Company: BDRX
Filing Date: 2025-01-28
Form Type: 424B3
Source: 0001214659-25-001409
Chunk: 228

Company: Biodexa Pharmaceuticals Plc
Filing Date: 2025-01-28
Form: 424B3
Chunk 228
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 aggregate period exceeding 100
working days in any period of 12-months, we may, notwithstanding any other provision of the Service Agreement, terminate Mr. Stamp’s
employment upon six months’ written notice. During that period, Mr. Stamp will not be entitled to receive his salary or any bonus
payment, but will be entitled to any benefits owed under the Service Agreement. Further, notwithstanding any notice requirements for termination
set forth in the Service Agreements, we may, at any time and in our absolute discretion, terminate the Service Agreement and provide Mr.
Stamp with a payment in lieu of any required notice. The payment will comprise of his base salary, but will not include any bonus or other
benefits, and shall be subject to any tax or insurance deductions. Notwithstanding the foregoing, we may terminate the Service Agreement
without notice or payment in lieu thereof if Mr. Stamp:

| • | is guilty of serious misconduct or any other misconduct which affects, or is likely to affect, prejudicially 
 our interests;                                                                                               |

| • | fails or neglects to efficiently and diligently discharge his duties or commits any serious or repeated               
 breach or non-observance of any of the provisions of the Service Agreement or any share dealing code we have adopted; |

| • | has an interim receiving order made against him, becomes bankrupt or makes any composition or enters into 
 any deed of arrangement with his creditors;                                                               |

| • | is charged with an arrestable criminal offense (other than a road traffic offense in the United Kingdom 
 or elsewhere for which a fine or non-custodial penalty is imposed);                                     |

| • | is disqualified from holding office in any company by reason of an order of a court of competent jurisdiction; |

| • | becomes of unsound mind or becomes a patient under any statute relating to mental health; |

| • | is convicted of an offense under the United Kingdom’s Criminal Justice Act 1993 in relation to insider         
 dealings or under any other present or future statutory enactment or regulations relating to insider dealings; |

| • | is in breach of the Model Code on directors’ dealings in listed securities, including securities                                           
 trading on AIM, published by the London Stock Exchange (the Model Code has subsequently been replaced by provisions under the MAR, however 
 the employment agreements have not been updated to reflect this); or                                                                       |

| • | commits any other act warranting summary termination at common law including, but not limited to, any 
 act justifying dismissal without notice in the terms of