Document:

Exhibit 10.14

 

AMENDED AND RESTATED EMPLOYMENT AGREEMENT

This Amended and Restated Employment Agreement
(“Agreement”), effective May 15, 2018 (the “Effective Date”), is entered into by and between
Inpixon (the “Employer” or the “Company” or “Parent Company”) and Nadir Ali (the
“Employee” or “Executive”) and amends and restates in its entirety that certain Employment and Non-Competition
Agreement, dated as of July 1, 2010.

 

WITNESSETH:

WHEREAS, Employer desires to employ
Employee to serve as Chief Executive Officer of the Company, and Employee desires to be employed by Employer in such capacity pursuant
to the terms and conditions hereinafter set forth.

NOW THEREFORE, in consideration
of the foregoing and the mutual promises and covenants herein contained, it is agreed as follows:

 

1.                 
EMPLOYMENT: DUTIES AND RESPONSIBILITIES

Employer hereby employs Employee as Chief
Executive Officer of the Company. Employee shall perform those duties and hold those responsibilities that are usual and customary
for a Chief Executive Officer to perform and hold. Employee shall primarily perform his job duties at the Company’s offices
located in Palo Alto, California.

2.                 
FULL TIME EMPLOYMENT

Employee hereby accepts employment by
Employer, upon the terms and conditions contained herein, and agrees that during the term of this Agreement the Employee shall
devote substantially all of his business time, attention, and energies to the business of the Employer. Employee, during the term
of this Agreement, will not perform any services for any other business entity which conflicts with the business of Employer; provided,
however, that nothing herein contained shall be construed as (a) preventing Employee from investing his personal assets
in any business or businesses which do not compete directly or indirectly with the Employer, (b) preventing Employee from purchasing
securities in any corporation whose securities are regularly traded, if such purchases shall not result in his owning beneficially,
at any time, more than 10% of the equity securities of any corporation engaged in a business which is competitive, directly or
indirectly, to that of Employer, (c) preventing Employee from engaging in any other activities, if he receives the prior written
approval of the Company with respect to his engaging in such activities.

3.                 
RECORDS

In connection with his engagement hereunder,
Employee shall accurately maintain and preserve all notes and records generated by Employer, which relate to Employer and its business
and shall make all such reports, written if required, as Employer may reasonably require.

4.                 
TERM

Employee’s employment hereunder
shall be for a three (3) year period (the “Initial Term”), which shall commence May 15, 2018 (the “Start
Date”). Thereafter, this Agreement shall automatically be renewed for additional two (2) year periods (each a “Subsequent
Term”), unless such renewal is objected to by either the Company or the Executive upon 90 days written notice prior to
the commencement of the next Subsequent Term and subject to Section 14 hereof. In the event of renewal, the last day of each Subsequent
Term shall be deemed the new Expiration Date.

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5.                 
SALARY AND BONUS

As full compensation for the performance
of his duties on behalf of Employer, Employee shall be compensated as follows:

(i)                
Base Salary. During the Initial Term and Subsequent Term (if applicable), Employer shall pay Employee a base salary
at the rate of Two Hundred & Eighty Thousand Dollars ($280,000.00) per annum, payable semi-monthly (“Base Salary”).
The Base Salary shall be reviewed annually by or pursuant to authority granted by the Board in connection with its annual review
of executive compensation to determine if such Base Salary should be increased (but not decreased) for the following year in recognition
of services to the Company. The Base Salary shall be payable at such intervals in conformity with the Company’s prevailing
practice as such practice shall be established or modified from time to time.

(ii)              
Bonuses. In addition to Base Salary, Employee shall also be eligible for inclusion in any executive bonus pools,
discretionary performance bonuses for financings, acquisitions, material transactions or deferred compensation or commission plans
that the Company may establish in its sole discretion or the Compensation Committee or Board may approve in its sole discretion
provided however, that any bonuses, shall be subject to Section 14 hereof.

6.                 
EQUITY

(i)                
Stock Option Grant. Employee shall also be eligible to participate in the equity based incentive plans of the Company
and may receive awards thereunder, as determined by the Compensation Committee of the Company from time to time and subject to
the terms and conditions of such plans and any award agreement between the Company and Employee evidencing such awards. Notwithstanding
the foregoing, nothing in this Paragraph 6(i) shall be construed to extend the duration of this Agreement or Employee’s employment
by the Company beyond the expiration of the Subsequent Term.

(ii)              
Change of Control. In the event of a reorganization, merger or consolidation in which the Company is not the surviving
corporation, or sale of all or substantially all of the assets of the Company to another person or entity (each a “Material
Transaction”), the vesting of each outstanding stock option shall automatically be accelerated so that 100% of the unvested
shares covered by such award shall be fully vested upon the consummation of the Material Transaction.

A “Change of Control”
as used in this Section 6 shall mean any of the following:

(i)       any
consummation of a reorganization, consolidation, merger, statutory share exchange or similar transaction involving the Company
or any of its subsidiaries or sale of the Company in which the Company is not the continuing or surviving corporation or pursuant
to which shares of the Company’s stock would be converted into cash, securities or other property; or

(ii)the stockholders of the Company
approve an agreement for the sale, lease, exchange or other transfer (in one transaction or a series of related transactions)
of all or substantially all of the assets of the Company; or

(iii)any approval by the stockholders
of the Company of any plan or proposal for the liquidation or dissolution of the Company; or

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(iv)the acquisition of beneficial
ownership (within the meaning of Rule 13d-3 under the Exchange Act of an aggregate of 25% or more of either the then-outstanding
shares of common stock of the Company or of the voting power of the Company’s outstanding voting securities by any single
person or group (as such term is used in Rule 13d-5 under the Exchange Act), unless such acquisition was approved by the Board
of Directors prior to the consummation thereof); or

(v)individuals who, as of the date
hereof, constitute the Board of Directors of the Company (the “Incumbent Board”) cease for any reason to constitute
at least a majority of the Board of Directors; provided, however, that any individual becoming a director subsequent
to the date hereof whose election, or nomination for election, by the Company’s stockholders was approved by a vote of at
least a majority of the directors then comprising the Incumbent Board shall be considered as though such individual was a member
of the Incumbent Board, but excluding, for this purpose, any such individual whose initial assumption of office occurs as a result
of an actual or threatened election contest with respect to the election or removal of directors or other actual or threatened
solicitation of proxies or consents by or on behalf of a person other than the Board of Directors

(vi)the appointment of
a trustee in a Chapter 11 bankruptcy proceeding involving the Company or the conversion of such a proceeding into a case under
Chapter 7.

7.                 
BUSINESS EXPENSES

The Employer shall pay or reimburse the
Employee for all reasonable business expenses incurred by Employee in the performance of his duties hereunder including, but not
limited to, lodging and travel expenses relating to Company business, mobile phone and data usage, customer entertainment and certain
pre-approved home office expenses not paid directly by the Company. To the extent that Employee travels to the Company’s
Palo Alto, California office, the Company shall reimburse Employee for all reasonable travel, lodging and other out-of-pocket costs
resulting from such travel. Reimbursement for the foregoing expenses will be made in accordance with regular Company policy and
within a reasonable period following Employee’s presentation of the details of, and proof of, such expenses. The Company
shall make an additional Benefits Gross-Up Payment to Employee to the extent Employee incurs any tax liability related to payment
or reimbursement of said travel and living expenses. For purposes of this Agreement, “Benefits Gross-Up Payment” shall
mean an amount such that, after payment by Employee of all income and employment taxes (and any interest and/or penalties imposed
with respect to such taxes, other than interest or penalties imposed as a result of any wrongful act or omission by Employee) as
a result of Employee’s receipt of a specified benefit under this Agreement, including, any taxes (and any interest and/or
penalties imposed with respect thereto, other than interest or penalties imposed as a result of any wrongful act or omission by
Employee) imposed upon the Benefits Gross-Up Payment, Employee retains an amount of the Benefits Gross-Up Payment equal to all
such taxes imposed on Employee’s receipt of such benefits.

8.                 
FRINGE BENEFITS

(i)                
During the term of this Agreement, Employer shall provide medical, dental, and vision insurance coverage to Employee, his
spouse and his children, to the same extent, and on the same terms and conditions, it shall provide such coverage to other senior
management employees of the Company.

(ii)              
During the term of this Agreement, Employee shall be permitted to participate in the Company’s 401K Plan, to the same
extent, and on the same terms and conditions, other senior management employees of the Company shall be permitted to participate.

(iii)            
During the term of this Agreement, Employer shall provide to Employee four (4) weeks paid vacation days per year, which
shall accrue monthly from the Start Date and not subject to accrual limitations.

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(iv)            
During the term of this Agreement, Employer shall provide paid sick days to Employee, to the same extent, and on the same
terms and conditions, it shall provide such paid time off to other senior management employees of the Company.

(v)              
During the term of this Agreement, Employer shall provide housing allowance at a monthly amount determined by the Compensation
Committee but not lower than any amount in the prior year. The Employee shall also receive transportation allowance no less than
$1,000 per month based on Company policies or as determined by the Compensation Committee.

9.                 
SUBSIDIARIES

For the purposes of this Agreement all
references to business products, services and sales of Employer shall include those of Employer’s subsidiaries and/or affiliates.

10.             
INVENTIONS

All systems, inventions, discoveries,
apparatus, techniques, methods, know-how, formulae or improvements made, developed or conceived by Employee during Employee’s
employment by Employer, whenever or wherever made, developed or conceived, and whether or not during business hours, which constitute
an improvement, on those heretofore, now or at any time during Employee’s employment, developed, manufactured or used by
Employer in connection with the manufacture, process or marketing of any product heretofore or now or hereafter developed or distributed
by Employer, or any services to be performed by Employer or of any product which shall or could reasonably be manufactured or developed
or marketed in the reasonable expansion of Employer’s business, shall be and continue to remain Employer’s exclusive
property, without any added compensation to Employee, and upon the conception of any and every such invention, process, discovery
or improvement and without waiting to perfect or complete it, Employee promises and agrees that Employee will immediately disclose
it to Employer and to no one else and thenceforth will treat it as the property and secret of Employer.

Employee will also execute any instruments
requested from time to time by Employer to vest in it complete title and ownership to such invention, discovery or improvement
and will, at the request of Employer, do such acts and execute such instruments as Employer may require, but at Employer’s
expense to obtain Letters of Patent, trademarks or copyrights in the United States and foreign countries, for such invention,
discovery or improvement and for the purpose of vesting title thereto in Employer, all without any additional compensation of
any kind to Employee. Employer hereby notifies Employee that the provisions of this Section 10 do not apply to any inventions
for which no equipment, supplies, facilities or trade secret information of the Employer was used and which was developed entirely
on the Employee’s own time, unless (x) such invention relates to the past, actual or planned business or activities of the
Employer, including, without limitation, research and development or (y) such invention results in any way from any work performed
by the Employee for the Employer.

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11.             
CONFIDENTIAL INFORMATION AND TRADE SECRETS

(i)                
All Confidential Information shall be the sole property of Employer. Employee will not, during the period of his employment
for any reason, disclose to any person or entity or use or otherwise exploit for Employee’s own benefit or for the benefit
of any other person or entity any Confidential Information which is disclosed to Employee or which becomes known to Employee in
the course of his employment with Employer without the prior written consent of an officer of Employer except as may be necessary
and appropriate in the ordinary course of performing his duties to Employer during the period of his employment with Employer.
For purposes of this Section 11(i), “Confidential Information” shall mean any data or information belonging
to Employer, other than Trade Secrets, that is of value to Employer and is not generally known to competitors of Employer or to
the public, and is maintained as confidential by Employer, including but not limited to non-public information about Employer’s
clients, executives, key contractors and other contractors and information with respect to its products, designs, services, strategies,
pricing, processes, procedures, research, development, inventions, improvements, purchasing, accounting, engineering and marketing
(including any discussions or negotiations with any third parties). Notwithstanding the foregoing, no information will be deemed
to be Confidential Information unless such information is treated by Employer as confidential and shall not include any data or
information of Employer that has been voluntarily disclosed to the public by Employer (except where such public disclosure has
been made without the authorization of Employer), or that has been independently developed and disclosed by others, or that otherwise
enters the public domain through lawful means.

(ii)              
All Trade Secrets shall be the sole property of Employer. Employee agrees that during his employment with Employer and forever
after his termination, Employee will keep in confidence and trust and will not use or disclose any Trade Secret or anything relating
to any Trade Secret, or deliver any Trade Secret, to any person or entity outside Employer without the prior written consent of
the Board of Directors. For purposes of this Section 11(ii), “Trade Secrets” shall mean any scientific, technical
and non-technical data, information, formula, pattern, compilation, program, device, method, technique, drawing, process, financial
data, financial plan, product plan or list of actual or potential customers or vendors and suppliers of Employer or any portion
or part thereof, whether or not copyrightable or patentable, that is of value to Employer and is not generally known to competitors
of Employer or to the public, and whose confidentiality is maintained, including unpatented and un-copyrighted information relating
to Employer’s products, information concerning proposed new products or services, market feasibility studies, proposed or
existing marketing techniques or plans and customer consumption data, usage or load data, and any other information that constitutes
a trade secret as defined in the California Uniform Trade Secrets Act that appears at Sections 3426-3426.11 of the California Civil
Code, in each case to the extent that Employer, as the context requires, derives economic value, actual or potential, from such
information not being generally known to, and not being readily ascertainable by proper means by, other persons or entities who
can obtain economic value from its disclosure or use.

12.             
NON-SOLICITATION OF EMPLOYEES

During the term of Employee’s employment
and for six-months thereafter, Employee will not cause or attempt to cause any employee of Employer to cease working for Employer.
However, this obligation shall not affect any responsibility Employee may have as an employee of Employer with respect to the bona
fide hiring and firing of Employer’s personnel.

13.             
NON-SOLICITATION OF CUSTOMERS AND PROSPECTIVE CUSTOMERS

Employee will not, during the period
of his employment for any reason, directly or indirectly, solicit the business of any customer of Employer for the purpose of,
or with the intention of, selling or providing to such customer any product or service in competition with any product or service
sold or provided by Employer. For a period of six-months after the termination of Employee’s employment, Employee will not,
directly or indirectly, use any of the Employer’s Trade Secrets in order to induce any of the Employer’s customers
to cease doing business with Employer or to induce them to become the customer of any other person or entity.

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14.             
TERMINATION

The Company may not terminate the Executive’s
employment during any Term or Subsequent Term without Just Cause. Employee may be terminated for Just Cause or Employee may terminate
his employment as follows.

(a)               
Termination by Employer For Just Cause.

(i)                
Employer may terminate Employee’s employment hereunder for Just Cause (as defined below) at any time upon delivery
of written notice to Employee.

For purposes of this Agreement, the phrase
“Just Cause” means: (A) Employee’s fraud, gross malfeasance, gross negligence, or willful misconduct, with respect
to Employer’s business affairs; (B) Employee’s refusal or repeated failure to follow Employer’s established reasonable
and lawful policies; (C) Employee’s material breach of this Agreement; or (D) Employee’s conviction of a felony or
crime involving moral turpitude. A termination of Employee for Just Cause based on clause (A), (B) or (C) of the preceding sentence
will take effect thirty (30) days after Employer gives written notice of its intent to terminate Employee’s employment and
Employer’s description of the alleged cause, unless Employee, in the good-faith opinion of Employer, during such thirty (30)-day
period, remedies the events or circumstances constituting Just Cause. In connection with a determination of Cause, a majority of
the Board shall make such determination at a meeting of the Board called and held for such purpose (after reasonable notice to
Employee and an opportunity for Employee, together with counsel, to be heard before the Board).

(ii)              
If Employee’s employment hereunder is terminated by Employer for Just Cause, Employer will be required to pay to Employee
for six months of his Base Salary plus housing and transportation allowance; any and all accrued but unpaid commissions and bonuses
(including but not limited to annual bonuses; discretionary bonuses; performance bonuses; discretionary compensation; etc.) that
Employee otherwise would have received pursuant to Section 5 hereof and accrued but unused vacation pay that has been earned
through the date of termination and pay to Employee any unreimbursed business expenses and travel expenses that are reimbursable
under this Agreement that have been incurred by Employee, subject to the submission of any required documentation.

(b)              
Termination by Employee for Good Reason.

(i)                
 Employee may terminate his employment hereunder at any time for any reason other than a Good Reason, upon 30 days prior
written notice.

(ii)              
 Employee may terminate his employment hereunder for Good Reason by providing 30 days prior written notice. For purposes
of this Agreement, “Good Reason” means: (a) a material reduction in the Executive’s Base Salary; (b) a material
diminution in the Executive’s responsibilities as CEO of the Parent Company; (c) the assignment of duties to the Executive
materially inconsistent with his position as CEO; (d) the requirement that the Executive relocate his primary place of employment
more than 20 miles from Executive’s Office (unless such location is closer to the Executive’s primary residence); (e)
the Company’s material breach of this Agreement; provided that Good Reason based on a material breach shall exist only if
within 90 days of the Company’s act or omission resulting in a material breach, the Executive notifies the Company in a writing
of the act or omission, the Company fails to correct the act or omission within 30 days after receiving the Executive’s written
notice; or (f) following a Change of Control, Employee ceases to hold the position of Chief Executive Officer at either the ultimate
parent entity of the Company after a Change of Control, Employer shall: (1) continue to pay to Employee his Base Salary plus housing
and transportation allowance and commissions Employee would have otherwise received, subject to customary payroll practices and
withholdings, for twenty-four (24) months; (2) upon termination or resignation, pay to Employee the value of 2x of any and all
bonuses (including but not limited to annual bonuses; discretionary bonuses; performance bonuses; discretionary compensation; etc.)
that Employee otherwise would have potentially received pursuant to Section 5 hereof; (3) upon termination or resignation,
pay to Employee the value of any accrued but unpaid vacation time; (4) a lump sum payment equal to 24 months of COBRA premiums
based on the terms of Company’s group health plan and Executive’s coverage under such plan as of the date of Termination
(regardless of any COBRA election actually made by Executive or the actual COBRA coverage period under the Company’s group
health plan); (5) upon termination or resignation, pay to Employee any unreimbursed business expenses and travel expenses that
are reimbursable under this Agreement that have been incurred by Employee, subject to the submission of any required documentation
and (6) full vesting of the Employee in any and all previously granted outstanding equity-based incentive awards subject to time-based
vesting criteria.

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(c)               
Disability and Death.

Employee’s employment hereunder
will be terminated immediately upon (i) Employee’s “Disability” for a period exceeding three (3) months in any
twelve (12) month period, or (ii) Employee’s death. For purposes of this Agreement, “Disability” means Employee’s
incapacity due to any physical or mental illness or injury, as determined by a licensed health care provider, which renders Employee
unable to perform the essential functions of his position, even with reasonable accommodation(s). Employee warrants, represents
and agrees that holding open his position for a period in excess of those provided in this paragraph would not be a reasonable
accommodation and would impose an undue hardship on Employer. If Employee’s employment is terminated due to such Disability
or death, Employer will be required to pay to Employee or Employee’s estate, as the case may be, unrelated to any amounts
that Employee may receive pursuant to any short-term and long-term disability plans or life insurance plans (as applicable), only
his Base Salary plus housing and transportation allowance for twelve months; a pro-rata portion of the Executive’s Annual
Bonus pursuant to Section 5 hereof, if any, for the fiscal year in which the Employee’s termination occurs (determined
by multiplying the amount of such bonus which would be due for the full fiscal year by a fraction, the numerator of which is the
number of days during the fiscal year of termination that the Executive is employed by the Company and the denominator of which
is 365) payable at the same time bonuses for such year are paid to other senior executives of the Company; any accrued but unpaid
vacation pay earned through the date of termination, and to the extent required under the terms of any benefit plan or this Agreement,
the vested portion of any benefit under such plan; pay to Employee any unreimbursed business expenses and travel expenses that
are reimbursable under this Agreement that have been incurred by Employee, subject to the submission of any required documentation;
and a lump sum payment equal to 12 months of COBRA premiums based on the terms of Company’s group health plan and Executive’s
coverage under such plan as of the date of Termination (regardless of any COBRA election actually made by Executive or the actual
COBRA coverage period under the Company’s group health plan). Employee or Employee’s estate, as the case may be, will
not by operation of this provision forfeit any rights in which Employee is vested at the time of Employee’s Disability or
death.

(d)              
Effect of Termination on Officer and Board Positions. Any termination of the Executive with respect to the Executive’s
standing as an executive officer or Board Member must expressly designate which such role is subject to termination. The termination
of the Executive as an Officer will not thereby terminate the Executive’s Board status unless the termination so states,
in which event the Executive shall resign his Board position as a condition to receiving any of the payments set forth in this
Section 14.

(e)               
No Mitigation or Offset. In the event of any termination of Executive’s employment hereunder, Executive shall be under
no obligation to seek other employment or otherwise mitigate the obligations of the Company under this Agreement, and there shall
be no offset against any amounts due under this Agreement on account of any remuneration attributable to any subsequent employment
that Executive may obtain.

(f)               
D&O Insurance. At the request of the Executive, the Company obtain and continue for as long as Executive is employed
by the Company, directors’ and officers’ insurance coverage at levels no less than $5,000,000 with an insurance company
rated “A” or higher.

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15.             
ARBITRATION

(i)                
In the event that there shall be a dispute among the parties arising out of or relating to this Agreement, or the breach
thereof (a “Dispute”), the parties agree that such Dispute shall be resolved by final and binding arbitration
before a single arbitrator in Palo Alto, California (or within 25 miles thereof), administered by the American Arbitration Association
(the “AAA”), in accordance with AAA’s Employment ADR Rules then in effect. The arbitrator’s decision
shall be final and binding upon the parties, and may be entered and enforced in any court of competent jurisdiction by either of
the parties. The arbitrator shall have the power to grant temporary, preliminary and permanent relief, including without limitation,
injunctive relief and specific performance.

(ii)              
The Company and Employee shall each pay half of the direct costs and expenses of the arbitration, including arbitration
and arbitrator fees. Except as otherwise provided by statute, Employee and the Company are responsible for their respective attorneys’
fees incurred in connection with enforcing this Agreement. Employee and the Company agree that, to the extent permitted by law,
the arbitrator may, in his or her discretion, award reasonable attorneys’ fees to the prevailing party.

16.             
SECTION 409A COMPLIANCE

(i)                
This Agreement is intended to comply with the requirements of Section 409A of the Code and regulations promulgated thereunder
(“Section 409A”). To the extent that any provision in this Agreement is ambiguous as to its compliance with
Section 409A, the provision shall be read in such a manner so that no payments due under this Agreement shall be subject to an
“additional tax” as defined in Section 409A(a)(1)(B) of the Code. For purposes of Section 409A, each payment made under
this Agreement shall be treated as a separate payment. In no event may Employee, directly or indirectly, designate the calendar
year of payment. Notwithstanding anything contained herein to the contrary, Employee shall not be considered to have terminated
employment with Employer unless he would be considered to have incurred a “termination of employment” from Employer
within the meaning of Treasury Regulation §1.409A-1(h)(1)(ii).

(ii)              
Notwithstanding the foregoing, if necessary to comply with the restriction in Section 409A(a)(2)(B) of the Internal Revenue
Code of 1986, as amended (the “Code”) concerning payments to “specified employees,” any payment
on account of Employee’s separation from service that would otherwise be due hereunder within six months after such separation
shall nonetheless be delayed until the first business day of the seventh month following Employee’s date of termination and
the first such payment shall include the cumulative amount of any payments that would have been paid prior to such date if not
for such restriction, together with interest on such cumulative amount during the period of such restriction at a rate, per annum,
equal to the applicable federal short-term rate (compounded monthly) in effect under Section 1274(d) of the Code on the date of
termination. For purposes of Section 17 hereof, Employee shall be a “specified employee” for the 12-month period
beginning on the first day of the fourth month following each “Identification Date” if he is a “key employee”
(as defined in Section 416(i) of the Code without regard to Section 416(i)(5) thereof) of Employer at any time during the 12-month
period ending on the “Identification Date.” For purposes of the foregoing, the Identification Date shall be December
31.

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(iii)            
All reimbursements provided under this Agreement shall be made or provided in accordance with the requirements of Section
409A, including, where applicable, the requirement that (i) any reimbursement is for expenses incurred during Employee’s
lifetime (or during a shorter period of time specified in this Agreement), (ii) the amount of expenses eligible for reimbursement
during a calendar year may not affect the expenses eligible for reimbursement in any other calendar year, (iii) the reimbursement
of an eligible expense will be made on or before the last day of the calendar year following the year in which the expense is incurred,
and (iv) the right to reimbursement is not subject to liquidation or exchange for another benefit.

17.             
MISCELLANEOUS

(a)               
If any provision of this Agreement shall be declared, by a court of competent jurisdiction or arbitrator, to be invalid,
illegal or incapable of being enforced in whole or in part, the remaining conditions and provisions or portions thereof shall nevertheless
remain in full force and effect and enforceable to the extent they are valid, legal and enforceable, and no provision shall be
deemed dependent upon any covenant or provision so expressed herein.

(b)              
The parties hereto have made no agreements, representations or warranties relating to the subject matter of this Agreement,
which are not set forth herein. The provisions of this Agreement may not be amended, supplemented, waived, or changed orally, but
only in writing and signed by Employee and a duly authorized officer of the Company.

(c)               
The rights, benefits, duties and obligations under this Agreement shall inure to, and be binding upon, the Employer, its
successors and assigns, and upon the Employee and his legal representatives, heirs and legatees. This Agreement constitutes a personal
service agreement, and the performance of the Employee’s obligations hereunder may not be transferred or assigned by the
Employee.

(d)              
The failure of either party to insist upon the strict performance of any of the terms, conditions and provisions of this
Agreement shall not be construed as a waiver or relinquishment of future compliance therewith, and said terms, conditions and provisions
shall remain in full force and effect. No waiver of any term or condition of this Agreement, on the part of either party, shall
be effective for any purpose whatsoever unless such waiver is in writing and signed by such party.

(e)               
During the Term and through the second anniversary of the Termination Date, the Executive will not make public statements
or communications that disparage the Company or any of its businesses, services, products, affiliates or current, former or future
directors and executive officers in their capacity as such. During the Term and through the second anniversary of the Termination
Date, the Company will instruct its directors and executives not to make public statements or communications that disparage the
Executive. The foregoing obligations shall not be violated by truthful statements to any governmental agency or entity, required
governmental testimony or filings, or administrative or arbitral proceedings (including, without limitation, depositions in connection
with such proceedings).

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(f)               
Indemnification. During the Term and thereafter, the Company shall indemnify and hold the Executive and the Executive’s
heirs and representatives harmless, to the maximum extent permitted by law, against any and all damages, costs, liabilities, losses
and expenses (including reasonable attorneys’ fees) as a result of any claim or proceeding (whether civil, criminal, administrative
or investigative), or any threatened claim or proceeding (whether civil, criminal, administrative or investigative), against the
Executive that arises out of or relates to the Executive’s service as an officer, director or employee, as the case may be,
of the Company, or the Executive’s service in any such capacity or similar capacity with any affiliate of the Company or
other entity at the Company’s request, both prior to and after the Effective Date, and to promptly advance to the Executive
or the Executive’s heirs or representatives such expenses, including litigation costs and attorneys’ fees, upon written
request with appropriate documentation of such expense upon receipt of an undertaking by the Executive or on the Executive’s
behalf to repay such amount if it shall ultimately be determined that the Executive is not entitled to be indemnified by the Company.
During the Term and thereafter, the Company also shall provide the Executive with coverage under its then current directors’
and officers’ liability policy to the same extent that it provides such coverage to its other executive officers. If the
Executive has any knowledge of any actual or threatened action, suit or proceeding, whether civil, criminal, administrative or
investigative, as to which the Executive may request indemnity under this provision, the Executive will give the Company prompt
written notice thereof; provided that the failure to give such notice shall not affect the Executive’s right to indemnification.
The Company shall be entitled to assume the defense of any such proceeding and the Executive will use reasonable efforts to cooperate
with such defense. To the extent that the Executive in good faith determines that there is an actual or potential conflict of interest
between the Company and the Executive in connection with the defense of a proceeding, the Executive shall so notify the Company
and shall be entitled to separate representation at the Company’s expense by counsel selected by the Executive (provided
that the Company may reasonably object to the selection of counsel within 10 business days after notification thereof) which counsel
shall cooperate, and coordinate the defense, with the Company’s counsel and minimize the expense of such separate representation
to the extent consistent with the Executive’s separate defense. This Section shall continue in effect after the termination
of the Executive’s employment or the termination of this Agreement.

The validity, interpretation, construction,
and performance of this Agreement shall be governed by the laws of the State of California, without reference to its conflict-of-law
rules.

 

Signature Page
Follows

    10 

     

    

 

IN WITNESS WHEREOF, this employment agreement
is dated as of the 15th day of May 2018.

	 	 	On Behalf of Employer:
	 	 	 
	 	 	INPIXON
	 	 	 
	 	 	By:	/s/ Wendy Loundermon
	 	 	 	Wendy Loundermon, CFO
	 	 	 
	 	 	 
	 	 	 
	 	 	By:	/s/ Nadir Ali
	 	 	 	Nadir Ali, Employee/Executive
	 	 	 

    11EX-10.1

 Exhibit 10.1 

EXECUTION VERSION 

AMENDMENT NO. 8 

AMENDMENT NO. 8, dated as of May 15, 2018 (this “Amendment”), to the Loan Agreement dated as of April 29,
2016, as amended by Amendment No. 1, dated as of August 17, 2016, Amendment No. 2, dated as of September 22, 2016, Amendment No. 3, dated as of March 14, 2017, Amendment No. 4, dated as of March 23, 2017, Amendment
No. 5, dated as of November 8, 2017, Amendment No. 6, dated as of November 29, 2017 and Amendment No. 7, dated as of February 27, 2018 (as further amended, supplemented, amended and restated or otherwise modified from
time to time) (the “Loan Agreement”) among WESTERN DIGITAL CORPORATION, a Delaware corporation (the “Borrower”), each lender from time to time party thereto (collectively, the “Lenders” and
individually, a “Lender”), JPMORGAN CHASE BANK, N.A., as Administrative Agent (in such capacity, the “Administrative Agent”) and Collateral Agent and the other parties thereto. Capitalized terms used and not
otherwise defined herein shall have the meanings assigned to them in the Loan Agreement. 
 WHEREAS, Section 2.16 of the Loan Agreement
provides that the Borrower may, by written notice to the Administrative Agent, incur Refinancing Term Loans, the proceeds of which are used to refinance in whole or in part any Class of Term Loans pursuant to Section 2.8(c)(i) of the Loan
Agreement, by entering into Refinancing Amendments with Lenders willing to provide such Refinancing Term Loans; 
 WHEREAS, the Borrower
desires, pursuant to Section 2.16(a) of the Loan Agreement, to create a new Class of U.S. Term B-4 Loans (as defined herein) under the Loan Agreement having identical terms with and having the same
rights and obligations under the Loan Documents as, and in the same aggregate principal amount as, the U.S. Term B-3 Loans, as set forth in the Loan Agreement and Loan Documents, except as such terms are
amended hereby; 
 WHEREAS, each U.S. Term B-3 Lender that executes and delivers a consent
substantially in the form of Exhibit A hereto (a “Consent”) shall be deemed to have consented to this Amendment; 

WHEREAS, each Person that executes and delivers a joinder to this Amendment substantially in the form of Exhibit B (a
“Joinder”) as an Additional U.S. Term B-4 Lender will make U.S. Term B-4 Loans in the amount set forth on the signature page of such Person’s
Joinder on the effective date of this Amendment to the Borrower, the proceeds of which will be used by the Borrower to repay in full the outstanding principal amount of Non-Exchanged U.S. Term B-3 Loans (as defined herein); 
 WHEREAS, Merrill Lynch, Pierce, Fenner & Smith Incorporated
(“Merrill Lynch”), J.P. Morgan Securities LLC (“J.P. Morgan”), Mizuho Bank, Ltd. (“Mizuho”), RBC Capital Markets (“RBCCM”) and Wells Fargo Securities, LLC will act as joint lead
arrangers and joint bookrunners, Merrill Lynch, J.P. Morgan, Mizuho, RBCCM and Wells Fargo Bank, National Association will act as co-syndication agents, in each case, for the U.S. Term B-4 Facility (as defined below); 

 NOW, THEREFORE, in consideration of the premises and covenants contained herein and for other
good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto, intending to be legally bound hereby, agree as follows: 

Section 1. Amendments Relating to the U.S. Term B-4 Loans. 

Effective as of the Amendment No. 8 Effective Date (as defined below), the Loan Agreement is hereby amended as follows: 

(a) The following defined terms shall be added to Section 1.1 of the Loan Agreement in alphabetical order: 

“Additional U.S. Term B-4 Lender” means a Person with an Additional
U.S. Term B-4 Commitment to make Additional U.S. Term B-4 Loans to the Borrower on the Amendment No. 8 Effective Date. 

“Additional U.S. Term B-4 Loan” means a Loan that is made pursuant to
Section 2.1(d) of the Loan Agreement on the Amendment No. 8 Effective Date. 
 “Additional U.S. Term B-4 Commitment” means, with respect to an Additional U.S. Term B-4 Lender, the commitment of such Additional U.S. Term B-4
Lender to make an Additional U.S. Term B-4 Loan hereunder on the Amendment No. 8 Effective Date, in the amount set forth on the signature page of such Additional Term
B-4 Lender to the Amendment No. 8 Joinder. The aggregate amount of the Additional U.S. Term B-4 Commitments of all Additional U.S. Term B-4 Lenders shall equal the outstanding aggregate principal amount of Non-Exchanged U.S. Term B-3 Loans. 

“Amendment No. 8” means Amendment No. 8 to the Loan Agreement dated as of the
Amendment No. 8 Effective Date. 
 “Amendment No. 8 Effective Date” means
May 15, 2018, the date on which all conditions precedent set forth in Section 3 of Amendment No. 8 are satisfied. 

“Amendment No. 8 Joinder” means the Joinder Agreement dated as of the Amendment No. 8
Effective Date among the Borrower, the Administrative Agent and each Additional U.S. Term B-4 Lender. 

“Exchanged U.S. Term B-3 Loans” means each U.S. Term B-3 Loan extended on the Amendment No. 5 Effective Date (or portion thereof) and held by a Rollover U.S. Term B-3 Lender on the Amendment No. 8 Effective Date
immediately prior to the extension of credit hereunder on the Amendment No. 8 Effective Date and as to which the Rollover U.S. Term B-3 Lender thereof has consented to exchange into a U.S. Term B-4 Loan and the Administrative Agent has allocated into a U.S. Term B-4 Loan. 

“Non-Exchanged U.S. Term B-3
Loan” means each U.S. Term B-3 Loan extended on the Amendment No. 5 Effective Date (or portion thereof) other than an Exchanged U.S. Term B-3 Loan. 

  
 2 

 “Required U.S. Term B-4
Lenders” means, at any time, Lenders having U.S. Term B-4 Loans representing more than 50% of the sum of the total outstanding U.S. Term B-4 Loans at such time;
provided that U.S. Term B-4 Loans held or deemed held by any Defaulting Lender (so long as such Lender is a Defaulting Lender) or the Borrower or any of the Borrower’s Affiliates shall be excluded
for purposes of making a determination of Required U.S. Term B-4 Lenders. 

“Rollover U.S. Term B-3 Lender” means each U.S. Term B-3 Lender with a U.S. Term B-3 Loan extended on the Amendment No. 5 Effective Date that has consented to exchange such U.S. Term
B-3 Loan into a U.S. Term B-4 Loan, and that has been allocated such U.S. Term B-4 Loan by the Administrative Agent. 

“U.S. Term B-4 Facility” means the credit facility for the U.S. Term B-4 Loans described in Section 2.1(k) hereof. 
 “U.S. Term B-4 Lender” means a Lender with an outstanding U.S. Term B-4 Commitment or an outstanding U.S. Term B-4 Loan. 

“U.S. Term B-4 Loan” means an Additional U.S. Term B-4 Loan or a Loan that is deemed made pursuant to Section 2.1(k) hereof. 

“U.S. Term B-4 Commitment” means, with respect to a Lender, the
agreement of such Lender to exchange the entire principal amount of its U.S. Term B-3 Loans (or such lesser amount allocated to it by the Administrative Agent) for an equal principal amount of U.S. Term B-4 Loans on the Amendment No. 8 Effective Date. 
 “U.S. Term B-4 Loan Percentage” means, for any U.S. Term B-4 Lender, the percentage held by such U.S. Term B-4 Lender of the aggregate
principal amount of all U.S. Term B-4 Loans then outstanding. 
 “U.S. Term B-4 Note” is defined in Section 2.12(d) hereof. 
 “U.S. Term B-4 Termination Date” is defined in Section 2.7(b) hereof. 
 (b) All references to
“U.S. Term B-3 Facility,” “U.S. Term B-3 Lender,” “U.S. Term B-3 Loan,” “U.S. Term B-3 Loan Commitment,” “U.S. Term B-3 Loan Percentage,” “U.S. Term B-3 Note” and “U.S. Term B-3 Termination Date” in the Loan Agreement and the Loan Documents shall be deemed to be references to “U.S. Term B-4 Facility,” “U.S. Term B-4 Lender”, “U.S. Term B-4 Loan,” “U.S. Term B-4 Commitment,” “U.S. Term
B-4 Loan Percentage,” “U.S. Term B-4 Note” and “U.S. Term B-4 Termination Date,” respectively (other
than any such references contained in (i) the preliminary statements to the Loan Agreement, (ii) Amendment No. 8, (iii) Section 2.1(b) of the Loan Agreement, (iv) Section 2.10 of the Loan Agreement,
(v) Section 2.17 of the Loan Agreement, (vi) Section 3.2 of the Loan Agreement, (vii) Section 3.3 of the Loan Agreement and (viii) Section 6.10 of the Loan Agreement). 

  
 3 

 (c) Clause (a) of the definition of “Applicable Margin” in Section 1.1 of the
Loan Agreement is hereby amended by deleting such clause and replacing it with the following: 
 “(a) with respect to
any U.S. Term B-4 Loan, (i) 1.75% per annum, in the case of a Eurodollar Loan, and (ii) 0.75% per annum, in the case of a Base Rate Loan;” 

(d) The definition of “Loan Documents” in Section 1.1 of the Loan Agreement is hereby amended by replacing the word
“and” prior to “Amendment No. 7” with “,” and adding immediately prior to the period therein, “ and Amendment No. 8 and Amendment No. 8 Joinder”. 

(e) Section 2.1 of the Loan Agreement is hereby amended by making clause (k) thereof clause (l) and adding the following new clause
(k): 
 “(k) Subject to the terms and conditions set forth herein and in Amendment No. 8, each Rollover U.S. Term B-3 Lender severally agrees to exchange its Exchanged U.S. Term B-3 Loans for a like principal amount of U.S. Term B-4 Loans on the
Amendment No. 8 Effective Date. Subject to the terms and conditions set forth herein and in Amendment No. 8, each Additional U.S. Term B-4 Lender severally agrees to make an Additional U.S. Term B-4 Loan to the Borrower on the Amendment No. 8 Effective Date in the principal amount equal to its Additional U.S. Term B-4 Commitment on the Amendment No. 8
Effective Date. The Borrower shall prepay the Non-Exchanged U.S. Term B-3 Loans with a like amount of the gross proceeds of the Additional U.S. Term B-4 Loans, concurrently with the receipt thereof. The Borrower shall pay to the U.S. Term B-3 Lenders immediately prior to the effectiveness of Amendment No. 8 all
accrued and unpaid interest on the U.S. Term B-3 Loans to, but not including, the Amendment No. 8 Effective Date on such Amendment No. 8 Effective Date. The U.S. Term
B-4 Loans shall have the same terms as the U.S. Term B-3 Loans as set forth in the Loan Agreement and Loan Documents before giving effect to Amendment No. 8, except
as modified by Amendment No. 8; it being understood that the U.S. Term B-4 Loans (and all principal, interest and other amounts in respect thereof) will constitute “Obligations” under the Loan
Agreement and the other Loan Documents and shall have the same rights and obligations under the Loan Agreement and Loan Documents as the U.S. Term B-3 Loans prior to the Amendment No. 8 Effective Date. As
provided in Section 2.5(a) and subject to the terms hereof, the Borrower may elect that the U.S. Term B-4 Loans comprising the Borrowing hereunder of U.S. Term B-4
Loans be either Base Rate Loans or Eurodollar Loans.” 
 (f) Section 2.7(b) of the Loan Agreement is hereby amended by replacing it in
its entirety with the following: 
 “(b) Scheduled Payments of U.S. Term B-4 Loans.
Subject to Section 2.15, the Borrower shall make principal payments on the U.S. Term B-4 Loans in installments on each Fiscal Quarter End Date, commencing with the first fiscal

  
 4 

 
quarter ended after the Amendment No. 8 Effective Date, in an aggregate amount equal to 0.25% of the aggregate principal amount of the U.S. Term B-4
Loans made on the Amendment No. 8 Effective Date, in each case per fiscal quarter (which payments in each case shall be reduced as a result of the application of prepayments in accordance with the order of priority set forth in
Section 2.8(a), Section 2.8(c) and Section 2.8(e), as applicable); it being further agreed that a final payment comprised of all principal and interest not sooner paid on the U.S. Term B-4
Loans, shall be due and payable on April 29, 2023, the final maturity thereof (the “U.S. Term B-4 Termination Date”).” 

(g) Section 2.8(a)(iii) of the Loan Agreement is hereby amended by replacing it in its entirety with the following: 

“(v) In the event that, on or prior to the date that is six (6) months after the Amendment No. 8 Effective Date,
the Borrower (x) prepays, repays, refinances, substitutes or replaces any U.S. Term B-4 Loans in connection with a Repricing Transaction (including, for the avoidance of doubt, any prepayment made
pursuant to Section 2.8(c)(i) that constitutes a Repricing Transaction), or (y) effects any amendment, waiver or other modification of, or consent under, this Agreement resulting in a Repricing Transaction, the Borrower shall pay to the
Administrative Agent, for the ratable account of each of the applicable U.S. Term B-4 Lenders, (A) in the case of clause (x), a premium of 1.00% of the aggregate principal amount of the U.S. Term B-4 Loans so prepaid, repaid, refinanced, substituted or replaced and (B) in the case of clause (y), a fee equal to 1.00% of the aggregate principal amount of the U.S. Term
B-4 Loans outstanding immediately prior to such amendment, waiver, modification or consent that are the subject of such Repricing Transaction. If, on or prior to the date that is six (6) months after the
Amendment No. 8 Effective Date, all or any portion of the U.S. Term B-4 Loans held by any U.S. Term B-4 Lender are prepaid, repaid, refinanced, substituted or
replaced pursuant to Section 8.5 as a result of, or in connection with, such U.S. Term B-4 Lender being a Non-Consenting Lender with respect to any amendment,
waiver, modification or consent referred to in clause (y) above (or otherwise in connection with a Repricing Transaction), such prepayment, repayment, refinancing, substitution or replacement will be made at 101% of the principal amount so
prepaid, repaid, refinanced, substituted or replaced. All such amounts shall be due and payable on the date of effectiveness of such Repricing Transaction.” 

(h) Section 2.10 of the Loan Agreement is hereby amended by adding the following sentence after the fourth sentence in such section: 

“The U.S. Term B-4 Commitments and Additional U.S. Term
B-4 Commitments shall automatically terminate upon the making, conversion or continuance, as applicable, of the U.S. Term B-4 Loans on the Amendment No. 8 Effective
Date.” 

  
 5 

 (i) The first sentence in Section 2.12(d) of the Loan Agreement is hereby amended by
replacing it in its entirety with the following: 
 “Any Lender may request that its Loans be evidenced by a promissory note or notes in
the forms of Exhibit D-1 (in the case of its Term A-1 Loan and referred to herein as a “Term A-1 Note”),
Exhibit D-2 (in the case of its U.S. Term B-4 Loan and referred to herein as a “U.S. Term B-4 Note”),
Exhibit D-4 (in the case of its Revolving Loans and referred to herein as a “Revolving Note”), as applicable (the Term A-1 Notes, U.S. Term B-4 Notes and Revolving Notes being hereinafter referred to collectively as the “Notes” and individually as a “Note”).” 

(j) Section 8.3 of the Loan Agreement is hereby amended by adding the following as a new clause (c): 

“(c) With respect to U.S. Term B-4 Loans, if at any time the Administrative Agent
determines (which determination shall be conclusive absent manifest error) that (i) the circumstances set forth in clause (a)(i) have arisen and such circumstances are unlikely to be temporary or (ii) the circumstances set forth in
clause (a)(i) have not arisen but the supervisor for the administrator of LIBOR Screen Rate or a Governmental Authority having jurisdiction over the Administrative Agent has made a public statement identifying a specific date after which the
LIBOR Screen Rate shall no longer be used for determining interest rates for loans, then the Administrative Agent and the Borrower shall endeavor to establish an alternate rate of interest to Adjusted LIBOR that gives due consideration to the then
prevailing market convention for determining a rate of interest for syndicated loans in the United States at such time, and shall enter into an amendment to this Agreement to reflect such alternate rate of interest and such other related changes to
this Agreement as may be applicable. Notwithstanding anything to the contrary in Section 10.11, such amendment shall become effective without any further action or consent of any other party to this Agreement so long as the Administrative
Agent shall not have received, within five (5) Business Days of the date of the notice of such alternate rate of interest is provided to the Lenders, a written notice from the Required U.S. Term B-4
Lenders stating that such Required U.S. Term B-4 Lenders object to such amendment; provided that, to the extent such written notice is received from the Required U.S. Term
B-4 Lenders within such time period, only the consent of the Required U.S. Term-4 B Lenders shall be necessary to amend this Agreement to reflect an alternate rate of
interest to the LIBOR Screen Rate, and such other related changes to this Agreement as may be applicable. Until an alternate rate of interest shall be determined in accordance with this clause (c) (but, in the case of the circumstances
described in clause (ii) of the first sentence of this Section 8.3(c), only to the extent the LIBOR Screen Rate for such Interest Period is not available or published at such time on a current basis), (x) any notice of
continuation/conversion that requests the conversion of any Loan to, or continuation of any Loan as, a Eurodollar Loan shall be ineffective and (y) if any notice of Borrowing requests a Eurodollar Loan, such Loan shall be made as a Base Rate
Loan; provided that, if such alternate rate of interest shall be less than zero, such rate shall be deemed to be zero for the purposes of this Agreement.” 

(k) Exhibit D-2 to the Loan Agreement is hereby amended and restated in its entirety in the form of
Annex A hereto. 

  
 6 

 (l) Section 6.10 of the Loan Agreement is hereby amended by adding the following immediately
after the fourth sentence thereof: 
 “The Borrower shall use the proceeds of the U.S. Term B-4 Loans on the Amendment No. 8 Effective Date to refinance the U.S. Term B-3 Loans.” 

(m) Each Lender delivering a Consent or a Joinder hereunder waives, any right to compensation for losses, expenses or liabilities incurred by
such Lender to which it may otherwise be entitled pursuant to Section 8.1 of the Loan Agreement in respect of the transactions contemplated hereby. 

Section 2. Representations and Warranties. 

Each Loan Party represents and warrants to the Lenders as of the Amendment No. 8 Effective Date that: 

(a) Immediately before and after giving effect to this Amendment, each of the representations and warranties set forth in the Loan Agreement
and in the other Loan Documents shall be and remain true and correct in all material respects (or, if qualified as to “materiality,” “material adverse effect” or similar language, shall be true and correct in all respects (after
giving effect to any such qualification therein)) as of said time, except to the extent the same expressly relate to an earlier date. 
 (b)
At the time of and after giving effect to this Amendment, no Default or Event of Default shall have occurred and be continuing. 

Section 3. Conditions to Effectiveness. 

This Amendment shall become effective on the date on which each of the following conditions is satisfied (the “Amendment
No. 8 Effective Date”): 
 (a) The Administrative Agent’s receipt of the following, each of which shall be
originals or facsimiles or electronic copies (and, to the extent requested by the Administrative Agent, followed promptly by originals) unless otherwise specified: 

(1) counterparts of this Amendment executed by each of the Loan Parties; and 

(2) a U.S. Term B-4 Note executed by the Borrower in favor of each U.S. Term B-4 Lender requesting a U.S. Term B-4 Note at least two (2) Business Days prior to the Amendment No. 8 Effective Date, if any. 

(b) The Administrative Agent’s receipt of the following, each of which shall be originals or facsimiles or electronic copies (and, to the
extent requested by the Administrative Agent, followed promptly by originals) unless otherwise specified; 

  
 7 

 (1) (A) a favorable written opinion (addressed to the Administrative Agent and
the Lenders) of Cleary Gottlieb Steen & Hamilton LLP, special counsel to the Loan Parties and (B) a favorable written opinion (addressed to the Administrative Agent and the Lenders) of Young Conaway Stargatt & Taylor, LLP,
local counsel to the Borrower and the Guarantors in the state of Delaware; 
 (2) (i) copies of the certificate of formation,
certificate of incorporation, certificate of organization, operating agreement, articles of incorporation, memorandum and articles of association and bylaws, as applicable (or comparable organizational documents) of the Borrower and the Guarantors
and, to the extent applicable, certified as of a recent date by the appropriate governmental official (or a representation that such documents have not been amended since the Escrow Release Date); (ii) incumbency certificates of the officers of such
Person executing the Loan Documents to which it is a party as of the Amendment No. 8 Effective Date and prior to the funding of the U.S. Term B-4 Loans; (iii) resolutions of the board of directors or
similar governing body of the Loan Parties approving and authorizing the execution, delivery and performance of this Agreement and the other Loan Documents to which such Loan Party is a party as of the Amendment No. 8 Effective Date and prior
to the funding of the U.S. Term B-4 Loans, certified as of the Amendment No. 8 Effective Date by such Loan Party as being in full force and effect without modification or amendment; and (iv) copies
of the certificates of good standing or the equivalent (if any) for each Loan Party from the office of the secretary of state or other appropriate governmental department or agency of the state of its formation, incorporation or organization, in
each case dated a recent date prior to the Amendment No. 8 Effective Date; and 
 (3) a certificate signed by a
Responsible Officer of the Borrower certifying as to the satisfaction of the conditions set forth in Section 2.16(a)(v) of the Loan Agreement with respect to the U.S. Term B-4 Loans and in paragraphs
(g) and (h) of this Section 3 as of the Amendment No. 8 Effective Date. 
 (c) the existing U.S. Term B-3 Loans shall be repaid with the proceeds of the U.S. Term B-4 Loans substantially simultaneously with effectiveness of this Amendment and the Borrower shall have delivered
a prepayment notice with respect to such repayment as required by Section 2.8(a)(i) of the Loan Agreement; provided that the parties hereto agree that such prepayment notice may be delivered by 1:00 p.m., New York City time, one Business
Day before the date of the proposed repayment. 
 (d) The aggregate principal amount of the Exchanged U.S. Term B-3 Loans plus the aggregate principal amount of the Additional U.S. Term B-4 Commitments shall equal the aggregate principal amount of the outstanding U.S. Term B-3 Loans immediately prior to the Amendment No. 8 Effective Date. 

  
 8 

 (e) The Borrower shall have paid to the Administrative Agent, for the ratable account of the U.S.
Term B-3 Lenders immediately prior to the Amendment No. 8 Effective Date, all accrued and unpaid interest on the U.S. Term B-3 Loans to, but not including, the
Amendment No. 8 Effective Date. 
 (f) All reasonable and documented
out-of-pocket fees and expenses due to the Administrative Agent and Merrill Lynch required to be paid on the Amendment No. 8 Effective Date (including pursuant to
Section 9 hereof) shall have been paid (or the Borrower shall have made arrangements reasonably satisfactory to the Administrative Agent for such payment). 

(g) At the time and immediately after giving effect to the incurrence of the U.S. Term B-4 Loans, no
Default or Event of Default shall have occurred and be continuing. 
 (h) Each of the representations and warranties of the Loan Parties set
forth in the Loan Agreement, Section 2 of this Amendment and in the other Loan Documents shall be and remain true and correct in all material respects (or, if qualified as to “materiality,” “material adverse effect” or
similar language, shall be true and correct in all respects (after giving effect to any such qualification therein)) as of the Amendment No. 8 Effective Date, except to the extent the same expressly relate to an earlier date. 

(i) The Administrative Agent shall have received, no later than 3 Business Days in advance of the Amendment No. 8 Effective Date, all
documentation and other information about the Loan Parties as shall have been reasonably requested in writing at least seven (7) Business Days prior to the Amendment No. 8 Effective Date by the U.S. Term
B-4 Lenders through the Administrative Agent that is required by regulatory authorities under applicable “know your customer” and anti-money laundering rules and regulations, including without
limitation the Patriot Act. 
 (j) The Administrative Agent shall have received the Notice of Borrowing required by Section 2.5 of the
Loan Agreement; provided that the parties hereto agree that (i) any Notice of Borrowing in respect of the U.S. Term B-4 Loans requested under this Amendment may be delivered by 1:00 p.m., New York
City time, one Business Day before the date of the proposed Borrowing for such U.S. Term B-4 Loans and (ii) the Notice of Borrowing in respect of such U.S. Term B-4
Loans may be made conditional on the effectiveness of this Amendment. 
 (k) The Administrative Agent shall have received the executed
counterparts of the Joinder executed by the Borrower and each Additional U.S. Term B-4 Lender. 

(l) The Administrative Agent shall have received a completed
“Life-of-Loan” Federal Emergency Management Agency standard flood hazard determination with respect to each Mortgaged Property (together with a notice about
special flood hazard area status and flood disaster assistance duly executed by the Borrower and each other Loan Party relating thereto). 
 The
Administrative Agent shall notify the Borrower and the Lenders of the Amendment No. 8 Effective Date and such notice shall be conclusive and binding. Notwithstanding the foregoing, the amendments effected hereby shall not become effective, the
obligations of the Additional U.S. Term B-4 Lenders to make Additional U.S. Term B-4 Loans will automatically terminate, if each of the conditions set forth or referred
to in this Section 3 has not been satisfied at or prior to 5:00 p.m., New York City time, on May 15, 2018. 

  
 9 

 Section 4. Formal Requests Deemed Made. 

By its execution of this Amendment, the Borrower hereby delivers and the Administrative Agent hereby acknowledges receipt of this Amendment as
the satisfaction of the requirements to give notice required to the Administrative Agent pursuant to Section 2.16(a) of the Loan Agreement. 

Section 5. Acknowledgments. 

Each Loan Party hereby expressly acknowledges the terms of this Amendment and reaffirms, as of the date hereof, (i) the covenants and
agreements contained in each Loan Document to which it is a party, including, in each case, such covenants and agreements as in effect immediately after giving effect to this Amendment and the transactions contemplated hereby, (ii) its
guarantee of the Obligations (including, without limitation, the U.S. Term B-4 Loans) pursuant to the Collateral Documents and (iii) its grant of Liens on the Collateral to secure the Obligations
(including, without limitation, the Obligations with respect to the U.S. Term B-4 Loans) pursuant to the Collateral Documents. 

Section 6. Liens Unimpaired. 

After giving effect to this Amendment, neither the modification of the Loan Agreement effected pursuant to this Amendment nor the execution,
delivery, performance or effectiveness of this Amendment: 
 (a) impairs the validity, effectiveness or priority of the Liens granted
pursuant to any Loan Document (including, for the avoidance of doubt, any Cayman Islands law governed share mortgage granted by any Loan Party), and such Liens continue unimpaired with the same priority to secure repayment of all Obligations,
whether heretofore or hereafter incurred; or 
 (b) requires that any new filings be made or other action taken to perfect or to maintain
the perfection of such Liens. 
 Section 7. Entire Agreement.  

This Amendment, the Loan Agreement and the other Loan Documents constitute the entire agreement among the parties hereto with respect to the
subject matter hereof and thereof and supersede all other prior agreements and understandings, both written and verbal, among the parties hereto with respect to the subject matter hereof. Except as expressly set forth herein, this Amendment and the
Loan Agreement shall not by implication or otherwise limit, impair, constitute a waiver of, or otherwise affect the rights and remedies of any party under, the Loan Agreement, nor alter, modify, amend or in any way affect any of the terms,
conditions, obligations, covenants or agreements contained in the Loan Agreement, all of which are ratified and affirmed in all respects and shall continue in full force and effect. This Amendment shall not constitute a novation of the Loan
Agreement or any of the Loan Documents. It is understood and agreed that each reference in each Loan Document to the “Loan Agreement,” whether direct or indirect, shall hereafter be deemed to be a reference to the Loan Agreement as amended
by this Amendment and that this Amendment is a “Loan Document” and a “Refinancing Amendment.” 

  
 10 

 Section 8. Amendment, Modification and Waiver. 

This Amendment may not be amended, modified or waived except pursuant to a writing signed by each of the parties hereto. 

Section 9. Expenses. 

The Borrower agrees to reimburse the Administrative Agent for its reasonable and documented out-of-pocket expenses incurred by them in connection with this Amendment, including the reasonable and documented fees, charges and disbursements of Cahill Gordon & Reindel LLP,
counsel for the Administrative Agent. 
 Section 10. Counterparts. 

This Amendment may be executed in any number of counterparts and by different parties hereto on separate counterparts, each of which when so
executed and delivered shall be deemed to be an original, but all of which when taken together shall constitute a single instrument. Delivery of an executed counterpart of a signature page of this Amendment by facsimile transmission or electronic
transmission shall be effective as delivery of a manually executed counterpart hereof. 
 Section 11. Governing Law and Waiver of
Right to Trial by Jury. 
 THIS AMENDMENT AND ANY CLAIM, CONTROVERSY OR DISPUTE ARISING UNDER OR RELATED TO THIS AMENDMENT AND
THE RIGHTS AND OBLIGATIONS OF THE PARTIES UNDER THIS AMENDMENT SHALL BE GOVERNED BY, AND CONSTRUED AND INTERPRETED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK. SECTION 10.22 OF THE LOAN AGREEMENT IS HEREBY INCORPORATED BY REFERENCE INTO
THIS AMENDMENT AND SHALL APPLY HERETO. 
 Section 12. Headings. 

The headings of this Amendment are for purposes of reference only and shall not limit or otherwise affect the meaning hereof. 

Section 13. Effect of Amendment. 

Except as expressly set forth herein, this Amendment shall not by implication or otherwise limit, impair, constitute a waiver of or otherwise
affect the rights and remedies of the Lenders or the Administrative Agent under the Loan Agreement or any other Loan Document, and shall not alter, modify, amend or in any way affect any of the terms, conditions, obligations, covenants or agreements
contained in the Loan Agreement or any other provision of the Loan Agreement or any other Loan Document, all of which are ratified and affirmed in all respects and shall continue in full force and effect. 

  
 11 

 Section 14. Mortgage Amendments. 

Within one hundred fifty (150) days after the Amendment No. 8 Effective Date, unless waived or extended by the Administrative Agent
in its sole discretion, with respect to each Mortgaged Property, the Administrative Agent shall have received either the items listed in paragraph (a) or the items listed in paragraph (b) as follows: 

(a) a favorable opinion or email confirmation, in form and substance reasonably satisfactory to the Administrative Agent, from
local counsel in the jurisdiction in which each Mortgaged Property is located substantially to the effect that: 
 (i) the
recording of the existing Mortgage is the only filing or recording necessary to give constructive notice to third parties of the lien created by such Mortgage as security for the Obligations, including the Obligations evidenced by the Loan Agreement
and the other documents executed in connection therewith, for the benefit of the Secured Parties; and 
 (ii) no other
documents, instruments, filings, recordings, re-recordings, re-filings or other actions, including, without limitation, the payment of any mortgage recording taxes or
similar taxes, are necessary or appropriate under applicable law in order to maintain the continued enforceability, validity or priority of the lien created by such Mortgage as security for the Obligations, including the Obligations evidenced by the
Loan Agreement and the other documents executed in connection therewith, for the benefit of the Secured Parties; or 
 (b)
with respect to the existing Mortgages, the following, in each case in form and substance reasonably acceptable to the Administrative Agent: 

(i) an amendment to the existing Mortgage (the “Mortgage Amendment”) to reflect the matters set forth in this
Amendment, duly executed and acknowledged by the applicable Loan Party, and in form for recording in the recording office where such Mortgage was recorded, together with such certificates, affidavits, questionnaires or returns as shall be required
in connection with the recording or filing thereof under applicable law; 
 (ii) a favorable opinion, addressed to the
Administrative Agent and the Secured Parties covering, among other things, the due authorization, execution, delivery and enforceability of the applicable Mortgage as amended by the Mortgage Amendment (such opinion may take assumptions for any
matters addressed in the local counsel opinion originally delivered in connection with the Mortgage); 
 (iii) a date down
endorsement to the existing title policy, which shall be in form and substance reasonably satisfactory to the Administrative Agent and reasonably assure the Administrative Agent as of the date of such endorsement that the real property subject to
the lien of such Mortgage is free and clear of all defects and encumbrances except those Liens permitted under such Mortgage; 

  
 12 

 (iv) evidence of payment by the Borrower of all search and examination charges
escrow charges and related charges, mortgage recording taxes, fees, charges, costs and expenses required for the recording of the Mortgage Amendment referred to above; and 

(v) such affidavits, certificates, information and instruments of indemnification as shall be required to induce the title
insurance company to issue the endorsement to the title policy contemplated in this Section 14 and evidence of payment of all applicable title insurance premiums, search and examination charges, mortgage recording taxes and related charges
required for the issuance of the endorsement to the title policy contemplated in this Section 14. 

  
 13 

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

			
	WESTERN DIGITAL CORPORATION
		
	By:	 	 /s/ Mark Long

		 	Name: Mark Long
		 	 Title:   President WD Capital, Chief Strategy

            Officer and Chief Financial Officer

 [SIGNATURE PAGE TO AMENDMENT NO. 8] 

 
			
	HGST, INC.
		
	By:	 	 /s/ Michael C. Ray

		 	Name: Michael C. Ray
		 	Title:   President and Secretary
	
	WD MEDIA, LLC
		
	By:	 	 /s/ Michael C. Ray

		 	Name: Michael C. Ray
		 	Title:   Secretary
	
	WESTERN DIGITAL (FREMONT), LLC
		
	By:	 	 /s/ Michael C. Ray

		 	Name: Michael C. Ray
		 	Title:   Vice President and Secretary
	
	WESTERN DIGITAL TECHNOLOGIES, INC.
		
	By:	 	 /s/ Michael C. Ray

		 	Name: Michael C. Ray
		 	 Title:   Executive Vice President, Chief

            Legal Officer and Secretary

 [SIGNATURE PAGE TO AMENDMENT NO. 8] 

 
			
	JPMORGAN CHASE BANK, N.A., as     Administrative Agent
		
	By:	 	 /s/ Caitlin Stewart

		 	Name: Caitlin Stewart
		 	Title:   Executive Director

 [SIGNATURE PAGE TO AMENDMENT NO. 8] 

 EXHIBIT A 

CONSENT TO AMENDMENT NO. 8 
 CONSENT (this
“Consent”) to Amendment No. 8 (“Amendment”) to that certain Loan Agreement, dated as of April 29, 2016 (as extended, renewed, amended, restated, amended and restated, supplemented or otherwise modified
from time to time, the “Loan Agreement”), by and among Western Digital Corporation (the “Borrower”), JPMorgan Chase Bank, N.A., as Administrative Agent (the “Administrative Agent”), the Lenders from
time to time party thereto and the other parties thereto. Unless otherwise defined herein, terms defined in the Loan Agreement and used herein shall have the meanings given to them in the Amendment. 

Existing U.S. Term B-3 Lenders 

☐ Consent and Cashless Settlement: The undersigned U.S. Term B-3 Lender hereby irrevocably and
unconditionally consents to convert 100% of the outstanding principal amount of the U.S. Term B-3 Loan held by such U.S. Term B-3 Lender (or such lesser amount allocated
to such Lender by the Administrative Agent) into a U.S. Term B-4 Loan in a like principal amount via a cashless roll. 

☐ Consent and Reallocate: The undersigned U.S. Term B-3 Lender hereby irrevocably and unconditionally
consents to have 100% of the outstanding principal amount of the U.S. Term B-3 Loans held by such U.S. Term B-3 Lender repaid on the Amendment No. 8 Effective Date
and subsequently purchase by way of assignment U.S. Term B-4 Loans in an aggregate principal amount equal to the aggregate principal amount of its U.S. Term B-3 Loans
(or such lesser amount allocated to such Lender by the Administrative Agent). 
 IN WITNESS WHEREOF, the undersigned has caused this Consent to be executed
and delivered by a duly authorized officer. 
  

			
	Date:     , 2018
		
		 	                                      
                                      ,
		 	as a Lender (type name of the legal entity)

  

			
		
	By:	 	  

		 	Name:
		 	Title:

  

			
	If a second signature is necessary:
		
	By:	 	  

		 	Name:
		 	Title:

 EXHIBIT B 

JOINDER AGREEMENT 

JOINDER AGREEMENT, dated as of May 15, 2018 (this “Agreement”), by and among BANK OF AMERICA, N.A. (the “U.S.
Term B-4 Lender”), Western Digital Corporation (the “Borrower”), and JPMORGAN CHASE BANK, N.A. (the “Administrative Agent”). 

RECITALS: 
 WHEREAS,
reference is hereby made to the Loan Agreement, dated as of April 29, 2016, as amended by Amendment No. 1, dated as of August 17, 2016, Amendment No. 2, dated as of September 22, 2016, Amendment No. 3, dated as of
March 14, 2017, Amendment No. 4, dated as of March 23, 2017, Amendment No. 5, dated as of November 8, 2017, Amendment No. 6, dated as of November 29, 2017 and Amendment No. 7, dated as of February 27,
2018 (as further amended, restated, extended, supplemented or otherwise modified in writing from time to time, the “Loan Agreement”), among the Borrower, each lender from time to time party thereto, JPMorgan Chase Bank, N.A., as
Administrative Agent and the other parties thereto (capitalized terms used but not defined herein having the meaning provided in the Loan Agreement (as amended by Amendment No. 8)); 

WHEREAS, subject to the terms and conditions of the Loan Agreement, the Borrower may establish the Additional U.S. Term B-4 Commitment with existing U.S. Term B-3 Lenders and/or Additional U.S. Term B-4 Lenders; and 

WHEREAS, subject to the terms and conditions of Amendment No. 8, Additional U.S. Term B-4 Lenders
shall become Lenders pursuant to one or more Joinders (as defined in Amendment No. 8); 
 NOW, THEREFORE, in consideration of the
premises and agreements, provisions and covenants herein contained, the parties hereto agree as follows: 
 Each Additional U.S. Term B-4 Lender hereby agrees to provide the Additional U.S. Term B-4 Commitment set forth on its signature page hereto pursuant to and in accordance with Section 2.1(k) of
the Loan Agreement. The Additional U.S. Term B-4 Commitment provided pursuant to this Agreement shall be subject to all of the terms in the Loan Agreement and to the conditions set forth in the Loan Agreement,
and shall be entitled to all the benefits afforded by the Loan Agreement and the other Loan Documents, and shall, without limiting the foregoing, benefit equally and ratably from the Guaranty and security interests created by the Collateral
Documents. 
 Each Additional U.S. Term B-4 Lender, the Borrower and the Administrative Agent
acknowledge and agree that the Additional U.S. Term B-4 Commitment provided pursuant to this Agreement shall constitute Additional U.S. Term B-4 Commitments for all
purposes of the Loan Agreement and the other applicable Loan Documents. Each Additional U.S. Term 

 
B-4 Lender hereby agrees to make an Additional U.S. Term B-4 Loan to the Borrower in an amount equal to its
Additional U.S. Term B-4 Commitment on the Amendment No. 8 Effective Date in accordance with Section 2.1(k) of the Loan Agreement. 

Each Additional U.S. Term B-4 Lender (i) confirms that it has received a copy of the Loan
Agreement and the other Loan Documents, together with copies of the financial statements referred to therein and such other documents and information as it has deemed appropriate to make its own credit analysis and decision to enter into this
Agreement; (ii) agrees that it will, independently and without reliance upon the Administrative Agent, the Joint Lead Arrangers or any other Additional U.S. Term B-4 Lender or any other Lender and based
on such documents and information as it shall deem appropriate at the time, continue to make its own credit decisions in taking or not taking action under the Loan Agreement; (iii) appoints and authorizes the Administrative Agent to take such
action as agent on its behalf and to exercise such powers and discretion under the Loan Agreement and the other Loan Documents as are delegated to the Administrative Agent by the terms thereof, together with such powers and discretion as are
reasonably incidental thereto; and (iv) agrees that it will perform in accordance with their terms all of the obligations which by the terms of the Loan Agreement are required to be performed by it as a Lender. 

Upon (i) the execution of a counterpart of this Agreement by each Additional U.S. Term B-4
Lender, the Administrative Agent and the Borrower and (ii) the delivery to the Administrative Agent of a fully executed counterpart (including by way of telecopy or other electronic transmission) hereof, each of the undersigned Additional U.S.
Term B-4 Lenders shall become Lenders under the Loan Agreement and shall have the respective Additional U.S. Term B-4 Commitment set forth on its signature page hereto,
effective as of the Amendment No. 8 Effective Date. 
 For each Additional U.S. Term B-4
Lender, delivered herewith to the Administrative Agent are such forms, certificates or other evidence with respect to United States federal income tax withholding matters as such Additional U.S. Term B-4
Lender may be required to deliver to the Administrative Agent pursuant to Section 10.1 of the Loan Agreement. 
 This Agreement may not
be amended, modified or waived except by an instrument or instruments in writing signed and delivered on behalf of each of the parties hereto. 

This Agreement, the Loan Agreement and the other Loan Documents constitute the entire agreement among the parties with respect to the subject
matter hereof and thereof and supersede all other prior agreements and understandings, both written and verbal, among the parties or any of them with respect to the subject matter hereof. 

THIS AGREEMENT AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES HEREUNDER SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF
THE STATE OF NEW YORK. 

  
 B-2 

 Any term or provision of this Agreement which is invalid or unenforceable in any jurisdiction
shall, as to that jurisdiction, be ineffective to the extent of such invalidity or unenforceability without rendering invalid or unenforceable the remaining terms and provisions of this Agreement or affecting the validity or enforceability of any of
the terms or provisions of this Agreement in any other jurisdiction. If any provision of this Agreement is so broad as to be unenforceable, the provision shall be interpreted to be only so broad as would be enforceable. 

This Agreement may be executed in counterparts, each of which shall be deemed to be an original, but all of which shall constitute one and the
same agreement. 

  
 B-3 

 IN WITNESS WHEREOF, each of the undersigned has caused its duly authorized officer to execute and
deliver this Joinder Agreement as of date first written above. 
  

			
	BANK OF AMERICA, N.A.

 
			
		
	By:	 	  

		 	Name:
		 	Title:

 
			
	
	 Additional U.S. Term B-4 Commitments:

$171,463,443.41

	
	WESTERN DIGITAL CORPORATION

 
			
		
	By:	 	  

		 	Name:
		 	Title:

  
 B-4 

 Accepted: 
  

			
	 JPMORGAN CHASE BANK, N.A.,
 as
Administrative Agent

			
		
	By:	 	  

		 	Name:
		 	Title:

  
 B-5 

 EXHIBIT D-2 

EXHIBIT D-2 

U.S. TERM B-4 NOTE 
  

			
	$                	  	                    , 20    

 FOR VALUE RECEIVED, the undersigned, Western Digital Corporation,
a Delaware corporation (the “Borrower”), hereby promises to pay to                      or its registered assigns (the
“Lender”) at the principal office of JPMorgan Chase Bank, N.A., as Administrative Agent, in New York, New York, in immediately available funds, the principal sum of
                     Dollars ($            ) or, if less, the aggregate
unpaid principal amount of the U.S. Term B-4 Loan made or maintained by the Lender to the Borrower pursuant to the Loan Agreement (as defined below), in installments in the amounts and on the dates called for
by Section 2.7(b) of the Loan Agreement, together with interest on the principal amount of such U.S. Term B-4 Loan from time to time outstanding hereunder at the rates, and payable in the manner and on
the dates, specified in the Loan Agreement. 
 This Note is one of the U.S. Term B-4 Notes referred
to in the Loan Agreement dated as of April 29, 2016 among the Borrower, JPMorgan Chase Bank, N.A., as Administrative Agent, the Lenders party thereto from time to time, and the other agents party thereto (as extended, renewed, amended,
restated, amended and restated, supplemented or otherwise modified from time to time, the “Loan Agreement”), and this Note and the holder hereof are entitled to all the benefits and security provided for thereby or referred to
therein, to which Loan Agreement reference is hereby made for a statement thereof. All defined terms used in this Note, except terms otherwise defined herein, shall have the same meaning as in the Loan Agreement. This Note shall be governed by and
construed in accordance with the laws of the State of New York. 
 Voluntary prepayments may be made hereon, certain prepayments are
required to be made hereon, and this Note may be declared due prior to the expressed maturity hereof, all on the terms and in the manner as provided for in the Loan Agreement. 

The Borrower hereby waives demand, presentment, protest or notice of any kind hereunder. 

 

			
	WESTERN DIGITAL CORPORATION

 
			
		
	By:	 	  

		 	Name:
		 	Title:

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