Exhibit 10.2
April 17, 2024
Thomas McLain
Dear Tom:
As we have discussed, your employment with Renalytix AI, Inc. (the “Company”) is coming to an end, effective as of April 30, 2024 (the “Separation Date”). The purpose of this letter agreement (this “Agreement”) is to confirm the terms concerning your transition from employment. Capitalized terms not defined in this Agreement will have the respective meanings ascribed to them in the Employment Agreement by and between you and the Company, dated as of June 1, 2019 (the “Employment Agreement”).
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If the terms of this Agreement are acceptable to you, please sign, date and return it to me within twenty-one (21) days of the date you receive it. You may revoke this Agreement at any time during the seven (7)-day period immediately following the date of your signing by notifying me in writing of your revocation within that period. If the seventh day falls on a weekend or federal holiday, then you will have until the next business day to revoke this Agreement. If you do not timely revoke this Agreement, then, this Agreement shall take effect as a legally binding agreement between you and the Company on the basis set forth above.
Sincerely,
Renalytix AI, Inc.
By: /s/ James Sterling
Name: James Sterling
Title: Chief Financial Officer
Accepted and agreed:
Signature: /s/ Thomas McLain
Thomas McLain
Date: April 17, 2024
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