Document:

Executive Medical Reimbursement Plan

 Exhibit 10.68 
 DEL MONTE CORPORATION 
 EXECUTIVE MEDICAL REIMBURSEMENT PLAN 
 As amended and restated 
 Effective as of
January 1, 2006 

 DEL MONTE CORPORATION 
 EXECUTIVE MEDICAL REIMBURSEMENT PLAN 
 The Del Monte Executive Medical Reimbursement Plan (the
“Plan”) provides group health care benefits to certain, eligible executives and former executives of Del Monte Corporation and its parent, Del Monte Foods Company (the “Company”), as designated by the Compensation Committee of
the Board of Directors of the Company. The plan year of the Plan is the calendar year. 
 This is a restatement of the Plan effective as of
January 1, 2006. The Plan is intended to be a “top hat” welfare benefit plan providing benefits for a select group of management or highly compensated employees under DOL Reg. §2520.104-24. 
 The provisions of the Plan are contained in the following appendices, and the documents referenced therein, which are attached hereto and incorporated
herein by reference: 
  

	 	•	 	Appendix A - Administration, Amendment and Definitions 

  

	 	•	 	Appendix B - Plan Structure, Contributions and Funding 

  

	 	•	 	Appendix C - Construction and General Provisions 

  

	 	•	 	Appendix D - Eligibility and Participation 

  

	 	•	 	Appendix E - Component Plans 

  

	 	•	 	Appendix F - Annual Changes and Premiums 

  

	 	•	 	Appendix G - HIPAA Privacy Amendments 

 This Plan has been
approved by the Compensation Committee of the Board of Directors of the Company and the duly authorized officer executing this Plan as of this 28th day of June, 2006. 
  

			
	DEL MONTE CORPORATION
		
	By:	 	 /s/ Mark J. Buxton

	Title:	 	Vice President, Human Resources

  

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 APPENDIX A 
 ADMINISTRATION AND AMENDMENT 
 1. Plan Administrator 
 (a) The Del Monte Corporation Compensation and Benefits Committee (“Committee”) shall be the plan administrator and shall have complete
control of the administration of the Plan hereunder, with all powers necessary to enable it properly to carry out its duties as set forth by the Board and in the Plan and its documents. 
 (b) The Committee shall have the following duties and responsibilities, without limitation: 
 (1) to amend or modify the Plan or to undertake any correction of terms or actions regarding the Plan that may not have been in
compliance, to bring the Benefit Plan into compliance with applicable law, including without limitation statutes, regulations, administrative pronouncements or judicial decisions; 
 (2) to cause the filing of all tax returns and other filings required by any government agency with respect to the Plan, to cause any
communications to participants and beneficiaries required by law to be made, and to direct legal compliance of each Benefit Plan generally; 
 (3) to determine the eligibility for and benefits delivered under the Plan, and in connection therewith, to interpret the terms of the Plan, and to establish, revise and monitor procedures for determination of claims
for benefits, and to make the final decision under any such claims procedure, unless otherwise duly delegated to another person or body; 
 (4) to engage service providers for the Plan, including, actuaries, accountants, insurance carriers, record keepers, third party administrators, consultants and other professionals; 
 (5) to modify, amend, terminate, merge or otherwise administer the Plan to comply with and carry out the terms and conditions of any
written contract or agreement of sale or acquisition, duly authorized by the Board, of any subsidiary, division, line of business or other portion of the assets of the Company; 
 (6) to implement any decision of the Board to establish, modify or amend the Plan; 
  

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 (7) to implement any decision of the Board to terminate the Plan, in whole or in part;

 (8) to advise the Board with respect to changes in the Plan, including decreases or increases to benefits, the overall
level of coverage or benefits, the benefit forms or options, the level of participant contribution rates, and the Company’s contributions or funding, as necessary or appropriate; 
 (9) to delegate to the appropriate persons, committee, officer, manager or employee of the Company such of its duties and responsibilities
as it may deem appropriate, including, without limitation, authority for all routine, normal and administrative actions for the Plan; and 
 (10) to take all other actions requested or directed by the Board in the furtherance of the duties and responsibilities delegated thereunder. 
 (c) The Committee shall conduct its business in accordance with rules and procedures it has established and in accordance with the directions of
the Board. 
 2. Third Party Administrator and Insurers 
 (a) The Committee may appoint a third party administrator that is not an affiliate of the Company (the “TPA”) to act as an agent of the Plan, with such authority and duties with respect to the
administration of the Plan as may be set forth in any written agreement with the TPA. 
 (b) To the extent that the Plan’s
benefits are provided through a contract of insurance with an insurance company (an “Insurer”), the Committee’s discretionary and final authority with respect to benefits and claims for benefits shall be limited to issues, benefits
and determinations not covered in the insurance contract, specifically not provided by the Insurer, or specifically reserved to the Committee or the Company under the insurance contract. 
  

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 3. Indemnification. The Company shall indemnify each member of the Board, the Committee, and any other person to
whom any fiduciary responsibility with respect to the Plan is allocated or delegated, from and against any and all liabilities, costs and expenses incurred by such persons as a result of any act or omission to act in connection with the performance
of their fiduciary duties, responsibilities and obligations under the Plan and under law, except for liabilities and claims arising from such person’s willful misconduct or gross negligence. For such purpose, the Company may obtain, pay for and
keep current a policy or policies of insurance, which insurance, shall not, however, release the Company of liability under this provision. 
 4.
Amendment; Appendix F. The Committee has the right at any time in its sole discretion to modify, alter, amend or terminate the Plan in whole or in part. Approval by the Committee of premium rates and other material changes for a plan year shall
be approval of an amendment to Appendix F for such plan year without further action of the Committee. 
 5. Definitions. In addition to the
definitions below, other terms are defined in the text of this Plan and in the Benefit Booklet incorporated herein by reference. 
 (a)
“COBRA” : The Consolidated Omnibus Budget Reconciliation Act of 1985, as amended from time to time. 
 (b)
“Code”: The Internal Revenue Code of 1986, as amended from time to time. 
 (c) “Company”: Del Monte
Corporation. For purposes of Appendix D, reference to Company means Del Monte Corporation and any entity affiliated with the Company pursuant to Code Sections 414(b), (c), (m), (n) or (o) that may be an employer of a designated executive.

 (d) “Executive”: an individual who is (1) classified as an employee by the Company and (2) receiving
remuneration for personal services rendered in the United States or on a leave of absence authorized by the Company or on assignment outside the United States but covered by group health insurance written or administered in the United States, and
(3) a select officer, member of management or highly compensated individual designated for coverage under this Plan by the Committee. 
 (e) “HIPAA”: Health Insurance Portability and Accountability Act of 1966, as amended. 
 (f) “Benefit
Booklet”: A description, including any related summary or modification prepared and distributed to eligible Executives describing the Plan, its terms and conditions. 
  

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 APPENDIX B 
 PLAN STRUCTURE, CONTRIBUTIONS AND FUNDING 
 1. Insured Plan The Plan consists of one or more Component Plans, as set
forth in Appendix E. A Component Plan may be an Insured Plan. The Plan Administrator designates each plan or arrangement under the Plan that is a Component Plan. For purposes of the Plan: 
 (a) An “Insured Plan” means a plan that provides group health benefits on a basis that is considered insurance under a contract issued in
accordance with applicable state insurance laws. 
 (b) A “Self-Insured Plan” means a plan that provides group health
benefits on a basis that is considered self-insurance pursuant to Code section 105(h). 
 (c) A “Component Plan” means an
Insured Plan, or a portion thereof that provides for eligibility and/or participation requirements separately from another plan or group, as designated by the Committee. 
 2. Supplemental Plan. The Plan is designed to supplement benefit provided to the Executive and covered dependents after group health benefits have been provided under any of the Company’s group health
plans or a group health plan covering any dependents. The Plan provides benefits for covered services and supplies as medically necessary, as provided under the Component Plan, without payment of deductible, co-pay and not subject to annual limits.

 3. Contributions and Funding 
 (a)
The premium and other cost of each Component Plan shall be paid by the Company, subject to contributions made by participants, if any are required. Cost includes expenses for benefits and administration. Participant contributions, if any, shall
be expended before Company contributions. The method of funding each Component Plan will be determined by the Company. 
 (b) For each
Plan Year or other designated period applicable to a Component Plan, the Company will establish the level of participant contributions, if any. In addition, the Company will also establish the level of contributions for COBRA coverage within the
applicable rules under COBRA. Participant contribution levels, if and as required, are set forth on Appendix F. 
  

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 APPENDIX C 
 CONSTRUCTION AND GENERAL PROVISIONS 
 1. Construction of the Plan. This Plan will be construed in accordance with
this section. 
 (a) Applicable Law: The provisions of the Plan will be construed and administered according to, and its validity and
enforceability determined under ERISA. In the event ERISA does not preempt state law in a particular circumstance, the laws of the State of California shall govern. 
 (b) Order of Application: In determining and construing the provisions of the Plan applicable to any particular person or situation, the following shall be used in order of descending precedence: 
 (i) This Plan document, to the extent it addresses a matter not addressed in the applicable Benefit Booklet or to the extent it
supplements or clarifies the applicable Benefit Booklet; 
 (ii) The applicable insurance policy; 
 (iii) The applicable Benefit Booklet; 
 (iv) Annual enrollment materials, as recognized for this purpose by the Plan Administrator (“Recognized Enrollment Materials”); 
 (v) The records of the Employer for factual matters; 
 (vi) The Plan Administrator’s prior decisions and interpretations; and 
 (vii) The procedures, polices and guidelines of the applicable claims or contract administrator. 
 Notwithstanding the foregoing, Recognized Enrollment Materials shall take precedence over the applicable Benefit Booklet when: 
 (A) such Benefit Booklet has not yet been updated to reflect changes in benefits or procedures applicable to the period of coverage in
which the event or condition occurs; 
 (B) the Recognized Enrollment Materials have been updated for the applicable period of
coverage in which the event or condition occurs; and 
 (C) the Recognized Enrollment Materials describe a clear alteration of
benefits or procedures relative to the applicable Benefit Booklet. 
  

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 (c) Severability: If any provision of this Plan is, or is hereafter declared to be, void,
voidable, invalid or otherwise unlawful, the remainder of the Plan will not be affected thereby. 
 (d) Amendment: Notwithstanding any
other provision of the Plan, it is expressly permissible for the Company to clarify the terms of this Plan, even retroactively, by an amendment accomplishing a good faith correction of any typographical error, omission or inadvertent ambiguity.

 2. Facilitating Payments. If a guardian, conservator or other legal representative has been duly appointed for a Participant who is entitled to any
payment under the Plan, any such payment may be made to the legal representative making the claim, and such payment shall be in complete discharge of any further obligation of the Plan and the Company in connection with said claim. If any benefits
of this Plan shall be payable to the estate of a Participant or to an individual who is a minor or otherwise not competent to give a valid release, the Plan may pay such benefits to any relative or other person or persons whom the Plan determines to
have accepted competent responsibility for the care of such individual or otherwise required by law. Any payment made by the Plan in good faith pursuant to this provision shall fully discharge the Plan and the Company in connection with such
benefit. 
 3. Legal Compliance. To the extent required by law, the Plan is intended to comply with COBRA, including providing continuation coverage,
with HIPPA, including providing certificates of creditable coverage, privacy procedures and electronic transmission of data and to comply with all other applicable federal and state laws. The Plan will honor a valid qualified medical child support
order (“QMCSO”) and shall establish procedures for the determination of such. 
 4. No Employment Contract. Nothing in this Plan shall be
construed as a contract of employment or any promise of continued employment for any Executive or individual and in no way interferes with the Company’s right to terminate any Executive’s employment at any time. 
  

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 APPENDIX D 
 ELIGIBILITY AND PARTICIPATION 
 1. General Eligibility 
 (1) An individual is eligible to participate in the Plan if the individual: 
 (i) is an Executive of the Company or any affiliate, designated by the Committee; 
 (ii) is eligible for the
Plan under the terms of the Benefit Booklet or enrollment materials; 
 (iii) has made the proper elections for participation and
contributions, if any, to the Plan. 
 (2) An individual who is a dependent of an eligible Executive may be covered by the Plan in accordance
with the terms of the Benefit Booklet. 
 2. Ineligible Individuals. No person is eligible for the Plan unless specifically designated by the
Committee and unless the person is, or has been, an Executive. All other employees and individuals are not eligible for the Plan. 
 4. Participation.
Participation is conditioned on an eligible Executive’s cooperation with the Committee and any TPA. Either the Committee or any TPA may suspend benefits or participation for any participant or dependent who fails to cooperate. 
 5. Special Participation. To the extent provided in a severance pay plan of the Company or the Company’s employment or termination agreement with a
Participant providing for severance pay and/or a general release of claims against the Company (“Severance Pay Arrangement”), a Participant who qualifies for participation in such Severance Pay Arrangement may be covered under this Plan
beyond the date such Participant would otherwise have terminated participation. 
 6. Participation on Acquisition or Divestiture. To the extent
provided in the written agreement(s) of acquisition or sale of a business between the Company and a third party with respect to the participation and benefits (including, for example, any adjustment for deductibles or annual limits), the Plan shall
be deemed to have been amended by such written agreement(s). 
 7. COBRA Coverage and Worker’s Compensation. To the extent required by
law, an individual who is eligible for COBRA coverage and who properly elects and maintains COBRA Coverage participates in the Plan. This Plan is separate from and does not affect or provide for coverage under any state worker’s compensation
insurance laws. 
  

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 APPENDIX E 
 PLAN BENEFITS 
 5. The Plan is intended to pay benefits after the applicable group health plan(s) covering the
Executive and/or the Executive’s spouse and dependents have determined and paid group health benefits. The coverage terms of the Plan are described in a Benefit Booklet, issued from time to time by the insurer, as identified below. Each Benefit
Booklet is incorporated in the Plan by reference. 
 6. Plan as of January 1, 2006: Benefit Booklet dated January 1, 2006, designated
WL23692-1 1205 by the insurer; Insurance policy WL 23692-1 issued by BC Life & Health Insurance Company. 
  

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 APPENDIX F 
 ANNUAL CHANGES AND PREMIUMS 
 1. The enrollment materials and employee announcements incorporated by reference into
this Appendix F for the year indicated set forth the premiums, if any, and terms of a Component Plan not set forth in that Component Plan’s Benefit Booklet. 
 2. 2006 Materials: as retained by the Manager, Benefits Administration for 2006 enrollments, Benefits Booklet dated January 1, 2006. 
  

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 APPENDIX G 
 HIPAA PRIVACY AMENDMENTS 
 1. General. The Plan shall comply with the standards for privacy of individually
identifiable health information as set forth under the Health Insurance Portability and Accountability Act of 1996 (HIPAA) and the regulations issued thereunder (referred to herein as the “Privacy Rule”) and shall comply with the standards
for security of electronic protected health information as set forth under HIPAA and the regulations thereunder (referred to herein as the “Security Rule”). This Appendix G was first effective as of April 14, 2003 and, as revised, is
effective as of April 20, 2005. 
 2. Definitions. The following words and phrases, with the initial letter of each word capitalized,
shall have the meanings indicated below for purposes of this Appendix. 
 (a) “Electronic Protected Health Information or
Electronic PHI” means PHI that is transmitted by or maintained in electronic media.” 
 (b) “Employee Health Plan,” as
defined under 45 C.F.R. § 160.103, shall mean an employee welfare benefit plan to the extent that the plan provides medical care to employees or their dependents directly or through insurance, reimbursement, or otherwise, that (1) has 50
or more participants, or (2) is administered by an entity other than the employer that established and maintains the plan. 
 (c)
“Health Care Operations,” as defined under 45 C.F.R. § 160.501, shall mean any of the following activities to the extent that they are related to an Employee Health Plan’s covered functions: 
  

	 	(1)	Conducting quality assessment and improvement activities; population-based activities related to health improvement, reduction of health care costs, case management and care
coordination; contacting health care providers and patients regarding treatment alternatives; and related functions that do not include treatment; 

  

	 	(2)	Reviewing competence or qualifications of health care professionals and evaluating provider and Employee Health Plan performance; 

  

	 	(3)	Underwriting and other activities that relate to the creation, renewal, or replacement of a contract of health insurance or health benefits, and ceding, securing or placing a
contract for reinsurance of risk relating to claims for health care (including stop-loss insurance); 

  

	 	(4)	Conducting or arranging for medical review, legal services, and auditing functions, including fraud and abuse detection and compliance programs; 

  

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	 	(5)	Business planning and development, such as cost-management and planning-related analysis related to managing and operating the Employee Health Plan, and development or improvement
of coverage policies; and 

  

	 	(6)	Business management and general administrative activities, including, but not limited to: (i) management activities related to implementation of and compliance with the
requirements of the Privacy Rule; (ii) customer service, including the provision of data analyses for the Employee Health Plan sponsor, provided that PHI is not disclosed to the Employee Health Plan sponsor; (iii) resolution of internal
grievances; (iv) due diligence related to the sale, transfer, merger, or consolidation of all or part of a Employee Health Plan with another entity directly regulated under the Privacy Rule, or an entity that, following such activity, will be
subject to the Privacy Rule; and (v) consistent with applicable requirements of the Privacy Rule, creating de-identified information, as defined in 45 C.F.R. § 164.514(b)(2), or a limited data set, as defined under
45 C.F.R. § 164.514(d)(2). 

 (d) “Health Plan” shall mean each Employee Health Plan sponsored by
the Employer to provide health care benefits for employees and dependents of the Employer. 
 (e) “HIPAA” means the Health
Insurance Portability and Accountability Act of 1996, as codified in Section 9801, et seq., of the Code and Section 701, et seq., of ERISA, as amended from time to time and the applicable regulations issued and effective
thereunder. 
 (f) “Payment,” as defined under 45 C.F.R. § 160.501, shall mean activities undertaken by an Employee Health
Plan to obtain contributions or to determine or fulfill its responsibility for coverage and provision of benefits, or to obtain or provide reimbursement for the provision of health care. Such activities include, but are not limited to: 

 

	 	(1)	Determinations of eligibility or coverage (including coordination of benefits or the determination of cost sharing amounts), and adjudication or subrogation of health benefit
claims; 

  

	 	(2)	Risk adjusting amounts due based on enrollee health status and demographic characteristics; 

  

	 	(3)	Billing, claims management, collection activities, obtaining payment under a contract for reinsurance (including stop-loss insurance and excess of loss insurance), and related
health care data processing; 

  

	 	(4)	Review of health care services with respect to medical necessity, coverage under a health plan, appropriateness of care, or justification of charges; 

  

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	 	(5)	Utilization review activities, including precertification and preauthorization of services, and concurrent and retrospective review of services; and 

  

	 	(6)	Disclosure to consumer reporting agencies of necessary information relating to collection of premiums or reimbursement. 

 (g) “Policy” shall mean the Del Monte Corporation HIPAA Privacy Policy for Group Health Plans, as amended from time to time. 
 (h) “Protected Health Information” or “PHI” shall mean individually identifiable health information that (1) relates to the
past, present, or future physical or mental condition of a current or former Participant, provision of health care to a Participant, or payment for such health care; (2) can either identify the Participant, or there is a reasonable basis to
believe the information can be used to identify the Participant; and (3) is received or created by or on behalf of a Health Plan. 
 (i)
“Responsible Employee” shall mean an employee (including a contract, temporary, or leased employee) of the Health Plans or of the Employer whose duties (1) require that the employee have access to PHI for purposes of Health Plan
Payment or Health Care Operations, or (2) make it likely that he or she will receive or have access to PHI. Persons designated as Responsible Employees are described in Section III. Responsible Employee shall also include any other employee
(other than a designated Responsible Employee) who creates or receives PHI on behalf of a Health Plan, even though his or her duties do not (or are not expected to) include creating or receiving PHI. Responsible Employees are within the
Employer’s HIPAA firewall when they perform Health Plan functions. 
 (j) “Security Incident” means the attempted or
successful unauthorized access, use, disclosure, modification or destruction of information or interference with system operations in an information system. 
 3. Responsible Employees. Only Responsible Employees shall be permitted to use, disclose, create, receive, access, maintain, or transmit PHI, including Electronic PHI, on behalf of a Health Plan. The use or disclosure of PHI
by Responsible Employees shall be restricted to the Health Plan administration functions that the Employer performs on behalf of a Health Plan, pursuant to Section IV. 
 (a) Employees who perform the following functions on behalf of the Health Plans are Responsible Employees: 
  

	 	(1)	claims determination and processing functions; 

  

	 	(2)	Health Plan vendor relations functions; 

  

	 	(3)	benefits education and information functions; 

  

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	 	(4)	global information systems and human resources information systems support activities; and 

  

	 	(5)	legal department activities. 

 (b) In addition to those
individuals described in Section III(a) above, senior human resources leadership who perform claims appeals and other decision-making functions on behalf of the Health Plans, the Health Plan’s HIPAA privacy officer and HIPAA security officer,
and employees of the Employer to whom the Health Plan’s HIPAA privacy officer has delegated any of the following responsibilities shall also be Responsible Employees: 
  

	 	(1)	implementation, interpretation, and amendment of the Policy; 

  

	 	(2)	Privacy Rule or Security Rule training for employees of the Employer; 

  

	 	(3)	investigation of and response to complaints by Participants and/or employees; 

  

	 	(4)	preparation and maintenance of the Plan’s privacy notice; 

  

	 	(5)	distribution of the Plan’s privacy notice; 

  

	 	(6)	response to requests by Participants to inspect or copy PHI; 

  

	 	(7)	response to requests by Participants to restrict the use or disclosure of their PHI; 

  

	 	(8)	response to requests by Participants to receive communications of their PHI by alternate means or in an alternate manner; 

  

	 	(9)	amendment and response to requests to amend Participants’ PHI; 

  

	 	(10)	response to requests by Participants for an accounting of disclosures of their PHI; 

  

	 	(11)	response to requests for information by the Department of Health and Human Services; 

  

	 	(12)	approval of disclosures to law enforcement or to the military for government purposes; 

  

	 	(13)	maintenance of records and other documentation required by the Privacy Rule or Security Rule; 

  

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	 	(14)	negotiation of Privacy Rule and Security Rule provisions and/or reasonable security provisions into contracts with third party service providers; 

  

	 	(15)	maintenance of Health Plan PHI security documentation; or 

  

	 	(16)	approval of access to Electronic PHI. 

 4. Permitted Uses and
Disclosures. Responsible Employees may access, request, receive, use, disclose, create, and/or transmit PHI only to perform certain permitted and required functions on behalf of the Plan, consistent with the Policy. This includes:

 (a) uses and disclosures for the Plan’s own Payment and Health Care Operations functions; 
 (b) uses and disclosures for another Health Plan’s Payment and Health Care Operations functions; 
 (c) disclosures to a health care provider, as defined under 45 C.F.R. § 160.103, for the health care provider’s treatment
activities; 
 (d) disclosures to the Employer, acting in its role as Plan sponsor, (1) of summary health information for purposes of
obtaining health insurance coverage or premium bids for the Plan or for making decisions to modify, amend, or terminate the Plan, or (2) of enrollment or disenrollment information; 
 (e) disclosures of a Participant’s PHI to the Participant or his or her personal representative, as defined under 45 C.F.R. § 164.502(g);

 (f) disclosures to an Employee Health Plan not sponsored by the Employer for the other Employee Health Plan’s Payment or Health Care
Operations activities; 
 (g) disclosures to a Participant’s family members or friends involved in the Participant’s health care or
payment for the Participant’s health care, or to notify a Participant’s family in the event of an emergency or disaster relief situation; 
 (h) uses and disclosures to comply with workers compensation laws; 
 (i) uses and disclosures for legal and law enforcement
purposes, such as to comply with a court order; 
 (j) disclosures to the Secretary of Health and Human Services to demonstrate the
Plan’s compliance with the Privacy Rule or Security Rule; 
 (k) uses and disclosures for other governmental purposes, such as for
national security purposes; 
  

 16 

 (l) uses and disclosures for certain health and safety purposes, such as to prevent or lessen a threat to
public health, to report suspected cases of abuse, neglect, or domestic violence, or relating to a claim for public benefits or services; 
 (m) uses and disclosures to identify a decedent or cause of death, or for tissue donation purposes; 
 (n) uses and disclosures
required by other applicable laws; and 
 (o) uses and disclosures pursuant to the Participant’s authorization that satisfies the
requirements of 45 C.F.R. § 164.508. 
 5. Certification Requirement. The Plan shall disclose PHI, including Electronic PHI, to
Responsible Employees only upon receipt of a certification by the Employer that the Employer agrees: 
 (a) not to use or further disclose PHI
other than as permitted or required by this Appendix and the Policy or as required by law; 
 (b) to take reasonable steps to ensure that any
agents, including subcontractors, to whom the Employer provides PHI, including Electronic PHI, received from the Plan agree to: 
  

	 	(i)	the same restrictions and conditions that apply to the Employer with respect to such PHI; 

  

	 	(ii)	implement reasonable and appropriate security measures to protect such Electronic PHI. 

 (c) not to use or disclose PHI for employment-related actions and decisions or in connection with any other benefit or employee benefit plan of the Employer other than another Health Plan; 
 (d) to report to the Plan any use or disclosure of PHI, including Electronic PHI, or Security Incident that is inconsistent with the uses or disclosures
described in Section IV of which the Employer becomes aware; 
 (e) to make available PHI for inspection and copying in accordance with
45 § C.F.R. 164.524; 
 (f) to make available PHI for amendment, and to incorporate any amendments to PHI in accordance
with 45 C.F.R. § 164.526; 
 (g) to make available PHI required to provide an accounting of disclosures in accordance with 45 C.F.R.
§ 164.528; 
  

 17 

 (h) to make its internal practices, books, and records relating to the use and disclosure of PHI,
including Electronic PHI, received on behalf of the Plan available to the Secretary of Health and Human Services for purposes of determining compliance by the Plan with the Privacy Rule or the Security Rule; 
 (i) if feasible, to return or destroy all PHI, including Electronic PHI, received from the Plan that the Employer still maintains in any form and retain
no copies of such PHI when no longer needed for the purpose for which disclosure was made, except that, if such return or destruction is not feasible, limit further uses and disclosures to those purposes that make the return or destruction of PHI,
including Electronic PHI, infeasible; 
 (j) to take reasonable steps to ensure that the adequate separation between the Plan and the
Employer’s activities in its role as Plan sponsor and employer; and 
 (k) to implement administrative, physical and technical
safeguards that reasonably and appropriately protect the confidentiality, integrity and availability of the Electronic PHI that the Employer creates, receives, maintains or transmits on behalf of the Health Plan. 
 6. Mitigation. In the event of non-compliance with any of the provisions set forth in this Appendix, 
 (a) the Health Plans’ HIPAA privacy officer shall address any complaint promptly and confidentially or, with respect to alleged violations of the
Security Rule, shall defer to the HIPAA security officer who shall address such complaint. The HIPAA privacy officer or security officer, as applicable, first will investigate the complaint and document his or her investigation efforts and findings.

 (b) if PHI, including Electronic PHI, has been used or disclosed in violation of the Policy or Security Rule or inconsistent with this
Appendix, the HIPAA privacy officer or security officer, as appropriate, shall take immediate steps to mitigate any harm caused by the violation and to minimize the possibility that such a violation will recur. 
 (c) if a Responsible Employee or other employee of an Employer is found to have violated the Privacy Policy or Security Rule, such personnel shall be
subject to disciplinary action in accordance with the Employer’s disciplinary policy. 
  

 18Form of Retention Bonus

 Exhibit 10.43 
 FORM OF RETENTION BONUS AGREEMENT 
 THIS RETENTION
BONUS AGREEMENT (“Agreement”) is made and entered into this      day of
                    , 2006 by and between Discovery Partners International, Inc. a Delaware corporation (the
“Company”), and                      (“Employee”) (collectively, the
“Parties”). 
 RECITALS: 
 The Company deems it to be in the best interests of its shareholders that it take measures to retain the services of Employee and to incentivize Employee
to remain in the service of the Company for a reasonable period of time, and Employee wishes to remain employed by the Company pursuant to the terms and conditions specified herein. 
 AGREEMENT: 
 NOW, THEREFORE,
in consideration of the promises and the covenants set forth in this Agreement and for other valuable consideration, the parties hereby agree as follows: 
 1. Term. This Agreement shall take effect as of the date specified above and shall continue in effect through December 31, 2006, unless earlier terminated in accordance with Section 2 hereof (the
“Term”). 
 2. Termination. This Agreement, and Employee’s employment by the Company may be terminated at
any time as follows: 
 (a) Death. This Agreement and Employee’s employment shall terminate immediately upon the Employee’s
death, in which event the Company’s only obligations hereunder shall be to pay all compensation owing for services rendered by the Employee prior to the date of Employee’s death, including, but not limited to, the “Achievement
Bonus” (as defined in and provided by Section 4 of this Agreement). 
 (b) Disability. In the event the Employee is
disabled from performing Employee’s assigned duties due to illness or injury for a period in excess of forty-five (45) consecutive days or a period or periods of more than ninety (90) days in the aggregate during the Term, the Company
in its sole discretion may terminate this Agreement and Employee’s employment immediately upon written notice to Employee, in which event the Company’s only obligations hereunder shall be to pay all compensation owing for services rendered
by Employee prior to the date of termination, including, but not limited to, the Achievement Bonus. 
  

 1. 

 (c) Termination For Cause. Prior to any “Change of Control” of the Company
(as defined in Section 3 of this Agreement) the Company may terminate this Agreement and Employee’s employment for “Cause” immediately upon a reasonable and good faith determination by the Company that: 

(i) Employee has committed any willful breach or material neglect of Employee’s duties; 
 (ii) Employee has committed fraud, embezzlement, misappropriation, or other act of dishonesty or moral turpitude; 
 (iii) Employee has been convicted of a felony during the Term; 
 (iv) Employee has consistently failed to adequately perform Employee’s job duties or responsibilities; 
 (v) Employee has used illegal and/or nonprescription drugs or a controlled substance while acting in the course and scope of Employee’s duties or otherwise representing the Company; 
 (vi) Employee has taken any action or willfully failed to take any action which results in a material adverse impact on the Company; or

 (vii) Employee has materially breached any of the provisions of the Company’s policies including but not limited to any
standards of conduct set forth in the Company’s employee handbook and the terms of Employee’s proprietary information and inventions agreement with the Company. 
 In the event this Agreement and Employee’s employment is terminated for Cause the Company shall have no further obligations to Employee hereunder other than to pay all compensation owing for services rendered by
Employee prior to the date of termination. 
 (d) Termination Without Cause. The Company in its sole discretion may terminate
Employee’s employment and this Agreement without Cause or prior warning immediately upon notice to Employee, in which event the Company shall provide to Employee all compensation owing for services rendered by Employee prior to the date of
termination. Additionally, within ten (10) days following Employee’s delivery to the Company of an effective Release and Waiver in the form attached hereto as Exhibit A or such other form as may be required by the Company (the
“Release”), the Company shall provide to Employee the following benefits: (i) a severance payment equal to a total of six (6) months of Employee’s base salary in effect at the time of termination, less standard
deductions and withholdings, such severance payment to consist of the following: a) a payment equivalent to two (2) months of Employee’s base salary in lieu of and in compensation for any advance notice of termination that may be required
pursuant to the Worker Adjustment and Retraining Notification Act, 29 U.S.C. §2101 et seq., the provisions of California Labor Code §§1400-1408, and/or any other similar statute, ordinance, regulation or other law relating to layoffs,
terminations, reductions-in-force, plant closings, or similar events, and b) an additional payment equivalent to four (4) months of Employee’s base salary; (ii) provided Employee timely elects COBRA insurance continuation 

  

 2. 

 
coverage, those premiums that would be incurred by Employee to continue health insurance coverage pursuant to COBRA for a period of six (6) months
following the effective date of such termination without Cause shall be paid by the Company directly to the provider of the insurance, such payments to consist of the following: a) two (2) months worth of payments in lieu of and in compensation
for any advance notice of termination that may be required pursuant to the Worker Adjustment and Retraining Notification Act, 29 U.S.C. §2101 et seq., the provisions of California Labor Code §§1400-1408, and any other similar statute,
ordinance, regulation, or other law relating to layoffs, terminations, reductions-in-force, plant closings, or similar events, and b) an additional four (4) months worth of payments; iii) the Company shall provide Employee with outplacement or
career transition services for a period of three months with a nationally-recognized firm of the Company’s choosing; iv) the immediate vesting of all options to purchase common stock from the Company and all grants of restricted stock of the
Company granted by the Company to Employee prior to the effective date of such termination without Cause (collectively, the “Stock Awards”) such that Employee shall be 100% vested with respect to the Stock Awards; and v) the
Company shall pay to Employee the Achievement Bonus. Notwithstanding anything to the contrary set forth herein, if at the time the severance payments under this Agreement would otherwise be paid to Employee, Employee is subject to the distribution
limitations contained in Section 409A of the Internal Revenue Code (the “Code”) applicable to “key employees” as defined in Code Section 416(i), except with respect to base salary, accrued unused vacation
and any other payments attributable to services performed by Employee prior to Employee’s actual termination of employment, such payments shall not be made to Employee before the date which is six (6) months following the date of
Employee’s termination of employment, or, if earlier, the date of Employee’s death that occurs within such six (6) month period, to the extent necessary to comply with Section 409A of the Code. In such case, such severance
payments shall instead be paid to Employee in a lump sum during the seventh (7th) month following termination
of employment. 
 (e) Change of Control Termination. The termination of Employee’s employment by the Company solely by virtue of
a Change of Control becoming effective shall not constitute a termination without Cause for purposes of this Agreement, provided that the Company’s successor-in-interest shall have offered Employee reasonably similar employment to that Employee
held immediately prior to a Change of Control. 
 (f) Termination by Mutual Agreement. This Agreement, and Employee’s employment
by the Company, may be terminated at any time upon a mutual agreement in writing of the Parties. Any such termination shall have the consequences specified in such writing. 
 (g) Returning Company Documents. In the event of any termination of this Agreement, or Employee’s employment, Employee shall, prior to or on
such termination deliver to the Company (and will not maintain possession of or deliver to anyone else) any and all devices, records, data, data bases software, software documentation, laboratory notebooks, notes, reports, proposals, lists, customer
lists, correspondence, specifications, drawings, blueprints, sketches, materials, equipment, other documents or property, or reproductions of any of the above aforementioned items belonging to the Company, its successors or assigns. 
  

 3. 

 3. Change of Control. 
 (a) Change of Control. For purposes of this Agreement, “Change of Control” means: (i) a sale or other disposition of
all or substantially all of the assets of the Company; (ii) a merger or consolidation in which the Company is not the surviving entity and in which the stockholders of the Company immediately prior to such consolidation or merger own less than
fifty percent (50%) of the surviving entity’s voting power immediately after the transaction; (iii) a reverse merger in which the Company is the surviving entity but the shares of Stock outstanding immediately preceding the merger are
converted by virtue of the merger into other property, whether in the form of securities, cash or otherwise, and in which the stockholders of the Company immediately prior to such reverse merger own less than fifty percent (50%) of the
Company’s voting power immediately after the transaction; (iv) after the Listing Date, as defined in the Company’s Equity Incentive Plan or after the Company’s initial public offering, an acquisition by any person, entity or
group within the meaning of Section 13(d) or 14(d) of the Exchange Act, or any comparable successor provisions (excluding any employee benefit plan, or related trust, sponsored or maintained by the Company or subsidiary of the Company or other
entity controlled by the Company) of the beneficial ownership (within the meaning of Rule 13d-3 promulgated under the Exchange Act, or comparable successor rule) of securities of the Company representing at least fifty percent (50%) of the
voting power entitled to vote in the election of Directors; or (v) the consummation of the “Merger” as such term is defined in that certain Agreement and Plan of Merger and Reorganization dated April 11, 2006 by and among the
Company, Darwin Corp., a Delaware corporation and wholly owned subsidiary of the Company and Infinity Pharmaceuticals, Inc., a Delaware corporation. For purposes of this Agreement, the term Change of Control shall not include a sale of assets,
merger or other transaction effected exclusively for the purpose of changing the domicile of the Company. 
 (b) Parachute Payments.
If any payment or benefit Employee would receive from the Company in connection with a Change of Control or otherwise (a “Payment”) would (i) constitute a “parachute payment” within the meaning of
Section 280G of the Code, and (ii) but for this sentence, be subject to the excise tax imposed by Section 4999 of the Code (the “Excise Tax”), then such Payment shall be equal to the Reduced Amount. The
“Reduced Amount” shall be either (x) the largest portion of the Payment that would result in no portion of the Payment being subject to the Excise Tax or (y) the largest portion of the Payment, up to and including
the total Payment, whichever amount, after taking into account all applicable federal, state and local employment taxes, income taxes, and the Excise Tax (all computed at the highest applicable marginal rate), results in Employee’s receipt, on
an after-tax basis, of the greater amount of the Payment notwithstanding that all or some portion of the Payment may be subject to the Excise Tax. If a reduction in payments or benefits constituting “parachute payments” is necessary so
that the Payment equals the Reduced Amount, reduction shall occur in the following order unless Employee elects in writing a different order (provided, however, that such election shall be subject to Company approval if made on or after the
date on which the event that triggers the Payment occurs): reduction of cash payments; cancellation of accelerated vesting of stock awards; reduction of employee benefits. If acceleration of vesting of stock award compensation is to be reduced, such
acceleration of vesting shall be cancelled in the reverse order of the date of grant of Employee’s stock awards unless Employee elects in writing a different order for cancellation. 
  

 4. 

 The Company shall appoint a nationally recognized independent accounting firm to make the determinations
required hereunder, which accounting firm shall not then be serving as accountant or auditor for the individual, entity or group that effected the Change of Control. The Company shall bear all expenses with respect to the determinations by such
accounting firm required to be made hereunder. 
 The accounting firm engaged to make the determinations hereunder shall provide its
calculations, together with detailed supporting documentation, to the Company and Employee within ten (10) calendar days after the date on which Employee’s right to a Payment is triggered (if requested at that time by the Company or the
Employee) or such other time as requested by the Company or Employee. If the accounting firm determines that no Excise Tax is payable with respect to a Payment, either before or after the application of the Reduced Amount, it shall furnish the
Company and Employee with an opinion reasonably acceptable to Employee that no Excise Tax will be imposed with respect to such Payment. Any good faith determinations of the accounting firm made hereunder shall be final, binding and conclusive upon
the Company and Employee. 
 (c) Change-In-Control Agreement. Employee and the Company are parties to that Change-In-Control Agreement
For Certain Executives of Discovery Partners International, Inc. July 2003 (the “Change-In-Control Agreement”), the provisions of which remain in full force and effect and shall not be affected by this Agreement.
Notwithstanding the foregoing, in the event Employee shall, at the request of the Company, resign his employment and positions with the Company and any of its subsidiaries and affiliates in furtherance or anticipation of a transaction qualifying as
a Change of Control, the Company’s successor following a Change of Control shall within thirty (30) days of Employee’s delivery to the Company of the fully effective Release, pay to Employee i) the benefits specified in
Section 3(b)(ii)(A) and (B) of the Change-In-Control Agreement and ii) the Achievement Bonus; and, additionally, Employee shall receive the accelerated vesting benefit described in Section 5 hereof. 
 4. Retention Bonus. Employee shall be eligible to earn a cash bonus of up to Twenty-Five Thousand Dollars ($25,000.00) (the “Retention
Bonus”), less applicable deductions and withholdings, based upon Employee’s achievement of the performance milestones specified in Exhibit B hereto. The amount of the Retention Bonus earned for the achievement of each milestone
shall be as specified in Exhibit B. Employee shall receive payment only for that part of the Retention Bonus that Employee earns by achievement of the performance milestones (the “Achievement Bonus”). If Employee remains in
the continuous employ of the Company (or its successor upon a Change of Control) through December 31, 2006, Employee shall be paid the Achievement Bonus, less applicable deductions and withholdings, effective December 31, 2006. 

5. Stock Awards. Provided that a) Employee remains in the continuous employ of the Company (or its successor in a Change of Control or b)
Employee shall, at the request of the Company, resign his employment and positions with the Company and any of its subsidiaries and affiliates in furtherance or anticipation of a transaction qualifying as a Change of Control, the vesting of the
Stock Awards shall be accelerated such that Employee shall be 100% vested with respect to the Stock Awards on the earlier of: i) the effective date of any Change of Control; or ii) December 31, 2006. 
  

 5. 

 6. Assignment. This Agreement may not be assigned by Employee, but may be assigned by the Company
to any successor in its interest to its business. This Agreement shall bind and inure to the benefit of the Company’s successors and assigns, as well as Employee’s heirs, executors, administrators, and legal representatives. 
 7. Amendment. This Agreement may be modified only by written agreement signed by Employee and the Chairman of the Board of Directors of the
Company. 
 8. Choice Of Law. This Agreement shall be governed by the laws of the State of California. 
 9. Partial Invalidity. In the event any provision of this Agreement is void or unenforceable, the remaining provisions shall continue in full
force and effect. 
 10. Scope and Integration. This Agreement constitutes the entire agreement between the parties with respect to
Employee’s employment by the Company and the provision of benefits to Employee in connection with the termination of Employee’s employment by the Company or its successor(s), and supersedes any and all prior or contemporaneous oral and
written agreements or understandings between the parties regarding such subject matter, which shall have no further force and effect, except as specified in Section 3(c) herein. 
  

			
	DISCOVERY PARTNERS INTERNATIONAL, INC.
		
	By:	 	  

		
	 Dated:
	 	  

	
	EMPLOYEE:
	
	  

		
	 Dated:
	 	  

  

 6.

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