SEC Contract Filing

Filing Date: 2023-11-07

Document Content:
<DOCUMENT>
<TYPE>EX-10.4
<SEQUENCE>2
<FILENAME>ex10-4.htm
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Exhibit
10.4</B></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Stanley
Beckley</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Email:
stanley.beckley@motorsport.com</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Offer
of Employment</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Dear
Stanley:</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">This
letter, dated November 3<SUP>rd</SUP>, 2023, but effective as of <B>November 8<SUP>th</SUP>, 2023 </B>(this &ldquo;Offer of Employment&rdquo;),
is confirming the offer extended to you prior to the Start Date referenced below with respect to your full-time &ldquo;at will&rdquo;
employment as <B>Interim Chief Financial Officer </B>at Motorsport Games Inc. (the &ldquo;Company&rdquo;). Your start date is November
8, 2023 (the &ldquo;Start Date&rdquo;). You will report directly to Stephen Hood as the Company&rsquo;s CEO. You will work out of the
Miami office of the Company.</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">You
were required (and you satisfied such requirements) to provide compliance with the Employment Eligibility Verification law (1-9), and
to present acceptable documents evidencing your identity and employment eligibility the first day of your employment.</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">A.
TERM OF EMPLOYMENT /CONDITIONAL NATURE OF OFFER</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
term of your employment is indefinite and at will. The Company maintains a strict employment at will policy, and your employment with
the Company may be terminated at any time in the sole business discretion of the Company. This Offer of Employment does not create a
contract of employment as to terms other than compensation for services actually provided and other terms expressly provided for in this
Offer of Employment. If the Company terminates, your employment with the Company without Cause (as defined below) and you are not otherwise
employed by any of the Company&rsquo;s affiliates nor providing consulting services to the Company or any of its affiliates, then you
will be entitled to a continuation of payment of unpaid base salary from the effective date of such termination to the expiration of
three (3) months after the date of such termination, payable on a regular basis in accordance with the Company&rsquo;s normal payroll
procedures and policies, and subject to applicable payroll deductions (the &ldquo;Severance&rdquo;). Your right to receive, and the Company&rsquo;s
obligation to pay and provide, any of the payments of Severance shall be subject to: (1) your compliance with, and observance of, all
of your obligations under this Offer of Employment that continue beyond such termination and (2) your execution, delivery and non- revocation
of, and performance under, a release in favor of the Company and its affiliates in the form acceptable to the Company within forty-five
(45) days of the termination of