Document:

Exhibit 10.13

Monday, 8 February 2021
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Vishwas Joshi
701 A, Bhoomigreen Housing Society,
Raheja Estate, Kulupwadi,
Borivali (East), Mumbai 400 066
India
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Dear Vishwas:
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Re: Appointment as Chief Finance Officer (“CFO”)
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We are extremely pleased to offer you the position of Chief Finance Officer (“CFO”) of International Media Acquisition Corp. (the “Company”) on the terms set forth in this offer letter for a period of twenty-four (24) months from the from the date of listing of the Company on NASDAQ.
(“Term”).
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Scope of Services. The scope of your services to be provided to the Company shall without limitation include all of the matters listed under Appendix A. The services shall be provided as per the directions of the Chief Executive Officer of the Company under the supervision of the Board of Directors of the Company. During the period you shall be reporting to the Chief Executive Officer and be responsible to the Board of the Directors.
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Exclusivity. Your services will be non-exclusive, and you will be eligible to take up any other assignment which does not conflict or compete with your role & responsibilities as a CFO.
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Based on our discussions, you would start with Company on February 1, 2021 (the “Start Date”). As discussed, we plan to announce your decision to join the Company shortly after your acceptance of this offer letter and completion of applicable background checks. The offer under this offer of employment is subject to the approval of the Board of Directors of the Company.
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Compensation. Your consolidated compensation fee for the services provided during the Term shall be $ 400,000 (Four hundred thousand dollars). The said payment (Refer Clarifications in Appendix B) is subject to the Company successfully completing a business combination post the listing of its stock for trading on the NASDAQ. There shall be no payment due to you from the Company if the Company does not proceed and complete the listing on the NASDAQ.
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1604 HWY 130
North Brunswick, NJ, 08902
Tel: 212 960 3677

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Schedule of pay outs will be as follows:
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If the business combination is completed within 12 months of listing: You will be able to draw 50% of $ 400,000 (Four hundred thousand dollars) post 30 days of the business combination.
The balance 50% of $ 400,000 (Four hundred thousand dollars) twenty-four months post days of the business combination.
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If the business combination is completed after 12 months of listing: You will be able to draw the full amount of $ 400,000 (Four hundred thousand dollars) post 30 days of the business combination.
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If the business combination does not happen: You will be able to be paid 10% of $ 400,000 (Four hundred thousand dollars) i.e., 40,000 towards the services offered.
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Post business combination the roles & responsibilities and compensation will be mutually discussed and agreed between both the parties.
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Incentive Compensation. In addition to the abovementioned base salary, you will be eligible for discretionary short- and long-term incentive as may be determined and approved by the Board of Directors of the Company.
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General Terms of Incentive Compensation. In order to be eligible for receiving the Incentive Compensation referenced above, you must remain an active employee of the Company for the equity grants, if any issued to you, to vest in accordance with their terms. Other terms are set forth in the Incentive Plan and related award agreements that provide the grants. In the event of a conflict between the terms of this offer letter and the terms of any incentive plan document of the Company, the terms of the incentive plan document, as applicable, will prevail. Copies of these incentive plans and programs, when formulated will be made available to you upon request.
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Benefits. You may be entitled to additional medical, moving, vacation and disability benefits if agreed with the Board and approved by the Board during the Term. The Company may also have a stock option incentive program at a later date and your enrolment to the scheme shall be at the discretion and decision of the Board of Directors of the Company on recommendation by the Chief Executive Officer of the Company.
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As an executive of the Company, you are expected to continue to manage your personal time off in an efficient manner.  You will not accrue personal time off (PTO) but will be able to take time off at your own discretion.   The Company also recognizes seven (7) holidays during each
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calendar year which may be taken by giving notice or communication to the Chief Executive Officer of the Company.
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The Company’s benefit programs are re-evaluated from time to time and are subject to change or cancellation at any time, at the discretion of the Company.
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Liability Insurance. You will be provided and named as a beneficiary of the Directors & Officers Liability Insurance policy as an officer of the Company as per Company policy.
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Other Conditions. Please note that this offer is subject to our standard practice of conducting a background check. Once you join the Company, you will be subject to all of its policies and procedures. The Company may terminate the employment relationship at any time and for any reason, with or without advance notice. Further, by agreeing to the terms and conditions under this letter and accepting the same by way of signing this letter you hereby provide consent to the Company to be named as an officer of the Company in the various public documents and offer documents to be filed with the SEC for the registration of the stock of the Company proposed to be listed on the NASDAQ.
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No Insider Trading: You acknowledge that you may come into possession of material non-public information about the Company. Accordingly, in the event that the securities of the Company are registered on any stock exchange of global repute including NASDAQ, and the securities becomes capable of being publicly traded, you will not trade (or cause or encourage in any fashion any third party to trade) in any securities of the Company while in possession of any such non-public information regarding the Company and shall further abide by all black-out periods, window periods, and other sales restrictions that the Company may reasonably impose.
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No Public Announcement: You shall not, without the written approval of the management of the Company, make any press release or other public announcement concerning the transactions contemplated or undertaken by the Company at any time.
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Confidentiality and Non-Disclosure: You acknowledge that during the Term, you will have access to Confidential Information about the Company, and that your engagement with the Company shall bring you into close contact with many confidential affairs of the Company, including without limitation, information which is Confidential Information. You hereby undertake that you shall maintain strict confidentiality of all Confidential Information in your possession. You shall not reveal to any third party any Confidential Information without the prior written consent of the Company. Exceptions to your confidentiality obligations are: (i) disclosure of Confidential Information that is or comes into the public domain or becomes generally available to the public other than through your act or omission; (ii) disclosure, after giving prior notice to the Company to the extent practicable under the circumstances, only to
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North Brunswick, NJ, 08902
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the extent required under applicable law or governmental regulations or judicial process; (iii) Confidential Information already known to you or already in your lawful possession as of the date of its disclosure by the Company.  For this purpose, Confidential Information. means any and all confidential or proprietary information and materials, as well as all trade secrets, belonging to the Company who may have furnished such information to you with expectations of confidentiality and includes without limitation and regardless of whether such information or materials are expressly identified as confidential or proprietary, whether or not stored in any medium: (i) technical information, including but not limited to computer programs, software, methods, know-how, formulae, data, processes, discoveries, machines, inventions, and similar items; (ii) business information and materials, including but not limited to financial information, business plans, business proposals, customer contract terms and conditions, pricing and bidding methodologies and data, sales data, customer lists etc., and similar items; (iii) information relating to future plans, research, pending projects and proposals, proprietary production processes and similar items; (iv) any valuable, information and material and/or trade secrets that are customarily treated as confidential or proprietary, whether or not specifically identified as confidential or proprietary; and (v) the terms of this letter and any other agreements and documents executed by you during your engagement with the Company.
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Vishwas, on behalf of the Company, we are very excited about your decision to join and believe you will bring significant experience and leadership to take the Company to the next level of performance. I am looking forward to continuing to work with you.
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Regards,
Sumit Chadha
/s/ Sumit Chadha
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Director
International Media Acquisition Corp.
Date:  02/08/2021
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AGREED AND ACCEPTED:
By:
/s/ Vishwas Joshi
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Vishwas Joshi
Date: 02/08/2021
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Appendix A
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Scope and Responsibilities
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		1.
	Responsible for the overall financial management of Company.

		2.
	Responsible for the financial control of Company’s operations.

		3.
	To provide reports to the CEO, Board, and the Chairman

		4.
	Overall supervision of the compliance, statutory and regulatory requirements of the Company, affiliates, and investee companies.

		5.
	To lead the elaboration of Company’s annual budget in coordination with the CEO and the Head of each Department.

		6.
	To be a representative or nominee director of the Company on such company or business as per the directions of the Board of the Company or the Chairman.

		7.
	To manage Company accounting and financial systems and maintain full and accurate accounting records with the support of accountants and managers.

		8.
	To provide leadership and coordination in accounting and budgeting efforts for Company.

		9.
	To produce regulatory, statutory and management financial reporting including monitoring and ensuring the economic substance regulations relating to the company and the group.

		10.
	To lead the negotiation process with banks and other financial institutions.

		11.
	To solve budgetary and other financial operational issues.

		12.
	To provide the various Board Committees including Executive Committee, Human Resources, Remuneration Committee, Corporate Governance Committee, and the Investment Committee with recommendations on developing and implementing the finance strategies in relation with Company and its strategic goals.

		13.
	To prepare and review all financial statements and accounting activities produced by the accounting department (or outsourced company).

		14.
	To manage Company’s finance department in compliance with regulations and put in place the necessary financial policies to achieve such target.

		15.
	To develop and manage Company’s overall finances and resources.

		16.
	To ensure the use of financial resources and activities in Company are in line with corporate strategic plans, targets and budget.

		17.
	To setup and implement budget/cost control procedures.

		18.
	Such other matters as may be directed by the Board of the Company.

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Post business combination the roles & responsibilities and compensation will be mutually discussed between both the parties.
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1604 HWY 130
North Brunswick, NJ, 08902
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Appendix B
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Clarification on US Withholding Tax
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As per Company’s understanding there is no withholding tax impact on remittance from US to Individual in India for Professional services provided as per Article 15 of India-US DTAA (As below). However, the Individual should not perform such Professional Service based out of US or should not stay more than 90 days in US in a year.
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ARTICLE 15
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INDEPENDENT PERSONAL SERVICES
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Income derived by a person who is an individual or firm of individuals (other than a company) who is a resident of a Contracting State from the performance in the other Contracting State of professional services or other independent activities of a similar character shall be taxable only in the first-mentioned State except in the following circumstances when such income may also be taxed in the other Contracting State:
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		(a)
	if such person has a fixed base regularly available to him in the other Contracting State for the purpose of performing his activities; in that case, only so much of the income as is attributable to that fixed base may be taxed in that other State; or

		(b)
	if the person's stay in the other Contracting State is for a period or periods amounting to or exceeding in the aggregate 90 days in the relevant taxable year.

The term "professional services" includes independent scientific, literary, artistic, educational or teaching activities as well as the independent activities of physicians, surgeons, lawyers, engineers, architects, dentists and accountants.
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Your compensation of $ 400,000 is based on this understanding. The withholding tax if applicable will be paid separately by the company to tax authorities and will not be deducted from $ 400,000.
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Clarification on GST
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GST is exempt on Export of Services. However, you should submit LUT prior to raising invoice.
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You will have to register for GST and be responsible for obligations thereof.

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1604 HWY 130
North Brunswick, NJ, 08902
Tel: 212 960 3677​

Exhibit 10.14
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THIS AMENDED AND RESTATED NOTE HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”). THIS AMENDED AND RESTATED NOTE HAS BEEN ACQUIRED FOR INVESTMENT ONLY AND MAY NOT BE SOLD, TRANSFERRED OR ASSIGNED IN THE ABSENCE OF REGISTRATION OF THE RESALE THEREOF UNDER THE SECURITIES ACT OR AN OPINION OF COUNSEL REASONABLY SATISFACTORY IN FORM, SCOPE AND SUBSTANCE TO THE COMPANY THAT SUCH REGISTRATION IS NOT REQUIRED.
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AMENDED AND RESTATED PROMISSORY NOTE
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	Principal Amount: $750,000
	Dated as of March 29, 2022

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This Amended and Restated Promissory Note (the “Amended and Restated Note”) by and between Content Creation Media LLC (the “Payee”) and International Media Acquisition Corp., a Delaware corporation (the “Maker”), amends and restates in its entirety and supersedes that certain Promissory Note by and between the Payee and the Maker dated as of January 14, 2022.
The Payee hereby promises to loan to the Maker, an aggregate amount of up to Seven Hundred and Fifty Thousand Dollars ($750,000) in three installments of (i) up to One Hundred and Ninety-Five Thousand Dollars ($195,000) prior to February 28, 2022, (ii) up to Three Hundred and Fifty-Five Thousand Dollars ($355,000) no later than April 30, 2022, and (iii) up to Two Hundred Thousand Dollars ($200,000) no later than June 30, 2022, upon the request by the Maker at the Maker’s discretion.  Upon making such loan, Maker promises to pay to the order of Payee the principal sum of Seven Hundred and Fifty Thousand Dollars ($750,000) in lawful money of the United States of America, on the terms and conditions described below. All payments on this Amended and Restated Note shall be made by check or wire transfer of immediately available funds or as otherwise determined by the Maker to such account as the Payee may from time to time designate by written notice in accordance with the provisions of this Amended and Restated Note.
	1.
	Principal. The principal balance of this Amended and Restated Note shall be payable promptly after the date on which the Maker consummates an initial business combination (a “Business Combination”) with a target business (as described in the Maker’s intial public offering prospectus dated July 28, 2021 (the “Prospectus”)). The principal balance may be prepaid at any time.

	2.
	Interest. No interest shall accrue on the unpaid principal balance of this Amended and Restated Note.

	3.
	Non-Convertible; Non-Recourse. This Amended and Restated Note shall not be convertible into any securities of Maker, and Payee shall have no recourse with respect to the Payee’s ability to convert this Amended and Restated Note into any securities of Maker.

	4.
	Application of Payments. All payments shall be applied first to payment in full of any costs incurred in the collection of any sum due under this Amended and Restated Note,

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including (without limitation) reasonable attorney’s fees, then to the payment in full of any late charges and finally to the reduction of the unpaid principal balance of this Amended and Restated Note.
	5.
	Events of Default. The following shall constitute an event of default (“Event of Default”):

		(a)
	Failure to Make Required Payments. Failure by Maker to pay the principal of this Amended and Restated Note within five (5) business days following the date when due.

		(b)
	Voluntary Liquidation, Etc. The commencement by Maker of a proceeding relating to its bankruptcy, insolvency, reorganization, rehabilitation or other similar action, or the consent by it to the appointment of, or taking possession by, a receiver, liquidator, assignee, trustee, custodian, sequestrator (or other similar official) for Maker or for any substantial part of its property, or the making by it of any assignment for the benefit of creditors, or the failure of Maker generally to pay its debts as such debts become due, or the taking of corporate action by Maker in furtherance of any of the foregoing.

		(c)
	Involuntary Bankruptcy, Etc. The entry of a decree or order for relief by a court having jurisdiction in the premises in respect of Maker in an involuntary case under any applicable bankruptcy, insolvency or similar law, for the appointing of a receiver, liquidator, assignee, custodian, trustee, sequestrator (or similar official) for Maker or for any substantial part of its property, or ordering the winding-up or liquidation of the affairs of Maker, and the continuance of any such decree or order unstayed and in effect for a period of 60 consecutive days.

	6.
	Remedies.

		(a)
	Upon the occurrence of an Event of Default specified in Section 5(a) hereof, the Payee may, by written notice to Maker, declare this Amended and Restated Note to be due immediately and payable, whereupon the unpaid principal amount of this Amended and Restated Note, and all other amounts payable hereunder, shall become immediately due and payable without presentment, demand, protest or other notice of any kind, all of which are hereby expressly waived, anything contained herein or in the documents evidencing the same to the contrary notwithstanding.

		(b)
	Upon the occurrence of an Event of Default specified in Sections 5(b) and 5(c), the unpaid principal balance of this Amended and Restated Note, and all other sums payable with regard to this Amended and Restated Note, shall automatically and immediately become due and payable, in all cases without any action on the part of the Payee.

	7.
	Waivers. Maker and all endorsers and guarantors of, and sureties for, this Amended and Restated Note waive presentment for payment, demand, notice of dishonor, protest, and notice of protest with regard to the Amended and Restated Note, all errors, defects and imperfections in any proceedings instituted by the Payee under the terms of this Amended

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and Restated Note, and all benefits that might accrue to Maker by virtue of any present or future laws exempting any property, real or personal, or any part of the proceeds arising from any sale of any such property, from attachment, levy or sale under execution, or providing for any stay of execution, exemption from civil process, or extension of time for payment; and Maker agrees that any real estate that may be levied upon pursuant to a judgment obtained by virtue hereof, on any writ of execution issued hereon, may be sold upon any such writ in whole or in part in any order desired by the Payee.
	8.
	Unconditional Liability. Maker hereby waives all notices in connection with the delivery, acceptance, performance, default, or enforcement of the payment of this Amended and Restated Note, and agrees that its liability shall be unconditional, without regard to the liability of any other party, and shall not be affected in any manner by any indulgence, extension of time, renewal, waiver or modification granted or consented to by the Payee, and consents to any and all extensions of time, renewals, waivers, or modifications that may be granted by the Payee with respect to the payment or other provisions of this Amended and Restated Note, and agrees that additional makers, endorsers, guarantors, or sureties may become parties hereto without notice to Maker or affecting Maker’s liability hereunder.

	9.
	Notices. Any notice called for hereunder shall be deemed properly given if (i) sent by certified mail, return receipt requested, (ii) personally delivered, (iii) dispatched by any form of private or governmental express mail or delivery service providing receipted delivery or (iv) sent by facsimile or (v) to the following addresses or to such other address as either party may designate by notice in accordance with this Section:

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	If to Maker:

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	International Media Acquisition Corp.

	1604 US Highway 130

	N Brunswick, NJ 08902

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	If to Payee:

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	Content Creation Media LLC

	1604 US Highway 130

	N Brunswick, NJ 08902

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Notice shall be deemed given on the earlier of (i) actual receipt by the receiving party, (ii) the date shown on a facsimile transmission confirmation, (iii) the date reflected on a signed delivery receipt, or (iv) two (2) Business Days following tender of delivery or dispatch by express mail or delivery service.
	10.
	Construction. THIS AMENDED AND RESTATED NOTE SHALL BE CONSTRUED AND ENFORCED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK, WITHOUT REGARD TO CONFLICT OF LAW PROVISIONS THEREOF.

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	11.
	Jurisdiction. The courts of the State of New York have exclusive jurisdiction to settle any dispute arising out of or in connection with this agreement (including a dispute relating to any non-contractual obligations arising out of or in connection with this agreement) and the parties submit to the exclusive jurisdiction of the courts of New York.

	12.
	Severability. Any provision contained in this Amended and Restated Note which is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof, and any such prohibition or unenforceability in any jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction.

	13.
	Trust Waiver. The Payee has been provided a copy of the Prospectus. Notwithstanding anything herein to the contrary, the Payee hereby waives any and all right, title, interest or claim of any kind (“Claim”) in or to any amounts contained in the trust account in which the proceeds of the initial public offering (the “IPO”) conducted by the Maker and the proceeds of the sale of securities in a private placement that occurred prior to the effectiveness of the IPO, as described in greater detail in the Prospectus, were placed, and hereby agrees not to seek recourse, reimbursement, payment or satisfaction for any Claim from the trust account or any distribution therefrom for any reason whatsoever.  If Maker does not consummate a Business Combination, this Amended and Restated Note shall be repaid only from amounts remaining outside of the trust account, if any.

	14.
	Amendment; Waiver. Any amendment hereto or waiver of any provision hereof may be made with, and only with, the written consent of the Maker and the Payee.

	15.
	Assignment. No assignment or transfer of this Amended and Restated Note or any rights or obligations hereunder may be made by any party hereto (by operation of law or otherwise) without the prior written consent of the other party hereto and any attempted assignment without the required consent shall be void.

	16.
	Further Assurance. The Maker shall, at its own cost and expense, execute and do (or procure to be executed and done by any other necessary party) all such deeds, documents, acts and things as the Payee may from time to time require as may be necessary to give full effect to this Amended and Restated Note.

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IN WITNESS WHEREOF, Maker, intending to be legally bound hereby, has caused this Amended and Restated Note to be duly executed on the day and year first above written.
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	INTERNATIONAL MEDIA ACQUISITION CORP.

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	By:
	/s/ Vishwas Joshi

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	Name:
	Vishwas Joshi

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	Title:
	Chief Financial Officer

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Accepted and Agreed:
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CONTENT CREATION MEDIA LLC.
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	By:
	/s/ Shibasish Sarkar
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	Name:
	Shibasish Sarkar
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	Title:
	Manager
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[Signature Page to Amended and Restated Promissory Note]

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