Non-Recourse Factoring and Security Agreement Sample Contracts

NON-RECOURSE FACTORING AND SECURITY AGREEMENT

Non-Recourse Factoring and Security Agreement • June 25th, 2020 • Sysorex, Inc. • Services-computer programming services • South Carolina

• Contract Type
  Non-Recourse Factoring and Security Agreement
• Filed
  June 25th, 2020
• Company
  Sysorex, Inc.
• Industry
  Services-computer programming services
• Jurisdiction
  South Carolina

This NON-RECOURSE FACTORING AGREEMENT (the “Agreement”) effective this 11th day of June, 2020 (the “Effective Date”) between Sysorex, Inc., a Nevada corporation, and Sysorex Government Services, Inc., a Virginia corporation, both having their place of business at 13880 Dulles Corner Lane, Suite 175, Herndon, VA 20171 (hereinafter “Seller”), and SouthStar Financial, LLC, its affiliates, successors and/or assigns, as their interests may appear, having its place of business at 840 Lowcountry Blvd., Mount Pleasant, SC 29464 (hereinafter “Purchaser” and collectively with the Seller, the “Parties” or singularly a “Party”).