Company: PATH
Filing Date: 2025-05-13
Form Type: DEF 14A
Source: 0001734722-25-000021
Chunk: 41

Company: UiPath, Inc.
Filing Date: 2025-05-13
Form: DEF 14A
Chunk 41
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ii) a prorated portion of his Bonus (as defined in his offer letter) based on the target in effect at the time, less applicable taxes, payroll deductions, and all required withholdings, to be paid in a lump sum promptly after the date the Release is effective and no longer subject to revocation, and (iii) acceleration of twelve months of the service-time component of RSUs and stock options he held as of the effective termination date. As a condition to receiving the severance benefit above, Mr. Enslin would have had to sign and comply with a general release agreement in a form acceptable to us. Further, if Mr. Enslin resigned for Good Reason (as defined in his offer letter) or if we terminated Mr.

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Enslin's employment without Cause, in either case within twelve months of a Change in Control or a Sale Event (each as defined in his offer letter), 100% of his then-unvested equity would immediately accelerate, vest and become exercisable.

On May 23, 2024, Mr. Enslin informed us of his decision to resign as Chief Executive Officer, effective June 1, 2024. Mr. Enslin agreed to provide us with transition support pursuant to the terms of an advisory agreement through September 27, 2024, at an advisory fee of $7,500 per week for each week of the term. At the end of his employment, he was not eligible for the severance benefits described above and his then-unvested equity was forfeited. In recognition of Mr. Enslin's continued transition support, the post-termination exercise period for his vested non-qualified stock options was extended from 90 days to the end of fiscal year 2025.

#### Ashim Gupta
In January 2018, we entered into an offer letter with Mr. Gupta as Chief Financial Officer, and in September 2024, we entered into a new offer letter with Mr. Gupta, confirming his position as our Chief Financial Officer and adding the role of Chief Operating Officer, which supersedes the terms of his prior offer letter. The offer letter has no specific term and provides for at-will employment. Mr. Gupta’s annual base salary is $600,000, and he is currently eligible for an annual discretionary performance bonus of up to 80% of his annual base salary, based on individual and corporate performance goals.

Under the terms of Mr. Gupta’s offer letter,