THIS EXTENDING LETTER no 4 is made this 24 day of March 2022 BETWEEN:
Exhibit 2.19
THIS EXTENDING LETTER no 4 is made this 24 day of March 2022
BETWEEN:
(A) | Genius Group Ltd , a public company duly organized and operating under the Laws of Singapore, having its registered seat at 0 Xxxx Xxxxxx, #00-00 Xxxxxxxxx 000000 represented by Xxxxx Xxxxx Xxxxxxxx (the “Purchaser”) |
(B) | Xxxxxx Xxxxxxxxx Xxxxxxx holding 100 % of Shares in E-Square Education Enterprises (Pty) Ltd (the “Seller” or “Party”), a private company duly organized and operating under the Laws of Republic of South Africa, with registered seat in 1 Xxxxx Xxxxx Xxxxxx Xxxxxxxxx Xxxxx, Xxxx Xxxxxxxxx, Xxxxxxx Xxxx 0000 represented by Xxxxxx Xxxxxxxxx Xxxxxxx. , (the “Seller”). |
(together the “Parties” and individually each a “Party”)
WHEREAS
(A) | The Purchaser and the Seller entered into a Share Purchase Agreement (the “Agreement”). |
(B) | Pursuant to this Extending Letter, the Seller and the Purchaser have agreed to extend the Agreement. |
NOW IT IS AGREED as follows:
1. | This Extending Letter no 4 is supplemental to the Agreement. Except as expressly mentioned by this Extending Letter, the Agreement shall remain in full force and effect. Terms defined in the Agreement shall have the same meaning in this Extension Letter unless otherwise provided by this Extending Letter. |
2. | The Agreement is hereby amended by mutual written consent of the undersigned parties pursuant to Section 12.6 of the Agreement as follows: |
(i) | Section 1 Point 1.1 (1.1.1 (h) (Definitions) is amended by changing the date of “March 31, 2022” to “June 30, 2022”; |
(ii) | Section 8 Point 8.3 is amended by changing the date of “ “March 31, 2022” to “June 30, 2022”; |
4. | This Extension Letter may be executed in one or more counterparts, each of which shall be an original but which together (including facsimile or scanned exchanged signed counterparts) shall constitute the same agreement. |
5. | This Extension Letter shall be governed by and construed in accordance with the laws of Singapore and the parties hereto hereby submit to the non-exclusive jurisdiction of the Courts of Singapore. |
AGREED by the Parties hereto the day and year first above written
SIGNED by:
By: |
|
Name: | Xxxxx Xxxxxxxx |
Title: | CEO |
SIGNED by:
Xxxxxx Xxxxxxxxx Xxxxxxx
By: |
|
Name: | Xxxxxx Xxxxxxxxx Xxxxxxx |
Title: | Director |