Date: November 8, 2017 Revised Collaboration Agreement
EXHIBIT 10.1
Date: November 8, 2017
Revised Collaboration Agreement
Further to the Collaboration Agreement dated April 7, 2017 between MSNI (M) Sdn Bhd (“MSNI”) and Monspacemall Sdn Bhd (“Monspacemall”), both parties hereby agree to revise MSNI’s revenue formula:
FROM the current 50% of profits generated by the business of xxxxxxxxxxxx.xxx;
TO the revised 6.5% of sales generated by the business of xxxxxxxxxxxx.xxx.
This revision shall take effect retroactively as of August 1, 2017 .
All other clauses not specifically mentioned herein shall remain in force as per the Collaboration Agreement.
REVISION AGREED BY PARTIES BELOW.
MSNI (M) SDN BHD
/s/ Low Xxxx Xxx | ||
Director | ||
MONSPACEMALL SDN BHD | ||
/s/ Xxxx Tat Foong | ||
Director | ||