EX-10.3




 Exhibit 10.3 

AMENDMENT TO PURCHASE AGREEMENT 
 This
Amendment (“Amendment”) dated November 15, 2021 to the Exchangeable Notes Purchase Agreement (“Purchase Agreement”), dated October 28, 2021, is entered into by and among KORE Group Holdings, Inc., a
Delaware corporation (“Pubco”), KORE Wireless Group, Inc. (the “Company”) and the entities set forth on the signature pages hereto, (each a “Purchaser” and collectively, the
“Purchasers”). 
 WHEREAS, the Company and the Purchasers have entered into that certain Purchase Agreement, pursuant to which the
Purchasers agreed to purchase $24,915,000 aggregate principal amount of the Company’s 5.50% Senior Exchangeable Notes due 2028 (the “Notes”); and 

WHEREAS, the Company and the Purchasers desire to amend the Purchase Agreement to remove the obligation of the Company to register the Notes. 

NOW, THEREFORE, in consideration of the mutual conditions and agreements set forth in this Agreement, and other good and valuable consideration, the
receipt and sufficiency of which are hereby acknowledged, the parties hereto hereby agree as follows: 
  

	1.	 Amendments to Purchase Agreement. 



The Purchase Agreement is hereby amended by deleting the text of Section 4 (Registration of the Additional Exchangeable Notes;
Indemnification) in its entirety and by substituting in lieu thereof “[Reserved].” 
  

	2.	 Agreement Remains Effective. Except as modified herein or amended hereby, the terms and conditions
contained in the Purchase Agreement shall continue in full force and effect. 


  

	3.	 Governing Law. This Agreement and the rights and obligations of the parties hereunder shall be construed
in accordance with and governed by the laws of New York applicable to contracts wholly performed within the borders of such state, without giving effect to the conflict of law principles thereof. 



 

	4.	 Headings and Captions. The headings and captions of the various subdivisions of this Agreement are for
convenience of reference only and shall in no way modify or affect the meaning or construction of any of the terms or provisions hereof. 


  

	5.	 Counterparts. This Agreement may be executed in one or more counterparts, all of which when taken
together shall be considered one and the same agreement and shall become effective when counterparts have been signed by each party and delivered to the other party, it being understood that both parties need not sign the same counterpart. In the
event that any signature is delivered by facsimile transmission or any other form of electronic delivery, such signature shall create a valid and binding obligation of the party executing (or on whose behalf such signature is executed) with the same
force and effect as if such signature page were an original thereof. 













 IN WITNESS WHEREOF, the undersigned have caused this Agreement to be executed as of the date first
written above. 
  

			
	KORE GROUP HOLDINGS, INC.
		
	By:	 	 /s/ Romil Bahl

		 	Name:   Romil Bahl
		 	Title:     President and Chief Executive Officer
	
	KORE WIRELESS GROUP, INC.
		
	By:	 	 /s/ Romil Bahl

		 	Name:   Romil Bahl
		 	Title:     Chief Executive Officer
	
	DRAWBRIDGE SPECIAL OPPORTUNITIES FUND LP
	By: Drawbridge Special Opportunities GP LLC
		
	By:	 	 /s/ David N. Brooks

		 	Name:   David N. Brooks
		 	Title:     Secretary
	
	DBSO TRG FUND (A) L.P.
	By: DBSO TRG Fund (A) GP LLC, its general partner
		
	By:	 	 /s/ David N. Brooks

		 	Name:   David N. Brooks
		 	Title:     Secretary


 [Signature Page to Amendment No. 1 to the Purchase Agreement] 











 
			
	FORTRESS VINTAGE SECURITIES FUND L.P.
	By: Fortress Vintage Securities Fund GP LLC, its general partner
		
	By:	 	 /s/ David N. Brooks

		 	Name: David N. Brooks
		 	Title: Secretary
	
	DRAWBRIDGE SPECIAL OPPORTUNITIES FUND LTD.
	By: Drawbridge Special Opportunities Advisors LLC, its investment manager
		
	By:	 	 /s/ David N. Brooks

		 	Name: David N. Brooks
		 	Title: Secretary
	
	FORTRESS LENDING FUND II MA-CRPTF LP
	By: FLF II MA-CRPTF Advisors LLC, its investment manager
		
	By:	 	 /s/ David N. Brooks

		 	Name: David N. Brooks
		 	Title: Secretary
	
	FORTRESS LENDING FUND II HOLDINGS LP
	By: Fortress Lending Advisors II LLC, its investment manager
		
	By:	 	 /s/ David N. Brooks

		 	Name: David N. Brooks
		 	Title: Secretary


 [Signature Page to Amendment No. 1 to the Purchase Agreement]