XpresSpa Group Inc (XSPA)

[Ipittydafoo]

Yes it does, it refers to VRNG, which is defined as the 'the Company' in the first sentence.

therefore VRNG will not be impacted by the cap UNLESS the amounts recieved by google substantiall exceed the 30 million..

this is very much part of my point...

The clause i mentioned prior clearly states to me that a material change in the agreement occurs if awarded greater than 30 million.

They have telegraphed a material change without specifying the details, great legal artistry. But I have done alot of legal work, the words mean always mean something to attorneys they are very careful in how they craft / agree to press releases, 8k's etc There is a cap for certain, but it may be higher than people percieve.

They have told us something 'quietly'