SEC Contract Filing

Filing Date: 2020-11-05

Document Content:
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<TYPE>EX-10.1
<SEQUENCE>2
<FILENAME>kymr-ex101_540.htm
<DESCRIPTION>EX-10.1
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<p style="text-align:right;margin-bottom:12pt;margin-top:0pt;text-indent:0%;font-weight:bold;font-size:12pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Exhibit 10.1</p>
<p style="margin-bottom:12pt;text-align:center;margin-top:0pt;text-indent:0%;font-weight:bold;font-size:15pt;font-variant: small-caps;font-family:Times New Roman;font-style:normal;text-transform:none;"><a name="_Hlk40452154"></a>KYMERA THERAPEUTICS, INC.</p>
<p style="text-align:center;margin-bottom:24pt;margin-top:0pt;text-indent:0%;font-weight:bold;font-size:15pt;font-variant: small-caps;font-family:Times New Roman;font-style:normal;text-transform:none;">AMENDED AND RESTATED </p>
<p style="text-align:center;margin-bottom:24pt;margin-top:0pt;text-indent:0%;font-weight:bold;font-size:15pt;font-variant: small-caps;font-family:Times New Roman;font-style:normal;text-transform:none;">2020 EMPLOYEE STOCK PURCHASE PLAN</p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:7.69%;font-size:12pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The purpose of the Kymera Therapeutics, Inc. Amended and Restated 2020 Employee Stock Purchase Plan (the &#8220;Plan&#8221;) is to provide eligible employees of Kymera Therapeutics, Inc. (the &#8220;Company&#8221;) and each Designated Subsidiary (as defined in Section 11) with opportunities to purchase shares of the Company&#8217;s common stock, par value $0.0001 per share (the &#8220;Common Stock&#8221;).&nbsp;&nbsp;An aggregate of 445,653 shares of Common Stock have been approved and reserved for this purpose, plus on January 1, 2021, and each January 1 thereafter through January 1, 2030, the number of shares of Common Stock reserved and available for issuance under the Plan shall be cumulatively increased by the least of (i) one percent (1%) of the number of shares of Common Stock issued and outstanding on the immediately preceding December 31st, (ii) 438,898 shares of Common Stock, or (iii) such number of shares of Common Stock as determined by the Administrator.&nbsp;&nbsp;The Plan is intended to constitute an &#8220;employee stock purchase plan&#8221; within the meaning of Section 423(b) of the Internal Revenue Code of 1986, as amended (the &#8220;Code&#8221;), and shall be interpreted in accordance with that intent.</p>
<p style="margin-top:10pt;margin-bottom:0pt;text-indent:7.69%;font-size:12pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><a name="_AEIOULastRenderedPageBreakAEIOU2"></a>1.<font style="margin-left:36pt;"></font><font style="text-decoration:underline;">Administration</font>.&nbsp;&nbsp;The Plan will be administered by the person or persons (the &#8220;Administrator&#8221;) appointed by the Company&#8217;s Board of Directors (the &#8220;Board&#8221;) for such purpose.&nbsp;&nbsp;The Administrator has authority at any time to: (i) adopt, alter and repeal such rules, guidelines and practices for the administration of the Plan and for its own acts and proceedings as it shall deem advisable; (ii) interpret the terms and provisions of the Plan; (iii) make all determinations it deems advisable for the administration of the Plan; (iv) decide all disputes </p>
<p style="margin-top:12pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;">&nbsp;</p>
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<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;">&nbsp;</p>
<p style="margin-top:10pt;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;">arising in connection with the Plan; and (v) otherwise supervise the administration of the Plan.&nbsp;&nbsp;All interpretations and decisions of the Administrator shall be binding on all persons, including the Company and the Participants.&nbsp;&nbsp;No member of the Board or individual exercising administrative authority with respect to the Plan shall be liable for any action or determination made in good faith with respect to the Plan or any option granted hereunder.</font></p>
<p style="margin-top:10pt;margin-bottom:0pt;text-indent:7.69%;font-size:12pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">2.<font style="margin-left:36pt;"></font><font style="text-decoration:underline;">Offerings</font>.&nbsp;&nbsp;The Company may make one or more offerings to eligible employees to purchase Common Stock under the Plan (&#8220;Offerings&#8221;).&nbsp;&nbsp;Unless otherwise determined by the Administrator, an Offering will begin on the first business day occurring on or after each June 1 and December 1 and will end on the last business day occurring on or before the following November 30 and May 31, respectively.&nbsp;&nbsp;The Administrator may, in its discretion, designate a different period for any Offering, provided that no Offering shall exceed six months in duration or overlap any other Offering.</p>
<p style="margin-top:10pt;margin-bottom:0pt;text-indent:7.69%;font-size:12pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><a name="_AEIOULastRenderedPageBreakAEIOU3"></a>3.<font style="margin-left:36pt;"></font><font style="text-decoration:underline;">Eligibility</font>.&nbsp;&nbsp;All individuals classified as employees on the payroll records of the Company and each Designated