Document:

Exhibit 10.1

 

 

Software License Agreement

 

iPass SmartConnect

 

This Software License Agreement (this "Agreement"),
effective as of May 8, 2018 (the "Effective Date"), is by and between iPass Inc., a Delaware corporation
with offices located at 3800 Bridge Parkway, Redwood Shores, CA 94065 ("Licensor") and Pareteum Corporation,
a Delaware corporation, with offices located at 1185 Avenue of the Americas, New York, NY 10036 ("Licensee").
Licensor and Licensee may be referred to herein collectively as the "Parties" or individually as a "Party."

 

WHEREAS, Licensor desires to license the Software
described in Exhibit A attached hereto to Licensee; and

 

WHEREAS, Licensee desires to obtain a license
to use the Software for its internal business purposes, subject to the terms and conditions of this Agreement.

 

NOW, THEREFORE, in consideration of the mutual
covenants, terms, and conditions set forth herein, and for other good and valuable consideration, the receipt and sufficiency of
which are hereby acknowledged, the Parties agree as follows:

 

		1.	Definitions.

 

(a) "Authorized Devices"
means an Android or iOS device which Licensee permits to access and use the Software and/or Documentation pursuant to Licensee's
license hereunder.

 

(b) "Documentation"
means Licensor's user manuals, handbooks, and installation guides relating to the Software provided by Licensor to Licensee electronically.

 

(c) "Software"
means the product described in Exhibit A, including any Updates provided to Licensee pursuant to this Agreement.

 

(d) "Updates"
means any updates, bug fixes, patches, or other error corrections to the Software that Licensor generally makes available free
of charge to all licensees of the Software.

 

		2.	License.

 

(a) License Grant. Subject
to and conditioned on Licensee's payment of Fees and compliance with all other terms and conditions of this Agreement, Licensor
hereby grants Licensee a perpetual, non-exclusive, and non-transferable (except in compliance with Section 12(g)) license during
the Term to: (i) access and otherwise use the Licensed Software, solely in furtherance of this Agreement and not for other internal
business purposes; (ii) sell or re-license the Licensed Software and Documentation to any third party; and (iii) use and make a
reasonable number of copies of the Documentation solely for Licensee's internal business purposes in connection with Licensee's
use of the Software. The total number of Authorized Devices will not exceed the number set forth in Exhibit B, except as
expressly agreed to in writing by the Parties and subject to any appropriate adjustment of the license fees payable hereunder.
Licensee may make and use a reasonable number of copies of the Software solely for internal, non-revenue generating purposes, such
as back-up, disaster recovery, and testing purposes. Any such copy of the Software: (i) remains Licensor's exclusive property;
(ii) is subject to the terms and conditions of this Agreement; and (iii) must include all copyright or other proprietary rights
notices contained in the original.

 

    	 	 	 

     

    

 

(b) Use
Restrictions. Licensee shall not use the Software or Documentation for any purposes beyond the scope of the license granted
in this Agreement. Without limiting the foregoing and except as otherwise expressly set forth in this Agreement, Licensee shall
not at any time, directly or indirectly: (i) copy, modify, or create derivative works of the Software or the Documentation, in
whole or in part; (ii) except to the extent set forth above in Section 2(a), rent, lease, lend, sell, sublicense, assign, distribute,
publish, transfer, or otherwise make available the Software or the Documentation; (iii) knowingly reverse engineer, disassemble,
decompile, decode, adapt, or otherwise attempt to derive or gain access to the source code of the Software, in whole or in part;
(iv) remove any proprietary notices from the Software or the Documentation; or (v) use the Software in any manner or for any purpose
that knowingly infringes, misappropriates, or otherwise violates any intellectual property right or other right of any person,
or that violates any applicable law.

 

(c) Reservation
of Rights. Licensor reserves all rights not expressly granted to Licensee in this Agreement. Except for the limited rights
and licenses expressly granted under this Agreement, nothing in this Agreement grants, by implication, waiver, estoppel, or otherwise,
to Licensee or any third party any intellectual property rights or other right, title, or interest in or to the Software.

 

(d) Delivery.
Licensor shall deliver the Software electronically to Licensee following the Effective Date.

 

(e) Escrow
of Source Code. The Parties will enter into an escrow agreement with an escrow agent agreed by the Parties in relation to the
source code together with all developer notes associated with the Licensed Software and Documentation until such time as: (i) the
Licensor reports $10,000,000 of cash on the balance sheet in a publicly filed document; OR (ii) December 31, 2018, whichever occurs
first.

 

    	 	 	 

     

    

 

		3.	Licensee Responsibilities.

 

(a) General.
Licensee is responsible and liable for all uses of the Software and Documentation resulting from access provided by Licensee,
directly or indirectly, whether such access or use is permitted by or in violation of this Agreement. Licensee shall take commercially
reasonable efforts to make all users of Authorized Devices aware of this Agreement's provisions as applicable to such users of
Authorized Devices and their use of the Software, and shall cause users of Authorized Devices to comply with such provisions.

 

(b) Support.
Licensor shall provide Licensee with the support services described on Exhibit B for one year following the Effective
Date and thereafter, solely if Licensee purchases additional support services. Licensor shall continue to provide support services
as described on Exhibit B, the year following the one-year anniversary of the Effective Date, and every year thereafter,
upon payment of the annual maintenance fee as provided in Exhibit B.

 

		4.	Fees and Payment.

 

(a) Fees.
Licensee shall pay Licensor the software licensing fees ("Software License Fee") and annual maintenance fee ("Annual
Maintenance Fee") (collectively, Software License Fee and Annual Maintenance Fee are "Fees"),
set forth in Exhibit B without offset or deduction. Licensee shall make all undisputed payments hereunder in US dollars
and are due and payable within thirty (30) days after the date of invoice. If Licensee fails to make any undisputed payment when
due, Licensor shall provide written notice and thereafter, and in addition to all other remedies that may be available: (i) Licensor
may charge interest on the past due amount at the rate of 1.5% per month calculated daily and compounded monthly or, if lower,
the highest rate permitted under applicable law; and (ii) Licensee shall reimburse Licensor for all costs incurred by Licensor
in collecting any late payments or interest, including attorneys' fees, court costs, and collection agency fees; and (iii) if such
failure continues for 10 days following written notice thereof, Licensor may prohibit access to the Software until all past due
amounts (but expressly excluding any such amounts disputed in good faith) and interest thereon have been paid, without incurring
any obligation or liability to Licensee or any other person by reason of such prohibition of access to the Software.

 

(b) Taxes.
All Fees and other amounts payable by Licensee under this Agreement are exclusive of taxes and similar assessments. Licensee
is responsible for all sales, use, and excise taxes, and any other similar taxes, duties, and charges of any kind imposed by any
federal, state, or local governmental or regulatory authority on any amounts payable by Licensee hereunder, other than any taxes
imposed on Licensor's income.

 

(c) Auditing
Rights and Required Records. Licensee agrees to maintain complete and accurate records in accordance with generally accepted
accounting principles during the Term and for a period of three years after the termination or expiration of this Agreement with
respect to matters necessary for accurately determining amounts due hereunder. Not more than one (1) time during any twelve (12)
consecutive calendar month period, Licensor may, at its own expense and at Licensee’s principal place of business during
Licensee’s normal business hours, on not less than thirty (30) days’ prior notice, inspect and audit Licensee's records
with respect to matters covered by this Agreement, provided that if such inspection and audit reveals that Licensee has underpaid
Licensor by more than five percent (5%) with respect to any amounts due and payable during the Term, Licensee shall promptly pay
the amounts necessary to rectify such underpayment, together with interest in accordance with Section 4(a). Licensee shall pay
for the costs of the audit if the audit determines that Licensee's underpayment equals or exceeds 15% for any quarter. Such inspection
and auditing rights will extend throughout the Term of this Agreement and continue for a period of six (6) months after the termination
or expiration of this Agreement.

 

    	 	 	 

     

    

 

5.            Confidential
Information. From time to time during the Term, either Party may disclose or make available to the other Party information
about its business affairs, products, confidential intellectual property, trade secrets, third-party confidential information,
and other sensitive or proprietary information, whether orally or in written, electronic, or other form or media/in written or
electronic form or media, whether or not marked, designated or otherwise identified as "confidential" (collectively,
 "Confidential Information"). Confidential Information does not include information that, at the time of disclosure
is: (a) in the public domain; (b) known to the receiving Party at the time of disclosure; (c) rightfully obtained by the receiving
Party on a non-confidential basis from a third party; or (d) independently developed by the receiving Party. The receiving Party
shall not disclose the disclosing Party's Confidential Information to any person or entity, except to the receiving Party's employees
who have a need to know the Confidential Information for the receiving Party to exercise its rights or perform its obligations
hereunder. Notwithstanding the foregoing, each Party may disclose Confidential Information to the limited extent required (i) in
order to comply with the order of a court or other governmental body, or as otherwise necessary to comply with applicable law,
provided that the Party making the disclosure pursuant to the order shall first have given written notice to the other Party and
made a reasonable effort to obtain a protective order; or (ii) to establish a Party's rights under this Agreement, including to
make required court filings. On the expiration or termination of the Agreement, the receiving Party shall promptly return to the
disclosing Party all copies, whether in written, electronic, or other form or media, of the disclosing Party's Confidential Information,
or destroy all such copies and certify in writing to the disclosing Party that such Confidential Information has been destroyed.
Each Party's obligations of non-disclosure with regard to Confidential Information are effective as of the Effective Date and will
expire two (2) years from the date first disclosed to the receiving Party; provided, however, with respect to any Confidential
Information that constitutes a trade secret (as determined under applicable law), such obligations of non-disclosure will survive
the termination or expiration of this Agreement for as long as such Confidential Information remains subject to trade secret protection
under applicable law.

 

		6.	Intellectual Property Ownership; Feedback.

 

(a) Licensee
acknowledges that, as between Licensee and Licensor, Licensor owns all right, title, and interest, including all intellectual property
rights, in and to the Software and Documentation.

 

(b) Feedback.
If Licensee or any of its employees or contractors sends or transmits any communications or materials to Licensor by mail,
email, telephone, or otherwise, suggesting or recommending changes to the Software or Documentation, including without limitation,
new features or functionality relating thereto, or any comments, questions, suggestions, or the like ("Feedback"),
Licensor is free to use such Feedback irrespective of any other obligation or limitation between the Parties governing such Feedback.
Licensee hereby assigns to Licensor on Licensee's behalf, and on behalf of its employees, contractors and/or agents, all right,
title, and interest in, and Licensor is free to use, without any attribution or compensation to any party, any ideas, know-how,
concepts, techniques, or other intellectual property rights contained in the Feedback, for any purpose whatsoever, although Licensor
is not required to use any Feedback.

 

		7.	Data Privacy and Security.

 

(a) Licensee
and End User Data. Licensee agrees that Licensor and the service providers it utilizes to assist in providing the Software
and services to Licensee shall have the right to access Licensee’s and end users’ accounts and to use, modify, reproduce,
distribute, display and disclose Licensee data and end user data solely to the extent necessary to provide the Software and services,
including, without limitation, in response to Licensee or end user support requests. Any third party providers of services (“Third
Party Providers”) iPass utilizes will only be given access to Licensee account information and data as is reasonably necessary
to provide the Software and services and will be subject to confidentiality obligations. Licensor may also access or disclose information
about Licensee, Licensee’s account, or end users in order to: (a) comply with the law or respond to lawful requests or legal
process; (b) protect Licensor, its customers’ or partners’ rights or property, including enforcement of this Agreement
or other policies associated with the Software and services; and (c) act on a good faith belief that such disclosure is necessary
to protect personal safety or avoid violation of applicable law or regulation.

 

(b) Privacy
Policy. Licensor collects certain information about Licensee and end users including but not limited to the location of the
end user’s device when using the Software and services, and information regarding the devices, computers and the end users’
use of the Software and services. Licensor uses, discloses, collects and protects this information as described in iPass’
Privacy Policy, the then-current version of which is available at www.ipass.com/privacy and is incorporated by reference herein.
In the event of a conflict between the terms in the body of the Agreement and in the Privacy Policy, the terms in the body of this
Agreement control.

 

    	 	 	 

     

    

 

		8.	Limited Warranties and Warranty Disclaimer.

 

(a) Licensor
warrants that at all times during the Term: (i) the Software shall perform as described in the Documentation following the Effective
Date; (ii) the Software does not contain any virus or other malicious code that would cause the Software to become inoperable or
incapable of being used in accordance with the Documentation; (iii) the Software and Documentation shall not infringe, misappropriate,
or otherwise violate any intellectual property right or other right of any person, nor shall the Software and Documentation violate
any applicable law. THE FOREGOING WARRANTIES DO NOT APPLY, AND LICENSOR STRICTLY DISCLAIMS ALL WARRANTIES, WITH RESPECT TO ANY
THIRD-PARTY PRODUCTS.

 

(b) The
warranties set forth in Section 8(a) do not apply and become null and void if Licensee knowingly breaches any material provision
of this Agreement (beyond applicable notice and cure), or if Licensee any Authorized User, or any other person provided access
to the Software by Licensee [or any Authorized User, whether or not in violation of this Agreement: (i) knowingly installs or uses
the Software on or in connection with any hardware or software not specified in the Documentation [or expressly authorized by Licensor
in writing; (ii) modifies or damages the Software; or (iii) misuses the Software, including any use of the Software other than
as specified in the Documentation or expressly authorized by Licensor in writing.

 

(c) If,
during the period specified in Section 8(a), any Software fails to comply with the warranty in Section 8(a), and such failure is
not excluded from warranty pursuant to Section 8(b), Licensor shall, subject to Licensee's promptly notifying Licensor in writing
of such failure, at its sole option, either: (i) repair or replace the Software, provided that Licensee provides Licensor with
all information Licensor requests to resolve the reported failure, including sufficient information to enable the Licensor to recreate
such failure; or (ii) refund the Fees paid for such Software, subject to Licensee's ceasing all use of and, if requested by Licensor,
returning to Licensor all copies of the Software. If Licensor repairs or replaces the Software, the warranty will continue to run
from the Effective Date and not from Licensee's receipt of the repair or replacement. The remedies set forth in this Section 8(c)
are Licensee's sole remedies and Licensor's sole liability under the limited warranty set forth in Section 8(a).

 

(d) EXCEPT
FOR THE LIMITED WARRANTY SET FORTH IN SECTION 8(a), THE SOFTWARE AND DOCUMENTATION ARE PROVIDED "AS IS" AND LICENSOR
HEREBY DISCLAIMS ALL WARRANTIES, WHETHER EXPRESS, IMPLIED, STATUTORY, OR OTHERWISE. LICENSOR SPECIFICALLY DISCLAIMS ALL IMPLIED
WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE, AND NON-INFRINGEMENT, AND ALL WARRANTIES ARISING FROM COURSE
OF DEALING, USAGE, OR TRADE PRACTICE. EXCEPT FOR THE LIMITED WARRANTY SET FORTH IN SECTION 8(a), LICENSOR MAKES NO WARRANTY OF
ANY KIND THAT THE SOFTWARE AND DOCUMENTATION, OR ANY PRODUCTS OR RESULTS OF THE USE THEREOF, WILL MEET LICENSEE'S OR ANY OTHER
PERSON'S REQUIREMENTS, OPERATE WITHOUT INTERRUPTION, ACHIEVE ANY INTENDED RESULT, BE COMPATIBLE OR WORK WITH ANY SOFTWARE, SYSTEM
OR OTHER SERVICES, OR BE SECURE, ACCURATE, COMPLETE, FREE OF HARMFUL CODE, OR ERROR FREE.

 

    	 	 	 

     

    

 

		9.	Indemnification.

 

(a) Licensor
Indemnification.

 

(i) Licensor
shall indemnify, defend, and hold harmless Licensee from and against any and all losses, damages, liabilities, costs ("Losses")
incurred by Licensee resulting from any third-party claim, suit, action, or proceeding ("Third-Party Claim") that
the Software or Documentation, or any use of the Software or Documentation in accordance with this Agreement, infringes or misappropriates
such third party's US intellectual property rights, US patents, copyrights, or trade secrets, provided that Licensee promptly notifies
Licensor in writing of the claim, cooperates with Licensor, and allows Licensor sole authority to control the defense and settlement
of such claim.

 

(ii) If such
a claim is made or appears possible, Licensee agrees to permit Licensor, at Licensor's sole discretion, to (A) modify or replace
the Software or Documentation, or component or part thereof, to make it non-infringing, or (B) obtain the right for Licensee to
continue use. If Licensor determines that none of these alternatives is reasonably available, Licensor may terminate this Agreement,
in its entirety or with respect to the affected component or part, effective immediately on written notice to Licensee.

 

(iii) This
Section 9(a) will not apply to the extent that the alleged infringement arises from: (A) use of the Software in combination with
data, software, hardware, equipment, or technology not provided by Licensor or authorized by Licensor in writing; (B) modifications
to the Software not made by Licensor; or (C) use of any version other than the most current version of the Software or Documentation
delivered to Licensee.

 

(b) Licensee
Indemnification. Subject to the limitations in Section 10 below, Licensee shall indemnify, hold harmless, and, at Licensor's
option, defend Licensor from and against any Losses resulting from any Third-Party Claim based on Licensee's: (i) negligence or
willful misconduct; (ii) use of the Software or Documentation in a manner not authorized or contemplated by this Agreement; (iii)
use of the Software in combination with data, software, hardware, equipment or technology not provided by Licensor or authorized
by Licensor in writing; (iv) modifications to the Software not made by Licensor; or (v) use of any version other than the most
current version of the Software or Documentation delivered to Licensee, provided that Licensee may not settle any Third-Party Claim
against Licensor unless such settlement completely and forever releases Licensor from all liability with respect to such Third-Party
Claim or unless Licensor consents to such settlement, and further provided that Licensor will have the right, at its option, to
defend itself against any such Third-Party Claim or to participate in the defense thereof by counsel of its own choice.

 

    	 	 	 

     

    

 

(c) Sole
Remedy. THIS SECTION 9 SETS FORTH LICENSEE'S SOLE REMEDIES AND LICENSOR'S SOLE LIABILITY AND OBLIGATION FOR ANY ACTUAL, THREATENED,
OR ALLEGED CLAIMS THAT THE SOFTWARE OR DOCUMENTATION INFRINGES, MISAPPROPRIATES, OR OTHERWISE VIOLATES ANY INTELLECTUAL PROPERTY
RIGHTS OF ANY THIRD PARTY.

 

10.          Limitations
of Liability. IN NO EVENT WILL EITHER PARTY BE LIABLE TO THE OTHER PARTY UNDER OR IN CONNECTION WITH THIS AGREEMENT UNDER ANY
LEGAL OR EQUITABLE THEORY, INCLUDING BREACH OF CONTRACT, TORT (INCLUDING NEGLIGENCE), STRICT LIABILITY, AND OTHERWISE, FOR ANY:
(a) CONSEQUENTIAL, INCIDENTAL, INDIRECT, EXEMPLARY, SPECIAL, ENHANCED, OR PUNITIVE DAMAGES; (b) INCREASED COSTS, DIMINUTION IN
VALUE OR LOST BUSINESS, PRODUCTION, REVENUES, OR PROFITS; (c) LOSS OF GOODWILL OR REPUTATION; (d) USE, INABILITY TO USE, LOSS,
INTERRUPTION, DELAY OR RECOVERY OF ANY DATA, OR BREACH OF DATA OR SYSTEM SECURITY; OR (e) COST OF REPLACEMENT GOODS OR SERVICES,
IN EACH CASE REGARDLESS OF WHETHER THE PARTY WAS ADVISED OF THE POSSIBILITY OF SUCH LOSSES OR DAMAGES OR SUCH LOSSES OR DAMAGES
WERE OTHERWISE FORESEEABLE. EXCEPT FOR ITS INDEMNIFICATION OBLIGATIONS SET FORTH ABOVE IN SECTION 8(A), AND MATTERS ARISING FROM
ITS NEGLIGENCE OR INTENTIONAL MISCONDUCT, IN NO EVENT WILL LICENSOR'S AGGREGATE LIABILITY ARISING OUT OF OR RELATED TO THIS AGREEMENT
UNDER ANY LEGAL OR EQUITABLE THEORY, INCLUDING BREACH OF CONTRACT, TORT, STRICT LIABILITY, AND OTHERWISE EXCEED THE TOTAL AMOUNTS
PAID TO LICENSOR UNDER THIS AGREEMENT.

 

IN NO EVENT SHALL LICENSEE’S
AGGREGATE LIABILITY ARISING OUT OF OR RELATED TO THIS AGREEMENT UNDER ANY LEGAL OR EQUITABLE THEORY, INCLUDING BREACH OF CONTRACT,
TORT, STRICT LIABILITY, AND OTHERWISE EXCEED THE TOTAL AMOUNTS PAID BY LICENSEE TO LICENSOR UNDER THIS AGREEMENT.

 

		11.	Term and Termination.

 

(a) Term.
The term of this Agreement begins on the Effective Date and, unless terminated earlier pursuant to any of the Agreement's express
provisions, will continue in effect indefinitely or until annual support is not renewed. Unless earlier terminated pursuant to
this Agreement's express provisions, Licensee must provide written notice of non-renewal of annual support at least 60 days prior
to the expiration of the then-current term.

 

    	 	 	 

     

    

  

(b) Termination.
In addition to any other express termination right set forth in this Agreement:

 

(i) Licensor
may terminate this Agreement, effective on written notice to Licensee, if Licensee: (A) fails to pay any undisputed amount when
due hereunder, and such failure continues more than 30 days after Licensor's delivery of written notice thereof; or (B) breaches
any of its obligations under Section 2(b) or Section 5;

 

(ii) Either
Party may terminate this Agreement, effective on written notice to the other Party, if the other Party breaches this Agreement,
and such breach: (A) is incapable of cure; or (B) being capable of cure, remains uncured 30 days after the non-breaching Party
provides the breaching Party with written notice of such breach; or

 

(iii) Either
Party may terminate this Agreement, effective immediately upon written notice to the other Party, if the other Party: (A) becomes
insolvent or is generally unable to pay, or fails to pay, its debts as they become due; (B) files or has filed against it, a petition
for voluntary or involuntary bankruptcy or otherwise becomes subject, voluntarily or involuntarily, to any proceeding under any
domestic or foreign bankruptcy or insolvency law; (C) makes or seeks to make a general assignment for the benefit of its creditors;
or (D) applies for or has appointed a receiver, trustee, custodian, or similar agent appointed by order of any court of competent
jurisdiction to take charge of or sell any material portion of its property or business.

 

(c) Effect
of Expiration or Termination. Upon expiration or earlier termination of this Agreement, the license granted hereunder will
not terminate, but no additional support, as described in Exhibit B, shall be provided to Licensee effective upon termination.
No expiration or termination will affect Licensee's obligation to pay all Fees that may have become due before such expiration
or termination, or entitle Licensee to any refund. If termination is resultant from events under 11(b)(iii) on the part of Licensor,
the Licensee will have recourse under section 2(e) Escrow Source Code.

 

(d) Survival.
This Section 11(d) and Sections 1, 4, 5, 6, 7, 8, 9, and 10 survive any termination or expiration of this Agreement. No other provisions
of this Agreement survive the expiration or earlier termination of this Agreement.

 

    	 	 	 

     

    

 

		12.	Miscellaneous.

 

(a) Entire
Agreement. This Agreement, together with any other documents incorporated herein by reference and all related Exhibits, constitutes
the sole and entire agreement of the Parties with respect to the subject matter of this Agreement and supersedes all prior and
contemporaneous understandings, agreements, and representations and warranties, both written and oral, with respect to such subject
matter. In the event of any inconsistency between the statements made in the body of this Agreement, the related Exhibits, and
any other documents incorporated herein by reference, the following order of precedence governs: (a) first, this Agreement, excluding
its Exhibits; (b) second, the Exhibits to this Agreement as of the Effective Date; and (c) third, any other documents incorporated
herein by reference.

 

(b) Notices.
All notices, requests, consents, claims, demands, waivers, and other communications hereunder (each, a "Notice")
must be in writing and addressed to the Parties at the addresses set forth on the first page of this Agreement (or to such other
address that may be designated by the Party giving Notice from time to time in accordance with this Section). All Notices must
be delivered by personal delivery, nationally recognized overnight courier (with all fees pre-paid), or certified or registered
mail (in each case, return receipt requested, postage pre-paid). Except as otherwise provided in this Agreement, a Notice is effective
only: (i) upon receipt by the receiving Party, and (ii) if the Party giving the Notice has complied with the requirements of this
Section.

 

(c) Force
Majeure. In no event shall either Party be liable to the other Party, or be deemed to have breached this Agreement, for any
failure or delay in performing its obligations under this Agreement, if and to the extent such failure or delay is caused by any
circumstances beyond such Party's reasonable control, including but not limited to acts of God, flood, fire, earthquake, explosion,
war, terrorism, invasion, riot or other civil unrest, strikes, labor stoppages or slowdowns or other industrial disturbances, or
passage of law or any action taken by a governmental or public authority, including imposing an embargo.

 

(d) Amendment
and Modification; Waiver. No amendment to or modification of this Agreement is effective unless it is in writing and signed
by an authorized representative of each Party. No waiver by any Party of any of the provisions hereof will be effective unless
explicitly set forth in writing and signed by the Party so waiving. Except as otherwise set forth in this Agreement, (i) no failure
to exercise, or delay in exercising, any rights, remedy, power, or privilege arising from this Agreement will operate or be construed
as a waiver thereof and (ii) no single or partial exercise of any right, remedy, power, or privilege hereunder will preclude any
other or further exercise thereof or the exercise of any other right, remedy, power, or privilege.

 

(e) Severability.
If any provision of this Agreement is invalid, illegal, or unenforceable in any jurisdiction, such invalidity, illegality, or unenforceability
will not affect any other term or provision of this Agreement or invalidate or render unenforceable such term or provision in any
other jurisdiction. Upon such determination that any term or other provision is invalid, illegal, or unenforceable, the Parties
hereto shall negotiate in good faith to modify this Agreement so as to effect the original intent of the Parties as closely as
possible in a mutually acceptable manner in order that the transactions contemplated hereby be consummated as originally contemplated
to the greatest extent possible.

 

    	 	 	 

     

    

 

(f) Governing
Law; Submission to Jurisdiction. This Agreement is governed by and construed in accordance with the internal laws of the State
of California without giving effect to any choice or conflict of law provision or rule that would require or permit the application
of the laws of any jurisdiction other than those of the State of California. Any legal suit, action, or proceeding arising out
of this Agreement or the licenses granted hereunder shall be instituted in the federal courts of the United States or the courts
of the State of California in each case located in the city of Redwood Shores and County of San Mateo, and each Party irrevocably
submits to the jurisdiction of such courts in any such suit, action, or proceeding.

 

(g) Assignment.
Licensee may not assign or transfer any of its rights or delegate any of its obligations hereunder, in each case whether voluntarily,
involuntarily, by operation of law or otherwise, without the prior written consent of Licensor, which consent shall not be unreasonably
withheld, conditioned, or delayed; provided, however, that in connection with a sale, reorganization, merger, consolidation, acquisition
or other restructuring involving all or substantially all of the voting securities and/or assets of Licensee this Agreement may
be assigned by Licensee to any such successor provided written notice of such assignment is provided by Licensee to Licensor within
a reasonable time thereafter. Any purported assignment, transfer, or delegation in violation of this Section is null and void.
No assignment, transfer, or delegation will relieve the assigning or delegating Party of any of its obligations hereunder. This
Agreement is binding upon and inures to the benefit of the Parties hereto and their respective permitted successors and assigns.

 

(h) Export
Regulation. The Software may be subject to US export control law, including the US Export Administration Act and its associated
regulations. Licensee shall not, directly or indirectly, export, re-export, or release the Software to, or make the Software accessible
from, any jurisdiction or country to which export, re-export, or release is prohibited by law, rule, or regulation. Licensee shall
comply with all applicable federal laws, regulations, and rules, and complete all required undertakings (including obtaining any
necessary export license or other governmental approval), prior to exporting, re-exporting, releasing, or otherwise making the
Software available outside the US.

 

(i) Equitable
Relief. Each Party acknowledges and agrees that a breach or threatened breach by such Party of any of its obligations under
Section 5 or, in the case of Licensee, Section 2(b), would cause the other Party irreparable harm for which monetary damages would
not be an adequate remedy and agrees that, in the event of such breach or threatened breach, the other Party will be entitled to
equitable relief, including a restraining order, an injunction, specific performance, and any other relief that may be available
from any court, without any requirement to post a bond or other security, or to prove actual damages or that monetary damages are
not an adequate remedy. Such remedies are not exclusive and are in addition to all other remedies that may be available at law,
in equity, or otherwise.

 

(j) Counterparts.
This Agreement may be executed in counterparts, each of which is deemed an original, but all of which together are deemed to be
one and the same agreement.

 

    	 	 	 

     

    

 

IN WITNESS WHEREOF, the Parties hereto
have executed this Agreement as of the Effective Date.

 

	iPass Inc.	 	Pareteum Corporation
	 	 	 	 	 
	By:	Darin R. Vickery	 	By:	Denis E. McCarthy
	Name: 	Darin R. Vickery	 	Name:	Denis E. McCarthy
	Title:	CFO	 	Title:	SVP Corporate Development
	Date: 	May 8, 2018	 	Date: 	May 8, 2018

 

    	 	 	 

     

    

 

EXHIBIT A

 

iPass SmartConnect Description

 

iPass SmartConnect technology is delivered
to Authorized Devices through a cloud-based platform (the “Platform”) comprising software elements on the mobile device
and available over the Internet. iPass ́ Platform gives control over the definition and management of mobility services configured
to the Licensee’s specific needs. This architecture gives an Authorized Device choice in access services and serves as a
bridge to functionality through use of extensible web services standards, while keeping the operational and financial burden on
Licensee low by not requiring them to purchase, deploy and manage on-premises infrastructure, unless they so choose for purposes
of adding additional functionality.

 

iPass Platform is designed to
provide Licensee with reliability, flexibility, network security, policy enforcement, consolidated billing and scalability.

 

The technology consists of the following principal
components:

 

		i.	Foundation Services. Provide the basic capabilities needed for a cloud-based
platform, including the ability to manage devices (add, remove, or change rights), authenticate devices to access the platform,
authorize access to particular functions, or track and audit use of the platform.

 

		ii.	Operational Services. Are built on top of the iPass Foundation Services platform,
enabling Licensee to operate the various iPass ́ market-facing offers, including device profile/configuration management,
network directory management, account management, order management, usage management, support, billing and training.

 

		iii.	Presentation Services. Impact how information is presented to devices accessing
the Platform, usually through a web based portal. Presentation Services include web presentation, data validation, access control
(controlling who can see and enter what).

 

		iv.	SmartConnect Client and SmartConnect SDK Services. Provide the ability to
update configuration files and associated network registries, and to receive the data that the client collects.

 

		v.	Curation Services. Ability of iPass platform to collect information about
Open Networks and be able to decode the hotspot information and automate steps to connect to that Network.

 

		vi.	High-Availability and Scalable Authentication Architecture. iPass ́ relationships
with network service providers enables iPass Platform to enable connectivity through multiple global networks . As a result, the
cloud-based Platform reduces the risk of service interruptions associated with depending on only one service provider. Furthermore,
iPass ́ geographically distributed transaction centers act as a unified and fault-tolerant system that provides scalable and
highly available device authentication and quality management information collection. Each point in the authentication process
is designed with built-in redundancy and fail-over capabilities.

 

    	 	 	 

     

    

 

iPass SmartConnect SDK –
necessary for adding iPass services to an application. The SDK may be used to integrate iPass functionalities into a specific application
offered by a third-party application, and supports the following operating systems: Android and iOS.

 

iPass SmartConnect Client –
iPass functional applications built on iPass SmartConnect SDK and supporting the following operating systems: Android and iOS.

 

iPass Curated Network –
Curated Networks are open Networks that have been added to footprint using iPass Curation Services and can be accessed via the
iPass SmartConnect software.

 

    	 	 	 

     

    

 

EXHIBIT B

 

FEES AND SUPPORT SERVICES

 

Software License Fee. In exchange
for perpetual access to the Licensed Software for up to 25,000,000 Authorized Devices, Licensee shall pay Licensor the Software
License Fee of $3,000,000.00 (which includes the first year Annual Maintenance Fee of 20%). Upon the Effective Date, Licensor shall
invoice and Licensee shall pay Licensor Software License Fee in increments as follows: $1,000,000.00 by June 15, 2018; $1,000,000.00
by September 30, 2018 (or the next succeeding business day thereafter); and $1,000,000.00 by December 31, 2018.

 

Annual Maintenance Fee. In exchange
for the Support Services and Service Levels in this Exhibit B and software Updates, Licensee shall invoice and Licensee shall pay
Licensor $600,000.00 commencing on the one year anniversary following the Effective Date, and every year thereafter (representing
20% of the License Fee).

 

Support Services

 

1. Definitions. Any capitalized terms
used herein and not defined below are defined in the Agreement.

 

“First Level Technical Support”
means taking calls from users of Authorized Devices, getting complete information from end users regarding problems experienced
by such users, testing user authorization to use the service, eliminating common user errors, and escalating unresolved issues
with written documentation detailing steps taken prior to escalation.

 

“Second Level Technical Support”
means providing assistance to First Level Technical Support help desk for issues that cannot be resolved through First Level
Technical Support.

 

“Third Level Technical Support”
means providing technical assistance to Licensee’s authorized Second Level Technical Support personnel for technical
issues that cannot be resolved by Second Level Technical Support.

 

“Severity One” means:

 

		·	iPass Hosted Authentication
Infrastructure is down or other problems that prevent all users of Authorized Devices from connecting.

 

	 	·	Issues regarding Hosted User Services and Hosted User Management. 

 

    	 	 	 

     

    

 

“Severity Two” means:

 

		·	User community is experiencing
difficulty connecting to one or more remote Access Points.

 

		·	Hosted Authentication or
Customer RoamServer configuration requests.

 

		·	User community is experiencing
difficulty deploying the Open Mobile software.

 

“Severity Three” means:

 

	 	·	Problems that affect a limited number of user community or any question or service request regarding the Open Mobile Portal.

 

2. First Level Technical Support For users of Authorized
Devices, the Licensee will be responsible for providing First Level Technical Support. First Level Technical Support personnel
who have received training regarding the iPass Service and the iPass Software from iPass will be authorized to contact the applicable
Second Level Technical Support center(s) at iPass to resolve any problems that cannot be resolved by First Level Technical Support.
Customer may change its authorized contacts for Second Level Technical Support at any time upon written notice to iPass so long
as any new authorized contacts have completed the requisite iPass training.

 

3. Second/Third Level Technical Support. iPass will
provide Licensee with Second/Third Level Technical Support in accordance with iPass standard procedures, as described in Service
Levels below, Licensee must have its password and id available in order to access and submit a request, absent which iPass will
have no obligation to provide Licensee with Second Level Technical Support.

 

4. Support Requests. Licensee’s authorized First/Second
Level Technical Support shall submit support requests via the iPass Ticketing System. iPass Support is provided per the procedures
as described in Service Levels below. In general, support requests are submitted via the iPass Ticketing System and are submitted
under a Licensee selected severity level. Tickets are worked by iPass based upon severity prioritization, with Severity One being
the highest priority, followed by Severity Two and Severity Three. iPass response times for the various Severity levels are described
in Service Levels below.

 

5. Software Updates. iPass will notify Licensee regarding
the availability of Updates and make any applicable Updates available to Licensee as part of this agreement, when and if such updates
are made generally available.

 

6. Training. iPass will perform training services as
agreed upon by the Parties and in accordance with the terms of this Agreement.

 

    	 	 	 

     

    

 

Service Levels.

 

iPass agrees to provide the levels of service set forth herein to
Licensee

 

1. Additional Definitions.

 

“Availability” means users of Authorized Devices
having access to, full functionality and usage of the service.

 

“Service Levels” means the minimum service levels
to be achieved by Licensor in relation to L Licensor’s performance of its obligations as set out herein.

 

“Severity Level” means the impact of or nature
of a problem as set forth in the Support Services above.

 

“Response” means the iPass' acknowledgment of
its receipt of a Trouble Report from Licensee.

 

2. Licensor Support Services

 

Licensor will provide Help Desk to Help Desk support to Licensee
on components of the Licensor Service e.g. the iPass Portal, Hosted Authentication Infrastructure.

 

3. Support Process

 

The following support process shall be followed by the Licensee
HELPDESK to report or escalate issues to the iPass Support Teams:

 

		a.	Issue Identified to Licensee Help Desk

 

		(i)	The user of the Authorized Device contacts the Licensee Help Desk.

		(ii)	Licensee Helpdesk follows troubleshooting guide and reviews information in the Licensor online knowledge base (help.ipass.com)
and determines if internal resources can resolve the issue.

		(iii)	If internal resources cannot resolve the issue, then Licensee Help Desk contacts iPass Customer Care via web-based support
request.

 

    	 	 	 

     

    

 

		b.	Entering a web-based Support Request

 

		(i)	Access the Portal via url: https://openmobile.ipass.com

		(ii)	Enter your username and password and click login.

		(iii)	Access is available on the Dashboard tab.

		(iv)	Click on the “Manage Tickets” link.

		(v)	On the “Cases” tab select the “Create New Case” button or dropdown link

		(vi)	Enter the appropriate information as required.

 

Licensee Helpdesk shall provide callback details (contact name and
phone number) in all web-based support requests.

 

		c.	Ticket Requirements

 

At a minimum, all Severity One and Severity Two problem reports
shall contain the following in order to expedite investigation and verification of the problem:

 

		(i)	Username and Description of observed behavior.

		(ii)	Debug logs if available.

		(iii)	Steps to reproduce.

		(iv)	Operating environment (Operating system, language, software version, profile number and hardware, as applicable.)

		(v)	Dates / times of transaction failures.

		(vi)	Name of network attempted.

 

Licensor may request additional information for verification of
a reported problem as necessary.

 

		d.	Licensee’s Customer Care Hotline

 

For Severity One issues, Licensor recommends that opening a web-based
support request be followed by a phone call to iPass at one of the following Severity One Customer Care numbers:

 

	Inside the United States:	+1-877-464-7277
	 	 
	Outside the United States:	+1 650-232-4300
	 	 
	Dialing within Europe:	+44 20 7010 8344

 

Phone numbers are available 24 hours a day,
7 seven days a week.

 

Please note that in order to safeguard customers
against unauthorized service activity, Licensor will require that callers authenticate their credentials via the web based ticketing
system prior to any action by Licensor.

 

    	 	 	 

     

    

 

All change requests MUST be in writing.

 

In order to ensure that tickets are handled in order of receipt,
by priority, calls which are not Severity One will be ticketed and placed in queue to be handled in order of receipt, by severity.

 

4. Service Levels

 

		a.	Support Request Response - For each Severity Level, iPass shall provide the following response Service Levels:

 

		i.	For Licensee Helpdesk Support Requests submitted in accordance with the process defined herein.

 

	Problem Severity	 	Response Service Level
	 	 	 
	Severity One          	 	Targeted Response Time: Issues will receive a response from iPass within fifteen (15) minutes (1 hour on weekends and local public holidays) after submitting a Severity One support case followed by a phone call to iPass. Please note Severity One issues reported via a support case only will be responded to within 1 hour.
	 	 	 
	Severity Two    	 	Targeted Response Time: Issues will receive a response from iPass within 8 hours of receipt of the request (except weekends and local public holidays.)
	 	 	 
	Severity Three      	 	Targeted Response Time: Issues will receive a response from iPass within 12 hours of receipt of the request (except weekends and local public holidays.)  

 

		b.	Problem Verification - iPass and Licensee will make reasonable efforts to verify any reported problem as soon as it
is reported as well as any follow-up information that may be required.

 

		c.	Update Intervals - iPass will make reasonable efforts to keep Licensee’s Second Level Technical Support personnel
informed of the latest status on any problem submitted. In the event Licensee’s Second Level Technical Support personnel
requires more frequent updates, then these will be discussed and mutually agreed upon and will depend on the severity and complexity
of the problem.

 

		d.	Severity Reclassification - To ensure that severe problems receive highest priority, iPass may modify a ticket submitted
as Severity One issue if it clearly does not meet the criteria for Severity One.

 

    	 	 	 

     

    

 

5. iPass Support Escalation Process

 

		(a)	When to Escalate an Issue

 

		(i)	If iPass fails to respond within the prescribed service level response time, the Licensee Help Desk is encouraged to escalate
the issue to the Escalation Contact in the respective time zone (see escalation contacts below.)

 

		(ii)	If the iPass Customer Care Representative and the Licensee Help Desk cannot agree on an action plan to resolve an issue (Severity
One, Two or Three), then the iPass Customer Care Representative and the Customer Help Desk are encouraged to escalate the issue
to the Director of Customer Care.

 

		(iii)	Once a plan has been agreed, iPass will work to resolve the issue. If the Licensee Help Desk is not satisfied with the progress
that is being made to resolve an issue, they are encouraged to contact the Director of Customer Care.

 

		(b)	How to Escalate an Issue

 

		(i)	All escalations should be in writing (to the e-mail address listed below) or by phone followed up with a summary from Licensee’s
Help Desk.

 

		(ii)	Written documentation should outline the original issue and progress to date. It should also include impact to the customer
and reason for the escalation.

 

		(c)	Response to Escalation

 

		(i)	The Director of Customer Care will respond upon receipt to any escalations.

 

		(ii)	Escalations will take priority over any issue of the same severity level.

 

Customer Care Escalation Contact

 

	Location/Time Zone	 	London, UK (GMT)
	 	 	 
	Regional Contact	 	Richard Sabbarton
	 	 	 
	email	 	rsabbarton@ipass.com
	 	 	 
	Office Phone	 	+44 20 7010 8319
	 	 	 
	 	 	Redwood Shores, US
	Location/Time Zone	 	(PST)
	 	 	 
	Regional Contact	 	Christopher Calhoun
	 	 	 
	email	 	 ccalhoun@ipass.com
	 	 	 
	Office Phone	 	+ 1 650 232 4127
	 	 	 
	Location/Time Zone	 	Bangalore, IN (IST)
	 	 	 
	Regional Contact	 	Sujith Varijakshan
	 	 	 
	email	 	svarijakshan@ipass.com
	 	 	 
	Office Phone	 	+91 80 41380976
	 	 	 
	ESCALATION Manager – Director of Support
	 	 	 
	Escalation Manager	 	Alan Ridgewell
	 	 	 
	email	 	aridgewell@ipass.com
	 	 	 
	Office Phone	 	+44 20 7010 8304Exhibit 10.1

 

EMPLOYMENT AGREEMENT

 

Between

Employer:Enigma Technology International Corporation

Employee:Kim Sing CHENG

 

For valuable consideration, the employer and the employee agree
as follows:

 

		1.	DUTIES AND JOB DESCRIPTION

		1.1	The employee is employed in the position of CFO and will undertake all necessary duties as are generally performed by
individuals who are employed in such a capacity.

		1.2	The employee also agrees to perform further duties incidental to the general job description.

		1.3	The position is full time necessarily based in Hong Kong.

		1.4	The employee is lawfully employable in Hong Kong and warrants that no immigration consents are required to undertake the duties
envisaged herein.

		2.	PERIOD OF EMPLOYMENT

		2.1	the employee will commence on 1st of April 2018, the employer may, in its absolute discretion, terminate the employee’s
employment, for any reason with one month notice or cause.

		2.2	The working hours of the position shall be from 9 am to 6 pm Monday to Friday (inclusive).

		3.	REMUNERATION

		3.1	Your monthly basic salary will be HK$45,000 at each month-end. It will be calculated on a pro-rata basis if you join in a part
month. Your salary is confidential information which should not be shared or discussed with any colleague or outsider.

		3.2	The employee will also be given the following benefits:

You are entitled to 14 working days’ annual
leave for each completed year of service with us. You will be allocated leave on a pro-rata basis for periods of less than a full
year. This leave accrues on a pro-rata basis and must be taken by 31 December each year.

 

     

     

    

 

		4.	DISCIPLINE

The employee agrees to abide by all the rules and regulations
of the employer at all times while employed.

		5.	TERMINATION

Employment of the employee under this agreement may be terminated:

		(A)	By you giving to 1 month notice in writing, or payment in lieu of notice in which case your employment under this agreement
terminates with effect from the date from which such payment in lieu of notice is calculated and all salary, gratuity, benefits,
allowances, entitlements and perquisites under this agreement cease to accrue from the date of termination; or

		(B)	By giving you 1 month notice in writing, or paying you three month’s wages in lieu of notice of termination in which
case your employment under this agreement terminates with effect from the date from which such payment in lieu of notice is calculated
and all salary, gratuity, benefit, allowances, entitlements and perquisites under this agreement cease to accrue from the date
of termination.

		6.	ENTIRE AGREEMENT

		6.1	No modification of this employment agreement will be effective unless it is in writing and is signed by both the employer and
the employee.

		6.2	This employment agreement binds and benefits both parties and any successors.

		6.3	This employment agreement is governed by the laws of Hong Kong.

		6.4	This employment agreement and any accompanying ‘offer of employment’ is the entire agreement between the employer
and employee.

		6.5	The employee also agrees to sign and/or execute any further document necessary to allow the employer the right, title or patent
to any such inventions or creations.

		7.	NON-SOLICITATION

The employee agrees that she/he will not solicit
or approach any of the employer’s customer’s, clients or suppliers upon the discharge of this employment agreement.
The employee recognizes the employer’s legitimate business interest in respect of the employer’s customer’s,
clients and suppliers and as such agrees that any breach of this clause shall entitle the employer to injunctive relief and/or
liquidated damages and/or account of profits for any said breach, or otherwise.

 

     

     

    

 

		8.	EXECUTION

THE ABOVE TERMS ARE OFFERED BY THE EMPLOYER AND ACCEPTED
BY THE EMPLOYEE AND EVIDENCED BY REQUISTE AND DULY AUTHORIZED SIGNATURES ON THE DATE WRITTEN BELOW. THIS AGREEMENT WILL ONLY BECOME
BINDING WHEN CONDITION 1.4 IS SATISFIED.

 

	Signed by employer	 	Signed by employee
	 	 	 
	/s/ Ratanaphon Wongnapachant	 	/s/ Kim Sing Cheng
	For and on behalf to the employer	 	Print Name : Kim Sing CHENG
	Date: April 1, 2018	 	Date: April 1, 2018

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