Document:

<PAGE>

                                                                   Exhibit 10.2

                          INTERACTIVE DATA CORPORATION

                          2000 LONG-TERM INCENTIVE PLAN

                   2006 RESTRICTED STOCK UNIT AWARD AGREEMENT

                             (EXECUTIVE LEVEL GRANT)

     This award agreement (the "AGREEMENT") represents an equity award grant
made on July 18, 2006 (the "GRANT DATE"), by Interactive Data Corporation, a
Delaware corporation (the "COMPANY to ____________________ the "PARTICIPANT").
This Agreement is subject to the provisions of the Company's 2000 Long-Term
Incentive Plan (the "PLAN"), a copy of which is furnished to the Participant
with this Agreement.

     We collectively refer to the Plan, this Agreement and the International
Supplement referred to in Section 11(i) as the "PLAN DOCUMENTS". Capitalized
terms appearing herein and not otherwise defined shall have the meanings
ascribed to them in Section 3 of this Agreement or in the Plan, as applicable.

1. Number of Restricted Stock Units Granted.

     The Company hereby grants to the Participant, subject to the terms and
conditions set forth in this Agreement and the Plan, ________ Restricted Stock
Units of the Company (the "UNITS"). Each Unit represents the right to receive
one share of the Company's Common Stock ("STOCK") under the terms and conditions
set forth in the Plan and this Agreement. The Participant agrees that the Units
shall be subject to the restrictions on transfer set forth in Section 5 of this
Agreement.

2. Vesting.

     (a)  Vesting Schedule. The Units will vest (becoming "VESTED UNITS") on the
          earliest of the following dates (the "VESTING DATES"):

          (i)  100% on July 18, 2009, the third anniversary of the Grant Date;

          (ii) 100% on the date of the Participant's death;

          (iii) 100% upon a Participant's Job Elimination, provided that the
               Participant signs an agreement and release satisfactory to the
               Company;

          (iv) 100% upon the termination of the Participant's employment with
               the Company and its subsidiaries (the "COMPANY GROUP") within one
               (1) year following a Change in Control (x) by the Company Group
               for any reason other than for Cause or (y) by the Participant for
               Good Reason; or

          (v)  100% immediately prior to a Change in Control if, in connection
               with the Change in Control the Stock will no longer be listed on
               a recognized national securities exchange.

<PAGE>

     (b)  Continuous Relationship Required. Notwithstanding anything set forth
          in this Agreement, a Unit will not vest pursuant to Section 2(a)
          unless, on the applicable Vesting Date, the Participant is, and has
          been at all times since the Grant Date, a director, officer or
          employee of the Company Group.

     (c)  Cancellation upon Termination of Employment for Cause. If the
          Participant's employment or service with the Company is terminated for
          Cause, all Units (including all Vested Units that have not yet been
          settled pursuant to Section 6(a)) will be automatically and
          immediately cancelled.

3. Defined Terms. For purposes of this Agreement the following terms shall have
the meanings ascribed below.

     (a)  Cause. "CAUSE" shall mean (i) the Participant's material breach of any
          term of any agreement with the Company Group, including without
          limitation any violation of any confidentiality and/or non-competition
          agreements; (ii) the Participant's conviction for any act of fraud,
          theft, criminal dishonesty, or any felony; (iii) the Participant's
          engagement in illegal conduct, gross misconduct, or act involving
          moral turpitude which is materially and demonstrably injurious to the
          Company Group; or (iv) the Participant's willful failure (other than
          any such failure resulting from incapacity due to physical or mental
          illness), which failure is not cured within 30 days of written notice
          to the Participant from the Company Group, to perform his or her
          reasonably assigned material responsibilities to the Company Group.
          For purposes of (iv), no act or failure to act by the Participant
          shall be considered "willful" unless it is done, or omitted to be
          done, in bad faith and without reasonable belief that the
          Participant's action or omission was in the best interests of the
          Company Group.

     (b)  Change in Control. "CHANGE IN CONTROL" shall mean the occurrence of
          any of the following events at any time after the Grant Date:

          (i)  The acquisition by any individual, entity or group (within the
               meaning of Sections 13(d) and 14(d) of the Securities Exchange
               Act of 1934, as amended (the "EXCHANGE ACT") or any successor
               provisions thereto) of beneficial ownership (as defined in Rule
               13d-3 of the Exchange Act or any successor provision thereto),
               directly or indirectly, of securities of the Company representing
               more than 50% of the combined voting power of the Company's then
               outstanding voting securities; provided, however, that for
               purposes of this subsection (i), the following acquisitions shall
               be disregarded: (x) any acquisition by any employee benefit plan
               (or related trust) sponsored or maintained by the Company or any
               corporation controlled by the Company, (y) any acquisition by a
               corporation owned directly or indirectly by the stockholders of
               the Company in substantially the same proportions as their
               ownership of stock of the Company, or (z) any acquisition by
               Pearson plc or any of its subsidiaries ("PEARSON");

                                      -2-

<PAGE>

          (ii) The consummation of a merger, consolidation, or reorganization of
               the Company with or involving any other entity or the sale or
               other disposition of all or substantially all of the Company's
               assets (any of these events being a "BUSINESS COMBINATION"),
               unless, immediately following such Business Combination, at least
               one of the following conditions is satisfied:

               (x)  all or substantially all of the individuals and entities who
                    were the beneficial owners of the outstanding voting
                    securities of the Company immediately prior such Business
                    Combination beneficially own, directly or indirectly, at
                    least 50% of the combined voting power of the voting
                    securities of the resulting or acquiring entity in such
                    Business Combination (which shall include, without
                    limitation, a corporation which as a result of such Business
                    Combination owns the Company or substantially all of the
                    Company's assets either directly or through one or more
                    subsidiaries) (such resulting or acquiring entity is
                    referred to herein as the "SURVIVING ENTITY") in
                    substantially the same proportions as their ownership of the
                    outstanding voting securities of the Company immediately
                    prior to such Business Combination, or

               (y)  Pearson beneficially owns, directly or indirectly, 50% or
                    more of the combined voting power of the then-outstanding
                    voting securities of the Surviving Entity; or

          (iii) The stockholders of the Company approve a plan of complete
               liquidation of the Company.

          Notwithstanding the foregoing, a Change in Control will not be deemed
          to have occurred with respect to the Participant if the Participant is
          part of a purchasing group that consummates the Change in Control
          transaction. The Participant shall be deemed "part of a purchasing
          group" for purposes of the preceding sentence if the Participant is
          either directly or indirectly an equity participant in the purchasing
          group (except for (A) passive ownership of less than 3% of the stock
          of the purchasing group, or (B) ownership of equity participating in
          the purchasing group which is otherwise not significant, as determined
          prior to the Change in Control by the Committee).

     (c)  Good Reason. "GOOD REASON" shall mean any significant diminution in
          the Participant's title, authority, or responsibilities or any
          reduction in the Participant's annual base cash compensation of more
          than 10%.

     (d)  Job Elimination. "JOB ELIMINATION" shall mean termination of the
          Participant's employment with the Company Group as a result of a
          reduction in force, job elimination, redundancy or similar event
          pursuant to which the Participant is eligible for benefits under the
          Company Group's severance policy, program or practice applicable to
          the Participant.

                                      -3-

<PAGE>

4. Shareholder Rights; Dividend Equivalent Rights.

     The Participant shall have no rights as a shareholder of the Company with
respect to the Units prior to settlement in accordance with Section 6. With
respect to declared dividends, if any, with record dates that occur prior to the
settlement of any Units, the Participant will be credited with additional Units
having a value equal to that which the Participant would have been entitled if
the Participant's unsettled Units had been actual shares of Stock, based on the
Fair Market Value of a share of Stock on the applicable dividend payment date
rounded down to the nearest whole Unit. Any such additional Units shall be
considered Units under this Agreement and shall also be credited with additional
Units to the extent dividends, if any, are declared, and shall be subject to all
of the terms and conditions of the Plan Documents. Upon cancellation of the
underlying Units, all additional Units credited as dividend equivalents pursuant
to this Section 4 shall also be cancelled.

5. Restrictions on Transfer.

     The Participant shall not, whether voluntarily or involuntarily, sell,
assign, transfer, pledge, hypothecate or otherwise dispose of, by operation of
law or otherwise, (collectively "TRANSFER") any Units, or any interest therein,
except as provided in the Plan or by will or the laws of descent and
distribution. Any transfer of the Participant's Units made, or any attachment,
execution, garnishment, or lien issued against or placed upon Units, other than
as so permitted, shall be void.

6. Settlement of Units.

     (a)  Settlement Date. Subject to Section 6(c) below, each Vested Unit will
          be settled by the delivery of one (1) share of Stock to the
          Participant (or in the event of the Participant's death, to the
          Participant's estate or designated beneficiary) ten (10) business days
          (or as soon as administratively practicable thereafter) following the
          applicable Vesting Date in accordance with Section 2(a); provided,
          however, that in no event shall settlement occur later than March 15th
          of the year immediately following the year in which the Vesting Date
          occurs.

     (b)  Automatic Settlement of Vested Units Upon a Cessation of Public
          Trading following a Change in Control. If, in connection with a Change
          in Control the Stock will no longer be listed on a recognized national
          securities exchange, all Units will automatically be settled upon the
          effective date of the Change in Control.

     (c)  Specified Employees. Notwithstanding any provision of the Plan
          Documents to the contrary, if, upon the Participant's termination of
          employment with the Company Group for any reason, the Company
          determines the Participant is a "specified employee" for purposes of
          Section 409A of the Code and the regulations and guidance promulgated
          thereunder ("SECTION 409A") the Units may not be settled before the
          earlier of (i) the first business day following the date which is six
          (6) months after the Participant's termination of employment for any

                                      -4-

<PAGE>

          reason other than death or (ii) the date of the Participant's death.
          The provisions of this Section 6(c) shall only apply if required to
          comply with Section 409A.

7. Withholding Taxes.

     The Company shall be entitled to require the Participant, prior to delivery
of any shares of Stock, to remit to the Company an amount sufficient to satisfy
any U.S. federal, state, local and/or foreign income tax, social tax or other
applicable payroll tax withholding requirements. The Company shall also have the
right to deduct from all cash, securities and other consideration payable to the
Participant (whether pursuant to or in connection with the Units or otherwise)
any applicable taxes or other amounts required to be withheld with respect to
the Units. The Company may, in its sole discretion, permit the Participant to
satisfy, in whole or in part, any withholding obligations by directing the
Company to (a) withhold shares of Stock that would otherwise be received in
connection with the settlement of the Units or (b) to repurchase shares of Stock
that were issued to such individual in accordance with all applicable laws,
rules and regulations and in accordance with such terms and conditions as the
Company may establish from time to time. Notwithstanding anything herein to the
contrary, the Participant's satisfaction of any such tax withholding
requirements shall be a condition precedent to the Company's obligation as may
otherwise be provided hereunder to provide Stock to the Participant. In no event
shall the Company withhold taxes in excess of the amount required by applicable
laws, rules and regulations.

     BY ACCEPTING THE UNITS, THE PARTICIPANT ACKNOWLEDGES AND AGREES THAT HE/SHE
HAS REVIEWED WITH HIS/HER OWN TAX ADVISORS THE FEDERAL, STATE, LOCAL AND FOREIGN
TAX CONSEQUENCES OF THE TRANSACTIONS CONTEMPLATED BY THIS AGREEMENT. THE
PARTICIPANT IS RELYING SOLELY ON SUCH ADVISORS AND NOT ON ANY STATEMENTS OR
REPRESENTATIONS OF THE COMPANY OR ANY OF ITS AGENTS. THE PARTICIPANT UNDERSTANDS
THAT THE PARTICIPANT (AND NOT THE COMPANY) SHALL BE RESPONSIBLE FOR THE
PARTICIPANT'S OWN TAX LIABILITY THAT MAY ARISE AS A RESULT OF THE TRANSACTIONS
CONTEMPLATED BY THIS AGREEMENT.

8. No Entitlements

     (a) No Effect on Compensation. The Units are discretionary awards. The Plan
Documents do not confer on the Participant any right or entitlement to receive
compensation or bonus in any specific amount for any future fiscal year, and do
not diminish in any way the Company Group's discretion to determine the amount,
if any, of the Participant's compensation and bonus. The Units do not constitute
salary, wages, ordinary compensation, recurrent compensation or contractual
compensation for the year of grant or any later year and shall not be included
in, nor have any effect on, the determination of employment-related rights or
benefits under law or any employee benefit plan or similar arrangement provided
by the Company Group (including, without limitation, severance and pension
benefits), unless otherwise specifically provided for under the terms of such
plan or arrangement or by the Company.

     (b) No Right to Future Awards. The Participant's award of Units is
discretionary. Neither the Plan Documents nor the grant of the Units or any
other awards confers on the Participant any right or entitlement to receive
another award under the Plan at any time in the future or with respect to any
future period.

                                      -5-

<PAGE>

     (c) No Right to Continued Employment. The Plan Documents do not constitute
an employment agreement and nothing in the Plan Documents shall modify the terms
of the Participant's employment, including, without limitation, the
Participant's status as an "at will" employee of the Company Group, if
applicable. None of the Plan Documents, the grant of Units, nor any action taken
or omitted to be taken under the Plan Documents shall be deemed to create or
confer on the Participant any right to be retained in the employ of the Company
Group, or to interfere with or to limit in any way the right of the Company
Group to terminate the Participant's employment at any time (including, without
limitation, prior to vesting or settlement).

     (d) Effects of an Employment Contract; Waiver. The Units are awarded by
virtue of the Participant's employment with, and services performed for, the
appropriate entities within the Company Group. The existence of a contract of
employment between the Participant and any entity within the Company Group will
not confer upon the Participant any right or entitlement to participate in the
Plan or to receive awards thereunder, or any expectation that the Participant
might participate in the Plan or receive additional Plan awards in the future.
Whether or not the Participant has a contract of employment with any entity
within the Company Group, the Participant's rights and obligations under the
terms of the Participant's office or employment shall not be affected by the
Participant's participation in the Plan. Subject to the terms of any applicable
employment agreement, the Company Group reserves the right, in its sole
discretion, to change the terms and conditions of the Participant's employment
including the division, subsidiary or department in which the Participant is
employed. By accepting the Units, the Participant waives any and all rights to
compensation or damages in consequence of the termination of the Participant's
office or employment for any reason whatsoever insofar as those rights arise or
may arise from the Participant's ceasing to have rights under, or be entitled to
receive payment in respect of, the Units as a result of such termination, or
from the loss or diminution in value of such rights or entitlements. This waiver
applies whether or not such termination amounts to wrongful discharge or unfair
dismissal.

9. No Advice. Nothing in the Plan Documents should be construed as providing the
Participant with financial, tax, legal or other advice with respect to the Units
or the receipt of Stock in connection therewith. The Company Group recommends
that the Participant consult with his/her's financial, tax, legal and other
advisors to provide advice in connection with the Units.

10. Securities Law Compliance. No shares of Stock shall be issued or transferred
under this Agreement unless the Company determines that such issue or transfer
is in compliance with all applicable federal, state, local and/or foreign
securities laws and regulations and to such approvals by any governmental
agencies or national securities exchanges that the Company determines are
advisable.

11. Miscellaneous.

     (a)  Restriction on Sale. Sale of Stock delivered in connection with
          settlement of Units may be restricted by the Company's Anti-Insider
          Trading Policy and/or Equity Interest Policy and any additional or
          replacement programs.

                                      -6-

<PAGE>

     (b)  Data Protection. To the extent reasonably necessary to administer the
          Plan and the rights attached to the Options, by accepting the Units:
          (i) the Participant acknowledges that the Company may process personal
          data about the Participant, including, but not limited to (x)
          information concerning this Agreement or the Units and any changes
          thereto, (y) other personal and financial data about the Participant,
          and (z) information about the Participant's participation in the Plan
          and shares of Stock acquired under the Plan from time to time; and
          (ii) the Participant gives explicit consent to the Company to (A)
          process any such personal data, and (B) transfer any such personal
          data outside the country in which the Participant lives, works or is
          employed, including, without limitation, to the Company and any of its
          subsidiaries and agents (including the outside stock plan
          administrator selected by the Company from time to time, the Company's
          legal and accounting advisors and any other person the Company may
          deem appropriate in its administration of the Plan) some of which are
          situated outside the Participant's country, including the United
          States, and may not offer as high a level of protection for personal
          information as the Participant's country. The Participant has the
          right to access and correct personal data by contacting a local Human
          Resources Representative. The personal information will remain
          strictly confidential and will only be kept on file during the
          duration of the Plan. The transfer of the information outlined here is
          important to the administration of the Plan and failure to consent to
          the transmission of such information may limit or prohibit the
          Participant from participating in the Plan.

     (c)  Severability. The invalidity or unenforceability of any provision of
          the Plan Documents shall not affect the validity or enforceability of
          any other provision of the Plan Documents, and each other provision of
          the Plan Documents shall be severable and enforceable to the extent
          permitted by law.

     (d)  Waiver. Any provision for the benefit of the Company Group contained
          in this Agreement may be waived, either generally or in any particular
          instance, by the Company.

     (e)  Binding Effect. This Agreement shall be binding upon and inure to the
          benefit of the Company and the Participant and their respective heirs,
          executors, administrators, legal representatives, successors and
          assigns, subject to the restrictions on transfer set forth in Section
          5 of this Agreement.

     (f)  Notice. All notices required or permitted hereunder shall be in
          writing and deemed effectively given upon personal delivery or five
          days after deposit in the United States Post Office, by registered or
          certified mail, postage prepaid, addressed to the other party hereto
          at the address the participant has most recently provided to the
          Company, or at such other address or addresses as either party shall
          designate to the other in accordance with this Section 11(f).

     (g)  Pronouns. Whenever the context may require, any pronouns used in this
          Agreement shall include the corresponding masculine, feminine or
          neuter forms,

                                      -7-

<PAGE>

          and the singular form of nouns and pronouns shall include the plural,
          and vice versa.

     (h)  Entire Agreement. The Plan Documents constitute the entire agreement
          between the parties, and supersede all prior agreements and
          understandings, relating to the subject matter of this Agreement.

     (i)  International Supplement. If the Participant is employed outside of
          the United States, he/she will also receive an "INTERNATIONAL
          SUPPLEMENT" that contains supplemental terms and conditions with
          respect to the Units depending on the country in which the Participant
          is employed. This Agreement should be read in conjunction with the
          International Supplement, if applicable, in order for the Participant
          to understand the terms and conditions applicable to the Units. In the
          event of any conflict or inconsistency between the International
          Supplement and this Agreement, the International Supplement shall
          govern and this Agreement shall be interpreted to minimize or
          eliminate any such conflict or inconsistency. We collectively refer to
          the Plan, this Agreement and the International Supplement as the "PLAN
          DOCUMENTS".

     (j)  Access to Plan/Incorporation by Reference. By accepting the Units the
          Participant hereby acknowledges that he/she has access to a copy of
          the Plan (in written or electronic form) as presently in effect and
          represents that he/she is familiar with its terms and provisions. The
          text and all of the terms and provisions of the Plan, as amended from
          time to time, are incorporated herein by reference, and this Agreement
          is subject to such terms and provisions in all respects. In the event
          of any conflict or inconsistency between the Plan and this Agreement
          or the International Supplement, the Plan shall govern and this
          Agreement or the International Supplement, as applicable, shall be
          interpreted to minimize or eliminate any such conflict or
          inconsistency. The Participant further acknowledges that the Units
          will be subject to any rules or regulations with respect to the
          administration of the Plan as may be adopted by the Company.

     (k)  Amendment. The Participant understands and accepts that the benefits
          granted under the Plan Documents are entirely at the discretion of the
          Company and that the Company retains the right to amend, modify or
          terminate the Plan Documents at any time, in its sole discretion and
          without notice; provided, however, that no such termination, amendment
          or modification of the Plan Documents may in any way adversely affect
          the Participant's rights with respect to the Units without the
          Participant's consent. Notwithstanding any provision set forth in the
          Plan Documents and subject to all applicable laws, rules and
          regulations, the Company shall have the power to: (i) without the
          Participant's consent, alter or amend the terms and conditions of the
          Units in any manner that the Company considers necessary or advisable,
          in its sole discretion, to comply with, or take into account changes
          in, or interpretations of, applicable tax laws, securities laws,
          employment laws, accounting rules and other applicable laws, rules or
          regulations or (ii) to ensure that the Units are not subject to
          federal, state, local or foreign taxes prior to settlement. Any
          alteration or amendment of the terms of the Units by the

                                      -8-

<PAGE>

          Company shall, upon adoption, become and be binding on all persons
          affected thereby without requirement for consent or other action with
          respect thereto by any such person. The Company shall give written
          notice to the Participant of any such alteration or amendment as
          promptly as practicable after the adoption thereof.

     (l)  Section 409A. Payments contemplated with respect to the Units are
          intended to comply with the short-term deferral exemption under
          Section 409A. Notwithstanding any contrary provision in the Plan
          Documents, if any provision of the Plan Documents contravenes any
          regulations or guidance promulgated under Section 409A or could cause
          the Units to be subject to additional taxes, accelerated taxation,
          interest or penalties under Section 409A, the Company may, in its sole
          discretion and without the Participant's consent, modify the Plan
          Documents: (i) to comply with, or avoid being subject to, Section
          409A, or to avoid the imposition of any taxes, accelerated taxation,
          interest or penalties under Section 409A, and (ii) to maintain, to the
          maximum extent practicable, the original intent of the applicable
          provision without contravening the provisions of Section 409A. This
          Section 11(l) does not create an obligation on the part of the Company
          to modify the Plan Documents and does not guarantee that the Units
          will not be subject to interest or penalties under Section 409A.

     (m)  Governing Law; Forum Selection. This Agreement and the Units will be
          subject to all applicable laws, rules, and regulations, and to such
          approvals by any governmental agencies or stock exchanges as may be
          required. This Agreement shall be construed, interpreted and enforced
          in accordance with the internal laws of the State of Delaware without
          regard to any applicable conflicts or choice of law, rule or principle
          that might otherwise refer the interpretation of the award to the
          substantive law of another jurisdiction. By accepting the Units, the
          Participant hereby consents to and agrees to submit to, exclusive
          jurisdiction in the courts of the State of Delaware with respect to
          disputes arising out of the Units or the Plan Documents.

INTERACTIVE DATA CORPORATION

STUART J. CLARK
President and Chief Executive Officer

                                      -9-exv10w1

 

Exhibit 10.1

JUNE 9, 2006

Mr. Benjamin Palleiko

One Meadowland Drive

Hopkinton, Ma 01748

Dear Ben:

I am pleased to formally extend to you an offer of employment with Penwest Pharmaceuticals Co. The
purpose of this letter is to confirm and clarify various elements of your offer.

	 	 	 	 	 
	•

	 	Assignment:
	 	You will assume the responsibility of Senior Vice President,
Corporate Development and Chief Financial Officer reporting to
Jennifer Good, President & CEO.
	 
	 	 	 	 
	•

	 	Annual Salary:
	 	Your starting salary will be $285,000 per year or $23,750 per month.
	 
	 	 	 	 
	•

	 	Stock Options:
	 	150,000 shares of non-qualified stock options in Penwest Pharmaceuticals Co. Shares will
vest at 25% a year over a four-year period and will be priced at market value on your start
date.
	 
	 	 	 	 
	•

	 	Bonus Incentive Program:
	 	You will be eligible to participate in the Penwest annual bonus incentive Program
with a payment opportunity of up to 30% of your base salary subject to individual and company performance
targets. There will be no pro-rate on your first year bonus with the company.
	 
	 	 	 	 
	•

	 	Executive Retention Agreement:
	 	You will be entitled to an executive retention agreement to be
signed on Retention the hire date. This agreement,
subject to the details outlined in the plan Agreement document, will in essence provide you
with 12 months plus
2 weeks pay for
each full year of
employment with the
Company in the
event of
termination of
employment other
than for cause.
The agreement will
also provide that
all stock options
held by the
executive will be
accelerated in full
and free of any
right of repurchase
by the Company.
Please refer to the
signed plan
document for
complete terms and
conditions.
	 
	 	 	 	 
	•

	 	Annual Stock Option Grant:
	 	You will be eligible to participate in the annual stock option
grant given to Option Grant all employees based on both merit and
level within the company.
	 
	 	 	 	 
	•

	 	401(k) Savings Plan:
	 	You may contribute up to 15% of your pay, with a company match
Plan of $0.75 on the first 6% of your contribution
(subject to a 90 day waiting period and the next sign up date)
	 
	 	 	 	 
	•

	 	Stock Purchase Plan:
	 	You may purchase company
stock at a 15% discount through after-Plan tax payroll
deduction (subject to a 90 day waiting period and the next sign
up date).
	 
	 	 	 	 
	•

	 	Vacation:
	 	You will be entitled to four weeks
vacation per year. If beginning after March 1, your vacation
will be pro-rated for the year. This will continue until such
time as you fall within Penwest’s vacation policy bands.
	 
	 	 	 	 
	•

	 	Living Expenses:
	 	Penwest will reimburse you for living
expenses while in Danbury for up to 24 months, at which time the
arrangement will be revisited.

The above describes some of the terms of Penwest’s Compensation and Benefits programs, which may be
updated from time to time. The official documents govern in all cases.

 

 

This offer will be contingent upon successful completion of the procedures outlined in the enclosed
addendum, as well as verification of the information regarding your background and qualifications
that you provided on your resume/application.

I have attached our Company’s Proprietary Information Agreement and Conflict of Interest Policy as
well as authorization for drug testing and background search. Please sign the attachments along
with one copy of this offer letter and return them to me.

We hope that you view our offer as an indication of our confidence in your long-term success at
Penwest. We know you will be a strong addition to our team and believe you will find your
experience at Penwest to be challenging, rewarding and fun.

Sincerely,

/s/ Jennifer L. Good                     

Jennifer L. Good

President & CEO

	 	 	 	 	 
	Accepted:

	 	/s/ Benjamin L. Palleiko	 	 
	 

	 	 

By: Benjamin Palleiko

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00108-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00108-of-00352.parquet"}]]