Exhibit 10.2
September 26, 2023
Jonathan Freve
[Address Omitted]
Re: Retention Compensation
Dear Jon:
As you know, Galecto, Inc. (or its affiliate as applicable, the “Company”) greatly appreciates your efforts and hopes to continue working with you in the future. In order to encourage your continued efforts for the Company, the Company is offering you the opportunity to receive retention compensation as specified below, subject to this “Agreement”:
2
The Company hopes that this letter encourages your continued effective commitment to the Company.
Sincerely,
/s/ Hans T. Schambye
Hans T. Schambye
President and CEO
Accepted and Agreed:
/s/ Jonathan Freve 26 September 2023
Jonathan Freve Date
3