VIA HAND DELIVERY July 10, 2019 (as amended July 18, 2019 and sent via electronic mail) Anthony Coyle Dear Tony:Hand Delivery • June 26th, 2020 • Pandion Therapeutics Holdco LLC • Pharmaceutical preparations • Massachusetts
As we discussed, your employment with Pandion Therapeutics, Inc. (the “Company”) will end effective July 17, 2019 (the “Separation Date”). As we also discussed, the period between the date of this letter agreement and the Separation Date will be a transition period, during which you will use your best efforts to, at the direction of the Company, professionally transition your duties, including cooperating with the Company’s announcement of your separation. Provided you do so, you will be eligible to receive the severance benefits described in paragraph 2 below if you sign and return this letter agreement to me by August 1, 2019 (but no earlier than the Separation Date) and do not revoke your acceptance (as described below). By signing and returning this letter agreement and not revoking your acceptance, you will be entering into a binding agreement with the Company and will be agreeing to the terms and conditions set forth in the numbered paragraphs below, including the release of clai
