DEED OF VARIATION OF CONTRACT
Exhibit 10.2
Dated 24 September 2020
DEED OF VARIATION
SAHARA PRESENTATION SYSTEMS PLC
and
XXXX XXXXXXX
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This deed is dated 24 September 2020
PARTIES
(1) | Sahara Presentation Systems PLC incorporated and registered in England and Wales with company number 1335211 whose registered office is at Xxxxxx Xxxxx, Xxxxxxxxxxx, Xxxxxx Xxxx, Xxxxxxxx, Xxxx, XX0 0XX (Party 1) | |
(2) | Xxxx Xxxxxxx of Glenwye, Xxxxxxx Xxxx, Xxxxxxx Xxxxx, Xxxxx, XX00 0XX (Party 2) |
(A) | Party 1 and Party 2 are party to a Service Agreement dated 1 November 2019 (Agreement) a copy of which is attached at the Schedule to this deed. |
(B) | The parties wish to amend the Agreement as set out in this deed with effect from 24 September 2020 (Variation Date). |
AGREED TERMS
1. | TERMS DEFINED IN THE AGREEMENT |
In this deed, expressions defined in the Agreement and used in this deed have the meaning set out in the Agreement. The rules of interpretation set out in the Agreement apply to this deed.
2. | VARIATION |
With effect from the Variation Date the Parties agree the following amendments to the Agreement:
Paragraph 2.1.4 of Schedule 2 shall be deleted and shall be replaced by the following:
“be involved in any Capacity in any business whose main business concern is that or intends to be that which is in direct competition with any Restricted Business for a period of:
2.1.4.1 12 months after Termination in the event that notice of termination is given by you in accordance with clause 14.1; or
2.1.4.2 6 months after Termination in the event that notice of termination is given by the Company in accordance with clause 14.1.
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3. | REMAINING TERMS OF AGREEMENT |
For the avoidance of doubt the remaining terms of the Agreement shall be unaffected by this deed.
4. | GOVERNING LAW |
This deed and any dispute or claim arising out of or in connection with it or its subject matter or formation (including non-contractual disputes or claims) shall be governed by and construed in accordance with the law of England and Wales.
5. | JURISDICTION |
Each party irrevocably agrees that the courts of England and Wales shall have exclusive jurisdiction to settle any dispute or claim arising out of or in connection with this deed or its subject matter or formation (including non-contractual disputes or claims).
This deed has been entered into on the date stated at the beginning of it.
SIGNED as a deed by SAHARA PRESENTATION SYSTEMS PLC acting by a director in the presence of: |
Sign here | |
/s/ Xxxxx Xxxxxx | ||
Director |
Signature of witness /s/ Xxxxxxx Xxxxxx Xxxxxx
Name (in CAPITAL LETTERS) XXXXXXX XXXXXX XXXXXX
Address 28 Brattle Wood Sevenoaks, Kent TN 1QU
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SIGNED as a deed and delivered by XXXX XXXXXXX in the presence of: | Sign here | |
/s/ Xxxx Xxxxxxx |
Signature of witness /s/ Xxxx Xxxxx
Name (in CAPITAL LETTERS) XXXX XXXXX
Address 00 Xxxxxxx Xxxx, Xxxxxx Xxxxxx Xxxx, Xxxxx, XX0 0XX
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THE SCHEDULE
COPY OF ORIGINAL SERVICE AGREEMENT
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