APX ACQUISITION CORP. I Juan Salvador Agraz 65 Contadero, Cuajimalpa de Morelos 05370, Mexico City, Mexico
Exhibit 10.1
Xxxx Xxxxxxxx Xxxxx 65
Contadero, Cuajimalpa xx Xxxxxxx
05370, Mexico City, Mexico
August 30, 2023
APx Cap Sponsor Group I, LLC
Xxxx Xxxxxxxx Xxxxx 65
Contadero, Cuajimalpa xx Xxxxxxx
05370, Mexico City, Mexico
Re: Termination of the Administrative Services Agreement
To the above-referenced party:
Reference is made to the Administrative Services Agreement by and between APx Acquisition Corp. I (the “Company”) and APx Cap Sponsor Group I, LLC (the “Provider”), dated December 6, 2021 (the “Services Agreement”). The Company wishes to terminate the Services Agreement effective as of the date hereof. By signing below, parties have agreed that the Services Agreement shall be of no further force or effect as of or after the date hereof.
In consideration of the terms of this letter and other valuable consideration, the Provider agrees to forgive and fully discharge all fees that are outstanding under the Services Agreement as of the date hereof.
| APX ACQUISITION CORP. I | ||
| By: | /s/ Xxxxxx Xxxxxx | |
| Name: | Xxxxxx Xxxxxx | |
| Title: | Chief Executive Officer | |
Agreed and Accepted by:
APX CAP SPONSOR GROUP I, LLC
| By: | /s/ Xxxxxx Xxxxxx | |
| Name: | Xxxxxx Xxxxxx | |
| Title: | Managing Member |
