Amendment to Employment Agreement by and between the Registrant and Robert Gar

Contract Categories: Human Resources - Employment Agreements
EX-10.20 8 sera-20211231x10kxex1020.htm EX-10.20 Document
Exhibit 10.20


May 20, 2021

Robert G. Harrison
1161 Eaglewood Loop
North Salt Lake, UT 84054

Re: 1st Amendment to Employment Agreement for Robert G. Harrison dated March 30, 2021

Dear Rob:

This letter is an amendment (the “Amendment No.1”) to the Employment Agreement between you and Sera Prognostics, Inc. dated March 30, 2021 (the “Employment Agreement”) for the purpose of amending your bonus percentage. The following sentence in Section 2(b) (“Stock Option Grant(s) and Bonuses”):

You will be eligible to participate in the Company’s Annual Incentive Plan, which currently provides for a bonus target of 30% of your base salary, prorated for time of service, and with respect to the calendar year ending December 31, 2021, payment will be contingent based on achievements mutually agreed by you and your supervisor.

shall be deleted and replaced with the following sentence:

You will be eligible to participate in the Company’s Annual Incentive Plan, which currently provides for a bonus target of 35% of your base salary, prorated for time of service, and with respect to the calendar year ending December 31, 2021, payment will be contingent based on achievements mutually agreed by you and your supervisor.

All other terms, conditions, and provisions of the Employment Agreement, including but not limited to all other provisions of Section 2(b), shall remain unchanged by this amendment and are in full force and effect. This Amendment No.1 shall be effective upon execution by both parties below.



2749 East Parleys Way - Suite 200 | Salt Lake City, Utah 84109 | Phone ###-###-#### | Fax ###-###-####
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Sincerely, Sera Prognostics, Inc.


By: /s/ Gregory Critchfield        
Gregory Critchfield
Its: Chairman, President, and CEO

This Amendment is accepted and agreed to as of the date hereof:


/s/ Robert G. Harrison            
Robert G. Harrison

Dated: May 20, 2021            

2749 East Parleys Way - Suite 200 | Salt Lake City, Utah 84109 | Phone ###-###-#### | Fax ###-###-####
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