Document:

Exhibit 10.2

 

TRANSITION SERVICES
AGREEMENT

 

by and between

 

TRAVELPORT
INC.

 

and

 

ORBITZ
WORLDWIDE, INC.

 

 

 

Dated as of        ,
2007.

 

 

TABLE OF CONTENTS

 

	
   

  	
   

  	
   

  	
   

  	
  Page

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  ARTICLE
  I SERVICES

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Section 1.1

  	
   

  	
  Provision of Services

  	
   

  	
  2

  
	
  Section 1.2

  	
   

  	
  Additional Services

  	
   

  	
  2

  
	
  Section 1.3

  	
   

  	
  Obligations as to Additional Services; Transition and Migration
  Assistance

  	
   

  	
  3

  
	
  Section 1.4

  	
   

  	
  Term of Services Agreements

  	
   

  	
  3

  
	
  Section 1.5

  	
   

  	
  Subcontracting of Services

  	
   

  	
  4

  
	
  Section 1.6

  	
   

  	
  Standard of Service

  	
   

  	
  5

  
	
  Section 1.7

  	
   

  	
  Right to Decline Services

  	
   

  	
  5

  
	
  Section 1.8

  	
   

  	
  Compensation and Other Payments

  	
   

  	
  5

  
	
  Section 1.9

  	
   

  	
  Employee Severance Costs

  	
   

  	
  6

  
	
  Section 1.10

  	
   

  	
  Annual Compensation
  True-Up

  	
   

  	
  7

  
	
  Section 1.11

  	
   

  	
  Cost-Effective Provision
  of Services

  	
   

  	
  8

  
	
  Section 1.12

  	
   

  	
  Billing and Payment Terms

  	
   

  	
  8

  
	
  Section 1.13

  	
   

  	
  Interruption of Services

  	
   

  	
  9

  
	
  Section 1.14

  	
   

  	
  Supervision and
  Compensation; Independent Contractor

  	
   

  	
  10

  
	
  Section 1.15

  	
   

  	
  Staffing of Personnel

  	
   

  	
  10

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  ARTICLE
  II MUTUAL OBLIGATIONS; COVENANTS

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Section 2.1

  	
   

  	
  Legal Actions

  	
   

  	
  11

  
	
  Section 2.2

  	
   

  	
  Providing Periodic Reports

  	
   

  	
  11

  
	
  Section 2.3

  	
   

  	
  Means of Providing Services

  	
   

  	
  11

  
	
  Section 2.4

  	
   

  	
  Consents; Further Assurances

  	
   

  	
  12

  
	
  Section 2.5

  	
   

  	
  Information Technology Security and other IT Related Matters

  	
   

  	
  12

  
	
  Section 2.6

  	
   

  	
  Cooperation

  	
   

  	
  14

  
	
  Section 2.7

  	
   

  	
  Cendant Separation Agreement

  	
   

  	
  14

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  ARTICLE
  III TAX MATTERS

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Section 3.1

  	
   

  	
  Service Taxes

  	
   

  	
  14

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  ARTICLE
  IV ACCESS TO INFORMATION AND PERSONNEL

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Section 4.1

  	
   

  	
  Access to Information

  	
   

  	
  14

  
	
  Section 4.2

  	
   

  	
  Privilege

  	
   

  	
  15

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  ARTICLE
  V CONFIDENTIALITY

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Section 5.1

  	
   

  	
  Confidential Information

  	
   

  	
  15

  
	
  Section 5.2

  	
   

  	
  Intellectual Property and Data

  	
   

  	
  18

  
								

 

i

 

	
  ARTICLE
  VI DISCLAIMER AND LIMITATION OF LIABILITY

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Section 6.1

  	
   

  	
  Limited Remedy and Limitation of Damages

  	
   

  	
  20

  
	
  Section 6.2

  	
   

  	
  Disclaimer of Warranties

  	
   

  	
  22

  
	
  Section 6.3

  	
   

  	
  Limitation of Consequential Damages

  	
   

  	
  22

  
	
  Section 6.4

  	
   

  	
  Liability Cap

  	
   

  	
  23

  
	
  Section 6.5

  	
   

  	
  Third Party Vendors

  	
   

  	
  23

  
	
  Section 6.6

  	
   

  	
  Shared Contracts Limitation

  	
   

  	
  24

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  ARTICLE
  VII INDEMNIFICATION

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Section 7.1

  	
   

  	
  Indemnification

  	
   

  	
  24

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  ARTICLE
  VIII OTHER PROVISIONS

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Section 8.1

  	
   

  	
  Records

  	
   

  	
  24

  
	
  Section 8.2

  	
   

  	
  Inspection Rights

  	
   

  	
  25

  
	
  Section 8.3

  	
   

  	
  Certain Audit Rights

  	
   

  	
  25

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  ARTICLE
  IX TERMINATION AND SERVICE TERMINATION

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Section 9.1

  	
   

  	
  Termination

  	
   

  	
  26

  
	
  Section 9.2

  	
   

  	
  Service Termination

  	
   

  	
  26

  
	
  Section 9.3

  	
   

  	
  Consequences of Termination and Service Termination

  	
   

  	
  27

  
	
  Section 9.4

  	
   

  	
  Survival

  	
   

  	
  27

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  ARTICLE
  X MISCELLANEOUS

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Section 10.1

  	
   

  	
  Force Majeure

  	
   

  	
  28

  
	
  Section 10.2

  	
   

  	
  Assignment

  	
   

  	
  28

  
	
  Section 10.3

  	
   

  	
  Relationship of the Parties

  	
   

  	
  29

  
	
  Section 10.4

  	
   

  	
  Governing Law and Submission to Jurisdiction

  	
   

  	
  29

  
	
  Section 10.5

  	
   

  	
  Entire Agreement

  	
   

  	
  30

  
	
  Section 10.6

  	
   

  	
  Notices

  	
   

  	
  30

  
	
  Section 10.7

  	
   

  	
  Disputes

  	
   

  	
  31

  
	
  Section 10.8

  	
   

  	
  Severability

  	
   

  	
  31

  
	
  Section 10.9

  	
   

  	
  Interpretation

  	
   

  	
  31

  
	
  Section 10.10

  	
   

  	
  Counterparts

  	
   

  	
  32

  
	
  Section 10.11

  	
   

  	
  Further Cooperation

  	
   

  	
  32

  
	
  Section 10.12

  	
   

  	
  Amendment and Waiver

  	
   

  	
  32

  
	
  Section 10.13

  	
   

  	
  Duly Authorized Signatories

  	
   

  	
  32

  
	
  Section 10.14

  	
   

  	
  Waiver of Trial By Jury

  	
   

  	
  32

  
	
  Section 10.15

  	
   

  	
  Title and Headings

  	
   

  	
  33

  
	
  Section 10.16

  	
   

  	
  No Third Party Beneficiaries

  	
   

  	
  33

  
	
  Section 10.17

  	
   

  	
  Successors and Assigns

  	
   

  	
  33

  
	
  Section 10.18

  	
   

  	
  Certain Definitions

  	
   

  	
  33

  
										

 

ii

 

	
  Schedules:

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Schedule 2.4

  	
   

  	
  Allocation of Costs of Consents

  	
   

  	
   

  
	
  Schedule 6.6

  	
   

  	
  Shared Contracts

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Exhibits:

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Exhibit A

  	
   

  	
  Services Provided by Travelport

  	
   

  	
   

  
	
  Exhibit B

  	
   

  	
  Services Provided by OWW

  	
   

  	
   

  

 

iii

 

This Transition Services Agreement (this “Agreement”)
is by and between Travelport Inc., a Delaware corporation formerly known as B2B
Newco, Inc. (“Travelport”), and Orbitz Worldwide, Inc., a Delaware
corporation (“OWW”). Each of Travelport and OWW is sometimes referred to
herein as a “Party” and, collectively, as the “Parties.”  Defined terms used in this Agreement have the
meanings ascribed to them by definition in this Agreement or in Section
10.18.

 

W
I  T  N  E  S  S  E  T  H:

 

WHEREAS, the Parties are wholly owned Subsidiaries
of Travelport Limited, a Bermuda company f/k/a TDS Investor (Bermuda) Ltd. (“Travelport
Limited”); and

 

WHEREAS, the board of directors of Travelport
engaged in a reorganization of the businesses of Travelport into two distinct
and separate groups, business-to-business and business-to-consumer, in February,
2007 (the “Reorganization”), pursuant to which each Party agreed to
provide to the other Party and their respective Subsidiaries, as applicable,
certain transitional, administrative and support services on the terms set
forth in a Master Services Agreement between Travelport and TAI, a wholly-owned
Subsidiary of OWW, dated as of February 8, 2007 (the “Master Services
Agreement”);

 

WHEREAS, the Parties have agreed to terminate
the Master Services Agreement as of the date hereof, and to enter into this
Agreement in its place; and

 

WHEREAS, the board of directors of Travelport
has determined that it is appropriate, desirable and in the best interests of
Travelport and its stockholders to offer for sale a certain percentage of the
Common Stock of OWW in a registered public offering, which will be the initial
public offering of OWW common stock to the public, on or about            , 2007 (the “IPO”);

 

WHEREAS, Travelport Limited and OWW are
entering into a Separation Agreement coincident with the execution of this
Agreement (the “Separation Agreement”) to provide for their contemplated
existence following the IPO and certain other transactions;

 

WHEREAS, Travelport and OWW have each
determined that it is desirable in light of the IPO to enter into this
Agreement in place of the terminated Master Services Agreement;

 

NOW, THEREFORE, in consideration of the
premises and the representations, warranties, covenants and agreements herein
contained, and intending to be legally bound, the Parties hereby agree as
follows:

 

1

 

ARTICLE I

SERVICES

 

Section 1.1                                      Provision
of Services.

 

(a)                          Upon the terms and subject to the
conditions set forth in this Agreement, each Party, as Service Provider, agrees
to provide (or cause one of its Subsidiaries to provide) to the other Party (or
to one of its Subsidiaries), as Service Recipient, in each case as applicable,
those services described in the exhibits attached hereto (each, together with
supplementary schedules attached thereto, an “Exhibit”, and each numbered
service listed on such Exhibit, together with the terms and conditions of this
Agreement and any applicable supplementary schedule to such Exhibit, a “Services
Agreement”), each on and pursuant to the terms set forth therein (together,
with the Additional Services (as defined in Section 1.2), the “Services”).

 

(b)                         Nothing herein shall prohibit,
modify or limit Travelport’s ability to transfer or allocate assets and
liabilities, as the case may be, to any entity in connection with, or in
contemplation of, the Reorganization or the IPO or otherwise; to the extent
that any such transfer or allocation results in a change the reasonable effect
of which is for one Party to become the Service Provider and/or Service Recipient
to any Services Agreement, then the Parties shall make such amendments,
revisions or modifications to the Exhibits as are reasonably necessary to
reflect the appropriate Service Provider and/or Service Recipient as the case
may be.

 

Section 1.2                                      Additional
Services. From time to time during the Service Term (as defined in Section
1.4), the Service Recipient may find it desirable to request, in addition
to the Services described in the applicable Exhibits, additional services to be
made available to such Service Recipient by the Service Provider, provided
that such Services are of a type generally provided by such Service Provider (or,
if the capacity to provide such Services is transferred to a Subsidiary of such
Service Provider (as described in Section 10.2 hereof), by a Subsidiary
of such Service Provider) prior to the date hereof (“Additional Services”).
In the event that the Service Recipient makes a written request that the Service
Provider provide Additional Services and such Service Provider agrees to
provide such Additional Services, the Parties shall negotiate in good faith and
execute amendments to the relevant Exhibits for such Additional Services that
shall set forth, among other things, (a) the time period during which the
Additional Services shall be provided, (b) a description of the Additional
Services, and (c) the estimated charge for the Additional Services. The Service
Provider’s obligations with respect to providing any such Additional Services
shall become effective only upon an amendment to the relevant Exhibits being
duly executed and delivered by the Service Provider and the Service Recipient. It
is understood that, subject to Section 1.3, the Service Provider has no
obligation to provide Additional Services and may reject any request by any
Service Recipient for Additional Services for any reason or for no reason.

 

2

 

Section 1.3                                      Obligations
as to Additional Services; Transition and Migration Assistance.

 

(a)                          Upon request by the Service
Recipient, the Service Provider agrees to enter into discussions with the Service
Recipient to provide any Additional Services that (i) (1) are directly
dependent upon or inextricably intertwined with the Services and (2) were
inadvertently and unintentionally omitted from the list of Services, or (ii)
comprise transition or migration assistance from a Service by such Service
Provider to the successor service thereto; provided, however, that the
Service Provider shall not be obligated to provide such Additional Services to
the extent such Services are otherwise provided for in any agreements between
the Parties or if, following good-faith negotiation, the Parties are unable to
reach agreement on terms for such Additional Services.

 

(b)                         Notwithstanding the foregoing in Section
1.2 and Section 1.3(a), to the extent that the Service Recipient
requests transition or migration assistance (i) that is directly related to a
Service being provided by a Service Provider and (ii) for which the Service
Provider is the only reasonably available source of knowledge or expertise
relating to such transition and migration assistance, and to the extent such
transition or migration assistance is not otherwise provided for in any
agreements between the Parties, then the Service Provider shall use
commercially reasonable efforts to provide such transition and migration
assistance. The Service Provider and Service Recipient shall mutually determine
in good faith the timeline and scope for such assistance, in light of the Service
Recipient’s requirements and business risk associated with disruptions in
services, and the Service Provider’s resource constraints and reasonable
competing demands for use of such resources. The Service Provider and Service
Recipient shall mutually agree on a budget for such assistance, which
assistance shall be provided at actual cost through March 31, 2008.

 

(c)                          The Parties agree and acknowledge
that any other transition or similar assistance that may be provided by a Party
or its Affiliates to the other Party or its Affiliates (but is not described in
an Exhibit hereto and is not otherwise agreed to in writing pursuant to Section
1.2 or Section 1.3(a)) in connection with the Reorganization or the
IPO shall be deemed to be provided under this Agreement as Services (and
therefore subject to the terms and conditions of this Agreement, including the
exclusions of, and limitations on, liability), unless the Parties expressly
agree in writing that such other transition or similar assistance is not
governed by this Agreement. For the avoidance of doubt, the foregoing shall not
require any Party to provide any transition or similar assistance that is not
otherwise required under this Agreement.

 

Section 1.4                                      Term
of Services Agreements. Subject to Section 9.1 and Section 9.2,
the term of each Services Agreement shall expire on March 31, 2008 (the “Service
Term”), unless otherwise specified on the Exhibits hereto. The term of any
Services Agreement may be extended by mutual written consent of the Parties at
any time but no later than ninety (90) days before the expiration of such Services
Agreement. The Parties shall agree upon a new expiration date for such Services
Agreement at the date of such extension, which date may be further extended thereafter
by mutual written consent of the Parties at any time but no later than ninety (90)
days before the revised expiration date of such amended Services Agreement. Any
extension of a Services Agreement (i) shall be subject to restrictions of third
party licensors or providers, including those

 

3

 

restrictions contained in Section
1.5 and Section 2.4, or in any Third Party Agreement made pursuant
to this Agreement and such Services Agreement, and (ii) notwithstanding Section
1.8, may be subject to an increase in compensation and other payments after
March 31, 2008, as agreed upon by the Parties at the date of such extension.

 

Section 1.5                                      Subcontracting
of Services.

 

(a)                          The Service Recipient acknowledges
that the Service Provider may have subcontracted and may in the future, at
Service Provider’s discretion and at any time, subcontract with unaffiliated
third parties to provide services in connection with all or any portion of the
Services to be provided under a Services Agreement. Notwithstanding the
foregoing, the Service Recipient acknowledges that all Services will be
provided in accordance with the terms of Service Provider’s Third
Party Agreements used in
connection with such Services, subject to Section 1.6. Service Recipient
shall comply with all terms and conditions of all such Third Party
Agreements that exist as of
the date hereof and entered into by the Service Provider for the provision of
Services after the date hereof, and any new terms and conditions of all such
agreements of which Service Provider notifies Service Recipient after the date
hereof; provided, that notwithstanding anything to the contrary in a
Services Agreement, to the extent that Service Recipient does not comply with
any such terms and conditions, Service Provider may decline to provide all or the
applicable part of the particular Services with which such Third Party
Agreement is used, without
liability.

 

(b)                         If any of the Service Provider’s Third
Party Agreements used in
connection with a Service expire or terminate, the Service Provider shall use
commercially reasonable efforts to either (a) renew such agreement on
substantially the same terms and conditions for the term of the applicable
Service if commercially reasonable, or (b) enter into a comparable new
agreement with an alternative subcontractor for the term of the applicable
Service if commercially reasonable. If such agreement or a comparable new
agreement are not available on commercially reasonable terms, then the Service
Provider will promptly notify the Service Recipient, and both parties shall use
commercially reasonable efforts to reach a mutually agreed solution; provided,
however, that (i) in the event that such non-renewal or new agreement occurs
through no fault of Service Provider or its Subsidiaries, any additional costs,
to the extent these costs exceed the amount payable to Service Provider for
such Services pursuant to the agreement that is being replaced, shall be the
sole responsibility of Service Recipient, and (ii) in the event that such non-renewal
or new agreement occurs due to any breach by Service Provider or its
Subsidiaries of its agreements with any of its third party contractors or
outsourcers, any additional costs, to the extent these costs exceed the amount
payable to Service Provider for Services pursuant to the agreement that is
being replaced, shall be the sole responsibility of Service Provider.

 

Section 1.6                                      Standard
of Service.

 

(a)                          The Service Provider agrees that in
providing (or causing others to provide) the Services under such Services
Agreement, it shall (and shall cause

 

4

 

each Subsidiary or advisor and, to the extent
practicable, any other third party service provider to): (i) conduct itself in
accordance with standards of service (including quality) no less than the
then-current standards applied by Service Provider hereafter with respect to
the specific matters in question in its own business, but in no event less than
the standards of service applied for the Service Recipient immediately prior to
the date hereof with respect to the specific matters in question and (ii)
comply in all material respects with any applicable standards, procedures,
policies, operating guidelines, practices and instructions specifically set
forth in the Exhibits describing the relevant Services. In the event of a
conflict between Section 1.6(a)(i) and Section 1.6(a)(ii), the
standards of Section 1.6(a)(ii) shall govern. Notwithstanding the
foregoing, it shall not be deemed to be a breach of this Agreement if one Party
to a Services Agreement fails to meet the standards required under this Section
1.6 because of the failure of the other Party to such Services Agreement to
cooperate with or provide information or services to such Party as required
under such Services Agreement.

 

(b)                         Each Party to a Services Agreement
agrees that in providing or receiving Services under such Services Agreement,
it shall (and shall cause each Subsidiary or advisor and, to the extent
practicable, any other third party service provider to) comply with all laws,
regulations and orders applicable to the conduct of the activities contemplated
hereby.

 

Section 1.7                                      Right
to Decline Services. Notwithstanding anything contained in a Services
Agreement, a Party to a Services Agreement may decline to provide all or any
part of any particular Services, if such Party reasonably believes that the
performance of its obligations relating thereto would violate (i) any
applicable law, regulation, judicial or administrative ruling or decision
applicable to its business or property or (ii) any Third Party Agreement (including
any license held by a Service Provider) existing as of the date hereof, but
only (a) to the extent reasonably necessary for such Party to ensure compliance
therewith, (b) after such Party has applied commercially reasonable efforts to
reduce the amount and/or effect of any such restrictions (provided that this
clause (b) shall not cause or require such Party to violate any Third Party Agreement,
including any license held by a Service Provider) and (c) after such Party has
delivered written notice to the other Party to such Services Agreement
specifying in reasonable detail the nature of the applicable restrictions and
of any proposed modification in such Party’s obligations.

 

Section 1.8                                      Compensation
and Other Payments.

 

(a)                          Subject to Section 1.10, and except
as provided on Exhibit A or Exhibit B hereto, for any Services provided through
March 31, 2008, the Service Recipient agrees to pay the Service Provider to
such Services Agreement (or, if the Service Provider so directs, to a
Subsidiary of the Service Provider) in accordance with Section 1.12, an amount
equal to the sum of the following items:

 

(i)                                     an amount in cash equal to such
Service Recipient’s proportionate share (based on actual usage/consumption) of
the aggregate cost incurred by the Service Provider in providing such Service,
except as otherwise provided in the relevant Exhibit; and

 

5

 

(ii)                                  if applicable, the charge for any
Additional Services provided by the Service Provider pursuant to Section 1.2.

 

(b)                         The Service Provider shall use
commercially reasonable efforts to provide the Service Recipient with thirty
(30) days’ advance notice (or, if such thirty (30) days’ advance notice is not
practicable under the circumstances, as soon as reasonably practicable) of all
increases in costs for any Services; provided, that Service Provider’s failure
to provide any such notice shall not relieve the Service Recipient of its
responsibility for such costs.

 

(c)                          Notwithstanding Section 1.8(c),
if the Service Provider reasonably believes that it cannot provide the Services
to the Service Recipient without making an expenditure that is subject to Section
1.8(c), then the Service Provider supplying the Service shall so notify the
Service Recipient in writing. Such notification shall include a specific
description of the known material benefits and consequences of both consenting
to or rejecting such expenditure, including the extent to which Services could
not be provided to such Service Recipient without such expenditure. If more
than one Service Recipient receives Services that will benefit from such
expenditure, then the Service Provider shall include in such notice: (i) the
portion of such expenditure that such Service Recipient would be obligated to
pay and (ii) to the extent such Services are reasonably providable to the
Service Recipient  without such
expenditure, a good faith estimate of the incremental costs of providing such
Services to such Service Recipient without such expenditure. Within thirty (30)
days after the Service Recipient receives such written notification from
Service Provider, the Service Recipient shall either consent to (which consent
shall not be unreasonably withheld or delayed) or reject the proposed
expenditure; provided, that failure to consent to or reject the proposed
expenditure within such time period shall be deemed a consent to the proposed
expenditure. In the event of any such rejection: (1) such rejection shall also
be deemed a rejection of the Services corresponding to such expenditure (to the
extent not reasonably providable without such expenditure) with no obligation
of or liability to the Service Provider with respect thereto, and (2) to the
extent any such corresponding Services are reasonably providable without such
expenditure, such Service Recipient shall be responsible for all incremental
costs of providing such Services to such Service Recipient without such
expenditure.

 

Section 1.9                                      Employee
Severance Costs. Upon the termination of employment of any of the corporate
or shared services employees providing Services under any one or more Services
Agreements, where such termination is primarily due to the termination or
reduction of the Services which such employee was supporting, the Service
Recipient to such Services Agreement(s) shall reimburse the Service Provider
for a portion of the severance costs associated with such employee’s
termination of employment (excluding the cost of any long term incentive
programs (“LTIPs”)) (the “Employee Severance Cost”), or otherwise in proportion
to such employee’s time allocable to the benefit received by such Service
Recipient, as determined by the Service Provider utilizing a good faith analysis
(a) in accordance with the Service Provider’s historical methodology for
assessing and allocating similar expenses among its

 

6

 

Subsidiaries, or if there is no
such historical methodology for such Services, then (b) in accordance with
the methodology used to determine the pricing in the applicable Exhibit
determined by Service Provider. Except as set forth in this Section 1.9, the
Service Provider will be responsible for its own employee severance costs; such
severance costs will not be included for purposes of any “true up” pursuant to
Section 1.10.

 

Section 1.10                                Annual
Compensation True-Up.

 

(a)                          With respect to each Services
Agreement, the Service Provider under such Services Agreement shall deliver to
the Service Recipient under such Services Agreement a cost adjustment report
within ninety (90) days after the end of each calendar year (including calendar
year 2007) during the Service Term (except that, upon expiration or termination
of the last of any Services Agreements between any Service Provider and any Service
Recipient, such cost adjustment report shall be delivered within ninety (90)
days after the expiration or termination date of such last Services Agreement,
rather than within ninety (90) days after the end of the calendar year in which
such expiration or termination occurs). Such cost adjustment report shall
specify (i) the total charges incurred by the Service Recipient during such
calendar year under such Services Agreement, as determined by the fees and
other charges set forth in the applicable Exhibit; (ii) the Service Provider’s
Costs for the Services provided to the Service Recipient (and/or its
Subsidiaries) under such Services Agreement during such calendar year, together
with a reasonably specific itemization of such Costs; and (iii) the “Adjustment
Amount”, which is defined as the aggregate Costs incurred by the Service
Provider to provide such Services (as described in (ii) above) less the
aggregate fees and other charges calculated in accordance with the applicable
Services Agreement (as described in (i) above), excluding for all purposes any
costs to obtain any consents, licenses and other agreements that are allocated
pursuant to Section 2.4(a) and any non-cash costs or charges (e.g.,
amounts charged in respect of LTIPs). If the Adjustment Amount is positive,
then the Service Provider shall include an invoice with such report for such
Adjustment Amount, which amount shall be due and payable within thirty (30)
days after receipt of such invoice, as well as subject to contention in
accordance with the provisions of Section 1.12. If the Adjustment Amount
is negative, then the Service Provider shall credit the Service Recipient for
the Adjustment Amount against the next payment(s) due to the Service Provider
by the Service Recipient under such Services Agreement, and to the extent any
such Services are no longer being provided, the Service Provider shall remit
payment for such negative amount to the Service Recipient together with the cost
adjustment report.

 

(b)                         “Cost” means, with respect to
any Services, the actual cost incurred by the Service Provider in connection
with the provision of such Services under the applicable Services Agreement,
excluding for all purposes any non-cash costs or charges (e.g., amounts charged
in respect of LTIPs); more specifically, “Cost” shall equal the sum
(without duplication) of: (i) all actual out-of-pocket costs paid by the Service
Provider and its Subsidiaries to third parties (other than any Subsidiaries of
the Service Provider) with respect to such Services; and (ii) all direct costs
incurred by the Service Provider and its Subsidiaries in providing such
Services (including the portion of any costs allocable only in part to the
Services provided to the Service Recipient and

 

7

 

its Subsidiaries); provided, however,
that with respect to travel expenses incurred by the Service Provider in
connection with providing Services, the Costs with respect to such travel
expenses shall be incurred in conformity with Travelport’s travel policy as in
effect on the date hereof.

 

(c)                          Notwithstanding any of the foregoing
in this Section 1.10, this Section 1.10 shall not apply to (i)
employee termination costs and expenses, which are covered by Section 1.9
or (ii) any Additional Services under any Services Agreement, unless the
applicable Exhibit for such Services Agreement specifically makes such
Additional Services subject to this “true up” provision.

 

Section 1.11                                Cost-Effective
Provision of Services. The Service Provider shall use commercially
reasonable efforts to (i) utilize resources and otherwise provide the Services
in a cost-effective manner and to otherwise minimize expenses, and (ii)
minimize any Transition Costs and Unrecovered Costs. Without limiting the
foregoing, as the volume of any Services is reduced by any Service Recipient
under any Services Agreement or as any portion of any Services under any
Services Agreement is terminated or expires, the Service Provider shall use
commercially reasonable efforts to reduce the Costs associated with providing
the remaining Services, to the extent practicable. Such efforts shall include,
without limitation, the termination or reallocation of personnel, and the
cancellation of leases for, or reallocation or sale of equipment and other
resources that had previously been allocated to providing the terminated or
reduced Services, without materially adversely effecting the standard of
service to be provided for the remaining Services as required pursuant to Section
1.6 or any other services provided by such Service Provider; provided,
however, that such Service Provider shall not be required to terminate the
employment of, or reallocate, any employee, if it does not charge the other
Party for the costs of employing such employee or will not do so following such
reduction in Services.

 

Section 1.12                                Billing
and Payment Terms.

 

(a)                          The payor Party under a Services
Agreement (or, if applicable, its Subsidiary) agrees to pay the payee Party, or
if such payee Party so directs, a Subsidiary of such payee Party, in accordance
with, and subject to, the billing and payment terms set forth in such Services
Agreement. On the first day of each month following the effective date of a
Services Agreement the payee Party to such Services Agreement shall provide the
payor Party to such Services Agreement with one invoice detailing the charges
for all amounts due by such payor Party to such payee Party under all Services
Agreements entered into among such Parties and each Party shall pay such
invoices within thirty (30) days after receipt of such invoice. Amounts not
paid in accordance with this Section 1.12(a) within thirty (30) days
after receipt of such invoice shall accumulate interest at a rate per annum
equal to            (or
the maximum legal rate, whichever is lower) (such rate being referred to herein
as the “Interest Rate”) from the 31st day following receipt
of such invoice to but excluding the date on which amounts due are paid.

 

8

 

(b)                         In the event the payor Party to a
Services Agreement does not pay any sum, or any part thereof, in accordance
with Section 1.10(a), the payee Party to such Services Agreement shall,
effective thirty (30) days following the delivery of written notice to such
payor Party of such payment default, have no further obligation pursuant to
this Agreement to provide Services to such payor Party until such unpaid
balance plus all accrued and unpaid interest at the applicable Interest Rate
shall have been paid.

 

(c)                          The payor Party shall promptly
notify the payee Party in writing of any amounts billed to it that are in
dispute; provided, that no such dispute and notice shall relieve such
payor Party from paying, nor may such payor Party withhold, any amounts owed to
the payee Party pursuant to Section 1.12(a); except that the payor Party
may withhold payments for third party pass-through charges, solely to the
extent permitted by the applicable Third Party Agreement, upon notice to the payee Party. (Similarly,
the payee Party shall continue to perform its obligations that are in dispute
(including the provision of Services), pursuant to Section 10.7, but
subject to Section 1.12(b).)  Upon
receipt of such notice, the payee Party will research the items in question in
a reasonably prompt manner and cooperate to resolve any differences with such
payor Party. In the event that the Parties mutually agree that any amount that
was paid by such payor Party was not properly owed, the payee Party will refund
that amount plus Interest (accumulating from the original due date for such
amount) to such payor Party within thirty (30) days after receipt of such
notice (or, alternatively, the payee Party may deduct the dollar amount from the
next invoice submitted to such payor Party). In the event agreement is not
reached by the Parties within thirty (30) days after receipt of the notice
referred to above, the matter shall be referred to resolution in accordance
with Section 10.7.

 

Section 1.13                                Interruption
of Services. Except as otherwise provided herein, the Service Provider,
will use its commercially reasonable efforts to provide uninterrupted Services
to the Service Recipient through the Service Term. In the event, however, that (x)
any such Service Provider, or its respective suppliers or subcontractors are
wholly or partially prevented from providing a Service or Services to the
Service Recipient or if a Service or Services are interrupted or suspended, in
either case by reason of any force majeure event set forth in Section 10.1,
(y) the Service Provider shall deem it reasonably necessary to suspend delivery
of a Service hereunder for purposes of maintenance, repair or replacement of
equipment parts or structures, or (z) to the extent that the Service Provider
relies on a third party for products or services in connection with any such
Services and the third party ceases to perform its obligations, the Service
Provider shall not be obligated to deliver such Service during such periods; provided,
that the Service Provider: (i) has given, whenever possible, reasonable written
notice of the interruption in accordance with Section 10.6 within a
reasonable period of time, explaining the reason, purpose and likely duration
thereof; and (ii) use commercially reasonable efforts to minimize the duration
and impact of the interruption. If such interruption of Services has a more
than minimal negative impact on any material aspect of the Service Recipient’s
business and the Service Provider cannot readily and materially reinstate the
Service involved, such Service Provider will use its commercially reasonable
efforts to assist the Service Recipient in securing alternative services to try
to

 

9

 

minimize such negative impact
on such Service Recipient. Each Party shall promptly notify the other Party
under a Services Agreement of any event or circumstance of which such Party or
any of its representatives has knowledge that would or would be reasonably
likely to cause a disruption in any Services under such Services Agreement.

 

Section 1.14                                Supervision
and Compensation; Independent Contractor. The Service Provider, shall
select, employ, pay, supervise, direct and discharge all the personnel
providing Services for it under such Services Agreement. Each such Service
Provider shall be solely responsible for the payment of all benefits and any
other direct and indirect compensation for personnel assigned to perform
Services on its behalf under this Agreement, as well as such personnel’s worker’s
compensation insurance, employment taxes, and other employer liabilities
relating to such personnel as required by law. The personnel employed by the Service
Provider to provide Services shall be considered independent contractors with
respect to the Service Recipient in connection with the performance of Services
hereunder. The employees of the Service Provider performing Services in
connection herewith shall not be deemed to be employees of the Service
Recipient. No joint venture, partnership or other relationship shall be created
or implied by this Agreement.

 

Section 1.15                                Staffing
of Personnel. Each Service Provider shall be solely responsible for
assigning reasonably competent personnel to perform the Services for it under
such Services Agreement, which personnel will be instructed by such Service
Provider to perform Services in a timely, efficient and workmanlike manner.

 

ARTICLE II

MUTUAL OBLIGATIONS; COVENANTS

 

Section 2.1                                      Legal
Actions. Within fifteen (15) Business Days of either Party becoming a party
to, or threatened with, or otherwise receiving notice of, any legal or
regulatory proceeding or investigation (including inquiries or complaints from
any federal agency, state attorney general’s office, from a legislator on
behalf of a constituent or from any Better Business Bureau or similar
organization) (in each case, a “Proceeding”) arising out of or in connection
with the Services provided hereunder, it is agreed that such Party will
promptly provide written notification of such event to the other Party and, to
the extent reasonably requested or appropriate, the other Party will cooperate
with such Party to defend, settle, compromise or otherwise resolve such
Proceeding; provided, that any costs incurred by the other Party related to its
cooperation shall be borne by the Party against whom the Proceeding has been
brought if it is determined that such Party has been grossly negligent or
engaged in willful misconduct.

 

(a)                          Each Party to a Services Agreement
agrees, to the extent reasonably necessary, to cooperate and consult in the
defense and settlement of any Action threatened or filed by a third party (“Third
Party Action”) which implicates both Parties or any of their Subsidiaries
and which relates primarily to the Services provided by or to the Parties. In
addition, the Parties hereto will use their reasonable best efforts to provide
assistance to the other Party with respect to any Third Party Action, and to

 

10

 

make
available to the other Party reasonable access to its directors, officers,
other employees and agents as witnesses in legal, administrative or other
proceedings to the extent reasonably necessary in connection with such Third
Party Action. The Party providing information, consulting or witness services
under this Section 2.1(b) shall be entitled to reimbursement from the
other Party for reasonable and documented expenses.

 

(b)                         No Party shall have the authority to
institute, prosecute or maintain any Proceeding on behalf of the other Party
without the prior written consent of the other Party.

 

Section 2.2                                      Providing
Periodic Reports. Each Party, in its capacity as Service Provider, will
provide (or cause a Subsidiary of such Party to provide), upon reasonable written
notice, such periodic reports with respect to the Services it provides under a
Services Agreement as is reasonably requested by the Service Recipient  receiving such Services, including such
reports as are specified in the relevant Exhibits; provided that for any type
of periodic report that was not provided to the Service Recipient prior to the
date hereof, the Service Provider shall be permitted to charge a reasonable fee
for the provision of such report.

 

Section 2.3                                      Means
of Providing Services. With respect to any particular Service to be
provided under a Services Agreement, the Service Provider to such Services
Agreement, shall, unless otherwise specified in the Exhibits, determine the
means and resources used to provide such Service in accordance with its prudent
business judgment.

 

Section 2.4                                      Consents;
Further Assurances.

 

(a)                          The Parties shall reasonably
cooperate and use commercially reasonable efforts to obtain all third party
consents, licenses and other agreements necessary for the provision of the
Services, unless otherwise stated in a Services Agreement. The cost of
obtaining any such consents, licenses and other agreements and that are
required to perform Services will be allocated as set forth on Schedule 2.4. The
cost for replicating any agreements in connection with the Reorganization or
the IPO shall be borne by the Party to such replicated agreement. In the event
that any consent, license or other agreement under this Section 2.4 cannot be
obtained despite the Parties’ commercially reasonable efforts, then (i) the
Party ascertaining such consent, license or other agreement will not be granted
by the applicable third party shall immediately notify the other Party, and the
Service Provider shall as soon as practicable notify the affected Service
Recipient in reasonable detail the nature of the applicable exposure and of any
proposed resulting modification in the Services, (ii) the Parties shall
cooperate and assist the Service Recipient in obtaining alternative
arrangements, (iii) the Service Provider shall continue to provide the Services
to the extent reasonably practicable under such circumstances, and (iv) the
affected Parties shall use commercially reasonable efforts to reduce the amount
and/or effect of disruption caused by any such failure to obtain such consent,
license or other agreement.

 

11

 

(b)                         In order to effectuate the intent of
Section 2.4(a), each Party shall execute and deliver such further documents and
take such other actions as may be reasonably requested of it by the other Party,
who is either the Service Provider to such Party or the Service Recipient  of such Party, in order to effect or enable
the provision of the Services contemplated hereunder. In addition, each Party shall
cause its Subsidiaries who provide Services pursuant to any Exhibits, to
perform their obligations in accordance with this Agreement and the Exhibits,
including without limitation, all payment obligations hereunder and thereunder,
and shall remain liable for the failure of its Subsidiaries to so perform.

 

Section 2.5                                      Information
Technology Security and other IT Related Matters.

 

(a)                          No Party shall, and each Party shall
not permit its Subsidiaries and its and their applicable vendors to, access or
use the information systems of the other Party made available under any
Services Agreement, except as expressly permitted and required for receipt or
provision of the Services, as applicable, and as contemplated to otherwise
perform its obligations or exercise its rights under this Agreement or any
Services Agreement.

 

(b)                         Each Party under a Services
Agreement (and its Subsidiaries and their respective third party vendors) shall
not tamper with, compromise or attempt to circumvent, any physical or
electronic security or audit measures employed by the other Party, to such
Services Agreement (and its Subsidiaries and their respective third party
vendors). The Service Recipient shall not, without the Service Provider’s
express written consent or as otherwise provided in this Agreement, and without
complying with such Service Provider’s security policies and procedures, access
any computer system of such Service Provider or its Subsidiaries or remove from
such Service Provider’s or its Subsidiaries’ premises any of such Service
Provider’s or its Subsidiaries’ Confidential Information or any other property
of such Service Provider, its Subsidiaries, employees, members, or customers. The
Service Provider (including its third party vendors) shall not, without the Service
Recipient’s consent or as otherwise provided in this Agreement, and without
complying with such Service Recipient’s security policies and procedures,
access any computer system of such Service Recipient or its Subsidiaries or
remove from such Service Recipient’s or its Subsidiaries’ premises any of such Service
Recipient’s or its Subsidiaries’ Confidential Information or any other property
of the Service Recipient, its Subsidiaries, employees, members, or customers.

 

(c)                          The Service Recipient and the Service
Provider (and its respective Subsidiaries and its and their respective third
party vendors) shall comply with (i) any and all applicable privacy and
information security laws, regulations, statutes, and guidelines, and (ii) the
policies, standards, and guidelines for privacy, information protection, and
information and system security in effect as of the date hereof, as such may be
modified by mutual agreement of the Parties to address security exposures and
risks that may be discovered, such agreement not to be unreasonably withheld or
delayed. Each of the Parties shall maintain security controls over resources

 

12

 

it
provides hereunder or personnel who may access the other Party’s (or the other
Party’s Subsidiaries’) electronic mail, Web site, systems, or Confidential
Information, which controls shall protect the confidentiality, privacy,
integrity and availability of information.

 

(d)                         No Party shall, and shall cause its
Subsidiaries to not, introduce into any computer systems, databases, or
software of the other Party or its Subsidiaries, or of any third party to which
access is provided, any viruses or any other contaminants (including, but not
limited to, codes, commands, instructions, devices, techniques, bugs, web bugs,
or design flaws) that may be used to access, alter, delete, threaten, infect,
assault, vandalize, defraud, disrupt, damage, disable, inhibit, or shut down the
other Party’s or its Subsidiaries’ or applicable third parties’ computer systems,
databases, software, or other information or property. To the extent that either
Party will (i) perform services or tasks via any electronic means (including,
but not limited to, electronic mail, Web site, and/or the Internet), and/or
(ii) provide or cause to be provided to the other Party or its Subsidiaries
with access to its electronic mail systems, Web sites, computer systems, and/or
other Internet systems, the performing or providing Party shall implement or
cause to be implemented industry-standard security to protect the other Party’s,
its Subsidiaries’ and applicable third parties’ computer systems, network
devices and/or the data processed thereon against the risk of penetration by,
or exposure to, a third party. Unless otherwise agreed to by the Parties, any
hardware or software accessed by the other Party or its Subsidiaries or
provided to one Party by the other Party in connection with the Services shall
remain the original Party’s property (as the case may be) and must be
surrendered upon the original Party’s request and/or when the Services
terminate or expire.

 

Section 2.6                                      Cooperation.
During the term of this Agreement, the Parties shall, and shall cause each of
their respective Subsidiaries and each of the foregoing entities’ respective
agents, auditors and representatives to, cooperate with each other in good
faith (i) in the performance of the Services and the Parties’ respective
obligations under this Agreement to 
provide required services specified herein and (ii) to facilitate an
orderly and efficient transition of services, processes and functions, in each
case in a manner consistent with the intent of this Agreement and without undue
burden on either Party.

 

Section 2.7                                      Cendant
Separation Agreement. To the extent that any Services specified in the
Exhibits hereto are provided under, or are otherwise subject to, the provisions
of the Cendant Separation Agreement (or any Ancillary Agreement (as defined,
for the purposes of this Section 2.7 only, in the Cendant Separation
Agreement) thereto), each Party shall fully comply with the Cendant Separation
Agreement and/or the applicable Ancillary Agreement, including but not limited
to those Services specified on Exhibits             to
the Cendant Transition Services Agreement.

 

13

 

ARTICLE III

TAX MATTERS

 

Section 3.1                                      Service
Taxes. Each Party in its capacity as Service Recipient shall pay or cause
to be paid all sales, service, valued added, use, excise, occupation, and other
similar taxes and duties (together in each case with all interest, penalties,
fines and additions thereto) that are assessed against the Parties on the
provision of Services as a whole, or any particular Service (including with
respect to amounts paid by the Service Provider to third parties), including
Additional Services, received by the Service Recipient or any of its
Subsidiaries from any Service Provider or any of its Subsidiaries pursuant to
the terms of this Agreement (collectively, “Service Taxes”). If required
under applicable law (or, in the case of Service Taxes relating to amounts paid
by the Service Provider to third parties), the Service Provider shall invoice
the Service Recipient to such Services Agreement for the full amount of all
Service Taxes, and such Service Recipient shall pay, in addition to the other
amounts required to be paid pursuant to the terms of this Agreement, such
Service Taxes to such Service Provider.

 

ARTICLE IV

ACCESS TO INFORMATION AND PERSONNEL

 

Section 4.1                                      Access
to Information. Subject to the confidentiality provisions set forth in
Article V below and any other restrictions contained in this Agreement, each
Party shall, and shall cause their respective Subsidiaries to, provide, upon
written request, any information within such Party’s or its Subsidiaries’
possession that the requesting Party reasonably needs in connection with
Services being provided by or to such requesting Party (i) to comply with
requirements imposed on the requesting Party by a governmental authority; (ii)
for use by such requesting Party in any proceeding or to satisfy audit,
accounting, tax or similar requirements; or (iii) to comply with such
requesting Party’s obligations under this Agreement.

 

Section 4.2                                      Privilege.
The Parties recognize that legal and other professional services have been and
will be provided prior to and following the date hereof that were or will be
rendered for the benefit of each of the Parties to this Agreement. The Parties
agree that their respective rights with respect to all privileged information
in connection with such services shall be governed by Sections 4.4, 7.6 and 7.7
of the Separation Agreement.

 

14

 

ARTICLE V

CONFIDENTIALITY

 

Section 5.1                                      Confidential
Information.

 

(a)                          Each Party may from time to time
disclose Confidential Information to the other Party (both orally and in
writing) to the extent necessary to carry out their obligations or exercise
their rights under this Agreement and the Exhibits, including with respect to
Services.

 

(b)                         Each receiving Party agrees to treat
all Confidential Information provided by any disclosing Party pursuant to this
Agreement and any Exhibits as proprietary and confidential to the disclosing
Party, and the receiving Party shall not (without the prior written consent of
the disclosing Party) disclose or permit disclosure of such Confidential Information
to any third party; provided, that the receiving Party may disclose, on
a need-to-know basis, such Confidential Information to (i) its third party subcontractors
or to its Subsidiaries who have signed non-disclosure agreements with the
receiving Party that are at least as protective as the terms set forth herein
(for purposes of this Section 5.1(b) a confidentiality term of at least
five years is sufficient), and/or (ii) its current employees, officers, or directors,
or legal or financial representatives. For the avoidance of doubt,
non-disclosure agreements in effect prior to the date of commencement of
Services under any Services Agreement are not required to be amended to comply
with the foregoing sentence, notwithstanding that Confidential Information may
be disclosed pursuant to such non-disclosure agreement after the date of
commencement of Services under such Services Agreement. The receiving Party
agrees to safeguard all Confidential Information of the disclosing Party with
at least the same degree of care (which in no event shall be less than
reasonable care) as the receiving Party uses to protect its own Confidential
Information. The receiving Party shall use the disclosing Party’s Confidential
Information solely for the purpose of fulfilling its obligations and exercise
its rights under this Agreement and the Exhibits. The receiving Party further
agrees not to use or disclose the disclosing Party’s Confidential Information
for its own benefit or for the benefit of others, except as otherwise
contemplated by this Agreement, the Exhibits, or the disclosing Party in writing.

 

(c)                          Notwithstanding this Section 5.1,
the Parties acknowledge and agree that the information shall not be deemed
Confidential Information, and the receiving Party shall have no
confidentiality, non-use or nondisclosure obligation with respect to any such
information to the extent that it is: 
(i) independently developed by the receiving Party without the use of
any Confidential Information and any breach of this Agreement by the receiving
Party, as established by documentary evidence; (ii) in the public domain by no
fault or wrongful act of the receiving Party; (iii) with respect to
Confidential Information that is disclosed by the disclosing Party after the
date of commencement of Services under any Services Agreement but not any
Confidential Information of the disclosing Party disclosed to the receiving
Party on or before such date, known by the receiving Party prior to disclosure
by the disclosing Party, as established by documentary evidence; (iv) disclosed
to the receiving Party by a third party who was not under a similar restriction
or obligation of confidentiality to the disclosing Party, and without breach of
this Agreement; or (v) approved for release by written authorization of the
disclosing Party and the third party owner of the disclosed information; provided,
that other documentation (e.g., taped,
transcribed or click stream data) shall constitute written authorization of a
third party owner for purposes hereof.

 

15

 

The
Parties further acknowledge and agree that Confidential Information may be
disclosed pursuant to the lawful requirement or order of a court or governmental
agency; provided, that upon the receiving Party’s request for such a
disclosure, the receiving Party gives prompt written notice thereof to the
disclosing Party (unless such notice is not possible under the circumstances,
and in such event, such notice shall be provided as promptly as possible
thereafter) so that the disclosing Party may have the opportunity to intervene
and contest such disclosure and/or seek a protective order or other appropriate
remedy.

 

(d)                         The exceptions to Confidential
Information set forth in Sections 5.1(c)(i)-(v) shall not apply to
personally identifiable information accessed and/or held by either Party,
unless the receiving Party can establish, by documentary evidence, that it lawfully
received the same personally identifiable information independently from (i)
the owner of such personally identifiable information, (ii) a person to whom
such personally identifiable information relates or (iii) a party with the
legal authority to provide such personally identifiable information to the
receiving Party on behalf of such owner or person. As between the receiving
Party and the disclosing Party, the receiving Party shall bear all
responsibility and liability for the receiving Party’s disclosure and all other
uses of the personally identifiable information which the receiving Party
receives (except to the extent that the receiving Party is acting with respect
to such personally identifiable information, in accordance with the express directions
of the disclosing Party, in which case the receiving Party’s responsibility and
liability shall be determined in accordance with the other provisions of this
Agreement). To the extent that the Receiving Party becomes aware of any
non-permitted transmittal or disclosure of Confidential Information, the
receiving Party shall use its commercially reasonable efforts to promptly
notify the disclosing party of such non-permitted transmittal or disclosure of
Confidential Information.

 

(e)                          All Confidential Information
transmitted or disclosed hereunder will be and remain the property of the
disclosing Party, and the receiving Party shall (at the disclosing Party’s
election) promptly destroy or return to the disclosing Party, as directed by
the disclosing Party, any and all copies thereof upon Termination or expiration
of this Agreement and/or the applicable Exhibit, or upon the written request of
the disclosing Party, to the extent such destruction or return does not affect
the ability of the receiving Party to perform any Services required hereunder; except,
that (i) the receiving Party may elect to destroy rather than return copies of
the disclosing Party’s Confidential Information that are commingled or
otherwise intertwined with other information not owned by the disclosing Party
and not readily separable from such other information and (ii) the receiving
Party is not obligated to return or destroy copies of Confidential Information
that are required to be maintained by applicable law or regulation or such Party’s
business management policies, or that are unreasonably burdensome to separate
out from other information for purposes of return or destruction (such as
copies thereof commingled with other information in electronic mail archives); provided,
that, for avoidance of doubt, the receiving Party is excused by this Section
5.1(e)(ii) only for so long as the applicable exception to return or
destruction under this Section 5.1(e)(ii) applies, and any such
Confidential Information that is maintained by the disclosing Party otherwise
remains subject to the

 

16

 

terms
and conditions of this Section 5.1. Upon the request of the disclosing
Party, the receiving Party shall certify any such destruction in writing.

 

(f)                            Nothing in this Agreement shall be
construed to limit or prohibit the receiving Party from independently creating
or developing (or having created or developed for it), or from acquiring from
third parties, any information, products, concepts, systems, or techniques that
are similar to or compete with the information, products, concepts, systems, or
techniques contemplated by or embodied in the disclosing Party’s Confidential
Information; provided, that (in connection with such creation, development,
or acquisition) the receiving Party does not violate any of its obligations
under this Agreement. Notwithstanding the foregoing in this subsection (f), the
receiving Party shall not, nor assist others to, disassemble, decompile,
reverse engineer, or otherwise attempt to recreate, the disclosing Party’s
Confidential Information.

 

(g)                         The Parties acknowledge and agree
that, given the unique and proprietary nature of the Confidential Information,
monetary damages may not be calculable or a sufficient remedy for any breach of
this Section 5.1 by the receiving Party, and that the disclosing Party
may suffer great and irreparable injury as a consequence of such breach. Accordingly,
each Party agrees that, in the event of such a breach or threatened breach, the
disclosing Party shall be entitled to seek equitable relief (including, but not
limited to, injunction and specific performance) in order to remedy such breach
or threatened breach. Such remedies shall not be deemed to be exclusive
remedies for a breach by the receiving Party but shall be in addition to any
and all other remedies provided hereunder or available at law or equity to the
disclosing Party.

 

(h)                         Each of the Parties shall be
permitted to disclose the existence and terms of this Agreement and the
Exhibits to which it or any of its Subsidiary is either providing or receiving
Services in connection with a potential acquisition, disposition, financing or
other strategic transaction involving the business or assets to which this
Agreement relates; provided, that such disclosure is (i) made solely to
those Persons having a reasonable need to know such information, and only to
the extent reasonably necessary, for evaluation of such potential transaction,
(ii) with respect to financial terms, not to a direct competitor of the other
Party and excluding the amount any fees paid to any individual third party
vendor, and (iii) subject to a written confidentiality agreement executed by
the Person to whom, or on whose behalf, such information is disclosed and on
terms and conditions no less protective of the confidentiality of such
information than those contained herein (for purposes of this Section 5.1(h)
a confidentiality term of at least five years is sufficient). For the avoidance
of doubt, the foregoing Section 5.1(h) shall be subject to the terms and
conditions of any agreement between the disclosing Party and any third party that
disclosed the applicable confidential information to such Party.

 

17

 

Section 5.2                                      Intellectual
Property and Data.

 

(a)                          Work Product; License Grants.

 

(i)                                     Unless otherwise expressly agreed to
by the Parties to a Services Agreement in the applicable Exhibit, any and all
Work Product created by a Service Provider or its Subsidiary under such Services
Agreement shall be owned exclusively by such Service Provider, and the Service
Recipient expressly disclaims any and all right, title, or interest in and to
such Work Product. In addition, in the event and to the extent that any Work
Product contains any Service Recipient technology or other intellectual
property, then the Service Recipient (or its licensors or subcontractors, if
applicable) shall be deemed to have granted to Service Provider a nonexclusive,
perpetual, and royalty-free license to use such Service Recipient technology or
other intellectual property (subject to any restrictions set forth elsewhere in
this Agreement or the applicable Exhibits) only within such Work Product.

 

(ii)                                  Subject to the terms and conditions
of this Agreement, including Section 5.2(a)(i), and any applicable Third
Party Agreements pursuant to
which Service Recipient obtains rights to intellectual property and data, and
except as expressly provided otherwise in a Services Agreement, the Service
Recipient hereby grants, on behalf of itself and its Subsidiaries, to the Service
Provider and its Subsidiaries under such Services Agreement, a limited,
non-exclusive, royalty-free license to copy, display, perform, transmit, create
derivative works from and otherwise modify, make, use and otherwise exploit,
during the applicable Service Term, such intellectual property and data that is
provided or otherwise made available by Service Recipient or its Subsidiaries
to Service Provider and its Subsidiaries for performance of Service Provider’s
and its Subsidiaries’ obligations under such Services Agreement. The foregoing
license grant is limited to use or other exploitation solely as reasonably
necessary in connection with the performance of the Services under the
applicable Services Schedule.

 

(iii)                               Subject to the terms and conditions
of this Agreement, including Section 5.2(a)(i), and any applicable Third
Party Agreements pursuant to
which the Service Provider obtains rights to intellectual property and data,
and except as expressly provided otherwise in a Services Schedule, the Service
Provider hereby grants, on behalf of itself and its Subsidiaries, to the Service
Recipient and its Subsidiaries, a limited, non-exclusive, royalty-free license
to copy, display, perform, transmit, create derivative works from and otherwise
modify, make, use and otherwise exploit, during the applicable Service Term, Work
Product and any other intellectual property and data that is provided or
otherwise made available by Service Provider or its Subsidiaries to Service
Recipient and its Subsidiaries for receipt and use of the Services or for
performance of Service Recipient’s and its Subsidiaries’ obligations under this
Agreement. The foregoing license grant is limited to use or other exploitation
solely as reasonably necessary in connection with the receipt and use of the
Services under the applicable Services Schedule.

 

(b)                         Ownership of Data and Intellectual
Property.

 

(i)                                     Except for the ownership of Work
Product and license grants made pursuant to Section 5.2(a) and except as
expressly provided otherwise in a Services Schedule, each Party and its
Subsidiaries will retain all right, title

 

18

 

and interest in and to its technology and
other intellectual property used in connection with the Services, including
ownership of any technology or other intellectual property created by such
Party or its Subsidiaries as the Service Provider in providing the Services. Data
generated or collected by Service Provider for the Service Recipient  will be owned by the Service Recipient (other
than Service Provider’s proprietary technical data used or generated in
providing the Services that relate to the operation of the Service Provider’s
infrastructure). Notwithstanding the foregoing, each Party and its Subsidiaries
may independently create or acquire any intellectual property or data that is
deemed by this Agreement to be owned by the other Party and its Subsidiaries
hereunder; provided that such independent creation or acquisition does
not reference or use the intellectual property or data of the other Party and
its Subsidiaries, and such independent creation or acquisition does not breach
any other obligations under this Agreement, including the obligations set forth
in Section 5.1 regarding confidentiality.

 

(ii)                                  To the extent that any right, title
or interest in or to any intellectual property or data vests in a Party or a
Subsidiary thereof, by operation of law or otherwise, in a manner contrary to
the agreed upon ownership as set forth in this Agreement, such Party shall or
cause its Subsidiaries to, and hereby does, perpetually and irrevocably assign
to the appropriate Party any and all such right, title and interest throughout
the world in and to such intellectual property and data, free and clear of all
liens and encumbrances.

 

(c)                          Residual Information. Notwithstanding anything to the
contrary in this Article V or in Section 2.5, nothing in this
Agreement shall preclude the Service Provider (and its Subsidiaries) under any
Services Agreement from using any general information, ideas, concepts,
know-how, techniques, programming routines and subroutines, methodologies,
processes, skills, or expertise (collectively, “Residual Information”)
which such Service Provider’s (and its Subsidiaries’) employees or contractors
retain in their unaided memory and derive from the provision of the Services
under such Services Agreement, and which are no more than skillful variations
of general processes known to the computer data processing and/or information
technology industries (and, as such, are neither proprietary, confidential, nor
trade secret information); provided, however, that the Service Provider
(including its Subsidiaries) under such Services Agreement does not breach its
confidentiality obligations under Section 5.1 with respect to personally
identifiable information.

 

(d)                         Access to Intellectual Property and
Data. As set
forth in any applicable Exhibit, and as otherwise requested from time to time
by the Service Recipient, the Service Provider will promptly provide to the Service
Recipient (and shall not withhold for any reason) copies of Work Product and
data owned by the Service Recipient or to which it has a license in accordance
with this Section 5.2. Such data shall be delivered in a mutually agreed
to format (but in no event other than a generally available commercial format
if the Parties are unable to agree on format). Service Recipient shall be
responsible for the incremental actual costs of such deliveries, to the extent
such costs are not already included in the cost for the associated Services.

 

19

 

(e)                          Reservation of Rights. Except as set forth in the
preceding sections of this Section 5.2, the Service Provider and its
Subsidiaries, on the one hand, and the Service Recipient and its Subsidiaries,
on the other hand, retain all right, title and interest in and to their
respective intellectual property and data, and no other license or other right,
express or implied, is granted to the other Party or its Subsidiaries under
this Agreement with respect to a Party’s or its Subsidiaries’ intellectual
property or data.

 

ARTICLE VI

DISCLAIMER AND LIMITATION OF LIABILITY

 

Section 6.1                                      Limited
Remedy and Limitation of Damages.

 

(a)                          Limited Remedy. In the event that the Service
Provider materially fails to perform any Service in breach of this Agreement
(including any Services Agreement), then at the Service Recipient’s request,
the Service Provider shall use commercially reasonable efforts to re-perform
such Service as soon as reasonably practicable, with the same degree of care
used in correcting a failure of a similar service for itself, at no cost to the
Service Recipient; provided that if the Service Provider is utilizing a third
party vendor to provide services, such third party vendor shall not be subject
to the re-performance requirements of this Section 6.1(a). The Service Provider
shall have no obligation to recreate any lost or destroyed data, but will
provide such data to Service Recipient to the extent the same is re-created
through such re-performance of Services. To the maximum extent permitted by
law, (i) the foregoing in this Section 6.1(a) sets forth the Service Recipient’s
sole and exclusive remedy, and the Service Provider’s sole and exclusive
liability and obligation, with respect to the performance (or nonperformance)
of Services under any Services Agreement, except (1) to the extent any such
failure to perform results from the gross negligence or willful misconduct of a
Party or its Related Parties, and (2) for such specific performance or other
equitable remedy that may be awarded by a court of competent jurisdiction; and
(ii) the Service Provider’s obligations under this Section 6.1(a) are expressly
subject to the liability cap set forth in Section 6.4.

 

(b)                         The Parties hereby expressly
acknowledge and agree that, in the event any re-performance of Services
pursuant to Section 6.1(a) is not promptly performed in accordance
therewith, then in addition to, and not in limitation of, any other remedy
available to a Party under this Agreement, an aggrieved party under Section
6.1(a) shall be entitled to specific performance thereof and immediate
injunctive relief, without the necessity of (i) proving the inadequacy of money
damages as a remedy or (ii) posting a bond.

 

(c)                          Subject to Section 9.2, in
the event that the Service Recipient materially fails to comply with the
requirements for the provision of any Service in breach of this Agreement (including
any Services Agreement), the Service Provider shall be relieved of its
obligations to provide Services hereunder to the extent that (i) the Service
Provider has provided written notice to the Service Recipient of such

 

20

 

failure
(with sufficient detail to allow the Service Recipient to understand the nature
of such failure) and (ii) the Service Recipient has failed to implement a
procedure to cure such failure within twenty (20) Business Days and cured such
failure within thirty (30) Business Days of receipt by the Service Recipient of
such notice, and such Service Recipient shall pay to the Service Provider an
amount in cash equal to expected payments to be made by the Service Provider to
any third party vendor through the remainder of the term of such Services
Agreement, subject to the obligation of the Service Provider to use
commercially reasonable efforts to reduce the amount of the actual costs for
the remainder of such term.

 

(d)                         NOTWITHSTANDING ANYTHING IN THIS
AGREEMENT (INCLUDING ANY SERVICES AGREEMENT, EXCEPT WITH RESPECT TO COLLOCATION
SERVICES, AS PROVIDED FOR ON SCHEDULE A TO EXHIBIT A HERETO AND
MORE SPECIFICALLY DEFINED ON ATTACHMENT 2 THERETO ) TO THE CONTRARY, BUT
SUBJECT TO THE OTHER PROVISIONS OF THIS ARTICLE VI AND THE
INDEMNIFICATION PROVISIONS OF ARTICLE VI OF THE SEPARATION AGREEMENT, TO THE
MAXIMUM EXTENT PERMITTED BY LAW, NO PARTY (NOR ANY OF ITS RELATED PARTIES), IN
ITS CAPACITY AS SERVICE PROVIDER OR SERVICE RECIPIENT, SHALL BE LIABLE FOR ANY
LOSSES ARISING OUT OF OR IN CONNECTION WITH THIS AGREEMENT (INCLUDING ANY
SERVICES AGREEMENT), INCLUDING WITH RESPECT TO ANY SERVICES (INCLUDING THOSE
SERVICES SET FORTH IN THE RELEVANT EXHIBITS), REGARDLESS OF WHETHER LIABILITY
IS BASED ON BREACH OF WARRANTY, BREACH OF CONTRACT, NEGLIGENCE, STRICT
LIABILITY, IN TORT (INTENTIONAL OR OTHERWISE), OR ANY OTHER LEGAL OR EQUITABLE
THEORY, AND REGARDLESS OF WHETHER LIABILITY RELATES TO ACTS OR OMISSIONS OF A
PARTY OR OF ITS RELATED PARTIES, EXCEPT THAT (I) THE FOREGOING SHALL NOT APPLY
TO THE EXTENT ARISING FROM THE GROSS NEGLIGENCE OR WILLFUL MISCONDUCT OF A
PARTY OR ITS RELATED PARTIES AND (II) EACH SERVICE RECIPIENT SHALL BE LIABLE
FOR ANY BREACH OF ITS OBLIGATIONS PURSUANT TO THIS ARTICLE VI.

 

(e)                          EACH PARTY, IN ITS CAPACITY AS
SERVICE RECIPIENT, AGREES AND ACKNOWLEDGES THAT NOTWITHSTANDING ANY ASSISTANCE
FROM THE SERVICE PROVIDER IN CONNECTION WITH THE PREPARATION OF ANY OF THE
SERVICE RECIPIENT’S FINANCIAL STATEMENTS, THE SERVICE RECIPIENT SHALL HAVE SOLE
RESPONSIBILITY AND CONTROL OF THE PREPARATION AND CONTENT OF ANY OF ITS
FINANCIAL STATEMENTS.

 

(f)                            EACH SERVICE RECIPIENT ACKNOWLEDGES
THAT (I) THE SERVICES HEREUNDER ARE NOT GUARANTEED TO BE ERROR-FREE OR
DISRUPTION-FREE AND (II) EACH SERVICE PROVIDER IS NOT A COMMERCIAL PROVIDER OF
THE SERVICES PROVIDED HEREIN AND IS PROVIDING THE SERVICES AS AN ACCOMMODATION
AND AT OR BELOW COST TO SERVICE RECIPIENT PARTIES THROUGH MARCH 31, 2008

 

21

 

IN
CONNECTION WITH THE REORGANIZATION OR THE IPO; PROVIDED THAT AFTER MARCH
31, 2008, SERVICES ARE TO BE COMPENSATED IN ACCORDANCE WITH THE FEES SET FORTH
IN SCHEDULE A TO EXHIBIT A AND IN EXHIBIT B HERETO. THE
PARTIES AGREE THAT THE FOREGOING SHALL BE TAKEN INTO CONSIDERATION IN ANY CLAIM
MADE UNDER THIS AGREEMENT.

 

Section 6.2                                      Disclaimer
of Warranties. EACH PARTY MAKES NO, AND HEREBY DISCLAIMS ALL, REPRESENTATIONS
OR WARRANTIES WHATSOEVER, EXPRESS OR IMPLIED, WITH RESPECT TO THE SERVICES TO
BE PROVIDED OR RECEIVED BY IT OR OTHERWISE WITH RESPECT TO THIS AGREEMENT
(INCLUDING ANY SERVICES AGREEMENT).

 

Section 6.3                                      Limitation
of Consequential Damages. NO MEMBER OF THE TRAVELPORT AFFILIATED GROUP OR
THE OWW AFFILIATED GROUP NOR ANY THIRD PARTY VENDOR HIRED BY ANY OF THE
FOREGOING, NOR ANY DIRECTOR, OFFICER, EMPLOYEE OR AGENT OF ANY OF THE
FOREGOING, SHALL UNDER ANY CIRCUMSTANCES BE LIABLE TO ANY OTHER PARTY, SUCH
OTHER PARTY’S RELATED PARTIES OR ANY OTHER THIRD PARTIES FOR ANY SPECIAL,
INDIRECT, PUNITIVE OR CONSEQUENTIAL DAMAGES (INCLUDING LOSS OF PROFITS OR
REVENUE) RESULTING OR ARISING FROM THIS AGREEMENT (INCLUDING ANY SERVICES
AGREEMENT), INCLUDING THE SERVICES, ANY PERFORMANCE OR NONPERFORMANCE OF THE
SERVICES OR TERMINATION OF THE SERVICES REGARDLESS OF WHETHER SUCH DAMAGES OR
OTHER RELIEF ARE SOUGHT BASED ON BREACH OF WARRANTY, BREACH OF CONTRACT,
NEGLIGENCE, STRICT LIABILITY, IN TORT (INTENTIONAL OR OTHERWISE), OR ANY OTHER
LEGAL OR EQUITABLE THEORY, EXCEPT TO THE EXTENT THAT ANY SUCH DAMAGES ARE AN
UNAFFILIATED THIRD PARTY CLAIMANT’S DAMAGES THAT ARE WITHIN THE SCOPE OF
INDEMNIFICATION PURSUANT TO SECTION 7.1 OF THIS AGREEMENT.

 

Section 6.4                                      Liability
Cap.

 

(a)                          NOTWITHSTANDING ANYTHING IN THIS
AGREEMENT (INCLUDING ANY SERVICES AGREEMENT) TO THE CONTRARY, TO THE MAXIMUM
EXTENT PERMITTED BY LAW, THE AGGREGATE LIABILITY OF EACH PARTY (INCLUDING ITS
RELATED PARTIES) ARISING OUT OF OR IN CONNECTION WITH ANY SERVICES AGREEMENT
SHALL UNDER NO CIRCUMSTANCES EXCEED THE AMOUNTS PAID BY SERVICE RECIPIENT TO
SERVICE PROVIDER FOR SERVICES UNDER SUCH SERVICES AGREEMENT; PROVIDED
THAT THIS SECTION 6.4 SHALL NOT LIMIT OR OTHERWISE APPLY TO SECTION
6.1(c) AND THE INDEMNIFICATION PROVISIONS OF ARTICLE VI OF THE SEPARATION
AGREEMENT; PROVIDED  FURTHER A SERVICE RECIPIENT’S OBLIGATION TO
PAY THE APPLICABLE SERVICES FEES UNDER A SERVICES

 

22

 

AGREEMENT
SHALL NOT COUNT TOWARD, AND SHALL NOT BE SUBJECT TO, THE FOREGOING “LIABILITY
CAP” IN THIS SECTION 6.4(a).

 

(b)                         THE FOREGOING CAP IN SECTION 6.4(a)
IS INTENDED TO SET A CAP ON LIABILITY FOR ALL CLAIMS AND OTHER ASSERTIONS BY
THE OTHER PARTY TO SUCH SERVICES AGREEMENT OR TO THIS AGREEMENT, AS APPLICABLE,
AND BY ANY OTHER PERSONS, COMBINED, REGARDLESS OF WHETHER LIABILITY IS BASED ON
BREACH OF WARRANTY, BREACH OF CONTRACT, NEGLIGENCE, STRICT LIABILITY, IN TORT
(INTENTIONAL OR OTHERWISE), OR ANY OTHER LEGAL OR EQUITABLE THEORY, AND
REGARDLESS OF WHETHER LIABILITY RELATES TO ACTS OR OMISSIONS OF A PARTY OR OF
ITS RELATED PARTIES, IN EACH CASE TO THE MAXIMUM EXTENT PERMITTED BY LAW.

 

(c)                          THE PARTIES ACKNOWLEDGE AND AGREE
THAT THE LIMITATIONS SPECIFIED IN THIS SECTION 6.4 WILL SURVIVE AND
APPLY EVEN IF ANY LIMITED OR SOLE REMEDY SPECIFIED IN THIS AGREEMENT (INCLUDING
ANY SERVICES AGREEMENT) IS FOUND TO HAVE FAILED IN ITS ESSENTIAL PURPOSE.

 

Section 6.5                                      Third
Party Vendors.

 

(a)                          IN NO EVENT WILL A PARTY BE LIABLE
FOR THE PRODUCTS AND SERVICES OF ANY THIRD PARTY LICENSORS, CONTRACTORS,
OUTSOURCERS OR OTHER VENDORS (INCLUDING A FAILURE TO PROVIDE OR PERFORM SUCH
SERVICES), EXCEPT TO THE EXTENT CAUSED BY SUCH PARTY AND FOR WHICH SUCH PARTY
IS OTHERWISE LIABLE UNDER THIS AGREEMENT.

 

(b)                         Notwithstanding anything in this
Agreement (including any Services Agreement) to the contrary, with respect to
any such third party licensors, subcontractors, outsourcers or other vendors,
the Parties agree to reasonably and diligently cooperate to pass through to the
Service Recipient, to the extent permitted by the applicable contracts, the
benefit of any indemnities, representations and warranties under the applicable
contracts with such third parties. Upon request, the Service Provider agrees at
its option to either (i) enforce its rights under such contracts, or (ii) grant
to the Service Recipient rights of subrogation, to the extent permitted under the
applicable contract(s), so that the Service Recipient may directly enforce the
applicable contract(s) against the applicable vendor. The Service Provider will
under no circumstances be responsible for any failure by any third party to
provide any remedies to which the Service Provider and the Service Recipient
are entitled from the applicable vendors. The Service Recipient will be
responsible for its own Costs and the Cost incurred by the Service Provider in
seeking or enforcing any rights or remedies with respect to any such vendors.

 

Section 6.6                                      Shared
Contracts Limitation. Notwithstanding anything in this Agreement (including
any Services Agreement) to the contrary, nothing in this

 

23

 

Agreement (including any
Services Agreement) is intended to supersede the Separation Agreement with
respect to the Parties’ liability for Shared Contracts, with the exception of
certain commitments relating to Shared Contracts as set forth in Section 5
and Section 6 to Schedule A to Exhibit A hereto. In the
event of any conflict between this Agreement and the Separation Agreement with
respect to Shared Contracts, the Separation Agreement will prevail.

 

ARTICLE VII

 

INDEMNIFICATION

 

Section 7.1                                      Indemnification.
Article VI of the Separation Agreement provides for indemnification of the
Parties under certain circumstances. Any indemnification included in an Exhibit
or Schedule to this Agreement shall be governed by the indemnification
procedures set forth in Article VI of the Separation Agreement.

 

ARTICLE VIII

 

OTHER PROVISIONS

 

Section 8.1                                      Records.
Each Service Provider agrees to maintain accurate records arising from or
related to any Services provided under such Services Agreement, including
accounting records (which shall also be at least sufficient to permit a proper
404 Audit in accordance with Section 8.3, and to verify the “true-up” of
Costs subject to Section 1.10) and documentation produced in connection
with the rendering of any Services. Each Service Provider’s accounting records
and as appropriate, other records, shall be reasonably sufficient to permit the
computation and verification of all payments due hereunder.

 

Section 8.2                                      Inspection
Rights. During the applicable Service Term and for sixty (60) days
thereafter, the Service Provider shall, upon twenty (20) days’ prior written
notice from the Service Recipient to such Services Agreement, permit such
Service Recipient or its authorized representatives to inspect and audit such
Service Provider’s records relating to the Services during regular business
hours; provided, that the Service Recipient shall comply with the
Service Provider’s reasonable security and safety procedures as such procedures
are communicated to such Service Recipient and that any expenses (including
relating to copying) in connection the inspection or audit shall be the sole
obligation of such Service Recipient.

 

Section 8.3                                      Certain
Audit Rights.

 

(a)                          The Parties acknowledge and agree
that the Service Recipient  receiving
Services under any of the Exhibits hereto may require that the Service Provider
providing Services under such Exhibit perform an audit or such other review, with
respect to the Services covered by such Exhibits, that is sufficient to allow
such Service Recipient to demonstrate compliance with the requirements set
forth in Section 404 of the Sarbanes-Oxley Act of 2002, as amended (“404
Audit”), if required

 

24

 

(it
being understood that nothing in this Section 8.3(a) shall impose any obligation
or requirement whatsoever by either Party to comply with SOX 404 beyond such
Party’s obligations or requirements, if any, pursuant to applicable law or
regulation). Such Service Recipient shall provide the affected Service Provider
with reasonable advance notice of such 404 Audit (if required), taking into
consideration the Services being reviewed and the required scope of review. Such
Service Recipient and Service Provider shall then promptly meet to discuss the
scope of review required. The Service Recipient will have final decision-making
authority regarding the scope of review (if required), provided that
such Service Recipient and Service Provider will cooperate and act reasonably
to minimize disruption to, and effort by, Service Provider, as well as to
minimize the costs and expenses of such 404 Audit. Promptly upon completion of
such discussions regarding scope of review, the affected Service Provider and Service
Recipient or Parties shall agree upon and execute a statement of work for such
audit. All Parties involved in any 404 Audit will act reasonably to minimize
delays in connection with any such discussions, statements of work and actual
404 Audits.

 

(b)                         The Service Recipient requiring a
404 Audit shall bear all out-of-pocket costs and expenses associated with such
404 Audit. If the 404 Audit reveals non-compliance with any applicable law,
rule, regulation or requirement of the 404 Audit, the Service Provider shall,
and shall cause its relevant Subsidiaries and subcontractors to, promptly remedy
such non-compliance. The Service Provider and the Service Recipient affected by
such non-compliance shall bear all out-of-pocket costs and expenses associated with
such remediation equally.

 

ARTICLE IX

 

TERMINATION AND SERVICE TERMINATION

 

Section 9.1                                      Termination.

 

(a)                          This Agreement may be terminated
(the “Termination”) by mutual written consent of the Parties, and such
termination shall also terminate all Services Agreements hereunder between such
Parties (each such termination prior to the expiration of the applicable
Service Term, a “Service Termination”), unless otherwise provided in the
Termination agreement between the Parties. Subject to Section 9.4, if
not previously terminated, this Agreement shall automatically terminate on the
first date after the date hereof on which there are no Services provided
between the Parties.

 

(b)                         This Agreement may be terminated by
either Party (a “Non-Defaulting Party”) at any time after written notice
to the other Party if:

 

(i)                                     the other Party fails in any material
respect to perform its obligations under or breaches in any material respect
this Agreement or any Services Agreement (the “Defaulting Party”) and
such failure to perform or breach of an obligation is not cured within sixty
(60) days of the date on which written notice is received by the Defaulting
Party setting forth in reasonable detail the manner in which the Defaulting

 

25

 

Party
failed to perform its obligations hereunder and stating that the Non-Defaulting
Party intends to terminate this Agreement with respect to the Defaulting Party
if such failure or breach is not cured within sixty (60) days of such notice. For
the avoidance of doubt, the foregoing shall not limit any rights of the payee
Party under Section 1.12(b); or

 

(ii)                                  the other Party makes a general
assignment for the benefit of creditors, becomes insolvent, a receiver is
appointed, or a court approves reorganization or arrangement proceedings.

 

Section 9.2                                      Service
Termination.

 

(a)                          Any Services Agreement may be
terminated (x) by mutual written agreement of the Parties to such Services
Agreement at any time or (y) by the Non-Defaulting Party with respect to any
Services Agreement in accordance with the procedures set forth in Section
9.1(b) if the other Party fails in any material respect to perform its
obligations under or breaches in any material respect such Services Agreement;
provided, that the termination of Telecommunications Services, Information
Technology Support and Services and Collocation and Facilities Services to be
provided by Travelport to OWW shall have the termination provisions specified
on Schedule A to Exhibit A hereto.

 

(b)                         Any Service or Services provided
hereunder may be terminated by the Service Provider upon written notice to the
Service Recipient of such Service or Services if performance of any such
Service or Services has been rendered impossible or impracticable by reason of
the occurrence of any of the events described in Section 10.1; provided,
that such Service Provider has used commercially reasonable efforts not to
suspend services as provided in Section 1.13.

 

(c)                          Any notice of Service Termination
delivered by either Party shall specify the effective date of such Service Termination
and, where applicable, detail the Service or Services to be terminated.

 

Section 9.3                                      Consequences
of Termination and Service Termination. In the event of Termination pursuant
to Section 9.1 or a Service Termination pursuant to Section 9.2:

 

(a)                          Upon request and at the returning
Party’s cost, each Party involved in such Service shall return to the other
Party all tangible personal property, books and records owned by the other
Party and relating to the Services in their possession (other than Confidential
Information, which is governed by Section 5.1), as of the relevant Termination
or Service Termination date, as applicable; and

 

(b)                         In the event of any Service Termination,
in whole or in part, of any Service by the Service Provider pursuant to Section
9.2(a)(y) or Section 9.2 (b) or by the Service Recipient pursuant to
Section 9.2(a)(y), the Service Recipient shall pay to Service Provider
(i) all reasonable Transition Costs as incurred and invoiced on a monthly
basis, and (ii) shall continue to pay any Unrecovered Costs in accordance with

 

26

 

the
same payment schedule as such costs would have been paid if the applicable
Services had continued to be provided until their intended expiration date. Invoices
for such charges shall be prepared in reasonable detail by the Service Provider
and payment shall be due within thirty (30) days after receipt of such invoice.

 

(c)                          The  Service
Provider and the Service Recipient shall cooperate and use commercially
reasonable efforts to minimize Transition Costs and Unrecovered Costs that may
arise under any Services Agreement and this Agreement (including, e.g., by exercising early termination rights under vendor
contracts where the total cost of early termination is less than continued
payments under such contracts as contemplated for the remainder of the Service
Term for such terminated Services). To the extent that any Unrecovered Costs
are incurred by Service Provider over the remaining Service Term for such
Services (rather than at or about the time of the Termination or a Service Termination,
as the case may be), but paid by Service Recipient prior to such time actually
incurred by Service Provider, Service Recipient shall pay to Service Provider
the net present value of such costs, at a mutually agreed to discount rate.

 

Section 9.4                                      Survival.
Expiration or termination of all or a portion of the Services for any reason
shall not terminate the other obligations of the Parties hereunder, which shall
survive any such Service Termination; provided, however, that as to any
particular Services, this Agreement shall terminate as between the Service
Provider and the Service Recipient listed on an Exhibit upon the end of the Service
Term for such Services specified in the Exhibits; provided, further,
that Section 4.2, Article V, Article VI, Section 9.3,
Section 9.4, Article X and any provisions of a Services Agreement
that are specified therein as surviving, shall survive the Termination. Subject
to the foregoing, expiration or termination of the Services for any reason
shall not terminate either Party’s obligation to pay any money owed under this
Agreement up to or as a result of a Service Termination or obligations and
rights arising out of any willful misconduct or gross negligence of either Party
occurring prior to such Service Termination or expiration or, including the
obligation to pay any money owed hereunder up to or as a result of such Service
Termination.

 

ARTICLE X

 

MISCELLANEOUS

 

Section 10.1                                Force
Majeure. Neither of the Parties shall be responsible for the delay in the
performance of any obligation hereunder due to labor disturbances, pandemic,
accidents, fires, storms, floods, earthquake, explosion, wars, acts of
terrorism, riots, rebellions, insurrections, blockages, strike or labor
disruption, acts of governments, governmental requirements and regulations,
restrictions imposed by law or any other similar conditions, beyond the
reasonable control and without the fault or negligence of such Party, and the
time for performance by such Party shall be extended by the period of such
delay. Notwithstanding the foregoing, in no event shall the Service Recipient
be relieved of its payment obligations to the Service Provider for Services
delivered.

 

27

 

Section 10.2                                Assignment.

 

(a)                          Except as otherwise provided for in
this Agreement, and subject to Section 10.2(b), neither this Agreement (nor
any Services Agreement hereunder) nor any of the rights, interests or
obligations of either Party hereto under this Agreement (or any Services
Agreement hereunder) shall be assigned, in whole or in part, by operation of
law or otherwise by either Party without the prior written consent of the other
Party; provided, that no Service Provider or Service Recipient will be obligated
to materially change the nature, scope or volume of the Services it provides or
receives, respectively, under any Services Agreement as a result of any assignment,
allocation or contribution by any Party (or any such assignment, allocation or
contribution by any of such Party’s Subsidiaries). To the extent so assigned,
allocated and/or contributed to a Subsidiary, the relevant Subsidiary shall be
deemed the relevant Service Provider or Service Recipient, as applicable, with
respect to the relevant portion of such Service(s).

 

(b)                         Notwithstanding Section 10.2(a)
or anything else in this Agreement, Service Provider may assign (in whole or in
part) the rights, interests or obligations of such Party under a Services
Agreement, and Travelport may assign this Agreement in whole or in part, in
connection with a merger transaction or the sale of Assets or change of control;
provided, that the surviving entity of such merger, the transferee of
such Assets or other successor shall agree in writing, reasonably satisfactory
to the other Party, to be bound by the terms of this the Service Agreement or Agreement,
as the case may be, as if named as a “Party” hereto; provided  further,
that neither Service Provider nor Service Recipient will be obligated to
materially change the nature, scope or volume of the Services it provides or
receives, respectively, under any Services Agreement, as a result of any such
disposition by either Party (or any disposition by any of such Party’s
Affiliates).

 

(c)                          Any assignment or other disposition
in violation of this Section 10.2 shall be void. Subject to the
foregoing in this Section 10.2, this Agreement will be binding upon,
inure to the benefit of, and be enforceable by, the Parties and their
respective successors and assigns. Nothing in this Section 10.2 shall
affect the ability of either Party to terminate this Agreement or any of the
Services in accordance with the provisions of this Agreement.

 

Section 10.3                                Relationship
of the Parties. Neither of the Parties is an agent of the other or has any
authority to bind the other Party, transact any business in the other Party’s
name or on its behalf, or make any promises or representations on behalf of the
other Party unless provided for in the Exhibits or agreed to in writing.

 

Section 10.4                                Governing
Law and Submission to Jurisdiction. This Agreement shall be construed and
enforced in accordance with, and the rights and duties of the parties shall be
governed by, the laws of the State of New York without regard to the principles
of conflicts of law other than Section 5-1401 of the General Obligations Law of
the State of New York. Subject to Section 10.7, each of the Parties
irrevocably submits to the exclusive jurisdiction of (a) the Supreme Court of
the State of New York,

 

28

 

New York County, and (b) the
United States District Court for the Southern District of New York (the “New
York Courts”), for the purposes of any suit, action or other proceeding to
compel arbitration or for provisional relief in aid of arbitration in
accordance with Article X or to prevent irreparable harm, and to the
non-exclusive jurisdiction of the New York Courts for the enforcement of any
award issued thereunder. Each of the Parties further agrees that service of any
process, summons, notice or document by U.S. registered mail to such Party’s
respective address set forth above shall be effective service of process for
any action, suit or proceeding in the New York Courts with respect to any
matters to which it has submitted to jurisdiction in this Section 10.4.
Each of the Parties irrevocably and unconditionally waives any objection to the
laying of venue of any action, suit or proceeding arising out of this Agreement
or the transactions contemplated hereby in the New York Courts, and hereby
further irrevocably and unconditionally waives and agrees not to plead or claim
in any such court that any such action, suit or proceeding brought in any such
court has been brought in an inconvenient forum.

 

Section 10.5                                Entire
Agreement. This Agreement, including any schedules or Exhibits annexed
hereto, as such schedules or Exhibits may be amended from time to time in
accordance with Section 10.12, the Ancillary Agreements and the Continuing
Agreements embody the entire agreement and understanding of the Parties hereto
relating to the Services and obligations to be provided by the Parties, and
shall supersede all previous negotiations, commitments and writings with
respect to such subject matter. There are no restrictions, promises, representations,
warranties, covenants or undertakings, other than those expressly set forth or
referred to herein. In the event of any inconsistency between this Agreement
and any schedule or Exhibit hereto, the schedule or Exhibit, as the case may
be, shall prevail. In the event and to the extent that there shall be a
conflict between the provisions of this Agreement and the provisions of any Ancillary
Agreement or Continuing Agreement, such Ancillary Agreement or Continuing
Agreement shall control, except if otherwise provided therein; provided that
this Agreement shall control with respect to any conflicts with the Separation
Agreement.

 

Section 10.6                                Notices.
All notices, requests, claims, consents, demands and other communications under
this Agreement shall be in writing and shall be given or made (and shall be
deemed to have been duly given or made upon receipt) by delivery in person, by
overnight courier service, by facsimile with receipt confirmed (followed by
delivery of an original via overnight courier service) or by registered or
certified mail (postage prepaid, return receipt requested) to the respective
Parties at the following addresses (or at such other address for a Party as
shall be specified in a notice given in accordance with this Section 10.6):

 

To Travelport:

 

Eric J. Bock

Executive Vice President and General Counsel

Travelport Limited

400 Interpace Parkway, Bldg. A

Parsippany, NJ 07054

 

29

 

Phone: (973) 939-1000

Fax: (973) 939-1199

 

To OWW:

 

General Counsel

500 W. Madison Street, Suite 1000

Chicago, IL 60661

Attn: Legal Department

Phone: (312) 894-5000

Facsimile: (312) 894-4855

 

All such notices, requests and other
communications shall be deemed received on the date of receipt by the recipient
thereof if received prior to 5:00 p.m., New York City time, and such day is a
Business Day in the place of receipt. Otherwise, any such notice, request or
communication shall be deemed not to have been received until the next
succeeding Business Day in the place of receipt.

 

Section 10.7                                Disputes.
Any dispute between the Parties hereto arising under this Agreement shall be
resolved pursuant to the dispute resolution procedures contained in Article IX
of the Separation Agreement as if such provision applied to the Parties hereto.
In the event of any such dispute, the Service Recipient shall continue to pay
for the Services, in accordance with Section 1.12, and the Service
Provider shall continue to provide the Services in accordance with the terms
and conditions of this Agreement (subject to applicable third party contract
terms and conditions), pending resolution of such dispute. The obligations of
the Parties pursuant to this Section 10.7 shall survive the Termination,
any Service Termination or the termination of the Separation Agreement.

 

Section 10.8                                Severability.
In the event any one or more of the provisions contained in this Agreement
should be held invalid, illegal or unenforceable in any respect, the validity,
legality and enforceability of the remaining provisions contained herein and
therein shall not in any way be affected or impaired thereby. The Parties shall
endeavor in good-faith negotiations to replace the invalid, illegal or
unenforceable provisions with valid provisions, the economic effect of which
comes as close as possible to that of the invalid, illegal or unenforceable
provisions.

 

Section 10.9                                Interpretation.

 

(a)                          When a reference is made in this
Agreement to an Article, Section or Exhibit, such reference shall be to an
Article or Section of, or an Exhibit to, this Agreement unless otherwise
indicated. Whenever the words “include”, “includes” or “including” are used in
this Agreement, they shall be deemed to be followed by the words “without
limitation”. The words “hereof”, “herein” and “hereunder” and words of similar
import when used in this Agreement shall refer to this Agreement as a whole and
not to any particular provision of this Agreement. All terms defined in this
Agreement shall have the defined meanings when used in any certificate or other

 

30

 

document
made or delivered pursuant hereto unless otherwise defined therein. The
definitions contained in this Agreement are applicable to the singular as well
as the plural forms of such terms and to the masculine as well as to the
feminine and neuter genders of such term. Any agreement, instrument or statute
defined or referred to herein or in any agreement or instrument that is
referred to herein means such agreement, instrument or statute as from time to
time amended, modified or supplemented, including (in the case of agreements or
instruments) by waiver or consent and (in the case of statutes) by succession
of comparable successor statutes and references to all attachments thereto and instruments
incorporated therein.

 

(b)                         The Parties have participated
jointly in the negotiation and drafting of this Agreement. This Agreement shall
be construed without regard to any presumption or rule requiring construction
or interpretation against the Party drafting or causing any instrument to be
drafted.

 

Section 10.10                          Counterparts.
This Agreement may be executed in any number of counterparts, all of which
shall be considered one and the same agreement and shall become effective when
one or more counterparts have been signed by all Parties and delivered to the
other Party.

 

Section 10.11                          Further
Cooperation. Each Party agrees to cooperate with the other, at the other
Party’s reasonable request, to execute any and all documents or instruments, or
to obtain any consents, in order to assign, transfer, perfect, record,
maintain, enforce or otherwise carry out the intent of the terms of this
Agreement.

 

Section 10.12                          Amendment
and Waiver. This Agreement and the Services Agreements may not be amended
or modified except by a writing signed by an authorized signatory of each
Party; provided, that any Services Agreement may be amended or modified
by a writing signed by an authorized signatory of each Party to such Services
Agreement. No waiver by either Party or any breach or default hereunder or
under any Services Agreement shall be deemed to be a waiver of any preceding or
subsequent breach or default.

 

Section 10.13                          Duly
Authorized Signatories. Each Party represents and warrants that its
signatory whose signature appears below has been and is on the date of this
Agreement duly authorized by all necessary corporate or other appropriate
action to execute this Agreement.

 

Section 10.14                          Waiver
of Trial By Jury. EACH OF THE PARTIES HEREBY WAIVES TO THE FULLEST EXTENT PERMITTED
BY APPLICABLE LAW ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY WITH RESPECT TO ANY
LITIGATION DIRECTLY OR INDIRECTLY ARISING OUT OF, UNDER OR IN CONNECTION WITH
THIS AGREEMENT OR THE TRANSACTIONS CONTEMPLATED BY THIS AGREEMENT. EACH OF THE
PARTIES HEREBY (A) CERTIFIES THAT NO REPRESENTATIVE, AGENT OR ATTORNEY OF ANY
OTHER PARTY HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PARTY
WOULD NOT, IN THE EVENT OF LITIGATION, SEEK TO

 

31

 

ENFORCE THE FOREGOING WAIVER
AND (B) ACKNOWLEDGES THAT IT HAS BEEN INDUCED TO ENTER INTO THIS AGREEMENT AND
THE TRANSACTIONS CONTEMPLATED BY THIS AGREEMENT, AS APPLICABLE, BY, AMONG OTHER
THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS SECTION 10.14.

 

Section 10.15                          Title
and Headings. Titles and headings to sections herein are inserted for the
convenience of reference only and are not intended to be a part of or to affect
the meaning or interpretation of this Agreement.

 

Section 10.16                          No
Third Party Beneficiaries. This Agreement is solely for the benefit of the
Parties and should not be deemed to confer upon third parties any remedy,
claim, liability, reimbursement, claim of action or other right in excess of
those existing without reference to this Agreement.

 

Section 10.17                          Successors
and Assigns. The provisions of this Agreement and the obligations and
rights hereunder shall be binding upon, inure to the benefit of and be
enforceable by (and against) the Parties and their respective successors and
permitted transferees and assigns.

 

Section 10.18                          Certain
Definitions. For purposes of this Agreement:

 

(a)                          “Action” means any claim,
action, cause of action, dispute, suit, proceeding or investigation, whether
civil, criminal, administrative, investigative or other.

 

(b)                         “Additional Services” has the
meaning set forth in Section 1.2.

 

(c)                          “Adjustment Amount” has the
meaning set forth in Section 1.10(a).

 

(d)                         “Affiliate” means (i) with
respect to the Travelport Affiliated Group, any other member of the Travelport
Affiliated Group, and (ii) with respect to the OWW Affiliated Group, any other
member of the OWW Affiliated Group.

 

(e)                          “Agreement” has the meaning
set forth in the preamble to this Agreement.

 

(f)                            “Ancillary Agreements” means
those agreements identified on Schedule 10.13 to the Separation Agreement.

 

(g)                         “Avis Budget” means Avis
Budget Group, Inc., a Delaware corporation formerly known as Cendant
Corporation.

 

32

 

(h)                         “Business Day” means each
Monday, Tuesday, Wednesday, Thursday and Friday which is not a day on which
banking institutions in New York City are authorized or obligated by law or
executive order to close.

 

(i)                             “Cendant Separation Agreement”
means that certain Separation and Distribution Agreement, dated as of July 27,
2006, by and among Avis Budget, Realogy, Wyndham and Travelport.

 

(j)                             “Code” means the Internal
Revenue Code of 1986, as amended.

 

(k)                          “Confidential Information”
means any information disclosed by one Party to the other Party whether
obtained before or after the execution of this Agreement relating to the
business, finances, technology or operations of the providing Party relating to
this Agreement or the provision or receipt of Services hereunder or under any
Exhibit. Such information may include financial, technical, legal, marketing,
network, and/or other business information, reports, records, or data
(including, but not limited to, computer programs, code, systems, applications,
analyses, passwords, procedures, output, information regarding software, sales
data, vendor lists and pricing information, customer lists, and employee- or
customer-related information, personally identifiable information, business
strategies, advertising and promotional plans, creative concepts,
specifications, designs, and/or other material).

 

(l)                             “Continuing Agreements” means
those agreements identified on Schedule 2.5 to the Separation Agreement.

 

(m)                       “Contract” means any
agreement, contract, obligation, indenture, instrument, lease, promise,
arrangement, commitment or undertaking (whether written or oral and whether
express or implied).

 

(n)                         “Cost” has the meaning set
forth in Section 1.10.

 

(o)                         “Defaulting Party” has the
meaning set forth in Section 9.1(b)(i).

 

(p)                         “Employee Severance Cost” has
the meaning set forth in Section 1.9.

 

(q)                         “Exhibit” has the meaning set
forth in Section 1.1(a).

 

(r)                            “Interest Rate” has the
meaning set forth in Section 1.12(a).

 

(s)                          “IPO” has the meaning set
forth in the preamble.

 

(t)                            “LTIPs” shall have the
meaning set forth in Section 1.9.

 

33

 

(u)                         “Losses” means any and all
damages, losses, deficiencies, liabilities, obligations, penalties, judgments,
settlements, claims, payments, fines, interest, costs and expenses (including,
without limitation, the costs and expenses of any and all Actions and demands,
assessments, judgments, settlements and compromises relating thereto and the
reasonable costs and expenses of attorneys’, accountants’, consultants’ and
other professionals’ fees and expenses incurred in the investigation or defense
thereof or the enforcement of rights thereunder).

 

(v)                         “Master Services Agreement”
has the meaning set forth in the preamble.

 

(w)                       “Non Defaulting Party” has
the meaning set forth in Section 9.1(b).

 

(x)                           “OWW” has the meaning set
forth in the preamble to this Agreement.

 

(y)                         “OWW” means Orbitz Worldwide,
Inc., a Delaware corporation.

 

(z)                           “OWW Affiliated Group” means,
collectively, OWW and all of its direct and indirect Subsidiaries now or
hereafter existing.

 

(aa)                    “Party” or “Parties”
has the meaning set forth in the preamble.

 

(bb)                  “Prime Rate” shall mean the
rate per annum publicly announced by JPMorgan Chase Bank (or successor thereto)
from time to time as its prime rate in effect at its principal office in New
York City. For purposes of this Agreement, any change in the Prime Rate shall
be effective on the date such change in the Prime Rate is publicly announced as
effective.

 

(cc)                    “Privilege” means any
privilege, including privileges arising under or related to the attorney-client
or attorney work product privileges.

 

(dd)                  “Proceeding” has the meaning
set forth in Section 2.1(a).

 

(ee)                    “Realogy” means Realogy
Corporation, a Delaware corporation.

 

(ff)                        “Related Parties” means, with
respect to a Party, its officers, directors and employees and any of its
Affiliates or Subsidiaries, and their officers, directors or employees, as well
as any agents and subcontractors of a Party or of any of the foregoing.

 

(gg)                  “Reorganization” has the
meaning set forth in the preamble.

 

34

 

(hh)                  “Residual Information” shall
have the meaning set forth in Section 5.2(c).

 

(ii)                          “Securities Act” means the
Securities Act of 1933, as amended.

 

(jj)                          “Separation Agreement” has
the meaning set forth in the preamble.

 

(kk)                    “Service Provider” means the Party
providing the Services with respect to any particular Services Agreement, as
set forth in the relevant Exhibits.

 

(ll)                          “Service Recipient” means the
Party receiving the Services with respect to any particular Services Agreement,
as set forth in the relevant Exhibits.

 

(mm)              “Service Taxes” has the
meaning set forth in Section 3.1.

 

(nn)                  “Service Term” has the
meaning set forth in Section 1.4.

 

(oo)                  “Service Termination” has the
meaning set forth in Section 9.1(a).

 

(pp)                  “Services” has the meaning
set forth in Section 1.1(a).

 

(qq)                  “Services Agreement” has the
meaning set forth in Section 1.1(a).

 

(rr)                        “Shared Contract” shall
mean any contract (i) that is forth on Schedule 6.6, as such schedule
may be amended from time to time, or (ii) that is (A) a Travelport
asset but inures in whole or in part to the benefit or burden of OWW or the
consumer-to-consumer business or (B) a OWW asset but inures in whole or in
part to the benefit or burden of Travelport or the business-to-consumer
business.

 

(ss)                    “Subsidiary” shall mean with
respect to any Person (i) a corporation, fifty percent (50%) or more of the
voting or capital stock of which is, as of the time in question, directly or
indirectly owned by such Person, (ii) any other partnership, joint venture,
association, joint stock company, trust, unincorporated organization or other
entity in which such Person, directly or indirectly, owns fifty percent (50%)
or more of the equity economic interest thereof or has the power to elect or
direct the election of fifty percent (50%) or more of the members of the
governing body of such entity or otherwise has control over such entity (e.g.,
as the managing partner of a partnership), or (iii) which would be considered
subsidiaries of such Person within the meaning of Regulation S-K or Regulation
S-X.

 

(tt)                        “TAI” means Travelport
Americas, Inc., a Delaware corporation, formerly known as Travelport Inc. and
Cendant Travel Distribution Services Group, Inc.

 

35

 

(uu)                  “Termination” has the meaning
set forth in Section 9.1(a).

 

(vv)                  “Third Party Action” has the
meaning set forth in Section 2.1(b).

 

(ww)              “Third Party Agreement” means
any agreement between either or both of the Parties and/or their Affiliates, on
the one hand, and any third party, on the other hand.

 

(xx)                      “Transition Costs” means the
reasonable out-of-pocket costs and the expenses, labor, and materials incurred
by Service Provider in transitioning the performance of Services to Service
Recipient in accordance with this Agreement and any other costs, expenses,
labor and materials that are proposed and reasonably incurred by Service
Provider in winding down the provision of such Service.

 

(yy)                  “Travelport” has the meaning
set forth in the preamble to this Agreement.

 

(zz)                      “Travelport Affiliated Group”
means, collectively, Travelport Limited and all of its direct and indirect Subsidiaries
now or hereafter existing, other than members of the OWW Affiliated Group.

 

(aaa)              “Travelport Limited” has the
meaning set forth in the preamble to this Agreement.

 

(bbb)           “Unrecovered Costs” means any
reasonable unamortized hardware, software or other costs and charges that are
allocated to such Service (such allocation made in accordance with this
Agreement, including Section 1.10), as of the date of Termination or Service
Termination, as applicable (including any prepaid hardware and software
maintenance fees and unamortized license or leasing payments).

 

(ccc)              “Work Product” means reports,
surveys, promotional materials, photographs, logos, artwork, graphics, signs,
computer code, scripts, documentation, data (excluding employee and customer data),
specifications or other materials, writings, or works of authorship that is
created by the Service Provider specifically for the Service Recipient  in the course of rendering the Services under
a Services Agreement, but excluding any of the foregoing created by the Service
Provider in the ordinary course of maintaining information technology
infrastructure to provide Services to any Service Recipient.

 

(ddd)           “Wyndham” means Wyndham
Worldwide Corporation, a Delaware corporation.

 

(eee)              “404 Audit” has the meaning
set forth in Section 8.3(a).

 

36

 

IN WITNESS WHEREOF, each of the Parties has
caused this Agreement to be executed on its behalf on the day and year first
above written.

 

 

	
   

  	
  TRAVELPORT INC.

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
  Name:

  
	
   

  	
   

  	
  Title:

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  ORBITZ WORLDWIDE, INC.

  
	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
  Name:

  
	
   

  	
   

  	
  Title:Exhibit 10.4

 

TAX SHARING AGREEMENT
(this “Agreement”), dated as of       , 2007,
by and among Travelport Inc., a Delaware corporation (“Travelport”), and Orbitz
Worldwide, Inc., a Delaware corporation (“OWW”).

 

WHEREAS, prior
to February 8, 2007, Travelport, OWW and each of their respective U.S.
Affiliates were members of an Affiliated Group of corporations within the
meaning of Section 1504(a) of the Code (the “Continuing Affiliated Group”) of
which OWW was the common parent;

 

WHEREAS, on or
about February 8, 2007, Travelport, OWW, certain Travelport Subsidiaries and
certain OWW Subsidiaries engaged in certain transactions, the effect of which
was that Travelport and the U.S. Travelport Subsidiaries ceased to be members
of the Continuing Affiliated Group and became members of a new Affiliated Group
of which Travelport is the common parent (the “Deconsolidation Transaction”);

 

WHEREAS, OWW remains
the common parent of the Continuing Affiliated Group;

 

WHEREAS, the
board of directors of Travelport has determined that it is appropriate,
desirable and in the best interests of Travelport and its stockholders to offer
for sale a certain percentage of the common stock of OWW in a registered public
offering (the “IPO”);

 

WHEREAS, in a
series of transactions commencing on or about June 1, 2007, OWW or its
Affiliates, acquired 100% of the stock and/or other equity interests of certain
non-U.S. entities that engage in the B2C Businesses and engaged in certain
other steps to properly align Travelport and OWW’s business in connection with the
IPO (together with the Deconsolidation Transaction, the “Restructuring
Transaction”); and

 

WHEREAS, the
parties to this Agreement desire to make certain arrangements with respect to
liability for Taxes, responsibility for preparing and filing Tax Returns, and
certain other Tax-related matters following the date hereof.

 

NOW,
THEREFORE, in consideration of the foregoing and the respective covenants and
agreements set forth herein, and intending to be legally bound hereby, the
parties hereto agree as follows:

 

ARTICLE I

DEFINITIONS

 

As used in
this Agreement, the terms set forth in this ARTICLE I shall have the following
meanings (such meanings to be equally applicable to both the singular and
plural forms of the terms defined):

 

“Affiliate”
means, with respect to any Person, at the time in question, any other Person
Controlling, Controlled by or under common Control with such Person.

 

 

“Affiliated
Group” means an affiliated group of corporations within the meaning of Section
1504(a) of the Code and any consolidated, combined, unitary and other similar
group as defined under similar laws of other jurisdictions.

 

“Agreement” is
defined in the preamble.

 

“B2B
Businesses” has the meaning ascribed in the Separation Agreement.

 

“B2C
Businesses” has the meaning ascribed in the Separation Agreement.

 

“Cendant
Purchase Agreement” means that certain purchase agreement, dated as of June 30,
2006 among Cendant Corporation, Travelport Inc., TDS Investor Corporation, and
TDS Investor (Bermuda), Ltd., as amended.

 

“Code” means
the Internal Revenue Code of 1986, as amended.

 

“Contest”
means any audit, examination, suit, action or proceeding involving a Taxing
Authority.

 

“Continuing Affiliated
Group” is defined in the preamble.

 

“Control”
(including “controls,” “controlling,” “controlled by” and “under common control
with”) means, with respect to any Person, the ownership of stock, directly or
indirectly, possessing at least fifty percent (50%) of the total combined
voting power of all classes of stock entitled to vote of the Person.

 

“Deconsolidation
Transaction” is defined in the preamble.

 

“Dispute” is
defined in Section 6.1.

 

“Dispute Date”
is defined in Section 6.1.

 

“IPO” is
defined in the preamble.

 

“OWW” is
defined in the preamble.

 

“OWW Group” is
any Affiliated Group of which OWW or any OWW Subsidiary is a member which
includes, for the avoidance of doubt, the Continuing Affiliated Group.

 

“OWW Returns”
means any Tax Return required to be filed by or on behalf of OWW, an OWW
Subsidiary, or an OWW Group (including the Continuing Affiliated Group).

 

“OWW
Subsidiary” means any corporation or other entity directly or indirectly
Controlled by OWW immediately after the date hereof (including any successor to
such a corporation or other entity and any entity formed or acquired after the
date hereof).

 

 

“Person” means
and includes any individual, firm, corporation, partnership (including, without
limitation, any limited, general or limited liability partnership), company,
limited liability company, trust, joint venture, association, joint stock
company, unincorporated organization or similar entity or governmental entity.

 

“Refund” means
any refund of Taxes, including any reduction in Tax liability by means of a
credit, offset or otherwise, net of any increased Taxes attributable to such
Refund.  For the avoidance of doubt,
Refund does not include payments made by Cendant under the Cendant Purchase
Agreement.

 

“Restructuring
Transactions” is defined in the preamble.

 

“Restructuring
Taxes” is defined in Section 3.4.

 

Separation Agreement”
means that certain separation agreement, dated as of the date hereof, by and
between OWW and Travelport Limited, a Bermuda company and indirect parent of
Travelport.

 

“Straddle
Period” means any taxable period that begins on or before the date hereof and
ends after the date hereof.

 

“Tax Return”
means any return, filing, report, questionnaire, information statement or other
document required to be filed, including amended returns that may be filed, for
any taxable period with any Taxing Authority (whether or not a payment is
required to be made with respect to such filing).

 

“Tax or Taxes”
means all taxes, charges, imposts, duties or other similar assessments imposed
by, or required to be collected or withheld and paid to, any Taxing Authority,
including, without limitation, income, gross receipts, excise, property, sales,
use, license, capital stock, transfer, franchise, payroll, withholding, social
security, value added, and other taxes, together with any related interest,
penalties or other additional amounts.

 

“Tax Statement”
is defined in Section 2.2(b)(i).

 

“Taxing
Authority” means the United States Internal Revenue Service and any other
state, local, foreign or other governmental entity responsible for the collection
or administration of Taxes.

 

“Travelport”
is defined in the preamble.

 

“Travelport
Subsidiary” means any corporation or other entity directly or indirectly
Controlled by Travelport on or after the date hereof (including any successor
to such a corporation or other entity and any entity formed or acquired after
the date hereof).  For the avoidance of
doubt, “Travelport Subsidiary” shall exclude OWW and each OWW Subsidiary.

 

 

“Travelport
Group” is any Affiliated Group of which Travelport or any Travelport Subsidiary
is the common parent other than an OWW Group and, for the avoidance of doubt,
other than the Continuing Affiliated Group.

 

“Travelport
Returns” means any Tax Return required to be filed by or on behalf of
Travelport, a Travelport Subsidiary, or a Travelport Group.

 

“Treasury
Regulations” means those regulations promulgated by the United States
Department of Treasury under the Code, as such regulations may be amended from
time to time (including corresponding provisions of succeeding provisions) as
in effect for the relevant taxable period.

 

ARTICLE II

PREPARATION AND FILING OF TAX RETURNS; PAYMENT OF TAXES

 

Section 2.1                                      Travelport
Tax Returns.  Travelport shall have
sole and exclusive responsibility for the preparation and filing of, and shall
prepare and timely file or cause to be prepared and timely filed, all Travelport
Returns and shall timely pay, or cause to be paid, all Taxes required to be
reported on such Travelport Returns.

 

Section 2.2                                      OWW
Tax Returns. Except as otherwise provided in subsection (b), OWW shall have
sole and exclusive responsibility for the preparation and filing of, and shall
prepare and timely file or cause to be prepared and timely filed, all OWW
Returns and shall timely pay, or cause to be paid, all Taxes required to be
reported on such OWW Returns. Travelport, on behalf of OWW or any relevant OWW
Subsidiary, shall prepare and timely file or cause to be prepared and timely
filed, all OWW Returns for all taxable periods ending on or prior to the date
hereof and all Straddle Periods.  All
such Tax Returns shall be prepared in good faith and consistent with past
practice unless otherwise required by applicable law. If Travelport is
permitted by law to file a Tax Return described in this Section 2.2(b), at
least six (6) business days before the due date for such Tax Return, Travelport
shall deliver such Tax Return to OWW accompanied by a statement (a “Tax
Statement”) setting forth and calculating in reasonable detail the amount of
Taxes shown to be due and payable thereon other than Taxes for which Travelport
is required to indemnify OWW under Section 3.1. 
Within three (3) business days of receipt, OWW shall pay to Travelport
the amount of such Taxes shown on such Tax Statement. If Travelport is not
authorized by law to file a Tax Return described in this Section 2.2(b), at
least three (3) business days before the due date for such Tax Return, Travelport
shall deliver such Tax Returns to OWW and shall pay to OWW the amount of Taxes
shown to be due and payable thereon for which Travelport is required to
indemnify OWW under Section 3.1.  OWW
shall file such Tax Returns with the appropriate Taxing Authority, and shall
timely pay, or cause to be paid, all Taxes required to be pay therewith. OWW
shall compensate Travelport for all services provided by Travelport to OWW
under this subsection (b), as provided in that

 

 

certain transition services agreement,
dated the date hereof, by and between Travelport and OWW.

 

Section 2.3                                      Refunds
and Payments Received from Cendant.  Travelport
shall be entitled to (i) all Refunds of Taxes described in Section 3.1, and
(ii) all payments made by Cendant under the Cendant Purchase Agreement that
relate to Taxes imposed on Travelport or an Affiliate of Travelport.  OWW shall be entitled to (i) all Refunds of Taxes
described in Section 3.2, and (ii) all payments made by Cendant under the
Cendant Purchase Agreement that relate to Taxes imposed on OWW or any OWW
Subsidiary. If one party receives a Refund or payment under the Cendant
Purchase Agreement to which the other party is entitled hereunder, the
recipient shall remit, within five (5) days thereafter, the amount of such
Refund or payment to the other party.

 

Section 2.4                                      Provision
of Information.  OWW shall prepare or
cause to be prepared, at its own expense, and provide to Travelport, all
information that Travelport shall reasonably request, in such form as Travelport
shall reasonably request, in connection with Travelport and OWW’s rights and
obligations under this Agreement, which information shall be provided no later
than thirty (30) days following Travelport’s request therefor.

 

ARTICLE III

INDEMNIFICATION

 

Section 3.1                                      Indemnification
by Travelport.  Travelport shall
indemnify and hold harmless OWW and all Affiliates of OWW from and against the
following Taxes and related costs, expenses and other losses:

 

(a)                                  all Taxes imposed on OWW or an OWW
Subsidiary for all taxable periods arising out of, or attributable to the B2B
Businesses;

 

(b)                                 all Taxes arising out of, or
attributable to the breach by Travelport of any of its obligations or
agreements under this Agreement; 

 

(c)                                  71 percent of all Taxes imposed on
OWW or any OWW Subsidiary arising out of, or attributable to the Restructuring
Transactions;

 

(d)                                 71 percent of all Taxes imposed on
OWW or any OWW Subsidiary under Treasury Regulation Section 1.1502-6 or any
comparable provision of state, local or foreign law as a result of such Person
being a member the Affiliated Group of which the Cendant Corporation was the
common parent;

 

(e)                                  71 percent of all liability with
respect to Taxes imposed on OWW or any OWW Subsidiary under the Cendant
Purchase Agreement; and

 

 

(f)                                    71 percent of all Taxes imposed on
OWW or any OWW Subsidiary for all taxable periods ending on or before the date
hereof and all Straddle Periods other than (i) those Taxes described in
subsections (a)-(e), and (ii) Taxes arising out of, or attributable to the B2C
Businesses.

 

Section 3.2                                      Indemnification
by OWW.  OWW shall indemnify and hold
harmless Travelport and all Affiliates of Travelport from and against the
following Taxes and related costs, expenses and other losses:

 

(a)                                  all Taxes imposed on Travelport or any
Travelport Subsidiary for all taxable periods arising out of, or attributable
to the B2C Businesses;

 

(b)                                 all Taxes and related costs arising
out of, or attributable to the breach by OWW of any of its obligations or
agreements under this Agreement;

 

(c)                                  29 percent of all Taxes imposed on
Travelport or any Affiliate of Travelport arising out of, or attributable to
the Restructuring Transactions;

 

(d)                                 29 percent of all Taxes imposed on
Travelport or any Travelport Subsidiary under Treasury Regulation Section
1.1502-6 or any comparable provision of state, local or foreign law as a result
of such Person having been a member of an OWW Group;

 

(e)                                  29 percent of all Taxes imposed on
Travelport or any Travelport Subsidiary under Treasury Regulation Section
1.1502-6 or any comparable provision of state, local or foreign law as a result
of such Person being a member the Affiliated Group of which the Cendant
Corporation was the common parent;

 

(f)                                    29 percent of all liability with
respect to Taxes imposed on Travelport or any Affiliate of Travelport under the
Cendant Purchase Agreement; and

 

(g)                                 29 percent of all Taxes imposed on
Travelport or any Travelport Subsidiary for all taxable periods ending on or
before the date hereof and all Straddle Periods other than (i) those Taxes
described in subsections (a)–(f), and (ii) Taxes arising out of, or
attributable to the B2B Businesses.

 

Section 3.3                                      Straddle
Periods.  For purposes of this
Agreement, in order to apportion appropriately any Taxes relating to a Straddle
Period, the parties hereto shall, to the extent permitted or required under
applicable law, treat the date hereof as the last day of the taxable year or
period of the relevant entity for all Tax purposes.  In any case where applicable law does not
permit the parties hereto to treat the date hereof as the last day of the
taxable year or period, the portion of any Taxes that are allocable to the portion
of any

 

 

Straddle
Period prior to the date hereof shall be: in the case of Taxes imposed on a
periodic basis, the amount of such Taxes for the entire Straddle Period
multiplied by a fraction, the numerator of which is the number of calendar days
in the portion of the Straddle Period ending on and including the date hereof,
and the denominator of which is the number of calendar days in the entire
Straddle Period; and

 

(b)                                 in the case of Taxes not described
in clause (i) (such as Taxes that are either (A) based upon or related to
income or receipts, or (B) imposed in connection with any sale or other
transfer or assignment of property), deemed equal to the amount that would be
payable if the taxable year or period ended on the date hereof.

 

Section 3.4                                      Restructuring
Taxes.  For purposes of this
Agreement, the amount of Taxes arising out of or attributable to the
Restructuring Transactions (“Restructuring Taxes”) shall equal the excess, in any
taxable period in which the Restructuring Transactions occurred, of (a) the
amount of Taxes actually imposed upon a party hereto over (b) the amount of
Taxes that would have been imposed upon such party if the Restructuring
Transactions had not occurred.  For the
avoidance of doubt, Restructuring Taxes shall not include (i) the use of or
reduction in any losses, deductions or credits, or (ii) Taxes imposed in a taxable
period other than that in which the Restructuring Transactions occur even if
such Taxes would have been eliminated or reduced through the use of losses,
deductions or credits described in clause (i) if the Restructuring Transactions
had not occurred.

 

Section 3.5                                      Payment.  The parties shall settle their
indemnification obligations within thirty (30) days after receipt of written
demand for payment, setting forth in reasonable detail the circumstances and
amount of the indemnity payment.

 

ARTICLE IV

CONTROL OF CONTESTS

 

Section 4.1                                      Generally.  In the event any Taxing Authority informs a party
of any proposed or actual Contest of Taxes for which an indemnification
obligation is imposed on another party under ARTICLE III, the party so informed
shall notify the other party of such matter within ten (10) business days after
receiving such notice. No failure or delay in informing the other party shall
reduce or otherwise affect the obligations or liabilities of any party hereto,
except to the extent such failure or delay shall have materially and adversely
affected the recipient party’s ability to defend against any liability or claim
with respect to such Taxes.  Any notice
shall be accompanied by a copy of any written notice or other document received
from the applicable Taxing Authority with respect to such matter.

 

Section 4.2                                      Control
by Travelport.  Travelport shall have
the sole right to control any Contest relating to a Travelport Return, other than
any contest that OWW elects to control under the second sentence of Section 4.3.  So long as does so in good faith, Travelport
may elect to control (which election shall be delivered to OWW no later than
ten (10) days after receipt of the notice described in Section 4.1) any Contest
relating to an

 

 

OWW Return with respect to any
Taxes for which an indemnification obligation is imposed on Travelport under
Section 3.1.  OWW, at its expense, shall
have the right to participate in any Contest that it does not control (a)
relating to any OWW Return that Travelport elects to control pursuant to the
previous sentence, and (b) relating to any Taxes for which an indemnification
obligation is imposed on OWW under Section 3.2 (including an obligation to
indemnify for a portion of such Taxes). 
Travelport shall not agree or settle or compromise any Contest described
in the previous sentence which settlement or compromise would have a material adverse
impact on the liability for Taxes hereunder of OWW, without OWW’s consent
(which consent shall not be unreasonably withheld or delayed).

 

Section 4.3                                      Control
by OWW.  OWW shall have the sole
right to control any Contest relating to an OWW Return, other than any contest
that Travelport elects to control under the second sentence of Section 4.2.  So long as does so in good faith, OWW may
elect control (which election shall be delivered to Travelport no later than
ten (10) days after receipt of the notice described in Section 4.1) any Contest
relating to a Travelport Return with respect to any Taxes for which an indemnification
obligation is imposed on OWW under Section 3.2(a) or (b).  Travelport, at its expense, shall have the
right to participate in any Contest relating to any Travelport Return that OWW elects
to control.  OWW shall not agree or
settle or compromise any Contest described in the previous sentence which
settlement or compromise would have a material adverse impact on the liability
for Taxes hereunder of Travelport, without Travelport’s consent (which consent
shall not be unreasonably withheld or delayed).

 

ARTICLE V

COOPERATION AND EXCHANGE OF INFORMATION

 

Section 5.1                                      Cooperation.  Each of Travelport and OWW shall cooperate
fully (and shall cause its respective Affiliates to cooperate fully) with all
reasonable requests from the other party in connection with the preparation and
filing of any Tax Return, any calculation or determination contemplated by this
Agreement, or any Contest or other matter relating to Taxes covered by this
Agreement.  Such cooperation shall
include, without limitation, at each party’s own expense, (i) the retention
until the expiration of the applicable statute of limitations (including
extensions), and the provision upon request, of Tax Returns, books, records,
documentation and other information relating to Tax Returns and/or the
calculations and determinations contemplated under this Agreement, and (ii) the
execution of any document that may be necessary or helpful in connection with
the filing of any Tax Return or control of any Contest, including, but not
limited to, the execution of a power of attorney authorizing the other party and
its accountants, tax advisors and other representatives to represent it.  Each party shall make its employees and
facilities available on a reasonable basis in connection with the foregoing
matters.

 

 

ARTICLE VI

DISPUTES

 

Section 6.1                                      Dispute
Resolution.  Any dispute, controversy
or claim arising out of or relating to this Agreement or the breach,
termination or validity hereof (“Dispute”) shall first be negotiated between
the appropriate senior executives of Travelport and OWW who have the authority
to resolve the matter.  Such executives
shall meet to attempt in good faith to negotiate a resolution of the Dispute
prior to pursuing other available remedies, within ten (10) days of receipt by Travelport
or OWW, as applicable, of notice of a Dispute, which date of receipt shall be
referred to herein as the “Dispute Date.”  If the senior executives are unable to resolve
the Dispute within thirty (30) days from the Dispute Date, then Travelport and OWW
shall jointly retain a nationally recognized accounting firm to resolve the
Dispute.  If Travelport and OWW cannot
mutually agree upon such a firm, then any Dispute which Travelport and OWW
cannot resolve within thirty (30) days from the Dispute Date shall be resolved
by a nationally recognized accounting firm selected by the American Arbitration
Association; provided, however, that the American Arbitration Association shall
not select any accounting firm that is then providing auditing services to Travelport
or OWW or any of their respective Affiliates.  The accounting firm selected by Travelport and
OWW or the American Arbitration Association, as the case may be, shall act as
an arbitrator to resolve all points of disagreement, and its decision shall be
final and binding upon all parties involved.  Following the decision of such firm, Travelport
and OWW shall each take or cause to be taken any action necessary to implement
the decision of such firm. Travelport and OWW shall share equally the
administrative costs of the arbitration and such firm’s fees and expenses, and
shall each bear their respective other costs and expenses related to the
arbitration.

 

ARTICLE VII

GENERAL PROVISIONS

 

Section 7.1                                      Late
or Deferred Payments.  The amount of
all or any portion of a payment not made when due under this Agreement shall be
payable together with any interest thereon, computed at the short-term
applicable federal rate under Section 1274(d) of the Code and commencing from
the date on which such payment was due and payable under this Agreement.

 

Section 7.2                                      Notices.  All notices, requests, claims, demands and
other communications hereunder shall be in writing and shall be delivered as
set forth below, or pursuant to such other instructions as may be designated in
writing by the party to receive such notice:

 

If to Travelport, to:

 

Eric J. Bock

Executive Vice
President and General Counsel

Travelport
Limited

 

 

400 Interpace
Parkway, Bldg. A

Parsippany, NJ
07054

Phone: (973)
939-1000

Fax: (973)
939-1199

 

If to OWW, to:

 

General
Counsel

Orbitz
Worldwide, Inc.

500 W. Madison
St., Suite 1000

Chicago, IL
60661

Phone: (312)
894-5000

Fax: (312)
894-4855

 

Any party may
change its address or fax number by giving the other party written notice of
its new address or fax number in the manner set forth above.

 

Section 7.3                                      Counterparts.  This Agreement may be executed in one or more
counterparts, all of which shall be considered one and the same agreement and
shall become effective when one or more counterparts have been signed by each
of the parties and delivered to the other parties, it being understood that all
parties need not sign the same counterpart. Delivery of an executed signature
page to this Agreement by facsimile transmission shall be as effective as
delivery of a manually signed counterpart of this Agreement.

 

Section 7.4                                      Entire
Agreement; No Third Party Beneficiaries. This Agreement constitutes the
entire agreement and supersedes all prior agreements and understandings, both
written and oral, among the parties with respect to the subject matter hereof.
This Agreement shall be binding upon and inure solely to the benefit of each
party hereto and their respective successors and permitted assigns, and, except
as provided below with respect to successors and assigns, nothing in this
Agreement, express or implied, is intended to or shall confer upon any other
Person any right, benefit or remedy of any nature whatsoever under or by reason
of this Agreement.

 

Section 7.5                                      Governing
Law.  This Agreement shall be
governed by, and construed in accordance with, the laws of the State of New
York without giving effect to applicable principles of conflict of laws.

 

Section 7.6                                      Severability.  If any term or other provision of this
Agreement is invalid, illegal or incapable of being enforced by any law or
public policy, all other terms and provisions of this Agreement shall
nevertheless remain in full force and effect so long as the economic or legal
substance of the transactions contemplated hereby is not affected in any manner
materially adverse to any party. Upon such determination that any term or other
provision is invalid, illegal or incapable of being enforced, the parties
hereto shall negotiate in good faith to modify this Agreement so as to effect
the original intent of the parties as closely as possible in an acceptable
manner in order that the transactions contemplated hereby are consummated as
originally contemplated to the

 

 

greatest extent possible.

 

Section 7.7                                      Successors;
Assignment.  Neither party may not
assign any of its rights, interests or entitlements and obligations under this
Agreement without the prior written consent of the other party. Subject to each
of the two immediately preceding sentences, this Agreement will be binding
upon, inure to the benefit of and be enforceable by, the parties and their
respective successors and assigns.

 

Section 7.8                                      Good
Faith.  The parties shall, and shall
cause their respective Affiliates to, act in good faith and not take any action
intended to circumvent the provisions of this Agreement.

 

Section 7.9                                      Amendments.  No amendment to this Agreement shall be
effective unless it shall be in writing and signed by Travelport and OWW.

 

Section 7.10                                Titles
and Subtitles.  The titles of the
sections and subsections of this Agreement are for convenience of reference
only and are not to be considered in construing this Agreement.

 

Section 7.11                                Termination
of Prior Agreements.  All prior
agreements between Travelport and/or any Affiliate of Travelport, on the one
hand, and OWW or any Affiliate of OWW, on the other hand, providing for the
sharing or allocation of liability for Taxes, shall terminate and have no
further effect as of the date hereof.

 

 

IN WITNESS WHEREOF, each of the parties has
caused this Agreement to be executed on its behalf on the day and year first
above written.

 

 

	
   

  	
  TRAVELPORT INC.

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
  Name:

  
	
   

  	
   

  	
  Title:

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  ORBITZ WORLDWIDE, INC

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
  Name:

  
	
   

  	
   

  	
  Title:

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