Document:

Exhibit 10.2

 

STOCK PURCHASE AGREEMENT

 

This STOCK PURCHASE AGREEMENT
(this “Agreement”) is made this 31st day of December, 2019 by and between Christine T. Lindenmuth (the
“Seller”), and Peter Coker, Jr. (the “Buyer”).

 

Whereas, Seller wishes
to sell 1,000,000 shares of the common stock, par value $0.0001 per share (the “Common Stock”), of Hometown
International, Inc., a Nevada corporation (the “Company”), to Buyer, and Buyer wishes to purchase such shares
from Seller, on the terms and conditions set forth herein.

 

Now, therefore, in consideration
of the agreements and obligations set forth herein and for other good and valuable consideration, the receipt and sufficiency of
which are hereby acknowledged, the parties agree as follows:

 

Section 1. Purchase
and Sale of the Shares.

 

Section 1.1 Sale
of Shares. Subject to the terms and conditions of this Agreement, and in reliance upon the representations and warranties and
covenants contained herein, Buyer agrees to purchase from Seller, and Seller agrees to sell to Buyer, One Million (1,000,0000)
shares of Common Stock(the “Shares”), for a purchase price of $0.015 per share, or an aggregate purchase
price of One Thousand Five Hundred Dollars ($1,500).

 

Section 1.2 Closing.

 

(1) The
closing of the transaction contemplated hereunder (the “Closing”) shall take place at the office of The Crone
Law Group, P.C., 500 Fifth Avenue, Suite 938, New York, NY 10110, counsel to the Company (“Counsel”) on the
business date (“Closing Date”) immediately following the date of which all of the conditions to closing as provided
in Section 1(b)(2) are satisfied. The parties agree to take all actions necessary or appropriate in order to have the Closing no
later than ten (10) business days from the date of this Agreement.

 

(2) Prior
to the Closing Date,

 

(i) Seller
shall deliver to Counsel an original certificate(s) issued by the Company representing the Shares duly registered in the name of
Buyer and free of any legends or endorsements (the “Certificates”), in negotiable form, duly endorsed in blank
or with duly executed stock transfer powers attached thereto and, in either case, with a medallion signature guaranty or with a
waiver of medallion signature guaranty.

 

(ii) Buyer
shall deliver to Counsel the sum of One Thousand Five Hundred Dollars ($1,500).

 

(3) At
the Closing, Counsel shall remit One Thousand Five Hundred Dollars ($1,500) to the Seller and instruct the transfer agent for the
Company to issue the Shares in the name of the Buyer.

  

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Section 2. Representations
and Warranties of Seller. 

 

As an inducement to Buyer
to enter into this Agreement and to purchase the Shares, Seller hereby represents and warrants, on the date hereof and on the Closing
Date, as follows:

 

Section 2.1 Ownership
of Shares. Seller is the record and beneficial owner of the Shares and has sole power over the disposition of the Shares.
Seller owns of record and beneficially (with good, valid and indefeasible title to) all right, title and interest in and to the
Shares, free and clear of all liens, pledges, security interests, rights of third parties or any other encumbrances, other than
as provided under applicable securities laws. There are no existing options, rights, warrants, contracts, agreements or instruments
of any kind to which the Shares are subject, under or pursuant to which any person shall be given, provided or otherwise afforded
the right, option, occasion, possibility or opportunity to purchase, encumber, foreclose upon, acquire or obtain all or any portion
of the Shares. There is no right of first refusal or other restriction on transfer or sale of the Shares.

 

Section 2.2 Compliance
with Law and Other Instruments. The execution and delivery of this Agreement and the consummation of the transactions contemplated
hereby and the performance of Seller’s obligations hereunder will not (and will not, with the passage of time or the giving
of notice or both) conflict with, or result in any breach, violation of or default under, any provision of any governing instrument
applicable to Seller, or any applicable contract or instrument to which Seller is a party or by which Seller, the Shares or any
of Seller’s properties are bound, or any permit, franchise, judgment, decree, statute, rule or regulation applicable to Seller,
the Shares or Seller’s business or properties.

 

Section 2.3 Authorization;
Enforceability. Seller has the legal right to enter into and to consummate the transactions contemplated hereby and otherwise
to carry out Seller’s obligations hereunder. The execution, delivery and performance by Seller of this Agreement has been
duly authorized by all requisite action by Seller, and the Agreement, when executed and delivered by Buyer Agent, constitutes a
valid and binding obligation of Seller, enforceable against Seller in accordance with its terms, subject to applicable bankruptcy,
insolvency, reorganization, fraudulent conveyance, moratorium or other similar laws affecting creditors’ rights and remedies generally,
and subject, as to enforceability, to general principles of equity (regardless of whether enforcement is sought in a proceeding
at law or in equity).

 

Section 2.4 Affiliate. Seller
is an officer, director and holder of 10% or more of the outstanding shares of, or otherwise an “affiliate” (as such
term is defined in Rule 144 under the Securities Act of 1933, as amended (the “Securities Act”)) of, the Company.
Seller is not now nor has ever been an affiliate or associate of the Buyer and has no relationship with the Buyer other than pursuant
to this Agreement.

 

Section 2.5 No Group. Seller
is not acting and has not acted as a member of a partnership, syndicate or other group with other persons for the purpose of acquiring,
holding, or disposing of, or in connection with the voting of, securities of the Company.

  

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Section 2.6 No Brokers. Seller
has taken no action which would give rise to any claim by any person for brokerage commissions, finder’s fees or similar
payments relating to this Agreement or the transactions contemplated hereby.

 

Section 2.7 Experience
and Knowledge. Seller acknowledges and agrees that he (i) has extensive knowledge and experience in financial and business
matters; (ii) has had access to all information as to the Company as it has desired; (iii) has made its own inquiry and
investigation into, and, based thereon, has formed an independent judgment concerning the operations of the Company, its business
and prospects; and (iv) has received sufficient and satisfactory answers to all questions posed to the Company to evaluate
the merits and risks of the transactions contemplated by this Agreement.

 

Section 2.8 Diligence
by Seller. Seller has satisfied itself with respect to the operations, affairs, financial condition and prospects of the Company,
including, without limitation:

 

		(i)	the Company’s limited operations;

 

		(ii)	its audited and unaudited financial statements;

 

		(iii)	opinions of Company’s auditors as to the status of the Company as a going concern;

 

		(iv)	management’s decision to reevaluate the Company’s business model and plan;

 

		(v)	the fact that the Company may be contemplating and/or engaged in discussions with other persons
regarding a suitable financing transaction and/or business venture, such as a merger, acquisition, joint venture, debt and/or equity
placements and/or similar or other on-balance or off-balance sheet corporate transactions, and may engage in any lawful act or
activity, or engage in any business, for which corporations may be organized under the laws of the state of the Company’s
incorporation;

 

		(vi)	the fact that the Buyer may have information about any such possible transactions that is not available
to the Seller.

 

Section 2.9 Material Positive Effect.
Seller acknowledges that if the Company were to make such changes to its business plan and/or engage in any of the transactions
described in Section 2.8 above, such changes would be expected to have a material positive effect on the future value of the Company,
and in particular on the value of the Shares being purchased and sold pursuant to this Agreement. Seller understands and acknowledges
that the Shares could appreciate considerably in value in the near or long term and agrees to sell them anyway pursuant to this
Agreement.

 

Section 2.10  Company Disclosures.
Seller has no knowledge of a material fact about the operations, affairs, condition or prospects of the business or the financial
condition of the Company or the market for the Company’s securities that has not been publicly disclosed by the Company.

  

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Section 2.11  No Fiduciary Duty.
Seller hereby acknowledges and agrees that (i) at present there is no regular public market for the Shares; (ii) the purchase
and sale of the Shares is taking place in a private transaction between Seller and Buyer in an arm’s length commercial transaction
at a price negotiated and agreed to by Seller as the best possible current price for the Shares; (iii) Seller is solely responsible
for making its own judgments in connection with the Agreement (irrespective of whether the Company, its executive officers, auditors,
or other representatives have advised or are currently advising the Company or Seller on related or other matters); and (iv) Buyer
has not rendered advisory services of any nature or respect, nor owes any agency, fiduciary or other duty to Seller, in connection
with such transaction or the process leading thereto.

 

Section 3. Representations
and Warranties of the Buyer. 

 

As an inducement to Seller
to enter into this Agreement and to sell the Shares, Buyer hereby warrants and represents to Seller, on the date hereof and on
the Closing Date, as follows:

 

Section
3.1 Authorization; Enforceability. Buyer has the legal right to enter into and to consummate the transactions contemplated
hereby and otherwise to carry out Buyer’s obligations hereunder. The execution, delivery and performance by Buyer of this
Agreement has been duly authorized by all requisite action by Buyer, and the Agreement, when executed and delivered by Seller,
constitutes a valid and binding obligation of Buyer, enforceable against Buyer in accordance with its terms, subject to applicable
bankruptcy, insolvency, reorganization, fraudulent conveyance, moratorium or other similar laws affecting creditors’ rights and
remedies generally, and subject, as to enforceability, to general principles of equity (regardless of whether enforcement is sought
in a proceeding at law or in equity).

 

Section 3.2 Securities
Representations. Buyer understands that an investment in the Shares is a speculative investment which involves a high degree
of risk and the potential loss of its entire investment. Buyer is acquiring the Shares for his own account with the present intention
of holding such Shares for purposes of investment and Seller is not acquiring the Shares with a view to or for distribution thereof,
within the meaning of the Securities Act. Seller is acquiring the Shares for its own account as principal, not as a nominee or
agent, for investment purposes only, and not with a view to, or for, resale, distribution or fractionalization thereof in whole
or in part, and no other person has a direct or indirect beneficial interest in the restricted Shares the Buyer is acquiring herein.
Further, the Buyer does not have any contract or agreement with any person to sell, transfer or grant participations to such person
or to any third person, with respect to the Shares.

 

Section 3.3 No Advertising.
At no time was the Buyer presented with or solicited by any leaflet, newspaper or magazine article, radio or television advertisement,
or any other form of general advertising or solicited or invited to attend a promotional meeting with respect to the Company or
in connection with the offer and purchase of the Shares.

  

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Section 3.4 No Registration.
Buyer acknowledges and understands that the Shares have not been registered under the Securities Act or qualified under the securities
or “blue sky” laws of applicable states in reliance upon exemptions from registration or qualification thereunder and
the Shares may not be sold, offered, transferred, assigned, pledged, hypothecated or otherwise disposed of or encumbered, except
in compliance with the Securities Act and such rules and regulations. Buyer understands that the Company is under no obligation
to register the Shares under the Securities Act, or to assist the Buyer in complying with the Securities Act or the securities
laws of any state of the United States or of any foreign jurisdiction.

 

Section 3.5 Investment
Experience; Information. Buyer has such knowledge and experience in financial and business matters that it is capable of evaluating
the merits and risks of an investment in the Shares. Buyer has received and reviewed the documents filed by the Company with the
Securities and Exchange Commission and all information regarding the Shares and has, to the extent it has deemed necessary or advisable,
reviewed the aforementioned information and this Agreement with its investment, tax, accounting and legal advisors. Buyer and such
advisors have been given a reasonable opportunity to ask questions of and to receive answers from the Company and the Seller concerning
the acquisition of the Shares and have received or been given access to such information and documents as Buyer believes, in the
context of the information provided, are necessary to verify the accuracy of the information furnished to Buyer concerning the
Shares as Buyer or such advisors have requested, it being understood and agreed that the foregoing does not constitute a representation
by Buyer as to the completeness or accuracy of information provided to it by the Company or the Seller.

 

Section 3.6 Accredited
Investor. Seller is an accredited investor as defined in Rule 501(a) of Regulation D promulgated under the Securities Act.

 

Section 3.7 Restricted
Shares. The Shares are “restricted” (as that term is defined in Rule 144 promulgated under the Securities Act),
and the certificate representing the Shares shall be endorsed with one or more of the following restrictive legends, in addition
to any other legend required to be placed thereon by applicable federal or state securities laws:

 

“THESE SECURITIES HAVE
NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED. THEY MAY NOT BE SOLD, OFFERED FOR SALE, PLEDGED OR HYPOTHECATED
IN THE ABSENCE OF A REGISTRATION STATEMENT IN EFFECT WITH RESPECT TO THE SECURITIES UNDER SUCH ACT OR AN OPINION OF COUNSEL SATISFACTORY
TO THE COMPANY THAT SUCH REGISTRATION IS NOT REQUIRED OR UNLESS TRANSFERRED PURSUANT TO ANY VALID EXEMPTION FROM REGISTRATION AVAILABLE
UNDER SUCH ACT.”

 

Section 3.8 Not an Affiliate.
Buyer is not now, and has never been, an officer, director or holder of 10% or more of the outstanding shares of, or otherwise
an affiliate of the Company or its predecessor(s). Buyer is not now nor has ever been an affiliate or associate of the Seller and
has no relationship with the Seller other than pursuant to this Agreement.

 

Section 3.9 No Group. Buyer is
not acting and has not acted as a member of a partnership, syndicate or other group with other persons for the purpose of acquiring,
holding, or disposing of, or in connection with the voting of, securities of the Company.

  

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Section 3.10 Brokerage Fees.
Buyer has taken no action that would give rise to any claim by any person for brokerage commissions, finders’ fees or the
like relating to this Agreement or the transaction contemplated hereby.

 

Section 3.11 No Other Representations
or Information. In evaluating the suitability of an investment in the Shares, the Buyer has not relied upon any representation
or information (oral or written) other than as stated in this Agreement.

 

Section 3.12 No Governmental Review.
Buyer understands that no United States federal or state agency or any other government or governmental agency has passed on or
made any recommendation or endorsement of the Shares or the fairness or suitability of the investment in the Shares, nor have such
authorities passed upon or endorsed the merits of the offering of the Shares.

 

Section 4. Miscellaneous.

 

Section 4.1 Confidentiality.
From and after the date hereof, Seller and Buyer shall, and shall cause their respective agents, advisors, affiliates and representatives
(collectively with Seller and Buyer, the “Recipients”) to, keep confidential any information relating to this
Agreement, and the transactions contemplated hereunder, except for any such information that (i) is available to the public
as of the closing other than as a result of a breach by a party of the provisions herein, (ii) thereafter becomes available
to the public other than as a result of a disclosure by a Recipient, or (iii) is or becomes available to a Recipient on a
non-confidential basis from a source that to such Recipient’s knowledge is not prohibited from disclosing such information
to Recipient by a legal, contractual or fiduciary obligation to any other person.  If a Recipient is required to disclose
any such information in response to a governmental order or as otherwise required by law, it shall inform the other party in writing
of such request or obligation as soon as possible after Recipient is informed of it and, if possible, before any information is
disclosed, so that a protective order or other appropriate remedy may be obtained by the disclosing party.  If such Recipient
is obligated to make such disclosure, it shall only make such disclosure to the extent to which it is so obligated.

 

Section 4.2 Public Disclosure.
Without limiting any other provision of this Agreement, neither Seller, on the one hand, nor Buyer on the other hand, nor any
of their respective agents, advisors, affiliates and representatives shall, without the prior written consent of the other party,
disclose the terms of this Agreement or the transactions contemplated hereby or make or issue any press release or public statement
with respect to this Agreement or the transactions contemplated hereby. Notwithstanding anything contained herein to the contrary,
the Company shall disclose this Agreement and other public statements as required under applicable law, including without limitation,
the filing of a Current Report on Form 8-K.

 

Section 4.3 Cooperation.
Each party shall, from time to time at the reasonable request of the other party or parties hereto, and without further consideration,
execute and deliver such other instruments of sale, transfer, conveyance, assignment, clarification and termination, and take
such other action as the party making the request may reasonably require to effectuate the intentions of the parties and the transactions
contemplated hereunder and related hereto.

  

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Section 4.4 Assignment;
Binding Agreement.

 

(a) Neither
this Agreement nor any of the rights or obligations hereunder may be assigned by Seller or Buyer without the prior written consent
of the other.

 

(b) This
Agreement shall be binding upon and shall inure to the benefit of the parties and to their respective successors and permitted
assigns and heirs and representatives.

 

(c) This
Agreement constitutes the entire agreement among the parties pertaining to the subject matter hereof and supersedes all prior agreements,
understandings, negotiations and discussions, whether oral or written, of the parties. If any provision of this Agreement is deemed
or held to be illegal, invalid or unenforceable,

 

Section 4.5 Counterparts;
Electronic Signatures. This Agreement may be executed in two or more identical counterparts, each of which shall be deemed
an original but all of which together will constitute one and the same instrument. This Agreement, any and all agreements and
instruments executed and delivered in accordance herewith, along with any amendments hereto and thereto, to the extent signed
and delivered by means of email or other electronic transmission, shall be treated in all manner and respects and for all purposes
as an original signature, agreement or instrument and shall be considered to have the same binding legal effect as if it were
the original signed version thereof delivered in person.

 

Section 4.6 Governing
Law; Submission to Jurisdiction. This Agreement shall be construed, interpreted and the rights of the parties determined in
accordance with the laws of the State of New York (without reference to any choice of law rules that would require the application
of the laws of any other jurisdiction). Except as otherwise provided in this Agreement, each party irrevocably agrees that any
legal action or proceeding with respect to this Agreement or for recognition and enforcement of any judgment in respect hereof
brought by another party or its successors or assigns shall be brought exclusively in the state and federal courts of the State
of New York and each of the parties hereby (x) irrevocably submits with regard to any such action or proceeding for itself
and in respect to its property, generally and unconditionally, to the exclusive personal jurisdiction of the aforesaid courts
in the event any dispute arises out of this Agreement or any transaction contemplated hereby, (y) agrees that it will not
attempt to deny or defeat such personal jurisdiction by motion or other request for leave from any such court and (z) agrees
that it will not bring any action relating to this Agreement or any transaction contemplated hereby in any court other than the
aforesaid courts. Any service of process to be made in such action or proceeding may be made by delivery of process in accordance
with the notice provisions contained in Section 4.8. Each of the parties hereby irrevocably waives, and agrees not to assert,
by way of motion, as a defense, counterclaim or otherwise, in any action or Proceeding with respect to this Agreement, (a) the
defense of sovereign immunity, (b) any claim that it is not personally subject to the jurisdiction of the above-named courts
for any reason other than the failure to serve process in accordance with this Section 4.8, (c) that it or its property is
exempt or immune from jurisdiction of any such court or from any legal process commenced in such courts (whether through service
of notice, attachment prior to judgment, attachment in aid of execution of judgment, execution of judgment or otherwise), and
(d) to the fullest extent permitted by applicable laws and regulations that (i) the action or proceeding in any such
court is brought in an inconvenient forum, (ii) the venue of such action or proceeding is improper and (iii) this Agreement,
or the subject matter hereof, may not be enforced in or by such courts.

  

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Section 4.7 Payment
of Fees and Expenses. Except as explicitly provided for herein, Seller, on the one hand, and Buyer, on the other hand, shall
be responsible for their own fees and expenses incurred in connection with the negotiation, preparation and execution of this
Agreement and the consummation of the transaction contemplated hereby.

 

Section 4.8 Notices.
All notices, requests, demands and other communications under this Agreement will be in writing and 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 date
sent by email (with confirmation of transmission) or (c) one business day after delivery to a reputable overnight delivery
service for next business day delivery. Such notices, requests, demands and other communications will be addressed to the parties
as provided on the signature page hereof. Any party may, from time to time, designate any other address to which any such notice
to such party shall be sent. Any such notice shall be deemed to have been delivered upon receipt.

 

Section 4.9 No Third-Party
Beneficiaries. Nothing expressed or referred to in this Agreement will be construed to give any person other than the parties
any legal or equitable right, remedy, or claim under or with respect to this Agreement or any provision of this Agreement.

 

Section 4.10 Interpretation;
Independent Counsel. The parties agree that this Agreement shall be deemed to have been jointly and equally drafted by them
and that the provisions of this Agreement therefore shall not be construed against a party or parties on the ground that such
party or parties drafted or was more responsible for the drafting of any such provision(s). The parties further agree that they
have each carefully read the terms and conditions of this Agreement, that they know and understand the contents and effect of
this Agreement and that the legal effect of this Agreement has been fully explained to its satisfaction by counsel of its own
choosing.

 

[Remainder of page intentionally left blank;
Signature pages to follow]

  

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

  

	 	SELLER:
	 	 
	 	/s Christine T. Lindenmuth
	 	Name: Christine T. Lindenmuth
	 	 
	 	SELLER ADDRESS:
	 	 
	 	 
	 	 
	 	 
	 	 
	 	Number of Shares being sold: 1,000,000
	 	Seller Compensation per share: $0.015
	 	 
	 	BUYER
	 	 
	 	/s/ Peter Coker Jr.
	 	Name:  Peter Coker Jr.
	 	 
	 	BUYER ADDRESS:
	 	 
	 	 
	 	 

  

 

9EX-10.1

 Exhibit 10.1 

January 3, 2020 
 Private & Confidential

 Mr. Christopher Lindop 
 160 Commonwealth Avenue

 Unit 522 
 Boston MA 02116 

 

	Re:	 Transition, Separation & Consultancy Agreement 

Dear Mr. Lindop: 
 Thank you for your service to Quotient Limited
(the “Company”). This letter, when fully executed, will constitute the Transition, Separation & Consultancy Agreement (“Agreement”) between you and the Company concerning the terms of your future retirement from
employment with the Company. 
 1. Retirement. Unless terminated sooner, your employment with the Company and its subsidiaries and other
controlled affiliates will end upon your retirement on May 31, 2020 (the “Retirement Date”). You hereby resign from all directorships, officerships and other positions with the Company and its controlled affiliates as of and with
effect from the Retirement Date. You agree to sign all appropriate documentation, if any, prepared by the Company in connection with those resignations and your retirement. The Company and you agree that this Agreement satisfies any notice
requirement that otherwise may apply to your retirement and termination of employment under your Employment Agreement, dated as of February 9, 2017, as amended, between the Company and you (your “Employment Agreement”) and any other
agreement between you and the Company or any of its affiliates. 
 2. Pre & Post Retirement Services.
Between now and the Retirement Date you will continue to provide such services as may be requested by the Chief Executive Officer (“CEO”). When your successors employment commences, you will resign as CFO but will remain an executive
employee through the Retirement Date in the capacity of Executive Vice President, Finance. During that period you will provide transition support and participate in specific projects for the Company as and to the extent requested by the CEO. Post
retirement date, we request that you will be available to provide consultancy services to the Company, for a period of up to 12 months, to support any special projects that may arise. 

3. Compensation. 
  

	 	a)	 Until your retirement or earlier separation from the Company, you will continue to receive the same base salary
as at present; you will continue to have the same bonus opportunity as at present; and you will be entitled to the same non-cash benefits as at present. 

 

	 	b)	 Provided that you remain an employee and continue to provide services to the Company through the Retirement
Date and beyond in accordance with Section 2 and subject to the other requirements of this Agreement, you will be entitled to a single cash payment (the “Compensation Payment”) of $420,000, equal to twelve months base salary. The
Company’s obligation to make the Compensation Payment is expressly conditioned upon your execution of and delivery to the Company of a release in substantially the form 

  
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attached as Annex A (the “Release”), on or after the Retirement Date and before the Compensation Payment, and on the Release having become irrevocable under applicable law.
Assuming the other requirements set forth above are satisfied, the Company will make the Compensation Payment to you as promptly as reasonably practicable after this Release-related condition is satisfied. If you do not execute the Release within 30
days after the Retirement Date, you will not be entitled to the Compensation Payment. 

 4. Benefits. Provided that you
(i) remain an employee and continue to provide services to the Company through the Retirement Date and beyond in accordance with Section 2, (ii) execute and deliver the Release and the Release becomes irrevocable under applicable law,
and (iii) comply with the other requirements of this Agreement, the Company will provide you with the following benefits (the “Benefits”): 
  

	 	a)	 All unvested options to acquire ordinary shares of the Company (“Options”) which you hold that are
scheduled to vest within twelve months following the Retirement Date will remain outstanding and vest and become exercisable on their regularly scheduled vesting dates after the Retirement Date; all other unvested Options which you hold will be
forfeited on the Retirement Date; all outstanding and vested Options which you hold will remain exercisable until the twelve month anniversary of the Retirement Date at which time they will expire. 

 

	 	b)	 All unvested MRSUs and RSUs which you hold that are scheduled to vest within twelve months following the
Retirement Date will remain outstanding and vest on their regularly scheduled vesting dates after the Retirement Date; all other unvested MRSUs and RSUs which you hold will be forfeited on the Retirement Date. 

 

	 	c)	 Your accrued and vested benefits under any other Company benefit plans, and any reimbursements you are entitled
to under current Company policies for periods before the Retirement Date, will be paid or reimbursed to you in accordance with the terms of the applicable Company benefit plan or policy. You shall submit documented requests for all reimbursable
expenses not later than seven days of the Retirement Date. 

 5. Company Property. You agree to return all Company property
in your possession within 14 days following the Retirement Date. Company property includes work product, electronic devices and other physical property of the Company. This includes equipment, supplies, keys, security items, credit
cards, passwords, electronic devices, laptop computers, cellular phones and Blackberry devices. You must also return all originals and any copies of Company records. This includes any disks, files, notebooks, etc. that you have personally generated
or maintained with respect to the Company’s business, as well as any Company records in your possession. In addition, you and the Company agree to cooperate in good faith in identifying, providing you access to and appropriately segregating
property belonging to you and maintained on Company premises on the Retirement Date. 
 6. General Release. You knowingly and
voluntarily (for yourself, your spouse, your heirs, executors, administrators and assigns (collectively, the “Releasing Parties”) release and forever discharge the Company, its controlled affiliates and its current and former directors,
officers, employees and agents (collectively, the “Released Parties”) from any and all claims, suits, controversies, actions, causes of action, cross-claims, counter-claims, demands, debts, compensatory damages, liquidated damages,
punitive or exemplary damages, other damages, claims for costs and attorneys’ fees, or liabilities of any nature whatsoever in law and in equity, both past and present (through the date of this Agreement) and whether known or unknown,

  
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suspected, or claimed, against the Company or any of the Released Parties which any Releasing Party, may have, which arise out of or are connected with your employment with, or your separation or
retirement from, the Company (including, but not limited to, any rights related to RSUs or MRSUs, any rights under your Employment Agreement and any rights related to any allegation, claim or violation, arising under: Title VII of the Civil Rights
Act of 1964, as amended; the Civil Rights Act of 1991; the Equal Pay Act of 1963, as amended; the Americans with Disabilities Act of 1990; the Family and Medical Leave Act of 1993; the Worker Adjustment Retraining and Notification Act; the Employee
Retirement Income Security Act of 1974; the Consolidated Omnibus Budget Reconciliation Act; any applicable executive orders; the anti-retaliation provisions of the Fair Labor Standards Act; or their state or local counterparts, or under any other
federal, state or local civil or human rights law, or under any other local, state, or federal law, regulation or ordinance; or under any public policy, contract or tort, or under common law; or arising under any policies, practices or procedures of
the Company; or any claim for wrongful discharge, breach of contract, infliction of emotional distress, libel, slander, defamation; or any claim for costs, fees, or other expenses, including attorneys’ fees incurred in these matters) (all of
the foregoing are collectively referred to herein as the “Claims”). By signing this Agreement, you are representing to the Company that you fully understand this paragraph and have had an opportunity to seek legal advice regarding this
paragraph and this Agreement before signing this Agreement. Finally, you are representing that you fully understand that the filing of any Claim shall constitute a rejection or breach of our agreements contained herein. You also waive and release
and promise never to assert any such Claims, even if you do not believe that you have such Claims. You are not waiving or releasing any Claims arising under this Agreement or that cannot be waived as a matter of law. Your undertakings in this
Section 6 are in addition to the undertakings to be given by you in the Release. 
 7. Future Activities. You will not be employed
or otherwise act as an expert witness or consultant or in any similar paid capacity in any litigation, arbitration, regulatory or agency hearing or other adversarial or investigatory proceeding against the Company. In addition, at no time in the
future will you voluntarily have any contact with any of the Company’s current or former employees for purposes of soliciting, advising about or discussing their participation or potential participation in any litigation, arbitration,
regulatory or agency hearing or other adversarial or investigatory proceeding against the Company. Nothing in this Agreement shall prevent you from responding truthfully to informal or formal requests for information from governmental authorities or
your taking any actions provided for in the preceding sentence in connection with any litigation asserted against the Company and/or you. You shall promptly notify the Company of any such requests. Nothing in this Agreement shall prohibit or impede
you from communicating, cooperating or filing a complaint with any U.S. federal, state or local governmental or law enforcement branch, agency or entity (collectively, a “Governmental Entity”) with respect to possible violations of any
U.S. federal, state or local law or regulation, or otherwise making disclosures to any Governmental Entity, in each case, that are protected under the whistleblower provisions of any such law or regulation; provided, that in each case such
communications and disclosures are consistent with applicable law. 
 8. Preserving Name and Reputation. You will not at any time in the
future defame, disparage or make statements or disparaging remarks which embarrasses or causes material harm to the Company’s name and reputation or the names and reputation of any of its officers, directors or employees.
“Disparagement” as used herein means the form and substance of any communication, regardless of whether or not you believe it to be true, that tends to degrade or belittle the Company or subject it to ridicule or embarrassment. This
paragraph 9 does not apply to statements made pursuant to or in connection with court proceedings or under penalty of perjury; however, you agree to give advance notice to the Company of such an event, to the extent practicable. The Company
shall cause its executive officers and directors not to defame, disparage or make disparaging statements or disparaging remarks about you. 

  
 - 3 - 

 9. Covenants. Before and after the Retirement Date, you will remain subject to and continue to
comply with all the restrictive and other covenants contained in your Employment Agreement including in respect of confidentiality, noncompetition and nonsolicitation. 

10. Confidentiality. You acknowledge that the Company’s Confidential Information (as defined in your Employment Agreement) is
proprietary and that you may never disclose any such information to any person or entity at any time, including after the Retirement Date. You agree this paragraph is a material provision of this Agreement and that in the event of breach, you will
be liable for the return of the value of all consideration received as well as any other damages sustained by the Company. 
 11.
Forfeiture. In the event that you breach any of your obligations to the Company under this Agreement, your Employment Agreement or as otherwise imposed by law, the Company shall be entitled to stop payment of any benefit due
under this Agreement and shall be entitled to recover any benefit paid after the Retirement Date under this Agreement and to obtain all other relief provided by law or equity, including, but not limited to, injunctive relief. 

12. Governing Law and Venue. To the extent not preempted by federal law, the provisions of this Agreement shall be construed and enforced
in accordance with the laws of the State of Delaware, excluding any conflicts or choice of law rule or principle that might otherwise refer construction or interpretation of this provision to the substantive law of another jurisdiction. Each party
hereby agrees that the State of Delaware is the proper venue for any litigation seeking to enforce any provision of this Agreement, and each party hereby waives any right it otherwise might have to defend, oppose, or object to, on the basis of
jurisdiction, venue, or forum nonconveniens, a suit filed by the other party in any federal or state court in Delaware, to enforce any provision of this Agreement.  

13. Severability. If any portion, provision or part of this Agreement is held, determined or adjudicated to be invalid, unenforceable or
void for any reason whatsoever, each such portion, provision or part shall be severed from the remaining portions, provisions or parts of this Agreement and shall not affect the validity or enforceability of such remaining portions, provisions or
parts. 
 14. Entire Agreement. This Agreement between you and the Company is in consideration of the mutual promises described above.
This Agreement constitutes the entire agreement between you and the Company with respect to your retirement and related separation from employment. There are no other agreements, written or oral, expressed or implied, between the parties hereto,
concerning the subject matter hereof, except the agreements set forth in this Agreement. 
 15. Section 409A
Compliance. To the extent applicable, it is intended that this Agreement comply with the provisions of Section 409A of the Internal Revenue Code, and this Agreement shall be construed and applied in a manner consistent with this
intent. Notwithstanding any other provision herein to the contrary, to the extent that the reimbursement of any expenses or the provision of any in-kind benefits under this Agreement is subject to Code
Section 409A, (i) the amount of such expenses eligible for reimbursement, or in-kind benefits to be provided, during any one calendar year shall not affect the amount of such expenses eligible for
reimbursement, or in-kind benefits to be provided, in any other calendar year, (ii) reimbursement of any such expense shall be made by no later than December 31 of the year following the calendar
year in which such expense is incurred, and (iii) your right to receive such reimbursements or in-kind benefits shall not be subject to liquidation or exchange for another benefit. 

  
 - 4 - 

 16. Withholding. All payments made to you pursuant to this Agreement are subject to all
applicable federal, state and local tax and other withholdings required by law. You acknowledge and agree that all taxes imposed on you by reason of the payments and benefits hereunder are your sole responsibility and the Company is in no way
indemnifying you or holding you harmless in respect of any such taxes. The Company shall not be liable to you (or any other individual claiming a benefit through you) for any tax, interest, or penalties you may owe as a result of compensation paid
under this Agreement, and the Company shall have no obligation to indemnify or otherwise protect you from the obligation to pay any taxes. 
 17.
Headings. The headings used herein are for the convenience of reference only and do not constitute part of this Agreement. The headings shall not be deemed to limit or otherwise affect any of the provisions of this Agreement.

 18. Counterparts. This Agreement may be executed in one or more counterparts, including emailed or telecopied facsimiles, each of
which shall be deemed an original, but all of which together shall constitute one and the same instrument. 
 19. Company Cooperation. In
connection with any future disposition by you or any entity affiliated with you of any securities of the Company that bear a restrictive legend, the Company shall cause such legend to be removed and the Company shall cause to be issued a certificate
without such legend to the holder of the securities upon which it is stamped, if, unless otherwise required by state securities laws, the holder of such securities provides the Company with reasonable assurance that such securities can be sold,
assigned or transferred pursuant to Rule 144 under the Securities Act (“Rule 144”) (in which case, the Company shall facilitate the removal of the legend; provided, however, the Company shall not be required to furnish an opinion of
counsel to facilitate any sale, assignment or transfer pursuant to Rule 144 at any time that such securities are registered for resale under the Securities Act). 

  
 - 5 - 

 We wish you every success in your retirement. 

Sincerely, 
  

			
	Quotient Limited
		
	By:	 	 /s/ Franz Walt

	Name:	 	Franz Walt
	Title:	 	Chief Executive Officer

 By signing below, I acknowledge that I have been given the opportunity to review this Separation Agreement
carefully; that I have read this Agreement and understand the terms of the Agreement; and that I voluntarily agree to them. 
  

			
	ACCEPTED AND AGREED TO:
	
	 /s/ Christopher Lindop

	Christopher Lindop
		
	Date:	 	January 7, 2020

 ANNEX A 

RELEASE 
 A. I
acknowledge that on the terms and subject to the conditions set forth in the Transition, Separation & Consultancy Agreement, dated January 3, 2020 between Quotient Limited (the “Company”) and me (my “Transition,
Separation & Consultancy Agreement”), I am entitled to receive the Compensation Payment (as defined in my Transition, Separation & Consultancy Agreement) and certain other benefits to which I was not otherwise entitled. 

B. In consideration of the Company’s undertakings in my Transition, Separation & Consultancy Agreement, I do hereby release and
forever waive all rights I may have to assert claims arising on or prior to the date hereof or bring lawsuits with respect to any claims arising on or prior to the date hereof, against any one or more of the Company and its affiliates and each of
their respective officers, directors, agents employees, attorneys, and insurers, as well as past and present fiduciaries and administrators of any employee benefit plans sponsored by the Company (collectively, the “Releasees”)
including but not limited to: 
  

	 	•	 	 all claims arising out of or relating to my employment with or my separation and retirement from the Company and
its controlled affiliates including in respect of salary, bonus or other compensation, sick leave, paid time off, personal leave time, health and welfare or other benefit plans, and all other employment-related benefits, including any such claims
arising under any policies, practices or procedures of the Company or any of its controlled affiliates or based on a breach of any provision of an oral or written employment contract, whether such provision was expressed or implied;

  

	 	•	 	 all rights and claims that may be asserted under any federal, state or local constitution, law, regulation,
ordinance, executive order or common law, including without limitation, rights and claims that in any way relate to employment, discrimination or harassment in employment, termination of employment or retaliation including, but not limited to, those
claims under the Age Discrimination in Employment Act of 1967, as amended (including the Older Workers Benefit Protection Act), Title VII of the Civil Rights Act of 1964, as amended, the Civil Rights Act of 1991, the Equal Pay Act of 1963, as
amended, the Americans With Disabilities Act of 1990, the Family and Medical Leave Act of 1993, the Worker Adjustment Retraining and Notification Act, the Employee Retirement Income Security Act of 1974, as amended, the Consolidated Omnibus Budget
Reconciliation Act, 42 U.S.C. §§ 1981, 1983 and 1985, the Fair Labor Standards Act and all other similar federal, state, and local constitutions, laws, regulations, ordinances or executive orders, and common law, for the protection of
employees against discrimination or retaliation; 

  

	 	•	 	 all claims based on any federal, state or local constitution, law, regulation, or ordinance, or common law,
concerning wrongful discharge, constructive discharge, breach of contract, defamation, emotional distress, interference with contractual relationships, fraud, misrepresentation, discharge in violation of public policy and all other violations of
public policy; and 

  

	 	•	 	 all claims for costs, fees or other expenses, including attorneys’ fees, incurred in connection with any of
the foregoing. 

 All of the foregoing are collectively referred to in this Release as
“Claims.” The Claims that I am releasing do not however include my rights under the Transition, Separation & Consultancy Agreement. 

I represent and acknowledge that (a) I have not filed any complaint, charge, lawsuit or other legal action that is now pending against
the Company or any of its affiliates; (b) I have not suffered any work-related injury or illness for which I have not already filed a workers’ compensation claim; and (c) I acknowledge and agree that I have been properly provided any
leave of absence because of my or a family member’s health condition (if any), and that I have not been subjected to any improper treatment, conduct or actions due to or related to my request for, or my taking of, any leave of absence because
of my own or a family member’s health condition. 
 C. Also, in consideration of the Company’s undertakings under my Transition,
Separation & Consultancy Agreement including the Company’s agreement to pay the Compensation Payment, I agree and/or acknowledge as follows: 
  

	 	•	 	 This Release does not apply to claims filed under workers’ compensation laws or claims that cannot be
released by private agreement. This Release does not prevent me from filing a charge with, or participating in an investigation or proceeding conducted by, the Equal Employment Opportunity Commission or other federal, state, or local governmental
agency. However, I understand that this Release waives any right I may have to recover monetary damages, as well as any other individual relief, as a result of such a charge or a related lawsuit, whether filed by me or anyone else;

  

	 	•	 	 I understand nothing herein precludes me from exercising my Section 7 rights under the National Labor
Relations Act; 

  

	 	•	 	 I agree to pay any reasonable legal fees or costs incurred by the Company as a result of any breach of my
promises in this Release, including my promise to fully release the Releasees from all Claims and to compensate each Releasee for its legal costs, including attorneys’ fees incurred by such Releasee as a result of any breach of this Release,
except to the extent that I challenge the validity of this Release under the Age Discrimination in Employment Act, in which case such Releasee may only recover such fees and expenses as may be permitted by state and federal law.

  

	 	•	 	 Except to the extent that I am permitted to not disclose information provided to the Securities and Exchange
Commission (“SEC”) pursuant to Section 922 of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, 15 U.S.C. §78u-6 and SEC Regulation 21F promulgated thereunder,
or to other regulatory government agencies pursuant to similar whistleblower protection laws, I agree that as of the date set forth below, I have not reported information to the SEC concerning, and am not aware of, any securities law compliance
failure by the Company by any person that has not been reported in writing to the Company’s Board of Directors. 

 D.
This Release shall be governed by the laws of the State of Delaware and to the extent that any provision of this Release shall be invalid or unenforceable, the remainder of this Release shall not be affected. 

  
 - 8 - 

 E. By signing below, I acknowledge that: 

 

	1.	 I have carefully read this Release and its contents have been fully explained to me; 

 

	2.	 The Company gave me a copy of this Release and at least twenty-one
(21) days to consider this Release and its effect on me; 

  

	3.	 The Company informed me that this Release does not become binding upon me until seven (7) days after the
date on which I sign this Release and that I may revoke this Release at any time during such seven (7) day period by providing written notice of my desire to revoke the Release to: 

Quotient Limited 
 Business Park
Terre Bonne 
 Route de Crassier 13 

Eysins, 1262 
 Switzerland 

Attention: Franz Walt 
  

	4.	 I was advised by the Company before I signed this Release of my right to consult advisors, including attorneys,
about the contents of this Release; 

  

	5.	 After due consideration and consultation, I signed this Release voluntarily without duress; and

  

	6.	 By signing this Release, I understand that I do not waive any rights or claims that may arise after the date
the Release is executed. 

 I understand that this Release is effective seven (7) days after the date of my signature below. 

I have read, understood and agree to the foregoing: 
  

	
	 

             

	Christopher Lindop
	
	Date:                                     
                                         
                  

  
 - 9 -

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