September 18, 2010 Thomas W. Chalberg [Address] [Address] Re: Employment Terms For CEO Position Dear Tom:Letter Agreement • May 30th, 2014 • Avalanche Biotechnologies, Inc. • Biological products, (no disgnostic substances) • California
This letter agreement (the “Agreement”) memorializes the employment terms for your anticipated hire by Avalanche Biotechnologies, Inc. (the “Company”) in the position of Chief Executive Officer (“CEO”). Of course, these terms will become effective only if you begin as the full-time CEO of the Company, no later than October 1, 2010, or at such later date as approved by the Board of Directors of the Company (as applicable, the “Hire Date”). Prior to the Hire Date, you will be retained by the Company on an independent contractor basis under the terms of the separate Consulting Agreement between you and the Company, which will automatically expire no later than the Hire Date.
AVALANCHE BIOTECHNOLOGIES, INC. WARRANT TO PURCHASE SERIES A PREFERRED STOCKAvalanche Biotechnologies, Inc. • May 30th, 2014 • Biological products, (no disgnostic substances) • California
THIS CERTIFIES THAT, for value received, , an individual residing at , or assigns (the “Holder”), is entitled to subscribe for and purchase at the Exercise Price (defined below) from AVALANCHE BIOTECHNOLOGIES, INC., a Delaware corporation, with its principal office at 2749 Carolina Avenue, Redwood City, CA 94061 (the “Company”) up to [ ( )] shares of the Series A Stock of the Company (the “Preferred Stock”).
ContractCommon Stock • May 30th, 2014 • Avalanche Biotechnologies, Inc. • Biological products, (no disgnostic substances) • California
THIS WARRANT AND THE SECURITIES ISSUABLE UPON THE EXERCISE HEREOF HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED. THEY MAY NOT BE SOLD, OFFERED FOR SALE, PLEDGED, HYPOTHECATED, OR OTHERWISE TRANSFERRED EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR AN OPINION OF COUNSEL SATISFACTORY TO THE COMPANY THAT REGISTRATION IS NOT REQUIRED UNDER SUCH ACT OR UNLESS SOLD PURSUANT TO RULE 144 UNDER SUCH ACT.
