SEC Contract Filing

Filing Date: 2022-04-28

Document Content:
<DOCUMENT>
<TYPE>EX-10.4
<SEQUENCE>5
<FILENAME>bax-20220331xex104.htm
<DESCRIPTION>EX-10.4
<TEXT>
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<title>Document</title></head><body><div id="id757629646434207a722eb6d721dc502_1"></div><div style="min-height:72.72pt;width:100%"><div style="text-align:right"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:11pt;font-weight:400;line-height:100%">Exhibit 10.4 </font></div></div><div style="padding-left:413.85pt"><img alt="image_0a.jpg" src="image_0a.jpg" style="height:31px;margin-bottom:5pt;vertical-align:text-bottom;width:169px"></div><div style="margin-top:1.9pt;padding-left:72pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:100%">PRIVATE &#38; CONFIDENTIAL</font></div><div><font><br></font></div><div style="margin-top:0.05pt"><font><br></font></div><div style="padding-left:72pt;padding-right:423.85pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Andrew Frye </font></div><div style="margin-top:0.55pt"><font><br></font></div><div style="padding-left:72pt;padding-right:461.85pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:400%">10 June 2019 Dear Andrew,</font></div><div style="margin-top:0.55pt"><font><br></font></div><div style="padding-left:72pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Employment Agreement</font></div><div style="margin-top:0.05pt"><font><br></font></div><div style="padding-left:72pt;padding-right:63.9pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">With reference to the recent discussion, Baxter Healthcare (Asia) Pte Ltd (the &#8220;</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Company</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8221;), is pleased to offer you employment under this Employment Agreement (&#8220;</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Agreement</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8221;) and as follows&#58;</font></div><div><font><br></font></div><div><font><br></font></div><div style="padding-left:90pt;text-indent:-18.05pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:100%">1.</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:100%;padding-left:9.72pt">Conditions to Offer&#58;</font></div><div><font><br></font></div><div style="margin-top:0.05pt;padding-left:90pt;text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">This offer is contingent upon&#58;</font></div><div style="margin-top:0.45pt"><font><br></font></div><div style="margin-top:0.05pt;padding-left:101.75pt;text-indent:-11.8pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">a)</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%;padding-left:2.91pt">your securing a valid work pass for employment in Singapore&#59; and</font></div><div style="padding-left:101.75pt;text-indent:-11.8pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">b)</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%;padding-left:2.91pt">your resignation from your employment with Baxter Healthcare (Thailand) Co., Ltd.</font></div><div><font><br></font></div><div style="margin-top:0.05pt"><font><br></font></div><div style="padding-left:90pt;text-indent:-18.05pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2.</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:100%;padding-left:9.72pt">Position and Report</font></div><div style="margin-top:0.5pt"><font><br></font></div><div style="margin-top:0.05pt;padding-left:90pt;padding-right:71.9pt;text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Your job title is </font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:100%">SVP &#38; President, APAC. </font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">During the term of your employment, the Company may assign you to different roles or position within the organization upon consultation with you.</font></div><div style="margin-top:0.05pt"><font><br></font></div><div style="padding-left:90pt;text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">You will continue to report to </font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Jose Almeida, Chairman, CEO &#38; President</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">.</font></div><div><font><br></font></div><div style="margin-top:0.05pt;padding-left:90pt;padding-right:71.75pt;text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Your normal place of work is at the Company's office in Singapore but this will vary from time to