Document:

Form of Stock Option Agreement

 Exhibit 10.14 

THE OPTIONS REPRESENTED BY THIS DOCUMENT AND THE UNDERLYING SHARES OF COMMON STOCK HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED
(THE “SECURITIES ACT”), OR ANY APPLICABLE STATE SECURITIES LAWS, AND MAY NOT BE SOLD OR TRANSFERRED, HEDGED OR OTHERWISE DISPOSED OF UNLESS (I) A REGISTRATION STATEMENT COVERING SUCH SECURITIES IS EFFECTIVE UNDER THE SECURITIES ACT,
OR (II) THE TRANSACTION IS NOT SUBJECT TO, OR IS EXEMPT FROM, REGISTRATION UNDER THE SECURITIES ACT. 
 COMVERSE TECHNOLOGY,
INC. 
 Stock Option Agreement 

This STOCK OPTION AGREEMENT governs the terms and conditions of the stock option (the “Option”) specified in the Electronic
Grant Acceptance Web Page (the “Notice of Grant”) to which this Stock Option Agreement is attached and entitles the person to whom the Notice of Grant is addressed (the “Grantee”) to purchase from the Company the number of shares
of Common Stock indicated in the Notice of Grant, subject to adjustment as set forth in the Comverse Technology, Inc. 2005 Stock Incentive Compensation Plan, as such plan may be amended from time to time (the “Plan”). The Option is
intended to be a non-qualified stock option, and is not intended to be treated as an option that complies with Section 422 of the Code. 

Capitalized terms used but not otherwise defined herein shall have the meaning ascribed thereto in the Plan. 

1. The Option. The Option is granted pursuant to the Plan and is effective from and after the date of grant specified in the Notice of
Grant (the “Date of Grant”). The Grantee, by clicking on the “Accept Grant” button in the Notice of Grant, acknowledges that the Option is in all respects subject to and governed by the terms of this Stock Option Agreement and of
the Plan. The Grantee acknowledges receipt of the Plan and that the provisions of the Plan are incorporated herein by reference in their entirety. In the event of a conflict between any term or provision contained herein and a term or provision of
the Plan, the applicable terms and provisions of the Plan will govern and prevail. 
 2. The Option Price. The purchase price of
the shares of Common Stock issuable upon exercise of the Option is the price specified in the Notice of Grant, subject to adjustment as provided in the Plan (the “Option Price”), which price is agreed to be not less than the fair market
value of the shares of Common Stock on the Date of Grant. 

 3. Exercise of Option. 

(a) The exercise of the Option and the acquisition, holding and disposition of the shares of Common Stock shall be subject to the terms
and provisions of the Plan and this Stock Option Agreement. Neither the Grantee nor the Grantee’s legal representatives, legatees or distributees shall be or be deemed to be the holder of any of the shares of Common Stock unless and until the
Option shall have been duly exercised and certificates representing such shares of Common Stock shall have been issued. Upon payment of the Option Price in accordance with the terms hereof, the shares of Common Stock shall be fully paid and
nonassessable. 
 (b) Except as otherwise expressly provided in this Stock Option Agreement or in the Plan, the right to
purchase shares of Common Stock under the Option shall vest and become nonforfeitable [in equal installments on each of the first, second, third and fourth anniversaries of the Date of Grant] (each, a “Vesting Date”); provided, that the
Grantee remains in Continuous Service on the applicable Vesting Date. The Option shall become exercisable at each Vesting Date for the number of shares of Common Stock vesting at such date, and shall thereafter remain exercisable as to such shares
of Common Stock until it is exercised in full or terminates; provided that in no event shall the Option be exercisable after the expiration of ten years from the Date of Grant. Upon cessation of the Grantee’s Continuous Service for any reason,
the Option shall cease to vest and shall thereafter be exercisable, within the applicable limits referred to in Section 5 (generally for 90 days after termination, or one year in the case of death), only for the number of shares of Common Stock
that had become vested or exercisable as of the date of such cessation of Continuous Service in accordance with the terms of this Stock Option Agreement and the Plan. 

Notwithstanding any other provision of the Plan, the Notice of Grant or this Stock Option Agreement to the contrary, the Option (or any
portion thereof) may not be exercised prior to the first date on which there is an Effective Registration in place; provided, that if there is no Effective Registration in place upon the expiration of the applicable limits referred to in
Section 5, such time period shall be extended to the date which is 30 days after the date there is an Effective Registration in place but in no event later than the date that is ten years from the Date of Grant. For purposes of this Stock
Option Agreement, “Effective Registration” shall mean the registration of the Option or the shares of Common Stock pursuant to an effective registration statement on Form S-8 or any successor form under the Securities Act of 1933, as
amended (the “Securities Act”). 
 (c) The person at the time entitled to exercise the Option (the “Option
Holder”) may exercise the Option by delivering to the Company, not more than thirty calendar days prior to the date upon which all or any portion of the Option is to be exercised, written notice (the “Notice”) of her or his election
to exercise all or a part of the Option, which Notice shall specify the date for the exercise of the Option and the number of shares of Common Stock in respect of which the Option is to be exercised. The date specified in the Notice shall be a
business day of the Company. In the event that, at the time an Option Holder desires to exercise an Option, the Company shall have in effect an arrangement with a financial institution (the “Designated Broker”) providing facilities for the
exercise of Options and the payment of the Option Price, the Option Holder may cause the Option to be exercised on his behalf by the Designated Broker upon such terms and subject to such conditions as shall exist as part of such arrangement.

  

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 (d) Upon the exercise of the Option in accordance with the immediately preceding paragraph,
the Option Price of the shares of Common Stock in respect of which the Option is exercised shall be paid in full by or for the account of the Option Holder, (A) in cash or its equivalent (e.g., by check), (B) to the extent permitted by the
Committee, in shares of Common Stock having a Fair Market Value equal to the aggregate Option Price (with the shares of Common Stock valued using the closing price of the Common Stock on the date of exercise of the Option) for the shares of Common
Stock being purchased and satisfying such other requirements as may be imposed by the Committee, (C) partly in cash and, to the extent permitted by the Committee, partly in such shares of Common Stock, (D) to the extent permitted by the
Committee, by reducing the number of shares of Common Stock otherwise deliverable upon the exercise of the Option by the number of shares of Common Stock having a Fair Market Value equal to the aggregate Option Price (with the shares of Common Stock
valued using the closing price of the Common Stock on the date of exercise of the Option), or (E) if there is a public market for the shares of Common Stock at such time, to the extent permitted by the Committee and subject to such requirements
as may be imposed by the Committee, through the delivery of irrevocable instructions to a broker to sell shares of Common Stock obtained upon the exercise of the Option and to deliver promptly to the Company an amount out of the proceeds of such
sale equal to the aggregate Option Price for the shares of Common Stock being purchased. The Committee may prescribe any other method of payment that it determines to be consistent with applicable law. 

(e) Upon the Company’s determination that the Option has been validly exercised as to any of the shares of Common Stock, the Company
shall issue certificates in the Option Holder’s name for such shares of Common Stock. However, the Company shall not be liable to the Option Holder for damages relating to any delays in issuing the certificates to him, any loss of the
certificates, or any mistakes or errors in the issuance of the certificates or in the certificates themselves. 
 (f) The
Options represented by this Stock Option Agreement and the underlying shares of Common Stock have not been registered under the securities act, or any applicable state securities laws, and may not be sold, transferred, hedged or otherwise disposed
of unless (i) a registration statement covering such securities is effective under the Securities Act or (ii) the transaction is not subject to, or is exempt from, registration under the Securities Act. If, and to the extent that, in the
judgment of the Company the exercise of the Option may, under applicable laws or regulations in effect at the time of exercise, subject the Company to any obligation to withhold or pay amounts for federal, state, local, social security, or any other
taxes, the exercise of the Option and the issuance of any shares of Common Stock thereunder shall be subject to such conditions, including the payment of funds to the Company or the offset of amounts otherwise payable by the Company, as the Company
may determine to be necessary or otherwise appropriate to satisfy such obligation. 
  

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 4. Adjustment of Option. The number of shares of Common Stock issuable upon exercise of the
Option, or the amount and kind of other securities issuable in addition thereto or in lieu thereof upon the occurrence of certain events specified in the Plan, shall be determined and subject to adjustment, as the case may be, in accordance with the
procedures specified therein. Any such adjustment shall be made to the nearest whole share, and no fractional shares shall be issued as a result of any adjustment pursuant to this Section. 

5. Transfer of Option; Termination of Employment. Neither the Option nor any interest therein shall be assignable or transferable except
as expressly permitted by, and in accordance with the applicable terms and conditions of, the Plan. Upon the Grantee’s cessation of Continuous Service for any reason, subject to the applicable terms and conditions of this Stock Option Agreement
and the Plan, the Option may be exercised within the time limits described in the Plan by the person or persons specified therein as to the number of shares of Common Stock vested or exercisable as of the date of such cessation of Continuous Service
in accordance with subsection 3(b). 
 6. Miscellaneous. 

(a) As a condition of the grant of the Option, the Grantee hereby agrees, for himself and his personal representatives, successors and
assigns, that any dispute which may arise under or as a result of the application of the terms and conditions of this Stock Option Agreement or the Plan shall be determined by the Board or any Committee thereof to whom the administration of the Plan
is delegated thereunder, which determination shall be final, binding and conclusive. 
 (b) The existence of the Option shall
not be deemed to constitute or confer upon the Option Holder any rights as a shareholder of the Company (including, without limitation rights to dividends) until the Option Holder has given the Notice of exercise of the Option, paid in full for such
shares of Common Stock and, if applicable, has satisfied any other conditions imposed by the Committee pursuant to the Plan, and shall not be deemed to affect in any way the right or power of the Company or its shareholders to make or authorize to
be made (i) any adjustments, recapitalizations, reorganizations or other changes in the capital structure or business of the Company, (ii) any merger or consolidation of the Company with or into any other corporation or entity,
(iii) any issue of bonds, debentures or capital stock entitling the holders thereof to rights, preferences or privileges superior to the holders of shares of Common Stock in respect of such shares, (iv) the dissolution or liquidation of
the Company, or the sale or transfer of all or any part of its assets or business or (v) any other corporate act or proceeding, whether of a similar character or otherwise. 

(c) Any notification required by the terms of this Stock Option Agreement shall be given in writing and shall be deemed effective upon
personal delivery or within three (3) days of deposit with the United States Postal Service, by registered or certified mail, with postage and fees prepaid. A notice shall be addressed to the Company, Attention: General Counsel, at its
principal executive office and to the Grantee at the address that he or she most recently provided to the Company. 
  

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 (d) In the event that the Option Holder shall at any time sell any of the shares of Common
Stock, he shall give written notice of such sale to the Company not later than ten days after the date thereof, which notice shall state the number of shares of Common Stock sold and the amount received upon such sale. 

(e) This Stock Option Agreement shall be binding upon and shall inure to the benefit of any successor or assign of the Company and, to
the extent provided herein and in the Plan, shall be binding upon and inure to the benefit of the Grantee’s legal representatives, successors and assigns. 

(f) Nothing in this Stock Option Agreement or in the Plan shall confer upon the Grantee any right to any future Awards and to continue in
Continuous Service for any period of specific duration or interfere with or otherwise restrict in any way the rights of the Company, any Subsidiary or any Affiliate, which rights are hereby expressly reserved by each, to terminate the Continuous
Service of the Grantee at any time and for any reason. 
 (g) This Stock Option Agreement shall be governed by and construed in
accordance with the laws of the State of New York applicable to contracts made and to be performed entirely in such State, excluding any conflicts or choice of law rule or principle that might otherwise refer construction or interpretation of the
Stock Option Agreement or the Plan to the substantive law of another jurisdiction. 
 (h) No waiver of any breach or condition
of this Stock Option Agreement shall be deemed to be a waiver of any other or subsequent breach or condition whether of like or different nature. 

(i) The provisions of this Stock Option Agreement are severable and if any one or more provisions are determined to be illegal or
otherwise unenforceable, in whole or in part, the remaining provisions shall nevertheless be binding and enforceable. 
 (j)
Section and sub-section headings are for convenient reference only and shall not control or affect the meaning or construction of any of its provisions. 

(k) This Stock Option Agreement, together with the Notice of Grant and the Plan, constitutes the entire agreement and understanding
between the Company and the Grantee relative to the subject matter hereof. They supersede any other agreements, representations or understandings (whether oral or written and whether express or implied) which relate to the subject matter hereof.
This Stock Option Agreement may be amended, modified or superseded, except as otherwise expressly provided in the Plan, only by a written instrument duly executed by the party or parties sought to be bound thereby. 

 

 5Form of Indemnification Agreement between Comverse and its Officers & Directors

 Exhibit 10.16 

INDEMNIFICATION AGREEMENT 

INDEMNIFICATION AGREEMENT (the “Agreement”), dated as of
[            ], [            ], between Comverse Technology, Inc., a New York corporation (the “Company”), and
[            ] (the “Indemnitee”). 
 WHEREAS, it
is essential to the Company to attract and retain as directors and officers the most capable persons available; 
 WHEREAS,
Indemnitee is or will be a director or officer of the Company; 
 WHEREAS, both the Company and Indemnitee recognize the risk of
litigation and other claims being asserted against directors and officers of public companies; 
 WHEREAS, the By-laws of the
Company require the Company to indemnify and advance expenses to its directors and officers to the fullest extent permitted by law and the Indemnitee has been or will be serving as a director or officer of the Company in part in reliance on such
By-laws; 
 WHEREAS, in recognition of Indemnitee’s need for substantial protection against personal liability in order to
enhance Indemnitee’s continued service to the Company in an effective manner, and Indemnitee’s reliance on the aforesaid By-laws, and in part to provide Indemnitee with specific contractual assurance that the protection promised by such
By-laws will be available to Indemnitee, regardless of, among other things, any amendment to or revocation of such By-laws or any change in the composition of the Board of Directors of the Company (the “Board of Directors”) or
acquisition transaction relating to the Company, the Company wishes to provide in this Agreement for the indemnification of and the advancing of expenses to Indemnitee to the fullest extent (whether partial or complete) permitted by law and as set
forth in this Agreement, and, to the extent insurance is maintained, for the continued coverage of Indemnitee under the Company’s directors’ and officers’ liability insurance policies; 

NOW, THEREFORE, in consideration of the premises and of Indemnitee continuing to serve the Company directly or, at its request, another
enterprise, and intending to be legally bound hereby, the parties hereto agree as follows: 
  

	1.	Certain Definitions: 

  

	 	(a)	 Change in Control: shall be deemed to have occurred if (i) any “person” (as such term is used in Sections 13(d) and 14(d) of the
Securities Exchange Act of 1934, as amended), other than a trustee or other fiduciary holding securities under an employee benefit plan of the Company or an entity owned directly or indirectly by the shareholders of the Company in substantially the
same proportions as their ownership of stock of the 

	 	 
Company, is or becomes the “beneficial owner” (as defined in Rule 13d-3 under said Act), directly or indirectly, of securities of the Company representing 10% or more of the total
voting power represented by the Company’s then outstanding Voting Securities (or 20% if such person is eligible to report such ownership on Schedule 13G), or (ii) during any period of two consecutive years, individuals who at the beginning
of such period constitute the Board of Directors and any new director whose election by the Board of Directors or nomination for election by the Company’s shareholders was approved by a vote of at least two-thirds (2/3) of the directors
then still in office who either were directors at the beginning of the period or whose election or nomination for election was previously so approved, cease for any reason to constitute a majority thereof, or (iii) the shareholders of the
Company approve (x) a merger or consolidation of the Company with any other entity, other than a merger or consolidation which would result in the Voting Securities of the Company outstanding immediately prior thereto continuing to represent
(either by remaining outstanding or by being converted into Voting Securities of the surviving entity) at least 80% of the total voting power represented by the Voting Securities of the Company or such surviving entity outstanding immediately after
such merger or consolidation, or (y) a plan of complete liquidation of the Company or (z) an agreement for the sale or disposition by the Company of (in one transaction or a series of transactions) all or substantially all the
Company’s assets. 

  

	 	(b)	Claim: any threatened, pending or completed action, suit, arbitration or proceeding, or any inquiry or investigation, and any appeal thereof, whether instituted
by the Company or any other party (including, without limitation, any governmental entity), that Indemnitee in good faith believes might lead to the institution of any such action, suit, arbitration or proceeding, whether civil, criminal,
administrative, investigative or other. 

  

	 	(c)	Expenses: include all attorneys’ and experts’ fees, expenses and charges and all other costs, expenses and obligations paid or incurred in connection
with investigating, defending, being a witness in or participating in (including on appeal), or preparing to defend, be a witness in or participate in, any Claim relating to any Indemnifiable Event (it being understood that Indemnitee shall have the
right to choose counsel to represent Indemnitee in any matter for which an indemnification or Expense Advance might be sought under this Agreement). 

  

	 	(d)	 Indemnifiable Event: any event or occurrence, occurring prior to or after the date of this Agreement, related to the fact that Indemnitee is,
was or agreed to serve as, a director, officer, employee, consultant, trustee, agent or fiduciary of the Company, or is or was serving or agreed to serve, at the request of the Company, as a director, officer, employee, consultant, trustee, agent or
fiduciary of another corporation, partnership, limited 

  

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liability company, joint venture, employee benefit plan, trust or other entity or enterprise, or by reason of anything done or not done by Indemnitee in any such capacity.

  

	 	(e)	Independent Legal Counsel: an attorney or firm of attorneys, selected in accordance with the provisions of Section 3, who shall not have otherwise performed
services for the Company or any affiliate of the Company or Indemnitee within the preceding five years (other than with respect to matters concerning the rights of Indemnitee under this Agreement, or of other indemnitees under similar indemnity
agreements). 

  

	 	(f)	Potential Change in Control: shall be deemed to have occurred if (i) the Company enters into an agreement the consummation of which would result in the
occurrence of a Change in Control; (ii) any person (including the Company) publicly announces an intention to take or to consider taking actions which, if consummated, would constitute a Change in Control; (iii) any person, other than a
trustee or other fiduciary holding securities under an employee benefit plan of the Company or an entity owned, directly or indirectly, by the shareholders of the Company in substantially the same proportions as their ownership of stock of the
Company, who is or becomes the beneficial owner, directly or indirectly, of securities of the Company representing 9.5% or more of the combined voting power of the Company’s then outstanding Voting Securities, increases such person’s
beneficial ownership of such securities by five percentage points (5%) or more over the percentage so owned by such person; or (iv) the Board of Directors adopts a resolution to the effect that, for purposes of this Agreement, a Potential
Change in Control has occurred. 

  

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

  

	 	(h)	Voting Securities: any securities of the Company which vote generally in the election of directors. 

 

	2.	Basic Indemnification Arrangement. 

  

	 	(a)	 In the event Indemnitee was, is or becomes a party to or witness or other participant in, or is threatened to be made a party to or witness or other
participant in, a Claim by reason of (or arising all or in part out of) an Indemnifiable Event, the Company shall indemnify Indemnitee to the fullest extent permitted by law as soon as practicable, but in any event no later than thirty days after
written demand is presented to the Company, 

  

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against any and all Expenses, judgments, fines (including excise taxes assessed on the Indemnitee with respect to an employee benefit plan), penalties and amounts paid in settlement (including
all interest, assessments and other charges paid or payable in connection with or in respect of such Expenses, judgments, fines, penalties or amounts paid in settlement) of such Claim. If so requested by Indemnitee, the Company shall advance (within
two business days of such request) any and all Expenses to Indemnitee (an “Expense Advance”) to the extent permitted by law. Notwithstanding anything in this Agreement to the contrary, prior to a Change in Control, Indemnitee shall
not be entitled to indemnification pursuant to this Agreement in connection with any Claim initiated by Indemnitee, other than pursuant to Sections 5 or 20, unless the Board of Directors has authorized or consented to the initiation of such Claim.

  

	 	(b)	 Notwithstanding the foregoing, (i) the obligations of the Company under Section 2(a) shall be subject to the condition that the Reviewing
Party shall not have determined (in a written opinion, in any case in which the Independent Legal Counsel referred to in Section 3 hereof is involved) that Indemnitee would not be permitted to be indemnified under applicable law, and
(ii) the obligation of the Company to make an Expense Advance pursuant to Section 2(a) shall be subject to the condition that, if, when and to the extent that the Reviewing Party determines that Indemnitee would not be permitted to be
indemnified under applicable law, the Company shall be entitled to be reimbursed by Indemnitee (who hereby agrees to reimburse the Company) for all such amounts theretofore paid; provided, however, that if Indemnitee has commenced or thereafter
commences legal proceedings in a court of competent jurisdiction to secure a determination that Indemnitee should be indemnified under applicable law, any determination made by the Reviewing Party that Indemnitee would not be permitted to be
indemnified under applicable law shall not be binding and Indemnitee shall not be required to reimburse the Company for any Expense Advance until a final judicial determination is made with respect thereto (as to which all rights of appeal therefrom
have been exhausted or lapsed). If there has not been a Change in Control, the Reviewing Party shall be selected by the Board of Directors and, if there has been a Change in Control (other than a Change in Control which has been approved by a
majority of the Board of Directors who were directors immediately prior to such Change in Control), the Reviewing Party shall be the Independent Legal Counsel referred to in Section 3 hereof. If there has been no determination by the Reviewing
Party within thirty days or if the Reviewing Party determines that Indemnitee would not be permitted to be indemnified in whole or in part under applicable law, Indemnitee shall have the right to commence litigation in any court of competent
jurisdiction seeking an initial determination by the court or challenging any such determination by the Reviewing Party or any aspect thereof, 

 

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including the legal or factual bases therefor, and the Company hereby consents to service of process and to appear in any such proceeding. Any determination by the Reviewing Party otherwise shall
be conclusive and binding on the Company and Indemnitee. 

  

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

  

	4.	 Establishment of Trust. In the event of a Potential Change in Control, to the extent permitted by law, the Company shall, upon written request
by Indemnitee, create a trust for the benefit of Indemnitee and, from time to time upon written request of Indemnitee, shall fund such trust in an amount sufficient to satisfy any and all Expenses reasonably anticipated at the time of each such
request to be incurred in connection with investigating, preparing for and defending any Claim relating to an Indemnifiable Event, and any and all judgments, fines, penalties and settlement amounts of any and all Claims relating to an Indemnifiable
Event from time to time actually paid or claimed, reasonably anticipated or proposed to be paid. The amount or amounts to be deposited in the trust pursuant to the foregoing funding obligation shall be determined by the Reviewing Party, in any case
in which the Independent Legal Counsel referred to above is involved. The terms of the trust shall provide that upon a Change in Control (i) the trust shall not be revoked or the principal thereof invaded, without the written consent of the
Indemnitee, (ii) the trustee shall advance, within two business days of a request by the Indemnitee, any and all Expenses to the Indemnitee (and the Indemnitee hereby agrees to reimburse the trust under the circumstances under which the
Indemnitee would be required to reimburse the Company under Section 2(b) of this Agreement), (iii) the trust shall continue to be funded by the Company in accordance with the funding obligation set forth above, (iv) the trustee shall
promptly pay to Indemnitee all amounts for which Indemnitee shall be entitled to indemnification pursuant to this Agreement or otherwise, and (v) all unexpended funds in such trust shall revert to the Company upon a final determination by the

  

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Reviewing Party or a court of competent jurisdiction, as the case may be, that Indemnitee has been fully indemnified under the terms of this Agreement. The trustee shall be a bank, trust company
or other financial institution chosen by Indemnitee. Nothing in this Section 4 shall relieve the Company of any of its obligations under this Agreement. 

 

	5.	Indemnification for Additional Expenses. The Company shall indemnify Indemnitee against any and all expenses (including attorneys’ fees) and, if requested
by Indemnitee, shall (within two business days of such request) advance such expenses to Indemnitee, which are incurred by Indemnitee in connection with any action brought by Indemnitee for (i) indemnification or advance payment of Expenses by
the Company under this Agreement or any other agreement or the Company’s By-laws now or hereafter in effect relating to Claims for Indemnifiable Events and/or (ii) recovery under any directors’ and officers’ liability insurance
policies maintained by the Company, regardless of whether Indemnitee ultimately is determined to be entitled to such indemnification, advance expense payment or insurance recovery, as the case may be. 

 

	6.	Partial Indemnity, Etc. If Indemnitee is entitled under any provision of this Agreement to indemnification by the Company for some or a portion of the Expenses,
judgments, fines, penalties and amounts paid in settlement of a Claim but not, however, for all of the total amount thereof, the Company shall nevertheless indemnify Indemnitee for the portion thereof to which Indemnitee is entitled. Moreover,
notwithstanding any other provision of this Agreement, to the extent that Indemnitee has been successful on the merits or otherwise in defense of any or all Claims relating in whole or in part to an Indemnifiable Event or in defense of any issue or
matter therein, including dismissal without prejudice, Indemnitee shall be indemnified against all Expenses incurred in connection therewith. 

  

	7.	Burden of Proof. In connection with any determination by the Reviewing Party or otherwise as to whether Indemnitee is entitled to be indemnified hereunder the
burden of proof shall be on the Company to establish that Indemnitee is not so entitled. 

  

	8.	Settlement. The Company shall not, without the prior written consent of Indemnitee, effect any settlement of any threatened or pending Claim to which Indemnitee
is or could have been a party, unless such settlement solely involves the payment of money and includes an unconditional release of Indemnitee from all liability on any claims that are the subject matter of such Claim. 

 

	9.	 No Presumptions. For purposes of this Agreement, the termination of any claim, action, suit or proceeding, by judgment, order, settlement
(whether with or without court approval) or conviction, or upon a plea of nolo contendere, or its equivalent, shall not create a presumption that Indemnitee did not meet any particular standard of conduct or have any particular belief or that a
court has 

  

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determined that indemnification is not permitted by applicable law. In addition, neither the failure of the Reviewing Party to have made a determination as to whether Indemnitee has met any
particular standard of conduct or had any particular belief, nor an actual determination by the Reviewing Party that Indemnitee has not met such standard of conduct or did not have such belief, prior to the commencement of legal proceedings by
Indemnitee to secure a judicial determination that Indemnitee should be indemnified under applicable law shall be a defense to Indemnitee’s claim or create a presumption that Indemnitee has not met any particular standard of conduct or did not
have any particular belief. 

  

	10.	Nonexclusivity, Etc. The rights of the Indemnitee hereunder shall be in addition to any other rights Indemnitee may have under the Company’s By-laws, the
New York Business Corporation Law, any vote of shareholders or disinterested directors or otherwise. To the extent that a change in the New York Business Corporation Law (whether by statute or judicial decision) permits greater indemnification by
agreement than would be afforded currently under the Company’s By-laws and this Agreement, it is the intent of the parties hereto that Indemnitee shall enjoy by this Agreement the greater benefits so afforded by such change. To the extent that
a change in the New York Business Corporation Law (whether by statute or judicial decision) narrows the right of the Company to indemnify its directors and officers, such changes, to the extent not otherwise required by law, shall have no effect on
this Agreement or the parties’ rights and obligations hereunder. No repeal or modification of the Company’s Certificate of Incorporation or By-laws shall in any way diminish or adversely affect the rights of the Indemnitee under this
Agreement. 

  

	11.	Liability Insurance. To the extent the Company maintains an insurance policy or policies providing directors’ and officers’ liability insurance,
Indemnitee shall be covered by such policy or policies, in accordance with its or their terms, to the maximum extent of the coverage available for any Company director or officer. If, at the time of the receipt of a demand for indemnification or
Expense Advance, the Company maintains directors’ and officers’ liability insurance, the Company shall give prompt notice of the commencement of such proceeding to the insurers in accordance with the procedures set forth in the insurance
policies. The Company shall thereafter take all necessary or desirable action to cause such insurers to pay, on behalf of the Indemnitee, all amounts payable as a result of such proceeding in accordance with the terms of such policies.

  

	12.	Period of Limitations. No legal action shall be brought and no cause of action shall be asserted by or in the right of the Company against Indemnitee,
Indemnitee’s spouse, heirs, executors or personal or legal representatives after the expiration of two years from the date of accrual of such cause of action, and any claim or cause of action of the Company shall be extinguished and deemed
released unless asserted by the timely filing of a legal action within such two-year period; provided, however, that if any shorter period of limitations is otherwise applicable to any such cause of action, such shorter period shall govern.

  

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	13.	Amendments, Etc. No supplement, modification or amendment of this Agreement shall be binding unless executed in writing by both of the parties hereto. No waiver
of any of the provisions of this Agreement shall be effective unless in writing executed by party sought to be charged, and no waiver shall be deemed or shall constitute a waiver of any other provisions hereof (whether or not similar) nor shall such
waiver constitute a continuing waiver. 

  

	14.	Subrogation. In the event of payment under this Agreement, the Company shall be subrogated to the extent of such payment to all of the rights of recovery of
Indemnitee, who shall execute all papers required and shall do everything that may be necessary to secure such rights, including the execution of such documents necessary to enable the Company effectively to bring suit to enforce such rights.

  

	15.	No Duplication of Payments. The Company shall not be liable under this Agreement to make any payment in connection with any Claim made against Indemnitee to the
extent Indemnitee has otherwise actually received payment (under any insurance policy or otherwise) of the amounts otherwise indemnifiable hereunder. 

  

	16.	Successors; Binding Effect. This Agreement shall be binding upon and inure to the benefit of and be enforceable by the parties hereto and their respective
successors, assigns, including any direct or indirect successor by purchase, merger, consolidation or otherwise to all or substantially all of the business and/or assets of the Company, spouses, heirs, executors and personal and legal
representatives. This Agreement shall continue in effect regardless of whether Indemnitee continues to serve as an officer or director of the Company or of any other enterprise at the Company’s request. 

 

	17.	Severability. The provisions of this Agreement shall be severable in the event that any of the provisions hereof (including any provision within a single
section, paragraph or sentence) are held by a court of competent jurisdiction to be invalid, void or otherwise unenforceable in any respect, and the validity and enforceability of any such provision in every other respect and of the remaining
provisions hereof shall not be in any way impaired and shall remain enforceable to the fullest extent permitted by law. Furthermore, if such invalid or unenforceable undertaking may be modified or amended so as to be valid and enforceable as a
matter of law, such undertaking will be deemed to have been modified or amended, and any competent court or arbitrator are hereby authorized to modify or amend such undertaking, so as to be valid and enforceable to the maximum extent permitted by
law. 

  

	18.	 Notices. All notices, requests, demands and other communications under this Agreement shall be in writing and shall be deemed duly given
(i) if delivered by hand to, and received by, the party addressee, on the date of such receipt or (ii) if mailed by domestic certified or registered mail with postage prepaid, upon actual

  

 8 

	 	 
receipt. Addresses for notice to any party are shown on the signature page of this Agreement, or as subsequently modified by written notice. 

 

	19.	Additional Acts, Etc. If for the validation of any of the undertakings in this Agreement any act, resolution, approval or other procedure is required, the
Company undertakes to cause such act, resolution, approval or other procedure to be affected or adopted in a manner that will enable the Company to fulfill its obligations under this Agreement. 

 

	20.	Fees and Expenses of Enforcement. It is the intent of the Company that Indemnitee not be required to incur legal fees and or other Expenses associated with the
interpretation, enforcement or defense of Indemnitee’s rights under this Agreement by litigation or otherwise because the cost and expense thereof would substantially detract from the benefits intended to be extended to the Indemnitee
hereunder. Accordingly, without limiting the generality or effect of any other provision hereof, if it should appear to Indemnitee that the Company has failed to comply with any of its obligations under this Agreement or in the event that the
Company or any other person takes or threatens to take any action to declare this Agreement void or unenforceable, or institutes any litigation or other action or proceeding designed to deny, or to recover from, the Indemnitee the benefits provided
or intended to be provided to the Indemnitee hereunder, the Company irrevocably authorizes the Indemnitee from time to time to retain counsel of Indemnitee’s choice, at the expense of the Company, to advise and represent the Indemnitee in
connection with any such interpretation, enforcement or defense, including without limitation the initiation or defense of any litigation or other legal action, whether by or against the Company or any director, officer, shareholder or other person
affiliated with the Company. Without respect to whether the Indemnitee prevails, in whole or in part, in connection with any of the foregoing, the Company will pay and be solely financially responsible for any and all attorneys’ and related
fees and expenses incurred by the Indemnitee in connection with any of the foregoing. 

  

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

  

	22.	Governing Law. This Agreement shall be governed by and construed and enforced in accordance with the laws of the State of New York applicable to contracts made
and to be performed in such state without giving effect to the principles of conflicts of laws. 

  

 9 

	23.	Effective Date. This Agreement shall become effective on the first day on which the Indemnitee commences employment with the Company, currently scheduled for
[            ], [            ]. 

[Execution Page Follows] 
  

 10 

 IN WITNESS WHEREOF, the parties hereto have executed this Agreement this
     day of [            ], [            ]. 

 

			
	Comverse Technology, Inc.
		
	 By:
	 	  

		 	 Name:

		 	 Title:

		 	 Address:

	
	 Indemnitee

		
	 By:
	 	  

		 	 Name:

		 	 Address:

 

 11

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