0000950170-22-002685 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • March 2nd, 2022 • Verrica Pharmaceuticals Inc. • Pharmaceutical preparations • Pennsylvania

This EMPLOYMENT AGREEMENT (the “Agreement”) is entered into effective February 27, 2020 (the “Effective Date”), by and between Verrica Pharmaceuticals Inc., a Delaware corporation (the “Company”) and Christopher G. Hayes (the “Employee”).

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EMPLOYMENT AGREEMENT
Employment Agreement • March 2nd, 2022 • Verrica Pharmaceuticals Inc. • Pharmaceutical preparations • New Jersey

This EMPLOYMENT AGREEMENT (the “Agreement”) is entered into effective August 1, 2020 (the “Effective Date”), by and between Verrica Pharmaceuticals Inc., a Delaware corporation (the “Company”) and Gary Goldenberg (the “Employee”). Company and Employee are each herein referred to individually as a “Party,” or collectively as the “Parties”).

WAIVER AND SECONDAMENDMENT TO MEZZANINE LOAN AND SECURITYAGREEMENT
Mezzanine Loan and Security Agreement • March 2nd, 2022 • Verrica Pharmaceuticals Inc. • Pharmaceutical preparations

This Waiver and Second Amendment to Loan and Security Agreement(this “Amendment” ) is entered into this 1st day of March,2022 by and among (a) SILICONVALLEY BANK, a California corporation (“SVB”), in its capacity as administrative agent and collateral agent (“Agent”), (b) SILICON VALLEY BANK, a California corporation, as a lender, (c) SVB INNOVATION CREDIT FUND VIII, L.P., a Delaware limited partnership (“SVB Innovation Fund”), as a lender (SVB and SVB Innovation Fund and each of the other “ Lenders” from time to time a party heretoare referred to herein collectively as the “Lenders” and each individually as a “Lender”), and (d) VERRICA PHARMACEUTICALS INC., a Delawarecorporation (“Borrower”), whose address is 44 West Gay Street, Suite 400, West Chester, Pennsylvania 19380.

LOAN AND SECURITYAGREEMENT
Loan and Security Agreement • March 2nd, 2022 • Verrica Pharmaceuticals Inc. • Pharmaceutical preparations

This Waiver and Second Amendmentto Loan and Security Agreement(this “Amendment”) is entered into this 1st day of March, 2022, by and between SILICON VALLEY BANK (“Bank”) and VERRICA PHARMACEUTICALS INC.,a Delaware corporation (“Borrower”), whose address is 44 West Gay Street, Suite 400, West Chester, Pennsylvania 19380.

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