Contract (August 11th, 2005)
Exhibit 10.1 [SIGA LETTERHEAD] August 5, 2005 John Odden 67 Panorama Coto De Caza, CA 92679 Dear John: This letter agreement confirms the terms of your resignation of your employment with SIGA Technologies, Inc. For purposes of this letter agreement, "SIGA" refers to SIGA Technologies, Inc., its past and present parents, subsidiaries, affiliates and divisions, and their respective past and present officers, directors, agents, employees, successors and assigns, in both their individual and corporate capacities. 1. As of the Resignation Date (defined below), all existing employment agreements between you and SIGA, whether oral or written, and including without limitation the Employment Agreement dated as of July 29, 2004, are hereby terminated, except as expressly stated herein. Except as otherwise expressly provided herein, you agree that this letter agreement supercedes any such agreement between you and SIGA.
Contract (November 15th, 2004)
Exhibit 10.1 EMPLOYMENT AGREEMENT This Employment Agreement (the "Agreement") is entered into as of July 29, 2004, between SIGA Technologies, Inc., a Delaware corporation (the "Corporation"), and John Odden (the "Executive"). WHEREAS, the Corporation desires to employ Executive and Executive desires to accept such employment on the terms and conditions set forth herein. NOW, THEREFORE, in consideration of the foregoing premises and of the mutual agreements and covenants hereinafter set forth, the parties hereto agree to the terms and conditions of this Agreement as follows: 1. Employment for Term. The Corporation hereby employs Executive and Executive hereby accepts employment with the Corporation for the period beginning on August 23, 2004 and ending on the third anniversary thereof (the "Initial Term"), or upon the earlier termination of such term pursuant to Section 7. Unless one party provides the other party with at least