Closure Medical – Re: Change in Control Agreement (March 8th, 2005)
As you may know, Johnson & Johnson, a New Jersey corporation (Parent), Holden Merger Sub, Inc., a Delaware corporation and wholly-owned subsidiary of Parent (Sub), and Closure Medical Corporation, a Delaware corporation (the Company), propose to enter into a merger agreement (the Merger Agreement) that will result in the Company (or the surviving corporation in the merger pursuant to the Merger Agreement (the Merger)) becoming wholly-owned by Parent. As a condition to the willingness of Parent and Sub to enter into the Merger Agreement, Parent has requested that you enter into this letter agreement setting forth certain modifications to your rights and obligations under the employment agreement dated as of [date of employment agreement] between you and the Company (the Employment Agreement). Capitalized terms used but not defined herein have the meanings given such terms under the Employment Agreement.
Closure Medical – Employment Agreement (March 15th, 2004)
THIS EMPLOYMENT AGREEMENT (the Agreement) dated December 19, 2003, is by and between Closure Medical Corporation, a Delaware corporation (the Company), and J. Michael Hoban (Employee).