SEC Contract Filing

Filing Date: 2020-09-11

Document Content:
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<TYPE>EX-10.1
<SEQUENCE>2
<FILENAME>ex10-1.htm
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<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

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

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<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">EXCHANGE
AGREEMENT</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>EXCHANGE
AGREEMENT </B>(the &ldquo;<B><I>Agreement</I></B>&rdquo;) is made as of September 10, 2020, by and between AMERI Holdings, Inc.,
a Delaware corporation (the &ldquo;<B><I>Company</I></B>&rdquo;), and the investor signatory hereto (the &ldquo;<B><I>Investor</I></B>&rdquo;).</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>WHEREAS</B>,
the Investor is the holder of a certain 7.25% Secured Convertible Note issued by the Company on February 24, 2020 in the original
principal amount of $1,000,000, plus accrued interest on such obligations (collectively, the &ldquo;<B><I>Existing Securities</I></B>&rdquo;);</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>WHEREAS</B>,
the Investor holds the Existing Securities of the Company set forth on the Investor&rsquo;s signature page attached hereto;</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>WHEREAS</B>,
subject to the terms and conditions set forth in this Agreement and in reliance on Section 3(a)(9) of the Securities Act of 1933,
as amended (the &ldquo;<B><I>Securities Act</I></B>&rdquo;), the Company desires to exchange with the Investor, and the Investor
desires to exchange with the Company, the Existing Securities for a new convertible 7.25% Debenture convertible into shares of
Common Stock set forth on the Investor&rsquo;s signature page hereto (the &ldquo;<B><I>Debenture</I></B>&rdquo; or the &ldquo;<B><I>Exchange
Securities</I></B>&rdquo;); and</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>NOW,
THEREFORE, </B>for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, and in consideration
of the premises and the mutual agreements, representations and warranties, provisions and covenants contained herein, the parties
hereto, intending to be legally bound hereby, agree as follows:</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">1.
<U>Exchange</U>. On Closing Date (as defined below), subject to the terms and conditions of this Agreement, the Investor shall,
and the Company shall, pursuant to Section 3(a) (9) of the Securities Act, exchange the Existing Securities for the Exchange Securities.
Subject to the conditions set forth herein, the exchange of the Existing Securities for the Exchange Securities shall take place
at the offices of Sheppard, Mullin, Richter &amp; Hampton, LLP or at such other place as the Company and the Investor mutually
agree (the &ldquo;<B><I>Closing</I></B>&rdquo; and such date, the &ldquo;<B><I>Closing Date</I></B>&rdquo;). At the Closing, the
following transactions shall occur (such transaction an &ldquo;<B><I>Exchange</I></B>&rdquo;):</FONT></P>

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