Contract
Exhibit 10.8
21 October 2024
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Dear ▇▇▇▇▇▇▇
EXECUTIVE DIRECTOR AND EXECUTIVE SERVICES AGREEMENT – Update
Further to the Executive Director and Executive Services Agreement dated 19 September 2022 between Nova Minerals Limited (ACN 006 690 348) (“Company”) and ▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇ (“Executive”) (“Agreement”).
The Company resolved to increase the Executive’s salary as detailed in section 5 and schedule 1 of the Agreement from $10,000 per month to $200,000 per annum (inclusive of superannuation) effective 1 October 2024.
If all of these matters are acceptable to you, would you please sign the enclosed letter and return it to me. We look forward very much to your ongoing participation on the Board and your contribution towards enhancing the performance and growth of the Company.
| Yours sincerely | |
/s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ |
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| ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ | |
| Chairman |
| EXECUTED by the Parties as a deed. | ||
| EXECUTED AS A DEED by ▇▇▇▇ MINERALS | ) | |
| LIMITED | ) | |
| ACN 006 690 348 | ) | |
in accordance with section 127 of the Corporations Act 2001 (Cth): |
) |
/s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ |
/s/ ▇▇▇ ▇▇▇▇▇▇▇▇ | |
| Signature of director | Signature
of | |
| (please delete as applicable) |
| ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ | ▇▇▇ ▇▇▇▇▇▇▇▇ | |
| Name of director | Name
of | |
| (please delete as applicable) |
| SIGNED, SEALED AND DELIVERED by ▇▇▇▇▇ ) | ) | |
| ▇▇▇▇▇▇▇ in the presence of: | ) | |
/s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇ |
/s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇ | |
| Signature of witness | Signature | |
| ▇▇▇▇▇ ▇▇▇▇▇▇▇ | ||
| Name of witness |
| 2 |