Document:

EX-10.19

 Exhibit 10.19 
 In re Novatel Wireless Secs. Litig.,
 Civil Action
No. 08-CV-01689-AJB(RBB)
 United States District Court for the Southern District of California 

MEMORANDUM OF UNDERSTANDING 
 Lead Plaintiffs Western Pennsylvania Electrical Employees Pension Fund and Plumbers & Pipefitters Local #562 Pension Fund (“Lead Plaintiffs”) and defendants Novatel Wireless,
Inc. (“NWI”), Peter V. Leparulo, George B. Weinert, Robert M. Hadley, Slim S. Souissi and Catherine F. Ratcliffe (“Defendants”) have agreed in principle to settle all claims asserted or that could have
been asserted in or consolidated in the litigation entitled In re Novatel Wireless Securities Litigation, Case No. 08-CV-1689-AJB(RBB) (the “Action”), pending in the United States District Court for the Southern District of
California (the “Court”), on the following terms and conditions (the “Settlement”): 
 1.
Settlement Fund: $16 million (the “Settlement Fund”) to be paid by or on behalf of Defendants. The $16 million shall be comprised of $6 million in cash, $5 million in NWI stock (the “Settlement Stock”) calculated
as set forth in paragraph 2(b), and a $5 million Note with a 5% interest rate and a 30-month maturity (the “Settlement Note”). Alternatively, Defendants shall have the right, at any point, prior to the entry of the order of Final Approval,
to substitute cash as a full replacement for the Settlement Note. 
 2. Deposit of Settlement
Fund: Defendants shall pay or cause to be paid to the Class, in settlement of the claims against them, the principal amount of the Settlement Fund, as follows: 

(a) Defendants shall cause the cash component of the Settlement Fund represented by the remaining proceeds from the applicable insurance
policies related to this Action to be deposited into an interest-bearing Escrow Account controlled by Lead Counsel (the 

  

 
“Escrow Agent”) within ten (10) business days of the execution of this Memorandum of Understanding. NWI also agrees to fund additional sums of the cash component on a schedule not
to exceed $250,000 per month prior to the entry of the Final Order should such additional payments be required to effectuate the administration of the Stipulation of Settlement (to be negotiated and executed by the parties by December 23, 2013
(the “Stipulation”)), with all remaining amounts of the cash portion of the Settlement Fund to be due within ten (10) business days of the entry of the Final Order approving this Settlement. In the event that Defendants fail to timely
make or cause to be made this payment, this Stipulation shall terminate. 
 (b) The Settlement Stock shall consist of $5 million
of NWI common stock calculated as follows – $5 million divided by the average closing price of NWI common stock for the 15 trading days prior to the date on which this Memorandum of Understanding is executed. The Settlement Stock shall be
unrestricted, freely tradable, and either registered or exempt from registration under the Securities Act of 1933 (the “Securities Act”) pursuant to §3(a)(10) of the Securities Act, 15 U.S.C. §77c(a)(10), in that the Settlement
Stock will be issued to or for the benefit of Class Members in exchange for their release of claims against the Defendants under the terms of the Stipulation. Pursuant to §3(a)(10), the Court’s judgment of the fairness of the Settlement
shall serve as a substitute for the registration requirements of the Securities Act with regard to any Settlement Stock. At the Settlement Hearing, the Court will be asked to find with regard to the Settlement Stock being issued as part of the
Settlement Fund that: (i) the terms and conditions of the proposed issuance are fair to all those who will receive securities in the proposed exchange; and (ii) the terms and conditions of, and the procedures for, the proposed issuance are
fair. In the alternative, NWI, in its sole discretion, shall have the right 

  
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to file a registration statement with the Securities and Exchange Commission covering the issuance of the Settlement Stock. 

(c) The Settlement Stock may be sold or transferred by recipients thereof who are not affiliates of NWI (as that term is defined in Rule
144 of the Securities Act) or recipients deemed to be underwriters under the Securities Act without registration under §5 of the Securities Act or compliance with Rule 144. The number of shares constituting the Settlement Stock will be adjusted
to account for stock splits, reverse stock splits, and other similar actions taken by NWI. If NWI is sold, acquired or merges prior to distribution of the Settlement Stock to the Class, the shares will be treated for purposes of any corporate
transaction as if they had been issued, distributed and outstanding, and will receive the same proportionate treatment as other shares of NWI. In addition, the stock price protections set forth below shall be adjusted in a manner consistent with
such treatment. 
 (d) NWI shall agree that with respect to the Settlement Stock, if the price of the common stock of NWI is
trading below the average closing price of NWI stock for the 15 trading days prior to the date of the execution of this Memorandum of Understanding on the date the Court enters the Order and Final Judgment, NWI shall, within thirty (30) days
thereof, contribute to the Settlement Fund the cash amount representing the difference between the average closing price of NWI stock for the 15 trading days prior to the date of the execution of this Memorandum of Understanding and the average
closing price of NWI stock for the 15 trading days prior to the date the Court enters the Order and Final Judgment multiplied by the number of shares provided for in paragraph 2(b) above. 

  
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 (e) NWI will issue and distribute the Settlement Stock to Lead Counsel pursuant to
instructions provided by Lead Plaintiff within ten (10) business days after the Court enters the Order and Final Judgment. 

(f) The Settlement Note shall be a $5 million note, with a 5% interest rate (compounded monthly), and will be secured by NWI’s
accounts receivables (the “Collateral”), maintained in a ratio of at least five (5) times the outstanding amount of the Note (including all outstanding principal and accrued interest) (the “Required Ratio”). The interest
earned on the Note shall be payable in cash quarterly. The outstanding principal will be due and payable in cash on the Maturity Date, which will be defined as the earlier of (i) the expiration of 30 months from the entry of the Order of Final
Approval, when all amounts under the terms of a Settlement Note (the “Settlement Note”) and Security Agreement (the “Security Agreement”) (to be negotiated by the parties in good faith and executed by the parties on the same date
as the Stipulation) become automatically due and payable; or (ii) the occurrence of an event of default (as defined generally below and more specifically in the Settlement Note). As of the date of the Settlement Note and Security Agreement, the
Company will pledge to and grant to the Class a security interest in all right, title and interests of NWI in and to the property described as its accounts receivable, which shall be set forth and defined in the Security Agreement as the
“Collateral” for the Settlement Note and as consistent with the Required Ratio. The Settlement Note may be prepaid without penalty at any time at the option of NWI. 
 (g) The Settlement Note’s “owner” will be the Escrow Agent identified in the Stipulation, with the Class identified as the beneficiary. The Settlement Note will be fully transferable and
will accelerate in the event that NWI is acquired or defaults on the Note. An “Event of Default” will be identified to include (i) NWI’s accounts receivable falling below the

  
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Required Ratio; (ii) a failure to pay interest on the Settlement Note when due (the terms will provide for a 15-day cure period); (iii) NWI’s filing of bankruptcy or insolvency
proceedings; (iv) involuntary bankruptcy or insolvency proceedings on NWI’s behalf; (v) NWI’s breach, in any material respect, of any warranty, covenant, or other agreement made by the Company in this Memorandum of Understanding,
the Settlement Note, or the Security Agreement; (vi) the granting of a security interest or lien on any of the Collateral for benefit of other creditors which would adversely affect the Required Ratio; or (vii) any other event or act which
causes the Class not to have a valid and perfected security interest in such Collateral. In the event of NWI’s default, interest on the Settlement Note will increase to 10% (the “default rate”) until such time as the Escrow Agent
takes possession of and liquidates the Collateral in an amount that satisfies the entire obligation, including principal, accrued interest, and any expenses to enforce the terms of the Settlement Note. 

(h) The Settlement Note will be governed by and construed in accordance with the laws of the State of California (without regard to the
conflicts of law provisions of the State of California) and shall contain the following representations and warranties by NWI: (i) that it is solvent on the date that the Note issues; (ii) that its internal cash flow projections for the
term of the Settlement Note support its ability to pay the Settlement Note when due; (iii) that no creditors with a senior interest in the Collateral superior to the Class exist; (iv) that NWI is an organization in good standing and is up
to date on all actions necessary to remain an organization in good standing; (v) that all Collateral within the Required Ratio are genuine and enforceable against the party obligated to pay the same; (vi) that the originals of all
documents evidencing all accounts receivable of the Company and the only original books of account and records of the 

  
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Company relating thereto are, and will continue to be, kept at the address of NWI that will be set forth on the signature page of the Security Agreement. 

(i) NWI will issue and distribute the Settlement Note to Lead Counsel pursuant to instructions provided by Lead Plaintiffs within ten
(10) business days after the Court enters the Order and Final Judgment. 
 3. Motion for Preliminary
Approval: The parties intend to file a Stipulation of Settlement and joint motion for preliminary approval by December 23, 2013. 
 4. Settling Parties: The Settling Parties include Defendants and the Class as defined in that order by the Court dated May 12, 2010, and entitled, in part, “Order Granting
Motion to Certify Class.” Dkt. No. 180. 
 5. The Class’s Release: Upon final approval of
the Settlement by the Court, Lead Plaintiffs and the Class shall release and discharge (i) NWI and any and all of its current and former parents, affiliates, subsidiaries, predecessors, officers, agents, employees, insurers, reinsurers,
attorneys, auditors, accountants, successors, assigns, creditors, administrators, heirs, and legal representatives, and (ii) any and all of defendants Peter V. Leparulo, George B. Weinert, Robert M. Hadley, Slim S. Souissi
and Catherine F. Ratcliffe (the “Individual Defendants”) and any and all of their respective current or former agents, insurers, attorneys, successors, assigns, creditors, administrators, heirs, and legal representatives
(5(i) and 5(ii), collectively, the “Released Parties”) from any and all claims arising from the purchase of NWI common stock during the Class Period and the acts, facts, statements, or omissions that were or could have been alleged by
the plaintiff(s) in the action (the “Settled Claims”). 
 6. Defendants’ Release: Upon
final approval of the Settlement by the Court, Defendants and their related parties shall release and discharge Lead Plaintiffs in the action, and  

  
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their respective attorneys, and any other Class member, from any and all claims that arise out of or relate in any way to the institution, prosecution, or settlement of the Settled Claims or the
Action. 
 7. Conditions: The Settlement is subject to the following conditions: 

(a) NWI funding the Settlement in accordance with paragraph two of this Memorandum of Understanding; 

(b) NWI’s right to terminate the Settlement if a portion of the Class, to be agreed upon by the Settling Parties, delivers timely
and valid requests for exclusion from the Class. The Settling Parties shall memorialize such agreement in a side letter, which may be shared only with the Court, upon the Court’s request and in camera. Such side letter shall remain confidential
until after the deadline for requesting exclusion from the Class; 
 (c) Approval of the Settlement by the Court and entry of,
and expiration of time for appeal from, or resolution of any appeal from, a final judgment approving the Settlement (provided, however, that the resolution of any appeal from any Fee and Expense Order (as defined in paragraph 11) shall not be a
condition for the effectiveness of the Settlement); and 
 (d) Satisfaction or waiver of all covenants set forth herein.

 8. Not a Claims-Made Settlement: The Settlement is not a claims-made settlement; there will be no
reversion. 
 9. Claims Administration and Plan of Allocation: Defendants will not have any
involvement in the selection of the claims administrator, the claims administration process, or the plan of allocation of the Settlement proceeds. The claims administrator shall be selected solely by Lead Plaintiffs’ counsel, and the notice and
plan of allocation will be proposed solely by Lead  

  
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Plaintiffs’ counsel, subject to Court approval. Defendants shall not object to such proposed notice or plan of allocation, but shall have the right to comment on the notice prior to
issuance. 
 10. Costs of Notice and Settlement Administration: Prior to final approval of the Settlement by
the Court, Lead Plaintiffs’ counsel may pay from the Settlement Fund the actual costs of notice and settlement administration without further order of the Court subject to a maximum amount of $200,000 (two hundred thousand dollars). Also prior
to final approval of the Settlement by the Court, additional sums for this purpose may be paid from the Settlement Fund upon agreement of the parties or order of the Court. In the event that the Settlement is not consummated, money actually paid or
sums incurred for this purpose shall not be returned or repaid to Defendants or their insurance carriers, but any remainder in the Settlement Fund shall be so returned. All costs and fees, including expenses of notice, escrow fees, other settlement
administration expenses, shall be paid solely out of the Settlement Fund, and none of the Released Parties, individually or collectively, shall have any liability therefor. 

11. Lead Plaintiffs’ Counsel’s Attorneys’ Fees and Expenses: Lead Plaintiffs’ counsel’s
attorneys’ fees and expenses, as awarded by the Court (“Fee and Expense Order”), shall be paid from the Escrow Account immediately upon award by the District Court, notwithstanding any appeals that may be taken, subject to Lead
Plaintiffs’ counsel’s, or any successor firm, obligations to make appropriate refunds or repayments to the Settlement Fund plus interest earned thereon if, and when, as a result of any appeal and/or further proceedings on remand, or
successful collateral attack, the fee or expense award is lowered or reversed. Defendants shall take no position with respect to Lead Plaintiffs’ counsel’s requested attorneys’ fees and expenses. 

  
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 12. Defendants’ Solvency: Each defendant warrants and represents as
to himself or itself only, that he or it is not “insolvent” within the meaning of 11 U.S.C. §101(32) as of the time the Stipulation is executed and as of the time the payments are actually transferred or made as reflected in the
Stipulation. 
 13. Stay of Proceedings: Upon the execution of this Agreement, the parties shall
promptly request that the current proceedings before the Court be suspended. 
 14. Rule 11
Compliance: Defendants and Lead Plaintiffs agree that each of them and their counsel have complied fully with the strictures of Rule 11 of the Federal Rules of Civil Procedure, and that the proposed final judgment will contain a
statement to reflect this compliance. 
 15. Best Efforts: The Settling Parties shall use their best
efforts to consummate the Settlement. 
 16. No Admission of Liability: NWI and each of the Individual
Defendants are entering into the Settlement without any admission of liability, and continue to deny any and all liability in the Action. 

  
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 17. Counsel Authorization: The undersigned counsel represent that they
are fully authorized by their respective clients to enter into this Memorandum of Understanding. 
 IT IS HEREBY AGREED
by the undersigned as of December 6, 2013. 
  

			
	ROBBINS GELLER RUDMAN & DOWD LLP
		
	By:	 	/S/
		 	Lead Counsel for the Lead Plaintiffs and the Class

  

			
	JONES DAY
		
	By:	 	/S/
		 	Counsel for Defendants

  
 10Form of Indemnity Agreement

 Exhibit 10.04 

INDEMNITY AGREEMENT 
 This
Indemnity Agreement (this “Agreement”), dated as of             , 2014 is made by and between King.com Inc., a Delaware corporation
(“Company”), and                     , a director or officer of the Company, Parent (as defined below), one of the
Company’s subsidiaries or other service provider who satisfies the definition of Indemnifiable Person set forth below (“Indemnitee”). 

RECITALS 
 A. 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; 

B. The members of the Board of Directors of the Company (“Board”) have concluded that to retain and attract talented
and experienced individuals to serve as representatives of the Company and its Subsidiaries, its Parent and Affiliates and to encourage such individuals to take the business risks necessary for the success of the Company and its Subsidiaries, its
Parent and Affiliates, it is necessary for the Company to contractually indemnify certain of its representatives and the representatives of its Subsidiaries, its Parent and Affiliates, and to assume for itself maximum liability for Expenses and
Other Liabilities in connection with claims against such representatives in connection with their service to the Company, its Parent and its Subsidiaries and Affiliates; 

C. 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 
 D. The Company desires and has requested Indemnitee to
serve or continue to serve as a representative of the Company and/or its Parent and/or the Subsidiaries or Affiliates of the Company free from undue concern about inappropriate claims for damages arising out of or related to such services to the
Company and/or its Parent and/or the Subsidiaries or Affiliates of the Company. 
 E. This Agreement is a supplement to and in furtherance
of the indemnification provided in the Company’s Certificate of Incorporation and Bylaws (as well as the Memorandum and Articles of Association of King Digital (“Memorandum and Articles of Association”)) and any
resolutions adopted pursuant thereto, and shall not be deemed a substitute therefor, nor to diminish or abrogate any rights of Indemnitee thereunder. 

 AGREEMENT 

NOW, THEREFORE, 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 Group. 

(b) Change in Control. For purposes of this Agreement, “Change in Control” means (i) any
“person” (as such term is used in Sections 13(d) and 14(d) of the Exchange Act), 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 defined in Rule 13d-3 under said Act), directly or indirectly, of securities of the Company representing 20% or more of the total voting power represented by the Company’s then outstanding capital
stock, or (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, or (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 80% of the total voting power represented by the capital stock of the
Company or such surviving entity outstanding immediately after such merger or consolidation, 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. For purposes of this definition, “Company” shall mean either the Company or its Parent. 

(c) DGCL. For purposes of this Agreement, “DGCL” means the Delaware General Corporation Law. 

(d) ERISA. For purposes of this Agreement, “ERISA” means the United States Employee Retirement Income Security
Act of 1974. 
 (e) Exchange Act. For purposes of this Agreement, “Exchange Act” means the United States
Securities Exchange Act of 1934, as amended 
 (f) Expenses. For purposes of this Agreement, “Expenses” means
all direct and indirect costs of any type or nature whatsoever (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 in, a Proceeding (as defined below), or establishing or enforcing a right to indemnification under this Agreement, Section 145 or otherwise; provided, however, that Expenses shall not
include any judgments, fines, ERISA excise taxes or penalties or amounts paid in settlement of a Proceeding. 
 (g) Group. For
purposes of this Agreement, “Group” shall mean the Company and any Parent, Subsidiary or Affiliate of the Company. 

(h) Indemnifiable Event. For purposes of this Agreement, “Indemnifiable Event” means any event or occurrence
related to Indemnitee’s service for the member of the Group 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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 (i) 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 the Group. 
 (j) Independent Counsel. For purposes of
this Agreement, “Independent Counsel” means legal counsel 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, any member of the Group or Indemnitee. 
 (k)
Independent Directors. For purposes of this Agreement, “Independent Directors” means those members of the Board consisting of directors who were not parties to the Proceeding for which a claim is made under this
Agreement 
 (l) Other Liabilities. For purposes of this Agreement, “Other Liabilities” means any and all
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 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). 

(m) Parent. For the purposes of this Agreement, “Parent” means any entity which owns directly or indirectly
more than 50% of the outstanding voting securities of the Company. 
 (n) 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 any other type whatsoever, preliminary, informal or formal,
including any arbitration or other alternative dispute resolution and including any appeal of any of the foregoing. 
 (o)
Subsidiary. For purposes of this Agreement, “Subsidiary” means any entity of which more than 50% of the outstanding voting securities are owned directly or indirectly by the Company. 

2. Agreement to Serve. The Indemnitee agrees to serve and/or continue to serve as an Indemnifiable Person in the capacity or capacities
in which Indemnitee currently serves the Company or a member of the Group as an Indemnifiable Person, and 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 any other member of the Group by Indemnitee. 
 3. Mandatory Indemnification. 

(a) Agreement to Indemnify. 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 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 

  
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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). 

(b) Exception for Amounts Covered by Insurance and Other Sources. Notwithstanding the foregoing and except as provided in
Section 3(c) below, 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 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. 
 (c) Company Obligations Primary. The Company hereby acknowledges that Indemnitee may
have rights to indemnification for Expenses and Other Liabilities provided by another sponsoring organization (“Other Indemnitor”). The Company agrees with Indemnitee that the Company is the indemnitor of first resort of
Indemnitee with respect to matters for which indemnification is provided under this Agreement and that the Company will be obligated to make all payments due to or for the benefit of Indemnitee under this Agreement without regard to any rights that
Indemnitee may have against the Other Indemnitor. The Company hereby waives any equitable rights to contribution or indemnification from the Other Indemnitor in respect of any amounts paid to Indemnitee hereunder. The Company further agrees that no
reimbursement of Other Liabilities or payment of Expenses by the Other Indemnitor to or for the benefit of Indemnitee shall affect the obligations of the Company hereunder, and that the Company shall be obligated to repay the Other Indemnitor for
all amounts so paid or reimbursed to the extent that the Company has an obligation to indemnify Indemnitee for such Expenses or Other Liabilities hereunder. 

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. In any review or Proceeding to determine the extent of indemnification, the Company shall bear the burden to establish, by clear and
convincing evidence, the lack of a successful resolution of a particular claim, issue or matter and which amounts sought in indemnity are allocable to claims, issues or matters which were not successfully resolved. 

5. Liability Insurance. So long as Indemnitee shall continue to serve the Company or a member of the Group as an Indemnifiable Person
and thereafter so long as Indemnitee shall be subject to any possible claim or threatened, pending or completed Proceeding as a result of an Indemnifiable Event, the Company shall use reasonable efforts to maintain in full force and effect for the
benefit of Indemnitee as an insured (i) 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 (ii) 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 the other party or parties thereto under any such insurance or other arrangement. 

  
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 6. Mandatory Advancement of Expenses. 

(a) Advancement. If requested by Indemnitee, the Company shall advance prior to the final disposition of the Proceeding all Expenses
reasonably incurred by Indemnitee in connection with (including in preparation for) a Proceeding related to an Indemnifiable Event. Indemnitee 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. 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. 
 (b) Exception. Notwithstanding the
provisions of Section 6(a), the Company shall not be obligated to make any further advance of Expenses to Indemnitee if any one of the following determines in good faith that the facts known to them at the time such determination is made
demonstrate clearly and convincingly that Indemnitee acted in bad faith: (i) the Independent Directors, even though less than a quorum, (ii) by a committee of Independent Directors designated by a majority vote of Independent Directors,
even though less than a quorum, (iii) Independent Counsel, by written legal opinion, or (iv) a panel of arbitrators (one of whom is selected by the Company, another of whom is selected by Indemnitee and the last of whom is selected by the
first two arbitrators so selected). The Company shall have the option to submit the question of whether Indemnitee has acted in bad faith to one of the four alternative decision makers set forth in the preceding sentence and to select the decision
maker, but following a favorable determination to Indemnitee rendered by the first decision maker selected, the Company may not submit the matter to another of the named decision makers. If the Company elects to submit the matter to Independent
Counsel, such counsel shall be selected by Indemnitee and approved by the Independent Directors or a committee of Independent Directors (which approval may not be unreasonably withheld). Any decision maker so selected shall render a decision within
thirty (30) days of such decision maker’s selection (which shall include in the case of Independent Counsel or a panel of arbitrators, when the person or persons acting as such counsel or such panel has or have been selected as provided
above). If a decision is made by the decision maker that Indemnitee acted in bad faith, Indemnitee shall have the right to apply to the Delaware Court of Chancery for the purpose of determining whether Indemnitee has acted in bad faith. 

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,
Indemnitee shall, if Indemnitee believes that indemnification or advancement of Expenses with respect thereto may be sought from the Company under this Agreement, notify the Company of the commencement or threat of commencement thereof. 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. 
 (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 and officer liability insurance in effect, 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. 

  
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 (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) 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 (A) the employment of counsel by Indemnitee has been previously authorized by the Company, (B) Indemnitee shall have notified the
Board in writing that Indemnitee has reasonably concluded that there is likely to be a conflict of interest between the Company and Indemnitee in the conduct of any such defense, or (C) the Company fails to employ counsel to assume the defense
of such Proceeding, the fees and expenses of 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. 
 (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 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 (selected in accordance with Section 8(c) below) has approved the settlement. Neither the Company nor any member of the Group shall enter into a settlement of any Proceeding
that might result in the imposition of any Expense, Other Liability, penalty, limitation or detriment on Indemnitee, whether indemnifiable under this Agreement or otherwise, without Indemnitee’s written consent, unless such settlement is purely
monetary, fully releases Indemnitee of all liability associated with such Proceeding and has been consented to by the Independent Directors. Neither the Company nor Indemnitee shall unreasonably withhold consent from any settlement of any
Proceeding. The Company shall not, on its own behalf, settle any part of any Proceeding to which Indemnitee is party with respect to other parties (including the Company) without the written consent of Indemnitee if any portion of such settlement is
to be funded from insurance proceeds from insurance policies as to which Indemnitee is an insured party unless approved by either (i) the written consent of Indemnitee or (ii) a majority of the Independent Directors; provided, however,
that the right to constrain the Company’s use of corporate insurance as described in this section shall terminate at the time the Company concludes (per the terms of this Agreement) that (x) Indemnitee is not entitled to indemnification
pursuant to this Agreement, or (y) such indemnification obligation to Indemnitee has been fully discharged by the Company. 
 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. 
 (b) Indemnification in Other Situations. In the event that Section 8(a) is
inapplicable, the Company shall also indemnify Indemnitee if Indemnitee has not failed to meet the applicable standard of conduct for indemnification. 

  
 6 

 (c) Forum. Indemnitee shall be entitled to select the forum in which determination of
whether or not Indemnitee has met the applicable standard of conduct shall be decided, and such election will be made from among the following: 

(1) The Independent Directors, even though less than a quorum; 

(2) A committee of Independent Directors designated by a majority vote of Independent Directors, even though less than a quorum; 

(3) 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. 
 If Indemnitee is an officer or a director of the Company at the time that Indemnitee
is selecting the forum, then Indemnitee shall not select Independent Counsel as such forum unless there are no Independent Directors or unless the Independent Directors agree to the selection of independent counsel as the forum. Notwithstanding the
foregoing, following any Change in Control, the Reviewing Party shall be Independent Counsel selected in the manner provided in (3) above. 
 The
selected forum shall be referred to herein as the “Reviewing Party”. As soon as practicable, and in no event later than thirty (30) days after receipt by the Company of written notice of Indemnitee’s choice of forum
pursuant to Section 8(c) above, 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 mutual agreement of the Company and Indemnitee. All Expenses associated with the process set forth in this Section 8(d), including but not limited to the Expenses of the Reviewing Party, shall be
paid by the Company. 
 (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, for the purpose of enforcing Indemnitee’s right to indemnification pursuant to this Agreement. 

(e) Expenses. The Company shall indemnify Indemnitee against all Expenses incurred by Indemnitee in connection with any hearing or
Proceeding under this Section 8 or under Section 6(b) 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. 

(f) Determination of “Good Faith” and “Bad Faith”. For purposes of any determination of whether Indemnitee acted in
“good faith” or acted in “bad faith,” Indemnitee shall be deemed to have acted in good faith or not acted in bad faith if in taking or failing to take the action in question Indemnitee relied on the records or books of account of
the member of the Group, including financial statements, or on information, opinions, reports or statements provided to Indemnitee by the officers or other employees of the member of the Group in the course of their duties, or on the advice of legal
counsel for the member of the Group, or on information or records given or reports made to the member of the Group by an independent certified public accountant or by an appraiser or other expert selected by the member of the Group, or by any other
person (including legal counsel, accountants and 

  
 7 

 
financial advisors) as to matters Indemnitee reasonably believes are within such other person’s professional or expert competence and who has been selected with reasonable care by or on
behalf of the member of the Group. In connection with any determination as to whether Indemnitee is entitled to be indemnified hereunder, or to advancement of expenses, the Reviewing Party or court shall presume that Indemnitee has satisfied the
applicable standard of conduct and is entitled to indemnification or advancement of Expenses, as the case may be, and the burden of proof shall be on the Company to establish, by clear and convincing evidence, that Indemnitee is not so entitled. The
provisions of this Section 8(g) shall not be deemed to be exclusive or to limit in any way the other circumstances in which Indemnitee may be deemed to have met the applicable standard of conduct set forth in this Agreement. In addition, the
knowledge and/or actions, or failures to act, of any other person serving the member of the Group as an Indemnifiable Person shall not be imputed to Indemnitee for purposes of determining the right to indemnification hereunder. 

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, (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 for an accounting of profits made from the purchase or sale by Indemnitee of securities of any member of
the Group pursuant to the provisions of Section 16(b) of the Exchange Act, if applicable, 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 any member of the Group, 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 (“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. 

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, Bylaws, or Memorandum and Articles of Association, 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 any member of the Group as an Indemnifiable Person and Indemnitee’s rights
hereunder shall continue after Indemnitee has ceased serving the member of the Group as an Indemnifiable Person and shall inure to the benefit of the heirs, executors and administrators of Indemnitee. 

  
 8 

 11. Severability. If any provision or provisions of this Agreement shall be held to be
invalid, illegal or unenforceable for any reason whatsoever, (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. Modification and Waiver.
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. 

13. Successors and Assigns. The terms of this Agreement shall bind, and shall inure to the benefit of, the successors and assigns of
the parties hereto. 
 14. Notice. All notices, requests, demands and other communications under this Agreement shall be in writing
and shall be deemed duly given (i) if delivered by hand and a receipt is provided by the party to whom such communication is delivered, (ii) 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, (iii) personal service by a process server, or (iv) 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 Chief Executive Officer. 

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 or one of the decision makers described in Section 6(b)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 including a determination pursuant to Section 6(b), 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 6(b) or 8(e) 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. 

16. Survival of Rights. The rights conferred on Indemnitee by this Agreement shall continue after Indemnitee has ceased to serve the
member of the Group as an Indemnifiable Person and shall inure to the benefit of Indemnitee’s heirs, executors and administrators. 

  
 9 

 17. Subrogation and Contribution. 

(a) Except as otherwise expressly provided in this Agreement, in the event of payment 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 judgments, fines, penalties, excise taxes, amounts paid or to be paid in
settlement and/or for Expenses, in connection with any claim 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. 

22. Consent to Jurisdiction. The Company and Indemnitee each hereby irrevocably consent to the jurisdiction of the courts of the State
of Delaware for all purposes in connection with any Proceeding which arises out of or relates to this Agreement. 
 [Remainder of this
page left intentionally blank – Signature page follows] 

  
 10 

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

					
		 	COMPANY:
		
		 	KING.COM INC.
			
		 	By:	 	  

		 	Its:	 	  

		
		 	INDEMNITEE:
		
		 	  

		
	Address:	 	  

		
		 	  

  
 11

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