ImmunoGen, Inc. – April 1, 2016 (August 25th, 2016)
I am delighted to offer you the full-time position of President and Chief Executive Officer at ImmunoGen, Inc. ("ImmunoGen" or the "Company"). Upon commencement of your employment, which shall be no later than May 16, 2016, you will initially be paid at a bi-weekly rate of $25,000 which annualized equals $650,000 per year, less applicable federal, state and/or local payroll and withholding taxes. In addition to your annual base salary, subject to the terms of this letter, ImmunoGen will pay you a sign-on bonus in the amount of $430,000 (the "Sign-On Bonus"), which will be paid to you in conjunction with your first salary payment following your date of hire.
ImmunoGen, Inc. – Change in Control Severance Agreement (August 25th, 2016)
This Agreement is entered into as of the 16th day of May, 2016 (the "Effective Date") by and between ImmunoGen, Inc., a Massachusetts corporation (the "Company"), and Mark Enyedy (the "Executive").