EX-10.23
Kensington Capital Acquisition Corp. VI
February1,2026
RaffiFreeman
LetterofEmploymentviaElectronic mail to[***]
VIAELECTRONICMAILto
Re:OfferofEmployment
DearRaffi:
OnbehalfofNthCycle,Inc.(the“Company”)IampleasedtoofferyouemploymentinthepositionofChief FinancialOfficer,subjecttothetermsandconditionsbelow.
Thisletter outlines the terms of your employmentrelationship withtheCompany.Inaddition, andas an express materialcondition ofemployment, youmustreview, sign, and returntome the attachedProprietaryRights,Non-Disclosure, Developments, and Non-Solicitation Agreement (the “Proprietary Rights Agreement”).The Proprietary Rights Agreement contains very important terms and is a critical part of this offer of employment.
In this position, you will report to Dr. Megan O’Connor, CEOand Co-Founder.This position is a full-time regular position, andyour anticipatedstartdatewillbeFeb1st,2026(the“StartDate”).Your principal placeofwork being in Burlington, MA or such other location as the Company may direct based on need or business requirements.
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