Document:

Exhibit
10.4

 

 

1
May 2021

 

Dear
Wong Wan Pei,

 

This
contract is with effect from 1 May 2021.

 

Your
position as Co Founder and Chief Operating Officer (COO) of Ohmyhome Pte. Ltd. are set out upon the terms and conditions below.

 

TERMS
OF EMPLOYMENT

 

THIS
AGREEMENT is entered into by the Parties under the terms and conditions of employment (the “Employment”).

 

Parties

 

	(1)	Ohmyhome
                                            Pte. Ltd., a limited liability company incorporated and having its registered office
                                            at 11 Lorong 3 Toa Payoh #04-17, Jackson Square Block
                                            B, Singapore 319579 (referred to as the “Employer” or the “Company”),

 

	(2)	Wong
                                            Wan Pei, residing at ______________(whose Singapore IC No. is _________) (referred to
                                            as the “Employee”),

 

Collectively
the “Parties” and each individually a “Party”.

 

‘$’
in this agreement refers to Singapore dollars.

 

	1.	Commencement
                                            of Employment

 

The
Employee’s employment commenced on 1 March 2015 and continues until terminated in accordance with the provisions herein.

 

	2.	Job
                                            Duties

 

Duties
includes but not limited to:

 

	 	2.1	Overseeing
    all operations and business activities to ensure they produce the desired results and are consistent with the overall strategy and
    mission
	 	 	 
	 	2.2	Develop
    business strategies across all departments of the company .
	 	 	 
	 	2.3	To
    uphold the company’s image and do your best to assist clients and colleagues.
	 	 	 
	 	2.4	Facilitate
    coordination and communication between support functions.
	 	 	 
	 	2.5	Enhance
    staff accomplishments and competence by planning delivery of solutions; mentor and assist less experienced and/or new team members.
	 	 	 
	 	2.6	Promote
    and recommend company’s services by establishing contact and developing relationships with prospects.
	 	 	 
	 	2.7	Maintain
    relationships with clients and key stakeholders.
	 	 	 
	 	2.8	To
    act and represent only Ohmyhome Pte. Ltd. Part-time jobs are prohibited.
	 	 	 
	 	2.9	Maintaining
    accurate entries of client interactions, documentations and transactions progress.
	 	 	 
	 	2.10	Representing
    the Company with pride and respect.
	 	 	 
	 	2.11	Working
    harmoniously with colleagues in the best interest of the company.
	 	 	 
	 	2.12	Manage
    confidential information with care.

 

	 	 	 
	 	 	 
	 	Ohmyhome
  Pte. Ltd | 11 Lorong 3 Toa Payoh #04-17, Block B, Jackson Square, Singapore 319579 | License
  No. L3010739Z | +65 6886 9009 | www.omh.sg	 

 

    	 

    	 

    

 

 

	3.	Remuneration

 

		3.1.	The
                                            Employee shall be paid a basic salary of ten thousand seven hundred Singapore dollars (SGD
                                            10,700) per calendar month starting 1 May 2021.
	 	 	 
		3.2.	All
                                            non-HDB dealings including but not limited to private property transactions must all be transacted
                                            through the Company. The employee is entitled to 50% of the commission received.
	 	 	 
		3.3.	Existing
                                            HDB clients belonging to the Employee must all be transferred to Ohmyhome and be subsequently
                                            charged at Ohmyhome’s services rate.
	 	 	 
		3.4.	The
                                            Employee’s salary shall be payable monthly in arrears not later than the 7th
                                            day of the following month.
	 	 	 
		3.5.	Unless
                                            otherwise approved in writing by the Employer, the Employer shall not be required to reimburse
                                            the Employee for traveling, entertainment, overtime pay for working beyond the normal work
                                            hours and other expenses incurred by the Employee in the performance of the Employee’s
                                            duties hereunder.
	 	 	 
		3.6.	Unless
                                            otherwise approved in writing by the Employer, the Employer shall not be required to reimburse
                                            the Employee for traveling, entertainment, overtime pay for working beyond the normal work
                                            hours and other expenses incurred by the Employee in the performance of the Employee’s
                                            duties hereunder.
	 	 	 
		3.7.	All
                                            payments of salary are subject to authorized deductions or deductions required by law. Any
                                            Central Provident Fund (CPF) contributions required of the Company or you will be in accordance
                                            with current CPF legislation.
	 	 	 
		3.8.	The
                                            Employee authorizes the Employer at any time during the Employee’s employment and/or
                                            on its termination to deduct any sums owed by the Employee to the Employer at any time from
                                            the Employee’s salary and/or from any other sums due to the Employee under this contract,
                                            including, but not limited to, any payment in lieu of notice and damages for breach of contract
                                            (“Authorized Deductions”).
	 	 	 
		3.9.	The
                                            Employee’s remuneration shall be reviewed annually by the Employer. The Company is
                                            under no obligation to award an increase following a salary review.
	 	 	 
		3.10.	A
                                            13th month bonus shall be payable to Employee upon serving 12 months starting from the Commencement
                                            Date.
	 	 	 
		3.11.	An
                                            annual bonus of no less than 1% of revenue shall be payable to Employee upon serving 12 months
                                            starting from the Commencement Date.
	 	 	 
		3.12.	Employee’s
                                            annual renewal of CEA license and CPD course fees will be borne by the Employer.
	 	 	 
		3.13.	Additional
                                            Incentives payable to Employee upon completion of transaction calculated on a monthly basis:

 

	Resale
    agent service:	 	$	150	 	Resale
    documentation:	 	$	50	 
	Rental
    of whole flat:	 	$	50	 	Rental
    documentation:	 	$	25	 

 

	4.	Travel
                                            Allowances 

 

		4.1.	Local
                                            transportation subsidy is at $350 per month. Transportation subsidies to be issued along
                                            with monthly salary.

 

	 	 	 
	 	 	 
	 	Ohmyhome
    Pte. Ltd | 11 Lorong 3 Toa Payoh #04-17, Block B, Jackson Square, Singapore 319579 |
    License No. L3010739Z | +65 6886 9009 | www.omh.sg	 

 

    	 

    	 

    

 

 

		4.2.	The
                                            employee shall provide the receipt/bill for the transportation and mobile subsidy by every
                                            24th of the month.

 

	5.	Employment

 

		5.1.	During
                                            the Employee’s employment, the Employee:

 

		5.1.1.	Shall
                                            at all times faithfully, industriously, and to the best of the Employee’s skills, abilities
                                            and talents, perform all of the duties required of the Employee’s position;
	 	 	 
		5.1.2.	Shall
                                            comply with all of the Employer’s policies, procedures, rules and regulations, both
                                            written and oral, as are announced by the Employer from time to time when carrying out the
                                            Employee’s assignments, duties and responsibilities; and
	 	 	 
		5.1.3.	Agrees
                                            and understands that the Employee’s assignments, duties and responsibilities and reporting
                                            arrangements be changed by the Employer in its sole discretion without causing termination
                                            of this contract.

 

		5.2.	The
                                            Employee is expected to carry himself or herself respectfully within and outside the work
                                            area.

 

	6.	Working
                                            Days

 

		6.1.	The
                                            Employee’s normal working hours shall be 11:00 a.m. to 5:00 p.m. on Monday, Tuesday,
                                            Wednesday, Thursday, and Friday, and attend to all viewings across Monday to Sunday.
	 	 	 
		6.2.	The
                                            Employee will be entitled to a day off between Tuesday to Thursday.
	 	 	 
		6.3.	The
                                            Employee will be required to work additional times at no additional costs to the Company
                                            as are necessary to fulfill his responsibilities as the needs of the business may reasonably
                                            demand.
	 	 	 
		6.4.	The
                                            Employee will be required to attend all viewings and presentation appointments on weekends
                                            at no additional pay.

 

	7.	Meal
                                            Intervals

 

The
Employee shall have a meal break of 1 hour for lunch.

 

	8.	Work
                                            Attire

 

Male
employees are required to be dressed in white shirts and black business pants and female employees are required to dress in conformity.
Attire is subject to change as management deems fit for representation of the Company.

 

	9.	Public
                                            Holidays

 

		9.1.	The
                                            Employee will be entitled to all Singapore gazetted public holidays on full pay.

 

		9.2.	If
                                            the Employee is required to work on a public holiday, the Employee will be entitled to compensatory
                                            leave (“Off in Lieu”) equivalent to the amount of time he/she had worked on that
                                            public holiday, subject to management approval.

 

	10.	Annual
                                            Leave

 

		10.1.	If
                                            the Employee has served for at least 3 months, the Employee will be entitled to 14 days of
                                            paid annual leave for every 12 months of continuous service.

 

		10.1.1.	Such
                                            leave shall be taken at times convenient to the company.

 

	 	 	 
	 	 	 
	 	Ohmyhome
  Pte. Ltd | 11 Lorong 3 Toa Payoh #04-17, Block B, Jackson Square, Singapore 319579 | License
  No. L3010739Z | +65 6886 9009 | www.omh.sg	 

 

    	 

    	 

    

 

 

		10.1.2.	All
                                            leave applications must be submitted 14 days in advance.

 

		10.2.	For
                                            each completed year of service, the number of days of annual leave will increase by 1 day
                                            but up to a maximum of 30 days annual leave.
	 	 	 
		10.3.	If
                                            the period of employment is more than 3 months but less than 12 continuous months of service,
                                            the annual leave entitlement will be in proportion to the number of completed months of service.
	 	 	 
		10.4.	Any
                                            annual leave unconsumed at the end of a twelve (12) months period as agreed between Parties,
                                            or upon termination, will be forfeited and no payment in lieu will be paid to the Employee.
	 	 	 
		10.5.	The
                                            Employee may carry forward up to a maximum of two (2) days of leave (“Annual”)
                                            and must be consumed by the first quarter of the year.

 

	11.	Sick
                                            Leave

 

		11.1.	If
                                            the Employee has served for at least 3 months, the Employee will be entitled to paid sick
                                            leave as follows:

 

		11.1.1.	fourteen
                                            (14) days for every twelve (12) months of continuous service if no hospitalization is necessary;
                                            or
	 	 	 
		11.1.2.	sixty
                                            (60) days for every twelve (12) months of continuous service if hospitalization is necessary.

 

		11.2.	During
                                            the first three (3) months of Employment, the Employee will not be entitled to paid sick
                                            leave and any sick leave taken during the period will be considered as unpaid leave.
	 	 	 
		11.3.	The
                                            Employee is to notify the Employer of the sick leave as soon as practicable and in any case,
                                            within the same morning of the sick leave.
	 	 	 
		11.4.	The
                                            sick leave shall be certified by a government doctor or any other certified practitioner
                                            or medical officer.

 

	12.	Medical
                                            Benefits

 

		12.1.	The
                                            Employee shall be entitled to medical subsidy of $20.00 for each visit to a private clinics
                                            or government poly-clinic, except specialist clinics, up to a maximum of $300.00 per year.

 

		12.2.	This
                                            subsidy is not applicable during the Probation Period.

 

	13.	Compassionate
                                            leave

 

		13.1.	Compassionate
                                            leave will be granted upon death of an immediate family member, i.e. spouse, children, siblings,
                                            parents, parents-in-law, grandparents and grandparents-in-law, subject to two (2) days per
                                            occurrence.

 

	14.	Maternity
                                            Leave

 

		14.1.	For
                                            the purpose of this clause, the Employee will be entitled to paid sixteen (16) weeks of maternity
                                            leave (the “Maternity Leave”) if the Employee fulfills the following limited
                                            conditions:

 

		14.1.1.	the
                                            child is a Singapore Citizen;
	 	 	 
		14.1.2.	the
                                            child’s parents are lawfully married; and
	 	 	 
		14.1.3.	the
                                            Employee has worked for the Employer for at least 3 months immediately before the child’s
                                            birth.

 

		14.2.	The
                                            Maternity Leave pursuant to Clause 15.1 is to be distributed in the following manner:

 

		14.2.1.	four
                                            (4) weeks immediately before the delivery of her child; and

 

	 	 	 
	 	 	 
	 	Ohmyhome
  Pte. Ltd | 11 Lorong 3 Toa Payoh #04-17, Block B, Jackson Square, Singapore 319579 | License
  No. L3010739Z | +65 6886 9009 | www.omh.sg	 

 

    	 

    	 

    

 

 

		14.2.2.	twelve
                                            (12) weeks immediately after the delivery of her child.

 

		14.3.	Alternative
                                            distribution of the Maternity Leave will be by Agreement between the Parties and be guided
                                            under Section Nine (9) of the Child Development Co-savings Act (Chapter 38A).

 

		14.4.	The
                                            Employee will also be entitled to receive payment from the Employer at the gross rate of
                                            pay for the entire Maternity Leave.

 

		14.5.	Any
                                            work that the Employee is required to perform during her Maternity Leave shall be by written
                                            agreement between the Parties.

 

		14.6.	Where
                                            the Employee is required to work for any day during the period that the Employee is on Maternity
                                            Leave, the Employee is entitled to receive an additional amount equivalent to a day’s
                                            pay at the gross rate of pay or to absent herself from work on another day at the end of
                                            the Maternity Leave.

 

		14.7.	The
                                            Employer should be given at least one (1) week’s notice by the Employee before the
                                            Employee goes on Maternity Leave.

 

	15.	Paternity
                                            Leave

 

		15.1.	The
                                            Employee will be entitled to paid two weeks of paternity leave (the “Paternity Leave”)
                                            for all births provided he meets the following criteria:

 

		15.1.1.	the
                                            child is a Singapore citizen born on or after 1 May 2017;

 

		15.1.2.	the
                                            child’s parents are lawfully married; and

 

		15.1.3.	the
                                            Employee must have served his employer for a continuous duration of at least three (3) months
                                            immediately preceding the birth of the child.

 

		15.2.	Paternity
                                            leave shall be taken within sixteen (16) weeks of the birth of the child. With mutual agreement
                                            between the Company and Employee, it may be taken flexibly within twelve (12) months of the
                                            birth of the child.

 

	16.	Childcare
                                            Leave

 

		16.1.	If
                                            the Employee’s child is Singaporean or the Employee meets the eligibility criteria
                                            under the Child Development Co-Savings Act (Chapter 38A), then the Employee with any child
                                            below seven (7) years of age will be entitled to six (6) days paid childcare leave
                                            per year to a maximum of forty-two (42) days, provided the Employee has worked for the Employer
                                            for at least three (3) months. The first 3 days will be paid by the Employer. The remaining
                                            3 days will be paid by the Singapore Government. Payments are capped at SGD 500 per day,
                                            including Central Provident Fund contributions (if applicable).

 

		16.2.	Any
                                            childcare leave unconsumed at the end of a twelve (12) months period as agreed between Parties,
                                            or upon termination, will be forfeited and no payment in lieu will be paid to the Employee.

 

	17.	Confidential
                                            Information

 

		17.1.	In
                                            this contract, ‘Confidential Information’ means:

 

		17.1.1.	information
                                            relating to the business, management systems, finances, transactions and affairs of the Employer
                                            including price and cost information and statistics, discount structures, sales statistics,
                                            business plans and programmes, potential business opportunities, expansion plans, marketing
                                            surveys and strategies, research and development projects, business forms, contractual negotiations,
                                            lists and details of customers/prospective customers/clients/prospective clients and of suppliers
                                            and prospective suppliers and details regarding the remuneration of employees, their experience
                                            and other information relating to those employed or engaged by the Employer ;

 

	 	 	 
	 	 	 
	 	Ohmyhome
  Pte. Ltd | 11 Lorong 3 Toa Payoh #04-17, Block B, Jackson Square, Singapore 319579 | License
  No. L3010739Z | +65 6886 9009 | www.omh.sg	 

 

    	 

    	 

    

 

 

		17.1.2.	trade
                                            secrets (including, without limitation, formulae, computer programs, processes, methods,
                                            inventions, technical data, databases, know-how, training techniques, marketing data, operating
                                            procedures, policies and practices and designs) relating to the business of the Employer
                                            and/or any of its customers/clients, suppliers, agents or distributors;

 

		17.1.3.	information
                                            relating to the business, finances, dealings, transactions and affairs of any supplier or
                                            customer/client or agent or distributor of the Employer and/or any related company;

 

		17.1.4.	information
                                            in respect of which the Employer is bound by an obligation of confidentiality to a third
                                            party; and

 

		17.1.5.	any
                                            information which is identified to the Employee by the Employer as being confidential or
                                            secret in nature or which ought reasonably to be regarded as confidential.

 

		17.2.	Except
                                            in the proper performance of the Employee’s duties (or as required by law), the Employee
                                            will not, either during the period of employment or at any time after the termination of
                                            the employment, without the prior written approval of the Employer, use Confidential Information
                                            for the Employee’s own benefit or for the benefit of any other person, firm, company
                                            or organization (other than the Employer) or directly or indirectly disclose Confidential
                                            Information to any person (other than any person employed by the Employer whose province
                                            it is to have access to that Confidential Information).

 

		17.3.	During
                                            the Employee’s employment, the Employee will:

 

		17.3.1.	use
                                            the Employee’s best endeavors to prevent the unauthorized publication or disclosure
                                            by third parties of any Confidential Information; and

 

		17.3.2.	not
                                            make (otherwise than for the benefit of the Employer) any notes, memoranda, records, tape
                                            recordings, computer programs, photographs, plans, drawings or any other form of record (whether
                                            electronic or paper) relating to any matter within the scope of the business of the Employer
                                            or concerning any of the dealings or affairs of the Employer.

 

		17.4.	On
                                            the termination of the Employee’s employment (or earlier if so requested), the Employee
                                            will return to the Employer all reports, manuals, files, disks, records, accounts, documents
                                            or other material relating to the Employer (whether or not containing Confidential Information),
                                            and any keys, swipe cards, laptops, mobile telephones or any other property of or relating
                                            to the Employer. The Employee agrees to delete any copies (whether electronic or paper) of
                                            any documents relating to the business of the Employer and not to retain any copies (in any
                                            format) of any such document.

 

	18.	Non-Competition
                                            Restrictions

 

		18.1.	The
                                            Employee shall not at any time during the Employment and in any case or for a period of six
                                            (6) months from the date of termination of the Employment (the “Termination Date”),
                                            do or permit any of the following without the prior written consent of the Company, that
                                            is, either solely or jointly with or on behalf of any person directly or indirectly carry
                                            on or be engaged or interested in the business of tech start up (the “Business”)
                                            in Singapore and Malaysia directly or indirectly competing with the Company.

 

		18.2.	In
                                            the event that this Agreement is terminated for whatever reason, the Employee shall not from
                                            the Termination Date to the date falling six (6) months thereafter:

 

		18.2.1.	interfere
                                            with any business relationship between the Company and any other person; or

 

		18.2.2.	cause
                                            or permit any person or company directly or indirectly under his control to do any of the
                                            forgoing acts or things;

 

without
the prior written consent of the Company.

 

	 	 	 
	 	 	 
	 	Ohmyhome
  Pte. Ltd | 11 Lorong 3 Toa Payoh #04-17, Block B, Jackson Square, Singapore 319579 | License
  No. L3010739Z | +65 6886 9009 | www.omh.sg	 

 

    	 

    	 

    

 

 

		18.3.	The
                                            Employee shall not at any time during the Employment and in any case or for a period of six
                                            (6) months from the Termination Date do or permit any of the following without the prior
                                            written consent of the Company:

 

		18.3.1.	solicit
                                            the custom of any person in Singapore and Malaysia who is or has been at any time prior to
                                            the execution of this Agreement a client of the Company for the purpose of offering to such
                                            client goods or services similar to or competing with those of the Business of the Company;

 

		18.3.2.	solicit
                                            or entice away or endeavor to solicit or entice away any director or employee of the Company;

 

		18.3.3.	otherwise
                                            divert or attempt to divert from the Company any business whatsoever; or
	 	 	 

		18.3.4.	cause
                                            or permit any person or company directly or indirectly under his control to do any of the
                                            forgoing acts or things.

 

		18.4.	The
                                            Company and the Employee recognise that the laws and public policies of Singapore and their
                                            interpretation may be uncertain as to the validity and enforceability of certain of the provisions
                                            contained in this Clause 19. It is the intention of the Company and the Employee that the
                                            provisions of this Clause 19 shall be enforced to the fullest extent permissible, and that
                                            the unenforceability (or the modification to conform with such laws or public policies) of
                                            any provision hereof shall not render unenforceable or impair the remainder of this Clause
                                            19 or this Agreement. Accordingly if any provision of this Clause 19 is invalid or unenforceable,
                                            either in whole or in part, this Agreement shall be deemed to delete or modify as necessary,
                                            the offending provision and to alter the balance of this Clause 19 and this Agreement in
                                            order to render the same valid and enforceable to the fullest extent permissible as aforesaid.
                                            In the event that the provisions of this Clause 19 are found to exceed the maximum area,
                                            period of time or scope which a court of competent jurisdiction can or will enforce, said
                                            area, period of time and scope shall, for purposes of this Agreement, consist of the maximum
                                            area or period of time or scope which a court of competent jurisdiction can and will enforce.

 

	19.	Conflict
                                            of Interest

 

		19.1.	The
                                            Employee shall not at any time during the Employment with the Company either directly or
                                            indirectly (without prior consent from the Company) engage or interest himself, whether for
                                            reward or gratuitously, in any form of work of business or interest which conflicts with
                                            the interests of the Company.

 

		19.2.	The
                                            Employee shall inform the Company as soon as reasonably practicable in the event that he
                                            is in any situation which may result in a conflict of interests with the Company.

 

		19.3.	The
                                            Employee’s employment and service to the Company is exclusive and he shall not, without
                                            written permission of the Company, be engaged in any outside business of or be employed in
                                            any capacity by any person, government department, statutory board, firm, company or organization
                                            other than the Company.

 

	20.	Company’s
                                            Property

 

All
documents, manuals, hardware and software provided for the Employee’s use by the Company, and any data or documents (including
copies) produced, maintained or stored on the Company’s computer systems or other electronic equipment (including mobile phones),
remain the property of the Company.

 

	21.	Intellectual
                                            Property

 

		21.1.	The
                                            Employee shall give the Company full written details of all Inventions and of all works embodying
                                            Intellectual Property Rights made wholly or partially by him at any time during the course
                                            of the Appointment. The Employee acknowledges that all Intellectual Property Rights subsisting
                                            (or which may in the future subsist) in all such Inventions and works shall automatically,
                                            on creation, vest in the Company absolutely. To the extent that they do not vest automatically,
                                            the Employee holds them in trust for the Company. The Employee agrees promptly to execute
                                            all documents and do all acts as may, in the opinion of the Company, be necessary to give
                                            effect to this Clause 22.1.

 

	 	 	 
	 	 	 
	 	Ohmyhome
  Pte. Ltd | 11 Lorong 3 Toa Payoh #04-17, Block B, Jackson Square, Singapore 319579 | License
  No. L3010739Z | +65 6886 9009 | www.omh.sg	 

 

    	 

    	 

    

 

 

		21.2.	The
                                            Employee hereby irrevocably waives all moral rights (and all similar rights in any jurisdiction)
                                            which he has or will have in any existing or future works referred to in Clause 22.1.

 

		21.3.	The
                                            Employee irrevocably appoints the Company to be his attorney in his name and on his behalf
                                            to execute documents, use the Employee’s name and do all things which are necessary
                                            or desirable for the Company to obtain for itself or its nominee the full benefit of this
                                            clause. A certificate in writing, signed by any director or the secretary of the Company,
                                            that any instrument or act falls within the authority conferred by this Agreement shall be
                                            conclusive evidence that such is the case so far as any third party is concerned.

 

		21.4.	The
                                            Employee agrees to take all steps necessary to protect the Intellectual Property and prevent
                                            any portion of it from entering the public domain or falling into the hands of others not
                                            obligated to maintain the secrecy of the Intellectual Property.

 

		22.	Termination
                                            by Notice or Payment

 

		22.1.	After
                                            confirmation, either Party may terminate the Employment with one (1) month’ notice.

 

		22.2.	The
                                            Company reserves the right, whether the Employee resigns or is dismissed, to terminate the
                                            Employment forthwith and make a payment in lieu of notice.

 

		22.3.	On
                                            Termination Date, the Employee must return all Company property which is in his possession.
                                            The Employee will be liable to reimburse the Company for any loss of or damage to such property,
                                            except for fair wear and tear. The amount of such loss or damage shall be deducted from his
                                            final salary in the limits provided by the applicable legislation.

 

	23.	Termination
                                            Without Notice

 

		23.1.	The
                                            Company may also terminate the Appointment with immediate effect without notice and with
                                            no liability to make any further payment to the Employee (other than in respect of amounts
                                            accrued due at the date of termination) if the Employee:

 

		23.1.1.	is
                                            guilty of any gross misconduct affecting the business of the Company;

 

		23.1.2.	is
                                            absent from work without the permission of the Company;

 

		23.1.3.	commits
                                            any serious or repeated breach or non-observance of any of the provisions of this Agreement
                                            or refuses or neglects to comply with any reasonable and lawful directions of the Board;

 

		23.1.4.	is,
                                            in the reasonable opinion of the Board, negligent and incompetent in the performance of his
                                            duties; or

 

		23.1.5.	commits
                                            any fraud or dishonesty or acts in any manner which in the opinion of the Company brings
                                            or is likely to bring the Company into disrepute or is materially adverse to the interests
                                            of the Company.

 

		23.1.6.	The
                                            rights of the Company under Clause 24 are without prejudice to any other rights that it might
                                            have at law to terminate the Appointment or to accept any breach of this Agreement by the
                                            Employee as having brought the Agreement to an end. Any delay by the Company in exercising
                                            its rights to terminate shall not constitute a waiver thereof.

 

	 	 	 
	 	 	 
	 	Ohmyhome
  Pte. Ltd | 11 Lorong 3 Toa Payoh #04-17, Block B, Jackson Square, Singapore 319579 | License
  No. L3010739Z | +65 6886 9009 | www.omh.sg	 

 

    	 

    	 

    

 

 

	24.	Income
                                            Tax Clearance

 

		24.1.	The
                                            Employee shall be fully responsible for the discharge of all personal income tax and other
                                            liabilities and shall, prior to the cessation of the employment with the Company, ensure
                                            that such liabilities are fully and completely discharged.

 

		24.2.	In
                                            the event of the cessation of the Employment, in accordance with the provisions of Section
                                            68 of the Income Tax Act (Chapter 34), the Company will give written notice of the cessation
                                            of Employment to the comptroller of income tax (the “Comptroller”) and
                                            pending the issue of a directive by the Comptroller or the expiry of 30 days after the receipt
                                            by the Comptroller of aforesaid notice issued, payment of any sums as owing to the Employee
                                            will be withheld in in accordance with the provisions of that Section.

 

	25.	Entire
                                            Agreement

 

		25.1.	This
                                            Agreement constitutes the entire Agreement between the Parties and supersedes and extinguishes
                                            all previous agreements, promises, assurances, warranties, representations and understandings
                                            between them, whether written or oral, relating to its subject matter.

 

		25.2.	Each
                                            Party agrees that it shall have no remedies in respect of any statement, representation,
                                            assurance or warranty (whether made innocently or negligently) that is not set out in this
                                            Agreement. Each Party agrees that it shall have no claim for innocent or negligent misrepresentation
                                            based on any statement in this Agreement.

 

	26.	Changes
                                            to Terms of Employment

 

The
Company reserves the right to make reasonable changes to any terms of the Appointment. The Employee will be notified in writing of any
change as soon as possible and in any event within one (1) month of the change.

 

	27.	Notices

 

		27.1.	All
                                            notices required or permitted by this Agreement shall be in writing and in the English language
                                            and shall be sent to the recipient at its address set out above, or as otherwise directed
                                            by the recipient by notice given in accordance with this clause.

 

		27.2.	Notices
                                            shall be delivered by hand or sent by registered post, courier or by facsimile. If delivered
                                            by hand or sent by courier, notice will be deemed given on the date of receipt, if sent by
                                            facsimile, on the date of transmission, and if sent by registered post, five (5) days after
                                            being posted.

 

	28.	Contract
                                            (Rights of Third Parties) Act

 

The
Contracts (Rights of Third Parties) Act, Chapter 53B shall not under any circumstances apply to this agreement and any person who is
not a party to this agreement (whether or not such person shall be named, referred to, or otherwise identified, or shall form part of
a class of persons so named, referred to, or identified, in this agreement) shall have no right whatsoever under the Contracts (Rights
of Third Parties) Act, Chapter 53B to enforce this agreement or any of its terms.

 

	29.	Severability

 

The
various provisions of this Agreement are severable and if any provision is held to be invalid or unenforceable by any court of competent
jurisdiction, such invalidity or unenforceability shall not affect the remaining provisions of this Agreement.

 

	 	 	 
	 	 	 
	 	Ohmyhome
  Pte. Ltd | 11 Lorong 3 Toa Payoh #04-17, Block B, Jackson Square, Singapore 319579 | License
  No. L3010739Z | +65 6886 9009 | www.omh.sg	 

 

    	 

    	 

    

 

 

	30.	Expiration
                                            or Determination of Agreement

 

The
expiration or determination of this Agreement howsoever arising shall not operate or affect such of the provisions hereof as in accordance
with their terms are expressed to operate or have effect thereafter.

 

	31.	Governing
                                            Law

 

This
Agreement and any dispute or claim arising out of or in connection with it or its subject matter or formation (including non-contractual
disputes or claims) shall be governed by and construed in accordance with Singapore law and the parties hereto irrevocably submit to
the non-exclusive jurisdiction of the courts of Singapore.

 

	For
    and on behalf of the Employer:	 
	 	 
	/s/
    Rhonda Wong	 
	Rhonda
    Wong	 
	CEO	 

 

Acceptance

 

I,
Wong Wan Pei, NRIC No. S8271605Z, have read and understood the terms and conditions as stated in the contract and accept
the same without reservation.

 

	Sign:	/s/
    Wong Wan Pei	 
	 	 	 
	Date:	1
    May 2021	 

 

	 	 	 
	 	 	 
	 	Ohmyhome
  Pte. Ltd | 11 Lorong 3 Toa Payoh #04-17, Block B, Jackson Square, Singapore 319579 | License
  No. L3010739Z | +65 6886 9009 | www.omh.sgExhibit
10.5

 

	 	PRIVATE & CONFIDENTIAL

 

1
May 2019

Ohmyhome
Pte. Ltd. (the “Company”)

Address:
11 Lorong 3 Toa Payoh Block B #04-17, Jackson Square, Singapore 319579

 

Attn:
Board of Directors

Dear
Sirs,

 

Loan
facility of up to S$2,000,000

 

I
(the “Lender”) confirm that I am making available or procuring the making of the Facility described below to you subject
to the terms and conditions set out in this letter (as it may be supplemented or amended from time to time):

 

1.Borrower

 

Ohmyhome
Pte. Ltd. (Company Registration No. 201525768E), a company incorporated under the laws of Singapore and having its registered address
situated at 11 Lorong 3 Toa Payoh Block B #04-17 Jackson Square, Singapore 319579 (the “Borrower”).

 

2.
Facility

 

A
loan facility of up to S$2,000,000 (the “Facility”) or its equivalent in relevant currency.

 

3.
Drawdown

 

The
Borrower may, on any business day after the date hereof (or such other date as agreed between the Lender and the Borrower), make drawings
under the Facility provided that a notice of drawing is received by the Lender at least 1 business day before the proposed date of drawings.

 

For
the purpose of this letter, a business day shall mean a day (excluding Saturday) on which banks open for business in Singapore.

 

4.
Repayment and Prepayment

 

The
Borrower shall, on the earlier of (i) within 14 days from the date of demand by the Lender; (ii) the listing of the Company on any internationally
recognised stock exchange, or; (iii) December 31, 2023, repay to the Lender all outstanding amounts of the Facility and any other
sums due or payable by the Borrower to the Lender under this letter.

 

The
Borrower may prepay the whole or part of the principal amount borrowed and owing under the Facility without paying any fee, penalty or
compensation to the Lender (but without prejudice to the Borrower other obligations set out herein) provided that the Borrower shall
have given to the Lender not less than 24 hours’ prior written irrevocable notice. On the date on which any such prepayment is
made, the Borrower shall pay to the Lender the principal amount to be prepaid and any other sums due and payable by the Borrower hereunder.

 

Any
notice of prepayment given by the Borrower shall be irrevocable and shall oblige the Borrower to prepay in accordance with such notice.
Any amount prepaid may not be re-borrowed.

 

5.
Use of Proceeds

 

The
proceeds drawn under the Facility shall (unless with prior written consent of the Lender) be applied for payments including but not limited
to working capital needs.

 

6.
Interest

 

The
Facility shall be interest free.

 

    	 

    	 

    

 

7.
Payments

 

All
payments by the Borrower hereunder shall be made in immediately available funds free and clear of any withholdings or deductions for
any present or future taxes, imposts, levies, duties or other charges. In the event that the Borrower is required by law to make any
such deduction or withholding from any amount paid, the Borrower shall pay to the Lender such additional amount as shall be necessary
so that the Lender continues to receive a net amount equal to the full amount which it would have received if such withholding or deduction
had not been made.

 

8.
Assignment

 

This
letter shall be binding upon and inure to the benefit of the Lender and the Borrower. The Borrower may not assign or transfer any of
its rights and/or obligations under this letter without the consent of the Lender.

 

9.
Law and Jurisdiction

 

This
letter shall be governed by and construed in all respects in accordance with the laws of Singapore. The Borrower hereby irrevocably submits
to the non-exclusive jurisdiction of the Singapore courts.

 

10.
Waiver

 

No
waiver of any of the Lender’s rights or powers or any consent by the Lender shall be valid unless signed by the Lender in writing.
No failure or delay by the Lender in exercising any right, power or privilege hereunder shall operate as a waiver thereof, nor shall
any single or partial exercise preclude any other rights, power or privilege. The rights and remedies provided herein are cumulative
and not exclusive of any rights or remedies provided by law or any other rights the Lender may have.

 

11.
Notice and Service of Proceedings

 

Any
notice or other communication given or made under or in connection with the matters contemplated by this letter shall be in writing.

 

Any
such notice or other communication shall be addressed as provided in paragraph (c). All such notice or other communication from the Borrower
shall be irrevocable, and shall not be effective until received by the Lender. All such notice or other communication from the Lender
shall be deemed to have been duly given or made as follows:

 

i.
if sent by personal delivery, upon delivery at the address of the relevant party;

ii.
if sent by post, two days after the date of posting;

iii.
if sent by facsimile, when despatched.

 

The
relevant addressees and address of the Lender and the Borrower respectively are:

 

Name
and Address of the Parties 

 

Lender:

 

Vienna
Management Ltd.

Tropic
Isle Building, P.O. Box 438, Road Town, Tortola, BVI

 

Borrower:

 

Ohmyhome
Pte. Ltd.

11
Lorong 3 Toa Payoh, Block B #04-17 Jackson Square, Singapore 319579

 

12.
Severability

 

If
any provision of this letter is prohibited or unenforceable in any jurisdiction such prohibition or unenforceability shall not invalidate
the remaining provisions hereof or affect the validity or enforceability of such provision in any other jurisdiction.

 

We
trust that the above terms and conditions are acceptable to you. Please signify your acceptance of the Facility upon the terms and
conditions of this letter by counter signing this letter and returning the copy letter to us by no later than 7 days from the date
hereof. In the absence of our written agreement to the contrary, if we do not receive the duly signed acceptance and copy letter by
such time and date, this offer shall automatically lapse.

 

	Yours
    faithfully,	 
	 	 
	/s/
    Loh Kim Kang David	 
	Loh
    Kim Kang David	 
	For
    and on behalf of	 
	Vienna
    Management Ltd

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