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Exhibit 10.1

       

       

    
    
      	 		 

    

    

    
   
 

    
    
      	 		 

    

    

    
   
 

    
    
      	 		 

    

    

    
   
 

    
    
      	 		 

    

    

    
   
 

    
    
      	 		 

    

    

    
   
 

    
    
      	 		 

    

    

    
   
 

    
    
      	 		 

    

    

    
   
 

    
    
      	 		 

    

    

    
   
 

    
    
      	 		 

    

    

    
   
 

    
    
      	 		 

    

    

    
   
 

    
    
      	 		 

    

    

    
   
 

    
    
      	 		 

    

    

    
   
 

    
    
      	 		 

    

    

    
   
 

    
    
      	 		 

    

    

    
   
 

    
    
      	 		 

    

    

    
   
 

    
    
      	 		 

    

    

    
   
 

    
    
      	 		 

    

    

    
   
 

    
    
      	 		 

    

    

    
   
 

    
    
      	 		 

    

    

    
   
 

    
    
      	 		 

    

    

    
   
 

    
    
      	 		 

    

    

    
   
 

    
    
      	 		 

    

    

    
   
DATED:
                                            12 July 2021 MIDATECH PHARMA PLC and DMITRY ZAMORYAKHIN SERVICE AGREEMENT THIS AGREEMENT
                                            is made on 12 July 2021 BETWEEN: MIDATECH PHARMA PLC (company number 09216368) whose registered
                                            office is at Oddfellows House, 19 Newport Road, Cardiff, CF24 OAA, (the "Company");
                                            and DMITRY ZAMORYAKHIN of *** (the "Executive"). RECITALS The Company shall employ
                                            the Executive and the Executive shall serve the Company as Chief Scientific Officer of the
                                            Company on the following terms and subject to the following conditions (the "Agreement"):
                                            IT IS AGREED AS FOLLOWS: 1 DEFINITIONS AND INTERPRETATION 1.1 In this Agreement unless the
                                            context otherwise requires the following expressions shall have the following meanings: "AIM"
                                            the market of that name operated by the London Stock Exchange PLC; "AIM Rules"
                                            the rules applicable to companies whose shares are, or are to be, admitted to trading on
                                            the AIM Market as set out in the AIM Rules published by the London Stock Exchange plc; "Board"
                                            the board of directors for the time being of the Company; "Group" the Company and
                                            its Subsidiaries for the time being and "Group Company" means any one of them;
                                            "Regulations" the Working Time Regulations 1998; and "Subsidiary" in
                                            relation to a company a subsidiary within the meaning of s1159 of the Companies Act 2006
                                            and any other company which is a subsidiary (as so defined) of a company which is itself
                                            a subsidiary of such holding company. 1.2 Any reference to a statutory provision shall be
                                            deemed to include a reference to any statutory modification or re-enactment of it. 1.3 The
                                            headings in this Agreement are for convenience only and shall not affect its construction
                                            or interpretation. 2 1.4 References in this Agreement to a person include a body corporate
                                            and an incorporated association of persons and references to a company include any body corporate.
                                            1.5 Where appropriate, references to the Executive include his personal representatives.
                                            2 TERM OF EMPLOYMENT 2.1 The employment of the Executive in the role of Chief Scientific
                                            Officer commenced on 12 July 2021. The employment of the Executive (subject to earlier termination
                                            as provided below) shall continue until terminated by either party giving to the other not
                                            less than six months' notice in writing at any time. 2.2 The Executive represents and warrants
                                            that he is not bound by or subject to any contract, court order, agreement, arrangement or
                                            undertaking which in any way restricts or prohibits him from entering into this Agreement
                                            or performing his duties under it. 3 DUTIES 3.1 The Executive shall during his employment
                                            under this Agreement: 3.1.1 perform the duties and exercise the powers which the Board may
                                            from time to time properly assign to him in his capacity as Chief Scientific Officer or in
                                            connection with the conduct and management of the business of the Company or the business
                                            of any Group Company (including serving on the board of such Group Company or on any other
                                            executive body or any committee of such a company), such duties to include those detailed
                                            in Schedule 1 hereto; and 3.1.2 do all in his power to promote, develop and protect the business
                                            of the Company and at all times and in all respects conform to and comply with the proper
                                            and reasonable directions of the Chief Executive Officer ("CEO") and/or the Board.
                                            3.2 Without prejudice to the generality of the foregoing, The Executive shall during his
                                            employment under this Agreement: 3.2.1 be an officer of the Company and as an officer of
                                            the Company, carry out duties on behalf of any other Group Company including, if so required
                                            by the Board, acting as a director of any such Group Company; 3.2.2 comply with the articles
                                            of association (as amended from time to time) of any Group Company of which he is an officer
                                            or director; 3.2.3 abide by any statutory, fiduciary or common-law duties to any Group Company
                                            of which he is an officer or director; 3.2.4 not do anything that would cause him to be disqualified
                                            from acting as an officer or director; 3 3.2.5 as and when relevant, do such things as are
                                            necessary to ensure compliance by himself and any relevant Group Company with the QCA Corporate
                                            Governance Code (as amended from time to time); 3.2.6 as and when relevant, comply with all
                                            requirements, recommendations or regulations, as amended from time to time, of the London
                                            Stock Exchange plc, the UK Listing Authority (including the Model Code for transactions in
                                            securities by directors and certain senior executives of listed companies), the FCA and all
                                            regulatory authorities relevant to any Group Company and any code of practice issued by the
                                            Company (as amended from time to time) relating to dealing in the securities of any Group
                                            Company; 3.2.7 as and when relevant comply with the requirements under both legislation and
                                            regulation as to the disclosure of inside information; 3.2.8 comply with the Company's anti-corruption
                                            and bribery policy and related procedures; 3.2.9 unless prevented by sickness, devote the
                                            whole of his time, attention and abilities to the business of the Company and any Group Company
                                            of which he is an officer or director; 3.2.10 faithfully and diligently exercise such powers
                                            and perform such duties as may from time to time be assigned to him by the CEO or the Board;
                                            3.2.11 comply with all reasonable and lawful directions given to him by the CEO or the Board;
                                            3.2.12 report his own wrongdoing and any wrongdoing or proposed wrongdoing of any other Executive
                                            or director of any Group Company to the Board immediately on becoming aware of it; 3.2.13
                                            use his best endeavours to promote, protect, develop and extend the business of the Group;
                                            3.2.14 consent to the Company monitoring and recording any use that he makes of the Company's
                                            electronic communications systems for the purpose of ensuring that the Company's rules are
                                            being complied with and for legitimate business purposes; and 3.2.15 comply with any electronic
                                            communication systems policy that the Company may issue from time to time. 3.3 The Executive
                                            shall give to the CEO and/or the Board such information regarding the affairs of the Company
                                            as it shall require, and in any event, report regularly and keep the CEO and the Board informed.
                                            4 3.4 The Executive shall carry out his duties and exercise his powers jointly with any other
                                            executives appointed by the Board to act jointly with him and the Board may at any time require
                                            the Executive to cease performing or exercising the said or any duties or powers. 3.5 The
                                            Executive shall be flexibly based at their home but shall attend the Company's head office
                                            in Cardiff up to two days every two weeks to attend meetings and/or adequately fulfil his
                                            responsibilities. The Executive shall travel to and/or work in any place which the CEO may
                                            reasonably require and that is dictated by the needs of the business. The Executive may be
                                            required to travel abroad when required by the Company for the proper performance of his
                                            duties. 4 HOURS OF WORK 4.1 The Executive shall have no set hours of work but is required
                                            to devote such time to his work as is necessary for the proper performance of his duties
                                            and his basic salary referred to in clause 7.1 shall compensate him for this. Normal office
                                            hours are 9.00am to 5.30pm with an hour for lunch, Monday to Friday. 5 GRATUITIES AND CODES
                                            OF CONDUCT 5.1 The Executive shall not, without prior written consent of the Company, directly
                                            or indirectly accept any commission, rebate, discount or gratuity in cash or in kind from
                                            any person who has or is having a business relationship with the Company or any Group Company.
                                            5.2 The Executive shall comply (and procure that his spouse and minor children shall comply)
                                            with all applicable rules and regulations of the London Stock Exchange including all AIM
                                            rules and regulations, the Company's Share Dealing Code Policy and as applicable the Listing
                                            Rules of the United Kingdom Listing Authority, and any other codes of conduct of the Company
                                            for the time being in force and any other relevant regulatory authority. 6 REMUNERATION 6.1
                                            The Company shall pay to the Executive a salary at the rate of £205,000 gross per year,
                                            inclusive of any directors' fees payable to him. 6.2 The basic salary stated in clause 6.1
                                            above will be eligible for increase, subject to performance on an annual basis usually from
                                            1 April. 6.3 The Executive's salary shall accrue from day to day and be payable by equal
                                            monthly instalments in arrears on or about the last day of each month. 6.4 The Executive's
                                            salary shall be reviewed annually following the finalisation of the relevant calendar year's
                                            Annual Reports and Accounts. The undertaking of a salary review does not confer a contractual
                                            right (whether express or implied) to any increase in salary and the Executive acknowledges
                                            that any salary increase is at the absolute discretion of the Remuneration Committee. 5 7
                                            BONUS AND SHARE OPTION SCHEME 7.1 The Executive will be eligible to participate in a discretionary
                                            bonus scheme (the "Scheme"), which terms may be reviewed by the Remuneration Committee
                                            from time to time. Decisions as to the calculation and payment of any bonus under the Scheme
                                            shall be made at the absolute discretion of the Remuneration Committee although it is acknowledged
                                            that the amount of such bonus will be up to 30% per cent of the Executive's annual salary
                                            on the satisfaction of certain performance criteria. Bonuses are calculated on an annual
                                            calendar basis and time-apportioned in the first year of employment. Payment of bonus on
                                            certain terms at any particular time will not create any entitlement to or expectation of
                                            any future payment or the amount or terms of any future payment. The Executive will not have
                                            any contractual right to any bonus if he has left the Company's employment for whatever reason
                                            (whether lawful or unlawful) or has given or received notice of termination, at or prior
                                            to the time on which any such bonus would normally be payable. Any bonus awarded will be
                                            paid subject to tax and National Insurance in the usual way. 7.2 The Executive will be eligible
                                            to participate in the Company's Share Option Scheme, subject to the approval of the Remuneration
                                            Committee, and whose terms may be reviewed from time to time. Immediately after the announcement
                                            of the Executive's employment or, if later, as soon as the Company is no longer in a close
                                            period, 250,000 share options will be granted to the Executive with vesting as follows: (1)
                                            25% or 62,500 shall vest 12 months following the date of this contract; and (ii) the remaining
                                            75% shall vest over the subsequent 12 quarters in equal tranches of 15,625 per quarter, provided
                                            that, in either case, the Executive will not have any contractual right to any share options
                                            set out in this clause if he has left the Company's employment for whatever reason (whether
                                            lawful or unlawful) or has given or received notice of termination, at or prior to the time
                                            on which any such share options would normally vest. 8 OTHER BENEFITS The Executive is entitled
                                            to such additional benefits (including, but not limited to, a 10% pension contribution, life
                                            insurance and medical insurance) as may be determined by the Board from time to time. The
                                            Company pension contribution is conditional upon the Executive contributing not less than
                                            3% to the scheme. 9 EXPENSES 9.1 The Company shall reimburse or procure that the Executive
                                            is reimbursed all reasonable travelling, hotel and other expenses wholly and necessarily
                                            incurred by him in the performance of his duties under this Agreement on production of appropriate
                                            receipts. 6 10 HOLIDAYS 10.1 The Executive is entitled to 25 days' holiday with pay every
                                            calendar year in addition to bank and other public holidays. The Company's holiday year runs
                                            from 1 January to 31 December. 10.2 The Executive's holiday entitlement is inclusive of his
                                            statutory entitlement. When calculating the Executive's statutory entitlement, bank and public
                                            holidays are taken into account. A maximum of three days of the statutory entitlement can
                                            be carried over from one holiday year to the first three months of the next year. 10.3 During
                                            the first year of the Executive's employment the Executive's statutory holiday entitlement
                                            will accrue pro rata monthly. Where this calculation results in fractions of days the amount
                                            of leave which can be taken is rounded up to the next half day. Any rounded-up element is
                                            deducted from the leave remaining. 10.4 Save as provided for in clause 10.3 above, the Executive's
                                            entitlement to holiday accrues pro rata throughout each holiday year (disregarding fractions
                                            of days). The Executive will be deemed to have taken statutory holiday first. 10.5 Any entitlement
                                            to holiday over and above any statutory entitlement remaining at the end of any holiday year
                                            shall lapse and no payment in lieu of such holiday will be made for accrued but untaken holiday.
                                            10.5.1 If the Executive has taken holiday in excess of his entitlement on termination of
                                            employment he will be required to account for it and the Company will make a deduction from
                                            his final salary payment accordingly. If the Executive has accrued holiday owing to him,
                                            the Company may at its discretion, require him to take the outstanding holiday during any
                                            notice period or make a payment in lieu of it. 10.5.2 For the purposes of clause 10.5.1 above,
                                            a day's pay will be calculated as 1/260th of basic salary. 10.6 If the Executive's employment
                                            is terminated without notice, he will not be entitled to holiday pay for holiday which would
                                            have accrued during the notice period, had he continued to be employed throughout that time.
                                            10.7 If the Executive is put on garden leave in accordance with clause 19 any accrued but
                                            unused holiday entitlement shall be deemed to be taken during any period of garden leave.
                                            10.8 Holidays should be taken at such times as the CEO shall consider convenient having regard
                                            to the requirements of the Company's business. 11 ILLNESS 11.1 The Executive shall continue
                                            to be paid during sickness absence (such payment to be inclusive of any statutory sick pay
                                            or social security benefits to which he may be entitled) at the discretion of the Company.
                                            7 11.2 The Executive will cease to accrue holiday, subject to any entitlement under the Regulations
                                            if he has been absent due to sickness, for six consecutive weeks or more. 11.3 If the Executive
                                            is incapable of performing his duties by reason of injury sustained wholly or partly as a
                                            result of negligence, nuisance or breach of any statutory duty on the part of a third party
                                            and the Executive recovers an amount by way of compensation for loss of earnings from that
                                            third party, he shall pay to the Company an amount equivalent to the amount of sick pay he
                                            has received from the Company or such lesser amount as he received in compensation. 11.4
                                            The Company shall be entitled to require the Executive to undergo examinations by a medical
                                            adviser appointed or approved by the Company and the Executive authorises the medical adviser
                                            and/or will provide such consents as are necessary to disclose to the Company the results
                                            of such examinations. 11.5 The Executive hereby covenants with the Company on behalf of himself
                                            and his personal representatives at all times fully and effectively to comply with the terms
                                            of any insurance policy taken out by the Company or any Group Company on his life or in respect
                                            of his position as a director and/or officer of the Company and further undertakes (notwithstanding
                                            that his Agreement has been terminated or has come to an end) to co-operate fully with and
                                            assist the Company or any applicable Group Company in relation to any claim(s) made or to
                                            be made in connection with such insurance policy (including without limitation submitting
                                            to a medical examination). 11.6 In the event that the Executive is unable to perform his
                                            duties hereunder through illness or other incapacity for any continuous period of three months
                                            or an aggregated period exceeding 100 working days in any period of 12 months, notwithstanding
                                            any other provision of this Agreement, the Company may terminate the Executive's employment
                                            upon six months' written notice to him and during that period the Executive shall not have
                                            any entitlement to receive his salary or any bonus payment but shall otherwise be entitled
                                            to his contractual benefits under this Agreement. 12 RESTRICTIONS DURING EMPLOYMENT 12.1
                                            During the continuance of his employment under this Agreement the Executive shall unless
                                            prevented by incapacity devote his whole time and attention to the business of the Company
                                            and shall not without the prior written consent of the CEO and/or Board: 12.1.1 engage in
                                            any other business; or 12.1.2 be concerned or interested in any other business which is or
                                            shall be of a similar nature to or competitive with that carried on by the Company or any
                                            Group Company or which is a supplier or customer of the Company or Group Company in relation
                                            to its services; or 8 12.1.3 solicit the custom of, canvass, approach or deal with, in competition
                                            with the Company or any Group Company, any person (including any company, firm, organisation
                                            or other entity) to whom the Company or any Group Company supplies services or with whom
                                            the Company or any Group Company is in negotiations or discussions regarding the possible
                                            supply of services; or 12.1.4 discourage any such person referred to in clause 12.1.3 above
                                            from conducting or continuing to conduct business with the Company or any Group Company on
                                            the best terms available to the Company or any Group Company; or 12.1.5 induce or attempt
                                            to induce any director or senior employee of the Company or any Group Company and with whom
                                            the Executive has material dealings in the course of his employment, to leave the employment
                                            of the Company or any Group Company; or 12.1.6 take any steps which impair or might reasonably
                                            be thought by the Company, to impair the Executive's ability to act at all times in the best
                                            interests of the Company, provided that nothing in this clause shall preclude the Executive
                                            from holding or being otherwise interested in any shares or other securities of any company
                                            which is quoted on any recognised investment exchange (as defined by section 285 Financial
                                            Services and Markets Act 2000) so long as the interest of the Executive in such shares or
                                            other securities does not extend to more than three per cent, of the total amount of such
                                            shares or securities. 13 INTELLECTUAL PROPERTY 13.1 In this clause, the following terms shall
                                            have the following meanings: "Employment Invention" shall mean any Invention which
                                            is made wholly or partially by the Executive at any time during the course of his employment
                                            with the Company. "Employment IPRs" shall mean all Intellectual Property Rights
                                            created by the Executive in the course of his employment with the Company (whether or not
                                            during normal working hours). "Intellectual Property Rights" shall mean all rights
                                            to inventions, patents, utility models, rights in computer software, rights in designs (including
                                            rights relating to semi-conductor topographies), database rights, copyright and related rights,
                                            rights in get-up, goodwill and the right to sue for passing off or unfair competition, rights
                                            in trade names and domain names, trade marks, rights to preserve confidentiality of information
                                            (including know-how and trade secrets) and any other intellectual property rights, in each
                                            case whether registered or unregistered, including all applications (or rights to apply)
                                            for and be granted, renewals or extensions of, and rights to claim priority from, such rights
                                            and all similar or analogous rights or forms of protection which may now or in the future
                                            subsist in any part of the world. 9 "Invention" shall mean any invention, idea,
                                            discovery, development, improvement or innovation, whether or not patentable or capable of
                                            registration, and whether or not recorded in any medium. 13.2 The Executive acknowledges
                                            that all Employment IPRs, Employment Inventions and all materials embodying them shall automatically,
                                            on creation, vest in the Company absolutely to the fullest extent permitted by law. To the
                                            extent that they do not vest automatically, the Executive holds them on trust for the Company,
                                            and the Executive agrees promptly to execute all documents and do all acts as may, in the
                                            Company's opinion, be necessary to give effect to this clause 13.2. 13.3 The Executive acknowledges
                                            that, because of the nature of his duties and the particular responsibilities arising from
                                            those duties, that he has, and shall have at all times while employed by the Company, a special
                                            obligation to further its interests. 13.4 The Executive agrees: 13.4.1 to give the Company
                                            full written details of all Employment Inventions, and Business Inventions (as defined in
                                            clause 13.6), promptly upon their creation; 13.4.2 at the request of the Company, and in
                                            any event on termination of the Executive's employment with the Company, to give the Company
                                            all originals and copes of all documents and other materials which record or relate to any
                                            Employment IPRs; 13.4.3 not to attempt to register any Employment IPRs or patent any Employment
                                            Invention unless requested to do by the Company; 13.4.4 not to attempt to register any Intellectual
                                            Property Rights subsisting in Business Inventions nor patent any Business Inventions unless
                                            the Company has declined its right of first refusal recorded in clause 13.6, agreed in writing
                                            that the Executive may offer them for sale to a third party or it otherwise agrees in writing
                                            that the Executive may do so; and 13.4.5 to keep confidential each Employment Invention and
                                            Business Invention unless the Company has consented in writing to its disclosure by the Executive,
                                            or, in the case of a Business Invention, the Company has declined its right of first refusal
                                            recorded in clause 13.6. 13.5 The Company shall not be under any obligation to apply for
                                            or maintain protection in respect of any Employment Invention. 13.6 The Executive agrees:
                                            13.6.1 in relation to any Invention, other than an Employment Invention, which is made wholly
                                            or partly by the Executive whilst employed by the Company, and which relates to or is useful
                                            in connection with the business or any product or service of the 10 Company or Group (such
                                            Inventions are referred to in this clause 13 as "Business Inventions"); and 13.6.2
                                            to the extent that legal title in and to any Employment IPRs or Employment Inventions do
                                            not vest automatically in the Company as described at clause 13.2 above, to, immediately
                                            upon creation of such rights and Employment and Business Inventions, offer to the Company
                                            in writing a right of first refusal to acquire them on arm's length terms to be agreed between
                                            the parties. If the parties cannot agree on such terms within 30 days of the Company receiving
                                            the offer, the Company shall refer the dispute for determination by an expert who shall be
                                            appointed by the President or Deputy President of the Chartered Institute of Arbitrators.
                                            The expert's decision shall be final and binding on the parties in the absence of manifest
                                            error, and the costs of arbitration shall be borne equally by the parties. The parties will
                                            be entitled to make submissions to the expert and will provide (or procure that others provide)
                                            the expert with such assistance and documents as the expert reasonably requires for the purpose
                                            of reaching a decision. The Executive agrees that the provisions of this clause shall apply
                                            to all such inventions and rights offered to the Company under this clause 13.6 until such
                                            time as the Company has agreed in writing that the Executive may offer them for sale to a
                                            third party. 13.7 The Executive shall execute all documents and do all things which are necessary
                                            or desirable in the opinion of the Company, before or after his employment with the Company,
                                            to vest the Employment IPRs in the Company, or the Group, pursuant to this clause 13 and
                                            for obtaining the best possible protection and maintenance in respect of such rights and
                                            the Employment Inventions, including registration of them, in the territories specified by
                                            the Company. Such documents may, at the Company's request, include waivers of all and any
                                            statutory moral rights relating to any copyright works which form part of the Employment
                                            IPRs. This clause shall also apply to all Business Inventions, and all Intellectual Property
                                            Rights subsisting in the same, purchased by the Company or its Group in accordance with clause
                                            13.6. 13.8 The Executive irrevocably appoints the Company to be his attorney in his name
                                            and on his behalf to sign or execute any document or do anything generally to use his name
                                            for the purpose of giving to the Company the full benefit of the provisions of this clause
                                            14. A certificate in writing signed by any director or the secretary of the Company that
                                            any document or act falls within the authority conferred by this clause shall be conclusive
                                            evidence that that is the case. 13.9 The Executive hereby waives all present and future moral
                                            rights which arise under the Copyright Designs and Patents Act 1988 and all similar and analogous
                                            rights in other territories to the fullest extent permissible under the relevant legislation
                                            in each jurisdiction in relation to any copyright which forms part of the Employment IPRs,
                                            and agrees not to support, maintain or permit any claim for infringement of moral rights
                                            in such copyright works. 11 13.10 The Executive warrants that he is not bound by any legally
                                            enforceable obligations owed to persons other than the Company which would prevent him from
                                            complying with the terms of this Agreement. The Executive shall not use information in breach
                                            of any rights of any third parties, copy or adapt copyright works or designs or unlawfully
                                            extract or re-utilise all or a substantial part of any databases owned by third parties or
                                            otherwise infringe any Intellectual Property Rights owned by third parties in the course
                                            of his employment with the Company. 13.11 The Executive shall not exploit or attempt to exploit
                                            any Intellectual Property Rights which are the property of the Company or any Group Company,
                                            including the Employment IPRs, without the prior written consent of the Company nor shall
                                            the Executive do anything that would imperil or prejudice any rights in any of the same,
                                            and the Executive shall immediately inform the Company if the Executive becomes aware of
                                            any infringement or suspected infringement of any such rights. 13.12 The Executive agrees
                                            to give all necessary assistance to the Company to enable it to enforce its Intellectual
                                            Property Rights against third parties, to defend claims for infringement of third party Intellectual
                                            Property Rights and to apply for and maintain registration of its Intellectual Property Rights,
                                            where appropriate throughout the world, and for the full term of those rights. 13.13 All
                                            the provisions of this clause 13 shall survive termination of the Executive's employment
                                            insofar as they relate to rights that were created before the date of termination of this
                                            Agreement. 14 CONFIDENTIALITY 14.1 The Executive shall not (except in the proper performance
                                            of his duties) during or after his employment has ended directly or indirectly divulge to
                                            any person or otherwise make use of (and shall use his best endeavours to prevent the publication
                                            or disclosure of) any trade secret or any confidential information concerning the business
                                            or finances of the Company or any Group Company or any of its/their dealings transactions
                                            or affairs or any such confidential information concerning any of their suppliers, agents,
                                            distributors or clients. 14.2 Confidential information includes, but is not limited to: 14.2.1
                                            corporate and marketing strategy, business development and plans, sales reports and research
                                            results; 14.2.2 business methods and processes, manuals and operating procedures, technical
                                            information and know-how relating to the Group's business and which is not in the public
                                            domain, including inventions, designs, programs, techniques, database systems, formulae and
                                            ideas; 14.2.3 business contacts, lists of commercial customers, advertisers and suppliers
                                            and details of contracts with them and their current or future requirements; 12 14.2.4 information
                                            on employees and their terms of employment; 14.2.5 sales, expenditure levels, pricing and
                                            discounting policies; 14.2.6 budgets, management accounts, trading statements and other financial
                                            reports; 14.2.7 unpublished price sensitive information relating to shares or securities
                                            listed or dealt in on any recognised stock exchange; and 14.2.8 any document marked "confidential",
                                            identified to the Executive as confidential or any information not in the public domain.
                                            14.3 The restrictions in clauses 14.1 and 14.2 shall not apply to information which: 14.3.1
                                            comes into the public domain otherwise than by a breach by the Executive of his obligations
                                            under this Agreement; or 14.3.2 is disclosed to the Executive by a third party who has not
                                            received it directly or indirectly from the Company or any Group Company; or 14.3.3 must
                                            be disclosed by any applicable law, to the extent of such required disclosure. 14.4 Notwithstanding
                                            the obligations and restrictions contained in this clause 14, noting in this Agreement shall
                                            operate to prevent the Executive making a "protected disclosure" pursuant to Part
                                            IVA of the Employment Rights Act 1996. 15 DATA PROTECTION 15.1 The Company will process personal
                                            data relating to the Executive in accordance with the Company's privacy notice, a copy of
                                            which is available from the CEO. The personal data processed by the Company in this respect
                                            will include the Executive's employment application, address, references, bank details, performance
                                            appraisals, work, holiday and sickness records, next of kin, salary reviews, remuneration
                                            details and other records. Such personal data will be processed because it is necessary for
                                            the performance of this contract with the Executive, for the Company's legitimate interests
                                            and also to enable the Company to comply with its legal obligations. The personal data processed
                                            in relation to the Executive may include, where necessary for the performance of the Company's
                                            legal obligations or for the exercise specific rights in the field of employment law, special
                                            categories of personal data, for example, relating to the Executive's health. 15.2 The Executive
                                            shall comply with the Company's data protection policy, and any additional data protection
                                            or privacy policies and notices which may be implemented throughout the duration of the Executive's
                                            employment, when processing personal data in the course of his employment, at all times.
                                            The Executive will be sent copies of any new policies that are introduced as soon as they
                                            are made effective. 13 15.3 The Executive hereby acknowledges that the Company may make his
                                            personal data available to its advisers, to third parties providing products and/or services
                                            to the Company (such as IT systems suppliers, pensions, benefits and payroll administrators),
                                            or to its Group, as required by law, where it is necessary to administer the Executive's
                                            working relationship with the Company or where the Company has another legitimate interest
                                            in doing so. 16 MONITORING The Executive shall have access to e-mail and the internet for
                                            the better performance of his duties and he shall comply with the Company's stated e-mail
                                            and internet policy from time to time and in any event the Executive shall not send any e-mails
                                            of a defamatory or abusive nature or which constitute sexual, racial or any other form of
                                            harassment and he shall be prohibited from downloading any pornographic or other offensive
                                            material and the Executive shall indemnify the Company during and after his employment against
                                            all liability resulting from the Executive's breach of this clause. The Company reserves
                                            the right to monitor all email/internet activity by the Executive. 17 TERMINATION OF EMPLOYMENT
                                            17.1 The Company may at any time and in its absolute discretion (whether or not any notice
                                            of termination has been given by the Company or the Executive under clause 3 above) terminate
                                            the Agreement with immediate effect and make a payment in lieu of notice. This payment shall
                                            comprise solely the Executive's basic salary (at the rate payable when this option is exercised)
                                            but shall not include any bonus or other benefits and shall be subject to deductions for
                                            income tax and national insurance contributions as appropriate (the "Payment in Lieu").
                                            The Executive will not, under any circumstances, have any right to the Payment in Lieu unless
                                            the Company has exercised its option to pay in lieu of notice. 17.2 The employment of the
                                            Executive may be terminated by the Company without notice or payment in lieu of notice if
                                            the Executive: 17.2.1 is guilty of any serious misconduct or any other conduct which affects
                                            or is likely to affect prejudicially the interests of the Company or any Group Company; or
                                            17.2.2 fails or neglects efficiently and diligently to discharge his duties or commits any
                                            serious or repeated breach or non-observance of any of the provisions contained in this Agreement
                                            or any Share Dealing Code adopted by the Company or Group; or 17.2.3 has an interim receiving
                                            order made against him, becomes bankrupt or makes any composition or enters into any deed
                                            of arrangement with his creditors; or 17.2.4 is charged with any arrestable criminal offence
                                            (other than an offence under road traffic legislation in the United Kingdom or elsewhere
                                            for which a fine or non- custodial penalty is imposed); or 17.2.5 is disqualified from holding
                                            office in any company by reason of an order of a court of competent jurisdiction; or 14 17.2.6
                                            shall become of unsound mind or become a patient under any statute relating to mental health;
                                            or 17.2.7 is convicted of an offence under the Criminal Justice Act 1993 in relation to insider
                                            dealings or under any other present or future statutory enactment or regulations relating
                                            to insider dealings; or 17.2.8 is in breach of the Model Code on directors' dealings in listed
                                            securities, including securities trading on AIM, published by the London Stock Exchange Limited;
                                            or 17.2.9 commits any other act warranting summary termination at common law including (but
                                            not limited to) any act justifying dismissal without notice in the terms of the Company's
                                            generally-applicable disciplinary rules. 17.3 Any delay by the Company in exercising the
                                            right to terminate without notice is not a waiver thereof. 18 SUSPENSION The Company may
                                            suspend the Executive on full pay for such time as is reasonable in all the circumstances,
                                            to allow the Company to investigate any complaint made against the Executive in relation
                                            to his employment with the Company and/or pending the outcome of any disciplinary proceedings.
                                            19 GARDEN LEAVE 19.1 Provided the Executive continues to enjoy his full contractual benefits
                                            and receive his pay in accordance with this Agreement, the Company may in its absolute discretion
                                            do all or any of the following during any period of notice or any part of the notice period,
                                            after the Executive or the Company has given notice of termination to the other, without
                                            breaching this Agreement or incurring any liability or giving rise to any claim against it:
                                            19.1.1 exclude the Executive from the premises of the Company and/or the Group; 19.1.2 require
                                            the Executive to carry out only specified duties (consistent with his status, role and experience)
                                            whether or not different to his normal duties or to carry out no duties; 19.1.3 announce
                                            to any or all of its employees, suppliers, customers and business partners that the Executive
                                            has been given notice of termination or has resigned (as the case may be); 19.1.4 prohibit
                                            the Executive from communicating in any way with any or all of the suppliers, customers,
                                            business partners, employees, agents or representatives of the Company or the Group until
                                            his employment has terminated except to the extent he is authorised to do so by the CEO and/or
                                            Board in writing; 15 19.1.5 require the Executive to resign his directorship of any Group
                                            Company; and/or 19.1.6 require the Executive to comply with any other reasonable conditions
                                            imposed by the Company. The Executive will continue to be bound by all obligations (whether
                                            express or implied) owed to the Company under the terms of the Agreement or as an employee
                                            of the Company. Including but not limited to his duty of care, fidelity, obedience and good
                                            faith. 20 RESIGNATION AND RETURN OF COMPANY PROPERTY 20.1 Upon the termination by whatever
                                            means of this Agreement the Executive shall: 20.1.1 immediately resign as an officer (and
                                            if so appointed, as a director) of the Company and from such offices held by him in any Group
                                            Company without claim for compensation; and 20.1.2 immediately deliver to the Company all
                                            credit cards, motor-cars, keys, computer media and other Company property or Group Company
                                            property, in whatever form, of or relating to the business of the Company or of any Group
                                            Company which may be in his possession or under his power or control. 20.2 If the Executive
                                            fails to comply with clause 19.1.5 and 20.1.1 the Company is hereby irrevocably authorised
                                            to appoint some person in his name and on his behalf to sign and complete any documents or
                                            do anything necessary to give effect to this clause. 20.3 The Executive shall not without
                                            the consent of the Company at any time after the termination of this Agreement represent
                                            himself still to be connected with the Company or any Group Company. 21 RECONSTRUCTION OR
                                            AMALGAMATION If the employment of the Executive under this Agreement is terminated by reason
                                            of the liquidation of the Company for the purpose of reconstruction or amalgamation and the
                                            Executive is offered employment with any concern or undertaking resulting from the reconstruction
                                            or amalgamation on terms and conditions not less favourable than the terms of this Agreement
                                            then the Executive shall have no claim against the Company or any Group Company in respect
                                            of the termination of his employment under this Agreement. 22 RESTRICTIONS 22.1 Definitions
                                            In this clause the following words shall have the following meanings: "Termination Date"
                                            the date on which the Executive's employment terminates; 16 "Person" includes any
                                            company, firm, organisation or other entity; "Area" any country where on the Termination
                                            Date the Company was supplying services; "Client" any Person to whom the Company
                                            or a Group Company supplied services during the six months preceding the Termination Date
                                            and with whom at any time during such period the Executive was actively involved in the course
                                            of his employment; "Prospective Client" any Person with whom the Company or a Group
                                            Company had negotiations or discussions regarding the possible supply of services during
                                            the six months immediately preceding the Termination Date and with whom at any time during
                                            such period the Executive was actively involved in the course of his employment; "Employee"
                                            means any director of the Company or any Group Company and/or any person employed by or who
                                            renders services to the Company or any Group Company and who has Client responsibility or
                                            influence over Clients or Prospective Clients and/or who is in possession of confidential
                                            information (as defined above) and who in any such case was so employed or so rendered services
                                            during the period of six months prior to the Termination Date and had dealings with the Executive
                                            during that period; and "Supplier" means any person firm or company who is or was
                                            at any time during the six months preceding the Termination Date a supplier or procurer of
                                            goods and/or services to the Company or any Group Company. 22.2 In order to protect the goodwill,
                                            confidential information, trade secrets and business connections of the Company or any Group
                                            Company the Executive covenants with the Company (and as trustee for each Group Company)
                                            that: 22.2.1 Non-competition The Executive shall not during his employment or for a period
                                            of six months from the Termination Date directly or indirectly be interested or concerned
                                            in any business which is carried on in the Area and which: (a) concerns the business carried
                                            on by the Group in the six months preceding the Completion Date and as carried on or otherwise
                                            contemplated by the Group during the Relevant Period; or (b) is competitive or likely to
                                            be competitive with the business of the Company or a Group Company being carried on at the
                                            Termination Date and with which the Executive was actively involved at any time during the
                                            six months ending on the Termination Date. For this purpose, the Executive is concerned in
                                            a business if: (a) he carries it on as principal or agent; or 17 (b) he is a partner, director,
                                            employee, secondee, consultant or agent in, of or to any Person who carries on the business;
                                            or (c) subject to clause 13 above, he has any direct or indirect financial interest (as shareholder
                                            or otherwise) in any Person who carries on the business. 22.2.2 Non-solicitation/Dealing
                                            The Executive shall not during his employment or for a period of twelve months from the Termination
                                            Date in the Area directly or indirectly: (a) canvass or solicit business or approach any
                                            Clients or Prospective Clients in respect of services similar to those being provided by
                                            the Company or a Group Company as at the Termination Date; (b) seek to do business or deal
                                            with any Clients or Prospective Clients in respect of services similar to those being provided
                                            by the Company or a Group Company as at the termination Date; or (c) canvass or solicit business
                                            from or make an approach to any supplier of the Company or a Group Company with whom the
                                            Executive was actively involved at any time during the six months ending on the Termination
                                            Date to cease to supply, or to restrict or vary the terms of supply to the Company or a Group
                                            Company or otherwise interfere with the relationship between such a supplier and the Company
                                            or a Group Company. 22.2.3 Non-poaching The Executive shall not during his employment or
                                            for a period of twelve months after the Termination Date directly or indirectly: (a) induce
                                            or attempt to induce any Employee of the Company or a Group Company to leave the employment
                                            of the Company or a Group Company (whether or not this would be a breach of contract by that
                                            employee) for the purposes of being involved in or engaged in the types of business referred
                                            to in sub-clauses 22.2.1(a) and 22.2.1(b) above; or (b) engage, attempt to engage, employ,
                                            attempt to employ or offer employment or work (and in each case whether directly or indirectly,
                                            including through an employment agency or other intermediary) to any Employee for the purposes
                                            of being involved in or engaged in the types of business referred to in subclauses 22.2.1(a)
                                            and 22.2.1(b) above. 22.2.4 Non-interference The Executive shall not during his employment
                                            or for a period of twelve months after the Termination Date to the detriment of the Company
                                            or any Group Company, 18 directly or indirectly persuade or endeavour to persuade any Relevant
                                            Supplier to cease doing business or materially reduce its business with the Company or any
                                            Group Company. 22.2.5 Non-disparagement The Executive shall not at any time (whether during
                                            or after the termination of his employment) make whether directly or indirectly any untrue,
                                            misleading or derogatory oral or written statement concerning the business, affairs, officers
                                            or employees of the Company or any Group Company. 22.2.6 Non-association The Executive shall
                                            not (except with the prior written consent of the Company) at any time after the termination
                                            of his employment represent himself to be connected with or interested in the business of
                                            or employed by the Company or any Group Company or use for any purpose the name of the Company
                                            or any Group Company or any name capable of confusion therewith. 22.3 The restrictions in
                                            this clause are considered by the parties to be reasonable and the validity of each sub-clause
                                            shall not be affected if any of the others is judged to be invalid. If any of the restrictions
                                            are void but would be valid if some part of the restriction were deleted, the restriction
                                            in question shall apply with such modification as may be necessary to make it valid. 22.4
                                            The Executive acknowledges that the provisions of this clause are no more extensive than
                                            is reasonable to protect the legitimate business interests of the Company or the Group. 23
                                            SEVERABILITY If any of the provisions of this Agreement become invalid or unenforceable for
                                            any reason by virtue of applicable law the remaining provisions shall continue in full force
                                            and effect and the Company and the Executive hereby undertake to use all reasonable endeavours
                                            to replace any legally invalid or unenforceable provision with a provision which will promise
                                            to the parties (as far as practicable) the same commercial results as were intended or contemplated
                                            by the original provision. 24 THIRD PARTIES Unless the right of enforcement is expressly
                                            granted, it is not intended that a third party should have the right to enforce the provisions
                                            of this Agreement pursuant to the Contracts (Rights of Third Parties) Act 1999. 25 NOTICES
                                            25.1 Any notice required or permitted to be given under this Agreement shall be given in
                                            writing delivered personally or sent by first class post pre-paid recorded delivery (air
                                            mail if 19 overseas) or by facsimile to the party due to receive such notice at, in the case
                                            of the Company, its registered office from time to time and, in the case of the Executive,
                                            his address as set out in this Agreement (or such address as he may have notified to the
                                            Company in accordance with this clause). 25.2 Any notice delivered personally shall be deemed
                                            to be received when delivered to the address provided in this Agreement and any notice sent
                                            by pre-paid recorded delivery post shall be deemed (in the absence of evidence of earlier
                                            receipt) to be received two days after posting and in proving the time of despatch it shall
                                            be sufficient to show that the envelope containing such notice was properly addressed, stamped
                                            and posted. A notice sent by facsimile shall be deemed to have been received on receipt by
                                            the sender of confirmation in the transmission report that the facsimile had been sent. 26
                                            GRIEVANCE AND DISCIPLINARY PROCEDURES 26.1 In the event of the Executive wishing to seek
                                            redress of any grievance relating to his employment he should lay his grievance before the
                                            CEO in writing, who will afford the Executive the opportunity of a full hearing before the
                                            Board or a committee of the Board whose decision on such grievance shall be final and binding.
                                            26.2 The Company's usual disciplinary procedures do not apply to the Executive. In the event
                                            that any disciplinary action is to be taken against the Executive, any hearing in respect
                                            thereof will be conducted by such director of the Company or any Group Company as the Board
                                            may in its reasonable discretion nominate. If the Executive seeks to appeal against any disciplinary
                                            action taken against him he should do so to the Board submitting full written grounds for
                                            his appeal to the Chairman within thirty days of the action appealed against. The decision
                                            of the Board or a delegated committee therefore shall be final and binding. For the avoidance
                                            of doubt, the Executive has no contractual right to either a disciplinary hearing or appeal.
                                            26.3 The Company may in its absolute discretion suspend the Executive from some or all of
                                            his duties and from the Board and/or require him to remain away from work during any investigation
                                            conducted into an allegation relation to the Executive's conduct or performance. During such
                                            period, the Executive's salary and contractual benefits will continue to be paid and provided.
                                            27 MISCELLANEOUS 27.1 This Agreement is governed by and shall be construed in accordance
                                            with the laws of England. 27.2 The parties to this Agreement submit to the exclusive jurisdiction
                                            of the English courts. 27.3 This Agreement contains the entire understanding between the
                                            parties and supersedes all previous agreements and arrangements (if any) relating to the
                                            employment of the Executive by the Company or any Group Company (which shall be deemed hereby
                                            to have been terminated by mutual consent and without compensation). By executing this Agreement,
                                            the 20 Executive confirms and warrants that there are no outstanding payments or benefits
                                            owed to him under any prior agreement or understanding with the Company or any Group Company.
                                            27.4 The Company is not a party to any collective agreements which affect the Executive's
                                            employment. 27.5 The Executive authorises the Company to deduct from any remuneration payable
                                            to the Executive under this Agreement any sums due from him to the Company or any Group Company
                                            including the cost of repairing any damage to Company or any Group Company property caused
                                            by the Executive. 21 Schedule 1 Duties of the Chief Scientific Officer The Executive's Duties/Major
                                            Responsibilities Job description: Be the external face and internal leader of all the Company's
                                            R&D efforts. Design and communicate an integrated R&D strategy encompassing Q-Sphera,
                                            MTX110 and MidaCore with defined objectives, deliverables, timelines and budgets. The Executive
                                            is responsible for organizing and managing resources (human and technical) to execute the
                                            approved R&D plan. Clear and concise communication of the R&D plan to (and endorsement
                                            from) the Board, investors, analysts, collaborators, KOLs, vendors and staff members. Coordination
                                            of efforts and analysis to exploit the Company's technologies, expand its R&D pipeline
                                            and its IP portfolio. Specific responsibilities: Develop R&D strategies, plans and budgets
                                            to ensure achievement of scientific and development objectives for researching and developing
                                            the Company's products and technologies; Provide scientific leadership in defining the Company's
                                            pipeline and in developing corporate strategies and plans, make recommendations to the CEO
                                            and Board based on research findings; Be responsible for drug safety and leading risk-based
                                            safety decisions on the Company's products in development. Lead the Company's research staff;
                                            manage the R&D organization, leading by example, i.e. with a "hands on" management
                                            style. Drive accountability, consistency, quality and process standardization across all
                                            phases of research and development; Perform specific, project-related duties as part of leading
                                            research and development efforts including leading / participating in Joint Steering Groups
                                            and liaison with Key Opinion Leaders; Ensure the Company understands and anticipates market
                                            factors during planning and developing products to meet patient needs and ensure competitive
                                            TPP in the marketplace; Develop the R&D organization by recruiting/retaining critical
                                            scientific skills and managing expansion of technical resources; Assist in the management,
                                            development and safeguarding of the Company's intellectual property; and Review new approaches,
                                            know how, third party technologies and integrate same into the Company's platforms through
                                            research collaborations, commercial partners or sponsored research or grant-funded programmes.
                                            22 Signed as a Deed by MIDATECH PHARMA PLC acting by: Director Director/Company Secretary
                                            Signed as a Deed by DMITRY ZAMORYAKHIN in the presence of: Witness signature: Name: Address:
                                            Occupation: 3258101 v3 23 11:14 A4(' , F 0 /2_ 2,2r e.p.q.A(\ ,cdoeckEX-10.2

 Exhibit 10.2 

FIRST AMENDMENT TO 
 SALE
AND SERVICING AGREEMENT 
 This First Amendment to Sale and Servicing Agreement, dated as of August 16, 2021 (this
“Amendment”), is by and among Santander Drive Auto Receivables LLC, as seller (the “Seller”), and Santander Consumer USA Inc. (“SC”), as servicer (in such capacity, the “Servicer”).

 WHEREAS, Santander Drive Auto Receivables Trust 2018-5, as issuer (the
“Issuer”), the Seller, the Servicer, and Wells Fargo Bank, National Association, as indenture trustee (the “Indenture Trustee”) are parties to that certain Sale and Servicing Agreement, dated as of October 24,
2018 (as amended, supplemented and modified from time to time, the “Sale and Servicing Agreement”); 
 WHEREAS, the Seller
and the Servicer desire to amend the Sale and Servicing Agreement as set forth herein; 
 NOW, THEREFORE, for good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereby agree as follows: 
 SECTION 1.
Definitions. Capitalized terms used in this Amendment and not otherwise defined herein shall have the meanings assigned thereto in the Sale and Servicing Agreement, as amended hereby. 

SECTION 2. Amendments. Effective as of August 16, 2021, the Sale and Servicing Agreement is hereby amended as follows: 

(a) Section 3.2(a) is hereby amended by deleting the phrase “(B) in connection with a settlement in the event the Receivable
becomes a Defaulted Receivable” where it appears therein and replacing it with the phrase “(B) in connection with a modification, adjustment or settlement in the event the Receivable becomes a Severely Distressed Receivable”. 

(b) The following definition of “Severely Distressed Receivable” is added to Appendix A in the appropriate alphabetical order: 

““Severely Distressed Receivable” means, as of any date of determination, a Receivable (other than a Repurchased
Receivable) (i) that is 60 or more days delinquent or, if less than 60 days delinquent, the related Obligor has experienced a hardship and, in the judgment of the Servicer in accordance with its Customary Servicing Practices, it is reasonably
foreseeable that the Obligor will be unable to pay the Principal Balance of, and accrued and unpaid interest and fees on, such Receivable in accordance with its terms, (ii) that is a Defaulted Receivable, (iii) for which the Obligor is the
subject of a bankruptcy or other insolvency proceeding, (iv) for which the related Financed Vehicle has been repossessed (or for which the Servicer has initiated repossession proceedings), (v) for which the related Financed Vehicle has been
subject to theft or suffered destruction or damage that would be determined to be beyond repair in accordance with Customary Servicing Practices or (vi) for which the maturity date is in less than six months and, in the judgment of the Servicer
in accordance with its Customary Servicing Practices, it is reasonably foreseeable that the Obligor will be unable to pay the Principal Balance of, and accrued and unpaid interest and fees on, such Receivable by the maturity date.” 

 

  

					
		 		  	SDART 2018-5: Amendment to
		 		  	Sale and Servicing Agreement

 SECTION 3. Miscellaneous. The Sale and Servicing Agreement, as amended hereby, remains in
full force and effect. Any reference to the Sale and Servicing Agreement from and after the date hereof shall be deemed to refer to the Sale and Servicing Agreement as amended hereby, unless otherwise expressly stated. This Amendment shall be valid,
binding, and enforceable against a party only when executed by an authorized individual on behalf of the party by means of (i) an electronic signature that complies with the federal Electronic Signatures in Global and National Commerce Act,
state enactments of the Uniform Electronic Transactions Act, and/or any other relevant electronic signatures law, in each case to the extent applicable; (ii) an original manual signature; or (iii) a faxed, scanned, or photocopied manual
signature. Each electronic signature or faxed, scanned, or photocopied manual signature shall for all purposes have the same validity, legal effect, and admissibility in evidence as an original manual signature. Each party hereto shall be entitled
to conclusively rely upon, and shall have no liability with respect to, any electronic signature or faxed, scanned, or photocopied manual signature of any other party and shall have no duty to investigate, confirm or otherwise verify the validity or
authenticity thereof. This Amendment may be executed in any number of counterparts, each of which shall be deemed to be an original, but such counterparts shall, together, constitute only one instrument. Notwithstanding the foregoing, with
respect to any notice provided for in this Amendment or any instrument required or permitted to be delivered hereunder, any party hereto receiving or relying upon such notice or instrument shall be entitled to request execution thereof by original
manual signature as a condition to the effectiveness thereof. This Amendment shall be governed by and construed in accordance with the internal, substantive laws of the State of New York without reference to the rules thereof relating to
conflicts of law, other than Sections 5-1401 and 5-1402 of the New York General Obligations Law, and the obligations, rights and remedies of the parties hereunder shall
be determined in accordance with such laws. 
 [Signatures follow] 

 
  

  

					
		  	2	  	SDART 2018-5: Amendment to
		  		  	Sale and Servicing Agreement

 IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed by their
respective officers thereunto duly authorized, as of the date first above written. 
  

			
	SANTANDER DRIVE AUTO RECEIVABLES LLC, as Seller

 

			
	By:	 	 /s/ Mark McCastlain

	Name:	 	Mark McCastlain
	Title:	 	Vice President
	
	SANTANDER CONSUMER USA INC., as Servicer

 
			
		
	By:	 	 /s/ Corey Henry

	Name:	 	Corey Henry
	Title:	 	Vice President

  

					
		  	S-1	  	SDART 2018-5: Amendment to
		  		  	Sale and Servicing Agreement

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