Document:

Offer letter with Cary B. Cole,  dated May 31, 2001

 Exhibit 10.9 
 [BRONCUS TECHNOLOGIES, INC. LETTERHEAD] 
 May 31, 2001 
 Cary Cole 
 Dear Cary: 
 I am
pleased to offer you the position of Vice President, Marketing at Broncus. In this position you will report directly to me. In making this offer, I am expressing our enthusiastic support of your abilities to help Broncus become a great success. The
purpose of this letter is to outline the offer and terms of your employment. 
  

			
	Job Title:	  	Vice President, Marketing
		
	Starting Date:	  	by June 18, 2001
		
	Salary:	  	$10,833 per month (annualizes to $130,000 per year)
		
	One-time Bonus	  	You will receive a one-time bonus of $7,500 (gross) within 60 days following your start with Broncus. If you elect to leave Broncus, or your employment is terminated for cause, before your first
year anniversary you will repay Broncus the entire $7,500. If after your first anniversary, but before your second anniversary, you elect to leave Broncus, or your employment is terminated for cause, you will repay Broncus 50% (ie. $3,750) of this
one-time bonus. Upon your second anniversary with the Broncus you will have no further obligation to repay any portion of this one-time bonus.
		
	Bonus:	  	You will be eligible to participate as a member of the Senior Staff in a performance-based bonus program that presently is designed to pay up to 22.5% of your annual base salary, and also offers
an opportunity for additional option awards.
		
	Stock Options:	  	You will be granted an incentive stock option to purchase 125,000 common shares at the price in effect on the day of the next Board meeting following your first day of employment in accordance
with the terms of the Broncus Technologies, Inc. employee stock option plan. These options will vest 25% (31,250 shares) at the end of the first year of employment and 1/36th (2,604 shares) of the remaining balance for each month thereafter for 36 months, for a total vesting period of four years. These options may be exercised immediately, or up to ten years from the date of grant, so
long as you are an employee of the Company.

			
	Relocation:	  	It is understood that you will secure housing in the Bay Area. Broncus will reimburse you up to a combined total of $5,000 for the reasonable, documented direct costs of 1.) moving your
household goods to the Bay Area, and 2.) your one-time travel costs to relocate to the Bay Area. In addition, Broncus will provide you with a one-time relocation grant of $2,500 (gross), around the time of your move, to help cover incidental
expenses related to relocation.
		
	Benefits:	  	Broncus has an employee group insurance plan which, in short, provides medical, dental, life, and AD&D. In addition, Broncus offers a 401(k) savings plan, and a Section 125 pretax
medical/childcare expense reimbursement plan.
		
	Vacation:	  	Three weeks paid vacation per year in accordance with the Company’s vacation policy.
		
	Other:	  	 You will abide by all Broncus policies and rules, especially its policy that prohibits any new employee from using or bringing with them from any
prior employer any confidential information, trade secrets or proprietary materials or processes of said former employer.
  
 Your employment at Broncus is at will, meaning it is not for a specific term and can be terminated by you or by Broncus at any time for any reason, with or without cause.

 This offer is contingent upon your executing Broncus’ Proprietary Information and Inventions Agreement (copy attached) for new employees, and
providing the Company with the legally required proof of identity and authorization to work in the United States.
  
 You hereby acknowledge that you are not a party to any agreement that in any way prohibits or imposes any restrictions on your employment with the Company, and your acceptance hereof will not breach any agreement to
which you are a party.
  
 Any dispute arising hereunder or arising out of your employment
or other relations with the Company will be subject to binding arbitration under the auspices of the American Arbitration Association. This agreement shall be governed, construed and enforced in accordance with the laws of California without regard
for the principles of conflict law. Should any provision of this agreement, or portion thereof, be found invalid and unenforceable, the remaining provisions shall continue in force and effect.

			
		  	 Once signed by you, this letter will become a legally binding contract. It will constitute our complete agreement, and will supersede all prior
agreements, promises, and discussions.
  
 This agreement may only be amended or modified
in a subsequent written document signed by the President of Broncus Technologies, Inc.

 This offer of employment is valid only through June 4, 2001. 
 Cary, I believe you will be an outstanding Vice President, Marketing with Broncus. I truly feel that we have an exciting opportunity ahead of us to which you can make a
substantial contribution. I look forward to working with you in a long and mutually beneficial relationship. 
 Sincerely, 
  

	
	 /s/ Glendon French

	Glendon E. French
	President and CEO

 I agree to the above stated terms and conditions: 
  

					
	 /s/ Cary Cole
	 		 	6/4/01
	Cary Cole	 		 	DateOffer letter with Dean MacIntosh, dated August 29, 2007

 Exhibit 10.10 
 [BRONCUS TECHNOLOGIES, INC. LETTERHEAD] 
 August 29,2007 
 Dean Maclntosh 
 Dear Dean: 
 I
am pleased to offer you the position of Chief Financial Officer with Broncus Technologies, Inc. reporting to the CEO. In making this offer, I am expressing my enthusiastic support of your abilities to help Broncus become a great success. The
purpose of this letter is to outline the offer and terms of your employment. 
  

			
	Job Title:	  	Chief Financial Officer
		
	Start Date:	  	September 17, 2007
		
	Salary:	  	$18,750.00 per month (annualizes to $225,000 per year)
		
	Bonus:	  	You will be eligible to participate in the standard Broncus cash and equity performance-based bonus program. At this time, the cash bonus may pay out as much as 22.5% of your annual
compensation, prorated for full-time employment during the bonus year.
		
	Stock Options:	  	Subject to Board approval, you will be granted an option to purchase 1,607,840 shares, at the next Board meeting following your first day of employment in accordance with the terms of
the Broncus Technologies, Inc. employee stock option plan. This amount represents 1.0% of the fully diluted shares after the final Series F closing. This amount will be adjusted upwards if the final closing results in the ownership percentage
to be below 1.0%.
		
		  	These options will vest 25% (401,960 shares) at the end of the first year of employment and 1/36th (33,496 shares) of the remaining balance for each month thereafter for 36 months, for a total vesting period of four years. These options may be exercised ten years from the date of grant so long as you are an employee of the
Company.
		
	Benefits:	  	Broncus has an employee group insurance plan, which, in short, provides medical, dental, vision, life, and AD&D insurance. You will be eligible for these benefits the month following your
hire date and are a full-time employee.
		
	Vacation:	  	Three weeks paid vacation per year in accordance with the Company’s vacation policy. Sick time is accrued separately.
		
	Other:	  	You will abide by all Broncus policies and rules, especially its policy that prohibits any new employee from using or bringing with them from any prior employer any confidential information,
trade secrets or proprietary materials or processes of said former employer.
		
		  	Your employment at Broncus is at will, meaning it is not for a specific term and can be terminated by you or by Broncus at any time for any reason, with or without cause.

  

			
		 	This offer is contingent upon your executing Broncus1 Proprietary Information and Inventions
Agreement (copy attached) for new employees, successful reference checks, background check, and providing the Company with the legally required proof of identity and authorization to work in the United States.
		
		 	You hereby acknowledge that you are not a party to any agreement that in any way prohibits or imposes any restrictions on your employment with the Company, and your acceptance hereof will not
breach any agreement to which you are a party.
		
		 	Any dispute arising hereunder or arising out of your employment or other relations with the Company will be subject to binding arbitration under the auspices of the American Arbitration
Association. This agreement shall be governed, construed and enforced in accordance with the laws of California without regard for the principles of conflict law. Should any provision of this agreement, or portion thereof, be found invalid and
unenforceable, the remaning provisions shall continue in force and effect.
		
		 	Once signed by you, this letter will become a legally binding contract. It will constitute our complete agreement, and will supersede all prior agreements, promises, and
discussions.
		
		 	This agreement may only be amended or modified in a subsequent written document signed by the President of Broncus Technologies, Inc.
		
		 	This offer of employment is valid only through August 31,2007

 Dean, I believe you will be an outstanding Chief Financial Officer for Broncus. I look forward to working
with you in a long and mutually beneficial relationship. 
 Sincerely, 
  

	
	 /s/ Cary Cole

	Cary Cole
	President & CEO

  

					
	  

	I agree to the above stated terms and conditions:	  	
			
	 /s/ Dean Maclntosh
	  		  	8/31/07
	Dean Maclntosh	  		  	DateOffer letter with Nancy E. Isaac, dated October 20, 2005

 Exhibit 10.11 
 [BRONCUS TECHNOLOGIES, INC. LETTERHEAD] 
 October 20, 2005 
 Nancy Isaac 
 [DELIVERED BY HAND] 
 Dear Nancy: 
 I am pleased to offer you the position of Vice President,
Regulatory & Quality Affairs with Broncus Technologies, Inc. In this position, you will report directly to Cary Cole. In making this offer, I am expressing my enthusiastic support of your abilities to help Broncus become a great
success. The purpose of this letter is to outline the offer and terms of your employment. 
  

			
	Job Title:	  	Vice President, Regulatory & Quality Affairs
		
	Start Date:	  	December 5, 2005
		
	Salary:	  	$17,083.33 per month (annualizes to $205,000)
		
	Bonus:	  	You will be eligible to participate in the standard Broncus cash and equity performance-based bonus program. At this time, the cash bonus may pay out as much as 22.5% of annual base salary,
prorated for employment time during the bonus year.
		
	Stock Options:	  	Subject to Board approval, you will be granted an option to purchase 625,000 shares at the next Board meeting following your first day of employment in accordance with the terms of the
Broncus Technologies, Inc. employee stock option plan. These options will vest 25% (156,250 shares) at the end of the first year of employment and 1/36th
(13,020 shares) of the remaining balance for each month thereafter for 36 months, for a total vesting period of four years. These options may be exercised ten years from the date of grant so long as you are an employee of the
Company.
		
	Benefits:	  	Broncus has an employee group insurance plan, which, in short, provides medical, dental, life, and AD&D insurance.
		
	Vacation:	  	Three weeks paid vacation per year in accordance with the Company’s vacation policy.
		
	Other:	  	You will abide by all Broncus policies and rules, especially its policy that prohibits any new employee from using or bringing with them from any prior employer any confidential information,
trade secrets or proprietary materials or processes of said former employer.

			
		  	Your employment at Broncus is at will, meaning it is not for a specific term and can be terminated by you or by Broncus at any time for any reason, with or without cause.
		
		  	This offer is contingent upon your executing Broncus’ Proprietary Information and Inventions Agreement (copy attached) for new employees, successful reference checks, and providing the
Company with the legally required proof of identity and authorization to work in the United States.
		
		  	You hereby acknowledge that you are not a party to any agreement that in any way prohibits or imposes any restrictions on your employment with the Company, and your acceptance hereof will not
breach any agreement to which you are a party.
		
		  	Any dispute arising hereunder or arising out of your employment or other relations with the Company will be subject to binding arbitration under the auspices of the American Arbitration
Association. This agreement shall be governed, construed and enforced in accordance with the laws of California without regard for the principles of conflict law. Should any provision of this agreement, or portion thereof, be found invalid and
unenforceable, the remaining provisions shall continue in force and effect.
		
		  	Once signed by you, this letter will become a legally binding contract. It will constitute our complete agreement, and will supersede all prior agreements, promises, and
discussions.
		
		  	This agreement may only be amended or modified in a subsequent written document signed by the President of Broncus Technologies, Inc.
		
		  	This offer of employment is valid only through October 21, 2005.

 Nancy, I believe you will be an outstanding Vice President, Regulatory & Quality Affairs with
Broncus. I truly feel that we have an exciting opportunity ahead of us to which you can make a significant contribution. I look forward to working with you in a long and mutually beneficial relationship. 
 Sincerely, 
  

	
	/s/ Cary Cole
	
	Cary Cole
	President & CEO

	
	  

	 I agree to the above stated terms and conditions:

  

					
	 /s/ Nancy Isaac
	 		 	10/20/05
	Nancy Isaac	 		 	Date

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