EX-10.5





 Exhibit 10.5 

Final Version 

INDEMNITY AGREEMENT 
 This
Indemnity Agreement, dated as of                          , 20     (the “Agreement”)
is made by and between Accel Entertainment, Inc., a Delaware corporation (the “Company”), and
                            , (the “Indemnitee”). 

RECITALS 

A.    The Indemnitee [currently serves][is expected to serve] as [a director/an officer/a key employee] of the Company[,
and also serves at the request of the Company as [                    ] of
[                    ]]; 

B.    The Company is aware that competent and experienced persons are increasingly reluctant to serve as representatives
of corporations unless they are protected by comprehensive liability insurance and indemnification, due to increased exposure to litigation costs and risks resulting from their service to such corporations, and due to the fact that the exposure
frequently bears no relationship to the compensation of such representatives; 
 C.    The members of the Board of
Directors of the Company (the “Board”) have concluded that to retain and attract talented and experienced individuals to serve as representatives of the Company and its Subsidiaries and Affiliates (each as defined below) and
to encourage such individuals to take the business risks necessary for the success of the Company and its Subsidiaries and Affiliates, it is necessary for the Company to contractually indemnify certain of its representatives and the representatives
of its Subsidiaries and Affiliates, and the Board has determined that the following Agreement is reasonable and prudent to promote and ensure the best interests of the Company and its stockholders; 

D.    Section 145 of the Delaware General Corporation Law
(“Section 145”), empowers the Company to indemnify by agreement its officers, directors, employees and agents, and persons who serve, at the request of the Company, as directors, officers,
employees or agents of other corporations, partnerships, joint ventures, trusts or other enterprises, and expressly provides that the indemnification provided thereby is not exclusive; and 

E.    The Company desires and has requested Indemnitee to serve or continue to serve as a representative of the Company
and/or the Subsidiaries or Affiliates of the Company free from undue concern about unjustified claims for damages arising out of or related to the Indemnitee’s performance of their duties to the Company and/or the Subsidiaries or Affiliates of
the Company. 
 AGREEMENT 

NOW, THEREFORE, in consideration of the foregoing and the Indemnitee’s agreement to provide services to the Company, the parties hereto,
intending to be legally bound, hereby agree as follows: 












 1.    Definitions. 

(a)    Affiliate. For purposes of this Agreement, “Affiliate” of the Company means
any corporation, partnership, limited liability company, joint venture, trust or other enterprise in respect of which Indemnitee is or was or will be serving as a director, officer, trustee, manager, member, partner, employee, agent, attorney,
consultant, member of the entity’s governing body (whether constituted as a board of directors, board of managers, general partner or otherwise), fiduciary, or in any other similar capacity at the request, election or direction of the Company,
and including, but not limited to, any employee benefit plan of the Company or a Subsidiary or Affiliate of the Company. 

(b)    Change in Control. For purposes of this Agreement, “Change in Control” means
any event or circumstance after the date of this Agreement where (i) any “person” (as such term is used in Sections 13(d) and 14(d) of the Securities Exchange Act of 1934, as amended), other than a Subsidiary or a trustee or other
fiduciary holding securities under an employee benefit plan of the Company or Subsidiary, is or becomes the “beneficial owner” (as this phrase is defined in Rule 13d-3 under said Act), directly or
indirectly, of securities of the Company representing 50% or more of the total voting power represented by the Company’s then outstanding capital stock, (ii) during any period of two consecutive years, individuals who at the beginning of
such period constitute the Board and any new director whose election by the Board or nomination for election by the Company’s stockholders was approved by a vote of at least two-thirds (2/3) of the
directors then still in office who either were directors at the beginning of the period or whose election or nomination for election was previously so approved, cease for any reason to constitute a majority thereof, (iii) the stockholders of
the Company approve a merger or consolidation of the Company with any other corporation, other than a merger or consolidation that would result in the outstanding capital stock of the Company outstanding immediately prior thereto continuing to
represent (either by remaining outstanding or by being converted into capital stock of the surviving entity) at least 50% of the total voting power represented by the capital stock of the Company or such surviving entity outstanding immediately
after such merger or consolidation (iv) or the stockholders of the Company approve a plan of complete liquidation of the Company or an agreement for the sale or disposition by the Company (in one transaction or a series of transactions) of all
or substantially all of the Company’s assets. 
 (c)    Expenses. For purposes of this Agreement,
“Expenses” means all costs, expenses and obligations (including, without limitation, all attorneys’ fees and related disbursements, and other
out-of-pocket costs) paid or incurred by Indemnitee in connection with either the investigation, defense or appeal of, or being a witness or otherwise involved in, a
Proceeding (as defined below); provided, however, that Expenses shall not include any judgments, fines, taxes (including ERISA or other benefit plan related excise taxes or penalties) or amounts paid in settlement of a Proceeding. 

(d)    Indemnifiable Event. For purposes of this Agreement, “Indemnifiable Event”
means any event or occurrence, occurring on or after the date of this Agreement, related to Indemnitee’s service for the Company or any Subsidiary or Affiliate as an Indemnifiable Person (as defined below), or by reason of anything done or not
done, or any act or omission, by Indemnitee in any such capacity. 

  
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 (e)    Indemnifiable Person. For the purposes of this
Agreement, “Indemnifiable Person” means any person who is or was a director, officer, trustee, manager, member, partner, employee, attorney, consultant, member of an entity’s governing body (whether constituted as a
board of directors, board of managers, general partner or otherwise) or other agent or fiduciary of the Company or a Subsidiary or Affiliate of the Company. 

(f)    Independent Counsel. For purposes of this Agreement, “Independent Counsel”
means legal counsel that is experienced in matters governed by the General Corporation Law of the State of Delaware (the “DGCL”) and that has not performed services for the Company or Indemnitee in the five years preceding
the time in question and that would not, under applicable standards of professional conduct, have a conflict of interest in representing either the Company or Indemnitee. 

(g)    Independent Director. For purposes of this Agreement, “Independent Director”
means a member of the Board who is not and was not a party to the Proceeding for which a claim is made under this Agreement. 

(h)    Other Liabilities. For purposes of this Agreement, “Other Liabilities” means
any and all damages, losses, liabilities, judgments, fines, penalties, taxes (including ERISA or other benefit plan related excise taxes or penalties), and amounts paid in settlement and all interest, taxes, assessments and other charges paid or
payable in connection with or in respect of any such judgments, fines, ERISA (or other benefit plan related) excise taxes or penalties, or amounts paid in settlement. 

(i)    Proceeding. For the purposes of this Agreement, “Proceeding” means any
threatened, pending, or completed action, suit or other proceeding, whether civil, criminal, administrative, investigative, legislative or other, including any arbitration or other alternative dispute resolution and including any appeal of any of
the foregoing and whether made pursuant to federal, state or other law. 
 (j)    Subsidiary. For purposes
of this Agreement, “Subsidiary” means any entity of which more than 50% of the outstanding voting securities is owned directly or indirectly by the Company. 

2.    Agreement to Serve. The Indemnitee agrees to serve as an Indemnifiable Person in the capacity or
capacities in which Indemnitee may currently serve the Company as an Indemnifiable Person, and/or any additional capacity in which Indemnitee may agree to serve, until such time as Indemnitee’s service in a particular capacity shall end
according to the terms of an agreement, the Company’s Certificate of Incorporation or Bylaws, governing law, or otherwise. Nothing contained in this Agreement is intended to create any right to continued employment or other form of service for
the Company or a Subsidiary or Affiliate of the Company by Indemnitee. 
 3.    Mandatory Indemnification.

 (a)    Agreement to Indemnify. Subject to Section 8 and Section 9 of this Agreement, in the
event Indemnitee is a person who was or is a party to or witness in or is threatened to be made a party to or witness in any Proceeding by reason of an Indemnifiable 

  
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Event, the Company shall indemnify Indemnitee from and against any and all Expenses and Other Liabilities incurred by Indemnitee in connection with (including in preparation for) such Proceeding
to the fullest extent not prohibited by the provisions of the Company’s Bylaws and the DGCL, as the same may be amended from time to time (but only to the extent that such amendment permits the Company to provide broader indemnification rights
than the Bylaws or the DGCL permitted prior to the adoption of such amendment) if Indemnitee acted in good faith and in a manner Indemnitee reasonably believed to be in or not opposed to the best interests of the Company and, in the case of a
criminal Proceeding, had no reasonable cause to believe that Indemnitee’s conduct was unlawful; provided that, in order to be entitled to indemnification of any amounts paid in settlement, the Company or Independent Counsel, as applicable
pursuant to Section 7(d), must have consented in writing to such settlement in advance. 

(b)    Exception for Amounts Covered by Insurance and Other Sources. Notwithstanding the foregoing, the
Company shall not be obligated to indemnify Indemnitee for Expenses or Other Liabilities of any type whatsoever (including, but not limited to judgments, fines, penalties, ERISA or other benefit plan related excise taxes or penalties and amounts
paid in settlement) to the extent such have been paid directly to Indemnitee (or paid directly to a third party on Indemnitee’s behalf) by any directors and officers, or other type, of insurance maintained by the Company or pursuant to other
indemnity arrangements with third parties; provided, however, that payments made to Indemnitee pursuant to an insurance policy purchased and maintained by Indemnitee at his or her own expense of any amounts otherwise indemnifiable or obligated to be
made pursuant to this Agreement shall not reduce the Company’s obligations to Indemnitee pursuant to this Agreement. 

4.    Partial Indemnification. If Indemnitee is entitled under any provision of this Agreement to
indemnification by the Company for some or a portion of any Expenses or Other Liabilities but not entitled, however, to indemnification for the total amount of such Expenses or Other Liabilities, the Company shall nevertheless indemnify Indemnitee
for such total amount except as to the portion thereof for which indemnification is prohibited by the provisions of the Company’s Bylaws or the DGCL. 

5.    Liability Insurance. So long as Indemnitee shall continue to serve the Company or a Subsidiary or
Affiliate of the Company as an Indemnifiable Person and thereafter so long as Indemnitee shall be subject to any pending Proceeding as a result of an Indemnifiable Event, the Company shall use commercially reasonable efforts (taking into account the
scope and amount of coverage available relative to the cost thereof) to maintain in effect for the benefit of Indemnitee as an insured (a) liability insurance issued by one or more reputable insurers and having the policy amount and deductible
deemed appropriate by the Board and providing in all respects coverage at least comparable to and in the same amount as that provided to the Chairman of the Board or the Chief Executive Officer of the Company, and (b) any replacement or
substitute policies issued by one or more reputable insurers providing in all respects coverage at least comparable to and in the same amount as that being provided to the Chairman of the Board or the Chief Executive Officer of the Company. The
purchase, establishment and maintenance of any such insurance or other arrangements shall not in any way limit or affect the rights and obligations of the Company or of Indemnitee under this Agreement except as expressly provided herein, and the
execution and delivery of this Agreement by the Company and Indemnitee shall not in any way limit or affect the rights and obligations of the Company or 

  
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the other party or parties thereto under any such insurance or other arrangement. Notwithstanding the foregoing, the Company shall have no obligation to obtain or maintain such insurance if the
Company determines in good faith that such insurance is not reasonably available, if the premium costs for such insurance are disproportionate to the amount of coverage provided, if the coverage provided by such insurance is limited by exclusions so
as to provide an insufficient benefit, or if Indemnitee is covered by similar insurance maintained by a Subsidiary or Affiliate of the Company. In the event of a Change in Control subsequent to the date of this Agreement, or the Company’s
becoming insolvent, including being placed into receivership or entering the federal bankruptcy process, the Company shall maintain in force any directors’ and officers’ liability insurance policies then maintained by the Company in
providing insurance in respect of Indemnitee, for a period of six years thereafter. 
 6.    Mandatory
Advancement of Expenses. If requested by Indemnitee, the Company shall advance prior to the final disposition of the Proceeding all Expenses actually and reasonably incurred by Indemnitee in connection with (including in preparation for) a
Proceeding related to an Indemnifiable Event. Indemnitee, by virtue of his or her execution and delivery of this Agreement, hereby undertakes to repay such amounts advanced if, and only if and to the extent that, it shall ultimately be determined
that Indemnitee is not entitled to be indemnified by the Company under the provisions of this Agreement, the Company’s Bylaws or the DGCL, and no additional form of undertaking with respect to such obligation to repay shall be required. The
advances to be made hereunder shall be paid by the Company to Indemnitee or directly to a third party designated by Indemnitee within thirty (30) days following delivery of a written request therefor by Indemnitee to the Company.
Indemnitee’s undertaking to repay any Expenses advanced to Indemnitee hereunder shall be unsecured and shall not be subject to the accrual or payment of any interest thereon. In the event that Indemnitee’s request for the advancement of
Expenses shall be accompanied by an affidavit of counsel to Indemnitee to the effect that such counsel has reviewed such Expenses and that such Expenses are reasonable in such counsel’s view, then such Expenses shall be deemed reasonable in the
absence of clear and convincing evidence to the contrary. 
 7.    Notice and Other Indemnification
Procedures. 
 (a)    Notification. Promptly after receipt by Indemnitee of notice of the commencement
of or the threat of commencement of any Proceeding, unless the Company is a named co-defendant with Indemnitee, Indemnitee shall, if Indemnitee believes that indemnification or advancement of Expenses with
respect thereto may be sought from the Company under this Agreement, promptly notify the Company, in writing, of the commencement or threat of commencement thereof, including a brief description (based upon information then available to the
Indemnitee) of the nature of, and the facts underlying, such Proceeding. However, a failure so to notify the Company promptly following Indemnitee’s receipt of such notice shall not relieve the Company from any liability that it may have to
Indemnitee except to the extent that the Company is materially prejudiced in its defense of such Proceeding as a result of such failure, provided, however, that the Company shall have the burden to prove the existence of such material prejudice by
clear and convincing evidence. 
 (b)    Insurance and Other Matters. If, at the time of the receipt of a
notice of the commencement of a Proceeding pursuant to Section 7(a) above, the Company has director 

  
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and officer liability insurance in effect under which coverage for Proceedings related to an Indemnifiable Event is potentially available, the Company shall give prompt notice of the commencement
of such Proceeding to the issuers in accordance with the procedures set forth in the respective policies. The Company shall thereafter take all reasonable action to cause such insurers to pay, on behalf of Indemnitee, all amounts payable as a result
of such Proceeding in accordance with the terms of such insurance policies. In addition, the Company will instruct the insurers and the Company’s insurance broker that they may communicate directly with Indemnitee regarding such Proceeding and
related insurance claim. 
 (c)    Assumption of Defense. In the event the Company shall be obligated to
advance the Expenses for any Proceeding against Indemnitee, the Company, if deemed appropriate by the Company, shall be entitled to assume the defense of such Proceeding as provided herein. Such defense by the Company may include the representation
of two or more parties by one attorney or law firm as permitted under the ethical rules and legal requirements related to joint representations. Following delivery of written notice to Indemnitee of the Company’s election to assume the defense
of such Proceeding, the approval by Indemnitee (which approval shall not be unreasonably withheld, conditioned or delayed) of counsel designated by the Company and the retention of such counsel by the Company, the Company will not be liable to
Indemnitee under this Agreement for any fees and Expenses of counsel subsequently incurred by Indemnitee with respect to the same Proceeding. If (i) the employment of counsel by Indemnitee has been previously authorized by the Company,
(ii) Indemnitee shall have notified the Board in writing that Indemnitee has reasonably concluded that there may be a conflict of interest between the Company and Indemnitee in the conduct of any such defense, (iii) the Company fails to
employ counsel to assume the defense of such Proceeding, or (iv) after a Change in Control, the employment of counsel by Indemnitee has been approved by the Independent Counsel, the Expenses related to work conducted by Indemnitee’s
counsel shall be subject to indemnification and/or advancement pursuant to the terms of this Agreement. Nothing herein shall prevent Indemnitee from employing counsel for any such Proceeding at Indemnitee’s expense. Indemnitee agrees that any
such separate counsel retained by Indemnitee will be a member of any approved list of panel counsel under the Company’s applicable directors’ and officers’ insurance policy, should the applicable policy provide for a panel of approved
counsel. 
 (d)    Settlement. The Company shall not be liable to indemnify Indemnitee under this
Agreement or otherwise for any amounts paid in settlement of any Proceeding related to an Indemnifiable Event effected without the Company’s written consent; provided, however, that if a Change in Control has occurred, the Company shall be
liable for indemnification of Indemnitee for amounts paid in settlement if the Independent Counsel has approved the settlement. Neither the Company nor any Subsidiary or Affiliate shall enter into a settlement of any Proceeding that might result in
the imposition of any Expense or Other Liability on Indemnitee, whether indemnifiable under this Agreement or otherwise, without Indemnitee’s written consent. Neither the Company nor Indemnitee shall unreasonably withhold, condition or delay
consent from any settlement of any Proceeding. The Company shall promptly notify Indemnitee upon the Company’s receipt of an offer to settle, or if the Company makes an offer to settle, any Proceeding, and provide Indemnitee with a reasonable
amount of time to consider such settlement, in the case of any such settlement for which the consent of Indemnitee would be required hereunder. The Company shall not, on its own behalf, settle any part of any


  
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Proceeding to which Indemnitee is a party with respect to other parties (including the Company) without the written consent of Indemnitee if any portion of the settlement is to be funded from
insurance proceeds unless approved by a majority of the Independent Directors, provided that this sentence shall cease to be of any force and effect if it has been determined in accordance with this Agreement that Indemnitee is not entitled to
indemnification hereunder with respect to such Proceeding or if the Company’s obligations hereunder to Indemnitee with respect to such Proceeding have been fully discharged. 

8.    Determination of Right to Indemnification. 

(a)    Success on the Merits or Otherwise. To the extent that Indemnitee has been successful on the merits
or otherwise in defense of any Proceeding referred to in Section 3(a) above or in the defense of any claim, issue or matter described therein, the Company shall indemnify Indemnitee against Expenses actually and reasonably incurred in
connection therewith to the fullest extent provided by law. 
 (b)    Indemnification in Other Situations.
In the event that Section 8(a) is inapplicable, the Company shall also indemnify Indemnitee if Indemnitee has satisfied the applicable standard of conduct for indemnification. Any determination that the Indemnitee has satisfied the applicable
standard of conduct shall be made as follows: 
 i.    Those members of the Board who are Independent Directors
even though less than a quorum; 
 ii.    A committee of Independent Directors designated by a majority vote of
Independent Directors, even though less than a quorum; or 
 iii.    Independent Counsel selected by Indemnitee
and approved by the Board, which approval may not be unreasonably withheld, which counsel shall make such determination in a written opinion. 

The party or parties charged with making this determination are referred to herein as the “Reviewing Party”. 

(c)    Decision Timing and Expenses. The Company shall use its reasonable best efforts to cause a
determination as required under Section 8(b) to be made as promptly as practicable. As soon as practicable, and in no event later than thirty (30) days after receipt by the Company of written notice of Indemnitee’s request for
indemnification or selection of an Independent Counsel, if such determination is to be made by Independent Counsel, the Company and Indemnitee shall each submit to the Reviewing Party such information as they believe is appropriate for the Reviewing
Party to consider. The Reviewing Party shall arrive at its decision within a reasonable period of time following the receipt of all such information from the Company and Indemnitee, but in no event later than thirty (30) days following the
receipt of all such information, provided that the time by which the Reviewing Party must reach a decision may be extended by the Reviewing Party upon notice to the Company and the Indemnitee if such Reviewing Party makes a determination in good
faith that additional time is required to obtain or evaluate information relating thereto. All Expenses associated with the process set forth in this Section 8(c), including but not limited to the Expenses of the Reviewing


  
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Party, shall be paid by the Company. Notwithstanding anything in this Agreement to the contrary, no determination as to the entitlement of Indemnitee to indemnification under this Agreement shall
be required to be made prior to the final disposition of any Proceeding. 
 (d)    Delaware Court of
Chancery. Notwithstanding a final determination by any Reviewing Party that Indemnitee is not entitled to indemnification with respect to a specific Proceeding, Indemnitee shall have the right to apply to the Court of Chancery of the State of
Delaware, for the purpose of enforcing Indemnitee’s right to indemnification pursuant to this Agreement. 

(e)    Payment of Indemnification. If, in regard to any Expenses: (i) Indemnitee shall
be entitled to indemnification pursuant to Section 8(a); (ii) no standard of conduct determination is legally required as a condition to indemnification of Indemnitee hereunder; or (iii) Indemnitee has been determined or deemed pursuant to
Section 8(b) to have satisfied the standard of conduct determination, then the Company shall pay to Indemnitee within ten (10) days after the later of receipt by the Company of a written request from Indemnitee for indemnification pursuant
to this Section 8 or the earliest date on which the applicable criterion specified in clauses (i), (ii) or (iii) above is satisfied, an amount equal to such Expenses. 

(f)    Expenses. The Company shall indemnify Indemnitee against all Expenses incurred by Indemnitee in
connection with any hearing or Proceeding under this Section 8 involving Indemnitee and against all Expenses and Other Liabilities incurred by Indemnitee in connection with any other Proceeding between the Company and Indemnitee involving the
interpretation or enforcement of the rights of Indemnitee under this Agreement unless a court of competent jurisdiction finds that each of the material claims of Indemnitee in any such Proceeding was frivolous or made in bad faith. 

9.    Exceptions. Any other provision herein to the contrary notwithstanding, 

(a)    Claims Initiated by Indemnitee. The Company shall not be obligated pursuant to the terms of this
Agreement to indemnify or advance Expenses to Indemnitee with respect to Proceedings or claims initiated or brought voluntarily by Indemnitee and not by way of defense, except (1) with respect to Proceedings brought to establish or enforce a
right to indemnification under this Agreement, any other statute or law, as permitted under Section 145, or otherwise (unless a court of competent jurisdiction determines that each of the material assertions made by Indemnitee in such
Proceeding was not made in good faith or was frivolous), (2) where the Board has consented to the initiation of such Proceeding, or (3) with respect to Proceedings brought to discharge Indemnitee’s fiduciary responsibilities, whether under
ERISA or otherwise, but such indemnification or advancement of Expenses may be provided by the Company in specific cases if the Board finds it to be appropriate; or 

(b)    Actions Based on Federal Statutes Regarding Profit Recovery and Return of Bonus Payments. The Company
shall not be obligated pursuant to the terms of this Agreement to indemnify Indemnitee on account of (i) any suit in which judgment is rendered against Indemnitee by a court of competent jurisdiction in a final adjudication not subject to
further appeal for an accounting of profits made from the purchase or sale by Indemnitee of 

  
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securities of the Company pursuant to the provisions of Section 16(b) of the Securities Exchange Act of l934 and amendments thereto or similar provisions of any federal, state or local
statutory law, or (ii) any reimbursement of the Company by the Indemnitee of any bonus or other incentive-based or equity-based compensation or of any profits realized by the Indemnitee from the sale of securities of the Company, as required in
each case under the Exchange Act (including any such reimbursements that arise from an accounting restatement of the Company pursuant to Section 304 of the Sarbanes-Oxley Act of 2002 (the “Sarbanes-Oxley Act”), or the
payment to the Company of profits arising from the purchase and sale by Indemnitee of securities in violation of Section 306 of the Sarbanes-Oxley Act); or 

(c)    Unlawful Indemnification. The Company shall not be obligated pursuant to the terms of this Agreement
to indemnify Indemnitee for Other Liabilities if such indemnification is prohibited by law as determined by a court of competent jurisdiction in a final adjudication not subject to further appeal. 

10.    Non-exclusivity. The provisions for indemnification and
advancement of Expenses set forth in this Agreement shall not be deemed exclusive of any other rights which Indemnitee may have under any provision of law, the Company’s Certificate of Incorporation or Bylaws, the vote of the Company’s
stockholders or disinterested directors, other agreements, or otherwise, both as to acts or omissions in his or her official capacity and to acts or omissions in another capacity while serving the Company or a Subsidiary or Affiliate as an
Indemnifiable Person and Indemnitee’s rights hereunder shall continue after Indemnitee has ceased serving the Company or a Subsidiary or Affiliate as an Indemnifiable Person and shall inure to the benefit of the heirs, executors and
administrators of Indemnitee. 
 11.    Severability. If any provision or provisions of this Agreement
shall be held to be invalid, illegal or unenforceable for any reason whatsoever by a court of competent jurisdiction, (i) the validity, legality and enforceability of the remaining provisions of the Agreement (including, without limitation, all
portions of any paragraphs of this Agreement containing any such provision held to be invalid, illegal or unenforceable, that are not themselves invalid, illegal or unenforceable) shall not in any way be affected or impaired thereby, and
(ii) to the fullest extent possible, the provisions of this Agreement (including, without limitation, all portions of any paragraphs of this Agreement containing any such provision held to be invalid, illegal or unenforceable, that are not
themselves invalid, illegal or unenforceable) shall be construed so as to give effect to the intent manifested by the provision held invalid, illegal or unenforceable. 

12.    Supersession, Modification and Waiver. This Agreement supersedes any prior indemnification agreement
between the Indemnitee and the Company, its Subsidiaries or its Affiliates. If the Company and Indemnitee have previously entered into an indemnification agreement providing for the indemnification of Indemnitee by the Company, parties entry into
this Agreement shall be deemed to amend and restate such prior agreement to read in its entirety as, and be superseded by, this Agreement. No supplement, modification or amendment of this Agreement shall be binding unless executed in writing by both
of the parties hereto. No waiver of any of the provisions of this Agreement shall be deemed or shall constitute a waiver of any other provision hereof (whether or not similar) and except as expressly provided herein, no such waiver shall constitute
a continuing waiver. 

  
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 13.    Successors and Assigns. The terms of this Agreement
shall bind, and shall inure to the benefit of, and be enforceable by the parties hereto and their respective successors (including any direct or indirect successor by purchase, merger, consolidation or otherwise to all or substantially all of the
business and/or assets of the Company), assigns, spouses, heirs and personal and legal representatives. In addition, the Company shall require and cause any successor (whether direct or indirect by purchase, merger, consolidation or otherwise) to
all, substantially all, or a substantial part, of the business and/or assets of the Company, by written agreement in form and substance satisfactory to Indemnitee, expressly to assume and agree to perform this Agreement in the same manner and to the
same extent that the Company would be required to perform if no such succession had taken place and indemnify Indemnitee to the fullest extent permitted by law. 

14.    Notice. All notices, requests, demands and other communications under this Agreement shall be in
writing and shall be deemed duly given (a) if delivered by hand and a receipt is provided by the party to whom such communication is delivered, (b) if mailed by certified or registered mail with postage prepaid, return receipt requested,
on the signing by the recipient of an acknowledgement of receipt form accompanying delivery through the U.S. mail, (c) personal service by a process server, or (d) delivery to the recipient’s address by overnight delivery (e.g.,
FedEx, UPS or DHL) or other commercial delivery service. Addresses for notice to either party are as shown on the signature page of this Agreement, or as subsequently modified by written notice complying with the provisions of this Section 14.
Delivery of communications to the Company with respect to this Agreement shall be sent to the attention of the Company’s General Counsel. 

15.    No Presumptions. For purposes of this Agreement, the termination of any Proceeding, by judgment,
order, settlement (whether with or without court approval) or conviction, or upon a plea of nolo contendere or its equivalent, shall not, of itself, create a presumption that Indemnitee did not meet any particular standard of conduct or have any
particular belief or that a court has determined that indemnification is not permitted by applicable law or otherwise. In addition, neither the failure of the Company or a Reviewing Party to have made a determination as to whether Indemnitee has met
any particular standard of conduct or had any particular belief, nor an actual determination by the Company or a Reviewing Party that Indemnitee has not met such standard of conduct or did not have such belief, prior to the commencement of
Proceedings by Indemnitee to secure a judicial determination by exercising Indemnitee’s rights under Section 8(d) of this Agreement shall be a defense to Indemnitee’s claim or create a presumption that Indemnitee has failed to meet
any particular standard of conduct or did not have any particular belief or is not entitled to indemnification under applicable law or otherwise. Additionally, any admission of liability by the
Company in connection with any settlement by the Company with a regulatory agency shall not, of itself, create a presumption that Indemnitee did not meet any particular standard of conduct or have any particular belief or that a court has determined
that indemnification is not permitted by applicable law or otherwise. 
 16.    Survival of Rights. The
rights conferred on Indemnitee by this Agreement shall continue after Indemnitee has ceased to serve the Company or a Subsidiary or Affiliate of the Company as an Indemnifiable Person and shall inure to the benefit of Indemnitee’s heirs,
executors and administrators. 

  
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 17.    Subrogation and Contribution. 

(a) In the event of payment to Indemnitee under this Agreement, the Company shall be subrogated to the extent of such payment to all of the
rights of recovery of Indemnitee, who shall execute all documents required and shall do all acts that may be necessary to secure such rights and to enable the Company effectively to bring suit to enforce such rights. 

(b) To the fullest extent permissible under applicable law, if the indemnification provided for in this Agreement is unavailable to Indemnitee
for any reason whatsoever, the Company, in lieu of indemnifying Indemnitee, shall contribute to the amount incurred by or on behalf of Indemnitee, whether for Expenses and/or Other Liabilities, in connection with any Proceeding relating to an
Indemnifiable Event under this Agreement, in such proportion as is deemed fair and reasonable in light of all of the circumstances of such Proceeding in order to reflect (i) the relative benefits received by the Company and Indemnitee as a
result of the event(s) and/or transaction(s) giving cause to such Proceeding; and/or (ii) the relative fault of the Company (and its directors, officers, employees and agents) and Indemnitee in connection with such event(s) and/or
transaction(s). 
 18.    Specific Performance, Etc. The parties recognize that if any provision of this
Agreement is violated by the Company, Indemnitee may be without an adequate remedy at law. Accordingly, in the event of any such violation, Indemnitee shall be entitled, if Indemnitee so elects, to institute Proceedings, either in law or at equity,
to obtain damages, to enforce specific performance, to enjoin such violation, or to obtain any relief or any combination of the foregoing as Indemnitee may elect to pursue. 

19.    Counterparts. This Agreement may be executed in counterparts, each of which shall for all purposes be
deemed to be an original but all of which together shall constitute one and the same agreement. Only one such counterpart signed by the party against whom enforceability is sought needs to be produced to evidence the existence of this Agreement.

 20.    Headings. The headings of the sections and paragraphs of this Agreement are inserted for
convenience only and shall not be deemed to constitute part of this Agreement or to affect the construction or interpretation thereof. 

21.    Governing Law. This Agreement shall be governed exclusively by and construed according to the laws of
the State of Delaware, as applied to contracts between Delaware residents entered into and to be performed entirely with Delaware without giving effect to its principles of conflicts of laws. 

22.    Consent to Jurisdiction. The Company and Indemnitee each hereby irrevocably and unconditionally:
(a) agree that any legal action or Proceeding with respect to this Agreement and the rights and obligations arising hereunder, or for recognition and enforcement of any judgment in respect of this Agreement and the rights and obligations
arising hereunder, brought by the parties hereto shall be brought and determined exclusively in the Court of Chancery of the State of Delaware (or, solely if the Court of Chancery of the State of Delaware declines to accept jurisdiction over a
particular matter, any other state or federal court within the State of Delaware), (b) consent to the jurisdiction of the Court of Chancery of the State of Delaware (or, 

  
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solely if the Court of Chancery of the State of Delaware declines to accept jurisdiction over a particular matter, any other state or federal court within the State of Delaware) for all purposes
in connection with any Proceeding which arises out of or relates to this Agreement and not in any other state or federal court in the United States, and (c) waive, and agree not to plead or make, any claim that the Court of Chancery of the
State of Delaware lacks venue or that any such action or Proceeding brought in the Court of Chancery of the State of Delaware has been brought in an improper or inconvenient forum. 

[Signature Page Follows] 

  
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 Final Version 

The parties hereto have entered into this Indemnity Agreement effective as of the date first above written. 

 

					
		 	ACCEL ENTERTAINMENT, INC.:


 
					
			
	        	 	By:	 	  



 
					
			
		 	Its:	 	  



 
					
		
		 	INDEMNITEE:
		
		 	  

		
	 Address:
	 	  

		
		 	  



 SIGNATURE PAGE TO INDEMNIFICATION AGREEMENT