SEC Contract Filing

Filing Date: 2024-05-20

Document Content:
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<TYPE>EX-10.2
<SEQUENCE>3
<FILENAME>ex10-2.htm
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Exhibit
10.2</B></FONT></P>

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

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">This
Consulting Agreement (the &ldquo;Agreement&rdquo;) is made effective as April 15, 2024 (the &ldquo;Effective Date&rdquo;), by and between
Imunon, Inc. (the &ldquo;Client&rdquo;) and Monomoy Advisors, LLC (&ldquo;Monomoy&rdquo;). The Client and Monomoy are herein sometimes
referred to individually as a &ldquo;Party&rdquo; and collectively as the &ldquo;Parties.&rdquo; The Parties agree that Monomoy will
be engaged on the following terms and conditions.</FONT></P>

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<TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 0.25in"></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">1.</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>Services</U>.
 Monomoy will provide services to the Client (the &ldquo;Services&rdquo;) which are described
 in <U>Exhibit A</U>. The Services may be amended or adjusted upon written agreement by both
 Parties and will be periodically reviewed.</FONT></TD></TR></TABLE>

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<TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 0.25in"></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">2.</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>Compensation</U>.
 In consideration of Monomoy&rsquo;s performance of the Services, the Client shall compensate
 Monomoy as described in <U>Exhibit A</U>, which compensation shall include a cash consulting
 fee (the &ldquo;Consulting Fee&rdquo;). Consulting Fees will be invoiced as incurred and
 are due within thirty (30) days of the date of invoice, which shall include sufficient information
 to identify the nature of the Services. If the Parties agree to amend or adjust the Services
 pursuant to Paragraph 1 of this Agreement, the Parties will also negotiate in good faith
 to adjust the Consulting Fee accordingly. The Consulting Fee is subject to an annual increase
 effective January 1 of each year, pursuant to written notice by Monomoy. Additional fees
 are payable hereunder as described below and in <U>Exhibit A</U>.</FONT></TD></TR></TABLE>

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<TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 0.25in"></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">3.</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>Expenses</U>.
 The Client will reimburse Monomoy for all reasonable out-of-pocket business expenses (&ldquo;Expenses&rdquo;),
 including but not limited to travel and parking, incurred by Monomoy in performing the Services.
 Monomoy agrees that the Expenses will be incurred and, as applicable, subject to pre-approval
 in accordance with the Client&rsquo;s travel policy and other applicable policies. Expenses
 will be invoiced as incurred.</FONT></TD></TR></TABLE>

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