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Jason Starr
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Comment above posted as an answer. No, that is not true. One counterexample is when $X=\mathbb{A}^1 = \text{Spec} \ \mathbb{C}[x]$, $m$ equals $1$, $\phi(\lambda,x)$ equals $\lambda x$, and $\psi(\lambda,x)$ equals $\lambda(x-1)+1$.

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