Document:

Exhibit 4(c)(iv).4

 

January 13, 2021 2028050_1 . do c x PORTAGE BIOTECH INC. 2021 EQUITY  INCENTIVE PLAN 1. Purposes of the Plan . This Plan is an amendment and restatement effective January 13, 2021 of the Portage Biotech Inc.  2020  Stock Option Plan, which has been renamed the 2021 Equity Incentive Plan. The purpose of  this Plan is to develop the interest of the  directors, officers, employees and consultants who provide  on - going services to Portage Biotech Inc. (the "Corporation")  and its subsidiaries in the growth and  development of the  Corporation by providing such persons with the opportunity to acquire an equity  interest in the  Company or  to be paid incentive compensation and to better enable  the Corporation  and its subsidiaries to attract and retain persons of desired experience and ability. The Plan permits the grant of Incentive Stock Options, Nonstatutory Stock Options, Stock Appreciation Rights, Dividend Equivalent Rights, Restricted Stock, Restricted Stock Units and Cash - Based Incentive Awards . 2. Definitions . As used herein, the following  definitions will apply: (a) “ Act ” means the U . S . Securities Act of 1933 , as amended, and the rules and regulations thereunder . (b) “ Administrator ” means the Board or any of its Committees as will be administering the Plan, in accordance with Section 4 of the Plan . (c) “ Applicable Laws ” means the requirements relating to the administration of equity - based awards under U . S . state corporate laws, U . S . federal and state securities laws, the Code, any stock exchange or quotation system on which the Common Stock is listed or quoted and the applicable laws of any foreign country or jurisdiction where Awards are, or will be, granted under the Plan or where Shares are, or will be, granted on exercise of any such Award . (d) “ Award ” means, individually or collectively, a grant under the Plan of Options, Stock Appreciation Rights, Dividend Equivalent Rights, Restricted Stock, Restricted Stock Units or Cash - Based Incentive Awards . (e) “ Award Agreement ” means the written or electronic agreement setting forth the terms and provisions applicable to each Award granted under the Plan . The Award Agreement is subject to the terms and conditions of the Plan . (f) “ Board ” means the Board of  Directors of the Company.

     

     

    

 - 2 - (g) “ Cash - Based Incentive Award ” means an Award denominated in cash that is  granted  under Section 10 of the Plan. (h) “ C a u s e ” m ea n s : (i) an unauthorized use or disclosure by the Participant of the Company’s  confidential information  or trade secrets that causes material harm to the Company; (ii) a material breach by the Participant of any agreement between the  Participant and the Company; (iii) a material failure by the Participant to comply with the Company’s written policies or rules ; (iv) the Participant’s conviction of, or plea of “guilty” or “no contest” to, a felony under the laws of the United States or any State thereof ; (v) the Participant’s gross negligence or willful misconduct; (vi) a continuing failure by the Participant to perform assigned duties after receiving written notification of such failure from the Board ; or (vii) a failure by the Participant to cooperate in good faith with a governmental or internal investigation of the Company or its directors, officers or employees, if the Company has requested the Participant’s cooperation . (i) “ Change in Control ” means shall mean (i) the sale of all or substantially all of the assets of the Company on a consolidated basis to an unrelated person or entity ; (ii) a merger, reorganization or consolidation pursuant to which the holders of the Company’s outstanding voting power and outstanding shares immediately prior to such transaction do not own a majority of the outstanding voting power and outstanding shares or other equity interests of the resulting or successor entity (or its ultimate parent, if applicable) immediately upon completion of such transaction ; (iii) the sale of more than fifty percent of the Shares of the Company to an unrelated person, entity or group thereof acting in concert ; or (iv) any other transaction in which the owners of the Company’s outstanding voting power immediately prior to such transaction do not own at least a majority of the outstanding voting power of the Company or any successor entity immediately upon completion of the transaction other than as a result of the acquisition of securities directly from the Company . (j) “ Code ” means the Internal Revenue Code of 1986, as amended. Any reference  to a section of the  Code herein will be a reference to any successor or amended section of the Code.

     

     

    

- 3 - (k) “ Committee ” means the compensation committee of Directors or of other individuals satisfying Applicable Laws appointed by the Board, or by the compensation committee of the Board, in accordance with Section 4 hereof . (l) “ Common  Stock ” means the common stock of the Company. (m) “ Company ” means Portage Biotech Inc . , a Delaware corporation, or any successor thereto . (n) “ Consultant ” means any natural person, including an advisor, engaged by the Company to render bona fide services to such entity, provided the services (i) are not in connection with the offer or sale of securities in a capital - raising transaction, and (ii) do not directly promote or maintain a market for the Company’s securities . (o) “ Director ” means a member of the Board. (p) “ Disability ” means total and permanent disability as defined in Code Section 22 (e)( 3 ), provided that in the case of Awards other than Incentive Stock Options, the Administrator in its discretion may determine whether a permanent and total disability exists in accordance with uniform and non - discriminatory standards adopted by the Administrator from time to time . (q) “ Dividend Equivalent Right ” means an Award entitling the grantee to receive credits based on dividends that would have been paid on Shares specified in the Dividend Equivalent Right (or other Award to which it relates) if such Shares had been issued to and held by the grantee . (r) “ Employee ” means any person, including officers and Directors, employed by the Company . Neither service as a Director nor payment of a director’s fee by the Company will be sufficient to constitute “employment” by the Company . (s) “ Exchange Act ” means the Securities Exchange Act of 1934, as amended. (t) “ Exchange Program ” means a program under which (i) outstanding Awards are surrendered or cancelled in exchange for Awards of the same type (which may have higher or lower exercise prices and different terms), Awards of a different type, and/or cash, (ii) Participants would have the opportunity to transfer any outstanding Awards to a financial institution or other person or entity selected by the Administrator, and/or (iii) the exercise price of an outstanding Award is reduced or increased . The Administrator will determine the terms and conditions of any Exchange Program in its sole discretion . (u) “ Fair Market Value ” means the fair market value of a Share as determined by the Administrator in good faith, provided, however, that if the Shares are listed on the National Association of Securities Dealers Automated Quotation System (“NASDAQ”), Nasdaq Global Market, The New York Stock Exchange, Canadian Securities Exchange, or another national securities exchange or traded on any established market, the determination shall be made by reference to market quotations . If there are no market quotations for such date, the determination shall be made by

     

     

    

- 4 - reference to the last date preceding such date for which there are market quotations.  determination shall be conclusive and binding on all persons Su c h (v) “ Incentive Stock Option ” means an Option that by its terms qualifies and is otherwise intended to qualify as an incentive stock option within the meaning of Code Section 422 and the regulations promulgated thereunder . (w) “ Nonstatutory Stock Option ” means an Option that by its terms does not qualify  or is not intended to qualify as an Incentive Stock Option. (x) “ Option ” means a stock option granted pursuant to the Plan. (y) “ Parent ” means a “parent corporation,” whether now or hereafter existing, as  defined in Code Section 424(e). (z) “ Participant ” means the holder of an outstanding Award. (aa) “ Period of Restriction ” means the period during which the transfer of Shares of Restricted Stock are subject to restrictions and therefore, the Shares are subject to a substantial risk of forfeiture . Such restrictions may be based on the passage of time, the achievement of target levels of performance, or the occurrence of other events as determined by the Administrator . (bb) “ Plan ” means this 2021  Equity Incentive Plan. (cc) “ Qualifying Director ” means a Person who is, with respect to actions intended to obtain an exemption from Section 16 (b) of the Exchange Act pursuant to Rule 16 b - 3 under the Exchange Act, a “non - employee director” within the meaning of Rule 16 b - 3 under the Exchange Act . (dd) “ Restricted Stock ” means Shares issued pursuant to an Award of Restricted  Stock under Section 8 of  the Plan or  the early exercise of an Option. (ee) “ Restricted Stock Unit ” means a bookkeeping entry representing an amount equal to the Fair Market Value of one Share, granted pursuant to Section 9 . Each Restricted Stock Unit represents an unfunded and unsecured obligation of the Company . (ff) “Separation from Service” means the Separation from Service” as such term is  defined in the Income Tax Regulations under Code Section 409A. (gg) “ Service Provider ” means an Employee, Director or Consultant. (hh) “ Share ” means a share of the Common Stock, as adjusted in accordance with  Section  14 of the Plan. (ii) “ Stock Appreciation Right ” means an Award, granted alone or in connection  with an Option, that pursuant to Section 7  is designated  as a Stock Appreciation Right. (jj) “ Subsidiary ” means a “subsidiary corporation,” whether now or hereafter exist - ing,  as defined in Code Section 424(f).

     

     

    

- 5 - 3. Stock Subject to the Plan . (a) Stock Subject to the Plan . Subject to Section 14 of the Plan, the maximum number of Common Shares reserved for issuance at any time pursuant to this Plan shall not exceed 10 % of the issued and outstanding Common Shares in the capital of the Corporation . The Shares may be authorized but unissued or reacquired . Subject to such overall limitation, the aggregated number of Shares that may be issued as Incentive Stock Options shall not exceed 10 % . (b) Lapsed Awards . If an Award expires or becomes unexercisable without having been exercised in full, is surrendered pursuant to an Exchange Program, is forfeited, or is repurchased by the Company for an amount equal to the lower of (i) the Exercise Price of each Share being repurchased and (ii) the Fair Market Value of each Share being repurchased at the time the right of repurchase is exercised (such that the repurchase is effectively a forfeiture), the Shares that were subject thereto will become available for future grant or sale under the Plan (unless the Plan has terminated) . With respect to Stock Appreciation Rights, only Shares actually issued pursuant to a Stock Appreciation Right will cease to be available under the Plan ; all remaining Shares under Stock Appreciation Rights will remain available for future grant or sale under the Plan (unless the Plan has terminated) . Shares that have actually been issued under the Plan under any Award will not be returned to the Plan and will not become available for future distribution under the Plan ; except that Shares that are forfeited to the Company, including Shares that are effectively forfeited to the Company as the result of a Company repurchase, will become available for future grant under the Plan . Shares used to pay the exercise price of an Award or to satisfy the tax withholding obligations related to an Award will become available for future grant or sale under the Plan . To the extent an Award under the Plan is paid out in cash rather than Shares, such cash payment will not result in reducing the number of Shares available for issuance under the Plan . Notwithstanding the foregoing and, subject to adjustment as provided in Section 14 , the maximum number of Shares that may be issued upon the exercise of Incentive Stock Options will equal the aggregate Share number stated in Section 3 (a), plus, to the extent allowable under Code Section 422 and the Treasury Regulations promulgated thereunder, any Shares that become available for issuance under the Plan pursuant to Section 3 (b) . (c) Share Reserve . The Company, during the term of this Plan, will at all times reserve and keep available such number of Shares as will be sufficient to satisfy the requirements of the Plan . 4. Administration of the Plan . (a) Administration of the Plan ; Delegation The Plan shall be administered by the Administrator . To the extent required to comply with the provisions of Rule 16 b - 3 promulgated under the Exchange Act (if the Board is not acting as the Committee under the Plan) it is intended that each member of the Committee shall, at the time such member takes any action with respect to an Award under the Plan that is intended to qualify for the exemptions provided by Rule 16 b - 3 promulgated under the Exchange Act be a Qualifying Director . However, the fact that a Committee member shall fail to qualify as a Qualifying Director shall not invalidate any Award granted by the Committee that is otherwise validly granted under the Plan . Subject to Applicable Law, the Board or the Committee, in its discretion, may delegate all or part of its administrative duty and authority to a committee consistent of one or more officers of the Company, including the Chief Executive Officer, other than

     

     

    

- 6 - with respect to grants to individuals who are subject to the reporting and other provisions of Section  16 of  the Exchange Act or are members of a committee to which such authority is delegated.. (b) Powers of the Administrator . Subject to the provisions of the Plan, and in the case of a Committee, subject to the specific duties delegated by the Board to such Committee, the Administrator will have the authority, in its discretion : (i) to determine the Fair  Market Value; (ii) to select the Service Providers to whom Awards may be granted hereunder; ( iii ) to determine the number of Shares to be covered by each Award granted hereunder; (iv) to approve forms of Award Agreements for use under the Plan (which forms may, for the avoidance of doubt, be different for each Service Provider to whom Awards are proposed to be granted hereunder) ; (v) to determine the terms and conditions, not inconsistent with the terms of the Plan, of any Award granted hereunder . Such terms and conditions include, but are not limited to, the terms and conditions of grant, the exercise price, the time or times when Awards may be exercised (which may be based on performance criteria), any vesting acceleration or waiver of forfeiture restrictions, and any restriction or limitation regarding any Award or the Shares relating thereto, based in each case on such factors as the Administrator will determine ; (vi) to institute and determine the terms and conditions of an Exchange Program; (v ii ) to construe and interpret the terms of the Plan and Awards granted pursuant to the Plan; (viii) to prescribe, amend and rescind rules and regulations relating to the Plan, including rules and regulations relating to sub - plans established for the purpose of satisfying applicable foreign laws or for qualifying for favorable tax treatment under applicable foreign laws ; (ix) to modify or amend each Award (subject to Section 19 (c) of the Plan), including but not limited to the discretionary authority to extend the post - termination exercisability period of Awards and to extend the maximum term of an Option (subject to Section 6 (d)) ; (x) to allow Participants to satisfy withholding tax obligations in a manner prescribed in Section 14 ; (xi) to authorize any person to execute on behalf of the Company any instrument required to effect the grant of an Award previously granted by the Administrator ; and (xii) to make all other determinations deemed necessary or advisable for administering the Plan .

     

     

    

- 7 - (c) Effect of Administrator’s Decision . The Administrator’s decisions, determinations and interpretations will be final and binding on all Participants and any other holders of Awards . (d) Indemnification . Neither the Board nor the Committee nor any member of either or any delegate thereof, shall be liable for any act, omission, interpretation, construction or determination made in good faith in connection with the Plan, and the members of the Board, the Committee (and any delegate thereof) shall be entitled in all cases to indemnification and reimbursement by the Company in respect of any claim, loss, damage or expense (including, without limitation, reasonable attorneys’ fees) arising or resulting therefrom to the fullest extent permitted by law and/or under the Company’s articles or bylaws, and any directors’ and officers’ liability insurance coverage which may be in effect from time to time and/or any indemnification agreement between such individual and the Company . 5. Eligibility . Nonstatutory Stock Options, Stock Appreciation Rights, Restricted Stock, and Restricted Stock Units may be granted to Service Providers . Incentive Stock Options may be granted only to Employees . 6. Stock Options . (a) Grant of Options . Subject to the terms and provisions of the Plan, the Administrator, at any time and from time to time, may grant Options in such amounts as the Administrator, in its sole discretion, will determine . (b) Option Agreement . Each Award of an Option will be evidenced by an Award Agreement that will specify the terms and conditions of grant, the exercise price, the term of the Option, the number of Shares subject to the Option, the exercise restrictions, if any, applicable to the Option, and such other terms and conditions as the Administrator, in its sole discretion, will determine . (c) Limitations . Each Option will be designated in the Award Agreement as either an Incentive Stock Option or a Nonstatutory Stock Option . Notwithstanding such designation, however, to the extent that the aggregate Fair Market Value of the Shares with respect to which Incentive Stock Options are exercisable for the first time by the Participant during any calendar year (under all plans of the Company and any Parent or Subsidiary) exceeds one hundred thousand dollars ( $ 100 , 000 ), such Options will be treated as Nonstatutory Stock Options . For purposes of this Section 6 (c), Incentive Stock Options will be taken into account in the order in which they were granted, the Fair Market Value of the Shares will be determined as of the time the Option with respect to such Shares is granted, and calculation will be performed in accordance with Code Section 422 and Treasury Regulations promulgated thereunder . (d) Term of Option . The term of each Option will be stated in the Award Agreement ; provided, however, that the term will be no more than ten ( 10 ) years from the date of grant thereof . In the case of an Incentive Stock Option granted to a Participant who, at the time the Incentive Stock Option is granted, owns stock representing more than ten percent ( 10 % ) of the total combined voting power of all classes of stock of the Company or any Parent or Subsidiary, the term of the Incentive Stock Option will be five ( 5 ) years from the date of grant or such shorter term as may be provided in the Award Agreement .

     

     

    

- 8 - (e) Option Exercise Price and Consideration . (i) Exercise Price . The per Share exercise price for the Shares to be issued pursuant to the exercise of an Option will be determined by the Administrator, but will be no less than one hundred percent ( 100 % ) of the Fair Market Value per Share on the date of grant . In addition, in the case of an Incentive Stock Option granted to an Employee who owns stock representing more than ten percent ( 10 % ) of the voting power of all classes of stock of the Company or any Parent or Subsidiary, the per Share exercise price will be no less than one hundred ten percent ( 110 % ) of the Fair Market Value per Share on the date of grant . Notwithstanding the foregoing provisions of this Section 6 (e)(i), Options may be granted with a per Share exercise price of less than one hundred percent ( 100 % ) of the Fair Market Value per Share on the date of grant pursuant to a transaction described in, and in a manner consistent with, Code Section 424 (a) . (ii) Waiting Period and Exercise Dates . At the time an Option is granted, the Administrator will fix the period within which the Option may be exercised and will determine any conditions that must be satisfied before the Option may be exercised . (iii) Form of Consideration . The Administrator will determine the acceptable form of consideration for exercising an Option, including the method of payment . In the case of an Incentive Stock Option, the Administrator will determine the acceptable form of consideration at the time of grant . Such consideration may consist entirely of : ( 1 ) cash ; ( 2 ) check ; ( 3 ) promissory note, to the extent permitted by Applicable Laws, ( 4 ) other Shares, provided that such Shares have a Fair Market Value on the date of surrender equal to the aggregate exercise price of the Shares as to which such Option will be exercised and provided further that accepting such Shares will not result in any adverse accounting consequences to the Company, as the Administrator determines in its sole discretion ; ( 5 ) consideration received by the Company under a cashless exercise program (whether through a broker or otherwise) implemented by the Company in connection with the Plan ; (6) by net exercise, ( 7 ) such other consideration and method of payment for the issuance of Shares to the extent permitted by Applicable Laws, or ( 8 ) any combination of the foregoing methods of payment . In making its determination as to the type of consideration to accept, the Administrator will consider if acceptance of such consideration may be reasonably expected to benefit the Company . (f) Exercise of Option . (i) Procedure for Exercise ; Rights as a Stockholder . Any Option granted hereunder will be exercisable according to the terms of the Plan and at such times and under such conditions as determined by the Administrator and set forth in the Award Agreement . An Option may not be exercised for a fraction of a Share . An Option will be deemed exercised when the Company receives : (i) notice of exercise (in such form as the Administrator may specify from time to time) from the person entitled to exercise the Option, and (ii) full payment for the Shares with respect to which the Option is exercised (together with applicable tax withholding) . Full payment may consist of any consideration and method of payment authorized by the Administrator and permitted by the Award Agreement and the Plan . Shares issued upon exercise of an Option will be issued in the name of the Participant or, if requested by the Participant, in the name of the Participant and his or her spouse . Until the Shares are issued (as evidenced by the appropriate entry on the books of the Company or of

     

     

    

- 9 - a duly authorized transfer agent of the Company), no right to vote or receive dividends or any other rights as a stockholder will exist with respect to the Shares subject to an Option, notwithstanding the exercise of the Option . The Company will issue (or cause to be issued) such Shares promptly after the Option is exercised . No adjustment will be made for a dividend or other right for which the record date is prior to the date the Shares are issued, except as provided in Section 14 of the Plan . Exercising an Option in any manner will decrease the number of Shares thereafter available, both for purposes of the Plan and for sale under the Option, by the number of Shares as to which the Option is exercised . (ii) Resignation or Termination without Cause . If a Participant ceases to be a Service Provider, other than as the result of the Participant’s termination for Cause or the Participant’s death or Disability, the Participant may exercise his or her Option within ninety ( 90 ) days of termination, or such longer period of time as is specified in the Award Agreement or determined by the Administrator (but in no event later than the expiration of the term of such Option as set forth in the Award Agreement) to the extent that the Option is vested on the date of termination . Unless otherwise provided by the Administrator, if on the date of termination the Participant is not vested as to his or her entire Option, the Shares covered by the unvested portion of the Option will revert to the Plan . If after termination the Participant does not exercise his or her Option within the time specified by the Administrator, the Option will terminate, and the Shares covered by such Option will revert to the Plan . (iii) Termination for Cause . If a Participant ceases to be a Service Provider as the result of the Participant’s termination for Cause or the Participant’s resignation in anticipation of a termination for Cause, the Participant may not exercise his or her Option following such termination or resignation . Unless otherwise provided by the Administrator, a Participant who is terminated for Cause, or who resigns in anticipation of a termination for Cause, will automatically forfeit his or her Option in its entirety (including any vested portion) . Such forfeited Option will terminate and the Shares covered by the Option will revert to the Plan . Any determination of whether a Participant resigned in anticipation of a termination for Cause or a Participant’s employment or service is (or is deemed to have been) terminated for Cause shall be made by the Administrator in its sole discretion, which determination shall be final and binding . If, subsequent to a Participant’s termination of employment or service, it is determined by the Administrator that the Participant’s employment or service could have been terminated for Cause, the Administrator may deem such Participant’s employment or service to have been terminated for Cause, and any Option held by the Participant shall be subject to the treatment applicable following a termination for Cause, including under any recapture, clawback or similar policy of the Company as may be in effect from time to time . (iv) Disability of Participant . If a Participant ceases to be a Service Provider as a result of the Participant’s Disability, the Participant may exercise his or her Option within one ( 1 ) year of termination, or such longer period of time as is specified in the Award Agreement or determined by the Administrator (but in no event later than the expiration of the term of such Option as set forth in the Award Agreement) to the extent the Option is vested on the date of termination . Unless otherwise provided by the Administrator, if on the date of termination the Participant is not vested as to his or her entire Option, the Shares covered by the unvested portion of the Option will revert to the Plan . If after termination the Participant does not exercise his or her Option within the

     

     

    

- 10 - time  specified herein, the  Option will terminate, and the Shares covered by such Option will revert to  the Plan. (v) Death of Participant . If a Participant dies while a Service Provider, the Option may be exercised within one ( 1 ) year following the Participant’s death, or within such longer period of time as is specified in the Award Agreement or determined by the Administrator (but in no event later than the expiration of the term of such Option as set forth in the Award Agreement) to the extent that the Option is vested on the date of death, by the Participant’s designated beneficiary, provided such beneficiary has been designated prior to the Participant’s death in a form acceptable to the Administrator . If no such beneficiary has been designated by the Participant, then such Option may be exercised by the personal representative of the Participant’s estate or by the person(s) to whom the Option is transferred pursuant to the Participant’s will or in accordance with the laws of descent and distribution . Unless otherwise provided by the Administrator, if at the time of death Participant is not vested as to his or her entire Option, the Shares covered by the unvested portion of the Option will immediately revert to the Plan . If the Option is not so exercised within the time specified herein, the Option will terminate, and the Shares covered by such Option will revert to the Plan . 7. Stock Appreciation Rights . (a) Grant of Stock Appreciation Rights . Subject to the terms and conditions of the Plan, a Stock Appreciation Right may be granted to Service Providers at any time and from time to time as will be determined by the Administrator, in its sole discretion . (b) Number of Shares . The Administrator will have complete discretion to determine the number of Shares subject to any Award of Stock Appreciation Rights . (c) Exercise Price and Other Terms . The per Share exercise price for the Shares that will determine the amount of the payment to be received upon exercise of a Stock Appreciation Right as set forth in Section 7 (f) will be determined by the Administrator and will be no less than one hundred percent ( 100 % ) of the Fair Market Value per Share on the date of grant . Otherwise, the Administrator, subject to the provisions of the Plan, will have complete discretion to determine the terms and conditions of Stock Appreciation Rights granted under the Plan . (d) Stock Appreciation Right Agreement . Each Stock Appreciation Right grant will be evidenced by an Award Agreement that will specify the terms and conditions of grant, the exercise price, the term of the Stock Appreciation Right, the conditions of exercise, and such other terms and conditions as the Administrator, in its sole discretion, will determine . (e) Expiration of Stock Appreciation Rights . A Stock Appreciation Right granted under the Plan will expire upon the date determined by the Administrator, in its sole discretion, and set forth in the Award Agreement . Notwithstanding the foregoing, the rules of Section 6 (d) relating to the maximum term and Section 6 (f) relating to exercise also will apply to Stock Appreciation Rights . (f) Payment of Stock Appreciation Right Amount . Upon exercise of a Stock Appreciation Right, a Participant will be entitled to receive payment from the Company in an amount determined by multiplying :

     

     

    

- 11 - (i) The difference between the Fair Market  Value of a  Share  on  the date  of  exercise over  the exercise price; times (ii) The number of Shares with respect to which the Stock Appreciation Right is exercised. At the discretion of the Administrator, the payment upon Stock Appreciation Right exercise  may be in cash, in Shares of  equivalent value, or  in some combination thereof. 8. Restricted Stock . (a) Grant of Restricted Stock . Subject to the terms and provisions of the Plan, the Administrator, at any time and from time to time, may grant Shares of Restricted Stock to Service Providers in such amounts as the Administrator, in its sole discretion, will determine . (b) Restricted Stock Agreement . Each Award of Restricted Stock will be evidenced by an Award Agreement that will specify the terms and conditions of grant, the Period of Restriction, the number of Shares granted, and such other terms and conditions as the Administrator, in its sole discretion, will determine . Unless the Administrator determines otherwise, the Company as escrow agent will hold Shares of Restricted Stock until the restrictions on such Shares have lapsed . (c) Transferability . Except as provided in this Section 8 or as the Administrator determines, Shares of Restricted Stock may not be sold, transferred, pledged, assigned, or otherwise alienated or hypothecated until the end of the applicable Period of Restriction . (d) Other Restrictions . The Administrator, in its sole discretion, may impose such other restrictions on Shares of Restricted Stock as it may deem advisable or appropriate . (e) R em ov a l of R e s t r ic t i on s . E x ce pt a s o t h e r w i se prov i d e d i n t h i s S e c ti on 8 , Sh a r e s of Restricted Stock covered by each Restricted Stock grant made under the Plan will be released from escrow as soon as practicable after the last day of the Period of Restriction or at such other time as the Administrator may determine . The Administrator, in its discretion, may accelerate the time at which any restrictions will lapse or be removed . (f) Voting Rights . During the Period of Restriction, Service Providers holding Shares of Restricted Stock granted hereunder may exercise full voting rights with respect to those Shares, unless the Administrator determines otherwise . (g) Dividends and Other Distributions . During the Period of Restriction, Service Providers holding Shares of Restricted Stock will be entitled to receive all dividends and other distributions paid with respect to such Shares, unless the Administrator provides otherwise . If any such dividends or distributions are paid in Shares, the Shares will be subject to the same restrictions on transferability and forfeitability as the Shares of Restricted Stock with respect to which they were paid . (h) Return of Restricted Stock to Company . On the date set forth in the Award Agreement, the Restricted Stock for which restrictions have not lapsed will revert to the Company and again will become available for grant under the Plan .

     

     

    

- 12 - 9. Restricted Stock Units . (a) Grant . Restricted Stock Units may be granted at any time and from time to time as determined by the Administrator . After the Administrator determines that it will grant Restricted Stock Units, it will advise the Participant in an Award Agreement of the terms, conditions, and restrictions related to the grant, including the number of Restricted Stock Units . (b) Vesting Criteria and Other Terms . The Administrator will set vesting criteria in its discretion, which, depending on the extent to which the criteria are met, will determine the number of Restricted Stock Units that will be paid out to the Participant . The Administrator may set vesting criteria based upon the achievement of Company - wide, business unit, or individual goals (including, but not limited to, continued employment or service), or any other basis determined by the Administrator in its discretion . (c) Earning Restricted Stock Units . Upon meeting the applicable vesting criteria, the Participant will be entitled to receive a payout as determined by the Administrator . Notwithstanding the foregoing, at any time after the grant of Restricted Stock Units, the Administrator, in its sole discretion, may reduce or waive any vesting criteria that must be met to receive a payout . (d) Form and Timing of Payment . Payment of earned Restricted Stock Units will be made as soon as practicable after the date(s) determined by the Administrator and set forth in the Award Agreement . The Administrator, in its sole discretion, may settle earned Restricted Stock Units in cash, Shares, or a combination of both . (e) Rights as a Shareholder . A grantee shall not have any rights as a shareholder of the Company until and unless the grantee is issued Shares upon settlement of Restricted Share Units ; provided, however, that the grantee may be credited with Dividend Equivalent Rights with respect to the units underlying his or her Restricted Share Units, subject to such terms and conditions as the Administrator may determine . (f) Cancellation . On the date set forth in the Award Agreement, all unearned Restricted Stock Units will be forfeited to the Company . 10. Cash - Based Incentive Awards . The Administrator may grant Cash - Based Incentive Awards under the Plan . A Cash - Based Incentive Award is an Award that entitles the grantee to a payment in cash upon the attainment of specified performance goals . The Administrator shall determine the maximum duration of the Cash - Based Incentive Award, the amount of cash to which the Cash - Based Incentive Award pertains, the conditions upon which the Cash - Based Incentive Award shall become vested or payable, and such other provisions as the Administrator shall determine . Each Cash - Based Incentive Award shall specify a cash - denominated payment amount, formula or payment ranges as determined by the Administrator . Payment, if any, with respect to a Cash - Based Incentive Award shall be made in accordance with the terms of the Award and may be made in cash . 11. Compliance With Code Section 409 A . Awards will be designed and operated in such a manner that they are either exempt from the application of, or comply with, the requirements of Code Section 409 A, except as otherwise determined in the sole discretion of the Administrator . The Plan and each Award Agreement under the Plan is intended to meet the requirements of Code Section 409 A and will be construed and interpreted in accordance with such intent, except as otherwise determined

     

     

    

- 13 - in the sole discretion of the Administrator . To the extent that an Award or payment, or the settlement or deferral thereof, is subject to Code Section 409 A the Award will be granted, paid, settled or deferred in a manner that will meet the requirements of Code Section 409 A, such that the grant, payment, settlement or deferral will not be subject to the additional tax or interest applicable under Code Section 409 A . 12. Leaves of Absence/Transfer Between Locations . Unless the Administrator provides otherwise, vesting of Awards granted hereunder will be suspended during any unpaid leave of absence . For the purposes of the Plan, a Participant will not cease to be an Employee in the case of (i) any leave of absence approved by the Company or (ii) transfers between locations of the Company . For purposes of Incentive Stock Options, no such leave may exceed three ( 3 ) months, unless reemployment upon expiration of such leave is guaranteed by statute or contract . If reemployment upon expiration of a leave of absence approved by the Company is not so guaranteed, then six ( 6 ) months following the first ( 1 st ) day of such leave, any Incentive Stock Option held by the Participant will cease to be treated as an Incentive Stock Option and will be treated for tax purposes as a Nonstatutory Stock Option . 13. Transfer of Awards or Shares . Unless determined otherwise by the Administrator, Awards may not be sold, pledged, assigned, hypothecated, or otherwise transferred in any manner other than by will or by the laws of descent and distribution, and may be exercised, during the lifetime of the Participant, only by the Participant (or legal representative or guardian, in the event of the Participant’s incapacity) . 14. Adjustments; Dissolution or Liquidation; Merger or Change in Control . (a) Adjustments . In the event that any dividend or other distribution (whether in the form of cash, Shares, other securities, or other property), recapitalization, stock split, reverse stock split, reorganization, merger, consolidation, split - up, spin - off, combination, repurchase, or exchange of Shares or other securities of the Company, or other change in the corporate structure of the Company affecting the Shares occurs, the Administrator, in order to prevent diminution or enlargement of the benefits or potential benefits intended to be made available under the Plan, will adjust the number and class of shares of stock that may be delivered under the Plan and/or the number, class, and price of shares of stock covered by each outstanding Award . (b) Dissolution or Liquidation . In the event of the proposed dissolution or liquidation of the Company, the Administrator will notify each Participant as soon as practicable prior to the effective date of such proposed transaction . To the extent it has not been previously exercised, an Award will terminate immediately prior to the consummation of such proposed action . (c) Change in Control . In the event of a Change in Control, each outstanding Award will be treated as the Administrator determines (subject to the provisions of the following paragraph) without a Participant’s consent . Such treatment may include, without limitation, that (i) Awards will be assumed, or substantially equivalent Awards will be substituted, by the acquiring or succeeding corporation (or an affiliate thereof) with appropriate adjustments as to the number and kind of shares and prices ; (ii) upon written notice to a Participant, the Participant’s Awards will terminate upon or immediately prior to the consummation of such Change in Control ; (iii) outstanding Awards will vest and become exercisable, realizable, or payable, or restrictions applicable to an Award will lapse, in whole or in part prior to or upon consummation of such Change in Control, and, to the extent

     

     

    

- 14 - the Administrator determines, terminate upon or immediately prior to the effectiveness of such Change in Control ; (iv) the termination of an Award in exchange for an amount of cash and/or property, if any, equal to the amount that would have been attained upon the exercise of such Award or realization of the Participant’s rights as of the date of the occurrence of the transaction (and, for the avoidance of doubt, if as of the date of the occurrence of the transaction the Administrator determines in good faith that no amount would have been attained upon the exercise of such Award or realization of the Participant’s rights, then such Award may be terminated by the Company without payment) ; (v) the replacement of such Award with other rights or property selected by the Administrator in its sole discretion ; or (vi) any combination of the foregoing . In taking any of the actions permitted under this subsection 14 (c), the Administrator will not be obligated to treat all Awards similarly, including all Awards held by a Participant or all Awards of the same type . If an Option or Stock Appreciation Right is not assumed or substituted in the event of a Change in Control, the Administrator may, in its discretion, elect to accelerate all unvested Shares subject to Options or Stock Appreciation Rights that are not assumed or substituted, and, in any event, will notify the Participant in writing or electronically that the Option or Stock Appreciation Right will be exercisable for a period of time determined by the Administrator in its sole discretion, and the Option or Stock Appreciation Right will terminate upon the expiration of such period . For the purposes of this subsection 14 (c), an Award will be considered assumed if, following the Change in Control, the Award confers the right to purchase or receive, for each Share subject to the Award immediately prior to the Change in Control, the consideration (whether stock, cash, or other securities or property) received in the Change in Control by holders of Common Stock for each Share held on the effective date of the transaction (and if holders were offered a choice of consideration, the type of consideration chosen by the holders of a majority of the outstanding Shares) ; provided, however, that if such consideration received in the Change in Control is not solely common stock of the successor corporation or its Parent, the Administrator may, with the consent of the successor corporation, provide for the consideration to be received upon the exercise of an Option or Stock Appreciation Right or upon the payout of a Restricted Stock Unit, for each Share subject to such Award, to be solely common stock of the successor corporation or its Parent equal in fair market value to the per share consideration received by holders of Common Stock in the Change in Control . Notwithstanding anything in this Section 14 (c) to the contrary, an Award that vests, is earned or paid out upon the satisfaction of one or more performance goals will not be considered assumed if the Company or its successor modifies any of such performance goals without the Participant’s consent ; provided, however, a modification to such performance goals only to reflect the successor corporation’s post - Change in Control corporate structure will not be deemed to invalidate an otherwise valid Award assumption . Notwithstanding anything in this Section 14 (c) to the contrary, if a payment under an Award Agreement is subject to Code Section 409 A and if the change in control definition contained in the Award Agreement does not comply with the definition of “change of control” for purposes of a distribution under Code Section 409 A, then any payment of an amount that is otherwise accelerated under this Section will be delayed until the earliest time that such payment would be permissible under Code Section 409 A without triggering any penalties applicable under Code Section 409 A .

     

     

    

- 15 - 15. Tax Withholding . (a) Withholding Requirements . Prior to the delivery of any Shares or cash pursuant to an Award (or exercise thereof), the Company will have the power and the right to deduct or withhold, or require a Participant to remit to the Company, an amount sufficient to satisfy federal, state, local, foreign or other taxes (including the Participant’s FICA obligation) required to be withheld with respect to such Award (or exercise thereof) . (b) Withholding Arrangements . The Board, in its sole discretion and pursuant to such procedures as the Administrator may specify from time to time, may permit a Participant to satisfy such tax withholding obligation, in whole or in part by (without limitation) (i) paying cash, (ii) electing to have the Company withhold otherwise deliverable Shares having a Fair Market Value equal to the minimum statutory amount required to be withheld, (iii) delivering to the Company already - owned Shares having a Fair Market Value equal to the statutory amount required to be withheld, provided the delivery of such Shares will not result in any adverse accounting consequences, as the Administrator determines in its sole discretion, or (iv) selling a sufficient number of Shares otherwise deliverable to the Participant through such means as the Administrator may determine in its sole discretion (whether through a broker or otherwise) equal to the amount required to be withheld . The amount of the withholding requirement will be deemed to include any amount which the Administrator agrees may be withheld at the time the election is made, not to exceed the amount determined by using the maximum federal, state or local marginal income tax rates applicable to the Participant with respect to the Award on the date that the amount of tax to be withheld is to be determined . The Fair Market Value of the Shares to be withheld or delivered will be determined as of the date that the taxes are required to be withheld . 16. No Effect on Employment or Service . Neither the Plan nor any Award will confer upon a Participant any right with respect to continuing the Participant’s relationship as a Service Provider with the Company, nor will they interfere in any way with the Participant’s right or the Company’s right to terminate such relationship at any time, with or without cause, to the extent permitted by Applicable Laws . 17. Clawback/Repayment . All Awards shall be subject to reduction, cancellation, forfeiture or recoupment to the extent necessary to comply with (i) any clawback, forfeiture or other similar policy adopted by the Board or the Committee and as in effect from time to time ; and (ii) Applicable Law . Further, unless otherwise determined by the Committee, to the extent that the Participant receives any amount in excess of the amount that the Participant should otherwise have received under the terms of the Award for any reason (including, without limitation, by reason of a financial restatement, mistake in calculations or other administrative error), the Participant shall be required to repay any such excess amount to the Company . 18. Date of Grant . The date of grant of an Award will be, for all purposes, the date on which the Administrator makes the determination granting such Award, or such other later date as is determined by the Administrator . Notice of the determination will be provided to each Participant within a reasonable time after the date of such grant . 19. Term of Plan . Subject to Section 23 of the Plan, the Plan will become effective upon its adoption by the Board . Unless sooner terminated under Section 20 , it will continue in effect for a

     

     

    

- 16 - term of ten ( 10 ) years from the later of (a) the effective date of the Plan, or (b) the earlier of the most recent Board or stockholder approval of an increase in the number of Shares reserved for issuance under the Plan . 20. Amendment and Termination of the Plan . (a) Amendment and Termination . The Board may at any time amend, alter, suspend or terminate the Plan . (b) Stockholder Approval . The Company will obtain stockholder approval of any Plan amendment to the extent necessary and desirable to comply with Applicable Laws . (c) Effect of Amendment or Termination . No amendment, alteration, suspension or termination of the Plan will impair the rights of any Participant, unless mutually agreed otherwise between the Participant and the Administrator, which agreement must be in writing and signed by the Participant and the Company . Termination of the Plan will not affect the Administrator’s ability to exercise the powers granted to it hereunder with respect to Awards granted under the Plan prior to the date of such termination . 21. Conditions Upon Issuance of Awards . Awards will not be granted unless the grant of such Award will comply with Applicable Laws . As a condition of the grant of an Award, the Company may require the person to whom such Award is granted to represent and warrant at the time of such grant that the grant to such person is permitted under Applicable Laws . 22. Conditions  Upon Issuance of Shares . (a) Legal Compliance . Shares will not be issued pursuant to the exercise of an Award unless the exercise of such Award and the issuance and delivery of such Shares will comply with Applicable Laws and will be further subject to the approval of counsel for the Company with respect to such compliance . (b) Investment Representations . As a condition to the exercise of an Award, the Company may require the person exercising such Award to represent and warrant at the time of any such exercise that (i) the Shares are being purchased only for investment and without any intention to sell or distribute, or offer to sell or distribute, such Shares if, in the opinion of counsel for the Company, such a representation is required and (ii) the purchase of Shares is permitted under Applicable Laws . 23. Inability to Obtain Authority . The inability of the Company to obtain authority from any regulatory body having jurisdiction, which authority is deemed by the Company’s counsel to be necessary to the lawful issuance and sale of any Shares hereunder, will relieve the Company of any liability in respect of the failure to issue or sell such Shares as to which such requisite authority will not have been obtained . 24. Stockholder Approval . The Plan will be subject to approval by the stockholders of the Company within twelve ( 12 ) months after the date the Plan is adopted by the Board . Such stockholder approval will be obtained in the manner and to the degree required under Applicable Laws .

     

     

    

- 17 - 25 . . Governing Law . The Plan shall be governed by and construed in accordance with the internal laws of the British Virgin Islands applicable to contracts made and performed wholly within the State of Connecticut, without giving effect to the conflict of laws provisions thereof . EACH PARTICIPANT WHO ACCEPTS AN AWARD IRREVOCABLY WAIVES ALL RIGHT TO A TRIAL BY JURY IN ANY SUIT, ACTION, OR OTHER PROCEEDING INSTITUTED BY OR AGAINST SUCH PARTICIPANT IN RESPECTOF THE PARTICIPANT’S RIGHTS OR OBLIGATIONS HEREUNDER .Exhibit 4.3

 

[***]
Certain information in this document has been omitted from this exhibit because it is both (i) not material and (ii) would be competitively
harmful if publicly disclosed.

 

SUBSCRIBER
AGREEMENT

 

This
Subscriber Agreement (hereinafter “Agreement”) is entered into on 1st February, 2021 (“Execution
Date”) at Delhi and shall be effective from 1st October, 2020 (“Effective Date”).

 

By
and between

 

InterGlobe
Technology Quotient Private Limited, a company incorporated under the Companies Act 1956, having its registered office at 3rd Floor,
Dr. Gopal Das Bhawan, 28 Barakhamba Road New Delhi – 110001, Delhi, India and operational office at 6th Floor, Tower 6, Candor
Techspace, Sector 48, Tikri (SEZ), Gurugram – 122018, Haryana, India (hereinafter called “ITQPL”, which expression
shall unless repugnant to the context or meaning hereof, mean and include its successors and assignees) of the One Part;

 

And

 

Yatra
Online Private Ltd., a company incorporated under the Companies Act 1956, having its registered office at B2, 101, First Floor, Marathon
Innova, Marathon Nextgen Complex, Off. Ganpatrao Kadam Marg, Lower Parel West, Mumbai – 400013, Maharashtra and its Affiliates
(hereinafter referred to as “Yatra”) through its authorised signatory Mr. Dhruv Shringi, CEO, of the Other Part.

 

ITQPL
and Yatra shall be jointly referred to as “Parties” and individually referred to as the “Party”.

 

DEFINITIONS:

 

“Affiliate”
means in the case of any entity, a second entity which (i) has direct or indirect Control of the first entity; or (ii) is directly or
indirectly Controlled by the first entity; or (iii) is under direct or indirect common Control with the first entity; or (iv) in any
other case, an entity Controlled by a Party/Parties to this Agreement. In all such cases the first and second entities are considered
as Affiliates. “Control” means control in any manner whatsoever that results in control in fact, whether directly
through the ownership of securities or indirectly through a trust, agreement or arrangement, the ownership of, or the power to direct
or cause the direction of, any body corporate or otherwise and “Controlled” and “Controlling” shall
have a corresponding meaning. However, for the purpose of this Agreement Affiliate shall not include Yatra For Business Private Limited
(formerly known as Air Travel Bureau Limited) which is a wholly owned subsidiary of Yatra.

 

WHEREAS:

 

	1.	Yatra
    inter-alia owns and operates an online travel portal at URL www.yatra.com (“Website”) whereby various web-based
    services including airline ticket reservation, hotel reservations, bus reservations, etc, are provided;

 

    	ITQPL	1	Yatra
	Signature	 	Signature

     

    

 

	2.	A
    company called Travelport International Operations Limited (“Travelport”) owns and operates a Global Distribution
    System (GDS) called “Galileo System” worldwide and has appointed ITQPL to distribute Galileo System to travel agents.
	 	 
	3.	Yatra
    wants to have access to reservation functionality and ITQPL has agreed to provide the access to Galileo System to Yatra, subject
    to the terms and conditions set out herein.

 

NOW
THIS AGREEMENT WITNESSETH AS UNDER:

 

	1.	scope
    OF THIS AGREEMENT
	 	 
	1.1	From
    the Effective Date, Yatra shall use the Galileo System as its GDS and generate on the Galileo System, the Target Segments (as defined
    hereinafter), for all its operations in India, every year or part thereof during the Term of this Agreement.
	 	 
	2.	OBLIGATIONS
    OF PARTIES
	 	 
	2.1	OBLIGATIONS
    OF ITQPL:
	 	 
	 	In
    accordance with and subject to the terms and conditions of this Agreement:
	 	 	 
	 	a.	Galileo
    System: ITQPL shall provide to Yatra access to Galileo System via software products listed in Schedule A and such other software
    products as may be provided by ITQPL to Yatra from time to time (“Software”) solely for the purpose of using the
    Galileo System for obtaining information about schedules, fares, seat availability, etc. and other services of vendors and for making
    bookings that are not abusive, speculative, fictitious or duplicative. ITQPL reserves the right to impose a fee and any additional
    terms and conditions, as mutually agreed between the Parties hereto, for any new Software or products or services proposed to be
    provided to Yatra by ITQPL. ITQPL shall be entitled to collect such a fee via a deduction from the Loyalty Incentives payable in
    terms of this Agreement.
	 	 	 
	 	b.	Software
    Updation: ITQPL may, from time to time, provide new releases, enhancements or modifications of the Software and Yatra shall install
    such new releases, enhancements or modifications and implement the same within 30 business days of delivery of the same by ITQPL
    or such other extended time as mutually agreed between the Parties.
	 	 	 
	 	c.	Installation
    and Maintenance of Software: At Yatra’s request, ITQPL (or its appointed sub-contractors) will install the Software at
    location(s) specified by Yatra to enable Yatra to do bookings using the Galileo System. Upon completion of such installation, Yatra
    shall be deemed to have accepted such Software. ITQPL will make commercially reasonable efforts to provide an uptime guarantee of
    99.5 % of Galileo System on a monthly basis.

 

    	ITQPL	2	Yatra
	Signature	 	Signature

     

    

 

	2.2	OBLIGATIONS
    OF YATRA
	 	 	 
	 	In
    accordance with and subject to the terms and conditions of this Agreement:
	 	 	 
	 	a.	From
    the Effective Date, Yatra agrees and undertakes to use the Galileo System as its GDS and generate Target Segments (as defined hereinafter)
    on the Galileo System, in each year or part thereof during the Term of this Agreement.
	 	 	 
	 	b.	Yatra
    hereby acknowledges that Galileo System is owned and operated by Travelport and ITQPL is only an authorised distributor of Galileo
    System to Yatra and not an agent of Travelport and Yatra shall have no recourse whatsoever under this Agreement against Travelport
    or its Affiliates.
	 	 	 
	 	c.	Yatra
    shall not without the prior written consent of ITQPL (i) modify, enhance or make copies of the whole or any part of the Software;
    or (ii) permit the whole or any part of the Software to be combined with or incorporated in any other computer program or software;
    or (iii) reverse compile or adapt the whole or any part of the Software.
	 	 	 
	 	d.	Yatra
    acknowledges that the Galileo System and the Software shall at all times be under the ownership of Travelport and ITQPL has only
    licensed the use of the Software to Yatra as per the terms of this Agreement. Yatra shall take all precautions to prevent any unauthorised
    use of the Galileo System and the Software, and any user sign-on identity assigned to Yatra.
	 	 	 
	 	e.	Yatra
    shall maintain and use appropriate and up-to-date virus protection procedures and software, including if any requested or provided
    by ITQPL and shall establish and maintain reasonable safeguards against the destruction, loss or unauthorized alteration of the Galileo
    System and the Software, and shall institute reasonable security and disaster recovery procedures and keep ITQPL indemnified in this
    regard.
	 	 	 
	 	f.	Yatra
    agrees to access the principal display, i.e. a comprehensive neutral display of data concerning air services (and rail carriers where
    applicable) between city-pairs within a specified time period, for each individual transaction involving air carriers or rail carriers,
    as applicable, and agrees not to manipulate data supplied by the Galileo System in a manner that would result in the inaccurate,
    misleading or discriminating presentation of information to its customers.
	 	 	 
	 	g.	Yatra
    shall not intentionally make any flight, hotel, rail, cruise, rental car or other reservation on the Galileo System without a specific
    customer request made in good faith and shall not make any reservations which are abusive, speculative, fictitious or duplicative.
	 	 	 
	 	h.	Yatra
    shall comply with all regulations of the International Air Transport Association “IATA” including the Billing and Settlement
    Plan, and other travel industry, governmental and regulatory laws, regulations and rules relevant to this Agreement.

 

    	ITQPL	3	Yatra
	Signature	 	Signature

     

    

 

	 	i.	Both
    Parties shall indemnify the other Party in respect of any direct loss or damage which the Party being indemnified incurs as a result
    of a failure by the indemnifying Party to comply with any provisions of this Agreement.
	 	 	 
	 	j.	Yatra
    may make live test bookings by using the Galileo System, provided that such bookings are cancelled promptly thereafter.
	 	 	 
	 	k.	Yatra
    hereby grants to ITQPL the non-exclusive right to use, from the Effective Date, Yatra’s name, logo, and marks in promotional
    and marketing materials (e.g. sales presentation, customer newsletters) of ITQPL and/or its affiliates.

 

	3.	TARGET
    SEGMENTS:
	 	 
	3.1	With
    effect from the Effective Date, Yatra agrees and undertakes to achieve following Target Segments:
	 	 	 
	 	i.	Yatra
    agrees and undertakes to generate on the Galileo System minimum [***]% ([***] percent) Segments out of the total Segments
    transacted by Yatra from all its operations in India, in each quarter or part thereof from the Effective Date till the conclusion
    of the Term of this Agreement (“Percentage Target Segments”).
	 	 	 
	 	Marketing
    Information Data Tapes (MIDT) provided by Travelport to ITQPL will be used to measure the Percentage Target Segments achieved by
    Yatra; and
	 	 	 
	ii.	Yatra
    agrees and undertakes to generate on the Galileo System minimum Segments, in each contract year or period, as mentioned below (“Yearly
    Target Segments”):

 

	Contract
    year/period	 	Minimum
    Segments
	Oct’20-March’21	 	No
    Target
	Contract
    Year (Apr’21-Mar’22)	 	[***]
	Contract
    Year (Apr’22-Mar’23)	 	[***]
	Total	 	[***]

 

Percentage
Target Segments and Yearly Target Segments are collectively referred to as “Target Segments” provided the achievement
of Target Segments shall be proportionately reduced if the content is not available on Galileo System for any reason what so ever and
in the event of such reduction the Signup Bonus shall also be proportionately reduced in same manner as Target Segments. However Yatra
shall communicate ITQPL in writing for such bookings on a monthly basis immediately after the end of that particular month.

 

    	ITQPL	4	Yatra
	Signature	 	Signature

     

    

 

	3.2	Segment:
    A Segment means booking for either (i) travel of one passenger over one leg of a journey on a direct flight operated by a single
    aircraft under a single flight number; or (ii) a non-air booking for car, railways, bus or hotel.
	 	 
	 	For
    calculations of Segments under this Agreement:
	 	 	 
	 	a.	only
    active and confirmed segments shall be included;
	 	b.	unproductive
    bookings (HX, UN, NO, UC) shall be excluded;
	 	c.	segments
    that are passive, ghost, abusive, speculative, fictitious or duplicative shall be excluded;
	 	d.	segments
    of ‘Direct Payment Carriers’ and ‘non-BSP Airlines’ aggregated into the ‘Air Content Hub’ of
    the Software provided by ITQPL to Yatra, shall be excluded          ;
	 	e.	segments
    of domestic and international low cost carriers (LCC) shall be excluded, unless specifically included by written mutual consent of
    the Parties;
	 	 	 
	 	For
    calculations of Target Segments under this Agreement, the following segments shall be included:
	 	 	 
	 	a.	segments
    that could not be booked on Galileo System when it was not functioning due to any reason, provided Yatra has provided notice to ITQPL
    of such non-functioning of Galileo System and submits documentary proof of number of such segments transacted on other GDS to ITQPL;
	 	b.	segments
    where ITQPL is not paid any booking fees due to reasons that are outside the control of ITQPL and ITQPL does not pay any Loyalty
    Incentives to Yatra for such Segments.
	 	 	 
	 	For
    calculations of Target Segments under this Agreement, the non-air Segments shall be excluded.
	 	 	 
	3.3 	 Yatra shall be responsible for achieving both, the Percentage Target Segments as well as the Yearly Target Segments as provided hereinabove, during the Term of this Agreement. On Yatra’ s request due to pandemic situation ITQPL agrees to provide relaxation of maximum one year period by extending the Term of the Agreement for achieving the shortfall, if any in the aggregate Yearly Target Segments of [***] Segments. In the event of such shortfall, the Term shall mandatorily extend till [***] (“Extended Term”) such that the aggregate minimum Yearly Target Segments of [***] should be achieved by Yatra before the expiry of the Extended Term. Yatra shall be responsible for achieving both, the Percentage Target Segments as well as the shortfall in Yearly Target Segments during Extended Term.
	 	 	 
	4.	 CONSIDERATION & TAXES
	 	 	 
	4.1 	 In consideration of promises and commitments provided by Yatra in the Agreement and in consideration of the performance of Yatra’s obligations contained in the Agreement, ITQPL agrees to pay Loyalty Incentives to Yatra and make payment of Sign Up Bonus.

 

    	ITQPL	5	Yatra
	Signature	 	Signature

     

    

 

	4.2 	Calculation
    of Loyalty Incentives: The amount of incentives payable to Yatra shall be calculated by multiplying the actual number of Segments
    booked by Yatra on the Galileo System in that quarter by the following applicable rate (“Loyalty Incentives”):

 

	Type
    of Airline Segments	 	Loyalty Incentives Per Segment

                                                                                (INR equivalent)

	All
    Airlines International Segments except as specifically mentioned	 	USD
    [***]
	AI
    International Segments	 	USD
    [***]
	AI
    Domestic Segments	 	USD
    [***]
	OD
    Segments	 	USD
    [***]
	PK
    Segments	 	USD
    [***]
	UK
    Domestic Segments	 	USD
    [***]
	Non-air
    Segments	 	USD
    [***]

 

	4.3	Payment
    of Loyalty Incentives: The Loyalty Incentives shall be paid by ITQPL on a quarterly basis, against invoice from Yatra, subject
    to withholding of taxes, as applicable. Notwithstanding anything contained in this Agreement, in the event that ITQPL is not paid
    any booking fees for any Segments due to reasons that are outside the control of ITQPL, then ITQPL shall not pay any Loyalty Incentives
    to Yatra for such Segments; provided that ITQPL provides documentary proof for the same. Dollar rate settlement shall be done as
    per the SBI TT Buying rate prevailing on the last day of the quarter for which the Loyalty Incentives are being paid. The Loyalty
    Incentives under this Agreement for the period from 1st October 2020 to 31st March 2021 will be paid to Yatra
    based on the condition of achieving the Percentage Target Segment during such period. In case of failure to achieve Percentage Target
    Segment during such period, Yatra will not be entitled for the Loyalty Incentives for such period only.
	 	 
	4.4	Upfront
    Advance: On the request of Yatra and on the strict condition and undertaking that Yatra shall use the Galileo System in accordance
    with the terms of this Agreement and that it shall achieve the Target Segments, ITQPL agrees to pay, an upfront advance of INR [***]
    (INR [***]) to Yatra. The Upfront Advance amount shall be set off against the Productivity Incentive payments, sign up
    bonus and annual loyalty bonus to be made by ITQPL, till such time that the entire Upfront Advance is adjusted and only thereafter
    shall Yatra be eligible to receive payments from ITQPL.
	 	 
	4.5	Sign
    Up Bonus: On the strict condition and undertaking that Yatra shall use Galileo System and achieve Target Segments as provided
    in Clause 3.1(ii) of this Agreement, ITQPL agrees to pay sign up bonus of USD [***] (US Dollars [***]) to Yatra in
    two instalments of USD [***] (US Dollars [***]) per contract year during the Term of the Agreement (“Sign
    Up Bonus”). Sign Up Bonus will be payable at end of each contract year during the Term on achievement of Target Segments
    and Percentage Target Segments. However, in the event Yatra achieves such shortfall of Target Segment in the subsequent year(s) by
    generating additional Segments such that cumulative percentage of Segments achieved on Galileo System for all the years starting
    from the Effective Date till the Extended Term is equal to the Target Segments, then ITQPL shall pay such amount in the year in which
    cumulative percentage of segments is achieved by Yatra.

 

Note:
Dollar rate settlement for payment of Sign Up Bonus shall be done as per the SBI TT Buying rate prevailing on the last day of the previous
quarter in which the payments are being paid.

 

    	ITQPL	6	Yatra
	Signature	 	Signature

     

    

 

	4.6	Failure
    to achieve Yearly Target Segments & Percentage Target Segments: In the event that Yatra fails to achieve the Yearly Target
    Segments in any contract year(s), ITQPL shall have right to deduct an amount of [***] ( [***])per Segment for short
    fall Segments, from the Loyalty Incentives payable by ITQPL to Yatra. Further, in the event that Yatra fails to achieve the Percentage
    Target Segments in any contract year(s), ITQPL shall have the right to reduce the Loyalty Incentives per segment by such shortfall
    percentage. In addition to the aforesaid and in the event of failure by Yatra to achieve the Target Segments in any year during the
    Term and/or Extended Term, ITQPL shall also have the right to recover (including set-off/adjustment from the Upfront Advance) from
    Yatra an amount of USD [***] (US Dollars [***]), which amount Yatra acknowledges to be in receipt from ITQPL under
    separate arrangement/agreement.
	 	 
	4.7	Yatra
    agrees that the deductions/recovery mentioned in Clause 4.6 above are genuine pre-estimate of losses that would be suffered by ITQPL
    owing to Yatra not achieving the Target Segments and are in the nature of liquidated damages. Yatra undertakes not to dispute or
    protest the adjustment/recovery made by ITQPL from the Loyalty Incentives/Upfront Advance payable by ITQPL to Yatra on account of
    deductions/set-off made thereunder.
	 	 
	4.8	Annual
    Loyalty Bonus: In addition to the Sign Up Bonus, ITQPL undertakes to pay additional Annual Loyalty Bonus, in the event Yatra
    achieves following Segment threshold during the corresponding contract year(s):

 

	Contract
    Year	 	Segment
    Threshold (excluding non-air Segments)	 	Annual
    Loyalty Bonus (INR equivalent)
	April
    2021 – March 2022 	 	[***]	 	USD
    [***]
	April
    2022 – March 2023	 	[***]	 	USD
    [***]

 

Note:
Dollar rate settlement for payment of Annual Loyalty Bonus shall be done as per the SBI TT Buying rate prevailing on the last day of
the previous quarter in which the payments are being paid.

 

    	ITQPL	7	Yatra
	Signature	 	Signature

     

    

 

	4.9	Term
    Productivity Bonus: In addition to the Sign Up Bonus and the Annual Productivity Bonus, ITQPL undertakes to pay an amount in
    INR equivalent of USD [***] (US Dollars [***]) (INR equivalent shall be determined at the prevailing forex rate on
    the date of payment) at the time when Yatra has generated total [***] ([***]) Segments or more till [***].
	 	 
	4.10	Addition/Deletion
    of a Airline: Parties agree that in the event that a domestic airline begins/ resumes/suspends its participation in the Galileo
    System after the Effective Date, and in respect of which ITQPL receives booking fees, the Parties shall negotiate in good faith,
    the Loyalty Incentive rate for segments generated with respect to such additional airline. No Loyalty Incentives shall be paid for
    such segments unless the Parties conclude their negotiations and reduce their understanding in writing. However, such segments will
    be counted as Segments only when a commercial understanding has been agreed between the Parties. It is clarified that in the event
    such segments are not counted as Segments the Percentage Target Segments of [***]% as contained in Clause 3(1)(i) hereof shall
    be proportionately adjusted and reduced accordingly.
	 	 
	4.11	Security
    Deposit: In consideration of the ITQPL’s obligations as enumerated under the Agreement and Yatra undertaking to generate
    Target Segments herein using the Galileo System, ITQPL agrees to pay to Yatra an amount of INR [***] (Rupees [***])
    as interest free refundable security deposit (“Security Deposit”). Upon the expiry or the termination of this
    Agreement, Yatra shall return the Security Deposit to ITQPL within 5 days of such expiry or termination.
	 	 
	4.12	Taxes:
    All payments by ITQPL to Yatra under this Agreement will be subject to applicable withholding taxes which will be fully borne
    by Yatra. ITQPL will arrange to issue the prescribed withholding tax certificate. It is hereby agreed that all payments by ITQPL
    to Yatra under this Agreement or otherwise are all inclusive and applicable taxes, if any, including but not limited to value add,
    transaction, usage, custom and goods and services tax which shall be entirely borne and paid by Yatra, and ITQPL will have no liability
    towards any taxes whatsoever. Yatra shall submit all the invoices in conformity with the requirements of The Central Goods and Service
    Tax Act, 2017 (as amended from time to time) at ITQPL’s office located at 6th Floor, Tower 6, Candor Techspace, Sector 48,
    Tikri (SEZ), Gurugram – 122018, Haryana, India and shall also bear ITQPL’s[***].
	 	 
	5.	LIMITED
    LIABILITY:
	 	 
	5.1	Except
    as may be specifically provided by ITQPL in this Agreement, ITQPL makes no further representation or warranty regarding the Galileo
    System or its performance or the accuracy or reliability of Software and/or information provided to Yatra and the same are made available
    to Yatra on an ‘as is’ basis, and Yatra hereby releases and waives any claims against ITQPL concerning the Software and/or
    information or the accuracy or reliability thereof.
	 	 
	5.2	In
    no event will either Party be liable for any damages resulting from, (i) loss of data or use, loss of revenue, loss of profits, loss
    of contracts, loss of anticipated savings, loss of goodwill or third party claims; or (ii) any losses or damages that are indirect
    or secondary consequences of any act or omission of the Parties, or their employees, representatives or sub-contractors, whether
    such losses or damages were reasonably foreseeable or actually foreseen.

 

    	ITQPL	8	Yatra
	Signature	 	Signature

     

    

 

	5.3	Either
    Party hereby excludes any liability of any kind relating to any problems of whatever nature, which has been caused by other Party’s
    failure to comply with its obligations under this Agreement.
	 	 
	6.	PROPRIETARY
    RIGHTS AND DATA PROTECTION:
	 	 
	6.1	Yatra
    agrees and acknowledges that it does not, by virtue of this Agreement, acquire any Intellectual Property Rights, proprietary rights
    or other rights in or to: (i) the Galileo System and the data stored in or accessed via the Galileo System; or (ii) any software,
    documentation, trademarks or service marks of ITQPL or provided by ITQPL; or (iii) any related materials used in connection with
    the Galileo System. ‘Intellectual Property Rights’ means copyright and all other intellectual property rights,
    including, without limitation, patents, trademarks, service marks, designs, domain names, database rights (whether registered or
    unregistered) and any other similar protected rights in any country.
	 	 
	6.2	ITQPL
    represents that Galileo System is owned and operated by Travelport and that all the Intellectual Property Rights, proprietary rights
    or other rights in or to the Galileo System and any software, documentation, trademarks or service marks and any related materials
    used in connection with the Galileo System are owned by Travelport.
	 	 
	7.	TERM
    AND TERMINATION:
	 	 
	7.1	This
    Agreement shall come into effect from the Effective Date and shall remain in full force and effect till March 31, 2023 (“Term”).
    The Term may get automatically extended in accordance with clause 3.3 of the Agreement. Upon the expiration of the Term or Extended
    Term (latter will follow in case of automatic extension by virtue of clause 3.3), both the Parties shall negotiate, in good faith,
    the terms of renewal of the Agreement.
	 	 
	7.2	Either
    Party shall have right to forthwith terminate this Agreement with immediate effect by giving written notice to the other Party, if
    the other Party ceases or threatens to cease to carry on business or if the other Party goes into liquidation (except for the purposes
    of amalgamation or reconstruction and so that the resulting company effectively agrees to be bound by or assume the obligations imposed
    under this Agreement).
	 	 
	7.3	ITQPL
    shall have a right to terminate this Agreement in the event Yatra is in breach of any major terms and conditions of this Agreement
    and Yatra fails to rectify such breach (to the reasonable satisfaction of ITQPL) within 30 (thirty) days of ITQPL providing written
    notice of such breach. In the event of termination of this Agreement by ITQPL under this Clause, Yatra shall be obliged to pay to
    ITQPL, as liquidated damages, unadjusted Upfront Advance, entire Sign Up Bonus and proportionate Annual Loyalty Bonus paid by ITQPL
    to Yatra till the date of such termination, together with interest @ [***]% per annum. Yatra agrees that this is a genuine
    pre-estimate of losses that would be suffered by ITQPL owing to Yatra committing breach of this Agreement and are in the nature of
    liquidated damages.

 

    	ITQPL	9	Yatra
	Signature	 	Signature

     

    

 

	7.4	Consequences
    of Termination: Upon the termination of this Agreement for any reason:
	 	 	 
	 	i.	Yatra
    shall immediately stop accessing the Galileo System and representing itself as being connected with the Galileo System in any way;
    and
	 	ii.	any
    sum owing by either Party to the other pursuant to this Agreement shall be immediately payable including but not limited to refund
    of Security Deposit by Yatra.
	 	 	 
	8.	REPRESENTATION
    AND WARRANTIES
	 	 	 
	8.1	 Each Party represents, warrants and undertakes to the other Party as follows:
	 	 	 
	 	a.	the
    Party has the capacity and authority to enter into this Agreement;
	 	b.	the
    persons executing this Agreement on behalf of the Party have been duly authorized to do so;
	 	c.	this
    Agreement and the obligations created hereunder are binding upon the Party and enforceable against the Party in accordance with their
    terms and do not and will not violate any judgment or court order, by which the Party is bound;
	 	d.	there
    is no proceeding pending which to the Party’s knowledge, challenges or may have a material adverse impact on this Agreement
    or the ability of the Party to perform its obligations pursuant to this Agreement; and
	 	e.	it
    has not withheld any information which is required for effective performance of the contractual obligations under this Agreement
    and that information’s provided to the other Party by the Party are complete, true and accurate to the best of its knowledge
    and belief.
	 	 	 
	8.2	Yatra
    represents, warrants and undertakes that, from the Effective Date, this Agreement and the obligations created hereunder will not
    violate terms of any other agreement, which may have an adverse impact on the ability of Yatra to perform all its obligations under
    this Agreement, including those set out in Clauses 1, 2 and 3 of this Agreement;
	 	 
	8.3	Each
    Party acknowledges that the other Party has entered into this Agreement in reliance on the representations, warranties and undertakings
    set out.
	 	 
	9.	MATERIAL
    REVENUE CHANGE
	 	 
	9.1	In
    the event of any change to the participation fee received by ITQPL, which would result in an annualized average booking fee revenue
    decrease to ITQPL of [***]% or more (“Fee Change”), the Parties will use best efforts to negotiate appropriate
    modifications to the Loyalty Incentives payable under this Agreement. ITQPL will notify Yatra of the proposed Fee Change by issuing
    a prior written notice of 30 days along with documentation supporting the proposed Fee Change to Yatra. The Parties shall, within
    the aforementioned notice period (or otherwise as agreed to between the Parties in writing) execute an amendment to this Agreement
    evidencing the modifications to the Loyalty Incentives.

 

    	ITQPL	10	Yatra
	Signature	 	Signature

     

    

 

	9.2	During
    the period of negotiation of Fee Change in accordance with the above clause 9.1, ITQPL will continue to pay Loyalty Incentives as
    per the original rates specified under Clause 4.2 of this Agreement.
	 	 
	10.	MISCELLANEOUS:
	 	 
	10.1	Assignment
    – Either Party may assign their respective obligations under this Agreement to any of its affiliate companies with intimation
    to and without the prior written consent of the other Party. Neither Party shall assign its rights and obligations to a third party
    without the prior written consent of the other Party.
	 	 
	10.2	Relationship
    – This Agreement is entered into on principal-to-principal basis and nothing in this Agreement shall create or be deemed
    to create, a joint venture, partnership, or the relationship of principal and agent, between the Parties.
	 	 
	10.3	Modification
    and Entire Agreement - This Agreement may not be modified except by an instrument in writing duly executed by or on behalf of
    the Parties. This Agreement supersedes any and all previous agreement or arrangement, letter of offer/intent etc. between the Parties
    or any of them relating to the subject matter of this Agreement.
	 	 
	10.4	Confidentiality
    - The Parties hereby agree not to disclose any terms of this Agreement and document or information exchanged between the Parties
    whether written or oral during the Term or any time thereafter, without the prior written consent of the other Party unless such
    disclosure is required by law or any regulatory authority.
	 	 
	10.5	Force
    Majeure – If the performance by either Party of any of its obligations under this Agreement is prevented or delayed by
    Force Majeure Event for a continuous period in excess of 30 days, the other Party shall be entitled to terminate this Agreement with
    immediate effect by giving written notice to the Party so affected. The Parties further agree that neither Party shall be discharged
    of its financial obligations towards the other Party upon the occurrence of a force majeure event.
	 	 
	10.6	Severability
    - If any provision of this Agreement is held by any court or other competent authority to be invalid or unenforceable in whole
    or in part or is so rendered by any applicable code, regulation or law, such provision or the relevant part of the affected provision,
    as the case may be, shall be deemed deleted without prejudice to the remainder of the affected provision and the remaining provisions
    of this Agreement.

 

    	ITQPL	11	Yatra
	Signature	 	Signature

     

    

 

	10.7	Notices
    - Any notice required or authorised by this Agreement to be given by either Party to the other must be in writing and may be
    delivered by hand or sent by pre-paid registered post; or sent by fax transmission to the other Party at the address or fax number
    appearing below, or to such other address or fax number as may be notified in writing by that other Party from time to time in accordance
    with this provision.

 

	For
                                            InterGlobe Technology Quotient Pvt. Ltd.

    Block
    2B, DLF Corporate Park, DLF City Phase III, M G Road, Gurgaon – 122 002

     

    With
    a copy to Chief Operating Officer at:

    6th
    Floor, Tower 6, Candor Techspace,

    Sector
    48, Tikri (SEZ), Gurugram – 122018, Haryana, India.
	 	For
                                            Yatra Online Private Limited

    Attention:
    Dhruv Shringi

    Gulf
    Adiba, 4th Floor, Plot No. 272, Udyog Vihar, Phase-II, Sector-20, Gurugram – 122008, Haryana, India

 

	10.8	Jurisdiction
    - This Agreement shall be governed by Indian law and the Parties irrevocably submit to the exclusive jurisdiction of the courts
    of Delhi.
	 	 
	10.9	Dispute
    Resolution -
	 	 	 
	 	i.	Any
    and all breaches, claims, disputes, questions or controversies involving the Parties hereto or arising out of or in connection with
    this Agreement, including its execution, interpretation, validity, scope, operation, performance, effect, breach or termination (collectively
    “Dispute”), shall be first referred to, by notice in writing, to their respective authorised persons:
	 	 	 
	 	 	●	For
    Yatra: Chief Executive Officer or any other authorized person.
	 	 	●	For
    ITQPL: Chief Operating Officer or any other authorized person.
	 	 	 	(jointly
    referred to as “Contract Managers”) for resolution.

 

	 	ii.	The
    Contract Managers shall negotiate in good faith to attempt to resolve such disputes within 15 days (or such other time as agreed
    in writing between the Parties) after it has been referred to them.
	 	iii.	Should
    the respective Contract Managers be unable to resolve any dispute in accordance with Clause 10.9(ii) above, then the Dispute shall
    be referred to and finally resolved by binding arbitration, under the Rules of Arbitration of the Delhi International Arbitration
    Centre (“DAC Rules”), which rules are deemed to be incorporated by reference into this Clause.
	 	iv.	The
    arbitration shall be held in New Delhi by a tribunal of 3 (three) arbitrators. Each Party shall appoint 1 (one) arbitrator and the
    arbitrators so appointed shall appoint the third arbitrator, appointed under the DAC Rules. The language of the arbitration shall
    be English. The procedural law of the arbitration shall be the Arbitration and Conciliation Act, 1996 as amended. The award of the
    arbitrator(s), including the apportionment of the expenses of the arbitration, shall be final and binding upon the Parties, and judgment
    upon the award rendered may be entered in any court of competent jurisdiction in Delhi.
	 	v.	The
    Parties hereto expressly understand and agree that the award made by the arbitral tribunal shall be the sole, exclusive, final and
    binding remedy regarding any and all Disputes presented to the arbitral tribunal.
	 	vi.	The
    Parties may bring court action to seek interim protection as per the relevant provisions of the Arbitration and Conciliation Act,
    1996 including without limitation the right to seek deposit during any dispute resolution/ arbitration.

 

	10.10	Survival:
    Any provision of this Agreement which by its nature survives termination shall continue in full force and effect after termination
    of this Agreement.

 

    	ITQPL	12	Yatra
	Signature	 	Signature

     

    

 

IN
WITNESS WHEREOF BOTH THE PARTIES HAVE EXECUTED THIS AGREEMENT ON THE DATE MENTIONED HEREINBELOW AT DELHI.

 

For
InterGlobe Technology Quotient Private Ltd.For Yatra Online Private Ltd.

 

	Sandeep
                                            Dwivedi

                                                                                Chief
                                            Operating Officer 
	 	Dhruv
                                            Shringi 

                                                                                CEO 

	Authorized
    Signatory	 	Authorized
    Signatory

 

    	ITQPL	13	Yatra
	Signature	 	Signature

     

    

 

SCHEDULE
A: LIST OF SOFTWARE

 

	Software
    Provided	 	[***]
	Total
    Number of licenses given for the Software	 	[***]
	Pseudo
    City Code (PCC)	 	[***]

 

    	ITQPL	14	Yatra
	Signature	 	Signature

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00331-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00331-of-00352.parquet"}]]