EX-10.1
Ovid Therapeutics Inc.
337326095 v2 1. CONSULTING AGREEMENT THIS CONSULTING AGREEMENT (this “Agreement”) is made by and between Ovid Therapeutics Inc. (the “Company”) and Karen Bernstein (“Consultant”) (each, a “Party”), effective as of June 10, 2026 (the “Effective Date”). 1. ENGAGEMENT OF SERVICES. Subject to the terms of this Agreement, Consultant agrees to provide consulting services to the Company as described in Exhibit A hereto (the “Services”). Consultant shall perform all Services in compliance with all applicable laws. 2. COMPENSATION. As sole compensation for the performance of the Services, the Company will pay to Consultant the amounts on the schedule specified in Exhibit A. 3. TERM AND TERMINATION. The term of this Agreement shall begin on the Effective Date and will automatically terminate on the first anniversary of the Effective Date (the “Term”); provided, however, that the Term of this Agreement may be renewed by the Company in its sole discretion. Either Party may terminate this Agreement earlier upon written notice if the other Party materially breaches this Agreement and, if such breach is curable, fails to cure such breach within ten (10) days after written notice specifying the breach. The Company may terminate this Agreement immediately upon written notice for Consultant’s fraud, willful misconduct, or conviction of, or plea of nolo contendere to, a felony. Upon any early termination, the Company will pay any earned but unpaid consulting fee through the effective date of termination and reimburse approved expenses. 4. INDEPENDENT CONTRACTOR RELATIONSHIP. Consultant’s
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