Amendment and Assignment of Software Licensing Agreement between Arna Global, LLC and Sunalpha Green Technologies Private Limited

Summary

This amendment, dated December 16, 2015, modifies the Software Licensing Agreement originally entered into on April 1, 2015, between Arna Global, LLC (Licensor) and Sunalpha Green Technologies Private Limited (Licensee). The amendment assigns all of Arna Global's rights and obligations under the agreement, including the right to receive compensation, to TripBorn, Inc. Both parties agree to this transfer by signing the letter.

EX-10.3 4 ex10_3.htm EXHIBIT 10.3 ex10_3.htm

Arna Global LLC	Exhibit 10.3
514 Lothian Way
Abingdon, MD 21009

December 16, 2015

Sunalpha Green Technologies Private Limited

812 Venus Atlantis Corporate Park

Prahladnagar, Ahmedabad, Guajrat, India 380015

Re:

Amendment to Software Licensing Agreement between Sunalpha Green Technologies Private Limited and Arna Global, LLC entered into April 1, 2015

Dear Sunalpha Green Technologies Private Limited,

This letter amendment herein amends the Software Licensing Agreement between Sunalpha Green Technologies Private Limited (“Licensee”) and Arna Global, LLC (“Licensor”) entered into April 1, 2015 (the “Agreement”). Capitalized terms used herein and not otherwise defined herein shall have the respective meanings ascribed thereto in the Agreement

Licensor and Licensee hereby agree, amend, and consent to Licensor’s conveyance, assignment, transfer, and deliver to TripBorn, Inc., a Delaware limited liability company of all of Licenor’s privileges and obligations under the Agreement including for the avoidance of doubt the right to receive all Compensation.

Please confirm your agreement with the foregoing by signing and returning a copy of this Letter to the undersigned.

	SUNALPHA GREEN TECHNOLOGIES
	PRIVATE LIMITED
	By:	/s/ Deepak Sharma
	Name:	Deepak Sharma
	Title:	President and Managing Director

ARNA GLOBAL, LLC
By:	/s/ Deepak Sharma
Name:	Deepak Sharma
Title:	President