Exhibit 10.2


 





 


 


Wednesday, April 27, 2022


Revised: Thursday, April 28, 2022


 


Jennifer S. Cote


Holliston, MA 01746


 


Sent via Email.


 


Dear Jennifer,


 


Harvard Bioscience “HBIO” is pleased to extend to you a full-time offer of employment
as Vice President, Finance based on the terms and subject to the conditions described below. I hope that you will find this new
position challenging and rewarding.


 


	Start Date	Monday, May 16, 2022
	Salary	
    Before all appropriate withholding deductions, your gross starting weekly salary will be $4,807.70
    paid every two weeks, which is the yearly equivalent of $250,000 annually.

     

    You are eligible to participate in the HBIO Annual Performance Plan. Your potential award is
    based on 25% of your salary earned during the incentive period (start date – December 31). The HBIO Compensation Committee will
    determine the measurement of the actual performance against goals in the HBIO Annual Performance Bonus Plan after the end of the year.

     

    Subject to the approval of the Board of Directors, you will receive an award of Harvard Bioscience
    restricted stock units (RSUs) equal to 50% of the starting annual salary.  The number of shares you receive will be based on the
    closing stock price of Harvard Bioscience on the date of the date of the approval of the award by the Company’s Board of Directors. 
    These awards will be subject to a vesting schedule of one-third per year, beginning with the first anniversary of the grant date. 
    The specific terms of the awards will be outlined in an individual award agreement which will be presented to you after the approval of
    the award.

     

	Other Benefits	You will also be eligible for all other customary benefits offered to our full-time employees.  These include group health, dental, life, disability insurance, the company 401(k) plan, and eleven (11) paid holidays.  As a senior leader in the organization, you will participate in a separate vacation plan which allows you to take time off as needed.



 


 









     


     


    

 





 


 


	Conditions of Employment	
    Your employment at HBIO will be “at will.” Either you or HBIO may terminate your
    employment, with or without cause. No definite term of employment is intended or offered.

     

    Your offer of employment at HBIO is conditional upon the following:

     

    ·       Your
information regarding academic degrees, certification, and criminal background must be verified as being accurate.

    ·       You
must sign HBIO standard confidentiality and noncompetition agreement and return the documents to Human Resources before your first day
of employment.

    ·       You
must sign the HBIO Code of Conduct and return the documents to Human Resources on your first day of employment.

    ·       Represent
that there are no contractual or other obligations with a former employer that would prohibit or interfere with your ability to work
for HBIO.

    ·       Under
the Immigration and Control Act (IRCA), you must be able to verify your identity and authorization to work as required by federal law.

    ·       You
confirm your formal acceptance by signing this letter and returning it to Lori Packer lpacker@harvardbioscience.com.



 


I sincerely hope this package will be acceptable. If this offer meets with
your understanding, please sign below, and return it to Lori Packer's attention by Monday, May 2, 2022. I look forward
to you becoming a full-time member of our team. Should you have any questions or desire additional information, please do not hesitate
to contact Lori or me.  


 


 


 


Sincerely,


 


/s/Michael Rossi


Chief Financial Officer


 


 


Accepted this 29th day of April 2022


 


/s/Jennifer Cote