<SEC-DOCUMENT>0000921895-17-001172.txt : 20170425
<SEC-HEADER>0000921895-17-001172.hdr.sgml : 20170425
<ACCEPTANCE-DATETIME>20170425162536
ACCESSION NUMBER:		0000921895-17-001172
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		4
CONFORMED PERIOD OF REPORT:	20170424
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:		20170425
DATE AS OF CHANGE:		20170425

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			AMERI Holdings, Inc.
		CENTRAL INDEX KEY:			0000890821
		STANDARD INDUSTRIAL CLASSIFICATION:	SEMICONDUCTORS & RELATED DEVICES [3674]
		IRS NUMBER:				954484725
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-26460
		FILM NUMBER:		17781368

	BUSINESS ADDRESS:	
		STREET 1:		100 CANAL POINTE BLVD., SUITE 108
		CITY:			PRINCETON
		STATE:			NJ
		ZIP:			08540
		BUSINESS PHONE:		732-243-9250

	MAIL ADDRESS:	
		STREET 1:		100 CANAL POINTE BLVD., SUITE 108
		CITY:			PRINCETON
		STATE:			NJ
		ZIP:			08540

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SPATIALIZER AUDIO LABORATORIES INC
		DATE OF NAME CHANGE:	19950323
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>form8k10211002_04252017.htm
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>UNITED STATES</B></P>

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

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

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

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Pursuant to Section 13 or 15(d) of The Securities
Exchange Act of 1934</B></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">Date of Report (Date of Earliest Event Reported):
<U>April 24, 2017</U></P>

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD COLSPAN="3" STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">AMERI Holdings, Inc.</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD COLSPAN="3" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">(Exact name of registrant as specified in its charter)</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 34%; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="width: 33%; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="width: 33%; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">Delaware</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">000-26460</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">95-4484725</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">(State or Other Jurisdiction<BR>
of Incorporation)</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">(Commission<BR>
File Number)</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">(IRS Employer<BR>
Identification No.)</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">100 Canal Pointe Blvd., Suite 108, Princeton, New Jersey</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">08540</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">(Address of Principal Executive Offices)</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">(Zip Code)</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">Registrant&rsquo;s Telephone Number, Including
Area Code: <U>(732) 243-9250</U></P>

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 100%; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">Not applicable</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">(Former Name or Former Address, If Changed Since Last Report)</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">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 (<I>see</I> General Instruction
A.2. below):</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&#9744; Written communications
pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&#9744;  Soliciting material
pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&#9744;  Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&#9744; Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</P>



<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0"></P>

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<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 1in">Item 1.01</TD><TD>Entry into a Material Definitive Agreement.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">The information required herein is incorporated
by reference to Item 5.02 below.</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 1in">Item 5.02</TD><TD>Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
of Certain Officers.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">On April 24, 2017, Ameri Holdings, Inc.
(&ldquo;Ameri&rdquo; or the &ldquo;Company&rdquo;) announced the appointment of Viraj Patel as Chief Financial Officer of Ameri
effective April 24, 2017 pursuant to an employment letter agreement (the &ldquo;Employment Letter&rdquo;) with him. Mr. Patel has
over 25 years of financial and operational experience with technology, software and telecommunications businesses.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">Prior to joining Ameri, Mr. Patel served
as the Chief Financial Officer of two technology start-ups and previously served as the Chief Financial Officer for UTStarcom (NASDAQ:
UTSI), a multi-billion global telecommunications company. During his time as Chief Financial Officer at UTStarcom, Mr. Patel led
a global team of finance and operations professionals and was instrumental in streamlining the company&rsquo;s operations. Mr.
Patel has also held senior finance positions at various technology and software companies where he had extensive experience in
mergers and acquisitions, treasury management, equity and debt financing, and financial planning. Mr. Patel started his career
at the accounting firm PricewaterhouseCoopers. Mr. Patel received his bachelor&rsquo;s degree in business administration from Pace
University and is a Certified Public Accountant.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">Pursuant to the Employment Letter, Mr.
Patel will receive an annual base salary of $200,000 and be eligible for bonus payments of up to an aggregate of $25,000 as determined
by the Board of Directors, based on meeting and exceeding mutually agreed upon annual performance goals.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">Mr. Patel&rsquo;s Employment Letter is
subject to early termination by him or the Company for any reason upon written notice to the other party. If there is a change
of control (as defined in the Employment Letter) and Mr. Patel&rsquo;s employment terminates within six months following the change
of control for reasons other than for cause, then Mr. Patel will be entitled to receive an amount equal to six months of his base
salary, any accrued bonus as of such date of termination, any outstanding options held by him shall immediately vest and health
benefits coverage for six months from the date of such termination.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">The Employment Letter also contains covenants
restricting Mr. Patel from engaging in any activities competitive with the Company&rsquo;s business during the term of his Employment
Letter and for a period of two years thereafter, and prohibiting him from disclosure of confidential information regarding the
Company at any time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">Other than entering into the Employment
Letter with Ameri, Mr. Patel has not engaged in a related party transaction with Ameri during the last two fiscal years, and there
are no family relationships between Mr. Patel and any of Ameri&rsquo;s executive officers or directors.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">Effective April 24, 2017, Carlos Fernandez
ceased serving as the Company&rsquo;s interim Chief Financial Officer.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">The foregoing summary description of
the Employment Letter is qualified in its entirety by reference to the full text of the Employment Letter, a copy of which is attached
hereto as Exhibit 10.1 and incorporated herein in its entirety by reference.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">A copy of the press release announcing
Mr. Patel&rsquo;s appointment is furnished as Exhibit 99.1 to this Form 8-K.</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 1in">Item 9.01.</TD><TD>Financial Statements and Exhibits</TD></TR></TABLE>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">(d) Exhibits.</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 15%; padding-right: 5.4pt; padding-left: 5.4pt">Exhibit<BR>
<U>Number</U></TD>
    <TD STYLE="width: 85%; padding-right: 5.4pt; padding-left: 5.4pt; text-decoration: underline"><U>Description</U></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">Exhibit 10.1</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">Employment Letter, dated April 24, 2016, between Ameri and Partners Inc and Viraj Patel.</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">Exhibit 99.1</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">Press Release, dated April 25, 2016.</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">Signatures</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt">Date: April 25, 2016</TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.75pt; padding-left: 5.75pt">AMERI HOLDINGS, INC.</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.75pt; padding-left: 5.75pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 51%; padding-right: 5.75pt; padding-left: 5.75pt">&nbsp;</TD>
    <TD STYLE="width: 6%; padding-right: 5.75pt; padding-left: 5.75pt">By:</TD>
    <TD STYLE="width: 43%; padding-right: 5.75pt; padding-left: 5.75pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; border-bottom: Black 0.5pt solid">/s/ Giri Devanur</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt">Giri Devanur</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt">President and Chief Executive Officer</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>


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<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><U>EXHIBIT INDEX</U></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 15%; padding-right: 5.4pt; padding-left: 5.4pt">Exhibit<BR>
 <U>Number</U></TD>
    <TD STYLE="width: 85%; padding-right: 5.4pt; padding-left: 5.4pt; text-decoration: underline"><U>Description</U></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">Exhibit 10.1</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">Employment Letter, dated April 24, 2016, between Ameri and Partners Inc and Viraj Patel.</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">Exhibit 99.1</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">Press Release, dated April 25, 2016.</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right">&nbsp;</P>



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<P STYLE="margin: 0; text-align: right">Exhibit 10.1</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0; text-align: right">&nbsp;<IMG SRC="image_004.jpg" ALT=""></P>

<P STYLE="margin: 0"></P>

<P STYLE="margin: 0"></P>

<P STYLE="margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">April 24, 2017</P>

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

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

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

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

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

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">This letter will
confirm our agreement (the &ldquo;Agreement&rdquo;) with respect to your employment as <B>Chief Financial Officer (&ldquo;CFO&rdquo;)
</B>of the AMERI AND PARTNERS INC (the &ldquo;Company&rdquo;), a subsidiary of AMERI HOLDINGS, INC. (&ldquo;Ameri&rdquo;), having
its principal place of business at 100 Canal Pointe Boulevard, Suite 108, Princeton, New Jersey 08540. This letter will become
effective when fully executed as of the date above (the &ldquo;Effective Date&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: 9999999,serif">1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Title
and Job Duties.</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.8in">&nbsp;<FONT STYLE="font-family: 9999999,serif">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Subject to the terms and conditions set forth in this Agreement, the
Company agrees to employ Viraj Patel (&ldquo;Employee&rdquo;) as CFO reporting to CEO. In this capacity, Employee shall have
the duties, authorities and responsibilities as CFO shall designate from time to time that are not inconsistent with the
Employee&rsquo;s position.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.8in">&nbsp;<FONT STYLE="font-family: 9999999,serif">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Employee
accepts such employment and agrees, during the term of his or her employment, to devote his or her full business and professional
time and energy to the Company. Employee agrees to carry out and abide by all lawful directions of CEO.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.8in">&nbsp;<FONT STYLE="font-family: 9999999,serif">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Without
limiting the generality of the foregoing, the Employee shall not, without the written approval of CEO render services of a business
or commercial nature on Employee&rsquo;s own behalf or on behalf of any other person, firm, or corporation, whether for compensation
or otherwise, during his or her employment hereunder; provided that the foregoing shall not prevent the Employee from (i) serving
on the boards of directors of non-profit organizations and, with the prior written approval of the Board, other for profit companies,
(ii) participating in charitable, civic, educational, professional, community or industry affairs, and (iii) managing the Employee&rsquo;s
passive personal investments, so long as such activities in the aggregate do not materially interfere or conflict with the Employee&rsquo;s
duties hereunder or create a potential business or fiduciary conflict.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: 9999999,serif">2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Salary
and Additional Compensation</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.8in">&nbsp;<FONT STYLE="font-family: 9999999,serif">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Base
Salary</U>. The Company shall pay to the Employee an annual base salary of $200,000 (the &ldquo;Base Salary&rdquo;), less applicable
withholdings and deductions, in accordance with the Company&rsquo;s normal payroll procedures.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.8in">&nbsp;<FONT STYLE="font-family: 9999999,serif">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Discretionary
Bonus</U>. Employee shall be eligible to earn a discretionary bonus of up to $25,000 based upon the achievement of pre-established
performance targets. For the calendar year 2017, the bonus amount will be prorated from the date of hire to the end of the fiscal
year. Such bonus shall be paid, less applicable withholdings and deductions, within seventy-five (75) day of the end of the fiscal
year in which such bonus was earned.</P>

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<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Ameri
and Partners Inc</FONT></P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">100
Canal Pointe Boulevard, Suite 108, Princeton, New Jersey - 08540</FONT></P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: right; text-indent: 1in"><IMG SRC="image_004.jpg" ALT=""><FONT STYLE="font-family: 9999999,serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.8in">&nbsp;<FONT STYLE="font-family: 9999999,serif">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Stock
Options</U>. Employee shall be eligible to participate in any stock plan established by the Company, subject to approval of the
Company&rsquo;s Compensation Committee, and the terms and conditions of the Company&rsquo;s 2015 Equity Incentive Award Plan.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: 9999999,serif">3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Expenses</U>.
In accordance with Company policy, the Company shall reimburse the Employee for all reasonable business expenses properly and reasonably
incurred and paid by the Employee in the performance of his duties under this Agreement upon Employee&rsquo;s presentment of detailed
receipts in the form required by the Company&rsquo;s policy.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: 9999999,serif">4.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Benefits</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.8in">&nbsp;<FONT STYLE="font-family: 9999999,serif">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Vacation</U>.
The Employee shall be entitled to accrue 15 days of vacation per year, in accordance with the Company&rsquo;s standard vacation
policy extended to employees of the Company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.8in">&nbsp;<FONT STYLE="font-family: 9999999,serif">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Health
Insurance and Other Plans</U>. The Employee shall be eligible to participate in the Company&rsquo;s medical and other employee
benefit programs, if any, that are provided by the Company for its employees generally, at levels commensurate with the Employee&rsquo;s
position, in accordance with the provisions of any such plans, as the same may be in effect from time to time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: 9999999,serif">5.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Term
and Termination</U>. The terms set forth in this Agreement will commence on the Effective Date and shall remain in effect until
termination by either party. Either party may terminate the Employee&rsquo;s employment on an at-will basis at any time and for
any reason or no reason, upon written notice to the other party.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: 9999999,serif">6.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Confidentiality
Agreement</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.8in">&nbsp;<FONT STYLE="font-family: 9999999,serif">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Employee
understands that during the Employment Period, he may have access to unpublished and otherwise confidential information both of
a technical and non-technical nature, relating to the business of the Company, its affiliates, or its customers, vendors or other
third parties, including, without limitation, any of their actual or anticipated business, research or development, any of their
technology or the implementation or exploitation thereof, including, without limitation, information Employee and others have
collected, obtained or created, information pertaining to customers, accounts, vendors, prices, costs, materials, processes, codes,
material results, technology, system designs, system specifications, materials of construction, trade secrets and equipment designs,
including information disclosed to the Company by others under agreements to hold such information confidential (collectively,
the &ldquo;Confidential Information&rdquo;). Employee agrees to observe all Company policies and procedures concerning such Confidential
Information. Employee further agrees not to disclose or use, either during his employment or at any time thereafter, any Confidential
Information for any purpose, including, without limitation, any competitive purpose, unless authorized to do so by the Company
in writing, except that he may disclose and use such information in the good faith performance of his duties for the Company.
Employee&rsquo;s obligations under this Agreement will continue with respect to Confidential Information, whether or not his employment
is terminated, until such information becomes generally available from public sources through no fault of Employee or any representative
of Employee. Notwithstanding the foregoing, however, Employee shall be permitted to disclose Confidential Information as may be
required by a subpoena or other governmental order, provided that he first notifies the Company of such subpoena, order or other
requirement and such that the Company has the opportunity to obtain a protective order or other appropriate remedy.</P>

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<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Ameri
and Partners Inc</FONT></P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">100
Canal Pointe Boulevard, Suite 108, Princeton, New Jersey - 08540</FONT></P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: right; text-indent: 1in"><IMG SRC="image_004.jpg" ALT=""><FONT STYLE="font-family: 9999999,serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.8in">&nbsp;<FONT STYLE="font-family: 9999999,serif">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>During
the Employment Period, upon the Company&rsquo;s request, or upon the termination of his employment for any reason, Employee will
promptly deliver to the Company all documents, records, files, notebooks, manuals, letters, notes, reports, customer and supplier
lists, cost and profit data, e-mail, apparatus, computers, blackberries or other PDAs, hardware, software, drawings, blueprints,
and any other material belonging to the Company or any of its customers, including all materials pertaining to Confidential Information
developed by Employee or others, and all copies of such materials, whether of a technical, business or fiscal nature, whether on
the hard drive of a laptop or desktop computer, in hard copy, disk or any other format, which are in his possession, custody or
control. Notwithstanding anything in this Section to the contrary, Employee shall not be required to return to the Company apparatuses,
computers, blackberries or other PDAs, or other devices that are owned by Employee and not by the Company, but Employee may be
required to deliver such devices to the Company or its designee for a period during which the Company shall delete from such devices
Confidential Information of the Company, if any.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: 9999999,serif">7.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Assignment
of Intellectual Property</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.8in">&nbsp;<FONT STYLE="font-family: 9999999,serif">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Employee
will promptly disclose to the Company any idea, invention, discovery or improvement, whether patentable or not (&ldquo;Creations&rdquo;),
conceived or made by him alone or with others at any time during his employment with the Company or its affiliates. Employee agrees
that the Company owns any such Creations, conceived or made by Employee alone or with others at any time during his employment,
and Employee hereby assigns and agrees to assign to the Company all moral or other rights he has or may acquire therein and agrees
to execute any and all applications, assignments and other instruments relating thereto which the Company deems necessary or desirable.
Employee hereby waives and relinquishes all moral rights he has or may acquire in the Creations and agrees to execute any and all
other waivers and instruments relating thereto which the Company deems necessary or desirable. These obligations shall continue
beyond the termination of his employment with respect to Creations and derivatives of such Creations conceived or made during his
employment with the Company. The Company and Employee understand that the obligation to assign Creations to the Company shall not
apply to any Creation which is developed entirely on his own time without using any of the Company&rsquo;s equipment, supplies,
facilities, and/or Confidential Information unless such Creation (i)&nbsp;relates in any way to the business or to the current
or anticipated research or development of the Company, or (ii)&nbsp;results in any way from his work at the Company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.8in">&nbsp;<FONT STYLE="font-family: 9999999,serif">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>In
any jurisdiction in which moral rights cannot be assigned, Employee hereby waives any such moral rights and any similar or analogous
rights under the applicable laws of any country of the world that Employee may have in connection with the Creations, and to the
extent such waiver is unenforceable, hereby covenants and agrees not to bring any claim, suit or other legal proceeding against
the Company or any of its affiliates claiming that Employee&rsquo;s moral rights have been violated.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.8in">&nbsp;<FONT STYLE="font-family: 9999999,serif">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Employee
agrees to cooperate fully with the Company both during and after his employment with the Company, with respect to the procurement,
maintenance and enforcement of copyrights, patents, trademarks and other intellectual property rights (both in the United States
and foreign countries) relating to such Creations. Employee shall sign all papers, including, without limitation, copyright applications,
patent applications, declarations, oaths, formal assignments, assignments of priority rights and powers of attorney, which the
Company may deem necessary or desirable in order to protect its rights and interests in any Creations. Employee further agrees
that if the Company is unable, after reasonable effort, to secure Employee&rsquo;s signature on any such papers, any officer of
the Company shall be entitled to execute such papers as his agent and attorney-in-fact and Employee hereby irrevocably designates
and appoints each officer of the Company as his agent and attorney-in-fact to execute any such papers on his behalf and to take
any and all actions as the Company may deem necessary or desirable in order to protect its rights and interests in any Creations,
under the conditions described in this paragraph.</P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"></FONT></P>

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<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Ameri
and Partners Inc</FONT></P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">100
Canal Pointe Boulevard, Suite 108, Princeton, New Jersey - 08540</FONT></P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: right; text-indent: 1in"><IMG SRC="image_004.jpg" ALT=""><FONT STYLE="font-family: 9999999,serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: 9999999,serif">8.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Non-Competition
Agreement</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.8in">&nbsp;<FONT STYLE="font-family: 9999999,serif">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>The
Employee will not, for a period of two (2) years following the termination of his employment for any reason (the &ldquo;<U>Restricted
Period</U>&rdquo;), directly or indirectly, for himself or on behalf of or in conjunction with any other person or entity, engage
in, invest in or otherwise participate in (whether as an owner, employee, officer, director, manager, consultant, independent contractor,
agent, partner, advisor, or in any other capacity) any business of management consulting in the SAP software market (such business,
the &ldquo;<U>Restricted Business</U>&rdquo;) in any Restricted Area. Notwithstanding the above, the foregoing covenant shall not
be deemed to prohibit the acquisition as a passive investment of not more than five percent (5%) of the capital stock of a competing
business whose stock is traded on a national securities exchange or over-the-counter and shall not be deemed to prohibit the acquisition
of any shares of capital stock of Company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.8in">&nbsp;<FONT STYLE="font-family: 9999999,serif">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>During
the Restricted Period, the Employee will not directly or indirectly, for himself or on behalf of or in conjunction with any other
person or entity, (i) solicit or hire (or assist or encourage any other person or entity to solicit or hire), or otherwise interfere
in any manner with any employee, advertiser or strategic partner of the Company (each, a &ldquo;<U>Restricted Entity</U>&rdquo;),
other than by general public advertisement or other such general solicitation not specifically targeted at any such Person, (ii)
induce or request any customer of any Restricted Entity to reduce, cancel or terminate its business with such Restricted Entity
or otherwise interfere in any manner in any Restricted Entity&rsquo;s business relationship with any of its customers, or (iii)
solicit or accept business from any customer of any Restricted Entity in connection with a Restricted Business.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.8in">&nbsp;<FONT STYLE="font-family: 9999999,serif">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>The
Employee agrees that the foregoing covenants are reasonable with respect to their duration, geographic area and scope. If a judicial
determination is made that any provision of this Section 8 constitutes an unreasonable or otherwise unenforceable restriction
against the Employee, then the provisions of this Section 8 shall be rendered void with respect to the Employee only to the extent
such judicial determination finds such provisions to be unenforceable. In that regard, any judicial authority construing this
Section 8 shall be empowered to sever any prohibited business activity, time period or geographical area from the coverage of
any such agreements and to apply the remaining provisions of this Section 8 to the remaining business activities, time periods
and/or geographical areas not so severed. Moreover, in the event that any provision, or the application thereof, of this Section
8 is determined not to be specifically enforceable, the Company may be entitled to recover monetary damages as a result of the
breach of such agreement.</P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"></FONT></P>

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<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Ameri
and Partners Inc</FONT></P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">100
Canal Pointe Boulevard, Suite 108, Princeton, New Jersey - 08540</FONT></P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: right; text-indent: 1in"><IMG SRC="image_004.jpg" ALT=""><FONT STYLE="font-family: 9999999,serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.8in">&nbsp;<FONT STYLE="font-family: 9999999,serif">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>For
purposes of this Agreement, the term &ldquo;<U>Restricted Area</U>&rdquo; means any geographical area in which a material amount
of the business of the Company is conducted or pursued at any time during the Restricted Period.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: 9999999,serif">9.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Representation
and Warranty</U>. The Employee represents and warrants to the Company that Employee is not subject to any agreement restricting
his ability to enter into this Agreement and fully carry out his duties and responsibilities hereunder. The Employee hereby indemnifies
and holds the Company harmless against any losses, claims, expenses (including reasonable attorneys&rsquo; fees), damages or liabilities
incurred by the Company as a result of a breach of the foregoing representation and warranty.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: 9999999,serif">10.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Notice</U>.
Any notice or other communication required or permitted to be given to any of the parties hereto shall be deemed to have been
given if personally delivered, or if sent by nationally recognized overnight courier, and addressed as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.85in; text-align: justify; text-indent: 0in">If to the Employee,
to:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.85in; text-align: justify; text-indent: 0in">the address shown
on the records of the Company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.85in; text-align: justify; text-indent: 0in">If to the Company,
to:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt 0.85in; text-align: justify; text-indent: 0in">c/o Ameri Holdings,
Inc.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt 0.85in; text-align: justify; text-indent: 0in">100 Canal Pointe
Boulevard, Ste. 108</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt 0.85in; text-align: justify; text-indent: 0in">Princeton, New Jersey 08540</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: 9999999,serif">11.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Severability</U>.
If any provision of this Agreement is declared void or unenforceable by a court of competent jurisdiction, all other provisions
shall nonetheless remain in full force and effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: 9999999,serif">12.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Governing
Law and Consent to Jurisdiction</U>. This Agreement shall be governed by, and construed and enforced in accordance with, the laws
of the State of New York without regard to the conflict of laws provisions thereof. Each of the parties hereto hereby irrevocably
submits to the exclusive jurisdiction of any state or federal court in New York over any action or proceeding arising out of or
relating to this Agreement and each of the parties hereto hereby irrevocably agrees that all claims in respect of such action
or proceeding shall be heard and determined in such New York state or Federal court. Each of the parties hereto hereby irrevocably
waives, to the fullest extent legally possible, the defense of an inconvenient forum to the maintenance of such action or proceeding.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: 9999999,serif">13.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Waiver</U>.
The waiver by any of the parties hereto of a breach of any provision of this Agreement shall not be construed as a waiver of any
subsequent breach. The failure of a party to insist upon strict adherence to any provision of this Agreement on one or more occasions
shall not be considered a waiver or deprive that party of the right thereafter to insist upon strict adherence to that provision
or any other provision of this Agreement. Any waiver must be in writing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: 9999999,serif">14.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Injunctive
Relief</U>. Without limiting the remedies available to the Company, Employee acknowledges that a breach of any of the covenants
contained in Sections 6, 7 or 8 would result in material irreparable injury to the goodwill of the Company for which there is
no adequate remedy at law, that it will not be possible to measure damages for such injuries precisely and that, in the event
of such a breach or threat thereof, the Company shall be entitled, without the requirement to post bond or other security, to
obtain a temporary restraining order or preliminary or permanent injunction restraining Employee from engaging in activities prohibited
by this Agreement or such other relief as may be required to specifically enforce any of the covenants in Section 6, 7 or 8 of
this Agreement, in addition to all other remedies available at law or in equity.</P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"></FONT></P>

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<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Ameri
and Partners Inc</FONT></P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">100
Canal Pointe Boulevard, Suite 108, Princeton, New Jersey - 08540</FONT></P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: right; text-indent: 1in"><IMG SRC="image_004.jpg" ALT=""><FONT STYLE="font-family: 9999999,serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: 9999999,serif">15.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Assignment</U>.
This Agreement is a personal contract and the Employee may not sell, transfer, assign, pledge or hypothecate his rights, interests
and obligations hereunder. Except as otherwise herein expressly provided, this Agreement shall be binding upon and shall inure
to the benefit of the Employee and his personal representatives and shall inure to the benefit of and be binding upon the Company
and its successors and assigns.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: 9999999,serif">16.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Entire
Agreement</U>. This Agreement (together with the Exhibits attached hereto) embodies all of the representations, warranties, and
agreements between the parties hereto relating to the Employee&rsquo;s employment with the Company. No other representations, warranties,
covenants, understandings, or agreements exist between the parties hereto relating to the Employee&rsquo;s employment. This Agreement
shall supersede all prior agreements, written or oral, relating to the Employee&rsquo;s employment. This Agreement may not be amended
or modified except by a writing signed by each of the parties hereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center; text-indent: 0in">[<I>Signature page
follows.</I>]</P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"></FONT></P>

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<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Ameri
and Partners Inc</FONT></P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">100
Canal Pointe Boulevard, Suite 108, Princeton, New Jersey - 08540</FONT></P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"></P>

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    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: right; text-indent: 1in"><IMG SRC="image_004.jpg" ALT=""><FONT STYLE="font-family: 9999999,serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: left; text-indent: 0.5in">IN WITNESS WHEREOF,
the parties hereto have caused this Agreement to be duly executed and delivered on the date above.</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%; padding-right: 5.75pt; padding-left: 5.75pt">&nbsp;</TD>
    <TD STYLE="width: 50%">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="text-transform: uppercase">&nbsp;</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="text-transform: uppercase">&nbsp;</FONT></P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">By: <I><U>/s/ Giri Devanur</U></I></P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Giri Devanur</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;President &amp; Chief Executive Officer</TD></TR>
<TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>Agreed to and Accepted:</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; border-bottom: Black 0.5pt solid"><I>/s/ Viraj Patel</I></P></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>VIRAJ PATEL</TD>
    <TD>&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: left"></P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"></FONT></P>

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<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Ameri
and Partners Inc</FONT></P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">100
Canal Pointe Boulevard, Suite 108, Princeton, New Jersey - 08540</FONT></P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"></P>

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

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



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<TYPE>EX-99.1
<SEQUENCE>3
<FILENAME>ex991to8k10211002_042517.htm
<TEXT>
<HTML>
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<P STYLE="margin: 0; text-align: right">Exhibit 99.1</P>

<P STYLE="margin: 0; text-align: right">&nbsp;</P>

<P STYLE="margin: 0; text-align: left"></P>

<P STYLE="font: 10pt/27pt Times New Roman, Times, Serif; margin: 0 0 15pt; background-color: white"><B>Ameri100 Announces Appointment
of Chief Financial Officer</B></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; background-color: white"><B>PR Newswire</B>April 25, 2017</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; background-color: white">PRINCETON, N.J., April 25, 2017
/PRNewswire/ --&nbsp;AMERI Holdings, Inc. (&quot;Ameri100&quot; or the &quot;Company&quot;) (AMRH), a leading integrated SAP&reg;
solutions provider, today announced the appointment of Viraj Patel as Chief Financial Officer.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; background-color: white">Viraj comes with over 25 years of
experience including as Chief Financial Officer and Chief Accounting Officer of publicly traded companies listed on the New York
Stock Exchange and NASDAQ. Prior to joining Ameri100, Viraj served as the Chief Financial Officer of two technology start-ups and
previously served as the Chief Financial Officer for UTStarcom, a multi-billion global telecommunications company. During his time
as Chief Financial Officer at UTStarcom, Viraj led a global team of finance and operations professionals and was instrumental in
streamlining the company's operations resulting in increased EBITDA margins. Viraj has also held senior finance positions at various
technology and software companies where he had extensive experience in mergers and acquisitions, treasury management, equity and
debt financing, and financial planning. Viraj started his career with the accounting firm PricewaterhouseCoopers. He holds a bachelor's
degree in business administration from Pace University and is a Certified Public Accountant.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; background-color: white">&quot;Viraj is an accomplished executive
with significant financial and operational expertise, including as a public company Chief Financial Officer, and he will be an
exceptional addition to our team,&quot; said Giri Devanur, President and Chief Executive Officer of Ameri100. &quot;Viraj's broad,
global business experience will be an asset to us in implementing a significantly streamlined cost structure and operating model,
while enabling us to focus on our highest-potential growth opportunities.&quot;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; background-color: white">About Ameri100</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; background-color: white">AMERI Holdings, Inc. is a fast-growing
company that, through the operations of its twelve subsidiaries, provides SAP cloud and digital enterprise services to clients
worldwide. Headquartered in Princeton, New Jersey with offices in New York, Atlanta, Dallas, Chandler, Kansas City, Folsom, and
Toronto. The Company has offices in Bangalore, Chennai, Mumbai, and Noida, India. Ameri100 is a Lean Enterprise Architecture Partner
(LEAP), which provides a global partner ecosystem with deep knowledge and capabilities to build and implement complex solutions
for clients and thereby building long term sustainable value. For further information, visit&nbsp;www.ameri100.com.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; background-color: white">Forward-Looking Statements</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; background-color: white">This press release includes forward-looking
statements that relate to the business and expected future events or future performance of Ameri100 and involve known and unknown
risks, uncertainties and other factors that may cause its actual results, levels of activity, performance or achievements to differ
materially from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking
statements. Words such as, but not limited to, &quot;believe,&quot; &quot;expect,&quot; &quot;anticipate,&quot; &quot;estimate,&quot;
&quot;intend,&quot; &quot;plan,&quot; &quot;targets,&quot; &quot;likely,&quot; &quot;will,&quot; &quot;would,&quot; &quot;could,&quot;
and similar expressions or phrases identify forward-looking statements. Forward-looking statements include, but are not limited
to, statements about Ameri100's financial and growth projections as well as statements concerning our plans, predictions, estimates,
strategies, intentions, beliefs and other information concerning our business and the markets in which we operate. The future performance
of Ameri100 may be adversely affected by the following risks and uncertainties: the level of market demand for our services, the
highly-competitive market for the types of services that we offer, market conditions that could cause our customers to reduce their
spending for our services, our ability to create, acquire and build new businesses and to grow our existing businesses, our ability
to attract and retain qualified personnel, currency fluctuations and market conditions around the world, and other risks not specifically
mentioned herein but those that are common to industry. For a more detailed discussion of these factors and risks, investors should
review Ameri100's reports on Form 10-K and other reports filed with the Securities and Exchange Commission (the &quot;SEC&quot;),
which can be accessed through the SEC's website. Forward-looking statements in this press release are based on management's beliefs
and opinions at the time the statements are made. All forward- looking statements are qualified in their entirety by this cautionary
statement, and Ameri100 undertakes no duty to update this information to reflect future events, information or circumstances.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; background-color: white">Investor and Media Contact:<BR>
Carlos Fernandez<BR>
100 Canal Pointe Blvd, Suite 108<BR>
Princeton, NJ 08540<BR>
Phone: (732) 243-9250<BR>
Email:&nbsp;carlos.fernandez@ameri100.com</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0in">&nbsp;</P>



<P STYLE="margin: 0; text-align: left"></P>

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</SEC-DOCUMENT>
