Document:

Exhibit 10.31

 Exhibit 10.31 

SETTLEMENT AGREEMENT 

This SETTLEMENT AGREEMENT (the “Agreement”) is made as of August 16, 2010 by and among (1) Aladdin
Knowledge Systems Ltd., an Israeli company (“Buyer”), and (2) Secure Computing, LLC, a Delaware limited liability company (f/k/a Secure Computing Corporation, a Delaware corporation) (“Seller”).
Buyer and Seller are collectively referred to herein as the “Parties” and individually as a “Party.” Capitalized terms used, but not defined, herein shall have the same meanings set forth in the asset
purchase agreement dated July 29, 2008 between Buyer and Seller (the “Purchase Agreement”). 

WHEREAS, Buyer and Seller entered into the Purchase Agreement, pursuant to which Buyer purchased from Seller the Acquired Assets;

 WHEREAS, as set forth therein, the Purchase Agreement provides that Seller indemnifies Buyer for breaches of
representations, warranties, covenants, agreements, obligations or undertakings made by the Seller in the Purchase Agreement and for the Non-Assumed Liabilities Claims; 

WHEREAS, in connection with the Purchase Agreement, the Parties executed an escrow agreement with Wells Fargo Bank, National
Association (the “Escrow Agent”) dated September 4, 2008 (the “Escrow Agreement”), which sets forth their rights and obligations with respect to the Indemnity Escrow Funds (as defined in the
Escrow Agreement), and the distribution and release thereof; 
 WHEREAS, pursuant to the Escrow Agreement, the Indemnity
Escrow Account (as defined in the Escrow Agreement) was established and funded; 
 WHEREAS, Paragraph 7.5.3 of the
Purchase Agreement states, “All representations, warranties and covenants in this Agreement shall survive the Closing and shall expire on, and no 

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Indemnifying Party will be liable for any Damages hereunder with respect to a breach of such representations, warranties and covenants unless a written claim for indemnification is given by the
Indemnified Party to the Indemnifying Party with respect thereto prior to the twelve (12) month anniversary of the Closing Date”; 

WHEREAS, Buyer provided Claim Notices (as defined in the Escrow Agreement) to Seller for certain claims against Seller for
indemnification by letters dated August 11, 2009 and April 14, 2010 (the “Indemnification Claims”); 

WHEREAS, by letter dated September 3, 2009, Seller contested the Indemnification Claims in a Dispute Notice (as defined in
the Escrow Agreement); and 
 WHEREAS, the Parties wish to resolve, settle, and compromise all outstanding disputes over
the validity and amount of the Indemnification Claims and avoid litigation regarding those Indemnification Claims; 
 NOW,
THEREFORE, in consideration of the mutual promises contained herein, and for other good, adequate, and sufficient consideration described herein, the Parties, intending to be legally bound, hereby agree as follows: 

1. Settlement and Compromise Only. This Agreement is entered into for purposes of settlement and compromise only. Nothing
contained in this Agreement or done or omitted in connection with this Agreement is intended as or shall be construed as an admission by, or on behalf of Buyer or Seller of any fault, liability or wrongdoing whatsoever. 

2. Settlement Payment. Pursuant to Paragraph 3 of this Agreement, $1,600,000.00 shall be paid to Buyer from the Indemnity Escrow
Account (the “Settlement Payment”). After the Settlement Payment is made, the Seller shall receive the balance remaining in the Indemnity Escrow Account. 

 

					
	Settlement Agreement	 	– 2 –	 	

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 3. Payment of Escrow Funds In order to effectuate the disposition of the
Indemnity Escrow Funds set forth in Paragraph 2, the Parties shall, immediately upon execution of this Agreement, execute and deliver to the Escrow Agent via facsimile the letter attached hereto as Exhibit A, which provides joint written
instructions to the Escrow Agent required to effectuate release of the Indemnity Escrow Funds pursuant to Section 3(b) of the Escrow Agreement. 

4. Releases. 

Effective upon Buyer’s receipt of the Settlement Payment: 

(a) Buyer on behalf of itself and its parent companies and any subsidiaries, affiliates, predecessors, and successors, and its current
and former officers, directors, shareholders and employees in their capacities as such and the heirs, predecessors, successors and assigns of each (collectively, the “Buyer Releasors”), shall release, acquit and forever
discharge Seller and its parent companies and subsidiaries, affiliates, predecessors, and successors, and its current and former officers, directors, shareholders and employees in their capacities as such and the heirs, predecessors, successors and
assigns of each (collectively, the “Seller Releasees”) from all actions, causes of action, suits, debts, dues, sums of money, accounts, reckonings, bonds, bills, specialties, covenants, contracts, controversies, agreements,
promises, variances, trespasses, damages, judgments, extents, executions, claims and demands that arise out of or in any way relate to the Indemnification Claims, whether in law, admiralty or equity, known or unknown, which against the Seller
Releasees, the Buyer Releasors now have or hereafter can, shall or may have; and 
 (b) Seller on behalf of itself and its
parent companies and any subsidiaries, affiliates, predecessors, and successors, and its current and former officers, directors, 

 

					
	Settlement Agreement	 	– 3 –	 	

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shareholders and employees in their capacities as such and the heirs, predecessors, successors and assigns of each (collectively, the “Seller Releasors”), shall release,
acquit and forever discharge Buyer and its parent companies and subsidiaries, affiliates, predecessors, and successors, and its current and former officers, directors, shareholders and employees in their capacities as such and the heirs,
predecessors, successors and assigns of each (collectively, the “Buyer Releasees”) from all actions, causes of action, suits, debts, dues, sums of money, accounts, reckonings, bonds, bills, specialties, covenants, contracts,
controversies, agreements, promises, variances, trespasses, damages, judgments, extents, executions, claims and demands that arise out of or in any way relate to the Indemnification Claims, whether in law, admiralty or equity, known or unknown,
which against the Buyer Releasees, the Seller Releasors now have or hereafter can, shall or may have. 
 5. The Parties agree to
bear their own attorneys’ fees and waive any statue, rule of court, provision or legal proposition which might otherwise be relied upon to obtain costs, fees or expenses in connection with the claims released herein. 

6. The Parties assert that they have not assigned, transferred or conveyed to any person or entity any claim, demand, liability,
obligation or cause of action released by this Agreement. 
 7. Governing Law; Jurisdiction. The internal law, without
regard to conflicts of laws principles, of the State of New York shall govern all questions concerning the construction, validity and interpretation of this Agreement and the performance of the obligations imposed by this Agreement. 

8. Consent to Jurisdiction. Any legal action or proceeding with respect to this Agreement and any action for enforcement of any
judgment in respect thereof shall be brought in 
  

					
	Settlement Agreement	 	– 4 –	 	

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the courts of the State of New York or of the United States of America for the District of New York, and, by execution and delivery of this Agreement, the Parties hereby accept for themselves and
in respect of their property, generally and unconditionally, the exclusive jurisdiction of the aforesaid courts and appellate courts. The Parties waive the right to trial by jury with respect to any claims hereby. 

9. Entire Agreement. This Agreement constitutes the entire agreement between the Parties concerning the subject matter hereof and
supersedes all previous written or oral agreements, understandings, promises or negotiations. No Party to the Agreement has made or is relying on any representations, warranties, or promises not set forth in this Agreement. This Agreement may not be
modified, amended, supplemented, altered, or varied except by written instrument signed by or on behalf of all Parties to this Agreement. 

10. Counterpart Execution. This Agreement may be executed via facsimile in one or more counterparts, any one of which need not
contain the signatures of more than one party, but all such counterparts taken together shall constitute one and the same instrument. Execution by any party may be made by duly authorized attorney-in-fact pursuant to power of attorney. 

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

 

									
	ALADDIN KNOWLEDGE SYSTEMS LTD.	 		 	SECURE COMPUTING, LLC (F/K/A
		 		 		 	SECURE COMPUTING CORPORATION)
		 		 		 	By: McAfee, Inc. (its Sole Member)
					
	By:	 	 /s/ Kenneth M. Siegel
	 		 	By:	 	 /s/ Louis Riley

	Name:	 	Kenneth M. Siegel	 		 	Name:	 	Louis Riley
	Title:	 	Vice President	 		 	Title:	 	VP and Assistant General Counsel

  

					
	Settlement Agreement	 	– 5 –	 	

 Exhibit A 

August 12, 2010 
 By
Facsimile +1 612.667.2160 
 Wells Fargo Bank, National Association 

Corporate, Municipal & Escrow Solutions 

MAC N9311-115 
 625 Marquette Avenue, 11th Floor

 Minneapolis, MN 55479 
 Attention:
Aaron R. Soper 
 Joint Written Instructions for Release of Indemnity Escrow Funds 

Dear Mr. Soper: 
 Reference is made to the
Escrow Agreement dated as of September 4, 2008 by and among Aladdin Knowledge Systems Ltd. (“Buyer”), Secure Computing Corporation (“SCC”) and Wells Fargo Bank, National Association, as escrow agent (the “Escrow
Agent”) (the “Escrow Agreement”). Capitalized terms not defined herein shall have the meanings ascribed to them in the Escrow Agreement. 

On August 11, 2009, Buyer set forth various claims for indemnification (the “Indemnification Claims”) in a letter addressed to SCC. In a
letter dated September 3, 2009, SCC disputed the validity of Buyer’s Indemnification Claims and instructed the Escrow Agent to treat the letter as a Dispute Notice. 

SCC and Buyer have since entered into an agreement to resolve their dispute over the Indemnification Claims. Pursuant to Section 3(b) of the Escrow
Agreement, the parties hereby provide the following joint written instructions directing the release and disposition of the Indemnity Escrow Funds as follows: 

1. The amount of $1,600,000.00 shall be transmitted by wire transfer in immediately available funds to: Citibank N.A, Arlington Heights, IL; ABA
271070801; For the Benefit of: Aladdin Knowledge Systems, Inc. Beneficiary’s Acct: 0800104459 
 2. The balance of the Indemnity Escrow
Funds shall be transmitted by wire transfer in immediately available funds to: McAfee, Inc. Account No. 5800176215, Routing No. 026009593. 

Please confirm receipt of this letter and execution of these instructions. 

 Wells Fargo Bank, National Association 

August 16, 2010 
 Page 2 

 

 Should you have any questions, please contact us at: 

For Aladdin Knowledge Systems, Ltd.: 

Aladdin Knowledge Systems, Ltd. c/o SafeNet 

4690 Millennium Drive 

Belcamp, MD 21017 

Attn: Kenneth M. Siegel (ken.siegel@safenet-inc.com; 650-261-2497) 

For Secure Computing: 

McAfee, Inc. 

5000 Headquarters Dr. 

Plano, TX 75024 

Attn: Carter Hopkins (carter_hopkins@mcafee.com; 972-987-2666) 

 

									
	Very truly yours,	 		 	
			
	ALADDIN KNOWLEDGE SYSTEMS LTD.	 		 	SECURE COMPUTING, LLC (F/K/A
		 		 		 	SECURE COMPUTING CORPORATION)
		 		 		 	By: McAfee, Inc. (its Sole Member)
					
	By:	 	 /s/ Kenneth M. Siegel
	 		 	By:	 	 /s/ Doug Rice

	Name:	 	Kenneth M. Siegel	 		 	Name:	 	Doug Rice
	Title:	 	Vice President	 		 	Title:	 	V.P. Treasurer, McAfee, Inc.Services Agreement

 Exhibit 10.5 

 
 TRANSITION SERVICES AGREEMENT 

 
 This TRANSITION SERVICES AGREEMENT (this
“Agreement”), dated as of December 31, 2006 (the “Effective Date”), is entered into by and between LINC Logistics Company, a Michigan corporation (“LINC”), and CenTra, Inc., a Delaware corporation
(“CenTra”). 
  
 RECITALS 

 
 A. CenTra intends to distribute on the date hereof all the
outstanding shares of common stock of LINC pro rata to holders of CenTra’s capital stock (the “Distribution”). 
  

B. In connection with the Distribution, LINC desires to insure that certain services currently being furnished by CenTra and certain
CenTra subsidiaries will continue to be supplied to LINC without interruption for a reasonable transition period following the Distribution, and CenTra wishes to provide such services or cause such services to be provided to LINC for a reasonable
transition period. 
  
 NOW, THEREFORE, in
consideration of the mutual covenants contained herein, together with other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties hereto agree as follows: 

 
 ARTICLE I 

Services and Pricing 
  

1.1 Transition Services. Following the Distribution, CenTra shall provide or cause to be provided to LINC and its subsidiaries,
during the term of this Agreement, those services which CenTra and its subsidiaries have provided to LINC and LINC’s subsidiaries during the two years prior to the Distribution, as requested from time to time by LINC (the “Transition
Services”). CenTra shall not be obligated to expand the scope of the Transition Services significantly beyond the scope of services being provided to LINC prior to the Distribution. 

 
 1.2 Compensation for Transition Services. LINC shall
pay CenTra a reasonable amount for the Transition Services not to exceed the cost of such services which would be charged by third party providers dealing with LINC on an arm’s length basis. However, in no event shall CenTra be required to
provide the Transition Services to LINC at less than CenTra’s cost of performance. CenTra shall bill LINC for the Transition Services at such times and from time to time consistent with reasonable commercial practice. 

 
 1.3 Additional Services. The parties agree to use
commercially reasonable efforts to reach agreement on any additional services which LINC may require of CenTra beyond the scope of the Transition Services (the “Additional Services”) and the applicable service fees, payment procedures and
other rights and obligations with respect thereto. The parties further agree to use commercially reasonable efforts to reach agreement on any services which CenTra may require of LINC from time to time during the term of this Agreement, and the
applicable 
  

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service fees, whether on a fixed or variable basis, payment procedures, and other rights and obligations with respect thereto. 

 
 1.4 Cooperation. LINC agrees to use its reasonable
best efforts to cooperate with and provide any information necessary to facilitate CenTra’s ability to provide the Transition Services. Each party will use its commercially reasonable efforts, and will cooperate as reasonably required, to
obtain any consents or approvals from third parties necessary to facilitate the ability of CenTra to provide the Transaction Services and the Additional Services. 

 
 ARTICLE II 

Term 
  

2.1 Term. The term of this Agreement shall commence on the Effective Date and shall continue in effect with respect to each of the
Transition Services until such time as LINC shall request CenTra to cease performing such services; provided that CenTra shall not be obligated, except as provided in Section 2.2, to continue to provide the Transition Services after the second
anniversary of the Effective Date unless the parties otherwise agree to do so. 
  

2.2 Termination. This Agreement may not be terminated by either party for any reason other than a material default in the delivery
of Transition Services or payment therefor as herein provided. Unless otherwise extended by agreement of the parties in writing, this Agreement shall expire on the second anniversary of the Effective Date, except for any Transition Services not then
completed, as to which this Agreement shall expire upon completion of those Transition Services. 
  

ARTICLE III 

Cooperation of the Parties 
  

3.1 Access to Personnel and Records. CenTra and LINC shall cooperate each with the other in providing reasonable access to
personnel and records needed to perform or document the Transition Services and their cost. 
  

3.2 Further Assurances. CenTra and LINC shall take all other actions reasonably necessary for the Transition Services to be
performed on a timely basis and in a manner consistent with past care and practice unless otherwise specifically agreed in writing. 
  

ARTICLE IV 

Limitations on Liability 
  

4.1 Standard of Care. In the performance of the Transition Services, CenTra shall exercise the degree of care normally exercised by
it in connection with its own affairs, and consistent with the standard of care exercised in delivering services to LINC prior to the Distribution. Except in cases of gross negligence, willful misconduct or intentional breach, CenTra shall have no
liability to LINC with regard to the breach of any duty or obligation to LINC herein set forth. 
  

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 4.2 Limitation on Damages. In no event shall CenTra be liable to LINC for any
special, indirect, incidental, consequential, punitive or similar damages, including but not limited to lost profits, loss of data or business interruption losses. This limitation shall apply even if the CenTra has been notified of the possibility
or likelihood of such damages occurring and regardless of the form of action, whether in contract, negligence, strict liability, tort, products liability or otherwise. 
  

 ARTICLE V 

Miscellaneous 
  

5.1 Entire Agreement. This Agreement constitutes the entire agreement of the parties hereto and supersedes all prior and
contemporaneous agreements and understandings (including term sheets), both written and oral, between the parties hereto, or either of them, with respect to the subject matter hereof. 

 
 5.2 Governing Law. This Agreement shall be governed
by, and construed in accordance with, the laws of the State of Michigan. NO ACTION, SUIT OR PROCEEDING MAY BE BROUGHT OR MAINTAINED CONCERNING MATTERS COVERED BY THIS AGREEMENT EXCEPT IN A COURT OF THE STATE OF MICHIGAN OR COURTS OF THE UNITED
STATES OF AMERICA SITTING IN MICHIGAN. EACH OF THE PARTIES TO THIS AGREEMENT HEREBY IRREVOCABLY AND UNCONDITIONALLY AGREES TO BE SUBJECT TO, AND HEREBY CONSENTS AND SUBMITS TO, THE JURISDICTION OF THE COURTS OF THE STATE OF MICHIGAN AND OF THE
FEDERAL COURTS SITTING IN THE STATE OF MICHIGAN. 
  

5.3 Amendment and Modification. This Agreement may be amended, modified or supplemented only by a written agreement signed by each
of CenTra and LINC. 
  
 5.4 Assignment; Binding
Effect. Neither this Agreement nor any of the rights, benefits or obligations hereunder may be assigned by LINC or CenTra (whether by operation of law or otherwise) without the prior written consent of the other party. Subject to the preceding
sentence, this Agreement shall be binding upon, inure to the benefit of and be enforceable by LINC and CenTra and their respective successors and permitted assigns. 

 
 5.5 No Third Party Beneficiaries. Nothing in this
Agreement, express or implied, is intended to or shall confer upon any person (other than CenTra, LINC and their respective successors or permitted assigns) any legal or equitable right, benefit or remedy of any nature whatsoever under or by reason
of this Agreement and no person (other than as so specified) shall be deemed a third party beneficiary under or by reason of this Agreement. 
  

5.6 Counterparts. This Agreement may be executed in one or more counterparts, each of which shall be deemed to be an original, but
all of which together shall constitute one agreement binding on LINC and CenTra, notwithstanding that not all parties are signatories to the same counterpart. 
  

5.7 Confidentiality. CenTra and LINC shall make reasonable efforts to preserve in strict confidence any confidential information
obtained from the other party and identified as 
  

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such by such other party, and shall refrain from (i) disclosing any such information without the prior written consent of the other party, except as required by law or (ii) using such
information other than in the performance of Transition Services under this Agreement, unless such information (a) is in the public domain through no fault of such party, (b) is or hereafter becomes known to the public through no fault of
the receiving party or (c) is provided to the receiving party by a third party having no confidential obligation to the other party to this Agreement with regard to such information. 

 
 5.8 Independent Contractor. The relationship of the
parties to each other under this Agreement shall be that of independent contractor. 
  

5.9 Personnel. Both parties hereto agree that they shall take appropriate action by instruction of or agreement with their
personnel to ensure that all personnel performing or otherwise involved with Transition Services under this Agreement shall be bound by and comply with all of the terms and conditions of this Agreement, including, but not limited to, the terms and
conditions of Section 5.7 hereof. 
  
  

 
  
  

 
 IN WITNESS WHEREOF, the parties hereto have duly caused the
execution of this Agreement by their duly authorized representative or officer, as of the day and year first written above. 
  

 

									
	 CENTRA, INC.
	 	 	 	 LINC LOGISTICS COMPANY

					
	 By:
	 	     /S/ F. P. CALDERONE	 	 	 	 By:
	 	     /S/ H. E. WOLFE
	 Name:  F. P. Calderone
	 	 	 	 Name:  H. E. Wolfe

	 Title:    Vice President
	 	 	 	 Title:    President

 

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 AMENDMENT TO 

TRANSITION SERVICES AGREEMENT 
  

THIS AMENDMENT TO TRANSITION SERVICES AGREEMENT (the “Amendment”), which is effective as of the 31
st day of December, 2008 (the “Effective Date”),
is entered into by and between LINC LOGISTICS COMPANY, a Michigan corporation (“LINC”) and CENTRA, INC., a Delaware corporation (“CenTra”). 

 
 RECITALS 

 
 WHEREAS, LINC and CenTra entered into that certain Transition
Services Agreement dated December 31, 2006 (the “Agreement”); and 
  

WHEREAS, LINC and CenTra desire to extend the term of the Agreement indefinitely. 

 
 NOW, THEREFORE, incorporating the Recitals above and
in consideration of the mutual agreements and covenants contained herein and contained in the Agreement, the receipt and sufficiency of which are hereby acknowledged, LINC and CenTra hereby agree as follows: 

 

	 	1.	 	The Agreement is hereby amended by: 

  

	 	(a)	 	the deletion of Section 2.1 and the insertion of a new Section 2.1 in lieu thereof as follows: 

 
 2.1 Term. The term of this Agreement shall commence
on the Effective Date and shall continue in effect with respect to each of the Transition Services until such time as the parties shall request termination pursuant to Section 2.2. 

 

	 	(b)	 	the deletion of Section 2.2 and the insertion of a new Section 2.2 in lieu thereof as follows: 

 
 2.2. Termination. This Agreement may be terminated by
either party upon at least ninety (90) days’ written notice to the other party. 
  

	 	2.	 	Except as amended hereby, the parties acknowledge that the Agreement shall remain in full force and effect. 

 

	 	3.	 	All capitalized terms used in this Amendment but not defined herein shall have the meaning as set forth in the Agreement. 

 

	 	4.	 	This Amendment may be executed in any number of counterparts, each of which when so executed and delivered shall be deemed an original, and all of which, taken
together, shall constitute but one and the same instrument. 

  

[Signature page follows.] 
  

 1 

 IN WITNESS WHEREOF, the parties hereto have duly caused the execution of this
Amendment by their duly authorized representative or officer, as of the day and year first written above. 
  

									
	 CENTRA, INC.
	 	 	 	 LINC LOGISTICS COMPANY

					
	 By:
	 	/S/ FRED P. CALDERONE	 	 	 	 By:
	 	/S/ DAVID A. CRITTENDEN

									
	 Name:
	 	 Fred P. Calderone
	 	 	 	 Name:
	 	 David A. Crittenden

	 Title:
	 	 Vice President
	 	 	 	 Title:
	 	 Chief Financial Officer

 

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