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Exhibit 10.42
Hansen Medical, Inc.
800 East Middlefield Road
Mountain View, CA 94043
October 28, 2014
Christopher P. Lowe
Interim Chief Financial Officer
Dear Chris:
This letter serves to confirm that effective November 3, 2014, your employment with Hansen Medical, Inc. (the “Company”) shall be converted to part-time basis and you shall retain your position as Interim Chief Financial Officer of the Company employed on an “at will” basis. Your base salary shall be pro-rated in an amount proportionate to your part-time status. Please sign below to acknowledge and agree to this arrangement and confirm that this arrangement will not constitute “Good Reason,” nor will it be considered to be a “Good Reason Condition,” under your employment arrangement with the Company.
Sincerely, |
/s/ Cary G. Vance |
Cary G. Vance |
President and CEO |
Acknowledged and Agreed: | ||
By: | /s/ Christopher P. Lowe | |
Name: | Christopher P. Lowe | |
Title: | Interim Chief Financial Officer |