Document:

EX-10.10

 Exhibit 10.10 

FIRST AMENDMENT 
 TO

 LOAN AND SECURITY AGREEMENT 

This First Amendment to Loan and Security Agreement (this “Amendment”) is entered into as of July 6, 2018, by and between PACIFIC
WESTERN BANK, a California state chartered bank (“Bank”), and UNUM THERAPEUTICS, INC. (“Borrower”), 

RECITALS 
 Borrower and Bank are
parties to that certain Loan and Security Agreement dated as of January 19, 2017 (as amended from time to time, the “Agreement”). The parties desire to amend the Agreement in accordance with the terms of this Amendment. 

NOW, THEREFORE, the parties agree as follows: 
  

	1)	 Pursuant to Section 6.2(i) of the Agreement (as in effect immediately prior to the effectiveness of this
Amendment), Borrower is required to deliver to Bank, within 30 days after the last day of each month, a company prepared consolidated balance sheet, income statement, and statement of cash flows covering Borrower’s operations during such period
(the “Monthly Financials”). As of the date hereof, Borrower has not delivered to Bank its Monthly Financials for the reporting periods ending April 30, 2018 and May 31, 2018, resulting in violations of the Agreement (the
“Monthly Financials Violations”), Bank hereby waives the Monthly Financials Violations. 

  

	2)	 Section 6.2(i) of the Agreement is hereby amended and restated, as follows: 

(i) as soon as available, but in any event within 30 days after the end of each calendar month, a company prepared consolidated
balance sheet, income statement, and statement of cash flows covering Borrower’s operations during such period, in a form reasonably acceptable to Bank and certified by a Responsible Officer; provided, however, that if Borrower’s Cash at
Bank is greater than two (2) times Borrower’s outstanding Indebtedness to Bank, then Borrower shall instead provide to Bank, within five (5) days after the filing thereof, Borrower’s periodic financial reporting filed with the
Securities and Exchange Commission on Forms 10-K and 10-Q; 
  

	3)	 Unless otherwise defined, all initially capitalized terms in this Amendment shall be as defined in the
Agreement. The Agreement, as amended hereby, shall be and remain in full force and effect in accordance with its respective terms and hereby is ratified and confirmed in all respects. Except as expressly set forth herein, the execution, delivery,
and performance of this Amendment shall not operate as a waiver of, or as an amendment of, any right, power, or remedy of Bank under the Agreement, as in effect prior to the date hereof. Borrower ratifies and reaffirms the continuing effectiveness
of all agreements entered into in connection with the Agreement. 

  

	4)	 Borrower represents and warrants that the representations and warranties contained in the Agreement are true
and correct as of the date of this Amendment. 

	5)	 This Amendment may be executed in two or more counterparts, each of which shall be deemed an original, but all
of which together shall constitute one instrument. 

  

	6)	 As a condition to the effectiveness of this Amendment, Bank shall have received, in form and substance
satisfactory to Bank, the following: 

  

	 	a)	 this Amendment, duly executed by Borrower; 

 

	 	b)	 payment of all Bank Expenses, including Bank’s expenses for the documentation of this amendment and any
related documents, and any UCC, good standing or intellectual property search or filing fees, which may be debited from any of Borrower’s accounts; and 

  

	 	c)	 such other documents and completion of such other matters, as Bank may reasonably deem necessary or
appropriate. 

 [Signature Page Follows] 

 IN WITNESS WHEREOF, the undersigned have executed this Amendment as of the first date above written. 

 

									
	UNUM THERAPEUTICS INC.	  		  	PACIFIC WESTERN BANK
		  		  		  		  	
	By:	  	/s/ Christiana Stamoulis	  		  	By:	  	/s/ Scott Hansen
	Name:	  	Christiana Stamoulis	  		  	Name:	  	Scott Hansen
	Title:	  	President and CFO	  		  	Title:	  	SVP

 [Signature Page to First Amendment to Loan and Security Agreement]Exhibit 10.9

 

Waiver and Amendment No. 1

to

Board of Directors Services Agreement

 

This Waiver and Amendment
No. 1 to Board of Directors Services Agreement (this “Amendment”) is entered into as of February 4, 2019, between Inpixon,
f/k/a Sysorex Global Holdings Corp., a Nevada corporation (the “Company”), and Leonard A. Oppenheim, an individual
(“Director”).

 

WHEREAS, the
Company and Director entered into that certain Board of Directors Services Agreement, dated October 21, 2014 (the “Original
Agreement”);

 

WHEREAS, Section
2(d) of the Original Agreement provided that Director shall be entitled to a restricted stock award equal to 5,000 shares per quarter
(each, a “Quarterly Stock Award” and collectively, the “Quarterly Stock Awards”) so long as Director continues
to fulfill Director’s duties and provides services pursuant to the Original Agreement;

 

WHEREAS, the
Quarterly Stock Awards have not been granted to Director from July 1, 2017 to the date of this Amendment (the “Unissued Quarterly
Stock Awards”);

 

WHEREAS, Director
has agreed to (i) waive any such Quarterly Stock Awards and (ii) amend the Original Agreement to remove the requirement to grant
future Quarterly Stock Awards; and

 

WHEREAS, the
Company and Director desire to amend the Original Agreement to provide for an annual grant of stock options to purchase up to 20,000
shares of the Company’s common stock in accordance with this Amendment so long as Director continues to fulfill Director’s
duties and provide services pursuant to the Original Agreement.

 

NOW THEREFORE,
for consideration and as set forth herein, the parties hereto agree as follows:

 

1. Waiver.
Director hereby waives any right under the Original Agreement to receive any Unissued Quarterly Stock Awards. Director acknowledges
that by signing this Amendment, the Company is released from any obligation to issue the Unissued Quarterly Stock Awards to Director.

 

2. Amendments
to Original Agreement.

 

2.1 Section
2(c) of the Original Agreement is deleted and replaced in its entirety with the following:

 

“(c)Options.
In addition to the above-mentioned compensation, Director shall also be entitled to non-qualified stock options to purchase up
to 20,000 shares of the Company’s common stock every calendar year so long as Director continues to fulfill Director’s
duties and provide services pursuant to this Agreement, issued under the Company’s equity incentive plan(s) (individually
or collectively, the “Plan”), in accordance with the terms of the Plan and the standard non-qualified stock option
agreement under such plan (an “Annual Option Grant”). Each Annual Option Grant shall be subject to the approval of
the Company’s Board of Directors, which shall determine the appropriate vesting schedule, if any, and the exercise price
in accordance with the terms and conditions of the Plan. In the event of a change in the outstanding shares of common stock of
the Company by reason of stock dividends, stock splits, reverse stock splits, recapitalizations, mergers, consolidations, combinations
or exchanges of shares, separations, reorganizations or liquidations, the number of shares of common stock under an outstanding
Annual Option Grant granted in accordance with this Section 2(c) shall be correspondingly adjusted, provided, that there
shall be no adjustment to the number of shares of common stock underlying the Annual Option Grant to be granted in accordance with
this Section 2(c) subsequent to such change.”

 

     

     

    

 

2.2. Section
2(d) of the Original Agreement is deleted in its entirety and replaced with the following:

 

“(d)Intentionally deleted.”

 

3. All
references to the term “Agreement” in the Original Agreement shall be deemed to refer to the Original Agreement, as
modified by this Amendment.

 

4. Except
as otherwise provided in this Amendment, all of the terms, covenants and conditions of the Original Agreement shall remain in full
force and effect.

 

[SIGNATURE PAGE FOLLOWS]

 

    2

     

    

 

IN WITNESS WHEREOF, the parties hereto enter
into this Amendment as of the date first set forth above.

 

	 	THE COMPANY:
	 	 
	 	Inpixon
	 	 	 
	 	By:	/s/ Nadir Ali
	 	Name:  	Nadir Ali
	 	Title: 	Chief Executive Officer
	 	 	 
	 	DIRECTOR:
	 	 	 
	 	/s/ Leonard A. Oppenheim
	 	Leonard A. Oppenheim

 

 

3Exhibit 10.11

 

Waiver and Amendment No. 1

to

Board of Directors Services Agreement

 

This Waiver and Amendment
No. 1 to Board of Directors Services Agreement (this “Amendment”) is entered into as of February 4, 2019, between Inpixon,
f/k/a Sysorex Global Holdings Corp., a Nevada corporation (the “Company”), and Kareem M. Irfan, an individual
(“Director”).

 

WHEREAS, the
Company and Director entered into that certain Board of Directors Services Agreement, dated October 21, 2014 (the “Original
Agreement”);

 

WHEREAS, Section
2(d) of the Original Agreement provided that Director shall be entitled to a restricted stock award equal to 5,000 shares per quarter
(each, a “Quarterly Stock Award” and collectively, the “Quarterly Stock Awards”) so long as Director continues
to fulfill Director’s duties and provides services pursuant to the Original Agreement;

 

WHEREAS, the
Quarterly Stock Awards have not been granted to Director from July 1, 2017 to the date of this Amendment (the “Unissued Quarterly
Stock Awards”);

 

WHEREAS, Director
has agreed to (i) waive any such Quarterly Stock Awards and (ii) amend the Original Agreement to remove the requirement to grant
future Quarterly Stock Awards; and

 

WHEREAS, the
Company and Director desire to amend the Original Agreement to provide for an annual grant of stock options to purchase up to 20,000
shares of the Company’s common stock in accordance with this Amendment so long as Director continues to fulfill Director’s
duties and provide services pursuant to the Original Agreement.

 

NOW THEREFORE,
for consideration and as set forth herein, the parties hereto agree as follows:

 

1. Waiver.
Director hereby waives any right under the Original Agreement to receive any Unissued Quarterly Stock Awards.
Director acknowledges that by signing this Amendment, the Company is released from any obligation to issue the Unissued
Quarterly Stock Awards to Director.

 

2. Amendments
to Original Agreement.

 

2.1
Section 2(c) of the Original Agreement is deleted and replaced in its entirety with the following:

 

“(c) Options.
In addition to the above-mentioned compensation, Director shall also be entitled to non-qualified stock options to purchase
up to 20,000 shares of the Company’s common stock every calendar year so long as Director continues to fulfill
Director’s duties and provide services pursuant to this Agreement, issued under the Company’s equity incentive
plan(s) (individually or collectively, the “Plan”), in accordance with the terms of the Plan and the standard
non-qualified stock option agreement under such plan (an “Annual Option Grant”). Each Annual Option Grant shall
be subject to the approval of the Company’s Board of Directors, which shall determine the appropriate vesting schedule,
if any, and the exercise price in accordance with the terms and conditions of the Plan. In the event of a change in the
outstanding shares of common stock of the Company by reason of stock dividends, stock splits, reverse stock splits,
recapitalizations, mergers, consolidations, combinations or exchanges of shares, separations, reorganizations or
liquidations, the number of shares of common stock under an outstanding Annual Option Grant granted in accordance with this
Section 2(c) shall be correspondingly adjusted, provided, that there shall be no adjustment to the number of shares of
common stock underlying the Annual Option Grant to be granted in accordance with this Section 2(c) subsequent to such
change.”

 

     

     

    

 

2.2.
Section 2(d) of the Original Agreement is deleted in its entirety and replaced with the following:

 

“(d) Intentionally
deleted.”

 

3. All
references to the term “Agreement” in the Original Agreement shall be deemed to refer to the Original Agreement, as
modified by this Amendment.

 

4. Except
as otherwise provided in this Amendment, all of the terms, covenants and conditions of the Original Agreement shall remain in full
force and effect.

 

[SIGNATURE PAGE FOLLOWS]

 

    2

     

    

 

IN WITNESS WHEREOF, the parties hereto enter
into this Amendment as of the date first set forth above.

 

	 	THE COMPANY:
	 	 
	 	Inpixon
	 	 	 
	 	By:	/s/ Nadir Ali
	 	Name:  	Nadir Ali
	 	Title: 	Chief Executive Officer
	 	 	 
	 	DIRECTOR:
	 	 
	 	/s/ Kareem M. Irfan
	 	Kareem M. Irfan

 

 

3

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