Document:

Exhibit 10.3

 

AMENDMENT NO. 2 TO TRANSACTION AGREEMENT

 

This Amendment No. 2, dated as of April 13, 2006 (this
“Amendment”), amends the Transaction Agreement, dated as of February 8,
2006 (as amended, the “Transaction Agreement”), by and among Solera,
Inc. (and its permitted assigns), Automatic Data Processing, Inc., ADP Atlantic
Inc., ADP Nederland B.V., ADP International B.V., ADP Canada Co. and ADP
Private Limited.  Capitalized terms used
but not otherwise defined herein shall have the respective meanings ascribed to
such terms in the Transaction Agreement.

 

WHEREAS, the parties hereto desire to amend the Transaction Agreement
pursuant to Section 12.4 thereof.

NOW, THEREFORE, in consideration of the foregoing, the
parties hereto, intending to be legally bound, hereby agree as follows:

 

1.             Transaction
Agreement.  The Transaction Agreement
is hereby amended as follows:

 

 (a)          Section 1.1 shall be
amended to insert the following definition:

 

“ “Canadian Sales Taxes” means any taxes,
penalties or interest assessed pursuant to the Social Services Tax Act(British
Columbia), the Provincial Sales Tax
Act(Saskatchewan), the Retail Sales Tax Act(Manitoba), the Retail Sales Tax Act(Ontario) and the Revenue Tax Act (Prince Edward
Island).”

 

and shall be further amended
to restate the definition of “Excluded Matters” in its entirety as follows:

 

“ “Excluded Matters”
means (i) the matters described in the letter from Parent to the Buyer dated as
of the date hereof and (ii) the matters described in the letter from Parent to
the Buyer dated as of April 13, 2006.”

 

 (b)          Section 2.3 shall be
amended to insert the following proviso at the end of subsection (a):

 

“provided, that the Buyer shall cause to be
delivered to ADP India, as promptly as practicable and in any event no later
than one business day (which, for the avoidance of doubt, shall mean a day
other than Saturday, Sunday or any day on which banks located in Mumbai, India
are authorized or obligated by Law to close) after the Closing, that portion of
the Purchase Price relating to the Foreign Assets of ADP India in cash by pay
order in Indian rupees (converted from U.S. dollars using an Exchange Rate of
44.8350 rupees per U.S. dollar) to ADP India;”

 

 

and further amended to insert the following proviso
after the semicolon in subsection (e):

 

“provided, that ADP India shall deliver to the
Buyer’s designee, its respective Foreign Assets, free and clear of all Liens
other than Permitted Liens, upon receipt of that portion of the Purchase Price
relating to the Foreign Assets of ADP India pursuant to Section 2.3(a);”

 

 (c)          Section 6.5 shall be
amended to insert a new subsection (f) as follows:

 

“The Buyer hereby guaranties the performance of all
obligations of Parent pursuant to the Guaranty, dated as of April 1, 2006, by
and between Parent and Allstate Insurance Company, on the same terms as set
forth in such guaranty.”

 

 (d)          Section 6.10(b)(vi)(3)
shall be amended to substitute the phrase “U.S.
Employee Transaction Agreements” for “Employee Transaction Agreements”.

 

 (e)          Section 6.10 shall be
amended to insert a new  subsection
(c)(ii)(12) as follows:

 

“(12)       The Buyer shall, as of the Closing Date, assume,
be responsible for and pay all amounts which become due or payable to
Non-U.S. Employees after the Closing Date pursuant to the retention,
separation and other agreements
with Parent or the applicable Company or Subsidiary which are listed in
Section 6.10(c)(iii)(12) of the Seller Disclosure Schedule 
(collectively, the “Non-U.S. Employee Transaction Agreements”
and, together with the U.S. Employee Transaction Agreements, the “Employee Transaction Agreements”) to
the extent such liabilities are included in the Additional Adjustment Amount.

 

 (f)           Section 6.10(c)(ii)(1)
shall be amended to insert the phrase “(other than with respect to equity-based
plans)” immediately after the word “aggregate” in the second sentence thereof.

 

 (g)          A new Section 6.26
shall be inserted as follows:

 

“6.26       Employee Covenants.  Effective as of the Closing, the rights and
obligations of Parent set forth in the form agreements attached hereto as Annex 6.26,
and any similar agreements in effect between Parent and any of its Employees or
Former Employees, are assigned and delegated from Parent to the Buyer to the
extent permitted by the terms thereof and by applicable Law.  Parent and the Buyer intend for the rights of
Parent under such agreements to inure to the benefit of the Buyer and its
assigns from and after the Closing; it being understood that
Parent is not making

 

2

 

any representation or warranty with respect to its
ability to assign such rights or delegate such obligations and shall have no
liability for any failure of such assignment or delegation.”

 

 (h)          Section 9.1(a)(iv) shall
be amended to insert the following phrase immediately after the phrase “Income
Taxes”:

 

“or Canadian Sales Taxes”.

 

 (i)           Section 9.1(b) shall be
amended to insert the following phrase in the post-amble immediately after the
phrase “Income Taxes”:

 

“or Canadian Sales Taxes”.

 

 (j)           Section 12.4 shall be
amended to substitute the word “Parent” for the phrase “the Sellers” in the
first sentence thereof.

 

2.             Annexes
and Exhibits.  The Annexes and
Exhibits to the Transaction Agreement are hereby amended as follows:

 

(a)           A new Annex 6.26, a copy of
which is attached hereto as Exhibit I, shall be inserted as an
annex to the Transaction Agreement.

 

(b)           Section 5.1 of Exhibit C to the
Transaction Agreement shall be amended to insert the following phrase at the
start of the first sentence:

 

“Except with respect to matters relating to Service Schedule 5,”

 

and further amended to insert the following sentence at the end of such
section:

 

“Subject to item 3(c) of Service Schedule 5,
the parties hereto acknowledge and agree that Parent shall have no liability of
any kind with respect to any matters relating to Service Schedule 5, and shall
not indemnify the Buyer, its Affiliates or any of their respective officers or
employees against or hold harmless from any Losses relating to Service Schedule
5; provided, however, that Parent shall indemnify the Buyer
against and hold harmless from any and all Losses if and to the extent that any
such Loss is attributable to or arises from Parent’s breach of its obligations
set forth in Service Schedule 5.”

 

(c)           Section 5.2 of Exhibit C to the
Transaction Agreement shall be amended to insert the following phrase at the
start of the first sentence:

 

“Except with respect to matters relating to Service Schedule 5,”

 

and further amended to insert the following sentence at the end of such
section:

 

3

“With respect to matters relating to Service
Schedule 5, the Buyer shall indemnify Parent, its Affiliates and their
respective officers and employees against and hold harmless from any and all
Losses if and to the extent that any such Loss is attributable to or arises
from any matters related to Service Schedule 5, including any claim or action
asserted by any third party; provided, that the Buyer shall not be obligated
to provide such indemnification with respect to matters relating to Service
Schedule 5 if and to the extent that any such Loss is attributable to or arises
from the gross negligence or willful misconduct of Parent (but not of any
Programmer (as defined in Service Schedule 5)).”

 

(d)           Service Schedules 1through 4 of Exhibit C to the
Transaction Agreement shall be amended and restated in their entirety, and a
new Service Schedule 5 shall be inserted as part of the Service
Schedules of Exhibit C, in each case as set forth in Exhibit II
attached hereto.

 

(e)           Schedule
1 and Schedule 2 of Exhibit
D to the Transaction Agreement shall be amended and restated in their
entirety as set forth in Exhibit III attached hereto.

 

(f)            Schedule 1 of Exhibit E to
the Transaction Agreement shall be amended to change the “Premises Term” for
the facility noted therein from three (3) months to six (6) months.

 

3.             Seller
Disclosure Schedule.  The Seller
Disclosure Schedule is hereby amended as follows:

 

(a)           Section 4.4(b) thereof shall be amended to
insert the following subheading above the row relating to ADP Property Claims
Services Inc. (U.S.):

 

Transferred Company – CSG

 

(b)           Section 4.11(b)(ii) shall be amended to
insert the following new item 2(a)(xvii):

 

“(xvii)           Subordination,
Non-Disturbance and Attornment Agreement, dated December 20, 2002, by and among
Teachers Insurance and Annuity Association of America, Northwestern Mutual Life
Insurance Company, Sunset Building Company LLC and CSG.”

 

(c)           Section 4.12(a)(i) shall be amended to
insert the following phrase at the end of item 2(a)(i):

 

“this
agreement may be terminated on or prior to the Closing;”

 

4

and further amended to insert the following new item 2(a)(ix):

 

“(ix)              Master Services
Agreement, dated April 1, 2006, by and between CSG with Allstate Insurance
Company.”

 

(d)           Section 4.15 shall be amended to insert the
following new items 8 and 9 under the subheading “Litigation”:

 

“8.           Al’s
Auto Matter:

 

In a letter dated March 21, 2004, Al’s Auto,
Inc. (“Al’s Auto”), a client of Hollander,
complained that the PowerLink product it licensed from Hollander did not
function correctly, leading to lost sales and expensive remediation.  Parent responded in a letter dated May 25,
2004, that many of the issues raised by Al’s Auto were, in fact, requests to
tailor the product in ways it was not designed to perform, and that in all
events the contract that Al’s Auto signed included both an exclusion of
consequential damages and a limitation of liability.  Al’s Auto renewed its complaint in a letter
dated March 31, 2006.

 

9.             See
matters described in the letter from Parent to the Buyer dated as of April 13,
2006.”

 

(e)           Section 6.10(b)(vi)(3) shall be amended and
restated to read in its entirety as set forth in Exhibit IV attached
hereto.

 

(f)            Section 6.10(c) shall be amended to insert
the following rows:

 

	
  Ponnappa

  	
  C.D.

  	
  CSG India

  
	
  Singh

  	
  Manjit

  	
  CSG India

  

 

(g)           Section 6.10(c)(ii)(1) shall be amended to
delete item (2) therein in its entirety.

 

(h)           A new Section 6.10(c)(ii)(12), a copy of
which is attached hereto as Exhibit V, shall be inserted.

 

4.             Allstate
Waiver.  Notwithstanding anything to
the contrary in the Transaction Agreement, including Section 6.1(b)(x), the
Buyer hereby acknowledges and agrees that CSG is expressly permitted to enter
into a Master Services Agreement, substantially in the form previously made
available to the Buyer, with Allstate Insurance Company, and to terminate the Amended
and Restated Agreement (as amended), dated as of December 1, 1994, by and
between Allstate Insurance Company and CSG.

 

5.             Except
as specifically amended by this Amendment, the Transaction Agreement shall
remain in full force and effect and is hereby ratified and confirmed.  This Amendment shall be construed as one with
the Transaction Agreement, and the Transaction Agreement shall, where the
context requires, be read and construed so as to incorporate this Amendment.

 

5

 

6.             This
Amendment shall be governed by and construed in accordance with the Transaction
Agreement.

 

7.             This
Amendment may be executed by the parties hereto in separate counterparts, each
of which when so executed and delivered shall be an original, but all such
counterparts together shall constitute one and the same instrument.  Each counterpart may consist of a number of
copies hereof each signed by less than all, but together signed by all, of the
parties hereto.

 

[Remainder of page intentionally
left blank]

 

6

 

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

 

	
   

  	
  SOLERA,
  INC.

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Tony
  Aquila

  
	
   

  	
   

  	
  Name: Tony Aquila

  
	
   

  	
   

  	
  Title: Chief Executive Officer

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  AUTOMATIC
  DATA PROCESSING, INC.

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ James B.
  Benson

  
	
   

  	
   

  	
  Name: James B. Benson

  
	
   

  	
   

  	
  Title: Vice President

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  ADP
  ATLANTIC INC.

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ James B.
  Benson

  
	
   

  	
   

  	
  Name: James B. Benson

  
	
   

  	
   

  	
  Title: Chairman of the Board

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  ADP
  NEDERLAND B.V.

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ H.J.M.
  Brockhoff

  
	
   

  	
   

  	
  Name: H.J.M. Brockhoff

  
	
   

  	
   

  	
  Title: General Manager

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  ADP
  INTERNATIONAL B.V.

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ H.J.M.
  Brockhoff

  
	
   

  	
   

  	
  Name: H.J.M. Brockhoff

  
	
   

  	
   

  	
  Title: General Manager

  

 

 

	
   

  	
  ADP
  CANADA CO.

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ James B.
  Benson

  
	
   

  	
   

  	
  Name: James B. Benson

  
	
   

  	
   

  	
  Title: President

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  ADP
  PRIVATE LIMITED

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Steve
  Penrose

  
	
   

  	
   

  	
  Name: Steve Penrose

  
	
   

  	
   

  	
  Title: DirectorExhibit 10.4

 

PROFESSIONAL
SERVICES AGREEMENT

 

THIS
PROFESSIONAL SERVICES AGREEMENT (this “Agreement”) is
made as of April 1, 2005, between GTCR Golder Rauner II, L.L.C., a Delaware
limited liability company (“GTCR”), and Solera, Inc., a Delaware
corporation (the “Company”).

 

WHEREAS, the Company is a wholly owned subsidiary of
Solera Holdings, LLC, a Delaware limited liability company (the “Parent”);

 

WHEREAS, GTCR (together with certain investment funds
or special purpose investment vehicles controlled by GTCR or GTCR Golder
Rauner, L.L.C., a Delaware limited liability company, the “Investors”)
will purchase (the “Investment”), pursuant to that certain Unit Purchase
Agreement (the “Purchase Agreement”) of even date herewith between the
Parent and the Investors, Class B Preferred Units (the “Class B Preferred”)
and Class A Common Units (the “Class A Common Units” and, together
with the Class B Preferred, the “Units”);

 

WHEREAS, the Company desires to receive financial and
management consulting services from GTCR, and obtain the benefit of the
experience of GTCR in business and financial management generally and its
knowledge of the Company and the Company’s financial affairs in particular; and

 

WHEREAS, in connection with the Investment, GTCR is
willing to provide financial and management consulting services to the Company
and the compensation arrangements set forth in this Agreement are designed to
compensate GTCR for such services.

 

NOW, THEREFORE, in consideration of the foregoing
premises and the respective agreements hereinafter set forth and the mutual
benefits to be derived herefrom, GTCR and the Company hereby agree as follows:

 

1.     Engagement. The Company hereby engages GTCR as a
financial and management consultant, and GTCR hereby agrees to provide financial
and management consulting services to the Company, all on the terms and subject
to the conditions set forth below.

 

2.     Services of GTCR. GTCR hereby agrees during the term of
this engagement to consult with the board of directors of the Company (the “Board”),
the boards of directors (or similar governing body) of the Company’s affiliates
and the management of the Company and its affiliates in such manner and on such
business and financial matters as may be reasonably requested from time to time
by the Board, including, but not limited to:

 

(a)   corporate strategy;

 

(b)   budgeting of future corporate investments;

 

(c)   acquisition and divestiture strategies; and

 

 

(d)   debt and equity financings.

 

3.     Personnel. GTCR shall provide and devote to the performance
of this Agreement such partners, employees and agents of GTCR as GTCR shall
deem appropriate for the furnishing of the services required thereby.

 

4.     Placement Fees.

 

(a)          At
the time of any purchase of equity by the Investors and/or their Affiliates (as
defined in the Purchase Agreement) pursuant to Section 1B of the
Purchase Agreement, the Company shall pay to GTCR a placement fee in
immediately available funds in an amount equal to one percent (1.0%) of the
amount paid to the Parent in connection with such purchase.

 

(b)         At
the time of any other equity or debt financing of the Parent, the Company or
any of their respective subsidiaries prior to a Public Offering (as defined in
the Parent’s Limited Liability Company Agreement), the Company shall pay to
GTCR a placement fee in immediately available funds in an amount equal to one
percent (1.0%) of the gross amount of such financing (including the committed
amount of any revolving credit facility); provided that the Company will
not be obligated pursuant to this Section 4(b) to pay GTCR a placement
fee as the result of any purchase of securities of the Parent by any executive
of the Parent, the Company or any of their respective subsidiaries.

 

If any individual payment to GTCR pursuant to this Section 4 would
be less than $10,000, then such payment shall be held by the Company until the
first to occur of (i) such time as the aggregate of such payments equals or
exceeds $10,000, and (ii) the effective date of the termination of this
Agreement.

 

5.     Management Fee. Commencing upon the occurrence of the
EBITDA Threshold Date and continuing until this Agreement has been terminated
in accordance with its terms, the Company shall pay to GTCR an annual management fee equal to
$250,000 payable in equal monthly installments beginning on the first day of
the calendar month following the EBITDA Threshold Date. For purposes
hereof, “EBITDA Threshold Date” means the last day of the calendar
month, if any, in which the Parent has consolidated EBITDA of at least $3
million on a pro forma basis (after giving effect to any acquisitions or
dispositions by the Parent or any of its subsidiaries that have been
consummated) over the full twelve calendar month period ending on such day. For
purposes hereof, “EBITDA” means, for any period, earnings for such
period before interest, taxes, depreciation and amortization for such period,
determined on a consolidated basis in accordance with United States generally
accepted accounting principles as in effect from time to time.

 

6.     Expenses. The Company shall promptly reimburse GTCR for
such reasonable travel expenses, legal fees and other out-of-pocket fees and
expenses as have been or may be incurred by GTCR, its directors, officers and
employees in connection with the Initial Closing (as

 

2

 

defined in the Purchase Agreement), in connection with
any financing of the Parent, the Company or any of their respective
subsidiaries, and in connection with the rendering of any other services hereunder
(including, but not limited to, fees and expenses incurred in attending Company-related
meetings).

 

7.     Term. This Agreement will continue from the date hereof
until the Investors and their affiliates cease to own at least 10% of the
Investor Securities (as defined in the Purchase Agreement). No termination of
this Agreement, whether pursuant to this paragraph or otherwise, shall affect
the Company’s obligations with respect to the fees, costs and expenses incurred
by GTCR in rendering services hereunder and not reimbursed by the Company as of
the effective date of such termination.

 

8.     Liability. Neither GTCR nor any of its affiliates,
partners, employees or agents shall be liable to the Parent, the Company or
their subsidiaries or affiliates for any loss, liability, damage or expense
arising out of or in connection with the performance of services contemplated
by this Agreement, unless such loss, liability, damage or expense shall be
proven to result directly from the gross negligence or willful misconduct of
GTCR.

 

9.     Indemnification. The Company agrees to indemnify and hold
harmless GTCR, its partners, affiliates, officers, agents and employees against
and from any and all loss, liability, suits, claims, costs, damages and
expenses (including attorneys’ fees) arising from their performance hereunder,
except as a result of their gross negligence or intentional wrongdoing.

 

10.   GTCR an Independent Contractor. GTCR
and the Company agree that GTCR shall perform services hereunder as an
independent contractor, retaining control over and responsibility for its own
operations and personnel. Neither GTCR nor its directors, officers, or
employees shall be considered employees or agents of the Company as a result of
this Agreement nor shall any of them have authority to contract in the name of
or bind the Company, except as expressly agreed to in writing by the Company.

 

11.   Notices. All notices, demands or other
communications to be given or delivered under or by reason of the provisions of
this Agreement shall be in writing and shall be deemed to have been given when
(i) delivered personally to the recipient, (ii) sent to the recipient by
reputable express courier service (charges prepaid), (iii) mailed to the
recipient by certified or registered mail, return receipt requested and postage
prepaid, or (iv) telecopied to the recipient (with hard copy sent to the
recipient by reputable overnight courier service (charges prepaid) that same
day) if telecopied before 5:00 p.m. Chicago, Illinois time on a business day, and
otherwise on the next business day. Such notices, demands and other
communications shall be sent to the Purchasers and to the Company at the
addresses indicated below (or at such other address as shall be given in
writing by one party to the others):

 

3

 

If to GTCR:

 

GTCR Golder Rauner II,
L.L.C.

6100 Sears Tower

Chicago, Illinois  60606-6402

 

Attention:      Philip A. Canfield

Craig A. Bondy

Telephone:   (312)
382-2200

Facsimile:  
(312) 382-2201

 

Kirkland & Ellis LLP

200 East Randolph Drive

Chicago, Illinois  60601

Attention:      Stephen L. Ritchie, P.C.

Telephone: (312) 861-2000

Facsimile: (312) 861-2200

 

If to the Company:

 

Solera, Inc.

12230 El Camino Real

Suite 200

San Diego, CA 
92130

Attention:      Chief
Executive Officer

Telephone:  (858) 812-2870

Facsimile:  (858) 812-3011

 

with copies to:

 

GTCR Golder Rauner II, L.L.C.

6100 Sears Tower

Chicago, Illinois  60606-6402

Attention:      Philip A. Canfield

Craig A. Bondy

Telephone: (312) 382-2200

Facsimile: (312) 382-2201

 

4

 

Kirkland & Ellis LLP

200 East Randolph Drive

Chicago, Illinois  60601

Attention:      Stephen L. Ritchie, P.C.

Telephone: (312) 861-2000

Facsimile: (312) 861-2200

 

12.   Entire Agreement; Modification. This
Agreement, those documents expressly referred to herein and other documents of
even date herewith (a) contain the complete and entire understanding and
agreement of GTCR and the Company with respect to the subject matter hereof and
(b) supersede all prior and contemporaneous understandings, conditions and
agreements, oral or written, express or implied, respecting the engagement of
GTCR in connection with the subject matter hereof. The provisions of this
Agreement may be amended, modified and/or waived only with the prior written
consent of the Company and GTCR.

 

13.   Waiver of Breach. The waiver by either
party of a breach of any provision of this Agreement by the other party shall
not operate or be construed as a waiver of any subsequent breach of that
provision or any other provision hereof.

 

14.   Assignment. Neither GTCR nor the
Company may assign its rights or obligations under this Agreement without the
express written consent of the other, except that GTCR may assign its rights
and obligations to an affiliate of GTCR (which shall include GTCR Golder
Rauner, L.L.C.).

 

15.   Successors. This Agreement and all the
obligations and benefits hereunder shall inure to the successors and permitted
assigns of the parties.

 

16.   Counterparts. This Agreement may be
executed and delivered by each party hereto in separate counterparts (including
by means of facsimile), each of which when so executed and delivered shall be
deemed an original and both of which taken together shall constitute one and
the same agreement.

 

17.   Choice of Law. This Agreement shall be
governed by and construed in accordance with the domestic laws of the State of
Delaware, without giving effect to any choice of law or conflict of law
provision or rule (whether of the State of Delaware or any other jurisdiction)
that would cause the application of the laws of any jurisdiction other than the
State of Delaware.

 

18.   MUTUAL WAIVER OF JURY TRIAL. BECAUSE
DISPUTES ARISING IN CONNECTION WITH COMPLEX TRANSACTIONS ARE MOST QUICKLY AND
ECONOMICALLY RESOLVED BY AN EXPERIENCED AND EXPERT PERSON AND THE PARTIES WISH
APPLICABLE STATE AND FEDERAL LAWS TO APPLY (RATHER THAN ARBITRATION RULES), THE
PARTIES DESIRE THAT THEIR DISPUTES BE RESOLVED BY A JUDGE APPLYING SUCH
APPLICABLE LAWS. THEREFORE, TO ACHIEVE THE BEST COMBINATION OF THE BENEFITS OF
THE JUDICIAL SYSTEM AND OF ARBITRATION, EACH PARTY TO THIS AGREEMENT HEREBY
WAIVES ALL RIGHTS TO TRIAL BY JURY IN ANY ACTION, SUIT, OR PROCEEDING BROUGHT
TO

 

5

 

RESOLVE ANY DISPUTE BETWEEN THE PARTIES HERETO,
WHETHER ARISING IN CONTRACT, TORT, OR OTHERWISE, ARISING OUT OF, CONNECTED
WITH, RELATED OR INCIDENTAL TO THIS AGREEMENT AND/OR THE TRANSACTIONS
CONTEMPLATED HEREBY.

 

19.   No Strict Construction. The parties
hereto have participated jointly in the negotiation and drafting of this
Agreement. In the event an ambiguity or question of intent or interpretation
arises, this Agreement shall be construed as if drafted jointly by the parties
hereto, and no presumption or burden of proof shall arise favoring or
disfavoring any party by virtue of the authorship of any of the provisions of
this Agreement.

 

20.   Descriptive Headings; Interpretation. The
descriptive headings of this Agreement are inserted for convenience only and do
not constitute a substantive part of this Agreement. Whenever required by the
context, any pronoun used in this Agreement shall include the corresponding
masculine, feminine, or neuter forms, and the singular form of nouns, pronouns,
and verbs shall include the plural and vice versa. The use of the word “including”
in this Agreement shall be, in each case, by way of example and without
limitation. The use of the words “or,” “either,” and “any”
shall not be exclusive. Reference to any agreement, document, or instrument means
such agreement, document, or instrument as amended or otherwise modified from
time to time in accordance with the terms thereof, and, if applicable, hereof.

 

*   *   *   *   *

 

6

 

IN WITNESS WHEREOF, the undersigned have caused this
Professional Services Agreement to be duly executed and delivered on the date
and year first above written.

 

 

	
   

  	
  GTCR GOLDER RAUNER II, L.L.C.

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Philip A. Canfield

  
	
   

  	
  Name:

  	
  Philip A. Canfield

  
	
   

  	
  Its:

  	
  Principal

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  SOLERA, INC.

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Tony Aquila

  
	
   

  	
  Name:

  	
  Tony Aquila

  
	
   

  	
  Its:

  	
  Chief Executive Officer

  

 

SIGNATURE PAGE TO PROFESSIONAL
SERVICES AGREEMENT

 

7

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