Caribou Biosciences, Inc. Salary and Bonus Adjustment Letter to Barbara McClung
Caribou Biosciences, Inc. has notified Barbara McClung of an increase in her base salary to $365,000, effective July 1, 2019, in recognition of her contributions. Additionally, her target bonus is set at 35% for the 2019 bonus payment. The letter expresses appreciation for her leadership and ongoing service to the company.
Exhibit 10.37
[Caribou Biosciences, Inc. Letterhead]
Confidential
June 14, 2019
Barbara McClung
2901 Shasta Road
Berkeley, CA 94708
Dear Barbara:
In light of your contributions to the Company over the past year, the Board of Directors has approved an increase in your base salary to $365,000 effective July 1, 2019. Your new target bonus will be 35% effective for the 2019 bonus payment.
Thank you for your strategic leadership and continued service to Caribou. I look forward to tackling further challenges of our growing company with you.
| Regards, |
| /s/ Rachel E. Haurwitz |
| Rachel E. Haurwitz, Ph. D. |
| President and CEO |
