Document:

EXHIBIT 10.44

 Exhibit 10.44 
 Deposit (Treasure) Pledge Loan Contract 
 Bank of Communications Co., Ltd

 No: 20091216355000001 
 Important Notice 
 The Party A is advised to read carefully the entire text of this contract,
especially those provisions marked withp p. Please do not hesitate to contact the Party B for explanation to any question that arises. 

 Party A: Fujian Province Baisha Fire Control Industrial Trading Co., Ltd 
  Type of Document: ID No: 350583198802010089 
 Place: Xi Mei Nan An City 

Correspondence Address: Block 5 #6-02, Xi Mei Shunli Land, Nan An City 
 Zip Code Number : 362300 
 Communication Number: 86078820 

Fax Number: 86298981 
 E-mail Address:
baisha0315@163.com 
 Party B: Bank of Communications Quanzhou Branch. 
 Contactor:
                                         

 Correspondence Address: No 550, Fengzhe Street, Quanzhou City 
 Whereas, the Party A has applies to the Party B for loan and provide all of fixed deposit receipts or certificate bonds as pledge, after negotiation, this Contract is entered into between the Party A and
the Party B, to clarify their respective rights and obligations. 
 Article 1 Loan 

1.1 Amount: RMB(Capitalized) FOUR MILLION AND FIVE HUNDRED THOUSAND ONLY (¥4,500,000.00) 

1.2 Term of Loan: 2010 year JUNE month 13 day TO 2010 year DEC month 15 day 
 1.3 The loan under this Contract is used only
as:                              
 1.4 Interest Rate and the Calculation 

  
 1 

 (1) Interest Rate:          (monthly/yearly), daily
interest rate= monthly interest rate/30 days or daily interest rate= annual interest rate/360 days, monthly interest= annual interest/12 months. 
 (2) Calculation of Interest: loan interest= daily interest= principle*monthly interest rate* number of months+ principle*daily interest rate*days 

(3) The interest shall be completely paid with the principle on the maturity date. 
 (4) In case of an adjustment of the base interest rate made by the People’s Bank, the terms of loan still according to this contract. 
 1.5 When the loan amounts and loan terms under this contract is not in line with “loan certification”, it should under “loan certification”. 

Article 2 Repayment of Loan 
 2.1
The Party A shall repay total amounts of principle and interest as at maturity date to the indicate banks. 
 2.2 Grace Period

 The Party B will provide        days of grace period to the Party A. The Party A make payment within
grace period, which be considered as pay on time to Party B. 
 However, if still do not make payment during grace period, the Party A should
pay penalties interest from the maturity date. 
 p
p 2.3 The Party A shall not early repay the loan without the written consent of the Party B. 
 Article 3 Pledge Loan 
 3.1 In order to fulfill the contract, loan pledged by all of
certificated of deposit (called “pledge property” in the following) that used by the Party A. Mutual person,                     
(signature), all parties agree this loan contract secured by pledge property, the effect of pledge right equal to the principle of pledge and interest. Detail information of pledge property as following: 

 

																			
	 Serial
number
	  	 Account number
	  	Accounts
name	  	Bank	 	  	 Currency
	  	Interest
rate	 	 	Mature
day	 
		  	355900011770000013211	  	Daqi
Zhuang	  				  	RMB FIVE Millions	  	 	2.23	% 	 	 	2010/12/13	  
	 Sub Total (capitalize)
	  		  				  		  				 			

 3.2 The scope of guaranty includes: financing principal, interest, penalty interest, compound interest,
liquidated damages, compensation, custody expenses, lawyer’s expenses and the cost of realizing creditor’s right and right of pledge. The cost of realizing creditor’s right and right of pledge are including collection fee, arbitration
fee, Preservation fee, advertising fee, executive fee, layer fee, travel fee and other fees. 

  
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 3.3 Handover and Supervision of Pledged Property 

(1) The Party A shall handover pledge property to Party B immediately once signed the loan contract. 

(2) When pledge property lost, destroyed during the contract, Party B shall timely inform the Party A and do some properly procedures to make up
pledge property, and this still kept and supervised by Party B 
 p p 3.4 Realization of Right of Pledge 
  

	(1)	The Party A fails to repay loan principal and related interest under the contract, the Party B is entitled to directly deduct amounts from certificated of deposit.

  

	(2)	If maturely date of pledge property is prior than loan contract, Party B is entitled to directly deduct amounts from certificated deposit. Party A may notice in
writing that they disagree deducted by Party B before pledge property matured, hence, Party B is not allowed to deduct amount from deposit, meanwhile the Party A shall not withdrawn from this deposit. 

 

	(3)	If the maturely date of pledge property is later than the maturely date of loan contract, Party B can early deduct amounts from certificated of deposit which is used to
repay the loan principle and interests. 

 p p Article 4 Representations and Warranties of the Borrower

 4.1 The Party A is an independent civil entity legally incorporated and existing with full
capacity to enforce all the essential rights, perform in his own name all his obligations under this Contract, and undertake all his civil responsibilities. 
 4.2 Execution and performance of this Contract is out of the authentic intention of the Party A with all necessary consent, approval and authorization and without any defect in law. 

4.3 All the documents, statements, materials and information provided by the Party A to the Party B during the execution and
performance of this contract are true, accurate, complete and valid, 
 4.4 Party A does not reveal any information which
may affect its financial condition and ability of repayment from the Lender. 
 4.5 Party A has an adequate dispose right
of pledge property. If the pledge property is mutual obtained, the dispose right should through necessary agrees by each other. 

4.6 The pledge without exist any defect in right, no freezing to stop payment, and without exist dispute, legal action or any
third party’s right. 

  
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p p Article 5 Obligations of the Party A 
 5.1 Party A shall use the loan as is prescribed in this contract and repay the loan principal and the related interest under this contract in accordance with the schedule, amount, and currency
specified in this contract. 
 5.2 Party A should cooperate with the Party B in the supervision and inspection over the use of loan and
provide the requested relate information in time. 
 5.3 Party A shall notify Party B in writing within five days if any following
occurs: 
 (1) Party A is involved in material litigation, arbitration, or its material asset or collateral hereunder is imposed on
enforcement that negative influence upon the ability to repay debts of the Party A. 
 (2) Party A’s, or his or her family
member’s jobs or income have a material changes. 
 (3) Change of correspondence address, contact number or place of work of Party
A. 
 5.4 Within the duration of right of pledge, Party A shall not donate, transfer or otherwise dispose of the pledged property under
this Contract. 
 5.5 Within the duration of right of pledge, if the pledged property is devaluated. Party A need to provide new guaranty
that accepted by Party B’s request. 

p p Article 6 Early Maturity of the Loan 
 Should any of the following circumstances occurs, the Party B shall have the right to withhold the loan to be granted to the Party A under this Contract, declare, at its sole discretion, partial or
complete early maturity of the loan for the Party A under this Contract and demanding the Party A to promptly repay all the principal due and settle the related interest: 

 

	(1)	The representations and warranties made by Party A under Article 4 are found to be incorrect. 

 

	(2)	The Party A has violated the provision of this Contract. 

  

	(3)	Any of the matters as listed in Article 5.3 to be notified occurs and the Party B considers such event will affect the security for its creditor’s right.

  

	(4)	Party A has legal dispute with third party, which maybe or has been imposed on enforcement measures such economic responsibility that adverse influence Party B for
realization of the creditor’s right. 

  

	(5)	The Party A has suspected criminal activities. 

  

	(6)	Party A lost or partially lost the capacity for civil conduct or be announced disappear or died. 

 

	(7)	In Party A’S performance of other contracts signed with the Party B, a breaching act, such as delay in performance and fails to remedy it even after advised by the
Party B. 

 p
p Article 7 Breach of Contract 
 7.1 If the Party A
fails to repay the principal of the loan and the interest in full on schedule, or fails to use the loan for the purpose as specified herein, the Party B will calculate and claim the interest based on the overdue interest or penalty interest rate for
the appropriated loan, and calculate and claim the compound interest on the interest overdue. Penalty interest of overdue loan payment shall float 50% up based on the agreement rate, and penalty interest of fails to use the loan shall float 100% up
based on the agreement rate. 

  
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 7.2 If the Party A fails to repay in full the principal of the loan and the interest
in full on schedule, it shall undertake the expense of pressing for repayment, legal costs (arbitration costs), preservation cost, proclamation cost, enforcement cost, lawyer’s fee, travel expense and other expenses paid by the Party B for
realization of the Creditor’s right. 
 7.3 If the Party A evades the supervision by the Party B, delays repayment
of loan principal and interest, mala fide evades or repudiates debts, the Party B shall be entitled to publicly report such behavior to the relevant organizations and publicize through media. If the Party A delays payment more than three months
(including three months), the Party B shall be entitled to disclose Party A’s name and address through media, in order to force payment made by Party A. 
 p p Article 8 Agreement on Deduction 

8.1 The Party A authorizes the Party B to deduct and transfer the funds in any accounts that Party A has opened with Bank of Communications to
discharge the principle of the loan, interest, penalty interest, compound interest and other expenses due and payable by the Party A. 

8.2 Upon deduction and transfer, the Party B shall notify the Party A of the account number, loan contract number, loan document number, deduction
amount and the remaining amount of debt relating to such deduction and transfer. 
 8.3 If the deducted and transferred amount is
insufficient for discharging all the debts of the Party A, the amount shall first be used to pay for the unpaid expenses due. The balance after paying the expenses will be first used to pay the outstanding principal and then the outstanding interest
or penalty interest and compound interest. 
 8.4 Should the currency of the amount deducted be different from that of the loan to be
repaid, such amount will be exchanged at a rate promulgated by the Bank of Communications on the deduction and transfer day. 
 Article 9
Dispute Resolution 
 Legal action at the court of jurisdiction is in the place of Party B. During the dispute period, both parties shall
perform contract where is without dispute. 
 Article 10 Notices 
 10.1 In the contract, the Party A shall fill effective contact methods (including address, contact number, fax number, e-mail, etc.). Any changes of contact methods, Party A shall notice to Party B
in writing and post to Party B, and this will not effect until Party B received a notice in writing form Party A. 

  
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 10.2 Any notices from Party B to Party A except clear provisions in the contract, Party B has right
to choose any following notice methods as he or she feels appropriate and without any response for mistake, omit or delay of transfer by post, fax, phone call, telex or other correspondence systems. Party B have many correspondence methods to
choose, usually the fastest one be chose: 
 (1) Announcement, Party B announces on website, e-bank, phone-bank, or operations network,
and the date of announcement seemed as delivered date. 
 (2) The day of Party A receives and sign on that is considered as delivered
date when delivery by specific person. 
 (3) The Party B posts (including speeds, normal and Registered mail) to Party A whose address
has known by Party B. Upon        days posted (maybe return back), announcement can be seemed as delivered date. 
 (4) Fax or other electronic correspondence methods used by Party B to Party A whose fax number and electronic correspondence address has know by Party B, the date of sending can be seemed as
delivered date. 
 p p Article 11 Information Disclosure And Confidentiality 
 11.1 The Party B has responsibility to keep information of Party A confidentiality, except for: 
 (1) shall disclose information by law. 
 (2) shall disclose information by
government or judicial departments 
 (3) disclose to party B’s external professional consultants 

(4) the Party B disclose information authorized by Party A 
 11.2 In the following situations, Party A agree his or her related information disclosed by Party B including but not limited ,personal information, credit transactions and others relate material
and information. 
 (1) For the following purpose, outsourcing organization, third party supplier service, other financial institutions
and other organization or individuals that Party B believe necessary, including but not limited bank of communications’ other branches or its subsidiary which disclose and be allowed to use the information and materials: 1) for developing
personal loan business or develop relates personal loan business, such as enhance personal loan business of bank of communications, collect amounts owned by Party A. 2) For providing some new productions or services or further services to Party A by
Party B. 3) For further maintaining, managing and improving customers relationship. 
 (2) The information and materials are provided to
the databases of personal credit information of the people’s bank of China or to others databases of personal credit information that approved by the people’s bank of China. 
 (3) These information or materials are used for the purposes of analyzing credit risk and controlling or used by third party under confidentiality. 

  
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 Article 12 Other Items 
 p p 12.1 Party A agree the personal credit report remained by Party B
because of loan application and management inquiry of after loan. 
 12.2 Party B has right to stop loan to Party A and both parties
shall do additional agreement because of law regulations or control requirement that could make Party B breach the law if a loan released, even though loan contract has been signed but have not release our to the Party A. If both parties have not in
line with agreement, Party B will stop to provide remaining loan to Party A based on contract, hence, the loan contract will be automatically terminated. 
 12.3 The indebtedness certificate under this contract, and the relevant documents and materials confirmed by the two parties shall form an integral part of this contract. 

12.4 The Contract shall come into effect after the execution of the legal representatives (responsible person) or duly authorized representatives
of the Party A and the Party B. 
 12.5 The contract bears two copies, each of the Party A and the Party B shall hold one copy

 Article 13 Other Matter 

____________________________________________________________________________________________________________ 

________________________________________________________________________________________________ 
 ________________________________________________________________________________________________ 

________________________________________________________________________________________________ 
 (There is no text in this page below.) 
 The Party A has read all the above provisions; the Party
B has made the explanations in response to the request by the Party A; and the Party B has no objection to all the particulars. 
  

					
	    Party A:         /s/ Dasi Zhuang	 		 	        Party B: /s/ Shijie Wang
		 		 	
	legal representative or accredited representative	 		 	         Responsible or authorized representative

            (Signature or Seal)

	    Date: 2009 Year 12 Month 16 Day	 		 	Date:
        Year        Month        Day

  
 7Twelfth Amendment to Amended and Restated Financing Agreement

 EXHIBIT 10.1 
 TWELFTH AMENDMENT 
 TO AMENDED AND RESTATED FINANCING AGREEMENT

 TWELFTH AMENDMENT, dated as of November 19, 2010 (the “Twelfth Amendment”), to the Financing
Agreement referred to below, by and among (i) ENHERENT CORP., a Delaware corporation (“enherent” or the “Parent”), and each Subsidiary of Parent listed as a borrower on the signature pages thereto (together
with the Parent, each, a “Borrower” and collectively, the “Borrowers”), and (ii) ABLECO FINANCE LLC, a Delaware limited liability company (“Ableco”) as lender and as agent (in such capacity,
the “Agent”) for itself and each Person that purchases any portion of Ableco’s rights and obligations under the Financing Agreement pursuant to Sections 2.07 and 10.07 thereof (collectively with Ableco, the
“Lenders”). 
 WHEREAS, the Borrowers, the Agent and the Lenders are parties to the Amended and Restated
Financing Agreement dated as of April 1, 2005 (as amended to date, the “Financing Agreement”), pursuant to which the Lenders have agreed to make certain term loans and revolving loans to the Borrowers from time to time in an
aggregate principal amount at any time outstanding not to exceed the aggregate amount set forth in the Financing Agreement; and 

WHEREAS, the Borrowers have requested that the Agent and the Lenders amend certain provisions of the Financing Agreement, and the Agent
and Lenders agree to amend such provisions on the terms and conditions as hereinafter set forth. 
 NOW THEREFORE, in
consideration of the premises and other good and valuable consideration, the parties hereto hereby agree as follows: 
 1.
Definitions in Twelfth Amendment. Any capitalized term used herein and not defined shall have the meaning assigned to it in the Financing Agreement. 
 2. Amendments. 
 (a) Section 1.01 of the Financing
Agreement is hereby amended by amending and restating the definition of the term “Borrowing Base” in its entirety to read as follows: 
 ““Borrowing Base” means, at any time, (a) the sum of (i) 85% of the Net Amount of Eligible Accounts Receivable at such time, plus (ii) 80% of the Net Amount of
Unbilled Accounts Receivable at such time less, with respect to each Account Debtor, the aggregate amount of accounts payable by the Borrowers to such Account Debtor at such date, plus (iii) $395,000, provided that, on the first Business
Day of each month, commencing on December 1, 2010, the amount set forth in this clause (iii) shall be automatically and immediately reduced by (A) for the month of December, 2010, $45,000 and (B) thereafter, $50,000, and,
simultaneously with any such reduction, the Borrowers shall make any prepayment required by Section 2.05(c)(i) (the amounts described this clause (iii) being the “Additional Availability”), less (b) the FCR
Reserve and any reserves reasonably established by the Agent from time to time.” 

 (b) The definition of “Final Maturity Date” set forth in
Section 1.01 of the Financing Agreement is hereby amended and restated in its entirety to read as follows: 

“‘Final Maturity Date’ means September 30, 2011, or such earlier date on which any Loan shall
become due and payable, in whole or in part, in accordance with the terms of this Agreement and the other Loan Documents.” 
 (c) The definition of “Revolving Loan Maturity Date” set forth in Section 1.01 of the Financing Agreement is hereby amended and restated in its entirety to read as follows:

 ““Revolving Loan Maturity Date” means September 30, 2011 or such earlier date on
which the Revolving Loans shall become due and payable, in whole or in part, in accordance with the terms of this Agreement and the other Loan Documents.” 
 (d) Section 6.01 of the Financing Agreement is hereby amended by inserting at the end thereof the following new clause (q) to read as follows: 

“(q) Reduction of Expenses. Furnish to the Agent on or before December 31, 2010 evidence satisfactory to
the Agent that the Borrower and its Subsidiaries shall have reduced their annual expenses by an aggregate amount of not less than $300,000.” 
 (e) Section 6.03(b) of the Financing Agreement is hereby amended and restated in its entirety to read as follows: 

“(b) Consolidated EBITDA. Permit Consolidated EBITDA of the Parent and its Subsidiaries, at the end of any
fiscal quarter of the Parent and its Subsidiaries, to be less than (i) with respect to the last fiscal quarter of 2010, $135,000 and (ii) for any fiscal quarter thereafter, $150,000.” 

3. Conditions to Effectiveness. This Twelfth Amendment shall become effective only upon satisfaction in full, in a manner
satisfactory to the Agent, of the following conditions precedent (the first date upon which all such conditions shall have been satisfied being herein called the “Twelfth Amendment Effective Date”): 

(a) The representations and warranties contained herein, in Section 5.01 of the Financing Agreement and in each other
Loan Document and certificate or other writing delivered to the Agent pursuant hereto on or prior to the Twelfth Amendment Effective Date shall be correct on and as of the Twelfth Amendment Effective Date as though made on and as of such date,
except to the extent that such representations and warranties (or any schedules related thereto) expressly relate solely to an earlier date (in which case such representations and warranties shall be true and correct on and as of such date); and, no
Default or Event of Default shall have occurred and be continuing on the Twelfth Amendment Effective Date. 

  
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 (b) The Agent shall have received counterparts of this Twelfth Amendment
which bear the signatures of each Borrower. 
 (c) The Agent shall have received a non-refundable amendment fee
equal to $10,000.00, which fee shall be deemed fully earned when paid. 
 (d) All legal matters incident to this
Twelfth Amendment shall be satisfactory to the Agent and its counsel. 
 4. Representations and Warranties. Each Borrower
hereby represents and warrants to the Agent and the Lenders as follows: 
 (a) Representations and Warranties;
No Event of Default. The representations and warranties herein, in Section 5.01 of the Financing Agreement and in each other Loan Document and certificate or other writing delivered to the Agent or the Lenders pursuant hereto on or prior to
the Twelfth Amendment Effective Date shall be correct on and as of the Twelfth Amendment Effective Date as though made on and as of such date, except to the extent that such representations and warranties (or any schedules related thereto) expressly
relate solely to an earlier date (in which case such representations and warranties shall be true and correct on and as of such date); and no Default or Event of Default shall have occurred and be continuing on the Twelfth Amendment Effective Date.

 (b) Organization, Good Standing, Etc. Such Borrower (i) is a corporation duly organized, validly
existing and in good standing under the laws of the state of its organization, (ii) has all requisite power and authority to execute, deliver and perform this Twelfth Amendment and to perform the Financing Agreement, as amended hereby, and
(iii) is duly qualified to do business and is in good standing in each jurisdiction in which the character of the properties owned or leased by it or in which the transaction of its business makes such qualification necessary. 

(c) Authorization, Etc. The execution, delivery and performance by such Borrower of this Twelfth Amendment, and the
performance by such Borrower of the Financing Agreement, as amended hereby, (i) have been duly authorized by all necessary action, (ii) do not and will not contravene such Borrower’s charter or by-laws, any applicable law or any
contractual restriction binding on or otherwise affecting it or any of its properties, (iii) do not and will not result in or require the creation of any Lien (other than pursuant to any Loan Document) upon or with respect to any of its
properties, and (iv) do not and will not result in any suspension, revocation, impairment, forfeiture or nonrenewal of any permit, license, authorization or approval applicable to its operations or any of its properties. 

(d) Governmental Approvals. No authorization or approval or other action by, and no notice to or filing with, any
Governmental Authority or other regulatory body is required in connection with the due execution, delivery and performance by such Borrower of this Twelfth Amendment, or for the performance of the Financing Agreement, as amended hereby. 

  
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 (e) Enforceability of Loan Documents. Each of this Twelfth Amendment,
the Financing Agreement, as amended hereby, and each other Loan Document to which such Borrower is a party is a legal, valid and binding obligation of such Borrower, enforceable against such Borrower in accordance with its terms, except as such
enforceability may be limited by or subject to any bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting creditors’ rights generally. 
 5. Continued Effectiveness of Financing Agreement. Each Borrower hereby (i) confirms and agrees that each Loan Document to which it is a party is, and shall continue to be, in full force and
effect and is hereby ratified and confirmed in all respects except that on and after the Twelfth Amendment Effective Date all references in any such Loan Document to “the Financing Agreement”, “thereto”, “thereof”,
“thereunder” or words of like import referring to the Financing Agreement shall mean the Financing Agreement as amended by this Twelfth Amendment, and (ii) confirms and agrees that to the extent that any such Loan Document purports to
assign or pledge to the Agent or any Lender, or to grant to the Agent or any Lender a Lien on any collateral as security for the Obligations of such Borrower from time to time existing in respect of the Financing Agreement and the other Loan
Documents, such pledge, assignment and/or grant of a Lien is hereby ratified and confirmed in all respects. 
 6. Release by
the Borrowers. 
 Effective on the Twelfth Amendment Effective Date, each Borrower, for itself and on behalf of its
successors, assigns, and officers, directors, employees, agents and attorneys, and any Person acting for or on behalf of, or claiming through it, hereby waives, releases, remises and forever discharges each Agent and each Lender, each of their
respective Affiliates, and each of their respective successors in title, past, present and future officers, directors, employees, limited partners, general partners, investors, attorneys, assigns, subsidiaries, shareholders, trustees, agents and
other professionals and all other persons and entities to whom any member of the Lenders would be liable if such persons or entities were found to be liable to the Borrowers (each a “Releasee” and collectively, the
“Releasees”), from any and all past and present claims, suits, liens, lawsuits, adverse consequences, amounts paid in settlement, debts, deficiencies, diminution in value, disbursements, demands, obligations, liabilities, causes of
action, damages, losses, costs and expenses of any kind or character, whether based in equity, law, contract, tort, implied or express warranty, strict liability, criminal or civil statute or common law (each a “Claim” and
collectively, the “Claims”), whether known or unknown, fixed or contingent, direct, indirect, or derivative, asserted or unasserted, matured or unmatured, foreseen or unforeseen, past or present, liquidated or unliquidated,
suspected or unsuspected, which any Borrower ever had from the beginning of the world, now has, or might hereafter have against any such Releasee through the Twelfth Amendment Effective Date, which Claims relate, directly or indirectly, to any act
or omission by any Releasee that occurred on or prior to the date of this Twelfth Amendment and relate, directly or indirectly, to the Financing Agreement, any other Loan Document, or any acts or omissions of any such Releasee with respect to the
Financing Agreement or any other Loan Document, or the lender-borrower relationship evidenced by the Loan Documents, except for the duties and obligations set forth in the Financing Agreement and this Twelfth Amendment. As to each and every claim
released hereunder, each Borrower hereby represents that it has received the advice of legal counsel with regard to the releases contained herein, and having been so advised, specifically waives the benefit of the provisions of Section 1542 of
the Civil Code of California which provides as follows: 

  
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 “A GENERAL RELEASE DOES NOT EXTEND TO CLAIMS WHICH A CREDITOR DOES NOT KNOW OR SUSPECT TO EXIST IN HIS
FAVOR AT THE TIME OF EXECUTING THE RELEASE, WHICH IF KNOWN BY HIM, MUST HAVE MATERIALLY AFFECTED HIS SETTLEMENT WITH THE DEBTOR.” 
 As to each and every claim released hereunder, each Borrower also waives the benefit of each other similar provision of applicable federal or state law (including without limitation the laws of the state
of New York), if any, pertaining to general releases after having been advised by its legal counsel with respect thereto. 

Each Borrower acknowledges that it may hereafter discover facts different from or in addition to those now known or believed to be true
with respect to such claims, demands, or causes of action and agrees that this instrument shall be and remain effective in all respects notwithstanding any such differences or additional facts. Each Borrower understands, acknowledges and agrees that
the release set forth above may be pleaded as a full and complete defense and may be used as a basis for an injunction against any action, suit or other proceeding which may be instituted, prosecuted or attempted in breach of the provisions of such
release. 
 Each Borrower, for itself and on behalf of its successors, assigns, and officers, directors, employees, agents and
attorneys, and any Person acting for or on behalf of, or claiming through it, hereby absolutely, unconditionally and irrevocably, covenants and agrees with and in favor of each Releasee above that it will not sue (at law, in equity, in any
regulatory proceeding or otherwise) any Releasee on the basis of any claim released, remised and discharged by such Person pursuant to the above release. Each Borrower further agrees that it shall not dispute the validity or enforceability of the
Financing Agreement or any of the other Loan Documents or any of its obligations thereunder, or the validity, priority, enforceability or the extent of the Agent’s Lien on any item of Collateral under the Financing Agreement or the other Loan
Documents. If any Borrower or any of its respective successors, assigns, or officers, directors, employees, agents or attorneys, or any Person acting for or on behalf of, or claiming through it violate the foregoing covenant, such Person, for itself
and its successors, assigns and legal representatives, agrees to pay, in addition to such other damages as any Releasee may sustain as a result of such violation, all attorneys’ fees and costs incurred by such Releasee as a result of such
violation. 
 7. Miscellaneous. 
 (a) This Twelfth Amendment may be executed in any number of counterparts and by different parties hereto in separate counterparts, each of which shall be deemed to be an original, but all of which taken
together shall constitute one and the same agreement. 
 (b) Section and paragraph headings herein are included
for convenience of reference only and shall not constitute a part of this Twelfth Amendment for any other purpose. 
 (c) This Twelfth Amendment shall be governed by, and construed in accordance with, the laws of the State of New York. 

  
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 (d) Each Borrower hereby acknowledges and agrees that this Twelfth Amendment
constitutes a “Loan Document” under the Financing Agreement. Accordingly, it shall be an Event of Default under the Financing Agreement if (i) any representation or warranty made by a Borrower under or in connection with this Twelfth
Amendment shall have been untrue, false or misleading in any material respect when made, or (ii) a Borrower shall fail to perform or observe any term, covenant or agreement contained in this Twelfth Amendment. 

(e) The Borrowers will pay on demand all reasonable out-of-pocket costs and expenses of the Agent and the Lenders in
connection with the preparation, execution and delivery of this Twelfth Amendment, including, without limitation, the reasonable fees, disbursements and other charges of Schulte Roth & Zabel LLP, counsel to the Agent and the Lenders.

  
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 IN WITNESS WHEREOF, the parties hereto have caused this Twelfth Amendment to be executed and
delivered as of the date first above written. 
  

			
	 BORROWERS:
  

ENHERENT CORP.

		
	By:	 	/s/ Pamela Fredette
		 	Name: Pamela Fredette
		 	Title: CEO & President

  

 

			
	 AGENT and LENDER:
  

ABLECO FINANCE LLC, as lender and agent,
 on
behalf of itself and its affiliate assigns

		
	By:	 	/s/ Daniel E. Wolf
		 	Name: Daniel Wolf
		 	Title: President

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