Document:

Exhibit 10.16
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Certain identified information marked with “[***]” has been omitted from this document because it is both (i) not material and (ii) the type that the registrant treats as private or confidential.
EXPLORETRIP, INC. AND METAMINDS SOFTWARE SOLUTIONS LIMITED
AMENDED AND RESTATED SERVICES AGREEMENT
THIS AMENDED AND RESTATED SERVICES AGREEMENT (“Agreement”) is entered into on September 26, 2011, and is effective as of April 16, 2010 (“Effective Date”), by and between ExploreTrip, Inc., a Delaware corporation (the “Company”), and MetaMinds Software Solutions Limited, a corporation limited by shares organized under the laws of India (“Service Provider”) (each a “Party” and collectively the “Parties”).
WHEREAS, Service Provider has certain resources and expertise useful to the Company;
WHEREAS, the Company desires to retain such resources and services from Service Provider under the terms and conditions of this Agreement;
WHEREAS, the Company and Service Provider entered into that certain Intercompany Services Agreement, dated April 16, 2010, (as amended, the “Original Agreement”); and
WHEREAS, the Company and Service Provider desire to amend and restate the Original Agreement in its entirety as set forth herein.
NOW, THEREFORE, in consideration of the mutual promises set forth herein, the Parties hereto agree that the Original Agreement is hereby amended and restated in its entirety as follows:
1.Provision of Personnel; Services, Subcontractors.
1.1Service Provider agrees to provide to the Company qualified personnel (“Service Provider Employees”) and to perform the services described in Exhibit A, which the Parties may update from time to time upon mutual written agreement (“Services”). In connection with the Services, Service Provider shall create deliverables (“Deliverables”) subject to criteria (“Criteria”) as set forth in the Statement of Work attached hereto as Exhibit B (the “Initial Statement of Work”) or any subsequent Statement of Work (a “Subsequent SOW,” and collectively with the Initial SOW, a “SOW”), which the Company may periodically deliver to Service Provider after the date hereof and which is reasonably accepted by Service Provider (such consent not to be unreasonably withheld, conditioned or delayed). All such Subsequent SOWs shall be reasonably consistent with the Services.
1.2Service Provider shall ensure that the Service Provider Employees are highly qualified and possess sufficient educational qualifications and experience to provide the Services to the Company in a professional and timely manner.
1.3Upon the Company’s request, Service Provider shall submit progress reports to the Company, and otherwise shall reasonably cooperate with the Company in providing
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information, regarding the Services to be provided and any Deliverables to be completed under this Agreement.
1.4The Company may at any time request removal of a Service Provider Employee from the engagement under this Agreement, and upon any such request, Service Provider shall remove such Service Provider Employee from the engagement and use commercially reasonable efforts to provide a suitable replacement subject to the Company’s reasonable approval.
1.5The Company shall provide the Service Provider Employees with any requested clerical, administrative and/or technical support services and materials necessary to provide the Services, as reasonably determined by the Company.
1.6Service Provider and its Service Provider Employees shall comply with all applicable laws, regulations, ordinances and other governmental rules in providing the Services under this Agreement.
1.7When Service Provider Employees are on the Company’s premises, they shall comply with all applicable Company rules, regulations and policies applicable to other contractors at the Company, including such matters as on-site working hours, and holidays.
1.8Service Provider shall not enter into any subcontract for any portion of the Services or all or any portion of its obligations under this Agreement without the prior written consent of the Company.
2.Fees, Invoices and Payment.
2.1In consideration of Service Provider’s performance of Services under this Agreement, the Company shall pay Service Provider, or its designees, the fees as specified in Exhibit A. The Company shall not be liable for payment of any expenses or other charges that are not set forth in Exhibit A unless the charges shall have been approved by the Company in advance in writing (“Approved Expenses”). Upon request, Service Provider shall provide reasonable documentation of any Approved Expenses incurred in connection with the Services and chargeable to the Company pursuant to this Agreement.
2.2Service Provider shall submit monthly invoices to the Company for Services rendered to the Company under this Agreement and any Approved Expenses.
2.3Service Provider’s rates for certain types of work to be performed for the Company are as set forth in Exhibit A, which rates shall not increase during the term of this Agreement.
2.4With respect to any amount owed or payable to the Company by Service Provider under this Agreement, the Company may set off the entire amount owed or payable against any amount that is owed or payable to Service Provider under this Agreement.
2.5Service Provider is responsible for the payment of any taxes, including sales, use or value-added taxes, intangible taxes and any other taxes, which may be owing in respect of the
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Services provided by Service Provider, and Service Provider is liable for its net income, property and employee related taxes, except to the extent expressly provided in Exhibit A. The Company shall be entitled to deduct and withhold from amounts otherwise payable pursuant to this Agreement such amounts as the Company is required to deduct and withhold under the Internal Revenue Code or any provision of state, local or foreign tax law (including Indian tax law).  To the extent that amounts are so withheld and paid over to the appropriate taxing authority by the Company, such withheld amounts shall be treated for all purposes of this Agreement as having been paid to the Service Provider in respect of which such deduction and withholding was made by the Company.
2.6Any expenses that are not Approved Expenses that Service Provider incurs or expects to incur that are incidental to Service Provider’s performance of the Services, such as long distance telephone charges, office supplies, document reproduction, shipping and overnight mail charges, network connectivity charges, overnight mail charges and costs associated with personnel training, shall be deemed included in the prices set forth in Exhibit A. Such incidental expenses shall be the sole responsibility of Service Provider and shall in no circumstances be reimbursed by the Company.  Approved Expenses shall be paid in accordance with Section 2.2.
2.7The Company shall have no obligation to reimburse Approved Expenses that are submitted to the Company more than ninety (90) days after the end of the month in which such expenses were incurred.
2.8Service Provider shall keep proper records and books of account with respect to the costs and expenses referred to above, and such records and books shall be available to the Company for review at such times as the Company may reasonably request during the term of this Agreement. The Company agrees to keep information disclosed by such review confidential pursuant to Section 7.
2.9The Company shall pay all undisputed invoices within fifteen days of receipt by the Company of such invoices. If the Company, in good faith, disputes any charges regarding the Services, it shall notify Service Provider thereof as soon as reasonably practicable and the Parties shall reasonably cooperate to address such dispute. With respect to those portions not in dispute, Service Provider shall submit a new invoice for such portions and the Company shall pay such invoice in accordance with the time period associated with the original invoice (but not sooner than 15 days after receipt of the new invoice). With respect to those portions in dispute, the Company may withhold payment of such portions. Notwithstanding the foregoing, any payment by the Company shall be without prejudice to the Company’s right to contest the accuracy of any invoice or other rights available to the Company.
3.Term and Termination.
3.1This Agreement is effective as of the Effective Date and shall continue until terminated as provided in this Section 3.
3.2The Company may at any time terminate any SOW, any Service or the work on any Deliverable, in each case, or any portion thereof, or this Agreement, in each case, upon one
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hundred twenty (120) days prior written notice to Service Provider. Upon any such termination, Service Provider shall cease, and shall promptly cause the Service Provider Employees to cease, performing the terminated Services or creating the Deliverables unless the Parties agree that Service Provider is to complete certain Services in accordance with the applicable terms of this Agreement or in Exhibit A. In such event, all rights and obligations of the Parties under this Agreement shall continue in effect with respect to such Services until their completion. Upon any such termination for any reason, Service Provider shall, and shall cause the Service Provider Employees to, within a reasonable period of time after the termination (or completion), return or otherwise provide to the Company: (i) all of the Confidential Information (as defined below) relating to the terminated Services or Deliverables; (ii) all documents, drawings, notes, memoranda, specifications, software, electronic media, designs, devices, including on-line documentation, and any other material relating to the terminated Services or Deliverables, in whatever form or medium; and (iii) any equipment or other materials provided by the Company to Service Provider and/or Service Provider Employees relating to the terminated Services or Deliverables.
3.3All licenses granted to the Company under or pursuant to this Agreement are, and shall otherwise be deemed to be, for purposes of Paragraph 365(n) of the U.S. Bankruptcy Code, licenses of rights to “intellectual property” as defined under Paragraph 101(35A) of the U.S. Bankruptcy Code. The Parties agree that the Company, as a licensee of such rights under this Agreement, shall retain and may fully exercise all of its rights and elections under the U.S. Bankruptcy Code, or similar laws of other jurisdictions.
3.4The obligations of the Parties under this Agreement that the Parties have expressly agreed shall survive termination of this Agreement (including Sections 4 through 10, inclusive) or that, by their nature, would continue beyond the termination of this Agreement, shall survive the termination of this Agreement for any reason.
3.5In the event of the termination of a Service or this Agreement for any reason, Service Provider shall, upon the Company’s request, provide any new Services requested by the Company that may be required to facilitate the transfer of the affected Services to the Company or its designee, as applicable, including providing training in the performance of the affected Services to the Company or third party personnel. Without limiting the foregoing, Service Provider shall deliver to the Company or its designee all documents, drawings, notes, memoranda, specifications, software, electronic media, designs, devices, including on-line documentation, and any other material relating to the affected Services, in whatever form or medium.
4.Intellectual Property Rights.
4.1“Intellectual Property” means any and all of the following in any jurisdiction throughout the world (i) patents, patent applications, patent disclosures, as well as any reissues, continuations, continuations-in-part, divisions, extensions or reexaminations thereof, (ii) trademarks, service marks, trade dress, trade names, logos, and corporate names and registrations and applications for registration thereof, together with all of the goodwill associated therewith, (iii) Internet domain names, (iv) copyrights (registered or unregistered) and 
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copyrightable works and registrations and applications for registration thereof, (v) mask works and registrations and applications for registration thereof, (vi) software, (vii) trade secrets and other confidential information (including ideas, formulas, compositions, inventions (whether patentable or unpatentable and whether or not reduced to practice), know-how, manufacturing and production processes and techniques, research and development information, drawings, specifications, designs, plans, proposals, technical data, financial and marketing plans, and customer and supplier lists and information), and (viii) other intellectual property rights.
4.2To the extent Service Provider includes in any Deliverables or work product any previously existing Intellectual Property owned solely and exclusively by Service Provider (“Service Provider Utilized IP”), Service Provider hereby grants to the Company a non-exclusive, worldwide, royalty-free, transferable, perpetual, irrevocable license, with the right to sublicense, to make, have made, use, copy, maintain, modify, enhance, and create derivative works of such Service Provider Utilized IP in any such Deliverables or work product in connection with the Company’s use of such Deliverables or work product and derivative works thereof. The foregoing license shall include provision to the Company of any source code necessary or appropriate to affect its use of the license. To the extent that Service Provider includes in any Deliverable or work product any Intellectual Property rights licensed to Service Provider by a third party, Service Provider shall obtain for the Company the right to use such Intellectual Property rights pursuant to the license granted in this Section 4 unless otherwise agreed by the Parties. The license rights granted in this Section 4 shall survive the termination of this Agreement.
4.3Deliverables and Work Product.
(a)During the term of this Agreement, Service Provider shall create Deliverables as set forth in an SOW.  All Deliverables and work product (but excluding any Service Provider Utilized IP that are included in any Deliverable or work product, which shall be governed by the license set forth in Section 4.3) shall be considered “works made for hire”/ under a “contract of service” and shall be owned by the Company and the Company shall be, pursuant to the United States Copyright Act of 1976, The Copyright Act, 1957 (India) or any other applicable law, the author of such work.  If any such Deliverable or work product may not be considered a “work made for hire” under applicable law, Service Provider hereby irrevocably and perpetually assigns, and shall assign, to the Company, without further consideration, all of Service Provider’s worldwide right, title, and interest in and to such Deliverable or work product, including all Intellectual Property rights therein or thereto, and waives any moral rights therein. Service Provider acknowledges that all assignments granted under this Agreement shall not lapse or revert or be deemed to lapse or revert to Service Provider. Service Provider acknowledges that the Company shall have the right to obtain and hold in its own name any Intellectual Property rights and other proprietary rights in and to all Deliverables and work product.
(b)Service Provider agrees to execute such documents and to take any such other actions reasonably requested by the Company to effectuate the purposes of this Section 4.3(b).  Service Provider shall assist the Company, at any time, in the protection
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of the worldwide right, title, and interest in and to any Deliverable or work product, including the execution of all formal assignment documents requested and prepared by the Company or its nominee or assignee and the execution of all lawful oaths and applications for patents or registration of copyright in the United States and foreign countries; provided that the Company shall reimburse Service Provider for its time so spent (excluding nominal efforts) and any out-of-pocket expenses reasonably incurred by Service Provider in connection therewith.
(c)Each Service Provider Employee that creates any Deliverable or work product shall be required by Service Provider to execute written agreements that (i) assign to the Company (or to Service Provider who shall then in turn assign to the Company), without further consideration, all of its right, title, and interest in and to such Deliverable or work product consistent with Section 4.3(a), including all Intellectual Property rights therein and thereto and waive any moral rights therein, and (ii) include a requirement of such Service Provider Employee to execute any documents and take any other actions reasonably requested by the Company (or Service Provider, on the Company’s behalf) to effectuate the purposes of this Section 4.3(c).
4.4Upon completion of the Services or the termination of a Service or SOW and subject to the transfer provisions of Section 4.3(a), Service Provider shall, upon request, fully disclose and promptly deliver to the Company all of the Deliverables and work product specifically requested by the Company or otherwise not previously physically provided to the Company, including related object and source code, as well as any and all copies, summaries or extracts of such Deliverables and work product.  Service Provider shall conspicuously mark each such copy as the property of the Company.
4.5Without the Company’s prior written consent, which the Company may grant or withhold in its sole discretion, no Deliverable or other work product to be delivered to the Company shall incorporate, link to or call upon any components subject to open source licenses (including the GNU General Public License) or any other agreements that may give rise to any third party’s right to use the Deliverable or other work product or that may limit the Company’s rights to use such Deliverable or other work product in any respect.
5.Representations, Warranties, and Covenants.
5.1Each Party represents and warrants that it has all necessary and sufficient rights, permissions, capacity, consents and authority to enter into and fully comply with this Agreement.
5.2Service Provider represents and warrants that the Services shall be completed in a professional and workmanlike manner and shall materially comply with this Agreement.
5.3EXCEPT AS PROVIDED IN THIS SECTION 5, SERVICE PROVIDER DISCLAIMS ALL WARRANTIES, WHETHER EXPRESS OR IMPLIED, BY OPERATION OF LAW OR OTHERWISE, INCLUDING BUT NOT LIMITED TO ANY IMPLIED WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE.
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5.4Service Provider covenants, represents and warrants that: (i) any hardware, software, documents, or other materials used to provide the Services or otherwise provided under this Agreement do not and shall not infringe, misappropriate, or otherwise conflict with the Intellectual Property rights of a third party; and (ii) it shall perform the Services under this Agreement in a manner that does not and shall not infringe, misappropriate, or otherwise conflict with, or constitute an infringement, misappropriation of, or conflict with any Intellectual Property rights of any third party.  Notwithstanding the foregoing, Service Provider shall have no obligation or liability for any infringement claim based upon use of a Deliverable to the extent such claim is based upon: (i) use of other than the then-current version of any Deliverable, provided Service Provider has provided the Company with such then-current version at no additional charge to the Company; (ii) use of the Deliverable other than in compliance with, or as reasonably contemplated by, the Parties or this Agreement or as required for; (iii) modifications to the Deliverable made without Service Provider’s consent to the extent the infringement would not have occurred but for such modification; or (iv) use of the Deliverable in combination with technology or products not supplied by Service Provider other than in compliance with, or as reasonably contemplated by, this Agreement, applicable specifications or Service Provider's instructions; provided, that the infringement described in this clause (iv) would not have occurred but for such combination.
5.5When Service Provider develops software pursuant to this Agreement, Service Provider shall warrant that such software shall perform in accordance with the Parties' agreed upon specifications for a period of twelve (12) months following the Company's acceptance of such developed software. If the Company notifies Service Provider of a breach of this warranty within the period specified above, Service Provider will correct and redeliver the affected software at no additional charge to the Company without delay, and in any event within fifteen (15) days after receiving the Company's notice thereof. If Service Provider is unable to remedy a breach of this warranty after using all commercially reasonable efforts to do so, the Company will be entitled to correct the breach itself or through the services of a third party, in either case at the cost and expense of Service Provider, or to receive a full refund of all amounts paid to Service Provider with respect to the affected software and any other software or Services rendered unusable for their intended purpose as a result.
5.6Service Provider covenants, represents and warrants that it shall perform the Services under this Agreement in a manner that complies with all applicable laws.
6.Indemnification.
6.1Service Provider shall defend, indemnify, and hold harmless the Company, from and against any and all claims, damages, liabilities, costs and expenses (including reasonable attorneys’ fees and court costs) suffered by the Company arising out of, or relating to, claims arising from or in connection with Service Provider’s performance under or breach of this Agreement, or the negligence, fraud or willful misconduct of Service Provider, its directors, officers or employees.
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7.Confidentiality and Nondisclosure.
7.1As used in this Agreement, “Confidential Information” means any and all technical and non-technical information owned by or licensed to either Party and disclosed or provided to the other Party. Confidential Information includes, without limitation, information related to either Party’s current, future and proposed products and services, and information concerning either Party’s research, purchasing, manufacturing, customer lists, business forecasts, sales and merchandising, and marketing plans and information. In addition, Confidential Information shall mean any third party’s proprietary or confidential information, to which a Party has duties of confidentiality, which information is disclosed to the other Party pursuant to this Agreement.
7.2Each Party acknowledges that it may, in the course of performing its responsibilities or exercising its rights under this Agreement, be exposed to, or acquire, Confidential Information of the other Party or their customers or third parties to whom the other Party owes a duty of confidentiality.  Each Party who receives such Confidential Information from the other Party who discloses such Confidential Information shall hold the Confidential Information of the disclosing Party in strictest confidence using the same or greater degree of care it uses with its own most sensitive information (but in no event less than a reasonable degree of care) and shall not copy, reproduce, sell, assign, license, market, transfer or otherwise dispose of, give or disclose such information to third parties or to use such information for any purposes whatsoever other than the performance of this Agreement or as expressly set forth in this Agreement.  Nothing in this Section 7.2 shall be construed as limiting the Company’s exercise of the license granted pursuant to Section 4.3.
7.3The foregoing duties of confidentiality shall not apply to any particular information that the receiving Party can show: (i) was or has later become available to the public through no breach of this Agreement or a SOW; (ii) was obtained from a third party lawfully in possession of such information that had the legal right to disclose the information without it being subject to a continuing obligation of confidentiality; (iii) was disclosed by the receiving Party in compliance as required by legal reporting obligations for preparation of tax returns and other regulatory filings; or (iv) was already in the receiving Party's possession prior to direct or indirect disclosure pursuant to this Agreement (or any predecessor agreement between the Parties governing the confidentiality of such information) and was not generated in the course of, or in connection with, the Services. If the receiving Party is requested or required to disclose all or any part of any Confidential Information of the disclosing Party under applicable laws, the Receiving Party shall, to the extent practicable and subject to applicable laws, give prompt written notice of such request to the disclosing Party and shall give the disclosing Party the opportunity to seek an appropriate confidentiality agreement or protective order.
7.4Nothing in this Section 7 shall be construed as obligating a Party to disclose its Confidential Information to the other Party, or as granting to, or conferring on, the other Party, expressly or impliedly, any rights or license to the Confidential Information.
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8.Dispute Resolution Procedures.
8.1Any dispute arising out of or relating to this Agreement shall be resolved in accordance with the procedures specified in this Section 8, which shall be the sole and exclusive procedures for the resolution of disputes.  Notwithstanding the foregoing, either Party may institute formal proceedings at any time in order to avoid the expiration of any applicable limitations period, to preserve a superior position with respect to other creditors or to seek a preliminary injunction or other provisional judicial relief, if in its sole judgment such action is necessary to avoid irreparable damage or to preserve the status quo.  Despite such action, the Parties shall continue to participate in good faith in the procedures specified in this Section 8.
8.2The Parties shall first attempt in good faith to resolve any dispute between them by negotiation.  If the Parties are unable to resolve, or do not anticipate resolving, the dispute within thirty (30) business days (or such longer period as the Parties may agree) after notice of such dispute is received by the non-disputing Party, then either Party may pursue binding arbitration to resolve the dispute.  Except as provided in Section 8.1, neither Party may bring a formal proceeding relating to any dispute arising out of or relating to this Agreement until the dispute resolution procedures set forth in Sections 8.1-8.5, inclusive, have been exhausted.
8.3Either Party may, after the exhaustion of the procedures set forth in Sections 8.1-8.3, inclusive, choose to resolve any dispute by binding arbitration.  Subject to Section 8.1, the Parties hereby waive any right to institute a court or other dispute resolution proceeding and acknowledge arbitration as the sole and exclusive means of resolving a particular dispute hereunder.  The Commercial Rules of the American Arbitration Association shall apply to such arbitration, as modified herein.  The arbitration shall be heard and determined by a panel of three (3) arbitrators, each of whom shall be a disinterested attorney having experience and familiarity with software transactions.  Each of the Parties shall choose one (1) arbitrator, with the third arbitrator chosen by agreement of the two (2) arbitrators chosen by the Parties.  In the event the two (2) arbitrators chosen by the Parties cannot agree on a third arbitrator, such third arbitrator shall be selected by the American Arbitration Association.  The decision of a majority of the arbitrators shall be final and binding on the Parties and may be enforced before any court of competent jurisdiction and cannot be the subject of any appeal.  The arbitration proceeding shall occur in California, and be conducted in the English language, each Party shall bear its own costs relating to such arbitration, the Parties shall equally share the arbitrators’ fees and expenses, and the arbitration and all related proceedings and discovery shall take place pursuant to a protective order entered by the arbitrators that adequately protects the confidential nature of each Party’s Confidential Information.  Unless otherwise agreed by the Parties, the arbitration proceeding shall commence not later than thirty (30) days after a Party provides notice of arbitration, shall not continue for longer than thirty (30) days and the arbitrators shall issue their decision within fifteen (15) days after the conclusion of the proceeding.
8.4All negotiations and arbitration relating to a dispute (including any settlement, award, order and/or documents exchanged or produced during any such proceedings) are confidential and may not be disclosed by the Parties, their employees, officers, directors, counsels, consultants and expert witnesses, except for the purposes of arbitration, including for enforcement of an award.
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8.5The Parties agree and confirm that the provisions of Part I of the Indian Arbitration and Conciliation Act 1996 (excluding Section 9) shall not be applicable to any arbitration proceedings commenced pursuant to this Section 8.
	9.
	CONSENT TO JURISDICTION; VENUE

WITH RESPECT TO ANY AND ALL LITIGATION ARISING OUT OF, OR RELATED TO, THE TERMS OF, THE TRANSACTIONS AND RELATIONSHIPS CONTEMPLATED BY, OR BREACH OR ALLEGED BREACH OF, THIS AGREEMENT, THE PARTIES HEREBY IRREVOCABLY CONSENT (I) TO THE EXCLUSIVE JURISDICTION OF, AND VENUE IN, ANY FEDERAL OR STATE COURT OF COMPETENT JURISDICTION LOCATED IN THE STATE OF CALIFORNIA, EXCLUDING ALL OTHER COURTS IN THE WORLD, FOR THE PURPOSES OF ADJUDICATING ANY MATTER ARISING FROM OR IN CONNECTION WITH THIS AGREEMENT AND THE NONEXCLUSIVE JURISDICTION OF LOCAL COURTS WITH RESPECT TO OTHER MATTERS REQUIRED TO BE BROUGHT IN A LOCAL COURT, FOR MATTERS FOR WHICH SUCH CALIFORNIA COURTS DO NOT EXERCISE JURISDICTION OR FOR THE ENFORCEMENT OF ANY JUDGMENT THAT HAS BEEN RENDERED OR ARBITRAL AWARD THAT HAS BEEN GRANTED AND (II) AGREE TO ONLY INSTITUTE LITIGATION IN SUCH COURTS.
10.Miscellaneous.
10.1Independent Contractors. Service Provider is an independent contractor. Nothing contained in this Agreement shall be deemed or construed to create a joint venture, partnership, principal-agent or employment relationship between the Parties. Unless otherwise expressly provided in this Agreement, each Party shall be responsible for its own costs and expenses in performing under this Agreement. Each Party shall and hereby retains the right to exercise full control of and supervision over the performance of its own obligations hereunder and shall retain full control over the employment, direction, compensation, and discharge of all those of its employees assisting in the performance of such obligations. Each Party shall be solely responsible for all matters relating to payment of its employees, including compliance with workers’ compensation, employment, disability insurance, social security, withholding and all other federal, state and local laws, rules and regulations governing such matters.
10.2Notices. All notices and other communications required or permitted hereunder shall be in writing and may be delivered in person, by electronic mail, facsimile, overnight delivery service or United States or Indian mail, in which event they may be mailed by first-class, certified or registered, postage prepaid, addressed (a) if to Service Provider, at Service Provider’s address or facsimile number appearing on the signature page hereto or to such other address or facsimile number as Service Provider shall have furnished to the Company in writing pursuant to this Section 10.2, or (b) if to the Company, at its address and facsimile number set forth on the signature page hereto, or at such other address as the Company shall have furnished to Service Provider and each such other holder in writing. If notice is given to the Company, a copy shall also be sent to the Company’s counsel, as indicated on the signature page hereto. Such notices shall be effective (i) upon delivery, if hand-delivered, (ii) upon confirmation of successful transmission if sent during normal business hours by facsimile or electronic mail, or 
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on the next business day if sent after normal business hours, (iii) three business days after mailing, if sent by first-class United States  or Indian mail, postage pre-paid or (iv) one business day after deposit with a nationally recognized overnight delivery courier, if sent by overnight delivery; provided , however, that the foregoing shall not affect the effectiveness of actual receipt.
10.3Governing Law. This Agreement shall be governed by and construed in accordance with the laws of the State of California, without regard to the conflicts of laws provisions thereof.
10.4Assignment. This Agreement shall inure to the benefit of, and be binding upon and enforceable by, the Parties hereto and their respective heirs, executors successors and permitted assigns. Service Provider shall not assign or delegate its rights or obligations under this Agreement in whole or in part without the prior written consent of the Company in its sole discretion. The Company may, without the written consent of Service Provider, assign, in whole or in part, its rights and obligations pursuant to this Agreement to one or more of its affiliates, lenders or purchasers of a material portion of its assets (whether as a sale of stock, merger or otherwise), provided that the Company will nonetheless remain liable for all of its obligations hereunder.
10.5Equitable Relief. In addition to the remedies in Section 6.1, the parties hereto agree and acknowledge that money damages may not be an adequate remedy for any breach of the provisions of this Agreement and that any party may in its sole discretion apply to any court of law or equity of competent jurisdiction (without posting any bond or deposit) for specific performance and/or other injunctive relief in order to enforce or prevent any violations of the provisions of this Agreement.
10.6Waivers and Amendments. Any provision of this may only be amended, waived or modified (either generally or in a particular instance, either retroactively or prospectively, and either for a specified period of time or indefinitely), upon the written consent of the Company and Service Provider.
10.7Counterparts. This Agreement may be executed in any number of counterparts, each of which shall be an original, but all of which together shall be deemed to constitute one instrument. This Agreement may be executed and delivered by facsimile and upon such delivery the facsimile signature shall be deemed to have the same effect as if the original signature had been delivered to the other Party. The original signature copy shall be delivered to the other Party by express overnight delivery. The failure to deliver the original signature copy and/or the nonreceipt of the original signature copy shall have no effect upon the binding and enforceable nature of this Agreement.
10.8Entire Agreement. This Agreement contains the entire agreement of the Parties hereto with respect to the subject matter hereof and supersedes all prior agreements and understandings, whether oral or written, of the Parties relating thereto (including the Original Agreement).
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10.9Delay. No delay or failure by either Party to act in the event of a breach or default hereunder shall be construed as a waiver of that or any succeeding breach or a waiver of the provision itself.
10.10Severability. If any term or provision hereof is illegal, invalid or unenforceable for any reason whatsoever, such illegality, invalidity or unenforceability shall not affect the legality or validity of the remainder of this Agreement 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 such determination that any term or other provision is illegal, invalid or incapable of being enforced, 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 to the end that the transactions contemplated hereby (prior to any such modification) are fulfilled to the maximum extent possible. Subject to the foregoing, any term or provision of this Agreement that is prohibited or unenforceable in any jurisdiction will, as to such jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining portions hereof or affecting the validity or enforceability of such provision in any other jurisdiction.
10.11Headings; References. All headings used herein are used for convenience only and shall not be used to construe or interpret this Agreement. Except as otherwise indicated, all references herein to Sections refer to Sections hereof.
10.12If there is any conflict between the terms of the body of this Agreement and any subsequent agreement, SOW, or Exhibits hereto, the body of this Agreement shall prevail unless such subsequent agreement, SOW, or Exhibit expressly states that it overrides this Agreement in the relevant respect and the Parties are either also parties to that other agreement or otherwise expressly agree in writing that such other agreement shall override this Agreement.
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IN WITNESS WHEREOF, the Parties have executed this Agreement as of the date set forth above.
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	SERVICE PROVIDER:
	THE COMPANY:

	METAMINDS SOFTWARE SOLUTIONS LIMITED
	EXPLORETRIP, INC.

	__/s/ Prasad Gundumogula
Prasad Gundumogula, President and Chief Executive Officer
	_/s/ Prasad Gundumogula
Prasad Gundumogula, President and Chief Executive Officer

	Facsimile:__________________________
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	Facsimile:__________________________

	Address: 6-3-636, Perika Bhavan,
Khirathabad,
Hyderabad-500004, India
	Address: 1840 Gateway Drive, Suite 200,
San Mateo, California, 94404
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	with a copy (which shall not constitute notice) to:
GTCR Golder Rauner II, L.L.C.
c/o GTCR Golder Rauner, LLC
300 N. LaSalle Street, Suite 5600
Chicago, IL 60654
Attention:  Craig A. Bondy, Principal
                   Lawrence C. Fey
Facsimile: (312) 382-2201
with an additional copy to:
Kirkland & Ellis LLP
300 North LaSalle Street
Chicago, IL 60654
Attention:  Stephen L. Ritchie, P.C.
        Mark A. Fennell
Facsimile: (312) 862-2200

	​
	​

​
​
​

EXPLORETRIP, INC.
SIGNATURE PAGE
AMENDED AND RESTATED SERVICES AGREEMENT

EXHIBIT A
SERVICES AND FEES
SERVICES:
Resources:
a. Technical Resources (R& D and Maintenance of Travel Technology Solution)
b. Consolidator Fare Loading Resources
c. ExploreTrip.com - Ticket Fulfillment team and Customer Support (24X7) Resources
d. Accounting and Re-conciliation Resources
e. Marketing/Sales Resources
Infrastructure:
a. Office Space
b. General Overhead
FEES.
The Company shall pay Service Provider in connection with the performance of Services, as follows:
Technical Resources - [***] per month per employee.
Management/Team Leads - [***] per month per employee.
Fare Loading Resources - [***] per month per employee.
Customer Support Team (24X7) - [***] per month per employee.
Sales & Marketing Resources - [***] per month per employee.
Accounting & Admin Resources - [***] per month per employee.
Each amount above includes all related expenses, other than rent.
The Company and Service Provider shall meet from time to time to discuss the fees payable under this Agreement, which shall be adjusted if mutually agreed by the Company and Service Provider.
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​

A-1

EXHIBIT B
INITIAL STATEMENT OF WORK
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	Key Deliverables

	UniView

	Expand to All GDS Platforms

	Changes to make the system complaint with cross Browsers, Platforms & Operating Systems

	Cryptic and Graphical view Implementation of Booking Engine

	Rewards Point Integration with SkyLink System

	Integration with Consolidator Accounting and Operating Systems

	Expert System

	Intelligent Caching – Route Optimization (Ongoing) 

	Routing technology Improvements – FQ Routing (Active)

	Fare Forecasting Matrix

	IQB Expert System Enhancements - Personalization/Grouping

	GDS - LCC Carrier combinations

	ExploreTrip Consumer Site

	Site Review Feature in ExploreTrip.com

	Mobile Applications – iPhone, Android, Mobile Browser(Active)

	Seat Selection Airmap

	Secured by Visa/Master card Implementation

	Fare Loading Tools

	Hadoop & Cassandra - Fare Rules Caching

	Semantic and Taxt based searches on Hotel and OAG data

	Automation of Data Workflows & Template creation

	Consolidator Business Automation

	Auto Ticketing

	GDS Revenue Leakage 

	Automation of Audit Functions

	Integration of Ops and Financial data for performance reporting

	Management & Operational Metrics and BI Implementation

​

​Exhibit 10.17
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Certain identified information marked with “[***]” has been omitted from this document because it is both (i) not material and (ii) the type that the registrant treats as private or confidential.
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AMENDED AND RESTATED
SECURITYHOLDERS AGREEMENT
​
THIS AMENDED AND RESTATED SECURITYHOLDERS AGREEMENT (this "Agreement") is made as of May 1, 2020, by and among (i) Mondee Holdings, LLC, a Delaware limited liability company (the "Company"), (ii) Mondee Group, LLC (“Mondee Group”), (iii) Vajid Jafri, Prasad Gundumogula, Ramesh Punwani, Timothy Turner and Jeffrey Snetiker (each, an "Initial Executive" and collectively, the "Initial Executives"), Surjit Babra and any other executive employee of the Company or its Subsidiaries who, at any time, acquires securities of the Company in accordance with Section 13 hereof and executes a counterpart of this Agreement or otherwise agrees to be bound by this Agreement (each, together with the Initial Executives, an "Executive" and collectively, the "Executives") and (iv) each of the other Persons set forth from time to time on the attached Schedule of Securityholders under the heading "Other Securityholders" who, at any time, acquires securities of the Company in accordance with this Agreement and executes a counterpart of this Agreement or otherwise agrees to be bound by this Agreement. Mondee Group shall be referred to herein as "Investor.” The Investor, the Executives and the Other Securityholders are collectively referred to herein as the "Securityholders" and, individually, as a "Securityholder." Capitalized terms used but not otherwise defined herein are defined in Section 12 hereof; provided that, if any term is not defined herein, then such term shall have the same meaning assigned to it in the LLC Agreement. This Agreement amends and restates in its entirety that certain Amended and Restated Securityholders Agreement dated as of December 13, 2019 (the “Prior Agreement”), which amended and restated the prior Securityholders Agreements dated as of December 6, 2019 and March 15, 2017.
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The Company and the Securityholders desire to enter into this Agreement for the purposes, among others, of (i) limiting the manner and terms by which units and interests in the Company may be transferred, (ii) assuring continuity in the ownership of the Company, and (iii) amending and restating the Prior Agreement.
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NOW, THEREFORE, in consideration of the mutual covenants contained herein and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties to this Agreement hereby agree that the Prior Agreement is amended and restated as follows:
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1.Restrictions on Transfer.
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(a)Transfer of Securityholder Securities. No holder of Securityholder Securities shall Transfer any interest in Securityholder Securities, without the prior written consent of the holders of a majority of the Investor Residual, except Transfers (i) to a Permitted Transferee in accordance with Section l(b), (ii) in accordance with Section 2 of this Agreement or (iii) pursuant to Article XII of the LLC Agreement. Notwithstanding the foregoing or anything else to the contrary in this Agreement, the restrictions set forth in this Section 1, shall not apply to any transfer by Fly OCP LLC (“Fly OCP”) which is approved in accordance with Section 8.1 of the LLC Agreement.
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(b)Permitted Transfers. The restrictions set forth in Section l(a) shall not apply to (i) any Transfer of Securityholder Securities by any Securityholder to or among his or her Family Group, (ii) any Transfer of Securityholder Securities by the Investor or Other Securityholder to or among its Affiliates, (iii) any Transfer of Securityholder Securities to the Company or its Subsidiaries or the Investor, (iv) a Public Sale of the type referred to in clause (i) of the definition thereof, (v) after a termination of Section 2 hereof in accordance with its terms, a Public Sale by the Investor of the type referred to in clause (ii) of the
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definition thereof, (vi) a Public Sale by an Executive expressly permitted by and pursuant to the terms of his or her Senior Management Agreement, or (vii) an Approved Sale (as defined in Section 3(a)); provided that the restrictions contained in this Agreement will continue to be applicable to the Securityholder Securities after any Transfer pursuant to clause (i) or (ii) above and the transferee of such Securityholder Securities shall agree in writing to be bound by the provisions of this Agreement as a holder of Securityholder Securities. Upon the Transfer of Securityholder Securities pursuant to clause (i) or (ii) of the previous sentence, the transferees will deliver a written notice to the Company, which notice will disclose in reasonable detail the identity of such transferee. A transferee permitted pursuant to this Section l(b) who receives a transfer of Securityholder Securities in accordance with this Agreement shall be referred to herein as a "Permitted Transferee." Notwithstanding the foregoing, no party hereto shall avoid the provisions of this Agreement by (x) making one or more transfers to one or more Permitted Transferees and then disposing of all or any portion of such party's interest in any such Permitted Transferee or (y) by allowing the Transfer of any securities of any entity holding (directly or indirectly) Securityholder Securities.
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(c)Termination of Restrictions. The restrictions on the Transfer of Securityholder Securities set forth in this Section 1 shall continue with respect to each Securityholder Security until the date on which such Securityholder Security has been transferred in a Public Sale permitted hereunder or pursuant to an Approved Sale.
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2.Participation Rights.
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(a)Except (i) pursuant to a Co-Invest Transfer (as defined below), (ii) a Transfer pursuant to Article XII of the LLC Agreement or (iii) a Transfer to Permitted Transferees in accordance with Section l(b) (each, an “Exempted Transfer”), at least 21 days prior to any Transfer of units of any class of Securityholder Securities by the Investor ("Transferring Investor"), such Transferring Investor shall deliver a written notice (the "Tag-Along Notice") to the Company and the other Securityholders holding the same class of Securityholder Securities that is proposed to be Transferred, including for the avoidance of doubt Fly OCP (as determined as of immediately prior to the date of such notice) (the "Tag-Along Securityholders") specifying in reasonable detail the identity of the prospective transferee(s) and the terms and conditions of the Transfer. The Tag-Along Securityholders may elect to participate in the contemplated Transfer by delivering written notice to the Transferring Investor within 14 days after delivery of the Tag-Along Notice. If any Tag-Along Securityholders have elected to participate in such Transfer, the Transferring Investor(s) and such Tag-Along Securityholders will each be entitled to sell in the contemplated Transfer, at the same price and on the same terms, with respect to each class of Securityholder Securities to be Transferred, a number of units of such class of Securityholder Securities proposed to be transferred by the Transferring Investor(s) equal to the product of (A) the number of units of such class of Securityholder Securities to be sold in the contemplated Transfer, and (B) the quotient determined by dividing the number of units of such class of Securityholder Securities owned by such Person by the aggregate number of outstanding units of such class of Securityholder Securities owned by the Transferring Investor(s) and the Tag-Along Securityholders participating in such sale. Notwithstanding the foregoing, if the Transferring Investor(s) intends to Transfer Units of more than one class or series, each of the Tag-Along Securityholders electing to participate must participate in all such Transfers (to the extent such Tag-Along Securityholders hold such other class or series). Notwithstanding anything else to the contrary in this Agreement, Fly OCP shall also have all of the rights of a Tag-Along Securityholder under this Section 2 in respect of any Transfer (other than an Exempted Transfer) of units of any class of Securityholder Securities by the Investor and that is not otherwise subject to this Section 2, mutatis mutandis.
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(b)The Transferring Investor(s) will use commercially reasonable efforts to obtain the agreement of the prospective transferee(s) to the participation of the Tag-Along Securityholders in any contemplated Transfer, and the Transferring Investor(s) will not transfer any of its Securityholder Securities to the prospective transferee(s) unless (A) the prospective transferee(s) agrees to allow the participation of 
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the Tag-Along Securityholders or (B) the Transferring Investor(s) agrees to purchase the number of such class of Securityholder Securities from the Tag-Along Securityholders that the Tag-Along Securityholders would have been entitled to sell pursuant to this Section 2(b) (in which case the Transferring Investor(s) shall be entitled to sell such additional number of units of such class of Securityholder Securities to the prospective transferee(s)) for the consideration per unit to be paid to the Transferring Investor(s) by the prospective transferee(s). Each holder of Securityholder Securities participating in a Transfer pursuant to this Section 2 will bear its pro rata share (based on the sale proceeds of Securityholder Securities to be sold) of the costs of such Transfer to the extent such costs are incurred for the benefit of all holders of Securityholder Securities participating in such Transfer and are not otherwise paid by the Company or the acquiring party. For purposes of this Section 2(b), costs incurred in exercising reasonable efforts to take all actions in connection with the consummation of such a Transfer in accordance with this Section 2(b) shall be deemed to be for the benefit of all holders of Securityholder Securities. Costs incurred by holders of Securityholder Securities on their own behalf will not be considered costs of the transaction hereunder. Each holder of Securityholder Securities participating in such Transfer shall take all Transfer Actions in furtherance of or in connection with the consummation of such Transfer as requested by the Transferring Investor(s).
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(c)None of the following shall constitute Securityholder Securities for any purpose under this Section 2: (i) Securityholder Securities issuable upon the exercise of employee options (or similar equity-like incentive shares or units) which have not vested or are otherwise not exercisable; (ii) Securityholder Securities issuable upon the exercise of vested employee options (or similar equity-like incentive shares or units) whose per share or per unit exercise price is more than the price to be paid for such share or unit in such Transfer; (iii) Securityholder Securities whose per share or per unit participation threshold is more than the price to be paid for such share or unit in such Transfer; and (iv) Securityholder Securities that are subject to vesting (i.e., to the extent subject to possible repurchase by the Company at less than fair market value).
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(d)The provisions of this Section 2 will terminate upon the first to occur of (i) the consummation of an Approved Sale and (ii) the consummation of a Public Offering.
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(e)Notwithstanding anything herein or in the LLC Agreement to the contrary, in order to provide new employees and other service providers with a chance to co-invest in the Company, this Section 2 shall not apply to Transfers ("Co-Invest Transfers") by the Investor of, and the Investor shall be permitted to Transfer, Class A Units and/or Class B Units to (i) new employees and/or other service providers of the Company or any of its Subsidiaries or (ii) the Company in connection with the contemporaneous issuance of an equivalent or greater number of Class A Units and/or Class B Units by the Company to employees and/or other service providers of the Company or any of its Subsidiaries.
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3.Sale of the Company.
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(a)If the holders of the Required Interest approve a Sale of the Company (an "Approved Sale"), each holder of Securityholder Securities shall vote for, consent to and raise no objections against such Approved Sale and in connection therewith shall waive any claims related thereto, including claims relating to the fairness of the Approved Sale, the price paid for Securityholder Securities in such Approved Sale, the process or timing of the Approved Sale or any similar claims. If the Approved Sale is structured as a (i) merger or consolidation, each holder of Securityholder Securities shall waive any dissenters' rights, appraisal rights or similar rights in connection with such merger or consolidation, or (ii) sale of equity securities, each holder of Securityholder Securities shall agree to sell all of his, her or its Securityholder Securities or rights to acquire Securityholder Securities on the terms and conditions approved by the holders of the Required Interest. Each holder of Securityholder Securities shall take all Transfer Actions in furtherance of or in connection with the consummation of the Approved Sale as 
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requested by the holders of the Required Interest or the Board including entering into agreements to effectuate the provisions of Section 7 hereof.
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(b)The obligations of the holders of Securityholder Securities with respect to an Approved Sale are subject to the terms of Section 4 below.
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(c)If either the Board or the holders of the Required Interest enter into a negotiation or transaction for which Rule 506 (or any similar rule then in effect) promulgated by the Securities and Exchange Commission may be available with respect to such negotiation or transaction (including a merger, consolidation or other reorganization), the holders of Securityholder Securities (other than any holder who is an "accredited investor" under Rule 501) will, at the request of the Board or the holders of the Required Interest, appoint a purchaser representative (as such term is defined in Rule 501) reasonably acceptable to the holders of the Required Interest. If any such holder of Securityholder Securities appoints a purchaser representative designated by the holders of the Required Interest, the Company will pay the fees of such purchaser representative, but, if any such holder of Securityholder Securities declines to appoint the purchaser representative designated by the holders of the Required Interest, such holder shall appoint another purchaser representative and be responsible for the fees of the purchaser representative so appointed.
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(d)Each holder of Securityholder Securities will bear its pro rata share (based upon the number of Residual Units to be sold) of the costs of such Approved Sale to the extent such costs are incurred for the benefit of all holders of Securityholder Securities and are not otherwise paid by the Company or the acquiring party. For purposes of this Section 3(d), costs incurred in exercising reasonable efforts to take all actions in connection with the consummation of an Approved Sale in accordance with Section 3(a) shall be deemed to be for the benefit of all holders of Securityholder Securities. Costs incurred by holders of Securityholder Securities on their own behalf will not be considered costs of the transaction hereunder.
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4.Distributions upon Sale of the Company. In the event of a Sale of the Company, each Securityholder shall receive in exchange for the Securityholder Securities held by such Securityholder and sold in such Sale of the Company the same portion of the aggregate consideration from such Sale of the Company that such Securityholder would have received if such aggregate consideration had been distributed by the Company pursuant to the terms of Section 4.1 of the LLC Agreement (but assuming, for purposes of this determination, that the Securityholder Securities sold in such Sale of the Company are the only Securityholder Securities then outstanding). Each holder of Securityholder Securities shall take all necessary or desirable actions in connection with the distribution of the aggregate consideration from such Sale of the Company as requested by the Board or the holders of the Required Interest in order to effectuate the provisions of this Section 4.
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5.Public Offering. In the event that the Board or the holders of the Required Interest approve an initial Public Offering, the holders of Securityholder Securities shall take all necessary or desirable actions requested by the Board or the holders of the Required Interest in connection with the consummation of such Public Offering, including consenting to, voting for and waiving any dissenters rights, appraisal rights or similar rights with respect to any reorganization or recapitalization of the Company pursuant to the terms of Article XII of the LLC Agreement and compliance with the requirements of all laws and regulatory bodies that are applicable or that have jurisdiction over such Public Offering. In the event that such Public Offering is an underwritten offering and the managing underwriters advise the Company in writing that in their opinion the Company's capital structure would adversely affect the marketability of the offering, each holder of Securityholder Securities shall consent to and vote for a recapitalization, reorganization or exchange (each, a "Recapitalization") of any class of the Company's equity securities into securities that the managing underwriters, the Board and the holders of the Required Interest find acceptable 
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and shall take all necessary and desirable actions in connection with the consummation of such Recapitalization; provided that (i) the Fair Market Value (as defined in the LLC Agreement) of each security received in exchange for any Class A Unit shall not exceed the sum of the Class A Unpaid Yield (as defined in the LLC Agreement) and the Class A Unreturned Capital (as defined in the LLC Agreement ) of such Class A Unit, (ii) each holder of Residual Units (as defined in the LLC Agreement) shall receive the same type of security with the same value per unit (other than differences based upon differences in the Participation Thresholds, vesting, repurchase rights and obligations and similar differences, if any, for such Units).
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6.Legend. Each certificate evidencing Securityholder Securities and each certificate issued in exchange for or upon the transfer of any Securityholder Securities (if such securities remain Securityholder Securities as defined herein after such transfer) shall be stamped or otherwise imprinted with a legend in substantially the following form:
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"THE SECURITIES REPRESENTED BY THIS CERTIFICATE ARE SUBJECT TO RESTRICTIONS ON TRANSFER AND OTHER PROVISIONS SET FORTH IN AN AMENDED AND RESTATED SECURITYHOLDERS AGREEMENT DATED AS OF MAY 1, 2020 AMONG THE ISSUER OF SUCH SECURITIES (THE "COMPANY") AND CERTAIN OF THE COMPANY'S SECURITYHOLDERS. A COPY OF SUCH AMENDED AND RESTATED SECURITYHOLDERS AGREEMENT WILL BE FURNISHED WITHOUT CHARGE BY THE COMPANY TO THE HOLDER HEREOF UPON WRITTEN REQUEST."
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The Company shall imprint such legend on certificates evidencing Securityholder Securities outstanding prior to the date hereof. The legend set forth above shall be removed from the certificates evidencing any securities which cease to be Securityholder Securities.
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7.Seller Representative. In connection with each Approved Sale, unless otherwise determined by the Investor, each Securityholder irrevocably constitutes and appoints, and will constitute and appoint, the Investor or any Affiliate of the Investor, in each case, designated by the Investor (the "Seller Representative") as his, her or its representative, agent and attorney-in-fact with full power of substitution to act and to do any and all things and execute any and all documents on behalf of such Securityholder that may be necessary, convenient or appropriate to facilitate the consummation of the Approved Sale, the administration of and carrying out of the terms of agreements governing such Approved Sale (including giving or agreeing to, on behalf of all or any of the Securityholders, any and all consents, waivers, amendments or modifications deemed by the Seller Representative, in its sole and absolute discretion, to be necessary or appropriate under the terms of any agreements entered into in connection with such Approved Sale). This appointment of the Seller Representative is coupled with an interest and shall not be revocable by any Securityholder in any manner or for any reason. This power of attorney shall not be affected by the death, illness, dissolution, disability, incapacity or other inability to act of the principal pursuant to any applicable law. The Seller Representative shall not be liable to any Securityholder in its capacity as the Seller Representative for any liability of a Securityholder or for any error of judgment, or any act done or step taken or omitted by it that it believed to be in good faith or for any mistake in fact or law, or for anything which it may do or refrain from doing in connection with the agreements related to such Approved Sale. The Securityholders shall severally, but not jointly, pro rata in accordance with their respective proceeds from such Approved Sale, indemnify and hold harmless, the Seller Representative from any and all losses, liabilities and expenses (including the reasonable fees and expenses of counsel) arising out of or related to the Seller Representative's service as the Seller Representative.
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8.Issuance of New Securities.
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(a)Offer to Qualified Holders. If, after the date hereof, the Company authorizes the issuance or sale of any New Securities to the Investor, the Company shall, as provided in this Section 8, offer to sell to each Initial Executive and each holder of at least 2% of the outstanding Residual Units (other than the Initial Executives), in each case, who is an "accredited investor" as defined under Rule 50I of Regulation D of the Securities Act and that is not the Investor (a "Qualified Holder") such Qualified Holder's Pro Rata Allotment of such New Securities. Each Qualified Holder shall be entitled to purchase all or any portion of such Qualified Holder's Pro Rata Allotment of such New Securities on economic terms that are at least as favorable as the economic terms for such New Securities that are to be offered to the Investor; provided that if the Investor is also required to purchase other securities of the Company, the Qualified Holders exercising their rights pursuant to this Section 8 shall also be required to purchase the same strip of securities (on at least as favorable economic terms and conditions) that the Investor is required to purchase. For purposes of this Agreement, a Qualified Holder's "Pro Rata Allotment" shall mean the quotient determined by dividing (1) the number of Class B Units, vested Class C Units and Class F Units held by such Qualified Holder at such time, by (2) the sum of the number of Class B Units, vested Class C Units and Class F Units then issued and outstanding at such time. Notwithstanding anything else to the contrary in this Agreement, Fly OCP shall also have all of the rights of a Qualified Holder under this Section 8 in respect of any issuance or sale of any New Securities to any Person (other than the Investor) that is approved by the Company and that is not otherwise subject to this Section 8, mutatis mutandis.
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(b)Issuance Notice. At least 15 days prior to any issuance by the Company of any New Securities to the Investor, the Company shall give written notice (the "Issuance Notice") to each Qualified Holder specifying in reasonable detail the total amount of New Securities to be issued, the purchase price thereof, the other material terms and conditions of the issuance and such Qualified Holder's Pro Rata Allotment of the New Securities. In order to exercise such holder's purchase rights hereunder, each Qualified Holder must, within 15 days after the Issuance Notice has been given, give written notice to the Company describing such holder's election to purchase all or any portion of the amount of New Securities available for purchase by such Qualified Holder. If after sending an Issuance Notice the Company elects not to proceed with the issuance or sale contemplated thereby, any elections made by the Qualified Holders to participate in such offering shall be deemed rescinded.
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(c)Issuance Closing. The Company shall sell, and each Qualified Holder electing to participate in such issuance shall purchase, the amount of New Securities determined pursuant to this Section 8 elected to be purchased by him or it at the Company headquarters' office either, at the option of the Company, (a) on the 15th day after the Issuance Notice (or if such 15th day is not a business day, then on the next succeeding business day) or (b) simultaneously with (and, if specified by the Company, as a part of) the closing of, the issuance of New Securities to the Investor (the "Issuance Closing"). At the Issuance Closing, each participating Qualified Holder will pay the purchase price payable for the New Securities offered to him or it hereunder in cash by wire transfer of immediately available funds to an account designated by the Company and will make customary investment representations to the Company.
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(d)Alternative Process. Notwithstanding anything to the contrary herein, in lieu of offering any New Securities to the Qualified Holders at the time such New Securities are offered to the Investor, the Company may comply with the provisions of this Section 8 by making an offer to sell to the Qualified Holders such New Securities promptly after a sale to the Investor is effected. In such event, for all purposes of this Section 8, the portion of such New Securities that each Qualified Holder shall be entitled to purchase hereunder shall be determined by taking into consideration the actual amount of New Securities sold to the Investor so as to achieve the same economic effect as if such offer would have been made prior to such sale.
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(e)Termination. The provisions of this Section 8 will terminate upon the first to occur of (i) the consummation of a Sale of the Company and (ii) the consummation of a Public Offering.
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9.Sale of Proprietary Rights. So long as any of the Initial Executives are still employed as executives of the Company, the consent of the Initial Executives who hold the majority of the Residual Units held by the Initial Executives who are then executives of the Company shall be required for the Company to sell assets that constitute all or substantially all of the Company's Proprietary Rights, by fair market value determined on a consolidated basis, to the Investor or its Affiliates (other than the Company and its Subsidiaries).
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10.Syndicated Investment Restrictions. So long as any of the Initial Executives are still employed as executives of the Company, unless the Initial Executives who hold the majority of the Residual Units held by the Initial Executives who are then executives of the Company consent, Section l(b)(ii)(D) of the Unit Purchase Agreement shall not apply (i.e., the Investor shall not be proportionately relieved of any obligations thereunder) to any Syndicated Investment (as defined in the that certain Unit Purchase Agreement dated as of September 26, 2011 by and among the Investor and the Company as amended from time to time pursuant to its terms, the "Unit Purchase Agreement"), to the extent that upon the consummation of such Syndicated Investment, (i) the aggregate number of Class A Units or Class B Units that have been or could be purchased by the Investor or its Affiliates under Section l(b) the Unit Purchase Agreement will fall below 50% of the aggregate number of Class A Units or Class B Units, respectively, that have been or could be purchased by the Investor, its Affiliates or any Syndicated Investors (as defined in the Unit Purchase Agreement) or (ii) the aggregate number of Class A Units or Class B Units then owned by the Investor or its Affiliates will fall below 50% of the aggregate number of Class A Units or Class B Units, respectively, then owned by the Investor, its Affiliates and any Syndicated Investors. In addition, nothing in Section l(b)(ii)(D) of the Unit Purchase Agreement shall be interpreted to exempt from Section 2 hereof any Transfer by the Investor of Securityholder Securities that is not otherwise exempt from Section 2 hereof.
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11.RESERVED.
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12.Definitions.
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"Family Group" means an individual's spouse and descendants (whether natural or adopted), and any trust, family limited partnership, limited liability company or other entity wholly owned, directly or indirectly, by such individual or such individual's spouse and/or descendants that is and remains solely for the benefit of such individual and/or such individual's spouse and/or descendants and any retirement plan for such individual, provided that if such individual is a party to a Senior Management Agreement in the capacity of an Executive and such agreement defines the term "Family Group," then "Family Group" for such Person shall have the meaning given to such term in such Senior Management Agreement.
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"Investor Residual" means (i) any Class B Units issued pursuant to the Unit Purchase Agreement and (ii) any Class B Units issued or issuable with respect to the Class B Units referred to in clause (i) above by way of unit dividends or unit splits or in connection with a combination of units, recapitalization, merger, consolidation or other reorganization. As to any particular units of Investor Residual, such units shall cease to be Investor Residual when they have been (a) effectively registered under the Securities Act and disposed of in accordance with the registration statement covering them or (b) distributed to the public through a broker, dealer or market maker pursuant to Rule 144 (or any similar provision then in force) under the Securities Act.
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"LLC Agreement" means the Amended and Restated Limited Liability Company Agreement of the Company, dated as of May 1, 2020, among the parties from time to time party thereto, as amended from time to time in accordance with its terms.
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"New Securities" means any equity securities of the Company and any rights, options and warrants to acquire any equity securities of the Company; provided that the term "New Securities" shall not include equity securities of the Company and any rights, options and warrants to acquire any equity securities of the Company: (i) issued pursuant to the Unit Purchase Agreement; (ii) issued as a result of any unit split, unit dividend, capital reorganization, recapitalization or reclassification of equity securities; (iii) issued upon exercise or conversion of any rights, options or warrants to acquire any equity securities of the Company that were outstanding on the date hereof or that were previously issued in accordance with the terms of Section 8 hereof; (iv) issued in a transaction contemplated by Article XII of the LLC Agreement; (v) issued in connection with a Public Offering; (vi) securities offered to the public pursuant to a registration statement filed by the Company under the Securities Act; (vii) issued in connection with the making of loans or an investment in debt securities, provided that lenders or investors that are not Affiliates of the Investor are participating in such loans or investments on substantially the same or better terms as the Investor; or (viii) issued in connection with an Approved Sale.
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"Proprietary Rights" means any and all of the following in any jurisdiction throughout the world (i) patents, patent applications, patent disclosures, as well as any reissues, continuations, continuations in part, divisions, extensions or reexaminations thereof, (ii) trademarks, service marks, trade dress, trade names, logos, and corporate names and registrations and applications for registration thereof, together with all of the goodwill associated therewith, (iii) Internet domain names, (iv) copyrights (registered or unregistered) and copyrightable works and registrations and applications for registration thereof, (v) mask works and registrations and applications for registration thereof, (vi) Software, (vii) trade secrets and other confidential information (including ideas, formulas, compositions, inventions (whether patentable or unpatentable and whether or not reduced to practice), know how, manufacturing and production processes and techniques, if any, research and development information, drawings, specifications, designs, plans, proposals, technical data, financial and marketing plans, and customer and supplier lists and information), and (viii) other intellectual property rights.
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"Securityholder Securities" means (i) any Class A Units, Class B Units, Class C Units, Class D Units,  Class F Units or Class G Units purchased or otherwise acquired by any Securityholder, (ii) any equity securities issued or issuable directly or indirectly with respect to the Units referred to in clause (i) above by way of unit dividend or unit split or in connection with a combination of units, recapitalization, merger, consolidation or other reorganization, and (iii) any other class or series of equity securities of the Company or its successor held by a Securityholder. As to any particular equity securities constituting Securityholder Securities, such Securityholder Securities shall cease to be Securityholder Securities when they have been (x) effectively registered under the Securities Act and disposed of in accordance with the registration statement covering them or (y) sold to the public through a broker, dealer or market maker pursuant to Rule 144 (or any similar provision then in force) under the Securities Act.
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"Software" means (a) all computer programs, instructions, commands, modules, routines, procedures, rules, libraries, macros, algorithms, tools and scripts, including source code and object code versions thereof (as applicable), (b) all data, databases and compilations of data, whether machine readable or otherwise, and (c) all documentation, training materials and configurations related to any of the foregoing.
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"Transfer Actions" means, with respect to each Securityholder that participates in a Transfer of Securityholder Securities pursuant to Section 2 (each, a "Tag-Along Transfer") or a Transfer of Securityholder Securities pursuant to an Approved Sale, all such actions as may be necessary, reasonably
​

desirable or otherwise reasonably requested by the Investor in order to expeditiously consummate each Tag-Along Transfer or Approved Sale and any related transactions (including any auction or competitive bid process in connection with or preceding such Transfer), including (a) executing, acknowledging and delivering transfer agreements, sale agreements, escrow agreements, consents, assignments, releases, waivers and any other documents or instruments which in each case are no more burdensome than those executed by the Investor or any of its Affiliates (provided that Executives may be required to execute customary non-competition agreements, non-solicitation agreements and confidentiality agreements which are not executed by the Investor or any of its Affiliates, although (i) the stated terms of such non-competition agreements and non-solicitation agreements shall in no event exceed three years from the date of the closing of the Tag-Along Transfer or Approved Sale, and (ii) such non-competition agreements shall only apply to activities that the Company or its Subsidiaries conduct at the time of the Transfer or reasonably expect to conduct within twelve months after the Transfer) (collectively, "Ancillary Documents"); (b) furnishing information and copies of documents; (c) filing applications, reports, returns, filings and other documents or instruments with governmental authorities; (d) otherwise cooperating with the Investor, the prospective transferee(s) and their respective representatives and counsel; and (e) joining up to such Securityholder's pro rata share (based upon ownership of Residual Units) in any purchase price adjustments, indemnification or other obligations that the sellers of Securityholder Securities, other equity interests or assets are required to provide in connection with such Tag-Along Transfer or Approved Sale and related transactions, such that proceeds will be distributed as if they had been distributed after giving effect to such adjustments, indemnification and other obligations (other than any such obligations that relate solely to a particular Securityholder, such as indemnification with respect to representations and warranties given by a Securityholder regarding such Securityholder's title to and ownership of securities, in respect of which only such Securityholder will be liable).
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13.Transfers in Violation of Agreement. Any Transfer or attempted Transfer of any Securityholder Securities in violation of any provision of this Agreement shall be void, and the Company shall not record such Transfer on its books or treat any purported transferee of such Securityholder Securities as the owner of such securities for any purpose.
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14.Additional Securityholders. In connection with the issuance of any additional equity securities of the Company to any Person other than an existing Securityholder, the Company, with the consent of the holders of a majority of the Investor Residual, may permit such Person to become a party to this Agreement and succeed to all of the rights and obligations of a "Securityholder" and the "Investor," an "Executive" or an "Other Securityholder" under this Agreement (as designated by the holders of a majority of the Investor Residual in such consent) by obtaining an executed joinder to this Agreement, a form of which is attached hereto as Exhibit A, and, upon such execution, such Person shall for all purposes be a party to this Agreement as a "Securityholder" and the "Investor," an "Executive" or an "Other Securityholder," as designated in such consent.
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15.Representations and Warranties. Each Securityholder represents and warrants that (i) this Agreement has been duly authorized, executed and delivered by such Securityholder and constitutes the valid and binding obligation of such Securityholder, enforceable in accordance with its terms (except as enforceability may be limited by bankruptcy, insolvency or other similar laws affecting creditors' rights generally), and (ii) such Securityholder has not granted and is not a party to any proxy, voting trust or other agreement that is inconsistent with, conflicts with or violates any provision of this Agreement or the LLC Agreement.
​
​

16.Amendment and Waiver.
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(a)Subject to Section 16(b) and 16(c), any provision of this Agreement may be amended or modified if, but only, if such amendment or modification is in writing and is approved in writing by the Company and the holders of a majority of the Investor Residual.
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(b)Notwithstanding Section 16(a) but subject to Section 16(c), if an amendment or modification of this Agreement:
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(i)would alter or change the special rights hereunder of a Securityholder or group of Securityholders specifically granted such special rights by name, such amendment or modification shall not be effective against such Securityholder or group of Securityholders (as the case may be) without the prior written consent of such Securityholder or, in the case of a group of Securityholders, the holders of at least a majority of Securityholder Securities held by such group of Securityholders; or
​
(ii)would alter or change the powers, preferences or special rights hereunder of the holders of a class of Securityholder Securities (holders of such class, the "Subject Securityholders") so as to affect them materially and adversely different than the holders of any other class of Securityholder Securities, such amendment or modification shall not be effective against the Subject Securityholders without the prior written consent of the holders of at least a majority of such class of Securityholder Securities held by the Subject Securityholders.
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(c)The provisions of Section 16(a) and 16(b) shall not apply to any amendments or modifications otherwise expressly permitted by this Agreement including, without limitation, any required to add a party hereto pursuant to Section 14 hereof. The failure of any party to enforce any of the provisions of this Agreement shall in no way be construed as a waiver of such provisions and shall not affect the right of such party thereafter to enforce each and every provision of this Agreement in accordance with its terms.
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17.Severability. Whenever possible, each provision of this Agreement shall be interpreted in such manner as to be effective and valid under applicable law, but if any provision of this Agreement is held to be invalid, illegal or unenforceable in any respect under any applicable law or rule in any jurisdiction, such invalidity, illegality or unenforceability shall not affect any other provision or any other jurisdiction, but this Agreement shall be reformed, construed and enforced in such jurisdiction as if such invalid, illegal or unenforceable provision had never been contained herein.
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18.Entire Agreement. This Agreement, those documents expressly referred to herein and other documents of even date herewith embody the complete agreement and understanding among the parties hereto with respect to the subject matter hereof and supersede and preempt any prior understandings, agreements or representations by or among the parties, written or oral, which may have related to the subject matter hereof in any way.
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19.Successors and Assigns. Except as otherwise provided herein, this Agreement shall bind and inure to the benefit and detriment of, and be enforceable by and against, the Company and its successors and assigns and the Securityholders and any subsequent holders of Securityholder Securities and the respective successors and assigns of each of them, so long as they hold Securityholder Securities.
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20.Counterparts. This Agreement may be executed in separate counterparts (including by means of telecopied signature pages) each of which shall be an original and all of which taken together shall constitute one and the same agreement.
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​

21.Remedies. The Company and each Securityholder shall be entitled to enforce their rights under this Agreement specifically to recover damages by reason of any breach of any provision of this Agreement and to exercise all other rights existing in their favor. The parties hereto acknowledge and agree that money damages may not be an adequate remedy for any breach of the provisions of this Agreement and that the Company and each Securityholder may in its sole discretion apply to any court of law or equity of competent jurisdiction for specific performance and/or injunctive relief (without posting a bond or other security) in order to enforce or prevent any violation of the provisions of this Agreement.
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22.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. San Jose, California time on a business day, and otherwise on the next business day. Such notices, demands and other communications shall be sent to the Company at the addresses indicated below and to any other recipient at the address indicated on the schedules hereto and to any subsequent holder of Securityholder Securities subject to this Agreement at such address as indicated by the Company's records, or at such address or to the attention of such other Person as the recipient party has specified by prior written notice to the sending party:
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If to the Company:
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Mondee Holdings, LLC
951 Mariners Island Blvd., Suite 130
San Mateo, CA 94404
Attention: Chief Executive Officer
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with copies to (which shall not constitute notice):
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Hutchison PLLC
3110 Edwards Mill Road, Suite 300
Raleigh, NC 27612
Attention: Justyn Kasierski
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23.Governing Law. The Delaware Limited Liability Company Act shall govern all issues concerning the relative rights of the Company and its securityholders. All other questions concerning the construction, validity and interpretation of this Agreement and the exhibits and schedules hereto shall be governed by and construed in accordance with the internal laws of the State of Delaware, without giving effect to any choice of law or other 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.
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24.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
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BROUGHT TO RESOLVE ANY DISPUTE BETWEEN OR AMONG ANY OF 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.
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25.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.
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26.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.
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27.No Third-Party Beneficiaries. No term or provision of this Agreement is intended to be, or shall be, for the benefit of any Person not a party hereto, and no such other Person shall have any right or cause of action hereunder.
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28.Electronic Delivery. This Agreement, the agreements referred to herein, and each other agreement or instrument entered into in connection herewith or therewith or contemplated hereby or thereby, and any amendments hereto or thereto, to the extent signed and delivered by means of a photographic, photostatic, facsimile, portable document format (.pdf), or similar reproduction of such signed writing using a facsimile machine or electronic mail shall be treated in all manner and respects as an original agreement or instrument and shall be considered to have the same binding legal effect as if it were the original signed version thereof delivered in person. At the request of any party hereto or to any such agreement or instrument, each other party hereto or thereto shall re-execute original forms thereof and deliver them to all other parties. No party hereto or to any such agreement or instrument shall raise the use of a facsimile machine or electronic mail to deliver a signature or the fact that any signature or agreement or instrument was transmitted or communicated through the use of a facsimile machine or electronic mail as a defense to the formation or enforceability of a contract and each such party forever waives any such defense.
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29.Exercise of Rights Granted to the Investor and its Affiliates. Each Securityholder recognizes, acknowledges and agrees that (i) the Investor has substantial financial interests in the Company to preserve, (ii) Investor may exercise any of its rights under this Agreement or any other agreement between the Company or any of its Subsidiaries and the Investor in its sole discretion, without taking into account any interest of the Company, its Subsidiaries, any other Securityholder or any other Person and (iii) the exercise by the Investor of any of its rights as a Securityholder (including under this Agreement or any other Transaction Document) shall not be deemed to constitute a lack of good faith, a breach of fiduciary duties or unfair dealing.
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* * * * *
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​

IN WITNESS WHEREOF, the parties hereto have executed this Amended and Restated Securityholders Agreement as of the day and year first above written.
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	​

	​

	​

	​
	MONDEE HOLDINGS, LLC

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	​

	​
	​

	​
	By:
	/s/ Prasad Gundumogula

	​
	Name:
	Prasad Gundumogula

	​
	Its:
	CEO

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​

IN WITNESS WHEREOF, the parties hereto have executed this this Amended and Restated Securityholders Agreement as of the day and year first above written.
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	​

	​

	​

	​
	MONDEE GROUP, LLC

	​
	​
	Print Name of Securityholder

	​
	​

	Dated:       5/1/2020               
	/s/ Prasad Gundumogula
	​

	​
	​
	Signature

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	​

	​
	Prasad Gundumogula

	​
	​
	Print Name (if signing on behalf of entity)

	​
	​

	​
	Manager

	​
	​
	Title (if applicable)

	​
	​

	​
	Address: [***]

	​
	​

	​
	Telephone: 
	65064633333

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	Facsimile:
	6506463333

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	E-mail:
	[***]

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SCHEDULE OF SECURITYHOLDERS
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	Investor:
	​

	​
	​

	Mondee Group, LLC
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	835 Grenada Lane
	​

	Foster City, CA 94404
	​

	Attention: Prasad Gundumogula
	​

	​
	​

	Executives:
	​

	​
	​

	Vajid Jafri
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	592 Dory Lane
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	Redwood Shores, CA 94065
	​

	​
	​

	Ramesh Punwani 1600 So. Eads Street Apt. 926 S
	​

	Arlington, VA 22202
	​

	​
	​

	Jeffrey Snetiker 18319 Chatham Lane
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	Northridge, CA 91326
	​

	​
	​

	Prasad Gundumogula
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	835 Grenada Lane
	​

	Foster City, CA 94404
	​

	​
	​

	Timothy Turner 101 Casitas Avenue
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	San Francisco, CA 94127
	​

	​
	​

	Surjit Babra
	​

	1027 Yonge Street, 3rd Floor Toronto, Ontario M4W 2K9
	​

	​
	​

	Other Securityholders:
	​

	​
	​

	​
	​

	Fly OCP LLC
	​

	c/o Origami Capital Partners
	​

	191 N. Wacker Drive, Suite 2350
	​

	Chicago, IL 60606
	​

	Attn: Joelle Kellam
	​

	Facsimile: (312) 263-7806
	​

	​
	​

	North Haven Credit Partners II L.P.
	​

	​
	​
	​

	​
	​
	​

	​
	​
	​

	Attn:
	​
	​

	Facsimile:
	​
	​

​
​

​
	​

	​

	​

	NH Expansion Credit Fund Holdings LP
	​

	​
	​
	​

	​
	​
	​

	​
	​
	​

	Attn:
	​
	​
	​

	Facsimile:
	​
	​
	​

	​
	​

	Mike Melhem
	​

	680 N. Brys Drive
	​

	Grosse Pointe Woods, MI 48236
	​

	​
	​

	Elias Melhem
	​

	44 S. Deeplands Rd.
	​

	Grosse Pointe, MI 48236
	​

	​
	​

	Georgia Tsakos
	​

	773 Perrien Pl.
	​

	Grosse Pointe, MI 48236
	​

	​
	​

	Mike Melhem, Jr.
	​

	40 Stonehurst Rd.
	​

	Grosse Pointe, MI 48236
	​

	​
	​

	Renna Sarna
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	110 Gallowae
	​

	Watchung, NJ 07069
	​

	​
	​

	Michael Thomas
	​

	4545 Murphy Canyon Rd., Suite 201
	​

	San Diego, CA 92123
	​

	​
	​

	LBF Travel Management Corp.
	​

	4545 Murphy Canyon Rd., Suite 201
	​

	San Diego, CA 92123
	​

	Attn: Michael Thomas
	​

​
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JOINDER TO SECURITYHOLDERS AGREEMENT
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The undersigned is executing and delivering this Joinder pursuant to the Amended and Restated Securityholders Agreement dated as of May 1, 2020 (as the same may hereafter be amended, the "Securityholders Agreement"), by and among Mondee Holdings, LLC (the "Company"), Mondee Group, LLC, and each of the other securityholders of the Company from time to time party thereto.
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By executing and delivering to the Company this Joinder, the undersigned hereby agrees to become a party to, to be bound by, and to comply with the provisions of the Securityholders Agreement as an (Investor and Securityholder // Executive and Securityholder // Other Securityholder and Securityholder) in the same manner as if the undersigned were an original signatory to the Securityholders Agreement.
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Accordingly, the undersigned has executed and delivered this Joinder as of the _ day of __________, 20_.
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	​

	​

	​

	​
	[Securityholder]

	​
	​

	​
	​

	​
	By:
	 ​

	​
	Name:
	 ​

	​
	Its:
	 ​

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