Document:

Form of Indemnification Agreement

 Exhibit 10.1 
 MULTIMEDIA GAMES, INC. 
 Indemnification Agreement 
 THIS INDEMNIFICATION AGREEMENT (this “Agreement”) is made between Multimedia Games, Inc., a Texas corporation (the “Company”), and the
“Indemnitee” named on the signature page hereto. Unless otherwise indicated, all references to Sections are to Sections in this Agreement. This Agreement is effective the date the Indemnitee first became (or becomes) an officer or
director of the Company (“Effective Date”). 
  

	1.	BACKGROUND. 

  

	1.1	The Indemnitee is (or is about to become) a director or officer of the Company. The Company regards it as essential to continue to attract and retain, as directors and officers, the
most capable persons available. 

  

	1.2	The Company and the Indemnitee recognize the increased risk of litigation and other claims being asserted against directors and officers. Depending on the nature of the litigation
or other claim in question, the Company’s directors’ and officers’ liability insurance coverage might not provide as much protection as could be desirable in a given situation. 

  

	1.3	The Company regards it as crucial to secure the continued service of competent and experienced people in senior corporate positions and to assure that they will be able to exercise
judgment without fear of personal liability so long as they fulfill the duties under Texas law, including honesty, care and good faith. Accordingly, the Company wishes to provide in this Agreement (a) for the indemnification of, and the
advancing of expenses to, the Indemnitee to the fullest extent, whether partial or complete, permitted by law and as set forth in this Agreement, and (b) to the extent insurance is maintained, for the continued coverage of Indemnitee
under the Company’s directors’ and officers’ liability insurance policies. 

  

	2.	DEFINITIONS. For purposes of this Agreement, the following terms have the meanings set forth below. 

  

	2.1	Acquiring Person means a Person referred to in Section 2.8. 

  

	2.2	Acquisition Report means a report filed by or on behalf of a stockholder or group of stockholders on Schedule 13D or Schedule 14D-1 or any successor schedule, form or report
under the Exchange Act. 

  

	2.3	Approved Law Firm means any law firm that (a) is located in the State of Texas, (b) is rated “AV” by the Martindale-Hubbell Law Directory,
and (c) has not, for a five-year period prior to the Indemnifiable Event in question, been engaged by the Company, by a Person filing an Acquisition Report, or by the Indemnitee. 

  

	2.4	Article 2.02-1 means Article 2.02-1 of the TBCA and any successor statute thereto or replacement statute thereof. 

  

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	2.5	Articles and Bylaws means the articles of incorporation of the Company and/or the bylaws of the Company, in either case as now in effect or as hereafter amended and/or
restated (including any substitute articles of incorporation and/or bylaws). 

  

	2.6	Beneficial Owner means a Person who is a beneficial owner (as defined in Rule 13d-3 or any successor rule or regulation promulgated under the Exchange Act), directly or
indirectly, of Voting Stock, of rights to acquire Voting Stock, or of securities convertible into Voting Stock, as applicable. If a Person owns rights to acquire Voting Stock, that Person’s beneficial ownership shall be determined pursuant to
paragraph (d) of Rule 13d-3 or any successor rule or regulation promulgated under the Exchange Act. 

  

	2.7	Board means the Board of Directors of the Company. 

  

	2.8	Change in Control of the Company shall be deemed to have occurred if any of the following events occurs after the Effective Date: 

  

	 	(a)	An Acquisition Report is filed with the Commission disclosing that any Person is the Beneficial Owner of 20 percent or more of the outstanding Voting Stock. The previous sentence
shall not apply if such Person is the Company, one of its subsidiaries or any employee benefit plan sponsored by either. 

  

	 	(b)	Any Person purchases securities pursuant to a tender offer or exchange offer to acquire any Voting Stock (or any securities convertible into Voting Stock) and, immediately after
consummation of that purchase, that Person is the Beneficial Owner of 20 percent or more of the outstanding Voting Stock. The previous sentence shall not apply if such Person is the Company, one of its subsidiaries, or any employee benefit plan
sponsored by either. 

  

	 	(c)	The consummation of a Merger Transaction if (a) the Company is not the surviving entity or (b) as a result of the Merger Transaction, 50 percent or less of the combined
voting power of the then-outstanding securities of the other party to the Merger Transaction, immediately after the Change of Control Date, are held in the aggregate by the holders of Voting Stock immediately prior to the Change of Control Date.

  

	 	(d)	The consummation of a Sale Transaction if as a result of the Sale Transaction, 50 percent or less of the combined voting power of the then-outstanding securities of the other party
to the Sale Transaction, immediately after the Change of Control Date, are held in the aggregate by the holders of Voting Stock immediately prior to the Change of Control Date. 

  

	 	(e)	The consummation of a transaction, immediately after which any Person would be the Beneficial Owner, directly or indirectly, of more than 50 percent of the outstanding Voting Stock.

  

	 	(f)	The stockholders of the Company approve the dissolution of the Company. 

  

	 	(g)	 During any period of 12 consecutive months, the individuals who at the beginning of that period constituted the Board of Directors shall cease to constitute a
majority of the Board of Directors. The previous sentence will not apply if the election, or the nomination for 

  

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election by the Company’s stockholders, of each director of the Company first elected during such period was approved by a vote of at least two-thirds
of the directors of the Company then still in office who were directors of the Company at the beginning of any such period. 

  

	2.9	Change of Control Date means the date of an event constituting a Change of Control. In the case of a Merger Transaction or a Sale Transaction constituting a Change of
Control, the Change of Control Date shall be the effective date of such transaction. 

  

	2.10	Claim means (a) any threatened, pending or completed action, arbitration, mediation, suit or proceeding, whether civil, criminal, administrative, arbitrative,
investigative or otherwise; (b) any appeal in such an action, suit, or proceeding; and (c) any formal or informal inquiry or investigation, whether conducted by the Company or some other party (either private, regulatory or
governmental). 

  

	2.11	Commission means the Securities and Exchange Commission or any successor agency. 

  

	2.12	Exchange Act means the Securities Exchange Act of 1934, as amended from time to time, or any successor statute. 

  

	2.13	Expense Advance – see Section 5. 

  

	2.14	Expenses shall include (a) attorneys’ fees and all other costs, expenses and obligations paid or incurred in connection with (1) investigating,
defending, prosecuting, being a witness in or participating in any Indemnifiable Claim, or (2) preparing to conduct any of the activities listed in clause (1), together with (b) interest, computed at the Company’s
average cost of funds for short-term borrowings, accrued from the date of incurrence of the items listed in subparagraph (a) to that date the Indemnitee receives reimbursement therefor. 

  

	2.15	Final Judgment means a final judgment or other final adjudication, by a court of competent jurisdiction, from which no further appeal is taken or possible.

  

	2.16	Including (in lower case), unless otherwise specified, means including but not limited to. 

  

	2.17	Indemnifiable Claim means (a) a Claim, made by a person or entity other than the Indemnitee, arising out of (in whole or in part) or relating to an Indemnifiable
Event, or (b) a Claim made by the Indemnitee pursuant to Section 4.3. 

  

	2.18	Indemnifiable Event means any event or occurrence related to: 

  

	 	(a)	the fact that the Indemnitee is or was a director, officer, employee, agent or fiduciary of the Company; or 

  

	 	(b)	 the fact that the Indemnitee is or was serving at the request of the Company as a director, officer, employee, trustee, agent or fiduciary of another corporation of
any type or kind, foreign or domestic, partnership, joint venture, limited liability company, trust, employee benefit plan or other enterprise. Without limiting any indemnification provided hereunder, if the Indemnitee serves, in any capacity,
either (i) another corporation, partnership, joint 

  

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venture, limited liability company, trust, or other enterprise of which 50% or more of the voting power or residual economic interest is held, directly or
indirectly, by the Company or (ii) any employee benefit plan of the Company or any entity referred to in clause (i) above, such service shall be deemed to be at the request of the Company; or 

  

	 	(c)	anything done or not done by the Indemnitee in any capacity described in subparagraphs (a) and (b). 

  

	2.19	Indemnity Obligations means the Company’s obligations to indemnify the Indemnitee under this Agreement or any other agreement or any provision of the Articles and Bylaws
relating to Indemnifiable Claims. 

  

	2.20	Merger Transaction means a merger, consolidation or reorganization of the Company with or into any other person or entity. 

  

	2.21	Person means a person within the meaning of Section 13(d) or Section 14(d)(2) or any successor rule or regulation promulgated under the Exchange Act.

  

	2.22	Reviewing Party means: 

  

	 	(a)	the Board acting by a majority consisting of directors who are not parties to the particular Claim with respect to which the Indemnitee is seeking indemnification
(“Disinterested Directors”) or 

  

	 	(b)	if there are no Disinterested Directors or if a majority of Disinterested Directors so directs: 

  

	 	(1)	the Board upon the opinion in writing of independent legal counsel that indemnification is proper in the circumstances because the applicable standard of conduct set forth in
Section 3 of this Agreement and/or in Article 2.02-1 of the TBCA has been met by the Indemnitee, or 

  

	 	(2)	the shareholders upon a finding that the Indemnitee has met the applicable standard of conduct referred to in clause (b)(1) of this definition. 

  

	2.23	Sale Transaction means a sale, lease, exchange or other transfer of all or substantially all the assets of the Company and its consolidated subsidiaries to any other person.

  

	2.24	TBCA means the Texas Business Corporation Act or any successor statute. A reference to a specific article of the TBCA shall encompass any corresponding renumbered or amended
article or any corresponding article of any successor statute. 

  

	2.25	Voting Stock means shares of capital stock of the Company the holders of which are entitled to vote for the election of directors, but excluding shares entitled to so vote
only upon the occurrence of a contingency unless that contingency shall have occurred. 

  

	3.	RIGHT TO INDEMNIFICATION. 

  

	3.1	 If (a) the Indemnitee was, is, becomes at any time, or is threatened to be made, (i) a party to, or (ii) a witness in, or
(iii) otherwise a participant in, an Indemnifiable Claim, then (b) subject to the 

  

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terms hereof, the Company shall indemnify the Indemnitee, to the maximum extent permitted by law, against any and all Expenses, judgments, fines (including
excise taxes assessed on an Indemnitee with respect to an employee benefit plan), penalties, and amounts paid in settlement (including all interest, assessments and other charges paid or payable in connection with, or in respect of, such Expenses,
judgments, fines, penalties or amounts paid in settlement) in respect of such Claim. 

  

	3.2	The Indemnitee shall not be entitled to indemnification, except for Expenses, pursuant to Section 3.1 if a Final Judgment, adverse to the Indemnitee, establishes that
(a) the Indemnitee’s acts were committed in bad faith or were the result of active and deliberate dishonesty and in either case, were material to the cause of action adjudicated in the Final Judgment, or (b) the
Indemnitee personally and improperly gained a material financial profit or other material benefit to which the Indemnitee was not entitled, or (c) the Indemnitee did not reasonably believe that his conduct as an officer or director was
in the best interests of the Company and such conduct was material to the cause of action adjudicated in the Final Judgment. 

  

	3.3	Prior to a Change of Control, the Indemnitee shall not be entitled to indemnification pursuant to Section 3.1 in connection with any Claim initiated by the Indemnitee against
the Company or any director or officer of the Company unless (a) the Company has joined in or consented to the initiation of such Claim, or (b) such Claim is initiated pursuant to Section 3.4. 

 

	3.4	If (a) the Indemnitee asserts a claim or brings an action for (i) indemnification or advance payment of Expenses by the Company under its Indemnity
Obligations, or (ii) a determination or challenge pursuant to Section 4.3, or (iii) recovery under any directors’ and officers’ liability insurance policies maintained by the Company, then (b) the
Company shall indemnify the Indemnitee against any and all expenses (including attorneys’ fees) that are incurred by the Indemnitee in connection with such claim or action, and such claim or action shall be an Indemnifiable Claim for all
purposes of this Agreement. 

  

	3.5	If (a) the Indemnitee is entitled under any provision of this Agreement to indemnification by the Company for some or a portion of the Expenses, judgments, fines,
penalties and amounts paid in settlement of a Claim but not, however, for all of the total amount thereof, then (b) the Company shall nevertheless indemnify the Indemnitee for the portion of such total amount to which the Indemnitee is
entitled. 

  

	3.6	Without limiting Section 3.5, if (a) one or more Indemnifiable Claims is made or occurs in respect of multiple Indemnifiable Events, and (b) as to a
particular Indemnifiable Event, the Indemnitee has been successful on the merits or otherwise in defense of any or all Indemnifiable Claims relating in whole or in part to such Indemnifiable Event, or in defense of any issue or matter related
thereto, including dismissal without prejudice, then (c) the Company shall indemnify the Indemnitee, to the maximum extent permitted by law, against all Expenses incurred in connection with such defense. 

  

	3.7	The Company’s indemnification obligations in this Section 3 shall in no event be deemed to preclude or limit any right to indemnification to which the Indemnitee may be
entitled under Article 2.02-1, the Articles and Bylaws, or any other applicable statutory, regulatory, or contractual provision. This Agreement is intended to, and shall be interpreted so as to, obligate the Company to indemnify the Indemnitee
to the maximum extent permitted by Article 2.02-1. 

  

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	4.	DETERMINATIONS OF ENTITLEMENT TO INDEMNITY 

  

	4.1	The Company’s Indemnity Obligations shall be subject to the condition that the Reviewing Party shall have, only if required by law, authorized such indemnification in the
specific case by having determined that the Indemnitee is permitted to be indemnified under the applicable standard of conduct set forth in this Agreement and/or applicable law. The Company shall promptly call a meeting of the Reviewing Party
concerning such Claim and use its best efforts to facilitate a prompt determination by the Reviewing Party with respect to such Claim. The Indemnitee shall be afforded the opportunity to make submissions to the Reviewing Party with respect to such
Claim. In making a determination with respect to entitlement to indemnification hereunder, the Reviewing Party will presume that Indemnitee is entitled to indemnification under this Agreement. Anyone seeking to overcome this presumption will have
the burden of proof and the burden of persuasion, by clear and convincing evidence. In making a determination with respect to entitlement to indemnification hereunder which under this Agreement or applicable law requires a determination of
Indemnitee’s good faith and/or whether Indemnitee acted in a manner which he or she reasonably believed to be in or not opposed to the best interests of the Company, the Reviewing Party will presume that Indemnitee has at all times acted in
good faith and in a manner he or she reasonably believed to be in or not opposed to the best interests of the Company. Anyone seeking to overcome this presumption will have the burden of proof and the burden of persuasion, by clear and convincing
evidence. 

  

	4.2	To the extent that the Reviewing Party determines that the Indemnitee is permitted to be indemnified (in whole or in part), such determination shall be conclusive and binding to
that extent on both the Company and the Indemnitee. 

  

	4.3	 If (a) there has been no determination by the Reviewing Party pursuant to Section 4.1, (b) the Reviewing Party determines pursuant to
Section 4.1 that the Indemnitee would not be permitted to be indemnified in whole or in part, or (c) indemnification payments or expense advances are not timely made hereunder, then the Indemnitee shall have the right to commence
litigation in any court in the State of Texas having subject matter jurisdiction thereof and in which venue is proper, seeking an initial determination by the court or challenging any such determination by the Reviewing Party or any aspect thereof.
The Company hereby consents to service of process and agrees to appear in any such litigation. Such litigation shall be an Indemnifiable Claim for all purposes of this Agreement. Neither the failure of the Reviewing Party to make a determination as
to whether Indemnitee has met any particular standard of conduct or had any particular belief to make such determination, nor an actual determination by the Reviewing Party that the Indemnitee has not met such standard of conduct or did not have
such belief, prior to or after the commencement of legal proceedings by Indemnitee to secure a judicial determination that Indemnitee should be indemnified under this Agreement under applicable law, will be a defense to Indemnitee’s breach of
contract claim (but may be a defense to claims other than breach of this agreement) or create a presumption that Indemnitee has not met any particular standard of conduct or did not have any particular belief. In the event that a determination is
made pursuant to Section 

  

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4.1 that Indemnitee is not entitled to indemnification, any judicial proceeding or arbitration commenced pursuant to this Section 4.3 will be conducted
in all respects as a de novo trial or arbitration, as applicable, on the merits and Indemnitee will not be prejudiced by reason of that adverse determination. In any judicial proceeding or arbitration commenced pursuant to this
Section 4.3, Indemnitee will be presumed to be entitled to indemnification under this Agreement and the Company will have the burden of proving Indemnitee is not entitled to indemnification. 

  

	4.4	In the event of a Change of Control of the Company (other than a Change of Control which has been approved by a majority of the Board who were directors immediately prior to such
Change of Control), then all determinations pursuant to Section 4.1 and Article 2.02-1 shall be made pursuant to subparagraph (F)(1), (F)(2), or (F)(3) of Article 2.02-1. With respect to all matters relating to such determinations, or
concerning the rights of the Indemnitee to indemnity payments and Expense Advances under the Indemnity Obligations (including any opinion to be rendered pursuant to Article 2.02-1), the following provisions shall apply: 

  

	 	(a)	The Company (including the Board) shall seek legal advice from, and only from (and if special legal counsel is selected under subparagraph (F)(3) of Article 2.02-1, the Board shall
select only), special, independent legal counsel selected by the Indemnitee and approved by the Company, which approval shall not be unreasonably withheld. 

  

	 	(b)	Such counsel shall not have otherwise performed services for (A) the Company or any subsidiary of the Company, (B) the Acquiring Person or any affiliate or associate of
such Acquiring Person within the last five years (other than in connection with such matters) or (C) the Indemnitee. As used in this Section 4.4, the terms “affiliate” and “associate” shall have the respective meanings
ascribed to such terms in Rule 12b-2 of the General Rules and Regulations under the Exchange Act and in effect on the date of this Agreement. 

  

	 	(c)	Unless the Indemnitee has theretofore selected counsel pursuant to this Section 4.4 and such counsel has been approved by the Company, any Approved Law Firm shall be deemed to
satisfy the requirements set forth above. 

  

	 	(d)	Such counsel, among other things, shall render its written opinion to the Company, the Board and the Indemnitee as to whether and to what extent the Indemnitee would be permitted to
be indemnified under applicable law and/or this Agreement. 

  

	 	(e)	The Company agrees to pay the reasonable fees of such counsel and to fully indemnify such counsel against any and all expenses (including attorneys’ fees), claims, liabilities
and damages arising out of or relating to this Agreement or its engagement pursuant hereto. 

  

	5.	EXPENSE ADVANCES. 

  

	5.1	If so requested by the Indemnitee from time to time, the Company shall advance within ten business days of such request any and all Expenses to the Indemnitee (an “Expense
Advance”). 

  

	5.2	If, when and to the extent that the Reviewing Party determines pursuant to Section 4 that the Indemnitee is not entitled to be indemnified against the Claim in question, then:

  

	 	(a)	the Company shall be entitled to be reimbursed by the Indemnitee for all Expense Advances previously paid; 

  

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	 	(b)	upon request by the Indemnitee, the Company may continue to make Expense Advances to the Indemnity for up to 30 days pending the commencement of legal proceedings under
Section 4.3; and 

  

	 	(c)	the Indemnitee hereby agrees and undertakes to reimburse the Company for Expense Advances to the full extent required by Section K of Article 2.02-1. 

 

	5.3	If the Indemnitee commences legal proceedings in a court of competent jurisdiction to secure a determination that the Indemnitee should be indemnified, then:

  

	 	(a)	any determination under Section 4 shall not be binding, and 

  

	 	(b)	the Company shall continue to make Expense Advances as provided in Section 5.1, and the Indemnitee shall not be required to reimburse the Company for any Expense Advance, until
the occurrence of a Final Judgment that makes a determination adverse to the Indemnitee concerning such indemnification. 

  

	6.	TIMING. The Company shall carry out its Indemnity Obligations as soon as practicable, but in any event no later than 30 days after written demand is presented to the Company.

  

	7.	NO PRESUMPTION. For purposes of this Agreement, the termination of any claim, action, suit or proceeding, whether civil or criminal, by judgment, order, settlement (whether
with or without court approval) or conviction, or upon a plea of nolo contendere or its equivalent, shall not create a presumption that the Indemnitee did not meet any particular standard of conduct or have any particular belief or that a court has
determined that indemnification is not permitted by applicable law. 

  

	8.	NONEXCLUSIVITY, ETC. The rights of the Indemnitee hereunder shall be in addition to any other rights the Indemnitee may have under the Company’s Articles and Bylaws, the
TBCA, or otherwise. To the extent that a change in the TBCA (whether by statute or judicial decision) permits greater indemnification by agreement than would be afforded currently under the Articles and Bylaws and this Agreement, it is the intent of
the parties hereto that the Indemnitee shall enjoy by this Agreement the greater benefits so afforded by such change. 

  

	9.	INSURANCE. To the extent the Company maintains an insurance policy or policies providing directors’ and officers’ liability insurance, the Indemnitee shall be
covered by such policy or policies, in accordance with its or their terms, to the maximum extent of the coverage available for any director or officer of the Company. 

  

	10.	 LIMITATION PERIOD. No legal action shall be brought and no cause of action shall be asserted by or on behalf of the Company or any affiliate of the Company
against the Indemnitee, the Indemnitee’s spouse, heirs, executors or personal or legal representatives after the expiration of two 

  

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years from the date of accrual of such cause of action. Any claim or cause of action of the Company or its affiliate shall be extinguished and deemed
released unless asserted by the timely filing of a legal action within such two year period. If any shorter period of limitations is otherwise applicable to any such cause of action, such shorter period shall govern. 

  

	11.	SUBROGATION. In the event of payment under this Agreement, the Company shall be subrogated to the extent of such payment to all of the rights of recovery of the Indemnitee,
who shall execute all papers required and shall do everything that may be necessary to secure such rights, including the execution of such documents necessary to enable the Company effectively to bring suit to enforce such rights.

  

	12.	NO DUPLICATION OF PAYMENTS. The Company shall not be liable under this Agreement to make any payment in connection with any claim made against the Indemnitee to the extent
the Indemnitee has otherwise actually received payment (under any insurance policy, under the Articles and Bylaws, otherwise) of the amounts otherwise indemnifiable hereunder. 

  

	13.	SPECIFIC PERFORMANCE. The parties recognize that if any provision of this Agreement is violated by the Company, the Indemnitee may be without an adequate remedy at law.
Accordingly, in the event of any such violation, the Indemnitee shall be entitled, if the Indemnitee so elects, to institute proceedings, either in law or at equity, to obtain damages, to enforce specific performance, to enjoin such violation or to
obtain any relief or any combination of the foregoing as the Indemnitee may elect to pursue. 

  

	14.	OTHER PROVISIONS. 

  

	14.1	This Agreement shall inure to the benefit of and be binding upon (i) the Company and its successors and assigns, including any direct or indirect successor by purchase,
merger, consolidation or otherwise to all or substantially all of the business and/or assets of the Company, and (ii) the Indemnitee and the Indemnitee’s spouse, heirs, and personal and legal representatives.

  

	14.2	All notices and statements with respect to this Agreement must be in writing and shall be delivered by certified mail return receipt requested; hand delivery with written
acknowledgment of receipt; FAX transmission with machine-printed confirmation of delivery; or overnight courier with delivery-tracking capability. Notices to the Company shall be addressed to the Company’s general counsel at the Company’s
then-current principal operating office. Notices to the Indemnitee may be delivered to the Indemnitee in person or to the Indemnitee’s then-current home address as indicated on the Indemnitee’s pay stubs or, if no address is so indicated,
as set forth in the Company’s payroll records. 

  

	14.3	This Agreement sets forth the entire agreement of the parties concerning the subjects covered herein; there are no promises, understandings, representations, or warranties of any
kind concerning those subjects except as expressly set forth in this Agreement. 

  

	14.4	Any modification of this Agreement must be in writing and signed by all parties; any attempt to modify this Agreement, orally or in writing, not executed by all parties will be
void. 

  

 PAGE 9 

	14.5	If any provision of this Agreement, or its application to anyone or under any circumstances, is adjudicated to be invalid or unenforceable in any jurisdiction, such invalidity or
unenforceability will not affect any other provision or application of this Agreement which can be given effect without the invalid or unenforceable provision or application and will not invalidate or render unenforceable such provision or
application in any other jurisdiction. 

  

	14.6	This Agreement will be governed and interpreted under the laws of the United States of America and of the State of Texas law as applied to contracts made and carried out in entirely
Texas by residents of that State. 

  

	14.7	No failure on the part of any party to enforce any provisions of this Agreement will act as a waiver of the right to enforce that provision. No waiver of any of the provisions of
this Agreement shall be deemed or shall constitute a waiver of any other provisions hereof (whether or not similar) nor shall such waiver constitute a continuing waiver. 

  

	14.8	This Agreement shall continue in effect regardless of whether the Indemnitee continues to serve as an officer, director, or employee of the Company (or at the Company’s
request, of any other enterprise). 

  

	14.9	Section headings are for convenience only and shall not define or limit the provisions of this Agreement. 

  

	14.10	This Agreement may be executed in several counterparts, each of which is an original. It shall not be necessary in making proof of this Agreement or any counterpart hereof to
produce or account for any of the other counterparts. A copy of this Agreement manually signed by one party and transmitted to the other party by FAX or in image form via email shall be deemed to have been executed and delivered by the signing party
as though an original. A photocopy of this Agreement shall be effective as an original for all purposes. 

  

	14.11	In accordance with Article 2.02-1M. of the TBCA, a provision of this Agreement to indemnify or to advance expenses to the Indemnitee upon his being named or threatened to be named a
defendant or respondent in a proceeding is valid only to the extent it is consistent with Article 2.02-1. 

 15. CONTRIBUTION BY THE
COMPANY. To the fullest extent permitted by law, if the indemnification provided for in this Agreement is unavailable to Indemnitee for any reason whatsoever, the Company, in lieu of indemnifying Indemnitee, shall contribute to the amount of
Expenses and liabilities incurred or paid by Indemnitee in connection with any Indemnifiable Claim in proportion to the relative benefits received by the Company and all officers, directors and employees of the Company other than Indemnitee who are
jointly liable with Indemnitee (or would be if joined in such Claim), on the one hand, and Indemnitee, on the other hand, from the transaction from which such Claim arose; provided, however, that the proportion determined on the basis of
relative benefit may, to the extent necessary to conform to law, be further adjusted by reference to the relative fault of the Company and all officers, directors and employees of the Company other than Indemnitee who are jointly liable with
Indemnitee (or would be if joined in such Claim), on the one hand, and Indemnitee, on the other hand, in 

  

 PAGE 10 

 
connection with the events that resulted in such Expenses and liabilities, as well as any other equitable considerations which applicable law may require to
be considered. The relative fault of the Company and all officers, directors and employees of the Company other than Indemnitee who are jointly liable with Indemnitee (or would be if joined in such Claim), on the one hand, and Indemnitee, on the
other hand, shall be determined by reference to, among other things, the degree to which their actions were motivated by intent to gain personal profit or advantage to which they are not entitled, the degree to which their liability is primary or
secondary, and the degree to which their conduct was active or passive. To the fullest extent permitted by law, the Company shall fully indemnify and hold Indemnitee harmless from any claims of contribution which may be brought by other officers,
directors or employees of the Company who may be jointly liable with Indemnitee for any liability or expense arising from an Indemnifiable Claim. 
 By
signing this Agreement, the Indemnitee acknowledges that the Indemnitee (1) has read and understood the entire Agreement; (2) has received a copy of it (3) has had the opportunity to ask questions and consult
counsel or other advisors about its terms; and (4) agrees to be bound by it. 
  

									
	 MULTIMEDIA GAMES, INC.
	 		 	INDEMNITEE
				
	By:	 	  
	 		 	  

	Name:	 	  
	 		 	[Indemnitee]
	Title:	 	  
	 		 	

  

 PAGE 11Loebig Employment Agreement

 Exhibit 10.2 
 EMPLOYMENT AGREEMENT 
 This Employment Agreement (this “Agreement”), dated
May 29, 2008, is by and between Multimedia Games, Inc., a Texas corporation (the “Company”), and Gary Loebig (“Executive”) (either party individually, a “Party”; collectively,
the “Parties”). 
 WHEREAS, Executive currently serves and has served as Executive Vice President–Sales
of the Company since December 1998 (the “Executive Vice President Position”); 
 WHEREAS, on March 31,
2008, the Board of Directors of the Company (the “Board”) appointed Executive as interim President and Chief Executive Officer of the Company (the “Interim Position”); and 
 WHEREAS, the Parties desire to enter into this Agreement in connection with Executive’s appointment to the Interim Position and to address
certain matters related to Executive’s continuing employment with the Company in the Executive Vice President Position; 
 NOW,
THEREFORE, in consideration of the foregoing and the mutual provisions contained herein, and for other good and valuable consideration, the Parties hereby agree as follows: 
 1. Executive Vice President Position; Interim Chief Executive Officer Position. 
 1.1. Executive Vice President Position. Executive is employed as Executive Vice President–Sales and shall generally have the duties and
responsibilities consistent with that position and assigned to him by the Chief Executive Officer or President of the Company (the “Board”). 
 (a) Duties. Executive shall perform faithfully and diligently all duties assigned to Executive as are consistent with the position of Executive Vice President–Sales and will report to the President and
Chief Executive Officer of the Company. 
 (b) Compensation for Service in Executive Vice President Position. 
 (i) Base Salary. As compensation for Executive’s performance of Executive’s duties in the Executive Vice President Position, the Company
shall pay to Executive a salary of $185,000 per year (the “Base Salary”), payable in equal bi-weekly installments and in accordance with the normal payroll practices of the Company, less required deductions for state and
federal withholding tax, social security and all other employment taxes and authorized payroll deductions, which amount may be increased from time to time by the Board. 
 (ii) Incentive Compensation. In connection with his service in the Executive Vice President Position, Executive shall be entitled to receive incentive compensation on an annual basis determined by the
Compensation Committee of the Board. 
 1.2. Interim Position. In addition to Executive’s duties and responsibilities in the
Executive Vice President Position, effective as of March 31, 2008, Executive hereby agrees to serve in the Interim Position until the earliest of (such earliest date, the “Interim Position Termination Date”) (i) his
resignation from the offices of Interim President and Chief Executive Officer of the Company, (ii) his death or disability, (iii) his removal from such offices, and (iv) the appointment of his successor to such office or to the
offices of President and Chief Executive Officer (without an interim qualification). 
  

 1 

 (a) Duties. While serving in the Interim Position, Executive shall generally have the duties and
responsibilities consistent with the offices of President and Chief Executive Officer and will faithfully and diligently perform all duties assigned to Executive as are consistent with the position of President and Chief Executive Officer and will
report to the Board. 
 (b) Compensation. Effective as of March 31, 2008 and ending on the Interim Position Termination Date, in
addition to any Base Salary and bonus to which Executive is entitled to or receives in the Executive Vice President Position, the Company shall pay Executive a cash bonus of $25,000.00 per month (the “Cash Bonus”). The Cash
Bonus shall be payable on a bi-weekly basis (pro-rated with respect to the last bi-weekly payment in the event the Interim Position Termination Date falls between bi-weekly payroll payment dates) in accordance with the normal payroll practices of
the Company, less required deductions for withholding tax, social security and all other applicable employment taxes. In addition, the Board in good faith shall consider whether Executive should become eligible to receive any performance or other
bonus customary to the position of President and Chief Executive Officer. 
 (c) Additional Compensation. If Executive is serving in
the Interim Position on July 29, 2008, then (i) the Company shall on such date make a lump sum cash payment of $100,000, less required deductions for withholding tax, social security and all other applicable employment taxes, to
Executive and (ii) Section 4.3 of this Agreement shall be automatically amended to delete the reference to “one-half of” in the second sentence thereof. 
 2. Additional Terms of Employment in Executive Vice President Position and the Interim Position. The following provisions shall apply during both
Executive’s employment in the Executive Vice President Position and the Interim Position: 
 2.1. Standard of Conduct/Full-time.
During the term of this Agreement, Executive will abide by all lawful policies and decisions made by the Board, as well as all applicable federal, state and local laws, regulations or ordinances, in all material respects. In this capacity as an
employee of the Company, Executive will act solely on behalf of the Company. Executive shall devote substantially all of Executive’s full business time and efforts to the performance of Executive’s assigned duties for the Company, unless
Executive notifies the Board in advance of Executive’s intent to engage in other paid work and receives the Board’s express written consent to do so. Such consent will not be withheld unreasonably. Moreover, Executive may receive
compensation for services in connection with passive investments. 
 2.2. No Conflict of Interest. Executive will not, at any time
while serving as an employee of the Company, accept any engagement for work, paid or unpaid, that at the time such engagement is undertaken creates a conflict of interest with the Company in the reasonable judgment of the Board. 
 2.3. Customary Fringe Benefits and Facilities. During the term of the Executive’s employment with the Company pursuant to this Agreement,
Executive will be eligible for all customary and usual fringe benefits generally available to executives of the Company subject to the terms and conditions of the Company’s benefit plan documents. The Company reserves the right to change or
eliminate the fringe benefits on a prospective basis, at any time, effective upon notice to Executive; provided, however, that during any period of employment under this Agreement, Executive (and his spouse and eligible dependents) shall be entitled
to receive all benefits of employment generally available to other members of the Company’s management and those benefits for which key executives are or shall become eligible, when and as Executive becomes eligible therefor, including, without
limitation, group health, life and disability insurance benefits and participation in the Company’s 401K plan. The Company shall provide Executive with term-life insurance in a policy amount equal to at least two times Executive’s Base
Salary then in effect, with any amount over $150,000 taxable to Executive. 
  

 2 

 2.4. Business Expenses. Executive will be reimbursed for all reasonable, out-of-pocket business
expenses incurred in the performance of Executive’s duties on behalf of the Company. To obtain reimbursement, expenses must be submitted promptly with appropriate supporting documentation in accordance with the Company’s policies.

 2.5. Committee Membership. Executive shall serve on the Company’s Executive Committee, when, and if, the Company has such a
committee. 
 2.6. Diamond Games Litigation. If Executive is named as a party to the Diamond Games litigation, the Company agrees to
in good faith consider an increase in salary and benefits for Executive to compensate Executive for such risk. 
 3. Term. This
Agreement will commence on the date of this Agreement (the “Effective Date”) and will automatically renew for subsequent one-year terms unless either Party provides ninety (90) days’ advance written notice to the
other that such Party does not wish to renew the Agreement for a subsequent one-year term. In the event either Party gives notice of nonrenewal pursuant to this Section 3, this Agreement will expire at the end of the then-current term (subject
to the provisions of Section 10.6). 
 4. Severance. 
 4.1. Termination for Cause by the Company. The Company may terminate Executive’s employment immediately at any time for Cause. For purposes of
this Agreement, “Cause” is defined as: (i) theft, material dishonesty, or intentional falsification of any employment or the Company records; (ii) improper and intentional disclosure of the Company’s
confidential or proprietary information that materially harms the Company; (iii) any action which has a materially detrimental effect on the Company’s reputation or business; (iv) Executive’s failure or inability to perform his
duties (other than for reasons of physical or mental incapacity), after written notice from the Company and a reasonable opportunity to cure, in accordance with the policies and decisions of the Board; (v) Executive’s conviction (including
any plea of guilty or nolo contendere) for any criminal act that materially impairs his ability to perform his duties for the Company; or (vi) a material breach of this Agreement by Executive which is not cured within thirty
(30) days of receipt by Executive of reasonably detailed written notice from the Company. 
 (a) Consequences of Termination for
Cause. In the event Executive’s employment is terminated for Cause, Executive shall be entitled to receive only unpaid Base Salary and Cash Bonus then in effect, prorated to the date of termination, together with any amounts to which
Executive is entitled pursuant to Sections 1.2(c)(i), 2.3 and 2.4 of this Agreement. All other Company obligations to Executive pursuant to this Agreement will become automatically terminated and completely extinguished. Executive will not be
entitled to receive any other payments or continued benefits described in Sections 4.2 or 4.3. 
 4.2. Termination Without Cause by
Company. The Company may terminate Executive’s employment under this Agreement without Cause at any time on thirty (30) days’ advance written notice to Executive. 
 (a) Consequences of Termination Without Cause. In the event Executive’s employment is terminated without Cause, Executive will receive:
(i) unpaid Base Salary then in effect, prorated to the date of termination, together with any amounts to which Executive is entitled pursuant to 

  

 3 

 
Sections 1.2(b), 1.2(c), 2.3 and 2.4 of this Agreement; and (ii) ratably, in equal monthly installments in accordance with the Company’s
standard payroll practice, his annual Base Salary then in effect for two (2) years from the termination date, plus continuation of Executive’s then current benefits for a period of two (2) years from the termination date, less
required deductions on all amounts described in (i) and (ii) for withholding tax, social security and all other applicable employment taxes; provided that Executive executes a full general release, releasing all claims, known or unknown,
that Executive may have against the Company arising out of or any way related to Executive’s employment or termination of employment with the Company, in substantially the form attached hereto as Exhibit A, or in another form that is
acceptable to the Company and Executive, provided that such release shall exclude amounts due or to become due to Executive as contemplated by this Agreement, any other written agreement between Executive and the Company then in effect, and any
rights to indemnification of Executive under the Company’s articles of incorporation and bylaws. All other Company obligations to Executive will be automatically terminated and completely extinguished upon termination of employment.

 4.3. Termination by Executive for Any Reason. Executive may terminate his employment with the Company for any reason at any time on
five (5) days’ advance written notice to the Company. Subject to Section 1.2(c), if Executive terminates his employment with the Company for any reason, then, (i) on the date that is six (6) months after the date of
such termination, the Company shall pay Executive an amount in cash equal to one-half of the amount of Executive’s annual Base Salary in effect at the time of such termination; (ii) Executive will promptly receive unpaid Base Salary then
in effect, prorated to the date of termination, together with any amounts to which Executive is entitled pursuant to Sections 1.2(b), 1.2(c), 2.3 and 2.4 of this Agreement; and (iii) for a period of two (2) years after the date of
such termination, the Company shall pay and provide Executive his then current benefits; provided that Executive executes a full general release, releasing all claims, known or unknown, that Executive may have against the Company arising out of or
any way related to Executive’s employment or termination of employment with the Company, in substantially the form attached hereto as Exhibit A, or in another form that is acceptable to the Company and Executive, provided that such
release shall exclude amounts due or to become due to Executive as contemplated by this Agreement, any other written agreement between Executive and the Company then in effect, and any rights to indemnification of Executive under the Company’s
articles of incorporation and bylaws. All other Company obligations to Executive will be automatically terminated and completely extinguished upon termination of employment. 
 4.4. 409A. 
 (a) Notwithstanding any
other provisions of this Agreement to the contrary, in the event that a termination of Executive’s employment does not constitute a “separation from service” from the Company within the meaning of Treasury Regulation §1.409-1(h),
the payment provided for in Sections 4.2 and 4.3 shall not begin until such time Executive has otherwise experienced such a separation from service, and the date of such separation from service shall be deemed to be his date of termination for
purposes of Sections 4.2 and 4.3. 
 (b) Notwithstanding any other provisions of this Agreement to the contrary, to the extent that the
provision of benefits provided in Sections 4.2(a)(ii) (in respect of Executive’s then current benefits) and Section 4.3(ii) above constitutes deferred compensation subject to Internal Revenue Code section 409A, all reimbursements and
in-kind benefits provided pursuant to Sections 4.2(a)(ii) (in respect of Executive’s then current benefits) and Section 4.3(ii) above shall be made in accordance with Treasury Regulation §1.409A-3(i)(1)(iv). Accordingly, (i) the
amount of expenses eligible for reimbursement or in-kind benefits provided during the Executive’s taxable year may not affect the expenses eligible for reimbursement or in-kind benefits provided in any other taxable year (except as permitted
with respect to medical reimbursement arrangements); (ii) the reimbursement of an eligible 

  

 4 

 
expense shall be made on or before the last day of the Executive’s taxable year following the taxable year in which the expense was incurred; and
(iii) the right to reimbursement or an in-kind benefit is not subject to liquidation or exchange for another benefit. 
 5.
Non-Competition. 
 (a) Consideration For Promise To Refrain From Competing. Executive agrees that Executive’s services
are special and unique, that the Company’s disclosure of confidential, proprietary information and specialized training and knowledge to Executive, and that Executive’s level of compensation and benefits, including the amount of severance
as set forth in Section 4 hereof, are partly in consideration of Executive not competing with the Company following the termination of his employment. Also, the Company promises to provide Executive, in his new role in the Interim Position,
with additional proprietary and confidential information to which Executive would not have had access as a result of his Executive Vice President Position (including without limitation information developed and presented in Board of Director
meetings). Executive acknowledges that such consideration (including without limitation the Company’s promise to provide Executive access to additional proprietary and confidential information made in this section) is adequate for
Executive’s promises contained within this Section 5. 
 (b) Promise To Refrain From Competing. Executive understands the
Company’s need for Executive’s promise not to compete with the Company is based on the following: (i) the Company has expended, and will continue to expend, substantial time, money and effort in developing its proprietary information;
(ii) Executive will in the course of Executive’s employment develop, be personally entrusted with and exposed to the Company’s proprietary information; (iii) the Company is engaged in the highly insular and competitive gaming
technology industry; (iv) the Company provides products and services nationally and internationally; and (v) the Company will suffer great loss and irreparable harm if Executive were to enter into competition with the Company. Therefore,
in exchange for the consideration described in Section 5(a) above, Executive agrees that during Executive’s employment with the Company, and for six (6) months following the effective date of the termination of Executive’s
employment with the Company for any reason (such six (6) month period to be increased to one (1) year in the event Executive becomes entitled to a full year’s base salary as severance payment pursuant to this Agreement or otherwise)
(the “Covenant Period”), Executive will not either directly or indirectly, whether as an owner, director, officer, manager, consultant, agent or employee: (i) work for or provide services or assistance to a competitor of
the Company as of the date of termination of employment, which is defined to include those entities or persons in the business of developing, marketing, selling and supporting technology to or for gaming businesses in which, as of the date of
termination of employment, the Company engages or in which the Company has an actual intention, as evidenced by the Company’s written business plans to engage, in any country in which the Company does business as of the date of termination of
employment (the “Restricted Business”); or (ii) make or hold any investment in any Restricted Business, whether such investment be by way of loan, purchase of stock or otherwise, provided that there shall be excluded
from the foregoing the ownership of not more than 1% of the listed or traded stock of any publicly held corporation. For purposes of this Section 5, the term “Company” shall mean and include the Company, any subsidiary
or affiliate of the Company, and any successor to the business of the Company (by merger, consolidation, sale of assets or stock or otherwise). 
 (c) Reasonableness of Restrictions. Executive represents and agrees that the restrictions on competition, as to time, geographic area, and scope of activity, required by this Section 5 are reasonable, do not impose a greater
restraint than is necessary to protect the goodwill and business interests of the Company, and are not unduly burdensome to Executive. Executive expressly acknowledges that the Company competes on an international basis and that the geographical
scope of these limitations is reasonable and necessary for the protection of the Company’s trade secrets and other 

  

 5 

 
confidential and proprietary information. Executive further agrees that these restrictions allow Executive an adequate number and variety of employment
alternatives, based on Executive’s varied skills and abilities. Executive represents that Executive is willing and able to compete in other employment not prohibited by this Agreement. 
 (d) Reformation if Necessary. In the event a court of competent jurisdiction determines that the geographic area, duration, or scope of activity
of any restriction under this Section 3 and its subsections is unenforceable, the restrictions under this section and its subsections shall not be terminated but shall be reformed and modified to the extent required to render them valid and
enforceable. 
 6. Nonsolicitation. 
 (a) Nonsolicitation of Customers or Prospects. Executive acknowledges that information about the Company’s customers is confidential and constitutes trade secrets. Accordingly, Executive agrees that during
Executive’s employment with the Company, and for two (2) years from the date of Executive’s termination from all positions held at the Company, Executive will not, either directly or indirectly, separately or in association with
others, interfere with, impair, disrupt or damage the Company’s relationship with any of its customers or customer prospects (as established by the Company based upon existing written books and records) as of the date of termination of
employment, by soliciting or encouraging others to solicit any of them for the purpose of diverting or taking away business from the Company. 
 (b) Nonsolicitation of the Company’s Employees. Executive agrees that during Executive’s employment with the Company, and for two (2) years from the date of Executive’s termination, Executive will not, either
directly or indirectly, solicit or encourage any of the Company’s employees or cause others to solicit or encourage any of the Company’s employees to discontinue their employment with the Company. 
 7. Confidentiality and Proprietary Rights. Executive agrees to read, sign and abide by the Company’s Employee Innovations and Proprietary
Rights Assignment Agreement, attached hereto as Exhibit B. 
 8. Injunctive Relief. Executive acknowledges that
Executive’s breach of the covenants contained in Sections 5-7 (collectively “Covenants”) would cause irreparable injury to the Company and agrees that in the event of any such breach, the Company shall be entitled
to seek temporary, preliminary and permanent injunctive relief. 
 9. Agreement to Arbitrate. To the fullest extent permitted by law,
and pursuant to the American Arbitration Association’s Rules for the Resolution of Employment Disputes, Executive and the Company agree to arbitrate any controversy, claim or dispute between them arising out of or in any way related to this
Agreement, the employment relationship between the Company and Executive and any disputes upon termination of employment, including but not limited to breach of contract, tort, discrimination, harassment, wrongful termination, demotion, discipline,
failure to accommodate, family and medical leave, compensation or benefits claims, constitutional claims; and any claims for violation of any local, state or federal law, statute, regulation or ordinance or common law. Claims for breach of the
Company’s Employee Innovations and Proprietary Rights Agreement, claims relating to physical torts, the right to workers’ compensation, and unemployment insurance benefits and the Company’s right to obtain injunctive relief pursuant
to Section 8, above are excluded, and claims for enforcement of the Parties’ rights under the Covenants, are excluded. For the purpose of this Agreement to arbitrate, references to “Company” include all parent, subsidiary or
related entities and their employees, 

  

 6 

 
supervisors, officers, directors, agents, pension or benefit plans, pension or benefit plan sponsors, fiduciaries, administrators, affiliates and all
successors and assigns of any of them, and this Agreement shall apply to them to the extent Executive’s claims arise out of or relate to their actions on behalf of the Company. 
 10. General Provisions. 
 10.1.
Successors and Assigns. Neither Party shall assign any of its or his rights or obligations under this Agreement without the prior written consent of the other Party. 
 10.2. Waiver. Either Party’s failure to enforce any provision of this Agreement shall not, unless confirmed in writing by the Party against
whom waiver is urged, in any way be construed as a waiver of any such provision in any other circumstance, or prevent that Party thereafter from enforcing each and every other provision of this Agreement. 
 10.3. Severability. In the event any provision of this Agreement is found to be unenforceable by an arbitrator or court of competent jurisdiction,
such provision shall be deemed modified to the extent necessary to allow enforceability of the provision as so limited, it being intended that the Parties shall receive the benefit contemplated herein to the fullest extent permitted by law. If a
deemed modification is not satisfactory in the judgment of such arbitrator or court, the unenforceable provision shall be deemed deleted, and the validity and enforceability of the remaining provisions shall not be affected thereby. 
 10.4. Governing Law. This Agreement will be governed by and construed in accordance with the laws of the State of Texas. Each Party consents to
the jurisdiction and venue of the state or federal courts in Travis County, Texas, if applicable, in any action, suit, or proceeding arising out of or relating to this Agreement. 
 10.5. Notices. Any notice required or permitted by this Agreement shall be in writing and shall be delivered as follows with notice deemed given
as indicated: (i) by personal delivery when delivered personally; (ii) by overnight courier upon written verification of receipt; (iii) by telecopy or facsimile transmission upon acknowledgment of receipt of electronic transmission;
or (iv) by certified or registered mail, return receipt requested, upon verification of receipt. Notice shall be sent to the addresses set forth below, or such other address as either Party may specify in writing. 
 10.6. Survival. Executive’s right to receive payments and other benefits under Sections 1.7 and 2.3 hereunder shall survive any termination
of the Interim Position. Executive’s right to receive payments contemplated by this Agreement to continue beyond his employment, shall survive termination of this Agreement and termination of Executive’s employment except to the extent
expressly provided otherwise. To the extent expressly contemplated hereunder or reasonably contemplated to continue beyond the termination of Executive’s employment, the following provisions shall also survive: Section 5
(“Non-Competition”), 6 (“Nonsolicitation”), 7 (“Confidentiality and Proprietary Rights”), 8 (“Injunctive Relief”), 9 (“Agreement to Arbitrate”), 10 (“General
Provisions”) and 11 (“Entire Agreement”). 
 10.7. Expenses. The Company shall pay for or reimburse Executive for
all reasonable legal fees and costs incurred by Executive in connection with the drafting, negotiation of this Agreement not to exceed $10,000.00 in the aggregate. 
 11. Entire Agreement. This Agreement, including the Company Employee Innovations and Proprietary Rights Assignment Agreement, constitutes the entire agreement between the Parties relating 

  

 7 

 
to this subject matter and supersedes all prior or simultaneous representations, discussions, negotiations, and agreements, whether written or oral,
including the email correspondence between the Company and the Executive, dated on or about December 5, 1998, and any agreement, commitment or objection of the Company described therein or based thereon, but excluding any equity award
agreements and the indemnification agreement entered contemporaneously with this Agreement. This Agreement may be amended or modified only with the written consent of Executive and the Company. No oral waiver, amendment or modification will be
effective under any circumstances whatsoever. 
 [The remainder of this page is intentionally left blank.] 
  

 8 

 THE PARTIES TO THIS AGREEMENT HAVE READ THE FOREGOING AGREEMENT AND FULLY UNDERSTAND EACH AND EVERY PROVISION CONTAINED
HEREIN. WHEREFORE, THE PARTIES HAVE EXECUTED THIS AGREEMENT ON THE DATES SHOWN BELOW. 
  

					
	 	 	EXECUTIVE
			
	Dated: May 29, 2008	 	By:	 	 /s/ Gary Loebig

		 	Name:	 	Gary Loebig
		
		 	COMPANY
			
	Dated: May 29, 2008	 	By:	 	 /s/ Randy Cieslewicz

		 	Name:	 	 Randy Cieslewicz

		 	Title:	 	 Chief Financial Officer

 Signature Page to Employment Agreement 
  

 S-1 

 EXHIBIT A 
 General Release 
 Executive for himself and on behalf of his attorneys, heirs, assigns, successors,
executors, and administrators IRREVOCABLY AND UNCONDITIONALLY RELEASES, ACQUITS AND FOREVER DISCHARGES Company and any current and former parent, subsidiary, affiliated and related corporations, firms, associations, partnerships, and entities, and
their successors and assigns, of and from all claims and causes of action whatsoever, whether known or unknown or whether connected with Employee’s employment by Company or not, which may have arisen, or which may arise, prior to, or at the
time of, the execution of this Agreement, including, but not limited to, any claim or cause of action arising under Title VII of the Civil Rights Act of 1964, the Americans with Disabilities Act, the Texas Commission on Human Rights Act, the Age
Discrimination in Employment Act, the Texas Labor Code, the Texas Payday Act, or any other municipal, local, state, or federal law, common or statutory. Notwithstanding the foregoing, Executive reserves all rights (A) to indemnification that he
may currently or hereafter possess as an officer, director or agent or former officer, director or agent of Company (or its affiliates) under applicable corporate statutes or the organic corporate documents of Company (and the scope of any
indemnification existing as of this date shall not be reduced as to Executive by future action of Company); (B) under any employee insurance policies or benefit programs that by their terms continue to apply to Executive; and (C) under any
other provision of this Agreement and any other written agreement between the Company and Executive in effect on the date of this Release. Company hereby represents that, without investigation or undertaking any duty of inquiry, its Board of
Directors and executive officers are unaware of any claims Company may have against Executive as of the date of this Agreement. 
  

 10 

 EXHIBIT B 
 Employee Innovations and Proprietary Rights Assignment Agreement

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