Exhibit 10.1


 


AMENDMENT NO.1 TO AGREEMENT AND PLAN OF MERGER


 


This Amendment No. 1 to the
Agreement and Plan of Merger (the “Amendment”), is made as of May 20, 2022, by and among Ideanomics, Inc. (“Parent”),
Longboard Merger Corp., Via Motors International, Inc. (the “Company”), and Shareholder Representative Services LLC
solely in its capacity as Shareholders’ Representative. Each of the foregoing is referred to herein as a “Party”
and, collectively, as the “Parties.”


 


WHEREAS, the Parties have
previously entered into a certain Agreement and Plan of Merger dated August 30, 2021 (the “Merger Agreement”), pursuant
to which Merger Corp will merge with and into the Company with the Company surviving the merger as a wholly-owned subsidiary of the Parent
(the “Merger”);


 


WHEREAS, capitalized terms
used but not defined herein shall have the respective meanings given to them in the Agreement; and


 


WHEREAS, the Parties desire
and agree to amend certain terms set forth in the Merger Agreement on the terms and conditions contained herein;


 


NOW, THEREFORE, in consideration
of the mutual covenants herein contained and other good and valuable consideration, the mutual receipt and legal sufficiency of which
are hereby acknowledged, the Parties, intending to be legally bound, mutually agree as follows:


 


		1.	The following defined terms in Section 1.1 of the Agreement are hereby deleted and replaced with
the following:



 


“Secured
Convertible Promissory Note” means the first priority Secured Convertible Promissory Note, issued by the Company to the order
of the Parent, dated August 30, 2021 and as amended pursuant to a certain Amendment No.1 to Secured Convertible Promissory Note dated
May 20, 2022.


 


“Secured
Convertible Promissory Note Amount” means forty-four million eight hundred eighteen thousand one hundred eleven ($44,818,111)
dollars plus accrued but unpaid interest.


 


		2.	Section 9.1(d) of the Agreement is hereby deleted in its entirety and replaced with the following:



 


“(d)    by written notice by either
the Company or Parent to the other, at any time after June 15, 2022 if the Closing shall not have occurred on or prior to such date; provided,
that the right to terminate this Agreement under this Section 9.1(d) shall not be available to such party if the action or inaction
of such party or any of its Affiliates has been a principal cause of or resulted in the failure of the Closing to occur on or before such
date and such action or failure to act constitutes a breach of this Agreement;”


 


		3.	Except to the extent herein expressly modified by the foregoing provisions of this
Amendment, the Merger Agreement is hereby ratified and confirmed in all respects.



 


		4.	This Amendment may be executed by electronic signatures and in any number of counterparts with the
                                                          same effect as if all signatory parties had signed the same document. All counterparts shall be construed together and shall
                                                          constitute one and the same instrument.



 


[signature page follows]


 






     


     


    

 


IN WITNESS WHEREOF, each of the Parties has caused
this Amendment to be duly executed and delivered in its name and on its behalf, all as of the day and year first above written.


 


	 	IDEANOMICS, INC., a Nevada corporation
	 	 
	 	 
	 	By: 	/s/ Alfred Poor
	 	Name:	Alfred Poor
	 	Title:	Chief Executive Officer
	 	 
	 	 
	 	LONGBOARD MERGER CORP., a Delaware corporation
	 	 
	 	 
	 	By: 	/s/ Alfred Poor
	 	Name:	Alfred Poor
	 	Title:	 
	 	 
	 	 
	 	VIA MOTORS INTERNATIONAL, INC.,
    a Delaware corporation
	 	 
	 	 
	 	By: 	/s/ Alan Perriton                    
	 	Name: 	Alan Perriton
	 	Title: 	President
	 	 
	 	 
	 	SHAREHOLDER REPRESENTATIVE SERVICES LLC
	 	 
	 	 
	 	By: 	/s/ Sam Riffe
	 	Name: 	Sam Riffe
	 	Title:	Managing Director



 


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