EXHIBIT 10.5
Conexeu Sciences Inc.
Conexeu Sciences Inc.: Exhibit 10.5 - Filed by newsfilecorp.com
CONEXEU SCIENCES BOARD COMPENSATION NOTICE Effective June 15, 2026
Dear Jeff Sharpe,
On behalf of Conexeu Sciences, Inc., I am pleased to confirm the updated terms of your compensation as a member of the Board of Directors, effective June 15, 2026.
1. Board Role
Name: Jeff Sharpe
Role: Chairman of the Board of Directors
Effective Date: June 15, 2026
2. Committee Assignments
As Board Chairman, you serve on all committees in an ex officio advisory capacity. Committee-specific fees do not apply to the Board Chair role.
3. Annual Compensation
Compensation Element
Annual Amount
Payment
Base Board Retainer
$50,000
Quarterly in arrears
Board Chair Premium
$50,000
Quarterly in arrears
Annual RSU Grant
$150,000
Annually on June 15
TOTAL ANNUAL COMPENSATION
$250,000
Total Annual Compensation (cash + equity): $250,000
4. Annual Equity Grant
…