EXECUTIVE EMPLOYMENT AGREEMENT
THIS EMPLOYMENT AGREEMENT (the Agreement) is hereby entered into as of May 14, 2021 (the Effective Date), by and between Roivant Sciences, Inc., a Delaware corporation (the Company), and Matthew Gline, an individual (Executive) (hereinafter collectively referred to as the Parties).
WHEREAS, the Company and Executive are party to that certain Amended and Restated Employment Agreement, dated as of April 12, 2019 (the Existing Agreement), which sets forth the terms and conditions of Executives employment with the Company;
WHEREAS, the Company desires to continue the employment of Executive on the terms and conditions set forth herein, and Executive desires to accept the terms and conditions of continued employment with the Company on the terms and conditions set forth herein; and
WHEREAS, effective as of the Effective Date, this Agreement shall supersede and replace the Existing Agreement in its entirety, and the Existing Agreement shall be of no further force or effect.
NOW, THEREFORE, in consideration of the respective agreements of the Parties contained herein, it is agreed as follows:
1. Employment Period; At-Will Employment.
(a) The term of Executives employment under this Agreement shall commence on the Effective Date and shall continue until Executives employment with the Company is terminated in accordance with Section 4 (the Employment Period).
(b) Executives employment with the Company hereunder is at-will, such that each of Executive and the Company has the right to terminate Executives employment hereunder at any time and for any reason, with or without advance notice, subject to Section 4 hereof.
2. Position and Duties; Location.
(a) During the Employment Period, Executive shall be employed as Chief Executive Officer and Chief Financial Officer of the Company (it being understood that Executive may be replaced as Chief Financial Officer during the Employment Period upon the selection of Executives successor to that position). Executive shall report directly to the board of directors (the Board) of the Company. Executive shall have such duties and responsibilities as are commensurate with Executives position, as may be assigned to Executive from time to time by the Board. It is understood and agreed that Executives duties may include providing services to or for the benefit of the Companys affiliates, including the Companys parent, Roivant Sciences Ltd. (Parent); provided that Executive agrees that Executive will not provide any services from within the United States for Parent or any affiliate of Parent that is organized in a jurisdiction outside the United States. In