This MOU is made by and between I AM Consulting Company Limited (“IAM”) and The Mall Group Company Limited (“THE MALL”) on 30 May 2016.
Reference is made to the Letter of Engagement between IAM and THE MALL dated 29 December 2015 (the "LOE"). Terms defined in the LOE shall have the same meaning herein, unless defined herein otherwise.
Provided that the obligation under Sub-clause 3.1 of the Condition under the LOE had not been fulfilled (the “Event”), both of IAM and THE MALL hereby agree to terminate the LOE without taking any legal action or claiming for any damages against each other incurred by the termination of the LOE as a result of the Event.
This MOU shall be governed by Thai law and legally binding between IAM and THE MALL from the date hereof.
IN WITNESS WHEREOF, both of IAM and THE MALL have duly signed and affixed their corporate seal on the date hereof.