Item 1.02 Termination of a Material Definitive Agreement.

On December 30, 2022, Sonasoft Corp. (the "Company") and Information Visibility Technology, LLC ("IVT") entered into a certain termination agreement (the "Termination Agreement") in which the parties agreed to terminate a Development License and Reseller Agreement, dated as of August 10, 2021 (the "License Agreement") in accordance with the provisions of the Termination Agreement and the License Agreement. Under License Agreement, Sonasoft licensed certain artificial intelligence and machine learning applications, and the parties intended to collaborate on the marketing and sale of AI applications. After utilizing commercially reasonable efforts, the parties determined it was in their mutual best interests to terminate the License Agreement and pursue alternative endeavors. The parties have agreed to a mutual full release of the liabilities and obligations under the License Agreement.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits. The following exhibits are filed herewith.





Exhibit No.   Description
  10.1          Termination Agreement dated as of December 30, 2022 by and between
              the Company and IVT





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