Document:

Letter Agreement

 Exhibit 10.1 

 

 

 March 11, 2011 
 Mr. Steven C. Marshall 
 Latimer Lodge, Burtons Lane, 

Chalfont St. Giles 
 Buckinghamshire, England HP8
4BS 
 Dear Steve: 
 Per our
discussion, I am pleased that you will be continuing in your assignment with American Tower Corporation, as President–US Tower Division, which remains an Executive Vice President (“EVP”) position reporting to me. Under this letter,
which is intended to amend and supersede the terms of our original letter of February 23, 2009, you will continue to be considered as seconded from the Company’s U.K. subsidiary to the US Tower Division for the duration of this assignment,
which is anticipated to be through March 31, 2013, subject to the other provisions set forth below: 
 Your Basic Salary, bonus and long
term incentives, and normal benefits will be on a basis consistent with that for the position as EVP in the US and in accordance with and subject to the terms of the respective terms and conditions such plans. Increments to Basic Salary, and bonus
and equity awards will be as recommended by our Chief Executive Officer, subject to review and approval by the Compensation Committee consistent with past practice. 
 Your compensation and all reimbursements and allowances contemplated under this letter relating to your status as an expat and being based in Massachusetts as head of our US Tower Division operations,
shall be paid in United States Dollars, unless and only to the extent otherwise mutually agreed in writing. Payments hereunder shall not be subject to adjustment for fluctuations in foreign currency exchange rates or otherwise. 

You will continue to be eligible for the following Allowances and Benefits for so long as you remain on assignment under the terms of this letter:

  

	•	 	 Housing: In recognition that your residence is in Little Chalfont, Buckinghamshire (England), you will be provided a monthly housing allowance of
$3,800 per month. 

  

	•	 	 Movement of Personal Effects: You are eligible upon your decision, during or at the end of the term hereof to return to the UK, for reimbursement up to
a maximum of $15,000 for the reasonable costs of moving your personal effects, and for reasonable service fees and investment account establishment fees incurred within the year prior to the completion of your assignment, that result from closing
accounts or costs assessed by banks or financial service 

 Mr. Steven C. Marshall 
 March 11, 2011 
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providers for making account or asset transfers (“Bank Service Fees”), provided that all such moving costs and/or Bank Service Fees are deemed reasonable, necessary and result from your
move back to the United Kingdom or, if not the United Kingdom, the equivalent if the move had been back to the United Kingdom. 

  

	•	 	 Car: The Company will continue to provide you with a monthly car allowance of $1,000, plus the cost of providing car insurance for one vehicle.

  

	•	 	 Goods and Services: The Company will continue to provide you with a monthly goods and services allowance of $1,200 per month.

  

	•	 	 Visa Immigration - The Company will continue assist you and your spouse in securing any necessary visa and immigration paperwork and will cover any
charges reasonably incurred in this process. The Company will cover the reasonable cost of airfare and reasonable expenses and transit costs en route for you, should such travel be required as part of the visa and immigration paperwork process.

  

	•	 	 Other Travel / Home Leave - reimbursement of reasonable round trip airfare transportation back to the United Kingdom and reasonable expenses and
transit costs en route for you and your spouse two times during each twelve month period. Home leave counts towards holiday time and this can be taken at your discretion at any time during the assignment subject to the normal approval process.
Travel to locations other than the United Kingdom will not be reimbursed under this home leave policy. 

  

	•	 	 Company Benefits: Other and Pension - To facilitate your continued participation in your present pension plan arrangement in the U.K., the Company will
continue to make an additional contribution with respect thereto up to 10% of your Basic Salary, but will make such contribution in U.S. dollars. 

  

	•	 	 Company Benefits: Holidays - The Company’s holiday year runs from 1st January to 31st December. You are (in addition to the Usual Company
holidays) entitled to 25 days paid holiday in any holiday year. Holiday pay shall be calculated according to your Basic Salary. 

  

	•	 	 Emergency Leave - Should you need to return to your home location for a personal or medical emergency, such as a death in the family or serious medical
illness, you will be reimbursed for economy airfare to the United Kingdom only. Emergency leaves should be communicated and approved through Human Resources as soon as possible. 

 

	•	 	 Taxes and Tax Preparation - To facilitate in the preparation of your tax returns for the years that you are on this assignment, the Company will
continue to pay customary and reasonable costs of the Company’s designated outside tax consultants for tax counseling, as well as for the preparation of your tax returns for each year you are on assignment and the tax year of exit. We will also
provide you with reimbursement of costs incurred up to $5,000 should you decide it would be beneficial to seek supplemental tax advice and counseling on compliance and planning considerations under U.S. federal and state tax laws.

 Mr. Steven C. Marshall 
 March 11, 2011 
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3
 of 3 
  

	•	 	 General/Severance Benefits - The performance of the assignment by you does require compliance with the policies and procedures of the Company. You will
be eligible to receive severance benefits afforded to Company Executive Vice Presidents under the American Tower Corporation Severance Program. All severance benefits are subject to the terms and conditions of the Severance Program and the policies
thereunder. In the event that your assignment is terminated by the Company without Cause (as defined in the American Tower Corporation Severance Program), or in the event that the Company determines to relocate you back to the United Kingdom, then
the Company will reimburse all reasonable expenses associated with your relocation back to the United Kingdom. 

 This letter
agreement supersedes the previous agreement entered into with the Company dated February 23, 2009, and its terms and conditions, including, its allowances and benefits, and it will remain in effect until March 31, 2013, but may be extended
by the mutual written agreement of the parties. 
 Steve, we are very pleased that you will be continuing with us to build upon the success that
you have already attained in this role and to meet the new challenges and opportunities just ahead. 
 Sincerely, 

Jim Taiclet 
 Chairman, President and CEO

 American Tower Corporation 
  

 
 By my signature below, I acknowledge receipt and
my agreement with the terms and conditions set forth in the letter and also acknowledge the adequacy of the consideration provided to me in connection therewith. 
  

					
	  
	 		 	  

	Steven C. Marshall	 		 	DateAmendment to Employment Agreement

 Exhibit 10.8 
 FIRST AMENDMENT TO EMPLOYMENT AGREEMENT 
 This FIRST AMENDMENT TO
EMPLOYMENT AGREEMENT (this “Amendment”) is made and entered into as of this 14th day of March 2011, by and between CHROMADEX INC., a California corporation (“Employer”), and WILLIAM F. SPENGLER, an individual
(“Employee”). 
 R E C I T A L S 

A.    On October 27, 2010, Employer and Employee entered into an Employment Agreement which provides for the
employment by Employer of Employee (the “Employment Agreement”). 
 B.    Employer and
Employee now desire to amend the Employment Agreement in certain respects only, on the terms set forth in this Amendment. 

A G R E E M E N T 
 In consideration of the foregoing recitals and of the mutual covenants and conditions contained herein, the parties, intending to be legally bound, agree to amend the Employment Agreement as follows:

 1.    Section 5(b) of the Employment Agreement is hereby amended and restated in its entirety as
follows: 
 (b)    Restricted Stock. On the Effective Date, Employer shall sell to
Employee and Employee shall purchase from Employer 1,000,000 restricted shares of Employer’s common stock (the “Restricted Stock”). The Restricted Stock purchase will be effected pursuant to a separate Restricted Stock Purchase
Agreement and will be subject to the Plan. The purchase price for the Restricted Stock shall be the par value for such stock, which is $0.001 per share (a total of $1,000 for 1,000,000 shares), payable in cash on the Effective Date. The Restricted
Stock will vest in full on November 15, 2013 (the “Restricted Stock Vesting Date”), provided that Employee is continuously employed by Employer from the Effective Date through the Restricted Stock Vesting Date and the Stock
Performance Condition (as defined below) is met. The “Stock Performance Condition” is met if and only if at any time on or prior to the Restricted Stock Vesting Date, the per share “Fair Market Value” of the common stock
of Employer as determined in accordance with this Section 5(b) is at least three (3) times the Reference Price. The term “Reference Price” shall mean $1.17, as shall be adjusted to reflect any “Capitalization
Adjustment” as defined in the Plan and subject to any other adjustments made in accordance with the terms of this Agreement. The term “Fair Market Value” shall mean (i) if the common stock of Employer is listed on an
established stock exchange or a national market system, including without limitation the Over-the-Counter Bulletin Board market, the Nasdaq Global Market or Nasdaq Global Select Market of the National Association of Securities Dealers, Inc.
Automated Quotation (“Nasdaq”) 

 
System, the average of the daily highest and the lowest trading prices for such stock averaged over all market trading days during the 30-day period prior to and including the Restricted Stock
Vesting Date, or (ii) if the common stock of Employer is not listed on an established stock exchange or national market system, shall be the fair market value as of the Restricted Stock Vesting Date as determined by Employer’s Board of
Directors (the “Board”) in good faith in accordance with Code Section 409A and the applicable Treasury regulations. Except as provided in Section 5(c), the Restricted Stock will be cancelled and returned to Employer
immediately upon Employee’s termination of employment with Employer prior to the Restricted Stock Vesting Date. Additionally, if Employee continues in employment with Employer through the Restricted Stock Vesting Date and the Stock Performance
Condition is not met, the Restricted Stock will be cancelled and returned to Employer immediately upon the Restricted Stock Vesting Date. 
 2.    Section 7(e) of the Employment Agreement is hereby amended and restated in its entirety as follows: 

(e)    Termination without Cause. Employer shall have the right, exercisable upon written
notice, to terminate Employee’s employment under this Agreement for any reason other than set forth in Sections 7(a), (c) and (d), above, at any time during the Term. If Employee is so terminated by Employer pursuant to this
Section 7(e) during the Term, Employer shall pay Employee two weeks of Base Salary for each full year of service to a maximum of eight (8) weeks of the Base Salary. Should Employee, at Employee’s sole and exclusive option, provide
Employer, no later than two (2) weeks prior to the end of the salary continuation benefits specified in the preceding sentence, with Employer’s then standard form of separation, waiver and release agreement of all claims against Employer,
then Employer agrees to (i) extend the period during which Employer shall pay to Employee the Base Salary, and (ii) reimburse Employee for the cost of the same medical, dental, long-term disability and life insurance pursuant to
Section 6(a) to which Employee was entitled hereunder as of the date of termination provided, however, that in the case of such medical and dental insurance, that Employee makes a timely election for, and continues to qualify for, continuation
coverage under the Consolidated Omnibus Budget Reconciliation Act of 1985, as amended, in each case (i.e., the Base Salary and insurance), until the expiration of twelve months from the date of termination. Employer shall make such payments in
accordance with its regular payroll schedule. In addition, if Employee is so terminated by Employer pursuant to this Section 7(e) during the Term and prior to the Restricted Stock Vesting Date, then vesting of the Restricted Stock shall be
accelerated as follows: (i) if the date of termination is on or after November 15, 2011, but before November 15, 2012, the Restricted Stock shall be 33 1/3% vested if the Stock Performance Condition would have been met if determined
on such termination date (rather than the Restricted Stock Vesting Date) replacing “three (3) times the Reference Price” with “one and two-thirds (1 2/3) times the Reference Price” in the definition of “Stock
Performance Condition”; and (ii) if the date of termination is on or after November 15, 2012, but before the Restricted Stock Vesting Date, the Restricted Stock shall be 66 2/3% vested if the Stock Performance Condition would have
been met if determined on such termination date (rather than the Restricted Stock Vesting Date) replacing “three (3)

  
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times the Reference Price” with “two and one-third (2 1/3) times the Reference Price” in the definition of “Stock Performance Condition.” 

3.    All references to “Employer” in the Employment Agreement to the extent relating to Employer’s
common stock, Compensation Committee, the Board, the CEO or the Plan, shall be deemed to be referring to ChromaDex Corporation, a Delaware corporation. 
 4.    Capitalized terms used but not defined in this Amendment shall have the meanings given in the Employment Agreement. 

5.    This Amendment along with the Employment Agreement constitute the sole and entire agreements of the parties
relating to the subject matter contained therein. To the extent there is any inconsistency between this Amendment and the Employment Agreement, the provisions of this Amendment shall be controlling. 

IN WITNESS WHEREOF, the parties have executed this Amendment as of the date first set forth above. 

 

							
	“EMPLOYER”:	 		 	“EMPLOYEE”:
			
	 CHROMADEX, INC.,
 a California corporation
	 		 	
				
	By:	 	/s/ Frank L. Jaksch, Jr.	 		 	/s/ William F. Spengler
	Its:	 	Chief Executive Officer	 		 	WILLIAM F. SPENGLER

  
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