Document:

exv10w30

Exhibit 10.30

SECOND AMENDMENT TO

CHANGE OF CONTROL AGREEMENT

          THIS SECOND AMENDMENT to the Change of Control Agreement dated April 19, 2006 (the
“Agreement”) is made effective April 19, 2009, by and between SurModics, Inc. (the “Company”) and
Philip D. Ankeny (“Executive”).

          WHEREAS, Company and Executive previously amended the Agreement by a first amendment effective
December 23, 2008, in order to comply with the requirements of Section 409A of the Internal Revenue
Code of 1986, as amended (the “Code”), and with the intent to exclude amounts payable as severance
from deferred compensation under Code Section 409A(a)(1);

          WHEREAS, Company and Executive desire to further amend the Agreement to extend the term of the
Agreement, and to modify certain other provisions of the Agreement, as described in this Second
Amendment.

          NOW, THEREFORE, Company and Executive, intending to be legally bound, agree as follows:

	1.	 	Section 1 of the Agreement is hereby amended and restated as follows:

     1. Term of Agreement. Except as otherwise provided herein, this Agreement shall
commence on the date executed by the parties and shall continue in effect until April 19,
2012; provided, however, that if a Change of Control of the Company shall occur during the
term of this Agreement, this Agreement shall continue in effect for a period of twelve (12)
months beyond the date of such Change of Control. If, anytime during the term of this
Agreement, or prior to a Change of Control, Executive’s employment with the Company
terminates for any reason or no reason, or if Executive no longer serves as an executive
officer of the Company, this Agreement shall immediately terminate, and Executive shall not
be entitled to any of the compensation and benefits described in this Agreement. Any rights
and obligations accruing before the termination or expiration of this Agreement shall
survive to the extent necessary to enforce such rights and obligations.

	2.	 	Section 3(b)(3) of the Agreement is hereby amended and restated as follows:

	 	(3)	 	A requirement imposed by the Company on Executive that results in Executive
being based at a location that is outside of a fifty (50) radius mile of Executive’s
prior job location;

	3.	 	Section 4(b) of the Agreement is hereby amended and restated as follows:

	 	(b)	 	The Company shall continue to provide Executive with coverage under its life,
health, or dental benefit plans at a level comparable to the benefits which Executive
was receiving or entitled to receive immediately prior to the

 

 

Second Amendment to Change of Control Agreement

April 19, 2009

Page 2 of 2

	 	 	 	Termination or, if greater, at a level comparable to the benefits which Executive
was receiving immediately prior to the event which constituted Good Reason. Such
coverage shall continue for eighteen (18) months following such Change of Control
Termination or, if earlier, until Executive is eligible to be covered for such
benefits through his employment with another employer. The Company may, in its sole
discretion, provide such coverage through the purchase of individual insurance
contracts for Executive;

4.      Except as expressly amended and restated herein, the Agreement, as previously and hereby
amended, remains in full force and effect. All capitalized terms used and not otherwise defined
herein shall have the meanings given them in the Agreement.

          IN WITNESS WHEREOF, Company and Executive have executed this Amendment to Change of Control
Agreement effective as of the date set forth in the first paragraph.

	 	 	 	 	 
	 	SurModics, Inc.

 	 
	 	By  	/s/ Jan Marie Webster
 	 
	 	 	Jan Marie Webster 	 
	 
	 	 	Its: Vice President, Human Resources 	 
	 
	 	 	 
	 	     /s/ Philip D. Ankeny
 	 
	 	Philip D. AnkenyForm 8-K. Exhibit 10.1

        AFFILIATE STOCK PURCHASE AGREEMENT

        This Affiliate Stock Purchase Agreement (this “Agreement”), is made as of December 09, 2009, by and between Budi Setyawan, as to 600,000 shares and Herdiansyah Milana, as to 600,000 shares, both of JL.P Banka, No. 9, Aren Jaya Bekasi, Timur Jawa Barat, Jakarta, Indonesia (the “Sellers”) and the purchasers listed on
        Schedule “A” hereto, each of which is referred to herein as a “Purchaser” and collectively as the “Purchasers”.

         

        WHEREAS, the Sellers collectively are the owners of 1,200,000 restricted shares of common stock, of Reflex Inc., a Nevada corporation (the “Company”) in the proportions set out above; and

         

        WHEREAS, the Sellers propose to sell to each Purchaser the number of restricted shares of common stock specified next to such Purchaser’s name in Schedule “A” hereto (the “Purchased Shares”), on the terms set forth herein.

        In consideration of the premises, representations, warranties and covenants contained herein and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties agree as
        follows:  

        1.     PURCHASE AND SALE

        1.1     The Sellers hereby agree to sell, assign, transfer and deliver to each Purchaser, and each Purchaser hereby agrees to purchase from the Seller, the Purchased Shares at a purchase price per share of US $_ for an aggregate purchase price of US $ 180,000.00 (the “Purchase Price”) payable on
        the Closing Date (as defined below).

        

        

        2.     REPRESENTATIONS AND WARRANTIES OF THE
        SELLER  

        2.1     The Sellers jointly and severally warrant, covenant and represent to each Purchaser with the intention of inducing each Purchaser to enter into this Agreement that:

        
            (a)  immediately prior to and at the Closing, the Sellers shall be the legal and beneficial owner of the Purchased Shares and on the Closing Date, the Sellers shall transfer to each Purchaser the Purchased Shares free and clear of all liens, restrictions, covenants or adverse claims of any kind or character;

             

            (b)  the Sellers have the legal power and authority to execute and deliver this Agreement and all other documents required to be executed and delivered by the Sellers hereunder and to consummate the transactions contemplated hereby; and

             

            (c)  each Seller is, or has been during the past ninety (90) days, an officer, director, 10% or greater shareholder or "affiliate" of the Company, as that term is defined in Rule 144 promulgated under the United States Securities Act of 1933, as amended (the
            "Securities Act");

            (d) to the best of the knowledge, information and belief of the Sellers there are no circumstances that may result in any material adverse effect to the Company or the value of the Purchased Shares that are now in existence or may hereafter arise;

            (e) no Seller is indebted to the Company and the Company is not indebted to any of the Sellers;

        

        
            

        

        
            

            (f)  the authorized capital of the Company consists of 100,000,000 common s hares, par value $0.001 per share, of which a total of 2,150,000 common shares have been validly issued, are outstanding and are fully paid and
            non-assessable; 

             

            (g) no person, firm or corporation has any right, agreement, warrant or option, present or future, contingent or absolute, or any right capable of becoming a right, agreement or option to require the Company to issue any shares in its capital or to convert any
            securities of the Company or of any other company into shares in the capital of the Company;

             

            (h) the Company has no liability, due or accruing, contingent or absolute, and is not directly or indirectly subject to any guarantee, indemnity or other contingent or indirect obligation with respect to the obligation of any other person or company not shown or
            reflected in the Company's most recent audited financial statements (the “Financial Statements”) filed on Edgar which will have been paid in full either from the Purchase Price or prior to payment of the Purchase Price; and the Sellers will pay any outstanding liability of the Company in excess of $100 with the Purchase Price;

            (i) the Company has good and marketable title to all of its assets, and such assets are free and clear of any financial encumbrances not disclosed in the Financial Statements; and

            (j) there are no claims threatened or against or affecting the Company nor are there any actions, suits, judgments, proceedings or investigations pending or, threatened against or affecting the Company, at law or in equity, before or by any Court, administrative
            agency or other tribunal or any governmental authority or any legal basi8s for same.

        

        3.     REPRESENTATIONS AND WARRANTIES OF THE PURCHASER

        3.1      Each Purchaser represents and warrants to the Seller that each Purchaser:

        
            (a) has the legal power and authority to execute and deliver this Agreement and to consummate the transactions hereby contemplated;

            (b) understands and agrees that offers and sales of any of the Purchased Shares prior to the expiration of a period of one year after the date of completion of the transfer of the Purchased Shares (the “Restricted Period”) as contemplated in this
            Agreement shall only be made in compliance with the safe harbor provisions set forth in Regulation S or pursuant to the registration provisions of the Securities Act or pursuant to an exemption therefrom, and that all offers and sales after the Restricted Period shall be made only in compliance with the registration provisions of the Securities Act or an exemption therefrom; and

            (c) is acquiring the Purchased Shares as principal for its own account, for investment purposes only, and not with a view to, or for, resale, distribution or fractionalization thereof, in whole or in part, and no other persona has a direct or indirect beneficial
            interest in the Purchased Shares.

        

        The foregoing representations and warranties are inserted for the exclusive benefit of the Purchasers and may be waived in all or in part by the Purchasers by notice in writing to the Sellers.

        4.     INDEMNIFICATION

        4.1     The Sellers jointly and severally hereby agree to indemnify and hold harmless the Purchasers and the Company against any losses, claims, damages or liabilities to which the Sellers or the Company may become subject insofar as such losses, claims, damages or liabilities arise out of or are based upon taxes, real
        property leases or equipment leases payable by or for which the Company has the primary liability; and in particular, any misrepresentations of the Sellers as contained herein.  Damages of the Purchasers are not limited to the amount of the Sellers received hereunder but will include each Purchaser's or Company's actual cost of any claim and full costs of negotiations and for defense. 

        
            

        

        5.     MISCELLANEOUS

        5.1      The parties hereto acknowledge that they have obtained independent legal advice with respect to this Agreement and acknowledge that they fully understand the provisions of this Agreement.

        5.2      Unless otherwise provided, all dollar amounts referred to in this Agreement are in United States dollars.

        5.3      There are no representations, warranties, collateral agreements, or conditions concerning the subject matter of this Agreement except as herein specified.

        5.4      This Agreement will be governed by and construed in accordance with the laws of the state of New York.  The parties hereby irrevocably attorn to the exclusive jurisdiction of the courts of New York with respect to any legal proceedings arising from this Agreement.

        5.5      The representations and warranties of the parties contained in this Agreement shall survive the closing of the purchase and sale of the Purchased Shares and shall continue in full force and effect for a period of three years.

        5.6      This Agreement may be executed in several counterparts, each of which will be deemed or be an original and all of which will together constitute once and the same instrument.

        5.7      Delivery of an executed copy of this Agreement by electronic facsimile transmission or other means of electronic communication capable of producing a printed copy will be deemed to be execution and delivery of this Agreement as of the date set forth on page one of the Agreement.

        Each of the parties hereto has executed this Agreement to be effective as of the day and year first above written. 

        Sellers

        

        /s/ Budi Setyawan     /s/ Herdiansyah Milana

         

        Purchasers

        

        /s/ Nai Sung Chou     /s/ Yidian
        Dong          /s/ Di Zhang          /s/ Zemin Su

         

        /s/ De Hong Chou

        

        Schedule A

        

        	
                    Purchasers

                	
                    No. of Shares Purchased

                
	
                    Nai Sung Chou

                	
                    516,000

                
	
                    Yidian Dong

                	
                    504,000

                
	
                    Zemin Su

                	
                    60,000

                
	
                    De Hong Chou

                	
                    60,000

                
	
                    Di Zhang

                	
                    60,000

                
	
                    Total

                	
                    1,200,000

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