Document:

EMPLOYMENT AGREEMENT

DATE: January 30, 2008

PARTIES:        Techne Corporation, a
                Minnesota corporation
                614 McKinley Place N.E.
                Minneapolis, Minnesota 55413

                Marcel Veronneau
                1896 Park Ridge Ct.
                St. Paul, Minnesota 55119

AGREEMENTS:

	                        ARTICLE l.
              TERM OF EMPLOYMENT:  DUTIES AND SUPERVISION

        1.1)  Parties.  The parties to this Agreement are Marcel Veronneau
("Employee") and Techne Corporation ("Company").  As used herein, Company
refers to Techne Corporation and its subsidiaries including Research and
Diagnostic Systems, Inc. ("R&D"), unless specifically provided otherwise.
All of the rights and obligations created by this Agreement may be performed
by or enforced by or against the Company or R&D or other appropriate
subsidiary.

        1.2)  Term of Employment.  The Company hereby employs Employee as Vice
President, Hematology Operations of the Company for the term beginning
January 30, 2008 and continuing through June 30, 2010 unless employment
terminates earlier as provided in Article 5 hereof.

        1.3)  Duties and Supervision.  During the term of this Agreement,
Employee agrees to devote his full time and best efforts to the business and
affairs of the Company, and to perform such services and duties
Employee may from time to time be assigned by the Company, and specifically
its President.

                               ARTICLE 2.
                             COMPENSATION

        2.1)  Salary.  During the first fiscal year of the term of this
Agreement (July 1, 2007 through June 30, 2008), the Company shall pay to
Employee as base compensation for services to be rendered hereunder an annual
salary of $160,000, to be paid semi-monthly or in accordance with the usual
payroll practices of the Company.  Each subsequent fiscal year during the
term of Employee's employment by the Company, under this Agreement,
Employee's salary shall be reviewed but not reduced by the President of
the Company.

        2.2)  Management Incentive Bonus Plan.  During each fiscal year of the
term of Employee's employment, Employee shall be eligible to earn a bonus
equal to 40%, as herein defined, of his base compensation.  The performance
standards for earning such bonus shall be established annually by the
President of the Company but the eligibility for a 40% bonus shall not be
amended during the term of this Agreement except with the consent of
Employee.  At least one-half of such bonus shall be paid in the form
of stock options with an aggregate exercise price equal to such one-half of
the bonus amount.  Such options are to be granted immediately after receipt
of audited financial statements for the previous fiscal year and the
corresponding close of the previous fiscal year.  The exercise price is to be
based on the market price of the Company's Common Stock on the date of grant.
The other one-half of any bonus earned may be taken, at the election of the
Employee, either in cash or in additional stock options with an exercise
price equal to 170% of such one-half of the bonus amount.

        2.3)  Other Employee Compensation and Benefits.  In addition to the
compensation and benefits provided to Employee in Sections 2.1 and 2.2
hereof, Employee shall be entitled to participate in other employee
compensation and benefit plans from time to time established by the Company
and made available generally to all employees.  Employee shall participate in
such compensation and benefit plans on an appropriate and comparable basis
determined by the Board of Directors by reference to all other employees
eligible for participation.  With regard to all insured benefits to be
provided to Employee, benefits shall be subject to due application by
Employee, the Company has no obligation to pay insured benefits directly and
such benefits are payable to Employee only by the insurers in accordance with
their policies.  Employee shall not be reimbursed for unused personal days or
sick days.

                                ARTICLE 3.
                      PAYMENT OF CERTAIN EXPENSES

        3.1)  Business Expenses.  In order to enable Employee to better perform
the services required of him hereunder, the Company shall pay or reimburse
Employee for business expenses in accordance with policies to be determined
from time to time by the Board of Directors.  Employee agrees to submit
documentation of such expenses as may be reasonably required by Company.

                                ARTICLE 4.
           INVENTIONS, PROPRIETARY INFORMATION AND COMPETITION

        4.1)  Prior Agreement.  Neither the execution of this Agreement nor any
provision in it shall be interpreted as rescinding or revoking the Employee
Agreement With Respect To Inventions, Proprietary Information, and Unfair
Competition previously entered into between the Company and Employee as of
February 2, 1993 (the "Prior Agreement").  The Company and Employee hereby
agree that the terms of such Prior Agreement shall apply to all businesses of
the Company, including not only business conducted by the Company but also to
business conducted through Techne or any subsidiary or venture of Techne now
existing or hereafter created.  The termination of this Employment Agreement
shall not terminate Employee's obligations under the Prior Agreement.

                               ARTICLE 5.
                              TERMINATION

        5.1)  Events of Termination.  Employee's employment shall terminate as
follows:

            (A)  By mutual written agreement of the parties.

            (B)  Upon death of Employee;

            (C)  Employee may terminate his employment at any time upon
            written notice provided to the Board of Directors at least 90 days
            prior to the effective date of termination.

            (D)  The Company may terminate Employee's employment as follows:

                 (i)   In the event of the merger, sale of the business, or
                 change in control of the Company, provided that the salary
                 and bonus continuation provisions of Article 6.1 of this
                 Agreement are met.

                 (ii)  By written notice to Employee, the Company may
                 terminate Employee's employment immediately with cause.  For
                 purposes of this Agreement, "cause" shall mean material
                 dishonesty or gross misconduct on the part of Employee in the
                 performance of Employee's duties hereunder, serious breach of
                 Company policies or failure on the part of Employee to
                 perform material duties assigned to Employee by the Company's
                 President or Board of Directors.

                 (iii) Upon the occurrence of physical or mental disability
                 of Employee to such an extent that Employee is unable to
                 carry on essential functions of Employee's position, with or
                 without reasonable accommodation, and such inability
                 continues for a period of three months.  Nothing in this
                 Section 5.1(D)(iii) shall limit the right of either party to
                 terminate this Agreement under one of the other sections of
                 this Section 5.1.

       5.2)  Records and Files.  In the event of termination of employment of
Employee hereunder, possession of each corporate file and record shall be
retained by the Company, and Employee or his heirs, assigns and legal
representatives shall have no right whatsoever in any such material,
information or property.

                                ARTICLE 6.
	                   TERMINATION BENEFITS

       6.1) Termination Benefits.  In the event Employee's employment by the
Company is terminated in connection with a merger, sale, or "change in
control" of the Company or any subsidiary of the Company, Employee shall be
paid at the time of such termination an amount equal to the lesser of (a) one
month's base salary as provided by section 2.1 of this Agreement for each
full year during which Employee has been employed by the Company, or (b) two
times Employee's annualized compensation for the tax year preceding the year
of termination (as evidenced by Employee's W-2 for such preceding year), or,
if less, two times the compensation limit under Internal Revenue Code Section
401(a)(17); provided, however, that Employee shall be entitled to the payment
set forth in this Section 6.1 only if he executes and does not rescind a
release agreement in a form supplied by the Company, which will include, but
not be limited to, a comprehensive release of claims against the Company and
all related parties, in their official and individual capacities.  For
purposes of this Section 6.1, "change in control" means the acquisition in
one or more transactions by a single party, or any number of parties acting
in concert, of a majority of the outstanding shares of voting stock of the
Company.

                               ARTICLE 7.
	                    MODIFICATIONS

        7.1)  Modifications.  Except as provided in Section 4.1 above, this
Agreement supersedes all prior agreements and understandings between the
parties relating to the employment of Employee by the Company and it may not
be changed or terminated orally.  No modification, termination, or attempted
waiver of any of the provisions of this Agreement shall be valid unless in
writing signed by the party against whom the same is sought to be enforced.

                              ARTICLE 8.
                     GOVERNING LAW AND SEVERABILITY

        8.1)  Governing Law.  The validity, enforceability, construction and
interpretation of this Agreement shall be governed by the laws of the State
of Minnesota.

        8.2)  Severability.  If any term of this Agreement is deemed
unenforceable, void, voidable, or illegal, such unenforceable, void, voidable
or illegal term shall be deemed severable from all other terms of this
Agreement which shall continue in full force and effect and the Company and
Employee expressly acknowledge that a court of competent jurisdiction may, at
Company's request, modify and thereafter enforce any of the terms,
conditions, and covenants contained in this Agreement.

                             ARTICLE 9.
                          BINDING EFFECT

        9.1)  Binding Effect.  The breach by the Company of any other agreement
or instrument between the Company and Employee shall not excuse or waive
Employee's performance under, or compliance with, this Agreement.  This
Agreement shall be binding upon and inure to the benefit of the Company, its
successors and assigns, and Employee, his heirs, assigns, and legal
representatives.  The rights of Employee hereunder are personal and may not
be assigned or transferred except as may be agreed to in writing by the
Company.

                           ARTICLE 10.
                           ARBITRATION

       10.1)  Arbitration.  Any dispute arising out of or relating to this
Agreement or the alleged breach of it, or the making of this Agreement,
including claims of fraud in the inducement, shall be discussed between the
disputing parties in a good faith effort to arrive at a mutual settlement of
any such controversy.  If, notwithstanding, such dispute cannot be resolved,
such dispute shall be settled by binding arbitration.  Judgment upon the
award rendered by the arbitrator may be entered in any court having
jurisdiction thereof.  The arbitrator shall be a retired state or federal
judge or an attorney who has practiced securities or business litigation for
at least 10 years.  If the parties cannot agree on an arbitrator within 20
days, any party may request that the chief judge of the District Court for
Hennepin County, Minnesota, select an arbitrator.  Arbitration will be
conducted pursuant to the provisions of this Agreement, and the commercial
arbitration rules of the American Arbitration Association, unless such rules
are inconsistent with the provisions of this Agreement, but without
submission of the dispute to such Association.  Limited civil discovery shall
be permitted for the production of documents and taking of depositions.
Unresolved discovery disputes may be brought to the attention of the
arbitrator who may dispose of such dispute.  The arbitrator shall have the
authority to award any remedy or relief that a court of this state could
order or grant; provided, however, that punitive or exemplary damages shall
not be awarded.  The arbitrator may award to the prevailing party, if any, as
determined by the arbitrator, all of its costs and fees, including the
arbitrator's fees, administrative fees, travel expenses, out-of-pocket
expenses and reasonable attorneys' fees.  Unless otherwise agreed by the
parties, the place of any arbitration proceedings shall be Hennepin County,
Minnesota.

     IN WITNESS WHEREOF, the parties have executed this Agreement and caused
it to be dated as of the day and year first above written.

                                           TECHNE CORPORATION

                                           By /s/ Thomas E. Oland
                                               Its President

                                                       "Company"

                                            /s/ Marcel Veronneau
                                                        "Employee"EXHIBIT 10.2

 

Exhibit 10.2

CONEXANT SYSTEMS, INC.

2008 PEAK PERFORMANCE INCENTIVE PLAN

Section 1.
Overview. The Peak Performance Incentive Plan (the
“Plan”) may pay cash bonuses (each,
a “Bonus Award”) to select employees. Bonus Awards are paid annually. The amount of a Bonus Award
is based upon an employee’s Eligible Earnings, Bonus Target, performance during the Performance
Year, and the Incentive Pool made available for payments under the Plan for the applicable
Performance Year.

Section 2. Purpose. The Plan is designed to focus the efforts of certain employees of Conexant
Systems, Inc. and its subsidiaries (the “Company”) on the continued improvement in the performance
of the Company, and to aid in attracting, motivating and retaining superior employees by providing
an incentive and reward for those employees contributing to the performance of the Company.

Section 3. Performance Year. The Plan is effective for the fiscal 2008 year beginning September
29, 2007 and ending October 3, 2008 (the “Performance
Year”).

Section 4. Eligibility. Those employees who are determined to be eligible to receive a Bonus Award
are called “Participants.”

	 	(a)	 	Eligible Participants. Except as specifically provided otherwise in this Plan, a
person must be employed by the company, on active status on the Company payroll, on salary
continuation, or on a formal leave of absence on or before June 30 and on the last day of
the Performance Year (except as provided in cases of death or disability as defined in
Sections 6 or 7 below) to be eligible for participation in the Plan. A Participant may
work either full-time or part-time as an employee, as long as other eligibility criteria
are met. Employees who are covered for the full period of the Performance Year by the
Sales Incentive Plan and employees that are subject to a separate bonus plan (such as for a
specific geographic location, line of business, or other individually-based plans) shall
not be eligible to participate in the Plan.
	 
	 	(b)	 	Determination of Participants. Prior to the beginning of the Performance Year, or as
soon as practicable thereafter, the Compensation Committee shall determine which Executive
Officers subject to SEC reporting (“Executive Officers”) are Participants, and the
President and Chief Executive Officer shall determine which employees are eligible to be
Participants in the Plan. Additional Participants may be included during the Performance
Year and, as provided herein, an employee’s participation in the Plan may terminate.

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Section 5. Bonus Award. There is no minimum Bonus Award or guaranteed payment, however, there may
be a minimum Bonus Award or guaranteed payment provided to certain designated employees based on a
pre-existing employment agreement or understanding. A Participant’s Bonus Award is calculated with
reference to such Participant’s Bonus Target (as defined below), that Participant’s performance for
the Performance Year, and the Incentive Pool (as defined below) for the Performance Year.

	 	(a)	 	Bonus Targets.

     (1)
Each Participant has a target (the “Bonus Target”) stated as a
percentage of a Participant’s Eligible Earnings.

     (2) Eligible Earnings refers only to amounts earned while a Participant is in the Plan
during the Performance Year. “Eligible Earnings” means all earnings, including shift
premiums, workweek premiums, and overtime (for U.S. salaried non-exempt Employees only)
paid during the Performance Year. The term “Eligible Earnings” excludes incentive
payments (such as FIRST program awards, sign-on bonuses, retention bonuses, stock
option exercises and vesting of restricted stock and performance shares), and excludes
any payoffs for unused vacation, unused sick time, earnings from workers’ compensation
or any payments while an Employee is on suspension or disciplinary time-off. For
international employees, what is included in “Eligible Earnings” may be adjusted by
the company based on local law and payroll practices.

     (3) The Compensation Committee establishes individual Bonus Targets for Executive
Officers. Bonus Targets for other employees are established by the Company’s President
and Chief Executive Officer in consultation with Human Resources.

	 	(b)	 	Determination of the Incentive Pool Amount. At the end of the Performance Year and
closing of the Company’s fiscal year financials, the Compensation Committee in its sole
discretion may identify an amount as the Incentive Pool. The Compensation Committee will
take into consideration various metrics when determining whether or not to identify an
amount available for payment of Bonus Awards under the Plan (referred to as the “Incentive
Pool”). The performance metric(s) may be based on, among other things, achievement of
Company financial and business plans and achievement of certain goals vs. the Company’s
competitors. For fiscal year 2008, the Committee, in its sole discretion, will determine
the size of the Incentive Pool, if any. In exercising its discretion in determining the
size of the Incentive Pool, if any, the Committee will consider all circumstances existing
at the end of the Performance Year and closing of the Company’s fiscal year financials,
that it deems relevant, including, but not limited to, the achievement of certain fiscal
2008 core operating profit goals, market conditions, forecasts and anticipated expenses to
be incurred or payable during fiscal 2008.

2

 

	 	(c)	 	Determination of Bonus Award Amount.

(1) A Bonus Award is calculated with reference to: (i) a Participant’s Eligible
Earnings multiplied by that Participant’s Bonus Target (this is called the “Target
Award”), (ii) that Participant’s performance for the Performance Year, and (iii) the
Incentive Pool made available for Bonus Awards under the Plan for the Performance Year.

(2) The amount of a Bonus Award to a Participant who is a Company Officer is determined
by the Compensation Committee. The amount of a Bonus Award to a Participant who is not
a Company Officer, is determined by the executive leader of a Participant’s business
unit or functional group and the President and Chief Executive Officer A
Participant’s Bonus Award can be either greater than or less than (including zero) a
Participant’s Target Award. The Committee, in its sole discretion, may increase or
decrease individual awards from their target levels, based on individual performance
and available incentive pool.

(3) A Participant’s Bonus Award is linked to an assessment of a Participant’s total job
performance for the Performance Year. Factors that may be considered include but are
not limited to, what a Participant does to advance Conexant’s success and how a
Participant does it, especially leadership, balance of short-term actions with
long-term goals, and resource allocation while prioritizing the needs of customers,
employees and stockholders.

(4) Excluding guaranteed payments as referenced above, there is neither a minimum nor
maximum amount of a Bonus Award that may be paid to a Participant for the Performance
Year. At Conexant’s discretion, a Bonus Award amount may be prorated for those
Participants who are eligible to participate in the Plan for less than the full
Performance Year; provided, however, all decisions relating to Bonus Awards for
Executive Officers must be made by the Compensation Committee.

	 	(d)	 	Payment of Awards. To be eligible to receive a Bonus Award, a Participant must be an
employee in good standing and, on active status, receiving salary continuation or be on a
formal leave of absence at the time the Bonus Awards are distributed. As soon as
administratively practicable following the determination of a Participant’s Bonus Award,
but not later than 2.5 months after the end of the year in which such determination is
made, such Bonus Award, less any legally required withholding, shall be paid to a
Participant (unless a Participant is on a formal leave of absence) or, in the event of a
Participant’s death, in accordance with Company policy as stated in Section 6 hereof. If,
at the time a Bonus Award is to be paid, a Participant is on a formal leave of absence, a
Participant shall receive his or her Bonus Award, if and when a Participant returns to
active status.

3

 

Section 6. Death of a Participant.

	 	(a)	 	Beneficiary. A Participant’s beneficiaries are those specified at the time of a
Participant’s death in a Participant’s will or a Participant’s heirs if a Participant does
not have a valid will. If a Participant dies prior to the date of any payment in question,
the amount otherwise payable shall be paid to a Participant’s beneficiary.
	 
	 	(b)	 	Death during Performance Year. In case of a Participant’s death during the Performance
Year, the Company may pay a pro rata portion of the Bonus Award to which a Participant
would have been entitled for the Performance Year. Such pro rata portion shall be equal to
(i) the ratio which a Participant’s completed calendar months of employment during the
Performance Year bears to 12 multiplied by (ii) the amount to which the Company determines
a Participant would have been entitled, as determined in Section 5 herein, had a
Participant continued in Active Status through the end of the Performance Year.
	 
	 	(c)	 	Death after Performance Year. In case of the death of a Participant after the end of
the Performance Year, but before the delivery of a Bonus Award to which he or she may be
entitled, such Bonus Award shall be delivered to a Participant’s beneficiary.

Section 7. Disability of Participant. In the event of a Participant’s Disability during the
Performance Year, a Participant shall become eligible for a portion of an Award, based on a pro
rata portion of the Performance Year represented by the time prior to the absence from work caused
by the Disability. Disability is the permanent and total disability of a person within the meaning
of Section 22(e)(3) of the Internal Revenue Code of 1986, as amended.

Section 8. Termination of Employment. Upon an employee’s termination during the Performance Year
for any reason other than those specified in Sections 6 or 7 hereof, such former employee shall no
longer be a Participant and shall not have any right to a Bonus Award under the Plan.

Section 9. Miscellaneous

	 	(a)	 	Administration of the Plan. Except as otherwise required for the Executive Officers
under the Charter of the Compensation Committee, the Company’s President and Chief
Executive Officer has the sole discretion to: (i) adopt such rules, regulations,
agreements and instruments as it deems necessary to administer the Plan; (ii) interpret the
terms of the Plan; (iii) determine an employee’s eligibility under the Plan; (iv) determine
whether a Participant is to receive a Bonus Award under the Plan; (v) determine the amount
of any Bonus Award to a Participant; (vi) determine when a Bonus Award is to be paid to a
Participant; (vii) amend, suspend or terminate the Plan, without notice; and (viii) take
any and all other actions it deems necessary or advisable for the proper administration of
the Plan.

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	 	(b)	 	Notification. A copy of this Plan shall be provided to each Participant upon request.
A Participant shall have no right to or interest in an Award unless and until a
Participant’s Award has been determined and paid to a Participant.
	 
	 	(c)	 	Nature of the Plan. Whether to grant any Bonus Awards under this Plan, and in what
amounts, are under the Compensation Committee and management’s discretion. Participation
in this Plan is not intended, nor should it be interpreted, to create any entitlement to
participate in this or any future incentive plans or to receive the same or similar
incentive payments that may be received under this Plan. No Participant should make any
decision based on any hope or expectation of receiving any incentive under this Plan.
Nothing contained in nor will any action under the Plan confer upon any individual any
right to continue in the employment of the Company and does not constitute any contract or
agreement of employment or interfere in any way with the right of the Company to terminate
any individual’s employment.
	 
	 	(d)	 	Termination and Notification. The Company may at any time modify, terminate or from
time to time, suspend and, if suspended, may reinstate the provisions of this Plan.
	 
	 	(e)	 	Withholding Tax. As required by law, federal, state or local taxes that are subject to
the withholding of tax at the source shall be withheld by the Company as necessary to
satisfy such requirements.
	 
	 	(f)	 	Award Limitations. Bonus Awards made under this Plan are not considered for the
purpose of calculating any extra benefits; any termination, severance, redundancy, or
end-of-service premium payments; other bonuses or long-service awards; overtime premiums;
pension or retirement benefits; or future base pay or any other payment to be made by the
Company to a Participant or former Participant.
	 
	 	(g)	 	All Rights Reserved. The Company expressly reserves all rights and control over the
Plan. Although the Company expects that the Plan will continue, the Company may change,
amend, or terminate any provisions of the Plan, or the Plan itself, at any time, in its
sole discretion.
	 
	 	(h)	 	Unfunded Plan. Nothing contained in this plan will be deemed to require the Company to
deposit, invest or set aside amounts for the payment of any Bonus Awards. Participation in
the Plan does not give a Participant any ownership, security, or other rights in any assets
of the Company.
	 
	 	(i)	 	Applicable Law. The Plan will be governed by and construed in accordance with the laws
of the State of Delaware.
	 
	 	(j)	 	Validity. In the event any provision of the Plan is held invalid, void, or
unenforceable, the same will not affect, in any respect whatsoever, the validity of any
other provision of the Plan.

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