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As a full-time Company employee, you will accrue paid vacation and sick leave. Vacation will accrue at a rate of 1.25 days per month, or 15 days per year.
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In addition, in consideration, in part, for your excellent work in connection with the Wakix deal over the last several months and your expected, continued excellent work with respect to a successful implementation of the Companys operations and activities over the next several months, you will be eligible to receive a special one-time bonus payable at the end of 2017 or the beginning of 2018 (provided that you remain an active employee in good standing with the Company on the date of payment) in an amount of up to $150,000 (subject to applicable tax and other withholding), as determined by the Companys Chief Executive Officer.
This offer is contingent upon successful completion of Harmonys pre-employment process.
You will devote all of your time and attention to the Company (including, but not limited to, its business, operations and success) and shall not compete with the Company in any way during your employment.
As a full-time employee of the Company, except as expressly provided for above, you are eligible to participate in the provided Harmony Biosciences, LLC Employee Benefit Plans.
This offer of employment, if not previously accepted by you, will expire ten days after the date first set forth above. This offer of employment does not represent an employment contract. Just as you retain the right to resign, with or without notice or cause, Harmony Biosciences has the same right with respect to termination of your employment. You will be an employee at will, and your employment is for no definite term, regardless of any other oral or written statement by any Harmony Biosciences officer or representative, apart from an express written employment contract signed by the CEO, President or Chief Legal Officer of the Company. Notwithstanding anything in this offer of employment to the contrary, if your actual start date does not occur on or prior to October 2, 2017 this offer of employment will be null and void in its entirety (even if previously accepted by you).
If you understand and accept these terms, please sign and return one copy of this offer letter to me. We would love to have you join Harmony Biosciences and be a part of building a great company. Should you have any questions regarding this offer, please feel free to contact me at ###-###-####.
Harmony Biosciences, LLC 1033 Skokie Boulevard, Suite 600 · Northbrook, IL 60062