NONCOMPETITION AND NONSOLICITATION AGREEMENTNoncompetition and Nonsolicitation Agreement • April 27th, 2022 • Sarcos Technology & Robotics Corp • General industrial machinery & equipment, nec • Delaware
This NONCOMPETITION AND NONSOLICITATION AGREEMENT (the “Agreement”) is entered into as of March 27, 2022 by and between Spiral Merger Sub I, Inc., a Delaware corporation (“Merger Sub I”), Spiral Merger Sub II, LLC, a Delaware limited liability company (“Merger Sub II”), Sarcos Technology and Robotics Corporation (“Parent,” and together with Merger Sub I and Merger Sub II, the “Acquiror”) and Jorgen Pedersen, an individual resident of Pennsylvania (the “Key Holder”).
SARCOS CORP. EMPLOYMENT AGREEMENTEmployment Agreement • April 27th, 2022 • Sarcos Technology & Robotics Corp • General industrial machinery & equipment, nec • Pennsylvania
This Employment Agreement (the “Agreement”) is entered into as of the date on the signature page and is effective as of the Closing (as defined below) (the “Effective Date”) by and between Sarcos Corp. (the “Company”), Sarcos Technology and Robotics Corporation, the Company’s parent corporation (“Parent”), and Jorgen Pedersen (“Executive” and together with the Company and Parent, the “Parties”).
SARCOS TECHNOLOGY AND ROBOTICS CORPORATION REDEMPTION RIGHTS AGREEMENTRedemption Rights Agreement • April 27th, 2022 • Sarcos Technology & Robotics Corp • General industrial machinery & equipment, nec • Pennsylvania
This REDEMPTION RIGHTS AGREEMENT (this “Agreement”) is made as of April 25, 2022, by and between Sarcos Technology and Robotics Corporation, a Delaware corporation (the “Buyer”) and Jorgen Pedersen (the “Executive”). Capitalized terms used in this Agreement and not otherwise defined herein will have the meanings ascribed to such terms in the Acquisition Agreement (as defined below).
