Document:

Noncompetition Agreement

 Exhibit 10.2 
  
 NONCOMPETITION AGREEMENT 
  
 THIS NONCOMPETITION AGREEMENT (this “Agreement”), is made and entered into this
             day of                 , 2003, by and between EREZ GOREN, an individual
resident of the State of Georgia (“Shareholder”) and RADIANT SYSTEMS, INC., a Georgia corporation (“Radiant”). 
  
 W I T N E S S E T H: 
  
 WHEREAS, Radiant and Wave Enterprise Systems Inc., a Georgia corporation and a wholly owned subsidiary of Radiant
(“Enterprise”) have entered into a Separation Agreement (the “Separation Agreement”), dated as of the date hereof, pursuant to which Radiant shall contribute the Enterprise Business (as defined
therein) to Enterprise as part of the separation (“Separation”) of the Enterprise Business from Radiant; 
  
 WHEREAS, Shareholder is a current shareholder of Radiant and, pursuant to the terms and subject to the conditions of the Share Exchange Agreement
(the “Exchange Agreement”) dated as of October 10, 2003, will be the sole shareholder of Enterprise after the Closing Date (as defined therein); 
  
 WHEREAS, as a result of the Separation, Radiant will retain the Radiant Business (as defined in the Separation
Agreement); and 
  
 WHEREAS, the execution and delivery of
this Agreement is a condition precedent to Radiant’s obligation to consummate the transactions contemplated by the Exchange Agreement. 
  
 NOW, THEREFORE, in consideration of the premises and mutual promises contained herein, the parties hereto, intending to be legally bound, hereby
agree as follows: 
  
 Section 1. Noncompetition.

  
 1.1 Definitions. Capitalized terms used and
not otherwise defined herein shall have the respective meanings as set forth in the Separation Agreement. For the purposes of this Section 1, the following definitions shall apply: 
  
 (a) “Competitive Offerings” means any software product with the primary purpose of managing retail
customer sales transactions at the point of sale in petroleum and convenience stores, retail food service outlets or domestic cinemas, and that automates and tracks the placement and fulfillment of customer orders at the point of sale, integrates
with credit and debit card payment processing systems, interfaces with other management information systems associated with the order fulfillment process, and is offered in the Restricted Territory; provided, however, that such term
does not include any point-of-sale systems that are web hosted with the software and associated data residing centrally, outside the retail site; 

 (b) “Confidential Information” means any data or information of Radiant, other
than Trade Secrets, which is valuable to Radiant and not generally known to competitors, including, without limitation, general business information, industry information, analyses, and other information of a proprietary nature that relates to
Radiant or was developed or compiled by Radiant. Notwithstanding anything to the contrary herein “Confidential Information” shall not include any information that (1) has become generally known to the public through no wrongful act of
Shareholder; (2) has been rightfully received by Shareholder from a third party without restriction on disclosure and without breach of an obligation of confidentiality running directly or indirectly to Radiant; (3) has been approved for release to
the general public by a written authorization of Radiant; (4) has been independently developed by Shareholder without use, directly or indirectly, of the Confidential Information; or (5) has been furnished to a third party by Radiant (after the date
hereof) without restrictions on the third party’s right to disclose the information; 
  
 (c) “Nonsolicitation Period” means the period beginning the date hereof and ending on the second anniversary of the Closing Date; 
  
 (d) “Restricted Competition Period” means the period beginning the date hereof and ending on the
fifth anniversary of the Closing Date; 
  
 (e)
“Restricted Territory” means any state of the United States or any country in which Radiant conducts the Radiant Business as of the Closing Date; and 
  
 (f) “Trade Secrets” means information of Radiant, without regard to form, including, but not limited
to, technical or nontechnical data, a formula, a pattern, a compilation, a program, a device, a method, a technique, a drawing, a process, financial data, financial plans, product plans, or a list of actual or potential customers or suppliers which
is not commonly known by or available to the public and which information: (i) derives economic value, actual or potential, from not being generally known to, and not being readily ascertainable by proper means by, other persons who can obtain
economic value from its disclosure or use; and (ii) is the subject of efforts that are reasonable under the circumstances to maintain its secrecy. 
  
 1.2 Trade Secrets and Confidential Information. 
  
 (a) Trade Secrets. Shareholder hereby agrees that Shareholder will not disclose to any third party, or make use of in breach of Section
1.3(c), any Trade Secrets for so long as the pertinent information remains Trade Secret information under Georgia law (and, in any event, throughout the Nonsolicitation Period), regardless of whether the Trade Secrets are in written or tangible
form, without the prior written consent of Radiant. Nothing in this Agreement shall diminish the rights of Radiant regarding the protection of Trade Secrets and other intellectual property pursuant to applicable law. 
  
 (b) Confidential Information. Shareholder hereby agrees that,
during the Nonsolicitation Period, Shareholder will hold in confidence all Confidential Information, and will not disclose or publish to any third party, or make use of in breach of Section 1.3(c), Confidential Information without the prior written
consent of Radiant. 
  

 -2- 

 1.3 Noncompetition. 
  
 (a) Acknowledgment. Shareholder acknowledges that Radiant would not consummate the transactions contemplated
by the Exchange Agreement, the Separation Agreement and the Ancillary Agreements without the assurance that Shareholder will not engage in the transactions and activities prohibited by this Section 1.3 as and for the periods set forth herein. In
order to induce Radiant to consummate the Separation, the Exchange and the other transactions contemplated by the Exchange Agreement, the Separation Agreement and the Ancillary Agreements, Shareholder agrees to the restrictions set forth in this
Section 1.3. 
  
 (b) Trade Name. Except as otherwise
specifically provided in any Ancillary Agreement, Shareholder hereby agrees that, during the Noncompetition Period, Shareholder will not, directly or by assisting others, own, manage, operate, join, control, or participate in the ownership,
management, operation, or control of any business conducted under any current corporate, product, or trade name or trademark of, Radiant, or name or mark similar thereto, other than any name or mark included in the Enterprise Assets (as defined in
the Separation Agreement), without the prior written consent of Radiant. 
  
 (c) Noncompetition Covenant. Except as otherwise specifically provided in any Ancillary Agreement, Shareholder agrees that, during the Restricted Competition Period, Shareholder shall not, in the
Restricted Territory, directly or indirectly (i) engage in the development or sale of Competitive Offerings on his own behalf or (ii) own any interest in, or engage in or perform any development of service for any Person other than Radiant that
develops or sells Competitive Offerings in the Restricted Territory, either as a partner, owner, consultant, or shareholder, if such Person either (A) derives revenues from software associated with Competitive Offerings on an annual basis in excess
of $20 million or (B) derives revenues from software and hardware (either independently from, or in addition to, software) associated with Competitive Offerings on an annual basis in excess of $50 million. Notwithstanding the foregoing, nothing
contained in this Section 1.3(c) shall prohibit Shareholder, directly or indirectly, from (x) entering strategic alliances, joint ventures or similar contractual commercial relationships with any Person (other than Radiant) for purposes of
marketing, selling and distributing any Enterprise Assets, including the Products, or (y) holding and making investments in securities of any Person (other than Radiant) whose securities are traded on a national securities exchange or are quoted on
Nasdaq or an over-the-counter market, provided that Shareholder’s equity interest in any such Person does not exceed five percent (by voting power) of the outstanding shares of capital stock of such Person. 
  
 (d) Nonsolicitation. Shareholder hereby agrees that Shareholder
will not, during the Nonsolicitation Period, directly or indirectly, solicit or recruit on behalf of Enterprise any employee of Radiant or its Subsidiaries as of the Separation without the prior written consent of Radiant; provided however, that
nothing in this Section 1.3(d) shall (i) prohibit the hiring of any natural person who applied for employment with Enterprise solely in response to any public medium advertising, or (ii) prohibit the hiring of any natural person whose employment
with Radiant or any of its Subsidiaries terminated at least three (3) months prior to the date of such solicitation or recruitment for a bona fide reason not designed or intended to circumvent the 
  

 -3- 

 provisions of this Section 1.3(d), so long as such natural person was not solicited or recruited by Shareholder prior to
the expiration of such three (3) month period. 
  
 (e)
Conduct of Enterprise. Shareholder hereby agrees that, during the relevant period, Shareholder will use his best efforts to cause Enterprise to comply with covenants of Enterprise set forth in Sections 2.9 and 2.10 of the Separation
Agreement. 
  
 1.4 Severability. If a judicial
determination is made that any of the provisions of this Agreement constitutes an unreasonable or otherwise unenforceable restriction against Shareholder, the provisions of this Agreement shall be rendered void only to the extent that such judicial
determination finds such provisions to be unreasonable or otherwise unenforceable with respect to Shareholder. In this regard, Shareholder hereby agrees that any judicial authority construing this Agreement shall be empowered to sever any portion of
the Territory, any prohibited business activity or any time period from the coverage of this Agreement, and to apply the provisions of this Agreement to the remaining portion of the Territory, the remaining business activities, and the remaining
time period not so severed by such judicial authority. Moreover, notwithstanding the fact that any provision of this Agreement is determined not to be specifically enforceable, Radiant shall nevertheless be entitled to recover monetary damages as a
result of the breach of such provision by Shareholder. 
  
 1.5
Injunctive Relief. Shareholder hereby agrees that any remedy at law for any breach of the provisions contained this Agreement shall be inadequate and that Radiant shall be entitled to seek injunctive relief in addition to any other
remedy Radiant might have under this Agreement. Shareholder agrees that if any court of competent jurisdiction should enjoin any breach of this Agreement upon the request of Radiant, Shareholder specifically releases Radiant from the requirement of
posting bond in connection with temporary or interlocutory injunctive relief, to the extent permitted by law. 
  
 1.6 Indemnification. Shareholder hereby agrees to indemnify and hold harmless, to the fullest extent permitted by law, Radiant from, against
and in respect of any and all losses, damages, deficiencies, awards, assessments, judgments, fines, penalties, costs and expenses (including, but not limited to, reasonable legal fees and expenses) actually incurred as a result of any breach or
default in performance by Shareholder of any covenant or agreement of Shareholder contained in this Agreement. 
  
 Section 2. Representations and Warranties of Shareholder. Shareholder hereby represents and warrants to Radiant that: (a) Shareholder
has the right, power and capacity to execute, deliver and perform this Agreement, (b) this Agreement has been duly executed and delivered by Shareholder and constitutes a legal, valid and binding obligation of Shareholder enforceable against
Shareholder in accordance with its terms, and (c) the execution, delivery and performance by Shareholder of Shareholder’s obligations under this Agreement will not, with or without the giving of notice or the lapse of time, or both, (i) violate
any provision of any federal, state or local or any foreign statute, law, rule, regulation, ordinance, code, order, judgment, decree or any other requirement or rule of law applicable to Shareholder, or (ii) violate, conflict with, or result in a
breach or default under, or cause the termination of, any term or condition of any court order, agreement, document or other instrument to which Shareholder is a party or by which Shareholder is bound. 
  

 -4- 

 Section 3. Miscellaneous. 
  
 3.1 Binding Effect. This Agreement shall be binding upon, and
inure to the benefit of Radiant and its successors and assigns, and Shareholder and his heirs, representatives, and assigns; provided, however, that Shareholder shall not be entitled to assign or delegate any of his rights or obligations hereunder
without the prior written consent of Radiant. 
  
 3.2
Governing Law. This Agreement and any claims related to the subject matter hereof shall be governed by and construed in accordance with the domestic substantive laws of the State of Georgia, without giving effect to any choice or
conflict of law provision or rule that would cause the application of the laws of any other jurisdiction. 
  
 3.3 Headings. The section and paragraph headings contained in this Agreement are for reference purposes only and shall not affect the
meaning or interpretation of this Agreement. 
  
 3.4
Notices. Any notice or communication required or permitted hereunder (each a “Notice”) shall be in writing, shall be effective when received and shall in any event be deemed to have been received (a) when delivered, if
delivered personally or by commercial delivery, (b) three (3) business days after deposit with U.S. Mail, if mailed by registered or certified mail (return receipt requested), (c) one (1) business day after the business day of deposit with Federal
Express, UPS or a similar overnight courier for next day delivery (or two (2) business days after such deposit if deposited for second business day delivery), if delivered by such means, or (d) one (1) business day after delivery by facsimile
transmission with copy by U.S. Mail, if sent via facsimile plus mail copy (with acknowledgement of complete transmission), to the parties at the following addresses (or at such other address for a party as shall be specified by like Notice):

  
 If to Radiant, addressed to: 
  
 Radiant Systems, Inc. 
 3925 Brookside Parkway 
 Alpharetta, Georgia 30022 
 Attention: Mark W. Haidet, Chief Executive Officer 
 Telephone: (770) 576-6404 
  
 with a copy to: 
  
 Smith, Gambrell & Russell, LLP 
 1230 Peachtree Street, Suite 3100 
 Atlanta, Georgia 30309 
 Attention: Arthur Jay Schwartz 
 Telephone: (404) 815-3500 
  
 and with a further copy to: 
  
 King & Spalding LLP 
 191 Peachtree Street 
  

 -5- 

 Atlanta, Georgia 30303 
 Attention: Russell B. Richards 
 Telephone: (404) 572-4600 
  
 If
to Shareholder, addressed to: 
  
 Erez Goren

 c/o Wave Enterprise Systems, Inc. 
 3905 Brookside Parkway 
 Alpharetta, Georgia 30022 
 Attention: David, Shulman, General Counsel 
 Telephone: (770) 576-7030 
  
 with a copy to: 
  
 Kilpatrick Stockton LLP 
 1100 Peachtree Street, Suite 2800 
 Atlanta, Georgia 30309 
 Attention: Larry D. Ledbetter 
 Bruce D. Wanamaker 
 Telephone: (404) 815-6500 
  
 Unless otherwise specified herein, such notices or other communications shall be deemed given
(a) on the date delivered, if delivered personally, (b) one business day after being sent by a nationally recognized overnight courier guaranteeing overnight delivery, and (c) five business days after being sent, if sent by registered or certified
mail. Each of the parties hereto shall be entitled to specify a different address by delivering notice as aforesaid to each of the other parties hereto. 
  
 3.5 Entire Agreement. This Agreement is intended by the parties hereto to be the final expression of their agreement with respect to the
subject matter hereof and is the complete and exclusive statement of the terms thereof, notwithstanding any representations, statements or agreements to the contrary heretofore made. This Agreement may be modified only by a written instrument signed
by each of the parties hereto. 
  
 3.6 Consent to
Jurisdiction, Etc. Each of the parties irrevocably submits to the exclusive jurisdiction of (a) the state courts of the State of Georgia, located in the City of Atlanta, and (b) the United States District Court for the Northern District of
Georgia, for the purposes of any suit, action or other proceeding arising out of this Agreement or relating to the subject matter hereof. Each of the parties agrees to commence any action, suit or proceeding relating hereto either in the United
States District Court for the Northern District of Georgia or in the state courts of the State of Georgia, located in the City of Atlanta. Each of the parties irrevocably and unconditionally waives any objection to the laying of venue of any action,
suit or proceeding arising out of this Agreement or the subject matter hereof in (i) the state courts of the State of Georgia, located in the City of Atlanta, or (ii) the United States District Court for the Northern District of Georgia, and hereby
further irrevocably and unconditionally waives and 
  

 -6- 

 agrees not to plead or claim in any such court that any such action, suit or proceeding brought in any such court has
been brought in an inconvenient forum. 
  
 3.7
Counterparts. This Agreement may be executed in any number of counterparts, each of which shall be deemed an original, but all of which together shall constitute but one and the same instrument. 
  

 -7- 

 IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date first above
written. 
  

	RADIANT SYSTEMS, INC.
		
	By:	 	 
	 	

	Name:	 	 
	Title:	 	 

  

	
	 
	

	EREZ GOREN

  

 -8-Tax Disaffiliation Agreement

 EXHIBIT 10.3 
  
 TAX DISAFFILIATION AGREEMENT 
  

TAX DISAFFILIATION AGREEMENT, dated as of             , 2003, by and between Radiant
Systems, Inc., a Georgia corporation (“Radiant”), and Wave Enterprise Systems, Inc., a Georgia corporation (“Enterprise”). 
  
 RECITALS 
  
 A. Radiant is the common parent of an “affiliated group” of corporations within the meaning of Section 1504(a) of the Internal Revenue Code of
1986, as amended (the “Code”), that has filed consolidated federal income tax returns. 
  
 B. Enterprise is a newly formed, wholly owned subsidiary of Radiant. 
  
 C. Pursuant to the Separation Agreement, dated as of
            , 2003, by and between Radiant and Enterprise (the “Separation Agreement”), Radiant will contribute (or cause its Subsidiaries to contribute) the Enterprise Business
(as defined herein), the Enterprise Assets (as defined herein) and cash to Enterprise, and Enterprise will assume the “Enterprise Liabilities” (as defined herein) (such transactions, the “Enterprise Formation Transactions”).
Immediately after the Enterprise Formation Transactions, Radiant shall own all of the issued and outstanding common stock of Enterprise (the “Enterprise Stock”), which represents the only class of stock of Enterprise outstanding.

  
 D. Pursuant to the Share Exchange Agreement, dated as of
October 10, 2003, by and between Radiant and Erez Goren, an individual and resident of the State of Georgia, (the “Share Exchange Agreement”), Radiant will distribute all of the Enterprise Stock to Erez Goren, immediately after the
Enterprise Formation Transactions, in exchange for up to 2,000,000 shares of common stock, no par value, of Radiant (the “Radiant Common Stock”) held by Erez Goren (the “Exchange” and, together with the Enterprise Formation
Transactions, the “Separation Transactions”). 
  
 E.
Radiant and Enterprise intend that the Separation Transactions will qualify as a reorganization described in Section 368(a)(1)(D) of the Internal Revenue Code of 1986, as amended (the “Code”) and that the Exchange will qualify as a
distribution described in Section 355 of the Code. 
  
 F. Radiant
and Enterprise desire to set forth their rights and obligations with respect to taxes due for periods before and after the Separation Date (as defined herein). 
  

NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows:

  

 ARTICLE I. 
  
 DEFINITIONS 
  
 1.01 “Affiliate” shall mean any Person that directly or indirectly through one or more intermediaries Controls, is Controlled by, or is
under common Control with a specified Person. 
  
 1.02
“Agreement” shall mean this Tax Disaffiliation Agreement dated             , 2003, between Radiant and Enterprise as the same may be amended from time to time. 

 
 1.03 “Applicable Federal Rate” shall have the meaning set
forth in Section 1274(d) of the Code, compounded quarterly. 
  
 1.04 “Code” shall have the meaning set forth in the Recitals. 
  
 1.05 “Control” or “Controlled” shall mean, with respect to any Person, the presence of one of the following: (i) the legal, beneficial or equitable ownership, directly or indirectly,
of more than 50% (by vote or value) of the capital or voting stock (or other ownership or voting interest, if not a corporation) of such Person or (ii) the ability, directly or indirectly, to direct the voting of a majority of the directors of such
Person’s board of directors or, if the Person does not have a board of directors, a majority of the positions on any similar body, whether through appointment, voting agreement or otherwise. 
  
 1.06 “Controlling Party” shall have the meaning set forth in
Section 5.01. 
  
 1.07 “Enterprise” shall have
the meaning set forth in the preamble to this Agreement. 
  
 1.08
“Enterprise Assets” shall have the meaning set forth in the Separation Agreement. 
  
 1.09 “Enterprise Business” shall have the meaning set forth in the Separation Agreement. 
  
 1.10 “Enterprise Formation Transactions” shall have the
meaning set forth in the Recitals. 
  
 1.11 “Enterprise
Group” shall mean Enterprise and all entities that are Subsidiaries of Enterprise at any time following the Separation. 
  
 1.12 “Enterprise Liabilities” shall have the meaning set forth in the Separation Agreement. 
  
 1.13 “Enterprise Stock” shall have the meaning set forth in
the Recitals. 
  
 1.14 “Enterprise Tainting Act”
shall mean (a) any breach of any written representation or covenant relating to the qualification of the Separation Transactions as a reorganization described in Section 368(a)(1)(D) of the Code or relating to the qualification of the Exchange as a
transaction described in Section 355 of the Code, which representation or covenant is made by Enterprise in that certain letter dated              addressed to King & Spalding LLP in

  

 -2- 

 connection with the tax opinion of King & Spalding LLP described in the Share Exchange Agreement, or (b) any action
or actions of or involving any Person (other than Radiant or any Person that is an Affiliate of Radiant immediately before or immediately after such action or actions), or any omission or omissions of any Person (other than Radiant or any Person
that is an Affiliate of Radiant immediately before or immediately after such omission or omissions), of an action or actions available to it, after the Separation Date, if such breach, action or omission described in (a) or (b) contributes to a
Final Determination that the Separation Transactions result in the recognition of income or gain to the Radiant Group by virtue of (i) the Separation Transactions failing to qualify as a reorganization under Section 368(a)(1)(D) of the Code, (ii)
the Exchange failing to qualify as a transaction described in Section 355 of the Code or (iii) any stock or securities of Enterprise failing to qualify as “qualified property” within the meaning of Sections 355(c)(2) and 361(c)(2) of the
Code, including by reason of the application of Section 355(e) of the Code. 
  
 1.15 “Exchange” shall have the meaning set forth in the Recitals. 
  
 1.16 “Final Determination” shall mean with respect to any issue (a) a decision, judgment, decree or other order by any court of competent
jurisdiction, which decision, judgment, decree or other order has become final and not subject to further appeal, (b) a closing agreement whether or not entered into under Section 7121 of the Code or any other binding settlement agreement (whether
or not with the Internal Revenue Service) entered into in connection with or in contemplation of an administrative or judicial proceeding, or (c) the completion of the highest level of administrative proceedings if a judicial contest is not or is no
longer available. 
  
 1.17 “Indemnitor” shall
have the meaning set forth in Section 5.02. 
  
 1.18
“Person” shall mean any individual, partnership, joint venture, corporation, limited liability company, trust, unincorporated organization, government or department or agency of a government. 
  
 1.19 “Post-Separation Period” shall mean any taxable year or
other taxable period beginning on or after the Separation Date and, in the case of any taxable year or other taxable period that begins before and ends after the Separation Date, that part of the taxable year or other taxable period that begins
after the close of the Separation Date. 
  
 1.20
“Pre-Separation Period” shall mean any taxable year or other taxable period that ends on or before the Separation Date and, in the case of any taxable year or other taxable period that begins before and ends after the Separation
Date, that part of the taxable year or other taxable period through the close of the Separation Date. 
  
 1.21 “Radiant” shall have the meaning set forth in the preamble to this Agreement. 
  
 1.22 “Radiant Common Stock” shall have the meaning set forth
in the Recitals. 
  
 1.23 “Radiant Group” shall
mean Radiant and all entities that are Subsidiaries of Radiant at any time following the Separation. 
  

 -3- 

 1.24 “Radiant Tainting Act” shall mean (a) any breach of any written representation or
covenant relating to the qualification of the Separation Transactions as a reorganization described in Section 368(a)(1)(D) of the Code or relating to the qualification of the Exchange as a transaction described in Section 355 of the Code, which
representation or covenant is made by Radiant in that certain letter dated              addressed to King & Spalding LLP in connection with the tax opinion of King & Spalding LLP
described in the Share Exchange Agreement, or (b) any action or actions of or involving any Person (other than Enterprise, Erez Goren, or any other Person that is an Affiliate of Enterprise immediately before or immediately after such action or
actions), or any omission or omissions of any Person (other than Enterprise, Erez Goren, or any other Person that is an Affiliate of Enterprise immediately before or immediately after such omission or omissions), of an action or actions available to
it, after the Separation Date, if such breach, action or omission described in (a) or (b) contributes to a Final Determination that the Exchange results in the recognition of income or gain to Erez Goren by virtue of the Exchange failing to qualify
as a transaction described in Section 355 of the Code. 
  
 1.25
“Restructuring Taxes” means any Taxes resulting from the Separation Transactions including, but not limited to, any Taxes imposed pursuant to or as a result of Section 311 of the Code or Sections 1.1502-13 or 1.1502-19 of the
Treasury Regulations (or any corresponding or similar provisions of state, local or non-US. Tax law) and any sales or other transfer Taxes or similar charges imposed with respect to the transfer of the Enterprise Assets and Enterprise Liabilities to
Enterprise; provided, however, that “Restructuring Taxes” shall not include any Taxes imposed as a result of a Final Determination that (x) the Separation Transactions failed to qualify as a reorganization under Section
368(a)(1)(D), (y) the Exchange failed to meet the requirements of Section 355 of the Code, or (z) any stock or securities of Enterprise failed to qualify as “qualified property” within the meaning of Sections 355(c)(2) and 361(c)(2) of the
Code, including by reason of the application of Section 355(e) of the Code. 
  
 1.26 “Separation Agreement” shall have the meaning set forth in the Recitals. 
  
 1.27 “Separation Date” shall mean the date on which the Separation Transactions are consummated. 
  
 1.28 “Separation Transactions” shall have the meaning set
forth in the Recitals. 
  
 1.29 “Share Exchange
Agreement” shall have the meaning set forth in the Recitals. 
  
 1.30 “Subsidiary” shall mean a corporation, limited liability company, partnership, joint venture or other business entity if 50% or more of the outstanding equity or voting power of such entity is owned directly or
indirectly by the corporation with respect to which such term is used. 
  
 1.31 “Tax” or “Taxes” whether used in the form of a noun or adjective, shall mean all forms of taxation, whenever created or imposed, including, but not limited to, taxes on or measured by income,
franchise, gross receipts, sales, use, excise, payroll, personal property (tangible or intangible), real property, ad-valorem, value-added, leasing, leasing use or other taxes, levies, imposts, duties, charges or withholdings of any nature whether
imposed by a nation, locality, municipality, government, state, federation, or other governmental body (a 
  

 -4- 

 “Taxing Authority”). Whenever the term “tax” or “taxes” is used (including, without
limitation, in the context of any duty to reimburse another party or indemnify for taxes or refunds or credits of taxes) it shall include penalties, fines, additions to tax and interest thereon. 
  
 1.32 “Taxing Authority” shall have the meaning set forth in
the foregoing definition of the term “Tax.” 
  
 1.33
“Tax Returns” shall mean all reports, returns, information statements, questionnaires or other documents required to be filed or that may be filed for any period with any Taxing Authority (whether domestic or foreign) in connection
with any Tax or Taxes (whether domestic or foreign). 
  
 ARTICLE
II.  
  
 TAX RETURNS, TAX PAYMENTS AND TAX SHARING
OBLIGATION 
  
 2.01 OBLIGATIONS TO FILE TAX RETURNS. Radiant
shall timely file or cause to be filed all Tax Returns with respect to the Enterprise Group that (a) are filed on a consolidated, combined or unitary basis, (b) include Enterprise or any of its Subsidiaries and Radiant or any of its Subsidiaries,
and (c) are required to be filed (i) for any Pre-Separation Period or (ii) for any taxable year or period of the Radiant Group that begins before and ends after the Separation Date. Enterprise shall timely file or cause to be filed any other Tax
Return with respect to the Enterprise Group. 
  
 2.02 OBLIGATION
TO REMIT TAXES. Radiant and Enterprise shall each remit or cause to be remitted any Taxes due in respect of any Tax for which it is required to file a Tax Return or which is otherwise due to any Taxing Authority and shall be entitled to
reimbursement for such payments only to the extent provided in Sections 2.03 and 2.04. 
  
 2.03 TAX SHARING OBLIGATIONS AND PRIOR AGREEMENTS. 
  
 (a) Other than liabilities dealt with elsewhere in this Agreement, Enterprise shall be liable for and shall indemnify and hold the Radiant Group harmless against, on a net after Tax basis, any Tax liability of any
member of the Enterprise Group, and of any member of the Radiant Group to the extent that such liability is attributable to the assets, employees, or transactions of the Enterprise Business, for (i) any Post-Separation Period and (ii) any taxable
year or period that begins before and ends after the Separation Date in respect of the Post-Separation Period. Enterprise shall be entitled to any refund of or credit for Taxes of the Enterprise Group or amounts owed by Enterprise or for which
Enterprise is responsible under this Section 2.03(a). 
  
 (b)
Other than liabilities dealt with elsewhere in this Agreement, Radiant shall be liable for and shall indemnify and hold the Enterprise Group harmless against, on a net after Tax basis, any Tax liability of any member of the Radiant Group, and of any
member of the Enterprise Group to the extent that such liability is not attributable to the assets, employees, or transactions of the Enterprise Business, for (i) any Post-Separation Period and (ii) any taxable year or period that begins before and
ends after the Separation Date in respect of the Post-Separation Period. In addition, other than liabilities dealt with elsewhere in this Agreement, 
  

 -5- 

 Radiant shall be liable for and shall hold the Enterprise Group harmless against any Tax liability of any member of the
Radiant Group, and of any member of the Enterprise Group, for (i) any Pre-Separation Period and (ii) any taxable year or period that begins before and ends after the Separation Date in respect of the Pre-Separation Period. Radiant shall be entitled
to any refund of or credit for Taxes for any periods that are attributable to the Radiant Group or amounts owed by Radiant or for which Radiant is responsible under this Section 2.03(b). 
  
 (c) Except as set forth in this Section 2.03 and in consideration of the mutual indemnities and other obligations of this
Agreement, any and all prior Tax sharing agreements or practices between any member of the Radiant Group and any member of the Enterprise Group shall be terminated with respect to the Enterprise Group as of the Separation Date. 
  
 2.04 RESTRUCTURING TAXES; OTHER TAXES RELATING TO THE SEPARATION
TRANSACTIONS. 
  
 (a) RESTRUCTURING TAXES. Notwithstanding any
other provision of this Agreement to the contrary, Radiant shall pay, and shall indemnify and hold harmless Enterprise and any member of the Enterprise Group from and against, on a net after Tax basis, any Restructuring Taxes and any reasonable
expenses (including, but not limited to, attorney’s fees) incurred in defending any audit or examination with respect to Restructuring Taxes. 
  
 (b) INDEMNIFICATION FOR ENTERPRISE TAINTING ACTS. Enterprise covenants that neither Enterprise nor any member of the Enterprise Group shall commit or be
party to or the subject of any Enterprise Tainting Act which alone would result in any Tax or liability described in the following sentence and payable by Radiant. To the extent that any member of the Radiant Group would not have been liable for the
following amounts but for an Enterprise Tainting Act, Enterprise shall pay, and shall indemnify and hold harmless the Radiant Group from and against, on a net after Tax basis, any liability of any member of the Radiant Group for Taxes (together with
any reasonable expenses (including, but not limited to, attorney’s fees) incurred in defending against any such liability) resulting from a Final Determination that the Separation Transactions failed to meet the requirements of Sections 355 or
361 of the Code for nonrecognition of income or gain by the Radiant Group, including, without limitation, by reason of (x) any stock or securities of Enterprise failing to qualify as “qualified property” within the meaning of Sections
355(c)(2) or 361(c)(2) of the Code or (y) the application of Section 355(e) of the Code to the Separation Transactions. 
  
 (c) INDEMNIFICATION FOR RADIANT TAINTING ACTS. Radiant covenants that neither Radiant nor any member of the Radiant Group shall commit or be party to or
the subject of any Radiant Tainting Act which alone would result in any Tax or liability described in the following sentence and payable by Erez Goren. To the extent that Erez Goren would not have been liable for the following amounts but for a
Radiant Tainting Act, Radiant shall pay, and shall indemnify and hold harmless Erez Goren from and against, on a net after Tax basis, any liability of Erez Goren for Taxes (together with any reasonable expenses (including, but not limited to,
attorney’s fees) incurred in defending against any such liability) resulting from a Final Determination that the Separation Transactions failed to meet the requirements of Sections 355 of the Code for nonrecognition of gain by Erez Goren. Erez
Goren shall be a third party beneficiary of this Section 2.04(c) and shall be entitled to enforce this provision. 
  

 -6- 

 2.05 PERIOD THAT INCLUDES THE SEPARATION DATE. 
  
 (a) To the extent permitted by law or administrative practice, the taxable
year of the Enterprise Group shall be treated as closing at the close of the Separation Date. 
  
 (b) If it is necessary for purposes of this Agreement to determine the Tax liability of any member of the Enterprise Group for a taxable year or period that begins on or before and ends after the Separation Date and
is not treated under Section 2.05(a) as closing at the close of the Separation Date, the determination shall be made, in the case of Taxes that are based upon income or receipts, by assuming that the relevant taxable period ended at the close of the
Separation Date, except that any exemptions, allowances or deductions that are calculated on an annual basis shall be apportioned on a time basis. In the case of Taxes that are imposed on a periodic basis, are payable for a taxable period that
includes (but does not end on) the Separation Date, and are not based upon or related to income or receipts, the portion of such Tax that relates to the Pre-Separation Period shall be deemed to be the amount of such Tax for the entire taxable period
multiplied by a fraction the numerator of which is the number of days in the taxable period ending on the Separation Date and the denominator of which is the number of days in the entire taxable period. 
  
 ARTICLE III. 
  
 CARRYBACKS 
  
 3.01 Without the consent of Radiant, which shall not be withheld or delayed unreasonably, no member of the Enterprise Group shall carry back any net
operating loss or other Tax attribute (unless required to carry back such loss or Tax attribute by law) from a Post-Separation Period to a Pre-Separation Period. Provided that Radiant consents to the carryback or if the carryback is required by law,
Radiant (or any other member of the Radiant Group receiving such refund) shall promptly remit to Enterprise any refunds it receives with respect to any such carryback. Any refund of Taxes resulting from any such carryback by a member of the
Enterprise Group shall be payable to Enterprise as provided in Section 2.03(a). For purposes of this Article III, it shall be deemed reasonable for Radiant to withhold its consent to any carryback to the extent that Radiant determines in good faith
that such carryback will cause an actual increase in the Taxes for which the Radiant Group is responsible or will cause an actual reduction in the amount of any refund of Taxes payable to the Radiant Group. 
  
 ARTICLE IV. 
  
 PAYMENTS 
  
 4.01 PAYMENTS. Payments due under this Agreement shall be made no later than thirty (30) days after the receipt or crediting of a refund, the delivery of
notice of payment of a Tax for which the other party is responsible under this Agreement, or the delivery of notice of a Final Determination which results in such other party becoming obligated to make a payment hereunder to the other party hereto.
Payments due hereunder, but not made within such 30-day period, shall be accompanied with interest at a rate equal to the Applicable Federal Rate from the due date of such payment. 
  

 -7- 

 4.02 NOTICE. Radiant and Enterprise shall give each other prompt written notice of any payment that may
be due to the provider of such notice under this Agreement. 
  
 ARTICLE V. 
  
 TAX AUDITS 
  
 5.01 GENERAL. Except as provided in Section 5.02, each of Enterprise and
Radiant shall have sole responsibility for all audits or other proceedings (“Tax Controversies”) with respect to Tax Returns that it is required to file under Section 2.01 (the “Controlling Party”). Except as provided in Section
5.02(c) or Section 5.02(d), the Controlling Party shall have the sole right to contest the audit or proceeding and to employ advisors of its choice. 
  
 5.02 INDEMNIFIED CLAIMS. 
  
 (a) Radiant or Enterprise shall promptly notify the other in writing as soon as practicable after receipt by such party of any written communication from
a relevant Taxing Authority that proposes adjustment to a Tax Return that may result in liability of the other party (the “Indemnitor”) under this Agreement (a “Proposed Tax Adjustment”). If the Indemnitor is not also the
Controlling Party, the Controlling Party shall provide the Indemnitor with information about the nature and amounts of the Proposed Tax Adjustments. 
  
 (b) The Indemnitor shall have 30 days after receipt of such notice from the Controlling Party within which to object to the Proposed Tax Adjustment. If
the Indemnitor does not notify the Controlling Party within such 30 day period that it objects to the Proposed Tax Adjustment, Section 5.02(c) and Section 5.02(d) below shall not apply, and the Controlling Party shall have exclusive control over all
stages of the Tax Controversy, including full authority to determine whether and in what manner to contest or compromise the Proposed Tax Adjustment. 
  
 (c) If the Indemnitor notifies the Controlling Party that it objects to a Proposed Tax Adjustment, then the Controlling Party shall not thereafter consent
to the adjustment or compromise of such Proposed Tax Adjustment without the consent of the Indemnitor, but shall cooperate with the Indemnitor to resolve the Proposed Tax Adjustment on a basis acceptable to the Indemnitor. Prior to the issuance of
any notice raising a Proposed Tax Adjustment or similar stage in the proceedings, however, the Controlling Party shall be responsible for the conduct of the audit, including matters pertaining to such Proposed Tax Adjustment. The Controlling Party
shall notify the Indemnitor in advance of any conferences, meetings, and proceedings pertaining to the audit and, at its own expense, the Indemnitor shall have the right to attend all such proceedings with any Taxing Authority, the subject matter of
which is or includes such Proposed Tax Adjustment. 
  

 -8- 

 (i) Upon the issuance of a notice of proposed adjustment or similar stage in the proceedings, the
Indemnitor shall assume the conduct of all further proceedings, with counsel selected by it, at the Indemnitor’s sole expense, insofar as the proceedings relate to a Proposed Tax Adjustment, and thereafter the Indemnitor and the Controlling
Party shall jointly be responsible for the conduct of proceedings to contest such Proposed Tax Adjustment. 
  
 (ii) In the event that the Controlling Party receives a notice of deficiency from the Internal Revenue Service, or a similar notice from any other Taxing
Authority, and such notice includes one or more Proposed Tax Adjustments, then: 
  
 (A) upon receiving a written request from the Indemnitor, given no later than a date reasonably necessary to permit preparation and
timely filing of a petition in the United States Tax Court for redetermination of the deficiency relating to the Proposed Tax Adjustment, or a court of similar jurisdiction with respect to a Proposed Tax Adjustment imposed by any other Taxing
Authority, the Controlling Party shall timely file such petition (at the Indemnitor’s sole expense); or 
  
 (B) If (1) the Indemnitor does not request the Controlling Party to file a petition for redetermination of the deficiency pursuant to
subsection 5.02(c)(ii)(A) hereof, (2) the Indemnitor requests that the Controlling Party file a claim for refund of Taxes relating to a Proposed Tax Adjustment, and (3) the Indemnitor provides the Controlling Party with sufficient funds to pay the
deficiency relating to the Proposed Tax Adjustment, then the Controlling Party (at the Indemnitor’s sole expense) shall file a claim for refund thereof and, if the claim is denied, bring an action in a court of competent jurisdiction seeking
such refund. 
  
 (C) In the event that a
judgment of the United States Tax Court or other court of competent jurisdiction results in an adverse determination with respect to the Proposed Tax Adjustment, then the Indemnitor shall have the right to cause the Controlling Party to appeal from
such adverse determination at the Indemnitor’s sole expense. 
  
 (D) The Indemnitor and its representatives, at the Indemnitor’s sole expense, shall be entitled to the extent permitted by law to participate in (1) all conferences, meetings, or proceedings with any Taxing
Authority, the subject matter of which is a Proposed Tax Adjustment, and (2) all appearances before any court, the subject matter of which is a Proposed Tax Adjustment. The right to participate referred to in this subsection 5.02(c)(ii)(D) hereof
shall include the submission and content of documentation, memoranda of fact and law and briefs, the conduct of oral arguments or presentations, the selection of witnesses, and the negotiation of stipulations of fact with respect to a Proposed Tax
Adjustment. 
  
 (d) If a notice of proposed adjustment raises both
one or more issues that would result in Taxes for which the Controlling Party is liable under this Agreement in addition to one or more issues that constitute Proposed Tax Adjustments for which any other party is liable under this Agreement, then
the Controlling Party and the Indemnitor shall cooperate with each other to allow each party to conduct the Tax Controversy with respect to those issues that would 
  

 -9- 

 result in Taxes for which such party is liable under this Agreement. Each party shall bear the expense of conducting the
Tax Controversy with respect to the issues that would result in Taxes for which such party is liable under this Agreement. 
  
 ARTICLE VI. 
  
 COOPERATION 
  
 6.01 Radiant and Enterprise shall cooperate with each other in the filing of any Tax Returns and the conduct of any audit or other proceeding and each shall execute and deliver such powers of attorney and make available such other documents
as are reasonably necessary to carry out the intent of this Agreement. Each party agrees to notify the other party in writing of any audit adjustments which do not result in Tax liability but can be reasonably expected to affect Tax Returns of the
other party, or any of its Subsidiaries, for a Post-Separation Period. Unless and until there has been a Final Determination to the contrary, each party agrees to treat the Separation Transactions as a reorganization qualifying under Section
368(a)(1)(D) of the Code and the Exchange as a transaction qualifying under Section 355 of the Code. 
  
 ARTICLE VII. 
  
 RETENTION OF RECORDS; ACCESS 
  
 7.01 The Radiant
Group and the Enterprise Group shall (a) in accordance with their then current record retention policy, retain records, documents, accounting data and other information (including computer data) necessary for the preparation and filing of all Tax
Returns in respect of Taxes of the Radiant Group or the Enterprise Group for any Pre-Separation Period or for the audit of such Tax Returns; and (b) give to the other reasonable access to such records, documents, accounting data and other
information (including computer data) and to its personnel (insuring their cooperation) and premises, for the purpose of the review or audit of such Tax Returns to the extent relevant to an obligation or liability of a party under this Agreement. At
any time after the Separation Date that the Enterprise Group proposes to destroy such material or information, they shall first notify the Radiant Group in writing and the Radiant Group shall be entitled to receive such materials or information
proposed to be destroyed. At any time after the Separation Date that the Radiant Group proposes to destroy such material or information, they shall first notify the Enterprise Group in writing and the Enterprise Group shall be entitled to receive
such materials or information proposed to be destroyed. 
  
 ARTICLE
VIII. 
  
 TERMINATION OF LIABILITIES 
  
 8.01 Notwithstanding any other provision in this Agreement, any liabilities
determined under this Agreement shall not terminate any earlier than the expiration of the applicable statute of limitation for such liability. All other covenants under this Agreement shall survive indefinitely. 
  

 -10- 

 ARTICLE IX. 
  
 DISPUTE RESOLUTION; MISCELLANEOUS PROVISIONS 
  
 9.01 To the extent not inconsistent with any specific term of this Agreement, Article V (Dispute Resolution) and Sections
6.3 (Counterparts), 6.6 (Notices), 6.7 (Waivers), 6.8 (Amendments), 6.9 (Successors and Assigns), 6.11 (Subsidiaries), 6.12 (Parties in Interest), 6.13 (Titles and Headings), 6.14 (Governing Law), and 6.15 (Severability) of the Separation Agreement
shall apply in relevant part to this Agreement. 
  

 -11- 

 IN WITNESS WHEREOF, the parties hereto have duly executed this Agreement as of the day and year first
above written. 
  

	 	 	 RADIANT SYSTEMS, INC.
  
  

	 	 	 By:

	 	 	 Name:

	 	 	 Title:

  

	 Witness:
  
  

	 	 
	Name:	 	 

  
  

	 	 	 WAVE ENTERPRISE SYSTEMS, INC.
  
  

	 	 	 By:

	 	 	 Name:

	 	 	 Title:

  
  

	 Witness:
  
  

	 	 
	Name:	 	 

  

 -12-

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00057-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00057-of-00352.parquet"}]]