SEC Contract Filing

Filing Date: 2020-08-14

Document Content:
<DOCUMENT>
<TYPE>EX-10.7
<SEQUENCE>3
<FILENAME>f10q0620ex10-7_inpixon.htm
<DESCRIPTION>AMENDMENT NO. 4 TO INPIXON 2018 EMPLOYEE STOCK INCENTIVE PLAN.
<TEXT>
<HTML>
<HEAD>
 <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="text-align: right; margin: 0"><B>Exhibit 10.7</B></P>

<P STYLE="margin: 0; text-align: right"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: center"><B>AMENDMENT TO THE INPIXON 2018 EMPLOYEE
STOCK INCENTIVE PLAN</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 8pt 0 0; text-align: justify; text-indent: 24pt">This Amendment (the
&ldquo;Amendment&rdquo;) to the Inpixon 2018 Employee Stock Incentive Plan (the &ldquo;Plan&rdquo;) is made pursuant to Section
12 of the Plan. Capitalized terms used and not otherwise defined herein shall have the respective meanings ascribed to them in
the Plan.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 8pt 0 0; text-align: justify; text-indent: 24pt"><B>WHEREAS</B>, the
Plan was approved and adopted by the board of directors (the &ldquo;Board&rdquo;) of Inpixon (the &ldquo;Company&rdquo;) on January
4, 2018 and approved by the stockholders of the Company on February 2, 2018;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 8pt 0 0; text-align: justify; text-indent: 24pt"><B>WHEREAS</B>, Section
12.2 of the Plan provides that the Board may modify or amend the Plan in whole or in part and from time to time in such respects
as it deems advisable;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 8pt 0 0; text-align: justify; text-indent: 24pt"><B>WHEREAS</B>, the
Board has determined that it is in the best interest of the Company and its stockholders to amend the Plan as set forth below.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 8pt 0 0; text-align: justify; text-indent: 24pt"><B>NOW THEREFORE</B>,
the Plan is amended as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 8pt 0 0 24pt; text-align: justify; text-indent: -12pt">1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Section
4.2.</U> Section 4.2 is hereby amended and restated with the following:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 8pt 0 0; text-align: justify; text-indent: 24pt">&ldquo;<I>Maximum
Stock Option Grant</I>. With respect to Stock Options which are intended to qualify as Incentive Stock Options, the aggregate Fair
Market Value (determined as of the time the Stock Option is granted) of the Common Stock with respect to which Incentive Stock
Options granted to any participant (whether under this Plan or under any other stock option plan of the Company or its Subsidiaries)
become exercisable for the first time in any calendar year, may not exceed $100,000. Notwithstanding the forgoing, nothing contained
in the Plan shall be construed to prohibit the grant of Stock Options under the Plan to an Eligible Person by reason of such person
holding Stock Options to purchase shares of Common Stock or any other securities of the Company granted otherwise than under the
Plan<B><I>.</I></B><I>.</I>&rdquo;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 8pt 0 0; text-align: justify">In all other respects, the terms and
conditions of the Plan shall remain the same.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 8pt 0 0; text-align: center">[<I>Signature page follows.</I>]</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 8pt 0 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 8pt 0 0; text-align: center"></P>

<!-- Field: Page; Sequence: 1 -->
 <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><P STYLE="margin: 0pt"></P></DIV>
 <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
 <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 8pt 0 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 8pt 0 0; text-align: justify; text-indent: 24pt">IN WITNESS WHEREOF,
the Company has adopted this Amendment, effective as of the 10th day of August, 2020.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 8pt 0 0; text-align: center">&nbsp;&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
 <TD>&nbsp;</TD>
 <TD STYLE="white-space: nowrap">&nbsp;</TD>
 <TD COLSPAN="3" STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>INPIXON</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
 <TD STYLE="width: 63%">&nbsp;</TD>
 <TD STYLE="white-space: nowrap; width: 1%">&nbsp;</TD>
 <TD STYLE="width: 3%; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By:</FONT></TD>
 <TD STYLE="white-space: nowrap; width: 1%">&nbsp;</TD>
 <TD STYLE="width: 32%; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;/s/ Nadir Ali</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
 <TD>&nbsp;</TD>
 <TD STYLE="white-space: nowrap">&nbsp;</TD>
 <TD>&nbsp;</TD>
 <TD STYLE="white-space: nowrap">&nbsp;</TD>
 <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name: Nadir Ali</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
 <TD>&nbsp;</TD>
 <TD STYLE="white-space: nowrap">&nbsp;</TD>
 <TD>&nbsp;</TD>
 <TD STYLE="white-space: nowrap">&nbsp;</TD>
 <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title: Chief Executive Officer</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">&nbsp;</P>
<P