CONFIDENTIAL December 11, 2022 VIA EMAIL/DOCUSIGN Dear ,Quanergy Systems, Inc. • December 13th, 2022 • Motor vehicle parts & accessories • Delaware
This letter is to inform you that, in recognition of your critical role with Quanergy Systems, Inc. (the “Company”), the Company hereby offers you the opportunity to participate in the Company’s newly adopted retention plan (the “Retention Plan”), subject to your agreement to the terms and conditions of this letter agreement (this “Agreement”).
December 9, 2022 Kevin Kennedy VIA EMAIL/DOCUSIGN Dear Kevin:Quanergy Systems, Inc. • December 13th, 2022 • Motor vehicle parts & accessories
This letter sets forth the substance of the separation agreement (the “Agreement”) that Quanergy Systems, Inc. (the “Company”) is offering to you.
