Document:

EX-10.8

 Exhibit 10.8 

EXECUTION VERSION 

AMENDED AND RESTATED EMEA GUARANTY AND PLEDGE AGREEMENT 

This AMENDED AND RESTATED EMEA GUARANTY AND PLEDGE AGREEMENT (the “EMEA Guaranty”), dated as of May 18,
2022, made by Bird Rides International Holding, Inc. (the “EMEA Guarantor”), is made in favor of MidCap Financial Trust, as Administrative Agent) (the “Administrative Agent”) and the Lenders (the
“Lenders” collectively with the Administrative Agent and the other Secured Parties, the “Beneficiaries”) under the Credit Agreement (as defined below). 

RECITALS 

1.    Bird US Opco, LLC as Borrower (the “Borrower”) and Bird US Holdco, LLC, as Guarantor, the
Beneficiaries have entered into the Loan and Security Agreement dated as of April 27, 2021 (as amended, supplemented or modified from time to time, the “Credit Agreement”). Capitalized terms used herein and not otherwise
defined herein shall have the meanings assigned to them in the Credit Agreement. 
 2.    Prior to the Beneficiaries
extending credit to the Borrower in respect of the EMEA Loans under the Credit Agreement, the Borrower is required to provide the Beneficiaries with a guarantee duly executed by the EMEA Guarantor, and this EMEA Guaranty is being delivered in
satisfaction of such requirement. 
 3.    The EMEA Guarantor derives substantial direct and indirect benefits from the
extensions of credit contemplated by the Credit Agreement. 
 4.    The EMEA Guarantor previously entered into that
certain EMEA Guaranty and Pledge Agreement dated as of April 8, 2022 in favor of the Beneficiaries under the Credit Agreement (the “Existing EMEA Guaranty”), and desires to amend and restate the Existing EMEA Guaranty. 

GUARANTEE 
 As an
inducement to the Beneficiaries to extend credit to the Borrower in respect of the EMEA Loans and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the EMEA Guarantor agrees as follows: 

1.    Guarantee. The EMEA Guarantor hereby unconditionally guarantees (as primary obligor and not merely as surety) to each
Beneficiary and its successors and permitted assigns the punctual and complete payment of all amounts due and payable and performance of all other obligations in respect of the EMEA Loans (now or hereafter arising, by acceleration or otherwise) by
the Borrower under the Credit Agreement (the “Guaranteed Obligations”) without regard to any defense of any kind which the EMEA Guarantor may have or assert, and without abatement, suspension, deferment or diminution of any event or
condition whatsoever. 

  
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 2.    Guarantee Absolute and Unconditional. The EMEA Guarantor
hereby agrees that its obligations shall be absolute, irrevocable and unconditional and, without limiting the generality of the foregoing, shall not be released, discharged or otherwise affected by: 

(a)    any failure or delay to enforce the provisions of the Credit Agreement; 

(b)    the perfection, release or extent of any Collateral or EMEA Guarantor Collateral or any failure to realize on any
Collateral or EMEA Guarantor Collateral; 
 (c)    any waiver, modification or consent to departure from, or amendment of
the Credit Agreement; 
 (d)    the invalidity, illegality or unenforceability of the Credit Agreement or the Guaranteed
Obligations; 
 (e)    any change in the corporate existence, structure or ownership of the Borrower or the EMEA
Guarantor; or 
 (f)    any other circumstances (other than payment in full) which may otherwise constitute a
legal or equitable discharge of a surety or guarantor. 
 This EMEA Guaranty constitutes a guarantee of payment when due and not of collection. The
Beneficiaries have no duty or responsibility whatsoever to the EMEA Guarantor and make no representation or warranty in respect of the management and maintenance of the Guaranteed Obligations or any collateral therefor. 

3.    Parallel Debt. For the purpose of taking and ensuring the continuing validity and enforceability of the
security created under the EMEA Dutch Pledge, the EMEA Guarantor hereby agrees and covenants with the Administrative Agent that it shall pay to the Administrative Agent an amount equal to, and in the currency of, any sums owing by it to a Secured
Party under any Transaction Document (the “Principal Obligations”) as and when the same fall due for payment under the relevant Transaction Document (the “Parallel Debt”). 

The Parallel Debt will become due and payable as and when one or more of the Principal Obligations of the EMEA Guarantor becomes due and
payable. 
 Notwithstanding anything to the contrary in any Transaction Document, the Administrative Agent shall have its own independent
right to demand payment of the Parallel Debt by the Secured Parties and the Administrative Agent acts in its own name and not as a trustee, and its claims in respect of the Parallel Debt shall not be held on trust. The rights of the Secured Parties
to receive payment of the Principal Obligations are several from the rights of the Administrative Agent to receive payment of the Parallel Debt; provided that the payment by the EMEA Guarantor of its Parallel Debt to the Administrative Agent in
accordance with this paragraph and the immediately preceding paragraph shall be a good discharge of the corresponding Principal Obligations and the payment by the EMEA Guarantor of its corresponding Principal Obligations in accordance with the
Transaction Documents shall be a good discharge of the relevant Parallel Debt. In the event of a good discharge of the Principal Obligations, the Administrative Agent and the Secured Parties shall not be entitled any more to demand payment of the
corresponding Parallel Debt and such Parallel Debt shall cease to exist. The amount of the Parallel Debt of the EMEA Guarantor shall at all times be equal to the amount of its Principal Obligations. This shall apply accordingly in the event of a
good discharge of the Parallel Debt to the corresponding Principal Obligations. Despite the foregoing, any payment under the Loan Documents shall be made to the Administrative Agent, unless expressly stated otherwise in the Transaction Documents
(save for this paragraph and the immediately preceding paragraph) or unless the Administrative Agent directs such payment to be made to the Administrative Agent. 

  
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 4.    Waiver by Guarantor. The EMEA Guarantor agrees that the
Beneficiaries may at any time and from time to time, either before or after the maturity thereof, without notice to or further consent of the EMEA Guarantor, extend the time of payment of, exchange or surrender any collateral for, or renew any of
the Guaranteed Obligations, and may also make any agreement with Borrower for the extension, renewal, payment, compromise, discharge or release thereof, in whole or in part, for any modification of the terms thereof or of any agreement between any
of the Beneficiaries and Borrower without in any way impairing or affecting this EMEA Guaranty. The EMEA Guarantor hereby waives notice of acceptance of this EMEA Guaranty, diligence, acceleration, presentment, notice of default or demand of payment
to or upon the Borrower or the EMEA Guarantor, filing of claims with a court in the event of merger or bankruptcy of the Borrower, any right or requirement to proceed first against the Borrower, any protest or notice with respect to the Credit
Agreement or the obligations created or evidenced thereby and all demands whatsoever, any exchange, sale or surrender of, or realization on, any other guarantee or any collateral, and any and all other notices and surety defenses (other than payment
in full) whatsoever. The Beneficiaries shall not be obligated to file any claim relating to the Guaranteed Obligations in the event that Borrower becomes subject to a bankruptcy, reorganization or similar proceeding, and the failure of the
Beneficiaries to so file shall not affect the EMEA Guarantor’s obligations hereunder. 
 5.    Reinstatement in
Certain Instances. The EMEA Guarantor further agrees that if any payment or delivery of any of the Guaranteed Obligations is subsequently rescinded or is subsequently recovered from or repaid by the recipient thereof, in whole or in part, in any
bankruptcy, reorganization, insolvency or similar proceedings instituted by or against the Borrower, or otherwise, the EMEA Guarantor’s obligations hereunder with respect to such Guaranteed Obligation shall be reinstated at such time to the
same extent as though the payment or delivery so recovered or repaid had not been originally made. 

  
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 CONFIDENTIAL TREATMENT REQUESTED 

PURSUANT TO 17 C.F.R. SECTION 200.83 
  

 6.    Security Interest. 

(a)    As security for the performance by the EMEA Guarantor of all the terms, covenants and agreements on the part of the
EMEA Guarantor to be performed under this EMEA Guaranty and any other Transaction Document, including all Guaranteed Obligations, the EMEA Guarantor hereby grants to the Administrative Agent for its benefit and the ratable benefit of the Secured
Parties, a continuing security interest in, all of the EMEA Guarantor’s right, title and interest in, to and under all of the following, whether now or hereafter owned, existing or arising (collectively, the “EMEA Guarantor
Collateral”): (i) sixty-five percent (65%) of the Equity Interests of Bird Rides Europe B.V. and (ii) all proceeds of, and all amounts received or receivable under any or all of, the foregoing. The Administrative Agent (for the
benefit of the Secured Parties) shall have, with respect to all the EMEA Guarantor Collateral, and in addition to all the other rights and remedies available to the Administrative Agent (for the benefit of the Secured Parties), all the rights and
remedies of a secured party under any applicable UCC.
 (b)    The EMEA Guarantor authorizes the Administrative Agent to
perfect the Administrative Agent’s security interest in the EMEA Guarantor Collateral, by filing or authorizing the filing of, at the expense of the EMEA Guarantor, a UCC-1 financing statement naming the
Administrative Agent as secured party and describing the EMEA Guarantor Collateral in a manner that the Administrative Agent reasonably determines is necessary or advisable to perfect the security interest granted hereunder. 

(c)    At any time or from time to time upon the request of the Administrative Agent, the EMEA Guarantor will, at its
expense, promptly execute, acknowledge and deliver such further documents and do such other acts and things as the Administrative Agent reasonably determines is necessary or advisable to perfect the security interest granted hereunder. 

(d)    Upon the Borrower’s obligation to repay the EMEA Loans becoming immediately due and payable, the Administrative
Agent and the other Secured Parties shall have, in addition to the rights and remedies which they may have under this EMEA Guaranty and the other Transaction Documents, all other rights and remedies provided after default under the UCC and under
other Applicable Law, which rights and remedies shall be cumulative. Any proceeds from liquidation of the EMEA Guarantor Collateral shall be applied in the order of priority set forth in Section 4.01 of the Credit Agreement. 

(e)    Immediately upon the satisfaction in full of the Guaranteed Obligations (other than unasserted or contingent
indemnification claims) and the occurrence of the outstanding principal amount of the EMEA Loans being permanently reduced to $0, the EMEA Guarantor Collateral shall be automatically released from the lien created hereby, and this EMEA Guaranty and
all obligations (other than those expressly stated to survive such termination) of the EMEA Guarantor shall terminate, all without delivery of any instrument or performance of any act by any party, and all rights to the EMEA Guarantor Collateral
shall revert to the EMEA Guarantor; provided, however, that promptly following written request therefor by the EMEA Guarantor delivered to the Administrative Agent following any such termination, and at the expense of the EMEA Guarantor, the
Administrative Agent shall execute and deliver to and authorize the filing by the EMEA Guarantor of UCC-3 termination statements or amendment statements and such other documents as the EMEA Guarantor shall
reasonably request to evidence such termination. 

  
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 CONFIDENTIAL TREATMENT REQUESTED 

PURSUANT TO 17 C.F.R. SECTION 200.83 
  

 7.    Representations and Warranties. The EMEA Guarantor hereby
represents and warrants to the Beneficiaries that: 
 (a)    The EMEA Guarantor (i) is a corporation duly organized,
validly existing and in good standing under the laws of the State of Delaware, (ii) has full power and authority to own its properties and assets and to carry on its business as now being conducted and as presently contemplated, and
(iii) has full power and authority to execute, deliver and perform its obligations under this EMEA Guaranty. 

(b)    The execution, delivery and performance by the EMEA Guarantor of its obligations under this EMEA Guaranty will not
(i) violate or conflict with (x) any provision of law, order, judgment or decree of any court or other agency or government, (y) any provision of its constitutional documents, or (z) any agreement or other instrument to which the
EMEA Guarantor is a party or is bound; (ii) result in a breach of, or constitute (with due notice or lapse of time or both) a default under any contractual provision to which it is bound; or (iii) result in the creation or imposition of
any lien, charge or encumbrance of any nature whatsoever upon any of the property or assets of the EMEA Guarantor pursuant to any indenture, agreement or instrument (other than pursuant to this EMEA Guaranty), except in the case of each of the
foregoing clauses (i) through (iii) to the extent that any such conflict, breach, default, lien, charge, encumbrance, or violation as applicable, could not reasonably be expected to have a Material Adverse Effect. 

(c)    Except where the failure to obtain or make such consent, approval or authorization could not reasonably be expected
to have a Material Adverse Effect, all consents, approvals, or authorizations from any Governmental Authority that are required to be obtained in connection with or as a condition to the execution, delivery or performance of this EMEA Guaranty have
been obtained or made and are in full force and effect. 
 (d)    The EMEA Guarantor is Solvent. 

(e)    The EMEA Guarantor is not contemplating either a filing of a petition under any state or federal bankruptcy law, or
the liquidating of all or a major portion of its property; and the EMEA Guarantor has no knowledge of any person contemplating the filing of such petition against it. 

(f)    Perfection Representations. 

(i)    This EMEA Guaranty creates a valid and continuing security interest (as defined in the applicable UCC) in the EMEA
Guarantor’s right, title and interest in, to and under the EMEA Guarantor Collateral which (A) security interest is enforceable against creditors of and purchasers from the EMEA Guarantor, (B)

  
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 CONFIDENTIAL TREATMENT REQUESTED 

PURSUANT TO 17 C.F.R. SECTION 200.83 
  

 
security interest will be perfected upon filing of a financing statement in the EMEA Guarantor’s location (within the meaning of Section 9-307 of
the UCC) naming the EMEA Guarantor as debtor and the Administrative Agent as secured party and describing the EMEA Guarantor Collateral and (C) will be free of all Adverse Claims in such EMEA Guarantor Collateral, except for Permitted Liens.

 (ii)    The EMEA Guarantor owns and has good and marketable title to the EMEA Guarantor Collateral free and clear of
any Adverse Claim of any Person other than Liens permitted to exist under the Credit Agreement. 
 (iii)    All
appropriate financing statements, financing statement amendments and continuation statements have been prepared by the Administrative Agent to be filed in the proper filing office in the appropriate jurisdictions under Applicable Law in order to
perfect (and continue the perfection of) the grant by the EMEA Guarantor of a security interest in the EMEA Guarantor Collateral to the Administrative Agent pursuant to this Agreement. 

(iv)    Other than the security interest granted to the Administrative Agent pursuant to this EMEA Guaranty, the EMEA
Guarantor has not pledged, assigned, sold, granted a security interest in, or otherwise conveyed any of the EMEA Guarantor Collateral except as permitted by the Transaction Documents. The EMEA Guarantor has not authorized the filing of and, except
as otherwise notified to the Administrative Agent in writing, is not aware of any financing statements filed against the EMEA Guarantor that include a description of collateral covering the EMEA Guarantor Collateral other than any financing
statement (i) in favor of the Administrative Agent or (ii) that has been terminated. The EMEA Guarantor is not aware of any judgment lien, ERISA lien or tax lien filings against the EMEA Guarantor that are not permitted by this Agreement
and the other Transaction Documents. 
 (v)    Notwithstanding any other provision of this Agreement or any other
Transaction Document, the representations contained in this Section 6(f) shall be continuing and remain in full force and effect until the Final Payout Date. 

8.    Covenants. The EMEA Guarantor shall not, and shall not permit its subsidiaries to, create, assume, incur,
suffer to exist or otherwise become or remain liable in respect of any Debt or permit any Liens in respect of the EMEA Scooters, if any such Debt or Lien (individually or in the aggregate) could reasonably be expected to have a material adverse
effect on the Borrower’s ability to pay amounts in respect of the EMEA Loan or on the EMEA Guarantor’s ability to perform its obligations hereunder, in each case with revenues earned from the EMEA Scooters (it being agreed and acknowledged
by the Beneficiaries that (i) working capital lines, overdrafts, and cash management obligations incurred in the ordinary course of business and (ii) Permitted Liens, in each case, shall be deemed not to have a material adverse effect on
the Borrower’s ability to pay amounts in respect of the EMEA Loan or on the EMEA Guarantor’s ability to perform its obligations hereunder). 

  
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 9.    Subrogation. The EMEA Guarantor shall be subrogated to all
rights of the Beneficiaries against the Borrower in respect of any amounts paid or deliveries made by the EMEA Guarantor pursuant to the provisions of this EMEA Guaranty, provided, however, that the EMEA Guarantor shall not be entitled to
enforce, or to receive any payments arising out of or based upon, such right of subrogation until payment in full of all of the Guaranteed Obligations. 

10.    Expenses of Enforcement. The EMEA Guarantor further agrees to pay all reasonable and documented out-of-pocket costs and expenses, including reasonable attorneys’ fees, which are incurred by any of the Beneficiaries in any effort to collect or enforce any provision
of this EMEA Guaranty. 
 11.    Set-Off. Upon the Guaranteed Obligations
becoming due and payable (by acceleration or otherwise) under the Credit Agreement or any other applicable Transaction Document, each Beneficiary is hereby authorized to setoff, appropriate and apply (without presentment, demand, protest or other
notice which are hereby expressly waived) any deposits and any other indebtedness held or owing by such Beneficiary (including by any branches or agencies of such Beneficiary) to, or for the account of, the EMEA Guarantor against amounts owing by
the EMEA Guarantor hereunder (even if contingent or unmatured); provided that such Beneficiary shall notify the EMEA Guarantor promptly following such setoff. 

12.    Counterclaim/Setoff and Taxes. All payments and deliveries hereunder shall be made by the EMEA Guarantor
(a) without set-off, counterclaim or deduction; and (b) without ,deduction for Taxes, except as required by Applicable Law. If any Applicable Law (as determined in the good faith discretion of the
EMEA Guarantor) requires the deduction or withholding of any Tax from any such payment by the EMEA Guarantor, then the EMEA Guarantor shall be entitled to make such deduction or withholding and shall timely pay the full amount deducted or withheld
to the relevant Governmental Authority in accordance with Applicable Law and if any such withholding or deduction is in respect of any Indemnified Taxes, then the EMEA Guarantor shall pay such additional amount or amounts as is necessary to ensure
that the net amount actually received by the Beneficiaries will equal the full amount the Beneficiaries would have received had no such withholding or deduction of Indemnified Taxes been required (including, without limitation, such withholdings and
deductions applicable to additional sums payable under this Section 10). After payment of any Tax by the EMEA Guarantor to a Governmental Authority pursuant to this Section 10, the EMEA Guarantor shall promptly forward to the Beneficiaries
the original or a certified copy of an official receipt, a copy of the return reporting such payment, or other documentation reasonably satisfactory to the Beneficiaries evidencing such payment to such authority. 

13.    Governing Law; Submission to Jurisdiction. THIS EMEA GUARANTY AND, TO THE FULLEST EXTENT PERMITTED BY
APPLICABLE LAW, ALL MATTERS ARISING OUT OF OR RELATING IN ANY WAY TO THIS EMEA GUARANTY SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK (INCLUDING SECTIONS 5-1401 AND 5-1402 OF THE GENERAL OBLIGATIONS LAW OF THE STATE OF NEW YORK, BUT WITHOUT REGARD TO ANY OTHER CONFLICTS OF LAW PROVISIONS THEREOF, EXCEPT TO THE EXTENT THAT THE PERFECTION, THE EFFECT OF PERFECTION OR PRIORITY OF
THE INTERESTS OF ADMINISTRATIVE AGENT OR ANY LENDER IN THE COLLATERAL IS 

  
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GOVERNED BY THE LAWS OF A JURISDICTION OTHER THAN THE STATE OF NEW YORK). With respect to any suit, action or proceedings relating to this EMEA Guaranty (“Proceedings”), the EMEA
Guarantor irrevocably: (a) submits to the exclusive jurisdiction of the courts of the State of New York and the United States District Court located in the Borough of Manhattan in New York City and irrevocably agrees to designate any
Proceedings brought in the courts of the State of New York as “commercial” on the Request for Judicial Intervention seeking assignment to the Commercial Division of the Supreme Court; and (b) waives any objection which it may have at
any time to the laying of venue of any Proceedings brought in any such court, waives any claim that such Proceedings have been brought in an inconvenient forum and further waives the right to object, with respect to such Proceedings that such court
does not have any jurisdiction over the EMEA Guarantor. Nothing in this EMEA Guaranty precludes the Beneficiaries from bringing Proceedings in any other jurisdiction in order to enforce any judgment obtained in any Proceedings referred to in the
preceding sentence. 
 14.    Waiver of Jury Trial. EACH PARTY HERETO HEREBY WAIVES, TO THE MAXIMUM EXTENT
PERMITTED BY APPLICABLE LAW, TRIAL BY JURY IN ANY JUDICIAL PROCEEDING INVOLVING, DIRECTLY OR INDIRECTLY, ANY MATTER (WHETHER SOUNDING IN TORT, CONTRACT OR OTHERWISE) IN ANY WAY ARISING OUT OF, RELATED TO, OR CONNECTED WITH THIS AGREEMENT OR ANY
OTHER TRANSACTION DOCUMENT. 
 15.    Successor and Assigns. This EMEA Guaranty shall continue in full force and
effect and be binding upon the EMEA Guarantor and the successors and permitted assigns of the EMEA Guarantor, provided, however, that the EMEA Guarantor may not assign or otherwise transfer this EMEA Guaranty or any obligations hereunder
without the prior written consent of the Beneficiaries and any such assignment or transfer without such consent shall be void. The Beneficiaries may, concurrently with any assignment of their rights and obligations in accordance with the Credit
Agreement, assign this EMEA Guaranty or any rights or powers hereunder, with any or all of the underlying liabilities or obligations, the payment of which is guaranteed hereunder. 

16.    Entire Agreement; Amendments and Waivers. This EMEA Guaranty supersedes any prior negotiations, discussions,
or communications between the Beneficiaries and the EMEA Guarantor and constitutes the entire agreement between the Beneficiaries and the EMEA Guarantor with respect to the Credit Agreement and this EMEA Guaranty. No provision of this EMEA Guaranty
may be amended, modified or waived without the prior written consent of the Beneficiaries. 
 17.    Notices. All
notices or other communications to the EMEA Guarantor and the Beneficiaries shall be delivered pursuant to the requirements set forth in Section 14.02 of the Credit Agreement. 

18.    Amendment and Restatement. This EMEA Guaranty is an amendment and restatement, and not in extinguishment, of
the Existing EMEA Guaranty. Nothing contained herein shall be construed as a release or other discharge of the EMEA Guarantor’s obligations under the Existing EMEA Guaranty, all of which obligations are hereby ratified and confirmed in all
respects and shall continue hereunder. 
 [SIGNATURE PAGE TO FOLLOW.] 

  
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 CONFIDENTIAL TREATMENT REQUESTED 

PURSUANT TO 17 C.F.R. SECTION 200.83 
  

 IN WITNESS WHEREOF, the EMEA Guarantor has caused this Amended and Restated EMEA Guaranty to
be executed by one of its duly authorized representatives or officers. 
  

			
	BIRD RIDES INTERNATIONAL HOLDING, INC.
		
	By:	 	     /s/ Travis VanderZanden
	Name: Travis VanderZanden
	Title: President and Chief Executive Officer

  
 [Signature Page to
Amended and Restated EMEA Guaranty and Pledge Agreement] 

  

 CONFIDENTIAL TREATMENT REQUESTED 

PURSUANT TO 17 C.F.R. SECTION 200.83 
  

 Acknowledged and Agreed: 

MIDCAP FINANCIAL TRUST, 
 as the Administrative Agent 

By: Apollo Capital Management, L.P., its Investment Manager 

By: Apollo Capital Management GP, LLC, its General Partner 
  

			
	By:	 	     /s/ Maurice Amsellem
	Name: Maurice Amsellem
	Title: Authorized Signatory

  
 [Signature Page to
Amended and Restated EMEA Guaranty and Pledge Agreement]tyme-ex1019_17.htm

EXHIBIT 10.19

 

RELEASE AGREEMENT

This Release Agreement (this “Release Agreement”) is made by and between Tyme Technologies, Inc. and Steven Hoffman, as of March 24, 2022.

DEFINITIONS

	
1.
	
As used herein, unless otherwise specified, the term “Company” shall mean Tyme Technologies, Inc., and all of its affiliates, successors, predecessors, assigns, parents, subsidiaries and divisions (whether incorporated or unincorporated).

	
2.
	
As used herein, unless otherwise specified, the term “Employee” shall mean Steven Hoffman.

RECITALS

WHEREAS, Employee and the Company entered into an amended and restated employment agreement dated as of November 24, 2020 (the “Employment Agreement”), which superseded the terms and conditions of the prior employment agreement dated as of March 5, 2015 in its entirety;

WHEREAS, pursuant to this Release Agreement, the Company and Employee have mutually agreed that Employee will resign as an officer of the Company, effective as of March 21, 2022 (the “Separation Date”), and that, after the execution and delivery of this Release Agreement by Employee, without his revocation thereafter, Employee will receive the Severance Payment set forth herein;

WHEREAS, as a condition to the Company’s willingness to enter into this Release Agreement, Employee and the Company have entered into a voting agreement simultaneous with their entry into of this Release Agreement (the “Voting Agreement”); and

WHEREAS, capitalized terms used but not defined in this Release Agreement shall have the meanings given to such terms in the Employment Agreement.

NOW, THEREFORE, in consideration of the promises, representations and mutual covenants contained in this Release Agreement, and for other good and valuable consideration, the sufficiency of which is hereby acknowledged, it is agreed as follows:

1.Termination of Employment.  Employee and the Company hereby mutually agree that Employee’s employment with the Company under the Employment Agreement shall terminate, effective as of the Separation Date, and such termination shall be deemed a termination without Cause under Section 5(a) of the Employment Agreement.  As of the Separation Date, Employee shall cease to be the Chief Science Officer of the Company, and 

 

 

 

 

 

 

 

 

 

his employment with the Company shall end.  Employee shall execute and deliver other documents reasonably requested by the Company to memorialize or effectuate such resignation.  Such resignation and termination shall not affect Employee’s status as a director of the Company.

2.Severance.  The Company shall provide Employee with the following payment in full satisfaction of the Company’s obligations (a) under the Employment Agreement and (b) otherwise, subject to Employee’s execution and delivery of the Voting Agreement: (x) Two Million One Hundred Five Thousand Three Hundred Sixty-Six Dollars and Sixteen Cents ($2,105,366.16) and (y) any unpaid Expenses incurred and submitted for reimbursement as of the Separation Date (collectively, the “Severance Payment”), such Severance Payment to be paid to Employee in one lump sum promptly following the Effective Date, which is inclusive of all amounts payable by the Company pursuant to Section 5(a) of the Employment Agreement.  Notwithstanding anything to the contrary contained in this Agreement, Employee shall receive, in accordance with the Company’s normal payroll practices, his Base Salary for the current payroll period through the Separation Date, which the parties agree is Six Thousand Nine Hundred Forty-Four Dollars and Forty-Four Cents ($6,944.44). 

Employee acknowledges that the payment described above, including the acceleration of the payment of the Severance Payment such that it will be paid in one lump sum, would not be paid or provided unless Employee executed this Release Agreement.  Employee further acknowledges and agrees that such payments are adequate and independent consideration for Employee executing this Release Agreement and releasing any and all claims against the Company.  Employee agrees that all payments to him under this Agreement are due solely from the Company and that Insperity PEO Services, L.P. (“Insperity”) has no obligation to make those payments even though its payment may be processed through Insperity. 

Notwithstanding anything to the contrary contained in this Agreement or otherwise, Employee shall be entitled, to participate in the health and, to the extent eligible following the Separation Date, other welfare plans in which Employee currently participates pursuant to the Consolidated Omnibus Budget Reconciliation Act (“COBRA”), provided that Employee makes all timely elections and makes payment of all amounts required under COBRA. 

3.Release of All Claims. 

(a)By Employee.

(i)In consideration of the above and the Company’s entry into the Voting Agreement, and the other promises set forth in this Release Agreement, Employee fully and forever waives, releases, acquits and discharges the Company, Insperity, and their current and former owners, directors, officers, trustees, shareholders, managers, employees and agents (collectively, the “Company Released Parties”) from and for all manner of claims, actions, suits, charges, grievances and/or causes of action, in law or in equity, existing by reason of and/or based upon any fact or set of facts, known or unknown, existing from the beginning of time through the Separation Date which 

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Employee now has, owns or holds, or has at any time heretofore had, owned or held against the Company Released Parties (collectively, the “Company Released Claims”), including, but not limited to, (i) all claims, actions, suits, charges, grievances and/or causes of action arising under the Employment Agreement, (ii) all claims, actions, suits, charges, grievances and/or causes of action (x) for wages, compensation, liquidated damages, commissions, bonuses, benefits, sums of money, damages of every type, costs, attorneys’ fees, judgments, and executions, (y) alleging wrongful discharge, breach of contract, breach of implied contract, breach of the covenant of good faith and fair dealing, tortious interference with contract or business relationships, assault, battery, invasion of privacy, misappropriation of trade secrets, promissory estoppel, unjust enrichment, loss of consortium, violation of the penal statutes, negligent or intentional infliction of emotional distress, negligence, defamation, retaliation and/or discrimination and/or harassment on account of age, sex, sexual orientation, creed, religion, race, color, national origin, sensory disability, mental disability, physical disability, veteran or military status, marital status, or any other classification recognized under all applicable discrimination laws, or (z) under the common law, civil rights statutes, the Age Discrimination in Employment Act (as amended by the Older Workers Benefit Protection Act), Title VII of the Civil Rights Act of 1964, the Family and Medical Leave Act, the Employee Retirement Income Security Act, the Rehabilitation Act of 1973, the Americans with Disabilities Act, COBRA, the Workers Adjustment Retraining Notification Act, the Equal Pay Act, the Uniformed Services Employment and Reemployment Rights Act, the National Labor Relations Act, the New Jersey Law Against Discrimination, the New Jersey Conscientious Employee Protection Act, the New Jersey Family Leave Act, the New Jersey Wage Payment Law, the New Jersey Wage and Hour Law, or any and all other federal, state or local statutes, ordinances and laws, and (iii) every type of relief (legal, equitable and otherwise) available to Employee.  Nothing in this Release Agreement shall be construed as releasing the Company Released Parties from, and the Company Released Claims shall not include: (1) any claims arising after Employee signs this Release Agreement; (2) any claims related to the enforcement of this Release Agreement or the Voting Agreement; (3) any rights or claims to any Base Salary accrued, but unpaid as of the Separation Date; (4)  any claims that by law cannot be waived by private agreement without judicial or governmental supervision; (5) any rights or claims to any benefits earned or vested pursuant to the Company’s benefit plans as of the Separation Date (other than Options to acquire Capital Stock (“Options”)); (6) any rights arising out of Employee’s ownership of shares of Capital Stock; (7) any rights or claims Employee may have to workers’ compensation or unemployment benefits; (8) Employee’s right to indemnification or exculpation under the Employment Agreement, Employer’s policies or law with respect to Employee’s service as a director or officer of Employer (including without limitation any such rights under Employer’s Certificate of Incorporation, Bylaws and Directors and Officers Liability Insurance coverage); and/or (9) any claims that cannot be waived by law.

(ii)Employee agrees and acknowledges that he has no further right to receive any compensation, payments or benefits from the Company or Insperity, other than (A) as set forth in this Release Agreement, (B) with respect to any matters that are 

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excluded from the Release pursuant to the last sentence of Section 3(a)(i), (C) as a non-employee director of the Company, (D) as the holder of shares of the capital stock of the Company, and (E) as the holder of those Options to purchase shares of the capital stock of the Company previously granted to Employee (but only to the extent such Options, by their terms, survive the Separation Date and, then, only for so long as such Options, by their terms, grant Employee any rights to acquire any capital stock of the Company or other entity).  Employee further agrees and acknowledges that, except as otherwise specified in this Release Agreement, (X) the Company has no further obligations under the Employment Agreement; and (Y) all of Employee’s outstanding Options (whether vested or unvested) shall expire without consideration on the date set forth in the applicable Option assuming for the purpose of such Option that the termination date of employment of Employee is the Separation Date.

(b)By the Company.  In consideration of the granting of the release of the Company of the Company’s obligations under the Employment Agreement and Employee’s entry into the Voting Agreement, and the other promises set forth in this Release Agreement, the Company, with the intention of binding the Company, the Company’s successors and assigns and assigns, fully and forever waives, releases, acquits and discharges Employee, and Employee’s heirs, family members, agents, employees, representatives, executors, administrators, representatives and assigns (collectively, the “Employee Released Parties”) from and for all manner of claims, actions, suits, charges, grievances and/or causes of action, in law or in equity, existing by reason of and/or based upon any fact or set of facts, known or unknown, existing from the beginning of time through the Separation Date which the Company now has, owns or holds, or has at any time heretofore had, owned or held against the Employee Released Parties (collectively, the “Employee Released Claims”).  Nothing in this Release Agreement shall be construed as releasing the Employee Released Parties from (i) any claims arising after the Company signs this Release Agreement; (ii) any claims related to the enforcement of this Release Agreement or the Voting Agreement; (iii) any rights or claims that may arise under the Voting Agreement after its execution by both the Company and Employee, (iv) any claims for fraud, breach of fiduciary duty or arising out of unlawful conduct (it being understood the Company is not aware of any claims or threatened claims), and/or (v) any claims that cannot be waived by law.

4.Covenant Not to Sue.  

(a)By Employee.  Employee represents that he has not filed any action, charge, suit or claim against any Company Released Party with any federal, state or local agency or court relating to any Company Released Claim.  Employee covenants and agrees that he will not pursue or allege any claim, matter or cause of action in violation of, and/or released under, this Release Agreement.  Employee further agrees that should any claims, charges, complaints, suits or other actions be filed hereafter on his behalf by any federal, state or local agency or by any other person or entity with respect to a Company Released Claim, he will immediately withdraw with prejudice, or cause to be withdrawn with prejudice, and/or dismiss with prejudice, or cause to be dismissed with prejudice, any such claims, charges, complaints, suits or other actions filed against any of the Company Released Parties.  Employee further agrees that, to the 

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fullest extent permitted by law, Employee shall receive no relief of any type (monetary, equitable or otherwise) with respect to, relating to and/or on account of any such claims, matters or actions.  Employee agrees to opt out of any class action or collective action filed against any of the Company Released Parties to the extent related to a Company Released Claim.

(b)By the Company.  The Company represents that it has not filed any action, charge, suit or claim against any Employee Released Party with any federal, state or local agency or court relating to any claim Employee may have with respect to the Employment Agreement or Employee’s employment by, or directorship with, the Company (an “Employee Released Claim”).  The Company covenants and agrees that it will not, nor cause any of the Company Released Parties to, pursue or allege any claim, matter or cause of action in violation of, and/or released under, this Release Agreement.  The Company further agrees that should any claims, charges, complaints, suits or other actions be filed hereafter on its behalf by any federal, state or local agency or by any other person or entity with respect to an Employee Released Claim, the Company will immediately withdraw with prejudice, or cause to be withdrawn with prejudice, and/or dismiss with prejudice, or cause to be dismissed with prejudice, any such claims, charges, complaints, suits or other actions filed against any of the Employee Released Parties.  The Company further agrees that, to the fullest extent permitted by law, the Company shall receive no relief of any type (monetary, equitable or otherwise) with respect to, relating to and/or on account of any such claims, matters or actions.  

5.Restrictive Covenants.  Employee acknowledges and agrees that he will remain bound by, and continue to adhere to, those restrictions set forth in Sections 6, 7 and 8(a)‐(d) (it being agreed by the Company and Employee that the term “Restrictive Period” under the Employment Agreement shall terminate on the second anniversary of the Separation Date) of the Employment Agreement that survive the termination of his employment.

6.Confidentiality.  To the fullest extent permitted by law, Employee agrees to keep confidential all facts, opinions, and information which relate in any way to Employee’s employment or cessation of employment with the Company, as well as the terms of this Release Agreement; provided, however, Employee may discuss the terms of this Release Agreement (x) with his legal representative and/or tax preparer, each of whom must also agree to maintain confidentiality and comply with this Section 6, (y) with the U.S. Equal Employment Opportunity Commission or (z) if otherwise compelled to do so by a court of competent jurisdiction or government agency.  Notwithstanding anything in this Release Agreement to the contrary, nothing contained in this Release Agreement or the surviving provisions of the Employment Agreement identified in Section 5 is intended to prohibit or restrict Employee in any way from:  (a) making any disclosure of any information about the Company, Employee’s employment or membership on the Board or this Release Agreement as required by law, or to a government agency in connection with any charge or investigation; (b) providing information to, filing a charge with, or testifying or otherwise assisting in any investigation or proceeding brought by any federal, state or local regulatory or law enforcement agency (including without limitation the U.S. Equal Employment Opportunity Commission) or legislative body, any self-regulatory organization, or the Company’s legal, compliance or human resources officers; (c) cooperating, participating or assisting in an investigation or proceeding brought by the Securities Exchange 

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Commission (“SEC”) without notifying the Company; or (d) making other disclosures that are protected under the whistleblower provisions of federal or state law or regulation.  However, Employee acknowledges and agrees that Employee cannot recover any monetary damages or equitable relief in connection with a charge or proceeding brought by Employee or through any action brought by a third party with respect to the Released Claims.  This Release Agreement does not, however, waive or release Employee’s right to receive a monetary award from the SEC.

7.Nondisparagement; Communications.  

(a)Employee shall not, at any time or by any means whatsoever, either directly or indirectly, disparage or encourage or induce others to disparage the Company or its subsidiaries or affiliates, any of their clients, customers or businesses, or any of their current or former officers, directors, employees or shareholders. The Company shall not, and shall cause its officers, directors and employees (in each case, while in service of the Company) not to, at any time or by any means whatsoever, either directly or indirectly, disparage or encourage or induce others to disparage Employee or any Employee Released Party.  For purposes of this Section 7, the term “disparage” includes any statement to any third party (whether through non-public communication with any person, social media or in any public communication to the media) , but shall not include statements expressly permitted by Section 6 above.

(b)Employee agrees that, during the period commencing on the Separation Date and ending on the 24‐month anniversary of the Separation Date, prior to making any public statement with respect to the Company or its subsidiaries or affiliates, any of their clients, customers or businesses, or any of their then current officers, directors, employees or shareholders (whether verbally or in writing, on or off the record, to the press, through social media or otherwise), Employee shall first obtain the written approval of the Chief Executive Officer of the Company, which approval shall not be unreasonably withheld. Notwithstanding the foregoing, nothing in this Section 7(b) shall preclude Employee, without obtaining the written approval of the Chief Executive Officer of the Company, from responding truthfully to a valid subpoena, cooperating with a governmental agency in connection with any investigation it is conducting, or taking any action otherwise required by law, nor shall it preclude Employee from confirming his prior employment with, his current stockholdings in, and any then current directorship positions with, the Company. 

(c)The Company agrees that, during the period commencing on the Separation Date and ending on the 24‐month anniversary of the Separation Date, the members of the Board and the executive officers of the Company shall not, and the Company shall cause all other employees of the Company and the Company’s subsidiaries (in each case, while in service of the Company) not to, make any public statement that disparages Employee.  Notwithstanding the foregoing, nothing in this Section 7(c) shall preclude the members of the Board or the executive officers of the Company from responding truthfully to a valid subpoena, cooperating with a governmental agency in connection with any investigation it is conducting, or taking any action otherwise required by law. 

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8.Return of the Company’s Property.  In accordance with Section 6(b) of the Employment Agreement, Employee represents that he has delivered all memoranda, notes, plans, designs, records, reports, computer files and software and other documents and data (and copies thereof) that are Confidential Information or Work Product (as defined in the Employment Agreement) or information relating to the business of the Company or its Affiliates which he possesses or has under his control. Employee may retain copies of such materials to the extent they relate to any applications other than cancer in humans and COVID-19 (the “Retained Information”). The parties further acknowledge that Employee is in possession of that certain shuttle technology machine (the “Machine”) and agree that upon notice from the Company to the Employee, and at the Company’s sole cost and expense, including without limitation all shipping and delivery charges, the Company shall make arrangements for and take possession of the Machine in order to relocate the Machine to a location determined by the Company on such date as mutually agreed to by the parties hereto, but in no event later than the date with is 30 days following the Separation Date.

9.Cooperation.  (a)  To the fullest extent permitted by law, Employee will not cooperate with, or assist in, any claim, charge, lawsuit or arbitration against the Company with respect to a Company Released Claim, unless required to do so by a lawfully issued subpoena, by court order or as expressly provided by regulation or statute.  In the event Employee is served with a subpoena or is required by court order or otherwise to testify in any type of proceeding involving the Company and related to a Company Released Claim, to the extent permissible under law, Employee shall promptly advise the Company in writing of the same.

(a)Employee shall provide reasonable cooperation to the Company during the period commencing on the Separation Date and ending on the 24-month anniversary of the Separation Date, (i) in any internal investigation, administrative, regulatory, or judicial proceeding, or any dispute with a third party, and/or (ii) concerning Confidential Information, Work Product and other information that Employee created or obtained while employed by the Company relating to the Company’s business as of the Separation Date, including by providing copies of Retained Information to the extent they directly relate to Confidential Information, Work Product, or such other information that Employee created or obtained while employed by the Company relating to the Company’s business as of the Separation Date.  Employee’s cooperation may include being available to the Company for nominal periods of time, upon reasonable notice, for interviews and factual investigations, appearing at the Company’s request to give testimony without requiring service of a subpoena or other legal process, volunteering to the Company pertinent information, and turning over to the Company all relevant documents which are or may come into Employee’s possession.  Employee understands that in the event the Company asks for Employee’s cooperation in accordance with this provision, the Company will reimburse him for reasonable travel expenses (including lodging and meals at the quality customarily afforded and paid by the Company with respect to executive officers travelling on Company business) upon submission of receipts reasonably acceptable to the Company and, if the amount of time required exceeds a nominal amount of time, Employee shall be provided with reasonable compensation for providing such cooperation.

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10.Non-Admission of Liability.  It is expressly understood and agreed that this Release Agreement shall not be deemed or construed as an admission of fault or liability by any party hereto and that no party is admitting that it has committed any wrong.  The Company and Employee each agree that this Release Agreement is inadmissible by both the Company and Employee as evidence in any proceeding, legal or otherwise, except to the extent necessary to enforce its provisions.

11.Entire Agreement.  This Release Agreement, the surviving provisions of the Employment Agreement identified in Section 5, and the Voting Agreement contain all the agreements between the parties hereto relating to Employee’s employment and termination thereof.  Except as specifically set forth herein, this Release Agreement supersedes any prior agreements or representations, whether oral or written, between the parties hereto as to the subject matter contained herein.  This Release Agreement may be modified, supplemented or superseded only in a written document signed by both parties hereto.  Employee represents and acknowledges that in executing this Release Agreement, Employee is not relying upon any representation or statement made by the Company with regard to the subject matter, basis or effect of this Release Agreement.

12.Withholding.  Any payments made under this Release Agreement shall be subject to applicable federal, state and local tax reporting and withholding requirements.

13.Governing Law; Arbitration; Enforcement.  (a)  New Jersey law shall govern this Release Agreement, without giving effect to any choice of law or conflict of law provision or rule (whether of the State of New Jersey or any other jurisdiction) that would cause the application of the laws of any jurisdiction other than the State of New Jersey.

(a)Except as provided in Section 13(c), any dispute or controversy arising with respect to this Release Agreement and Employee’s employment or termination thereof shall, at the election of either Employee or the Company, be submitted to JAMS for resolution in arbitration in accordance with the rules and procedures of JAMS.  Either party shall make such election by delivering written notice thereof to the other party at any time (but not later than 45 days after such party receives notice of the commencement of any administrative or regulatory proceeding or the filing of any lawsuit relating to any such dispute or controversy) and thereupon any such dispute or controversy shall be resolved only in accordance with the provisions of this Section 13(b).  Any such proceedings shall take place in Newark, New Jersey before a single arbitrator (rather than a panel of arbitrators), pursuant to any streamlined or expedited (rather than a comprehensive) arbitration process, before a non-judicial (rather than a judicial) arbitrator, and in accordance with an arbitration process which, in the judgment of such arbitrator, shall have the effect of reasonably limiting or reducing the cost of such arbitration.  The resolution of any such dispute or controversy by the arbitrator appointed in accordance with the procedures of JAMS shall be final and binding.  Judgment upon the award rendered by such arbitrator may be entered in any court having jurisdiction thereof, and the parties consent to the jurisdiction of the New Jersey courts for this purpose.  The prevailing party shall be entitled to recover the costs of arbitration (including reasonable attorneys’ fees and the fees of experts) from the losing party, unless prohibited by applicable law.  If at the time any dispute or controversy 

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arises with respect to this Release Agreement, JAMS is not in business or is no longer providing arbitration services, then the American Arbitration Association shall be substituted for JAMS for the purposes of the foregoing provisions of this Section 13(b).  Employee agrees that, by this Section 13(b), he is waiving the right to a trial in a court of law, including a trial before a jury, as to all claims and controversies within the scope of this Section 13(b).

(b)In the event of Employee's actual or threatened breach of any of the covenants referenced in Sections 5 through 9 of this Release Agreement, the Company shall have the right and remedy to have such provisions specifically enforced by any court having equity jurisdiction, it being acknowledged and agreed that any such breach or threatened breach will cause irreparable injury to the Company.

14.Successors and Assigns.  This Release Agreement shall inure to the benefit of the successors and assigns of the Company and Employee.

15.Severability.  (a)  If any portion of this Release Agreement is ruled unenforceable, all remaining portions of this Release Agreement shall remain valid and shall not affect the validity of the releases in this Release Agreement.  Furthermore, an award of any damages for breach of this Release Agreement will not affect the validity of the releases in this Release Agreement.

(a)If any provision of this Release Agreement is adjudged by any court of law to be void or unenforceable in its entirety, the Company and Employee agree to cooperate to develop a mutually acceptable alternative provision(s) to adequately protect the intent of the parties to provide Employee with the consideration set forth in Section 2 in exchange for Employee’s execution of a release of claims against the Company and Employee’s covenants set forth herein.

16.No Reliance; No Waiver.  Employee represents that he is not relying on any representation, statement or promise of the Company or any other party in giving this Release Agreement.  This Release Agreement may not be amended, modified, waived or terminated except in a writing signed by Employee and an authorized representative of the Company.

17.Headings; and Interpretation.  The paragraph and section headings in this Release Agreement are inserted merely for the convenience of reference only and shall not be used to construe, affect or modify the terms of any paragraph or provision of this Release Agreement.  For all purposes hereof, the terms “include”, “includes” and “including” shall be deemed to be followed by the words “without limitation”.

18.Notice.  All documents, notices, requests, demands and other communications that are required or permitted to be delivered or given under this Release Agreement shall be in writing and shall be deemed to be given:  (x) upon delivery, if delivered in person; (y) upon delivery, if sent by facsimile, provided that notice is also sent by first class mail (registered or certified), return receipt requested, with proper postage prepaid; or (z) five 

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business days after being sent by first class mail (registered or certified), return receipt requested, with proper postage prepaid, and in each case, addressed as follows:

If to Employee:

Mr. Steven Hoffman 
c/o Tyme Technologies, Inc.
One Pluckemin Way, Suite 103
Bedminster, New Jersey 07921

With a copy to (which shall not constitute notice hereunder):

Keith S. Braun, Esq.
Moritt Hock & Hamroff LLP
400 Garden City Plaza
Garden City, New York 11530
kbraun@moritthock.com

If to Employer:

Tyme Technologies, Inc. 
One Pluckemin Way, Suite 103
Bedminster, New Jersey 07921
Attention:  Chief Executive Officer
                  Chief Legal Officer

19.Indemnification.  Nothing in this Agreement, shall affect the Company’s obligations to indemnify and hold harmless Employee in accordance with the Company’s Certificate of Incorporation and By-laws and policies, as in effect as of the Separation Date, with respect to the indemnification of, and other obligations owed to, former officers and directors of the Company. 

20.Knowing and Voluntary Agreement; Review by Counsel.  Employee acknowledges that he has carefully read and reviewed this Agreement and fully understands all of the provisions and effects of this Agreement; that the Company has advised him in writing, by this paragraph and below, to consult with an attorney before signing this Agreement, and he has done so; that the Company has provided Employee with no less than 21 days to consider this Agreement before signing it, which period Employee agrees has not restarted as a result of any changes to prior drafts of the Agreement; that the Company has provided Employee seven days after he signs to revoke his acceptance, if he chooses to do so, by the notice provision provided above; that Employee is knowingly and voluntarily entering into this Agreement free of coercion and duress; and that neither the Company, nor any of its agents or attorneys has made any representations or promises concerning the terms or effects of this Agreement other than those set forth in this Agreement. This Agreement shall become effective and enforceable (the 

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“Effective Date”) on the eighth day after Employee executes this Agreement, provided he has not revoked it as provided above.

21.Section 409A.  This Release Agreement is intended to comply with Section 409A of the Code and will be interpreted in a manner intended to comply with Section 409A of the Code.  To the extent any reimbursements or in-kind benefits due to Employee under this Release Agreement constitutes “deferred compensation” under Section 409A of the Code, any such reimbursements or in-kind benefits shall be paid to Employee in a manner consistent with Treas. Reg. Section 1.409A‐3(i)(1)(iv).  Each payment made under this Release Agreement shall be designated as a “separate payment” within the meaning of Section 409A of the Code.

EMPLOYEE WITHOUT ANY DURESS OR COERCION FREELY, KNOWINGLY AND VOLUNTARILY ENTERS INTO AND GIVES THIS RELEASE AGREEMENT.  EMPLOYEE UNDERSTANDS AND AGREES WITH ALL OF THE PROVISIONS AND THE TERMS STATED IN THIS RELEASE AGREEMENT AND HAS BEEN AFFORDED AT LEAST 21 DAYS TO CONSIDER WHETHER TO ENTER INTO THIS RELEASE AGREEMENT AND SEVEN DAYS AFTER EXECUTING THE RELEASE AGREEMENT TO REVOKE HIS ACCEPTANCE OF IT, IF HE WISHES TO DO SO.  EMPLOYEE HAS BEEN ADVISED TO CONSULT WITH AN ATTORNEY OF EMPLOYEE’S CHOOSING PRIOR TO EXECUTING THIS RELEASE AGREEMENT, WHICH CONTAINS A RELEASE AND WAIVER, AND HE HAS HAD ADEQUATE OPPORTUNITY TO DO SO.  THIS RELEASE AGREEMENT SHALL BECOME EFFECTIVE AND IRREVOCABLE ON THE EIGHTH DAY AFTER EMPLOYEE’S EXECUTION OF IT AND THE COMPANY HAS COUNTERSIGNED IT, PROVIDED THAT EMPLOYEE HAS NOT FIRST REVOKED THIS RELEASE AGREEMENT DURING SUCH SEVEN DAY PERIOD. 

[Signature Page Follows]

 

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IN WITNESS WHEREOF, the undersigned have duly executed this Release Agreement as of the date first written above.

 

 

/s/ Steven Hoffman
Steven Hoffman
Date: 03/24/2022

		
	
TYME TECHNOLOGIES, INC.

	
By: 

	
 
	
/s/ James Biehl

	
 
	
Name: James Biehl

	
 
	
Title: Chief Legal Officer

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

[Signature Page to Release Agreement]

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