Company: BDRX
Filing Date: 2025-01-28
Form Type: 424B3
Source: 0001214659-25-001409
Chunk: 223

Company: Biodexa Pharmaceuticals Plc
Filing Date: 2025-01-28
Form: 424B3
Chunk 223
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 determines such interest would result in a serious conflict of interest, and  
 Dr. Parker accepts such employment, engagement, appointment, interest or involvement;                                                    |

| • | in accordance with our articles of association or applicable law; or |

| • | he is not re-elected to the Board of Directors. |

Pursuant to the terms of the
Appointment Agreement, Dr. Parker is paid an annual fee of £82,000, plus an additional fee of £1,750 for every day in excess
of 16 days worked.

We also agreed to reimburse
Dr. Parker for reasonable and documented expenses accrued in the course of performing his duties and provide him with up to £7,500
in professional advice in connection with performing his duties. The Appointment Agreement includes provisions related to the non-disclosure
of information and assignment of inventions. Among other things, these provisions obligate Dr. Parker from disclosing any of 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