SEC Contract Filing

Filing Date: 2020-08-05

Document Content:
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<TYPE>EX-10.2
<SEQUENCE>2
<FILENAME>srpt-ex102_97.htm
<DESCRIPTION>EX-10.2
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<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;">&nbsp;</p>
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<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;font-family:Times New Roman;font-size:12pt;font-style:normal;text-transform:none;font-variant: normal;"><font style="text-decoration:underline;">SEPARATION AGREEMENT AND GENERAL RELEASE</font></p>
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<p style="margin-bottom:0pt;margin-top:0pt;text-indent:7.94%;font-family:Times New Roman;font-size:12pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">This Separation Agreement and General Release (the &#8220;Agreement&#8221;) by and between Sandesh Mahatme (&#8220;Employee&#8221;) and Sarepta Therapeutics, Inc. (the &#8220;Company&#8221; or &#8220;Sarepta&#8221;), is made effective as of the date following Employee&#8217;s signature and the expiration of the seven (7) day revocation period without revocation (the &#8220;Effective Date&#8221;) with reference to the following facts: </p>
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<p style="text-align:left;margin-bottom:0pt;margin-top:0pt;font-size:12pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><font style="font-size:12pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">A.</font></p></td>
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<p style="text-align:left;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Times New Roman;font-size:12pt;">Employee has been employed by the Company in the capacity of Chief Financial Officer. </p></td></tr></table></div>
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<p style="text-align:left;margin-top:12pt;margin-bottom:0pt;font-size:12pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><font style="font-size:12pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">B.</font></p></td>
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<p style="text-align:left;margin-top:12pt;margin-bottom:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Times New Roman;font-size:12pt;">Employee desires to retire from the Company in order to pursue other opportunities and objectives;</p></td></tr></table></div>
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<p style="text-align:left;margin-top:12pt;margin-bottom:0pt;font-size:12pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><font style="font-size:12pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">C.</font></p></td>
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<p style="text-align:left;margin-top:12pt;margin-bottom:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Times New Roman;font-size:12pt;">Employee tendered his resignation on June 26, 2020, with an effective date of July 10, 2020 (the &#8220;Separation Date&#8221;);</p></td></tr></table></div>
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<p style="text-align:left;margin-top:12pt;margin-bottom:0pt;font-size:12pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><font style="font-size:12pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">D.</font></p></td>
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