EX-10.1
EX-10.1
Kyntra Bio, Inc. Non-Employee Director Compensation Policy
This Non-Employee Director Compensation Policy (the “Policy”) documents the terms and conditions of the cash and equity compensation that non-employee members of the Board of Directors (the “Board”) of Kyntra Bio, Inc. (“Kyntra Bio”) may earn for their service on the Board from and after the initial public offering of the common stock of Kyntra Bio.
Eligible Directors
Only members of the Board who are not concurrently employees of Kyntra Bio are eligible for compensation under this Policy (each such member, a “Director”). Any director may also decline compensation per policy of their affiliated entity or for any other reason prior to the start of the period of service to which the compensation relates.
Annual Cash Compensation
The annual cash compensation set forth below is payable in equal quarterly installments, in arrears, on the last day of each quarter in which the service occurred, pro-rated for any partial quarters of service. All annual cash fees are vested upon payment.
- Annual Board Service Retainer:
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