Zila, Inc. – June 8, 2009 (June 9th, 2009)
On March 30, 2007, you entered into a letter agreement with Zila, Inc. (the Company) with respect to your employment (the Agreement) pursuant to which you are entitled to a payment if the Company terminates your employment in certain limited circumstances. The Company has decided to provide you with limited additional protection in the event that certain material adverse changes are made to the terms of your employment with the Company. The Company proposes to amend the Agreement as follows effective as of June 8, 2009:
Zila, Inc. – March 30, 2007 Dear Diane: (June 18th, 2007)
The purpose of this letter is set forth a new agreement between you and Zila, Inc. (the Company) with respect to your employment. Accordingly, your March 4, 2005 letter agreement is hereby revoked in its entirety and shall be of no further force or effect, and this letter agreement (the Agreement) shall be substituted in its place and stead. The effective date of this Agreement shall be January 1, 2007.
Zila, Inc. – March 4, 2005 (March 9th, 2005)
This will confirm that beginning on this date, the following terms will apply to your employment with Zila, Inc. and/or whichever one of Zila, Inc.s subsidiary or affiliated companies employs you (the company that employs you shall be termed the Company)(this Agreement):