SEC Contract Filing

Filing Date: 2023-03-23

Document Content:
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<TYPE>EX-10.41
<SEQUENCE>2
<FILENAME>ex_489504.htm
<DESCRIPTION>EXHIBIT 10.4.1
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<p style="margin: 0pt; text-align: right; font-size: 10pt; font-family: &quot;Times New Roman&quot;;"><font style="font-family: 'Times New Roman', Times, serif; font-size: 10pt"><b>Exhibit 10.4.1</b></font></p>

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<p style="font-family:Times New Roman;font-size:12pt;font-variant:normal;text-align:center;margin:0pt;"><b>Employment Agreement</b></p>

<p style="font-family:Times New Roman;font-size:12pt;font-variant:normal;text-align:center;margin:0pt;"><b>Between</b></p>

<p style="font-family:Times New Roman;font-size:12pt;font-variant:normal;text-align:center;margin:0pt;"><b>GeoVax, Inc. and Kelly T. McKee, Jr., M.D., MPH</b></p>

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<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;">This <b>EMPLOYMENT AGREEMENT</b> (the "Agreement") by and between <b>GeoVax, Inc.</b>, a Georgia Corporation ("Company"), and <b>Kelly T. McKee, Jr., M.D., MPH </b>("Employee"; and with the Company, collectively, the "Parties"), is entered into and effective as of March 1, 2023 (the "Effective Date&#8221;).</p>

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<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;">Employee will serve as Chief Medical Officer of the Company. The Company and Employee desire that Employee be employed by the Company in the above capacity under the terms of this Agreement. Therefore, in consideration of the mutual covenants and agreements set forth herein, it is agreed:</p>

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 <p style="font-family: 'Times New Roman', Times, serif;font-size: 10pt;font-variant:normal;margin:0pt;"><b><u>Employment Duties.</u></b>&nbsp;&nbsp;Employee is hereby employed by the Company under the terms of this Agreement, and Employee accepts such employment. Employee shall serve in the capacity as defined above and shall perform the following duties (&#8220;Employees Duties&#8221;): such duties as are customary for someone in that position and duties that may be reasonably assigned from time to time by the President/CEO. Primary duties include but are not limited to contributing to the growth and development of the Company through the activities of clinical development and medical affairs in support of the strategic corporate growth plans and objectives.</p>
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 <p style="font-family: 'Times New Roman', Times, serif;font-size: 10pt;font-variant:normal;margin:0pt;"><b><u>Term of Agreement.</u></b>&nbsp;&nbsp;The term of Employee&#8217;s employment shall commence on or about March 1, 2023 and shall end upon the termination of Employee&#8217;s employment with the Company as provided herein. The Company may terminate this Agreement at will and at its sole discretion as allowed under Georgia state law, by giving written notice to Employee, and such termination shall be effective on the termination date described in such notice (or such earlier time as the Company and Employee may agree). Notwithstanding the foregoing, the termination of this Agreement shall not terminate the Company&#8217;s obligation to make any payments to Employee for services performed and expenses incurred prior to the date of such termination as long as the Employee is in good standing; and such termination shall not terminate Employee&#8217;s obligations under Sections 13-15, and 17-29 below. Employee shall have the right to terminate employment on one month written notice and, shall suitably perform all normal services during that one month period, if requested to do so by Company.</p>
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 <p style="margin: 0pt; text-align: left; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><b><u>Base Salary.</u></b> The base salary will be $350,000 on a full-time annualized basis. Performance and salary reviews are at the discretion of the President/CEO and/or Board of Directors.</p>
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