EX-10.14 20 ff42021ex10-14_anghami.htm ACKNOWLEDGEMENT AND UNDERTAKING DATED APRIL 15, 2018 BY EMAD MOHE MOHAMED TAYEL

Exhibit 10.14

 

ACKNOWLEDGMENT AND UNDERTAKING

 

I, the undersigned Emad Mohe Tayel, born in Cairo, with Passport Number - A06154698, in my capacity as shareholder in Anghami for Digital Content registered with the Registry of Commerce in Egypt, sub N° 104024,

 

Hereby acknowledge registered in my name in the Share Register or any other deed or document of Anghami for Digital Content, are in fact entirely and exclusively owned by Anghami, a company with registration number 266308-Cayman Islands, which has paid their price and therefore that the rights inherent to the said shares entirely belong to Anghami.

 

Accordingly,

 

I declare that I exercise all the rights attached to the above shares, as a nominee for the account of Anghami, and hereby undertake:

 

1-To remit the said shares to Anghami, and to transfer their ownership, upon its first demand and free of charge, to its name or to the name of any person and/or entity designated by Anghami.

 

2-Not to transfer any of the said shares without Anghami's written consent and to assign in the event, the said shares in compliance with Anghami's written request.

 

3-Not to give any of the said shares any collateral and to lift, under my guarantee, any seizure eventually ordered against the said shares.

 

4-To remit without consideration to Anghami all the profits and all the amounts whatsoever that I shall receive from Anghami for Digital Content in relation to the said shares.

 

Date: 15/4/2018  
Name: Emad Mohe Mohamed Tayel  
Signature:  /s/ Emad Mohe Mohamed Tayel