Document:

Exhibit 10.65

 

 

Date: 27/05/2019

 

To: Mr. Saleh Mohamed Yammout 

 

Dear Sir,

 

With reference to your job interview and
the following discussions; we have the pleasure to submit our official work proposal as per the following terms and conditions:

 

Position:

You’ll work in the position of Chief
Financial Officer.

 

Responsibilities:

You will report to the CEO or representative
thereof.

 

Work Place:

Abu Dhabi - UAE and, you may be transferred
to any other branch/ location within UAE as per the work needs pursuant to a notification to be submitted to you. You may be delegated
on behalf of the company to different locations and countries if necessary.

 

Working Hours:

From Sunday to Thursday: From 8:30 am to
4:30 pm

Fridays & Saturdays are days off

 

Working hours may be changed from time
to time as per the work requirements.

 

Date of commencement: From
27/ 05/2019

 

Benefits:

You will receive a total monthly salary
of Sixty-Five Thousand Dirhams only (AED 65,000). The aforementioned salary includes: (basic salary & other allowances) as
per the following:

 

a- Basic Salary:

The basic salary included in the above
mentioned gross salary is Thirty Two Thousand and Five Hundred Dirhams only (AED 32,500).

 

    Abu Dhabi, UAE
Tel + 971 2 633 3149
Fax + 971 2 633 3152

     

    

 

 

b- Other Allowances:

The remainder of the gross salary of Thirty-Two
Thousand and Five Hundred Dirhams (AED 32,500) shall be distributed by the Employee for all other allowances as per the Employee’s
personal preference.

 

Other Benefits Offered by the Company:

 

		a.	Annual leave:

 

You’ll be entitled to an annual leave
of 30 payable days after the completion of 12 month as of the date of employment.

 

		b.	Travel tickets:

 

Business Class travel ticket for you and
your wife to your home country after one year as of the date of employment.

 

		c.	Medical Insurance:

 

The company will provide medical insurance
as per UAE Fujairah Law.

 

Bonuses:

You may be provided with bonuses based
on your performance and company’s evaluation and sole discretion.

 

Termination of Service:

The Notice Period will be one month notice
by either party for employment termination.

 

Return of Company Property

Upon the termination of your employment,
for any reason whatsoever, you must immediately deliver up to the Company all correspondence, documents, papers, memoranda, notes,
records (including any contained in magnetic media or other forms of computer storage), videos, tapes, and/or any other property
of the Company which may be in your possession or under your control. You must not allow the same to be used by any other party
whatsoever, and you must return the property to the Company without making or retaining any copies of it.

 

    Abu Dhabi, UAE
Tel + 971 2 633 3149
Fax + 971 2 633 3152

     

    

 

 

Confidentiality

You shall, during the continuance of your
employment and at all times thereafter and/ or after the end of your employment term, keep with absolute secrecy and shall not
reveal, disclose or publish outside the Company to any person, firm or organization, unless nominated by the Company, or otherwise
utilise other than for the proper performance of your duties any information of a confidential nature. This includes without limitation
trade secrets, know-how, inventions, designs, processes, formulae, notations, improvements, financial information and lists of
clients concerning the affairs or business or products of the Company or of any Group Company or of any of their predecessors in
business or of any of their suppliers, agents, distributors or customers of which you may now or hereafter know or learn while
in the Company’s employment, and shall not use for your own purposes other than those of the Company or of any Group Company
any such confidential information.

 

Best Interests of the Company

 

		a.	At all times during the continuance of this Agreement
you shall use your best endeavours to promote and protect the interests of the Company (and any sister Company) and shall faithfully
and diligently perform such duties and exercise such powers as may from time to time be assigned to or vested in you and shall
not do anything that is or could be harmful to the Company or any sister Company.

 

		b.	You are required to devote your full time, attention
and abilities to your job duties during working hours, and to act in the best interest of the Company. You must not be in any
way directly engaged or concerned in any other business or undertaking without the written consent of the Board.

 

Business Interests

During your employment with the Company,
and at any time during the period of two years following the end of your employment term; you shall not directly or indirectly:

 

		a.	engage or be concerned or interested in any business
which competes with the business of the Company or any sister Company in which you were involved during your employment; or

 

    Abu Dhabi, UAE
Tel + 971 2 633 3149
Fax + 971 2 633 3152

     

    

 

 

		b.	engage in competition with the Company or any sister
Company, solicit away from the Company or any sister Company or deal with any of its or their clients with whom you had contact
in the course of your employment; or

 

		c.	engage or solicit the employment or engagement of any
employee employed by the Company in any capacity at the date of your termination who at any time during the term of your employment
reported directly or indirectly to you or with whom you had regular contact in the course of their employment.

 

		d.	If any of the restrictions or obligations contained in
this Clause are held not to be valid on the basis that they exceed what is reasonable for the protection of the goodwill or interest
of the Company and any sister Company but would be valid if part of the wording were deleted then such restriction or obligation
shall apply with such deletions as may be necessary to make such restriction or obligation enforceable.

 

Intellectual Property

 

		a.	To the extent permitted by law, all rights in patents,
copyright, registered. design right, design right, trademarks, confidential information and know-how which arise by virtue of
your activities during your employment shall belong to the Company absolutely.

 

		b.	You shall, at the request and expense of the Company,
execute such documents and do such things as may be required to vest such rights in the Company or to provide evidence of such
vesting, as the case may be.

 

Deductions and Set-offs

“You consent to the deduction and
set-off from your Salary or from any other sums owed to you by the Company of any sums owing by you to the Company at any time,
which shall for the purposes of this clause include any sums equal to any loss which has been or which the Company genuinely estimates
will be incurred by the Company or any sister Company arising from a breach by you of any of the terms of this Agreement.

 

    Abu Dhabi, UAE
Tel + 971 2 633 3149
Fax + 971 2 633 3152

     

    

 

 

Employment Term

The term of the contract shall be two renewable
years after the consent of both parties.

 

Governing Law

This employment offer is governed by the
laws of the Emirate of Fujairah, UAE.

 

You should comply with the rules of non-competitiveness,
in particular, Art. 127 of Labor Law, UAE

 

Kindly note that this agreement will constitute
an integral part of the Labor Contract.

 

In case you consent on the terms and conditions
as mentioned above kindly sign below and return to the undersigned.

 

I accept the above mentioned terms and conditions.

 

Name: Mr. Saleh Mohamed Yammout 

 

Date:

 

	Signature:	/s/ Saleh Mohamed Yammout 	 

 

	Brooge  Petroleum
    and Gas Investment Co.	 
	 
	Name:
    Mr. Nicolaas Paardenkooper 
	 
	Position:
    CEO 
	 
	Date:
	 
	Signature:	/s/
    Nicolaas Paardenkooper 
	 	 	 

Abu Dhabi,
UAE

Tel + 971 2 633 3149

Fax + 971 2 633 3152Exhibit 10.66

 

 

Executed
version

 

 

 

 

 

 

LAND
LEASE INITIAL AGREEMENT

 

 

 

 

between

 

 

 

 

FUJAIRAH
OIL INDUSTRY ZONE

 

 

 

 

and

 

 

 

 

BROOGE
PETROLEUM AND GAS INVESTMENT COMPANY FZE

 

 

 

 

 

 

 

    Page 1 | 4

     

    

 

 

This
Initial Agreement is entered into on July 14th, 2019

 

Between:

 

Fujairah
Oil Industry Zone, P.O. Box 9900, Fujairah, United Arab Emirates (hereinafter referred to as “FOIZ”)

 

And

 

Brooge
Petroleum & Gas Investment Company FZC (BPGIC), PO Box 50170, Fujairah, United Arab Emirates (hereinafter referred to as “BPGIC”)

 

together
referred to as the “Parties”, or individually as “Party”.

 

WHEREAS:

 

		A-	BPGIC
is interested to construct and develop a high-tech and advanced Crude Oil storage and blending facility (the “Project”).
As a consequence, BPGIC explored the possibility of procuring a land parcel of about 450,000 within FOIZ on a lease basis.

 

		B-	To
support BPGIC in its endeavours to carry out technical and commercial feasibility, FOIZ is amenable to identify a land parcel
of about 450,000 sq. m, with the possibility of leasing the Land to BPGIC. The Parties agree and acknowledge the mutual interest
and wish to agree on a final long-term lease agreement (the “Lease”) in accordance with the terms and conditions as
set forth below.

 

NOW,
THEREFORE, it is agreed as follows:

 

1-
FRAMEWORK OF COOPERATION

 

1.1
Both Parties agree and acknowledge that BPGIC shall use its best endeavors to finalize its technical and design feasibility of
the Project to be constructed on the Land. The Parties agree that this Initial Agreement only sets forth the understanding as
of the date between the Parties hereto and shall not and is not intended to create any legally or financially binding commitments
on either Party.

 

1.2
the Parties shall agree on and determine the interface of cooperation in order to assure a coordinated communication leading to
the mutual agreement of the terms and conditions of the Lease.

 

    Page 2 | 4

     

    

 

2
– DURATION

 

This
Initial Agreement shall be effective from the Effective Date and shall remain in full force for 6 months automatically renewable
for a further 6 months unless otherwise terminated by either Party.

 

3-
MISCELLANEOUS

 

		a)	This
Initial Agreement and any of its provisions may only be altered or amended if in writing and signed by both Parties, except in
case of earlier termination which can be carried unilaterally by either party

 

		b)	This
Initial Agreement is not intended, nor shall create, express or imply, any legal relationship between the Parties that may be
construed as an agency or partnership or otherwise and no Party shall be authorized to bind the other Party or to act in its name.

 

		c)	Nothing
in this Initial Agreement shall be construed to grant, transfer or assign a Party any right or license under any intellectual
property right (whether registered or unregistered), patent, know-how, trade secret, invention, discovery or improvement belonging
to the other Party.

 

		d)	A
person who is not a Party has no rights under applicable laws to enforce or enjoy the benefit of any provision of this Initial
Agreement.

 

		e)	Neither
this Initial Agreement, nor any of the rights, interests or obligations hereunder may be assigned, novated or otherwise transferred
by a Party.

 

4-
GOVERNING LAW AND JURISDICTION

 

This
Initial Agreement shall be governed by and construed, enforced and performed in accordance with the laws of the Free zone of the
Emirate of Fujairah.

 

    Page 3 | 4

     

    

 

IN
WITNESS WHEREOF the Parties hereto have set their hands the day and year first above written.

 

	SIGNED:	 	SIGNED:
	 	 	 
		 	
	For and on behalf of	 	For and on behalf of
	Fujairah Oil
    Industry Zone	 	Brooge Petroleum
    and Gas Investment Company FZE

 

	Name: 	Capt.
Salem Al Hamoudi	 	Name:  	Nicolaas
L. Paardenkooper
	Title: 	Director	 	Title: 	C.E.O.
	Date: 	July 14th 2019	 	Date: 	July 14th 2019

 

 

Page 4 | 4

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