PERSONAL AND CONFIDENTIALPersonal and Confidential • February 24th, 2021 • Cyclacel Pharmaceuticals, Inc. • Pharmaceutical preparations • New Jersey
The purpose of this letter agreement (the “Agreement”) is to confirm the terms of your retirement from Cyclacel Pharmaceuticals, Inc. (“Cyclacel” or the “Company”). As more fully set forth below, in recognition and appreciation of your dedicated service and contribution to Cyclacel, the Company desires to provide you with separation benefits in exchange for certain agreements by you. This Agreement shall become effective on the 8th day following your acceptance of it as provided below (the “Effective Date”).
