Document:

Letter Agreement

 Exhibit 10.1 
 GAYLORD ENTERTAINMENT COMPANY 
 One Gaylord Drive 

Nashville, Tennessee 37214 
 January 13, 2012 
 CONFIDENTIAL 

TRT Holdings, Inc. 
 600 East Las Colinas Blvd.

 Suite 1900 
 Irving, Texas 75039

 Attention: Mr. Robert B. Rowling, Chairman of the Board 
 Ladies and Gentlemen: 
 This letter sets forth our agreement concerning certain
matters relating to Gaylord Entertainment Company (“Gaylord”) and its subsidiaries (Gaylord, together with its subsidiaries, is referred to herein as “GET”) in consideration of Gaylord’s agreement to include the Binding
Rights Plan Proposal (as defined below) in Gaylord’s proxy statement (the “2012 Proxy Statement”) for its 2012 annual meeting of stockholders (the “2012 Annual Meeting”) on the terms set forth herein in connection with the
shareholder proposal dated December 1, 2011 (the “GAMCO Proposal”), received by Gaylord from GAMCO Asset Management Inc. (“GAMCO”) requesting that the Board of Directors of Gaylord (the “Board”) not extend the
August 12, 2012 expiration date of the amended and restated rights agreement dated as of March 9, 2009, by and between Gaylord and Computershare Trust Company, N.A., as amended (the “Rights Plan”), without stockholder approval,
and certain other agreements of Gaylord set forth herein. As a condition to Gaylord doing so, Gaylord requires that you agree, by your execution and delivery of this letter agreement, to the confidentiality and other terms of this letter agreement
(including Annex A attached hereto). In addition, by execution of this letter agreement, you and Gaylord agree to the non-disparagement provisions set forth in Annex A. 

Gaylord shall include the GAMCO Proposal in the 2012 Proxy Statement, and in the event that the GAMCO Proposal is approved by the
stockholders of Gaylord at the 2012 Annual Meeting, Gaylord will not extend the term of the Rights Plan beyond its August 12, 2012 expiration date (the “Binding Rights Plan Proposal”). In addition, on or prior to the date of the
execution and delivery of this letter agreement, Gaylord has revised its corporate governance guidelines to include a policy with respect to shareholder rights plans in the form attached hereto as Annex B. 

Gaylord shall cause Gaylord’s slate of director nominees standing for election, and recommended by the Board, at the 2012 Annual
Meeting to include (x) David W. Johnson and Terrell T. Philen, Jr. (collectively, the “TRT Directors”), and (y) Glenn J. Angiolillo and Robert S. Prather, Jr. (unless Messrs. Angiolillo and/or Prather is unwilling or unable to
serve as a director nominee, in which case Gaylord will include as a replacement a director nominee selected by GAMCO and reasonably acceptable to Gaylord) (collectively, the “GAMCO Directors”), and shall (i) nominate and reflect in
the 2012 Proxy Statement the nomination of each of the TRT Directors and GAMCO Directors for election at the 2012 Annual Meeting as a director of Gaylord with a term expiring at Gaylord’s 2013 annual meeting of stockholders (the “2013
Annual Meeting”), (ii) recommend and reflect in the 2012 Proxy Statement the recommendation of each of the TRT Directors and GAMCO Directors for election as directors of Gaylord at the 2012 Annual Meeting, and cause Gaylord to use its
reasonable best efforts to solicit proxies in favor of the election of each of the TRT Directors and GAMCO Directors, (iii) cause all proxies received by 

  
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Gaylord to be voted in the manner specified by such proxies and cause all proxies for which a vote is not specified to be voted for the TRT Directors and GAMCO Directors, and (iv) will cause
the date for the 2012 Annual Meeting to be no later than August 12, 2012. If any TRT Director is not elected to the Board at the 2012 Annual Meeting or, either prior to the 2012 Annual Meeting or after election to the Board at the 2012 Annual
Meeting, thereafter is removed, resigns, or is otherwise unable to serve as a director of Gaylord, then you will be entitled to select a new designee to serve as a TRT Director, which designee (A) will qualify as independent pursuant to the
applicable independence requirements of the Securities and Exchange Commission and the New York Stock Exchange and (B) will be chosen by you subject to a determination by Gaylord’s Nominating and Corporate Governance Committee that such
designee is eligible to serve as a director under applicable legal requirements, such determination to be made promptly, reasonably and in good faith on a basis reasonably consistent with Gaylord’s evaluation of all other directors, and the
Board will promptly appoint such designee to the Board (and to the committees of the Board on which the TRT Director being replaced served, provided that such designee meets the applicable independence standards and applicable legal requirements for
eligibility to serve on such committee, as contemplated in this letter agreement) to serve until the 2013 Annual Meeting. Any such designee will be deemed a TRT Director for all purposes under this letter agreement and Gaylord will take any action
necessary or appropriate to facilitate the discharge of its obligations under this paragraph, including amending its bylaws and its other governing documents. In addition, Gaylord shall not increase the size of the Board to more than eleven
directors at any time prior to the 2013 Annual Meeting. 
 Gaylord will invite you to participate in any process that the Board
may engage in on or prior to August 12, 2012 that seeks proposals in connection with any Transaction (as defined below); provided, that (i) the Board is under no obligation to initiate any such process and, if it does commence such a
process it may discontinue the process for any reason at any time, and (ii) you will be required to comply with the terms and conditions generally applicable to the other participants in any such process. For purposes of this letter agreement,
“Transaction” means any merger, consolidation, business combination, tender or exchange offer, recapitalization, restructuring, dissolution, liquidation or similar transaction, with or involving GET, or any sale or acquisition of a
significant amount of assets or securities of GET. 
 Except as expressly permitted by this letter agreement with respect to the
Binding Rights Plan Proposal, you will not, and will cause all representatives acting on your behalf not to, directly or indirectly, initiate or propose any stockholder proposal at the 2012 Annual Meeting, whether made pursuant to Rule 14a-8 or Rule
14a-4 under the Exchange Act or otherwise, or otherwise seek the election or appointment to, or representation on, or the nomination of any candidate to, the Board on or prior to the date of the 2012 Annual Meeting, effect or attempt to effect the
removal of any members of the Board on or prior to the 2012 Annual Meeting, otherwise seek or propose to obtain representation on the Board on or prior to the 2012 Annual Meeting, or call or seek to have called any meeting of the stockholders of
Gaylord on or prior to the 2012 Annual Meeting. In addition, you shall vote, and shall cause all representatives acting on your behalf to vote, all shares of common stock of Gaylord that you, and such representatives acting on your behalf, are
entitled to vote at the 2012 Annual Meeting, in favor of (A) each of Gaylord’s director nominees (including the TRT Directors and the GAMCO Directors) at the 2012 Annual Meeting, (B) any proposal to approve, on an advisory basis,
Gaylord’s executive compensation, and (C) any proposal requesting the ratification of Gaylord’s independent registered public accounting firm, but excluding the Binding Rights Plan Proposal. 

It is further understood and agreed that no failure or delay by either party in exercising any right, power or privilege under this
letter agreement shall operate as a waiver thereof, nor shall any single or partial exercise thereof preclude any other or further exercise thereof or the exercise of any right, power or privilege hereunder. This letter agreement (including Annex
A, which is incorporated into and constitutes an integral part of this letter agreement) represents the entire understanding of the parties 

  
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with respect to the matters referred to in this letter agreement and supersedes all prior written or prior or contemporaneous oral understandings between the parties with respect to such matters.

 The agreements set forth in this letter agreement may be modified or waived only by a separate writing executed by you and
Gaylord expressly so modifying or waiving such agreements. 
 You and Gaylord each acknowledge that money damages would be an
inadequate remedy for breach of this letter agreement by you or Gaylord, as applicable, because of the difficulty of ascertaining the amount of damage that will be suffered by the non-breaching party in the event that this agreement is breached, the
irreparable injury that would be suffered by the non-breaching party in the event that any provision of this letter agreement was not performed in accordance with its specific terms or was otherwise breached and that such injury would not be
adequately compensable in damages. Therefore, you and Gaylord each agree that the other party will be entitled to specific performance of this agreement and injunctive or other equitable relief as a remedy for any such breach by you or Gaylord, as
applicable, and you and Gaylord further waive any requirement for the securing or posting of any bond in connection with any such remedy and agree not take any action, directly or indirectly, in opposition to the party seeking relief on the grounds
that any other remedy or relief is available at law or in equity. Such remedy shall not be deemed to be the sole or exclusive remedy for any breach of this letter agreement by you or Gaylord, as applicable, but shall be in addition to all other
remedies available at law or equity to the non-breaching party. It is the desire and intent of the parties that the provisions of this letter agreement be enforced to the fullest extent permissible under the law and public policies applied in the
jurisdiction in which enforcement is sought. Accordingly, if any term, provision, covenant or restriction of this letter agreement is held by a court of competent jurisdiction to be invalid, void or unenforceable, the remainder of the terms,
provisions, covenants and restrictions of this agreement shall remain in full force and effect and shall in no way be affected, impaired or invalidated. Notwithstanding the foregoing, if such provision, covenant or restriction could be more narrowly
drawn so as not to be invalid, prohibited or unenforceable, it shall be so narrowly drawn, without invalidating the remaining provisions of this letter agreement. 
 As used in this letter agreement (including Annex A), (i) the term “person” will be interpreted broadly to include, without limitation, any corporation, company, partnership, limited
liability company, other entity or individual, (ii) the term “representatives,” used with respect to a person, shall mean the directors, officers, employees, affiliates, associates (but only to the extent such affiliates or associates
receive Confidential Material or are otherwise acting on such person’s behalf, or such person directly or indirectly exercises, or has the ability to exercise, control over such affiliate or associate), shareholders (but only to the extent such
shareholders receive Confidential Material or are otherwise acting on such person’s behalf, or such person directly or indirectly exercises, or has the ability to exercise, control over such shareholder), agents, attorneys, consultants,
accountants, financial advisors and other advisors, (iii) the terms “affiliate” and “associate” when used with respect to a person, shall have the meanings given to such terms in Rule 12b-2 under the Exchange Act,
(iv) the term “Exchange Act” shall mean the Securities Exchange Act of 1934, as amended and the rules and regulations promulgated thereunder, and (v) the term “you” means TRT Holdings, Inc. and Robert Rowling.

 This letter agreement, and any claims arising out of, relating to or associated with this letter agreement will be governed
by and construed and enforced in accordance with the laws of the State of Delaware without reference to the conflict of laws principles or any other principle that could require the application of the laws of any other jurisdiction. Each of the
parties (i) agrees that it will not bring any suit, action or proceeding arising out of, relating to or associated with this letter agreement in any court other than the federal or state courts of the States of Delaware, Tennessee and Texas,
(ii) in the event of the commencement of any suit, action or proceeding brought by another party to this letter agreement in one of the jurisdictions specified in the preceding clause (i), consents to submit itself to the personal jurisdiction
of the federal or state courts in the state in which such suit, action or proceeding is brought, 

  
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(iii) agrees that it will not attempt to deny or defeat such personal jurisdiction by motion or other request for leave from any such court, and (iv) irrevocably waives, and agrees not to
assert, to the fullest extent permitted by applicable law, that (1) the suit, action or proceeding in any such court is brought in an inconvenient forum, (2) the venue of such suit, action or proceeding is improper or (3) this letter
agreement, or the subject matter hereof, may not be enforced in or by such courts. 
 Neither this letter agreement nor any
right, interest or obligation hereunder may be assigned by either Gaylord or you without the prior written consent of the other party, and any attempt to do so will be void. Subject to the preceding sentence, all the terms and provisions of this
letter agreement will inure to the benefit of and will be enforceable by the successors and assigns of Gaylord and you. Except as otherwise expressly set forth herein, nothing contained in this letter agreement will create any rights in, or be
deemed to have been executed for the benefit of, any person that is not a party hereto or a successor or permitted assignee of such party. 
 This letter agreement may be executed in one or more counterparts, each of which shall be deemed to be an original but all of which together shall constitute one and the same agreement. 

If you are in agreement with the foregoing, please so indicate by signing and returning one copy of this letter agreement, which will
constitute our agreement with respect to the matters set forth herein. 
  

			
	Very truly yours,
	
	Gaylord Entertainment Company
		
	By:	 	 /s/ Colin V. Reed

	Name:	 	Colin V. Reed
	Title:	 	Chairman and CEO

  

			
	Confirmed and Agreed to:
	
	TRT Holdings, Inc.
		
	By:	 	 /s/ Robert B. Rowling

	Name:	 	Robert B. Rowling
	Title:	 	Chairman

  
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 Annex A 
 Access; Confidentiality and Non-Disclosure Provisions 
 You hereby agree, as
set forth in this letter agreement (including this Annex A), to treat confidentially in accordance with the provisions of this letter agreement any information (whether prepared by GET, its representatives or otherwise, in whatever manner
received, and whether in oral, written or electronic form) relating to GET that GET or its representatives, furnish or have furnished to you or your representatives, or which is prepared by you or your representatives based on, containing or
otherwise reflecting such information, including any notes, memoranda, analyses, compilations, studies or other documents (such information being collectively referred to herein as the “Confidential Material”) and to take or abstain from
taking certain other actions set forth herein. The term “Confidential Material” does not include information that (i) was already in the possession of you or your representatives or otherwise already known to you or your
representatives, provided that such information is not known by you or your representatives to be subject to another confidentiality agreement with or other contractual, legal or fiduciary obligation of confidentiality to GET, (ii) is or
becomes generally available to the public other than as a result of a disclosure by you or your representatives in violation of this letter agreement, (iii) is or becomes available to you or your representatives on a non-confidential basis from
a source other than GET or its advisors, provided that such source is not known by you or your representatives to be bound by a confidentiality agreement with or other contractual, legal or fiduciary obligation of confidentiality to GET, or
(iv) is or has been independently developed by you or your representatives without the use of the Confidential Material in violation of this letter agreement. 
 You hereby agree that (a) the Confidential Material will be used by you and your representatives solely for the purpose of evaluating your investment in Gaylord and will not be used by you or your
representatives for any other purpose without the prior written consent of Gaylord, and (b) the Confidential Material will be kept strictly confidential by you and your representatives; provided, however, that, in order to maintain the
strictest control of the Confidential Material, any of such information may be disclosed only to your representatives who (i) reasonably need to know such information for purposes of assisting you and your representatives with the foregoing,
(ii) are informed by you of the confidential nature of such information and (iii) are instructed to keep such information confidential in accordance with the terms of this letter agreement. In addition, you will not engage in, and you will
direct all of your representatives acting on your behalf not to engage in, any communications or take any actions that violate applicable legal requirements with respect to antitrust, unfair competition or restraint on trade. You hereby agree that
you will be responsible for compliance with, and any breach of, this letter agreement by your representatives. 
 From the date
of this letter agreement until August 12, 2012, GET shall provide you and your representatives with reasonable access, during normal business hours and after reasonable prior notice, to the officers, employees, agents, properties, offices,
books and records of GET (including tax returns), and such other information as you or your representatives may reasonably request with respect to the GET and its businesses, financial condition and operations, in each case, to the extent reasonably
related to any potential Transaction with respect to which you are invited to participate pursuant to the fourth paragraph of this letter agreement. You and your representatives shall use reasonable efforts to minimize any disruption to the
businesses of GET which may result from the requests for access, data and information hereunder. 
 You hereby acknowledge that
you are aware, and that you will advise your representatives, that the United States securities laws prohibit any person who has received from an issuer material, non-public information from purchasing or selling securities of such issuer or from
communicating such information to any other person under circumstances in which it is reasonably foreseeable that such person is likely to 

  
 A-1

 
purchase or sell such securities, and you hereby agree, and shall direct all of your representatives acting on your behalf, to comply with such laws. 

In the event that you or your representatives receive a request to disclose all or any part of the information contained in the
Confidential Material under the terms of a valid and effective subpoena or order issued by a court of competent jurisdiction or by a governmental body, or are otherwise required to disclose all or any part of the information contained in the
Confidential Material by applicable law, regulation or legal process, you agree to (i) promptly prior to such disclosure notify Gaylord of the existence, terms and circumstances surrounding such a request or requirement (to the extent allowed
by any such law, regulation or legal process), so that it may seek an appropriate protective order or other appropriate remedy (at Gaylord’s sole expense) and/or waive your compliance with the provisions of this paragraph and (ii) in the
event that no protective order or other remedy is obtained, or Gaylord waives compliance with the terms of this paragraph, disclose only that portion of the Confidential Material that you have been advised by legal counsel is legally required to be
disclosed and exercise your reasonable efforts, at Gaylord’s sole expense, to obtain an order or other reliable assurance that confidential treatment will be accorded to such of the disclosed information which Gaylord so designates. 

In addition, except as required by applicable law, without the prior written consent of Gaylord, you will not, and will direct your
representatives not to, disclose to any person the terms of this letter agreement, the terms, conditions or other facts with respect to any discussions between you and Gaylord (including the existence or status of any such discussions), and you will
not, and will direct your representatives not to, disclose to any person that you or others may have requested or received any Confidential Material or that this letter agreement has been entered into. 

You understand and agree that the Confidential Material information is provided “as is” and neither GET nor any of its
representatives have made or make any representation or warranty, express or implied, as to the accuracy or completeness of the Confidential Material and that nothing contained in any discussions between GET or any of its directors, officers,
employees, agents or any other representatives or its advisors and you or any of your representatives shall be deemed to constitute a representation or warranty. You agree that neither GET nor its representatives shall have any liability to you or
any of your representatives resulting from the use or content of the Confidential Material or from any action taken or any inaction occurring in reliance on the Confidential Material. 

At the request of Gaylord, you and your representatives shall promptly redeliver to GET or destroy all written (or electronic)
Confidential Material and any other written (or electronic) material containing or reflecting any information in the Confidential Material (whether prepared by GET, its advisors, agents or otherwise) and will not retain any copies, extracts or other
reproductions in whole or in part of such written (or electronic) material. All documents, memoranda, analyses, compilations, studies, notes and other writings whatsoever prepared by you or your representatives based on the information in the
Confidential Material shall be destroyed. At the request of Gaylord, any destruction pursuant to this paragraph shall be certified in writing to Gaylord by an authorized officer of you supervising such destruction. Notwithstanding the foregoing, you
shall only be required to use commercially reasonable efforts to return or destroy Confidential Material that is stored electronically, in computer files, back-up tapes, or otherwise. 

Except as otherwise provided herein, the provisions set forth in this Annex A under the heading “Access; Confidentiality and
Non-Disclosure Provisions” shall terminate and be of no further force and effect on the date that is 18 months following the date of the letter agreement; provided, however, that expiration of this letter agreement as set forth above will not
prevent GET from bringing a claim, or relieve you from liability, for any breach of this letter agreement occurring prior to such expiration date. 

  
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 Mutual Non-Disparagement 
 Beginning on the date hereof and ending on December 31, 2012, you will not, and will cause your representatives acting on your behalf not to, directly or indirectly, individually or in concert with
others, engage in any conduct or solicit, make, or cause to be made, any statement or opinion or communicate any information (whether oral or written) (collectively, “Conduct”) that is calculated to or reasonably could be expected to
have the effect of (1) undermining, impugning, disparaging, or otherwise in any way reflecting adversely or detrimentally upon GET, or any of GET’s representatives acting on its behalf, or (2) accusing or implying that GET, or any of
GET’s representatives acting on its behalf, engaged in any wrongful, unlawful, or improper conduct; except, in each case, with respect to any TRT Excluded Claim (as defined below). The foregoing will not apply to (w) any good faith Conduct
by you or any of your representatives acting on your behalf in connection with and reasonably related to any proposal, event, circumstance, or transaction with respect to a “Qualified Offer” (as such term is defined in the Rights Plan) or
an Extraordinary Transaction (as defined below), (x) non–public oral statements made by you or your representatives acting on your behalf directly to GET or its representatives, (y) any compelled testimony or production, either by
legal process, subpoena or otherwise and (z) any response to any request for information from any governmental authority having jurisdiction over you, or any of your representatives acting on your behalf, so long as no action of you, or any
representative acting on your behalf, invited or suggested such request; provided, however, in the event that you, or any of your representatives acting on your behalf, are requested pursuant to, or required by, applicable law, regulation, or legal
process to testify or otherwise respond to a request for information from any governmental authority, you agree to (i) promptly notify Gaylord of the existence, terms and circumstances surrounding such a request or requirement (to the extent
allowed by any such law, regulation or legal process), so that it may seek an appropriate protective order or other appropriate remedy (at Gaylord’s sole expense) and/or waive your compliance with the provisions of this paragraph and
(ii) in the event that no protective order or other remedy is obtained, or Gaylord waives compliance with the terms of this paragraph, disclose only that portion of such information that you have been advised by legal counsel is legally
required to be disclosed and exercise your reasonable efforts, at Gaylord’s sole expense, to obtain an order or other reliable assurance that confidential treatment will be accorded to such of the disclosed information that Gaylord so
designates. “Extraordinary Transaction” means any merger, consolidation, business combination, tender or exchange offer, sale or purchase of a substantial amount of assets other than in the ordinary course of business, sale or purchase of
securities, dissolution, liquidation, restructuring, recapitalization, or similar transaction with or involving Gaylord or any of its affiliates. A “TRT Excluded Claim” shall mean (1) any claim relating to the performance of
obligations under this letter agreement or for breach of or to enforce this letter agreement and (2) any claim that cannot be waived by law. 
 Beginning on the date hereof and ending on December 31, 2012, GET will not, and will cause its representatives acting on its behalf not to, directly or indirectly, individually or in concert with
others, engage in any conduct or solicit, make, or cause to be made, any Conduct that is calculated to or reasonably could be expected to have the effect of (1) undermining, impugning, disparaging, or otherwise in any way reflecting adversely
or detrimentally upon you, or any of your representatives acting on your behalf, or (2) accusing or implying that you, or any of your representatives acting on your behalf, engaged in any wrongful, unlawful, or improper conduct; except, in each
case, with respect to any GET Excluded Claim (as defined below). The foregoing will not apply to (w) any good faith Conduct by GET or any of its representatives acting on its behalf in connection with and reasonably related to any proposal,
event, circumstance, or transaction with respect to a “Qualified Offer” (as such term is defined in the Rights Plan) or an Extraordinary Transaction, (x) non–public oral statements made by GET or its representatives acting on its
behalf directly to you or your representatives, (y) any compelled testimony or production, either by legal process, subpoena or otherwise and (z) any response to any request for information from any governmental authority having
jurisdiction over GET, or any of its representatives acting on its 

  
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behalf, so long as no action of GET, or any representative acting on its behalf, invited or suggested such request; provided, however, in the event that GET, or any of its representatives acting
on its behalf, is requested pursuant to, or required by, applicable law, regulation, or legal process to testify or otherwise respond to a request for information from any governmental authority, GET agrees to (i) promptly notify you of the
existence, terms and circumstances surrounding such a request or requirement (to the extent allowed by any such law, regulation or legal process), so that you may seek an appropriate protective order or other appropriate remedy (at your sole
expense) and/or waive your compliance with the provisions of this paragraph and (ii) in the event that no protective order or other remedy is obtained, or you waive compliance with the terms of this paragraph, disclose only that portion of such
information that GET has been advised by legal counsel is legally required to be disclosed and exercise GET’s reasonable efforts, at your sole expense, to obtain an order or other reliable assurance that confidential treatment will be accorded
to such of the disclosed information that you so designate. A “GET Excluded Claim” shall mean (1) any claim relating to the performance of obligations under this letter agreement or for breach of or to enforce this letter agreement
and (2) any claim that cannot be waived by law. 

  
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 Annex B 
 Rights Plan Policy 
 The policy of the Board of Directors (the
“Board”) of Gaylord Entertainment Company (the “Company”) is that, following the expiration of the amended and restated rights agreement dated as of March 9, 2009, by and between the Company and Computershare Trust Company,
N.A., as amended (the “2009 Rights Agreement”), the Board will only adopt a shareholder rights plan (a “Rights Plan”), if either: 
 (a) prior to the adoption of the Rights Plan by the Board, at a duly called meeting of stockholders at which a quorum is present, the holders of a majority of the shares of the Company’s common stock
present in person or represented by proxy at the meeting and entitled to vote have approved the adoption of the Rights Plan; or 

(b) both the Board and a committee of the Board consisting solely of the members of the Board who qualify as “independent”
pursuant to the applicable independence requirements of the New York Stock Exchange (the “Independent Committee”) determine, after consultation with and based upon the advice of the outside legal and financial advisors to the Board and the
Independent Committee, that it would be (1) in the best interests of the Company and its stockholders to adopt the Rights Plan without such stockholder approval, and (2) facts and circumstances, other than the passage of time alone, have
arisen since the date of the adoption of this policy that render it inadvisable and impracticable to submit the Rights Plan to a vote of the Company’s stockholders prior to the adoption of the Rights Plan. If any Rights Plan is so adopted
without prior stockholder approval, (i) in the event that the annual meeting of the stockholders of the Company (the “Annual Meeting”) is held on a date that is at least five months following the date the Rights Plan is adopted
pursuant to this clause (b), the Company shall cause the Rights Plan to be submitted to a vote of the Company’s stockholders at the Annual Meeting, or (ii) in the event that the Annual Meeting is held on a date that is less than five
months following the date the Rights Plan is adopted pursuant to this clause (b), the Company shall either, at its option, (A) cause the Rights Plan to be submitted to a vote of the Company’s stockholders at the Annual Meeting or
(B) (w) promptly, and not later than 45 days after adoption of the Rights Plan, take all action necessary to file with the Securities and Exchange Commission (“SEC”) a preliminary proxy statement on Schedule 14A for a special
meeting of the Company’s stockholders to consider and vote on the Rights Plan (any such meeting of the stockholders of the Company held pursuant to clause (i) above or this clause (ii), the “Stockholder Meeting”), (x) use
its best efforts to promptly respond to any written or oral comments from the SEC or its staff with respect to such proxy statement or any related matters, (y) file a definitive proxy statement on Schedule 14A with the SEC for such Stockholder
Meeting and mail such definitive proxy statement to the Company’s stockholders entitled to notice of and to vote at such Stockholder Meeting, in each case promptly after the Company is permitted to do so under applicable federal securities
laws, and (z) take all action necessary to convene such Stockholder Meeting not later than five months following the date the Rights Plan is adopted pursuant to this clause (b). Such Rights Plan that is adopted pursuant to this clause
(b) shall expire pursuant to its terms at 5:00 P.M. Central Time on the date that the voting results of the Stockholder Meeting have been certified by the inspector of elections if the holders of a majority of the shares of the Company’s
common stock present in person or represented by proxy at the meeting and entitled to vote have not approved the adoption of the Rights Plan at the Stockholder Meeting. Notwithstanding the foregoing, the Company will have no further obligations
under this clause (b) with respect to any Rights Plan (including the obligation to hold any special meeting and/or to submit such Rights Plan 

  
 B-1

 
to a vote of the Company’s stockholders at any Stockholder Meeting) in the event that, and following such time that, the Company has elected, in its sole discretion, to terminate any such
Rights Plan or redeem the rights under any such Rights Plan and has not adopted any new Rights Plan. 
 The Board shall not
amend its policy concerning rights plans without the prior approval of a majority of the shares of the Company’s common stock present in person or represented by proxy and entitled to vote at a duly called meeting of stockholders at which a
quorum is present; provided, however, that following such time that TRT Holdings, Inc. and Robert Rowling and their respective affiliates no longer collectively hold beneficial ownership (as defined under the Securities Exchange Act of 1934) of at
least 10% of the outstanding shares of common stock of the Company, this policy concerning rights plans may be amended by action of the Board without such stockholder approval. 

  
 B-2XBOX 360 Publisher License Agreement

 Exhibit 10.1 
 XBOX 360 PUBLISHER LICENSE AGREEMENT 
 This Xbox 360 Publisher License
Agreement (“Agreement”) is entered into and effective as of the later of the two signature dates below (the “Effective Date”) by and between Microsoft Licensing, GP, a Nevada general partnership (“Microsoft”),
and Majesco Entertainment Company, a Delaware corporation (“Publisher”). 
 RECITALS 

A. Microsoft and its affiliated companies develop and license a computer game system known as the Xbox 360 game system and a
proprietary online service accessible via the Xbox 360 game system known as Xbox Live. 
 B. Publisher wishes to develop
and/or publish one or more software products running on the Xbox 360 game system, which software products may also be made available to subscribers of Xbox Live, and to license proprietary materials from Microsoft on the terms and conditions set
forth herein. 
 Accordingly, for and in consideration of the mutual covenants and conditions contained herein, and for other
good and valuable consideration, receipt of which each party hereby acknowledges, Microsoft and Publisher agree as follows: 
  

	1.	Exhibits 

 The following exhibits are
hereby incorporated to this Agreement (some require completion and/or execution by one or both parties): 
  

			
	Exhibit 1:	  	Payments
	Exhibit 2:	  	Xbox 360 Royalty Tier Selection Form
	Exhibit 3:	  	Xbox 360 Publisher Enrollment Form
	Exhibit 4:	  	Authorized Subsidiaries
	Exhibit 5:	  	Non-Disclosure Agreement
	Exhibit 6:	  	Japan/Asian Royalty Incentive Program
	Exhibit 7:	  	Xbox Live Incentive Program

  

	2.	Definitions 

 As further described in this
Agreement and the Xbox 360 Publisher Guide (defined below), the following terms have the following respective meanings: 
 2.1
“Asian Manufacturing Region” means the region for manufacturing comprising Taiwan, Hong Kong, Singapore, Korea, Japan and any other countries that are included by Microsoft from time to time as set forth in the Xbox 360 Publisher
Guide. 
 2.2 “Asian Sales Territory” means the territory for sales distribution comprising Taiwan, Hong Kong,
Singapore, Korea, and any other countries that are included by Microsoft from time to time as set forth in the Xbox 360 Publisher Guide. The Asian Sales Territory does not include Japan. 

2.3 “Authorized Replicator” means a software replicator certified and approved by Microsoft for replication of FPUs
(defined below) that run on the Xbox 360. 
 2.4 “Branding Specifications” means the
specifications as provided by Microsoft from time to time for using the Licensed Trademarks in connection with a Software Title and/or Online Content and on Marketing Materials as set forth in the Xbox 360 Publisher Guide. 

2.5 “BTS” means a Microsoft designed break-the-seal sticker that will be issued to the Authorized Replicator for
placement on the Packaging Materials (defined below) as specified in the Xbox 360 Publisher Guide. 
 2.6
“Certification” means the final stage of the approval process by which Microsoft approves or disapproves of a Software Title or Online Content for manufacture and/or distribution. Certification is further defined in this Agreement
and the Xbox 360 Publisher Guide. 
  
 Microsoft
Confidential 
 Portions of this Exhibit were omitted and have been filed separately with the Secretary of the Commission
pursuant to the Company’s application requesting confidential treatment under Rule 24b-2 of the Securities Exchange Act of 1934. 

  
 1 

 2.7 “Commercial Release” with respect to a Software Title means the
first commercial distribution of an FPU that is not designated as a Demo Version. With respect to Online Content, Commercial Release means its first availability via Xbox Live to Xbox Live Users. 

2.8 “Concept” means the detailed description of Publisher’s proposed Software Title and/or Online Content in each
case including such information as may be requested by Microsoft. 
 2.9 “Demo Versions” means a small portion
of an applicable Software Title that is provided to end users to advertise or promote a Software Title. 
 2.10
“European Sales Territory” means the territory for sales distribution comprising the United Kingdom, France, Germany, Spain, Italy, Netherlands, Belgium, Sweden, Denmark, Norway, Finland, Austria, Switzerland, Ireland, Portugal,
Greece, Australia, New Zealand and any other countries that are included by Microsoft from time to time as set forth in the Xbox 360 Publisher Guide 
 2.11 “European Manufacturing Region” means the region for manufacturing comprising the United Kingdom, France, Germany, Spain, Italy, Netherlands, Belgium, Sweden, Denmark, Norway,
Finland, Austria, Switzerland, Ireland, Portugal, Greece, Australia, New Zealand and any other countries that are included by Microsoft from time to time as set forth in the Xbox 360 Publisher Guide. 

2.12 “FPU” or “Finished Product Unit” means a copy of a Software Title in object code form that has
passed Certification, has been affixed to a DVD disk and approved by Microsoft for release and manufacturing. Once the Packaging Materials have been added, and the BTS has been assigned or affixed to the FPU or its packaging, the FPU also includes
its accompanying BTS and Packaging Materials. 
 2.13 “Japan Sales Territory” means the territory for sales
distribution comprising the country of Japan. 
 2.14 “Licensed Trademarks” means the Microsoft trademarks
identified in the Xbox 360 Publisher Guide. 
 2.15 “Marketing Materials” collectively means the
Packaging Materials and all press releases, marketing, advertising or promotional materials related to the Software Title, FPUs and/or Online Content (including without limitation Web advertising and Publisher’s Web pages to the extent they
refer to the Software Title(s), FPU(s) and/or Online Content) that will be used and distributed by Publisher in the marketing of the Software Title(s), FPU(s) and/or Online Content. 

2.16 “Manufacturing Region” means the Asian Manufacturing Region, European Manufacturing Region, and/or North American
Manufacturing Region. 
 2.17 “North American Sales Territory” means the territory for sales distribution
comprising the United States, Canada, Mexico, Colombia and any other countries that may be included by Microsoft from time to time as set forth in the Xbox 360 Publisher Guide 
 2.18 “North American Manufacturing Region” means the region for manufacturing comprising the United States, Canada, Mexico, Colombia and any other countries that may be included by
Microsoft from time to time as set forth in the Xbox 360 Publisher Guide 
 2.19 “Online Content” means any
content, feature, or access to software or online service that is distributed by Microsoft pursuant to this Agreement. Online Content includes, but is not limited to, Online Game Features, Title Updates, Demo Versions, trailers, “themes,”
“gamer pictures” or any other category of online content or service approved by Microsoft from time to time. Trailers, “themes,” “gamer pictures” and any other approved Online Content will be further described in the
Xbox 360 Publisher Guide. 
 2.20 “Online Game Features” means a Software Title’s content, features and/or
services that are available to Xbox Live Users via Xbox Live, whether included in the Software Title’s FPU or otherwise distributed via Xbox Live. 
 2.21 “Packaging Materials” means art and mechanical formats for a Software Title including the retail packaging, end user instruction manual with end user license agreement and
warranties, end user warnings, FPU media label, and any promotional inserts and other materials that are to be included in the retail packaging. 
  

 
 Microsoft Confidential 

Portions of this Exhibit were omitted and have been filed separately with the Secretary of the Commission pursuant to the
Company’s application requesting confidential treatment under Rule 24b-2 of the Securities Exchange Act of 1934. 

  
 2 

 2.22 “Pre-Certification” means the first stage of the approval process
wherein Microsoft tests to provide feedback and/or identify any issues that may prevent the Software Title from being approved during the Certification phase. Pre-Certification is further described in this Agreement and the Xbox 360 Publisher Guide.

 2.23 “Sales Territory” means the Asian Sales Territory, European Sales Territory, Japan Sales Territory,
and/or North American Sales Territory. 
 2.24 “Software Title” means the single software product as approved
by Microsoft for use on Xbox 360, including any Title Updates thereto (if and to the extent approved by Microsoft) and all Online Game Features for such Software Title. If Microsoft approves one or more additional single software product(s) proposed
by Publisher to run on Xbox 360, this Agreement, and the term “Software Title,” will be broadened automatically to cover the respective new software product(s) as additional Software Title(s) under this Agreement. 

2.25 “Subscriber” means an Xbox Live User that establishes an account with Xbox Live. 

2.26 “Sub-Publisher” means an entity that has a valid Xbox 360 publisher license agreement with Microsoft or a Microsoft
affiliate and with whom Publisher has entered an agreement to allow such entity to publish a Software Title or Online Content in specific Sales Territories. 
 2.27 “Suggested Retail Price” means the highest per unit price that Publisher or its agent recommends the FPU be made commercially available to end-users in a particular Sales Territory.
If the Suggested Retail Price of a particular Software Title varies among the countries in a single Sales Territory, then the highest Suggested Retail Price established for any of the countries will be used to determine the appropriate royalty fees
for the entire Sales Territory. 
 2.28 “Title Update” means an update, upgrade, or technical fix to a Software
Title that Xbox Live Users can automatically download to the Xbox Live User’s Xbox 360. 
 2.29 “Wholesale
Price” means the highest per unit price that Publisher charges retailers and/or distributors in bona fide third party transactions for the right to distribute and sell the Software Title within a Sales Territory, it being agreed that
(i) any transactions involving affiliates of Publisher (entities controlling, controlled by or under common control of, Publisher) are not to be considered in determining the Wholesale Price; (ii) if Publisher enters into an agreement with
a third party (such as a Sub-Publisher) providing the third party with the exclusive right to distribute the Software Title in a Sales Territory, the Wholesale Price is governed by the price charged by the third party rather than the terms of the
exclusive distribution agreement between Publisher and such third party; and (iii) if the Wholesale Price varies among countries in a single Sales Territory, the highest Wholesale Price used in the Sales Territory will be used to determine the
appropriate royalty fees for the entire Sales Territory. 
 2.30 “Xbox 360” means the second version of
Microsoft’s proprietary game system, successor to the Xbox game system, including operating system software and hardware design specifications. 
 2.31 “Xbox 360 Publisher Guide” means a document (in physical, electronic or Web site form) created by Microsoft that supplements this Agreement and provides detailed requirements
regarding the Pre-Certification and Certification approval process, Branding Specifications, replication requirements, royalty payment process, marketing guidelines, technical specifications and certification requirements, Demo Version requirements,
packaging requirements and other operational aspects of the Xbox 360 and Xbox Live. Microsoft may supplement, revise or update the Xbox 360 Publisher Guide from time to time in its reasonable discretion as set forth in this Agreement. 

2.32 “Xbox Live” means the proprietary online service offered by Microsoft to Xbox Live Users. 

2.33 “Xbox Live User” means any individual that accesses and uses Xbox Live. 

2.34 Other Terms. All other capitalized terms have the definitions set forth with the first use of such term as described
in this Agreement. 
  

	3.	Xbox 360 Development Kit License 

Publisher shall enter into one or more development kit license(s) for the applicable territory(ies) to which Xbox 360 game development kits will be
shipped for use by Publisher (each an “XDK License”) pursuant to which Microsoft or its affiliate may license to Publisher software development tools and hardware to assist Publisher in the development and testing of Software Titles,
including redistributable code that Publisher must incorporate into Software Titles pursuant to the terms and conditions contained in the XDK License. 
  

Microsoft Confidential 

Portions of this Exhibit were omitted and have been filed separately with the Secretary of the Commission pursuant to the
Company’s application requesting confidential treatment under Rule 24b-2 of the Securities Exchange Act of 1934. 

  
 3 

	4.	Approval Process 

 4.1
Standard Approval Process. The standard approval process for a Software Title is divided into four phases comprised of Concept approval, Pre-Certification, Certification, and Marketing Materials approval. Unless Publisher elects the EU
Approval Option for a European FPU (described below), Publisher is required to submit its Software Title to Microsoft for evaluation at all four phases. Each phase is identified below and further described in the Xbox 360 Publisher Guide. Additional
or alternate approval processes for Online Content may be further described in the Xbox 360 Publisher Guide 
 4.1.1
Concept. For each Software Title, Publisher shall deliver to Microsoft a completed Concept submission form (in the form provided by Microsoft to Publisher) that describes the Software Title. In the event that Publisher desires to host or have
a third party host or provide to Xbox Live Users any of Publisher’s Online Game Features, Publisher shall so indicate on the Concept submission form and must execute an addendum to this Agreement, which addendum is available upon request and
will be incorporated into this Agreement upon execution. Following evaluation of Publisher’s Concept submission, Microsoft will notify Publisher of whether the Concept is approved or rejected. If approved, the Concept submission form, in the
form submitted and approved by Microsoft, is incorporated herein by reference and adherence to its terms is a requirement for Certification. Publisher may propose Online Content at any time after a Concept has been approved, in which case Publisher
shall deliver to Microsoft a separate Concept submission for each proposed piece of Online Content. 
 4.1.2
Pre-Certification. If the Concept is approved, Publisher shall deliver to Microsoft a code-complete version of the Software Title or Online Content that includes all current features of the Software Title and such other content as may be
required under the Xbox 360 Publisher Guide. Upon receipt, Microsoft shall conduct technical screen and/or other testing of the Software Title or Online Content consistent with the Xbox 360 Publisher Guide and will subsequently provide Publisher
with advisory feedback regarding such testing. 
 4.1.3 Certification. Following Pre-Certification, Publisher
shall deliver to Microsoft the proposed final release version of the applicable Software Title that is complete, ready for access via Xbox Live (if applicable), release, manufacture, and commercial distribution. Such version must include the final
content rating certification required by Section 4.4, have identified program errors corrected, and have any and all changes previously required by Microsoft implemented. Microsoft shall conduct compliance, compatibility, functional and other
testing consistent with the Xbox 360 Publisher Guide (“Certification Testing”) and shall subsequently provide Publisher with the results of such testing, including any required fixes required prior to achieving Certification. Release from
Certification for a Software Title (and for Online Content as applicable) is based on (1) passing the Certification Testing; (2) conformance with the approved Concept and any required submission materials as stated in the Xbox 360
Publisher Guide; (3) Packaging Materials approval; (4) consistency with the goals and objectives of the Xbox 360 console platform and Xbox Live; and (5) continuing and ongoing compliance with all Certification requirements and other
requirements as set forth in the Xbox 360 Publisher Guide and this Agreement. 
 4.1.4 Marketing Materials Approval.
Publisher shall submit all Marketing Materials to Microsoft and shall not distribute such Marketing Materials unless and until Microsoft has approved them in writing. Prior to use or publication of any Marketing Materials, Publisher agrees to
incorporate all changes relating to use of the Licensed Trademarks that Microsoft may request and will use its commercially reasonable efforts to incorporate other changes reasonably suggested by Microsoft (provided, however, that in any event
Publisher shall at all times comply with the Branding Specifications). 
 4.2 EU Approval Option. For a Software Title
that Publisher intends to distribute solely in the European Sales Territory (a “European FPU”), Publisher may choose to forego Concept approval (Section 4.1.1), Pre-Certification (Section 4.1.2) and/or Marketing Materials approval (Section
4.1.4) and submit such Software Title to Microsoft only for Certification approval. This option is referred to herein as the “EU Approval Option.” The EU Approval Option applies solely to distribution of European FPUs, and is not available
for Online Content intended to be available in the European Sales Territory. If Publisher chooses the EU Approval Option, Publisher shall not use the Licensed Trademarks on the European FPU and the license grant set forth in Section 12.1 is
withdrawn as to such European FPU. In addition, Publisher shall make no statements in advertising, marketing materials, packaging, Web sites or otherwise that the European FPU is approved or otherwise sanctioned by Microsoft or is an official Xbox
360 Software Title. The European FPU may not be distributed outside the European Sales Territory without complying with all terms of this Agreement concerning approvals and the release of the FPU as deemed relevant by Microsoft. Microsoft may
provide additional information in the Xbox 360 Publisher Guide regarding the European Approval Option. Notwithstanding Publisher’s choice of the EU Approval Option, all other portions of this Agreement other than those specifically identified
above shall remain in effect. 
  
 Microsoft
Confidential 
 Portions of this Exhibit were omitted and have been filed separately with the Secretary of the Commission
pursuant to the Company’s application requesting confidential treatment under Rule 24b-2 of the Securities Exchange Act of 1934. 

  
 4 

 4.3 Resubmissions and Additional Review. If a Software Title or Online Content
fails Certification, and if Publisher has made good faith efforts to address any issues raised by Microsoft, Microsoft will give Publisher the opportunity to resubmit such Software Title or Online Content for Certification. Microsoft may charge
Publisher a reasonable fee designed to offset the costs associated with testing upon resubmission. Publisher may request the ability to submit versions of the Software Title or Online Content at stages of development other than as identified above
for review and feedback by Microsoft. Such review is within the discretion of Microsoft and may require the payment of reasonable fees by Publisher to offset the costs associated with the review of such Software Titles or Online Content. 

4.4 Content Rating. For those Sales Territories that utilize a content rating system, Microsoft will not accept submission of a
Software Title for Certification approval unless and until Publisher has obtained, at Publisher’s sole cost, a rating not higher than “Mature (17+)” or its equivalent from the appropriate rating bodies and/or any and all other
independent content rating authority/authorities for the applicable Sales Territory(ies) reasonably designated by Microsoft (such as ESRB, ELSPA, CERO, etc.). Publisher shall include the applicable rating(s) prominently on FPUs and Marketing
Materials, in accordance with the applicable rating body guidelines, and shall include the applicable rating in a header file of the Software Title and in Online Content, as described in the Xbox 360 Publisher Guide. For those Sales Territories that
do not utilize a content rating system, Microsoft will not approve any Software Title or Online Content that, in its opinion, contains excessive sexual content or violence, inappropriate language or other elements deemed unsuitable for the Xbox 360
platform. If, after Commercial Release, a Software Title is determined as suitable for adults only or otherwise as indecent, obscene or otherwise prohibited by law, the Publisher shall at its own costs recall all FPUs. Publisher hereby represents
and warrants that any Online Game Features and other game-related Online Content not included in the initial Software Title FPU will not be inconsistent with the content rating (or, in those countries that do not utilize a content rating system,
with the overall nature of the content) of the underlying Software Title. Content rating information and requirements may be further described in the Xbox 360 Publisher Guide. 
 4.5 Publisher Testing. Publisher shall perform its own testing of the Software Title and FPUs and shall keep written or electronic records of such testing during the term of this Agreement and for
no less than [***] thereafter (“Test Records”). Upon Microsoft’s request, Publisher shall provide Microsoft with copies of, or reasonable access to inspect, the Test Records, FPUs and Software Title (either in pre-Commercial Release
or Commercial Release versions, as Microsoft may request). 
 4.6 Mutual Approval Required. Publisher shall not
distribute the Software Title, nor manufacture any FPU intended for distribution, unless and until Microsoft has given its final approval and release from Certification version of the Software Title and both parties have approved the FPU in writing.

 4.7 Title Updates 
 4.7.1 All Title Updates for Software Titles are subject to approval by Microsoft. Publisher may release one Title Update per Software Title free of charge. Any additional Title Updates proposed by
Publisher may be subject to a reasonable charge. 
 4.7.2 Microsoft may require Publisher to develop and provide a Title Update
if (a) a Software Title or Online Content adversely affects Xbox Live, (b) if a change to the Xbox 360 Publisher Guide requires a Title Update, (c) if Certification is revoked for Online Content, or (d) for any other reason at
Microsoft’s reasonable discretion. Microsoft will not charge Publisher for the Certification, hosting, and distribution of Title Updates to Xbox Live Users for the first Title Update (if any) per Software Title or Online Content required by a
specific change in the Xbox 360 Publisher Guide or for any other reason at Microsoft’s reasonable discretion. Microsoft reserves the right to charge Publisher a reasonable fee to offset the costs associated with the Certification, hosting, and
distribution of Title Updates to Xbox Live Users that are required because of revocation of Certification or a Software Title or Online Content adversely affecting Xbox Live. 

 

	5.	Xbox 360 Publisher Guide 

 Publisher
acknowledges that the Xbox 360 Publisher Guide is an evolving document and subject to change during the term of this Agreement. Publisher agrees to be bound by all provisions contained in the then-applicable version of the Xbox 360 Publisher Guide.
Publisher agrees that upon Publisher’s receipt of notice of availability of the applicable supplement, revision, or updated version of the Xbox 360 Publisher Guide (which may be via a publisher newsletter or other electronic notification),
Publisher automatically is bound by all provisions of the Xbox 360 Publisher Guide as supplemented, revised, 
  
 Microsoft Confidential 
 Portions of this Exhibit were omitted and have been
filed separately with the Secretary of the Commission pursuant to the Company’s application requesting confidential treatment under Rule 24b-2 of the Securities Exchange Act of 1934.

  
 5 

 
or updated. Publisher’s continued distribution of FPUs after a notice of supplement, revision or update is included in the Xbox 360 Publisher Guide or made available to Publisher constitutes
Publisher’s agreement to the then-current Xbox 360 Publisher Guide as supplemented, revised or updated. Microsoft will specify in each such supplement, revision or update a reasonable effective date of each change if such change is not required
to be effective immediately. Only with respect to a Software Title that has passed Pre-Certification prior to the applicable revision or update, Publisher will not be obligated to comply with any changes made to the technical or content requirements
for Software Titles in the Xbox 360 Publisher Guide, except in circumstances where such change is deemed by Microsoft to be vitally important to the success of the Xbox 360 platform (e.g. changes due to piracy, technical failure) or will not add
significant expense to the Software Title’s development. In addition, changes made in Branding Specifications or other Marketing Materials requirements will be effective as to a Software Title that has passed Certification only on a “going
forward” basis (i.e., only to such Marketing Materials and/or FPUs as are manufactured after Microsoft notifies Publisher of the change). Notwithstanding the foregoing, Publisher shall comply with such changes to the Xbox 360 Publisher
Guide related to Branding Specifications or other Marketing Materials requirements retroactively if Microsoft agrees to pay for Publisher’s direct, out-of-pocket expenses necessarily incurred as a result of its retrospective compliance with the
change. 
  

	6.	Post-Release Compliance 

6.1 Correction of Bugs or Errors. Notwithstanding Microsoft’s Certification, all Software Titles must remain in compliance
with all Certification requirements and requirements set forth in the Xbox 360 Publisher Guide on a continuing and ongoing basis. Publisher must correct any material program bugs or errors in conformance with the Xbox 360 Publisher Guide whenever
discovered and Publisher agrees to correct such material bugs and errors as soon as possible after discovery. With respect to bugs or errors discovered after Commercial Release of the applicable Software Title, Publisher will, at Microsoft’s
request or allowance, correct the bug or error in all FPUs manufactured after discovery and Microsoft may charge a reasonable amount to cover the costs of Certifying the Software Title again. 

6.2 Online Content; Minimum Commitment 
 6.2.1 Publisher agrees that each Online Game Feature of a Software Title will be made available via Xbox Live for at least [***] following the respective Commercial Release of the FPUs of the Software
Title in each Sales Territory in which Xbox Live is available (the “Minimum Commitment”). Publisher is obligated to provide all necessary support for such Online Game Feature during its availability and for [***] after discontinuation.
Following the Minimum Commitment period, Publisher may terminate Microsoft’s license associated with such Online Game Feature upon [***] prior written notice to Microsoft; and/or Microsoft may discontinue the availability of any or all such
Online Game Feature via Xbox Live upon [***] prior written notice to Publisher. Publisher is responsible for communicating the duration of Online Game Feature availability to Xbox Live Users, and for providing reasonable advance notice to Xbox Live
Users of any discontinuation of such Online Game Feature. 
 6.2.2 Subject to Section 10.3, Publisher agrees that Microsoft
has the right to make Online Content other than Online Games Features submitted by Publisher available to Xbox Live Users for the Term of this Agreement. Publisher agrees to provide all necessary support for such Online Content as long as such
Online Content is made available to Xbox Live Users and for [***] thereafter. 
 6.2.3 Archive Copies. Publisher agrees
to maintain, and to possess the ability to support, copies in object code, source code and symbol format, of all Online Content available to Xbox Live Users during the term of this Agreement and for no less than [***] thereafter. 

 

	7.	Manufacturing 

 7.1
Authorized Replicators. Publisher will use only an Authorized Replicator to produce FPUs. Prior to placing an order with a replicator for FPUs, Publisher shall confirm with Microsoft that such entity is an Authorized Replicator. Microsoft
will endeavor to keep an up-to-date list of Authorized Replicators in the Xbox 360 Publisher Guide. Publisher will notify Microsoft in writing of the identity of the applicable Authorized Replicator and the agreement for such replication services
shall be as negotiated by Publisher and the applicable Authorized Replicator, subject to the requirements in this Agreement. Publisher acknowledges that Microsoft may charge the Authorized Replicator fees for rights, services or products associated
with the manufacture of FPUs and that the agreement with the Authorized Replicator grants Microsoft the right to instruct the Authorized Replicator to cease the manufacture or FPU and/or prohibit the release of FPU to Publisher or its agents in the
event Publisher is in breach of this Agreement or any credit arrangement entered into by Microsoft and Publisher or Publisher affiliates. Microsoft does not guarantee any level of performance by the Authorized Replicators, and Microsoft will have no
liability to Publisher for any Authorized Replicator’s failure to perform its obligations under any applicable agreement between Microsoft and such Authorized Replicator and/or between Publisher and such Authorized Replicator. Microsoft has no
responsibility for ensuring that FPUs are free of all defects. 
  

Microsoft Confidential 

Portions of this Exhibit were omitted and have been filed separately with the Secretary of the Commission pursuant to the
Company’s application requesting confidential treatment under Rule 24b-2 of the Securities Exchange Act of 1934. 

  
 6 

 7.2 Submissions to the Authorized Replicator. Microsoft, and not Publisher, will
provide to the applicable Authorized Replicator the final release version of the Software Title and all specifications required by Microsoft for the manufacture of the FPUs including, without limitation, the Security Technology (as defined in
Section 7.9 below). Publisher is responsible for preparing and delivering to the Authorized Replicator all other items required for manufacturing FPUs including approved Packaging Materials associated with the FPUs. Subject to the approval of
Publisher (which approval shall not be unreasonably withheld), Microsoft has the right to have included in the packaging of FPUs such promotional materials for Xbox, Xbox 360, Xbox Live, and/or other Xbox or Xbox 360 products or services as
Microsoft may determine in its reasonable discretion. Microsoft will be responsible for delivering to the Authorized Replicator all such promotional materials as it desires to include with FPUs, and, unless otherwise agreed by the parties, any
incremental insertion costs relating to such marketing materials will be borne by Microsoft. 
 7.3 Verification
Versions. Publisher shall cause the Authorized Replicator to create several test versions of each FPU (“Verification Version(s)”) that will be provided to both Microsoft and Publisher for evaluation. Prior to full manufacture of a FPU
by the Authorized Replicator, both Publisher and Microsoft must approve the applicable Verification Version. Throughout the manufacturing process and upon the request of Microsoft, Publisher shall cause the Authorized Replicator to provide
additional Verification Versions of the FPU for evaluation by Microsoft. Microsoft’s approval is a condition precedent to manufacture, however Publisher shall grant the final approval and shall work directly with the Authorized Replicator
regarding the production run. Publisher agrees that all FPUs must be replicated in conformity with all of the quality standards and manufacturing specifications, policies and procedures that Microsoft requires of its Authorized Replicators, and that
all Packaging Materials must be approved by Microsoft prior to packaging. Publisher shall cause the Authorized Replicator to include the BTS on each FPU. 
 7.4 Samples. For each Software Title sku, at Publisher’s cost, Publisher shall provide Microsoft with FPUs and accompanying Marketing Materials per Sales Territory in which the FPU will be
released. Such units may be used in marketing, as product samples, for customer support, testing and for archival purposes. Publisher will not have to pay a royalty fee for such samples nor will such samples count towards the Unit Discounts under
Exhibit 1. 
 7.5 Minimum Order Quantities 

7.5.1 Within [***] after the date on which both Microsoft and Publisher have authorized the Authorized Replicator to begin replication of
FPUs for distribution to a specified Sales Territory, (receipt of both approvals is referred to as “Release to Manufacture”), Publisher must place orders to manufacture the minimum order quantities (“MOQs”) as described in the
Xbox 360 Publisher Guide. Microsoft may update and revise the MOQs [***] which will be effective starting the following [***] . Currently, the MOQs are as follows: 
 [***] 
 7.5.2 For the purposes of this section, a “Disc” shall mean an
FPU that is signed for use on a certain defined range of Xbox 360 hardware, regardless of the number of languages or product skus contained thereon. The MOQs per Software Title are cumulative per Sales Territory. For example, if an FPU is released
in both the North American Sales Territory and the European Sales Territory, the cumulative MOQ per Software Title would be [***]. The MOQ per Software Title and the MOQ per Disc, however, are not cumulative. For example, a single Disc FPU released
only in the North America Sales Territory will have a total minimum order quantity of [***], which would cover the [***] MOQ per Software Title and the [***] MOQ per Disc (rather than [***] which would have been the total minimum order quantity if
the MOQ per Software Title and the MOQ per Disc had been cumulative). 
 7.5.3 If Publisher fails to place orders to meet any
applicable minimum order quantity within [***] of Release to Manufacture, Publisher shall immediately pay Microsoft the applicable royalty fee for the number of FPUs represented by the difference between the applicable MOQ and the number of FPUs of
the Software Title actually ordered by Publisher. 
 7.6 Manufacturing Reports. For purposes of assisting in the
scheduling of manufacturing resources, on a [***] basis, or as otherwise requested by Microsoft in its reasonable discretion, Publisher shall provide Microsoft with forecasts showing manufacturing projections by Sales Territory [***] out for each
Software Title. Publisher will use commercially reasonable efforts to cause the Authorized Replicator to deliver to Microsoft true and accurate [***] statements of FPUs manufactured in each [***], on a Software Title-by-Software Title basis and in
sufficient detail to satisfy Microsoft, within [***]. Microsoft will have reasonable audit rights to examine the records of the Authorized Replicator regarding the number of FPUs manufactured. 
  
 Microsoft Confidential 
 Portions of this Exhibit were omitted and have been filed separately with the Secretary of the Commission pursuant to the Company’s application requesting confidential
treatment under Rule 24b-2 of the Securities Exchange Act of 1934. 

  
 7 

 7.7 New Authorized Replicator. If Publisher requests that Microsoft certify
and approve a third party replicator that is not then an Authorized Replicator, Microsoft will consider such request in good faith. Publisher acknowledges and agrees that Microsoft may condition certification and approval of such third party on the
execution of an agreement in a form satisfactory to Microsoft pursuant to which such third party agrees to strict quality standards, non-disclosure requirements, license fees for use of Microsoft intellectual property and trade secrets, and
procedures to protect Microsoft’s intellectual property and trade secrets. Notwithstanding anything contained herein, Publisher acknowledges that Microsoft is not required to certify, maintain the certification or approve any particular third
party as an Authorized Replicator, and that the certification and approval process may be time-consuming. 
 7.8 Alternate
Manufacturing in Europe. Publisher may, solely with respect to FPUs manufactured for distribution in the European Sales Territory, utilize a different process or company for the combination of a FPU with Packaging Materials provided that such
packaging process incorporates the BTS and otherwise complies with the Xbox 360 Publisher Guide. Publisher shall notify Microsoft regarding its use of such process or company so that the parties may properly coordinate their activities and
approvals. To the extent that Microsoft is unable to accommodate such processes or company, Publisher shall modify its operations to comply with Microsoft’s requirements. 
 7.9 Security. Microsoft has the right to add to the final release version of the Software Title delivered by Publisher to Microsoft, and to all FPUs, such digital signature technology and
other security technology and copyright management information (collectively, “Security Technology”) as Microsoft may determine to be necessary, and/or Microsoft may modify the signature included in any Security Technology included in the
Software Title by Publisher at Microsoft’s discretion. Additionally, Microsoft may add Security Technology that prohibits the play of Software Titles on Xbox 360 units manufactured in a region or country different from the location of
manufacture of the respective FPUs or that have been modified in any manner not authorized by Microsoft. 
 7.10 Demo
Versions. If Publisher wishes to distribute a Demo Version in FPU format, Publisher must obtain Microsoft’s prior written approval and Microsoft may charge a reasonable fee to offset costs of the Certification. Subject to the terms of the
Xbox 360 Publisher Guide, such Demo Version(s) may be placed on a single disc, either as a stand-alone or with other Demo Versions and the price of such units must be [***] or its equivalent in local currency. Unless separately addressed in the Xbox
360 Publisher Guide, all rights, obligations and approvals set forth in this Agreement as applying to Software Titles shall separately apply to any Demo Version. [***]. If Publishers wishes to distribute a Demo Versions in an online downloadable
format, such downloadable Demo Version shall be distributed via by Microsoft Xbox Live in accordance with Section 10.3, and such downloadable Demo Version will be subject to all other terms and policies applicable to Online Content set forth
herein and in the Xbox 360 Publisher Guide. 
  

	8.	Payments 

 The Parties shall make payments
to each other under the terms of Exhibit 1. 
  

	9.	Marketing, Sales and Support 

 9.1 Publisher Responsible. As between Microsoft and Publisher, Publisher is solely responsible for the marketing and sales of the Software Title. Publisher is also solely responsible for providing
technical and all other support relating to the FPUs (including for Xbox Live Users of Online Content). Publisher shall provide all appropriate contact information (including without limitation Publisher’s address and telephone number, and the
applicable individual/group responsible for customer support), and shall also provide all such information to Microsoft for posting on http://www.xbox.com, or such successor or related Web site identified by Microsoft or in Xbox Live. Customer
support shall at all times conform to the Customer Service Requirements set forth in the Xbox 360 Publisher Guide and industry standards in the console game industry. 
 9.2 Warranty. Publisher shall provide the original end user of any FPU a minimum warranty in accordance with local laws and industry practices. For example, in the United States, Publisher shall,
as of the Effective Date, provide a minimum [***] limited warranty that the FPU will perform in accordance with its user documentation or Publisher will refund the purchase price or provide a replacement FPU at no charge. Publisher may offer
additional warranty coverage consistent with the traditions and practices of video game console game publishers within the applicable Sales Territory or as otherwise required by local law. 
  
 Microsoft Confidential 
 Portions of this Exhibit were omitted and have been filed separately with the Secretary of the Commission pursuant to the Company’s application requesting confidential
treatment under Rule 24b-2 of the Securities Exchange Act of 1934. 

  
 8 

 9.3 Recall. Notwithstanding anything to the contrary contained in this Agreement, if
there is a material defect in a Software Title and/or any FPUs, which defect in the reasonable judgment of Microsoft would significantly impair the ability of an end user to play such Software Title or FPU or would adversely affect the gameplay of
the Xbox 360 or Xbox Live, Microsoft may require Publisher to recall FPUs and undertake prompt repair or replacement of such Software Title and/or FPUs. 
 9.4 No Bundling with Unapproved Peripherals, Products or Software. Except as expressly stated in this section, Publisher shall not market or distribute a FPU bundled with any other product or
service, nor shall Publisher knowingly permit or assist any third party in such bundling, without Microsoft’s prior written consent. Publisher may market or distribute (i) FPU bundled with a Software Title(s) that has been previously
certified and released by Microsoft for manufacturing; or (ii) FPU bundled with a peripheral product (e.g. game pads) that has been previously licensed as an “Xbox 360 Licensed Peripheral” by Microsoft, without obtaining the written
permission of Microsoft. Publisher shall contact Microsoft in advance to confirm that the peripheral or Software Title to be bundled has previously been approved by Microsoft pursuant to a valid license. 

9.5 Software Title License. Publisher grants Microsoft a fully-paid, royalty-free, worldwide, non-exclusive license
(i) to publicly perform the Software Titles at conventions, events, trade shows, press briefings, public interactive displays and the like; (ii) to use the title of the Software Title, and screen shots from the Software Title, in
advertising and promotional material relating to Xbox 360 and related Microsoft products and services, as Microsoft may reasonably deem appropriate; (iii) distribute Demo Versions with the Official Xbox Magazine, as a standalone product
with other demo software; and (iv) distribute Software Title trailers via xbox.com. Publisher may also select Online Content for inclusion in public interactive displays and/or compilation demo discs published by Microsoft, in which case
Publisher grants Microsoft a fully-paid, royalty-free, worldwide, transferable, sublicenseable license to broadcast, transmit, distribute, host, publicly display, reproduce and manufacture such selected Online Content as part of public interactive
displays and compilation demo discs, and to distribute and permit end users to download and store (and, at Publisher’s discretion, to make further copies) such Online Content via public interactive displays, The rights granted in the preceding
sentence are in addition to any rights that Microsoft may have for uses of Publisher Software Titles under the applicable law, such as uses that are “referential,” “fair use” or “reasonable use.” 

 

	10.	Grant of Distribution License, Limitations 

 10.1 Distribution License. Upon Certification of the Software Title, approval of the Marketing Materials and the FPU test version of the Software Title by Microsoft, and subject to the terms
and conditions contained within this Agreement, Microsoft grants Publisher a non-exclusive, non-transferable, license to distribute FPUs containing Redistributable and Sample Code (as defined in the XDK License) and Security Technology (as defined
above) within the Sales Territories approved in the Software Title’s Concept in FPU form to third parties for distribution to end users and/or directly to end users. The license to distribute the FPUs is personal to Publisher and except for
transfers of FPU through normal channels of distribution (e.g. wholesalers, retailers), absent the written approval of Microsoft, Publisher may not sublicense or assign its rights under this license to other parties. For the avoidance of doubt,
without the written approval of Microsoft, Publisher may not sublicense, transfer or assign its right to distribute Software Titles or FPU to another entity that will brand, co-brand or otherwise assume control over such products as a
“publisher” as that concept is typically understood in the console game industry. Publisher may only grant end users the right to make personal, non-commercial use of Software Titles and may not grant end users any of the other rights
reserved to a copyright holder under US Copyright Law, Japanese Copyright Law, or its international equivalent. Publisher’s license rights do not include any license, right, power or authority to subject Microsoft’s software or derivative
works thereof or intellectual property associated therewith in whole or in part to any of the terms of an Excluded License. “Excluded License” means any license that requires as a condition of use, modification and/or distribution of
software subject to the Excluded License, that such software or other software combined and/or distributed with such software be (a) disclosed or distributed in source code form; (b) licensed for the purpose of making derivative works; or
(c) redistributable at no charge. 
 10.2 No Distribution Outside the Sales Territory. Publisher shall distribute
FPUs only in Sales Territories for which the Software Title has been approved by Microsoft. Publisher shall not directly or indirectly export any FPUs from an authorized Sales Territory to an unauthorized territory nor shall Publisher knowingly
permit or assist any third party in doing so, nor shall Publisher distribute FPUs to any person or entity that it has reason to believe may re-distribute or sell such FPUs outside authorized Sales Territories. 

10.3 Online Features. In consideration of the royalty payments as described in Exhibit 1, Publisher grants to
Microsoft (i) a worldwide, transferable, sublicensable license to broadcast, transmit, distribute, host, publicly display, reproduce, and license Online Content for use on Xbox 360s, and (ii) a worldwide, transferable license solely to
distribute to 
  
 Microsoft Confidential 

Portions of this Exhibit were omitted and have been filed separately with the Secretary of the Commission pursuant to the
Company’s application requesting confidential treatment under Rule 24b-2 of the Securities Exchange Act of 1934. 

  
 9 

 
end users and permit end users to download and store Online Content (and, at Publisher’s discretion, to make further copies). Publisher agrees that the license grants set forth in this
section applicable to Online Content are exclusive, meaning that except as expressly permitted under this Agreement, the Xbox 360 Publisher Guide and/or as agreed by the Parties, Publisher shall not directly or indirectly permit or enable access to
Online Content by any means, methods, platforms or services other than through Xbox Live, or as otherwise set forth in this Agreement. Notwithstanding the foregoing, this Section 10.3 does not prevent Publisher from making other platform
versions of its Software Titles or Online Content available via other platform-specific online services. This Section 10.3 shall survive expiration or termination of this Agreement solely to the extent and for the duration necessary to
effectuate Section 17.3 below. 
 10.4 No Reverse Engineering. Publisher may utilize and study the design,
performance and operation of Xbox 360 or Xbox Live solely for the purposes of developing the Software Title or Online Content. Notwithstanding the foregoing, Publisher shall not, directly or indirectly, reverse engineer or aid or assist in the
reverse engineering of all or any part of Xbox 360 or Xbox Live except and only to the extent that such activity is expressly permitted by applicable law notwithstanding this limitation. In the event applicable law grants Publisher the right to
reverse engineer the Xbox 360 or Xbox Live notwithstanding this limitation, Publisher shall provide Microsoft with written notice prior to such reverse engineering activity, information regarding Publisher’s intended method of reverse
engineering, its purpose and the legal authority for such activity and shall afford Microsoft a reasonable period of time before initiating such activity in order to evaluate the activity and/or challenge the reverse engineering activity with the
appropriate legal authorities. Publisher shall refrain from such reverse engineering activity until such time as any legal challenge is resolved in Publisher’s favor. Reverse engineering includes, without limitation, decompiling, disassembly,
sniffing, peeling semiconductor components, or otherwise deriving source code. In addition to any other rights and remedies that Microsoft may have under the circumstances, Publisher shall be required in all cases to pay royalties to Microsoft in
accordance with Exhibit 1 with respect to any games or other products that are developed, marketed or distributed by Publisher, and derived in whole or in part from the reverse engineering of Xbox 360, Xbox Live or any Microsoft data, code or
other material. 
 10.5 Reservation of Rights. Microsoft reserves all rights not explicitly granted herein. 

10.6 Ownership of the Software Titles. Except for the intellectual property supplied by Microsoft to Publisher (including
without limitation the Licensed Trademarks hereunder and the licenses in certain software and hardware granted by an XDK License), ownership of which is retained by Microsoft, insofar as Microsoft is concerned, Publisher will own all rights in and
to the Software Titles and Online Content. 
 10.7 Sub-Publishing. Notwithstanding Section 10.1, Publisher may
enter into independent agreements with other publishers to distribute Software Titles in multiple approved Sales Territories (a “Sub-Publishing Relationship”), so long as: 

10.7.1 Publisher provides written notice to Microsoft, at least [***] prior to authorizing a Sub-Publisher to manufacture any Software
Title(s), of the Sub-Publishing relationship, along with (i) a summary of the scope and nature of the Sub-Publishing relationship including, without limitation, as between Publisher and Sub-Publisher, (ii) which party will be responsible
for Certification of the Software Title(s) and/or any Online Content, (iii) a list of the Software Title(s) for which Sub-Publisher has acquired publishing rights, (iv) the geographic territory(ies) for which such rights were granted, and
(v) the term of Publisher’s agreement with Sub-Publisher; and 
 10.7.2 The Sub-Publisher has signed an Xbox 360
publisher license agreement (“Xbox 360 PLA”) and both Publisher and Sub-Publisher are and remain at all times in good standing under each of their respective Xbox 360 PLAs. Publisher is responsible for making applicable royalty payments
for the FPUs for which it places manufacturing orders, and Sub-Publisher is responsible for making royalty payments for the FPUs for which it places manufacturing orders. 
 10.8 Authorized Affiliates. If Publisher and an affiliate execute the “Publisher Affiliate Agreement” provided in Exhibit 4, then Publisher’s authorized affiliate may exercise
the rights granted to Publisher under this Agreement. The foregoing shall not apply to any Publisher affiliate which pays or intends to pay royalties from a European billing address. Any such European affiliate shall instead execute an Xbox 360
Publisher Enrollment with MIOL, a copy of which is attached hereto as Exhibit 3. 
  

	11.	Usage Data 

 Publisher acknowledges that
the operation of the Xbox Live service requires that Microsoft collect and store Xbox Live User usage data, including, without limitation, Xbox Live User statistics, scores, ratings, and rankings (collectively, “Xbox Live User Data”), as
well as personally-identifiable Xbox Live User data (e.g., name, email address) (“Personal Data”). Microsoft 
  

Microsoft Confidential 

Portions of this Exhibit were omitted and have been filed separately with the Secretary of the Commission pursuant to the
Company’s application requesting confidential treatment under Rule 24b-2 of the Securities Exchange Act of 1934. 

  
 10 

 
reserves the right, in its discretion, to use such Xbox Live User Data for any purpose, including without limitation, posting the Xbox Live User Data on Xbox.com or other Microsoft Web sites.
Microsoft agrees to use commercially reasonable efforts to periodically make certain Xbox Live User Data and Personal Data available to Publisher; provided that Publisher’s use of such data is in accordance with the then-current Xbox Live
Privacy Statement and such other reasonable restrictions as Microsoft may require. Without limiting the foregoing, Publisher agrees that any disclosure of Personal Data to Publisher is only used by Publisher and may not be shared with any other
third parties, and any permitted email communications with Xbox Live Users includes instructions for opting out of receiving any further communications from Publisher. 
  

	12.	Trademark Rights and Restrictions 

 12.1 Licensed Trademarks License. In each Software Title, FPU, Online Content and on all Marketing Materials, Publisher shall incorporate the Licensed Trademarks and include credit and
acknowledgement to Microsoft as set forth in the Xbox 360 Publisher Guide. Microsoft grants to Publisher a non-exclusive, non-transferable, personal license to use the Licensed Trademarks in connection with Software Titles, FPUs, Online Content and
Marketing Materials according to the Xbox 360 Publisher Guide and other conditions herein, and solely in connection with marketing, sale, and distribution in the approved Sales Territories or via Xbox Live. 

12.2 Limitations. Publisher is granted no right, and shall not purport, to permit any third party to use the Licensed
Trademarks in any manner without Microsoft’s prior written consent. Publisher’s license to use Licensed Trademarks in connection with the Software Title, FPUs and/or Online Content does not extend to the merchandising or sale of related or
promotional products. 
 12.3 Branding Specifications. Publisher’s use of the Licensed Trademarks (including without
limitation in FPUs, Online Content and Marketing Materials) must comply with the Branding Specifications set forth in the Xbox 360 Publisher Guide. Publisher shall not use Licensed Trademarks in association with any third party trademarks in a
manner that might suggest co-branding or otherwise create potential confusion as to source or sponsorship of the Software Title, Online Content or FPUs or ownership of the Licensed Trademarks, unless Microsoft has otherwise approved such use in
writing. Upon notice or other discovery of any non-conformance with the requirements or prohibitions of this section, Publisher shall promptly remedy such non-conformance and notify Microsoft of the non-conformance and remedial steps taken.

 12.4 Protection of Licensed Trademarks. Publisher shall assist Microsoft in protecting and maintaining
Microsoft’s rights in the Licensed Trademarks, including preparation and execution of documents necessary to register the Licensed Trademarks or record this Agreement, and giving immediate notice to Microsoft of potential infringement of the
Licensed Trademarks. Microsoft shall have the sole right to and in its sole discretion may, commence, prosecute or defend, and control any action concerning the Licensed Trademarks, either in its own name or by joining Publisher as a party thereto.
Publisher shall not during the term of this Agreement contest the validity of, by act or omission jeopardize, or take any action inconsistent with, Microsoft’s rights or goodwill in the Licensed Trademarks in any country, including attempted
registration of any Licensed Trademark, or use or attempted registration of any mark confusingly similar thereto. 
 12.5
Ownership and Goodwill. Publisher acknowledges Microsoft’s ownership of all Licensed Trademarks, and all goodwill associated with the Licensed Trademarks. Use of the Licensed Trademarks shall not create any right, title or interest
therein in Publisher’s favor. Publisher’s use of the Licensed Trademarks shall inure solely to the benefit of Microsoft. 
  

	13.	Non-Disclosure; Announcements 

 13.1 Non-Disclosure Agreement. The information, materials and software exchanged by the parties hereunder or under an XDK License, including the terms and conditions hereof and of the XDK License,
are subject to the Non-Disclosure Agreement between the parties attached hereto as Exhibit 5 (the “Non-Disclosure Agreement”), which is incorporated herein by reference; provided, however, that for purposes of the foregoing,
Section 2(a)(i) of the Non-Disclosure Agreement shall hereinafter read, “The Receiving Party shall: (i)] Refrain from disclosing Confidential Information of the Disclosing Party to any third parties for as long as such remains undisclosed
under 1(b) above except as expressly provided in Sections 2(b) and 2(c) of this [Non-Disclosure] Agreement.” In this way, all Confidential Information provided hereunder or by way of the XDK License in whatever form (e.g. information,
materials, tools and/or software exchanged by the parties hereunder or under an XDK License), including the terms and conditions hereof and of the XDK License, unless otherwise specifically stated, will be protected from disclosure for as long as it
remains Confidential. 
  
 Microsoft Confidential

 Portions of this Exhibit were omitted and have been filed separately with the Secretary of the Commission pursuant to the
Company’s application requesting confidential treatment under Rule 24b-2 of the Securities Exchange Act of 1934. 

  
 11 

 13.2 Public Announcements. Neither party shall issue any such press release or
make any such public announcement(s) related to the subject matter of this Agreement or any XDK License without the express prior consent of the other party, which consent will not be unreasonably withheld or delayed. Nothing contained in this
Section 13.2 will relieve Publisher of any other obligations it may have under this Agreement, including without limitation its obligations to seek and obtain Microsoft approval of Marketing Materials. 

13.3 Required Public Filings. Notwithstanding Sections 13.1 and 13.2, the parties acknowledge that this Agreement, or
portions thereof, may be required under applicable law to be disclosed, as part of or an exhibit to a party’s required public disclosure documents. If either party is advised by its legal counsel that such disclosure is required, it will notify
the other in writing and the parties will jointly seek confidential treatment of this Agreement to the maximum extent reasonably possible, in documents approved by both parties and filed with the applicable governmental or regulatory authorities,
and/or Microsoft will prepare a redacted version of this Agreement for filing. 
  

	14.	Protection of Proprietary Rights 

 14.1 Microsoft Intellectual Property. If Publisher learns of any infringement or imitation of the Licensed Trademarks, a Software Title, Online Content or FPU, or the proprietary rights in
or related to any of them, it will promptly notify Microsoft thereof. Microsoft may take such action as it deems advisable for the protection of its rights in and to such proprietary rights, and Publisher shall, if requested by Microsoft, cooperate
in all reasonable respects therein at Microsoft’s expense. In no event, however, shall Microsoft be required to take any action if it deems it inadvisable to do so. Microsoft will have the right to retain all proceeds it may derive from any
recovery in connection with such actions. 
 14.2 Publisher Intellectual Property. Publisher, without the express
written permission of Microsoft, may bring any action or proceeding relating to infringement or potential infringement of a Software Title, Online Content or FPU, to the extent such infringement involves any proprietary rights of Publisher (provided
that Publisher will not have the right to bring any such action or proceeding involving Microsoft’s intellectual property). Publisher shall make reasonable efforts to inform Microsoft regarding such actions in a timely manner. Publisher will
have the right to retain all proceeds it may derive from any recovery in connection with such actions. Publisher agrees to use all commercially reasonable efforts to protect and enforce its proprietary rights in the Software Title or Online Content.

 14.3 Joint Actions. Publisher and Microsoft may agree to jointly pursue cases of infringement involving the
Software Titles or Online Content (since such products will contain intellectual property owned by each of them). Unless the parties otherwise agree, or unless the recovery is expressly allocated between them by the court (in which case the terms of
Sections 14.1 and 14.2 will apply), in the event Publisher and Microsoft jointly prosecute an infringement lawsuit under this provision, any recovery will be used first to reimburse Publisher and Microsoft for their respective reasonable
attorneys’ fees and expenses, pro rata, and any remaining recovery shall also be given to Publisher and Microsoft pro rata based upon the fees and expenses incurred in bringing such action. 

 

	15.	Warranties 

 15.1
Publisher. Publisher warrants and represents that: 
 15.1.1 It has the full power to enter into this Agreement;

 15.1.2 It has obtained and will maintain all necessary rights and permissions for its and Microsoft’s use of the
Software Title, FPUs, Marketing Materials, Online Content, all information, data, logos, and software or other materials provided to Microsoft and/or made available to Xbox Live Users via Xbox Live (excluding those portions that consist of the
Licensed Trademarks, Security Technology and redistributable components of the so-called “XDK” in the form as delivered to Publisher by Microsoft pursuant to an XDK License) (collectively, the “Publisher Content”), and that all
Publisher Content complies with all laws and regulations, and does not and will not infringe upon or misappropriate any third party trade secrets, copyrights, trademarks, patents, publicity, privacy or other proprietary rights. 

15.1.3 It shall comply with all laws, regulations, industry content rating requirements and administrative orders and requirements within
any applicable Sales Territory relating to the distribution, sale and marketing of the Software Title, and shall keep in force all necessary licenses, permits, registrations, approvals and/or exemptions throughout the term of this Agreement and for
so long as it is distributing, selling or marketing the Software Title in any applicable Sales Territory. 
  
 Microsoft Confidential 
 Portions of this Exhibit were omitted and have been
filed separately with the Secretary of the Commission pursuant to the Company’s application requesting confidential treatment under Rule 24b-2 of the Securities Exchange Act of 1934.

  
 12 

 15.1.4 The Software Title, Online Content and/or information, data, logos and software or
other materials provided to Microsoft and /or made available to Xbox Live Users via Xbox Live, do not and shall not contain any messages, data, images or programs that are, by law, defamatory, obscene or pornographic, or in any way violate any
applicable laws or industry content rating requirements (including without limitation laws of privacy) of the applicable Sales Territory(ies) where the Software Title is marketed and/or distributed. 

15.1.5 The Online Content shall not harvest or otherwise collect information about Xbox Live Users, including e-mail addresses, without
the Xbox Live Users’ express consent; and the Online Content shall not link to any unsolicited communication sent to any third party. 
 15.2 Microsoft. Microsoft warrants and represents that it has the full power to enter into this Agreement and it has not previously and will not grant any rights to any third party that are
inconsistent with the rights granted to Publisher herein. 
 15.3 DISCLAIMER. EXCEPT AS EXPRESSLY STATED IN THIS
SECTION 15, MICROSOFT PROVIDES ALL MATERIALS (INCLUDING WITHOUT LIMITATION THE SECURITY TECHNOLOGY) AND SERVICES HEREUNDER ON AN “AS IS” BASIS, AND MICROSOFT DISCLAIMS ALL OTHER WARRANTIES UNDER THE APPLICABLE LAWS OF ANY COUNTRY,
EXPRESS OR IMPLIED, REGARDING THE MATERIALS AND SERVICES IT PROVIDES HEREUNDER, INCLUDING ANY IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, OR WARRANTY OF FREEDOM FROM COMPUTER VIRUSES. WITHOUT LIMITATION, MICROSOFT
PROVIDES NO WARRANTY OF NON-INFRINGEMENT. 
 15.4 EXCLUSION OF INCIDENTAL, CONSEQUENTIAL AND CERTAIN OTHER DAMAGES.
TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, IN NO EVENT SHALL MICROSOFT, ITS AFFILIATES, LICENSORS OR ITS SUPPLIERS BE LIABLE FOR ANY SPECIAL, INCIDENTAL, PUNITIVE OR CONSEQUENTIAL DAMAGES OF ANY KIND OR NATURE WHATSOEVER, RELATING TO THIS
AGREEMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY, INCLUDING WITHOUT LIMITATION, LOST PROFITS OR LOST GOODWILL AND WHETHER BASED ON BREACH OF ANY EXPRESS OR IMPLIED WARRANTY, BREACH OF CONTRACT, TORT (INCLUDING NEGLIGENCE) OR STRICT LIABILITY,
REGARDLESS OF WHETHER SUCH PARTY HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGE OR IF SUCH DAMAGE COULD HAVE BEEN REASONABLY FORESEEN. 
 15.5 LIMITATION OF LIABILITY. THE MAXIMUM LIABILITY OF MICROSOFT TO PUBLISHER OR TO ANY THIRD PARTY ARISING OUT OF THIS AGREEMENT WILL BE [***]. FURTHERMORE, UNDER NO CIRCUMSTANCES SHALL
MICROSOFT BE LIABLE TO PUBLISHER FOR ANY DAMAGES WHATSOEVER WITH RESPECT TO ANY CLAIMS RELATING TO THE SECURITY TECHNOLOGY AND/OR ITS EFFECT ON ANY SOFTWARE TITLE OR FOR ANY STATEMENTS OR CLAIMS MADE BY PUBLISHER, WHETHER IN PUBLISHER’S
MARKETING MATERIALS OR OTHERWISE, REGARDING THE AVAILABILITY OR OPERATION OF ANY ONLINE FEATURES. 
 16. Indemnity; Insurance. A
claim for which indemnity may be sought hereunder is referred to as a “Claim.” 
 16.1 Mutual
Indemnification. Each party hereby agrees to indemnify, defend, and hold the other party harmless from any and all third party claims, demands, costs, liabilities, losses, expenses and damages (including reasonable attorneys’ fees,
costs, and expert witnesses’ fees) arising out of or in connection with any claim that, taking the claimant’s allegations to be true, would result in a breach by the indemnifying party of any of its representations, warranties or covenants
set forth in Section 15. 
 16.2 Additional Publisher Indemnification Obligation. Publisher further agrees to
indemnify, defend, and hold Microsoft harmless from any and all third party claims, demands, costs, liabilities, losses, expenses and damages (including reasonable attorneys’ fees, costs, and expert witnesses’ fees) arising out of or in
connection with any claim regarding any Software Title or FPU including without limitation any claim relating to quality, performance, safety thereof, or arising out of Publisher’s use of the Licensed Trademarks in breach of this Agreement.

 16.3 Notice and Assistance. The indemnified party shall: (i) provide the indemnifying party reasonably prompt
notice in writing of any Claim and permit the indemnifying party to answer and defend such Claim through counsel chosen and paid by the indemnifying party; and (ii) provide information, assistance and authority to help the indemnifying party
defend such Claim. The indemnified party may participate in the defense of any Claim at its own expense. The 
  
 Microsoft Confidential 
 Portions of this Exhibit were omitted and have been
filed separately with the Secretary of the Commission pursuant to the Company’s application requesting confidential treatment under Rule 24b-2 of the Securities Exchange Act of 1934.

  
 13 

 
indemnifying party will not be responsible for any settlement made by the indemnified party without the indemnifying party’s written permission, which will not be unreasonably withheld or
delayed. In the event the indemnifying party and the indemnified party agree to settle a Claim, the indemnified party agrees not to publicize the settlement without first obtaining the indemnifying party’s written permission. 

16.4 Insurance. Publisher shall maintain sufficient and appropriate insurance coverage to enable it to meet its obligations under
this Agreement and by law (whether Products Liability, General Liability or some other type of insurance). For FPUs distributed in the Japan Sales Territory, Publisher’s coverage will have minimum limits of the Japanese yen equivalent of [***]
per occurrence, with a deductible of not more than the Japanese yen equivalent of [***]. For FPUs distributed in the Asian Sales Territory, Publisher’s coverage will have minimum limits of [***] per occurrence (or its equivalent value in local
currency as of the date of issuance), with a deductible of not more than [***] (or its equivalent value in local currency as of the date of issuance). For FPUs distributed outside of Japan and the Asian Sales Territories, Publisher shall maintain
Professional Liability and Errors & Omissions Liability Insurance (E&O) with policy limits of not less than [***] per occurrence (or its equivalent value in local currency as of the date of issuance), each claim with a deductible of not
more than [***] (or its equivalent value in local currency as of the date of issuance). Such insurance shall include coverage for infringement of any proprietary right of any third party, including without limitation copyright and trademark
infringement as related to Publisher’s performance under this Agreement. The E&O insurance retroactive coverage date will be no later than [***]. Publisher shall maintain an active policy, or purchase an extended reporting period providing
coverage for claims first made and reported to the insurance company within [***] after [***]. Upon request, Publisher shall deliver to Microsoft proof of such coverage. In the event that Publisher’s proof evidences coverage that Microsoft
reasonably determines to be less than that required to meet Publisher’s obligations created by this Agreement, then Publisher agrees that it shall promptly acquire such coverage and notify Microsoft in writing thereof. 

 

	17.	Term and Termination 

17.1 Term. The term of this Agreement shall commence on the Effective Date and shall continue until three (3) years after such
date that the Xbox 360 is first commercially released by Microsoft in the United States. Unless one party gives the other notice of non-renewal within sixty (60) days of the end of the then-current term, this Agreement shall automatically renew
for successive one-year terms. 
 17.2 Termination for Breach. If either party materially fails to perform or comply with
this Agreement or any provision thereof, and fails to remedy the default within fifteen (15) days after the receipt of notice to that effect, then the other party has the right, at its sole option and upon written notice to the defaulting
party, to terminate this Agreement upon written notice; provided that if Publisher is the party that has materially failed to perform or comply with this Agreement, then Microsoft has the right, but not the obligation, to suspend availability of the
Online Content during such fifteen-day period. Any notice of default hereunder must be prominently labeled “NOTICE OF DEFAULT”; provided, however, that if the default is of Sections 10, 12 or Sections 1 or 2 of Exhibit
1, the Non-Disclosure Agreement, or an XDK License, then the non-defaulting party may terminate this Agreement immediately upon written notice, without being obligated to provide a fifteen (15) day cure period. The
rights and remedies provided in this section are not exclusive and are in addition to any other rights and remedies provided by law or this Agreement. If the uncured default is related to a particular Software Title or particular Online Content,
then the party not in default has the right, in its discretion, to terminate this Agreement its entirety or with respect to the applicable Software Title or the particular Online Content. If Microsoft determines, at any time prior to the Commercial
Release of a Software Title or Online Content, that such Software Title or Online Content does not materially comply with the requirements set forth in the Xbox 360 Publisher Guide or to any applicable laws, then Microsoft has the right, in
Microsoft’s sole discretion and notwithstanding any prior approvals given by Microsoft, to terminate this Agreement without cost or penalty, as a whole or on a Software Title by Software Title, or Sales Territory by Sales Territory basis upon
written notice to Publisher with respect to such Software Title or Sales Territory. 
 17.3 Effect of Termination;
Sell-off Rights. Upon termination or expiration of this Agreement, Publisher has no further right to exercise the rights licensed hereunder or within the XDK License and shall promptly cease all manufacturing of FPU through its Authorized
Replicators and, other than as provided below, cease use of the Licensed Trademarks. Publisher shall have a period of six (6) months following expiration of this Agreement, or termination for a reason other than Publisher’s breach, to
sell-off its inventory of FPUs existing as of the date of termination or expiration, after which sell-off period Publisher shall immediately return all FPUs to an Authorized Replicator for destruction. Publisher shall cause the Authorized Replicator
to destroy all FPUs and issue to Microsoft written certification by an authorized representative of the Authorized Replicator confirming the destruction of FPUs required hereunder. All of Publisher’s obligations under this Agreement shall
continue to apply during such six-month sell-off period. If this Agreement is terminated due to Publisher’s breach, at Microsoft’s option, Microsoft may require Publisher to immediately destroy all FPUs not yet distributed to
Publisher’s distributors, dealers and/or end users and shall require all those distributing the FPU over 
  
 Microsoft Confidential 
 Portions of this Exhibit were omitted and have been
filed separately with the Secretary of the Commission pursuant to the Company’s application requesting confidential treatment under Rule 24b-2 of the Securities Exchange Act of 1934.

  
 14 

 
which it has control to cease distribution. Upon termination or expiration of this Agreement, Publisher shall continue to support existing Online Game Features for FPUs that have already been
sold until the end of the Minimum Commitment term. 
 17.4 Cross-Default. If Microsoft has the right to terminate this
Agreement, then Microsoft may, at its sole discretion also terminate the XDK License. If Microsoft terminates the XDK License due to a breach by Publisher, then Microsoft may, at its sole discretion also terminate this Agreement. 

17.5 Survival. The following provisions shall survive expiration or termination of this Agreement: Sections 2, 6.2.2 (as to
the Minimum Commitment), 6.2.3, 8 and Sections 1, 2 and 5 of Exhibit 1, 9.1-9.3, 10.3, 10.4, 11, 13.1, 14, 15, 16, 17.3, 17.5 and 18. 
  

	18.	General 

 18.1
Governing Law; Venue; Attorneys Fees. This Agreement is to be construed and controlled by the laws of the State of Washington, U.S.A., and Publisher consents to exclusive jurisdiction and venue in the federal courts sitting in King County,
Washington, U.S.A., unless no federal jurisdiction exists, in which case Publisher consents to exclusive jurisdiction and venue in the Superior Court of King County, Washington, U.S.A. Publisher waives all defenses of lack of personal jurisdiction
and forum non conveniens. Process may be served on either party in the manner authorized by applicable law or court rule. The English version of this Agreement is determinative over any translations thereof. If either party employs attorneys to
enforce any rights arising out of or relating to this Agreement, the prevailing party is entitled to recover its reasonable attorneys’ fees, costs and other expenses. This choice of jurisdiction provision does not prevent Microsoft from seeking
injunctive relief with respect to a violation of intellectual property rights or confidentiality obligations in any appropriate jurisdiction. 
 18.2 Notices; Requests. All notices and requests in connection with this Agreement are deemed given on the [***] after they are deposited in the applicable country’s mail system ([***]),
postage prepaid, certified or registered, return receipt requested; or [***] sent by overnight courier, charges prepaid, with a confirming fax; and addressed as follows: 

 

							
	Publisher:	  	Majesco Entertainment Company	  	Microsoft:	  	MICROSOFT LICENSING, GP
		  	160 Raritan Center Parkway	  		  	6100 Neil Road, Suite 100
		  	Edison, NJ 08837	  		  	Reno, NV 89511-1137
				
		  		  	Attention:	  	Xbox Accounting Services
	Attention:	  	Catherine Biebelberg	  		  	
	Fax:	  	732-225-5451	  	with a cc to:	  	MICROSOFT CORPORATION
	Phone:	  	732-225-8910	  		  	One Microsoft Way
	Email:	  	catherinb@majescoentertainment.com	  		  	Redmond, WA 98052-6399
				
		  		  	Attention:	  	Law & Corporate Affairs Department
		  		  		  	 Assoc. General Counsel, Consumer Legal Group (H&ED)

		  		  		  	Fax: (425) 936-7329

 or to such other address as the party to receive the notice or request so designates by written notice to the other.

 18.3 No Delay or Waiver. No delay or failure of either party at any time to exercise or enforce any right or remedy
available to it under this Agreement, and no course of dealing or performance with respect thereto, will constitute a waiver of any such right or remedy with respect to any other breach or failure by the other party. The express waiver by a party of
any right or remedy in a particular instance will not constitute a waiver of any such right or remedy in any other instance. All rights and remedies will be cumulative and not exclusive of any other rights or remedies. 

18.4 Assignment. Publisher may not assign this Agreement or any portion thereof, to any third party unless Microsoft expressly
consents to such assignment in writing. Microsoft will have the right to assign this Agreement and/or any portion thereof as Microsoft may deem appropriate and/or authorize its affiliates or partners to perform this Agreement in whole or part on its
behalf. For the purposes of this Agreement, a merger, consolidation, or other corporate reorganization, or a transfer or sale of a controlling interest in a party’s stock, or of all or substantially all of its assets is to be deemed to be an
assignment. This Agreement will inure to the benefit of and be binding upon the parties, their successors, administrators, heirs, and permitted assigns. 
  

Microsoft Confidential 

Portions of this Exhibit were omitted and have been filed separately with the Secretary of the Commission pursuant to the
Company’s application requesting confidential treatment under Rule 24b-2 of the Securities Exchange Act of 1934. 

  
 15 

 18.5 No Partnership. Microsoft and Publisher are entering into a license pursuant to
this Agreement and nothing in this Agreement is to be construed as creating an employer-employee relationship, a partnership, a franchise, or a joint venture between the parties. 

18.6 Severability. if any provision of this Agreement is found invalid or unenforceable pursuant to judicial decree or
decision, the remainder of this Agreement shall remain valid and enforceable according to its terms. The parties intend that the provisions of this Agreement be enforced to the fullest extent permitted by applicable law. Accordingly, the parties
agree that if any provisions are deemed not enforceable, they are to be deemed modified to the extent necessary to make them enforceable. 
 18.7 Injunctive Relief. The parties agree that Publisher’s threatened or actual unauthorized use of the Licensed Trademarks or other Microsoft proprietary rights whether in whole or in part,
may result in immediate and irreparable damage to Microsoft for which there is no adequate remedy at law. Either party’s threatened or actual breach of the confidentiality provisions may cause damage to the non-breaching party, and in such
event the non-breaching party is entitled to appropriate injunctive relief from any court of competent jurisdiction without the necessity of posting bond or other security. 
 18.8 Entire Agreement; Modification; No Offer. This Agreement (including the Concept, the Non-Disclosure Agreement, the Xbox 360 Publisher Guide, written amendments thereto, and other incorporated
documents) and the XDK License constitute the entire agreement between the parties with respect to the subject matter hereof and merges all prior and contemporaneous communications. This Agreement shall not be modified except by a written agreement
dated subsequent hereto signed on behalf of Publisher and Microsoft by their duly authorized representatives. Neither this Agreement nor any written or oral statements related hereto constitute an offer, and this Agreement is not legally binding
until executed by both parties hereto. 
 IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed as of
the Effective Date on the dates indicated below. 
  

					
	MICROSOFT LICENSING, GP	 		 	MAJESCO ENTERTAINMENT COMPANY
			
	/s/ Roxanne V. Spring	 		 	/s/ Jesse Sutton
	By (sign)	 		 	By (sign)
			
	 Roxanne V. Spring
	 		 	Jesse Sutton
	Name (Print)	 		 	Name (Print)
			
	 	 		 	President
	Title	 		 	Title
			
	September 13, 2005	 		 	September 8, 2005
	Date	 		 	Date

  
 Microsoft Confidential

 Portions of this Exhibit were omitted and have been filed separately with the Secretary of the Commission pursuant to the
Company’s application requesting confidential treatment under Rule 24b-2 of the Securities Exchange Act of 1934. 

  
 16 

 EXHIBIT 1 
 PAYMENTS 
  

	1.	Platform Royalty 

 a. For
each FPU manufactured during the term of this Agreement, Publisher shall pay Microsoft nonrefundable royalties in accordance with the royalty tables set forth below (Tables 1 and 2) and the “Unit Discount” table set forth in
Section 1.d of this Exhibit 1 (Table 3). 
 b. The royalty fee is determined by the “Threshold Price” (which is
the Wholesale Price (WSP) or Suggested Retail Price (SRP) at which Publisher intends to sell the Software Title in the applicable Sales Territory). To determine the applicable royalty rate for a particular Software Title in a particular Sales
Territory, the applicable Threshold Price from Table 1 below will determine the correct royalty “Tier.” The royalty fee is then as set forth in Table 2 based on the Manufacturing Region in which the FPUs will be manufactured. For example,
assume the Wholesale Price of a Software Title to be sold in the European Sales Territory is [***]. According to Table 1, [***] royalty rates will apply to that Software Title and the royalty rate is determined in Table 2 by the Manufacturing
Region. If the Software Title were manufactured in the European Manufacturing Region, the royalty fee would be [***] per FPU. If the Software Title were manufactured in Asian Manufacturing Region, the royalty fee would be [***] per FPU. 

[***] 
 c.
[***] submit to Microsoft, at least [***] for a Software Title, a completed and signed “Royalty Tier Selection Form” in the form attached to this Agreement as Exhibit 2 for each Sales Territory. The selection indicated in the
Royalty Tier Selection Form will only be effective once the Royalty Tier Selection Form has been accepted by Microsoft. If Publisher does not submit a Royalty Tier Selection Form as required hereunder, the royalty fee for such Software Title will
default to [***], regardless of the actual Threshold Price. The selection of a royalty tier for a Software Title in a Sales Territory is binding for the life of that Software Title even if the Threshold Price is reduced following the Software
Title’s Commercial Release. 
 d. Unit Discounts. Publisher is eligible for a discount to FPUs manufactured for
a particular Sales Territory (a “Unit Discount”) based on the number of FPUs that have been manufactured for sale in that Sales Territory as described in Table 3 below. Except as provided in Section 4 below, units manufactured
for sale in a Sales Territory are aggregated only towards a discount on FPUs manufactured for that Sales Territory; there is no worldwide or cross-territorial aggregation of units for a particular Software Title. The discount will be rounded up
to the nearest Cent, Yen or hundredth of a Euro.
 [***] 

 

	 	i.	For North American Sales Territory: 

 [***] 
  

	 	ii.	For Japan Sales Territory: 

[***] 
  

	2.	Payment Process 

 a.
[***]. Publisher shall not authorize its Authorized Replicators to begin production until such time as [***]. Depending upon Publisher’s credit worthiness, Microsoft may, but is not obligated to, offer Publisher credit terms for the payment of
royalties due under this Agreement within [***] of receipt of invoice. All payments will be made by wire transfer only, in accordance with the payment instructions set forth in the Xbox 360 Publisher Guide. 

b. Publisher will pay royalties for FPUs manufactured in the North American Manufacturing Region in US Dollars, for FPUs manufactured in
the Asian Manufacturing Region in Japanese Yen and for FPUs manufactured in the European Manufacturing Region in Euros. 
  

Microsoft Confidential 

Portions of this Exhibit were omitted and have been filed separately with the Secretary of the Commission pursuant to the
Company’s application requesting confidential treatment under Rule 24b-2 of the Securities Exchange Act of 1934. 

  
 1 

	3.	Billing Address 

 a.
Publisher may have only two “bill to” addresses for the payment of royalties under this Agreement, one for the North American Manufacturing Region and one for the Asian Manufacturing Region. If Publisher desires to have a
“bill-to” address in a European country, Publisher (or a Publisher Affiliate) must execute an MIOL Enrollment Form in the form attached to this Agreement as Exhibit 3. 
 Publisher’s billing address(es) is as follows: 
  

									
	North America Manufacturing Region:	 		 	Asian Manufacturing Region (if different):
					
	Name:	  	  
	 		 	Name:	  	  

	Address:	  	  
	 		 	Address:	  	  

		  	  
	 		 		  	  

		  	  
	 		 		  	  

					
	Attention:	  	  
	 		 	Attention:	  	  

	Email address:	  	  
	 		 	Email address:	  	  

	Fax:	  	  
	 		 	Fax:	  	  

	Phone:	  	  
	 		 	Phone:	  	  

  

	4.	Asia Simship Program 

 The purpose of this
program is to encourage Publisher to release Japanese FPUs or North American FPUs, that have been multi-region signed to run on NTSC-J boxes (hereinafter collectively referred to as “Simship Titles”), in Hong Kong, Singapore and Taiwan
(referred to as “Simship Territory”) at the same time as Publisher releases the Software Title in the Japan and/or North American Sales Territories. In order for a Software Title to qualify as a Simship Title, Publisher must release the
Software Title in the Simship Territory on the same date as the Commercial Release date of such Software Title in the Japan and/or North American Sales Territories, wherever the Software Title was first Commercially Released (referred to as
“Original Territory”). To the extent that a Software Title qualifies as a Simship Title, the applicable royalty tier (under Section 1.b of this Exhibit 1 above) and Unit Discount (under Section 1.d of this Exhibit 1
above) is determined as if all FPUs of such Software Title manufactured for distribution in both the Original Territory and the Simship Territory were manufactured for distribution in the Original Territory. For example, if a Publisher initially
manufactures [***] FPUs of a Software Title for the Japan Sales Territory and simships [***] of those units to the Simship Territory, the royalty fee for all of the FPUs is determined by [***]. In this example, Publisher would also receive a [***]
Unit Discount on [***] units for having exceeded the Unit Discount level specified in Section 1. d of this Exhibit 1 above applicable to the Japan Sales Territory. Publisher must provide Microsoft with written notice of its intention to
participate in the Asian Simship Program with respect to a particular Software Title at least [***] prior to manufacturing any FPUs it intends to qualify for the program. In its notice, Publisher shall provide all relevant information, including
total number of FPUs to be manufactured, number of FPUs to be simshipped into the Simship Territory, date of simship, etc. Publisher remains responsible for complying with all relevant import, distribution and packaging requirements as well as any
other applicable requirements set forth in the Xbox 360 Publisher Guide. 
  

	5.	Online Content 

 a. For
the purpose of this Section 5, the following capitalized terms have the following meanings: 
 [***] 

b. Publisher may, from time to time, submit Online Content to Microsoft for Microsoft to distribute via Xbox Live. [***] 

c. [***] 
 d.
[***] 
 e. Within [***] after the end of [***] with respect to which Microsoft owes Publisher any Royalty Fees, Microsoft shall
furnish Publisher with a statement, together with payment for any amount shown thereby to be due to Publisher. The statement will contain information sufficient to discern how the Royalty Fees were computed. 

 
 Microsoft Confidential 

Portions of this Exhibit were omitted and have been filed separately with the Secretary of the Commission pursuant to the
Company’s application requesting confidential treatment under Rule 24b-2 of the Securities Exchange Act of 1934. 

  
 2 

	6.	Xbox Live Billing and Collection 

Microsoft is responsible for billing and collecting all fees associated with Xbox Live, including fees for subscriptions and/or any Online Content for
which a Xbox Live User may be charged. [***]. 
  

	7.	Taxes 

 a. The amounts to
be paid by either party to the other do not include any foreign, U.S. federal, state, local, municipal or other governmental taxes, duties, levies, fees, excises or tariffs, arising as a result of or in connection with the transactions contemplated
under this Agreement including, without limitation, (i) any state or local sales or use taxes or any value added tax or business transfer tax now or hereafter imposed on the provision of any services to the other party under this Agreement,
(ii) taxes imposed or based on or with respect to or measured by any net or gross income or receipts of either party, (iii) any franchise taxes, taxes on doing business, gross receipts taxes or capital stock taxes (including any minimum
taxes and taxes measured by any item of tax preference), (iv) any taxes imposed or assessed after the date upon which this Agreement is terminated, (v) taxes based upon or imposed with reference to either parties’ real and/or personal
property ownership and (vi) any taxes similar to or in the nature of those taxes described in (i), (ii), (iii), (iv) or (v) above, now or hereafter imposed on either party (or any third parties with which either party is permitted to
enter into agreements relating to its undertakings hereunder) (all such amounts, together with any penalties, interest or any additions thereto, collectively “Taxes”). Neither party is liable for any of the other party’s Taxes
incurred in connection with or related to the sale of goods and services under this Agreement, and all such Taxes are the financial responsibility of the party obligated to pay such taxes as determined by the applicable law, provided that both
parties shall pay to the other the appropriate Collected Taxes in accordance with subsection 6.b below. Each party agrees to indemnify, defend and hold the other party harmless from any Taxes (other than Collected Taxes, defined below) or claims,
causes of action, costs (including, without limitation, reasonable attorneys’ fees) and any other liabilities of any nature whatsoever related to such Taxes to the extent such Taxes relate to amounts paid under this Amendment. 

b. Any sales or use taxes described in 6.a above that (i) are owed by either party solely as a result of entering into this
Agreement and the payment of the fees hereunder, (ii) are required to be collected from that party under applicable law, and (iii) are based solely upon the amounts payable under this Agreement (such taxes the “Collected Taxes”),
will be stated separately as applicable on payee’s invoices and will be remitted by the other party to the payee, upon request payee shall remit to the other party official tax receipts indicating that such Collected Taxes have been collected
and paid by the payee. Either party may provide the other party an exemption certificate acceptable to the relevant taxing authority (including without limitation a resale certificate) in which case payee shall not collect the taxes covered by such
certificate. Each party agrees to take such commercially reasonable steps as are requested by the other party to minimize such Collected Taxes in accordance with all relevant laws and to cooperate with and assist the other party, in challenging the
validity of any Collected Taxes or taxes otherwise paid by the payor party. Each party shall indemnify and hold the other party harmless from any Collected Taxes, penalties, interest, or additions to tax arising from amounts paid by one party to the
other under this Agreement, that are asserted or assessed against one party to the extent such amounts relate to amounts that are paid to or collected by one party from the other under this section. If any taxing authority refunds any tax to a party
that the other party originally paid, or a party otherwise becomes aware that any tax was incorrectly and/or erroneously collected from the other party, then that party shall promptly remit to the other party an amount equal to such refund, or
incorrect collection as the case may be plus any interest thereon. 
 c. If taxes are required to be withheld on any amounts
otherwise to be paid by one party to the other, the paying party shall deduct such taxes from the amount otherwise owed and pay them to the appropriate taxing authority. At a party’s written request and expense, the parties shall use reasonable
efforts to cooperate with and assist each other in obtaining tax certificates or other appropriate documentation evidencing such payment, provided, however, that the responsibility for such documentation shall remain with the payee party. If
Publisher is required by any non-U.S.A. government to withhold income taxes on payments to Microsoft, then Publisher may deduct such taxes from the amount owed Microsoft and shall pay them to the appropriate tax authority, provided that within [***]
of such payment, Publisher delivers to Microsoft an official receipt for any such taxes withheld or other documents necessary to enable Microsoft to claim a U.S.A. Foreign Tax Credit. 

d. This Section 7 shall govern the treatment of all taxes arising as a result of or in connection with this Agreement
notwithstanding any other section of this Agreement. 
  

	8.	Audit 

 During the term of this Agreement
and for [***] each party shall keep all usual and proper records related to its performance under this Agreement, including but not limited to audited financial statements and support for all transactions related to the 

 
 Microsoft Confidential 

Portions of this Exhibit were omitted and have been filed separately with the Secretary of the Commission pursuant to the
Company’s application requesting confidential treatment under Rule 24b-2 of the Securities Exchange Act of 1934. 

  
 3 

 
ordering, production, inventory, distribution and billing/invoicing information. Such records, books of account, and entries will be kept in accordance with generally accepted accounting
principles. Either party (the “Auditing Party”) may audit and/or inspect the other party’s (the “Audited Party”) records no more than [***] in any [***] period in order to verify compliance with the terms of this Agreement.
The Auditing Party may, upon reasonable advance notice, audit the Audited Party’s records and consult with the Audited Party’s accountants for the purpose of verifying the Audited Party’s compliance with the terms of this Agreement
and for a period of [***]. Any such audit will be conducted during regular business hours at the Audited Party’s offices. Any such audit will be paid for by Auditing Party unless Material discrepancies are disclosed. As used in this section,
“Material” means [***]. If Material discrepancies are disclosed, the Audited Party agrees to pay the Auditing Party for [***]. 
  

Microsoft Confidential 

Portions of this Exhibit were omitted and have been filed separately with the Secretary of the Commission pursuant to the
Company’s application requesting confidential treatment under Rule 24b-2 of the Securities Exchange Act of 1934. 

  
 4 

 EXHIBIT 2 
 XBOX 360 ROYALTY TIER SELECTION FORM 
 PLEASE COMPLETE THE BELOW INFORMATION, SIGN THE
FORM, AND FAX IT TO MICROSOFT AT 
 +1 (425) 708-2300 TO THE ATTENTION OF MICROSOFT LICENSING, GP (MSLI) AND YOUR ACCOUNT
MANAGER. 
 NOTES: 
  

	1.	THIS FORM MUST BE SUBMITTED AT LEAST [***]. IF THIS FORM IS NOT SUBMITTED ON TIME, THE ROYALTY RATE WILL DEFAULT TO [***] FOR THE APPLICABLE SALES
TERRITORY. 

  

	2.	A SEPARATE FORM MUST BE SUBMITTED FOR EACH SALES TERRITORY. 

 

	1.	Publisher Name:
                                         
                                         
                                         
                                  

 

	2.	Xbox 360 Software Title Name:
                                         
                                         
                                         
                          

  

			
		
	 3.      XeMID Number:
	  	 4.      Manufacturing Region (check one):

		
	  
	  	
                  
                North American
                                  
 European

                  
                Asian

		  
		
	 5.      Sales Territory (check one):

 

                  
                 North American Sales Territory
                                  
  Japan Sales Territory

                  
                 European Sales Territory
                                  
  Asian Sales Territory
	  	 6.      Final Certification Date:
                                        

		
	 7.      Select Royalty Tier: (check one): [***]
	  	

 The undersigned represents that he/she has authority to submit this form on behalf of the above publisher, and that the
information contained herein is true and accurate. 
  

	
	  

	By (sign)
	
	  

	Name, Title (Print)
	
	  

	E-Mail Address (for confirmation of receipt)
	
	  

	Date (Print mm/dd/yy)

  
 Microsoft Confidential

 Portions of this Exhibit were omitted and have been filed separately with the Secretary of the Commission pursuant to the
Company’s application requesting confidential treatment under Rule 24b-2 of the Securities Exchange Act of 1934. 

  
 1 

 EXHIBIT 3 
 XBOX 360 PUBLISHER ENROLLMENT FORM 
 PLEASE COMPLETE THIS FORM, SIGN IT, AND FAX IT TO
MICROSOFT AT  
 +1 (425) 708-2300 TO THE ATTENTION OF YOUR ACCOUNT MANAGER.  

NOTE: PUBLISHER MUST COMPLETE, SIGN AND SUBMIT THIS ENROLLMENT FORM [***]. 

This Xbox 360 Publisher License Enrollment (“Enrollment”) is entered into between Microsoft Ireland Operations Ltd.
(“MIOL”) and Majesco Entertainment Company (“Publisher”), and is effective as of the latter of the two signatures identified below. The terms of that certain Xbox 360 Publisher License Agreement signed by Microsoft Licensing GP
and Majesco Entertainment Company, dated on or about                      (the “Xbox 360 PLA”) are incorporated herein by reference.

 1. Term. This Enrollment will expire on the date on which the Xbox 360 PLA expires, unless it is terminated earlier as
provided for in that agreement. 
 2. Representations and Warranties. By signing this Enrollment, the parties agree to be
bound by the terms of this Enrollment and Publisher represents and warrants that: (i) it has read and understood the Xbox 360 PLA, including any amendments thereto, and agree to be bound by those; (ii) it is either the entity that signed
the Xbox 360 PLA or its affiliate; and (iii) the information that provided herein is accurate. 
 3. Notices;
Requests. All notices and requests in connection with this Enrollment are deemed given on (i) the [***] after they are deposited in the applicable country’s mail system ([***] if sent internationally), postage prepaid, certified or
registered, return receipt requested; or (ii) [***] after they are sent by overnight courier, charges prepaid, with a confirming fax; and addressed as follows: 
  

							
	Publisher: 	 	  
	    	Microsoft:	  	 MICROSOFT IRELAND OPERATIONS LTD.
 Microsoft European Operations Centre,
 Atrium Building Block B,

Carmenhall Road,
 Sandyford Industrial
Estate
 Dublin 18

Ireland

	Address: 	 	  
	    		  
		 	  
	    		  
	Attention:	 	  
	    		  	
				
	Fax: 	 	  
	    		  	Fax: 353 1 706 4110
				
	Phone: 	 	  
	    	Attention:	  	MIOL Xbox Accounting Services
				
	Email: 	 	  
	    	with a cc to:	  	 MICROSOFT CORPORATION
 One
Microsoft Way
 Redmond, WA 98052-6399

				
		 		    	Attention:	  	 Law & Corporate Affairs Department
 Consumer
 Legal Group, H&ED (Xbox)
 Fax: +1 (425) 706-7329

 or to such other address as the party to receive the notice or request so designates by written notice to the other.

 [remainder of page intentionally left blank] 

 
 Microsoft Confidential 

Portions of this Exhibit were omitted and have been filed separately with the Secretary of the Commission pursuant to the
Company’s application requesting confidential treatment under Rule 24b-2 of the Securities Exchange Act of 1934. 

  
 1 

 4. Billing Address. For purposes of the Xbox 360 PLA, Exhibit 1, Section 3,
Publisher’s billing address for the European Manufacturing Region is as follows: 
  

			
	Name:	  	  

		
	Address:	  	  

		
		  	  

		
		  	  

		
	VAT number:	  	  

		
	Attention:	  	  

		
	Email address:	  	  

		
	Fax:	  	  

		
	Phone:	  	  

  

			
	MICROSOFT IRELAND OPERATIONS LTD.	    	PUBLISHER:                           
                                         
                               
		
	  
	    	  

	By (sign)	    	By (sign)
		
	  
	    	  

	Name (Print)	    	Name (Print)
		
	  
	    	  

	Title	    	Title
		
	  
	    	  

	Date (Print mm/dd/yy)	    	Date (Print mm/dd/yy)

  
 Microsoft Confidential

 Portions of this Exhibit were omitted and have been filed separately with the Secretary of the Commission pursuant to the
Company’s application requesting confidential treatment under Rule 24b-2 of the Securities Exchange Act of 1934. 

  
 2 

 EXHIBIT 4 
 AUTHORIZED AFFILIATES 
 Publisher affiliates authorized to perform the rights and
obligations under this Agreement are: 
  

													
	I.    	 	Name: 	  	  
	  		  	II.    	  	Name:	  	  

		 	Address: 	  	  
	  		  		  	Address:	  	  

		 		  	  
	  		  		  		  	  

		 		  	  
	  		  		  		  	  

		 		  	  
	  		  		  		  	  

		 	Telephone:	  	  
	  		  		  	Telephone:	  	  

		 	Fax:	  	  
	  		  		  	Fax:	  	  

 Publisher will provide Microsoft at least [***] written notice of the name and address of each additional Publisher
affiliate that Publisher wishes to add to this Exhibit 4. Any additional Publisher affiliate may not perform any rights or obligations under this Agreement until it has signed and submitted a Publisher Affiliate Agreement (attached below) to
Microsoft 
 PUBLISHER AFFILIATE AGREEMENT 
 For good and valuable consideration,                     , a corporation of
                     (“Publisher Affiliate”) hereby covenants and agrees with Microsoft Licensing, GP, a Nevada general partnership
that Publisher Affiliate will comply with all obligations of                      (“Publisher”) pursuant to that certain Xbox 360 Publisher
License Agreement between Microsoft and Publisher dated                     , 200     (the “Xbox 360 PLA”) and to be
bound by the terms and conditions of this Publisher Affiliate Agreement. Capitalized terms used herein and not otherwise defined will have the same meaning as in the Agreement. 
 Publisher Affiliate acknowledges that its agreement herein is a condition for Publisher Affiliate to exercise the rights and perform the obligations established by the terms of the Xbox 360 PLA. Publisher
Affiliate and Publisher will be jointly and severally liable to Microsoft for all obligations related to Publisher Affiliate’s exercise of the rights, performance of obligations, or receipt of Confidential Information under the Xbox 360 PLA.
This Publisher Affiliate Agreement may be terminated in the manner set forth in the Xbox 360 PLA. Termination of this Publisher Affiliate Agreement does not terminate the Xbox 360 PLA with respect to Publisher or any other Publisher Affiliates.

 IN WITNESS WHEREOF, Publisher Affiliate has executed this agreement as of the date set forth below. All signed copies of this Publisher
Affiliate Agreement will be deemed originals. 
  

	
	  

	Signature
	
	  

	Title
	
	  

	Name (Print)
	
	  

	Date

  
 Microsoft Confidential

 Portions of this Exhibit were omitted and have been filed separately with the Secretary of the Commission pursuant to the
Company’s application requesting confidential treatment under Rule 24b-2 of the Securities Exchange Act of 1934. 

  
 1 

 EXHIBIT 5 
 NON-DISCLOSURE AGREEMENT 
 This Non-Disclosure Agreement (the “Agreement”) is
made and entered into as of the later of the two signature dates below. 
  

									
	COMPANY: Majesco Sales Inc.	 		 	MICROSOFT CORPORATION
	Address: 160 Raritan Center Parkway	 		 	One Microsoft Way
	Edison	 		 	Redmond, WA 98052-6399
	08837	 		 		 	
				
	New Jersey	 		 	USA	 	
					
	Sign: 	 	 /s/ Joseph Tuchinsky
	 		 	Sign: 	 	 /s/ Sandra Ting

	Print Name: 	 	 Joseph Tuchinsky
	 		 	Print Name:	 	 Sandra Ting

	Print Title: 	 	 Sr. VP
	 		 	Print Title: 	 	 Sr. Business Development Manager

	Signature Date:	 	  
	 		 	Signature Date:	 	 1/10/05

  

	1.	Definition of Confidential Information and Exclusions 

 (a) “Confidential Information” means nonpublic information that a party to this Agreement (“Disclosing Party”) designates as being confidential to the party that receives such
information (“Receiving Party”) or which, under the circumstances surrounding disclosure ought to be treated as confidential by the Receiving Party. “Confidential Information” includes, without limitation, information in tangible
or intangible form relating to and/or including released or unreleased Disclosing Party software or hardware products, the marketing or promotion of any Disclosing Party product, Disclosing Party’s business policies or practices, and
information received from others that Disclosing Party is obligated to treat as confidential. Except as otherwise indicated in this Agreement, the term “Disclosing Party” also includes all Affiliates of the Disclosing Party and, except as
otherwise indicated, the term “Receiving Party” also includes all Affiliates of the Receiving Party. An “Affiliate” means any person, partnership, joint venture, corporation or other form of enterprise, domestic or foreign,
including but not limited to subsidiaries, that directly or indirectly, control, are controlled by, or are under common control with a party. Prior to the time that any Confidential Information is shared with an Affiliate who has not signed this
Agreement, the Receiving Party that executed this Agreement (the “Signatory Receiving Party”) shall have entered into an appropriate written agreement with that Affiliate sufficient to enable the Disclosing Party and/or the Signatory
Receiving Party to enforce all of the provisions of this Agreement against such Affiliate. 
 (b) Confidential Information shall
not include any information, however designated, that: (i) is or subsequently becomes publicly available without Receiving Party’s breach of any obligation owed Disclosing Party; (ii) became known to Receiving Party prior to
Disclosing Party’s disclosure of such information to Receiving Party pursuant to the terms of this Agreement; (iii) became known to Receiving Party from a source other than Disclosing Party other than by the breach of an obligation of
confidentiality owed to Disclosing Party; (iv) is independently developed by Receiving Party; or (v) constitutes Feedback (as defined in Section 5 of this Agreement). 

 

	2.	Obligations Regarding Confidential Information 

 (a) Receiving Party shall: 
  

	 	(i)	Refrain from disclosing any Confidential Information of the Disclosing Party to third parties for five (5) years following the date that Disclosing Party first
discloses such Confidential information to Receiving Party, except as expressly provided in Sections 2(b) and 2(c) of this Agreement; 

  

Microsoft Confidential 

Portions of this Exhibit were omitted and have been filed separately with the Secretary of the Commission pursuant to the
Company’s application requesting confidential treatment under Rule 24b-2 of the Securities Exchange Act of 1934. 

  
 1 

	 	(ii)	Take reasonable security precautions, at least as great as the precautions it takes to protect its own confidential information, but no less than reasonable care, to
keep confidential the Confidential Information of the Disclosing Party; 

  

	 	(iii)	Refrain from disclosing, reproducing, summarizing and/or distributing Confidential Information of the Disclosing Party except in pursuance of Receiving Party’s
business relationship with Disclosing Party, and only as otherwise provided hereunder; and 

  

	 	(iv)	Refrain from reverse engineering, decompiling or disassembling any software code and/or pre-release hardware devices disclosed by Disclosing Party to Receiving Party
under the terms of this Agreement, except as expressly permitted by applicable law. 

 (b) Receiving Party may
disclose Confidential Information of Disclosing Party in accordance with a judicial or other governmental order, provided that Receiving Party either (i) gives the Disclosing Party reasonable notice prior to such disclosure to allow Disclosing
Party a reasonable opportunity to seek a protective order or equivalent, or (ii) obtains written assurance from the applicable judicial or governmental entity that it will afford the Confidential Information the highest level of protection
afforded under applicable law or regulation. Notwithstanding the foregoing, the Receiving Party shall not disclose any computer source code that contains Confidential Information of the Disclosing Party in accordance with a judicial or other
governmental order unless it complies with the requirement set forth in sub-section (i) of this Section 2(b). 
 (c)
The Receiving Party may disclose Confidential Information only to Receiving Party’s employees and consultants on a need-to-know basis. The Receiving Party will have executed or shall execute appropriate written agreements with its employees and
consultants sufficient to enable Receiving Party to enforce all the provisions of this Agreement. 
 (d) Receiving Party shall
notify the Disclosing Party immediately upon discovery of any unauthorized use or disclosure of Confidential Information or any other breach of this Agreement by Receiving Party and its employees and consultants, and will cooperate with Disclosing
Party in every reasonable way to help Disclosing Party regain possession of the Confidential Information and prevent its further unauthorized use or disclosure. 
 (e) Receiving Party shall, at Disclosing Party’s request, return all originals, copies, reproductions and summaries of Confidential Information and all other tangible materials and devices provided
to the Receiving Party as Confidential Information, or at Disclosing Party’s option, certify destruction of the same. 
 3.
Remedies. The parties acknowledge that monetary damages may not be a sufficient remedy for unauthorized disclosure of Confidential Information and that Disclosing Party shall be entitled, without waiving any other rights or remedies, to such
injunctive or equitable relief as may be deemed proper by a court of competent jurisdiction. 
 4. Miscellaneous 

(a) All Confidential Information is and shall remain the property of Disclosing Party. By disclosing Confidential Information to Receiving
Party, Disclosing Party does not grant any express or implied right to Receiving Party to or under any patents, copyrights, trademarks, or trade secret information except as otherwise provided herein. Disclosing Party reserves without prejudice the
ability to protect its rights under any such patents, copyrights, trademarks, or trade secrets except as otherwise provided herein. 
 (b) In the event that the Disclosing Party provides any computer software and/or hardware to the Receiving Party as Confidential Information under the terms of this Agreement, such computer software
and/or hardware may only be used by the Receiving Party for evaluation and providing Feedback (as defined in Section 5 of this Agreement) to the Disclosing Party. Unless otherwise agreed by the Disclosing Party and the Receiving Party, all such
computer software and/or hardware is provided was “AS IS” without warranty of any kind, and Receiving Party agrees that neither Disclosing Party nor its suppliers shall be liable for any damages whatsoever arising from or relating to
Receiving Party’s use of or inability to use such software and/or hardware. 
 (c) The parties agree to comply with all
applicable international and national laws that apply to (i) any Confidential Information, or (ii) any product (or any part thereof), process or service that is the direct product of the Confidential Information, including the U.S. Export
Administration Regulations, as well as end-user, end-use and destination restrictions issued by U.S. and other governments. For additional information on exporting Microsoft products, see http://www.microsoft.com/exporting/. 

 
 Microsoft Confidential 

Portions of this Exhibit were omitted and have been filed separately with the Secretary of the Commission pursuant to the
Company’s application requesting confidential treatment under Rule 24b-2 of the Securities Exchange Act of 1934. 

  
 2 

 (d) The terms of confidentiality under this Agreement shall not be construed to limit either
the Disclosing Party or the Receiving Party’s right to independently develop or acquire products without use of the other party’s Confidential Information. Further, the Receiving Party shall be free to use for any purpose the residuals
resulting from access to or work with the Confidential Information of the Disclosing Party, provided that the Receiving Party shall not disclose the Confidential Information except as expressly permitted pursuant to the term of this Agreement. The
term “residuals” means information in intangible form, which is retained in memory by persons who have had access to the Confidential Information, including ideas, concepts, know-how or techniques contained therein. The Receiving Party
shall not have any obligation to limit or restrict the assignment of such persons or to pay royalties for any work resulting from the use of residuals. However, this sub-paragraph shall not be deemed to grant to the Receiving Party a license under
the Disclosing Party’s copyrights or patents. 
 (e) None of the provisions of this Agreement shall be deemed to have been
waived by any act or acquiescence on the part of Disclosing Party, the Receiving Party, their agents, or employees, but only by an instrument in writing signed by an authorized employee of Disclosing Party and the Receiving Party. No waiver of any
provision of this Agreement shall constitute a waiver of any other provision(s) or of the same provision on another occasion. 

(f) If either Disclosing Party or the Receiving Party employs attorneys to enforce any rights arising out of or relating to this
Agreement, the prevailing party shall be entitled to recover reasonable attorneys’ fees and costs. This Agreement shall be construed and controlled the laws of the State of Washington, and the parties further consent to exclusive jurisdiction
and venue in the federal courts sitting in King County, Washington, unless no federal subject matter jurisdiction exists, in which case the parties consent to the exclusive jurisdiction and venue in the Superior Court of King County, Washington.
Company waives all defenses of lack of personal jurisdiction and forum non conveniens. Process may be served on either party in the manner authorized by applicable law or court rule. 

(g) This Agreement shall be binding upon and inure to the benefit of each party’s respective successors and lawful assigns;
provided, however, that neither party may assign this Agreement (whether by operation of law, sale of securities or assets, merger or otherwise), in whole or in part, without the prior written approval of the other party. Any attempted assignment in
violation of this Section shall be void. 
 (h) If any provision of the Agreement shall be held by a court of competent
jurisdiction to be illegal, invalid or unenforceable, the remaining provisions shall remain in full force and effect. 
 (i)
Either party may terminate this Agreement with or without cause upon ninety (90) days prior written notice to the other party sent to the address listed above (and if to Microsoft, with a cc to “Law & Corporate Affairs, attn. NDA,
LCA Records”). All sections of this Agreement shall survive any such termination. 
 (j) This copy of this Agreement may
not be altered except to complete any blanks in the signature blocks above (e.g., signature date), and any other modification, additions, or other alterations are void and not part of this Agreement. This Agreement shall not be modified except by a
written agreement dated subsequent to the date of this Agreement and signed by both parties. 
 (k) This Agreement constitutes
the entire agreement between the parties with respect to the subject matter hereof and supersedes all prior and contemporaneous non-disclosure agreements or communications. It shall not be modified except by a written agreement dated subsequent to
the date of this Agreement and signed on behalf of the parties by their respective duly authorized representatives. 
 5. Suggestions and
Feedback. The Receiving Party may from time to time provide suggestions, comments or other feedback (“Feedback”) to the Disclosing Party with respect to Confidential Information provided originally by the Disclosing Party. Both parties
agree that all Feedback is and shall be given entirely voluntarily. Feedback, even if designated as confidential by the party offering the Feedback, shall not, absent a separate written agreement, create any confidentially obligation for the
receiver of the Feedback. Receiving Party will not give Feedback that is subject to license terms that seek to require any Disclosing Party product, technology, service or documentation incorporating or derived from such Feedback, or any Disclosing
Party intellectual property, to be licensed or otherwise shared with any third party. Furthermore, except as otherwise provided herein or in a separate subsequent written agreement between the parties, the receiver of the Feedback shall be free to
use, disclose, reproduce, license or otherwise distribute, and exploit the Feedback provided to it as it sees fit, entirely without obligation or restriction of any kind on account of intellectual property rights or otherwise. 

 
 Microsoft Confidential 

Portions of this Exhibit were omitted and have been filed separately with the Secretary of the Commission pursuant to the
Company’s application requesting confidential treatment under Rule 24b-2 of the Securities Exchange Act of 1934. 

  
 3 

 EXHIBIT 6 
 JAPAN AND ASIA ROYALTY INCENTIVE PROGRAM 
  

	1.	Overview 

 To encourage Publisher to
release localized Software Titles in the Japan and Asian Sales Territories during [***], Publisher may qualify for a special incentive payment equal to [***] according to the terms of this Exhibit 6 (the “Royalty Incentive Program”).

  

	2.	Qualified FPUs 

 In order to qualify for
the Royalty Incentive Program, the following requirements must be met. 
 a. Approved Concept Submission Form. Publisher
must send Microsoft a completed Concept submission form (in a format to be provided by Microsoft) for any Software Titles Publisher intends to qualify for the Royalty Incentive Program no later than [***]. In order for FPUs to qualify for the
Royalty Incentive Program, Publisher’s Concept for the Software Title must be received on time and approved by Microsoft. 

b. J-signed. Only FPUs that are “J-signed” (as defined in the Xbox 360 Publisher Guide) to technically restrict their
operation to Xbox consoles made for the Japan and Asian Sales Territories will qualify for the Royalty Incentive Program. 
 c.
[***] 
 d. [***] 
 e, Public Relations. In order to qualify for the Royalty Incentive Program, Publisher must allow Microsoft to publicly disclose that the Software Title will be released on Xbox 360 in the Japan or
Asian Sales Territories. 
 f. Timely Payment. Publisher must pay royalty fees on time in accordance with this Agreement
or its credit arrangement with Microsoft in order to qualify for the Royalty Incentive Program. 
  

	3.	Payment 

 a.
Manufacturing Periods. The Royalty Incentive Program will only apply to qualified FPUs manufactured [***] (as applicable for the FPU). 
 b. Incentive Payments. Microsoft will make royalty incentive payments within [***] in which qualified FPUs were manufactured. 

c. Limit. Subject to the terms of this Exhibit 6, Publisher’s royalty incentive payment will equal [***]. Publisher
acknowledges that the Royalty Incentive Payment will only apply to [***]. 
  
 Microsoft Confidential 
 Portions of this Exhibit were omitted and have been
filed separately with the Secretary of the Commission pursuant to the Company’s application requesting confidential treatment under Rule 24b-2 of the Securities Exchange Act of 1934.

  
 1 

 EXHIBIT 7 
 XBOX 360 LIVE INCENTIVE PROGRAM 
  

	1.	Xbox 360 Live Incentive Program 

 To
encourage Publisher to support functionality for Xbox Live in its Xbox 360 Software Titles and to drive increased usage of Xbox Live via Xbox 360, Publisher may qualify for certain payments based on the amount of Xbox Live Market Share (defined in
Section 2.a. of this Exhibit 7 below) created by Publisher’s Multiplayer Software Titles (defined in Section 2.c. of this Exhibit 7 below). Each Accounting Period (defined in Section 3.c. of this exhibit below),
Microsoft will calculate Publisher’s Xbox Live Market Share. If it is above [***], then Microsoft will pay Publisher an amount [***]. The basic equation for calculating the Publisher’s payment under this program is: 

[***] 
 The following sections
define the elements of this basic equation. 
 Notwithstanding anything herein to the contrary, use of or revenue derived from online games for
which an end user pays a subscription separate from any account established for basic use of Xbox Live, are excluded from this Xbox 360 Live Incentive Program. 
  

	2.	Xbox Live Market Share 

a. “Xbox Live Market Share” = [***]. 
 b. “Unique User Market Share” means [***]. 
 c.
“Multiplayer Software Titles” means a Software Title for Xbox 360 that supports real-time multiplayer game play. 
 d. “[***] Unique Users” means [***]. 
 e. “Paying
Subscriber” means [***]. 
 f. “[***] Unique User Market Share” means [***]. 

g. “[***] Unique Users” means the [***]. 

h. “New Subscriber Market Share” means [***]. 
 i. “New Subscriber” means a Paying Subscriber who pays for an Xbox Live account for the first time. A New Subscriber is attributed to the first Multiplayer Software Title he or she
plays, even if such play was during a free-trial period which was later converted into a paying subscription. Each Paying Subscriber can only be counted as a New Subscriber once. 

 

	3.	Participation Pool 

 a.
“Participation Pool” means [***]. 
 b. “Subscription Revenue” means [***]. 

c. “Accounting Period” means a [***], within the Term (defined below); provided that if the Effective Date of this
Agreement or the expiration date of this program falls within such [***], then the applicable payment calculation set forth below shall be made for a partial Accounting Period, as appropriate. 
  
 Microsoft Confidential 
 Portions of this Exhibit were omitted and have been filed separately with the Secretary of the Commission pursuant to the Company’s application requesting confidential
treatment under Rule 24b-2 of the Securities Exchange Act of 1934. 

  
 1 

	4.	Example 

 [***] 

 

	5.	Term 

 This Xbox 360 Live Incentive
Program will be available for [***]. Microsoft reserves the right to change the weights for averaging set forth in Section 2.a. of this exhibit upon written notice to Publisher, but no more frequently than [***]. 

 

	6.	Payments 

 In the event Publisher
qualifies for a payment under this program during an Accounting Period, Microsoft shall furnish Publisher with a statement, together with payment for any amount shown thereby to be due to Publisher within [***]. 

 
 Microsoft Confidential 

Portions of this Exhibit were omitted and have been filed separately with the Secretary of the Commission pursuant to the
Company’s application requesting confidential treatment under Rule 24b-2 of the Securities Exchange Act of 1934. 

  
 2

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