Exhibit 10.4

      

       

        

    

    SOFTWARE ACQUISITION GROUP INC. III

      1980 Festival Plaza Drive, Suite 300

    Las Vegas, NV 89135

     

    July 28, 2021

     

    Software Acquisition Holdings III LLC

      1980 Festival Plaza Drive, Suite 300

    Las Vegas, NV 89135

     

    Ladies and Gentlemen:

     

    This letter agreement will confirm our agreement that, commencing on the effective date (the “Effective Date”) of the registration statement (the “Registration Statement”) for the initial public offering (the “IPO”) of the securities of Software Acquisition Group Inc. III (the “Company”)
      and continuing until the earlier of (i) the consummation by the Company of an initial business combination and (ii) the Company’s liquidation (in each case as described in the Registration Statement) (such earlier date hereinafter referred to as the
      “Termination Date”):

     

    
      	
              i.

            	
              Software Acquisition Holdings III LLC (the “Sponsor”) shall take steps directly or indirectly to make available to the Company, at 1980 Festival Plaza Drive, Suite 300, Las Vegas, NV 89135 (or any successor location), certain office space,
                utilities and secretarial and administrative support as may be required by the Company from time to time. In exchange therefor, the Company shall pay Sponsor, or at its direction, an affiliate thereof, the sum of $15,000 per month on the
                Effective Date and continuing monthly thereafter until the Termination Date; and

               

              

            


    

    
      	
              ii.

            	
              Sponsor hereby agrees that it does not have any right, title, interest or claim of any kind (a “Claim”) in or to any monies that may be set aside in a trust account (the “Trust Account”) that may be established upon the consummation
                of the IPO, and hereby irrevocably waives any Claim it may have in the future as a result of, or arising out of, any negotiations, contracts or agreements with the Company and will not seek recourse against the Trust Account for any reason
                whatsoever.

            


    

     

    This letter agreement constitutes the entire agreement and understanding of the parties hereto in respect of its subject matter and supersedes all prior
      understandings, agreements, or representations by or among the parties hereto, written or oral, to the extent they relate in any way to the subject matter hereof or the transactions contemplated hereby.

     

    This letter agreement may not be amended, modified or waived as to any particular provision, except by a written instrument executed by the parties hereto.

     

    The parties may not assign this letter agreement and any of their rights, interests, or obligations hereunder without the consent of the other party.

     

    This letter agreement shall be governed by, construed in accordance with, and interpreted pursuant to the laws of the State of New York, without giving effect
      to its choice of laws principles that will apply the laws of another jurisdiction.

     

    This letter agreement may be executed in one or more counterparts, each of which shall for all purposes be deemed to be an original but all of which together
      shall constitute one and the same agreement. Only one such counterpart signed by the party against whom enforceability is sought needs to be produced to evidence the existence of this letter agreement.

     

    [Signature Page Follows]

    
      
        


    

    	 	 	 	 	
            Very truly yours,

          
	 	 	 	 	 	 
	 	 	 	 	
            SOFTWARE ACQUISITION GROUP INC. III

          
	 	 	 	 	 	 
	 	 	 	 	
            By:

          	
            /s/ Jonathan S. Huberman

          
	 	 	 	 	
            Name:

          	
            Jonathan S. Huberman

          
	 	 	 	 	
            Title

          	
            Chief Executive Officer and Chief Financial Officer

          
	 	 	
            :

          	 	 	 
	
            AGREED TO AND ACCEPTED BY:

          	 	 	 
	 	 	 	 	 	 
	
            SOFTWARE ACQUISITION HOLDINGS III LLC

          	 	 	 
	 	 	 	 	 	 
	
            By:

          	
            /s/ Jonathan S. Huberman

          	 	 	 
	 	
            Name:

          	
            Jonathan S. Huberman

          	 	 	 
	 	
            Title:

          	
            Managing Member

          	 	 	 
	 	 	 	 	 	 


     
      [Signature Page to Administrative Support Agreement]