SEC Contract Filing

Filing Date: 2022-01-18

Document Content:
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<TYPE>EX-10.1
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<DESCRIPTION>EXHIBIT 10.1
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 <div style="text-align: right;"><font style="font-weight: bold; font-family: 'Times New Roman';">Exhibit 10.1</font><font style="font-family: 'Times New Roman';"><br>
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 <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">January 12, 2022</div>
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 <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Mark Thorpe</div>
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 <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Dear Mark:</div>
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 <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">On behalf of Eargo, Inc., (<font style="font-size: 10pt; font-weight: bold;">the &#8220;Company&#8221;)</font><font style="font-size: 10pt;">,</font> and following the approval of the
 Company&#8217;s Board of Directors, we are pleased to offer you a new position within the Company as Chief Accounting Officer (CAO)<font style="font-size: 10pt;">,</font><font style="font-size: 10pt; font-weight: bold;">&#160;</font>effective January 16, 2022<font style="font-size: 10pt; font-weight: bold;">. </font> The details and terms associated with the new position are listed below:</div>
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 <div style="text-align: left; font-size: 10pt; font-weight: bold;">Job Title:</div>
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 <div style="text-align: left; font-size: 10pt;">Chief Accounting Officer (CAO)</div>
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 <div style="text-align: left; font-size: 10pt; font-weight: bold;">Department:</div>
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 <div style="text-align: left; font-size: 10pt;">G&amp;A Accounting</div>
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 <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Reports into</font><font style="font-family: 'Times New Roman';">:</font></div>
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 <div style="text-align: left; font-size: 10pt;">Chief Financial Officer</div>
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 <div style="text-align: left; font-size: 10pt;">Annual salary of $295,000 that will be paid semi-monthly in accordance with the Company&#8217;s normal payroll procedures.</div>
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 <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Incentive/</font></div>
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