SEC Contract Filing

Filing Date: 2024-07-25

Document Content:
<DOCUMENT>
<TYPE>EX-10.1
<SEQUENCE>2
<FILENAME>ea021006501ex10-1_enzobio.htm
<DESCRIPTION>EXECUTIVE EMPLOYMENT AGREEMENT BETWEEN ENZO BIOCHEM, INC. AND PATRICIA ECKERT, EFFECTIVE AS OF JUNE 3, 2024
<TEXT>
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<P STYLE="text-align: right; margin: 0"><B>Exhibit 10.1</B></P>

<P STYLE="margin: 0; text-align: right"><B>&nbsp;</B></P>

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">This Executive Employment Agreement (the &ldquo;<B>Agreement</B>&rdquo;),
dated as of June 03, 2024 (the &ldquo;<B>Effective Date</B>&rdquo;), is made between Enzo Biochem, Inc., a New York corporation, with
its principal office at 21 Executive Boulevard, Farmingdale, New York 11735 (the &ldquo;<B>Company</B>&rdquo;) and Patricia Eckert (the
&ldquo;<B>Executive</B>&rdquo;) (each individually a &ldquo;<B>Party</B>&rdquo;, and collectively the &ldquo;<B>Parties</B>&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; text-indent: 0.5in"><FONT STYLE="font-variant: small-caps"><B>Whereas</B></FONT><B>,
</B>Executive is currently a full-time employee of the Company; and</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-variant: small-caps"><B>Whereas</B></FONT><B>,
</B>the Company desires for Executive to continue to provide services to the Company, and wishes to provide Executive with certain compensation
and benefits in return for such employment services; and</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-variant: small-caps"><B>Whereas</B></FONT><B>,
</B>Executive wishes to continue to be employed by the Company and to provide personal services to the Company in return for certain compensation
and benefits;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-variant: small-caps"><B>Now,
Therefore</B></FONT><B>, </B>in consideration of the mutual promises and covenants contained herein and for other good and valuable consideration,
the receipt and sufficiency of which is hereby acknowledged, the Parties hereto agree as follows:</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><B>1.<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>Employment by the Company.</B></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><B>1.1<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>Term. </B>The Executive&rsquo;s employment pursuant to this Agreement commenced on the Effective Date, and shall continue until
terminated in accordance as provided in Section 4 (the &ldquo;<B>Term</B>&rdquo;). Subject to the terms contained herein, Executive&rsquo;s
employment shall be &ldquo;at-will&rdquo; and may be terminated by either side, with or without notice.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><B>1.2<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>Position. </B>Executive shall serve as the Company&rsquo;s Chief Financial Officer (&ldquo;CFO&rdquo;). During Executive&rsquo;s
employment with the Company, Executive will devote Executive&rsquo;s best efforts and substantially all of Executive&rsquo;s business
time and attention to the business of the Company, except for approved vacation periods and reasonable periods of illness or other incapacities
permitted by the Company&rsquo;s general employment policies.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><B>1.3<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>Duties and Location. </B>Executive shall report to the Company&rsquo;s Chief Executive Officer (&ldquo;CEO&rdquo;), and shall perform
the services, duties and responsibilities that may be assigned to her by the CEO and/or that are consistent with Executive&rsquo;s position
of CFO, including but not limited to: (i) asset management; (ii) financial planning and analysis, with a focus on driving the business
to unlock further value; (iii) financial reporting and financia