Ceo Employment Agreement

Exhibit 10.6 Asthmatx February 10, 2004 Glen French Asthmatx, Inc.(Hand Delivered) 1340 Space Park Way Mountain View, CA 94043 Asthmatx.com 650 810 1100 T 650 810 1101 F Dear Glen:I am pleased to offer you the position of President and CEO at Asthmatx, Inc. The purpose of this letter is to outline the offer and terms of your employment. Job Title: President and CEO Starting Date: December 30, 2003 Salary: $20,758.34 per month (annualizes to $249,100 per year) Bonus: You will be eligible to participate in the Company' s performance-based bonus program. Stock Options: The stock option awards you had at Broncus will be replicated in Asthmatx and your vesting in Asthmatx shares will continue until the sooner of full vesting or your termination of employment with the Company. The stock option awards you had in Broncus ceased vesting on December 30, 2003. You are able to exercise vested Broncus shares up to the end of the original 10 year life of each option or upon your termination of employment with Asthmatx, Inc., whichever is earlier. Benefits: Asthmatx has an employee group insurance plan which, in short, provides medical, dental, life, and AD&D. In addition, we expect to offer a 401(k) savings plan, and a Section 125 pretax medical/childcare expense reimbursement plan. Vacation: At least three weeks paid vacation will be accrued per year in ...