Document:

EX-10.2

 Exhibit 10.2 

EMPLOYMENT AGREEMENT 
 This Employment
Agreement (“Employment Agreement”) is entered into as of January 3, 2020, by and between Quotient Limited (“Employer”), or such affiliate of Employer as its Chairman of the Board of Directors of the Employer (the
“Board”) may designate, and Peter Buhler (“Executive”) (collectively, the “Parties”). 
  

	A.	 Employer desires assurance of the association and services of Executive in order to retain Executive’s
experience, abilities, and knowledge, and is therefore willing to engage Executive’s services on the terms and conditions set forth below. 

  

	B.	 Executive desires to be employed by Employer and is willing to do so on the terms and conditions set forth
below. 

 It is expressly agreed between the Parties that this Employment Agreement shall be subject to the competent authorities issuing
the work and residence permits required for the Executive under Swiss law. 
 In consideration of the above recitals and of the mutual promises and
conditions in this Employment Agreement, the Parties agree: 
  

	1.	 DUTIES AND AUTHORITY; OBLIGATIONS 

 

	1.1	 Duties. Employer employs Executive as its Chief Financial Officer and Executive accepts such employment.
Executive will perform all of the employment duties, responsibilities and job functions consistent with such a management position and such other duties and responsibilities deemed necessary or appropriate by Employer’s Chief Executive Officer
(the “CEO”) or the Board of Directors of the Employer (the “Board”) (collectively, the “Employment Duties”). Executive will exercise the authority consistent with those duties and responsibilities.
Such Employment Duties may require the performance of work beyond customary office hours and involve varying work period hours and working conditions. 

  

	1.2	 Obligations. Executive shall at all times during the Employment Term: 

 

	 	1.2.1	 devote the whole of his working time, attention, skill, best efforts and ingenuity to the Employment Duties;

  

	 	1.2.2	 comply fully with, implement and enforce all Employer rules, regulations, policies and procedures from time to
time in force; 

  

	 	1.2.3	 perform the Employment Duties faithfully and diligently; 

 

	 	1.2.4	 follow all lawful and reasonable directions of the CEO and the Board and observe such restrictions or
limitations as may from time to time be imposed by the CEO or the Board upon the performance of the Employment Duties; 

	 	1.2.5	 use best efforts to promote the interests of Employer and not do or willingly permit to be done anything that
is harmful to those interests; and 

  

	 	1.2.6	 keep Employer’s CEO and the Board fully informed (in writing if so requested) of the conduct of its
business and affairs and provide such explanations as the CEO or the Board may require. 

  

	2.	 EXECUTIVE’S COMPENSATION, PERQUISITES AND BENEFITS 

 

	2.1	 Compensation. Employer agrees to pay Executive a base salary at the rate of three hundred and eighty
thousand Swiss Francs (CHF 380,000) per annum (the “Base Compensation”). The Base Compensation will be paid in thirteen equal installments per annum, and in accordance with Employer’s standard payroll practices.
Employer will withhold from the Base Compensation all payroll taxes and other deductions required by applicable law (including, but not limited to, with respect to social security) or authorized by Executive. The Base Compensation will be reviewed
on the fifteen-month anniversary of the Commencement Date (as defined below) and thereafter on an annual basis and may be adjusted as determined by the Board in its sole discretion. The undertaking to review Executive’s Base Compensation shall
not create any entitlement to an increase in base salary. Executive will not be eligible for overtime pay for work performed outside Employer’s regular business hours. 

 

	2.2	 Benefits. During the Employment Term, Executive shall be permitted to participate in any group life,
hospitalization or disability insurance plans, health programs, retirement plans, fringe benefit programs and similar benefits that may be available to other senior executives of Employer located in Switzerland, generally on the same terms as such
other executives, in each case to the extent that Executive is eligible under the terms of such plans or programs (the “Employee Benefits”). Employer may supply a credit card to Executive to be used solely for expenses incurred in
carrying out the Employment Duties. The card must be returned by Executive to Employer immediately upon request by Employer. Employee Benefits for Executive will be provided at Employer’s expense except for any applicable premium contributions,
co-pay obligations and taxes on reportable income applicable to Executive’s participation. Employer may adopt, amend, change, substitute, replace, suspend or terminate any of the Employee Benefits during
the Employment Term in its sole discretion. 

  

	2.3	 Specific Benefits. Without limiting the generality of Section 2.2, Employer shall make available to
Executive twenty-five (25) vacation days per calendar year, and the standard legal holidays for the Executive’s base employment location specified in Section 3 (Place and Hours of Employment). Prior to use of a vacation day,
Executive shall receive the prior approval of the CEO. 

  

	2.4	 Perquisites. During the Employment Term, Employer will provide to Executive the following perquisites
(with its business-related expenses to be paid by Employer): 

  

	 	2.4.1	 Use of a cell phone; and 

 

	 	2.4.2	 A yearly car allowance of CHF 16,800. 

  
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	2.5	 Equity Grants/Bonus Schemes. In the Board’s sole discretion, Executive will be eligible to
participate in Employer’s ex gratia Bonus Schemes, in accordance with the terms of any ex gratia bonus plan documents, award agreements, and any notices provided by Employer to Executive, including such terms as set forth on the attached
Schedule 1. The assessment of the eligibility criteria as well as any actual payment under such ex gratia Bonus Schemes will be decided by the Employer in its absolute discretion. Any payment made in a given year shall not create any
entitlement to any future payment under the Employer’s ex gratia Bonus Schemes. In addition, Executive shall be eligible to receive an equity grant after commencing employment with the Employer in accordance with the terms set forth on the
attached Schedule 1. 

  

	3.	 PLACE AND HOURS OF EMPLOYMENT 

Executive’s employment location during the Employment Term will be Eysins, Switzerland; provided, however, that
Employer may from time to time require Executive to travel and to be at other locations as necessary or required to fulfill Executive’s responsibilities. Executive shall work during Employer’s regular business hours and any additional
hours necessary to fulfill the Employment Duties. 
  

	4.	 EMPLOYMENT TERM 

The term of Executive’s employment shall commence on February 5, 2020 (the “Commencement Date”) and shall continue
until terminated in accordance with Section 9 below (such term, the “Employment Term”). For the avoidance of doubt, there is no probationary period with respect to the term of Executive’s employment. Prior to and after the
Commencement Date, Executive agrees to participate in investor communications as reasonably requested by the Employer. 
 The
Executive’s employment under this agreement will terminate automatically and without notice at the end of the month on which the Executive reaches the ordinary retirement age under Swiss law. 

 

	5.	 OTHER EXPENSES 

Employer will reimburse Executive promptly for reasonable, necessary, customary and usual business expenses, including travel, entertainment,
parking, business meetings and professional dues incurred during the Employment Term and substantiated in accordance with the policies and procedures established from time to time by Employer. 

 

	6.	 EXECUTIVE’S OUTSIDE BUSINESS ACTIVITIES 

Executive is expected to devote Executive’s full attention to the business interests of Employer; provided, however,
that Executive may devote reasonable time and effort to community and charitable activities and organizations, so long as they do not interfere with performance of the Employment Duties. 

  
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 Executive represents to Employer that Executive has no other outstanding commitments
inconsistent with or in conflict with or that may interfere with any of the terms of this Employment Agreement or the services to be rendered under it. 
  

	7.	 EMPLOYER INVENTIONS 

 

	7.1	 Definition of Employer Inventions. “Employer Inventions” means all ideas,
methodologies, inventions, discoveries, developments, designs, improvements, formulas, programs, processes, techniques, know-how, research and data (whether or not patentable or registerable under patent,
copyright a similar statute and including all rights to obtain, register, perfect and enforce those rights), that Executive learns of, conceives, develops or creates alone or with others during Executive’s past, present or future association
with or employment by Employer (whether or not conceived, developed or created on behalf of Employer during regular working hours). “Employer Inventions” also includes anything that may be conceived, developed, or created, by Executive,
either alone or with others, during Executive’s past, present or future association with or employment by Employer (whether or not conceived developed, or created during regular working hours), and with respect to which the equipment, supplies,
facilities, or trade secret information of Employer was used, or that relate at the time of conception or reduction to practice of the invention to the business of Employer or to Employer’s actual or demonstrable anticipated research and
development, or that result from any work performed by Executive for Employer. 

  

	7.2	 Disclosure of Employer Inventions. Whether upon Employer’s request or voluntarily, Executive will
promptly disclose to Employer or its designee during Executive’s employment with Employer and for one year thereafter all Employer Inventions that Executive has created, contributed to or knows about, regardless of the nature of that knowledge,
and regardless of whether such Employer Invention, or any aspect of such Employer Invention, has been described, committed to writing, or reduced to practice, in whole or part by any other person. At all other times, Executive will treat every
Employer Invention as Confidential Information (as defined in and in accordance with Section 13). 

  

	7.3	 Assignment and Disclosure of Inventions. Executive hereby assigns to Employer all right, title and
interest to all Employer Inventions, which will be the sole and exclusive property of Employer, whether or not subject to patent, copyright, trademark or trade secret protection. Executive also acknowledges that all original works of authorship that
are made by Executive (solely or jointly with others), within the scope of Executive’s employment with Employer, and that are protectable by copyright are “works made for hire,” as that term is defined in the United States Copyright
Act. To the extent that any such works, by operation of law, cannot be “works made for hire,” Executive hereby assigns to Employer all right, title, and interest in and to such works and to any related copyrights. The consideration for
such assignment and the assistance provided in this Section 7.3 is the normal compensation due Executive by virtue of service to Employer. Executive will also disclose to Employer all inventions made, discovered, conceived, reduced to practice,
or developed by Executive, either alone or jointly with others, within six (6) months after the termination of employment with Employer which resulted, in whole or in part, from Executive’s prior employment by Employer. Such disclosures
will be received by Employer in confidence to the extent such inventions are not assigned to Employer pursuant to this Section 7.3. 

  
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	7.4	 Additional Instruments. Executive will promptly execute, acknowledge and deliver to Employer all
additional instruments or documents that Employer determines at any time to be necessary to carry out the intentions of this Section 7. Furthermore, whether during or after Executive’s employment with Employer. Executive will promptly
perform any acts deemed necessary or desirable by Employer, at Employer’s expense, to assist it in obtaining, maintaining, defending and enforcing any rights and/or assignment of an Employer Invention. Executive hereby irrevocably designates
and appoints Employer and its duly authorized officers and agents, as Executive’s agent and attorney-in-fact to act for, on behalf of and instead of Executive, to
execute and file any documents, applications or related findings and to do all other lawfully permitted acts in furtherance of the purposes set forth above in this Section 7.4, including, without limitation, the perfection of assignment and the
prosecution and issuance of patents, patent applications, copyright applications and registrations, trademark applications and registrations, or other rights in connection with such Employer Inventions and improvements thereto with the same legal
force and effect as if executed by Executive. 

  

	7.5	 Pre-existing Inventions. Executive will retain all right,
title and interest in and to inventions that Executive created and owned prior to service to Employer as listed in the attached Schedule 2. 

  

	8.	 INDEMNIFICATION OF EXECUTIVE 

Employer will, to the maximum extent permitted by Employer’s bylaws and applicable law, indemnify and hold Executive harmless for any acts
or decisions made in good faith while performing services for Employer; provided, however, that acts determined by the trier of facts to be acts of gross negligence or willful misconduct will not be deemed to be in good faith.
To the same extent, Employer will pay, and subject to any legal limitations (including the obligation to repay such advances), advance all expenses, including reasonable attorney fees and costs of court-approved settlements, actually and necessarily
incurred by Executive in connection with the defense of any action, suit or proceeding and in connection with any appeal, which has been brought against Executive by reason of Executive’s service to Employer while acting in good faith. 

 

	9.	 TERMINATION OF AGREEMENT/EMPLOYMENT 

 

	9.1	 Voluntary Termination by Executive. Executive may voluntarily terminate this Employment Agreement for
any reason and at any time; provided that six (6) months’ advance written notice is given to Employer. Executive’s employment and the Employment Term will expire on the final day of the month in which the notice period
expires. Executive will be entitled to receive the Base Compensation and Employee Benefits then in effect (as amended, changed, substituted, replaced, suspended or terminated) while performing services for the balance of the Employment Term.
Notwithstanding the foregoing, Employer may release Executive from the obligation to work through the end of the Employment Term and instead pay Executive until the end of the Employment Term – i.e. an amount equal to Executive’s Base
Compensation and Employee Benefits until the end of the Employment Term. 

  
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	9.2	 Termination by Employer Without Cause. Employer may terminate this Employment Agreement and
Executive’s employment without Cause upon six (6) months’ advance written notice provided to Executive. Upon such a termination of this Employment Agreement, Executive’s employment and the Employment Term will expire on the final
day of the month in which the notice period expires. Employer’s total liability to Executive under this Section 9.2 will be limited to the payment of Executive’s Base Compensation and provision of Employee Benefits then in effect
(as amended, changed, substituted, replaced, suspended or terminated) through and including the day of termination. 

  

	9.3	 Termination by Employer for Cause. Employer may immediately terminate this Employment Agreement and
Executive’s employment for “Cause” at any time without notice to Executive. Cause is defined for purposes of this Section 9.3 as: (a) gross negligence or willful misconduct by Executive in the performance of the Employment
Duties; (b) insubordination by Executive to Employer or a willful refusal by Executive to perform the Employment Duties; (c) commission by Executive of a felony, act of moral turpitude or other act, which prevents Executive from
effectively performing the Employment Duties or is likely to affect the interests of Employer; (d) breach of any of the provisions of this Employment Agreement including, without limitation, Section 13 or 14; (e) any unexcused
absence by Executive from the Employment Duties for a period of five (5) consecutive days; (f) Executive’s inability to enter into this Employment Agreement or perform the Employment Duties as provided in Section 1 herein; or
(g) any act of dishonesty by Executive relating to Employer, its employees or otherwise, including, without limitation, fraud, embezzlement or misappropriation relating to significant amounts. Employer’s total liability to Executive under
this Section 9.3 will be limited to the payment of Executive’s Base Salary and provision of Employee Benefits then in effect (as amended, changed, substituted, replaced, suspended or terminated) through and including the effective date of
termination. 

  

	9.4	 Termination Because of Disability of Executive. Employer may terminate this Employment Agreement and
Executive’s employment on six (6) month’s prior written notice if Executive is and has been unable to perform Executive’s duties under this Employment Agreement in Executive’s normal and regular manner during a period or
periods aggregating at least twenty-six (26) weeks for any period of twelve (12) months due to physical or mental disability or injury. Employer’s total liability to Executive under this
Section 9.4 will be limited to the payment of Executive’s Base Compensation and provision of Employee Benefits then in effect (as amended, changed, substituted, replaced, suspended or terminated) through and including the day of
termination as a result of disability. 

  

	9.5	 Termination on Death of Executive. If Executive dies during the term of this Employment Agreement, this
Employment Agreement will be terminated on the day of Executive’s death. Employer’s total liability to Executive under this Section 9.5 will be (subject to applicable law) limited to the payment of Executive’s Base Compensation
and provision of Employee Benefits then in effect (as amended, changed, substituted, replaced, suspended or terminated) through and including the day of Executive’s death. 

  
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	10.	 RESIGNATION OF OFFICE 

At any time after notice is given by Employer or Executive to terminate Executive’s employment with Employer, Executive shall, at the
request of Employer’s Board of Directors, resign from all offices Executive may hold as a director or officer of Employer and from all other appointments or offices that Executive holds as nominee or representative of Employer. 

 

	11.	 AGREEMENT SURVIVES MERGER OR DISSOLUTION 

This Employment Agreement will survive any merger of Employer with any other entity, regardless of whether Employer is the surviving or
resulting corporation, and any transfer of all or substantially all of Employer’s assets to any other entity and to any such successor entity’s subsequent successors or assigns. In the event of any such merger or transfer of assets, the
provisions of this Employment Agreement will be binding on and inure to the benefit of the surviving business entity or the business entity to which such assets will be transferred. 

 

	12.	 ASSIGNMENT 

This Employment Agreement may not be assigned by Executive. Employer may assign this Employment Agreement without the consent of Executive.

  

	13.	 CONFIDENTIAL INFORMATION 

 

	13.1	 Definition of Confidential Information. “Confidential Information” means all nonpublic
or proprietary information relating to Employer’s business or that of any Employer vendor or customer. Examples of Confidential Information include, but are not limited to, software (in source or object code form), databases, algorithms,
processes, designs, prototypes, methodologies, reports, specifications, information regarding Employer Inventions, as defined in Section 7.1, products sold, distributed or being developed by Employer, and any other non-public information regarding Employer’s current and developing technology; information regarding vendors and customers, prospective vendors and customers, clients, business contacts, employees and
consultants, prospective and executed contracts and subcontracts, marketing and sales plans, strategies or any other plans and proposals used by Employer in the course of its business; and any non-public or
proprietary information regarding Employer or Employer’s present or future business plans, financial information, or any intellectual property, whether any of the foregoing is embodied in hard copy, computer-readable form, electronic or optical
form, or otherwise. 

  

	13.2	 Executive’s Use of Confidential Information. From the Commencement Date and at all times
thereafter, Executive will maintain the confidentiality of the Confidential Information. Executive will not, without Employer’s prior written consent, directly or indirectly: (i) copy or use any Confidential Information for any purpose not
within the 

  
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scope of Executive’s work on Employer’s behalf; or (ii) show, give, sell, disclose or otherwise communicate any Confidential Information to any person or entity other than Employer
unless such person or entity is authorized by Employer to have access to the Confidential Information in question. These restrictions do not apply if the Confidential Information has been made generally available to the public by Employer or becomes
generally available to the public through some other normal course of events. All Confidential Information prepared by or provided to Executive is and will remain Employer’s property or the property of Employer customer to which they belong.

  

	13.3	 Return of Material. Upon request of Employer or upon termination (whether voluntary or involuntary),
Executive will immediately turn over to Employer all Confidential Information, including all copies, and other property belonging to Employer or any of its customers, including documents, disks, or other computer media in Executive’s possession
or under Executive’s control. Executive will also return any materials that contain or are derived from Confidential Information, or are connected with or relate to Executive’s services to Employer or any of its customers.

  

	14.	 NONCOMPETITION AND NONSOLICITATION COVENANTS 

 

	14.1	 Agreement Not to Compete. During the period between the Commencement Date and one (1) year from and
after the termination of Executive’s employment with Employer for any reason, Executive will not, within the Territory, engage or participate, either individually or as an employee, consultant or principal, member, partner, agent, trustee,
officer, manager, director, investor or shareholder of a corporation, partnership, limited liability company, or other business entity, in any activity that competes with products or services related to transfusion diagnostics provided by Employer
or any subsidiary or affiliated company during the one (1) year period prior to the date of the termination of employment. For the purpose of this Employment Agreement, “Territory” means Switzerland and the United States of
America. Nothing in this Section 14.1 will be deemed to preclude Executive from holding less than 1% of the outstanding capital stock of any corporation whose shares are publicly traded. 

 

	14.2	 Agreement Not to Solicit Executives. During the period between the Commencement Date and one
(1) year from and after the termination of Executive’s employment with Employer for any reason, Executive will not, directly or indirectly, alone or on behalf of any person or business entity, hire or aid, encourage, advise, solicit,
induce or attempt to induce any employee of Employer, or any subsidiary or affiliated companies, to leave his or her employment with Employer. 

  

	14.3	 Agreement Not to Solicit Customers and Suppliers. During the period between the Commencement Date and
one (1) year from and after the termination of Executive’s employment with Employer for any reason, Executive will not, directly or indirectly, alone or on behalf of any person or business entity, cause or attempt to cause any customer,
prospective customer, vendor, supplier, or other business contact of Employer, or any subsidiary or affiliated companies (i) to terminate, limit, or in any manner adversely modify or fail to enter into any actual or potential business
relationship with Employer, or any subsidiary or affiliated companies or (ii) to enter into or expand any actual or potential business relationship with any competitor of Employer, or any subsidiary or affiliated companies.

  
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	14.4	 Blue Pencil Doctrine. If the duration of, the scope of, or any business activity covered by any
provision of this Section 14 is in excess of what is determined to be valid and enforceable under applicable law, such provision will be construed to cover only that duration, scope or activity that is determined to be valid and enforceable,
and Employer and Executive consent to the judicial modification of the scope and duration of the restrictions in this Section 14 in any proceeding brought to enforce such restrictions so as to make them valid, reasonable and enforceable.
Executive hereby acknowledges that this Section 14 will be given the construction, which renders its provisions valid and enforceable to the maximum extent not exceeding its express terms, possible under applicable law. 

 

	15.	 SURVIVAL 

The parties agree that Executive’s obligations under Sections 7 (Employer Inventions), 13 (Confidential
Information), and 14 (Noncompetition and Nonsolicitation Covenants) of this Employment Agreement will survive the termination of this Employment Agreement and termination of Executive’s employment with Employer, regardless of
when such termination may occur and regardless of the reasons for such termination. 
  

	16.	 EFFECT OF EMPLOYER’S PERSONNEL POLICIES, RULES, AND PRACTICES 

Executive is entitled to the benefit of, and is obligated to perform, all of Executive’s responsibilities under Employer’s personnel
policies, rules, and practices in effect from time to time for all of its employees during the Employment Term. 
  

	17.	 INJUNCTIVE REMEDIES 

The Parties agree that damages in the event of breach by Executive of Sections 7 (Employer Inventions), 13 (Confidential
Information), or 14 (Noncompetition and Nonsolicitation Covenants) of this Employment Agreement would be difficult, if not impossible, to ascertain, and it is agreed that Employer, in addition to and without limiting any other remedy or
right it may have, will have the right to an immediate injunction or other equitable relief in any court of competent jurisdiction enjoining any threatened or actual breach without the requirement to post a bond. The existence of this right will not
preclude Employer from pursuing any other rights and remedies at law or in equity that Employer may have, including recovery of damages. 
  

	18.	 INTEGRATION 

This Employment Agreement contains the entire agreement between the Parties pertaining to the subject matter addressed in this Employment
Agreement. No oral modifications, express or implied, may alter or vary the terms of this Employment Agreement. 

  
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	19.	 AMENDMENT/NOVATION 

No modifications, amendments, deletions, additions, or novations to or of this Employment Agreement will be effective unless they are
completely and unambiguously contained in a writing signed by Executive and by an authorized officer of Employer. 
  

	20.	 CHOICE OF LAW; VENUE 

This Employment Agreement and any dispute arising from the relationship between the Parties will be governed by and construed under and
according to the laws of Switzerland without regard to its conflict of laws provisions. Any dispute arising out of or in relation to this Employment Agreement shall be subject to the exclusive jurisdiction of the Swiss Courts of Vaud. 

 

	21.	 NOTICES 

Any notice to Employer required or permitted under this Employment Agreement will be given in writing to Employer, either by personal service,
facsimile, or by registered or certified mail, postage prepaid. Any notice to Executive will be given in a like manner and, if mailed, will be addressed to Executive at Executive’s home address then shown in Employer’s files. For the
purpose of determining compliance with any time limit in this Employment Agreement, a notice will be deemed to have been duly given (a) on the date of service, if served personally on the party to whom notice is to be given, (b) on the
same business day given by facsimile, e-mail, or other electronic transmission, or (c) on the second (2nd) business day after mailing, if mailed to the party to whom the notice is to be given in the
manner provided in this Section. As of the date this Employment Agreement is executed, notice is to be given at the following addresses: 

To Employer: 
 Quotient
Limited 
 PO Box 1075, Elizabeth House 

9 Castle Street 
 St Helier 

Jersey JE4 2QP 
 Channel Islands

 Attn: Franz Walt 
 E-mail: franz.walt@quotientbd.com 
 To Executive: 

Peter Buhler 
 Place du Village 4

 Villars-sous-Yens 
 1168,
Switzerland 

  
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 Copy to: 

Quotient Limited 
 B1, Business
Park Terre Bonne 
 Route de Crassier 13 

1262 Eysins 
 Switzerland 

Attn: Franz Walt 
 E-mail: franz.walt@quotientbd.com 
  

	22.	 WITHHOLDING 

Employer shall be entitled to withhold from any payments or deemed payments any amount of tax withholding it determines to be required by law.

  

	23.	 SOCIAL SECURITY CONTRIBUTIONS 

The Executive and the Employer shall each pay half of the contributions which are owed as a matter of law for AVS (Old Age and Survivors’
Insurance), AI (Invalidity Insurance), APG (Loss of Earnings Insurance), AC (Unemployment Insurance). The Executive’s part of the contributions are deducted by the Employer from his Base Compensation and any other appropriate cash payment. 

 

	24.	 PENSION PLAN 

The Executive shall participate in the Employer’s pension plan. The contributions and the benefits are determined by the rules and
regulations of the pension plan, as amended from time to time. The Executive’s contributions are deducted by the Employer from his Base Compensation and any other appropriate cash payment. 

 

	25.	 ILLNESS 

In case of the Executive’s inability to perform his duties under this Employment Agreement due to illness, the Executive shall receive his
salary according to the terms and conditions of the insurance for loss of earnings due to illness. The Employer shall deduct the Executive’s contributions – if any – from his Base Compensation. If there is no insurance for loss of
earnings due to illness, the Employer’s obligation to continue to pay the Executive’s salary shall be determined by Art. 324a of the Swiss Code of Obligations. 
  

	26.	 ACCIDENT 

Executive is insured against occupational as well as non-occupational accidents. The contributions for
the non-occupational accident insurance shall be paid by the Employer. 

  
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	27.	 DATA PROTECTION 

As Executive’s employer, Employer needs to keep and process information about Executive for employment purposes (the “Personal
Data”). The Personal Data held and processed by the Employer will be used for the Employer’s management and administrative use only. The Employer shall keep and process the Executive’s Personal Data to be able to pursue its
business activities and manage its contractual relationship with Executive effectively, lawfully and appropriately, both during the employment relationship under this Employment Agreement and after its end. The holding and processing of
Executive’s Personal Data by Employer is required in particular for Employer to be able (i) to comply with its obligations under this Employment Agreement and towards other employees, (ii) to comply with any legal requirements imposed
on Employer, (iii) to pursue its legitimate interests and (iv) as the case may be, to protect Employer’s legal position in the event of legal proceedings. While holding and processing Personal Data, Employer shall at all times comply
with the data protection principles set out in the Swiss Federal Act on Data Protection and the European General Data Protection Regulation. Further information on the Personal Data held and processed by Employer and Executive’s rights in
relation thereto shall be available upon request addressed to Employer’s human resources department. 
  

	28.	 SEVERABILITY 

Subject to Section 14.4, if any provision of this Employment Agreement is held invalid or unenforceable, the remainder of this Employment
Agreement will nevertheless remain in full force and effect. If any provision is held invalid or unenforceable with respect to particular circumstances, it will nevertheless remain in full force and effect in all other circumstances. 

 

	29.	 HEADINGS 

The headings in this Employment Agreement are inserted for convenience only; are not part of this Employment Agreement, will not in any manner
affect the meaning of this Employment Agreement or any paragraph, term, and/or provision of this Employment Agreement; and will not be deemed or interpreted to be a part of this Employment Agreement for any purpose. 

 

	30.	 CONSTRUCTION 

The language of this Employment Agreement will, for any and all purposes, be construed as a whole, according to its fair meaning, not strictly
for or against Executive, on the one hand, or Employer, on the other hand, and without regard to the identity or status of any person or persons who drafted all or any part of this Employment Agreement. 

 

	31.	 NO WAIVER 

No waiver of a breach, failure of any condition, or any right or remedy contained in or granted by the provisions of this Employment Agreement
will be effective unless it is in writing and signed by the party waiving the breach, failure, right, or remedy. No waiver of any breach, failure, right, or remedy will be deemed a waiver of any other breach, failure, right, or remedy, whether or
not similar, nor will any waiver constitute a continuing waiver unless the writing so specifies. 

  
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	32.	 WARRANTY AND FREEDOM TO CONTRACT 

Executive warrants that he is under no disability that would prevent Executive from entering into this Employment Agreement and from complying
with all of its provisions to their fullest extent. If Executive is enjoined or otherwise prevented by judicial or administrative determination from complying with the terms of this Employment Agreement, then Employer may terminate this Employment
Agreement and Executive’s employment immediately without incurring any future liability, and for purposes of Sections 9.1 and 9.3 such termination will be for Cause. 
  

	33.	 EXECUTION IN COUNTERPARTS 

This Employment Agreement may be executed in counterparts, each of which will be deemed an original but all of which together will constitute
one and the same instrument. 
  

	34.	 FAXED OR PHOTOCOPIED SIGNATURES 

A faxed or photocopied signature will have the same effect as an original signature. 

 

	35.	 RIGHT TO COUNSEL 

The undersigned Executive has read the foregoing Employment Agreement and has taken the time necessary to review completely and fully
understand it. The undersigned Executive has had the unrestricted right and opportunity to have each and every paragraph, term, and provision of the foregoing Employment Agreement and each and every result and consequence of its execution by the
undersigned Executive fully explained to Executive by legal counsel selected and retained solely by Executive. 
  

	36.	 CLAWBACK POLICIES 

All amounts payable under this Agreement or otherwise by Employer to the Executive shall be subject to the terms of Employer’s
“clawback” policies as in effect from time to time. 

  
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 The undersigned fully understands the foregoing Employment Agreement, accepts, and agrees to each and every
paragraph, term, and provision contained in it, and fully accepts and agrees to it as binding Executive for any and all purposes whatsoever. 
  

			
	Employer: QUOTIENT LIMITED
		
	By:	 	 /s/ Franz Walt

		 	Name: Franz Walt
		 	Title: Chief Executive Officer
		
	By:	 	 /s/ Peter Buhler

		 	Name: Peter Buhler

  
 - 1 - 

 SCHEDULE 1 

BONUS AND EQUITY GRANT 
  

	1.	 Discretionary Bonus. During the Employment Term, in addition to the Base Compensation, for each fiscal
year of Employer ending during the Employment Term, Executive shall have the opportunity to receive an annual ex gratia bonus, which may be awarded in Employer’s sole discretion, in an amount equal to up to sixty percent (60%) of the Base
Compensation (the “Discretionary Bonus”) then in effect. The Discretionary Bonus shall be based on annual performance criteria and the achievement of personal objectives by Executive, which shall be mutually agreed upon by Employer
and Executive and assessed by Employer in its sole discretion. The Discretionary Bonus shall be paid to Executive as soon as practicable, but in no event later than 120 days following the fiscal year to which it relates. The Discretionary Bonus
is shall be paid to the Executive only if the Executive is employed by Employer on the date of payment. 

  

	2.	 Equity Grant. Effective as of the Commencement Date, Executive shall be granted 50,000 restricted stock
units (the “RSUs”) and 25,000 share options (the “Share Options”). The RSUs and the Share Options shall vest in three equal installments on the first, second and third anniversaries of the Commencement Date,
provided, however, that any RSUs or Share Options not vested shall be forfeited upon termination of Executive’s employment. 

Notwithstanding the above, upon a change of control (substantially as defined below) of Employer, the RSUs and the Share Options shall vest and
become non-forfeitable. For purposes of the RSU and Share Option grants (or such other grant as may be decided as appropriate pursuant to this paragraph), subject to specific terms set forth in any
documentation of such award, a “change of control” is intended generally to refer to the happening of any of the following: 
  

	 	(i)	 any “person,” including a “group” (as such terms are used in Sections 13(d)
and 14(d) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”)), but excluding the Employer, any entity controlling, controlled by or under common control with the Employer, any trustee, fiduciary or other
person or entity holding securities under any employee benefit plan or trust of the Employer or any such entity, and, with respect to any particular grantee, the grantee and any “group” (as such term is used in Section 13(d)(3) of the
Exchange Act) of which the grantee is a member), is or becomes the “beneficial owner” (as defined in Rule 13(d)(3) under the Exchange Act), directly or indirectly, of securities of the Employer representing 50% or more of either
(A) the combined voting power of the Employer’s then outstanding securities or (B) the then outstanding shares (in either such case other than as a result of an acquisition of securities directly from the Employer); or

  

	 	(ii)	 any consolidation or merger of the Employer where the shareholders of the Employer, immediately prior to the
consolidation or merger, would not, immediately after the consolidation or merger, beneficially own (as such term is defined in Rule 13d-3 under the Exchange Act), directly or indirectly, shares
representing in the aggregate 50% or more of the combined voting power of the securities of the corporation issuing cash or securities in the consolidation or merger (or of its ultimate parent corporation, if any); or 

  
 Sch. 1-1 

	 	(iii)	 there shall occur (A) any sale, lease, exchange or other transfer (in one transaction or a series of
transactions contemplated or arranged by any party as a single plan) of all or substantially all of the assets of the Employer, other than a sale or disposition by the Employer of all or substantially all of the Employer’s assets to an entity,
at least 50% of the combined voting power of the voting securities of which are owned by “persons” (as defined above) in substantially the same proportion as their ownership of the Employer immediately prior to such sale or (B) the
approval by shareholders of the Employer of any plan or proposal for the liquidation or dissolution of the Employer; or 

  

	 	(iv)	 the members of the Board of Directors at the beginning of any consecutive
24-calendar month period (the “Incumbent Directors”) cease for any reason other than due to death to constitute at least a majority of the members of the Board of Directors; provided that
any director whose election, or nomination for election by the Employer’s shareholders, was approved or ratified by a vote of at least a majority of the members of the Board of Directors then still in office who were members of the Board of
Directors at the beginning (excluding any individual whose initial nomination for, or assumption of office as, a member of the Board occurs as a result of an actual or threatened solicitation of proxies or consents for the election or removal of one
or more directors by any person or group other than a solicitation for the election of one or more directors by or on behalf of the Board) such 24-calendar-month period, shall be deemed to be an Incumbent
Director. 

  
 Sch. 1-2 

 SCHEDULE 2 

EXISTING INVENTIONS 
 N/A 

  
 Sch. 2-1EX-10.3

 Exhibit 10.3 

QUOTIENT LIMITED 
 FORM
OF CHANGE OF CONTROL AGREEMENT 
 THIS CHANGE OF CONTROL AGREEMENT (this “Agreement”), is made on this 7th day of
January 2020, by and between QUOTIENT LIMITED, a public no par value limited liability company incorporated in Jersey, Channel Islands, with registered number 109886 (the “Company”) and Peter Buhler (the
“Employee”). 
 WHEREAS, the Employee serves as an employee of the Company or an Affiliate of the Company; and 

WHEREAS, the Company and the Employee desire to enter into this Agreement to establish certain protections for the Employee in the event of
Employee’s termination of employment under the circumstances described herein; and 
 NOW, THEREFORE, in consideration of the foregoing
and the mutual covenants and promises contained herein, and intending to be bound hereby, the parties agree as follows: 
 Section 1.
Definitions. As used herein: 
 1.1 “Affiliate” means, with respect to any specified Person, any other Person that
directly or indirectly, through one or more intermediaries, Controls, is Controlled by, or is under common Control with, such specified Person, provided that, in any event, any business in which the Company has any direct ownership interest shall be
treated as an Affiliate of the Company. 
 1.2 “Base Salary” means, as of any given date, the annual base rate of salary
payable to the Employee by the Company; provided, however, that in the case of a resignation by the Employee for the Good Reason described in Section 1.8, “Base Salary” will mean the annual base rate of salary
payable to the Employee by the Company as in effect immediately prior to the reduction giving rise to the Good Reason. 
 1.3
“Board” means the Board of Directors of the Company. 
 1.4 “Cause” means (a) gross negligence or
willful misconduct by the Employee in the performance of his duties; (b) conviction of or a plea of nolo contendere by the Employee of a felony or act of moral turpitude (or similar local law concepts); or (c) the Employee’s
fraud, embezzlement or misappropriation relating to material amounts of the Company’s assets. The acts or omissions of the Employee shall not be considered to be willful unless he has no reasonable belief that he is acting in the best interests
of the Company. 

  
 - 1 - 

 1.5 “Change of Control” means: 

1.5.1 The acquisition, directly or indirectly, in one transaction or a series of related transactions, by any person or group (within the
meaning of Section 13(d)(3) of the Securities Exchange Act of 1934, as amended) of the beneficial ownership of securities of the Company possessing more than fifty percent (50%) of the total combined voting power of all outstanding securities
of the Company; provided, however, that a Change in Control shall not result upon such acquisition of beneficial ownership if such acquisition occurs as a result of a public offering of the Company’s securities or any financing transaction or
series of financing transactions; 
 1.5.2 A merger or consolidation in which the Company is not the surviving entity, except for a
transaction in which the holders of the outstanding voting securities of the Company immediately prior to such merger or consolidation hold as a result of holding Company securities prior to such transaction, in the aggregate and in the same
proportions, securities possessing more than fifty percent (50%) of the total combined voting power of all outstanding voting securities of the surviving entity (or the parent of the surviving entity) immediately after such merger or consolidation;

 1.5.3 A reverse merger in which the Company is the surviving entity but in which the holders of the outstanding voting securities of the
Company immediately prior to such merger hold, in the aggregate securities possessing less than fifty percent (50%) of the total combined voting power of all outstanding voting securities of the Company or of the acquiring entity immediately after
such merger; or 
 1.5.4 The sale, transfer or other disposition (in one transaction or a series of related transactions) of all or
substantially all of the assets of the Company, except for a transaction in which the holders of the outstanding voting securities of the Company immediately prior to such transaction(s) receive as a distribution with respect to securities of the
Company, in the aggregate, securities possessing more than fifty percent (50%) of the total combined voting power of all outstanding voting securities of the acquiring entity immediately after such transaction(s). 

1.6 “Control” (including, with correlative meanings, the terms “Controlled by” and “under common
Control with”), as used with respect to any Person, means the direct or indirect possession of the power to direct or cause the direction of the management or policies of such Person, whether through the ownership of voting securities, by
contract or otherwise. 
 1.7 “Disability” means a condition entitling the Employee to benefits under the Company’s
long term disability plan, policy or arrangement; provided, however, that if no such plan, policy or arrangement is then maintained by the Company and applicable to the Employee, “Disability” will mean the
Employee’s inability, by reason of any physical or mental impairment, to substantially perform Employee’s regular duties to the Company, as determined by the Board in its sole discretion (after affording the Employee the opportunity to
present Employee’s case), which inability is reasonably contemplated to continue for at least one year from its commencement and at least 90 days from the date of such determination. 

1.8 “Good Reason” means the occurrence of any of the following events, without the Employee’s written consent, unless
such events are fully corrected in all material respects by the Company within thirty (30) days following written notification by the Employee to the Company of the occurrence of one of the reasons set forth below: 

1.8.1 A reduction in the Employee’s rate of the Base Salary; 

  
 - 2 - 

 1.8.2 A material diminution in the Employee’s titles, authority or duties; or 

1.8.3 The Company’s relocation of the Employee’s principal place of employment to a location more than fifty (50) miles from the
Employees current principal place of employment. 
 In order to terminate for Good Reason, the Employee must provide the Company with written
notice describing the event(s) alleged to constitute Good Reason within sixty (60) days after first becoming aware of the occurrence of such event(s), and the Company will have thirty (30) days to cure such event(s) following receipt of
such written notice. If such event(s) are not so cured, the Employee must actually provide the Company with written notice of Employee’s termination of employment for Good Reason within thirty (30) days following the expiration of the
Company’s cure period and thereafter Employee must terminate employment immediately following the completion of the applicable notice period. Otherwise, any claim of such circumstances as “Good Reason” will be deemed irrevocably
waived by the Employee. 
 1.9 “Person” means any individual, firm, corporation, partnership, limited liability company,
trust, joint venture, association, governmental entity, unincorporated entity or other entity. 
 1.10 “Release” means a
release substantially identical to the one attached hereto as Exhibit A. 
 Section 2. Certain Terminations. 

2.1 Severance Events Following a Change of Control. If the Employee’s employment with the Company ceases within the twenty four
(24) month period following the date of a Change of Control as a result of a termination by the Company without Cause or a resignation by the Employee for Good Reason, then the Employee will be entitled to a lump sum payment of the following:

 2.1.1 (i) any Base Salary earned through the effective date of termination that remains unpaid, with any such amounts paid on the first
regularly scheduled payroll date following the effective date of termination; (ii) any bonus payable with respect to any fiscal year which ended prior to the effective date of the Employee’s termination of employment, which remains unpaid,
with such amount paid in the first regularly scheduled payroll date following the effective date of termination or, if later, at the same time the bonus would have otherwise been payable to the Employee; and (iii) any expense reimbursement due
to the Employee on or prior to the date of such termination which remains unpaid to the Employee, with any such reimbursement being made promptly following the effective date of termination (collectively, the “Accrued Obligations”);
and 
 2.1.2 a cash payment equal to 150% of the sum of the Employee’s Base Salary plus target annual bonus in effect on the date of
termination (without taking into effect any reduction described in Section 1.8.1 above). 

  
 - 3 - 

 Except as otherwise provided in this Section 2, the Company will have no further
liability or obligation by reason of such cessation of employment. The payment described in this Section 2 is in lieu of (and not in addition to) any other severance plan, fund, agreement or other similar arrangement maintained by the Company,
including, pursuant to any employment or services agreement between the Company or an Affiliate thereof and the Employee. Notwithstanding any provision of this Agreement, the payment described in Section 2.1.2 is conditioned on the
Employee’s execution and delivery to the Company of the Release within the period beginning on the first day of the second calendar month immediately following Employee’s termination of employment and ending on the last day of such
calendar month. The payment described in Section 2.1.2 will be made one month after receipt by the Company of the Release. On and after a Change in Control, subject to the applicable notice period, the Company may terminate Employee without
Cause or the Employee may resign for Good Reason in accordance with the provisions of Section 1.8 above. 
 2.2 Other
Terminations. If the Employee’s employment with the Company ceases for any reason other than as described in Section 2.1 (including but not limited to (a) termination by the Company for Cause, (b) resignation by the Employee
without Good Reason, (c) termination as a result of the Employee’s Disability, or (d) the Employee’s death), then the Company’s obligation to the Employee will be limited solely to the payment of The Accrued Obligations. All
compensation and benefits will cease at the time of such cessation of employment and, except as otherwise provided by applicable law, the Company will have no further liability or obligation by reason of such termination. 

Section 3. Miscellaneous. 

3.1 Successors and Assigns. This Agreement shall inure to the benefit of and be binding upon the Company and Employee and their
respective successors, executors, administrators, heirs and/or permitted assigns; provided, however, that neither Employee nor the Company may make any assignments of this Agreement or any interest herein, by operation of law or
otherwise, without the prior written consent of the other party, except that, without such consent, the Company may assign this Agreement to any successor to all or substantially all of its assets and business by means of liquidation, dissolution,
merger, consolidation, transfer of assets, or otherwise. 
 3.2 Governing Law. This Agreement shall be governed by and construed under
and according to the laws of Switzerland without regard to its conflict of laws provisions. 
 3.3 Waivers; Separability. The waiver
by either party hereto of any right hereunder or any failure to perform or breach by the other party hereto shall not be deemed a waiver of any other right hereunder or any other failure or breach by the other party hereto, whether of the same or a
similar nature or otherwise. No waiver shall be deemed to have occurred unless set forth in a writing executed by or on behalf of the waiving party. No such written waiver shall be deemed a continuing waiver unless specifically stated therein, and
each such waiver shall operate only as to the specific term or condition waived. Whenever possible, each provision of this Agreement will be interpreted in such manner as to be effective and valid under applicable law, but if any provision of this
Agreement is held to be invalid, illegal or unenforceable in any respect under any applicable law or rule in any jurisdiction, such invalidity, illegality or unenforceability will not affect any other provision or the effectiveness or validity of
any provision in any other jurisdiction, and this Agreement will be reformed, construed and enforced in such jurisdiction as if such invalid, illegal or unenforceable provision had never been contained herein. 

  
 - 4 - 

 3.4 Notices. All notices and communications that are required or permitted to be
given hereunder shall be in writing and shall be deemed to have been duly given when delivered personally or upon mailing by registered or certified mail, postage prepaid, return receipt requested, as follows: 

If to the Company, to: 
 Quotient
Limited 
 PO Box 1075, Elizabeth House 

9 Castle Street 
 St Helier 

Jersey JE4 2QP 
 Channel Islands

 Attn: Franz Walt 
 E-mail: franz.walt@quotientbd.com 
 If to Employee, to the address on file with the Company, 

or to such other address as may be specified in a notice given by one party to the other party hereunder. 

3.5 Entire Agreement; Amendments. This Agreement contains the entire agreement and understanding of the parties relating to the
provision of severance benefits upon termination in connection with a Change of Control, and merges and supersedes all prior and contemporaneous discussions, agreements and understandings of every nature relating to that subject. 

3.6 Withholding. The Company will withhold from any payments due to Employee hereunder, all taxes or other amounts required to be
withheld pursuant to any applicable law. 
 3.7 Headings Descriptive. The headings of sections and paragraphs of this Agreement are
inserted for convenience only and shall not in any way affect the meaning or construction of any provision of this Agreement. 
 3.8
Counterparts and Facsimiles. This Agreement may be executed, including execution by electronic or facsimile signature, in one or more counterparts, each of which shall be deemed an original, and all of which together shall be deemed to be one
and the same instrument. 
 3.9 Term of Agreement. This Agreement shall expire, and the Employee will have no rights hereunder, on
January 7, 2023 or on each anniversary thereof if and only if the Board provides written notice to the Employee of such expiration at least 90 days prior to January 7, 2023 or the applicable anniversary thereof; provided, however, that,
notwithstanding the foregoing, the Board shall not be authorized to cause this Agreement to expire, and this Agreement shall not expire, on or after the date of a Change in Control. 

[signature page follows] 

  
 - 5 - 

 IN WITNESS WHEREOF, the parties hereto have executed this Agreement on the date and year
first above written. 
  

					
	QUOTIENT LIMITED
		
	By:	 	 /s/ Franz Walt

		 	Name:	 	
		 	Title:	 	
	
	 /s/ Peter Buhler

	Peter Buhler

  
 - 6 - 

 EXHIBIT A 

RELEASE AND WAIVER OF CLAIMS 

This Release and Waiver of Claims (“Release”) is entered into as of this [•] day of [•], 20[•], between
QUOTIENT LIMITED and any successor thereto (collectively, the “Company”) and [•] (the “Executive”). 

The Executive and the Company agree as follows: 
  

	1.	 The employment relationship between the Executive and the Company, or an affiliate of the Company, was
terminated on [•] (the “Termination Date”). 

  

	2.	 In accordance with the change of control agreement, dated [•], between the Executive and the Company, as
it may be amended from time to time (the “Change of Control Agreement”), the Executive is entitled to receive certain payments and benefits after the Termination Date. 

 

	3.	 In consideration of the above, the sufficiency of which the Executive hereby acknowledges, the Executive, on
behalf of the Executive and the Executive’s heirs, executors and assigns, hereby releases and forever discharges the Company and its shareholders, parents, affiliates, subsidiaries, divisions, any and all of its or their current and former
directors, officers, employees, agents, and contractors and their heirs and assigns, and any and all employee pension benefit or welfare benefit plans of the Company, including current and former trustees and administrators of such employee pension
benefit and welfare benefit plans (the “Released Parties”), from all claims, charges, or demands, in law or in equity, whether known or unknown, which may have existed or which may now exist from the beginning of time to the date of
this Release, including, without limitation, any claims the Executive may have arising from or relating to the Executive’s employment or termination from employment with the Company and its affiliates. 

 

	4.	 The Executive acknowledges that the consideration given for this Release is in addition to anything of value to
which the Executive is already entitled. If the Executive has not returned the signed Release within the time permitted under the Change of Control Agreement, then the offer of payment set forth in the Change of Control Agreement will expire by its
own terms at such time. 

  

	5.	 This Release does not release the Released Parties from (i) any obligations due to the Executive under the
Change of Control Agreement, or under this Release, (ii) any vested rights the Executive has under the Company’s employee benefit plans in which the Executive participated, (iii) any rights or claims that arise from actions or
omissions after the date of execution by the Executive of this Release, (iv) any rights that cannot be waived as a matter of applicable law, or (v) any rights to indemnification the Executive may have under any indemnity agreement,
applicable law, the by-laws, certificate of incorporation, or other constituent document of the Company or any of its affiliates or as an insured under any director’s and officer’s liability
insurance policy now or previously in force. 

  
 - 1 - 

	6.	 This Release is not an admission by the Released Parties of any wrongdoing, liability or violation of law.

  

	7.	 The Executive waives any right to reinstatement or future employment with the Company following the
Executive’s separation from the Company. 

  

	8.	 This Release shall be governed by and construed in accordance with the laws of the Switzerland, without regard
to conflicts or laws principles thereof. 

  

	9.	 This Release and the Change of Control Agreement represent the complete agreement between the Executive and the
Company concerning the subject matter in this Release and supersedes all prior agreements or understandings, written or oral. This Release may not be amended or modified otherwise than by a written agreement executed by the parties hereto or their
respective successors and legal representatives. 

  

	10.	 Each of the sections contained in this Release shall be enforceable independently of every other section in
this Release, and the invalidity or unenforceability of any section shall not invalidate or render unenforceable any other section contained in this Release. 

  

	11.	 The Executive acknowledges that the Executive has carefully read and understands this Release, that the
Executive has the right to consult an attorney with respect to its provisions and that this Release has been entered into voluntarily. The Executive acknowledges that no representation, statement, promise, inducement, threat or suggestion has been
made by any of the Released Parties to influence the Executive to sign this Release except such statements as are expressly set forth herein or in the Change of Control Agreement. 

[The remainder of this page intentionally left blank.] 

  
 - 2 - 

 The parties to this Release have executed this Release as of the day and year first written
above. 
  

					
	QUOTIENT LIMITED
		
	By:	 	  

		 	Name:	 	
		 	Title:	 	
	
	  

	[Executive]

  
 - 3 -

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