SEC Contract Filing

Filing Date: 2019-02-26

Document Content:
<DOCUMENT>
<TYPE>EX-10.35
<SEQUENCE>6
<FILENAME>ex1035-1231201810k.htm
<DESCRIPTION>EXHIBIT 10.35
<TEXT>
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<div><a name="s002ee7ba07f949e0b4738f81eb4f871b"></a></div><div><div style="line-height:120%;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;"><br></font></div></div><div><br></div><div style="line-height:120%;text-align:right;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">Exhibit 10.35</font></div><div style="line-height:120%;text-align:right;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;"><br></font></div><div style="line-height:120%;padding-bottom:32px;text-align:center;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;font-weight:bold;text-decoration:underline;">EMPLOYMENT AGREEMENT</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;font-weight:bold;">THIS EMPLOYMENT AGREEMENT</font><font style="font-family:Arial;font-size:10pt;">&#32;is effective as of the last date signed by the parties hereto (the &#8220;Effective Date&#8221;) and is entered into by and between </font><font style="font-family:Arial;font-size:10pt;font-weight:bold;">Retrophin</font><font style="font-family:Arial;font-size:10pt;">,</font><font style="font-family:Arial;font-size:10pt;font-weight:bold;">&#32;Inc</font><font style="font-family:Arial;font-size:10pt;">., a Delaware corporation (hereinafter the &#8220;Company&#8221;), and </font><font style="font-family:Arial;font-size:10pt;font-weight:bold;">Noah Rosenberg, M.D. </font><font style="font-family:Arial;font-size:10pt;">(hereinafter &#8220;Executive&#8221;). </font></div><div style="line-height:120%;padding-bottom:16px;text-align:center;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;font-weight:bold;text-decoration:underline;">R E C I T A L S</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;font-weight:bold;">WHEREAS</font><font style="font-family:Arial;font-size:10pt;">, The Company and Executive wish to set forth in this Agreement the terms and conditions under which Executive will be employed by the Company on and after the Effective Date hereof;</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;font-weight:bold;">NOW, THEREFORE</font><font style="font-family:Arial;font-size:10pt;">, the Company and Executive, in consideration of the mutual promises set forth herein, agree as follows:</font></div><div style="line-height:120%;padding-bottom:16px;text-align:center;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;font-weight:bold;">Article 1</font></div><div style="line-height:120%;padding-bottom:16px;text-align:center;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;font-weight:bold;text-decoration:underline;">NATURE OF EMPLOYMENT</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;font-weight:bold;">1.1</font><font style="font-family:Arial;font-size:10pt;">&#160;&#160;&#160;&#160;</font><font style="font-family:Arial;font-size:10pt;font-weight:bold;text-decoration:underline;">Effect of Agreement</font><font style="font-family:Arial;font-size:10pt;font-weight:bold;">.</font><font style="font-family:Arial;font-size:10pt;">&#32;&#32;This Agreement shall govern the terms of Executive&#8217;s employment with the Company on and after the Effective Date until it is terminated by either the Company or Executive pursuant to the terms set forth in Article 6. Executive shall report directly to the Chief Executive Officer of the Company (the &#8220;CEO&#8221;).</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;font-weight:bold;">1.2</font><font style="font-family:Arial;font-size:10pt;">&#160;&#160;&#160;&#160;</font><font style="font-family:Arial;font-size:10pt;font-weight:bold;text-decoration:underline;">At-Will Employment</font><font style="font-family:Arial;font-size:10pt;font-weight:bold;">.</font><font style="font-family:Arial;font-size:10pt;">&#32;Executive shall continue to be employed on an at-will basis by the Company and therefore either Executive or the Company may terminate the employment relationship and this Agreement at any time, with or without Cause (as defined herein) and with or without advance notice, subject to the provisions of Article 6.</font></div><div style="line-height:120%;padding-bottom:16px;text-align:center;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;font-weight:bold;">Article 2</font></div><div style="line-height:120%;padding-bottom:16px;text-align:center;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;font-weight:bold;text-decoration:underline;">EMPLOYMENT DUTIES</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;font-weight:bold;">2.1</font><font style="font-family:Arial;font-size:10pt;">&#160;&#160;&#160;&#160;</font><font style="font-family:Arial;font-size:10pt;font-weight:bold;text-decoration:underline;">Title/Respons