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Exhibit 10.1    
    

MYRIAD GENETICS, INC.

Form of Executive Retention Agreement  

        THIS EXECUTIVE RETENTION AGREEMENT (this "Agreement"), by and between Myriad Genetics, Inc., a Delaware corporation (the "Company"),
and                        
(the "Executive"), is made as of February 17, 2005 (the "Effective Date"). 

        WHEREAS,
the Company recognizes that, as is the case with many publicly-held corporations, the possibility of a change in control of the Company exists and that such
possibility, and the uncertainty and questions which it may raise among key personnel, may result in the departure or distraction of key personnel to the detriment of the Company and its stockholders,
and 

        WHEREAS,
the Board of Directors of the Company (the "Board") has determined that appropriate steps should be taken to reinforce and encourage the continued employment and dedication of
the Company's key personnel without distraction from the possibility of a change in control of the Company and related events and circumstances. 

        NOW,
THEREFORE, as an inducement for and in consideration of the Executive remaining in its employ, the Company agrees that the Executive shall receive the benefits set forth in this
Agreement, including without limitation, those benefits in the event the Executive's employment with the Company is terminated under the circumstances described below subsequent to a Change in Control
(as defined in Section 1.1). 

        1.     Key Definitions.

        As
used herein, the following terms shall have the following respective meanings: 

        1.1   "Change in Control" means an event or occurrence set forth in any one or more of subsections (a) through
(d) below (including an event or occurrence that constitutes a Change in Control under one of such subsections but is specifically exempted from another such subsection): 

        (a)   the
acquisition by an individual, entity or group (within the meaning of Section 13(d) or 14(d) of the Securities Exchange Act of 1934, as amended (the "Exchange
Act")) (a "Person") of beneficial ownership of any capital stock of the Company if, after such acquisition, such Person beneficially owns (within the meaning of Rule 13d-3
promulgated under the Exchange Act) 20% or more of either (i) the then-outstanding shares of common stock of the Company (the "Outstanding Company Common Stock") or (ii) the
combined voting power of the then-outstanding securities of the Company entitled to vote generally in the election of directors (the "Outstanding Company Voting Securities");  provided, however, that for
purposes of this subsection (a), the following acquisitions shall not constitute a Change in Control: (i) any
acquisition directly from the Company (excluding an acquisition pursuant to the exercise, conversion or exchange of any security exercisable for, convertible into or exchangeable for common stock or
voting securities of the Company, unless the Person exercising, converting or exchanging such security acquired such security directly from the Company or an underwriter or agent of the Company),
(ii) any acquisition by the Company, or (iii) any acquisition by any employee benefit plan (or related trust) sponsored or maintained by the Company or any corporation controlled by the
Company; or 

        (b)   such
time as the Continuing Directors (as defined below) do not constitute a majority of the Board (or, if applicable, the Board of Directors of a successor corporation
to the Company), where the term "Continuing Director" means at any date a member of the Board (i) who was a member of the Board on the date of the execution of this Agreement or (ii) who
was nominated or elected subsequent to such date by at least a majority of the directors who were Continuing Directors at the time of such nomination or election or whose election to the Board was
recommended or endorsed by at least a majority of the directors 

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who
were Continuing Directors at the time of such nomination or election; provided, however, that there
shall be excluded from this clause (ii) any individual whose initial assumption of office occurred as a result of an actual or threatened election contest with respect to the election or
removal of directors or other actual or threatened solicitation of proxies or consents, by or on behalf of a person other than the Board; or 

        (c)   the
consummation of a merger, consolidation, reorganization, recapitalization or share exchange involving the Company or a sale or other disposition of all or
substantially all of the assets of the Company in one or a series of transactions (a "Business Combination"), unless, immediately following such Business Combination, the following condition is
satisfied: all or substantially all of the individuals and entities who were the beneficial owners of the Outstanding Company Common Stock and Outstanding Company Voting Securities immediately prior
to such Business Combination beneficially
own, directly or indirectly, more than 50% of the then-outstanding shares of common stock and the combined voting power of the then-outstanding securities entitled to vote
generally in the election of directors, respectively, of the resulting or acquiring corporation in such Business Combination (which shall include, without limitation, a corporation which as a result
of such transaction owns the Company or substantially all of the Company's assets either directly or through one or more subsidiaries) (such resulting or acquiring corporation is referred to herein as
the "Acquiring Corporation") in substantially the same proportions as their ownership, immediately prior to such Business Combination, of the Outstanding Company Common Stock and Outstanding Company
Voting Securities, respectively; or 

        (d)   approval
by the stockholders of the Company of a complete liquidation or dissolution of the Company. 

        1.2   "Change in Control Date" means the first date during the Term (as defined in Section 2) on which a Change in
Control occurs. Anything in this Agreement to the contrary notwithstanding, if (a) a Change in Control occurs, (b) the Executive's employment with the Company is terminated prior to the
date on which the Change in Control occurs, and (c) it is reasonably demonstrated by the Executive that such termination of employment (i) was at the request of a third party who has
taken steps reasonably calculated to effect a Change in Control or (ii) otherwise arose in connection with or in anticipation of a Change in Control, then for all purposes of this Agreement the
"Change in Control Date" shall mean the date immediately prior to the date of such termination of employment. 

        1.3   "Cause" means: 

        (a)   the
Executive's willful and continued failure to substantially perform his or her reasonable assigned duties (other than any such failure resulting from incapacity due
to physical or mental illness or any failure after the Executive gives notice of termination for Good Reason), which failure is not cured within 30 days after a written demand for substantial
performance is received by the Executive from the Board of Directors of the Company which specifically identifies the manner in which the Board of Directors believes the Executive has not
substantially performed the Executive's duties; or 

        (b)   the
Executive's willful engagement in illegal conduct or gross misconduct which is materially and demonstrably injurious to the Company. 

        For
purposes of this Section 1.3, no act or failure to act by the Executive shall be considered "willful" unless it is done, or omitted to be done, in bad faith and without
reasonable belief that the Executive's action or omission was in the best interests of the Company. 

        1.4   "Good Reason" means the occurrence, without the Executive's written consent, of any of the events or circumstances set
forth in clauses (a) through (f) below. 

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        (a)   the
assignment to the Executive of duties inconsistent in any material respect with the Executive's position (including status, offices, titles and reporting
requirements), authority or responsibilities in effect immediately prior to the earliest to occur of (i) the Change in Control Date, (ii) the date of the execution by the Company of the
initial written agreement or instrument providing for the Change in Control or (iii) the date of the adoption by the Board of Directors of a resolution providing for the Change in Control (with
the earliest to occur of such dates referred to herein as the "Measurement Date"), or any other action or omission by the Company which results in a material diminution in such position, authority or
responsibilities; 

        (b)   a
reduction in the Executive's annual base salary as in effect on the Measurement Date; 

        (c)   the
failure by the Company to (i) continue in effect any material compensation, pension, retirement or benefit plan or program (including without limitation any
401(k), life insurance, medical, health and accident or disability plan and any vacation program or policy) (a "Benefit Plan") in which the Executive participates or which is applicable to the
Executive immediately prior to the Measurement Date, unless an equitable arrangement (embodied in an ongoing substitute or alternative plan) has been made with respect to such plan or program,
(ii) continue the Executive's participation therein (or in such substitute or alternative plan) on a basis not materially less favorable, both in terms of the amount of benefits provided and
the level of the Executive's participation relative to other participants, than the basis existing immediately prior to the Measurement Date or (iii) award cash bonuses to the Executive in
amounts and in a manner substantially consistent with past practice; 

        (d)   a
change by the Company in the location at which the Executive performs his or her principal duties for the Company to a new location that is both (i) outside a
radius of 50 miles from the Executive's principal residence immediately prior to the Measurement Date and (ii) more than 50 miles from the location at which the Executive performed his or her
principal duties for the Company immediately prior to the Measurement Date; or a requirement by the Company that the Executive travel on Company business to a substantially greater extent than
required immediately prior to the Measurement Date; 

        (e)   the
failure of the Company to obtain the agreement from any successor to the Company to assume and agree to perform this Agreement, as required by Section 7.1; or 

        (f)    any
failure of the Company to pay or provide to the Executive any portion of the Executive's compensation or benefits due under any Benefit Plan within seven days of the
date such compensation or benefits are due, or any material breach by the Company of this Agreement or any employment agreement with the Executive. 

In
addition, in an effort to foster and retain the employment of the Executive following a Change in Control, the termination of employment by the Executive for any reason (except for those set forth
in section 1.4(a)-(f)), or no reason, during the 90-day period beginning on the first anniversary of the Change in Control Date shall be deemed to be termination for Good Reason for
all purposes under this Agreement; however, in the case of a termination of employment by the Executive pursuant to this paragraph, those benefits payable to the Executive under
section 4.1(a)(i)(2) shall be reduced by one-half. 

        The
Executive's right to terminate his or her employment for Good Reason shall not be affected by his or her incapacity due to physical or mental illness. 

        1.5   "Disability" means the Executive's absence from the full-time performance of the Executive's duties with the
Company for 180 consecutive calendar days as a result of incapacity due to mental or physical illness which is determined to be total and permanent by a physician selected by the Company or its
insurers and acceptable to the Executive or the Executive's legal representative. 

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        2.     Term of Agreement. This Agreement, and all rights and obligations of the parties hereunder, shall take effect upon the
Effective Date and shall expire upon the first to occur of (a) the expiration of the Term (as defined below) if a Change in Control has not occurred during the Term, (b) the date
24 months after the Change in Control Date, if the Executive is still employed by the Company as of such later date, or (c) the fulfillment by the Company of all of its obligations under
this Agreement if the Executive's employment with the Company terminates within 24 months following the Change in Control Date. "Term" shall mean the period commencing as of the Effective Date
and continuing in effect through December 31, 2015; provided, however, that commencing on January 1, 2016 and each January 1
thereafter, the Term shall be automatically extended for one additional year unless, not later than 90 days prior to the scheduled expiration of the Term (or any extension thereof), the Company
shall have given the Executive written notice that the Term will not be extended. 

        3.     Employment Status; Termination Following Change in Control. 

        3.1   Not an Employment Contract. The Executive acknowledges that this Agreement does not constitute a contract of employment
or impose on the Company any obligation to retain the Executive as an
employee and that this Agreement does not prevent the Executive from terminating employment at any time. If the Executive's employment with the Company terminates for any reason and subsequently a
Change in Control shall occur, the Executive shall not be entitled to any benefits hereunder except as otherwise provided pursuant to Section 1.2. 

        3.2   Termination of Employment. 

        (a)   If
the Change in Control Date occurs during the Term, any termination of the Executive's employment by the Company or by the Executive within 24 months following
the Change in Control Date (other than due to the death of the Executive) shall be communicated by a written notice to the other party hereto (the "Notice of Termination"), given in accordance with
Section 8. Any Notice of Termination shall: (i) indicate the specific termination provision (if any) of this Agreement relied upon by the party giving such notice, (ii) to the
extent applicable, set forth in reasonable detail the facts and circumstances claimed to provide a basis for termination of the Executive's employment under the provision so indicated and
(iii) specify the Date of Termination (as defined below). The effective date of an employment termination (the "Date of Termination") shall be the close of business on the date specified in the
Notice of Termination (which date may not be less than 15 days or more than 120 days after the date of delivery of such Notice of Termination) in the case of a termination other than one
due to the Executive's death. In the case of the Executive's death, the Date of Termination shall be the date of the Executive's death. In the event the Company fails to satisfy the requirements of
Section 3.2(a) regarding a Notice of Termination, the purported termination of the Executive's employment pursuant to such Notice of Termination shall not be effective for purposes of this
Agreement. 

        (b)   The
failure by the Executive or the Company to set forth in the Notice of Termination any fact or circumstance which contributes to a showing of Good Reason or Cause
shall not waive any right of the Executive or the Company, respectively, hereunder or preclude the Executive or the Company, respectively, from asserting any such fact or circumstance in enforcing the
Executive's or the Company's rights hereunder. 

        (c)   Any
Notice of Termination for Cause given by the Company must be given within 90 days of the occurrence (or if later, the discovery) of the event(s) or
circumstance(s) which constitute(s) Cause. Prior to any Notice of Termination for Cause being given (and prior to any termination for Cause being effective), the Executive shall be entitled to a
hearing before the Board of Directors of the Company at which he or she may, at his or her election, be represented by counsel and at which he or she shall have a reasonable opportunity to be heard.
Such hearing shall be held on not less than 15 days prior written notice to the Executive stating the Board of Directors' intention to terminate the Executive for Cause and 

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stating
in detail the particular event(s) or circumstance(s) which the Board of Directors believes constitutes Cause for termination. 

        (d)   Any
Notice of Termination for Good Reason given by the Executive must be given within 90 days of the occurrence of the event(s) or circumstance(s) which
constitute(s) Good Reason. 

        4.     Benefits to Executive. 

        4.1   Benefits. If a Change in Control Date occurs during the Term and the Executive's employment with the Company terminates
within 24 months following the Change in Control Date, the Executive shall be entitled to the following benefits: 

        (a)   Termination Without Cause or for Good Reason. If the Executive's employment with the Company is terminated by the Company
(other than for Cause, Disability or Death) or by the Executive for Good Reason within 24 months following the Change in Control Date, then the Executive shall be entitled to the following
benefits: 

        (i)    the
Company shall pay to the Executive the following amounts: 

        (1)   in
a lump sum, in cash, within 30 days after the Date of Termination, the sum of (A) the Executive's base salary through the Date of Termination,
(B) a pro rata current year bonus amount (calculated by dividing the number of full and partial months of the current fiscal year in which the Executive is employed through the Date of
Termination by 12, and multiplying this fraction by the highest annual bonus payment amount paid to Executive in the preceding three years), and (C) the amount of any compensation previously
deferred by the Executive (together with any accrued interest or earnings thereon) and any accrued vacation pay, in each case to the extent not previously paid (the sum of the amounts described in
clauses (A), (B), and (C) shall be hereinafter referred to as the "Accrued Obligations"); and 

        (2)   in
a lump sum, in cash, within 30 days after the Date of Termination, the sum of (A) three times the Executive's highest annual base salary at the Company
during the three-year period prior to the Change in Control Date and (B) three times the Executive's highest annual bonus amount at the Company during the three-year
period prior to the Change in Control Date; 

        (ii)   for
36 months after the Date of Termination, or such longer period as may be provided by the terms of the appropriate plan, program, practice or policy, the
Company shall continue to provide benefits to the Executive and the Executive's family at least equal to those which would have been provided to them if the Executive's employment had not been
terminated, in accordance with the applicable Benefit Plans in effect on the Measurement Date or, if more favorable to the Executive and his or her family, in effect generally at any time thereafter
with respect to other peer executives of the Company and its affiliated companies; provided, however,
that if the Executive becomes reemployed with another employer and is eligible to receive a particular type of benefits (e.g., health insurance benefits) from
such employer on terms at least as favorable to the Executive and his or her family as those being provided by the Company, then the Company shall no longer be required to provide those particular
benefits to the Executive and his or her family; and 

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        (iii)  to
the extent not previously paid or provided, the Company shall timely pay or provide to the Executive any other amounts or benefits required to be paid or provided
or which the Executive is eligible to receive following the Executive's termination of employment under any plan, program, policy, practice, contract or agreement of the Company and its affiliated
companies (such other amounts and benefits shall be hereinafter referred to as the "Other Benefits"). 

        (b)   Resignation without Good Reason; Termination for Death or Disability. If the Executive voluntarily terminates his or her
employment with the Company within 24 months following the Change in Control Date, excluding a termination for Good Reason, or if the Executive's employment with the Company is terminated by
reason of the Executive's death or Disability within 24 months following the Change in Control Date, then the Company shall (i) pay the Executive (or his or her estate, if applicable),
in a lump sum in cash within 30 days after the Date of Termination, the Accrued Obligations and (ii) timely pay or provide to the Executive the Other Benefits. 

        (c)   Termination for Cause. If the Company terminates the Executive's employment with the Company for Cause within
24 months following the Change in Control Date, then the Company shall only pay the Executive such amounts, and provide such benefits, as is required by law. 

        4.2   Vesting of Stock Options. Upon the occurrence of a Change in Control, the Company shall cause all Executive options to
purchase Company stock, which options were issued pursuant to the Company's employee stock option plans and which options are outstanding immediately prior to the Change in Control Date, to become
fully vested and exercisable as of the Change in Control Date. 

        4.3   Mitigation. The Executive shall not be required to mitigate the amount of any payment or benefits provided for in this
Section 4 by seeking other employment or otherwise. Further, the amount of any payment or benefits provided for in this Section 4 shall not be reduced by any compensation earned by the
Executive as a result of employment by another employer, by retirement benefits, by offset against any amount claimed to be owed by the Executive to the Company or otherwise. 

        4.4   Outplacement Services. In the event the Executive is terminated by the Company (other than for Cause, Disability or
Death), or the Executive terminates employment for Good Reason, within 24 months following the Change in Control Date, the Company shall provide outplacement services through one or more
outside firms of the Executive's choosing up to an aggregate of $25,000, with such services to extend until the first to occur of (i) 12 months following the termination of Executive's
employment, or (ii) the date the Executive secures full time employment. 

        4.5   Release. As a condition to Executive receiving the benefits under section 4.1(a)(i)(2) and (3), the Executive must
first execute and deliver to Company a general release of claims against the Company and its affiliates in a form substantially similar to the general release attached hereto as Exhibit A, and
such release, by its terms, has become irrevocable. 

        5.     Certain Additional Payments By Company. 

        5.1   General. Notwithstanding anything in this Agreement to the contrary and except as set forth in this Section 5, in
the event it shall be determined that any payment, benefit or distribution by the Company to or for the benefit of the Executive (whether paid or payable or distributed or distributable pursuant to
the terms of this Agreement or otherwise, but determined without regard to any additional payments required under this Section 5) (a "Payment") would be subject to the excise tax imposed by
section 4999 of the Internal Revenue Code of 1986, as amended, or any 

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interest
or penalties are incurred by the Executive with respect to such excise tax (such excise tax, together with any such interest and penalties, are hereinafter collectively referred to as the
"Excise Tax"), then the Executive shall be entitled to receive an additional payment (a "Gross-Up Payment") in an amount such that after payment by the Executive of all taxes, including,
without limitation, any income and payroll taxes (and any interest and penalties imposed with respect thereto) and Excise Tax imposed upon the Gross-Up Payment, the Executive retains an
amount of the Gross-Up Payment equal to the Excise Tax (including any interest or penalties imposed with respect to such taxes) imposed upon the Payments. 

        5.2   Procedures. Subject to the provisions of Section 5.3, all determinations required to be made under this
Section 5, including whether and when a Gross-Up Payment is required and the amount of such Gross-Up Payment and the assumptions to be utilized in arriving at such
determination, shall be made by KPMG LLP or such other certified public accounting firm as may be designated by the Executive and reasonably acceptable to the Company (the "Accounting Firm") which
shall provide detailed supporting calculations both to the Company and the Executive within 15 business days of the receipt of notice from the Executive that there has been a Payment, or such earlier
time as is requested by the Company. In the event that the Accounting Firm is serving as accountant or auditor for the individual, entity or group effecting the Change in Control, the Executive may
appoint another nationally recognized accounting firm and reasonably acceptable to the Company to make the determinations required hereunder (which accounting firm shall then be referred to as the
Accounting Firm hereunder). All fees and expenses of the Accounting Firm shall be borne solely by the Company. Any Gross-Up Payment, as determined pursuant to this Section 5, shall
be paid by the Company to the Executive within five business days of the receipt of the Accounting Firm's determination. Any determination by the Accounting Firm shall be binding upon the Company and
the Executive, subject to any determination otherwise by the Internal Revenue Service. As a result of the uncertainty in the application of Section 4999 of the Code at the time of the initial
determination by the Accounting Firm hereunder, it is possible that Gross-Up Payments which will not have been made by the Company should have been made ("Underpayment"), consistent with
the calculations required to be made hereunder. In the event that the Company exhausts its remedies
pursuant to Section 5.3 and the Executive thereafter is required to make a payment of any Excise Tax, the Accounting Firm shall determine the amount of the Underpayment that has occurred and
any such Underpayment shall be promptly paid by the Company to or for the benefit of the Executive. In addition, in certain instances an election may be made to recalculate the Excise Tax under
applicable law. The Company may exercise such election and cause a recalculation to be made by the Accounting Firm, subject to the other provisions hereof. 

        5.3   Notification of Claims. The Executive shall notify the Company in writing of any claim by the Internal Revenue Service
that, if successful, would require the payment by the Company of the Gross-Up Payment. The Executive shall not pay such claim prior to the expiration of the 30-day period
following the date on which it gives such notice to the Company (or such shorter period ending on the date that any payment of taxes with respect to such claim is due). If the Company notifies the
Executive in writing prior to the expiration of such period that it desires to contest such claim, the Executive shall: 

        (i)    give
the Company any information reasonably requested by the Company relating to such claim, 

        (ii)   take
such action in connection with contesting such claim as the Company shall reasonably request in writing from time to time, including, without limitation, accepting
legal representation with respect to such claim by attorneys reasonably selected by the Company, 

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        (iii)  cooperate
with the Company in good faith in order effectively to contest such claim, and 

        (iv)  permit
the Company to participate in any proceedings relating to such claim; provided, however, that the Company shall bear and pay directly all costs and expenses
(including additional interest and penalties) incurred in connection with such contest and shall indemnify and hold the Executive harmless, on an after-tax basis, for any Excise Tax or
income tax (including interest and penalties with respect thereto) imposed as a result of such representation and payment of costs and expenses. Without limitation on the foregoing provisions of this
Section 5.3, the Company shall control all proceedings taken in connection with such contest and, at its sole option, may pursue or forgo any and all administrative appeals, proceedings,
hearings and conferences with the taxing authority in respect of such claim and may, at its sole option, either direct the Executive to pay the tax claimed and sue for a refund or contest the claim in
any permissible manner, and the Executive agrees to prosecute such contest to a determination before any administrative tribunal, in a court of initial jurisdiction and in one or more appellate
courts, as the Company shall determine; provided, however, that if the Company directs the Executive to pay such claim and sue for a refund, the Company shall advance the amount of such payment to the
Executive, on an interest-free basis and shall indemnify and hold the Executive harmless, on an after-tax basis, from any Excise Tax or income tax (including interest or
penalties with respect thereto) imposed with respect to such advance or with
respect to any imputed income with respect to such advance; and further provided that any extension of the statute of limitations relating to payment of taxes for the taxable year of the Executive
with respect to which such contested amount is claimed to be due is limited solely to such contested amount. Furthermore, the Company's control of the contest shall be limited to issues with respect
to which a Gross-Up Payment would be payable hereunder and the Executive shall be entitled to settle or contest, as the case may be, any other issue raised by the Internal Revenue Service
or any other taxing authority. 

        5.4   Refunds. If, after the receipt by the Executive of an amount advanced by the Company pursuant to Section 5.3, the
Executive becomes entitled to receive any refund with respect to such claim, the Executive shall (subject to the Company's complying with the requirements of Section 5.3) promptly pay to the
Company the amount of such refund (together with any interest actually paid or credited thereon after taxes applicable thereto). If, after the receipt by the Executive of an amount advanced by the
Company pursuant to Section 5.3, a determination is made that the Executive shall not be entitled to any refund with respect to such claim and the Company does not notify the Executive in
writing of its intent to contest such denial of refund prior to the expiration of 30 days after such determination, then such advance shall be forgiven and shall not be required to be repaid
and the amount of such advance shall offset, to the extent thereof, the amount of Gross-Up Payment required to be paid. 

        5.5   Sarbanes Oxley Act. No provision of this Section 5 is intended to be in violation of the loan prohibitions of the
Sarbanes-Oxley Act and to the extent any payment would be in violation thereof, such amounts shall be deemed a payment to the Executive with no obligation to refund or otherwise repay. 

        6.     Disputes. 

        6.1   Settlement of Disputes; Arbitration. All claims by the Executive for benefits under this Agreement shall be directed to
and determined by the Board of Directors of the Company and shall be in writing. Any denial by the Board of Directors of a claim for benefits under this Agreement shall be delivered to the Executive
in writing and shall set forth the specific reasons for the denial and the specific provisions of this Agreement relied upon. The Board of Directors shall 

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afford
a reasonable opportunity to the Executive for a review of the decision denying a claim. Any further dispute or controversy arising under or in connection with this Agreement shall be settled
exclusively by arbitration in Salt Lake City, Utah, in accordance with the rules of the American Arbitration Association then in effect. Judgment may be entered on the arbitrator's award in any court
having jurisdiction. 

        6.2   Expenses. The Company agrees to pay as incurred, to the full extent permitted by law, all legal, accounting and other
fees and expenses which the Executive may reasonably incur as a result of any claim or contest (regardless of the outcome thereof) by the Company, the Executive or others regarding the validity or
enforceability of, or liability under, any provision of this Agreement or any guarantee of performance thereof (including as a result of any contest by the Executive regarding the amount of any
payment or benefits pursuant to this Agreement), plus in each case interest on any delayed payment at the applicable Federal rate provided for in Section 7872(f)(2)(A) of the Code. This
Section 6.2 shall not apply to any claim made by the Executive which is not made in good faith or which is determined by the arbitrator or a court to be frivolous. 

        6.3   Compensation During a Dispute. If the Change in Control Date occurs during the Term and the Executive's employment with
the Company terminates within 24 months following the Change in Control Date, and the right of the Executive to receive any benefits under this Agreement (or the amount or nature of the
benefits to which he or she is entitled to receive) are the subject of a dispute between the Company and the Executive, the Company shall continue (a) to pay to the Executive his or her base
salary in effect as of the Measurement Date and (b) to provide benefits to the Executive and the Executive's family at least equal to those which would have been provided to them, if the
Executive's employment had not been terminated, in accordance with the applicable Benefit Plans in effect on the Measurement Date, until such dispute is resolved either by mutual written agreement of
the parties or by an arbitrator's award pursuant to Section 6.1, but in no event more than 12 months after the date of such dispute. Following the resolution of such dispute, the sum of
the payments made to the Executive under clause (a) of this Section 6.3 shall be deducted from any cash payment which the Executive is entitled to receive pursuant to Section 4;
and if such sum exceeds the amount of the cash payment which the Executive is entitled to receive pursuant to Section 4, the excess of such sum over the amount of such payment shall be repaid
(without interest) by the Executive to the Company within 60 days of the resolution of such dispute. 

        7.     Successors. 

        7.1   Successor to Company. The Company shall require any Acquiring Corporation or any other successor (whether direct or
indirect, by purchase, merger, consolidation or otherwise) to at least one-third or more of Company's gross assets to expressly assume and agree to perform this Agreement to the same
extent that the Company would be required to perform it if no such succession had taken place. Failure of the Company to obtain an assumption of this Agreement at or prior to the effectiveness of any
succession shall be a breach of this Agreement and shall constitute Good Reason if the Executive elects to terminate employment, except that for purposes of implementing the foregoing, the date on
which any such succession becomes effective shall be deemed the Date of Termination. As used in this Agreement, "Company" shall mean the Company as defined above and any successor to its business or
assets as aforesaid which assumes and agrees to perform this Agreement, by operation of law or otherwise. 

        7.2   Successor to Executive. This Agreement shall inure to the benefit of and be enforceable by the Executive's personal or
legal representatives, executors, administrators, successors, heirs, distributees, devisees and legatees. If the Executive should die while any amount would still be payable to the Executive or his or
her family hereunder if the Executive had continued to live, all 

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such
amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Agreement to the executors, personal representatives or administrators of the Executive's estate. 

        8.     Notice. All notices, instructions and other communications given hereunder or in connection herewith shall be in writing.
Any such notice, instruction or communication shall be sent either (i) by registered or certified mail, return receipt requested, postage prepaid, or (ii) prepaid via a reputable
nationwide overnight courier service, in each case addressed to the Company, at 320 Wakara Way, Salt Lake City, Utah 84108, Attn: General Counsel, and to the Executive at the address for notices
indicated below (or to such other address as either the Company or the Executive may have furnished to the other in writing in accordance herewith). Any such notice, instruction or communication shall
be deemed to have been delivered five business days after it is sent by registered or certified mail, return receipt requested, postage prepaid, or one business day after it is sent via a reputable
nationwide overnight courier service. Either party may give any notice, instruction or other communication hereunder using any other means, but no such notice, instruction or other communication shall
be deemed to have been duly delivered unless and until it actually is received by the party for whom it is intended. 

        9.     Miscellaneous. 

        9.1   Employment by Subsidiary. For purposes of this Agreement, the Executive's employment with the Company shall not be deemed
to have terminated solely as a result of the Executive continuing to be employed by a wholly-owned subsidiary of the Company. 

        9.2   Severability. The invalidity or unenforceability of any provision of this Agreement shall not affect the validity or
enforceability of any other provision of this Agreement, which shall remain in full force and effect. 

        9.3   Injunctive Relief. The Company and the Executive agree that any breach of this Agreement by the Company is likely to
cause the Executive substantial and irrevocable damage and therefore, in the event of any such breach, in addition to such other remedies which may be available, the Executive shall have the right to
specific performance and injunctive relief. 

        9.4   Governing Law. The validity, interpretation, construction and performance of this Agreement shall be governed by the
internal laws of the State of Utah, without regard to conflicts of law principles. 

        9.5   Waivers. No waiver by the Executive at any time of any breach of, or compliance with, any provision of this Agreement to
be performed by the Company shall be deemed a waiver of that or any other provision at any subsequent time. 

        9.6   Counterparts. This Agreement may be executed in counterparts, each of which shall be deemed to be an original but both of
which together shall constitute one and the same instrument. 

        9.7   Tax Withholding. Any payments provided for hereunder shall be paid net of any applicable tax withholding required under
federal, state or local law. 

        9.8   Entire Agreement. This Agreement sets forth the entire agreement of the parties hereto in respect of the subject matter
contained herein and supersedes all prior agreements, promises, covenants, arrangements, communications, representations or warranties, whether oral or written, by any officer, employee or
representative of any party hereto in respect of the subject matter contained herein; and any prior agreement of the parties hereto in respect of the subject matter contained herein is hereby
terminated and cancelled. 

        9.9   Amendments. This Agreement may be amended or modified only by a written instrument executed by both the Company and the
Executive. 

10

 

        IN
WITNESS WHEREOF, the parties hereto have executed this Agreement as of the day and year first set forth above. 

	MYRIAD GENETICS, INC.	 	EXECUTIVE
	 	 	 	 	 
	

    
	

    
	
 	

 	

 
	

By:	

    
	
 	

Name:	

    

	

Title:	

    
	
 	

Address:	

    
    

	 	 	 	 	 

11

 
EXHIBIT A

GENERAL RELEASE  

        1.     General Release. In consideration of the payments and benefits to be made under that certain Executive Retention
Agreement, dated February    , 2005, (the "Agreement"),                        (the "Executive"), with the
intention of binding the Executive and the Executive's heirs, executors, administrators
and assigns, does hereby release, remise, acquit and forever discharge Myriad Genetics, Inc. (the "Company") and each of its subsidiaries and affiliates (the "Company Affiliated Group"), their
present and former officers, directors, executives, agents, attorneys, employees and employee benefits plans (and the fiduciaries thereof), and the successors, predecessors and assigns of each of the
foregoing (collectively, the "Company Released Parties"), of and from any and all claims, actions, causes of action, complaints, charges, demands, rights, damages, debts, sums of money, accounts,
financial obligations, suits, expenses, attorneys' fees and liabilities of whatever kind or nature in law, equity or otherwise, whether accrued, absolute, contingent, unliquidated or otherwise and
whether now known or unknown, suspected or unsuspected which the Executive, individually or as a member of a class, now has, owns or holds, or has at any time heretofore had, owned or held, against
any Company Released Party in any capacity, including, without limitation, any and all claims (i) arising out of or in any way connected with the Executive's service to any member of the
Company Affiliated Group (or the predecessors thereof) in any capacity, or the termination of such service in any such capacity, (ii) for severance or vacation benefits, unpaid wages, salary or
incentive payments, (iii) for breach of contract, wrongful discharge, impairment of economic opportunity, defamation, intentional infliction of emotional harm or other tort and (iv) for
any violation of applicable state and local labor and employment laws (including, without limitation, all laws concerning unlawful and unfair labor and employment practices), any and all claims based
on the Executive Retirement Income Security Act of 1974 ("ERISA"), any and all claims arising under the civil rights laws of any federal, state or local jurisdiction, including, without limitation,
Title VII of the Civil Rights Act of 1964 ("Title VII"), the Americans with Disabilities Act ("ADA"), Sections 503 and 504 of the Rehabilitation Act, the Family and Medical Leave Act, and any and all
claims under any whistleblower laws or whistleblower provisions of other laws, excepting only: 

        (a)   rights
of the Executive under this General Release and the Agreement; 

        (b)   rights
of the Executive relating to equity awards held by the Executive as of his or her Date of Termination (as defined in the Agreement); 

        (c)   the
right of the Executive to receive COBRA continuation coverage in accordance with applicable law; 

        (d)   rights
to indemnification the Executive may have (i) under applicable corporate law, (ii) under the by-laws or certificate of incorporation of
any Company Released Party or (iii) as an insured under any director's and officer's liability insurance policy now or previously in force; 

        (e)   claims
(i) for benefits under any health, disability, retirement, deferred compensation, life insurance or other, similar Executive benefit plan or arrangement of
the Company Affiliated Group and (ii) for earned but unused vacation pay through the Date of Termination in accordance with applicable Company policy; and 

        (f)    claims
for the reimbursement of unreimbursed business expenses incurred prior to the Date of Termination pursuant to applicable Company policy. 

        2.     No Admissions. The Executive acknowledges and agrees that this General Release is not to be construed in any way as an
admission of any liability whatsoever by any Company Released Party, any such liability being expressly denied. 

12

 

        3.     Application to all Forms of Relief. This General Release applies to any relief no matter how called, including, without
limitation, wages, back pay, front pay, compensatory damages, liquidated damages, punitive damages for pain or suffering, costs and attorney's fees and expenses. 

        4.     Specific Waiver. The Executive specifically acknowledges that his or her acceptance of the terms of this General Release
is, among other things, a specific waiver of his or her rights, claims and causes of action under Title VII, ADEA, ADA and any state or local law or regulation in respect of discrimination of any
kind; provided, however, that nothing herein shall be deemed, nor does anything herein purport, to be a waiver of any right or claim or cause of action which by law the Executive is not permitted to
waive. 

        5.     No Complaints or Other Claims. The Executive acknowledges and agrees that he or she has not, with respect to any
transaction or state of facts existing prior to the date hereof, filed any complaints, charges or lawsuits against any Company Released Party with any governmental agency, court or tribunal. 

        6.     Conditions of General Release. 

        (a)   Terms
and Conditions. From and after the Date of Termination, the Executive shall abide by all the terms and conditions of this General Release and the terms and any
conditions set forth in any employment or confidentiality agreements signed by the Executive, which is incorporated herein by reference. 

        (b)   Confidentiality.
The Executive shall not, without the prior written consent of the Company or as may otherwise be required by law or any legal process, or as is
necessary in connection with any adversarial proceeding against any member of the Company Affiliated Group (in which case the Executive shall cooperate with the Company in obtaining a protective order
at the Company's expense against disclosure by a court of competent jurisdiction), communicate, to anyone other than the Company and those designated by the Company or on behalf of the Company in the
furtherance of its business, any trade secrets, confidential information, knowledge or data relating to any member of the Company Affiliated Group, obtained by the Executive during the Executive's
employment by the Company that is not generally available public knowledge (other than by acts by the Executive in violation of this General Release). 

        (c)   Return
of Company Material. The Executive represents that he or she has returned to the Company all Company Material (as defined below). For purposes of this
Section 6(c), "Company Material" means any documents, files and other property and information of any kind belonging or relating to (i) any member of the Company Affiliated Group,
(ii) the current and former suppliers, creditors, directors, officers, employees, agents and customers of any of them or (iii) the businesses, products, services and operations
(including without limitation, business, financial and accounting practices) of any of them, in each case whether tangible or intangible (including, without limitation, credit cards, building and
office access cards, keys, computer equipment, cellular telephones, pagers, electronic devices, hardware, manuals, files, documents, records, software, customer data, research, financial data and
information, memoranda, surveys, correspondence, statistics and payroll and other employee data, and any copies, compilations, extracts, excerpts, summaries and other notes thereof or relating
thereto), excluding only information (x) that is generally available public knowledge or (y) that relates to the Executive's compensation or Executive benefits. 

        (d)   Cooperation.
Following the Termination Date, the Executive shall reasonably cooperate with the Company upon reasonable request of the Board and be reasonably available
to the Company with respect to matters arising out of the Executive's services to the Company Affiliated Group. 

13

 

        (e)   Nondisparagement.
The Executive agrees not to communicate negatively about or otherwise disparage any Company Released Party or the products or businesses of any of them
in any way whatsoever. 

        (f)    Nonsolicitation.
The Executive agrees that for the period of time beginning on the date hereof and ending on the second anniversary of the Executive's Date of
Termination, the Executive shall not, either directly or indirectly, solicit, entice, persuade, induce or otherwise attempt to influence any person who is employed by any member of the Company
Affiliated Group to terminate such person's employment by such member of the Company Affiliated Group. The Executive also agrees that for the same period of time he or she shall not assist any person
or entity in the recruitment of any person who is employed by any member of the Company Affiliated Group. The Executive's provision of a reference to or in respect of any individual shall not be a
violation this Section 6(f). 

        (g)   No
Representation. The Executive acknowledges that, other than as set forth in this General Release and the Agreement, (i) no promises have been made to him or
her and (ii) in signing this General Release the Executive is not relying upon any statement or representation made by or on behalf of any Company Released Party and each or any of them
concerning the merits of any claims or the nature, amount, extent or duration of any damages relating to any claims or the amount of any money, benefits, or compensation due the Executive or claimed
by the Executive, or concerning the General Release or concerning any other thing or matter. 

        (h)   Injunctive
Relief. In the event of a breach or threatened breach by the Executive of this Section 6, the Executive agrees that the Company shall be entitled to
injunctive relief in a court of appropriate jurisdiction to remedy any such breach or threatened breach, the Executive acknowledging that damages would be inadequate or insufficient. 

        7.     Voluntariness. The Executive agrees that he or she is relying solely upon his or her own judgment; that the Executive is
over eighteen years of age and is legally competent to sign this General Release; that the Executive is signing this General Release of his or her own free will; that the Executive has read and
understood the General Release before signing it; and that the Executive is signing this General Release in exchange for consideration that he or she believes is satisfactory and adequate. 

        8.     Legal Counsel. The Executive acknowledges that he or she has been informed of the right to consult with legal counsel and
has been encouraged to do so. 

        9.     Complete Agreement/Severability. This General Release constitutes the complete and final agreement between the parties and
supersedes and replaces all prior or contemporaneous agreements, negotiations, or discussions relating to the subject matter of this General Release. All provisions and portions of this General
Release are severable. If any provision or portion of this General Release or the application of any provision or portion of the General Release shall be determined to be invalid or unenforceable to
any extent or for any reason, all other provisions and portions of this General Release shall remain in full force and shall continue to be enforceable to the fullest and greatest extent permitted by
law. 

        10.   Acceptance. The Executive acknowledges that he or she has been given a period of twenty-one (21) days
within which to consider this General Release, unless applicable law requires a longer period, in which case the Executive shall be advised of such longer period and such longer period shall apply.
The Executive may accept this General Release at any time within this period of time by signing the General Release and returning it to the Company. 

        11.   Revocability. This General Release shall not become effective or enforceable until seven (7) calendar days after
the Executive signs it. The Executive may revoke his or her acceptance of this General Release at any time within that seven (7) calendar day period by sending written notice to the 

14

 

Company.
Such notice must be received by the Company within the seven (7) calendar day period in order to be effective and, if so received, would void this General Release for all purposes. 

        13.   Governing Law. Except for issues or matters as to which federal law is applicable, this General Release shall be governed
by and construed and enforced in accordance with the laws of the State of Utah without giving effect to the conflicts of law principles thereof. 

15

 

        IN
WITNESS WHEREOF, the Executive has executed this General Release as of the date last set forth below. 

	EXECUTIVE	 	 	 
	 	 	 	 	 
	

    
	
 	

Date:	

    

	

Name:	

    
	
 	

 	

 
	 	 	 	 	 

16

 

Attachment  

        On February 17, 2005 the Company entered into an Executive Retention Agreement for each of following executive officers utilizing the form included in this
Exhibit 10.1: 

Peter
D. Meldrum—President, Chief Executive Officer, Director

Gregory C. Critchfield, M.D.—President of Myriad Genetic Laboratories, Inc.

James S. Evans—Controller, Assistant Treasurer

Adrian N. Hobden, Ph.D.—President of Myriad Pharmaceuticals, Inc.

William A. Hockett III—Vice President of Corporate Communications

Jerry S. Lanchbury, Ph.D.—Senior Vice President Research

W. Wayne Laslie—Chief Operating Officer of Myriad Pharmaceuticals, Inc.

Richard M. Marsh, Esq.—Vice President, General Counsel and Secretary

Jay M. Moyes—Vice President of Finance and Chief Financial Officer

S. George Simon—Vice President of Business Development

Mark H. Skolnick, Ph.D.—Chief Scientific Officer, Director 

17

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Exhibit 10.6  

Your
reference:

Our reference: 

[Date] 

[Name]

[Practice]

[Location] 

Dear
[Name], 

I
am pleased to offer you a position as [Job Title] with Watson Wyatt Limited ("the Company") within our [Practice]. Please note that this offer is
conditional on the completion of the proposed acquisition of the business of Watson Wyatt LLP. 

This
letter (including Appendices 1 & 2) forms your contract of employment. 

Your
start date for the purposes of your continuous service with the Company will be the day after the acquisition of the business of Watson Wyatt LLP is completed, currently expected to be
approximately 30 June 2005 (the "Commencement Date").

Band and Location  

Your
job title will be Consulting Actuary and you will be employed at Band 6 level. You will be based in our [location] office
([Address]) although the Company will require you to travel to other locations within the United Kingdom and overseas as reasonably required in the performance of your duties.
You may also have the opportunity to be seconded for a period to another location in the UK or overseas. 

Mobility  

The
Company may ask you to change your place of work according to business needs. The Company will endeavour to give you reasonable notice of any relocation, and you may be given financial assistance
in accordance with the Company's policy on relocation subject to the rules in place from time to time. 

Hours of work  

Your
normal working hours will be Monday to Friday 9.00 am to 5.00 pm, with one hour for lunch, although work demands may make it necessary for you to
work outside of these hours. Your hours of work will be a minimum of 35 hours per week. 

Base Salary  

Your
base salary will be £[Salary] a year, paid monthly in arrears in 12 equal instalments, by credit transfer to your bank account, subject to income tax and
National Insurance deductions. Salaries are normally paid on the 25th of each month and reviewed annually each October. Your salary will next be reviewed in
October 2006.

Performance Bonus  

In
addition to your base salary, you will be entitled to be considered for the Company's performance related bonus scheme, subject to the rules in force from time to time, under which you may qualify
for a bonus. Your target bonus is 50% of your base salary. This bonus will be made up of two elements; 75% of your actual bonus will be paid in cash and 25% will be deferred as restricted stock units. 

The
bonuses payable under this scheme are discretionary and are payable annually (usually in September). They relate to service over the Company's financial year, which ended on the previous 30 June,
and reflect your personal performance in that year and the Company's overall financial 

performance.
Pro-rata payments are made for an initial period of service of less than one year or in cases of extended periods of absence during any year. A current condition of
eligibility for the bonus is that you are still in the Company's service on the date the bonus is actually paid, regardless of the circumstances of the termination of your employment and the exact
date of payment of bonuses for that year. 

The
Company reserves the right to amend or terminate its bonus provisions at any time with or without replacement. 

Stock Ownership  

All
associates are encouraged to share in the long-term success of Watson Wyatt Worldwide and to accumulate equity over time. The current stock ownership guideline for your Band level is
125% of total compensation (base salary plus target bonus). More information regarding stock ownership guidelines and opportunities will be provided to you at a later date. 

Notice Period  

Subject
to earlier termination in accordance with the terms of this Agreement, either the Company or you may terminate this Agreement by giving not less than six months' written notice. 

Instead
of requiring you to work during your notice period, the Company may, at its discretion give you payment of base salary and other contractual benefits for all or part of your unexpired notice
period, less such deductions as are required by law. There should be no expectation on your part that you will receive such a payment and for the avoidance of doubt this paragraph does not prevent the
Company from terminating your employment in breach of its terms. 

At
the Company's discretion, you may be placed on "gardening leave" for part or all of your notice period. During this period you will remain an employee of the Company, you will not be required to
undertake all or part of your duties, but may be asked to undertake special projects commensurate with your seniority and experience and/or may be asked to remain away from all or some of the
Company's premises. You will continue to receive your base salary and other contractual entitlements and you will be bound by all terms of your employment. You will not be able to work directly or
indirectly for any person, have any contact with any client of the Company or, for business purposes, any employee of the client without the prior written agreement of the Company. 

Termination without Notice  

The
Company may terminate the Employment without notice, or pay in lieu of notice, if at any time you: 

	(a)
	commit
any grave breach or persistent breach of your employment contract;

	(b)
	are
guilty of any conduct likely to have a serious adverse effect on the Company or any Associated Company;

	(c)
	for
any reason whatsoever wilfully neglect or refuse or omit to perform or through your own default or neglect become incapable of performing all or any of your duties obligations or
responsibilities under your contract of employment; or

	(d)
	are
convicted of any criminal offence involving dishonesty or any other criminal offence in respect of which a term of imprisonment is imposed (provided that you shall be
re-instated after any such termination in the event that the conviction is quashed on appeal). 

This
list is illustrative rather than exhaustive and further examples of gross misconduct are listed in the Disciplinary policy. 

Retirement  

Notwithstanding
any other provision of this Agreement, your employment will automatically cease on your 60th birthday without any notice being given. 

Holidays  

Your
annual paid holiday entitlement will be 30 working days. In addition to your holiday entitlement you will be entitled to take all public and statutory holidays that fall on your normal working
days. 

The
Company's holiday year runs from 1 October to 30 September. On 30 September each year you may carry up to 5 days unused holiday into the following holiday year for use by 31 December. Any
unused carry-over days are lost after this time. In exceptional circumstances the carry-over rules may be waived and extra holiday carried forward. In these circumstances any
extra carry-over will not be paid on leaving the Company. 

Your
entitlement accrues pro rata throughout each year. On the Commencement Date your existing holiday balance with Watson Wyatt LLP will transfer to your new employment. Holidays must be taken at
times agreed in advance with the Company, and the Company may require one day of your holiday entitlement per holiday year to be linked to the Christmas or New Year period. 

Maximum Salary for Benefits  

The
maximum annual base salary that the Company takes into account for the purpose of calculating any Final Salary pension, life assurance and long term sickness absence benefits (the "Maximum
Salary") is currently £88,000 (from 1 May 2004) and the Company reserves the right to change this sum from time to time. If your base salary exceeds the Maximum Salary, only the
Maximum Salary, not your base salary, will be used to calculate any Final Salary pension, life assurance and long term sickness absence benefit. References to base salary in relation to these benefits
in the remainder of this contract should be read subject to these provisions on Maximum Salary. 

Benefits Allowance  

You
will be paid a non-pensionable benefits allowance of 27% of your base salary for you to purchase benefits either privately or from those offered by the Company's flexible benefits
package and this is inclusive of your 12% car allowance. This will be paid monthly in the same way as your base salary. You are required to use your car allowance or otherwise ensure you have a fully
maintained and insured car available for business travel where public transport is not feasible. 

Pension  

It
is the Company's intention to offer a self funded Money Purchase pension scheme for you to join subject to the terms of such scheme. Further details will be provided in due course. 

Life Cover  

The
Company will put in place a policy of insurance which provides life cover equal to double the Maximum Salary. Such insurance will be subject to the rules of the policy in force from time to time. 

Sickness  

You
will be eligible to receive Statutory Sick Pay, provided you have complied with the Company's arrangements for notification of sickness absence, set out on Insite Europe. 

In
addition, the Company may provide discretionary sickness payments which vary according to your length of service. Regardless of the fact that your continuous service date is the Commencement Date,
you will receive sickness benefits as if you had completed 5 years' service with the Company. For more serious long-term sickness, you may be eligible for long term sickness absence
benefit. Full details of the above are set out on Insite Europe. 

Health Screening  

You
are eligible to have a regular health check, once every other year if you are under age 40 and annually if you are over age 40. This is provided at no cost to you, and full details are available
on
Insite Europe. The Company reserves the right to request you to have a medical examination by a doctor of the Company's choice at any stage during your employment, whether or not you are unable to
perform your duties as a result of ill health or injury. 

Data Protection  

The
Company processes employee information which is held for the purposes of operations, management, security or administration of the Company and for the purpose of complying with applicable laws,
regulations and procedures (the "Agreed Purposes"). Processing includes obtaining, holding, editing, destroying and disclosing employee information to third parties (for example insurers, pension
scheme trustees, banks and other employers following a business transfer or merger) and may include the transfer of employee information outside of the European Union, in particular to the United
States for the Agreed Purposes. You agree to provide your employee information to the Company and consent to the processing of employee information for the Agreed Purposes. 

If
your circumstances change at any time you should inform the HR Department as soon as possible in order to ensure that all information remains accurate. 

Code of Conduct  

You
will be expected to read and acknowledge the Watson Wyatt Worldwide Code of Conduct, which can be found on Insite. 

Disciplinary and Grievance Procedures  

The
Company's disciplinary and grievance procedures are set out on the HR pages of Insite Europe. 

Expenses Policy  

You
are entitled to reimbursement of reasonable expenses incurred in the performance of your duties, which must be submitted via the Company's expense system and accompanied by receipts or supporting
documents. Full details are set out on Insite Europe. 

Deductions  

If
you are in breach of the terms of this contract, the Company may withhold the payment of any money owing or due to be paid to you. The Company reserves the right to withhold or deduct any money
owing or due to be paid to it by you, from any money owing or due to be paid to you. 

Restrictive Covenants, Confidentiality, Exclusivity of Services and Intellectual Property  

You
agree to be bound by the provisions of Appendix 1. 

Electronic Communications Policy  

We
would like to draw your attention to the Company's policy on internet and email usage, please see Insite Europe for further information.

Third Parties  

This
Agreement is entered into by the Company for itself and in trust for each Associated Company with the intention that each company will be entitled to enforce the terms of this Agreement directly
against you. 

The
Contracts (Rights of Third Parties) Act 1999 will not create any rights in favour of you in relation to the benefits granted now or at any time in connection with your employment. 

Governing Law and Jurisdiction  

This
Agreement will be construed in accordance with English law and you and the Company irrevocably submit to the exclusive jurisdiction of the English Courts to settle any disputes which may arise in
connection with this Agreement. 

Associated Companies  

The
references to Associated Company means any company which is: a holding company (as defined by s736 Companies Act 1985) of the Company; a subsidiary (as defined by s736 Companies Act 1985) or a
subsidiary undertaking (as defined by s258 Companies Act 1985) of the Company or of any holding company of the Company; or a company over which the Company or any holding company of the Company has
control within the meaning of s416 Income and Corporation Taxes Act 1988. 

Next Steps  

Please
sign and return the duplicate copy of this letter to indicate your acceptance of our offer contained in this letter (including the Appendices) and the contractual extracts of Insite Europe.
Please note that this offer of employment is conditional upon the completion of the acquisition of the business of Watson Wyatt LLP by the Company and this contract will only become binding upon you
and the Company on the date of such completion. If there is anything that you do not understand or agree with please feel free to call me to discuss. 

Yours
sincerely 

Signed on behalf of Watson Wyatt Limited  

Signature: 

Name:
John Haley 

Date: 

Position: 

I accept the offer set out in this letter  

Signature: 

Date: 

 
 

APPENDIX 1
  Restrictive Covenants, Confidentiality, Exclusivity of Services and Intellectual Property    
    

Restrictive Covenants  

	1.1
	During
your employment and for a period of 12 months after the termination of your employment less any period during which you are not required to attend for work pursuant to
the garden leave arrangements detailed in the contract, you will not (except with prior written consent of the Company) directly or indirectly do or attempt to do any of the following:

	(a)
	entice,
induce or encourage a Client to transfer or remove custom from the Company; or an Associated Company;

	(b)
	solicit
or accept business from a Client for the supply of Competitive Services; or

	(c)
	entice,
induce or encourage an Employee to leave or seek to leave his or her position with the Company or any Associated Company for the purpose of being involved in or concerned with
either the supply of Competitive Services or a business which competes with or is similar to a Relevant Business or which plans to compete with a Relevant Business, regardless of whether or not that
Employee acts in breach of his or her contract of employment with the Company or any Associated Company by so doing and regardless of whether the Relevant Business is within or outside the Territory.

	1.2
	For
the purpose of this Paragraph 1:

	(a)
	"Competitive Services" means services identical or similar to or competitive with those which at any stage during the Relevant Period
the Company, any Associated Company or the Predecessor Firm was supplying or negotiating or actively and directly seeking to supply to any Customer for the purpose of a Relevant Business.

	(b)
	"Client" means a person:

	•
	who
is at the expiry of the Relevant Period or who was at any time during the Relevant Period a client of the Company, any Associated Company or the Predecessor Firm
(whether or not services were actually provided during such period) or to whom at the expiry of the Relevant Period the Company or any Associated Company was actively and directly seeking to supply
goods or services, in either case for the purpose of a Relevant Business; and

	•
	with
whom you or an Employee in a Relevant Business reporting directly to you had dealings at any time during the Relevant Period and/or for whom you were responsible and/or
about whom you were in possession of confidential information, in any such case in the performance of your duties to the Company, any Associated Company or the Predecessor Firm.

	(c)
	"Employee" means a person who:

	(i)
	is
employed by or who renders services to the Company or any Associated Company in a Relevant Business in a managerial or senior capacity; or

	(ii)
	has
responsibility for clients of the Company or any Associated Company or influence over them; or

	(iii)
	is
in possession of confidential information about the Company's or any Associated Company's business; 

and
who in any such case was so employed by or worked in any capacity (including as a partner) for the Company, any Associated Company and/or the Predecessor Firm and so rendered services during the
Relevant Period and who: 

	•
	had
dealings with you during the Relevant Period; or 

	•
	about
whom at the end of the Relevant Period you had confidential or sensitive information by virtue of your duties.

	(d)
	"Predecessor Firm" means the firm of Watson Wyatt LLP together with any subsidiary companies of Watson Wyatt LLP whose business was
transferred to the Company.

	(e)
	"Relevant Business" means any business of the Company, any Associated Company or the Predecessor Firm in which, pursuant to your
duties, you were materially involved at any time during the Relevant Period.

	(f)
	"Relevant Period" means:

	(i)
	in
relation to the provisions of this Appendix which apply during the course of your employment the period you worked, in whatever capacity (including as a partner), for
the Predecessor Firm; and

	(ii)
	in
relation to the provisions of this Appendix which apply following the end of your employment, the period of twelve months ending on the effective date of termination
of your employment under this Agreement, which shall include any period worked by you in any capacity (including as a partner) in the Predecessor Firm during that twelve month period.

	1.3
	Each
Sub-paragraph and part of such Sub-paragraph of this Paragraph 1 constitutes an entirely separate and independent restriction and does not operate
to limit any other obligation owed by you, whether that obligation is express or implied by law. If any restriction is held to be invalid or unenforceable by a court of competent jurisdiction, it is
intended and understood by the parties that such invalidity or unenforceability will not affect the remaining restrictions.

	1.4
	You
acknowledge that each of the restrictions in this Paragraph 1 goes no further than is necessary for the protection of the Company's and each Associated Company's legitimate
business interests.

	1.5
	Before
accepting any offer of employment either during the Appointment or during the continuance of the restrictions in this Paragraph 1, you will immediately provide to the
person making such offer a complete signed copy of this Agreement. 

Confidentiality  

No
associate of the Company, either during or subsequent to any employment, may at any time disclose or make available to any person, or company (except as required by the Company) confidential
information relating to current or prospective business or to intellectual property, developed, used or possessed by the Company, or any of the companies associated with the Company. This includes but
is not limited to information relating to: 

	•
	any
of the systems, computer programs, software, confidential information, trade secrets, methods of doing business

	•
	marketing
strategy, business development and plans, sales reports and research results

	•
	business
methods and processes, technical information and know-how relating to the Company's business and which is not available to the public generally,
including inventions, designs, programs, techniques, database systems, formulae and ideas

	•
	business
contacts, lists of customers and suppliers and details of contracts with them and information on employees and the terms of their employment

	•
	budgets,
management accounts and other financial reports

	•
	information
of a confidential or sensitive nature or containing secret or unpublished information relating to clients or prospective clients of the Company and their
business planning, strategy, pricing, budgets, and accounts, and any unpublished price sensitive information relating to such 

clients
or prospective clients shares or securities provided from whatever source to the Company as part of its work or prospective work for such clients 

	•
	any
document marked "confidential". 

Associates
are prohibited from disclosing to any other person any matters relating to the work of the Company, or to any of its clients, without the permission of the Company. 

Unauthorised
access to confidential information is prohibited and failure to comply with this requirement may amount to gross misconduct. 

These
restrictions will not apply after employment has terminated to information which has become available to the public generally, otherwise than through unauthorised disclosure. 

Exclusivity of Services  

Associates
are required to devote their full time attention and abilities to their job duties while engaged in working for the Company and to use their best endeavours to promote its interests. 

No
associate may at any time undertake to do work connected with his or her employment or the general activities of the Company on their own behalf or on behalf of any other person or company without
prior approval in writing. 

No
associate may, without the prior written consent of the Company (such consent not to be unreasonably withheld), be in any way directly or indirectly engaged, concerned or interested in any other
business, undertaking or occupation. 

Intellectual Property  

Any
discovery, invention, secret process or improvement in procedure discovered, invented, developed or devised by an associate during employment with the Company (and whether or not in conjunction
with a third party) and in the course of the associate's duties affecting or relating to the business of the Company or capable of being used or adapted for use in it, should immediately be disclosed
to the Company and, subject to such rights as the associate may have under the Patents Act 1977, will belong to the Company. 

Any
trade mark, design or other copyright work created by an associate during employment with the Company (and whether or not in conjunction with a third party) in connection with, affecting or
relating to the business of the Company or capable of being used or adapted for use in it must immediately be disclosed to the Company and will belong to the Company. Associates agree not infringe any
rights in such works and will notify the Company immediately of any circumstances where such rights may have been infringed. 

Associates
will, at the Company's expense and upon request (whether during or after the termination of employment), execute such documents as may be necessary to implement the provisions of this
paragraph and vest all. 

 
 

APPENDIX 2
  Contractual Extracts from Insite Europe    
    

The
following extracts from Insite Europe (to the extent that they relate to your Band) form part of your contractual terms of employment. All other provisions of Insite Europe are
non-contractual. In the event of any conflict between this letter and the provisions of Insite Europe, this letter will take precedence in respect of the contractual status of provisions
of Insite Europe and in any other respect. 

The
information on Insite Europe may be amended at the Company's discretion from time to time to reflect changes in legislation, case law and normal working practices and you agree to be bound by
those amendments. While any variation to contractual terms will be notified to you in writing, non-contractual amendments will be posted on the HR page on Insite Europe. 

	•
	Car
Allowance

	•
	Holiday

	•
	Confidentiality,
secrecy and restrictive covenants

	•
	Directorship
and other external appointments

	•
	Financial
Services and Markets Act Compliance

	•
	Leaving
the firm

	•
	What
should I do if I want to resign?

	•
	What
notice period should I give?

	•
	How
will I receive my final pay?

	•
	What
should I do with the firm's property?

	•
	UK
office mobility 

 
 

SCHEDULE 1    
    

	 
	 	Salary
	 	27% Benefit

Allowance
	 	Total

	 
	 	(£)
 
	 	(£)
 
	 	(£)
 

	Chandrasekar Ramamurthy	 	208,223	 	56,220	 	264,443
	Paul N. Thornton	 	228,814	 	61,779	 	290,593
	Roger C. Urwin	 	228,614	 	61,725	 	290,339

QuickLinks

APPENDIX 1 Restrictive Covenants, Confidentiality, Exclusivity of Services and Intellectual Property

APPENDIX 2 Contractual Extracts from Insite Europe

SCHEDULE 1

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