Document:

Exhibit 10.1

Exhibit 10.1

FORM OF

INDEMNIFICATION PRIORITY AND

INFORMATION SHARING AGREEMENT

This INDEMNIFICATION PRIORITY AND INFORMATION SHARING AGREEMENT, dated as of October 28, 2010
(this “Agreement”), is among (i) [                    ] (the “Sponsor”), a [                    ] limited
partnership and the manager of the funds set forth on Annex 1 (each a “Fund” and
collectively, the “Funds”), on the one hand, and (ii) SunGard Capital Corp., a Delaware
corporation, SunGard Capital Corp. II, a Delaware corporation, SunGard Holding Corp., a Delaware
Corporation, SunGard Holdco LLC, a Delaware limited liability company and SunGard Data Systems
Inc., a Delaware corporation (each a “SunGard Company” and collectively, the “SunGard
Companies”), on the other hand.

WHEREAS, one or more of the SunGard Companies have entered into one or more monitoring,
stockholder, management, indemnification or other agreements (any such agreement or agreements,
collectively, the “Company Indemnification Agreements”) providing for, among other things,
the indemnification of expenses and other losses and advancement of expenses incurred by the Funds,
the Sponsor and their respective principals, directors, officers, members, managers, partners,
affiliates and controlling persons for certain matters described therein (the Funds, the Sponsor
and their respective principals, directors, officers, members, managers, partners, affiliates and
controlling persons, collectively, the “Sponsor Indemnified Parties”);

WHEREAS, one or more executives of the Sponsor or its affiliates may serve as a director or
member of the board of managers of one or more of the SunGard Companies and one or more other
persons (who are not executives of the Sponsor or its affiliates) may serve as a director or member
of the board of managers of one or more of the SunGard Companies as an appointee or designee of the
Fund or the Sponsor (any such person or persons, the “Sponsor Directors”);

WHEREAS, the Sponsor Directors may have entered into indemnification agreements with one or
more of the SunGard Companies providing for indemnification and advancement of expenses for the
Sponsor Directors in connection with their service as a director or member of the board of managers
of such SunGard Company and the Sponsor Directors may, in their capacities as a director or member
of the board of managers of such SunGard Company, be indemnified and/or entitled to advancement of
expenses under such SunGard Company’s certificate or articles of incorporation, by-laws, limited
liability company operating agreement, limited partnership agreement or other organizational
documents or policies of insurance procured by any SunGard Company (each such indemnification
agreement, organizational document or insurance policy, a “Company Director Indemnity”);

 

 

 

WHEREAS, the Funds, the Sponsor and/or their respective affiliates and controlling persons (in
this capacity, collectively, the “Sponsor Indemnitors”) have (i) entered into one or more
limited partnership agreements, limited liability company operating agreements and other
agreements, (ii) certificates and articles of incorporation, by-laws, and other
organizational documents and (iii) obtained insurance (any such agreements, documents or
insurance, collectively, the “Sponsor Indemnification Agreements”), in each case, providing
for, among other things, indemnification of and advancement of expenses for the Sponsor Directors
for, among other things, the same matters that are subject to indemnification and advancement of
expenses under the Company Indemnification Agreements and any Company Director Indemnity;

WHEREAS, the SunGard Companies benefit from the portfolio company oversight provided by the
Sponsor and the ability of the Sponsor to share internally portfolio company information; and

WHEREAS, each of the SunGard Companies and the Sponsor wish to clarify certain matters
regarding the indemnification and advancement of expenses provided under the Company
Indemnification Agreements and any Company Director Indemnity as it relates to the indemnification
and advancement of expenses provided for under the Sponsor Indemnification Agreements and regarding
portfolio company information.

NOW, THEREFORE, in consideration of the foregoing recitals and the premises hereinafter set
forth, each of the SunGard Companies and the Sponsor hereby agree as follows:

1. Each SunGard Company hereby acknowledges and agrees that the obligation of such SunGard
Company under either any Company Indemnification Agreements or any Company Director Indemnity to
indemnify or advance expenses to any Sponsor Director for the matters covered thereby shall be the
primary source of indemnification and advancement of such Sponsor Director in connection therewith
and any obligation on the part of any Sponsor Indemnitor under any Sponsor Indemnification
Agreement to indemnify or advance expenses to such Sponsor Director shall be secondary to such
SunGard Company’s obligation and shall be reduced by any amount that the Sponsor Director may
collect as indemnification or advancement from such SunGard Company. In the event that such SunGard
Company fails to indemnify or advance expenses to a Sponsor Director as required or contemplated by
any Company Indemnification Agreement or Company Director Indemnity (such amounts, the “Unpaid
Director Indemnity Amounts”) and any Sponsor Indemnitor makes any payment to or on behalf of
such Sponsor Director in respect of indemnification or advancement of expenses under any Sponsor
Indemnification Agreement on account of such Unpaid Director Indemnity Amounts, then such Sponsor
Indemnitor shall be subrogated to the rights of such Sponsor Director under any Company
Indemnification Agreement or Company Director Indemnity, as the case may be, in respect of such
Unpaid Director Indemnity Amounts.

2. Each SunGard Company hereby agrees that, to the fullest extent permitted by applicable law,
its obligation to indemnify Sponsor Indemnified Parties under the Company Indemnification
Agreements shall include any amounts expended by any Sponsor Indemnitor under the Sponsor
Indemnification Agreements in respect of indemnification or advancement of expenses to any Sponsor
Director in connection with litigation or other proceedings involving his or her service as a
director or member of the board of managers of such SunGard Company to the extent such amounts
expended by such Sponsor Indemnitor are on account of any Unpaid Director Indemnity Amounts.

 

2

 

3. Each SunGard Company hereby agrees that it will not amend any Company Director Indemnity as
in effect on the date hereof to alter the rights of any Sponsor Director in any manner that would
alter any Sponsor Director’s rights with respect to conduct pre-dating the date of any such
amendment without the consent of the Sponsor.

4. Each SunGard Company hereby acknowledges and agrees that the right to share confidential
information set forth in the first proviso of Section 11.10 of the Stockholders Agreement shall
also apply to the sharing by the Sponsor Directors of any information such Sponsor Directors
receive from the SunGard Companies.

5. To the maximum extent permitted or authorized by any Company Director Indemnity, no Sponsor
Director shall be liable to any SunGard Company, or to any shareholder, member or partner (or
equivalent) of any SunGard Company or to any party bringing any action by, on behalf of or in the
name or right of any SunGard Company, for any breach of fiduciary duty or other breach of duty.

6. Except as otherwise provided herein, this Agreement may be amended or modified only by a
writing executed by the Sponsor and each of the SunGard Companies.

7. The provisions of this Agreement shall inure to the benefit of and be binding upon the
parties hereto. Each Sponsor Indemnified Party that is not a party hereto shall be considered an
express third-party beneficiary hereunder and shall be entitled to enforce this Agreement to the
same extent as a party hereunder. The rights, indemnities and remedies herein provided are
cumulative and are not exclusive of any rights, indemnities or remedies that any party or other
Sponsor Indemnified Party may otherwise have by contract, at law or in equity or otherwise,
provided that (i) to the extent that any Sponsor Indemnified Party is entitled to be
indemnified by any SunGard Company and by any other Sponsor Indemnified Party or any insurer under
a policy procured by any Sponsor Indemnified Party, the obligations of such SunGard Company
hereunder shall be primary and the obligations of such other Sponsor Indemnified Party or insurer
secondary and (ii) no SunGard Company shall be entitled to contribution or indemnification from or
subrogation against such other Sponsor Indemnified Party.

8. To the extent that any term or condition of this Agreement conflicts with any term or
condition under any other agreement or document to which any SunGard Company or any Sponsor
Indemnified Party or Sponsor Director is a party or by which any of them are otherwise bound with
respect to the subject matter of this Agreement, the terms and conditions of this Agreement shall
control. Each SunGard Company hereby waives the right to enforce any rights under such other
agreement to the extent that such rights or remedies conflict with any rights, remedies or other
provisions hereunder.

9. This Agreement clarifies the parties’ understandings regarding the indemnification and
advancement rights and obligations under the Company Indemnification Agreements and any Company
Director Indemnity as it relates to the indemnification and advancement rights and obligations
under the Sponsor Indemnification Agreements. This Agreement does not expand, limit or otherwise
modify any such rights or obligations and any and all rights to indemnification and/or advancement
to which any Sponsor Director has ever
been, is or may in the future be entitled from any SunGard Company shall remain unchanged by
this Agreement.

 

3

 

10. No SunGard Company shall seek any order of a court or other governmental authority that
would prohibit or otherwise interfere with the performance of any other SunGard Company’s
advancement, indemnification and other obligations under this Agreement.

11. This Agreement shall be governed by and construed in accordance with the laws of the State
of Delaware regardless of the law that might be applied under principles of conflict of laws to the
extent such principles would require or permit the application of the laws of another jurisdiction.
No suit, action or proceeding with respect to this Agreement may be brought in any court or before
any similar authority other than in a court of competent jurisdiction in the State of Delaware, and
the parties hereto hereby submit to the exclusive jurisdiction of such courts for the purpose of
such suit, proceeding or judgment. Each party irrevocably waives trial by jury in any legal action
or proceeding in relation to this Agreement and for any counterclaim therein.

12. Wherever possible, each provision of this Agreement shall be interpreted in such manner as
to be effective and valid under applicable law, but if any provision of this Agreement is held to
be invalid, illegal or unenforceable in any respect under applicable law or rule in any
jurisdiction, such invalidity, illegality or unenforceability shall not affect any other provision
or any other jurisdiction, but this Agreement shall be reformed, construed and enforced in such
jurisdiction as if such invalid, illegal or unenforceable provision had never been contained
herein.

13. This Agreement may be executed in two or more counterparts, each of which shall be deemed
an original, and all of which together shall constitute one and the same instrument. A signature of
a party transmitted by facsimile or other electronic means shall constitute an original for all
purposes.

[remainder of page intentionally left blank]

 

4

 

IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date set forth
in the first paragraph hereof.

	 	 	 	 	 
	Sponsor: 	[Sponsor Management Company]

 	 
	 	By:  	[  
              
              
      ], its [     
               
        ] 	 
	 	 	 	 
	 	By:  	
 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 

[Signature Page to Indemnification Priority Agreement]

 

 

 

	 	 	 	 	 
	SunGard Companies: 	SunGard Capital Corp.

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 
	 	SunGard Capital Corp. II

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 
	 	SunGard Holding Corp.

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 
	 	SunGard Holdco LLC

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 
	 	SunGard Data Systems Inc.

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 

[Signature Page to Indemnification Priority Agreement]

 

 

 

ANNEX 1 — FUNDS

[list applicable funds]exv4w0

Exhibit 4.0

			
	 	 	 
	COMMON STOCK 

CERTIFICATE NO. __
	 	COMMON STOCK

SEE REVERSE FOR CERTAIN DEFINITIONS

CUSIP _______

FRATERNITY COMMUNITY BANCORP, INC.

INCORPORATED UNDER THE LAWS OF THE STATE OF MARYLAND

					
	 	 	 	 	 
	THIS CERTIFIES THAT
	 	[SPECIMEN]
	 	 
	 	 	 	 	 
	is the owner of:	 	 	 	 

FULLY PAID AND NONASSESSABLE SHARES OF COMMON STOCK,

$0.01 PAR VALUE PER SHARE, OF FRATERNITY COMMUNITY BANCORP, INC.

     The shares represented by this certificate are transferable only on the stock transfer books
of Fraternity Community Bancorp, Inc. (the “Company”) by the holder of record hereof, or by his
duly authorized attorney or legal representative, upon the surrender of this certificate properly
endorsed. This certificate and the shares represented hereby are issued and shall be held subject
to all the provisions of the Articles of Incorporation of the Company and any amendments thereto
(copies of which are on file with the Corporate Secretary of the Company), to all of which
provisions the holder by acceptance hereof, assents. This certificate is not valid until
countersigned and registered by the Company’s Transfer Agent and Registrar.

     The shares evidenced by this certificate are not of an insurable type and are not insured
by the Federal Deposit Insurance Corporation.

     IN WITNESS WHEREOF, FRATERNITY COMMUNITY BANCORP, INC. has caused this certificate to be
executed by the facsimile signatures of its duly authorized officers and has caused a facsimile of
its corporate seal to be hereunto affixed.

					
	 	 	 	 	 
	Dated: __________________
	 	[SEAL]
	 	 

	 	 	 

	 
	 	 
	 

	 	 
	Chairman of the Board, Chief Executive Officer

and Chief Financial Officer

	 	Corporate Secretary

 

 

FRATERNITY COMMUNITY BANCORP, INC.

     The shares represented by this certificate are subject to a limitation contained in the
Articles of Incorporation to the effect that in no event shall any record owner of any outstanding
common stock which is beneficially owned, directly or indirectly, by a person who beneficially owns
in excess of 10% of the outstanding shares of common stock (the “Limit”) be entitled or permitted
to any vote in respect of shares held in excess of the Limit.

     The Board of Directors of the Company is authorized by resolution(s), from time to time
adopted, to provide for the issuance of serial preferred stock in series and to fix and state the
voting powers, designations, preferences and relative, participating, optional, or other special
rights of the shares of each such series and the qualifications, limitations and restrictions
thereof. The Company will furnish to any shareholder upon request and without charge a full
description of each class of stock and any series thereof.

     The shares represented by this Certificate may not be cumulatively voted on any matter.

     The following abbreviations, when used in the inscription on the face of this certificate,
shall be construed as though they were written out in full according to applicable laws or
regulations:

	 	 	 	 	 	 	 	 	 	 	 

	TEN COM —

	 	as tenants in common
	 	UNIF GIFTS MIN ACT —
	 	 	 	custodian	 	 
	 

	 	 	 	 	 	 
(Cust)
	 	 
	 
	 
(Minor)
	TEN ENT —

	 	as tenants by the entireties
	 	under Uniform Gifts to Minors Act	 	 	 	 
	 

	 	 	 	 	 	 	 	 
	 	 
	 	 	 	 	 	 	 	 	(State)
	JT TEN —

	 	as joint tenants with right of
survivorship and not as tenants
in common	 	 	 	 	 	 	 	 

Additional abbreviations may also be used though not in the above list.

For value received __________ hereby sell, assign and transfer unto

PLEASE INSERT SOCIAL SECURITY OR OTHER

IDENTIFICATION NUMBER OF ASSIGNEE

 
Please print or typewrite name and address including postal zip code of assignee.

____________________ shares of the common stock represented by this certificate and do hereby
irrevocably constitute and appoint __________________________________________________, attorney, to transfer the said
stock on the books of the within-named corporation with full power of substitution in the premises.

	 	 	 

	DATED                     
	 	 
	 

	 	 
	 

	 	NOTICE: The signature to this assignment must
correspond with the name as written upon the face of
the certificate in every particular without
alteration or enlargement or any change whatever.

	 	 	 

	SIGNATURE GUARANTEED:   
	 	 
	 

	 	THE SIGNATURE(S) SHOULD BE GUARANTEED
BY AN ELIGIBLE GUARANTOR INSTITUTION,
(BANKS, STOCKBROKERS, SAVINGS AND LOAN
ASSOCIATIONS AND CREDIT UNIONS WITH
MEMBERSHIP IN AN APPROVED SIGNATURE
GUARANTEE MEDALLION PROGRAM), PURSUANT
TO S.E.C. RULE 17Ad-15

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00180-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00180-of-00352.parquet"}]]