FIRST AMENDED AND RESTATED EMPLOYMENT AGREEMENT
This FIRSTAMENDED AND RESTATED EMPLOYMENT AGREEMENT (the ‘Agreement‘), is entered into effective as of April 28, 2021 (the ‘Effective Date‘), by and between Sensei Biotherapeutics, Inc. (the ‘Company‘) and Erin Colgan(the ‘Executive‘). This Agreement amends, restates, and supersedes in its entirety the Offer Letter between the Company and Executive that was dated June 10, 2020 (the ‘Prior Agreement‘).
The Company desires to continue to employ Executive, now in the capacity of full-time Senior Vice President, Finance and Administration pursuant to the terms of this Agreement and, in connection therewith, to compensate Executive for Executive’s personal services to the Company; and
Executive wishes to continue to be employed by the Company and provide personal services to the Company in return for certain compensation.
Accordingly, in consideration of the mutual promises and covenants contained herein, the parties agree to the following:
1. | EMPLOYMENTBYTHE COMPANY. |
1.1At-Will Employment. Executive shall continue to be employed by the Company on an ‘at-will’ basis, meaning either the Company or Executive may terminate Executive’s employment at any time, with or without cause or advanced notice. Any contrary representations that may have been made to Executive shall be superseded by this Agreement. This Agreement shall constitute the full and complete agreement between Executive and the Company on the ‘at-will’ nature of Executive’s employment with the Company, which may be changed only in an express written agreement signed by Executive and a duly authorized officer of the Company. Executive’s rights to any compensation following a termination shall be only as set forth in Section 6.
1.2Position. Subject to the terms set forth herein, the Company agrees to continue to employ Executive, now in the position of Senior Vice President, Finance and Administration, and Executive hereby accepts such continued employment. During the term of Executive’s employment with the Company, Executive will devote Executive’s best efforts and substantially all of Executive’s business time and attention to the business of the Company.
1.3Duties. Executive will report to the President and Chief Executive Officer performing such duties as are normally associated with Executive’s then-current position and such duties as are assigned to Executive from time to time, subject to the oversight and direction of the President and Chief Executive Officer. In general, and…
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