Document:

Exhibit 10.7

 

	 	[   ], 2021

 

Oxus Acquisition Corp.

7F, 77/2 Al-Farabi Avenue

Almaty, Kazakhstan 050040

 

Ladies and Gentlemen:

 

Oxus Acquisition Corp. (the
“Company”), a blank check company formed for the purpose of entering into a merger, capital stock exchange,
asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination with one or more businesses
or entities (a “Business Combination”), intends to register its securities under the Securities Act of 1933,
as amended (the “Securities Act”), in connection with its initial public offering (“IPO”).
The Company currently anticipates selling units in the IPO, each comprised of one Class A ordinary share, par value $0.0001 per share,
of the Company (“Ordinary Share(s)”) and one warrant (“Warrant”), each whole Warrant
to purchase one Ordinary Share. 

 

The undersigned hereby commits
to purchase an aggregate of 375,000 warrants of the Company (“Initial Warrants”) at $1.00 per Initial Warrant
for an aggregate purchase price of $375,000 (the “Initial Purchase Price”). Additionally, if the underwriters
in the IPO (“Underwriters”) exercise their over-allotment option in full or in part, the undersigned further
commits to purchase up to an additional 40,179 Warrants (“Additional Warrants” and together with the Initial
Warrants, the “Private Warrants”) at $1.00 per Additional Warrant, for an aggregate purchase price of up to
$40,179 (the “Over-Allotment Purchase Price” and together with the Initial Purchase Price, the “Purchase
Price”)). The Private Warrants will be identical to the warrants to be sold in the IPO except as described in the Company’s
registration statement filed in connection with the IPO (“Registration Statement”).

 

On the date of the closing
of the IPO (the “IPO Closing Date”), the Company shall issue and sell to the undersigned, and the undersigned
shall purchase from the Company, the Initial Warrants for the Initial Purchase Price. At least one (1) business day prior to the date
the Registration Statement is declared effective, the undersigned will cause the Purchase Price to be delivered by wire transfer of immediately
available funds to the accounts designated by the Company, including to the trust account at a financial institution to be chosen by the
Company, maintained by Continental Stock Transfer & Trust Company, acting as trustee, in accordance with the Company’s wiring
instructions. On the IPO Closing Date, the Initial Purchase Price shall be released to the Company and the Company shall effect delivery
of the Initial Warrants to the undersigned in book-entry form.

 

On the date of the closing
of the over-allotment option, if any, in connection with the IPO (each such date, an “Over-Allotment Closing Date,”
and each Over-Allotment Closing Date (if any) and the IPO Closing Date, a “Closing Date”), the Over-Allotment
Purchase Price shall be released to the Company and the Company shall issue and sell to the undersigned, and the undersigned shall purchase
from the Company, the Additional Warrants (or, to the extent the over-allotment option is not exercised in full, a lesser number of Additional
Warrants in proportion to portion of the over-allotment option that is exercised). On each Over-Allotment Closing Date, if any, subject
to receipt of funds pursuant to the immediately prior sentence, the Company shall effect delivery of the Additional Warrants to the undersigned
in book-entry form. 

 

The Private Warrants will
be identical to the warrants to be sold by the Company in the IPO, except that:

 

		●	the
Private Warrants will not be transferable by the undersigned until the consummation of a Business Combination (subject to certain exceptions
as described in the Registration Statement and set forth in the warrant agreement governing the Private Warrants (the “Warrant
Agreement”));

 

		●	the
Private Warrants and underlying securities will be subject to customary registration rights, pursuant to a registration rights agreement
on terms agreed upon by the Company and the Underwriters to be filed as an exhibit to the Registration Statement (the “Registration
Rights Agreement”); and

 

     

     

    

 

		●	the Private Warrants and the underlying securities
will include any additional terms or restrictions as is customary in other similarly structured blank check company offerings or as may
be reasonably required by the Underwriters in order to consummate the IPO, which terms or restrictions will be described in the Registration
Statement.

 

The undersigned acknowledges
and agrees that it will execute agreements in form and substance typical for transactions of this nature necessary to effectuate the foregoing
agreements and obligations prior to the consummation of the IPO as are reasonably acceptable to the undersigned, including but not limited
to (i) an insider letter and (ii) the Registration Rights Agreement.

 

The undersigned hereby represents
and warrants to the Company (which representations and warranties shall survive each Closing Date) that:

 

		(a)	it has been advised that the Private Warrants and, upon exercise
of the Private Warrants, the shares of Ordinary Shares issuable upon such exercise (collectively, the “Securities”),
have not been registered under the Securities Act;

 

		(b)	it is acquiring the Securities for its own account, for investment
purposes only and not with a view towards, or for resale in connection with, any public sale or distribution thereof;

 

		(c)	it understands that the Securities are being offered and
will be sold to it in reliance on specific exemptions from the registration requirements of the United States federal and state securities
laws and that the Company is relying upon the truth and accuracy of, and the undersigned’s compliance with, the representations
and warranties of the undersigned set forth herein in order to determine the availability of such exemptions and the eligibility of the
undersigned to acquire such Securities;

 

		(d)	it is an “accredited investor” as defined by
Rule 501(a)(3) of Regulation D promulgated under the Securities Act, and it has not experienced a disqualifying event as enumerated pursuant
to Rule 506(d) of Regulation D under the Securities Act. The undersigned did not decide to enter into this letter agreement as a result
of any general solicitation or general advertising within the meaning of Rule 502(c) of Regulation D under the Securities Act;

 

		(e)	it has been furnished with all materials relating to the
business, finances and operations of the Company and materials relating to the offer and sale of the Securities which have been requested
by the undersigned. The undersigned has been afforded the opportunity to ask questions of the executive officers and directors of the
Company. The undersigned understands that its investment in the Securities involves a high degree of risk and it has sought such accounting,
legal and tax advice as it has considered necessary to make an informed investment decision with respect to the acquisition of the Securities;

 

		(f)	it understands that no United States federal or state agency
or any other government or governmental agency has passed on or made any recommendation or endorsement of the Securities or the fairness
or suitability of the investment in the Securities by the undersigned nor have such authorities passed upon or endorsed the merits of
the offering of the Securities;

 

    2

     

    

 

		(g)	it understands that: (A) the Securities have not been and
are not being registered under the Securities Act or any state securities laws, and may not be offered for sale, sold, assigned or transferred
unless (1) subsequently registered thereunder or (2) sold in reliance on an exemption therefrom; and (B) except as specifically set forth
in the Registration Rights Agreement, neither the Company nor any other person is under any obligation to register the Securities under
the Securities Act or any state securities laws or to comply with the terms and conditions of any exemption thereunder. In this regard,
the undersigned understands that the U.S. Securities and Exchange Commission has taken the position that promoters or affiliates of a
blank check company and their transferees, both before and after an initial Business Combination, are deemed to be “underwriters”
under the Securities Act when reselling the securities of a blank check company. Based on that position, Rule 144 adopted pursuant to
the Securities Act would not be available for resale transactions of the Securities despite technical compliance with the requirements
of such Rule, and the Securities can be resold only through a registered offering or in reliance upon another exemption from the registration
requirements of the Securities Act;

 

		(h)	it has such knowledge and experience in financial and business
matters, knowledge of the high degree of risk associated with investments in the securities of companies in the development stage such
as the Company, is capable of evaluating the merits and risks of an investment in the Securities and is able to bear the economic risk
of an investment in the Securities in the amount contemplated hereunder for an indefinite period of time. The undersigned has adequate
means of providing for its current financial needs and contingencies and will have no current or anticipated future needs for liquidity
which would be jeopardized by the investment in the Securities. The undersigned can afford a complete loss of its investments in the
Securities;

 

		(i)	it has full power, authority and legal capacity to execute
and deliver this letter agreement and any documents contemplated herein or needed to consummate the transactions contemplated in this
letter agreement;

 

		(j)	it understands that the Private Warrants shall bear the legend
substantially in the form set forth in the Warrant Agreement and be subject to appropriate “stop transfer restrictions”;

 

		(k)	this letter agreement constitutes a legal, valid and binding
obligation of the undersigned, enforceable in accordance with its terms, subject to bankruptcy, insolvency, fraudulent conveyance, reorganization,
moratorium and other laws of general applicability relating to or affecting creditors’ rights and to general equitable principles
(whether considered in a proceeding in equity or law); and

 

		(l)	the execution and delivery by the undersigned of this letter
agreement and the fulfillment of and compliance with the terms hereof by the undersigned do not and shall not as of each Closing Date
(a) conflict with or result in a breach by the undersigned of the terms, conditions or provisions of, (b) constitute a default under,
(c) result in the creation of any lien, security interest, charge or encumbrance upon the undersigned’s equity or assets under,
(d) result in a violation of, or (e) require any authorization, consent, approval, exemption or other action by or notice or declaration
to, or filing with, any court or administrative or governmental body or agency pursuant to the undersigned’s organizational documents
in effect on the date hereof or as may be amended prior to completion of the contemplated IPO, or any material law, statute, rule or
regulation to which the undersigned is subject, or any agreement, instrument, order, judgment or decree to which the undersigned is subject,
except for any filings required after the date hereof under federal or state securities laws.

 

    3

     

    

 

All of the representations
and warranties contained herein shall survive each Closing Date. Except as otherwise expressly provided herein, all covenants and agreements
contained in this letter agreement by or on behalf of any of the parties hereto shall bind and inure to the benefit of the respective
successors of the parties hereto whether so expressed or not. Notwithstanding the foregoing or anything to the contrary herein, the parties
may not assign this letter agreement, other than assignments by the undersigned to affiliates thereof (including, without limitation one
or more of its members). This letter agreement may not be amended, modified or waived as to any particular provision, except by a written
instrument executed by the parties hereto.

 

Whenever possible, each provision
of letter agreement shall be interpreted in such manner as to be effective and valid under applicable law, but if any provision of this
letter agreement is held to be prohibited by or invalid under applicable law, such provision shall be ineffective only to the extent of
such prohibition or invalidity, without invalidating the remainder of this letter agreement. This letter agreement may be executed simultaneously
in two or more counterparts, none of which need contain the signatures of more than one party, but all such counterparts taken together
shall constitute one and the same agreement.

 

Any notice, consent or request
to be given in connection with any of the terms or provisions of this letter agreement shall be in writing and shall be sent by express
mail or similar private courier service, by certified mail (return receipt requested), by hand delivery or electronic transmission.

 

This letter agreement shall
be deemed to be a contract made under the laws of the State of New York and for all purposes shall be construed in accordance with the
internal laws of the State of New York, without giving effect to conflicts of law principles that would result in the application of the
laws of another jurisdiction.

 

This letter agreement may
be terminated by the Company or the undersigned at any time after [   ], 2021 upon written notice to the other party hereto if the closing
of the IPO does not occur prior to such date.

 

[Signature Page Follows]

 

    4

     

    

 

	 	Very truly yours,
	 	 
	 	SOVA CAPITAL LIMITED
	 	 	 
	 	By:	 
	 	 	Name:
	 	 	Title:

 

	Accepted and Agreed:	 
	 	 	 	 
	oxus ACQUISITION CORP.	 
	 	 	 	 
	By:	 	 
		Name: 	Kanat Mynzhanov	 
		Title:	Chief Executive Officer	 

 

[Signature Page to Subscription Agreement for Private Warrants]Exhibit 10.2

 

SERVICE
AGREEMENT

 

THIS
AGREEMENT made as of the 5th day of July 2021 (the “Effective Date”).

 

BETWEEN:

 

Slinger
Bag Inc., a Nevada company

 

(the
“Company”)

 

AND:

 

Paul
McKeown, an individual residing in Canada

 

(the
“Executive”)

 

A.
Until the date hereof, the Executive was serving as the Company’s Chief Financial Officer.

 

B.
The Executive now desires to cease his service as the Company’s Chief Financial Officer and, instead, become and serve as the Company’s
Chief Business Integration Officer, which the Company accepts and desires.

 

C.
Each of the Company and the Executive has agreed to the terms and conditions set forth in this Agreement, as evidenced by their respective
execution hereof.

 

NOW
THEREFORE THIS AGREEMENT WITNESSES that, in consideration of the premises and the mutual covenants and agreements herein contained,
the parties hereto covenant and agree as follows:

 

Article
1

CONTRACT
FOR SERVICES

 

	1.1	Resignation
    and Engagement.

 

	 	(a)
    	Resignation
    from the Company’s Chief Financial Officer and Engagement as the Company’s Chief Business Integration Officer. The Executive
    hereby (i) resigns from the position of the Company’s Chief Financial Officer, which the Company accepts, and (ii) is engaged
    as the Company’s Chief Business Integration Officer in accordance with the terms and provisions hereof.
	 	 	 
	 	(b)
    	Unless
    terminated earlier in accordance with the provisions hereof, this Agreement will commence on the Effective Date and will continue
    for a period of three (3) years therefrom (the “Term”).
	 	 	 
	 	(c)
	The
    Executive agrees to faithfully, honestly and diligently serve the Company and to devote the time, attention efforts to further the
    business and legal interests of the Company and utilize his professional skills and care during the Term.

 

    	1

    	 

    

 

	1.2	Duties:
    The Executive’s services hereunder will be provided on the basis of the following terms and conditions:

 

	 	(a)	Reporting
    directly to the Chief Executive Officer of the Company, the Executive will serve as Chief Business Integration Officer;
	 	 	 
	 	(b)	The
    Executive will be responsible for setting and managing the Company’s business integration processes and actions (including
    but not limited to, working with the Company’s Chief Financial Officer and General Counsel in support of the Company’s
    financial reporting and SEC filing process).
	 	 	 
	 	(c)	The
    Executive will faithfully, honestly and diligently serve the Company and co-operate with the Company and utilize maximum professional
    skill and care to ensure that all services rendered hereunder are to the satisfaction of the Company, acting reasonably, and the
    Executive will provide any other services not specifically mentioned herein, but which by reason of the Executive’s capability,
    the Executive knows or ought to know to be necessary to ensure that the best interests of the Company are maintained.
	 	 	 
	 	(d)	The
    Executive will assume, obey, implement and execute such duties, directions, responsibilities, procedures, policies and lawful orders
    as may be determined or given from time to time by the Company.
	 	 	 
	 	(e)	The
    Executive will report the results of his duties hereunder to the Company as it may request from time to time.

 

Article
2

 

COMPENSATION

 

2.1
Remuneration.

 

(a)
Executive shall be paid based on an hourly rate of U.S.
$150 per hour up to a maximum of twelve thousand United States dollars per month unless otherwise agreed, in advance, by the Chief Executive
Officer ($12,000 together with any increases thereto as hereinafter provided, the “Base Salary”). The executive will submit
a detailed invoice documenting hours worked each month. The Base Salary shall be payable from the date hereof in accordance with the
Company’s normal payroll procedures in effect from time to time. All monthly payments of Base Salary shall be paid within the first
ten days of the following calendar month. The Base Salary may be increased by the Board from time to time during the Term, but shall
be reviewed by the Board at least annually. Starting in the second year of this Agreement, Executive’s monthly base salary shall
be increased in accordance withindustry standard compensation for senior executives, so long as the Company has the cash flow available
to do so. At any time at which the Executive wishes to move to a full-time role, the Executive’s monthly base salary shall be increased
in accordance with industry standard compensation for senior executives with similar experience and commensurate with other officers
in the Company (taking into consideration the role & responsibility of individual position performed) .

 

    	2

    	 

    

 

(b)
Executive’s previously received warrants to purchase 1,250,000 shares of common stock and one-time
bonus of 1,500,000 shares of common stock of the Company promptly after the value of the Company’s outstanding stock equals $100
million dollars shall remain in full force and effect, provided that it is hereby agreed that, if the Executive so elects in writing,
the Executive shall be permitted to receive warrants to purchase 1,500,000 shares of common stock at par value instead of 1,500,000 shares.

 

(c)
In addition to the foregoing, the Company will grant the Executive additional compensation in the form of cash or shares in cases of
extraordinary contribution by him to the benefit of the Company as the Board of Directors of the Company will decide.

 

(f)
The Executive’s position with the Company requires a special degree of personal trust, and the Company is not able to supervise
the number of working hours of the Executive. Therefore, the Executive will not be entitled to any additional remuneration whatsoever
for his work with the exception of that specifically set out in this Agreement. The Executive has other business interests and, as such,
shall be permitted to spend such time as the Executive deems necessary or expedient on such interests, so long as there is no adverse
material impact on the Executive’s performance of his obligations hereunder.

 

2.2
Incentive Plans. The Executive will be entitled to participate in any bonus plan or incentive compensation plans (including, without
limitation, equity or option plans, cash bonuses and/or a combination thereof) for its directors, officers or employees adopted by the
Company. The Executive’s bonus payment level will be set at a minimum of 30 % of the annual gross base salary. It
is agreed that any such plans will be retroactive to the Effective Date.

 

2.3
Expenses. The Executive will be reimbursed by the Company for all reasonable business expenses incurred by the Executive in connection
with his duties. This includes, but is not limited to, payments of expenses incurred when traveling abroad and others. The Executive
is granted permission to use his personal credit card and submit a report of such expenses to the Company for immediate re-imbursement
(subject to CEO approval).

 

3

Insurance
and Personal Liability limitations to Executive

 

3.1
Liability Insurance Indemnification. The Company will insure the Executive (including his heirs, executors and administrators) with
coverage under a standard directors’ and officers’ liability insurance policy at the Company’s expense at the same
time the Company so insures its other executives.

 

3.2
Personal Liability Indemnification. In addition to the above noted “D&O Insurance” coverage, the Company shall provide
to the Executive a personal liability indemnification, in mutually agreed upon language. The purpose of such indemnification is to protect
the Executive against personal liability arising from any or all claims, suits, actions, whatsoever associated with the execution of
his duties to the company in good faith.

 

    	3

    	 

    

 

4

CONFIDENTIALITY
AND NON-COMPETITION

 

4.1
Maintenance of Confidential Information.

 

(a)
The Executive acknowledges that, in the course of performing his obligations hereunder, the Executive will, either directly or indirectly,
have access to and be entrusted with confidential information (whether oral, written or by inspection) relating to the Company or its
respective affiliates, associates or customers (the “Confidential Information”).

 

	 	(a)	(b)
    The Executive acknowledges that the Company’s Confidential Information constitutes a proprietary right, which the Company is
    entitled to protect. Accordingly, the Executive covenants and agrees that, as long as he works for the Company, the Executive will
    keep in strict confidence the Company’s Confidential Information and will not, without prior written consent of the Company,
    disclose, use or otherwise disseminate the Company’s Confidential Information, directly or indirectly, to any third party.

 

(c)The
Executive agrees that, upon termination of his services for the Company, he will immediately surrender to the Company all Company Confidential
Information then in his possession or under his control.

 

4.2
Exceptions. The general prohibition contained in Section 4.1 against the unauthorized disclosure, use or dissemination of the Company’s
Confidential Information will not apply in respect of any Company Confidential Information that:

 

(a)
is available to the public generally;

 

(b)
becomes part of the public domain through no fault of the Executive;

 

(c)
is already in the lawful possession of the Executive at the time of receipt of the Company’s Confidential Information; or

 

(d)
is compelled by applicable law or regulation to be disclosed, provided that the Executive gives the Company prompt written notice of
such requirement prior to such disclosure and provides commercially reasonable assistance at the request and expense of the Company,
in obtaining an order protecting the Company’s Confidential Information from public disclosure.

 

    	4

    	 

    

 

5

Termination

 

5.1
Termination of Employment. The Executive’s employment may be terminated only as follows:

 

(a)Termination
by the Company

 

	 	(i)	For
    Cause. The Company may terminate the Executive’s employment for Cause.
	 	 	 
	 	(ii)	Without
    Cause. The Company may terminate Executive’s employment at any time by giving Executive 90 days prior written Notice of the
    termination. In such case, 100% of the Executive’s unvested stock, warrant and option compensation of any nature will vest
    without any further action required on the part of the Executive or the Company and the Company will deliver to the order of the
    Executive promptly upon receipt of a written demand of the Executive such shares of common stock or options at its sole expense as
    become due to Executive hereunder. The Executive’s right to receive compensation whether in cash or securities shall survive
    any termination of this Agreement Without Cause.

 

	 	(b)	(b)
    Termination by the Executive

 

	 	(i)	For
    Good Reason. The Executive may terminate the Executive’s employment with the Company for Good Reason.
	 	 	 
	 	(ii)	Without
    Good Reason. The Executive may voluntarily terminate the Executive’s employment with the Company at any time by giving the
    Company 90 days prior written Notice of the termination.

 

(c)
Termination Upon Death or Disability

 

	 	(iii)	Death.
    The Executive’s employment shall terminate upon the Executive’s death.
	 	 	 
	 	(iv)	Disability.
    The Company may terminate the Executive’s employment upon the Executive’s Disability.

 

    	5

    	 

    

 

	 	(c)	(d)
    For the purpose of this Article 5”Cause” means:

 

	 	(i)	Breach
    of Agreement. Executive’s material breach of Executive’s obligations of this Agreement, not cured after 30 days’
    Notice from the Company.
	 	 	 
	 	(ii)	Gross
    Negligence. Executive’s gross negligence in the performance of Executive’s duties.
	 	 	 
	 	(iii)	Crimes
    and Dishonesty. Executive’s conviction of or a plea of guilty to any crime involving, dishonesty, fraud or moral turpitude.
	 	 	 
	 	(iv)	In
    the event of termination of this agreement for Cause, the Company may terminate the Executive’s employment after 30 days’
    Notice.

 

	 	(d)	(e)
    For the purpose of this Article 5, “Good Reason” means:

 

	 	(i)	Breach
    of Agreement. The Company’s material breach of this Agreement, which breach has not been cured by the Company within 30 days
    after receipt of written notice specifying, in reasonable detail, the nature of such breach or failure from Executive.
	 	 	 
	 	(ii)	Non-Payment.
    The failure of the Company to pay any amount due to Executive hereunder, which failure persists for 30 days after written notice
    of such failure has been received by the Company.
	 	 	 
	 	(iii)	Change
    of Responsibilities/Compensation. Any material reduction in Executive’s title or a material reduction in Executive’s
    duties or responsibilities or any material adverse change in Executive’s Base Salary or any material adverse change in Executive’s
    benefits.
	 	 	 
	 	(iv)	Change
    of Location. Any relocation of the premises at which Executive works to a location more than 20 kilometers from such location, without
    Executive’s consent.

 

	 	(e)	(f)
    It is agreed that in the event of termination of this agreement if the Company decides that the Executive’s services are not
    needed during the termination period, the Company will continue to be responsible for paying cash and equity compensation as defined
    in Article 2 of this Agreement for the entire termination period. Neither the Company, nor the Executive will be entitled to any
    notice, or payment in excess of that specified in this Article 5

 

(g)
Upon the termination (whether for cause, disability, death, without cause, or by way of change of control), the Company shall pay to
Executive on the date required under applicable law: (i) any accrued but unpaid Base Salary for services rendered as of the date of termination,
(ii) (if applicable) any accrued but unpaid vacation pay, and (iii) the business expenses reasonably incurred by the Executive up to
the date of termination or resignation and properly reimbursable, in each case less any applicable deductions or withholdings required
by law.

 

    	6

    	 

    

 

Section
5.2 Termination for Cause, Disability or Death

 

In
the event that this Agreement and the Executive’s employment with the Company is terminated for Cause, the Company shall
provide the Executive written notice thereof and Executive shall be entitled only to the amounts specified in Section 5.1 plus all
vested common shares and, if applicable options and warrants.

 

Section
5.3 Termination without Cause

 

In
the event this Agreement and the Executive’s employment with the Company is terminated by the Company without Cause (other than
for death or Disability or in connection with a change of control), then in addition to the amounts specified in Section 5.1 and subject
to the Executive’s execution and non-revocation of a separation agreement containing a general release and waiver of liability
against the Company and anyone connected with it in form acceptable to the Company, the Executive shall be entitled to receive, and the
Company shall pay the Executive, one (1) years’ Base Salary plus any unpaid salary & or bonuses, (less statutory deductions
and withholdings), plus any outstanding expenses the Executive incurred on his personal credit card in a single lump sum, paid in full
within 30 days of termination. Further, Executive shall be entitled to all vested common shares and, if applicable, options and warrants
with vesting continuing for 12 months following termination as applicable.

 

6

Mutual
Representations

 

6.1
The Executive represents and warrants to the Company that the execution and delivery of this Agreement and the fulfillment of the
terms hereof

 

(a)
will not constitute a default under or conflict with any agreement or other instrument to which he is a party or by which he is bound;
and

 

(b)
do not require the consent of any person or entity.

 

6.2
The Company represents and warrants to the Executive that this Agreement has been duly authorized, executed and delivered by the Company
and that the fulfillment of the terms hereof

 

	 	(f)	(a)
    will not constitute a default under or conflict with any agreement of other instrument to which it is a party or by which it is bound;
    and
	 	 	 
	 	(g)	(b)
    do not require the consent of any person of entity.

 

6.3
Each party hereto warrants and represents to the other that this Agreement constitutes the valid and binding obligation of such party
enforceable against such party in accordance with its terms subject to applicable bankruptcy, insolvency, moratorium and similar laws
affecting creditors’ rights generally, and subject, as to enforceability, to general principles of equity (regardless if enforcement
is sought in proceeding in equity or at law).

 

    	7

    	 

    

 

7

Notices

 

7.1
Notices. All notices required or allowed to be given under this Agreement must be made either personally by delivery to or by facsimile
transmission to the address as hereinafter set forth or to such other address as may be designated from time to time by such party in
writing:

 

	 	(h)	(a)
    in the case of the Company, to:

 

Slinger
Bag Inc.

 

To
be provided under separate cover within three days after the date hereof; in the event that Executive does not receive notice of address
within such period, then Executive shall be entitled to send any notice to any email address of the Company known to Executive and the
sending of any such notice shall constitute receipt of notice whether the Company receives such notice or not.

 

(b)
and in the case of the Executive, to the Executive’s last residence address known to the Company or the executives personal email
address held by the company.

 

6.2
Change of Address. Any party may, from time to time, change its address for service hereunder by written notice to the other party
in the manner aforesaid.

 

8

GENERAL

 

8.1
Further Assurances. Each party hereto will promptly and duly execute and deliver to the other party such further documents and assurances
and take such further action as such other party may from time to time reasonably request in order to more effectively carry out the
intent and purpose of this Agreement and to establish and protect the rights and remedies created or intended to be created hereby.

 

8.2
Waiver. No provision hereof will be deemed waived and no breach excused, unless such waiver or consent excusing the breach is made
in writing and signed by the party to be charged with such waiver or consent. A waiver by a party of any provision of this Agreement
will not be construed as a waiver of a further breach of the same provision.

 

8.3
Amendments in Writing. No amendment, modification or rescission of this Agreement will be effective unless set forth in writing and
signed by the parties hereto.

 

    	8

    	 

    

 

8.4
Assignment. Except as herein expressly provided, the respective rights and obligations of the Executive and the Company under this
Agreement will not be assignable by either party without the written consent of the other party and will, subject to the foregoing, inure
to the benefit of and be binding upon the Executive and the Company and their permitted successors or assigns. Nothing herein expressed
or implied is intended to confer on any person other than the parties hereto any rights, remedies, obligations or liabilities under or
by reason of this Agreement. For the avoidance of doubt, it is agreed that in the event that the Company participates in a merger, acquisition,
restructuring, reorganization or other transaction in which the Company is merged into, sold to or otherwise becomes part of or owned
by another company or entity, this Agreement will remain in force and be binding on any such successor, surviving or acquiring company
or entity.

 

8.5
The Company acknowledges and agrees that the Executive may submit to the Company invoices from a company that employs him in lieu of
invoices on his name. The Executive confirms that any such invoice will replace his own invoice and he agrees that his fees will be paid
by the Company to third parties provided that it is done as per his instructions to the Company.

 

8.6
Severability. In the event that any provision contained in this Agreement is declared invalid, illegal or unenforceable by a court
or other lawful authority of competent jurisdiction, such provision will be deemed not to affect or impair the validity or enforceability
of any other provision of this Agreement, which will continue to have full force and effect.

 

8.7
Headings. The headings in this Agreement are inserted for convenience of reference only and will not affect the construction or interpretation
of this Agreement.

 

8.8
Number and Gender. Wherever the singular or masculine or neuter is used in this Agreement, the same will be construed as meaning
the plural or feminine or a body politic or corporate and vice versa where the context so requires.

 

8.9
Time. Time is of the essence in this Agreement.

 

8.10
Governing Law. This Agreement will be construed and interpreted in accordance with the laws of the State of New York without reference
to its conflicts of laws principles or the conflicts of laws principles of any other jurisdiction, and each of the parties hereto expressly
attorns to the jurisdiction of the courts of the State of New York The sole and exclusive place of jurisdiction in any matter arising
out of or in connection with this Agreement will be the applicable New York state or federal court.

 

8.11
This Agreement (including all Annexes thereto) constitutes the entire agreement between the Parties with respect to the subject matter
thereof and supersedes all prior agreements, understandings and negotiations, both written and oral, between the Parties with respect
to this matter. 

 

    	9

    	 

    

 

IN
WITNESS WHEREOF, the parties hereto have executed this Agreement effective as of the date and year first above written.

 

Slinger
Bag Inc.

 

		 

	Title:	Chief Executive Officer

 

Agreed
and accepted:

 

Paul
McKeown

 

    	10

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