SEC Contract Filing

Filing Date: 2023-03-20

Document Content:
<DOCUMENT>
<TYPE>EX-10.12
<SEQUENCE>10
<FILENAME>tm239336d1_ex10-12.htm
<DESCRIPTION>EXHIBIT 10.12
<TEXT>
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<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="text-align: right; margin: 0"><B>Exhibit 10.12</B></P>

<P STYLE="margin: 0">&nbsp;</P>

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">This Consulting Agreement (&ldquo;<B>Agreement</B>&rdquo;)
is made as of March 14, 2023 (&ldquo;<B>Effective Date</B>&rdquo;) by and between <B>Design Reactor, Inc. (to be renamed CXApp US, Inc.),</B>
a California corporation (&ldquo;<B>Company&rdquo;</B>), and 3AM LLC, a Delaware limited liability company (&ldquo;<B>Consultant</B>&rdquo;).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><B>WHEREAS</B>, pursuant to
the terms and conditions of that certain Separation and Distribution Agreement, dated as of September 25, 2022 (the &ldquo;<B>Separation
Agreement</B>&rdquo;), by and among Company, Inpixon (&ldquo;<B>Inpixon</B>&rdquo;), CXApp Holding Corp., and KINS Technology Group Inc.
(&ldquo;<B>KINS</B>&rdquo;), Inpixon has separated its Enterprise Apps Business (as defined in the Separation Agreement) from the Inpixon
Retained Business (as defined in the Separation Agreement) (the &ldquo;<B>Separation</B>&rdquo;) and, has completed the Distribution and
Merger (as defined in the Separation Agreement) with KINS;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><B>WHEREAS</B>, in addition
to general business and management matters, Consultant has knowledge and expertise regarding the Enterprise Apps Business, matters related
to Company&rsquo;s public company reporting and compliance matters (&ldquo;<B>Pre-Transaction Business</B>&rdquo;) and other matters related
to the development of strategies in connection public company financing and other strategic transactions (&ldquo;<B>Strategic Transactions</B>&rdquo;);
and</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><B>WHEREAS</B>, Company desires
to retain Consultant as an advisor to Company for the Services, as Defined on <U>Exhibit A</U>; and</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><B>WHEREAS</B>, Consultant
desires to be engaged by Company and to provide the Consulting Services pursuant to such engagement.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><B>NOW, THEREFORE</B>, in
consideration of the premises and the mutual covenants hereinafter set forth, and for other good and valuable consideration, the receipt
and sufficiency of which is acknowledged, and intending to be legally bound hereby, Consultant and Company agree as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">1.<FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><B><U>Services and Payment</U></B>. Consultant agrees to undertake and complete the <B>Services</B> (as defined in <B><U>Exhibit&nbsp;A</U></B>)
in accordance with the applicable statement of work, a form of which is attached as <U>Exhibit A</U> hereto, which will be executed by
both parties (&ldquo;<B>Statement of Work</B>&rdquo;). Unless otherwise specifically agreed upon by Company in writing (and notwithstanding
any other provision of this Agreement), all activity relating to Services will be performed by and only by Consultant or by employees
of Consultant and only those such employees who have been approved in writing in advance by Company (&ldquo;<B>Consultant Personnel</B>&rdquo;).
Consultant agrees that it will not (and will not permit others to) violate any agreement with or rights of any third party or, except
as expressly authorized by Company in writing hereafter, use or disclose at any time Consultant&rsquo;s own or any third party&rsquo;s
(including without limitation the Company&rsquo;s) confidential information or intellectual property in connection with the Services or
otherwise for or on behalf of Company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">2.<FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><B><U>Ownership; Rights; Proprietary Information; Publicity</U></B>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">a.<FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;