UROPLASTY, INC. AND SUBSIDIARIES
Employment Agreement between Uroplasty, Inc. and Susan H. Holman dated December 7, 1999
This/her Employment Agreement (the "Agreement") is made and entered into effective the 7th day of December,
1999, between Uroplasty, Inc., a Minnesota corporation, located at 2718 Summer Street N.E., Minneapolis,
Minnesota, 55413 (hereinafter referred to as the "Company") and Susan H. Holman, who resides at 15512
Boulder Point Road, Eden Prairie, Minnesota 55347 (hereinafter referred to as "Employee").
1. EMPLOYMENT. The Company hereby employs Employee Vice President of Operations and Regulatory
Affairs of the Company and Employee accepts such employment and agrees to serve the Company with
undivided loyalty and to the best of his/her ability promote the interests and business of the Company and to
devote his/her full business time, energy and skill to such employment.
2. DUTIES AND POWERS.
(a) Employee shall report to the President and Chief Executive Officer of the Company.
(b) Employee shall perform such duties as a Vice President of Operations and Regulatory Affairs would
customarily perform and such other duties as may be assigned to him/her from time to time by the President and
Chief Executive Officer.
3. TERM. The term of this Agreement shall commence on December 7, 1999, and shall continue indefinitely, until
such time, if any, that this Agreement is terminated pursuant to Section 9 herein.
4. BASE SALARY. The Company shall pay to Employee a base salary of One Hundred Twenty One Thousand
Dollars ($121,000.00) per year, which shall be paid in installments payable at least twice per month, and such
amount shall be adjusted at least on an annual basis pursuant to the mutual agreement of the Company and
5. FRINGE BENEFITS. During the term of Employee's employment with the Company, the Company shall
provide to Employee the right to participate in all fringe benefits and perquisite and benefits