Form of Letter Agreement for the Following Executives: Richard Cimino, William Klitgaard, James Lovett, Deborah Tanner and John Watson February 21, 2012 Name / Address Re: Employment Letter Agreement (The Agreement) Dear [Name]: Position as [Job Title], You Will Report Directly to the Chief Executive Officer of Covance Inc. (Covance or the Company). Term (February 24th, 2012)
This Agreement shall commence as of February 21, 2012 and unless earlier terminated shall continue until the third anniversary of such date (the Expiration Date). Except as provided below or unless earlier terminated, your employment under this Agreement shall automatically be extended for successive three-year periods commencing on the Expiration Date and each three year anniversary thereof unless you are notified in writing by the Chief Executive Officer of Covance at least 13 months prior to the date on which your employment under this Agreement is next scheduled to expire that this Agreement will not be extended. In the event you cease to be a member of the Executive Committee (or any successor committee), regardless of the reason for such cessation, and regardless of whether you are still employed by Covance or a subsidiary thereof, your employment under this Agreement will terminate at the end of the then current three-year term (as extended by any renewal term if applicable).
Re: Employment Letter Agreement (The Agreement) (December 16th, 2008)
As a result of the passage of Section 409A of the Internal Revenue Code (the Code), Covance Inc. (Covance or the Company) is required to amend and restate your employment letter agreement. Accordingly, this Agreement completely supersedes and replaces any prior versions.
Re: Employment Letter Agreement (The Agreement) (December 23rd, 2004)
It is my pleasure to formally confirm your promotion to the office of Corporate Senior Vice President and President, Clinical Development, Periapproval and Central Diagnostic Services of Covance Inc. (Covance) on the terms and conditions of this Agreement.
COVANCE INC. RESTRICTED STOCK AGREEMENT 2002 Employee Equity Participation Plan (2004 Award) (December 23rd, 2004)
RESTRICTED STOCK AGREEMENT dated as of December 17, 2004 (the Agreement) between COVANCE INC., a Delaware corporation (Company), located at 210 Carnegie Center, Princeton, New Jersey 08540, and Richard F. Cimino (the Employee).