Maplebear Inc. (DBA “Instacart”) San Francisco, CA 94105 Fidji Simo August 15, 2022 Dear Fidji,Release Agreement • August 22nd, 2022 • Maplebear Inc. • Services-business services, nec • California
For good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties hereto wish to enter into this letter agreement in order to confirm the terms of your continued employment with Maplebear Inc. (the “Company” or “Instacart”) as its Chief Executive Officer, which commenced as of August 2, 2021 (the “Employment Start Date”). As Chief Executive Officer, you will report to the Company’s Board of Directors (the “Board”). You will have responsibility for Company operations and future strategy, as well as the authority to make decisions concerning the selection, discipline and compensation of Company employees, other than a Chairperson reporting directly to the Board, and you shall perform such other duties and responsibilities as reasonably assigned by the Board. All employees of the Company, other than a Chairperson reporting directly to the Board, will report to you or your designee. Following are other terms and conditions of your employment as t
