Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On January 13, 2020 Adaptimmune Therapeutics plc (the "Company") announced the appointment of Elliot Norry as Senior Vice President ("SVP") and Chief Medical Officer effective as of January 13, 2020 and additional changes to its R&D leadership.

On January 13, 2020, Dr. Norry entered into an employment agreement (the "Employment Agreement") with the Company's U.S. subsidiary, Adaptimmune LLC (the "Employer"). Under the terms of the Employment Agreement, effective January 13, 2020, Dr. Norry will receive an annual base salary of $390,000, which may be modified by the Employer in its sole discretion. In addition to the base salary, Dr. Norry will be eligible to receive an annual discretionary bonus following the end of each calendar year that ends during his employment period when he serves as SVP and Chief Medical Officer ("Annual Bonus"), subject to: (i) objective criteria set forth by the Board or an authorized delegate thereof on an annual basis; and (ii) the overall performance of the Company. The initial target Annual Bonus effective from January 13, 2020 will be thirty percent of Dr. Norry's base salary. The Annual Bonus payment will be pro-rated for any partial year of service.

Dr. Norry will also be eligible to participate in the equity plans sponsored and/or maintained by the Company and its affiliates from time to time, in accordance with the terms of any such plans, at the sole and absolute discretion of the Company and the Board or the remuneration committee. On such date as the Board or the remuneration committee may determine and subject to the rules of the relevant equity plan and any applicable legal or regulatory requirements, Dr. Norry will be awarded 100,800 market value options to acquire ordinary shares in the Company and 67,800 RSU-style options to acquire ordinary shares in the Company on the condition that, at the time of the award of such stock options, Dr. Norry continues to serve as the Company's SVP and Chief Medical Officer and remains employed by the Company and is not under notice of termination (given or received). The options will vest over a period of four years from the date of grant. The market value options will have an exercise price per ordinary share of not less than one sixth of the closing trading price of the Company's American Depositary Shares on the last business day prior to the date of grant, translated from USD to GBP, and the RSU-style options will have an exercise price of £0.001 per ordinary share. Dr. Norry will also be entitled to additional employee benefits.

The Company may terminate Dr. Norry's employment with or without cause and without notice, but Dr. Norry is required to provide at least 30 days' advance written notice to the Company in order to terminate his employment. Dr. Norry will be entitled to payments under the Company's SVP severance policy in the event of a termination by the Company without cause or a resignation by Dr. Norry for good reason without a change of control and upon a change of control. The Employment Agreement also contains non-solicitation and non-competition provisions for a six month period as well as standard confidentiality provisions.

The foregoing summary of the Employment Agreement is qualified in its entirety by reference to the complete text of the Employment Agreement, a copy of which is filed as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated herein by reference. The SVP severance policy is filed as Exhibit 10.2 to this Current Report on Form 8-K and is incorporated herein by reference.




 Item 8.01 Other Events



On January 13, 2020 the Company issued a press release announcing the appointment of Dr. Norry and additional changes to its R&D leadership. The press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated by reference herein.

Item 9.01 Financial Statements and Exhibits.






(d) Exhibits.



Exhibit No.                           Description of Exhibit

   10.1         Employment Agreement dated as of January 13, 2020 by and between
              Adaptimmune, LLC and Elliot Norry
   10.2         Senior Vice President Severance Policy dated December 4, 2019
   99.1         Press release dated January 13, 2020
    104       Cover Page lnteractive Data File (embedded within the Inline XBRL
              document).

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