DEPOMED, INC. MANAGEMENT CONTINUITY AGREEMENTManagement Continuity Agreement • May 6th, 2011 • Depomed Inc • Pharmaceutical preparations • California
This Management Continuity Agreement (the “Agreement”) is dated as of April 3, 2011 by and between James A. Schoeneck (“Employee”) and Depomed, Inc., a California corporation (the “Company”). This Agreement is intended to provide Employee with certain benefits described herein upon the occurrence of specific events.
Separation Agreement and Release with Carl A. Pelzel April 1, 2011 Carl A. Pelzel [address]Separation Agreement • May 6th, 2011 • Depomed Inc • Pharmaceutical preparations • California
Your employment with the Company will terminate or has terminated on April 3, 2011 as a result of your resignation. The Company shall provide you with the right to continue group health insurance coverage after your separation from employment under the Consolidated Omnibus Budget Reconciliation Act (“COBRA”). The terms for that opportunity will be set forth in a separate written notice. The Company shall also reimburse you for any outstanding, reasonable business expenses that you have incurred on the Company’s behalf through your separation from employment, after the Company’s timely receipt of appropriate documentation pursuant to the Company’s business expense reimbursement policy.
