Document:

Amended and Restated Employment Agreement - Pyrros Koussios

 Exhibit 10.11 
 EXECUTION COPY 
 AMENDED AND RESTATED EMPLOYMENT AGREEMENT 

This Amended and Restated Employment Agreement (this “Agreement”) is entered into and shall be effective as of the later of (a) the
effectiveness of NDS Group Holdings Limited’s (“NDS Holdings”) registration statement on Form F-1 filed with the U.S. Securities and Exchange Commissions on
                    , 20    , as amended, and (b) the common shares of NDS Holdings being listed or approved
for listing upon notice of issuance of the New York Stock Exchange (the “Effective Date”), by and  
 BETWEEN:

  

	(1)	NDS Group Holdings Limited of One London Road, Staines, Middlesex TW18 4EX (the “Company”) 

 

	  	and 

  

	(2)	Pyrros Koussios (“You”). 

 You and the Company are parties to a certain Employment Agreement dated the
23rd day of June 2008, as amended 4 August 2008, and
as subsequently amended 4 March 2009, and 12 February 2010 (the “Original Agreement”). The Company desires to amend and restate the Original Agreement to modify certain terms and conditions set forth therein. The terms and
conditions of the Agreement are as follow. 
  

	1.	EMPLOYEE HANDBOOK 

  

	1.1	The Company’s Employee Handbook (the “Handbook”) contains certain information, policies and regulations that relate to your employment but do not
have contractual effect (unless otherwise specified). The non-contractual aspects of the Handbook may be amended from time to time. 

  

	2.	DATE OF EMPLOYMENT 

  

	2.1	 Your period of employment with the Company originally commenced on 23 November 1998. The Company hereby agrees to continue to employ you to serve
in the capacities described herein, and you agree to continue such employment and continue performing such services, upon the terms and subject to the conditions set forth in this Agreement. 

 

	3.	JOB TITLE AND DUTIES AND OBLIGATIONS 

  

	3.1	You will be employed as Senior Vice President of the Company. 

  

	3.2	During your employment you must: 

  

	 	3.2.1	perform such duties as the Company requires. You are expected to work flexibly in your role and carry out additional or alternative duties as necessary to meet the
Company’s needs. Without prejudice to clause 3.1, your role may be varied by the Company from time to time to reflect changes in your role and/or the operational requirements of the Company’s business 

	 	3.2.2	perform such duties, exercise such powers and hold such offices in relation to the business of the Company or any Associated Company as may from time to time be
assigned to or vested in you by the Board consistent with your appointment above 

  

	 	3.2.3	comply with all reasonable requests, instructions and regulations made by the Company and provide any explanations, information and assistance that may reasonably be
required 

  

	 	3.2.4	serve the Company loyally and to the best of your ability and use your best endeavors to promote the interests of the Company and its Associated Companies

  

	 	3.2.5	not (without the prior written consent of the Company) be engaged directly or indirectly in any other business or employment (except that you may hold a maximum of 3%
of any class of shares of any publicly listed company and otherwise continue your involvement in Key Capital AG as of the date hereof) 

  

	 	3.2.6	not solicit or endeavor to entice away from the Company, accept orders from or have any business dealings with any Client 

 

	 	3.2.7	not solicit or endeavor to entice away from the Company or employ or procure the employment of any employee of the Company 

 

	 	3.2.8	not interfere with the supply of services or materials or goods to the Company by any Person 

 

	 	3.2.9	at all times operate to the highest standards of health and safety bearing in mind both your own safety and that of those with whom you work 

 

	 	3.2.10	not receive directly or indirectly any discount, rebate, fee gratuity, gift, payment or commission in respect of any business transacted (whether or not by you) by or
on behalf of the Company or any Associated Company or with a view to any such business being transacted. If you or any business in which you are interested do/does receive any such benefit, you must account to the Company for it immediately

  

	 	3.2.11	at all times keep the Board promptly and fully informed (in writing if so required) of your conduct with the business or affairs of the Company and provide such
explanations as the Board may require 

  

	 	3.2.12	disclose to the Company, on demand, details of any shares or other securities held by you in the Company or an Associated Company. 

 

	3.3	The Company: 

  

	 	3.3.1	may change the position in which you work or your job title, description or functions, having reasonable regard to your skills; and 

 

	 	3.3.2	reserves the right to appoint any other person or persons to act jointly with you or to make any other changes in the management and workforce structure,

 provided your pay and other contractual benefits are not reduced and that the Company, where practicable, has
consulted reasonably with you about such matters in advance. 

  
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	4.	PAY AND ALLOWANCES 

  

	4.1	 Your salary will be €275,000 per annum subject to the deduction of income tax and employee’s national insurance contribution. You will
be paid in Swiss Francs by equal monthly installments directly into your bank account of choice. Salaries are paid on the
15th of the month (or before if this falls on a weekend or
public holiday). The Company will review your salary on a quarterly basis to determine whether you should receive a currency differential payment as a result of the conversion of your salary to Swiss Francs, payable during the month following the
close of the applicable quarter in accordance with the Company’s normal payroll practices. 

  

	4.2	The Company reserves the right to deduct from your salary at any time during your employment or on its termination any sums that you may owe to the Company or for which
you are liable to the Company such as any overpayments, loans, or advances made to you by the Company or the cost to the Company of any damage or loss caused by you to the Company. 

 

	4.3	The Company will review your salary annually, when the Company may increase your salary or make no change to it. An increase by the Company is at its discretion, being
dependent on your performance and the performance of the Company and Associated Companies. 

  

	4.4	You will have no contractual entitlement to any payment or benefit that is not provided for in this Agreement. 

 

	5.	BONUS 

  

	5.1	You will be eligible to receive a discretionary annual performance related bonus of up to 50% of your basic annual salary based on Company and personal individual
performance. The amount of the bonus payable by the Company is entirely at the Company’s discretion, being dependent on your personal performance and attendance, assessed over the previous financial year. 

 

	5.1	Any bonus scheme applicable to you and in place from time to time may be amended or terminated by the Company upon reasonable notice but without payment of compensation
or substitution of an equivalent benefit. Participation in any bonus scheme or schemes in any year does not oblige the Company to extend or repeat that participation thereafter. 

 

	6.	HOURS OF WORK 

  

	6.1	You will be expected to work those hours necessary to satisfactorily discharge your responsibilities, normally 37.5 hours per week exclusive of lunch breaks.

  

	6.2	You may also be required without further remuneration to work such additional hours as and when required to do so by the Company for the proper performance of your
duties. 

  

	7.	PLACE OF WORK 

  

	7.1	Given the international nature of your role you will be expected to work as business requires all over the world. You may in the future, however, be required to move
your principal place of employment to the United States, and your employment may be transferred to an Associated Company which is based in the United States at such time. 

  
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	8.	HOLIDAYS 

  

	8.1	 You are eligible for 25 days paid holiday per annum in addition to normal public holidays, to be taken at times convenient to the Company. No more than
10 consecutive working days’ holiday may normally be taken at any time. The holiday year runs from 1st January to 31st December. Up to 5 days of holiday may be carried over to the following holiday year and any such leave is to be taken by 30 April in the following year. Any further accrued but untaken holiday as of
the end of the calendar year will be forfeited. 

  

	8.2	If you have taken holiday in excess of your accrued entitlement upon termination of employment (however caused), an appropriate deduction from your final salary will be
made. 

  

	8.3	For purposes of the Working Time Regulations 1998, it will be deemed that the holidays stipulated by those Regulations are taken and exhausted first as part of your
contractual holiday entitlement. 

  

	8.4	In the event that your employment is terminated under section 13 of this Agreement or where you do not give full contractual notice of termination of employment, you
will not be entitled to any holiday pay in respect of accrued holiday entitlement in excess of your entitlement under the Working Time Regulations 1998. 

  

	9.	EXPENSES 

  

	9.1	You will be entitled to be reimbursed for reasonable out of pocket expenses wholly and properly incurred in the course of your duties on production of satisfactory
evidence, in accordance with the Company’s Travel & Expense Policy. 

  

	10.	PRIVATE MEDICAL INSURANCE 

  

	10.1	You are eligible for family coverage under the Company’s private medical insurance scheme for you, your spouse/partner and any of your children who are less than
18 years of age or less than 21 years of age if in full-time education, subject always to the provisions of this section 10 and the detailed provisions governing the scheme with which you will need to comply. 

 

	10.2	For so long as the Company maintains a scheme for its employees, subject to the rules of the relevant scheme from time to time in force and provided you have completed
any relevant administration form and are accepted for the relevant scheme, you are entitled to coverage. 

  

	10.3	The Company may withdraw or amend any of the benefits provided for in clause 10.1 at any time provided that a benefit of an equivalent value is provided in its place.

  

	11.	SICKNESS AND INJURY NOTIFICATION 

  

	11.1	If you are absent from work due to sickness or injury, you must follow the reporting procedures set out in the Sickness Absence Policy. 

  
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	12.	PAY DURING ABSENCE 

  

	12.1	If you are absent from work due to sickness or injury, the Company will pay up to 4 weeks per year for every year of service performed, which is inclusive of any
statutory sick pay and social security benefits to which you may be entitled. 

  

	12.2	Payment of Company sick pay under clause 12.1 is equivalent to normal basic pay and is in respect of the relevant number of weeks incapacity in total over any 12 month
period. Any company sick pay paid beyond the period specified in clause 12.1 will be paid at the absolute discretion of the Company and such discretionary payments may be varied, decreased or discontinued at any time upon serving one week’s
notice. 

  

	12.3	The Company may, at any time, require you to produce a medical certificate or undergo a medical examination by a medical practitioner appointed by the Company.

  

	13.	TERMINATION OF EMPLOYMENT 

  

	13.1	Subject to the provisions below, the length of notice you are obliged to give the Company to terminate your employment will be 12 months and the length of notice you
are entitled to receive from the Company to terminate your employment will be 12 months. Notice must always be given in writing and may be given at any time. 

 

	13.2	The Company may at any time by notice in writing terminate your employment for Cause (as defined in this clause 13.2) with immediate effect and without payment in lieu
of notice or compensation. For the purposes of this Agreement, the Company shall have cause (“Cause”) to terminate your employment if: 

  

	 	13.2.1	you commit any gross, serious or repeated default or misconduct or gross, serious or persistent incompetence or neglect of duties or any other breach of this Agreement,
in each case after written warning 

  

	 	13.2.2	you commit fraud, theft, embezzlement or dishonesty, whether committed before or after the date of employment, if such conduct could reasonably damage the Company or an
Associated Company economically or damage its reputation 

  

	 	13.2.3	your use of drugs or alcohol interferes with your ability to effectively carry out your duties 

 

	 	13.2.4	you refuse or neglect to comply with any reasonable and lawful orders given to you by the CEO and/or majority of the Board 

 

	 	13.2.5	you breach any material term of this Agreement 

  

	 	13.2.6	you behave in a manner (whether on or off duty) which, in the reasonable opinion of the Company, is likely to bring the Company or an Associated Company into disrepute
or materially prejudices the interests of the Company or an Associated Company or which seriously impairs your ability to perform your duties, or you commit any act of dishonesty, whether relating to the Company or otherwise

  
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	 	13.2.7	you are convicted of a criminal offence, except one that the Company does not consider to affect your position as its employee 

 

	 	13.2.8	you are disqualified from holding a valid driving license and unable to arrange transport (at no cost to the Company) to allow you to carry out your duties under this
Agreement 

  

	13.3	The Company may at any time by notice in writing terminate your employment as a result of a Disability (as defined in this clause 13.3) upon giving you the statutory
minimum period of notice. For the purposes of this Agreement, you will be considered to have a “Disability” if: 

  

	 	13.3.1	you have been unable to perform your duties due to sickness or injury for at least 26 weeks in aggregate in any period of 52 consecutive weeks. This will be calculated
pro rata for Part-time employees. This does not prevent the Company from dismissing you by giving you your usual period of notice, after shorter periods of absence 

 

	 	13.3.2	you become of unsound mind or a patient for the purposes of any statute relating to mental health. 

 

	13.4	If you become entitled to damages for wrongful dismissal, the following will be offset against any damages due from the Company: 

 

	 	13.4.1	any redundancy payment or ex gratia payment made by the Company to you (excluding the severance payment described in clause 13.11) 

 

	 	13.4.2	any payment the Company makes to you pursuant to an award or settlement of an unfair dismissal claim 

 

	 	13.4.3	any remuneration and benefits that you may receive from any third party under a contract for service, or any fees and benefits that you may receive from a third party
under a contract for services, or any pension payments that you may receive, or any payments that you may receive under any insurance policy as a result of the termination of your employment, in all cases during the period that would have been your
contractual notice period had you been given your contractual notice of termination of your employment by the Company and 

  

	 	13.4.4	any other payment whether ex gratia or otherwise and/or any other benefit that you may receive by virtue of or arising out of the termination of your employment,
including but not limited to, Job Seekers Allowance or other statutory benefit during the period that would have been your contractual notice period had you been given your contractual notice of termination of your employment by the Company.

  

	13.5	During part or all of your notice period, the Company reserves the right to require you to perform work that does not normally form part of your duties, to undertake
special projects, to work from home or not to attend work at all. During any such period when you are not required to work during your notice period, you will remain an employee of the Company. You will continue to receive your basic salary and any
other contractual entitlements and continue to be bound by all terms of this contract. 

  

	13.6	 On serving notice for any reason to terminate your employment or at any time during the notice period (whether notice was served by you or the
Company), the Company may, in its absolute discretion, terminate your employment immediately and continue to pay you your basic salary in 

  
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respect of the notice period (or the remaining part thereof) in lieu of notice (at the rate then current). In addition, the Company would maintain in place all contractual benefits that you would
have then been entitled to during the notice period (or the remaining unexpired part thereof) or, in its discretion and, to the extent permitted under clause 13.13, make a payment in lieu of such benefits representing their value.

  

	13.7	lf, at the company’s sole discretion, an employee is placed on “garden leave” during their notice period, then any outstanding leave days accrued will be
deemed to have been taken during the period of garden leave and no additional payment will be made in that regard. 

  

	13.8	If at any time your employment is terminated in connection with any reconstruction or amalgamation of the Company, whether by winding up or otherwise and you receive an
offer on terms which (considered in their entirety) are no less favorable to any material extent than the terms of this Agreement from a company involved in or resulting from such reconstruction or amalgamation, you shall have no claim whatsoever
against the Company or any Associated Company, or any such company involved in or resulting from such reconstruction or amalgamation, arising out of or connected with such termination. 

 

	13.9	At the end of your employment for whatever reason or in the event of either party giving notice to terminate your employment hereunder, you must on request resign any
directorships or other offices held by you in the Company or any Associated Company or by virtue of your employment and transfer to the company or as the Company may direct any shares or other securities held by you as nominee or trustee for the
Company or any Associated Company without payment in either case. If you fail to do so within 7 days of request, the Company is hereby irrevocably authorized to appoint a person in your name and on your behalf to execute any documents or do any
things necessary for such purpose(s). 

  

	13.10	After termination of your employment, you will not make any untrue or misleading statement about the Company, or its officers or employees or represent yourself as
being employed by or connected with the Company. 

  

	13.11	Should your employment be terminated by the Company for a reason other than Cause or Disability, you will receive a lump sum severance payment within 30 days of the
termination of your employment equivalent to 6 months annual basic salary. This payment shall be in addition to your right to the 12 months of notice, as set forth in clause 13.1. 

 

	13.12	Termination of this Agreement will not affect any provisions that are intended to operate after termination and will be without prejudice to any right the Company may
have in respect of any breach by you. 

 SECTION 409A U.S. INTERNAL REVENUE CODE OF 1986 

 

	13.13	Anything in this Agreement to the contrary notwithstanding: 

  

	 	13.13.1	 In the event that as of your termination date (other than due to death) you are a “specified employee” within the meaning of
Section 409A of the Internal Revenue Code of 1986, as amended (the “Code”), to the extent required in order to avoid accelerated taxation and/or tax penalties under Section 409A, amounts that would otherwise be payable and
benefits that would otherwise be provided pursuant to this Agreement during the six-month period immediately following your separation from service shall instead be paid on the first business day after the date that is six months following your
termination date, with interest from the date such amounts would otherwise have been paid at the short-

  
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term applicable federal rate, compounded semi-annually, as determined under Section 1274 of the Code, for the month in which payment would have been made but for the delay in payment
required to avoid the imposition of an additional rate of tax on you under Section 409A of the Code. All subsequent amounts or benefits that are deferred compensation subject to Section 409A of the Code (“Deferred
Compensation”), if any, will be payable in accordance with the regular payment schedule applicable to each such payment or benefit. Notwithstanding anything herein to the contrary, if you die following your date of termination but prior to
the six month anniversary of your date of termination, then any payments delayed in accordance with this clause will be paid in a lump sum as soon as administratively practicable (but not more than 90 days) after the date of your death and all other
Deferred Compensation will be payable in accordance with the payment schedule applicable to each payment or benefit. Each payment and benefit payable under this Agreement is intended to constitute a separate payment for purposes of
Section 1.409A-2(b)(2) of the Treasury Regulations; 

  

	 	13.13.2	Deferred Compensation otherwise payable or provided pursuant to this Agreement, which is paid upon your termination of employment, shall be paid only with respect to a
termination of employment that constitutes a “separation from service” within the meaning of Section 409A of the Code; 

  

	 	13.13.3	To the extent required to avoid an accelerated or additional tax under Section 409A of the Code, amounts reimbursable to you under this Agreement shall be paid to
you on or before the last day of the year following the year in which the expense was incurred and the amount of expenses eligible for reimbursement (and in-kind benefits provided to you) during any one year may not affect amounts reimbursable or
provided in any subsequent year; and 

  

	 	13.13.4	This Agreement is intended to comply with the requirements of Section 409A of the Code so that no Deferred Compensation provided hereunder will be subject to the
additional tax imposed under Section 409A of the Code, and any ambiguities herein will be interpreted to so comply. 

  

	14.	EXCLUSIVITY OF SERVICE 

  

	14.1	You are required to devote your full time, attention, and abilities to your employment, and to act in the best interests of the Company at all times. For this reason,
during the term of your employment, you must not, without the Company’s prior written consent (such consent not to be unreasonably withheld), engage or be concerned or interested directly or indirectly in any other trade, business or
occupation, including as director, shareholder, principal, consultant, agent, partner or employee of any other person, firm or company (except that you may hold for investment securities that do not exceed 3% in nominal value of the issued share
capital or stock of any class of any company quoted on a recognized stock exchange, and otherwise continue your involvement in Key Capital AG as of the date hereof). 

 

	15.	MATERNITY, PATERNITY, PARENTAL AND DEPENDANT LEAVE 

  

	15.1	Your non-contractual entitlement to maternity, paternity, parental and dependant leave is set out on the Human Resources Intranet site. 

  
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	16.	SMOKING POLICY 

  

	16.1	You will be required to comply with the Company’s Smoking Policy, which prohibits smoking on Company premises or in Company vehicles. 

 

	17.	DISCIPLINARY PROCEDURES 

  

	17.1	Any disciplinary matters relating to you will be dealt with by the Board. Such procedures do not form part of the terms and conditions of your employment.

  

	17.2	The Board reserves the right to suspend you on full pay, pending a disciplinary interview. 

 

	18.	GRIEVANCE PROCEDURES 

  

	18.1	You should refer any grievance to the Board. Any grievance procedure carried out does not form part of the terms and conditions of your employment.

  

	19.	DATA PROTECTION AND MONITORING 

  

	19.1	During your employment and for as long a period[s] as is/are necessary following the termination of your employment, the Company will: 

 

	 	19.1.1	produce, obtain, keep, and use personal data about you for administrative, management, analysis and assessment purposes and to comply with legal obligations in
connection with your recruitment, employment and the termination of your employment, both in personnel files and on the Company’s computer system. On occasion, the Company may need to disclose information about you to third parties

  

	 	19.1.2	produce, obtain, keep, and use sensitive personal data about you relating to: 

 

	 	(a)	your racial or ethnic origin for the purposes of equal opportunities monitoring 

 

	 	(b)	your health in order to enable the Company to safeguard your health and safety at work, in connection with the Company’s sick pay scheme, for administrative and
management purposes and for complying with statutory obligations 

  

	 	(c)	details of offences committed or allegedly committed by you where they have a reasonable bearing on your employment 

 

	 	19.1.3	transfer some or all of the information in the Company’s records about you to Associated Companies, companies in which the Company or an Associated Company has a
shareholding, Persons with which or whom the Company or an Associated Company has a contractual relationship or anticipates having a contractual relationship and Persons processing data on behalf of the Company and the professional advisers of the
Company or Associated Companies. Any of these Persons may be based outside the European Economic Area (the “EEA”). Where the disclosure or transfer is to a country outside the EEA, the Company will take steps to ensure that your
rights and freedoms in relation to the processing of relevant personal data are adequately protected. 

  
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	19.2	In signing this Agreement, you consent to the Company carrying out the processing of personal data described in clause 19.1. This is to comply with the Data Protection
Act 1998 and the Human Rights Act 1998. 

  

	19.3	During your employment, the Company may monitor and record your telephone calls, e-mails, Internet use, faxed messages and documents that are created, stored,
communicated or made on Company equipment and systems. The reason for this monitoring and recording may be to check whether your use of Company computer and communication systems is legitimate and complies with the Company’s rules, to find lost
messages, to investigate misconduct and to comply with any of the Company’s legal obligations. In signing this Agreement, you consent to the Company undertaking such monitoring and recording. This is to comply with the Regulation of
Investigatory Powers Act 2000, the Data Protection Act 1998 and the Human Rights Act 1998. 

  

	20.	INTELLECTUAL PROPERTY 

  

	20.1	It may be part of your duties to create or develop designs, inventions, compilations, databases, computer codes, ideas, discoveries and improvements, whether in
products, processes, procedures or services directly or indirectly relating to or furthering the business or any interest of the Company or its Associated Companies or capable of doing so (an “Invention”). You must promptly document
full details of any Inventions and disclose such documentation to the Company. All intellectual property rights (such as copyright, patents, trade marks and design rights “Intellectual Property”) in any such Invention will vest upon
creation in the Company and (to the extent that it does not automatically vest in the Company by operation of law) you will hold it in trust for the Company until such rights have been fully and absolutely vested in the Company or its nominee and
you will execute all such documents and make such applications and do all such things as the Company may require (whether during or after your employment) to ensure that full title to any and all such Intellectual Property vests in the Company or
for the purpose of registering and/or protecting any and all such Intellectual Property in the name of the Company or its nominee. 

  

	20.2	You hereby irrevocably appoint the Company to be your attorney in your name and on your behalf to execute any document or do anything and generally to use your name for
the purpose of giving to the Company or any third party nominated by the Company the full benefit of the provisions of this section 20. A certificate in writing signed by a director or company secretary of the Company that any instrument or act
falls within the authority hereby conferred shall be conclusive evidence that such is the case. The provisions of this section 20 are without prejudice to such (if any) compensation as you may be or become entitled to under the Patents Act 1977.

  

	20.3	You shall not do anything to jeopardize the prospect of securing or the validity of any such Intellectual Property or do or omit to do any act that might be
inconsistent with the Company’s or any Associated Company’s rights of ownership in the Inventions or Intellectual Property generally. You will not publish or cause to be published any know-how or confidential information other than for
furthering the business of the Company or its Associated Companies and then only on a need-to-know basis. You shall not either during your employment or thereafter exploit or assist others to exploit any Invention, Intellectual Property, know-how or
confidential information of the Company. The patenting and exploitation of any Intellectual Property shall be at the sole discretion of the Company. 

  

	20.4	You hereby irrevocably and unconditionally waive in favor of the Company any and all moral rights conferred on you by Chapter IV of Part I of the Copyright Designs and
Patents Act 1988 and any other laws in any part of the world for any work in which copyright or design right is vested in the Company whether by this section 20 or otherwise. 

  
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	21.	RESTRICTIVE COVENANTS 

  

	21.1	Without the prior written permission of the Company (such consent to be withheld only so far as may be reasonably necessary to protect the legitimate interests of the
Company), you agree that you will not, in competition with the business being carried on by the Company with which you were concerned at any time during the 6 months prior to the termination of your employment and whether on your own account or for
any other Person directly or indirectly within any country in which the Company has a substantial commercial presence 

  

	 	21.1.1	For 6 months after the termination of your employment, solicit or endeavor to entice away from the Company, any Client or Potential Client with whom or which you had
material personal dealings in the course of your employment at any time in the 6 months prior to the termination of your employment 

  

	 	21.1.2	For 6 months after the termination of your employment, accept orders from or have any business dealings with any Client or Potential Client with whom or which you had
material personal dealings in the course of your employment at any time in the 6 months prior to the termination of your employment 

  

	 	21.1.3	For 6 months after the termination of your employment, solicit or endeavor to entice away from the Company or employ or procure the employment of any person who was as
at the termination of your employment employed by the Company in a senior capacity and who had been so employed during the 6 months prior to the termination of your employment and over whom you had personal influence or management responsibility or
with whom you had regular day to day business contact during the 6 months prior to the termination of your employment 

  

	 	21.1.4	For 6 months after the termination of your employment, interfere with the supply of services or materials or goods to the Company by any Person who makes supply of such
services, goods or materials to the Company at the termination of your employment or during the 6 months prior to the termination of your employment. 

  

	21.2	Without the prior written permission of the Company (such consent to be withheld only so far as may be reasonably necessary to protect the legitimate interests of the
Company), you agree that you will not, for a period of 6 months after the termination of your employment, within any country in which the Company has a substantial commercial presence, whether on your own account or for any other Person, directly or
indirectly, be engaged or interested (whether as principal, partner, officer, servant, agent, consultant or controller of any shares or debentures) in any business in competition with the business being carried on by the Company in which you were
materially concerned in the course of your employment in the 6 months prior to the termination of your employment (always accepting that, after the termination of your employment, nothing in this clause or Agreement shall prevent you becoming a
registered holder of not more than 3% of any class of publicly quoted securities of any company). 

  

	21.3	If the Company should exercise its right to put you on garden leave, the periods of the currency of the restraints imposed on you will be reduced by the length of the
period during which you are on garden leave. 

  
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	21.4	You agree that you will not, at any time after the termination of your employment, make use of any corporate or business name that is identical to or similar with or
likely to be confused with the corporate name(s) and/or business names of the Company or in any way hold yourself out as being connected with the Company. 

  

	21.5	If at any time during your employment you are directly or indirectly approached or solicited by any person with a view to or with the intention of your taking up
employment or entering into some other business relationship, whether directly or indirectly, with any Person who or which is involved in a business that is competitive with the current or then contemplated business of the Company, you shall
disclose that fact and the names of the parties involved immediately to a Director of the Company. Otherwise you will refrain from disclosure to any other Person. 

 

	21.6	If at any time during your employment or thereafter during the currency of any restriction in this clause, you are directly or indirectly approached or solicited by any
Person with a view to or with the intention of your taking up employment or entering into some other business relationship, whether directly or indirectly, with any Person who or which is involved in a business that is competitive with the current
or then contemplated business of the Company, you shall immediately draw the provisions of this clause to the attention of the Person who so directly or indirectly approached or solicited you. 

 

	21.7	Any reference to the Company and to the Company’s trade or business shall be deemed to also refer to any Associated Company on behalf of which you have carried out
duties during the 6 months prior to the termination of your employment and its trade or business and/or to apply to it as if the words were repeated by reference to such company and you hereby undertake to execute any further documents that the
Company may require to confirm this. 

 You acknowledge that: 

 

	 	21.7.1	each of the foregoing sub-clauses of this clause constitute an entirely separate and independent restriction on you; 

 

	 	21.7.2	whilst at the date of this Agreement the duration, extent and application of each of the restrictions are considered by the parties no greater than is necessary for the
protection of the Company’s interests and reasonable in all the circumstances it is acknowledged that restrictions of such a nature may become invalid because of changing circumstances, and accordingly, if any of the restrictions shall be
adjudged to be void or ineffective for whatever reason but would be adjudged to be valid and effective if part of the wording thereof were deleted or the periods thereof reduced or the area thereof reduced in scope, they shall apply with such
modifications as may be necessary to make them valid and effective; and 

  

	 	21.7.3	before entering into this Agreement, you had the opportunity to obtain legal advice. 

 

	22.	CONFIDENTIALITY AND COMPANY PROPERTY 

  

	22.1	At no time during your employment with the Company or thereafter, except in the proper course of your employment or as required by law, may you disclose to any Person
or make use of, whether on your own account or for any Person, any information that is of a sufficiently high degree of confidentiality as to amount to a trade secret of the Company or any information used in the business of the Company that, if
disclosed to a competitor, would be liable to cause real significant damage to the Company or any information in respect of which the Company owes a duty of confidence to any Person. 

  
 12 

	22.2	During the course of your employment you may have access to and be entrusted with confidential information relating to the Company’s business
(“Confidential Information”) and that of its Associated Companies, which is not readily ascertainable by Persons not connected with the Company, such as information relating to the following, in relation to the Company and its
Associated Companies: 

  

	 	22.2.1	management information, corporate and marketing strategy, marketing surveys, plans and strategies, advertising and promotional material, business development plans,
sales reports and research results, maturing new business opportunities, charging structures 

  

	 	22.2.2	business methods and processes, products and services, technical information and know-how and any other information that is not available to the public generally,
including inventions, designs, programs, techniques, database systems, formulae and ideas 

  

	 	22.2.3	business contacts, mailing lists purchased by the Company, names, addresses, telephone numbers, contact names and identities of Clients and Potential Clients and of
suppliers and potential suppliers and terms of business with Clients and suppliers, order requirements and patterns of Clients and other Client and supplier database details 

 

	 	22.2.4	information on employees and the terms of their employment 

  

	 	22.2.5	finances, budgets, management accounts, trading statements, production and service costs, regulatory reports and other financial reports 

 

	 	22.2.6	any information that you are informed by your manager is to be treated as confidential 

 

	 	22.2.7	any information marked “Confidential” held on computer or on any document. 

 

	22.3	Without prejudice to clause 22.1, you must not during your employment (except in the proper performance of your duties, and then only to those who need to know such
information) or afterwards (otherwise than with the prior written consent of the Company or as required by law) disclose to any Person or make use of, whether on your own account or for any Person any Confidential Information. You must also use your
best endeavors to prevent the publication or disclosure of Confidential Information by any Person. These restrictions will not apply to information that has become available to the public generally, other than through your unauthorized disclosure.

  

	22.4	All property of the Company or an Associated Company such as notes, memoranda, correspondence, documents, computer and other discs and tapes, data listings, codes
designs and drawings and other documents and material whatsoever (whether made by you or otherwise) relating to the business of the Company, any Associated Company or any of its or their clients and any copies of them: 

 

	 	22.4.1	must not be removed, except for the proper performance of your duties 

  

	 	22.4.2	must be returned on request and/or on termination of employment. 

  
 13 

	22.5	You must not memorize or copy any Confidential Information or send any property belonging to the Company or an Associated Company to any Person, whether in paper or
electronic format, other than in the proper performance of your duties. 

  

	22.6	Nothing in this clause shall prevent you from exercising any of your rights under the Public Interest Disclosure Act 1998. You are referred to the Company’s
Whistle Blowing Policy. 

  

	23.	CHANGES TO TERMS AND CONDITIONS 

  

	23.1	The Company reserves the right to make reasonable changes to any of your terms and conditions of employment, which will only be valid if confirmed in writing by the
Company. You will be notified of minor changes of detail by way of general notice. You will be given not less than one month’s written notice of any significant changes that may be given by way of a written statement containing particulars of
the change. 

  

	24.	DISCRIMINATION 

  

	24.1	In order to enable the Company to maintain a positive work environment, you are not to engage in or knowingly permit any fellow worker to engage in any harassment or
discrimination on the grounds of sex, pregnancy and maternity, sexual orientation, gender reassignment, marriage and civil partnership, race, age, disability, religion or belief or any other unlawful discrimination against any person (whether or not
an employee of the Company) in the course of your duties. Such conduct will be treated very seriously as a disciplinary matter. Further details of the Company’s policies are on the Human Resources Intranet. 

 

	25.	FURTHER PARTICULARS 

  

	25.1	There are no terms applying to this Agreement that relate to the following: 

 

	 	25.1.1	The period for which the employment is intended to continue or the date when it is to end. 

 

	 	25.1.2	Any collective agreements that directly affect the terms and conditions of employment 

 

	25.2	The terms of this Agreement constitute all the terms of your contract of employment with the Company. This Agreement supersedes with effect on the Effective Date all
terms previously agreed between you and the Company. 

  

	25.3	You agree that you are not entering into this Agreement in reliance on any representation, warranty or undertaking that is not contained in this Agreement.

  

	25.4	You warrant to the Company that you are not subject to any restriction that will or might affect your ability to comply fully with the terms of this Agreement.

  

	25.5	Any notice given under this Agreement will be properly served if it is handed to you or posted to your last known residential address or if it is delivered by hand to
or posted to the main place of business of the Company and marked for your attention. Letters delivered by hand will be deemed to have been served when so delivered. Letters posted by first class post will be deemed to have been served on the second
day after posting. 

  

	25.6	Any delay on the part of the Company in acting on any breach by you of this contract shall not waive the Company’s rights in respect of the breach.

  
 14 

	25.7	No person (other than an Associated Company) who is not a party to this Agreement has or shall have any rights under the Contracts (Rights of Third Parties) Act 1999 to
enforce any term of this Agreement and no consent of any third party shall be required under that Act to any cancellations or variations of this Agreement. 

 

	25.8	This agreement may be executed in any number of counterparts, including facsimiles, each of which is an original and all of which together evidence the same agreement.

  

	25.9	The terms and conditions contained in this Agreement, and any subsequent revisions, shall be governed by and construed in accordance with the laws of England and Wales.

  

	26.	DEFINITIONS 

  

	26.1	In this Agreement, any reference to 

  

	 	26.1.1	any Act of Parliament or delegated legislation includes a reference to any statutory modification or re-enactment of it or the provisions referred to

  

	 	26.1.2	“Associated Company”: means any company that is a holding company or a subsidiary of the Company or a subsidiary of the Company’s holding company,
and “holding company” and “subsidiary” shall have the meanings given by s.1159 Companies Act 2006 

  

	 	26.1.3	“Board”: is to the board of directors of the Company 

  

	 	26.1.4	“Client”: is to any Person who or which has placed business with the Company over the previous 6 months 

 

	 	26.1.5	“Person”: includes an individual, firm, corporation, association, venture, enterprise, business or any other organization or entity however it is
constituted 

  

	 	26.1.6	“Potential Client”: is to any Person at which or to whom the Company has targeted the marketing of its products or services over the previous 6 months
and/or any Person who the Company has identified for the targeting of the marketing of its products or services over the previous 6 months 

  

	 	26.1.7	any example given after the words “such as” is given without limitation. 

  
 15 

					
	Signed	 	 /s/ Bruce Chizen
	  	 
		 	 Bruce Chizen 
 Director of NDS Group Limited and Compensation Committee Chair 
 (For the
Company)

 Dated: December 7, 2011 
 I acknowledge receipt of these terms and conditions of employment and confirm my agreement that these constitute my contract of employment with the Company. 

 

					
	Signed	 	 /s/ Pyrros Koussios
	 	 
		 	Pyrros Koussios	 	

 Dated: December 7, 2011 

  
 16Form of Indemnification Agreement

 Exhibit 10.13 
 FORM OF INDEMNIFICATION AGREEMENT 
 AGREEMENT, dated as of [—], 2011, by and between NDS Group Holdings Limited, a Bermuda exempted limited liability company (the “Company”), and
[                    ] (the “Indemnitee”). 
 WHEREAS, it is essential to the Company to retain and attract as directors and officers the most capable persons available; 
 WHEREAS, the Indemnitee is a director and/or officer of the Company; 
 WHEREAS,
the Company and the Indemnitee recognize the increased risk of litigation and other claims being asserted against directors and officers of public companies; 
 WHEREAS, the Company’s bye-laws, as amended from time to time (“Bye-Laws”) require the Company to indemnify and advance expenses to its directors and officers to the extent provided
therein, and the Indemnitee serves as a director and/or officer of the Company, in part, in reliance on such provisions in the Company’s Bye-Laws; 
 WHEREAS, the Company has determined that its inability to retain and attract as directors and officers the most capable persons would be detrimental to the interests of the Company, and that the Company
therefore should seek to assure such persons that indemnification and insurance coverage will be available in the future; 

WHEREAS, the parties intend that any rights the Indemnitee may have from Indemnitee-Related Entities (as defined herein) shall be
secondary to the primary obligation of the Company to indemnify and hold harmless the Indemnitee under this Agreement; and 

WHEREAS, in recognition of the Indemnitee’s need for substantial protection against personal liability in order to enhance the
Indemnitee’s continued service to the Company in an effective manner and the Indemnitee’s reliance on the Company’s Bye-Laws, and in part to provide the Indemnitee with specific contractual assurance that the protection promised by
the Company’s Bye-Laws will be available to the Indemnitee (regardless of, among other things, any amendment to or revocation of the applicable provisions of the Company’s Bye-Laws or any change in the composition of the governing bodies
of the Company or any acquisition transaction relating to the Company), the Company wishes to provide in this Agreement for the indemnification of and the advancing of expenses to the Indemnitee to the fullest extent (whether partial or complete)
permitted by law and as set forth in this Agreement, and, to the extent insurance is maintained, for the continued coverage of the Indemnitee under the directors’ and officers’ liability insurance policy of the Company. 

NOW, THEREFORE, in consideration of the premises and of the Indemnitee continuing to serve the Company directly or, on its behalf or at
its request, as 

 
an officer, director, manager, member, partner, tax matters partner, fiduciary or trustee of, or in any other capacity with, another Person (as defined below) or any employee benefit plan, and
intending to be legally bound hereby, the parties hereto agree as follows: 
 1. Certain Definitions. In addition to
terms defined elsewhere herein, the following terms have the following meanings when used in this Agreement: 
  

	 	(a)	Agreement: shall mean this Indemnification Agreement, as amended from time to time hereafter. 

 

	 	(b)	Board of Directors: shall mean the Board of Directors of the Company. 

 

	 	(c)	 Change in Control: shall be deemed to have occurred if (i) any “person” (as such term is used in Sections 13(d) and 14(d) of the
Securities Exchange Act of 1934, as amended), other than NDS Holdco Inc., Nuclobel Lux 1 S.àr.l and Nuclobel Lux 2 S.àr.l and any of their respective affiliates or successors, and a trustee or other fiduciary holding securities under
an employee benefit plan of the Company or a corporation owned directly or indirectly by the shareholders of the Company in substantially the same proportions as their ownership of shares of the Company, is or becomes the “beneficial
owner” (as defined in Rule 13d-3 under said Act), directly or indirectly, of securities of the Company representing 20% or more of the total voting power represented by the Company’s then issued and outstanding Voting Securities, or
(ii) during any period of two consecutive years, individuals who at the beginning of such period constitute the Board of Directors and any new director (other than a director designated by a person who has entered into an agreement with the
Company to effect a transaction described in subsections (i) or (iii) of this definition or a director whose initial nomination for, or assumption of office as, a member of the Board of Directors occurs as a result of an actual or
threatened solicitation of proxies or consents for the election or removal of one or more directors by any person or group other than a solicitation for the election of one or more directors by or on behalf of the Board of Directors) whose election
to the Board of Directors or nomination for election by the Company’s shareholders was approved by a vote of at least two-thirds (2/3) of the directors then still in office who either were directors at the beginning of the period or whose
election or nomination for election was previously so approved, cease for any reason to constitute a majority thereof, or (iii) the shareholders of the Company approve an amalgamation, scheme of arrangement, merger or consolidation of the
Company with any other corporation, other than an amalgamation, scheme of arrangement, merger or consolidation which would result in the Voting 

  
 2 

	 	
Securities of the Company issued and outstanding immediately prior thereto continuing to represent (either by remaining outstanding or by being converted into Voting Securities of the surviving
entity) at least 80% of the total voting power represented by the Voting Securities of the Company or such surviving entity outstanding immediately after such amalgamation, scheme of arrangement, merger or consolidation, or the shareholders of the
Company approve a plan of complete liquidation of the Company or an agreement for the sale or disposition by the Company of (in one transaction or a series of transactions) all or substantially all of the Company’s assets.

  

	 	(d)	Claim: means any threatened, asserted, pending or completed civil, criminal, administrative, investigative or other action, suit or proceeding of any kind
whatsoever, including any arbitration or other alternative dispute resolution mechanism, or any appeal of any kind thereof, or any inquiry or investigation, whether instituted by (or in the right of) any member of the Group, any governmental agency
or any other party, that the Indemnitee in good faith believes might lead to the institution of any such action, suit or proceeding, whether civil, criminal, administrative, investigative or other, including any arbitration or other alternative
dispute resolution mechanism. 

  

	 	(e)	Group: means the Company and its direct and indirect subsidiaries from time to time. 

 

	 	(f)	 Indemnifiable Expenses: means (i) all expenses and liabilities, including judgments, fines, penalties, interest, amounts paid in settlement
with the approval of the Company, and counsel fees and disbursements (including, without limitation, experts’ fees, court costs, retainers, transcript fees, duplicating, printing and binding costs, as well as telecommunications, postage and
courier charges) paid or incurred in connection with investigating, defending, being a witness in or participating in (including on appeal), or preparing to investigate, defend, be a witness in or participate in, any Claim by reason of the fact that
the Indemnitee is or was or has agreed to serve as a director, officer, employee or agent of any member of the Group, or while serving as a director or officer of any member of the Group, is or was serving or has agreed to serve on behalf of or at
the request of any member of the Group as a director, officer, employee or agent (which, for purposes hereof, shall include a trustee, fiduciary, partner or manager or similar capacity) of another corporation, limited liability company, partnership,
joint venture, trust, employee benefit plan or other enterprise, or by reason of any action alleged to have been taken or omitted in any such capacity, whether occurring before, on or after the date of this

  
 3 

	 	
Agreement (any such event, an “Indemnifiable Event”), (ii) any liability pursuant to a loan guaranty or otherwise, for any indebtedness of any member of the Group,
including, without limitation, any indebtedness which any member of the Group has assumed or taken subject to, and (iii) any liabilities which the Indemnitee incurs as a result of acting on behalf of a member of the Group (whether as a
fiduciary or otherwise) in connection with the operation, administration or maintenance of an employee benefit plan or any related trust or funding mechanism (whether such liabilities are in the form of excise taxes assessed by the United States
Internal Revenue Service, penalties assessed by the United States Department of Labor, restitutions to such a plan or trust or other funding mechanism or to a participant or beneficiary of such plan, trust or other funding mechanism, or otherwise).

  

	 	(g)	Indemnitee-Related Entities: means any corporation, limited liability company, partnership, joint venture, trust, employee benefit plan or other enterprise
(other than the Company or any other corporation, limited liability company, partnership, joint venture, trust, employee benefit plan or other enterprise the Indemnitee has agreed, on behalf of the Company or at the Company’s request, to serve
as a director, officer, employee or agent and which service is covered by the indemnity described in this Agreement) from whom the Indemnitee may be entitled to indemnification or advancement of expenses with respect to which, in whole or in part,
the Company may also have an indemnification or advancement obligation (other than as a result of obligations under an insurance policy). 

  

	 	(h)	Independent Legal Counsel: means an attorney or firm of attorneys (following a Change in Control, selected in accordance with the provisions of Section 3
hereof), who is experienced in the matters of corporate law and who shall not have otherwise performed services for the Company or the Indemnitee within the last five years (other than with respect to matters concerning the rights of the Indemnitee
under this Agreement, or of other indemnitees under similar indemnity agreements). 

  

	 	(i)	Jointly Indemnifiable Claim: means any Claim for which the Indemnitee shall be entitled to indemnification from both an Indemnitee-Related Entity and the Company
pursuant to applicable law, any indemnification agreement or the certificate of incorporation, memorandum of association, bye-laws, partnership agreement, operating agreement, certificate of formation, certificate of limited partnership or
comparable organizational documents of the Company and an Indemnitee-Related Entity. 

  
 4 

	 	(j)	Person: means any individual, corporation, firm, partnership, joint venture, limited liability company, estate, trust, business association, organization,
governmental entity or other entity. 

  

	 	(k)	Reviewing Party: means any appropriate person or body consisting of a member or members of the Board of Directors or any other person or body appointed by the
Board of Directors who is not a party to the particular Claim for which the Indemnitee is seeking indemnification, or Independent Legal Counsel. 

  

	 	(l)	Voting Securities: means any securities of the Company which vote generally in the election of directors to the Board of Directors. 

2. Basic Indemnification Arrangement; Advancement of Expenses. 

(a) In the event that the Indemnitee was, is or becomes subject to, a party to or witness or other participant in, or is threatened to be
made subject to, a party to or witness or other participant in, a Claim by reason of (or arising in part out of) an Indemnifiable Event, the Company shall indemnify the Indemnitee, or cause the Indemnitee to be indemnified, to the fullest extent
permitted by applicable law in effect on the date hereof and as amended from time to time; provided, however, that no change in applicable law shall have the effect of reducing the benefits available to the Indemnitee hereunder based
on applicable law as in effect on the date hereof or as such benefits may improve as a result of amendments after the date hereof. The rights of the Indemnitee provided in this Section 2 shall include, without limitation, the rights set forth
in the other sections of this Agreement. Payments of Indemnifiable Expenses shall be made as soon as practicable but in any event no later than twenty (20) days after written demand is presented to the Company, against any and all Indemnifiable
Expenses. 
 (b) If so requested by the Indemnitee, the Company shall advance, or cause to be advanced (within two business days
of such request), any and all Indemnifiable Expenses incurred by the Indemnitee (an “Expense Advance”). The Company shall, in accordance with such request (but without duplication), either (i) pay, or cause to be paid, such
Indemnifiable Expenses on behalf of the Indemnitee, or (ii) reimburse, or cause the reimbursement of, the Indemnitee for such Indemnifiable Expenses. The Indemnitee’s right to an Expense Advance is absolute and shall not be subject to any
condition that the Board of Directors shall not have determined that the Indemnitee is not entitled to be indemnified under applicable law. However, the obligation of the Company to make an Expense Advance pursuant to this Section 2(b) shall be
subject to the condition that, if, when and to the extent that a final judicial determination is made (as to which all rights of appeal therefrom have been exhausted or lapsed) that the Indemnitee is not entitled to be so indemnified under
applicable law, the Company shall be entitled to be reimbursed by the Indemnitee (who hereby agrees to reimburse the Company) for all such amounts theretofore paid (it being understood and agreed that the foregoing agreement by the Indemnitee shall
be deemed to satisfy any requirement that the Indemnitee provide the Company with an undertaking to repay any Expense Advance if it is ultimately determined that the Indemnitee is not entitled to indemnification under applicable law). The
Indemnitee’s undertaking to repay such Expense Advances shall be unsecured and interest-free. 

  
 5 

 (c) Notwithstanding anything in this Agreement to the contrary, the Indemnitee shall not be
entitled to indemnification or advancement of Indemnifiable Expenses pursuant to this Agreement in connection with any Claim initiated by the Indemnitee unless (i) the Company has joined in or the Board of Directors of the Company has
authorized or consented to the initiation of such Claim or (ii) the Claim is one to enforce the Indemnitee’s rights under this Agreement (including an action pursued by the Indemnitee to secure a determination that the Indemnitee should be
indemnified under applicable law). 
 (d) Without limiting the foregoing or the rights of the Indemnitee pursuant to Sections
2(a) and 2(b), a determination by the Company that the Indemnitee is not entitled to indemnification pursuant to Section 2(a) shall be made only by the Reviewing Party pursuant to a legal opinion. If there has not been a Change in Control, the
Reviewing Party shall be selected by the Board of Directors, and if there has been such a Change in Control, the Reviewing Party shall be the Independent Legal Counsel referred to in Section 3 hereof. If there has been no determination by the
Reviewing Party within thirty (30) days after written demand is presented to the Company or if the Reviewing Party determines that the Indemnitee would not be permitted to be indemnified in whole or in part under applicable law, the Indemnitee
shall have the right to commence litigation in any court in the States of New York or Delaware having subject matter jurisdiction thereof and in which venue is proper seeking an initial determination by the court or challenging any such
determination by the Reviewing Party or any aspect thereof, including the legal or factual bases therefor, and the Company hereby consents to service of process and to appear in any such proceeding. If the Indemnitee commences legal proceedings in a
court of competent jurisdiction to secure a determination that the Indemnitee should be indemnified under applicable law, any determination made by the Reviewing Party that the Indemnitee is not entitled to be indemnified under applicable law shall
not be binding, the Indemnitee shall continue to be entitled to receive Expense Advances, and the Indemnitee shall not be required to reimburse the Company for any Expense Advance, until a final judicial determination is made (as to which all rights
of appeal therefrom have been exhausted or lapsed) that the Indemnitee is not entitled to be so indemnified under applicable law. Any determination by the Reviewing Party otherwise shall be conclusive and binding on the Company and the Indemnitee.

 (e) To the extent that the Indemnitee has been successful on the merits or otherwise in defense of any or all Claims relating
in whole or in part to an Indemnifiable Event or in defense of any issue or matter therein, including dismissal without prejudice, the Indemnitee shall be indemnified against all Indemnifiable Expenses actually and reasonably incurred in connection
therewith, notwithstanding an earlier determination by the Reviewing Party that the Indemnitee is not entitled to indemnification under applicable law. 

  
 6 

 3. Change in Control. The Company agrees that if there is a Change in Control of the
Company (other than a Change in Control which has been approved by a majority of the Board of Directors who were directors immediately prior to such Change in Control) then with respect to all matters thereafter arising concerning the rights of the
Indemnitee to indemnity payments and Expense Advances under this Agreement or any provision of the Company’s Memorandum of Association or of the Bye-Laws hereafter in effect relating to Claims for Indemnifiable Events, the Company shall seek
legal advice only from Independent Legal Counsel selected by the Indemnitee and approved by the Company (which approval shall not be unreasonably delayed, conditioned or withheld). Such counsel, among other things, shall render its written opinion
to the Company and the Indemnitee as to whether and to what extent the Indemnitee would be permitted to be indemnified under applicable law. The Company agrees to pay the reasonable fees of the Independent Legal Counsel and to indemnify fully such
counsel against any and all expenses (including attorneys’ fees), claims, liabilities and damages arising out of or relating to this Agreement or its engagement pursuant hereto. 

4. Indemnification for Additional Expenses. The Company shall indemnify, or cause the indemnification of, the Indemnitee against
any and all Indemnifiable Expenses and, if requested by the Indemnitee, shall advance such Indemnifiable Expenses to the Indemnitee subject to and in accordance with Section 2(b), which are incurred by the Indemnitee in connection with any
action brought by the Indemnitee, the Company or any other Person with respect to the Indemnitee’s right to: (i) indemnification or an Expense Advance by the Company under this Agreement or any other agreement or provision of the
Company’s Memorandum of Association or the Bye-Laws, now or hereafter in effect, and/or (ii) recovery under any directors’ and officers’ liability insurance policies maintained by the Company, regardless of whether the Indemnitee
ultimately is determined to be entitled to such indemnification, Expense Advance or insurance recovery, as the case may be; provided that the Indemnitee shall be required to reimburse such Indemnifiable Expenses in the event that a final judicial
determination is made (as to which all rights of appeal therefrom have been exhausted or lapsed) that such action brought by the Indemnitee, or the defense by the Indemnitee of an action brought by the Company or any other Person, as applicable, was
frivolous or in bad faith. 
 5. Partial Indemnity, Etc. If the Indemnitee is entitled under any provision of this
Agreement to indemnification by the Company for some or a portion of the Indemnifiable Expenses in respect of a Claim but not, however, for all of the total amount thereof, the Company shall nevertheless indemnify the Indemnitee for the portion
thereof to which the Indemnitee is entitled. Moreover, notwithstanding any other provision of this Agreement, to the extent that the Indemnitee has been successful on the merits or otherwise in defense of any or all Claims relating in whole or in
part to an Indemnifiable Event or in defense of any issue or matter therein, including dismissal without prejudice, the Indemnitee shall be indemnified against all Indemnifiable Expenses incurred in connection therewith. 

6. Burden of Proof. In connection with any determination by the Reviewing Party or otherwise as to whether the Indemnitee is
entitled to be indemnified hereunder, 

  
 7 

 
the Reviewing Party, court, any finder of fact or other relevant person shall presume that the Indemnitee has satisfied the applicable standard of conduct and is entitled to indemnification, and
the burden of proof shall be on the Company or its representative to establish, by clear and convincing evidence, that the Indemnitee is not so entitled. 
 7. Reliance as Safe Harbor. For purposes of this Agreement, and without creating any presumption as to a lack of good faith if the following circumstances do not exist, the Indemnitee shall be
deemed to have acted in good faith and in a manner he or she reasonably believed to be in or not opposed to the best interests of the Company if the Indemnitee’s actions or omissions to act are taken in good faith reliance upon the records
of the Company, including its financial statements, or upon information, opinions, reports or statements furnished to the Indemnitee by the officers or employees of the Company or any of its subsidiaries in the course of their duties, or by
committees of the Board of Directors, or by any other Person (including legal counsel, accountants and financial advisors) as to matters the Indemnitee reasonably believes are within such other Person’s professional or expert competence and who
has been selected with reasonable care by or on behalf of the Company. In addition, the knowledge and/or actions, or failures to act, of any director, officer, agent or employee of the Company shall not be imputed to the Indemnitee for purposes of
determining the right to indemnity hereunder. 
 8. No Other Presumptions. For purposes of this Agreement, the
termination of any Claim by judgment, order, settlement (whether with or without court approval) or conviction, or upon a plea of nolo contendere or its equivalent, shall not create a presumption that the Indemnitee did not meet any particular
standard of conduct or have any particular belief or that a court has determined that indemnification is not permitted by applicable law. In addition, neither the failure of the Reviewing Party to have made a determination as to whether the
Indemnitee has met any particular standard of conduct or had any particular belief, nor an actual determination by the Reviewing Party that the Indemnitee has not met such standard of conduct or did not have such belief, prior to the commencement of
legal proceedings by the Indemnitee to secure a judicial determination that the Indemnitee should be indemnified under applicable law shall be a defense to the Indemnitee’s claim or create a presumption that the Indemnitee has not met any
particular standard of conduct or did not have any particular belief. 
 9. Nonexclusivity, Etc. The rights of the
Indemnitee hereunder shall be in addition to any other rights the Indemnitee may have under the Company’s Memorandum of Association, the Bye-Laws or the Companies Act 1981, as amended of Bermuda or otherwise. To the extent that a change in
applicable law or the interpretation thereof (whether by statute or judicial decision) permits greater indemnification by agreement than would be afforded currently under the Company’s Memorandum of Association and the Bye-Laws, it is the
intent of the parties hereto that the Indemnitee shall enjoy by this Agreement the greater benefits so afforded by such change. To the extent that there is a conflict or inconsistency between the terms of this Agreement and the Company’s
Bye-Laws, it is the intent of the parties hereto that the Indemnitee shall enjoy the greater benefits regardless of whether contained herein, in the Company’s Memorandum of Association or the Bye-Laws. No amendment or alteration of the
Company’s Memorandum of Association or the Bye-Laws or any other agreement shall adversely 

  
 8 

 
affect the rights provided to the Indemnitee under this Agreement. No limitation of the Indemnitee’s rights pursuant to this Agreement shall in any way limit, or imply any limitation of, the
Indemnitee’s rights under any other agreement or under applicable law. 
 10. Liability Insurance. The Company shall
use its reasonable best efforts to purchase and maintain a policy or policies of insurance with reputable insurance companies with A.M. Best ratings of “A” or better, providing the Indemnitee with coverage for any liability asserted
against, or incurred by, the Indemnitee or on the Indemnitee’s behalf by reason of the fact that the Indemnitee is or was or has agreed to serve as a director, officer, employee or agent of the Company, or while serving as a director or officer
of the Company, is or was serving or has agreed to serve on behalf of or at the request of the Company as a director, officer, employee or agent (which, for purposes hereof, shall include a trustee, fiduciary, partner or manager or similar capacity)
of another corporation, limited liability company, partnership, joint venture, trust, employee benefit plan or other enterprise, or arising out of the Indemnitee’s status as such, whether or not the Company would have the power to indemnify the
Indemnitee against such liability under the provisions of this Agreement. Such insurance policies shall have coverage terms and policy limits at least as favorable to the Indemnitee as the insurance coverage provided to any other director or officer
of the Company. If the Company has such insurance in effect at the time the Company receives from the Indemnitee any notice of the commencement of an action, suit or proceeding, the Company shall give prompt notice of the commencement of such
action, suit or proceeding to the insurers in accordance with the procedures set forth in the policy. The Company shall thereafter take all necessary or desirable action to cause such insurers to pay, on behalf of the Indemnitee, all amounts payable
as a result of such proceeding in accordance with the terms of such policy. 
 11. 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 the Indemnitee, the Indemnitee’s spouse, heirs, 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. 
 12.
Amendments, Etc. No supplement, modification or amendment of this Agreement shall be binding unless executed in writing by both of the parties hereto. No waiver of any of the provisions of this Agreement shall be deemed or shall constitute a
waiver of any other provisions hereof (whether or not similar) nor shall such waiver constitute a continuing waiver. In the event the Company or any of its subsidiaries enters into an indemnification agreement with another director, officer, agent,
fiduciary or manager of the Company or any of its subsidiaries containing a term or terms more favorable to the indemnitee than the terms contained herein (as determined by the Indemnitee), the Indemnitee shall be afforded the benefit of such more
favorable term or terms and such more favorable term or terms shall be deemed incorporated by reference herein as if set forth in full herein. As promptly as practicable following the execution by

  
 9 

 
the Company or the relevant subsidiary of each indemnity agreement with any such other director, officer or manager (i) the Company shall send a copy of the indemnity agreement to the
Indemnitee, and (ii) if requested by the Indemnitee, the Company shall prepare, execute and deliver to the Indemnitee an amendment to this Agreement containing such more favorable term or terms. 

13. Subrogation. Subject to Section 14, in the event of payment by the Company under this Agreement, the Company shall be
subrogated to the extent of such payment to all of the rights of recovery of the Indemnitee with respect to any insurance policy. The Indemnitee shall execute all papers reasonably required and shall do everything that may be reasonably necessary to
secure such rights, including the execution of such documents necessary to enable the Company effectively to bring suit to enforce such rights. The Company shall pay or reimburse all expenses actually and reasonably incurred by the Indemnitee in
connection with such subrogation. 
 14. Jointly Indemnifiable Claims. Given that certain Jointly Indemnifiable Claims
may arise due to the relationship between the Indemnitee-Related Entities and the Company and the service of the Indemnitee as a director and/or officer of the Company at the request of the Indemnitee-Related Entities, the Company acknowledges and
agrees that the Company shall be fully and primarily responsible for the payment to the Indemnitee in respect of indemnification and advancement of expenses in connection with any such Jointly Indemnifiable Claim, pursuant to and in accordance with
the terms of this Agreement, irrespective of any right of recovery the Indemnitee may have from the Indemnitee-Related Entities. Under no circumstance shall the Company be entitled to any right of subrogation or contribution by the
Indemnitee-Related Entities and no right of recovery the Indemnitee may have from the Indemnitee-Related Entities shall reduce or otherwise alter the rights of the Indemnitee or the obligations of the Company hereunder. In the event that any of the
Indemnitee-Related Entities shall make any payment to the Indemnitee in respect of indemnification or advancement of expenses with respect to any Jointly Indemnifiable Claim, the Indemnitee-Related Entity making such payment shall be subrogated to
the extent of such payment to all of the rights of recovery of the Indemnitee against the Company, and the Indemnitee shall execute all papers reasonably required and shall do all things that may be reasonably necessary to secure such rights,
including the execution of such documents as may be necessary to enable the Indemnitee-Related Entities effectively to bring suit to enforce such rights. Each of the Indemnitee-Related Entities shall be third-party beneficiaries with respect to this
Section 14, entitled to enforce this Section 14 against the Company as though each such Indemnitee-Related Entity were a party to this Agreement. 
 15. No Duplication of Payments. Subject to Section 14 hereof, the Company shall not be liable under this Agreement to make any payment in connection with any Claim made against the Indemnitee
to the extent the Indemnitee has otherwise actually received payment (under any insurance policy, any provision of the Company’s Bye-Laws, or otherwise) of the amounts otherwise indemnifiable hereunder. 

16. Defense of Claims. The Company shall be entitled to participate in the defense of any Claim relating to an Indemnifiable Event
or to assume the defense thereof, 

  
 10 

 
with counsel reasonably satisfactory to the Indemnitee; provided that (A) the Company shall not be entitled, without the written consent of the Indemnitee, to assume the defense of
any Claim by or in the right of the Company and (B) if the Indemnitee believes, after consultation with counsel selected by the Indemnitee, that (i) the use of counsel chosen by the Company to represent the Indemnitee would present such
counsel with an actual or potential conflict of interest, (ii) the named parties in any such Claim (including any impleaded parties) include the Company or any subsidiary of the Company and the Indemnitee and the Indemnitee concludes that there
may be one or more legal defenses available to him that are different from or in addition to those available to the Company or any subsidiary of the Company or (iii) any such representation by such counsel would be precluded under the
applicable standards of professional conduct then prevailing, then the Indemnitee shall be entitled to retain separate counsel (but not more than one law firm plus, if applicable, local counsel in respect of any particular Claim) at the
Company’s expense. The Company shall not be liable to the Indemnitee under this Agreement for any amounts paid in settlement of any Claim relating to an Indemnifiable Event effected without the Company’s prior written consent. The Company
shall not, without the prior written consent of the Indemnitee, effect any settlement of any Claim relating to an Indemnifiable Event which the Indemnitee is or could have been a party unless such settlement solely involves the payment of money and
includes a complete and unconditional release of the Indemnitee from all liability on all claims that are the subject matter of such Claim. Neither the Company nor the Indemnitee shall unreasonably withhold its or his consent to any proposed
settlement; provided that the Indemnitee may withhold consent to any settlement that does not provide a complete and unconditional release of the Indemnitee. In no event shall the Indemnitee be required to waive, prejudice or limit
attorney-client privilege or work-product protection or other applicable privilege or protection. To the fullest extent permitted by applicable law, the Company’s assumption of the defense of a Claim pursuant to this Section 16 will
constitute an irrevocable acknowledgement by the Company that any Indemnifiable Expenses incurred by or for the account of the Indemnitee incurred in connection therewith are indemnifiable by the Company under Section 2 of this Agreement. In
order to provide for just and equitable contribution in circumstances in which the indemnification provided for herein is held by a court of competent jurisdiction to be unavailable to Indemnitee in whole or in part, it is agreed that, in such
event, the Company shall, to the fullest extent permitted by law, contribute to the payment of all of the Indemnitee’s loss and liability suffered and expenses (including attorneys’ fees), judgments, fines and amounts paid in settlement
reasonably incurred by or on behalf of Indemnitee in connection with any action, suit or proceeding, including any appeals, in an amount that is just and equitable in the circumstances. 

17. No Adverse Settlement. The Company shall not seek, nor shall it agree to, consent to, support, or agree not to contest any
settlement or other resolution of any Claim(s), or settlement or other resolution of any other claim, action, proceeding, demand, investigation or other matter that has the actual or purported effect of extinguishing, limiting or impairing the
Indemnitee’s rights hereunder, including, without limitation, the entry of any bar order or other order, decree or stipulation, pursuant to 15 U.S.C. § 78u-4 (the Private Securities Litigation Reform Act), or any similar foreign, federal
or state statute, regulation, rule or law. 

  
 11 

 18. Binding Effect, Etc. This Agreement shall be binding upon and inure to the
benefit of and be enforceable by the parties hereto and their respective successors, (including any direct or indirect successor by purchase, amalgamation, merger, consolidation or otherwise to all or substantially all of the business and/or assets
of the Company), assigns, spouses, heirs, executors and personal and legal representatives. The Company shall require and cause any successor(s) (whether directly or indirectly, whether in one or a series of transactions, and whether by purchase,
amalgamation, merger, consolidation, or otherwise) to all or a significant portion of the business and/or assets of the Company and/or its subsidiaries (on a consolidated basis), by written agreement in form and substance satisfactory to the
Indemnitee and his or her counsel, 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 succession had taken place; provided that no such
assumption shall relieve the Company from its obligations hereunder and any obligations shall thereafter be joint and several. This Agreement shall continue in effect regardless of whether the Indemnitee continues to serve as a director or officer
of the Company and/or on behalf of or at the request of the Company as a director, officer, employee or agent (which, for purposes hereof, shall include a trustee, fiduciary, partner or manager or similar capacity) of another corporation, limited
liability company, partnership, joint venture, trust, employee benefit plan or other enterprise. Neither this Agreement nor any duties or responsibilities pursuant hereto may be assigned by the Company to any other person or entity without the prior
written consent of the Indemnitee. 
 19. Security. To the extent requested by the Indemnitee, the Company shall at any
time and from time to time provide security to the Indemnitee for the obligations of the Company hereunder through an irrevocable bank line of credit, funded trust or other collateral or by other means. Any such security, once provided to the
Indemnitee, may not be revoked or released without the prior written consent of the Indemnitee. 
 20. Severability. If
any provision or provisions of this Agreement shall be held to be invalid, illegal or unenforceable for any reason whatsoever, (a) the validity, legality and enforceability of the remaining provisions of this Agreement (including, without
limitation, all portions of any Section or paragraph of this Agreement containing any such provision held to be invalid, illegal or unenforceable, that are not themselves invalid, illegal or unenforceable) shall not in any way be affected or
impaired thereby and (b) to the fullest extent possible, the provisions of this Agreement (including, without limitation, all portions of any Section or paragraph of this Agreement containing any such provision held to be invalid, illegal or
unenforceable) shall be construed so as to give effect to the intent manifested by the provision held invalid, illegal or unenforceable and to give effect to the terms of this Agreement. 

21. Specific Performance, Etc. The parties recognize that if any provision of this Agreement is violated by the Company, the
Indemnitee may be without an adequate remedy at law. Accordingly, in the event of any such violation, the Indemnitee shall be entitled, if the Indemnitee so elects, to institute proceedings, either in law or at equity, to obtain damages, to enforce
specific performance, to enjoin such violation, or to obtain any relief or any combination of the foregoing as the Indemnitee may elect to pursue. 

  
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 22. Notices. All notices, requests, consents and other communications hereunder to
any party shall be deemed to be sufficient if contained in a written document delivered in person or sent by facsimile, nationally recognized overnight courier or personal delivery, addressed to such party at the address set forth below or such
other address as may hereafter be designated on the signature pages of this Agreement or in writing by such party to the other parties: 
  

	 	(a)	If to the Company, to: 

 NDS
Group Holdings Limited 
 One London Road 
 Staines, Middlesex 
 United Kingdom TW18 4EX 

Fax: 
 Attn:
General Counsel 
 with a copy (which shall not constitute notice) to: 

Skadden, Arps, Slate, Meagher & Flom LLP 
 Four Times Square 
 New York, New York 10036 

Fax: (212) 735-2000 
 Attn: Allison R. Schneirov 

         Howard L. Ellin 

 

	 	(b)	If to the Indemnitee, to the address set forth on Annex A hereto. 

 All such notices, requests, consents and other communications shall be deemed to have been given or made if and when received (including by overnight courier) by the parties at the above addresses or sent
by electronic transmission, with confirmation received, to the facsimile numbers specified above (or at such other address or facsimile number for a party as shall be specified by like notice). Any notice delivered by any party hereto to any other
party hereto shall also be delivered to each other party hereto simultaneously with delivery to the first party receiving such notice. 
 23. Counterparts. This Agreement may be executed in counterparts, each of which shall for all purposes be deemed to be an original but all of which together shall constitute one and the same
agreement. Only one such counterpart signed by the party against whom enforceability is sought needs to be produced to evidence the existence of this Agreement. 
 24. Headings. The headings of the Sections and paragraphs of this Agreement are inserted for convenience only and shall not be deemed to constitute part of this Agreement or to affect the
construction or interpretation thereof. 
 25. Governing Law; Jurisdiction. This Agreement shall be governed by and
construed and enforced in accordance with the laws of the State of Delaware applicable to contracts made and to be performed in such state without giving effect to the principles of conflicts of laws. 

[SIGNATURE PAGE FOLLOWS] 

  
 13 

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

			
	NDS GROUP HOLDINGS LIMITED
		
	By:	 	  

	Name:	 	
	Title:	 	
	
	  

	[Indemnitee]

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