Document:

Form of Indemnification Agreement

  
 Exhibit 10.23

  
 FORM OF INDEMNIFICATION AGREEMENT 
  
 THIS INDEMNIFICATION AGREEMENT (“Agreement”) is made
as of this              day of             , 200  , by and between Kenexa Corporation, a
Pennsylvania corporation (the “Company”), and                      (“Indemnitee”). 

 
 WHEREAS, the Company and Indemnitee recognize the increasing difficulty in
obtaining directors’ and officers’ liability insurance, the significant increases in the cost of such insurance and the general reduction in the coverage of such insurance; and 
  
 WHEREAS, the Company and Indemnitee further recognize the substantial increase in corporate litigation, in general,
subjecting officers and directors to expensive litigation risks at the same time as liability insurance has been severely limited; and 
  
 WHEREAS, Indemnitee does not regard the current protection available as adequate given the present circumstances, and Indemnitee and other officers and
directors of the Company may not be willing to serve as officers and directors without adequate protection; and 
  
 WHEREAS, the Company desires to attract and retain the services of highly qualified individuals, such as Indemnitee, to serve as officers and directors of
the Company and to indemnify its officers and directors so as to provide them with the maximum protection permitted by law. 
  
 NOW, THEREFORE, the Company and Indemnitee, intending to be legally bound, hereby agree as follows: 
  
 1. Indemnification. 
  
 a. Third Party Proceedings. The Company shall
indemnify Indemnitee if Indemnitee is or was a party or is threatened to be made a party to any threatened, pending or completed action, suit or proceeding, whether civil, criminal, administrative or investigative (other than an action by or in the
right of the Company) by reason of the fact that Indemnitee is or was a director, officer, trustee, fiduciary, employee or agent of the Company, or any affiliate of the Company, by reason of any action or inaction on the part of Indemnitee while an
officer or director, or by reason of the fact that Indemnitee is or was serving at the request of the Company as a director, officer, trustee, fiduciary, employee or agent of another corporation, partnership, joint venture, trust or other
enterprise, against expenses (including attorneys’ fees), judgments, fines and amounts paid in settlement (if such settlement is approved pursuant to Section 2(f)) actually and reasonably incurred by Indemnitee in connection with such
action, suit or proceeding if Indemnitee acted in good faith and in a manner Indemnitee reasonably believed to be in or not opposed to the best interests of the Company, and, with respect to any criminal action or proceeding, had no reasonable cause
to believe Indemnitee’s conduct was unlawful. The termination of any action, suit or proceeding by judgment, order, settlement, conviction, or upon a plea of nolo contendere or its equivalent, shall not, in and of itself, create a
presumption that (i) Indemnitee did not act in good faith and in a manner which Indemnitee reasonably believed to be in or not opposed to the best interests of the Company, and, (ii) with respect to any criminal action or proceeding, Indemnitee did
not have reasonable cause to believe his conduct was lawful. 
  

 b. Proceedings By or in the Right of the Company. The Company shall indemnify
Indemnitee if Indemnitee was or is a party or is threatened to be made a party to any threatened, pending or completed action or suit by or in the right of the Company or any subsidiary of the Company to procure a judgment in its favor by reason of
the fact that Indemnitee is or was a director, officer, trustee, fiduciary, employee or agent of the Company, or any affiliate of the Company, by reason of any action or inaction on the part of Indemnitee while an officer or director or by reason of
the fact that Indemnitee is or was serving at the request of the Company as a director, officer, trustee, fiduciary, employee or agent of another corporation, partnership, joint venture, trust or other enterprise, against expenses (including
attorneys’ fees) and amounts paid in settlement (if such settlement is approved pursuant to Section 2(f)) actually and reasonably incurred by Indemnitee in connection with the defense or settlement of such action or suit if Indemnitee
acted in good faith and in a manner Indemnitee reasonably believed to be in or not opposed to the best interests of the Company, except that no indemnification shall be made in respect of any claim, issue or matter as to which Indemnitee shall have
been adjudged to be liable to the Company unless and only to the extent that the court in which such action or suit was brought shall determine upon application that, despite the adjudication of liability but in view of all the circumstances of the
case, Indemnitee is fairly and reasonably entitled to indemnity for such expenses which the court shall deem proper. 
  
 c. Mandatory Indemnification. To the extent that Indemnitee has been successful on the merits or otherwise in defense of any
action, suit or proceeding referred to in Sections 1(a) and 1(b) or in defense of any claim, issue or matter therein, Indemnitee shall be indemnified against expenses (including attorneys’ fees) actually and reasonably incurred by
Indemnitee in connection therewith. For purposes of this Section 1(c), the term “successful on the merits or otherwise” shall include, but not be limited to, (i) any termination, withdrawal, or dismissal (with or
without prejudice) of any claim, action, suit or proceeding against Indemnitee without any express finding of liability or guilt against him, or (ii) the expiration of a reasonable period of time after the making of any claim or threat of an action,
suit or proceeding without the institution of the same and without any promise or payment made to induce a settlement. 
  
 2. Expenses and Indemnification Procedure. 
  
 a. Advancement of Expenses. The Company shall advance all reasonable out-of-pocket expenses incurred by Indemnitee in connection
with the investigation, defense, settlement or appeal of any civil or criminal action, suit or proceeding referenced in Section 1(a) or Section 1(b). For purposes of any advancement hereunder, the Indemnitee shall be deemed to have
acted (i) in good faith and in a manner he reasonably believed to be in or not opposed to the best interest of the Company, and (ii) with respect to any criminal action or procedure, to have had no reasonable cause to believe his conduct was
unlawful if, under either (i) or (ii), his action is based on the records or books of account of the Company, or the records or books of account of another corporation, partnership, joint venture, trust or other enterprise (collectively, the
“other enterprises”), including financial statements, or on information supplied to him by the officers of the Company or other enterprises in the course of their duties, or on the advice of legal counsel for the Company or
other enterprises or on information or records given or reports made to the Company or other enterprises by an independent certified public accountant or by an appraiser or other expert selected with reasonable care by the Company or other
enterprises. Indemnitee hereby undertakes to repay such amounts advanced only if, and to 

  

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the extent that, it shall ultimately be determined that Indemnitee is not entitled to be indemnified by the Company as authorized hereby. 
  
 b. Notice/Cooperation by Indemnitee. Indemnitee
shall, as a condition precedent to his right to be indemnified under this Agreement, give the Company notice in writing as soon as practicable of any claim made against Indemnitee for which indemnification will or could be sought under this
Agreement. Notice to the Company shall be directed to Kenexa Corporation, 650 East Swedesford Road, Wayne, Pennsylvania 19087, Facsimile: 610.971.2435, Attention: __________________________ (or such other address as the Company may from time to time
designate in writing to Indemnitee). Notice shall be deemed received on the third business day after the date postmarked if sent by domestic certified or registered mail, properly addressed; otherwise, notice shall be deemed received when such
notice shall actually be received by the Company. In addition, Indemnitee shall give the Company such information and cooperation as it may reasonably require and as shall be within Indemnitee’s power. 
  
 c. Procedure. Any indemnification and advances
provided for in Section 1 and this Section 2 shall be made no later than 45 days after receipt of the written request of Indemnitee, coupled with appropriate documentation to support the requested payment. If a claim under this
Agreement, under any statute, or under any provision of the Company’s Articles of Incorporation or Bylaws providing for indemnification is not paid in full by the Company within 45 days after receipt of a fully documented written request for
payment thereof has first been received by the Company, Indemnitee may, but need not, at any time thereafter bring an action against the Company to recover the unpaid amount of the claim and, subject to Section 13, Indemnitee shall also be
entitled to be paid for the expenses (including attorneys’ fees) of bringing such action. It shall be a defense to any such action (other than an action brought to enforce a claim for expenses incurred in connection with any action, suit or
proceeding in advance of its final disposition) that Indemnitee has not met the standards of conduct which make it permissible under applicable law for the Company to indemnify Indemnitee for the amount claimed, but the burden of proving such
defense shall be on the Company, and Indemnitee shall be entitled to receive interim payments of expenses pursuant to Section 2(a) unless and until such defense may be finally adjudicated by court order or judgment from which no further right
of appeal exists. It is the parties’ intention that if the Company contests Indemnitee’s right to indemnification, the question of Indemnitee’s right to indemnification shall be for the court to decide, and neither the failure of the
Company (including its Board of Directors, any committee or subgroup of the Board of Directors, independent legal counsel, or its shareholders) to have made a determination that indemnification of Indemnitee is proper in the circumstances because
Indemnitee has met the applicable standard of conduct required by applicable law, nor an actual determination by the Company (including its Board of Directors, any committee or subgroup of the Board of Directors, independent legal counsel, or its
shareholders) that Indemnitee has not met such applicable standard of conduct, shall create a presumption that Indemnitee has or has not, as the case may be, met the applicable standard of conduct. 
  
 d. Notice to Insurers. If, at the time of the receipt
of a notice of claim pursuant to Section 2(b), the Company has directors’ and officers’ liability insurance in effect, the Company shall give prompt notice of the commencement of such proceeding to the insurers 

  

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in accordance with the procedures set forth in the respective policies. The Company shall thereafter take all necessary or desirable action to cause such
insurers to pay, on behalf of Indemnitee, all amounts payable as a result of such proceeding in accordance with the terms of such policies. 
  
 e. Selection of Counsel. If the Company shall be obligated under Section 1 or Section 2 to pay the expenses of any
proceeding against Indemnitee, the Company, if appropriate, shall be entitled to assume the defense of such proceeding, with counsel approved by Indemnitee, upon the delivery to Indemnitee of written notice of its election to do so. After delivery
of such notice, approval of such counsel by Indemnitee and the retention of such counsel by the Company, the Company will not be liable to Indemnitee under this Agreement for any fees of counsel subsequently incurred by Indemnitee with respect to
the same proceeding; provided that (i) Indemnitee shall have the right to employ separate counsel in any such proceeding at Indemnitee’s expense; and (ii) if (A) the employment of counsel by Indemnitee has been previously authorized by
the Company, (B) Indemnitee shall have reasonably concluded that there may be a conflict of interest between the Company and Indemnitee in the conduct of any such defense, or (C) the Company shall not, in fact, have employed counsel to assume the
defense of such proceeding, then the reasonable fees and expenses of Indemnitee’s counsel shall be at the expense of the Company. 
  
 f. Settlements. The Company shall not be liable to Indemnitee under this Agreement for any amounts paid in settlement of any action
or claim effected without its written consent. The Company shall not settle any action or claim in any manner which would impose any penalty or limitation on Indemnitee without Indemnitee’s written consent. Neither the Company nor Indemnitee
will unreasonably withhold consent to any proposed settlement. 
  
 g. Change in Control. 
  
 (1) If, at any time subsequent to the date of this Agreement, members of the Incumbent Board do not constitute a majority of the members of the Board of Directors, or there is otherwise a Change in Control, then upon
the request of Indemnitee, the Company shall cause the determination of indemnification and advances required by Section 2 to be made by a third party (mutually agreed upon by the parties or failing such agreement, as determined by the [Chief
Judge of the Federal District Court for the Eastern District of Pennsylvania]). The fees and expenses incurred by the third party in making the determination of indemnification and advances shall be borne solely by the Company. If such third party
is unwilling and/or unable to make the determination of indemnification and advances, then the Company shall cause the indemnification and advances to be made by a majority vote or consent of a Board of Directors committee consisting solely of
members of the Incumbent Board. 
  
 (2) For
purposes of this Agreement, “Change in Control” means the occurrence of any of the following events: 
  
 (a) The acquisition by any individual, entity or group (within the meaning of Section 13(d)(3) or 14(d)(2) of the Securities Exchange Act
of 1934, as amended (the “Exchange Act”)) (each, a “Person”) of beneficial ownership (within the meaning of Rule 13d-3 promulgated under the Exchange Act) of 20% or more of either (1) the then- 

  

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outstanding shares of common stock of the Company (the “Outstanding Company Common Stock”) or (2) the combined voting power of the
then-outstanding voting securities of the Company entitled to vote generally in the election of directors (the “Outstanding Company Voting Securities”); provided, however, that, for purposes of this clause
(a), the following acquisitions shall not constitute a Change in Control: (A) any acquisition directly from the Company, (B) any acquisition by the Company, (C) any acquisition by any employee benefit plan (or related trust) sponsored or
maintained by the Company or any company controlled by, controlling or under common control with the Company, or (D) any acquisition by any entity pursuant to a transaction that complies with clauses (c)(1), (c)(2) and (c)(3) of
this definition; 
  
 (b) Individuals who, as of
                    , 2005, constitute the Board of Directors (the “Incumbent Board”) cease for any reason to
constitute at least a majority of the Board of Directors; provided, however, that any individual becoming a director subsequent to            
        , 2005 whose election, or nomination for election by the Company’s shareholders, was approved by a vote of at least a majority of the directors then comprising the Incumbent Board shall be
considered as though such individual were a member of the Incumbent Board, but excluding, for this purpose, any such individual whose initial assumption of office occurs as a result of an actual or threatened election contest with respect to the
election or removal of directors or other actual or threatened solicitation of proxies or consents by or on behalf of a Person other than the Board of Directors; 
  
 (c) Consummation of a reorganization, merger, statutory share exchange or consolidation or similar
corporate transaction involving the Company or any of its subsidiaries, a sale or other disposition of all or substantially all of the assets of the Company, or the acquisition of assets or stock of another entity by the Company or any of its
subsidiaries (each, a “Business Combination”), in each case unless, following such Business Combination, (1) all or substantially all of the individuals and entities that were the beneficial owners of the Outstanding Company
Common Stock and the Outstanding Company Voting Securities immediately prior to such Business Combination beneficially own, directly or indirectly, more than 60% of the then-outstanding shares of common stock and the combined voting power of the
then-outstanding voting securities entitled to vote generally in the election of directors, as the case may be, of the corporation resulting from such Business Combination (including, without limitation, a corporation that, as a result of such
transaction, owns the Company or all or substantially all of the Company’s assets either directly or through one or more subsidiaries) in substantially the same proportions as their ownership immediately prior to such Business Combination of
the Outstanding Company Common Stock and the Outstanding Company Voting Securities, as the case may be, (2) no Person (excluding any corporation resulting from such Business Combination or any employee benefit plan (or related trust) of the Company
or such corporation resulting from such Business Combination) beneficially owns, directly or indirectly, 20% or more of, respectively, the then-outstanding shares of common stock of the corporation resulting from such Business Combination or the
combined voting power of the then-outstanding voting securities of such corporation, except to the extent that such ownership existed prior to the Business Combination, and (3) at least a majority of the members of the board of directors of the
corporation resulting from such Business Combination were members of the Incumbent Board at the time of the execution of the initial agreement or of the action of the Board of Directors providing for such Business Combination; or 
  

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 (d) Approval by the shareholders of the Company of a complete liquidation or dissolution
of the Company. 
  
 3. Additional Indemnification
Rights: 
  
 a. Scope.
Notwithstanding any other provision of this Agreement, the Company shall indemnify Indemnitee to the fullest extent permitted by law, notwithstanding that such indemnification is not specifically authorized by the other provisions of this Agreement,
the Company’s Articles of Incorporation, the Company’s Bylaws or by statute. In the event of any change, after the date of this Agreement, in any applicable law, statute, or rule which expands the right of a Pennsylvania corporation to
indemnify a member of its board of directors or an officer, such changes shall be, ipso facto, within the purview of Indemnitee’s rights and Company’s obligations under this Agreement. In the event of any change in any applicable
law, statute or rule which narrows the right of a Pennsylvania corporation to indemnify a member of its board of directors or an officer, such changes (to the extent not otherwise required by such law, statute or rule to be applied to this
Agreement) shall have no effect on this Agreement or the parties’ rights and obligations hereunder. 
  
 b. Non-exclusivity. The indemnification provided by this Agreement shall not be deemed exclusive of any rights to which an
Indemnitee may be entitled under the Company’s Articles of Incorporation, its Bylaws, any agreement, any vote of Shareholders or disinterested directors, the Pennsylvania Business Corporation Law of 1988, as amended, or otherwise, both as to
action in Indemnitee’s official capacity and as to action in another capacity while holding such office. 
  
 4. Continuation of Indemnity. All agreements and obligations of the Company contained herein shall continue during the period Indemnitee is
a director, officer, employee or agent of the Company (or is or was serving at the request of the Company as a director, officer, employee or agent of other enterprises) and shall continue thereafter, so long as Indemnitee shall be subject to any
possible claim or threatened, pending or completed action, suit or proceeding, whether civil, criminal or investigative, by reason of the fact that Indemnitee was a director, officer, employee or agent of the Company or serving in any other capacity
referred to herein. 
  
 5. Partial Indemnification.
If Indemnitee is entitled under any provision of this Agreement to indemnification by the Company for some or a portion of the expenses, judgments, fines or penalties actually or reasonably incurred by him in the investigation, defense, appeal or
settlement of any civil or criminal action, suit or proceeding, but not for the total amount thereof, the Company shall nevertheless indemnify Indemnitee for the portion of such expenses, judgments, fines or penalties to which Indemnitee is
entitled. 
  
 6. Mutual Acknowledgment. Both the
Company and Indemnitee acknowledge that, in certain instances, federal law or public policy may override applicable state law and prohibit the Company from indemnifying its directors and officers under this Agreement or otherwise. For example, the
Company and Indemnitee acknowledge that the Securities and Exchange Commission (the “SEC”) has taken the position that indemnification is not permissible for liabilities arising under certain federal securities laws, and
federal legislation prohibits 

  

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indemnification for certain ERISA violations. Indemnitee understands and acknowledges that the Company has undertaken with the SEC to submit the question of
indemnification to a court in certain circumstances for a determination of the Company’s right under public policy to indemnify Indemnitee. 
  
 7. Officer and Director Liability Insurance. The Company shall, from time to time, make the good faith determination whether or not it is
practicable for the Company to obtain and maintain a policy or policies of insurance with reputable insurance companies providing the officers and directors of the Company with coverage for losses from wrongful acts, or to ensure the Company’s
performance of its indemnification obligations under this Agreement. Among other considerations, the Company will weigh the costs of obtaining such insurance coverage against the protection afforded by such coverage. In all policies of
directors’ and officers’ liability insurance, Indemnitee shall be insured in such a manner as to provide Indemnitee the same rights and benefits as are accorded to the most favorably insured of the Company’s directors, if Indemnitee
is a director; or of the Company’s officers, if Indemnitee is not a director of the Company but is an officer; or one of the Company’s key employees, if Indemnitee is not an officer or director but is a key employee. Notwithstanding the
foregoing, the Company shall have no obligation to obtain or maintain such insurance if the Company determines in good faith that such insurance is not reasonably available, if the premium costs for such insurance are disproportionate to the amount
of coverage provided, if the coverage provided by such insurance is limited by exclusions so as to provide an insufficient benefit, or if Indemnitee is covered by similar insurance maintained by an affiliate of the Company. 
  
 8. Severability. Nothing in this Agreement is intended to
require or shall be construed as requiring the Company to do or fail to do any act in violation of applicable law. The Company’s inability, pursuant to court order, to perform its obligations under this Agreement shall not constitute a breach
of this Agreement. The provisions of this Agreement shall be severable as provided in this Section 8. If this Agreement or any portion hereof shall be invalidated on any ground by any court of competent jurisdiction, then the Company shall
nevertheless indemnify Indemnitee to the full extent permitted by any applicable portion of this Agreement that shall not have been invalidated, and the balance of this Agreement not so invalidated shall be enforceable in accordance with its terms.

  
 9. Exceptions. Any other provision herein to the
contrary notwithstanding, the Company shall not be obligated pursuant to the terms of this Agreement: 
  
 a. Claims Initiated by Indemnitee. To indemnify or advance expenses to Indemnitee with respect to proceedings or claims initiated
or brought voluntarily by Indemnitee and not by way of defense, except with respect to proceedings brought to establish or enforce a right to indemnification under this Agreement or any other statute or law or otherwise as required under the
Pennsylvania Business Corporation Act of 1988, as amended, but such indemnification or advancement of expenses may be provided by Company in specific cases if the Board of Directors, at its sole discretion, finds it to be appropriate; 
  
 b. Lack of Good Faith. To indemnify Indemnitee for
any expenses incurred by Indemnitee with respect to any proceeding instituted by Indemnitee to enforce or 

  

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interpret this Agreement, if a court of competent jurisdiction determines that each of the material assertions made by Indemnitee in such proceeding was not
made in good faith or was frivolous; 
  
 c.
Insured Claims. To indemnify Indemnitee for expenses or liabilities of any type whatsoever (including, but not limited to, judgments, fines, ERISA excise taxes or penalties, and amounts paid in settlement) which have been paid directly to
Indemnitee by an insurance carrier under a policy of officers’ and directors’ liability insurance maintained by the Company or other enterprise; 
  
 d. Claims Under Section 16(b). To indemnify Indemnitee for expenses or the payment of profits arising from the purchase and sale by
Indemnitee of securities in violation of Section 16(b) of the Exchange Act, or any similar successor statute; 
  
 e. Illegal Activity. To indemnify Indemnitee if a court of competent jurisdiction finally adjudges that such indemnification is
illegal, including, without limitation, by virtue of such indemnification being in violation of public policy or any provision of law. 
  
 10. Interpreation; Construction of Certain Phrases. 
  
 a. The headings of particular provisions of this Agreement are inserted for convenience only and will not be
construed as a part of this Agreement or serve as a limitation or expansion on the scope of any term or provision of this Agreement. The words “include,” “includes” or
“including” shall be deemed to be followed by the words “without limitation.” The words “hereof,” “herein” and “herewith” and
words of similar import shall, unless otherwise stated, be construed to refer to this Agreement as a whole and not to any particular provision of this Agreement. 
  
 b. For purposes of this Agreement: 
  
 (1) references to the “Company” shall include, in addition to the resulting
corporation, any constituent corporation (including any constituent of a constituent) absorbed in a consolidation or merger which, if its separate existence had continued, would have had power and authority to indemnify its directors, officers, and
employees or agents, so that if Indemnitee is or was a director, officer, employee or agent of such constituent corporation, or is or was serving at the request of such constituent corporation as a director, officer, employee or agent of other
enterprises, Indemnitee shall stand in the same position under the provisions of this Agreement with respect to the resulting or surviving corporation as Indemnitee would have with respect to such constituent corporation if its separate existence
had continued; 
  
 (2) references to
“other enterprises” shall include employee benefit plans; references to “fines” shall include any excise taxes assessed on Indemnitee with respect to an employee benefit plan; 
  
 (3) references to “serving at the request of the
Company” shall include any service as a director, officer, employee or agent of the Company which imposes duties on, or involves services by, Indemnitee with respect to an employee benefit plan, its participants, or beneficiaries;

  

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 (4) if Indemnitee acted in good faith and in a manner Indemnitee reasonably believed to
be in the interest of the participants and beneficiaries of an employee benefit plan, Indemnitee shall be deemed to have acted in a manner “not opposed to the best interests of the Company” as referred to in this Agreement;

  
 (5) references to
“affiliates” shall mean any entity which, directly or indirectly, is in the control of, is controlled by, or is under common control with, the Company; and 
  
 (6) references to “Sections” or “clauses” shall be to
Sections or clauses of this Agreement. 
  
 11. Counterparts;
Facsimile Signatures. This Agreement may be executed in any number of counterparts (including by facsimile signature), each of which shall be deemed to be an original and all of which together shall constitute one and the same document.

  
 12. Successors and Assigns. This Agreement shall
be binding upon and inure to the benefit of the Company and its successors and assigns, and Indemnitee and Indemnitee’s estate, heirs, legal representatives and assigns. 
  
 13. Attorneys’ Fees. If any action is instituted by Indemnitee under this Agreement to enforce or
interpret any of the terms hereof, Indemnitee shall be entitled to be paid all court costs and expenses, including reasonable attorneys’ fees, incurred by Indemnitee with respect to such action, unless as a part of such action, the court of
competent jurisdiction determines that each of the material assertions made by Indemnitee as a basis for such action was not made in good faith or was frivolous. In the event of an action instituted by or in the name of the Company under this
Agreement or to enforce or interpret any of the terms of this Agreement, Indemnitee shall be entitled to be paid all court costs and expenses, including attorneys’ fees, incurred by Indemnitee in defense of such action (including with respect
to Indemnitee’s counterclaims and cross-claims made in such action), unless as a part of such action the court determines that each of Indemnitee’s material defenses to such action was made in bad faith or was frivolous. 
  
 14. Notice. All notices, requests, demands, consents and other
communications hereunder shall be in writing and shall be given or made (and shall be deemed to have been duly given or made upon receipt) by delivery in person, by overnight courier service, or by facsimile with receipt confirmed (followed by
delivery of an original via overnight courier service). The address for notice to the Company shall be as set forth in Section 2(b), and the address for notice to Indemnitee shall be as set forth on the signature page of this Agreement, or as
subsequently modified in a notice given in accordance with this Section 14. 
  
 15. Consent to Jurisdiction. The Company and Indemnitee each hereby irrevocably consent to the jurisdiction of the courts of the Commonwealth of Pennsylvania for all purposes in connection with any
action or proceeding which arises out of or relates to this Agreement. Any action or proceeding instituted under or to enforce this Agreement shall be brought only in the state courts of the Commonwealth of Pennsylvania. 
  

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 16. Subrogation. In the event of payment under this Agreement, 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 Company effectively to bring suit to enforce such rights. 
  
 17. Choice of Law. This Agreement shall be governed by and its provisions construed in accordance with the laws of the Commonwealth of Pennsylvania, as applied to contracts between Pennsylvania residents entered into and to be
performed within Pennsylvania. 
  
 18. Prior
Agreement. Notwithstanding any contrary provision contained herein, this Agreement supersedes and replaces any and all prior written indemnification agreements between the Indemnitee and the Company. 
  
 IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the
date first above written. 
  

			
	 KENEXA CORPORATION

		
	By:	 	 
	 Name:
	 	 
	 Title:
	 	 

  

	
	 
	 [INDEMNITEE]
 Address for Notice:

	
	 
	
	 
	
	 
	
	 

  

 -10-ASSET PURCHASE AGREEMENT

     THIS ASSET PURCHASE AGREEMENT is made this 27 day of March, 2004, by and
between Dorado Capital Ventures, Inc, (DCV) a Nevada Corporation, ("Buyer"), and
Ely Schless dba; Electric Moto and electricmoto.com, (Schless) a sole proprietor
("Seller").

                                    RECITALS:

     WHEREAS, Schless operates his business (the "Business") at certain leased
real properties identified in Exhihit A (collectively the "Premises"); and

     WHEREAS, Buyer desires to purchase from Seller, and Seller desires to self
to Buyer, all Seller's rights, title and interest, if any, in and to certain
assets on the terms described below.

     NOW, THEREFORE, the parties agree as follows:

1.   Preamble; Preliminary Recitals.

The preamble and preliminary recitals set forth above are by this reference
incorporated in and made a part of this Agreement.

2.   Purchase of Assets.

Subject to the provisions of this Agreement, Buyer agrees to purchase, and
Seller agrees to sell, all Seller's rights, title and interest, if any, in and
to the Purchased Assets, as defined in this paragraph. The purchase price for
the Purchased Assets shall be $20,000 ("Purchase Price").

"Purchased Assets" means, collectively all tangible property, including but not
limited to, furniture, fixtures, machinery, equipment, tools, and inventory
("inventory"), and the following intangible property: all right, title and
interest of Seller, if any, intellectual property (including, without imitation,
trademarks, tradenames, and service marks), telephone numbers and telephone
listings, insurance policies, customer lists, goodwill and other intangible
property related to the Business, which is located at the Premises on the
Closing Date; but excluding all other assets of Seller and specifically
excluding: (i) cash; (ii) any accounting related books and records, whether
written or electronically recorded; Oil causes of action not related to the
Purchased Assets; (iv) contingent and unliquidated claims of every nature except
those related to the Purchased Assets, including tax refunds, counterclaims, and
rights to set off claims; (v) deposits and (vi) any personal property subject to
any security interest in favor of a third party other than (none).

3.   Payment of Purchase Price.

Buyer shall deriver to Seller the purchase price in the form of 20,000,000
unregistered common shares of Dorado Capital Ventures, Inc.

4.   Assumption of Liabilities.

At Closing Buyer shall assume and agree to pay, discharge or perform as
appropriate only the following liabilities and obligations as kited in Exhibit C
(the "Assumed Liabilities):

<PAGE>

     a.   All obligations under customer purchase orders;
     b.   All leases of personal property and equipment, and contracts or
          agreements with vendors providing services to the Business after the
          Closing Date as listed on Exhibit C.
     c.   Any and all expenses relating to the operation of the business of
          Electric Moto.

     Except for the Assumed Liabilities, Buyer is not assuming, nor shall it in
any way be liable or responsible for, any liabilities, obligations or debts of
Seller, whether accrued, absolute, contingent or otherwise, arising before or
after the Closing.

5.   Covenants of Seller.

Seller hereby covenants and agrees with Buyer that:

     a.   Until the Closing Seller shall use its best efforts to maintain its
          current relationships with suppliers, customers and others having
          business relations with Seller in connection with the Purchased
          Assets.
     b.   Until the Closing, except as may be first approved in writing by Buyer
          or as is otherwise permitted or contemplated by this Agreement, Seller
          shall conduct its business and all transactions with respect to the
          Purchased Assets, only in the usual and ordinary course of business
          consistent with Seller's past practice.
     c.   Until the Closing, Seller shall make no sale of assets other than in
          the ordinary course of Seller's past practice.
     d.   Seller is a corporation in good standing with the State of Nevada with
          a total of no more than 7 million shares issued and outstanding prior
          to any agreed upon funding.

6.   Closing.

     a.   In the event that Buyer is the successful Buyer following the Auction,
          the consummation of the purchase and sale of the Purchased Assets (the
          "Closing") shall be held at 4:00 p.m. on April 2, 2004 or sooner by
          agreement of the parties, at such place as Buyer and Seller may agree.

     b.   At the Closing, Seller shall deliver the Purchased Assets to Buyer and
          shall deliver the following documents to Buyer.

          i    list of Accounts;
          ii.  list of inventory;
          iii  such other documents as may be reasonably requested by Purchaser
               in connection with the consummation of the transactions
               contemplated by this Agreement.

     c.   At Closing Buyer shall pay to Seller the Purchase Price and shall
          deliver to Seller the following documents:

          i.   All available corporate documents copies and bank records and
               check books including but not limited to articles of
               incorporation, by laws, IRS tax number information.

<PAGE>

          ii   Executed copies of a Board of Directors meeting wherein Schuss
               and other parties of his choosing are elected to the board of
               Directors and the name of the corporation has been changed to
               Electric Moto Corporation.

          iii. Letters of resignation of all current Directors.

          iv.  such other documents as may be reasonably requested by Seller in
               connection with the consummation of the transactions contemplated
               by this Agreement.

7.   Delivery and Condition of the Purchased Assets.

     a.   Immediately upon completion of the Closing, Seller shall be deemed to
          have fully and completely transferred to Buyer all his rights, title
          and interest, if any, in, as well as possession, custody and control
          of, the Purchased Assets. Further upon dosing Seller will become the
          controlling party of Buyer and shall be considered the surviving party
          following said acquisition.

     b.   Buyer agrees that it is purchasing and shall take possession of the
          Purchased Assets in their AS IS, WHERE IS condition and acknowledges
          that it has previously been given the opportunity to and has conducted
          such investigations and inspections of the Purchased Assets as it has
          deemed necessary or appropriate for the purposes of this Agreement.

     c.   EXCEPT AS EXPRESSLY STATED IN THIS AGREEMENT, SELLER DOES NOT MAKE ANY
          EXPRESS OR IMPLIED REPRESENTATIONS, STATEMENTS, WARRANTIES, OR
          CONDITIONS OF ANY KIND OR NATURE WHATSOEVER CONCERNING THE PURCHASED
          ASSETS, INCLUDING (WITHOUT LIMITING THE GENERALITY OF THE FOREGOING)
          ANY WARRANTIES REGARDING THE OWNERSHIP, CONDITION, QUANTITY AND/OR
          QUALITY OF ANY OR ALL OF THE PURCHASED ASSETS AND ANY AND ALL IMPLIED
          WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE ARE
          DISCLAIMED.

8.   Conditions Precedent to Closing.

The performance by Seller and Buyer of their respective obligations under this
Agreement is subject to the condition that on the Closing Date no suit, action
or other proceeding shall be pending before any court or governmental or
regulatory authority which seeks to restrain or prohibit or to obtain damages or
other relief in connection with this Agreement or the consummation of the
transactions contemplated by this Agreement. Further it is agreed by both
parties that Buyer shall have completed the sale of 2,000,000 shares of
unregistered shares at $.05 per share for a total of 9100,000. Said funds will
be retained in Buyers checking account and turned over to Seller upon closing.

9.   Default.

     a.   If Seller fails to make the required deliveries at the Closing or
          otherwise defaults under this Agreement, then Buyer shall have the
          right to terminate this Agreement and thereupon this Agreement shall
          be null and void and of no legal effect whatsoever. If so terminated,
          each party hereto shall suffer their own losses, costs, expenses or
          damages arising out of, under or related to this Agreement.

<PAGE>

10.  Indemnity.

Buyer shall indemnify, defend and hold Seller harmless from and against any and
all losses, liabilities, damages, costs and obligations (or actions or claims in
respect thereof) (including reasonable counsel fees), which Seller may suffer or
incur arising out of or based upon:

     a.   the breach of any representation, warranty, covenant or agreement of
          Buyer contained in this Agreement;

     b.   the Assumed Liabilities: and

     c.   the operation of the Business and the use of any of the Purchased
          Assets after the Closing.

11.  Notices.

Any notice required or permitted by this Agreement shall be in writing and
effectively delivered for all purposes if delivered personally, by overnight
delivery service or by United States mail, certified mail, postage prepaid,
return receipt requested and:

Buyer

Dorado Capital Ventures, Inc
356 Pine Street #1
Pacific Grove, CA 93950

Seller

Ely Schless

Ashland, OR 27520

All notices shall be deemed delivered upon receipt.

12.  Survival.

The representations, warranties and covenants contained herein shall not survive
the execution and delivery of this Agreement and Closing.

13.  Brokers.

Buyer and Seller each warrants to the other that it has not engaged, consented
to, or authorized any broker, investment banker, or other third party to act on
Its behalf, directly or indirectly, as a broker or finder in connection with the
transactions contemplated by this Agreement and no such third party is entitled
to any fee or compensation in connection with this Agreement or the transactions
contemplated hereby by reason of any action of it.

14.  Amendment and Modification.

This Agreement may be amended, modified or supplemented only by written
agreement of Buyer and Seller.

<PAGE>

15.  Severability

Any provision of this Agreement that shall be prohibited or unenforceable shall
be deemed ineffective to the extent of such prohibition or unenforceability
without invalidating the remaining provisions hereof.

16.  Entire Agreement

This Agreement sets forth all of the promises, covenants, agreements, conditions
and undertakings between the parties hereto with respect to the subject matter
hereof, and supersedes all prior and contemporaneous agreements and
undertakings, inducements or conditions, express or implied, oral or written.

17.  Governing Law.

This Agreement shall be governed by and construed in accordance with the laws of
the State of Illinois_

18.  Counterparts.

This Agreement may be executed in one or more counterparts all of which when
taken together constitute one and the same instruments. A signed counterpart is
as binding as an original.

19.  Headings, Exhibits.

The headings used in this Agreement are for convenience only and shall not be
used to limit or construe the contents of any of the sections of this Agreement.
All lettered Exhibits are attached to and by this reference made a part of this
Agreement.

20.  Binding Effect.

This Agreement shall be binding upon and inure to the benefit of the parties
hereto, their successors and assigns.

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

Dorado Capital Ventures, Inc                          Electricmoto

/s/  Christopher Miles                                /s/  Ely Schless
-------------------------------------                 --------------------------
by:  Christopher Miles, President                     Ely Schless

<PAGE>

                                    EXHIBIT B

                            ASSIGNEE'S BILL OF SALE
                            -----------------------

For good and valuable consideration, receipt of which is hereby acknowledged,
the undersigned, Ely Schless ("SELLER"), hereby assigns, conveys and transfers
over unto Dorado Capital Ventures, Inc ("BUYER"), all of his right, title and
interest, if any, in and to the Purchased Assets as defined in that certain
Asset Purchase Agreement between Seller and Buyer dated March 27. 2004 (the
"Purchase Agreement").

The purchase price for the Purchased Assets is $15,000. THE PURCHASED ASSETS ARE
BEING SOLD "AS-IS, WHERE-IS' WITH NO WARRANTIES OR REPRESENTATIONS WHATSOEVER,
EXCEPT AS EXPRESSLY PROVIDED IN THE PURCHASE AGREEMENT, INCLUDING, WITHOUT
LIMITATION, WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE.

IN WITNESS WHEREOF, the parties hereto have caused this Bill of Sale to be
executed as of the 5th day of April 2004

                                            For ElectricMoto and as individual

                                            /s/  Ely Schless
                                            ----------------------------------
                                                 Ely Schless

<PAGE>

Electricmoto Blade Tooling,
Documentation and Parts Inventory as
of 3/22104
<TABLE>
<CAPTION>

Item #                  Description                                                               Value at Cost

                                                                                                   $
<S>      <C>            <C>                                                                                  <C>
         1              10 unwelded swingarms                                                                1,000
         2              10 welded main frames                                                                4,700
         3              1 all position weld fixture                                                          1,200
         4              5 assembly                                                                             425
                        fixtures
         5              1 fender vacuform tool and                                                             750
                        trimmer
         6              1 belt cover vacuform tool                                                             650
         7              1 controller roof vacuform tool                                                        150
         8              1 main frame weld fixture                                                            5,500
         9              8 various mitre, bend and weld                                                        1800
                        fixtures
        10              10 miscellaneous parts kits                                                           1250
        11              1 rear subframe fixture                                                              1,400
        12              shipping crates and boxes                                                              200
        13              1 swingarm                                                                           1,200
                        fixture
        14              85 AutoCad Drawings and                                                              6,375
                        Documentation
                        note: based on 1 hour average dwg. Time
                           $75/hour
        15              cold cut saw                                                                          2200
        16              vacuformer                                                                            7800
        17              lathe                                                                                 4500
        18              mill                                                                                  8200
        19              mig welder                                                                            1450
        20              20" disc sander                                                                       2130
        21              band saw                                                                              7200
        22              hand tools                                                                            4700

Total value of documentation, tooling and existing
parts                                                                                                       64,780
inventory

</TABLE>

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