Document:

Exhibit 10.33

 

CERTAIN CONFIDENTIAL PORTIONS OF THIS EXHIBIT HAVE BEEN OMITTED AND REPLACED WITH “[***]”. SUCH IDENTIFIED INFORMATION HAS
BEEN EXCLUDED FROM THIS EXHIBIT BECAUSE IT IS (I) NOT MATERIAL AND (II) WOULD LIKELY CAUSE COMPETITIVE HARM TO THE COMPANY IF DISCLOSED.

 

AMENDMENT THREE

TO

THE MASTER AGREEMENT CW232350

 

This Amendment Three (“Amendment”)
to Master Services Agreement dated January 4, 2008 by JPMorgan Chase Bank, N.A. (“JPMC”)
and CompoSecure LLC (“Supplier”) (“Master
Agreement”) is made and entered into as of Last Signature Date (“Amendment
Effective Date”) by JPMC, and Supplier.

 

WHEREAS, JPMC and Supplier have entered into the Master Agreement,
and

 

WHEREAS, JPMC and Supplier now wish to amend the Master Agreement
as set forth herein.

 

NOW, THEREFORE, in consideration of the foregoing premises and
the promises, terms and conditions set forth below and other good and valuable consideration, the receipt and sufficiency of which are
hereby acknowledged, the parties hereto, intending to be legally bound, agree as follows.

 

Amendments:

 

1.       Amendment
to Section 4.2 – Payments: Section 4.2 entitled Payments is hereby added with the language as follows:

 

“JPMC directs Supplier
to send all final invoices to its designated payment administrator, High Road Advisory Group (“High
Road”) for final processing and payment, solely for JPMC’s
convenience. JPMC represents that it will cause High Road to pay Supplier in accordance with the payment terms in the Agreement. If High
Road fails to do so, JPMC guarantees all payment obligations and agrees to make payment to Supplier for any overdue amounts immediately
upon request. All pre-invoice administration shall continue between Supplier and JPMC. Upon approval of a final invoice by JPMC, High
Road will be authorized by JPMC to include the approved invoice into the Ariba system for processing. The addition of High Road as an
administrator shall in no event extend the payment terms or period contained in the Agreement. Payment of final invoices by High Road
to Supplier shall be reduced by an amount equal to [***] from execution of
this Amendment, of the final invoiced amount, provided, however, such discount shall not apply to any amounts for postage, freight and
taxes.”

 

2.       Except
as expressly amended herein, the Agreement remains in full force and effect.

 

3.       Terms
not defined herein shall be as defined in the Agreement.

 

4.       By
executing this Amendment, the parties hereto ratify and confirm the terms of the Agreement, as modified by the terms of this Amendment.

 

5.       This
Amendment may be executed in one or more counterparts, each of which shall for all purposes be deemed to be an original and all of which
shall constitute the same instrument.

 

6.       If
there shall be any conflict in the terms and conditions of the Agreement and the terms and conditions of this Amendment, the terms and
conditions of this Amendment shall control and be binding.

 

7.       All
references in the Agreement in and/or to “this Agreement” and
words of a like nature shall be deemed to refer to the Agreement, as amended and supplemented by this Amendment.

 

    Page 1 of 2

     

    

 

IN WITNESS WHEREOF, JPMC and Supplier have
caused duly authorized representatives of their respective companies to execute this Amendment as of the Amendment Effective Date.

 

	JPMORGAN CHASE BANK, NATIONAL	COMPOSECURE LLC
	ASSOCIATION	 	 
	 	 	 
	By:	/s/ Nicholas J. Hamulak	 	By:	/s/ Jonathan Wilk
	Name:	Nicholas J. Hamulak	 	Name:	Jonathan Wilk
	Title:	Vice President	 	Title:	CEO
	Date:	10/7/19	 	Date:	10/7/19

 

    Page 2 of 2Exhibit 10.1

 

EMPLOYMENT AGREEMENT

 

This EMPLOYMENT
AGREEMENT (the “Agreement”), is entered into as of December 27, 2021 (the “Effective Date”), by
and between Color Star Technology Co., Ltd., a Cayman Islands corporation (the “Company”), and Ahmad Khalfan Ahmad
Saeed Almansoori, an individual (the “Director”). Except with respect to the direct employment of the Director by the
Company, the term “Company” as used herein with respect to all obligations of the Director hereunder shall be deemed to include
the Company and all of its subsidiaries and affiliated entities (collectively, the “Group”).

 

RECITALS

 

A. The Company desires to
employ the Director as a member of the Company’s board of directors (the “Board”), chairman of the Company’s
compensation committee (the “Compensation Committee”), a member of the Company’s audit committee (the “Audit
Committee”), and a member of the Company’s nominating and corporate governance committee (the “Nominating and
Corporate Governance Committee”) to assure itself of the services of the Director during the term of Employment (as defined
below).

 

B. The Director desires to
be employed by the Company as a member of the Board of Directors, the chairman of the Compensation Committee, a member of the Audit Committee,
and a member of the Nominating and Corporate Governance Committee during the term of Employment and upon the terms and conditions of this
Agreement.

 

AGREEMENT

 

The parties hereto agree as follows:

 

		1.	POSITION

 

The Director hereby accepts the positions
as a member of the Board of Directors, the chairman of the Compensation Committee, a member of the Audit Committee, and a member of the
Nominating and Corporate Governance Committee (the “Employment”) of the Company.

 

		2.	TERM

 

Subject to the terms and conditions of this Agreement, the
term of the Employment shall commence on the Effective Date, until the Company’s next annual meeting of shareholders and until Director’s
earlier death, resignation or removal.

 

		3.	DUTIES AND RESPONSIBILITIES

 

		(a)	The Director’s duties at the Company will include all jobs assigned by the Company’s Board.

 

		(b)	The Director shall devote all of his working time, attention and skills to the performance of his duties
at the Company and shall faithfully and diligently serve the Company in accordance with this Agreement, the Certificate of Incorporation
and Bylaws of the Company, as amended and restated from time to time (the “Charter Documents”), and the guidelines,
policies and procedures of the Company approved from time to time by the Board.

 

		(c)	The Director shall use his best efforts to perform his duties hereunder. The Director shall not, without
the prior written consent of the Board, become an employee of any entity other than the Company and any subsidiary or affiliate of the
Company, and shall not be concerned or interested in any business or entity that engages in the same business in which the Company engages
(any such business or entity, a “Competitor”), provided that nothing in this clause shall preclude the Director from
holding any shares or other securities of any Competitor that is listed on any securities exchange or recognized securities market anywhere
if such shares or securities represent less than 5% of the competitors outstanding shares and securities. The Director shall notify the
Company in writing of his interest in such shares or securities in a timely manner and with such details and particulars as the Company
may reasonably require.

 

     

     

    

 

 

		4.	NO BREACH OF CONTRACT

 

The Director hereby represents to the
Company that: (i) the execution and delivery of this Agreement by the Director and the performance by the Director of the Director’s
duties hereunder shall not constitute a breach of, or otherwise contravene, the terms of any other agreement or policy to which the Director
is a party or otherwise bound, except for agreements entered into by and between the Director and any member of the Group pursuant to
applicable law, if any; (ii) that the Director has no information (including, without limitation, confidential information and trade secrets)
relating to any other person or entity which would prevent, or be violated by, the Director entering into this Agreement or carrying out
his duties hereunder; (iii) that the Director is not bound by any confidentiality, trade secret or similar agreement (other than this)
with any other person or entity except for other member(s) of the Group, as the case may be.

 

		5.	COMPENSATION AND BENEFITS

 

		(a)	Base Salary. The Director’s
                                            base salary shall be $3,000 per month, paid in accordance with the Company’s regular
                                            payroll practices, and such compensation is subject to annual review and adjustment by the
                                            Board.

 

		(b)	Bonus. The Director shall be eligible for Bonuses determined by the Board.

 

		(c)	Equity Incentives. To the extent the Company adopts and maintains a share incentive plan, the Director
will be eligible to participate in such plan pursuant to the terms thereof as determined by the Board.

 

		(d)	Benefits. The Director is eligible for participation in any standard employee benefit plan of the
Company that currently exists or may be adopted by the Company in the future, including, but not limited to, any retirement plan, life
insurance plan, health insurance plan and travel/holiday plan.

 

		(e)	Expenses. The Director shall be entitled to reimbursement by the Company for all reasonable ordinary
and necessary travel and other expenses incurred by the Director in the performance of his duties under this Agreement; provided that
he properly accounts for such expenses in accordance with the Company’s policies and procedures.

 

		6.	TERMINATION OF THE AGREEMENT

 

(a) By the Company.

 

(i) For Cause. The Company may
terminate the Employment for cause, at any time, without notice or remuneration (unless notice or remuneration is specifically required
by applicable law, in which case notice or remuneration will be provided in accordance with applicable law), if:

 

(1) the
Director is convicted or pleads guilty to a felony or to an act of fraud, misappropriation or embezzlement,

 

(2) the
Director has been grossly negligent or acted dishonestly to the detriment of the Company,

 

(3) the
Director has engaged in actions amounting to willful misconduct or failed to perform his duties hereunder and such failure continues after
the Director is afforded a reasonable opportunity to cure such failure; or

 

(4) the
Director violates Section 7 or 9 of this Agreement.

 

Upon termination for cause, the Director
shall be entitled to the amount of base salary earned and not paid prior to termination. However, the Director will not be entitled to
receive payment of any severance benefits or other amounts by reason of the termination, and the Director’s right to all other benefits
will terminate, except as required by any applicable law.

 

 

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(ii) For death and disability.
The Company may also terminate the Employment, at any time, without notice or remuneration (unless notice or remuneration is specifically
required by applicable law, in which case notice or remuneration will be provided in accordance with applicable law), if:

 

(1) the Director
has died, or

 

(2) the
Director has a disability which shall mean a physical or mental impairment which, as reasonably determined by the Board, renders the Director
unable to perform the essential functions of his employment with the Company, with or without reasonable accommodation, for more than
120 days in any 12-month period, unless a longer period is required by applicable law, in which case that longer period would apply.

 

Upon termination for death or disability,
the Director shall be entitled to the amount of base salary earned and not paid prior to termination. However, the Director will not be
entitled to receive payment of any severance benefits or other amounts by reason of the termination, and the Director’s right to
all other benefits will terminate, except as required by any applicable law.

 

(iii) Without Cause. The Company
may terminate the Employment without cause, at any time, upon a prior written notice. Upon termination without cause, the Company shall
provide the following severance payments and benefits to the Director: (1) a lump sum cash payment equal to 12 months of the Director’s
base salary as of the date of such termination; (2) a lump sum cash payment equal to a pro-rated amount of his target annual bonus for
the year immediately preceding the termination, if any; (3) payment of premiums for continued health benefits under the Company’s
health plans for 12 months following the termination, if any; and (4) immediate vesting of 100% of the then-unvested portion of any outstanding
equity awards held by the Director.

 

Upon termination without, the Director shall be entitled
to the amount of base salary earned and not paid prior to termination.

 

(iv) Change of Control Transaction.
If the Company or its successor terminates the Employment upon a merger, consolidation, or transfer or sale of all or substantially all
of the assets of the Company with or to any other individual(s) or entity (the “Change of Control Transaction”),
the Director shall be entitled to the following severance payments and benefits upon such termination: (1) a lump sum cash payment equal
to 12 months of the Director’s base salary at a rate equal to the greater of his/her annual salary in effect immediately prior to
the termination, or his/her then current annual salary as of the date of such termination; (2) a lump sum cash payment equal to a pro-rated
amount of his/her target annual bonus for the year immediately preceding the termination; and (3) immediate vesting of 100% of the then-unvested
portion of any outstanding equity awards held by the Director.

 

		(b)	By the Director. The Director may terminate the Employment at any time with a prior written notice
to the Company, if (1) there is a material reduction in the Director’s authority, duties and responsibilities, or (2) there is a
material reduction in the Director’s annual salary. Upon the Director’s termination of the Employment due to either of the
above reasons, the Company shall provide compensation to the Director equivalent to 12 months of the Director’s base salary that
he is entitled to immediately prior to such termination. In addition, the Director may resign prior to the expiration of the Agreement
if such resignation is approved by the Board or an alternative arrangement with respect to the Employment is agreed to by the Board.

 

		(c)	Notice of Termination. Any termination of the Director’s employment under this Agreement
shall be communicated by written notice of termination from the terminating party to the other party.

 

 

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		7.	CONFIDENTIALITY AND NON-DISCLOSURE

 

		(a)	Confidentiality and Non-disclosure. The Director hereby agrees at all times during the term of
the Employment and after his termination, to hold in the strictest confidence, and not to use, except for the benefit of the Company,
or to disclose to any person, corporation or other entity without prior written consent of the Company, any Confidential Information.
The Director understands that “Confidential Information” means any proprietary or confidential information of the Company,
its affiliates, or their respective clients, customers or partners, including, without limitation, technical data, trade secrets, research
and development information, product plans, services, customer lists and customers, supplier lists and suppliers, software developments,
inventions, processes, formulas, technology, designs, hardware configuration information, personnel information, marketing, finances,
information about the suppliers, joint ventures, franchisees, distributors and other persons with whom the Company does business, information
regarding the skills and compensation of other employees of the Company or other business information disclosed to the Director by or
obtained by the Director from the Company, its affiliates, or their respective clients, customers or partners, either directly or indirectly,
in writing, orally or otherwise, if specifically indicated to be confidential or reasonably expected to be confidential. Notwithstanding
the foregoing, Confidential Information shall not include information that is generally available and known to the public through no fault
of the Director.

 

		(b)	Company Property. The Director understands that all documents (including computer records, facsimile
and e-mail) and materials created, received or transmitted in connection with his work or using the facilities of the Company are property
of the Company and subject to inspection by the Company at any time. Upon termination of the Director’s employment with the Company
(or at any other time when requested by the Company), the Director will promptly deliver to the Company all documents and materials of
any nature pertaining to his work with the Company and will provide written certification of his compliance with this Agreement. Under
no circumstances will the Director have, following his termination, in his possession any property of the Company, or any documents or
materials or copies thereof containing any Confidential Information.

 

		(c)	Former Employer Information. The Director agrees that he has not and will not, during the term
of his employment, (i) improperly use or disclose any proprietary information or trade secrets of any former employer or other person
or entity with which the Director has an agreement or duty to keep in confidence information acquired by Director, if any, or (ii) bring
into the premises of the Company any document or confidential or proprietary information belonging to such former employer, person or
entity unless consented to in writing by such former employer, person or entity. The Director will indemnify the Company and hold it harmless
from and against all claims, liabilities, damages and expenses, including reasonable attorneys’ fees and costs of suit, arising
out of or in connection with any violation of the foregoing.

 

		(d)	Third Party Information. The Director recognizes that the Company may have received, and
in the future may receive, from third parties their confidential or proprietary information subject to a duty on the Company’s part
to maintain the confidentiality of such information and to use it only for certain limited purposes. The Director agrees that the Director
owes the Company and such third parties, during the Director’s employment by the Company and thereafter, a duty to hold all such
confidential or proprietary information in the strictest confidence and not to disclose it to any person or firm and to use it in a manner
consistent with, and for the limited purposes permitted by, the Company’s agreement with such third party.

 

This Section 7 shall survive the termination
of this Agreement for any reason. In the event the Director breaches this Section 7, the Company shall have right to seek remedies permissible
under applicable law.

 

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		8.	CONFLICTING EMPLOYMENT.

 

The Director hereby
agrees that, during the term of his employment with the Company, he or she will not engage in any other employment, occupation, consulting
or other business activity related to the business in which the Company is now involved or becomes involved during the term of the Director’s
employment, nor will the Director engage in any other activities that conflict with his obligations to the Company without the prior written
consent of the Company.

 

		9.	NON-COMPETITION AND NON-SOLICITATION

 

In consideration
of the salary paid to the Director by the Company and subject to applicable law, the Director agrees that during the term of the Employment
and for a period of one (1) year following the termination of the Employment for whatever reason:

 

		(a)	The Director will not approach clients, customers or contacts of the Company or other persons or entities
introduced to the Director in the Director’s capacity as a representative of the Company for the purposes of doing business with
such persons or entities which will harm the business relationship between the Company and such persons and/or entities;

 

		(b)	The Director will not assume employment with or provide services as a director or otherwise for any Competitor,
or engage, whether as principal, partner, licensor or otherwise, in any Competitor; and

 

		(c)	The Director will not seek, directly or indirectly, by the offer of alternative employment or other inducement
whatsoever, to solicit the services of any employee of the Company employed as at or after the date of such termination, or in the year
preceding such termination.

 

The provisions contained
in Section 9 are considered reasonable by the Director and the Company. In the event that any such provisions should be found to be void
under applicable laws but would be valid if some part thereof was deleted or the period or area of application reduced, such provisions
shall apply with such modification as may be necessary to make them valid and effective.

 

This Section 9 shall
survive the termination of this Agreement for any reason. In the event the Director breaches this Section 9, the Director acknowledges
that there will be no adequate remedy at law, and the Company shall be entitled to injunctive relief and/or a decree for specific performance,
and such other relief as may be proper (including monetary damages if appropriate). In any event, the Company shall have right to seek
all remedies permissible under applicable law.

 

		10.	WITHHOLDING TAXES

 

Notwithstanding
anything else herein to the contrary, the Company may withhold (or cause there to be withheld, as the case may be) from any amounts otherwise
due or payable under or pursuant to this Agreement such national, provincial, local or any other income, employment, or other taxes as
may be required to be withheld pursuant to any applicable law or regulation.

 

		11.	ASSIGNMENT

 

This Agreement is
personal in its nature and neither of the parties hereto shall, without the consent of the other, assign or transfer this Agreement or
any rights or obligations hereunder; provided, however, that (i) the Company may assign or transfer this Agreement or any rights or obligations
hereunder to any member of the Group without such consent, and (ii) in the event of a Change of Control Transaction, this Agreement shall,
subject to the provisions hereof, be binding upon and inure to the benefit of such successor and such successor shall discharge and perform
all the promises, covenants, duties, and obligations of the Company hereunder.

 

		12.	SEVERABILITY

 

If any provision
of this Agreement or the application thereof is held invalid, the invalidity shall not affect other provisions or applications of this
Agreement which can be given effect without the invalid provisions or applications and to this end the provisions of this Agreement are
declared to be severable.

 

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		13.	ENTIRE AGREEMENT

 

This Agreement constitutes
the entire agreement and understanding between the Director and the Company regarding the terms of the Employment and supersedes all prior
or contemporaneous oral or written agreements concerning such subject matter, including any prior agreements between the Director and
a member of the Group. The Director acknowledges that he or she has not entered into this Agreement in reliance upon any representation,
warranty or undertaking which is not set forth in this Agreement. Any amendment to this Agreement must be in writing and signed by the
Director and the Company.

 

		14.	GOVERNING LAW; JURISDICTION

 

This Agreement shall be governed by and construed in accordance
with the laws of the Cayman Islands.

 

		15.	AMENDMENT

 

This Agreement may
not be amended, modified or changed (in whole or in part), except by a formal, definitive written agreement expressly referring to this
Agreement, which agreement is executed by both of the parties hereto.

 

		16.	WAIVER

 

Neither the failure
nor any delay on the part of a party to exercise any right, remedy, power or privilege under this Agreement shall operate as a waiver
thereof, nor shall any single or partial exercise of any right, remedy, power or privilege preclude any other or further exercise of the
same or of any right, remedy, power or privilege, nor shall any waiver of any right, remedy, power or privilege with respect to any occurrence
be construed as a waiver of such right, remedy, power or privilege with respect to any other occurrence. No waiver shall be effective
unless it is in writing and is signed by the party asserted to have granted such waiver.

 

		17.	NOTICES

 

All notices, requests,
demands and other communications required or permitted under this Agreement shall be in writing and shall be deemed to have been duly
given and made if (i) delivered by hand, (ii) otherwise delivered against receipt therefor, or (iii) sent by a recognized courier with
next-day or second-day delivery to the last known address of the other party.

 

		18.	COUNTERPARTS

 

This Agreement may
be executed in any number of counterparts, each of which shall be deemed an original as against any party whose signature appears thereon,
and all of which together shall constitute one and the same instrument. This Agreement shall become binding when one or more counterparts
hereof, individually or taken together, shall bear the signatures of all of the parties reflected hereon as the signatories.

 

Photographic copies of such signed counterparts may be used
in lieu of the originals for any purpose.

 

		19.	NO INTERPRETATION AGAINST DRAFTER

 

Each party recognizes
that this Agreement is a legally binding contract and acknowledges that it, he or she has had the opportunity to consult with legal counsel
of choice. In any construction of the terms of this Agreement, the same shall not be construed against either party on the basis of that
party being the drafter of such terms.

 

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blank]

 

 

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IN WITNESS WHEREOF, this Agreement has been executed as of
the date first written above.

 

	 	Color Star Technology Co., Ltd.
	 	 	 
	 	By:	
	 	Name: 	Lucas Capetian
	 	Title:	Chief Executive Officer and Director
	 	 	 
	 	Director
	 	 	 
	 	By:	
	 	Name:	Ahmad Khalfan Ahmad Saeed Almansoori

 

 

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