Biota Pharmaceuticals Inc. – Change of Control Severance Agreement Effective as of May 3, 2004 (March 10th, 2005)
The Board of Directors of Nabi Biopharmaceuticals (the Corporation) and the Compensation Committee (the Committee) of the Board have determined that it is in the best interests of the Corporation and its shareholders for the Corporation to agree, as provided herein, to pay you termination compensation in the event you should leave the employ of the Corporation under the circumstances described below.
Biota Pharmaceuticals Inc. – NABI BIOPHARMACEUTICALS 5800 PARK OF COMMERCE BOULEVARD, N.W. BOCA RATON, FLORIDA 33487 Effective as of May 3, 2004 (March 10th, 2005)
You have agreed to serve as Senior Vice President Administration/Chief Administrative Officer (CAO) for Nabi Biopharmaceuticals (Nabi) which term for purposes of this Agreement shall include affiliates of Nabi Biopharmaceuticals. The following are the terms of such employment: