Exhibit 10.5
PRIVATE & CONFIDENTIAL
1st April 2016
Dato' Brian Wee Shiong Han
1-02, 1st Floor, Block A,
Axis Business Campus,
No. 13A&13B, Jalan 225, Seksyen 51A,
46100, Petaling Jaya, Selangor.
Dear Dato Brian,
LETTER OF APPOINTMENT
In light of our recent discussion, we are pleased to offer you the position ofDirector, Chief Executive Officer-Group Executive,on the following terms and conditions:
1. | COMMENCEMENT OF EMPLOYMENT |
Your employment shall commence on1st April 2016, with official working hours being fromMonday to Friday, 10:00am to 07:00pm.
2. | DIRECTOR FEE |
Your fee shall beMYR 10,000.00(Ringgit Malaysia:Ten Thousand Only)per month.
3. | ANNUAL LEAVE |
You are eligible to20 days of paid annual leaveforeverytwelve(12)months ofcontinuousservice. For any period ofemploymentlessthan 12 months, your leaveentitlementshall be onearnedand prorated basis from the date of employment.
4. | CONFIDENTIALITY |
Youagreeandundertake:
(a) | to hold theConfidentialityInformation in the strictestconfidence andto not at any time disclose or permit to be disclosed any of Confidentiality Information to any person whatsoever without the priorconsent ofthe Company; |
(b) | to exercise due care and diligence in the discharges of your duties without causing detriment to the interest of the Company; |
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PRIVATE & CONFIDENTIAL
(c) | not to use or attempt to use the Confidential Information in any manner which mayinjureorcauseany loss, whether directly to the Company and to use the Confidential Information only for the purpose of your employment for the benefits of the Company. |
You agree that any breach of these confidential obligations will result in automatic termination of youremployment.
"ConfidentialInformation" means any and all information of any kind, whether in written or electronic format,oral or otherwise and whether or not labelled"Confidential"including without limitation, information relating to the business, financial condition,marketing strategies,know-how, suppliers,customers, operations, pricing, technical information,contractterms andconditions, and allinformationofany kind relating to the Company, its shareholders and/or its related companies oranyof their respective customers,consultants,licenses or contractors, that is held in the confidence by theCompanyor any of its related companies.
Rights in Work Product
You agreedthat all Work Product shallbethesoleproperty of the Company.
"WorkProduct"means anymaterialsprepared as partof,or for the purpose of youremploymentwith the Company, including without limitation,anyand alldiscoveries, inventions, ideas,concepts,research,trademarks,servicemarks,slogan, logosandinformation, processes, products, techniques or methods and improvementsconceived,developed,or otherwise made byyou alone orjointly with others (a) during theperiodof your employment with the Company;or (b) afterthe terminationofyour employment which is in any way related to the present or proposed products,programs or services of the Company, or to tasksassignedto you during thecourseof your employment.
You agreethatallWork Product shall constitute work made for hire with respect toany copyright,patents,trade secrets, trademarksand otherproprietary rights you may have inanyWork Productand,therefore, the Work Product is property of theCompany.You agree to waive all rights including without limitation, all moralrightswith respect to the Work Product, suchas anyand allrightsoridentificationofauthorship andany andall rightsof approval,restriction or limitation on useorsubsequent modifications.
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PRIVATE & CONFIDENTIAL
You irrevocably assign to the Company, all rights you may have in or to any Work Product and,to the extent that such rights may not be waived or assigned,you agree not to assert such rights against the Company, its successors or assigns.
Kindly confirm your acceptance of this offer of employment based on the above terms and conditions by signing the duplicate copy of this letter to us within 3 days, failing which, the validity of this offer will lapse.
Yours sincerely,
/s/ signature illegible
Director
For and on behalf of MIG Mobile Tech Bhd
I,Dato' Brian Wee Shiong Han,acknowledgereceipt of this letter and hereby agreeandaccept the terms.
Signature:/s/ Dato' Brian Wee Shiong Han | Date: 01/04/16 |
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