EMPLOYMENT AGREEMENTEmployment Agreement • November 3rd, 2020 • iBio, Inc. • Pharmaceutical preparations • Texas
This Employment Agreement (this “Agreement”) is entered into as of October 30, 2020 by and between iBio, Inc., a Delaware corporation (the “Company” or “iBio”), and Randy J. Maddux (the “Executive”). The Effective Date of this Agreement shall be December 1, 2020 provided Executive satisfactorily completes all pre-employment procedures (including, but not limited to a background check) in the sole discretion of the Company. If this Agreement is not executed by Executive by October 30, 2020, it shall be null and void. If Executive fails to satisfactorily complete all such pre-employment procedures, this Agreement shall be null and void. In consideration of the premises and mutual covenants contained herein, and intending to be legally bound, the parties agree as follows:
