Amendment 1 to Payplant Client Agreement
Exhibit 10.7
Amendment 1 to Payplant Client Agreement
This Payplant Client Agreement (this “Agreement”) signed as of August 14, 2017 and entered into by and among (1) Inpixon, a Nevada corporation (“Inpixon”), with offices at 0000 Xxxx Xxxxxxxx Xxxx, Xxxxx 000, Xxxx Xxxx, XX 00000, Inpixon USA, a California corporation (“IUSA”), which was merged with and into Sysorex, Inc., a Nevada corporation (“Sysorex”) on July 26, 2018, with offices at 0000 Xxxxxx Xxxxxx Xxxxxxxxx, Xxxxx 000, Xxxxxxx, XX 00000, and Sysorex Government Services, Inc., a Virginia corporation(“SGS”), with offices at 0000 Xxxxxx Xxxxxx Xxxxxxxxx, Xxxxx 000, Xxxxxxx, XX 00000, and (2) Payplant LLC, a Delaware Limited Liability company, with an address of 0000 Xxxxxxxxxxx Xxxx #000, Xxxx Xxxx, XX 00000, is hereby amended as follows:
| 1. | Sysorex, as successor-in-interest to IUSA, and SGS are no longer party to this Agreement, while Inpixon remains a party to this Agreement. |
| 2. | Henceforth, the term “Client” as used in this Agreement only refers to Inpixon. |
| 3. | Sysorex and SGS are hereby released from any and all obligations and liabilities arising under this Agreement whether previously in existence, now existing or hereafter arising. |
Sysorex and SGS are deemed to be third party beneficiaries of this Amendment 1 to Payplant Client Agreement (this “Amendment”) and this Amendment may not be further amended or rescinded without the prior written consent of Sysorex and SGS.
IN WITNESS WHEREOF, this Amendment 1 to Payplant Client Agreement has been executed as of August 31, 2018.
| Payplant LLC, a Delaware limited liability company | |||
| Signature: | /s/ Xxxxxx Xxxxx | ||
| Name: | Xxxxxx Xxxxx | ||
| Title: | CEO & Co-Founder | ||
| Date: | 8/30/18 | ||
| CLIENT: | |||
| Inpixon, a Nevada corporation |
|||
| Signature: | /s/ Xxxxx Xxx | ||
| Name: | Xxxxx Xxx | ||
| Title: | CEO | ||
| Date: | 8-29-18 | ||
| Agreed and Consented to: | |||
| Sysorex,
Inc., a Nevada corporation |
|||
| Signature: | /s/ Zaman Khan | ||
| Name: | Zaman Khan |
||
| Title: | CEO | ||
| Date: | 8-29-18 | ||
| Sysorex Government Services, Inc., a Virginia corporation | |||
| Signature: | /s/ Zaman Khan | ||
| Name: | Zaman Khan | ||
| Title: | CEO | ||
| Date: | 8-29-18 | ||
