Start Date. The Company shall continue to employ you, and you shall continue to serve the Company, on the terms and conditions set forth in this Agreement. Your employment with the Company initially commenced on ​ (the “Start Date”). From and after the Effective Date, you will continue to carry out your day-to-day activities hereunder in an office of the Company located in the Philadelphia area.

Start Date. Your employment will begin on ​ (the “Start Date”).

Your employment as Executive Chairman will commence on ​ (herein called “Start Date”).

Maximum number of shares for

Maximum number of shares for which this Option is exercisable:

APOLLO shall provide all services reasonably necessary or appropriate for ANGELL to commence an electricity wholesale trading operation, including qualifying for trading in markets administered by Regional Transmission Organizations, Independent System Operators and other market exchanges, as requested by ANGELL. APOLLO shall not be responsible for, or have any control over, any of ANGELL's trading or business activities, which shall be solely the responsibility of ANGELL. Without limiting the generality of the foregoing, APOLLO shall not provide any direction or advice with respect to trading strategies, techniques or individual trades and ANGELL shall be solely responsible for trading gains and losses and compliance with all laws, regulations and policies of FERC, trading markets, and all governmental authorities.

Position and Duties; Board Membership; Start Date. You will serve as the President and Chief Executive Officer (“CEO”) of the Company. In this capacity, you will have control over and responsibility for the day-to-day business and affairs of the Company and the authority and duties customarily assigned to the President and CEO roles, as well as such other duties and responsibilities as may from time to time be prescribed by the Board of Directors (the “Board”). You will serve on the Board as long as you are President and CEO of the Company and will resign upon the termination of your employment for any reason. You will start working full-time at Proteostasis as President and CEO no later than ​ (the date you commence employment with the Company is herein referred to as your “Start Date”).

related Calculation Period Start Date to but excluding the Maturity Date), and # for purposes of calculating the fees of the Collateral Agent, the Securities Intermediary and the Collateral Administrator, the period from and including the Effective Date to but excluding the first Calculation Period Start Date following the Effective Date and each successive quarterly period from and including a Calculation Period Start Date to but excluding the immediately succeeding Calculation Period Start Date (or, in the case of the last Calculation Period, if the last Calculation Period does not end on the fifth calendar day of February, May, August and November of each year, the period from and including the related Calculation Period Start Date to but excluding the Maturity Date).

The Amortization Start Date and the projected final maturity date are based on the Closing date of ​. The Company has confirmed the Project is completed and the Amortization Start Date commences on the date hereof.

Vesting Start Date: