Exhibit 10.3

$Z:\2024 OPERATIONS\EDGAR\07 JULY\GT Biopharma, Inc\07-30-2024\Form 10-Q_June 30, 2024\Draft\Production$

$Z:\2024 OPERATIONS\EDGAR\07 JULY\GT Biopharma, Inc\07-30-2024\Form 10-Q_June 30, 2024\Draft\Production$

$Z:\2024 OPERATIONS\EDGAR\07 JULY\GT Biopharma, Inc\07-30-2024\Form 10-Q_June 30, 2024\Draft\Production$

$Z:\2024 OPERATIONS\EDGAR\07 JULY\GT Biopharma, Inc\07-30-2024\Form 10-Q_June 30, 2024\Draft\Production$

$Z:\2024 OPERATIONS\EDGAR\07 JULY\GT Biopharma, Inc\07-30-2024\Form 10-Q_June 30, 2024\Draft\Production$

$Z:\2024 OPERATIONS\EDGAR\07 JULY\GT Biopharma, Inc\07-30-2024\Form 10-Q_June 30, 2024\Draft\Production$

$Z:\2024 OPERATIONS\EDGAR\07 JULY\GT Biopharma, Inc\07-30-2024\Form 10-Q_June 30, 2024\Draft\Production$

$Z:\2024 OPERATIONS\EDGAR\07 JULY\GT Biopharma, Inc\07-30-2024\Form 10-Q_June 30, 2024\Draft\Production$

$Z:\2024 OPERATIONS\EDGAR\07 JULY\GT Biopharma, Inc\07-30-2024\Form 10-Q_June 30, 2024\Draft\Production$

$Z:\2024 OPERATIONS\EDGAR\07 JULY\GT Biopharma, Inc\07-30-2024\Form 10-Q_June 30, 2024\Draft\Production$

$Z:\2024 OPERATIONS\EDGAR\07 JULY\GT Biopharma, Inc\07-30-2024\Form 10-Q_June 30, 2024\Draft\Production$

$Z:\2024 OPERATIONS\EDGAR\07 JULY\GT Biopharma, Inc\07-30-2024\Form 10-Q_June 30, 2024\Draft\Production$

$Z:\2024 OPERATIONS\EDGAR\07 JULY\GT Biopharma, Inc\07-30-2024\Form 10-Q_June 30, 2024\Draft\Production$

$Z:\2024 OPERATIONS\EDGAR\07 JULY\GT Biopharma, Inc\07-30-2024\Form 10-Q_June 30, 2024\Draft\Production$

$Z:\2024 OPERATIONS\EDGAR\07 JULY\GT Biopharma, Inc\07-30-2024\Form 10-Q_June 30, 2024\Draft\Production$

$Z:\2024 OPERATIONS\EDGAR\07 JULY\GT Biopharma, Inc\07-30-2024\Form 10-Q_June 30, 2024\Draft\Production$

$Z:\2024 OPERATIONS\EDGAR\07 JULY\GT Biopharma, Inc\07-30-2024\Form 10-Q_June 30, 2024\Draft\Production$

$Z:\2024 OPERATIONS\EDGAR\07 JULY\GT Biopharma, Inc\07-30-2024\Form 10-Q_June 30, 2024\Draft\Production$

$Z:\2024 OPERATIONS\EDGAR\07 JULY\GT Biopharma, Inc\07-30-2024\Form 10-Q_June 30, 2024\Draft\Production$

$Z:\2024 OPERATIONS\EDGAR\07 JULY\GT Biopharma, Inc\07-30-2024\Form 10-Q_June 30, 2024\Draft\Production$

$Z:\2024 OPERATIONS\EDGAR\07 JULY\GT Biopharma, Inc\07-30-2024\Form 10-Q_June 30, 2024\Draft\Production$

$Z:\2024 OPERATIONS\EDGAR\07 JULY\GT Biopharma, Inc\07-30-2024\Form 10-Q_June 30, 2024\Draft\Production$

$Z:\2024 OPERATIONS\EDGAR\07 JULY\GT Biopharma, Inc\07-30-2024\Form 10-Q_June 30, 2024\Draft\Production$