ANTARES PHARMA, INC.
JACK E. STOVER
THIS AGREEMENT, made and entered into effective as set forth in this Agreement by and between Antares Pharma, Inc. a
Minnesota corporation, (the “ Company ”), and Jack E. Stover (the “ Officer ”).
WHEREAS, the Company desires to employ the Officer in the capacity as set forth in this Agreement; and
WHEREAS, the Officer is willing to accept employment on the terms and conditions as set forth in this Agreement.
NOW, THEREFORE, IN CONSIDERATION of the premises and of the mutual promises and covenants contained herein,
the Company and the Officer hereby agree as follows:
1. Employment .
(a) The Company shall employ the Officer, and the Officer shall accept such employment as its President and Chief
Operating Officer (“ COO ”), during the term specified in Section 2. The Officer shall perform such duties and render such
services consistent with his position as from time to time may be requested of him by the Chief Executive Officer (the “
CEO ”) or Board of Directors of the Company (the “ Board ”). The Officer shall report to the CEO.
(b) During the term of this Agreement, the Officer may not, without the prior written consent of the Company, operate,
participate in the management, operations or control of, or act as an employee, officer, consultant, agent or representative
of, any type of business or service (other than as an employee of the Company). It shall not be deemed a violation of the
foregoing for the Officer to (i) act or serve as a director, trustee or committee member of any civic or charitable
organization; (ii) manage his personal, financial and legal affairs; or (iii) serve as a director of an organization that is not a
or charitable organization with the consent of the Board, which consent shall not be unreasonably withheld, in all cases so
long as such activities (described in clauses (i), (ii) and (iii)) do not interfere with or c