Document:

EX-10.1

 Exhibit 10.1 

EMPLOYMENT AGREEMENT 
 THIS EMPLOYMENT
AGREEMENT is made and entered into as of this 9th day of January 2015 and effective February 23, 2015 (the “Effective Date”), by and between Unilife Corporation
(“Unilife”) and David C. Hastings (“Hastings”). The term “Unilife” shall include its subsidiaries, affiliates, assigns and successors in interest under Sections 7, 8, and 13. 

WHEREAS, Unilife is engaged in the business of designing, developing, manufacturing and supplying advanced drug delivery systems; 

WHEREAS, Unilife desires to employ Hastings as Senior Vice President and Chief Financial Officer; and 

WHEREAS, Unilife and Hastings wish to enter into this employment agreement to set forth the terms of Hastings’ employment relationship with
Unilife. 
 NOW, THEREFORE, in consideration of the promises and covenants set forth herein, and intending to be legally bound hereby, the parties
agree as follows: 
 1. Term. This agreement shall be effective on the Effective Date and shall be for a multi-year term commencing on such Effective
Date and expiring on December 31, 2018. This agreement will automatically renew for one-year periods annually thereafter, unless either party gives the other party thirty (30) days written notice in advance of the relevant expiration date
of its intention not to renew the agreement. Upon expiration or earlier termination of this employment relationship, the parties will be relieved of their duties and obligations under this agreement, except that the rights and obligations of Unilife
under Section 6 below shall remain in full force and effect until all appropriate payments have been made to Hastings and the rights and obligations of Hastings set forth in Sections 7 and 8 below shall remain in full force and effect and shall
survive the expiration or termination of this agreement, regardless of the reason(s) for termination. 
 2. Position and Duties. 

(a) Unilife will employ Hastings as Senior Vice President and Chief Financial Officer and Hastings agrees to serve in such capacity for
Unilife with responsibility for Unilife’s financial affairs and such other duties as are assigned to him by the Chief Executive Officer (“CEO”) of Unilife, and shall have vested in him the authority and duties typically held by an
employee in such position. Hastings shall report to the CEO with respect to the performance of these duties and shall be a member of the Executive Team. In the performance of these duties, Hastings shall devote his knowledge, skill, attention,
energies and all of his business time, and shall comply with all of Unilife’s policies, rules, and procedures, as they may be amended from time to time. Hastings shall not engage in any endeavor that would conflict with the rendition of his
services to Unilife, either directly or indirectly, without the prior written consent of Unilife’s CEO; provided, however, Hastings may participate in civic, charitable, educational, industry and professional organizations, to the extent that
such participation does not unreasonably interfere with the performance of his duties hereunder; and Hastings may also serve on corporate boards and committees, but only with the prior written consent of Unilife’s CEO. 

  
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 (b) Notwithstanding the responsibilities and duties contained in Section 2(a) above,
Hastings acknowledges that all material decisions relating to the management of Unilife’s business will be made by the CEO or the Board of Directors of Unilife. In addition, any decisions which have the capacity to affect significantly the
financial standing of Unilife must be referred to the CEO or Board of Directors of Unilife who will have ultimate control in respect of these matters. 
 3.
Compensation. 
 (a) Base Salary. Hastings shall be paid an annual base salary of Three Hundred Eighty Thousand Dollars
($380,000) payable in accordance with Unilife’s standard payroll practices. Hastings’ base salary will be subject to the customary withholding and employment taxes, as required by law, with respect to compensation paid by an employer to an
employee. At the discretion of the Compensation Committee of the Board of Directors of Unilife (the “Compensation Committee”), Hastings shall be eligible for increases in base salary. Further, Unilife will not reduce Hastings’ base
salary to less than what is agreed to herein. 
 (b) Bonus. Hastings shall be eligible to participate in Unilife’s Incentive
Bonus Plan in amounts and percentages as determined by Unilife’s Compensation Committee. The target cash bonus amount for such bonus will be fifty percent (50%) of base salary. Bonuses are subject to achievement of such goals and
objectives as the Compensation Committee determines in a set of Key Performance Indicators. Any bonus payable for a fiscal or calendar year shall be paid in a lump-sum payment no later than the date that is two and one-half months after the close of
the relevant fiscal or calendar year. Hastings’ bonuses will be subject to the customary withholding and employment taxes, as required by law, with respect to compensation paid by an employer to an employee. 

4. Benefits. 
 (a) Benefits Generally
Available to Unilife Employees. Hastings shall be eligible to participate in Unilife’s benefits programs (including any equity incentive plan of Unilife or its affiliates), as they may change from time to time. The benefits provided to
Hastings will be the same as the benefits provided to other similarly situated Unilife employees, and may be changed upon expiration or other termination of the current benefits contracts. For further information, Hastings should review any
applicable benefit plan documents, which will govern the terms of the benefits. 
 (b) Vacation. Hastings shall also receive four
(4) weeks of paid vacation per calendar year. Any unused vacation days may be carried over or paid in lieu thereof, to the extent allowed by Unilife’s policy for similarly situated employees or at the CEO’s discretion. 

(c) Equity Plans. Any stock options and other stock-based awards that Hastings may receive from Unilife shall be governed by the
applicable, underlying award agreement and the terms of the 2009 Stock Incentive Plan or any successor plan under which the award is granted. 

(d) Expenses. Unilife shall reimburse Hastings for all reasonable and necessary expenses incurred by him in carrying out his duties
under this agreement in accordance with Unilife’s business expense policies, including without limitation, requirements with respect to reporting, documentation and payment of such expenses. All such expenses shall be paid promptly after
submission in accordance with Unilife’s polices, but no later than December 31st of the calendar year following the year in which such expenses were incurred. 

(e) Automobile. Unilife shall provide Hastings with the use of a company-owned or leased automobile and, subject to Section 15(f),
shall reimburse Hastings for the reasonable costs associated with maintaining and operating such automobile. 

  
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 5. Indemnification. Unilife agrees to provide Hastings with indemnification equivalent to that provided to
other members of senior management and insurance coverage pursuant to Unilife’s Directors and Officers insurance policies, as amended from time to time. 

6. Termination and Pay upon Termination. 

(a) General Rule. In the event that (1) Unilife terminates this agreement and Hastings’ employment without Cause (as defined
herein), including employment termination due to Unilife’s election not to renew this agreement where Hastings was willing and able to continue performing services under the terms of this agreement, or (2) Hastings terminates this
agreement and Hastings’ employment for Good Reason (as defined herein), Unilife will pay Hastings the severance benefits provided in subparagraphs (i) through (iv) of this Section 6(a). 

(i) his base salary, at the rate in effect immediately before the date that Hastings’ employment terminates, for twelve
(12) months, in accordance with Unilife’s standard payroll practices then in effect, commencing on the fifteenth (15th) day after the date that Hastings’ employment terminates
and the General Release provided for in Section 9 of this agreement becomes irrevocable; 
 (ii) provided that Hastings
is eligible for and timely elects to receive COBRA health, vision and dental care continuation coverage, the cost of Hastings’ COBRA health, vision and dental care continuation coverage premiums (for himself and his eligible dependents) for
twelve (12) months, commencing on the first of the month immediately after the month which includes the date that Hastings’ employment terminates and the General Release provided for in Section 9 of this agreement becomes irrevocable;

 (iii) payment of an amount, equal to the greater of the amount of the bonus, if any, earned by and paid to Hastings for
the last completed bonus year prior to the year in which his employment terminates or the target bonus for which Hastings was eligible to earn in the bonus year in which his employment is terminated, which will be payable in equal installments over
a twelve (12) month period, in accordance with Unilife’s standard payroll practices then in effect, commencing on the fifteenth (15th) day after the date that Hastings’
employment terminates and the General Release provided for in Section 9 of this Agreement becomes irrevocable; and 

(iv) notwithstanding anything to the contrary, all of Hastings’ outstanding and unvested options and other stock-based
awards shall vest immediately upon such termination of employment. 
 In the event that Hastings terminates this agreement other than for Good Reason,
including Hastings’ election not to renew the agreement, Hastings shall not receive any compensation or benefits from the time that he ceases to devote full time and attention to Unilife’s business, except such compensation as was earned
prior to that date, including, but not limited to unused vacation and vested equity grants. In addition, Hastings agrees to provide Unilife with thirty (30) days advance written notice of his intent to terminate his employment other than for
Good Reason, whether during the initial term or any renewal thereof. Upon termination of this agreement, the parties will be relieved of their duties and obligations, except that the rights and obligations of Unilife under this Section 6(a)
shall remain in full force and effect until all appropriate payments have been made to Hastings, if applicable, and the rights and obligations of Hastings set forth in Sections 7 and 8 below shall remain in full force and effect and shall survive
the expiration or termination of this agreement, regardless of the reason(s) for termination. Upon termination of this agreement, Hastings shall not have any further contact with any customers of Unilife on behalf of a competing entity until the
expiration of the conditions of Section 8 of this agreement. 

  
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 (b) Termination Following a Change in Control. 

(i) Termination Pay. Notwithstanding paragraph (a) immediately above, in the event that (1) Unilife terminates
this agreement and Hastings’ employment without Cause, including employment termination due to Unilife’s election not to renew this agreement where Hastings was willing and able to continue performing services under the terms of this
agreement, or (2) Hastings terminates this agreement and Hastings’ employment for Good Reason, in either case coincident with or within twelve months after a Change in Control as defined in subparagraph (iii) immediately below, then
Unilife, in lieu of and not in duplication of the severance compensation provided for in paragraph (a) immediately above, shall pay Hastings: 

(A) his base salary, at the rate in effect immediately before the date that Hastings’ employment terminates, for eighteen
(18) months, in accordance with Unilife’s standard payroll practices then in effect, commencing on the fifteenth (15th) day after the date that Hastings’ employment terminates
and the General Release provided for in Section 9 of this agreement becomes irrevocable, 
 (B) provided that Hastings
is eligible for and timely elects to receive COBRA health, vision and dental care continuation coverage, the cost of Hastings’ COBRA health, vision and dental care continuation coverage premiums (for himself and his eligible dependents) for
eighteen (18) months, commencing on with the first of the month immediately after the month which includes the date that Hastings’ employment terminates and the General Release provided for in Section 9 of this agreement becomes
irrevocable, 
 (C) payment of a lump-sum amount, equal to the greater of the amount of the bonus, if any, earned by and paid
to Hastings for the last completed bonus year prior to the year in which his employment terminates or the target bonus for which Hastings was eligible to earn in the bonus year in which his employment is terminated, which will be payable on the
fifteenth (15th) day after the date that Hastings’ employment terminates and the General Release provided for in Section 9 of this agreement becomes irrevocable, and 

(D) notwithstanding anything to the contrary, all of Hastings’ outstanding and unvested options and other stock-based
awards shall vest immediately upon a Change in Control. 

  
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 (ii) Definition of “Cause”. “Cause” will mean any one
or more of the following: 
 (A) material neglect of assigned duties, willful misconduct in connection with the performance
of duties, or refusal to perform assigned duties (other than by reason of disability) which continues uncured for thirty (30) days following receipt of written notice of such deficiency from the CEO, specifying the scope and nature of the
deficiency; 
 (B) engaging in any act of dishonesty, any act of moral turpitude, any illegal conduct or committing a crime
that causes material harm to Unilife or its reputation; 
 (C) being barred from working in a Food and Drug Administration
(“FDA”) regulated industry by the FDA or otherwise being sanctioned by the FDA or any similar international body; 

(D) breaching, in any material respect, the terms of any agreement with Unilife; or 

(E) commencement of employment with any other employer while an employee of Unilife without the prior written consent of the
CEO. 
 Any determination of “Cause” as used herein will be made in good faith by the CEO. 

(iii) Definition of “Change in Control”. “Change in Control” means a: (i) Change in Ownership
of Unilife Corporation, (ii) Change in Effective Control of Unilife Corporation, or a (iii) Change in the Ownership of Assets of Unilife Corporation, all as described herein and construed in accordance with section 409A of the Internal
Revenue Code of 1986, as amended (the “Code”). 
 (A) A Change in Ownership of Unilife Corporation shall occur on
the date that any one Person acquires, or Persons Acting as a Group (or Group) acquire, ownership of the capital stock of Unilife Corporation that, together with the stock held by such Person or Group, constitutes more than fifty percent
(50%) of the total fair market value or total voting power of the capital stock of Unilife Corporation. However, if any one Person is, or Persons Acting as a Group are, considered to own more than fifty percent (50%) of the total fair
market value or total voting power of the capital stock of Unilife Corporation, the acquisition of additional stock by the same Person or Persons Acting as a Group is not considered to cause a Change in Ownership of Unilife Corporation or to cause a
Change in Effective Control of Unilife Corporation. An increase in the percentage of capital stock owned by any one Person, or Persons Acting as a Group, as a result of a transaction in which Unilife Corporation acquires its stock in exchange for
property will be treated as an acquisition of stock. 

  
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 (B) A Change in Effective Control of Unilife Corporation shall occur on the date
a majority of members of the Board of Directors of Unilife Corporation is replaced during any twelve (12)-month period by directors whose appointment or election is not endorsed by a majority of the members of the Board of Directors of Unilife
Corporation before the date of the appointment or election. 
 (C) A Change in the Ownership of Assets of Unilife Corporation
shall occur on the date that any one Person acquires, or Persons Acting as a Group acquire (or has or have acquired during the twelve (12)-month period ending on the date of the most recent acquisition by such Person or Persons), assets (including
tangible/real property and intangible property (such as goodwill)) from Unilife Corporation the total gross fair market value of which is more than fifty percent (50%) of the total gross fair market value of all of the assets of Unilife
Corporation immediately before such acquisition or acquisitions. For this purpose, gross fair market value means the value of the assets of Unilife Corporation, or the value of the assets being disposed of, determined without regard to any
liabilities associated with such assets. 
 (D) The following rules of construction apply in interpreting the definition of
Change in Control: 
 (I) A Person means any individual, entity or group within the meaning of Section 13(d)
(3) or 14(d) (2) of the Securities Exchange Act of 1934, as amended, other than employee benefit plans sponsored or maintained by Unilife Corporation and by entities controlled by Unilife Corporation or an underwriter of the capital stock
of Unilife Corporation in a registered public offering. 
 (II) Persons will be considered to be Persons Acting as a Group
if they are owners of a corporation that enters into a merger, consolidation, purchase or acquisition of stock, or similar business transaction with the corporation. If a Person owns stock in both corporations that enter into a merger,
consolidation, purchase or acquisition of stock, or similar transaction, such shareholder is considered to be acting as a Group with other shareholders only with respect to the ownership in that corporation before the transaction giving rise to the
change and not with respect to the ownership interest in the other corporation. Persons will not be considered to be acting as a Group solely because they purchase assets of the same corporation at the same time or purchase or own stock of the same
corporation at the same time, or as a result of the same public offering. 
 (III) For purposes of this Section 6(b),
fair market value shall be determined in accordance with Code Section 409A. 
 (IV) A Change in Control shall not
include a transfer to a related person as described in Code section 409A or a public offering of capital stock of Unilife Corporation. 

  
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 (E) For purposes of this Section 6(b), Code section 318(a) applies to
determine stock ownership. Stock underlying a vested option is considered owned by the individual who holds the vested option (and the stock underlying an unvested option is not considered owned by the individual who holds the unvested option). For
purposes of the preceding sentence, however, if a vested option is exercisable for stock that is not substantially vested (as defined by Treasury Regulation §1.83-3(b) and (j)), the stock underlying the option is not treated as owned by the
individual who holds the option. 
 (iv) Definition of “Good Reason”. “Good Reason” means any one
or more of the following: 
 (A) a material, adverse change in title, authority or duties (including the assignment of duties
materially inconsistent with Hastings’ position); 
 (B) a reduction in Hastings’ base salary; 

(C) a material breach of this agreement by Unilife; or 

(D) the occurrence of the later of: (I) a termination of Alan D. Shortall’s service as Chairman of the Board of
Directors of Unilife by Unilife for any reason or (II) a termination of Alan D. Shortall’s employment as the CEO of Unilife by Unilife for any reason, provided that both (I) and (II) must occur for Good Reason to arise. 

However, none of the foregoing events or conditions will constitute Good Reason unless Hastings provides Unilife with written notice of the
event or condition constituting Good Reason within 90 days following the occurrence thereof, Unilife does not reverse or otherwise cure the event or condition within 30 days of receiving such notice, and Hastings resigns his employment within 180
days following the expiration of the applicable cure period. 
 7. Confidential Information. 

(a) Hastings acknowledges that Unilife has a valuable property interest in all aspects of its business relationships with its customers,
clients, vendors and suppliers. In the course of Hastings’ work with Unilife, Hastings will become aware of and familiar with secret and confidential information of Unilife relating to its customers, clients, vendors and suppliers, and its
internal business operations. Secret and confidential information includes, but is not limited to, Unilife’s business plans, customer lists, customer data, marketing plans, supplier and vendor lists and cost information, software and computer
programs, data processing systems and information contained therein, financial statements, financial data, acquisition and divestiture plans, and any other trade secrets or confidential or proprietary information, documents, reports, plans, or data,
of or about Unilife that is not already available to the public or was known to Hastings prior to his employment with Unilife. 
 (b)
Hastings agrees that he will not, without the written consent of Unilife, during the term of this agreement or thereafter, disclose or make any use of secret and confidential information, except as may be required in the performance of his duties
under Section 2 of this agreement. Hastings agrees that, following the termination of his employment with Unilife for any reason, he will never use secret and confidential information to compete with Unilife in any

  
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manner, and he will never disclose any secret and confidential information to any other business or individual, unless such secret or confidential information is: (i) publicly known through
no breach of the provisions of this Section 7 by either party, (ii) lawfully disclosed by a third party, or (iii) disclosed pursuant to legal requirement or court order. In no event shall any disclosure made to investment banking
firms or private equity firms at the request of Unilife and as part of Hastings’ duties ever be considered a violation of this Section 7. 

(c) Upon termination of this agreement, Hastings shall surrender to Unilife all records and all paper and/or electronic copies made of those
records that pertain to any aspect of the business of Unilife, including all secret and confidential information. 
 8. Agreement Not To Compete.

 (a) In consideration for employment by Unilife and the benefits of this agreement, Hastings agrees to be bound by the covenant not to
compete as set forth in Section 8 of this agreement below; provided however, this non-compete covenant will extend for a period of two (2) years post-employment, if Hastings resigns his employment with Unilife without Good Reason or if
Unilife terminates Hastings’ employment for Cause, and provided further that this non-compete covenant will extend for a period of one (1) year post-employment if Hastings’ employment with Unilife is terminated by Unilife for any
reason, other than Cause or if Hastings’ employment with Unilife is terminated by Hastings for Good Reason. 
 (b) Hastings agrees that
during the term of his employment he will not, directly or indirectly: 
 (i) render services to, become employed by, be
engaged as a consultant by, own, or have a financial or other interest in (either as an individual, partner, joint venture, owner, manager, employee, partner, officer, director, independent contractor, or other similar role) any business that is
engaged in any business activity that is in direct competition with the activities of Unilife, as of the date of the termination of this agreement. 

(ii) induce, offer, assist, encourage, or suggest that another business or enterprise offer employment to or enter into a
consulting arrangement with any individual who is employed by Unilife, or induce, offer, assist, encourage, or suggest that any Unilife employee terminate his or her employment with Unilife, or accept employment with any other business or
enterprise. 
 (c) In the event that Hastings commits any breach of Section 8(b) above, Hastings acknowledges that Unilife would suffer
substantial and irreparable harm and damages. Accordingly, Hastings hereby agrees that in such event, Unilife shall be entitled to temporary and/or permanent injunctive relief, without the necessity of proving damage, to enforce the provisions of
this Section, all without prejudice to any and all other remedies that Unilife may have at law or in equity and that Unilife may elect or invoke. Hastings agrees that if any of the provisions of this Section are or become unenforceable, the
remainder hereof shall nevertheless remain binding upon him to the fullest extent possible, taking into consideration the purposes and spirit of this agreement. Any invalid or unenforceable provision is to be reformed to the maximum time, geographic
and/or business limitations permitted by applicable laws, so as to be valid and enforceable. 

  
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 (d) Hastings expressly acknowledges and agrees that the restrictive covenants set forth in
Sections 7 and 8 above are absolutely necessary to protect the legitimate business interests of Unilife, because he is employed in a position of trust and confidence and is provided with extensive access to Unilife’s most confidential and
proprietary trade secrets, and has significant involvement in important business relationships, which constitute the goodwill of Unilife. Hastings further agrees and acknowledges that these restrictive covenants are reasonable, will not restrict him
from earning a livelihood following the termination of employment, and are intended by the parties to be enforceable following termination of employment for any reason. 

(e) In the event that Unilife must bring legal action to enforce or seek a remedy for any breach of the provisions of Sections 7 or 8 of this
agreement and Hastings is found by a court to have breached any of these provisions, Hastings agrees to reimburse Unilife for any and all expenses, including attorneys’ fees and court costs, incurred by it in enforcing the terms of these
Sections of the agreement. 
 9. General Release. As a condition of receiving the severance compensation and benefits described in Section 6,
Unilife and Hastings will execute a mutual general release of claims (which is in a form acceptable to Unilife); provided that, to the extent that any claim that Unilife may have against Hastings would not be covered under the D&O insurance of
Unilife, then Unilife would not release such claim under the mutual release. Such general release would not include rights to previously vested options or claims for any compensation or benefits earned (including, without limitation, unused
vacation), or reimbursement of expenses incurred, through the date of termination. Such release must be agreed to, executed and irrevocable no later than 30 days following Hastings’ termination date. 

10. Dispute Resolution. Any controversy, claim or dispute involving the parties (or their affiliated persons) directly or indirectly concerning this
agreement shall be finally settled by binding arbitration held in Montgomery County, Pennsylvania by one arbitrator (who is mutually acceptable to both parties as well as licensed to practice law in the Commonwealth of Pennsylvania) in accordance
with the rules of employment arbitration then followed by the American Arbitration Association or any successor to the functions thereof. The arbitrator shall apply Pennsylvania law in the resolution of all controversies, claims and disputes and
shall have the right and authority to determine how his or her decision or determination as to each issue or matter in dispute may be implemented or enforced. Any decision or award of the arbitrator shall be final and conclusive for both Hastings
and Unilife (and its affiliates), and there shall be no appeal there from other than causes of appeal allowed by the Federal Arbitration Act. Unilife shall bear all costs of the arbitrator in any action brought under this agreement. The arbitrator
shall have the power to award attorney’s fees and arbitration costs to the prevailing party, if the award of attorney’s fees and litigation costs would be permitted by a court. The parties hereto agree that any action to compel arbitration
may be brought in the appropriate Pennsylvania state or federal court, and in connection with such action to compel, the laws of the Commonwealth of Pennsylvania and the Federal Arbitration Act shall control. Application may also be made to such
court for confirmation of any decision or award of the arbitrator, for an order of the enforcement and for any other remedies, which may be necessary to effectuate such decision or award. The parties hereto hereby consent to the jurisdiction of the
arbitrator and of such court and waive any objection to the jurisdiction of such arbitrator and court. 
 11. Non-waiver. A waiver of any provision
of this agreement by either party shall not prevent either party from enforcing that provision or any other provision hereof. 

  
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 12. Assignment. This agreement is personal and may not be assigned by Hastings. Any assignment of this
agreement between Unilife (or its successor) and its affiliates (and their successors) shall not constitute a termination of Hastings’ employment hereunder. This agreement (including the Restrictive Covenants set forth in Sections 7 and 8)
shall inure to the benefit of and be binding upon any successor to Unilife. The parties specifically understand and agree that the non-compete provisions of Section 8 will inure to the benefit of a successor and that Hastings will remain bound
by these provisions in the event of a sale or corporate reorganization of Unilife. 
 13. Severability. Each provision of this agreement is severable
and distinct from, and independent of, every other provision hereof. If one provision hereof is declared void, the remaining provisions shall remain in effect. Any provision of this agreement which is prohibited or unenforceable in any jurisdiction
shall, as to such jurisdiction, be ineffective only to the extent of such prohibition or unenforceability without invalidating or affecting the remaining provisions hereof, and any such prohibition or unenforceability in any jurisdiction shall not
invalidate or render unenforceable such provision in any other jurisdiction. 
 14. Entire Agreement. This agreement contains the entire agreement of
the parties concerning the employment relationship and supersedes any prior agreements or understandings between the parties concerning the terms and conditions of Hastings’ employment, whether oral or written; provided, however, that
Hastings’ equity grants shall be governed by the equity grant documents; provided further, that any stock options or other stock-based awards provided to Hastings shall be governed by Unilife’s stock incentive plans as they are amended
from time to time, except as provided herein. The parties acknowledge, in entering into this agreement that they have not relied upon any promise or inducement not specifically set forth herein. Any changes to this agreement must be in writing and
signed by both parties. 
 15. Section 409A. 

(a) This agreement is intended to comply with, or otherwise be exempt from, Code section 409A and any regulations and Treasury guidance
promulgated thereunder, and Unilife shall be required to interpret the terms of this agreement as necessary to comply with the requirements of Code section 409A. 

(b) Unilife shall undertake to administer, interpret, and construe this agreement in a manner that does not result in the imposition on
Hastings of any additional tax, penalty, or interest under Code section 409A. 
 (c) Unilife and Hastings agree that they will execute any
and all amendments to this agreement permitted under applicable law as they mutually agree in good faith may be necessary to ensure compliance with the distribution provisions of Code section 409A or as otherwise needed to ensure that this
agreement complies with that section. 
 (d) The preceding provisions, however, shall not be construed as a guarantee by Unilife of any
particular tax effect to Hastings under this agreement. Unilife shall not be liable to Hastings for any payment made under this agreement that is determined to result in an additional tax, penalty, or interest under Code section 409A, nor for
reporting in good faith any payment made under this agreement as an amount includible in gross income under that section. 

  
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 (e) For purposes of Code section 409A, the right to a series of installment payments under this
agreement shall be treated as a right to a series of separate payments. 
 (f) With respect to any reimbursement of future expenses of, or
any provision of in-kind benefits to, Hastings, as specified under this agreement, such reimbursement of expenses or provision of in-kind benefits shall be subject to the following conditions: (i) the expenses eligible for reimbursement or the
amount of in-kind benefits provided in one taxable year shall not affect the expenses eligible for reimbursement or the amount of in-kind benefits provided in any other taxable year, except for any medical reimbursement arrangement providing for the
reimbursement of expenses referred to in Code section 105(b); (ii) the reimbursement of an eligible expense shall be made no later than the end of the year after the year in which such expense was incurred; and (iii) the right to
reimbursement or in-kind benefits shall not be subject to liquidation or exchange for another benefit. Any tax gross-up payment shall be made by no later than the end of the calendar year following the year in which Hastings remits the taxes. 

(g) “Termination of employment,” “resignation,” or words of similar import, as used in this agreement means, for purposes
of any payments under this agreement that are payments of deferred compensation subject to Code section 409A, Hastings’ “separation from service” as defined in that section. 

(h) If a payment obligation under this agreement arises on account of Hastings’ separation from service while Hastings is a
“specified employee” (as defined under Code section 409A and determined in good faith by the Unilife), any payment of “deferred compensation” (as defined under Treasury regulation section 1.409A-1(b)(1), after giving effect to
the exemptions in Treasury regulation sections 1.409A-1(b)(3) through (b)(12)) that is scheduled to be paid within six (6) months after such separation from service shall accrue without interest and shall be paid within 15 days after the end of
the six-month period beginning on the date of such separation from service or, if earlier, within 15 days after the appointment of the personal representative or executor of Hastings’ estate following his death. 

(i) To the extent that under the terms of the agreement the execution of a general release of claims is a condition to Hastings receiving
severance or other benefits under the agreement, the Company will provide Hastings with the form of release agreement within seven days after Hastings’ separation from service. To be entitled to the severance or other benefits, Hastings must
execute and deliver to the Company the release agreement on or before the last day of the minimum required waiver consideration period provided under the Age Discrimination in Employment Act or other applicable law or such other date as may be
specified in the release agreement. If Hastings timely delivers an executed release agreement to the Company, and Hastings does not revoke the release agreement during the minimum revocation period required under applicable law, if any, the
severance or other benefits shall be paid or commence being paid, as applicable, on or after the date on which the release agreement becomes effective as specified in the agreement. If, however, the period during which Hastings has discretion to
execute or revoke the release agreement straddles two calendar years, no such payment shall be made or benefit provided earlier than the first day of the second such calendar year, regardless of within which calendar year Hastings actually delivers
the executed release agreement to the Company. Consistent with Section 409A, Hastings may not, directly or indirectly, designate the calendar year of payment. 

  
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 16. Excise Tax on Parachute Payments. Hastings shall bear all expense of, and be solely responsible for,
all federal, state, local or foreign taxes due with respect to any payment received hereunder, including, without limitation, any excise tax imposed by Code section 4999. Notwithstanding the foregoing, if any payment or distribution by Unilife to or
for the benefit of Hastings, whether paid or payable or distributed or distributable pursuant to the terms of this Agreement or otherwise pursuant to or by reason of any other agreement, policy, plan, program or arrangement or the lapse or
termination of any restriction on or the vesting or exercisability of any payment or benefit, would be subject to the excise tax imposed by Section 4999 of the Code (or any successor provision thereto) or to any similar tax imposed by state or
local law (such tax or taxes are hereafter collectively referred to as the “Excise Tax”), then the aggregate amount of such payments and benefits (each such payment or benefit, a “Payment”) payable to Hastings shall be
reduced to the aggregate amount of Payments that may be made to Hastings without incurring an Excise Tax in accordance with the immediately following sentence; provided that such reduction shall only be imposed if the net after-tax benefit of
the Payments retained by Hastings (after giving effect to such reduction) is equal to or greater than the net after-tax benefit (after giving effect to the Excise Tax) of the Payments to Hastings without any such reduction. If the Firm (as defined
below) determines that a reduction is required by this Section 16, then such reduction shall be made in the following order: (i) first, any future cash payments (if any) shall be reduced (if necessary, to zero); (ii) second, any
current cash payments shall be reduced (if necessary, to zero); (iii) third, all non-cash payments (other than equity or equity derivative related payments) shall be reduced (if necessary, to zero); and (iv) fourth, all equity or equity
derivative payments shall be reduced. 
 For purposes of this Section 16, “net after-tax benefit” shall mean (i) the
total of all Payments which Hastings receives or is then entitled to receive from Unilife, less (ii) the amount of all federal, state, local and foreign income taxes payable with respect to such Payment calculated at the maximum marginal income
tax rate for each year in which the foregoing shall be paid to Hastings (based on the rate in effect for such year as set forth in the Code or other applicable tax law as in effect at the time of the first payment of the foregoing), less
(iii) the amount of the applicable Excise Tax, if any, imposed with respect to the Payment. 
 The foregoing determination shall be
made by a nationally recognized human resources consulting or accounting firm (the “Firm”) selected by Unilife and reasonably acceptable to Hastings (which may be, but will not be required to be, Unilife’s independent auditors). The
Firm shall submit its determination and detailed supporting calculations to both Hastings and Unilife within fifteen (15) days after receipt of a notice from either Unilife or Hastings that Hastings may receive Payments If the Firm determines
that none of the Total Payments, after taking into account any reduction required by this Section 16, constitutes a “parachute payment” within the meaning of Code section 280G, it will, at the same time as it makes such
determination, furnish Hastings and Unilife an opinion that Hastings has substantial authority not to report any excise tax under Code section 4999 on his federal income tax return. 

Hastings and Unilife shall each provide the Firm access to and copies of any books, records, and documents in the possession of Hastings or
Unilife, as the case may be, reasonably requested by the Firm, and otherwise cooperate with the Firm in connection with the preparation and issuance of the determinations and calculations contemplated by this Section 16. The fees and expenses
of the Firm for its services in connection with the determinations and calculations contemplated by this Section 16 shall be borne by Unilife. 

  
 Page 12 of 13 

 17. Counterparts. This agreement may be executed on separate counterparts, each of which is deemed to be
an original and all of which taken together constitute one and the same agreement. 
 18. Interpretation. The captions and headings of this agreement
are not part of the provisions hereof and shall have no force or effect. 
 19. Notices. Any notices, requests, demands and other communications
provided for by this agreement shall be sufficient if in writing and if hand delivered, sent by overnight courier, or sent by registered or certified mail to Hastings at the last address he has filed in writing with Unilife or, in the case of
Unilife, to Unilife’s CEO at Unilife’s principal executive offices. 
 20. Governing Law. The terms of this agreement shall be governed by
and construed in accordance with the laws of the Commonwealth of Pennsylvania without giving effect to provisions thereof regarding conflict of laws. 
 21.
Representations and Warranties. Hastings represents and warrants to Unilife that he is not bound by any restrictive covenants and has no prior or other obligations or commitments of any kind that would in any way prevent, restrict, hinder or
interfere with Hastings’ acceptance of employment or the performance of all duties and services hereunder to the fullest extent of Hastings’ ability and knowledge, except for the duty of confidentiality owed to former employers. If
Hastings has misrepresented the representation and warranty provided herein, then Hastings would be liable to Unilife for all damages incurred as a consequence thereof, including attorney’s fees and costs of court. 

IN WITNESS WHEREOF, and wishing to be legally bound, the parties have executed this agreement as of the date first above written. 

 

									
	UNILIFE CORPORATION:	 		 	David C. Hastings:
				
	By:	 	 /s/ Alan D. Shortall
	 		 	 /s/ David C. Hastings

		 	Alan D. Shortall	 		 	
		 	Chief Executive Officer	 		 	

  
 Page 13 of 13EX-10.2

 Exhibit 10.2 
  

 
 January 5, 2015 
 David
C. Hastings 
 Re: Offer of Employment-Senior Vice President and Chief Financial Officer 

Dear Dave: 
 We are pleased to offer you employment as Senior
Vice President and Chief Financial Officer for Unilife Corporation and Unilife Medical Solutions, Inc. This is an exciting time to join Unilife. We have commercialized a game-changing prefilled syringe with integrated safety and have expanded
our portfolio of drug delivery products to provide innovative solutions to our customers. You will be an important part of our plans for rapid and sustained growth. I have every confidence that you will be successful in contributing to the growth of
Unilife. 
 Your employment will begin on February 23, 2015, or as soon as you are available . Your annual base salary as an exempt employee
will be $380,000. You will be eligible to participate in Unilife’s incentive bonus plan. For the 2015 calendar year, the target cash bonus amount will be fifty percent (50%) of your annual base salary . This bonus is
discretionary and subject to achievement of your goals and objectives. Bonuses will be paid annually after the calendar year in which they are earned. 
 In
addition, you will receive a grant of 300,000 shares of restricted stock, vesting over three years as follows: 75,000 shares on or before December 5, 2015; another 75,000 shares on or before December 5, 2016; and another 150,000
shares on or before December 5, 2017. This equity grant is subject to the approval of the Compensation Committee of the Board of Directors, continued employment with Unilife and the terms of our Stock Incentive Plan. 

Unilife pays 90% of the premium for employees’ health benefits and 80% of the premium for health benefits for spouses, domestic partners and dependent
children. New hires are eligible for coverage the first of the month following the month of hire. Please contact Human Resources if you need assistance with benefits continuation for the month of February. 

 

	•	 	Retirement Benefits: Our 401(k) plan is administered by MassMutual. You may enroll upon hire and through quarterly open enrollments. Unilife will match your contributions of up to 6% of base salary, at 50%.
Unilife also makes a discretionary contribution of up to 5% of base salary to employees’ 401(k) accounts, based on Company performance. 

  

	•	 	Medical Benefits: Our medical and prescription drug plan is administered through Highmark Blue Shield and provides national coverage through the Blue Cross/Blue Shield network. 

 

	•	 	Dental Benefits: Our dental plan is administered through Delta Dental and provides coverage through their PPO and Premier networks. 

  
 Unilife Medical
Solutions, Inc. 
 250 Cross Farm Lane, York, PA 17406    T + I 717 384 3400    F + 717 384
3402    E info@unilife.com    W www.unilife.com 

 

 
  

	•	 	Vision Benefits: Our vision plan is administered through Highmark Blue Shield and provides coverage through the Davis Vision network. 

 

	•	 	Flexible Spending Account (FSA): Our FSA plan is administered by TASC; employees may use the FSA to pay for eligible health and dependent care expenses with pre-tax dollars. 

 

	•	 	Group Term Life Insurance Benefits (GTLI): Our GTLI insurance is administered by Principal Financial; Unilife pays 100% of the premium for GTLI at 3X annual salary (up to $500,000); employees may purchase
supplemental life insurance, as well as coverage for spouses and domestic partners and dependent children. 

  

	•	 	Accidental Death and Dismemberment Insurance Benefits (AD&D): Our matching AD&D insurance is administered by Principal Financial and is included in Unilife-paid GTLI, as well as in employee-purchased
insurance. 

  

	•	 	Short-Term Disability Benefits (STD): Unilife provides up to 26 weeks of salaried continuance at 100% of base salary. 

  

	•	 	Long Term Disability Benefits (LTD): Our LTD plan is administered by Principal Financial; Unilife pays 100% of the premium for LTD insurance, which pays 60% of base annual salary, up to $6,000/month.

  

	•	 	Paid Holidays: Unilife provides paid holidays according to an annual holiday schedule. 

  

	•	 	Vacation: You will receive a target of four weeks of vacation per year. 

  

	•	 	Fitness Center: Unilife has a free, on-site fitness center at our York headquarters available to all employees, which is furnished with new, state-of-the art equipment. 

All Unilife employees are required to read and sign a standard Confidentiality, Non-Compete and IP Assignment Agreement, insider trading policy and code of
business conduct and ethics certifications. Your employment is subject to work authorization in accordance with U.S. law and the completion of a background and E-Verify check. Please bring the required identification documents to establish your
ability to work in the United States on your first day of work. We are relying on your representation that you are not subject to any non-compete agreements or other obligations that would prevent you from working for Unilife and representing
Unilife in negotiations with customers and suppliers. 
 John Ryan, our General Counsel, will be in contact to prepare an executive employment agreement for
you. am pleased that you are interested in joining our Executive Team at Unilife, and I look forward to your continued success and development as an important member of our team. 

 

	
	Welcome aboard!
	
	/s/ Alan Shortall
	
	Alan Shortall
	Chairman and CEO

 I accept this offer and will start on February 23, 2015 

 

	
	 /s/ David Hastings

	Counter-signed on January 9, 2015

  
 Unilife Medical
Solutions, Inc. 
 250 Cross Farm Lane, York, PA 17406    T + I 717 384 3400    F + 717 384
3402    E info@unilife.com    W www.unilife.com

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