SEC Contract Filing

Filing Date: 2022-05-09

Document Content:
<DOCUMENT>
<TYPE>EX-10.6
<SEQUENCE>6
<FILENAME>exhibit106.htm
<DESCRIPTION>EX-10.6
<TEXT>
<!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.01 Transitional//EN" "http://www.w3.org/TR/html4/loose.dtd"><html><head>
<!-- Document created using Wdesk -->
<!-- Copyright 2022 Workiva -->
<title>Document</title></head><body><div id="i2b2b2dc7c8684c829b2dc861b92b7d30_1"></div><div style="min-height:66.96pt;width:100%"><div style="text-align:right"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:700;line-height:100%">Exhibit 10.6</font></div></div><div style="margin-top:0.25pt"><font><br></font></div><div style="padding-left:7.2pt"><img alt="image_01a.jpg" src="image_01a.jpg" style="height:75px;margin-bottom:5pt;vertical-align:text-bottom;width:208px"></div><div><font><br></font></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:35.308%"><div><font><br></font></div><div><font><br></font></div><div><font><br></font></div></div><div style="display:inline-block;max-width:29.383%;min-width:28.383%;vertical-align:top"></div><div style="display:inline-block;vertical-align:top;width:35.309%"><div style="margin-top:0.15pt"><font><br></font></div><div style="padding-left:5pt"><font><br></font></div></div></div><div style="padding-left:306pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:100%">Mersana Therapeutics, Inc.<br>840 Memorial Dr.<br>Cambridge, MA 02139</font></div><div style="margin-top:0.45pt"><font><br></font></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:35.308%"><div style="padding-left:5pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:100%">June 15, 2021</font></div><div><font><br></font></div></div><div style="display:inline-block;max-width:29.383%;min-width:28.383%;vertical-align:top"></div><div style="display:inline-block;vertical-align:top;width:35.309%"><div><font><br></font></div></div></div><div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:700;line-height:100%;text-decoration:underline">VIA E-MAIL</font></div><div><font><br></font></div><div style="margin-top:4.5pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:100%">Tushar Misra</font></div><div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:100%">c&#47;o Mersana Therapeutics, Inc. <br>840 Memorial Drive<br>Cambridge, MA 02139</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:100%">Dear Tushar&#58;</font></div><div style="padding-left:5pt;padding-right:5.85pt;text-align:justify;text-indent:35.95pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:100%">I am pleased to offer you the position of SVP and Chief Manufacturing Officer of Mersana Therapeutics, Inc. (the &#8220;Company&#8221;), and present you with the terms and conditions of your employment by the Company, as set forth in this letter agreement (this &#8220;Agreement&#8221;).</font></div><div style="margin-top:0.5pt"><font><br></font></div><div style="margin-top:0.05pt;padding-left:5pt;padding-right:5.6pt;text-align:justify;text-indent:35.95pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:100%">1.</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:100%;padding-left:22.05pt;text-decoration:underline">Position</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:100%">. Your position will be SVP and Chief Manufacturing Officer, reporting to President &#38; Chief Executive Officer. In addition to performing duties and responsibilities associated with the position of SVP and Chief Manufacturing Officer, from time to time the Company may assign you other duties and responsibilities consistent with such position. As a full- time employee of the Company, you will be expected to devote your full business time and energies to the business and affairs of the Company. Your performance will be reviewed on an annual basis.</font></div><div style="margin-top:0.45pt"><font><br></font></div><div style="margin-top:0.05pt;padding-left:5pt;padding-right:5.75pt;text-align:justify;text-indent:35.95pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:100%">2.</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:100%;padding-left:22.05pt;text-decoration:underline">Start Date and Nature of Relationship</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:100%">. Your start date is expected to be on or before Monday, August 2, 2021. Your employment with the Company will be for no specified period and will constitute &#8220;at-will&#8221; employment. As a result, either you or the Company may terminate your employment relationship at any time and for any reason. No provision of this Agreement shall be construed to create an express or implied employment contract between you and the Company for any specific period of time.</font></div><div style="margin-top:0.5pt"><font><br></font></div><div style="padding-left:77pt;text-indent:-36.05pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:100%">3.</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:100%;padding-left:27.05pt;text-decoration:underline">Compensat