SEC Contract Filing

Filing Date: 2017-08-07

Document Content:
<DOCUMENT>
<TYPE>EX-10.3
<SEQUENCE>2
<FILENAME>s106976_ex10-3.htm
<DESCRIPTION>EXHIBIT 10.3
<TEXT>
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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"><B>Exhibit
10.3</B></FONT></P>

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<P STYLE="font: 10pt Century Gothic,sans-serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-variant: small-caps"><B>Inspired
Entertainment, Inc.</B></FONT></P>

<P STYLE="font: 10pt Century Gothic,sans-serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-variant: small-caps"><B>Nonemployee
Director Compensation Policy</B></FONT></P>

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<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.5in; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>1.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-variant: small-caps"><B>General</B></FONT></TD>
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<P STYLE="font: 10pt Century Gothic,sans-serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">The
Inspired Entertainment, Inc. Nonemployee Director Compensation Policy (the &ldquo;<B><I>Policy</I></B>&rdquo;) is designed to
provide for the compensation of each member of the board of directors (the &ldquo;<B><I>Board</I></B>&rdquo;) of Inspired Entertainment,
Inc. (the &ldquo;<B><I>Company</I></B>&rdquo;) who is a Nonemployee Director (as defined in the Inspired Entertainment, Inc. 2016
First Equity Incentive Plan (together with any future equity plans, the &ldquo;<B><I>EIP</I></B>&rdquo;)) (each, a &ldquo;<B><I>Nonemployee
Director</I></B>&rdquo;). The Policy will be deemed effective from January 1<SUP>st</SUP>, 2017 and will continue in effect until
its termination by the Board. The Policy will replace and supersede any and all compensation policies or programs previously established
or maintained by the Company with respect to Nonemployee Directors.</FONT></P>

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<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.5in; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-variant: normal"><B>2.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-variant: small-caps"><B>Administration</B></FONT></TD>
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<P STYLE="font: 10pt Century Gothic,sans-serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">The
Policy will be administered by the Board. The Board will have the sole discretion and authority to administer, interpret, amend
and terminate the Policy, and the decisions of the Board will in every case be final and binding on all persons having an interest
in the Policy, including on all Nonemployee Directors and their beneficiaries.</FONT></P>

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<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.5in; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-variant: normal"><B>3.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-variant: small-caps"><B>Eligibility</B></FONT></TD>
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<P STYLE="font: 10pt Century Gothic,sans-serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">Each
Nonemployee Director will be eligible to receive the compensation set forth in the Policy in accordance with the terms of the
Policy. Such compensation will be paid or granted by the Company, as applicable, without further action of the Board to each Nonemployee
Director.</FONT></P>

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