Document:

Employment Agreement with Thomas Carson

 Exhibit 10.19 
 January 24, 2006 
 Personal and Confidential 
 Mr. Thomas Carson 
 [Address] 
 [Address] 
 Dear Mr. Carson: 
 This letter agreement (“Agreement”), when executed by both you and Gemstar-TV International, Inc. (the “Company”), will be binding and confirm the agreement between you and the Company relating to your employment by the
Company. Upon its execution, this Agreement will supersede any and all prior agreements, understandings, arrangements and/or communications, whether express or implied, oral or written, between you and the Company and/or its affiliates relative to
your employment with the Company. As used herein, the term “Agreement” shall be deemed to include the General Terms and Conditions, Exhibit A, Exhibit 1 and Exhibit 2 to be attached hereto and by this reference made a part of this
Agreement. By signing this letter, you represent and warrant that you are not bound by any agreements, contracts, or commitments which would, in any way, prevent or limit you from accepting this offer or your performance of or contribution to the
position you are being offered. 
 1. The Company hereby employs you and you hereby accept such employment, upon the terms and conditions hereinafter set
forth, for a term of two (2) years commencing April 3, 2006 (the “Effective Date”) and continuing through April 2, 2008, unless earlier terminated as provided herein (the “Term”). If the Company desires to extend
or renew the Term, the Company shall so notify you not less than six (6) months prior to its expiration, in order to permit you and the Company to enter into good-faith negotiations relating to such extension or renewal. This Agreement may be
extended or renewed by mutual written agreement of the parties, but only by an express written agreement signed by you and an authorized representative of the Company. 
 2. On the Effective Date you shall serve as operating President of TV Guide On Screen, Inc. and perform such duties consistent with that position as well as handle such other and/or additional duties and
responsibilities as are assigned to you from time to time (and agree to such travel both within and outside the United States as the rendering of your services may reasonably require). You agree to devote the time and attention necessary to fulfill
the duties of your employment hereunder. 
 3. During the Term, you shall receive on regular pay dates as then in effect under applicable Company policy a
base salary at an annualized rate of (i) $370,000.00 during the first year of the Term; and (ii) during the second year of the Term, $370,000.00 adjusted for the percentage increase, if any, in the Consumer Price Index – Urban Wage
Earners and Clerical Workers (Boston Metropolitan Area – All Items Less Food and Energy) (or any successor Consumer Price Index, including any index resulting from changes made to the Consumer Price Index), based on data published by the Bureau
of Labor Statistics (1982-84 – 100) of the United States Department of Labor for the preceding calendar year cost of living. Any adjustments to your compensation, including but not limited to your base salary, following the Term of this
Agreement shall be made at the Company’s sole discretion. 
 4.(a) During the Term, you will be eligible to earn a discretionary, periodic bonus based
on the bonus plan then in effect and such criteria as the Company determines in its sole discretion which may include without limitation the performance of the Company, of TV Guide On Screen, Inc., and your individual performance. Any decision to
pay you a bonus and the amount thereof, if any, shall be determined in the sole and absolute discretion of the Company. To the extent not prohibited by or inconsistent with the bonus plan then in effect, the targeted amount of your bonus is fifty
percent (50%) of your annualized base salary. 
 (b) Also during the Term, you shall be eligible to be considered for periodic grants of
non-qualified stock options pursuant to the controlling stock option plan, if any, then in effect for the Company and its employees as and when such grants are considered generally for other employees at the same level. Any decision to grant you
stock options and the number thereof shall be determined in the sole and absolute discretion of the Company. 

 (c) Additionally, subject to the approval of the Compensation Committee of the Company in its sole
discretion and the satisfaction of the other conditions described herein, you shall receive a one-time grant of nonqualified stock options (the “Options”) under the Gemstar-TV Guide International, Inc. 1994 Stock Incentive Plan, as amended
and/or restated from time to time, or under any successor plan as may thereafter be in effect and applicable to the Company and you, to acquire fifty thousand (50,000) shares of the Company’s common stock (“Common Shares”). Each
Option shall represent the right to acquire one (1) Common Share. Subject to earlier termination of the Options as provided in the controlling stock option plan and stock option agreement, the Options shall vest in equal installments of twenty
percent (20%) on each anniversary of the “Grant Date” (as defined below) over a five (5) year period, and shall expire on the close of business on the last business day of the Company coinciding with or immediately preceding the
day before the tenth anniversary of the Grant Date. The exercise price per Common Share of each Option shall equal the closing price for a Common Share on the NASDAQ National Market Reporting System (or successor system) on the date (the “Grant
Date”) which is the later of (i) the date the Compensation Committee approves the grant of Options or (ii) the Effective Date. Any grant of Options shall be subject to your execution and delivery of the Company’s written
stock option agreement and shall be subject to the terms and conditions of such agreement and the controlling stock option plan. 
 5. During the Term, the
Company shall provide you a car allowance of eight hundred dollars ($800.00) per month to be used for the purchase or lease and maintenance of an appropriate automobile for your use. 
 6. During the first six months of your employment, the Company shall reimburse you in accordance with its travel, entertainment and business expense reimbursement (“T&E”) policy for your actual
out-of-pocket travel and travel-related expenses reasonably and necessarily incurred by you with regard to your travel between your current primary residence in Lancaster, PA and the Company’s Bedford, MA offices. All such expenses to be
submitted for reimbursement must be supported by appropriate back-up documentation and detail as the Company reasonably requires. 
 7. During the Term, you
shall be eligible for all employee benefits applicable to the Company’s employees from time to time, which may include without limitation medical and dental insurance, 401(k) plan, life insurance and long-term disability insurance. 

8. During the Term, you shall be entitled to four (4) weeks paid vacation per calendar year in accordance with the plans, practices, programs and policies then
in effect for the Company; provided, however, since vacation time for you is not accrued, you shall not be eligible to receive payment, or be paid, for any unused vacation time and no unused vacation time shall be carried over from one year to the
next or otherwise accumulated. 
 9. During the Term, the Company shall pay or reimburse you for all reasonable business expenses actually incurred or paid
by you in the scope of your employment and the performance of your services hereunder upon the presentation of such supporting documentation as the Company requires. Payment or reimbursement of such expenses shall be subject to all Company policies
regarding the reporting of and payment of business expenses as in effect generally from time to time. 
 10. The Company reserves the right to modify,
suspend or discontinue any and all of the above plans, practices, policies and programs at any time without advance notice (except as mandated by applicable law) or recourse by you so long as such action is taken in a way that does not single you
out. 
 11.(a) You agree that during your employment, either pursuant to the terms of this Agreement or on an at will basis thereafter, you will have no
interest, directly or indirectly, in any business, activity or endeavor that the Company or its affiliates is currently engaged in or that the Company or its affiliates engages in at any time during the period you are employed by the Company, and
you will perform no services for any person, firm or corporation engaged in any such business; provided, however, that nothing here shall prevent you, upon approval of the Company, from serving as a director or trustee of other corporations or
businesses which are not in competition with the business of the Company or in competition with any affiliate of the Company. 
 (b) You
shall at all times be subject to, observe and carry out such rules, regulations, policies, directions and restrictions as the Company may from time to time establish, including without limitation the standards of business conduct, as well as those
imposed by law. 
  

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 12.(a) Cause, Death or Disability. If your employment is terminated by the Company for “Cause” (as defined
below), or in the event that your employment is terminated due to your death or disability, this Agreement shall terminate without further obligations to you other than for the timely payment of your annualized base salary through the date of
termination to the extent not theretofore paid. The Company shall be deemed to have terminated your employment for “Cause” in the event that you have engaged in or committed (i) willful misconduct, gross negligence, theft or fraud;
(ii) any willful act that is reasonably likely to, or which does in fact, have the effect of materially injuring the reputation, business or a business relationship of the Company; or (iii) breach of any material term of this Agreement.
For purposes of this Agreement, “disability” shall mean either (I) a physical or mental impairment which substantially limits one or more of your major life activities and which renders you unable to perform the essential functions of
your position, even with reasonable accommodation which does not impose an undue hardship on the Company for an aggregate of ninety (90) days in any twelve-month period or (II) you become eligible to receive benefits under any long term
disability insurance provided by the Company. The determination of disability under subsection (I) of the preceding sentence shall be based upon information supplied by you and/or your medical personnel, as well as information from medical
personnel (or others) selected by the Company or its insurers. In the event your health care provider and the Company do not agree as to whether you have a disability, you and the Company shall appoint a third-party qualified physician who shall
evaluate you and provide a determination of whether you have a disability. 
 (b) Good Reason. During the Term, you may terminate your
employment for Good Reason. For purposed of this Agreement, “Good Reason” shall mean any of the following: (i) the Company requires you, without your consent, to relocate your principal office more than fifty (50) miles away from
the greater Radnor/Philadelphia, Pennsylvania metropolitan area or the greater Bedford/Boston, Massachusetts metropolitan area [for purposes of clarity, being required to have your principal office within fifty (50) miles of ether area shall
not be grounds for your termination for Good Reason]; or (ii) the Company substantially diminishes your duties or responsibilities without your consent. Before terminating your employment for Good Reason under subsections (i) or (ii), you
shall give the Company written notice of your intent to terminate for Good Reason and the basis therefore, and the Company shall have thirty (30) days to cure (the “Cure Period”). If the Company fails to cure the Good Reason within
the Cure Period, you may terminate your employment agreement and this Agreement upon an additional ten (10) days’ written notice. For all purposes under this Agreement, any termination by you for Good Reason shall be treated as if a
determination had been made by the Company that your services are no longer needed or desired under Section 12(c) of this Agreement, and you shall be entitled to the payments and benefits set forth in Section 12(c) pursuant to its terms.

 (c) If the Company determines that it no longer needs or desires your services during the Term for other than for “Cause” or
your death or disability, your employment shall be subject to, and the Company shall have no further obligations to Employee except as provided in, the Contract Payout Status Policy attached hereto as Exhibit A. 
 13. In consideration of the making of this Agreement, as well as of the other consideration stated herein, you expressly agree that any contract, agreement or
understanding between you and the Company and/or its affiliates with respect to severance or termination pay, notice of severance or termination, or pay in lieu of any notice of severance or termination previously extended to you, whether by way of
contract, letter, or any termination or severance policy, program, practice or arrangement, is hereby rescinded and waived. You agree that the payments contemplated by this Agreement shall constitute the exclusive and sole remedy for any termination
of your employment and you covenant not to assert or pursue any other remedies, at law or in equity, with respect to any termination of your employment. If you violate this Agreement by bringing or maintaining any charges, claims, grievances, or
lawsuits contrary to this provision, you shall pay all costs and expenses of the Company and/or related persons or affiliated entities in defending against such charges, claims or actions brought by you or on your behalf, including but not limited
to reasonable attorneys’ fees, in addition to all damages suffered or incurred by the Company and/or its affiliates. 
 14. You acknowledge and agree
that the Company has no obligation to renew this Agreement or to continue your employment after any termination of, or the expiration of, this Agreement, and expressly acknowledge that no promises or understandings to the contrary have been made or
reached. In the event you continue in the employ of the Company after the end of the Term, your employment shall be solely on an “at will” basis and this Agreement shall no longer be in effect for any purpose except for those provisions
that are expressly stated herein to survive the expiration or earlier termination of this Agreement Notwithstanding any other provision in this Agreement, the Company may terminate your employment or determine that your services are no longer needed
or desired at any time for any or no reason without prior notice; provided, however, that if such termination or determination occurs during the Term, such termination or determination shall be subject to the provisions of Section 12 above.

 This Agreement, its terms and the offer of employment evidenced hereby shall be deemed automatically withdrawn and revoked and shall
become null and void without further notice if this Agreement is not signed by you and the fully-signed original of this Agreement is not received by Mike McKee (with proof of receipt) by 2:00 p.m. (pacific) on February 10, 2006.

  

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 IN WITNESS WHEREOF, the parties hereto have entered into this Agreement as of the date shown at the top
of this letter. 
  

			
	Sincerely,
	
	GEMSTAR-TV GUIDE INTERNATIONAL, INC.
		
	By:	 	/s/ Mike McKee
		 	Mike McKee
		 	Chief Operating Officer

 THE FOREGOING IS ACKNOWLEDGED, ACCEPTED AND AGREED TO: 
  

	
	/s/ Thomas Carson
	Thomas Carson

  

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 GENERAL TERMS AND CONDITIONS 
  

	I.	ARBITRATION. 

 Any Dispute between Employee and
Company shall be resolved exclusively and finally by arbitration administered by the National Arbitration Forum (NAF) and conducted under its rules, except as otherwise provided below. Employee and Company will agree on another arbitration forum if
NAF ceases operations. The term “Dispute”, for purposes of this provision, shall mean any dispute, controversy, or claim arising out of or relating to (i) this Agreement, its enforcement, interpretation, termination, applicability or
validity thereof, (ii) an alleged breach, default, or misrepresentation in connection with any of its provisions, or (iii) Employee’s employment, including, but not limited to, any state or federal statutory claims. The arbitration
shall be conducted before a single arbitrator and will be limited solely to the Dispute between Employee and the Company. The arbitration, or any portion of it, shall not be consolidated with any other arbitration and shall not be conducted on a
class-wide or class action basis. The arbitration shall be held in Boston, Massachusetts and shall be conducted in accordance with the NAF rules for the resolution of Employment Disputes as the exclusive forum for the resolution of such Dispute;
provided, however, that provisional injunctive relief may, but need not, be sought by either party to this Agreement in a court of law while arbitration proceedings are pending, and any provisional injunctive relief granted by such court shall
remain effective until the matter is finally determined by the arbitrator. This arbitration agreement shall be enforceable pursuant to the Federal Arbitration Act, 9 U.S.C. §§ 1-14 et seq., and final resolution of any dispute through
arbitration may include any remedy or relief that the Arbitrator deems just and equitable, including any and all remedies provided by applicable state or federal statutes. At the conclusion of the arbitration, the Arbitrator shall issue a written
decision that sets forth the essential findings and conclusions upon which the Arbitrator’s award or decision is based. Any award or relief granted by the Arbitrator hereunder shall be final and binding on the parties hereto and may be enforced
by any court of competent jurisdiction. Except as specifically provided for herein, should either party bring a Dispute in a forum other than the NAF, the arbitrator may award the other party its reasonable costs and expenses, including attorneys
fees, incurred in staying or dismissing such other proceedings or in otherwise enforcing compliance with this dispute resolution provision. The parties acknowledge, agree and understand that they are hereby unequivocally waiving any rights to
litigate disputes through a court, including the right to litigate claims on a class-wide or class action basis, and that they have expressly and knowingly waived those rights and agree to resolve any Disputes through binding arbitration in
accordance with the provisions of this paragraph. Employee and Company further agree that in any proceeding to enforce the terms of this Agreement, the prevailing party shall be entitled to its or his/her reasonable attorneys’ fees and costs
(including forum costs associated with the arbitration) incurred by it or him/her in connection with resolution of the dispute in addition to any other relief granted. Information may be obtained from the NAF on line at www.arb-forum.org, by calling
800-474-2371, or writing to P.O. Box 50191, Minneapolis, MN, 55405. 
  

	II.	NON-SOLICITATION/EMPLOYER INTERESTS. 

 Employee
promises and agrees that during Employee’s employment and for twelve (12) months following the termination of Employee’s employment, for any reason whatsoever, Employee will not (1) influence or attempt to influence customers of
the Company or any of its affiliates, either directly or indirectly, to divert their business to any individual, partnership, firm, corporation or other entity then in competition with the business of the Company, or any affiliate of the Company; or
(2) take any action which is intended, or would reasonably be expected to, adversely affect the Company and/or its affiliates, or adversely affect the businesses, reputation, or relationship the Company and/or its affiliates with its or their
customers, business partners, or vendors; provided, however, it shall not be a breach of this provision, after termination of this Agreement, to solicit future business from any person or entity with whom he had conducted business, on behalf of
himself or any other entity, prior to the Effective Date, provided that such solicitation is not otherwise in violation of this Section II. 
  

	III.	SOLICITING EMPLOYEES. 

 Employee promises and agrees
that during Employee’s employment and for twelve (12) months following the termination of Employee’s employment, for any reason whatsoever, Employee will not directly or indirectly solicit any employees of the Company or its
affiliates to work for any business, individual, partnership, firm, corporation, or other entity; provided, however, that this provision shall not prohibit Employee from employing personnel from the Company or its affiliates who respond (without
other solicitation of any kind whatsoever) to general solicitations of employment directed to the public at large. 
  

	IV.	CONFIDENTIAL INFORMATION. 

 A. Employee, in the
performance of Employee’s duties on behalf of the Company, shall have access to, receive and be entrusted with confidential information, including but in no way limited to development, marketing, organizational, financial, management,
administrative, production, distribution and sales information, data, specifications and processes presently owned or at any time in the future developed, by the Company or its affiliates, or its or their agents or consultants, or used presently or
at any time in the future in the course of its business that is not otherwise part of the public domain (collectively, the “Confidential Material”). All such Confidential Material is considered secret and will be available to Employee in
confidence. Except in the performance of duties on behalf of the Company, Employee shall not, directly or indirectly for any reason whatsoever, disclose or use any such Confidential Material, unless such Confidential Material ceases (through no
fault of Employee’s) to be confidential because it has become part of the public domain. All records, files, drawings, documents, equipment and other tangible items, wherever located, relating in any way to the Confidential Material or
otherwise to the Company’s business, which Employee prepares, uses or encounters, shall be and remain the Company’s sole and exclusive property and shall be included in the Confidential Material. Upon termination of this Agreement by any
means, or whenever requested by the Company, Employee shall promptly deliver to the Company any and all of the Confidential Material, not previously delivered to the Company, that may be or at any previous time has been in Employee’s possession
or under Employee’s control; provided, however, that Employee may retain in his possession any Confidential Material that reflects the terms of his employment with the Company or the terms or amount of his compensation and benefits. 

 B. Employee hereby acknowledges that the sale or unauthorized use or disclosure of any of the
Company’s Confidential Material by any means whatsoever and any time before, during or after Employee’s employment with the Company shall constitute unfair competition. Employee agrees that Employee shall not engage in unfair competition
either during the time employed by the Company or any time thereafter. 
 C. Until this Agreement ceases (through no fault of
Employee’s) to be confidential because it has become part of the public domain, Employee further agrees to keep the terms and contents of this Agreement completely confidential, except to consult with Employee’s legal, tax or other
financial advisors or immediate family members, or as otherwise required by law. 
  

	V.	ASSIGNMENT OF RIGHTS. 

 Employee hereby assigns to
the Company, to the extent not previously assigned to the Company and/or its affiliates, all of Employee’s rights, title and interest in and to any and all inventions (and all proprietary rights with respect thereto) whether or not patentable
or registrable under copyright or similar statutes, made or conceived or reduced to practice or learned by Employee, either alone or jointly with others, during the period of Employee’s employment with the Company or its affiliates. Employee
recognizes that this Agreement does not require assignment of any invention demonstrated by Employee to qualify fully for protection under Section 2870 of the California Labor Code, the text of which is substantially set forth below:

 2870. Employment agreements; assignment of rights 
 i Any provision in an employment agreement which provides that an employee shall assign, or offer to assign, any of his or her rights in an invention to his or her employer shall not apply to an invention that the
employee developed entirely on his or her own time without using the employer’s equipment, supplies, facilities, or trade secret information except for those inventions that either: 
 (a) relate at the time of conception or reduction to practice of the invention to the employer’s business, or actual or demonstrably anticipated
research or development of the employer; or 
 (b) result from any work performed by the employee for the employer. 
 ii To the extent a provision in an employment agreement purports to require an employee to assign an invention otherwise excluded from being required to
be assigned under subdivision (a), the provision is against the public policy of this state and is unenforceable. 
 Employee acknowledges that all original
works of authorship which have been and/or are made by Employee (solely or jointly with others) within the scope of Employee’s employment and which are protectable by copyright are “works made for hire,” as that term is defined in the
United States Copyright Act (17 U.S.C., Section 101). 
 From time to time, as and when requested by the Company and/or its affiliates, Employee will
execute and deliver, or cause to be executed and delivered, all such documents and instruments and shall take, or cause to be taken, all such further or other actions, as the Company and/or its affiliates may reasonably deem necessary or desirable
to effectuate or evidence the assignment(s) contemplated by this Section XI, including, without limitation, executing and delivering to the Company and/or its affiliates or its or their designee such further assignments and other instruments, in
each case as the Company or its affiliates may reasonably request for such purpose. 
  

	VI.	INJUNCTIVE, EQUITABLE AND OTHER RELIEF 

 Employee
acknowledges, understands and agrees that the services to be furnished by Employee during Employee’s employment and the rights and privileges granted by the Company to Employee are of a special, unique, unusual, extraordinary, and intellectual
character which gives them a peculiar value, the loss of which cannot be reasonably or adequately compensated in damages in any action at law, and a breach by Employee of any of the provisions contained herein will cause the Company irreparable
injury and damage. Employee expressly agrees that, notwithstanding any other provision contained herein, the Company shall be entitled to injunctive and other equitable relief to prevent a breach of this Agreement by Employee. Resort to such
equitable relief, however, shall not be construed as a waiver of any preceding or succeeding breach of the same or any other term or provision. The various rights and remedies of the Company hereunder shall be construed to be cumulative, and no one
of them shall be exclusive of any other or of any right or remedy allowed by law. 
  

	VII.	COOPERATION. 

 In consideration of the agreements
and consideration contained in this Agreement, Employee agrees that Employee shall cooperate fully with the Company and/or its affiliates, if so requested, with respect to any internal or external investigation or inquiry as well as any issues,
claims or litigation (whether or not currently pending) involving the Company and/or its affiliates or any of those entities’ employees, including providing information and assistance and being reasonably available for both pre-trial discovery
and trial proceedings at no out-of-pocket cost to Employee. Employee further agrees to participate in any such investigation, inquiry, proceedings or action and to provide truthful and accurate testimony, documents, records and any other information
requested at no out-of-pocket cost to Employee. In addition, Employee agrees to meet with attorneys or representatives of the Company, upon reasonable notice, in connection with any such investigation, inquiry, proceedings or action. 
  

	VIII.	MISCELLANEOUS. 

 A. WITHHOLDING.
Notwithstanding any other provision in this Agreement, all amounts payable under this Agreement shall be subject to and reduced by standard or other applicable withholding and other authorized deductions. 
 B. SUCCESSORS. 
 1.
This Agreement is personal to Employee and shall not, without the prior written consent of the Company, be assignable by Employee. 
  

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 2. This Agreement shall inure to the benefit of and be binding upon the Company and its
successors and assigns and any such successor or assignee shall be deemed substituted for the Company under the terms of this Agreement for all purposes. As used herein, “successor” and “assignee” shall include, and this
Agreement may be assignable without Employee’s prior written consent to, (i) any firm, corporation or other successor or surviving entity resulting from a merger, consolidation or other business combination involving the Company,
(ii) the transferee of all or substantially all of the assets of the Company or (iii) an affiliate of the Company, in each case whether the Agreement is assigned by the Company, by operation of law, or otherwise. 
 C. WAIVER. 
 No waiver of any breach
of any term or provision of this Agreement shall be construed to be, nor shall be, a waiver of any other breach of this Agreement. No waiver shall be binding unless in writing and signed by the party waiving the breach. 
 D. MODIFICATION. 
 This Agreement may
not be amended or modified other than by a written agreement executed by Employee and the Company’s Chief Executive Officer or other officer authorized by the Company’s governing body. 
 E. SAVINGS CLAUSE. 
 If any provision
of this Agreement or the application thereof is held invalid, the invalidity shall not affect other provisions or applications of the Agreement which can be given effect without the invalid provisions or applications and to this end the provisions
of this Agreement are declared to be severable. 
 F. COMPLETE AGREEMENT. 
 This Agreement constitutes and contains the entire agreement and final understanding concerning Employee’s employment with the Company and the other
subject matters addressed herein between the parties. It is intended by the parties as a complete and exclusive statement of the terms of their agreement. It supersedes and replaces all prior negotiations and all agreements proposed or otherwise,
whether written or oral, concerning the subject matter hereof. Any representation, promise or agreement not specifically included in this Agreement shall not be binding upon or enforceable against either party. This is a fully integrated agreement.

 G. GOVERNING LAW. 
 This Agreement shall be deemed to have been executed and delivered within the State of Massachusetts, and the rights and obligations of the parties hereunder shall be construed and enforced in accordance with, and governed by, the laws of
the State of Massachusetts without regard to principles of conflict of laws. 
 H. CONSTRUCTION. 
 Each party has cooperated in the drafting and preparation of this Agreement. Hence, in any construction to be made of this Agreement, the same shall not
be construed against any party on the basis that the party was the drafter. The captions of this Agreement are not part of the provisions hereof and shall have no force or effect. 
 I. COMMUNICATIONS. 
 All notices, requests, demands or other communications required or permitted hereunder shall be in
writing and shall be addressed, if to the Company, to c/o Gemstar-TV Guide International, Inc., 6922 Hollywood Blvd., 12th Floor, Los
Angeles, CA 90028-6117, attention: Chief Executive Officer, with a copy to the Company’s General Counsel at the same address, and, if to Employee, to the address stated in the first paragraph of this Agreement. Notices given under this
Agreement shall be given personally, by nationally recognized overnight express service, or by certified or registered mail, postage prepaid, return receipt requested. Notice shall be deemed to have been given and effective: (i) on the day it
is delivered personally; (ii) on the day it is delivered if given by nationally recognized overnight express service; or (iii) three (3) days after the postmark date if mailed by certified or registered mail, postage prepaid, return
receipt requested. Either party may change the address at which notice shall be given by written notice given in the above manner. 
 J.
NAME, BIOGRAPHY, LIKENESS, PUBLICITY RELEASES. 
 The Company and affiliates shall have the right to use Employee’s name,
biography and likeness in connection with its business, including in advertising its products and services, and may grant this right to others, but not for use as a direct endorsement. Nothing contained herein shall prohibit the Company from making
any public disclosures required by applicable laws or the listing requirements of any exchange on which the Company’s securities are listed. 
 K. SURVIVAL. 
 Sections 10, 11, 13 and 14 of the letter agreement to which these General Terms and Conditions are to be
attached and Sections I through VIII of these General Terms and Conditions shall survive the expiration or earlier termination of this Agreement. 
 L. EXECUTION. 
 This Agreement is being executed in two or more counterparts, each of which shall be deemed an original, but
all of which together shall constitute one and the same instrument. Photographic copies of such signed counterparts may be used in lieu of the originals for any purpose. 
  

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 First Amendment to Employment Agreement 
 This First Amendment to Employment Agreement (this “Amendment”) is made and
entered into as of the 12th day of October, 2006, by and between Gemstar-TV Guide International, Inc., a Delaware corporation (the
“Company”), and Thomas Carson, an individual (“Carson”), with reference to the following facts: 
 A. The
Company and Carson are parties to that certain letter agreement dated as of January 27, 2006 (the “Employment Agreement”), relating to the employment of Carson by the Company. 
 B. The Company and Carson desire to amend the Employment Agreement as set forth herein. 
 NOW, THEREFORE, in consideration of the foregoing and other good and valuable consideration, the receipt and sufficiency of which the parties hereby
acknowledge, the parties hereby agree as follows: 
 1. All capitalized terms used herein without definition shall have the meanings ascribed
to such terms in the Employment Agreement. 
 2. The first sentence of Paragraph 1 of the Employment Agreement is hereby removed and replaced
with the following: 
 “The Company hereby employs you and you hereby accept such employment, upon the terms and conditions hereinafter
set forth, for a term commencing on April 3, 2006 (the “Effective Date”) and continuing through March 15, 2010, unless earlier terminated as provided herein (the “Term”).” 
 3. The words “President of TV Guide On Screen, Inc.” in the first sentence of Paragraph 2 are hereby removed and replaced with the words
“President – Interactive Program Guides”. 
 4. Paragraph 3 of the Employment Agreement is hereby removed in its entirety and
replaced with the following: 
 “3. During the Term, you shall receive on regular pay dates as then in effect under applicable Company
policy a base salary (the “Base Salary”) at an annualized rate of (i) $370,000 from the Effective Date through October 11, 2006, (ii) $414,000 from October 12, 2006 through December 31, 2006 (the
“Year 2006 Salary”); (iii) the Year 2006 Salary, adjusted for the percentage increase, if any, in the Consumer Price Index – Urban Wage Earners and Clerical Workers (Philadelphia Metropolitan Area – All Items Less
Food and Energy) (or any successor Consumer Price Index, including any index resulting from changes made to the Consumer Price Index), based on data published by the Bureau of Labor Statistics (1982-84 = 100) of the United States Department of Labor
for the preceding calendar year cost of living (such increase, the “CPI Increase” and such resultant salary, the “Year 2007 Salary”), from January 1, 2007 through December 31, 2007; (iv) the Year 2007
Salary, adjusted for the CPI Increase (the “Year 2008 Salary”), from January 1, 2008 through December 31, 2008; (v) the Year 2008 Salary, adjusted for the CPI Increase (the “Year 2009 Salary”), from
January 1, 2009 through December 31, 2009; and (vi) the Year 2009 Salary, adjusted for the CPI Increase, from January 1, 2010 through March 15, 2010. Any adjustments to your compensation, including but not limited to your
Base Salary, following the Term of this Agreement shall be made at the Company’s sole discretion.” 
 5. Paragraph 6 of the
Employment Agreement is hereby removed in its entirety and replaced with the following: 
 “6. Subject to the provisions of Paragraph
12(b), during the Term, your principal place of employment shall be at the principal offices of the Company in Radnor, Pennsylvania, or such other greater Philadelphia, Pennsylvania metropolitan area location as determined by the Company, subject to
such travel as the rendering of your services may require. Not withstanding the foregoing if the Company requires Carson to relocate Carson’s principle office to the greater Bedford - Boston, Massachusetts area such shall be considered Good
Reason for termination by Carson.” 

 6. All references to “Boston, Massachusetts” in Paragraph I of the General Terms and Conditions
of the Agreement and in Paragraph 17 of Exhibit 2 to the Agreement are hereby removed and replaced with “Philadelphia, Pennsylvania”, and all references to “Massachusetts” in Paragraph VIII.G of the General Terms and Conditions
of the Agreement and in Paragraph 18 of Exhibit 2 to the Agreement are hereby removed and replaced with “Pennsylvania”. 
 7.
Except as specifically amended by this Amendment, the Employment Agreement remains in full force and effect in accordance with its terms. 
 8. This Amendment shall be governed by and construed in accordance with the internal laws of the Commonwealth of Pennsylvania, without regard to principles of conflict of laws. This Amendment may be executed via facsimile or other
electronic means and may be delivered in two or more counterparts, each of which shall be considered an original and all of which, when taken together, shall constitute on and the same instrument. 
 IN WITNESS WHEREOF, intending to be legally bound, the parties have executed this Amendment as of the date first set forth above. 
  

			
	GEMSTAR-TV GUIDE INTERNATIONAL, INC.
		
	By:	 	/s/ Dustin Finer
	Name: Dustin Finer
	Title: Human Resources
		
	By:	 	/s/ Thomas Carson
	Thomas CarsonCharter of the Audit Committee of the Board of Directors

 Exhibit 10.20 
  

			
	MACROVISION SOLUTIONS CORPORATION	  	AUDIT COMMITTEE CHARTER            

  
 MACROVISION SOLUTIONS CORPORATION 
 AUDIT COMMITTEE CHARTER 
 This charter of the Audit Committee (the “Committee”) was adopted by the Board of Directors (the “Board”) of Macrovision Solutions Corporation
(“Macrovision” or the “Company”) on February 5, 2009. 
 I. AUDIT COMMITTEE PURPOSE 
 The purpose of the Committee is to assist the Board in fulfilling its oversight responsibilities for the integrity of the Company’s financial statements, the
Company’s compliance with legal and regulatory requirements, the external auditors’ qualifications and independence, and the performance of the Company’s internal audit function and external auditors. The Committee’s function is
one of oversight and review, and it is not expected to audit the Company’s financial statements, to define the scope of the audit, to control the Company’s accounting practices, or to define the standards to be used in preparation of the
Company’s financial statements. 
 The Board has appointed the Committee to provide independent and objective oversight of the accounting and financial
reporting processes and the system of internal controls of Macrovision, its subsidiaries and affiliates. 
 The Committee and the Board recognize that
management (including the Company’s internal audit staff) and the external auditors have more resources and time and more detailed knowledge and information regarding the Company’s accounting, financial and auditing processes and practices
than do Committee members. Accordingly the Committee, in its oversight role, does not provide any special assurance as to the Company’s financial statements or any certification as to the work of the external auditors. 
 II. AUTHORITY 
 The Committee has the authority to conduct any
investigation appropriate to fulfilling its responsibilities including the ability to retain, at the Company’s expense, special legal, accounting or other consultants or experts it deems necessary in the performance of its duties. It is
empowered to: 
  

	 	•	 	 Appoint, compensate, retain, determine funding for (and be provided funding for) and monitor the continuing independence and performance of the public accounting
firm employed by the Company to conduct the annual audit. This external audit firm will report directly to the Committee; 

  

	 	•	 	 Resolve any disagreements between management and the auditor regarding financial reporting; 

  

	 	•	 	 Pre-approve all audit and permitted non-audit services performed by the Company’s external audit firm; 

			
	MACROVISION SOLUTIONS CORPORATION	  	AUDIT COMMITTEE CHARTER            

  
  

	 	•	 	 Retain and determine funding for (and be provided funding for) independent counsel, accountants, or others to advise the Committee or assist in the conduct of an
investigation; 

  

	 	•	 	 Seek any information it requires from employees – all of whom are directed to cooperate with the Committee’s requests – or external parties; and

  

	 	•	 	 Meet with the Company’s officers, accounting staff, internal and external auditors, and outside counsel, as necessary. 

 The Committee may delegate authority to subcommittees, including the authority to pre-approve all audit and permitted non-audit services if so specified in pre-approval
policies and procedures adopted by the Committee, provided that such decisions are presented to the full Committee at its next scheduled meeting. 
 III.
MEMBERSHIP 
 The Committee will consist of at least three members of the Board, with the exact number to be determined by the Board. All members
of the Committee must qualify as independent directors (“Independent Directors”) as defined under the rules of the Nasdaq Stock Market (or its successor) (“Nasdaq”). Members of the Committee must also meet the independence
standards for Audit Committee members under applicable rules of the Securities and Exchange Commission (“SEC”). No member of the Committee shall be employed by or otherwise affiliated with the Company’s external auditors. No member of
the Committee shall have participated in the preparation of the financial statements of the Company or any of its current subsidiaries at any time during the past three years. 
 All members of the Committee will be appointed by, and will serve at the discretion of, the Board. Each member shall be elected annually to a one-year term by majority vote of the Board at the first meeting of the
Board held following the annual meeting of the Company’s stockholders. Vacancies on the Committee will be filled by majority vote of the Board at the next meeting of the Board following the occurrence of the vacancy, and additional members may
be appointed by the Board from time to time. No member of the Committee shall be removed except by majority vote of the Independent Directors then in office. The Board may elect a member of the Committee to serve as the Chair of the Committee. If
the Board does not elect a Chair, the members of the Committee may designate a Chair by majority vote of the Committee members. 
 All members of the
Committee shall have a basic understanding of finance and accounting and be able to read and understand fundamental financial statements. At least one member of the Committee shall meet the “audit committee financial expert” requirements
as defined by the SEC and at least one member of the Committee shall have accounting related financial management expertise or other comparable experience or background, including being or having been a chief executive officer, chief financial
officer or other senior officer with financial oversight responsibilities, sufficient to provide the individual with “financial sophistication” as defined by Nasdaq. 

			
	MACROVISION SOLUTIONS CORPORATION	  	AUDIT COMMITTEE CHARTER            

  
 IV.
MEETINGS AND MINUTES 
 The Committee members will meet at least four times annually (at least once per quarter), or more frequently as
circumstances dictate. The Committee is governed by the same rules regarding meetings (including meetings by conference telephone or similar communications equipment), actions without meetings, notice, waiver of notice, and quorum and voting
requirements as are applicable to the Board. The Committee will maintain written minutes of its meetings and written actions without meetings, which minutes and actions will be filed with the minutes of the meetings of the Board. The Committee will
meet privately in executive session at least annually with management, the external auditors, and as a Committee to discuss any matter that the Committee or any of these groups believe should be discussed. The Chair or, in his or her absence, a
member designated by the Chair (or, if no such designation has occurred, another member decided on by the remainder of the Committee) shall preside at each Committee meeting. 
 V. RESPONSIBILITIES AND DUTIES 
 The following shall be the principal recurring processes of the Committee in
carrying out its oversight responsibilities. These processes are set forth as a guide with the understanding that the Committee may supplement them as appropriate and may establish policies and procedures from time to time that it deems necessary or
advisable in fulfilling its responsibilities. 
 1. Financial Statements and Other Disclosure Documents. Review with management and the
external auditors the Company’s financial disclosure documents prior to filing with the SEC or other distribution, including all financial statements and reports filed with the SEC or sent to stockholders, and the results of the external
auditors’ audit of the financial statements. In connection with this review, the Committee will also review and discuss with the external auditors and management the Company’s disclosures under “Management’s Discussion and
Analysis of Financial Condition and Results of Operations” in Forms 10-K and 10-Q. Following the satisfactory completion of each year-end review, the Committee shall recommend to the Board whether or not the audited financial statements should
be included in Macrovision’s filing on Form 10-K. Specific responsibilities are listed below. 
  

	 	•	 	 Review significant accounting and reporting developments and understand their impact on the financial statements and other disclosure documents including: 1)
complex or unusual transactions and highly judgmental areas; 2) major issues regarding accounting principles and financial statement presentation matters including significant changes in the Company’s methods of accounting or selection or
application of accounting principles; and, 3) the effect of regulatory and accounting initiatives, as well as off-balance sheet structures, on the Company’s financial statements. 

  

	 	•	 	 Review analyses prepared by management and/or the external auditors setting forth significant financial reporting issues and judgments made in connection with the
preparation of the financial statements, including analyses of effects of alternative GAAP methods on the financial statements. 

  

	 	•	 	 Review with management and the external auditors the results of the audit, including any difficulties encountered. This review will include any restrictions on the
scope of the external auditors’ activities or on access to requested information, and any significant disagreements with management. 

			
	MACROVISION SOLUTIONS CORPORATION	  	AUDIT COMMITTEE CHARTER            

  
  

	 	•	 	 Review the annual audited and quarterly financial statements with management and the external auditors. 

  

	 	•	 	 Review disclosures made by the CEO and CFO during the Forms 10-K and 10-Q certification process about significant deficiencies in the design or operation of the
system of internal controls or any fraud that involves management or other employees who have a significant role in the Company’s system of internal controls. 

  

	 	•	 	 Discuss earnings press releases (particularly use of non-GAAP information) as well as financial information and earnings guidance provided to analysts and rating
agencies. This review may be general (i.e., the types of information to be disclosed and the type of presentations to be made). The Committee does not need to discuss each release in advance. 

 2. Internal Control Systems. In consultation with management, and the external auditors, the Committee shall consider the effectiveness and integrity of
the Company’s financial reporting process and internal controls, including information technology security and control, to ensure reliability of the financial reporting and compliance with applicable codes of conduct, laws and regulations.

 The Committee shall consider the scope of internal and external auditors’ review of internal controls over financial reporting, and obtain reports on
significant findings and recommendations, together with management’s responses. 
 3. Internal Audit. The Committee shall review the
performance, and determine the scope, roles and responsibilities, of the Company’s internal audit function, including: 
  

	 	•	 	 Assessment of resource requirements (internal, external and/or combined). 

  

	 	•	 	 Review with management and the director of internal audit (chief audit executive) any Internal Audit Charter, audit plans, activities, staffing and organizational
structure of the internal audit function. 

  

	 	•	 	 Ensure there are no unjustified restrictions or limitations, and review and concur in the appointment, replacement, or dismissal of the chief audit executive.

  

	 	•	 	 Review any significant reports to management prepared by the internal audit department. 

  

	 	•	 	 Review the effectiveness of the internal audit function annually as part of the year-end external audit and reporting process, including compliance with The
Institute of Internal Auditors’ Standards for the Professional Practice of Internal Auditing. 

  

	 	•	 	 On a regular basis, meet separately with the chief internal audit executive to discuss any matters that the Committee or internal audit believes should be discussed
privately. 

			
	MACROVISION SOLUTIONS CORPORATION	  	AUDIT COMMITTEE CHARTER            

  
 4.
External Audit. The Committee’s responsibilities regarding the Company’s external auditors shall include: 
  

	 	•	 	 Review and revise as necessary, the Company’s Audit and Non-Audit Services Pre-Approval Policies and Procedures, attached hereto as Exhibit A.

  

	 	•	 	 Review and approve the external auditors’ proposed plan of audit, including scope, staffing and approach, and coordination as appropriate with the internal
audit function. Approve audit and other fees to be paid to the external auditors. 

  

	 	•	 	 Review and evaluate the qualifications, performance and continuing independence of the external auditors and exercise ultimate authority and responsibility for
appointing, setting the compensation for, and discharging of the external auditors. In performing this review and evaluation, the Committee will: 

  

	 	1)	At least annually, obtain and review a formal written report by the external auditors describing (a) the firm’s internal quality-control procedures, (b) any material
issues raised by the most recent internal quality-control review, or peer review, of the firm, or by any inquiry or investigation by governmental or professional authorities, within the preceding five years, respecting one or more independent audits
carried out by the firm, and any steps taken to deal with any such issues, and (c) all relationships between the auditor and the Company consistent with Independence Standards Board Standard 1 (to assess the auditor’s independence).

  

	 	2)	Discuss with the external auditors any disclosed relationships or services that may impact the objectivity or independence of the external auditors and take appropriate steps to
satisfy itself of the external auditors’ independence. 

  

	 	3)	Take into account the opinions of management and internal audit of the Company. 

  

	 	4)	Review and evaluate the lead partner of the external auditors. 

  

	 	5)	Present the Committee’s conclusions with respect to the external auditors to the full Board. 

  

	 	•	 	 Ensure the rotation of the lead audit partner every five years and other audit partners every seven years, and consider whether there should be regular rotation of
the audit firm itself. Present conclusions to the full Board. 

  

	 	•	 	 Set a clear hiring policy for employees or former employees of the external auditors. That policy currently is as follows: The Company shall not hire as the
Company’s chief executive officer, chief financial officer, controller or chief audit executive, or in any other equivalent position within the Company, any former employees of the external auditors from any office providing assurance services
to the Company until 12 months have elapsed after cessation of employment with the external auditors. 

			
	MACROVISION SOLUTIONS CORPORATION	  	AUDIT COMMITTEE CHARTER            

  
  

	 	•	 	 Review written communications between management and the external auditor relating to disagreements on accounting treatment of material items and other material
matters relating to the audit. 

  

	 	•	 	 On a regular basis, meet with the external auditors to discuss any matters the Committee or external auditors believe should be discussed, either with management
present or privately, including matters required to be communicated to audit committees in accordance with AICPA SAS 61, as may be modified or supplemented. 

  

	 	•	 	 Discuss with the external auditors the quality of the Company’s accounting principles as applied in its financial reporting, the clarity of the Company’s
financial disclosures and degree of aggressiveness or conservatism of the Company’s accounting principles and underlying estimates, and other significant decisions made by management in preparing the financial disclosures.

 5. Compliance. The Committee’s responsibilities regarding the Company’s compliance obligations shall include:

  

	 	•	 	 Review the effectiveness of the system for monitoring compliance with laws and regulations and the results of management’s investigation and follow-up
(including disciplinary action) of any instances of noncompliance. 

  

	 	•	 	 Establish and monitor procedures for: 1) the receipt, retention and treatment of complaints received by the Company regarding accounting, internal accounting
controls or auditing matters, and 2) the confidential, anonymous submission by employees of the Company regarding questionable accounting and auditing matters. 

  

	 	•	 	 Review the findings of any examinations by regulatory agencies and any auditor observations. 

  

	 	•	 	 Review and discuss any certifications provided by officers of the Company pursuant to SEC or Nasdaq rules or other legal requirements. 

 

	 	•	 	 Review the processes for communicating the code of conduct and ethics to Company personnel and for monitoring compliance with the policy.

  

	 	•	 	 Obtain regular updates from management and Company legal counsel regarding legal and compliance matters that could have a significant impact on the financial
statements. On at least an annual basis, review with the Company’s legal counsel, any such matters and any inquiries received from the regulators or governmental agencies. 

 6. Reporting Responsibilities. The Committee’s reporting responsibilities shall include: 
  

	 	•	 	 Regularly report to the Board about Committee activities and issues that arise with respect to the quality or integrity of the Company’s financial statements,
the Company’s compliance with legal or regulatory requirements, the performance and independence of the Company’s external auditors and the performance of the internal audit function. 

			
	MACROVISION SOLUTIONS CORPORATION	  	AUDIT COMMITTEE CHARTER            

  
  

	 	•	 	 Provide an open avenue of communication among internal audit, management, the external auditors and the Board. 

  

	 	•	 	 Annually prepare a report to stockholders as required by the SEC. The report should be included in the Company’s annual proxy statement and should include a
description of the Committee’s composition, responsibilities and how they were discharged, and any other information required by rule. 

  

	 	•	 	 Review any other reports the Company issues that relate to the Committee’s responsibilities. 

 7. Other Responsibilities. Other responsibilities of the Committee include 
  

	 	•	 	 Adequacy of Personnel. Periodically review the adequacy of the Company’s accounting, financial and auditing personnel resources.

  

	 	•	 	 Risk Management. Review and evaluate risk assessment and risk management policies in light of business strategy, capital strength, and overall risk
tolerance. On a periodic basis, the Committee also shall evaluate the Company’s investments and derivatives risk management policies, including the internal system to review operational risks, procedures for derivatives investment and trading,
and safeguards to ensure compliance with procedures. 

  

	 	•	 	 Related Party transactions. Approve all material related party transactions entered into by the Company. 

  

	 	•	 	 Tax Policies. Periodically review the Company’s tax policies and pending audits or assessments. 

  

	 	•	 	 Charter. Periodically review and assess the adequacy of this Charter, submit any proposed amendments thereto to the Board for approval, and make the Charter
publicly available in accordance with applicable SEC rules. 

  

	 	•	 	 Institute and oversee special investigations as needed and, where appropriate, engage outside advisors to assist. 

  

	 	•	 	 Review the performance of the Committee through self-assessment and assessment by the Board. 

  

	 	•	 	 Perform any other activities required by applicable law, rules or regulations, including the rules of the SEC and Nasdaq, and perform other activities that are
consistent with this charter, the Company’s bylaws and governing laws, as the Committee or the Board deems necessary or appropriate. 

 EXHIBIT A 
 MACROVISION SOLUTIONS CORPORATION 
 AUDIT AND NON-AUDIT SERVICES 
 PRE-APPROVAL POLICIES AND PROCEDURES 
 As approved by the Audit Committee on February 5, 2009 
 The Audit Committee has the authority to retain an independent
auditor or independent registered public accounting firm, negotiate accounting fees and contract with the accounting firm or the accountant. The policies and procedures with respect to engaging an independent auditor or independent registered public
accounting firm to render audit or non-audit services for Macrovision Solutions Corporation (the “Company”) are as follows, subject to amendment from time to time by the Audit Committee: 
  

	I.	PRE-APPROVAL OF AUDIT AND NON-AUDIT SERVICES 

 A.
Audit Services & Non-Audit Services by the Company’s Independent Registered Public Accounting Firm 
 All audit services
performed by the Company’s independent registered public accounting firm must be approved by the Audit Committee. 
 B. Non-Audit
Services 
 All non-audit services performed by the Company’s independent registered public accounting firm must be approved by the
Audit Committee. 
  

	II.	NON-AUDIT SERVICES CONSIDERATIONS WHEN PROPOSED TO BE PERFORMED BY THE COMPANY’S OUTSIDE AUDITOR 

 A. General Policy 
 In determining
whether to approve non-audit services to be performed by the independent registered public accounting firm that performs the audit of the Company’s financial statement, the overall policy to be considered is to maintain the outside
auditor’s independence, which independence will be compromised if any non-audit service infringes on the following three basic principles: (1) an outside auditor cannot function in the role of management, (2) an outside auditor cannot
audit his or her own work, (3) an outside auditor cannot serve in an advocacy role for the Company. 

 B. Permitted Services 
 The following specific services may be provided by the Company’s outside auditor, subject to the pre-approval process contained herein: 

 

	 	(1)	Tax Services. Company compliance and assistance with tax-related due diligence is allowed. Representing the Company before a tax court, however, may impair the outside
auditor’s independence and so is subject to pre-approval by the entire Audit Committee. In addition, the entire Audit Committee must also pre-approve any transaction identified or recommended by the outside auditor, the sole business purpose of
which may be tax avoidance and the tax treatment of which may not be supported in the Internal Revenue Code and related regulations. 

  

	 	(2)	Expert Services Related to the Audit. The outside auditor may be engaged to assist the Audit Committee to fulfill its responsibilities to conduct its own investigation of a
potential accounting impropriety. The outside auditor may also perform internal investigations or fact-finding engagements including forensic or other fact-finding work that results in the issuance of a report to the Company. Performing such
procedures is consistent with the role of the outside auditor and can improve audit quality. In addition, in any litigation or regulatory or administrative proceeding or investigation, the outside auditor may provide factual accounts, including
testimony, of work performed or explaining the positions taken or conclusions reached during the performance of any service provided by the outside auditor for the Company. 

  

	 	(3)	Acquisition Due Diligence. The outside auditor may be engaged to assist the Company in gathering and reviewing documents and financial information relating to entities and
assets that the Company is considering for acquisition or investment. The outside auditor’s services may include forensic or other fact-finding work and may result in the issuance of a report to the Company. However, the outside auditor should
not be engaged to provide any opinion on valuation of the acquisition or fairness of the transaction or any other expert opinion relating to the transaction. 

  

	 	(4)	Services Not Prohibited. Any services not expressly prohibited below may be provided by the Company’s outside auditor if the Audit Committee determines that such
services will not conflict with any of the three basic principles of independence referenced above. 

 C. Prohibited
Services 
 Unless otherwise provided herein, the accounting firm that performs an audit of the Company’s financial statements may
not be approved to provide any of the following services: 
  

	 	(1)	Bookkeeping. Bookkeeping or other services related to the accounting records or financial statements of the Company, including maintaining or preparing the Company’s
records, or preparing or originating source data underlying the Company’s financial statements. Notwithstanding the foregoing, the accounting firm that performs an audit of the Company’s financial statements may provide the services
described in this paragraph (1) if the Audit Committee believes it is reasonable to conclude that the results of the services will NOT be subject to audit procedures during an audit of the Company’s financial statements.

  

	 	(2)	 Financial Information Systems Design and Implementation. Financial information systems design and implementation, including directly or indirectly operating
or supervising the operation of, the Company’s information system or 

	 	 
managing the Company’s local area network, or designing or implementing a hardware or software system that aggregates source data underlying the
financial statements or generates information that is significant to the Company’s financial statements or other financial information systems taken as a whole. Notwithstanding the foregoing, the accounting firm that performs an audit of the
Company’s financial statements may provide the services described in this paragraph (2) if the Audit Committee believes it is reasonable to conclude that the results of the services will NOT be subject to audit procedures during an audit
of the Company’s financial statements. 

 Examples of items that are not considered “prohibited services”
under this paragraph (2) include working on hardware or software systems’ unrelated to the Company’s financial statements or accounting records. Additionally, the outside auditor may evaluate the internal controls of a system as it is
being designed, implemented or operated either as part of an audit or attest service and making recommendations to management. Likewise, the outside auditor may make recommendations on internal control matters to management or other service provides
in conjunction with the design and installation of a system by another service provider. 
  

	 	(3)	Appraisal or Valuation Services, Fairness Opinions, or Contribution-in-Kind Reports. Any appraisal service, valuation service or any service involving a fairness opinion or
contribution-in-kind report for the Company. Notwithstanding the foregoing, the accounting firm that performs an audit of the Company’s financial statements may provide the services described in this paragraph (3) if the Audit Committee
believes it is reasonable to conclude that the results of the services will NOT be subject to audit procedures during an audit of the Company’s financial statements. 

 Examples of items that are not considered “prohibited services” under this paragraph (3) include providing these services for non-financial
reporting purposes (e.g., transfer pricing studies, cost segregations studies and other tax-only valuations). In addition, the outside auditor may utilize its own valuation specialist to review the work performed by the Company or a specialist
employed by the Company, provided the Company or the specialist employed by the Company provides the technical expertise that the Company uses in determining the amounts recorded in the financial statements. 
  

	 	(4)	Actuarial Services. Actuarial services, including any actuarially-oriented advisory service involving the determination of amounts recorded in the financial statements and
related accounts for the Company, other than assisting the Company in understanding the methods, model, assumptions, and inputs used in computing an amount. Notwithstanding the foregoing, the accounting firm that performs an audit of the
Company’s financial statements may provide the services described in this paragraph (4) if the Audit Committee believes it is reasonable to conclude that the results of the services will NOT be subject to audit procedures during an audit
of the Company’s financial statements. 

	 	  	Examples of items that are not considered “prohibited services” under this paragraph (4) include advising on the appropriate actuarial methods and assumptions to be
used. (It is not, however, appropriate for the outside auditor to provide the actuarial valuations). The outside auditor may also utilize its own actuaries to assist in conducting the audit so long as the Company uses its own actuaries or
third-party actuaries to provide management with actuarial capabilities. 

  

	 	(5)	Internal Audit Outsourcing Services. Internal audit outsourcing services, including any internal audit service that has been outsourced by the Company that relates to the
Company’s internal accounting controls, financial systems or financial statements for the Company. Notwithstanding the foregoing, the accounting firm that performs an audit of the Company’s financial statements may provide the services
described in this paragraph (5) if the Audit Committee believes it is reasonable to conclude that the results of the services will NOT be subject to audit procedures during an audit of the Company’s financial statements.

  

	 	  	Examples of items that are not considered “prohibited services” under this paragraph include (5) include the outside auditor providing attest services to the Company
related to internal controls, and making recommendations or improvements in connection with the outside audit. These do not constitute an internal audit outsourcing engagement. 

  

	 	(6)	Management Functions. Management functions, including acting, temporarily or permanently, as a director, officer, or employee of the Company or performing any
decision-making, supervisory or ongoing monitoring function for the Company. 

  

	 	(7)	Human Resources. Human resource services, including searching for or seeking out prospective candidates for managerial, executive, or director positions, engaging in
psychological testing or other formal testing or evaluation programs, undertaking reference checks of prospective candidates for an executive or director position, acting as a negotiator on the Company’s behalf, such as determining position,
status or title, compensation, fringe benefits, or other conditions of employment, or recommending or advising the Company to hire, a specific candidate for a specific job. 

  

	 	  	Examples of items that are not considered “prohibited services” under this paragraph (7) include interviewing job candidates and advising the Company on the
candidates’ competence for financial accounting, administrative or control positions. 

  

	 	(8)	Broker or Dealer. Broker or dealer, investment adviser, or investment banking services, including acting as a broker-dealer (registered or unregistered), promoter or
underwriter, on behalf of the Company, making investment decisions on behalf of the Company or otherwise having discretionary authority over the Company’s investments, executing a transaction to buy or sell an investment of the Company, or
having custody of assets of the Company, such as taking temporary possession of securities purchased by the Company. 

  

	 	(9)	Legal Services. Legal services, including providing any service to the Company that, under circumstances in which the service is provided, could be provided only by someone
licensed, admitted or otherwise qualified to practice law in the jurisdiction in which the service is provided. 

	 	(10)	Expert Services Unrelated to the Audit. Expert services unrelated to the audit, including providing an expert opinion or other expert service for the Company or the
Company’s legal representative for the purpose of advocating the Company’s interests in litigation or in a regulatory or administrative proceeding or investigation. 

  

	III.	CORRECTIVE POST-APPROVAL OF DE MINIMIS ITEMS 

 The
Audit Committee must pre-approve all audit, review or attest services and, except as provided below, all non-audit services. However, for de minimis non-audit services, the Audit Committee may approve such services after the fact if the following
conditions are met: 
  

	 	•	 	 The aggregate amount of all such services provided constitutes no more than 5% of the total amount of revenues paid by the Company to its accountant during the
fiscal year in which the services are provided; 

  

	 	•	 	 Such services were not recognized by the Company at the time of engagement as being non-audit services; and 

  

	 	•	 	 Such services are promptly brought to the attention of the Audit Committee and approved by the Audit Committee prior to the completion of the audit.

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