Document:

Kranem Corporation: Exhibit 10.9 - Filed by newsfilecorp.com

ASSIGNMENT AGREEMENT

THIS Assignment Agreement (the “Agreement”), effective as of March 1, 2005 (the “Effective Date”), is between Xalted Networks, Inc., a Delaware corporation, (the “Assignor”), and Xalted Information
Systems, Ltd., Pvt., an Indian corporation (the “Assignee”). The Assignor and Assignee are hereinafter sometimes referred to collectively as the “Parties” and individually a “Party.” 

WHEREAS, Assignor entered into an agreement (the “Satyam Agreement”) with Satyam Computer Services Limited, an Indian corporation (“Satyam”), on or about September 30, 2004, under which the Assignor agree to
provide inter alia the Bundled Software and support and maintenance of such Bundled Software in connection with the BSNL IOBAS Project, as such terms are defined in the Satyam Agreement; 

WHEREAS, Assignor and Assignee entered into a Software License and Operating Agreement, dated May 22, 2002, as amended on July 31, 2002 (the “Operating Agreement”), under which the Assignee agreed inter alia to develop
software for the Assignor; 

WHEREAS, the Assignor has a license to distribute and support the Bundled Software worldwide except for Italy and India 

WHEREAS, the Assignee has a license to distribute and support the Bundled Software in India. 

WHEREAS, the Assignee has been responsible for the Assignor’s development activities under the Satyam Agreement; 

NOW, THEREFORE, for good and valuable consideration, the receipt and adequacy of which ie hereby acknowledged, the Parties agree as follows: 

	
 	
1.	
Assignment and Partial Payment of Amount Owed. Assignor hereby assigns and transfers to Assignee and its representatives, successors and assigns all of Assignor’s right, title and interest in and to the Satyam Agreement, including
without limitation the right to any future payments thereunder. Assignee agrees to accept the assignment of Assignor’s rights, duties, responsibilities and obligations under the Satyam Agreement and to relieve the Assignor of any such rights,
duties, responsibilities and obligations under the Satyam Agreement. As of the Effective Date, when this Agreement shall become effective, Assignor acknowledges and agrees that Satyam shall no longer have any obligation of any nature, including
without limitation future payments, to the Assignor under the Satyam Agreement.
	

	
 	
 	
 
	
 	
2. 		
Warrants and Representations of Assignor. The Assignor warrants and represents that (i) the Satyam Agreement is a valid agreement between the Assignor and Satyam and legally binds the Assignor and Satyam to its terms and conditions; (ii)
as of the Effective Date, Satyam is fully in compliance with the Satyam Agreement and the terms and conditions
therein; (iii) as of the Effective Date, the Assignor is fully in compliance with the Satyam Agreement and its terms and conditions; (iv) Satyam is current with respect to the payments under the Satyam Agreement; (v) the Assignee is fully owned by
the Assignor; and (vi) the Assignee is an affiliate of the Assignor as such term is used in Section 8.1 of the Satyam Agreement.
	

 

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3. 		
Miscellaneous.

	
	 	 	 	 
	 		
a. 		
Any claim or controversy arising out of or relating to this Agreement shall be settled by arbitration in California in accordance with the Commercial Arbitration Rules of the American Arbitration Association, and judgment on the
award rendered maybe entered in any court having jurisdiction. Costs of the arbitration shall be borne equally by the Patties.

	
	 	 	 	 
	 		
b. 		
The headings of the several paragraphs of this Agreement are inserted solely for convenience of reference and are not part of and are not intended to govern, limit or aid in the construction of any tern or provision herein.

	
	 	 	 	 
	 		
c. 		
No waiver by a Party of any breach of or default under this Agreement shall be deemed to be a waiver of any other breach or default of any kind or nature, whether or not such Party knows of such breach or default at the time it
accepts such payment or performance. No failure or delay on the part of a Party to exercise any right it may have with respect to this Agreement shall prevent the exercise thereof by such Party at any time such other Party may continue to be so in
default, and no such failure or delay shall operate as a waiver of any default. A failure by either Party to insist upon strict compliance with any of the terms of this Agreement in any instance shall not be construed as a waiver of such terms in
the fixture.

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

	
	 	 	 	 
	 		
e. 		
This Agreement may be signed by facsimile:.

	
	 	 	 	 
	 		
f. 		
The terms and conditions contained in this Agreement that by their sense and context are intended to survive the performance hereof by either or both Parties hereunder shall so survive the completion of performance, cancellation
or termination of this Service Agreement.

	
	 	 	 	 
	 		
g. 		
This Agreement shall constitute a contract under the laws of the State of California and shall be governed and construed in accordance with the laws of the State of California without regard to its rules concerning conflicts of laws. Any suit brought hereunder shall be brought in the City of San Jose, California.

	

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h. 		
Unless otherwise agreed to in writing, this Agreement, including the exhibits hereto, reflects the entire understanding of the Parties concerning the matter contained herein and supercedes all other agreements and understandings
between the Parties relating to the subject matter hereof.

	
	 	 	 	 	 
	
 	
 	
i. 		
This Agreement may not be amended, revised, superceded, changed or modified in any manner whatsoever except pursuant to a written amendment signed by both of the Parties hereto.

	
	 	 	 	 	 
	
 	
 	
j. 		
Except as specifically set forth herein, nothing contained herein shall be construed to permit assignment by either Party of any right or obligation hereunder and any such assignment is expressly prohibited.

	
	 	 	 	 	 
	
 	
 	
k. 		
All written notices permitted or required to be delivered by the provision of this Agreement shall be deemed so delivered when actually delivered by hand or facsimile or when placed in the mail to the following addresses:

	
	 	 	 	 	 
	 	 		
(i) 		
To Assignor its address on file with the Assignor, as changed from time to time.

	
	 	 	 	 	 
	 	 		
(ii) 		
To Assignee: its headquarters address, as changed from time to time.

	
	 	 	 	 	 
	 	 		
Or to such other addresses as the Parties may from time to time designate in writing.

	
	 	 	 	 	 
	
 	
 	
l. 		
Each Party hereto warrants and represents that it has the right, power and authority to enter into and fully discharge its respective obligations hereunder.

	
	 	 	 	 	 
	
 	
 	
m. 		
Each Party will execute and deliver all such further documents and take all such further actions, as may be reasonably required or appropriate to carry out the intent and purposes of this Agreement

	
	 	 	 	 	 
	
 	
 	
n. 		
Each Party shall comply with all applicable laws and regulations in connection with its activities under this Agreement.

	
	 	 	 	 	 
	
 	
 	
o. 		
Except as set forth herein, this Agreement is made solely for the benefit of the Parties hereto and does not, and shall not be construed to, grant any rights or remedies to any other person or entity.

	

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	 	 	p. 	
      If any provision of this Agreement is determined to be
      illegal, invalid or otherwise unenforceable, then to the extant necessary
      to make such provision and/or this Agreement legal, valid or otherwise
      enforceable, such provision will be limited, construed or severed and
      deleted from this Agreement, and the remaining portion of such provision
      and the remaining other provisions hereof shall survive, remain in full
      force and effect and continue to be binding, and shall be interpreted to
      give effect to the intention of the Parties hereto insofar as that is
      possible.

	 	 	 	 
	 	 	q. 	
      The normal rule of construction that an agreement shall
      be interpreted against the drafting party shall not apply to this
      Agreement.

	 	 	 	 
	 	 	r. 	
      This Agreement shall be binding upon and inure to the
      benefit of the successors and assigns of the Parties hereto, subject to
      the restrictions on assignment contained herein.

	 	 	 	 
	 	 	s. 	
      If any arbitration or other legal action is initiated by
      either of the Parties hereto, the prevailing Party shall be entitled to
      recover from the other Party reasonable attorneys’ fees in addition to any
      other relief that may be awarded.

IN WITNESS THEREOF, the Parties hereto have caused this
Agreement to be executed by their respective duly authorized representatives.

	ASSIGNEE 	ASSIGNOR 
	  	  
	/s/ Raj Manikonda                       
    
    	/s/Pratap Kondamoori                   
     
	Name: Raj Manikonda 	Name: Pratap Kondamoori 
	Title: Managing Director 	Title; President and CEO 
	Dated: March 1, 2005 	Dated: March I, 2005 

CONSENT TO ASSIGNMENT

Satyam acknowledges that it has read the foregoing Agreement.
Satyam hereby consents to the assignment of the Satyam Agreement by Assignor to
the Assignee. Satyam agrees to make future payments under the Satyam Agreement
to the Assignee. Satyatu agrees to accept future invoices from Assignee under
the Satyam Agreement. 

SATYAM

Signature: /s/ Chandra Modali                      

Name: Chandra Modali

Title: Assistant Vice President

Dated: January 3, 2005

Page 4 of 4Kranem Corporation: Exhibit 10.10 - Filed by newsfilecorp.com

RENEWAL AMENDMENT

To 

AGREEMENT 

dated 15th September, 2004 

(“Agreement”)

Between 

SATYAM COMPUTER SERVICES LIMITED 

And 

XALTED NETWORK, INC

This Renewal Amendment to the above referenced Agreement is entered into and made effective as of 25th July 2008 (“Amendment Effective Date”) by and between Satyam Computer Services Ltd, having its registered office at,
Mayfair Building, S. P Road, Secunderabad. Pin: 500003 (“Satyam”) and Xalted Network, Inc with its principal place of business at 2350 Mission College Blvd, Suite #950, Santa Clara, CA 95054 (“XNI”). 

In consideration of the mutual covenants contained herein, and for such other good and valuable consideration, the sufficiency of which is acknowledged by the parties hereto, the Agreement shall be amended as follows: 

	
1. 		
The parties agree to extend the term of the Agreement for an additional term of one (1) year from the end of the current term to as April 2009.

	
	 	 
	
2. 		
Section 2.13.2 is deleted completely.

	
	 	 
	
3. 		
Section 2.13.1 is modified as follows:

	

“XNI will provide the Bundled software required for BSNL IOBAS project, to Satyam at a price of Rs0.857 per 1000 priced interconnect CDRs for volumes upto 100 million priced interconnect CDRs per day. These rates are retrospectively effective
from April 2008 to April 2009 (Limited to completion of bill cycle activities pertaining to March 2009)”. This price is inclusive of all duties, taxes and levies. 

	
4. 		
Except as specifically modified herein, all other provisions of the Agreement remain in full force and effect.

	

 

IN WITNESS WHEREOF, the parties hereto have caused this
Amendment to the Agreement to be executed by their duly authorized
representatives as of the Amendment Effective Date. 

	SATYAM COMPUTER SERVICES LIMITED 		XALTED NETWORKS INC 
			
	Signature
    /s/ B.
      Rama Raju                 
     		Signature /s/ Ajay M. Batheja            
     
	Name: B. Rama Raju 		Name: Ajay M. Batheja 
	Title: Managing Director 		Title: Chief Executive Officer 
	Date:
    2nd
      /Sept/2008                            
     		Date:
      5th Sep 08                                     
     

2

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