Amendment dated May 7, 2025 to Employment Agreement dated December 6, 2023 between Compass Pathways, Inc. and Teri Loxam

THIS AMENDMENT NO. 1 (this “Amendment”) is dated May 7, 2025 and amends that certain Employment Agreement entered into as of December 6, 2023 (the “Employment Agreement”), by and COMPASS Pathways, Inc. (the “Company”), a Delaware corporation with a principal place of business at 44 West 37th Street, 7th Floor New York, NY 10018, and Teri Loxam, residing at xxxxxxx (the “Employee” or “you”; collectively with the Company, the “Parties”; each of the Parties referred individually as “Party”).

 

WHEREAS, the Company and the Employee previously entered into the Employment Agreement;

WHEREAS, pursuant to Section 12 of the Employment Agreement, the Employment Agreement can be amended or modified by a written instrument signed by the Company and the Employee; and

WHEREAS, the Company and the Employee desire to amend the Employment Agreement, as set forth herein.

NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto, intending to be legally bound, hereby agree as follows:

 

1.    Amendment to Employment Agreement.

(a)Section 3 of the Employment Agreement is hereby amended by adding the following paragraphs at the end thereof:

3.    Amendment; Entire Agreement. Except as herein modified or amended, no other term or provision of the Employment Agreement is amended or modified in any respect and, to the extent the terms of the Amendment conflict with the terms of the Employment Agreement, this Amendment shall control. The Employment Agreement, as amended by this Amendment, constitutes

the entire agreement between the parties hereto relating to the subject matter hereof and supersedes all prior oral and written agreements, understandings, negotiations, and discussions relating to the subject matter hereof. The Employment Agreement, as amended by this Amendment, cannot be further modified or amended except as set forth in Section 12 of the Employment Agreement. The waiver of any provision of this Amendment shall not constitute a waiver of any other provisions and, unless otherwise stated, shall not constitute a continuing waiver.

4.    Governing Law. This Amendment will be governed by the laws of the Commonwealth of Pennsylvania (with the exception of its conflict of law provisions).

5.    Counterparts. This Amendment may be executed in one or more counterparts, each of which will be deemed to be an original copy of this Amendment and all of which, when taken together, will be deemed to constitute one and the same agreement.