Amendment to Employment Offer Letter between Five Prime Therapeutics, Inc. and William R. Ringo
Five Prime Therapeutics, Inc. agrees to pay William R. Ringo $25,000, minus taxes and withholdings, in recognition of his service as interim Chief Executive Officer from September 19 to October 4, 2019. This amendment modifies the original employment offer letter dated October 4, 2019. To accept, Mr. Ringo must sign and return the letter. Payment will be made promptly after acceptance.
Exhibit 10.5
October 8, 2019
Mr. William R. Ringo
VIA HAND DELIVERY
Dear Bill,
This letter amends the employment offer letter we entered into with you on October 4, 2019.
In recognition of your service as interim Chief Executive Officer of Five Prime Therapeutics, Inc. from September 19, 2019 to October 4, 2019, when we entered into the offer letter with you, we will pay you $25,000, less applicable taxes and withholdings promptly after entering into this amendment.
To accept this amendment to your offer, please sign, date and return this letter to Francis Sarena, Chief Strategy Officer and Secretary of Five Prime.
Sincerely,
Five Prime Therapeutics, Inc.
/s/ Peder Jensen
Peder Jensen
Chairman of the Compensation and Management Development Committee
of the Board of Directors
Accepted:
/s/ William R. Ringo
William R. Ringo
Phone + 1 ###-###-####
fiveprime.com
Five Prime Therapeutics, Inc.
111 Oyster Point Boulevard
South San Francisco, CA 94080
