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Exhibit 10.8
EMPLOYMENT AGREEMENT
This Employment Agreement (the "Agreement") is entered into as of the 30th day of September, 1998, by and between
Myriad Genetics, Inc. ("Myriad") and its wholly owned subsidiary, Myriad Pharmaceuticals, Inc. ("Pharmaceuticals") and
Adrian Norman Hobden, Ph.D. (The "Executive").
In consideration of the mutual promises contained herein, the parties hereto agree as follows:
1. Employment. Subject to the terms and conditions of this Agreement, Myriad hereby employs Executive on an at-will
basis as President of Pharmaceuticals, member of the Board of Directors of Pharmaceuticals, and member of the Executive
Officers Committee of Myriad, and Executive hereby accepts such employment beginning October 12, 1998 (the
"Commencement Date").
2. Duties of Employment. As the President of Pharmaceuticals, Executive shall at all times faithfully, industriously, and
to the best of his ability, experience, and talents, perform such duties as are customary and as may be required by such position,
or as are assigned to Executive by the President of Myriad or the Board of Directors of Pharmaceuticals from time to time and
which are consistent with the duties of such position. In his capacity as President of Pharmaceuticals all employees of
Pharmaceuticals shall report to Executive. Executive shall devote his entire business time, ability and attention to the business
of Myriad and Pharmaceuticals during the term of this Agreement. Notwithstanding the foregoing, Executive shall not directly
or indirectly render any services to other persons or entities of a business, commercial or professional nature which will in any
way interfere with the duties of Executive under this Agreement without the prior written approval of the Board of Directors of
Myriad, which approval shall not be unreasonably withheld. The Executive's services shall be performed primarily at