Letter Agreement, dated January 1, 2014, by and between the Registrant and David R. Walt, Ph.D

EX-10.19 37 a2233678zex-10_19.htm EX-10.19

Exhibit 10.19

 

 

 

113 Hartwell Ave

 

Lexington, MA 02421

 

 

 

tel: 617 ###-###-####

 

fax: 617 ###-###-####

 

 

 

www.quanterix.com

 

As of January 1, 2014

 

David R. Walt

233 Marlborough St.

Boston, Mass. 02116

 

Re:                             Adjustment to Compensation re. Position on the Board of Directors of Quanterix Corporation

 

Dear David:

 

As discussed, we are writing to memorialize our agreement with respect to your compensation for serving as a member of the Board of Directors (the “Board”) of Quanterix Corporation (the “Company”). Specifically, commencing as of January 1, 2014 and for so long as you continue to serve as a non-employee member of the Board, the Company will pay you $25,000 per year, payable in quarterly installments at the end of each calendar quarter. In addition, the Company will continue to reimburse you for your reasonable out-of-pocket expenses in attending Board and committee meetings. You will be responsible for all applicable withholding taxes for all compensation paid to you.

 

For our record keeping purposes, we kindly request that you sign this letter and return it to me to confirm the compensation terms for your continued service as a member of the Board.

 

 

QUANTERIX CORPORATION.

 

 

 

By:

/s/ Paul Chapman

 

Name: Paul Chapman

 

Title: President

 

ACCEPTED AND AGREED:

 

 

 

/s/ David Walt

 

David Walt