ADDENDUM TO THE
PERRIGO COMPANY AND
AGIS INDUSTRIES (1983) LTD.
This ADDENDUM, dated as of July 16, 2007, to the Employment Agreement dated as of November 14, 2004, is between
Perrigo Company (the “Company”), and Sharon Kochan (the “Executive”).
The Executive, the Company and Agis Industries (a former subsidiary of the Company which is no longer in existence)
previously entered into an Employment Agreement dated as of November 14, 2004 (the “Employment Agreement”) that sets
forth the terms and conditions of Executive’s employment with the Company.
The Company desires to promote the Executive to the position of Executive Vice President – US Generics, effective as of
March 20, 2007 (the “Effective Date”), under the terms set forth in this Addendum.
In conjunction with the promotion, the Executive has agreed to transfer his employment to the United States from his
current location in Israel to work in the Company’s New York offices at which time he shall become an employee on the
Company’s U.S. payroll.
This Addendum amends the Employment Agreement to set forth the agreement between the Executive and the Company
regarding his new position as Executive Vice President – US Generics, the compensation and benefits that the Executive shall
receive from the Company pursuant to his new position, and the benefits the Executive shall receive from the Company during
the two-year period the Executive is employed by the Company in the United States under the Company’s International
Assignment Policy. The period beginning on August 8, 2007 and ending on August 8, 2009 is referred to as the “International
NOW THEREFORE, the Company and the Executive hereby agree that the terms and conditions set forth below shall apply
with respect to the Executive’s employment position with the Company.
To the extent that there are inconsistencies between this Addendum and the Employment Agreement, the provisions of