[Letterhead of CN Biosciences, Inc.]
November 18, 1998
Xxxx Xxxxxxxxx
V.P. and General Manager
Oncogene Research Products
00 Xxxxxx Xxxxxx
Xxxxxxxxx, XX
Dear Xxxx:
This letter agreement shall supplement the Employment Agreement between CN
Biosciences, Inc. (the "Company") and you dated November 18, 1998 (the
"Employment Agreement").
As consideration for the promises and agreements made by you in the
Employment Agreement, and your agreement to remain in employment with the
Company through the Effective Date (as defined in the Employment Agreement),
as soon as practicable after the Effective Date, the Company will make a
lump sum payment to you, less applicable withholdings, of $50,000 if you are
still in the employ of the Company on the Effective Date.
Please sign your acceptance of this letter agreement by signing below and
returning a copy to the undersigned.
Very truly yours,
-----------------------------
Xxxxxxx X. Xxxxxxxxxxxx
Chairman and CEO
Agreed and Accepted this
18th day of November 1998
--------------------
Xxxx Xxxxxxxxx
