Document:

Exhibit
10.2

 

HUMAN
RESOURCING AGREEMENT

 

This SUBCONTRACTING
AGREEMENT, being made this 1st day of October 2020 by and between Elvictor Group, Inc., a Nevada corporation
(hereinafter the “Company”) and Elvictor Crew Management Limited (hereinafter the “Contractor”). The
Agreement will become effective on the date of this Agreement as detailed above.

 

WHEREAS,
the Company is performing various commercial contracts [“the contracts”], relating to crew management for motor vessels.

 

WHEREAS,
the Contractor has expertise and specific knowledge in the performance of the said contracts and the industry pertaining these
contracts. Consequently, the Company for efficiency purposes wishes to retain the services of the Contractor for the latter to provide
Consultancy Services as well as to perform the running and management of the Company’s contracts with third-parties and /or provide
and allow certain key personnel of the Contractor to be at the disposal of the Company [“the services’].

 

WHEREAS,
the Contractor is willing to undertake to provide such services as is hereinafter fully set forth:

 

WITNESSETH

 

NOW THEREFORE,
the parties agree as follows:

 

		1.	Term:
                                            This Subcontracting Agreement shall have an indefinite term, provided that this Agreement
                                            may be cancelled by either party at any time with written notice provided sixty (60) days
                                            prior to cancellation.
	 	 	 

		2.	Nature
                                            of Services: The Company hereby engages the Contractor
	 	 	 

		a)	to
                                            render services in relation to the provision of key personnel i.e. human resource services
                                            as well as know how and consultancy on aspects of crew management and more specifically those
                                            services described in the said contracts.
	 	 	 

		b)	Responsibilities
                                            of the Company:
	 	 	 

		a.	The
                                            Company shall provide the Contractor with all information about the Company as reasonably
                                            requested by the Contractor in a timely manner. In addition, executive officers and directors
                                            of the Company shall make themselves available for personal consultations either with the
                                            Contractor and/or third-party designees, subject to reasonable prior notice, pursuant to
                                            the request of the Contractor.
	 	 	 

		b.	The
                                            Company shall provide to the Contractor access to any clients for which the Contractor will
                                            be asked to assist and provide the services.
	 	 	 

		c.	The
                                            Company shall be responsible for invoicing clients for the work performed by the Contractor
                                            and collecting and distributing any fees owed to the Contractor for work performed the relevant
                                            following by the Contractor.

 

     

     

    

 

		c)	Responsibilities of the
Contractor:

 

		a.	The
                                            Contractor shall fulfill all ship crew management and crew manning services and any services
                                            described in the contracts on behalf of the Company pursuant to the Company’s contracts
                                            with third parties, including but not limited to, supplying Crew for individual ships or
                                            vessels, ensuring that such crew has passed required medical examinations, and ensuring that
                                            applicable laws are met regarding the crew members.
	 	 	 

		b.	The
                                            Contractor shall report to the Company on a regular basis to be determined by the Company.

 

		d)	Fees:
                                            For the Services described herein which will be provided to the Company from time to
                                            time over the course of our engagement, the parties mutually agree that the Contractor will
                                            be entitled to fees that will be determined on an ad hoc basis.
	 	 	 

		e)	Expenses:
                                            The Company shall also reimburse the Contractor for actual out-of-pocket expenses and
                                            disbursements including, but not limited to, facsimile, postage, printing, photocopying,
                                            and entertainment, incurred by the Contractor without the prior consent of the Company and
                                            in connection with the performance by the Contractor of its duties hereunder, the Company
                                            shall also reimburse the Contractor for the costs of all travel and related expenses incurred
                                            by the Contractor in connection with the performance of its services hereunder, provided
                                            that all such costs and expenses have been authorized, in advance, by the Company, and the
                                            Contractor shall not charge more than $1000.00 per case, for expenses without the prior written
                                            approval of the Company.

 

		f)	Other Services and Charges:
other charges can be invoiced by the Contractor subject to the conclusion of a written separate agreement.
	 	 	 

		g)	Indemnification: The
Parties agree to indemnify and hold harmless each other and their affiliates, and their respective officers, director, employees, agents
and controlling persons (The Parties and each such other persons and entities being an “Indemnified Party” for the purposes
of this section) from and against any and all losses, claims, damages, and liabilities to which such Indemnified Party may become subject
under any applicable federal or state law, or otherwise related to or arising out of any transaction contemplated by this Agreement and
the performance by the Contractor of the services contemplated by this Agreement, and all reasonable expenses (including reasonable counsel
fees and expenses) as they are incurred in connection the investigation of, preparation for or defense of any pending or threatened claim
or any action or proceeding arising therefrom, whether or not such Indemnified Party is a party thereto; provided that the other party
shall not be liable for any of the foregoing to the extent they arise from the gross negligence or willful misconduct of the Indemnified
Party. The Indemnified Party shall promptly notify the Party from which it is seeking indemnification, in writing, of any such loss,
claim, damage or liability as it is incurred and provide such Party with the opportunity to defend against or settle such matter with
counsel of its choice. Any Party against whom indemnification may be sought shall not be liable to indemnify or provide contribution
for any settlement effected without the indemnifying party’s prior written consent. In the event that the foregoing indemnity is unavailable
or insufficient to hold any Indemnified Party harmless, then the other party shall contribute to the amounts paid or payable by such
Indemnified Party in respect
of such losses, claims in such proportion as is appropriate to reflect not only the relative benefits received by the Parties, but also
the relevant fault of each Party, as well as any other relevant equitable considerations.

 

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		h)	Entire
                                            Agreement: This Agreement contains the entire Agreement between the Parties with respect
                                            to the contents hereof supersedes all prior agreements and understandings between the parties
                                            with the respect to such matters, whether written or oral. Neither this Agreement, nor any
                                            term or provisions hereof may be changed, waived, discharged, or amended in any manner other
                                            than by any instrument in writing, signed by the party against which the enforcement of the
                                            change, waiver, discharge, or amendment is sought.

 

		i)	Counterparts:
                                            This Agreement may be executed in two or more counterparts, each of which shall be an
                                            original but all of which shall constitute one Agreement.

 

		j)	Survival:
                                            Any termination of this Agreement shall not, however, affect the on-going provisions
                                            of this Agreement which shall survive such termination in accordance with their terms.

 

		k)	Disclosure:
                                            Any financial advice rendered by the Contractor pursuant to this Agreement may not be
                                            disclosed publicly in any manner without the prior written approval of the Contractor, unless
                                            required by law or statute or any court, governmental or regulatory agency. All non-public
                                            information given to the Contractor by the Company will be treated by the Contractor as confidential
                                            information and the Contractor agrees not to make use of such information other than in connection
                                            with its performance of this Agreement, provided however that any such information may be
                                            disclosed if required by any court or governmental or regulatory authority, board, or agency.
                                            “Non-public information” shall not include any information which (i) is or becomes
                                            generally available to the public other than as a result of a disclosure by the Contractor;
                                            (ii) was available to the Contractor prior to its disclosure to the Contractor by the Company,
                                            provided that such information is not known by the Contractor to be subject to another confidentiality
                                            agreement with another party; or (iii) becomes available to the Contractor on a non-confidentiality
                                            basis from a source other than the Company, provided that such source is not bound by a confidentiality
                                            agreement with the Company.

 

		1)	Notice:Any or all
notices, designations, consents, offers, acceptance, or other communication provided for herein shall be given in writing and delivered
in person or by registered or certified mail, return receipt requested, directed to the address shown described in the preamble of this
Agreement, unless notice of a change of address is furnished.

 

		m)	Severability: Whenever
possible, each provision of Agreement will be interpreted in such manner as to be effective and valid under applicable law. If any provision
of this Agreement is held to be invalid, illegal, or unenforceable provision had never been contained herein.

 

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		n)	Miscellaneous:

 

		a.	Except
                                            as provided in Section 8, neither the Contractor nor its affiliates, or their respective
                                            officers, directors, employees, agents, or controlling persons shall be liable, responsible,
                                            or accountable in damages or otherwise to the Company or its affiliates, or their respective
                                            officers, directors, employees, agents, or controlling persons for any act or omission performed
                                            or omitted by the Contractor with the respect to the services provided by its pursuant or
                                            otherwise relating to or arising out of this Agreement.

 

		b.	All
                                            final decision making in respect with the performance of the services by the Contractor to
                                            or on behalf of the Company shall rest exclusively with the Company, and Contractor shall
                                            not have any right or authority to bind the Company to any obligation or commitment.

 

		c.	The
                                            parties hereby agree to submit any controversy or claim arising out of or relating to this
                                            Agreement to final binding arbitration administered by the American Arbitration Association
                                            (“AAA”) under its Commercial Arbitration Rules, and further agree that immediately
                                            after the filing of a claim as provided herein they shall in good faith attempt mediation
                                            in accordance with the AAA Commercial Mediation Rules; provided, however, that the proposed
                                            mediation shall not interfere with or in any way impede the progress of arbitration. The
                                            parties also agree that (i) the AAA Optional Rules for Emergency Measures of Protection shall
                                            apply to any proceedings initiated hereunder; (ii) the arbitrator shall be authorized and
                                            empowered to grant any remedy or relief, which the arbitrator deems just and equitable in
                                            nature, including, but not limited to, specific performance, injunction, declaratory judgment
                                            and other forms of provisional relief in addition to a monetary award; (iii) the arbitrator
                                            may make any other decisions including interim, interlocutory or partial findings, orders
                                            and awards to the full extent provided in Rule 45 of the Commercial Arbitration Rules; and
                                            (iv) the arbitrator shall be empowered and authorized to award attorneys’ fees to the prevailing
                                            party in accordance with Rule45 (d).

 

		d.	This
                                            Agreement and the legal relations among the parties hereto shall be governed by and construed
                                            in accordance with the laws of the State of Nevada without regard to the conflicts of laws
                                            principals thereof or the actual domiciles of the parties. Any arbitration or mediation inherited
                                            by the parties as provided herein shall be filed and maintained exclusively with the American
                                            Arbitration Association’s offices located in the state of Florida, and the parties further
                                            agree that the provisions of paragraph 9, above, may be enforced by any court of competent
                                            jurisdiction, and the party seeking enforcement shall be entitled to and award of all costs,
                                            fees and expenses, including attorneys’ fees, to be paid by the party against whom enforcement
                                            is ordered.

 

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Agreeed and accepted on Ocrober 1st 2020 by and between:

 

	The Company:	The Contractor:
	 	 

 

	ELVICTOR GROUP, INC.	 	ELVICTOR CREW MANAGEMENT LIMITED
	 	 	 
	By:	/s/ Konstantinos	 	By:	/s/ Christos leonidou

	Name: 	Konstant Inc
	 	Name: 	Christos Leonidon

	Title:	CEO	 	Title: 	Director

 

 

5Exhibit 10.3

 

REPRESENTATION AGENCY AGREEMENT

 

THIS REPRESENTATION AGENCY AGREEMENT is hereby made and entered
this 11th day of September 2020, between ELVICTOR GROUP INC

 

a corporation duly registered, organised and existing under the laws
of the U.S.A., established in Nevada, operating in New York, having its principal place of business at

30 Wall Street (8th Floor)

New York City NY 10005U.S.A.

(hereinafter referred to as “Principal”)
as lawfully represented.

 

A N D

 

ELVICTOR CREW MANAGEMENT SERVICE LTD.,
a corporation duly registered, organized, operating and existing under the laws of Georgia, having its principal place of business at
32 Gogebadhvili Str., 6000 Batumi, Georgia, referred to as “Agent”.

 

WHEREAS the Principal emphasizes its activities
inter-alia in providing crew services to owners of merchant vessels worldwide, as well as related Ship Managing Services, (Brokering,
Agency, Shipchandling, Repairs etc).

 

WHEREAS the Principal wishes to appoint the Agent
as such with specific abilities and within a certain territory towards the promotion of the Principal’s business, activities and
interest in the field of Crew and Ship Management.

 

NOW THEREFORE, in consideration of the mutual
promises set forth below, the parties agree as follows :

 

		1.	Territory

 

The Principal hereby appoints the Agent as its
Agent/Representative and the Agent accepts such appointment for the territory of Georgia (hereinafter called “the Territory).

 

		2.	Good Faith and Fair Dealing

 

		2.1	In carrying out their obligations under this agreement the
parties will act in accordance with the principles of Good Faith and Fair Dealing as same are defined by either any applicable law or
the international law.

 

		2.2	The provisions of this agreement, as well as any statements made by the parties therewith shall be accordingly
interpreted in good faith and without prejudice.

 

		3.	Agent’s functions and obligations.

 

		3.1	The Agent will use his best efforts to promote the business, activities and interests of the Principal
in the Territory.

 

		3.2.1	For Crew Manning, the Agent shall use its best efforts to
screen and evaluate any and all crew members so as to ensure that those who are employed, are fully qualified, competent, experienced
and licensed for their rank and the service required, in accordance with the Company’s Policy Plan hereby attached (Schedule 1)
and as per STCW’2010 directives and/or any particular requirement from Owners/Vessel.

 

     

    

    

 

		3.2.2	The Agent prior to engagement, shall arrange and ensure that
each seaman has passed a medical examination including Drug and Alcohol Testing, with a qualified doctor, certifying that he is fit for
the duties for which the seaman is engaged, that he is free of existing or pre existing chronic disease and that he is in possession
of a valid medical certificate at the time of embarkation. The Agent in particular, shall ensure that each seaman will have to undergo
the following strict medical examinations and obtain a medical certificate :

 

Obligatory

 

		1.	Complete Physical Examination

		2.	Blood Count and Blood Type

		3.	Urine Analysis

		4.	Dental and Optical Check Up

		5.	Chest X-Ray (for detection of Tuberculosis)

		6.	Routine Stool Examination (for detection of Gastro disease)

		7.	Ishihara Test (Deck Officers and Crew)

		8.	Psychological Appraisal

		9.	Drug and Alcohol Test.

 

Optional

 

To be determined on a case to case basis (ship
by ship) and subject that Agent will receive specific/written advice to proceed.

 

		3.2.3	The Agent shall provide complete preparation for the employment
and travelling requirements from the country of origin of all crew being employed to the place of employment or to the place of their
embarkation and shall ensure and facilitate their lawful and timely departure for travelling to the place of employment and/or embarkation.

 

		3.2.4	The Agent shall fill in the “Check List” form
of candidates’ and “Past Record” (as per Schedule 2) provided upon proposing any crew for employment. On each crew’s joining and not later than approximately five (5) days prior to the
                                                                       departure date, the Agent shall forward to the Principal by courier or similar means of transportation, the originals of the
                                                                       “Check List” and “Past Record” forms properly and fully completed and documented, along with each
                                                                       seaman’s Contract of Employment, including copies of full Certificates/Licenses duly certified and as per vessel’s flag
                                                                       requirements and travel documents.

 

		3.2.5	The Agent shall ensure that in accordance with the Principal
requirements, the applicable requirements of the law of the vessel’s flag state are satisfied in respect of :

 

		3.2.5.1	The rank qualification and certification of the crew.

 

		3.2.5.2	Employment regulations

 

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		3.2.5.3	All necessary formalities for the issuance of crew documentation,
in accordance with the vessel’s
flag requirements, and MLC 2006 Regulations.

 

		3.2.5.4	Port Authorities’ regulations

 

		3.2.5.5	Flag state controls

 

		3.2.5.6	Classification surveys or any other major inspections

 

		3.2.6	The Agent will have to use the following pattern/list when
sending candidate crew to the Principal:

 

		1.	Rank

		2.	Surname

		3.	Name

		4.	Father

		5.	Date of Birth / Place of Birth

		6.	Seaman’s Book Number / Place of Issue

Date of Issue / Date of Expiry

		7.	Passport Number / Place of Issue

Date of Issue / Date of Expiry

		8.	Certificate of Competency: Kind Number

		9.	Endorsement of Certificate: Expiry Date:

		10.	Flag License:     Kind:     Date of Issue:     Date of Expiry:

		11.	English Level:

		12.	U.S.A. Visa Valid upto:

		13.	Miscellaneous Documents:

		14.	Sea Service: (as per “Past Records” form lay out)

		15.	References: (as per “Past Records” form lay out)

 

		3.2.7	The Agent in case of any crew disembarkation due to unfit
or disciplinary reasons or in case of the termination of the seaman’s contract, due to illness or injury or death, shall advise
the Principal as regards the assignment or termination of the seaman’s contracts of employment, range of payments and conditions
of employment. The Agent if necessary, shall assist the Master to respond to any differences and difficulties or disputes which may arise
with the crew. In case of urgency and subject to Master’s request, the Agent shall co-ordinate and co-operate directly with the
Master regarding any crew matters.

 

		3.2.7	Upon request of the Principal, the Agent is obliged to send
one of his representatives (Port Captain or Super-Intendent Engineer) to attend to any crew matters on board any vessel ldwide. Expenses
incurred will be borne by the Principal.

 

		3.2.8	The Agent shall exercise his utmost diligence to evaluate
continuously and provide the Principal with current advice of any alterations in the local working conditions and the availability of
officers and unlicensed crew members in the Territory, in order to be able to advise the Principal on all matters pertaining to the recruitment
of personnel to carry out efficiently and effectively his duties.

 

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		3.2.9	The Agent for and on behalf of the Shipowner, shall sign as Agent only, the Seafarer’s individual
Employment Contract, but the Agent will not be responsible for the Seafarer’s wages payment, which is decided and paid directly
onboard from the Shipowner.

 

		3.2.10	In case of any crew repatriation due to unfit or disciplinary reasons, wages due to seaman upto the date of
repatriation may serve to cover such costs. However, in cases that this cannot be done, the Agent to bear the costs of
seaman’s repatriation and his substitute’s ticket.

 

		3.2.11	The terms of this Agreement will also automatically apply for the crew of all the vessels which are manned
by the Agent and that no particular or special Crew Manning Agency Agreement has been signed.

 

		3.3	The Agent shall use its best efforts to deal with any other related Ship Management activities either
locally or regionally pertinent but not limited to Ship Management, Chartering, Ship Agency, Bunkering, Brokering etc.

 

		3.4	The Agent will submit the Principal duly and promptly with invoices fully documented with the relevant supporting documents,
as regards the monthly payments and /or itemized disbursements.

 

Any failure of the Agent to comply
with its obligations as hereinabove described, will result in the immediate suspension of Agent’s agency fees for said seamen while
these documents are pending or missing.

 

		3.5	The Agent will keep the Principal fully and promptly advised
and informed, as regards to any claim or legal actions filed or pending.

 

		3.6	The Agent will accept services of processed subpoena and other legal orders, emanating from duly constituted
government entities in the Territory and at the Principal’s expenses, but always subject to the Principal’s approval for the
employment of the local counsel, in order to take such other legal actions, as may be necessary to defend on the Principal’s behalf
any disputes whatsoever arising out of this Agreement.

 

		3.7	The Agent accepts that the Principal is the sole, full and
absolute owner of the “ELVICTOR” logo and that during the period of this Agreement, the Agent is specifically allowed by
the Principal only to use the logo of “ELVICTOR”, without acquiring or having, either directly or indirectly, any propriety
rights on it. The general use of the above logo will be effected upon the strict and absolute instructions of the Principal, having the
legal copyrights.

 

		3.8	The Agent confirms and warrants that its services will be effected through its premises, having all the
facilities, being fully computerised, under the supervision of a skilled and well educated personnel, thus, providing high standards of
office functions and office personnel.

 

		4	The Principal’s functions and obligations for Crew Manning/Management

 

		4.1	The Principal shall have to contact the Owners and sign all necessary documents concerning Georgian Crew
Manning.

 

		4.2	The Principal shall ensure that in cases of termination of the contract of employment of any crew members,
the master shall submit to the Agent his official reports, in connection with the facts that caused the termination of crewmember services,
and more particularly.

 

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		4.2.1	Any log book extracts.

		4.2.2	The Master’s report countersigned by departmental officer.

		4.2.3	A copy of the relevant entry in the vessel’s Articles.

		4.2.4	Any other document reasonably required.

 

		4.3	The Principal, if necessary, shall assist the Master to respond
to any differences, difficulties or disputes which may arise with the crew.

 

		4.4.	The Principal through the Master, shall provide the officers
and crew of each vessel victualling allowances in accordance with the international re-accepted maritime standards and practices.

 

		4.5	The Principal will seek for, attend and be promptly advised
by the Owners that any and all medical and hospitalization treatment of officers and crew, is covered by the Owner’s protection
and indemnity association. Sick or injured crewmembers are entitled to hospitalization and/or medical treatment at the Owner’s
expenses under established international maritime practices. Compensation for death and injury shall be handled according to the terms
of Crew Employment Contracts.

 

		4.6	The Principal hereby explicitly confirms and stipulates that
such medical assistance and/or repatriation, does not apply in the case of :

 

		4.6.1	Chronic disease which was existing or pre-existing prior
to joining the vessel and which could have been detected at the time of the pre-employment medical examination.

 

		4.6.2	Pregnancy (for female crew on passenger vessels). No crewmember
who is pregnant, shall be supplied to the vessel and any crewmember who becomes pregnant after joining, will be repatriated as soon as
possible at her own expenses.

 

		4.6.3	Illness, injury or other disability caused by drunkness of
the seaman or his deliberate or illegal action/behaviour.

 

		4.7	The Principal will decide, solely and absolutely, the number
of the composition of the crew onboard the vessel.

 

		4.8	The
Principal agrees and undertakes to pay to the Agent an Agency fee of USD 25.- per seaman per month, a Recruitment fee of USD 70.- per
seaman per contract and any administrative expenses (with documented evidences/vouchers)

 

		5.	The Principal shall provide expertise knowledge to all other
Ship Management related matters and is solely responsible for relevant decision making with possible consultation of Owners if necessary.

 

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		6.	Term of the Agreement / Termination / Breach

 

		6.1	This Agreement enters into force on the 11th September 2020
and shall remain in force until 10th September 2022.

 

		6.2	This Agreement shall be automatically renewed for 1 (one)
year, unless terminated by either party by notice given in writing by means of communication, ensuring evidence and date of receipt (e.g.
registered mail, courier, etc), not less than three (3) months before the date of its expiry.

 

		6.3	In case that each party, failed to meet their obligations under this Agreement for any reason within their
control, the other party may give a thirty (30) day’s notice in writing, by means of communication ensuring evidence and date of
receipt (e.g. registered mail, courier, etc), requesting to remedy it as soon as practically possible. In the event that the failing party
does not remedy it within a reasonable time to the satisfaction of the other, then the notifying party will be entitled to terminate the
Agreement with immediate effect by notice in writing.

 

		6.4	Either party has the right to cancel this Agreement with immediate effect if the other party should enter
into liquidation proceedings, either voluntarily or compulsorily, or become insolvent or enter into composition proceedings or if a distress
or execution be levied on the goods and effects of either party or either party should enter into receivership or reorganisation.

 

		6.5	On termination of the Agreement, the Agent shall return to
the Principal all documents, papers, data, key person contacts list and other material embodying information, pertaining to the services
granted by the Agent. Furthermore, the Agent shall immediately discontinue any and all use of the ELVICTOR logo.

 

		6.6	The termination of this Agreement shall be without prejudice
to all rights and obligations accrued between the parties prior to the date of termination.

 

		7	Miscellaneous provisions

 

		7.1	Any communication and all notices, may be sent by telex or
telefax or delivered by registered mail or by hand, to the Principal and the Agent in their addresses, as described hereinbelow :

 

	For	For
	ELVICTOR GROUP INC	ELVICTOR CREW MANAGEMENT SERVICE LTD
	(the Principal)	(the Agent)
	30 Wall Street (8th Floor)	32 Gogebadhvili Str, Office 2
	New York City NY 10005	Batumi
	U.S.A.	Georgia

 

		7.2	The terms of this Agreement will also automatically apply
for the crew of all the vessels which are manned by the Agent and that no particular or special Crew Manning Agency Agreement has been
signed.

 

8. Applicable Law/Arbitration

 

		8.1	This Agreement is to be governed and construed in accordance with Georgian law.

 

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		8.2	Any dispute arising out of or in connection with this Agreement,
will be resolved amicably by the parties, through discussions and negotiations on a non prejudice basis. Failing this procedure, any
and all disputes arising out of this Agreement, shall be decided by arbitration in London.

 

		8.3	The award rendered by the Arbitration panel shall be final
and binding upon the parties and may, if necessary, be enforced by the Court or any other competent authority in the same manner as a
judgement in the Court of Justice.

 

9. Modifications/Nullity/Assignment/General

 

		9.1	Any term, clause or condition of this Agreement can be changed,
amended, modified, deleted or revoked only upon the mutual written consent of both parties.

 

		9.2	If any provision or clause of this Agreement is found to
be null or non enforceable by the Court of competent jurisdiction, the Agreement will not be invalidated but (i) the Agreement will be
construed itself to limit the application of such provision or clause to the extent necessary to make the Agreement valid and enforceable,
or (ii) if the Court determines that such a limitation cannot be made, such provision of clause will be omitted (in either case the Agreement
will be construed as a whole to effect, as closely as practicable the original intent of the parties). However, if for good cause, either
party would not have entered into the Agreement, knowing the interpretation of the Agreement resulting from the foregoing, the Agreement
itself shall be null and void.

 

		9.3	All parties’ correspondence shall be held in the English
language exclusively and any document not being in English, should be translated at the expense of the sender thereof prior to its dispatch.

 

		9.4	Failure on occasion by either party to enforce any terms
of condition of the Agreement, will not prevent enforcement in any other occasion.

 

		9.5	All notices will be effective when received in writing to
the respective addresses of the parties or by means of cable, telex or facsimile transmissions to the numbers to be so allocated in writing
between the parties. Any notice of change may be given in writing by either party within a reasonable time in advance.

 

IN WITNESS WHEREOF the parties hereto have executed
this Agreement in duplicate, the parties taking one copy each, this 11th day of September 2020.

 

	For and on behalf of	 
	ELVICTOR GROUP INC	 
	(The Principal)	
	 	Stavros C. Galanakis
	 	President
	 	 
	For and on behalf of	 
	ELVICTOR CREW MANAGEMENT SERVICE LTD	 
	(The Agent)	 
	 	
	 	Soslan Chkhaidze
	 	CEO

 

 

7

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