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 Suite 3000, Kings Street West, TD Centre, North Tower, PO Box 95, Toronto Canada and 2499597 Ontario Inc., a corporation with an address at 141 Codsell Ave, Toronto, ON, M3H 3W5 Canada represented by Rahul Kushwah. (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$6,000. In addition, the executive will be reimbursed $1,500 per month for use of personal vehicle for Company business. The Company will make one cheque payment for $7,500 per month either in name of 2499597 Ontario Inc. or in name of Rahul Kushwah 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/ Rakesh Malhotra |
| | | |
| | Name: | Rakesh Malhotra |
| | Title: | CFO |
| | Executive (2499597 Ontario Inc.) |
| | | |
| | By: | /s/ Rahul Kushwah |
| | | |
| | Name: | Rahul Kushwah |
| | Title: | COO |
ADDENDUM # 2 TO THE CONSULTING AGREEMENT
THIS ADDENDUM IS MADE TO THE CONSULTING AGREEMENT (the "Agreement") effective as of May 1, 2021, (the "Effective Date"), by and between Predictmedix Inc., a Company incorporated in Canada (the "Company"), with registered address at Suite 3000, 77 Kings Street West, TD Centre, North Tower, PO Box 95, Toronto Canada and 2499597 Ontario Inc., a corporation with an address at 141 Codsell Ave, Toronto, ON, M3H 3W5 Canada represented by Rahul Kushwah. (the "Executive").
Both parties mutually agree to amend clause 4(a) of the said agreement which was effective September 1, 2020:
The amended Clause 4(a) effective May 1, 2021 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. The Company will make one cheque payment for $10,000 per month either in name of 2499597 Ontario Inc. or in name of Rahul Kushwah 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 7th day of June 2021.
| | Predictmedix Inc. |
| | | |
| | By: | /s/ Rakesh Malhotra |
| | | |
| | | Rakesh Malhotra |
| | Title: | CFO |
| | Executive (2499597 Ontario Inc.) |
| | | |
| | By: | /s/ Rahul Kushwah |
| | | |
| | Name: | Rahul Kushwah |
| | Title: | COO |
