ADDENDUM TO THE CONSULTING AGREEMENT
ADDENDUM TO THE CONSULTING AGREEMENT
THIS ADDENDUM IS MADE TO THE CONSULTING AGREEMENT (the "Agreement") effective as of July 1, 2020, (the "Effective Date"), by and between Predictmedix Inc., a Company incorporated in Canada (the "Company"), with registered address at Xxxxx 0000, Xxxxx Xxxxxx Xxxx, XX Xxxxxx, Xxxxx Tower, XX Xxx 00, Xxxxxxx Xxxxxx and Greenacres Medical Corp., a corporation with an address at 000 Xxx Xxxxxxx Xxxxx, Xxxxxxx, X0X 0X0 Xxxxxx represented by Xxxxxxx Xxxxx. (the "Executive").
Both parties mutually agree to amend clause 4(a) of the said agreement effective September 1, 2020:
The new Clause 4(a) effective September 1, 2020 reads as follows:
4. Compensation.
(a) Remuneration. During the Services Term, Executive will receive a monthly fee (the "Services Fee") of CAD$8,500. In addition, the executive will be reimbursed $1,500 per month for use of personal vehicle for Company business and $2,000 per month being rent for use of executive premises for Company meetings with investors, keeping records etc. The Company will make one cheque payment for $12,000 per month either in name of Greenacres Medical Corp. or in name of Xxxxxxx Xxxxx for the services.
All other terms and conditions of the said agreement are unchanged and binding on both parties
IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the 4th day of October 2020.
Predictmedix Inc. | ||
By: | /s/ Xxxxxx Xxxxxxxx | |
Name: |
Xxxxxx Xxxxxxxx | |
Title: | CFO |
Executive (Greenacres Medical Corp.) | ||
By: | /s/ Xxxxxxx Xxxxx | |
Name: | Xxxxxxx Xxxxx | |
Title: | CEO |