Re: Letter AgreementSecurities Settlement Agreement • March 25th, 2021 • Sysorex, Inc. • Services-computer programming services • Nevada
The purpose of this Letter Agreement (this “Agreement”) is to memorialize and acknowledge certain agreements by and among Systat Software, Inc., a Delaware corporation (“Systat”), Sysorex, Inc., a Nevada corporation (“SYSX”) and First Choice International Company, Inc., a Delaware corporation (“First Choice”) with regard to First Choice’s advance payment of Two Million and 00/100 United States Dollars (US$2,000,000) to Systat on behalf of SYSX (the “Advanced Payment”). Systat, SYSX and First Choice are individually referred to herein as a “Party” and collectively as the “Parties.”
