DEED OF VARIATION OF CONTRACT
Exhibit 10.4
Dated 24 September 2020
DEED OF VARIATION
SAHARA PRESENTATION SYSTEMS PLC
and
XXXXX XXXXXXX
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This deed is dated 24 September 2020
PARTIES
(1) | Sahara Presentation Systems PLC incorporated and registered in England and Wales with company number 1335211 whose registered office is at Xxxxxx Xxxxx, Xxxxxxxxxxx, Xxxxxx Xxxx, Xxxxxxxx, Xxxx, XX0 0XX (Party 1) |
(2) | Xxxxx Xxxxxxx of Xxxxxx Xxxx, Xxxxxxxxxxx, Xxxx Xxxxxx, XX0 0XX (Party 2) |
(A) | Party 1 and Party 2 are party to a Service Agreement dated 1 January 2019 (Agreement) a copy of which is attached at the Schedule to this deed. |
(B) | The parties wish to amend the Agreement as set out in this deed with effect from 24 September 2020 (Variation Date). |
AGREED TERMS
1. TERMS DEFINED IN THE AGREEMENT
In this deed, expressions defined in the Agreement and used in this deed have the meaning set out in the Agreement. The rules of interpretation set out in the Agreement apply to this deed.
2. VARIATION
With effect from the Variation Date the Parties agree the following amendments to the Agreement:
Paragraph 2.1.4 of Schedule 2 shall be deleted and shall be replaced by the following:
“be involved in any Capacity in any business concern that is or intends to be in competition with any Restricted Business for a period of:
2.1.4.1 12 months after Termination in the event that notice of termination is given by you in accordance with clause 13.1; or
2.1.4.2 6 months after Termination in the event that notice of termination is given by the Company in accordance with clause 13.1.
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3. REMAINING TERMS OF AGREEMENT
For the avoidance of doubt the remaining terms of the Agreement shall be unaffected by this deed.
4. GOVERNING LAW
This deed and any dispute or claim arising out of or in connection with it or its subject matter or formation (including non-contractual disputes or claims) shall be governed by and construed in accordance with the law of England and Wales.
5. JURISDICTION
Each party irrevocably agrees that the courts of England and Wales shall have exclusive jurisdiction to settle any dispute or claim arising out of or in connection with this deed or its subject matter or formation (including non-contractual disputes or claims).
This deed has been entered into on the date stated at the beginning of it.
SIGNED as a deed by SAHARA PRESENTATION SYSTEMS PLC |
Sign here
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acting by a director in the presence of: | /s/ Xxxxx Xxxxxx | |
Director |
Signature of witness /s/ Xxxxxxx Xxxxxx Xxxxxx
Name (in CAPITAL LETTERS) XXXXXXX XXXXXX XXXXXX
Address 00 Xxxxxxx Xxxx Xxxxxxxxx
Xxxx XX00 0XX
Sign here
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SIGNED as a deed and delivered by XXXXX XXXXXXX in the presence of: |
/s/ Xxxxx Xxxxxxx |
Signature of witness /s/ Xxxxx Xxxxxxx
Name (in CAPITAL LETTERS) XXXXX XXXXXXX
Address Xxxxxx Xxxxx Xxxxxx Xxxx, Xxxxxxxxxxx Xxxx Xxxxxx XX0 0XX
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THE SCHEDULE
[INSERT COPY OF ORIGINAL SERVICE AGREEMENT]
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