0001789769-23-000069 Sample Contracts

Sandeep “Steve” Laumas, M.D., Chief Financial Officer Re: One-Year Retention Bonus Agreement for Executive Officers Dear Steve:
Instil Bio, Inc. • May 11th, 2023 • Biological products, (no disgnostic substances)

As you have been informed, Instil Bio, Inc. (the “Company”) is offering you the retention bonus described in this letter (the “One-Year Bonus Agreement”) as an incentive for your continued service to the Company in the coming years.

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