Document:

EX4-5

Exhibit 4.5

MANAGEMENT AND EXECUTIVE SERVICES AGREEMENT

THIS AGREEMENT is dated effective October 1, 2009

AMONG:
BALATON POWER INC., a British Columbia company, with an 

address at Suite 206 - 20257 54th Avenue, Langley, British 

Columbia V3A 3W2

(the "Company")

AND:
PAUL PRESTON, a businessman, with an address at Suite 102 - 

31831 Peardonville Road, Abbotsford, British Columbia V2T 1L5

(the "Consultant")

WHEREAS:

(A)                   The Company is a mining exploration and development company (the "Business");

(B)                   The Consultant is in the business of, among other things, providing senior executive and management services to various business ventures;

(C)                   The Consultant has been providing executive and management services to the Company since April 2009 without a formal agreement; and

(D)                   The Company and the Consultant have agreed that the Company will, on the terms set out herein, engage the Consultant to provide such services to the Company to formalize their relationship.

NOW THEREFORE in consideration of the premises the parties mutually covenant and agree as follows:

PART 1

ENGAGEMENT AND SERVICES

Engagement and Acceptance

1.1                  Subject as herein provided:

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(a)       the Company hereby engages the Consultant to provide those senior executive and management services set out in §1.3; and

(b)       The Consultant accepts such engagement and will provide the Services in a faithful, diligent and honest manner.

Title of the Consultant

1.2                  During the term of this Agreement, the Consultant shall, in providing the Services, be given the title of Chief Financial Officer of the Company.

Services

1.3                  The services to be provided by the Consultant hereunder shall be the performance of those duties and responsibilities normally and reasonably associated with the position of Chief Financial Officer, together with such other duties and responsibilities as may from time to time be agreed to by the Company and the Consultant that are commensurate with that office (all services to be provided by the Consultant hereunder, the "Services").

General Powers

1.4                  The Consultant will have all the general authority and power as may be necessary or required to provide the Services and otherwise to perform the obligations hereunder, and the Consultant will perform such other duties as are reasonably ancillary to the delivery of the Services.

No Employment Relationship

1.5                  Nothing in this Agreement is intended to create a contract for services between the Company and the Consultant, nor to constitute the Consultant an employee of the Company.  It is specifically agreed and understood that in performing the Services, the Consultant is and will be acting as an independent contractor and not as an agent or employee of the Company.  Further, nothing contained in this Agreement should be construed to create the relationship of principal and agent, partnership, joint venture or any other relationship between the parties hereto other than the relationship of independent contractors.  The Consultant will indemnify and hold the Company and its directors and officers harmless from all taxes, interest and penalties for which the Company or any of its directors or officers are assessed by any taxation authority as a result of any determination by such authority or by a court or other tribunal or administrative authority of competent jurisdiction that the relationship between the Company and the Consultant during any part of the term of this Agreement is one of employment.

Fiduciary Duties

1.6                  The Consultant will not, during the term of this Agreement and thereafter, 
(a)       interfere with the contractual arrangements between the Company and any of its employees, consultants, contractors, suppliers, agents and any one else in contractual or fiduciary relationship with the Company; or

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(b)       take any action inconsistent with the fiduciary relationship of a senior executive officer to the Company.

PART 2

FEES AND DISBURSEMENTS

Services Substantially Full-Time

2.1                  The Consultant shall devote appropriate time and attention and his best efforts to the business and affairs of the Company pursuant to this Agreement.

Manner of Providing Services

2.2                  With respect to the delivery of Services hereunder, the Consultant shall:
(a)       determine the times and places at which, and the manner in which, the Services shall be provided;

(b)       provide all computers and other equipment reasonably necessary to the performance of the Services; and

(c)       at his own expense provide any dedicated office space which the Consultant may perform the Services or any part thereof.

Management Fee

2.3                  As compensation for the Services, the Company will pay the Consultant a monthly fee of CDN$1,500, plus applicable taxes, payable in advance within five business days after presentation of an invoice for the respective month.

Options

2.4                  The Company may, from time to time after the execution and delivery of this Agreement, grant to the Consultant options to acquire common shares in the capital of the Company at an exercise price to be determined by the Company in accordance with the Company's share option plan (the "Options").

Disbursements

2.5                  The Consultant will be responsible for all disbursements that the Consultant incurs in the performance of this Agreement, save and except that the Company will be responsible for all reasonable direct travel and shareholder communication services expenses incurred by the Consultant at the Company's request.  The Consultant agrees to obtain written approval from any individual expenditures which exceed $1,000 or exceed in the aggregate of $5,000.  The Consultant will submit invoices for all expenses incurred in connection with providing the Services and the Company will pay the amount due within thirty days of the receipt of such invoices.

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Indemnity

2.6                  The Company agrees to indemnify and hold the Consultant harmless from all claims that may be made against either of them by any person, corporation or government, or by any governmental department, agent or instrumentality arising out of or in any way connected with the management, operation, activities or existence of the Company, except to the extent that such claims may arise by reason of gross negligence or wilful default on the part of the Consultant.

PART 3

TERMINATION AND ASSIGNMENT

Term

3.1                  This Agreement will be for an initial term of one year and will be automatically extended for successive periods of one year unless terminated by either party.

Early Termination

3.2                  Notwithstanding §3.1, this Agreement (other than Part 4 and Part 5) may be terminated:
(a)at the option of the Company:
(i)if the Consultant breaches any other term of this Agreement that results in a condition that is materially detrimental to the Business, unless the Consultant has remedied the breach within 10 business days after the Company has delivered notice of the breach to the Consultant; or

(ii)at any time for any reason upon 30 calendar days written notice to the Consultant; and

(b)by written notice to the Company at the option of the Consultant after six months from the date of this Agreement for any reason.

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Effect of Termination

3.3                  Immediately upon the termination of this Agreement, regardless of the reason for or manner of such termination, the Consultant will:
(a)       resign all offices and directorships of the Company or any subsidiary thereof; and

(b)       return all property of the Company or any subsidiary thereof in the Consultant's possession.

Compensation on Termination

3.4                  Upon the expiry of the term of this Agreement, or any earlier termination pursuant to §3.2 the Company will pay to the Consultant all compensation due pursuant to §2.3 in each case adjusted to the termination date to reflect any portion of a month.

Assignment

3.5                  The Consultant may not assign any benefit or and obligation under this Agreement to any person without the prior express written consent of the Company, which consent may be unreasonably withheld.

PART 4

CONFIDENTIAL INFORMATION

Confidential Information

4.1                  The Consultant acknowledges that he may, during the course of performing the Services, acquire information which is confidential in nature or of great value to the Company and its subsidiaries including, without limitation, matters or subjects concerning corporate assets, financial reports, technical reports, formulae, inventions, know-how, marketing strategies, profit plans, research and development projects and findings, and trade secrets, whether in the form of records, files, correspondence, notes, data, information, or any other form, including copies or excerpts thereof (hereinafter collectively referred to as "Confidential Information"), and that the disclosure of any such Confidential Information to competitors of the Company or to the general public would be highly detrimental to the best interests of the Company.  The Consultant agrees to maintain the utmost confidentiality respecting the foregoing.  The Consultant  acknowledges and agrees that the right to maintain the confidentiality of such confidential information and trade secrets, and the right to preserve its goodwill, constitute proprietary rights which the Company is entitled to protect.

Protection of Confidential Information

4.2                  The Consultant will during the term of this Agreement and at all times thereafter:
(a)       receive and hold all Confidential Information in trust for the sole benefit of the Company and in strictest confidence;

(b)       protect all Confidential Information from disclosure and will not take any action that could reasonably be expected to result in any Confidential Information losing its character as Confidential Information, and will take all lawful action necessary to prevent any Confidential Information from losing its status as Confidential Information; and

(c)       neither, except as required in the course of performing Services under this Agreement, directly or indirectly use, publish, disseminate or otherwise disclose any Confidential Information to any third party, nor use Confidential Information for any purpose other than the purposes of the Company, without the prior written consent of the Company, which consent may be unreasonably withheld.

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Survival of Confidentiality

4.3                  The restrictions on the use of or disclosure by the Consultant of all Confidential Information, as set forth in this Part 4 shall continue following the termination of this Agreement, regardless of the reasons for or manner of such termination.

Notice Prior to Disclosure

4.4                  Notwithstanding §4.2, if and to the extent required by lawful subpoena or other lawful process, the Consultant may disclose Confidential Information but, to the extent possible, shall first notify the Company of each such requirement so that the Company may seek an appropriate protective order or waive compliance with the provisions of this Agreement.  The Consultant will co-operate fully with the Company at the expense of the Company in seeking any such protective order.

PART 5

NON-COMPETITION AND NON-SOLICITATION

Non-Competition

5.1                  The Consultant acknowledges that the Services are of special, unique and extraordinary character which give the Consultant value to the Company, the loss of which cannot adequately be compensated in damages or by an action at law.  In addition to, and not in limitation of, any other restrictive covenant which may be binding on the Consultant, the Consultant will not during the term of this Agreement and for six months after its termination for any reason:
(a)       in any manner whatsoever:
(i)       carry on, engage in, or be concerned with or interested in, or

(ii)      permit the name of the Consultant, or any part thereof, in any manner whatsoever to be used or connected with,

any business that is, or any interest in any business that is, similar to or competitive with the business of the Company or any of its subsidiaries in Canada, the United States or any country in which the Company has assets or interests as at such time of the termination of this Agreement; or

(b)       directly or indirectly hire any employee of the Company or any of its subsidiaries or induce or attempt to induce any employee of the Company or any of its subsidiaries to leave their employment.

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Limited Exception - Purchase of Securities

5.2                  Notwithstanding §5.1(a), the Consultant may purchase securities of any corporation that is engaged in any business described in §5.1(a) provided that such securities, together with all other securities of such corporation directly or indirectly held by the either or them or any affiliate of either of them do not in aggregate represent more that 1% of the votes and equity attached to all issued securities of that corporation.

Injunctive Relief for Breach

5.3                  The Consultant and the Company agree that all restrictions contained in §5.1 are reasonable and valid in the circumstances and all defences to the strict enforcement thereof by the Company are hereby waived by the Consultant.  The Consultant further agrees that the remedy available to the Company at law for any breach by it of §5.1 will be inadequate and that the Company, on any application to a Court, shall be entitled to temporary and permanent injunctive relief against the Consultant without the necessity of proving actual damage to the Company.

PART 6

GENERAL TERMS

Arbitration

6.1                  The parties shall refer any monetary dispute arising between them under this Agreement to a single arbitrator jointly appointed by them, whose award shall be final and binding upon the parties, and the Rules (the "Rules") of the British Columbia Arbitration and Mediation Institute (the "BCAMI") shall apply to each such arbitration.  If the parties are unable to agree to the appointment of a single arbitrator, the arbitrator shall be appointed by the BCAMI in accordance with the Rules.

Severability

6.2                  If any provision of this Agreement otherwise is deemed to be invalid or unenforceable or is prohibited by the laws of the state or jurisdiction where it is to be performed, this Agreement shall be considered divisible as to such provision and such provision shall be inoperative in such state or jurisdiction and shall not be part of the consideration moving from either of the parties to the other.  The remaining provisions of this Agreement shall be valid and binding and of like effect as though such provision was not included.

Amendments and Modifications

6.3                  This Agreement may not be amended, changed, modified or altered except in writing signed by both parties hereto, nor may any rights of either of the parties be waived except in writing signed by both parties.

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Entire Agreement

6.4                  This Agreement constitutes the entire agreement between the parties and shall be deemed to supersede and cancel any other agreements between the parties relating to the Services to be provided under this Agreement. None of the prior and/or contemporaneous negotiations, preliminary drafts, or prior versions of this Agreement leading up to its execution and not set forth herein shall be construed to, or otherwise affect the validity of this Agreement.  Each party acknowledges that no representation, inducement or condition not set forth herein has been made or relied upon by either party.

Jurisdiction

6.5                  This Agreement will be construed in accordance with and governed by the laws of the Province of British Columbia and the federal laws of Canada applicable therein.

Notice

6.6                  Any notice to be given under this Agreement will be in writing and will be duly and properly given if delivered by hand, at the address for the intended recipient as set forth in this Agreement, or at such other address as such party may designate by notice to the other parties pursuant to this §6.6.  Any notice will be deemed to be received upon delivery.

Enurement

6.7                  This Agreement will enure to the benefit of and be binding upon the respective heirs, executors, administrators, successors and permitted assigns of the parties hereto.

Independent Legal Advice

6.8                  The Consultant and the Company each acknowledges that it has read, understands and agrees with all of the provisions of this Agreement and acknowledges that it has had the opportunity to obtain independent legal advice with respect thereto.

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Counterparts

6.9                  This Agreement may be executed by the parties hereto in as many counterparts as may be necessary, each of which so signed will be deemed to be an original (and each signed copy sent by electronic or facsimile transmission will be deemed to be an original), and such counterparts together will constitute one and the same instrument and notwithstanding the date of execution will be deemed to bear the date set forth above.

IN WITNESS WHEREOF this Agreement has been executed by the parties hereto as of the date set forth above.

BALATON POWER INC.

Per:  /s/ Michael Rosa                           

        Authorized Signatory

	
Signed, Sealed and Delivered by PAUL PRESTON in the presence of:

/s/ Lorraine Leiterman                             

Witness (Signature)

Lorraine Leiterman                                  

Name (please print)

1686 Main St.                                          

Address

Smithers, BC                                           

City, Province

Homemaker                                             

Occupation
	
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/s/ Paul Preston                             

PAUL PRESTONRegistration Rights Agreement

 Exhibit 4.01 

 
  

GOOGLE INC. 

REGISTRATION RIGHTS AGREEMENT 

DATED AS OF November 7, 2009 
  

 
  

 THIS REGISTRATION RIGHTS AGREEMENT is dated as of November 7, 2009 (this
“Agreement”), by and between Google Inc., a Delaware corporation (the “Company”), the parties listed in Exhibit A hereto (the “Sellers”) and James Goetz, as the
Stockholders’ Representative (the “Stockholders’ Representative”). 
 WHEREAS, the Company,
Marlon Inc., AdMob, Inc., and the Stockholders’ Representative, are parties to an Agreement and Plan of Merger and Reorganization, dated as of November 7, 2009 (the “Merger Agreement”), pursuant to which, among
other things, Merger Sub will merge with and into AdMob, Inc. and all of the outstanding shares of Company Common Stock will convert into shares (the “Merger Shares”) of the Company’s Class A Common Stock, par value
$0.001 per share (“Common Stock”); 
 WHEREAS, the Company and Sellers desire to establish certain
rights, terms and conditions in connection with the Merger Shares, effective as of and subject to the occurrence of the Closing; 

NOW, THEREFORE, in consideration of the mutual covenants and agreements set forth herein and for other good and valuable consideration,
the receipt and sufficiency of which is hereby acknowledged, the parties hereto agree as follows: 
 ARTICLE I 

DEFINITIONS 

SECTION 1.01. Definitions. As used in this Agreement, the following terms shall have the meanings indicated below: 

“Agreement” has the meaning assigned in the preamble. 

“Blackout Period” has the meaning assigned in Section 2.02. 

“Business Day” means any day that is not a Saturday, Sunday or other day on which commercial banks in the City of
New York or the City of San Francisco are authorized or required by law to remain closed. 
 “Claims”
has the meaning assigned in Section 2.05(a). 
 “Closing” has the meaning assigned in the
Merger Agreement. 
 “Closing Date” has the meaning assigned in the Merger Agreement. 

“Common Stock” has the meaning assigned in the recitals. 

“Company” has the meaning assigned in the preamble. 

“Company Common Stock” has the meaning set forth in the Merger Agreement. 

“Effective Period” has the meaning assigned in Section 2.03(a)(iv). 

 “Exchange Act” means the United States Securities Exchange Act of
1934, as amended. 
 “Holders” shall mean the Sellers, which have executed and delivered a counterpart
of this Agreement, for so long as they are the registered owners of any Registrable Shares. 
 “Merger
Agreement” has the meaning assigned in the recitals. 
 “Merger Shares” has the meaning
assigned in the recitals. 
 “Nasdaq” means the Nasdaq Stock Market LLC. 

“Person” means any individual, firm, partnership, corporation, trust, joint venture, association, joint stock
company, limited liability company, unincorporated organization or any other entity or organization, including a government or agency or political subdivision thereof, and shall include any successor (by merger or otherwise) of such entity.

 “register,” “registered” and “registration” means a
registration effected by preparing and filing a registration statement or similar document in compliance with the Securities Act, and the declaration or ordering of effectiveness of such registration or document pursuant to the Securities Act.

 “Registrable Shares” means (i) any outstanding Merger Shares and (ii) any outstanding
shares or other securities issued by the Company directly or indirectly with respect to outstanding Merger Shares by way of dividend, stock split, or distribution; provided that securities shall cease to be Registrable Shares after they
(w) (A) have been replaced by the Company with the delivery of new certificates not bearing a legend restricting transfer under the Securities Act and (B) may be publicly resold (without volume or method of sale restrictions) without
registration under the Securities Act, (x) have been distributed to the public pursuant to an offering registered under the Securities Act (including through an exchange or merger registered on Form S-4), (y) have been sold to the public
through a broker, dealer or market maker in compliance with Rule 144 of the regulations promulgated under the Securities Act (or any similar rule then in force) or (z) have ceased to be outstanding. 

“Rule 144” means Rule 144 under the Securities Act (or any similar rule then in force). 

“SEC” means the Securities and Exchange Commission, or any successor agency having jurisdiction to enforce the
Securities Act. 
 “Securities Act” means the United States Securities Act of 1933, as amended.

 “Sellers” has the meaning assigned in the preamble. 

“Shelf Registration” means a registration on Form S-3, or if the Company is not eligible to use Form S-3, a
registration on Form S-1, in each case for an offering to be made pursuant to Rule 415 under the Securities Act. 
  

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 ARTICLE II 

REGISTRATION RIGHTS 

SECTION 2.01. Shelf Registration. 

(a) Filing. As promptly as practicable (but in no less than 30 calendar days after the Closing Date), the Company shall file with
the SEC a Shelf Registration Statement relating to the offer and sale by the Holders from time to time of all the Merger Shares that are Registrable Shares in accordance with the methods of distribution set forth in the Shelf Registration Statement
(which shall be limited to sales on Nasdaq through one or more broker-dealers) and, as promptly as practicable thereafter, shall use its reasonable best efforts to cause such Shelf Registration Statement to be declared effective under the Securities
Act. Such Shelf Registration Statement, together with any post-effective amendments thereto, shall be the only registration statement required to be filed under this Agreement. 

(b) Continued Effectiveness. Subject to the applicability of Blackout Periods, the Company shall use its reasonable best efforts
to keep such Shelf Registration Statement continuously effective under the Securities Act in order to permit the prospectus forming a part thereof to be usable by Holders so long as they hold Registrable Securities. 

SECTION 2.02. Blackout Period. Notwithstanding anything in this Agreement to the contrary, the Company shall be entitled to
postpone and delay, for a reasonable period of time, from time to time, but in no event more than once during any 6-month period for up to 60 days (a “Blackout Period”), the filing or effectiveness of any registration
statement, and the offer or sale of Registrable Shares thereunder to the extent the registration statement has been declared effective, if the Company shall determine that any such filing or the offering or sale of any Registrable Shares thereunder
would (i) have a material adverse effect on a bona fide business or financing transaction or (ii) require disclosure of material non-public information that, if disclosed at such time, would be materially harmful to the Company or its
stockholders; provided, however, that the Company shall give written notice to the Holders of its determination to impose a Blackout Period as promptly as practicable and of its determination to lift a Blackout Period. Upon notice by
the Company to the Holders of any such determination, each Holder shall keep the fact of any such notice strictly confidential, and during any Blackout Period, promptly halt any offer, sale, trading or transfer by it of any Registrable Securities
pursuant to the Shelf Registration Statement for the duration of the Blackout Period set forth in such notice (or until such Blackout Period shall be earlier terminated in writing by the Company) and promptly halt any use, publication, dissemination
or distribution of any prospectus or prospectus supplement covering any Registrable Securities for the duration of the Blackout Period and, if so directed by the Company, shall deliver to the Company any copies then in its possession of any such
prospectus or prospectus supplement. 
 SECTION 2.03. Registration Procedures. 

(a) Without limiting the rights of the Company under Section 2.02, in connection with a registration statement prepared
pursuant to Section 2.01 pursuant to which Registrable Shares will be offered and sold, the Company shall use reasonable best efforts to: 
  

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 (i) furnish to the participating Holders and their respective counsel draft
copies of such registration statement or prospectus or any amendments or supplements thereto (but excluding all documents incorporated or deemed incorporated therein by reference) proposed to be filed at least five calendar days prior to such
filing; 
 (ii) cause such registration statement to comply as to form in all material respects with the
requirements of the applicable form; 
 (iii) furnish without charge to the Holders at least one conformed copy
of the registration statement and each post-effective amendment or supplement thereto (including all schedules and exhibits but excluding all documents incorporated or deemed incorporated therein by reference) and such number of copies of the
registration statement and each amendment or supplement thereto and the summary, preliminary, final, amended or supplemented prospectuses included in such registration statement as the Holder may reasonably request in order to facilitate the public
sale or other disposition of the Registrable Shares being sold by such Holder (the Company hereby consents to the use in accordance with the U.S. securities laws of such registration statement (or post-effective amendment thereto) and each such
prospectus (or preliminary prospectus or supplement thereto) by the Holders in connection with the offering and sale of the Registrable Shares covered by such registration statement or prospectus); 

(iv) keep such registration statement effective until such time as all of the securities covered thereby cease to be
either Registrable Securities or held by the Sellers (the “Effective Period”), to prepare and file with the SEC such amendments, post-effective amendments and supplements to the registration statement and the prospectus as
may be reasonably requested by the Holders of a majority of the Registrable Shares or by any participating Holder (to the extent such request relates to information relating to or provided by such participating Holder) or as may be necessary to
maintain the effectiveness of the registration for the Effective Period and cause the prospectus (and any amendments or supplements thereto) to be filed with the SEC; 

(v) cause all Registrable Shares covered by such registration statement to be listed on Nasdaq or on the principal
securities exchange or interdealer quotation system on which the Common Stock is then listed or quoted; 
 (vi)
notify promptly the Holders after becoming aware of any of the events described in sub-clauses (A) though (E) of this paragraph (vi), to provide the Holders copies of the relevant documentation (if requested), and in the case of
sub-clauses (B), (C), (D) and (E), to provide the Holders an opportunity to review and comment on the Company’s response thereto: (A) when the registration statement or any related prospectus or any amendment or supplement thereto has
been filed, and, with respect to the registration statement or any post-effective amendment, when the same has become effective, (B) of any request by the SEC or any United States state securities authority for amendments or supplements to the
registration statement or the related prospectus or for additional information (other than comment letters relating to the documents incorporated or deemed incorporated therein by reference ), (C) of the issuance by the SEC of any stop order
suspending the effectiveness of the registration statement or the 
  

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initiation of any proceedings for that purpose, (D) of the receipt by the Company of any notification with respect to the suspension of the qualification of the Registrable Shares for sale
in any jurisdiction or the initiation of any proceeding for such purpose or (E) within the Effective Period of the happening of any event or the existence of any fact which makes any statement in the registration statement or any post-effective
amendment thereto, prospectus or any amendment or supplement thereto, or any document incorporated therein by reference untrue in any material respect or which requires the making of any changes in the registration statement or post-effective
amendment thereto or any prospectus or amendment or supplement thereto so that they will not contain any untrue statement of a material fact or omit to state any material fact required to be stated therein or necessary to make the statements
therein, in light of the circumstances under which they were made, not misleading; 
 (vii) during the Effective
Period, obtain the withdrawal of any stop-order or other order enjoining or suspending the use or effectiveness of the registration statement or any post-effective amendment thereto or the lifting of any suspension of the qualification of any of the
Registrable Shares for sale in any jurisdiction; 
 (viii) (A) deliver promptly to the Holders copies of all
correspondence between the SEC and the Company, its counsel or auditors including any comment and response letters (but excluding all documents incorporated or deemed incorporated by reference into the registration statement), (B) keep the
Holders informed with respect to the substance of any discussions with the SEC or its staff regarding the registration statement and (C) subject to customary confidentiality agreements, permit the Holders or their representatives to conduct
such investigation with respect to information contained in or omitted from the registration statement as it deems reasonably necessary for the purpose of conducting customary due diligence with respect to the Company; provided, that any such
investigation shall not interfere unreasonably with the Company’s business; 
 (ix) provide and cause to be
maintained a transfer agent and registrar for all Registrable Shares covered by such registration statement not later than the effective date of such registration statement; and 

(x) cooperate with the Holders to facilitate the timely preparation and delivery of certificates representing the
Registrable Shares to be sold under the registration statement in a form eligible for deposit with the Depository Trust Company not bearing any restrictive legends and not subject to any stop transfer order with any transfer agent, and cause such
Registrable Shares to be issued in such denominations and registered in such names as instructed by the Holders. 
 (b) Nothing
in this Agreement shall require the Company to (i) qualify to do business as a foreign corporation in any jurisdiction where it would not otherwise be required to be so qualified, (ii) execute or file any general consent to service of
process under the laws of any jurisdiction, (iii) take any action that would subject it to service of process in suits other than those arising out of the offer and sale of the securities covered by the registration statement in any
jurisdiction where it is not already subject to service of process, or (iv) subject itself to taxation in any jurisdiction where it would not otherwise be obligated to do so. 

 

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 (c) In the event that the Company would be required, pursuant to
Section 2.03(a)(vi)(E), to notify the Holders of the happening of any event specified therein, the Company shall as promptly as practicable, prepare and furnish to each such Holder a reasonable number of copies of a prospectus
supplemented or amended so that, as thereafter delivered to purchasers of Registrable Shares that have been registered pursuant to this Agreement, such prospectus shall not contain an untrue statement of a material fact or omit to state a material
fact required to be stated therein or necessary to make the statements therein, in the light of the circumstances under which they were made, not misleading. Each Holder agrees that, upon receipt of any notice from the Company pursuant to
Section 2.03(a)(vi)(E), it shall, and shall cause its sales or placement agent or agents for the Registrable Shares to forthwith discontinue disposition of the Registrable Shares pursuant to the Shelf Registration Statement until such
Person shall have received copies of such amended or supplemented prospectus and, if so directed by the Company, to destroy all copies, other than permanent file copies, then in its possession of the prospectus (prior to such amendment or
supplement) covering such Registrable Shares as soon as practicable after each Holder’s receipt of such notice. 
 (d) Each
Holder shall furnish to the Company in writing such information regarding such Holder and its intended method of distribution of the Registrable Shares as the Company may from time to time reasonably request in writing, including to the extent that
such information is required in order for the Company to comply with its obligations under all applicable securities and other laws and to ensure that the prospectus relating to such Registrable Shares conforms to the applicable requirements of the
Securities Act and the rules and regulations thereunder. Each Holder shall notify the Company of any inaccuracy or change in information previously furnished by such Holder to the Company or of the occurrence of any event, in either case as a result
of which any prospectus relating to the Registrable Shares contains or would contain an untrue statement of a material fact or omits to state any material fact with respect to such Holder required to be stated therein or necessary to make the
statements therein, in light of the circumstances under which they were made, not misleading, and promptly furnish to the Company any additional information required to correct and update any previously furnished information or required so that such
prospectus shall not contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading.

 SECTION 2.04. Registration Expenses. The Company shall pay the fees and disbursements of the Company’s counsel
and accountants in connection with any registration of any Registrable Shares and all registration and filing fees and printing costs, provided that the Holders shall pay the fees and expenses of their own counsel and each Holder shall bear
all agent fees and commissions associated with the sale of Registrable Shares by such Holder. 
 SECTION 2.05.
Indemnification; Contribution. 
 (a) The Company shall, and it hereby agrees to, indemnify and hold harmless each Holder
and its partners, members, directors, officers, employees and controlling Persons, if any, in any offering or sale of the Registrable Shares pursuant to a registration statement hereunder, against any losses, claims, damages or liabilities, actions
or proceedings (whether commenced or threatened) in respect thereof and expenses (including reasonable fees of counsel) 

 

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(collectively, “Claims”) to which each such indemnified party may become subject, insofar as such Claims (including any amounts paid in settlement effected with the
consent of the Company as provided herein), or actions or proceedings in respect thereof, arise out of or are based upon an untrue statement or alleged untrue statement of a material fact contained in any registration statement, or any preliminary
or final prospectus contained therein, or any amendment or supplement thereto, or any document incorporated by reference therein, or arise out of or are based upon any omission or alleged omission to state therein a material fact required to be
stated therein or necessary to make the statements therein, in light of the circumstances in which they were made, not misleading; provided, however, that the Company shall not be liable to any such Holder in any such case to the
extent that any such Claims arise out of or are based upon an untrue statement or alleged untrue statement or omission or alleged omission made in such registration statement, or preliminary or final prospectus, or amendment or supplement thereto,
in reliance upon and in conformity with written information furnished to the Company by the Holder with respect to such Holder expressly for use therein, or by such Holder’s failure to furnish the Company, upon request, with the information
with respect to the Holder, or such Holder’s intended method of distribution, that is the subject of the untrue statement or omission, or if the Holder sold securities to the Person alleging such Claims without sending or giving, at or prior to
the written confirmation of such sale, a copy of the applicable prospectus (excluding any documents incorporated by reference therein) or of the applicable prospectus, as then amended or supplemented (excluding any documents incorporated by
reference therein), if the Company had previously furnished copies thereof to the Holders, and such prospectus corrected such untrue statement or alleged untrue statement or omission or alleged omission made in such registration statement.

 (b) Each Holder, severally and not jointly, shall, and hereby agrees to, indemnify and hold harmless the Company, its
directors, officers, employees and controlling Persons, if any, in any offering or sale of Registrable Shares pursuant to a registration statement hereunder, against any Claims to which each such indemnified party may become subject, insofar as such
Claims (including any amounts paid in settlement as provided herein), or actions or proceedings in respect thereof, arise out of or are based upon an untrue statement or alleged untrue statement of a material fact contained in any registration
statement, or any preliminary or final prospectus contained therein, or any amendment or supplement thereto, or any document incorporated by reference therein, or arise out of or are based upon any omission or alleged omission to state therein a
material fact required to be stated therein or necessary to make the statements therein not misleading, in each case only to the extent that such untrue statement or alleged untrue statement or omission or alleged omission was made in reliance upon
and in conformity with written information furnished to the Company by such Holder with respect to such Holder; provided, that in no event shall any indemnity under this Section 2.05 exceed the net proceeds from the offering
received by such Holder unless such liability arises out of or is based on willful misconduct by such Holder. 
 (c) Promptly
after receipt by an indemnified party under Section 2.05(a) or Section 2.05(b) of written notice of the commencement of any action or proceeding for which indemnification under Section 2.05(a) or
Section 2.05(b) may be requested, such indemnified party shall notify such indemnifying party in writing of the commencement of such action or proceeding; but the omission so to notify the indemnifying party shall not relieve it from any
liability which it may have to any indemnified party in respect of such action or proceeding 
  

 7 

 
hereunder unless the indemnifying party was materially prejudiced by such failure of the indemnified party to give such notice, and in no event shall such omission relieve the indemnifying party
from any other liability it may have to such indemnified party. In case any such action or proceeding shall be brought against any indemnified party and it shall notify an indemnifying party of the commencement thereof, such indemnifying party shall
be entitled to participate therein and, to the extent that it shall determine, jointly with any other indemnifying party similarly notified, to assume the defense thereof, with counsel reasonably satisfactory to such indemnified party, and, after
notice from the indemnifying party to such indemnified party of its election so to assume the defense thereof, such indemnifying party shall not be liable to such indemnified party for any legal or any other expenses subsequently incurred by such
indemnified party in connection with the defense thereof other than reasonable costs of investigation; provided, however, that (i) if the indemnifying party fails to take reasonable steps necessary to defend diligently the action
or proceeding within 20 days after receiving notice from such indemnified party that the indemnified party believes it has failed to do so; (ii) if such indemnified party who is a defendant in any action or proceeding which is also brought
against the indemnifying party reasonably shall have concluded that there may be one or more legal defenses available to such indemnified party which are not available to the indemnifying party; or (iii) if representation of both parties by the
same counsel is otherwise inappropriate under applicable standards of professional conduct, then, in any such case, the indemnified party shall have the right to assume or continue its own defense as set forth above (but with no more than one firm
of counsel for all indemnified parties in each jurisdiction plus any necessary local counsel as determined by the indemnified party) and the indemnifying party shall be liable for any expenses therefor (including, without limitation, any such
reasonable counsel’s fees). If the indemnifying party is not entitled to, or elects not to, assume the defense of a claim, it will not be obligated to pay the fees and expenses of more than one counsel for each indemnified party with respect to
such claim. The indemnifying party will not be subject to any liability for any settlement made without its consent. No indemnifying party shall, without the prior written consent of the indemnified party, compromise or consent to entry of any
judgment or enter into any settlement agreement with respect to any action or proceeding in respect of which indemnification is sought under Section 2.05(a) or Section 2.05(b) (whether or not the indemnified party is an
actual or potential party thereto), unless such compromise, consent or settlement is solely for monetary damages and includes an unconditional release of the indemnified party from all liability in respect of such claim or litigation, and does not
include a statement or admission of fault, culpability or a failure to act, by or on behalf of the indemnified party. 
 (d) The
Holders and the Company agree that if, for any reason, the indemnification provisions contemplated by Section 2.05(a) or 2.05(b) hereof are unavailable to or are insufficient to hold harmless an indemnified party in respect of any
Claims referred to therein, then each indemnifying party shall contribute to the amount paid or payable by such indemnified party as a result of such Claims in such proportion as is appropriate to reflect the relative fault of the indemnifying
party, on the one hand, and the indemnified party, on the other hand, with respect to the applicable offering of securities. The relative fault of such indemnifying party and indemnified party shall be determined by reference to, among other things,
whether the untrue or alleged untrue statement of a material fact or omission or alleged omission to state a material fact relates to information supplied by such indemnifying party or by such indemnified party, and the parties’ relative
intent, knowledge, access to information and 
  

 8 

 
opportunity to correct or prevent such statement or omission. If, however, the allocation in the first sentence of this Section 2.05(d) is not permitted by applicable law, then each
indemnifying party shall contribute to the amount paid or payable by such indemnified party in such proportion as is appropriate to reflect not only such relative faults, but also the relative benefits of the indemnifying party and the indemnified
party, as well as any other relevant equitable considerations. The parties hereto agree that it would not be just and equitable if contributions pursuant to this Section 2.05(d) were to be determined by pro rata allocation or by any
other method of allocation which does not take into account the equitable considerations referred to in the preceding sentences of this Section 2.05(d). The amount paid or payable by an indemnified party as a result of the Claims
referred to above shall be deemed to include (subject to the limitations set forth in Section 2.05(c) hereof) any legal or other fees or expenses reasonably incurred by such indemnified party in connection with investigating or defending
any such action, proceeding or claim; provided, that in no event shall any contribution under this Section 2.05(d), when combined with any amounts payable or paid under 2.05(b), exceed the net proceeds from the offering received
by such Holder unless such liability arises out of or is based on willful misconduct by such Holder. No Person guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) shall be entitled to contribution
from any Person who was not guilty of such fraudulent misrepresentation. 
 SECTION 2.06. Rule 144 Reporting. With a view
to making available to the holders of Registrable Shares the benefits of certain rules and regulations of the SEC that may permit the sale of the Registrable Shares to the public without registration, the Company agrees to use its reasonable best
efforts to: 
 (a) make and keep current public information available, within the meaning of Rule 144 or any similar or
analogous rule promulgated under the Securities Act, at all times that it is subject to the reporting requirements of the Exchange Act; 

(b) file with the SEC, in a timely manner, all reports and other documents required under the Securities Act and Exchange Act (at all
times that it is subject to such reporting requirements); and 
 (c) so long as any party hereto owns any Registrable Shares,
furnish to such Person forthwith upon request a written statement as to its compliance with the reporting requirements of said Rule 144, the Securities Act and the Exchange Act (at any time that it is subject to such reporting requirements); a copy
of its most recent annual or quarterly report; and such other reports and documents as such Person may reasonably request in availing itself of any rule or regulation of the SEC allowing it to sell any such securities without registration.

 SECTION 2.07. Grant of Registration Rights to Third Parties. Nothing in this Agreement shall limit the Company’s
ability to grant to any third party, in its sole and absolute discretion, rights with respect to the registration of any securities issued or to be issued by the Company. 
  

 9 

 ARTICLE III 

MISCELLANEOUS 

SECTION 3.01. Effectiveness. The terms and conditions set forth in this Agreement shall become effective as of the Effective Time
(as defined in the Merger Agreement) and shall continue in effect until all the Merger Shares have either ceased to be Registrable Securities or ceased to be held by the Sellers. If for any reason the Merger Agreement terminates without a Closing
having occurred, then this Agreement shall be of no force or effect and there shall not be any liabilities of any kind hereunder. 

SECTION 3.02. Successors and Assigns; Third Party Beneficiaries. 

(a) This Agreement shall be binding upon, shall inure to the benefit of and shall be enforceable by the Company and by Sellers and their
respective successors and permitted assigns, and no term or provision of this Agreement is for the benefit of, or intended to create any obligations to, any other Person. Except as set forth in Section 3.02(b), this Agreement shall not
be assigned and no obligations hereunder may be transferred by any party hereto. Any attempted assignment or transfer, which does not comply with the provisions of this Section 3.02, shall be null and void ab initio. This Agreement shall
be binding upon a party hereto only upon the manual execution and delivery (which delivery may be by telecopy or facsimile or electronic mail) of a signature page to a counterpart hereto. 

(b) The rights to cause the Company to register Registrable Shares pursuant to Article II may be assigned (but only with all related
obligations) by a Holder to a transferee or assignee of such securities that (a) is an affiliate, subsidiary, parent, member, retired member partner, limited partner, retired partner or stockholder of a Holder, or (b) is a Holder’s
family member or trust for the benefit of an individual Holder, provided: (i) the Company is, within a reasonable time after such transfer, furnished with written notice of the name and address of such transferee or assignee and the
securities with respect to which such registration rights are being assigned; (ii) such transferee or assignee agrees in writing to be bound by and subject to the terms and conditions of this Agreement; and (iii) such assignment shall be
effective only if immediately following such transfer the further disposition of such securities by the transferee or assignee is restricted under the Securities Act. 

SECTION 3.03. Amendments; Waiver. This Agreement may be amended only by an agreement in writing executed by the Company and
Sellers, except that the provisions of Article II may be amended by the written agreement of the Company and the Holders of a majority of the Registrable Shares then outstanding. Any such amendment shall be binding on all other Holders,
whether or not they execute such amendment. Either party may waive in whole or in part any benefit or right provided to it under this Agreement, such waiver being effective only if contained in a writing executed by the waiving party. No failure by
any party to insist upon the strict performance of any covenant, duty, agreement or condition of this Agreement or to exercise any right or remedy consequent upon breach thereof shall constitute a waiver of any such breach or of any other covenant,
duty, agreement or condition, nor shall any delay or omission of either party to exercise any right hereunder in any manner impair the exercise of any such right accruing to it thereafter. 

 

 10 

 SECTION 3.04. Notices. All notices and communications hereunder shall be deemed to
have been duly given and made if in writing and if served by personal delivery upon the party for whom it is intended or delivered by registered or certified mail, return receipt requested, or if sent by telecopier or email, provided
that the telecopy or email is promptly confirmed by telephone confirmation thereof, to the Person at the address set forth below, or such other address as may be designated in writing hereafter, in the same manner, by such Person: 

 

			
	if to the Company:	  	Google Inc.
		  	1600 Amphitheatre Parkway
		  	Mountain View, CA 94043
		  	Attention: Donald S. Harrison, Deputy
		  	 General Counsel

		  	Facsimile: 650.887.1790
		
	if to Sellers:	  	To the applicable address set forth in the Company’s records.

SECTION 3.05. Governing Law; Forum. This Agreement shall be governed by, and construed in accordance with, the laws of the State
of Delaware applicable to contracts executed in and to be performed in that state and without regard to any applicable conflicts of law. In any action between the parties hereto arising out of or relating to this Agreement or any of the transactions
contemplated by this Agreement: (i) each of the parties irrevocably and unconditionally consents and submits to the exclusive jurisdiction and venue of either the state courts located in San Francisco, California or the United States District
Court for the Northern District of California and (ii) each of the parties irrevocably consents to service of process by first class certified mail, return receipt requested, postage prepaid. 

SECTION 3.06. (a) Arbitration. Any claim or dispute arising out of or related to this Agreement, or the interpretation,
making, performance, breach or termination thereof, shall (except as specifically set forth in this Agreement) be finally settled by binding arbitration in the County of Santa Clara, California in accordance with the then current Commercial
Arbitration Rules of the American Arbitration Association and judgment upon the award rendered may be entered in any court having jurisdiction thereof. The arbitrator(s) shall have the authority to grant any equitable and legal remedies that would
be available in any judicial proceeding instituted to resolve a dispute. 
 (b) Selection of Arbitrators. Such
arbitration shall be conducted by a single arbitrator chosen by mutual agreement of Parent and the Stockholders’ Representative. Alternatively, at the request of either party before the commencement of arbitration, the arbitration shall be
conducted by three independent arbitrators, none of whom shall have any competitive interests with Parent or the Stockholders’ Representative. Parent and the Stockholders’ Representative shall each select one arbitrator. The two
arbitrators so selected shall select a third arbitrator. 
  

 11 

 (c) Discovery. In any arbitration under this Section 3.06, each party shall be
limited to calling a total of three witnesses both for purposes of deposition and the arbitration hearing. Subject to the foregoing limitation on the number of witnesses, the arbitrator or arbitrators, as the case may be, shall set a limited time
period and establish procedures designed to reduce the cost and time for discovery while allowing the parties an opportunity, adequate in the sole judgment of the arbitrator or majority of the three arbitrators, as the case may be, to discover
relevant information from the opposing parties about the subject matter of the dispute. The arbitrator, or a majority of the three arbitrators, as the case may be, shall rule upon motions to compel or limit discovery and shall have the authority to
impose sanctions for discovery abuses, including attorneys’ fees and costs, to the same extent as a competent court of law or equity, should the arbitrators or a majority of the three arbitrators, as the case may be, determine that discovery
was sought without substantial justification or that discovery was refused or objected to without substantial justification. 

(d) Decision. The decision of the arbitrator or a majority of the three arbitrators, as the case may be, shall be final, binding,
and conclusive upon the parties to this Agreement. Such decision shall be written and shall be supported by written findings of fact and conclusions which shall set forth the award, judgment, decree or order awarded by the arbitrator(s). Within 30
days of a decision of the arbitrator(s) requiring payment by one party to another, such party shall make the payment to such other party, as applicable. 

(e) Other Relief. The parties to the arbitration may apply to a court of competent jurisdiction for a temporary restraining order,
preliminary injunction or other interim or conservatory relief, as necessary, without breach of this arbitration provision and without abridgement of the powers of the arbitrator(s). 

(f) Costs and Expenses. The parties agree that each party shall pay its own costs and expenses (including counsel fees) of any
such arbitration, and each party waives its right to seek an order compelling the other party to pay its portion of its costs and expenses (including counsel fees) for any arbitration. 

(g) Waiver of Jury Trial. Each of the parties hereto hereby irrevocably waives any and all right to trial by jury in any legal
proceeding arising out of or relating to this Agreement or the transactions contemplated hereby. 
 SECTION 3.07.
Headings. The heading references herein and the table of contents hereof are for convenience purposes only, and shall not be deemed to limit or affect any of the provisions hereof. 

SECTION 3.08. Integration. This Agreement constitutes the entire agreement among the parties with respect to the subject matter
hereof and supersedes all prior agreements and undertakings, both written and oral, among the parties, or any of them, with respect to the subject matter hereof. 

SECTION 3.09. Severability. If any term or other provision of this Agreement is invalid, illegal or incapable of being enforced by
any rule of law or public policy, all other conditions and provisions of this Agreement shall nevertheless remain in full force and effect so 

 

 12 

 
long as the economic or legal substance of the transactions contemplated hereby is not affected in any manner materially adverse to any Party. Upon such determination that any term or other
provision is invalid, illegal or incapable of being enforced, the parties hereto shall negotiate in good faith to modify this Agreement so as to effect the original intent of the parties as closely as possible in an acceptable manner to the end that
the transactions contemplated hereby are fulfilled to the fullest extent possible. 
 SECTION 3.10. Counterparts. This
Agreement may be executed in one or more counterparts, each of which shall be deemed an original, and all of which shall constitute one and the same Agreement. 

SECTION 3.11. Stockholders’ Representative. The Sellers and Stockholders’ Representative acknowledge that the provisions
of Section 9.07 of the Merger Agreement shall govern their relationship under this Agreement mutatis mutandis. 

*        *        * 

 

 13 

 IN WITNESS WHEREOF, the parties have caused this Agreement to be duly executed by their
respective authorized officers as of the date first written above. 
  

			
	GOOGLE INC.
		
	By:	 	/s/ David Lawee
	Name: 	 	David Lawee
	Title:	 	Vice President, Corporate Development
	
	STOCKHOLDERS’ REPRESENTATIVE
	
	 /s/ James Goetz

 

	James Goetz

  

 
  
  

 
 [SIGNATURE PAGE TO REGISTRATION RIGHTS AGREEMENT]

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