Amendment to Employment Agreement Between CuraGen Corporation and David M. Wurzer (2006)
This document is an amendment to the employment agreement between CuraGen Corporation and David M. Wurzer, the company's Executive Vice President and Chief Financial Officer. Effective January 25, 2006, Mr. Wurzer's base salary is increased to $300,000 per year, paid bi-weekly, as approved by the Board's Compensation Committee. All other terms of the original 2002 agreement and its 2003 addendum remain unchanged unless specifically modified.
Exhibit 10.2
Confidential
Interoffice Memorandum
To: | Personnel File | |
From: | David M. Wurzer, EVP & Chief Financial Officer | |
Date: | January 25, 2006 | |
Re: | Amendment to Employment Agreement dated April 1, 2002 |
I, David M. Wurzer, (the Executive) signed an Employment Agreement (the Agreement) with my employer, CuraGen Corporation (the Company), on or about April 1, 2002, and subsequently signed an Addendum to the Agreement on October 31, 2003. Exhibit A, Item 1) of the original Agreement provides that the Executives initial base salary shall be subject to increases by the Board of Directors, which shall review the salary periodically. Therefore, pursuant to the minutes of the January 25, 2006, Meeting of the Compensation Committee of the Board of Directors, the Executives 2006 base salary will be adjusted to $300,000 per year, payable in bi-weekly installments.
Unless explicitly changed in the Addendum dated October 31, 2003, all other terms of the original Agreement shall remain in full force and effect.
David M. Wurzer |
Patrick J. Zenner |