SEC Contract Filing

Filing Date: 2020-05-04

Document Content:
<DOCUMENT>
<TYPE>EX-10.1
<SEQUENCE>2
<FILENAME>kura-ex101_123.htm
<DESCRIPTION>EX-10.1
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<p style="text-align:right;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;font-size:12pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Exhibit 10.1</p>
<p style="text-align:center;margin-bottom:12pt;margin-top:0pt;text-indent:0%;font-weight:bold;font-size:11pt;font-variant: small-caps;font-family:Times New Roman;font-style:normal;text-transform:none;">Kura Oncology, Inc.</p>
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;font-size:11pt;font-variant: small-caps;font-family:Times New Roman;font-style:normal;text-transform:none;">Executive Employment Agreement</p>
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;font-size:11pt;font-variant: small-caps;font-family:Times New Roman;font-style:normal;text-transform:none;">for</p>
<p style="text-align:center;margin-bottom:12pt;margin-top:0pt;text-indent:0%;font-weight:bold;font-size:11pt;font-variant: small-caps;font-family:Times New Roman;font-style:normal;text-transform:none;">James Basta</p>
<p style="margin-bottom:12pt;text-align:justify;margin-top:0pt;text-indent:8.2%;font-size:11pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><a name="_DV_C143"></a><a name="_DV_M75"></a><a name="_DV_M76"></a><a name="_DV_C145"></a><a name="_DV_M77"></a><a name="_DV_M78"></a><a name="_DV_M79"></a><a name="_DV_C157"></a><a name="_DV_M83"></a><a name="_DV_M84"></a>This Executive Employment Agreement (the &#8220;<font style="font-weight:bold;font-style:italic;">Agreement</font>&#8221;), entered into <a name="_DV_C143"></a>between Kura Oncology, Inc. (the &#8220;<font style="font-weight:bold;font-style:italic;"><a name="_DV_M75"></a>Company</font>&#8221;) and James Basta<a name="_DV_M76"></a> <a name="_DV_C145"></a>(the &#8220;<font style="font-weight:bold;font-style:italic;"><a name="_DV_M77"></a>Executive</font><a name="_DV_M78"></a><a name="_DV_M79"></a>&#8221;) (collectively, the &#8220;<font style="font-weight:bold;font-style:italic;">Parties</font><a name="_DV_C157"></a>&#8221;), is effective <a name="_DV_M83"></a>as of<a name="_DV_M84"></a> November 4, 2019 (the &#8220;<font style="font-weight:bold;font-style:italic;">Effective Date</font>&#8221;).</p>
<p style="margin-bottom:12pt;text-align:justify;margin-top:0pt;text-indent:8.2%;font-weight:bold;color:#000000;font-size:11pt;font-variant: small-caps;font-family:Times New Roman;font-style:normal;text-transform:none;"><a name="_DV_C161"></a>Whereas<font style="font-weight:normal;font-variant: normal;">, the Company desires Executive to provide employment services to the Company, and wishes to provide Executive with certain compensation and benefits in return for such employment services; and</font></p>
<p style="margin-bottom:12pt;text-align:justify;margin-top:0pt;text-indent:8.2%;font-weight:bold;color:#000000;font-size:11pt;font-variant: small-caps;font-family:Times New Roman;font-style:normal;text-transform:none;">Whereas<font style="font-weight:normal;font-variant: normal;">, Executive wishes to be employed by the Company and to provide personal services to the Company in return for certain compensation and benefits. </font></p>
<p style="margin-bottom:12pt;text-align:justify;margin-top:0pt;text-indent:8.2%;font-weight:bold;font-size:11pt;font-variant: small-caps;font-family:Times New Roman;font-style:normal;text-transform:none;">Now, Therefore<font style="font-weight:normal;font-variant: normal;">, in consideration of the mutual promises and covenants contained herein and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the Parties hereto agree as follows:</font></p>
<p style="margin-bottom:12pt;text-align:justify;margin-top:0pt;margin-left:8.2%;text-indent:0%;font-family:Times New Roman;text-transform:uppercase;font-weight:bold;font-size:12pt;font-style:normal;font-variant: normal;">1.<font style="margin-left:72pt;"></font><font style="font-size:11pt;font-variant: small-caps;text-transform:none;">Employment by the Company.</font></p>
<p style="margin-bottom:12pt;text-align:justify;margin-top:0pt;text-indent:16.39%;font-weight:bold;font-family:Times New Roman;font-size:12pt;font-style:normal;text-transform:none;font-variant: normal;">1.1<font style="margin-left:108pt;"></font><font style="font-size:11pt;">Position.&nbsp;&nbsp;</font><font style="font-size:11pt;font-weight:normal;">Executive will serve as the </font><font style="font-size:11pt;font-variant: small-caps;">Chief Legal officer</font><font style="font-size:11pt;font-weight:normal;"> of the Company. During the term of Executive&#8217;s employment with the Company, Executive will devote Executive&#8217;s best efforts and substantially all of Executive&#8217;s business time and attention to the business of the Company, except for approved vacation periods and reasonable periods of illness or other incapacities permitted by the Company&#8217;s general employment policies. </font></p>
<p style="margin-bottom:12pt;text-align:justify;margin-top:0pt;text-indent:16.39%;font-weight:bold;font-size:11pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">1.2<font style="margin-left:108pt;">Duties and Location.&nbsp;&nbsp;</font><font style="font-weight:normal;">Executive will perform such duties as are required by the Company&#8217;s </font><font style="font-variant: small-caps;">Chief Executive officer</font><font style="font-weight:normal;">&nbsp;&nbsp;to whom Executive will report.&nbsp;&nbsp;Executive&#8217;s primary office location will be the Company&#8217