Document:

EX-10.13

 Exhibit 10.13 
  

 
  
  

Tencent Advertising Placement Contract for 2017 
  

			
	 Party A: OptAim (Beijing) Information

Technology Co., Ltd.
	  	Party B: Beijing Tencent Culture Media Co., Ltd.
		
	Contact person: Jin Meng	  	Contact person: Zhang Xiaoqi
		
	Tel: ***	  	Tel: ***
		
	Email: ***	  	Email: ***
		
	Address: Room 9A, Unit 2, Building 3, No. A48, Zhichun Road, Haidian District, Beijing	  	Address: Tencent Building, Central First Road, High-tech Park, Nanshan District, Shenzhen
		
	Account-opening bank: ***	  	Account-opening bank: ***
		
	Bank account: ***	  	Bank account: ***

 Party A is an entity duly registered and legally operated, who desires to be admitted as a service provider of Tencent social
advertising platform operated by Party B according to law, and promote Tencent Social Advertising Services to the advertisers introduced by Party A. Party B agrees to accept Party A’s application. Both parties enter into the following agreement
upon negotiation. 
  

	1.	Definitions 

 Unless this agreement expressly provides otherwise, the terms and phrases
below shall have the following meanings: 
  

	 	1.1	“Tencent Social Advertising Platforms” means the performance advertising platforms developed independently and operated by Party B or Party B’s affiliates (including the Guangdiantong System, and
the advertising service system of WeChat public platform, collectively as “Tencent Platforms”) which may provide such Tencent Social Advertising Services as purchase of traffic, marketing and promotion, cost statistics, data query,
and materials management. The client may display its advertising materials on various media according to the rules of Tencent Platforms through the Guangdiantong System, Tencent Alliance Advertising, WeChat Moments Advertising, WeChat Official
Accounts and other channels. The services provided by Party B through Tencent Platforms are collectively referred to as “Tencent Social Advertising Services”. 

 

	 	1.2	“Service Providers” means the legal persons or other economic organizations who, upon examination and approval by Party B, have the right to promote Tencent Social Advertising Services to Advertisers.
The service providers shall register accounts (the “Service Provider’s Accounts”) at Tencent Platforms corresponding to the specific type of Tencent Social Advertising Services selected by them. 

  
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	 	1.3	“Advertisers” means the entities who advertise and promote products or services to users through Tencent Social Advertising Platforms. 

 

	 	1.4	“Service Provider’s Advertisers” means the Advertises introduced by the Service Providers who need to use the Tencent Social Advertising Services. 

 

	 	1.5	“Traffic Providers” means the operators of the websites, games, applications, software and other media (such as QQ, WeChat and other third party applications) providing relevant pages and spaces for
displaying advertising materials and relevant advertising service providers (such as the operators of advertisement trading platforms), including but not limited to Party B’s affiliates and partners. 

 

	 	1.6	“Media” means the websites, games and applications etc. which are operated by the Traffic Providers and provide display pages and spaces for advertising materials, including but not limited to QQ.com,
QQ, QQ zone, WeChat and other products operated by Party B or Party B’s affiliates, as well as other websites, games, applications and other products operated by Party B’s partners. 

 

	 	1.7	“Advertising Materials” means the information and content designed or produced by or on behalf of the Service Provider’s Advertisers to display any self-owned brands or any products or services
they produce or sell, including but not limited to graphics, texts, videos, flashes etc. Advertising Materials include landing pages. 

  

	 	1.8	“Showing Pages” means the carrier directed to by the Advertising Materials, i.e., the pages jumped or redirected to after the user clicks any Advertising Materials. 

 

	 	1.9	“Promoted Objects” means the products or services etc. directly or indirectly promoted by the Advertising Materials, including but not limited to the QQ account number., QQ group, WeChat Official
Account, website and material object, and the QQ account number., QQ group, WeChat Official Account, website and material object redirected to by the Landing Pages. 

 

	 	1.10	“Advertising Expenses” means the expenses incurred from the use of Tencent Social Advertising Services, the settlement of which may be carried out by (but not limited to) CPC and CPM, subject to the
Rules of Tencent Platforms. 

  

	 	1.11	“Rules of Tencent Platforms” means relevant rules to be complied with by Party A and Service Provider’s Advertisers, including but not limited to the rules relating to admission, advertising
examination, violations and penalties, management on procedural transaction, policies on return of goods / rebate, and management of Service Providers, and relevant agreements, rules and norms which may be published in future and are relating to
Tencent social advertising. Relevant rules may be embodied in website announcements, written documents, notices, FAQ or other forms, with which Party A and the Service Provider’s Advertisers must comply. 

 

	 	1.12	“Rules for Management of Service Providers” means the agreements and rules on regulation of the services, market promotion, use of services, and other related activities of the Service Providers, as
well as other agreements, rules and norms that may be published in future and are relating to the Service Providers. Relevant rules may be embodied in written documents, notices, FAQ and other forms, with which the Service Providers shall comply.

  
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	 	1.13	“Laws and Regulations” means relevant laws, regulations, department rules and industrial norms etc. of the People’s Republic of China (including Hong Kong, Macau and Taiwan), the jurisdiction where
the clients locate, and the countries and regions where the Advertising Materials are actually placed. 

  

	2.	Rules for Service Providers 

  

	 	2.1	Party A warrants that it is an entity duly established and legally operated, it has obtained necessary qualification of business, and it has the right and capacity to enter into and perform this agreement. Party A shall
comply with the Rules of Tencent Platforms, and undertakes to use funds of lawful source to pay the Advertising Expenses. Party A shall provide relevant certificates affixed with common seal or signed according to the Rules of Tencent Platforms, and
warrants that such certificates are true, lawful and valid. Party B has the right to examine the documents provided by Party A, including but not limited to the following: 

 

	 	(1)	Business license and other identification certificates, as well as other certificates relating to qualifications of production and operation; 

 

	 	(2)	The complete, lawful and valid contact information of Party A, such as email, telephone number and address; 

  

	 	(3)	Other necessary certificates, including but not limited to the inspection certificate of product quality, the power of attorney, and the advertising examination form. 

 

	 	(4)	The above documents of the Service Provider’s Advertisers. 

 If any of the above
information changes, Party A shall give written notice to Party B or revise according to the Rules of Tencent Platforms within 3 working days after the change. 
  

	 	2.2	The Rules of Tencent Platforms are subject to adjustments or amendments according to the operational arrangement or the requirements of laws and regulations, including but not limited to formulation and adjustment of
the type of admitted entities (such as natural persons, and legal persons) according to the operational policies of the Traffic Providers, the design standards for Advertising Materials, the examination rules for Advertising Materials, the type of
industrial admission, the scope of qualification examination, the policies on return of goods / rebate, and the management of Service Providers, as well as the charge or waiver of certain amount or percentage of deposit against any specific
industry. 

  

	 	(1)	Party B may notify Party A of the Rules of Tencent Platforms by itself or through Tencent Platforms by one or several means of SMS, email, self-help system, private messages within a website, and website announcement.
Party A shall promptly view relevant content. 

  
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	 	(2)	The Rules of Tencent Platforms adjusted or amended shall become effective on the date notified by the notice, and Party A shall comply with such adjusted or amended rules. The adjustment may cause changes to any
admission standards or promotion standards, and Party A may not request Party B to provide services according to the old standards. 

  

	 	(3)	If Party A does not agree to the above adjustment or amendment, it shall immediately stop using Tencent Social Advertising Services and give Party B written notice to terminate this agreement. If Party A continues to
use Tencent Social Advertising Services, it will be deemed that Party A approves and accepts relevant Rules of Tencent Platforms. 

  

	 	2.3	Party A will be solely responsible to examine whether the qualifications, Advertising Materials and Promoted Objects etc. submitted by the Service Provider’s Advertisers meet the requirements of relevant laws and
regulations and this agreement, and shall ensure that the Service Provider’s Advertisers have the right to place relevant advertisement. 

The Service Provider’s Advertisers are willing to use Tencent Social Advertising Services, and shall comply with the Rules of Tencent
Platform. Party B will not make any commitment on the page views or sales volume of Party A and the Service Provider’s Advertisers after use of Tencent Social Advertising Services. 

 

	 	2.4	The Service Provider’s Advertiser may manage its account of Tencent Platforms by itself, or entrust any third party (including but not limited to the Service Providers / agents of Tencent Social Advertising
Platforms) to manage its account. If the Service Provider’s Advertiser entrusts Party A to manage its account, Party A shall evaluate and establish the entrustment relationship with the Service Provider’s Advertiser by itself. Part of
Tencent Platforms may provide connection channels for Party A and the Service Provider’s Advertiser. Party A shall establish, manage, and terminate its relationship with the Service Provider’s Advertise according to the Rules of Tencent
Platforms. Any dispute arising from the agreement between Party A and any Service Provider’s Advertiser shall be resolved by Party A and the Advertiser through negotiation, and is irrelevant to Party B. 

 

	 	2.5	Party A shall comply with the provisions of relevant laws and regulations, and ensure the Advertising Materials and Promoted Objects of the Service Provider’s Advertiser comply with the Rules of Tencent Platforms
and relevant laws and regulations, and ensure no act below or facilitation for any act below may be made: 

  

	 	(1)	Objecting to the fundamental principles defined by the Constitution; 

  

	 	(2)	Endangering the national security, disclosing the national secrets, subverting the state power and destructing the national unity; 

  

	 	(3)	Damaging the national honor and interest; 

  
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	 	(4)	Inciting national hatred and ethnic discrimination, and undermining ethnic unity; 

  

	 	(5)	Undermining national religious policies, and promoting cults and feudal superstitions; 

  

	 	(6)	Spreading rumors, disrupting social order, and undermining social stability; 

  

	 	(7)	Spreading obscenity, pornography, gambling, violence, murder, terror, harassment, vulgar information or inciting crimes; 

  

	 	(8)	Insulting or defaming others, or infringing other’s legitimate rights and interests; 

  

	 	(9)	Infringing other’s intellectual properties, business secrets or other legal rights; 

  

	 	(10)	Making up facts or concealing truth to mislead or deceive others; 

  

	 	(11)	Implementing gambling, gambling games, “PW”, “plug-in” or other illegal internet activities; 

 

	 	(12)	Conducting other activities violating public order and good moral, or laws or regulations. 

  

	 	2.6	Party B has the right to send advertisement of any promotions relating to Tencent Social Advertising Services or this agreement by one or several means of email, system announcement or private message within a website.

  

	3.	Party A’s Rights and Obligations 

  

	 	3.1	Party A shall promote Tencent Social Advertising Services legally and reasonably: 

  

	 	(1)	Party A shall designate a person or several persons specifically responsible for the promotion of Tencent Social Advertising Services according to the principles of good faith and mutual benefit, explore market by means
of marketing events, advertising and promotion or other various positive and active means, and protect the corporate image and brand image of Party B. 

  

	 	(2)	Party A shall develop the Advertisers in the capacity of the authorized Service Provider of Tencent Social Advertising, and may not develop any Advertisers directly or indirectly in the name of Party B or Party B’s
affiliates, or mislead the Advertisers to believe that Party A contact them on behalf of Party B or Party B’s affiliates. 

  

	 	(3)	Party A may not solicit Advertisers in any improper ways, including but not limited to directly copying or counterfeiting the official website of Tencent Social Advertising and thus misleading any third party to believe
that the website operated by Party A is the official website of Tencent Social Advertising, or causing any confusion to any third party regarding Party A’s website or system and the official website or system of Tencent Social Advertising.

  

	 	(4)	Party A will attract Advertisers by quality services, and may not conduct unfair market competition by low price, return of goods or other improper means. 

  
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	 	3.2	Party A has the right to select the specific type of Tencent Social Advertising Services based on its needs, register the account of Service Provider corresponding to such type, and comply with the service rules and
agreements for any specific product or service. Party A shall establish, manage and terminate its service relationship with any Advertiser according to the Rules of Tencent Platforms. 

 

	 	(1)	Party A shall carefully maintain the account and password of the Service Provider’s account, and may authorize any third party to operate its account according to the Rules of Tencent Platforms, provided that it
shall be always responsible for all acts and consequences under its account and take all relevant liabilities. 

  

	 	(2)	The rules for management of Service Provider’s account and the Service Provider’s Advertisers may vary depending on the Tencent Social Advertising Services (such as Guangdiantong System, and the advertising
service system of WeChat public platform). Party A shall establish connection at Tencent Platforms based on the service type and the Service Provider’s Advertiser it selects, to ensure that it will have full authority to assist its Advertiser
to use Tencent Social Advertising Platform, and to procure its Advertiser to comply with the corresponding Rules of Tencent Platforms. 

  

	 	(3)	Party A will solely negotiate with its Advertisers on such matters as charge of fees, promotion and placement, issuance of invoice, refund of charges, and use of Tencent Social Advertising, and enter into and perform
relevant agreement with its Advertisers in its own name. However, without the written consent of Party B, Party A may not make any provisions or undertakings regarding Party B in whatever forms. 

 

	 	(4)	Any dispute arising from any agreement between Party A and its Advertiser shall be resolved by them through negotiation, and is irrelevant to Party B. 

 

	 	3.3	Party A warrants that its Advertiser’s Advertising Materials and Promoted Objects are true, lawful and valid, and will ensure that such materials and objects conform to the Advertising Law of the People’s
Republic of China, other relevant laws and regulations, and the Rules of Tencent Platforms and will not infringe other’s legitimate rights and interests, including but not limited to: 

 

	 	(1)	The Advertiser has the capacity to operate the products and services it provides, and to publish advertising therefor. 

  

	 	(2)	The Advertising Materials are free of any potential safety hazards, including but not limited to any phishing site, virus, Trojan or other malicious program. 

 

	 	(3)	Where any Advertising Materials use other’s name, image (including cartoon image), logo, work or other right or interest, or allege any cooperation relationship with others, the consent of the right holder must be
obtained in advance. 

  
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	 	(4)	The brand, performance, quality, price and promise involved in the Advertising Materials should be clear, obvious and conforming to the facts, including but not limited to that the promise of gift or prize (such as game
currency, virtual object, material object, discount) should be conforming to the fact, and free of any false prize, premium sale, gift or other similar content. 

  

	 	(5)	The Showing Pages or Promoted Objects directed to by the Advertising Materials should be legally established and have lawful capacity of operation, and hold legal rights in website or other Promoted Objects, and have
the right to promote and use them. 

  

	 	(6)	The Promoted Objects must not contain any illegal content, or any malicious program which steals account No. or password or contains Trojan or virus, and endangers the internet security, including but not limited to
that the website/application or WeChat Official Account promoted may not promote or sell counterfeit and shoddy products, conduct illegal operation, spread infringing or pornographic information, or promote any application / software or other
product that contains unclear charge items or charge tips, malicious charge, secret charge program or other circumstance damaging the user’s right or interest. 

 

	 	(7)	Other circumstances provided by laws, regulations or the Rules of Tencent Platforms. 

  

	 	3.4	The content of the Showing Pages should be connected closely to the Advertising Materials. Moreover, the actual displayed content of the Landing Pages should be consistent with that submitted at the time of examination,
including but not limited to: 

  

	 	(1)	The Landing Pages should be safe and stable, and capable of normal opening and viewing. 

  

	 	(2)	The content displayed on the Landing Pages may not be changed materially during the period of placement, such as the ordinary product originally promoted being changed into any product requiring special qualification
for operation. Such change, if any, shall be notified to Party B in advance and re-submitted for examination. 

  

	 	(3)	No directed jump may be set in any Advertising Materials, such as jump based on location, time or IP, so that the Landing Pages are not consistent with the linkage at the time of examining the Advertising Materials.

  

	 	(4)	No act may be conducted in violation of laws, regulations or this agreement through setting malicious code or virus in the Landing Pages. 

 

	 	(5)	Other circumstances where any laws, regulations or the Rules of Tencent Platforms are violated. 

  

	 	3.5	Party A warrants that the Advertising Materials and the Promoted Objects do not contain any acts endangering internet security or infringing other’s right or interest, including but not limited to the following:

  

	 	(1)	Any act that changes or attempts to change the configuration of the Tencent Platforms service system or breaches the security of system; 

  
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	 	(2)	Any act that breaches or attempts to breach the network security, including but not limited to malicious scanning, hacking the system, or illegal access to data of any website or serve by means of virus, Trojan,
malicious code or phishing; 

  

	 	(3)	Undermining or disrupting operation of Tencent Platforms or hindering other’s use of Tencent Platforms by technical or other means, or making or spreading methods for the above purposes; 

 

	 	(4)	Counterfeiting or using counterfeit products of Tencent Platforms (including but not limited to counterfeiting the form of Tencent Social Advertising), and leading users to misunderstanding or confusion;

  

	 	(5)	Other acts that endanger network security or infringe other’s right or interest. 

  

	 	3.6	If any dispute or controversy arises from Advertising Materials or Promoted Objects, Party B shall be solely responsible to resolve such dispute or controversy and assume all liabilities, including but not limited to
negotiation with any third party in its own name, responding to any litigation, or acceptance of investigation by any competent authority, and assumption of all costs and compensation of all losses. 

If Party A or its Advertisers breach this agreement or the Rules of Tencent Platforms, and cause any loss to Party B, the Traffic Provider or
other entities (including but not limited to any expenses paid for dealing with user’s complaint, user’s claim, right holder’s claim or administrative penalty), Party A shall compensate. If any breach or violation is caused by the
Service Provider’s Advertisers, Party A may not refuse to assume any obligation hereunder for the Advertising Materials are provided by its Advertisers. Party A shall negotiate with its Advertiser to resolve any loss incurred by it from the
Advertiser’s violation of the Rules of Tencent Platforms. 
  

	4.	Party B’s Rights and Obligations 

  

	 	4.1	Party B shall provide the technical support or information and explanation relating to Tencent Social Advertising Service, and be responsible for the operation and maintenance of Tencent Platforms System. To improve
Tencent Social Advertising Services, Party B and its affiliates have the right to constantly adjust Tencent Platforms and its specific services. Any adjustment of Tencent Platforms and the name, function, or domain name of its specific services
shall not affect the validity of this agreement. 

 Party B has the right to adjust or terminate its services in whole or in
part based on its arrangement of operation, including but not limited to stopping providing any specific service, upgrade of any specific service, adjustment of the function of any specific service, or integrate certain services. However, Party B
shall notify Party A at least 30 natural days before such adjustment or termination. 

  
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	 	4.2	Party B has the right to examine the qualification materials and Advertising Materials of Party A and its Advertisers, and decide whether to permit placement of any Advertising Materials according to the Rules of
Tencent Platforms. The examination is only a formal one, and does not represent that Party B has the duty to confirm or warrant the truth and legality of the Advertising Materials. In addition, Party B’s examination will not relieve the
warranty liability of Party A and its Advertisers on the truth or legality of operation qualification and Advertising Materials, and all liabilities and consequences arising therefrom shall be assumed by Party A independently. 

 

	 	4.3	Where the Advertising Materials or the Promoted Objects are investigated by any competent authority or complained by any third party (including but not limited to users and right holders), or there is any circumstance
where Party A or its Advertiser may violate laws, regulations or this agreement (including but not limited to overdue payment), Party B has the right to determine whether Party A breaches laws, regulations or this agreement in its sole and
independent judgment as an ordinary person. If Party B determines upon its judgment that Party A does breach, Party B has the right to take one or several of the following measures against Party A: 

 

	 	(1)	Stopping the placement of the Advertising Materials suspected of violation of laws; 

  

	 	(2)	Requesting Party A or its breaching Advertiser to revise the Advertising Materials until they meet relevant provisions, or to correct the breach; 

 

	 	(3)	Making all Advertising Materials submitted by Party A or the breaching Advertiser offline, such as rejection of account; 

  

	 	(4)	Restricting Party A or its breaching Advertiser from using Tencent Social Advertising Services, such as suspense of examination; 

  

	 	(5)	Imposing penalty on Party A, deducting Party A’s deposit, or withholding the balance of Service Provider’s Account of Party A or the breaching Advertiser’s account, and using such proceeds to compensate
user’s loss or pay reasonable expense, including but not limited to compensating losses of Party B or the Traffic Provider (such as administrative penalty, right holder’s claim, user’s damages) incurred from any breach of Party A or
its breaching Advertiser; 

  

	 	(6)	Suspending or terminating the preferential measures such as return of goods / rebate (whether accrued or not) and recovering the return of goods / rebate already made, and relevant expenses may be directly deducted from
Service Provider’s Account of Party A (If the returned goods have been consumed, Party B has the right to directly deduct the cash amount equivalent to the value of such goods from Service Provider’s Account of Party A); 

 

	 	(7)	Withholding all the balances of Service Provider’s Account of Party A or the breaching Advertiser’s account as liquidated damages, without refund (Party A shall compensate additionally if the balances are
insufficient to cover Party B’s loss); 

  

	 	(8)	Terminating the account and this agreement, requesting Party A to assume the liability for breach of agreement, and meanwhile prohibiting Party A from using Tencent’s Platforms again. 

  
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 When Party B takes any measures (including but not limited to suspense of service, deduction
of expenses, or termination of agreement) according to this agreement, it will not be deemed in breach of this agreement. Any dispute or liability arising from taking measures by Party B against Party A or its Advertisers shall be borne by Party A
solely. Party A shall be liable for any loss it suffers therefrom (including but not limited to clearing of any data, forfeit of any prepayment balance as liquidated damages to Party B), and shall be fully responsible for any loss Party B or others
suffer therefrom. 
  

	 	4.4	If Party A or its Advertiser is investigated by any competent authority or complained by any third party, and Party A fails to resolve the dispute properly within 3 natural days, Party B has the right to advance the
payment in its sole discretion to handle the dispute and compensation of loss and protect the legitimate right or interest of the complainer, in addition to taking other measures according to this agreement. Relevant payment may be deducted by Party
B directly from Service Provider’s Account of Party A or the breaching Advertiser’s account, or recovered otherwise from Party A. 

  

	 	4.5	If Party A or its Advertiser is investigated by any competent authority or complained by any third party, or if Party A or its Advertiser complains any third party, Party B has the right to provide the competent
authority or relevant parties with the name of entities and contact information of the parties to the dispute, relevant content of the complaint, and other necessary information (including but not limited to name, telephone number, certificates
etc.) to promptly resolve the dispute and complaint and protect the legitimate right or interest of the parties. 

  

	 	4.6	Party B has the right to temporarily freeze any account not operated for certain period to protect the security of the Tencent Platform accounts of the clients (including Service Providers and direct Advertisers). If
Party A needs to resume any frozen account, it needs to re-activate the account. 

  

	 	4.7	Party B may transfer its rights or obligations hereunder to its affiliates in whole or in part based on its business needs, provided that it must give
30-working-day written notice to Party A. 

  

	5.	Expenses and Invoices 

  

	 	5.1	Recharge of Advertising Expenses 

 A mode of prepayment is applied for Tencent Social
Advertising Services. Party A is required to ensure that its Service Provider’s Account and its Advertiser’s account have sufficient balances, and to recharge promptly. Otherwise, the placement of advertisement may be affected. 

 

	 	5.2	Calculation of Advertising Expenses 

  

	 	(1)	The Advertising Expenses are calculated in RMB. Tencent Platforms will provide various calculation methods such as CPC and CPM, subject to the Rules of Tencent Platforms. 

  
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	 	(2)	The placement times, click times, exposure times and other data of the Advertising Materials, as well as the bundling time, unbundling time and the consumption data during the bundling period shall be subject to the
background statistics of Party B. 

  

	 	5.3	Invoice 

  

	 	(1)	After receiving payment from Party A, Party B will issue invoice to Party A at the latter’s request. The invoice amount should be the total cash amount paid by Party A to Party B. 

 

	 	(2)	Party B will issue the invoice in the next month after Party A’s application is examined and approved. It will be deemed that Party B has performed its obligation of issuing invoice that relevant invoice is sent to
the correspondence address filled in by Party A. 

  

	 	(3)	Party B will only issue invoice to Party A, rather than to Party A’s Advertiser or any other third party. Party A will recharge the account of its Advertiser and issue invoice to its Advertiser according to its
agreement with the Advertiser. 

  

	 	5.4	Refund 

 If there is any cash balance in Service Provider’s Account of Party A, Party A may
apply for refund of such balance, provided that it will meet the following conditions: 
  

	 	(1)	Party A has filled in relevant application, and return the invoice to Party B within the month during which the invoice is issued, and Party A does not conduct tax certification on the invoice; 

 

	 	(2)	Party A has no outstanding issues, including but not limited to penalty on violations, compensation for breach of agreement, or complaint dispute; 

 

	 	(3)	The non-cash balance in the service provider’s account (including but not limited to the virtual money, return of goods or credit granted free of charge) is non-refundable; 

  

	 	(4)	Certain media may set limit on refund period, and Party A should notice such media’s refund rules when using such media. For example, no refund is permissible for any purchase order the recharge of which was made
10 months before in case of the advertising service provided at WeChat Public Platform. Here is an illustration: if the user of WeChat advertising recharged RMB 10,000 on January 1, 2014, it must apply for refund no later than October 31,
2014; 

  

	 	(5)	Party B will re-issue the invoice based on the actual consumption amount of Party A and refund the cash balance in the next month after it receives the complete and valid invoice
returned from Party A; 

  
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	 	(6)	Party A shall carefully keep the invoice. Party A understands and agrees that if it is unable to return the invoice issued by Party B (including but not limited to the following circumstances: Party A has conducted tax
certification on the invoice, or the invoice is not returned within the month during which the invoice is issued), Party A is required to provide the materials necessary for issuance of red-letter invoice,
such as filling in and uploading the Form for Issuance of Red-letter Special VAT Invoice, to apply for refund. If Party A is unable to return the invoice issued by Party B and provide Party B with the
materials necessary for issuance of red-letter invoice, Party A will not refund, and Party A will assume the consequence. 

  

	 	(7)	Party A is not required to provide relevant information of issuance invoice for any refund with respect of which Party B has not issued invoice, or has issued but not sent the invoice to Party A. 

 

	6.	Policies on Return of Goods / Rebate 

  

	 	6.1	Party B may develop or adjust in its sole discretion its policies on return of goods / rebate (including but not limited to the calculation, distribution or penalty and forfeit rules of return of goods / rebates) based
on its needs of business development. The development or adjustment shall be subject to the latest notice of Party B. The new policies on return of goods / rebate, once notified to Party A, shall be binding upon Party A, and Party A shall follow the
new policies. 

  

	 	6.2	The return of goods of Tencent Social Advertising Services will be distributed to the service provider account in the form of virtual money, and the rebate will be paid to the bank account of Party A in the preamble of
this agreement (if Party A needs to change the bank account, it must give 10-working-day written notice to Party B or change according to the Rules of Tencent
Platforms). Party A must issue qualified special VAT invoice with an amount equivalent to the rebate amount to Party B at least 30 working days in advance based on the rebate amount. 

 

	 	6.3	If Party A delays in payment or otherwise breaches this agreement, Party B has the right to suspend or terminate implementation of the policies on return of goods / rebate, or impose penalties according to such
policies. In serious case, Party B has the right to recover the distributed goods / rebate (if the returned goods have been consumed, Party B has the right to deduct directly from Party A’s service provide account the equivalent amount).

  

	7.	Confidentiality 

  

	 	7.1	Party A and Party B have provided or disclosed or will provide or disclose certain confidential information for purpose of this agreement. “Confidential Information” means the
non-public information (including but not limited to the handling plan on user’s complaints or violations, or litigations), information, data, and materials held by either party with respect to its
business, operation, technology and rights. The party disclosing Confidential Information is referred to as “Disclosing Party”, and the party receiving Confidential Information is referred to as “Receiving Party”.

  
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	 	7.2	Unless this agreement provides otherwise, the Receiving Party may not use or disclose to any third party any Confidential Information of the Disclosing Party for its own business purpose or for other purpose. Both
parties shall procure their employees to perform the above obligation. 

  

	 	7.3	The confidentiality obligation is not applicable to the following: 

  

	 	(1)	Any information disclosed by either party to its affiliates or professional consultant for purpose of this agreement; 

  

	 	(2)	Any information which is developed independently by either party or obtained from any third party who has the right to disclose, or becomes known to the public not through violation of this agreement; 

 

	 	(3)	Any information required to disclose by laws, regulations or any binding decisions, orders or decrees made by any competent court, regulator or other government department; 

 

	 	(4)	Any information disclosed during any other regulatory or governmental procedure. 

  

	 	7.4	The confidentiality obligation shall survive the rescission, termination or avoidance of this agreement. 

  

	8.	Force Majeure and Exemption of Liability 

  

	 	8.1	The party who is unable to perform this agreement in whole or in part for any force majeure event will not be liable for breach of agreement. However, the party affected by force majeure event shall immediately notify
the other party in writing of the vent, and present valid evidence within 5 working days. Both parties will negotiate to decide whether to continue performance of or terminate this agreement according to the effect of such event on performance of
this agreement. 

  

	 	8.2	In consideration of the special nature of internet, the exemptions of Party B include but are not limited to the following circumstances that affect normal operation of Tencent Platforms: 

 

	 	(1)	Hacker’s attack, or invasion or explosion of computer virus; 

  

	 	(2)	The computer system has been damaged, paralyzed or cannot be used normally, which causes Party B unable to perform this agreement as agreed; 

 

	 	(3)	The failure or adjustment of underlying operator or competent authority causes any effect; 

  

	 	(4)	Any temporary closure or adjustment of service caused by governmental control; 

  

	 	(5)	Any influence of the promulgation, adjustment or modification of the national laws, regulations or policies; 

  
 13 / 17 

 

 
  
  

 

	 	(6)	Any influence caused by Party A or its Advertiser’s reason (including but not limited to operational error or system failure); 

  

	 	(7)	Other reasons caused not through Party B’s fault. 

  

	9.	Termination of Agreement 

  

	 	9.1	This agreement will automatically terminate when any of the following circumstances occurs: 

  

	 	(1)	Both parties agree to terminate upon negotiation; 

  

	 	(2)	Either party is deregistered, bankrupt or dissolved; 

  

	 	(3)	The service term expires and both parties do not renew, or either party terminates this agreement according to its terms; 

  

	 	(4)	This agreement is unable or not necessary to perform due to any force majeure event; 

  

	 	(5)	Either party breaches this agreement and results termination of this agreement. 

  

	 	9.2	When this agreement terminates, Party A shall immediately stop using Party B’s brand and logo in any way, and no longer operate business in the capacity of Tencent Social Advertising Service Provider.

  

	 	9.3	Regardless of the reason based on which this agreement is terminated or rescinded, Party B has the right to continue to provide services to the Service Provider’s Advertisers, if applicable, by other means
including but not limited to Party B’s direct management or re-designation of Service Providers for the Advertisers. 

  

	 	9.4	The early termination of this agreement will not affect any rights or obligations accrued hereunder before the termination. 

  

	10.	Applicable Law and Dispute Resolution 

  

	 	10.1	This agreement is entered into in Nanshan District, Shenzhen City, Guangdong Province, the People’s Republic of China. 

  

	 	10.2	The execution, performance, modification, termination, rescission and other matters of this agreement shall be governed by the laws of the People’s Republic of China (for purpose hereof, excluding Hong Kong Special
Administrative Region, Macau Special Administrative Region and Taiwan), without regard to its principles of conflict of laws. 

  

	 	10.3	If any dispute or controversy arises between the parties, they shall resolve such dispute or controversy first through friendly negotiation. If negotiation fails, both parties agree to submit the dispute or controversy
to the competent people’s court at the execution place of this agreement. 

  
 14 / 17 

 

 
  
  

 

	11.	Miscellaneous Provisions 

  

	 	11.1	This agreement is composed of the body of this agreement, and various Rules of Tencent Platforms which are published or to be published with respect to Tencent Platforms. The above rules are an integral part of this
agreement, and have equal legal force as the body hereof. Party A shall comply with the above rules when using the services of Tencent Platforms. 

  

	 	11.2	The cooperation term of both parties starts from January 1, 2016, and ends on December 31, 2016. If neither party requests in writing for not renewing this agreement, the cooperation term will be renewed
automatically for 1 year. The times of renewal are not limited. 

 Either party may give 30-natural-day written notice to the other party to terminate this agreement. Both parties shall settle fees and expenses according to the terms hereof, and properly handle the user’s complaints,
liquidated damages, damages, refund and other matters (if any). 
  

	 	11.3	If the term of this agreement is not identical with the period for Party A to use Tencent Social Advertising Services, the term hereof will automatically cover the period for Party A to use Tencent Social Advertising
Services. Unless both parties agree otherwise or re-enter into a similar agreement, this agreement shall remain effective while Party A uses Tencent Social Advertising Services. 

 

	 	11.4	If any provision hereof is decided void or unenforceable, such provision shall be severed from this agreement, and the remaining provisions shall continue to be effective. 

 

	 	11.5	This agreement is made in two counterparts, with each party holding one. This agreement shall become effective when both parties seal, and have legal binding force upon both parties. 

(The remainder of this page is intentionally left blank) 

  
 15 / 17 

 

 
  
  

 

 (Signature Page of Tencent Advertising Placement Contract for 2017) 

 

			
	Party A: OptAim (Beijing) Information Technology Co., Ltd.	  	Party B: Beijing Tencent Culture Media Co., Ltd.
		
	(Signature/ seal)	  	(Signature/ seal)
		
	/s/ seal OptAim (Beijing) Information Technology Co., Ltd.	  	/s/ seal Beijing Tencent Culture Media Co., Ltd.
		
	Date: November 10, 2016	  	Date: November 10, 2016

  
 16 / 17 

 Bank Information of Service Providers 

 

					
	Type: ☐ New Account No.	  	☒ Changed Account No.	  	

 We hereby certify that the account information below is the information of our bank account for receiving payment with respect
to cooperation with Tencent: 
  

			
	Name of bank account (payee):	  	OptAim (Beijing) Information Technology Co., Ltd.
		
	Name of bank:	  	***
		
	Account No.:	  	***

 In case of change of account No., the original bank information to be revoked is as follows: 

 

			
	Original name of bank account:	  	OptAim (Beijing) Information Technology Co., Ltd.
		
	Name of original bank:	  	***
		
	Original account No.:	  	***

 Seal of Service Provider (special financial seal): 
  

 
 Remarks: 
  

	1.	The name of Service Provider and name of bank account of the Service Provider must be consistent with those on the business license (or registration certificate). 

 

	2.	The information of account must be that of the account receiving payment. 

  

	3.	Please fill in the above information, print, and affix the special financial seal thereon. 

  
 17 / 17EX-4.2

 EXHIBIT 4.2 

REGISTRATION RIGHTS AGREEMENT 

THIS REGISTRATION RIGHTS AGREEMENT (this “Agreement”) is made as of September 8, 2014, by and among (i) SAILPOINT
TECHNOLOGIES HOLDINGS, INC., a Delaware corporation (the “Company”), (ii) THOMA BRAVO FUND XI, L.P., a Delaware limited partnership, THOMA BRAVO EXECUTIVE FUND XI, L.P., a Delaware limited partnership (collectively,
“TB” or the “Investor”), (iii) each of the Persons listed as Executives on the Schedule of Holders attached hereto as Exhibit A (collectively, the “Executives”), and (iv) each
other Person signatory hereto from time to time (such Persons, together with the Investor and the Executives are referred to herein individually as a “Stockholder” and collectively as the “Stockholders”). 

Recitals 

A.    The Company and all of the Stockholders are parties to a Stock Purchase and Rollover Agreement of even date herewith
(the “Purchase Agreement”). In order to induce such Stockholders to enter into the Purchase Agreement, the Company agreed to provide the registration rights set forth in this Agreement. 

B.    Unless otherwise provided in this Agreement, capitalized terms used herein shall have the meanings set forth in
Section 8 below. 
 Agreement 

In consideration of the foregoing and the mutual covenants and promises contained herein, the parties agree as follows: 

1.    Demand Registrations. 

(a)    Requests for Registration. The holders of a majority of the Investor Registrable Securities may
request registration under the Securities Act of all or any portion of their Registrable Securities on Form S-1 or any similar long-form registration (“Long-Form Registrations”). 
 (b)    Long-Form Registrations. The Initiating Holders shall be entitled to request (i) three (3) Long-Form Registrations in which the Company shall pay all
Registration Expenses (“Company-paid Long-Form Registrations”) and (ii) an unlimited number of
Long-Form Registrations in which the holders of Investor Registrable Securities included in such registration shall pay their pro rata share of the Registration Expenses as set forth in Section 5
below. A registration shall not count as one of the permitted Company-paid Long-Form Registrations until it has become effective and the holders requesting registration are able to register and sell at least
ninety percent (90%) of the Registrable Securities requested to be included in such registration; provided that in any event the Company shall pay all Registration Expenses in connection with any registration initiated as a Company-paid Long-Form Registration whether or not it has become effective and whether or not such registration has counted as one of the permitted Company-paid Long-Form Registrations. Notwithstanding the foregoing and subject to Section 1(f) below, if any registration initiated by the Initiating Holders as a
Company-paid Long-Form Registration is voluntarily withdrawn by such Initiating Holders, such holders may (a) pay all Registration Expenses in connection with such registration in which case such registration shall not be treated as a
Company-paid Long-Form Registration or (b) cause the Company to pay such expenses provided that such registration shall count as one of the permitted Company-paid Long-Form Registrations. 

 (c)    Short-Form
Registrations. In addition to the Long-Form Registrations permitted pursuant to Section l(b), the Initiating Holders shall be entitled to an unlimited request for registrations under the
Securities Act of all or part of their Registrable Securities on Forms S-2 or S-3 or any similar short-form registration (“Short-Form Registrations”) in which the Company shall pay all Registration Expenses. After the Company has become subject to the reporting requirements of the Securities Exchange Act, the Company shall use its
best efforts to make Short-Form Registrations on Form S-3 available for the sale of Registrable Securities (including, without limitation, as a “shelf
registration”) if so requested by the Initiating Holders. 
 (d)    Demand Registrations. All
registrations requested pursuant to Sections l(b) and 1(c) are referred to herein as “Demand Registrations”. Demand Registrations shall be Short-Form Registrations whenever the Company
is permitted to use any applicable short form. Each request for a Demand Registration shall specify the approximate number of Registrable Securities requested to be registered. Within ten (10) days after receipt of any such request from the
Initiating Holders, the Company shall give written notice of such requested registration to all other holders of Investor Registrable Securities and, except as provided in Section 1(e) below, shall include in such registration all
Investor Registrable Securities with respect to which the Company has received written requests for inclusion therein within fifteen (15) days after the receipt of the Company’s notice. In addition, if the Initiating Holders consent to
inclusion of additional Registrable Securities in any Demand Registration, as soon as reasonably possible, but in no event later than ten (10) days after receipt of any such Demand Registration request, the Company shall give written notice of
such requested registration to all other holders of Registrable Securities and, except as provided in Section 1(e) below, shall include in such registration on such terms as determined by the Company, all Registrable Securities with
respect to which the Company has received written requests for inclusion therein within fifteen (15) days after receipt of the Company’s notice to such holders of Registrable Securities. 

(e)    Priority on Demand Registrations. The Company shall not include in any Demand Registration any
securities which are not Registrable Securities without the prior written consent of the holders of a majority of the Investor Registrable Securities included in such registration. If a Demand Registration is an underwritten offering in which the
Initiating Holders have consented to inclusion of additional Registrable Securities (other than Investor Registrable Securities), and the managing underwriters advise the Company in writing that in their opinion the number of Registrable Securities
and, if permitted hereunder, other securities requested to be included in such registration exceeds the number which can be sold in an orderly manner in such offering within a price range acceptable to the Initiating Holders, the Company shall
include in such registration: (i) first, the Investor Registrable Securities requested to be included in such registration, pro rata among the holders of such Investor Registrable Securities on the basis of the number of shares owned by
such holders; (ii) second, the Management Registrable Securities requested to be included in such registration, pro rata among the holders of such Management Registrable Securities on the basis of the number of shares owned by such
holders; (iii) third, securities the Company wishes to sell; (iv) fourth, other Registrable Securities pro rata based on the number of shares owned by such holder or pursuant to such other allocation method determined by the
Company and acceptable to the managing underwriters; and (v) fifth, other securities which are not Registrable Securities requested to be included in such registration pursuant to contractual registration rights (“Other
Registrable Securities”), pro rata among the holders thereof on the basis of the number of their securities requested to be included therein or pursuant to such other allocation method determined by the Company and acceptable to the
managing underwriters. Without the consent of the Company and the holders of a majority of the Investor Registrable Securities included in such registration, any Person other than holders of Registrable Securities who participate in Demand
Registrations must pay their share of the Registration Expenses as provided in Section 5 below. 

  
 2 

 (f)    Restrictions on
Long-Form Registrations. The Company shall not be obligated to effect any Long-Form Registration within one hundred and eighty (180) days after the
effective date of a previous Long-Form Registration or a previous registration in which the holders of Registrable Securities were given piggyback rights pursuant to Section 2 and in which there
was no reduction in the number of Registrable Securities requested to be included. The Company may postpone for up to one hundred and eighty (180) days the filing or the effectiveness of a registration statement for a Demand Registration if the
Company and the Initiating Holders agree that such Demand Registration would reasonably be expected to have a material adverse effect on any proposal or plan by the Company or any of its subsidiaries to engage in any acquisition of assets (other
than in the ordinary course of business) or any merger, consolidation, tender offer, reorganization or similar transaction; provided that in such event, the Initiating Holders initially requesting such Demand Registration shall be entitled to
withdraw such request and, if such request is withdrawn, such Demand Registration shall not count as one of the permitted Company-paid Long-Form Registrations hereunder and the Company shall pay all Registration Expenses in connection with such
registration. The Company may delay a Demand Registration hereunder only once in any twelve (12) month period. 

(g)    Selection of Underwriters. The holders of a majority of the Investor Registrable Securities included
in any Long-Form Registration, which is a Demand Registration, shall have the right to select the investment banker(s) and manager(s) to administer the offering. 

(h)    Other Registration Rights. Except as provided in this Agreement, the Company shall not grant to any
Persons the right to request the Company to register any equity securities of the Company, or any securities convertible or exchangeable into or exercisable for such securities, without the prior written consent of the holders of a majority of the
Investor Registrable Securities. 
 2.    Piggyback Registrations. 

(a)    Right to Piggyback. Whenever the Company proposes to register any of its securities under the
Securities Act (other than the initial public offering or pursuant to a Demand Registration or a registration on Form S-4, Form S-8 or any successor form) and the
registration form to be used may be used for the registration of Registrable Securities (a “Piggyback Registration”), the Company shall give prompt written notice (in any event within three (3) business days after its
receipt of notice of any exercise of demand registration rights other than under this Agreement) to all holders of Registrable Securities of its intention to effect such a registration and shall include in such registration all Registrable
Securities with respect to which the Company has received written requests for inclusion therein within fifteen (15) days after the receipt of the Company’s notice. 

(b)    Piggyback Expenses. The Registration Expenses of the holders of Registrable Securities shall be paid
by the Company in all Piggyback Registrations. 
 (c)    Priority on Primary Registrations. If a
Piggyback Registration is an underwritten primary registration on behalf of the Company, and the managing underwriters advise the Company in writing that in their opinion the number of securities requested to be included in such registration exceeds
the number which can be sold in an orderly manner in such offering within a price range acceptable to the Company, the Company shall include in such registration (i) first, the securities the Company proposes to sell;
(ii) second, Investor Registrable Securities and Management Registrable Securities requested to be included in such registration, pro rata among the holders of such Investor Registrable Securities and Management Registrable Securities on
the basis of the number of shares owned by such holders; and (iii) third, Other Registrable Securities requested to be included in such registration, pro rata among the holders thereof on the basis of the number of Other Registrable
Securities requested to be included therein; provided, however that in any Piggyback Registration other than the initial public 

  
 3 

 
offering of the Company’s Common Stock, the holders of Registrable Securities shall be permitted to include in any such registration not less than twenty-five percent (25%) of the number of
shares of Common Stock proposed to be sold in such offering, unless the holders of a majority of the Registrable Securities requesting such Piggyback Registration agree in writing to reduce such position or to waive their rights under this proviso.

 (d)    Priority on Secondary Registrations. If a Piggyback Registration is an underwritten secondary
registration on behalf of holders of Other Registrable Securities, and the managing underwriters advise the Company in writing that in their opinion the number of securities requested to be included in such registration exceeds the number which can
be sold in an orderly manner in such offering within a price range acceptable to the holders of a majority of the Registrable Securities to be included in such registration, the Company shall include in such registration (i) first, the
securities requested to be included therein by the holders of Other Registrable Securities requesting such registration, (ii) second, Investor Registrable Securities and the Management Registrable Securities requested to be included in
such registration, pro rata among the holders of such Investor Registrable Securities and Management Registrable Securities on the basis of the number of shares owned by such holders; and (iii) third, any
non-requesting Other Registrable Securities requested to be included in such registration, pro rata among the holders thereof on the basis of the number of their securities requested to be included therein.

 (e)    Selection of Underwriters. If any Piggyback Registration is an underwritten offering, TB must
approve the selection of investment banker(s) and manager(s) for the offering. Such approval shall not be unreasonably withheld. 

3.    Other Agreements. 

(a)    Company Lock-Up Agreement. The Company shall not effect any
public sale or distribution of any of its equity securities, or any securities convertible into or exchangeable or exercisable for such securities, during the period beginning on the date of the notice of the Demand Registration by the Initiating
Holders and ending on the ninetieth (90th) day after the first effective date of any underwritten Demand Registration or any underwritten Piggyback Registration (except pursuant to registrations
on Form S-4, Form S-8 or any successor form), unless the underwriters managing the registered public offering otherwise agree to a shorter time period applicable to both
holders of the Investor Registrable Securities and to the Company. 
 (b)    Current Public Information.
With a view to making available to the holders of Registrable Securities the benefits of SEC Rule 144 and any other rule or regulation of the Securities and Exchange Commission that may at any time permit a holder to sell securities of the Company
to the public without registration or pursuant to a registration on Form S-3, the Company shall: 

(i)    make and keep available adequate current public information, as those terms are understood and defined in SEC Rule
144, at all times after the effective date of the registration statement filed by the Company for the Company’s initial public offering of its common stock; 

(ii)    use commercially reasonable efforts to file with the Securities and Exchange Commission in a timely manner all
reports and other documents required of the Company under the Securities Act and the Securities Exchange Act (at any time after the Company has become subject to such reporting requirements); and 

  
 4 

 (iii)    furnish to any holder of Registrable Securities forthwith upon
request (i) to the extent accurate, a written statement by the Company that it has complied with the reporting requirements of SEC Rule 144 (at any time after ninety (90) days after the effective date of the registration statement filed by
the Company for the Company’s initial public offering of its common stock), the Securities Act, and the Securities Exchange Act (at any time after the Company has become subject to such reporting requirements), or that it qualifies as a
registrant whose securities may be resold pursuant to Form S-3 (at any time after the Company so qualifies); and (ii) such other information as may be reasonably requested in availing any Holder of any
rule or regulation of the Securities and Exchange Commission that permits the selling of any such securities without registration (at any time after the Company has become subject to the reporting requirements under the Securities Exchange Act) or
pursuant to Form S-3 (at any time after the Company so qualifies to use such form). 

4.    Registration Procedures. Whenever the holders of Registrable Securities have requested
that any Registrable Securities be registered pursuant to this Agreement, the Company shall use its best efforts to effect the registration and the sale of such Registrable Securities in accordance with the intended method of disposition thereof,
and pursuant thereto the Company shall as expeditiously as possible: 
 (a)    prepare and file with the Securities and
Exchange Commission a registration statement with respect to such Registrable Securities (and in any event within sixty (60) days of receipt of any request pursuant to Section 1 of this Agreement) and use its best efforts to cause
such registration statement to become effective (and in any event within ninety (90) days of the filing of a registration statement pursuant to Section 12 of this Agreement); provided that before filing a registration
statement or prospectus or any amendments or supplements thereto, the Company shall furnish to the counsel selected by the holders of a majority of the Registrable Securities included in such registration statement copies of all such documents
proposed to be filed, which documents shall be subject to the review and comment of such counsel; 

(b)    notify each holder of Registrable Securities of the effectiveness of each registration statement filed hereunder
and prepare and file with the Securities and Exchange Commission such amendments and supplements to such registration statement and the prospectus used in connection therewith as may be necessary to keep such registration statement effective for a
period of not less than one hundred and twenty (120) days, if applicable, and comply with the provisions of the Securities Act with respect to the disposition of all securities covered by such registration statement during such period in
accordance with the intended methods of disposition by the sellers thereof set forth in such registration statement; provided, however, that if the Company is eligible to use Form S-3, the
holders of Registrable Securities may require the Company to keep such registration effective as a “shelf registration” for a period of up to two (2) years; 

(c)    furnish to each seller of Registrable Securities and the underwriters such number of copies of such registration
statement, each amendment and supplement thereto, the prospectus included in such registration statement (including each preliminary prospectus) and such other documents as such seller may reasonably request in order to facilitate the disposition of
the Registrable Securities owned by such seller; 
 (d)    use its best efforts to register or qualify such Registrable
Securities under such other securities or blue sky laws of such jurisdictions as any seller reasonably requests and do any and all other acts and things which may be reasonably necessary or advisable to enable such seller to consummate the
disposition in such jurisdictions of the Registrable Securities owned by such seller; provided that the Company shall not be required to (i) qualify generally to do business in any jurisdiction where it would not otherwise be required to
qualify but for this subparagraph, (ii) subject itself to taxation in any such jurisdiction, or (iii) consent to general service of process in any such jurisdiction; 

  
 5 

 (e)    notify each seller of such Registrable Securities and the counsel
selected by holders of a majority of Registrable Securities included in such registration, at any time when a prospectus relating thereto is required to be delivered under the Securities Act, of the happening of any event as a result of which the
prospectus included in such registration statement contains an untrue statement of a material fact or omits any fact necessary to make the statements therein not misleading, and, at the request of any such seller, the Company shall prepare a
supplement or amendment to such prospectus so that, as thereafter delivered to the purchasers of such Registrable Securities and their counsel, such prospectus shall not contain an untrue statement of a material fact or omit to state any fact
necessary to make the statements therein not misleading; 
 (f)    cause all such Registrable Securities to be listed
on each securities exchange on which similar securities issued by the Company are then listed; 
 (g)    provide a
transfer agent and registrar for all such Registrable Securities not later than the effective date of such registration statement; 

(h)    enter into such customary agreements (including underwriting agreements in customary form) and take all such other
actions as the holders of a majority of the Registrable Securities being sold or the underwriters, if any, reasonably request in order to expedite or facilitate the disposition of such Registrable Securities (including effecting a stock split or a
combination of shares); 
 (i)    make available for inspection by any seller of Registrable Securities, any
underwriter participating in any disposition pursuant to such registration statement, and any attorney, accountant or other agent retained by any such seller or underwriter, all financial and other records, pertinent corporate documents and
properties of the Company necessary to enable them to exercise their due diligence responsibility, and cause the Company’s officers, directors, employees and independent accountants to supply all information reasonably requested by any such
seller, underwriter, attorney, accountant or agent in connection with such registration statement; 
 (j)    otherwise
use its best efforts to comply with all applicable rules and regulations of the Securities and Exchange Commission, and make available to its security holders, as soon as reasonably practicable, an earnings statement covering the period of at least
twelve (12) months beginning with the first day of the Company’s first full calendar quarter after the effective date of the registration statement, which earnings statement shall satisfy the provisions of Section 11(a) of the
Securities Act and Rule 158 thereunder; 
 (k)    permit any holder of Registrable Securities, which holder, in the
Company’s sole and exclusive judgment, might be deemed to be an underwriter or a controlling Person of the Company, to participate in the preparation of such registration or comparable statement and to require the insertion therein of material
furnished to the Company in writing, which in the reasonable judgment of such holder and its counsel should be included; 

(l)    in the event of the issuance of any stop order suspending the effectiveness of a registration statement, or of any
order suspending or preventing the use of any related prospectus or suspending the qualification of any common stock included in such registration statement for sale in any jurisdiction, the Company shall use its best efforts promptly to obtain the
withdrawal of such order; 
 (m)    subject to Section 4(d) above, use its best efforts to cause any
Registrable Securities covered by such registration statement to be registered with or approved by such other governmental agencies or authorities as may be necessary to enable the sellers thereof to consummate the disposition of such Registrable
Securities; 

  
 6 

 (n)    obtain a cold comfort letter from the Company’s independent
public accountants in customary form and covering such matters of the type customarily covered by cold comfort letters as the holders of a majority of the Registrable Securities being sold reasonably request; 

(o)    if the offering is underwritten and at the request of any seller of Registrable Securities, use its best efforts
to furnish, on the date that Registrable Securities are delivered to the underwriters for sale pursuant to such registration, an opinion dated such date of counsel representing the Company for the purposes of such registration, addressed to the
underwriters and to such seller, stating that such registration statement has become effective under the Securities Act and that (i) to the best knowledge of such counsel, no stop order suspending the effectiveness thereof has been issued and
no proceedings for that purpose have been instituted or are pending or contemplated under the Securities Act, (ii) the registration statement, the related prospectus and each amendment or supplement thereof comply as to form in all material
respects with the requirements of the Securities Act (except that such counsel need not express any opinion as to financial statements contained therein) and (iii) to such other matters as reasonably may be requested by counsel for the
underwriters or by such seller or its counsel; and 
 (p)    In addition, the Company shall ensure that, at all times
after any registration statement covering a public offering of securities of the Company under the Securities Act shall have become effective, its insider trading policy shall provide that the Company’s directors may implement a trading program
under Rule 10b5-1 of the Securities Exchange Act. 
 5.    Registration
Expenses. 
 (a)    Payment of Registration Expenses. All expenses incident to the Company’s
performance of or compliance with this Agreement, including without limitation all registration and filing fees, fees and expenses of compliance with securities or blue sky laws, printing expenses, messenger and delivery expenses, fees and
disbursements of custodians, and fees and disbursements of counsel for the Company and all independent certified public accountants, underwriters (excluding discounts and commissions) and other Persons retained by the Company (all such expenses
being herein called “Registration Expenses”), shall be borne as provided in this Agreement, except that the Company shall, in any event, pay its internal expenses (including, without limitation, all salaries and expenses of
its officers and employees performing legal or accounting duties), the expense of any annual audit or quarterly review, the expense of any liability insurance and the expenses and fees for listing the securities to be registered on each securities
exchange on which similar securities issued by the Company are then listed or on, the NASD automated quotation system. 

(b)    Reimbursement of Registration Expenses. In connection with each Demand Registration and each
Piggyback Registration, the Company shall reimburse the holders of Registrable Securities included in such registration for the reasonable fees and disbursements of one counsel chosen by the holders of a majority of the Registrable Securities
included in such registration and for the reasonable fees and disbursements of each additional counsel retained by any holder of Registrable Securities for the purpose of rendering a legal opinion on behalf of such holder in connection with any
underwritten Demand Registration or Piggyback Registration. 
 (c)    Payment of Registration Expenses by Holders
of Registrable Securities. To the extent Registration Expenses are not required to be paid by the Company, each holder of securities included in any registration hereunder shall pay its proportionate share of all Registration Expenses based

  
 7 

 
upon the ratio of the aggregate selling price of each holder’s securities included therein to the aggregate selling price of all securities to be so registered. Such payment shall be made
promptly, but in no event later than three (3) business days following the closing of the Demand Registration or Piggyback Registration. 

6.    Indemnification. 

(a)    Indemnification by the Company. The Company agrees to indemnify, to the extent permitted by law, each
holder of Registrable Securities, its officers and directors and each Person who controls such holder (within the meaning of the Securities Act) against all losses, claims, damages, liabilities and expenses caused by any untrue or alleged untrue
statement of material fact contained in any registration statement, prospectus or preliminary prospectus or any amendment thereof or supplement thereto or any omission or alleged omission of a material fact required to be stated therein or necessary
to make the statements therein not misleading, except insofar as the same are caused by or contained in any information furnished in writing to the Company by such holder expressly for use therein or by such holder’s failure to deliver a copy
of the registration statement or prospectus or any amendments or supplements thereto after the Company has furnished such holder with a sufficient number of copies of the same. In connection with an underwritten offering, the Company shall indemnify
such underwriters, their officers and directors and each Person who controls such underwriters (within the meaning of the Securities Act) to the same extent as provided above with respect to the indemnification of the holders of Registrable
Securities. 
 (b)    Indemnification by the Holders of Registrable Securities. In connection with any
registration statement in which a holder of Registrable Securities is participating, each such holder shall furnish to the Company in writing such information and affidavits as the Company reasonably requests for use in connection with any such
registration statement or prospectus and, to the extent permitted by law, shall indemnify the Company, its directors and officers and each Person who controls the Company (within the meaning of the Securities Act) against any losses, claims,
damages, liabilities and expenses resulting from any untrue or alleged untrue statement of material fact contained in the registration statement, prospectus or preliminary prospectus or any amendment thereof or supplement thereto or any omission or
alleged omission of a material fact required to be stated therein or necessary to make the statements therein not misleading, but only to the extent that such untrue statement or omission is contained in any information or affidavit so furnished in
writing by such holder; provided that the obligation to indemnify shall be individual, not joint and several, for each holder and shall be limited to the net amount of proceeds received by such holder from the sale of Registrable Securities
pursuant to such registration statement. 
 (c)    Procedure for Indemnification. Any Person entitled to
indemnification hereunder shall (i) give prompt written notice to the indemnifying party of any claim with respect to which it seeks indemnification (provided that the failure to give prompt notice shall not impair any Person’s
right to indemnification hereunder to the extent such failure has not prejudiced the indemnifying party) and (ii) unless in such indemnified party’s reasonable judgment a conflict of interest between such indemnified and indemnifying
parties may exist with respect to such claim, permit such indemnifying party to assume the defense of such claim with counsel reasonably satisfactory to the indemnified party. If such defense is assumed, the indemnifying party shall not be subject
to any liability for any settlement made by the indemnified party without its consent (but such consent shall not be unreasonably withheld). An indemnifying party who is not entitled to, or elects not to, assume the defense of a claim shall not be
obligated to pay the fees and expenses of more than one (1) counsel for all parties indemnified by such indemnifying party with respect to such claim, unless in the reasonable judgment of any indemnified party a conflict of interest may exist
between such indemnified party and any other of such indemnified parties with respect to such claim. 

  
 8 

 (d)    Survival. The indemnification provided for under this
Agreement shall remain in full force and effect regardless of any investigation made by or on behalf of the indemnified party or any officer, director or controlling Person of such indemnified party and shall survive the transfer of securities. The
Company also agrees to make such provisions, as are reasonably requested by any indemnified party, for contribution to such party in the event the Company’s indemnification is unavailable for any reason. 

7.    Participation in Underwritten Registrations. No Person may participate in any
registration hereunder unless such Person: 
 (a)    in the case of a registration which is underwritten, agrees to
sell such Person’s securities on the basis provided in the applicable underwriting arrangement; provided, however, that no holder of less than ten percent (10%) of all Registrable Securities included in any underwritten
registration (other than an executive officer or director of the Company) shall be required to make any representations or warranties to the Company or the underwriters (other than representations and warranties regarding such holder, such
holder’s ownership of stock and such holder’s intended method of distribution) or to undertake any indemnification obligations to the Company or the underwriters with respect thereto, except as otherwise provided in Section 6
hereof; 
 (a)    as expeditiously as possible, notifies the Company, at any time when a prospectus relating to such
Person’s Registrable Securities is required to be delivered under the Securities Act, of the happening of any event as a result of which such prospectus contains an untrue statement of a material fact or omits any fact necessary to make the
statements therein not misleading; 
 (b)    complies with all reasonable requests made by the Company or its counsel
with respect to the registration of such Person’s Registrable Securities, including, without limitation, providing access to all relevant books and records; and 

(c)    completes, executes and delivers all questionnaires, powers of attorney, indemnities, underwriting agreements and
other usual and customary documents necessary or appropriate with respect to the offering of such Person’s Registrable Securities, and in the case of a registration which is underwritten, necessary or appropriate under the terms of such
underwriting arrangements (subject to the provision in Section 7(a) above). 
 8.    Definitions.

 (a)    The term “Common Stock” means the Company’s common stock, $0.001 par value per
share. 
 (b)    The term “Initiating Holders” means the holders of a majority of the outstanding
Investor Registrable Securities. 
 (c)    The term “Investor Registrable Securities” means all
Registrable Securities (i) initially issued by the Company to the Investor and (ii) all other Registrable Securities subsequently acquired by such Stockholders (including their permitted transferees). Investor Registrable Securities will
continue to be Investor Registrable Securities if held or acquired by any holder of Registrable Securities other than a holder of Management Registrable Securities. 

  
 9 

 (d)    The term “Management Registrable Securities” means
(i) all Registrable Securities initially issued to the Executives, including those issued under the Purchase Agreement and the Restricted Stock Agreements, as applicable and (ii) all Registrable Securities initially issued pursuant to a
Restricted Stock Agreement to other members of senior management of the Company who also become a party to this Agreement after the date hereof pursuant to Section 9(k) below. Management Registrable Securities will continue to be
Management Registrable Securities if held or acquired by any holder of Registrable Securities other than a holder of Investor Registrable Securities. 

(e)    The term “Other Registrable Securities” has the meaning specified in Section 1(e)
above. 
 (f)    The term “Person” means any individual, corporation, partnership, joint venture,
association, joint-stock company, limited liability company, trust or unincorporated organization. 
 (g)    The term
“Registration Expenses” has the meaning set forth in Section 5 above. 
 (h)    The term
“Registrable Securities” means (i) any Common Stock issued pursuant to the Purchase Agreement or any Restricted Stock Agreement, (ii) any other Common Stock issued or issuable with respect to the securities referred
to in clause (i) by way of a stock dividend or stock split or in connection with an exchange or combination of shares, recapitalization, merger, consolidation or other reorganization, and (iii) any other shares of Common Stock held by
Persons holding securities described in clauses (i) and (ii), inclusive above, including, without limitation, any shares of Common Stock issued upon conversion of the Company’s preferred stock. As to any particular Registrable Securities,
such securities shall cease to be Registrable Securities when they have been distributed to the public pursuant to an offering registered under the Securities Act or sold to the public through a broker, dealer or market maker in compliance with Rule
144 under the Securities Act (or any similar rule then in force) (“SEC Rule 144”). For purposes of this Agreement, a Person shall be deemed to be a holder of Registrable Securities whenever such Person has the right to acquire such
Registrable Securities (upon conversion of any capital stock or upon exercise of any options or warrants or in connection with a transfer of securities or otherwise, but disregarding any restrictions or limitations upon the exercise of such right),
whether or not such acquisition has actually been effected. 
 (i)    The term “Restricted Stock
Agreements” means those certain Senior Management and Restricted Stock Agreements between the Company and SailPoint Technologies, Inc. (the Company’s wholly-owned subsidiary), on the one hand, and Mark McClain and Kevin Cunningham,
respectively, on the other hand, and any other similar Restricted Stock Agreements entered into between the Company and other members of the Company’s management who also become a party to this Agreement after the date hereof pursuant to
Section 9(k) below. 
 (j)    The term “Securities Act” means the Securities Act of 1933,
as amended, or any similar federal law then in force. 
 (k)    The term “Securities Exchange Act”
means the Securities Exchange Act of 1934, as amended, or any similar federal law then in force.  

9.    Miscellaneous. 

(a)    No Inconsistent Agreements. The Company shall not hereafter enter into any agreement with respect to
its securities that is inconsistent with or violates the rights granted to the holders of Registrable Securities in this Agreement. 

  
 10 

 (b)    Adjustments Affecting Registrable Securities. The
Company shall not take any action, or permit any change to occur, with respect to its securities which would adversely affect the ability of the holders of Registrable Securities to include such Registrable Securities in a registration undertaken
pursuant to this Agreement or which would adversely affect the marketability of such Registrable Securities in any such registration. 

(c)    Remedies. Any Person having rights under any provision of this Agreement shall be entitled to
enforce such rights specifically to recover damages caused by reason of any breach of any provision of this Agreement and to exercise all other rights granted by law. The parties hereto agree and acknowledge that money damages may not be an adequate
remedy for any breach of the provisions of this Agreement and that any party may in its sole discretion apply to any court of law or equity of competent jurisdiction (without posting any bond or other security) for specific performance and for other
injunctive relief in order to enforce or prevent violation of the provisions of this Agreement. 

(d)    Amendments and Waivers. Except as otherwise provided herein, the provisions of this Agreement may be
terminated, amended, waived or otherwise modified only upon the prior written consent of the Company and the holders of a majority of all Investor Registrable Securities, and such termination, amendment, waiver or other modification shall be binding
on all Stockholders; provided, however, that if any modification, amendment or waiver would, by its terms, (i) adversely affect, in any material respect, the rights and obligations of any Stockholder in a manner disproportionate relative to the
other Stockholders in the same class of capital stock, or (ii) subjects a Stockholder to any obligation or liability not shared by each of the other Stockholders holding the same class of capital stock, such modification, amendment or waiver
shall not be effective without such Stockholder’s prior written consent. 
 (e)    Successors and
Assigns. All covenants and agreements in this Agreement by or on behalf of any of the parties hereto shall bind and inure to the benefit of the respective successors and assigns of the parties hereto whether so expressed or not. In addition,
whether or not any express assignment has been made, the provisions of this Agreement which are for the benefit of purchasers or holders of Registrable Securities are also for the benefit of, and enforceable by, any subsequent holder of Registrable
Securities. 
 (f)    Severability. Whenever possible, each provision of this Agreement shall be
interpreted in such manner as to be effective and valid under applicable law, but if any provision of this Agreement is held to be prohibited by or invalid under applicable law, such provision shall be ineffective only to the extent of such
prohibition or invalidity, without invalidating the remainder of this Agreement. 
 (g)    Counterparts;
Facsimile Transmission. This Agreement may be executed simultaneously in multiple counterparts, any one of which need not contain the signatures of more than one party, but all such counterparts taken together shall constitute one and the
same Agreement. Each party to this Agreement agrees that its own telecopied signature will bind it and that it accepts the telecopied signature of each other party to this Agreement. 

(h)    Descriptive Headings. The descriptive headings of this Agreement are inserted for convenience only
and do not constitute a part of this Agreement. 
 (i)    Governing Law. This Agreement shall be governed
by and construed in accordance with the domestic laws of the State of Delaware, without giving effect to any choice of law or conflict of law rules or provisions (whether of the State of Delaware or any other jurisdiction) that would cause the
application of the laws of any jurisdiction other than the State of Delaware. 

  
 11 

 (b)    Notices. All notices, demands or other
communications to be given or delivered under or by reason of the provisions of this Agreement shall be in writing and shall be deemed to have been given to the recipient when delivered personally, sent by facsimile or one day after being sent by
reputable overnight courier service (charges prepaid). Such notices, demands and other communications shall be sent to the addresses indicated on the books and records of the Company with respect to holders of Registrable Securities and to the
Company at the address of its corporate headquarters, or to such other address or to the attention of such other Person as the recipient party has specified by prior written notice to the sending party. 

(j)    New Parties. During the term of this Agreement, the Company may, with the consent of the
Company’s Board of Directors and TB, allow other Persons to become parties to this Agreement by executing a joinder agreement in a form acceptable to the Company and TB, and the Schedule of Holders attached hereto as Exhibit A
shall be revised and updated accordingly. 
 [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK] 

  
 12 

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

			
	SAILPOINT TECHNOLOGIES HOLDINGS, INC.
		
	By:	 	 /s/ Kevin Cunningham

	Name:	 	Kevin Cunningham
	Title:	 	President
	
	THOMA BRAVO FUND XI, L.P.
		
	By:	 	Thoma Bravo Partners XI, L.P.
	Its:	 	General Partner
		
	By:	 	Thoma Bravo, LLC
	Its:	 	General Partner
		
	By:	 	 /s/ Seth Boro

	Name:	 	Seth Boro
	Title:	 	Managing Partner
	
	THOMA BRAVO FUND XI-A, L.P.
		
	By:	 	Thoma Bravo Partners XI, L.P.
	Its:	 	General Partner
		
	By:	 	Thoma Bravo, LLC
	Its:	 	General Partner
		
	By:	 	 /s/ Seth Boro

	Name:	 	Seth Boro
	Title:	 	Managing Partner
	
	THOMA BRAVO EXECUTIVE FUND XI, L.P.
		
	By:	 	Thoma Bravo Partners XI, L.P.
	Its:	 	General Partner
		
	By:	 	Thoma Bravo, LLC
	Its:	 	General Partner
		
	By:	 	 /s/ Seth Boro

	Name:	 	Seth Boro
	Title:	 	Managing Partner

  
 [Signature Page to
Registration Rights Agreement] 

 EXECUTIVES: 
  

							
		 		 		 	MARK MCCLAIN
				
		 		 		 	 /s/ Mark McClain

		 		 		 	Mark McClain
				
		 		 		 	KEVIN CUNNINGHAM
				
		 		 		 	 /s/ Kevin Cunningham

		 		 		 	Kevin Cunningham
				
	STOCKHOLDERS:	 		 		 	
				
		 		 		 	MCCLAIN CHARITABLE REMAINDER UNITRUST
				
		 		 		 	 /s/ Mark McClain, TTEE

		 		 		 	Mark McClain, TTEE
				
		 		 		 	MARYANNE HATTEN
				
		 		 		 	 /s/ Maryanne Hatten

		 		 		 	Maryanne Hatten
				
		 		 		 	JAMES MCMARTIN
				
		 		 		 	 /s/ James McMartin

		 		 		 	James McMartin
				
		 		 		 	THOMAS BECK
				
		 		 		 	 /s/ Thomas Beck

		 		 		 	Thomas Beck
				
		 		 		 	CHRISTOPHER GOSSETT
				
		 		 		 	 /s/ Christopher Gossett

		 		 		 	Christopher Gossett
				
		 		 		 	DAVID CROW
				
		 		 		 	 /s/ David Crow

		 		 		 	David Crow

  
 [Signature Page to
Registration Rights Agreement] 

 
	
	JEFFERY LARSON
	
	 /s/ Jeffery Larson

	Jeffery Larson
	
	TROY DONLEY
	
	 /s/ Troy Donely

	Troy Donley
	
	MARTIN FREDRICKSON
	
	 /s/ Martin Fredrickson

	Martin Fredrickson

  
 [Signature Page to
Registration Rights Agreement]

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