<SEC-DOCUMENT>0001493152-17-010900.txt : 20170926
<SEC-HEADER>0001493152-17-010900.hdr.sgml : 20170926
<ACCEPTANCE-DATETIME>20170926083639
ACCESSION NUMBER:		0001493152-17-010900
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		6
CONFORMED PERIOD OF REPORT:	20170925
ITEM INFORMATION:		Entry into a Material Definitive Agreement
ITEM INFORMATION:		Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20170926
DATE AS OF CHANGE:		20170926

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			INTELLINETICS, INC.
		CENTRAL INDEX KEY:			0001081745
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-PREPACKAGED SOFTWARE [7372]
		IRS NUMBER:				870613716
		STATE OF INCORPORATION:			NV
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-31671
		FILM NUMBER:		171100898

	BUSINESS ADDRESS:	
		STREET 1:		2190 DIVIDEND DRIVE
		CITY:			COLUMBUS
		STATE:			OH
		ZIP:			43228
		BUSINESS PHONE:		6143888909

	MAIL ADDRESS:	
		STREET 1:		2190 DIVIDEND DRIVE
		CITY:			COLUMBUS
		STATE:			OH
		ZIP:			43228

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	GLOBALWISE INVESTMENTS INC
		DATE OF NAME CHANGE:	20000928
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>form8-k.htm
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="margin: 0; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="margin: 0; font: 10pt Times New Roman, Times, Serif"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B></B></FONT></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 0; margin-bottom: 0"><DIV STYLE="font-size: 1pt; border-top: Black 4pt solid; border-bottom: Black 1.5pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 18pt"><B>UNITED
STATES</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 18pt"><B>SECURITIES
AND EXCHANGE COMMISSION</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt"><B>Washington,
D.C. 20549</B></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 18pt"><B>FORM
8-K</B></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>CURRENT
REPORT</B></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Pursuant
to Section 13 or 15(d) of</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>The
Securities Exchange Act of 1934</B></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Date
of Report (Date of earliest event reported): September 25, 2017</B></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 18pt"><B>INTELLINETICS,
INC.</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>(Exact
name of Registrant as specified in its charter)</B></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 32%; text-align: center; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Nevada</B></FONT></TD>
    <TD STYLE="width: 2%; text-align: center; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 32%; text-align: center; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>000-31671</B></FONT></TD>
    <TD STYLE="width: 2%; text-align: center; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 32%; text-align: center; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>87-0613716</B></FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>(State
    or other jurisdiction <BR>
of incorporation)</B></FONT></TD>
    <TD STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>(Commission
    </B><BR>
    <B>File Number)</B></FONT></TD>
    <TD STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>(I.R.S
    Employer </B><BR>
    <B>Identification No.)</B></FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 66%; text-align: center; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>2190
    Dividend Dr., Columbus, Ohio</B></FONT></TD>
    <TD STYLE="width: 2%; text-align: center; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 32%; text-align: center; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>43228</B></FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>(Address
    of principal executive offices)</B></FONT></TD>
    <TD STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>(Zip
    code)</B></FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Registrant&rsquo;s
telephone number, including area code</B>: <B>(614) 388-8908</B></FONT></P>

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the Registrant
under any of the following provisions (see General Instruction A.2. below):</FONT></P>

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">[&nbsp;&nbsp;]</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Written
    communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">[&nbsp;&nbsp;]</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Soliciting
    material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">[&nbsp;&nbsp;]</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Pre-commencement
    communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">[&nbsp;&nbsp;]</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Pre-commencement
    communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

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

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 0; margin-bottom: 0"><DIV STYLE="font-size: 1pt; border-top: Black 1.5pt solid; border-bottom: Black 4pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

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

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


<!-- Field: Page; Sequence: 1; Options: NewSection -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>Item
1.01 Entry into a Material Definitive Agreement.</B></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
information provided in Section 5.02 of this Current Report on Form 8-K regarding the &ldquo;Plan Amendment&rdquo; is hereby incorporated
by reference into this Item 1.01.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Item
5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
of Certain Officers.</B></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Effective
September 25, 2017, Matthew L. Chretien resigned as President and Chief Executive Officer of Intellinetics, Inc. (the &ldquo;Company&rdquo;).
Mr. Chretien will continue to serve as Chief Technology Officer and as a member of the Board of Directors of the Company (the
&ldquo;Board&rdquo;). The Board also appointed Mr. Chretien as Chief Strategy Officer effective as of September 25, 2017.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">On
September 25, 2017, the Board appointed James F. DeSocio to serve as the Company&rsquo;s President and Chief Executive Officer.
On September 25, 2017, the Board also increased the size of the Board from five (5) members to six (6) members, and elected Mr.
DeSocio to serve as a member of the Board and fill the newly created vacancy.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Prior
to joining the Company, Mr. DeSocio, age 62, served as Chief Revenue Officer at Relayware, LLC, a global provider of Partner Relationship
Management solutions, from January 2015 to September 2017. From January 2013 to November 2014, Mr. DeSocio served as Executive
Vice President of Operations for XRS Corporation, a fleet management software solutions provider. From October 2007 to September
2012, Mr. DeSocio served as Executive Vice President of Sales and Business Development for Antenna Software, Inc., a business
mobility solutions provider. Mr. DeSocio has extensive experience in sales, marketing, international operations, mergers and acquisitions.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Pursuant
to an offer letter agreement between Mr. DeSocio and the Company dated September 25, 2017 (&ldquo;Offer Letter&rdquo;), Mr. DeSocio
will be paid an annual base salary of $270,000 and will be eligible for quarterly and annual bonus payments totaling up to 50%
of his annual base salary, which will be pro-rated for calendar year 2017. Such bonus payments shall be subject to the Company&rsquo;s
satisfaction of certain revenue and EBITDA goals as determined by the Board.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Pursuant
to the Offer Letter, Mr. DeSocio will also receive options to purchase up to 1,250,000 shares of common stock of the Company under
the Intellinetics, Inc. 2015 Equity Incentive Plan, as amended (the &ldquo;Incentive Plan&rdquo;), which options will consist
of:</FONT></P>

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 0.25in; font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 0.25in; font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Options
    to purchase up to 750,000 shares of common stock, with an exercise price equal to the greater of (i) the market closing price
    of the Company&rsquo;s common stock on the date of grant, or (ii) thirty cents ($0.30). The options shall vest in equal quarterly
    installments over two years;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Options
    to purchase up to 250,000 shares of common stock, with an exercise price equal to the greater of (i) 125% of the market closing
    price on the date of initial grant, or (ii) thirty-eight cents ($0.38). The options shall vest in equal quarterly installments
    over a period of two years from the initial grant date, provided that no portion of the options shall be exercisable until
    a sufficient number of shares of common stock becomes available under the Incentive Plan (whether such shares become available
    by expiration, cancellation or forfeiture of other outstanding awards, amendment of the Incentive Plan, or otherwise);</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Options
    to purchase up to 250,000 shares of common stock, with an exercise price equal to the greater of (i) 125% of the market closing
    price on the date of initial grant, or (ii) thirty-eight cents ($0.38). The options shall vest in equal quarterly installments
    over a period of two years from the initial grant date, provided that no portion of the options shall be exercisable until
    the stockholders of the Company approve, at the Company&rsquo;s 2018 annual meeting of stockholders, a sufficient increase
    in the total number of shares authorized for issuance (and any applicable individual award limits) under the Incentive Plan.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 2 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">In
addition, the Offer Letter provides for certain severance payments and benefits in the event of a termination of Mr. DeSocio&rsquo;s
employment under specific circumstances, including three (3) months of continued base salary and medical and dental benefits for
termination without cause, and six (6) months of continued base salary and medical and dental benefits for a qualifying termination
within certain proximity to a change of control event by the Company. Mr. DeSocio&rsquo;s receipt of such severance payments and
benefits is contingent upon execution of a general release of claims in favor of the Company at the time of termination.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">A
copy of the Offer Letter is attached to this Current Report on Form 8-K as Exhibit 10.1 and is incorporated herein by reference.
The foregoing summary of the Offer Letter does not purport to be complete and is subject to and qualified in its entirety by reference
to the attached Offer Letter.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">There
is no arrangement or understanding between Mr. DeSocio and any other person pursuant to which Mr. DeSocio was appointed as an
officer and director of the Company. There are no family relationships between Mr. DeSocio and any director or executive officer
of the Company, and no transactions involving Mr. DeSocio that would require disclosure under Item 404(a) of Regulation S-K, other
than as described herein.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Company issued a press release on September 26, 2017 announcing Mr. DeSocio&rsquo;s appointment as President and Chief
Executive Officer, as well as Mr. Chretien&rsquo;s transition to Chief Strategy Officer. The press release is attached to this
Current Report on Form 8-K as Exhibit 99.1.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Also
on September 25, 2017, the Board adopted and approved, subject to stockholder approval at the Company&rsquo;s 2018 annual meeting
of stockholders, the First Amendment to Intellinetics, Inc. 2015 Equity Incentive Plan (the &ldquo;Plan Amendment&rdquo;), which,
if approved by the stockholders, will (i) increase the aggregate number of shares of Common Stock authorized for issuance under
the Incentive Plan from 2,000,000 shares to 2,500,000 shares; (ii) increase the total number of shares of Common Stock for which
incentive stock options may be granted, from 1,000,000 shares to 2,500,000 shares; (iii) increase the maximum number of shares
of Common Stock for which awards may be granted to any individual Director in any year, from 1,000,000 shares to 1,250,000 shares;
and (iv) increase the maximum number of shares of Common Stock for which awards may be granted to any individual participant in
any year, from 1,000,000 shares to 1,250,000 shares.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
foregoing description of the Plan Amendment does not purport to be complete and is subject to and qualified in its entirety by
reference to the Plan Amendment, a copy of which is attached as Exhibit 10.2 to this Current Report on Form 8-K and is incorporated
herein by reference.</FONT></P>

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


<!-- Field: Page; Sequence: 3 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>Item
9.01 Financial Statements and Exhibits.</B></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B></B></FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>(d)
    </B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>Exhibits</B></FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 0.55in; text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 0.35in; text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">10.1
    </FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><A HREF="ex10-1.htm"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Offer Letter, dated September 25, 2017, between Intellinetics, Inc. and James F. DeSocio</FONT></A></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">10.2</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><A HREF="ex10-2.htm"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">First Amendment to Intellinetics, Inc. 2015 Equity Incentive Plan, dated September 25, 2017</FONT></A></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">99.1</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><A HREF="ex99-1.htm"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Press Release of Intellinetics, Inc., issued September 26, 2017</FONT></A></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 4 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>SIGNATURES</B></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Pursuant
to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed
on its behalf by the undersigned hereunto duly authorized.</FONT></P>

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">INTELLINETICS,
    INC.</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 50%; text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 3%; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 47%; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By:</FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>/s/
    James F. DeSocio</I></FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">James
    F. DeSocio</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">President
    and Chief Executive Officer</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Dated:
    September 26, 2017</FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 5 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

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

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

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



<P STYLE="margin: 0; font: 10pt Times New Roman, Times, Serif"></P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-10.1
<SEQUENCE>2
<FILENAME>ex10-1.htm
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="margin: 0; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right"><IMG SRC="image_002.jpg" ALT="" STYLE="height: 106; width: 200"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">James
DeSocio</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">4
Deep Hollow Dr</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Rumson,
New Jersey 07760</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">September
25, 2017</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Dear
Jim,</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; color: #0070C0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U>Offer
of Employment: President &amp; Chief Executive Officer</U></B></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">I
am very pleased to offer you a position within Intellinetics, Inc. (the &ldquo;Company&rdquo;) as President &amp; Chief Executive
Officer. In this capacity, you will report to the Board of Directors and carry out such responsibilities as may be assigned by
the Board of Directors. As a condition of your employment, you must be ready, willing and able to travel to other Company and
Customer locations as business needs dictate, in order to satisfactorily fulfill your job responsibilities. We look forward to
enjoying your creativity, skills and drive in helping us to grow and develop the Company. The principal terms of our offer are
outlined below, and are conditioned upon approval of such terms by the Company&rsquo;s Compensation Committee and Board of Directors.
The parties anticipate negotiating and entering into a formal employment agreement memorializing these and other relevant terms
in greater detail.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Commencement
Date</B></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">You
will commence work with the Company on September 25, 2017.</FONT></P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">You
will devote your best efforts and your full time, attention, skill, ability and energy during normal business hours (and outside
such hours when reasonably necessary) exclusively to the business and affairs of the Company. You will serve the Company faithfully
and diligently as the Board of Directors shall direct.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>Base
Salary</B></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
base salary for this position is $270,000 (two hundred seventy thousand dollars) per annum, paid according to our local payroll
practice. Our current practice is to pay salary twice per month. You will also be eligible for quarterly and annual bonus payments
up to an annual total of 50% of your annual salary ($135,000). The bonus will be broken into two parts: 60% ($81,000) of which
will be based on company revenue, and 40% ($54,000) of which will be based on EBITDA.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Your
total potential compensation comprises the following elements, subject to the Company&rsquo;s satisfaction of Revenue and EBITDA
goals, as determined by the Board of Directors.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 1; Options: NewSection -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT></P>

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

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; text-align: left; border-bottom: Black 1.5pt solid">COMPENSATION TYPE</TD><TD STYLE="font-weight: bold; text-align: center; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">QUARTERLY</TD><TD STYLE="font-weight: bold; text-align: center; padding-bottom: 1.5pt">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: center; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">ANNUALIZED</TD><TD STYLE="font-weight: bold; padding-bottom: 1.5pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="width: 68%; text-align: left">Quarterly Revenue Bonus</TD><TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">$</TD><TD STYLE="width: 12%; text-align: right">15,000</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">$</TD><TD STYLE="width: 12%; text-align: right">60,000</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">Quarterly EBITDA Bonus</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">10,000</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">40,000</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left">Annual Revenue Bonus</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&mdash;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">21,000</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">Annual EBITDA Bonus</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&mdash;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">14,000</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-style: italic; text-align: left">Total Annual Bonus Potential</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&mdash;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="font-style: italic">&nbsp;</TD>
    <TD STYLE="font-style: italic; text-align: left">$</TD><TD STYLE="font-style: italic; text-align: right">135,000</TD><TD STYLE="font-style: italic; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-decoration: underline; text-align: left; padding-bottom: 1.5pt">Base Salary</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1.5pt; text-align: right">&mdash;</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left">$</TD><TD STYLE="border-bottom: Black 1.5pt solid; text-align: right">270,000</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-weight: bold; text-align: left">Total Compensation on Target Earnings</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&mdash;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">$</TD><TD STYLE="font-weight: bold; text-align: right">405,000</TD><TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD></TR>
</TABLE>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Payment</B></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Bonuses
(if eligible) will be paid in the month following the end of the quarter they are earned, as may be otherwise determined by the
Board of Directors. Annual bonus payments will be paid in the quarter following the end of the year in which they are earned,
as soon as practicable following final closing of the books. Payments are subject to the company&rsquo;s overall performance and
the approval of the Compensation Committee.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Stock
Options</B></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
position of President &amp; Chief Executive Officer is eligible for participation in the Intellinetics, Inc. 2015 Equity Incentive
Plan.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Subject
to approval by the Compensation Committee, you will be eligible to receive options to purchase up to <B>1,250,000</B> common shares
of the Company, which would consist of:</FONT></P>

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 0.4in; font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 0.25in; font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Options
    to purchase up to 750,000 common shares, to be granted upon commencement of employment, with an exercise price equal to the
    <U>greater</U> of (i) the market closing price of the Company&rsquo;s common stock on the date of grant, or (ii) thirty cents
    ($0.30). The options shall vest in equal quarterly installments over two years.</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Options
    to purchase up to 250,000 common shares, with an exercise price equal to the <U>greater</U> of (i) 125% of the market closing
    price on the date of initial grant, or (ii) thirty-eight cents ($0.38). The options would be granted upon commencement of
    employment, but shall be subject to the availability of a sufficient number of shares under the Incentive Plan to accommodate
    the proposed grant (whether such shares become available by expiration or cancellation of other outstanding awards, amendment
    of the Incentive Plan, or otherwise). The award shall vest in equal quarterly installments over two years from the initial
    grant date, provided that no portion of the award shall be exercisable until a sufficient number of shares is available under
    the Incentive Plan.</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Options
    to purchase up to 250,000 common shares, with an exercise price equal to the <U>greater</U> of (i) 125% of the market closing
    price on the date of initial grant, or (ii) thirty-eight cents ($0.38). The options would be granted upon commencement of
    employment but shall be subject to shareholder approval, at the Company&rsquo;s next annual meeting, of an increase in the
    total number of shares authorized for issuance (and any applicable individual maximums) under the Incentive Plan, in an amount
    sufficient to accommodate the proposed award. The award shall vest in equal quarterly installments over two years from the
    initial grant date, provided that no portion of the award shall be exercisable until such shareholder approval is obtained.
    If shareholder approval is obtained at the next annual meeting, the award would be exercisable to the extent vested at such
    time. If such shareholder approval is not obtained at the next annual meeting, the applicable portion of the award shall be
    deemed cancelled immediately following the meeting.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 2 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">All
options which have not previously been forfeited, cancelled, or expired would vest immediately upon the sale of the company.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
stock options described above shall be subject to and governed in all respects by the Intellinetics, Inc. 2015 Equity Incentive
Plan and the terms and conditions of your individual Stock Option Award Agreement, which will be provided to you at the time of
grant.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Benefits</B></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">You
are eligible to participate in our benefits package. We currently offer plans including the following:</FONT></P>

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 0.5in; padding-bottom: 6pt; text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 0.25in; padding-bottom: 6pt; text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 6pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Health
    &amp; Welfare Plan</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="padding-bottom: 6pt; text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 6pt; text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="padding-bottom: 6pt; text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Vision,
    Dental &amp; Life Insurance Plans</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="padding-bottom: 6pt; text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 6pt; text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="padding-bottom: 6pt; text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">401(k)
    Retirement Plan</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Details
of these benefit plans will be provided under separate cover.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Expenses</B></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">All
reasonable out of pocket business expenditures are reimbursed according to our business expense policy. Qualifying expenses will
be paid upon timely production of a satisfactorily completed expense claim that has been authorized and approved by the appropriate
manager within Intellinetics, Inc.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Intellinetics,
Inc. will pay the standard current corporate mileage allowance when business requirements necessitate use of a personal vehicle.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U>Additional
Terms</U></B></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Remuneration
Reviews</B></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Your
remuneration will be reviewed annually. Any increases will be based on a combination of your skills, contribution, market rates
and the Company&rsquo;s overall performance.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>At-Will
Relationship and Severance</B></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">While
we look forward to a productive employment relationship, please note that your employment, as with all employment at the Company,
is &ldquo;at will&rdquo; and is not guaranteed for any definite period of time; both you and the Company are free to terminate
the employment relationship at any time without notice. Neither this letter nor any other communication, either written or oral,
should be construed as a contract of employment for a term.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">As
an Executive of the Company, you are eligible to receive severance pay in the event your employment is terminated for qualifying
reasons.</FONT></P>

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


<!-- Field: Page; Sequence: 3 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 0.3in; font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 0.3in; font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Upon
    termination by the Company without cause or upon termination by you for &ldquo;good reason&rdquo; (i.e., material reduction
    of duties or base salary/bonus opportunity), and subject to certain notice and cure provisions, you would be eligible to receive
    any accrued but unpaid salary through the date of termination, plus continued payment of base salary and medical and dental
    benefits for 3 months.</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">If
    such a qualifying termination occurs within 90 days before or one year after a change in control of the Company, you would
    be eligible to receive accrued but unpaid salary through the date of termination plus continued payment of base salary and
    medical and dental benefits for 6 months.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">This
eligibility does not modify the &ldquo;at-will&rdquo; nature of your employment. The terms and conditions of the severance available
to you will be set forth in your formal employment agreement and will require you to sign a full release in favor of the Company
at the time of termination in order to be eligible.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Nondisclosure
of Trade Secrets and Proprietary Information</B></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">You
understand that in the performance of your job duties with the Company, you will be exposed to the Company&rsquo;s Trade Secrets
and Proprietary Information. &ldquo;Trade Secrets and Proprietary Information&rdquo; means information or material that is commercially
valuable to The Company and not generally known in the industry. This includes but is not limited to:</FONT></P>

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 0.3in; font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 0.3in; font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">any
    and all versions of the Company&rsquo;s proprietary computer software (including source code and object code), hardware, firmware
    and documentation;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">technical
    information concerning the Company&rsquo;s products and services, including product data and specifications, diagrams, flow
    charts, drawings, test results, know-how, processes, inventions, research projects and product development;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(c)</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">sales
    information, accounting and unpublished financial information, business plans, markets and marketing methods, customer lists
    and customer information, purchasing techniques, supplier lists and supplier information and advertising strategies;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(d)</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">information
    concerning the Company&rsquo;s employees, including their salaries, strength, weaknesses and skills;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(e)</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">information
    submitted by or about The Company&rsquo;s projects, teaming partners, customers, suppliers, employees, consultants or co-venturers;
    and</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(f)</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">any
    other information not generally known to the public which, if misused or disclosed, could reasonably be expected to adversely
    affect the Company&rsquo;s business.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">You
will keep the Company&rsquo;s Trade Secrets and Proprietary Information, whether or not prepared or developed by You, in the strictest
confidence. You will exercise due care to protect and maintain the confidentiality of The Company&rsquo;s trade secrets during
the term of this contract and for a period of Five (5) years after the termination of this contract. <B>It is also understood
by You that access and use of Company Intellectual Property, Trade Secrets and Proprietary Information does not confer any ownership
rights to You as all ownership rights shall be retained by The Company</B>. Also, you will not use or disclose such secrets to
any other person without the Company&rsquo;s written consent, except when necessary to perform Your duties. Any breach of the
terms of this paragraph is a material breach of this agreement. However, You shall have no obligation to treat as confidential
information which:</FONT></P>

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


<!-- Field: Page; Sequence: 4 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 0.3in; font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 0.3in; font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">was
    in Your possession or known to You, without an obligation to keep it confidential, before such information was disclosed to
    You by the Company;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">is
    or becomes public knowledge through a source other than You and through no fault of You; or</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(c)</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">is
    or becomes lawfully available to You from a source other than the Company provided such source is not under any obligation
    of confidentiality to the Company.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Corporate
Ownership of Intellectual Property</B></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Access
and/or use by You does not confer and any ownership rights to same. All ownership rights shall remain the property of the corporation.
All work products created by You associated with corporate activities shall be owned by the Company, including by way of example
marketing and/or sales material, messaging, and presentations.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Return
of Materials</B></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">When
Your employment with the Company ends, for whatever reason, you will promptly (within five calendar days) deliver to the Company
all originals and copies of all documents, records, electronically stored information, software programs, media and other materials
received through your employment with The Company. You will also return to The Company all equipment, files, software programs
and other property belonging to The Company.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Confidentiality
Obligation Survives Employment</B></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">You
understand that Your obligation to maintain the confidentiality and security of The Company&rsquo;s Trade Secrets and Proprietary
/ Legal Information remains with You even after Employment with The Company ends.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Nonsolicitation
of Customers / Clients / Employees</B></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">You
covenant and agree that at all times while employed by The Company and for a further period of two (2) years after the termination
of such employment, irrespective of when and in what manner such employment may be terminated, You will not for yourself or any
other person or entity, directly or indirectly, by stock or other ownership, investment, management, consultation, employment
or otherwise, or in any relation whatsoever in any manner solicit, interfere with, or endanger relationships between The Company
and its customers / clients / employees<B><I>. </I></B>You acknowledge that failure to comply with provisions of the preceding
will cause irreparable damage, and therefore The Company shall be entitled to an injunction prohibiting such activities on the
part of You and all persons acting in concert with You.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Noncompetition</B></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">You
shall not engage in any employment or business activity anywhere in the United States that directly competes with that of The
Company while you are employed by the Company and for a period of six (6) months after termination of Your employment with The
Company.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Representations
of the Executive</B></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">You
represent and warrant to the Company that (a) your acceptance of employment with the Company and performance of your duties to
the Company will not conflict with or result in violation, breach of, or default under any contract, agreement, or understanding
to which you are otherwise bound, and (b) your acceptance of this offer does not violate any non-solicitation, non-competition
or similar covenant or agreement of a prior employer.</FONT></P>

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


<!-- Field: Page; Sequence: 5 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U>Acceptance
of this offer</U></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B><U STYLE="text-decoration: none">&nbsp;</U></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">This
letter contains the principal terms of our offer to you. If you accept our offer of employment as outlined in this letter, please
sign and return a copy of this letter to me as soon as possible.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">In
accepting this offer, you agree to comply with any and all policies of the Company as in effect from time to time; you acknowledge
that you are not relying on other promises, statements or representations of the Company (whether in writing or orally), other
than as set forth herein. This offer letter supersedes any and all prior oral or written communications between the Company and
you. Ohio law shall govern this Agreement and any employment relationship that may be formed between the undersigned parties at
any time.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">I
sincerely look forward to working with you and to your becoming an integral member of the team and a key architect of the growth
of our Company.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Yours
sincerely,</FONT></P>

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 50%; font: 10pt Times New Roman, Times, Serif; text-align: justify; border-bottom: Black 1.5pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>/s/
    Joseph D. Spain</I></FONT></TD>
    <TD STYLE="width: 50%; font: 10pt Times New Roman, Times, Serif; text-align: justify; padding-bottom: 1.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Joseph
    D. Spain, Chief Financial Officer</B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Intellinetics,
    Inc.</B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 7%; text-align: justify; font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Signed</FONT></TD>
    <TD STYLE="width: 43%; text-align: justify; font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>/s/James
    DeSocio </I></FONT></TD>
    <TD STYLE="width: 50%; text-align: justify; font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Date
    <U>9/25/17</U></FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-variant: small-caps"><B>James
    DeSocio</B></FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 6 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>



<P STYLE="margin: 0; font: 10pt Times New Roman, Times, Serif"></P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-10.2
<SEQUENCE>3
<FILENAME>ex10-2.htm
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

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

<P STYLE="margin: 0; font: 10pt Times New Roman, Times, Serif"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>FIRST
AMENDMENT</B></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>TO</B></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>INTELLINETICS,
INC. 2015 EQUITY INCENTIVE PLAN</B></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">This
First Amendment to Intellinetics, Inc. 2015 Equity Incentive Plan (this &ldquo;Amendment&rdquo;) is made by Intellinetics, Inc.,
a Nevada corporation (the &ldquo;Company&rdquo;), as of September 25, 2017. Capitalized terms used and not otherwise defined herein
shall have the respective meanings ascribed to them in the Plan (as defined below).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>WHEREAS</B>,
the Board of Directors (the &ldquo;Board&rdquo;) and the shareholders of the Company previously adopted and approved the Intellinetics,
Inc. 2015 Equity Incentive Plan (the &ldquo;Plan&rdquo;);</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>WHEREAS</B>,
pursuant to Section 4.1 of the Plan, a total of 2,000,000 shares of the common stock, par value $0.001 per share, of the Company
(the &ldquo;Common Stock&rdquo;) have been reserved for issuance under the Plan, subject to adjustment as set forth in Section
11 of the Plan;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>WHEREAS</B>,
the Company desires to increase the total number of shares of Common Stock issuable under the Plan to from 2,000,000 shares to
2,500,000 shares, including shares previously issued thereunder;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>WHEREAS</B>,
the Company desires to increase the total number of shares of Common Stock for which Incentive Stock Options may be granted from
1,000,000 shares to 2,500,000 shares;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>WHEREAS</B>,
the Company desires to increase the maximum number of shares of Common Stock for which Awards may be granted to any individual
Director in any year from 1,000,000 shares to 1,250,000 shares;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>WHEREAS</B>,
the Company desires to increase the maximum number of shares of Common Stock for which Awards may be granted to any individual
participant in any year from 1,000,000 shares to 1,250,000 shares;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>WHEREAS</B>,
Section 13 of the Plan permits the Board to amend the Plan from time to time, subject only to certain limitations specified therein;</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>NOW,
THEREFORE</B>, the Board has amended the Plan as follows, subject to approval by the stockholders of the Company:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">1.
Section 4.1 of the Plan is hereby amended and restated in its entirety to read as follows:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">4.1
Subject to adjustment in accordance with Section 11, a total of Two Million Five Hundred Thousand (2,500,000) shares of Common
Stock shall be available for the grant of Awards under the Plan. No more than Two Million Five Hundred Thousand (2,500,000) shares
of Common Stock may be granted as Incentive Stock Options. Additionally, a Director may not be granted Awards covering more than
One Million Two Hundred Fifty Thousand (1,250,000) shares of Common Stock in any year. Any shares of Common Stock granted in connection
with Awards shall be counted against this limit as one (1) share for every one (1) share of Common Stock granted in connection
with such Award. During the terms of the Awards, the Company shall keep available at all times the number of shares of Common
Stock required to satisfy such Awards</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 1 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%">&nbsp;</TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">2.
Section 4.3 of the Plan is hereby amended and restated in its entirety to read as follows:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">4.3
Subject to adjustment in accordance with Section 11, no Participant shall be granted, during any one (1) year period, Options
to purchase Common Stock and Stock Appreciation Rights or any other Awards with respect to more than One Million Two Hundred Fifty
Thousand (1,250,000) shares of Common Stock in the aggregate. If an Award is to be settled in cash, the number of shares of Common
Stock on which the Award is based shall count toward the individual share limit set forth in this Section 4.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">3.
Except as modified by this Amendment, all the terms and provisions of the Plan shall continue in full force and effect.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>[<I>Signatures
appear on the following page</I>]</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 2; Options: NewSection; Value: 2 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->2<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>IN
WITNESS WHEREOF</B>, the Company has executed this First Amendment to the Intellinetics, Inc. 2015 Equity Incentive Plan as of
September 25, 2017.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>INTELLINETICS, INC.</B></FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 50%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 5%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 45%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By:</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>/s/
    Joseph D. Spain</I></FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT>Name:</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"> Joseph D. Spain</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title:</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"> Chief Financial Officer</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>


<!-- Field: Page; Sequence: 3 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%">&nbsp;</TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>4
<FILENAME>ex99-1.htm
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="margin: 0; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif;text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><IMG SRC="image_001.jpg" ALT="" STYLE="height: 75; width: 200"></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Intellinetics,
Inc. Board Announces </B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>James
F. DeSocio as New CEO,</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Matthew
L. Chretien Becomes CSO</B></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">COLUMBUS,
OH &ndash; (September 26, 2017) &ndash; Intellinetics, Inc. <U>(OTCQB: INLX)</U>, a cloud-based document solutions provider, announced
that its Board of Directors has appointed James F. DeSocio as President &amp; Chief Executive Officer, effective September 25,
2017. DeSocio was also appointed to the Board of Directors of Intellinetics, effective the same day. Matthew L. Chretien, the
former President and Chief Executive Officer assumed the role of Chief Strategy Officer on September 25, 2017, and retains his
roles as Chief Technology Officer and a member of the Intellinetics&rsquo; Board.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">DeSocio
comes to the Company with extensive experience in sales, marketing, international operations, mergers and acquisitions. He has
over 20 years of experience managing and growing high tech, SaaS sales organizations. Most recently DeSocio was Chief Revenue
Officer at Relayware, a global provider of Partner Relationship Management solutions platform that enables companies to manage
high-performing partner programs and channel operations.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">James
F. DeSocio, President &amp; CEO of Intellinetics, stated, &ldquo;I am excited about the opportunities at Intellinetics where all
of the pieces for success are in place: a robust product offering, standing presence in untapped vertical markets, key strategic
OEM partners like Intel and Staples, and a strong foundation of channel resellers.&rdquo;</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">DeSocio
continued, &ldquo;Coming off a successful exit and evaluating alternatives for my next steps, Intellinetics presented an opportunity
to repeat the successful formula of rapidly growing customers and recurring SaaS sales. Matt and the rest of the Intellinetics
team are the ideal group for me to work with.&rdquo;</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">While
DeSocio was Chief Revenue Officer at Relayware, the company doubled subscription revenue and tripled the customer base over a
two-year period. Relayware merged with Zift Solutions in July 2017. Previous to Relayware, DeSocio served in executive leadership
positions at XRS Corp., Antenna Software, and Lawson Software where he was responsible for the growth of company revenues, including
new sales subscriptions, consulting services, subscription renewals and professional services. Notably, after the significant
customer growth at XRS during his time of service, that company was bought by Omnitracs, a Vista private equity company. After
presiding over three years of strong sales at Lawson Software, that company completed a successful IPO.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Matthew
L. Chretien, CSO and CTO of Intellinetics, added, &ldquo;This is the perfect time for Jim to become Intellinetics&rsquo; next
CEO. We&rsquo;ve selected a very strong leader with an incredible pedigree in growing recurring SaaS revenues and getting the
most out of channel partner performance. We could not have found a better colleague than Jim.&rdquo;</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>IntelliCloud<SUP>TM
</SUP>&ndash; Powered by the Intel<SUP>&reg;</SUP> NUC </B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>IntelliCloud&trade;
</U>is a cloud-based document management platform that is optimized for the vast SMB market segment and business teams within
large enterprises who are stuck with paper in business-critical processes. Thousands and thousands of people at any given moment
depend upon IntelliCloud to perform their work. IntelliCloud, which is strategically packaged with Intel&reg; technology, provides
Law Enforcement Grade security and compliance tools and is supported by a growing network of market-leading reseller partners.
Resellers often attach IntelliCloud to the software, hardware, and/or services they already sell, without the sales or technical
complexity of other less effective options in the market.</FONT></P>

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


<!-- Field: Page; Sequence: 1 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 50%">&nbsp;</TD><TD STYLE="width: 50%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>About
Intellinetics, Inc.</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Intellinetics,
Inc. is a Columbus, Ohio-based ECM software company. Its flagship IntelliCloud<SUP>TM</SUP> platform is ideal for embedded work
teams in businesses of any size stuck in document-centric processes that are not optimized. IntelliCloud offers a painless way
to merge those documents into digital workflows, increasing service levels, compliance and customer satisfaction while decreasing
costs and risk. Intellinetics collaborated with Intel&reg; to create its <U>IntelliCloud Channel Program</U> that enables resellers
to easily embed IntelliCloud into the copiers, productivity software and services they already provide. IntelliCloud provides
dealers a &ldquo;deploy once, use many&rdquo; innovation where one IntelliCloud customer sale/activation creates endless possibilities
to add other software applications that deliver more value and increase revenue. For additional information, please visit: <U>www.intellinetics.com.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Cautionary
Statement </B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Statements
in this press release which are not purely historical, including statements regarding future business and new revenues associated
with any channel partner, distribution partner, reseller, or other relationship; Intellinetics&rsquo; future revenues and growth;
market penetration; execution of Intellinetics&rsquo; business plan; and other intentions, beliefs, expectations, representations,
projections, plans or strategies regarding future growth, financial results, and other future events are forward-looking statements.
The forward-looking statements involve risks and uncertainties including, but not limited to, the risks associated with the effect
of changing economic conditions, trends in the products markets, variations in Intellinetics&rsquo; cash flow or adequacy of capital
resources, market acceptance risks, the success of Intellinetics&rsquo; channel partners and distribution partners, technical
development risks, and other risks and uncertainties discussed in Intellinetics&rsquo; most recent annual report on Form 10-K
and subsequently filed Form 10-Qs and Form 8-Ks. Intellinetics cautions investors not to place undue reliance on the forward-looking
statements contained in this press release. Intellinetics disclaims any obligation and does not undertake to update or revise
any forward-looking statements in this press release. Expanded and historical information is made available to the public by Intellinetics
on its website at <U>www.intellinetics.com</U> or at <U>www.sec.gov.</U>&nbsp;</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>CONTACT:</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Joe
Spain, CFO</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Intellinetics,
Inc.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">614.921.8170
<U>investors@intellinetics.com</U></FONT></P>

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


<!-- Field: Page; Sequence: 2 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 50%">&nbsp;</TD><TD STYLE="width: 50%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>5
<FILENAME>image_001.jpg
<TEXT>
begin 644 image_001.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  @&!@<&!0@'!P<)"0@*#!0-# L+
M#!D2$P\4'1H?'AT:'!P@)"XG("(L(QP<*#<I+# Q-#0T'R<Y/3@R/"XS-#+_
MVP!# 0D)"0P+#!@-#1@R(1PA,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R
M,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C+_P  1" #W H\# 2(  A$! Q$!_\0
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MF@MKE@MTHZ]-_O\ 7VKI*\^<'!\LCTH352/-$6BDI:DL****!A1110 4444
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MQ17">@%%%% PHHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@
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ML3R3FNK\"^"Y?%VI.)=Z:?",33*0"#V4>Y%>XP^!?#$$*QKHMJ0H R4Y/N:
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MWQD\17D5U;Z%#(T4$D0FFV''F#)&T^W&:]A'0?2O!_C1_P CC:>GV(<?\"-
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M7-*M1:V&K75K;@EA'&^!D]367SWSFO8/AMX)T37/"L.HZA;":?SW4D]" >E
M&A\(_$VJZW!J%IJ5PUR+;:Z329+G=G()]!BMGXG:]/HGA20V<KQ74[!8Y%.,
M<C/Z5TVF:+INC1-%IME#;1L<LL:XS7 _&C_D7[/O^\/]* /&K/5M0TW41J5K
M=2)> [C(&Y;US]:^GO#NH3:IX=T^_N HFN(%D<(,#)':OE1\[&^AKZA\%?\
M(E:-_P!>B?RH W>:X?QW\0[?PM']CLPEQJCC(0\K$/5O\*W_ !7K8\/^&;W4
MBI<Q)A%4@')X!'TSFOF"YN9[VYENKF5I9Y6+R2,<EC[T ;6K>-?$6LR3&XU*
M989CEK=&Q&/8#TKGR0226R3UR:[/P)X"N/%UT;FX9X=*B)5Y5.'D;^ZOIVKV
M.U^'?A:VM(X&T>WF*+M\V5<LWN3ZT ?/VF^)-:TE=NGZG<P1YW%$?@_6O6_
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M?%&E1ZSX;O;-X/.9HF,:?[8'R_K0!\L]N!7O_P 'Y$_X0*)-R[A<2Y7//6O
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MM<K,5Y"?*:JWNE7_ -C\2.ELS-<SCR4 R7&5Y^E &U:>)K6YNX+;R+B/S_\
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M 8I,"BB@"A#H>G6^HR7\<!^U.<EVD9OR!.!^%:%%% !1110 8HHHH *,444
M5[VQMM0MS!=1^9&><;B"#[$<BJUAH>G:9*TMK RR,,%GE=SC_@1-%% &C28%
M%% !@4N*** "C%%% !BBBB@ Q1BBB@ Q1110!2U'2;+54C2]B:18SN4"1EY]
M]I&?QJU%#'#$L<:A4084#L*** 'XHHHH ,48HHH 3 I<444 &*,444 %&***
+ "BBB@ HHHH _]D!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>6
<FILENAME>image_002.jpg
<TEXT>
begin 644 image_002.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  @&!@<&!0@'!P<)"0@*#!0-# L+
M#!D2$P\4'1H?'AT:'!P@)"XG("(L(QP<*#<I+# Q-#0T'R<Y/3@R/"XS-#+_
MVP!# 0D)"0P+#!@-#1@R(1PA,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R
M,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C+_P  1" $3 @@# 2(  A$! Q$!_\0
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MO-1V"T49HS0 44FX4 YH%="T444#"BBB@ HHHH **** "BBB@ HHHH ****
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MI'=1Q5*K\++0H[4@]*=3.CJ%%%% !1110 4444 %%%% !1110 4444 %%%%
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M_>L;8*/NW'4445QG>%%%% !1110 4444 %%%% !1110 4444 %%%% !1110
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MK@#<S.V7?T%85']E'DX[%2O[.&[-'P?X>;6-02:53]EC.6)'4U[/;PK!$B*
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M %/4[,:AIL]H21YJ8SBO,?#?PNO--\2QWUS,ODPR;EQ@EJ]:'MT/K28 /?\
M.@"EJM@-2TFXL@<>8A4$]J\T\-_#"\TOQ*M]<RKY4;97'.>:]:_E2 <YYH S
M=:TT:KI%Q99VF12 ?PKSSP?\,[S1-?2^N95*Q$[0"#D5ZMR0<T@&.?US0 'G
M->;>/OA]=>(]2CO+.10=NU@3BO2LTA [\?2@#"\(:#_PCVA0V32;Y%'S'WJ;
MQ!X:LO$5GY%VHSV<#D5L"EH \4O/A#J5M<%M,O >3C+;>*CM_A)K-W(/[0O-
MJ ]GW5[=P.?Y4@QUYH YSPOX-L?#%MM@&^<CYI#6W>VD=]9RVD@^21<&K P!
MD9I>#UH \2U3X0:B+MVLIE="21D[<5H^&/A;>Z=JT%]>W.#&P.U3G.*];QCI
M_.C  QR* /+/&7PVN]9UW[=:R@*^T,">E>@>']*&C:-!8AMS(O)_"M,@8QSC
MUS2C&, T 8'B3PI8^)+7RKD;90/ED Y%>87GP=U*"<FQN0ZYZEMM>V@@\8-+
MC\OK0!XI8_![4)I=U]=B,>WS5Z?X=\,6/ARS$%JF6/WG/>MS&>O\Z/QH PO$
M?A>R\2V)M[L?..5<#D5YA=_"/5;64MIUWE<\9;::]LZC)XI.,^] 'B4/PGUJ
M\D']H7I [DR;J]*\*>#[+PQ;&.W.^1OO2$<FNDQGGB@'% "\T49S10 M%%%
M!1110 4E+24 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444
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MIYF/E0+R,]*6C%%(8M%%% !1110 4E%% !1110 4444 %%%% !1110 4444
M%%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4
M444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !11
110 4444 %%%% "T444 ?_]D!

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
