Document:

EX-4.1

 Exhibit 4.1 

CONFIDENTIAL 
 Certain portions
of this exhibit have been omitted because they are not 
 material and the registrant customarily and actually treats 

that information as private or confidential. 

AMENDED AND RESTATED EMPLOYMENT AGREEMENT 

BETWEEN : 
 Celyad Oncology SA, with
registered offices located at Rue Edouard Belin 2, 1435 Mont-Saint-Guibert (Belgium), registered with the register of legal entities under number 0891.118.115 (together with its Affiliates), represented by Filippo Petti, CEO. 

Hereinafter referred to as the “Employer”; 

and 
 Mr David Gilham,
residing at Tara Cottage, Brookbottom, New Mills, Derbyshire, SK22 3AY , United Kingdom. 
 Hereinafter referred to as the
“Employee”. 
 The Parties referred to above are individually also referred to as a “Party” and jointly as the
“Parties”. 
 Have agreed as follows: 
  

	1.	 Date and position 

This amended and restated contract is entered into for an indefinite period and comes into force 24 March 2021. 

The Employee has been hired as Senior Vice President R&D on September 8; 2016 and has been promoted as Chief Scientific Officer, on May 1st
2020. The employee reports to the Chief Executive Officer. 
 The Employer reserves the right to change the Employee’s position if this
is in accord with the Employee’s capacities and knowledge. This article will be enforced with due consideration for the Employer’s economic interests and the Employee’s personal interests. Any change in the position will not
constitute a unilateral change in the Employee’s working conditions. 
  

	2.	 Basic remuneration 

The remuneration comprises a fixed part and a variable part. The fixed part comprises a gross monthly salary of [***]. 

The variable part is related to the Incentive Plan put in place by the Company and may correspond to up to of the gross annual salary. The
variable part will be determined at the end of each calendar year on the basis of the Employee’s performance (determined based on objectives established at the beginning of each year with the Employee’s manager), on the one hand, and the
Company’s operational and financial performance, on the other hand. 
 Page 1 of 8 

 CONFIDENTIAL 
  

 The number of monthly salaries as well as the “supplementary” salaries, such as the
thirteenth month and holiday pay, is established in accordance with the conditions of Joint Committee 207. 
  

	3.	 Review 

The Employee’s performances will be reviewed annually, for the first time no later than 1 January following the entry into force of
the employment contract. 
  

	4.	 Other advantages 

Meal vouchers will be granted to the Employee within the limits and in accordance with the relevant legal stipulations, the “gross”
value of the meal vouchers, before deduction of the legal amounts imposed by law, is €8 per voucher per day worked. 
 The Employee will
be entitled to representation allowances for a monthly amount of [***]. The Employer reserves the right to modify the amount to respect the current legislation. 

The Employee will have the use of a company vehicle as defined in the Company’s car policy. The vehicle is provided to the Employee,
inclusive of fuel card, servicing, insurance and related taxes. The vehicle must have a diesel engine. The Employer will deduct the taxes as stipulated by law relating to this type of fringe benefit from the salary. Furthermore, the Employer
reserves the right to withdraw the grand of a company vehicle should the Employee is unable to show that the vehicle is used for essentially work-related matters and that it is looked after with due care. 

As the Employee is residing outside of Belgium, and commits to be in the offices of the Company a minimum of 4 days per week (when not
travelling abroad for professional duties), the Company will lease an apartment or a house for a monthly budget of up to per month (all charges included). Also, the Company will pay all personal travels expenses of the Employee from and to
Manchester. 
  

	5.	 Insurance plan 

From the first day of employment the Employee benefits from insurance covering hospital, ambulant and dental care taken out with DKV.
Furthermore, from the first day of employment, the Employee will be signed up to the Company’s supplementary Group Insurance plan (life insurance, sickness and invalidity insurance, pension saving). 

 

	6.	 Stock option plan 

When warrants are issued by the Company, the Employee will be able to benefit from warrants as defined by the distribution plan approved by the
Company’s Compensation Committee. However, the award of warrants to the Employee is not guaranteed and any decision to do so is at the exclusive discretion of the compensation Committee. 

  
 Page 2 of 8 

 CONFIDENTIAL 
  

	7.	 Place of work 

The regular place of work is, Rue Edouard Belin 2, Axisparc, B-1435 Mont-Saint-Guibert. 

The Employer reserves the right to change the place of work for valid operational reasons. 

The Employee agrees to travel to several regions and countries if this proves necessary for the Company’s business and to fulfil his
duties. 
  

	8.	 Annual holidays 

The Employee will benefit from the number of days holiday as set down in the relevant Belgian laws and as stablished by Joint Committee 207,
with due consideration for the number of working hours as set down in Article 8 bis, which is 32 days in total at the end of the first fully worked year (40 hours per week split over 5 days worked). 

As far as possible, and insofar as the number of days is sufficient, the Employee is requested to take at least 10 days between 1 July and
31 August. The dates of the annual holidays will be decided by mutual agreement between the Employer and the Employee. The Employee will also be entitled to the legal public holidays in Belgium. The days off will be set at least 2 weeks in advance
with the agreement of the managing director or any other authorized person in this person’s absence. 
 Article 8 bis : Working
hours 
 The Employee Works 40 hours per week. The Employee is expected to begin the working day between 8.30am and 9.00am and to end the
working day between 5.30pm and 6.00pm, depending on the schedule established with his manager. 
  

	9.	 Exclusivity 

The Employee acknowledges and accepts that the nature of the Company’s activities, his duties and responsibilities as well as the
remuneration granted to him presuppose that he devotes all of his working time and all his capacities to the Company’s business. 
 The
Employee must obtain the Company’s approval in advance before undertaking any other working activity outside of the Company. The Company may refuse to give this approval without justification or grant it subject to certain conditions. 

The Company’s authorization is required for any working activity, remunerated or otherwise : 

 

	 	1.	 Performed directly by the Employee as a self-employed person or as an employee, authorized representative or
agent of another company; or 

  

	 	2.	 Performed by another company under the control of the Employee. 

  
 Page 3 of 8 

 CONFIDENTIAL 
  

	10.	 Confidential information 

During the performance of this contract, the Employee must : 
  

	 	•	 	 Not disclose any Confidential Information to any person; 

 

	 	•	 	 Not use ay Confidential Information to his advantage (with or without the prospect of financial gain) or the
advantage of any other person (with or without the prospect of financial gain). 

 After the end of this contract, the
Employee must : 
  

	 	•	 	 Not disclose any Confidential information to any person; 

 

	 	•	 	 Not use any Confidential Information to his advantage (with or without the prospect of financial gain);

  

	 	•	 	 Spontaneously or on the Company’s first request, return to the Company any Confidential Information,
whichever way this Confidential Information is kept or stored; 

  

	 	•	 	 Notify his new Employer or new clients of his obligations under this article. 

If this stipulation is breached by the Employee, the Company or the Group may claim damages and interests from the Employee, set at the fixed
sum of EUR 25.000 per breach, without affecting the Company’s right to compensation based on its actual losses. 
 The Employee’s
attention is also drawn to the fact that the criminal penalty for disclosing industrial secrets is imprisonment of between three months and three years under Article 309 of the Penal Code. 

Bearing in mind the nature of his activities and the critical character of the Confidential Information circulating there, the Company will do
its utmost to assert its rights and prosecute the Employee if he breaches this Article 10. 
  

	11.	 Intellectual property 

§1. All intellectual property rights and other rights such as the rights to knowhow (hereinafter referred to jointly as “Intellectual
Property Rights”), to all research and development results, documentation, databases, reports, analyses, technologies, industrial secrets, methods, procedures, discoveries, improvements and any other work created, designed, developed or
produced in whole or in part by the Employee, alone or working with others, using or not using the Company’s systems, equipment or machinery, during or in performance of the employment contract or on the Company’s instructions, or that
relate or can in any way be connected to any of the matters that constitute or can become a Company activity or that are the subject or can be the subject of any Company research (hereinafter generally referred to as “Works”), remain the
Company’s exclusive property from their creation and from the date on which this contact is signed insofar as it concerns rights that are created before the signing of this contract and are subject of this article. 

  
 Page 4 of 8 

 CONFIDENTIAL 
  

 §2. The media that contain the Work as well as all documents that have been shared
between the Company and the Employee are also the Company’s exclusive property. 
 §3. The Employee undertakes to fully inform the
Company on its first request of any Work that he has created, produced or developed alone or working with others. The Employee undertakes to immediately share all information and knowhow in relation to the Works after their creation. The Employee
also undertakes to share and provide any documentation in relation to the Works. 
 §4. The Employee undertakes to refrain from any act
that breaches the Company’s rights. The Employee undertakes not to apply for or claim, directly or through a third party, a patent or any other intellectual property right in relation to the Works without the Company’s written permission.

 §5. The Employee agrees, from the signing of this contract, to the Company acting as his exclusive representative with regard to the
exercise of moral rights to the Works, such as the right of disclosure or authorship with regard to the Works. The Employee acknowledges that the Company (and/or its partners and clients) has the exclusive right to determine whether, when and how
the Works are used, with due consideration for the fact that the Works not used also remain the Company’s exclusive property. The Employee renounces his moral right to demand that the Company (and/or its partners and clients) respect the
integrity of the Works and does not object to any change or modification to the Works insofar as this does not undermine his honor or reputation. The Employee authorizes the Company (and/or its partners and clients) to use the Works without stating
the name of the Employee and to affix it with any distinctive sign of its choosing. 
  

	12.	 Non-competition clause 

When leaving the Company, the Employee will refrain from performing similar activities, either in an undertaking of his own or at a competitor
of the Company, by which he could harm the Company that he has left by using the specific knowledge of the Company that he has acquired there for his own ends or for the benefit of a competitor. 

This ban is imposed for 12 months following the day in which employment relations are ended. This ban applies in all countries in which the
Company’s brands, being C-Cure and C-Cath or any other propriety brand of the Company on the date of departure of the Employee, are registered. This ban applies
whenever the contract is ended, except when gross misconduct is cited by the Employer. 
 The Company may renounce the application of this
clause within fifteen days of the breaking of the Employee’s employment contract. If the Company does not renounce the application of this clause, it will pay the Employee compensation equal to fifty per cent (50%) of the Employee’s gross
remuneration for the effective period during which the ban applies. 
 If the Employee fails to comply with this clause, he will reimburse
the Company this sum and he will also be liable to pay fixed compensation in the same amount, without affecting the Company’s right to claim higher damages and interests if it can prove the extent of these damages. 

  
 Page 5 of 8 

 CONFIDENTIAL 
  

	13.	 Commission and gifts 

The Employee is not authorized to accept, directly or indirectly, any commission, gift, in cash or in kind, from any person that has or could
have a business relationship with the Company or any other company of the Group without the Company’s prior permission. 
  

	14.	 Gross misconduct 

The Company is authorized to end this contract with immediate effect, without prior notice or compensation, if the Employee is found guilty of
gross misconduct, that is to say any conduct that immediately and definitively makes the continued working relationship between the parties impossible. 

The following are examples of gross misconduct that could lead to the immediate breaking of the employment contract at the Company’s
discretion : 
  

	 	1.	 Any non-fulfilment by the Employee of his general obligations, as set
down in this contract; 

  

	 	2.	 Any breach of the confidentiality obligation, as set down in Article 10 of this contract;

  

	 	3.	 Any breach of the obligation not to accept gifts or tips, as set down in this contract; 

 

	 	4.	 Any fraud or falsification of documents; 

 

	 	5.	 Any abuse of the Company’s credit card or the Company’s funds; 

 

	 	6.	 Any infraction subject to a criminal penalty liable to definitively break the band of trust between the parties
or harm the Company’s reputation or public image; 

  

	 	7.	 Any unjustified absence of three consecutive days; 

 

	 	8.	 Any public announcement liable to harm the reputation or public image of the Company or any Group company;

  

	 	9.	 Any breach by the Employee of the Intellectual property rights of third parties; 

 

	 	10.	 Any violent conduct, psychological abuse or sexual harassment. 

This list is not exhaustive. 
  

	15.	 Eployee’s obligations when the contract is broken off 

When this contract ends, for whatever reason, the Employee must immediately : 

 

	 	•	 	 Return to the Company all unused business cards he has received from the Company or any other Group company;

  

	 	•	 	 Return to the Company, without keeping copies, all documents in his possession regarding the Company or any other
Group company, the keys to the Company’s premises, the Company’s vehicle and all property, material or equipment in his possession that belongs to the Company or any other Groupe company. 

Any arrangement or agreement between the parties relating to the breaking off of this contract must be deemed to contain Confidential
Information to which the stipulations of this contract regarding the confidentiality obligation apply. 

  
 Page 6 of 8 

 CONFIDENTIAL 
  

	16.	 Unfair competition 

Without affecting its obligations set down in Article 10 of this contract, the Employee acknowledges that he cannot undertake to participate in
an act of unfair competition against the Company. The Following are examples of unfair competition (without this list being exhaustive) : 
  

	 	1.	 The use of Confidential Information in his own interest or in the interest of any other business;

  

	 	2.	 The use of the Company’s name or logo or the name or logo of any other Group company in his own interest
or in the interest of any other business; 

  

	 	3.	 Any act that creates confusion among the Company’s clients or partners regarding the Company or the
business the Employee Works on; 

  

	 	4.	 Any attempt to encourage an employee of the Company or of another Group company to leave the Company or leave a
Group company. 

 If the Employee is guilty of acts of unfair competition the Company may claim damages and interests to
compensate all losses or damages that it suffers or could suffer. 
  

	17.	 Employee handbook 

The Employee undertakes to read and comply with the employee handbook from his first day of employment at the Company. 

 

	18.	 Applicable law 

This employment contract will be governed and will enter into force in compliance with Belgian law. Any dispute arising from this document that
cannot be settled amicably will be exclusively submitted to the Courts of Belgium. 
  

	19.	 Other stipulations 

This contract constitutes the entire agreement between the Employee and the Company and replaces any earlier contract and any previous
correspondence on the same subject. 

  
 Page 7 of 8 

 CONFIDENTIAL 
  

 Executed in two originals in Mont-Saint-Guibert, on 24 March 2021. 

Each of the parties acknowledges receipt of one original 
  

					
	 Celyad Oncology SA, represented by

Filippo Petti, CEO
	  		  	The Employee
			
	 /s/ Filippo Petti
	  		  	 /s/ David Gilham

	Name: Filippo Petti	  	                                	  	Name: David Gilham
	 Title: CEO
 Date: 3/24/2021
	  		  	 Title: CSO
 Date: 3/24/2021

  
 Page 8 of 8EX-4.2

 Exhibit 4.2 

Certain portions of this exhibit have been omitted because they are not 

material and the registrant customarily and actually treats 

that information as private or confidential. 

SERVICES AGREEMENT 
  

	BETWEEN:	 1. Celyad Oncology S.A., a company established under the laws of Belgium, with registered office at B-1435 Mont-Saint-Guibert, Rue Edouard Belin 2 (Belgium) and registered with the company register of Nivelles under number 0891.118.115, 

 

	    	 represented by Filippo Petti, CEO 

 

	    	 hereinafter referred to as the “Company”; 

 

	        AND:	 2. NandaDevi S.R.L. a company under incorporation under the laws of Belgium, with future registered
office at B-1331 Rosières, rue de Tombeek 2 boîte 20 (Belgium), 

  

	    	 represented by Philippe Dechamps, Director 

 

	    	 hereinafter referred to as the “ Services Provider”; 

The Company and the Services Provider are collectively referred to as the “Parties” and individually as a “Party”. 

WHEREAS: 
 The Company’s business is to
develop regenerative therapies for the treatment of unmet medical needs, currently developing product candidates for the treatment of cardiovascular diseases and cancers. 

The Services Provider’s business is to provide legal and compliance services for companies and executives. 

The Company wishes to retain the Services Provider to perform certain services as outlined below. 

NOW, THEREFORE, intending to be legally bound, the Parties agree as follows: 

Article 1—Definitions 
 In the Agreement, the
following terms shall have the following meanings (unless the context requires otherwise): 
 Agreement: this services agreement; 

 Board: the board of directors of the Company; 

Capacity: as agent, manager, director, employee, owner, partner, shareholder or in any other capacity; 

Competing Business: a business which is similar to or in any way competes with the business of the Company; 

Confidential Information: information (whether or not recorded in documentary form, or stored on any magnetic or optical disk or memory) relating to
the business, products, affairs and finances of the Company for the time being confidential to the Company and trade secrets including, without limitation, technical data and know-how relating to the business
of the Company or any of its business contacts; 
 Effective Date: the 24 of March 2021; 

Termination Date: the date of termination of the Agreement howsoever arising. 

Article 2 –Appointment and Services to be provided by the Services Provider 

 

	2.1.	 The Company has appointed the Services Provider as Chief Legal Officer and Company Secretary of the Company
since September 1st, 2016. 

  

	2.2.	 The Services Provider will continue to provide services to the Company as defined in Exhibit A (hereinafter
collectively referred to as the “Services”). 

  

	2.3.	 The Services Provider will perform the Services as member of the Executive Committee subject to the provisions
of the Article 3 below. 

  

	2.4.	 The Services Provider shall comply with all reasonable standards of safety and comply with the Company’s
health and safety procedures in force at the premises where the Services are provided. 

  

	2.5.	 The Parties hereby agree that the Services will be rendered and performed by the Services Provider. In case of
death of the Services Provider, or if the Services Provider is unable to perform the Services described in the article 2.2. for more than 3 consecutive months for any reason whatsoever (such as incapacity) other than death, the Company may terminate
the Agreement pursuant to the article 10.2 hereinafter. 

  

	2.6.	 The Company shall put at the disposal of the Services Provider, at the registered office of the Company, all
financial and technical means and the human resources necessary for the performance of the Services, such as (this list not being exhaustive) furnished premises, administrative and scientific staff or telecommunication means, within a budget
approved beforehand by the Board. 

  
 - 2 - 

	2.7.	 The Company shall give the Services Provider access to all Company’s records and information needed for
the proper performance of the Services. All Company’s records or information, on whatever media, which shall be made available to the Services Provider, shall remain the ownership of the Company. On Termination Date, the Services Provider shall
comply with the provisions of Article 11 hereafter. 

 Article 3 – Non-exclusivity

 Nothing in the Agreement shall prevent the Services Provider from being involved or having any financial interest in any capacity in any other
business, trade, profession or occupation during the Agreement provided that such activity: 
  

	 	(a)	 does not cause a breach of any of the Services Provider’s obligations under the Agreement;

  

	 	(b)	 is not detrimental to the proper performance of the Agreement; and 

 

	 	(c)	 is not related to a Competing Business, it being understood that this prohibition shall also extend to a period
of six months after Termination Date. 

 Article 4 – Fees, bonus, expenses, invoicing and payment terms 

 

	4.1.	 In consideration of the provision of the Services, the Company shall pay to the Services Provider twelve
instalments of [***] exclusive VAT per year (corresponding to an annual fee of as reviewed annually in accordance with the article 4.5) (hereinafter the “Fee”). This monthly fee is payable by bank transfer to the account designated
by the Services Provider no later than 10 opening days after transmission to the Company’s accounting department. 

  

	4.2.	 The Company shall reimburse (or procure the reimbursement of) all reasonable expenses, properly and necessarily
incurred by the Services Provider in the course of the performance of the Agreement and evidenced by receipts or settled invoices or evidence otherwise approved by the Company as appropriate. 

 

	4.3.	 The Services Provider will be entitled to an annual target bonus as reviewed annually in accordance with the
article 4.5 (the “Bonus”). This Bonus corresponds to [***] of the Fee and will be determined based on the individual performance of the Services Provider and the Company’s performance. Both performances will be assessed by the CEO and
validated by the Board no later than in the month of February of the year following the performance of the Services. The Bonus will be paid to the Services Provider at the latest on the 20th day
of the month following the decision of the Board. 

  

	4.4.	 The Services Provider will be entitled to a long-term incentive plan awards (the “LTI Awards”)
decided each year at the discretion of the Board. The LTI Awards should be delivered in the form of Company warrants (or equivalent) the month following the issuance of the warrant plan. 

  
 - 3 - 

	4.5.	 The Fee, together with the Bonus, and the related KPI’s, will be reviewed and potentially adjusted upwards
annually. 

  

	4.6.	 The Services Provider is eligible to participate, at his own costs, in the Health Insurance plan of the
Company, in accordance with the generally applicable terms and conditions of such plans, as may be amended from time to time. 

Article 5 – Confidential Information 
  

	5.1.	 The Services Provider shall not (except in the proper course of its duties) either during the Agreement or at
any time after the Termination Date for a period of 5 years, use or disclose Confidential Information to any third party and shall use its best endeavours to prevent the publication or disclosure of any Confidential Information. This restriction
does not apply to: 

  

	 	(a)	 any information that was known to the services provider prior to the disclosure thereof by the Company; or

  

	 	(b)	 any use or disclosure authorised by the Company or required by law or by court order; or 

 

	 	(c)	 any information which is already in, or comes into, the public domain otherwise than through the Services
Provider’s unauthorized disclosure. 

  

	5.2.	 A Party shall not at any time either during the Agreement or at any time after the Termination Date for a
period of 5 years, disclose the subject and content of the Agreement without the prior written consent of the other Party, unless disclosure is required by law or by court order and in such case the other Party shall be informed in advance of the
content and timing of such disclosure. 

 Article 6—Non-solicitation of customers and
employees 
 The Services Provider agrees that during the Agreement and for a period of twelve months immediately after Termination Date, the
Services Provider will not, directly or indirectly, for itself or on behalf of any other person, partnership, company or corporation: 
  

	 	(a)	 divert or attempt to divert any customers, suppliers or accounts from the Company to a Competing Business; or

  

	 	(b)	 call upon any customer or customers of the Company for the purpose of soliciting and/or selling to any such
customers, any product or service competing with products or services sold or provided by the Company; or 

  

	 	(c)	 induce or attempt to induce any employees of the Company to terminate their employment for the purpose of
employment with a Competing Business. 

  
 - 4 - 

 Article 7 – Intellectual Property 

 

	7.1.	 All intellectual and industrial property (including, without limitation, patentable inventions and copyrights)
conceived or generated by the Service Provider in performance of its Services and which relate specifically to the Company or its business (and not, for the avoidance of doubt, to legal or non-legal
publications or opinions of the Services Provider outside of the provision of Services to the Company) shall be assigned to and will be fully owned by the Company and may be used by the Company in connection with its activities and for any other
purpose, including commercial exploitation in any manner. 

  

	7.2.	 In the event that, according to the applicable law, the Service Provider has made a patentable contribution to
any invention made during the performance of its Services, then he shall be named as co-author in any patent application or publication thereon. 

 

	7.3.	 The Service Provider agrees that it will take all necessary steps to ascertain that any copyright or other
right to any ideas, information and know-how, drawings, instruction sheets, slides, charts or any other creative works developed by it in the framework of the performance of the Services and which relate
specifically to the Company or its business, be vested in or transferred to the Company or any other person or company indicated by the Company. 

Article 8 – Assignability 
 Neither the
Agreement, nor any rights or benefits hereunder, may be assigned, transferred or contributed without the written consent of both Parties hereto, and any such assignment, transfer or contribution without the consent of the other Party shall be null
and void. 
 Article 9 - Administrative formalities and liability of the Services Provider 

 

	9.1.	 The Services Provider will comply at all times with all applicable legal provisions and more in particular with
social security and tax obligations. The Services Provider shall be fully liable for its own income tax, social security contributions and any other levies or charges arising from the performance of the Services and the payment of the Fee and the
Bonus. 

  

	9.2.	 The Company agrees to indemnify, and hold harmless the Services Provider and its Director from and against any
loss, damage, cost and expense (including attorneys’ fees and expenses) incurred in connection with the provision of the Services, including but not limited to, all claims by third parties for injuries to person or persons and all related
expenses that result directly from serious adverse reactions to services, products or therapies provided by the Company. 

  
 - 5 - 

	9.3.	 The Company shall hold the Service Provider harmless for any wrongful performance of the Services
Provider’s obligations under the Agreement, except for gross negligence or fraud, and shall indemnify it for any damages suffered as a result of an action brought against the Company and/or itself by a third party resulting from a wrongful
performance of its obligations, including attorneys’ fees and expenses. The aggregate liability of the Services Provider under this Agreement shall be capped to a one-year Fee in respect of all losses
arising out of or in connection with the Service provider’s services. Notwithstanding anything to the contrary, this article will survive the termination of the Agreement. 

 

	9.4.	 To the extent that the Services Provider has access to or is required to process any information relating to an
identified or identifiable individual (“Personal Data”) for Company under this Agreement, the Services Provider, acting as a data processor in the meaning of the applicable legislation on the protection of privacy in relation to the
processing of personal data, shall: 

  

	 	•	 	 comply with all applicable data privacy laws and regulations; 

 

	 	•	 	 only process such Personal Data on behalf and upon instruction of Company and only to the extent necessary to
perform the Agreement and only in accordance with the purposes as determined by Company for the processing of Personal Data; 

  

	 	•	 	 implement and maintain appropriate technical and organizational measures as required by the applicable
legislation in order to protect the Personal Data from accidental or unauthorized destruction, accidental loss, as well as from alteration, access and any other unauthorized processing of the Personal Data. Such measures shall ensure an appropriate
level of security taking into account the state of the art in this field and the cost of implementing the measures on the one hand and the nature of the data to be protected and the potential risks on the other hand; 

 

	 	•	 	 provide Company with written notice promptly, but in any event within 24 (twenty-four) hours of becoming aware of
any actual or potential Personal Data security breach. 

 Article 10 – Duration of the Agreement and termination 

 

	10.1.	 The Agreement is deemed to come into force on the Effective Date and shall be for an unlimited duration, unless
terminated at an earlier time in accordance with the provisions of this Article. 

  

	10.2.	 The Agreement shall terminate with immediate effect and without payment of any indemnity in accordance with the
provisions of Article 2.5. 

  
 - 6 - 

	10.3.	 If the Agreement is terminated by the Company for another reason than for a breach of this Agreement, the
Company will pay a termination indemnity of 6 months. 

 If the Agreement is terminated by the Company for a breach of this
Agreement, there will be no indemnity due to the Services Provider. 
 The Services Provider will be entitled to (i) all amounts owed or
due by the Company at the Termination Date, and (ii) to the Bonus pro-rated ad target in the year of termination unless the Agreement is terminated by the Company for a breach of this Agreement, in which
case there will be no Bonus due to the Services Provider. 
  

	10.4.	 The Services Provider may terminate this Agreement at any time and without the payment of an indemnity by the
Services Provider. The Termination Date shall be deemed to be the date upon which its resignation shall take effect. In such case, the notice period, to the extent the Company wishes to have a notice period, will correspond to maximum 3 months of
Services. 

 If the Services Provider terminates the Agreement due to a breach of the Agreement by the Company, there will
be no notice period without prejudice to any amounts owed or due to the Services provider at Termination Date including the ad-target, pro-rated Bonus. 

 

	10.5.	 Notwithstanding any termination of the Agreement, the obligations under Article 3 c, Article 5, Article 6 and
Article 9 shall remain in force for the duration provided for in said clauses. 

 Article 11 – Obligations upon termination

 On Termination Date, the Services Provider shall: 
  

	 	(a)	 immediately deliver to the Company all documents, books, materials, records, correspondence, papers and
information (on whatever media and wherever located) relating to the business or affairs of the Company or its business contacts, any keys, and any other property of the Company, which is in its possession or under its control;

  

	 	(b)	 irretrievably delete any information relating to the business of the Company stored on any magnetic or optical
disk or memory and all matter derived from such sources which is in its possession or under its control outside the premises of the Company; and 

  

	 	(c)	 provide a signed statement that it has complied fully with its obligations under this Article 11.

  
 - 7 - 

 Article 12 - Notices and computation of delays 

 

	12.1.	 All notices or other communications required or permitted under the Agreement shall be in writing and shall be
deemed to have been duly given if (i) delivered personally, (ii) addressed by registered letter: 

 To the
Company: to the CEO, at the registered office of the Company; 
 To the Services Provider: to the Managing Director, at the registered office
of the Services Provider. 
  

	12.2.	 Any such notice or communication shall be deemed to have been received: 

 

	 	(a)	 if delivered personally at the date of delivery as indicated on the receipt of delivery; 

 

	 	(b)	 in the case of registered post, 3 calendar days after the date of posting. 

 

	12.3.	 All notice periods and delays described in the Agreement are calculated in calendar days or months.

 Article 13 - Headers 
 The
descriptive headings of the Agreement are for the sake of convenience only and shall not control or affect the meaning, construction or interpretation of any provision of the Agreement. 

Article 14 – Invalidity of a provision 
 If
any provision of the Agreement shall be declared by any court of competent jurisdiction to be illegal, void or unenforceable, all other provisions of the Agreement shall not be affected and shall remain in full force and effect, and Parties shall
negotiate in good faith to replace such illegal, void or unenforceable provision with a provision that corresponds as closely as possible to the intentions of the Parties as expressed in such illegal, void or unenforceable provision. 

Article 15 – Entire agreement and previous contracts 

Each Party acknowledges and agrees with the other Party that this Agreement together with any documents referred to in it constitutes the entire agreement and
understanding between the Services Provider and the Company and supersedes any previous agreement between them relating to the Agreement (which shall be deemed to have been terminated by mutual consent). 

Article 16 – Variation 
 No variation of the
Agreement or of any of the documents referred to in it shall be valid unless it is in writing and signed by or on behalf of each of the Parties. 

  
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 Article 17 – Governing law and jurisdiction 

 

	17.1.	 This Agreement shall be exclusively governed by and construed in accordance with the laws of Belgium.

  

	17.2.	 Any dispute arising out or in connection with the Agreement shall be submitted to the exclusive jurisdiction of
the courts of Nivelles, Belgium. 

 Executed in two originals in Mont-Saint-Guibert, on March 24, 2021. 

 

					
	The Company:	  		  	The Services Provider:
			
	 /s/ Filippo Petti
	  		  	 /s/ Philippe Dechamps

	Mr Filippo Petti	  	                                	  	Mr Philippe Dechamps
	Chief Executive Officer	  		  	Director

  
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 Exhibit A – Services     

Legal & Compliance 
  

	 	•	 	 Leading the Legal & Compliance strategy and services of the Company; 

 

	 	•	 	 Serving as a trusted corporate secretary to the Board and assuring the compliance of the Company with applicable
legal and corporate governance requirements and best practices; 

  

	 	•	 	 Advising the Company on all major business transactions including but not limited to acquisitions, divestitures,
joint ventures, licensing, clinical research, intellectual property; 

  

	 	•	 	 Advising the Company on civil, criminal and administrative litigation risks of possible business decisions within
a global framework; counselling on the appropriate strategy to defend, settle or resolve litigation, government investigations, and other claims; 

  

	 	•	 	 Actively drafting, reviewing and rolling-out policies that will ensure
that the Company is in compliance with all local laws, rules and regulations that may apply to the Company’s activities globally; 

  

	 	•	 	 Drafting and reviewing, together with in-house lawyer(s) and in close
collaboration with the other department’s head of the Company, all legal and compliance documentation. 

  

	 	•	 	 Supervising in-house lawyer(s); 

 

	 	•	 	 Budgeting legal services, hiring of professional legal staff in order to meet the needs of the Company;

  

	 	•	 	 Choosing and managing outside counsel. 

Management 
  

	 	•	 	 Serving as Member of the Executive Committee of the Company. 

  
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