Document:

Exhibit 10.1

 

SETTLEMENT
AGREEMENT AND GENERAL RELEASE

 

This
Settlement Agreement and General Release (“Settlement Agreement”) is made and entered into by and between CIMA Telecom,
Inc., a Florida corporation (“CIMA Telecom”), two of CIMA’s wholly-owned subsidiaries, Knetik, Inc., a Delaware
corporation (“Knetik”) and Auris, LLC, a Florida limited liability company (“Auris” and, with CIMA
and Knetik, collectively, “CIMA”) and Cuentas Inc., a Florida corporation (“Cuentas”) (CIMA and
Cuentas each a “Party” and, collectively, the “Parties”).

 

RECITALS

 

WHEREAS,
the Parties entered into that certain Platform License Agreement, dated December 31, 2019 (“License Agreement”), pursuant
to which, among other things, CIMA agreed to grant Cuentas a license to access and use the Platform, on the terms and conditions set
forth therein.

 

WHEREAS,
in connection with Cuentas’s failure to pay amounts due and outstanding under the License Agreement, the Parties entered into a
letter agreement, dated September 16, 2021 (the “First Settlement Agreement”), pursuant to which the Parties agreed
to a revised payment schedule with respect to certain Maintenance Fees.

 

WHEREAS,
in connection with Cuentas’s failure to pay amounts due and outstanding under the First Settlement Agreement, and additional amounts
due and outstanding under the License Agreement, CIMA provided notice of default pursuant to Section 15.2 of the License Agreement on
May 25, 2022, and a second notice of default in respect of additional amounts due and outstanding on June 7, 2022, for a total amount
currently due and outstanding of $770,239.78 (the “Unpaid Fees”).

 

WHEREAS,
Cuentas sent a letter and draft complaint dated July 19, 2022 alleging various claims against CIMA for breach of fiduciary duty, violation
of Florida’s Deceptive and Unfair Trade Practices Act, Fla. Stat. § 501.201 et seq., breach of the License Agreement, injunctive
relief, and rescission of the License Agreement, Purchase Agreement and related agreements (“Claims”).

 

WHEREAS,
CIMA provided written notice to Cuentas on July 25, 2022 that the License Agreement, and Licensee’s access to and use of the Platform,
was immediately terminated.

 

WHEREAS,
CIMA filed a complaint against Cuentas on July 25, 2022 alleging claims for breaches of the License Agreement and the First Settlement
Agreement (“Action”).

 

WHEREAS,
the Parties recognize the benefit of avoiding fees and expenses that would be incurred in litigation.

 

WHEREAS,
the Parties wish to resolve, discharge and settle fully, finally, and forever, all disputes, claims, charges, or grievances that exist
with one another in accordance with the terms and conditions set forth herein.

 

     

     

    

 

NOW,
THEREFORE, in consideration of the above recitals and the mutual covenants and conditions contained in this Settlement Agreement, and
for other good and valuable consideration, the receipt and sufficiency of which the Parties acknowledge, they agree as follows:

 

TERMS

 

1. Recitals.
The foregoing recitals are hereby incorporated by reference and made a part of this Settlement Agreement as if more fully set forth herein.

 

2. Defined
Terms. Capitalized terms used but not otherwise defined in this Settlement Agreement shall have the meaning ascribed in the License
Agreement.

 

3. Settlement
Terms. In exchange for the consideration provided in this Settlement Agreement, (x) Cuentas shall: (i) on or before 5:00 p.m. New
York City time, on August 2, 2022, pay CIMA $350,000.00 by wire transfer of immediately available funds in cash, (ii) on or before 5:00
p.m New York City time, on August 15, 2022, pay CIMA the balance of the Unpaid Fees ($420,239.78) by wire transfer of immediately available
funds in cash, (iii) accept for a period of 30 days from the date hereof the exclusive right to facilitate a third party (including to
current shareholders and directors of Cuentas) purchase (without markup or broker fee) of, all of the shares of Cuentas held by CIMA
at the higher of: (i) the average per share trading price for the three day average before notice in writing is provided by Cuentas of
the intent to purchase CIMA’s Cuentas shares, or (ii) the minimum price of $0.50 per share on or before 5:00 p.m. New York City
time, on August 31, 2022 pursuant to a purchase agreement delivered by and acceptable to CIMA without any changes thereto (provided,
that CIMA shall not be required to provide any representations or warranties other than fundamental warranties related to (a) organization
and good standing, (b) power and authority to undertake the transaction and (c) ownership of such shares, and ordinary representations
and warranties that the Cuentas shares are being transferred free and clear of any liens, claims, or encumbrances); and (iv) on or before
5:00 p.m. New York City time, on August 2, 2022, Cuentas shall, and shall cause (x) Dinar Zuz, LLC, (y) Michael De Prado and (z) Arik
Maimon to provide signed waiver letters in the form set forth in Exhibit C, expressly waiving any right of first refusal and co-sale
rights granted in their favor under that certain letter agreement, dated December 31, 2019, by and among CIMA, Dinar Zuz, LLC, Michael
Del Prado and Arik Maimon, and (y) CIMA agrees: (i) to restore immediately Cuentas’s access to the Platform upon receipt of the
$350,000.00 payment in Section 3(x)(i); (ii) to provide Cuentas with a limited license to utilize the Platform the terms of which are
detailed specifically in Section 6, and to use reasonable efforts, subject to Cuentas’ compliance hereto, to provide Cuentas’
customer data to Cuentas through the end of the limited license term described below in Section 6; (iii) deliver to Cuentas the Source
Code (as that term is defined in paragraph 1.18 of the License Agreement) relating to Out-Of-Scope Services, as set forth on Exhibit
B and as further detailed in Section 6; (iv) not enforce its rights under the Side Letter (as that term is defined in the paragraph 1.1
of the Purchase Agreement) through and including August 31, 2022, and (v) shall not transfer, sale, or encumber its Cuentas shares through
and including August 31, 2022, except as permitted herein. Cuentas acknowledges and agrees that the amount of Unpaid Fees ($770,239.78)
is valid and outstanding, and waives any right to dispute them. If Cuentas fails to comply with any term of this Settlement Agreement,
in addition to the Stipulated Judgment described in Section 5, the limited license set forth in Section 6 and any of CIMA’s obligations
under this Settlement Agreement shall become null and CIMA shall have the right to shut off Cuentas access to the Platform without notice.

 

    2

     

    

 

4. Mutual
General Releases by Cuentas and CIMA.

 

4.1. Cuentas,
on behalf of itself individually and its respective attorneys, current or former agents, employees, representatives, predecessors, successors,
parent corporations, subsidiaries, subdivisions, heirs, and assigns (collectively, “Cuentas Releasing Parties”), do
hereby voluntarily, knowingly, unconditionally, and absolutely waive, remise, generally release, acquit, satisfy and forever discharge
CIMA and their predecessors, parent corporations, subsidiaries, members, affiliates, franchisees, and all of their and those entities’
current or former agents, officers, principals, directors, executives, employees, attorneys, insurers, members, managers, successors,
and assigns (collectively, “CIMA Released Parties”), from or concerning any causes of action, claims, complaints,
liabilities, suits, debts, dues, sums of money, accounts, indemnities, guarantees, contributions, reckonings, bonds, bills, covenants,
contracts, controversies, agreements, promises, damages (actual, statutory, or other), injuries, judgments, executions, claims, attorney
fees, costs, expenses, penalties, and all other damages now accrued, or hereafter to accrue, of any kind or character, in any country
or jurisdiction, in law or equity, known or unknown, direct or indirect, fixed or contingent, suspected or unsuspected, including, but
not limited to, any claims under federal, state, or local law, or the laws of any country, arising out of or relating to any matters,
transactions, or events which existed from the beginning of time through the completion of items in Section 3, above, including, but
not limited to, those based upon, related to, arising out of, or resulting from the License Agreement, Purchase Agreement, the Side Letter,
anything related to CIMA’s position as a shareholder or any member of the Cuentas Board of Directors appointed by CIMA (specifically
including Edward Maldonado), and any and all related or unrelated agreements of any kind or nature between the parties and/or the Claims
(“Cuentas Released Claims”). The Cuentas Released Claims encompass any potential claims for relief by the Cuentas
Releasing Parties no matter how denominated, including, but not limited to, compensatory damages, statutory damages, penalties, punitive
damages, and attorney fees and costs; provided, however, such release does not include any breach of the promises, covenants,
conditions or representations contained in this Settlement Agreement.

 

4.2. CIMA,
on behalf of itself individually and its respective attorneys, current or former agents, employees, representatives, predecessors, successors,
parent corporations, subsidiaries, subdivisions, heirs, and assigns (collectively, “CIMA Releasing Parties”), do hereby
voluntarily, knowingly, unconditionally, and absolutely waive, remise, generally release, acquit, satisfy and forever discharge Cuentas
and its predecessors, parent corporations, subsidiaries, members, affiliates, franchisees, and all of their and those entities’
current or former agents, officers, principals, directors, executives, employees, attorneys, insurers, members, managers, shareholders,
successors, and assigns (collectively, “Cuentas Released Parties”), from or concerning any causes of action, claims,
complaints, liabilities, suits, debts, dues, sums of money, accounts, guarantees, reckonings, bonds, bills, covenants, contracts, controversies,
agreements, promises, damages (actual, statutory, or other), injuries, judgments, executions, claims, attorney fees, costs, expenses,
penalties, and all other damages now accrued, or hereafter to accrue, of any kind or character, in any country or jurisdiction, in law
or equity, known or unknown, direct or indirect, fixed or contingent, suspected or unsuspected, including, but not limited to, any claims
under federal, state, or local law, or the laws of any country, arising out of or relating to any matters, transactions, or events which
existed from the beginning of time through the Effective Date of this Agreement, including, but not limited to, those based upon, related
to, arising out of, or resulting from (i) the License Agreement, Purchase Agreement, Side Letter, and any and all related or unrelated
agreements of any kind or nature, including the Side Letter Agreement between the parties (the “License and Related Agreements”),
(ii) CIMA’s status a shareholder or as a member of the Cuentas Board of Directors, (iii) any and all related contractual, intentional
torts, negligence, fraud, or fiduciary duty claims of any kind or nature (the “CIMA Released Claims”). The CIMA Released
Claims encompass any potential claims for relief by the CIMA Releasing Parties no matter how denominated, including, but not limited
to, compensatory damages, statutory damages, penalties, punitive damages, and attorney fees and costs; provided, however, such
release does not include any breach of the promises, covenants, conditions or representations contained in this Settlement Agreement.

 

    3

     

    

 

4.3. The
Cuentas Releasing Parties and the CIMA Releasing Parties mutually intend to grant a full, general, and unconditional release each to
the other of the Cuentas Released Claims and CIMA Released Claims, whether or not the Releasing Parties have knowledge of the existence
of any such Released Claims, or of any fact which would give rise to, or support, any such Released Claims, and irrespective of whether
the facts presently known to the Releasing Parties are correct or complete. Notwithstanding the foregoing, the Cuentas Releasing Parties
and the CIMA Releasing Parties intend their mutual general releases to extend to any claims they do not know of or suspect to exist in
their favor at the time of execution of this Settlement Agreement, even if such claim would materially affect their decision to enter
into this Settlement Agreement. The Cuentas Releasing Parties and the CIMA Releasing Partiesintend their mutual general releases to be,
and remain in effect as, a full and complete general release, notwithstanding the discovery or existence of different or additional facts,
relating to the Released Claims, now or in the future, and that their mutual general releases be interpreted as broadly as possible as
releasing each from the other of any and all claims of any kind or nature, excluding only the parties’ obligations, promises, covenants,
conditions or representations contained in this Settlement Agreement.

 

4.4. Cuentas
represents that other than the Claims, it has no pending complaints, actions, charges or claims of any nature against any of the CIMA
Released Parties. Cuentas further agrees that this Agreement shall be construed to be, and is, a covenant by Cuentas, for itself and
its agents, heirs, employees, attorneys, successors, and assigns acting on its behalf, not to sue, institute, instigate, or act to cause,
facilitate, or encourage the commencement of, any arbitration, lawsuit (whether in law or at equity), administrative, regulatory or self-regulatory
investigation or proceeding, or any other action of any kind on its behalf relating to or based upon the Cuentas Released Claims. Cuentas
agrees that if it files or causes to be filed on its behalf any claim or action asserting claim(s) released by this Settlement Agreement,
the CIMA Released Parties may assert this Settlement Agreement as a complete defense and may seek to recover from Cuentas any costs or
attorneys’ fees incurred in such an action or claim. Cuentas agrees and acknowledges that the covenants not to sue in this Settlement
Agreement are made to inure to the benefit of, and are specifically enforceable by, the CIMA Released Parties.

 

    4

     

    

 

 

4.5. CIMA
further agrees that this Agreement shall be construed to be, and is, a covenant by CIMA, for itself and its agents, heirs, employees,
attorneys, successors, and assigns acting on its behalf, not to sue, institute, instigate, or act to cause, facilitate, or encourage
the commencement of, any arbitration, lawsuit (whether in law or at equity), administrative, regulatory or self-regulatory investigation
or proceeding, or any other action of any kind on its behalf relating to or based upon the CIMA Released Claims. Except as set forth
in Section 4.9, CIMA agrees that if it files or causes to be filed on its behalf any claim or action asserting claim(s) released by this
Settlement Agreement, the Cuentas Released Parties may assert this Settlement Agreement as a complete defense and may seek to recover
from CIMA any costs or attorneys’ fees incurred in such an action or claim. CIMA agrees and acknowledges that the covenants not
to sue in this Settlement Agreement are made to inure to the benefit of, and are specifically enforceable by, the Cuentas Released Parties.
To avoid doubt, nothing in this Section negates, limits, or alters Section 4.9, below.

 

4.6. Each
party represent and warrant that it is the current legal and beneficial owner of the Released Claims and that it has not sold, assigned,
pledged, transferred, conveyed, or contracted to sell, assign, pledge, transfer, convey or otherwise dispose of any such Released Claims
to any person or entity.

 

4.7. Each
party represents and warrants that it has asserted no claims except those that it owns, that it can provide a complete resolution of
the claims, and that no part of the claims will remain viable after the execution of this Settlement Agreement.

 

4.8. The
terms of the release and covenants provided and effectuated by this Settlement Agreement are to be construed as broadly as possible and
in favor of a complete resolution of the any and all claims of any kind or nature between or among the parties, so that no exceptions
are implied.

 

4.9. Cuentas
agrees to indemnify, defend, and hold harmless CIMA from any lawsuit initiated by a third party against CIMA for any action related to
Cuentas. Nothing in this Settlement Agreement (including Sections 4 and 9) precludes CIMA from defending itself (1) through making statements
relating to Cuentas and/or (2) in prosecuting and defending lawsuits (including against Cuentas) relating to any third party’s
comments, actions or claims made regarding CIMA. For avoidance of doubt, this reservation of rights includes CIMA retaining the right
to sue Cuentas for indemnity, subrogation, or contribution relating to claims made by a third party against CIMA, and retaining the right
to make any truthful comments about Cuentas to address allegations about CIMA related to Cuentas.

 

4.10. Cuentas’s
release of CIMA shall be effective upon Cuentas signing this Settlement Agreement. CIMA’s release of Cuentas shall be effective
upon the completion of all items identified in Section 3, above. If Cuentas fails to comply with any portion of Section 3, CIMA’s
release of Cuentas is null and void.

 

5. Stipulated
Judgment. In the event Cuentas fails to perform any of its obligations under this Settlement Agreement, Cuentas stipulates to have
judgment entered in the Action against it in favor of CIMA, in the amount of $770,239.78, less any payments received by CIMA from Cuentas
under this Settlement Agreement, plus interest on any unpaid principal balance accrued at the maximum legal rate from the Effective Date
(“Stipulated Judgment”). Under such circumstances, CIMA, through counsel, shall be entitled to seek and secure entry
of judgment in the Action, with or without notice to Cuentas or its counsel. The Stipulated Judgment shall be in the form of Exhibit
A1, substantially in the form attached hereto, the terms of which are incorporated herein by reference. Cuentas hereby
waives all defenses to liability, any rights of appeal or other rights it may have to contest the validity of the Stipulated Judgment
except defense of payment. This Settlement Agreement may be presented to the Court to show the entitlement to the Stipulated Judgment.

 

 

		1	For
the avoidance of doubt, Exhibit A includes blank lines to be completed by CIMA to reflect the amounts owed upon a circumstance that permits
CIMA to cause the Stipulated Judgment to be entered by the Court.

 

    5

     

    

 

6. Limited
Grant of Rights.

 

6.1. Effective
and conditioned upon Cuentas’s full performance of all the terms of this Settlement Agreement, CIMA hereby grants to Cuentas a
limited, non-exclusive, revocable, non-transferable, non-sublicensable license to access and use the Platform through 11:59pm New York
City time on November 30, 2022, on an “as is” basis, solely within the Field of Use and to facilitate Cuentas’s transition
to an alternate platform, such transition to occur at Cuentas’s sole cost and expense (the “Transition”). Cuentas shall
provide CIMA ten (10) day written notice of the date and time of the Transition (the “Transition Date”). On the Transition
date, CIMA will transfer to Cuentas the Cuentas database and transfer the access and email as necessary to allow Cuentas to assume control
of the Apple and Android developments.

 

6.2. Cuentas
acknowledges and agrees that: (i) CIMA is under no obligation to provide any Maintenance and Support Services with respect to the Platform;
(ii) Cuentas may request, but CIMA is under no obligation whatsoever to assist with or provide any Transition related activities or services;
(iii) any assistance Cuentas may obtain from CIMA with respect to the Transition will be entirely at Cuentas’s risk; (iv) CIMA
shall deliver to Cuentas the Source Codein connection with Out-Of-Scope Services developed pursuant to Statements of Work under Section
5.1 of the License Agreement, solely as set forth on Exhibit B, on an “as-is” basis, , in its current form without alterations,
modification, or deletions, and only to the extent such Source Code is distinct from and separate to Source Code relating to the Platform,
within five (5) business days of Cuentas payment of the remaining Unpaid Fees of $420,239.78 as provided for in paragraph 3 of the Agreement;
(v) if Cuentas fails to comply with any term of this Settlement Agreement, in addition to the Stipulated Judgment described in Section
5, the license granted under this Section 6 shall become null, and CIMA shall have the right to immediately terminate Cuentas’s
access to the Platform without notice; and (vi) other than as specifically described in this Section 6, Cuentas has no rights with respect
to the Platform or any related components thereto.

 

6.3. OTHER
THAN AS EXPRESSLY SET FORTH IN THIS SETTLEMENT AGREEMENT, CIMA MAKES NO OTHER REPRESENTATION OR WARRANTY, EXPRESS OR IMPLIED.

 

7. No
Admission of Liability. The Parties understand and agree this Settlement Agreement is entered in compromise and settlement of all
possible claims (asserted and unasserted, known and unknown), and shall not be construed as an admission of liability by any Party. The
existence of this Settlement Agreement shall not be used as evidence or otherwise in any manner, except in an action or proceeding related
to enforcement of the terms of this Settlement Agreement.

 

    6

     

    

 

8. No
Other Pending or Future Claims. Cuentas represents and warrants that, except for the Claims, it does not have any other current or
contemplated charges, lawsuits, or claims of any kind against the CIMA Released Parties it has filed, or intends to file, before any
state, federal, or other court, any state or federal agency, or governmental entity, or arbitration organization. Cuentas also agrees
not to cooperate or assist any person or entity in pursuing any claim, including the Cuentas Released Claims, against any of the CIMA
Released Parties, except as required by law. Cuentas agrees it shall not file, or cause to be filed, or prosecute in any manner in any
forum or jurisdiction any claims, charges, or actions against the CIMA Released Parties, at any time with respect to the Cuentas Released
Claims.

 

9. Confidentiality
and Non-Disparagement.

 

9.1. Each
Party agrees that any confidential information provided to the other Party pursuant to its right under this Settlement Agreement shall
be subject to the confidentiality terms of the License Agreement (without giving effect to any waiver, modification, amendment or restatement
thereof except to the extent expressly consented to in writing by either Party).

 

9.2. Cuentas
agrees that it will, and will cause its officers and employees, not make, whether by responding to inquiries or otherwise, any statements,
written or verbal, or cause or encourage others to make any statements, written or verbal, that defame, disparage or in any way criticize
the personal or business reputation, practices or conduct of CIMA, its parents, subsidiaries, affiliates, employees, directors, and officers,
agents and attorneys with respect to the Claims that are the subject of this Settlement Agreement, and the settlement thereof, including
the terms of this Settlement Agreement and all negotiations thereof.

 

9.3. Notwithstanding
the foregoing, nothing in Section 8 negates, limits, or alters the rights set forth in Section 4.9 and this Section 9 is expressly limited
to the extent provided in Section 4.9.

 

10. Voluntary
Agreement and Consultation With Counsel. The Parties represent and acknowledge: (a) they have read this Settlement Agreement; (b)
they have made such investigation of the matters pertaining to this Settlement Agreement as they deem necessary and find the terms of
this Settlement Agreement to be satisfactory; (c) they understand all of this Settlement Agreement’s terms; (d) they execute this
Settlement Agreement freely, voluntarily, and without coercion, with full knowledge of its significance and the legal consequences thereof;
and (e) they have consulted legal counsel and have had an adequate opportunity to review and consider the terms of this Settlement Agreement.

 

11. Authority.
Each Party expressly covenants, represents, and warrants it has the authority to enter into this Settlement Agreement, and each person
signing on behalf of a Party has all of the requisite power to bind such Party.

 

12. Governing
Law. This Settlement Agreement shall be governed by, and construed in accordance with, the laws of the State of Florida without regard
to the conflict of law rules thereof.

 

    7

     

    

 

13. Waiver
of Jury Trial. Each of the parties knowingly, voluntarily, and intentionally waives the right
any of them may have to a trial by jury in respect of any litigation related to or arising out of this SETTLEMENT Agreement.

 

14. Severability.
Whenever possible, each provision of this Settlement Agreement shall be interpreted in such a manner as to be valid under applicable
law, but if any provision of this Agreement shall be judged invalid or prohibited thereunder, such invalidity or prohibition shall be
construed as if such invalidity or prohibited provision had not been inserted herein and shall not affect the remainder of such provision
or the remaining provisions of this Settlement Agreement.

 

15. Counterparts.
This Settlement Agreement may be executed in one or more counterparts, each of which when so executed and delivered shall be deemed an
original, but all of which taken together shall constitute one and the same instrument. A facsimile or a PDF copy of a signature page
shall be acceptable in the absence of an original signature page.

 

16. No
Oral Modifications. No alterations, modifications, supplements, changes, amendments, waivers, or termination of this Settlement Agreement
shall be valid unless in writing and executed by all Parties. No waiver of any provision of this Settlement Agreement shall constitute
a waiver of any other provision. Each Party warrants it has not relied on any promises or representations outside this Settlement Agreement.

 

17. Binding
Effect of Agreement. The terms and provisions of this Settlement Agreement shall be binding upon, and inure to the benefit of, the
Parties and each of their respective successors, heirs, and assigns.

 

18. Entire
Agreement/Integration/No Reliance: Regarding the subject matter herein: this Settlement Agreement and all attachments hereto, (1)
constitutes the entire agreement and understanding of the Parties hereto; (2) sets forth all the promises, covenants, agreements, conditions
and understandings between the Parties; and (3) supersedes any prior or contemporaneous agreements, understandings, inducements or conditions,
whether expressed or implied, oral or written, except as set forth herein. The attachments include: (1) the Stipulated Judgment attached
as Exhibit A; (2) the list of code developed under statements of work attached as Exhibit B; and (3) the letter agreement for waiver
of the Right of First Refusal attached as Exhibit C. Each Party acknowledges that no other representation, inducement, promises or agreements,
orally or otherwise, was made or relied on by any Party, or anyone acting on behalf of any Party, unless such representation, inducement,
promises or agreements are embodied in this Agreement.

 

19. Further
Assurances. Each Party shall execute and deliver any and all additional papers, documents, and other assurances, and shall take such
additional actions as may be necessary in connection with the performance of its obligations hereunder to carry out the intent of the
Parties with respect to this Settlement Agreement.

 

20. Expenses.
Each Party shall bear all of its own attorney fees, costs and expenses incurred, or to be incurred, in connection with, or arising out
of, the Action, the Claims, and/or negotiating and preparing this Settlement Agreement, and in carrying out any duties contemplated by
this Settlement Agreement.

 

    8

     

    

 

21. No
Obligation to Third Parties. Except for the Parties to this Settlement Agreement and as otherwise provided herein, no person is intended
to be a beneficiary of any provision of this Settlement Agreement and, accordingly, there shall be no third party beneficiaries of this
Settlement Agreement.

 

22. Construction.
The section headings of this Settlement Agreement are for convenience of reference only and shall not affect the meaning or interpretation
of this Settlement Agreement.

 

23. No
Prejudice to the Drafter. Each Party and its counsel has had a full and complete opportunity to review this Settlement Agreement,
and make suggestions or changes. Accordingly, each Party understands this Settlement Agreement is deemed to have been drafted jointly
by the Parties, and they agree common law principles of construing ambiguities against the drafter shall not apply. This Settlement Agreement
should be construed fairly and not in favor of or against one Party as the drafter.

 

24. Effective
Date. This Settlement Agreement shall be effective when fully executed by all Parties. To the extent the Parties execute this Settlement
Agreement on different days, the Effective Date shall be the date of the last signature of a Party.

 

[Remainder
of page intentionally left blank; signature page to follow]

 

    9

     

    

 

IN
WITNESS WHEREOF, each Party hereto has approved and executed this Settlement Agreement on the date set forth below.

 

	Dated:  August
    2, 2022	CUENTAS
    INC. 
	 	 	 	 
	 	By:	/s/
    Arik Maimon
	 		Name:	Arik
    Maimon
	 		Title:	Chairman
    of Cuentas Board of Directors
	 	 	 	 
	Dated:  August
    2, 2022	CIMA
    TELECOM, INC.
	 	 	 	 
	 	By:	/s/
    Juan M. Gomez
	 		Name:	Juan
    M. Gomez
	 		Title:	President
	 	 	 	 
	Dated:  August
    2, 2022	KNETIK,
    INC.
	 	 	 	 
	 	By:	/s/
    Juan M. Gomez
	 		Name:	Juan
    M. Gomez
	 		Title:	President
	 	 	 	 
	Dated:  August
    2, 2022	AURIS,
    LLC
	 	 	 	 
	 	By:	/s/
    Juan M. Gomez
	 		Name:  	Juan
    M. Gomez
	 		Title:	President

 

    10

     

    

  

EXHIBIT
A

 

IN
THE CIRCUIT COURT OF THE

11TH
JUDICIAL CIRCUIT IN AND FOR

MIAMI-DADE COUNTY, FLORIDA

 

	CIMA
    TELECOM, INC., KNETIK, INC., and AURIS, LLC,	 	 
	 	 	Circuit
    Civil Division ___
	Plaintiffs,		CASE
    NO.: __________
	 	 	 
	v.	 	 
	 	 	 
	CUENTAS,
    INC., 	 	 
	 	 	 
	Defendant.	/	 
	 	 	 

 

STIPULATED
FINAL JUDGMENT

 

Plaintiffs
commenced this civil action for breach of the Parties’ settlement agreement dated August [●], 2022 (“Settlement Agreement”).
This cause came before the undersigned Judge pursuant to and in accordance with the stipulation of the Parties, and good cause appearing,
IT IS HEREBY ORDERED, ADJUDGED AND DECREED that plaintiffs CIMA TELECOM, INC., KNETIK, INC. and AURIS, LLC have and recover of and from
defendant Cuentas, Inc., judgment in the total sum of $____________________, which includes plaintiffs’ principal claim of $______________
and interest at the rate of $_________ per day, calculated as of __________________, 2022, in accordance with the terms of the Settlement
Agreement of ___ % per annum from the Effective Date, which interest shall continue to accrue until the Judgment is paid in full.

 

Dated
this ___ day of August, 2022.

 

STIPULATED
AND AGREED TO BY:

 

	ON
BEHALF OF PLAINTIFFS: 
	ON
    BEHALF OF DEFENDANT:

 

	 	 

 

ORDERED
and ADJUDGED in Miami-Dade County, Florida, this __ day of August, 2022.

 

	 	 
	 	CIRCUIT
COURT JUDGE

 

     

     

    

 

CIMA TELECOM, INC. 

1728 Coral Way

Coral Gables, FL 33145

 

EXHIBIT
B

 

Statements
of Work

 

	Ref.	 	SOW	 	Total amount	 	 	Date
	1	 	SMS Based Registration Version 1.0	 	 	3,900.00	 	 	2/27/2020
	2	 	Promo Code Handling Version 1.0	 	 	3,000.00	 	 	2/27/2020
	3	 	Retailer Whitelisting 1.0	 	 	1,150.00	 	 	2/27/2020
	4	 	International Top-Up Version 1.0	 	 	3,600.00	 	 	4/17/2020
	5	 	March-April New Development (a/k/a Request Funds & Registration Recovery)	 	 	4,500.00	 	 	4/17/2020
	6	 	Activation-Fee Credit - API Update	 	 	750.00	 	 	5/19/2020
	7	 	April Development - Loose Ends	 	 	4,495.00	 	 	5/19/2020
	8	 	Language Upgrade	 	 	1,800.00	 	 	5/19/2020
	9	 	Analytics V2	 	 	5,700.00	 	 	5/26/2020
	 	 	Redesign & Bill Pay / CITI Intergration - Phase 1 & Phase2	 	 	107,100.00	 	 	1/13/2021
	10	 	ADDENDUM - Redesign & Bill Pay/ITI Intergration-Phase 1 & 2	 	 	15,600.00	 	 	5/14/2021
	11	 	Western Union 2.0 July 2021	 	 	69,600.00	 	 	8/4/2021
	12	 	WU Browser-based Implementation Oct 2021	 	 	60,375.00	 	 	10/15/2021
	13	 	SDI Release Version 1.0 - June 2021	 	 	17,700.00	 	 	6/22/2021
	14	 	Western Union Version 1.0 - June 2021	 	 	60,300.00	 	 	6/22/2021
	15	 	WU/Bill-pay Finalization Work 4 Oct 2021	 	 	37,275.00	 	 	10/18/2021
	16	 	Backlog and Roadmap items - Jan 2022	 	 	27,900.00	 	 	1/12/2022
	 	 	1.- Registration Modification and Promo Changes	 	 	11,100.00	 	 	3/1/2022
	 	 	2.- WU Release Changes/Preparation to SOW Registration	 	 	 	 	 	 
	17	 	Modification and Promo Changes.	 	 	 	 	 	 
	18	 	SOW Web-based Registration Feb 2022  CUEN-2407	 	 	18,000.00	 	 	3/3/2022
	19	 	New Products and Enhancements ID:  March 2022 CUEN-2416	 	 	13,200.00	 	 	3/23/2022
	20	 	AppsFlyer SDK Integration ID: CUEN-2428	 	 	5,250.00	 	 	4/4/2022
	21	 	Bill Pay Reports ID: CUEN-2456 April 2022 CUEN-2456	 	 	15,000.00	 	 	5/10/2022
	 	 	TOTALS	 	 	487,295.00	 	 	 

 

     

     

    

 

Exhibit
C

 

August
2, 2022

 

	Cuentas,
    Inc.	 
	200
    S. Biscayne Blvd., Suite 5500	235
    Lincoln Rd, Ste 210
	Miami,
    FL 33131	Miami
    Beach, FL  33139
	 	 
	Dinar
    Zuz, LLC	 
	[Address]	1898
    NW 74TH AVE
	 	PEMBROOK
    PINES, FL 33024

 

	Michael
    De Prado	 
	[Address]	235
    Lincoln Rd, Ste 210
	 	Miami
    Beach, FL  33139
	Arik
    Maimon	 
	[Address]	235
    Lincoln Rd, Ste 210
	 	Miami
    Beach, FL  33139

 

Gentlemen:

 

Reference
is made to that certain letter agreement, dated December 31, 2019 (the “Side Letter Agreement”), by and among CIMA
Telecom, Inc., a Florida corporation (“CIMA”), Cuentas, Inc., a Florida corporation (“Cuentas”),
Dinar Zuz, LLC, a Florida limited liability company (“Dinar”), Michael De Prado (“Michael”) and
Arik Maimon (“Arik”). Capitalized terms used herein but not otherwise defined shall have the meanings ascribed in
the Side Letter Agreement.

 

Pursuant
to Section 4 of the Side Letter Agreement, (i) Cuentas has a primary right of first refusal to purchase shares of Common Stock which
CIMA intends to sell to a bona fide third party purchaser on the same terms and conditions as CIMA would have sold such shares of Common
Stock to any third party purchaser (the “Primary ROFR”) and (ii) each of Dinar, Michael and Arik have a secondary
right of first refusal to purchase such shares of Common Stock if Cuentas does not exercise the Primary ROFR (the “Secondary
ROFR”).

 

On
even date herewith, Cuentas and CIMA entered into a Settlement Agreement, pursuant to which, among other things, Cuentas agreed to (i)
facilitate a third party purchase of all of the share of common stock of Cuentas held by CIMA at the higher of: (i) the average per share
trading price for the three day average before notice in writing is provided by Cuentas of the intent to purchase CIMA’s Cuentas
shares, or (ii) the minimum price of $0.50 per share on or before 5:00 p.m. New York City time on August 31, 2022 (the “Contemplated
Transaction”), and (ii) cause Dinar, Michael and Arik to provide waivers of the Secondary ROFR granted in their favor pursuant
to the terms of the Side Letter Agreement.

 

We
hereby request that you waive your right to exercise such Primary ROFR and Secondary ROFR. By signing this letter agreement, you confirm
that (i) you understand that you have the right to purchase Common Stock pursuant to the Primary ROFR or the Secondary ROFR, as applicable,
and (ii) you hereby elect to waive any and all rights of first refusal pursuant to the Side Letter Agreement with respect to the Contemplated
Transaction.

 

This
letter agreement may be executed in two or more counterparts, each of which shall be deemed an original, but all of which together shall
constitute one and the same instrument.

 

[signature
page follows]

 

     

     

    

 

CIMA TELECOM, INC. 

1728 Coral Way

Coral Gables, FL 33145

 

If
you are in agreement with the foregoing, please so indicate by signing, dating and returning the enclosed copy of this letter agreement,
which will constitute our agreement with respect to the matters set forth herein.

 

	 	Sincerely,
	 	 	 
	 	CIMA TELECOM, INC.
	 	 	 
	 	By:	/s/
    Juan M. Gomez
	 	Name:  	Juan
    M. Gomez
	 	Title:	President

 

	Agreed to and accepted:	 
	 	 	 
	CUENTAS, INC.	 
	 	 	 
	By:	/s/
    Arik Maimon	 
	Name:	Arik
    Maimon	 
	Title:	Executive
    Chairman	 
	 	 	 
	DINAR ZUZ, LLC	 
	 	 	 
	By: 	/s/
    Yochanon Bruk	 
	Name:  	Yochanon
    Bruk	 
	Title:	Manager	 

 

	MICHAEL
    DE PRADO	 
	 	 
	/s/
    Michael De Prado	 
	 	 
	ARIK
    MAIMON	 
	 	 
	/s/
    Arik MaimonEX-10.3

   

  Definitive Healthcare Corp.

  2021 Equity Incentive Plan

   

  Restricted Stock Unit Award Agreement

  This Restricted Stock Unit Award Agreement (this “Agreement”) is made by and between Definitive Healthcare Corp., a Delaware corporation (the “Company”), and Robert Musslewhite (the “Participant”), effective as of May 3, 2022 (the “Date of Grant”). 

  RECITALS

   

  WHEREAS, the Company has adopted the Definitive Healthcare Corp. 2021 Equity Incentive Plan (the “Plan”), which is incorporated herein by reference and made a part of this Agreement. Capitalized terms not otherwise defined in this Agreement shall have the meanings ascribed to those terms in the Plan (or if not defined in the Plan but in the Employment Agreement, in the Employment Agreement); and

  WHEREAS, the Committee has authorized and approved the grant of an Award to the Participant that will provide the Participant the opportunity to receive shares of Common Stock upon the settlement of restricted stock units on the terms and conditions set forth in the Plan and this Agreement (“Restricted Stock Units”). 

  NOW THEREFORE, in consideration of the premises and mutual covenants set forth in this Agreement, the parties agree as follows:

  1.Grant of Award.  The Company hereby grants to the Participant, effective as of the Date of Grant, 333,322 Restricted Stock Units, on the terms and conditions set forth in the Plan and this Agreement. 

   

  2.Vesting and Forfeiture. Subject to the terms and conditions set forth in the Plan and this Agreement, the Restricted Stock Units shall vest as follows:

  (a)General. Thirty percent (30%) of the Restricted Stock Units shall vest on the first anniversary of May 4, 2022 (the “Vesting Start Date”), and the remaining seventy percent (70%) of the Restricted Stock Units shall vest in substantially equal installments at the end of each three-month period measured from the first anniversary of the Vesting Start Date (each, a “Vesting Date”) for a period of thirty (30) months, subject to the Participant’s continued Service through the applicable Vesting Date (except as provided in Section 2(b). 

  (b)Termination of Service; Breach. Except as set forth in Section 11 of the Employment Agreement between Definitive Healthcare, LLC and the Participant, dated May 4, 2022 (the “Employment Agreement”) and notwithstanding Section 11.3 of the Plan, which shall not apply to this Agreement, upon termination of the Participant’s Service for any other reason or no reason, any then unvested Restricted Stock Units will be forfeited immediately, automatically and without 

   

   

  

   

   

  consideration.  If the Participant breaches and if such breach is capable of being cured in all material respects, fails to cure in all material respects, Section 5, 6 or 7 of the Employment Agreement, any vested or unvested Restricted Stock Units will be forfeited immediately, automatically and without consideration. 

   

  3.Payment

   

  (a)Settlement. The Company shall deliver to the Participant within thirty (30) days following each Vesting Date or the vesting date under Section 11 of the Employment Agreement, as applicable, a number of shares of Common Stock equal to the number of Restricted Stock Units that vested or otherwise became issuable on such date. No fractional shares of Common Stock shall be delivered, but shall be delayed until a full share has vested. The Company may deliver such shares either through book entry accounts held by, or in the name of, the Participant or cause to be issued a certificate or certificates representing the number of shares to be issued in respect of the Restricted Stock Units, registered in the name of the Participant.

   

  (b)Withholding Requirements. Unless the Company and the Participant otherwise agree, the Company shall deduct or withhold from any shares of Common Stock deliverable under this Agreement amounts necessary to satisfy all federal, state and local taxes required to be withheld in connection with the settlement of the Restricted Stock Units.   In addition, to the extent permitted by the Committee in its sole discretion, subject to Section 16 of the Exchange Act, withholding may be satisfied through an open-market, broker-assisted sales transaction pursuant to which the Company is promptly delivered the amount of proceeds necessary to satisfy the withholding amount, which shall be subject to any terms and conditions imposed by the Committee.  The Company and the Participant may also agree to satisfy some or all of any applicable tax withholding obligations by any means allowable under Section 14 of the Plan. 

   

  4.Non-Disclosure and Non-Use of the Company’s Trade Secrets or Confidential Information

   

  (a)At all times during and following Participant’s Service, Participant agrees that he or she will not, either directly or indirectly, and Participant will not permit any 

  2

   

   

   

  

   

   

  Covered Entity which is Controlled by Participant to, either directly or indirectly, (i) divulge, use, disclose (in any way or in any manner, including by posting on the Internet), reproduce, distribute, or reverse engineer or otherwise provide the Company’s Trade Secrets or Confidential Information to any person, firm, corporation, reporter, author, producer or similar person or entity; (ii) take any action that would make available Trade Secrets or Confidential Information to the general public in any form; (iii) take any action that uses Trade Secrets or Confidential Information to solicit any client or prospective client of the Company; or (iv) take any action that uses Trade Secrets or Confidential Information for solicitation or marketing for any service or product or on Participant’s behalf or on behalf of any entity other than the Company with which Participant may become associated, except (i) as required in connection with the performance of such Participant’s duties to the Company, (ii) as required to be included in any report, statement or testimony requested by any municipal, state or national regulatory body having jurisdiction over Participant or any Covered Entity which is Controlled by Participant, (iii) as required in response to any summons or subpoena or in connection with any litigation, (iv) to the extent necessary in order to comply with any law, order, regulation, ruling or governmental request applicable to Participant or any Covered Entity which is Controlled by Participant, (v) as required in connection with an audit by any taxing authority, or (vi) as permitted by the express written consent of the Board. In the event that Participant or any such Covered Entity which is Controlled by Participant is required to disclose Trade Secrets or Confidential Information pursuant to the foregoing exceptions, Participant shall promptly notify the Company of such pending disclosure and assist the Company (at the Company’s expense) in seeking a protective order or in objecting to such request, summons or subpoena with regard to the Trade Secrets or Confidential Information. If the Company does not obtain such relief after a period that is reasonable under the circumstances, Participant (or such Covered Entity) may disclose that portion of the Trade Secrets or Confidential Information which counsel to such party advises such party that they are legally compelled to disclose. In such cases, Participant shall promptly provide the Company with a copy of the Trade Secrets or Confidential Information so disclosed. This provision applies without limitation to unauthorized use of Trade Secrets or Confidential Information in any medium, writings of any kind containing such information or materials, including books, and articles, blogs, websites, or writings of any other kind, or film, videotape, or audiotape. If, and only if, the controlling state law applicable to Participant requires a time limit to be placed on restrictions concerning the post-employment use of Confidential Information for the restriction to be enforceable, then this restriction on Participant’s use of Confidential Information that is not a Trade Secret will expire two (2) years after Participant’s employment or other association with the Company ends. This time limit will not apply to Confidential Information that qualifies as a Trade Secret. The Company’s trade secrets will remain protected for as long as they qualify as trade secrets under applicable law. 

   

  3

   

   

   

  

   

   

  (b)Notwithstanding Participant’s confidentiality obligations set forth in this Section 4, Participant understands that, pursuant to the Defend Trade Secrets Act of 2016, Participant shall not be held criminally or civilly liable under any Federal or State trade secret law for the disclosure of a Trade Secret that: (i) is made (x) in confidence to a Federal, State, or local government official, either directly or indirectly, or to an attorney; and (y) solely for the purpose of reporting or investigating a suspected violation of law; or (ii) is made in a complaint or other document filed in a lawsuit or other proceeding, if such filing is made under seal. Participant understands that in the event it is determined that disclosure of the Trade Secrets of the Company or any of its Subsidiaries or Affiliates was not done in good faith pursuant to the above, Participant shall be subject to substantial damages under federal criminal and civil law, including punitive damages and attorneys’ fees.

   

  (c)Notwithstanding anything to the contrary contained herein, nothing in this Agreement shall limit or interfere with Participant’s right, without notice to or authorization of the Company, to communicate and cooperate in good faith with a Government Agency for the purpose of (i) reporting a possible violation of any U.S. federal, state, or local law or regulation, (ii) participating in any investigation or proceeding that may be conducted or managed by any Government Agency, including by providing documents or other information, or (iii) filing a charge or complaint with a Government Agency. For purposes of this Agreement, “Government Agency” means the Equal Employment Opportunity Commission, the National Labor Relations Board, the Occupational Safety and Health Administration, the U.S. Securities and Exchange Commission, the Financial Industry Regulatory Authority, or any other self-regulatory organization or any other federal, state or local governmental agency or commission.

   

  (d)Notwithstanding the preceding provisions of this Section 4, the terms of Section 5 of the Employment Agreement shall apply for purposes of the Participant’s obligations regarding the use or disclosure of the Company’s confidential information and trade secrets.

   

  5.Non-Competition and Non-Solicitation. During the term of Participant’s Service and for 12 months following the termination of Participant’s Service (the “Restricted Period”):

   

  (a)Participant will not, directly or indirectly, individually or as a consultant to, or an Participant, officer, director, manager, stockholder, partner, member or other owner or participant in any business entity (including, without limitation, any competitor 

  4

   

   

   

  

   

   

  of the Company), other than the Company, engage in or assist any other person or entity to engage in any business which competes with any business in which the Company is engaging or the actual or demonstrably anticipated research or development of the Company (a “Competing Business”), during the Participant’s employment, anywhere in the United States or anywhere else in the world where the Company does business or plans to do business or is considering doing business  Notwithstanding the foregoing, the Participant’s (x) discretionary ownership of less than three percent (3%) and (y) non-discretionary (for example through a mutual fund or other investment vehicle not controlled by Participant) ownership of the outstanding stock of any publicly-traded corporation shall not be deemed a violation of this Section 5(a);

   

  (b)the Participant will not, directly or indirectly, individually or as a consultant to, or an Participant, officer, director, manager, stockholder, partner, member or other owner or participant in any business entity solicit or endeavor to entice away from the Company, endeavor to reduce the amount of business conducted with the Company by or otherwise interfere with the business relationship of the Company with any person or entity who is, or was within the one-year period immediately prior thereto, a customer or client of, supplier, vendor or service provider to, or other party having business relations with the Company; and

   

  (c)the Participant will not, directly or indirectly, individually or as a consultant to, or an Participant, officer, director, manager, stockholder, partner, member or other owner or participant in any business entity solicit or endeavor to entice away from the Company, or offer employment or any consulting arrangement to, or otherwise interfere with the business relationship of the Company with any person or entity who is, or was within the one-year period immediately prior thereto, employed by, associated with or a consultant to the Company.

   

  (d)Notwithstanding the preceding provisions of this Section 5, the terms of Sections 6 and 7 of the Employment Agreement shall apply for purposes of the Participant’s obligations regarding non-competition and non-solicitation.

   

  6.Enforcement; Remedies. Participant acknowledges that Participant’s expertise in the business of the Company is of a special and unique character which gives this expertise a particular value, and that a breach of Sections 4 or 5 by Participant will cause serious and potentially irreparable harm to the Company. Participant therefore acknowledges that a breach of Sections 4 or 5 by Participant cannot be adequately compensated in an action for damages at law, and equitable relief would be necessary to protect the Company from a violation of this Agreement 

  5

   

   

   

  

   

   

  and from the harm which this Agreement is intended to prevent. By reason thereof, Participant acknowledges that the Company is entitled, in addition to any other remedies it may have under this Agreement or otherwise, to preliminary and permanent injunctive and other equitable relief to prevent or curtail any breach of this Agreement. Participant acknowledges, however, that no specification in this Agreement of a specific legal or equitable remedy may be construed as a waiver of or prohibition against the Company pursuing other legal or equitable remedies in the event of a breach of this Agreement by Participant. For purposes of Sections 4 and 5, “Company” shall specifically include the Company and its direct and indirect parent entities, subsidiaries, successors and assigns. If Participant fails to comply with a restriction in this Agreement that applies for a limited period of time after employment, the time period for that restriction will be extended by the greater of either: one day for each day Participant is found to have violated the restriction, or the length of the legal proceeding necessary to secure enforcement of the restriction; provided, however, that this extension of time shall be capped so that the extension of time does not exceed two years from the date their employment ended, and if this extension would make the restriction unenforceable under applicable law it will not be applied (“Fairness Extension”). If Participant resides or works in Massachusetts, the Fairness Extension will only apply to the restrictions in Section 5(b) and (c) and will only apply to the non-competition restriction in Section 5(a) if Participant breaches their fiduciary duty and/or has unlawfully taken, physically or electronically, any Company records.  Notwithstanding the foregoing, the terms of Section 8 of the Employment Agreement shall apply.

   

  7.Definitions.   To the extent used expressly in this Agreement, the following definitions shall apply.  To the extent the same term is defined in the Employment Agreement, the term as defined in the Employment Agreement shall apply.

   

  (a)“Confidential Information” means any data or information, without regard to form, other than Trade Secrets, that is valuable to the Company and is not generally known by the public. To the extent consistent with the foregoing, Trade Secrets or Confidential Information includes, but is not limited to: (i) the names, addresses, phone numbers, accounts, financial information, and other information concerning patients, referral sources, payors (employers, managed care organizations, workers compensation insurers, and other types of payors) and other clients of the Company; (ii) non-public information and materials describing or relating to the Company’s business or financial affairs, including but not limited to financial and/or investment performance information, personnel matters, products, operating procedures, organizational responsibilities, marketing matters, or policies or procedures of the Company; or (iii) information and materials describing the Company’s existing or new products and services, including analytical data and techniques, and product, service or marketing concepts under development at or for the Company, and the status of such development. Trade Secrets or Confidential Information does not include information that, other than as a result of a breach by Participant of this Agreement, (x) is or becomes generally known within the relevant industry, or (y) 

  6

   

   

   

  

   

   

  is or becomes known to Participant other than through Participant’s work for the Company, or (z) is or becomes generally available to the public.

   

  (b)“Control” means (i) in the case of a corporate entity, direct or indirect ownership of at least fifty percent (50%) of the stock or securities entitled to vote for the election of directors; and (ii) in the case of a non-corporate entity (such as a limited liability company, partnership or limited partnership), either (x) direct or indirect ownership of at least fifty percent (50%) of the equity interests in such entity, or (y) the power to direct the management and policies of such entity.

   

  (c)“Covered Entity” means every Affiliate of Participant, and every business, association, trust, corporation, partnership, limited liability company, proprietorship or other entity in which Participant has an investment (whether through debt or equity securities), or maintains any capital contribution or made any outstanding advances to, or in which any Affiliate of Participant has an ownership interest or profit sharing percentage, or a firm from which Participant or any Affiliate of Participant receives or is entitled to receive income, compensation or consulting fees in which Participant or any Affiliate of Participant has an interest as a lender (other than solely as a trade creditor for the sale of goods or provision of services that do not otherwise violate the provisions of this Agreement). The agreements of Participant contained herein specifically apply to each entity which is presently a Covered Entity (so long as it remains a Covered Entity) or which becomes a Covered Entity subsequent to the date of this Agreement.

   

  (d)“Trade Secrets” means information, without regard to form, including, but not limited to, technical or nontechnical data, a formula, a pattern, a compilation, a program, a device, a method, a technique, a drawing, a process, a prototype, financial data, financial plans, product plans, or a list of actual or potential customers or suppliers which is not commonly known by or available to the public and which information: (i) derives economic value, actual or potential, from not being generally known to, and not being readily ascertainable by proper means by, other persons who can obtain economic value from its disclosure or use; and (ii) is the subject of efforts that are reasonable under the circumstances to maintain its secrecy. Trade Secrets also include any information or data described above that the Company obtains from another party and that the Company treats as proprietary or designates as a Trade Secrets, whether or not owned or developed by the Company.

   

  7

   

   

   

  

   

   

  8.Miscellaneous Provisions

   

  (a)Rights of a Shareholder; Dividend Equivalents. Prior to settlement of the Restricted Stock Units in shares of Common Stock, neither the Participant nor the Participant’s representative will have any rights as a shareholder of the Company with respect to any shares of Common Stock underlying the Restricted Stock Units. If cash dividends or other cash distributions are paid in respect of the shares of Common Stock underlying unvested Restricted Stock Units, then a dividend equivalent equal to the amount paid in respect of one Share shall accumulate and be paid with respect to each unvested Restricted Stock Unit at the time of settlement of the Restricted Stock Units.

   

  (b)Transfer Restrictions. The shares of Common Stock delivered hereunder will be subject to such stop transfer orders and other restrictions as the Committee may deem advisable under the Plan or the rules, regulations and other requirements of the Securities and Exchange Commission, any stock exchange upon which such shares are listed, any applicable federal or state laws and any agreement with, or policy of, the Company or the Committee to which the Participant is a party or subject, and the Committee may cause orders or designations to be placed upon the books and records of the Company’s transfer agent to make appropriate reference to such restrictions.

   

  (c)Clawback Policy.  The Participant acknowledges that the Participant is subject to the provisions of Section 12 (Forfeiture Events) and Section 14.6 (Trading Policy and Other Restrictions) of the Plan and any compensation recovery, “clawback” or similar policy adopted by the Company from time to time and/or made applicable by law including the provisions of Section 954 of the Dodd-Frank Wall Street Reform and Consumer Protection and Act and the rules, regulations and requirements adopted thereunder by the Securities and Exchange Commission and/or any national securities exchange on which the Company’s equity securities may be listed. 

   

  (d)Adjustments. In the event of any change with respect to the outstanding shares of Common Stock contemplated by Section 4.5 of the Plan, the Restricted Stock Units shall be adjusted in accordance with Section 4.5 of the Plan. 

   

  8

   

   

   

  

   

   

  (e)No Right to Continued Service.  Nothing in this Agreement or the Plan confers upon the Participant any right to continue in Service for any period of specific duration or interfere with or otherwise restrict in any way the rights of the Company (or any Subsidiary retaining the Participant) or of the Participant, which rights are hereby expressly reserved by each, to terminate his or her Service at any time and for any reason, with or without cause, subject to compliance with the terms of the Employment Agreement.

   

  (f)Successors and Assigns.  The provisions of this Agreement will inure to the benefit of, and be binding upon, the Company and its successors and assigns and upon the Participant, the Participant’s executor, personal representative(s), distributees, administrator, permitted transferees, permitted assignees, beneficiaries, and legatee(s), as applicable, whether or not any such person will have become a party to this Agreement and have agreed in writing to be joined herein and be bound by the terms hereof.

  (g)Severability.  The provisions of this Agreement are severable, and if any one or more provisions are determined to be illegal or otherwise unenforceable, in whole or in part, then the remaining provisions will nevertheless be binding and enforceable.

  (h)Amendment.  Except as otherwise provided in the Plan, this Agreement will not be amended unless the amendment is agreed to in writing by both the Participant and the Company.

  (i)Choice of Law; Jurisdiction.  This Agreement and all claims, causes of action or proceedings (whether in contract, in tort, at law or otherwise) that may be based upon, arise out of or relate to this Agreement will be governed by the internal laws of the State of Delaware, excluding any conflicts or choice-of-law rule or principle that might otherwise refer construction or interpretation of this Agreement to the substantive law of another jurisdiction. This Section 8(i) shall not apply to employees residing in Massachusetts.

  (j)Other Restrictive Covenants.  Notwithstanding any other language in this Agreement, this Agreement does not supersede, and shall not preclude the enforceability of (in addition to enforcement of this Agreement), any restrictive covenant provision contained in any prior or subsequent agreement entered into by the Participant, nor shall any subsequent agreement entered into by the Participant be construed or interpreted as amending, superseding, overriding, or otherwise precluding the enforceability of the restrictive covenants contained herein (including in Sections 4 and 5) unless such subsequent agreement specifically references the applicable covenant in this Agreement and expressly states that such covenant shall be superseded. 

  9

   

   

   

  

   

   

  (k)Signature in Counterparts. This Agreement may be signed in counterparts, manually or electronically, each of which will be an original, with the same effect as if the signatures to each were upon the same instrument.

  (l)Electronic Delivery.  The Company may, in its sole discretion, decide to deliver any documents related to any Awards granted under the Plan by electronic means or to request the Participant’s consent to participate in the Plan by electronic means.  The Participant hereby consents to receive such documents by electronic delivery and to agree to participate in the Plan through an on-line or electronic system established and maintained by the Company or another third party designated by the Company.  

  (m)Acceptance.  The Participant hereby acknowledges receipt of a copy of the Plan and this Agreement.  The Participant has read and understands the terms and provisions of the Plan and this Agreement, and accepts the Restricted Stock Units subject to all of the terms and conditions of the Plan and this Agreement.  In the event of a conflict between any term or provision contained in this Agreement and a term or provision of the Plan, the applicable term and provision of the Plan will govern and prevail. The Participant understands they have a right to consult with counsel and have been afforded the opportunity to consult with an attorney to the extent they wish to do so.

  [Signature page follows.]

   

  10

   

   

   

  

   

  	IN WITNESS WHEREOF, the Company and the Participant have executed this Restricted Stock Unit Award Agreement as of the dates set forth below. 

   

  PARTICIPANT				DEFINITIVE HEALTHCARE CORP.

   

   

  ______________________________	By: ______________________________

  Date: _________________________		Date: _________________________	____

   

   

   

  [Signature Page – Restricted Stock Unit Award Agreement]

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