Document:

Exhibit
10.6

 

 

THE NEW YORK TIMES COMPANY

SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN

 

 

 

 

 

 

 

 

 

 

 

Effective
January 1, 1983,

Amended and Restated Effective February 19, 1987

Amended May 5, 1989

Amended and Restated Effective January 1, 1993

Amended and Restated Effective January 1, 2004

 

 

THE NEW YORK TIMES COMPANY

 

SUPPLEMENTAL
EXECUTIVE RETIREMENT PLAN

 

 

PURPOSE

 

The
Supplemental Executive Retirement Plan is designed to provide a benefit which,
when added to the retirement income provided under other Company plans, will
ensure the payment of a competitive level of retirement income to key senior
executives of The New York Times Company, thereby providing an additional
incentive for assuring orderly management succession. Eligibility for
participation in the Plan shall be limited to executives designated by the
Executive Committee. This Plan become effective on January 1, 1983, and
shall be effective as to each Participant on the date he or she is designated
as such hereunder.

 

2

 

SECTION I

 

DEFINITIONS

 

1.1.                              “Basic Plan” means the qualified defined benefit pension plan to which the Company
makes or has made contributions on behalf of a designated Participant
(including, but not limited to The New York Times Companies Pension Plan, The
Guild-Times Pension Plan, The New York Times Company Retirement Annuity Plan
(non-contributory portion)) and any excess benefit plan (within the meaning of
Section 3(36) of the Employee Retirement Income Security Act of 1974) pursuant
to which the Company makes payments to or on behalf of a designated
Participant.

 

1.2.                              “Basic Plan Benefit” means the amount of benefit payable to a
Participant under any Basic Plan, assuming immediate commencement of payments
as of the date of Retirement, with benefits payable in the form of a straight
life annuity.

 

1.3                                 “Child” means a natural or legally adopted
child of a Participant and his/her Surviving Spouse.

 

1.4                                 “Company” means The New York Times Company and its subsidiaries and affiliates.

 

1.5                                 “Dependent Child” means any unmarried Child
who resides with a Participant or a Surviving Spouse at the time of
Participant’s or the Surviving Spouse’s death, as applicable.

 

1.6                                 “Executive
Committee” or “Committee” means a committee consisting of the Chairman
and the President of The New York Times Company.

 

1.7                                 “Final Average Earnings” means effective April 1, 2000,the average of the highest consecutive sixty (60)
months of Earnings out of the last one hundred twenty

 

3

 

(120) months preceding the date on which the
Participant retires or terminates employment multiplied by twelve (12).
“Earnings” for any
calendar year shall include the Participant’s base salary, annual cash bonuses and sales commissions paid during
such year, and shall exclude any other compensation (such as deferred incentive
compensation under the Long-Range Incentive Plan, retirement units, performance
awards under the Executive Incentive Award Plan and stock options under the
1974 Incentive Stock Option Plan, the Employee Stock Purchase Plan and any
successor plans) and any contributions to or benefits under this Plan or any
other pension, profit-sharing, stock bonus or other plan of deferred
compensation; except that amounts deferred under a non-qualified deferred
compensation plan and/or amounts which the Company contributes to a plan on
behalf of the Participant pursuant to a salary reduction agreement which are
not includible in the Participant’s gross income under Section 125, 402(e)(3),
492(h) or 403(b) of the Code shall be included.

 

1.8                                 “Key Executive Position” means a position so
designated by the Committee.

 

1.9                                 “Participant” means a key senior executive of
the Company who has been designated as a Participant by the Committee. An
executive shall become a Participant in the Plans as of the date he or she is
individually selected by, and specifically named by the Committee for inclusion
in the Plan. If a participant is reclassified to a responsibility that is not a
Key Executive Position, the Participant’s continuing eligibility will be
subject to the approval of the Committee.

 

1.10                           “Plan” means The New York Times Company
Supplemental Executive Retirement Plan.

 

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1.11                           “Retirement” means the termination of a
Participant’s employment with the Company on one of the retirement dates
specified in Section 2.1.

 

1.12                           “Service” means the Participant’s service for
vesting purposes as defined in the Basic Plan, up to a maximum of twenty (20)
years, and shall include any additional service credit in specific situations
as may be authorized by the Committee. Additionally, service shall include any
credits for service pursuant to a buyout plan or agreement accepted by a
Participant.

 

1.13                           “Surviving Spouse” means the Participant’s
spouse who qualifies for a surviving spouse’s benefit under the Basic Plan in
the event of a Participant’s death before retirement.

 

1.14                           The masculine gender, where appearing in the
Plan, will be deemed to include the feminine gender, and the singular may
include the plural, unless the context clearly indicates the contrary.

 

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SECTION II

 

ELIGIBILITY FOR BENEFITS

 

2.1.                              Each Participant with ten (10) or
more years of Service shall be eligible to retire and receive a benefit under
this Plan beginning on one of the following dates:

 

(a)  “Normal
Retirement Date,” which is the first day of the month following the month in
which the Participant reaches age sixty-five (65).

 

(b)  “Early
Retirement Date,” which is the first day of any month following (i) the
Participant’s sixtieth (60th) birthday when an election to
retire has been made in accordance with Section 4.1(a), or (ii) if the
Committee consents to the Participant’s early retirement, the Participant’s fifty-fifth (55th) birthday.

 

(c) 
“Postponed Retirement Date,” which in the case of a Participant who
terminates his employment with the Company after his Normal Retirement Date, is
the first day of the month next following the month in which the Participant
terminates employment with the Company.

 

2.2.                              For purposes of determining a Participant’s
age under this plan and retirement dates thereunder, the age of a Participant
shall include any age credit pursuant to a buyout plan or agreement accepted by
a Participant.

 

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SECTION III

 

AMOUNT OF AND FORM RETIREMENT BENEFIT

 

3.1.                              The annual retirement benefit payable at
Normal Retirement Date under the Plan shall equal the excess, if any, of (a) fifty percent
(50)% of the Final Average Earnings
(prorated at two and one-half percent (2.5%)
times Final Average Earnings times years of Service for Service of less than twenty (20)
years) over (b) the sum of the Basic Plan Benefits payable as of the
Participant’s Normal Retirement Date.

 

3.2.                              The annual benefit payable at an Early
Retirement Date shall equal the benefit determined using the formula in
Section 3.1, reduced by four percent (4%)
for each year (one-third (1/3)
of one percent (1%)
for each month) benefits commenced prior to age sixty (60), less the sum of the
annual Basic Plan Benefits payable as of the Participant’s Early Retirement
Date.

 

3.3.                              The annual benefit payable at a Postponed
Retirement Date shall be equal to the benefit determined in accordance with
Section 3.1 based on the Participant’s Service and Final Average Earnings
as of the Participant’s Normal Retirement Date.

 

3.4.                              Retirement Benefits payable under this Plan
shall be payable at the same time and in the same manner as benefits under the
Basic Plan (except the Level Income options), unless otherwise determined by
the Company. Once in pay status, a Participant may not change the form of
benefit payable under the Plan.

 

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SECTION IV

 

PAYMENT OF
RETIREMENT BENEFITS

 

4.1.                                                      (a)  A Participant with ten (10) or
more years of Service who is age sixty (60) or older, may elect to retire under
the Plan by giving a minimum of six months’ notice to the Committee (unless such
notice is waived by the Committee).

 

(b)         A
Participant with ten (10) or
more years of Service who is not eligible for early retirement under
Section 4.1(a) may request retirement under this Plan as of the first of
any month between the ages of fifty-five (55) and sixty
(60), but such request shall be subject
to the approval of the Committee which may approve or deny the request based on
the needs of the Company.  If the request
is denied, the Committee and the Participant will defer such Retirement under this
Plan for a mutually agreed upon period time. This will not preclude the right
of the Participant to retire under the Basic Plan, in which case the
Participant will not be entitled to any benefit hereunder.

 

4.2.                              Benefits payable in accordance with Section III
will commence on the Participant’s date of Retirement under Section 2.1.
Plan payments must begin immediately upon Retirement and may not be deferred.
Benefits will continue to be paid on the first day of each succeeding month.
The last payment will be on the first day of the month in which the retired
Participant dies unless an optional form of benefit was elected in accordance
with Section 3.4.

 

8

 

SECTION V

 

DEATH BENEFITS

 

5.1.                                                      (a)          If a
Participant dies while actively employed by the Company or while receiving
Long-Term Disability benefits from the Company and (i) a Surviving Spouse is
eligible to receive benefits under the provisions of a Basic Plan and (ii) the
Participant had ten (10) or more
years of Service and (iii) the Participant’s age plus Service equaled or exceeded sixty-five (65), the Surviving Spouse shall be entitled to
receive an annual benefit commencing as of the month following the month in
which the Participant’s death occurs in an amount equal to fifty percent
(50%) of the amount of the Participant’s accrued benefit as of his date of
death determined in accordance with Section III in which case the sum of
the Basic Plan Benefits actually payable as of each respective benefit payment
date hereunder shall be substituted for the sum of the Basic Plan Benefits
payable as of the Participant’s Normal Retirement Date. The reduction described
in Section 3.2 for the early payment of benefits shall not apply to this
benefit.

 

(b)         If
there is no Surviving Spouse, but there are dependent children under age twenty-three
(23), or if the Surviving Spouse dies
while there are dependent children under age twenty-three (23), the Surviving Spouse’s benefits will be
shared equally by each such child until he or she reaches the age of twenty-three
(23).

 

5.2.                              The Surviving Spouse’s benefit will be
payable monthly, and will commence on the first day of the month following the
month in which the Participant dies. The last payment will be made on the first
day of the month in which the Surviving Spouse dies, or, where
Section 5.1(b) applies, the date a dependent child reaches age twenty-three
(23) or dies.

 

9

 

SECTION VI

 

FORFEITURE OF BENEFIT

 

Notwithstanding
any other provision of this Plan, if at any time during which a Participant is
entitled to receive payments under the Plan, the Participant elects to engage
in any business or practice or become employed in any position, which the
Committee, in its sole discretion, deems to be in competition with the Company
or any of its business or interests, or which is deemed by the Committee, in
its sole discretion, to be otherwise prejudicial to any of its interests, or
such Participant fails to make himself available to the Company for reasonable
consultation and other services, the Committee, in its sole discretion, may
cause the Participant’s entire interest in benefits otherwise payable under the
Plan to be forfeited and discontinued, or may cause the Participant’s payments
of benefits under the Plan to be limited or suspended until such Participant is
no longer engaging in the conduct above or for such other period the Committee
finds advisable under the circumstances, or may take any other action the
Committee, in its sole discretion, deems appropriate. The decision of the
Committee shall be final. The omission or failure of the Committee to exercise
this right at any time shall not be deemed a waiver of its right to exercise
such right in the future. The exercise of discretion will not create a
precedent in any future cases.

 

10

 

SECTION VII

 

MISCELLANEOUS

 

7.1                                 This
Plan shall be binding on the Company and its successors and assigns. In
furtherance of the foregoing, the Company may assign its obligations to make
payments under this Plan to any successor to all or substantially all of the
Company’s business.

 

7.2.                              The Committee may, in its sole discretion,
terminate, suspend or amend this Plan at any time or from time to time, in
whole or in part. However, no amendment or suspension of the Plan will affect a
retired Participant’s right or the right of a Surviving Spouse or other
beneficiary to continue to receive a benefit in accordance with this Plan as in
effect on the date such Participant commenced to receive a benefit under this
Plan.

 

7.3.                              Nothing contained herein will confer upon any
Participant or other employee the right to be retained in the service of the
Company nor will it interfere with the right of the Company to discharge or
otherwise deal with Participants and other employees without regard to the
existence of this Plan.

 

7.4.                              This Plan is intended to meet the Employee
Retirement Income Security Act’s definition of “an unfunded plan for management
or other highly compensated individuals” and, as such, the Company will make
Plan benefit payments solely on a current disbursement basis out of general
assets of the Company.

 

7.5.                              To the maximum extent permitted by law, no
benefit under this Plan will be assignable or subject in any manner to
alienation, sale, transfer, claims of creditors, pledge, attachment or
encumbrances of any kind.

 

7.6.                              The Committee may adopt rules and regulations
and hire an individual or an entity to assist it in the administration of the
Plan.

 

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7.7.                              This Plan is established under and will be
construed according to the laws of the State of New York.

 

7.8.                              Claims. If any Participant, beneficiary or other
properly interested party is in disagreement with any determination that has
been made under the Plan, a claim may be presented, but only in accordance with
the procedures set forth herein.

 

(a)                                  Original Claim. Any Participant, beneficiary or other
properly interested party may, if he/she so desires, file with the Committee a
written claim for benefits or a determination under the Plan. Within ninety
(90) days after the filing of such a claim, the Committee shall notify the
claimant in writing whether the claim is upheld or denied in whole or in part
or shall furnish the claimant a written notice describing specific special
circumstances requiring a specified amount of additional time (but not more
than one hundred eighty (180) days from the date the claim was filed) to reach
a decision in the claim. If the claim is denied in whole or in part, the
Committee shall state in writing:

 

(i)                                     the reasons for the denial;

 

(ii)                                  the references to the pertinent
provisions of this Plan on which the denial is based;

 

(iii)                               a description of any additional material or
information necessary for the claimant to perfect the claim and an explanation
of why such material or information is necessary; and

 

(iv)                              an explanation of the claims review procedure
set forth in this section.

 

(b)                                 Claim Review Procedure. Within sixty (60) days after receipt of
notice that a claim has been denied in whole or in part, the claimant may file
with

 

12

 

the
Committee a written request for a review and may, in conjunction therewith,
submit written issues and comments. Within sixty (60) days after the filing of
such a request for review, the Committee shall notify the claimant in writing
whether, upon review, the claim was upheld or denied in whole or in part or
shall furnish the claimant a written notice describing specific special
circumstances requiring a specified amount of additional time (but not more
than one hundred twenty (120) days from the date the request for review was
filed) to reach a decision on the request for review.

 

(c)                                  General Rules.

 

(i)                                     No inquiry or question shall be deemed to be
a claim or a request for a review of a denied claim unless made in accordance
with the foregoing claims procedure. The Committee may require that any claim
for benefits and any request for a review of denied claim be filed on forms to
be furnished by the Committee upon request.

 

(ii)                                  All decisions on claims and on requests for a
review of denied claims shall be made by the Committee. The decisions of the
Committee shall be final, binding and conclusive upon all persons.

 

(iii)                               The decision of the Committee on a claim and
on a request for a review of a denied claim shall be served on the claimant in
writing. If a decision or notice is not received by a claimant within the time
specified, the claim or request for a review of a denied claim shall be deemed
to have been denied.

 

(iv)                              Prior
to filing a claim or a request for a review of a denied claim, the claimant or
the claimant’s representative shall have a reasonable opportunity to review a
copy of this Plan and all other pertinent documents in the possession of the
Company and the Committee.

 

13

 

(v)                                 The individuals serving on the Committee
shall, except as prohibited by law, be indemnified and held harmless by the
employer from any and all liabilities, costs, and expenses (including legal
fees), to the extent not covered by liability insurance arising out of any
action taken by any individual of this Committee with respect to this Plan, unless
such liability arises from the individual’s claim for such individual’s own
benefit, the proven gross negligence, bad faith, or (if the individual had
reasonable cause to believe such conduct was unlawful) the criminal conduct of
such individual. This indemnification shall continue as to an individual who
has ceased to be a member of the Committee for the employer and shall enure to
the benefit of the heirs, executors and administrators of such an individual.

 

14

 

APPENDIX I

 

Everything in this Plan to the contrary
notwithstanding, the following Participants shall have benefits under this Plan
as provided in their respective agreements with the Company as follows:

 

1.               Lance R. Primis: as per his agreement with the Company dated
December 4, 1996.

 

15<Page>

                                                                     Exhibit 4.6

                              AMENDED AND RESTATED
                   AGREEMENT REGARDING REGISTRATION OF SHARES

         This AMENDED AND RESTATED AGREEMENT REGARDING REGISTRATION OF SHARES
("AGREEMENT") is made as of August 4, 2004 by and between NAVTEQ Corporation
("COMPANY") and NavPart I B.V. ("STOCKHOLDER").

         WHEREAS, on April 20, 2004, the Company has filed a registration
statement on Form S-1 (as amended, "REGISTRATION STATEMENT") with the Securities
and Exchange Commission under the Securities Act of 1933, as amended ("ACT"), to
register the offer and sale of certain shares of the Company's common stock,
$0.001 par value, held by Philips Consumer Electronic Services B.V. ("PHILIPS")
pursuant to a firm commitment underwritten public offering ("OFFERING"); and

         WHEREAS, the Stockholder has requested that the Company register the
offer and sale under the Act certain shares of the Company's common stock it
holds ("STOCKHOLDER SHARES") by including such shares in the Registration
Statement; and

         WHEREAS, the Company has indicated its willingness to include such
Stockholder Shares in the Registration Statement, and on May 17, 2004, the
Company and Stockholder entered into an Agreement Regarding Registration of
Shares ("Original Agreement"); and

         WHEREAS, since the date of the Original Agreement certain events have
occurred that all parties agree require an amendment of the terms and conditions
specified in the Original Agreement;.

         NOW, THEREFORE, in consideration of the mutual promises and covenants
contained herein, the parties agree as follows:

1.       AGREEMENT TO REGISTER SHARES. Subject to the conditions set forth
herein, the Company agrees to use its commercially reasonable efforts to
register the Stockholder Shares by including such shares in the Registration
Statement. The number of Stockholder Shares to be registered will be determined
through consultation with Credit Suisse First Boston LLC and Merrill Lynch &
Co., the Underwriters of the Offering. Such number of shares may be increased or
decreased at any time prior to the completion of the Offering in the sole
discretion of the Underwriters.

2.       CONDITIONS TO COMPANY'S OBLIGATION. In addition to the condition set
forth in Section 5 below, the obligations of the Company to include the
Stockholder Shares in the Registration Statement are expressly subject to the
following conditions:

         (a)   the Stockholder shall become a party to the Underwriting
Agreement between the Company, the Underwriters, Philips and the Stockholder;

         (b)   the Stockholder cooperates with the Company and the Underwriters
as requested by the Company and/or Underwriters in connection with the
Registration Statement and the Offering, including, without limitation,
providing such information as is requested by them for

<Page>

inclusion in the Registration Statement and executing such agreements,
acknowledgments and certificates as are customary in transactions of this type;

         (c)   Philips consents to the inclusion of the Stockholder Shares in
the Registration Statement; and

         (d)   the Registration Statement is not withdrawn and/or the Offering
is not completed for any reason.

3.       FEES AND EXPENSES. The Company shall be responsible for the Securities
and Exchange Commission, National Association of Securities Dealers, Inc., New
York Stock Exchange and "blue sky" law registration, qualification and
compliance fees and expenses in connection with the registration of the
Stockholder Shares. The Selling Stockholder shall be responsible for all
underwriting discounts, selling commissions and transfer taxes, if any,
applicable to the sale of the Stockholder Shares., and the fees and expenses of
its counsel.

4.       NO OTHER REGISTRATION RIGHTS. The Stockholder acknowledges and agrees
that the Company's agreement to register the Stockholder Shares pursuant to this
Agreement does not create any further right of Stockholder to have any of its
shares registered in any subsequent registration of the offer and sale of
Company securities under the Act (whether in an offering by the Company or for
the account of any Company securityholder). The Stockholder further acknowledges
and agrees that nothing in this Agreement is intended to make the Stockholder a
party to or confer upon such Stockholder any rights set forth in that certain
Registration Rights Agreement dated as of March 29, 2001 by and between the
Company and Philips.

5.       AGREEMENT OF UNDERWRITERS. The obligations of the Company and the
rights of the Stockholder under this Agreement are expressly conditioned on the
consent and agreement of the Underwriters to include the Stockholder Shares in
the Offering. In the event that the Underwriters determine, in their sole
discretion, not to include the Stockholder Shares in the Offering, the Company's
obligations under this Agreement shall cease and be of no further force or
effect.

6.       REASONABLE INVESTIGATION. In connection with the preparation and filing
of the Registration Statement and the completion of the Offering, the Company
will provide the Stockholder reasonable and customary access to the Company's
books and records and such opportunities to discuss the business of the Company
with its officers as shall be reasonably necessary to conduct a reasonable
investigation within the meaning of the Act.

7.       REPRESENTATIONS, WARRANTIES AND AGREEMENTS OF STOCKHOLDER. This
Agreement has been duly authorized, executed and delivered by or on behalf of
Stockholder. Stockholder has, and at the closing of the Offering will have,
valid title to the Stockholder Shares free and clear of all security interests,
claims, liens, equities or other encumbrances and the legal right and power, and
all authorization and approval required by law, to enter into this Agreement and
to sell, transfer and deliver the Stockholder Shares.

                                       -2-
<Page>

8.       INDEMNIFICATION AND CONTRIBUTION.

         (a)   INDEMNIFICATION BY THE COMPANY. The Company shall indemnify and
hold harmless Stockholder, and its officers and directors and each Person who
controls Stockholder within the meaning of Section 15 of the Securities Act or
Section 20 of the Exchange Act (each such person being sometimes referred to as
an "INDEMNIFIED PERSON") against any losses, claims, damages or liabilities,
joint or several, to which such Indemnified Person may become subject under the
Securities Act or otherwise, insofar as such losses, claims, damages or
liabilities (or actions in respect thereof) arise out of or are based upon an
untrue statement or alleged untrue statement of a material fact contained in the
Registration Statement, or any Prospectus contained therein, or any amendment or
supplement thereto, or arise out of or are based upon the omission or alleged
omission to state therein a material fact required to be stated therein or
necessary to make the statements therein not misleading, and the Company hereby
agrees to reimburse such Indemnified Person for any legal or other expenses
reasonably incurred by them in connection with investigating or defending any
such action or claim as such expenses are incurred; PROVIDED, HOWEVER, that the
Company shall not be liable to any such Indemnified Person in any such case to
the extent that any such loss, claim, damage or liability arises out of or is
based upon an untrue statement or alleged untrue statement or omission or
alleged omission made in the Registration Statement or Prospectus, or amendment
or supplement, in reliance upon and in conformity with information furnished to
the Company by Stockholder.

         (b)   INDEMNIFICATION BY STOCKHOLDER. Stockholder agrees to (i)
indemnify and hold harmless the Company, and its directors and officers who sign
the Registration Statement and each Person, if any, who controls the Company
within the meaning of either Section 15 of the Securities Act or Section 20 of
the Exchange Act, against any losses, claims, damages or liabilities to which
the Company or such other persons may become subject, under the Securities Act
or otherwise, insofar as such losses, claims, damages or liabilities (or actions
in respect thereof) arise out of or are based upon an untrue statement or
alleged untrue statement of a material fact contained in the Registration
Statement or Prospectus, or any amendment or supplement, or arise out of or are
based upon the omission or alleged omission to state therein a material fact
required to be stated therein or necessary to make the statements therein not
misleading, in each case to the extent, but only to the extent, that such untrue
statement or alleged untrue statement or omission or alleged omission was made
in reliance upon and in conformity with information furnished to the Company by
Stockholder, and (ii) reimburse the Company for any legal or other expenses
reasonably incurred by the Company in connection with investigating or defending
any such action or claim as such expenses are incurred.

(c)      NOTICES OF CLAIMS, ETC. Promptly after receipt by an indemnified party
under subsection (a) or (b) above of notice of the commencement of any action,
such indemnified party shall, if a claim in respect thereof is to be made
against an indemnifying party under this Section 8, notify such indemnifying
party in writing of the commencement thereof; but the omission so to notify the
indemnifying party shall not relieve it from any liability which it may have to
any indemnified party otherwise than under this Section 8. In case any such
action shall be brought against any indemnified party and it shall notify an
indemnifying party of the commencement thereof, such indemnifying party shall be
entitled to participate therein and, to the extent that it shall wish, jointly
with any other indemnifying party similarly notified, to assume the defense

                                       -3-
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thereof, with counsel reasonably satisfactory to such indemnified party (who
shall not, except with the consent of the indemnified party, be counsel to the
indemnifying party), and, after notice from the indemnifying party to such
indemnified party of its election so to assume the defense thereof, such
indemnifying party shall not be liable to such indemnified party under this
Section 8 for any legal expenses of other counsel or any other expenses, in each
case subsequently incurred by such indemnified party, in connection with the
defense thereof other than reasonable costs of investigation. No indemnifying
party shall, without the written consent of the indemnified party, effect the
settlement or compromise of, or consent to the entry of any judgment with
respect to, any pending or threatened action or claim in respect of which
indemnification or contribution may be sought hereunder (whether or not the
indemnified party is an actual or potential party to such action or claim)
unless such settlement, compromise or judgment (i) includes an unconditional
release of the indemnified party from all liability arising out of such action
or claim and (ii) does not include a statement as to, or an admission of, fault,
culpability or a failure to act, by or on behalf of any indemnified party.

         (d)   CONTRIBUTION. If the indemnification provided for in this Section
8 is unavailable to or insufficient to hold harmless an indemnified party under
subsection (a) or (b) above in respect of any losses, claims, damages or
liabilities (or actions in respect thereof) referred to therein, then each
indemnifying party shall contribute to the amount paid or payable by such
indemnified party as a result of such losses, claims, damages or liabilities (or
actions in respect thereof) in such proportion as is appropriate to reflect the
relative fault of the indemnifying party and the indemnified party in connection
with the statements or omissions which resulted in such losses, claims, damages
or liabilities (or actions in respect thereof), as well as any other relevant
equitable considerations. The relative fault of such indemnifying party and
indemnified party shall be determined by reference to, among other things,
whether the untrue or alleged untrue statement of a material fact or omission or
alleged omission to state a material fact relates to information supplied by
such indemnifying party or by such indemnified party, and the parties' relative
intent, knowledge, access to information and opportunity to correct or prevent
such statement or omission. The amount paid or payable by an indemnified party
as a result of the losses, claims, damages or liabilities (or actions in respect
thereof) referred to above shall be deemed to include any legal or other fees or
expenses reasonably incurred by such indemnified party in connection with
investigating or defending any such action or claim to the extent such fees or
expenses were incurred prior to an indemnifying party's election to assume the
defense of such action or claim. No person guilty of fraudulent
misrepresentation (within the meaning of Section 11(f) of the Securities Act)
shall be entitled to contribution from any person who was not guilty of such
fraudulent misrepresentation.

         (e)   LIMITATION. Notwithstanding any other provision of this Section
8, in no event will Stockholder be required to undertake liability to any Person
under this Section 8 for any amounts in excess of the dollar amount of the
proceeds to be received by Stockholder from the sale of Stockholder Shares in
the Offering.

         (f)   NON-EXCLUSIVE REMEDY. The obligations of the Company under this
Section 8 shall be in addition to any liability which the Company may otherwise
have to any Indemnified Person and the obligations of any Indemnified Person
under this Section 8 shall be in addition to any liability which such
Indemnified Person may otherwise have to the Company. The remedies

                                       -4-
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provided in this Section 8 are not exclusive and shall not limit any rights or
remedies which may otherwise be available to an indemnified party at law or in
equity.

9.       NON-TRANSFERABILITY. The rights and obligations of the Stockholder
under this Agreement may not be transferred or assigned without the written
agreement of the Company.

10.      GOVERNING LAW. This Agreement and the rights and obligations of the
parties hereto shall be governed by and construed in accordance with the laws of
the state of Delaware, but not including the choice of law rules thereof.

11.      ENTIRE AGREEMENT. This Agreement constitutes the full and entire
understanding and agreement of the parties with regard to the subject matters
described herein and supersedes and any and all prior agreements and
understandings between the parties with regard to the subject matters described
herein. This Agreement may be amended or modified only by written agreement of
the parties.

12.      EXECUTION IN COUNTERPARTS. This Agreement may be executed in any number
of counterparts, each of which shall be an original, but all of which together
shall constitute one instrument.

        [REMAINDER OF PAGE INTENTIONALLY BLANK - SIGNATURE PAGE FOLLOWS]

                                       -5-
<Page>

          [signature page - Agreement Regarding Registration Of Shares]

         IN WITNESS WHEREOF, the parties have executed this Agreement as of the
date first set forth above.

                                    COMPANY:

                                    NAVTEQ Corporation

                                    By:
                                          ----------------------------------
                                          Lawrence M. Kaplan
                                          Vice President and General Counsel

                                    STOCKHOLDER:

                                    NavPart I B.V.

                                    By:
                                             -----------------------------
                                    Name:   Dirk-Jan van Ommeren
                                    Title:  Director

                                       -6-

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