![]() Except with the prior written consent of the Chief Executive Officer, Executive shall not, during the term of this Agreement, undertake or engage in any other employment, occupation or business enterprise, other than ones in which Executive is a passive investor. Subject to the prior written consent of the President and CEO, the Executive is permitted to serve on the board of directors of one other company, so long as the other company does not compete with the Company.Ģ.2 Exclusive Employment. During the Executives employment by the Company, the Executive shall devote the Executives business energies, interest, abilities and productive time to the proper and efficient performance of Executives duties under this Agreement. The Company may from time to time require the Executive to travel temporarily to other locations outside of Lake Forest, Illinois area in connection with the Companys business.Ģ.1 Loyalty. The Executive shall perform the services the Executive is required to perform pursuant to this Agreement in at the Companys U.S. In the event that the terms of this Agreement differ from or are in conflict with the Companys policies or practices or the Companys Employee Handbook, this Agreement shall control.ġ.5 Location. The employment relationship between the Parties shall be governed by this Agreement and the policies and practices established by the Company and the Board of Directors (hereinafter referred to as the Board). The Executive shall report to the President and CEO.ġ.4 Policies and Practices. The Executive shall do and perform all services, acts or things necessary or advisable to manage and conduct the business of the Company and shall have the authority and responsibilities which are generally associated with the position of Executive Vice President, Chief Business Officer, including business development, mergers and acquisitions, corporate strategy, commercial development and portfolio management. From and after the Effective Date the Executive will have the title of Executive Vice President, Chief Business Officer (such position held by Executive during such period is hereinafter referred to as EVP CBO) and Executive shall serve in such other capacity or capacities commensurate with his position as EVP CBO as the President and CEO of the Company may from time to time prescribe.ġ.3 Duties. Executives employment shall be governed under the terms set forth in this Agreement beginning on November 1, 2019 and shall continue until it is terminated pursuant to Section 4 herein (hereinafter referred to as the Term).ġ.2 Title. ![]() The Company hereby agrees to employ the Executive, and the Executive hereby accepts employment by the Company, upon the terms and conditions set forth in this Agreement. WHEREAS, Executive desires to be in the employ of the Company, and is willing to accept such employment on the terms and conditions set forth in this Agreement.ġ.1 Term. WHEREAS, the Company desires assurance of association and services of the Executive in order to retain the Executives experience, skills, abilities, background and knowledge, and is willing to engage the Executives services on the terms and conditions set forth in this Agreement and The terms of this Agreement shall be effective commencing November 1, 2019 (the Effective Date). Saunders Rd, Lake Forest IL 60045, (hereinafter referred to together as the Company) and Andrew Pasternak (hereinafter referred as to the Executive). ![]() This Executive Employment Agreement (hereinafter referred to as the Agreement), is entered into by and between Horizon Therapeutics PLC., an Irish Public Limited Company, and its wholly owned subsidiary, Horizon Pharma USA, Inc., a Delaware corporation, each having a principal place of business at 150 S. HORIZON THERPEUTIC PUBLIC PLC AND HORIZON PHARMA USA, INC.
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