April 9, 2025
Chris M. Storgard, MD
Re: Employment Terms
Dear Dr. Storgard:
Design Therapeutics, Inc. (the “Company”) is pleased to offer you at-will employment in the position of Chief Medical Officer on the terms set forth below.
You will perform such duties as are customarily associated with your position and such other duties as are assigned to you by Pratik Shah, PhD (the Company’s President, Chief Executive Officer and Chairperson), to whom you will report. You will work at our facilities located in San Diego County with your initial primary employment location at 6005 Hidden Valley Road, Suite 110, Carlsbad, CA 92011. Of course, the Company may change your position, duties, and work location from time to time in its discretion.
Your base salary will be $40,833.33 per month (or $490,000 on an annualized basis), less payroll deductions and all required withholdings, paid on the Company’s normally payroll schedule (currently semi-monthly). You will also receive a one-time signing bonus in the amount of $30,000, less payroll deductions and all required withholdings, to be paid in connection with the Company’s normal payroll period within the first month following your Start Date (as defined below).
Commencing with the first day of the calendar month following the date you start employment with the Company, you will be eligible for standard Company benefits, including medical, dental and vision insurance benefits, pursuant to the terms and conditions of the benefit plans and applicable Company policies. The Company may change compensation and benefits from time to time in its discretion.
You may be entitled to a discretionary bonus during each calendar year of employment with the Company. Your target bonus opportunity will be 40% of your annual base salary, pro-rated for a partial period of employment with the Company of less than 12 months during a calendar year (e.g., any discretionary bonus for performance during 2025 will be pro-rated commencing with your Start Date (as defined below). Actual payout, if any, will be determined at the end of each calendar year based on achievement of certain company and individual performance criteria established by the Company in its sole discretion. The Company's determination regarding your bonus is final and binding. To earn a bonus for any year, you must be employed by the Company on the date the bonus is paid.
Subject to approval by the Company’s Board of Directors (the “Board”), and pursuant to the Company’s 2021 Equity Incentive Plan (the “Plan”), the Company anticipates granting you an option to purchase 400,000 shares of the Company’s common stock at the fair market value as determined by the Board as of the date of grant (the “Option”). The anticipated Option will be subject to the terms and conditions of the Plan and your grant agreement. Your grant agreement will include a four-year vesting schedule, under which 25% of your shares will vest after twelve months of employment, with the remaining shares vesting monthly thereafter, until either the Option is fully vested or your employment ends, whichever occurs first.
As a Company employee, you will be expected to abide by Company policies and procedures. As a condition of employment, you must read, sign and comply with the attached Employee Confidential Information and Inventions Assignment Agreement which prohibits unauthorized use or disclosure of Company confidential information, among other obligations.

