EX-10.1
from 8-K
11 pages
Term: The Term of Your Employment With the Company Will Terminate Upon Delivery to You of Notice to Such Effect, Which Notice May Be Given for Any or No Reason, or Upon Your Earlier Resignation, Death or Disability (As Customarily Defined by the Company). You Acknowledge That No Provision Contained in This Agreement Will Entitle You to Remain in the Employment of the Company or Any of Its Subsidiaries or Affiliates or Affect the Right of the Company to Terminate Your Employment Hereunder at Any Time for Any Reason, Subject to Compliance With the Termination Provisions Set Forth Herein. the Period During Which You Are Employed by the Company Pursuant to This Agreement Shall Be Referred to as the “Term.” Position: Executive Vice President, Technical Operations Reporting: You Will Report Directly to Bruce Culleton, Chief Executive Officer (“Supervisor”). Duties and Commitment: You Shall Be Employed by the Company on a Full-Time Basis and Shall Perform Such Duties and Responsibilities on Behalf of the Company and Its Subsidiaries and Affiliates (Collectively, the “Company Group”) as Are Consistent With Your Position, and Such Additional Duties and Responsibilities on Behalf of the Company Group, as May Be Designated From Time to Time by the Supervisor. You Will Be Required to Devote All of Your Business Time to the Business and Affairs of the Company Group and to the Promotion of Its Interests. Notwithstanding the Foregoing, You May Engage in Other Activities, Such as Personal Investments and Civic and Charitable Activities, So Long As: (I) Such Activities Do Not Interfere With Your Duties and Obligations Hereunder and (II) Such Activities Are Disclosed in Advance to the Board of Directors (The “Board”) of ProKidney Corp. (“Parent”)). in Addition, You Shall Be Permitted to Serve as a Director on Any Other Company’s Board of Directors Subject to the Prior Consent of the Board (Which Will Not Be Unreasonably Withheld)
12/34/56
EX-10.1
from 8-K/A
12 pages
Term: The Term of Your Employment With the Company Will terminate Upon Delivery to You of Notice to Such Effect, Which Notice May Be Given for Any or No Reason, or upon Your Earlier Resignation, Death or Disability (As Customarily Defined by the Company). You Acknowledge That No Provision Contained in This Agreement Will Entitle You to Remain in the Employment of the Company or Any of Its Subsidiaries or Affiliates or Affect the Right of the Company to Terminate Your Employment Hereunder at Any Time for Any Reason, Subject to Compliance With the Termination Provisions Set Forth Herein. the Period during Which You Are Employed by the Company Pursuant to This Agreement Shall Be Referred to as the “Term.” Position: Chief Executive Officer Reporting: You Will Report Directly to Board of Directors (The “Board”) of ProKidney Corp. (“Parent”). Duties and Commitment: You Shall Be Employed by the Company on a Full-Time Basis and Shall Perform Such Duties and Responsibilities on Behalf of the Company and Its Subsidiaries and Affiliates (Collectively, the “Company Group”) as Are Consistent With Your Position, and Such Additional Duties and Responsibilities on Behalf of the Company Group, as May Be Designated From Time to Time by the Board. You Will Be Required to Devote All of Your Business Time to the Business and Affairs of the Company Group and to the Promotion of Its Interests. Notwithstanding the Foregoing, You May Engage in Other Activities, Such as Personal Investments and Civic and Charitable Activities, So Long As: (I) Such Activities Do Not Interfere With Your Duties and Obligations Hereunder and (II) Such Activities Are Disclosed in Advance to the Board. in Addition, You
12/34/56