SEC Contract Filing

Filing Date: 2022-03-31

Document Content:
<DOCUMENT>
<TYPE>EX-10.22
<SEQUENCE>2
<FILENAME>ex10-22.htm
<DESCRIPTION>OFFER LETTER BETWEEN THE COMPANY AND DAVID C. BENEDICTO
<TEXT>
<HTML>

<HEAD>
 <TITLE>ex32-2.htm</TITLE>
</HEAD>

<BODY style="font: 10pt Times New Roman, Times, Serif">

 <div align="LEFT" style="margin: 0;">
 <div style="border-bottom: Black 1pt solid; border-top: Black 2pt solid; width: 100%; font-size: 1pt;">&#160;</div>
 </div>
 <p style="margin: 0pt 0; text-align: left; font: 10pt Times New Roman, Times, Serif;"><A HREF="admp-10k_123121.htm">Adamis Pharmaceuticals Corporation 10-K</A></p>
 <p style="margin: 0pt 0; text-align: right; font: 10pt Times New Roman, Times, Serif;">
 <font style="font: 10pt Times New Roman, Times, Serif;"><b>&#160;</b></font>
 </p>
 <p style="margin: 0pt 0; text-align: right; font: 10pt Times New Roman, Times, Serif;">
 <font style="font-family: Times New Roman, Times, Serif; font-size: 10pt;"><b>Exhibit 10.22</b></font>
 </p>
 <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left">
 <font style="font-family: Times New Roman, Times, Serif; font-size: 10pt;">&#160;</font></P>

<p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt"><b>CERTAIN MARKED INFORMATION HAS BEEN OMITTED FROM THIS EXHIBIT
BECAUSE IT IS BOTH NOT MATERIAL AND IS THE TYPE THAT THE REGISTRANT CUSTOMARILY AND ACTUALLY TREATS AS PRIVATE OR CONFIDENTIAL. SUCH OMITTED
INFORMATION IS INDICATED BY BRACKETS (&ldquo;[&hellip;***&hellip;]&rdquo; IN THIS EXHIBIT.</b></p>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%">
 <TR>
 <TD STYLE="width: 70%"><FONT STYLE="font-family: times new roman; font-size: 10pt">November 21, 2014</FONT></TD>
 <TD STYLE="width: 30%">
 <P STYLE="font: bold 8.5pt Arial, Helvetica, Sans-Serif; margin: 0; background-color: transparent">Dennis J. Carlo, Ph.D.</P>
 <P STYLE="font: bold 8pt Times New Roman, Times, Serif; margin: 0; background-color: transparent">President <FONT STYLE="font-family: Times New Roman, Times, Serif; font-weight: normal; background-color: white"><I>&amp;</I></FONT>
 CEO</P></TD></TR>
 </TABLE>
<P STYLE="margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%">
 <TR STYLE="vertical-align: top">
 <TD STYLE="width: 70%"><FONT STYLE="font-size: 10pt; font-style: normal; font-variant: normal"><B><U>Personal and Confidential</U></B></FONT></TD>
 <TD STYLE="width: 30%; text-align: justify"><FONT STYLE="font-size: 10pt">[***] &nbsp;</FONT></TD></TR>
 </TABLE>
<P STYLE="margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">David Dwight C. Benedicto<BR>
<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-variant: normal; font-weight: normal; color: black"><I><U>[***]<BR>
</U></I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify">Dear Mr. Benedicto:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify">We are pleased to offer you the full-time position
with Adamis Pharmaceuticals Corporation (&ldquo;Company&rdquo;) of Accounting Manager based in San Diego, CA. We anticipate that, following
your acceptance of this offer, your full-time employment will commence no later than [***], or a date to be mutually agreed by the Company
and you.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify">You will report to the Chief Financial Officer
will be paid at the rate of $9,166.67 per month during your employment, which reflects an annualized amount of $110,000. Your position
is classified as exempt, which means, in part, that your work for the Company is not subject to the laws related to tracking of daily
hours of work, minimum wage, overtime or meal and rest periods (and therefore, you will not be eligible for overtime). You will be paid
in accordance with the Company&rsquo;s normal payroll practices; currently, the Company provides for payment of salaries and wages on
a semi-monthly basis. Compensation is subject to adjustment (upwards or downwards) as the discretion of the Company or the compensation
committee of the Board. All compensation and other payments described hereunder are subject to and will be reduced by normal payroll withholdings
and the Company&rsquo;s standard payroll practices.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify">As a full-time employee, you will be eligible
for participation in the Company&rsquo;s annual bonus program that currently provides for a bonus of up to [***] of your base salary.
As a full time employee, you will also be entitled to receive other benefits as are currently provided to employees generally by Company
policies from time to time, subject to applicable eligibility requirements. These benefits currently include Company paid [***] insurance.
[***] insurance are available at the option and expense of the employee. All plans are available to you on the 1<SUP>st</SUP> day of the
month following your start date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify">You will be entitled to [***] vacation days
([***] hours) each year which will be prorated for a partial year. Employees can accrue to a maximum one and a half times their annual
eligibility. You will also receive [***] holidays. Vacation, paid sick leave, and holidays are detailed in the Company&rsquo;s employee
manual. You agree to comply with Company policies, including those set forth in the Company&rsquo;s employee manual.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify">As a full-time employee, your compensation
will generally be reviewed annually in a manner similar to other employees generally, and you will be eligible for additional performance
based compensation in a manner si