Document:

Letter Agreement between the Company and Thomas Hess

 Exhibit 10.1 
  
 September 13, 2005 
  
 Mr. Thomas Hess, CPA 
  
 Dear Mr. Hess:

  
 On behalf of Adolor Corporation (the “Company”), we would like to
offer you the position of Vice President, Finance and Chief Financial Officer reporting directly to Michael Dougherty, Senior Vice President and Chief Operating Officer. This offer is contingent upon our receipt of employment and education
references that meet our standards of acceptability as well as: 
  

	 	a)	The completion of a satisfactory criminal and credit background check (in compliance with the Fair Credit Reporting Act) 

  

	 	b)	The completion of a successful pre-employment drug screening. The drug test must be completed within 5 days of the employment letter date. Please visit www.questdiagnostics.com for
directions and contact information for the local Quest Diagnostics Patient Service Centers in your area. Please call to schedule an appointment for your drug screen and bring the enclosed Custody and Control Form with you to your appointment.

  

	 	c)	Successful verification of your signed certification that you are not an Ineligible Person as defined in the Adolor Corporation Certification List of Parties Excluded From Federal
Programs. 

  
 In this position, you will receive a base salary of
$16,250 per month, the equivalent of $195,000 on an annual basis, subject to the normal payroll withholding taxes in accordance with the Company’s customary practices. Adolor’s current pay practice is to make direct payroll deposits on
alternate Fridays. 
  
 Benefits 
  
 As a full time employee, you will be eligible to participate in the Company’s employee
benefit programs. Currently these benefits include: 
  

	 	•	 	Medical, prescription, and vision benefits through Blue Cross/Blue Shield’s Personal Choice plan or Keystone plan, and dental insurance coverage through MetLife. As is the
current practice in our industry, we ask that employees contribute a portion of the medical and dental insurance premiums. Your medical and dental insurance will be effective on the first day of the month following your start date.

  

	 	•	 	Short Term Disability and Long Term Disability insurance, at no cost to you. These benefits are effective the first day of your employment. 

  

	 	•	 	A company paid term life insurance plan equivalent to twice your annual salary up to a maximum of $400,000, at no cost to you. This benefit is effective the first day of your
employment. 

	 	•	 	A 401(k) Retirement Savings Plan is available through The Principal Life Insurance Company to all employees on the first day of the month following enrollment and once you meet the
plan requirements. The 401(k) Plan is provided to help you prepare for your retirement through pre-tax savings. The Company will make matching contributions to your 401(k) account according to the plan provisions. 

  

	 	•	 	Twenty (20) days of vacation on an annual basis. Every month you will accrue one twelfth of your annual vacation amount for use throughout the year. As a new hire, your
vacation accrual will be pro-rated your first year based on your hire date. 

  

	 	•	 	Eight (8) company holidays, and two (2) floating holidays per calendar year that can be scheduled by you. You will be eligible for all company holidays that follow your
start date. 

  

	 	•	 	Access to an Employee Resource Program for you and your eligible dependents. 

  

You should be aware that benefits are subject to change at the discretion of the Company. 
  
 Incentive Compensation 
  
 You may also be eligible to participate in the Adolor Corporation Incentive Compensation Plan in the 2005 Performance Year; a copy of the Plan is attached. Bonuses are
discretionary, and are subject to the approval of the Board of Directors. Your annual bonus target will be 25% of your base salary based on your performance against individual objectives and the achievement of company milestones. Your incentive
bonus payment for the 2005 performance year will be pro-rated 50%. These bonus payments are currently paid out shortly following year-end and you must be employed by the company to receive any bonus. 
  
 Annual Performance Review 
  
 Your individual performance will be evaluated during our 2005 annual review process.
Currently, our annual review process takes place at the end of each calendar year, followed by the merit increase process in January. You will receive a review during our 2005 Performance Review cycle, which may include a review of your cash
compensation and stock options. As a new hire, your merit increase may be pro-rated your first year based on your hire date. 
  
 Stock Option Program 
  
 Upon joining the Company, you will have the opportunity to participate in the Company’s stock option program. Subject to the approval of the Compensation Committee, you will be offered an option to purchase
50,000 shares of Adolor’s common stock. These options will be subject to the terms of Adolor Corporation’s 2003 Stock-Based Incentive Compensation Plan (“Plan”). A copy of the Plan is attached for your reference. The options will
be Incentive Stock Options to the maximum extent available under tax regulations and your right to purchase the stock (exercise a portion of the option) will vest in equal monthly amounts over a 48-month period commencing on your start date, subject
to an initial three month waiting period. 
  
 At the time of the annual review, if
your performance is satisfactory or better, you will be considered for additional discretionary option grants. 

 Adolor Stock 
  
 Please note that under Adolor’s Policy concerning Trading in Securities and Conflicts of Interest (Policy #LGL002) employees are not permitted to purchase or sell
shares of Adolor stock without written pre-approval from the office of the General Counsel. 
  
 Severance Agreement 
  
 You will be
eligible to participate in the Adolor Corporation Executive Severance Pay Program. Please refer to the enclosed Executive Severance Pay Program document for the terms and conditions governing this Program. Any payments under this Program would be
subject to your signing a general release in form and substance acceptable to the Company. 
  
 Miscellaneous Items 
  
 You will receive a
Company laptop and either a Blackberry or a Company cell phone that is paid monthly by Adolor with the understanding that you comply with the Company Policy regarding its use. 
  
 Conditions of Employment 
  
 As a condition of employment with the company, which you understand to be at-will employment, we require that you sign the enclosed Employee Noncompetition, Nondisclosure
and Development Agreement and return it to me. This offer will expire at 5:00 p.m. on Tuesday September 20, 2005 unless you accept it prior to that time. If you wish to accept this offer based on the terms defined in this letter, please call me
at 484-595-1975. Please sign, date, and return the enclosed copy together with the signed Employee Noncompetition, Nondisclosure and Development Agreement in the envelope enclosed. Please do not fax either of these documents to
Adolor. 
  
 Mr. Hess, we sincerely hope that you will accept our
offer and we are eager to have you join Adolor Corporation. We would anticipate, if you accept our offer, that your employment would begin on a mutually agreed upon date on or before October 31, 2005. We are looking forward to working with you
and supporting you in your work so that your contributions lead the Company to even greater future success. 
  
 Please feel free to call me if you have any questions about this offer or any other aspect of Adolor. 
  

	
	 Sincerely,

	
	/s/    ALEXANDER A.
DIGIACOMO        
	Alexander A. DiGiacomo
	Associate Director, Human Resources

  
 I acknowledge receipt of this offer
and understand that I will be an at-will employee and that this offer letter does not constitute an employment contract. 
  

					
			
	/s/    THOMAS HESS        	 	 	 	9-16-05
	 Signature
	 	 	 	Date

 Please provide the following information for Human Resources Use ONLY 
  

					
	         -        -                
	  	___________	  	________________________________
	Social Security #	  	Middle Initial	  	Anticipated Start DateAmendment to Employment Agreement

 Exhibit 10-1 
  
 AMENDMENT TO EMPLOYMENT AGREEMENT 
  
 This Amendment to Employment Agreement (“Amendment”) is made as of June 30, 2005, between Gannett Co., Inc., a
Delaware corporation (“Gannett”), and Douglas H. McCorkindale (“McCorkindale”). 
  
 This Amendment amends an Employment Agreement (“Agreement”) between the parties dated July 21, 2003. The Agreement permits McCorkindale to
terminate his employment in the event Gannett no longer retains him as President and Chief Executive Officer. Gannett desires to retain McCorkindale’s services as Chairman through his contract expiration date of June 30, 2006, and McCorkindale
is willing to make his services available for this period. 
  
 Gannett and McCorkindale therefore agree to amend the Agreement as follows: 
  
 1. The first sentence of Section 1, Employment, of the Agreement is deleted and replaced by the following: “Gannett hereby continues the employment of McCorkindale as its Chairman as of July 15, 2005, or
in such other senior executive position as the Board of Directors and McCorkindale shall mutually agree upon.” 
  
 2. Section 3, Compensation, of the Agreement is deleted and replaced by the following: 
  
 3. Compensation. During the term of
McCorkindale’s employment, Gannett shall pay him a base salary at the rate of $1,600,000 per annum or such greater amount as the Executive Compensation Committee shall determine. Such salary shall be payable in accordance with Gannett’s
standard payroll practices for senior executives. Gannett may pay McCorkindale a bonus in such amount and at such time or times as the Executive Compensation Committee shall determine. With respect to McCorkindale’s bonus for 2005, the
Executive Compensation Committee shall determine the amount on a basis consistent with past practice, as adjusted in the Committee’s discretion based on the Company’s overall performance. 
  
 3. Paragraph (a)(i) of Section 6, Termination of Agreement by
McCorkindale, is deleted and replaced by the following: 
  
 (i) McCorkindale is not elected or retained as Chairman (or such other senior executive position as McCorkindale may have agreed to serve in) and a director of Gannett. 
  
 4. The first sentence of the paragraph titled “Retention Agreement;
Restricted Stock” under Section 9(a), Miscellaneous Additional Benefits; Pre-Retirement, is amended by replacing the phrase “Chairman, President and Chief Executive Officer” with “Chairman.” 

 5. For purposes of calculating McCorkindale’s benefit under the Gannett Supplemental Retirement
Plan, or a similar plan adopted to replace such plan (the “SERP”), benefits under the SERP shall be calculated as of McCorkindale’s termination date by assuming that his annual rate of salary and bonus for the period from January 1,
2005, through his termination date is equal to the greater of (i) his actual rate of annual salary and bonus during such period and (ii) his current rate of $4,050,000. 
  
 6. Except as expressly amended hereby, all terms, covenants and conditions of the Agreement shall remain in full force and
effect. This Amendment contains the entire agreement of the parties with respect to the subject matter hereof and supersedes any prior such agreements. No amendment or modification of this Amendment shall be valid unless evidenced by a written
instrument executed by the parties hereto. No waiver by either party of any breach by the other party of any provision or conditions of this Amendment shall be deemed a waiver of any similar or dissimilar provision or condition at the same or any
prior or subsequent time. This Amendment shall be governed by and construed under and in accordance with the laws of the State of Delaware without regard to principles of conflicts of laws. 
  
 IN WITNESS WHEREOF, the parties have executed this Amendment as of the date
first set forth above. 
  

			
	 GANNETT CO., INC.

		
	 By:
	 	 /s/ Thomas L. Chapple

	 	 	 Thomas L. Chapple

	 	 	 Senior Vice President, Chief
 Administrative Officer and General
 Counsel

  

	
	
	 /s/ Douglas H. McCorkindale

	 Douglas H. McCorkindale

  

			
	 Agreed on behalf of the
 Executive Compensation Committee

		
	 By:
	 	 /s/ James A. Johnson

	 	 	 James A. Johnson

	 	 	 Chairman of the Committee

  

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