0001193805-20-000652 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • May 29th, 2020 • Icad Inc • Surgical & medical instruments & apparatus • Delaware

THIS EMPLOYMENT AGREEMENT (the “Agreement”) is made and entered into as of the 26th day of May, 2020 (the “Effective Date”), between iCAD, Inc., a corporation with a principal place of business at 98 Spit Brook Road- Suite 100, Nashua, NH 03062 (which hereinafter includes any parent, subsidiary and affiliate, and is collectively referred to as the “Company”), and R. Scott Areglado (hereinafter referred to as “Executive” or “you”). In consideration of the promises and the mutual covenants herein, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto mutually agree as follows:

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Amendment Of Employment Agreement
Employment Agreement • May 29th, 2020 • Icad Inc • Surgical & medical instruments & apparatus

This Amendment (“Amendment”) of the Executive Employment Agreement (“Agreement”) is dated as of March 26, 2020 (the “Effective Date”), by and between iCAD, Inc., a corporation with a principal place of business at 98 Split Brook Road, Suite 100, Nashua, NH 03062 (hereinafter “iCAD” or the “Company”), and Michael Klein, an individual (hereinafter “Executive” or “Employee”). The Executive and Company may also each be referred to herein individually as “Party” or collectively as the “Parties.” Capitalized terms used in this Amendment and not defined herein shall have the meanings assigned to them in the Agreement. Conversely, capitalized terms used herein that are not defined in the Agreement, shall have the same meanings in the Agreement as assigned to them in this Amendment.

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