Document:

EX-10.2

 Exhibit 10.2 
  

 

                      Driven by science.
Focused on life. 
 August 3, 2015 
 DELIVERED VIA
EMAIL 
 Jennifer J. Rhodes 
 c/o Medivation, Inc. 

525 Market Street, 3600 
 San Francisco, California 94105 

 

	Re:	Separation Agreement 

 Dear Jennifer: 

This letter sets forth the terms of the separation agreement (the “Agreement”) between you and Medivation, Inc. (the “Company”)
regarding your employment transition. 
 1. Separation Date; Final Pay. As discussed, your last day of employment and your
employment termination date will be August 31, 2015 (the “Separation Date”). On the Separation Date or within the timing required by law, the Company shall pay you all accrued salary earned by you through the Separation Date,
less standard payroll deductions and withholdings. You are entitled to this payment by law and will receive it regardless of whether or not you sign this Agreement. As you know, due to your level in the Company, you did not accrue vacation or other
Paid Time Off (“PTO”) and instead were permitted to take time off, with pay, within your discretion; thus, no payment for accrued or unused vacation or PTO is owed or will be provided. 

2. Severance Benefits. If: (i) you sign, date and return this Agreement to the Company, and you do not subsequently revoke it;
(ii) you comply with all of your obligations to the Company as set forth herein; and (iii) on or within 21 days after the Separation Date, you sign, return, and do not revoke the Separation Date Release set forth as Exhibit A hereto
(the “Separation Date Release”); then the Company will provide you with the following severance benefits (the “Severance Benefits”): 

(a) Severance Payment. Subject to standard payroll deductions and withholdings, the Company will pay you a single lump sum severance
amount equal to the sum of: (i) twelve (12) months of your Base Salary; and (ii) $150,750.00 (which is equal to a pro-rata share of your 2015 target bonus), (collectively, the “Severance Amount”). Such lump sum
payment shall be made in the first payroll cycle following the Effective Date of the Separation Date Release (as set forth therein). 

(b) Health Insurance. To the extent provided by the federal COBRA law or, if applicable, state insurance laws (collectively,
“COBRA”), and by the Company’s current group health insurance policies, you will be eligible to continue your group health insurance benefits after the Separation Date. Later, you may be able to convert to an individual policy

 525 Market Street, 36th Floor San Francisco, CA 94105 (415) 543-3470 Fax (415) 543-3411 www.medivation.com 

  
 1 

 through the provider of the Company’s health insurance, if you wish. You will be provided with a separate
notice describing your rights and obligations under COBRA laws on or after the Separation Date. As an additional Severance Benefit, if you timely elect continued group health insurance coverage under COBRA, the Company will reimburse your COBRA
premium payments sufficient to continue your group coverage at its current level including costs of dependent coverage, if applicable, through the earlier of either of the following provided that you remain eligible for COBRA coverage (such
applicable time period, the “COBRA Payment Period”): (i) August 31, 2016; or (ii) the date that you become eligible for group health insurance coverage through a new employer. You must promptly notify Maya Thaw in
writing if you become eligible for group health insurance coverage through a new employer prior to August 31, 2016. Notwithstanding the foregoing, if the Company determines, in its sole discretion, that it cannot pay the COBRA payments without
a substantial risk of violating applicable law (including, without limitation, Section 2716 of the Public Health Service Act), the Company instead shall provide you with taxable monthly payments in an amount equal to the premium amount for the
first month of your COBRA coverage, and such monthly installments shall be made through the remainder of the COBRA Payment Period. 
 (c)
Career Outplacement Assistance: The Company shall provide you outplacement assistance benefits, as determined to be available by the Company. You may begin utilizing such benefits upon execution of this Agreement. 

(d) Earlier Termination of Severance Benefits. As a condition of your receipt of the Severance Benefits, you must continue to comply
with your continuing obligations to the Company, including but not limited to your full continued compliance with this Agreement. For example, in the event of any material breach of this Agreement, the Company’s obligation to provide the
Severance Benefits immediately shall terminate and you will receive no further Severance Benefits. 
 (e) Section 409A Compliance.
It is intended that the Severance Payments be exempt from Section 409A of the Internal Revenue Code under Treasury Regulations Sections 1.409A-1(b)(4) and 1.409A-1 (b)(9)(iii) and will be implemented and construed in accordance therewith to
the greatest extent permitted under applicable law. 
 3. Consulting Period. You and the Company have agreed that the Company will
retain you as a consultant under the terms specified below. The consulting relationship commences on the Separation Date and continues through December 31, 2015 (the “Consulting Period”). Your agreement to provide consulting
services is in consideration of the benefits to be provided to you under this Agreement. There is no separate compensation specifically attributable to your consulting services. 

(a) Consulting Services. During the Consulting Period, you will use your best efforts to provide consulting services, as may be
requested by the Company, in the areas of your experience and expertise, including but not limited to your expertise in legal and compliance matters (the “Consulting Services”). You will report to the Company’s General Counsel.
You agree to exercise the highest degree of professionalism and utilize your expertise and creative talents in performing these services. You have agreed to make yourself available to provide the Consulting Services for up to 40, 30, 20 and 10
hours, respectively, during the months of September, October, November and December. During the Consulting Period, you shall abide by the Company’s applicable policies and procedures. 

 (b) Equity Awards. Since your service as an employee and a consultant will be continuous,
your termination of employment will not constitute a termination of service for purposes of the Company’s Amended and Restated 2004 Equity Incentive Award Plan (the “Plan”). Thus, vesting of your outstanding stock options and
other equity awards (including but not limited to Restricted Stock Unit awards) (the “Equity Awards”) will not cease as of the Separation Date and will continue for the duration of the Consulting Period. Your Equity Awards shall
continue to be governed by the Plan and all applicable grant notices and agreements. 
 (c) Independent Contractor Relationship.
During the Consulting Period, your relationship with the Company will be that of an independent contractor, and nothing in this Agreement is intended to, or should be construed to, create a partnership, agency, joint venture or employment
relationship after the Separation Date. Except as expressly provided in this Agreement, you will not be entitled to, and will not receive, any benefits which the Company may make available to its employees, including but not limited to, group health
or life insurance, profit-sharing or retirement benefits. 
 (d) Limitations on Authority. During the Consulting Period, you will have
no responsibilities or authority as a consultant to the Company other than as provided above. You will have no authority to bind the Company to any contractual obligations, whether written, oral or implied, except with the prior written
authorization of an officer of the Company. You agree not to represent or purport to represent the Company in any manner whatsoever to any third party unless authorized in advance by the Company, in writing, to do so. 

(e) Proprietary Information and Inventions. You agree that, during the Consulting Period and thereafter, you will not use or disclose,
in any manner that is not authorized by the Company or essential to your performance of specifically requested Consulting Services, any confidential or proprietary information or materials of the Company that you obtain or develop in the course of
performing the Consulting Services. Any and all work product you create in the course of performing the Consulting Services will be the sole and exclusive property of the Company. As set forth in your Proprietary Information and Inventions Agreement
with the Company, and subject to the limitations set forth herein, you hereby assign to the Company all right, title, and interest in all inventions, techniques, processes, materials, and other intellectual property developed in the course of
performing the Consulting Services. You further acknowledge and reaffirm your continuing obligations, both during the Consulting Period and thereafter (as applicable), under the Proprietary Information and Inventions Agreement entered into between
you and the Company, a copy of which is attached hereto as Exhibit A and incorporated herein by reference. 
 (f) Other Work Activities.
Throughout the Consulting Period, you shall have the right to engage in employment, consulting, or other work relationships in addition to your work for the Company. The Company will make arrangements to enable you to perform your work for the
Company at such times and in such a manner so that it will not unreasonably interfere with other activities in which you may engage. In order to protect the trade secrets and 

 confidential and proprietary information of the Company, you agree that, during the Consulting Period, you will
notify the Company, in writing, before you obtain employment with, or perform competitive work for, any business entity that is competitive with the Company, or engage in any other work activity, or preparation for work activity, competitive with
the Company. 
 (g) Termination of Consulting Period. Without waiving any other rights or remedies, the Company may immediately
terminate the Consulting Period at any time, for any reason, upon written notice to you. In the event the Consulting Period terminates prior to December 31, 2015 for any reason, then the vesting of your Equity Awards shall be determined as if
you continued to provide Consulting Services through December 31, 2015. 
 4. No Other Compensation or Benefits. You acknowledge
that, except as expressly provided in this Agreement, you have not earned and will not receive from the Company any additional compensation, severance, or benefits on or after the Separation Date, with the exception of any vested benefits you may
have under the express terms of a written ERISA-qualified benefit plan (e.g., 401(k) account). By way of example, you acknowledge that except as provided herein, you have not earned and are not owed any bonus or incentive compensation for
2015 (or any other time period), sales commissions or equity. You acknowledge and agree that this is an individual agreement with the Company for Severance Benefits and therefore you shall not receive any benefits pursuant to Section 5 of the
Medivation, Inc. 2015 Employee Severance Plan. 
 5. Expense Reimbursement. You agree that, within thirty (30) 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 such
expenses pursuant to its regular business practice and policies. 
 6. Return of Company Property. You agree to return to the Company,
within five (5) business days after the Separation Date, all Company documents (and all copies thereof) and other property of the Company in your possession or control, including, but not limited to, Company files, notes, correspondence,
memoranda, notebooks, drawings, records, reports, lists, compilations of data, proposals, agreements, drafts, minutes, studies, plans, forecasts, purchase orders, financial and operational information, product and training information, research and
development information, clinical trial information, sales and marketing information, personnel and compensation information, vendor information, promotional literature and instructions, product specifications and manufacturing information,
computer-recorded information, electronic information (including e-mail and correspondence), other tangible property and equipment (including, but not limited to, computer equipment, PDAs, facsimile machines, and cellular telephones), 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 that you will make a diligent
search to locate any such documents, property and information within this timing. In addition, if you have used any personally owned computer, server, e-mail system, mobile phone, or portable electronic device (e.g., BlackBerry),
(collectively, “Personal Systems”) to receive, store, prepare or transmit any Company confidential or proprietary data, materials or information, then 

 within five (5) business days after the Separation Date, you will provide the Company with a
computer-useable copy of all such information and then permanently delete and expunge all such Company confidential or proprietary information from such Personal Systems without retaining any copy or reproduction in any form. You agree to provide
the Company access to your Personal Systems, as requested, for the purpose of verifying that the required copying and/or deletion is completed. Your timely compliance with the provisions of this Section 6 is a condition of your receipt of
the Severance Benefits hereunder. 
 7. Proprietary Information Obligations. You hereby acknowledge your continuing obligations
with respect to protection of the Company’s confidential and proprietary information pursuant to your confidentiality agreement with the Company. 

8. Nondisparagement. You agree not to disparage or subvert, verbally or in writing, the Company, its collaboration partners, and its and
their current and former officers, directors, employees, shareholders and agents, in any manner likely to be harmful to them or their business, business reputations or personal reputations, and the Company agrees to direct its officers and directors
not to disparage you in any manner likely to be harmful to your business, business reputation or personal reputation; provided, however, that both you and the Company must respond accurately and truthfully to any question, inquiry or request for
information when required by legal process (e.g., a valid subpoena or other similar compulsion of law) or as part of a government investigation. 

9. No Voluntary Adverse Action; and Cooperation. You agree that you will not voluntarily provide assistance, information or advice,
directly or indirectly (including through agents or attorneys), to any person or entity in connection with any proposed or pending litigation, arbitration, administrative claim, cause of action, or other formal proceeding of any kind brought against
the Company, its parent or subsidiary entities, affiliates, officers, directors, employees or agents, nor shall you induce or encourage any person or entity to bring any such claims; provided, however, that you must respond accurately and truthfully
to any question, inquiry or request for information when required by legal process (e.g., a valid subpoena or other similar compulsion of law) or as part of a government investigation. In addition, you agree to cooperate fully with the Company in
connection with its actual or contemplated defense, prosecution, or investigation of any claims or demands by or against third parties, or other matters arising from events, acts, or failures to act that occurred during the period of your employment
by the Company. Such cooperation includes, without limitation, making yourself available to the Company upon reasonable notice, without subpoena, to provide complete, truthful and accurate information in witness interviews, depositions, and trial
testimony. Subject to the terms of the indemnity agreement between you and the Company, the Company generally will reimburse you for reasonable out-of-pocket expenses you incur in connection with any such cooperation (excluding forgone wages,
salary, or other compensation) and will make reasonable efforts to accommodate your scheduling needs. In addition, you agree to execute all documents (if any) necessary to carry out the terms of this Agreement. 

10. Nonsolicitation of Employees, Contractors or Consultants. You agree, for one (1) year after the Separation Date, not to
solicit, induce, or attempt to solicit or induce, any employees, independent contractors or consultants of the Company to reduce or terminate his, her or its employment or other relationship with the Company. 

 11. No Admissions. Nothing contained in this Agreement shall be construed as an admission
by you or the Company of any liability, obligation, wrongdoing or violation of law. 
 12. Release of Claims. 

(a) General Release. In exchange for the Severance Benefits under this Agreement, and except as otherwise set forth in this Agreement,
you hereby generally and completely release the Company, its parent and subsidiary entities, and its and their current and former directors, officers, employees, shareholders, partners, agents, attorneys, predecessors, successors, insurers,
affiliates, and assigns (collectively, the “Released Parties”) of and 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 or on the date you sign this Agreement (collectively, the “Released Claims”). 
 (b) Scope of Release.
The Released Claims include, but are not limited to: (i) all claims arising out of or in any way related to your employment with the Company, or the termination of that employment; (ii) 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; (iii) all claims for breach of contract,
wrongful termination, and breach of the implied covenant of good faith and fair dealing; (iv) all tort claims, including claims for fraud, defamation, emotional distress, and discharge in violation of public policy; and (v) 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) (the “ADEA”), the federal Family and Medical Leave Act (as amended) (“FMLA”), the California Family Rights Act (as amended), the California
Labor Code (as amended), and the California Fair Employment and Housing Act (as amended). 
 (c) Excluded Claims. Notwithstanding the
foregoing, the following are not included in the Released Claims (the “Excluded Claims”): (i)) any rights or claims for indemnification you may have pursuant your indemnification agreement with the Company; the charter, bylaws, or
operating agreements of the Company; or under applicable law; (ii) any rights or claims which are not waivable as a matter of law; and (iii) any claims for breach of this Agreement. In addition, nothing in this Agreement prevents you from
filing, cooperating with, or participating in any proceeding before the Equal Employment Opportunity Commission, the Department of Labor, the California Department of Fair Employment and Housing, or any other government agency, except that you
acknowledge and agree that you are hereby waiving your right to any monetary benefits in connection with any such claim, charge or proceeding. You hereby represent and warrant that, other than the Excluded Claims, you are not aware of any claims you
have or might have against any of the Released Parties that are not included in the Released Claims. 
 (d) ADEA Waiver. You
acknowledge that you are knowingly and voluntarily waiving and releasing any rights you have under the ADEA, and that the consideration given for the waiver and release you have given in this Agreement is in addition to anything of value to which
you were already entitled. You further acknowledge that you have 

 been advised, as required by the ADEA, that: (i) your waiver and release does not apply to any rights or
claims that arise after the date you sign this Agreement; (ii) you should consult with an attorney prior to signing this Agreement (although you may choose voluntarily not to do so); (iii) you have twenty-one (21) days to consider this
Agreement (although you may choose voluntarily to sign it sooner); (iv) you have seven (7) days following the date you sign this Agreement to revoke this Agreement (in a written revocation delivered to me); and (v) this Agreement will
not be effective until the date upon which the revocation period has expired, which will be the eighth day after you sign this Agreement provided that you do not revoke it (the “Effective Date”). 

(e) Section 1542 Waiver. In giving the releases set forth in this Agreement, which include claims which may be unknown to you at
present, you acknowledge that you have read and understand Section 1542 of the California Civil Code which reads as follows: “A general release does not extend to claims which the creditor does not know or suspect to exist in his or her
favor at the time of executing the release, which if known by him or her must have materially affected his or her settlement with the debtor.” You hereby expressly waive and relinquish all rights and benefits under that section and any law
or legal principle of similar effect 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. 

13. Job Reference Inquiries. The Company agrees to respond to job reference inquiries consistent with its standard practice by providing
your job title, dates of employment, and salary amount (if you authorize disclosure of your salary amount in advance). You agree to direct prospective employers to the Company’s Human Resources department for such references. 

14. Representations. You hereby represent and warrant that (a) you have been paid all compensation owed and for all time worked,
(b) you have received all the leave and leave benefits and protections for which you are eligible pursuant to FMLA, any applicable law or Company policy, and (c) you have not suffered any on-the-job injury or illness for which you have not
already filed a workers’ compensation claim. 
 15. Arbitration. 

(a) Agreement to Arbitrate. To ensure the rapid and economical resolution of disputes that may arise under this Agreement, you and the
Company both agree that any and all disputes, claims, or causes of action, in law or equity, including but not limited to statutory claims, arising from or relating to the enforcement, breach, performance, or interpretation of this Agreement, your
employment with the Company, or the termination of your employment from the Company, will be resolved pursuant to the Federal Arbitration Act, 9 U.S.C. §1-16, and to the fullest extent permitted by law, by final, binding and confidential
arbitration conducted in San Francisco, California by JAMS, Inc. (“JAMS”) or its successors. Both you and the Company acknowledge that by agreeing to this arbitration procedure, you each waive the right to
resolve any such dispute through a trial by jury or judge or administrative proceeding. 

 (b) Governing Rules. 

(i) Any such arbitration proceeding will be governed by JAMS’ then applicable rules and procedures for employment disputes, which
can be found at www.jamsadr.com/rules-employment-arbitration/, and which will be provided to you upon request. 
 (ii) In any
such proceeding, the Arbitrator shall: (i) have the authority to compel adequate discovery for the resolution of the dispute and to award such relief as would otherwise be permitted by law; and (ii) issue a written arbitration decision
including the arbitrator’s essential findings and conclusions and a statement of the award. 
 (iii) You and the Company each
shall be entitled to all rights and remedies that either would be entitled to pursue in a court of law; provided, however, that in no event shall the Arbitrator be empowered to hear or determine any class or collective claim of any type. This
paragraph shall not apply to an action or claim brought pursuant to the California Private Attorneys General Act of 2004. 
 (iv)
Nothing in this Agreement is intended to prevent either the Company or Executive from obtaining injunctive relief in court to prevent irreparable harm pending the conclusion of any such arbitration pursuant to applicable law. 

(c) Arbitration Fees. The Company shall pay all filing fees in excess of those which would be required if the dispute were decided in a
court of law, and shall pay the arbitrator’s fees and any other fees or costs unique to arbitration. 
 16. Miscellaneous. This
Agreement constitutes the complete, final and exclusive embodiment of the entire agreement between you and the Company with regard to its 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 written agreement 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, and 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 shall be deemed modified so as to be rendered enforceable in a manner
consistent with the intent of the parties, insofar as possible under applicable law. Any ambiguity in this Agreement shall not be construed against either party as the drafter. Any waiver of a breach of this Agreement, or rights hereunder, shall be
in writing and shall not be deemed to be a waiver of any successive breach or rights hereunder. This Agreement shall be deemed to have been entered into, and shall be construed and enforced, in accordance with the laws of the State of California
without regard to conflicts of law principles. This Agreement may be executed in counterparts, each of which shall be deemed to be part of one original, and facsimile signatures shall be equivalent to original signatures. 

 If this Agreement is acceptable to you, please sign below on the Separation Date, and return it to me. If
you do not sign and return it to the Company within the aforementioned timeframe, the Company’s offer to enter into this Agreement and provide the Severance Benefits will expire. 

We wish you the best in your future endeavors. 
 Sincerely, 

MEDIVATION, INC. 
  

			
	By:	 	 /s/ Sandy Cooper

		 	 Sandy Cooper
 Senior Vice President,
Human Resources

 UNDERSTOOD AND AGREED: 

 

					
	 /s/ Jennifer J. Rhodes
	  		  	 8.3.15

	Jennifer J. Rhodes	  		  	DateEX-10.3

 Exhibit 10.3 
  

 

                      Driven by science.
Focused on life. 
 July 1, 2015 
 Mr. Thomas
Templeman 
 [address] 
 Dear Tom: 

It is my great pleasure to offer you the position of Sr. Vice President, Pharmaceutical Operations, reporting to me. We are very excited about the possibility
of you joining our team, and we look forward to the prospect of working with you in our innovative company! 
 As an employee of Medivation Services, Inc.,
(the Company) you will be eligible to participate in our benefits and compensation programs. Medivation Services, Inc. is a subsidiary of Medivation, Inc. The following outlines the terms of our offer: 

Your annualized base salary will be $400,000, payable on the 15th and last day of each month. 

We will also pay you a signing bonus of $50,000 within thirty days of your employment start date, provided that you begin employment with Medivation on or
before our mutually determined start date. If you voluntarily terminate your employment with us before the first anniversary of your employment start date, you agree to repay this signing bonus to Medivation on or before your termination date. 

Employees who join the Company between January 1 and September 30th will be eligible for a
prorated bonus for their first year of employment. Bonuses are generally paid in the first quarter, following year that the bonus was earned. As such, you will be eligible for the 2015 corporate bonus paid out in the first quarter of 2016. 

The target bonus opportunity for your position is 40% of your base salary. The actual payout can range from 0% to 200% of this target, based on individual and
company performance. The Board of Directors makes an assessment of company achievement against goals for purposes of annual bonus payouts annually, generally in the first quarter of the following year. 

We will recommend to Medivation’s Board of Directors or their designee that you be granted an option to purchase 22,720 shares of Medivation common stock
and 11,360 restricted stock units (RSU’s). Upon vesting, each RSU will entitle you to receive one share of Medivation common stock. 
 Your options
will have an exercise price equal to the fair market value of the shares, on the date the option is granted (as determined in accordance with Medivation’s Stock Option Grant Date Policy). The terms of your options will be governed in all
respects by the terms of our 2004 Equity Incentive Award Plan and the stock option agreements. Your options will vest over a four-year period – 25% at the end of the first year, then 1/48th
monthly thereafter over the ensuing three years. Your RSUs will vest over a three year period – one third on each of approximately the first, second and third anniversaries of the grant date. In the event there is a change of control of
Medivation, your options would fully vest and become exercisable, and your RSUs would fully vest, automatically upon the occurrence of that event. 
 525
Market Street, 36th Floor San Francisco, CA 94105 (415) 543-3470 Fax (415) 543-3411 www.medivation.com 

 The Board of Directors or their designee generally considers and approves new hire grants according to
Medivation, Inc. policy. Your options and RSUs will be submitted for Board approval following your date of employment. A stock option agreement will be provided to you, after the Board of Directors has approved your grant. In addition, you may be
eligible for future annual equity grants under the Plan based on the level of your position and your performance. Annual grants are typically made in the first quarter, of the year following a performance evaluation. Employees must be on board by
September 30th, in order to be eligible for an annual grant. 
 Upon your decision to relocate to
the San Francisco Bay Area, you will be eligible for the Medivation Relocation Program. Relocation benefits under this Plan are tailored to meet the needs of the relocating employee, within the guidelines of our Policy. The attached document
outlines the benefits that will be provided to you. All payments are grossed up for state and Federal taxes. If you voluntarily terminate your employment with us before the second anniversary of your employment start date, you agree to repay the
relocation costs to Medivation on or before your termination date. You are required to use the relocation package, within one year of your start date. 
 In
addition, to assist you in your relocation to the Bay Area, the company will provide you with a relocation allowance of $15,000, net; meaning this amount will be grossed up for State and Federal taxes. 

As an employee of the Company you will be eligible to enroll in our comprehensive benefits program that includes health, dental, vision, basic life and basic
personal accident insurance. Details will be provided during the new hire orientation. 
 Subject to timely completion of your job responsibilities, Paid
Time Off (“PTO”) may be utilized at your discretion, with supervisory approval. 
 The Company offers a 401(k) plan with an employer
match that provides you with the opportunity for pre- or post-tax, long-term savings. You may contribute up to the federal maximum, which is currently $18,000. 

In addition, the Company offers an Employee Stock Purchase Plan (ESPP) – ESPP is a voluntary benefit that allows eligible employees to purchase shares of
Medivation common stock at a discount through after tax payroll deductions. Eligible employees must enroll during the designated enrollment period. Additional information including a Prospectus and online enrollment instructions will be provided
after your date of employment. 
 More detailed information regarding the Company’s benefits will be provided to you upon commencement of your
employment. All Medivation Services, Inc., benefits are re-evaluated on an annual basis and are subject to change. 

 As a result of the 1986 Immigration Reform and Control Act, we are required to verify the identity and work
authorization of all new employees. You will therefore be required to sign the Employment Eligibility Verification (Form 1-9). We will need to examine original documents that satisfy these verification requirements, within 24 hours of your
employment start date. This offer of employment is contingent upon your providing the necessary documentation within that period. 
 You will abide by the
Company’s strict policy that prohibits any new employee from using or bringing with him/her all prior employers’ proprietary information, trade secrets, proprietary materials, and/or processes. Upon starting employment with Medivation
Services, Inc., you will be required to sign an Employee Confidentiality and Invention Assignment Agreement indicating, among other things, your agreement with this policy. 

Employees are expected to devote all professional work time to the Company. If you would like to request an exception for special circumstances, you will need
to obtain written permission from your manager. 
 By signing below you are indicating your understanding that should you accept a position at Medivation
Services, Inc., the employment relationship is based on the mutual consent of the employee and the Company. Accordingly, either you or the Company can terminate the employment relationship at will, at any time, with or without cause or advance
notice. 
 This offer of employment is effective for 3 business days from the date of this letter and is contingent upon satisfactory completion of a
background check. If all of the foregoing is satisfactory, please sign, date, and return the letter, within 3 business days. Please label the envelope attention Human Resources and mail it to Medivation, 525 Market Street 36th Floor, San Francisco, CA 94105. If you prefer, you may scan and email your signed offer letter to your recruiter, vera.switek@medivation.com. 

Tom, we are all enthusiastic about welcoming you to the Company and look forward to you joining our team. 

Sincerely, 
  

	
	/s/ David Hung
	David Hung

 President and Chief Executive Officer 

I accept employment with the Company on the foregoing terms. 
  

/s/ Thomas
Templeman                                        
 
 Thomas Templeman 
  

					
	 July 3, 2015
	  	 September 29, 2015
	  	
	Date Signed	  	Anticipated Start Date	  	

			
	

	  	Relocation Benefits Package
		
		  	 Employee name: Tom Templeman

[phone number]

 Upon acceptance of our employment offer, we will contact our relocation provider, The Move Management Center (MMC), to
initiate your personal relocation benefit package to assist you with your move from Cary, NC to the San Francisco Bay Area. Your MMC relocation counselor will be your central point of contact coordinating services available to you, throughout the
relocation process. 
 Your MMC counselor will work with professional service providers to coordinate each aspect of your move. Your MMC counselor will
follow up with you to initiate your relocation and review the program after your acceptance of the Employment Offer. 
 The following is a summary of your
relocation benefits: 
  

			
	 Benefit
	  	 Provision

		
	Home Search Assistance & House Hunting Trip	  	Employee counseling; area information; area home finding tours in San Francisco Bay Area. Coach airfare, lodging (not to exceed $400 per day), and meals (dinner up to $75 daily; breakfast/lunch up to $35 daily) for employee +
partner for 1 trip, for a maximum of 5 days.
		
	Interim Housing	  	Up to 5 months, not to exceed $7500, per month. MMC is available to assist with securing interim housing.
		
	Shipment of Household Goods	  	Move Survey conducted to determine shipping needs. Household goods moving cost paid by Medivation.
		
	Storage of Household Goods	  	Destination storage for up to 5 months.
		
	Auto Transport	  	Shipment of up 2 cars, included for moves over 500 miles, via professional car carrier or with household goods shipment.
		
	 Relocation
 Miscellaneous Expense
Allowance
	  	$15,000 to be grossed-up and used at employee’s discretion for move-related costs i.e., additional temp. housing, security deposit, and/or utilities.
		
	Final Move Expenses	  	One way travel for employee + partner/family to San Francisco, including meals and lodging (per guideline above).
		
	Lease Break Penalty	  	Medivation will reimburse up to 1 month of rent, if you incur a lease break penalty.
		
	Tax Information Gross-up Methodology	  	Taxable relocation expenses are grossed up.
		
	Time Frame	  	Relocation must be completed, with-in 1 year of hire date.

  

			
	

	  	Hiring manager/HR approval

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