Document:

Exhibit 10.3

 

April 4,
2008

 

Mr. Thomas
C. Higgins

 

Dear Tom:

 

This letter sets
forth the substance of the separation agreement (the “Agreement”) that Caliper
Life Sciences, Inc. (the “Company”) is offering to you to aid in your
employment transition.

 

1.     Separation.  Your last day
of work with the Company and your employment termination date will be April 4, 2008  (the “Separation Date”).

 

2.     Accrued Salary and Paid Time Off. 
On the Separation Date, the Company will pay you all salary and unused
paid time off accrued through the Separation Date, subject to standard payroll
deductions and withholdings.  You are
entitled to these payments by law.

 

3.     Severance Payment. 
Although the Company does not have any policy or procedure for providing
severance benefits, the Company will pay
you, as severance, (i) six (6) months of salary continuation  based on your base
salary in effect as of the Separation Date ($23,746 per month), and (ii) up
to an additional three (3) months of salary continuation  based on your base salary in effect as of the
Separation Date, which shall be payable beyond such initial six (6) month
severance period only for so long as you have not obtained new employment,
either as an employee, or as a consultant, for at least fifty percent (50%)
time (the “Severance Payments”).  You hereby agree that you shall notify the
Company upon the commencement of any new employment or consultancy. The
Severance Payments period shall begin on April 5, 2008, and the Severance
Payments shall be made on the Company’s standard payroll dates, and will be
subject to standard payroll deductions and withholdings. The Severance Payments
and the bonus payment set forth below are contingent upon you allowing the
releases set forth herein to become effective.

 

4.     Performance Bonus.  As an exception to the
Company’s standard policy regarding payment of annual bonuses, Caliper will pay
to you (at the time that bonus payments are made to all employees), the annual
performance bonus for 2007 that you would have earned and been eligible to
receive had you remained employed with the Company on the date of payment (in
the amount of $51,263.43), according to the stated terms and conditions of the
Company’s Performance Bonus Plan.

 

5.     Stock Options.  Pursuant to the
terms of your stock option grant agreement and the Company’s applicable stock
option plan, vesting of your stock option(s) will cease on the Separation
Date, unless you continue to provide consulting or other services to the
Company thereafter. Your right to exercise any vested shares and all other
rights and obligations with respect to your stock option(s), will be as set
forth in your stock option grant agreement and the Company’s stock option plan.

 

6.     Health Insurance. 
To the extent provided by the federal COBRA law and by the Company’s
current group health insurance policies, after the Separation Date, you will be
eligible to continue your group health insurance benefits.  If
you timely elect continued coverage under COBRA and execute and allow the
releases set forth herein to become effective, the Company will pay the

 

 

April 3, 2008

 

COBRA
premiums necessary to continue your current family health care coverages
(family medical, dental and vision care) until the cessation of the Severance
Payments in accordance with paragraph 3 above.

 

7.     Outplacement Services. The Company will provide you with
executive outplacement assistance of up to $12,500 in value from a company of
your choosing and under a contract to be negotiated by the Company, for twelve
(12) months from the Separation Date.

 

8.     Other Compensation or Benefits. 
You acknowledge that, except as expressly provided in this Agreement,
you will not receive any additional compensation, severance or benefits after
the Separation Date.

 

9.     Expense Reimbursements. 
You agree that, within ten (10) days of the Separation Date, you
will submit your final documented expense reimbursement statement reflecting
all business expenses you incurred through the Separation Date, if any, for
which you seek reimbursement.  The
Company will reimburse you for these expenses pursuant to its regular business
practice.

 

10.  Return of Company Property. 
You agree that, by the Separation Date, you will return to the Company
all Company documents (and all copies thereof) and other Company property in
your possession or control, with the exception of the laptop, blackberry and
related accessories that are currently assigned to you, including, but not
limited to:  Company files, notes,
memoranda, correspondence, agreements, draft documents, notebooks, logs,
drawings, records, plans, proposals, reports, forecasts, financial information,
sales and marketing information, research and development information,
personnel information, specifications, computer-recorded information, tangible
property and equipment, credit cards, entry cards, identification badges and
keys; and any materials of any kind that contain or embody any proprietary or
confidential information of the Company (and all reproductions thereof in whole
or in part). You agree to make a diligent search to ensure that you have
returned all such property, wherever it is located.    Notwithstanding the foregoing, you
may retain certain Company property as required to provide any consulting
services requested by the Company.

 

11.  Proprietary Information Obligations.  You  acknowledge your
continuing obligations under your Proprietary Information and Inventions
Agreement a copy of which is attached hereto as Exhibit A.

 

12.  Confidentiality. 
The provisions of this Agreement will be held in strictest confidence by
you and the Company and will not be publicized or disclosed in any manner
whatsoever; provided, however, that:  (a) you may disclose this Agreement to
your immediate family; (b) the parties may disclose this Agreement in
confidence to their respective attorneys, accountants, auditors, tax preparers,
and financial advisors; (c) the Company may disclose this Agreement as
necessary to fulfill standard or legally required corporate reporting or
disclosure requirements; and (d) the parties may disclose this Agreement
insofar as such disclosure may be necessary to enforce its terms or as
otherwise required by law.  By way of
example, and without limitation, you agree not to disclose the terms of this
Agreement to any current or former Company employee.

 

13.  Nondisparagement. 
You agree not to disparage the Company and its officers, directors,
employees, shareholders and agents, in any manner likely to be harmful to them
or their business, 

 

2

 

business reputation or
personal reputation; provided that you may respond accurately and fully to any
question, inquiry or request for information when required by legal process.

 

14.  No Admissions. 
You
understand and agree that the promises and payments in consideration of this
Agreement shall not be construed to be an admission of any liability or
obligation by the Company to you or to any other person, and that the Company
makes no such admission.

 

15.  General Release. 
In exchange for the consideration under this Agreement to which you
would not otherwise be entitled, you hereby generally and completely release
the Company and its directors, officers, employees, shareholders, partners,
agents, attorneys, predecessors, successors, parent and subsidiary entities,
insurers, affiliates, and assigns from any and all claims, liabilities and
obligations, both known and unknown, that arise out of or are in any way
related to events, acts, conduct, or omissions occurring prior to your signing
this Agreement.  This general release
includes, but is not limited to: (1) all claims arising out of or in any
way related to your employment with the Company or the termination of that
employment; (2) all claims related to your compensation or benefits from
the Company, including salary, bonuses, commissions, vacation pay, expense
reimbursements, severance pay, fringe benefits, stock, stock options, or any
other ownership interests in the Company; (3) all claims for breach of
contract, wrongful termination, and breach of the implied covenant of good
faith and fair dealing; (4) all tort claims, including claims for fraud,
defamation, emotional distress, and discharge in violation of public policy;
and (5) all federal, state, and local statutory claims, including claims
for discrimination, harassment, retaliation, attorneys’ fees, or other claims
arising under the federal Civil Rights Act of 1964 (as amended), the federal
Americans with Disabilities Act of 1990, the federal Age Discrimination in
Employment Act of 1967 (as amended) (“ADEA”), and the California Fair
Employment and Housing Act (as amended).

 

16.  Release of ADEA Claims.  You acknowledge that you are knowingly and
voluntarily waiving and releasing any rights you may have under the ADEA and
acknowledge that the consideration given for the waiver and release in the
preceding paragraph hereof is in addition to anything of value to which you
were already entitled.  You further
acknowledge that you have been advised by this writing, as required by the
ADEA, that:  (a) your waiver and
release do not apply to any rights or claims that may arise after the execution
date of this Agreement; (b) you should consult with an attorney prior to
executing this Agreement (although you may choose not to do so); (c) you
have twenty-one (21) days from the Separation Date to consider this Agreement
(although you may voluntarily execute this Agreement earlier); (d) you
have seven (7) days following the execution of this Agreement by the
parties to revoke the Agreement; and (e) this Agreement shall not be
effective until the date upon which the revocation period has expired, which
shall be the eighth day after this Agreement is executed by you (the “Effective
Date”).

 

17.  Further Release. In granting the release herein, which
includes claims which may be unknown to you or unsuspected by you at present,
you hereby expressly waive and relinquish all rights and benefits under any law
or legal principle in any jurisdiction with respect to the releases granted
herein, including but not limited to the release of unknown and unsuspected
claims granted in this Agreement.

 

18.  Miscellaneous.  This
Agreement, including Exhibit A, constitutes the complete, final and
exclusive embodiment of the entire agreement between you and the Company with
regard to this 

 

3

 

subject matter.  It is entered into without reliance on any
promise or representation, written or oral, other than those expressly
contained herein, and it supersedes any other such promises, warranties or representations.  This Agreement may not be modified or amended
except in a writing signed by both you and a duly authorized officer of the
Company.  This Agreement will bind the heirs,
personal representatives, successors and assigns of both you and the Company,
and inure to the benefit of both you and the Company, their heirs, successors
and assigns.  If any provision of this
Agreement is determined to be invalid or unenforceable, in whole or in part,
this determination will not affect any other provision of this Agreement and
the provision in question will be modified by the court so as to be rendered
enforceable.  This Agreement will be
deemed to have been entered into and will be construed and enforced in
accordance with the laws of the Commonwealth of Massachusetts as applied to
contracts made and to be performed entirely within the Commonwealth of
Massachusetts.

 

If this Agreement
is acceptable to you, please sign below and return the original to me.

 

I wish you good
luck in your future endeavors.

 

	
  Sincerely,

  
	
   

  
	
  CALIPER
  LIFE SCIENCES, INC.

  
	
   

  
	
   

  
	
  By:

  	
  /s/ Paula J.
  Cassidy

  	
   

  
	
   

  
	
  Exhibit A -
  Proprietary Information and
  Inventions Agreement

  
	
   

  
	
  AGREED:

  
	
   

  
	
   

  
	
  /s/ Thomas C.
  Higgins

  	
   

  
	
  Thomas C. Higgins

  

 

4

 

EXHIBIT A

 

PROPRIETARY
INFORMATION AND INVENTIONS AGREEMENT

 

5Exhibit 10.4

 

INDEPENDENT
CONTRACTOR SERVICES AGREEMENT

 

THIS
AGREEMENT is between CALIPER LIFE SCIENCES,
INC., a Delaware corporation, and its successors or assignees (“Client”)
and the undersigned individual or
entity (the “Contractor”), and shall be effective as of April 5,
2008 (the “Effective Date”).

 

1.             ENGAGEMENT
OF SERVICES.  Client
may from time to time issue Project Assignment(s) in the form attached to
this Agreement as Exhibit A. 
Subject to the terms of this Agreement, Contractor will, to the best of
its ability, render the services set forth in Project Assignment(s) accepted
by Contractor (the “Project(s)”) by the completion dates set forth
therein.  The manner and means by which
Contractor chooses to complete the Projects are in Contractor’s sole discretion
and control.  Contractor agrees to
exercise the highest degree of professionalism, and to utilize its expertise
and creative talents in completing such Projects.  In completing the Projects, Contractor shall
have access to Client tools and equipment as mutually agreed.  Client may make its facilities and equipment
available to Contractor when necessary. 
Contractor shall perform the services necessary to complete the Projects
in a timely and professional manner consistent with industry standards,
and at a location, place and time that the Contractor deems
appropriate.  Contractor may not
subcontract or otherwise delegate its obligations under this Agreement without
Client’s prior written consent.  If
Contractor is not a natural person, then before any Contractor employee or
consultant performs services in connection with this Agreement, the employee or
consultant and Contractor must have entered into a written agreement expressly
for the benefit of Client and containing provisions substantially equivalent to
this Section 1 and to Section 4 below.

 

2.             COMPENSATION.
 Client will pay
Contractor a fee for services rendered under this Agreement as set forth in the
Project Assignment(s) undertaken by Contractor. Such payments shall be subject to standard payroll deductions
and withholdings. Upon termination of this Agreement for any reason,
Contractor will be paid fees and expenses on a proportional basis as stated in
the Project Assignment(s) for work which is then in progress, up to and
including the effective date of such termination.  Unless other terms are set forth in the
Project Assignment(s) for work which is in progress, Client will pay the
Contractor for services and will reimburse the Contractor for previously
approved expenses within thirty (30) days of the date of Contractor’s invoice.

 

3.             INDEPENDENT
CONTRACTOR RELATIONSHIP.  Contractor’s relationship with Client will be
that of an independent contractor and nothing in this Agreement should be
construed to create a partnership, joint venture, or employer-employee
relationship.  Contractor is not the
agent of Client and is not authorized to make any representation, contract, or
commitment on behalf of Client.  Contractor
will not be entitled to any of the benefits that Client may make available to
its employees, such as group insurance, profit sharing or retirement benefits.
Contractor is free to enter any contract to provide services to other business
entities, except any contract that would induce Contractor to violate this
Agreement.

 

4.                                      TRADE
SECRETS - INTELLECTUAL PROPERTY RIGHTS.

 

4.1          Proprietary Information.  Contractor agrees during the term of this
Agreement and thereafter that it will take all steps reasonably necessary to
hold Client’s Proprietary Information in trust and confidence, will not use
Proprietary Information in any manner or for any purpose not expressly set
forth in this Agreement, and will not disclose any such Proprietary Information
to any third party without first obtaining Client’s express written consent on
a case-by-case basis.  By way of
illustration but not limitation “Proprietary Information” includes (a) trade
secrets, inventions, mask works, ideas, processes, formulas, source and object
codes, data, programs, other works of authorship, know-how, improvements, discoveries,
developments, designs and techniques (hereinafter collectively referred to as “Inventions”);
and (b) information regarding plans for research, development, new
products, marketing and selling, business plans, budgets and unpublished
financial statements, licenses, prices and costs, suppliers and customers; and (c) information
regarding the skills and compensation of other employees of Client.  Notwithstanding the other provisions of this
Agreement, nothing received by Contractor will be considered to be Client
Proprietary Information if (1) it has been published or is otherwise
readily available to the public other than by a breach of this Agreement; (2) it
has been rightfully received by Contractor from a third party without
confidential limitations; (3) it has been independently developed for
Contractor by personnel or agents having no access to the Client Proprietary
Information; or (4) it was known to Contractor prior to its first receipt
from Client.

 

1

 

4.2          Third Party Information.  Contractor understands that Client may
receive from third parties confidential or proprietary information (“Third
Party Information”) subject to a duty on Client’s part to maintain the
confidentiality of such information and use it only for certain limited
purposes.  Contractor agrees to hold
Third Party Information in confidence and not to disclose to anyone (other than
Contractor personnel who need to know such information in connection with their
work for Client) or to use, except in connection with Contractor’s work for
Client, Third Party Information unless expressly authorized in writing by an
officer of Client.

 

4.3          No Conflict of Interest.  Contractor agrees during the term of this
Agreement not to accept work or enter into a contract or accept an obligation,
inconsistent or incompatible with Contractor’s obligations under this Agreement
or the scope of services rendered for Client. During the first six (6) months
after the Effective Date, or such longer period as the Company is paying
Contractor on at least a half-time basis as set forth in Appendix A, Contractor
shall not engage in any employment or business activity that is competitive
with, or would conflict with, any business activity in which Client is engaged.
Contractor further agrees not to disclose to Client, or bring onto Client’s
premises, or induce Client to use any confidential information that belongs to
anyone other than Client or Contractor.

 

4.4          Disclosure of Work Product.  As used in this Agreement, the term “Work
Product” means any Invention, whether or not patentable, and all related
know-how, designs, mask works, trademarks, formulae, processes, manufacturing
techniques, trade secrets, ideas, artwork, software or other copyrightable or
patentable works.  Contractor agrees to
disclose promptly in writing to Client, or any person designated by Client, all
Work Product that is solely or jointly conceived, made, reduced to practice, or
learned by Contractor in the course of any work performed for Client (“Client
Work Product”).  Contractor agrees that
any and all Client Work Product shall be the sole and exclusive property of
Client.

 

4.5          Assignment of Client Work Product.  Contractor irrevocably assigns to Client all
right, title and interest worldwide in and to the Client Work Product and all
applicable intellectual property rights related to the Client Work Product,
including without limitation, copyrights, trademarks, trade secrets, patents,
moral rights, contract and licensing rights (the “Proprietary Rights”).  Except as set forth below, Contractor retains
no rights to use the Client Work Product and agrees not to challenge the
validity of Client’s ownership in the Client Work Product

 

4.6          Waiver or Assignment of Other Rights.  If Contractor has any rights to the Client
Work Product that cannot be assigned to Client, Contractor unconditionally and
irrevocably waives the enforcement of such rights, and all claims and causes of
action of any kind against Client with respect to such rights, and agrees, at
Client’s request and expense, to consent to and join in any action to enforce
such rights.  If Contractor has any right
to the Client Work Product that cannot be assigned to Client or waived by
Contractor, Contractor unconditionally and irrevocably grants to Client during
the term of such rights, an exclusive, irrevocable, perpetual, worldwide, fully
paid and royalty-free license, with rights to sublicense through multiple
levels of sublicensees, to reproduce, create derivative works of, distribute, publicly
perform and publicly display by all means now known or later developed, such
rights.

 

4.7          Assistance.  Contractor agrees to cooperate with Client or
its designee(s), both during and after the term of this Agreement, in the
procurement and maintenance of Client’s rights in Client Work Product and to
execute, when requested, any other documents deemed necessary by Client to
carry out the purpose of this Agreement.

 

4.8          Enforcement of Proprietary Rights.  Contractor will assist Client in every proper
way to obtain, and from time to time enforce, United States and foreign
Proprietary Rights relating to Client Work Product in any and all
countries.  To that end Contractor will
execute, verify and deliver such documents and perform such other acts (including
appearances as a witness) as Client may reasonably request for use in applying
for, obtaining, perfecting, evidencing, sustaining and enforcing such
Proprietary Rights and the assignment thereof. 
In addition, Contractor will execute, verify and deliver assignments of
such Proprietary Rights to Client or its designee.  Contractor’s obligation to assist Client with
respect to Proprietary Rights relating to such Client Work Product in any and
all countries shall continue beyond the termination of this Agreement, but
Client shall compensate Contractor at a reasonable rate after such termination
for the time actually spent by Contractor at Client’s request on such
assistance.

 

4.9          Execution of Documents.  In the event Client is unable for any reason,
after reasonable effort, to secure Contractor’s signature on any document
needed in connection with the actions specified in the preceding Sections 4.7
and 4.8, Contractor hereby irrevocably designates and appoints Client and its
duly authorized officers and agents as its agent and attorney in fact, which
appointment is coupled with an interest, to act for and in its behalf to
execute, verify and file any such documents and to do all other lawfully
permitted acts to further the purposes of the preceding paragraph 

 

2

 

with the same legal force
and effect as if executed by Contractor. 
Contractor hereby waives and quitclaims to Client any and all claims, of
any nature whatsoever, which Contractor now or may hereafter have for
infringement of any Proprietary Rights assigned hereunder to Client.

 

5.                                      TERMINATION.

 

5.1          Termination by Client.  Client may terminate this Agreement upon (i) breach
of this Agreement by Contractor, including Contractor’s refusal to perform
services hereunder as requested by Caliper, or (ii) Contractor engaging in
any employment or business activity that is competitive with, or would conflict
with, any business activity in which Client is engaged, in each case upon
fifteen (15) days’ prior written notice to Contractor.

 

5.2          Termination by Contractor.  Contractor may terminate this Agreement at
any time upon fifteen (15) days’ prior written notice to Client.

 

5.3          Noninterference with Business.  During and for a period of two (2) years
immediately following termination of this Agreement by either party, Contractor
agrees not to solicit or induce any employee or independent contractor to
terminate or breach an employment, contractual or other relationship with
Client.

 

5.4          Return of Client Property.  Upon termination of the Agreement or earlier
as requested by Client, Contractor will deliver to Client any and all drawings,
notes, memoranda, specifications, devices, formulas, and documents, together
with all copies thereof, and any other material containing or disclosing any
Client Work Product, Third Party Information or Proprietary Information of
Client.  Contractor further agrees that
any property situated on Client’s premises and owned by Client, including disks
and other storage media, filing cabinets or other work areas, is subject to
inspection by Client personnel at any time with or without notice.

 

6.                                      GOVERNMENT
OR THIRD PARTY CONTRACTS.

 

6.1          Government Contracts.  In the event that Contractor shall perform
services under this Agreement in connection with any Government contract in
which Client may be the prime contractor or subcontractor, Contractor agrees to
abide by all laws, rules and regulations relating thereto.  To the extent that any such law, rule or
regulation requires that a provision or clause be included in this Agreement,
Contractor agrees that such provision or clause shall be added to this
Agreement and the same shall then become a part of this Agreement.

 

6.2          Security.  In the event the services of the Contractor
should require Contractor to have access to Department of Defense classified
material, or other classified material in the possession of Client’s facility,
such material shall not be removed from Client’s facility.  Contractor agrees that all work performed
under this Agreement by Contractor which involves the use of classified
material mentioned above shall be performed in a secure fashion
(consistent with applicable law and regulations for the handling of classified
material) and only at Client’s facility.

 

6.3          Ownership.  Contractor also agrees to assign all of its
right, title and interest in and to any Work Product to a Third Party,
including without limitation the United States, as directed by Client.

 

7.             GENERAL PROVISIONS.

 

7.1          Governing Law.  This Agreement will be governed and construed
in accordance with the laws of the Commonwealth of Massachusetts as applied to
transactions taking place wholly within Commonwealth of Massachusetts.

 

7.2          Severability.  In case any one or more of the provisions
contained in this Agreement shall, for any reason, be held to be invalid,
illegal or unenforceable in any respect, such invalidity, illegality or
unenforceability shall not affect the other provisions of this Agreement, and
this Agreement shall be construed as if such invalid, illegal or unenforceable
provision had never been contained herein. 
If moreover, any one or more of the provisions contained in this
Agreement shall for any reason be held to be excessively broad as to duration,
geographical scope, activity or subject, it shall be construed by limiting and
reducing it, so as to be enforceable to the extent compatible with the
applicable law as it shall then appear.

 

7.3          No Assignment.  This Agreement may not be assigned by
Contractor without Client’s consent, and any such attempted assignment shall be
void and of no effect.

 

7.4          Notices.  All notices, requests and other
communications under this Agreement must be in writing, and must be mailed by
registered or certified mail, postage prepaid and return receipt requested, or
delivered by hand to the party to whom such notice is required or permitted to
be given.  If mailed, any such notice
will be considered to have been given five (5) business days after it was
mailed, as evidenced by the postmark.  If
delivered by hand, any such notice will be 

 

3

 

considered to have been
given when received by the party to whom notice is given, as evidenced by
written and dated receipt of the receiving party.  The mailing address for notice to either
party will be the address shown on the signature page of this
Agreement.  Either party may change its
mailing address by notice as provided by this section.

 

7.5          Legal Fees.  If any dispute arises between the parties
with respect to the matters covered by this Agreement which leads to a
proceeding to resolve such dispute, the prevailing party in such proceeding
shall be entitled to receive its reasonable attorneys’ fees, expert witness
fees and out-of-pocket costs incurred in connection with such proceeding, in
addition to any other relief it may be awarded.

 

7.6          Injunctive Relief.  A breach of any of the promises or agreements
contained in this Agreement may result in irreparable and continuing damage to
Client for which there may be no adequate remedy at law, and Client is
therefore entitled to seek injunctive relief as well as such other and further
relief as may be appropriate.

 

7.7          Survival.  The following provisions  shall survive termination of this Agreement: Section 4,
Section 5, Section 6 and Section 7.3.

 

7.8          Export.  Contractor agrees not to export, directly or
indirectly, any U.S. source technical data acquired from Client or any products
utilizing such data to countries outside the United States, which export may be
in violation of the United States export laws or regulations.

 

7.9          Waiver.  No waiver by Client of any breach of this
Agreement shall be a waiver of any preceding or succeeding breach.  No waiver by Client of any right under this
Agreement shall be construed as a waiver of any other right.  Client shall not be required to give notice
to enforce strict adherence to all terms of this Agreement.

 

9.10        Entire Agreement.  This
Agreement is the final, complete and exclusive agreement of the parties with
respect to the subject matter hereof and supersedes and merges all prior
discussions between us.  No modification
of or amendment to this Agreement, nor any waiver of any rights under this
Agreement, will be effective unless in writing and signed by the party to be
charged.  The terms of this Agreement
will govern all Project Assignments and services undertaken by Contractor for
Client.  In the event of any conflict
between this Agreement and a Project Assignment, the Project Assignment shall
control, but only with respect to the services set forth herein.

 

4

 

IN WITNESS WHEREOF, the parties have caused this Independent
Contractor Services Agreement to be executed by their duly authorized
representative.

 

	
  CALIPER LIFE SCIENCES, INC.:

  	
  CONTRACTOR:

  
	
   

  
	
  /s/ Paula J. Cassidy

  	
   

  	
  /s/ Thomas C. Higgins

  
			

 

5

 

EXHIBIT
A

 

PROJECT ASSIGNMENT

 

	
  Services
  to be Provided

  	
   

  	
  Completion
  Date

  
	
  Consulting
  services as requested by Kevin Hrusovsky or his designee.

  	
   

  	
  October 4,
  2008

  

 

A.            Fees
for services under this Agreement will be:

 

Contractor
shall provide consulting services as requested by Client at a rate per hour of
$200.

 

B.            Expenses:

 

Contractor
will be reimbursed for any reasonable expenses incurred in connection with the
performance of services under this Agreement provided Contractor submits
verification of such expenses as Client may require.

 

C.            Termination:

 

If
this Project Assignment or the Independent Contractor Services Agreement which
governs it is terminated for any reason, fees will be paid based on contractor
time spent

 

D.            Term of
Agreement:

 

The term of this Agreement begins on the Effective Date, and ends on October 4, 2008.

 

C-1

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