Document:

Contract of Employment

  
 Exhibit 10.1

 

 

 CONTRACT OF EMPLOYMENT 
 Entered into between: 
 FNDS3000 Corp, a US corporation registered in
Delaware and headquartered in 
 Jacksonville, Florida 

(Herein after referred to as “FNDS3000”) 
 And 
 Robert Klein 

(Herein after referred to as “Klein”, and together “the Parties”) 

 

	 	1.	Background 

 Klein, a Swiss
national, has for some time been working as an executive of ISMLTD and with a US L1 work Visa permitting him to be resident in the USA and to perform work for ISMLTD. ISMLTD is closely connected with FNDS3000, and Klein has provided services to
FNDS3000 as part of a contractual relationship between the two corporations. Klein’s efforts have been for the benefit of the US entity. The Parties now wish to take the relationship to the next stage, whereby Klein will cease most activities
with ISMLTD, and take employment with FNDS3000. This employment is taken in the USA, but Klein understands and agrees that he will, as soon as is practicable, be internally transferred to support the South African operations of FNDS3000. The date of
such internal transfer will be agreed between the Parties. This agreement defines the specifics of his employment as an internal transferee temporarily located within South Africa. 

 

	 	2.	Commencement 

 This contract will begin on
September 1 2010 and continue until terminated as set out in clause 5. 
  

	 	3.	Title and Role 

 Klein will be
designated as “Chief Executive Officer, South Africa”, and will report to such executive as the Chief Executive Officer of FNDS3000 Corp shall from time to time designate. Klein will have full executive authority over staff and actions in
South Africa. He will also work in coordination with other executives and staff in the company, including, without limitation, the Executive Vice President for Europe, the Middle East and Africa, the Chief Financial Officer and the Executive Vice
President for Strategy and Planning. 

  
  

4651 Salisbury Road, Suite #485 
 Jacksonville, FL 32256 
 Phone 904-273-2702
— Fax 904-273-7231 — www.FNDS3000.com 

 

 

  

  

	 	4.	Place of Work 

 To the extent instructed, Klein
will be required to work at the principal US locations of FNDS3000 in Jacksonville Florida and Atlanta, Georgia. As from the agreed date of internal transfer, Klein will be required to perform duties at the offices of FNDS3000 in South Africa.
However the company may from time to time require that Klein carries on his employment duties at premises or places other than the company’s offices, including if required the aforementioned US locations. 

 

	 	5.	Term of Employment 

 It is recognized by Klein
and FNDS3000 that the intention will be to recruit and develop a South African CEO, and that Klein’s employment is by its nature temporary. At the time of this contract Klein’s employment is expected to end December 31 2011, subject
to revision by mutual agreement. 
  

	 	6.	Salary 

 Klein will total
receive a gross annual package of US $200,000, subject to review from time to time by FNDS3000, in its sole discretion. Monthly salary will be paid by means of a direct bank deposit on the 25th of each month 
  

	 	7.	Temporary Living Costs. 

 In
recognition that Klein’s residence in South Africa is temporary, that he will maintain at least one home in another country or countries, and that his assignment to South Africa incurs a duplication of the expenses of living, FNDS3000 will
provide several facilities usual in such situations, such as temporary housing, transportation and schooling costs. FNDS3000 will also provide one return air trip per year, coach class or equivalent cost, for Klein and his family. The arrangements
for such facilities and limitations will be agreed from time to time between FNDS3000 and Klein. 
  

	 	8.	Governmental Programs. 

 FNDS3000
will also contribute to South African governmentally-required programs to the extent required by law and/or regulation and as agreed from time to time between Klein and FNDS3000. 

 

	 	9.	Medical Insurance 

 FNDS3000 will
procure that Klein and his family benefit from comprehensive medical insurance, and the Parties will separately agree whether this is best arranged by an individual policy, by coverage under the existing programs in the South African operations of
FNDS3000 or a combination of the two. 
  

	 	10.	Hours of Work 

 Klein has a role carrying high
executive responsibilities. He will be required to work the hours necessary to perform this executive function and this will often include work outside of normal office hours. Klein will not be eligible for overtime payment, and will be required to
manage his own hours. 
  

	 	11.	Public Holidays 

 Klein will be entitled to all
South African official public holidays on full pay. 

  
  

4651 Salisbury Road, Suite #485 
 Jacksonville, FL 32256 
 Phone 904-273-2702
— Fax 904-273-7231 — www.FNDS3000.com 

 

 

  

  

	 	12.	Annual Leave 

 Klein will entitled to 20 working
days leave per annum. Such leave is to be taken at a time convenient to FNDS3000. 
  

	 	13.	Sick Leave 

 During every sick leave cycle of 36
months Klein will be entitled to 30 working days sick leave. 
 During the first six months of employment Klein will be entitled to one
day’s paid sick leave for every 26 days worked. 
 Klein is required to advise FNDS3000 by 10am on the first day of any absence.

 A leave form is required to be completed for periods of sick leave and must be completed on your first day of return to duty. 

 

	 	14.	Other forms of leave 

 Klein may be entitled to
other forms of leave as laid down in the Basic Conditions of Employment Act and as per the company leave policy. 
  

	 	15.	Deductions from Remuneration 

 FNDS3000 may not
deduct any monies from the Klein’s salary unless the Klein has agreed to this in writing, unless such deduction is a statutory deduction e.g. PAYE /UIF. 
  

	 	16.	Other conditions of Employment: 

Klein will undertake to familiarize himself and comply with the FNDS3000’s Policy & Procedures, rules and regulations.

 Klein undertakes to act in the best interests of FNDS3000 at all times and to treat all information acquired during the course of his
employment with the highest level of confidentiality. 
 Klein undertakes not to divulge any information to any third party and acknowledge that
the failure to adhere to the provisions of this paragraph that results in material harm to FNDS3000 will constitute a breach entitling the FNDS3000 to immediately terminate Klein’s services and/or to recover damages of whatsoever nature that
the company may suffer as a result of such breach. This undertaking shall continue indefinitely in respect of information which is confidential and proprietary to the company and it’s customers and the methods of carrying on the business of the
company and shall cease only in respect of such information which comes into the public domain. 
 Klein is required to use his best endeavours
to properly conduct, improve, extend, promote, protect and preserve the business interests, reputation and goodwill of the company and carry out your duties in a proper, lawful and efficient manner. 

Klein may not hold positions of employment outside of FNDS3000 without its express and written permission. 

Any changes to this agreement will only be valid if they are in writing and have been agreed and signed by both parties. 

  
  

4651 Salisbury Road, Suite #485 
 Jacksonville, FL 32256 
 Phone 904-273-2702
— Fax 904-273-7231 — www.FNDS3000.com 

 

 

  

  
 Klein represents and declares that
any and all statements made and personal data given in connection with this employment are true and accurate. 
 THUS DONE AND SIGNED BY
FNDS3000 CORP AT ATLANTA, GEORGIA, USA ON THIS THIRTIETH DAY OF AUGUST 2010. 
 JOHN WATSON, EXECUTIVE VICE PRESIDENT, FOR AND ON BEHALF OF
FNDS3000 CORP, and 
 Robert Klein 

Witnesses: 
  

			
	  
	 	NAME
	  
	 	
		
	  
	 	NAME

  
  

4651 Salisbury Road, Suite #485 
 Jacksonville, FL 32256 
 Phone 904-273-2702
— Fax 904-273-7231 — www.FNDS3000.comForm of Indemnity Agreement

  
 Exhibit 10.1

 INDEMNITY AGREEMENT 
 THIS INDEMNITY AGREEMENT (this “Agreement”) is made and entered into as of October 19, 2010, by and between DDi Corp., a
Delaware corporation (the “Company”), and [Name] (“Covered Agent”). 

RECITALS 
 WHEREAS, Covered Agent performs a valuable service to the Company in his capacity as a director and/or officer of the Company; 

WHEREAS, the Company’s Bylaws, as amended and/or restated (the “Bylaws”), provide for the
indemnification of the directors, officers, employees and other agents of the Company, including persons serving at the request of the Company in such capacities with other corporations or enterprises, as authorized by the Delaware General
Corporation Law (the “DGCL”); 
 WHEREAS, the Bylaws and the DGCL, by their non-exclusive nature,
permit contracts between the Company and its directors, officers, employees and other agents with respect to indemnification of such persons; and 
 WHEREAS, in order to induce Covered Agent to continue to serve as a director and/or officer of the Company, the Company has determined and agreed to enter into this Agreement with Covered Agent.

 NOW, THEREFORE, in consideration of Covered Agent’s continued service as a director and/or officer of the Company
after the date hereof, the parties hereto agree as follows: 
 AGREEMENT 

1. Services to the Company. Covered Agent will serve, at the will of the Company or under separate contract, if any such contract exists, as a
director and/or officer of the Company or as a director, officer or other fiduciary, employee or agent of an affiliate of the Company, including any subsidiary or employee benefit plan of the Company (each, an “Affiliate”);
provided, however, that Covered Agent may at any time and for any reason resign from such position(s) (subject to any contractual obligation that Covered Agent may have assumed apart from this Agreement or any obligation imposed by operation
of law) and that neither the Company nor any Affiliate shall have an obligation under this Agreement to continue Covered Agent in any such position(s). This Agreement shall not be deemed an employment contract between the Company (or any of its
subsidiaries) and Covered Agent. The foregoing notwithstanding, this Agreement shall continue in force after Covered Agent has ceased to serve as a director and/or officer of the Company or as a director, officer, employee or agent of the Company or
any Affiliate. 

  
 2. Indemnity of Covered Agent.
The Company hereby agrees to hold harmless and indemnify Covered Agent to the fullest extent authorized or permitted by the provisions of the Bylaws and the DGCL, as the same may be amended from time to time (but only to the extent that such
amendment permits the Company to provide broader indemnification rights than the Bylaws or the DGCL permitted prior to adoption of such amendment). 
 3. Additional Indemnity. In addition to and not in limitation of the indemnification otherwise provided for herein, and subject only to the exclusions set forth in Section 4 hereof, the
Company hereby further agrees to hold harmless and indemnify Covered Agent: 
 (a) Against any and all Expenses (as defined
below) that Covered Agent becomes legally obligated to pay because of any claim or claims made against or by Covered Agent in connection with any threatened, pending or completed action, suit or proceeding, whether civil, criminal, arbitrational,
administrative or investigative, and whether formal or informal (including an action by or in the right of the Company), to which Covered Agent is, was or at any time becomes a party or a participant, including as a witness or otherwise, or is
threatened to be made a party or participant, by reason of the fact that Covered Agent is, was or at any time becomes a director, officer, employee or other agent of the Company, or is or was serving or at any time serves at the request of the
Company as a director, officer, employee or other agent of another corporation, partnership, joint venture, trust, employee benefit plan or other enterprise, including a subsidiary of the Company (collectively, a
“Proceeding”). The definition of Proceeding shall be considered met if Covered Agent in good faith believes the situation might lead to the institution of a Proceeding. “Expenses” shall mean all
expenses, including attorneys’ fees, witness fees, damages, judgments, fines and amounts paid in settlement, any federal, state, local or foreign taxes imposed on Covered Agent as a result of the actual or deemed receipt of any payments under
this Agreement, ERISA excise taxes and penalties imposed on Covered Agent, costs associated with any appeals, including without limitation the premium, security for, and other costs relating to any costs bond, supersedeas bond, or other appeal bond
or its equivalent, and any other amounts for time spent by Covered Agent for which Covered Agent is not compensated by the Company or any Affiliate or third party (i) for any period during which Covered Agent is not an agent of, in the
employment of, or providing services for compensation to, the Company or any Affiliate, and (ii) if the rate of compensation and the estimated time involved is approved by the members of the Company’s Board of Directors (the
“Board”) who are not parties to any action with respect to which expenses are incurred, for Covered Agent while an agent of, employed by, or providing services for compensation to the Company or any Affiliate. 

(b) Otherwise to the fullest extent as may be provided to Covered Agent by the Company under the non-exclusivity provisions of the DGCL
and the Bylaws, as the same may be amended from time to time (but only to the extent that such amendment permits the Company to provide broader indemnification rights than permitted prior to adoption of such amendment). 

4. Limitations on Additional Indemnity. No indemnity pursuant to Section 2 or 3 hereof shall be paid by the Company: 

(a) On account of any claim against Covered Agent solely for an accounting of profits made from the purchase or sale by Covered Agent of
securities of the Company pursuant 

  
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to the provisions of Section 16(b) of the Exchange Act (as defined below) (“Section 16(b)”), or similar provisions of any federal, state or local statutory law;
provided that, with respect to a claim against Covered Agent solely for an accounting of profits made from the purchase or sale by Covered Agent of securities of the Company pursuant to the provisions of Section 16(b), Covered
Agent shall be entitled to the advancement of legal expenses unless the Company reasonably determines that Covered Agent clearly violated Section 16(b) and must disgorge profits to the Company pursuant to the terms thereof. Notwithstanding
anything to the contrary stated or implied in this Section 4(a), indemnification pursuant to this Agreement relating to any Proceeding against Covered Agent for an accounting of profits made from the purchase or sale by Covered Agent of
securities of the Company pursuant to the provisions of Section 16(b) or similar provisions of any federal, state or local laws shall not be prohibited if Covered Agent ultimately establishes in any Proceeding that no recovery of such profits
from Covered Agent is permitted under Section 16(b) or similar provisions of any federal, state or local laws; 
 (b) for
which payment is actually made to Covered Agent under a valid and collectible insurance policy or under a valid and enforceable indemnity clause, bylaw or agreement, except in respect of any excess beyond payment under such insurance, clause, bylaw
or agreement; 
 (c) if indemnification is not lawful under applicable law; or 

(d) in connection with any Proceeding (or part thereof) initiated by Covered Agent, or any Proceeding by Covered Agent against the
Company or its directors, officers, employees or other agents, unless (i) such indemnification is expressly required to be made by law, (ii) the Proceeding was authorized by the Board, (iii) such indemnification is provided by the
Company, in its sole discretion, pursuant to the powers vested in the Company under the DGCL or any other applicable law, (iv) the Proceeding is initiated pursuant to Section 9 hereof, or (v) the Proceeding initiated by Covered Agent
is a cross-claim or counter-claim. 
 5. Continuation of Indemnity. All agreements and obligations of the Company contained herein shall
continue during the period Covered Agent is a director, officer, employee or other agent of the Company (or is or was serving at the request of the Company as a director, officer, employee or other agent of another corporation, partnership, joint
venture, trust, employee benefit plan or other enterprise) and shall continue thereafter so long as Covered Agent shall be subject to any Proceeding by reason of the fact that Covered Agent was serving in the capacity referred to herein. 

6. Partial Indemnification. Covered Agent shall be entitled under this Agreement to indemnification by the Company for a portion of the Expenses
that Covered Agent becomes legally obligated to pay in connection with any Proceeding referred to in Section 3 hereof even if not entitled hereunder to indemnification for the total amount thereof, and the Company shall indemnify Covered Agent
for the portion thereof to which Covered Agent is entitled. 
 7. Notification and Defense of Claim. Not later than 30 days after receipt
by Covered Agent of notice of the commencement of any Proceeding, Covered Agent will, if a claim in respect thereof is to be made against the Company under this Agreement, notify the Company of the commencement thereof; but the omission so to notify
the Company will not relieve the 

  
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Company from any liability which it may have to Covered Agent under this Agreement or otherwise than under this Agreement, except to the extent (solely with respect to the indemnity under this
Agreement) that such omission to notify materially prejudices the Company. With respect to any such Proceeding as to which Covered Agent notifies the Company of the commencement thereof: 

(a) the Company will be entitled to participate therein at its own expense; 

(b) except as otherwise provided below, the Company may, at its option and jointly with any other indemnifying party similarly notified
and electing to assume such defense, assume the defense thereof, with counsel reasonably satisfactory to Covered Agent. After notice from the Company to Covered Agent of its election to assume the defense thereof, the Company will not be liable to
Covered Agent under this Agreement for any expenses subsequently incurred by Covered Agent in connection with the defense thereof except for reasonable costs of investigation or otherwise as provided below. Covered Agent shall have the right to
employ separate counsel in such Proceeding, but the fees and expenses of such counsel incurred after notice from the Company of its assumption of the defense thereof shall be at the expense of Covered Agent unless (i) the employment of counsel
by Covered Agent has been authorized by the Company, (ii) Covered Agent has reasonably concluded, and so notified the Company, that there is an actual conflict of interest between the Company and Covered Agent in the conduct of the defense of
such action, (iii) the Company shall not in fact have employed counsel to assume the defense of such action, in each of which cases the fees and expenses of Covered Agent’s separate counsel shall be at the expense of the Company,
(iv) there has been a Change in Control, or (v) Covered Agent shall have reasonably concluded that counsel engaged by the Company on behalf of Covered Agent may not adequately represent Covered Agent. A “Change in
Control” shall mean: (a) the acquisition, directly or indirectly, by any person or group (within the meaning of Section 13(d)(3) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”),
of the beneficial ownership of securities of the Company possessing more than fifty percent (50%) of the combined voting power of all outstanding securities of the Company; (b) a merger or consolidation in which the Company is not the
surviving entity, except for a transaction in which the holders of the outstanding voting securities of the Company immediately prior to such merger or consolidation hold, in the aggregate, securities possessing more than fifty percent (50%) of
the total combined voting power of all outstanding voting securities of the surviving entity immediately after such merger or consolidation; (c) the sale, transfer or other disposition (in one or more transactions or series of related
transactions) of all or substantially all of the assets of the Company; (d) a complete liquidation or dissolution of the Company; or (e) any reverse merger in which the Company is the surviving entity but in which securities possessing
more than fifty percent (50%) of the total combined voting power of the Company’s outstanding voting securities are transferred to or acquired by one or more persons or entities different from the persons or entities holding those
securities immediately prior to such merger. If, under applicable laws and rules of attorney professional conduct, there exists a potential, but not actual, conflict of interest between the Company and Covered Agent, the Company’s
indemnification and Expense advancement obligations to Covered Agent under this Agreement shall include reasonable legal fees and reasonable costs incurred by Covered Agent for separate counsel retained by Covered Agent to monitor the Proceeding (so
that such separate counsel may assume Covered Agent’s defense if the conflict of interest between the Company and Covered Agent becomes an actual conflict of interest). The existence of an actual or

  
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potential conflict, and whether any such conflict may be waived, shall be determined pursuant to the rules of attorney professional conduct and applicable law. The Company shall not be entitled
to assume the defense of any Proceeding brought by or on behalf of the Company or as to which Covered Agent shall have made the conclusion provided for in clause (ii) above; and 

(c) the Company shall not be liable to indemnify Covered Agent under this Agreement for any amounts paid in settlement of any action or
claim effected without its written consent, which shall not be unreasonably withheld. The Company shall be permitted to settle any action except that it shall not settle any action or claim in any manner which would impose any penalty or limitation
on Covered Agent without Covered Agent’s written consent, which may be given or withheld in Covered Agent’s sole discretion. 
 8.
Advances of Expenses. 
 (a) Covered Agent shall have the right to advancement by the Company prior to the final
adjudication of any Proceeding of any and all Expenses relating to, arising out of or resulting from any Proceeding paid or incurred by Covered Agent or which Covered Agent determines are reasonably likely to be paid or incurred by Covered Agent.
The right to advances under this paragraph shall in all events continue until final disposition of any Proceeding, including any appeal therein. Advances shall be made without regard to Covered Agent’s ability to repay the Expenses and without
regard to Covered Agent’s ultimate entitlement to indemnification under the other provisions of this Agreement. Advances shall be unsecured and interest free. Advances shall include any and all reasonable Expenses incurred pursuing an
action to enforce this right of advancement, including Expenses incurred preparing and forwarding statements to the Company to support the advances claimed. 
 (b) Covered Agent’s right to such advancement is not subject to the satisfaction of any standard of conduct. Without limiting the generality or effect of the foregoing, within five business days
after any request by Covered Agent, the Company shall, in accordance with such request (but without duplication), (i) pay such Expenses on behalf of Covered Agent, (ii) advance to Covered Agent funds in an amount sufficient to pay such
Expenses, or (iii) reimburse Covered Agent for such Expenses. 
 (c) Covered Agent shall qualify for advances upon the
execution and delivery to the Company of this Agreement, which shall constitute an undertaking providing that Covered Agent undertakes to the fullest extent permitted by law to repay the advance (without interest) if and to the extent that it is
ultimately determined by a court of competent jurisdiction in a final judgment, not subject to appeal, that Covered Agent is not entitled to be indemnified by the Company. No other form of undertaking shall be required other than the execution of
this Agreement. The Company shall not initiate any proceeding seeking repayment of any advanced Expenses pursuant to the foregoing undertaking other than (i) in connection with the underlying and operative proceeding for which Covered Agent has
received such advanced expenses or (ii) by a proceeding initiated in the Court of Chancery of the State of Delaware following a final judgment, not subject to appeal, by a court of competent jurisdiction of the underlying and operative
proceeding for which Covered Agent received such advanced Expenses. 

  
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 9. Enforcement; Presumption of
Entitlement. 
 (a) Any right to indemnification or advances granted by this Agreement to Covered Agent shall be enforceable
by or on behalf of Covered Agent in any court of competent jurisdiction if (i) the claim for indemnification or advances is denied, in whole or in part, or (ii) no disposition of such claim is made within 30 days of request therefor.
Covered Agent, in such enforcement action, if successful in whole or in part, shall be entitled to be paid also the expense of prosecuting Covered Agent’s claim. 
 (b) It shall be a defense to any action for which a claim for indemnification is made under Section 3 hereof (other than an action brought to enforce a claim for Expenses pursuant to Section 8
hereof) that Covered Agent is not entitled to indemnification because of the limitations set forth in Section 4 hereof. Neither the failure of the Company (including the Board or the Company’s stockholders) to have made a determination
prior to the commencement of such enforcement action that indemnification of Covered Agent is proper in the circumstances, nor an actual determination by the Company (including the Board or the Company’s stockholders) that such indemnification
is improper shall be a defense to the action or create a presumption that Covered Agent is not entitled to indemnification under this Agreement or otherwise. 
 (c) In any such Proceeding instituted by Covered Agent pursuant to this Section 9, the Company shall be precluded from asserting that the procedures and presumptions of this Agreement are not valid,
binding and enforceable and shall stipulate in any such court that the Company is bound by all the provisions of this Agreement and is precluded from making any assertion to the contrary. 

(d) In making any determination concerning Covered Agent’s right to indemnification, there shall be a presumption that Covered Agent
has satisfied the applicable standard of conduct, and the Company may overcome such presumption only by its adducing clear and convincing evidence to the contrary. For purposes of any determination of good faith, Covered Agent shall be presumed to
have acted in good faith if Covered Agent’s action is based on the records or books of account of the Company, including financial statements, or on information supplied to Covered Agent by the officers of the Company in the course of their
duties, or on the advice of legal counsel for the Company or the Board or counsel selected by any committee of the Board or on information or records given or reports made to the Company by an independent certified public accountant or by an
appraiser, investment banker, compensation consultant, or other expert selected with reasonable care by the Company or the Board or any committee of the Board. The provisions of this Section 9(d) shall not be deemed to be exclusive or to limit
in any way the other circumstances in which Covered Agent may be deemed to have met the applicable standard of conduct. Whether or not the foregoing provisions of this Section are satisfied, it shall in any event be presumed that Covered Agent has
at all times acted in good faith and in a manner he reasonably believed to be in or not opposed to the best interests of the Company. Any determination concerning Covered Agent’s right to indemnification that is adverse to Covered Agent may be
challenged by Covered Agent in the Court of Chancery of the State of Delaware. No determination by the Company (including without limitation by its directors or any independent counsel) that Covered Agent has not satisfied any applicable

  
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standard of conduct shall be a defense to any claim by Covered Agent for indemnification or reimbursement or advance payment of Expenses by the Company hereunder or create a presumption that
Covered Agent has not met any applicable standard of conduct. 
 (e) The termination of any Proceeding by judgment, order,
settlement (with or without court approval), 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 Covered Agent to
indemnification or create a presumption that Covered Agent did not act in good faith and in a manner which Covered Agent reasonably believed to be in or not opposed to the best interests of the Company and, with respect to any criminal proceeding,
that Covered Agent had reasonable cause to believe that Covered Agent’s conduct was unlawful. 
 (f) If the person or
persons so empowered to make a determination concerning Covered Agent’s right to indemnification pursuant to this Agreement shall have failed to make the requested determination within 30 days after any judgment, order, settlement, dismissal,
arbitration award, conviction, acceptance of a plea of nolo contendere or its equivalent, or other disposition or partial disposition of any Proceeding or any other event that could enable the Company to determine Covered Agent’s entitlement to
indemnification, the requisite determination that Covered Agent is entitled to indemnification shall be deemed to have been made. 
 (g) The remedies provided for in this Section 9 shall be in addition to any other remedies available to Covered Agent at law or in equity. 
 10. Subrogation. In the event of payment under this Agreement, the Company shall be subrogated to the extent of such payment to all of the rights of recovery of Covered Agent, who shall execute all
documents required and shall do all acts that may be necessary to secure such rights and to enable the Company effectively to bring suit to enforce such rights. 
 11. Non-Exclusivity of Rights. The rights conferred on Covered Agent by this Agreement shall not be exclusive of any other right which Covered Agent may have or hereafter acquire under any statute,
provision of the Company’s Certificate of Incorporation, as amended and/or restated, or Bylaws, each as may be amended and/or restated from time to time, agreement, vote of stockholders or directors, or otherwise, both as to action in Covered
Agent’s official capacity and as to action in another capacity while holding office. 
 12. Survival of Rights; Change in Control. 

 (a) The rights conferred on Covered Agent by this Agreement shall continue after Covered Agent has ceased to be a director,
officer, employee or other agent of the Company or to serve at the request of the Company as a director, officer, employee or other agent of another corporation, partnership, joint venture, trust, employee benefit plan or other enterprise and shall
inure to the benefit of Covered Agent’s heirs, executors and administrators. 
 (b) The Company shall require and cause any
successor thereto (whether direct or indirect) in connection with a Change in Control, by written agreement, expressly to assume and agree to perform this Agreement in the same manner and to the same extent that the Company would be required to
perform if no such Change in Control occurred. 

  
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 13. Contribution. To the
fullest extent permitted by applicable law, if the indemnification provided for in this Agreement is unavailable to Covered Agent for any reason whatsoever, the Company, in lieu of indemnifying Covered Agent, shall contribute to the amount incurred
by or on behalf of Covered Agent, whether for judgments, fines, penalties, excise taxes, amounts paid or to be paid in settlement and/or for Expenses, in connection with any claim 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 (i) the relative benefits received by the Company and Covered Agent as a result of the event(s) and/or transaction(s) giving
cause to such Proceeding; and/or (ii) the relative fault of the Company (and its directors, officers, employees and agents) and Covered Agent in connection with such event(s) and/or transaction(s). 

14. Liability Insurance. 

(a) For the duration of Covered Agent’s service as a director and/or officer of the Company, and thereafter for so long as Covered
Agent shall be subject to any pending or possible indemnifiable claim, the Company shall use commercially reasonable efforts (taking into account the scope and amount of coverage available relative to the cost thereof) to cause to be maintained in
effect policies of directors’ and officers’ liability insurance providing coverage for directors and/or officers of the Company that is at least substantially comparable in scope and amount to that provided by the Company’s current
policies of directors’ and officers’ liability insurance. The minimum AM Best rating for the insurance carriers of such insurance shall be not less than A-VI. 
 (b) In the event of a Change in Control, the Company shall (i) maintain in force any and all insurance policies then maintained by the Company in providing directors’ and officers’
insurance, in respect of Covered Agent, or (ii) require and cause any successor thereto (whether direct or indirect) to obtain and maintain a directors’ and officers’ liability insurance policy that provides coverage for Covered Agent
that is at least substantially comparable in scope and amount to that provided to Covered Agent by the Company as of immediately prior to the Change in Control, in each case for the six-year period immediately following the Change in Control. This
“tail coverage” shall be placed by the Company’s insurance broker. 
 (c) In the event that any action is
instituted by Covered Agent under this Agreement or under any liability insurance policies maintained by the Company to enforce or interpret any of the terms hereof or thereof, Covered Agent shall be entitled to be paid all Expenses incurred by
Covered Agent with respect to such action, regardless of whether Covered Agent is ultimately successful in such action, and shall be entitled to the advancement of Expenses with respect to such action, unless as a part of such action a court of
competent jurisdiction over such action determines that each of the material assertions made by Covered Agent as a basis for such action was not made in good faith or was frivolous. 

(d) The Company shall make available to Covered Agent a copy of all directors’ and officers’ liability insurance applications,
binders, policies, declarations, endorsements and other related materials. The Company shall not discontinue or significantly reduce the scope or amount of coverage from one policy period to the next without the prior approval thereof by a majority
vote of the incumbent directors of the Company, even if less than a quorum. 

  
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 15. Optional Trust. The Company
may, but shall not be required to create a trust fund, grant a security interest or use other means, including without limitation a letter of credit, to ensure the payment of such amounts as may be necessary to satisfy its obligations to indemnify
and advance Expenses pursuant to this Agreement. 
 16. No Imputation. The knowledge and/or actions, or failure to act, of any director,
officer, agent or employee of the Company or the Company itself shall not be imputed to Covered Agent for purposes of determining any rights under this Agreement. 
 17. Separability. If any provision or provisions of this Agreement shall be held to be invalid, illegal or unenforceable for any reason whatsoever: (i) 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; (ii) 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 (iii) to the fullest extent possible, the 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 be construed so as to give effect to the intent manifested thereby. 

18. Coverage; Superseding Prior Agreement. This Agreement shall apply with respect to Covered Agent’s service as a director, officer,
employee or other agent of the Company or any Affiliate prior to the date of this Agreement. 
 19. Governing Law. This Agreement shall
be interpreted and enforced in accordance with the laws of the State of Delaware (without regard to conflicts of laws principles). 
 20.
Amendment; Termination and Waiver. No amendment, modification, waiver, termination or cancellation of this Agreement shall be effective unless in writing signed by the Company and Covered Agent. No waiver of any of the provisions of this
Agreement shall be deemed or shall constitute a waiver of any other provision hereof (whether or not similar) nor shall such waiver constitute a continuing waiver. 
 21. Period of Limitations. No legal action shall be brought and no cause of action shall be asserted by or in the right of the Company against Covered Agent, Covered Agent’s estate, spouse,
heirs, administrators, executors or personal or legal representatives after the expiration of two years from the date of accrual of such cause of action, and any claim or cause of action of the Company shall be extinguished and deemed released
unless asserted by the timely filing of a legal action within such two-year period; provided, however, that if any shorter period of limitations is otherwise applicable to any such cause of action, such shorter period shall govern.

 22. Specific Performance. The Company and Covered Agent agree that a monetary remedy for breach of this Agreement may be inadequate,
impracticable and difficult of proof, and further agree that such breach may cause Covered Agent irreparable harm. Accordingly, the parties hereto agree that Covered Agent may enforce this Agreement by seeking injunctive relief and/or

  
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specific performance hereof, without any necessity of showing actual damage or irreparable harm and that by seeking injunctive relief and/or specific performance, Covered Agent shall not be
precluded from seeking or obtaining any other relief to which he may be entitled. The Company and Covered Agent further agree that Covered Agent shall be entitled to such specific performance and injunctive relief, including temporary restraining
orders, preliminary injunctions and permanent injunctions, without the necessity of posting bonds or other undertaking in connection therewith. The Company acknowledges that in the absence of a waiver, a bond or undertaking may be required of
Covered Agent by a court of competent jurisdiction, and the Company hereby waives any such requirement of a bond or undertaking. 
 23.
Offset Against Other Rights. The Company’s obligation to indemnify, hold harmless or advance Expenses hereunder to Covered Agent who is or was serving at the request of the Company as a director, officer, trustee, partner, managing
member, fiduciary, employee or agent of any other corporation, partnership, joint venture, trust, employee benefit plan or other enterprise shall be reduced by any amount Covered Agent has actually received as indemnification, hold harmless or
exoneration payments or advancement of expenses from such other corporation, partnership, joint venture, trust, employee benefit plan or other enterprise. Notwithstanding any other provision of this Agreement to the contrary, (i) Covered Agent
shall have no obligation to reduce, offset, allocate, pursue or apportion any indemnification, hold harmless, exoneration, advancement, contribution or insurance coverage among multiple parties possessing such duties to Covered Agent prior to the
Company’s satisfaction and performance of all its obligations under this Agreement, and (ii) the Company shall perform fully its obligations under this Agreement without regard to whether Covered Agent holds, may pursue or has pursued any
indemnification, advancement, hold harmless, exoneration, contribution or insurance coverage rights against any person or entity other than the Company. 
 24. Information Sharing. If the Covered Agent is the subject of or is implicated in any way during an investigation, whether formal or informal, to the extent not prohibited by any applicable law,
rule, regulation or order, the Company shall share with Covered Agent any information it has turned over to any third parties concerning the investigation (“Shared Information”). By executing this agreement, Covered Agent
agrees that such Shared Information is material non-public information that Covered Agent is obligated to hold in confidence and may not disclose publicly; provided, however, that Covered Agent is permitted to use the Shared Information and
to disclose such Shared information to Covered Agent’s legal counsel solely in connection with defending Covered Agent from legal liability. 
 25. Identical Counterparts; Facsimile. This Agreement may be executed in one or more counterparts, including counterparts transmitted by facsimile or other electronic communication, each of which
shall for all purposes be deemed to be an original but all of which together shall constitute but one and the same Agreement. Only one such counterpart need be produced to evidence the existence of this Agreement. Facsimile signatures, or signatures
delivered by other electronic transmission, shall be as effective as original signatures. 
 26. Headings. 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 hereof. 

  
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 27. Notices. All notices,
requests, demands and other communications hereunder shall be in writing and shall be deemed to have been duly given (i) upon delivery if delivered by hand to the party to whom such communication was directed, (ii) when sent by confirmed
electronic mail, with verification of receipt, or by facsimile, in either case, if sent during regular business hours; if not, then on the next business day; or (iii) upon the third business day after the date on which such communication was
mailed if mailed by certified or registered mail, return receipt requested, with postage prepaid. 
 (a) All communications
shall be delivered to Covered Agent at the address indicated on the signature page hereof, or at such other address as Covered Agent shall designate by ten days’ advance written notice to the Company. 

(b) All communications shall be delivered to the Company at 1220 N. Simon Circle, Anaheim, California 92806, Attention: Chief Executive
Officer, or such other address as may have been furnished to Covered Agent by the Company. 
 [Signature page follows]

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

			
	DDI CORP.
		
	By:	 	  

			
		
	Name:	 	  

			
		
	Its:	 	  

			
	
	COVERED AGENT
	
	  

	[Name]	 	
		
	Address:	 	  

		
		 	  

		
		 	  

[SIGNATURE PAGE TO INDEMNITY AGREEMENT] 

  
 Schedule A

 The following directors and executive officers have entered into the form of indemnification agreement: 

Robert J. Amman 

Jay B. Hunt 

Andrew E. Lietz 

Bryant R. Riley 

Steven C. Schlepp 

Carl R. Vertuca, Jr. 
 Mikel H. Williams 
 Michael J. Dodson 

Michael R. Mathews 
 Gerald P. Barnes 
 Coleman Barner

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00179-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00179-of-00352.parquet"}]]