Item 5.02 Departure of Directors or Certain Officers; Election of Directors;


          Appointment of Certain Officers; Compensatory Arrangements of Certain
          Officers.



On September 6, 2022, the Board of Directors of Quanterix Corporation (the "Company") appointed Daniel Pikora as the Company's Chief Operating Officer. Mr. Pikora, age 47, joined the Company in May 2022 as Executive Vice President, Research Business. Prior to joining Quanterix, Mr. Pikora served as President of Herley Industries Inc., part of Ultra Electronics Holdings PLC, from October 2017 to May 2022. Prior to that he served as Senior Product Line Manager at Raytheon from 2016 to 2017, and Senior Program Manager at BAE Systems Inc. from 2012 to 2016.

Under the terms of the employment agreement dated March 28, 2022, between Mr. Pikora and the Company (the "Employment Agreement"), he receives an annual base salary of $415,000. Mr. Pikora will be eligible to receive an annual performance bonus beginning with the Company's 2022 performance year with a bonus target of up to $249,000. He also received an initial equity award consisting of 51,300 restricted stock units (the "Initial Equity Award"). The Initial Equity Award vests over three years, with 33% vesting on each of May 2, 2023 and May 2, 2024 and 34% vesting on May 2, 2025. Mr. Pikora also received a sign-on cash payment of $500,000, 50% of which must be repaid if he voluntarily terminates his employment before May 2, 2023. He is also eligible to receive an annual equity grant as part of the Company's next long-term equity award cycle, with a target grant date fair value of up to $650,000.

If Mr. Pikora's employment is terminated by the Company without cause or he resigns for good reason, he will receive continued payment of his base salary for six months (the "Severance Period"), payment of a pro-rated amount of his annual target bonus for the year of termination, acceleration of the unvested portion of the Initial Equity Award that would have vested on May 2, 2023, and health benefits continuation during the Severance Period. If his employment is terminated by the Company without cause or he resigns for good reason within 90 days prior to or twelve months following a change-in-control, all of his unvested Initial Equity Award will become fully vested. Receipt of the foregoing termination benefits will be subject to Mr. Pikora's execution of a separation agreement, including certain restrictive covenants and a general release of all claims, in a form acceptable to the Company.

The foregoing description of the principal terms of the Employment Agreement is qualified in its entirety by reference to the Employment Agreement, a copy of which is attached as Exhibit 10.1 and incorporated by reference herein.

Item 9.01 Financial Statements and Exhibits.






(d) Exhibits



Exhibit
  No.      Description
  10.1       Employment Agreement, dated March 28, 2022, by and between the
           Company and Dan Pikora
104        Cover Page Interactive Data File (embedded within the inline XBRL
           document)

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