Document:

Amendment to Nye Employment Agreement

 EXHIBIT 10.34 
 [ZELTIQ Logo] 
 July 11, 2011 
 Mr. Gordie Nye 
 13565 D’Este Drive 

Pacific Palisades, CA 92072 
 Re: Amendment to
Employment Agreement 
 Dear Gordie: 

This letter amends the letter agreement between you and Zeltiq Aesthetics, Inc. (the “Company”) dated April 29, 2010 (“Employment
Agreement”). 
 Effective July 1, 2011, your Employment Agreement is amended as follows: 

Paragraph 2 of the Employment Agreement shall be amended to reflect that your annualized base salary will be Five Hundred Thousand Dollars ($500,000.00),
paid monthly in accordance with the Company’s standard payroll policies (subject to normal required withholding). 
 Paragraph 3 of the
Employment Agreement will be amended to reflect that your target incentive bonus will be 75% of your annualized base salary. Your target incentive bonus for January –June 2011, which has been paid in full, was based on your pre-amendment target
bonus (50% of your annual base salary of $350,000) and achievement was measured on the corporate plan/goals established at the beginning of 2011 (the “Initial Goals”). In addition to your target bonus for January -June 2011, the Company
has paid to you an additional one-time bonus in the amount of $39,968.64. 
 Your target incentive bonus for July - December 2011 shall be an
amount calculated as follows: (i) one-half of your pre-amendment target bonus (50% of your annual base salary of $350,000), with achievement to be measured based on the Company’s achievement of the Initial Goals and (ii) one half of
the difference between (a) the amended target bonus (75% of your new base salary of $500,000) and (b) your pre-amendment target bonus (50% of your annual base salary of $350,000), with achievement measured against the Company’s
achievement of the most recent revenue forecast for 2011, as adopted at the Company’s May 18, 2011 meeting of the board of directors. 

Your new base salary and target incentive bonus shall remain in effect through December 31, 2012, and will not be subject to change or review by the
Compensation Committee of the Board of Directors until the end of 2012, during the normal year end compensation review cycle for setting 2013 compensation. 
 In addition, the Employment Agreement is hereby amended such that beginning in 2011 (provided that it does not conflict with Section 105 of the Internal Revenue Code, or any subsequently adopted tax
law or regulation), the Company will pay you in the form of a bonus, upon presentation of reasonable proof of your actual out of pocket expenses, up to a maximum of $20,000 per calendar year, in respect of your families non-elective medical expenses
that are not covered by the healthcare policies offered by the Company. 

 Other than those specific amendments set forth herein, the remainder of your Employment Agreement shall
remain in full force and effect and your employment with the Company shall remain at-will. This amendment together with your Employment Agreement and the Employee Agreement previously signed by you, constitutes the entire agreement between the
parties with respect to your employment with the Company. No modifications may be made to these agreements unless in writing and signed by you and an authorized representative of the Board of Directors. 

 

	
	Sincerely,
	
	/s/ Bryan Roberts
	Bryan Roberts
	Compensation Committee Chair

 *        *        *

 I have read this letter amending my Employment Agreement and agree to the modifications set forth herein. I further understand that my
Employment Agreement, as amended, remains in full force and effect and that my continuing employment with Company remains at-will. 

											
						
	Dated	 	 	 		 		 		 	/s/ Gordie Nye
		 		 		 		 		 	Gordie Nye

  
 2Promotion Letter

 EXHIBIT 10.35 
 [ZELTIQ AESTHETICS LOGO] 
 April 12, 2010 

Dear Dave, 
 It is my great pleasure to notify
you of your promotion to Vice President NAF Sales, effective April 15, 2010. As VP, you will continue to report to me and will retain your current supervisory role over our direct Sales organization. You have demonstrated to me and to the rest
of the Senior Team that you are an incredibly productive, collaborative, and professional team player. Your development of the NAF organization thus far has been impressive, and I trust that you will continue to drive them to great levels of
achievement for the rest of 2010 and beyond. 
 As a result of your promotion, your Base Salary will be increased to $175,000 per year. In
addition, your Variable Compensation at target will be $110,000. The Variable Compensation will be paid monthly, based on the attainment of Revenue objectives and my discretion. We will lock the balance of your Variable Compensation into the Q2-Q4
Forecast developed at our recent off-site. Finally, I am delighted to conditionally extend an offer of 250,000 shares of Stock Options (subject to Board/Compensation Committee approval). If we deliver the business results that I believe are within
our grasp, your stock options will provide a wonderful financial outcome for you and your family. 
 I’ve enjoyed our working relationship
this far and look forward to this continuing. Congratulations on the promotion, Dave! 
 Sincerely, 

 

	
	/s/ Gordie
	
	Gordie Nye
	 President & Chief Executive Officer

 4698 Willow Road  Pleasanton, CA  94588 P  (888)-ZELTIQ-1  F (
925) 474-7599  www.zeltiq.comPromotion Letter

 EXHIBIT 10.36 
 [ZELTIQ Logo] 
 PERSONAL DELIVERY 
 August, 8, 2011 
 John Howe 
 Dear John: 
 It is my pleasure to confirm your compensation adjustments that have been approved by
the Compensation Committee after the survey project completed by Compensia. Effective July 1, 2011 your base salary will be $300,000 per year, and your bonus at plan will be 45% of your base. 

These are exciting times at ZELTIQ, and I certainly look forward to the consummation of Project Daisy this fall. Thanks for your effort, output, and
leadership in the process thus far. 
  

	
	Sincerely
	
	/s/ Gordie
	Gordie

  

	cc:	HR filePromotion Letter

 EXHIBIT 10.37 
 [ZELTIQ Logo] 
 PERSONAL DELIVERY 
 August, 8, 2011 
 Rick Poinsett 
 Dear Rick: 
 It is my pleasure to confirm your promotion to Senior Vice President of Operations.
Herein, I will confirm the accompanying compensation adjustments that have been approved by the Compensation Committee after the survey project completed by Compensia. Effective July 1, 2011 your base salary will be $250,000 per year, and your
bonus at plan will be 45% of your base. 
 Additionally, the Committee approved 50,000 incremental stock options for you. I am very impressed by
how well the Operations group has met the challenge of our rapid growth. Thank you! 
 These are exciting times at ZELTIQ, and I certainly look
forward to the consummation of Project Daisy this fall. Thanks for your effort, output, and leadership in the process thus far. It’s been wonderful to team up with you and Sue again. 

 

	
	Sincerely,
	
	/s/Gordie
	Gordie

  

	cc:	HR filePromotion Letter

 EXHIBIT 10.38 
 [ZELTIQ Logo] 
 PERSONAL DELIVERY 
 August, 8, 2011 
 Kristine Tatsutani 
 Dear Kristine: 
 It is my pleasure to confirm your compensation adjustments that have been
approved by the Compensation Committee after the survey project completed by Compensia. Effective July 1, 2011 your base salary will be $250,000 per year, and your bonus at plan will be 45% of your base. In addition, the Committee approved an
incremental 50,000 shares of stock options. You have made a tremendous difference already to professionalism and cohesiveness of the leadership team. 
 These are exciting times at ZELTIQ, and I certainly look forward to the consummation of Project Daisy this fall. Thanks for your effort, output, and leadership in the process thus far. We look forward to
having you participate in the road show. And how’s this for a “welcome back from vacation”? 
  

	
	Sincerely,
	
	/s/ Gordie
	Gordie

  

	cc:	HR filePromotion Letter

 EXHIBIT 10.39 
 [ZELTIQ Logo] 
 PERSONAL DELIVERY 
 August, 8, 2011 
 Dennis Jarvis 
 Dear Dennis: 
 It is my pleasure to confirm your compensation adjustments that have been approved
by the Compensation Committee after the survey project completed by Compensia. Effective July 1, 2011 your base salary will be $250,000 per year, and your bonus at plan will be 45% of your base. In addition, the Committee has approved an
incremental 50,000 shares of stock options. It’s been such a pleasure to work with you! 
 These are exciting times at ZELTIQ, and I
certainly look forward to the consummation of Project Daisy this fall. Thanks for your effort, output, and leadership in the process thus far. I can hardly wait to see what Marketing has in store for us in 2012... 

 

	
	Sincerely,
	
	/s/ Gordie
	Gordie

  

	cc:	HR filePromotion Letter

 EXHIBIT 10.40 
 [ZELTIQ logo] 
 May 26, 2010 
 Liz Newman 
 ZELTIQ Aesthetics 
 4698 Willow Road 
 Pleasanton, CA 94588 
 Dear Liz, 
 It is my great pleasure to notify you of your promotion to Vice President of
Marketing, effective June 1, 2010. As VP, you will continue to report to me and will retain your current supervisory role over our (ever-growing) Marketing Department. You have demonstrated to me and to the rest of the Senior Team that you are
an incredibly productive, collaborative, and professional team player. You have embraced the challenges facing ZELTIQ in its pre-clearance phase and have delivered a marketing program that exceeded my expectations. At the same time, you’ve
engineered a thorough, thoughtful preparation for our CoolSculpting era. And you’ve hired a delightful, high-functioning team. What a great job! 
 As a result of your promotion, your Base Salary will be increased to $225,000 per year. In addition, as a VP you are now eligible for a (pro-rated) 25% bonus should we hit our 2010 targets. Finally, I am
delighted to conditionally extend an offer of 400,000 shares of Stock Options (subject to Board/Compensation Committee approval). If we deliver the business results that I believe are within our grasp, your stock options will provide a wonderful
financial outcome for you and your family. 
 I’ve enjoyed our working relationship this far and look forward to this continuing.
Congratulations on the promotion, Liz! 
  

	
	Sincerely,
	
	/s/ Gordie Nye
	Gordie Nye
	President & CEO

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