Document:

Exhibit 10.2

 

CONSENT TO SUBSEQUENT
FINANCING

 

This Consent to Subsequent
Financing (the “Subsequent Financing Agreement”), dated as of the 5th day of October 2016, is by and between
Inventergy Global, Inc., a Delaware corporation (the “Company”) and the undersigned purchaser (the “Purchaser”).
The Company is offering its common stock and common stock purchase warrants pursuant to an effective registration statement filed
on Form S-1 (File No. 333-211211) (the “Offering”). Section 4.12 (Participation in Future Financing), Section
4.18 (Restriction on Subsequent Financings) and Section 4.20 (Obligation to Redeem Series C and Series E Convertible Preferred
Stock) of that certain Securities Purchase Agreement, dated July 21, 2016 (“July Purchase Agreement”), Section
4.11 (Participation in Future Financing) and Section 4.12(a) (Restriction on Subsequent Financings) of that certain Securities
Purchase Agreement dated May 16, 2016 (“May Purchase Agreement”) and Section 4.12 (Participation in Future Financing)
of that certain Securities Purchase Agreement, dated January 21, 2016 (“January Purchase Agreement”) by and
among the Company and the purchasers thereto contains certain restrictions on the Company’s ability to enter into a Subsequent
Financings, participation rights and the use of proceeds thereof (“Subsequent Financing Restrictions”). In consideration
of the agreements herein contained and for other good and valuable consideration, the receipt and sufficiency of which is hereby
acknowledged and notwithstanding the Subsequent Financing Restrictions, the parties hereto hereby agree that the Company may consummate
the Offering provided that:

 

		1.	the exercise price of the Common Stock Purchase Warrant issued pursuant to the July Purchase Agreement
shall be reduced to $1.43;

 

		2.	the exercise price of the Common Stock Purchase Warrant issued pursuant to the May Securities Purchase
Agreement shall be reduced to $1.86;

 

		3.	pursuant to Section 3(b) of the Common Stock Purchase Warrant issued pursuant to the January Securities
Purchase Agreement, the exercise price thereof shall be adjusted to the public offering price of the securities in the Offering;
and

 

		4.	solely as it relates to the net proceeds of the Offering (and not to any other Subsequent Financing),
the redemption obligation of the Company under the first sentence of Section 4.20 of the July Purchase Agreement shall be made
in the following order of priority:

 

		(a)	$3.8 million of the net proceeds of the Offering to the Company;

 

		(b)	100% of the net proceeds from the Offering following payment of (a) above, other than an Exempt
Issuance, to the redemption of all but one share of the Series C Preferred Stock per holder (approximately $1.4 million in the
aggregate);

 

		(c)	100% of the net proceeds of the Offering following the payments of (a) and (b) above to the redemption
in full of the Series E Preferred Stock; and

 

		(d)	The balance of any net proceeds from the Offering to the Company.

 

     

     

    

 

		5.	In the event that the Series E Preferred Stock is not redeemed on or prior to January 25, 2017,
the Optional Redemption Amount shall thereafter be 165% of the aggregate Conversion Amount then outstanding plus all damages and
other amounts due in respect thereof.

 

This consent shall not
be effective unless purchasers of the January, May and July Purchase Agreements holding at least a majority in interest of the
securities issuable thereunder provide the same consent. The Company represents and warrants that the terms of consent given by
any other purchasers under any of the January, May or July Purchase Agreements are no more favorable to such purchasers than the
terms set forth hereunder. Except as specifically provided herein, the execution, delivery and effectiveness of this consent shall
not operate as a waiver or an amendment of any provision of the January, May or July Purchase Agreements, or any other documents,
instruments or agreements executed and/or delivered under or in connection therewith. This consent may be executed by the parties
hereto in one or more counterparts, each of which shall be deemed an original and all of which when taken together shall constitute
one and the same agreement. Any signature delivered by a party by facsimile transmission shall be deemed to be an original signature
hereto.

 

**********************

 

    	 	2	 

     

    

 

IN WITNESS WHEREOF, this
Consent to Subsequent Financing has been duly executed as of the day and year first written above.

 

INVENTERGY GLOBAL,
INC.

 

	By: 	 	 
	Name:	 	 
	Title:	 	 

 

Name of Purchaser: ____________________________________________________

 

Signature of Authorized Signatory of Purchaser: __________________________

 

Name of Authorized Signatory: ____________________________________

 

Title of Authorized Signatory: _____________________________________

 

    	 	3Exhibit
10.1

SUBLEASE
AGREEMENT

AGREEMENT
TO SUBLEASE made this 1st day of August, 2015 by and between United Resource Holdings, LLC, a Kansas limited liability company
("Sublandlord") and EUR-ECA, Ltd. ("Subtenant").

WITNESSETH:

WHEREAS,
pursuant to a lease (the "Prime Lease") dated June 9, 2015, between PERG Buildings, LLC as landlord (the "Prime
Landlord"), and Sublandlord as tenant, a copy of which is attached hereto as Exhibit "A", the Prime Landlord subleased
to Sublandlord approximately 7,109 square feet of space located at 10457-10501 West 84th Terrace, Lenexa, KS 66214; and

WHEREAS,
Subtenant desires to sublease approximately 500 rentable square feet of said premises (the "Subleased Premises") from
Sublandlord.

NOW
THEREFORE, the parties agree as follows:

1.)
Sublease.Sublandlord hereby subleases to Subtenant, and Subtenant hereby subleases from Sublandlord, on the terms,
covenants, and conditions hereinafter provided, the Subleased Premises, which the parties acknowledge and agree contains approximately
500 square feet.

2.)
Term.The term of this Sublease shall commence on September 1, 2015 (the Commencement Date) and shall expire on August
31st, 2016 (the "Termination Date") unless sooner terminated by reason or pursuant to any provision set forth herein
or in the Prime Lease. Subtenant shall have the option to renew this Lease for two additional one (1) year terms on the same terms
and conditions as contained in this Lease, commencing on August 1, 2015. such option to be exercised by written notice to the
Landlord 30 days prior to Termination Date.

3.)
Rent.Subtenant shall pay the rent in monthly installments of one thousand and 00/100 Dollars ($1,000) on the first
day of the term of this sublease and on or before the 10th of each month thereafter.

4.)
Use.Tenant may use the premises only for operating a business office during normal business hours.

5.)
Prime Lease.This sublease is subject and subordinate to the Prime Lease. Except as may be inconsistent with the terms
hereof, all the terms, covenants and conditions contained in the Prime Lease as relating to the Subleased Premises shall be applicable
to this Sublease with the same force and effect as if Sublandlord were the landlord under the Prime Lease and Subtenant were the
tenant thereunder.

6.)
OBLIGATIONS OF SUBTENANT

6.1.Compliance
with Law.Subtenant shall not use or permit the use of the Premises or any part thereof for any purpose forbidden by law
or ordinance now in force or hereafter enacted, including but not limited to the use or occupancy of the Premises. 

6.2.
Access.Subtenant shall have access to Landlord or its representatives, at all reasonable times to enter upon the premises
to examine the condition thereof and make such repairs as may be required pursuant to this Lease.

6.3.
Diligence.Subtenant shall use reasonable diligence in the care and protection of the Premises during the Initial Term
and any Renewal Term of this Lease.

6.34.
Alterations, Improvements, or Additions.Without the prior written consent of the Landlord, which consent shall not
be unreasonably withheld, the Subtenant shall not make, or permit anyone to make, any alterations, improvements or additions in
or to the Premises , or install any equipment of any kind that will cause any alteration or addition to the water, heating, air-conditioning
or electrical or other systems or equipment of the facility.

6.5.
Trade Fixtures.Subject to the Sublandlord's approval (which approval shall not be unreasonably withheld) Subtenant may
install such trade fixtures as necessary in conduct of its business provided that such trade fixtures do not cause harm to the
Premises either in their installation of removal. Subtenant may remove such trade fixtures upon the expiration or earlier termination
of this Lease if Subtenant is able to remove such trade fixtures without causing damage to the Premises that is not repaired by
Subtenant as a part of such removal; otherwise such trade fixtures shall become the property of the Sublandlord.

7.
SERVICES PROVIDED BY SUBLANDLORD.The only services or rights to which the Subtenant is entitled hereunder are those
to which Sublandlord is entitled under the Prime Lease and for all such services and rights, Subtenant will look only to the Prime
Sublandlord under the Prime Lease.

8.
DESTRUCTION OF PREMISES: CONDEMNATION.The destruction of the Premises by fire, or the elements, or any material injury
to the Premises which renders the Premises unquestionably untenantable, for twenty (20) days shall, at the option of the Subtenant,
result in a termination of this Lease. If Subtenant does not terminate this Lease, the Sublandlord shall reconstruct the Premises
and replace Sublandlord's equipment, furnishings and personal property to the same condition as existed prior to the destruction
at the earliest possible date, and Subtenant's obligation to pay Rent shall be suspended until Subtenant is able to resume use
of the Premises for and office.

9.
SUBTENANT LIABILITY.Subtenant shall not be liable to Sublandlord or any other person or corporation, including employees,
for any damage to their person or property which occurs on the Premises and which may be caused by water, rain, snow, frost, fire,
storm and accidents, or by breakage, stoppage, or leakage of water, gas, heating and sewer pipes or plumbing upon, about or adjacent
to the Premises, or any other reason.

10.
ASSIGNMENT.Neither party shall assign this Lease without the prior written consent of the other, which consent will
not be unreasonably withheld.

11.
DEFAULT.

11.1
Events of Default. Failure of the Subtenant to pay any installment of Rent as and when the same becomes due and payable,
or failure of the Subtenant promptly and faithfully to keep and perform each and every covenant, agreement and stipulation herein
on the part of the Subtenant constitute a default of this Lease. Failure of the Sublandlord to promptly and faithfully keep and
perform each and every covenant, agreement, and stipulation herein on the part of the Sublandlord to be kept and performed shall,
at the option of the Subtenant, constitute a default of this Lease.

11.2
Cure Period. In the event that either party breaches this Agreement, then the non-breaching party may provide written notice
of its intent to terminate this Agreement. Such notice shall indicate the specific term or terms of this Agreement which have
been breached and describe, in reasonable detail, the event or events that have caused the breach. If the event causing such notice
is the bankruptcy, insolvency, liquidation or appointment of a receiver for the party receiving such notice, then this Agreement
shall terminate forthwith, unless it is with respect to an involuntary proceeding in which case the Agreement shall terminate
if such proceeding is not dismissed within sixty (60) days. If the event causing such notice is other than those listed above
and if the party receiving notice of breach fails to correct or remedy the condition within a thirty (30) day period, then the
non-breaching party may terminate this Agreement immediately upon delivery of written notice to the breaching party.

11.3
Remedies. In the case of any breach or default of the Lease by Subtenant, Sublandlord shall have all of the remedies, rights
and authority against and with respect to Subtenant provided by law or in equity. In the case of any breach or default of this
Lease by Sublandlord, Subtenant shall have all of the remedies, rights and authority against and with respect to Sublandlord provided
by law, or in equity specifically including the right to injunctive relief.

12.
COMMON AREAS. Subtenant shall have the right, during the hours such facilities are normally maintained by Sublandlord,
to use the common areas of the Premises, such as entryways, hallways, waiting areas, lobby, restrooms, showrooms, warehouse and
manufacturing areas. In addition, Sublandlord shall provide Subtenant with the use of conference rooms as reasonably requested
by Subtenant. Subtenant, its employees, agents, invitees, and patients shall abide by all security rules, regulations, directives
and the like that the Sublandlord shall promulgate from time to time with respect to such facilities.

13.
NOTICE. All notices, demands, or communications to be given under this Lease or by law shall be given in writing by
delivery or by mail and shall be deemed given when delivered or, if mailed, one day after deposit in the U.S. mail, first class
certified mail, postage prepaid, return receipt requested, and addressed to the respective addresses set forth below or to such
other addresses as the addressee shall have furnished to the other party in the manner set forth in this section:

To
the Sublandlord:United Resource Holding, LLC

10457
West 84th Terrace

Lenexa,
KS 66214

 

To
the Subtenant:EUR-ECA, Ltd

10449
West 84th Terrace

Lenexa,
KS 66214

14.
RELATIONSHIP OF THE PARTIES. Sublandlord and Subtenant are independent entities and nothing in this Agreement shall be
construed or be deemed to create any relationship other than that of independent parties contracting with each other solely for
the purpose of carrying out the terms and conditions of the Agreement.

15.
RECORDING. Upon request of either party, the other party shall execute and deliver a memorandum of the Lease suitable
for recording and containing such terms hereof as the requesting party shall reasonable require; provided that any provisions
relating to the payment of Rent shall be executed there from.

16.
SEVERABILITY. If any part of this Agreement should be held to be void or unenforceable, such part will be treated as
severable, leaving valid the remainder of this Agreement notwithstanding the part or parts found void or unenforceable.

17.
ENTIRE AGREEMENT. All prior understandings and agreements between the parties are merged into this Lease, which Lease
sets forth the entire understanding of the parties with respect to the subject matter hereof, and this Lease may not be amended
or modified in any manner except by a writing signed by the party against which enforcement is sought. The covenants and agreements
herein contained shall bind and inure to the benefits of the parties hereto and their respective successors and assigns.

SUBLANDLORD:UNITED
RESOURCE HOLDINGS, LLC

By:
/s/ Paul K. Thoma

Paul
K. Thoma, Manager

 

SUBTENANT:EUR-ECA,
Ltd.

By:/s/
Gary Grieco

Gary
Grieco, Chief Executive Officer

 

    	 

    	 

    

 

 

November
30, 2015

AMENDMENT
TO OFFICE SUBLEASE

In
regards to the "Sublease" dated August 1, 2015 between United Resource Holdings, Inc. and EUR-ECA Ltd. (now Paradigm
Convergence Technologies Corporation or PCT) the two parties agree to change the start date of the lease to December 1, 2015 with
the termination date of the lease November 30, 2016. An additional office of approximately 150 square feet will be included in
the lease so the rent payment per month will change from $1,000 per month to $1,500 per month. All other terms and conditions
of the sublease agreement remain in effect.

 

Dated
this 30th day of November, 2015.

 

	/s/ John Julian	 	/s/ Tom Whitehead
	 	 	 
	John Julian - United Resource	 	Tom Whitehead - General Manager, PCT

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