March 18, 2024 Stas Budagov Re: Offer of Employment Dear Stas:Employment Agreement • March 18th, 2024 • Qt Imaging Holdings, Inc. • Electromedical & electrotherapeutic apparatus • California
On behalf of QT Imaging Holdings, Inc. (the “Company”), I am pleased to offer you the position of Chief Financial Officer, located in San Jose, California. This letter (the “Letter Agreement”) sets forth the terms and conditions of your employment with the Company. It is important that you understand clearly both what your compensation and benefits are and what the Company expects of you. By signing this Letter Agreement, you will be accepting employment on the following terms.
EMPLOYMENT AGREEMENTEmployment Agreement • March 18th, 2024 • Qt Imaging Holdings, Inc. • Electromedical & electrotherapeutic apparatus • California
This Employment Agreement (the “Agreement”) is entered into as of the 18th day of March, 2024 by and between Dr. Raluca Dinu (the “Executive”) and QT Imaging Holdings, Inc. (the “Company”; the Executive and the Company are collectively referred to as the “Parties”). This Agreement shall be effective as of the 12th day of March 2024 (the “Effective Date”). Certain capitalized terms used in this Agreement have the meaning set forth in Section 9.
