TO THE PARTNERSHIP AGREEMENT DATED 20 SEPTEMBER 2024 (“AGREEMENT”) BETWEEN:
Exhibit 10.1
SUPPLEMENTAL LETTER DATED 28 OCTOBER 2024
TO THE PARTNERSHIP AGREEMENT DATED 20 SEPTEMBER 2024 (“AGREEMENT”)
BETWEEN:
TREASURE GLOBAL INC. (Registration No.: 7908921), a Nasdaq listed company incorporated in the State of Delaware, United States of America and having its registered office at 000 0xx Xxxxxx Xxxxx, 000 #000 Xxx Xxxx, XX 00000, Xxxxxx Xxxxxx (“TGL”) of the first part;
AND
CREDILAB SDN. BHD. (Registration No.: 202001025173(1381493-W)), a company incorporated in Malaysia and having its business address at X00-X-00, Xxxxxx 0, Xx. 0, Xxxxx Xxxxxxx, XX Xxx Xxxx, 00000 Xxxxx Xxxxxx, X.X. Kuala Lumpur (“CLSB”) of the second part.
Unless otherwise defined, all the terms used herein shall bear the same meaning as such terms defined in the Agreement.
1. | Incidental to further discussion between the Parties, the Parties hereby agree to amend, vary and/or modify the Agreement by making the following amendments to Clause 4.2 of the Agreement: |
“4.2 | CLSB agrees that it shall share the profits derived from the Portfolio Clients with TGL, as follows: |
4.2.1 | half of the Revenue; and |
4.2.2 | the Processing Fee, |
as compensation for the introduction and facilitation of the Portfolio Clients to CLSB (“Compensation”).”
2. | Save for the above, all the terms and conditions of the Agreement shall remain and continue to be in full force and effect. |
3. | This letter shall be governed by the laws of Malaysia. |
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TGL
For and on behalf of | ) | |
TREASURE GLOBAL INC | ) | |
Registration No: 7908921 | ) | |
) |
/s/ Xxxxxxx Thow | |
Name: Xxxxxxx Xxxx Designation: Director |
CLSB
For and on behalf of | ) | |
CREDILAB SDN BHD | ) | |
Registration No: 202001025173 (1381493-W) | ) | |
in the presence of | ) |
/s/ Xxxx Xxxxx Xxxxx |
Name: Xxxx Xxxxx Xxxxx Designation: Director |