Exhibit 10.1
PARAGON 28, INC.
EMPLOYMENT AGREEMENT
This Employment Agreement (the “Agreement”), entered into as of July 27, 2023, is between Paragon 28, Inc., a Delaware corporation (the “Company”) and Robert McCormack (“Executive” and, together with the Company, the “Parties”).
WHEREAS, the Company desires to assure itself of the services of Executive effective as of August 14, 2023 (such date Executive actually commences services, the “Effective Date”) by engaging Executive to perform services under the terms hereof; and
WHEREAS, Executive desires to provide services to the Company commencing on the Effective Date on the terms herein provided.
NOW, THEREFORE, in consideration of the foregoing, and for other good and valuable consideration, including the respective covenants and agreements set forth below, the receipt and sufficiency of which are hereby acknowledged, the Parties hereto agree as follows:
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
[Signature Page Follows]
The Parties have executed this Agreement as of the date set forth in the Agreement.
PARAGON 28, INC.
By: /s/ Albert DaCosta
Name: Albert DaCosta
Title: Chairman and CEO
EXECUTIVE
By: /s/ Robert McCormack
Name: Robert McCormack
Address:
16
17
Exhibit A
Affiliations
1
Exhibit B
RELEASE OF CLAIMS
This Release of Claims (“Release”) is entered into as of _________________, 20__, between Robert McCormack (“Executive”) and Paragon 28, Inc. (the “Company”) (collectively referred to herein as the “Parties”), effective [eight days after]OR[as of] Executive’s signature hereto (the “Effective Date”), unless Executive revokes his acceptance of this Release as provided in Paragraph 2(c), below. This Agreement is being executed in connection with the terms of the Employment Agreement by and between the Parties dated as of [___], 2023 (the “Employment Agreement”), which is incorporated herein by reference.
1
2
3
4
5
IN WITNESS WHEREOF, and intending to be legally bound, the Parties have executed the foregoing on the dates shown below.
EXECUTIVE PARAGON 28, INC.
__________________________ __________________________
Robert McCormack By:
Title:
Date: ______________________ Date: _____________________
6