January 28, 2019 PERSONAL AND CONFIDENTIAL Troy Ignelzi Re: Separation Agreement Dear Troy:Separation Agreement • January 29th, 2019 • scPharmaceuticals Inc. • Pharmaceutical preparations • Massachusetts
This letter confirms your separation from employment with scPharmaceuticals Inc. (the “Company”). This letter also proposes an agreement between you and the Company during which you would remain employed for a transitional period and then receive severance benefits. Your separation shall be effective February 28, 2019, unless you resign without “Good Reason” (as defined in your Employment Agreement with the Company dated November 16, 2017 (the “Employment Agreement”)) or unless the Company terminates your employment for “Cause” (as defined in the Employment Agreement) prior to that date. The actual last day of your employment with the Company, whether February 28, 2019 or an earlier date as provided in the preceding sentence, is the “Separation Date.”
