Salary Increase Letter dated as of June 14, 2019, from the Registrant to Barbara G. McClung, J.D
[Caribou Biosciences, Inc. Letterhead]
June 14, 2019
2901 Shasta Road
Berkeley, CA 94708
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.
|Rachel E. Haurwitz, Ph. D.|
|President and CEO|