Document:

Form of Subscription Agreement under the 2004 Employee Stock Purchase Plan

 EXHIBIT 10.4B 
  
 SAMPLE SUBSCRIPTION AGREEMENT 
  
 TERCICA, INC. 
  
 2004 EMPLOYEE STOCK PURCHASE PLAN 
  
 SUBSCRIPTION AGREEMENT 
  

			
	              Original Application
	  	Offering Date:             
	              Change in Payroll Deduction Rate
	  	 
	              Change of Beneficiary(ies)
	  	 

  

	1.	 	                         hereby elects to participate
in the Tercica, Inc. 2004 Employee Stock Purchase Plan (the “Plan”) and subscribes to purchase shares of the Company’s Common Stock in accordance with this Subscription Agreement and the Plan. 

  

	2.	 	I hereby authorize payroll deductions from each paycheck in the amount of         % of my Compensation on each payday (from 0 to 10%)
during the Offering Period in accordance with the Plan. (Please note that no fractional percentages are permitted.) 

  

	3.	 	I understand that said payroll deductions shall be accumulated for the purchase of shares of Common Stock at the applicable Purchase Price determined in accordance with the Plan. I
understand that if I do not withdraw from an Offering Period, any accumulated payroll deductions will be used to automatically exercise my option. 

  

	4.	 	I have received a copy of the complete Plan. I understand that my participation in the Plan is in all respects subject to the terms of the Plan. I understand that my ability to
exercise the option under this Subscription Agreement is subject to shareholder approval of the Plan. 

  

	5.	 	Shares of Common Stock purchased for me under the Plan should be issued in the name(s) of Employee or Employee and Spouse only. 

  

	6.	 	I understand that if I dispose of any shares received by me pursuant to the Plan within 2 years after the Offering Date (the first day of the Offering Period during which I
purchased such shares) or one year after the Exercise Date, I will be treated for federal income tax purposes as having received ordinary income at the time of such disposition in an amount equal to the excess of the fair market value of the shares
at the time such shares were purchased by me over the price which I paid for the shares. I hereby agree to notify the Company in writing within 30 days after the date of any disposition of my shares and I will make adequate provision for Federal,
state or other tax withholding obligations, if any, which arise upon the disposition of the Common Stock. The Company may, but will not be obligated to, withhold 

	    	 	from my compensation the amount necessary to meet any applicable withholding obligation including any withholding necessary to make available to the Company any tax deductions or
benefits attributable to sale or early disposition of Common Stock by me. If I dispose of such shares at any time after the expiration of the 2-year and 1-year holding periods, I understand that I will be treated for federal income tax purposes as
having received income only at the time of such disposition, and that such income will be taxed as ordinary income only to the extent of an amount equal to the lesser of (1) the excess of the fair market value of the shares at the time of such
disposition over the purchase price which I paid for the shares, or (2) 15% of the fair market value of the shares on the first day of the Offering Period. The remainder of the gain, if any, recognized on such disposition will be taxed as capital
gain. 

  

	7.	 	I hereby agree to be bound by the terms of the Plan. The effectiveness of this Subscription Agreement is dependent upon my eligibility to participate in the Plan.

  

	8.	 	In the event of my death, I hereby designate the following as my beneficiary(ies) to receive all payments and/or shares due me under the Plan: 

  

							
	 NAME: (Please print)
	 	  

	 	 	(First)	 	(Middle)	 	(Last)
	  

	 	  

	 Relationship
	 	 	 	 	 	 
	  

	 	  

	 Percentage Benefit
	 	(Address)	 	 	 	 
		
	 NAME: (please print)
	 	  

	 	 	(First)	 	(Middle)	 	(Last)
	  

	 	  

	 Relationship
	 	 	 	 	 	 
	  

	 	  

	 Percentage of Benefit
	 	(Address)	 	 	 	 

  

 2 

					
	 Employee’s Social
 Security Number:
	 	 	 	 
	 	 	
	 	 
	 Employee’s Address:
	 	 	 	 
	 	 	
	 	 
	 	 	 	 	 
	 	 	
	 	 
	 	 	 	 	 
	 	 	
	 	 

  
 I UNDERSTAND THAT THIS SUBSCRIPTION
AGREEMENT SHALL REMAIN IN EFFECT THROUGHOUT SUCCESSIVE OFFERING PERIODS UNLESS TERMINATED BY ME. 
  

							
	 Dated:
	  	  

	  	 	  	  

	 	  	 	  	 	  	Signature of Employee
				
	 	  	 	  	 	  	  

	 	  	 	  	 	  	Spouse’s Signature (If beneficiary other than spouse)

  

 3 

 SAMPLE WITHDRAWAL NOTICE 
  
 TERCICA, INC. 
  
 2004 EMPLOYEE STOCK PURCHASE PLAN 
  
 NOTICE OF WITHDRAWAL 
  
 The undersigned participant in the Offering Period of the Tercica, Inc. 2004 Employee Stock Purchase Plan which began on
                        ,          (the “Offering Date”) hereby
notifies the Company that he or she hereby withdraws from the Offering Period. He or she hereby directs the Company to pay to the undersigned as promptly as practicable all the payroll deductions credited to his or her account with respect to such
Offering Period. The undersigned understands and agrees that his or her option for such Offering Period will be automatically terminated. The undersigned understands further that no further payroll deductions will be made for the purchase of shares
in the current Offering Period and the undersigned shall be eligible to participate in succeeding Offering Periods only by delivering to the Company a new Subscription Agreement. 
  

	
	 Name and Address of Participant:

	
	
  

  

	
	 Signature:

	  

			
		
	 Date:Employment Letter to Susan Wong dated January 9, 2004

 EXHIBIT 10.9J 
  
 

 
  
  
 January 9, 2004 
  
  
 Susan S. Wong 
 722 Miner Road 
 Orinda, CA 94563 
  
  
 Dear Susan: 
  
 We are pleased to offer you a position with Tercica, Inc., as its Vice President, Finance & Controller, reporting to me. If you decide to join us, you
will receive an annual salary of $192,500, less standard payroll deductions and all required withholdings. Your salary will be paid semi-monthly in accordance with our normal payroll procedures, and, as an employee, you will also be eligible
to receive standard employee benefits, including the benefits detailed in Exhibit A. 
  
 We currently anticipate that your target bonus will be up to 20% of your annual salary, at the Company’s discretion, dependent upon both Company and individual performance. 
  
 In addition, if you decide to join us, we will recommend to our Board of
Directors that you be granted an option to purchase 75,000 shares of common stock of Tercica. During the term of your employment with us, 25% of the shares subject to the option will vest on the one-year anniversary of your start date, and the
remaining shares will vest ratably over the next thirty-six (36) months. All option grants will be subject to the terms and conditions of our stock option plan and form of stock option agreement. 
  
 In addition, if the Company terminates your employment without Cause (as
defined in Exhibit B) and not within 12 months after a Change of Control (as defined in Exhibit B), then, subject to your entering into and not revoking the Company’s standard form of release of claims in favor of the Company, you
will receive a severance payment equal to three (3) months of your base salary in effect at the time of termination, the shares subject to your stock options will not continue to vest after the date of termination, and you will have ninety (90) days
to exercise all those stock option shares that have vested as of the date of termination. 
  
 If the Company terminates your employment without Cause or you terminate your employment for Good Reason (as defined in Exhibit B) in either case within 12 
  
  
 651 Gateway
Boulevard : Suite 950 : South San Francisco, California : 94080 
 Phone – 650.624.4900 : Fax – 650.624.4940 : www.tercica.com 

 

 
  
  
 months after a Change of Control, then, subject to your entering into and not revoking the Company’s standard form of release of claims in favor of the Company, you will receive a severance payment equal to six
(6) months of your base salary in effect at the time of termination, the vesting for 50% of the unvested stock option shares will be accelerated so as to vest as of the date of termination, and you will have ninety (90) days to exercise all those
stock option shares that have vested as of the date of termination. 
  
 We are excited about your joining Tercica and we look forward to a beneficial and productive relationship. Please note, however, that your employment with the Company constitutes at-will employment and is subject to all the Terms and
Conditions of Employment set forth in Exhibit C, including the provisions of the Company’s At-Will Employment, Confidential Information, Invention Assignment, and Arbitration Agreement (the “Agreement”), a copy of which
is attached to this letter as Annex 1. Please read both those documents carefully. A duplicate original of this letter, including Exhibit A, Exhibit B, Exhibit C and the Agreement attached as Annex 1, is enclosed
for your records. 
  
 This offer of employment is contingent upon
the granting of employment authorization through the INS’s approval of the Company’s H1-B visa petition on your behalf (if applicable), the costs of which will be paid by Tercica. Your first day of employment will be within three (3)
business days of receiving such INS approval. 
  
 To accept
the Company’s offer, please sign and date both this letter and the Agreement in the spaces provided and return both to the Company. If you accept our offer, your first day of employment will be Thursday, January 29, 2004. 
  
 You understand that, by signing this letter, you are also agreeing to the
Terms and Conditions of Employment set forth in Exhibit C. 
  
 This letter, including Exhibit A, Exhibit B, Exhibit C and the Agreement attached as Annex 1, sets forth the entire terms of your employment with the Company and supersedes any prior representations or
agreements, whether written or oral, and may not be modified or amended except by a written agreement signed by you and approved by the Company’s Board of Directors. 

 

 
  
  
 We look forward to your favorable reply and to working with you at Tercica, Inc. 
  

	
	Sincerely,
	
	TERCICA, INC.
	
	 /s/ Timothy Lynch

	Timothy Lynch
	Chief Financial Officer

  
 Agreed to and accepted:

  

			
	Signature:	 	 /s/ Susan Wong

  

			
	Printed Name:	 	 Susan Wong

  

			
	Date:	 	 January 9, 2004

  
 Enclosures 
 Duplicate letter, with Exhibit A, Exhibit B, Exhibit C and Annex 1

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00061-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00061-of-00352.parquet"}]]