Document:

Form of Stock Option agreement

 Exhibit 10.1 
  
 QUEST SOFTWARE, INC. 
  
 STOCK OPTION AGREEMENT 
  
 1999 STOCK INCENTIVE PLAN 
  
 THIS STOCK OPTION AGREEMENT (the “Agreement”) is entered into by and between QUEST SOFTWARE, INC., a California corporation (the
“Corporation”) and the Optionee identified in the Notice of Grant of Stock Option to which this Agreement is attached (the “Grant Notice”) as of the Grant Date specified in the Grant Notice. 
  
 RECITALS 
  
 A. The Corporation has adopted the Quest Software, Inc. 1999 Stock Incentive Plan (the “Plan”) in order to promote
the interests of the Corporation by providing eligible persons with an opportunity to acquire a proprietary interest, or otherwise increase their proprietary interest, in the Corporation as an incentive to remain in the Service of the Corporation
(or any Parent or Subsidiary). 
  
 B. Optionee is to render
valuable services to the Corporation (or a Parent or Subsidiary), and this Agreement is intended to carry out the purposes of the Plan in connection with the Corporation’s grant of an option to Optionee pursuant to the terms and provisions of
the Plan. 
  
 C. All capitalized terms in this Agreement shall
have the meaning assigned to them in the Plan. 
  
 NOW, THEREFORE,
it is hereby agreed as follows: 
  
 1. Grant of
Option. The Corporation hereby grants to Optionee, as of the Grant Date, an option to purchase up to the number of shares of Common Stock (“Option Shares”) specified in the Grant Notice. The Option Shares shall be purchasable
from time to time during the option term specified in Paragraph 2 at the Exercise Price specified in the Grant Notice (the “Exercise Price”). 
  
 2. Option Term. This option shall have a term of ten (10) years measured from the Grant Date and shall accordingly expire at the close of
business on the Expiration Date, unless sooner terminated in accordance with Paragraph 5 or 6. 
  
 3. Limited Transferability. This option may, in connection with the Optionee’s estate plan, be assigned in whole or in part during Optionee’s lifetime to one or more members of the
Optionee’s immediate family or to a trust established for the exclusive benefit of one or more such family members; provided, that the number of Option Shares with respect to which any such assignment shall be limited to the aggregate number of
Option Shares for which this option, at the time of assignment, shall have become exercisable in accordance with Paragraph 4 below. The assigned portion shall be exercisable only by the person or persons who acquire a proprietary interest in the
option pursuant to such assignment. The terms applicable to the assigned portion shall be the same as those in effect for this option immediately prior to such assignment and shall be set forth in such documents issued to the assignee as the
Corporation may deem appropriate. Should the Optionee die while holding this option, then this option shall be transferred in accordance with Optionee’s will or the laws of descent and distribution. 
  
 4. Dates of Exercise. This option shall become exercisable for
the Option Shares in one or more installments as specified in the Grant Notice. As the option becomes exercisable for such 

  

 
installments, those installments shall accumulate, and the option shall remain exercisable for the accumulated installments until the Expiration Date or
sooner termination of the option term under Paragraph 5 or 6. 
  
 5. Cessation of Service. The option term specified in Paragraph 2 shall terminate (and this option shall cease to be outstanding) prior to the Expiration Date should any of the following provisions become applicable:

  
 (a) If Optionee ceases to remain in Service
for any reason (other than death or Permanent Disability or in circumstances involving Detrimental Activities described in Section 6(b) below) while this option is outstanding, then Optionee shall have a 30-day period (commencing with the date of
such cessation of Service) during which to exercise this option, but in no event shall this option be exercisable at any time after the Expiration Date. 
  
 (b) If Optionee dies while this option is outstanding, then the personal representative of Optionee’s estate or the person or persons
to whom the option is transferred pursuant to Optionee’s will or in accordance with the laws of descent and distribution shall have the right to exercise this option. Such right shall lapse, and this option shall cease to be outstanding, upon
the earlier of (A) the expiration of the twelve (12)- month period measured from the date of Optionee’s death or (B) the Expiration Date. 
  
 (c) If Optionee ceases to remain in Service by reason of Permanent Disability while this option is outstanding, then Optionee shall have a
period of twelve (12) months (commencing with the date of such cessation of Service) during which to exercise this option, but in no event shall this option be exercisable at any time after the Expiration Date. 
  
 (d) During the limited period of post-Service
exercisability, this option may not be exercised in the aggregate for more than the number of Option Shares for which the option is exercisable at the time of Optionee’s cessation of Service. Upon the expiration of such limited exercise period
or (if earlier) upon the Expiration Date, this option shall terminate and cease to be outstanding for any otherwise exercisable Option Shares for which the option has not been exercised. To the extent this option is not exercisable for one or more
Option Shares at the time of Optionee’s cessation of Service, this option shall immediately terminate and cease to be outstanding with respect to those shares. 
  
 6. Detrimental Activities. 
  
 (a) If, at any time within (i) 12 months after Optionee ceases to remain in Service, or (ii) within 12
months after Optionee exercises any portion of this option, whichever is the latest, Optionee engages in any Detrimental Activity (as defined below) then (A) this option shall terminate effective immediately, unless terminated sooner by operation of
another term or condition of this option or the Plan, and shall cease to be outstanding, and (B) the Corporation may rescind any exercise of this option, in which case Optionee shall pay to the Corporation the amount of any Option Gain (as defined
below) realized or payment received as a result of the rescinded exercise. 
  
 (b) For purposes of this Agreement: “Detrimental Activity” includes: (1) engaging or participating, directly or indirectly, in any business that is in competition with or adverse to the business of the
Corporation in any manner whatsoever; (2) soliciting or otherwise inducing the Corporation’s employees to leave the Corporation’s business or employ; or (3) any other act of Misconduct (as such term is defined in the Plan); and
“Option Gain” means an amount equal to the gain represented by the Fair Market Value of the Common Stock on the Exercise Date over the Exercise Price, multiplied by the number of Option Shares purchased in such exercise, without regard to
any subsequent decrease or increase in the Fair Market Value of the Option Shares. 
  
 7. Adjustment in Option Shares. Should any change be made to the Common Stock by reason of any stock split, stock dividend, recapitalization, combination of shares, exchange of shares or other change affecting
the outstanding Common Stock as a class without the Corporation’s receipt of consideration, appropriate adjustments shall be made to the total number and/or class of securities subject 

  

 
to this option and the Exercise Price in order to reflect such change and thereby preclude any dilution or enlargement of benefits hereunder. 
  
 8. Shareholder Rights. The holder of this option shall not have
any shareholder rights with respect to the Option Shares until such person shall have exercised the option, paid the Exercise Price and become a holder of record of the purchased shares. 
  
 9. Manner of Exercising Option. 
  
 (a) In order to exercise this option with respect to all or any part of the Option Shares for which this
option is at the time exercisable, Optionee (or any other person or persons exercising the option) must take the following actions: 
  
 (i) Execute and deliver to the Corporation a Notice of Exercise (in the form attached to this Agreement) for the Option Shares for which
the option is exercised, which Notice may require the Optionee to certify in a manner acceptable to the Corporation that Optionee is in compliance with the terms and conditions of the Plan and this Agreement; and 
  
 (ii) Pay the aggregate Exercise Price for the purchased
shares in one or more of the following forms: 
  

	 	(A)	Cash, by wire transfer or check made payable to the Corporation; 

  

	 	(B)	a promissory note payable to the Corporation, but only to the extent authorized by the Plan Administrator in accordance with the Plan; 

  

	 	(C)	shares of Common Stock held by Optionee (or any other person or persons exercising the option) for the requisite period necessary to avoid a charge to the Corporation’s
earnings for financial reporting purposes and valued at Fair Market Value on the Exercise Date; or 

  

	 	(D)	to the extent the option is exercised for vested shares, through a special sale and remittance procedure pursuant to which Optionee shall concurrently provide irrevocable
instructions (I) to a Corporation-approved brokerage firm to effect the immediate sale of the purchased shares and remit to the Corporation, out of the sale proceeds available on the settlement date, sufficient funds to cover the aggregate Exercise
Price payable for the purchased shares plus all applicable Federal, state and local income and employment taxes required to be withheld by the Corporation by reason of such exercise and (II) to the Corporation to deliver the certificates for the
purchased shares directly to such brokerage firm in order to complete the sale transaction. 

  
 Except to the extent the sale and remittance procedure is utilized in connection with the option exercise, payment of the Exercise Price must accompany
the Notice of Exercise delivered to the Corporation in connection with the option exercise. 
  
 (iii) Make appropriate arrangements with the Corporation (or Parent or Subsidiary employing or retaining Optionee) for the satisfaction of
all Federal, state and local income and employment tax withholding requirements applicable to the option exercise. 
  
 (b) As soon as practical after the Exercise Date, the Corporation shall issue to or on behalf of Optionee (or any other person or persons
exercising this option) a certificate for the purchased Option Shares, with the appropriate legends affixed thereto. 
  
 (c) In no event may this option be exercised for any fractional shares. 
  

 10. Compliance with Laws and Regulations. 
  
 (a) The exercise of this option and the issuance of the
Option Shares upon such exercise shall be subject to compliance by the Corporation and Optionee with all applicable requirements of law relating thereto and with all applicable regulations of any stock exchange (or the Nasdaq National Market, if
applicable) on which the Common Stock may be listed for trading at the time of such exercise and issuance. 
  
 (b) The inability of the Corporation to obtain approval from any regulatory body having authority deemed by the Corporation to be
necessary to the lawful issuance and sale of any Common Stock pursuant to this option shall relieve the Corporation of any liability with respect to the non-issuance or sale of the Common Stock as to which such approval shall not have been obtained.
The Corporation, however, shall use its best efforts to obtain all such approvals. 
  
 11. Successors and Assigns. Except to the extent otherwise specifically provided in this Agreement, the provisions of this Agreement shall inure to the benefit of, and be binding upon, the Corporation
and its successors and assigns and Optionee, Optionee’s assigns and the legal representatives, heirs and legatees of Optionee’s estate. 
  
 12. Notices. Any notice required to be given or delivered to the Corporation under the terms of this Agreement shall be in writing and
addressed to the Corporation at its principal corporate offices. Any notice required to be given or delivered to Optionee shall be in writing and addressed to Optionee at the address indicated below Optionee’s signature line on the Grant
Notice. All notices shall be deemed effective upon personal delivery or upon deposit in the U.S. mail, postage prepaid and properly addressed to the party to be notified. 
  
 13. Construction. This Agreement and the option evidenced hereby are made and granted pursuant to the Plan and
are in all respects limited by and subject to the terms of the Plan. All decisions of the Plan Administrator with respect to any question or issue arising under the Plan or this Agreement shall be conclusive and binding on all persons having an
interest in this option. 
  
 14. Governing Law. The
interpretation, performance and enforcement of this Agreement shall be governed by the laws of the State of California without resort to that State’s conflict-of-laws rules.Separation Agreement

 Exhibit 10.1 
  
 SEPARATION AGREEMENT 
 AND RELEASE OF ALL CLAIMS 
  

	1.	This Separation Agreement and Release of All Claims (“Agreement”) is entered into between BioMarin Pharmaceutical Inc., including its officers, directors, managers,
agents, and representatives (“Company”) and Fredric D. Price (“Employee”). The purpose of this Agreement is to amicably conclude the employment relationship between the parties and to resolve any dispute or potential dispute that
may relate to Employee’s employment with the Company or the conclusion thereof. 

  

	2.	The Company and Employee acknowledge they are parties to an Amended and Restated Employment Agreement dated March 14, 2003 (“Employment Agreement”). This Agreement
supercedes and is in complete satisfaction of any and all rights and obligations that may exist under the Employment Agreement. The Employment Agreement is terminated and has no continuing effect after the Effective Date (as defined herein) of this
Agreement. 

  

	3.	Employee resigns from his employment as Chief Executive Officer and as a Member and Chairman of the Board of Directors of the Company (the “Board”) effective on the
Termination Date. 

  

	4.	Employee’s termination date for all purposes will be August 12, 2004 (“Termination Date”). 

  

	5.	Employee will cooperate with reasonable requests for information, at no expense to the Company other than Employee’s third party miscellaneous costs, if any, that the Company
may make from time to time through the Effective Date of this Agreement. Should assistance be requested by the Company after the Effective Date, the parties will mutually agree on the financial terms for such assistance. 

  

	6.	Company will continue Employee’s salary through the Termination Date. All salary earned through the Termination Date will be paid by the Company on the Termination Date.
Appropriate payroll taxes will be deducted therefrom. 

  

	7.	Any and all payments by the Company included in this Agreement shall be paid by wire transfer to the same account that is currently used by Employee for automatic payment of salary.
The Company will provide Employee, promptly after the Termination Date, a detailed schedule, with explanations, of all gross payments and deductions, including tax deductions. 

  

	8.	In partial exchange for the release and agreement described below, the Company agrees to pay Employee one million nine hundred seventeen thousand seventy-three and no/100 dollars
($1,917,073.00) in a lump sum (“Severance Payment”) on the day following the Effective Date of this Agreement. All appropriate taxes pertaining to the payment of the Severance Payment will be deducted from the Severance Payment.

  

	9.	In partial exchange for the release and agreement described below, the Company agrees to cancel that certain promissory note dated June 26, 2001, in the principal amount of
$860,000.00 made by Employee in favor of the Company (the “Note”) on the Effective 

  

 - 1 - 

 Date. The principal amount of the Note and all interest accrued thereon through the Termination Date,
which principal and interest on the Termination Date total, in the aggregate, $982,927.00, will be reported to the IRS as income in 2004. All appropriate taxes pertaining to the cancellation of the principal and accrued interest under the Note will
be deducted from Employee’s Severance Payment. The Company will, promptly after the Termination Date, deliver to Employee (i) the original copy of the Note marked “cancelled” and (ii) a Substitution of Trustee and Full Reconveyance of
that certain Deed of Trust and Assignment of Rents (recorded with the Marin County Recorder as document no. 2001-0068474 on October 19, 2001) made by Employee in favor of Company in connection with the Note. 
  

	10.	Employee’s Medical and Dental insurance will continue to be provided by the Company through August 31, 2004. Thereafter, Employee may continue his Medical and Dental insurance
benefits by making his own monthly COBRA health insurance continuation payments. The Company will provide Employee COBRA health insurance continuation information as required by law. 

  

	11.	Employee will receive a payment of $70,130.32 for all his accrued but unused vacation on the Termination Date. 

  

	12.	Employee will submit documentation to the Company for all his employment and Board of Director related expenses that are reimbursable under Company and Board policies by the
Termination Date, with the exception of phone or other similar expenses, which are billed to Employee on a monthly basis and have not been billed for the period ending August 12, 2004; such phone or other similar expenses will be submitted promptly
to the Company following receipt of the bill. The Company will pay Employee for all such expenses within five (5) business days of receipt of such documentation. 

  

	13.	Employee’s options granted pursuant to the BioMarin Pharmaceutical 1997 Stock Plan (the “Plan”) will continue to vest in accordance with the Plan through the
Termination Date. On the Termination Date, all vesting shall cease. All vested options as of the Termination Date, which as of the Termination Date will total options for 842,970 shares of the Company’s Common Stock, may be exercised by
Employee in accordance with the Plan for up to one year after the Termination Date. On the first anniversary of the Termination Date, all options which have vested as of the Termination Date but which are not exercised by such first anniversary in
accordance with the Plan shall terminate and cease to be outstanding. All options which have not vested as of the Termination Date shall terminate and cease to be outstanding as of the Termination Date. 

  

	14.	All of the 39,285 shares of Common Stock of the Company issued to Employee as restricted shares shall vest on the Termination Date, regardless of the vesting schedule therefor, and
shall be subject to the registration right set forth in Exhibit A, incorporated herein by reference, in accordance with the terms thereof. All appropriate taxes pertaining to the grant of such shares of Common Stock will be deducted from the
Severance Payment. 

  

	15.	Employee will no longer be eligible to participate in the Company’s Medical, Dental or Life Insurance Plans, 401(k) Plan, Short or Long-Term Disability Plans, Educational
Assistance Plan, Employee Stock Purchase Plan or other employee benefit plan(s) after the Termination Date. To the extent that the maximum amount of Company contributions to the 401(k) Plan for the year ending December 31, 2004 for Employee’s
benefit have not been made, Company will make such contributions prior to the Termination Date. 

  

 - 2 - 

	16.	Employee will return all Company property in his possession including but not limited to computers, cell phones, data bases and files before the Effective Date of this Agreement
with the exception of video conferencing equipment in Employee’s New York home, which will be sent back to the Company promptly when the Employee is at his New York home, on Saturday, August 14, 2004. Employee may retain his portable computer
and cell phone at no cost. Employee will make his portable computer available to an employee designated by the Company to ensure that there are no Company files on the portable computer. The portable computer will be available to the Employee
effective as of the close of business on August 12, 2004. 

  

	17.	On the Termination Date, Employee shall assume, at Employee’s expense, all of the Company’s obligations under that certain lease dated October 23, 2002, with BMW Financial
Services for the lease of that certain vehicle, vehicle identification number WBAGH834XYDP08505. 

  

	18.	Employee understands and agrees that no other monies or benefits except those specifically referenced herein are owed or will be paid to Employee by the Company. Employee agrees
that he will not seek from the Company any further compensation for any other claims, damages, costs, expenses, or attorneys fees. 

  

	19.	In consideration for the terms described herein, Employee, for Employee and Employee’s spouse, heirs, executors, representative and assigns, completely releases the Company and
all of its successors and assigns, from any and all claims, actions, and causes of action, including those which Employee has or might have concerning Employee’s employment with Company or the termination of employment, up to the Effective Date
of this Agreement. All such claims are forever barred by this Agreement and without regard as to whether those claims are based upon any alleged breach of contract or covenant of good faith and fair dealing; any alleged employment discrimination or
other unlawful discriminatory acts, including claims under Title VII, the Fair Employment and Housing Act, the Americans with Disabilities Act, the California Labor Code, The New York Human Rights Act, New York Labor Law, the Employee Retirement
Income Security Act; the Age Discrimination in Employment Act; the Older Workers Benefit Protection Act of 1990, any alleged tortious act resulting in physical injury, emotional distress, or damage to reputation or other damages; or any other claim
or cause of action. 

  

	20.	In consideration for the release and terms described above, the Company, its successors and assigns, completely releases Employee and all his successors and assigns, from any and
all claims, actions and causes of action, including those which the Company has or might have concerning the employment relationship between the parties or the termination of employment, up to the Effective Date of this Agreement. All such claims
are forever barred by this Agreement and without regard as to whether those claims are based upon any alleged breach of contract or covenant of good faith and fair dealing; any alleged tortious act resulting in physical injury, emotional distress,
or damage to reputation or other damages; or any other claim or cause of action. 

  

	21.	The parties acknowledge that California Civil Code Section 1542 provides as follows: 

  
 A GENERAL RELEASE DOES NOT EXTEND TO CLAIMS WHICH THE CREDITOR DOES NOT KNOW OR SUSPECT TO EXIST IN HIS FAVOR AT THE TIME OF
EXECUTING THE RELEASE, WHICH IF KNOWN BY HIM MUST HAVE MATERIALLY AFFECTED HIS SETTLEMENT WITH THE DEBTOR. 
  

 - 3 - 

 Being fully informed of this provision of the Civil Code, Employee and Company waive any rights under
that section, and acknowledge that this Agreement extends to all claims Employee or Company have or might have against one another, whether known or unknown. 
  

	22.	This agreement shall be binding upon the parties to this Agreement and upon their heirs, administrators, representatives, executors and assigns. This Agreement is not assignable by
Employee. Employee expressly warrants that he has not transferred to any person or entity any rights, causes of action or claims released in this Agreement. 

  

	23.	Employee agrees that he will not make negative comments about the Company’s employees, members of its board of directors, policies, practices, direction, finances, or
philosophy. The Board members and Officers of the Company will not make negative comments about Employee’s performance while he was employed by the Company. 

  

	24.	Employee agrees that he will keep the fact, terms and amount of this Agreement completely confidential and will not disclose any information concerning this Agreement to anyone
except Employee’s counsel, spouse, financial advisor or as required by law. Any violation of this provision will terminate the Company’s obligations under this Agreement. Similarly, the Company agrees to keep the fact, terms and amount of
this Agreement completely confidential and that the Company will not disclose any information concerning this Agreement to anyone outside the Company except Company’s counsel and pertinent accounting and HR professionals. However, Company may
make such disclosures as are required by law or as are necessary for legitimate business reasons, law enforcement or compliance purposes. 

  

	25.	Non-disclosure and Nonsolicitation. 

  

	 	(a)	Non-disclosure. Employee shall not either directly or indirectly, disclose or divulge to any other person, firm or corporation the names, addresses, preferences, prices being
charged or any other confidential information concerning or relating to any of the former or existing suppliers, contractors, employees or customers of the Company, or any parent, affiliate or subsidiary of the Company (collectively, the
“Customers”) with respect to the past, present or future business of the Company, or any parent, affiliate or subsidiary of the Company, or any secret, proprietary or confidential information concerning or relating to the past, present or
future business of the Company, or any parent, affiliate or subsidiary of the Company (collectively, “Confidential Information”), and he will not divert or attempt to divert any of the Customers or do any act to impair, prejudice or
destroy the goodwill of the Company with the Customers; provided, however, Confidential Information shall not include information which was known to the public prior to the date of communication thereof by the Company to Employee or which
subsequently became known to the public other than through communication by Employee; provided, further, such Confidential Information shall include, but shall not be limited to: 

  

	 	(i)	information regarding the Company’s proprietary research, technology, trade secrets, patented processes, market studies and forecasts, competitive 

  

 - 4 - 

 analyses, pricing policies, the substance of agreements with customers, suppliers and others, marketing
arrangements, training programs and arrangements, and other information, written and oral, relating to the Company’s technology, systems and products not generally available to the public; 
  

	 	(ii)	information regarding the Company’s trademarks, trade names, service marks, or patents; 

  

	 	(iii)	the Company’s equipment, management, internal policies, and other activities relating to the conduct of the Company’s business; and 

  

	 	(iv)	other data, developments, research, trade secrets, methods or techniques used by the Company in the conduct of its business. 

  

	 	(b)	Ownership of Intellectual Property. Employee acknowledges and agrees that all intellectual property (including without limitation all ideas, concepts, inventions, plans,
developments, software, data, configurations, materials (whether written or machine-readable), designs, drawings, illustrations and photographs, which may be protectable, in whole or in part, under any patent, copyright, trademark, trade secret or
other intellectual property law), developed, created, conceived, made or reduced to practice during his employment with the Company which: (i) relate to the current, future or potential business of the Company or the parent; (ii) result from the
duties or work performed by Employee; or (iii) are developed during working time or using the Company’s equipment, supplies, facilities, resources, materials or information, shall be the sole and exclusive property of the Company, and Employee
shall and hereby does assign all right, title and interest in and to such intellectual property to the Company. 

  

	 	(c)	Nonsolicitation. Because Employee’s solicitation of the Customers of the Company, or any parent, affiliate or subsidiary of the Company, under certain circumstances
would necessarily involve the use or disclosure of Confidential Information, Employee shall not, either directly or indirectly, for a period of one (1) year after the Termination Date: (i) call on, solicit or take away, or attempt to call on,
solicit or take away, any past or present Customers of the Company, or any parent, affiliate or subsidiary of the Company; (ii) employ, hire or solicit the employment of any person employed by the Company as of the Termination Date of this
agreement, or any parent, affiliate or subsidiary of the Company; except to the extent that Employee may employ or hire an employee of the Company as of the Termination Date who has resigned from the Company without involvement of the Employee, and
where the Employee has not solicited such employment; (iii) do any act to impair, prejudice or destroy the goodwill of the Company, or any parent, affiliate or subsidiary of the Company, or to prejudice or impair the relationship or dealing between
the Company, or any parent, affiliate or subsidiary of the Company, and the Customers; or (iv) assist any other person, firm or corporation in any such acts. 

  

	 	(d)	Return of Confidential Information. Promptly after the Termination Date, Employee will deliver to the Company or, at its written instruction, destroy all documents, data,
drawings, manuals, letters, notes, reports, electronic mail, recordings, and copies thereof, in his possession or control. 

  

 - 5 - 

	 	(e)	Promise to Discuss Proposed Actions in Advance. To prevent the inevitable use or disclosure of trade secrets or Confidential Information, Employee promises that, before
Employee discloses or uses information and before Employee commences employment, solicitations, or any other activity that would violate the terms of this Paragraph 25, Employee will discuss his proposed actions with the Board, which will advise
Employee whether his proposed actions would violate this Paragraph 25. 

  

	 	(f)	Enforcement. Employee agrees that, notwithstanding any other Paragraph of this Agreement, if he violates any of the provisions of this Paragraph 25, the Company shall be
entitled to, in addition to other remedies available to it, an injunction to be issued by any court of competent jurisdiction restraining Employee from committing or continuing any such violation, without the need to post any bond or for any other
undertaking or prove the inadequacy of money damages. 

  

	26.	Should any provision of this Agreement be determined by any court to be wholly or partially illegal, invalid or unenforceable, the legality, validity and enforceability of the
remaining provisions shall not be affected, and said illegal, unenforceable or invalid provisions shall be deemed not to be a part of this Agreement. 

  

	27.	The parties agree that this document contains their complete and final agreement and that there are no representations, statements, or agreements that have not been included within
this document. 

  

	28.	The parties acknowledge that in signing this Agreement, they do not rely upon and have not relied upon any representation or statement made by any of the parties or their agents
with respect to the subject matter, basis or effect of this Agreement, other than those specifically stated in this written Agreement. 

  

	29.	The parties agree that any dispute regarding the application and interpretation or alleged breach of this Agreement, other than violations of Paragraph 25, shall be subject to final
and binding arbitration in San Francisco or Marin County, California before a neutral arbitrator selected by the parties from the list of proposed arbitrators referred by the JAMS/Endispute. The parties stipulate to the jurisdiction of the
California Courts for all matters relating to the enforcement and/or interpretation of this Agreement. 

  

	30.	This Agreement is in full satisfaction of disputed claims and by entering into this Agreement, Company is in no way admitting liability of any sort. This Agreement, therefore, does
not constitute an admission of liability of any kind. 

  

	31.	This Agreement will be construed, interpreted and enforced in accordance with the laws of the State of California. 

  

	32.	Employee understands that: 

  

	 	a.	Employee has twenty one days in which to consider signing this Agreement; 

  

	 	b.	Employee should carefully read and fully understand all of the terms of the Agreement; 

  

	 	c.	Employee is, through this Agreement, releasing Company from any and all claims Employee may have against it; 

  

 - 6 - 

	 	d.	Employee is knowingly and voluntarily agreeing to all of the terms set forth in this Agreement; 

  

	 	e.	Employee knowingly and voluntarily intends to be legally bound by this Agreement; 

  

	 	f.	Employee was advised and hereby is advised in writing to consult with an attorney of Employee’s choice prior to signing this Agreement; 

  

	 	g.	Employee has a full seven (7) days following the signing of this Agreement to revoke it and Employee has been, and hereby is, advised in writing that this Agreement will not become
effective or enforceable until that seven-day revocation period has expired and Employee has not revoked the Agreement (“Effective Date”). 

  
 Fredric D. Price 
  

			
	 /s/ Fredric D Price

	  	 Date: 8/12/04

		
	BioMarin Pharmaceutical Inc.	  	 
		
	 /s/ Franz L. Cristiani

	  	 
	 By:  Franz L. Cristiani, Director
	  	 Date: 8/12/04

  

 - 7 - 

 Exhibit A 
  

S-3 Registration Right 
  

	(a)	S-3 Registration Right. 

  

	 	(i)	If at any time that the Company is eligible to use Form S-3 or any successor form thereto under the Securities Act of 1933, as amended (the “Securities Act”), Employee may
request that the Company effect a registration (an “S-3 Registration”) on Form S-3 or any successor form under the Securities Act that covers all or part of the Restricted Stock (as defined below) owned by Employee. Thereupon, the Company
shall, as expeditiously as is possible, but in any event no later than thirty (30) days after receipt of a written request for an S-3 Registration, file with the Securities and Exchange Commission (the “Commission”) a registration
statement (a “Registration Statement”) relating to all Restricted Stock which the Company has been so requested to register by Employee. The Company shall use its best efforts to cause such registration statement to become effective as
expeditiously as possible and to remain effective until the earlier to occur of (i) the thirtieth (30th) day following the date such registration statement is declared effective, and (ii) the date the Restricted Stock covered thereby has been sold.
“Restricted Stock” means the Common Stock presently owned by Employee and any additional shares of Common Stock issued to Employee upon any stock split, stock dividend, recapitalization or other similar event, which in any case are not the
subject of a registration statement of the Company’s securities; provided, however that Common Stock shall cease to be Restricted Stock when such Common Stock is sold pursuant to a registration statement filed under the Securities Act or
pursuant to Rule 144 under the Securities Act. The right of Employee to request registration pursuant to this Exhibit A shall terminate on such date as all shares of Restricted Stock owned by Employee may immediately be sold under Rule 144 under the
Securities Act. 

  

	 	(ii)	Limitations. Notwithstanding the foregoing, the Company shall not be obligated to take any action pursuant to this Exhibit A: (A) after the Company has effected one (1)
registration pursuant to this Exhibit A, or (B) if the Company shall furnish to Employee a certificate signed by the Chief Executive Officer of the Company stating that in the good faith judgment of the Board it would be materially detrimental to
the Company or its stockholders for a registration statement to be filed at such time. If the Company shall furnish such a certificate to Employee, then the Company’s obligation to use its best efforts to file a registration statement shall be
deferred for a period of not more than sixty (60) days from the receipt of the request to file such registration statement by Employee. 

  

 - 8 - 

	(b)	Registration Procedures. If the Company is required by the provisions of Exhibit A(a) to use its best efforts to effect the registration of any of its securities under the
Securities Act, the Company will, as expeditiously as possible: 

  

	 	(i)	Prepare and file with the Commission a Registration Statement with respect to such securities and use its best efforts to cause such Registration Statement promptly to become and
remain effective for a period of time required for the disposition of such Restricted Stock by Employee but not to exceed 30 days; 

  

	 	(ii)	Prepare and file with the Commission such amendments and supplements to such Registration Statement and the prospectus used in connection therewith as may be necessary to keep such
Registration Statement effective and to comply with the provisions of the Securities Act with respect to the sale or other disposition of all securities covered by such Registration Statement until the earlier of such time as all of such securities
have been disposed of or the expiration of 30 days; and 

  

	 	(iii)	Use its best efforts to register or qualify the securities covered by such Registration Statement under such other securities or blue sky laws of such jurisdictions within the
United States as Employee shall reasonably request, and to take any other action which may be reasonably necessary to enable Employee to consummate the disposition in such jurisdictions of the securities owned by Employee (provided, however, that
the Company shall not be required in connection therewith or as a condition thereto to qualify to do business, subject itself to taxation in or to file a general consent to service of process in any jurisdiction wherein it would not but for the
requirements of this paragraph (iii) be obligated to do so). 

  

	(c)	Cooperation by Employee. It shall be a condition precedent to the obligation of the Company to take any action pursuant to this Exhibit A in respect of the shares of
Restricted Stock which are to be registered at the request of Employee that Employee shall furnish to the Company such information regarding the Restricted Stock held by Employee and the intended method of disposition thereof as the Company shall
reasonably request and as shall be required in connection with the action taken by the Company. 

  

	(d)	Expenses. All expenses incurred in connection with the registration pursuant to Exhibit A(a) including all registration, filing and qualification fees, printers’ and
accounting fees, fees of the National Association of Securities Dealers or listing fees, all fees and expenses of complying with state securities or blue sky laws, fees and disbursements of counsel for the Company shall be paid by the Company,
except that Employee shall bear and pay the (i) underwriting commissions and discounts applicable to securities offered for his account in connection with any registrations, filings and qualifications made pursuant to this Exhibit A and (ii) any
fees and expenses incurred in respect of counsel or other advisors to Employee.  

  

 - 9 - 

	(e)	Indemnification by the Company. The Company agrees to indemnify, protect and hold harmless, to the full extent permitted by law, Employee, any underwriter (as defined in the
Securities Act), and each person or entity who controls any such underwriter (within the meaning of the Securities Act), against all losses, claims, damages, liabilities and expenses arising out of or based on any untrue or allegedly untrue
statement of material fact contained in any registration statement, prospectus or preliminary prospectus or any amendment thereof or supplement thereto or any omission or alleged omission to state therein a material fact required to be stated
therein or necessary to make the statements therein in light of the circumstances under which they were made, not misleading, or any violation or alleged violation by the Company of the Securities Act or the Exchange Act or securities act of any
state or any rule or regulation thereunder applicable to the Company, except to the extent that the same are caused by or contained in any information furnished by or on behalf of Employee in writing to the Company expressly for use therein.

  

	(f)	Indemnification by Employee. Employee agrees to indemnify, protect and hold harmless, to the full extent permitted by law, the Company, its directors, employees, agents,
officers, and affiliates, any underwriter (as defined in the Securities Act), and each person or entity who controls the Company or underwriter (within the meaning of the Securities Act) against all losses, claims, damages, liabilities and expenses
arising out of or based on any untrue or allegedly untrue statement of a material fact contained in any registration statement, prospectus or preliminary prospectus or any amendment thereof or supplement thereto or any omission or alleged omission
to state therein a material fact required to be stated therein or necessary to make the statements therein, in the light of the circumstances under which they were made, not misleading, to the extent that such untrue statement or omission is caused
by or contained in any information included therein in conformity with information furnished by or on behalf of Employee in writing to the Company expressly for use therein. In no event shall the liability of Employee hereunder be greater in amount
than the dollar amount of the proceeds (net of underwriting discounts and commissions) received by Employee upon the sale of the Restricted Stock giving rise to such indemnification obligation. 

  

	(g)	Indemnification Procedure. Any person or entity entitled to indemnification hereunder (a “Covered Person”) agrees to give prompt written notice to the indemnifying
party after the receipt by such Covered Person of any written notice of the commencement of any action, suit, proceeding or investigation or threat thereof made in writing for which such Covered Person is entitled to claim indemnification or
contribution pursuant to this Exhibit A, but the failure to give such notice shall not relieve the indemnifying party of its obligations hereunder except to the extent the indemnifying party has been materially prejudiced with respect to its ability
to defend against such claim as a consequence of such failure to give notice. Unless a conflict of interest may exist between such Covered Person and the indemnifying party with respect to such claim, the Covered Person shall permit the indemnifying
party to assume the defense of such claim with counsel reasonably satisfactory to such Covered Person. The indemnifying party will not be subject to any liability for any settlement made without its consent (but such consent will not be unreasonably
withheld or delayed). No indemnifying party will consent to entry of any judgment 

  

 - 10 - 

 or enter into any settlement which does not include as an unconditional term thereof the giving by the
claimant or plaintiff to such Covered Person of a release from all liability in respect of such claim or litigation. If the indemnifying party is not entitled to, or elects not to, assume the defense of a claim, it will not be obligated to pay the
fees and expenses with respect to such claim of more than one counsel (and, if necessary, for one local counsel to advise solely on matters related to local civil court procedures or state securities or blue sky law matters related to the claim) for
the Covered Person with respect to which a claim has been asserted (which fees and expenses will be paid as they are billed to the Covered Person) unless a conflict of interest may exist between such Covered Person and any other of such indemnified
parties with respect to such claim, in which event the indemnifying party shall be obligated to pay the fees and expenses of such additional counsel or counsels as shall be necessary to eliminate such conflicts in connection with the representation
of indemnified parties. 
  

	(h)	Contribution. In order to provide for just and equitable contribution in circumstances in which the indemnification provided for in this Exhibit A is for any reason held to
be unenforceable although applicable in accordance with its terms, the Company and Employee shall contribute to the losses, claims, damages, liabilities and expenses described herein in such proportion as is appropriate to reflect the relative fault
of the Company and Employee in connection with the statements or omissions which resulted in such losses, liabilities, claims, damages or expenses, as well as any other relevant equitable considerations. The relative fault of the Company and
Employee shall be determined by reference to, among other things, whether any such untrue or alleged untrue statement of a material fact or omission or alleged omission to state a material fact relates to information supplied by the Company or
Employee and the parties’ relative intent, knowledge, access to information and opportunity to correct or prevent such statement or omission. The Company and Employee agree that it would not be just and equitable if contribution pursuant to
this Exhibit A(h) were determined by pro rata allocation or by any other method of allocation which does not take account of the equitable considerations referred to above in this Exhibit A(h). The aggregate amount of losses, liabilities, claims,
damages and expenses incurred by a party entitled to indemnification and referred to above in this Exhibit A(h) shall be deemed to include any legal or other expenses reasonably incurred by such party in investigating, preparing or defending against
any litigation, or any investigation or proceeding by any governmental agency or body, commenced or threatened, or any claim whatsoever based upon any such untrue or alleged untrue statement or omission or alleged omission. Notwithstanding the
provisions of this Exhibit A(h), Employee shall not be required to contribute any amount in excess of the net proceeds received by it in connection with the offering of Restricted Stock with respect to which the losses relate. No person or entity
guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) shall be entitled to contribution from any person or entity who was not guilty of such fraudulent misrepresentation. 

  

 - 11 -

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00074-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00074-of-00352.parquet"}]]