Common Contracts

2 similar Separation and Release Agreement contracts by Carisma Therapeutics Inc.

CARISMA THERAPEUTICS INC. SEPARATION AND RELEASE AGREEMENT
Separation and Release Agreement • October 15th, 2025 • Carisma Therapeutics Inc. • Pharmaceutical preparations • Pennsylvania

In connection with the termination of your employment with Carisma Therapeutics Inc. (the “Company”) on November 15, 2025 (the “Separation Date”), you are eligible to receive Severance Benefits as described in Section 8 of the employment agreement executed between you and the Company dated March 7, 2025 (the “Employment Agreement”) if you sign and return this letter agreement to me by the Separation Date and it becomes binding between you and the Company. By signing and returning this letter agreement and not revoking your acceptance, you will be agreeing to the terms and conditions set forth in the numbered paragraphs below, including the release of claims set forth in paragraph 2. Therefore, you are advised to consult with an attorney before signing this letter agreement and you have been given at least twenty-one (21) days to do so. If you sign this letter agreement, you may change your mind and revoke your agreement during the seven (7) day period after you have signed it (the “Rev

CARISMA THERAPEUTICS INC. SEPARATION AND RELEASE AGREEMENT
Separation and Release Agreement • October 15th, 2025 • Carisma Therapeutics Inc. • Pharmaceutical preparations • Pennsylvania

In connection with the termination of your employment with Carisma Therapeutics Inc. (the “Company”) on October 15, 2025 (the “Separation Date”), you are eligible to receive Severance Benefits as described in Section 8 of the employment agreement executed between you and the Company dated March 7, 2025 (the “Employment Agreement”) if you sign and return this letter agreement to me by November 6, 2025 and it becomes binding between you and the Company. By signing and returning this letter agreement and not revoking your acceptance, you will be agreeing to the terms and conditions set forth in the numbered paragraphs below, including the release of claims set forth in paragraph 2. Therefore, you are advised to consult with an attorney before signing this letter agreement and you have been given at least twenty-one (21) days to do so. If you sign this letter agreement, you may change your mind and revoke your agreement during the seven (7) day period after you have signed it (the “Revocat