Item 1.02  Termination of a Material Definitive Agreement.
As previously disclosed, on May 24, 2020, Pareteum Corporation (the "Company")
entered into a new Forbearance Agreement, dated as of May 20, 2021 (the
"Forbearance Agreement"), with High Trail Investments SA LLC ("HT"), the holder
of (i) that certain Senior Secured Convertible Note due 2025, dated as of June
8, 2020, issued by the Company (the "High Trail Note") and (ii) that certain
Warrant to Purchase Common Stock, dated June 8, 2020 (the "High Trail Warrant"),
issued by the Company. HT and the Company are also party to that certain
Securities Purchase Agreement, dated June 8, 2020 (the "High Trail SPA"), under
which the High Trail Note and Warrant were originally sold.
Under the terms of the Forbearance Agreement, the Company admitted that it was
in default of several obligations under the High Trail Note and the High Trail
SPA, HT acknowledged such defaults and HT agreed not to exercise any right or
remedy under the High Trail Note, the High Trail SPA, the High Trail Warrant or
the related security documents (collectively, the "Transaction Documents"),
including its right to accelerate the aggregate amount outstanding under the
High Trail Note, its right to exercise any remedy with respect to any Company
assets securing the Company's obligations under the Transaction Documents and
its right to bring legal proceedings against the Company under the Transaction
Documents, until the earlier of May 31, 2020 or any later date to which such
date may be extended (the "Outside Date"), and the date of any new event of
default or initiation of any action by the Company to invalidate any of the
representations and warranties made in the Forbearance Agreement. The Outside
Date automatically extended for successive two-week periods unless on or before
the then-applicable Outside Date HT provides notice that the Outside Date is not
being extended.
On August 16, 2021, HT provided notice to the Company that the Outside Date was
not being extended, and accordingly, HT's agreement to forbear taking the
foregoing actions with respect to the Company's defaults under the Transaction
Documents terminates on August 23, 2021.
The foregoing description is qualified in its entirety by the terms of the
Forbearance Agreement, which is incorporated herein by reference and attached
hereto as Exhibit 10.1.

Item 2.04 Triggering Events That Accelerate or Increase a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement The information concerning the defaults under the High Trail Note and the High Trail SPA described under Item 1.01 of this Current Report on Form 8-K is incorporated into this Item 2.04 by reference.




Item 9.01.  Financial Statements and Exhibits.
(d)  Exhibits
 Exhibit Number                                           Description
      10.1              Forbearance Agreement, dated as of May 20, 2021,

between Pareteum Corporation


                        and HT Investments SA LLC (incorporated by

reference to Pareteum Corporation's


                        current report on Form 8-K dated May 24, 2021).

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