Document:

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                                                                   EXHIBIT 10.27

Visteon Holdings GmbH                                                     Page 1
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TRANSLATION OF THE GERMAN DOCUMENT, WHICH IS THE LEGALLY BINDING VERSION

Between Visteon Holdings GmbH, Koln
(hereinafter referred to as "Company")

and Mr Dr Heinz Pfannschmidt
(hereinafter referred to as "Employee")

the following is agreed:

                                  PENSION PLAN

                         1. PURPOSE OF THE PENSION PLAN

1.1    With this Pension Plan the Company has the objective in mind of providing
       to the Employee and his dependents additional financial security after
       retirement and in the event of death.

1.2    The benefits provided by this Pension Plan are paid in addition to the
       benefits provided by Social Security.

1.3    The costs of this Pension Plan are borne by the Company. The Employee
       does not have to make own contributions.

                              2. TYPES OF BENEFITS

2.1    The Company grants the following benefits:

           (a)   normal retirement pension

           (b)   early retirement pension

           (c)   disability pension

           (d)   widow's pension

           (e)   orphans' pension

2.2    The Employee and his eligible dependents have a legal right to these
       pension benefits, in accordance with the provisions of this Pension
       Plan.

                          3. NORMAL RETIREMENT PENSION

3.1    Normal retirement pension shall be paid for lifetime to the Employee if
       his service with the Company terminates upon or after attaining the
       Normal Retirement Date.

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Visteon Holdings GmbH                                                     Page 2
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3.2    The amount of normal retirement pension depends on the Pensionable
       Service Time and the Final Pensionable Earnings.

3.3    The monthly normal retirement pension equals

       0,5% of Final Pensionable Earnings up to the Applicable Social Security
       Contribution Ceiling, multiplied by the Pensionable Service Time

       plus

       1,5% of Final Pensionable Earnings in excess of the Applicable Social
       Security Contribution Ceiling, multiplied by the Pensionable Service
       Time.

                           4. EARLY RETIREMENT PENSION

4.1    Early retirement pension shall be paid upon request to the Employee if
       his service with the Company terminates after age 55.

       Early retirement pension is also paid upon request to the Employee if the
       employment is terminated due to drawing early retirement pension under
       Social Security prior to completing age 65.

4.2    If the employee meets the requirements of Section 4.1 he may select any
       month prior to attaining the Normal Retirement Date for the commencement
       of pension payments. The early retirement pension will be calculated
       according to the provisions of Section 3.3 on the basis of accrued
       Pensionable Service Time and Final Pensionable Earnings determined as of
       the date of termination of employment. The early retirement pension will
       be reduced by 0,4 % for each full month by which the chosen pension
       commencement date precedes the attainment of age 62.

                             5. DISABILITY PENSION

5.1    Disability pension shall be paid to the Employee if his service with the
       Company terminates for reasons of total disability as defined by Social
       Security.

5.2    Disability has to be proved by the relevant statement of the Social
       Security Office. Disability can also be proved by the medical report of a
       physician chosen by the Company at its expense.

5.3    The disability pension will be paid for the duration of disability. If
       disability continues until Normal Retirement Date the disability pension
       shall be paid for life.

5.4    The Employee has to inform the Company about any changes in disability.
       The Company may at any time demand a physical examination by a physician
       chosen by the Company at its expense.

5.5    The disability pension will be calculated according to the provisions of
       Section 3.3 on the basis of Pensionable Service Time which the Employee
       would have reached if his service

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Visteon Holdings GmbH                                                     Page 3
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       with the Company had continued until Normal Retirement Date and on the
       basis of Final Pensionable Earnings determined as of date of termination
       of employment.

                               6. WIDOW'S PENSION

6.1    A widow's pension shall become payable to the widow of the deceased
       Employee or Pensioner.

6.2    No widow's pension will be paid if the marriage had taken place after
       termination of employment or after the Employee had attained age 60.

6.3    The amount of the widow's pension is determined as follows:

           (a)   if the deceased former Employee received a normal retirement
                 pension from the Company in accordance with Section 3.1, or an
                 early retirement pension in accordance with Section 4.1 or a
                 disability pension in accordance with Section 5:

                 60% of the pension finally paid to the deceased.

           (b)   if the deceased Employee was entitled to an early retirement
                 pension and died before the beginning of the pension payments:

                 60% of the early retirement pension, which would have to be
                 paid if the pension would have started at the date of death.

           (c)   if the deceased Employee died while still in service with the
                 Company:

                 60% of the entitlement to a normal retirement pension in
                 accordance with Section 3.3 on the basis of Pensionable Service
                 Time which the Employee would have reached if his service with
                 the Company had continued until the Normal Retirement Date and
                 on the basis of Final Pensionable Earnings determined as of
                 date of death.

6.4    The widow's pension will be discontinued upon remarriage.

                               7. ORPHANS' PENSION

7.1    Semi-orphans' pensions shall be paid to the Children of the deceased
       Employee or Pensioner.

7.2    Full orphans' pensions shall be paid to the Children of the deceased
       Employee or Pensioner if both parents died.

7.3    The semi-orphans' pension for each Child amounts to 10%, the full
       orphans' pension for each Child amounts to 20% of the basis on which the
       widow's pension in accordance with Section 6.3 is determined.

7.4    The orphans' pension will be paid until the child attains age 18. The
       payment will be continued beyond age 18 as long as the Child is unable to
       take care of himself/herself because

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Visteon Holdings GmbH                                                     Page 4
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       of physical, mental or psychic handicap; the same applies, as long as the
       child is in full-time education and has not attained age 23

7.5    The orphans' pension will also be discontinued upon the Child's marriage
       unless the Child has no claim for maintenance against the spouse or the
       spouse cannot afford the maintenance.

7.6    Widow's and orphans' pensions or several orphans' pensions together may
       not exceed 100% of the pension basis on which they are calculated;
       otherwise the pensions are reduced proportionally by the exceeding
       amount.

                                   8. VESTING

8.1    If the Employee's service with the Company terminates for reasons other
       than normal retirement, early retirement, death, or disability he shall
       have a vested right to the benefits which are provided by this Pension
       Plan, in accordance with the provisions of this Section 8.

8.2    The benefits which are vested in accordance with Section 8.1 will be
       payable if the former Employee attains the Normal Retirement Date, if he
       draws early retirement, if he becomes disabled, or dies.

8.3    The vested benefit payable in one of the aforementioned events equals a
       fraction of the benefit which would have been payable from this Pension
       Plan if the Employee had not left the service of the Company. The
       numerator of that fraction is the former Employee's actual Credited
       Service Time and the denominator is the Credited Service Time which he
       would have attained if his employment with the Company had continued
       until Normal Retirement Date.

       The vested benefit is determined on the basis of Final Pensionable
       Earnings at the date of termination of Employment.

8.4    Upon termination of Employment the leaving Employee will be given a
       written statement by the Company informing him whether he meets the
       vesting requirements and what his vested normal retirement pension
       amounts to.

                             9. PAYMENT OF PENSIONS

9.1    The Company will pay the pensions monthly at the usual date of salary
       payments.

9.2    The first payment will be made in the month, which follows the month in
       which the prerequisites for pension payments are met. Pension payments,
       however, will be suspended as long as salary payments are continued. The
       last payment will be made in the month during which the pension
       obligation ceases to exist.

9.3    Upon the Company's or the Employee's request a part or the full pension
       benefits may be converted into a single lump sum, if legally allowed and
       provided both parties agree.

9.4    The lump sum benefit equals the actuarial present value of the pension as
       of conversion

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Visteon Holdings GmbH                                                     Page 5
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       date, based on the actuarial principles used to calculate the pension
       book reserves for the Company's tax balance sheet at conversion date. The
       applicable interest rate, however, is the interest rate used for the
       calculation of the German Book Reserve as of termination date.

                             10. TRANSFER ASSIGNMENT

The claim to benefits from this Pension Plan can neither be transferred nor
assigned by the beneficiary. Any attempt to transfer or assign any rights shall
not be recognized by the Company.

                                 11. REINSURANCE

11.1   The Company has the right to reinsure the benefits connected with the
       Pension Plan through an appropriate insurance contract. The Company will
       be entitled to all benefits of such a contract.

11.2   The employee is obliged to provide the insurance company with all
       information necessary and to undergo a medical examination, if required.

                             12. PENSION ADJUSTMENTS

After the pension payments have started, the Company will adjust the paid
pensions annually by 1%.

                                 13. DEFINITIONS

For the purpose of this Pension Plan the following definitions shall apply:

13.1   Normal Retirement Date:          The end of the month in which the
                                        employee attains age 65.

13.2   Credited Service Time:           All uninterrupted years of service (and
                                        fractions thereof) which the Employee
                                        has spent with the Company commencing
                                        with the last date of hire and ending
                                        with the earlier of:

                                        (a)  termination of employment with the
                                             Company, or

                                        (b)  commencement of pension payments
                                             from this Pension Plan, or

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Visteon Holdings GmbH                                                     Page 6
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                                        (c)  attaining the Normal Retirement
                                             Date.

13.3   Pensionable Service Time:        Credited Service Time starting at 1
                                        November 2001.

13.4   Child:                           The legitimate, illegitimate and adopted
                                        child of the Employee or the Pensioner,
                                        provided that, if the child is adopted,
                                        the adoption has taken place before
                                        termination of employment.

13.5   Applicable Social Security
       Contribution Ceiling:            The monthly average of the Social
                                        Security Contribution Ceilings of the
                                        Pension Insurance Scheme during the
                                        period specified in Section 13.8,
                                        Paragraph 1.

13.6   Pensioner:                       The former Employee who is entitled to
                                        receive a pension in accordance with the
                                        provisions of this Pension Plan.

13.7   Pensionable Earnings:            The annual base salary excluding any
                                        special payments.

                                        Special payments includes, in
                                        particular, bonus payments, vacation
                                        pay, Christmas pay or any other
                                        remuneration paid on a regular or
                                        irregular basis and which is not part of
                                        the base pay.

13.8   Final Pensionable Earnings:      The monthly average of the Pensionable
                                        Earnings (Section 13.7) in the last 60
                                        months of Credited Service Time.

                                        If the Pensionable Earnings of the
                                        period as specified in Paragraph 1 were
                                        reduced or not paid because of illness
                                        or other reasons of reduced working
                                        ability, the Pensionable Earnings that
                                        would have been payable for full working
                                        ability are taken into account.

13.9   Widow:                           The surviving wife of the Employee or
                                        Pensioner to whom he was married at the
                                        time of death.

                        14. EFFECTIVE DATE, MISCELLANEOUS

This Pension Plan becomes effective on 1 November 2001.

Mr Wilsing                                   24 October 2001
----------------------------------------     ---------------

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Visteon Holdings GmbH                                                     Page 7
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Company                                           Date

Dr. Pfannschmidt                             23 October 2001
---------------------------------------      ---------------

Employee                                          Dateexv10w2

 

EXHIBIT 10.2

EMPLOYMENT AGREEMENT

     This EMPLOYMENT AGREEMENT, dated as of ______ __, 2003, is by and
between ______(the “Executive”) and Digene Corporation, a Delaware
corporation (the “Company”). The Executive and the Company agree as follows:

          1.   Employment. The Company hereby employs the Executive and the
Executive hereby accepts employment with the Company, upon the terms and
conditions hereinafter set forth.

          2.   Term. Subject to the provisions for earlier termination as
provided herein, the term of this Agreement will be for a period beginning on
______ __, 2003 and ending as set forth in the following sentence. The
Compensation Committee (the “Compensation Committee”) of the Company’s Board of
Directors (the “Board”) shall be entitled to terminate this Agreement at any
time by causing the Company to provide written notice to the Executive at least
twenty-four (24) months in advance of the termination date. The period of the
Executive’s employment under this Agreement, as it may be terminated as
provided herein, is hereinafter referred to as the “Term.” The termination of
this Agreement in accordance with this Section 2 shall not be a termination as
set forth in Section 5 hereof and shall not entitle the Executive to receive
any severance or other payments as provided for in Section 6 hereof.

          3.   Duties and Responsibilities. The Executive shall perform such
duties and functions as the Board may from time to time determine which are
consistent with the positions as set forth on Annex A, a copy of which
is attached hereto and the terms of which are incorporated by reference herein,
shall comply with the policies and reasonable directions of the Board and shall
discharge his responsibilities in a competent and faithful manner, consistent
with sound business practices. The Executive and the Company may amend
Annex A from time to time to document changes to the positions described
therein.

          During the Term of this Agreement, the Executive shall devote all of his
business time, attention and energies to the performance of his duties for the
business of the Company, except to the extent that the Board may specifically
approve any outside interests; provided that the first part of this
sentence shall not preclude the Executive from (a) participating in civic
duties, (b) serving as a member of the board of directors of any other company
if the Company consents in writing to such service (such consent not to be
unreasonably withheld), (c) delivering lectures, fulfilling speaking
engagements or teaching at educational institutions, or (d) managing the
Executive’s personal investments, in each such case to the extent that such
activities do not materially impair the Executive’s ability to perform the
Executive’s duties hereunder. All current activities of the Executive as of
the date of this Agreement described in the proviso of the prior sentence are
approved. The Executive shall not, directly or indirectly, without the
approval of the Board, engage or become financially interested in any other
business activity which, in the reasonable judgment of the Board, conflicts
with the duties of the Executive hereunder, whether or not such activity is
pursued for gain, profit or pecuniary advantage.

          The Company shall use its best efforts to cause the Executive to be a
member of its Board during the term of the Executive’s employment hereunder and
to cause him to be

 

 

 nominated by the Board for election as a director at every stockholders’
meeting held during the Executive’s employment hereunder at which his term as a
director would otherwise expire. The Executive shall not be entitled to
compensation for services as a director.

          4.   Compensation.

		
	 	        (a) Base Salary. During the Term, the Executive shall receive from
the Company (or, at the Company’s option, any subsidiary or affiliate
thereof) an annual base salary for services rendered hereunder in the
amount specified on Annex A, payable not less frequently than
semi-monthly consistent with the regular practices of the Company. The
Executive’s base salary shall be reviewed annually by the Compensation
Committee and shall be subject to change at the option and sole
discretion of the Compensation Committee. The Company may amend Annex
A from time to time to document any such change.
	 
	 	        (b) Bonus. The Executive shall be entitled to receive, as
additional compensation, an annual cash bonus determined in accordance
with the Company’s executive bonus plan and approved by the Compensation
Committee in its sole discretion.
	 
	 	        (c) Other Benefits. The Executive shall, in addition to the other
compensation described in this Section 4, be entitled to participate in
such employee benefit plans or programs of the Company and shall be
entitled to such other fringe benefits as are from time to time made
available by the Company generally to employees of the Executive’s
position, tenure, salary, age, health and other qualifications
(including, but not limited to, any profit-sharing, stock option,
incentive, pension, health insurance, major medical insurance and group
life insurance plans in accordance with the terms of such plans), all as
determined from time to time by the Compensation Committee. To the
extent available at reasonable cost, the Company will use its best
efforts to promptly obtain and maintain appropriate directors and
officers liability insurance (“D&O”); if the Company determines that it
cannot obtain appropriate D&O, it will promptly so notify the Executive
in writing, but in no event later than sixty (60) days after such
determination. The Executive acknowledges and agrees that the Company
does not guarantee the adoption or continuance of any particular employee
benefit plan or program or other fringe benefit during the Term, and
participation by the Executive in any such plan or program shall be
subject to the rules and regulations applicable thereto.
	 
	 	        (d) Reimbursement for Expenses. The Company shall reimburse the
Executive, in a manner consistent with the regular practices of the
Company, for any and all reasonable and necessary business expenses
incurred by the Executive in connection with the performance of his
duties, upon presentation of proper vouchers by the Executive to support
said expenses.

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          5.   Termination. The Executive’s employment by the Company
hereunder shall terminate on the occurrence of:

		
	 	        (a) Disability or Death. In the event of the Executive’s death
during the Term, the Executive’s employment shall be deemed to terminate
on the date of the Executive’s death. In the event of the Executive’s
Disability during the Term, the Company, at its option, may terminate the
employment of the Executive under this Agreement immediately by giving
the Executive written notice to that effect. For the purpose hereof, the
term “Disability” shall mean disability as defined in the Company’s
Long-Term Disability Plan or, if the Company does not have such a plan,
the Executive’s physical or mental inability to perform his essential
duties and responsibilities hereunder, with reasonable accommodation, for
a period of at least ninety (90) consecutive days. Disability shall be
determined by the Compensation Committee or its designee. In the case of
Disability, until the Company terminates the Executive’s employment
hereunder in accordance with the foregoing, the Executive shall be
entitled to receive compensation provided for herein notwithstanding any
such physical or mental inability to perform his duties hereunder.
	 
	 	        (b) Termination for Cause. The Company may, with the approval of a
majority of the Board, terminate the employment of the Executive
hereunder at any time during the Term and effective immediately for
“justifiable cause” (a “Termination for Cause”) by giving Executive
written notice of such Termination for Cause. For the purposes of the
Agreement, the term “justifiable cause” means: (i) the Executive’s
conviction of a felony (which, through lapse of time or otherwise, is not
subject to appeal); (ii) the Executive’s willful and substantial
misconduct; (iii) the Executive’s repeated, after written notice from the
Company and a reasonable opportunity to cure, neglect of duties or
failure to act which can reasonably be expected to affect materially and
adversely the business or affairs of the Company or any subsidiary or
affiliate; (iv) except in the normal course of business in the
performance of his duties, any material disclosure by the Executive to
any person, firm or corporation other than the Company, its subsidiaries
and its and their directors, officers, employees or professional
advisors, of any confidential information or trade secret of the Company
or any of its subsidiaries; (v) the Executive’s repeated pursuit, after
written notice from the Company and a reasonable opportunity to cure, of
activities or personal or professional conduct or action that in the sole
judgment of the Board is contrary to the best interests of the Company;
(vi) any material breach by the Executive of this Agreement or, to the
extent applicable, the Non Competition, Non Disclosure and Developments
Agreement between the Executive and the Company; (vii) any conduct or
action by the Executive prohibited under the policies of the Company,
including, but not limited to, policies regarding sexual harassment,
insider trading, corporate disclosure, substance abuse and conflicts of
interest; or (viii) the engaging by the Executive in any business other
than the business of the Company and its subsidiaries which, in the sole
judgment of the Board, interferes with the performance of his duties
hereunder.
	 
	 	        (c) Termination Without Cause. The Company may terminate the
employment of the Executive hereunder at any time without “justifiable
cause” (a

3

 

		
	 	“Termination Without Cause”) by giving the Executive written notice
of such termination at least thirty (30) days prior to the effective date
of such termination.
	 
	 	        (d) Voluntary Termination. Any termination of employment of the
Executive hereunder, otherwise than as a result of death, Disability, a
Termination for Cause or a Termination Without Cause will be deemed to be
a “Voluntary Termination.” A Voluntary Termination will be deemed to be
effective immediately upon such termination.

          6.   Effect of Termination of Employment.

		
	 	        (a) Voluntary Termination; Termination for Cause. Upon termination
of the Executive’s employment hereunder pursuant to a Voluntary
Termination or a Termination for Cause, neither the Executive nor his
beneficiaries or estate will have any further rights or claims against
the Company under this Agreement except the right to receive: (i) the
unpaid portion of his then-current base salary provided for in Section
4(a) hereof, computed on a pro rata basis to the date of termination;
(ii) payment of his accrued but unpaid rights (including accrued vacation
time) in accordance with the terms of any incentive compensation, stock
option, retirement, employee welfare or other employee benefit plans or
programs of the Company in which the Executive is then participating in
accordance with Section 4(b) or Section 4(c) hereof; and (iii)
reimbursement for any unreimbursed expenses as provided in Section 4(d)
hereof. Nothing in this Agreement shall restrict or limit the right of
the Compensation Committee or the Board to determine whether the
forfeiture provisions of any of the Company’s stock option or incentive
compensation plans apply to vested stock options or stock awards held by
the Executive at the time of such termination for cause.
	 
	 	        (b) Termination Without Cause. Upon termination of the Executive’s
employment hereunder pursuant to a Termination Without Cause, neither the
Executive nor his beneficiaries or estate will have any further rights or
claims against the Company under this Agreement except the right to
receive: (i) the payment and other rights provided for in Section 6(a)
hereof; (ii) severance payments in the form of semi-monthly payment of
the Executive’s then-current base salary for a period of twenty-four (24)
months following the effective date of such termination; (iii) monthly
payments of the Pro-Rata Bonus Amount (as defined below) for a period of
twenty-four (24) months following the effective date of such termination;
and (iv) continuation of the health care benefits coverage to which the
Executive is entitled under Section 4(c) hereof over the twenty-four (24)
month period described in clause (iii) above, with such coverage to be
provided at the same level and subject to the same terms and conditions
(including, without limitation, any applicable co-pay obligations, but
excluding any applicable tax consequences for the Executive) as in effect
for officers of the Company generally during such period. For purposes
of this Agreement, “Pro-Rata Bonus Amount” shall mean one twenty-fourth
(1/24) of (x) the portion of the Executive’s annual bonus, as determined
by the Compensation Committee, applicable to that portion of the year
arising prior to termination of this Agreement in the year in which such
Termination Without Cause occurs, plus the greater of (y) the most recent
annual cash bonus paid to the Executive

4

 

		
	 	prior to the date of his termination or (z) the average of the three
most recent annual cash bonuses paid to the Executive prior to the date
of his termination.
	 
	 	        (c) Death or Disability. Upon termination of the Executive’s
employment hereunder as a result of death or Disability, neither the
Executive nor his beneficiaries or estate will have any further rights or
claims against the Company under this Agreement except the right to
receive: (i) the payment and other rights provided for in Section 6(a)
hereof; (ii) in the case of death only, a lump sum payment equal to the
Executive’s annual base salary as in effect on the date of death; and
(iii) in the case of Disability only, continuation of health care
benefits coverage to which the Executive is entitled under Section 4(c)
hereof for the twelve (12) month period following the effective date of
such termination, with such coverage to be provided at the same level and
subject to the same terms and conditions (including, without limitation,
any applicable co-pay obligations, but excluding any applicable tax
consequences for the Executive) as in effect for officers of the Company
generally during such period; provided, however that
nothing in this Section 6(c) shall provide any additional benefits or
coverage than that in effect for officers of the Company during such
period under the Company’s Long-Term Disability Plan.
	 
	 	        (d) Forfeiture of Rights. In the event that, subsequent to
termination of employment hereunder, the Executive (i) breaches any of
the provisions of Sections 7, 8 or 9 hereof or (ii) directly or
indirectly makes or facilitates the making of any adverse public
statements or disclosures with respect to the business or securities of
the Company, all payments and benefits to which the Executive may
otherwise be entitled pursuant to Section 6(a), 6(b) or 6(c) hereof shall
immediately terminate and be forfeited, and any portion of such amounts
as may have been paid to the Executive shall forthwith be returned to the
Company.

          7.   Confidentiality. Except in the normal course of business in the
performance of his duties, the Executive shall not, during the Term of this
Agreement, or at any time following the end of the Term of this Agreement,
directly or indirectly, disclose or permit to be known, to any person, firm or
corporation, any confidential information acquired by him during the course of,
or as an incident to, his employment hereunder, relating to the Company, the
directors of the Company, or any client of the Company, including, but not
limited to, the business affairs of each of the foregoing. Such confidential
information shall include, but shall not be limited to, proprietary technology,
trade secrets, patented processes, research and development data, know-how,
formulae, pricing policies, the substance of agreements with customers and
others, and arrangements, customer lists and any other documents embodying such
confidential information.

          All information and documents relating to the Company shall be the
exclusive property of the Company, and the Executive shall use his best efforts
to prevent any publication or disclosure thereof. Upon termination of
Executive’s employment with the Company, all documents records, reports,
writings and other similar documents containing confidential information then
in the Executive’s possession or control shall be returned to and left with the
Company.

5

 

          8.   Restrictive Covenant.

		
	 	        (a) The Executive hereby acknowledges and recognizes that, during
the Term, the Executive will be privy to trade secrets and confidential
proprietary information critical to the Company’s business and,
accordingly the Executive agrees that, in consideration of the benefits
to be received by him hereunder, the Executive will not, from and after
the date hereof until the second anniversary of the termination of the
Term, (i) directly or indirectly engage in the development, production,
marketing or sale of products that compete (or, upon commercialization,
would compete) with products of the Company being developed (so long as
such development has not been abandoned), produced, marketed or sold at
the time of the Executive’s termination (hereinafter a “Competing
Business”) whether such engagement shall be as an owner, partner,
investor, employee, officer, director, affiliate or other participant in
any Competing Business; (ii) assist others in engaging in any Competing
Business in the manner described in clause (i) above; or (iii) induce
other employees of the Company or any subsidiary thereof to terminate
their employment with the Company or any subsidiary thereof or engage in
any Competing Business. The ownership of not more than 5% of the stock
of any entity having a class of equity securities actively traded on a
national securities exchange or on the Nasdaq Stock Market or any
minority interest in any private entity shall not be deemed, in and of
itself, to violate the prohibitions of this Section 8(a).
	 
	 	        (b) During the Term of the Executive’s employment hereunder and for
five (5) years thereafter, the Executive shall not disparage, deprecate,
or make any comments or take any other actions, directly or indirectly,
that will reflect adversely on the Company or its officers, directors,
employees or agents or adversely affect their business reputation or
goodwill.
	 
	 	        (c) The Executive understands that the foregoing restrictions may
limit the ability of the Executive to earn a livelihood in a business
similar to the business of the Company, but nevertheless believes that
the Executive has received and will receive sufficient consideration and
other benefits, as an employee of the Company and as otherwise provided
herein, to justify such restrictions which, in any event (given the
education, skills and ability of the Executive), the Executive believes
would not prevent the Executive from earning a living.
	 
	 	        (d) If any portion of the restrictions set forth in this Section 8
should, for any reason whatsoever, be declared invalid by a court of
competent jurisdiction, the validity or enforceability of the remainder
of such restrictions shall not thereby be adversely affected. The
Executive declares that the territorial, time limitations and scope of
activities restricted as set forth in this Section 8 are reasonable and
properly required for the adequate protection of the business of the
Company. In the event that any such territorial, time limitation and
scope of activities restricted is deemed to be unreasonable by a court of
competent jurisdiction, the Company and the Executive agree to the
reduction of the territorial, time limitation or scope to the area or
period which such court shall have deemed reasonable.

6

 

		
	 	        (e) The existence of any claim or cause of action by the Executive
against the Company shall not constitute a defense to the enforcement by
the Company of the foregoing restrictive covenants, but such claim or
cause of action shall be litigated separately.

          9.   Company Right to Inventions. The Executive will promptly
disclose, grant and assign to the Company, for its sole use and benefit
(including its subsidiaries) any and all inventions, improvements, technical
information and suggestions in any way relating to the business of the Company
which the Executive may develop or acquire during the Term (whether or not
during usual working hours), together with all patent applications, letters
patent, copyrights and reissues thereof that may at any time be granted for or
upon any such invention, improvement or technical information. In connection
therewith: (i) the Executive shall, without charge, but at the expense of the
Company, promptly at all times hereafter execute and deliver such applications,
assignments, descriptions and other instruments as may be necessary or proper
in the opinion of the Company to vest title to any such inventions,
improvements, technical information, patent applications, patents, copyrights
or reissues thereof in the Company and to enable it to obtain and maintain the
entire right and title thereto throughout the world; and (ii) the Executive
shall render to the Company, at its expense (including a reasonable payment for
the time involved in case the Executive is not then in its employ), all such
assistance as it may require in the prosecution of applications of said
patents, copyrights or reissues thereof, in the prosecution or defense of
interferences which may be declared involving any said applications, patents or
copyrights and in any litigation in which the Company may be involved relating
to any such patents, inventions, improvements or technical information. The
provisions of this Section 9 will survive any termination of this Agreement or
the termination of the Executive’s employment with the Company.

          10.   Impact on Other Agreements. To the extent the provisions of
Sections 7, 8 or 9 of this Agreement are similar to or duplicative of
provisions contained in other agreements between the Executive and the Company,
the provisions of this Agreement shall control; provided,
however, that in the event the provisions of Section 7, 8 or 9 of this
Agreement expire prior to similar provisions of any such other agreement, the
provisions of such other agreement will continue to apply after expiration of
the applicable terms of this Agreement.

          11.   Representations and Agreements of Executive. The Executive
represents and warrants that he is free to enter into this Agreement and to
perform the duties required hereunder, and that there are no employment
contracts or understandings, restrictive covenants or other restrictions,
whether written or oral, preventing the performance of his duties hereunder.

          12.   Enforcement. It is the desire and intent of the parties hereto
that the provisions of this Agreement be enforceable to the fullest extent
permissible under the laws and public policies applied in each jurisdiction in
which enforcement is sought. Accordingly, to the extent that a restriction
contained in this Agreement is more restrictive than permitted by the laws of
any jurisdiction where this Agreement may be subject to review and
interpretation, the terms of such restriction, for the purpose only of the
operation of such restriction in such jurisdiction, will be the maximum
restriction allowed by the laws of such jurisdiction and such restriction will
be deemed to have been revised accordingly herein.

7

 

          13.   Remedies; Survival.

		
	 	        (a) The Executive acknowledges and understands that the provisions
of the covenants contained in Sections 7, 8 and 9 hereof, the violation
of which cannot be accurately compensated for in damages by an action at
law, are of crucial importance to the Company, and that the breach or
threatened breach of such provisions would cause the Company irreparable
harm. In the event of a breach or threatened breach by the Executive of
the provisions of Sections 7, 8 or 9 hereof, the Company will be entitled
to seek an injunction restraining the Executive from such breach.
Nothing herein contained will be construed as prohibiting the Company
from pursuing any other remedies available for any breach or threatened
breach of this Agreement.
	 
	 	        (b) Notwithstanding anything contained in this Agreement to the
contrary, the provisions of Sections 6, 7, 8, 9, 10, 12 and 13 hereof
will survive the expiration or other termination of this Agreement until,
by their terms, such provisions are no longer operative.

          14.   Notices. Any notices required or permitted to be given
hereunder shall be sufficient if in writing, and if delivered by hand, or sent
by registered or certified mail, return receipt requested, or overnight
delivery using a national courier service, or by facsimile or electronic
transmission, with confirmation as to receipt, to the Company at the address
set forth below and to the Executive at the address set forth in the personnel
records of the Company, or such other address as either party may from time to
time designate in writing to the other, and shall be deemed given as of the
date of the delivery or mailing:

	 	Digene Corporation

1201 Clopper Road

Gaithersburg, Maryland 20878

Attention: President

		
	 	        with a copy to:

	 	Ballard Spahr Andrews & Ingersoll, LLP

1735 Market Street, 51st Floor

Philadelphia, Pennsylvania 19103-7599

Attention: Morris Cheston, Jr., Esquire

          15.   Severability. If any of the covenants contained in this
Agreement, any part of any such covenant, are hereafter construed to be invalid
or unenforceable, the same shall not affect the remainder of the covenant or
covenants, or the remainder of the Agreement, which shall be given full effect,
without regard to the invalid portions.

          16.   Non-Waiver. The waiver or breach of any term or condition of
this Agreement shall not be deemed to constitute a waiver or breach of any
other term or condition.

          17.   Entire Agreement. This Agreement, including Annex A
hereto, constitutes the entire agreement of the parties with respect to its
subject matter, and no

8

 

 modification or waiver of any provision hereof shall be valid unless it be
in writing and signed by all of the parties hereto. Subject to Section 10
hereof, this Agreement supersedes all prior agreements or understandings
between the parties with respect to the subject matter hereof, including,
without limitation, that certain Employment Agreement, dated February 19, 2002,
between the Executive and the Company and that certain Noncompetition,
Nondisclosure and Developments Agreement, dated February 19, 2002, between the
Company and the Executive.

          18.   Assignment. This Agreement and the rights and obligations of
the parties hereto shall bind and inure to the benefit of any successor or
successors by reorganization, merger or consolidation and any assignee of all
or substantially all of its business and properties, but, except as to any such
successor or assignee of the Company, neither this Agreement nor any rights or
benefits hereunder may be assigned or transferred by either party without the
prior written consent of the other party.

          19.   Binding Effect. This Agreement and all of the provisions
hereof shall be binding upon the legal representatives, heirs, distributees,
successors and assigns of the parties hereto.

          20.   Choice of Law. This Agreement shall be governed by and
construed in accordance with the laws of the State of Maryland without
reference to principles of conflicts of laws.

          21.   Headings. The Section headings appearing in this Agreement are
for purposes of easy reference and shall not be considered a part of this
Agreement or in any way modify, amend, or affect its provisions.

          IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of
the day and year first above written.

	 	EXECUTIVE

	 	_______________________________

	 	DIGENE CORPORATION

	 	By:_________________________________

Name:

Title:

9

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