0001144204-14-009883 Sample Contracts

EXECUTIVE EMPLOYMENT AGREEMENT
Executive Employment Agreement • February 14th, 2014 • Tonix Pharmaceuticals Holding Corp. • Metal mining • New York

This EXECUTIVE EMPLOYMENT AGREEMENT (the “Agreement”) dated February 11, 2014 by and between Tonix Pharmaceuticals Holding Corp., a company incorporated under the laws of Nevada (the “Company”), and Seth Lederman, an individual (the “Executive”) with reference to the following facts:

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TONIX PHARMACEUTICALS HOLDING CORP.
Tonix Pharmaceuticals Holding Corp. • February 14th, 2014 • Metal mining

This letter shall serve as an agreement to terminate the consulting agreement entered dated as of June 4, 2010 between Lederman & Co., LLC (“Lederman & Co.”) and Tonix Pharmaceuticals, Inc., as amended on December 9, 2010, February 1, 2012 and October 15, 2013 (the “Agreement”). Capitalized terms used but not defined herein shall have the meaning ascribed to them in the Agreement. Effective as of the close of business on February 10, 2014, the Agreement shall be deemed terminated and February 10, 2014 shall be deemed the Termination Date.

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