Employment Agreement and Addendum between PAREXEL France International and Mrs. Paule Dapres (December 1997)

Summary

This agreement confirms Mrs. Paule Dapres's appointment as Senior Vice President of Research Operations Worldwide for PAREXEL France International, effective since July 1997. She is responsible for managing global clinical research operations and must travel internationally as needed. The agreement is for an unlimited term, with specific travel bonuses based on destination. If her assignment ends, she will be offered a new position with at least equivalent rank and pay. The addendum, effective January 1, 1998, formalizes these terms and the travel compensation structure.

EX-10.21 5 b36772piex10-21.txt EMPLOYMENT AGREEMENT DATED DECEMBER 15, 1997 1 Exhibit 10.21 P A R E X E L INTERNATIONAL Mr. Ashley FOX To: Mrs. Paule DAPRES PARIS, December 15, 1997 Dear Mrs. DAPRES, On behalf of PAREXEL International France and our parent company, I am pleased to confirm in writing the new position you have occupied in the group since July, 1997. Your new position is to handle the global management of clinical research operations. Your title is "Senior Vice President Research Operations Worldwide". At the end of this assignment, which is for an unlimited term except in the event of a serious or heavy fault on your part, your employer, PAREXEL France International, will assign you a new mission (rank, remuneration) which is equivalent at least to the duties entrusted to your prior to July, 1997. For the sake of the due form, I would appreciate your returning the duplicate of this letter to me, dated and signed. in hand: good for approval (signature) (signature) Ashley FOX Manager 2 ADDITIONAL CLAUSE TO EMPLOYMENT CONTRACT BETWEEN: Mrs. Paule DAPRES 96, boulevard des Batignolles 75017 PARIS AND: The PAREXEL France International Company 124-126, rue de Provence 75008 PARIS represented by its Co-Manager, Mr. Ashley FOX PREAMBLE: The PAREXEL International Group has expressed the need that Mrs. Paule DAPRES, who is employed by PAREXEL France International, take on the responsibility for the operations of clinical research, for all the group's structures. This document sets forth the terms & conditions governing this new activity. THE PARTIES HAVE AGREED AS FOLLOWS: ARTICLE 1 -- OBJECT In addition to her duties at PAREXEL France International, since June, 1997, Mrs. Paule DAPRES has had the title of Senior Vice President Research Operations Worldwide. ARTICLE 2 -- PLACE, FREQUENCY AND TERM OF HER INTERVENTION Mrs. Paule DAPRES may intervene in all the countries of the world. Mrs. Paule DAPRES accepts unconditionally the travel which is necessary for the performance of her duties. This position is granted to her for an unlimited period. ARTICLE 3 -- REMUNERATION Each time she travels, Mrs. Paule DAPRES will be granted a bonus to compensate for the constraints inherent in this new activity (time change, distant travel, duration of travel, family & social life, ...). Three levels of daily bonuses have been established, based on the territory to which she travels: - Europe FRF 1,200 - America FRF 1,900 - Asia & Australia FRF 2,400 3 ARTICLE 4 -- DATE OF EFFECT This additional clause comes into effect at January 1st, 1998. Signed in Paris, on December 19, 1997 (signature) in hand: Ashley N. Fox (signature) PAREXEL France International Mrs. Paule DAPRES Manager