Item 1.01. Entry into a Material Definitive Agreement.
On
The Service Provider since
The initial term of the Services Agreement is five years, whereupon it shall automatically renew for additional successive 12-month terms until terminated by either party by submitting a 90-day prior written notice of non-renewal. The Services Agreement may be terminated without cause by either party upon prior written notice, which shall be a 15-day prior written notice if given by the Company and a 90-day prior written notice if given by the Service Provider.
The Services Agreement contains customary representations and warranties, intellectual property rights, confidentiality, non-solicitation and non-competition provisions.
The foregoing description of the Services Agreement and the transactions contemplated thereby does not purport to be complete and is qualified in its entirety by reference to the full text of the Services Agreement, a copy of which is filed as Exhibit 10.1 to this Current Report on Form 8-K.
Item 9.01. Financial Statements and Exhibits
(d) Exhibits Exhibit No. Description of Exhibit 10.1 Technology Services Agreement, datedJanuary 17, 2020 , by and betweenRecruiter.com Group, Inc. andRecruiter.com (Mauritius) Ltd. 1
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