Document:

Exhibit 10.1

 

INDEMNITY
AGREEMENT

 

This Indemnity Agreement (this “Agreement”)
is made as of                                 ,
2007, by and between Orbitz Worldwide, Inc., a Delaware corporation (the “Company”),
and                                         
(“Indemnitee”).

 

RECITALS

 

WHEREAS, highly competent persons have become
more reluctant to serve publicly-held corporations as directors or in other
capacities unless they are provided with adequate protection through insurance
or adequate indemnification against inordinate risks of claims and actions
against them arising out of their service to and activities on behalf of the
corporation;

 

WHEREAS, the Board of Directors of the
Company (the “Board”) has determined that, in order to attract and
retain qualified individuals, the Company will attempt to maintain on an
ongoing basis, at its sole expense, liability insurance to protect persons
serving the Company and its subsidiaries from certain liabilities. Although the
furnishing of such insurance has been a customary and widespread practice among
United States-based corporations and other business enterprises, the Company
believes that, given current market conditions and trends, such insurance may
be available to it in the future only at higher premiums and with more
exclusions. At the same time, directors, officers, and other persons in service
to corporations or business enterprises are being increasingly subjected to
expensive and time-consuming litigation relating to, among other things,
matters that traditionally would have been brought only against the Company or
business enterprise itself. The By-laws of the Company (as amended from time to
time, the “By-laws”) provide for indemnification of the officers
and directors of the Company. Indemnitee may also be entitled to
indemnification pursuant to the General Corporation Law of the State of
Delaware (the “DGCL”). The Certificate of Incorporation of the Company
(as amended from time to time, the “Charter”), the By-laws and the DGCL
expressly provide that the indemnification provisions set forth therein are not
exclusive, and thereby contemplate that contracts may be entered into between
the Company and its directors and officers with respect to indemnification;

 

WHEREAS, the uncertainties relating to such insurance
and to indemnification have increased the difficulty of attracting and
retaining such persons to serve publicly-held corporations as directors and
officers;

 

WHEREAS, the Board has determined that the
increased difficulty in attracting and retaining such persons is detrimental to
the best interests of the Company’s stockholders and that the Company should
act to assure such persons that there will be increased certainty of such
protection in the future;

 

 

WHEREAS, it is reasonable, prudent and necessary
for the Company contractually to obligate itself to indemnify, and to advance
expenses on behalf of, such persons to the fullest extent permitted by
applicable law so that they will serve or continue to serve the Company free
from undue concern that they will not be so indemnified;

 

WHEREAS, this Agreement is a supplement to
and in furtherance of the Charter and the By-laws and any resolutions adopted
pursuant thereto and shall not be deemed a substitute therefor, nor to diminish
or abrogate any rights of Indemnitee thereunder; and

 

WHEREAS, Indemnitee does not regard the
protection available under the Charter and the By-laws and insurance as
adequate in the present circumstances, and may not be willing to serve as a director
or officer without adequate protection, and the Company desires Indemnitee to
serve in such capacity. Indemnitee is willing to serve, continue to serve and
to take on additional service for or on behalf of the Company on the condition
that he or she be so indemnified.

 

NOW, THEREFORE, in consideration of the
premises and the covenants contained herein, the Company and Indemnitee do
hereby covenant and agree as follows:

 

1.             SERVICES TO THE COMPANY.

 

(a)           Indemnitee will serve or continue to serve, at
the will of the Company, as a director or officer of the Company for so long as
Indemnitee is duly elected or appointed or until Indemnitee tenders his or her
resignation in writing or is otherwise terminated or properly removed from
office.

 

(b)           The Company expressly confirms and agrees
that (i) it has entered into this Agreement and assumed the obligations
imposed on the Company hereby in order to induce Indemnitee to serve or continue
to serve as a director and/or officer of the Company and (ii) the
obligations imposed on the Company hereby cover service by Indemnitee during
and after the period with respect to Indemnitee’s service as a director and/or officer
of the Company, including, specifically, any such period prior to the date of
this Agreement. The Company acknowledges that Indemnitee is relying upon this
Agreement in serving, or continuing to serve, as a director and/or officer of
the Company.

 

2.             DEFINITIONS. As used in this
Agreement:

 

(a)           “Beneficial Owner” shall have the
meaning given to such term in Rule l3d-3 under the Exchange Act (as
defined below); provided, however, that Beneficial Owner shall
exclude any Person otherwise becoming a Beneficial Owner by reason of the
stockholders of the Company approving a merger of the Company with another
entity.

 

(b)           A “Change in Control” shall be deemed
to occur upon the earliest to occur after the date of this Agreement of any of
the following events:

 

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(i)            any Person (as defined
below) is or becomes the Beneficial Owner (as defined below), directly or indirectly,
of securities of the Company representing thirty percent (30%) or more of the
combined voting power of the Company’s then outstanding voting securities;

 

(ii)           individuals who as of July 25, 2007 constituted
the Board and any new director (other than a director whose initial assumption
of office is in connection with an actual or threatened election contest,
including but not limited to a consent solicitation, relating to the election
of directors of the Company) whose appointment or election by the Board or nomination
for election by the Company’s stockholders was approved by a vote of at least
two-thirds of the directors then still in office who either were directors on
such date or whose appointment, election or nomination for election was
previously so approved, cease for any reason to constitute a least a majority
of the directors then serving on the Board;

 

(iii)          a merger or consolidation of the Company or
any direct or indirect subsidiary of the Company with any other entity, other
than a merger or consolidation immediately following which the individuals who
comprise the Board immediately prior thereto constitute at least a majority of
the Board or the board of directors or governing body of the entity surviving
such merger or consolidation or, if the Company or the entity surviving such
merger is then a subsidiary, the ultimate parent thereof;

 

(iv)          the approval by the stockholders of the
Company of a complete liquidation of the Company or an agreement or series of
agreements for the sale or disposition by the Company of all or substantially
all of the Company’s assets, other than a sale or disposition by the Company of
all or substantially all of the Company’s assets to an entity, immediately
following which the individuals who comprise the Board immediately prior
thereto constitute at least a majority of the board of directors of the entity
to which such assets are sold or disposed of or, if such entity is a
subsidiary, the ultimate parent thereof; or

 

(v)           there occurs any other event of a nature
that would be required to be reported in response to Item 6(e) of Schedule
14A of Regulation 14A (or a response to any similar item on any similar
schedule or form) promulgated under the Exchange Act (as defined below),
whether or not the Company is then subject to such reporting requirement.

 

Notwithstanding the foregoing, a Change in Control shall not be deemed
to have occurred by virtue of the consummation of any transaction or series of
integrated transactions immediately following which individuals who comprise
the Board immediately prior thereto constitute at least a majority of the board
of directors of an entity which owns all or substantially all of the assets of
the Company immediately following such transaction or series of transactions.

 

(c)           “Corporate Status” describes the
status of a person who is or was a director, officer, trustee, general partner,
member, fiduciary, employee or agent of the

 

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Company or of any other Enterprise (as defined below) which such person
is or was serving at the request of the Company.

 

(d)           “Disinterested Director” means a
director of the Company who is not and was not a party to the Proceeding (as
defined below) in respect of which indemnification is sought by Indemnitee.

 

(e)           “Enterprise” shall mean the Company
and any other corporation, limited liability company, partnership, joint
venture, trust, employee benefit plan or other enterprise of which Indemnitee
is or was serving at the request of the Company as a director, officer,
trustee, general partner, member, fiduciary, employee or agent.

 

(f)            “Exchange Act” shall mean the
Securities Exchange Act of 1934, as amended.

 

(g)           “Expenses” shall include all
reasonable attorneys’ fees, retainers, court costs, transcript costs, fees of
experts and accountants, witness fees, travel expenses, duplicating costs,
printing and binding costs, telephone charges, postage, delivery service fees,
and all other disbursements or expenses of the types customarily incurred in
connection with prosecuting, defending, preparing to prosecute or defend,
investigating, being or preparing to be a witness in, or otherwise
participating in, a Proceeding. Expenses also shall include costs incurred in
connection with any appeal resulting from any Proceeding, including, without
limitation, the premium, security for, and other costs relating to any cost
bond, supersedeas bond, or other appeal bond or its equivalent. Expenses, however,
shall not include amounts paid in settlement by Indemnitee or the amount of
judgments or fines against Indemnitee.

 

(h)           “Independent Counsel” means a law
firm, or a member of a law firm, that is experienced in matters of corporation
law and neither presently is, nor in the past five years has been, retained to
represent: (i) the Company or Indemnitee in any matter material to either
such party (other than with respect to matters concerning Indemnitee under this
Agreement, or of other indemnitees under similar indemnification agreements),
or (ii) any other party to the Proceeding giving rise to a claim for indemnification
hereunder. Notwithstanding the foregoing, the term “Independent Counsel” shall
not include any person who, under the applicable standards of professional
conduct then prevailing, would have a conflict of interest in representing
either the Company or Indemnitee in an action to determine Indemnitee’s rights
under this Agreement.

 

(i)            “Person” shall have the meaning as
set forth in Sections 13(d) and 14(d) of the Exchange Act; provided,
however, that Person shall exclude (i) the Company and its
subsidiaries, (ii) any trustee or other fiduciary holding securities under
an employee benefit plan of the Company or any of its subsidiaries, and (iii) any
corporation owned, directly or indirectly, by the stockholders of the Company
in substantially the same proportions as their ownership of stock of the
Company.

 

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(j)            The term “Proceeding” shall include
any threatened, pending or completed action, suit, arbitration, alternate
dispute resolution mechanism, investigation, inquiry, administrative hearing,
appeal or any other actual, threatened or completed proceeding, whether brought
in the right of the Company or otherwise and whether of a civil, criminal,
administrative or investigative nature, in which Indemnitee was, is or will be
involved as a party or witness or otherwise by reason of the fact that
Indemnitee is or was a director or officer of the Company, by reason of any
action taken (or failure to act) by him or her of any action (or failure to
act) on his or her part while acting as director or officer of the Company, or
by reason of the fact that he or she is or was serving at the request of the
Company as a director, officer, trustee, general partner, member, fiduciary,
employee or agent of any other Enterprise, in each case whether or not serving
in such capacity at the time any liability or expense is incurred for which
indemnification, reimbursement, or advancement of expenses can be provided
under this Agreement.

 

3.             INDEMNITY IN THIRD-PARTY PROCEEDINGS.
The Company shall indemnify Indemnitee in accordance with the provisions of
this Section 3 if Indemnitee was, is, or is threatened to be made, a party
to or a participant (as a witness or otherwise) or otherwise involved in any
Proceeding, other than a Proceeding by or in the right of the Company to
procure a judgment in its favor. Pursuant to this Section 3, Indemnitee
shall be indemnified against all Expenses, judgments, fines, 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 and amounts paid in settlement) actually and
reasonably incurred by Indemnitee or on his or her behalf in connection with
such Proceeding or any claim, issue or matter therein or related thereto, if
Indemnitee 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 and, in the case of a
criminal Proceeding, had no reasonable cause to believe that his or her conduct
was unlawful. The termination of any such Proceeding by judgment, order of
court, settlement, conviction or upon a plea of nolo contendere, or its
equivalent, shall not, of itself, create a presumption that Indemnitee did not
act in good faith and in a manner which he or she reasonably believed to be in
or not opposed to the best interests of the Company, and with respect to any
criminal Proceeding, that such person had reasonable cause to believe that his
or her conduct was unlawful.

 

4.             INDEMNITY IN PROCEEDINGS BY OR IN THE
RIGHT OF THE COMPANY. The Company shall indemnify Indemnitee in accordance
with the provisions of this Section 4 if Indemnitee was, is, or is
threatened to be made, a party to or a participant (as a witness or otherwise) or
otherwise involved in any Proceeding by or in the right of the Company to
procure a judgment in its favor. Pursuant to this Section 4, Indemnitee
shall be indemnified against all Expenses actually and reasonably incurred by
him or her or on his or her behalf in connection with the defense or settlement
of such Proceeding or any claim, issue or matter therein or related thereto, if
Indemnitee 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. No indemnification
for Expenses shall be made under this Section 4 in respect of any claim,
issue or matter as to which Indemnitee shall have been finally adjudged by a
court to be liable to the Company, unless and only to the extent that any court
in which the Proceeding was brought or the Delaware Court of Chancery (the

 

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“Delaware Court”) 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 indemnification.

 

5.             INDEMNIFICATION FOR EXPENSES OF A PARTY
WHO IS WHOLLY OR PARTLY SUCCESSFUL. Notwithstanding any other provisions of
this Agreement, to the extent that Indemnitee is a party to (or a participant
in) and is successful, on the merits or otherwise, in any Proceeding or in
defense of any claim, issue or matter therein, in whole or in part, the Company
shall indemnify Indemnitee against all Expenses actually and reasonably
incurred by him or her in connection therewith. If Indemnitee is not wholly
successful in such Proceeding but is successful, on the merits or otherwise, as
to one or more but less than all claims, issues or matters in such Proceeding,
the Company shall indemnify Indemnitee against all Expenses actually and
reasonably incurred by him or her or on his or her behalf in connection with
each successfully resolved claim, issue or matter. If Indemnitee is not wholly
successful in such Proceeding, the Company also shall indemnify Indemnitee
against all Expenses reasonably incurred in connection with a claim, issue or
matter related to any claim, issue, or matter on which Indemnitee was
successful. For purposes of this Section 5 and without limitation, the
termination of any claim, issue or matter in such a Proceeding by dismissal,
with or without prejudice, shall be deemed to be a successful result as to such
claim, issue or matter, provided that there has been no finding that
Indemnitee (a) did not act in good faith, (b) did not act in a manner
reasonably believed to be in or not opposed to the best interests of the
Company or (c) with respect to any criminal Proceeding, had reasonable
grounds to believe that his or her conduct was unlawful.

 

6.             INDEMNIFICATION FOR EXPENSES OF A
WITNESS. Notwithstanding any other provision of this Agreement, to the
extent that Indemnitee is, by reason of his or her Corporate Status, a witness
in or otherwise incurs Expenses in connection with any Proceeding to which
Indemnitee is not a party, he or she shall be indemnified against all Expenses
actually and reasonably incurred by him or her or on his or her behalf in
connection therewith.

 

7.             ADDITIONAL INDEMNIFICATION. Notwithstanding
any limitation in Sections 3, 4 or 5 of this Agreement, the Company shall
indemnify Indemnitee to the fullest extent permitted by applicable law if Indemnitee
is a party to or threatened to be made a party to any Proceeding (including a
Proceeding by or in the right of the Company to procure a judgment in its
favor) against all Expenses, judgments, fines, 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 and
amounts paid in settlement) actually and reasonably incurred by Indemnitee in
connection with the Proceeding. No indemnity shall be made under this Section 7
on account of Indemnitee’s conduct which constitutes a breach of Indemnitee’s
duty of loyalty to the Company or its stockholders or is an act or omission not
in good faith or which involves intentional misconduct or a knowing violation
of the law.

 

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8.             EXCLUSIONS. Notwithstanding any
provision in this Agreement, the Company shall not be obligated under this
Agreement to make any indemnity in connection with any claim made against
Indemnitee:

 

(a)           for which payment has actually been received
by or on behalf of Indemnitee under any insurance policy or other indemnity
provision, except with respect to any excess beyond the amount actually
received under any insurance policy or other indemnity provision; or

 

(b)           for an accounting of profits made from the
purchase and sale (or sale and purchase) by Indemnitee of securities of the
Company within the meaning of Section 16(b) of the Exchange Act or
similar provisions of state statutory law or common law;

 

(c)           except as otherwise provided in Section 13(f) hereof,
prior to a Change in Control, in connection with any Proceeding (or any part of
any Proceeding) initiated by Indemnitee, including any Proceeding (or any part
of any Proceeding) initiated by Indemnitee against the Company or its
directors, officers, employees or other indemnitees, unless (i) the Board of
the Company authorized the Proceeding (or any part of any Proceeding) prior to its
initiation or (ii) the Company provides the indemnification, in its sole discretion,
pursuant to the powers vested in the Company under applicable law.

 

9.             ADVANCES OF EXPENSES; DEFENSE OF CLAIM.

 

(a)           Notwithstanding any provision of this
Agreement to the contrary, to the fullest extent permitted by applicable law, the
Company shall advance Expenses incurred by Indemnitee in connection with any
Proceeding within ten (10) days after the receipt by the Company of a statement
or statements requesting such advances from time to time, whether prior to or
after final disposition of any Proceeding. Advances shall be unsecured and
interest free. Advances shall be made without regard to Indemnitee’s ability to
repay such Expenses and without regard to Indemnitee’s ultimate entitlement to
indemnification under the other provisions of this Agreement. Advances shall
include any and all reasonable Expenses incurred pursuing a Proceeding to
enforce this right of advancement, including Expenses incurred preparing and
forwarding statements to the Company to support the advances claimed. Notwithstanding
any provision of this Agreement to the contrary, the Indemnitee shall be
entitled to advances of Expenses incurred by him or her or on his or her behalf
in connection with a Proceeding that Indemnitee claims is covered by Sections 3
and 4 hereof, prior to a final determination of eligibility for indemnification
and prior to the final disposition of the Proceeding, upon the execution and
delivery to the Company of an undertaking by or on behalf of the Indemnitee
providing that the Indemnitee will repay such advances to the extent that it
ultimately is determined that Indemnitee is not entitled to be indemnified by
the Company. Indemnitee shall qualify for advances, to the fullest extent
permitted by applicable law, solely upon the execution and delivery to the
Company of an undertaking providing that Indemnitee undertakes to repay the
advance to the extent that it is ultimately determined that Indemnitee is not
entitled to be indemnified by the Company

 

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hereunder or under the Charter, the By-laws, applicable law or
otherwise. This Section 9(a) shall not apply to any claim made by
Indemnitee for which indemnity is excluded pursuant to Section 8 hereof.

 

(b)           The Company will be entitled to participate
in the Proceeding at its own expense.

 

(c)           The Company shall not settle any action,
claim or Proceeding (in whole or in part) which would impose any Expense,
judgment, fine, penalty or limitation on Indemnitee without Indemnitee’s prior
written consent.

 

10.           PROCEDURE FOR NOTIFICATION AND
APPLICATION FOR INDEMNIFICATION.

 

(a)           Within sixty (60) days after the actual
receipt by Indemnitee of notice that he or she is a party to or a participant
(as a witness or otherwise) or otherwise involved in any Proceeding, Indemnitee
shall submit to the Company a written notice identifying the Proceeding. The
failure by Indemnitee to so notify the Company will not relieve the Company
from any liability which it may have to Indemnitee under this Agreement or
otherwise, except to the extent the Company can establish that such failure to
notify resulted in actual prejudice to the Company.

 

(b)           Indemnitee shall thereafter deliver to the
Company a written application to indemnify Indemnitee in accordance with this
Agreement. Such application(s) may be delivered from time to time and at
such time(s) as Indemnitee deems appropriate in his or her sole
discretion. Following such a written application for indemnification by
Indemnitee, Indemnitee’s entitlement to indemnification shall be determined promptly
according to Section 11(a) of this Agreement.

 

11.           PROCEDURE UPON APPLICATION FOR
INDEMNIFICATION.

 

(a)           Upon written request by Indemnitee for
indemnification pursuant to Section 10(b) of this Agreement, a prompt
determination, if required by applicable law, with respect to Indemnitee’s
entitlement thereto shall be made in the specific case by one of the following
methods: (i) by a majority vote of the Disinterested Directors, even
though less than a quorum of the Board or (ii) by Independent Counsel in a
written opinion to the Board, a copy of which shall be delivered to Indemnitee.
The Company shall promptly advise Indemnitee in writing with respect to any
determination that Indemnitee is or is not entitled to indemnification,
including a description of any reason or basis for which indemnification has
been denied. If it is so determined that Indemnitee is entitled to
indemnification, payment to Indemnitee shall be made within ten (10) days
after such determination. Indemnitee shall reasonably cooperate with the
person, persons or entity making such determination with respect to Indemnitee’s
entitlement to indemnification, including providing to such person, persons or
entity upon reasonable advance request any documentation or information which
is not privileged or otherwise protected from disclosure and which is
reasonably available to Indemnitee and reasonably necessary to such determination.
Any costs or Expenses incurred by

 

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Indemnitee in so cooperating with the person, persons or entity making
such determination shall be borne by the Company (irrespective of the
determination as to Indemnitee’s entitlement to indemnification), and the Company
hereby indemnifies and agrees to hold Indemnitee harmless therefrom.

 

(b)           In the event the determination of
entitlement to indemnification or advancement of Expenses is to be made by
Independent Counsel pursuant to Section 11(a) hereof, the Independent
Counsel shall be selected as provided in this Section 11(b). If a Change
in Control shall not have occurred, the Independent Counsel shall be selected
by the Board, and the Company shall give written notice to Indemnitee advising
him or her of the identity of the Independent Counsel so selected. If a Change
in Control shall have occurred, the Independent Counsel shall be selected by
Indemnitee (unless Indemnitee shall request that such selection be made by the
Board, in which event the preceding sentence shall apply), and Indemnitee shall
give written notice to the Company advising it of the identity of the
Independent Counsel so selected and certifying that the Independent Counsel so
selected meets the requirements of “Independent Counsel” as defined in Section 2
of this Agreement. In either event, Indemnitee or the Company, as the case may
be, may, within ten (10) days after such written notice of selection shall
have been received, deliver to the Company or to Indemnitee, as the case may
be, a written objection to such selection; provided, however,
that such objection may be asserted only on the ground that the Independent
Counsel so selected does not meet the requirements of “Independent Counsel” as
defined in Section 2 of this Agreement, and the objection shall set forth
with particularity the factual basis of such assertion. Absent a proper and
timely objection, the person so selected shall act as Independent Counsel. If
such written objection is so made and substantiated, the Independent Counsel so
selected may not serve as Independent Counsel unless and until such objection is
withdrawn or a court of competent jurisdiction has determined that such objection
is without merit. If, within twenty (20) days after submission by Indemnitee of
a written request for advancement of Expenses or indemnification pursuant to Section 10(b) hereof,
no Independent Counsel shall have been selected and not objected to, either the
Company or Indemnitee may petition the Delaware Court for resolution of any
objection which shall have been made by the Company or Indemnitee to the other’s
selection of Independent Counsel and/or for the appointment as Independent
Counsel of a person selected by the Delaware Court, and the person with respect
to whom all objections are so resolved or the person so appointed shall act as Independent
Counsel under Section 11(a) hereof. Upon the due commencement of any judicial
proceeding or arbitration pursuant to Section 13(a) of this
Agreement, Independent Counsel shall be discharged and relieved of any further responsibility
in such capacity (subject to the applicable standards of professional conduct
then prevailing).

 

(c)           The Company agrees to pay the reasonable
fees of Independent Counsel and to fully indemnify such Independent Counsel
against any and all Expenses, claims, liabilities and damages arising out of or
relating to this Agreement or its engagement pursuant hereto.

 

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12.           PRESUMPTIONS AND EFFECT OF CERTAIN
PROCEEDINGS.

 

(a)           In making a determination with respect to
entitlement to indemnification or advancement of Expenses hereunder, the person
or persons or entity making such determination shall presume that Indemnitee is
entitled to indemnification or advancement of Expenses under this Agreement if
Indemnitee has submitted a request for indemnification in accordance with Section 10(b) of
this Agreement, and the Company shall have the burden of proof to overcome that
presumption in connection with the making by any person, persons or entity of
any determination contrary to that presumption. Neither the failure of the
Company (including by its directors or Independent Counsel) to have made a
determination prior to the commencement of any action pursuant to this
Agreement that indemnification is proper in the circumstances because
Indemnitee has met the applicable standard of conduct, nor an actual
determination by the Company (including by its directors or Independent Counsel)
that Indemnitee has not met such applicable standard of conduct, shall be a
defense to the action or create a presumption that Indemnitee has not met the
applicable standard of conduct.

 

(b)           If the person, persons or entity empowered
or selected under Section 11 of this Agreement to determine whether
Indemnitee is entitled to indemnification or advancement of Expenses shall not
have made a determination within sixty (60) days after receipt by the Company
of the request therefor, the requisite determination of entitlement to
indemnification or advancement of Expenses shall be deemed to have been made
and Indemnitee shall be entitled to such indemnification, absent (i) a
misstatement by Indemnitee of a material fact, or an omission of a material
fact necessary to make Indemnitee’s statement not materially misleading, in
connection with the request for indemnification or advancement of Expenses, or (ii) a
prohibition of such indemnification under applicable law; provided, however,
that such sixty (60)-day period may be extended for a reasonable time, not to
exceed an additional thirty (30) days, if the person, persons or entity making
the determination with respect to entitlement to indemnification in good faith
requires such additional time for the obtaining or evaluating of documentation
and/or information relating thereto.

 

(c)           The termination of any Proceeding or of any
claim, issue or matter therein, by judgment, order, settlement or conviction,
or upon a plea of nolo contendere or its equivalent, shall not (except as
otherwise expressly provided in this Agreement) of itself adversely affect the
right of Indemnitee to indemnification or create a presumption that Indemnitee
did not act in good faith and in a manner which he or she reasonably believed
to be in or not opposed to the best interests of the Company or, with respect
to any criminal Proceeding, that Indemnitee had reasonable cause to believe
that his or her conduct was unlawful.

 

(d)           For purposes of any determination of good
faith, Indemnitee shall be deemed to have acted in good faith if Indemnitee’s
action or failure to act is based on the records or books of account of the Enterprise,
including financial statements, or on information supplied to Indemnitee by the
directors or officers of the Enterprise in the course of their duties, or on
the advice of legal counsel for the Enterprise or on information or records given
or reports made to the Enterprise by an independent certified public accountant
or by an appraiser or other expert selected by the Enterprise.

 

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The provisions of this Section 12(d) shall not be deemed to
be exclusive or to limit in any way the other circumstances in which Indemnitee
may be deemed or found to have met the applicable standard of conduct set forth
in this Agreement.

 

(e)           The knowledge and/or actions, or failure to act,
of any other director, trustee, partner, member, fiduciary, officer, agent or employee
of the Enterprise shall not be imputed to Indemnitee for purposes of determining
the right to indemnification under this Agreement.

 

13.           REMEDIES OF INDEMNITEE.

 

(a)           In the event that (i) a determination
is made pursuant to Section 11 of this Agreement that Indemnitee is not
entitled to indemnification under this Agreement, (ii) advancement of
Expenses is not timely made pursuant to Section 9 of this Agreement, (iii) no
determination of entitlement to indemnification shall have been made pursuant
to Section 11(a) of this Agreement within forty-five (45) days after
receipt by the Company of the request for indemnification, (iv) payment of
indemnification is not made pursuant to Section 5, 6, 7 or the last
sentence of Section 11(a) of this Agreement within ten (10) days
after receipt by the Company of a written request therefor, (v) payment of
indemnification pursuant to Section 3 or 4 of this Agreement is not made
within ten (10) days after a determination has been made that Indemnitee
is entitled to indemnification, or (vi) a contribution payment is not made
in a timely manner pursuant to Section 21 of this Agreement, Indemnitee
shall be entitled to an adjudication by the Delaware Court of his or her entitlement
to such indemnification, advancement or contribution. Alternatively,
Indemnitee, at his or her option, may seek an award in arbitration to be conducted
by a single arbitrator pursuant to the Commercial Arbitration Rules of the
American Arbitration Association. Except as set forth herein, the provisions of
Delaware law (without regard to its conflict of laws) shall apply to any such
arbitration. The Company shall not oppose Indemnitee’s right to seek any such
adjudication or award in arbitration.

 

(b)           In the event that a determination shall have
been made pursuant to Section 11(a) of this Agreement that Indemnitee
is not entitled to indemnification, any judicial proceeding or arbitration
commenced pursuant to this Section 13 shall be conducted in all respects
as a de novo trial, or arbitration, on the merits and Indemnitee shall not be
prejudiced by reason of that adverse determination. In any judicial proceeding
or arbitration commenced pursuant to this Section 13, Indemnitee shall be
presumed to be entitled to indemnification or advancement of Expenses, as the
case may be, and the Company shall have the burden of proving Indemnitee is not
entitled to indemnification or advancement of Expenses, as the case may be, and
the Company may not refer to or introduce into evidence any determination
pursuant to Section 11(a) of this Agreement adverse to Indemnitee for
any purpose. If Indemnitee commences a judicial proceeding or arbitration pursuant
to this Section 13, Indemnitee shall not be required to reimburse the Company
for any advances pursuant to Section 9 of this Agreement until a final
determination is made with respect to Indemnitee’s entitlement to
indemnification (as to which all rights of appeal have been exhausted or
lapsed).

 

11

 

(c)           If a determination shall have been made
pursuant to Section 11(a) of this Agreement that Indemnitee is
entitled to indemnification, the Company shall be bound by such determination
in any judicial proceeding or arbitration commenced pursuant to this Section 13,
absent (i) a misstatement by Indemnitee of a material fact, or an omission
of a material fact necessary to make Indemnitee’s statement not materially
misleading, in connection with the request for indemnification, or (ii) a
prohibition of such indemnification under applicable law.

 

(d)           In the event that Indemnitee, pursuant to
this Section 13, seeks a judicial adjudication of or an award in
arbitration to enforce his or her rights under, or to recover damages for breach
of, this Agreement, Indemnitee shall be entitled to recover from the Company,
and shall be indemnified by the Company against, any and all Expenses actually
and reasonably incurred by him or her in such judicial adjudication or
arbitration. If it shall be determined in said judicial adjudication or
arbitration that Indemnitee is entitled to receive part but not all of the
indemnification or advancement of Expenses sought, Indemnitee shall be entitled
to recover from the Company, and shall be indemnified by the Company against,
any and all Expenses reasonably incurred by Indemnitee in connection with such
judicial adjudication or arbitration.

 

(e)           The Company shall be precluded from
asserting in any judicial proceeding or arbitration commenced pursuant to this Section 13
that the procedures and presumptions of this Agreement are not valid, binding
and enforceable and shall stipulate in any such court or before any such
arbitrator that the Company is bound by all the provisions of this Agreement.

 

(f)            The Company shall indemnify Indemnitee to
the fullest extent permitted by applicable law against all Expenses and, if
requested by Indemnitee, shall (within ten (10) days after the Company’s
receipt of such written request) advance to Indemnitee, to the fullest extent
permitted by applicable law, such Expenses which are incurred by Indemnitee in connection
with any judicial proceeding or arbitration brought by Indemnitee (i) to
enforce his or her rights under, or to recover damages for breach of, this Agreement
or any other indemnification agreement or provision of the Charter or the By-laws
now or hereafter in effect or (ii) for recovery or advances under any
insurance policy maintained by any person or the Company for the benefit of Indemnitee,
regardless of whether Indemnitee ultimately is determined to be entitled to
such indemnification, advance or insurance recovery, as the case may be.

 

14.           NON-EXCLUSIVITY; SURVIVAL OF RIGHTS;
INSURANCE; SUBROGATION.

 

(a)           The rights of Indemnitee as provided by this
Agreement shall not be deemed exclusive of any other rights to which Indemnitee
may at any time be entitled under applicable law, the Company’s Certificate of
Incorporation, the By-laws, any agreement, a vote of stockholders or a
resolution of directors, or otherwise. No amendment, alteration or repeal of
this Agreement or of any provision hereof shall limit or restrict any right of
Indemnitee under this Agreement in respect of any action taken or omitted by
such Indemnitee in his or her Corporate Status prior to such amendment,

 

12

 

alteration or repeal. To the extent that a change in applicable law,
whether by statute or judicial decision, permits greater rights than would be
afforded currently under the Charter, the By-laws or this Agreement, it is the
intent of the parties hereto that Indemnitee shall enjoy by this Agreement the
greater benefits so afforded by such change. No right or remedy herein
conferred is intended to be exclusive of any other right or remedy, and every
other right and remedy shall be cumulative and in addition to every other right
and remedy given hereunder or now or hereafter existing at law or in equity or
otherwise. The assertion or employment of any right or remedy hereunder, or
otherwise, shall not prevent the concurrent assertion or employment of any
other right or remedy.

 

(b)           To the extent that the Company maintains an
insurance policy or policies providing liability insurance for directors,
officers, trustees, partners, members, fiduciaries, employees, or agents of the
Company or of any other Enterprise which such person serves at the request of
the Company, 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
such director, trustee, partner, member, fiduciary, officer, employee or agent
under such policy or policies. If, at the time the Company receives notice from
any source of a Proceeding as to which Indemnitee is a party or a participant
(as a witness or otherwise), the Company has director and officer liability
insurance in effect, the Company shall give prompt notice of such Proceeding to
the insurers 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.

 

(c)           In the event of any payment under this Agreement,
the Company shall be subrogated to the extent of such payment to all of the
rights of recovery of Indemnitee, who shall execute all papers required and
take all action necessary to secure such rights, including execution of such
documents as are necessary to enable the Company to bring suit to enforce such
rights.

 

(d)           The Company shall not be liable under this
Agreement to pay any amounts otherwise indemnifiable hereunder (or for which
advancement is provided hereunder) if and to the extent that Indemnitee has
otherwise actually received such payment under any insurance policy, contract,
agreement or otherwise.

 

(e)           The Company’s obligation to indemnify or
advance Expenses hereunder to Indemnitee who is or was serving at the request
of the Company as a director, officer, trustee, partner, member, fiduciary,
employee or agent of any other Enterprise shall be reduced by any amount
Indemnitee has actually received as indemnification or advancement of Expenses
from such Enterprise.

 

15.           DURATION OF AGREEMENT. This Agreement
shall continue until and terminate upon the later of: (a) ten (10) years
after the date that Indemnitee shall have ceased to serve as a director or
officer of the Company or as a director, officer, trustee, partner, member,
fiduciary, employee or agent of any other corporation, partnership, joint
venture, trust, employee benefit plan or other Enterprise which Indemnitee
served at the

 

13

 

request of the Company, and (b) one (1) year after the final
termination of any Proceeding (including any rights of appeal thereto) then
pending in respect of which Indemnitee is granted rights of indemnification or
advancement of Expenses hereunder and of any Proceeding commenced by Indemnitee
pursuant to Section 13 of this Agreement relating thereto (including any
rights of appeal of any such Proceeding). This Agreement shall be binding upon
the Company and its respective successors and assigns and shall inure to the
benefit of Indemnitee and his or her heirs, executors and administrators. The
Company will require any successor (whether direct or indirect, by purchase,
merger, consolidation, reorganization or otherwise) and any acquiror of all or
substantially all of the business or assets of the Company by agreement in form
and substance reasonably satisfactory to Indemnitee and/or his or her counsel,
expressly to assume and agree to perform this Agreement in the same manner and
to the same extent the Company would be required to perform it if no such succession
had taken place.

 

16.           SEVERABILITY. If any provision or
provisions of this Agreement shall be held to be invalid, illegal or
unenforceable for any reason whatsoever: (a) the validity, legality and
enforceability of the remaining provisions of this Agreement (including,
without limitation, each portion of any section of this Agreement containing
any such provision held to be invalid, illegal or unenforceable, that is not
itself invalid, illegal or unenforceable) shall not in any way be affected or
impaired thereby and shall remain enforceable to the fullest extent permitted
by law; (b) such provision or provisions shall be deemed reformed to the
extent necessary to conform to applicable law and to give the maximum effect to
the intent of the parties hereto; and (c) to the fullest extent possible,
the provisions of this Agreement (including, without limitation, each portion
of any section, paragraph or sentence of this Agreement containing any such
provision held to be invalid, illegal or unenforceable, that is not itself
invalid, illegal or unenforceable) shall be construed so as to give effect to
the intent manifested thereby.

 

17.           ENFORCEMENT AND BINDING EFFECT.

 

(a)           The Company expressly confirms and agrees
that it has entered into this Agreement and assumed the obligations imposed on
it hereby in order to induce Indemnitee to serve, or continue to serve, as a
director or officer of the Company, and the Company acknowledges that
Indemnitee is relying upon this Agreement in serving, or continuing to serve, as
a director or officer of the Company.

 

(b)           Without limiting any rights of Indemnitee
under the Charter or the By-laws, this Agreement constitutes the entire
agreement between the parties hereto with respect to the subject matter hereof
and supersedes all prior agreements and understandings, oral, written and
implied, between the parties hereto with respect to the subject matter hereof.

 

(c)           The rights to indemnification and
advancement of Expenses provided by, or granted pursuant to, this Agreement shall
continue as to an Indemnitee who has ceased to be a director or officer of the
Company and shall inure to the benefit of Indemnitee and his or her spouse,
assigns, heirs, devisees, executors, administrators and other legal
representatives.

 

14

 

18.           MODIFICATION AND WAIVER. No
supplement, modification or amendment of this Agreement shall be binding unless
executed in writing by the parties hereto. No waiver of any of the provisions
of this Agreement shall be deemed or shall constitute a waiver of any other
provisions of this Agreement nor shall any waiver constitute a continuing
waiver.

 

19.           NOTICE BY INDEMNITEE. Indemnitee
agrees promptly to notify the Company in writing upon being served with any
summons, citation, subpoena, complaint, indictment, information or other
document relating to any Proceeding or matter which may be subject to
indemnification or advancement of Expenses hereunder. The failure of Indemnitee
to so notify the Company shall not relieve the Company of any obligation which
it may have to Indemnitee under this Agreement or otherwise.

 

20.           NOTICES. All notices, requests,
demands and other communications under this Agreement shall be in writing and
shall be deemed to have been duly given if delivered by hand and receipted for
by the party to whom said notice or other communication shall have been
directed, or mailed by certified or registered mail with postage prepaid, on
the third (3rd) business day after the date on which it is so mailed:

 

(a)           If to Indemnitee, at the address indicated
on the signature page of this Agreement, or such other address as
Indemnitee shall provide in writing to the Company.

 

(b)           If to the Company to:

 

Orbitz
Worldwide, Inc.

500 West
Madison Street, Suite 1000

Chicago,
Illinois 60661

Attention:
General Counsel

 

or to any other address as may have been furnished to Indemnitee in
writing by the Company.

 

21.           CONTRIBUTION. To the fullest extent
permissible under applicable law, if the indemnification rights provided for in
this Agreement are unavailable to Indemnitee in whole or in part for any reason
whatsoever, the Company, in lieu of indemnifying Indemnitee, shall contribute
to the amount incurred by Indemnitee, whether for judgments, fines, penalties,
amounts paid or to be paid in settlement and/or for Expenses, in connection
with any Proceeding relating to an indemnifiable event under this Agreement, in
such proportion as is deemed fair and reasonable in light of all of the
circumstances of such Proceeding in order to reflect (a) the relative
benefits received by the Company and Indemnitee as a result of the event(s) and/or
transaction(s) giving rise to such Proceeding and/or (b) the relative
fault of the Company (and its directors, officers, employees and agents) and
Indemnitee in connection with such event(s) and/or transaction(s).

 

22.           APPLICABLE LAW AND CONSENT TO
JURISDICTION. This Agreement and the legal relations among the parties
shall be governed by, and construed

 

15

 

and enforced in accordance with, the laws of the State of Delaware,
without regard to its conflict of laws rules. Except with respect to any
arbitration commenced by Indemnitee pursuant to Section 13(a) of this
Agreement, the Company and Indemnitee hereby irrevocably and unconditionally (a) agree
that any action or proceeding arising out of or in connection with this
Agreement shall be brought only in the Delaware Court, and not in any other
state or federal court in the United States of America or any court in any
other country, (b) consent to submit to the exclusive jurisdiction of the
Delaware Court for purposes of any action or proceeding arising out of or in
connection with this Agreement, (c) waive any objection to the laying of
venue of any such action or proceeding in the Delaware Court, and (d) waive,
and agree not to plead or to make, any claim that any such action or proceeding
brought in the Delaware Court has been brought in an improper or inconvenient
forum or is subject (in whole or in part) to any trial by jury.

 

23.           IDENTICAL COUNTERPARTS. This
Agreement may be executed in one or more counterparts, each of which shall for
all purposes be deemed to be an original but all of which together shall
constitute one and the same Agreement. Only one such counterpart signed by the
party against whom enforceability is sought needs to be produced to evidence
the existence of this Agreement.

 

24.           MISCELLANEOUS. The headings of the sections
of this Agreement are inserted for convenience only and shall not be deemed to
constitute part of this Agreement or to affect the construction thereof.

 

[Signatures
appear on the next page.]

 

16

 

IN WITNESS WHEREOF, the parties have caused
this Agreement to be signed as of the day and year first above written.

 

	
   

  	
  INDEMNITEE:

  
	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  Name:

  
	
   

  	
  Address:

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  ORBITZ WORLDWIDE, INC.

  
	
   

  	
   

  
	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
  Name:

  
	
   

  	
  Title:

  
				

 

17Exhibit 10.2

 

RESTRICTED
STOCK UNIT AWARD AGREEMENT

 

THIS RESTRICTED STOCK UNIT
AWARD AGREEMENT (“Agreement”) is
made as of
                ,
20     by and between Orbitz Worldwide, Inc., a
Delaware corporation (“Orbitz”), and
the employee whose name is set forth on the signature page hereto (“Employee”).

 

RECITALS

 

Orbitz has adopted the
Orbitz Worldwide, Inc. 2007 Equity and Incentive Plan (the “Plan”), a copy of which is attached hereto as Exhibit A.

 

In connection with Employee’s
employment by Orbitz or one of its subsidiaries (collectively, the “Company”), Orbitz intends concurrently
herewith to grant the RSUs (as defined below) to Employee.

 

NOW, THEREFORE, in
consideration of the foregoing premises and the mutual promises set forth in
this Agreement, and for other good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, the parties to this Agreement,
intending to be legally bound, agree as follows:

 

SECTION 1

DEFINITIONS

 

1.1.          Definitions.  Capitalized terms not otherwise defined
herein shall have the meanings ascribed to them in the Plan.  In addition to the terms defined in the Plan,
the terms below shall have the following respective meanings:

 

“Agreement” has the meaning specified in the Preamble.

 

“Board” means the board of directors of Orbitz (or, if
applicable, any committee of the Board).

 

[“Cause”
shall have the meaning assigned such term in any employment agreement entered
into between the Company and Employee, provided that if no such
employment agreement exists or such term is not defined, then “Cause”
shall mean (A) Employee’s failure substantially to perform Employee’s
duties to the Company (other than as a result of total or partial incapacity
due to Disability) for a period of 10 days following receipt of written notice
from any Company by Employee of such failure; provided that it is
understood that this clause (A) shall not apply if a Company terminates
Employee’s employment because of dissatisfaction with actions taken by Employee
in the good faith performance of Employee’s duties to the Company, (B) theft
or embezzlement of property of the Company or dishonesty in the performance of
Employee’s duties to the Company, (C) an act or acts on Employee’s part
constituting (x) a felony under the laws of the United States or any state
thereof or (y) a crime

 

 

involving moral turpitude, (D) Employee’s
willful malfeasance or willful misconduct in connection with Employee’s duties
or any act or omission which is materially injurious to the financial condition
or business reputation of the Company or its affiliates, or (E) Employee’s
breach of the provisions of any agreed-upon non-compete, non-solicitation or
confidentiality provisions agreed to with the Company, including pursuant to
this Agreement and pursuant to any employment agreement.](1)

 

“Company” has the meaning specified in the Recitals.

 

[“Disability” shall have the meaning assigned such term in any
employment agreement entered into between the Company and Employee, provided
that if no such employment agreement exists or such term is not defined, then “Disability”
shall mean Employee shall have become physically or mentally incapacitated and
is therefore unable for a period of nine (9) consecutive months or for an
aggregate of twelve (12) months in any eighteen (18) consecutive month period
to perform Employee’s duties under Employee’s employment.  Any question as to the existence of the
Disability of Employee as to which Employee and the Company cannot agree shall
be determined in writing by a qualified independent physician mutually
acceptable to Employee and the Company. 
If Employee and the Company cannot agree as to a qualified independent
physician, each shall appoint such a physician and those two physicians shall
select a third who shall make such determination in writing.  The determination of Disability made in
writing to the Company and Employee shall be final and conclusive for all
purposes of this Agreement and any other agreement between the Company and
Employee that incorporates the definition of “Disability”.](2)

 

“Employee” has the meaning specified in the Preamble.

 

“Grant Date” means the date hereof.

 

“Orbitz”
has the meaning specified in the Preamble.

 

“Share”
means one share of the common stock, par value $0.01 per share, of Orbitz.

 

SECTION 2

GRANT OF RESTRICTED STOCK UNITS

 

Subject to the terms and
conditions hereof, Orbitz hereby grants to Employee, as of the Grant Date,
[                ]
restricted stock units (the “RSUs”).  Each RSU granted hereunder shall represent
the right to receive from the Company, on the terms and conditions described
herein, in the sole discretion of the Board, either (i) one Share as of
the date of vesting or (ii) cash equal to the fair market value (as
determined by the Board in good faith) of one Share as of the date of vesting
(and, as provided herein, distributions thereon).  Employee shall have no further rights 

 

(1) Only include for SVP and above.

(2) Only include for SVP and above.

 

2

 

with respect to any RSU that is paid in Shares or cash, or that is
forfeited or terminates pursuant to this Agreement or the Plan.

 

SECTION 3

TERMS OF RESTRICTED STOCK
UNITS

 

3.1.          Vesting
Schedule.

 

(a)           Subject to the provisions of this
Agreement and the Plan, 25% of the RSUs shall vest on the first, second, third
and fourth anniversary of the Grant Date; provided, however, that
no vesting shall occur after the termination of Employee’s employment with the
Company for any reason, and any unvested RSUs shall be immediately cancelled by
the Company without consideration after termination of Employee’s employment
with the Company for any reason.

 

(b)           [Notwithstanding the foregoing, the
RSUs shall become fully vested immediately prior to a Change in Control.](3) 
[The RSUs shall be treated in accordance with the provisions of Section 7
of the Plan in the event of a Change in Control.](4)

 

(c)           [Notwithstanding the foregoing, upon
any termination of Employee’s employment with the Company by the Company
without Cause, the RSUs which would have become vested had the Employee
remained employed by the Company through one year from the date of such
termination shall become immediately vested as of the date of such
termination.](5)

 

(d)           The Board may determine at any time
before the RSUs expire or terminate that any or all of the RSUs shall become
vested at any time.

 

3.2.          Dividends.  Employee shall be entitled to be credited
with dividend equivalents with respect to the RSUs, calculated as follows:  on each date that a cash dividend is paid by
the Company while the RSUs are outstanding, Employee shall be credited with an
additional number of RSUs equal to the number of whole Shares (valued at fair
market value (as determined by the Board in good faith) on such date) that
could be purchased on such date with the aggregate dollar amount of the cash
dividend that would have been paid on the RSUs had the RSUs been issued as
Shares.  The additional RSUs credited
under this Section shall be subject to the same terms and conditions
applicable to the RSUs originally awarded hereunder, including, without
limitation, for purposes of vesting and forfeiture and crediting of additional
dividend equivalents.

 

(3) Full and automatic accelerated
vesting for SVP and above.

(4) Accelerated vesting at discretion of
Board for levels below SVP.

(5) One year forward vesting for SVP and
above.

 

3

 

3.3.          Termination of Employment.  [Subject to Section 3.1(c)],(6) if
Employee’s employment with the Company terminates for any reason, the RSUs, to
the extent not then vested, shall be immediately canceled by the Company
without consideration.

 

3.4.          Limited Transferability.  The RSUs may not be sold, assigned,
transferred, pledged, hypothecated or otherwise disposed of or encumbered,
other than by will or the laws of inheritance following Employee’s death.

 

3.5.          Forfeiture.  Notwithstanding
anything herein to the contrary, if the Board determines in good faith that
Employee has (i) willfully engaged in misconduct which is materially and
demonstrably injurious to the Company; (ii) willfully and knowingly
participated in the preparation or release of false or materially misleading
financial statements relating to the Company’s operations and financial
condition; (iii) committed a willful act of fraud, embezzlement or
misappropriation of any money or properties of the Company or breach of
fiduciary duty against the Company that has a material adverse effect on the
Company; or (iv) breached any noncompetition or confidentiality covenants
for the benefit of the Company applicable to Employee (including, without
limitation, the covenants set forth in Section 4 below) during Employee’s
employment or following termination of Employee’s employment, then:

 

(a)           the RSUs, to the extent not then
vested, shall be immediately canceled by the Company without consideration,

 

(b)           Employee shall repay to the Company
any cash received pursuant to the vesting of any RSU within five (5) years
prior to the date of Board determination of (i), (ii), or (iii) above or
within three (3) years prior to the date of Board determination of (iv) above,

 

(c)           any Shares acquired pursuant to the
vesting of any RSU within five (5) years prior to the date of Board
determination of (i), (ii), or (iii) above or within three (3) years
prior to the date of Board determination of (iv) above and then held by
Employee shall be forfeited and returned to the Company without consideration,
and

 

(d)           in the event Employee has sold or
otherwise disposed of Shares acquired pursuant to the vesting of any RSU within
five (5) years prior to the date of Board determination of (i), (ii), or (iii) above
or within three (3) years prior to the date of Board determination of (iv) above,
Employee shall pay to the Company the greater of (x) any proceeds received
from such sale or other disposition, or (y) the fair market value (as
determined by the Board in good faith) of such Shares as of the date of Board
determination of misconduct or breach.

 

(6) Insert for SVP and above.

 

4

 

SECTION 4

 

NON-COMPETITION AND
CONFIDENTIALITY

 

4.1.          Non-Competition.

 

(a)           From the date hereof while employed
by the Company and for a one-year period following the date Employee ceases to
be employed by the Company (the “Restricted
Period”), irrespective of the cause, manner or time of any
termination, Employee shall not use his or her status with the Company to
obtain loans, goods or services from another organization on terms that would
not be available to him or her in the absence of his or her relationship to the
Company.

 

(b)           During the Restricted Period,
Employee shall not make any statements or perform any acts intended to or which
may have the effect of advancing the interest of any Competitors of the Company
or any of its affiliates or in any way injuring the interests of the Company or
any of its affiliates and the Company and its affiliates shall not make or
authorize any person to make any statement that would in any way injure the
personal or business reputation or interests of Employee; provided, however,
that, subject to Section 4.2, nothing herein shall preclude the Company
and its affiliates or Employee from giving truthful testimony under oath in
response to a subpoena or other lawful process or truthful answers in response
to questions from a government investigation; provided further, however,
that nothing herein shall prohibit the Company and its affiliates from
disclosing the fact of any termination of Employee’s employment or the
circumstances for such a termination. 
For purposes of this Section 4.1(b), the term “Competitor” means any enterprise or
business that is engaged in, or has plans to engage in, at any time during the
Restricted Period, any activity that competes with the businesses conducted
during or at the termination of Employee’s employment, or then proposed to be
conducted, by the Company and its affiliates in a manner that is or would be
material in relation to the businesses of the Company or the prospects for the
businesses of the Company (in each case, within 100 miles of any geographical
area where the Company or its affiliates manufactures, produces, sells, leases,
rents, licenses or otherwise provides its products or services).  During the Restricted Period, Employee,
without prior express written approval by the Board, shall not (A) engage
in, or directly or indirectly (whether for compensation or otherwise) manage,
operate, or control, or join or participate in the management, operation or
control of a Competitor, in any capacity (whether as an employee, officer,
director, partner, consultant, agent, advisor, or otherwise), (B) develop,
expand or promote, or assist in the development, expansion or promotion of, any
division of an enterprise or the business intended to become a Competitor at
any time after the end of the Restricted Period or (C) own or hold a
Proprietary Interest in, or directly furnish any capital to, any Competitor of
the Company.  Employee acknowledges that
the Company’s and its affiliates businesses are conducted nationally and
internationally and agrees that the provisions in the foregoing sentence shall
operate throughout the United States and the world (subject to the definition
of “Competitor”).

 

(c)           During the Restricted Period,
Employee, without express prior written approval from the Board, shall not
solicit any of the then current Clients of the Company or any of its affiliates
or potential Clients of the Company or any of its affiliates with
whom Employee has had dealings or learned confidential information within
the six (6) months prior to the date Employee ceases to be
employed by the Company for any existing business of the Company or any of its
affiliates or discuss with any employee of the Company or any of its affiliates
information or operations of any business intended to compete with the Company
or any of its affiliates.  For purposes
of this Section 4.1(c), the term “Client”
means suppliers and corporate clients including but not limited to airlines,
hotels and companies with corporate accounts with 

 

5

 

the Company, but shall not include individual “end-users”
or ultimate individual consumers of the Company’s services.

 

(d)           During the Restricted Period,
Employee shall not interfere with the employees or affairs of the Company or
any of its affiliates or solicit or induce any person who is an employee of the
Company or any of its affiliates to terminate any relationship such person may
have with the Company or any of its affiliates, nor shall Employee during such
period directly or indirectly engage, employ or compensate, or cause or permit
any Person with which Employee may be affiliated, to engage, employ or
compensate, any employee of the Company or any of its affiliates.

 

(e)           For the purposes of this Agreement, “Proprietary Interest” means any legal,
equitable or other ownership, whether through stock holding or otherwise, of an
interest in a business, firm or entity; provided that ownership of less
than 5% of any class of equity interest in a publicly held company shall not be
deemed a Proprietary Interest.

 

(f)            From the date hereof while employed
by the Company and thereafter, Employee shall not make any disparaging or
defamatory comments regarding the Company or, after termination of his or her
employment relationship with the Company, make any comments concerning any
aspect of the termination of their relationship.  The obligations of Employee under this
paragraph shall not apply to disclosures required by applicable law, regulation
or order of any court or governmental agency.

 

(g)           From the date hereof while employed
by the Company and thereafter, upon the Company’s reasonable request, Employee
will use reasonable efforts to assist and cooperate with the Company in
connection with the defense or prosecution of any claim that may be made
against or by the Company or its affiliates arising out of events occurring
during Employee’s employment, or in connection with any ongoing or future
investigation or dispute or claim of any kind involving the Company or its
affiliates, including any proceeding before any arbitral, administrative,
regulatory, self-regulatory, judicial, legislative, or other body or
agency.  Employee will be entitled to
reimbursement for reasonable out-of-pocket expenses (including travel expenses)
incurred in connection with providing such assistance.

 

(h)           The period of time during which the
provisions of this Section 4.1 shall be in effect shall be extended by the
length of time during which Employee is in breach of the terms hereof as
determined by any court of competent jurisdiction on the Company’s application
for injunctive relief.

 

(i)            Employee agrees
that the restrictions contained in this Section 4.1 are an essential
element of the compensation Employee is granted hereunder and but for Employee’s
agreement to comply with such restrictions, the Company would not have entered
into this Agreement.

 

(j)            It is expressly
understood and agreed that although Employee and the Company consider the
restrictions contained in this Section 4.1 to be reasonable, if a final
judicial determination is made by a court of competent jurisdiction that the
time or territory or any other restriction contained in this Agreement is an
unenforceable restriction against 

 

6

 

Employee, the provisions of this Agreement shall not
be rendered void but shall be deemed amended to apply as to such maximum time
and territory and to such maximum extent as such court may judicially determine
or indicate to be enforceable. 
Alternatively, if any court of competent jurisdiction finds that any
restriction contained in this Agreement is unenforceable, and such restriction
cannot be amended so as to make it enforceable, such finding shall not affect
the enforceability of any of the other restrictions contained herein.

 

4.2.          Confidentiality.

 

(a)           Employee will not at any time
(whether during or after Employee’s employment with the Company) (x) retain
or use for the benefit, purposes or account of Employee or any other Person; or
(y) disclose, divulge, reveal, communicate, share, transfer or provide
access to any Person outside the Company (other than its professional advisers
who are bound by confidentiality obligations), any non-public, proprietary or
confidential information (including without limitation trade secrets, know-how,
research and development, software, databases, inventions, processes, formulae,
technology, designs and other intellectual property, information concerning
finances, investments, profits, pricing, costs, products, services, vendors,
customers, clients, partners, investors, personnel, compensation, recruiting,
training, advertising, sales, marketing, promotions, government and regulatory
activities and approvals) concerning the past, current or future business,
activities and operations of the Company or its affiliates and/or any third
party that has disclosed or provided any of same to the Company on a
confidential basis (“Confidential Information”)
without the prior written authorization of the Board.

 

(b)           “Confidential Information” shall not
include any information that is (i) generally known to the industry or the
public other than as a result of Employee’s breach of this covenant or any
breach of other confidentiality obligations by third parties; (ii) made
legitimately available to Employee by a third party without breach of any
confidentiality obligation; or (iii) required by law to be disclosed; provided
that Employee shall give prompt written notice to the Company of such
requirement, disclose no more information than is so required, and cooperate,
at the Company’s cost, with any attempts by the Company to obtain a protective
order or similar treatment.

 

(c)           Except as
required by law, Employee will not disclose to anyone, other than Employee’s immediate
family and legal or financial advisors, the existence or contents of this
Agreement (unless this Agreement shall be publicly available as a result of a
regulatory filing made by the Company or its affiliates); provided that
Employee may disclose to any prospective future employer the provisions of Section 4
of this Agreement provided they agree to maintain the confidentiality of such
terms.

 

(d)           Upon
termination of Employee’s employment with the Company for any reason, Employee
shall (x) cease and not thereafter commence use of any Confidential
Information or intellectual property (including without limitation, any patent,
invention, copyright, trade secret, trademark, trade name, logo, domain name or
other source indicator) owned or used by the Company or its affiliates; (y) immediately
destroy, delete, or return to the Company, at the Company’s option, all
originals and copies in any form or medium (including memoranda, books, papers,
plans, computer files, letters and other data) in Employee’s 

 

7

 

possession or control (including any of the
foregoing stored or located in Employee’s office, home, laptop or other
computer, whether or not Company property) that contain Confidential
Information or otherwise relate to the business of the Company and its
affiliates, except that Employee may retain only those portions of any personal
notes, notebooks and diaries that do not contain any Confidential Information;
and (z) notify and fully cooperate with the Company regarding the delivery
or destruction of any other Confidential Information of which Employee is or
becomes aware.

 

4.3.          Intellectual Property.

 

(a)           If Employee has created,
invented, designed, developed, contributed to or improved any works of authorship,
inventions, intellectual property, materials, documents or other work product
(including without limitation, research, reports, software, databases, systems,
applications, presentations, textual works, content, or audiovisual materials)
(“Works”), either alone or with
third parties, prior to Employee’s employment by the Company, that are relevant
to or implicated by such employment (“Prior
Works”), Employee hereby grants the Company a perpetual,
non-exclusive, royalty-free, worldwide, assignable, sublicensable license under
all rights and intellectual property rights (including rights under patent,
industrial property, copyright, trademark, trade secret, unfair competition and
related laws) therein for all purposes in connection with the Company’s current
and future business.

 

(b)           If Employee
creates, invents, designs, develops, contributes to or improves any Works,
either alone or with third parties, at any time during Employee’s employment by
the Company and within the scope of such employment and/or with the use of any
the Company resources (“Company Works”),
Employee shall promptly and fully disclose same to the Company and hereby
irrevocably assigns, transfers and conveys, to the maximum extent permitted by
applicable law, all rights and intellectual property rights therein (including
rights under patent, industrial property, copyright, trademark, trade secret,
unfair competition and related laws) to the Company to the extent ownership of
any such rights does not vest originally in the Company.

 

(c)           Employee agrees
to keep and maintain adequate and current written records (in the form of
notes, sketches, drawings, and any other form or media requested by the
Company) of all Company Works.  The
records will be available to and remain the sole property and intellectual
property of the Company at all times.

 

(d)           Employee shall
take all requested actions and execute all requested documents (including any
licenses or assignments required by a government contract) at the Company’s
expense (but without further remuneration) to assist the Company in validating,
maintaining, protecting, enforcing, perfecting, recording, patenting or
registering any of the Company’s rights in the Prior Works and Company
Works.  If the Company is unable for any
other reason to secure Employee’s signature on any document for this purpose,
then Employee hereby irrevocably designates and appoints the Company and its
duly authorized officers and agents as Employee’s agent and attorney in fact,
to act for and in Employee’s behalf and stead to execute any documents and to
do all other lawfully permitted acts in connection with the foregoing.

 

8

 

(e)           Employee shall
not improperly use for the benefit of, bring to any premises of, divulge, disclose,
communicate, reveal, transfer or provide access to, or share with the Company
any confidential, proprietary or non-public information or intellectual
property relating to a former employer or other third party without the prior
written permission of such third party. 
Employee hereby indemnifies, holds harmless and agrees to defend the
Company and its officers, directors, partners, employees, agents and
representatives from any breach of the foregoing covenant.  Employee shall comply with all relevant policies
and guidelines of the Company, including regarding the protection of
confidential information and intellectual property and potential conflicts of
interest.  Employee acknowledges that the
Company may amend any such policies and guidelines from time to time, and that
Employee remains at all times bound by their most current version.

 

4.4.          Specific Performance.  Employee acknowledges and agrees that the
Company’s remedies at law for a breach or threatened breach of any of the
provisions of this Section 4 would be inadequate and the Company would
suffer irreparable damages as a result of such breach or threatened
breach.  In recognition of this fact,
Employee agrees that, in the event of such a breach or threatened breach, in
addition to any remedies at law, the Company, without posting any bond, shall
be entitled to cease making any payments or providing any benefit otherwise
required by this Agreement and obtain equitable relief in the form of specific
performance, temporary restraining order, temporary or permanent injunction or
any other equitable remedy which may then be available.  Without limiting the generality of the
foregoing, neither party shall oppose any motion the other party may make for
any expedited discovery or hearing in connection with any alleged breach of
this Section 4.

 

4.5.          Survival.  The provisions of this Section 4 shall
survive the termination of Employee’s employment for any reason.

 

SECTION 5

MISCELLANEOUS

 

5.1.          Tax
Issues and Withholding. 
Employee acknowledges that he or she is relying solely on his or her own
tax advisors and not on any statements or representations of the Company or any
of its agents.  Employee understands that
he or she (and not the Company) shall be responsible for any tax liability that
may arise as a result of the transactions contemplated by this Agreement.  The Company’s obligations under this
Agreement shall be subject to all applicable tax and other withholding
requirements, and the Company shall, to the extent permitted by law, have the
right to deduct any withholding amounts from any payment or transfer of any
kind otherwise due to Employee.

 

5.2.          Compliance with IRC Section 409A.  Notwithstanding anything herein to the
contrary, (i) if at the time Employee is a “specified employee” as defined
in Section 409A of the Internal Revenue Code (“Section 409A”)
and the deferral of the commencement of any payments or benefits otherwise
payable hereunder is necessary in order to prevent any accelerated or
additional tax under Section 409A, then the Company will defer the
commencement of the payment of any such payments or benefits hereunder (without
any reduction in such payments or benefits ultimately paid or provided to
Employee) until the date 

 

9

 

that is six months following Employee’s separation from service with the
Company (or the earliest date as is permitted under Section 409A) and (ii) if
any other payments of money or other benefits due to Employee hereunder could
cause the application of an accelerated or additional tax under Section 409A,
such payments or other benefits shall be deferred if deferral will make such
payment or other benefits compliant under Section 409A, or otherwise such
payment or other benefits shall be restructured, to the extent possible, in a
manner, determined by the Board, that does not cause such an accelerated or
additional tax.  The Company shall
consult with Employee in good faith regarding the implementation of the
provisions of this Section 5.2; provided that neither the Company
nor any of its employees or representatives shall have any liability to
Employee with respect thereto.

 

5.3.          Employment
of Employee.  Nothing in
this Agreement confers upon Employee the right to continue in the employ of the
Company or any of its affiliates, entitles Employee to any right or benefit not
set forth in this Agreement or interferes with or limits in any way the right
of the Company to terminate Employee’s employment.

 

5.4.          Stockholder Rights.  Employee shall not have any stockholder rights
(including the right to distributions or dividends) with respect to any Shares
subject to the RSUs until such person has become a holder of record of any
Shares issued upon vesting, provided that Employee may be entitled to
the benefits set forth in Section 3.2 of this Agreement.

 

5.5.          Equitable Adjustments.  The RSUs shall be subject to adjustment as
provided in Section 5 of the Plan.

 

5.6.          Calculation
of Benefits.  Neither the
RSUs nor any Shares issued pursuant to vesting of the RSUs shall be deemed
compensation or taken into account for purposes of determining benefits or
contributions under any retirement or other qualified or nonqualified plans of
the Company or any employment/severance or change in control agreement to which
Employee is a party and shall not affect any benefits, or contributions to
benefits, under any other benefit plan of any kind or any applicable law or
regulation now or subsequently in effect under which the availability or amount
of benefits or contributions is related to level of compensation.  It is specifically agreed by the parties that
any benefits that Employee may receive or derive from this Agreement will not
be considered as salary for calculating any severance payment that may be
payable to Employee in the event of a termination of his or her employment.

 

5.7.          Remedies.

 

(a)           The rights and remedies provided by
this Agreement are cumulative and the use of any one right or remedy by any
party shall not preclude or waive its right to use any or all other
remedies.  These rights and remedies are
given in addition to any other rights the parties may have at law or in equity.

 

(b)           Except where a time period is
otherwise specified, no delay on the part of any party in the exercise of any
right, power, privilege or remedy hereunder shall operate as a waiver thereof,
nor shall any exercise or partial exercise of any such right, power, privilege
or 

 

10

 

remedy preclude any further exercise thereof or the
exercise of any right, power, privilege or remedy.

 

5.8.          Waivers
and Amendments.  The
respective rights and obligations of the Company and Employee under this
Agreement may be waived (either generally or in a particular instance, either
retroactively or prospectively, and either for a specified period of time or
indefinitely) by such respective party. 
This Agreement may be amended only with the written consent of a duly
authorized representative of each of the parties hereto.

 

5.9.          Governing
Law.  This Agreement shall
be governed by and construed in accordance with the laws of the State of
Illinois.

 

5.10.        CONSENT
TO JURISDICTION.

 

(a)           EACH
OF THE PARTIES HERETO HEREBY CONSENTS TO THE EXCLUSIVE JURISDICTION OF ALL
STATE AND FEDERAL COURTS LOCATED IN THE STATE OF ILLINOIS, AS WELL AS TO THE
JURISDICTION OF ALL COURTS TO WHICH AN APPEAL MAY BE TAKEN FROM SUCH
COURTS, FOR THE PURPOSE OF ANY SUIT, ACTION OR OTHER PROCEEDING ARISING OUT OF,
OR IN CONNECTION WITH, THIS AGREEMENT OR ANY OF THE TRANSACTIONS CONTEMPLATED
HEREBY, INCLUDING, WITHOUT LIMITATION, ANY PROCEEDING RELATING TO ANCILLARY
MEASURES IN AID OF ARBITRATION, PROVISIONAL REMEDIES AND INTERIM RELIEF, OR ANY
PROCEEDING TO ENFORCE ANY ARBITRAL DECISION OR AWARD.  EACH PARTY HEREBY EXPRESSLY WAIVES ANY AND
ALL RIGHTS TO BRING ANY SUIT, ACTION OR OTHER PROCEEDING IN OR BEFORE ANY COURT
OR TRIBUNAL OTHER THAN THE COURTS DESCRIBED ABOVE AND COVENANTS THAT IT SHALL
NOT SEEK IN ANY MANNER TO RESOLVE ANY DISPUTE OTHER THAN AS SET FORTH IN THIS SECTION 5.10
OR TO CHALLENGE OR SET ASIDE ANY DECISION, AWARD OR JUDGMENT OBTAINED IN
ACCORDANCE WITH THE PROVISIONS HEREOF.

 

(b)           EACH
OF THE PARTIES HERETO HEREBY EXPRESSLY WAIVES ANY AND ALL OBJECTIONS IT MAY HAVE
TO VENUE, INCLUDING, WITHOUT LIMITATION, THE INCONVENIENCE OF SUCH FORUM, IN
ANY OF SUCH COURTS.  IN ADDITION, EACH OF
THE PARTIES CONSENTS TO THE SERVICE OF PROCESS BY PERSONAL SERVICE OR ANY
MANNER IN WHICH NOTICES MAY BE DELIVERED HEREUNDER IN ACCORDANCE WITH SECTION 5.14
OF THIS AGREEMENT.

 

5.11.        Waiver
of Jury Trial.  EACH OF
THE PARTIES HERETO HEREBY VOLUNTARILY AND IRREVOCABLY WAIVES TRIAL BY JURY IN
ANY ACTION OR OTHER PROCEEDING BROUGHT IN CONNECTION WITH THIS AGREEMENT OR ANY
OF THE TRANSACTIONS CONTEMPLATED HEREBY.

 

11

 

5.12.        Successors
and Assigns.  Except as
otherwise expressly provided herein, the provisions hereof shall inure to the
benefit of, and be binding upon, the successors, permitted assigns, heirs,
executors and administrators of the parties hereto.

 

5.13.        Entire Agreement.  This Agreement constitutes the entire
agreement and understanding of the parties hereto with respect to the subject
matter contained herein and supersedes all prior communications,
representations and negotiations in respect thereto.

 

5.14.        Notices.  All demands, notices, requests, consents and
other communications required or permitted under this Agreement shall be in
writing and shall be personally delivered or sent by facsimile machine (with a
confirmation copy sent by one of the other methods authorized in this Section 5.14), reputable
commercial overnight delivery service (including Federal Express and U.S.
Postal Service overnight delivery service) or, deposited with the U.S. Postal
Service mailed first class, registered or certified mail, postage prepaid, as
set forth below:

 

If to the Company, addressed to:

 

Orbitz Worldwide, Inc.

Legal Department

500 W. Madison Street

Chicago, Illinois 60606

Attention:  General Counsel

Fax:  (312) 894-4856

 

If to Employee, to the address set forth on
the signature page of this Agreement or at the current address listed in
the Company’s records.

 

Notices shall be deemed
given upon the earlier to occur of (i) receipt by the party to whom such
notice is directed; (ii) if sent by facsimile machine, on the day (other than
a Saturday, Sunday or legal holiday in the jurisdiction to which such notice is
directed) such notice is sent if sent (as evidenced by the facsimile confirmed
receipt) prior to 5:00 p.m. Eastern Time and, if sent after 5:00 p.m.
Eastern Time, on the day (other than a Saturday, Sunday or legal holiday in the
jurisdiction to which such notice is directed) after which such notice is sent;
(iii) on the first business day (other than a Saturday, Sunday or legal
holiday in the jurisdiction to which such notice is directed) following the day
the same is deposited with the commercial courier if sent by commercial
overnight delivery service; or (iv) the fifth day (other than a Saturday,
Sunday or legal holiday in the jurisdiction to which such notice is directed)
following deposit thereof with the U.S. Postal Service as aforesaid.  Each party, by notice duly given in
accordance therewith, may specify a different address for the giving of any
notice hereunder.

 

5.15.        No
Third Party Beneficiaries. 
There are no third party beneficiaries of this Agreement.

 

5.16.        Incorporation of Plan;
Acknowledgment.  The Plan
as may be amended from time to time is hereby incorporated herein by reference
and made a part hereof, and the RSUs and this Agreement are subject to all terms
and conditions of the Plan.  In the event
of any 

 

12

 

inconsistency between the Plan and this Agreement,
the provisions of the Plan shall govern. 
By signing this Agreement, Employee acknowledges having received and
read a copy of the Plan.

 

5.17.        Consent.  In the course of Employee’s employment, the
Company may obtain or have access to certain information about Employee and
Employee’s employment, such as information about Employee’s job, appraisals,
performance, health, compensation, benefits, training, absence, education,
contact details, disabilities, social security number (or equivalent) and
information obtained from references or background checks (collectively, “Personal Information”). 
The Company will use Personal Information in connection with Employee’s
employment, to provide Employee with health and other benefits, and in order to
fulfill its legal and regulatory obligations. 
Due to the global nature of the Company’s business and the need to centralize
the Company’s information and technology storage systems, the Company may
transfer, use or store Employee’s Personal Information in a country or
continent outside the country where Employee works or lives, and may also
transfer Employee’s Personal Information to its other group companies, to its
insurers and service providers as necessary or appropriate, and to any party
that it merges with or which purchases all or a substantial portion of its
assets, shares, or business (any of which may also be located outside the
country or continent where Employee works or lives).  The Company may also disclose Employee’s
Personal Information when it is legally required to do so or to governmental,
fiscal or regulatory authorities (for example, to tax authorities in order to
calculate Employee’s appropriate taxation, compensation or salary
payments).  The Company may disclose
Personal Information as noted above, including to any of the third parties and
for any of the reasons listed above, without further notice to Employee.  By signing below, Employee consents to the
Company collecting, retaining, disclosing and using Personal Information as
outlined above, and to transfer such information internationally and/or to
third parties for these purposes.

 

5.18.        Severability; Titles and
Subtitles; Gender; Singular and Plural; Counterparts; Facsimile.

 

(a)           In case any provision of this
Agreement shall be invalid, illegal or unenforceable, the validity, legality
and enforceability of the remaining provisions of this Agreement shall not in
any way be affected or impaired thereby.

 

(b)           The titles of the sections and
subsections of this Agreement are for convenience of reference only and are not
to be considered in construing this Agreement.

 

(c)           The use of any gender in this Agreement
shall be deemed to include the other genders, and the use of the singular in
this Agreement shall be deemed to include the plural (and vice versa), wherever
appropriate.

 

(d)           This Agreement may be executed in any
number of counterparts, each of which shall be an original, but all of which
together constitute one instrument.

 

(e)           Counterparts of this Agreement (or
applicable signature pages hereof) that are manually signed and delivered
by facsimile transmission shall be deemed to constitute signed original
counterparts hereof and shall bind the parties signing and delivering in such
manner.

 

13

 

IN WITNESS WHEREOF, Orbitz
and Employee have executed this Agreement as of the day and year first written
above.

 

 

	
   

  	
   

  	
  Orbitz Worldwide, Inc.

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
  Name:

  
	
   

  	
   

  	
  Title:

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Employee:

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Name:

  
	
   

  	
   

  	
  Address:

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Telephone No.

  	
   

  
	
   

  	
   

  	
  Fax No.

  	
   

  
	
   

  	
   

  	
  WWID No.:

  	
   

  
						

 

Number of RSUs: 
[                                ]

 

14

 

Exhibit A – 2007 Equity and
Incentive Plan

 

(Distributed Separately)

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