Company: APM
Filing Date: 2025-04-30
Form Type: 20-F
Source: 0001213900-25-037669
Chunk: 191

Company: Aptorum Group Ltd
Filing Date: 2025-04-30
Form: 20-F
Item: Item 6
Chunk 191
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, except with regard to the individual’s compensation, term of employment and duties and responsibilities, the latter
of which coincides with the standard functions normally associated with the given position. In addition to setting forth the individual
compensation and such, the appointment letters contain the following material terms:

We may terminate employment
for cause, at any time, without advance notice or remuneration, for certain acts of the executive officer, such as conviction or plea
of guilty to a felony or any crime involving moral turpitude, negligent or dishonest acts to our detriment, or misconduct or a failure
to perform agreed duties. We may also terminate an executive officer’s employment without cause upon three-month advance written
notice. In such case of termination by us, we will provide severance payments to the executive officer as expressly required by applicable
law of the jurisdiction where the executive officer is based. The executive officer may resign at any time with three-month advance written
notice.

Each executive officer has
agreed to hold, both during and after the termination or expiration of his or her Appointment Letter, in strict confidence and not to
use, except as required in the performance of his or her duties in connection with the employment or pursuant to applicable law, any of
our confidential information or trade secrets, any confidential information or trade secrets of our clients or prospective clients, or
the confidential or proprietary information of any third-party received by us and for which we have confidential obligations.

In addition, each executive
officer has agreed to be bound by non-solicitation and non-compete restrictions during the term of his or her employment and typically
for one year following the last date of employment. Specifically, each executive officer has agreed not to (i) solicit or entice away
from the Company, any person, firm, company or organization that is or shall have been at any time within 12 months prior to termination
of employee a customer, client, identified prospective customer or client of the Company or in the habit of dealing with the Company;
(ii) employ, solicit or entice away from the Company any person who is or shall have been on the date of or within 12 months prior to
termination of employment an employee of the Company; or (iii) assume employment with or provide services to, or otherwise engage in income
generating activities with any of our competitors, or engage, whether as principal, partner, licensor or otherwise, any of our competitors,
without our express consent.

Some of our Appointment Letters
also provide