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Exhibit 10.50    
    

[Rupee
Graphic] 

AGREEMENT  

This
agreement entered into at Chennai this 28th April 2004 between M/s Elnet Technologies Ltd, a company incorporated under
provisions of the Companies Act, its sole and main objects of letting out space with high tech infrastructural facilities for software developers, having its registered office at TS 140, Block
2 & 9, Elnet Software City, CPT Road, Taramani, Chennai—113 and hereinafter referred to as the First Party. 

AND 

M/s
At Road India Pvt Ltd a company incorporated under provisions of the Companies Act, having its registered office at Elnet Software City, IV Floor, TS 140, Block 2&9, CPT Road, Taramani,
Chennai—113 hereinafter referred to as Second Party. The terms First Party and Second Party wherever it occurs, the term shall mean and include its successors in office and assigns
WITNESSETH AS FOLLOWS:— 

WHEREAS
the First Party is the owner of Elnet Software City, at Taramani. 

WHEREAS
the Second Party approached the First Party and offered to take the facilities relating to one Module no. 32-A consisting of 2700 sq. ft. 

WHEREAS
the duration of the agreement has been agreed for 3 yrs from 1st May 2004. 

WHEREAS
the First Party have agreed to commence the service of the facilities by providing the required space. 

WHEREAS
after due negotiations, the First Party and the Second Party have agreed to the following terms and conditions.   

	

 	
 	

 
	For ELNET TECHONOLGIES LTD.	 	For At Road Software India Private Limited
	

/s/  UNNAMALAI THIAGARAJAN      	
 	

/s/  KRISH PANU      
	Unnamalai Thiagarajan	 	Krish Panu
	Managing Director	 	Director

[Rupee Graphic]

	1.
	The
First Party hereby agree to grant permission for the use of 2700 sq. ft. at Rs. 41/- per sq. ft. per month as compensation in the III floor of Software Block situated at Elnet
Software City at Taramani with the following high tech infrastructural facilities.

	a.
	Uninterrupted
power supply (UPS)—15 KVA

	b.
	Air
conditioning—17.50 TR

	c.
	Adequate
Diesel Generator backup

	d.
	Water
supply

	e.
	Maintenance
of common area

	f.
	Security
arrangements for the software city

	2.
	The
First Party agreed to rectify any disruption of uninterrupted power supply except disruption due to natural calamities and force majeure.

	3.
	The
Second Party is entitled to use the high tech infrastructure to carry on software development and any other connected activities.

	4.
	The
Second Party shall compensate the First Party during the first year of this agreement with an amount of Rs. 1,10,700/- per month at a rate of Rs. 41/- per sq. ft., for the module
of 2700 sq. ft. and the said sum of Rs. 1,10,700/- shall be paid by the Second Party to the First Party before the 5thof every succeeding English Calendar month. Incase of default of
compensation on the due dates, 1.5% p.m. on the outstanding arrears shall be compensated by Second Party till the date of clearing the arrears in full.

	5.
	Apart
from the compensation payable, the electricity charges for the energy received from TNEB and generator set shall be compensated by the Second Party for the actual consumption
before 30th of every month (which is at present at Rs. 6.50 per unit and Rs. 10.75 per unit respectively for TNEB supply and generated power supply. These rates are revisable in
accordance with the revision of rates by the State Electricity Board and on account of change in generating cost.)   

	

 	
 	

 
	For ELNET TECHONOLGIES LTD.	 	For At Road Software India Private Limited
	

/s/  UNNAMALAI THIAGARAJAN      	
 	

/s/  KRISH PANU      
	Unnamalai Thiagarajan	 	Krish Panu
	Managing Director	 	Director

	6.
	In
addition to the compensation and electricity charges as show in para 4 and 5 above, the Second Party shall also pay their share of common utility charges (such as common area
lightings, maintenance of elevators, etc.) every month on receipt of bills from the First Party.

	7.
	The
deposit of Rs. 6,64,200/- (6 months compensation) is to be paid by the Second Party to the First Party as interest free deposit. The deposit is refundable on termination of
this indenture, after adjusting arrears of electricity charges, compensation and any other dues.

	8.
	The
Second Party shall not be entitled to assign the benefit of the facilities in the said premises either in whole or in part to any other party.

	9.
	The
Second Party shall use the facilities for the purpose of its business as aforesaid and shall not store in the area any combustible or inflammable or dangerous materials and shall
not carry on any business of illegal nature in the premises.

	10.
	The
compensation is subject to an escalation of 5% from the beginning of the second year i.e. from the beginning of 13th Month. The escalation will be at the rate of 5%
every year on the enhanced compensation rate till the expiry of this agreement.

	11.
	The
Second Party will bear the cost of breakage/damage other than those relating to normal wear and tear during the period of the lease.

	12.
	Any
amendment incorporating changes, if any, from time to time shall be given effect on mutual consent.

	13.
	If
the First Party finds that the Second Party has violated any of the terms and conditions, the First Party will have the right to discontinue the services being provided by them
without any notice.

	14.
	The
Second Party has the liberty to terminate this agreement by giving 3 months notice and on termination of the agreement all facilities provided by the First Party shall be
withdrawn. The First Party has the liberty to terminate this agreement by giving 3 months notice. However, in case of continuous default in payment for a period of 3 months or more by
the Second Party, the First Party reserves the right to terminate this agreement by giving a shorter notice of one month.

	15.
	The
First Party and Second Party hereby agree that all costs and expenses incidental to the preparation, execution, registration of this deed shall be payable by the Second Party.
Other than taxes and levies in respective of Software City, all other taxes and levies in respect of the business carried on by the Second Party will be borne wholly by the Second Party.

	16.
	The
Second Party would arrange insurance cover and fire protection for the equipments placed by them on its own.

	17.
	The
First Party hereby covenants to give the use of the area of 2700 sq. ft. module no. 32-A, on the III floor of Software block, Elnet Software City, Taramani,
Chennai as stated in item no. 1 above.   

	

 	
 	

 
	For ELNET TECHONOLGIES LTD.	 	For At Road Software India Private Limited
	

/s/  UNNAMALAI THIAGARAJAN      	
 	

/s/  KRISH PANU      
	Unnamalai Thiagarajan	 	Krish Panu
	Managing Director	 	Director

	18.
	The
First Party and Second Party agree that the agreement shall be further renewable or otherwise at mutually agreed terms and conditions at the time of expiry of this agreement.

	19.
	All
disputes will be subject to the Jurisdiction of the Competent Court in Chennai. 

SCHEDULE  

        Area to be under the control of Second Party is 2700 sq. ft. module in III floor of Software Block of Elnet Software City, Taramani, Chennai. 

        IN
WITNESS WHEREOF THE FIRST PARTY AND SECOND PARTY have set their hands and signatures on the day, month and year first written above. 

WITNESS  

	

 	
 	

 	
 	

FIRST PARTY
	1.	 	/s/  R. RADHAKRISHNAN      	 	For ELNET TECHNOLOGIES LTD.
	

 	
 	

R. Radhakrishnan	
 	

/s/  UNNAMALAI THIAGARARAJAN      
	 	 	At Road India	 	UNNAMALAI THIAGARAJAN
	 	 	 	 	Managing Director
	

 	
 	

 	
 	

SECOND PARTY
	2.	 	/s/  S. RAMESA      	 	For At Road Software India Private Limited
	

 	
 	

S. Ramesa	
 	

/s/  KRISH PANU      
	 	 	Elnet Technologies Ltd	 	Krish Panu
	 	 	Chennai -113	 	Director

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Exhibit 10.50QuickLinks
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Exhibit 10.51    
    

@ROAD, INC.

CHANGE
OF CONTROL AGREEMENT 

        This
Change of Control Agreement (the "Agreement") is made and entered into effective as of March 14, 2005 by and between [Name] ("Employee") and
@Road, Inc., a Delaware corporation (the "Company"). 

RECITALS

        A.    It
is expected that another company or other entity may from time to time consider the possibility of acquiring the Company or that a change in control may otherwise
occur, with or without the approval of the Company's Board of Directors (the "Board"). The Board recognizes that such consideration can be a distraction to Employee, and can cause him or her to
consider alternative opportunities. The Board has determined that it is in the best interests of the Company and its shareholders to assure that the Company will have the continued dedication and
objectivity of Employee, notwithstanding the possibility, threat or occurrence of a Change of Control (as defined below) of the Company. 

        B.    To
accomplish the foregoing objectives, the Board of Directors has directed the Company, upon execution of this Agreement by Employee, to agree to the terms provided in
this Agreement. 

        C.    Certain
capitalized terms used in the Agreement are defined in Section 2 below. 

        In
consideration of the mutual covenants contained in this Agreement, the parties agree as follows: 

        1.     Change of Control.    In the event of a (i) Change of Control (as defined below) and (ii) an
Involuntary Termination (as defined below) within one year of the effective date of the Change of Control and Employee has been employed by the Company for (a) less than one year prior to the
effective date of the Change of Control, the vesting of any stock option or restricted stock then held by Employee shall automatically be accelerated as though Employee maintained his employment or
consulting relationship with the Company for a period of 12 months following the effective date of the Involuntary Termination or (b) at least one year prior to the effective date of the
Change of Control, the vesting of any stock option or restricted stock then held by Employee shall automatically be accelerated as though Employee maintained his employment or consulting relationship
with the Company for a period of 24 months following the effective date of the Involuntary Termination. In the case of options, each such option shall be exercisable in accordance with the
provisions of the option agreement and plan pursuant to which such option was granted. 

        2.     Definition of Terms.

        (a)   "Change of Control" shall mean a merger or consolidation of the Company whether or not approved by the Board of Directors
of the Company, other than a merger or consolidation which would result in the voting securities of the Company outstanding immediately prior thereto continuing to represent (either by remaining
outstanding or by being converted into voting securities of the surviving entity) at least fifty percent (50%) of the total voting power represented by the voting securities of the Company or such
surviving entity outstanding immediately after such merger or consolidation, or the shareholders of the Company approve a plan of complete liquidation of the Company or an agreement for the sale or
disposition by the Company of all or substantially all of the Company's assets. 

        (b)   "Involuntary Termination" shall mean (i) any termination of Employee's employment or consulting relationship with
the Company (or its successor entity upon a Change of Control) other than for Cause, or (ii) Employee's voluntary termination, upon 30 days prior written notice to the Company, following
(A) a material reduction or change in job duties, responsibilities and requirements from the Employee's duties, responsibilities and requirements prior to the Change of 

 

Control,
(B) any reduction of the Employee's total compensation; or (C) the Employee's refusal to relocate to a location more than 50 miles from the Company's current location. 

        (c)   "Cause" shall mean (i) gross negligence or willful misconduct in the performance of the Employee's duties to the
Company where such gross negligence or willful misconduct has resulted or is likely to result in substantial and material damage to the Company or its subsidiaries, or (ii) repeated unexplained
or unjustified absence from the Company, or (iii) a material and willful violation of any federal or state law; (iv) commission of any act of fraud with respect to the Company; or
(v) conviction of a felony or a crime involving moral turpitude causing material harm to the standing and reputation of the Company, in each case as determined in good faith by the Board of
Directors of the Company. 

        3.     Successors.    Any successor to the Company (whether direct or indirect and whether by purchase, lease, merger,
consolidation, liquidation or otherwise) to all or substantially all of the Company's business and/or assets shall assume the obligations under this Agreement and agree expressly to perform the
obligations under this Agreement in the same manner and to the same extent as the Company would be required to perform such obligations in the absence of a succession. The terms of this Agreement and
all of Employee's rights hereunder shall inure to the benefit of, and be enforceable by, Employee's personal or legal affiliates, representatives, executors, administrators, successors, heirs,
distributees, devisees and legatees. 

        4.     Notice.    Notices and all other communications contemplated by this Agreement shall be in writing and shall be
deemed to have been duly given when personally delivered or when mailed by U.S. registered or certified mail, return receipt requested and postage prepaid. Mailed notices to Employee shall be
addressed to Employee at the home address which Employee most recently communicated to the Company in writing. In the case of the Company, mailed notices shall be addressed to its corporate
headquarters, and all notices shall be directed to the attention of its Legal Counsel. 

        5.     Miscellaneous Provisions.

        (a)   No Duty to Mitigate.    Neither Employee nor any affiliate of Employee shall be required to mitigate the amount
of any payment contemplated by this Agreement, nor, except as otherwise provided in this Agreement, shall any such payment be reduced by any earnings that Employee may receive from any other source. 

        (b)   Waiver.    No provision of this Agreement shall be modified, waived or discharged unless the modification,
waiver or discharge is agreed to in writing and signed by Employee and by an authorized officer of the Company (other than Employee). No waiver by either party of any breach of, or of compliance with,
any condition or provision of this Agreement by the other party shall be considered a waiver of any other condition or provision or of the same condition or provision at another time. 

        (c)   Whole Agreement.    No agreements, representations or understandings (whether oral or written and whether
express or implied) which are not expressly set forth in this Agreement have been made or entered into by either party with respect to the subject matter hereof. This Agreement supersedes any
agreement of the same title and/or concerning similar subject matter dated prior to the date of this
Agreement, and by execution of this Agreement both parties agree that any such predecessor agreements shall be deemed null and void. 

        (d)   Choice of Law.    The validity, interpretation, construction and performance of this Agreement shall be
governed by the laws of the State of California without reference to conflict of laws provisions. 

        (e)   Severability.    If any term or provision of this Agreement or the application thereof to any circumstance
shall, in any jurisdiction and to any extent, be invalid or unenforceable, such term or 

2

 

provision
shall be ineffective as to such jurisdiction to the extent of such invalidity or unenforceability without invalidating or rendering unenforceable the remaining terms and provisions of this
Agreement or the application of such terms and provisions to circumstances other than those as to which it is held invalid or unenforceable, and a suitable and equitable term or provision shall be
substituted therefor to carry out, insofar as may be valid and enforceable, the intent and purpose of the invalid or unenforceable term or provision. 

        (f)    Arbitration.    Any dispute or controversy arising under or in connection with this Agreement may be settled at
the option of either party by binding arbitration in the County of Santa Clara, California, in accordance with the rules of the American Arbitration Association then in effect. Judgment may be entered
on the arbitrator's award in any court having jurisdiction. Punitive damages shall not be awarded. 

        (g)   Legal Fees and Expenses.    The parties shall each bear their own expenses, legal fees and other fees incurred
in connection with this Agreement. 

        (h)   No Assignment of Benefits.    The rights of any person to payments or benefits under this Agreement shall not
be made subject to option or assignment, either by voluntary or involuntary assignment or by operation of law, including (without limitation) bankruptcy, garnishment, attachment or other creditor's
process, and any action in violation of this subsection (h) shall be void. 

        (i)    Assignment by Company.    The Company may assign its rights under this Agreement to an affiliate, and an
affiliate may assign its rights under this Agreement to another affiliate of the Company or to the Company; provided, however, that no assignment shall be made if the net worth of the assignee is less
than the net worth of the Company at the time of assignment. 

        (j)    Counterparts.    This Agreement may be executed in counterparts, each of which shall be deemed an original, but
all of which together will constitute one and the same instrument. 

        [Signature Page Follows] 

3

 

        IN
WITNESS WHEREOF, each of the parties has executed this Change of Control Agreement, in the case of the Company by its duly authorized officer, as of the day and year first above
written. 

	
@Road, Inc.	
 	

[Name]
	

By:	
 	

 	
 	

 
	 	 	
	 	
 (Signature)
	

Title:	
 	

 	
 	

 
	 	 	
	 	 

4

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Exhibit 10.51

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