Document:

EX-10.9

 Exhibit 10.9 
  

 
 By Hand 
 June 17, 2016

 Dr. Geoffrey F. Cox 
 480 Beacon St., #1 

Boston, MA 02115 
 Dear Geoff: 

Re:    Employment Agreement Amendment 

In a letter to you dated October 8, 2015, QLT committed to provide to you two grants of stock options defined in that letter as the “Additional
Options”.
 The October 8, 2015 letter stipulates that if your employment is terminated prior to April 22, 2016 you would receive certain
benefits. With the extension of the term of your employment pursuant to our letter to you dated April 7, 2016, we inadvertently failed to make certain appropriate adjustments to the corresponding provisions in that letter.

Therefore, the paragraph in your October 8, 2015 letter that states: 

“If your employment is terminated prior to April 22, 2016 pursuant to paragraph 4.2 of your Employment Agreement, then the Additional
Options that have been granted as of your Last Day will fully vest as of your Last Day and will be exercisable in accordance with the Stock Option Plan. Those Additional Options that have not been granted as of your Last Day are forfeited.”

 is hereby replaced with the following: 

“Notwithstanding the terms of any applicable stock option agreements, if your employment is terminated pursuant to paragraph 4.2 of your
Employment Agreement, then the Additional Options and any other stock options granted to you by QLT, or which QLT is obligated to grant to you, on or prior to your date of termination will fully vest as of your date of termination and will be
exercisable in accordance with the Stock Option Plan.” 
 In addition, the first sentence of paragraph 4.3 of your Employment Agreement, as amended by
the October 8, 2015 letter, is replaced with the following: 
 “In the event QLT terminates Dr. Cox’s employment as set out in
paragraph 4.2, Dr. Cox will be entitled to payment of an amount equal to the lesser of 2 months of Base Salary and the Base Salary for the period from the Last Day to the end of his then current term of employment (“Severance Pay”).”

 Your Employment Agreement dated October 23, 2014 as amended by letter agreements dated April 21, 2015, October 8, 2015 and April 7, 2016 (the
“Employment Agreement”) will remain unchanged and will continue to apply to your employment with QLT. 
 The capitalized terms that are not
defined in this letter have the same meaning as the same capitalized term in your Employment Agreement. 
  

					
		 	Page 1	  	initials             

 Please confirm your agreement to the terms of this letter by signing where indicated below and returning to us a
copy of this letter. 
 If you have any questions, please contact me. 
  

	
	 Yours truly,

	
	 QLT Inc.

	
	 /s/ Jeffrey Meckler

	 Mr. Jeffrey Meckler

	 Director

 I confirm that I agree to the terms and conditions of this letter. 

 

					
	 /s/ Geoffrey Cox
	  	 June 22, 2016
	  	
	 Dr. Geoffrey F. Cox
	  		  	

  
 Page 2EX-10.10

 Exhibit 10.10 
  

 
 By Hand 
 June 17, 2016

 Glen Ibbott 
 c/o 887 Great Northern Way, Suite 250 

Vancouver, BC 
 V5T 4T5 

Dear Glen: 
  

	Re:	Employment Agreement Amendment 

 Further to our recent discussions, this letter confirms our agreement to
amend your Employment Agreement dated January 5, 2015, as amended (the “Employment Agreement”) as follows: 
  

	2.2	Retention Bonus – In return for providing continued services under this Agreement, QLT will pay to Employee a cash retention bonus of CAD $60,000 less statutory withholdings payable 15 days following June 16, 2017
(the “Retention Bonus”) subject to the terms of this Agreement. The Retention Bonus will be paid provided Employee is an active employee of the Company for the full period from June 17, 2016 (the “Bonus Start Date”)
to June 16, 2017, inclusive (the “Retention Bonus Period”). In the event Employee is not an active employee throughout the Retention Bonus Period (i.e. Employee is on a leave from his/her employment for any reason except
approved vacation), then the amount of the Retention Bonus will be pro-rated by the ratio of the number of days Employee worked during the Retention Bonus Period to the number of working days in the Retention Bonus Period. In addition, if
Employee is not an active employee on June 16, 2017, then the payment date of the pro-rated Retention Bonus will be adjusted such that Employee will receive such payment owing within 15 days of his/her first day of return to work. Despite the
foregoing, 

  

	 	I.	in the event that either (1) Employee gives notice of resignation from his/her employment with the Company on or prior to June 16, 2017 or (2) just cause exists to terminate his/her employment prior to the payment date,
then Employee’s participation in and eligibility for the Retention Bonus will terminate and he/she will not receive any Retention Bonus; 

  

	 	II.	in the event the Company terminates Employee’s employment without cause on or prior to June 16, 2017, then the Company will pay to Employee the full Retention Bonus of CAD $60,000 within 15 days after
Employee’s termination date provided that if Employee is not an active employee throughout the Retention Bonus Period up to termination date then the Retention Bonus will be pro-rated by the ratio of the number of days he/she worked from the
Bonus Start Date to the termination date to the number of working days from the Bonus Start Date to the termination date.

  

					
		 	Page 1	  	initials             

 In addition to the Retention Bonus, QLT will grant to Employee 60,000 Restricted Stock Units
subject to the terms and conditions set out in the QLT 2000 Incentive Stock Plan and the applicable RSU agreement. 
 This amendment of your Employment
Agreement is effective as of the date of this letter. 
 Your Employment Agreement as amended by this letter will continue to govern your employment with
QLT Inc. 
 Please confirm your agreement to this amendment to your Employment Agreement by signing where indicated below and returning to us a copy of this
letter on or before June 30, 2016. 
 If you have any questions, please contact me. 

Yours truly. 
 QLT Inc. 

 

					
	 /s/ Geoffrey Cox
	  	 June 17, 2016
	  	
	 Dr. Geoffrey Cox
	  		  	
	 Interim CEO
	  		  	

 I confirm my agreement to the terms and conditions set out above. 

 

					
	 /s/ Glen Ibbott
	  	 June 22, 2016
	  	
	 Glen Ibbott
	  		  	

  
 Page 2EX-10.11

 Exhibit 10.11 
  

 
 By Hand 
 June 17, 2016

 Dori Assaly 
 c/o 887 Great Northern Way, Suite 250 

Vancouver, BC 
 V5T 4T5 

Dear Dori: 
  

	Re:	Employment Agreement Amendment 

 Further to our recent discussions, this letter confirms our agreement to
amend your Employment Agreement dated June 14, 2013, as amended (the “Employment Agreement”) as follows: 
  

	2.2	Retention Bonus – In return for providing continued services under this Agreement, QLT will pay to Employee a cash retention bonus of CAD $60,000 less statutory withholdings payable 15 days following June 16, 2017
(the “Retention Bonus”) subject to the terms of this Agreement. The Retention Bonus will be paid provided Employee is an active employee of the Company for the full period from June 17, 2016 (the “Bonus Start Date”)
to June 16, 2017, inclusive (the “Retention Bonus Period”). In the event Employee is not an active employee throughout the Retention Bonus Period (i.e. Employee is on a leave from his/her employment for any reason except
approved vacation), then the amount of the Retention Bonus will be pro-rated by the ratio of the number of days Employee worked during the Retention Bonus Period to the number of working days in the Retention Bonus Period. In addition, if
Employee is not an active employee on June 16, 2017, then the payment date of the pro-rated Retention Bonus will be adjusted such that Employee will receive such payment owing within 15 days of his/her first day of return to work. Despite the
foregoing, 

  

	 	I.	in the event that either (1) Employee gives notice of resignation from his/her employment with the Company on or prior to June 16, 2017 or (2) just cause exists to terminate his/her employment prior to the payment date,
then Employee’s participation in and eligibility for the Retention Bonus will terminate and he/she will not receive any Retention Bonus; 

  

	 	II.	in the event the Company terminates Employee’s employment without cause on or prior to June 16, 2017, then the Company will pay to Employee the full Retention Bonus of CAD $60,000 within 15 days after
Employee’s termination date provided that if Employee is not an active employee throughout the Retention Bonus Period up to termination date then the Retention Bonus will be pro-rated by the ratio of the number of days he/she worked from the
Bonus Start Date to the termination date to the number of working days from the Bonus Start Date to the termination date.

  

					
		 	Page 1	  	initials             

 In addition to the Retention Bonus, QLT will grant to Employee 60,000 Restricted Stock Units
subject to the terms and conditions set out in the QLT 2000 Incentive Stock Plan and the applicable RSU agreement. 
 This amendment of your Employment
Agreement is effective as of the date of this letter. 
 Your Employment Agreement as amended by this letter will continue to govern your employment with
QLT Inc. 
 Please confirm your agreement to this amendment to your Employment Agreement by signing where indicated below and returning to us a copy of this
letter on or before June 30, 2016. 
 If you have any questions, please contact me. 

 

					
	 Yours truly.
	  		  	
			
	 QLT Inc.
	  		  	
			
	 /s/ Geoffrey Cox
	  	 June 17, 2016
	  	
	 Dr. Geoffrey Cox
	  		  	
	 Interim CEO
	  		  	

 I confirm my agreement to the terms and conditions set out above. 

 

					
	 /s/ Dori Assaly
	  	 June 22, 2016
	  	
	 Dori Assaly
	  		  	

  
 Page 2EX-10.12

 Exhibit 10.12 
  

 
 By Hand 
 June 17, 2016

 Dr. Lana Janes 
 c/o 887 Great Northern Way, Suite 250 

Vancouver, BC 
 V5T 4T5 

Dear Lana: 
  

	Re:	Employment Agreement Amendment 

 Further to our recent discussions, this letter confirms our agreement to
amend your Employment Agreement dated January 1, 2010, as amended (the “Employment Agreement”) as follows: 
  

	2.2	Retention Bonus – In return for providing continued services under this Agreement, QLT will pay to Employee a cash retention bonus of CAD $60,000 less statutory withholdings payable 15 days following June 16, 2017
(the “Retention Bonus”) subject to the terms of this Agreement. The Retention Bonus will be paid provided Employee is an active employee of the Company for the full period from June 17, 2016 (the “Bonus Start Date”)
to June 16, 2017, inclusive (the “Retention Bonus Period”). In the event Employee is not an active employee throughout the Retention Bonus Period (i.e. Employee is on a leave from his/her employment for any reason except
approved vacation), then the amount of the Retention Bonus will be pro-rated by the ratio of the number of days Employee worked during the Retention Bonus Period to the number of working days in the Retention Bonus Period. In addition, if
Employee is not an active employee on June 16, 2017, then the payment date of the pro-rated Retention Bonus will be adjusted such that Employee will receive such payment owing within 15 days of his/her first day of return to work. Despite the
foregoing, 

  

	 	I.	in the event that either (1) Employee gives notice of resignation from his/her employment with the Company on or prior to June 16, 2017 or (2) just cause exists to terminate his/her employment prior to the payment date,
then Employee’s participation in and eligibility for the Retention Bonus will terminate and he/she will not receive any Retention Bonus; 

  

	 	II.	in the event the Company terminates Employee’s employment without cause on or prior to June 16, 2017, then the Company will pay to Employee the full Retention Bonus of CAD $60,000 within 15 days after
Employee’s termination date provided that if Employee is not an active employee throughout the Retention Bonus Period up to termination date then the Retention Bonus will be pro-rated by the ratio of the number of days he/she worked from the
Bonus Start Date to the termination date to the number of working days from the Bonus Start Date to the termination date.

  

					
		 	Page 1	  	initials             

 In addition to the Retention Bonus, QLT will grant to Employee 60,000 Restricted Stock Units
subject to the terms and conditions set out in the QLT 2000 Incentive Stock Plan and the applicable RSU agreement. 
 This amendment of your Employment
Agreement is effective as of the date of this letter. 
 Your Employment Agreement as amended by this letter will continue to govern your employment with
QLT Inc. 
 Please confirm your agreement to this amendment to your Employment Agreement by signing where indicated below and returning to us a copy of this
letter on or before June 30, 2016. 
 If you have any questions, please contact me. 

 

					
	 Yours truly.
	  		  	
			
	 QLT Inc.
	  		  	
			
	 /s/ Geoffrey Cox
	  	 June 17, 2016
	  	
	 Dr. Geoffrey Cox
	  		  	
	 Interim CEO
	  		  	

 I confirm my agreement to the terms and conditions set out above. 

 

					
			
	 /s/ Lana Janes
	  	 June 22, 2016
	  	
	 Dr. Lana Janes
	  		  	

  
 Page 2

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