Document:

Non-Competition and Confidentiality Agreement dated June 24, 2011 (Heyday Games)

 Exhibit 10.3 
 NONCOMPETITION AND CONFIDENTIALITY AGREEMENT 

THIS AGREEMENT is made as of June 24, 2011, between Heyday Games, Inc., a Delaware corporation
(“Heyday”), and eGAMES, INC., a Pennsylvania corporation (“eGames”). 
 W I T N E S S E T H :

 WHEREAS, contemporaneously with the execution and delivery hereof, eGames is acquiring the
goodwill and substantially all of the assets used or useful by Heyday in designing, developing, distributing, promoting and/or selling an interactive entertainment social networking software game for personal computer and mobile platforms (i.e.
phone and tablet) (but not console or handheld gaming devices) targeted exclusively at the adult 40+ market (including, but not limited to, iOS and Android) (the “Business”), pursuant to an Asset Purchase Agreement, dated as of
June 24, 2011, to which eGames and Heyday are parties (the “Purchase Agreement”); and 

WHEREAS, by virtue of the purchase of the Business, eGames is and will be engaged throughout the Area in the
Business which was formerly conducted by Heyday; and 
 WHEREAS, in consideration of the execution of the
Purchase Agreement by eGames, Heyday has agreed not to compete with the Business and to certain other obligations, as set forth herein; and 
 WHEREAS, competition by Heyday with eGames, or disclosure by Heyday of the confidential and proprietary information or trade secrets of Heyday, will result directly in damage to eGames and its
business, properties, assets, and goodwill and will cause the loss by eGames of the benefit of its bargain with Heyday. 
 NOW, THEREFORE, in consideration of the mutual covenants herein contained and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties,
intending to be legally bound hereby, agree as follows: 
 1. Definitions. The following terms shall have
the definitions set forth below: 
 (a) “Affiliate” of a person shall mean any Person
that directly or indirectly controls, is controlled by, or is under common control with, the indicated Person. 
 (b) “Area” shall mean anywhere within any state of the United States of America or Canada. 

(c) A “Change in Control” shall include (i) the sale, transfer, assignment or other
disposition (including by merger or consolidation) by stockholders of the entity, in one transaction or a series of related transactions, of more than 50% of the voting power represented by the then outstanding capital stock of the entity to one or
more persons, (ii) the sale of all or substantially all of the assets of the entity, or (iii) the liquidation, dissolution or winding up of the entity. 

 (d) “Closing Date” shall mean the date of this
Agreement. 
 (e) “Confidential Information” shall mean all of the following materials
and information (whether or not reduced to writing and whether or not patentable) pertaining to the Business: 
 (1) All items of information relating to the Business that could be classified as a trade secret pursuant to law; 

(2) The names and addresses of the customers of the Business and the nature and amount of business done
with such customers; 
 (3) The design concepts, processes and techniques related to and the
development, designs, drawings and specifications of Heyday relating to the Business; 
 (4)
Source and object codes, flow charts, algorithms, coding sheets, design concept and related documentation and manuals of Heyday which relate to the Business; 

(7) Production processes, marketing techniques, purchasing information, price lists, pricing policies,
quoting procedures, financial information, customer names and requirements, customer data and other materials or information relating to the Business; 

(8) Any other materials or information related to the Business which are not generally known to others
engaged in similar business activities. 
 Capitalized terms used but not otherwise defined herein shall have
the respective meanings given to them in the Purchase Agreement. 
 2. As an inducement and in consideration for
eGames to enter into the Purchase Agreement, Heyday covenants that it shall, for a period equal to the lesser of three (3) years from and after the Closing Date or eGames undergoes a Change in Control (as defined in Section 1), observe the
following separate and independent covenants: 
 (a) Agreement Not to Compete. Except as
set forth in this Agreement, Heyday shall not, anywhere in the Area, on it’s own behalf or in the service or on behalf of others, except on behalf of eGames or its Affiliates (i) engage in the Business or become financially interested in
(other than as a holder of less than five percent of the outstanding securities of any entity whose voting securities are registered under the Securities Act of 1933, as amended, or Section 12 of the Securities Exchange Act of 1934, as
amended), in any business, person or entity that is engaged in the Business, or (ii) participate in, as a consultant, partner, agent, independent contractor, joint venture or in any other relationship whatsoever, to any business, person or
entity that engages in the Business. 

  
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 (b) Agreement Not to Solicit Customers. Heyday shall
not, either directly or through one or more agents, on it’s own behalf or in the service or on behalf of others, except on behalf of eGames, solicit, divert, or appropriate, or attempt to solicit, divert, or appropriate, to any Business, any
person or entity whose account was sold or serviced by or under the direction or supervision of Heyday at any time prior to the Closing Date. 
 (c) Agreement Not to Solicit Employees. Heyday shall not, either directly or through one or more agents, on it’s own behalf or in the service or on behalf of others, solicit, divert or hire
away, or attempt to solicit, divert, or hire away, to any Business, any person employed by eGames, whether or not such employee is a full-time employee or a temporary employee of eGames and whether or not such employment is pursuant to written
agreement and whether or not such employment is for a determined period or is at will; provided however a response to a general solicitation for employment or consulting shall not be deemed a violation of this clause. 

(d) Non-Interference with Third-Party Relationships. Heyday shall not, in addition to the covenants
contained in Sections 2(a), (b) and (c), intentionally interfere with, or intentionally disrupt the relationship between eGames and any third party, including without limitation, any independent contractor, customer, supplier, distributor or
employee of eGames in the Business. 
 3. Ownership and Non-Disclosure and Non-Use of Confidential
Information. Heyday acknowledges and agrees that all Confidential Information, are confidential to and shall be and remain the sole and exclusive property of eGames. Except to the extent provided in this Section 3, for a period of five
years from the Closing Date, Heyday agrees that it will not (i) disclose or make available any Confidential Information to any person or entity; or (ii) make or cause to be made, or permit, either on it’s own behalf or in the service
or on behalf of others, except on behalf of eGames, any use of such Confidential Information. Heyday’s obligations under Paragraph 3 will not extend to any of the Confidential Information that may become publicly available from sources other
than Heyday. 
 4. Acknowledgment. Heyday acknowledges that it has been for many years, and that eGames
is now, engaged in the Business throughout the Area, that the within and foregoing covenants are made by him in consequence of and as an inducement to eGames to acquire the Business and to protect and preserve to eGames the benefit of its bargain in
the acquisition of the Business, including, particularly, the goodwill associated therewith; that each of the above and foregoing covenants is reasonable and necessary to protect and preserve the benefits of such purchase; and that irreparable loss
and injury would result should Heyday breach any of the foregoing covenants. 
 5. Severability. Each of
the covenants hereinabove contained shall be deemed separate, severable, and independent covenants, and in the event any covenant shall be declared invalid by any court of competent jurisdiction, such invalidity shall not in any manner affect or
impair the validity or enforceability of any other part or provision of such covenant or of any other covenant contained herein. 

  
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 6. Partial Enforcement. If any of the covenants contained in
Section 2, or any part thereof, is held to be unenforceable because of the duration of such provision or the scope of the subject matter thereof or the area covered thereby, the parties agree that the court making such determination shall have
the power to reduce the duration, scope and/or area of such provision and, in its reduced form, said provision shall then be enforceable. 
 7. Enforcement. In addition to all other remedies provided at law or in equity, eGames shall be entitled to both preliminary and permanent injunctions against Heyday to prevent a breach or
contemplated or threatened breach by Heyday of any of the foregoing covenants, without the necessity of proving actual damages; and the existence of any claim, demand, cause of action, or action of Heyday against eGames, whether predicated upon this
Agreement or otherwise, shall not constitute a defense to the enforcement by eGames of any such covenants. In the event of an actual breach of any of the foregoing covenants, eGames shall have the right to recover damages for all losses, actual and
contingent, and the right to require Heyday to account for and pay over to eGames all profits or other benefits (collectively “Benefits”) derived or received by Heyday as a result of any transactions constituting such breach, and Heyday
hereby agrees to account for and pay over such Benefits to eGames. Each of the rights and remedies enumerated above shall be independent of the other, and shall be severally enforceable, and all of such rights and remedies shall be in addition to,
and not in lieu of, any other rights and remedies available to eGames at law or equity. 
 8. Governing Law;
Jurisdiction; Consent to Service of Process. THIS AGREEMENT SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE INTERNAL LAWS OF THE COMMONWEALTH OF PENNSYLVANIA, WITHOUT GIVING EFFECT TO ITS CHOICE OF LAW RULES AND PRINCIPLES. EACH OF THE
PARTIES HERETO IRREVOCABLY: (A) SUBMITS TO THE NON-EXCLUSIVE JURISDICTION OF THE COURTS OF THE COMMONWEALTH OF PENNSYLVANIA AND THE FEDERAL COURTS OF THE UNITED STATES OF AMERICA LOCATED IN PENNSYLVANIA, FOR THE PURPOSE OF ANY ACTION OR
PROCEEDING RELATING TO THIS AGREEMENT, (B) WAIVES, TO THE FULLEST EXTENT PERMITTED BY LAW, THE DEFENSE OF AN INCONVENIENT FORUM IN ANY ACTION OR PROCEEDING IN ANY SUCH COURT AND AGREES THAT IT WILL NOT ATTEMPT TO DENY OR DEFEAT SUCH PERSONAL
JURISDICTION BY MOTION OR OTHER REQUEST FOR LEAVE FROM ANY SUCH COURT, (C) AGREES THAT IT WILL NOT BRING ANY ACTION RELATING TO THIS AGREEMENT OR ANY OF THE TRANSACTIONS CONTEMPLATED BY THIS AGREEMENT IN ANY COURT OTHER THAN A FEDERAL COURT
SITTING IN THE COMMONWEALTH OF PENNSYLVANIA OR A PENNSYLVANIA COMMONWEALTH COURT, (D) AGREES THAT A FINAL JUDGMENT IN ANY ACTION OR PROCEEDING IN ANY SUCH COURT SHALL BE CONCLUSIVE AND MAY BE ENFORCED IN OTHER JURISDICTIONS BY SUIT ON THE
JUDGMENT OR IN ANY OTHER MANNER PROVIDED BY LAW AND (E) CONSENTS TO SERVICE OF PROCESS UPON IT BY MAILING A COPY THEREOF BY CERTIFIED MAIL ADDRESSED TO IT AND ITS COUNSEL AT THE ADDRESSES PROVIDED FOR IN THE PURCHASE AGREEMENT. 

9. Counterparts. This Agreement may be executed and delivered in any number of counterparts, each of which, when
executed and delivered, shall be an original, but all of which shall together constitute one and the same agreement. 

  
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 IN WITNESS WHEREOF, the undersigned have caused this Agreement to be
duly executed as of the date first above written. 
  

			
	/s/ Eugene H. Mauro
	Eugene H. Mauro, CEO
	HEYDAY GAMES, INC.
	
	eGAMES, INC.
		
	By:	 	/s/ Gerald W. Klein
	Name:	 	Gerald W. Klein
	Title:	 	CEO

  
 5Registration Rights Agreement dated June 24, 2011

 Exhibit 10.4 
 REGISTRATION RIGHTS AGREEMENT 
 This REGISTRATION RIGHTS
AGREEMENT (“Agreement”) is made as of June 24, 2011 by and between eGames, Inc., a Pennsylvania corporation (the “Company”) and Heyday Games, Inc., a Delaware corporation (“Heyday”). 

WHEREAS, this Agreement is made in connection with the Asset Purchase Agreement dated June 24, 2011 (the
“APA”) by and among the Company, Heyday and the Shareholders of Heyday (the “Shareholders”), pursuant to which the Company is acquiring substantially all of the assets of Heyday in exchange for shares of Common Stock of the
Company. 
 NOW, THEREFORE, in consideration of the premises and mutual covenants contained herein, the parties
hereto hereby agree as follows: 
 1. Definitions. As used in this Agreement, the
following terms shall have the following respective meanings: 
 “Board” shall mean the
board of directors of the Company. 
 “Common Stock” shall mean the Company’s
common stock, without par value. 
 “Holder” or “Holders” shall mean,
collectively, Heyday and the Qualifying Holders; provided, however, that the term “Holders” shall not include any of the foregoing that ceases to own or hold any Registrable Securities. 

“Purchase Date” shall mean the Closing Date under the APA. 

“Qualifying Holder” shall have the meaning ascribed thereto in Section 3 hereof.

 “Registrable Securities” shall mean the Shares of Common Stock, and shall include
any shares of the Company’s Common Stock issued with respect to the Registrable Securities as a result of any stock split, stock dividend, recapitalization, exchange or similar event; provided, however, that all Registrable Securities shall
cease to be Registrable Securities once they have been sold pursuant to a registration statement or in a transaction exempt from registration under the Securities Act. 

“Rule 144” shall mean Rule 144 promulgated under the Securities Act and any successor or
substitute rule, law or provision. 
 “SEC” shall mean the Securities and Exchange
Commission. 
 “Securities Act” shall mean the Securities Act of 1933, as amended, and
all of the rules and regulations promulgated there under. 

  
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 “Shares” shall mean the Company’s Common
Stock issued to the Holder pursuant to the APA. 
 2. Registration Rights. 

2.1. Piggyback Registration. If the Company at any time after the Purchase Date proposes for any
reason to register any of its equity securities under the Securities Act (other than pursuant to a registration statement on Forms S-8 or S-4 or similar or successor form which is not available for registering the Common Stock for sale to the public
(collectively, the “Excluded Forms”)), it shall each such time promptly give written notice to all Holders of its intention to do so but in no event less than 20 days before the anticipated filing date (which notice shall be treated by
each recipient as confidential information of the Company and not disclosed by such recipient except (a) pursuant to law or legal process, (b) to such recipient’s advisors who are bound by corresponding obligations of confidentiality,
or (c) after such information has already become public without any breach of this provision). Upon the written request, given within 10 days after receipt of any such notice of the Holders of any such Shares to register any shares of
Registrable Securities, the Company shall use its commercially reasonable efforts to cause such registration statement to become effective and keep such registration statement effective for a period of up to one hundred twenty (120) days or, if
earlier, until the distribution contemplated in the registration statement has been completed) in the case of any registration of Registrable Securities on Form S-3 or any similar short-form registration statement that are intended to be offered on
a continuous or delayed basis, subject to compliance with applicable SEC rules, such one hundred twenty (120) day period shall be extended for up to sixty (60) days, if necessary, to keep the registration statement effective until all such
Registrable Securities are sold. The Company shall have the right to terminate or withdraw any registration initiated by it under this Section 2.1 before the effective date of such registration, whether or not any Holder has elected to include
Registrable Securities in such registration. 
 (a) In the event that the proposed registration
by the Company is, in whole or in part, an underwritten public offering of securities of the Company, any request pursuant to this Section 2.1 to register shares of Registrable Securities may so specify, and such shares shall be included in the
underwriting on the same terms and conditions as the shares of Common Stock, if any, otherwise being sold through underwriters under such registration; provided, however, that the Company and all Holders proposing to distribute their
Registrable Securities through such underwriting shall enter into an underwriting agreement in customary form with the managing underwriter or underwriters selected for such underwriting (including, without limitation, a market stand-off agreement
of up to 180 days after the effective date of such registration if required by such underwriters). Notwithstanding any other provision of this Agreement, if the underwriters in their sole discretion determine that the inclusion of the Registrable
Securities will jeopardize the ability of the underwriters to distribute such shares of the Company’s capital stock in an orderly manner at a price acceptable to the Company, then the underwriters may exclude shares (including up to 100% of the
Registrable Securities) from the registration and the underwriting, with the number of Registrable Securities, if any, included in the registration and the underwriting being 

  
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allocated to each of the Holders requesting inclusion of their Registrable Securities in such Registration Statement on a pro rata basis (as nearly as practicable) based on the total number of
Registrable Securities then held by each such Holder, provided that the number of Registrable Securities to be offered by the Holders may not be reduced below an amount equal to 15% of the total Registrable Securities offered. If any Holder
disapproves of the terms of any such underwriting, such Holder may elect to withdraw therefrom by written notice to the Company and the underwriter(s), delivered at least 10 business days prior to the effective date of the Registration Statement.
Any Registrable Securities excluded or withdrawn from such underwriting shall be excluded and withdrawn from the registration. In each case, those shares of Registrable Securities which are excluded from the underwritten public offering shall be
withheld from the market by the holders thereof for a period, not to exceed 90 days, which the managing underwriter reasonably determines is necessary in order to effect the underwritten public offering. 

2.2. Preparation and Filing. If and whenever the Company is under an obligation pursuant to the
provisions of this Section 2 to use its commercially reasonable efforts to effect the registration of any shares of Registrable Securities, the Company shall, as promptly as reasonably practicable: 

(a) Prepare and file with the SEC such amendments and supplements to any Registration Statement and the
prospectus used in connection with such Registration Statement as may be necessary to comply with the provisions of the Securities Act with respect to the contemplated distribution of all securities covered by such Registration Statement for up to
90 days. 
 (b) Furnish to each Holder such number of copies of a prospectus, including a
preliminary prospectus, in conformity with the requirements of the Securities Act, as the Holder may reasonably request in order to facilitate the public sale or other disposition of such shares of Registrable Securities then held by such Holder.

 (c) use its commercially reasonable efforts to register and qualify the securities covered by
such registration statement under such other securities or blue-sky laws of such jurisdictions as shall be reasonably requested by the selling Holders; provided, that the Company shall not be required to qualify to do business or to
file a general consent to service of process in any such states or jurisdictions, unless the Company is already subject to service in such jurisdiction and except as may be required by the Securities Act; and, provided, further, that
(notwithstanding anything in this Agreement to the contrary with respect to the bearing of expenses) if any jurisdiction in which any of such Registrable Securities then held by a selling Holder shall be qualified shall require that expenses
incurred in connection with the qualification therein of any such Registrable Securities be borne by the selling Holders without reimbursement by the Company, then each selling Holder shall, to the extent required by such jurisdiction, pay its
respective pro rata share of such qualification expenses. 

  
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 (d) Notify each Holder of shares of Registrable Securities
covered by such registration statement, at any time when a related prospectus is required to be delivered under the Securities Act, of the happening of any event as a result of which the prospectus included in such registration statement, as then in
effect, includes an untrue statement of a material fact or omits any fact necessary to make the statements therein not misleading in light of the circumstances in which they are made; and, thereafter, the Company shall promptly prepare and furnish
to the Holders a reasonable number of copies of a supplement to or an amendment of such prospectus as may be necessary so that, as thereafter delivered to the purchasers of such shares, such prospectus, as so supplemented or amended, shall not
include an untrue statement of a material fact or omit to state a fact required to be stated therein or necessary to make the statements therein not misleading in the light of the circumstances then existing; provided, however, that
upon such notification by the Company, the selling Holders agree that they shall not offer or sell Registrable Securities unless and until (i) the Company has notified such selling Holders that it has prepared a supplement or amendment to such
prospectus and delivered copies of such supplement or amendment to such selling Holders or (ii) the Company has advised such selling Holders in writing that the use of the applicable prospectus may be resumed (it being understood and agreed by
the Company that the foregoing proviso shall in no way diminish or otherwise impair the Company’s obligation to prepare a prospectus amendment or supplement as above provided in this Section 2.2(d) and deliver copies of same as above
provided in Section 2.2(b). 
 (e) In connection with a sale of Registrable Securities
pursuant to such Registration Statement (assuming that no stop order is in effect with respect to such Registration Statement at the time of such sale), cooperate with the selling Holder and provide the transfer agent for the Registrable Securities
with such instructions and legal opinions as may be required in order to facilitate the issuance to the purchaser (or the selling Holder’s broker) of new unlegended certificates for such Registrable Securities. 

(f) use its commercially reasonable efforts to cause all Registrable Securities covered by the
Registration Statement to be listed on each securities exchange on which similar securities issued by the Company are then listed. 
 2.3. Expenses. All expenses incurred by the Company in effecting all registrations for Holders of Registrable Securities pursuant to this Section 2, including, without limitation, all
registration and filing fees, fees and expenses of complying with securities and blue sky laws, printing expenses and fees and disbursements of not more than one counsel for all the Holders of Registrable Securities requesting registration
thereunder, and of the independent certified public accountants (including the expenses of any special audits in connection with any such registration) (but excluding the compensation of regular employees of the Company which shall be paid in any
event by the Company), shall be paid by the Company; provided, however, that all underwriting discounts and selling commissions applicable to the shares of Registrable Securities covered by such registration shall be borne by the Holder or
Holders thereof; provided, further, that anything in this Agreement to the contrary notwithstanding, if any 

  
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jurisdiction in which the securities shall be qualified shall require that expenses incurred in connection with the qualification of the securities in that jurisdiction be borne by selling
shareholders, then such expenses shall be payable by such selling Holders pro rata based on the number of securities being registered, to the extent required by such jurisdiction. 

2.4. Indemnification. 

(a) Indemnification by the Company. To the extent permitted by law, the Company will indemnify each
Holder of Registrable Securities with respect to which registration has been effected pursuant to this Agreement, each of such Holder’s partners, officers, directors, employees, advisors and agents and each person controlling such Holder,
against all claims, losses, damages, costs, expenses and liabilities of any nature whatsoever (or actions in respect thereof) arising out of or based on any untrue statement (or alleged untrue statement) of a material fact contained in any
Registration Statement or prospectus incident to any such registration, qualification or compliance, or arising out of or based on any omission (or alleged omission) to state therein a material fact required to be stated therein or necessary to make
the statements therein not misleading, or any violation by the Company of the Securities Act or any state securities law or of any rule or regulation promulgated under the Securities Act or any state securities law applicable to the Company and
relating to action or inaction required of the Company in connection with any such registration, and will reimburse each such Holder, each of its partners, officers, directors, employees, advisors and agents and each person controlling such Holder
for any legal and other expenses reasonably incurred in connection with investigating or defending any such claim, loss, damage, cost, expense, liability or action, provided, however, that the indemnity agreement contained in this
Section 2.4(a) shall not apply to amounts paid in settlement of any such claim or proceeding if such settlement is effected without the consent of the Company, which consent shall not be unreasonably withheld or delayed, nor will the Company be
liable in any such case to the extent that any such claim, loss, damage, cost, expense, liability or action arises out of or is based on any untrue statement or omission based upon information furnished to the Company by a Holder and stated to be
specifically for use therein, and except that the foregoing indemnity agreement is subject to the condition that, insofar as it relates to any such untrue statement (or alleged untrue statement) or omission (or alleged omission) made in the
preliminary prospectus but eliminated or remedied in the amended prospectus on file with the SEC at the time the Registration Statement becomes effective or in the amended prospectus filed with the SEC pursuant to Rule 424(b) (the “Final
Prospectus”), such indemnity agreement shall not inure to the benefit of any Holder if a copy of the Final Prospectus was furnished to the person or entity asserting the claim, loss, damage, cost, expense, liability or action at or prior to the
time such action was required by the Securities Act. 
 (b) Indemnification by the
Holders. To the extent permitted by law, each Holder will, if Registrable Securities held by or issuable to such Holder are included in the securities to which a registration is being effected, indemnify the Company, each of its directors and
officers and each person who controls the Company within the meaning of the Securities Act, and each other Holder, each of such other 

  
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Holder’s officers and directors and each person controlling such other Holder, against all claims, losses, damages, costs, expenses and liabilities of any nature whatsoever (or actions in
respect thereof) arising out of or based on any untrue statement (or alleged untrue statement) of a material fact contained in any such Registration Statement or that prospectus incident to any such registration, or arising out of or based on any
omission (or alleged omission) to state therein a material fact required to be stated therein or necessary to make the statements therein not misleading, or any violation by such Holder of the Securities Act or any state securities law or of any
rule or regulation promulgated under the Securities Act or any state securities law applicable to such Holder and relating to action or inaction required of such Holder in connection with any such registration, and will reimburse the Company, such
other Holders, and such directors, officers and other persons for any legal or other expenses reasonably incurred in connection with investigating or defending any such claim, loss, damage, cost, expense, liability or action, in each case to the
extent, but only to the extent, that such untrue statement (or alleged untrue statement) or omission (or alleged omission) is made in such Registration Statement or prospectus in reliance upon and in conformity with information furnished to the
Company by such indemnifying Holder and stated to be specifically for use therein, except that the foregoing indemnity agreement is subject to the condition that, insofar as it relates to any such untrue statement (or alleged untrue statement) or
omission (or alleged omission) made in the preliminary prospectus but eliminated or remedied in the Final Prospectus, such indemnity agreement shall not inure to the benefit of the Company or any Holder if a copy of the Final Prospectus was
furnished to the person or entity asserting the claim, loss, damage, cost, expense, liability or action at or prior to the time such action was required by the Securities Act, provided, however, that the indemnity agreement contained in this
Section 2.4(b) shall not apply to amounts paid in settlement of any such claim or proceeding if such settlement is effected without the consent of the Holder, which consent shall not be unreasonably withheld or delayed; and provided
further that in no event shall the aggregate amounts payable by any Holder by way of indemnity or contribution under Section 2.4(b) or 2.4(d) exceed the aggregate proceeds received in respect of the Registrable Securities sold by such
Holder under such Registration Statement. 
 (c) Indemnification Procedures. Each party
entitled to indemnification under this Section 2.4 (the “Indemnified Party”), shall give notice to the party required to provide indemnification (the “Indemnifying Party”) promptly after such Indemnified Party has actual
knowledge of any claim as to which indemnity may be sought, and shall permit the Indemnifying Party to assume the defense of any such claim or any litigation resulting therefrom, provided that counsel for the Indemnifying Party, who shall
conduct the defense of such claim or litigation, shall be approved by the Indemnified Party (whose approval shall not unreasonably be withheld), and the Indemnified Party may participate in such defense. Failure of the Indemnified Party to give
notice as provided herein shall relieve the Indemnifying Party of its obligations under this Section 2.4 only to the extent that the failure or delay in giving notice has a material adverse impact on the ability of the Indemnifying Party to
defend against such claim. No Indemnifying Party, in the defense of any such claim or litigation, shall, except with the consent of each Indemnified Party, consent to entry of any judgment or enter into any settlement that does not include as an
unconditional term thereof, the 

  
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giving of a release from all liability in respect to such claim or litigation. If any such Indemnified Party shall have been advised by counsel chosen by it that there may be one or more legal
defenses available to such Indemnified Party that are different from or additional to those available to the Indemnifying Party, the Indemnifying Party shall not have the right to assume the defense of such action on behalf of such Indemnified Party
and will reimburse such Indemnified Party and any person controlling such Indemnified Party for the reasonable fees and expenses of any counsel retained by the Indemnified Party, it being understood that the Indemnifying Party shall not, in
connection with any one action or separate but similar or related actions in the same jurisdiction arising out of the same general allegations or circumstances, be liable for the reasonable fees and expenses of more than one separate firm of
attorneys for such Indemnified Party or controlling person, which firm shall be designated in writing by the Indemnified Party to the Indemnifying Party. 

(d) Contribution. In order to provide for just and equitable contribution to joint liability under
the Securities Act in any case in which either (a) any party entitled to indemnification under this Section 2.4, makes a claim for indemnification pursuant to this Section 2.4 but it is judicially determined (by the entry of a final
judgment or decree by a court of competent jurisdiction and the expiration of time to appeal or the denial of the last right of appeal) that such indemnification may not be enforced in such case notwithstanding the fact that this Section 2.4
provides for indemnification in such case, or (b) contribution under the Securities Act may be required on the part of any such party in circumstances for which indemnification is provided under this Section 2.4; then, and in each such
case, the Company and each Holder whose securities were included in the registration in question will contribute to the aggregate losses, claims, damages or liabilities to which they may be subject in such proportion as is appropriate to reflect the
relative fault of each such party in connection with the events giving rise to such claims, losses, damages, costs, expenses and liabilities, as well as any other relevant equitable considerations, provided, that each participating Holder shall be
limited in respect of any Registration Statement to an amount equal to the aggregate proceeds received in respect of the Registrable Securities sold by such Holder under such Registration Statement, provided further, however, that, in
any such case, no person or entity guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) will be entitled to contribution from any person or entity who was not guilty of such fraudulent
misrepresentation. 
 (e) Alternative Indemnification. Notwithstanding the foregoing
provisions of this Section 2.4, if the Company, the selling shareholders and the underwriters, pursuant to an underwritten public offering of the Common Stock, enter into an underwriting or purchase agreement relating to such offering which
contains provisions covering indemnification or contribution among the parties thereto in connection with such offering, then the indemnification or contribution provisions of this Section 2.4 shall be deemed inoperative for purposes of such
offering. 
 2.5. Information from Holders. In connection with any registration effected
pursuant to this Section 2, each holder of the shares of Registrable Securities then held by such Holder included in any registration effected pursuant to this Section 2 

  
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shall furnish to the Company such information with respect to it and its proposed distribution as the Company shall reasonably request in writing on a timely basis and as shall be required by
federal or state securities or blue sky laws applicable to such registration. The Company may exclude from such registration the Registrable Securities of any such Holder who unreasonably fails to furnish such information within a reasonable time
after receiving such request. 
 3. Transfer of Registration Rights. None of the rights of
any Holder under this Agreement shall be transferred or assigned to any person unless (i) such person is a Qualifying Holder (as defined below), (ii) such person agrees to become a party to, and bound by all of the terms and conditions of,
this Agreement by duly executing and delivering to the Company an Instrument of Adherence in the form attached as Exhibit A hereto, (iii) the transfer or assignment is made in accordance with the applicable requirements of the Securities Act
and any applicable state securities laws (v) such person agrees to the terms of ,and has completed, executed and returned to the Company, his or her Stockholder Questionnaire; (iv) following the transfer or assignment, the further
disposition of the Registrable Securities by such person is restricted under the Securities Act and applicable state securities laws. For purposes of this Section 3, the term “Qualifying Holder” shall mean, with respect to any Holder,
any corporation, partnership or other affiliated entity controlling, controlled by, or under common control with, such Holder, or any shareholder of Heyday. None of the rights of any Holder under this Agreement shall be transferred or assigned to
any person that acquires Registrable Securities in the event that and to the extent that such Person is eligible to resell all of such Registrable Securities pursuant to Rule 144 of the Securities Act within a three-month period. 

4. Entire Agreement. This Agreement constitutes and contains the entire agreement and understanding
of the parties with respect to the subject matter hereof, and it also supersedes any and all prior negotiations, correspondence, agreements or understandings with respect to the subject matter hereof. 

5. Deferral. Notwithstanding anything in this Agreement to the contrary, if the Company shall
furnish to the selling Holders a certificate signed by the President and Chief Executive Officer of the Company stating that the Board has made the good faith determination (i) that continued use by the selling Holders of the Registration
Statement for purposes of effecting offers or sales of Registrable Securities pursuant thereto would require, under the Securities Act, disclosure in the Registration Statement (or the prospectus relating thereto) of material, nonpublic information
concerning the Company, its business or prospects or any proposed transaction involving the Company, (ii) that such disclosure would be premature and would be adverse to the Company, its business or prospects or any such proposed transaction or
would make the successful consummation by the Company of any such transaction significantly less likely and (iii) that it is therefore essential to suspend the use by the Holders of such Registration Statement (and the prospectus relating
thereto) for purposes of effecting offers or sales of Registrable Securities pursuant thereto, then the right of the selling Holders to use the Registration Statement (and the prospectus relating thereto) for purposes of effecting offers or sales of
Registrable Securities pursuant thereto shall be 

  
 8 

 
suspended for a period (the “Suspension Period”) of not more than 90 days after delivery by the Company of the certificate referred to above in this Section 5. During the
Suspension Period, the Holders agree that they shall not offer or sell any Registrable Securities pursuant to or in reliance upon the Registration Statement (or the prospectus relating thereto). The Company may not exercise this right more than two
times in each year after the Purchase Date. 
 6. Miscellaneous. 

(a) This Agreement shall be governed by and construed and enforced in accordance with the laws of the
Commonwealth of Pennsylvania, and shall be binding upon and inure to the benefit of the parties hereto and their respective heirs, personal representatives, successors or assigns, provided that the terms and conditions of Section 3 hereof are
satisfied. This Agreement shall also be binding upon and inure to the benefit of any transferee of any of the Registrable Securities provided that the terms and conditions of Section 3 hereof are satisfied. Notwithstanding anything in this
Agreement to the contrary, if at any time any Holder shall cease to own all of its Registrable Securities or the Warrant, all of such Holder’s rights under this Agreement shall immediately terminate. 

(b) 

(i) Any notices, reports or other correspondence (hereinafter collectively referred to as
“correspondence”) required or permitted to be given hereunder shall be sent by courier (overnight or same day) or telecopy or delivered by hand to the party to whom such correspondence is required or permitted to be given hereunder. The
date of giving any notice shall be the date of its actual receipt. 
 (ii) All correspondence to
the Company shall be addressed as follows: 
 eGames, Inc. 

2000 Cabot Boulevard, Suite 110 
 Langhorne, PA 19047-1833 
 Attention: Gerald Klein, Chief
Executive Officer 
 Facsimile: 215-750-3722 

jklein@egames.com 
 with a copy to: 
 McCausland Keen & Buckman 

Radnor Court, Suite 160 
 259 North Radnor-Chester Road 
 Radnor, PA 19087-5251 

Attention: Nancy D. Weisberg, Esquire 

Facsimile: (610) 341-1099 
 nweisberg@mkbattorneys.com 

  
 9 

 (iii) All correspondence to any Holder shall be sent to the
address set forth on such Holder’s signature page hereto (or, in the case of a Qualifying Holder, such Qualifying Holder’s Instrument of Adherence hereto). 

(iv) Any party may change the address to which correspondence to it is to be addressed by notification as
provided for herein. 
 (c) The parties acknowledge and agree that in the event of any breach of
this Agreement, remedies at law may be inadequate, and each of the parties hereto shall be entitled to seek specific performance of the obligations of the other parties hereto and such appropriate injunctive relief as may be granted by a court of
competent jurisdiction. 
 (d) This Agreement may be executed in a number of counterparts, each
of which together shall for all purposes constitute one Agreement, binding on all the parties hereto notwithstanding that all such parties have not signed the same counterpart. 
 [REMAINDER OF THIS PAGE INTENTIONALLY LEFT BLANK] 

  
 10 

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

			
	eGAMES, INC.
		
	By:	 	/s/ Gerald W. Klein
		 	Gerald W. Klein, President and CEO
	
	HOLDER:
	
	Heyday Games, Inc.
		
	By:	 	/s/ Eugene H. Mauro
	Eugene H. Mauro, President

  
 11 

 EXHIBIT A 
 INSTRUMENT OF ADHERENCE 
 Reference is hereby made to that certain
Registration Rights Agreement, dated as of June 24, 2011, by and between eGames, Inc., a Pennsylvania corporation (the “Company”) and Heyday Games, Inc., a Delaware corporation, as amended and in effect from time to time (the
“Registration Rights Agreement’). Capitalized terms used herein without definition shall have the respective meanings ascribed thereto in the Registration Rights Agreement. 

The undersigned, in order to become the owner or holder of, or have the right to acquire,
                     shares of Registrable Securities, hereby agrees that, from and after the date hereof, the undersigned has become a party
to the Registration Rights Agreement in the capacity of a Qualifying Holder, and is entitled to all of the benefits under, and is subject to all of the obligations, restrictions and limitations set forth in, the Registration Rights Agreement that
are applicable to Qualifying Holder. This Instrument of Adherence shall take effect and shall become a part of the Registration Rights Agreement immediately upon execution. 
 Print Name of Qualifying Holder: 
  

			
	 
		
	By:	 	 
	Name:	 	
	Title:	 	

 Qualifying Holder’s Address and Fax Number for Notice: 

 

			
	 
	
	 
	
	 
	
	Accepted:
	
	eGames, Inc.
		
	By:	 	 
	Name:	 	
	Title:

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