Attached files
file | filename |
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8-K - Talon Therapeutics, Inc. | v207981_8k.htm |
EXHIBIT
10.1
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7000
Shoreline Court, Suite 370
South
San Francisco, CA 94080
Main:
(650) 588-6404
Fax:
(650) 588-2787
URL: www.talontx.com
|
December
22, 2010
Steven R.
Deitcher, M.D.
[ADDRESS]
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Re:
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Extension
of Employment Agreement
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Dear
Steven:
Reference is made to the Employment
Agreement dated June 6, 2008 (the “Agreement”) between you and Talon
Therapeutics, Inc. (f/k/a Hana Biosciences, Inc.) (the “Company”). As
you know, the Initial Term (as defined in the Agreement) of the Agreement
expires December 31, 2010. On behalf of the Company, this shall
confirm our mutual agreement to renew the Agreement for one Additional Term (as
defined in the Agreement) which shall expire on December 31, 2011.
In addition, this shall also confirm
that the Company will increase certain of the benefits currently afforded to
you. Specifically, the Company will increase your term life insurance
to $1 million and will increase your long-term disability insurance to provide a
monthly benefit equal to 60% of your monthly salary.
Please acknowledge your agreement to
the foregoing by countersigning in the space indicated below and returning a
fully-signed copy of this letter to me.
Very
truly yours,
|
||
/s/ Leon E. Rosenberg | ||
Leon
E. Rosenberg, M.D.
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||
Chairman
of the Board
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Acknowledged
and agreed to
this 6th
day of January, 2011:
/s/ Steven R.
Deitcher
Steven R.
Deitcher, M.D.