SEC Contract Filing

Filing Date: 2022-01-24

Document Content:
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<TYPE>EX-10.9
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<FILENAME>d243622dex109.htm
<DESCRIPTION>EX-10.9
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B><I>Exhibit 10.9 </I></B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>PERSONAL&nbsp;&amp; CONFIDENTIAL </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right">January&nbsp;23, 2022 </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Hanjoon Alex Kim </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">[***] </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Re: Offer of Employment with Fluidigm Corporation
</B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Dear Alex, </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">We are pleased to offer you employment with
Fluidigm Corporation (the &#147;<B>Company</B>&#148;), effective on or about the closing (the &#147;<B>Closing</B>,&#148; and the date of Closing, the &#147;<B>Closing Date</B>&#148;) of that certain private placement of convertible preferred stock
(the &#147;<B>Transaction</B>&#148;) of the Company to Casdin Capital, LLC and/or one or more of its affiliates and Viking Global Investors LP and/or one or more of its affiliates, or as otherwise agreed between you and the Company (the
<B>&#147;Effective Date</B>&#148;). The terms of your employment will be governed by the terms and conditions described herein. This offer is contingent upon the consummation of the Transaction. If the Transaction does not occur, this offer is null
and void ab initio. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">The following is a summary of your position, compensation, and benefits to be associated with your employment with the Company as of
the Effective Date. Capitalized terms not defined herein will have the meanings set forth in the Severance Plan (as defined below). </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD VALIGN="top"><B>Position:</B></TD>
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<TD VALIGN="top">Chief Operating Officer.</TD></TR>
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<TD VALIGN="top"><B>Reporting Line:</B></TD>
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<TD VALIGN="top">Chief Executive Officer.</TD></TR>
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<TD VALIGN="top"><B>Work Location:</B></TD>
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<TD VALIGN="top">For an initial period of time, you will work remotely from your home in Greer, SC, with required business travel as appropriate and expected for your role. You and the Company shall mutually agree on the timing of relocating your
residence to Boston, Massachusetts, anticipated before the first anniversary of the Effective Date. Boston, Massachusetts will then be your expected primary location of work. In connection with such relocation, the Company shall provide Executive
with an executive-level relocation package to include, without limitation, reimbursement on an <FONT STYLE="white-space:nowrap">after-tax</FONT> basis for temporary living, moving of household goods, closing costs, brokers fees on the sale of
Executive&#146;s current primary residence and other expenses normally included in an executive-level relocation package, up to a maximum aggregate reimbursement of $150,000, grossed up for any applicable taxes. Any reimbursements payable to you are
subject to the provisions of Section&nbsp;409A of the Internal Revenue Code of 1986, as amended, any such reimbursements will be paid no later than December&nbsp;31 of the year following the year in which the expense was incurred, the amount of
expenses reimbursed in one year will not affect the amount eligible for reimbursement in any subsequent year, and the right to reimbursement will not be subject to liquidation or exchange for another benefit.</TD></TR>
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<TD VALIGN="top"><B>Base Salary:</B></TD>
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<TD VALIGN="top">The annual base salary payable to you will be $400,000 (&#147;<B>Base Salary</B>&#148;), payable in substantially equal installments on a regular basis in accordance with the Company&#146;s standard payroll procedures. Your Base
Salary may be subject to annual review and adjustment, as determined by the Company&#146;s board of directors or its delegate (the &#147;<B>Committee</B>&#148;) in its sole discretion.</TD></TR></TABLE>
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