Document:

EX-10.1

 EXHIBIT 10.1 
  

			
	

	 	 IMARA Inc.

Info@Imaratx.com

www.imaratx.com

 September 6, 2022 
 Rahul
D. Ballal, Ph.D. 
 Dear Rahul, 
 You are a key member of the
senior management team of Imara Inc. (the “Company”). As a result, the Company would like to amend that certain retention agreement (the “Retention Agreement”), dated May 5, 2022, pursuant to
which you are eligible for certain retention benefits should you remain employed by the Company through the specified milestones. 
 This first amendment
(the “First Amendment”) to the Retention Agreement, is effective as of the date set forth above (the “Amendment Effective Date”) and shall update the terms of the Retention Agreement as set forth
below. 
  

	 	1.	 Defined Terms. Capitalized terms not otherwise defined herein shall have the meaning ascribed to such
term in the Retention Agreement. 

  

	 	2.	 Termination of Employment. Section 1 of the Retention Agreement is hereby amended and restated in
its entirety to read as follows: 

 “Cash Retention. You will be eligible to receive cash retention
payments totaling up to $275,000 (the “Potential Retention Amount”), to be payable, if at all, as follows: 
  

	 	•	 	 50% of the Potential Retention Amount ($137,500) will be payable if you remain employed by the Company through
the earlier to occur of (i) execution of an agreement providing for the merger or consolidation of the Company (or a wholly owned subsidiary of the Company) with a non-affiliate third-party (a
“Merger Transaction”) or (ii) execution of an agreement providing for the sale, lease, exclusive license or other disposition of all or substantially all of the assets (tangible or intangible) of the Company and any
subsidiaries taken as a whole (the “Asset Sale”); and 

  

	 	•	 	 50% of the Potential Retention Amount ($137,500) will be payable if you remain employed by the Company on the
date of the earlier to occur of (i) the closing of a Merger Transaction or (ii) the closing of an Asset Sale. 

The Company will pay any portion of the Potential Retention Amount that becomes payable, less all applicable taxes and withholdings, as a lump
sum payment on the first regularly scheduled payroll date following the date on which such portion of the Potential Retention Amount becomes payable. If you cease to be employed by the Company for any reason prior to the date on which any portion of
the Potential Retention Amount becomes payable, then you will not be eligible to receive such portion(s) of the Potential Retention Amount.” 

	 	3.	 No Other Amendments. Except as amended by this First Amendment, the Retention Agreement remains
unaltered and all other terms of the Retention Agreement shall remain in full force and effect. 

  

	 	4.	 Counterparts. This First Amendment may be executed in any number of counterparts, each of which shall be
deemed an original and all of which taken together shall be deemed to constitute one and the same instrument. An executed signature page of this First Amendment delivered by facsimile transmission (with transmission confirmed) or in .pdf format via e-mail shall be as effective as an original executed signature page. 

  
 2 

 Please accept all of the terms as set forth herein by signing and returning this First Amendment. 

 

			
	Sincerely,
	
	IMARA INC.
		
	By:	 	 /s/ David Mott

	Name:	 	David Mott
	Title:	 	Chairman of the Board

  

			
	AGREED:
		
	By:	 	 /s/ Rahul D. Ballal, Ph.D.

	Name:	 	Rahul D. Ballal, Ph.D.

  
 3EX-10.2

 EXHIBIT 10.2 
  

			
	

	  	 IMARA Inc.

Info@Imaratx.com

www.imaratx.com

 September 6, 2022 
 Michael
P. Gray 
 Dear Mike, 
 You are a key member of the senior
management team of Imara Inc. (the “Company”). As a result, the Company would like to amend that certain amended and restated retention agreement (the “Retention Agreement”), dated May 18, 2022,
pursuant to which you are eligible for certain retention benefits should you remain employed by the Company through the specified milestones. 
 This first
amendment (the “First Amendment”) to the Retention Agreement, is effective as of the date set forth above (the “Amendment Effective Date”) and shall update the terms of the Retention Agreement as set
forth below. 
  

	 	1.	 Defined Terms. Capitalized terms not otherwise defined herein shall have the meaning ascribed to such
term in the Retention Agreement. 

  

	 	2.	 Termination of Employment. Section 1 of the Retention Agreement is hereby amended and restated in
its entirety to read as follows: 

 “Cash Retention. You will be eligible to receive cash retention
payments totaling up to $109,756 (the “Potential Retention Amount”), to be payable, if at all, as follows: 
  

	 	•	 	 50% of the Potential Retention Amount ($54,878) will be payable if you remain employed by the Company through the
earlier to occur of (i) execution of an agreement providing for the merger or consolidation of the Company (or a wholly owned subsidiary of the Company) with a non-affiliate third-party (a
“Merger Transaction”) or (ii) execution of an agreement providing for the sale, lease, exclusive license or other disposition of all or substantially all of the assets (tangible or intangible) of the Company and any
subsidiaries taken as a whole (the “Asset Sale”); and 

  

	 	•	 	 50% of the Potential Retention Amount ($54,878) will be payable if you remain employed by the Company on the date
of the earlier to occur of (i) the closing of a Merger Transaction or (ii) the closing of an Asset Sale. 

 The
Company will pay any portion of the Potential Retention Amount that becomes payable, less all applicable taxes and withholdings, as a lump sum payment on the first regularly scheduled payroll date following the date on which such portion of the
Potential Retention Amount becomes payable. If you cease to be employed by the Company for any reason prior to the date on which any portion of the Potential Retention Amount becomes payable, then you will not be eligible to receive such portion(s)
of the Potential Retention Amount.” 

	 	3.	 No Other Amendments. Except as amended by this First Amendment, the Retention Agreement remains
unaltered and all other terms of the Retention Agreement shall remain in full force and effect. 

  

	 	4.	 Counterparts. This First Amendment may be executed in any number of counterparts, each of which shall be
deemed an original and all of which taken together shall be deemed to constitute one and the same instrument. An executed signature page of this First Amendment delivered by facsimile transmission (with transmission confirmed) or in .pdf format via e-mail shall be as effective as an original executed signature page. 

  
 2 

 Please accept all of the terms as set forth herein by signing and returning this First Amendment. 

 
  

			
	Sincerely,
	
	IMARA INC.
		
	By:	 	 /s/ Rahul D. Ballal, Ph.D.

	Name:	 	Rahul D. Ballal, Ph.D.
	Title:	 	President and CEO

  

			
	AGREED:
		
	By:	 	 /s/ Michael P. Gray

	Name:	 	Michael P. Gray

  
 3Exhibit
10.1

 

AGREEMENT

 

This
Agreement (the “Agreement”) is made as of August 24, 2022, among Alpha Capital Anstalt (“Holder”) and Creek Road
Miners, Inc. (“Company”).

 

WHEREAS,
beginning on December 6, 2021, the Company and the Holder (and certain other parties) entered into a Securities Purchase Agreement (the
“December SPA” and together with the August SPA, the “SPAs”) pursuant to which the Company issued
to the Holder shares of Series C Preferred Stock (the “Series C Preferred”) and warrants to purchase shares of the
Company’s common stock as set forth on Schedule A (the “December Warrants” and together with the August Warrants,
the “Warrants”);

 

WHEREAS,
on March 20, 2022, the Holder exercised (the “Warrant Exercise”) a portion of the December Warrants for $900,000.00 and was
issued 600,000 shares of the Company’s common stock (the “Exercise Shares”).

 

WHEREAS,
a dispute has arisen between the Company and the Holder regarding the Warrant Exercise.

 

With
this background incorporated herein, the parties hereby agree to the following settlement:

 

TERMS
OF AGREEMENT

 

1. The
Holder agrees to exchange the Warrant Shares for a convertible note to be issued in the form annexed hereto as Exhibit A (the “Note”).
The Note and all conversion shares shall be issued thereunder (the “Conversion Shares”) are being issued pursuant to an exemption
from registration under Section 3(a)(9) of the Securities Act of 1933, as amended. The Company acknowledges that the Holder’s holding
period of the Note and Conversion Shares shall tack for Rule 144 purposes back to March 20, 2022, and the holding period of all other
securities of the Company held by the Purchasers is unaffected by this Agreement and the transaction contemplated herein. Subject to
the Purchasers’ providing customary representations letter, the Company, at its expense, shall provide any legal opinions necessary
for the transfer agent to remove the legend and for Holder to sell the Conversion Shares pursuant to any applicable exemption from registration
or safe harbor.

 

2. The
Company acknowledges that the only consideration for the issuance of the Note was the Exercise Shares.

 

3. Upon
issuance of the Note, the Holder waives any claims arising form the Warrant Exercise.

 

4. Each
party to this Agreement represents and warrants that the execution, delivery and performance of this Agreement and the consummation of
the transaction provided in this Agreement have been duly authorized by all necessary action of the respective entity and that the person
executing this Agreement on its behalf has the full capacity to bind that entity.

 

    	1

     

    

 

5. This
Agreement may be signed in counterparts and the Agreement, together with its counterpart signature pages, shall be deemed valid and binding
on each party when duly executed by all parties. Facsimile and/or digital copies of signatures, such as in PDF format, for example, shall
be deemed valid and binding for all purposes.

 

6. All
dollar ($) amounts in this Agreement are the dollar currency of the United States of America.

 

7. The
Parties hereto acknowledge that each of them has had the benefit of counsel of their choice and has been offered an opportunity to review
this Agreement with chosen counsel. The Parties hereto further acknowledge that they have, individually or through their respective counsel,
participated in the preparation of this Agreement, and it is understood that no provision hereof shall be construed against any party
hereto by reason of either party having drafted or prepared this Agreement.

 

8. This
Agreement may be executed in one or more original, PDF or facsimile counterparts, each of which shall be deemed an original, but also
which together will constitute one and the same instrument and may be delivered electronically.

 

9. Notwithstanding,
the place where this Agreement may be executed by either of the parties, or any other factor, all terms and provisions hereof shall be
governed by and construed in accordance with the laws of the State of Delaware, applicable to agreements made and to be fully performed
in that State and without regard to principles of conflicts of law thereof. Any action brought to enforce, or otherwise arising out of
this Agreement shall be brought only in the state and Federal courts sitting in the State of Delaware. Each party hereby irrevocably
waives personal service of process and consents to process being served in any such suit, action or proceeding by mailing a copy thereof
via registered or certified mail or overnight delivery (with evidence of delivery) to such party at the address in effect for notices
to it under this Agreement and agrees that such service shall constitute good and sufficient service of process and notice thereof for
any claims under this Agreement. Nothing contained herein shall be deemed to limit in any way any right to serve process in any other
manner permitted by applicable law. Each party hereto hereby irrevocably waives, to the fullest extent permitted by applicable law, any
and all right to trial by jury in any legal proceeding arising out of or relating to this Note or the transactions contemplated hereby.
If any party shall commence an action or proceeding to enforce any provisions of this Note, then the prevailing party in such action
or proceeding shall be reimbursed by the other party for its attorneys’ fees and other costs and expenses incurred in the investigation,
preparation and prosecution of such action or proceeding.

 

[REST
OF THIS PAGE LEFT INTENTIONALLY BLANK]

 

    	2

     

    

 

In
witness whereof the undersigned have executed this Agreement as of the date set forth above.

 

COMPANY

 

	Creek Road Miners, Inc.	 
	 	 	 
	 	/s/
    John D. Maatta 	 
	By:	John
    D. Maatta	 
	Its:	Chief
    Executive Officer	 
	 	 	 
	HOLDER
	 	 	 
	Alpha Capital Anstalt	 
	 	 	 
	 	/s/
    Nicola Feuerstein 	 
	By:
    	Nicola
    Feuerstein	 
	Its:
    	Director	 

 

    	3

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00348-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00348-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00348-of-00352.parquet"}]]