0001171843-19-008305 Sample Contracts

December 20, 2019 Mr. George A. Eldridge Wellesley, MA 02481 Dear George:
Separation Agreement and Release Agreement • December 23rd, 2019 • Proteon Therapeutics Inc • Biological products, (no disgnostic substances) • Massachusetts

The purpose of this Separation Agreement and Release Agreement (the “Agreement”) is to set forth the terms of your separation of employment from Proteon Therapeutics, Inc. (the “Company”). The Severance Payment being offered in this Agreement and described below are contingent on your assent to and compliance with the provisions of this Agreement, including your signing of this Agreement.

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