Addendum to Service Agreement, dated April 1, 2021, by and between IO Biotech ApS and Mai-Britt Zocca
Addendum to Service Agreement
This addendum to the service agreement dated 21 August 2017 (the Addendum) is entered into between:
IO Biotech ApS
Effective from 1 April 2021, the annual gross salary amounts to DKK 2,400,000. The salary is pay 1/12 monthly in arrears not later than on the last business day of each month.
In addition to the gross salary, the Company pays a pension contribution corresponding to 10% of the CEOs gross salary, cf. clause 1.1. The CEOs minimum pension contribution constitutes 3% of the CEOs gross salary, cf. clause 1.1
Other terms of employment
All other terms and conditions of the employment remain unchanged.
The CEO is to enclose this addendum to the service agreement. Addenda to the service agreement from an integral part of the service agreement.
|For and on behalf of the Company:|
|/s/ Peter Hirth||/s/ Mai-Britt Zocca|
|Peter Hirth, Chairman||Mai-Britt Zocca|
|/s/ Priyanka Belawat|
|Priyanka Belawat, Board member|