AUXILIUM PHARMACEUTICALS INC
SEPARATION OF EMPLOYMENT AGREEMENT - JANE H. HOLLINGSWORTH
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<TYPE>EX-10.33
<SEQUENCE>6
<FILENAME>dex1033.htm
<DESCRIPTION>SEPARATION OF EMPLOYMENT AGREEMENT - JANE H. HOLLINGSWORTH
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<TITLE>Separation of Employment Agreement - Jane H. Hollingsworth</TITLE>
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 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2"><B>Exhibit 10.33 </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT
SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><U>SEPARATION OF EMPLOYMENT AGREEMENT AND </U> </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT
SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><U>MUTUAL GENERAL RELEASES</U> </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">WHEREAS Jane H. Hollingsworth (hereinafter &#147;Ms. Hollingsworth&#148;) has been employed by Auxilium Pharmaceuticals, Inc. (hereinafter
&#147;Auxilium&#148;) in the position of Executive Vice President, Secretary and General Counsel; and </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">WHEREAS Ms. Hollingsworth and Auxilium are parties to an Employment Agreement entered into as of April 21, 2004 (hereinafter &#147;the Employment
Agreement&#148;); and </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">WHEREAS Auxilium gave notice to Ms.
Hollingsworth on August 31, 2004 of its intention to terminate Ms. Hollingsworth&#146;s employment without cause; and </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">WHEREAS Ms. Hollingsworth and Auxilium mutually desire to terminate amicably Ms. Hollingsworth&#146;s employment with Auxilium effective December 31, 2004
and to terminate the Employment Agreement effective December 31, 2004 except as set forth herein. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">IT IS HEREBY AGREED by and between Ms. Hollingsworth and Auxilium as follows: </FONT></P> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT
SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">1. Ms. Hollingsworth, for and in consideration of the undertakings of Auxilium set forth herein, and intending to be legally
bound, does hereby permanently and irrevocably sever her employment relationship with Auxilium as of December 31, 2004 (the &#147;Separation Date&#148;), and also does hereby REMISE, RELEASE AND FOREVER DISCHARGE Auxilium and its subsidiaries and
affiliated entities, and, in their capacities as such, its and their officers, directors, shareholders, employees and agents, its and their respective successors and assigns, heirs, executors, and administrators (hereinafter referred </FONT>
</P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">- 1 - </FONT></P>


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<FONT FACE="Times New Roman" SIZE="2">to collectively as &#147;RELEASEES&#148;) of and from any and all actions and causes of actions, suits, debts, claims and demands whatsoever in law or in
equity, which she ever had, now has, or which her heirs, executors or administrators may have, by reason of any matter, cause or thing whatsoever, from the beginning of her employment with Auxilium up to and including the Separation Date, and
particularly, but without limitation, any claims arising from or relating in any way to her employment relationship or the termination of her employment relationship with Auxilium, including, but not limited to, any claims which have been asserted,
could have been asserted or could be asserted now or in the future, including any claims under any federal, state or local laws, including but not limited to the Pennsylvania Human Relations Act, 43 P.S. &#167;951 <U>et</U> <U>seq</U>; Title VII of
the Civil Rights Act of 1964, <U>as</U> <U>amended</U>, 42 U.S. C. &#167;2000e <U>et</U> <U>seq</U>., the Age Discrimination in Employment Act, 29 U.S.C. &#167;621 <U>et</U> <U>seq</U>., the Americans with Disabilities Act, 42 U.S.C. &#167;12101
<U>et</U> <U>seq</U>.; any claims relating to or arising under the Employment Agreement, any common law contract or tort claims now or hereafter recognized, and all claims for counsel fees and costs. </FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">2. Auxilium, for and in consideration of the undertakings of Ms.
Hollingsworth as set forth herein, and intending to be legally bound, does hereby REMISE, RELEASE AND FOREVER DISCHARGE Ms. Hollingsworth, of and from any and all actions and causes of actions, suits, debts, claims and demands whatsoever in law or
in equity, which it ever had, now has, or which its heirs, executors or administrators may have, by reason of any matter, cause or thing whatsoever, with the exception of matters arising from or relating to Ms. Hollingsworth&#146;s fraudulent or
illegal acts, from the beginning of its employment of Ms. Hollingsworth up to and including the Separation </FONT>
</P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
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<FONT FACE="Times New Roman" SIZE="2">Date, and particularly, but without limitation, any claims arising from or relating in any way to its employment relationship or the termination of its
employment relationship with Ms. Hollingsworth. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">3. In full
consideration of Ms. Hollingsworth&#146;s execution of this Separation of Employment Agreement and General Release, provided that it is not revoked pursuant to paragraph 15 herein, and her agreement to be legally bound by its terms, Auxilium agrees
to: </FONT></P> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(a) pay Ms. Hollingsworth her fully salary and provide
Ms. Hollingsworth with full benefits pursuant to her Employment Agreement through December 31, 2004; </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(b) provide Ms. Hollingsworth with nine (9) months of severance benefits, beginning on January 1, 2005, as set forth in Section 2.1 (b)(I) of the
Employment Agreement, with such severance benefits to be provided in accordance with the terms of that provision and based upon Ms. Hollingsworth&#146;s current annual Base Salary of $213,471; </FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(c) if Ms. Hollingsworth elects under COBRA to continue the medical, dental
and prescription drug coverage in effect as of December 31, 2004, then pursuant to and in accordance with the terms of Section 2.1 (b) (ii) of the Employment Agreement, Auxilium will pay the COBRA premiums for such coverage from January 1, 2005
through March 31, 2006, provided that Auxilium&#146;s obligation to continue to pay the COBRA premiums for such coverage will cease when Ms. Hollingsworth becomes eligible to receive such benefits from another employer and Ms. Hollingsworth agrees
to promptly notify Auxilium if she becomes eligible to receive such benefits from another employer; </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
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 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(d) provide Ms. Hollingsworth with her current automobile allowance through December 31, 2004;
</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(e) cooperate with Ms. Hollingsworth regarding the conversion
of her current life insurance policy to an individual policy; </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman"
SIZE="2">(f) provide Ms. Hollingsworth with a laptop computer comparable to the one she currently uses; </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(g) pay to Ms. Hollingsworth, on or before January 15, 2005, her accrued but unused vacation benefits as of December 31, 2004; </FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(h) defend, indemnify and hold harmless Ms. Hollingsworth from any claims
brought against her relating to her employment relationship, ownership interest or official status with Auxilium in accordance with the provisions of Auxilium&#146;s Fifth Restated Certificate of Incorporation, paragraph Seventh A, and Ms.
Hollingsworth agrees to cooperate with Auxilium in the defense of any such claims; </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:8%"><FONT
FACE="Times New Roman" SIZE="2">(i) vest Ms. Hollingsworth&#146;s stock options and restricted stock in accordance with the express terms of the Employee Stock Option Plan and Restricted Stock Plan; </FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(j) not contest Ms. Hollingsworth&#146;s claim for unemployment compensation
benefits, although Ms. Hollingsworth recognizes that any determination as to her eligibility for such benefits will not be made by Auxilium. but rather by the Pennsylvania Department of Labor; </FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">- 4 - </FONT></P>


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 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(k) pay to Ms. Hollingsworth, attorneys, Console Law Offices, LLC, Five Thousand Dollars ($5,000.00) for
legal fees incurred in connection with the negotiation of this Agreement; and </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:8%"><FONT
FACE="Times New Roman" SIZE="2">(l) issue an announcement within five (5) working days of Ms. Hollingsworth&#146;s execution of this Agreement, in the form attached to as Exhibit &#147;A.&#148; </FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">4. All payments to be made pursuant to paragraphs 3(a) and 3(c) hereunder
shall be subject to payroll deductions required by law or authorized by Ms. Hollingsworth. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT
FACE="Times New Roman" SIZE="2">5. Except as set forth herein, it is expressly agreed and understood that, after the Separation Date, Auxilium will not have any obligation to provide Ms. Hollingsworth at any time in the future with any payments,
benefits or considerations other than those recited in paragraphs 3(a) - 3(l) above other than any vested benefits to which Ms. Hollingsworth may be entitled under the terms of Auxilium&#146;s benefit plans. </FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">6. The parties agree that after September 30, 2004, Ms. Hollingsworth will no
longer serve as Auxilium&#146;s Executive Vice President, Secretary and General Counsel, and that between October 1, 2004 and December 31, 2004, Ms. Hollingsworth will be permitted to work from home, with the exception of a meeting with Ms. Henwood
one day per month, to be scheduled at the mutual convenience of Ms. Hollingsworth and Ms. Henwood, to discuss the status of the projects listed below. In addition, between October 1, 2004 and December 31, 2004, Ms. Hollingsworth will only be
responsible for undertaking the following activities: </FONT></P> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(a)
attending a meeting of Auxilium Holdings Inc., to take place in Wilmington, Delaware in November, following which Ms. Hollingsworth agrees to formally resign from the Board of the Delaware Holding Company of Auxilium; </FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">- 5 - </FONT></P>


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 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(b) documenting the status of, and actions that have been taken in, the patent arena with respect to
products and dose forms, and preparing an outline of a proposed plan for such matters; </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:8%"><FONT
FACE="Times New Roman" SIZE="2">(c) updating management with respect to the status of Auxilium&#146;s trademarks and its future plans for trademarks for Auxilium and its products; and </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT
SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(d) undertaking research into whether Auxilium&#146;s &#147;unique trade dress&#148; is protectable and able to be retained
as the unique &#147;look&#148; for Testim<FONT FACE="Times New Roman" SIZE="1" COLOR="#000000"><SUP>&#153;<FONT FACE="Times New Roman" SIZE="2" COLOR="#000000"></FONT></SUP><FONT FACE="Times New Roman" SIZE="2" COLOR="#000000"></FONT></FONT> in the
event that products generic to Testim<FONT FACE="Times New Roman" SIZE="1" COLOR="#000000"><SUP>&#153;<FONT FACE="Times New Roman" SIZE="2" COLOR="#000000"></FONT></SUP><FONT FACE="Times New Roman" SIZE="2" COLOR="#000000"></FONT></FONT> were to
enter the market in the future. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">7. Ms. Hollingsworth expressly
acknowledges: </FONT></P> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(a) her ongoing obligations to Auxilium under
Sections 4, 5, 6 and 7 of the Employment Agreement, which shall remain in full force and effect; and, </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(b) the provisions of Section 8 of the Employment Agreement, which shall remain in full force and effect; and </FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
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 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(c) that, pursuant to Section 2.1 (c) of the Employment Agreement, Auxilium&#146;s obligations to provide
her with the benefits set forth in paragraphs 3(b) and 3(c) of this Agreement are expressly contingent upon her ongoing compliance with Sections 4, 5, 6, and 7 of the Employment Agreement. </FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">8. Ms. Hollingsworth hereby agrees and recognizes that her employment
relationship with Auxilium will be, effective December 31, 2004, permanently and irrevocably severed and that Auxilium has no obligation, contractual or otherwise, to hire, rehire or re-employ her in the future, and she agrees not to seek
re-employment with Auxilium. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">9. Ms. Hollingsworth agrees to
reasonably cooperate with Auxilium in connection with the transition of her duties, with any pending or future claims against Auxilium as to which Ms. Hollingsworth has knowledge, and with any matters with which Employee was involved during her
employment with Auxilium. Auxilium agrees to reimburse Ms. Hollingsworth for any reasonable expenses incurred in connection with this provision, upon the submission of appropriate documentation of said expenses. Auxilium also agrees to reimburse Ms.
Hollingsworth for any time spent by Ms. Hollingsworth pursuant to this paragraph after December 31, 2004, at a rate of $200 per hour, after Ms. Hollingsworth provides up to fourteen (14) hours of cooperation without charge. </FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">10. Ms. Hollingsworth agrees and acknowledges that the agreement by Auxilium,
described herein, is not and shall not be construed to be an admission of any violation of any federal, state or local statute or regulation, or of any duty owed by Auxilium and that this agreement is made voluntarily to provide an amicable
conclusion of her employment relationship with Auxilium. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
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 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">11. Ms. Hollingsworth agrees, covenants and promises that she has not communicated or disclosed, and will
not hereafter communicate or disclose, the terms of this Separation of Employment Agreement and General Release to any persons with the exception of members of her immediate family, her attorney, and her accountant or tax advisor, each of whom shall
be informed of this confidentiality obligation and shall be bound by its terms, or any taxing authority. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">12. Ms. Hollingsworth agrees that she will not disparage the personal or professional reputation of Auxilium, its directors, officers, or employees, and
Auxilium agrees that it will not disparage the personal or professional reputation of Ms. Hollingsworth. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">13. Ms. Hollingsworth hereby certifies that: </FONT></P> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(a) she has read the terms of this Separation of Employment Agreement and General Release; </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT
SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(b) she has been informed by Auxilium, through this document, that she should discuss this Agreement with an attorney of her
own choice and has had the opportunity to do so; </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(c) she
understands the terms and effects of this Agreement; </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
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 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">(d) she has the intention of releasing all claims recited herein in exchange for the consideration
described herein, which she acknowledges as adequate and satisfactory to her; and </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:8%"><FONT
FACE="Times New Roman" SIZE="2">(e) neither Auxilium nor any of its agents, representatives or attorneys has made any representations to Ms. Hollingsworth concerning the terms or effects of this Separation of Employment Agreement and General Release
other than those contained herein. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">14. This Agreement shall be
governed by and interpreted under the laws of the Commonwealth of Pennsylvania without giving effect to any conflict of laws provisions or canons of construction that construe agreements against the draftsperson. </FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">15. Ms. Hollingsworth acknowledges that she has been informed that she has
the right to consider this Agreement for a period of at least twenty-one (21) days prior to entering into this Agreement. She further acknowledges that she has the right to revoke this Agreement within seven (7) days of its execution by giving
written notice of such revocation by hand delivery or fax within said seven (7) day period to Auxilium, Attention: Gerri Henwood, and that if she does exercise this right, this Agreement shall be null and void. </FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">16. Any controversy or claim arising out of or relating to this Agreement
shall be settled by a singe arbitrator in an arbitration administered by the American Arbitration under its National Rules for the Resolution of Employment Disputes and judgment upon the award rendered by the arbitrator may be entered in any court
having jurisdiction thereof. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
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 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">17. The parties affirm that the terms stated herein are the only consideration for signing this
Agreement, than no other representations, promises, or agreements of any kind have been made to or with them by any person or entity whatsoever to cause them to sign this Agreement. Except as set forth herein, this Agreement contains and constitutes
the entire understanding and agreement between the parties and supersedes and cancels all previous negotiations, agreements, commitments, and writings in connection therewith. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT
SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">IN WITNESS WHEREOF, and intending to be legally bound hereby, the parties have executed the foregoing Separation of
Employment Agreement and Mutual Release this 1st day of October, 2004. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
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<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">WITNESS:</FONT></P></TD>
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<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P><HR WIDTH="91%" SIZE="1" NOSHADE COLOR="#000000" ALIGN="left"></TD>
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<TD VALIGN="top" COLSPAN="3"> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">/s/ Jane H. Hollingsworth</FONT></P><HR WIDTH="79%" SIZE="1" NOSHADE COLOR="#000000"
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<TD VALIGN="top" COLSPAN="3"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Jane H. Hollingsworth</FONT></P></TD></TR>
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<TD VALIGN="top" COLSPAN="3"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Auxilium Pharmaceuticals Inc.</FONT></P></TD></TR>
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<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P><HR WIDTH="91%" SIZE="1" NOSHADE COLOR="#000000" ALIGN="left"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
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<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">BY:</FONT></P></TD>
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<TD VALIGN="bottom"> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">/s/ Gerri A. Henwood</FONT></P><HR WIDTH="81%" SIZE="1" NOSHADE COLOR="#000000" ALIGN="left"></TD></TR>
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<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">TITLE:</FONT></P></TD>
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<TD VALIGN="bottom"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Chief Executive Officer</FONT></P></TD></TR>
</TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">- 10 - </FONT></P>

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