Exhibit 10.3
RELAY THERAPEUTICS, INC.
RETENTION AWARD AGREEMENT
This Retention Bonus Award Agreement (this “Agreement”) is made and entered into on August 3, 2023 (the “Effective Date”), between Relay Therapeutics, Inc. (the “Company”) and Peter Rahmer (“Employee”).
WHEREAS, Employee occupies a key position with the Company and in order to ensure the continued effective conduct of the Company’s business, the Company desires to assure itself of the continuous services of Employee; and
WHEREAS, the Company desires to offer Employee a retention bonus award to incentivize Employee to remain employed with the Company.
NOW, THEREFORE, in consideration of the mutual covenants and agreements contained herein, the parties hereby agree as follows:
Payment of any Retention Award will be made by the Company in the next payroll after the applicable Milestone Date.
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IN WITNESS WHEREOF, the parties have executed this Agreement as of the date first above written.
Relay Therapeutics, Inc. Peter Rahmer
By: /s/ Sanjiv K. Patel_________ /s/ Peter Rahmer__________
Name: Sanjiv K. Patel Signed Name
Title: President & CEO
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