0001193125-11-266768 Sample Contracts

Re: Separation and Release Agreement
Surmodics Inc • October 7th, 2011 • Pharmaceutical preparations • Minnesota

This letter confirms the arrangements regarding the termination of your employment with SurModics, Inc. (“SurModics”, or the “Company”). The purpose of this separation and release agreement (“Agreement”) is to set forth the specific separation pay and benefits that SurModics will provide you in exchange for your agreement to the terms and conditions of this Agreement.

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