Document:

PKY-2015-01.27-8K-EXHIBIT 10.1 REVOLVING COMMITMENT

EXHIBIT 10.1

AGREEMENT REGARDING REVOLVING COMMITMENT INCREASES

THIS AGREEMENT REGARDING revolving commitment increases (this “Agreement”) dated as of January 27, 2015 (the “Agreement”), is executed by each of the existing Revolving Lenders under (and as defined in) the Credit Agreement (as defined below) a signatory hereto (the “Increasing Lenders”), WELLS FARGO BANK, NATIONAL ASSOCIATION, as Administrative Agent (the “Administrative Agent”), PARKWAY PROPERTIES LP, a limited partnership formed under the laws of the State of Delaware (the “Borrower”), and PARKWAY PROPERTIES, INC., a corporation incorporated under the laws of the State of Maryland (the “Parent”).

WHEREAS, the Borrower, the Parent, the financial institutions from time to time party thereto as “Lenders”, the Administrative Agent, and the other parties thereto, have entered into that certain Amended, Restated and Consolidated Credit Agreement dated as of April 1, 2014 (as amended, restated, supplemented or otherwise modified from time to time, the “Credit Agreement”); 

WHEREAS, pursuant to Section 2.16 of the Credit Agreement, the Borrower has requested that the aggregate amount of the Revolving Commitments (as defined in the Credit Agreement) be increased; and 

WHEREAS, each Increasing Lender is willing to increase the amount of such Increasing Lender’s Revolving Commitment on the terms set forth herein; and 

NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which hereby are acknowledged by the parties hereto, the parties hereto hereby agree as follows:

Section 1.  Revolving Commitment Increases.  Upon the effectiveness of this Agreement (a) the Borrower, the Parent and each Increasing Lender acknowledge and agree that the amount of such Increasing Lender’s Revolving Commitment shall be increased to the amount set forth for such Increasing Lender on Schedule I as such Lender’s “Revolving Commitment Amount”.

Section 2.  Conditions Precedent.  The effectiveness of this Agreement, including without limitation, the increases of the Revolving Commitments under the immediately preceding Section 1, is subject to receipt by the Administrative Agent of each of the following, each in form and substance satisfactory to the Administrative Agent:

(a)    a counterpart of this Agreement duly executed by the Borrower, the Parent, the Administrative Agent, and each of the Increasing Lenders;

(b)    Revolving Notes executed by the Borrower, payable to each Increasing Lender requesting a Revolving Note in the amount of such Increasing Lender’s Revolving Commitment, as applicable, set forth on Schedule I hereto;

(c)    an Acknowledgement substantially in the form of Exhibit A attached hereto, executed by each Guarantor;

(d)    evidence that all fees, expenses and reimbursement amounts due and payable to the Administrative Agent and the Increasing Lenders have been paid; and

(e)    such other documents, instruments and agreements as the Administrative Agent may reasonably request.

Section 3.  Representations of Parent and Borrower .  Each of the Parent and the Borrower represents and warrants that (x) no Default or Event of Default shall be in existence immediately after giving effect to the increases in the Revolving Commitments effected hereby and (y) the representations and warranties made or deemed made by the Parent, the Borrower or any other Loan Party in any Loan Document to which such Loan Party is a party shall be true and correct in all material respects (except in the case of a representation or warranty qualified by materiality, in which case such representation or warranty shall be true and correct in all respects) immediately after giving effect to the increases in the Revolving Commitments effected hereby except to the extent that such representations and warranties expressly relate solely to an earlier date (in which case such representations and warranties shall have been true and correct in all material respects (except in the case of a representation or warranty qualified by materiality, in which case such representation or warranty shall have been true and correct in all respects) on and as of such earlier date) and except for changes in factual circumstances specifically and expressly permitted under the Credit Agreement.

Section 6.  Governing Law.  THIS AGREEMENT SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF NEW YORK APPLICABLE TO CONTRACTS EXECUTED, AND TO BE FULLY PERFORMED, IN SUCH STATE.

Section 7.  Counterparts.  This Agreement may be executed in any number of counterparts each of which, when taken together, shall constitute one and the same agreement.

Section 8.  Headings.  Section headings have been inserted herein for convenience only and shall not be construed to be a part hereof.

Section 9.  Amendments; Waivers.  This Agreement may not be amended, changed, waived or modified except by a writing executed by each of the Increasing Lenders, the Administrative Agent, the Parent and the Borrower.

Section 10.  Expenses.  The Borrower shall reimburse the Administrative Agent upon demand for all costs and expenses (including attorneys’ fees) incurred by the Administrative Agent in connection with the preparation, negotiation and execution of this Agreement and the other agreements and documents executed and delivered in connection herewith.

Section 11.  Benefits.  This Amendment shall be binding upon and shall inure to the benefit of the parties hereto and their respective successors and assigns.

Section 12.  Definitions.  Terms not otherwise defined herein are used herein with the respective meanings given them in the Credit Agreement.

[Signatures on Next Page]

- 2 -

IN WITNESS WHEREOF, the parties hereto have caused this Agreement Regarding Revolving Commitment Increases to be executed as of the date first above written.

WELLS FARGO BANK, NATIONAL ASSOCIATION, as Administrative Agent and as a Revolving Lender

		
	By:
	/s/ Andrew W. Hussion        

     Name:  Andrew W. Hussion
     Title:  Director

[Signatures Continued on Next Page]

[Signature Page to Agreement Regarding Commitment Increases for Parkway Properties LP]

PNC BANK, NATIONAL ASSOCIATION, 
as a Revolving Lender

		
	By:
	/s/ Ken Carl            

     Name:  Ken Carl
     Title: Senior Vice President

[Signatures Continued on Next Page]

[Signature Page to Agreement Regarding Commitment Increases for Parkway Properties LP]

BANK OF AMERICA, N.A., 
as a Revolving Lender

		
	By:
	/s/ Michael W. Edwards        

     Name:  Michael W. Edwards
     Title: Senior Vice President

[Signatures Continued on Next Page]

[Signature Page to Agreement Regarding Commitment Increases for Parkway Properties LP]

U.S. BANK NATIONAL ASSOCIATION, 
as a Revolving Lender

		
	By:
	/s/ J. Lee Hord                

     Name:  J. Lee Hord
     Title:  Senior Vice President

[Signatures Continued on Next Page]

[Signature Page to Agreement Regarding Commitment Increases for Parkway Properties LP]

JPMORGAN CHASE BANK, N.A., 
as a Revolving Lender

		
	By:
	/s/ Rita Lai                

     Name:  Rita Lai
     Title: Authorized Signer 

[Signatures Continued on Next Page]

[Signature Page to Agreement Regarding Commitment Increases for Parkway Properties LP]

KEYBANK NATIONAL ASSOCIATION,
as a Revolving Lender

		
	By:
	/s/ Daniel R. Heberle        

     Name:  Daniel R. Heberle
     Title: Co-Head/National Executive

[Signatures Continued on Next Page]

[Signature Page to Agreement Regarding Commitment Increases for Parkway Properties LP]

ROYAL BANK OF CANADA,
as a Revolving Lender

		
	By:
	/s/ Brian Gross            

     Name:  Brian Gross
     Title:  Authorized Signatory

[Signatures Continued on Next Page]

[Signature Page to Agreement Regarding Commitment Increases for Parkway Properties LP]

BARCLAYS BANK PLC,
as a Revolving Lender

		
	By:
	/s/ Christine Aharonian                

     Name:  Christine Aharonian
     Title: Vice President

[Signatures Continued on Next Page]

[Signature Page to Agreement Regarding Commitment Increases for Parkway Properties LP]

MORGAN STANLEY BANK, N.A.,
as a Revolving Lender

		
	By:
	/s/ Michael King        

     Name:  Michael King
     Title: Authorized Signatory

[Signatures Continued on Next Page]

[Signature Page to Agreement Regarding Commitment Increases for Parkway Properties LP]

TD BANK, N.A.,
as a Revolving Lender

		
	By:
	/s/ Sean C. Dunne        

     Name:  Sean C. Dunne
     Title: Vice President

[Signatures Continued on Next Page]

[Signature Page to Agreement Regarding Commitment Increases for Parkway Properties LP]

RAYMOND JAMES BANK, N.A.,
as a Revolving Lender

		
	By:
	/s/ James M. Armstrong        

     Name:  James M. Armstrong
     Title: Senior Vice President

[Signatures Continued on Next Page]

[Signature Page to Agreement Regarding Commitment Increases for Parkway Properties LP]

TRUSTMARK NATIONAL BANK,
as a Revolving Lender

		
	By:
	/s/ Zack Nordan                

     Name:  Zack Nordan
     Title: Vice President

[Signatures Continued on Next Page]

[Signature Page to Agreement Regarding Commitment Increases for Parkway Properties LP]

Acknowledged and Accepted as of the
date first written above.

PARKWAY PROPERTIES LP

By:  Parkway Properties General Partners, Inc., its sole general partner
		
	By:
	  /s/ Jeremy R. Dorsett    

Name: Jeremy R. Dorsett
Title: Executive Vice President, General 
Counsel and Secretary

		
	By:
	  /s/ David R. O’Reilly    

Name: David R. O’Reilly
Title: Executive Vice President and
Chief Financial Officer

PARKWAY PROPERTIES, INC.

		
	By:
	  /s/ Jeremy R. Dorsett    

Name: Jeremy R. Dorsett
Title: Executive Vice President, General 
Counsel and Secretary

		
	By:
	  /s/ David R. O’Reilly    

Name: David R. O’Reilly
Title: Executive Vice President and
Chief Financial Officer

SCHEDULE I

Revolving Commitments

	
		
	Increasing Lenders
	Revolving Commitment 

	Wells Fargo Bank, National Association
	$58,500,000

	PNC Bank, National Association
	$58,500,000

	Bank of America, N.A.
	$51,000,000

	U.S. Bank National Association
	$42,500,000

	JPMorgan Chase Bank, N.A.
	$40,000,000

	KeyBank National Association
	$40,000,000

	Royal Bank of Canada
	$40,000,000

	Barclays Bank PLC
	$30,000,000

	Morgan Stanley Bank, N.A.
	$30,000,000

	TD Bank, N.A.
	$27,500,000

	Raymond James Bank, N.A.
	$15,000,000

	Trustmark National Bank
	$14,500,000

A-1

EXHIBIT A

FORM OF GUARANTOR ACKNOWLEDGEMENT

THIS GUARANTOR ACKNOWLEDGEMENT dated as of January __, 2015 (this “Acknowledgement”) executed by each of the undersigned (the “Guarantors”) in favor of Wells Fargo Bank, National Association, as Administrative Agent (the “Administrative Agent”) and each “Lender” a party to the Credit Agreement referred to below (the “Lenders”).

WHEREAS, Parkway Properties LP (the “Borrower”), Parkway Properties, Inc. (the “Parent”), the Lenders, the Administrative Agent and certain other parties have entered into that certain Amended Restated and Consolidated Credit Agreement dated as of April 1, 2014 (as amended, restated, supplemented or otherwise modified from time to time, the “Credit Agreement”);

WHEREAS, each of the Guarantors is a party to that certain Guaranty dated as of April 1, 2014 (as amended, restated, supplemented or otherwise modified from time to time, the “Guaranty”) pursuant to which they guarantied, among other things, the Borrower’s obligations under the Credit Agreement on the terms and conditions contained in the Guaranty;

WHEREAS, the Borrower, the Parent, the Administrative Agent and certain Revolving Lenders (as defined in the Credit Agreement) are to enter into an Agreement Regarding Revolving Commitment Increases dated as of the date hereof (the “Agreement”), to provide for increases in the amount of such Revolving Lenders’ respective Revolving Commitments (as defined in the Credit Agreement)  on the terms and conditions contained therein; and

WHEREAS, it is a condition precedent to the effectiveness of the Agreement that the Guarantors execute and deliver this Acknowledgement.

NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged by the parties hereto, the parties hereto agree as follows:

Section 1.  Reaffirmation.  Each Guarantor hereby reaffirms its continuing obligations to the Administrative Agent and the Lenders under the Guaranty and agrees that the transactions contemplated by the Amendment shall not in any way affect the validity and enforceability of the Guaranty, or reduce, impair or discharge the obligations of such Guarantor thereunder.

Section 2.  Governing Law.  THIS ACKNOWLEDGEMENT SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK APPLICABLE TO CONTRACTS EXECUTED, AND TO BE FULLY PERFORMED, IN SUCH STATE.

Section 3.  Counterparts.  This Acknowledgement may be executed in any number of counterparts, each of which shall be deemed to be an original and shall be binding upon all parties, their successors and assigns.

[Signatures on Next Page]

A-1

IN WITNESS WHEREOF, each Guarantor has duly executed and delivered this Guarantor Acknowledgement as of the date and year first written above.

THE GUARANTORS:

PARKWAY PROPERTIES, INC.

By: _______________________________    
     Name: __________________________    
     Title: ___________________________    

By: _______________________________    
     Name: __________________________    
     Title: ___________________________    

PARKWAY PROPERTIES GENERAL PARTNERS, INC.

By: _______________________________    
     Name: __________________________    
     Title: ___________________________    

By: _______________________________    
     Name: __________________________    
     Title: ___________________________    
    

PARKWAY JHLIC LP

		
	By:
	Parkway Properties General Partners, Inc., its sole general partner

By: _______________________________    
             Name: __________________________    
             Title: ___________________________    

By: _______________________________    
             Name: __________________________    
              Title: ___________________________    

[Signatures continued on next page]

[Signature Page to Guarantor Acknowledgement]

A-2

PARKWAY REALTY SERVICES, LLC

		
	By: 
	Parkway Properties LP, its sole member

		
	By:
	Parkway Properties General Partners, Inc., its sole general partner

By: _______________________________    
                 Name: __________________________    
                 Title: ___________________________    

By: _______________________________    
                 Name: __________________________    
                 Title: ___________________________    

PARKWAY LAMAR LLC

		
	By: 
	Parkway Properties LP, its sole member

		
	By:
	Parkway Properties General Partners, Inc., its sole general partner

By: _______________________________    
                 Name: __________________________    
                 Title: ___________________________    

By: _______________________________    
                 Name: __________________________    
                 Title: ___________________________    

[Signatures continued on next page]

[Signature Page to Guarantor Acknowledgement]

A-3

PARKWAY 214 N. TRYON, LLC

		
	By: 
	Parkway Properties LP, its sole member

		
	By:
	Parkway Properties General Partners, Inc., its sole general partner

By: ___________________________________    
                 Name: __________________________    
                 Title: ___________________________    

By: ___________________________________    
                 Name: __________________________    
                 Title: ___________________________    

PARKWAY 525 N. TRYON, LLC

		
	By: 
	Parkway Properties LP, its sole member

		
	By:
	Parkway Properties General Partners, Inc., its sole general partner

By: ___________________________________    
                 Name: __________________________    
                 Title: ___________________________    

By: ___________________________________    
                 Name: __________________________    
                 Title: ___________________________    

[Signatures continued on next page]

[Signature Page to Guarantor Acknowledgement]

A-4

PARKWAY TOWER PLACE 200, LLC

		
	By: 
	Parkway Properties LP, its sole member

		
	By:
	Parkway Properties General Partners, Inc., its sole general partner

By: ___________________________________    
                 Name: __________________________    
                 Title: ___________________________    

By: ___________________________________    
                 Name: __________________________    
                 Title: ___________________________    

PKY 222 S. MILL, LLC

		
	By: 
	Parkway Properties LP, its sole member

		
	By:
	Parkway Properties General Partners, Inc., its sole general partner

By: ___________________________________    
                 Name: __________________________    
                 Title: ___________________________    

By: ___________________________________    
                 Name: __________________________    
                 Title: ___________________________    

[Signatures continued on next page]

[Signature Page to Guarantor Acknowledgement]

A-5

PKY 400 NORTH BELT, LLC

		
	By: 
	Parkway Properties LP, its sole member

		
	By:
	Parkway Properties General Partners, Inc., its sole general partner

By: ___________________________________    
                 Name: __________________________    
                 Title: ___________________________    
    

By: ___________________________________    
                 Name: __________________________    
                 Title: ___________________________    
    

PKY 1300 RIVERPLACE, LLC

		
	By: 
	Parkway Properties LP, its sole member

		
	By:
	Parkway Properties General Partners, Inc., its sole general partner

By: ___________________________________    
                 Name: __________________________    
                 Title: ___________________________    

By: ___________________________________    
                 Name: __________________________    
                 Title: ___________________________    

[Signatures continued on next page] 

[Signature Page to Guarantor Acknowledgement]

A-6

PKY 1250 SAM HOUSTON, LLC

		
	By: 
	Parkway Properties LP, its sole member

		
	By:
	Parkway Properties General Partners, Inc., its sole general partner

By: ___________________________________    
                 Name: __________________________    
                 Title: ___________________________    

By: ___________________________________    
                 Name: __________________________    
                 Title: ___________________________    

PKY 1325 DAIRY ASHFORD, LLC

		
	By: 
	Parkway Properties LP, its sole member

		
	By:
	Parkway Properties General Partners, Inc., its sole general partner

By: ___________________________________    
                 Name: __________________________    
                 Title: ___________________________    

By: ___________________________________    
                 Name: __________________________    
                 Title: ___________________________    

[Signatures continued on next page]

[Signature Page to Guarantor Acknowledgement]

A-7

PKY 40867 LAKE FOREST, LLC

		
	By: 
	Parkway Properties LP, its sole member

		
	By:
	Parkway Properties General Partners, Inc., its sole general partner

By: ___________________________________    
                 Name: __________________________    
                 Title: ___________________________    
    

By: ___________________________________    
                 Name: __________________________    
                 Title: ___________________________    

PKY BRICKELL, LLC

		
	By: 
	Parkway Properties LP, its sole member

		
	By:
	Parkway Properties General Partners, Inc., its sole general partner

By: ___________________________________    
                 Name: __________________________    
                 Title: ___________________________    

By: ___________________________________    
                 Name: __________________________    
                 Title: ___________________________    
    

[Signatures continued on next page]

[Signature Page to Guarantor Acknowledgement]

A-8

PKY CARLTON, LLC

		
	By: 
	Parkway Properties LP, its sole member

		
	By:
	Parkway Properties General Partners, Inc., its sole general partner

By: ___________________________________    
                 Name: __________________________    
                 Title: ___________________________    
    

By: ___________________________________    
                 Name: __________________________    
                 Title: ___________________________    
    

PKY CYP4, LLC

		
	By: 
	Parkway Properties LP, its sole member

		
	By:
	Parkway Properties General Partners, Inc., its sole general partner

By: ___________________________________    
                 Name: __________________________    
                 Title: ___________________________    
    

By: ___________________________________    
                 Name: __________________________    
                 Title: ___________________________    

[Signatures continued on next page]

[Signature Page to Guarantor Acknowledgement]

A-9

PKY FUND II ORLANDO I, LLC

		
	By: 
	Parkway Properties LP, its sole member

		
	By:
	Parkway Properties General Partners, Inc., its sole general partner

By: ___________________________________    
                 Name: __________________________    
                 Title: ___________________________    

By: ___________________________________    
                 Name: __________________________    
                 Title: ___________________________    
    

PKY MILLENIA, LLC

		
	By: 
	Parkway Properties LP, its sole member

		
	By:
	Parkway Properties General Partners, Inc., its sole general partner

By: ___________________________________    
                 Name: __________________________    
                 Title: ___________________________    

By: ___________________________________    
                 Name: __________________________    
                 Title: ___________________________    

[Signatures continued on next page]

[Signature Page to Guarantor Acknowledgement]

A-10

PKY SQUAW PEAK, LLC

		
	By: 
	Parkway Properties LP, its sole member

		
	By:
	Parkway Properties General Partners, Inc., its sole general partner

By: ___________________________________    
                 Name: __________________________    
                 Title: ___________________________    

By: ___________________________________    
                 Name: __________________________    
                 Title: ___________________________    
    

PKY WOODBRANCH, LLC

		
	By: 
	Parkway Properties LP, its sole member

		
	By:
	Parkway Properties General Partners, Inc., its sole general partner

By: ___________________________________    
                 Name: __________________________    
                 Title: ___________________________    

By: ___________________________________    
                 Name: __________________________    
                 Title: ___________________________    

[Signatures continued on next page]

[Signature Page to Guarantor Acknowledgement]

A-11

PARKWAY 550 SOUTH CALDWELL, LLC

		
	By: 
	Parkway Properties LP, its sole member

		
	By:
	Parkway Properties General Partners, Inc., its sole general partner

By: ___________________________________    
                 Name: __________________________    
                 Title: ___________________________    
    

By: ___________________________________    
                 Name: __________________________    
                 Title: ___________________________    

PKY FUND II TAMPA I, LLC

		
	By: 
	Parkway Properties LP, its sole member

		
	By:
	Parkway Properties General Partners, Inc., its sole general partner

By: ___________________________________    
                 Name: __________________________    
                 Title: ___________________________    

By: ___________________________________    
                 Name: __________________________    
                 Title: ___________________________    
    

[Signatures continued on next page]

[Signature Page to Guarantor Acknowledgement]

A-12

EOLA CAPITAL LLC

		
	By: 
	Eola Office Partners LLC, its sole member

		
	By: 
	Parkway Properties LP, its sole member

		
	By:
	Parkway Properties General Partners, Inc., its sole general partner

By: ____________________________    
                  Name: __________________    
                   Title: ____________________    

By: ____________________________    
                  Name: __________________    
                   Title: ____________________    

Address for Notices:

c/o Parkway Properties, Inc.
390 North Orange Avenue, Suite 2400
Orlando, FL 32801 
Attention:  Chief Financial Officer
Telecopy Number:  (407) 650-0597
Telephone Number:  (407) 650-0593

[Borrower Signature Page Follows]

[Signature Page to Guarantor Acknowledgement]

A-13

BORROWER:

PARKWAY PROPERTIES LP,
a Delaware limited partnership
By:    Parkway Properties General Partners, Inc., 
its sole general partner

By:_______________________________    
     Name:__________________________
     Title:___________________________    

By:_______________________________    
     Name:__________________________
                  Title:___________________________

[Signature Page to Guarantor Acknowledgement]

A-14EX-10.1

 Exhibit 10.1 

RESIGNATION AGREEMENT 

This Resignation Agreement (“Agreement”) is entered into by and between Myriad Genetics, Inc., a Delaware corporation, with its
principal office at 320 Wakara Way, Salt Lake City, Utah 84108 (hereinafter referred to as “Myriad” or the “Company”) and Peter D. Meldrum (hereinafter referred to as “Meldrum”). 

RECITALS 
 A. Meldrum has
been employed by Myriad since May 1991, currently holds the offices of President and Chief Executive Officer and Director of the Myriad Board of Directors, and has expressed his intention of resigning from such offices. 

B. In order to facilitate a smooth transition for the new President and Chief Executive Officer, Myriad desires to retain Meldrum as a
full-time employee through June 30, 2015, and thereafter for the period of time set forth herein as a non-employee consultant to provide certain consulting services to the Company, and Meldrum is willing to provide these services to the
Company. 
 C. Myriad desires to provide Meldrum compensation for his accomplishments and contributions to the success of the Company from
his 24 years of service to Myriad. 
 D. Myriad desires to provide compensation to Meldrum in consideration for Meldrum’s commitment
to, and the anticipated provision of, consulting services to be rendered to the Company. 
 E. Myriad and Meldrum desire to resolve any and
all disputes that may exist, if any, whether known or unknown, between them, including, but not limited to, disputes relating to Meldrum’s employment with Myriad, service on the Company’s Board of Directors, and the termination of that
employment relationship. 
 F. Myriad is willing to provide the consideration provided for herein to Meldrum in return for the commitments,
releases and agreements set forth herein. 
 AGREEMENT 

NOW, THEREFORE, in consideration of the mutual promises, covenants and agreements set forth herein, the parties mutually agree as follows:

 1. Effective Date. This Agreement is effective on the eighth day following Meldrum’s execution of this Agreement, provided
that Meldrum does not revoke his execution of this Agreement as provided in Paragraph 22 below. 
 2. Resignation. Meldrum resigns
his positions with Myriad as President and Chief Executive Officer and as a Director of the Myriad Board of Directors, and resigns his employment with Myriad, effective June 30, 2015. 

 3. Benefits. In reliance on the agreements and releases set forth herein and following the
expiration of the revocation period described in Paragraph 22 below and the unrevoked signing of this Agreement by Meldrum, and subject to the further terms and conditions of this Agreement, Myriad shall provide the following benefits to Meldrum:

 a. Position: Meldrum will hold the title of “President and Chief Executive Officer” and “Director” until
June 30, 2015 and will continue his employment with Myriad on a full-time basis through June 30, 2015 at which time all employment responsibilities with the Company will cease. Meldrum may not represent to third parties that he is an
employee of Myriad after June 30, 2015. 
 b. Payment: Myriad will pay Meldrum the sum of $1,287,500, less applicable employment
tax withholding amounts, promptly after June 30, 2015, and may make such payment through Myriad’s next payroll cycle along with any final wages due Meldrum. 

c. Stock Options: All unvested stock options issued and outstanding to Meldrum which would otherwise vest on or before
September 30, 2016, shall vest as of June 30, 2015, and shall be exercisable in accordance with the terms of the respective underlying stock option grant. 

d. Restricted Stock Unit Award. All unvested performance stock units granted on September 17, 2014, issued and outstanding to
Meldrum which, following any applicable adjustment, would otherwise vest on or before September 30, 2016, shall vest as of June 30, 2015, in accordance with the terms of the performance stock unit award, but subject to the achievement and
certification of any applicable revenue performance targets provided for such performance stock unit award. 
 4. Consulting
Services. As consideration, in part, of the compensation provided to Meldrum hereunder, Meldrum agrees to provide up to 40 hours per month of consulting services to Myriad through December 31, 2015. 

5. Receipt of this Agreement. Meldrum understands and acknowledges that on January 30, 2015, he received a copy of this Agreement,
and that he has 21 days from receipt of this Agreement in which to consider and consult with an attorney regarding this Agreement. Meldrum acknowledges that he has an adequate amount of time in which to consult with any person of his choice with
respect to the contents of this Agreement prior to signing. 
  

					
	/s/ Peter D. Meldrum				January 30, 2015
			
	Peter D. Meldrum				Date

 6. Release of Claims by Meldrum. Meldrum, for himself and for all persons claiming by, thorough, or
under him, hereby completely and unconditionally releases and discharges Myriad and each of Myriad’s parents, subsidiaries, affiliates, successors, assigns, agents, directors, officers, employees, representatives, attorneys and all persons
acting by, 

  
 2 

 
through, under or in concert with any of them (hereinafter collectively referred to as “Releasees”) from any and all claims, demands, charges, grievances, damages, debts, liabilities,
accounts, costs, attorney’s fees, expenses, liens and causes of action of every kind and nature whatsoever (hereinafter collectively referred to as “Claims”). The Claims from which Meldrum is releasing Releasees herein include without
limitation, breach of implied or express contract, breach of implied covenant of good faith and fair dealing, libel, slander, misrepresentation, fraud, wrongful discharge, discrimination claims under the Age Discrimination in Employment Act, the
Older Workers Benefit Protection Act, Title VII of the Civil Rights Act of 1964, the Utah Antidiscrimination Act, and any other laws prohibiting age, race, religion, sex, national origin, disability and other forms of discrimination, and any tort or
other claim arising in any way out of the employment relationship or termination of that relationship between Myriad and Meldrum whether now known or unknown, suspected or unsuspected, accrued or unaccrued. Meldrum specifically waives any and all
claims for back pay, front pay, or any other form of compensation for services, except as set forth herein. This release and waiver of claims by Meldrum releases and waives all claims against Myriad which may accrue as of June 30, 2015. 

Meldrum hereby waives any right to recover damages, costs, attorneys’ fees, and any other relief in any proceeding or action brought
against Myriad by any other party, including without limitation the Equal Employment Opportunity Commission and the Utah Antidiscrimination and Labor Division, on Meldrum’s behalf asserting any claim, charge, demand, grievance, or cause of
action released by Meldrum as stated above. 
 Notwithstanding the foregoing, Meldrum does not waive rights, if any Meldrum may have, to
unemployment insurance benefits or workers’ compensation benefits. Myriad agrees that if Meldrum is unable to find employment before his severance runs out and he applies for unemployment benefits, Myriad will not oppose that application.
Nothing in this paragraph prohibits Meldrum from paying COBRA premiums to maintain Meldrum’s participation, if any, in Myriad’s group health plan to the extent allowed by the terms, conditions, and limitations of the health plan. 

In addition, notwithstanding this release language, Meldrum is not waiving any rights and interests he has in the Myriad 401(k) retirement plan, and
Meldrum’s individual account balance in such plan is and remains fully vested in Meldrum. Meldrum will be sent the necessary paperwork to allow him to withdraw his money from those retirement accounts. 

7. Release of Claims by Myriad. Myriad, for itself, its heirs, assigns and representatives, hereby releases and waives all claims it
has or may have, whether known, unknown, actual, potential or contingent, against Meldrum, including any of his agents and representatives, in any way arising out of or relating to Meldrum’s employment with Myriad and/or the termination of
Meldrum’s employment with Myriad. This release and waiver of claims by Myriad covers, but is not limited to, all claims for misrepresentation, fraud, breach of implied or express contract, breach of implied covenant of good faith and fair
dealing, defamation, and interference with economic relations. This release and waiver of claims by Myriad releases and waives all claims against Meldrum which may accrue as of June 30, 2015. 

  
 3 

 8. Amendment. This Agreement may not be supplemented, amended, or modified except through
a new written agreement signed by both parties. 
 9. No Assignment of Claims. Meldrum represents and warrants that he has not
previously assigned or transferred, or attempted to assign or transfer, to any third party, any of the Claims waived and released herein. 

10. No Claim Filed. Meldrum represents that he has not filed any claim, complaint, charge or lawsuit against Myriad or any other
Releasee with any governmental agency or any state or federal court, and covenants not to file any lawsuit at any time hereafter for any matter, claim or incident known or unknown which occurred or arose out of occurrences prior to the date hereof.

 11. Additional Consideration. Meldrum agrees and acknowledges that the payment and benefits provided pursuant to this Agreement
are in addition to any payments or benefits to which Meldrum would be entitled without signing this Agreement. 
 12. Confidential
Information. As a further material inducement to Myriad to enter into this Agreement, Meldrum agrees that he will not divulge the following information or types of information to anyone without the prior written consent of Myriad which will not
be unreasonably withheld: trade secrets, salaries, financial information, franchise information, marketing information, pricing, products, product lists, product information, sales information, personal employee information, or any other information
of a similar confidential, sensitive or competitive nature. Meldrum acknowledges that he has previously signed a confidentiality agreement with Myriad that remains in effect and under which he continues to be obliged to not disclose or make use of
confidential or proprietary company information. 
 13. Company Property. Meldrum hereby represents and warrants that he has returned
to Myriad all documents, property and records owned by, belonging to or created by Myriad or other Releasees, including, but not limited to all copies thereof (hereinafter referred to as “Properties”), except as permitted by Myriad. For
the purposes of this Agreement, “Properties” includes but is not limited to keys, small wares, complete and partial documents, correspondence, reports, memoranda, laboratory records of any kind, notes, software, computer disks, manuals,
computerized information and reports. 
 14. Meldrum Personal Property. Myriad hereby represents and warrants that it will return to
Meldrum all documents, property and records owned by, belonging to or created by Meldrum prior to his employment at Myriad. “Properties” include but are not limited to personal effects currently stored in his former office, complete and
partial documents, correspondence, reports, memoranda, laboratory records of any kind, notes, software, computer disks, manuals, computerized information and reports, except to the extent that any of the foregoing constitutes property of Myriad.
Meldrum will not be prevented from creating electronic copies of all personal computer files that are stored on his former computer at Myriad. 

15. Nondisparagement. Meldrum agrees not to damage, disparage or criticize, orally or in writing, Myriad, its officers, executives,
management or operations to any third person or entity. Myriad agrees, through its executives and officers, not to damage, disparage or criticize Meldrum to any third person or entity. 

  
 4 

 16. Entire Agreement. This Agreement contains the entire agreement and understanding of
Myriad and Meldrum concerning the subject matter hereof and this Agreement supersedes and replaces all prior negotiations, proposed agreements, agreements or representations whether written or oral. Myriad and Meldrum agree and acknowledge that
neither Myriad nor Meldrum, including any agent or attorney of either, has made any representation, guarantee or promise whatsoever not contained in this Agreement to induce the other to execute this Agreement, and neither party is relying on any
representations, guarantee, or promise not contained in this Agreement in entering into this Agreement. 
 17. Governing Law. This
Agreement shall be governed by and construed in accordance with the laws of the State of Utah, without giving effect to Utah’s choice of law rules. 

18. Submission to Jurisdiction. Meldrum and Myriad each submits to the jurisdiction of any state or federal court sitting in the State
of Utah in any action or proceeding arising out of or relating to this Agreement, and each party agrees that all claims of whatever type relating to or arising out of this Agreement may be heard and determined only in a state or federal court
sitting in the State of Utah. Meldrum and Myriad each waives any defense of inconvenient forum to the maintenance of any action or proceeding so brought, and waives any bond, surety, or other security that might be required of any other party with
respect thereto. Meldrum and Myriad each agrees that if any action or proceeding relating to or arising out of this Agreement is brought in any other court or forum other than a state or federal court sitting in the State of Utah, the action or
proceeding shall be dismissed with prejudice and the party bringing the action or proceeding shall pay the other party’s legal fees and costs. 

19. Consultation with Attorney. Meldrum understands and acknowledges that Myriad has advised Meldrum to consult with an attorney of
Meldrum’s choice prior to signing this Agreement. 
 20. Voluntary and Knowing Signing. Meldrum acknowledges that he has read
this Agreement carefully and fully understands this Agreement. Meldrum acknowledges that he executes this Agreement voluntarily and of his own free will, and that he is knowingly and voluntarily releasing and waiving all Claims he may have against
Releasees, including Myriad. 
 21. Breach of Agreement. Breach of any terms of this agreement by Meldrum including any obligation of
nondisparagement, failure of any representation or warranty, and any obligation not to divulge confidential information, shall be grounds for termination of any or all of the separation benefits, including vested stock options. 

  
 5 

 22. Revocation Period. Meldrum has seven (7) days from the date on which he signs
this Agreement to revoke this Agreement by providing written notice of his revocation to: 
 Jayne Hart 

Executive Vice President of Human Resources 

Myriad Genetics, Inc. 

320 Wakara Way 

Salt Lake City, Utah 84108 

Meldrum’s revocation, to be effective, must be received by the above-named person by the end of the seventh day after Meldrum signs this Agreement. This
Agreement becomes effective on the eighth day after Meldrum signs this Agreement, providing that Meldrum has not revoked this Agreement as provided above. 

23. Indemnification. Nothing herein shall be construed to diminish any rights of Meldrum, or obligations of Myriad, to indemnify
Meldrum to the extent provided for under the By-Laws of the Company and Delaware General Corporation Law as a result of any claim arising from or relating to the fact that Meldrum was an officer and a Director of Myriad. 

IN WITNESS WHEREOF, the parties have executed this Agreement on the dates indicated to be effective for all purposes as of the Effective Date indicated above.

  

					
	MYRIAD GENETICS, INC.				PETER D. MELDRUM
			
	/s/ John Henderson, M.D.				/s/ Peter D. Meldrum
	 By: John Henderson, M.D.
 Its: Chairman of the
Board of Directors
 Date: January 16, 2015
				Date: January 30, 2015

  
 6

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00239-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00239-of-00352.parquet"}]]