SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
__________________________
FORM
8-K
CURRENT
REPORT
PURSUANT
TO SECTION 13 OR 15(d) OF THE
SECURITIES
EXCHANGE ACT OF 1934
Date of
Report: (Date of earliest event reported): February 4, 2010 (January 29,
2010)
INX
Inc.
(Exact
name of registrant as specified in its charter)
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Delaware
(State
of Incorporation)
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1-31949
(Commission
File Number)
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76-0515249
(IRS
Employer Identification No.)
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11757
Katy Freeway
Houston,
Texas 77079
(Address
of Registrant’s principal executive offices)
(713)
795-2000
(Registrant’s
telephone number, including area code)
(Not
Applicable)
(Former
name or former address, if changed since last report)
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):
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o
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Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
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o
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Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
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o
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Pre-commencement
communications pursuant to Rule 14-d-2(b) under the Exchange Act (17
CFR 240.14d-2(b))
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o
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Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17
CFR 240.14d-4(c))
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Item
8.01 Other Events
On
January 29, 2010, a settlement agreement (“Agreement”) was executed in the
lawsuit styled INX Inc. v.
International Business Machines Corp. (“IBM”) for all outstanding
litigation between the parties previously disclosed. This contract dispute was
previously disclosed in the Form 10-K/A of INX Inc. (“INX”) for the year ended
December 31, 2008. The Agreement requires IBM to pay INX the amount
of $310,000 less legal fees of $112,000 within 30 days, which will be recorded
by INX in the first quarter of 2010 as a reduction of selling, general and
administrative expenses.
SIGNATURE
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.
Date:
February 4, 2010
INX Inc.
/s/ Brian
Fontana
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Brian
Fontana
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Vice
President and Chief Financial
Officer
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