Document:

Exhibit 10.5

 

 

ADDENDUM TO THE MOU DATED
1ST AUGUST 2017 -

EXTENSION FOR LEASE AGREEMENT

 

This addendum is made between Venvici Pte Ltd ("Venvici")
and Infinite Lifestyle Singapore Pte Ltd ("Inlife") where Venvici is leasing the premises located at level 4, 36 Kaki
Bukit Place Singapore 416214 ("Premises").

 

It is agreed as follows:

 

		1.	The above described lease shall be extended for another year from 1st August 2018 to
31st July 2019.

		2.	The monthly rental payment of $14,000.00 payable to Inlife shall remain unchanged.

		3.	Both parties reserve the right to change and terminate the lease agreement with one-month notice.

 

 

	Acknowledged and agreed by:	 
	 	 
	/s/ Jon Lim	/s/ Shaik Aziz Shaik Mohideen
	Name: Jon Lim	Name Shaik Azia Shaik Mohideen
	For Venvici Pte LtdDate: 23/5/18	For Infinite Lifestyle Singapore Ptd Ltd.
	 	Date: 23/5/18Exhibit 10.6

 

Employment Letter

 

This Letter has been set this date 29 March 2018, between
Noble Vici Pte Ltd (hereinafter referred to as “Employer” or “Company”) and Eldee Tang Wai Chong,

(hereinafter referred to as “Employee”).

 

WHEREBY IT IS AGREED as follows:

 

1.   Remuneration

1.1 Salary

The Employee will be employed at Noble
Vici Pte Ltd in the capacity of Chief Executive Officer, commencing on 1st April 2018. The Employer will pay the
Employee a monthly basic salary of Singapore Dollars Ten Thousand only (S$20,000.00). This position will be salaried under
the Noble Vici Pte Ltd.

 

1.2 Quarterly Bonus (QB)

There is no Annual Wage Supplement for
this position. The Employee will be entitled to a special QB based on KPI. The QB payout will be made 1 month after each quarter
ended. For example, a QB payout will be made on 31 July for achieving April, May, June i.e. Q1’s KPI. QB is not applicable
for staffs who have resigned.

 

1.3 Benefits

The Employee shall be entitled to claim for relevant professional
membership fees and course fees up to a maximum of S$2,000.00 per calendar year, subject to approval.

 

1.4 Allowances

The Employee shall be entitled to a monthly fixed transport
allowance of S$800.00.

 

2.   Probation

The Employee will be on probation for three
(3) months and may be extended for a further period of up to two (2) months at the discretion of the Employer, during which two
(2) weeks termination notice must be given by either party without any reasons being assigned. Failing which, the Employer reserves
the right to deduct two (2) weeks’ salary from the Employee as compensation, vice versa towards the Employee.

 

3.   Confirmation

On completion of the period of probation
or any extended probation of employment, the Employee will be advised in writing that he/she is either confirmed in the employment
or that the employment is terminated on the last day of his/her probation period.

 

4. Overseas Business Travel

As part of the requirements of this position,
you are expected to travel overseas for business on short notices as directed by the Employer. All overseas business related travel
expenses will be reimbursed by the Employer.

 

5. Working Hours

While the office hours are 10:00
am to 7:00 pm from Mondays to Fridays, you are required to attend to your professional duties of Chief Executive Officer in
Singapore at all reasonable times necessary. The Employee is entitled to one (1) hour lunch between 12 pm to 2 pm.

 

6. Annual Leave

The Employee is entitled to 14 working
days of annual leave for every twelve (12) months of continuous service. There will be an increment of one (1) working day of annual
leave per year to a maximum of 21 working days of annual leave for every twelve (12) months of continuous service. Annual leave
has to be submitted two (2) weeks in advance for approval, otherwise the Management reserves the right to disapprove any leave
application. Unauthorized leave application may consider as unpaid leave. Course and exam leave shall be granted on a case by case
basis. Unconsumed leave can be carried forward to the next calendar year only but cannot be encashed.

 

 

 

    	 	1	 

     

    

 

7. Sick Leave

The employee will be entitled to paid sick leave not exceeding:

 

7.1. Fourteen (14) days in each year if no hospitalisation is
necessary;

7.2. Sixty (60) days (including the 14 days in 6.1) in each
year if hospitalisation is necessary.

 

The Employee is not entitled to any medical
or annual leave benefits during the period of probation. All confirmed Employees will be entitled to a maximum reimbursement of
S$30.00 per visit, up to a maximum S$120.00 per year. The employee will bear any excess cost. The Company reserves the right to
amend this clause when necessary.

 

8. Maternity Leave, Paternity Leave and
Childcare Leave

The Employee shall be entitled to Maternity
Leave or Paternity Leave (where applicable) and Childcare Leave as per recommendations and guidelines stipulated from time to time
by the Ministry of Manpower.

 

9. Compassionate Leave

Compassionate leave will be granted for a total of three (3)
working days in each event of death of spouse, parent, child, parent-in-law, sibling and grandparent.

 

10.     Marriage Leave

Employees who have completed probation period, except those
serving notice of resignation, are entitled to 3 working days marriage leave.

 

11.  Insurance

The Employer will insure and maintain insurance
under one or more approved policies with an insurer against any liability that he would incur to any workmen employed by him where
applicable under the Work Injury Compensation Act.

The Employee will also be covered under
Travel Insurance (where applicable) and Group Personal Accident Insurance. The Employer shall make additional contribution to the
Employee’s Medisave account via the Portable Medical Benefits Scheme.

 

12.  AWOL

The Employee must produce a valid Medical
Certificate from a Certified Doctor if he/she is genuinely unable to show up for work, unless he/she has been prior granted official
leave. Failure to do so would be considered as Absent Without Official Leave, where the Employer reserves the right to deduct from
the Employee’s salary the amount which is equivalent to the salary for those work day(s) of absence.

 

13.  Termination

If the Employee has been confirmed in his
employment, the Employee needs to provide a termination notice period of two (2) months. The Employer reserves the right to reduce
the termination period via offsetting outstanding annual leaves. The Employer may summarily terminate the employment of the Employee
in case of dishonesty, wilful or gross misconduct, violation of house rules, gross incompetence or persistent breach of any terms
of employment.

 

14.  Confidentiality

As you are employed in a very confidential
position, you shall not during the continuance of your employment except in the proper course of your duties as such divulge to
any person whomsoever, any trade secrets or manufacturing processes and shall use your best endeavours to prevent the publication
of or disclosure of any trade secrets or manufacturing processes or any information concerning the business or finance of the company
or any of its dealings, transactions or affairs which may come to your knowledge during or in the course of your employment and
shall not without the consent of the Company be concerned or interested directly or indirectly or be personally employed or engaged
in any capacity whatsoever other than the business of the Company.

 

You shall keep the secrets of the Company
gained during or in the course of your employment insofar such as secrets related to correspondence accounts, dealings, connections
and manufacturing processes or otherwise, and shall not divulge their knowledge of these matters during the period of employment
or after termination thereof for any reason whatsoever.

 

 

 

    	 	2	 

     

    

 

All Employees, family members and relatives
are not permitted to have a Distributor account to procure any form of incentives as it is a conflict of interest.

 

15.  Conflict of Duty and Non-Competition
Clause

You shall not, without the Company’s
prior written consent, during the continuance of your employment be engaged or interested either directly or indirectly in any
capacity in any trade, business or occupation or in any manner take part in, or lend your name, counsel or assistance to any person
in any capacity whatsoever for any purpose which would or could reasonably expected to be competitive with the business of the
company. You will not, either on your own account or in conjunction with or on behalf of any other person, firm, company or organization,
a) be engaged, concerned or interested directly or indirectly whether as principal, agent, shareholder, director, employee, partner,
or otherwise in carrying on any business; b) assist with technical advice to any person, firm, company organization engaged or
about to be engaged in any business c) solicit or entice away or attempt to solicit or entice away any member of the staff or customers
with in Singapore, Malaysia, Indonesia, Thailand, China and Vietnam or countries with vested interest, which is similar to or competing
with the business of the Company. This restriction applies during your employment term and is valid one (1) year after termination
of this Letter.

 

16.  Governing Law

This Letter is governed by the laws of Singapore. Violation
of this Letter, especially Clauses 14 and 15, will be subjected to legal action by the Company.

 

	Signed by:	Agreed by:
	 	30/3/2018
	/s/ Eldee Tang	/s/ Eldee Tang Wai Chong
	Eldee Tang	(Signature and Date)
	CEO and Executive Director	Employee’s Name: Eldee Tang Wai Chong
	Noble Vici Pte Ltd.	Employee’s NRIC No.: S7610434D

 

 

 

 

 

    	 	3Exhibit 10.7

 

Employment Letter

 

This Letter has been set this date 29 March 2018, between
Noble Vici Pte Ltd (hereinafter referred to as “Employer” or “Company”) and Yip Sin Chi,

(hereinafter referred to as “Employee”).

 

WHEREBY IT IS AGREED as follows:

 

1.   Remuneration

1.1 Salary

The Employee will be employed at Noble
Vici Pte Ltd in the capacity of Chief Financial Officer, commencing on 1st April 2018. The Employer will pay the
Employee a monthly basic salary of Singapore Dollars Ten Thousand only (S$10,000.00). This position will be salaried under
the Noble Vici Pte Ltd.

 

1.2 Quarterly Bonus/Monthly Bonus(QB/MB)

There is no Annual Wage Supplement for
this position. The Employee will be entitled a maximum discretionary MB of Singapore Dollars Two Thousand only (S$2,000.00)
and a special QB based on KPI. The QB payout will be made 1 month after each quarter ended. For example, a QB payout will be
made on 31 July for achieving April, May, June i.e. Q1’s KPI. QB is not applicable for staffs who have resigned.

 

1.3 Benefits

The Employee shall be entitled to claim for relevant professional
membership fees and course fees up to a maximum of S$2,000.00 per calendar year, subject to approval.

 

1.4 Allowances

The Employee shall be entitled to a monthly fixed transport
allowance of S$800.00.

 

2.   Probation

The Employee will be on probation for three
(3) months and may be extended for a further period of up to two (2) months at the discretion of the Employer, during which two
(2) weeks termination notice must be given by either party without any reasons being assigned. Failing which, the Employer reserves
the right to deduct two (2) weeks’ salary from the Employee as compensation, vice versa towards the Employee.

 

3.   Confirmation

On completion of the period of probation
or any extended probation of employment, the Employee will be advised in writing that he/she is either confirmed in the employment
or that the employment is terminated on the last day of his/her probation period.

 

4. Overseas Business Travel

As part of the requirements of this position,
you are expected to travel overseas for business on short notices as directed by the Employer. All overseas business related travel
expenses will be reimbursed by the Employer.

 

5. Working Hours

While the office hours are 10:00
am to 7:00 pm from Mondays to Fridays, you are required to attend to your professional duties of Chief Financial Officer in
Singapore at all reasonable times necessary. The Employee is entitled to one (1) hour lunch between 12pm to 2pm.

 

6. Annual Leave

The Employee is entitled to 14 working
days of annual leave for every twelve (12) months of continuous service. There will be an increment of one (1) working day of annual
leave per year to a maximum of 21 working days of annual leave for every twelve (12) months of continuous service. Annual leave
has to be submitted two (2) weeks in advance for approval, otherwise the Management reserves the right to disapprove any leave
application. Unauthorized leave application may consider as unpaid leave. Course and exam leave shall be granted on a case by case
basis. Unconsumed leave can be carried forward to the next calendar year only but cannot be encashed.

 

 

 

    	 	1	 

     

    

 

7. Sick Leave

The employee will be entitled to paid sick leave not exceeding:

7.1. Fourteen (14) days in each year if no hospitalisation is
necessary;

7.2. Sixty (60) days (including the 14 days in 6.1) in each
year if hospitalisation is necessary.

 

The Employee is not entitled to any medical
or annual leave benefits during the period of probation. All confirmed Employees will be entitled to a maximum reimbursement of
S$30.00 per visit, up to a maximum S$120.00 per year. The employee will bear any excess cost. The Company reserves the right to
amend this clause when necessary.

 

8. Maternity Leave, Paternity Leave and
Childcare Leave

The Employee shall be entitled to Maternity
Leave or Paternity Leave (where applicable) and Childcare Leave as per recommendations and guidelines stipulated from time to time
by the Ministry of Manpower.

 

9. Compassionate Leave

Compassionate leave will be granted for a total of three (3)
working days in each event of death of spouse, parent, child, parent-in-law, sibling and grandparent.

 

10.  Marriage Leave

Employees who have completed probation
period, except those serving notice of resignation, are entitled to 3 working days marriage leave.

 

11.  Insurance

The Employer will insure and maintain insurance
under one or more approved policies with an insurer against any liability that he would incur to any workmen employed by him where
applicable under the Work Injury Compensation Act.

 

The Employee will also be covered under
Travel Insurance (where applicable) and Group Personal Accident Insurance. The Employer shall make additional contribution to the
Employee’s Medisave account via the Portable Medical Benefits Scheme.

 

12.  AWOL

The Employee must produce a valid Medical
Certificate from a Certified Doctor if he/she is genuinely unable to show up for work, unless he/she has been prior granted official
leave. Failure to do so would be considered as Absent Without Official Leave, where the Employer reserves the right to deduct from
the Employee’s salary the amount which is equivalent to the salary for those work day(s) of absence.

 

13.  Termination

If the Employee has been confirmed in his
employment, the Employee needs to provide a termination notice period of two (2) months. The Employer reserves the right to reduce
the termination period via offsetting outstanding annual leaves. The Employer may summarily terminate the employment of the Employee
in case of dishonesty, wilful or gross misconduct, violation of house rules, gross incompetence or persistent breach of any terms
of employment.

 

14.  Confidentiality

As you are employed in a very confidential
position, you shall not during the continuance of your employment except in the proper course of your duties as such divulge to
any person whomsoever, any trade secrets or manufacturing processes and shall use your best endeavours to prevent the publication
of or disclosure of any trade secrets or manufacturing processes or any information concerning the business or finance of the company
or any of its dealings, transactions or affairs which may come to your knowledge during or in the course of your employment and
shall not without the consent of the Company be concerned or interested directly or indirectly or be personally employed or engaged
in any capacity whatsoever other than the business of the Company.

 

You shall keep the secrets of the Company
gained during or in the course of your employment insofar such as secrets related to correspondence accounts, dealings, connections
and manufacturing processes or otherwise, and shall not divulge their knowledge of these matters during the period of employment
or after termination thereof for any reason whatsoever.

 

 

 

    	 	2	 

     

    

 

All Employees, family members and relatives
are not permitted to have a Distributor account to procure any form of incentives as it is a conflict of interest.

 

15.  Conflict of Duty and Non-Competition
Clause

You shall not, without the Company’s
prior written consent, during the continuance of your employment be engaged or interested either directly or indirectly in any
capacity in any trade, business or occupation or in any manner take part in, or lend your name, counsel or assistance to any person
in any capacity whatsoever for any purpose which would or could reasonably expected to be competitive with the business of the
company. You will not, either on your own account or in conjunction with or on behalf of any other person, firm, company or organization,
a) be engaged, concerned or interested directly or indirectly whether as principal, agent, shareholder, director, employee, partner,
or otherwise in carrying on any business; b) assist with technical advice to any person, firm, company organization engaged or
about to be engaged in any business c) solicit or entice away or attempt to solicit or entice away any member of the staff or customers
with in Singapore, Malaysia, Indonesia, Thailand, China and Vietnam or countries with vested interest, which is similar to or competing
with the business of the Company. This restriction applies during your employment term and is valid one (1) year after termination
of this Letter.

 

16.  Governing Law

This Letter is governed by the laws of Singapore. Violation
of this Letter, especially Clauses 14 and 15, will be subjected to legal action by the Company.

 

	Signed by:	Agreed by:
	 	30/3/2018
	/s/ Eldee Tang	/s/ Yip Sin Chi
	Eldee Tang	(Signature and Date)
	CEO and Executive Director	Employee’s Name: Yip SinChi
	Noble Vici Pte Ltd.	Employee’s NRIC No.: S7639178E

 

 

 

 

 

    	 	3

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