Translation -Hotel Management Advisor Agreement • September 21st, 2015
Contract Type FiledSeptember 21st, 2015With reference to the Board of Directors’ meeting No. 6/2015 of Quality Houses Public Company Limited (“the Company”), held on September 21, 2015 at 04:00 p.m. at a meeting room of 7th Floor Q.House Lumpini, 1 South Sathorn Road, Tungmahamek Sub-District, Sathorn District, Bangkok, has resolved to approve the Company or Subsidiary to be engaged into a hotel management advisor agreement which also granted the right to use the brand “Centre Point” to Mandarin Hotel (“the Hotels”) that is owned by The Mandarin Hotel Public Company Limited (“ the Connected Company”) for one year (1 October 2015-30 September 2016) with a renewal option upon mutual agreement. The Company or Subsidiary shall receive monthly remunerations depending on total revenues in the approximated total amount of Baht 7 Million for one year. The Board of Directors shall authorize Chief Executive Officer and/or any Senior Executive Vice President to have power to negotiate, agree and enter into any terms and conditions of