EX-10.2
from 8-K
2 pages
Lawrence D. Stern Chairman and CEO Talecris Biotherapeutics, Inc. 79 Tw Alexander Drive 4101 Research Commons Research Triangle Park, Nc 27709 June 3, 2010 Your Employment Agreement (“Agreement”) Dated as of September 05, 2006 and Amended and Restated as of September 5, 2008 and Again as of November 6, 2008, Between You and Talecris Biotherapeutics Holdings Corp. (The “Company”) Expires as of September 4, 2010. the Compensation Committee of the Board of Directors Has Authorized Me to Give You Notice of Renewal Pursuant to Section 2 of the Agreement to Extend the Agreement Through September 4, 2011,on the Same Terms as Contained in the Agreement, Except as Follows
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EX-10.1
from 8-K
2 pages
Lawrence D. Stern Chairman and CEO Talecris Biotherapeutics, Inc. 79 Tw Alexander Drive 4101 Research Commons Research Triangle Park, Nc 27709 June 3, 2010 Your Employment Agreement (“Agreement”) Dated as of September 14, 2005 and Amended and Restated as of October 10, 2008 Between You and Talecris Biotherapeutics Holdings Corp. (The “Company”) Expires as of October 9, 2010. the Compensation Committee of the Board of Directors Has Authorized Me to Give You Notice of Renewal Pursuant to Section 2 of the Agreement to Extend the Agreement Through October 9, 2011,on the Same Terms as Contained in the Agreement, Except as Follows: Very Truly Yours, Agreed: /S/ Lawrence Stern Lawrence Stern /S/ John M. Hanson Chairman and Chief Executive Officer John M. Hanson June 6, 2010 Date CC: Kari Heerdt, Svp Human Resources File 2
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EX-10.2
from 8-K
5 pages
1. Severance Benefits. if at Any Time: (I) Talecris Terminates Your Employment Without Cause (As Defined Below), or (II) You Resign From Your Position With Good Reason (As Defined Below), You Will Be Entitled To, Subject to the Terms of This Letter Agreement, an Amount in Cash (The “Severance Payment”) Equal to Twelve Months Current Base Salary Plus One Year’s Bonus at Target. in Addition, for Two Years Following the Date of This Agreement, You Will Be Eligible for an Additional Cash Payment as Part of Your Severance Payment Equal to Six Months Base Salary if You Become Eligible for a Severance Payment Following a “Change in Control” as Defined in the Talecris Biotherapeutics, Inc. 2009 Long Term Incentive Plan. the Severance Payment, Including Any Additional Severance Payment, Shall Be Paid to You in a Lump Sum Within Sixty (60) Days of Separation From Service. 2. Definitions. the Following Words and Phrases Have the Following Meanings When Used in This Letter Agreement
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