GENERAL ELECTRIC CO
EXHIBIT 10
<DOCUMENT>
<TYPE>EX-10
<SEQUENCE>2
<FILENAME>ex10.htm
<DESCRIPTION>EXHIBIT 10
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<title>Exhibit 10</title>
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    <p ALIGN="RIGHT">Exhibit 10</b></font></td>
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    <p ALIGN="LEFT">&nbsp;</b></font></td>
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    <td VALIGN="TOP" COLSPAN="4" height="15">
    <p ALIGN="LEFT"><font size="2"><b>THIS AGREEMENT</b> is amended and restated
    as of February 11, 2004</font></td>
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    <p ALIGN="LEFT">&nbsp;</b></font></td>
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    <p ALIGN="LEFT">BETWEEN</b></font></td>
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    <p ALIGN="LEFT">&nbsp;</b></font></td>
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    <td WIDTH="4%" VALIGN="TOP" height="30"><font SIZE="2"><b>
    <p ALIGN="LEFT">(1)</b></font></td>
    <td WIDTH="96%" VALIGN="TOP" COLSPAN="3" height="30"><font SIZE="2"><b>
    <p ALIGN="LEFT">GENERAL ELECTRIC COMPANY</b> a corporation incorporated in
    the State of New York of 3135 Easton Turnpike, Fairfield, Connecticut,
    United States of America (the &quot;Company&quot;); and</font></td>
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    <p ALIGN="LEFT">&nbsp;</b></font></td>
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    <td WIDTH="4%" VALIGN="TOP" height="15"><font SIZE="2"><b>
    <p ALIGN="LEFT">(2)</b></font></td>
    <td WIDTH="96%" VALIGN="TOP" COLSPAN="3" height="15"><font SIZE="2"><b>
    <p ALIGN="LEFT">SIR WILLIAM MARTIN CASTELL</b> whose address is Barton
    Hatch, Stoneswood Road, Limpsfield Chart, Surrey RH8&nbsp;0QY (the <b>&quot;Executive&quot;</b>)</font></td>
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    <p ALIGN="LEFT">&nbsp;</b></font></td>
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    <p ALIGN="LEFT">IT IS AGREED</b> as follows:</font></td>
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    <p ALIGN="LEFT">&nbsp;</b></font></td>
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    <p ALIGN="LEFT">1.</b></font></td>
    <td WIDTH="96%" VALIGN="TOP" COLSPAN="3" height="15"><font SIZE="2"><b>
    <p ALIGN="LEFT">DEFINITIONS</b></font></td>
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    <p ALIGN="LEFT">&nbsp;</b></font></td>
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    <td WIDTH="4%" VALIGN="TOP" height="19">&nbsp;</td>
    <td WIDTH="96%" VALIGN="TOP" COLSPAN="3" height="19"><font SIZE="2">
    <p ALIGN="LEFT">In this Agreement the following expressions shall have the
    following meanings:</font></td>
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    <p ALIGN="LEFT">&nbsp;</b></font></td>
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    <td WIDTH="26%" VALIGN="TOP" COLSPAN="3" height="15"><font SIZE="2"><b>
    <p ALIGN="LEFT">&quot;Board&quot;</b></font></td>
    <td WIDTH="74%" VALIGN="TOP" height="15"><font SIZE="2">
    <p ALIGN="LEFT">means the board of directors of the Company and includes,
    where applicable, a duly constituted committee of the board of directors;</font></td>
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    <p ALIGN="LEFT">&nbsp;</b></font></td>
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    <td WIDTH="26%" VALIGN="TOP" COLSPAN="3" height="30"><font SIZE="2"><b>
    <p ALIGN="LEFT">&quot;Effective Date&quot;</b></font></td>
    <td WIDTH="74%" VALIGN="TOP" height="30"><font SIZE="2">
    <p ALIGN="LEFT">means the fifth day after the date on which the acquisition
    of Amersham plc by the Company becomes effective or, if such acquisition is
    effected by public offer, the fifth day after the date on which that offer
    becomes or is declared unconditional in all respects;</font></td>
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    <p ALIGN="LEFT">&nbsp;</b></font></td>
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    <td WIDTH="26%" VALIGN="TOP" COLSPAN="3" height="15"><font SIZE="2"><b>
    <p ALIGN="LEFT">&quot;Employment&quot;</b></font></td>
    <td WIDTH="74%" VALIGN="TOP" height="15"><font SIZE="2">
    <p ALIGN="LEFT">means the Executive's employment in accordance with the
    terms and conditions of this Agreement;</font></td>
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    <p ALIGN="LEFT">&nbsp;</b></font></td>
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    <td WIDTH="26%" VALIGN="TOP" COLSPAN="3" height="45"><font SIZE="2"><b>
    <p ALIGN="LEFT">&quot;Group Company&quot;</b></font></td>
    <td WIDTH="74%" VALIGN="TOP" height="45"><font SIZE="2">
    <p ALIGN="LEFT">means the Company, any holding company of the Company and
    any subsidiary of the Company or of any such holding company (with holding
    company and subsidiary having the meanings given to them by section 736 of
    the Companies Act 1985) and so that, for the avoidance of doubt, on or after
    the Effective Date, includes Amersham plc and any subsidiary of Amersham
    plc;</font></td>
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    <p ALIGN="LEFT">&nbsp;</b></font></td>
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    <td WIDTH="26%" VALIGN="TOP" COLSPAN="3" height="45"><font SIZE="2"><b>
    <p ALIGN="LEFT">&quot;Recognised Investment Exchange&quot;</b></font></td>
    <td WIDTH="74%" VALIGN="TOP" height="45"><font SIZE="2">
    <p ALIGN="LEFT">means an exchange which is the subject of a recognition
    order made, or treated as having been made (under Regulation 9 of the
    Financial Services and Markets Act 2000 (Recognition Requirements for
    Investment Exchanges and Clearing Houses) Regulations 2001) by the Financial
    Services Authority under section 290 or 292 of the Financial Services and
    Markets Act 2000;</font></td>
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    <p ALIGN="LEFT">&nbsp;</b></font></td>
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    <td WIDTH="26%" VALIGN="TOP" COLSPAN="3" height="15"><font SIZE="2"><b>
    <p ALIGN="LEFT">&quot;Working Hours&quot;</b></font></td>
    <td WIDTH="74%" VALIGN="TOP" height="15"><font SIZE="2">
    <p ALIGN="LEFT">has the meaning given to it by clause 3.2</font></td>
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    <p ALIGN="LEFT">&nbsp;</b></font></td>
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    <td WIDTH="4%" VALIGN="TOP" height="15"><font SIZE="2"><b>
    <p ALIGN="LEFT">2.</b></font></td>
    <td WIDTH="96%" VALIGN="TOP" COLSPAN="3" height="15"><font SIZE="2"><b>
    <p ALIGN="LEFT">TERM AND JOB DESCRIPTION</b></font></td>
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    <p ALIGN="LEFT">&nbsp;</b></font></td>
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    <td WIDTH="4%" VALIGN="TOP" height="29">
    <p ALIGN="LEFT"><font size="2">2.1</font></td>
    <td WIDTH="96%" VALIGN="TOP" COLSPAN="3" height="29">
    <p ALIGN="LEFT"><font size="2">The Executive shall be employed by the
    Company as Chief Executive Officer, GE Healthcare and during the Employment
    Period shall be an executive officer of the Company and a Vice Chairman of
    the Board of Directors of the Company and a director of Amersham plc.</font></td>
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    <p ALIGN="LEFT">&nbsp;</b></font></td>
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    <td WIDTH="4%" VALIGN="TOP" height="15"><font SIZE="2">
    <p ALIGN="LEFT">2.2</font></td>
    <td WIDTH="96%" VALIGN="TOP" COLSPAN="3" height="15"><font SIZE="2">
    <p ALIGN="LEFT">The Employment shall begin on the Effective Date. The
    Executive's period of continuous employment for statutory purposes began on
    1 November 1989.</font></td>
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    <p ALIGN="LEFT">&nbsp;</b></font></td>
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    <td WIDTH="4%" VALIGN="TOP" height="15"><font SIZE="2">
    <p ALIGN="LEFT">2.3</font></td>
    <td WIDTH="96%" VALIGN="TOP" COLSPAN="3" height="15"><font SIZE="2">
    <p ALIGN="LEFT">Subject to clause 16, the Employment will continue for a
    fixed period of 2 years (the <b>&quot;Employment Period&quot;</b>).</font></td>
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    <p ALIGN="LEFT">&nbsp;</b></font></td>
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    <td WIDTH="4%" VALIGN="TOP" height="15"><font SIZE="2"><b>
    <p ALIGN="LEFT">3.</b></font></td>
    <td WIDTH="96%" VALIGN="TOP" COLSPAN="3" height="15"><font SIZE="2"><b>
    <p ALIGN="LEFT">DUTIES</b></font></td>
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    <p ALIGN="LEFT">&nbsp;</b></font></td>
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    <td WIDTH="4%" VALIGN="TOP" height="13"><font SIZE="2">
    <p ALIGN="LEFT">3.1</font></td>
    <td WIDTH="96%" VALIGN="TOP" COLSPAN="3" height="13"><font SIZE="2">
    <p ALIGN="LEFT">During the Employment, the Executive will:</font></td>
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    <p ALIGN="LEFT">&nbsp;</b></font></td>
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    <td WIDTH="4%" VALIGN="TOP" height="30">&nbsp;</td>
    <td WIDTH="3%" VALIGN="TOP" height="30"><font SIZE="2">
    <p ALIGN="LEFT">(a)&nbsp;&nbsp;</font></td>
    <td WIDTH="92%" VALIGN="TOP" COLSPAN="2" height="30"><font SIZE="2">
    <p ALIGN="LEFT">diligently perform all such duties and exercise all such
    powers as are lawfully and properly assigned to him from time to time by the
    Board, whether such duties or powers relate to the Company or any other
    Group Company;</font></td>
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    <p ALIGN="LEFT">&nbsp;</b></font></td>
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    <td WIDTH="4%" VALIGN="TOP" height="19">&nbsp;</td>
    <td WIDTH="3%" VALIGN="TOP" height="19"><font SIZE="2">
    <p ALIGN="LEFT">(b)</font></td>
    <td WIDTH="92%" VALIGN="TOP" COLSPAN="2" height="19"><font SIZE="2">
    <p ALIGN="LEFT">comply with all directions lawfully and properly given to
    him by the Board;</font></td>
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    <p ALIGN="LEFT">&nbsp;</b></font></td>
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    <td WIDTH="4%" VALIGN="TOP" height="30">&nbsp;</td>
    <td WIDTH="3%" VALIGN="TOP" height="30"><font SIZE="2">
    <p ALIGN="LEFT">(c)</font></td>
    <td WIDTH="92%" VALIGN="TOP" COLSPAN="2" height="30"><font SIZE="2">
    <p ALIGN="LEFT">unless prevented by sickness, injury or other incapacity, or
    unless previously agreed in writing by the Board, devote the whole of his
    time, attention and abilities during his Working Hours to the business of
    the Company or any other Group Company for which he is required to perform
    duties; and</font></td>
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    <p ALIGN="LEFT">&nbsp;</b></font></td>
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    <td WIDTH="4%" VALIGN="TOP" height="30">&nbsp;</td>
    <td WIDTH="3%" VALIGN="TOP" height="30"><font SIZE="2">
    <p ALIGN="LEFT">(d)</font></td>
    <td WIDTH="92%" VALIGN="TOP" COLSPAN="2" height="30"><font SIZE="2">
    <p ALIGN="LEFT">promptly provide the Board with all such information as it
    may require in connection with the business or affairs of the Company and of
    any other Group Company for which he is required to perform duties.</font></td>
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    <p ALIGN="LEFT">&nbsp;</b></font></td>
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    <td WIDTH="4%" VALIGN="TOP" height="15"><font SIZE="2">
    <p ALIGN="LEFT">3.2</font></td>
    <td WIDTH="96%" VALIGN="TOP" COLSPAN="3" height="15"><font SIZE="2">
    <p ALIGN="LEFT">The Executive shall conform to such hours of work as may
    from time to time reasonably be required of him as to be consistent with his
    appointment (<b>&quot;Working Hours&quot;</b>).</font></td>
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    <td VALIGN="TOP" COLSPAN="4" height="15"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
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    <td WIDTH="4%" VALIGN="TOP" height="30"><font SIZE="2">
    <p ALIGN="LEFT">3.3</font></td>
    <td WIDTH="96%" VALIGN="TOP" COLSPAN="3" height="30"><font SIZE="2">
    <p ALIGN="LEFT">The Executive agrees that Regulation 4(1) of the Working
    Time Regulations 1998 does not apply to him because the specific
    characteristics of the activity in which he is engaged mean that the
    duration of his working time is not measured or predetermined or can be
    determined by the Executive.</font></td>
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    <p ALIGN="LEFT">&nbsp;</b></font></td>
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    <td WIDTH="4%" VALIGN="TOP" height="15"><font SIZE="2">
    <p ALIGN="LEFT">3.4</font></td>
    <td WIDTH="96%" VALIGN="TOP" COLSPAN="3" height="15">
    <p ALIGN="LEFT"><font size="2">The Executive's normal place of work will be
    at the offices of the GE Healthcare business in the United Kingdom.</font></td>
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    <p ALIGN="LEFT">&nbsp;</b></font></td>
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    <td WIDTH="4%" VALIGN="TOP" height="15"><font SIZE="2">
    <p ALIGN="LEFT">3.5</font></td>
    <td WIDTH="96%" VALIGN="TOP" COLSPAN="3" height="15"><font SIZE="2">
    <p ALIGN="LEFT">The Executive agrees to travel (both within and outside the
    UK) as may be required for the proper performance of his duties under the
    Employment.</font></td>
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    <td VALIGN="TOP" COLSPAN="4" height="15"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
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    <td WIDTH="4%" VALIGN="TOP" height="15"><font SIZE="2">
    <p ALIGN="LEFT">3.6</font></td>
    <td WIDTH="96%" VALIGN="TOP" COLSPAN="3" height="15"><font SIZE="2">
    <p ALIGN="LEFT">Fulfilment of the duties referred to in clause 3.1 shall
    constitute &quot;satisfactory performance&quot; for the purposes of clause 5.1.</font></td>
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    <td VALIGN="TOP" COLSPAN="4" height="15"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
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    <td WIDTH="4%" VALIGN="TOP" height="15"><font SIZE="2"><b>
    <p ALIGN="LEFT">4.</b></font></td>
    <td WIDTH="96%" VALIGN="TOP" COLSPAN="3" height="15"><font SIZE="2"><b>
    <p ALIGN="LEFT">SALARY</b></font></td>
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    <td VALIGN="TOP" COLSPAN="4" height="15"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
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    <td WIDTH="4%" VALIGN="TOP" height="13"><font SIZE="2">
    <p ALIGN="LEFT">4.1</font></td>
    <td WIDTH="96%" VALIGN="TOP" COLSPAN="3" height="13"><font SIZE="2">
    <p ALIGN="LEFT">The Executive's annual basic salary is &pound;1,000,000 (less any
    deductions required by law). </font></td>
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    <td VALIGN="TOP" COLSPAN="4" height="15"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
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    <td WIDTH="4%" VALIGN="TOP" height="15"><font SIZE="2">
    <p ALIGN="LEFT">4.2</font></td>
    <td WIDTH="96%" VALIGN="TOP" COLSPAN="3" height="15"><font SIZE="2">
    <p ALIGN="LEFT">The Executive's salary will accrue on a daily basis, and
    will be payable in equal monthly instalments on or about the 15th of each
    month.</font></td>
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    <td VALIGN="TOP" COLSPAN="4" height="15"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
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    <td WIDTH="4%" VALIGN="TOP" height="30"><font SIZE="2">
    <p ALIGN="LEFT">4.3</font></td>
    <td WIDTH="96%" VALIGN="TOP" COLSPAN="3" height="30"><font SIZE="2">
    <p ALIGN="LEFT">The Executive's salary will be inclusive of all fees and
    other remuneration to which he may be or become entitled as an officer or
    director of the Company or of any other Group Company during the Employment
    Period.</font></td>
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    <td VALIGN="TOP" COLSPAN="4" height="15"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
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    <td WIDTH="4%" VALIGN="TOP" height="45"><font SIZE="2">
    <p ALIGN="LEFT">4.4</font></td>
    <td WIDTH="96%" VALIGN="TOP" COLSPAN="3" height="45"><font SIZE="2">
    <p ALIGN="LEFT">The Executive shall be entitled to receive financial advice
    and consultation services consistent with those from time to time made
    available to other executives of his status within the Company. The
    Executive will be entitled to participation in the Company's $1&nbsp;million
    charitable gift programme applying in relation to members of the Board on
    their retirement from the Board.</font></td>
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    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
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    <td WIDTH="4%" VALIGN="TOP" height="15"><font SIZE="2"><b>
    <p ALIGN="LEFT">5.</b></font></td>
    <td WIDTH="96%" VALIGN="TOP" COLSPAN="3" height="15"><font SIZE="2"><b>
    <p ALIGN="LEFT">INCENTIVES</b></font></td>
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    <p ALIGN="LEFT">&nbsp;</b></font></td>
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    <td WIDTH="4%" VALIGN="TOP" height="60"><font SIZE="2">
    <p ALIGN="LEFT">5.1</font></td>
    <td WIDTH="96%" VALIGN="TOP" COLSPAN="3" height="60"><font SIZE="2">
    <p ALIGN="LEFT">The Executive shall be entitled to receive a bonus in
    respect of each calendar year or part of a calendar year during which he is
    employed by the Company during the Employment Period. Such bonus shall be
    paid at a minimum rate of &pound;1&nbsp;million per annum, subject to continued
    employment and to satisfactory performance during the relevant period. For
    the calendar year in which the Effective Date occurs, this minimum rate
    shall extend to cover any part of the calendar year during which the
    Executive was employed by Amersham plc and in respect of which he does not
    receive any bonus payment from Amersham plc. Bonus payments are
    non-pensionable and will be paid less any deductions required by law.</font></td>
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    <td VALIGN="TOP" COLSPAN="4" height="15"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
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    <td WIDTH="4%" VALIGN="TOP" height="30"><font SIZE="2">
    <p ALIGN="LEFT">5.2</font></td>
    <td WIDTH="96%" VALIGN="TOP" COLSPAN="3" height="30"><font SIZE="2">
    <p ALIGN="LEFT">The Executive shall be entitled, on or as soon as reasonably
    practicable after the Effective Date, to be awarded 200,000 Performance
    Share Units (&quot;<b>PSUs</b>&quot;) in the Company. All restrictions on the PSUs will lapse
    at the end of the Employment Period provided that: </font></td>
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    <td VALIGN="TOP" COLSPAN="4" height="15"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
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    <td WIDTH="4%" VALIGN="TOP" height="19">&nbsp;</td>
    <td WIDTH="3%" VALIGN="TOP" height="19"><font SIZE="2">
    <p ALIGN="LEFT">(i)</font></td>
    <td WIDTH="92%" VALIGN="TOP" COLSPAN="2" height="19"><font SIZE="2">
    <p ALIGN="LEFT">the Executive continues to be employed throughout that
    period; and</font></td>
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    <td VALIGN="TOP" COLSPAN="4" height="15"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
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    <td WIDTH="4%" VALIGN="TOP" height="30">&nbsp;</td>
    <td WIDTH="3%" VALIGN="TOP" height="30"><font SIZE="2">
    <p ALIGN="LEFT">(ii)</font></td>
    <td WIDTH="92%" VALIGN="TOP" COLSPAN="2" height="30"><font SIZE="2">
    <p ALIGN="LEFT">the Executive successfully achieves performance goals to be
    proposed by the Chairman of the Board and agreed by the Executive, such
    agreement not to be unreasonably withheld. </font></td>
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    <td VALIGN="TOP" COLSPAN="4" height="15"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
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    <td WIDTH="4%" VALIGN="TOP" height="30">&nbsp;</td>
    <td WIDTH="96%" VALIGN="TOP" COLSPAN="3" height="30"><font SIZE="2">
    <p ALIGN="LEFT">Each such PSU shall be convertible into one share of the
    Company's common stock. The Executive will be entitled to a quarterly cash
    payment equivalent to the dividends payable on the Company's common stock.</font></td>
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    <td VALIGN="TOP" COLSPAN="4" height="15"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
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    <td WIDTH="4%" VALIGN="TOP" height="75"><font SIZE="2">
    <p ALIGN="LEFT">5.3</font></td>
    <td WIDTH="96%" VALIGN="TOP" COLSPAN="3" height="75"><font SIZE="2">
    <p ALIGN="LEFT">The Executive shall be entitled, on or as soon as reasonably
    practicable after the Effective Date, to be awarded options to acquire
    200,000 shares in the common stock of the Company under and in accordance
    with the rules of the Company's 1990 Long-Term Incentive Plan, as amended
    and restated as of 1 August 1997. The exercise price for such options will
    be the market price of the Company's stock at close of business on the date
    of grant and the options shall have a life of up to 10 years. All options
    will vest and become exercisable at the end of the Employment Period
    provided that the Executive remains employed by the Company throughout that
    period. In the event of death all options will vest and become exercisable
    by the Executive's personal representatives for the remainder of the life of
    the option.</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4" height="15"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td WIDTH="4%" VALIGN="TOP" height="30"><font SIZE="2">
    <p ALIGN="LEFT">5.4</font></td>
    <td WIDTH="96%" VALIGN="TOP" COLSPAN="3" height="30">
    <p ALIGN="LEFT"><font size="2">The Executive shall be entitled, on or as
    soon as reasonably practicable after the Effective Date, to be awarded a
    Long Term Performance Award with a performance period from 1 January 2003 to
    31 December 2005. Performance will be measured over this period by reference
    to the average annual percentage growth in the Company's revenue and
    earnings per share and the cumulative percentage return on total capital and
    cash generated. Any payment under the award will be pro-rated according to
    the proportion of the three-year performance period during which the
    Executive will have been in the Company's employment. </font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4" height="15"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
</TABLE>

<font SIZE="2">
</font>

<font SIZE="2">
</font>

<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" style="border-collapse: collapse" bordercolor="#111111">
  <tr>
    <td WIDTH="4%" VALIGN="TOP">&nbsp;</td>
    <td VALIGN="TOP" COLSPAN="3"><font SIZE="2">
    <p ALIGN="LEFT">Maximum payment under the award will be 250% of the
    Executive's Total Compensation Rate (&quot;TCR&quot;) at the time of the award. The
    TCR is base salary plus guaranteed bonus. Any payment under the award will
    be pro-rated for actual time employed by the Company during the 3 year
    performance period.</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">5.5</font></td>
    <td VALIGN="TOP" COLSPAN="3"><font SIZE="2">
    <p ALIGN="LEFT">For the avoidance of doubt, it is confirmed that resignation
    of the Executive during the Employment Period (other than in circumstances
    where the Executive is entitled to terminate the contract by reason of
    repudiatory breach of contract by the Company) or termination by the Company
    in accordance with clause 16.6 will lead to the loss of the benefits
    referred to in clauses 5.2 to 5.4 and to loss of the salary and bonus
    payable under clauses 4 and 5.1 for the remainder of the Employment Period.</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP"><font SIZE="2"><b>
    <p ALIGN="LEFT">6.</b></font></td>
    <td VALIGN="TOP" COLSPAN="3"><font SIZE="2"><b>
    <p ALIGN="LEFT">EXPENSES</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">6.1</font></td>
    <td VALIGN="TOP" COLSPAN="3"><font SIZE="2">
    <p ALIGN="LEFT">The Company will reimburse (or procure the reimbursement of)
    all out-of-pocket expenses properly and reasonably incurred by the Executive
    in the course of his Employment subject to production of receipts or other
    appropriate evidence of payment.</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">6.2</font></td>
    <td VALIGN="TOP" COLSPAN="3"><font SIZE="2">
    <p ALIGN="LEFT">The Executive shall be entitled to business travel and hotel
    or other accommodation for himself and his spouse (if serving a business
    purpose) in each case on the basis applicable to executives of his status
    within the Company. </font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP"><font SIZE="2"><b>
    <p ALIGN="LEFT">7.</b></font></td>
    <td VALIGN="TOP" COLSPAN="3"><font SIZE="2"><b>
    <p ALIGN="LEFT">COMPANY CAR</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">7.1</font></td>
    <td VALIGN="TOP" COLSPAN="3"><font SIZE="2">
    <p ALIGN="LEFT">During the Employment, the Company will provide the
    Executive with a car of a type and age appropriate to his status and
    responsibilities (with a monthly lease value not exceeding &pound;1,600 (plus VAT)
    or such higher amount as agreed from time to time). The Company will bear
    the cost of taxing, insuring, repairing and maintaining the car as well as
    the cost of petrol for business and private mileage. The Executive will take
    good care of the vehicle and will ensure that the provisions and conditions
    of the Company's car policy from time to time and any policy of insurance
    relating to the car are complied with in all respects.</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">7.2</font></td>
    <td VALIGN="TOP" COLSPAN="3"><font SIZE="2">
    <p ALIGN="LEFT">As an alternative to 7.1 the Company may elect to pay the
    Executive a car allowance of &pound;19,200 per annum (less any required
    deductions) or such higher amount as may be agreed from time to time which
    will be paid in equal monthly instalments with the Executive's salary. The
    car allowance will be non-pensionable.</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">7.3</font></td>
    <td VALIGN="TOP" COLSPAN="3"><font SIZE="2">
    <p ALIGN="LEFT">The Company also agrees to make available to the Executive
    use of a Company chauffeur and pool car in the United Kingdom and in the
    United States for the following purposes only:</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP">&nbsp;</td>
    <td WIDTH="3%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">(a)&nbsp;&nbsp;</font></td>
    <td VALIGN="TOP" COLSPAN="2"><font SIZE="2">
    <p ALIGN="LEFT">to transport the Executive between his places of residence
    and the offices of the Company so that the Executive can continue to
    undertake his duties for the Company during those journeys; and</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP">&nbsp;</td>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">(b)</font></td>
    <td VALIGN="TOP" COLSPAN="2">
    <p ALIGN="LEFT"><font size="2">to transport the Executive to and from
    engagements which the Executive attends at the request of and on behalf of
    the Company in his capacity as CEO Healthcare and as a Vice Chairman of the
    Company.</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP">&nbsp;</td>
    <td VALIGN="TOP" COLSPAN="3"><font SIZE="2">
    <p ALIGN="LEFT">The Executive will not be entitled to the use of a chauffeur
    for any private purposes. If the provision of a chauffeur for the purposes
    set out in (a) and/or (b) above constitutes a taxable benefit, the Company
    agrees to pay to the Executive a salary supplement of an amount equal to 66%
    of the annual taxable value of that benefit. The salary supplement will be
    paid (less any required deductions) with the Executive's salary in
    conjunction with the Executive's annual taxation settlement and will be
    non-pensionable.</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP"><font SIZE="2"><b>
    <p ALIGN="LEFT">8.</b></font></td>
    <td VALIGN="TOP" COLSPAN="3"><font SIZE="2"><b>
    <p ALIGN="LEFT">PENSION</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">8.1</font></td>
    <td VALIGN="TOP" COLSPAN="3"><font SIZE="2">
    <p ALIGN="LEFT">In respect of his service with the Company (and prior to the
    Effective Date with Amersham plc), the Executive shall be entitled to
    receive (through appropriate funding of the Amersham Supplementary Pension
    Scheme No.2 (the <b>&quot;Existing FURBS&quot;</b>) pension arrangements or otherwise), on
    retirement at the end of the Employment Period, a pension (and other or
    alternative benefits) calculated on the same basis as if his employment with
    Amersham plc had continued in accordance with the Executive's pension
    arrangements at the date of this Agreement, as they are described in the
    documents referred to in the Schedule to this Agreement, but:</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP">&nbsp;</td>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">&#8211;</font></td>
    <td VALIGN="TOP" COLSPAN="2"><font SIZE="2">
    <p ALIGN="LEFT">based on a total pension (after taking account of pension
    benefits deriving from earlier employments and pension benefits deriving
    from employment with Amersham plc (including the pension which could be
    notionally secured from past remuneration supplements relating to his
    pension), on the same basis as applies under the Executive's existing
    pension arrangements with Amersham plc), of 60% of his average basic salary
    (with the Company and, prior to the Effective Date, with Amersham plc) for
    the 3 years prior to termination of employment; and</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP">&nbsp;</td>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">&#8211;</font></td>
    <td VALIGN="TOP" COLSPAN="2"><font SIZE="2">
    <p ALIGN="LEFT">with no actuarial reduction for receipt before age 60,</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP">&nbsp;</td>
    <td VALIGN="TOP" COLSPAN="3">
    <p ALIGN="LEFT"><font size="2">In calculating the pension above, there shall
    be deducted the notional pension equivalent at the date of transfer of any
    amount transferred to, or at the direction of, the Executive in accordance
    with clause 8.3 and clause 8.2(A), calculated by the actuary referred to in
    clause 8.2 in accordance with the Executive's existing pension arrangements.</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">8.2</font></td>
    <td VALIGN="TOP" COLSPAN="3">
    <p ALIGN="LEFT"><font size="2">The Company confirms that, with the intention
    of ensuring that sufficient funds are available at the end of the Employment
    Period in order to enable the Company to meet its obligations under clause
    8.1, the Company will fund the Executive's pension in a manner consistent
    with the decision of the Remuneration Committee of Amersham plc on 8 October
    2003 (&quot;<b>Committee Decision</b>&quot;) and will therefore pay or procure that
    payments are made:</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP">&nbsp;</td>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">(A)&nbsp;&nbsp;</font></td>
    <td VALIGN="TOP" COLSPAN="2">
    <p ALIGN="LEFT"><font size="2">immediately following Completion (if and to
    the extent that the payments referred to in the Amersham plc Remuneration
    Committee minutes of 8 October 2003, are not made by Amersham plc on
    Completion; the parties agree that such payments amount to &pound;2.933 million
    before deduction of PAYE income tax and National Insurance and, the
    Committee Decision notwithstanding, shall be made to the bank account to
    which Executive's salary from Amersham plc is currently paid, it being
    understood that such payments (after deductions required by law) satisfy in
    full the Company's obligations in relation to the payments referred to in
    this clause 8.2(A) and any other obligations of the Company or Amersham plc
    to fund Executive's pension in respect of service up to Completion); and</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP">&nbsp;</td>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">(B)</font></td>
    <td VALIGN="TOP" COLSPAN="2"><font SIZE="2">
    <p ALIGN="LEFT">on or before 1 January 2005; and</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP">&nbsp;</td>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">(C)</font></td>
    <td VALIGN="TOP" COLSPAN="2"><font SIZE="2">
    <p ALIGN="LEFT">on or before 1 January 2006; and</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP">&nbsp;</td>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">(D)</font></td>
    <td VALIGN="TOP" COLSPAN="2"><font SIZE="2">
    <p ALIGN="LEFT">on or before the end of the Employment Period,</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP">&nbsp;</td>
    <td VALIGN="TOP" COLSPAN="3"><font SIZE="2">
    <p ALIGN="LEFT">in each case with the intention of fully funding the
    Executive's pension in respect of service up to the relevant date. Funding
    based on yields from index-linked gilts, will be as recommended by an
    actuary from a leading international actuarial practice, selected by the
    Company.</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP">&nbsp;</td>
    <td VALIGN="TOP" COLSPAN="3"><font SIZE="2">
    <p ALIGN="LEFT">The Executive and the Company confirm, for the avoidance of
    doubt, that the payment referred to at (A) above will be on the basis that
    the enhanced benefits set out in Clause 9.1 of the Deed Poll made on 29
    April 1999 apply. </font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">8.3</font></td>
    <td VALIGN="TOP" COLSPAN="3">
    <p ALIGN="LEFT"><font size="2">If so requested by the Executive, the Company
    will procure that Amersham plc will consent to any changes necessary to the
    Trust Deed constituting the Existing FURBS to allow funds contained in the
    Existing FURBS in respect of the Executive's period of service with Amersham
    plc up to Completion to be transferred to the Executive, or as he may
    direct, on or after Completion, notwithstanding his continued employment
    with the Company, it being understood that the amendments made to the Trust
    Deed dated 27 March 1992, constituting the Existing FURBS, made by the deed
    of amendment entered into on 7 April 2004 by Amersham plc, Mourant &amp; Co.
    Trustees Limited and the Executive (the &quot;<b>Deed of Amendment</b>&quot;), fulfil
    the Company's obligations under this clause 8.3.</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">8.4</font></td>
    <td VALIGN="TOP" COLSPAN="3"><font SIZE="2">
    <p ALIGN="LEFT">The payments referred to in Clause 8.2 shall, in the case of
    any payment under Clause 8.2(A), be made to the Existing FURBS and in the
    case of the payments referred to in Clauses 8.2(B) to (D) be made either to
    the Existing FURBS (subject to the agreement of the Executive), or to some
    other trust, escrow account or other arrangement established or selected by
    the Company, under which the amounts paid are held separate from the assets
    of the Company, on terms that the amounts comprised in such trust, account
    or arrangement are available, in addition to any amounts then contained in
    the Existing FURBS, in order to enable the Company to meet its obligations
    under clause 8.1. The Company shall consult with the Executive prior to
    implementing such arrangements, with a view to ensuring that the
    arrangements give reasonable security and protection to the Executive. If
    the Company so chooses, those trusts, accounts or other arrangements may be
    established on the basis that any amounts comprised therein in excess of
    those required to enable the Company to meet those obligations shall be
    repaid to the Company.</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP"><font size="2">8.5</font></td>
    <td VALIGN="TOP" COLSPAN="3"><font size="2">The amendments to the Trust Deed
    made by the Deed of Amendment amount to a &quot;transfer&quot; for the purposes of
    clause 8.1 and therefore the value of the assets of the Existing FURBS
    represented by the Executive's Member's Account as at the opening of
    business on 8 April 2004 shall be treated as if it had been transferred to
    the Executive at that time for the purposes of clause 8.</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP"><font SIZE="2"><b>
    <p ALIGN="LEFT">9.</b></font></td>
    <td VALIGN="TOP" COLSPAN="3"><font SIZE="2"><b>
    <p ALIGN="LEFT">INSURANCE</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">9.1</font></td>
    <td VALIGN="TOP" COLSPAN="3"><font SIZE="2">
    <p ALIGN="LEFT">During the Employment Period the Company will:</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP">&nbsp;</td>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">(A)</font></td>
    <td VALIGN="TOP" COLSPAN="2"><font SIZE="2">
    <p ALIGN="LEFT">pay for the benefit of the Executive, his wife and any
    dependent children under the age of 21 subscriptions to private medical
    expenses insurance arrangements;</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP">&nbsp;</td>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">(B)</font></td>
    <td VALIGN="TOP" COLSPAN="2"><font SIZE="2">
    <p ALIGN="LEFT">pay for the benefit of the Executive subscriptions to
    permanent health insurance arrangements; and</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP">&nbsp;</td>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">(C)</font></td>
    <td VALIGN="TOP" COLSPAN="2"><font SIZE="2">
    <p ALIGN="LEFT">pay for the benefit of the Executive subscriptions to life
    assurance arrangements (the life assurance cover amounting to not less than
    four times the Executive's basic annual salary for death occurring during
    Employment, and not less than eight times the Executive's basic annual
    salary for accidental death at work) for the time being in force,</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP">&nbsp;</td>
    <td VALIGN="TOP" COLSPAN="3"><font SIZE="2">
    <p ALIGN="LEFT">which are in each case the same as, or reasonably equivalent
    to, the arrangements currently applicable to the Executive or, if the
    Company provides insurance benefits which provide additional or greater
    benefits to executives of his status (and similarly situated as to age and
    service), the Company will during the Employment provide him with those
    benefits.</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">9.2</font></td>
    <td VALIGN="TOP" COLSPAN="3"><font SIZE="2">
    <p ALIGN="LEFT">On termination of the Employment, the Company will procure
    that either:</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP">&nbsp;</td>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">(A)</font></td>
    <td VALIGN="TOP" COLSPAN="2"><font SIZE="2">
    <p ALIGN="LEFT">the providers of the insurance referred to in clause 9.1(A)
    issue a policy on corresponding terms (for the Executive and his spouse
    only) but issued in the name of the Executive, so as to provide continuity
    of cover; or</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP">&nbsp;</td>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">(B)</font></td>
    <td VALIGN="TOP" COLSPAN="2"><font SIZE="2">
    <p ALIGN="LEFT">the Executive is entitled to remain a member of the relevant
    insurance plan with continuity of cover (in respect of himself and his
    spouse), </font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP">&nbsp;</td>
    <td VALIGN="TOP" COLSPAN="3"><font SIZE="2">
    <p ALIGN="LEFT">in each case on the basis that all premiums for such cover
    are payable by the Company.</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP"><font SIZE="2"><b>
    <p ALIGN="LEFT">10.</b></font></td>
    <td VALIGN="TOP" COLSPAN="3"><font SIZE="2"><b>
    <p ALIGN="LEFT">HOLIDAY</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">10.1</font></td>
    <td VALIGN="TOP" COLSPAN="3"><font SIZE="2">
    <p ALIGN="LEFT">The Executive is entitled to 30 working days' paid holiday
    per calendar year during his Employment (plus bank holidays in England) to
    be taken at a time or times convenient to the Company. The right to paid
    holiday will accrue pro-rata during each calendar year of the Employment.</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">10.2</font></td>
    <td VALIGN="TOP" COLSPAN="3"><font SIZE="2">
    <p ALIGN="LEFT">Up to a maximum of 5 days' accrued but untaken holiday may
    be carried forward to the next calendar year. Subject to clause 10.3 the
    Executive has no entitlement to be paid in lieu of accrued but untaken
    holiday.</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">10.3</font></td>
    <td VALIGN="TOP" COLSPAN="3"><font SIZE="2">
    <p ALIGN="LEFT">On termination of the Employment, the Executive's
    entitlement to accrued holiday pay shall be calculated on a pro-rata basis
    (which calculation shall be made on the basis that each day of paid holiday
    is equivalent to 1/260 of the Executive's salary). If the Executive has
    taken more working days' paid holiday than his accrued entitlement, the
    Company is authorised to deduct the appropriate amount from his final salary
    instalment (which deduction shall be made on the basis that each day of paid
    holiday is equivalent to 1/260 of the Executive's salary.</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP"><font SIZE="2"><b>
    <p ALIGN="LEFT">11.</b></font></td>
    <td VALIGN="TOP" COLSPAN="3"><font SIZE="2"><b>
    <p ALIGN="LEFT">SICKNESS AND OTHER INCAPACITY</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">11.1</font></td>
    <td VALIGN="TOP" COLSPAN="3"><font SIZE="2">
    <p ALIGN="LEFT">Subject to the Executive's compliance with the Company's
    policy on notification and certification of periods of absence from work,
    the Executive will continue to be paid his full salary during any period of
    absence from work due to sickness, injury or other incapacity, up to a
    maximum of 26 weeks in aggregate in any period of 52 consecutive weeks (the
    <b>&quot;Relevant Consecutive Weeks&quot;</b>). The Executive will be paid half his
    basic salary during any remaining period of absence due to sickness, injury
    or other incapacity, in the Relevant Consecutive Weeks. Such payments will
    be inclusive of any statutory sick pay payable in accordance with applicable
    legislation in force at the time of absence.</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">11.2</font></td>
    <td VALIGN="TOP" COLSPAN="3"><font SIZE="2">
    <p ALIGN="LEFT">The Executive will not be paid during any period of absence
    from work (other than due to holiday, sickness, injury or other incapacity)
    without the prior permission of the Board.</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">11.3</font></td>
    <td VALIGN="TOP" COLSPAN="3"><font SIZE="2">
    <p ALIGN="LEFT">The Executive agrees that he will undergo a medical
    examination by a doctor appointed by the Company at any time (provided that
    the costs of all such examinations are paid by the Company) at such time or
    times as the Company may require, provided that not more than one medical
    examination shall take place in any period of one year. The Company will be
    entitled to receive a copy of any report produced in connection with all
    such examinations and to discuss the contents of the report with the doctor
    who produced it provided that the Executive shall first have had the
    opportunity to review the report and comment upon it to the doctor.</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP"><font SIZE="2"><b>
    <p ALIGN="LEFT">12.</b></font></td>
    <td VALIGN="TOP" COLSPAN="3"><font SIZE="2"><b>
    <p ALIGN="LEFT">OTHER INTERESTS</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">12.1</font></td>
    <td VALIGN="TOP" COLSPAN="3"><font SIZE="2">
    <p ALIGN="LEFT">Subject to clauses 12.2 and 12.3, during the Employment the
    Executive will not (without the Board's prior written consent) be directly
    or indirectly engaged, concerned or interested in any other business
    activity, trade or occupation.</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">12.2</font></td>
    <td VALIGN="TOP" COLSPAN="3"><font SIZE="2">
    <p ALIGN="LEFT">For the avoidance of doubt it is confirmed that the
    Executive may continue to hold his positions at the Medical Research Council
    and the Natural History Museum and one further potential trusteeship that
    has been disclosed to the Company. The Board's consent to any other
    trusteeships or non-executive directorships which do not materially affect
    the Executive's ability to perform his duties under this Agreement and which
    do not conflict with the Company's policies as to conflicts of interest will
    not be unreasonably withheld.</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">12.3</font></td>
    <td VALIGN="TOP" COLSPAN="3"><font SIZE="2">
    <p ALIGN="LEFT">Notwithstanding clause 12.1, the Executive may hold for
    investment purposes an interest (as defined in Schedule 13 Companies Act
    1985) of up to 5 per cent. in any class of securities listed or dealt in a
    Recognised Investment Exchange.</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP"><font SIZE="2"><b>
    <p ALIGN="LEFT">13.</b></font></td>
    <td VALIGN="TOP" COLSPAN="3"><font SIZE="2"><b>
    <p ALIGN="LEFT">SHARE DEALING AND OTHER CODES OF CONDUCT</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP">&nbsp;</td>
    <td VALIGN="TOP" COLSPAN="3"><font SIZE="2">
    <p ALIGN="LEFT">The Executive will comply with all codes of conduct adopted
    from time to time by the Board (including, without limitation, the Company's
    Integrity Policy, a copy of which has been provided to the Executive) and
    with all applicable rules and regulations of the UK Listing Authority and
    any other relevant regulatory bodies, including the Model Code on dealings
    in securities.</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP"><font SIZE="2"><b>
    <p ALIGN="LEFT">14.</b></font></td>
    <td VALIGN="TOP" COLSPAN="3"><font SIZE="2"><b>
    <p ALIGN="LEFT">INTELLECTUAL PROPERTY</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">14.1</font></td>
    <td VALIGN="TOP" COLSPAN="3"><font SIZE="2">
    <p ALIGN="LEFT">If the Executive (whether alone or with others) shall at any
    time during the period of this Agreement make an invention (whether or not
    patentable) within the meaning of the Patents Act 1977 (as amended)
    (hereinafter called <b>&quot;Invention&quot;</b>) relating to or capable of being used in the
    business of the Company or any other Group Company he shall promptly
    disclose to the Company full details thereof to enable the Company to assess
    the Invention and to determine whether under the applicable law the
    Invention is the property of the Company or other Group Company.</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">14.2</font></td>
    <td VALIGN="TOP" COLSPAN="3"><font SIZE="2">
    <p ALIGN="LEFT">If any Invention belongs to the Company the Executive shall
    consider himself as a trustee for the Company in relation to each such
    Invention and shall, at the request and expense of the Company, do all
    things necessary to vest all right, title and interest in any such Invention
    in the Company or its nominee absolutely as legal and beneficial owner and
    to secure and preserve full patent or other appropriate forms of protection
    therefor in any part of the world.</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">14.3</font></td>
    <td VALIGN="TOP" COLSPAN="3"><font SIZE="2">
    <p ALIGN="LEFT">If an Invention does not belong to the Company, the Company
    shall have the right to acquire for itself or its nominee the Executive's
    rights therein within three (3) months after disclosure pursuant to
    sub-clause 14.1 of this clause on fair and reasonable terms to be agreed or
    in default of agreement within one (1) month to be acquired at a price to be
    determined by a single expert to be nominated in default of agreement, at
    the request of either the Company or the Executive, by the President for the
    time being of the Chartered Institute of Patent Agents or in default by the
    Courts.</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">14.4</font></td>
    <td VALIGN="TOP" COLSPAN="3"><font SIZE="2">
    <p ALIGN="LEFT">If the Executive (whether alone or with others) shall at any
    time during the period of this agreement create or make any discovery,
    design or other work (whether registrable or not and whether or not a
    copyright work), which is not an Invention or made or created by the
    Executive and wholly unconnected with this Agreement (hereinafter called
    <b>&quot;Works&quot;</b>), the Executive shall forthwith disclose to the Company full details
    thereof and shall consider himself as a trustee for the Company in relation
    to all such Works. The Executive shall at the request and expense of the
    Company execute and do all instruments and things necessary to vest all
    right, title and interest in and to any such Works in the Company or its
    nominee absolutely as legal and beneficial owner.</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">14.5</font></td>
    <td VALIGN="TOP" COLSPAN="3"><font SIZE="2">
    <p ALIGN="LEFT">In consideration of the Company entering into this Agreement
    the Executive hereby assigns to the Company by way of assignment of future
    copyright the copyright, design and other proprietary rights if any for the
    full term thereof throughout the world in respect of all copyright works
    created or made by the Executive during the Employment.</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">14.6</font></td>
    <td VALIGN="TOP" COLSPAN="3"><font SIZE="2">
    <p ALIGN="LEFT">If the Executive (whether alone or with others) shall at any
    time during the Employment generate any idea, method of information relating
    to the business, finances or affairs of the Company or capable of use by the
    Company or any other Group Company which is not an Invention or Works
    (hereinafter called <b>&quot;Information&quot;</b>) he shall promptly disclose to the Company
    full details thereof and the Executive acknowledges such Information belongs
    to the Company.</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">14.7</font></td>
    <td VALIGN="TOP" COLSPAN="3"><font SIZE="2">
    <p ALIGN="LEFT">Rights and obligations under this clause 14 shall continue
    in force after the termination of Employment (whether lawfully, unlawfully
    or in breach of contract) in respect of each Invention, Works and
    Information and shall be binding upon the representatives of the Executive.</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">14.8</font></td>
    <td VALIGN="TOP" COLSPAN="3"><font SIZE="2">
    <p ALIGN="LEFT">If so requested by the Company and save to the extent that
    it conflicts with (as opposed to adding to) the specific provisions of this
    Agreement, the Executive will enter into the Company's Employee Innovation
    and Proprietary Information Agreement (UK version), a copy of which has been
    provided to the Executive.</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP"><font SIZE="2"><b>
    <p ALIGN="LEFT">15.</b></font></td>
    <td VALIGN="TOP" COLSPAN="3"><font SIZE="2"><b>
    <p ALIGN="LEFT">DISCIPLINARY AND GRIEVANCE PROCEDURES</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">15.1</font></td>
    <td VALIGN="TOP" COLSPAN="3"><font SIZE="2">
    <p ALIGN="LEFT">There is no formal disciplinary procedure in relation to the
    Employment. If the Executive is dissatisfied with any disciplinary decision
    taken in relation to him he may appeal in writing to the Chairman of the
    Board within 7 days of that decision. The Chairman's decision shall be
    final.</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">15.2</font></td>
    <td VALIGN="TOP" COLSPAN="3"><font SIZE="2">
    <p ALIGN="LEFT">If the Executive has any grievance in relation to the
    Employment he may raise it in writing with the Chairman of the Board who
    will either propose a solution or refer the matter to the Board.</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP"><font SIZE="2"><b>
    <p ALIGN="LEFT">16.</b></font></td>
    <td VALIGN="TOP" COLSPAN="3"><font SIZE="2"><b>
    <p ALIGN="LEFT">TERMINATION</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">16.1</font></td>
    <td VALIGN="TOP" COLSPAN="3"><font SIZE="2">
    <p ALIGN="LEFT">If the Company terminates the Employment (other than
    pursuant to clause 16.6) or the Executive terminates the Employment in
    circumstances where he is entitled to do so as a result of a repudiatory
    breach of contract by the Company, the Company shall forthwith make a
    payment (the <b>&quot;Agreed Payment&quot;</b>) equal to 95 per cent. in the case of
    (a), (c) and (d) and 100% in the case of (b) of:</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP">&nbsp;</td>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">(a)</font></td>
    <td VALIGN="TOP" COLSPAN="2"><font SIZE="2">
    <p ALIGN="LEFT">the basic salary (calculated by reference to the Executive's
    basic salary at the date of termination of the Employment) which the
    Executive would have been entitled to receive under this Agreement during
    the remainder of the Employment Period (the <b>&quot;Relevant Period&quot;</b>); and</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP">&nbsp;</td>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">(b)</font></td>
    <td VALIGN="TOP" COLSPAN="2"><font SIZE="2">
    <p ALIGN="LEFT">the Executive's pension loss in respect of the arrangements
    in clause 8, which will be determined as the aggregate of:</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP">&nbsp;</td>
    <td VALIGN="TOP">&nbsp;</td>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">(i)</font></td>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">an amount equal to the amount certified by an actuary
    nominated by the Company (with the agreement of the Executive) as being
    equal to the cash equivalent transfer value (calculated using actuarial
    methods and assumptions consistent with those specified in Actuarial
    Guidance Note GN11 as in force at the relevant time) of the additional
    pension benefits which the Executive would have accrued if the Employment
    had continued throughout the Relevant Period; and</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP">&nbsp;</td>
    <td VALIGN="TOP">&nbsp;</td>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">(ii)</font></td>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">the premiums which the Company would have paid in respect of
    the Executive for life assurance during the Relevant Period; and</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP">&nbsp;</td>
    <td VALIGN="TOP">&nbsp;</td>
    <td VALIGN="TOP" COLSPAN="2"><font SIZE="2">
    <p ALIGN="LEFT">For the purposes of this sub-paragraph <b>pension benefits</b>
    shall also include life assurance and spouse and dependant's pension
    benefits.</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP">&nbsp;</td>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">(c)</font></td>
    <td VALIGN="TOP" COLSPAN="2"><font SIZE="2">
    <p ALIGN="LEFT">the cost to the Company of providing all the other benefits
    (excluding pension and bonus) that the Executive would have been entitled to
    receive during the Relevant Period or, if the Company in its absolute
    discretion decides, a sum based on an estimated cost to the Company of
    providing those benefits for the Relevant Period (which is agreed to be 10%
    of the Executive's basic salary for the Relevant Period (calculated by
    reference to the Executive's basic salary at the date of termination of
    Employment)); and</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP">&nbsp;</td>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">(d)</font></td>
    <td VALIGN="TOP" COLSPAN="2"><font SIZE="2">
    <p ALIGN="LEFT">a sum in respect of:</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP">&nbsp;</td>
    <td VALIGN="TOP">&nbsp;</td>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">(i)</font></td>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">any unpaid annual bonus for any completed year prior to
    termination of Employment; and</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP">&nbsp;</td>
    <td VALIGN="TOP">&nbsp;</td>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">(ii)</font></td>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">the annual bonus for the period from the commencement of the
    year in which the Employment terminates until the expiry of the Employment
    Period.</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP">&nbsp;</td>
    <td VALIGN="TOP">&nbsp;</td>
    <td VALIGN="TOP" COLSPAN="2"><font SIZE="2">
    <p ALIGN="LEFT">For the purposes of the above, the assumed annual bonus
    entitlement shall be the guaranteed minimum bonus of &pound;1,000,000.</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">16.2</font></td>
    <td VALIGN="TOP" COLSPAN="3"><font SIZE="2">
    <p ALIGN="LEFT">The Agreed Payment shall be subject to such deductions as
    may be required by law and shall be made in full and final settlement of any
    claims the Executive may have against the Company or any Group Company
    arising from the Employment or the termination thereof save any claim the
    Executive may have for personal injury or in respect of any accrued pension
    rights or rights in respect of previous awards or grants made under any
    share option or long term incentive scheme which shall be determined in
    accordance with the rules of the relevant scheme(s).</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">16.3</font></td>
    <td VALIGN="TOP" COLSPAN="3"><font SIZE="2">
    <p ALIGN="LEFT">All entitlements to basic salary and benefits (under clauses
    4, 7, 8, 9 and 10) that are accrued but unpaid as at the date of the
    termination of the Employment shall be paid by the Company to the Executive
    no later than 7 days after the date of the termination of Employment. </font>
    </td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP">&nbsp;</td>
    <td VALIGN="TOP" COLSPAN="3"><font SIZE="2">
    <p ALIGN="LEFT">In consideration for the payment of the Agreed Payment, the
    Executive agrees to remain bound by the restrictions contained in clauses 18
    and 19 of this Agreement.</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">16.4</font></td>
    <td VALIGN="TOP" COLSPAN="3"><font SIZE="2">
    <p ALIGN="LEFT">If and to the extent that under the rules of the plans under
    which the benefits described in Clauses 5.2 to 5.4 above are provided, the
    Executive would cease to be entitled to those benefits on termination of
    employment in circumstances in which the Agreed Payment is due under Clause
    16.1 prior to the end of the Employment Period, the Company shall procure
    that the Board exercises any necessary discretions to allow the Executive to
    retain those benefits. The financial measures and performance goals
    applicable to the PSUs and to the Long Term Performance Awards referred to
    in Clauses 5.2 and 5.4 will continue to apply. Any PSU payments will be
    based on the extent to which the performance goals for the full employment
    period have been met at the time of termination.</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">16.5</font></td>
    <td VALIGN="TOP" COLSPAN="3"><font SIZE="2">
    <p ALIGN="LEFT">It is recognised that the provisions set out in Clause 16.1
    above represent pre-agreed liquidated damages and reflect a genuine
    pre-estimate of the loss that would otherwise be suffered by the Executive
    and that the Executive is not required to mitigate his loss in relation to
    these pre-agreed liquidated damages.</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">16.6</font></td>
    <td VALIGN="TOP" COLSPAN="3"><font SIZE="2">
    <p ALIGN="LEFT">The Company may also terminate the Employment immediately
    and with no liability to make any further payment to the Executive (other
    than in respect of amounts accrued due at the date of termination) if the
    Executive:</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP">&nbsp;</td>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">(a)</font></td>
    <td VALIGN="TOP" COLSPAN="2"><font SIZE="2">
    <p ALIGN="LEFT">commits any serious or repeated breach of any of his
    obligations under this Agreement or his Employment;</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP">&nbsp;</td>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">(b)</font></td>
    <td VALIGN="TOP" COLSPAN="2"><font SIZE="2">
    <p ALIGN="LEFT">is guilty of serious misconduct which, in the Board's
    reasonable opinion, has damaged or may damage the business or affairs of the
    Company or any other Group Company;</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP">&nbsp;</td>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">(c)</font></td>
    <td VALIGN="TOP" COLSPAN="2"><font SIZE="2">
    <p ALIGN="LEFT">is guilty of conduct which, in the Board's reasonable
    opinion, brings or is likely to bring himself, the Company or any other
    Group Company into disrepute;</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP">&nbsp;</td>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">(d)</font></td>
    <td VALIGN="TOP" COLSPAN="2"><font SIZE="2">
    <p ALIGN="LEFT">is convicted of a criminal offence (other than a road
    traffic offence not subject to a custodial sentence);</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP">&nbsp;</td>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">(e)</font></td>
    <td VALIGN="TOP" COLSPAN="2"><font SIZE="2">
    <p ALIGN="LEFT">is disqualified from acting as a director of a company or by
    order of a competent court;</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP">&nbsp;</td>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">(f)</font></td>
    <td VALIGN="TOP" COLSPAN="2"><font SIZE="2">
    <p ALIGN="LEFT">is declared bankrupt or makes any arrangement with or for
    the benefit of his creditors or has an interim order made against him under
    Part VIII of the Insolvency Act 1986 or has a county court administration
    order made against him under the County Court Act 1984.</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP">&nbsp;</td>
    <td VALIGN="TOP" COLSPAN="3"><font SIZE="2">
    <p ALIGN="LEFT">Provided always that, where any such breach is capable of
    remedy, the Company shall not terminate pursuant to this Clause unless the
    Executive has failed to remedy the breach within 30 days of receiving a
    written notice from the Company specifying the breach and requiring him to
    remedy the same.</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP">&nbsp;</td>
    <td VALIGN="TOP" COLSPAN="3"><font SIZE="2">
    <p ALIGN="LEFT">This clause shall not restrict any other right the Company
    may have (whether at common law or otherwise) to terminate the Employment
    summarily. Any delay by the Company in exercising its rights under this
    clause shall not constitute a waiver of those rights.</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">16.7</font></td>
    <td VALIGN="TOP" COLSPAN="3"><font SIZE="2">
    <p ALIGN="LEFT">On termination of the Employment for whatever reason (and
    whether in breach of contract or otherwise) the Executive will:</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP">&nbsp;</td>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">(a)</font></td>
    <td VALIGN="TOP" COLSPAN="2"><font SIZE="2">
    <p ALIGN="LEFT">immediately deliver to the Company all books, documents,
    papers, computer equipment and records, computer data, credit cards, his
    company car together with its keys, and any other property relating to the
    business of or belonging to the Company or any other Group Company which is
    in his possession or under his control. The Executive is not entitled to
    retain copies or reproductions of any documents, papers or computer records
    relating to the business of or belonging to the Company or any other Group
    Company;</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP">&nbsp;</td>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">(b)</font></td>
    <td VALIGN="TOP" COLSPAN="2"><font SIZE="2">
    <p ALIGN="LEFT">immediately resign from any office he holds with the Company
    or any other Group Company (and from any related trusteeships) without any
    compensation for loss of office. Should the Executive fail to do so he
    hereby irrevocably authorises the Company to appoint some person in his name
    and on his behalf to sign any documents and do any thing to give effect to
    his resignation from office; and</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP">&nbsp;</td>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">(c)</font></td>
    <td VALIGN="TOP" COLSPAN="2"><font SIZE="2">
    <p ALIGN="LEFT">immediately pay to the Company or, as the case may be, any
    other Group Company all outstanding loans or other amounts due or owed to
    the Company or any Group Company. The Executive confirms that, should he
    fail to do so, the Company is to be treated as authorised to deduct from any
    amounts due or owed to the Executive by the Company (or any other Group
    Company) a sum equal to such amounts.</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">16.8</font></td>
    <td VALIGN="TOP" COLSPAN="3"><font SIZE="2">
    <p ALIGN="LEFT">Following termination of his Employment the Company will
    provide the Executive with access during normal working hours to Board
    Minutes of the Company and documents referred to therein, to the extent
    reasonably required by the Executive.</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">16.9</font></td>
    <td VALIGN="TOP" COLSPAN="3"><font SIZE="2">
    <p ALIGN="LEFT">The Executive will not at any time after termination of the
    Employment represent himself as being in any way concerned with or
    interested in the business of, or employed by, the Company or any other
    Group Company.</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP"><font SIZE="2"><b>
    <p ALIGN="LEFT">17.</b></font></td>
    <td VALIGN="TOP" COLSPAN="3"><font SIZE="2"><b>
    <p ALIGN="LEFT">SUSPENSION AND GARDENING LEAVE</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">17.1</font></td>
    <td VALIGN="TOP" COLSPAN="3"><font SIZE="2">
    <p ALIGN="LEFT">The Company shall be under no obligation to provide work for
    or assign any duties to the Executive for a maximum period of 6 months and
    may require him:</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP">&nbsp;</td>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">(a)</font></td>
    <td VALIGN="TOP" COLSPAN="2"><font SIZE="2">
    <p ALIGN="LEFT">not to attend any premises of the Company or any other Group
    Company; and/or</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP">&nbsp;</td>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">(b)</font></td>
    <td VALIGN="TOP" COLSPAN="2"><font SIZE="2">
    <p ALIGN="LEFT">to resign with immediate effect from any offices he holds
    with the Company or any other Group Company (and any related trusteeships);
    and/or</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP">&nbsp;</td>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">(c)</font></td>
    <td VALIGN="TOP" COLSPAN="2"><font SIZE="2">
    <p ALIGN="LEFT">to refrain from business contact with any customers, clients
    or executives of the Company or any Group Company; and/or</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP">&nbsp;</td>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">(d)</font></td>
    <td VALIGN="TOP" COLSPAN="2"><font SIZE="2">
    <p ALIGN="LEFT">to take any holiday which has accrued under clause 10 during
    any period of suspension under this clause 17.1.</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP">&nbsp;</td>
    <td VALIGN="TOP" COLSPAN="3"><font SIZE="2">
    <p ALIGN="LEFT">The provisions of clause 12.1 shall remain in full force and
    effect during any period of suspension under this clause 17.1. The Executive
    shall continue to be bound by duties of good faith and fidelity to the
    Company during any period of suspension under this clause 17.1.</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP">&nbsp;</td>
    <td VALIGN="TOP" COLSPAN="3"><font SIZE="2">
    <p ALIGN="LEFT">Any suspension under this clause 17.1 shall be on full
    salary and benefits.</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">17.2</font></td>
    <td VALIGN="TOP" COLSPAN="3"><font SIZE="2">
    <p ALIGN="LEFT">The Company may suspend the Executive from the Employment
    during any period in which the Company is carrying out a disciplinary
    investigation into any alleged acts or defaults of the Executive provided
    always that the Company shall undertake any such investigation as
    expeditiously as reasonably practicable taking into account the nature of
    the alleged acts or defaults. Such suspension shall be on full salary and
    benefits (save that the Executive shall not be entitled to earn or be paid
    any bonus in respect of any period of suspension on grounds of alleged
    misconduct or other serious breach of his obligations under this Agreement
    if he is subsequently found to be guilty of such misconduct or other serious
    breach of his obligation under this Agreement).</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP"><font SIZE="2"><b>
    <p ALIGN="LEFT">18.</b></font></td>
    <td VALIGN="TOP" COLSPAN="3"><font SIZE="2"><b>
    <p ALIGN="LEFT">RESTRAINT ON ACTIVITIES OF EXECUTIVE AND CONFIDENTIALITY</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP">&nbsp;</td>
    <td VALIGN="TOP" COLSPAN="3"><font SIZE="2">
    <p ALIGN="LEFT">Save insofar as such information is already in the public
    domain the Executive will keep secret and will not at any time (whether
    during the Employment or after its termination howsoever arising) use for
    his own or another's advantage, or reveal to any person, firm, company or
    organisation and shall use his best endeavours to prevent the publication or
    disclosure of any information which the Executive knows or ought reasonably
    to have known to be confidential, including (without limitation) finances,
    results of research, scientific studies or analysis, details of training or
    accounting methods, new products, sales promotions, reports, papers and data
    concerning the business or affairs of the Company or any other Group Company
    or any of its or their customers or suppliers.</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP">&nbsp;</td>
    <td VALIGN="TOP" COLSPAN="3"><font SIZE="2">
    <p ALIGN="LEFT">The restrictions in this clause shall not apply:</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP">&nbsp;</td>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">(a)</font></td>
    <td VALIGN="TOP" COLSPAN="2"><font SIZE="2">
    <p ALIGN="LEFT">to any disclosure made in the proper performance of the
    Executive's duties; or</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP">&nbsp;</td>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">(b)</font></td>
    <td VALIGN="TOP" COLSPAN="2"><font SIZE="2">
    <p ALIGN="LEFT">to any disclosure or use authorised by the Board or required
    by law or by the Employment; or</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP">&nbsp;</td>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">(c)</font></td>
    <td VALIGN="TOP" COLSPAN="2"><font SIZE="2">
    <p ALIGN="LEFT">so as to prevent the Executive from using his own personal
    skill in any business in which he may be lawfully engaged after the
    Employment is ended; or</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP">&nbsp;</td>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">(d)</font></td>
    <td VALIGN="TOP" COLSPAN="2"><font SIZE="2">
    <p ALIGN="LEFT">to prevent the Executive making a protected disclosure
    within the meaning of s43A of the Employment Rights Act 1996.</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP"><font SIZE="2"><b>
    <p ALIGN="LEFT">19.</b></font></td>
    <td VALIGN="TOP" COLSPAN="3"><font SIZE="2"><b>
    <p ALIGN="LEFT">POST-TERMINATION COVENANTS</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">19.1</font></td>
    <td VALIGN="TOP" COLSPAN="3"><font SIZE="2">
    <p ALIGN="LEFT">In this clause 19 the following expressions shall have the
    following meanings:</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP">&nbsp;</td>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">(a)</font></td>
    <td VALIGN="TOP" COLSPAN="2"><font SIZE="2"><b>
    <p ALIGN="LEFT">Prohibited Area</b> means England, Northern Ireland,
    Scotland, Wales, Belgium, Denmark, France, Germany, Greece, Italy, Ireland,
    Luxembourg, Netherlands, Portugal, Spain, Switzerland, Sweden, Norway,
    Canada, the United States of America, Australia, Japan and Russia;</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP">&nbsp;</td>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">(b)</font></td>
    <td VALIGN="TOP" COLSPAN="2"><font SIZE="2"><b>
    <p ALIGN="LEFT">Prohibited Business</b> means all or any of (a) the
    manufacture or supply of life science products and services for the purpose
    of DNA sequencing; drug development, and chromatography and electrophoresis
    systems for DNA synthesis; (b) the manufacture or supply of radio
    pharmaceutical products and services for diagnostic imagining; (c) the
    manufacture or supply of sealed sources for irradiation of cancer cells by
    implant radiotherapy; (d) the manufacture and supply of medical in <i>vivo</i>
    imaging contrast media; and (e) any other business carried on by the Company
    at the Termination Date and in respect of which the Executive had executive
    responsibilities;</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP">&nbsp;</td>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">(c)</font></td>
    <td VALIGN="TOP" COLSPAN="2"><font SIZE="2"><b>
    <p ALIGN="LEFT">Prohibited Company</b> means (a) Roche Applied Science; (b)
    Perkin Elmer Life Sciences; (c) Applera; (d) Millipore; (e) Bio-Rad
    Laboratories; (f) Affymetrix; (g) Waters Inc; (h) Invitrogen; (i) Promega;
    (j) Dupont Pharmaceuticals (BMS); (k) Syncor; (l) Schering AG; (m) Bracco;
    (n) Mallinckrodt; (o) Daiichi Pharmaceuticals/Seiyaku; (p) Alliance
    Pharmaceuticals Corp; (q) ImaRx; (r)&nbsp;Theragenics; (s) Sumitomo Chemicals;
    (t) Sumitomo Pharmaceuticals; (u)&nbsp;PetNet Inc; and (v) any corporate body
    (wherever incorporated) which is engaged or about to be engaged in the
    Prohibited Business and of which at least 50 per cent. of the equity share
    capital (as defined in Section 736 of the Companies Act 1985) is owned by
    any of the above companies (a) to (s), provided that the list of companies
    named in (a) - (s) above shall be as revised from to time by the Company
    following consultation with, and notification to, the Executive and shall be
    available from the Company Secretary;</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP">&nbsp;</td>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">(d)</font></td>
    <td VALIGN="TOP" COLSPAN="2"><font SIZE="2"><b>
    <p ALIGN="LEFT">Restricted Period</b> means the period of 12 months
    immediately following the Termination Date; and</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP">&nbsp;</td>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">(e)</font></td>
    <td VALIGN="TOP" COLSPAN="2"><font SIZE="2"><b>
    <p ALIGN="LEFT">Termination Date</b> means the date on which the Employment
    terminates (whether lawfully, unlawfully or in breach of contract).</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">19.2</font></td>
    <td VALIGN="TOP" COLSPAN="3"><font SIZE="2">
    <p ALIGN="LEFT">Since the Executive is likely to obtain during the
    Employment confidential information and knowledge of and influence over
    numerous customers of the Company and Group Companies the Executive hereby
    agrees with the Company (for itself and as trustee and agent for each other
    Group Company) that in addition to the other terms of this Agreement and
    without prejudice to the other restrictions imposed upon him by law, he will
    be bound by the following covenants:</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP">&nbsp;</td>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">(a)</font></td>
    <td VALIGN="TOP" COLSPAN="2"><font SIZE="2">
    <p ALIGN="LEFT">that he will not during the Restricted Period and within the
    Prohibited Area be employed by a Prohibited Company or by any other business
    which is or is about to be engaged in the Prohibited Business, in
    competition with the business of the Company or any other Group Company
    being carried on by the Company or other Group Company at the Termination
    Date and in which the Executive was directly concerned or connected at any
    time during the last 12 months of the Employment provided that this
    restriction shall not extend to any employment the performance of which
    could not involve the Executive in such competition;</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP">&nbsp;</td>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">(b)</font></td>
    <td VALIGN="TOP" COLSPAN="2"><font SIZE="2">
    <p ALIGN="LEFT">that he will not during the Restricted Period and within the
    Prohibited Area carry on for his own account or in partnership or for a
    Prohibited Company or any other person, firm or organisation (or be
    concerned as a director in any Prohibited Company or any other company
    engaged in) the Prohibited Business which is or is about to be in
    competition with the business of the Company or any other Group Company
    being carried on by the Company or other Group Company at the Termination
    Date and in which the Executive was concerned or connected at any time
    during the last 12 months of the Employment provided that this restriction
    shall not extend to any activity the performance of which could not involve
    the Executive in such competition;</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP">&nbsp;</td>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">(c)</font></td>
    <td VALIGN="TOP" COLSPAN="2"><font SIZE="2">
    <p ALIGN="LEFT">that he will not during the Restricted Period and within the
    Prohibited Area assist a Prohibited Company with technical advice in
    relation to the products or services manufactured or supplied by the Company
    or any other Group Company at any time during the last 12 months of the
    Employment and in respect of which the Executive had obtained confidential
    information at any time during the last 12 months of the Employment;</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP">&nbsp;</td>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">(d)</font></td>
    <td VALIGN="TOP" COLSPAN="2"><font SIZE="2">
    <p ALIGN="LEFT">that he will not during the Restricted Period and within the
    Prohibited Area, either on his own behalf or for any other person, firm or
    organisation entice or endeavour to entice away from the Company or any
    other Group Company any person who is employed or engaged by the Company or
    any Group Company as a director or in a managerial capacity and with whom
    the Executive had business contact at any time during the last 12 months of
    the Employment;</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP">&nbsp;</td>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">(e)</font></td>
    <td VALIGN="TOP" COLSPAN="2"><font SIZE="2">
    <p ALIGN="LEFT">that he will not during the Restricted Period (whether on
    his own account or on behalf of or in conjunction with any person, firm,
    company or other undertaking) solicit or endeavour to solicit or entice away
    or endeavour to entice away from the Company or any Group Company the
    business of any person, firm, company or other undertaking who or which
    shall have been at any time during the last 12 months of the Employment a
    customer of the Company or any Group Company in relation to the Prohibited
    Business and with whom the Executive has had dealings or personal contact as
    part of the Employment at any time during the last 12 months of the
    Employment so as to harm the goodwill of the Company or any Group Company or
    so as to compete with the Company or any Group Company; and</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP">&nbsp;</td>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">(f)</font></td>
    <td VALIGN="TOP" COLSPAN="2"><font SIZE="2">
    <p ALIGN="LEFT">that he will not during the Restricted Period (whether on
    his own account or on behalf of or in conjunction with any person, firm,
    company or other undertaking) have any business dealings with any person,
    firm, company or other undertaking who or which shall have been at any tie
    during the last 12 months of Employment a customer of the Company or any
    Group Company in relation to the Prohibited Business and with whom the
    Executive has had dealings or personal contact as part of the Employment
    during the last 12 months of the Employment so as to harm the goodwill of
    the Company or any Group Company so as to compete with the Company or any
    Group Company.</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">19.3</font></td>
    <td VALIGN="TOP" COLSPAN="3"><font SIZE="2">
    <p ALIGN="LEFT">The period during which the restrictions referred to in
    clauses 19.2(a) to (f) inclusive shall apply following the Termination Date
    shall be reduced by the amount of time during which, if at all, the Company
    suspends the Executive under the provisions of clause 17.1.</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP"><font SIZE="2"><b>
    <p ALIGN="LEFT">20.</b></font></td>
    <td VALIGN="TOP" COLSPAN="3"><font SIZE="2"><b>
    <p ALIGN="LEFT">EXECUTIVE'S POSITION AS DIRECTOR</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">20.1</font></td>
    <td VALIGN="TOP" COLSPAN="3"><font SIZE="2">
    <p ALIGN="LEFT">The Executive's duties as a director of the Company or any
    other Group Company are subject to the Statutes, Articles of Incorporation,
    Articles of Association or other governing documents of the relevant company
    for the time being.</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">20.2</font></td>
    <td VALIGN="TOP" COLSPAN="3">
    <p ALIGN="LEFT"><font size="2">For the avoidance of doubt, it is agreed that
    removal of the Executive as an executive officer of the Company or as Chief
    Executive Officer of the Company's Healthcare Division or as a Vice Chairman
    of the Board of Directors of the Company during the Employment Period
    (except in circumstances falling within clause 16.6) will constitute a
    repudiatory breach of contract by the Company.</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP"><font SIZE="2"><b>
    <p ALIGN="LEFT">21.</b></font></td>
    <td VALIGN="TOP" COLSPAN="3"><font SIZE="2"><b>
    <p ALIGN="LEFT">WAIVER OF RIGHTS</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP">&nbsp;</td>
    <td VALIGN="TOP" COLSPAN="3"><font SIZE="2">
    <p ALIGN="LEFT">If the Employment is terminated by either party and the
    Executive is offered re-employment by the Company (or employment with
    another Group Company) on terms no less favourable in all material respects,
    including appointment to the Board, than the terms of the Employment under
    this Agreement, the Executive shall have no claim against the Company in
    respect of such termination.</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP"><font SIZE="2"><b>
    <p ALIGN="LEFT">22.</b></font></td>
    <td VALIGN="TOP" COLSPAN="3"><font SIZE="2"><b>
    <p ALIGN="LEFT">DATA PROTECTION</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">22.1</font></td>
    <td VALIGN="TOP" COLSPAN="3"><font SIZE="2">
    <p ALIGN="LEFT">The Executive consents to the Company and any Group Company
    processing data relating to him at any time (whether before, during or after
    the Employment) for the following purposes:</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP">&nbsp;</td>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">(a)</font></td>
    <td VALIGN="TOP" COLSPAN="2"><font SIZE="2">
    <p ALIGN="LEFT">performing its obligations under the Agreement;</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP">&nbsp;</td>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">(b)</font></td>
    <td VALIGN="TOP" COLSPAN="2"><font SIZE="2">
    <p ALIGN="LEFT">the legitimate interests of the Company and any Group
    Company including any sickness policy, working time policy, investigating
    acts or defaults (or alleged or suspected acts or defaults) of the
    Executive, security, management forecasting or planning and negotiations
    with the Executive;</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP">&nbsp;</td>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">(c)</font></td>
    <td VALIGN="TOP" COLSPAN="2"><font SIZE="2">
    <p ALIGN="LEFT">processing in connection with any merger, sale or
    acquisition of a company or business in which the Company or any Group
    Company is involved or any transfer of any business in which the Executive
    performs his duties; and</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP">&nbsp;</td>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">(d)</font></td>
    <td VALIGN="TOP" COLSPAN="2"><font SIZE="2">
    <p ALIGN="LEFT">transferring data to countries outside the European Economic
    Area for the purposes of regulatory or statutory filings on behalf of the
    Company or any Group Company.</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">22.2</font></td>
    <td VALIGN="TOP" COLSPAN="3"><font SIZE="2">
    <p ALIGN="LEFT">The Executive explicitly consents to the Company or any
    Group Company processing sensitive personal data (within the meaning of the
    Data Protection Act 1998) at any time (whether before, during or after the
    Employment) for the following purposes:</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP">&nbsp;</td>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">(a)</font></td>
    <td VALIGN="TOP" COLSPAN="2"><font SIZE="2">
    <p ALIGN="LEFT">where the sensitive personal data relates to the Executive's
    health, any processing in connection with the operation of the Company's (or
    any Group Company's) sickness policy or any relevant pension scheme or
    monitoring absence;</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP">&nbsp;</td>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">(b)</font></td>
    <td VALIGN="TOP" COLSPAN="2"><font SIZE="2">
    <p ALIGN="LEFT">where the sensitive personal data relates to an offence
    committed, or allegedly committed, by the Executive or any related
    proceedings, processing for the purpose of the Company's or any Group
    Company's disciplinary purposes;</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP">&nbsp;</td>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">(c)</font></td>
    <td VALIGN="TOP" COLSPAN="2"><font SIZE="2">
    <p ALIGN="LEFT">for all sensitive personal data, any processing in
    connection with any merger, sale or acquisition of a company or business in
    which the Company or any Group Company is involved or any transfer of any
    business in which the Executive performs his duties; and</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP">&nbsp;</td>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">(d)</font></td>
    <td VALIGN="TOP" COLSPAN="2"><font SIZE="2">
    <p ALIGN="LEFT">for all sensitive personal data, any processing in the
    legitimate interests of the Company or any Group Company.</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP"><font SIZE="2"><b>
    <p ALIGN="LEFT">23.</b></font></td>
    <td VALIGN="TOP" COLSPAN="3"><font SIZE="2"><b>
    <p ALIGN="LEFT">EMAIL AND INTERNET USE</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP">&nbsp;</td>
    <td VALIGN="TOP" COLSPAN="3"><font SIZE="2">
    <p ALIGN="LEFT">The Executive agrees to be bound by and to comply with the
    terms of the Company's email and internet policy as amended from time to
    time.</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP"><font SIZE="2"><b>
    <p ALIGN="LEFT">24.</b></font></td>
    <td VALIGN="TOP" COLSPAN="3"><font SIZE="2"><b>
    <p ALIGN="LEFT">CONTRACTS (RIGHTS OF THIRD PARTIES) ACT 1999</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP">&nbsp;</td>
    <td VALIGN="TOP" COLSPAN="3"><font SIZE="2">
    <p ALIGN="LEFT">A person who is not a party to this Agreement shall have no
    right under the Contracts (Rights of Third Parties) Act 1999 to enforce any
    of its terms, save that the spouse of the Executive shall be entitled to
    enforce the Company's obligations to the Executive under Clauses 8 and 9
    (only) but the consent of such spouse shall not be required to any
    rescission or variation of any term of this Agreement.</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP"><font SIZE="2"><b>
    <p ALIGN="LEFT">25.</b></font></td>
    <td VALIGN="TOP" COLSPAN="3"><font SIZE="2"><b>
    <p ALIGN="LEFT">MISCELLANEOUS</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">25.1</font></td>
    <td VALIGN="TOP" COLSPAN="3"><font SIZE="2">
    <p ALIGN="LEFT">Any notice to be given under this Agreement to the Executive
    may be served by being handed to him personally or by being sent by recorded
    delivery first class post to him at his usual or last known address; and any
    notice to be given to the Company may be served by being left at or by being
    sent by recorded delivery first class post to its registered office for the
    time being. Any notice served by post shall be deemed to have been served on
    the day (excluding Sundays and statutory holidays) next following the date
    of posting and in proving such service it shall be sufficient proof that the
    envelope containing the notice was properly addressed and posted as a
    prepaid letter by recorded delivery first class post.</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">25.2</font></td>
    <td VALIGN="TOP" COLSPAN="3"><font SIZE="2">
    <p ALIGN="LEFT">Any reference in this Agreement to an Act of Parliament
    shall be deemed to include any statutory modification or re-enactment
    thereof.</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">25.3</font></td>
    <td VALIGN="TOP" COLSPAN="3"><font SIZE="2">
    <p ALIGN="LEFT">This Agreement is governed by, and shall be construed in
    accordance with, the laws of England.</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">25.4</font></td>
    <td VALIGN="TOP" COLSPAN="3"><font SIZE="2">
    <p ALIGN="LEFT">This Agreement will, with effect from the Effective Date,
    replace all agreements (save for the existing pension arrangements referred
    to in Clause 8) between the Executive and Amersham plc or any other Group
    Company.</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="4"><font SIZE="2"><b>
    <p ALIGN="LEFT">&nbsp;</b></font></td>
  </tr>
</TABLE>

<font SIZE="2">
<p ALIGN="LEFT"></p>
</font>
<p>&nbsp;</p>




<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" WIDTH="262" style="border-collapse: collapse" bordercolor="#111111">
  <tr>
    <td WIDTH="98%" VALIGN="TOP"><font SIZE="2"><b>
    <p ALIGN="LEFT">SIGNED</b> as a <b>DEED</b> and</font></td>
    <td WIDTH="2%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">)</font></td>
  </tr>
  <tr>
    <td WIDTH="98%" VALIGN="TOP"><font SIZE="2"><b>
    <p ALIGN="LEFT">DELIVERED</b> by the</font></td>
    <td WIDTH="2%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">)</font></td>
  </tr>
  <tr>
    <td WIDTH="98%" VALIGN="TOP"><font SIZE="2"><b>
    <p ALIGN="LEFT">EXECUTIVE</b> in the presence of:</font></td>
    <td WIDTH="2%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">)</font></td>
  </tr>
  <tr>
    <td WIDTH="98%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">&nbsp;</font></td>
    <td WIDTH="2%" VALIGN="TOP">&nbsp;</td>
  </tr>
  <tr>
    <td WIDTH="98%" VALIGN="TOP"><font SIZE="2"><b>
    <p ALIGN="LEFT">SIGNED</b> for and on behalf of the</font></td>
    <td WIDTH="2%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">)</font></td>
  </tr>
  <tr>
    <td WIDTH="98%" VALIGN="TOP"><font SIZE="2"><b>
    <p ALIGN="LEFT">GENERAL ELECTRIC COMPANY</b>:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></td>
    <td WIDTH="2%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="LEFT">)</font></td>
  </tr>
</TABLE>





<font SIZE="2">
<p ALIGN="LEFT"></p>
<HR Style='page-break-after:always'>
<P>&nbsp;</P>
<b>
<p ALIGN="CENTER">SCHEDULE</p>
<ul>
  </b>
  <li>The Amersham Supplementary Pension Scheme No. 2 Trust Deed - 27 March 1992
  (FURBS)<br>
  &nbsp;</li>
  <li>Deed Poll 'Nycomed Amersham Unfunded Unapproved Pension Arrangement for
  Mr. William Martin Castell' made on 29 April 1999<br>
  &nbsp;</li>
  <li>Letter dated 20 June 1996 from Amersham International plc to Mr. W. M.
  Castell<br>
  &nbsp;</li>
  <li>Letter dated 1 April 1999 from Nycomed Amersham plc to Mr. W. M. Castell
  with attachments: <br>
  &nbsp;<ul>
    <li>W. M. Castell Previous Benefits<br>
    &nbsp;</li>
    <li>Nycomed Amersham plc - New Pension Arrangements for Directors<br>
    &nbsp;</li>
    <li>W. M. Castell - Nycomed Amersham Unapproved Top-up Pension Arrangements
    Questions and Answer Leaflet for Executives (Watson Wyatt)<br>
    &nbsp;</li>
  </ul>
  </li>
  <li>Nycomed Amersham plc - Consolidated Note on the New Arrangements for the
  Retirement Benefits of Executive Directors (plus Appendix) ( Watson Wyatt)<br>
  &nbsp;</li>
  <li>Certified true copy of an extract (sub-titled R/122 Review of Directors
  Remuneration) from the minutes of a meeting of the Remuneration Committee of
  Nycomed Amersham plc held on 22 February 2001</li>
</ul>
</font>

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