SEC Contract Filing

Filing Date: 2019-08-08

Document Content:
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<TYPE>EX-10.1
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<DESCRIPTION>EX-10.1
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B>Exhibit 10.1 </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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 </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B><U>STRATEGIC SERVICES AGREEMENT </U></B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">This, the <B>&#147;</B><U>Strategic Services Agreement</U><B>&#148;</B>, is made on this 6th day of August, 2019, to be effective the 12th day
of August, 2019 (the &#147;<U>Effective Date</U>&#148;), by and between<B>&nbsp;GigCapital2, Inc.</B>&nbsp;whose current address is&nbsp;2479 East Bayshore Road Ste. 200, Palo Alto, CA 94303&nbsp;(the &#147;<U>Company</U>&#148;),
and<B>&nbsp;Walter</B> <B>Bradford Weightman</B>,<B> </B>hereinafter referred to as the &#147;<U>Strategic Consultant</U>&#148;, which expression shall unless it be repugnant to the context or meaning thereof, deemed to mean and include his heirs,
legal representatives, liquidators, executors, successors and assigns. The Company and Strategic Consultant are hereinafter referred to singly as a &#147;<U>Party</U>&#148; and together as the &#147;<U>Parties</U>&#148;. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman"><B>WHEREAS,</B>&nbsp;the Strategic Consultant is being appointed by the Company to offer certain professional services as per requirement of
the Company, on the terms and conditions as set forth below: </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman"><B>NOW, THEREFORE,</B>&nbsp;in consideration of the mutual covenants as set
forth herein and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties agree as follows: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD WIDTH="5%" VALIGN="top" ALIGN="left"><B>1</B></TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left"><B>Services </B></P></TD></TR></TABLE>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; font-size:10pt; font-family:Times New Roman">The Strategic Consultant shall be appointed by the Company in the capacity of<B>&nbsp;&#147;Vice President and Chief Financial
Officer&#148;</B><B></B>&nbsp;to render professional services as requested by the Company from time to time, in areas related to the benefit of the business of the Company. The appointment is effective as of the Effective Date. </P>
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<TD WIDTH="5%" VALIGN="top" ALIGN="left"><B>2</B></TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left"><B>Term </B></P></TD></TR></TABLE>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; font-size:10pt; font-family:Times New Roman">The term of the Agreement shall be for a period of<B><U>&nbsp;1 YEAR</U></B><B></B>&nbsp;commencing on the Effective Date unless terminated
earlier by either side pursuant to Section&nbsp;3 below. The Company may renew the Agreement at its sole discretion. During the term of the Agreement, the Strategic Consultant shall report to Dr.&nbsp;Raluca Dinu, the President and Chief Executive
Officer of the Company. </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD WIDTH="5%" VALIGN="top" ALIGN="left"><B>3</B></TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left"><B>Termination </B></P></TD></TR></TABLE>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; font-size:10pt; font-family:Times New Roman">The Company or the Strategic Consultant may terminate this Agreement by giving<B><U>&nbsp;15 DAYS&#146;</U></B><B></B>&nbsp;written notice to
the other Party; provided that either Party may terminate this Agreement immediately upon written notice to the other Party in the event of a material breach of this Agreement by such other Party. Upon such termination, the obligations of both
Parties shall come to an end (except those obligations that expressly survive the termination of this Agreement) and the Strategic Consultant shall immediately hand over to the Company, all documents, papers, data, confidential information or any
other information obtained by him during the course of the Agreement and shall fully <FONT STYLE="white-space:nowrap">co-operate</FONT> with the Company to ensure a smooth and orderly transition of information, data and records to the Company. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; font-size:10pt; font-family:Times New Roman">The Company shall be relieved of any obligation to pay the Strategic Consultant for any services except for