MYRIAD GENETICS, INC.
THIS AGREEMENT is made and entered into by and between Myriad Genetics, Inc., its wholly-owned subsidiaries,
Myriad Genetic Laboratories, Inc. and Myriad Pharmaceuticals, Inc. (hereinafter collectively referred to as the “Company”),
and Richard M. Marsh (hereinafter referred to as “Employee”).
In consideration of the undersigned’s employment, compensation, and other valuable consideration and mutual
covenants contained herein, the parties agree as follows:
1. At Will Employment . Company employs Employee on an at-will basis, which means that either Employee or the
Company can terminate the employment relationship at any time for any reason, with or without notice or cause. Employee’s
employment with the Company is not for any particular period of time. No manager or supervisor of the Company has authority
to modify or alter the Company’s at-will employment relationship with Employee, and any statements or promises contrary to at-
will employment may not be relied upon by Employee. Employee’s at-will employment with the Company may not be modified or
changed in any way, except through a new written employment agreement signed by the President and CEO of the Company
2. Compensation . In consideration for the obligations entered into by Employee, the Company initially shall pay Employee
in full for Employee’s services hereunder at the rate of $ 190,000 per year/hour, commencing on the 5th day of November, 2002.
3. Duties . Employee shall at all times faithfully, industriously, and to the best of his/her ability, experience, and talents,
perform all of the duties that may be required of him/her pursuant to the express and implicit terms hereof, to the reasonable
satisfaction of the Company. Employee shall not, directly or indirectly, in any manner or in any capacity, engage in an outside
business endeavor of any kind without the Company’s express written approval, signed by an officer of the Company.
4. Inventions or Im