0000936392-06-000878 Sample Contracts

SEVERANCE AGREEMENT AND RELEASE OF ALL CLAIMS
Severance Agreement and Release • September 8th, 2006 • Adventrx Pharmaceuticals Inc • Pharmaceutical preparations • California

This Severance Agreement and Release of All Claims (this “Agreement”), effective as of September 7, 2006 (the “Effective Date”), is made and entered into by and between Carrie Carlander (“Employee”) and ADVENTRX Pharmaceuticals, Inc., a Delaware corporation (the “Company”).

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September 7, 2006 James Merritt, M.D. 5285 Toscana Way, Apt. 8311 San Diego, California 92122 Dear James:
Stock Option Agreement • September 8th, 2006 • Adventrx Pharmaceuticals Inc • Pharmaceutical preparations • California

ADVENTRX Pharmaceuticals, Inc. is pleased to offer you full-time employment on the terms and conditions stated in this letter agreement. We would employ you as President and Chief Medical Officer reporting to Evan Levine, Chief Executive Officer. Your responsibilities would include the following:

ADVENTRX PHARMACEUTICALS, INC. CONSULTING AGREEMENT
Consulting Agreement • September 8th, 2006 • Adventrx Pharmaceuticals Inc • Pharmaceutical preparations • California

This Consulting Agreement (this “Agreement”) is entered into effective as of September 7, 2006 (the “Effective Date”) by and between ADVENTRX Pharmaceuticals, Inc., a Delaware corporation (the “Company”), and Carrie Carlander, an individual resident of the State of California (“Consultant”).

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