Exhibit 10.1
Execution Copy
ProKidney, llc
SEPARATION AGREEMENT AND RELEASE
This Separation Agreement and Release (this “Agreement”) dated as of March 13, 2024 is entered into by and between ProKidney, LLC, a Delaware limited liability company, (the "Company") and Deepak Jain (“Executive”).
WHEREAS, Executive and the Company entered into an employment agreement dated as of December 2, 2022, (the “Employment Agreement”) pursuant to which Executive served as Chief Operating Officer of ProKidney Corp., its affiliates and each of their respective direct and indirect subsidiaries (collectively with ProKidney Corp., the “Company Group”).
WHEREAS, Executive’s employment with the Company terminated effective as of the close of business on November 28 2023 (the “Separation Date”).
NOW THEREFORE, in consideration of the promises and the respective covenants and agreements of the Parties herein set forth, the legal sufficiency of which is hereby acknowledged, intending to be legally bound, the Company and Executive agree as follows:
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[Signature Page Follows]
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IN WITNESS WHEREOF, Employee and a duly authorized representative of the Company have executed this Agreement on the dates set forth below.
PROKIDNEY, LLC
By: /s/ Bruce Culleton, M.D. Date: March 13, 2024
Bruce Culleton, M.D.
Chief Executive Officer
Agreed to and Accepted:
/s/ Deepak Jain Date: March 13, 2024
Deepak Jain
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