Document:

EX-10.4

EXHIBIT 10.4

April 14, 2006

Ms. Janet Hawkins

RemedyTemp, Inc.

101 Enterprise

Aliso Viejo CA 92656

	 	 	 	Re: Amendment of Change in Control Severance Agreement

Dear Janet:

Reference is made to that certain Change in Control Severance Agreement between you and
RemedyTemp, Inc., a California corporation (the “Company”), dated as of April 22, 2005 (the
“Agreement”). The purpose of this letter agreement is to amend certain provisions of the Agreement
as follows:

A new Section 3.3(c) is hereby added to the Agreement, effective immediately, to read in its
entirety as follows:

	 	 	 	“(c) The Executive may elect to continue coverage under the Company’s medical and
dental plans (for the Executive and, if applicable, the Executive’s eligible
dependents) pursuant to the Executive’s rights under the Consolidated Omnibus Budget
Reconciliation Act (“COBRA”). If the Executive elects to continue such coverage, for
the period commencing with the Effective Date of Termination and continuing thereafter
for the number of months set forth in Section 3.3(a) (the “COBRA Reimbursement
Period”), the Company shall pay or reimburse the Executive for one hundred percent
(100%) of the Executive’s COBRA premiums to continue such coverage as in effect
immediately prior to the Effective Date of Termination. Notwithstanding the foregoing,
the Company’s payment or reimbursement obligations under this Section 3.3(c) shall
cease immediately upon the Executive’s eligibility for medical coverage provided by any
successor employer of the Executive. From and after the last day of the COBRA
Reimbursement Period (or such earlier date that the Executive may be eligible for
medical coverage provided by any successor employer of the Executive), the Executive
shall be solely responsible for the COBRA premiums for any COBRA continuation coverage
that the Executive may be permitted to and may so elect.”

This letter agreement does not modify any other terms of the Agreement except as expressly set
forth above.

If this letter accurately sets forth our agreement with respect to the foregoing matters,
please sign the enclosed copy of this letter and return it to me.

Sincerely,

Gunnar B. Gooding

Senior Vice President

Legal Affairs and Human Resources

RemedyTemp, Inc.

Acknowledged and Agreed:

	 	 	 	 	 
	By:

	 	

	 	

	
 
	 	 
	 	 
	
 
	 	Janet Hawkins
	 	DateEX-10.1

	 	 	 	 	 
	
Memory Pharmaceuticals Corp.
 100 Philips Parkway
Montvale, New Jersey 07645
Phone: (201) 802-7125
Fax: (201) 802-7190
	 	David A. Lowe, Ph.D.

	www.memorypharma.com
	 	Chief Scientific Officer

	 
	 	 	 	 

February 8, 2006

Dear Dr. Murray:

We are pleased to extend an offer to you to join Memory Pharmaceuticals Corp. (the “Company”)
as Vice President of Clinical Development. We look forward to you joining our team, and are
confident that you will contribute significantly to the value of our organization. We are
therefore pleased to provide you with the terms of your anticipated employment by the Company.

1. Position. Your position will be Vice President of Clinical Development, based out
of the Company’s offices currently located in Montvale, New Jersey, and you will report directly
to the Company’s Chief Scientific Officer. As Vice President of Clinical Development, you will be
part of the Company’s senior management team, and will work closely with this team to establish
strategic, value-building relationships with pharmaceutical companies and contract research
organizations. Your responsibilities shall include, but not be limited to, managing the Company’s
clinical research and development activities. In addition to performing duties and
responsibilities associated with the position of Vice President of Clinical Development, from time
to time the Company may assign you other duties and responsibilities and/or may assign you to a
different location.

As a full-time employee of the Company, you will be expected to devote your full business
time and energies to the business and affairs of the Company. You agree not to engage in any
activities outside of the scope of your employment that would detract from, or interfere with, the
fulfillment of your responsibilities or duties under this letter agreement. You agree that you
will not, without the prior consent of the Company’s Board of Directors, serve as a director or
the equivalent position of any company or entity and you will not render services of a business,
professional or commercial nature to any other person or firm. Your performance will be reviewed
formally after six (6) months of employment and annually thereafter at the end of each calendar
year. You acknowledge that a performance review does not guarantee a salary increase.

2. Starting Date/Nature of Relationship. It is expected that your employment will
start on April 17, 2006 or on such other date as we may mutually agree (the “Start Date”). No
provision of this letter shall be construed to create an express or implied employment contract
for a specific period of time. Either you or the Company may terminate the employment
relationship at any time and for any reason, by giving at least thirty (30) days’ prior written
notice to the other party. The Company, in its sole discretion, may elect to terminate your
employment immediately or during such thirty (30) day notice period, but in this event you will
continue to receive an amount equal to your base salary, less applicable deductions, that you
otherwise would have received during the balance of such thirty (30) day notice period.

3. Compensation.

(a) Your initial base salary will be at the semi-monthly rate of $11,458.34, less applicable
deductions, (annualized at $275,000.00).

(b) You will receive a one-time sign-on bonus of $75,000.00, less applicable deductions,
payable within thirty (30) days of the Start Date (the “Sign-on Bonus”). If you resign or the
Company terminates your employment for Cause (as defined below) within eighteen (18) months of
your Start Date, you will be obligated to repay the full amount of the Sign-on Bonus to the
Company.

(c) On the Start Date, you will receive stock options to purchase 200,000 shares of the
Company’s Common Stock, which will be in the form of incentive stock options, to the extent
permissible under applicable law, and the balance will be in the form of non-qualified stock
options. Such stock options (i) will entitle you to purchase the Company’s Common Stock at the
closing price per share of the Company’s Common Stock on the Nasdaq National Market (“NASDAQ”) on
the Start Date, in accordance with the Company’s Amended and Restated 2004 Stock Incentive Plan,
and (ii) shall vest in quarterly increments over a period of four (4) years commencing on the
Start Date, as described in the Company’s standard form of Stock Option Agreement, which you agree
to execute and deliver to the Company on or before the Start Date.

(d) You will be eligible to receive an annual bonus dependent on the performance of the
Company and your individual performance, subject to the discretion of the Board of Directors.
Your target bonus will be equal to twenty five percent (25%) of your base salary, assuming the
achievement of such Company and individual performance objectives. The actual amount paid, if
any, shall be determined by the Board of Directors in its sole discretion.

(e) Upon termination of your employment for any reason, the Company will pay you within two
(2) weeks of such termination, your current base salary earned through the termination date, plus
accrued and unused vacation, if any, and other benefits or payments, if any, to which you are
entitled. In the event your employment is terminated by the Company without “Cause” (as defined
below), then the Company will continue to pay you your bi-weekly rate in effect at the time of
termination and provide and pay the Company’s portion of your medical insurance for a period of
six (6) months. Further, for the period commencing seven (7) months following such termination
and ending twelve (12) months after such termination, the Company will continue to pay you your
semi-monthly rate in effect at the time of termination and provide and pay the Company’s portion
of your medical insurance, except that such severance payments made to you during this period will
be reduced by all 1099 and W-2 income earned or received by you during such period, including
income earned or received from consulting services or temporary employment, and the Company’s
payments for your medical insurance will terminate when you have obtained such coverage through an
alternate source before the end of the twelve (12) month period following your termination. The
Company will reconcile such payments with you quarterly, and any additional payments owed to you
by the Company, and any payments owed to the Company by you, will be paid respectively within two
(2) weeks following such reconciliation period. The Company will not be obligated to continue any
such payments to you under this paragraph 3(e) in the event you materially breach the terms of
this letter agreement or the Confidentiality Agreement (as defined below). Notwithstanding any
termination of your employment for any reason (with or without Cause), you shall continue to be
bound by the provisions of the Confidentiality Agreement.

All payments and benefits provided pursuant to this paragraph 3(e) shall be conditioned upon
your execution and non-revocation of a general release substantially in the form attached hereto
as Exhibit A at the time of termination. Your refusal to execute a general release shall
constitute a waiver by you of any and all benefits referenced in this paragraph 3(e). The
Company will not be obligated to continue any such payments to you under this paragraph 3(e) in
the event you materially breach the terms of this letter agreement or the Confidentiality
Agreement.

(f) For the purposes of this paragraph, “Cause” shall include (i) your conviction of a
felony, either in connection with the performance of your obligations to the Company or otherwise,
which adversely affects your ability to perform such obligations or materially adversely affects
the business activities, reputation, goodwill or image of the Company, (ii) your willful
disloyalty, deliberate dishonesty, breach of fiduciary duty, (iii) your breach of the terms of
this letter agreement, or your failure or refusal to carry out any material tasks or
responsibilities assigned to you by the Company in accordance with the terms hereof, which breach
or failure continues for a period of more than thirty (30) days after your receipt of written
notice thereof from the Company, (iv) the commission by you of any act of fraud, embezzlement or
deliberate disregard of a rule or policy of the Company known to you or contained in a policy and
procedure manual provided to you which results in material loss, damage or injury to the Company,
or (v) the material breach by you of any of the provisions of the Confidentiality Agreement.

4. Benefits. You will be entitled as an employee of the Company to receive such
benefits as are generally provided its employees and executives and for which you are eligible in
accordance with Company policy as in effect from time to time. The Company retains the right to
change, add or cease any particular benefit relating to its employees and executives generally.
At this time, the Company is offering a benefit program, consisting of medical, dental, life and
short/long term disability insurance, as well as a 401(k) retirement plan and flexible spending
plan. You will be eligible for eleven (11) paid holidays, four (4) floating holidays and four (4)
weeks paid vacation per year, which will be pro-rated for the 2006 calendar year based on the
Start Date. You will accrue additional vacation days in accordance with Company policy.

5. Confidentiality. The Company considers the protection of its confidential
information and proprietary materials to be very important. Therefore, as a condition of your
employment, you will be required to execute and deliver to the Company, on or before the Start
Date, a Confidentiality and Noncompetition Agreement substantially in the form of Exhibit
B to this letter (the “Confidentiality Agreement”).

6. General.

(a) This letter agreement, together with the Confidentiality Agreement and the Stock Option
Agreement(s), when executed, will constitute our entire agreement as to your employment by the
Company and will supersede any prior agreements or understandings, whether in writing or oral.

(b) This letter agreement shall be subject to and contingent upon the satisfactory results of
the Company’s due diligence, such as a medical examination, satisfactory reference, background and
education verification.

(c) This letter agreement shall be subject to our receipt of satisfactory documentation of
your freedom to operate in the CNS field. By signing this letter agreement, you represent and
warrant to the Company that your execution of this letter and performance by you of the activities
contemplated hereby on behalf of the Company will not conflict with, violate or constitute a
breach of any agreement to which you are a party or by which you may be bound.

(d) This letter agreement and the Company’s obligations hereunder shall be subject to review
and approval by the Company’s Board of Directors and the Compensation Committee thereof.

(e) This letter agreement shall be governed by the law of the State of New Jersey. In the
event of any legal proceedings relating to this letter agreement and/or the subject matter
thereof, the parties consent to the exclusive jurisdiction of the courts located in the State of
New Jersey. THE PARTIES HEREBY EXPRESSLY WAIVE THEIR RIGHT TO HAVE A JURY TRIAL.

You may accept this offer of employment and the terms thereof by signing the enclosed
additional copy of this letter agreement and the Confidentiality Agreement, which execution will
evidence your agreement with the terms set forth herein and therein, and returning them to the
Company.

Unless accepted by you prior to February 17, 2006, this offer of employment will expire at
the close of business on February 17, 2006 and is contingent upon your agreement to commence
employment on or before the Start Date. We look forward to you joining our team, and we believe
that your skills will compliment those of our existing management team, and that you will make a
significant contribution to the Company’s growth. We look forward to your prompt response to this
offer letter.

Sincerely,

Memory Pharmaceuticals Corp.

	 	 	 
	By:

	 	/s/ David A. Lowe
	
 
	 	 
	Name:

	 	David A. Lowe, Ph.D.

Chief Scientific Officer

	 	 	ACCEPTED AND AGREED:

/s/ Stephen Murray

	 	 	Stephen Murray, M.D., Ph.D.

Date: February 8, 2006

1

EXHIBIT A

FORM OF GENERAL RELEASE OF CLAIMS

GENERAL RELEASE OF CLAIMS

For and in consideration of the payments and other benefits described in the letter agreement
dated as of February 8, 2006 (the “Letter Agreement”) by and between Memory Pharmaceuticals Corp.
(the “Company”), and Stephen Murray, M.D., Ph.D. (“Employee”) and for other good and valuable
consideration, Employee hereby releases the Company and its respective divisions, operating
companies, affiliates, subsidiaries, parents, branches, predecessors, successors, assigns,
officers, directors, trustees, employees, agents, shareholders, administrators, representatives,
attorneys, insurers and fiduciaries, past, present and future (the “Released Parties”), from any
and all claims of any kind arising out of or related to Employee’s employment with the Company,
Employee’s separation from employment with the Company or derivative of Employee’s employment,
which Employee now has or may have against the Released Parties, whether known or unknown to
Employee, by reason of facts which have occurred on or prior to the date that Employee has signed
this General Release of Claims. Such released claims include, without limitation, any alleged
violation of the Age Discrimination in Employment Act, as amended, the Older Worker Benefits
Protection Act; Title VII of the Civil Rights of 1964, as amended; Sections 1981 through 1988 of
Title 42 of the United States Code; the Civil Rights Act of 1991; the Equal Pay Act; the Americans
with Disabilities Act; the Rehabilitation Act; the Family and Medical Leave Act; the Fair Labor
Standards Act; the Employee Retirement Income Security Act of 1974, as amended; the Worker
Adjustment and Retraining Notification Act; the National Labor Relations Act; the Fair Credit
Reporting Act; the Occupational Safety and Health Act; the Uniformed Services Employment and
Reemployment Act; the Employee Polygraph Protection Act; the Immigration Reform Control Act; the
retaliation provisions of the Sarbanes-Oxley Act of 2002; the Federal False Claims Act; the New
Jersey Law Against Discrimination; the New Jersey Domestic Partnership Act; the New Jersey
Conscientious Employee Protection Act; the New Jersey Family Leave Act; the New Jersey Wage and
Hour Law; the New Jersey Equal Pay Law; the New Jersey Occupational Safety and Health Law; the New
Jersey Smokers’ Rights Law; the New Jersey Genetic Privacy Act; the New Jersey Fair Credit
Reporting Act; the retaliation provisions of the New Jersey Workers’ Compensation Law (and
including any and all amendments to the above) and/or any other alleged violation of any federal,
state or local law, regulation or ordinance, and/or contract or implied contract or tort law or
public policy or whistleblower claim, having any bearing whatsoever on Employee’s employment by and
the termination of Employee’s employment with the Company, including, but not limited to, any claim
for wrongful discharge, back pay, vacation pay, sick pay, wage, commission or bonus payment, money
or equitable relief or damages of any kind, attorneys’ fees, costs, and/or future wage loss.

It is understood that this General Release of Claims is not intended to and does not affect or
release any future rights or any claims arising after the date hereof.

Employee understands that the consideration provided to him under the terms of the Letter
Agreement or otherwise does not constitute an admission by the Company that it has violated any law
or legal obligation.

Employee agrees, to the fullest extent permitted by law, that he will not commence, maintain,
prosecute or participate in any action or proceeding of any kind against the Company based on any
of the claims waived herein occurring up to and including the date of his signature. Employee
represents and warrants that he has not done so as of the effective date of this General Release of
Claims. Notwithstanding the foregoing agreement, representation and warranty, if Employee violates
any of the provisions of this paragraph, Employee agrees to indemnify and hold harmless the Company
from and against any and all costs, attorneys’ fees and other expenses authorized by law which
result from, or are incident to, such violation. This paragraph is not intended to preclude
Employee from (1) enforcing the terms of the Letter Agreement; (2) challenging the validity of this
General Release of Claims; or (3) filing a charge or participating in any investigation or
proceeding conducted by the Equal Employment Opportunity Commission.

Employee further agrees to waive his right to any monetary or equitable recovery should any
federal, state or local administrative agency pursue any claims on his behalf arising out of or
related to his employment with and/or separation from employment with the Company and promises not
to seek or accept any award, settlement or other monetary or equitable relief from any source or
proceeding brought by any person or governmental entity or agency on his behalf or on behalf of any
class of which he is a member with respect to any of the claims he has waived.

Employee acknowledges and agrees that Employee has read this General Release of Claims
carefully, and acknowledges that he has been given at least twenty one (21) days from the date of
receipt of this General Release of Claims to consider all of its terms and has been advised to
consult with any attorney and any other advisors of the Employee’s choice prior to executing this
General Release of Claims. Employee fully understands that, by signing below, Employee is
voluntarily giving up any right which Employee may have to sue or bring any other claims against
the Released Parties, including any rights and claims under the Age Discrimination in Employment
Act. The terms of this General Release of Claims shall not become effective or enforceable until
eight (8) days following the date of its execution by Employee, during which time Employee may
revoke the Letter Agreement. Employee may revoke the Letter Agreement by notifying the Company in
writing (to the attention of the President and Chief Executive Officer with a copy to Vice
President of Legal Affairs). For Employee’s revocation to be effective, written notice must be
received by no later than the close of business on the eighth (8th) day after Employee
signs this General Release of Claims. The terms of this offer to provide the payments and other
benefits described in paragraph 3(e) of the Letter Agreement, will expire if not accepted during
the 21 day review period.

Employee agrees to keep confidential all information contained in this General Release of
Claims and relating to this General Release of Claims, except (1) to the extent the Company
consents in writing to such disclosure; (2) if Employee is required by process of law to make such
disclosure and Employee promptly notifies the Company of his receipt of such process; or (3)
because Employee must disclose certain terms on a confidential basis to his financial consultant,
attorney or spouse.

This General Release of Claims shall be construed and enforced in accordance with, and
governed by, the laws of the State of New Jersey, without regard to principles of conflict of laws.
If any clause of this General Release of Claims should ever be determined to be unenforceable, it
is agreed that this will not affect the enforceability of any other clause or the remainder of this
General Release of Claims.

This General Release of Claims is final and binding and may not be changed or modified except
as set forth herein or in a writing signed by both parties. The parties have executed this General
Release of Claims with full knowledge of any and all rights they may have, and they hereby assume
the risk of any mistake in fact in connection with the true facts involved, or with regard to any
facts which are now unknown to them.

By signing this General Release of Claims, Employee acknowledges that: (1) he has read this
General Release of Claims completely; (2) he has had an opportunity to consider the terms of this
General Release of Claims; (3) he has had the opportunity to consult with an attorney of his
choosing prior to executing this General Release of Claims to explain this General Release of
Claims and its consequences; (4) he knows that he is giving up important legal rights by signing
this General Release of Claims; (5) he has not relied on any representation or statement not set
forth in this General Release of Claims; (6) he understands and means everything that he has said
in this General Release of Claims, and he agrees to all its terms; and (7) he has signed this
General Release of Claims voluntarily and entirely of his own free will.

	 	 	 
	     

Date

	 	     

Stephen Murray, M.D., Ph.D.
	 
	 	 
	     

Date

	 	     

Memory Pharmaceuticals Corp.

2

EXHIBIT B

FORM OF CONFIDENTIALITY AGREEMENT

	 	 	 	 	 
	Memory Pharmaceuticals Corp.
 100 Philips Parkway
Montvale, New Jersey 07645
Phone: (201) 802-7100
Fax: (201) 802-7190
www.memorypharma.com

CONFIDENTIALITY AND NONCOMPETITION AGREEMENT

February 8, 2006

Dear Dr. Murray:

This letter is to confirm our understanding with respect to (i) your agreement to protect and
preserve information and property which is confidential and proprietary to Memory Pharmaceuticals
Corp. or its parent, subsidiaries or affiliates, if any, (the “Company”), and (ii) your agreement
not to compete with the Company (the terms and conditions agreed to in this letter shall
hereinafter be referred to as this “Agreement”). In consideration of the mutual promises and
covenants contained in this Agreement, and for other good and valuable consideration, the receipt
and sufficiency of which are hereby mutually acknowledged, we have agreed as follows:

1. Protected Information. You shall at all times, both during and after the
termination of your employment with the Company, by either you or the Company, with or without
cause, maintain in confidence and shall not, without the prior written consent of the Company,
directly or indirectly use, except in the course of performance of your duties for the Company,
directly or indirectly disclose or give to others any fact, information or document (whether
printed, typed, handwritten, electronic or stored on computer disks, tapes, hard drives or any
other tangible medium) which was disclosed to or developed by you during the course of performing
services for, and/or receiving training from, the Company, and is not generally available to the
public, including but not limited to, information, facts and documents concerning business plans,
research and development, customers, suppliers, licensors, licensees, partners, investors,
affiliates or others, training methods and materials, financial information, sales prospects,
client lists, methodologies, formulae, designs, schematics, charts, Inventions (as defined in
Section 2), or any other scientific, technical, trade or business secret or confidential or
proprietary information (“Confidential Information”) of the Company or of any third party provided
to you during the course of your training and/or employment.

In the event you are questioned by anyone not employed by the Company or by an employee of or
a consultant to the Company not authorized to receive such information, in regard to any
Confidential Information or any other secret or confidential work of the Company, or concerning any
fact or circumstance relating thereto, or in the event that you become aware of the unauthorized
use of Confidential Information by any party, whether competitive with the Company or not, you will
promptly notify the President and Chief Executive Officer and Vice President – Legal Affairs of the
Company.

2. Ownership of Ideas, Copyrights and Patents.

(a) Property of the Company. You agree that all ideas, discoveries, creations,
manuscripts and properties, innovations, improvements, know-how, Inventions, designs, developments,
apparatus, techniques, algorithms, software, mask works, methods, and formulae (all of the
foregoing being hereinafter referred to as the “Inventions”) which may be used in the business of
the Company, whether patentable, copyrightable, protectable as mask works or not, which you may
conceive, reduce to practice or develop alone or in conjunction with another, or others, and
whether at the request or upon the suggestion of the Company, or otherwise, during the period in
which you perform services for or at the request of the Company (the “Term”) and, with respect to
Inventions in Field of Interest (as defined below), for a period of one (1) year thereafter, shall
be the sole and exclusive property of the Company, that you shall promptly disclose any such
Inventions to the Company both during and after the Term, and that you shall not publish any such
Inventions without the prior written consent of the Company. You hereby assign to the Company all
of your rights, title and interests in and to all of the foregoing. You further represent and
agree that to the best of your knowledge and belief, none of the Inventions will violate or
infringe upon any right, patent, copyright, trademark or right of privacy, or constitute libel or
slander against or violate any other rights of any person, firm or corporation, and that you will
use your best efforts to prevent any such violation. You also agree that you will neither disclose
to the Company or any of its employees nor use for their benefit any other person’s or company’s
trade secret or proprietary information, or information which you have agreed not to disclose or
use.

(b) Cooperation. At any time during or after the Term, you agree that you will fully
cooperate with the Company, its attorneys and agents in the preparation and filing of all papers
and other documents as may be required to perfect and protect the Company’s rights in and to any of
such Inventions, including, but not limited to, joining in any proceeding to obtain and enforce
letters patent, copyrights, mask work registrations, trademarks or other legal rights of the United
States and of any and all other countries on such Inventions, provided that the Company will bear
the expense of such proceedings, and that any patent, copyright, mask work registration, trademark
or other legal right so issued to you, personally, shall be assigned by you to the Company without
charge by you.

3. Prohibited Competition.

(a) Certain Acknowledgments and Agreements.

(i) We have discussed, and you recognize and acknowledge the competitive and proprietary
aspects of the business of the Company.

(ii) You further acknowledge and agree that, during the course of your performing services for
the Company, the Company will furnish, disclose or make available to you Confidential Information
related to the Company’s business and that the Company may provide you with unique and specialized
training. You also acknowledge that such Confidential Information and such training have been
developed and will be developed by the Company through the expenditure by the Company of
substantial time, effort and money. You acknowledge that such Confidential Information and
training, if used by you to compete with the Company, will cause irreparable harm to the Company.
You also acknowledge that the Company has a legitimate business interest in protecting its
Confidential Information.

(iii) You acknowledge that the Company is engaged in the research, development or
commercialization of agents to affect memory, cognitive abilities or any related neurological or
psychiatric function (the “Field of Interest”) and that any engagement by you, directly or
indirectly, in the Field of Interest will be deemed competitive. You further acknowledge that the
foregoing description is not exclusive and that the Company’s products and services and planned
products and services will change from time to time without notice to you and without formal
amendment of this Agreement.

(b) Covenants Not to Compete. During the Term and for a period of one (1) year
following the expiration or termination of the Term, whether such termination is voluntary or
involuntary, with or without cause, you shall not, without the prior written consent of the
Company:

(i) for yourself or on behalf of any other person or entity, directly or indirectly, either as
principal, agent, employee, consultant, representative or in any other capacity, own, manage,
operate or control, or be connected or employed by, or otherwise associate in any manner with, or
engage in any business which is in the Field of Interest within the United States, Europe or Japan
(the “Restricted Territory”); or

(ii) either individually or on behalf of or through any third party, solicit, divert or
appropriate or attempt to solicit, divert or appropriate, for the purpose or with the effect of
competing with the Company in the Field of Interest or any present or future parent, subsidiary or
other affiliate of the Company which is engaged in a similar business as the Company, any customers
or patrons of the Company, or any prospective customers or patrons with respect to which the
Company has developed or made a sales presentation (or similar offering of services), located
within the Restricted Territory; or

(iii) either individually or on behalf of or through any third party, directly or indirectly,
solicit, entice or persuade or attempt to solicit, entice or persuade any other employees of or
consultants to the Company or any present or future parent, subsidiary or affiliate of the Company,
to leave the services of the Company or any such parent, subsidiary or affiliate for any reason.
You acknowledge that the Company has invested a substantial amount of time and money in attracting
and retaining its employees and in training its employees in the Company’s particular business.
You acknowledge that the Company has a legitimate interest in protecting this investment.

(c) Reasonableness of Restrictions. You further recognize and acknowledge that (i)
the types of activities and employment which are prohibited by Section 3 are narrow and reasonable
in relation to the skills which represent your principal salable asset both to the Company and to
your other prospective employers, and (ii) the geographical scope of the provisions of Section 3 is
reasonable, legitimate and fair to you in light of the geographic scope of the Company’s business,
and in light of the limited restrictions on the type of employment prohibited herein compared to
the types of employment for which you are qualified to earn your livelihood.

4. Survival of Acknowledgments and Agreements. Your acknowledgments and agreements
set forth in Sections 1, 2 and 3 shall survive the expiration or termination of this Agreement and
the termination of your employment with the Company for any reason.

5. Disclosure to Future Employers. You agree that you will provide, and that the
Company may similarly provide in its discretion, a copy of the covenants contained in Sections 1, 2
and 3 of this Agreement to any business or enterprise which you may directly, or indirectly, own,
manage, operate, finance, join, control or in which you participate in the ownership, management,
operation, financing, or control, or with which you may be connected as an officer, director,
employee, partner, principal, agent, representative, consultant or otherwise.

6. Records. Upon termination of your relationship with the Company, you shall deliver
immediately to the Company any property of the Company which may be in your possession including
products, materials, memoranda, notes, records, reports, or other documents or photocopies of the
same, including, without limitation, any of the foregoing recorded on any computer or any machine
readable medium.

7. No Conflicting Agreements. You have set forth on Exhibit 1 hereto all computer
software and/or Inventions made or conceived by you prior to the date of this Agreement which you
own an interest in and wish to exclude from this Agreement and have listed on Exhibit 1 and
attached copies hereto of any agreements with other parties which may prevent your full compliance
with the terms stated herein. You hereby represent and warrant that, except as set forth on
Exhibit 1, you have no commitments or obligations inconsistent with this Agreement and you hereby
agree to indemnify and hold the Company harmless against loss, damage, liability or expense arising
from any claim based upon circumstances alleged to be inconsistent with such representation and
warranty.

8. General.

(a) Notices. All notices, requests, consents and other communications hereunder shall
be in writing, shall be addressed to the receiving party’s address set forth below or to such other
address as a party may designate by notice hereunder, and shall be either (i) delivered by hand,
(ii) made by telecopy or facsimile transmission, (iii) sent by overnight courier, or (iv) sent by
registered or certified mail, return receipt requested, postage prepaid.

	 	 	 	 	 
	If to the Company:
	 	Memory Pharmaceuticals Corp.

	100 Philips Parkway
Montvale, New Jersey 07645
	 	 	 	 
	Attention: President and Chief Executive Officer

	With a copy to:
	 	Sills Cummis Epstein & Gross, P.C.

	One Riverfront Plaza
Newark, New Jersey 07102
Attention: Ira A. Rosenberg, Esq.
	 	 	 	 
	If to Employee:
	 	Stephen Murray, M.D., Ph.D.

251 W19th Street 7B

New York, NY 10011

All notices, requests, consents and other communications hereunder shall be deemed to have been
given either (i) if by hand, at the time of the delivery thereof to the receiving party at the
address of such party set forth above, (ii) if made by telecopy or facsimile transmission, at the
time that receipt thereof has been acknowledged by electronic confirmation or otherwise, (iii) if
sent by overnight courier, on the next business day following the day such notice is delivered to
the courier service, or (iv) if sent by registered or certified mail, on the fifth business day
following the day such mailing is made.

(b) Entire Agreement. This Agreement embodies the entire agreement and understanding
between the parties hereto with respect to the subject matter hereof and supersedes all prior oral
or written agreements and understandings relating to the subject matter hereof. No statement,
representation, warranty, covenant or agreement of any kind not expressly set forth in this
Agreement shall affect, or be used to interpret, change or restrict, the express terms and
provisions of this Agreement.

(c) Modifications and Amendments. The terms and provisions of this Agreement may be
modified or amended only by written agreement executed by the parties hereto.

(d) Waivers and Consents. The terms and provisions of this Agreement may be waived,
or consent for the departure therefrom granted, only by written document executed by the party
entitled to the benefits of such terms or provisions. No such waiver or consent shall be deemed to
be or shall constitute a waiver or consent with respect to any other terms or provisions of this
Agreement, whether or not similar. Each such waiver or consent shall be effective only in the
specific instance and for the purpose for which it was given, and shall not constitute a continuing
waiver or consent.

(e) Assignment. The Company may assign its rights and obligations hereunder to any
person or entity who succeeds to all or substantially all of the Company’s business or that aspect
of the Company’s business in which you are principally involved. Your rights and obligations under
this Agreement may not be assigned by you without the prior written consent of the Company.

(f) Benefit. All statements, representations, warranties, covenants and agreements in
this Agreement shall be binding on the parties hereto and shall inure to the benefit of the
respective successors and permitted assigns of each party hereto. Nothing in this Agreement shall
be construed to create any rights or obligations except among the parties hereto, and no person or
entity shall be regarded as a third-party beneficiary of this Agreement.

(g) Governing Law. This Agreement and the rights and obligations of the parties
hereunder shall be construed in accordance with and governed by the law of the State of New Jersey,
without giving effect to the conflict of law principles thereof.

(h) Jurisdiction and Service of Process. Any legal action or proceeding with respect
to this Agreement shall be brought in the courts of the State of New Jersey or of the United States
District Court for the District of New Jersey. By execution and delivery of this Agreement, each
of the parties hereto accepts for itself and in respect of its property, generally and
unconditionally, the jurisdiction of the aforesaid courts. Each of the parties hereto irrevocably
consents to the service of process of any of the aforementioned courts in any such action or
proceeding by the mailing of copies thereof by certified mail, postage prepaid, to the party at its
address set forth in Section 8(a) hereof.

(i) Severability. The parties intend this Agreement to be enforced as written.
However, (i) if any portion or provision of this Agreement shall to any extent be declared illegal
or unenforceable by a duly authorized court having jurisdiction, then the remainder of this
Agreement, or the application of such portion or provision in circumstances other than those as to
which it is so declared illegal or unenforceable, shall not be affected thereby, and each portion
and provision of this Agreement shall be valid and enforceable to the fullest extent permitted by
law; and (ii) if any provision, or part thereof, is held to be unenforceable because of the
duration of such provision or the geographic area covered thereby, the Company and you agree that
the court making such determination shall have the power to reduce the duration and/or geographic
area of such provision, and/or to delete specific words and phrases (“blue-pencilling”), and in its
reduced or blue-pencilled form such provision shall then be enforceable and shall be enforced.

(j) Interpretation. The parties hereto acknowledge and agree that the terms and
provisions of this Agreement, shall be construed fairly as to all parties hereto and not in favor
of or against a party, regardless of which party was generally responsible for the preparation of
this Agreement.

(k) Headings and Captions. The headings and captions of the various subdivisions of
this Agreement are for convenience of reference only and shall in no way modify, or affect the
meaning or construction of any of the terms or provisions hereof.

(l) Injunctive Relief. You hereby expressly acknowledge that any breach or threatened
breach of any of the terms and/or conditions set forth in Sections 1, 2 or 3 of this Agreement will
result in substantial, continuing and irreparable injury to the Company. Therefore, you hereby
agree that, in addition to any other remedy that may be available to the Company, the Company shall
be entitled to injunctive or other equitable relief by a court of appropriate jurisdiction, without
posting a bond, in the event of any breach or threatened breach of the terms of Sections 1, 2 or 3
of this Agreement.

(m) No Waiver of Rights, Powers and Remedies. No failure or delay by a party hereto
in exercising any right, power or remedy under this Agreement, and no course of dealing between the
parties hereto, shall operate as a waiver of any such right, power or remedy of the party. No
single or partial exercise of any right, power or remedy under this Agreement by a party hereto,
nor any abandonment or discontinuance of steps to enforce any such right, power or remedy, shall
preclude such party from any other or further exercise thereof or the exercise of any other right,
power or remedy hereunder. The election of any remedy by a party hereto shall not constitute a
waiver of the right of such party to pursue other available remedies. No notice to or demand on a
party not expressly required under this Agreement shall entitle the party receiving such notice or
demand to any other or further notice or demand in similar or other circumstances or constitute a
waiver of the rights of the party giving such notice or demand to any other or further action in
any circumstances without such notice or demand.

(n) Expenses. Should any party breach this Agreement, in addition to all other
remedies available at law or in equity, such breaching party shall pay all of any other party’s
costs and expenses resulting therefrom and/or incurred in enforcing this Agreement, including legal
fees and expenses.

9. Counterparts. This Agreement may be executed in one or more counterparts, and by
different parties hereto on separate counterparts, each of which shall be deemed an original, but
all of which together shall constitute one and the same instrument.

If the foregoing accurately sets forth our agreement, please so indicate by signing and
returning to us the enclosed copy of this letter.

Very truly yours,

MEMORY PHARMACEUTICALS CORP.

	 	 	 	 	 
	By: ___________________________

	Name:
	 	David A. Lowe

	Title:
	 	Chief Scientific Officer

Accepted and Approved:

     

Stephen Murray, M.D., Ph.D.

3

EXHIBIT 1

PRIOR INVENTIONS AND/OR CONFLICTING AGREEMENTS

4

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00102-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00102-of-00352.parquet"}]]