0000950170-24-055837 Sample Contracts

PALLADYNE AI CORP. AMENDMENT TO OPTION AGREEMENTS
Option Agreements • May 8th, 2024 • Palladyne AI Corp. • General industrial machinery & equipment, nec

This AMENDMENT TO OPTION AGREEMENTS (the “Amendment”) is made and entered into by and between Palladyne AI Corp. (the “Company”) and Matthew Vogt (the “Participant”) as of April 16, 2024.

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PALLADYNE AI CORP. AMENDMENT TO OPTION AGREEMENTS
Option Agreements • May 8th, 2024 • Palladyne AI Corp. • General industrial machinery & equipment, nec

This AMENDMENT TO OPTION AGREEMENTS (the “Amendment”) is made and entered into by and between Palladyne AI Corp. (the “Company”) and Denis Garagic (the “Participant”) as of April 16, 2024.

PALLADYNE AI CORP. AMENDMENT TO OPTION AGREEMENTS
Option Agreements • May 8th, 2024 • Palladyne AI Corp. • General industrial machinery & equipment, nec

This AMENDMENT TO OPTION AGREEMENTS (the “Amendment”) is made and entered into by and between Palladyne AI Corp. (the “Company”) and Trevor Thatcher (the “Participant”) as of April 16, 2024.

January 19, 2024 VIA DOCUSIGN Denis Garagic [***] Re: Retention Bonus Opportunity Dear Denis:
Letter Agreement • May 8th, 2024 • Palladyne AI Corp. • General industrial machinery & equipment, nec

This letter agreement (the “Agreement”) sets forth the terms and conditions of a retention bonus offered as an incentive for you to remain employed by Sarcos Corp. (the “Company”). Reference is made to the Employment Agreement by and between you, the Company and Sarcos Technology and Robotics Corporation, the Company’s parent (“Parent”), entered into as of January 29, 2022 (the “Employment Agreement”).

January 19, 2024 VIA DOCUSIGN Andrew Hamer [***] Re: Retention Bonus Opportunity Dear Drew:
Letter Agreement • May 8th, 2024 • Palladyne AI Corp. • General industrial machinery & equipment, nec

This letter agreement (the “Agreement”) sets forth the terms and conditions of a retention bonus offered as an incentive for you to remain employed by Sarcos Corp. (the “Company”). Reference is made to the Employment Agreement by and between you, the Company and Sarcos Technology and Robotics Corporation, the Company’s parent (“Parent”), entered into as of October 9, 2022 (the “Employment Agreement”).

January 19, 2024 VIA DOCUSIGN Matthew Vogt [***] Re: Retention Bonus Opportunity Dear Matt:
Letter Agreement • May 8th, 2024 • Palladyne AI Corp. • General industrial machinery & equipment, nec

This letter agreement (the “Agreement”) sets forth the terms and conditions of a retention bonus offered as an incentive for you to remain employed by Sarcos Corp. (the “Company”). Reference is made to the Employment Agreement by and between you, the Company and Sarcos Technology and Robotics Corporation, the Company’s parent (“Parent”), entered into as of January 11, 2024 (the “Employment Agreement”).

PALLADYNE AI CORP. AMENDMENT TO OPTION AGREEMENTS
Palladyne AI Corp. • May 8th, 2024 • General industrial machinery & equipment, nec

This AMENDMENT TO OPTION AGREEMENTS (the “Amendment”) is made and entered into by and between Palladyne AI Corp. (the “Company”) and Stephen Sonne (the “Participant”) as of April 16, 2024.

January 19, 2024 VIA DOCUSIGN Stephen Sonne [***] Re: Retention Bonus Opportunity Dear Stephen:
Letter Agreement • May 8th, 2024 • Palladyne AI Corp. • General industrial machinery & equipment, nec

This letter agreement (the “Agreement”) sets forth the terms and conditions of a retention bonus offered as an incentive for you to remain employed by Sarcos Corp. (the “Company”). Reference is made to the Employment Agreement by and between you, the Company and Sarcos Technology and Robotics Corporation, the Company’s parent (“Parent”), entered into as of January 30, 2023 (the “Employment Agreement”)

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