# EDGAR Filing Document

**Accession Number:** 0000926326
**File Stem:** 0001104659-25-056908
**Filing Date:** 2025-6
**Character Count:** 61538
**Document Hash:** 5e0ae565be5c638dec5bde97814084c7
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-25-056908.hdr.sgml**: 20250605

**ACCESSION NUMBER**: 0001104659-25-056908

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 15

**CONFORMED PERIOD OF REPORT**: 20250605

**ITEM INFORMATION**: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20250605

**DATE AS OF CHANGE**: 20250605

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** OMNICELL, INC.
- **CENTRAL INDEX KEY:** 0000926326
- **STANDARD INDUSTRIAL CLASSIFICATION:** ELECTRONIC COMPUTERS [3571]
- **ORGANIZATION NAME:** 06 Technology
- **EIN:** 943166458
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 000-33043
- **FILM NUMBER:** 251028121

**BUSINESS ADDRESS:**
- **STREET 1:** 4220 NORTH FREEWAY
- **CITY:** FORT WORTH
- **STATE:** TX
- **ZIP:** 76137
- **BUSINESS PHONE:** 8774159990

**MAIL ADDRESS:**
- **STREET 1:** 4220 NORTH FREEWAY
- **CITY:** FORT WORTH
- **STATE:** TX
- **ZIP:** 76137

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** OMNICELL, Inc
- **DATE OF NAME CHANGE:** 20070412

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** OMNICELL INC /CA/
- **DATE OF NAME CHANGE:** 20010625

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** OMNICELL COM /CA/
- **DATE OF NAME CHANGE:** 20000419

?xml version='1.0' encoding='ASCII'?

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D. C. 20549**

**FORM 8-K**

**CURRENT REPORT**

**PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934**

Date of Report (Date of earliest event reported): June 5, 2025

**OMNICELL, INC.**

(Exact name of registrant as specified in its charter)

---

| | | |
|:---|:---|:---|
| **Delaware** | **000-33043** | **94-3166458** |
| (State or other jurisdiction of <br>incorporation) | (Commission File Number) | (IRS Employer Identification Number) |

---

**4220 North Freeway**

**Fort Worth, TX 76137**

(Address of principal executive offices, including zip code)

**(877) 415-9990**

(Registrant's telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

◻ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

◻ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

◻ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

◻ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

---

| | | |
|:---|:---|:---|
| **Title of each class** | **Trading Symbol** | **Name of each exchange on which registered** |
| Common Stock, $0.001 par value | OMCL | NASDAQ Global Select Market |

---

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ◻

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ◻

**Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers**

*Chief Financial Officer Separation Agreement*

On March 12, 2025, Omnicell, Inc. ("Omnicell" or the "Company") filed a Current Report on Form 8-K disclosing that Nchacha Etta would step down from his role as Executive Vice President, Chief Financial Officer of the Company, effective September 15, 2025 or until a successor is named.

In connection with Mr. Etta's separation from the Company without cause, on June 5, 2025, the Company and Mr. Etta entered into a separation agreement: (a) extending Mr. Etta's separation date to November 15, 2025 (the "Etta Separation Date"); (b) providing for Mr. Etta's continued service as Executive Vice President & Chief Financial Officer until the earlier of (i) the date that the Company appoints a new Executive Vice President & Chief Financial Officer ("New CFO") or otherwise decides to transition Mr. Etta to an advisory role, and (ii) the Etta Separation Date (in the event the Company appoints a New CFO or otherwise decides to transition Mr. Etta to an advisory role, he will transition to the role of Special Advisor to the Chief Executive Officer until the Etta Separation Date); (c) memorializing the benefits under the Omnicell, Inc. Executive Severance Plan (the "Severance Plan") for a Terminating Event outside of the CIC Protection Period (each as defined in the Severance Plan), which for purposes of the Severance Plan, the Company deemed an involuntary separation without cause, and which include a severance payment and benefits continuation at the Company's expense as generally described under the heading "Severance and Change of Control Arrangements – Omnicell, Inc. Executive Severance Plan" in the Company's Definitive Proxy Statement on Schedule 14A filed with the United States Securities and Exchange Commission on April 3, 2025 (the "Proxy Statement"); (d) providing for Mr. Etta's continued participation in the Omnicell, Inc. Executive Bonus Plan (the "Bonus Plan") (excluding the requirement that Mr. Etta be employed by the Company on the last day of the performance year), pursuant to which whether Mr. Etta will qualify for and earn a bonus, and the amount of any bonus earned, will be subject to, and paid out in accordance with the terms, conditions, and requirements of the Bonus Plan; and (e) providing for a lump sum payment of $10,000 for outplacement services in lieu of the outplacement benefits provided under the Severance Plan. The separation agreement also provides for an additional year of vesting credit for Mr. Etta's outstanding equity awards, consistent with the disclosure under the heading "Potential Payments Upon Termination or Change of Control" in the Proxy Statement, and 12 months of continued financial planning services at the Company's cost, subject to an annual maximum of $16,000. The separation agreement requires Mr. Etta to comply with customary restrictive covenants.

The foregoing summary is qualified in its entirety by reference to the separation agreement entered into with Mr. Etta attached hereto as Exhibit 10.1 and incorporated herein by reference.

**Item 9.01. Financial Statements and Exhibits**

(d) Exhibits.

---

| | |
|:---|:---|
| **Exhibit<br> Number** | **Description of Document** |
| [10.1](tm2517210d1_ex10-1.htm) | [Separation Agreement dated June 5, 2025 by and between Omnicell, Inc. and Nchacha Etta\*<sup>+</sup>](tm2517210d1_ex10-1.htm) |
| 104 | Cover Page Interactive Data File (embedded within the inline XBRL document) |

---

\* Indicates a management contract, compensation plan, or arrangement.

+Filed herewith.

**SIGNATURES**

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.

---

| | |
|:---|:---|
|  | OMNICELL, INC. |
| Date: June 5, 2025 | /s/ Corey J. Manley |
|  | Corey J. Manley |
|  | Executive Vice President and Chief Legal and Administrative Officer |

---

## Exhibit 10.1

**Exhibit 10.1**

![](tm2517210d1_ex10-1img001.jpg)

June 4, 2025

Nchacha Etta

---

| | |
|:---|:---|
| **Re:** | **Separation Agreement and General Release** |

---

Dear Nchacha:

This Separation Agreement and General Release ("**Agreement**") is made by and between Omnicell, Inc., ("**Company**") and the employee signatory below ("**you**" or "**Employee,**" together with Company, "**Parties**"). This Agreement is binding upon your heirs, beneficiaries, successors, executors, administrators, agents, representatives, assigns, or anyone claiming through or under any of the foregoing. You and the Company hereby mutually agree as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1.** **Separation**. Your employment termination date with the Company is currently anticipated to be November 15, 2025. You and the Company also may mutually agree to an earlier employment termination date. For purposes of this Agreement, the date upon which your employment terminates as reflected in the Company's HRIS system will be the "**Separation Date.**" You shall continue to serve as Executive Vice President & Chief Financial Officer until the earlier of the date that the Company appoints a new Executive Vice President & Chief Financial Officer ("**New CFO**") or otherwise decides to transition you to an advisory role and the Separation Date. If the Company appoints a New CFO or otherwise decides to transition you to an advisory role before the Separation Date, you will transition to the role of Special Advisor to the Chief Executive Officer ("**CEO**"). You shall remain an employee of the Company through the Separation Date subject to your continued compliance with this Agreement and performance of your remaining duties, including without limitation: (1) remaining actively engaged and working through the Separation Date; (2) facilitating the onboarding process for the New CFO, ensuring a seamless transition into their role; and (3) acting as an advisor for the CEO and the New CFO, making yourself available for any questions from the CEO and the New CFO, and focusing on high-level responsibilities/transition activities for the New CFO. While you remain employed by the Company, you shall be paid your base salary and shall remain eligible for your bonus under the Annual Bonus Program (as defined below), continued vesting of your Company equity awards, and other employee benefits. Further, the parties acknowledge that your separation is a termination without "Cause" as defined in the Company's Executive Severance Plan (the "**Severance Plan**"), entitling you to benefits under the Severance Plan as set forth herein.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2.** **Accrued Salary and Paid Time Off**. On your final paycheck, the Company will pay you all accrued salary earned through the Separation Date, subject to standard payroll deductions and withholdings. Pursuant to the Company's vacation policy, you do not have any accrued and unused vacation, and you will therefore not receive any payment for accrued and unused vacation. You will also continue to receive your perquisites through the Separation Date (or as specified otherwise below). You will receive your final paycheck on the next regularly scheduled pay date for the pay period containing your Separation Date unless earlier payment of your final paycheck is required by law.

4220 North Freeway, Fort Worth, TX 76137 (877) 415-9990 Omnicell.com

---

| | |
|:---|:---|
| Nchacha Etta Separation Agreement <br> June 4, 2025 <br> Page 2 of 14 | ![](tm2517210d1_ex10-1img002.jpg) |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3.** **Annual Bonus Program.** Subject to your continued employment with the Company through the Separation Date, you shall remain eligible for participation in the Company's Annual Bonus program ("**Annual Bonus Program**").Whether you qualify for and earn a bonus under the Annual Bonus Program, and the amount of any bonus earned, will be subject to, and paid out in accordance with the terms, conditions, and requirements of the Annual Bonus Program (excluding the requirement that you be employed by the Company on the last day of the performance year).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**4.** **Severance Benefits.** If you (a) timely sign this Agreement, and a Separation Date Release in the form attached hereto as Exhibit B if this Agreement is signed by you prior to your Separation Date (the Separation Date Release not to be signed before the Separation Date); (b) allow this Agreement, and the Separation Date Release if applicable, to become effective in accordance with their terms; and (c) comply with your obligations under this Agreement, the Severance Plan, and the Separation Date Release if applicable (collectively, the "**Severance Preconditions**"), then the Company will provide you with the following as your sole severance benefits in full satisfaction of the Company's obligations under the Severance Plan (collectively, "**Severance Benefits**"):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(a)** **Severance Payment**. The Company will pay you, as severance, a one-time, lump sum cash payment in the amount of Nine Hundred Twenty-Five Thousand and Sixty-Two dollars ($925,062 USD), subject to standard payroll deductions and withholdings, which is equal to twelve (12) months of your base salary and target Annual Bonus Program bonus at the time of your Separation Date. This amount will be paid in a lump sum within sixty (60) days after the Separation Date, subject to Section 10(a) of the Severance Plan.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(b)** **Outplacement Services.** The Company will pay a one-time lump sum payment in the amount of Ten Thousand Dollars ($10,000.00 USD) for you to use for executive outplacement services through a provider of your choosing (the "**Outplacement Services**") within sixty (60) days after the Separation Date. The amount the Company pays for the Outplacement Services is considered taxable income and will be reported as such on your Form W-2. You will be responsible for the individual tax cost associated with any imputed income reported each year related to this benefit.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(c)** **Health Insurance.** To the extent provided by the federal COBRA law or, if applicable, state insurance laws, and by the Company's current group health insurance policies, you will be eligible to continue your group health insurance benefits at your own expense following the Separation Date for a limited period of time if you timely and properly elect to continue such coverage. At the end of the coverage continuation period, you may be able to convert to an individual policy through the provider of the Company's health insurance, if you wish. You will be provided with a separate notice describing your rights and obligations under COBRA and a form for electing COBRA coverage. **<u>If you fail to timely and properly elect COBRA continuation coverage, your participation in the Company's group health insurance plan will end on the last day of the month in which the Separation Date occurs.</u>** As an additional severance benefit under this Agreement, provided that you satisfy the Severance Preconditions set forth above and timely elect continued coverage under COBRA, then the Company will pay your COBRA premiums directly to the benefit provider to continue your health insurance coverage (including coverage for eligible dependents, if applicable) through the period commencing on the first day of the calendar month following the Separation Date for up to a period of twelve (12) months (the "**COBRA Premium Period**") and ending on the earliest to occur of: (i) expiration of the COBRA Premium Period; (ii) the date you become eligible for group health insurance coverage through a new employer; or (iii) the date you cease to be eligible for COBRA coverage for any reason. In the event you become covered under another employer's group health plan or otherwise cease to be eligible for COBRA during the COBRA Premium Period, you must immediately notify the Company in writing. The value of the COBRA premiums paid on your behalf by the Company during the COBRA Premium Period (determined with reference to the COBRA rate, less the 2% COBRA administrative fee) is taxable income and will be reported as such. You will be responsible for the individual tax cost associated with any imputed income reported each year related to this benefit.

---

| | |
|:---|:---|
| Nchacha Etta Separation Agreement <br> June 4, 2025 <br> Page 3 of 14 | ![](tm2517210d1_ex10-1img002.jpg) |

---

You understand, acknowledge, and agree that the Severance Benefits outlined in this Paragraph 4 exceed what you are otherwise entitled to receive on separation of employment, and that these benefits are being given as consideration in exchange for executing this Agreement, including the general release and restrictive covenants contained in it, and the Separation Date Release. You further acknowledge that you are not entitled to any additional payment or consideration not specifically referenced in this Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5.** **Equity.** Under the terms of the 2009 Equity Incentive Plan (or any successor equity incentive plan thereto) and your applicable equity award agreements or grant notices, vesting of your equity awards will continue until and then cease as of one year after the Separation Date; provided that you comply with your obligations under the applicable award agreements or grant notices and that, to the extent required by Section 409A of the Internal Revenue Code of 1986, as amended (the "**Code**"), for awards designed to be exempt from or comply with Section 409A of the Code, to the extent required to continue to be exempt from or maintain compliance with Section 409A of the Code, you shall instead receive vesting credit of one (1) year and such awards shall vest as of the Separation Date and shall be settled in accordance with the terms of the underlying award agreements in order to maintain such exemption from or compliance with Section 409A of the Code. All other rights and obligations with respect to your equity compensation will be as set forth in your applicable equity award agreement, grant notice and applicable plan documents (collectively, "**Equity Documents**"). For the avoidance of doubt, you acknowledge that you shall not be eligible for an annual equity grant with respect to 2025.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**6.** **Financial Planning Services.** For a period of twelve (12) months after your Separation Date, the Company will continue to pay for your current financial planning services provided by The Ayco Company, L.P. d/b/a/ Goldman Sachs Ayco Personal Financial Management, subject to the annual maximum of Sixteen Thousand Dollars ($16,000) per year. Consistent with the tax treatment of this taxable benefit that you received during your employment with the Company, you are responsible for any tax cost (with no tax gross-up) associated with any imputed income reportable to you as taxable compensation upon receipt of such benefit.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**7.** **Other Compensation or Benefits.** You acknowledge that, except as expressly provided in this Agreement, after the Separation Date you have not earned and will not receive from the Company any additional compensation (including base salary, bonus, incentive compensation, or equity), severance, or benefits after the Separation Date, with the exception of any vested right you may have under the express terms of a written ERISA-qualified benefit plan (e.g., 401(k) account) or any vested and outstanding equity awards, and your Severance Benefits provided for under Section 4 of this Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**8.** **Expense Reimbursements.** You agree that, within thirty (30) days after the Separation Date, you will submit your final documented expense reimbursement statement reflecting all business expenses you incurred through the Separation Date, if any, for which you seek reimbursement. The Company will reimburse you for these expenses pursuant to its regular business practice.

---

| | |
|:---|:---|
| Nchacha Etta Separation Agreement <br> June 4, 2025 <br> Page 4 of 14 | ![](tm2517210d1_ex10-1img002.jpg) |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**9.** **Release of Claims.**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(a)** **General Release of Claims**. In exchange for the consideration provided to you under this Agreement to which you would not otherwise be entitled, you hereby generally and completely release the Company, and its affiliated, related, parent and subsidiary entities, and its and their current and former directors, officers, employees, shareholders, partners, agents, attorneys, predecessors, successors, insurers, affiliates, and assigns (collectively, the "**Released Parties**") from any and all claims, liabilities, demands, causes of action, and obligations, both known and unknown, arising from or in any way related to events, acts, conduct, or omissions occurring at any time prior to and including the date you sign this Agreement. The Company has no present intention of bringing any Claims (defined below) against you or your family.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(b)** **Scope of Release**. This general release includes, but is not limited to: (a) all claims arising from or in any way related to your employment with the Company or the termination of that employment; b) claims arising from or in any way related or connected to your tenure, as applicable, (i) as a Director on the Board of Directors or an officer of the Company or (ii) as a director on the board of directors, manager on the board of managers, officer or other equivalent position of any of the Company's affiliated, related, parent, and/or subsidiary entities; (c) all claims related to your compensation or benefits from the Company, including salary, bonuses, commissions, vacation pay, expense reimbursements, severance pay, fringe benefits, stock, stock options, or any other ownership, equity, or profits interests in the Company; (d) all claims for breach of contract, wrongful termination, and breach of the implied covenant of good faith and fair dealing; (e) all tort claims, including claims for fraud, defamation, emotional distress, and discharge in violation of public policy; and (f) all federal, state, and local statutory claims, including claims for discrimination, harassment, retaliation, attorneys' fees, or other claims arising under the federal Civil Rights Act of 1964 (as amended), the federal Americans with Disabilities Act of 1990, the Age Discrimination in Employment Act ("**ADEA**"), the Older Workers Benefit Protection Act ("**OWBPA**"), the Texas Commission on Human Rights Act, the Texas Anti-Retaliation Act, Chapter 21 of the Texas Labor Code, the Texas Whistleblower Act, or any other claim under any state's human rights act, wage payment act, civil rights laws, or similar laws; any law governing any aspect of employment and any amendments thereto (except for claims for workers' compensation and unemployment insurance benefits); and any claim under any municipal, state, or federal common law, statute, regulation or ordinance (collectively, "**Claims**"). The identification of specific statutes is for purposes of example only, and the omission of any specific statute or law shall not limit the scope of this general release in any manner.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(c)** **ADEA Release.** You acknowledge that you are knowingly and voluntarily waiving and releasing any rights you may have under the ADEA (the "**ADEA Waiver**"), and that the consideration given for the ADEA Waiver is in addition to anything of value to which you are already entitled. You further acknowledge that you have been advised, as required by the ADEA, that: (i) your ADEA Waiver does not apply to any rights or claims that may arise after the date that you sign this Agreement; (ii) you should consult with an attorney prior to signing this Agreement (although you may choose voluntarily not to do so); (iii) you have twenty-one (21) days to consider this Agreement (although you may choose voluntarily to sign it earlier); (iv) you have seven (7) days following the date you sign this Agreement to revoke the ADEA Waiver (by providing written notice of your revocation to the Company's head of Human Resources); and (v) this Agreement will not be effective until the date upon which the revocation period has expired unexercised, which will be the eighth day after the date that this Agreement is signed by you provided that you do not revoke them (the "**Effective Date"**).

---

| | |
|:---|:---|
| Nchacha Etta Separation Agreement <br> June 4, 2025 <br> Page 5 of 14 | ![](tm2517210d1_ex10-1img002.jpg) |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(d)** **Exceptions**. Notwithstanding the foregoing, you are not releasing the Company hereby from: (i) any obligation to indemnify you pursuant to the Articles and Bylaws of the Company, any corporate governance document or contract, or otherwise, or any valid fully executed indemnification agreement with the Company, applicable law, or applicable directors and officer's liability and/or employment practices liability and/or errors and omissions insurance; (ii) your rights in and to your Company equity awards, including, without limitation, your right to exercise, hold, and sell your Company equity awards (subject to the terms of the Equity Documents, as modified by this Agreement); (iii) any claims that cannot be waived by law; (iv) any claims for breach of this Agreement and your rights to enforce this Agreement; (v) your right to receive benefits required to be provided in accordance with applicable law, including without limitation, continued health coverage under COBRA; or (vi) claims that arise after you execute this Agreement. You further understand that nothing in this Agreement limits your ability to file a charge or complaint with the Equal Employment Opportunity Commission, the Department of Labor, the National Labor Relations Board, the Occupational Safety and Health Administration, the Securities and Exchange Commission or any other federal, state or local governmental agency or commission ("**Government Agencies**"). You further understand this Agreement does not limit your ability to communicate with any Government Agencies or otherwise testify, assist, or participate in any investigation, hearing, or proceeding that may be conducted by any Government Agency, including providing documents or other information, without notice to the Company. While this Agreement does not limit your right to receive an award for information provided to the Securities and Exchange Commission, you understand and agree that, to maximum extent permitted by law, you are otherwise waiving any and all rights you may have to individual relief based on any claims that you have released and any rights you have waived by signing this Agreement. Further, nothing in this Agreement shall be construed to prohibit you from engaging in protected concerted activity under the National Labor Relations Act for the purpose of collective bargaining or other mutual aid or protection, including, without limitation, (i) making disclosures concerning this Agreement in aid of such concerted activities, (ii) filing unfair labor practice charges, (iii) assisting others who are filing such charges, and (iv) cooperating with the investigative process of the National Labor Relations Board or other Government Agencies.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**10.** **Return of Company Property**. You agree that, within ten (10) days from the Separation Date, or earlier if requested by the Company, you will return to the Company all Company documents (and all copies thereof of which you are aware and that are reasonably accessible to you) and other Company property in your possession or control that you are reasonably able to return, including, but not limited to, Company files, notes, drawings, records, plans, forecasts, reports, studies, analyses, proposals, agreements, drafts, financial and operational information, research and development information, sales and marketing information, customer lists, prospect information, pipeline reports, sales reports, personnel information, specifications, code, software, databases, computer-recorded information, tangible property and equipment (including, but not limited to, computing and electronic devices, mobile telephones, servers), credit cards, entry cards, identification badges and keys; and any materials of any kind which contain or embody any proprietary or confidential information of the Company (and all reproductions or embodiments thereof in whole or in part). Notwithstanding the foregoing, you may retain the laptop and monitor(s) issued to you by the Company; provided, that you permanently delete and expunge all Company documents and confidential and proprietary information contained thereon and certify to the same in writing within ten (10) days from the Separation Date or earlier if requested by the Company. You agree that you will make a diligent search to locate any such documents, property, and information by the close of business on the Separation Date or as soon as possible thereafter. If you have used any personally owned computer or other electronic device, server, or e-mail system to receive, store, review, prepare or transmit any Company confidential or proprietary data, materials or information, within five (5) days after the Separation Date, you shall provide the Company with a computer-useable copy of such information of which you are aware and that is reasonably accessible to you and then permanently delete and expunge such Company confidential or proprietary information from those systems; and you agree to provide the Company reasonable access to your system and the Company laptop retained by you as requested to verify that the necessary copying and/or deletion is completed. Non-compliance with the return of information and information deletion requirements of this paragraph would be a material breach of this Agreement and your timely compliance with this paragraph is a condition to your receipt of the Severance Benefits provided under this Agreement**.**

---

| | |
|:---|:---|
| Nchacha Etta Separation Agreement <br> June 4, 2025 <br> Page 6 of 14 | ![](tm2517210d1_ex10-1img002.jpg) |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**11.** **Confidential Information Obligations**. You acknowledge and reaffirm your continuing obligations under your Employer's Proprietary Information and Inventions Agreement ("**EPIIA**") such that you will hold any confidential and proprietary information in in the strictest of confidence and will take reasonable efforts to protect all Confidential Information (as defined below) from disclosure except when required to disclose such information by law. If you have any questions regarding which information would be considered by the Company to be information subject to these obligations, you agree to contact the Sr Director People Strategist immediately. As used in this Agreement, "**Confidential Information**" means: (1) information of the Company, to the extent not considered a Trade Secret (as defined below) under applicable law, that: (i) relates to the business of the Company; (ii) possesses an element of value to the Company; (iii) is not generally known to the Company's Competitors (as defined below); and (iv) would damage the Company if disclosed; or (2)information of any third party provided to the Company that the Company is obligated to treat as confidential (such third party to be referred to as the "**Third Party**"), including, but not limited to, information provided to the Company by its licensors, suppliers, or Customers (as defined below). "**Trade Secrets**" means the Company's trade secrets as defined by applicable statutory or common law. "**Competitor**" means those entities in competition with the Company which are listed in <u>Exhibit A</u> of this Agreement. "**Customer**" means any person or entity to whom the Company has sold products or services, directly solicited to sell its products or services, or cultivated a relationship intended to increase the sales of the Company's products or services in the previous twelve (12) months. Subject to the foregoing general definition, Confidential Information includes, but is not limited to: (i) business plans; (ii) the composition, description, or characteristics of current or contemplated products of the Company; (iii) pricing information, such as price lists; (iv) proprietary software and reports derived from said software; (v) advertising or marketing plans; (v) information regarding independent contractors, employees, licensors, suppliers, customers, or any Third Party, including, but not limited to, customer lists compiled by the Company, and customer or market information compiled by the Company; and (vi) information concerning the Company's financial structure or condition, the Company's prospects or plans, its marketing and sales programs, the Company's research and development information, the Company's contemplated or actual mergers and acquisitions, stock splits and divestitures, and its methods and procedures of operation. Confidential Information shall not include any information that: (i) is or becomes generally available to the public other than as a result of an unauthorized disclosure; (ii) has been independently developed and disclosed by others without violating this Agreement or the legal rights of any party; or (iii) otherwise enters the public domain through lawful means.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**12.** **Non-Competition**. As a condition to receiving the payments and other benefits provided by this Agreement, you acknowledge and reaffirm your agreement to comply with the restrictive covenants set forth in your Global Restricted Stock Unit Award Agreements, including the obligations relating to non-competition contained therein.

---

| | |
|:---|:---|
| Nchacha Etta Separation Agreement <br> June 4, 2025 <br> Page 7 of 14 | ![](tm2517210d1_ex10-1img002.jpg) |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**13.** **Non-Solicitation of Customers**. As a condition to receiving the payments and other benefits provided by this Agreement, you acknowledge and reaffirm your agreement to comply with the restrictive covenants set forth in your Global Restricted Stock Unit Award Agreements, including the obligations relating to non-solicitation of customers contained therein.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**14.** **Non-Recruit of Employees**. For the twelve (12) months following the Separation Date, you will not, directly or indirectly, solicit, recruit or induce any employees or exclusive consultants to terminate their employment relationship with the Company, or take away employees or exclusive consultants of the Company, either yourself or for any other person or entity engaged in the Business (as defined below); provided, that, notwithstanding the foregoing, in no event shall a generalized solicitation constitute a violation of this provision unless targeted at Company employees or exclusive consultants. "**Business**" means the development, manufacture, sale, or marketing of manufactured automated systems for medication management in hospitals and other healthcare settings, and medication adherence packaging and patient engagement software used by retail pharmacies, as well as the products and services offered in the Company's specialty pharmacy services business, through which the Company provides solutions for health systems to establish, maintain, and optimize specialty pharmacies.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**15.** **False Statements.** You shall not, and the Company shall direct its members of the Board and its executive officers not to, make false or disparaging statements about one another nor about the Company's officers, directors, employees, shareholders, parents, subsidiaries, affiliates, and agents in any manner likely to be harmful to your, its, or their business, business reputation, or personal reputation; provided that: (a) you may respond accurately and fully to any request for information if required by legal process or in connection with a government investigation; (b) nothing in this provision or this Agreement is intended to prohibit or restrain you in any manner from making disclosures protected under the whistleblower provisions of federal or state law or regulation or other applicable law or regulation; and (c) nothing in this provision or this Agreement prevents you from discussing or disclosing information about unlawful acts in the workplace such as harassment or discrimination or any other conduct that you have reason to believe is unlawful. In response to any reference request from a prospective employer, the Company will only confirm your dates of employment and positions held. For the avoidance of doubt, notwithstanding anything to the contrary herein, (i) no provision of this Agreement shall be applied or interpreted so as to impede you (or any other individual) from reporting possible violations of law to any government agency or entity, including but not limited to the Department of Justice, the Securities and Exchange Commission, the Congress, and any agency Inspector General, or making other disclosures under the whistleblower provisions of federal or state law or regulation and (ii) you do not need the prior authorization of the Company to make any such reports or disclosures and you shall not be required to notify the Company that such reports or disclosures have been made. The preceding sentence supersedes any prior agreement or Company policy that provides to the contrary.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**16.** **No Voluntary Adverse Action**. You agree that you will not voluntarily (except in response to legal compulsion or as permitted under Section 7(e) of this Agreement) assist any person in bringing or pursuing any proposed or pending litigation, arbitration, administrative claim or other formal proceeding against the Company, its parent or subsidiary entities, affiliates, officers, directors, employees, or agents.

---

| | |
|:---|:---|
| Nchacha Etta Separation Agreement <br> June 4, 2025 <br> Page 8 of 14 | ![](tm2517210d1_ex10-1img002.jpg) |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**17.** **Cooperation.** For twenty-four (24) months after your Separation Date, you agree to reasonably cooperate with the Company in connection with its actual or contemplated defense, prosecution, or investigation of any claims or demands by or against third parties, or other matters arising from events, acts, or failures to act that occurred during the period of your employment by the Company. Such cooperation includes, without limitation, making yourself available to the Company upon reasonable notice, without subpoena, to provide complete, truthful and accurate information in witness interviews, depositions, and trial testimony. The Company will reimburse you for reasonable out-of-pocket expenses, including without limitation, all attorneys' fees, you incur in connection with any such cooperation (excluding foregone wages), where reasonably under the control of the Company, the Company will make reasonable efforts to (1) accommodate your scheduling needs for all testimony and all other cooperation, and (2) schedule such testimony and other cooperation at locations mutually acceptable to you and the Company.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**18.** **No Admissions.** You understand and agree that the promises and payments in consideration of this Agreement shall not be construed to be an admission of any liability or obligation by either you or the Company to the other, and that the Company and you make no such admission.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**19.** **Representations.** You hereby specifically represent, warrant, and confirm that you have: (i) not filed any claims, complaints, or actions of any kind against the Company with any federal, state, or local court or government agency; (ii) not made any claims or allegations to the Company related to sexual harassment or sexual abuse, and none of the payments set forth in this Agreement are related to sexual harassment or sexual abuse; (iii) been properly paid for all hours worked for the Company; (iv) received all salary, wages, commissions, bonuses, and other compensation due to you with the exception of (a) your final paycheck for wages and any accrued unused PTO which will be paid to you in accordance with paragraph 2 above, (b) payment under the Company's MBO program which will be paid to you in accordance with that program, if applicable, and (c) payment of any outstanding commissions owed to you as of the Separation Date which will be paid to you in accordance with your commission agreement, if applicable; (v) received all leave and leave benefits and protections for which you are eligible pursuant to the Family and Medical Leave Act, or otherwise; (vi) not suffered any on-the-job injury for which you have not already filed a workers' compensation claim; and (vii) not engaged in any unlawful conduct relating to the business of the Company. If any of these statements is not true, you cannot sign this Agreement and must notify the Company immediately in writing of the statements that are not true. This notice will not automatically disqualify you from receiving the benefits offered in this Agreement but will require the Company's further review and consideration.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**20.** **Electronic Signatures**. The documents that comprise this Agreement are agreed as in effect as of the then governing Effective Data and each acknowledged by the parties as a form of an "Electronic Record" (as such term is defined in the Electronic Signatures in Global and National Commerce Act at 15 U.S.C. §7001 et seq. ("E SIGN Act")).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**21.** **Miscellaneous.** This Agreement, including the plans, benefits (including, without limitation, the Severance Plan, Equity Documents, and all rights to indemnification) and programs referenced herein and its exhibits, constitutes the complete, final, and exclusive embodiment of the entire agreement between you and the Company with regard to its subject matter. It is entered into without reliance on any promise or representation, written or oral, other than those expressly contained herein, and it supersedes any other such promises, warranties or representations. This Agreement may not be modified or amended except in a writing signed by both you and a duly authorized officer of the Company. This Agreement will bind the heirs, personal representatives, successors and assigns of both you and the Company, and inure to the benefit of both you and the Company, their heirs, successors and assigns. If any provision of this Agreement is determined to be invalid or unenforceable, in whole or in part, this determination will not affect any other provision of this Agreement and the provision in question will be modified by the court so as to be rendered enforceable to the fullest extent permitted by law, consistent with the intent of the parties. This Agreement will be deemed to have been entered into and will be construed and enforced in accordance with the laws of the State of Arizona without regard to conflict of laws principles. Any ambiguity in this Agreement shall not be construed against either party as the drafter. Any waiver of a breach of this Agreement shall be in writing and shall not be deemed to be a waiver of any successive breach. This Agreement may be executed in counterparts and electronic or facsimile signatures will suffice as original signatures.

---

| | |
|:---|:---|
| Nchacha Etta Separation Agreement <br> June 4, 2025 <br> Page 9 of 14 | ![](tm2517210d1_ex10-1img002.jpg) |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**22.** **Section 409A.** It is intended that this Agreement shall comply with or be exempt from Section 409A of the Internal Revenue Code of 1986, as amended ("Section 409A") to the maximum extent possible and (i) each installment of any benefits payable under this Agreement shall be regarded as a separate "payment" for purposes of Treasury Regulations Section 1.409A-2(b)(2)(i), (ii) all payments of any such benefits under this Agreement satisfy, to the greatest extent possible, the exemptions from the application of Section 409A provided under Treasury Regulations Sections 1.409A-1(b)(4) and 1.409A-1(b)(9)(iii), and (iii) any such benefits consisting of COBRA premiums also satisfy, to the greatest extent possible, the exemption from the application of Section 409A provided under Treasury Regulations Section 1.409A-1(b)(9)(v). However, if the Company reasonably determines that any such benefits payable under this Agreement constitute "deferred compensation" under Section 409A and you are a "specified employee" of the Company, as such term is defined in Section 409A(a)(2)(B)(i), then, solely to the extent necessary to avoid the imposition of the adverse personal tax consequences under Section 409A, the timing of such benefit payments shall be delayed as follows: on the earlier to occur of (A) the date that is six (6) months and one (1) day after your "separation from service" (within the meaning of Section 409A) and (B) the date of your death (such applicable date, the "Delayed Initial Payment Date"), the Company shall (1) pay you a lump sum amount equal to the sum of the benefit payments that you would otherwise have received through the Delayed Initial Payment Date if the commencement of the payment of the benefits had not been delayed pursuant to this paragraph and (2) commence paying the balance, if any, of the benefits in accordance with the applicable payment schedule.

If this Agreement is acceptable to you, please provide your electronic signature as directed and return the document to me. You have twenty-one (21) calendar days to decide whether to accept this Agreement, and the Company's offer contained herein will automatically expire if you do not sign and return it within that timeframe. After your execution of this Agreement, you have seven (7) calendar days to notify the Company that you have revoked this Agreement; if you do not revoke with in those seven (7) calendar days, you will have waived your right to revoke this Agreement.

We wish you the best in your future endeavors.

Sincerely,

**<br> Omnicell, Inc.** 

---

| | |
|:---|:---|
| By: | /s/ Corey Manley |
|  | Corey Manley |
|  | EVP, Chief Legal and Administrative Officer |

---

**Exhibit A – List of Competitors<br> Exhibit B – Separation Date Release**

---

| | |
|:---|:---|
| Nchacha Etta Separation Agreement <br> June 4, 2025 <br> Page 10 of 14 | ![](tm2517210d1_ex10-1img002.jpg) |

---

By signing below, I am acknowledging my separation from Omnicell, Inc. effective as of the Separation Date and confirming my understanding that the EPIIA is still in full force and effect. I acknowledge and confirm my understanding that should I fail to return the company property in my possession in accordance with paragraph 10 of this Agreement, I will not receive the severance benefits provided under this Agreement. I ACKNOWLEDGE AND AGREE THAT I HAVE READ, UNDERSTAND AND VOLUNTARILY ENTER INTO THE FOREGOING AGREEMENT. I ACKNOWLEDGE AND AGREE THAT I HAVE HAD THE OPPORTUNITY TO ASK QUESTIONS AND CONSULT WITH AN ATTORNEY OF MY CHOICE BEFORE SIGNING THIS AGREEMENT. I FURTHER ACKNOWLEDGE THAT MY SIGNATURE BELOW IS AN AGREEMENT TO RELEASE THE COMPANY FROM ANY AND ALL CLAIMS THAT CAN BE RELEASED AS A MATTER OF LAW.

---

| | |
|:---|:---|
| /s/ Nchacha Etta | /s/ Nchacha Etta |
| Nchacha Etta | Nchacha Etta |
| Date: | June 5, 2025 |

---

---

| | |
|:---|:---|
| Nchacha Etta Separation Agreement <br> June 4, 2025 <br> Page 11 of 14 | ![](tm2517210d1_ex10-1img002.jpg) |

---

**Exhibit A**

**List of Competitors**

Competitors of the Company in the Company's Business are the entities listed below including any of their subsidiaries and affiliates:

&nbsp;&nbsp;&nbsp;&nbsp;· Becton, Dickenson, and Co.

&nbsp;&nbsp;&nbsp;&nbsp;· Bluesight, Inc.

&nbsp;&nbsp;&nbsp;&nbsp;· CPS Solutions, LLC

&nbsp;&nbsp;&nbsp;&nbsp;· RedSail Technologies, LLC

&nbsp;&nbsp;&nbsp;&nbsp;· Swisslog Healthcare AG

---

| | |
|:---|:---|
| Nchacha Etta Separation Agreement <br> June 4, 2025 <br> Page 12 of 14 | ![](tm2517210d1_ex10-1img002.jpg) |

---

**Exhibit B**

**Separation Date Release**

**(To be signed on or within twenty-one (21) days after the Separation Date.)**

In consideration for the various benefits provided to me by Omnicell, Inc. (the "**Company**") pursuant to the Separation Agreement with the Company dated June 4, 2025 (the "**Agreement**"), I agree to the terms below.

I hereby generally and completely release the Company, and its affiliated, related, parent and subsidiary entities, and its and their current and former directors, officers, employees, shareholders, partners, agents, attorneys, predecessors, successors, insurers, affiliates, and assigns (collectively, the "**Released Parties**") from any and all claims, liabilities and obligations, both known and unknown, that arise out of or are in any way related to events, acts, conduct, or omissions occurring prior to or on the date you sign this Separation Date Release (the "**Release**").

The general release includes, but are not limited to: (a) all claims arising from or in any way related to your employment with the Company or the termination of that employment; b) claims arising from or in any way related or connected to your tenure, as applicable, (i) as a Director on the Board of Directors or an officer of the Company or (ii) as a director on the board of directors, manager on the board of managers, officer or other equivalent position of any of the Company's affiliated, related, parent, and/or subsidiary entities; (c) all claims related to your compensation or benefits from the Company, including salary, bonuses, commissions, vacation pay, expense reimbursements, severance pay, fringe benefits, stock, stock options, or any other ownership, equity, or profits interests in the Company; (d) all claims for breach of contract, wrongful termination, and breach of the implied covenant of good faith and fair dealing; (e) all tort claims, including claims for fraud, defamation, emotional distress, and discharge in violation of public policy; and (f) all federal, state, and local statutory claims, including claims for discrimination, harassment, retaliation, attorneys' fees, or other claims arising under the federal Civil Rights Act of 1964 (as amended), the federal Americans with Disabilities Act of 1990, the Age Discrimination in Employment Act ("**ADEA**"), the Older Workers Benefit Protection Act ("**OWBPA**"), the Texas Commission on Human Rights Act, the Texas Anti-Retaliation Act, Chapter 21 of the Texas Labor Code, the Texas Whistleblower Act, or any other claim under any state's human rights act, wage payment act, civil rights laws, or similar laws; any law governing any aspect of employment and any amendments thereto (except for claims for workers' compensation and unemployment insurance benefits); and any claim under any municipal, state, or federal common law, statute, regulation or ordinance (collectively, "**Claims**"). The identification of specific statutes is for purposes of example only, and the omission of any specific statute or law shall not limit the scope of this general release in any manner.

I acknowledge that I am knowingly and voluntarily waiving and releasing any rights I have under the ADEA, and that the consideration given for the waiver and releases I have given in this Release is in addition to anything of value to which I was already entitled. I further acknowledge that I have been advised, as required by the ADEA, that: (i) my waiver and release does not apply to any rights or claims that arise after the date I sign this Release; (ii) I should consult with an attorney prior to signing this Release (although I may choose voluntarily not to do so); (iii) I have twenty-one (21) days to consider this Release (although I may choose voluntarily to sign it sooner); (iv) I have seven (7) days following my signing of this Release to revoke the Release by providing written notice of my revocation; and (v) this Release will not be effective until the date upon which the revocation period has expired unexercised, which will be the eighth day after I sign this Release provided that I do not revoke it (the "**Release Effective Date**").

---

| | |
|:---|:---|
| Nchacha Etta Separation Agreement <br> June 4, 2025 <br> Page 13 of 14 | ![](tm2517210d1_ex10-1img002.jpg) |

---

Notwithstanding the foregoing, the following are not included in the Release (the "**Excluded Claims**"): (i) any rights or claims for indemnification I may have pursuant to any written indemnification agreement with the Company to which I am a party or under applicable law; (ii) any rights, claim, or claims which cannot, as a matter of law, be released by private agreement; (iii) any rights I have to file or pursue a claim for workers' compensation or unemployment insurance; and (iv) any claims for breach of the Agreement and my rights to enforce the Agreement; (v) my right to receive benefits required to be provided in accordance with applicable law, including without limitation, continued health coverage under COBRA; or (vi) claims that arise after I execute this Release. I understand that nothing in this Release limits my ability to file a charge or complaint with the Equal Employment Opportunity Commission, the Department of Labor, the National Labor Relations Board, the Occupational Safety and Health Administration, the Securities and Exchange Commission, or any other federal, state or local governmental agency or commission ("**Government Agencies**"). I further understand that this Release does not limit my ability to communicate with any Government Agencies or otherwise testify, assist, or participate in any investigation, hearing, or proceeding that may be conducted by any Government Agency, including providing documents or other information, without notice to the Company. I understand that while this Release does not limit my right to receive an award for information provided to the Securities and Exchange Commission, I understand and agree that, to maximum extent permitted by law, I am otherwise waiving any and all rights I may have to individual relief based on any claims that I have released and any rights I have waived by signing this Release. Further, I understand that this Release does not prohibit me from engaging in protected concerted activity under the National Labor Relations Act for the purpose of collective bargaining or other mutual aid or protection, including, without limitation, (a) making disclosures concerning this Release in aid of such concerted activities, (b) filing unfair labor practice charges, (c) assisting others who are filing such charges, and (d) cooperating with the investigative process of the National Labor Relations Board or other Government Agencies

I agree not to make false or disparaging statements about the Company or the Company's officers, directors, employees, shareholders, parents, subsidiaries, affiliates, and agents, in any manner likely to be harmful to its or their business, business reputation, or personal reputation; provided that: (a) I may respond accurately and fully to any request for information if required by legal process or in connection with a government investigation; (b) nothing in this provision, this Release, or the Agreement is intended to prohibit or restrain me in any manner from making disclosures protected under the whistleblower provisions of federal or state law or regulation or other applicable law or regulation; and (c) nothing in this provision, this Release, or the Agreement prevents me from discussing or disclosing information about unlawful acts in the workplace such as harassment or discrimination or any other conduct that I have reason to believe is unlawful. For the avoidance of doubt, notwithstanding anything to the contrary herein, (x) no provision of this Release or the Agreement shall be applied or interpreted so as to impede me (or any other individual) from reporting possible violations of law to any government agency or entity, including but not limited to the Department of Justice, the Securities and Exchange Commission, the Congress, and any agency Inspector General, or making other disclosures under the whistleblower provisions of federal or state law or regulation and (y) I do not need the prior authorization of the Company to make any such reports or disclosures and I shall not be required to notify the Company that such reports or disclosures have been made. The preceding sentence supersedes any prior agreement or Company policy that provides to the contrary.

---

| | |
|:---|:---|
| Nchacha Etta Separation Agreement <br> June 4, 2025 <br> Page 14 of 14 | ![](tm2517210d1_ex10-1img002.jpg) |

---

I hereby represent warrant, and confirm that I have: (i) not filed any claims, complaints, or actions of any kind against the Company with any federal, state, or local court or government agency; (ii) not made any claims or allegations to the Company related to sexual harassment or sexual abuse, and none of the payments set forth in the Separation Agreement are related to sexual harassment or sexual abuse; (iii) been properly paid for all hours worked for the Company; (iv) received all salary, wages, commissions, bonuses, and other compensation due to me with the exception of (a) my final paycheck for wages which will be paid to me in accordance with the Agreement, (b) payment under the Company's MBO program which will be paid to me in accordance with that program, if applicable, and (c) payment of any outstanding commissions owed to me as of the Separation Date which will be paid to me in accordance with my commission agreement, if applicable; (v) have received all the leave and leave benefits and protections for which I am eligible, pursuant to the Family and Medical Leave Act or otherwise, (vi) have not suffered any on-the-job injury for which I have not already filed a claim; and (vii) not engaged in any unlawful conduct relating to the business of the Company. If any of these statements is not true, you cannot sign this Release and must notify the Company immediately in writing of the statements that are not true. This notice will not automatically disqualify you from receiving the Severance Benefits offered in the Agreement but will require the Company's further review and consideration.

I ACKNOWLEDGE AND AGREE THAT I HAVE READ, UNDERSTAND AND VOLUNTARILY ENTER INTO THE FOREGOING RELEASE. I ACKNOWLEDGE AND AGREE THAT I HAVE HAD THE OPPORTUNITY TO ASK QUESTIONS AND CONSULT WITH AN ATTORNEY OF MY CHOICE BEFORE SIGNING THIS RELEASE. I FURTHER ACKNOWLEDGE THAT MY SIGNATURE BELOW IS AN AGREEMENT TO RELEASE THE COMPANY FROM ANY AND ALL CLAIMS THAT CAN BE RELEASED AS A MATTER OF LAW.

If this Agreement is acceptable to you, please provide your electronic signature as directed and return the document to me. You have twenty-one (21) calendar days to decide whether to accept this Agreement, and the Company's offer contained herein will automatically expire if you do not sign and return it within that timeframe. After your execution of this Agreement, you have seven (7) calendar days to notify the Company that you have revoked this Agreement; if you do not revoke within those seven (7) calendar days, you will have waived your right to revoke this Agreement.

---

| | |
|:---|:---|
| By: |  |
|  | Nchacha Etta |
| Date: |  |

---