Document:

EXHIBIT 10.64

OFFER LETTER WITH DR. JAN OHRSTROM
TO BECOME AN AVIGEN DIRECTOR

     [Avigen letterhead]

February 2, 2007

Dear Jan:

We are pleased that you have expressed the desire to become a member of the Board of Directors of Avigen, Inc. This is an exciting time for Avigen, and we believe that your skills and experience can greatly assist in moving Avigen forward. We would like to provide you with further information regarding your compensation as a member of the Board of Directors, should you decide to accept. 

     1. Stock Option Grants. Upon your election to the Board of Directors, and in consideration of your services to Avigen as a director, you will be granted non-statutory stock options to purchase an aggregate of 30,000 shares of Avigen’s Common Stock under Avigen’s 2006 Equity Incentive Stock Option Plan. As a non-employee director, you will also be granted an option to purchase an additional 20,000 shares at each annual meeting of Avigen’s stockholders (with respect to the first such grant, your option will be pro rated such that the fraction of such 20,000 shares shall equal the fraction of the year that you serve until the 2007 annual meeting). All such options shall have an exercise price equal to the fair market value of Avigen’s Common Stock on the date of grant and shall vest over three years, with 33% vesting after the first year of grant, 34% after the second year of
grant and the remaining 33% vesting after the third year of grant. The options shall be subject to vesting restrictions and other standard provisions set forth in Avigen’s stock option documentation. 

     2. Reimbursement for Board Duties. As a non-employee director of Avigen, you will receive an annual retainer of $28,000, payable in quarterly installments. In addition, you will also be reimbursed for your expenses in attending Board of Directors and committee meetings. 

     3. Indemnity Agreement. Avigen enters into a standard form of indemnity agreement with each of its directors. Such agreements require Avigen to indemnify its directors to the fullest extent permitted by law. 

     4. Proprietary Information. In your role as a director of Avigen, you will be expected not to use or disclose any confidential information, including trade secrets, of any former employer or other person to whom you have an obligation of confidentiality. Additionally, you will receive confidential and proprietary information belonging to Avigen, which you will have a duty of care and a duty of loyalty to protect. 

     5. Nature of Relationship. Your relationship with Avigen will be as a member of the Board of Directors and will not involve an employment or consulting relationship. This letter, together with the indemnity agreement and documents relating to your option grant, forms the complete and exclusive statement of our understanding with respect to your service on Avigen’s Board of Directors. The terms in this letter supersede any other agreements or promises made to you by anyone, whether oral or written. 

     This offer is contingent upon formal election by Avigen’s Board of Directors, clearance with our Directors & Officers Insurance carrier, and confirmation that you will be considered an “independent director” for purposes of the Nasdaq Stock Market rules and regulations.

     Please sign and date this letter and return it to me to confirm that you wish to accept membership on the Board of Directors under the terms described above. 

	  	Very truly yours,  
		 
	  	AVIGEN, INC.
   
	  
	  	By: 	    	/s/ KENNETH CHAHINE        	 
	  	 	Kenneth Chahine   
	  		President and Chief Executive Officer   
	  
	Accepted:   
	  
	/s/ JAN OHRSTROM                	 	February 5, 2007                	 	 
	Jan Ohrstrom  	DateSummary of Contract of Principle Secured Loan Agreement

 

	
            Lender:
 	
            Nanjing City Commercial Bank
 

 

	
            Borrower:
 	
            Goldenway Nanjing Garments Co., ltd.
 

 

	
            Amount:
 	
            Authorized amount up to $6.41 million
 

 

	
            Maturity:
 	
            within 24 months
 

 

	
            Interest:
 	
            0.4875% per month
 

 

	
            Security:
 	
            Secured by land and the completed constructions of new facilities
 

 

	
            Executed:
 	
            August 15, 2006EXHIBIT 10.19

    EXHIBIT 10.19 

    FORM OF AGREEMENT WITH RESPECT TO FORFEITURES OF SHARES COVERED
      BY
      PERFORMANCE-BASED RESTRICTED STOCK AWARD

    
 

    AGREEMENT

    

    THIS
      AGREEMENT
      is made
      as of this ____ day of ______________________ 2007 (the “Effective Date”)
      between KNBT Bancorp, Inc. (the “Corporation”) and ______________________ (the
“Recipient”).

    

    WHEREAS,
      the
      Corporation granted to the Recipient on ______________________, 2006 (the “Grant
      Date”) a Performance Share Award (the “Award”) covering _____________ shares
      (the “Shares”) of the common stock, $0.01 par value per share (the “Common
      Stock”), of the Corporation, pursuant to the terms of the 2004 Recognition and
      Retention Plan and Trust Agreement (the “Plan”);

    

    WHEREAS,
      pursuant
      to the terms of the Award, certain performance criteria (the “Targets”) are
      required to be satisfied before any of the Shares subject to the Award will
      vest;

    

    WHEREAS,
      pursuant
      to the terms of the Award, in the event the Enhanced Performance Targets (as
      such term is defined in the Award) (the “Enhanced Targets”) are achieved, the
      number of Shares subject to the Award shall increase to               shares;

    

    WHEREAS,
      if the
      Targets or the Enhanced Targets are achieved, then 60% of the Shares (_____
      shares if the Targets are achieved or          
      if
      the
      Enhanced Targets are achieved) subject to the Award, subject to any adjustment
      thereof as provided by Section 10.01 of the Plan, will vest on the third annual
      anniversary of the Grant Date (the “Valuation Date”);

    

    WHEREAS,
      if the
      Targets or the Enhanced Targets are achieved, then the remaining _____ unearned
      Shares or        
      unearned
      Shares if the Enhanced Targets are achieved (the “Remaining Shares”) amounting
      to 40% of the Shares awarded (taking into account the increase in the number
      of
      Shares covered by the Award in the event the Enhanced Targets are achieved),
      subject to any adjustment thereof as provided by Section 10.01 of the Plan,
      will
      be earned pro rata on the fourth and fifth annual anniversaries of the Grant
      Date;

    

    WHEREAS,
      the
      Corporation wishes to pay the Recipient a cash bonus valued on the basis of
      the
      fair market value of the Remaining Shares on the Valuation Date in exchange
      for
      the Recipient relinquishing any claims to the Remaining Shares; and

    

    WHEREAS,
      the
      Recipient is willing to accept the cash bonus in lieu of receiving the Remaining
      Shares if the Targets are achieved under the terms of the Award.

    

    NOW,
      THEREFORE, in
      consideration of the premises and the mutual covenants and conditions
      hereinafter set forth, the Corporation and the Recipient do hereby agree as
      follows:

    

    1.  Bonus.
      If
      the
      Targets or the Enhanced Targets set forth in the Award are achieved and the
      Recipient remains employed by the Corporation or a subsidiary thereof on the
      Valuation Date, then the Corporation will pay to the Recipient in a lump sum
      within five business days of the Valuation Date a cash bonus (the “Bonus”) equal
      to the fair market value per share of the Common Stock on the Valuation Date
      multiplied by the number of Remaining Shares.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    2.  Valuation.
      For
      purposes hereof, the “fair market value” of a share of Common Stock shall be the
      closing sale price of a share of Common Stock on the Valuation Date (or, if
      such
      day is not a trading day in the U.S. markets, on the nearest preceding trading
      day), as reported with respect to the principal market (or the composite of
      the
      markets, if more than one) in which such shares are then traded, or if no such
      closing prices are reported, the mean between the high bid and low asked prices
      that day on the principal market then in use, or if no such quotations are
      available, the price furnished by a professional securities dealer making a
      market in such shares selected by the Executive Compensation Committee (the
      “Committee”) of the Corporation.

    

    3.  Forfeiture.
      By
      acceptance of and entry into this Agreement, the Recipient forgoes any claim
      to
      receive the Remaining Shares even if the Targets are achieved.

    
      

      4.  Withholding.
        The
        Corporation, in its discretion, may withhold from the Bonus made to the
        Recipient sufficient amounts to cover any applicable withholding and employment
        taxes with respect to the Award as well as the Bonus.

       

      5.  Non-transferability.
        The
        Bonus
        granted hereby to the Recipient may not be sold, assigned, transferred, pledged,
        or otherwise encumbered or disposed of prior to the time that it is earned
        and
        distributed pursuant to the terms of this Agreement.

    

    
      

      6.  Administration.
        The
        authority to manage and control the operation and administration of this
        Agreement shall be vested in the Committee. Any interpretation of the Agreement
        by the Committee and any decision made by it with respect to the Agreement
        are
        final and binding (in the absence of action by the Board of Directors of
        the
        Corporation) on the Recipient and the Recipient’s heirs, executors,
        administrators and successors.

    

     

    7.  Not
      an Employment Contract.
      This
      Agreement will not confer on the Recipient any right with respect to continuance
      of employment or other service with the Corporation or any subsidiary thereof,
      nor will it interfere in any way with any right the Corporation or any
      subsidiary thereof would otherwise have to terminate or modify the terms of
      the
      Recipient’s employment or other service at any time.

    

    8.  Severability.
      Should
      any provision of this Agreement be held by a court of competent jurisdiction
      to
      be unenforceable or invalid for any reason, the remaining provisions of this
      Agreement shall not be affected by such holding and shall continue in full
      force
      in accordance with their terms.

    

    9.  Governing
      Law.
      Except
      to the extent pre-empted by federal law, this Agreement shall be governed by
      the
      laws of the Commonwealth of Pennsylvania. 

    

           
        10.  Amendment.
        This
        Agreement may be amended by written agreement of the Recipient and the
        Corporation, without the consent of any other person.

      
 

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    IN
      WITNESS WHEREOF,
      the
      Corporation has caused this Agreement to be executed by its duly authorized
      officer, and the Recipient has hereunto set his or her hand, all as of the
      day
      first above written.

    

    
      	
              ATTEST:

            	 	 	
              KEYSTONE
                NAZARETH BANK

            
	 	 	 	
              &
                TRUST COMPANY

            
	 	 	 	 	 
	
              BY:

            	 	 	
              BY:
                

            	 
	
              Name:

            	
              Michele
                A. Linsky

            	 	
              Name:

            	
              Jeffrey
                P. Feather

            
	
              Title:

            	
              Corporate
                Secretary

            	 	
              Title:

            	
              Chairman
                of the Board 

            
	 	 	 	 	 
	 	 	 	 	 
	 	 	 	 	 
	
              [Seal]

            	 	 	
              [NAME
                OF RECIPIENT]

            
	 	 	 	 	 
	 	 	 	 	
              [Name]

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