Material Agreement Form 8 K

Item 1.01 Entry into a Material Definitive Agreement

On September 20, 2024, ImmuCell Corporation (the "Company") and TVP, LLC (the "Landlord") entered into a Fifth Amendment of Lease (the "Lease Amendment"), which Lease Amendment amends that certain Indenture of Lease, dated September 12, 2019 (as amended to date, the "Lease Agreement"), by and between the Company and the Landlord with respect to certain property leased by the Company from the Landlord located at 175 Industrial Way in Portland, Maine (the "Leased Premises").

The Lease Amendment revises payment terms set forth in the Lease Agreement for amounts due by the Company to the Landlord with respect to certain tenant improvements on the Leased Premises. Pursuant to the Lease Amendment, in lieu of a one-time rent payment of $368,743 previously due in January of 2025, the Company will now make additional monthly rent payments of $20,000 from January of 2025 through June of 2025 and a one-time payment of $248,743 in July of 2025.

The forgoing description of the Lease Amendment is qualified in its entirety by reference to the Lease Amendment, which is filed as Exhibit 10.1 hereto and incorporated herein by reference.