September 26, 2016 Joe Lasaga [Address omitted] Re: Offer and Employment Terms Dear Joe:Release Agreement • November 1st, 2016 • Rigel Pharmaceuticals Inc • Pharmaceutical preparations • California
Rigel Pharmaceuticals, Inc. (the Company) is pleased to offer you the position VP, Business Development and Alliance Management, reporting to me, Raul Rodriguez, on the following terms. Please take the next few days to carefully review the terms, and let us know if you have any questions.
SEVERANCE AGREEMENT AND GENERAL RELEASESeverance Agreement and General Release • November 1st, 2016 • Rigel Pharmaceuticals Inc • Pharmaceutical preparations • California
This Severance Agreement and General Release (hereinafter “Agreement”) is made and voluntarily entered into between Dr. Donald G. Payan (“Executive”) and Rigel Pharmaceuticals, Inc., its affiliated companies, subsidiaries, agents, attorneys, successors, assigns, and representatives (hereinafter collectively, the “Company”). The Company and Executive are collectively referred to herein as the “Parties.”
