0001168197-14-000004 Sample Contracts

EXECUTIVE EMPLOYMENT AGREEMENT
Inventions and Non-Competition Agreement • January 22nd, 2014 • Liposcience Inc • In vitro & in vivo diagnostic substances • North Carolina

This EMPLOYMENT AGREEMENT (this “Agreement”) is entered into as of January 17, 2014, (the “Effective Date”), by and between HOWARD B. DORAN, JR. (“Executive”) and LIPOSCIENCE, INC. (the “Company”). This Agreement supersedes and replaces in its entirety all prior offer letters, employment agreements and severance benefits rights agreements between the Company and Executive, if any. Contemporaneously with this Agreement, Executive has entered into a Confidentiality, Inventions and Non-Competition Agreement, attached hereto as Attachment 1 (the “Proprietary Agreement”). Together, this Agreement and the Proprietary Agreement constitute Executive’s initial employment agreements with Company.

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