EXECUTIVE EMPLOYMENT AGREEMENT
Exhibit 10.1
EXECUTIVE EMPLOYMENT AGREEMENT
THIS EXECUTIVE EMPLOYMENT AGREEMENT (the “Agreement”), is effective as of January 27, 2022 (the “Effective Date”) by and between Kiromic Biopharma, Inc., a Delaware corporation (the “Company”), and Xx. Xxxxxx Xxxxxxx (the “Executive”). Throughout the remainder of the Agreement, the Company and Executive may be individually referred to as a “Party” or collectively referred to as “the Parties.”
W I T N E S S E T H:
WHEREAS, the Company wishes to employ the Executive, and the Executive desires to accept employment with the Company, upon the terms and conditions of this Agreement;
NOW, THEREFORE, in consideration of the foregoing, of the mutual promises herein, and of other good and valuable consideration, including the employment of the Executive by the Company and the compensation to be received by the Executive from the Company from time to time, and specifically the compensation to be received by the Executive pursuant to Section 4 below, the receipt and sufficiency of which are hereby acknowledged, the Parties hereto, intending legally to be bound, hereby agree as follows:
1
21791365.5
238823-10002
2
21791365.5
238823-10002
3
21791365.5
238823-10002
4
21791365.5
238823-10002
5
21791365.5
238823-10002
6
21791365.5
238823-10002
7
21791365.5
238823-10002
If to the Company,
Kiromic Biopharma, Inc.
0000 Xxxxxx Xxxxxx, Xxxxx 000
Xxxxxxx, XX 00000
Attn: CFO, COO
If to Executive:
Xxxxxx Xxxxxxx
2061 Narragansett, Xxxx 0
Xxxxx, Xxx Xxxx 00000
Email: xxxxxxxxxxxxx@x0xxxx.xxx
8
21791365.5
238823-10002
9
21791365.5
238823-10002
[The remainder of this page is intentionally left blank.]
10
21791365.5
238823-10002
IN WITNESS WHEREOF, the Parties have executed this Agreement as of the day and year first above written.
XXXXXX XXXXXXX By:/s/ Xxxxxx Xxxxxxx Xxxxxx Xxxxxxx | KIROMIC BIOPHARMA INC. By:/s/ Xxxxxxx Xxxxx Name: Xxxxxxx Nagel Title: Chairperson of the Board of Directors |
[Signature page for Executive Employment Agreement.]
11
21791365.5
238823-10002