Company: BDRX
Filing Date: 2025-01-17
Form Type: F-1
Source: 0001214659-25-000922
Chunk: 225

Company: Biodexa Pharmaceuticals Plc
Filing Date: 2025-01-17
Form: F-1
Chunk 225
---
 our proprietary
and confidential information received during the course of employment and to assign to us any inventions conceived or developed during
the course of their employment.

In the event we terminate
the agreement with Dr. Parker at any time in accordance with the provisions of the articles of association or applicable laws, Dr. Parker
will have no right to damages or compensation if he:

| • | is found guilty of any misconduct, gross negligence or dishonesty or acts in a manner which is materially 
 adverse to our interests;                                                                                 |

| • | commits any serious or repeated breach or non-observance of his obligations to the Company; |

| • | becomes bankrupt, has an interim order made against him under the United Kingdom Insolvency Act 1986 or                                          
 makes any composition or enters into any deed of arrangement with his creditors or the equivalent of any of these under any other jurisdictions; |

| • | becomes of unsound mind, becomes a patient under any statute relating to mental health or is unable, due                      
 to any accident, illness or injury, to undertake his duties for the Company for a period of more than six consecutive months; |

| • | is convicted of a criminal offense (other than a motoring offense for which a non-custodial penalty is 
 imposed);                                                                                              |

| • | is disqualified by law or an order of a court of competent jurisdiction from holding office; or |

| • | has failed to submit his resignation as Non-Executive Chairman and as a director of the Company when required 
 to so pursuant to the terms of the Appointment Agreement.                                                     |

| 111 |

In the event we terminate the agreement at any
time with immediate effect (other than pursuant to the preceding paragraph), we will pay to Dr. Parker all fees which are due to him for
the following 12 months.

Dr. Parker may resign from
his positions at any time if the Company (i) is guilty of any gross negligence which affects him or any dishonesty towards or concerning
him or (ii) becomes insolvent, makes any composition or enters into any deed of arrangement with its creditors or the equivalent. If Dr.
Parker resigns due to these reasons, we will pay to Dr. Parker all fees which are due to him for the following 12 months. Further, in
the event that Dr. Parker is unable, due to an accident, illness or injury, to undertake his duties for the Company in accordance with
the terms of the Appointment Agreement for a period of more than six consecutive months,