Document:

Amendment No. 3 to Forbearance Agreement

 Exhibit 10.2 
 AMENDMENT NO. 3 TO FORBEARANCE AGREEMENT 
 This AMENDMENT
NO. 3 TO FORBEARANCE AGREEMENT (this “Amendment”) dated as of February 6, 2012, is by and among WELLS FARGO FOOTHILL CANADA ULC, an unlimited corporation existing under the laws of Alberta, as the administrative agent for the
Lenders (in such capacity, “Agent”), certain financial institutions party thereto as Lenders, and DIALOGIC CORPORATION, a British Columbia corporation (the “Borrower”). 

R E C I T A L S: 
 A. WHEREAS, Borrower, Agent and Lenders from time to time party thereto have entered into certain financing arrangements pursuant to that certain Credit Agreement dated as of March 5, 2008 (as
amended hereby, and as the same may have heretofore been or may hereafter be further amended, modified, supplemented, extended, renewed, restated or replaced, the “Credit Agreement”); 

B. Borrower, Agent and Lenders are party to that certain Forbearance Agreement dated as of November 14, 2011, as
amended by that certain Amendment No. 1 to Forbearance Agreement dated as of December 29, 2011, and by that certain Amendment No. 2 to Forbearance Agreement dated as of January 5, 2012 (the “Forbearance
Agreement”) pursuant to which Agent and Lenders agreed to forbear from exercising their rights and remedies with respect to the Existing Defaults and Anticipatory Defaults (as defined in the Forbearance Agreement) solely during the
Forbearance Period (as defined in the Forbearance Agreement) on the terms and conditions set forth therein. 

C. Borrower has requested that Agent and Lenders agree to amend the Forbearance Agreement. 

D. Agent and Lenders are willing to amend the Forbearance Agreement as set forth herein. 

NOW, THEREFORE, in consideration of the foregoing, and the respective agreements, warranties and covenants contained
herein, the parties hereto agree as follows: 
 SECTION 1. DEFINITIONS 

1.1. Interpretation. All capitalized terms used herein (including the recitals hereto) shall have the respective
meanings ascribed thereto in the Credit Agreement or the Forbearance Agreement unless otherwise defined herein. 

 SECTION 2. AMENDMENTS TO FORBEARANCE AGREEMENT 

Subject to the conditions precedent set forth in Section 5 herein and in reliance on the representations and
warranties set forth in Section 4 herein, the Credit Agreement is hereby amended as follows: 
 2.1.
Section 1.2(c) of the Forbearance Agreement is amended and restated in its entirety as follows: 
 (c) “Forbearance Period” means the period commencing on the date hereof and ending on the date which is the earliest of (i) March 6, 2012; (ii) the occurrence or existence of any
Event of Default, other than the Existing Defaults or the Anticipatory Defaults; or (iii) the occurrence of any Termination Event. 
 2.2. Section 1.2(d) of the Forbearance Agreement is hereby amended by deleting the reference to “January 5, 2012” in clause (ii) thereof, and replacing it with “February 2,
2012”. 
 SECTION 3. ACKNOWLEDGMENTS 

3.1. Acknowledgment of Obligations. Borrower hereby acknowledges, confirms and agrees that as of the close of
business on February 5, 2012, (a) Borrower is indebted to Lenders in respect of the Advances in the principal amount of $14,207,020.40 and (b) Borrower is indebted to Lenders in respect of the Letters of Credit in the aggregate
principal amount of $0.00. Borrower hereby acknowledges, confirms and agrees that all such amounts, together with interest accrued and accruing thereon, all reimbursement obligations with respect to the Letters of Credit, and all fees, costs,
expenses and other charges now or hereafter payable by Borrower to Agent or Lenders, are unconditionally owing by Borrower to Agent and Lenders, without offset, defense or counterclaim of any kind, nature or description whatsoever. 

3.2. Acknowledgment of Security Interests. Borrower hereby acknowledges, confirms and agrees that Agent, for the
benefit of the Lender Group and the Bank Product Providers, has and shall continue to have valid, enforceable and perfected first-priority liens upon and security interests in the Collateral granted to Agent, for the benefit of the Lender Group and
the Bank Product Providers, pursuant to the Credit Agreement and the Loan Documents or otherwise granted to or held by Agent, for the benefit of the Lender Group and the Bank Product Providers (collectively, the “Security”), and the
Borrower further acknowledges, confirms and agrees that the Security secures the Obligations. 
 3.3. Binding
Effect of Documents. Borrower hereby acknowledges, confirms and agrees that: (a) each of the Credit Agreement and the Loan Documents to which it is a party (including the Forbearance Agreement, as amended by this Amendment) has been duly
executed and delivered to Agent by Borrower, and each is and shall remain in full force and effect as of the date hereof except as modified pursuant hereto, (b) the agreements and obligations of Borrower contained in such documents and in this
Amendment constitute the legal, valid and binding Obligations of Borrower, enforceable against it in accordance with their respective terms, and Borrower has no valid defense to the enforcement of such Obligations, and (c) Agent and Lenders are
and shall be entitled to the rights, remedies and benefits provided for under the Credit Agreement and the Loan Documents and applicable law. 
 3.4. Acknowledgment of Default. Borrower hereby acknowledges and agrees that the Existing Defaults have occurred and are continuing, each of which constitutes an Event of Default and entitles Agent
to exercise its rights and remedies under the Credit Agreement and the Loan Documents, applicable law, or otherwise. Borrower represents and warrants that as of the date 

  
 -2-

 
hereof, no Events of Default exist other than the Existing Defaults. Borrower hereby acknowledges and agrees that when the Anticipatory Defaults occur, each shall constitute an Event of Default
under the Credit Agreement and the Loan Documents. Borrower hereby acknowledges and agrees that Agent and Lenders have the exercisable right to declare the Obligations to be immediately due and payable under the terms of the Credit Agreement and the
Loan Documents. Borrower acknowledges that Lenders are no longer obligated to make any Advances. Pursuant to and subject to the terms of Section 3.2 of the Forbearance Agreement and subject to the terms and conditions therein and in this
Amendment, Agent and Lenders have agreed to forbear during the Forbearance Period from exercising their rights and remedies under the Credit Agreement and the Loan Documents or applicable law in respect of or arising out of the Existing Defaults and
the Anticipatory Defaults. Borrower acknowledges and agrees that such agreement to forbear during the Forbearance Agreement does not apply to any Event of Default that may be in existence or may heretoafter occur other than the Existing Defaults and
the Anticipatory Defaults, and that upon the expiration or termination of the Forbearance Period, the Forbearance Agreement shall automatically and without further action terminate and be of no further force and effect, it being expressly agreed
that the effect of such termination will be to permit Agent and Lenders to exercise immediately all rights and remedies under the Credit Agreement and the Loan Documents and applicable law, including, but not limited to, accelerating all of the
Obligations under the Credit Agreement and the Loan Documents; in each case without any further notice to Borrower, passage of time or forbearance of any kind. 
 3.5. No Waivers; Reservation of Rights. Agent and Lenders have not waived, are not by this Amendment waiving, and have no intention of waiving, any Events of Default which may be continuing on the
date hereof or any Events of Default which may occur after the date hereof (whether the same or similar to the Existing Defaults, the Anticipatory Defaults or otherwise), and Agent and Lenders have not agreed to forbear with respect to any of their
rights or remedies concerning any Events of Default (other than, during the Forbearance Period, the Existing Defaults and the Anticipatory Defaults to the extent expressly set forth herein) occurring at any time. Subject to Section 3.2 of the
Forbearance Agreement (solely with respect to the Existing Defaults and the Anticipatory Defaults), Agent and Lenders reserve the right, in their discretion, to exercise any or all of their rights and remedies under the Credit Agreement and the Loan
Documents as a result of any other Events of Default occurring at any time. Agent and Lenders have not waived any of such rights or remedies, and nothing in this Agreement, and no delay on their part in exercising any such rights or remedies, shall
be construed as a waiver of any such rights or remedies. 
 3.6. Reaffirmation. Borrower hereby confirms
and reaffirms all of their obligations under the Credit Agreement, the Forbearance Agreement (as amended by this Amendment) and the other Loan Documents. Any reference in this Amendment to the Forbearance Agreement refers to the Forbearance
Agreement as amended hereby. 
 SECTION 4. REPRESENTATIONS AND WARRANTIES 

Borrower hereby represents, warrants and covenants as follows: 

4.1. Representations in the Credit Agreement and the Loan Documents. Each of the representations and warranties
made by or on behalf of Borrower to Agent or any Lender in the 

  
 -3-

 
Credit Agreement or any of the Loan Documents was true and correct when made, and is, except for the Existing Defaults and the Anticipatory Defaults, true and correct on and as of the date of
this Amendment with the same full force and effect as if each of such representations and warranties had been made by Borrower on the date hereof and in this Amendment, except (i) to the extent such representations and warranties expressly
refer to an earlier date (in which case such representations and warranties were true and correct in all material respects (unless otherwise qualified by materiality, Material Adverse Changes or a dollar threshold, in which case they shall be true
in all respects) on and as of such earlier date, (ii) to the extent that any Schedule relating to any such representation and warranty was not required to be updated pursuant to the terms of the Credit Agreement until a subsequent date,
(iii) to the extent such representations or warranties are not true and correct solely as a result of the Existing Defaults or the Anticipatory Defaults, and (iv) that the existence of the Existing Defaults and the Anticipatory Defaults
shall not, in and of itself, be deemed to be a “Material Adverse Change” for the purposes of Section 4.11 of the Credit Agreement. 
 4.2. Binding Effect of Documents. This Amendment has been duly authorized, executed and delivered to Agent and Lenders by Borrower, is enforceable in accordance with its terms and is in full force
and effect. 
 4.3. No Conflict. The execution, delivery and performance of this Amendment by Borrower
will not violate any requirement of law or contractual obligation of Borrower and will not result in, or require, the creation or imposition of any Lien on any of their respective properties or revenues. 

SECTION 5. CONDITIONS TO EFFECTIVENESS OF CERTAIN PROVISIONS OF THIS AGREEMENT 

The effectiveness of the terms and provisions of Section 2 and Section 3.4 of this Amendment shall be subject to
the receipt by Agent of each of the following, in form and substance satisfactory to Agent: 
 (a) an executed copy of a
forbearance letter by the Term Loan Lenders, extending the forbearance period contemplated by that certain forbearance letter from the Term Loan Lenders, dated January 5, 2012, to a date that is no earlier than March 15, 2012, in a form
substantially similar to the forbearance letter dated January 5, 2012, or otherwise in form and substance satisfactory to Agent; 
 (b) an executed copy of this Amendment, duly authorized, executed and delivered by Borrower, each Lender and Agent; and 
 (c) execution and delivery of a Consent and Reaffirmation, in the form attached as Exhibit A, by each Guarantor. 
 SECTION 6. MISCELLANEOUS 
 6.1. Continuing Effect of
Credit Agreement. Except as modified pursuant hereto, no other changes or modifications to the Credit Agreement and the Loan Documents are intended or 

  
 -4-

 
implied by this Amendment and in all other respects the Credit Agreement and the Loan Documents hereby are ratified, restated and confirmed by all parties hereto as of the effective date hereof.
To the extent of conflict between the terms of this Amendment, the Credit Agreement and the Loan Documents, the terms of this Amendment shall govern and control. The Credit Agreement and the Forbearance Agreement as amended by this Amendment shall
be read and construed as one agreement. 
 6.2. Costs and Expenses. Borrower absolutely and
unconditionally agrees to pay to Agent, on demand by Agent at any time, whether or not all or any of the transactions contemplated by this Amendment are consummated: all reasonable fees and disbursements of any counsel to Agent in connection with
the preparation, negotiation, execution or delivery of this Amendment and any agreements contemplated hereby and expenses which shall at any time be incurred or sustained by Agent, any Lender, any participant of any Lender or any of their respective
directors, officers, employees or agents as a consequence of or in any way in connection with the preparation, negotiation, execution, or delivery of this Amendment and any agreements contemplated hereby. 

6.3. Further Assurances. At Borrower’s expense, the parties hereto shall execute and deliver such additional
documents and take such further action as may be necessary or desirable to effectuate the provisions and purposes of this Amendment. 
 6.4. Successors and Assigns. This Amendment shall be binding upon and inure to the benefit of each of the parties hereto and their respective successors and assigns. 

6.5. Survival of Representations, Warranties and Covenants. All representations, warranties, covenants and
releases of Borrower made in this Amendment or any other document furnished in connection with this Amendment shall survive the execution and delivery of this Amendment and the Forbearance Period, and no investigation by Agent or any Lender, or any
closing, shall affect the representations and warranties or the right of Agent and Lenders to rely upon them. 

6.6. Release. 
 (a) In consideration of the agreements of Agent and Lenders contained herein and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Borrower and each
Guarantor executing a Consent and Reaffirmation attached hereto, on behalf of itself and its successors and assigns, and its present and former members, shareholders, affiliates, subsidiaries, divisions, predecessors, directors, officers, attorneys,
employees, agents, legal representatives and other representatives (Borrower, each Guarantor and all such other Persons being hereinafter referred to collectively as the “Releasing Parties” and individually as a “Releasing
Party”, hereby absolutely, unconditionally and irrevocably releases, remises and forever discharges Agent, each Lender, and each of their respective successors and assigns, and their respective present and former shareholders, affiliates,
subsidiaries, divisions, predecessors, directors, officers, attorneys, employees, agents, legal representatives and other representatives (Agent, Lenders and all such other Persons being hereinafter referred to collectively as the
“Releasees” and individually as a “Releasee”), of and from all demands, actions, causes of action, suits, damages and any and all other claims, counterclaims, defenses, rights of set-off, demands and liabilities
whatsoever (individually, a “Claim” and collectively, “Claims”) of every 

  
 -5-

 
kind and nature, known or unknown, suspected or unsuspected, at law or in equity, which any Releasing Party may now or hereafter own, hold, have or claim to have against the Releasees or any of
them for, upon, or by reason of any circumstance, action, cause, or thing whatsoever which arises at any time on or prior to the date of this Amendment, for or on account of, or in relation to, or in any way in connection with this Amendment, the
Credit Agreement, any of the Loan Documents or any of the transactions hereunder or thereunder. 
 (b) Borrower
and each Guarantor understands, acknowledges and agrees that the release set forth above may be pleaded as a full and complete defense to any Claim 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. 
 (c) Borrower and each
Guarantor agrees that no fact, event, circumstance, evidence or transaction which could now be asserted or which may hereafter be discovered shall affect in any manner the final, absolute and unconditional nature of the release set forth above.

 6.7. Covenant Not to Sue. Each of the Releasing Parties hereby absolutely, unconditionally and
irrevocably, covenants and agrees with and in favor of each Releasee 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 any Releasing Party
pursuant to Section 6.6 above. If any Releasing Party violates the foregoing covenant, Borrower, for itself and its successors and assigns, and its present and former members, shareholders, affiliates, subsidiaries, divisions, predecessors,
directors, officers, attorneys, employees, agents, legal representatives and other 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 any Releasee as a result of such violation. 
 6.8. Severability. Any provision of this
Amendment held by a court of competent jurisdiction to be invalid or unenforceable shall not impair or invalidate the remainder of this Amendment. 
 6.9. Reviewed by Attorneys. Borrower represents and warrants to Agent and Lenders that it (a) understands fully the terms of this Amendment and the consequences of the execution and delivery
of this Amendment, (b) has been afforded an opportunity to discuss this Amendment with, and have this Amendment reviewed by, such attorneys and other persons as Borrower may wish, and (c) has entered into this Amendment and executed and
delivered all documents in connection herewith of its own free will and accord and without threat, duress or other coercion of any kind by any Person. The parties hereto acknowledge and agree that neither this Amendment nor the other documents
executed pursuant hereto shall be construed more favorably in favor of one than the other based upon which party drafted the same, it being acknowledged that all parties hereto contributed substantially to the negotiation and preparation of this
Amendment and the other documents executed pursuant hereto or in connection herewith. 
 6.10.
Disgorgement. If Agent or any Lender is, for any reason, compelled by a court or other tribunal of competent jurisdiction to surrender or disgorge any payment, interest or other consideration described hereunder to any person because the same
is determined to be void or voidable as a preference, fraudulent conveyance, impermissible set-off or for any other reason, 

  
 -6-

 
such indebtedness or part thereof intended to be satisfied by virtue of such payment, interest, or other consideration shall be revived and continue as if such payment, interest, or other
consideration had not been received by Agent or such Lender, and the Borrower shall be liable to, and shall indemnify, defend and hold Agent or such Lender harmless for, the amount of such payment or interest surrendered or disgorged. The provisions
of this Section 6.10 shall survive execution and delivery of this Amendment and the documents, agreements, and instruments to be executed or delivered herewith. 

6.11. Relationship. Borrower agrees that the relationship between Agent and Borrower and between each Lender and
Borrower is that of creditor and debtor and not that of partners or joint venturers. This Amendment does not constitute a partnership agreement, or any other association between Agent and Borrower or between any Lender and Borrower. Borrower
acknowledges that Agent and each Lender has acted at all times only as a creditor to such Borrower within the normal and usual scope of the activities normally undertaken by a creditor and in no event has Agent or any Lender attempted to exercise
any control over Borrower or its business or affairs. Borrower further acknowledges that Agent and each Lender has not taken or failed to take any action under or in connection with its respective rights under the Credit Agreement and the Loan
Documents that in any way or to any extent has interfered with or adversely affects such Borrower’s ownership of Collateral. 
 6.12. Governing Law: Consent to Jurisdiction and Venue. EXCEPT AS OTHERWISE EXPRESSLY PROVIDED IN THE CREDIT AGREEMENT AND ANY OF THE LOAN DOCUMENTS, THE VALIDITY OF THIS AMENDMENT, THE FORBEARANCE
AGREEMENT, THE CREDIT AGREEMENT AND THE LOAN DOCUMETNS AND THE CONSTRUCTION, INTERPRETATION, AND ENFORCEMENT HEREOF AND THEREOF, AND THE RIGHTS OF THE PARTIES HERETO AND THERETO WITH RESPECT TO ALL MATTERS ARISING HEREUNDER AND THEREUNDER OR RELATED
HERETO OR THERETO SHALL BE DETERMINED UNDER, GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE PROVINCE OF ONTARIO, CANADA AND THE FEDERAL LAWS OF CANADA APPLICABLE THEREIN. THE PARTIES AGREE THAT ALL ACTIONS OR PROCEEDINGS ARISING
IN CONNECTION WITH THIS AGREEMENT SHALL BE TRIED AND LITIGATED ONLY IN THE PROVINCE OF ONTARIO AND, TO THE EXTENT REQUIRED BY APPLICABLE LAW, FEDERAL COURTS IN THE PROVINCE OF ONTARIO; PROVIDED, HOWEVER, THAT ANY ACTION SEEKING
ENFORCEMENT AGAINST ANY COLLATERAL OR OTHER PROPERTY MAY BE BROUGHT, AT AGENT’S OPTION, IN THE COURTS OF ANY JURISDICTION WHERE AGENT ELECTS TO BRING SUCH ACTION OR WHERE SUCH COLLATERAL OR OTHER PROPERTY MAY BE FOUND. BORROWER AND EACH
GUARANTOR EXECUTING THE CONSENT AND REAFFIRMATION ATTACHED HERETO EACH WAIVES, TO THE EXTENT PERMITTED UNDER APPLICABLE LAW, ANY RIGHT EACH MAY HAVE TO ASSERT THE DOCTRINE OF FORUM NON CONVENIENS OR TO OBJECT TO VENUE TO THE
EXTENT ANY PROCEEDING IS BROUGHT IN ACCORDANCE WITH THIS SECTION 6.12. 
 6.13. Mutual Waiver of
Jury Trial. THE PARTIES HERETO AND EACH GUARANTOR EXECUTING THE CONSENT AND REAFFIRMATION ATTACHED 

  
 -7-

 
HERETO EACH WAIVES THEIR RESPECTIVE RIGHTS TO A JURY TRIAL OF ANY CLAIM OR CAUSE OF ACTION BASED UPON OR ARISING OUT OF THIS AGREEMENT OR ANY OF THE TRANSACTIONS CONTEMPLATED HEREIN, INCLUDING
CONTRACT CLAIMS, TORT CLAIMS, BREACH OF DUTY CLAIMS, AND ALL OTHER COMMON LAW OR STATUTORY CLAIMS. THE PARTIES HERETO EACH REPRESENT THAT EACH HAS REVIEWED THIS WAIVER AND EACH KNOWINGLY AND VOLUNTARILY WAIVES ITS JURY TRIAL RIGHTS FOLLOWING
CONSULTATION WITH LEGAL COUNSEL. IN THE EVENT OF LITIGATION, A COPY OF THIS AGREEMENT MAY BE FILED AS A WRITTEN CONSENT TO A TRIAL BY THE COURT. 
 6.14. Counterparts. This Amendment may be executed in any number of counterparts, but all of such counterparts shall together constitute but one and the same agreement. 

6.15. Effectiveness of Forbearance Agreement. The Forbearance Agreement is and shall remain in full force and
effect as of the date hereof except as modified by this Amendment. 
 [signatures on following
page] 

  
 -8-

 IN WITNESS WHEREOF, this Amendment is executed and delivered as of the day and year first
above written. 
  

			
	BORROWER:
	
	 DIALOGIC CORPORATION,
 a British Columbia corporation

		
	By:	 	 /s/ Anthony Housefather

	Name:	 	 Anthony Housefather

	Title:	 	 EVP, Corporate Affairs and General Counsel

	
	 WELLS FARGO FOOTHILL CANADA ULC
 as Agent and a Lender

		
	By:	 	 /s/ Domenic Cosentino

	Name:	 	 Domenic Cosentino

	Title:	 	 Vice President

 Signature Page to Amendment No. 3 to Forbearance Agreement 

 EXHIBIT A 
 to 
 AMENDMENT NO. 3 TO FORBEARANCE AGREEMENT 

CONSENT AND REAFFIRMATION 
 Each of the undersigned (each a “Guarantor”) hereby (i) acknowledges receipt of a copy of the foregoing Amendment No. 3 to Forbearance Agreement (the “Amendment”; capitalized
terms used but not otherwise defined herein shall have the meanings ascribed to such terms in that certain Credit Agreement dated as of March 5, 2008 (as amended, supplemented, extended, renewed, restated or otherwise modified from time to
time) among Agent, Borrower and the Lenders from time to time party thereto; (ii) consents to Borrower’s execution and delivery of the Amendment; (iii) agrees to be bound by the Amendment and the Forbearance Agreement (as defined in
the Amendment) as amended by the Amendment, including Section 6.6 and Section 6.7 of the Amendment; (iv) affirms that nothing contained in the Amendment, except as specifically stated therein, shall modify in any respect whatsoever
any Loan Document to which it is a party; and (v) reaffirms its obligations under (a) the guaranty of the Obligations to which it is a party and (b) each of the other Loan Documents to which it is a party (as modified by the
Amendment, collectively, the “Reaffirmed Loan Documents”) and confirms that such obligations are unconditional and not subject to any defense, setoff, counterclaim or other adverse claim. Although each Guarantor has been informed of the
matters set forth herein and has acknowledged and agreed to same, each Guarantor understands that neither Agent nor any Lender has any obligation to inform any Guarantor of such matters in the future or to seek any Guarantor’s acknowledgment or
agreement to future amendments, waivers or consents, and nothing herein shall create such a duty. 
 The
undersigned further agree that after giving effect to the Agreement, each Reaffirmed Loan Document shall remain in full force and effect. 
 [signature page follows] 

			
	 DIALOGIC (US) INC., a Delaware corporation
 formerly known as DIALOGIC INC.

		
	By:	 	 /s/ Anthony Housefather

	Name:	 	 Anthony Housefather

	Title:	 	 EVP, Corporate Affairs and General Counsel

  

			
	 CANTARA TECHNOLOGY, INC.,
 a Massachusetts corporation

		
	By:	 	 /s/ Anthony Housefather

	Name:	 	 Anthony Housefather

	Title:	 	 EVP, Corporate Affairs and General Counsel

  

			
	 DIALOGIC DISTRIBUTION LIMITED, a
 company organized under the laws of Ireland)

		
	By:	 	 /s/ Anthony Housefather

	Name:	 	 Anthony Housefather

	Title:	 	 EVP, Corporate Affairs and General Counsel

  

			
	SIGNED SEALED AND DELIVERED AS A DEED
		
	By:	 	 /s/ Anthony Housefather

		 	The attorney for and on behalf of:

 

			
	 DIALOGIC DISTRIBUTION LIMITED
 in the presence of:

		
	Witness:	 	 /s/ Rachele Stein 

	Print Name:	 	 Rachele Stein 

	Print Address:	 	 5800 Cavendish Blvd., Suite 500

		 	 Montreal, Quebec, H4M 2V9 Canada

 Signature Page to Consent and Reaffirmation 

			
	 DIALOGIC INC., a Delaware corporation formerly

known as Veraz Networks, Inc.

		
	By:	 	 /s/ Anthony Housefather

	Name:	 	 Anthony Housefather

	Title:	 	 EVP, Corporate Affairs and General Counsel

	
	 DIALOGIC NETWORKS (ISRAEL) LTD.,
 a limited liability company incorporated under the laws of Israel

		
	By:	 	 /s/ Israel Zohar

	Name:	 	 Israel Zohar

	Title:	 	 Director

	
	DIALOGIC DO BRASIL COMERCIO DE EQUIPAMENTOS PARA TELECOMMUNICACAO LTDA., a limited liability company duly organized and existing under the laws of Brazil, f/k/a
Veraz Networks do Brasil Comercio de Equipamentos para Telecomunicacao Ltda.
		
	By:	 	 /s/ Jobelino Vitoriano Locateli

	Name:	 	 Jobelino Vitoriano Locateli

	Title:	 	 Legal Representative

 Signature Page to Consent and ReaffirmationEX-10.1

 Exhibit 10.1 
 COMMERCIAL LEASE AGREEMENT 

DATED NOVEMBER 1, 2011 
 BETWEEN 
 JON ASIAN, LLC

 AND 
 EDICT SYSTEMS, INC. 

 Contents 

 

									
		 	 1.
	 	Initial Term and Renewals	  	 	1	  
		 	 2.
	 	Rent	  	 	1	  
		 	 3.
	 	Use of Premises	  	 	2	  
		 	 4.
	 	Absolutely Net Net Net Lease	  	 	2	  
		 	 5.
	 	Sublease and Assignment	  	 	2	  
		 	 6.
	 	Maintenance and Repairs	  	 	3	  
		 	 7.
	 	Alterations and Improvements	  	 	3	  
		 	 8.
	 	Taxes	  	 	4	  
		 	 9.
	 	Insurance	  	 	4	  
		 	 10.
	 	    Utilities	  	 	6	  
		 	 11.
	 	    Signs	  	 	6	  
		 	 12.
	 	    Landlord’s Right of Entry	  	 	7	  
		 	 13.
	 	    Parking	  	 	7	  
		 	 14.
	 	    Building Rules	  	 	7	  
		 	 15.
	 	    Damage or Destruction	  	 	7	  
		 	 16.
	 	    Default by Tenant	  	 	8	  
		 	 17.
	 	    Quiet Possession	  	 	9	  
		 	 18.
	 	    Condemnation	  	 	9	  
		 	 19.
	 	    Subordination	  	 	10	  
		 	 20.
	 	    Estoppel Certificate	  	 	11	  
		 	 21.
	 	    Security Deposit	  	 	11	  
		 	 22.
	 	    Notices and Payment of Rent	  	 	11	  
		 	 23.
	 	    Brokers	  	 	12	  
		 	 24.
	 	    Non-Waiver and Right to Cure Defaults	  	 	12	  
		 	 25.
	 	    Holding Over by Tenant	  	 	12	  
		 	 26.
	 	    Surrender of Premises	  	 	12	  
		 	 27.
	 	    Memorandum of Lease	  	 	13	  
		 	 28.
	 	    Time of the Essence	  	 	13	  
		 	 29.
	 	    Headings	  	 	13	  
		 	 30.
	 	    Binding Effect	  	 	13	  
		 	 31.
	 	    Landlord’s Consent	  	 	13	  
		 	 32.
	 	    Performance	  	 	14	  
		 	 33.
	 	    Compliance With Law	  	 	14	  
		 	 34.
	 	    Entire Agreement	  	 	14	  
		 	 35.
	 	    Amendments	  	 	14	  
		 	 36.
	 	    Governing Law	  	 	14	  
		 	 37.
	 	    Severability of Provisions	  	 	14	  
		 	 38.
	 	    Copy of Agreement	  	 	14	  
	 Schedule “A” Description of Leased Premises
	  	 	1	  

  
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 COMMERCIAL LEASE AGREEMENT
(OHIO) 
 THIS AGREEMENT made effective as of the 1st day of November, 2011. 

BETWEEN: 
 Jon Asian,
LLC 
 2434 Esquire Dr., Beavercreek, OH 45431 
 (the “Landlord”) 
 - and - 

Edict Systems, Inc. 
 2434 Esquire Dr., Beavercreek, OH 45431 
 (the “Tenant”) 

IN CONSIDERATION of the mutual promises and at the rental and upon the covenants, conditions and provisions herein set forth, contained and other
good and valuable consideration, Landlord leases to Tenant and Tenant leases from Landlord, the real property described in the attached Schedule “A”, which Schedule “A” is incorporated herein by this reference, together with all
improvements now or hereafter located thereon and all appurtenances and privileges related thereto, all of which area is hereinafter referred to as the “Premises.” 

 

	1.	Initial Term and Renewals 

Landlord hereby leases the Leased Premises to Tenant, and Tenant hereby leases the same from Landlord, for an “Initial Term”
beginning on November 1, 2011 and ending on October 31, 2016. Landlord shall use its best efforts to give Tenant possession as nearly as possible at the beginning of the Lease term. If Landlord is unable to provide Tenant with possession
of the Leased Premises in a timely fashion, rent shall abate for the period of delay. Tenant shall make no other claim against Landlord for any such delay. This Lease contains no renewal options. 

 

	2.	Rent 

Tenant shall pay to Landlord during the Term rental of TWO-HUNDRED-TWENTY-EIGHT THOUSAND DOLLARS ($228,000.00) per
year, payable in installments of Nineteen-Thousand Dollars ($19,000.00) per month. Each installment payment shall be due in advance on the first (1st) day of each calendar month during the lease term to Landlord at 2434 Esquire Dr., Beavercreek, OH 45431 or at
such other place designated by written notice from Landlord to Tenant. Tenant shall pay the first month’s rent to Landlord at the time of the parties’ execution of this Lease. If the lease term commences on a day other than the first day
of a calendar month, the first month’s rent shall be adjusted accordingly. Tenant shall also pay to Landlord a “Security Deposit” in the amount of Nineteen Thousand Dollars ($19,000.00). 

	3.	Use of Premises 

 Tenant’s use of the
Leased Premises shall be in a lawful, careful, safe, and proper manner, and Tenant shall carefully preserve, protect, control and guard the same from damage. Tenant shall not use the parking area or the ingress and egress area of the Premises in an
unreasonable manner so as to interfere with the normal flow of traffic or the use of such areas by occupants of properties adjacent to the Leased Premises. Tenant shall not use the Leased Premises for the purposes of storing, manufacturing or
selling any explosives, flammables or other inherently dangerous substance, chemical, thing or device. 
  

	4.	Absolutely Net Net Net Lease 

 This Lease
shall be at all times be construed as an absolutely carefree and net, net, net lease to the Landlord and accordingly absolutely all federal, state or municipal taxes, charges or levies, value added taxes, sales taxes, realty taxes, expenses, costs,
payments and outgoings incurred in respect of the demised premises, the subject tenancy, the revenue derived therefrom and the improvements shall be borne by the Tenant so that the rent, revenue and income herein provided shall be absolutely net to
the Landlord and free of all charges, abatement, set-off or deduction for federal, state or municipal taxes, charges or levies, value added taxes, sales taxes, realty taxes, expenses, costs, payments and outgoings of every nature arising from or
related to the demised premises, the rental derived therefrom and the improvements thereto, and the Tenant shall pay all such taxes, charges, rates, assessments, expenses, costs, payments and outgoings, SAVE AND EXCEPT ONLY THAT the Landlord shall
be solely responsible for the Landlord’s own income taxes and any other charges which may be expressly stipulated herein to be the sole responsibility of the Landlord. 

 

	5.	Sublease and Assignment 

 Tenant shall
have the right without Landlord’s consent, to assign this Lease to a corporation with which Tenant may merge or consolidate, to any subsidiary of Tenant, to any corporation under common control with Tenant, or to a purchaser of substantially
all of Tenant’s assets. Except as set forth above, Tenant shall not sublease all or any part of the Leased Premises, or assign this Lease in whole or in part without Landlord’s consent, such consent not to be unreasonably withheld or
delayed. Provided, however, that no assignment of this Lease, whether by act of Tenant or by operation of law, and no sublease of the Leased Premises, or any part thereof, by or from Tenant, shall relieve or release Tenant from any of its
obligations hereunder. This Lease may be assigned by Landlord or by operation of law without Tenant’s consent, provided that the assignee agrees to be bound by the provisions of this Lease then in effect. 

  
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	6.	Maintenance and Repairs 

 Subject to the
provisions of Section 14, relating to destruction of or damage to the Leased Premises, and Section 17, relating to condemnation of the Leased Premises, Tenant shall, at its sole cost and expense, keep and maintain the Leased Premises,
including without limitation, the roof, exterior, foundation, structural and operational parts (cooling, heating, air conditioning, plumbing equipment and fixtures), paving and landscaping, snow and ice removal, interior maintenance (floors, doors,
toilets, light replacement, etc.), and all other elements or systems of the Leased Premises, in a condition and repair similar to its original condition and repair, reasonable wear and tear excepted. Replacement and repair parts, materials, and
equipment used by Tenant to fulfill its obligations hereunder shall be of a quality equivalent to those initially installed within the Leased Premises. All repair and maintenance work shall be done in accordance with the then existing federal,
state, and local laws, regulations and ordinances pertaining thereto. Except as otherwise provided in Sections 14 and 17, Landlord shall have no obligation whatsoever with respect to the maintenance and repair of the Leased Premises. 

 

	7.	Alterations and Improvements 

 Tenant
shall have the right to make, at no expense to Landlord, improvements, alterations, or additions (hereinafter collectively referred to as “Alteration”) to the Leased Premises, whether structural or nonstructural, interior or exterior,
provided that: 
  

	(a)	no Alteration shall be made without the prior written consent of Landlord, which consent shall not be unreasonably withheld; 

 

	(b)	no Alteration shall reduce or otherwise impair the value of the Leased Premises; 

 

	(c)	no Alteration shall be commenced until Tenant has first obtained and paid for all required permits and authorizations of all governmental authorities having
jurisdiction with respect to such Alteration; 

  

	(d)	any Alteration shall be made in a good workmanlike manner and in compliance with all laws, ordinances, regulations, codes, and permits; 

 

	(e)	Tenant shall hold Landlord harmless from and against any liens and claims for work, labor, or materials supplied to the Leased Premises at the direction of Tenant, and
in the event that any such liens or claims shall be filed for work, labor or materials supplied to the Leased Premises at the direction of Tenant, Tenant shall, at Landlord’s option, either escrow an amount equal to the amount of the lien or
claim being filed, or obtain a bond for the protection of Landlord in an amount not less than the amount of the lien or claim being filed; and 

  
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	(f)	any Alteration shall become and remain the property of Landlord unless Landlord otherwise agrees in writing. 

 

	8.	Taxes 

  

	(a)	Tenant shall pay all real estate taxes and assessments becoming due and payable with respect to the Leased Premises during the Initial Term and any Renewal Term, and
all taxes or other charges imposed during the Initial Term and any Renewal Term with respect to any business conducted on the Leased Premises by Tenant or any personal property used by Tenant in connection therewith. Taxes, assessments or other
charges which Tenant is obligated to pay or cause to be paid hereunder and which relate to any fraction of a tax year at the commencement or termination of this Lease shall be prorated based upon the ratio that the number of days in such fractional
tax year bears to 365. 

  

	(b)	Tenant shall have the right to contest, object, or oppose the legality or validity of any tax, assessment, or charge, provided that prompt notice of such contest,
objection, or opposition be given to Landlord, and provided further that Tenant promptly thereafter set aside in a separate escrow account funds equal to the amount of the taxes, assessments, or charges being contested, objected, or opposed by
Tenant. Tenant agrees to hold Landlord harmless from and to fully pay and discharge the amounts finally determined to be due following the exercise of such right to contest, object or oppose, together with any penalties, fines, interests, costs, or
expenses that may accrue, or have accrued, thereon and Tenant shall apply the funds to set aside under this Section 7 or fully discharge its obligations hereunder. 

 

	(c)	If at any time during the Initial Term and any Renewal Term hereunder, the method of taxation prevailing at the commencement of the lease term shall be altered so as to
cause the whole or any part of the taxes, assessments, or charges now or hereafter levied, assessed or imposed on real estate and improvement thereon to be levied, assessed or imposed wholly or partially as a capital levy, or otherwise, on the rents
received therefrom, Tenant shall pay and discharge the same with respect to the rents due hereunder. 

  

	9.	Insurance 

  

	(a)	If the Leased Premises or any other part of the Building is damaged by fire or other casualty resulting from any act or negligence of Tenant or any of Tenant’s
agents, employees or invitees, rent shall not be diminished or abated while such damages are under repair, and Tenant shall be responsible for the costs of repair not covered by insurance. 

  
 - 4 -

	(b)	At its sole cost and expense, Tenant shall obtain and thereafter maintain in full force and effect, at all times during the lease term and any extension thereof, the
following insurance with respect to the Leased Premises: 

  

	 	(i)	comprehensive commercial public liability insurance , bodily injury and property damage insurance coverage having limits of not less than $1,000,000 per occurrence and
$2,000,000 in the aggregate, and $5,000,000 excess umbrella liability coverage. 

  

	 	(ii)	fire and extended coverage insurance in an amount equal to one-hundred percent (100%) of the current replacement value of the Leased Premises, which replacement
value shall be redetermined by Landlord at the beginning of each year of the Initial Term and any Renewal Term. Landlord shall, upon each such redetermination, give written notice to Tenant of such redetermined replacement value. If Tenant fails to
object to such redetermined replacement value within twenty-one (21) days after its receipt of written notice thereof, such value shall be deemed acceptable to Tenant. If Tenant does object to such redetermined replacement value, the
replacement value of the Leased Premises shall then be determined by an appraisal by a third party selected by Landlord and approved by Tenant. Such third party’s determination of the replacement value of the Leased Premises shall be conclusive
and binding upon Landlord and Tenant. The cost of any such appraisal shall be borne equally by Landlord and Tenant. If the replacement value of the Leased Premises determined by such an appraisal is higher than the then existing limits of fire and
extended insurance coverage, Tenant shall, at its sole cost and expense, promptly cause such insurance limits to be increased to the new replacement value of the Leased Premises. The fire and extended coverage insurance policy shall specifically
provide that Landlord and any mortgagee or lessor of Landlord are additional insureds and that all payments shall be made as their interests appear. 

  

	(c)	Each insurance policy furnished under this Section 8 shall be issued by a responsible insurance company acceptable to Landlord, and such insurance coverage may be
written under a blanket policy or policies obtained by Tenant, which policy or policies may include other real estate owned or leased by Tenant. Landlord, Tenant and any mortgagee or lessor of Landlord shall all be named as insured parties in each
such insurance policy, and each policy shall provide for written notice to Landlord and to any mortgagee or lessor of Landlord at least ten (10) days prior to any cancellation, modification, or lapse thereof. Tenant shall furnish Landlord with
memorandum copies of such insurance policies prior to the commencement of the lease term. 

  

	(d)	 Tenant shall indemnify Landlord for, defend Landlord against, and save Landlord harmless from any liability, loss, cost, injury, damage, or other
expense that may occur or be claimed by or with respect to any person or property on or 

  
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about the Leased Premises resulting from the use, misuse, occupancy, possession, or unoccupancy of the Leased Premises by Tenant, its agents, employees, licensees, invitees or guests. Except
where any loss, cost, injury or damage is the result of Landlord’s sole fault or negligence, Landlord shall not have any liability for any loss, cost, injury or damage to the Leased Premises, to Tenant or Tenant’s employees, agents,
licensees, invitees or guests or to any property of such persons. Except as set forth in the Section 8, Landlord shall not be responsible or liable for loss or damage to the contents of any improvements on the Leased Premises, regardless of who
owns the contents and regardless of how or by whom the loss or damage is caused. 
  

	10.	Utilities 

 Tenant shall pay all charges
for water, sewer, gas, electricity, telephone and other services and utilities used by Tenant on the Leased Premises during the term of this Lease unless otherwise expressly agreed in writing by Landlord. In the event that any utility or service
provided to the Leased Premises is not separately metered, Landlord shall pay the amount due and separately invoice Tenant for Tenant’s pro rata share of the charges. Tenant shall pay such amounts within fifteen (15) days of invoice.
Tenant acknowledges that the Leased Premises are designed to provide standard office use electrical facilities and standard office lighting. Tenant shall not use any equipment or devices that utilizes excessive electrical energy or which may, in
Landlord’s reasonable opinion, overload the wiring or interfere with electrical services to other tenants. 
 Landlord does not warrant
that any of the utility services above-mentioned will be free from interruptions caused by war, insurrection, civil commotion, riots, acts of God or the enemy, governmental action, lockouts, picketing (whether legal or illegal), accidents, inability
of Landlord to obtain fuel or supplies, or any other cause or causes beyond the reasonable control of Landlord. Any such interruption of service shall not be deemed an eviction or disturbance of Tenant’s use and possession of the Leased
Premises, or any part thereof, or render Landlord liable to Tenant for damages, or relieve Tenant from the performance of Tenant’s obligations under this Lease. Landlord shall have no responsibility or liability for the failure of any public or
private utility to supply sufficient or adequate utility services to the Leased Premises. 
  

	11.	Signs 

 Tenant shall have the right, with
Landlord’s prior written consent, to place on the Leased Premises, at locations selected by Tenant, any signs which are permitted by applicable zoning ordinances and private restrictions. Landlord may refuse consent to any proposed signage that
is in Landlord’s opinion too large, deceptive, unattractive or otherwise inconsistent with or inappropriate to the Leased Premises or that hampers or restricts the use of any other tenant. Landlord shall assist and cooperate with Tenant in
obtaining any necessary permission from governmental authorities or adjoining owners and occupants for Tenant to place or construct the foregoing signs. Tenant shall repair all damage to the Leased Premises resulting from the removal of signs
installed by Tenant. 

  
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	12.	Landlord’s Right of Entry 

 Landlord
shall have the right to enter upon the Leased Premises at all reasonable times for the purpose of inspecting the same, and during the last year of the Initial Term or any Renewal Term hereunder, Landlord may exhibit the same for sale or rent;
provided, however, that Landlord shall not unreasonably interfere with Tenant’s use of the Premises. 
  

	13.	Parking 

 During the term of this Lease,
Tenant shall have the exclusive use in common with Landlord, other tenants of the Building, their guests and invitees, of the non-reserved common automobile parking areas, driveways, and footways, subject to rules and regulations for the use thereof
as prescribed from time to time by Landlord. Landlord reserves the right to designate parking areas within the Building or in reasonable proximity thereto, for Tenant and Tenant’s agents and employees. Tenant may be asked to provide Landlord
with a list of all license numbers for the cars owned by Tenant, its agents and employees. 
  

	14.	Building Rules 

 Tenant will comply with
the rules of the Building, if any, adopted and altered by Landlord from time to time and will cause all of its agents, employees, invitees and visitors to do so; all changes to such rules will be sent by Landlord to Tenant in writing. No such
building rules exist as of the date of this Lease. 
  

	15.	Damage or Destruction 

 If by fire or
other casualty the Leased Premises are destroyed or damaged to the extent that Tenant is deprived of occupancy or use of the Leased Premises (meaning such destruction cannot be repaired or restored within sixty (60) days of the occurrence of
the fire or other casualty Landlord may elect to 
  

	(a)	cause the restoration of the Leased Premises to substantially the same condition as existed before such damage or destruction; or 

 

	(b)	cancel this Lease as of the date of such fire or casualty by giving written notice to Tenant not more than 30 days thereafter. 

Should Landlord elect to proceed under subparagraph (a), above, rent shall abate unless Tenant continues to partially occupy the Leased Premises, in
which case Tenant shall pay all rent on a prorated basis, until the Leased Premises are restored, equal to an amount obtained by multiplying the then existing monthly rent by a percentage equal

  
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to the fraction which has as its numerator the amount of square feet in the improvements of the Leased Premises which is incapable of being used for its intended purpose and as its denominator
the total amount of square feet in the improvements on the Leased Premises. If such damage does not deprive Tenant of occupancy or use of the Leased Premises, Landlord shall proceed with due diligence or cause the restoration of the Leased Premises
to substantially the same condition as existed before such damage. In such latter event, rent shall not abate. Tenant shall fully cooperate with Landlord in making available to Landlord for the purpose of so restoring the Leased Premises all
insurance proceeds payable under Section 8 as a result of fire or other casualty damage to the Leased Premises. 
  

	16.	Default by Tenant 

 If Tenant fails to pay
any installment of rent or make any other payment required to be made by Tenant when the same shall become due and payable hereunder, or if Tenant fails to observe and perform any other provision, covenant, or condition of this Lease required under
this Lease to be observed and performed by Tenant within fifteen (15) days after Landlord shall have given notice to Tenant of the failure of Tenant to observe and perform the same, or if Tenant abandons or vacates the Leased Premises during
the continuance of this Lease, or if Tenant makes an assignment for the benefit of creditors or enters into a composition agreement with its creditors, or if the interest of Tenant in the Leased Premises is attached, levied upon, or seized by legal
process, or if this Lease is assigned in violation of the terms hereof or is terminated by operation of law, then, in any such event, immediately or at any time thereafter, at the option of Landlord, Landlord shall, as it elects, either: 

 

	(a)	declare this Lease to be in default, in which event this Lease shall immediately cease and terminate, and Landlord may possess and enjoy the Leased Premises as though
this Lease had never been made, without prejudice, however, to any and all rights of action when Landlord may have against Tenant for rent and other charges payable by Tenant hereunder (both past due and future rent due Landlord and past due and
future charges payable by Tenant), damages, or breach of covenant, in respect to which Tenant shall remain and continue liable notwithstanding such termination; or 

 

	(b)	relet the Leased Premises, or any part thereof, for such term or terms and on such conditions, as Landlord deems appropriate for and on behalf of Tenant, for the
highest rental reasonably attainable in the judgment of Landlord, which reletting shall not be considered as a surrender or acceptance back of the Leased Premises or a termination of this Lease, and recover from Tenant any deficiency between the
amount of rent and all other charges payable by Tenant under this Lease and those amounts obtained from such reletting, plus any expenses incurred by Landlord in connection with such reletting, including, without limitation, the expenses of any
repairs or alterations Landlord deems necessary or appropriate to make in connection with such reletting and all sums expended for brokerage commissions and reasonable attorneys’ fees, but Landlord shall be under no duty to relet the Leased
Premises; or 

  
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	(c)	declare the whole amount of the rent and other charges which would otherwise have been paid by Tenant over the balance of the lease term to be immediately due and
payable, without prejudice, however, to any and all other rights of action which Landlord may have against Tenant for past due rent and other charges payable by Tenant hereunder, damages or breach of covenant, in respect to which Tenant shall remain
and continue liable notwithstanding Landlord’s election to proceed under this clause (c). 

 In the event that a bankruptcy
or insolvency proceeding is filed by or against Tenant, or if a court of competent jurisdiction or other governmental authority approves a petition seeking a reorganization, arrangement, composition or other similar relief with respect to Tenant, or
appoints a trustee, receiver or liquidator of Tenant or of all, or substantially all, of Tenant’s property or affairs, or assumes custody or control of all, or substantially all, of the property or affairs of Tenant, Landlord shall have the
right to elect any of the remedies set forth above. If this Lease is assumed or assigned to a trustee, receiver, liquidator or other court-appointed person or entity without Landlord’s prior written consent, the parties and their respective
successors (whether by operation of law or otherwise agree that, upon such an assignment or assumption, all defaults of Tenant prior to such assignment or assumption must be cured or that adequate assurances that such defaults will be promptly cured
must be given and that adequate assurances of future performance under this Lease must be provided. Such adequate assurances shall mean that a bond shall be issued in favor of Landlord in the amount equal to one year’s future rent and that an
amount equal to all existing monetary obligations of Tenant which are in default shall be escrowed with an escrow agent acceptable to Landlord. Additionally, all past due monetary obligations of Tenant which are in default shall be paid to Landlord
within sixty (60) days after the assignment or assumption and rent will be currently and continually paid on a timely basis commencing with the first day of the month following the 60th day of the assignment and assumption. 

 

	17.	Quiet Possession 

 Landlord covenants and
warrants that upon performance by Tenant of its obligations hereunder, Landlord will keep and maintain Tenant in exclusive, quiet, peaceable and undisturbed and uninterrupted possession of the Leased Premises during the term of this Lease.

  

	18.	Condemnation 

 If all or materially all of
the Leased Premises are taken in appropriation proceedings or by right of eminent domain or by the threat of the same, then this Lease shall terminate as of the date Tenant is deprived of occupancy thereof, and Tenant’s obligations under this
Lease, except obligations for rent and other charges herein to be paid by Tenant up 

  
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to the date thereof, shall terminate. For purposes of this Lease, “materially all of the Leased Premises” shall be considered as having been taken if the portion of the Leased Premises
taken, due either to the area so taken or the location of the portion taken, would leave the remaining portion not so taken insufficient to enable Tenant to effectively and economically conduct its business at the Leased Premises. If less than
materially all the Leased Premises are taken in appropriation proceedings or by right of eminent domain or by the threat thereof, then this Lease shall not terminate as a result of such taking, but Landlord shall promptly repair and restore the
Leased Premises to substantially the same condition as existed immediately before such taking. Until such repair and restoration are completed, rent shall be abated in the proportion of the number of square feet of improvements on the Leased
Premises of which Tenant is deprived bears to the total square feet of such improvements immediately prior to such taking. Thereafter, if the number of square feet of improvements is less than the total of the same prior to such taking, rent shall
be reduced in the proportion to which the number of square feet of improvements existing after such repair and restoration is less than the total of the same prior to such taking. 
 All damages awarded for any such taking shall belong to and be the property of Landlord, whether such damages shall be awarded as compensation for diminution in value to the leasehold or to the fee of the
Leased Premises, or otherwise, provided, however, that Tenant shall be entitled to any portion of the award made to Tenant for removal and reinstallation of Tenant’s fixtures or for the cost of Tenant’s immovable fixtures, if any.

  

	19.	Subordination 

 Tenant accepts this Lease
subject and subordinate to any mortgage, deed of trust or other lien presently existing or hereafter arising upon the Leased Premises, or upon the Building and to any renewals, refinancing and extensions thereof, on the condition that such mortgagor
or lienholder agrees that Tenant’s occupancy shall not be disturbed as long as Tenant is not in default of any of its obligations under this Lease. Tenant agrees that any such mortgagee shall have the right at any time to subordinate such
mortgage, deed of trust or other lien to this Lease on such terms and subject to such conditions as such mortgagee may deem appropriate in its discretion. Landlord is hereby irrevocably vested with full power and authority to subordinate this Lease
to any mortgage, deed of trust or other lien now existing or hereafter placed upon the Leased Premises or the Building, and Tenant agrees upon demand to execute such further instruments subordinating this Lease or attorning to the holder of any such
liens as Landlord may request. In the event that Tenant should fail to execute any instrument of subordination herein required to be executed by Tenant promptly as requested, Tenant hereby irrevocably constitutes Landlord as its attorney-in-fact to
execute such instrument in Tenant’s name, place and stead, it being agreed that such power is one coupled with an interest. 

  
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	20.	Estoppel Certificate 

 Tenant shall, at
Landlord’s request and upon not less than ten (10) days’ prior notice by Landlord, execute, acknowledge, and deliver to Landlord, or such other party as Landlord may specify, a statement in writing certifying that this Lease has not
been modified and is still in full force and effect (or if modified, that the same is in full force and effect as modified and stating the modifications), and the dates to which the rent and any other obligations to be paid hereunder by Tenant have
been paid, and stating whether or not, to the best of the knowledge of Tenant, Tenant or Landlord is in default in performance of any obligation hereunder, and if so, specifying each such default. 

 

	21.	Security Deposit 

 The Security Deposit
shall be held by Landlord without liability for interest and as security for the performance by Tenant of Tenant’s covenants and obligations under this Lease, it being expressly understood that the Security Deposit shall not be considered an
advance payment of rental or a measure of Landlord’s damages in case of default by Tenant. Unless otherwise provided by mandatory non-waivable law or regulation, Landlord may commingle the Security Deposit with Landlord’s other funds.
Landlord may, from time to time, without prejudice to any other remedy, use the Security Deposit to the extent necessary to make good any arrears of rent or to satisfy any other covenant or obligation of Tenant hereunder. Following any such
application of the Security Deposit, Tenant shall pay to Landlord on demand the amount so applied in order to restore the Security Deposit to its original amount. If Tenant is not in default at the termination of this Lease, the balance of the
Security Deposit remaining after any such application shall be returned by Landlord to Tenant. If Landlord transfers its interest in the Premises during the term of this Lease, Landlord may assign the Security Deposit to the transferee and
thereafter shall have no further liability for the return of such Security Deposit. 
  

	22.	Notices and Payment of Rent 

 Any payment
of rent, notice, exercise of option or election, communication, request or other document or demand required or desired to be given to Landlord or Tenant shall be in writing and shall be deemed given: 

 

	(a)	to Landlord when delivered personally to the managing partner of Landlord or when deposited in the United States mail, first-class, postage prepaid, addressed to
Landlord at its address set forth at the beginning hereof; and 

  

	(b)	to Tenant when delivered in person to an officer of Tenant or when deposited in the United States mail, first-class, postage prepaid, addressed to Tenant at its address
set forth at the beginning hereof. 

 Either party may, from time to time, change the address at which such written notices,
exercises of options or elections, communications, requests, or other documents or demands are to be mailed, by giving the other party written notice of such changed address. 

  
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	23.	Brokers 

 Not applicable. 

 

	24.	Non-Waiver and Right to Cure Defaults 

Neither a failure by Landlord to exercise any of its options hereunder, nor a failure to enforce its rights or seek its remedies upon any default, nor an
acceptance by Landlord of any rent accruing before or after any default, shall affect or constitute a waiver of Landlord’s right to exercise such option, to enforce such right, or to seek such remedy with respect to that default or to any prior
or subsequent default. The remedies provided in this Lease shall be cumulative and shall not in any way abridge, modify or preclude any other rights or remedies to which Landlord is entitled, either at law or in equity. If Tenant fails to pay by
their respective due dates all rents, charges or other obligations to be paid by it pursuant to the terms hereof, or fails to make necessary repairs to the Leased Premises, or fails to perform any other duties which it is required to perform
hereunder, then Landlord, at its option, may do so and the amount of any expenditure attributable to such action by Landlord, plus accrued interest at the rate of eight percent (8%) per annum from the time each such expenditure is made until
reimbursed, shall immediately become due and payable to Landlord and shall be considered additional rent hereunder; but no such payment or compliance by Landlord shall constitute a waiver of any such failure by Tenant or affect any right or remedy
of Landlord with respect thereto. 
  

	25.	Holding Over by Tenant 

 If Tenant shall
continue in possession of the Leased Premises beyond the termination of the Initial Term and any Renewal Term hereunder, such holding over shall be considered an extension of this Lease for a one-month period and so on, from month to month, until
terminated by either party by giving not less than thirty (30) days written notice of termination to the other. Such holding over shall be upon the same terms and conditions as are set forth in this Lease. 

 

	26.	Surrender of Premises 

 Upon termination
of this Lease, whether by lapse of time or otherwise, or upon the exercise by Landlord of the power to enter and repossess the Leased Premises without terminating this Lease, as hereinbefore provided, Tenant shall at once surrender possession of the
Leased Premises to Landlord in a condition and order of repair substantially similar to its original condition and order of repair upon the commencement of the lease term, reasonable wear and tear and damage by events of casualty excepted, and shall
at once remove all of Tenant’s personal property and trade fixtures from the Leased Premises. Upon any such termination, Tenant shall, as directed 

  
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by Landlord, either remodel any addition to the Premises constructed by Tenant, so as to facilitate use of such addition for office operations or remove such addition from the Leased Premises.
Any such remodeling or removal of any addition to the Leased Premises shall be made by Tenant at its sole cost and expense. If, upon any such termination, Tenant does not at once surrender possession of the Leased Premises and remove such of its
property as allowed by Landlord, Landlord may forthwith re-enter and repossess the same and remove all of Tenant’s property without being guilty of trespass or of forceful entry or detainer or without incurring any liability to Tenant for loss
or damage to Tenant’s property. Upon any such removal of Tenant’s property, it shall be considered to have been abandoned and may either be retained by Landlord as its property or may be disposed of at public or private sale as Landlord
sees fit. If any such property is either sold at public or private sale or retained by Landlord, the proceeds of any such sale or the then current fair market value of the property, as the case may be, shall be applied by Landlord against
Landlord’s expenses of removal, storage or sale of such property, the arrears of rent and other charges or future rent and other charges payable hereunder, and any other damages to which Landlord may be entitled hereunder. Tenant shall repair,
at its sole cost and expense, any damage to the Leased Premises resulting from the removal of its property as allowed hereunder. 
  

	27.	Memorandum of Lease 

 The parties hereto
contemplate that this Lease should not and shall not be filed for record, but in lieu thereof, at the request of either party, Landlord and Tenant shall execute a Memorandum of Lease to be recorded for the purpose of giving record notice of the
appropriate provisions of this Lease. 
  

	28.	Time of the Essence 

 Time is of the
essence in the performance and observance of each and every term, covenant and condition of this Lease by both Landlord and Tenant. 
  

	29.	Headings 

 The headings used in this Lease
are for convenience of the parties only and shall not be considered in interpreting the meaning of any provision of this Lease. 
  

	30.	Binding Effect 

 The provisions of this
Lease shall extend to and be binding upon Landlord and Tenant and their respective legal representatives, successors and assigns. 
  

	31.	Landlord’s Consent 

 Landlord shall
not unreasonably withhold or delay its consent with respect to any matter for which Landlord’s consent is required or desirable under this Lease. 

  
 - 13 -

	32.	Performance 

 If there is a default with
respect to any of Landlord’s covenants, warranties or representations under this Lease, and if the default continues more than fifteen (15) days after notice in writing from Tenant to Landlord specifying the default, Tenant may, at its
option and without affecting any other remedy hereunder, cure such default and deduct the cost thereof from the next accruing installment or installments of rent payable hereunder until Tenant shall have been fully reimbursed for such expenditures,
together with interest thereon at a rate equal to the lessor of twelve percent (12%) per annum or the then highest lawful rate. If this Lease terminates prior to Tenant’s receiving full reimbursement, Landlord shall pay the non-reimbursed
balance plus accrued interest to Tenant on demand. 
  

	33.	Compliance With Law 

 If any law,
ordinance, order, rule or regulation is passed or enacted by any governmental agency or department having jurisdiction over the Leased Premises or Tenant’s use of the same which requires Tenant to modify or alter its operations or use of the
Leased Premises, this Lease shall in no way be affected and Tenant shall, at its sole cost and expense, promptly comply with such law, ordinance, order, rule, or regulation. 

 

	34.	Entire Agreement 

 This Agreement is the
entire agreement between the parties with respect to the subject matter hereof, and terminates and supersedes all prior understandings or agreements. 
  

	35.	Amendments 

 No amendment to this Lease
shall be valid or binding unless such amendment is in writing and executed by the parties hereto. 
  

	36.	Governing Law 

 This Agreement shall be
governed, construed and interpreted by, through and under the Laws of the State of Ohio. 
  

	37.	Severability of Provisions 

 The
invalidity or unenforceability of any particular provision of this Lease shall not affect the other provisions hereof and this Lease shall be construed in all respects as if such invalid or unenforceable provision were omitted. 

 

	38.	Copy of Agreement 

 Tenant acknowledges
receipt of an executed copy of this Lease. 

  
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 IN WITNESS WHEREOF, the parties have executed this Lease as of the day and year first above written.

  

					
	LANDLORD: Jon Asian, LLC	 		 	TENANT: Edict Systems, Inc.
			
	By: /s/ Jason
Wadzinski                                        
            	 		 	By: /s/ Jason
Wadzinski                                        
    
			
	 Jason Wadzinski, CEO
	 		 	 Jason Wadzinski, CEO

			
	 Date: February 3, 2012
	 		 	 Date: February 3, 2012

	2434 Esquire Dr., Beavercreek, OH 45431	 		 	2434 Esquire Dr., Beavercreek, OH 45431
	Phone: (937) 429-4288	 		 	Phone: (937) 429-4288

  
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 Schedule “A” 

Description of Leased Premises 
 Situate in the City of Beavercreek, County of Greene, and State of Ohio, and being described as follows: 
 Being Lot Numbered Thirteen (13) of Kempton Square, Section Two (2), as the same is recorded in Plat Book 29, Pages 103 and 104, of the Plat Records of Greene County, Ohio, also knows as Plat Cabinet
34, pages 386B-387A, of the Plat Records of Greene County, Ohio. 
 Subject to all easements, conditions, restrictions and limitations of record
and all legal highways.

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