SEC Contract Filing

Filing Date: 2025-06-26

Document Content:
<DOCUMENT>
<TYPE>EX-10.7
<SEQUENCE>3
<FILENAME>exhibit107-melissaingram_o.htm
<DESCRIPTION>EX-10.7
<TEXT>
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<title>Document</title></head><body><div id="ia6d60b4d76b74fafb9389a37ad77459f_1"></div><div style="background-color:#ffffff"><div style="min-height:127.44pt;width:100%"><div style="text-align:right"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Exhibit 10.7</font></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:34.667%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr style="height:15pt"><td colspan="3" style="background-color:#ffffff;padding:0 1pt"><div><font><br></font></div></td></tr></table><img alt="image_2d.jpg" src="image_2d.jpg" style="height:54px;margin-bottom:5pt;vertical-align:text-bottom;width:254px"></div></div><div style="margin-bottom:6pt"><font><br></font></div><div style="margin-bottom:6pt"><img alt="image_0d.jpg" src="image_0d.jpg" style="height:141px;margin-bottom:5pt;vertical-align:text-bottom;width:225px"><font style="color:#000000;font-family:'Century Gothic',sans-serif;font-size:6pt;font-weight:400;line-height:120%">Powerfleet Ltd&#183; 10 St. Ann Street&#183; Salisbury SP1 2DN&#183; UK</font></div><div><font><br></font></div><div><font><br></font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Century Gothic',sans-serif;font-size:11pt;font-weight:400;line-height:120%">1 Jun 2025</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Century Gothic',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Private &#38; Confidential</font></div><div><img alt="image_1d.jpg" src="image_1d.jpg" style="height:70px;margin-bottom:5pt;vertical-align:text-bottom;width:291px"></div><div style="padding-left:212.7pt;text-indent:35.45pt"><font><br></font></div><div style="padding-left:212.7pt;text-indent:35.45pt"><font><br></font></div><div><font style="color:#000000;font-family:'Century Gothic',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Dear Melissa,</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Century Gothic',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Promotion and Change of Title</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Century Gothic',sans-serif;font-size:11pt;font-weight:400;line-height:120%">I am pleased to confirm your promotion to the position of </font><font style="color:#000000;font-family:'Century Gothic',sans-serif;font-size:11pt;font-style:italic;font-weight:400;line-height:120%">Chief Corporate Development Officer</font><font style="color:#000000;font-family:'Century Gothic',sans-serif;font-size:11pt;font-weight:400;line-height:120%">, effective 1 April 2024.</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Century Gothic',sans-serif;font-size:11pt;font-weight:400;line-height:120%">This promotion reflects your significant contributions to the organization and your ongoing commitment to our strategic goals. In your new role, you will continue reporting directly to the Chief Executive Officer (CEO) and will lead our corporate development strategy across the Group.</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Century Gothic',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Your new annual gross salary will be &#163;271,317.84, effective 1 April 2025, payable in accordance with our usual payroll arrangements and subject to the usual deductions for tax and National Insurance. All other terms and conditions of your employment remain unchanged.</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Century Gothic',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Please sign and return a copy of this letter to confirm your acceptance of the above.</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Century Gothic',sans-serif;font-size:11pt;font-weight:400;line-height:120%">We congratulate you on your well-earned promotion and look forward to your continued success in your new role.</font></div><div><font><br></font></div><div><font><br></font></div><div style="height:113.04pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-bottom:6pt;padding-left:283.6pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:43.911%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr style="height:15pt"><td colspan="3" style="background-color:#ffffff;padding:0 1pt"><div><font><br></font></div></td></tr></table></div></div></div></div><hr style="page-break-after:always"><div style="background-color:#ffffff"><div style="min-height:127.44pt;width:100%"><div style="text-indent:-0.7pt"><img alt="image_2d.jpg" src="image_2d.jpg" style="height:54px;margin-bottom:5pt;vertical-align:text-bottom;width:254px"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:23.276%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr style="height:15pt"><td colspan="3" style="background-color:#ffffff;padding:0 1pt"><div><font><br></font></div></td></tr></table></div></div><div><font style="color:#000000;font-family:'Century Gothic',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Yours sincerely,</font></div><div style="padding-left:212.7pt;text-indent:35.45pt"><font style="color:#000000;font-family:'Century Gothic',sans-serif;font-size:11pt;font-weight:400;line-height:120%">For acceptance </font></div><div><font><br></font></di