HEMOGLOBIN OXYGEN THERAPEUTICS, INC.Assignment of Developments Agreement • April 26th, 2022 • Hemoglobin Oxygen Therapeutics LLC • Delaware
We are pleased to offer you continued employment as the full-time position of Chief Financial Officer (“CFO”) of Hemoglobin Oxygen Therapeutics, LLC (the “Company”) as of January 10, 2022. As you know, the Company plans to convert to a C corporation (“Newco”), and upon such conversion, the reference to “Company” herein shall be to Newco. This offer is contingent upon your agreement to execute the Company’s Nondisclosure, Noncompetition and Assignment of Developments Agreement (the “Nondisclosure Agreement”), a copy of which is attached hereto as Exhibit A. This letter agreement (the “Agreement”) summarizes the initial terms of your continued employment.
