First Amendment to Employment Agreement between Nanogen, Inc. and Michael D. Moore

Summary

This amendment, effective July 28, 2000, modifies the employment agreement between Nanogen, Inc. and Michael D. Moore. The amendment removes a section related to restrictions on certain payments during a change of control event. All other terms of the original employment agreement remain unchanged. The amendment is governed by California law, and both parties acknowledge their understanding and acceptance of the changes.

EX-10.12 13 a2030141zex-10_12.txt EXHIBIT 10.12 EXHIBIT 10.12 FIRST AMENDMENT TO EMPLOYMENT AGREEMENT This First Amendment to Employment Agreement ("Amendment"), effective as of July 28, 2000, is made by and between NANOGEN, INC., a Delaware corporation (the "Company"), and MICHAEL D. MOORE (the "Executive"). RECITALS WHEREAS, the Company and Executive have entered into an Employment Agreement, dated June 15, 2000 (the "Employment Agreement"); and WHEREAS, the Company and Executive wish to amend the Employment Agreement as described herein. NOW, THEREFORE, the Company and Executive, in consideration of the Executive's continued employment with the Company, agree as follows: TERMS 1. SECTION 280G. In Article III, Section E SECTION 280G relating to restrictions on payments made pursuant to the Employment Agreement that may be considered "excess parachute payments" during Change of Control events as defined therein, shall be deleted in its entirety. 2. REMAINDER OF AGREEMENT. The other terms and conditions contained in the Employment Agreement shall remain in effect pursuant to the Employment Agreement and such terms and conditions, where applicable, shall also govern this Amendment. 3. GOVERNING LAW. This Amendment shall be construed in accordance with the laws of the State of California, notwithstanding its conflicts of law provisions. 4. EXECUTIVE ACKNOWLEDGMENT. Executive acknowledges (a) that he has consulted with or has had the opportunity to consult with independent counsel of his own choice concerning this Amendment, and has been advised to do so by the Company, and (b) that he has read and understands this Amendment, is fully aware of its legal effect, and has entered into it freely based on his own judgment. 5. COUNTERPARTS. This Amendment may be executed in one or more counterparts, all of which taken together constituted one and the same agreement. Executed by the parties as of the day and year first above written. NANOGEN, INC. By: /s/ HOWARD C. BIRNDORF ---------------------------- Howard C. Birndorf Chairman and Chief Executive Officer EXECUTIVE /s/ MICHAEL D. MOORE ------------------------------- Michael D. Moore