SeraCare Life Sciences, Inc.
This Employment Agreement (the “Agreement”) is entered into by and between SeraCare Life Sciences, Inc.
(the “Company”) and Ronald R. Dilling (“Employee”), as of the 13th day of January, 2006 (the “Effective Date”).
I. EMPLOYMENT .
The Company hereby employs Employee and Employee hereby accepts such employment, upon the terms
and conditions hereinafter set forth, from the Effective Date, to and including the first anniversary of the Effective
Date (the “Initial Term”). This Agreement is subject to renewal only as set forth in Section VI below.
II. DUTIES .
A. Employee shall serve during the course of his employment as Vice President, Cell Culture and Bulk
Processing of the Company, and shall have such other duties and responsibilities as the Chief Operating Officer
and/or President of the Company shall reasonably determine from time to time consistent with such position.
B. Employee agrees to devote substantially all of his time, energy and ability to the business of the Company.
Nothing herein shall prevent Employee, upon approval of the Chief Operating Officer and/or President of the
Company (which approval will not be unreasonably withheld), from serving as a director or trustee of other
corporations or businesses which are not in competition with the business of the Company or in competition with
any present or future affiliate of the Company. Nothing herein shall prevent Employee from investing in real estate
for his own account or from becoming a partner or a stockholder in any corporation, partnership or other venture
not in competition with the business of the Company or in competition with any present or future affiliate of the
C. For the term of this Agreement, Employee shall report to the Chief Operating Officer of the Company or
III. COMPENSATION .
A. The Company will pay to Employee a base salary at the rate of $3,557.69 per week ($185,000 per ye