Amendment to Consulting Agreement between Chiron Corporation and Dr. William J. Rutter (February 2001)

Summary

Chiron Corporation and Dr. William J. Rutter have agreed to extend Dr. Rutter's consulting agreement for an additional year, through February 24, 2002. Dr. Rutter will receive a monthly fee of $8,333.33, paid in advance, for providing advice and consultation to the Chairman and CEO on corporate and strategic matters. The amendment confirms the new term, compensation, and expanded scope of services. Dr. Rutter accepted the terms by signing the letter on February 20, 2001.

EX-10.618 10 a2039414zex-10_618.txt EXH 10.618 [CHIRON LETTERHEAD] February 14, 2001 PERSONAL AND CONFIDENTIAL Dr. William J. Rutter 111 Telegraph Hill Blvd. San Francisco, California 94133 Re: AMENDMENT OF CONSULTING AGREEMENT DATED FEBRUARY 25, 2000 --------------------------------------------------------- Dear Bill, I am pleased to confirm our discussions to extend your agreement to work with Chiron Corporation through February 24, 2002. Your fee will be $8,333.33 per month, payable to you monthly in advance, for the period commencing on February 25, 2001 and terminating on February 24, 2002. In addition, the field of the agreement is hereby amended to cover advice and consultation from time to time to the Chairman and Chief Executive Officer with respect to corporate and strategic matters. Please acknowledge your acceptance and agreement to the foregoing by signing and returning to me a copy of the enclosed letter. Yours sincerely, /s/ Sean Sean P. Lance Chairman and Chief Executive Officer AGREED THIS 20th DAY OF FEBRUARY 2001. /s/ William J. Rutter - --------------------------------------- William J. Rutter, Ph.D.