Document:

EX-10.27

 Exhibit 10.27 

EXECUTION VERSION 
 IN MAKING AN INVESTMENT
DECISION CONTRIBUTING PARTIES MUST RELY ON THEIR OWN EXAMINATION OF THE ISSUER AND THE TERMS OF THE OFFERING, INCLUDING THE MERITS AND RISKS INVOLVED. THE SECURITIES SUBSCRIBED FOR HEREUNDER HAVE NOT BEEN RECOMMENDED BY ANY FEDERAL OR STATE OR
NON-U.S. SECURITIES COMMISSION OR REGULATORY AUTHORITY. FURTHERMORE, THE FOREGOING AUTHORITIES HAVE NOT CONFIRMED THE ACCURACY OR DETERMINED THE ADEQUACY OF THIS DOCUMENT. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENSE. 

THE SECURITIES SUBSCRIBED FOR HEREUNDER ARE SUBJECT TO RESTRICTIONS ON TRANSFERABILITY AND RESALE AND MAY NOT BE TRANSFERRED OR RESOLD EXCEPT AS PERMITTED
UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), AND OTHER APPLICABLE SECURITIES LAWS, PURSUANT TO REGISTRATION OR EXEMPTION THEREFROM. CONTRIBUTING PARTIES SHOULD BE AWARE THAT THEY WILL BE REQUIRED TO BEAR THE
FINANCIAL RISKS OF THIS INVESTMENT FOR AN INDEFINITE PERIOD OF TIME. 
 CONTRIBUTION AND EXCHANGE AGREEMENT 

This CONTRIBUTION AND EXCHANGE AGREEMENT (this “Agreement”) is made and entered into as of January 24, 2014, by and
among PSAV Holdings LLC, a Delaware limited liability company (the “Company”), and the individuals listed on the signature page hereto (each a “Contributing Party” and collectively the “Contributing
Parties”). 
 RECITALS 

WHEREAS, PSAV Acquisition Corp., a Delaware corporation and an indirect wholly-owned. subsidiary of the Company (“Buyer”) and
AVSC Holding LLC, a Delaware limited liability company (“Seller”) have entered into that certain Stock Purchase Agreement (the “Purchase Agreement”) pursuant to which Buyer has agreed to purchase the outstanding
shares (other than the share previously held by the Contributing Parties) of common stock of AVSC Holding Corp. (the “Target”, and such purchase the “Transaction”) (capitalized terms not defined herein shall have
the meaning ascribed to such terms in the Purchase Agreement); 
 WHEREAS, prior to and without giving effect to the consummation of the
Transaction, the Contributing Parties own Common Units and Operating Units (as such terms are defined in the Seller’s Amended and Restated Limited Liability Company Agreement) of the Seller (the “Owned Interests”); 

WHEREAS, pursuant to the Distribution Agreement among the Seller and the Contributing Parties dated as of the date hereof and prior to the
consummation of the Transaction, a certain number of shares of common stock of the Target (the “Target Shares”) were distributed to each of the Contributing Parties (the “Distribution”); 

 WHEREAS, after the consummation of the Distribution but prior to the consummation of the
Transaction, each Contributing Party exchanged all of their Target Shares for shares of common stock of PSAV Intermediate Corp., a Delaware corporation and a direct, wholly-owned subsidiary of the Company (“Intermediate Corp.”)
pursuant to that certain Rollover Agreement between Intermediate Corp. and the Contributing Parties, dated as of the date hereof (the “Rollover”); 

WHEREAS, after the consummation of the Rollover but prior to the consummation of the Transaction, each Contributing Party desires to
contribute and transfer to the Company, and the Company has agreed to accept from each Contributing Party, all of each of the Contributing Parties’ right, title and interest in, to and under, their shares of common stock, par value $0.001, of
Intermediate Corp., as set forth on Schedule 1 (the “Intermediate Corp. Shares”); and 
 WHEREAS, in connection
therewith, the Company agrees that, in exchange therefore, the Company shall issue Class A Units (as such term is defined in the Company’s Amended and Restated Limited Liability Agreement (the “LLC Agreement”)) to each of
the Contributing Parties (the “Issuance”), and each Contributing Party shall become a member of the Company in accordance with the terms of the LLC Agreement. 

NOW, THEREFORE, in consideration of the mutual covenants and agreements hereinafter set forth and for other good and valuable consideration,
the receipt and adequacy of which are hereby acknowledged, the parties hereto agree as follows: 
 AGREEMENT 

1. Identification of Exchange Shares. Each Contributing Party hereby designates all of the Intermediate Corp. Shares he or she
currently holds as “Exchange Shares” to be exchanged for the New Class A Units (as defined below) in accordance with the terms and conditions set forth in this Agreement. 

2. Exchange. Immediately after the consummation of the Rollover but prior to the consummation of the Transaction and without further
action by the Contributing Parties, all of the Contributing Parties’ right, title and interest in and to the Exchange Shares will be assigned, transferred and delivered to the Company free and clear of all mortgages, liens, pledges, security
interests, charges, claims, restrictions and encumbrances of any nature whatsoever (collectively, “Liens”). Each Contributing Party hereby appoints any executive officer of the Company, as its attorney-in-fact to execute all further
assignment instruments, if any, that may be necessary or appropriate in connection with the transactions contemplated hereby. 
 3.
Issuance of Class A Units. As consideration for the assignment, transfer and delivery of the Exchange Shares pursuant to Section 2, the Company will issue in the name of each Contributing Party the applicable number of
Class A Units as set forth on Schedule 2 attached hereto (the “New Class A Units”). Each Contributing Party hereby acknowledges and agrees that the issuance of the New Class A Units pursuant to this
Section 3 shall constitute complete satisfaction of all obligations or any other sums due to such Contributing Party with respect to the Exchange Shares. 

 4. Closing. The closing of the transactions contemplated hereby (the
“Closing”) shall take place on the Closing Date immediately prior to consummation of the Transaction. At the Closing, as a condition precedent to the obligation of the Company to issue to the Contributing Parties any New
Class A Units pursuant to Section 2 or Section 3 hereof, each Contributing Party shall deliver to the Company a duly executed counterpart signature page to the LLC Agreement substantially in the form attached hereto as
Exhibit A. 
 5. Representations and Warranties of the Contributing Parties. To induce the Company to receive the Exchange
Shares and issue the New Class A Units as herein provided, each Contributing Party makes the following representations and warranties to the Company, each and all of which shall be true and correct as of the date of this Agreement, and shall
survive the execution and delivery of this Agreement: 
 a. The Contributing Party is an adult with full power and capacity to execute and
deliver this Agreement and to perform his or her obligations hereunder. 
 b. The Contributing Party (i) owns all of the Exchange
Shares free and clear of any Liens, (ii) has the legal capacity to purchase and hold the New Class A Units and represents that the exchange for the New Class A Units and the execution and delivery of this Agreement by the Contributing
Party and the consummation of the transactions contemplated hereby will not result in (A) any breach of, or violation of the terms or provisions of, or constitute a default under, any indenture or other agreement or instrument by which the
Contributing Party or the Contributing Party’s property is bound, (B) any violation by the Contributing Party of any applicable law, regulation or court decree or (C) any obligation of the Contributing Party to file any notice or
other filing with, or to obtain any consent, registration, approval, permit or authorization of or from any, governmental or regulatory authority of the United States, any state thereof or any foreign jurisdiction; (iii) has obtained such tax
and legal advice that he or she has deemed appropriate; and (iv) represents that the Contributing Party’s home address is as set forth on the signature page hereof. 

c. All action on the part of the Contributing Party necessary for the execution and delivery by the Contributing Party of this Agreement and
the performance of its obligations hereunder has been taken. This Agreement has been duly executed and delivered by the Contributing Party and it constitutes a valid and legally binding obligation of the Contributing Party, enforceable in accordance
with its terms, except as enforcement may be limited by (i) applicable bankruptcy laws or other similar laws affecting creditors’ rights generally and (ii) the availability of equitable remedies. 

d. The Contributing Party has knowledge and experience in financial and business matters and is capable of evaluating the merits and risks of
an investment in the Company and of making an informed investment decision with respect thereto. 
 e. The Contributing Party has had an
opportunity to consult with legal and financial advisors concerning this Agreement and its subject matter. The Contributing Party has read and understood this Agreement and has received, and read, and is familiar with, the LLC Agreement and is aware
that no federal or state agency has passed upon the New Class A Units or made any finding or determination concerning the fairness of this investment. The 

 
Contributing Party has not relied on the Company for any information regarding the Company or the value of the New Class A Units. The Contributing Party acknowledges that neither the Company
nor any of its Affiliates is acting as a fiduciary or financial or investment advisor to the Contributing Party, and have not given the Contributing Party any investment advice, opinion or other information on whether the exchange described herein
is prudent. 
 f. The Contributing Party understands that its investment in the Company involves a high degree of risk and is able to bear
the economic risk of such investment for an indefinite period of time, including the risk of a complete loss of the Contributing Party’s investment in such securities. 

g. The Contributing Party has been afforded the opportunity to examine all documents related to and, if applicable, executed in connection
with the transactions contemplated by the Purchase Agreement and by this Agreement, which the Contributing Party has requested to examine. 

h. The New Class A Units for which the Contributing Party hereby subscribes will be acquired for its own account for investment purposes
only. The Contributing Party (i) acknowledges that the New Class A Units have not been registered under the Securities Act or any applicable state securities laws, (ii) is not purchasing the New Class A Units with a view toward
distribution in a manner which would require registration under the Securities Act and (iii) does not presently have any reason to anticipate any change in its circumstances or other particular occasion or event which would cause it to sell the
New Class A Units for which it hereby subscribes. 
 i. The Contributing Party further acknowledges that, except as provided herein, it
is receiving the New Class A Units without any representation or warranty, express or implied, at law or in equity, by the Company, Olympus Growth Fund VI, L.P., Broad Street Principal Investments, L.L.C., or any of their respective officers,
managers, employees, Affiliates, Subsidiaries or advisors, including with respect to (i) merchantability or fitness for any particular purpose, (ii) the operation of the business of the Company and its Subsidiaries after the Closing Date
in any manner, or (iii) the probable success or profitability of the business of the Company and its Subsidiaries after the Closing Date. In furtherance of the foregoing, except as may be provided in any definitive written agreement between the
Contributing Party and the Company, such Contributing Party acknowledges that solely in connection with such Contributing Party’s investment in the Company, no representation or warranty, express or implied, at law or in equity, of the Company
or any of the other equityholders of the Company, or any of their respective officers, directors, employees, Affiliates or advisors with respect to the Company, the New Class A Units, its Subsidiaries, the business of the Company and its
Subsidiaries or any of the assets or liabilities of the Company and its Subsidiaries, including any litigation relating to the Company and any financial projection or forecast delivered to such Contributor with respect to the revenues or
profitability which may arise from the operation of the Company and its Subsidiaries either before or after the Closing Date, shall form the basis of any claim against the Company, any of the other equityholders of Company or any of their respective
officers, directors, employees, Affiliates or advisors with respect thereto or with respect to any related matter. 

 j. Except as otherwise indicated on the signature page hereto, the Contributing Party is an
“accredited investor” within the meaning of Rule 501(a) under the Act, or an entity in which all of the equity holders are accredited investors within the meaning of Rule 501(a) under the Act. Rule 501(a), in relevant part, states that an
“accredited investor” shall mean any person who comes within any of the following categories, or who the issuer reasonably believes comes within any of the following categories, at the time of the sale of the securities to that person:

 (i) Any bank, registered broker or dealer, insurance company, registered investment company, business development company, or small
business investment company; 
 (ii) Any plan established and maintained by a state, its political subdivisions, or any agency or
instrumentality of a state or its political subdivisions for the benefit of its employees, if such plan has total assets in excess of $5,000,000; 

(iii) Any employee benefit plan, Within the meaning of the Employee Retirement Income Security Act of 1974, if a bank, insurance company, or
registered investment adviser makes the investment decisions, or if the plan has total assets in excess of $5,000,000; 
 (iv) Any
organization described in Section 501(c)(3) of the Internal Revenue Code, corporation, Massachusetts or similar business trust, or partnership, not formed for the specific purpose of acquiring the securities offered, with total assets in excess
of $5,000,000; 
 (v) Any director, executive officer, or general partner of the issuer of the securities being offered or sold, or any
director, executive officer, or general partner of a general partner of that issuer; 
 (vi) Any natural person whose individual net worth,
or joint net worth with that person’s spouse, at the time of his purchase exceeds $1,000,000, excluding the value of the primary residence of such natural person, calculated by subtracting from the estimated fair market value of the property
the amount of debt secured by the property, up to the estimated fair market value of the property; 
 (vii) Any natural person who had an
individual income in excess of $200,000 in each of the two most recent years or joint income with that person’s spouse in excess of $300,000 in each of those years and has a reasonable expectation of reaching the same income level in the
current year; 
 (viii) Any trust with assets in excess of $5,000,000, not formed to acquire the securities offered, whose purchase is
directed by a sophisticated person; or 
 (ix) Any entity in which all of the equity owners are accredited investors. 

k. The Contributing Party understands that federal regulations and executive orders administered by the United States Department of the
Treasury’s Office of Foreign Assets Control (“OFAC”) prohibit, among other things, the engagement in transactions with, and the provision of services to, certain foreign countries, territories, entities and individuals. The
Contributing Party represents and warrants that it is not a person named on an OFAC list, nor is such Contributing Party a person with whom dealings are prohibited under any OFAC regulation. 

 6. Representations and Warranties of the Company. The Company makes the following
representations and warranties to the Contributing Party, each and all of which shall be true and correct as of the date of this Agreement, and shall survive the execution and delivery of this Agreement: 

a. It is a limited liability company duly organized, validly existing and in good standing under the laws of the State of Delaware, and has
all requisite legal and limited liability company power to enter into this Agreement, perform its obligations hereunder, and own its properties and assets. 

b. All limited liability company action on the part of the Company necessary for the execution and delivery by the Company of this Agreement
and the performance of its obligations hereunder has been taken. This Agreement has been duly executed and delivered by the Company and it constitutes a valid and legally binding obligation of the Company, enforceable in accordance with its terms,
except as enforcement may be limited by (i) applicable bankruptcy laws or other similar laws affecting creditors’ rights generally and (ii) the availability of equitable remedies. 

c. The execution and delivery by the Company of this Agreement and the performance of its obligations hereunder will not (i) result in
any violation of its organizational documents, (ii) result in any breach of, or violation of the terms or provisions of, or constitute a default under, any indenture or other agreement or instrument by which it or its property is bound,
(iii) result in any violation of any applicable law, regulation, injunction, order or court decree, (iv) assuming the accuracy of the representations and warranties of the Contributing Party set forth herein, result in any obligation of
the Company to file any notice or other filing with, or to obtain any consent, registration, approval, permit or authorization of or from any, governmental or regulatory authority of the United States, any state thereof or any foreign jurisdiction
or (v) require any consent or other action by any person under, constitute a default under (with due notice or lapse of time or both), or give rise to any right of termination, cancellation or acceleration of any right or obligation of the
Company or to a loss of any benefit to which the Company is entitled under any provision of any agreement or other instrument binding upon the Company or any of its assets or properties. 

d. When issued in accordance with the terms of this Agreement, the New Class A Units will be (i) duly authorized and validly issued,
and (ii) free and clear of all Liens, except (A) as set forth in the LLC Agreement, (B) Liens created by or imposed upon the Contributing Party and (C) restrictions on transfer under federal, state and/or foreign securities laws.

 7. Miscellaneous. 

a. Amendments and Waivers. No amendment, modification or discharge of this Agreement, and no waiver hereunder, shall be valid or
binding unless set forth in writing and duly executed by the party against whom enforcement of the amendment, modification, 

 
discharge or waiver is sought. Any such waiver shall constitute a waiver only with respect to the specific matter described in such writing and shall in no way impair the rights of the party
granting such waiver in any other respect or at any other time. Neither. the waiver by any of the parties hereto of a breach of or a default under any of the provisions of this Agreement, nor the failure by any of the parties, on one or more
occasions, to enforce any of the provisions of this Agreement or to exercise any right or privilege hereunder, shall be construed as a waiver of any other breach or default of a similar nature, or as a waiver of any of such provisions, rights or
privileges hereunder. The rights and remedies herein provided are cumulative and none is exclusive of any other, or of any rights or remedies that any party may otherwise have at law or in equity. 

b. Further Assurances. From time to time, as and when requested by the Company, any of the Contributing Parties will execute and
deliver, or cause to be executed and delivered, all such documents and instruments as may be reasonably necessary to consummate the transactions contemplated by this Agreement. 

c. Transfer Restrictions. Each Contributing Party acknowledges and agrees that: 

(i) the offering and sale of the Class A Units is intended to be exempt from registration under the Securities Act, by
virtue of the provisions of Rule 506 of Regulation D promulgated under the Securities Act or under Rule 701 under the Securities Act as part of a compensatory benefit plan to reward and incentivize employees of the Company; 

(ii) none of the Class A Units have been registered under the Securities Act or any securities or “blue sky”
laws of any state; 
 (iii) there is no existing public or other market for the Class A Units and, except as otherwise
specified in an Award Agreement (as defined in the LLC Agreement) with respect to any put right, there can be no assurance that the Contributing Party will be able to sell or dispose of the Class A Units being acquired by the Contributing Party
hereunder; and 
 (iv) none of the Class A Units may be offered, sold, transferred, pledged, hypothecated or otherwise
assigned unless (A) in accordance with the LLC Agreement and (B) such shares are (1) registered under the Securities Act or (2) an exemption from such registration is available, in each case in accordance with any applicable
securities or “blue sky” laws of any state. 
 d. Restrictive Covenants. J. Michael McIlwain acknowledges and agrees that
in connection with any Drag-Along Transaction or Forced Sale (as such terms are defined in the LLC Agreement) in which he participates, he may be required to agree to restrictive covenants consistent in terms of scope and duration with those set
forth in Section 4 of that certain Unit Award Agreement dated as of January 24, 2014, between the Company and himself. J. Whitney Markowitz acknowledges and agrees that in connection with any Drag Along Transaction or Forced Sale (as such
terms are defined in the LLC Agreement) in which he 

 
participates, he may be required to agree to restrictive covenants consistent in terms of scope and duration with those set forth in Section 8 of that certain Unit Award Agreement dated as
of January 24, 2014, between the Company and himself. 
 e. Notices. All notices, requests, claims, demands and other
communications hereunder shall be in writing and shall be given by delivery in person, by facsimile (followed by overnight courier), E mail (followed by overnight courier), or by registered or certified mail (postage prepaid, return receipt
requested) to the other parties hereto as follows: 
 If to the Company: 

PSAV Holdings LLC 
 c/o Broad
Street Principal Investments, L.L.C. 
 200 West Street 

New York, New York 10282 

			
	Attention:	 	Bradley Gross
	Facsimile:	 	(212) 357-5505
	E mail:	 	bradley.gross@gs.com

 with a copy to: 

Weil, Gotshal & Manges LLP 

767 Fifth Avenue 
 New York, NY
10153 

			
	Attention:	 	Michael J. Aiello, Esq.
	Facsimile:	 	(212) 310-8007
	E mail:	 	michael.aiello@weil.com

 with a copy to: 

Kirkland & Ellis LLP 

300 N. LaSalle 
 Chicago, IL 60622

			
	Attention:	 	John A. Schoenfeld and Benjamin P. Clinger
	Facsimile:	 	(312) 862-2200
	Email:	 	jschoenfeld@kirkland.com 
	benjamin.clinger@kirkland.com

 If to the Contributing Party: 

To the address set forth on the signature page hereto. 

with a copy to: 
 Thompson Coburn
LLP 
 55 East Monroe Street 

37th Floor. 

Chicago, IL 60603 

			
	Attention:	 	Mark S. Weisberg, Esq.
	Facsimile:	 	(312) 580-2340
	E mail:	 	mweisberg@thompsoncoburn.com

 f. Governing Law. This Agreement shall be governed in all respects, including as to
validity, interpretation and effect, by the Laws of the State of New York, without giving effect to its principles or rules of conflict of laws, to the extent such principles or rules are not mandatorily applicable by statute and would permit or
require the application of the laws of another jurisdiction. Each of the parties hereto submits to the exclusive jurisdiction of any state or federal court sitting in the Borough of Manhattan in the City of New York in any action or proceeding
arising out of or relating to this Agreement, agrees that all claims under any theory of liability, whether at law or equity, in contract, tort or otherwise, in respect of such action or proceeding may be heard and determined in any such court and
agrees not to bring any such action or proceeding arising out of or relating to this Agreement in any other court. Each of the parties hereto waives any defense of inconvenient forum to the maintenance of any action or proceeding so brought and
waives any bond, surety or other security that might be required of any other party with respect thereto. Each party hereto agrees that service of summons and complaint or any other process that might be served in any action or proceeding may be
made on such party by sending or delivering a copy of the process to the party to be served at the address of the party and in the manner provided for the giving of notices in Section 7.e, above. Nothing in this Section 7.f,
however, shall affect the right of any party to serve legal process in any other manner permitted by Law. Each party hereto agrees that a final, non-appealable judgment in any action or proceeding so brought shall be conclusive and may be enforced
by suit on the judgment or in any other manner provided by Law. THE PARTIES TO THIS AGREEMENT EACH HEREBY WAIVES, TO THE FULLEST EXTENT PERMITTED BY LAW, ANY RIGHT TO TRIAL BY JURY OF ANY CLAIM, DEMAND, ACTION, OR CAUSE OF ACTION (I) ARISING
UNDER THIS AGREEMENT OR (II) IN ANY WAY CONNECTED WITH OR RELATED OR INCIDENTAL TO THE DEALINGS OF THE PARTIES HERETO OR THERETO IN RESPECT OF THIS AGREEMENT OR ANY OF THE TRANSACTIONS RELATED HERETO, IN EACH CASE WHETHER NOW EXISTING OR HEREAFTER
ARISING, AND WHETHER IN CONTRACT, TORT, EQUITY, OR OTHERWISE. THE PARTIES TO THIS AGREEMENT EACH HEREBY AGREES AND CONSENTS THAT ANY SUCH CLAIM, DEMAND, ACTION, OR CAUSE OF ACTION SHALL BE DECIDED BY COURT TRIAL WITHOUT A JURY AND THAT THE PARTIES
TO THIS AGREEMENT MAY FILE AN ORIGINAL COUNTERPART OF A COPY OF THIS AGREEMENT WITH ANY COURT AS WRITTEN EVIDENCE OF THE CONSENT OF THE PARTIES HERETO TO THE WAIVER OF THEIR RIGHT TO TRIAL BY JURY. 

g. Assignment. This Agreement shall not be assigned by any Contributing Party without the prior written consent of the Company. This
Agreement shall be binding upon and inure to the benefit of the Company, the Contributing Parties and each of their respective heirs, successors and permitted assigns. 

h. Counterparts. This Agreement may be executed in several counterparts, each of which shall be deemed an original and all of which
shall together constitute one and the same instrument. Delivery of an executed counterpart of a signature page to this Agreement by facsimile or scanned pages shall be effective as delivery of a manually executed counterpart to this Agreement. 

 i. Headings. The article and section headings contained in this Agreement are solely for
the purpose of reference, are not part of the agreement of the parties and shall not affect in any way the meaning or interpretation of this Agreement. 

j. Severability. If any term or other provision of this Agreement is determined by a court of competent jurisdiction to be invalid,
illegal or unenforceable, all other provisions of this Agreement shall remain in full force and effect so long as the economic or legal substance of the transactions contemplated hereby is not affected in any manner materially adverse to any party.
Upon any such determination, the parties shall negotiate in good faith to modify this Agreement so as to effect the original intent of the parties as closely as possible in an acceptable manner in order that the transactions contemplated hereby be
consummated as originally contemplated to the fullest extent possible. 
 k. Tax Treatment. The exchange of the Exchange Shares for
the New Class A Units is intended to qualify pursuant to Section 721 of the Internal Revenue Code of 1986, as amended, and no party shall take any position inconsistent therewith, on audit or otherwise, unless otherwise required by
applicable law. Notwithstanding anything to the contrary, neither party makes any representations or warranties to the other party as to whether any third parties, including any taxing authority, will accept or agree with the intended
characterization of the transaction as set forth herein. 
 [The Remainder of This Page Is Intentionally Left Blank.] 

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

  

					
	PSAV INTERMEDIATE CORP.
		
	By:	 	 /s/ Bradley J. Gross

		 	Name:	 	Bradley J. Gross
		 	Title:	 	President & Secretary

  
 [Signature Page to
Contribution and Exchange Agreement] 

 
			
	CONTRIBUTING PARTY
	
	 /s/ J. Whitney Markowitz

	Name:	 	J. Whitney Markowitz
		
	Address:	 	 [Address]

		 	      

		 	  

 The contributing Party referenced above hereby certifies that he, she or it is: 

 

	x	if an “accredited investor” (as defined in Rule 501(a) under the Securities Act) 

  

	 ̈	not an “accredited investor” 

  
 [Signature Page to
Contribution and Exchange Agreement] 

 SCHEDULE 1 

SHARES OF INTERMEDIATE CORP. 
  

					
	 Name of Contributing Party
	  	Number of Shares of
Intermediate Corp.	 
	 James Markowitz
	  	 	2.62856	  

 SCHEDULE 2 

NEW CLASS A UNITS 
  

					
	 Name of Contributing Party
	  	Number of New Class A Units	 
	 James Markowitz
	  	 	525	  

 EXHIBIT A 

FORM OF COMPANY LLC AGREEMENT 

(see attached) 

 Exhibit B 

Form of Management Incentive Plan 

(see attached)EX-10.28

 Exhibit 10.28 

FORM OF 
 MANAGER
INDEMNIFICATION AGREEMENT 
 This Indemnification Agreement (“Agreement”) is made as of January 24, 2014 by and
between PSAV Holdings LLC (the “Company”),              and (“Indemnitee”). 

RECITALS 
 WHEREAS, the Company
desires to attract and retain the services of highly qualified individuals, such as Indemnitee, to serve the Company; 
 WHEREAS, in order
to induce Indemnitee to continue to provide services to the Company, the Company wishes to provide for the indemnification of, and advancement of expenses to, Indemnitee to the maximum extent permitted by applicable law; 

WHEREAS, the Company’s Amended and Restated Limited Liability Company Agreement (the “LLC Agreement”) requires
indemnification of the officers and managers of the Company, and the Company is permitted to make indemnification arrangements with the Indemnitee pursuant to the Limited Liability Company Act of the State of Delaware (the “DLLCA”);

 WHEREAS, the LLC Agreement expressly provide that the indemnification provisions set forth therein are not exclusive, and thereby
contemplate that contracts may be entered into between the Company and members of the board of managers, officers and other persons with respect to indemnification; 

WHEREAS, the Company and Indemnitee recognize the continued difficulty in obtaining liability insurance for the Company’s managers,
officers, employees, agents and fiduciaries, the significant and continual increases in the cost of such insurance and the general trend of insurance companies to reduce the scope of coverage of such insurance; 

WHEREAS, the Company and Indemnitee further recognize the substantial increase in litigation in general, subjecting managers, directors,
officers, employees, agents and fiduciaries to expensive litigation risks at the same time as the availability and scope of coverage of liability insurance provide increasing challenges for the Company; 

WHEREAS, Indemnitee does not regard the protection currently provided by applicable law, the Company’s governing documents and available
insurance as adequate under the present circumstances, and the Indemnitee and certain other managers, officers, employees, agents and fiduciaries of the Company may not be willing to continue to serve in such capacities without additional
protection; 
 WHEREAS, the Board of Managers of the Company (the “Board”) has determined that the increased difficulty in
attracting and retaining highly qualified persons such as Indemnitee is detrimental to the best interests of the Company’s members and that the Company should act to assure such persons that there will be increased certainty of such protection
in the future; 
 WHEREAS, it is reasonable, prudent and necessary for the Company contractually to obligate itself to indemnify, and to
advance expenses on behalf of, such persons to the fullest extent permitted by applicable law so that they will serve or continue to serve the Company free from undue concern that they will not be so indemnified; and 

 WHEREAS, this Agreement is a supplement to and in furtherance of the indemnification provided in
the LLC Agreement and any resolutions adopted pursuant thereto, and shall not be deemed a substitute therefor, nor to diminish or abrogate any rights of Indemnitee thereunder. 

WHEREAS, Indemnitee has certain rights to indemnification and/or insurance provided by the Sponsor Indemnitors (as defined below) which
Indemnitee and the Sponsor Indemnitors intend to be secondary to the primary obligation of the Company to indemnify Indemnitee as provided herein, with the Company’s acknowledgement and agreement to the foregoing being a material condition to
Indemnitee’s willingness to serve on the Board. 
 NOW, THEREFORE, in consideration of the premises and the covenants contained herein,
the Company and Indemnitee do hereby covenant and agree as follows: 
 Section 1. Services to the Company. Indemnitee agrees to
serve as a manager of the Company. Indemnitee may at any time and for any reason resign from such position (subject to any other contractual obligation or any obligation imposed by operation of law), in which event the Company shall have no
obligation under this Agreement to continue Indemnitee in such position. This Agreement shall not be deemed an employment contract between the Company (or any of its subsidiaries or any Enterprise) and Indemnitee. The foregoing notwithstanding and
subject to Section 14 of this Agreement, this Agreement shall continue in force after Indemnitee has ceased to serve as a manager of the Company and will continue to provide coverage, to the extent provided for in this Agreement, for matters
that occurred while Indemnitee served as a manager of the Company. 
 Section 2. Definitions 

As used in this Agreement: 
 (a)
“Company Status” describes the status of a person who is or was a manager, director, officer, employee, agent or consultant of the Company or of any other corporation, limited liability company, partnership, joint venture, trust,
employee benefit plan or other enterprise which such person is or was serving at the request of the Company as a director, manager, officer, employee, agent, consultant or fiduciary. 

(b) “Enterprise” shall mean the Company and any other corporation, limited liability company, partnership, joint venture,
trust, employee benefit plan or other enterprise of which Indemnitee is or was serving at the request of the Company as a manager, director, officer, employee, agent, consultant or fiduciary. 

(c) “Expenses” shall include all reasonable attorneys’ fees, retainers, court costs, transcript costs, fees of experts,
witness fees, travel expenses, duplicating costs, printing and binding costs, telephone charges, postage, delivery service fees, any federal, state, local or foreign taxes imposed on Indemnitee as a result of the actual or deemed receipt of any
payments under this Agreement, ERISA excise taxes and penalties, and all other disbursements or expenses of the types customarily incurred in connection with prosecuting, defending, preparing to prosecute or defend, investigating, being or preparing
to be a witness in, or otherwise participating in, a Proceeding. Expenses also shall include (i) expenses incurred in connection with any appeal resulting from any Proceeding, including without limitation the premium, security for, and
other costs relating to any cost bond, supersedeas bond, or other appeal bond or its equivalent, and (ii) expenses incurred by Indemnitee in connection with the interpretation, enforcement or defense of Indemnitee’s rights under this
Agreement, by litigation or otherwise. The parties agree that for the purposes of any advancement of Expenses for which Indemnitee has made written demand to the Company in accordance with this Agreement, all Expenses included in

 
such demand that are certified by affidavit of Indemnitee’s counsel as being reasonable shall be presumed conclusively to be reasonable. Expenses, however, shall not include amounts paid in
settlement by Indemnitee or the amount of judgments or fines against Indemnitee. 
 (d) The term “Proceeding” shall include any
threatened, pending or completed action, suit, arbitration, alternate dispute resolution mechanism, investigation, inquiry, administrative hearing or any other actual, threatened or completed proceeding, whether brought in the right of the Company
or otherwise and whether of a civil, criminal, administrative legislative, or investigative (formal or informal) nature, including any and all appeals therefrom, in which Indemnitee was, is or will be involved as a party, potential party, non-party
witness or otherwise by reason of the fact that Indemnitee is or was a manager, consultant or officer of the Company, by reason of any action taken by him or of any action on his part while acting as manager, consultant or officer of the Company, or
by reason of the fact that he is or was serving at the request of the Company as a manager, director, consultant, officer, employee or agent of another corporation, limited liability company, partnership, joint venture, trust, employee benefit plan
or other enterprise, in each case whether or not serving in such capacity at the time any liability or expense is incurred for which indemnification, reimbursement, or advancement of expenses can be provided under this Agreement. If the Indemnitee
believes in good faith that a given situation may lead to or culminate in the institution of a Proceeding, such situation shall be considered a Proceeding under this paragraph. 

Section 3. Indemnity in Third-Party Proceedings. The Company shall indemnify Indemnitee in accordance with the provisions of this
Section 3 if Indemnitee is, or is threatened to be made, a party to or a participant in any Proceeding, other than a Proceeding by or in the right of the Company to procure a judgment in its favor (which is covered by Section 4 of this
Agreement). Pursuant to this Section 3, Indemnitee shall be indemnified to the fullest extent permitted by applicable law against (i) all judgments, fines and amounts paid in settlement and (ii) all Expenses reasonably incurred by
Indemnitee or on his behalf in connection with such Proceeding or any claim, issue or matter therein, except with respect to (x) any act taken by the Indemnitee purporting to bind the Company that has not been authorized pursuant to the terms
of the LLC Agreement or (y) any act or omission taken in bad faith or with respect to which such Indemnitee was grossly negligent or engaged in intentional misconduct. Indemnitee shall not enter into any settlement in connection with a
Proceeding without ten (10) days prior notice to the Company. 
 Section 4. Indemnity in Proceedings by or in the Right of the
Company. The Company shall indemnify Indemnitee in accordance with the provisions of this Section 4 if Indemnitee is, or is threatened to be made, a party to or a participant in any Proceeding by or in the right of the Company to procure a
judgment in its favor. Pursuant to this Section 4, Indemnitee shall be indemnified to the fullest extent permitted by applicable law against (i) all judgments, fines and amounts paid in settlement and (ii) all Expenses reasonably
incurred by Indemnitee or on his behalf in connection with such Proceeding or any claim, issue or matter therein, except with respect to (x) any act taken by the Indemnitee purporting to bind the Company that has not been authorized pursuant to
the terms of the LLC Agreement or (y) any act or omission taken in bad faith or with respect to which such Indemnitee was grossly negligent or engaged in intentional misconduct. No indemnification for Expenses shall be made under this
Section 4 in respect of any claim, issue or matter as to which Indemnitee shall have been finally adjudged by a court to be liable to the Company, unless and only to the extent that the Delaware Court of Chancery (the “Delaware
Court”) or any court in which the Proceeding was brought shall determine upon application that, despite the adjudication of liability but in view of all the circumstances of the case, Indemnitee is fairly and reasonably entitled to
indemnification for such expenses as the Delaware Court or such other court shall deem proper. 

 Section 5. Indemnification for Expenses of a Party Who is Wholly or Partly
Successful. To the extent that Indemnitee is a party to and is successful, on the merits or otherwise, in any Proceeding or in defense of any claim, issue or matter therein, in whole or in part, the Company shall indemnify Indemnitee against all
Expenses reasonably incurred by him in connection therewith. If Indemnitee is not wholly successful in such Proceeding but is successful, on the merits or otherwise, as to one or more but less than all claims, issues or matters in such Proceeding,
the Company shall indemnify Indemnitee against (a) all Expenses reasonably incurred by him or on his behalf in connection with each successfully resolved claim, issue or matter and (b) any claim, issue or matter related to any such
successfully resolved claim, issue or matter. For purposes of this Section 5 and without limitation, the termination of any claim, issue or matter in such a Proceeding by dismissal, with or without prejudice, shall be deemed to be a successful
result as to such claim, issue or matter. Nothing in this Section 5 is intended to limit Indemnitee’s rights provided for in Sections 3 and 4. 

Section 6. Indemnification For Expenses of a Witness. To the extent that Indemnitee is, by reason of his Company Status, a witness
or otherwise asked to participate in any Proceeding to which Indemnitee is not a party, he shall be indemnified against all Expenses reasonably incurred by him or on his behalf in connection therewith. Nothing in this Section 6 is intended to
limit Indemnitee’s rights provided for in Sections 3 and 4. 
 Section 7. Partial Indemnification. If Indemnitee is
entitled under any provision of this Agreement to indemnification by the Company for some or a portion of Expenses, but not, however, for the total amount thereof, the Company shall nevertheless indemnify Indemnitee for the portion thereof to which
Indemnitee is entitled. 
 Section 8. Additional Indemnification. 

(a) Subject to the specific qualifications set forth in Sections 3, 4, or 5, the Company shall indemnify Indemnitee to the fullest extent
permitted by applicable law if Indemnitee is a party to or is threatened to be made a party to any Proceeding (including a Proceeding by or in the right of the Company to procure a judgment in its favor) against all Expenses, judgments, fines,
penalties and amounts paid in settlement reasonably incurred by Indemnitee in connection with such Proceeding. 
 (b) For purposes of
Section 8(a), it is the intent of the parties hereto that the meaning of the phrase “to the fullest extent permitted by applicable law” means rights of indemnity that are as favorable as may be permitted under the law and public
policy of the State of Delaware. 
 Section 9. Exclusions. Notwithstanding any provision in this Agreement to the contrary, the
Company shall not be obligated under this Agreement to make any indemnity: 
 (a) subject to Section 13(c), for which payment has
actually been made to or on behalf of Indemnitee under any insurance policy or other indemnity provision, except with respect to any excess beyond the amount paid under any insurance policy or other indemnity provision; 

(b) for any disgorgement of profits made from the purchase and sale (or sale and purchase) by Indemnitee of securities of the Company under
Section 16(b) of the Securities Exchange Act of 1934, as amended, or similar provisions of state statutory law or common law; 
 (c)
for claims initiated or brought by Indemnitee against the Company or its managers, officers, employees or other indemnitees, except (i) with respect to actions or proceedings brought to establish or enforce a right to receive Expenses or
indemnification under this Agreement or any other agreement or insurance policy or under the LLC Agreement now or hereafter in effect relating to indemnification, (ii) if the Board has approved the initiation or bringing of such claim, or
(iii) as otherwise required under Delaware law; or 
 (d) for which payment is prohibited by applicable law. 

 Section 10. Advances of Expenses. Notwithstanding any provision of this Agreement to
the contrary, the Company shall advance, to the extent not prohibited by applicable law, all Expenses incurred by or on behalf of Indemnitee (or which Indemnitee determines are reasonably likely to be paid or incurred by Indemnitee within three
(3) months) in connection with any Proceeding, and such advancement shall be made within twenty (20) days after the receipt by the Company of a statement or statements requesting such advances (which shall include invoices received by
Indemnitee in connection with such Expenses but, in the case of invoices in connection with legal services, any references to legal work performed or to expenditures made that would cause Indemnitee to waive any privilege accorded by applicable law
shall not be included with the invoice) from time to time, whether prior to or after final disposition of any Proceeding. Advances shall be unsecured and interest free. Advances shall be made without regard to Indemnitee’s ability to repay
expenses and without regard to Indemnitee’s ultimate entitlement to indemnification under the other provisions of this Agreement. Advances shall include any and all reasonable Expenses incurred pursuing an action to enforce this right of
advancement, including Expenses incurred preparing and forwarding statements to the Company to support the advances claimed. The Indemnitee shall qualify for advances upon the execution and delivery to the Company of this Agreement, which shall
constitute an undertaking providing that the Indemnitee undertakes to the fullest extent required by applicable law to repay the amounts advanced (without interest) if and to the extent that it is ultimately determined by a court of competent
jurisdiction in a final judgment, not subject to appeal, that Indemnitee is not entitled to be indemnified by the Company. The execution of this Agreement shall satisfy the requirement set forth under Section 4.05 of the LLC Agreement and no
other form of undertaking shall be required to receive advances of Expenses. This Section 10 shall not apply to any claim made by Indemnitee for which indemnity is excluded pursuant to Section 9. The right to advances under this paragraph
shall in all events continue until final disposition of any Proceeding. 
 Section 11. Procedure for Notification and Defense of
Claim. 
 (a) To obtain indemnification or advancement of Expenses under this Agreement, Indemnitee shall submit to the Company a
written request therefor. The omission by Indemnitee to notify the Company hereunder will not relieve the Company from any liability which it may have to Indemnitee hereunder, under the LLC Agreement, any resolution of the Board providing for
indemnification or otherwise, and any delay in so notifying the Company shall not constitute a waiver by Indemnitee of any rights under this Agreement. The Secretary of the Company shall, promptly upon receipt of such a request for indemnification,
advise the Board in writing that Indemnitee has requested indemnification. 
 (b) The Company will be entitled to participate in any
Proceeding at its own expense. 
 Section 12. Remedies of Indemnitee. 

(a) Subject to Section 12(e), in the event that (i) the Board determines that Indemnitee is not entitled to indemnification under
this Agreement, (ii) advancement of Expenses is not timely made pursuant to Section 10 of this Agreement, (iii) payment of indemnification is not made pursuant to Section 5, 6 or 7 of this Agreement within ten (10) days
after receipt by the Company of a written request therefor, (v) payment of indemnification pursuant to Section 3, 4 or 8 of this Agreement is not made within ten (10) days after a request for indemnification, or (vi) in the event
that the Company or any other person takes or threatens to take any action to declare this Agreement void or unenforceable, or institutes any litigation or 

 
other action or Proceeding designed to deny, or to recover from, the Indemnitee the benefits provided or intended to be provided to the Indemnitee hereunder, Indemnitee shall be entitled to an
adjudication by a court of his entitlement to such indemnification and/or advancement of Expenses. Alternatively, Indemnitee, at his option, may seek an award in arbitration to be conducted by a single arbitrator pursuant to the Commercial
Arbitration Rules of the American Arbitration Association. Indemnitee shall commence such proceeding seeking an adjudication or an award in arbitration within 180 days following the date on which Indemnitee first has the right to commence such
proceeding pursuant to this Section 12(a); provided, however, that the foregoing clause shall not apply in respect of a proceeding brought by Indemnitee to enforce his rights under Section 5 of this Agreement. The Company
shall not oppose Indemnitee’s right to seek any such adjudication or award in arbitration. 
 (b) In the event that a determination
shall have been by the Board that Indemnitee is not entitled to indemnification, any judicial proceeding or arbitration commenced pursuant to this Section 12 shall be conducted in all respects as a de novo trial, or arbitration, on the merits
and Indemnitee shall not be prejudiced by reason of that adverse determination. In any judicial proceeding or arbitration commenced pursuant to this Section 12, the Company shall have the burden of proving Indemnitee is not entitled to
indemnification or advancement of Expenses, as the case may be. 
 (c) The Company shall be precluded from asserting in any judicial
proceeding or arbitration commenced pursuant to this Section 12 that the procedures and presumptions of this Agreement are not valid, binding and enforceable and shall stipulate in any such court or before any such arbitrator that the Company
is bound by all the provisions of this Agreement. It is the intent of the Company that, to the fullest extent permitted by applicable law, the Indemnitee not be required to incur legal fees or other Expenses associated with the interpretation,
enforcement or defense of Indemnitee’s rights under this Agreement by litigation or otherwise because the cost and expense thereof would substantially detract from the benefits intended to be extended to the Indemnitee hereunder. To the fullest
extent permitted by applicable law, the Company shall indemnify Indemnitee against any and all Expenses and, if requested by Indemnitee, shall (within ten (10) days after receipt by the Company of a written request therefor) advance such
Expenses to Indemnitee, which are incurred by Indemnitee in connection with any action brought by Indemnitee for indemnification or advance of Expenses from the Company under this Agreement or under any directors’ (or managers’) and
officers’ liability insurance policies maintained by the Company, regardless of whether Indemnitee ultimately is determined to be entitled to such indemnification, advancement of Expenses or insurance recovery, as the case may be, in the suit
for which indemnification or advances is being sought. 
 Section 13. Non-exclusivity; Survival of Rights; Insurance;
Subrogation. 
 (a) The rights of indemnification and to receive advancement of Expenses as provided by this Agreement shall not be
deemed exclusive of any other rights to which Indemnitee may at any time be entitled under applicable law, the LLC Agreement, any agreement, a vote of members or a resolution of the Board, or otherwise. No amendment, alteration or repeal of this
Agreement or of any provision hereof shall limit or restrict any right of Indemnitee under this Agreement in respect of any action taken or omitted by such Indemnitee in his Company Status prior to such amendment, alteration or repeal. To the extent
that a change in Delaware law, whether by statute or judicial decision, permits greater indemnification or advancement of Expenses than would be afforded currently under the LLC Agreement and this Agreement, it is the intent of the parties hereto
that Indemnitee shall enjoy by this Agreement the greater benefits so afforded by such change. No right or remedy herein conferred is intended to be exclusive of any other right or remedy, and every other right and remedy shall be cumulative and in
addition to every other right and remedy given hereunder or now or hereafter existing at law or in equity or otherwise. The assertion or employment of any right or remedy hereunder, or otherwise, shall not prevent the concurrent assertion or
employment of any other right or remedy. 

 (b) To the extent that the Company maintains an insurance policy or policies providing liability
insurance for directors, managers, consultants, officers, employees, or agents of the Company or of any other Enterprise, Indemnitee shall be covered by such policy or policies in accordance with its or their terms to the maximum extent of the
coverage available for any such director, manager, consultant, officer, employee or agent under such policy or policies. If, at the time of the receipt of a notice of a claim pursuant to the terms hereof, the Company has director and officer
liability insurance in effect, the Company shall give prompt notice of such claim or of the commencement of a proceeding, as the case may be, to the insurers in accordance with the procedures set forth in the respective policies. The Company shall
thereafter take all necessary or desirable action to cause such insurers to pay, on behalf of the Indemnitee, all amounts payable as a result of such proceeding in accordance with the terms of such policies. 

(c) The Company hereby acknowledges that Indemnitee has certain rights to indemnification, advancement of expenses and/or insurance provided
by [Goldman, Sachs & Co.][Olympus Advisors LLC] and/or certain of its affiliates (collectively, the “Sponsor Indemnitors”). The Company hereby agrees (i) that it is the indemnitor of first resort (i.e., its obligations
to Indemnitee are primary and any obligation of the Sponsor Indemnitors to advance expenses or to provide indemnification for the same expenses or liabilities incurred by Indemnitee are secondary), (ii) that it shall be required to advance the
full amount of expenses incurred by Indemnitee and shall be liable for the full amount of all Expenses, judgments, penalties, fines and amounts paid in settlement to the extent legally permitted and as required by the terms of this Agreement and the
LLC Agreement (or any other agreement between the Company and Indemnitee), without regard to any rights Indemnitee may have against the Sponsor Indemnitors, and, (iii) that it irrevocably waives, relinquishes and releases the Sponsor
Indemnitors from any and all claims against the Sponsor Indemnitors for contribution, subrogation or any other recovery of any kind in respect thereof. The Company further agrees that no advancement or payment by the Sponsor Indemnitors on behalf of
Indemnitee with respect to any claim for which Indemnitee has sought indemnification from the Company shall affect the foregoing and the Sponsor Indemnitors shall have a right of contribution and/or be subrogated to the extent of such advancement or
payment to all of the rights of recovery of Indemnitee against the Company. The Company and Indemnitee agree that the Sponsor Indemnitors are express third party beneficiaries of the terms of this Section 13(c). 

(d) Except as provided in Section 13(c), in the event of any payment under this Agreement, the Company shall be subrogated to the extent
of such payment to all of the rights of recovery of Indemnitee (other than against the Sponsor Indemnitors), who shall execute all papers required and take all action necessary to secure such rights, including execution of such documents as are
necessary to enable the Company to bring suit to enforce such rights. 
 (e) Except as provided in Section 13(c), the Company shall not
be liable under this Agreement to make any payment of amounts otherwise indemnifiable hereunder (or for which advancement is provided hereunder) if and to the extent that Indemnitee has otherwise actually received such payment under any insurance
policy, contract, agreement or otherwise. 
 (f) Except as provided in Section 13(c), the Company’s obligation to indemnify or
advance Expenses hereunder to Indemnitee who is or was serving at the request of the Company as a director, manager, consultant, officer, employee or agent of any other corporation, limited liability company, partnership, joint venture, trust,
employee benefit plan or other enterprise shall be reduced by any amount Indemnitee has actually received as indemnification or advancement of Expenses from such other corporation, limited liability company, partnership, joint venture, trust,
employee benefit plan or other enterprise. 

 Section 14. Duration of Agreement. This Agreement shall continue until and terminate
upon the later of: (a) ten (10) years after the date that Indemnitee shall have ceased to serve as a manager of the Company or (b) one (1) year after the final termination of any Proceeding then pending on such ten (10) year
anniversary in respect of which Indemnitee is granted rights of indemnification or advancement of Expenses hereunder and of any proceeding commenced by Indemnitee pursuant to Section 14 of this Agreement relating thereto. This Agreement shall
be binding upon the Company and its successors and assigns and shall inure to the benefit of Indemnitee and his heirs, executors and administrators. The Company shall require and cause any successor (whether direct or indirect by purchase, merger,
consolidation or otherwise) to all, substantially all or a substantial part, of the business and/or assets of the Company, by written agreement in form and substance satisfactory to the Indemnitee, expressly to assume and agree to perform this
Agreement in the same manner and to the same extent that the Company would be required to perform if no such succession had taken place. 

Section 15. Severability. If any provision or provisions of this Agreement shall be held to be invalid, illegal or unenforceable
for any reason whatsoever: (a) the validity, legality and enforceability of the remaining provisions of this Agreement (including without limitation, each portion of any Section of this Agreement containing any such provision held to be
invalid, illegal or unenforceable, that is not itself invalid, illegal or unenforceable) shall not in any way be affected or impaired thereby and shall remain enforceable to the fullest extent permitted by applicable law; (b) such provision or
provisions shall be deemed reformed to the extent necessary to conform to applicable law and to give the maximum effect to the intent of the parties hereto; and (c) to the fullest extent possible, the provisions of this Agreement (including,
without limitation, each portion of any Section of this Agreement containing any such provision held to be invalid, illegal or unenforceable, that is not itself invalid, illegal or unenforceable) shall be construed so as to give effect to the intent
manifested thereby. 
 Section 16. Enforcement. 

(a) The Company expressly confirms and agrees that it has entered into this Agreement and assumed the obligations imposed on it hereby in
order to induce Indemnitee to serve as a manager of the Company, and the Company acknowledges that Indemnitee is relying upon this Agreement in serving as a manager of the Company. 

(b) This Agreement constitutes the entire agreement between the parties hereto with respect to the subject matter hereof and supersedes all
prior agreements and understandings, oral, written and implied, between the parties hereto with respect to the subject matter hereof; provided, however, that this Agreement is a supplement to and in furtherance of the LLC Agreement,
any resolution of the Board providing for indemnification and applicable law, and shall not be deemed a substitute therefor, nor to diminish or abrogate any rights of Indemnitee thereunder. 

Section 17. Modification and Waiver. No supplement, modification or amendment, or waiver of any provision, of this Agreement shall
be binding unless executed in writing by the parties hereto. No waiver of any of the provisions of this Agreement shall be deemed or shall constitute a waiver of any other provisions of this Agreement nor shall any waiver constitute a continuing
waiver. 
 Section 18. Notice by Indemnitee. Indemnitee agrees promptly to notify the Company in writing upon being served with
any summons, citation, subpoena, complaint, indictment, information or other document relating to any Proceeding or matter which may be subject to indemnification or advancement of Expenses covered hereunder. The failure of Indemnitee to so notify
the Company shall not relieve the Company of any obligation which it may have to the Indemnitee under this Agreement or otherwise. 

 Section 19. Notices. All notices, requests, demands and other communications under
this Agreement shall be in writing and shall be deemed to have been duly given if (a) delivered by hand and receipted for by the party to whom said notice or other communication shall have been directed, (b) mailed by certified or
registered mail with postage prepaid, on the third business day after the date on which it is so mailed, (c) mailed by reputable overnight courier and receipted for by the party to whom said notice or other communication shall have been
directed or (d) sent by facsimile transmission, with receipt of oral confirmation that such transmission has been received: 
 (a) If
to Indemnitee, at the address indicated on the signature page of this Agreement, or such other address as Indemnitee shall provide to the Company. 

(b) If to the Company to: 
  

			
	PSAV Holdings LLC
	111 West Ocean Blvd. #1110
	Long Beach, CA 90802]
	Attention:	  	J. Whitney Markowitz
	Facsimile:	  	(562) 366-0265

 with a copy (which shall not constitute notice) to: 

 

			
	Weil, Gotshal & Manges LLP
	767 Fifth Avenue
	New York, New York 10153
	Attention:	  	Michael J. Aiello
	Facsimile:	  	(212) 310-8007

 and 
  

			
	Kirkland & Ellis LLP
	300 N. LaSalle
	Chicago, IL 60622
	Attn:	  	John A. Schoenfeld and Benjamin P. Clinger
	Facsimile:	  	(312) 862-2200

 or to any other address as may have been furnished to Indemnitee by the Company. 

Section 20. Contribution. To the fullest extent permitted by applicable law, if the indemnification provided for in this Agreement
is unavailable to Indemnitee for any reason whatsoever, the Company, in lieu of indemnifying Indemnitee, shall contribute to the amount incurred by Indemnitee, whether for judgments, fines, penalties, excise taxes, amounts paid or to be paid in
settlement and/or for Expenses, in connection with any claim relating to an indemnifiable event under this Agreement, in such proportion as is deemed fair and reasonable in light of all of the circumstances of such Proceeding in order to reflect
(i) the relative benefits received by the Company and Indemnitee as a result of the event(s) and/or transaction(s) giving cause to such Proceeding; and/or (ii) the relative fault of the Company (and its managers, officers, employees and
agents) and Indemnitee in connection with such event(s) and/or transaction(s). 
 Section 21. Applicable Law and Consent to
Jurisdiction. This Agreement and the legal relations among the parties shall be governed by, and construed and enforced in accordance with, the laws 

 
of the State of Delaware, without regard to its conflict of laws rules. Except with respect to any arbitration commenced by Indemnitee pursuant to Section 12(a) of this Agreement, the
Company and Indemnitee hereby irrevocably and unconditionally (i) agree that any action or proceeding arising out of or in connection with this Agreement shall be brought only in the Delaware Court, and not in any other state or federal court
in the United States of America or any court in any other country, (ii) consent to submit to the exclusive jurisdiction of the Delaware Court for purposes of any action or proceeding arising out of or in connection with this Agreement,
(iii) appoint, to the extent such party is not otherwise subject to service of process in the State of Delaware, The Corporation Trust Company, Wilmington, Delaware as its agent in the State of Delaware as such party’s agent for acceptance
of legal process in connection with any such action or proceeding against such party with the same legal force and validity as if served upon such party personally within the State of Delaware, (iv) waive any objection to the laying of venue of
any such action or proceeding in the Delaware Court, and (v) waive, and agree not to plead or to make, any claim that any such action or proceeding brought in the Delaware Court has been brought in an improper or inconvenient forum. 

Section 22. Identical Counterparts. This Agreement may be executed in one or more counterparts, each of which shall for all
purposes be deemed to be an original but all of which together shall constitute one and the same Agreement. Only one such counterpart signed by the party against whom enforceability is sought needs to be produced to evidence the existence of this
Agreement. 
 Section 23. Miscellaneous. The headings of this Agreement are inserted for convenience only and shall not be
deemed to constitute part of this Agreement or to affect the construction thereof. 
 Section 24. Information Sharing. The
Company hereby consents (i) to the Indemnitee sharing any information provided by the Company or its subsidiaries to Indemnitee in his or her capacity as a manager (such information, the “Shareable Information”) with the
Sponsor Indemnitor and its affiliates and the officers, managers, directors, members, employees and representatives of either (collectively, the “Covered Parties”) and (ii) to the internal use by any of the Covered Parties of
such Shareable Information in compliance with applicable laws; provided that, the Sponsor Indemnitor maintains adequate procedures to maintain the confidence of any such disclosed information that is subject to attorney-client privilege at
the time of disclosure for purposes thereof. 
 [signature page follows] 

 IN WITNESS WHEREOF, the parties have caused this Agreement to be signed as of the day and year
first above written. 
  

			
	COMPANY:
	
	PSAV HOLDINGS LLC
		
	By:	 	  

		 	Name:
		 	Title:
	
	INDEMNITEE:
		
	By:	 	  

		 	Name:

  
 [Signature Page to
Manager Indemnification Agreement]

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00249-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00249-of-00352.parquet"}]]