SEC Contract Filing

Filing Date: 2019-08-30

Document Content:
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<TYPE>EX-10.7
<SEQUENCE>2
<FILENAME>cvm_ex107.htm
<DESCRIPTION>EMPLOYMENT AGREEMENT GEERT KERSTEN
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&#xA0; <font style="font-family: Times New Roman; font-size: 13px"><font style="font-weight: bold">Exhibit 10.7</font><br></font></div>
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EMPLOYMENT AGREEMENT</font></div>
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<font style="font-family: Times New Roman; font-size: 13px">This
Employment Agreement ("AGREEMENT") is made by and between Geert R.
Kersten ("EMPLOYEE") and CEL-SCI Corporation ("CEL-SCI" or
&#x201C;the Company&#x201D;) as of August 31, 2019 (the "Effective
Date").</font></div>
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<font style="font-family: Times New Roman; font-size: 13px">RECITALS</font></div>
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<font style="font-family: Times New Roman; font-size: 13px">EMPLOYEE has been
an EMPLOYEE of CEL-SCI since February 1987. CEL-SCI and EMPLOYEE
wish to set forth in this AGREEMENT the terms and conditions under
which EMPLOYEE is to be employed by CEL-SCI from the date of
execution forward.</font></div>
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<font style="font-family: Times New Roman; font-size: 13px">In
consideration of EMPLOYEE's agreement to continue providing
services to CEL-SCI, CEL-SCI's agreement to employ EMPLOYEE on the
terms and conditions set forth herein and the mutual agreements set
forth herein, the parties hereto agree as follows:</font></div>
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<font style="font-family: Times New Roman; font-size: 13px">1.</font></div>
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Term And Nature Of Employment</font></div>
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<font style="font-family: Times New Roman; font-size: 13px">CEL-SCI
hereby employs EMPLOYEE as Chief Executive Officer of CEL-SCI
commencing on the Effective Date of this AGREEMENT and ending on
August 31, 2023, unless said period of employment (the "Employment
Period") is terminated earlier in accordance with the terms of this
AGREEMENT. Thereafter, EMPLOYEE shall be employed on an at-will
basis and may terminate and may be terminated from his employment
with or without cause. EMPLOYEE hereby accepts such employment and
agrees to devote his full business time and attention, best
efforts, energy and skills to the business and affairs of CEL-SCI.
EMPLOYEE agrees to perform such other duties as may from time to
time be assigned to him by the Board of Directors of CEL-SCI and
shall act at all times in accordance with the best interests of
CEL-SCI. EMPLOYEE agrees that he shall comply with all applicable
governmental laws, rules and regulations and with all of CEL-SCI's
policies, rules and/or regulations applicable to the employees of
CEL-SCI.</font></div>
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<font style="font-family: Times New Roman; font-size: 13px">2.</font></div>
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Wage Compensation</font></div>
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