EX-10.1
from 10-Q
18 pages
1. Separation. as of the Date Hereof, We Hereby Acknowledge Your Intent to Resign on the Close of Business on December 31, 2024 (The “Separation Date”), With Great Thanks for Your Valuable Contributions to the Company to Date. You and the Company Agree That You Intend to Continue to Be Employed and Will Provide Agreed Upon Reasonable Transition Services to the Company Through the Separation Date (The “Transition Period”). During the Transition Period, You May Engage in Outside Business Activities With Non-Competitive Entities So Long as They Do Not Materially Interfere With the Performance of Your Duties or Pose a Conflict of Interest; Provided That for So Long as You Remain Employed by the Company You Shall Be Subject to the Company’s Code of Business Conduct and Ethics, Related-Party Transaction Policy and Other Relevant Policies, as Reasonably Administered by the Company in a Manner Consistent With Past Practice, and Provided, Further That During the Transition Period, the Company Shall Not Object to You Joining the Board of Any Portfolio Company of Morningside Technology Advisory, LLC. on the Separation Date, Your Employment With the Company Will Terminate in All Capacities and You Will Cease to Serve the Company as Its Chief Operating Officer. You and the Company Will Mutually Agree on All Internal and External Announcements Regarding Your Departure. 2. Base Salary and Benefits Through and After the Separation Date
12/34/56