SEC Contract Filing

Filing Date: 2016-03-30

Document Content:
<DOCUMENT>
<TYPE>EX-10.37
<SEQUENCE>4
<FILENAME>s102860_ex10-37.htm
<DESCRIPTION>EXHIBIT 10-37
<TEXT>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B>Exhibit 10.37</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><IMG SRC="enumeral.jpg" ALT="" STYLE="height: 53px; width: 247px"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">Arthur H. Tinkelenberg, Ph.D.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">President &amp; CEO</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">Enumeral Biomedical Holdings, Inc.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">March 24, 2016</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Kevin G. Sarney</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">c/o Enumeral Biomedical Holdings, Inc.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">200 CambridgePark Drive, Suite 2000</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Cambridge, MA 02140</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Dear Kevin:</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Enumeral Biomedical Holdings, Inc. (with
its subsidiaries, &ldquo;Enumeral&rdquo; or the &ldquo;Company&rdquo;) desires to continue to employ you as the Company&rsquo;s
Vice President of Finance, Chief Accounting Officer and Treasurer. This letter agreement (the &ldquo;Agreement&rdquo;) sets forth
the current terms of your employment with Enumeral.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">As Vice President of Finance, Chief Accounting
Officer and Treasurer, you will continue to report to the Company&rsquo;s President and Chief Executive Officer. Your principal
responsibilities will continue to include overseeing the Company&rsquo;s day-to-day finance and accounting functions, and such
other duties as assigned by the Company&rsquo;s President and Chief Executive Officer. You will continue to work closely with the
other members of the Company&rsquo;s senior management team, and will advise and interact with the Company&rsquo;s Board of Directors
(the &ldquo;Board&rdquo;).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">You will continue to work at the Company&rsquo;s
Cambridge, Massachusetts facility, and your base salary will continue at the rate of $260,000 per annum (the &ldquo;Base Salary&rdquo;),
payable in semi-monthly installments and subject to applicable deductions and withholdings. At the discretion of the Board or the
Board&rsquo;s Compensation Committee, you remain eligible to earn a target bonus of up to 25% of your Base Salary (the &ldquo;Target
Bonus Percentage&rdquo;), based on achievement of corporate objectives as determined by the Board or the Compensation Committee.
You will be expected to devote 100% of your business time and energies to your work with the Company.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">You have previously been granted options
to purchase shares of the Company&rsquo;s common stock pursuant to the terms and conditions of the Company&rsquo;s 2014 Equity
Incentive Plan, as amended (the &ldquo;2014 Plan&rdquo;). Those options will continue to vest and become exercisable during your
employment with the Company in accordance with the terms of the 2014 Plan.</P>

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

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Should circumstances change such that your
employment with the Company terminates without Cause (as defined below) or should you resign for Good Reason (as defined below),
you shall be entitled to the following severance benefits, provided that you execute a separation and release agreement (a &ldquo;Separation
Agreement&rdquo;) in the form proposed by and acceptable to the Company:</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: