April 28, 2023 PERSONAL AND CONFIDENTIAL Osvaldo Flores, PhD Re: Separation Agreement Dear Lalo:Separation Agreement • May 5th, 2023 • Century Therapeutics, Inc. • Biological products, (no disgnostic substances) • Pennsylvania
This letter serves as written notice pursuant to Section 8 of the Executive Employment Agreement between you and Century Therapeutics, Inc. (the “Company”) dated May 26, 2021 (the “Employment Agreement”), that your employment with the Company will end, effective April 12, 2023 (the “Separation Date”). Pursuant to Section 8(b) of the Employment Agreement, you hereby resign from any and all officer, director and other positions you hold with the Company and its affiliates, effective as of the Separation Date. This letter also proposes a separation agreement, which contains the Release referenced in Section 9(a) of the Employment Agreement.
