EX-10.16
from 10-K
8 pages
1. Position. Your Start Date of Employment Hereunder Will Be September 18, 2023 (The “Start Date”). Your Employment With the Company Will Be in the Position of Chief Revenue Officer (“Cro”), Reporting to the Chief Executive Officer (“CEO”). While Serving as Cro, You Will Perform the Standard and Customary Duties and Responsibilities of the Cro Role, as Well as Any Other Duties and Responsibilities as Reasonably Assigned to You by the CEO. the Company and You Acknowledge and Agree That You Will Be Based at Your Home Office Located in Ohio, With Travel to the Company’s Headquarters, Company Laboratory, and Additional Travel, in Each Case, as May Be Necessary to Fulfill Your Responsibilities. 2. Compensation and Benefits. A. Your Base Salary Will Be at an Annualized Rate of $250,000.00 Per Year (The “Base Salary”), Payable in Substantially Equal Periodic Installments in Accordance With the Company’s Payroll Practices as in Effect From Time to Time
12/34/56
EX-10.1
from 8-K
8 pages
1. Position. Your Start Date of Employment Hereunder Will Be August 17, 2023 (The “Start Date”). Your Employment With the Company Will Be in the Position of President and Chief Executive Officer (“CEO”), Reporting to the Company’s Board of Directors (The “Board”). While Serving as CEO, You Will Perform the Standard and Customary Duties and Responsibilities of the CEO Role, as Well as Any Other Duties and Responsibilities as Reasonably Assigned to You by the Board. You Will Also Be Nominated for Election as a Board Member at the Company’s 2023 Annual Meeting of Stockholders. . Your Service as a Board Member Will Be Without Further Compensation. Immediately Upon Termination of Your Employment With the Company for Any Reason, Whether Voluntary or Involuntary, if So Requested by the Board, You Will Resign Any and All Positions Held by You, Whether as an Officer of the Company or Member of the Board, or on the Board of Directors or Managers of Any Subsidiary or Affiliate of Company, or as a Member of Any Committees Thereof. the Company and You Acknowledge and Agree That You Will Be Based at Your Home Office Located in Florida, With Travel to the Company’s Headquarters, Company Laboratory, and Additional Travel, in Each Case, as May Be Necessary to Fulfill Your Responsibilities. 2. Compensation and Benefits. A. Your Base Salary Will Be at an Annualized Rate of $375,000.00 Per Year (The “Base Salary”), Payable in Substantially Equal Periodic Installments in Accordance With the Company’s Payroll Practices as in Effect From Time to Time
12/34/56
