SEC Contract Filing

Filing Date: 2018-12-03

Document Content:
<DOCUMENT>
<TYPE>EX-10.2
<SEQUENCE>2
<FILENAME>tv508378_ex10-2.htm
<DESCRIPTION>EXHIBIT 10.2
<TEXT>
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<P STYLE="margin: 0; text-align: right"><B>Exhibit 10.2</B></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>AMENDMENT TO EMPLOYMENT AGREEMENT</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: 0.5in"><FONT STYLE="color: Black">THIS
AMENDMENT TO EMPLOYMENT AGREEMENT (this &ldquo;<U>Amendment</U>&rdquo;) is made on this 27<SUP>th</SUP> day of November, 2018
(the &ldquo;<U>Effective Date</U>&rdquo;), by and between Marker Therapeutics, Inc., a Delaware corporation (the &ldquo;<U>Company</U>&rdquo;),
and Michael J. Loiacono, an individual (the &ldquo;<U>Executive</U>&rdquo;), and amends that certain Employment Agreement between
the Company and the Executive, dated <FONT STYLE="text-underline-style: double">August 25, 2016 </FONT></FONT><FONT STYLE="color: Black">(the
 &ldquo;<U>Employment Agreement</U>&rdquo;).</FONT></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: center; text-indent: 0.5in"><B>RECITALS:</B></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><B>WHEREAS</B>, the
Company and the Executive entered into the Employment Agreement on August 25, 2016; and</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><B>WHEREAS</B>, the
Company desires to appoint a new Chief Financial Officer, however, the Company desires to retain Executive to continue to serve
as the Company&rsquo;s Chief Accounting Officer; and</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><B>WHEREAS</B>, the
Company and the Executive wish to amend the Executive&rsquo;s Employment Agreement, to provide for Executive&rsquo;s services as
Chief Accounting Officer and thereby the relinquishment of the office of Chief Financial Officer as provided herein.</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>NOW THEREFORE</B>,
the Executive and the Company for themselves, their heirs, successors and assigns, in consideration of their mutual promises contained
herein, intending to be legally bound, hereby agree that the Employment Agreement is hereby amended as follows:</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section
1 and 2 of the Employment Agreement are hereby deleted and replaced in their entirety with the following:</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: 0.55in">2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>EMPLOYMENT.</B>&nbsp;The
Company will employ the Executive as the Chief Accounting Officer of the Company, and the Executive agrees to serve in such capacities
and provide his services to the Company on the terms and conditions set forth in this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.55in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.55in">3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>POSITION
AND DUTIES.</B>&nbsp;On and after the date of this Agreement, the Executive will serve as the Chief Accounting Officer of the Company.
The Executive agrees that during the Term (as defined below) he shall dedicate his full business time, attention and energies to
performing his duties to the Company, as prescribed by the Chief Executive Office (the &ldquo;<U>CEO</U>&rdquo;) and Chief Financial
Officer (the &ldquo;<U>CFO</U>&rdquo;).&nbsp;The Executive will manage the accounting affairs of the Company and perform the duties
typically assigned to the Chief Accounting Officer of a similarly situated company in the Company&rsquo;s industry. The Executive
shall also perform such other reasonable duties as may hereafter be assigned to him by the CEO or CFO, consistent with his abilities
and position as the Chief Accounting Officer and providing such further services to the Company as may reasonably be requested
of him.&nbsp;The Executive will report to the CEO of the Company, and carry out the financial decisions and otherwise abide by
and enforce the lawful rules and policies of the Company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.55in">&nbsp;</P>

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