SEC Contract Filing

Filing Date: 2025-02-06

Document Content:
<DOCUMENT>
<TYPE>EX-10.1
<SEQUENCE>2
<FILENAME>ex10-1.htm
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Exhibit
10.1</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; background-color: white"><B><U>EXECUTIVE
EMPLOYMENT AGREEMENT</U></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">EXECUTIVE
EMPLOYMENT AGREEMENT (this &ldquo;<U>Agreement</U>&rdquo;), dated as of February 01, 2025 (the &ldquo;<U>Effective Date</U>&rdquo;),
between <FONT STYLE="background-color: white">MAIA Biotechnology, Inc</FONT>. (the &ldquo;<U>Company</U>&rdquo;) and Vlad Vitoc (&ldquo;<U>Executive</U>,&rdquo;
together with the Company, the &ldquo;<U>Parties</U>&rdquo; and, each, a &ldquo;<U>Party</U>&rdquo;).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">WHEREAS,
the Company desires to continue to employ Executive, and Executive desires to accept such employment, on the terms and conditions set
forth in this Agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">NOW,
THEREFORE, on the basis of the foregoing premises and in consideration of the mutual covenants and agreements contained herein, the Parties
agree as follows:</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; background-color: white">1.
</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>Employment; Title; Duties and Location</U>. The Company
hereby agrees to employ Executive, and Executive hereby accepts employment with the Company, on the terms and subject to the conditions
set forth herein, effective on the Effective Date. During the Term (as defined in Section 2 below), Executive shall serve the Company
as Chief Executive Officer and President and shall report exclusively and directly to the Board of Directors of the Company (the &ldquo;<U>Board</U>&rdquo;).
Executive shall perform the duties consistent with Executive&rsquo;s title and position and such other duties commensurate with such
position and title as shall be specified or designated by the Board from time to time. The Company may enter into loaned services or
secondment agreements requiring that Executive provides similar services to Company subsidiaries or affiliates. Executive shall also
serve as a member of the Board and may be requested to serve on the boards of directors of Company affiliates, in each case for no additional
compensation. There is no principal place of performance by Executive of Executive&rsquo;s duties hereunder and Executive will be entitled
to work remotely full-time under the Company&rsquo;s existing remote working arrangements; <U>provided</U>, that Executive may be required
to reasonably travel in connection with the performance of Executive&rsquo;s duties.</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">2.
<U>Term</U>. Executive&rsquo;s employment pursuant to the terms of this Agreement shall commence on the Effective Date and continue until
terminated pursuant to the terms of Section 6 below (the &ldquo;<U>Term</U>&rdquo;).</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">3.
<U>Compensation</U>. During the Term only (unless otherwise expressly provided for herein), Executive shall be entitled to the following
compensation and benefits.</FONT></P>

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