Document:

Exhibit 10.10

 

3 Columbus Circle,
24th Floor

New York, New York 10019

 

CONFIDENTIAL

 

December 23, 2021

 

Clay Whitehead

Chief Executive Officer

Papaya
Growth Opportunity Corp. I 2201 Broadway, #750

Oakland, CA 94612

 

		Re:	Engagement of Services

 

Dear
Mr. Whitehead:

 

This will confirm
the basis upon which Papaya Growth Opportunity Corp. I ("Client") has engaged Cohen & Company Capital Markets,
a division of J.V.B. Financial Group, LLC ("CCM"), to provide consulting and advisory services (the "Engagement")
in connection with Client's special purpose acquisition company ("SPAC") initial public offering ("IPO")
of its securities (the "Transaction"). Such services include:

 

		•	Evaluating the feasibility of Client pursuing a potential SPAC IPO transaction, including evaluation
of current SPAC market conditions, advising on Client's sponsor promote structure and terms, and counseling Client as to strategy and
tactics for a potential Transaction;

		•	Strategic advice and guidance with respect to fee and economics recommendations;

		•	Advice with respect to broad categories of prospective investors that may be
                                                                                                                                                       interested in the Transaction (although CCM will not identify specific prospective investors and will not have direct or indirect
                                                                                                                                                       contact with, or otherwise
be involved in soliciting, prospective investors as part of the Transaction);

		•	Marketing message development, including advice and support on positioning
as well as "testing the waters" activities;

		•	Review of Transaction-related material prepared by Client and/or the underwriters;

		•	Book-building analysis;

		•	Deal size analysis; and

		•	Review of share allocations.

 

     

     

    

 

In
addition, following the successful completion of the SPAC's IPO and as part of this Engagement, CCM will provide consulting and advisory
services in support of the SPAC's initial business combination. Such services include evaluation of potential targets and related due
diligence support, strategic advice and guidance on transaction structuring, review of informational and investor materials and consultations
on marketing materials and investor relations activities.

 

The
parties acknowledge that CCM is being retained solely to provide the services set forth herein, and that CCM is not being retained to
act as an underwriter or member of any selling syndicate in connection with the Transaction. Client agrees that CCM shall (a) serve as
an "independent financial adviser" as defined in FINRA
Rule 5110G)(9); (b) provide the services set forth herein independently of the underwriter(s); (c) have no liability to Client, its affiliates
or its securities holders for any actions or omissions of the underwriter(s); and (d) have no responsibility or liability to the underwriter(s)
in connection with the services set forth herein.

 

Further,
CCM is providing the services set forth herein solely in an advisory capacity, and Client retains
full discretion as to whether or not to follow such advice. For
the avoidance of doubt, CCM will not participate in the Transaction (as defined in FINRA Rule 51I0(i)(16)); the execution of the Transaction
(including, but not limited to, structuring of the IPO, solicitation of prospective investors, and negotiation of the terms of the IPO)
will be the responsibility of the underwriter(s). CCM will not
advise on the proposed price range for the offered securities or the key SPAC terms or structure for which securities are offered in the
Transaction.

 

1.                 Fee.
Client shall pay CCM an advisory fee in an amount equal to 0.30% of the aggregate proceeds of the IPO (including proceeds from the
overallotment option if exercised), after deducting the reasonable out-of-pocket expenses incurred by the underwriters (the "Advisor IPO
Fee"), in connection with Transaction. CCM agrees to defer the portion of the Advisor IPO Fee resulting from the
exercise of the overallotment option until the consummation of the SPAC's initial business combination. The portion of the Advisor
IPO Fee resulting from the base deal shall be payable at the closing of the IPO. In addition, Client shall pay CCM an advisory fee
in an amount equal to 0.525% of the aggregate proceeds of the IPO (including proceeds from the overallotment option if exercised),
after deducting the reasonable out-of-pocket expenses incurred by the underwriters (the "Advisor IBC Fee"
and together with the Advisor IPO Fee, the "Advisor
Fees"), in connection with CCM's consulting and advisory services in support of the
SPAC's initial business combination. The Advisor IBC Fee and
any portion of the aggregate 0.825% Advisor Fee attributable to the exercise of the overallotment option will be payable at the
closing of the SPAC's initial business combination. If the IPO does not occur during the Term, then no Advisor Fees shall be payable
to CCM.

 

The fees described
in this paragraph 1 are compensation for the Engagement, which consists of work directly related to the Engagement. Any work outside of
the scope of the Engagement shall be subject to additional compensation as separately agreed by the parties hereto.

 

2.                 Term
of Engagement. This letter agreement shall remain in force until terminated in writing by either party hereto in accordance with
the terms hereof (the "Term"). The
Term may be terminated by either CCM or Client at any time with thirty (30) days' advance
written notice to the other. Termination of this letter agreement shall not affect CCM's right to indemnification or contribution or
payment of the Advisor Fee in accordance with the terms of this letter agreement if the closing of the IPO occurs within twelve (12)
months following the termination of this letter agreement. Without limiting the foregoing, notwithstanding the termination of
this letter agreement, the provisions of this letter agreement shall survive and remain operative in accordance with their
respective terms.

 

     

     

    

 

 

3.                
Scope of Liability. Neither CCM nor any of its control persons, members, managers, officers, employees, or agents shall
be liable to Client or to any other person claiming through Client for any error of judgment or for any claim, loss or expense suffered
by Client or any such other person in connection with the matters to which the Engagement relates except to the extent a claim, loss or
expense arises out of or is based upon any action or failure to act by CCM or any of its control persons, members, managers, officers,
employees, or agents that is found in a final judicial determination (or a settlement tantamount thereto) to constitute bad faith, willful
misconduct or gross negligence on the part of CCM or any such other person.

 

4.                 Indemnity
and Contribution. Subject to Section 8 below and recognizing that transactions of the type contemplated by the Engagement
sometimes result in litigation and that CCM's role is
limited to acting in the capacities described herein, Client agrees to indemnify CCM and its control persons, members, managers,
officers, employees, and agents (each, including CCM, an "Indemnified Person" to
the full extent lawful against any and all claims, losses and expenses as incurred (including all reasonable fees and disbursements
of each such Indemnified Person's counsel and all reasonable travel and other out-of-pocket expenses incurred by each such
Indemnified Person in connection with investigation of and preparation for any such pending or threatened claims and any litigation
or other proceedings arising therefrom) arising out of any actual or proposed Transaction or the Engagement; provided;
however, that there shall be excluded from such indemnification any such claim, loss or expense to the extent that such claim,
loss or expense arises out of, or is related to, any action or failure to act by any Indemnified Person that is found in a final
judicial determination (or a settlement tantamount thereto) to constitute bad faith, willful misconduct or gross negligence on the
part of any Indemnified Person.

 

CCM
shall notify Client in writing if any action, suit or investigation (an "Action" is
commenced against CCM within five (5) days after CCM or any other Indemnified Person shall have been served with a summons or other
first legal process, but failure so to notify Client shall not relieve Client from any liability that it may have hereunder, except
to the extent that such failure so to notify Client materially prejudices Client's rights. Client may assume, at its own expense,
the defense of any Action exercisable upon written notice to CCM and any such Indemnified Person(s), if applicable, within fifteen
(15) days of notice by CCM or such Indemnified Person provided pursuant to the preceding sentence, and such defense shall be
conducted by counsel chosen by Client and reasonably satisfactory to CCM and such Indemnified Person(s), if applicable. The
Indemnified Person shall have the right to participate in the defense of any Action with counsel selected by it subject to the
Client's right to control the defense thereof. The fees and disbursements of such counsel shall be at the expense of the Indemnified
Person, provided, that if in the reasonable opinion of counsel to the Indemnified Person, there exists a conflict of interest
between the Client and the Indemnified Person that cannot be waived, the Client shall be liable for the reasonable fees and expenses
of counsel to the Indemnified Person in each jurisdiction
for which the Indemnified Person determines counsel is required. If the Client elects not to compromise or defend such Action, fails
to promptly notify the Indemnified Person in writing of its election to defend as provided in this letter agreement, or fails
to diligently prosecute the defense of such Action (and such failure to diligently prosecute is judicially
determined), the Indemnified Person may, subject to the next
paragraph, pay, compromise, defend such Action and seek
indemnification for any and all damages, expenses, liabilities and losses based upon, arising from or relating to such Action. The
parties hereto shall cooperate with each other in all reasonable respects in connection with the defense of any Action.

 

     

     

    

 

Notwithstanding
any other provision of this letter agreement, Client shall not enter into any settlement of any Action without the prior written
consent of the Indemnified Person, which consent will not be unreasonably withheld or delayed, except as provided in this paragraph.
If a firm offer is made to settle an Action without permitting or leading to further claims, losses, liability or expense or the
creation of a financial or other obligation on the part of the Indemnified Person and provides, in customary form, for the
unconditional release of each Indemnified Person from all liabilities and obligations in connection with such Action, and Client
desires to accept and agree to such offer, Client shall give written notice to that effect to the Indemnified Person. If the
Indemnified Person fails to consent to such firm offer within ten (10) days after its receipt of such notice, the Indemnified Person
may continue to contest or defend such Action and in such event, the maximum liability of the Client as to such Action shall not
exceed the amount of such settlement offer plus the Indemnified Person's costs and expenses (including reasonable fees and
disbursements of counsel and other out-of-pocket expenses) through the end of such ten (10) day period. If the Indemnified Person
fails to consent to such firm offer and also fails to assume defense of such Action, Client may settle the Action upon the terms set
forth in such firm offer to settle such Action. If the Indemnified Person has assumed the defense pursuant to the previous
paragraph, it shall not agree to any settlement without the written consent of Client (which consent shall not be unreasonably
withheld or delayed).

 

In
the event that the foregoing indemnity is unavailable or insufficient to hold such Indemnified Person(s) harmless, then subject to Section
8 below, Client shall contribute to amounts paid or payable by
such Indemnified Person(s) in respect of such claims, losses and expenses in such proportion as appropriately reflects the relative benefits
received by, and fault of, Client and such Indemnified Person(s) in connection with the matters as to which such claims, losses and expenses
relate and other equitable considerations.

 

5.               Information
Provided to CCM. In performing the services described above, Client agrees to furnish or cause to be furnished to CCM such information
as CCM reasonably believes appropriate to permit CCM to provide the services contemplated by this letter agreement to or for Client (all
such information so furnished being the "Information"). Client
represents and covenants that all Information furnished by Client or its agents will be complete and correct in all material respects,
to the best of Client's knowledge, and that Client will advise CCM immediately of the occurrence of any event or any other change known
by Client or its agents which results in the Information ceasing to be complete and correct in all material respects. Client also represents
and warrants that any projections or forecasts that it provides to CCM will be prepared in good faith and will be based upon assumptions
which the management of Client believes in light of the circumstances in which they are made, are reasonable. Client recognizes and confirms
that CCM (a) will use and rely primarily on the Information and on information available from generally recognized public sources in
performing the services contemplated hereby without having independently verified any of the same, (b) does not assume responsibility
for the accuracy or completeness of the Information and such other information, and (c) will not
make any appraisal of any of the assets or liabilities of Client.

 

     

     

    

 

6.              
Confidentiality. In the event of the consummation and public disclosure of any Transaction, CCM shall have the right to
disclose its advisory role in the Transaction by listing the client name and logo on its website and in its marketing materials.

 

No
analysis, information or advice, whether communicated in written, electronic, oral or other form, provided by CCM or its affiliates to
Client or to its Client Representatives (as such term is defined below) in connection with the Engagement (the "CCM
Information") shall be disclosed by Client or such Client Representatives, in whole or
in part, to any third party, or circulated or referred to publicly, or used for any purpose other than in connection with the Engagement
and the Transaction without the prior written consent of CCM. Neither party may disclose to any third party the existence or terms of
this letter agreement without the prior written consent of the other party. Notwithstanding anything herein to the contrary, the fact
of CCM's Engagement may be disclosed by Client to its affiliates and its directors, officers, accountants, legal advisors and employees
(the "Client Representatives") and to its underwriters to the extent required for the exclusive purpose
of the Engagement or as required by law, rule or regulation. Client
may disclose CCM Information to its Client Representatives solely for purposes directly related to the Engagement and the Transaction
and shall cause each of its Client Representatives to whom the CCM Information is disclosed to commit to keeping such CCM Information
confidential as provided by this Section 6. Client shall be responsible for any direct damages to CCM to the extent caused by breaches
of this Section 6 by any of its Client Representatives.

 

CCM
agrees to keep confidential all nonpublic information provided to it by Client, including without limitation trade information, business
practices, trade secrets, and other proprietary information (the "Client Information"). Notwithstanding
any provision herein to the contrary, CCM may disclose Client
Information to its affiliates, members, officers, accountants, agents, legal advisors and employees (the "CCM
Representatives")
to the extent required for the exclusive purpose of the Engagement. CCM shall cause each of its CCM Representatives to whom the Client
Information is disclosed to commit to keeping such Client Information confidential as provided by this Section 6. CCM shall be responsible
for any direct damages to Client to the extent caused by breaches of this Section 6 by any of its CCM Representatives.

 

Client
Information and CCM Information shall be considered public and
not protected by this letter agreement if (a) it is or becomes generally available to the public other than as a result of a disclosure
by the receiving party or a representative of the receiving party in breach of the terms of this Section 6, (b) it becomes available to
the receiving party on a non-confidential basis from a source not known by the receiving party to be under a duty of confidentiality to
the disclosing party, or (c) if it is already known to the receiving
party at the time of disclosure.

 

Nothing
in this letter agreement shall obligate either party to refrain from disclosure of CCM Information or Client Information (as the case
may be, "Confidential Information") hereunder
to the extent such disclosure is required by law, regulation or judicial process or at the request of a regulatory authority. In the event
that any Confidential Information is required to be disclosed by law, including without limitation, pursuant to the terms of a subpoena
or similar document or in connection with litigation or other legal proceedings, the receiving party of such information hereby agrees,
to the extent permitted by applicable law or regulation, to notify the disclosing party promptly of the existence, terms and circumstances
surrounding such request. To the extent permitted by applicable law or regulation, the receiving party shall allow the
disclosing party, in its sole discretion and at its sole expense, to contest the disclosure of Confidential
Information on the disclosing party's behalf, and the receiving party will reasonably cooperate with the disclosing party in such efforts
to contest such disclosure at disclosing party's expense.

 

     

     

    

 

Each party hereto
acknowledges and agrees that irreparable damage would occur to the other in the event any of the provisions of this Section 6 were not
performed in accordance with their specific terms or were otherwise breached and monetary damages would not be a sufficient remedy for
any such non-performance or breach. Accordingly, each party shall be entitled to specific performance of the terms of this Section 6,
including, without limitation, an injunction or injunctions to prevent breaches of the provisions of this Section 6 and to enforce specifically
the terms and provisions hereof in any court of competent jurisdiction in the State of New York and of the United States of America located
in the Borough of Manhattan, New York City (and appellate courts therefrom) in addition to any other remedy to which such party may be
entitled at law or in equity.

 

The
parties hereto agree that the provisions of this Section 6 will survive the termination of this letter agreement for two (2) years after
such termination.

 

7.           
Governing Law. This letter agreement shall be governed and construed in accordance with the
laws of the State of New York, without regard to conflicts-of-law principles that would result in the application of the laws of another
jurisdiction. Each party hereby irrevocably and unconditionally (a) consents to submit to the exclusive jurisdiction of the courts of
the State of New York and of the United States of America located in the Borough of Manhattan, New York City (and appellate courts therefrom)
for any action, suit or proceeding arising out of or relating to this this agreement (and each party hereby irrevocably and unconditionally
agrees not to commence any such action, suit, or proceeding except in such courts), (b) waives any objection to the laying of venue of
any such action, suit or proceeding in any such courts, and (c)
waives and agrees not to plead or claim that any such action, suit or proceeding brought in any such court has been brought in an inconvenient
forum. EACH PARTY HERETO IRREVOCABLY WAIVES ANY AND ALL RIGHT TO TRIAL BY JURY IN ANY LEGAL PROCEEDING ARISING OUT OF OR RELATING TO THIS
AGREEMENT. To the extent permitted by applicable law, Client hereby waives rights of setoff, and the right to interpose counterclaims
in any lawsuit with respect to, in connection with or arising out of this Engagement, or any other claim or dispute relating to the engagement
of CCM arising between the parties hereto. The provisions of this letter agreement shall be binding solely upon and inure to the benefit
of the Parties hereto and their respective successors and assigns.

 

8.            Trust Account Waiver. CCM acknowledges it has
read the registration statement/preliminary prospectus of
the Client and understands that the Client will establish the trust account referred to in the prospectus for the benefit of the public
stockholders of the Client ("Trust Account")
and that, except for a portion of the interest earned on the amounts held in the Trust Account,
the Client may disburse monies from the trust account only (a) to the public stockholders in the event they elect to redeem shares of
the Client's common stock in connection with the consummation of a business combination, (b) to the public stockholders if the Client
fails to consummate a business combination within the time period set forth in the Client's organizational documents, as disclosed in
the prospectus, or (c) to the Client after or concurrently with the consummation of a business combination. CCM hereby agrees that, notwithstanding
anything to the contrary in this agreement, CCM does not now, nor shall at any time hereafter, have any right, title, interest or claim
of any kind in or to any monies in the Trust Account, or make
any claim against the Trust Account, in connection with or relating to this agreement, the
Engagement or the Transaction, regardless of whether such claim arises based on contract, tort,
equity or any other theory of legal liability (collectively, the "Released Claims");
provided, however, that the foregoing waiver will not limit or prohibit CCM from pursuing (i) a claim against Client or any
other person for legal relief against monies or other assets of Client held outside of the Trust Account (including any funds that have
been released from the Trust Account and any asset that have been purchased or acquired with any such funds) or for specific performance
or other equitable relief in connection with a claim for Client to specifically perform its obligations under this agreement or for fraud
or (ii) a claim CCM may have with respect to its ownership of the SPAC's public securities (the "Retained
Claims").
CCM hereby irrevocably waives any Released Claims that CCM may have against the Trust Account now or in the future as a result of, or
arising out of this agreement, the Engagement or the Transaction and will not seek recourse against the Trust Account for any Released
Claims; provided, however, that CCM does not waive any
Retained Claims.

 

     

     

    

 

 9.               Miscellaneous.

 

(a)              
Client acknowledges and agrees that the services to be provided pursuant to the Engagement will not
include any accounting, tax or legal advice.

 

(b)             
All notices or other communications to be given hereunder shall be in writing and shall be sent by delivery in person, by courier
service, by electronic mail transmission (including, for the avoidance of doubt, by electronic mail transmission containing an electronic
link to a communication or notification that is electronically accessible) or telecopy or by registered or certified mail (postage prepaid,
return receipt requested) addressed as follows or such other address as may be substituted by notice as herein provided:

 

If to Client:

 

Papaya
Growth Opportunity Corp. I 

2201
Broadway, #750

Oakland, CA
94612

 

If to CCM:

 

Cohen & Company Capital Markets

3 Columbus Circle,
24th Floor

New York, NY 10019

Attention:
General Counsel

Electronic
Mail: gc@cohenandcompany.com

 

Any notice given
hereunder shall be deemed to have been given upon the earliest of: (i)
receipt, (ii) three (3) days after being deposited in the
U.S. mail, postage prepaid, registered or certified mail, return receipt requested and (iii) one (1) day after being sent by Federal
Express or other recognized overnight delivery service, return receipt requested. In
the case of notices to and from the U.S. to any other country, such notices shall be deemed to have been given upon the earlier of
(A) receipt and (B) two (2) days after being sent by Federal Express or other recognized courier service, return receipt requested.
In the case of notices sent by electronic mail transmission or telecopy, such
notices shall be deemed to have been given when sent.

 

     

     

    

 

(c)              
The parties understand that CCM is being engaged hereunder as an independent contractor to provide the services described above
solely to Client, and that CCM is not acting as a fiduciary of Client, the security holders or creditors of Client or any other persons
in connection with the Engagement.

 

(d)             
Client understands and acknowledges that CCM and its affiliate Cohen & Company Inc. (collectively,
the "CCM Group"),
engage in providing a wide variety of financial consulting services and other investment banking products and services to a wide range
of institutions and individuals. In the ordinary course of business, the CCM Group and certain of its employees, as well as investment
funds in which they may have financial interests, may acquire, hold or sell, long or short positions, or trade or otherwise effect transactions,
in debt, equity, and other securities and financial instruments (including bank loans and
other obligations) of, or investments in, a party that may be involved in the matters contemplated by this letter agreement. With respect
to any such securities, financial instruments and/or investments, all rights in respect of such securities, financial instruments and
investments, including any voting rights, will be exercised by the holder of the rights, in its sole discretion. In addition, the CCM
Group may currently, and may in the future, have relationships with parties other than Client, including
parties that may have interests with respect to Client, the Transaction or other parties involved in the
Transaction, from which conflicting interests or duties may arise. Although the CCM Group in the course of such other activities and relationships
may acquire information about Client, the Transaction or such other parties, the CCM Group shall have no obligation to, and may not be
contractually permitted to, disclose such information, or the fact that the CCM Group is in possession of such information, to Client
or to use such information on the Client's behalf.

 

(e)              
If any term or provision of this letter agreement or the application thereof to any person or circumstances shall be held invalid
or unenforceable, the remaining terms and provisions hereof and the application of such term or provision to any person or circumstances
other than those to which it is held invalid or unenforceable shall not be affected thereby.

 

(f)               It
is understood and agreed among the parties that this letter agreement and the covenants made herein are made expressly and solely
for the benefit of the parties hereto, and that no other person,
other than an Indemnified Person, shall be entitled or be deemed to be entitled to any benefits or rights hereunder, nor be
authorized or entitled to enforce any rights, claims or remedies hereunder or by reason hereof.

 

(g)              
This letter agreement incorporates the entire agreement, and supersedes all prior agreements, arrangements or understandings (whether
oral or written), between the parties with respect to the subject matter hereof, and may not be amended or modified except in writing
signed by each party hereto.

 

(h)              
This letter agreement may be executed in one or more counterparts, each of which will be deemed to be an original and all of which
together will be deemed to be one and the same document.

 

---SIGNATURE
PAGE FOLLOWS---

 

     

     

    

 

If
you are in agreement with the foregoing, please sign and return the attached copy of this letter
agreement, whereupon this letter agreement shall
become effective as of the date hereof.

 

	 	Very truly yours,
	 	 	 
	 	Cohen & Company Capital Markets
	 	By: J.V.B. Financial Group, LLC
	 	 	 
	 	 	 
	 	By:	/s/
    Lester Brafman
	 	 	Name: Lester
    Brafman
	 	 	Title: CEO

 

 

Acknowledged and Agreed:

 

Papaya Growth Opportunity Corp. I

 

 

	By:	/s/
    Clay Whitehead	 
	 	Name: Clay Whitehead	 
	 	Title: Chief
    Executive Officer	 

 

 

Officer Date: 12/27/21Exhibit 10.11

 

CONSULTING AGREEMENT

 

Effective October 1, 2021 (the “Effective
Date”), Papaya Growth Opportunity Corp I, a Delaware corporation (“Company”), and FintechForce
Inc. (“Consultant”) agree as follows:

 

		1.	SERVICES.

 

1.1.          Performance
of Services. Consultant will perform the services (“Services”) and deliver to Company any deliverables,
designs, modules, software, products, documentation and other materials (“Deliverables”) described in one or
more Statements of Work (“SOW”) in accordance with the schedule and other terms and conditions set forth in
the SOW and this Agreement. In the event of conflict between the provisions of this Agreement and any SOW, the provisions of the SOW shall
control with respect to the Services and Deliverables provided for by such SOW.

 

1.2.          Consultant
Personnel. Consultant will perform all Services only through its regular, full-time employees and through subcontractors approved
in advance in writing by Company (“Personnel”). Consultant acknowledges and agrees that all its Personnel are subject
to Company’s continuing acceptance and that Company expressly reserves the right at any time to reject any Personnel, for any reason.
To the extent that any Consultant Personnel are required to perform Services at a Company facility, Consultant will first ensure that
such Personnel have been informed of Company’s workplace, computer and security policies and procedures, and will comply with such
policies and procedures at all times.

 

1.3.          Acceptance.
If the SOW calls for Deliverables, then, upon delivery, Company will review each Deliverable for conformity with its requirements in the
SOW. If Company rejects a Deliverable, Consultant will promptly correct any failures and redeliver, and the procedure above shall be reapplied
until the Deliverable is accepted or finally rejected. If a Deliverable is finally rejected, Company may terminate this Agreement or the
applicable SOW by 10 days notice unless the Deliverable is accepted during the notice period. Upon any termination of this Agreement,
or otherwise at the request of the Company from time to time, Consultant will deliver copies of all Content then existing in electronic
form as specified by the Company.

 

		2.	PAYMENT

 

2.1.          Fees.
As Consultant’s sole compensation for the performance of Services, Company will pay Consultant the fees specified in the SOW, according
to the terms in the SOW, including acceptance of any Deliverables.

 

2.2.          Expenses.
Unless otherwise provided in the SOW, Company will not reimburse Consultant for any expenses incurred in connection with performing Services.

 

2.3.          Payment
Terms. All fees and other amounts set forth in the SOW, if any, are stated in and are payable in U.S. dollars. Consultant will invoice
Company on a monthly basis for all fees and expenses payable. Company will pay invoices within 10 days of receipt.

 

		3.	RELATIONSHIP OF THE PARTIES

 

3.1.          Independent
Contractor. Consultant is an independent contractor and nothing in this Agreement will be construed as establishing an employment
or agency relationship between Company and Consultant or its Personnel. Consultant has no authority to bind Company by contract or otherwise.
Consultant will perform Services under the general direction of Company, but Consultant will determine, in Consultant’s sole discretion,
the manner and means by which Services are accomplished, subject to the requirement that Consultant will at all times comply with applicable
law.

 

3.2.          Taxes
and Employee Benefits. Consultant will report to all applicable government agencies as income all compensation received by Consultant
pursuant to this Agreement. Consultant will be solely responsible for the payment of all compensation to its Personnel, as well as for
payment of all withholding taxes, social security, workers’ compensation, unemployment and disability insurance or similar items
required by any government agency. Consultant Personnel will not be entitled to any benefits paid or made available by Company to its
employees, including, without limitation, any vacation or illness payments, or to participate in any plans, arrangements or distributions
made by Company pertaining to any bonus, stock option, profit sharing, insurance or similar benefits. Consultant will indemnify and hold
Company harmless from and against all damages, liabilities, losses, penalties, fines, expenses and costs (including reasonable fees and
expenses of attorneys and other professionals) arising out of or relating to any obligation imposed by law on Company to pay any withholding
taxes, social security, unemployment or disability insurance or similar items in connection with compensation received by Consultant pursuant
to this Agreement.

 

3.3.          Liability
Insurance. Consultant acknowledges that Company will not carry any liability insurance on behalf of Consultant. Consultant will maintain
in force adequate liability insurance to protect Consultant from: (1) claims under workers’ compensation and state disability
acts; and (2) claims of personal injury (or death) or tangible or intangible property damage (including loss of use) that arise out
of any act or omission of Consultant or its Personnel.

 

		4.	OWNERSHIP

 

4.1.          Disclosure
of Work Product. Consultant will, as an integral part of the performance of Services, disclose in writing to Company all inventions,
products, designs, drawings, notes, documents, information, documentation, improvements, works of authorship, processes, techniques, know-how,
algorithms, specifications, biological or chemical specimens or samples, hardware, circuits, computer programs, databases, user interfaces,
encoding techniques, and other materials of any kind that Consultant may make, conceive, develop or reduce to practice, alone or jointly
with others, in connection with performing Services, or that result from or that are related to such Services, whether or not they are
eligible for patent, copyright, mask work, trade secret, trademark or other legal protection (collectively, “Work Product”).
Work Product includes without limitation any Deliverables that Consultant delivers to Company.

 

    1

     

    

 

4.2.          Ownership
of Work Product. Consultant and Company agree that, to the fullest extent permitted by applicable law, each item of Work Product
will be a work made for hire owned exclusively by Company. Consultant agrees that, regardless of whether an item of Work Product is a
work made for hire, all Work Product will be the sole and exclusive property of Company. Consultant hereby irrevocably transfers and
assigns to Company, and agrees to irrevocably transfer and assign to Company, all right, title and interest in and to the Work Product,
including all worldwide patent rights (including patent applications and disclosures), copyright rights, mask work rights, trade secret
rights, know-how, and any and all other intellectual property or proprietary rights (collectively, “IP Rights”)
therein. At Company’s request and expense, during and after the term of this Agreement, Consultant will assist and cooperate with
Company in all respects and will cause its Personnel to assist and cooperate with Company in all respects, and will execute documents
and will cause all Consultant Personnel to execute documents, and will take such further acts reasonably requested by Company to enable
Company to acquire, transfer, maintain, perfect and enforce its IP Rights and other legal protections for the Work Product. Consultant
hereby appoints the officers of Company as Consultant’s attorney-in-fact to execute documents on behalf of Consultant for this
limited purpose.

 

4.3.          Moral
Rights. To the fullest extent permitted by applicable law, Consultant also hereby irrevocably transfers and assigns to Company, and
agrees to irrevocably transfer and assign to Company, and waives and agrees never to assert, any and all Moral Rights (as defined below)
that Consultant or any of its Personnel may have in or with respect to any Work Product, during and after the term of this Agreement.
 “Moral Rights” mean any rights to claim authorship of a work, to object to or prevent the modification or destruction
of a work, to withdraw from circulation or control the publication or distribution of a work, and any similar right, existing under judicial
or statutory law of any country in the world, or under any treaty, regardless of whether or not such right is called or generally referred
to as a “moral right.”

 

4.4.          Related
Rights. To the extent that Consultant owns or controls (presently or in the future) any patent rights, copyright rights, mask work
rights, trade secret rights, or any other intellectual property or proprietary rights that may block or interfere with, or may otherwise
be required for, the exercise by Company of the rights assigned to Company under this Agreement (collectively, “Related Rights”),
Consultant hereby grants or will cause to be granted to Company a non-exclusive, royalty-free, irrevocable, perpetual, transferable, worldwide
license (with the right to sublicense) to make, have made, use, offer to sell, sell, import, copy, modify, create derivative works based
upon, distribute, sublicense, display, perform and transmit any products, software, hardware, methods or materials of any kind that are
covered by such Related Rights, to the extent necessary to enable Company to exercise all of the rights assigned to Company under this
Agreement.

 

		5.	CONFIDENTIAL INFORMATION

 

For purposes of this Agreement, “Confidential
Information” means and will include: (1) any information, materials or knowledge regarding Company and its business,
financial condition, products, programming techniques, customers, suppliers, technology or research and development that is disclosed
to Consultant or to which Consultant has access in connection with performing Services; (2) the Work Product; and

 

(3) the terms and conditions of this Agreement.
Confidential Information will not include any information that: (A) is or becomes part of the public domain through no fault of Consultant;
(B) was rightfully in Consultant’s possession at the time of disclosure, without restriction as to use or disclosure; or

 

(C) Consultant rightfully receives from a
third party who has the right to disclose it and who provides it without restriction as to use or disclosure. Consultant agrees to hold
all Confidential Information in strict confidence, not to use it in any way, commercially or otherwise, except in performing Services,
and not to disclose it to others. Consultant further agrees to take all actions reasonably necessary to protect the confidentiality of
all Confidential Information including, without limitation, implementing and enforcing procedures to minimize the possibility of unauthorized
use or disclosure of Confidential Information.

 

		6.	REPRESENTATIONS

 

Consultant represents and warrants that: (1) Consultant
has no pre-existing obligations or commitments (and will not assume or otherwise undertake any obligations or commitments) that would
be in conflict or inconsistent with or that would hinder Consultant’s performance of its obligations under this Agreement; (2) Services
will be performed in a thorough and professional manner, consistent with high professional and industry standards by individuals with
the requisite training, background, experience, technical knowledge and skills to perform Services; (3) the Work Product will not
infringe, misappropriate or violate the rights of any third party, including, without limitation, any IP Rights or any rights of privacy
or rights of publicity, except to the extent any portion of the Work Product is created, developed or supplied by Company or by a third
party on behalf of Company; and (4) all Consultant Personnel who perform Services are and will be bound by written agreements with
Consultant under which: (A) Consultant owns or is assigned exclusive ownership of all Work Product, and (B) Consultant Personnel
agree to limitations on the use and disclosure of Confidential Information no less restrictive than those provided in this Agreement.

 

		7.	INDEMNITY

 

Consultant will defend, indemnify and hold Company
harmless from and against all claims, damages, liabilities, losses, expenses and costs (including reasonable fees and expenses of attorneys
and other professionals) arising out of or resulting from: (1) any action by a third party against Company that is based on a claim
that any Services performed under this Agreement, or the results of such Services (including any Work Product), or Company’s use
thereof, infringe, misappropriate or violate such third party’s IP Rights; and (2) any action by a third party against Company
that is based on any act or omission of Consultant or its Personnel and that results in: (A) personal injury (or death) or tangible
or intangible property damage (including loss of use); or (B) the violation of any statute, regulation or ordinance.

 

    2

     

    

 

		8.	HIRING

 

In the event the Company, its affiliates or its
agents hires or engages any Excluded Personnel other than through FintechForce, the Company will pay FintechForce a conversion fee of
thirty percent of the first year compensation package offered to the consultant by the Company. “Excluded Personnel” means
any personnel who has been employed by FintechForce or its subcontractors within twelve months prior to being hired or engaged by the
Company and who has provided any services to the Company in the performance of the Agreement.

 

		9.	TERM AND TERMINATION

 

This Agreement will commence on the
Effective Date and will remain in force and effect until terminated in accordance with the express terms of this Agreement. Either
party may terminate this Agreement, or any particular SOW or SOWs under it, at any time, for any reason or no reason, upon 30 days
written notice to the other party. Either party may terminate this Agreement, or any particular SOW or SOWs under it, immediately
upon written notice of termination to the other if the other party breaches any material term of this Agreement and fails to cure
such breach within 10 days following written notice of such breach and demand to cure. In the event this Agreement is terminated in
accordance with this section, all extant SOWs under this Agreement shall be terminated as well at the same time. Upon the expiration
or termination of this Agreement for any reason: (1) Consultant will promptly deliver to Company all Work Product, including
all work in progress on any Work Product not previously delivered to Company, if any; (2) Consultant will promptly deliver to
Company all Confidential Information in Consultant’s possession or control; and (3) Company will pay Consultant any accrued
but unpaid fees due and payable under this Agreement. The rights and obligations of the parties under sections 3 through 9 will
survive the expiration or termination of this Agreement.

 

		10.	GENERAL

 

All notices under this Agreement shall be in writing,
and shall be deemed given when personally delivered or three days after being sent by prepaid certified or registered U.S. mail to the
address of the party to be noticed as set forth in this Agreement or such other address as such party last provided to the other by written
notice. This Agreement represents the entire agreement of the parties with respect to its subject matter and no changes or modifications
or waivers or supplements to this Agreement will be effective unless in writing and signed by both parties. This Agreement shall be governed
by and construed in accordance with the laws of the State of California without regard to its conflicts of laws provisions and in the
event of a dispute, the prevailing party will be entitled to attorneys’ fees and costs. Any legal action or proceeding arising under
this Agreement will be brought exclusively in the federal or state courts located in the Northern District of California and the parties
irrevocably consent to the personal jurisdiction of those courts. The parties recognize and agree that “TIME IS OF THE ESSENCE”
with respect to completion, delivery, and correction of development hereunder. This Agreement is not assignable by Consultant but is fully
assignable by Company. The provisions of this agreement are severable and the invalidity or unenforceability of any provisions hereof
shall not affect the validity or enforceability of the other hereof. In the event of a conflict, unless expressly provided otherwise herein,
the terms and conditions of each SOW will take precedence over the terms and conditions of this Agreement. Because the Services are personal
and unique and because Consultant will have access to Confidential Information of Company, Company will have the right to enforce this
Agreement and any of its provisions by injunction, specific performance or other equitable relief, without having to post a bond or other
consideration, in addition to all other remedies that Company may have for a breach of this Agreement at law or otherwise.

 

Intending
to be legally bound to the terms of this Agreement, each of the parties has caused its duly authorized representative to execute this
document as of the Effective Date.

 

	COMPANY:
    PAPAYA GROWTH ACQUISITION CORP I	 	CONSULTANT:
    FINTECHFORCE, INC.	 
	 	 	 	 
	BY:
    	/s/ Clay Whitehead	 	BY:
    	/s/ Daniel C. Rogers	 
	 	 	 	 
	NAME:
    CLAY WHITEHEAD	 	NAME:
    DANIEL C. ROGERS	 
	 	 	 	 
	TITLE:
    CEO	 	TITLE:
    CEO	 
	 	 	 	 
	DATE:
    	11/18/2021	 	DATE:
    	11/18/2021	 
	 	 	 	 

 

    3

     

    

 

STATEMENT OF WORK
#1

 

This Statement of Work Number 1 is issued under
and subject to all of the terms and conditions of the Consulting Agreement dated as of October 1, 2021, between Papaya Growth Opportunity
Corp. I (“Company”) and FintechForce, Inc. (“Consultant”).

 

		1.	DESCRIPTION OF SERVICES

 

Consultant will assist the Company with financial management, planning,
and corporate development services that may include, but are not limited to:

 

CFO Services

 

		●	Support the set-up and preparation for the Company’s initial public offering

 

		●	Coordinate third parties engaged in supporting the Company on and on-going basis

 

		●	Provide direction to third parties as required to achieve Company milestones

 

		●	Support the on-going operations of the Company

 

		●	Participate in identifying, evaluating, and selecting a target company for the Company

 

		●	Support the De-SPACing process

 

		●	Coordinate wind down efforts as required.

 

Financial Planning & Analysis

 

		●	Provide forecasting, financial modeling, and budgeting to support the Company.

 

General

 

		●	Facilitate leadership meetings and other meetings as needed to monitor Company progress, develop a broader understanding of the business
challenges facing the company, and to develop appropriate business plans.

 

Consultant will perform ad hoc services as needed by the Company
from time-to-time as requested and discussed. Daniel C. Rogers will be assigned to perform all of the duties of the Company.

 

		2.	PAYMENT TERMS

 

		2.1.	Fee Schedule

 

	 	Consulting Rates:	$10,000.00 per month, plus Issuance of 50,000 shares of Founders Stock (costing the consultant $0.005 each)

 

	 	Term:	Termination in accordance with Section 9.

 

	 	Start Date:	October 1, 2021

 

		Invoicing:	Consultant will invoice the Company on the 1st of each month following for services provided in the immediately
preceding.

 

		Payment:	The Company will pay the Consultant the outstanding amount owed within 30 days following the initial public
offering. Following the initial public offering, the Consultant will invoice the Company following the invoicing terms outlined above.

 

2.2.          Expenses.
The Company also will reimburse Consultant for reasonable and customary out-of-pocket travel, lodging and related expenses incurred by
Consultant in connection with Consultant’s performance of Services approved in advance by Company in writing. At Company’s
request, Consultant will furnish Company with copies of receipts and other customary documentation for any expenses for which Consultant
requests reimbursement hereunder.

 

    4

     

    

 

AGREED
AS OF October 14, 2021

 

	COMPANY:
    PAPAYA GROWTH OPPORTUNITY CORP I	 	CONSULTANT:
    FINTECHFORCE, INC.	 
	 	 	 	 
	BY:
    	/s/ Clay Whitehead	 	BY:
    	/s/ Daniel C. Rogers	 
	 	 	 	 
	NAME:
    CLAY WHITEHEAD	 	NAME:
    DANIEL C. ROGERS	 
	 	 	 	 
	TITLE:
    CEO	 	TITLE:
    CEO	 
	 	 	 	 
	DATE:
    	11/18/2021	 	DATE:
    	11/18/2021	 
	 	 	 	 

 

    5

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