Document:

Amended and Restated Service Bureau Software Services Agreement

 Exhibit 10.41 
  
 Execution Copy 
  
 E-TRX LIMITED 
  
 AND 
  
 HOGG
ROBINSON PLC 
  

  
 AMENDED AND RESTATED SERVICE BUREAU 
 SOFTWARE SERVICES AGREEMENT 
  

  

 CONTENTS 
  

					
	Clause

	  	 	  	Page

	1.	  	DEFINITIONS	  	1
			
	2.	  	SCOPE OF SERVICES	  	4
			
	3.	  	ETRX’S PROPRIETARY RIGHTS; HR RESTRICTIONS	  	7
			
	4	  	PRICING AND PAYMENT	  	9
			
	5.	  	LIMITED WARRANTY	  	11
			
	6.	  	LIMITATION OF LIABILITY	  	12
			
	7.	  	FORCE MAJEURE	  	12
			
	8.	  	TERM	  	13
			
	9.	  	TERMINATION	  	14
			
	10.	  	NON-SOLICITATION	  	16
			
	11.	  	CONFIDENTIALITY	  	17
			
	12.	  	NON-COMPETITION	  	18
			
	13.	  	JOINT OVERSIGHT COMMITTEE	  	19
			
	14.	  	GOVERNING LAW AND DISPUTE RESOLUTION	  	20
			
	15.	  	GENERAL	  	21
			
	16	  	COUNTERPARTS	  	22
			
	17.	  	NOTICES	  	22
		
	SCHEDULE 1 SOFTWARE AND SERVICES	  	25
		
	SCHEDULE 2 CHARGES	  	26
		
	SCHEDULE 3 SERVICE LEVEL AGREEMENT	  	27

  

 THIS AMENDED AND RESTATED SERVICE BUREAU SOFTWARE SERVICES AGREEMENT (this “Agreement”) is made
effective as of January 1st 2004 between 
  

	(1)	e-TRX Limited company number 3841799 with its registered offices at Sutherland House, Russell Way, Crawley, West Sussex, RH10 1UH (“ETRX”); and

  

	(2)	Hogg Robinson plc company number 2107443 of Abbey House, 282 Farnborough Road, Farnborough, Hampshire, GU14 7NJ (“HR”). 

  
 WHEREAS 
  

	(A)	HR Group wishes to offer a quality control and other travel booking related services to its own network and to certain customers; 

  

	(B)	ETRX provides certain technical services to the travel industry; 

  

	(C)	HR and ETRX wish to amend and restate (but not terminate) the agreement between them (originally entered into on February 18th 2000) for the provision by ETRX to HR of certain Services (as defined below), on the terms and conditions set out herein. 

  

	(D)	HR wishes ETRX’s parent company, TRX Inc (“TRX”) to, and TRX agrees to, unconditionally guarantee the performance by ETRX of it obligations hereunder.

  

	1.	DEFINITIONS 

  
 In this Agreement: 
  

	 	1.1	Charges means the charges payable by HR to ETRX in respect of the Services, as set out in Schedule 2; 

  

	 	1.2	Customer means an undertaking to whom a party, on any date, is supplying travel management services; 

  

	 	1.3	Dispute Resolution Procedure means the procedure set out in Clause 14; 

  

	 	1.4	Effective Date means 1st January
2004; 

  

	 	1.5	Global Distribution System (or “GDS”) means the * computer systems or networks (as any or all of the same are amended and updated from time to time during the Term)
used to check and make reservations of a travel related nature and such other global distribution systems as may be agreed from time to time; 

  

	 	1.6	Group means, in relation to a company, that company and each Subsidiary from time to time during the Term; 

  

	 	1.7	 HR Group means HR and: (a) its Subsidiaries from time to time; and (b) the travel franchisees of any such Group members from time to time enrolled in the
travel franchise program of such Group as it materially exists today; and (c) B.E.S.T (re.Borussia Dortmund), W.E.L.T (re. Wacker Chemie) and Bavaria (re. BMW), all being joint 

  

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ventures in Germany in which HR indirectly owns less than 50%; and Liga (re. German Bundesliga) being a further joint venture in Germany in which HR
indirectly owns less than 50%, if its inclusion is approved by ETRX, which approval will not be unreasonably withheld or delayed; 

  

	 	1.8	Intellectual Property Rights means any intellectual property rights anywhere in the world whether registrable or not and whether now known or arising hereafter, including
patent, trade marks, service marks, trade names, business names, designs, copyright, database rights and related rights, topography rights, know-how as well as applications for and the right to take action in respect of such rights;

  

	 	1.9	JOC means the joint oversight committee to be established in accordance with Clause 13; 

  

	 	1.10	Modifications means any changes, additions, improvements or derivative works and new versions of or to any of the Software from time to time (whether invented or created by
any TRX Group member(s) or HR, either alone or jointly with each other or third parties) including those which provide additional features and/or functionality, expanding the capabilities of any or all of the Software in existing functional areas,
or affect existing functionality, and shall include all modifications and adaptations (including changes to the Service branding and look and feel) implemented for HR Group Customers from time to time; 

  

	 	1.11	New Products shall mean all new products, programs, services and software (other than the Software and Modifications) brought or intended to be brought to market by ETRX or
any TRX Group company during the Term; 

  

	 	1.12	Service Bureau(x) means the computer facilities (whether located at UK offices of ETRX, in the USA or otherwise) from which ETRX will provide the Services and data
information to HR, provided always that any change in the location of any such facilities when compared to those used in relation to the Services as at the Effective Date will be subject to the prior written approval of HR only if such new location
shall cause any member(s) of the HR Group or any of their respective Customers to be in breach of applicable data privacy laws, which approval will not be unreasonably withheld or delayed; and provided further that ETRX shall continue to comply with
Clause 5.1 (b) and the SLAs pursuant to the terms of this Agreement; 

  

	 	1.13	Services means the application of the Software by or on behalf of ETRX to provide quality assurance tests and other automated optimisation processes for travel reservations;

  

	 	1.14	Shareholders Agreement means the Shareholders Agreement entered into between Hogg Robinson Holdings BV (a subsidiary of HR), BCD Technology S.A. and TRX dated November
5,1999, as amended; 

  

	 	1.15	Software means the software programs identified in Schedule 1 (as that Schedule may be amended from time to time in accordance with its terms and/or by written agreement
between the parties) and all associated Software releases, Modifications and new versions of those programs (whether carrying the same or a different name) arising during the Term; 

  

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	 	1.16	Subsidiary means in relation to an undertaking (the holding undertaking), any other undertaking in which the holding undertaking directly or indirectly holds or controls
either: 

  

	 	1.16.1	a majority of the Voting Rights; or 

  

	 	1.16.2	the right to appoint or remove directors having a majority of the voting rights exercisable at meetings of the board of directors of that undertaking, and any undertaking which is a
direct or indirect Subsidiary of another undertaking shall also be a Subsidiary of that undertaking’s holding undertaking. For the avoidance of doubt, “undertaking” shall include a body corporate, unincorporated association, joint
venture or partnership; or 

  

	 	1.16.3	fifty percent of the Voting Rights together with management and/or board control (whether by contract or otherwise); 

  

	 	1.17	Term means the term of this Agreement, as set out in Clause 8 as that term may be extended or terminated in accordance with the provisions hereof; 

 

	 	1.18	Transaction means a non-voided ticketed transaction; 

  

	 	1.19	Value Added Tax means value added tax as provided for in the Value Added Tax Act 1994 and any other tax of a similar fiscal nature whether imposed in the United Kingdom
(instead of or in addition to value added tax) or elsewhere; 

  

	 	1.20	Voting Rights means voting rights exercisable at general meetings of the members (or the equivalent in the relevant jurisdiction) of the relevant company;

  

	 	1.21	In this Agreement, a reference to: 

  

	 	1.21.1	 a statutory provision includes a reference to the statutory provision as modified or re-enacted or both from time to time before/whether before or after the date of this
Agreement and any subordinate legislation made or other thing done under the statutory provisions before/whether before or after the date of this Agreement; 

  

	 	1.21.2	 a document is a reference to that document as modified from time to time; 

  

	 	1.21.3	 a person includes a reference to a government, state, state agency, corporation, body corporate, association or partnership; 

  

	 	1.21.4	 a person includes a reference to that person’s legal personal representatives, successors and permitted assigns; 

  

	 	1.21.5	 the singular includes the plural and vice versa unless the context otherwise requires; 

  

	 	1.21.6	 a clause or schedule, unless the context otherwise requires, is a reference to a clause of a schedule to this Agreement; and 

  

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	 	1.21.7	 “includes”, “including” and similar terms, means “includes but is not limited to”. 

  

	 	1.22	 The headings in this Agreement do not affect its interpretation. 

  

	2.	SCOPE OF SERVICES 

  

	 	2.1	ETRX shall provide the Services to HR during the Term subject to the terms and conditions of this Agreement. HR may use and allow the use of the Services to provide services to HR
Group end-user corporate clients and for use by all travel agencies and travel fulfilment bureaux within the HR Group. In addition, the rights conferred on HR under this Agreement to use and allow use of the Services expressly exclude the right of
HR or the HR Group to use or allow use of the Services to provide Service Bureau services to any travel agencies not within the HR Group. HR shall ensure that all members of the HR Group comply with all relevant restrictions and obligations of HR
under this Agreement. ETRX shall be entitled to enforce all rights granted to ETRX under this Agreement against members of the HR Group who utilize the Services. Notwithstanding the foregoing, HR shall remain fully responsible and liable for any and
all acts and/or omissions of such members of the HR Group, and ETRX shall not be required to seek recourse against any such party in lieu of or prior to seeking recourse against HR. 

  

	 	2.2	The Software required to provide the Services will run and reside at the Service Bureau(x). The Software will be run by or on behalf of ETRX in consultation with HR to meet
HR’s specific needs and requests, (to be mutually determined and outlined by the JOC), in the provision of Services hereunder. ETRX shall provide and procure the provision of information and reports to HR on the performance of the Services, as
reasonably required by HR from time to time. 

  

	 	2.3	At the request of HR, the Service Bureau(x) will process transactions from HR Group locations and corporate clients everywhere in the world. 

  

	 	2.4	The Software and the Services generally will include timely adaptations for efficient use with each GDS. 

  

	 	2.5	From time to time, HR may request New Products and/or Modifications to the Software and the Services generally. ETRX agrees to negotiate in good faith with HR towards the
development of such Modifications and, subject to the outcome of such negotiations, HR agrees to pay for such requested Modification(s) and/or New Products on the terms set out in the Amended and Restated Software Development Agreement of even date
between the parties hereto (the “Development Agreement”). 

  
 For the avoidance of doubt, ETRX shall be responsible (at its own expense) for making (and making available to HR via the Service Bureau) all Modifications and other changes which are required to ensure that the
Software and the Services generally comply with applicable laws, regulations, generic (as opposed to HR-specific) GDS requirements and generic industry requirements. 
  

	 	2.6	All Modifications and all New Products created during the Term (other than pursuant to Clause 2.5) shall be made available to HR as follows: 

  

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	 	2.6.1	 * 

  

	 	2.6.2	 * 

  

	 	2.6.3	 in the event HR elects not to have such offered Modifications included within the Service, ETRX confirms that the part(s) of the Software/Service which the said
Modification(s) would have replaced/altered, and the Software and Service generally will continue to be provided to HR hereunder for the remainder of the Term to at least the same levels of functionality and otherwise as if the said Modification(s)
had not arisen. Without prejudice to the generality of the foregoing, the provisions of the second paragraph of Clause 2.5 will continue to apply notwithstanding HR’s rejection of any Modification(s). All accepted Modifications shall be loaded
on ETRX’s server as part of the Service Bureau(x); and 

  

	 	2.6.4	 for the avoidance of doubt, HR shall be under no obligation to take, use or test any offered New Product(s), but any New Products which HR does elect to take and use shall be
deemed to form part of the Software for all purposes under this Agreement, and Schedules 1 and 2 shall be deemed to have been amended and expanded accordingly from the date of its first live use by HR; provided, however, that the parties agree that
any SLAs related to such New Product shall be agreed upon in writing by the parties at the time of or prior to HR’s acceptance. 

  

	 	2.7	ETRX shall ensure the timely provision of the resources necessary to adequately perform under this Agreement. Once the JOC sets or the parties otherwise agree a start date for any
project or other matter to be undertaken under this Agreement, such start date cannot be changed by ETRX except by written agreement between the parties. In setting such priorities and start dates the JOC or the parties (as the case may be) shall
take into consideration other business issues facing ETRX and HR and other commitments of ETRX and HR. 

  

	 	2.8	 The JOC will periodically discuss and review HR’s competitive environment which shall include a review of HR’s competitors’ technology, cost or
pricing structure and service offerings, to the extent such information is known (and to the extent that disclosure of such information is not restricted by a third party). If the JOC determines that ETRX has ceased to be competitive in terms of the
technology associated with the Services, the 

  

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Charges or the quality of the Services then, the parties shall jointly determine, in good faith, if a change in technology, cost or services should be made.

  

	 	2.9	ETRX will provide and procure the provision of the Services in accordance with the provisions of the service level agreement set out in Schedule 3 (the “SLA”). HR
will give ETRX as much prior warning as is reasonably practicable (having regard to issues of confidentiality where relevant) of any material changes in its Group and its use of the Services. In the event of such material change, ETRX shall have a
commercially reasonable time to adjust the Services to accommodate such change. During such time, TRX shall not be responsible for meeting the SLAs and shall not be in breach of this Agreement for failing to do so. 

  

	 	2.10	* 

  

	 	2.11	ETRX confirms that it will continue to operate ResAssist in the Service Bureau(x) across all markets in accordance with (inter alia) Clause 2.5 until ResX can be run on the Service
Bureau(x) in all markets with at least the same level of functionality as ResAssist. 

  

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	3.	ETRX’S PROPRIETARY RIGHTS; HR RESTRICTIONS 

  

	 	3.1	HR acknowledges that, save as provided for to the contrary in the Development Agreement, the Software, Services, New Products, all related documentation, information and other
material of any sort which is provided by or on behalf of ETRX and all Intellectual Property Rights in same, whether existing now or in future, are the sole and exclusive property of ETRX and/or its licensors and embody valuable confidential and
proprietary information of ETRX and/or its licensors, the development of which required the expenditure of considerable time and money by ETRX and/or its licensors, and are protected by copyright law, trade secret law, international treaty and other
intellectual property or other laws. HR shall treat such information so received in confidence and shall not use, copy, disclose, reverse engineer, disassemble or decompile nor permit any of its personnel, agents or sub-contractors to use, copy,
disclose, reverse engineer, disassemble or decompile the same, for any purpose that is not specifically authorised under this Agreement or the Development Agreement. 

  

	 	3.2	By virtue of this Agreement, HR acquires only the non-exclusive right as described above to use and receive, and to allow the HR Group and end-user corporate clients to use and
receive, the Services and does not acquire any licence thereto or any rights of ownership in such materials, except as may be set forth in the Development Agreement or a separate written agreement. HR shall not use the Services to establish its own
Service Bureau during the Term without the prior written consent of ETRX. Nothing in this sub-clause shall affect HR’s entitlement to use and allow use of the Services for the provision of services to its corporate Customers under Clauses 2.1
and 2.3. 

  

	 	3.3	Save as provided for in the Development Agreement, ETRX, and/or its licensors, at all times retain all right, title and interest in the Software, related documentation, and any
derivatives thereof. Save as expressly set out herein and/or the Development Agreement, no right or license is granted hereunder by implication, estoppel or otherwise. 

  

	 	3.4	HR agrees not to remove, alter or conceal any product identification, copyright notices, or other notices or proprietary restrictions from the monthly data information reports or
the Services provided to HR by ETRX and to reproduce any and all such notices on any copies of such materials. 

  

	 	3.5	ETRX acknowledges that, as between HR and ETRX, HR is and shall continue to be the owner of all HR Group and HR Customer branding, HR Customer employee data (“Customer
Data”) and other HR, HR Group and HR Customer generated or provided information and other material of any sort which is provided by or on behalf of HR, HR Group and/or HR Customers to/used by or on behalf of ETRX in or in relation to the
Services (collectively, “HR Property”). By virtue of this Agreement, ETRX acquires only a non-exclusive right to use and receive HR Property in and in relation to the Services and does not acquire any licence thereto or any
rights of ownership in such materials, except as may be set forth in a separate written agreement. 

  

	 	3.6	 ETRX will: (a) use Customer Data only as is strictly necessary to provide the Services; and (b) comply with HR’s reasonable instructions from time to time in
relation to its holding and handling of Customer Data; and (c) maintain safeguards against the destruction, loss or alteration of Customer Data which are no less rigorous than those required of a data processor under the Data Protection Act 1998
(the “Act”); and (d) 

  

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comply and procure the compliance with the relevant requirements and provisions of the Act and any other laws and regulations applicable to the provision of
the Services. 

  

	 	3.7	In addition, ETRX acknowledges that Customers sometimes request information and comfort concerning the handling and security of their Customer Data, and ETRX agrees to co-operate
reasonably from time to time with HR in relation to any such requests where such co-operation would not involve material expense on the part of ETRX. In all other cases the parties will endeavour (acting reasonably and in good faith) to agree an
appropriate fee for ETRX’s services. 

  

	 	3.8	Both parties recognise and acknowledge that any use or disclosure of the other’s proprietary materials in breach of this Agreement may cause the owner irreparable damage for
which other remedies may be inadequate, and each party hereby acknowledges as proper any request to a court of competent jurisdiction by the other party for injunctive or other equitable relief seeking to restrain such use or disclosure.

  

	 	3.9	HR assumes full responsibility for the quality, accuracy and completeness of the data transmitted or provided by HR, HR Group or HR Customers to the Service Bureau, whether by means
of the Software or otherwise, including any inaccurate results obtained as a result of such data where supplied corrupted, inaccurate or incomplete provided always that, except to the extent directly arising from, related to, or in connection with a
Force Majeure Event (as defined in Clause 7) and/or errors or omissions on the part of HR, HR Group and/or HR Customer(s), this Clause shall not in any way serve to limit or exclude ETRX’s responsibility for any low quality, inaccuracy or
incompleteness of such data where and to the extent that such low quality, inaccuracy or incompleteness has arisen as a direct result of acts, errors or omissions on the part of ETRX or any of its service-providers/sub-contractors.

  

	 	3.10	Indemnity. 

  

	 	3.10.1	ETRX shall indemnify HR and the HR Group members from and against any and all costs (including reasonable legal fees), expenses, claims, damages, losses, actions and judgements
which any or all of them suffer as a direct result of any third party claim that the use of the Service Bureau(x)/Services in the normal course infringes the Intellectual Property Rights of any third party. 

  

	 	3.10.2	Clause 6.2 shall not apply to indemnity under this Clause 3.10. 

  

	 	3.10.3	Indemnification under this Clause 3.10 is contingent on ETRX being notified promptly of such action, claim, suit or proceeding in writing and being given authority, control and full
and proper information and assistance (at ETRX’s cost) in the defence and settlement of such action, claim, suit or proceeding. 

  

	 	3.10.4	 If ETRX’s products, Software, Services, content, data or other materials provided under this Agreement become, or in ETRX’s reasonable good faith opinion
are likely to become the subject of such a claim of infringement, ETRX may at its option and expense: (1) within a commercially reasonable period of time secure for HR the right to continue using the allegedly infringing items; (2) within a
commercially reasonable period of time replace or modify the allegedly infringing items to make them non-infringing; (3) litigate with the alleged infringer; and/or (4) terminate this Agreement with respect to the infringing item 

  

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only, without prejudice to any rights HR may have under Clause 3.10.1 or otherwise under this Agreement (other than Clause 9.2.1) in respect of the said
infringement or said termination. In the event of termination pursuant to subclause 3.10.4(4), HR has the right to terminate this Agreement (without prejudice to any rights HR may have under Clause 3.10.1 or otherwise under this Agreement (other
than Clause 9.2.1) in respect of the said infringement or said termination) upon written notice to ETRX in the event HR determines that such termination by ETRX has a material adverse affect on the Services. 

  

	 	3.10.5 	Notwithstanding the foregoing, ETRX has no obligation to HR under this indemnity in connection with any claim or allegation to the extent resulting directly from: (i) the negligent
use of the Software, Services, New Products, content or data provided hereunder by or on behalf of ETRX; or (ii) the use of ETRX’s Software, Services, New Products, content, or data provided hereunder by or on behalf of ETRX other than in
accordance with this Agreement and the documentation, manuals or other written instructions or specifications provided by or on behalf of ETRX hereunder; or (iii) modifications or alterations to any of the Software, Services, New Products, content
or data provided by or on behalf of ETRX which are made other than by ETRX or its subcontractors; or (iv) HR’s, HR Group’s, HR Customer’s or HR Group’s Customer’s failure to use corrections or enhancements made available by
or on behalf of ETRX; or (v) HR’s, HR Group’s, HR Customer’s or HR Group’s Customer’s use of the Software, Services, New Products, content or data provided by or on behalf of ETRX in combination with any product or
information not owned or developed or provided by ETRX or any third party (other than HR) on behalf of ETRX; or (vi) HR’s, HR Group’s, HR Customer’s or HR Group’s Customer’s distribution, marketing or use for the benefit of
third parties (other than by using in the normal course marketing material(s) provided by or on behalf of ETRX and/or otherwise as specifically allowed under this Agreement) of the Software, Services, New Products, content or data provided hereunder
by on or behalf of ETRX; or (vii) information, data, hardware, software or other materials provided hereunder by HR, HR Group, HR Customer, HR Group’s Customer or any third party (other than by or on behalf of any TRX Group member(s)) on behalf
of HR, HR Group, HR Customer or HR Group’s Customer; or (viii) Custom Software (as defined in the Development Agreement) developed by HR or a third party (other than ETRX) on behalf of HR under the Development Agreement.

  

	4.	PRICING AND PAYMENT 

  

	 	4.1	* 

  

	 	4.2	The Charges do not include any charge for Value Added Tax and HR is solely responsible for paying any and all Value Added Tax arising in connection with the Services rendered to HR
under this Agreement. 

  

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	 	4.3	Both parties agree to take all reasonable steps to minimize taxes, which might be assessed on either party based on the parties’ performance hereunder.

  

	 	4.4	* 

  

	 	4.5	ETRX will maintain and procure the maintenance of complete and accurate books and records (using, amongst other things, generally accepted accounting principles consistently
applied) of all Services supplied, all Transactions and all Charges and other sums claimed hereunder (“Books and Records”), and will retain the Books and Records for 6 years after the expiry or termination of this Agreement.

  

	 	4.6	To review compliance with Clauses 4.4 and 4.5 and the accuracy of ETRX’s invoices HR may designate independent auditors who, at HR’s expense will be permitted to examine
(as the context requires) ETRX’s charges to other customers and/or the Books and Records provided, however, that such auditor must sign a reasonable non-disclosure agreement with ETRX prior to commencing any examination. ETRX shall afford
reasonable access to the auditor to its books and records, for the purpose of carrying out such an inspection. 

  

	 	4.7	The cost of such audit shall be at HR’s expense; provided, however, that ETRX will bear the cost of the audit if the audit reveals any overpayment which, in the aggregate, is
greater than three percent (3%) of the amount which was actually due for the period being audited. 

  

	 	4.8	 As regards Clause 4.4, HR’s auditor will be permitted to report to HR only the fact that ETRX is or is not in compliance with it, and will not be permitted to
disclose any specific information to HR regarding ETRX’s customers. If the auditor reports that ETRX is not in compliance with Clause 4.4, the auditor will report to ETRX the changes which need to be made to the charges and other terms of
supply of the Services/New Products in order for ETRX to be in compliance with Clause 4.4. In the event ETRX agrees with the auditor’s findings, ETRX shall implement such changes within a reasonable period and upon request from HR, and the
auditor shall certify to HR that ETRX is in compliance with this provision, once the changes have been made. In the event ETRX reasonably 

  

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and in good faith disagrees with the auditor’s findings, the parties shall attempt to resolve such dispute in accordance with the Dispute Resolution
Procedure. 

  
 If any portion of an ETRX
invoice is subject to a bona fide dispute between HR and ETRX the following provisions shall apply: 
  

	 	4.9	HR will notify ETRX within ten business days after the date of receipt of the invoice(s) in question and will describe in reasonable detail HR’s reasons for disputing each
item; and 

  

	 	4.9.1 	within ten business days after ETRX’s receipt of such notice from HR the parties will negotiate in good faith via the Dispute Resolution Procedure to reach settlement on any
items that are the subject of the dispute; and 

  

	 	4.9.2 	notwithstanding a dispute, HR will pay or cause the payment of the undisputed part(s) of any invoice within the timescales set out in Clause 4.1 as if there had been no dispute and
may withhold the disputed portion as provided for in Clause 4.9; and 

  

	 	4.9.3 	HR will pay or procure the payment of the disputed amount within 10 days of the dispute being settled (to the extent that it is settled) and the due amount agreed. If reasonably
requested by HR, ETRX will reissue invoices in respect of any altered payments. 

  

	 	4.10	In the event that any payments hereunder become due and payable by one party (the “Owing Party”) at a time when there is a bona fide claim (ie a disputed or overdue
payment as opposed to a sum owing in the normal course) against the other party (the “Owed Party”) by the Owing Party, the Owing Party shall be entitled to pay any such sum into a joint interest-bearing deposit account in the joint names
of Owing Party’s solicitors and the Owed Party’s solicitors (the “Escrow Account”) pending resolution of such claim in accordance with the Dispute Resolution Procedure. Upon resolution of such claim the Owed Party shall be
entitled to payment from the Escrow Account of an amount which does not exceed the amount due to it from the Owing Party in relation to the resolved claim, with the balance standing to the credit of the Escrow Account being payable to the Owing
Party. Interest accrued in the Escrow Account shall be apportioned pro rata between the payments made out of the Escrow Account as referred to above. 

  

	5.	LIMITED WARRANTY 

  

	 	5.1	ETRX represents and warrants that: (a) it will provide the Services (including support and related services under the SLA) with reasonable skill and care, in a timely, workmanlike
fashion and in accordance with industry standards; and (b) the functionality and responsiveness of the Services and the Software as at the Effective Date (assuming that to be a normal day of operation) will not thereafter be reduced by ETRX or any
members) of its Group without HR’s prior written consent. 

  

	 	5.2	 Provided that ETRX and any other members of the TRX Group involved in the provision of Services hereunder has in place disaster recovery and business continuity
plans and procedures commensurate with the size and nature of its operations (“DR Measures”), ETRX will not be liable to HR or the HR Group for any claim or effect, failure to meet the SLAs, or failure to have appropriate DR
Measures directly arising from, related to, or 

  

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in connection with: (i) any cause beyond the control of ETRX, including any Force Majeure Event as defined under Clause 7; or (ii) any failure of any
hardware or software provided by HR or a third party on behalf of HR hereunder; or (iii) any failure of HR or the HR Group to provide any hardware or software it is required to provide hereunder or pursuant to a separate agreement; or (iv) failure,
error or inaccuracy of any Custom Software developed by a third party other than any TRX Group member(s) pursuant to the terms of the Development Agreement or any other third party software provided by or on behalf of HR hereunder.

  

	 	5.3	EXCEPT AS EXPRESSLY PROVIDED IN THIS CLAUSE, NO EXPRESS OR IMPLIED WARRANTY IS MADE BY EITHER PARTY WITH RESPECT TO ANY SERVICE, PRODUCT, SOFTWARE RELEASE, DATA COMPILATION OR ANY
OTHER MATTER, INCLUDING, WITHOUT LIMITATION, ANY IMPLIED WARRANTIES OR CONDITIONS OF MERCHANTABILITY, SATISFACTORY QUALITY OR FITNESS FOR A PARTICULAR PURPOSE. ETRX DOES NOT WARRANT THAT THE SOFTWARE OR SERVICES WILL BE ERROR FREE OR THAT ALL ERRORS
IN THE SOFTWARE CAN OR WILL BE CORRECTED OR THAT THE FUNCTIONALITY OF THE SOFTWARE WILL MEET HR’S REQUIREMENTS. 

  

	6.	LIMITATION OF LIABILITY 

  

	 	6.1	NEITHER HR, ETRX NOR THEIR RESPECTIVE OFFICERS, DIRECTORS, EMPLOYEES OR AGENTS, WILL BE LIABLE TO THE OTHER FOR ANY CLAIMS FOR SPECIAL, INDIRECT OR CONSEQUENTIAL DAMAGES ARISING OUT
OF THE SERVICES PROVIDED BY THIS AGREEMENT OR A BREACH OF THE AGREEMENT EVEN IF THAT DAMAGE WAS REASONABLY FORESEEABLE OR EITHER PARTY WAS AWARE OF THE POSSIBILITY OF THAT LOSS OR DAMAGE ARISING, WHETHER SUCH DAMAGES OR CLAIMS ARE BASED ON BREACH OF
WARRANTY OR CONTRACT, NEGLIGENCE, STRICT LIABILITY, TORT, PRODUCTS LIABILITY OR OTHERWISE. 

  

	 	6.2	SUBJECT TO CLAUSE 11.6, IN NO EVENT WILL EITHER PARTY’S LIABILITY FOR ANY DAMAGES OR INJURIES TO THE OTHER PARTY HEREUNDER EVER EXCEED *, REGARDLESS OF THE FORM OF ACTION,
WHETHER IN CONTRACT, NEGLIGENCE, STRICT LIABILITY, TORT, PRODUCT LIABILITY OR OTHERWISE. 

  

	 	6.3	Nothing in this Agreement shall operate to limit or exclude the liability of either party in respect of death or personal injury arising as a result of the negligence of that party.

  

	7.	FORCE MAJEURE 

  

	 	7.1	If a party (the “Affected Party”) is prevented, hindered or delayed from or in performing any of its obligations (other than the payment of monies) under this
Agreement by a Force Majeure Event: 

  

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 *        CONFIDENTIAL TREATMENT REQUESTED 

	 	7.1.1	the Affected Party’s obligations under this Agreement are suspended while the Force Majeure Event continues and to the extent that it is prevented, hindered or delayed;

  

	 	7.1.2	as soon as reasonably possible after the start of the Force Majeure the Affected Party shall notify the other party in writing of the Force Majeure Event, the date on which the
Force Majeure Event started and the effects of the Force Majeure Event on its ability to perform its obligations under this Agreement; 

  

	 	7.1.3	the Affected Party shall make all reasonable efforts to mitigate the effects of the Force Majeure Event on the performance of its obligations under this Agreement; and

  

	 	7.1.4	as soon as reasonably possible after the end of the Force Majeure Event the Affected Party shall notify the other party in writing that the Force Majeure Event has ended and resume
performance of its obligations under this Agreement. 

  

	 	7.2	If the Force Majeure Event continues for more than three months starting on the day the Force Majeure Event starts, the unaffected party may terminate this Agreement by giving not
less than 30 days’ written notice to the party affected by the Force Majeure Event. 

  

	 	7.3	In Clause 7, “Force Majeure Event” means an event beyond the reasonable control of the Affected Party including, without limitation, act of God, war, riot, civil
commotion, malicious damage, compliance with a law or governmental order, rule, regulation or direction, accident or breakdown of plant or machinery not due to the negligence of the Affected Party, fire, flood and storm provided that ETRX may not
claim as a Force Majeure Event any event which was, or should reasonably have been, prevented or limited by its DR Measures, to the extent that it was or should reasonably have been so prevented or limited. 

  

	8.	TERM 

  

	 	8.1	Subject to Clauses 7.2, 8.3 and 9, the initial term of this Agreement shall be two years from the Effective Date. 

  

	 	8.2	With effect from no later than 1st January 2005, the parties shall commence good faith negotiations with a view to agreeing, by no later than 30th June 2005, an extension to the term of this Agreement beyond December 31st 2005. * 

  

	 	8.3	If no extension has been agreed by 30th June
2005 then, unless the parties mutually agree otherwise in writing, the parties will promptly commence the production of a Transition Plan pursuant to Clause 9.7 and ETRX agrees that HR may require that the Services continue to be provided as part of
the Transition Plan up to 31st March 2006. 

  

	 	8.4	 ETRX confirms that, in order to enable HR to achieve a smooth transition off the Services, HR may require as part of the Transition Plan the right to begin staged
transitioning off the Services prior to 31st December 2005. HR will act reasonably and in 

  

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 *        CONFIDENTIAL TREATMENT REQUESTED 

	 	 
good faith in this regard, and ETRX confirms that in respect of any such transitioning, HR shall not be in breach of Clause 12. 

 

	9.	TERMINATION 

  

	 	9.1	A party (the “Initiating Party”) may terminate this Agreement with immediate effect by written notice to the other party (the “Breaching Party”) on
or at any time after the occurrence of an event specified in Clause 9.2 in relation to the Breaching Party. 

  

	 	9.2	The events are: 

  

	 	9.2.1	the Breaching Party being in material breach of an obligation under this Agreement (other than breaches of the SLA, which breaches are provided for in Clause 9.2.6) and, if the
breach is capable of remedy, failing to remedy the breach within 30 days starting on the day after receipt of written notice from the Initiating Party giving details of the breach and requiring the Breaching Party to remedy the breach;

  

	 	9.2.2	the Breaching Party passing a resolution for its winding up or a court of competent jurisdiction making an order for the Breaching Party’s winding up or dissolution;

  

	 	9.2.3	the making of an administration order in relation to the Breaching Party or the appointment of a receiver over, or an encumbrancer taking possession of or selling, an asset of the
Breaching Party; 

  

	 	9.2.4	the Breaching Party making an arrangement or composition with its creditors generally or making an application to a court of competent jurisdiction for protection from its creditors
generally; 

  

	 	9.2.5	HR may terminate this agreement with immediate effect by written notice to ETRX within 60 days following: (a) a change of control of ETRX (whether such control is exercised as sole
or joint control, with a third party); or (b) if BCD Technology S.A. or another company owned or under the control of BCD Technology S.A. cease to hold the majority of the voting rights in TRX and/or WTT UK Limited. In this clause,
“control” means the ability to direct the affairs of another whether by way of contract, ownership of shares or otherwise; or 

  

	 	9.2.6	In the event HR determines that ETRX has committed or permitted persistent breaches of the SLA which, when taken together, amount to a material breach, HR shall give ETRX written
notice of such determination. In the event ETRX reasonably and in good faith agrees to such determination, HR may terminate this Agreement within thirty (30) days of such good faith agreement, which will not be unreasonably delayed (if given). In
the event ETRX reasonably and in good faith disagrees with such determination it will promptly notify HR of that fact, and the parties shall then attempt to resolve such dispute through the Dispute Resolution Procedure in no longer than a 30 day
time period from ETRX’s notification. 

  

	 	9.3	 If there is any material change, as determined by either party; (1) in any laws, ordinances, orders, rules or regulations governing the way the parties may operate;
(2) in travel 

  

 14 

	 	 
industry conditions, including but not limited to, airfares (e.g., net fares or net/net fare arrangements) or compensation to HR, by action of any industry
vendor, governing body or client; or (3) in technology including but not limited to computer reservation systems or the internet; which material change has the effect of materially increasing or decreasing the cost of doing business; then, either
party shall have the right to provide written notice to the other party of such change and both parties agree to renegotiate in good faith the financial and/or service terms of this Agreement. If the parties are unsuccessful in renegotiating
mutually satisfactory terms within 30 days of such material change, and the Dispute Resolution Procedure has been applied, then either party shall have the right (but not the obligation) to terminate this Agreement at any time thereafter upon at
least sixty (60) days’ advance written notice. Following such termination, the parties shall co-operate fully to ensure that termination assistance and run-off services are provided to HR at a cost and for a period which is reasonable in the
light of the material change in circumstances in accordance with Clauses 9.6 and/or 9.7 as the case may be. 

  

	 	9.4	Both parties shall have an obligation to take such steps as may be reasonably necessary to minimize damages to the parties on termination, including, but not limited to, minimising
all contractual obligations that but for the existence of this Agreement, neither party would have entered into. 

  

	 	9.5	Subject always to Clauses, 8.3, 9.6 and 9.7, and without prejudice to each party’s accrued rights and obligations, upon termination of this Agreement for any reason, the
parties’ further obligations hereunder will immediately cease. 

  

	 	9.6	In the event of termination of this Agreement by ETRX, ETRX will work together with HR or a designated third party to identify the information, materials and resources HR is
entitled to receive and to develop an overall plan for run-off of the Services and transitioning such items to HR in accordance with the following provisions (collectively, “Termination Assistance”). The terms of this Agreement as they
relate to Termination Assistance shall remain in effect until ETRX has completed its Termination Assistance. ETRX will provide the Termination Assistance, described in this Clause 9.6 for a period of no less than * per HR’s written request,
except as provided in this Clause. ETRX’s obligation to provide Termination Assistance will be conditioned upon HR paying to ETRX all outstanding invoices prior to the commencement of any Termination Assistance and will be conditioned upon HR
continuing to pay when due any and all fees due hereunder during the Termination Assistance period. HR shall pay ETRX standard hourly rates and reasonable expenses for any Termination Assistance provided by ETRX. This fee is in addition to any other
payments required under this Agreement. Notwithstanding the termination or expiration of this Agreement, the terms and conditions of this Agreement will apply to all services provided by ETRX during such period. If HR requests Termination Assistance
beyond the available capacity of the ETRX on-site staff, such request will be treated as a request for additional services and HR will pay the agreed upon charge for such additional services. The provision of this Clause will survive the expiration
or termination of this Agreement for any reason. 

  

	 	9.7	 During the Term, HR and ETRX will jointly develop a plan (the “Transition Plan”) that will address the orderly transition and migration to HR (or a
designated third party) from ETRX all of the Services then being performed or managed by ETRX under this Agreement upon expiration of this Agreement or termination of this Agreement by HR (“Termination Transition”). The Transition Plan
will set forth the tasks to be 

  

 15 
  
 *        CONFIDENTIAL TREATMENT REQUESTED 

	 	 
performed by HR and ETRX, the time for completing such tasks and the criteria for declaring the transition “completed”. The parties and their
employees and agents will co-operate in good faith to execute the plan and each party agrees to perform those tasks assigned to it in the Transition Plan. The parties will work together in good faith to direct the execution of the Transition Plan.
The terms of this Agreement as they relate to the Termination Transition shall remain in effect until the parties have completed the Termination Transition. The Transition Plan will include the following tasks and such other tasks as may be agreed
upon by HR and ETRX: 

  

	 	9.7.1	Subject to Clauses 3 and 11, providing HR access to necessary data files and programs, certain non-proprietary operational procedures and data and documentation in ETRX’s
possession related to the Services; 

  

	 	9.7.2	Each party returning to the other all of that other party’s confidential and proprietary information and other property in the first-mentioned party’s possession, except
for one copy which it may retain, subject to its confidentiality obligations, for internal record keeping purposes and for compliance with applicable professional standards; and 

  

	 	9.7.3	Returning all HR data and documentation. ETRX will deliver to HR all HR data (including Customer Data) in a format application for use by HR and will seek to minimise the amount of
manual data entry or re-keying necessary in connection with the transfer of such data to HR. If HR requires a format which, in the reasonable good faith opinion of ETRX, is more costly and/or complex than other reasonably acceptable and commercially
available alternative formats, ETRX may charge HR and HR will pay the costs directly arising from the use of such format. 

  

	 	9.8	Such provisions of this Agreement as are required to survive its termination or expiry in order to give full force and effect to the rights and obligations of the parties hereunder
shall be deemed to so survive. 

  

	 	9.9	Termination of this Agreement does not constitute either party’s exclusive remedy for breach or non-performance by the other party and each party is entitled to seek all other
available remedies, both legal and equitable, including injunctive relief. 

  

	 	9.10	* 

  

	10.	NON-SOLICITATION 

  

	 	10.1	During the Term, and except as provided in the Purchase and Termination Agreement of even date to which ETRX and HR are both parties, neither party shall employ, solicit or make any
offers to employ any employees used by the other in connection with the performance of the Services, without the prior written consent of the other, which consent shall not be unreasonably withheld. The non-breaching party shall be entitled, in
addition 

  

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 *        CONFIDENTIAL TREATMENT REQUESTED 

	 	 
to any other remedies it may have at law or in equity, to a payment from the party in breach of this Clause in an amount equal to three months’ salary
of any employee that party employs, solicits or offers to employ in breach of this Clause. 

  

	11.	CONFIDENTIALITY 

  

	 	11.1	During the course of this Agreement a party (the “Receiving Party”) may come into possession of technology, computer software, documentation, trade secrets,
products, copyrights or other confidential and proprietary information (“Confidential Information”) of the other (the “Disclosing Party”). 

  

	 	11.2	The Receiving Party: 

  

	 	11.2.1	may not use Confidential Information for a purpose other than the performance of its obligations under this Agreement; 

  

	 	11.2.2	may not disclose Confidential Information to a person except with the prior written consent of the Disclosing Party or in accordance with Clauses 11.3 and 11.4; and

  

	 	11.2.3	shall make commercially reasonable efforts to prevent the use or disclosure of Confidential Information. 

  

	 	11.3	The Receiving Party may disclose Confidential Information to any of its Group members, directors, other officers, employees and sub-contractors (a “Recipient”) to
the extent that disclosure is desirable for the purposes of this Agreement. 

  

	 	11.4	The Receiving Party shall ensure that a Recipient is made aware of and complies with the Receiving Party’s obligations of confidentiality under this Agreement as if the
Recipient was a party to this Agreement. The Receiving Party shall be liable for any and all acts or omissions of its Recipient which violate the Receiving Party’s obligations of confidentiality hereunder. 

  

	 	11.5	Clauses 11.2 to 11.4 do not apply to Confidential Information which: 

  

	 	11.5.1	 is at the date of this Agreement, or at any time after that date becomes, publicly known other than by the Receiving Party’s or Recipient’s breach of this Agreement;

  

	 	11.5.2	 can be shown by the Receiving Party to the Disclosing Party’s reasonable satisfaction to have been known by the Receiving Party before disclosure by the Disclosing Party
to the Receiving Party; 

  

	 	11.5.3	 was developed by the Receiving Party or another member of its Group independently from and without reference to the Confidential Information of the Disclosing Party or any
member(s) of its Group; or 

  

	 	11.5.4	 is required to be disclosed by law or any regulatory authority. 

  

 17 

	 	11.6	The Receiving Party’s obligation with respect to the Confidential Information of the Disclosing Party shall survive the termination or expiry of this Agreement, and Clause 6.2
shall not apply to breaches of this Clause 11. 

  

	12.	NON-COMPETITION 

  

	 	12.1	During the Term, HR covenants for itself and its Group members that in providing travel management services to Customers, it will use its best commercial endeavours to use the
Software via the Service Bureau(x) to the exclusion of materially competing software products, provided always that HR shall not be, nor shall it be deemed to be, in breach of this Clause 12.1, and HR and its Group members shall be free to use and
sell their own and/or any third party software products and services (“Non-ETRX Products”), in either case, when providing such travel management services: 

  

	 	12.1.1	 where an existing or prospective client of HR or any HR Group member specifically requests in writing that one or more Non-ETRX Products be used for the servicing of some or
all of its account, provided always that such a request shall relieve HR of its obligations hereunder only in respect of the client in question; or 

  

	 	12.1.2	 by using and/or permitting the use of Non-ETRX Products which on the date of implementation are of a higher quality or a lower price or better functionality or performance
than their ETRX equivalent(s); or 

  

	 	12.1.3	 when carrying on, alone or jointly, directly or indirectly, any business which it carried on at February 18, 2000 or at any time in the twelve months preceding February 18,
2000; or 

  

	 	12.1.4	 when holding less than ten per cent of any class of shares or debentures of any company listed on any recognised stock exchange which competes directly or indirectly with the
business of ETRX or TRX; or 

  

	 	12.1.5	 when Clauses 2.5, 5.6, 6.5 or 7.3 of the Development Agreement have been applied (to the extent that any of them have been has been applied). 

  

	 	12.2	 HR covenants for itself and its Group members that if during the Term it or its Group members purchases any entity which: (a) owns Non-ETRX Products and those Non-
ETRX Products would be regarded by an independent and objective third party with detailed knowledge of the corporate travel industry as being materially competitive with the Software (“Competitive Products”); and/or (b) uses Non-ETRX
Products, then, for the remainder of the Term (but subject always to Clauses 12.1.1 and 12.1.2) that entity will only use such Competitive Products and/or Non-ETRX Products (as the case may be) to continue to service clients who were using them as
at the date of the purchase or who, at that date, had agreed with that entity to commence use/implementation of them. Clause 12.1 will apply to all new clients of that entity after the date of the purchase. Notwithstanding the foregoing, the parties
acknowledge and agree that in the event HR or its Group members purchase an entity which is contractually obligated to a third party to achieve a specific volume of transactions and/or level of revenues and/or use Competitive Products and/or
Non-ETRX Products, such entity shall be entitled to continue to honor such commitment for the term of such contract as such term exists on the date of the purchase of such entity; provided, however that HR covenants that such entity and/or HR

  

 18 

	 	 
and/or its Group members shall not renew any such contractual volume commitment(s) unless such third party is contractually and unilaterally entitled to do
so. 

  

	 	12.3	ETRX agrees on its own behalf and on behalf of the other TRX Group members that, during the Term, they shall not directly sell or license Services or directly license Software to
any of HR’s Customers and any of HR Group member’s Customers without the prior written consent of HR; provided, however, that this Clause 12.3 shall not apply to the extent that that the provisions of Clauses 12.1 and 12.2 are no longer in
effect with respect to such Customer or with respect to the particular Service or Software ETRX desires to sell or license. 

  

	 	12.4	For the avoidance of doubt, and notwithstanding any other provision(s) of this Agreement: 

  

	 	12.4.1	the provisions of this Clause 12 shall cease to apply upon the earlier of: (i) the earlier of the date upon which negotiations pursuant to Clause 8.1 cease in accordance with the
provisions of that Clause and no extension has been agreed, and the date upon which the parties mutually agree that there will be no extension of this Agreement; or (ii) on the expiry or termination of this Agreement however arising, and shall not
survive any such expiry or termination; and 

  

	 	12.4.2	HR’s obligations under this Clause 12 apply only to the Software as utilised in the Service Bureau(x), and do not apply to any other products or services of ETRX or any other
member(s) of the TRX Group including the data consolidation and aggregation services of TRX’s TRX Data Services division. 

  

	13.	JOINT OVERSIGHT COMMITTEE 

  

	 	13.1	JOC Procedures. The following representatives will comprise a joint oversight committee (the “JOC”) which will meet at least quarterly. The functions of such
committee, among other things, will be to carry out its obligations as expressed throughout this Agreement, to provide Product and Services direction, review and analyze changes in the market, prioritize resources to improve performance of the
parties’ obligations hereunder, review and analyze the performance of the parties, and to review recommendations and suggestions to enhance the performance of the Services. 

  

					
	ETRX Designees(2):	  	*	  	 
			
	HR Designees (2):	  	*	  	 

  

	 	13.2	If a JOC Member resigns or leaves its employer or for any other reason ceases to be a JOC Member, the party with a vacancy will promptly appoint a replacement.

  

	 	13.3	JOC Procedures. All actions of the JOC will be subject to the following process. An equal number of appointed representatives from each party must be in attendance for the
JOC to conduct a meeting. 

  

	 	13.3.1	Each party hereby appoints the following individual as its Management Representative for purposes of this Agreement: 

  
 ETRX: * 
  

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 *        CONFIDENTIAL TREATMENT REQUESTED 

 HR: * 
  

	 	13.3.2	 Thirty (30) days prior to replacing its Management Representative, HR or ETRX, as the case may be, shall notify the other in writing identifying its proposed replacement.

  

	 	13.4	Report Contents. ETRX will prepare (i) a listing of key Service activities, and (ii) definitions of measurements of qualitative and quantitative service performance levels
for each such key Service activity including as detailed in the SLA (“Service Performance Levels”), and will submit such listings and definitions to the JOC for approval. The Service Performance Levels will be used to measure
HR’s and ETRX’s performance of their responsibilities under this Agreement. 

  

	 	13.5	Service Performance Reports. ETRX will deliver to the JOC for each calendar quarter (within thirty (30) days of the end of such quarter), commencing with the calendar quarter
beginning January 1, 2004, service performance reports (“Service Performance Reports”) that identify, for each JOC approved key Service activity, the Service Performance Level for that activity. The JOC will review the parties’
performance during the relevant time period (including but not limited to the information, contained in the Service Performance Reports), and will provide feedback to both ETRX and HR regarding the performance of their respective responsibilities
under this Agreement. The JOC will also periodically review the definitions and measurements used in the Service Performance Reports and revise them as necessary to reflect the most appropriate measures of ETRX and HR performance.

  

	14.	GOVERNING LAW AND DISPUTE RESOLUTION 

  

	 	14.1	This Agreement is governed by and shall be construed in accordance with English law. 

  

	 	14.2	Initial Procedures. The parties shall make all reasonable efforts to resolve all disputes without resorting to litigation. If a dispute arises between the parties, the
Managing Director of ETRX and the Program Director of HR will attempt to reach an amicable resolution. If either of them reasonably determines that an amicable resolution cannot be reached, they shall submit such dispute in writing (a “Dispute
Notice”) to the CEO of TRX Inc and the Business Technology Director of HR (the “Management Representatives”), who shall use their best efforts to resolve it or to negotiate an appropriate modification or amendment.

  

	 	14.3	Escalation. Except as otherwise provided in this Agreement (including Clause 9.2.6), neither party shall be permitted to bring proceedings against the other (save for
injunctive relief) until the earlier of (i) the date the Management Representatives conclude in good faith that an amicable resolution of the dispute through continued negotiation is unlikely, or (ii) sixty days from the date of submission of a
Dispute Notice by either party. 

  

	 	14.4	The courts of England and Wales have exclusive jurisdiction to hear and decide any suit, action or proceedings, and to settle any disputes, which may arise out of or in connection
with this Agreement (respectively, “Proceedings” and “Disputes”) and, for these purposes, each party irrevocably submits to the jurisdiction of the courts of England and Wales. 

  

 20 
  
 *        CONFIDENTIAL TREATMENT REQUESTED 

	 	14.5	Each party irrevocably waives any objection which it might at any time have to the courts of England and Wales being nominated as the forum to hear and decide any Proceedings and to
settle any Disputes and agrees not to claim that the courts of England and Wales are not a convenient or appropriate forum. 

  

	15.	GENERAL 

  

	 	15.1	This Agreement, including the Schedules hereof and the Exhibits attached hereto, as well as the Development Agreement represents the entire understanding and agreement between the
parties relating to the subject matter, and supersedes any and all previous discussions and communications. No employee or agent of ETRX nor any distributor is authorized to make any additional representations or warranties related to the services
provided hereunder or the Software. Any subsequent amendments and/or additions hereto are effective only if in writing and signed by both parties. 

  

	 	15.2	All media releases, public announcements and public disclosures by either party relating to this Agreement, but not including any disclosure required by legal, accounting or
regulatory requirements, shall be approved by both parties prior to such release. 

  

	 	15.3	Neither party may assign, delegate or sub-contract its rights or obligations under this Agreement without the prior written consent of the other, save that a party shall not
unreasonably withhold its consent to the assignment, delegation or sub-contracting by the other of its rights and/or obligations to a parent company or majority-owned subsidiary of that party, provided that: (a) it is satisfied that such
parent/subsidiary has the financial and other resources in order properly to perform that party’s obligations hereunder; and (b) the party so assigning, delegating or sub-contracting remains primarily liable to the other party for the proper
performance of the first-mentioned party’s obligations under this Agreement. Subject to the foregoing limitation on assignment, this Agreement is binding upon and inures to the benefit of the successors and assigns of the respective parties
hereto. 

  

	 	15.4	ETRX acknowledges that HR is entering into this agreement on its own behalf and also on behalf of and for the benefit of the HR Group, and HR and the HR Group shall accordingly: (a)
have the benefit of and shall be entitled to enforce all rights granted to HR under this Agreement; and (b) be invoiced directly by ETRX (or such other ETRX- nominated entity as HR may approve in writing, such approval not to be unreasonably
withheld) for all Services and other products and services provided to them hereunder. 

  

	 	15.5	The failure of either party at any time to require performance by the other party of any provision hereof is not to affect in any way the full rights of such party to require such
performance at any time thereafter, nor is the waiver by either party of a breach of any provision hereof to be taken or held to be a waiver of the provision itself or any future breach. All waivers must be given in writing by the waiving party to
be effective. 

  

	 	15.6	The parties hereto are independent contractors, and nothing in this Agreement is to be construed to create a partnership, joint venture, or agency relationship between ETRX and HR.

  

	 	15.7	 If any provision of this Agreement is found to be prohibited by or invalid under applicable law, such provision shall be ineffective to the extent of such
prohibition or 

  

 21 

	 	 
invalidity, without invalidating the remainder of such provision or the remaining provisions of this Agreement which shall remain in force.

  

	 	15.7.1	     

  

	16.	COUNTERPARTS 

  

	 	16.1	This Agreement may be executed in any number of counterparts, which shall together constitute one Agreement. 

  

	17.	NOTICES 

  

	 	17.1	Any notice or other communication required to be given under this Agreement or in connection with the matters contemplated by it shall, except where otherwise specifically provided,
be in writing in the English language and shall be addressed as provided in this clause and may be: 

  

	 	17.1.1	personally delivered, in which case it shall be deemed to have been given upon delivery at the relevant address; or 

  

	 	17.1.2	sent to the relevant address by prepaid registered mail with advance telefax, in which case it shall be deemed to have been given 2 business days after the date of posting (business
days meaning any day on which commercial banks in London are fully open for business). 

  

	 	17.2	The addresses and other details of the parties referred to in this clause are, subject to notification of change, as below: 

  

			
	Name:	  	Hogg Robinson
		
	For the attention of:	  	The Company Secretary
		
	Address:	  	 Global House,
 Victoria Street,
 Basingstoke,
 Hampshire,
 RG21 3BT

		
	Fax number:	  	01256 325229
		
	Name:	  	e-TRX Limited
		
	For the attention of:	  	Managing Director
		
	Address:	  	 Sutherland House
 Russell Way
 Crawley
 West Sussex RH 10 1UH

		
	with a copy to:	  	 

  

 22 

			
		
	 Name:
	  	TRX, Inc. (on behalf of any and all of the TRX Party)
		
	 For the attention of:
	  	President with a copy to Ralph Manaker (General Counsel and Executive VP)
		
	 Address:
	  	 6 West Druid Hills Drive
 Atlanta, Georgia
30329
 U.S.A.

		
	 Fax number:
	  	001 404 814 2967

  
 Either party may change its address
for the purpose of this Clause by giving the other party written notice of its new address in the manner set forth above. 
  

 23 

									
	e-TRX Limited	 	 	 	Hogg Robinson plc
					
	 Signed:
	 	 /s/ Ralph Manaker
	 	 	 	 Signed:
	 	 

  

 23 

 IN WITNESS WHEREOF, the undersigned duly authorized representatives of the parties hereto have made and entered
into this Agreement. 
  

									
	e-TRX Limited	 	 	 	Hogg Robinson plc
					
	 Signed:
	 	 	 	 	 	 Signed:
	 	 /s/ Hogg Robinson plc 

  

 24 

 SCHEDULE 1 
  
 SOFTWARE AND SERVICES 
  
 The Software to be used for the provision of the Services is a follows: * 
  
  

 25 
  
 *        CONFIDENTIAL TREATMENT REQUESTED 

 SCHEDULE 2 
  
 CHARGES 
  
 * 
  

 26 
  
 *        CONFIDENTIAL TREATMENT REQUESTED 

 SCHEDULE 3 
  

SERVICE LEVEL AGREEMENT 
  

	1.	General 

  
 * 
  

	2.	Points of Contact and Escalation 

  
 * 
  
  

 27 
  
 *        CONFIDENTIAL TREATMENT REQUESTED 

	 	2.3	Client Services Representative 

  
 * 
  

	 	2.4	Support Manager 

  
 * 
  

	 	2.5	Development Director 

  
 * 
  

	 	2.6	Vice President 

  

	 	2.6.1 	This is the TRX contact for the final resolution of unresolved support issues. 

  

	3.	Error Definition and Response Times 

  
 * 
  

 28 
  
 *        CONFIDENTIAL TREATMENT REQUESTED 

	 	3.3	Severity Level Three 

  
 * 
  

	 	3.4	Severity Level Four 

  
 * 
  

	 	3.5	Transaction Processing 

  
 * 
  

 29 
  
 *        CONFIDENTIAL TREATMENT REQUESTED 

 TRX INC GUARANTEE 
  
 In consideration of HR entering into the above Amended and Restated Service Bureau Software Services Agreement, TRX, Inc. hereby irrevocably
and unconditionally guarantees and agrees to: (a) perform and discharge and/or procure the performance and discharge in full and when due of all liabilities and obligations of ETRX arising under or pursuant to the above agreement; and (b) procure
the grant of, or grant, in full and when due all rights and licences to be granted or procured by ETRX under or pursuant to the above agreement. 
  

			
	TRX, Inc.
		
	By:	 	/s/ Ralph Manaker
	Name:	 	Ralph Manaker
	Its:	 	Executive Vice President and General Counsel
	
	Dated: 1st January 2004

  

 30Amended and Restated Software Support Agreement

 Exhibit 10.42 
  
 Execution Copy 
  
 e-TRX LIMITED 
  
 AND 
  
 HOGG
ROBINSON PLC 
  

  
 AMENDED AND RESTATED SOFTWARE SUPPORT 
 AGREEMENT 
  

 CONTENTS 
  

			
	 Clause

	  	Page

	 1.      Definitions
	  	1
		
	 2.      Software Maintenance And Support Services
	  	2
		
	 3.      Exclusions
	  	4
		
	 4.      Responsibilities Of HR
	  	5
		
	 5.      Fees And Payment Terms
	  	6
		
	 6.      Warranties And Limitation Of Liability
	  	7
		
	 7.      Force Majeure
	  	8
		
	 8.      Term And Termination
	  	8
		
	 9.      Confidentiality
	  	9
		
	 10.    Joint Oversight Committee
	  	10
		
	 11.    Dispute Resolution
	  	10
		
	 12.    General
	  	11
		
	 SCHEDULE 1
	  	14
		
	 SCHEDULE 2
	  	15

 THE AMENDED AND RESTATED SOFTWARE SUPPORT AGREEMENT, is made effective as of January 1st 2004 
  
 BETWEEN 
  

	(1)	e-TRX LIMITED, a company incorporated in England and Wales under number 3841799, having its registered office at Sutherland House, Russell Way, Crawley RH10
1UH(“ETRX”); and 

  

	(2)	HOGG ROBINSON plc , a company incorporated in England and Wales under number 756582 whose registered office is at Abbey House, 282 Farnborough Road, Farnborough, Hampshire,
GU14 7NJ (“HR”) 

  
 WHEREAS 
  
 Pursuant to the Amended and Restated Software Licence as defined below, ETRX has granted to
HR the right and licence to use certain software programs and related user documentation. 
  
 Under this Agreement which amends and restates (but does not terminate) the Software Support Agreement between the parties dated February 18th 2000, ETRX agrees to provide on-going support for certain of the software products licensed under the Amended and Restated Software Licence, subject to the
terms and conditions hereinafter provided. 
  

	1.	DEFINITIONS 

  
 In this Agreement: 
  

	1.1	Amended and Restated Software Licence means the sub-licence by ETRX of one or more Products to HR; 

  

	1.2	Effective Date means 1st January 2004; 

  

	1.3	Enhancement means changes to the Product that provide additional features and/or functionality, expanding the capabilities of the Product, or which so significantly expand a
function as to be considered a new function; 

  

	1.4	Group means, in relation to a company, that company and each subsidiary of the company and its subsidiaries for the time being; 

  

	1.5	Improvements means new functionality that addresses areas that were not covered in the Initial Software Release for the Product, or which so significantly expand a function
as to be considered a new function; 

  

	1.6	Modification means changes to the Product that affect existing functionality. Normally this includes streamlining processes, revising screens for clarity, etc;

  

	1.7	Product means the software product known as Highlighter which is licensed to the HR under the Amended and Restated Software Licence; 

  

	1.8	Services means the services to be provided by ETRX to HR under this Agreement; 

  

	1.9	Site means the location(s) of HR where Software is installed; 

  

 - 1 - 

	1.10	Software means, collectively, all of the Software Releases provided by ETRX from time to time, with respect to the Product(s); 

  

	1.11	Software Release means a complete or partial delivery of one or more Products. Normally on magnetic media, but may be transmitted electronically, as agreed between the
parties. There are several kinds of Software Releases as listed below: 

  

	 	1.11.1 	Initial Software Release means the initial delivery of the Product(s) licensed from Technology Licensing Company LLC; 

  

	 	1.11.2 	Upgrade Release (Upgrade) means changes to the Product delivered after the Initial Software Release. 

  

	 	1.11.3 	Corrective Release (Fix) means changes to the Product delivered to correct a bug that impairs the normal operation of the Product. May be included as part of an Upgrade
Release, or covered under a support agreement; 

  

	1.12	Value Added Tax means value added tax as provided for in the Value Added Tax Act 1994 and any other tax of a similar fiscal nature whether imposed in the United Kingdom
(instead of or in addition to value added tax) or elsewhere; 

  

	1.13	In this Agreement, a reference to: 

  

	 	1.13.1 	a statutory provision includes a reference to the statutory provision as modified or re-enacted or both from time to time before/whether before or after the date of this Agreement
and any subordinate legislation made or other thing done under the statutory provisions before/whether before or after the date of this Agreement; 

  

	 	1.13.2 	a document is a reference to that document as modified from time to time; 

  

	 	1.13.3 	a person includes a reference to a government, state, state agency, corporation, body corporate, association or partnership; 

  

	 	1.13.4 	a person includes a reference to that person’s legal personal representatives, successors and permitted assigns; 

  

	 	1.13.5 	the singular includes the plural and vice versa unless the context otherwise requires; 

  

	 	1.13.6 	a clause or schedule, unless the context otherwise requires, is a reference to a clause of a schedule to this Agreement. 

  

	 	1.13.7 	“includes”, “including” and similar terms, means “includes but is not limited to”. 

  

	1.14	The headings in this Agreement do not affect its interpretation. 

  

	2.	SOFTWARE MAINTENANCE AND SUPPORT SERVICES 

  

	2.1	 Services Provided: During the Term, ETRX will provide the following maintenance and support services to HR, and by prior written agreement
between the parties to HR’s 

  

 - 2 - 

	 	 
customers, for the Software between the hours of *. 

  
 TELEPHONE SUPPORT: ETRX will provide reasonable consultation and support by telephone in response to inquiries from
HR, and HR’s customers by prior written agreement between the parties hereto, regarding the operation of the Software, including both technical and user issues, and consultation on how to use the Software to meet particular needs. Telephone
support by ETRX is however not intended to be a substitute for reviewing the related user and technical documentation. ETRX reserves the right to limit HR’s access to telephone support in the event the personnel requesting such support are not
of reasonable knowledge and experience in the circumstances. * 
  
 SOFTWARE RELEASES: During the term of this Agreement: * 
  
 All Software Releases, Modifications, Enhancements and Improvements furnished under this Agreement shall be subject to the licence and restrictions set forth in the Amended and Restated Software Licence. HR
acknowledges that, save as provided for in the Amended and Restated Software Development Agreement between the parties of such date herein, ownership of all Software Releases, Modifications, Enhancements and Improvements furnished under this
Agreement and of the intellectual property rights therein remains vested in ETRX or its licensor, and HR shall not acquire any further rights than are conferred on it in the Amended and Restated Software Licence. 
  
 ERROR CORRECTION: In the event HR encounters an error, bug or
malfunction in the Software, HR shall promptly provide written notice to ETRX, describing the problem and indicating the severity of same. ETRX shall verify the cause of the problem, and if it is not the result of any excluded cause listed herein,
ETRX’s sole obligation shall be to use commercially reasonable efforts to correct 

  

 - 3 - 
  
 *        CONFIDENTIAL TREATMENT REQUESTED 

 
the reported problem within a commercially reasonable period of time. ETRX MAKES NO REPRESENTATION OR WARRANTY THAT ALL BUGS, ERRORS OR MALFUNCTIONS CAN BE
CORRECTED, NOR THAT THE SOFTWARE WILL OPERATE ERROR FREE. 
  

	2.2	On-Site Support: ETRX shall provide on-site support pursuant to this Agreement only by prior written agreement between the parties. ETRX may agree to
provide on site support pursuant to this Agreement to HR customers. If the parties agree that ETRX shall provide such on-site support, either to HR or HR’s customers, HR shall bear all of ETRX’s out-of-pocket expenses for travel, lodging,
meals, etc. 

  

	2.3	Additional Support Hours: Maintenance and support services provided other than between the hours specified in Clause 2.1 above are not covered under this Agreement
and, if such services are requested by HR and made available by ETRX, they will be provided at an additional cost to HR, at the rates set forth in Schedule 2. 

  

	2.4	Other Services: ETRX can provide other training and consultation services. Any such services shall be performed under a separate agreement, if any, negotiated by the
parties. 

  

	2.5	ETRX Representatives. ETRX shall appoint two ETRX Representatives (as set out at Schedule 1) who will be the contact persons through which all support and/or problem
communications will be made. ETRX may, from time to time, change one or both of the designated Representatives, which change shall be effective only upon HR’s receipt of written notice thereof. There shall be two ETRX Representatives unless
otherwise agreed in writing between the parties. 

  

	3.	EXCLUSIONS 

  

	3.1	Current Releases: ETRX’s obligation to provide support and maintenance services extends only to the then-current and the immediately preceding Software Release
for the Product. 

  

	3.2	Hardware: This Agreement does not cover the maintenance and/or service of accessories, attachments, machines, or other devices, or any computer hardware used by HR.
Problems to the extent that they are due to (i) computers, hardware parts, replacements, additions, accessories and attachments, used to operate the Software or operation of the Software under adverse environmental or electrical conditions; (ii)
attempts by persons other than ETRX employees or representatives to repair, maintain or modify the Software, unless approved by ETRX; or (iii) any other cause wholly outside the control of ETRX; are excluded from ETRX’s obligations and
responsibilities under this Agreement. If the Amended and Restated Software Licence limits HR’s use of the Software to a particular computer or computers, ETRX shall not be obliged to provide support for Software operated on other computers or
equipment. 

  

	3.3	Causes of Damage: Causes of damage to the Software excluded from ETRX’s obligations and responsibilities under this Agreement include, but are not limited to, the
following: 

  

	 	(a)	Damage due to operation above ninety (90) degrees Fahrenheit for any period of time. 

  

 - 4 - 

	 	(b)	Any physical damage to the Software, including, without limitation, components dropped and liquids spilled on or into components or media. 

  

	 	(c)	Damages due to momentary excessive voltage surges or operation of the Software at excessive voltage levels. 

  

	 	(d)	Damage due to lightning strikes. 

  

	 	(e)	Damage due to any changes or alterations made to the Software by anyone other than employees or representatives of ETRX, unless such changes were authorised in writing or electronic
mail by ETRX. 

  

	 	(f)	Damages due to use of the Software in any manner not contemplated in the Amended and Restated Software Licence, or failure to use the Software in accordance with any instructions
provided by ETRX or in the Software’s documentation. 

  
 If the Software is damaged by any cause excluded under this Agreement, including failure to comply with any of the terms and conditions of this Agreement or the Amended and Restated Software Licence, ETRX may, but
will have no obligation to, perform support services at the current support rate. 
  

	4.	RESPONSIBILITIES OF HR 

  

	4.1	General: Through the initial and any renewal term(s) of this Agreement, and as a condition of ETRX’S obligation to provide Services under this
Agreement, HR agrees that it will: 

  

	 	4.1.1	 Provide all information reasonably requested by ETRX to assist in identifying and solving reported errors. 

  

	 	4.1.2	 Ensure that appropriate environmental conditions are maintained for the Software including all Releases. 

  

	 	4.1.3 	Follow, in all material respects, all of ETRX’s installation, operation and maintenance instructions, including the installation of all Software Releases and ensure that the
Software, including all Software Releases, is operated in a proper manner by its employees. 

  

	 	4.1.4	 Provide ETRX personnel all necessary access (including remote access via modem) to the Software and all related equipment and components during reasonable business hours or in
the case of emergency or out-of-hours downtime outside reasonable business hours, and provide adequate communications facilities to enable ETRX to perform its maintenance and support services hereunder. 

  

	 	4.1.5 	 Designate two HR Representatives (as set out at Schedule 1) who will be the contact persons through which all support and/or problem communications will be made. HR
may, from time to time, change one or both of the designated Representatives, which change shall be effective only upon ETRX’s receipt of written notice thereof. There shall be two HR Representatives unless otherwise 

  

 - 5 - 

	 	 
agreed in writing between the parties. HR shall ensure that any appointed HR Representative is knowledgeable in the operation and use of the Product(s), and
with all operating system(s) and hardware installed at the HR Site. 

  

	 	4.1.6 	Notify ETRX of any potential safety or health hazards that may exist at HR’s facilities and of any safety procedures to be followed there. 

  

	 	4.1.7 	Prior to the commencement of any services by ETRX hereunder, including the installation of any Release, Modifications, Enhancements, Improvements, Upgrade or Fix, HR will perform a
complete backup of all programs and data stored on each computer on which the Software is installed and the backup copies of such programs and data shall be stored on external media. 

  

	4.2	Where upon the agreement of the parties hereto services are to be provided directly by ETRX to HR’s customers, on behalf of HR, HR shall use reasonable endeavours to ensure
that its customers comply with the obligations on HR set out in this Clause 4. 

  

	4.3	Communication Costs: ETRX will bear a reasonable degree of communications costs in connection with its obligations hereunder. Should ETRX’s
proven costs in communicating with HR exceed * in any given month, then HR agrees to pay any amount in excess of this * limit unless such amount is escalated to the JOC in accordance with the escalation provisions herein.

  

	5.	FEES AND PAYMENT TERMS 

  

	5.1	* 

  

	5.2	Taxes: The Annual Fee does not include any charge for Value Added Tax and ETRX is solely responsible for paying any and all Value Added Tax arising in
connection with the Services. 

  

	5.3	Both parties agree to take all reasonable steps to minimize taxes, which might be assessed on either party based on the parties’ performance hereunder.

  

	5.4	 Billing Payment: * 

  

 - 6 - 
  
 *        CONFIDENTIAL TREATMENT REQUESTED 

	5.5	In the event that any payments hereunder become due and payable by one party (the “Owing Party”) at a time when there is a bona fide claim (ie a disputed or overdue
payment as opposed to a sum owing in the normal course) against the other party (the “Owed Party”) by the Owing Party, the Owing Party shall be entitled to pay any such sum into a joint interest-bearing deposit account in the joint names
of Owing Party’s solicitors and the Owed Party’s solicitors (the “Escrow Account”) pending resolution of such claim in accordance with the Dispute Resolution Procedure. Upon resolution of such claim the Owed Party shall be
entitled to payment from the Escrow Account of an amount which does not exceed the amount due to it from the Owing Party in relation to the resolved claim, with the balance standing to the credit of the Escrow Account being payable to the Owing
Party. Interest accrued in the Escrow Account shall be apportioned pro rata between the payments made out of the Escrow Account as referred to above. 

  

	6.	WARRANTIES AND LIMITATION OF LIABILITY 

  

	6.1	ETRX warrants to HR that its services will be provided with reasonable skill and care. 

  

	6.2	THE FOREGOING, IS THE SOLE AND EXCLUSIVE WARRANTY MADE BY ETRX HEREUNDER, ALL OTHER WARRANTIES, WHETHER EXPRESS OR IMPLIED AND INCLUDING ANY WARRANTY OF MERCHANTABILITY,
SATISFACTORY QUALITY OR FITNESS FOR A PARTICULAR PURPOSE, BEING HEREBY FULLY DISCLAIMED. 

  

	6.3	EXCEPT AS OTHERWISE EXPRESSLY PROVIDED IN THIS AGREEMENT, NEITHER PARTY WILL BE LIABLE TO THE OTHER FOR ANY SPECIAL, INDIRECT OR CONSEQUENTIAL DAMAGES ARISING OUT OF THIS AGREEMENT
OR THE BREACH THEREOF, OR ARISING OUT OF HR’S POSSESSION OF, USE OF OR INABILITY TO USE THE SOFTWARE. ETRX WILL NOT BE LIABLE DIRECTLY TO ANY THIRD PARTY FOR ANY CLAIM AGAINST HR BY THAT THIRD PARTY. 

  

	6.4	 SUBJECT TO CLAUSE 9.6, IN NO EVENT WILL EITHER PARTY’S LIABILITY FOR ANY DAMAGES OR INJURIES TO HR EVER EXCEED *, REGARDLESS OF THE FORM OF ACTION, EVEN IF
THAT LOSS OR DAMAGE WAS REASONABLY FORESEEABLE OR EITHER PARTY WAS AWARE OF THE POSSIBILITY OF THAT LOSS OR DAMAGE ARISING, AND WHETHER SUCH DAMAGES ARE BASED IN CONTRACT, NEGLIGENCE, STRICT LIABILITY, TORT, PRODUCTS LIABILITY OR OTHERWISE, PROVIDED
THAT THE LIMITATIONS OF LIABILITY SET FORTH IN THIS 

  

 - 7 - 
  
 *        CONFIDENTIAL TREATMENT REQUESTED 

	 	 
CLAUSE SHALL NOT APPLY TO ANY LIABILITY ARISING FROM FRAUD OR ANY DEATH OR PERSONAL INJURY OCCURRING AS A RESULT OF NEGLIGENCE. 

 

	7.	FORCE MAJEURE 

  

	7.1	Provided that a party makes reasonable disaster recovery and business continuity arrangements, and in the case of ETRX, in accordance with the provisions and discharge of
responsibility for such disaster recovery and business continuity arrangements set forth in the Amended and Restated Service Bureau Software Services Agreement between the parties of even date herewith, if that party (the “Affected
Party”) is prevented, hindered or delayed from or in performing any of its obligations (other than the payment of monies) under this Agreement by a Force Majeure Event: 

  

	 	7.1.1	 the Affected Party’s obligations under this Agreement are suspended while the Force Majeure Event continues and to the extent that it is prevented, hindered or delayed;

  

	 	7.1.2	 as soon as reasonably possible after the start of the Force Majeure the Affected Party shall notify the other party in writing of the Force Majeure Event, the date on which
the Force Majeure Event started and the effects of the Force Majeure Event on its ability to perform its obligations under this Agreement; 

  

	 	7.1.3	 the Affected Party shall make all reasonable efforts to mitigate the effects of the Force Majeure Event on the performance of its obligations under this Agreement; and

  

	 	7.1.4	 as soon as reasonably possible after the end of the Force Majeure Event the Affected Party shall notify the other party in writing that the Force Majeure Event has ended and
resume performance of its obligations under this Agreement. 

  

	7.2	If the Force Majeure Event continues for more than three months starting on the day the Force Majeure Event starts, the non-Affected Party may terminate this Agreement by giving not
less than 30 days’ written notice to the Affected Party. 

  

	7.3	In Clause 7, “Force Majeure Event” means an event beyond the reasonable control of the Affected Party including, without limitation, act of God, war, riot, civil
commotion, malicious damage, compliance with a law or governmental order, rule, regulation or direction, accident or breakdown of plant or machinery which is not due to the negligence of the Affected Party, fire, flood and storm.

  

	8.	TERM AND TERMINATION 

  

	8.1	This Agreement is coterminous with the Amended and Restated Software Licence unless earlier terminated as provided for herein. 

  

	8.2	A party (the “Initiating Party”) may terminate this Agreement with immediate effect by written notice to the other party (the “Breaching Party”) on
or at any time after the occurrence of an event specified in Clause 8.3 in relation to the Breaching Party. 

  

 - 8 - 

	8.3	The events are: 

  

	 	8.3.1	 the Breaching Party being in material breach of an obligation under this Agreement and, if the breach is capable of remedy, failing to remedy the breach within 30 days
starting on the day after receipt of written notice from the Initiating Party giving details of the breach and requiring the Breaching Party to remedy the breach; 

  

	 	8.3.2	 the Breaching Party passing a resolution for its winding up or a court of competent jurisdiction making an order for the Breaching Party’s winding up or dissolution;

  

	 	8.3.3	 the making of an administration order in relation to the Breaching Party or the appointment of a receiver over, or an encumbrancer taking possession of or selling, an asset of
the Breaching Party; 

  

	 	8.3.4	 the Breaching Party making an arrangement or composition with its creditors generally or making an application to a court of competent jurisdiction for protection from its
creditors generally; 

  

	8.4	This Agreement shall automatically terminate upon the termination, cancellation or expiration of the Amended and Restated Software Licence. Upon the termination of this Agreement in
such circumstances, HR shall be entitled to receive a prorated proportion of *, unless the agreement has been terminated as a result of HR’s breach. 

  

	8.5	Such provisions of this Agreement as are required to survive its termination or expiry in order to give full force and effect to the rights and obligations of the parties hereunder
shall be deemed to so survive. 

  

	8.6	Upon any termination or expiration of this Agreement, all amounts then owed to ETRX shall become immediately due and payable and ETRX shall be entitled to retain all amounts
previously paid under this Agreement. HR shall return to ETRX all Confidential Information (as defined hereunder) and all other software, materials or documentation which are the property of ETRX or its licensor, and shall provide ETRX with written
confirmation that it has complied with the terms of this Clause. 

  

	9.	CONFIDENTIALITY 

  

	9.1	During the course of this Agreement a party (the “Receiving Party”) may come into possession of technology, computer software, documentation, trade secrets, products,
copyrights or other confidential and proprietary information (“Confidential Information”) of the other (the “Disclosing Party”). 

  

	9.2	The Receiving Party: 

  

	 	9.2.1	 may not use Confidential Information for a purpose other than the performance of its obligations under this Agreement; 

  

	 	9.2.2	 may not disclose Confidential Information to a person except with the prior written consent of the Disclosing Party or in accordance with Clauses 9.3 and 9.4; and

  

 - 9 - 
  
 *        CONFIDENTIAL TREATMENT REQUESTED 

	 	9.2.3	shall make commercially reasonable efforts to prevent the use or disclosure of Confidential Information. 

  

	9.3	The Receiving Party may disclose Confidential Information to any of its Group members, directors, other officers, employees and sub-contractors (a “Recipient”) to the
extent that disclosure is desirable for the purposes of this Agreement. 

  

	9.4	The Receiving Party shall ensure that a Recipient is made aware of and complies with the Receiving Party’s obligations of confidentiality under this Agreement as if the
Recipient was a party to this Agreement. The Receiving Party shall be liable for any and all acts or omissions of its Recipient which violate the Receiving Party’s obligations of confidentiality hereunder. 

  

	9.5	Clauses 9.2 to 9.4 do not apply to Confidential Information which: 

  

	 	9.5.1	 is at the date of this Agreement, or at any time after that date becomes, publicly known other than by the Receiving Party’s or Recipient’s breach of this Agreement;

  

	 	9.5.2	 can be shown by the Receiving Party to the Disclosing Party’s reasonable satisfaction to have been known by the Receiving Party before disclosure by the Disclosing Party
to the Receiving Party; 

  

	 	9.5.3	 was developed by the Receiving Party or another member of its Group independently from and without reference to the Confidential Information of the Disclosing Party or any
member(s) of its Group; or 

  

	 	9.5.4	 is required to be disclosed by law or any regulatory authority. 

  

	9.6	The Receiving Party’s obligation with respect to the Confidential Information of the Disclosing Party shall survive the termination or expiry of this Agreement, and Clause 7.4
shall not apply to breaches of this Clause 9. 

  

	10.	JOINT OVERSIGHT COMMITTEE 

  

	10.1	The parties will (except to the extent that the Dispute Resolution Procedure is applied) address all ongoing issues hereunder through the process detailed in Clause 13 of the
Amended and Restated Service Bureau Software Services Agreement. 

  

	11.	GOVERNING LAW AND DISPUTE RESOLUTION 

  

	11.1	This Agreement is governed by and shall be construed in accordance with English law. 

  

	11.2	Initial Procedures. The parties shall make all reasonable efforts to resolve all disputes without resorting to litigation. If a dispute arises between the parties, the
Managing Director of ETRX and the Program Director of HR will attempt to reach an amicable resolution. If either of them reasonably determines that an amicable resolution cannot be reached, they shall submit such dispute in writing (a “Dispute
Notice”) to the CEO of TRX Inc and the Business Technology Director of HR (the “Management Representatives”), who shall use their best efforts to resolve it or to negotiate an appropriate modification or amendment.

  

 - 10 - 

	11.3	Escalation. Except as otherwise provided in this Agreement, neither party shall be permitted to bring proceedings against the other (save for injunctive relief) until the
earlier of (i) the date the Management Representatives conclude in good faith that an amicable resolution of the dispute through continued negotiation is unlikely, or (ii) sixty days from the date of submission of a Dispute Notice by either
party. 

  

	11.4	The courts of England and Wales have exclusive jurisdiction to hear and decide any suit, action or proceedings, and to settle any disputes, which may arise out of or in connection
with this Agreement (respectively, “Proceedings” and “Disputes”) and, for these purposes, each party irrevocably submits to the jurisdiction of the courts of England and Wales. 

  

	11.5	Each party irrevocably waives any objection which it might at any time have to the courts of England and Wales being nominated as the forum to hear and decide any Proceedings and to
settle any Disputes and agrees not to claim that the courts of England and Wales are not a convenient or appropriate forum. 

  

	12.	GENERAL 

  

	12.1	This Agreement, together with the Schedules and any other exhibits attached hereto and referenced herein, and the Amended and Restated Software License Agreement contains the entire
agreement and understanding between the parties as to the subject matter hereof, and supersedes any and all previous agreements, understandings and communications, whether written or oral. Any subsequent amendments and/or additions hereto must be in
writing and signed by both parties. 

  

	12.2	Headings and paragraphs in this Agreement are inserted for convenience only, and are in no way intended to limit or define the scope and/or interpretation of this Agreement.

  

	12.3	Neither party may assign its rights under this Agreement without the prior written consent of the other. 

  

	12.4	If any provision of this Agreement is found to be prohibited by or invalid under applicable law, such provision shall be ineffective to the extent of such prohibition or invalidity,
without invalidating the remainder of such provision or the remaining provisions of this Agreement which shall remain in force. 

  

	12.5	No waiver of any provision of this Agreement shall be deemed, or shall constitute a waiver of any other provision, whether or not similar, nor shall any waiver constitute a
continuing waiver. A waiver must be in writing and signed by the waiving party to be effective. 

  

	12.6	Any notice or other communication required to be given under this Agreement or in connection with the matters contemplated by it shall, except where otherwise specifically provided,
be in writing in the English language and shall be addressed as provided in this clause and may be: 

  

	 	12.6.1	 personally delivered, in which case it shall be deemed to have been given upon delivery at the relevant address; or 

  

 - 11 - 

	 	12.6.2	 sent to the relevant address by prepaid registered mail with advance telefax, in which case it shall be deemed to have been given 2 business days after the date of posting
(business days meaning any day on which commercial banks in London are fully open for business). 

  

	12.7	The addresses and other details of the parties referred to in this clause are, subject to notification of change, as below: 

  

			
	Name:	  	Hogg Robinson
		
	For the attention of:	  	The Company Secretary
		
	Address:	  	 Global House,
 Victoria Street,
 Basingstoke,
 Hampshire,
 RG21 3BT

		
	Fax number:	  	*
		
	Name:	  	e-TRX Limited
		
	For the attention of:	  	Managing Director
		
	Address:	  	 Sutherland House
 Russell Way
 Crawley
 West Sussex RH 10 1UH

		
	with a copy to:	  	 
		
	Name:	  	TRX, Inc. (on behalf of any and all of the TRX Party)
		
	For the attention of:	  	 President with a copy to Ralph Manaker
 (General
Counsel and Executive VP)

		
	Address:	  	 6 West Druid Hills Drive
 Atlanta, Georgia
30329
 U.S.A.

		
	Fax number:	  	*

  

 - 12 - 
  
 * CONFIDENTIAL TREATMENT REQUESTED 

 IN WITNESS WHEREOF, the undersigned duly authorized representatives of the parties hereto have made and entered
into this Agreement. 
  

									
	e-TRX LIMITED	 	 	 	HOGG ROBINSON plc
					
	 By:
	 	 /s/ Ralph Manaker
	 	 	 	 By:
	 	 /s/ Hogg Robinson plc

  

 - 13 - 

 SCHEDULE 1 
  

Description of Software Supported 
  
 The Software supported shall be that set out at Schedule 1 to the Amended and Restated Software Licence 
  
 Designation of ETRX Representatives: 
  

					
	 Name

	  	Tel#

	  	Title

	 *
	  	*	  	*
			
	Designation of HR’s Representatives:	  	 	  	 
			
	 Name

	  	Tel#

	  	Title

	 *
	  	*	  	*

  

 - 14 - 
  
 *        CONFIDENTIAL TREATMENT REQUESTED 

 SCHEDULE 2 
  

* Fee (as at Effective Date of this agreement): 
  
 NONE 
  
 Charges for Additional Services 
  
 * 

 

 - 15 - 
  
 *        CONFIDENTIAL TREATMENT REQUESTED

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