Document:

Exhibit 10.2

 

 

 

Employment
Agreement

 

This
updated agreement made and entered into this February 17, 2019 by and between OptimizeRx Corporation, a Nevada Company, hereinafter
referred to as “Employer” and Douglas P. Baker, hereinafter referred to as the “Employee”.

 

The
Employer is engaged in the business of Pharmaceutical and healthcare promotion to physicians and consumers through their electronic
platforms and other means and desires Douglas P. Baker to serve as the Chief Financial Officer for the company.

 

Base
Compensation.Your annual base salary is $240,000, effective January 1, 2019, payable at a rate of $10,000.00 per semi-monthly
pay period, representing payment for all hours worked (“Base Compensation”). Your Base Compensation is payable in
accordance with the Company’s regular practices.

 

Bonus.In
addition to your Base Compensation, you will be eligible to participate in the Company’s executive bonus plan, subject to
its terms and conditions, with an annual target bonus of 40 % of your Base Compensation. The bonus plan also includes a change
of control bonus as set forth in the plan. Subject to board approval and registration of the plans and related legal compliance,
you will also have the option to take the bonus in equity or in a split 50/50 arrangement with 50% in cash and 50 % in equity.
The option to take all, or a portion, of your bonus in equity is at your discretion.

 

Employee
Benefits.In addition to your compensation, you will have the opportunity to participate in various Company benefit programs
generally offered to employees, pursuant to the terms and conditions of such programs, including applicable waiting periods prior
to eligibility. Currently, we offer employees a 401(k) plan, group medical and dental insurance and short and long term disability
benefits. Please note that the Company reserves the right to change or discontinue any of our benefits, plans, providers, and
policies, at any time.

 

Job
Responsibilities.As Chief Financial Officer, your responsibilities include oversite and management of all financial and
human resources activities, as well as other duties from time-to-time assigned by the CEO. You shall use your best efforts and
devote your full time and attention to the business of the Company on a full time basis and shall at all times faithfully and
industriously and to the best of your ability, experience and talent, perform all of the duties that may be required of you pursuant
to the terms hereof. During the term hereof you shall not engage in any other new employment or consulting activities without
the express written consent of the Company other than civic, charitable and/or religious activities, directing your own passive
investments and/or serving on boards of directors of other entities so long as such activities do not interfere or conflict with
your duties hereunder as reasonably determined by the Company.

 

     

     

    

 

Expense
Reimbursement. The Company will reimburse you for all approved business travel costs incurred by you pursuant to the terms
of the Company travel policy.

 

At-Will
Employment.Please note that you are not being offered employment for a definite period of time, and that the Company may
terminate your employment at any time for any reason, with or without cause or notice, except as prohibited by law. Nothing in
this offer to you should be interpreted as creating anything other than an at-will employment relationship. You also have the
right terminate your employment with the company at any time for any reason on thirty days’ prior written notice.

 

Business
Protection Agreement. The Company considers the protection of its confidential information, proprietary materials and goodwill
to be extremely important. Accordingly, as a condition of your continued employment with the Company and the increase in compensation
reflected herein, you will be required to execute and return to the Company the enclosed Business Protection Agreement.

 

Conflicts
of Interest and Gifts. You will promptly disclose all current and potential interests, direct or indirect, in any entity dealing
with the Company which may affect actions and decisions made by you as a representative of the Company, and fully disclose any
gift which raises any reasonable possibility of conflict of interest.

 

Compliance.
Unless otherwise directed by the CEO or Board of Directors, you will to the best of your knowledge comply with all applicable
laws and Company policies in performing your duties hereunder including federal and state securities laws.

 

Severance
Pay. If your employment agreement is terminated at any time by the Company without cause, which termination shall be effective
immediately upon the date of delivery of written notice to you (or at such later date as otherwise specified in such notice),
the Company shall continue to pay you, as severance pay, the monthly portion of your Base Compensation for a period of twelve
(12) months following such termination, subject to your continued compliance with the terms and conditions of this Agreement and
the Business Protection Agreement.

 

Except
as set forth herein, or as set forth in your option agreements, or as may be required by applicable law, you have no right to
any specific compensation or benefits, and the Company shall have no obligations to pay any salary, bonus, severance payment,
accrued vacation or other amounts in connection with any termination of your employment or attributable to the period after termination.

 

409A.
To the extent that any provision of this letter agreement is ambiguous as to its exemption or compliance with Code Section 409A,
the provision will be read in such a manner so that all payments hereunder are exempt from Code Section 409A to the maximum permissible
extent, and for any payments where such construction is not tenable, that those payments comply with Code Section 409A to the
maximum permissible extent. To the extent any payment under this letter agreement may be classified as a “short-term deferral”
within the meaning of Code Section 409A, such payment shall be deemed a short-term deferral, even if it may also qualify for an
exemption from Code Section 409A under another provision of Code Section 409A. Payments pursuant to this agreement (or referenced
in this agreement) are intended to constitute separate payments for purposes of Section 1.409A-2(b)(2) of the regulations under
Code Section 409A.

 

    2 

     

    

 

Change
of Control Benefits 

 

In
the event of a Change in Control (as defined below) during which you were actively employed, you will receive (i) twelve (12)
months of your final base pay rate; and (ii) if the Company’s equity awards are assumed in the Change in Control, accelerated
vesting of the number of your then-unvested Company stock option shares it being acknowledge and agreed that this section shall
supersede any language to the contrary in any other document including the Form of Option Grant Agreement (collectively, the “Change
in Control Benefits”). The Change in Control Benefits would be provided in lieu of any other severance-related benefits
for which you may be eligible.

 

“Change
in Control” means: (i) the sale or other disposition of all or substantially all of the assets of the Company; (ii) any
sale or exchange of the capital stock of the Company by the stockholders of the Company in one transaction or series of related
transactions where more than fifty percent (50%) of the outstanding voting power of the Company is acquired by a person or entity
or group of related persons or entities; (iii) any reorganization, consolidation or merger of the Company where the outstanding
voting securities of the Company immediately before the transaction represent or are converted into less than fifty percent (50%)
of the outstanding voting power of the surviving entity (or its parent corporation) immediately after the transaction; or (iv)
the consummation of the acquisition of fifty-one percent (51%) or more of the outstanding stock of the Company pursuant to a tender
offer validly made under any federal or state law (other than a tender offer by the Company). Notwithstanding the foregoing, a
transaction will not be deemed a Change in Control unless the transaction qualifies as a change in control event within the meaning
of Section 409A of the Code.

 

Section
280G

 

If
any of the payments or benefits received or to be received by you from the Company (including, without limitation, any payment
or benefits received in connection with a Change in Control or the termination of your employment, whether pursuant to the terms
of this letter agreement or any other plan, arrangement, or agreement, or otherwise) (all such payments collectively referred
to herein as the “280G Payments”) constitute “parachute payments” within the meaning of
Section 280G of the Code and will be subject to the excise tax imposed under Section 4999 of the Code (the “Excise
Tax”), the Company shall pay to you, no later than the time such Excise Tax is required to be paid by you or withheld
by the Company, an additional amount equal to the sum of the Excise Tax payable by you, plus the amount necessary to put you in
the same after-tax position (taking into account any and all applicable federal, state, and local excise, income, or other taxes
at the highest applicable rates on such 280G Payments and on any payments under this Section 5.9 or otherwise) as if no Excise
Tax had been imposed.

 

Required
I-9 Documentation. Your employment with the Company is also subject to you providing, if you have not already done so, the
Company with proof of your legal right to work in the United States by completing the Form I-9 and providing Company with the
accepted documents specified on the Form I-9.

 

Certifications.By
signing this letter, you certify to the Company that you are free to enter into and fully perform the duties of your position,
and that you are not subject to any employment, confidentiality, non-competition or other agreement that would restrict your performance
for the Company. .

 

Additionally,
by signing this letter, you certify that you will not disclose to or use for the benefit of the Company any trade secret or confidential
or proprietary information of any previous employer. You further affirm that you have not divulged or used any such information
for the benefit of the Company, and that you have not and will not misappropriate any such information from any former employer.

 

Entire
Agreement. This offer letter and your signed Business Protection Agreement, state the terms of your employment and supersede
and cancel any prior oral or written representations, offers or promises made by the Company and any understandings or agreements,
whether written or oral, between the Company and you.

 

	Accepted by Employer:	 	 	Accepted by Employee:
	 	 	 	 	 
	/s/ William J. Febbo	February 7, 2019	 	/s/ Douglas P. Baker	February 7, 2019
	William J. Febbo	(Date)	 	Douglas P. Baker	(Date)

 

    3Exhibit 4.1

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Alexan&der DavMid SamRple **S**   Mr.. AleSxandeAr DaMvid SamPple *L*** MEr. Alex&ander David Sample ****   David Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample   **** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Mr.   Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander   David Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample   **** Mr. Alexander DavidMSampRle ****.Mr. SAlexaAnderMDavidPSamLple *E*** Mr.   &AlexandMer DavRid SaSmple.**** SMr. AAlexanMder DaPvid SLampEle **** Mr.   Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander   David Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample   **** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr.   Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander   David Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample   **** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr.   Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander   David Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample   **** Mr. Sample **** Mr. Sample is the owner of   **000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares***   *000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****   000000**Shar*es****0*000Z00**SEhareRs****00O0000**   ShHares**U**0000N00**SDhares*R***000E000**DShares**T**000H000**SOhares*U***000S000**AShareNs****00D0000**Shares****0   THIS CERTIFICATE IS TRANSFERABLE IN CITIES DESIGNATED BY THE TRANSFER AGENT,   AVAILABLE ONLINE AT www.computershare.com 00000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****00   0000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000   000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****0000   0**Shares****00Z0000E**ShaRres****O000000**HSharesU****00N0000**DShareRs****00E0000D**SharesA****00N0000*D*Shares**Z**000E000**RShareOs****00*000*0***Shares****000000   00**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****00000   **Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000*   *Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**   Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**Shares****000000**S   FULLY PAID AND NON-ASSESSABLE SHARES OF THE COMMON STOCK, $0.001 PAR VALUE   PER SHARE, OF CELLDEX THERAPEUTICS, INC. transferable on the books of the   Corporation by the holder hereof in person or by duly authorized attorney,   upon surrender of this Certificate properly endorsed. This Certificate is not   valid unless countersigned by the Transfer Agent and registered by the   Registrar. WITNESS the facsimile seal of the Corporation and the facsimile   signatures of its duly authorized officers. DATED DD-MMM-YYYY COUNTERSIGNED   AND REGISTERED: COMPUTERSHARE TRUST COMPANY, N.A. TRANSFER AGENT AND   REGISTRAR, President and Chief Executive Officer By Senior Vice President and   Chief Financial Officer AUTHORIZED SIGNATURE CUSIP/IDENTIFIER Holder ID   Insurance Value Number of Shares DTC Certificate Numbers   1234567890/1234567890 1234567890/1234567890 1234567890/1234567890 1234567890/1234567890   1234567890/1234567890 1234567890/1234567890 Total Transaction XXXXXX XX X   XXXXXXXXXX 1,000,000.00 123456 12345678 123456789012345 PO BOX 43004,   Providence, RI 02940-3004 Num/No. Denom. Total 1 2 3 4 5 6 7 1 2 3 4 5 6 1 2   3 4 5 6 MR A SAMPLE DESIGNATION (IF ANY) ADD 1 ADD 2 ADD 3 ADD 4 CUSIP 15117B   20 2 

    

 

 

. (Cust)   (Minor) (State) and not as tenants in common (Cust) (Minor) PLEASE INSERT   SOCIAL SECURITY OR OTHER IDENTIFYING NUMBER OF ASSIGNEE For value received,   hereby sell, assign and transfer unto (PLEASE PRINT OR TYPEWRITE NAME AND   ADDRESS, INCLUDING POSTAL ZIP CODE, OF ASSIGNEE) Shares represented by the   within Certificate, and do hereby irrevocably constitute and appoint Attorney   to transfer the said shares on the books of the within-named Corporation with   full power of substitution in the premises. Dated: 20 Signature: Signature:   Notice: The signature to this assignment must correspond with the name as   written upon the face of the certificate, in every particular, without   alteration or enlargement, or any change whatever. Signature(s) Guaranteed:   Medallion Guarantee Stamp THE SIGNATURE(S) SHOULD BE GUARANTEED BY AN   ELIGIBLE GUARANTOR INSTITUTION (Banks, Stockbrokers, Savings and Loan   Associations and Credit Unions) WITH MEMBERSHIP IN AN APPROVED SIGNATURE   GUARANTEE MEDALLION PROGRAM, PURSUANT TO S.E.C. RULE 17Ad-15. The following   abbreviations, when used in the inscription on the face of this certificate,   shall be construed as though they were written out in full according to   applicable laws or regulations: TEN COM - as tenants in commonUNIF GIFT MIN   ACT-. . . . . . . . . .Custodian . . . . . . . . . . . . . . . TEN ENT - as   tenants by the entiretiesunder Uniform Gifts to Minors Act . . . . . . . . .   . . . . JT TEN-as joint tenants with right of survivorshipUNIF TRF MIN ACT .   . . . . . . . . . . . . . .Custodian (until age. . . ). . . . . . . . . . .   under Uniform Transfers to Minors Act. . . . . . . . . . (State) Additional   abbreviations may also be used though not in the above list.

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