QLT Inc. – July 20, 2012 Confidential Without Prejudice Christopher Muller Dear Chris, (August 2nd, 2012)
This letter will confirm our verbal discussion of July 6, 2012, that in connection with the budget reductions and restructuring activities being undertaken by QLT Ophthalmics, Inc. (QLT) and its parent company, QLT Inc., your employment will terminate on July 20, 2012 (the Termination Date).
QLT Inc. – Introduction (April 16th, 2012)
A dedicated executive management team is essential to protecting and enhancing the best interests of QLT Ophthalmics, Inc. (the Company), its parent company, QLT Inc. (QLT) and the shareholders of QLT. The Company wishes to provide you with compensation and benefits arrangements which would come into effect in circumstances related to a change of control of the Companys parent company, QLT, which are competitive with those of other corporations, in order to ensure the Company receives the benefit of the full attention and dedication of the executives at all times, and notwithstanding any threatened or pending change in control of QLT.
QLT Inc. – Employment Agreement (April 16th, 2012)
This EMPLOYMENT AGREEMENT (this Agreement) is made and entered into effective as of April 13, 2012 (Effective Date) between QLT Ophthalmics, Inc. (the Company), having an office at1098 Hamilton Court, Menlo Park, CA 94025, and Christopher Muller (the Employee) (collectively referred to as the Parties).