Document:

EX-10.4

 EXHIBIT 10.4 

AMENDMENT NO. 2 TO 

FIRST AMENDED AND RESTATED 

AGREEMENT OF LIMITED PARTNERSHIP 

OF 
 EPD PRIVCO UNIT I
L.P. 
 This Amendment No. 2 dated effective as of September 30, 2020 (this “Amendment”) to the First Amended
and Restated Agreement of Limited Partnership of EPD PrivCo Unit I L.P., a Delaware limited partnership (the “Partnership”), is hereby adopted by (i) Enterprise Products Company, a Texas corporation, as the General Partner of
the Partnership, (ii) EPCO Holdings, Inc., a Delaware corporation, as the Class A Limited Partner of the Partnership, and (iii) Class B Limited Partners of the Partnership collectively representing a Required Interest.
Capitalized terms used but not otherwise defined herein are used as defined in the LP Agreement (as defined below). 
 RECITALS 

A. The Partnership was formed on February 18, 2016 pursuant to the Delaware Revised Uniform Limited Partnership Act, as the same may be
amended, modified or replaced (the “Act”). 
 B. The Partnership is currently governed by that certain First Amended and
Restated Agreement of Limited Partnership of the Partnership, dated effective as of November 3, 2016, by the Partners (as amended, the “LP Agreement”). 

C. The General Partner, the Class A Limited Partner and Class B Limited Partners collectively representing a Required Interest
desire to amend the LP Agreement on the terms and conditions hereinafter set forth in accordance with Section 12.05 of the LP Agreement. 

AGREEMENT 
 NOW,
THEREFORE, the LP Agreement is hereby amended as follows: 
 1. Amendments. 

(a) Certain Definitions. 

(i) The definition of “Vesting Date” as set forth in Section 1.01 of the LP Agreement is
amended and restated to read, in its entirety, as follows: 
 “‘Vesting Date’ means the earliest of
(i) February 22, 2023, (ii) the first date on or after September 30, 2020 for which the Closing Sale Price is greater than or equal to $25.41 (as such dollar amount may be adjusted in the sole discretion of the General Partner in
order to reflect any equity split, equity distribution or dividend, reverse split, combination, reclassification, recapitalization or other similar event affecting the EPD Units), (iii) a Change of Control or (iv) dissolution of the
Partnership.” 

 (ii) The following definition is added to
Section 1.01 of the LP Agreement, to appear in the appropriate alphabetical order: 

“‘Closing Sale Price’ means, for any given date, the closing sale price (or, if no closing sale price is
reported, the average of the bid and asked prices) per EPD Unit, as reported for such date in the composite transactions for the principal United States securities exchange on which the EPD Units are traded or, if the EPD Units are not listed on a
national or regional stock exchange, as reported by The NASDAQ National Market.” 
 (b) Fair Market Value on the Vesting Date.

 The first sentence appearing after clause (ii) within Section 11.02(c) of the LP Agreement
is amended and restated to read, in its entirety, as follows: 
 “For purposes of this Section 11.02(c), the
‘fair market value’ of each EPD Unit held by the Partnership on the Vesting Date shall be equal to (a) for any Vesting Date other than February 22, 2023, the Closing Sale Price for such Vesting Date or (b) for a Vesting Date
of February 22, 2023, the greater of (i) the Closing Sale Price for such Vesting Date or (ii) the average of the Closing Sale Prices for the 20 trading days ending on such Vesting Date.” 

2. Governing Law. This Amendment shall be interpreted, construed and enforced in accordance with the laws of the State of Delaware without regard to
the principles of conflicts of laws. 
 3. Counterparts. This Amendment may be executed in any number of counterparts, all of which together shall
constitute an agreement binding on all the parties hereto, notwithstanding that all such parties are not signatories to the original or the same counterpart. 

4. Severability. If any provision of this Amendment or its application to any person, entity or circumstance is held invalid or unenforceable to any
extent, the remainder of this Amendment and the application of such provision to other persons, entities or circumstances is not affected and such provision shall be enforced to the greatest extent permitted by law. 

5. Terms of LP Agreement Ratified and Confirmed. The LP Agreement, as modified, amended or supplemented by this Amendment, remains in full force and
effect. 
 [Signatures Pages to Follow.] 

  

					
		  	2	  	 Amendment No. 2 to

LP Agreement of
 EPD PrivCo
Unit I L.P.

 IN WITNESS WHEREOF, the undersigned, intending to be legally bound hereby, have duly
executed this Amendment as of the date first written above. 
  

							
	GENERAL PARTNER:	 		 	ENTERPRISE PRODUCTS COMPANY
				
		 		 	By:	 	 /s/ Richard H. Bachmann

		 		 		 	Richard H. Bachmann
		 		 		 	President and Chief Executive Officer
			
	CLASS A LIMITED PARTNER:	 		 	EPCO HOLDINGS, INC.
				
		 		 	By:	 	 /s/ Richard H. Bachmann

		 		 		 	Richard H. Bachmann
		 		 		 	President and Chief Executive Officer
			
	CLASS B LIMITED PARTNERS:	 		 	Representing a majority of Class B Limited Partners of the Partnership, pursuant to Powers of Attorney executed in favor of, and granted and delivered to the General Partner
				
		 		 	By:	 	ENTERPRISE PRODUCTS COMPANY
		 		 	 (As attorney-in-fact for the
Class B
 Limited Partners pursuant to powers of

attorney)

				
		 		 	By:	 	 /s/ Richard H. Bachmann

		 		 		 	Richard H. Bachmann
		 		 		 	President and Chief Executive Officer

  

					
		  	3	  	 Amendment No. 2 to

LP Agreement of
 EPD PrivCo
Unit I L.P.Exhibit
10.9

 

AMENDED
AND RESTATED EMPLOYMENT AGREEMENT

 

This
Amended and Restated Employment Agreement (the “Agreement”) is made and entered into as of September, 29 2020, by
and between Esports Entertainment Group, Inc., a Corporation organized and existing under the laws of the State of Nevada (the
“Company”), and Grant Johnson (“Executive”).

 

RECITALS

 

	 	A.	Executive
    is knowledgeable with respect to the business of the Company
	 	 	 
	 	B.	Company
    desires to offer employment to Executive and Executive desires to be employed by Company.
	 	 	 
	 	C.	Company
    and Executive agree to enter into an Employment Agreement providing for the term set forth in Section 3 below, with automatic
    annual one-year renewals thereafter on the terms and conditions herein provided.

 

In
consideration of the mutual promises set forth in this Agreement the parties hereto agree as follows:

 

ARTICLE
I

 

Term
of Employment

 

Subject
to the provisions of Article V, and upon the terms and subject to the conditions set forth herein, the Company will continue
to employ Executive for the period beginning retroactively on May 1, 2020 (the “Commencement Date”) and ending on
January 31, 2025, (the “Initial Term”). The Initial Term shall be automatically renewed for successive
consecutive one (1) year periods (each, a “Renewal Term” and the Initial Term and Renewal Term are collectively
referred to as the “term of employment”) thereafter unless either party sends written notice to the other party,
not more than 270 days and not less than 180 days before the end of the then-existing term of employment, of such
party’s desire to terminate the Agreement at the end of the then-existing term, in which case this Agreement will
terminate at the end of the then-existing term. Executive will serve the Company during the term of employment.

 

ARTICLE
II

 

Duties

 

2.01
(a) During the term of employment, Executive will:

 

(i)
Promote the interests, within the scope of his duties, of the Company and devote his full working time and efforts to the Company’s
business and affairs;

 

(ii)
Serve as the Chief Executive Officer of the Company; and

 

(iii)
Perform the duties and services consistent with the title and function of such office, including without limitation, those set
forth in the By-Laws of the Company.

 

(b)
Notwithstanding anything contained in clause 2.01(a)(i) above to the contrary, nothing contained herein or under law shall be
construed as preventing Executive from (i) investing Executive’s personal assets in such form or manner as will not require
any services on the part of Executive in the operation or the affairs of the companies in which such investments are made and
in which his participation is solely that of an investor; (ii) engaging (whether or not during normal business hours) in any other
professional, civic, or philanthropic activities provided that Executive’s engagement does not result in a violation of
his covenants under this Section or Article VI hereof; or (iii) accepting appointments to the boards of directors of other companies
provided that the Board of Directors of the Company reasonably approves of such appointments and Executive’s performance
of his duties on such boards does not result in a violation of his covenants under this Section or Article VI hereof.

 

    	 

     

    

 

ARTICLE
III

 

Base
Compensation

 

3.01
The Company will compensate Executive for the duties performed by him hereunder by payment of a base salary at the rate of Three
Hundred thousand ($300,000) per annum (the “Base”), payable in equal semimonthly installments, subject to customary
withholding for federal, state, and local taxes and other normal and customary withholding items. The Base will be increased on
January 1 of each year by three percent (3%) per annum (which figure shall act as a surrogate for the service cost of living increases)
over the then-existing Base. All dollar references contained herein shall be references to United States dollars.

 

3.02
Reserved.

 

3.03
Cash Bonus. In addition to the Base, the Company shall pay to the Executive a bonus determined by the relationship between
the Company’s annual performance and an annual target performance set each year by mutual agreement between the Board of
Directors and the Executive as follows:

 

	% of Target	 	>150%	 	149-120%	 	119-100%	 	99-80%	 	79-60%	 	Under 60%
	% of Base Salary	 	150%	 	149-120%	 	119-100%	 	60%		30%	 	0%

 

3.04
Stock Bonus. The Executive will participate in the Executive stock option plan consistent with other C-level officers,
once adopted by the Company. In addition, the Executive will receive 100,000 shares of common stock of the Company for each stock
or asset acquisition that the Company consummates during the term of the Executive’s employment that increases the gross
revenues of the Company by $10,000,000.00 or more, as determined by the Company’s auditors and the Board of Directors. There
will be a 200,000 common stock issuance if the Company reaches positive cash flow EBIDTA, as determined by the Company’s
auditors and the Board of Directors. The Executive will receive a common stock issuance of 200,000 shares if the market capitalization
of the Company exceeds $500,000,000 for a period of 30 consecutive trading days. In addition, the Executive will receive a 200,000
common stock issuance if the market capitalization of the Company exceeds $1,000,000,000 for a period of 30 consecutive trading
days. In addition, the Executive will receive a 200,000 common stock issuance if the market capitalization of the Company exceeds
$1,500,000,000 for a period of 30 consecutive trading days. The Executive will receive an additional 100,000 common stock issuance
for each additional $100,000,000 increase in market capitalization thereafter, provided that such increase is sustained for a
period of 30 consecutive trading days.

 

ARTICLE
IV

 

Reimbursement
and Employment Benefits

 

4.01
Health and Other Medical. Executive shall be eligible to participate in all health, medical, dental, and life insurance
employee benefits as are available from time to time to other key executive employees (and their families) of the Company, including
a Life Insurance Plan, Medical and Dental Insurance Plan, and a Long Term Disability Plan (the “Plans”). The Company
shall pay all premiums with respect to such Plans. To the extent that such reimbursement is deemed to be includable in Executive’s
gross income and taxable, the Company shall pay to the Executive the Tax Effect (as defined herein) of such sum (e.g., if the
reimbursement is $1,000.00, then the Company would pay to the Executive the sum of $666.67, which is $1000 divided by the Tax
Effect (assuming a 40% rate), and subtracting the amount reimbursed). “Tax Effect” shall mean the quotient of the
amount reimbursed divided by 0.54.

 

    	 

     

    

 

4.02
Vacation. Executive shall be entitled to Four (4) weeks of vacation and five (5) personal days per year, to be taken in
such amounts and at such times as shall be mutually convenient for Executive and the Company. Any time not taken by Executive
in one year shall be carried forward to subsequent years. If all such vacation and personal time to which Executive is entitled
is not taken by Executive before the termination of this Agreement, Executive shall be entitled to be reimbursed upon termination
(for any reason) for such lost time in accordance with the Base then in effect.

 

4.03 Performance-Enhancing Items. Executive shall be entitled to receive from the Company (a) an annual car allowance up to ten thousand
dollars ($10,000.00) per annum, and (b) reimbursement by the Company for home office expenses, including, without limitation,
the purchase and maintenance of a home computer with linkup facilities to the Company, a home facsimile, printer and scanner,
interconnection of two telephone or cable connections to the Internet, laptop computer, portable mobile phone, together with
any charges for the use thereof. To the extent that any and all such reimbursements or payments by the Company are includable
in Executive’s gross income and taxable, then the Company shall, on or before June 1 of the year after the payment is
made, pay the Tax Effect thereof to the Executive.

 

4.04 Reimbursable
Expenses. The Company shall in accordance with its standard policies in effect from time to time reimburse Executive for
all reasonable out-of-pocket expenses actually incurred by him in the conduct of the business of the Company including
business class air travel for flights of 4 hours or more, quality hotels and rental cars, entertainment and similar executive
expenditures provided that Executive submits all substantiation of such expenses to the Company on a timely basis in
accordance with such standard policies.

 

4.05
Savings Plan. Executive will be eligible to enroll and participate, and be immediately vested in (to the extent legally
possible and in accordance with existing Company benefit plans), all Company savings and retirement plans, including any 401(k)
plans. To the extent permissible by law and the Company’s benefit plan documentation and requirements, the Company shall
match in cash fifty percent (50%) of all of Executive’s contributions to such plan or plans. To the extent that any and
all such reimbursements or payments by the Company are includable in Executive’s gross income and taxable, then the Company
shall, on or before June 1 of the year after the payment is made, pay the Tax Effect thereof to the Executive.

 

4.06
Life Insurance. The Company shall pay all premiums for Executive to receive on his (a) term life insurance premiums paid
by Executive on his own life, provided that the life insurance proceeds do not exceed 300% of Executive’s previous year’s
Base and Bonus and (b) split dollar life insurance in the face amount of $__________, it being understood that Executive may designate
the beneficiary (or beneficiaries) of such policies. To the extent that any and all such reimbursements or payments by the Company
are includable in Executive’s gross income and taxable, then the Company shall, on or before June 1 of the year after the
payment is made, pay the Tax Effect thereof to the Executive.

 

4.07
Directors and Officers Liability Insurance. The Company will provide liability insurance coverage protecting Executive
and his estate, to the extent permitted by law against suits by fellow employees, shareholders and third parties and criminal
and regulatory investigations arising out of any alleged act or omission occurring with the course and scope of Executive’s
employment with the Company. Such insurance will be in an amount not less than two million dollars ($2,000,000).

 

4.08
Financial Planning. The Company shall reimburse Executive for all legal, and accounting costs, fees, and expenses incurred
each year by Executive in connection with (a) income tax preparation and (b) estate planning, provided that the aggregate annual
expenses to be reimbursed shall not exceed Ten Thousand Dollars ($10,000.00). To the extent that any and all such reimbursements
or payments by the Company are includable in Executive’s gross income and taxable, then the Company shall, on or before
June 1 of the year after the payment is made, pay the Tax Effect thereof to the Executive.

 

    	 

     

    

 

ARTICLE
V

 

Termination

 

5.01
Automatic. This Agreement shall be automatically terminated upon the first to occur of the following (a) the Company’s
termination pursuant to section 5.02, (b) the Executive’s termination pursuant to section 5.03 or (c) the Executive’s
death.

 

5.02
By the Company. This Agreement may be terminated by the Company upon written notice to the Executive upon the first to
occur of the following:

 

(a)
Disability. Upon the Executive’s Disability (as defined herein). The term “Disability” shall mean the
Executive cannot physically or mentally perform the essential functions of the position with or without reasonable accommodations.

 

(b)
Cause. Upon the Executive’s commission of Cause (as defined herein). The term “Cause” shall mean the
following:

 

(i)
Any willful violation by Executive of any material provision of this Agreement (including without limitation Sections 6.01 and
6.02 hereof) causing demonstrable and serious injury to the Company, upon written notice of same by the Company describing in
detail the breach asserted and stating that it constitutes notice pursuant to this Section 5.02(b)(i), which breach, if capable
of being cured, has not been cured within sixty (60) days after such notice or such longer period of time if Executive proceeds
with due diligence not later than ten (10) days after such notice to cure such breach.

 

(ii)
Embezzlement by Executive of funds or property of the Company;

 

(iii)
Fraud or willful misconduct on the part of Executive in the performance of his duties as an employee of the Company, or gross
negligence on the part of Executive in the performance of his duties as an employee of the Company causing demonstrable and serious
injury to the Company, provided that the Company has given written notice of such breach which notice describes in detail the
breach asserted and stating that it constitutes notice pursuant to this Section 5.02(b)(iii), and which breach, if capable of
being cured, has not been cured within sixty (60) days after such notice or such longer period of time if Executive proceeds with
due diligence not later than ten (10) days after such notice to cure such breach; or

 

(iv)
A felony conviction of Executive under the laws of the United States or any state (except for any conviction based on a vicarious
liability theory and not the actual conduct of the Executive).

 

Upon
a termination for Cause, the Company shall pay Executive his Base and benefits including vacation pay through the date of termination
of employment; and Executive shall receive no severance under this Agreement.

 

5.03
By the Executive. This Agreement may be terminated by the Executive upon written notice to the Company upon the first to
occur of the following:

 

(a)
Change in Control. Upon the occurrence of a “Change in Control” (as defined herein) of the Company. The term
“Change in Control” shall mean any of the following: (i) a replacement of more than one half of the Board of Directors
of the Company from that membership of the Board of Directors which exists as of the date hereof, (ii) sale or exchange of all
or substantially all of the assets of either such Company, (iii) a merger or consolidation involving either such entity where
the entity is not the survivor in such merger or consolidation (or the entity ultimately owning or controlling such entity), (iv)
a liquidation, winding up, or dissolution of either such entity or (v) an assignment for the benefit of creditors, foreclosure
sale, voluntary filing of a petition under the Bankruptcy Reform Act of 1978, or an involuntary filing under such act which filing
is not stayed or dismissed within 45 days of filing.

 

    	 

     

    

 

(b)
Constructive Termination. Upon the occurrence of a “Constructive Termination” (as defined herein) by the Company.
The term “Constructive Termination” shall mean any of the following:

 

(i)
Any breach by the Company of any material provision of this Agreement, including, without limitation, the assignment to the Executive
of duties inconsistent with his position specified in Section 2.01 hereof or any breach by the Company of such Section, which
is not cured within 60 days after written notice of same by Executive, describing in detail the breach asserted and stating that
it constitutes notice pursuant to this Section 5.03;

 

(ii)
A substantial and continued reduction in the level of support, services, staff, secretarial resources, office space, and accoutrements
below that which is reasonably necessary for the performance of Executive’s duties hereunder, consistent with that of other
key executive employees.

 

5.04 Consequences
of Termination. Upon any termination of Executive’s employment with the Company, except for a termination for
Cause, the Executive shall be entitled to (a) a payment equal to the greater of (i) two (2) years’ worth of the then-existing Base and the last year’s Bonus (the “Severance”) and (b) retain the benefits set forth in Article
IV for the balance of the term. If the Severance is equal to the amount set forth in clause (ii), the Company shall also pay
to Executive in a timely fashion any excise and other penalties and taxes as a result of section 280G of the Internal Revenue
Code of 1986 as amended (or such replacement or successor provision and applicable state law counterpart). The Severance
shall be paid, at Executive’s option, either (x) in a lump sum upon termination with such payments discounted by the
U.S. Treasury rate most closely comparable to the applicable time period left in the Agreement or (y) as and when normal
payroll payments are made (except in the case of the Bonus which shall be payable in a lump sum between January 1 and January
10 of each year). As a condition to the Company’s obligation to pay said Severance, Executive shall execute a
comprehensive release of any and all claims that Executive may have against the Company (excluding any claims for the Company
to pay or provide Accrued Obligations and Severance Benefits) (Release of Claims) within twenty one (21) days of the
effective date of termination of employment, and Executive shall not revoke said release in writing within seven (7) days of
execution.

 

ARTICLE
VI

 

Covenants

 

6.01
Executive shall treat as confidential and keep secret the affairs of the Company and shall not at any time during the term of
employment or for a period of five years thereafter, without the prior written consent of the Company, divulge, furnish, or make
known or accessible to, or use for the benefit of, anyone other than the Company and its subsidiaries and affiliates any information
of a confidential nature relating in any way to the business of the Company or its subsidiaries or affiliates or their clients
and obtained by him in the course of his employment hereunder. provided, however, that confidential information of the
Company shall not include any information known or available generally to the public (other than as a result of unauthorized disclosure
by Executive).

 

6.02
All records, papers, and documents kept or made by Executive relating to the business of the Company or its subsidiaries or affiliates
or their clients shall be and remain the property of the Company.

 

6.03
Following the termination of Executive’s employment hereunder for any reason except for those set forth in section 5.03
in which event this section is inapplicable, Executive shall not for a period of twelve (12) months from such termination, solicit
any employee of the Company to leave such employ to enter the employ of Executive or of any person, firm, or Company with which
Executive is then associated (except solicitation by general means such as newspapers). During Executive’s employment with
the Company and for a period of 12 months after termination of Executive’s employment at any time and for any reason, except
for those set forth in Section 5.03 in which event this section is inapplicable, Executive shall not, directly or indirectly,
solicit any person who during any portion of the time of Executive’s employment or at the time of termination of Executive’s
employment with the Company, was a client, customer, policyholder, vendor, consultant or agent of the Company to discontinue business,
in whole or in part, with the Company. Executive further agrees that, during such time, if such a client, customer, policyholder,
vendor, or consultant or agent contacts Executive about discontinuing business with the Company or moving that business elsewhere,
Executive will inform such client, customer, policyholder, vendor, consultant or agent that he or she cannot discuss the matter
further without the consent of the Company

 

    	 

     

    

 

6.04.
Executive agrees as follows, except in the event of a termination pursuant to Section 5.03, in which event this section is inapplicable:

 

(a)
Executive agrees that during the term of his employment with the Company, neither he nor any of his Affiliates (Executive’s
Affiliates is defined as any legal entity in which Executive directly or indirectly owns at least a 25% interest or any entity
or person which is under the control of the Executive) will directly or indirectly compete with the Company in any way in any
business in which the Company or its Affiliates is engaged in, and that he will not act as an officer, director, employee, consultant,
shareholder, lender, or agent of any entity which is engaged in any business of the same nature as, or in competition with the
businesses in which the Company is now engaged or in which the Company becomes engaged during the term of employment; provided,
however, that this Section shall not prohibit Executive or any of his Affiliates from purchasing or holding an aggregate equity
interest of up to 10% in any publicly traded business in competition with the Company, so long as Executive and his Affiliates
combined do not purchase or hold an aggregate equity interest of more than 10%. Furthermore, Executive agrees that during the
term of employment, he will not accept any board of director seat or officer role or undertake any planning for the organization
of any business activity competitive with the Company (without the approval of the Board of Directors) and Executive will not
combine or conspire with any other Executives of the Company for the purpose of the organization of any such competitive business
activity.

 

(b)
In order to protect the Company against the unauthorized use or the disclosure of any confidential information of the Company
presently known or hereinafter obtained by Executive during his employment under this Agreement, Executive agrees that for a period
of twelve (12) months following the termination of this Agreement for any reason, neither Executive nor any of his Affiliates,
shall, directly or indirectly, for itself or himself or on behalf of any other corporation, person, firm, partnership, association,
or any other entity (whether as an individual, agent, servant, employee, employer, officer, director, shareholder, investor, principal,
consultant or in any other capacity):

 

(i)
engage or participate in any business, regardless of where situated, which engages in direct market competition with such businesses
being conducted by the Company during the term of employment; or

 

(ii)
assist or finance any person or entity in any manner or in any way inconsistent with the intents and purposes of this Agreement.

 

6.05.
Executive agrees that at no time during his employment by the Company or thereafter, shall he make, or cause or assist any other
person to make, any statement or other communication to any third party which impugns or attacks, or is otherwise critical of,
the reputation, business or character of the Company or any of its respective directors, officers or Executives. In addition,
the Company agrees that its Board of Director and executives will not disparage the Executive so long as the Executive separates
from the Company in good standing and abides by all terms of this agreement and signed non-disclosure and non-compete agreements.

 

6.06
If at the time of enforcement of any provision of this Agreement, a court shall hold that the duration, scope, or area restriction
of any provision hereof is unreasonable under circumstances now or then existing, the parties hereto agree that the maximum duration,
scope, or area reasonable under the circumstances shall be substituted by the court for the stated duration, scope, or area.

 

6.07
Executive acknowledges that any breach by him of the provisions of this Article VI of this Agreement shall cause irreparable harm
to the Company and that a remedy at law for any breach or attempted breach of Article VI of this Agreement will be inadequate,
and agrees that, notwithstanding Article VIII hereof, the Company shall be entitled to exercise all remedies available to it,
including specific performance and injunctive and other equitable relief, in the case of any such breach or attempted breach.

 

    	 

     

    

 

6.08
The Company represents and warrants that this Agreement has been duly authorized, executed, and delivered on behalf of the Company
and that this Agreement represents the legal, valid, and binding obligation of the Company and does not conflict with any other
agreement binding on the Company.

 

ARTICLE
VII

 

Assignment

 

7.01
This Agreement shall be binding upon and inure to the benefit of the successors and assigns of the Company without relieving the
Company of its obligations hereunder. Neither this Agreement nor any rights hereunder shall be assignable by Executive and any
such purported assignment by him shall be void.

 

ARTICLE
VIII

 

Entire
Agreement

 

8.01
This Agreement constitutes the entire understanding between the Company and Executive concerning his employment by the Company
or subsidiaries and supersedes any and all previous agreements between Executive and the Company or any of its affiliates or subsidiaries
concerning such employment, including, without limitation, the Original Employment Agreement. Each party hereto shall pay its
own costs and expenses (including legal fees) except as otherwise expressly provided herein incurred in connection with the preparation,
negotiation, and execution of this Agreement. This Agreement may not be changed orally, but only in a written instrument signed
by both parties hereto.

 

ARTICLE
IX

 

Applicable
Law. Miscellaneous

 

9.01
This Agreement shall be governed by and construed in accordance with the laws of the State of New York. All actions brought to
interpret or enforce this Agreement shall be brought in courts located in the State of New York.

 

9.02
In addition to all other rights and benefits under this Agreement, each party agrees to reimburse the other for, and indemnify
and hold harmless such party against, all costs and expenses (including attorney’s fees) incurred by such party (whether
or not during the term of this Agreement or otherwise), if and to the extent that such party prevails on or is otherwise successful
on the merits with respect to any action, claim, or dispute relating in any manner to this Agreement or to any termination of
this Agreement or in seeking to obtain or enforce any right or benefit provided by or claimed under this Agreement, taking into
account the relative fault of each of the parties and any other relevant considerations.

 

9.03
The Company shall indemnify and hold harmless Executive to the full extent authorized or permitted by law with respect to any
claim, liability, action, or proceeding instituted or threatened against or incurred by Executive or his legal representatives
and arising in connection with Executive’s conduct or position at any time as a director, officer, employee, or agent of
the Company or any subsidiary thereof. The Company shall not change, modify, alter, or in any way limit the existing indemnification
and reimbursement provisions relating to and for the benefit of its directors and officers without the prior written consent of
the Executive, including any modification or limitation of any directors and officers liability insurance policy.

 

9.04
No waiver by either party hereto at any time of any breach by the other party hereto of, or compliance with, any condition or
provision of this Agreement to be performed by such other party shall be deemed a continuing waiver or a waiver of any similar
or dissimilar provisions or conditions at the same or at any prior or subsequent time. No agreements or representations, oral
or otherwise, express or implied, with respect to the subject matter hereof have been made by either party hereto which are not
set forth expressly in this Agreement.

 

9.05
The invalidity or unenforceability of any provision or provisions of this Agreement shall not affect the validity or enforceability
of any other provision of this Agreement, which shall remain in full force and effect.

 

9.06
This Agreement may be executed in several counterparts, each of which shall be deemed to be an original and all of which together
shall constitute one and the same instrument.

 

9.07
The section headings contained in this Agreement are inserted for reference purposes only and shall not affect the meaning or
interpretation of this Agreement.

 

    	 	 	 

     

    

 

IN
WITNESS WHEREOF, the parties have executed this Agreement as of the date first written above.

 

	 	Company:
	 	 	 
	 	Esports Entertainment Group Inc
	 	 	 
	 	By:	/s/
    Grant R Johnson
	 	Name:	[●]
	 	Title:	[●]
	 	 	 
	 	Executive:
	 	 	 
	 	Grant R Johnson
	 	 	 
	 	/s/
    Grant R Johnson
	 	[●]

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00314-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00314-of-00352.parquet"}]]