SEC Contract Filing

Filing Date: 2018-04-10

Document Content:
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Exhibit 10.1<a name="Exhibit10_1_124048"></a></font></b></p>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">400 East Pratt Street</font></p> </td> </tr>
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<p style="margin:0in 40.3pt .0001pt 0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Suite&nbsp;606</font></p> </td> </tr>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Baltimore, MD 21202</font></p> </td> </tr> </table>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">January&nbsp;22, 2018</font></p>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Mr.&nbsp;Matthew Phillips</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">10925 Enchanted Holloway</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Raleigh, NC&#160; 27614</font></p>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Dear Matt,</font></p>
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<p style="margin:0in 0in .0001pt;text-indent:34.6pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">On behalf of Cerecor Inc., a Delaware corporation (the &#147;<u>Company</u>&#148;), we are pleased to offer you (&#147;<u>you</u>&#148; or &#147;<u>the Employee</u>&#148;) employment with Zylera Pharmaceutical Corp. (&#147;<u>Zylera</u>&#148;) our wholly owned subsidiary under the terms set forth in this agreement (the &#147;<u>Agreement</u>&#148;).</font></p>
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<p style="font-size:10.0pt;margin:0in 0in .0001pt;text-indent:35.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">1.</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u>In General</u>. You will be employed by Zylera, your employment hereunder shall be governed in accordance with the provisions set forth below.</p>
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<p style="font-size:10.0pt;margin:0in 0in .0001pt;text-indent:35.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">2.</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u>Position</u>. Effective January&nbsp;22, 2018 you will serve as the Chief Commercial Officer of the Company and based in North Carolina. You will report to the Company CEO.&#160; During the Employment Term, you shall devote all your business time, energy and skill and your best efforts to the performance of your duties with the Company.</p>
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<p style="font-size:10.0pt;margin:0in 0in .0001pt;text-indent:35.3pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">3.</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#16