Amendment to Management Services Agreement between Pareteum Corporation and Grootzande Management BV
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Summary
Pareteum Corporation and Grootzande Management BV have agreed to amend their existing Management Services Agreement. Under this amendment, Pareteum will issue 537,271 shares of its common stock to Grootzande Management BV at par value upon the successful closing of a defined event, or as soon as possible afterward. This amendment is executed by authorized representatives of both parties and modifies the original agreement dated May 8, 2018.
EX-10.2 5 tv496035_ex10-2.htm EXHIBIT 10.2
Exhibit 10.2
| 1. | Reference is made to the Management Services Agreement ("Agreement") dated 8 May 2018 between Pareteum Corporation ("Pareteum") and Grootzande Management BV ("Manager"). |
| 2. | Each of Pareteum and the Manager agree to amend the Agreement (pursuant to clause 16.1 thereof) by adding to clause 6.1 as follows: |
| (d) | Pareteum will issue 537,271 common stock of $0.00001 par value each in the capital of Pareteum to the Manager at par value on "Successful Close" (as defined in clause 1.1), or as soon as practicable thereafter. |
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EXECUTED this June 7, 2018:
| Pareteum Corporation | Grootzande Management BV |
| By: /s/ Alexander Korff | By: /s/ Bart Weijermars |
| Alexander Korff, Corporate Secretary | Bart Weijermars / Director |
