Letter of promotion dated October 12, 2021 issued by Reform Biologics, Inc. to Robert Mahoney

EX-10.11 10 d299220dex1011.htm EX-10.11 EX-10.11

Exhibit 10.11

 

October 12, 2021

Bob Mahoney

Bob –

It is with pleasure that I can communicate the following promotion details with you:

 

   

Promotion to CSO effective October 1, 2021

 

   

Base salary: $240k

 

   

Bonus potential: $60k (25% of base) with eligibility starting at the YE2021 review cycle

 

   

Additional 20,000 shares (stock options) granted

Sincerely,

 

/s/ Jeff Hackman
Jeff Hackman
CEO