Document:

Change in Control and Severance Agreement

 Exhibit 10.7 
 DIADEXUS, INC. 
 CHANGE IN CONTROL AND SEVERANCE AGREEMENT

 This Change in Control and Severance Agreement (the “Agreement”) is made and entered into by and between
R. Michael Richey (“Executive”) and diaDexus, Inc. (the “Company”), effective as of the latest date set forth by the signatures of the parties hereto below (the “Effective Date”). 

RECITALS 

A.         It is expected that the Company from time to time will consider the possibility of an
acquisition by another company or other change in control. The Compensation Committee (the “Compensation Committee”) of the Board of Directors of the Company (the “Board”) recognizes that such consideration as well
as the possibility of an involuntary termination can be a distraction to Executive and can cause Executive to consider alternative employment opportunities. The Compensation Committee has determined that it is in the best interests of the Company
and its stockholders to assure that the Company will have the continued dedication and objectivity of Executive, notwithstanding the possibility, threat or occurrence of such an event. 

B.         The Compensation Committee believes that it is in the best interests of the Company
and its stockholders to provide Executive with an incentive to continue Executive’s employment and to motivate Executive to maximize the value of the Company upon a Change in Control (as defined below) for the benefit of its stockholders.

 C.         The Board believes that it is imperative to provide Executive with
severance benefits upon certain terminations of Executive’s service to the Company that enhance Executive’s financial security and provide incentive and encouragement to Executive to remain with the Company notwithstanding the possibility
of such an event. 
 D.         Certain capitalized terms used in this Agreement are
defined in Section 7 below. 
 The parties hereto agree as follows: 

1.         Term of Agreement. This Agreement shall become effective as of the Effective
Date and terminate upon the date that all obligations of the parties hereto with respect to this Agreement have been satisfied. 

2.         At-Will Employment. The Company and Executive acknowledge that Executive’s
employment is and shall continue to be “at-will,” as defined under applicable law. If Executive’s employment terminates for any reason, Executive shall not be entitled to any payments, benefits, damages, awards or compensation other
than as provided by this Agreement. 
 3.         Termination without Cause Outside
of a Change in Control Period. If, on or after the first anniversary of Executive’s commencement of employment with the Company, the Executive’s employment with the Company is terminated by the Company other than for Cause and such

 
termination occurs outside of a Change in Control Period, then, subject to Executive executing a general release of all claims against the Company and its affiliates in a form acceptable to the
Company (a “Release of Claims”) and such Release of Claims becoming effective and irrevocable within sixty (60) days following such termination of employment, then in addition to any accrued but unpaid salary, bonus, vacation
and expense reimbursement payable in accordance with applicable law (“Accrued Obligations”), the Company shall provide Executive with the following: 
 (a)         Severance. Executive shall be entitled to receive an amount equal to six (6) months of Executive’s base salary at the rate in effect
immediately prior to Executive’s termination of employment payable in substantially equal installments in accordance with the Company’s standard payroll policies, less applicable withholdings, with such payments to commence on the payroll
date that immediately follows the date the Release of Claims is effective and irrevocable. 

(b)         Continued Healthcare. If Executive elects to receive continued healthcare
coverage pursuant to the provisions of the Consolidated Omnibus Budget Reconciliation Act of 1985, as amended (“COBRA”), the Company shall directly pay, or reimburse Executive for, the COBRA premium for Executive and Executive’
s covered dependents through the earlier of (i) the six (6) month anniversary of the date of Executive’s termination of employment and (ii) the date Executive and Executive’s covered dependents, if any, become eligible for
healthcare coverage under another employer’s plan(s). After the Company ceases to pay or reimburse premiums pursuant to the preceding sentence, Executive may, if eligible, elect to continue healthcare coverage at Executive’s expense in
accordance with the provisions of COBRA. 
 4.         Certain Terminations During a
Change in Control Period. If, on or after the first anniversary of Executive’s commencement of employment with the Company, the Executive’s employment with the Company is terminated by the Company for other than Cause or by Executive
for Good Reason and such termination occurs during a Change in Control Period, then, subject to Executive executing a Release of Claims and such Release of Claims becoming effective and irrevocable within sixty (60) days following such
termination of employment, in addition to the Accrued Obligations, the Company shall provide Executive with the following: 

(a)         Severance. Executive shall be entitled to receive an amount equal to six
(6) months of Executive’s base salary at the rate in effect immediately prior to Executive’s termination of employment payable in substantially equal installments in accordance with the Company’s standard payroll policies, less
applicable withholdings, with such payments to commence on the payroll date that immediately follows the date the Release of Claims is effective and irrevocable. 
 (b)         Continued Healthcare. If Executive elects to receive continued healthcare coverage pursuant to the provisions of COBRA, the Company shall
directly pay, or reimburse Executive for, the COBRA premium for Executive and Executive’ s covered dependents through the earlier of (i) the six (6) month anniversary of the date of Executive’s termination of employment and
(ii) the date Executive and Executive’s covered dependents, if any, become eligible for healthcare coverage under another employer’s plan(s). After the Company ceases to pay premiums pursuant to the preceding sentence, Executive may,
if eligible, elect to continue healthcare coverage at Executive’s expense in accordance with the provisions of COBRA. 

  
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 (c)         Equity Awards. Effective
immediately prior to such termination, the Executive’s options to purchase shares of the common stock of the Company shall become vested and exercisable and/or the restrictions applicable to unvested or restricted shares of the common stock of
the Company held by Executive shall lapse, in each case, with respect to that number of shares which would have become vested had Executive remained in continuous service with the Company for an additional six months following the date of
Executive’s termination of employment. 
 5.         Other Termination. If
Executive’s employment with the Company is terminated by the Company for Cause or by Executive for any or no reason other than Good Reason within a Change in Control Period or if Executive fails to execute a Release of Claims or such Release of
Claims fails to become effective and irrevocable within sixty (60) days following Executive’s termination of employment, then Executive shall not be entitled to any benefits hereunder other than to receive Executive’s Accrued
Obligations and to elect any continued healthcare coverage as may be required under COBRA or similar state law. 

6.         Limitation on Payments. 

(a)         Parachute Payments. Any provision of this Agreement to the contrary
notwithstanding, if any payment or benefit Executive would receive from the Company pursuant to this Agreement or otherwise (“Payment”) would (i) constitute a “parachute payment” within the meaning of
Section 280G of the Code, and (ii) but for this sentence, be subject to the excise tax imposed by Section 4999 of the Code (the “Excise Tax”), then such Payment will be equal to the Reduced Amount (as defined below).
The “Reduced Amount” will be either (1) the largest portion of the Payment that would result in no portion of the Payment (after reduction) being subject to the Excise Tax or (2) the entire Payment, whichever amount after
taking into account all applicable federal, state and local employment taxes, income taxes, and the Excise Tax (all computed at the highest applicable marginal rate, net of the maximum reduction in federal income taxes which could be obtained from a
deduction of such state and local taxes), results in Executive’ s receipt, on an after-tax basis, of the greatest amount of the Payment. If a reduction in the Payment is to be made so that the Payment equals the Reduced Amount, (x) the
Payment will be paid only to the extent permitted under the Reduced Amount alternative, and Executive will have no rights to any additional payments and/or benefits constituting the Payment, and (y) reduction in payments and/or benefits will
occur in the following order: (1) reduction of cash payments; (2) cancellation of accelerated vesting of equity awards other than stock options; (3) cancellation of accelerated vesting of stock options; and (4) reduction of other
benefits paid to Executive. In the event that acceleration of vesting of equity award compensation is to be reduced, such acceleration of vesting will be cancelled in the reverse order of the date of grant of Executive’s equity awards.

 (b)         Accounting Firm. The accounting firm engaged by the Company for
general tax purposes as of the day prior to the Change in Control will perform the calculations set forth in Section 6(a). If the firm so engaged by the Company is serving as accountant or auditor for the acquiring company, the Company will
appoint a nationally recognized accounting firm to make the determinations required hereunder. The Company will bear all expenses with respect to the determinations by such firm required to be made hereunder. The accounting firm engaged to make the
determinations hereunder will provide its calculations, together with detailed supporting documentation, to the Company within fifteen (15) days before the consummation of a Change in 

  
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Control (if requested at that time by the Company) or such other time as requested by the Company. If the accounting firm determines that no Excise Tax is payable with respect to a Payment,
either before or after the application of the Reduced Amount, it will furnish the Company with documentation reasonably acceptable to the Company that no Excise Tax will be imposed with respect to such Payment. Any good faith determinations of the
accounting firm made hereunder will be final, binding and conclusive upon the Company and Executive. 

7.         Definition of Terms. The following terms referred to in this Agreement shall
have the following meanings: 
 (a)         Cause. “Cause” means
(i) Executive’s willful failure to substantially perform Executive’s duties for the Company (other than any such failure resulting from Executive’s total and permanent disability); (ii) Executive’s willful failure to
carry out, or comply with, in any material respect any lawful directive of the Board; (iii) Executive’s commission at any time of any act or omission that results in, or may reasonably be expected to result in, a conviction, plea of no
contest, plea of nolo contendere, or imposition of unadjudicated probation for any felony or crime involving moral turpitude; (iv) Executive’s unlawful use (including being under the influence) or possession of illegal drugs on the
Company’s premises or while performing Executive’s duties and responsibilities for the Company; (v) Executive’s commission at any time of any act of fraud, embezzlement, misappropriation, misconduct, conversion of assets of the
Company, or breach of fiduciary duty against the Company (or any predecessor thereto or successor thereof); or (vi) Executive’s material breach of any agreement with the Company (including, without limitation, any breach of the restrictive
covenants of any such agreement); and which, in the case of clauses (i), (ii) and (vi), continues beyond thirty (30) days after the Company has provided Executive written notice of such failure or breach (to the extent that, in the
reasonable judgment of the Board, such failure or breach can be cured by Executive). Whether or not an event giving rise to “Cause” occurs will be determined by the Board in its sole discretion. 

(b)         Change in Control. “Change in Control” means (i) the
acquisition of the Company by another entity, or entities acting as a group, by means of any transaction or series of related transactions (including, without limitation, any reorganization, merger or consolidation) that results in such entity or
entities holding more than fifty percent (50%) of the outstanding voting power of the Company (other than a bona fide equity financing transaction or transfers between affiliated funds) or (ii) a sale or other disposition by the Company of
all or substantially all of the assets of the Company. 
 (c)         Change in
Control Period. “Change in Control Period” means that period of time commencing on the consummation of a Change in Control and ending on the first anniversary of such Change in Control. 

(d)         Good Reason. “Good Reason” means Executive’s resignation
from employment with the Company after the occurrence, without Executive’s written consent, of any of the following on or after a Change in Control: one or more of the following conditions occurs on or following a Change in Control without
Executive’s written consent: (i) a material diminution in Executive’s authority, duties, or responsibilities as in effect as of immediately prior to a Change in Control; (ii) a material reduction in Executive’s Annual Base
Salary as in effect as of immediately 

  
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prior to a Change in Control (other than a reduction that affects all senior executives of the Company to a similar degree); or (iii) a material change in the geographic location of the
principal offices at which Executive must perform Executive’s services as of immediately prior to a Change in Control (which shall in no event include a relocation of Executive’s principal office of less than sixty (60) miles from
South San Francisco, CA). Notwithstanding the foregoing, in no event shall Executive have Good Reason to terminate Executive’s employment unless Executive provides to the Company written notice of the condition giving rise to Good Reason within
sixty (60) days after the initial occurrence of such condition, such condition continues beyond thirty (30) days after the Company receives such notice (the “Cure Period”) and Executive’s resignation for Good Reason
is effective within thirty (30) days after the end of the Cure Period. 

8.         Successors. 

(a)         Company’s Successors. Any successor to the Company (whether direct or
indirect and whether by purchase, merger, consolidation, liquidation or otherwise) to all or substantially all of the Company’s business and/or assets shall assume the obligations under this Agreement and agree expressly to perform the
obligations under this Agreement in the same manner and to the same extent as the Company would be required to perform such obligations in the absence of a succession. For all purposes under this Agreement, the term “Company” shall include
any successor to the Company’s business and/or assets. 
 (b)        
Executive’s Successors. The terms of this Agreement and all rights of Executive hereunder shall inure to the benefit of, and be enforceable by, Executive’s personal or legal representatives, executors, administrators, successors,
heirs, distributees, devisees and legatees. 
 9.         Notices. Notices and
all other communications contemplated by this Agreement shall be in writing and shall be deemed to have been duly given when personally delivered or one day following mailing via Federal Express or similar overnight courier service. In the case of
Executive, mailed notices shall be addressed to Executive at Executive’s home address that the Company has on file for Executive. In the case of the Company, mailed notices shall be addressed to its corporate headquarters, and all notices shall
be directed to the attention of its Chief Executive Officer. 
 10.        
Restrictive Covenants. 
 (a)         Proprietary Information Agreement.
Executive shall remain bound by Executive’s obligations under the Company’s standard Proprietary Information and Inventions Assignment Agreement (the “Proprietary Information Agreement”). 

(b)         Proprietary Information. Without limiting the Proprietary Information
Agreement, except as Executive reasonably and in good faith determines to be required in the faithful performance of Executive’s duties to the Company, Executive shall at all times before and after Executive’s termination of employment
maintain in confidence and shall not directly or indirectly, use, disseminate, disclose or publish, for Executive’s benefit or the benefit of any other person or entity, any confidential or proprietary information or trade secrets of or
relating to the Company, including, without limitation, information with respect to the Company’s operations, processes, protocols, products, inventions, business practices, finances, principals, vendors,

  
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suppliers, customers, potential customers, marketing methods, costs, prices, contractual relationships, regulatory status, compensation paid to employees or other terms of employment
(“Proprietary Information”), or deliver to any person or entity, any document, record, notebook, computer program or similar repository of or containing any such Proprietary Information. Executive’s obligation to maintain and
not use, disseminate, disclose or publish, or use for Executive’s benefit or the benefit of any other person or entity, any Proprietary Information after the date Executive terminates employment will continue so long as such Proprietary
Information is not, or has not by legitimate means become, generally known and in the public domain (other than by means of Executive’s direct or indirect disclosure of such Proprietary Information) and continues to be maintained as Proprietary
Information by the Company. The parties hereby stipulate and agree that as between them, the Proprietary Information identified herein is important, material and affects the successful conduct of the businesses of the Company (and any successor or
assignee of the Company). 
 (c)         Nonsolicitation. Without limiting the
Proprietary Information Agreement, Executive hereby agrees that Executive shall not while employed or otherwise providing services to the Company and with respect to subsection (ii) below, within the one year period immediately following the
termination of Executive’s employment or other service to the Company, directly or indirectly, either for Executive or on behalf of any other person or entity, (i) recruit or otherwise solicit or induce any employee, customer or supplier
of the Company to terminate its employment or arrangement with the Company, or otherwise change its relationship with the Company, or (ii) hire, or cause to be hired, any person who was employed by the Company at any time during the twelve
(12)-month period immediately prior to the date Executive terminates employment with the Company or who thereafter becomes employed by the Company. 
 (d)         Return of Materials. Upon termination of Executive’s employment with the Company for any reason, Executive will promptly deliver to the
Company (i) all correspondence, drawings, manuals, letters, notes, notebooks, reports, programs, plans, proposals, financial documents, or any other documents that are Proprietary Information, including all physical and digital copies thereof,
and (ii) all other Company property (including, without limitation, any personal computer or wireless device and related accessories, keys, credit cards and other similar items) which is in Executive’s possession, custody or control.

 (e)         Exception to Restrictive Covenants. Notwithstanding anything in
this Section 10 to the contrary, Executive may respond to a lawful and valid subpoena or other legal process but shall give the Company the earliest possible notice thereof, and shall, as much in advance of the return date as possible, make
available to the Company and its counsel the documents and other information sought, and shall assist such counsel in resisting or otherwise responding to such process. 
 (f)         Nondisparagement. Executive agrees not to disparage the Company, any of its products or practices, or any of its directors, officers, agents,
representatives, partners, members, equity holders or affiliates, either orally or in writing, at any time, provided, that Executive may confer in confidence with Executive’s legal representatives and make truthful statements as required
by law. 

  
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 (g)         Subsequent Employment. Prior to
accepting other employment or any other service relationship prior to the first anniversary of Executive’s termination of employment, Executive shall provide a copy of this Section 10 to any recruiter who assists Executive in obtaining
other employment or any other service relationship and to any employer or other person or entity with which Executive discusses potential employment or any other service relationship. 

(h)         Enforceability. In the event the terms of this Section 10 shall be
determined by any court of competent jurisdiction to be unenforceable by reason of its extending for too great a period of time or over too great a geographical area or by reason of its being too extensive in any other respect, it will be
interpreted to extend only over the maximum period of time for which it may be enforceable, over the maximum geographical area as to which it may be enforceable, or to the maximum extent in all other respects as to which it may be enforceable, all
as determined by such court in such action. Any breach or violation by Executive of the provisions of this Section 10 shall toll the running of any time periods set forth in this Section 10 for the duration of any such breach or violation.

 (i)         Affiliates. As used in this Section 6, the term
“Company” shall include the Company and any parent, affiliated, related and/or direct or indirect subsidiary entity thereof. 
 11. Dispute Resolution. To ensure the timely and economical resolution of disputes that arise in connection with this Agreement, Executive and the Company agree that any and all controversies,
claims and disputes arising out of or relating to this Agreement, including without limitation any alleged violation of its terms, shall be resolved by final and binding arbitration before a single neutral arbitrator in San Mateo County, California,
in accordance with the Employment Dispute Resolution Rules of the American Arbitration Association (“AAA”). The arbitration shall be commenced by filing a demand for arbitration with the AAA within fourteen (14) days after the filing
party has given notice of such breach to the other party. The arbitrator shall award the prevailing party attorneys’ fees and expert fees, if any. Notwithstanding the foregoing, it is acknowledged that it will be impossible to measure in money
the damages that would be suffered if the parties fail to comply with any of the obligations imposed on them under Section 10 hereof, and that in the event of any such failure, an aggrieved person will be irreparably damaged and will not have
an adequate remedy at law. Any such person shall, therefore, be entitled to injunctive relief, including specific performance, to enforce such obligations, and if any action shall be brought in equity to enforce any of the provisions of
Section 10 of this Agreement, none of the parties hereto shall raise the defense that there is an adequate remedy at law. 

12.         Miscellaneous Provisions. 

(a)         Section 409A. 

(i)         Separation from Service. Notwithstanding any provision to the contrary in
this Agreement, no amount deemed deferred compensation subject to Section 409A of the Code shall be payable pursuant to Sections 3 or 4 unless Executive’s termination of employment constitutes a “separation from service” with the
Company within the meaning of Section 409A of the Code and the Department of Treasury regulations and other guidance promulgated thereunder (a “Separation from Service”) and, except as provided under Section 12(a)(ii) of
this Agreement, any 

  
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such amount shall be paid, or in the case of installments commencement payment, on the sixtieth (60th) day following Executive’s Separation from Service. 

(ii)         Specified Employee. Notwithstanding any provision to the contrary in this
Agreement, if Executive is deemed at the time of Executive’s Separation from Service to be a “specified employee” for purposes of Section 409A(a)(2)(B)(i) of the Code, to the extent delayed commencement of any portion of the
benefits to which Executive is entitled under this Agreement is required in order to avoid a prohibited distribution under Section 409A(a)(2)(B)(i) of the Code, such portion of Executive’s benefits shall not be provided to Executive until
the earlier of (a) the expiration of the six (6)-month period measured from the date of Executive’s Separation from Service or (b) the date of Executive’s death. Upon the first business day following the expiration of the
applicable Code Section 409A(a)(2)(B)(i) period, all payments deferred pursuant to this Section 12(a)(ii) shall be paid in a lump sum to Executive, and any remaining payments due under this Agreement shall be paid as otherwise provided
herein. 
 (iii)         Expense Reimbursements. To the extent that any
reimbursements payable pursuant to this Agreement are subject to the provisions of Section 409A of the Code, any such reimbursements payable to Executive pursuant to this Agreement shall be paid to Executive no later than December 31 of
the year following the year in which the expense was incurred, the amount of expenses reimbursed in one year shall not affect the amount eligible for reimbursement in any subsequent year, and Executive’s right to reimbursement under this
Agreement will not be subject to liquidation or exchange for another benefit. 

(iv)         Installments. For purposes of Section 409A of the Code,
Executive’s right to receive installment payments pursuant to Sections 3 and 4 shall be treated as a right to receive a series of separate and distinct payments. 
 (b)         Waiver. No provision of this Agreement shall be modified, waived or discharged unless the modification, waiver or discharge is agreed to in
writing and signed by Executive and by an authorized officer of the Company (other than Executive). No waiver by either party of any breach of, or of compliance with, any condition or provision of this Agreement by the other party shall be
considered a waiver of any other condition or provision or of the same condition or provision at another time. 

(c)         Whole Agreement. This Agreement and the Proprietary Information Agreement
represent the entire understanding of the parties hereto with respect to the subject matter hereof and supersede all prior arrangements and understandings regarding same including, without limitation, any severance provisions of any offer letter
agreement or employment agreement between Executive and the Company. 
 (d)        
Choice of Law. The validity, interpretation, construction and performance of this Agreement shall be governed by the laws of the State of California. 
 (e)         Severability. The invalidity or unenforceability of any provision or provisions of this Agreement shall not affect the validity or enforceability
of any other provision hereof, which shall remain in full force and effect. 

  
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 (f) Counterparts. This Agreement may be executed in counterparts, each of which shall
be deemed an original, but all of which together will constitute one and the same instrument. 
 (Signature page follows)

  
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 IN WITNESS WHEREOF, each of the parties has executed this Agreement, in the case of the Company by its duly
authorized officer, as of the day and year set forth below. 
  
  

			
	DIADEXUS, INC.
		
	By:	 	/s/ Brian E. Ward
		
	Title:	 	C.O.O.
		
	Date:	 	9/23/11
	
	EXECUTIVE
	
	/s/ R. Michael Richey
	R. Michael Richey
		
	Date:	 	9/20/11

  
 Signature Page to Change in
Control and Severance AgreementConsulting Agreement

 Exhibit 10.9 
 CONSULTING AGREEMENT 
 This Consulting Agreement (“Agreement”) is made and entered into
as of September 22, 2011 James Panek, (“Effective Date”) by and between diaDexus, Inc. located at 343 Oyster Point Boulevard, South San Francisco, CA 94080 (“Company”), and James Panek, 120 Valdeflores Drive, Burlingame, CA
94010 (“Consultant”). The Company desires to retain Consultant as an independent contractor to perform consulting services for the Company and Consultant is willing to perform such services, on the terms set forth more fully below. In
consideration of the mutual promises contained herein, the parties agree as follows: 
  

	1)	SERVICES AND COMPENSATIONS 

	 	a)	Consultant agrees to perform for the Company the services (“Services”) described in Exhibit A, attached hereto. Unless otherwise agreed to by the parties,
Consultant shall perform Services on normal work days during customary business hours. 

	 	b)	The Company agrees to pay Consultant the compensation set forth in Exhibit A for the performance of the Services. 

 

	2)	CONFIDENTIALITY 

	 	a)	“Confidential Information” means any Company proprietary information, technical data, trade secrets or know-how, including, but not limited to, research,
product plans, products, services, customers, customer lists, markets, software, developments, inventions, processes, formulas, technology, designs, drawing, engineering, hardware configuration information, marketing, finances or other business
information disclosed by the Company either directly or indirectly in writing, orally or by drawings or inspection of parts or equipment. 

	 	b)	Consultant will not, during or subsequent to the term of this Agreement, use Confidential Information for any purpose whatsoever other than the performance of the
Services on behalf of the Company or disclose the Confidential Information to any third party. Consultant agrees that such Confidential Information shall remain the sole property of the Company. Consultant further agrees to take all reasonable
precautions to prevent any unauthorized disclosure of such Confidential Information including, but not limited to, having each employee of Consultant, if any, with access to any Confidential Information, execute a nondisclosure agreement containing
provisions in the Company’s favor identical to Sections 2, 3, and 5 of this Agreement. Confidential Information does not include information which (i) is known independently to Consultant at the time of disclosure to Consultant by the
Company as evidenced by written records of Consultant, (ii) has become publicly known and made generally available through no wrongful act of Consultant, or (iii) has been rightfully received by Consultant from a third party who is
authorized to make such disclosure. Without the prior written approval of the Company, Consultant will not directly or indirectly disclose to anyone the existence of this Agreement or the fact that Consultant has this arrangement with the Company
other than as necessitated by a submission to a peer reviewed publication. 

	 	c)	Consultant agrees that Consultant will not, during the term of this Agreement, improperly use or disclose any proprietary information or trade secrets of any former or
current employer or other person or entity with which Consultant has an agreement or duty to keep in confidence information acquired by Consultant, if any, and that Consultant will not bring onto the premises of the Company any unpublished document
or proprietary information belonging to such employer, person, or entity unless consented to in writing by such employer, person, or entity. 

	 	d)	Consultant recognizes that the Company has received and in the future will receive from third parties their confidential or proprietary information subject to a duty on
the part of the Company to maintain the confidentiality of such information and to use it only for certain limited purposes. Consultant agrees that Consultant owes the Company and such third parties, during the term of this Agreement and thereafter,
a duty to hold all such confidential or proprietary information in the strictest confidence and not to disclose it to any person, firm or corporation or to use it except as necessary in carrying out the Services for the Company consistent with the
Company’s agreement with such third party. 

	 	e)	Upon termination of this Agreement, or upon Company’s earlier request, Consultant will deliver to the Company all of the Company’s property or Confidential
Information that Consultant may have in Consultant’s possession or control. 

  

	3)	OWNERSHIP 

	 	a)	Consultant agrees that all copyrightable material, notes, records, drawings, designs, inventions, improvements, developments, discoveries and trade secrets
(collectively, “Inventions”) conceived, made or discovered by Consultant, solely or in collaboration with others, during the period of this Agreement which relate in any manner to the business of the Company that Consultant may be directed
to undertake, investigate or experiment with, or which Consultant may become associated with in work, investigation or experimentation in the line of business of Company in performing the Services hereunder, are the sole property of the Company. In
addition, any Inventions which constitute copyrightable subject matter shall be considered “works made for hire” as that term is defined in the United States Copyright Act. Consultant further agrees to assign (or cause to be assigned) and
does hereby assign fully to the Company all Inventions and any copyrights, patents, mask work rights or other intellectual property rights relating thereto. 

  

			
	 Confidential
	  	Page 1 of 4

	 	b)	Consultant agrees to assist Company, or its designee, at the Company’s expense, in every proper way to secure the Company’s rights in the Inventions and
copyrights, patents, mask work rights or other intellectual property rights relating thereto in any and all countries, including the disclosure to the Company of all pertinent information and data with respect thereto, the execution of all
applications, specifications, oaths, assignments, and all other instruments which the Company shall deem necessary in order to apply for and obtain such rights and in order to assign and convey to the Company, its successors, assigns and nominees
the sole and exclusive right, title and interest in and to such Inventions, and any copyrights, patents, mask work rights or other intellectual property rights relating thereto. Consultant further agrees that Consultant’s obligations to execute
or cause to be executed, when it is in Consultant’s power to do so, any such instrument or papers shall continue after the termination of this Agreement. 

	 	c)	Consultant agrees that if the Company is unable because of Consultant’s unavailability, dissolution, mental or physical incapacity, or for any other reason, to
secure Consultant’s signature to apply for or to pursue any application for any United States or foreign patents or mask work or copyright registrations covering Inventions assigned to the Company above, then Consultant hereby irrevocably
designates and appoints the Company and its duly authorized officers and agents as Consultant’s agent and attorney in fact, to act for an in permitted acts to further the prosecution and issuance of patents, copyright and mask work
registrations thereon with the same legal force and effect as if executed by Consultant. 

  

	4)	REPORTS 

	 	a)	Consultant agrees that it will from time to time during the term of this Agreement or any extension thereof keep the Company advised as to Consultant’s progress in
performing the Services hereunder and that Consultant will, as requested by the Company, prepare written reports with respect thereto. It is understood that the time required in the preparation of such written reports shall be considered time
devoted to the performance of Consultant’s Services. 

  

	5)	PAYMENT 

	 	a)	Consultant will be paid according to the schedule in Exhibit A. The Consultant will be reimbursed by diaDexus for all pre-approved reasonable and documented meals,
travel and lodging expenses incurred by the Consultant in connection with the performance of the Consultant’s Services rendered by the Consultant hereunder, provided that the Consultant provides diaDexus with a reasonable accounting, together
with receipts, for such expenses. Expenses shall only be incurred with the advance written approval of diaDexus and must be consistent with diaDexus’ policy e.g. diaDexus shall reimburse Consultant for its actual itemized, documented,
reasonable and necessary travel expenses (e.g. transportation, lodging and (only if overnight travel is involved) meals) at Consultant’s cost, with no mark-up or overhead adjustment, provided such expenses are incurred by Consultant at the
written request of diaDexus, within sixty (60) days of diaDexus’ receipt from Consultant documentation of the actual charge or cost to Consultant. Consultant’s expenses for lodging, meals and transportation shall be at reasonable
rates and Consultant shall exercise prudence in incurring such expenses. diaDexus expects that all Consultant travel shall be coach-class and that such arrangements will take advantage of any available cost-effective discounts and special rates.
	 

  

	6)	CONFLICTING OBLIGATIONS 

	 	a)	Consultant certifies that Consultant has no outstanding agreement or obligation that is in conflict with any of the provisions of this Agreement, or that would preclude
Consultant from complying with the provisions hereof, and further certifies that Consultant will not enter into any such conflicting Agreement during the term of this Agreement. 

	 	b)	In view of Consultant’s access to the Company’s trade secrets and proprietary know-how, Consultant further agrees that Consultant will not, without the
Company’s prior written consent, design identical or substantially similar Inventions as those developed under this Agreement for any third party during the term of this Agreement and for a period of twelve (12) months after the
termination of this Agreement. 

  

	7)	TERM AND TERMINATION 

	 	a)	This Agreement will commence of the Effective Date and will continue until final completion of the Services, anticipated for October 28, 2011.

	 	b)	The Company may terminate this Agreement for any reason upon giving two weeks prior written notice thereof to Consultant. Any such notice shall be addressed to
Consultant at the address shown below or such other address as either party may notify the other of and shall be deemed given upon delivery if personally delivered, or forty-eight (48) hours after deposited in the Unites States mail, postage
pre-paid, registered or certified mail, return receipt requested. The Company may terminate this Agreement immediately and without prior notice if Consultant refuses to or is unable to perform the Services or is in breach of any material provision
of this Agreement. 

	 	c)	Upon such termination, all rights and duties of the parties toward each other shall cease except: 

	 	i)	That the Company shall be obligated to pay, within thirty (30) days of the date of termination, all amounts owing to Consultant for Services completed prior to the
termination date and related expenses, if any, in accordance with the provisions of Section 1 (Service and Compensation) hereof; and 

  

			
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	 	ii)	Sections 2 (Confidentiality), 3 (Ownership), 9 (Independent Contractors) and 10 (Arbitration and Equitable Relief) shall survive termination of this Agreement.

  

	8)	ASSIGNMENT 

	 	a)	Neither this Agreement nor any right hereunder or interest herein may be assigned or transferred by Consultant without the express prior written consent of the Company.

  

	9)	INDEPENDENT CONTRACTOR 

	 	a)	Nothing in this Agreement shall in any way be construed to constitute Consultant as an agent, employee or representative of Company. Consultant shall perform the
Services hereunder as an independent contractor. Consultant agrees to furnish (or reimburse the Company for) all tools and materials necessary to accomplish the Services, and shall incur all expenses associated with performance, except as expressly
provided on Exhibit A of this Agreement. Consultant acknowledges and agrees that Consultant is obligated to report as income all compensation received by Consultant pursuant to this Agreement, and Consultant agrees to and acknowledges the obligation
to pay all self-employment and other taxes thereon. Consultant further agrees to indemnify the Company and hold it harmless to the extent of any obligation imposed on Company (i) to pay in withholding taxes or similar items or
(ii) resulting from Consultant’s being determined not to be an independent contractor. 

  

	10)	ARBITRATION AND EQUITABLE RELIEF 

	 	a)	Except as provided in Section 10(b) below, the Company and Consultant agree that any dispute or controversy arising out of or relating to any interpretation,
construction, performance or breach of this Agreement, shall be settled by arbitration to be held in San Francisco County, California, in accordance with the rules then in effect of the American Arbitration Association. The arbitrator may grant
injunctions or other relief in such dispute or controversy. The Judgement may be entered on the arbitrator’s decision in any court of competent jurisdiction. The Company and Consultant shall each pay one-half of the costs and expenses of such
arbitration, and each shall separately pay its respective counsel fees and expenses. 

	 	b)	Consultant agrees that it would be impossible or inadequate to measure and calculate the Company’s damages from any breach of the covenants set forth in Sections 2
or 3, the Company will have available, in addition to any other right or remedy available, the right to obtain from any court of competent jurisdiction an injunction restraining such breach or threatened breach and specific performance of any such
provision. Consultant further agrees that no bond or other security shall be required in obtaining such equitable relief and Consultant hereby consents to the issuances of such injunction and to the ordering of specific performance.

  

	11)	GOVERNING LAW 

	 	a)	This agreement shall be construed and enforced under the laws of the State of California. 

 

	12)	ENTIRE AGREEMENT 

	 	a)	This Agreement is the entire agreement of the parties and supercedes any prior agreements between them with respect to the subject matter hereof.

 IN WITNESS WHEREOF, the terms and conditions of this Agreement are agreed to and accepted by: 

									
			
	 CONSULTANT:

James Panek
	  		  	 COMPANY:
 diaDexus, Inc.

					
	By:	  	/s/ James P. Panek        	  		  	By:	  	/s/ Brian E. Ward
	Name:	  	James P Panek	  		  	Name:	  	Brian Ward
	Title:	  	 	  		  	Title:	  	CEO
	Date:	  	9/23/11	  		  	Date:	  	9/22/11

  

			
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 EXHIBIT A 
  

	1.	Contacts: 

 Consultant
contact information: 
 James Panek 
 Principal Company contact: 
  

					
		  	 Name:
	 	Brian Ward
		  	 Tel:
	 	866.667.0452
		  	 Email:
	 	bward@diadexus.com

  

	2.	Services.     Consultant shall render to the Company the following Services: 

1) Oversee all aspects of the Company’s move to its new facilities, scheduled to be completed by October 28,2011 

2) Support CEO / Company as needed in building the budget for 2012 

3) Assist as needed with investor contacts and public company filings 

It is anticipated that Consultant will spend one to two days per week performing these services, through the completion of the move.

  

	3.	Compensation. 

  

	 	(a)	The Company shall pay Consultant according to the following schedule: 

$15,000 on or about October 17 

$15,000 as soon as practicable following completion of the Company move 

 

	 	(b)	Consultant shall submit all statements for expenses in a form prescribed by the Company every month and such statements shall be approved by the contact person listed
above or other designated agent of the Company. 

  

			
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