SEC Contract Filing

Filing Date: 2024-04-04

Document Content:
<DOCUMENT>
<TYPE>EX-10.1
<SEQUENCE>3
<FILENAME>ea020334201ex10-1_aerkomm.htm
<DESCRIPTION>SPONSOR SUPPORT AGREEMENT, DATED AS OF MARCH 29, 2024, BY AND AMONG AERKOMM INC., IX ACQUISITION CORP. AND AKOM MERGER SUB, INC
<TEXT>
<HTML>
<HEAD>
 <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B>Exhibit 10.1</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>SPONSOR SUPPORT AGREEMENT</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">This SPONSOR SUPPORT AGREEMENT
(this &ldquo;<U>Agreement</U>&rdquo;) is dated as of March&nbsp;29, 2024, by and among IX Acquisition Sponsor LLC, a Delaware limited
liability company (the &ldquo;<U>Sponsor</U>&rdquo;),&nbsp;IX Acquisition Corp., a Cayman Islands exempted company limited by shares (which
will de-register from the Register of Companies in the Cayman Islands by way of continuation out of the Cayman Islands and into the State
of Delaware so as to migrate to and domesticate as a Delaware corporation prior to the Closing) (before and after such domestication,
&ldquo;<U>Parent</U>&rdquo;), and AERKOMM,&nbsp;Inc., a Nevada corporation (the &ldquo;<U>Company</U>&rdquo;). Capitalized terms used
but not defined herein shall have the respective meanings ascribed to such terms in the Merger Agreement (as defined below).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>RECITALS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">WHEREAS, as of the date hereof,
the Sponsor is the holder of record and the &ldquo;beneficial owner&rdquo; (within the meaning of Rule&nbsp;13d-3 under the Exchange Act)
of the Parent Common Shares, Parent Units and Parent Warrants set forth on <U>Schedule I</U> attached hereto (all such securities of Parent
(including securities underlying such securities), or any successor or additional securities of Parent of which ownership is hereafter
acquired by the Sponsor prior to the termination of this Agreement are referred to herein as the &ldquo;<U>Subject Securities</U>&rdquo;);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">WHEREAS, contemporaneously
with the execution and delivery of this Agreement, Parent, AKOM Merger Sub,&nbsp;Inc., a Nevada corporation and a direct wholly owned
subsidiary of Parent (&ldquo;<U>Merger Sub</U>&rdquo;) and the Company have entered into that certain Merger Agreement, dated as of the
date hereof (as amended, modified or supplemented from time to time, the &ldquo;<U>Merger Agreement</U>&rdquo;), pursuant to which, among
other transactions, Merger Sub will merge with and into the Company, with the Company continuing on as the surviving entity and a wholly
owned subsidiary of Parent, on the terms and subject to the conditions set forth therein;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">WHEREAS, on the day that is
at least one Business Day prior to the Effective Time and subject to the conditions of the Merger Agreement, Parent shall de-register
from the Register of Companies in the Cayman Islands by way of continuation out of the Cayman Islands and into the State of Delaware so
as to migrate to and domesticate as a Delaware corporation in accordance with Parent&rsquo;s organizational documents, Section&nbsp;388
of the DGCL and the Cayman Companies Act; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">WHEREAS, as an inducement
to Parent and the Company to enter into the Merger Agreement and to consummate the transactions contemplated therein, the parties hereto
desire to agree to certain matters as set forth herein.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">NOW, THEREFORE, in consideration
of the foregoing and the mutual agreements contained herein, and intending to be legally bound hereby, the parties hereto hereby agree
as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="text-transform: uppercase"><B>ARTICLE&nbsp;I<BR>
SUPPORT AGREEMENT; COVENANTS</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section&nbsp;1.1 <U>Binding
Effect of Merger Agreement</U>. The Sponsor hereby acknowledges that it has read the Merger Agreement and this Agreement and has had the
opportunity to consult with its tax and legal advisors. Until the Expiration Time (as defined below), the Sponsor shall be bound by and
comply with <U>Sections 6.2</U> (<I>Exclusivity</I>) and <U>11.5</U> (<I>Publicity</I>) of the Merger Agreement (and any relevant definitions
contained in any such Sections) as if (a)&nbsp;the Sponsor was an original signatory to the Merger Agreement with respect to such provisions,