Document:

exv10w10

EXHIBIT 10.10

[LETTERHEAD OF IMPAX LABORATORIES, INC.]

August 12, 2004

Charles
Hildenbrand

Dear Charles:

This letter is an offer of employment for you to join IMPAX Laboratories, Inc. as Sr. VP of
Operations, reporting to Larry Hsu, President. Your position will be based in Hayward, California,
and your official hire date will be August 31, 2004. Please report to our administration facility
at 1502 Crocker Ave., at 8:30 A.M .for new hire orientation on September 7. Your first 90 days with
the company is an evaluation period.

Your starting salary will be $190,000 per year, paid biweekly. You will also receive, subject to
Board approval, an option to purchase 50,000 shares of IMPAX stock.

You will be eligible to participate in a bonus program designed to reward you up to 45% of your
annual salary, dependent on your and the company’s performance.

The Company will pay you a relocation amount of $70,000 before taxes, in two equal payments; the
first payment will be included with your first paycheck, and the second with the first paycheck
after you have completed 90 days with the Company. If you should voluntarily leave the Company
within one year of your start date, you will be required to return the entire amount of this
relocation package. If you voluntarily leave the Company after your first year but before two years
from your start date, you will be required to return 50% of the relocation amount.

This relocation amount is intended for all relocation costs associated with your move from Pomona,
New York to the Bay Area, including realtor fees, closing costs, hotel and temporary housing,
miscellaneous expenses, taxes on non-deductible expenses, and travel costs associated with moving
your family. In addition we will provide you with a $20,000 sign-on bonus.

As you
requested, we will allow you to take October 22 through November 1, 2004 off for a
pre-arranged vacation. This time will be without pay.

In addition, some time within 6 months after your start date, you may take one week with pay, to
move your family out to this area. It is understood you will be regularly available by cell phone,
and email if possible, during your drive across country.

Also, you are eligible to participate in the following company benefits:

	 	√	 	Kaiser or Health Net Healthcare, Guardian Dental, and VSP Vision (coverage effective
October 1, 2004).
	 
	 	√	 	401(k) (participation begins the first quarter following three (3) months of
continuous service).
	 
	 	√	 	Short- and Long-Term Disability Insurance, Life, and Accidental Death &
Dismemberment, after 90 days with the company.

 

 

	 	√	 	128 Hours of Personal Time Off, and 10 Holidays designated yearly.
	 
	 	√	 	Eligibility to participate in the Employee Stock Purchase Plan after one year of
service at a 15% discount.
	 
	 	√	 	Executive Non-Qualified Deferred Compensation Plan

Please note this employment offer is contingent upon the successful completion of a drug test and
background check paid by the Company. We have arranged with Total Compliance Network (TCN) for you
to complete a drug test as soon as possible. Please contact Quest Diagnostics at 500 Union Blvd,
Totowa, NJ (973-389-0945). We have included a map and Drug Testing Form with this letter.

Your employment is at will. Accordingly, either you or the company can terminate the employment
relationship at any time, with or without cause or advance notice. This letter constitutes the
entire agreement between IMPAX Laboratories and you respecting the position and supersedes all
prior negotiations and agreements pertaining to the position, whether written or oral. No special
or implied conditions or terms of employment and no amendment to this letter will be binding unless
they are made in writing and signed by an officer of the company and you.

We are all excited about your joining our team. If this offer is acceptable, please sign and return
this original document to me within 48 hours of receipt. Before doing so, however, we would
appreciate it if you could fax the signed copy to our confidential number: 510-429-2146.

If you have questions or concerns, please call me at me at 510-476-2000, x1145.

Sincerely

/s/ Yvonne Boxerman

Yvonne Boxerman

Director, Human Resources

	 	 	 
	Cc:

	 	Larry Hsu, President
	 

	 	Nai Chang, Controller

	 	 	 
	/s/
Charles V. Hildenbrand

	 	Start Date: August
31, 2004
	Signatureexv10w11

EXHIBIT 10.11

[LETTERHEAD OF IMPAX LABORATORIES, INC.]

February 9, 2005

Arthur A. Koch, Jr.

OFFER OF EMPLOYMENT

Dear Art,

This letter constitutes an offer of employment for you to join Impax Laboratories, Inc. (IMPAX) as
the Senior Vice President, Finance. In this position you will report directly to Barry R. Edwards,
Chief Executive Officer.

In this position your base salary will be $4,230.76 paid weekly ($220,000.00 annually). You will be
eligible to participate in the Executive Bonus Program for Sr. Vice Presidents in which a target
bonus of 45% of annual salary may be attained. You will also receive, pending Board of Directors
approval, an option to purchase 50,000 shares of IMPAX stock. Your employment start date with IMPAX
will be no later than Monday. February 14, 2005.

The company will provide you with medical and dental insurance for you and your eligible
dependents. As a member of the executive staff you will not be required to pay an employee
contribution for these benefits. The company will also provide you with group term life and group
long term disability coverage on a par to that which is provided to other executives. You will be
eligible for benefits on June 1, 2005. You will be eligible to participate in the 401K Plan on July
1, 2005. As a Senior Vice President you will be eligible to participate in the Non Qualified
Deferred Compensation Plan upon hire date. You will also receive twenty-one (21) days of Paid Time
off (PTO) that accrue on a weekly basis. You shall be entitled to participate in or receive
benefits under any other employee benefit plan made available by the company in the future to its
employees subject to, and on a basis consistent with, the terms, conditions and overall
administration of such plans.

Please note that this employment offer is contingent upon a successful completion of a drug test
and background check paid by the Company. A positive result will mandate the rescission of this
offer, unless, prior to the test, you provide a satisfactory, professionally verified medical
explanation for your use of any drug tested for substance.

To comply with the Department of Justice Immigration and Control Act you will need to provide
documentation that supports employment eligibility within the United States. A State issued drivers
license or State issued ID card with a picture and a Social Security card are acceptable forms of
documentation. Please bring both with you on your first day. If you need a list of other acceptable
documents please contact me. If you are interested in Payroll Direct Deposit, please bring a voided
check or savings account document with you as well.

Your employment is at will. According, either you or the company can terminate the employment
relationship at any time, with or without advance notice. This offer does not constitute any
promise or

 

 

obligation of any duration of employment nor severance package. If this offer is acceptable, please
return the signed original document to me immediately by confidential fax at 215 807-0230.

As a final note, we believe that you will contribute to the company’s overall success and that
IMPAX will provide you the career environment and opportunities that you seek. We look forward to
welcoming you to the IMPAX team. If you have any questions please contact me at 215 289-2220 x
1721.

Sincerely,

/s/ Lou Ann Carroll

Lou Ann Carroll

Associate Director, Human Resources

Impax Laboratories, Inc.

cc: Barry R. Edwards

Accepted by

	 	 	 	 	 	 	 
	 

	 		 	 

	 	 
	/s/ Arthur A. Koch, Jr.

Arthur A. Koch, Jr.

	 	 	Date: 	February
10, 2005exv10w13

EXHIBIT 10.13

[LETTERHEAD OF IMPAX LABORATORIES, INC.]

March 3, 2008

Michael J. Nestor

Dear Michael:

We are very happy to make an offer of employment to you with the following terms.

	 	•	 	Your position will be Divisional President, Brand Products Division reporting to
Larry Hsu, PhD., President & CEO.
	 
	 	•	 	Your position will be based at Hayward, California with an agreed upon start date of
March 31, 2008. On your first morning, please report to our administration facility at
31047 Genstar Road, Hayward CA 94544 for new hire orientation.
	 
	 	•	 	Your starting salary will be $425,000 per year, paid biweekly.
	 
	 	•	 	You will also receive, subject to Shareholder approval, an option to purchase stock
options of 75,000 shares of IMPAX stock and 30,000 Restricted Stock Units. These
options have a 4 year vesting schedule at 25% per year.
	 
	 	•	 	It is the Company’s intent to negotiate in good faith an employment agreement with
all senior executives as soon as it becomes current with its 10-K/10-Q filing.
	 
	 	•	 	You are eligible to receive a relocation package of $75,000 grossed up towards any
and all relocation expenses you may incur for your move to California. The Company
will negotiate in good faith to increase if needed at the time of your moving.
However, the total relocation package will not exceed $125,000 grossed up. You and
your family need to be formally moved to the Bay Area by July 2009 or we will expect
full repayment of relocation expenses paid to you. You will receive $37,500 (that is
50% of $75,000) of relocation expenses with your first paycheck. The remaining 50%
($37,500) plus any additional negotiated amount will be paid out after you have
provided proof to HR of permanent relocation of you and your family to the San
Francisco Bay Area.
	 
	 	•	 	The Company agrees to pay for temporary housing at a mutually agreeable location
until you move to the Bay Area, not to exceed a reasonable dollar amount determined by
the Company.
	 
	 	•	 	You will be eligible to participate in a bonus program designed to reward you up to
75% of your annual salary, dependent on your performance and that of the Company’s.
	 
	 	•	 	Also, you are eligible to participate in the following company benefits:

 

 

	 	√	 	Kaiser or Health Net Healthcare, Delta Dental, and VSP Vision (coverage
effective the first of the month following 30 days of employment).
	 
	 	√	 	401(k) (participation begins the first quarter following 30 days of
continuous service).
	 
	 	√	 	Short- and Long – Term Disability Insurance, Life, and Accidental Death &
Dismemberment, after 90 days with the company.
	 
	 	√	 	20 days of Personal Time Off, and 10 Holidays designated yearly.
	 
	 	√	 	Eligibility to participate in the Employee Stock Purchase Plan after one
year of service at a 15% discount.
	 
	 	√	 	Executive Non-Qualified Deferred Compensation Plan.

Please note this employment offer is contingent upon the successful completion of a drug test and
background check paid by the Company.

Your employment is at will. Accordingly, either you or the company can terminate the employment
relationship at any time, with or without cause or advance notice. This letter constitutes the
entire agreement between Impax Laboratories and you respecting the position and supersedes all
prior negotiations and agreements pertaining to the position, whether written or oral. No special
or implied conditions or terms of employment and no amendment to this letter will be binding unless
they are made in writing and signed by an officer of the company and you.

Michael, we are very happy about you joining our team. If this offer is acceptable, please sign
and email or fax this document to me by the end of the business day on Friday March 7, 2008. HR’s
confidential fax number is 510-429-2146. We will also be sending you the original document in the
mail and will need your signature on that sometime prior to your start date.

If you have questions or concerns, please call me at 510-476-2047. We look forward to having you
join IMPAX.

Sincerely,

/s/ Yvonne Boxerman

Yvonne Boxerman

Sr. Director, Human Resources

	 	 	 	 	 
	/s/ Michael J. Nestor

Michael J. Nestor

	 	Date: March
6, 2008

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