Document:

EXHIBIT 10.48(a)

 

FIRST AMENDMENT TO PACKAGING AGREEMENT

 

This
Amendment (this “Amendment”) to that certain Packaging Agreement by and between
Cardinal Health PTS, LLC, successor by merger to Cardinal Health PTS, Inc. (“Cardinal
Health”) and Reliant Pharmaceuticals, Inc. (successor in interest to Reliant
Pharmaceuticals, LLC) (“Reliant”), dated as of October 30, 2002 (the “Agreement”),
shall be effective as of the last date executed below. Any capitalized terms
used and not otherwise defined herein shall have the meaning set forth in the
Agreement.

 

WHEREAS,
the parties now desire to amend the Agreement as set forth below to extend the
term of the Agreement upon the terms and conditions set forth in the Agreement.

 

NOW,
THEREFORE, in consideration of the mutual conditions and covenants set forth
herein, Cardinal Health and Reliant agree as follows:

 

1.                                      In accordance with Section 13 of the
Agreement, the term is extended for an additional three years commencing
October 31, 2005 and expiring November 1, 2008.

 

2.             Except as otherwise amended or modified by
this Amendment, the Agreement, and all previous amendments and all documents
and agreements contemplated thereby will remain unchanged and in full force and
effect.

 

3.             In the event of any conflict between the terms
of this Amendment, on the one hand, and the Agreement and all other documents
and agreements contemplated by any of the foregoing, on the other, the terms of
this Amendment will govern.

 

4.             This Amendment, the Agreement and all
documents and agreements contemplated by any of the foregoing, constitute the
entire agreement between the parties with respect to the subject matter hereof
and supersede all prior agreements and understandings of the parties relating
thereto.

 

5.             This Amendment may be modified or amended
only by written agreement of the parties hereto.

 

6.             This Amendment may be executed in
counterparts each of which will be deemed to be an original, but all of which
taken together will constitute one and the same instrument.

 

	
  CARDINAL HEALTH PTS, LLC

  	
   

  	
  RELIANT PHARMACEUTICALS,
  INC.

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  By:

  	
   

  	
   

  	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Name:

  	
   

  	
   

  	
   

  	
  Name:

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Title:

  	
   

  	
   

  	
   

  	
  Title:

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Date:

  	
   

  	
   

  	
   

  	
  Date:Exhibit 10.51  

SEPARATION AGREEMENT  

        FOR AND IN CONSIDERATION of the mutual promises, covenants, and agreements made in this agreement (this
"Agreement") by and between Stefan Aigner ("Employee," a term which includes Employee himself,
Employee's spouse, and all assigns, heirs, and successors in interest) and RELIANT PHARMACEUTICALS, INC. ("Reliant," a term which for the
purposes of this Agreement includes Reliant, any and all parent, subsidiary, and affiliate corporations), the parties agree as follows: 

1.     Termination of Employment  

        Employee hereby voluntarily resigns his employment with Reliant, which resignation will be effective at 12:01 am on January 31, 2006
("Termination Date"), whereupon all benefits and privileges related thereto shall cease, except as expressly set forth herein. Reliant and Employee
agree that this is a consensual separation and will not be categorized as termination by Reliant without cause or a termination by Employee without good reason. 

2.     No Admissions  

        Reliant and Employee agree that the entry of the parties into this Agreement, and the agreements contained herein, are not and shall not be construed to be an
admission of liability on the part of any party hereto or any parties hereby released or held harmless. 

3.     Adequacy of Consideration  

        The parties agree that Reliant has no obligation to Employee to make the payments or arrangements set forth herein independent of this Agreement. The parties
further acknowledge the adequacy of the "additional consideration" provided herein by each to the other, that this is a legally binding document, and that they intend to comply with and be faithful to
its terms. Employee acknowledges that he has received payment for all salary, accrued but unused vacation and reimbursement for all reimbursable business expenses accrued through the date that this
Agreement is executed by Employee, and except for the payments under this Agreement, or benefits in which he is vested under Reliant's employee benefit plans, and that he has received all amounts to
which he is otherwise entitled through such date. 

4.     Payments to Employee  

        In partial consideration for the promises of Employee set forth herein, Reliant agrees to pay Employee the following amounts on the terms described in this
Section 4: 

	a.
	THREE
HUNDRED TWENTY THOUSAND DOLLARS AND NO CENTS ($320,000.00) to be paid as follows: (i) ONE HUNDRED TWENTY THOUSAND 

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DOLLARS
AND NO CENTS ($120,000.00) within fourteen (14) days after the Termination Date, (ii) ONE HUNDRED THOUSAND DOLLARS AND NO CENTS ($100,000.00) on the last business day of the
second calendar quarter of 2006, (iii) ONE HUNDRED THOUSAND DOLLARS AND NO CENTS ($100,000.00) on the last business day of the third calendar quarter of 2006 and (iv) a final installment
of any remaining balance on the last business day of the fourth calendar quarter of 2006. The payments due pursuant to clauses (ii), (iii) and (iv) of this Section 4(a) shall be
contingent upon execution and delivery by Employee to the Company of a letter substantially in the form of Exhibit A attached hereto on a date
that is after the Termination Date but prior to the last business day of the second calendar quarter of 2006. 

	b.
	ONE
HUNDRED THOUSAND DOLLARS AND NO CENTS ($100,000.00) to be paid to Employee no later than March 31, 2006; provided that the payment described in this Section 2(b)
shall be subject to the terms of that certain side letter dated November 3, 2004 from Employee to Reliant for the benefit of Diversified Capital, L.L.C.
("DC") instructing Reliant to pay over of 50% of the after-tax proceeds of any bonus payment made by Reliant to Employee directly to DC in
respect of that certain Second Amended and Restated Secured Promissory Note dated November 3, 2004 made by Employee in favor of DC (the "DC
Note").

	c.
	The
payments made pursuant to this Section 4 shall be (i) reduced by statutorily required deductions and (ii) made in accordance with Reliant's normal payroll
practices.

	d.
	Reliant
will make the above-stated payments to Employee notwithstanding any set-off agreements which may have previously existed between Reliant and Employee and regardless
of whether he obtains any employment or income from any other source after the Termination Date.

	e.
	The
payments made pursuant to this Section 4 shall not be matched by Reliant or otherwise considered compensation to Employee for purposes of Reliant's 401(k) or other benefit
plans.

	f.
	Other
than as set forth herein, Reliant is not obligated to pay Employee any other compensation.

	g.
	Reliant
shall not be obligated to make any of the payments set forth herein if Employee breaches this Agreement in any material way or revokes it pursuant to Section 28 herein.
If Employee breaches the provisions of Sections 6 or 7 of this Agreement or the sections of the Employment Agreement (as defined below) that are listed in Section 24 hereof, he shall be
obligated to repay Reliant all amounts paid under this Section 4, other than $100 thereof. 

5.     Other Benefits  

        In further consideration for the promises of Employee set forth herein, Reliant agrees to: 

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	a.
	pay
the premiums applicable to Employee and/or his dependents pursuant to the Consolidated Omnibus Budget Reconciliation Act of 1985
("COBRA") to the extent that Employee and/or his dependents elect to continue coverage under Reliant's group health or dental plans as available under
COBRA. Such coverage shall be subject to the terms of the applicable policies that Reliant may have in place from time to time for similarly situated employees. Reliant's obligations to pay such
premiums shall expire on the earlier of January 31, 2007 or the date Employee and/or his dependents become covered under any other health plan or policy, whether or not Employee and/or his
dependent's rights to continue coverage under COBRA have ceased.

	b.
	Reliant
agrees to maintain the life insurance policy that has been collaterally assigned to DC in connection with the DC Note until the 30th day following the maturity
date of the DC Note.

	c.
	As
of the Termination Date, Employee will have a total of 65,000 vested options to purchase Reliant common stock. All such options shall continue to be governed by the Reliant
Pharmaceutical, LLC Equity Incentive Plan originally adopted as of July 6, 2000 (as amended) or the Reliant Pharmaceuticals, Inc. 2004 Equity Incentive Plan (as amended), as applicable,
and the agreements pursuant to which such options were granted, except as otherwise provided in this Agreement. Otherwise, all unvested options shall terminate effective as of the Termination Date.

	d.
	Reliant
agrees to amend the vested options held by Employee to provide that such options shall be exercisable for the remainder of their 10 year term, and shall not expire if
unexercised after 30 days of his Termination Date.

	e.
	Nothing
in this Agreement is intended to accelerate, alter or reduce any other vested or accrued benefits (if any) to which Employee may be entitled under Reliant's 401(k) Plan.

	f.
	In
the event that Employee breaches any of the provisions of this Agreement or the sections of the Employment Agreement that are listed in Section 24 hereof, then
(i) Reliant shall have no further obligation to make the premium payments under Sections 5(a) and (b), (ii) all vested and unexercised options then held Employee shall automatically
terminate and no longer be exercisable and (iii) Reliant shall have the right to repurchase any shares acquired by Employee after the 30th day following his Termination Date upon
exercise of vested options, at a repurchase price equal to the price paid by Employee to exercise such option. The repurchase right described in the immediately preceding clause (iii) shall
expire with respect to each breach 90 days following the date on which Reliant's chief executive officer had actual knowledge of such breach. Expiration of such repurchase right with respect to
one breach shall have no impact on Reliant's rights with respect to any other breach. 

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6.     Employee's Full Release of All Claims  

        In consideration for the undertakings and promises of Reliant set forth in this Agreement, Employee unconditionally releases, discharges, and holds harmless
(a) Reliant, its officers, directors, shareholders, employees, agents, attorneys, suppliers and contractors and (b)(i) all lineal descendants of Nicholas J. Pritzker, deceased, and all
spouses and adopted children of such descendants, (ii) all trusts for the benefit of any person described in clause (i) and the trustees of such trusts, (iii) all legal
representatives of any person or trust described in clauses (i) or (ii) and (iv) all persons or entities controlling, controlled by or under common control with any person, trust
or entity described in clauses (i), (ii), (iii) or (iv), and each of the respective officers, directors, managers, employees, direct and indirect equity holders, representatives, subsidiaries,
attorneys and agents, and their predecessors, successors and assigns of the persons or entities described in the immediately preceding clauses (herein collectively referred to as
"Releasees"), from each and every claim, cause of action, right, liability or demand of any kind and nature, and from any claims which may be derived
therefrom (collectively referred to as "claims"), that Employee had, has, or might claim to have against Releasees at the time Employee executes this
Agreement, including but not limited to any and all claims: 

	a.
	arising
from Employee's employment, pay, bonuses, commissions, vacation, sick leave, stock options, or any other Employee benefits, and other terms and conditions of employment or
employment practices of Reliant;

	b.
	relating
to the termination of Employee's employment with Reliant, the surrounding circumstances thereof, or any communications about the termination of Employee's employment;

	c.
	relating
to payment of any attorney's fees for Employee;

	d.
	based
on discrimination on the basis of race, color, religion, sex, national origin, handicap, disability, age or any other category protected by law under Title VII of the Civil
Rights Act of 1964, the Civil Rights Act of 1991, Executive Order 11246, the Equal Pay Act, the Americans With Disabilities Act, the Rehabilitation Act of 1973, the Age Discrimination in Employment
Act of 1967, the Older Workers Benefits Protection Act, COBRA, the Employee Retirement Income Security Act of 1974, the New Jersey Law Against Discrimination (as any of these laws may have been
amended) or any other similar labor, employment or anti-discrimination laws;

	e.
	based
on any contract, tort, whistleblower, personal injury, or wrongful discharge theory; and 

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	f.
	based
on any other federal, state or local constitution, regulation, law (statutory or common), or legal theory. 

7.     Employee's Covenant Not to Sue or Accept Recovery; No Prior Assignment  

        Employee covenants not to sue Reliant or any Releasees on account of any claim released hereby. Employee further covenants not to accept, recover or receive any
monetary damages or any other form of relief which may arise out of or in connection with any administrative remedies which may be filed with or pursued independently by any governmental agency or
agencies, whether federal, state or local. Employee represents and warrants that he has not assigned or transferred, in any manner, including by subrogation or operation of law, any portion of any
claim, action, complaint, charge or suit encompassed by the releases set forth in this Agreement. 

8.     On The Job Illness or Injury At The Time of Execution  

        Employee has no knowledge or claim of any condition, symptom or events that could give rise to or be the result of any on the job illness or injury. 

9.     Return of Property  

        Employee agrees that he has not removed any Reliant property from Reliant's premises, except as authorized by Reliant in writing, or that Employee will return all
of Reliant's property immediately
upon execution of this Agreement. Such property includes, but is not limited to, the original and any copies of any confidential information or trade secrets, all Reliant-issued vehicles, computers,
PDA's, keys, pass cards, customer lists, files, brochures, documents or computer disks or printouts, equipment and any other item relating to Reliant and its business. Further, Employee agrees that he
has not taken, procured, or copied any property of Reliant on or after the Termination Date. 

10.   Cooperation in Legal Matters  

        In consideration for the promises and payments by Reliant pursuant to this Agreement, Employee agrees to cooperate to the fullest extent possible in the
preparation, defense or prosecution of any legal matters involving Releasees about which Employee has or may have personal knowledge (other than Employee termination or any other claim he may bring
against Releasees), including any such matters which may be filed after the termination of Employee employment. 

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11.   Cooperation in Professional Transition of Business Affairs  

        In consideration for the promises and payments by Reliant pursuant to this Agreement, Employee agrees to cooperate to the fullest extent possible in the
professional transition of those business-related matters for which he was responsible during Employee's employment with Reliant. 

12.   No Interest in Reinstatement  

        Employee hereby acknowledges that Employee has no interest in reinstatement, reemployment or employment with Reliant, and Employee forever waives any interest in
or claim of right to any future employment by Reliant. Employee further covenants not to apply for future employment with Reliant. 

13.   Confidentiality Regarding This Agreement  

        Except as otherwise expressly provided in this Section 13, the parties agree that the terms and conditions of this Agreement are and shall be deemed to be
confidential and hereafter shall not be disclosed to any other person or entity. The only disclosures excepted by this Section 13 are (a) as may be required by law, (b) the
parties may tell prospective employers the dates of Employee's employment, positions held, and Employee's duties and responsibilities with Reliant, (c) the parties may disclose the terms and
conditions of this Agreement to their attorneys, accountants and/or tax advisors, (d) Reliant may disclose this Agreement, its terms and conditions to financing sources, investment bankers,
underwriters, advisors to such persons and in connection with an organic transaction; provided that the receiving party is subject to an obligation of confidentiality to Reliant and
(e) Employee may disclose the terms and conditions of this Agreement to his spouse, if any, provided, however, that Employee shall make Employee's spouse aware of the confidentiality provisions
of this paragraph and Employee's spouse agrees to keep the terms of this Agreement confidential. Employee shall be responsible for the
breach by his spouse of the confidentiality provisions of this Agreement. 

14.   Resignations  

        Employee hereby resigns as an officer of Reliant, each of its subsidiaries and any committees of the boards of directors of Reliant and each of its subsidiaries,
such resignations to be effective on the Termination Date. 

15.   Assignment  

        This Agreement shall be binding upon Employee and shall not be subject to assignment or delegation by Employee without Reliant's express written consent. This
Agreement shall likewise be binding upon Reliant and its successors and assigns, and shall be subject to assignment by Reliant, without Employee's consent, (a) to any affiliate of Reliant or
(b) to any third party in connection with (i) the sale of all or substantially all of the assets of Reliant or (ii) a 

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merger, consolidation or similar transaction involving Reliant. This Agreement shall inure to the benefit of and be enforceable by the parties hereto, and their respective
heirs, personal representatives, successors and assigns. 

16.   Severability  

        If any provision of this Agreement is held to be invalid, illegal or unenforceable, such provision shall be severed and enforced to the extent possible or
modified in such a way as to make it enforceable, and the invalidity, illegality or unenforceability thereof shall not affect the validity, legality or enforceability of the remaining provisions of
this Agreement; provided, however, that both parties acknowledge and agree that the general release contained in Section 6, and the covenants in Sections 7 and 24 hereof are essential
terms of this Agreement. If any of Section 6 or Sections 7 and 24 is held to be unenforceable by an arbitrator pursuant to Section 22 or a court of competent jurisdiction, the
remaining provisions of this Agreement shall be enforceable at Reliant's sole discretion. 

17.   Governing Law  

        This Agreement shall be governed by and interpreted and construed in accordance with the laws of the State of New Jersey without reference to its internal
conflict of law principles. 

18.   Expenses  

        Each of Reliant and Employee shall bear its/his own costs and expenses in connection with the negotiation and documentation of this Agreement. 

19.   Counterparts  

        This Agreement may be executed in counterparts, each of which shall be an original, but all of which shall constitute one and the same instrument. 

20.   Jurisdiction and Venue  

        The parties irrevocably agree that all actions to enforce an arbitrator's decision pursuant to Section 22 of this Agreement may be instituted and litigated
in federal, state or local courts sitting in Newark, New Jersey and each of such parties hereby consents to the jurisdiction and venue of such court, waives any objected based on  forum non conveniens
and any right to a jury trial as set forth in Section 21 of this Agreement. 

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21.   Waiver of Jury Trial  

        EMPLOYEE HEREBY WAIVES, RELEASES AND RELINQUISHES AND ALL RIGHTS HE MAY HAVE TO A TRIAL BY JURY WITH RESPECT TO ANY ACTIONS ARISING DIRECTLY OR INDIRECTLY AS A
RESULT OR IN CONSEQUENCE OF THIS AGREEMENT, INCLUDING, WITHOUT LIMITATIONS, ANY CLAIM OR ACTION TO REMEDY ANY BREACH OR ALLEGED BREACH HEREOF, TO ENFORCE ANY TERM HEREOF, OR IN CONNECTION WITH ANY
RIGHT, BENEFIT OR OBLIGATION ACCORDED OR IMPOSED BY THIS AGREEMENT. 

22.   Arbitration  

        Notwithstanding anything herein to the contrary, in the event that there shall be a dispute among the parties arising out of or relating to this Agreement, or the
breach thereof, the parties agree that such dispute shall be resolved by final and binding arbitration in Newark, New Jersey, administered by the American Arbitration Association (the
"AAA"), in accordance with the New Jersey Alternative Procedure for Dispute Resolution Act, AAA's Commercial Arbitration Rules and the Federal Rules of
Civil Procedure relating to the production of evidence. The parties agree that the arbitrator may impose sanctions in his or her discretion to enforce compliance with discovery and other obligations.
Such arbitration shall be presided over by a single arbitrator. If Employee, on the one hand, and Reliant, on the other hand, do not agree on the arbitrator within fifteen (15) days after a
party requests arbitration, the arbitrator shall be selected by Reliant and employee from a list of five (5) potential arbitrators provided by AAA. Such list shall be provided within ten
(10) days of the request of any party for arbitration. The party requesting arbitration shall delete one name from the list. The other party shall delete one name from the list. This process
shall then be repeated in the same order, and the last remaining person on the list shall be the arbitrator. This selection process shall take place within the two (2) business days following
both parties' receipt of the list of five (5) potential arbitrators. Hearings in the arbitration proceedings shall commence within twenty (20) days of the selection of the arbitrator or
as soon thereafter as the arbitrator is available. The arbitrator shall deliver his or her opinion within twenty (20) days after the completion of the arbitration hearings. The arbitrator's
decision shall be final and binding upon the parties, and may be entered and enforced in any court of competent jurisdiction
by either of the parties. The arbitrator shall have the power to grant temporary, preliminary and permanent relief, including without limitation, injunctive relief and specific performance. Unless
otherwise ordered by the arbitrator pursuant to this Agreement, the arbitrator's fees and expenses shall be shared equally by the parties. 

23.   No Reliance Upon Other Statements  

        This Agreement is entered into without reliance upon any statement or representation of any party hereto or parties hereby released other than the statements and
representations contained in writing in this Agreement. 

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24.   Survival of Certain Covenants in the Amended Employment Agreement  

        The parties recognize that certain terms of the Amended and Restated Employment Agreement, dated July 6, 2000 (as amended, the
"Employment Agreement"), are intended to survive Employee's termination, including, but not limited to Section 7 (Confidentiality; Insider
Trading), Section 8 (Assignment of Inventions), all subsections of Section 9 (Covenants Not to Compete) other than subsections (b) and (c), Section 12 (Amendment),
Section 15 (Binding Effect), Section 22 (Governing Law), Section 23 (Waiver of Jury Trial), and 24 (Arbitration). To the extent that any conflicts may arise between this Agreement
and the surviving sections of the Employment Agreement, this Agreement shall be deemed controlling. 

25.   Entire Understanding  

        The parties acknowledge that this Agreement (together with those section of the Employment Agreement that survive as provided in Section 24 above) contains
the entire understanding of the parties with respect to the subject matter hereof. This Agreement may not be modified without the express written consent of the parties hereto. 

26.   No Waiver  

        Any failure by any party to enforce any of their rights and privileges under this Agreement shall not be deemed to constitute waiver of any rights and privileges
contained herein. 

27.   Full and Knowing Waiver  

        By signing this Agreement, Employee certifies that: 

	a.
	Employee
carefully read and fully understands the provisions of this Agreement;

	b.
	Employee
was advised by Reliant in writing, via this Agreement, to consult with an attorney before signing this Agreement;

	c.
	Reliant
allows Employee twenty-one (21) days from its initial presentation to Employee to consider this Agreement before signing it; and,

	d.
	Employee
agrees to its terms knowingly, voluntarily and without intimidation, coercion or pressure. 

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28.   Revocation of Agreement  

        Employee may revoke this Agreement within seven (7) calendar days after signing it. To be effective, such revocation must be received in writing by
Dr. Ernest Mario personally at Reliant Pharmaceutical, Inc., 110 Allen Road Liberty Corner, New Jersey 07938. Revocation can be made by hand delivery, telegram, facsimile, or postmarking
before the expiration of this seven (7) days period. Anything to the contrary in this Agreement notwithstanding, none of the obligations of Reliant under this Agreement shall be effective in
the event that Employee revokes this Agreement pursuant to this Section 28. 

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        IN WITNESS WHEREOF the undersigned hereunto set their hands to this Separation Agreement on the dates written below. 

	EMPLOYEE:	 	RELIANT PHARMACEUTICALS, INC.
	

	
 	

By:	

	Stefan Aigner	 	 	Name:

Title:
	Date: January     , 2006	 	Date: January     , 2006
	

Address:	
 	

 	

 
	

	
 	

 	

 
	

	
 	

 	

 
	

	
 	

 	

 

	

 	
 	

 	
 	

 	
 	

 	
 	

 
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EXHIBIT A 

                        ,
2006 

Reliant
Pharmaceuticals, Inc.

110 Allen Road

Liberty Corner, NJ

Attention: Ernest Mario, Chairman and CEO 

	Re:
	Separation
Agreement 

Dear
Dr. Mario: 

        Reference
is made to the Separation Agreement (the "Separation Agreement") between Reliant Pharmaceuticals, Inc.
("Reliant") and the undersigned ("Employee"), which agreement was executed by Reliant on
January     , 2006 and by Employee on January     , 2006. Capitalized terms used but not otherwise defined in this letter have the meanings ascribed to them in the
Separation Agreement. 

        This
letter is being delivered pursuant to Section 4(a) of the Separation Agreement. 

        Employee
hereby (a) reaffirms the provisions of the Separation Agreement, (b) acknowledges that he has received payment for all salary, accrued but unused vacation and
reimbursement for all reimbursable business expenses accrued through the Termination Date, and except for the payments under this
Agreement, or benefits in which he is vested under Reliant's employee benefit plans, and that he has received all amounts to which he is otherwise entitled through the Termination Date,
(c) agrees that the provisions of Section 6 of the Separation Agreement shall also cover the period from the date the Separation Agreement was executed by Employee through and including
the Termination Date, (d) agrees that the provisions of Section 7 shall apply to any claims or other matters released pursuant to the preceding clause (c) and (e) agrees
that the provisions of Sections 17, 20, 21, and 22 of the Separation Agreement apply to this letter. 

Sincerely,

	

 Stefan Aigner	
 	

 

	

 	
 	

 	
 	

 	
 	

 	
 	

 
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