HARVARD BIOSCIENCE, INC.
This EXECUTIVE EMPLOYMENT AGREEMENT ("Agreement") is made as of the 6th day of December,
2000, between Harvard Bioscience, Inc., a Delaware corporation (the "Company"), and David Green
("Executive"). For purposes of this Agreement the "Company" shall refer to the Company and any of its
WHEREAS, the Company desires to employ Executive and Executive desires to be employed by the Company
on the terms contained herein.
NOW, THEREFORE, in consideration of the mutual covenants and agreements herein contained and other good
and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties agree as
1. EMPLOYMENT. The term of this Agreement shall extend from December 6, 2000 (the "Commencement
Date") until the second anniversary of the Commencement Date; provided, however, that the term of this
Agreement shall automatically be extended for two additional years on each second anniversary of the
Commencement Date unless, not less than 90 days prior to each such date, either party shall have given notice to
the other that it does not wish to extend this Agreement; provided, further, that if a Change in Control occurs
during the original or extended term of this Agreement, the term of this Agreement shall, notwithstanding anything
in this sentence to the contrary, continue in effect for a period of not less than eighteen (18) months beyond the
month in which the Change in Control occurred. The term of this Agreement shall be subject to termination as
provided in Paragraph 6 and may be referred to herein as the "Period of Employment."
2. POSITION AND DUTIES. During the Period of Employment, Executive shall serve as the President and
member of the Board of Directors of the Company and shall have such powers and duties as may from time to
time be prescribed by the Board of Directors (the "Board") or the Chief Executive Officer of the Company,
provided that such duties are consistent