Agreement dated December 19, 2023 between The Pipeline Group, Inc. and authID Inc

EX-10.1 2 ea190517ex10-1_authidinc.htm AGREEMENT DATED DECEMBER 19, 2023 BETWEEN THE PIPELINE GROUP, INC. AND AUTHID INC.

Exhibit 10.1

 

Confidential Material Omitted – To be filed separately with the Securities and Exchange Commission upon request. Double asterisks denote omissions.

 

ORDER FORM
   
Ken Jisser, CEO  
The Pipeline Group  
1625 The Alameda, Suite 402  
San Jose, CA 95126  
Phone: (408) 348-5069  
Email: [**]  
   
Rhon Daguro, CEO  
Ed Sellitto, CFO  
Graham Arad, General Counsel  
AuthID Inc.  
1580 N. Logan St, Ste 660, Unit 51767  
Denver, Colorado 80203  
   
BANK DETAILS:  
   
Bank of America  
6490 Camden Ave, San Jose CA 95120  
Phone: (408) 977-4820
  
Account Name: The Pipeline Group  
Account Number: [**]  
Routing Number: [**]  

 

 

TPG Addendum

Addendum to TPG Order Form (June 2023 as amended October 2023)

DocuSign Envelope ID: 178E234E-0EFC-44C7-A643-1A475E8A6B44

 

Launchpad xDR as a Service   Deliverables
     

1. Two (2) Full-Time Equivalent Business Development Representatives (xDRs) – xDRs As A Service for outbound calling

- [**]

  [**]
     

2. xDR Support (xDR) - xDR Support Rep for Full-Time Equivalent xDR

- [**]

  [**]

 

 

 

 

Technology Package

 

Technology   Deliverables
     
LaunchQTM [**]   [**]
     
TPG Task & Activity Outcome Package – [**]   [**]
     
TPG Exception Reporting – [**]   [**]
     
TPG Meeting Influence Tracking – [**]   [**]
     
TPG Account Matcher – [**]   [**]
     
TPG Predictable Pipeline Reporting – [**]   [**]
     
TPG Email Engagement – [**]   [**]

 

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Project Assumptions

 

Assumption   Comments
     
1. Customer will provide timely access to sales and marketing content and collateral.    
     
2. Automated Dialer licenses are included   List price $[**]/Month
     
3. Travel expenses are not included   Travel and Expenses will be approved in advance by Customer and added to a separate invoice.
     
4. The TPG Data & Technology Package is included in the active services agreement.   All data & technology included during the term of this agreement.
     
5. Custom or Salesforce APEX code development not in scope    
     

6. Anticipated Results (per xDR):

[**]

  [**]
     
7. CRM license fees not included   CRM license fees are included when operating in The Pipeline Group Salesforce org.
     
8. TPG Data Services   Human-verified data [**] records per month per xDR. For example, if there are [**] xDRs assigned to the customer, the xDR team would receive up to [**] records per month. [**]

 

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Terms

 

Start Date   End Date   Terms   Price
1/1/2024   6/18/2024   Term: Co-termed with “TPG Order Form (June 2023 as amended October 2023)”.  

The Pipeline Group PE Partner Package

Main Tasks & Products 1-2

             
        DocuSign Envelope ID: 178E234E-0EFC-44C7-A643-1A475E8A6B44  

Total Price: [**] per Month

Co-termed with Original “TPG Order Form (June 2023)”

 

Payments  Terms 
Project Scope: Main Tasks 1-2     
Add [**] additional xDR as a Service at [**].  $[**] 

 

Monthly payments are due on the 20th business day of every month and The Pipeline Group will invoice 30 days in advance. The terms, pricing, and conditions included herein expire if this proposal is not executed on or before 12/28/2023.

 

Please make all checks or wire transfers payable to The Pipeline Group, Inc.

 

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Signatories

 

authID Inc.   The Pipeline Group, Inc.
     
Signed /s/ Ed Sellitto   Signed   /s/ Ken Jisser
Name Ed Sellitto   Name Ken Jisser
Title CFO   Title CEO
Date 12/19/2023   Date 12/19/2023

 

The information contained in this order form is confidential information.

 

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Exhibit A

 

Payment Schedule

 

Subscription Period  January 1, 2024 - June 18, 2024 
Term Length   6 (months) 
30-Day Set-up & Configuration  $[**] 
Monthly Per xDR Price (List)  $[**] 
Monthly Per xDR Price (Discount)  $[**] 
Monthly Price  $98,000 
Total Price  $574,000 
Deliverables   [**] 

 

[**]111

 

This Payment Schedule replaces and supersedes the Payment Schedule in the Order Form dated effective as of October 16, 2023

 

 

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