Document:

Exhibit 10.2  

STRICTLY CONFIDENTIAL

FOX PAINE & COMPANY, LLC

950 Tower Lane

Suite 1150

Foster City, California 94404 

August 11,
2006 

Paradigm
Geophysical Ltd.

Gay-Yam Center No. 3

9 Shenkar Street

Herzliya Pituach 46120, Israel 

	Re:
	 Management Agreement  

Ladies and Gentlemen: 

        We
refer to the Management Agreement, dated as of August     , 2004 (the "Existing Agreement"), between Paradigm Geophysical Ltd., a company formed under the laws
of the State of Israel (the "Company") and Fox Paine & Company, LLC, a Delaware limited liability company ("Fox Paine"). In
connection with the acquisition (the "Acquisition") of the outstanding shares of capital stock of Earth Decision Sciences S.A. a société anonyme organized and
existing under the laws of France by the Company's sole shareholder, Paradigm Geotechnology B.V., a private company with limited liability (besloten vennootschap met
beperkte aansprakelijkheid) organized under Netherlands law (the "Parent"), the Company and Fox Paine wish to amend and restate the Existing
Agreement on the terms set forth herein, effective as of the date set forth above. 

        In
connection with the ongoing operations of the Company subsequent to the consummation of the Acquisition, the Company agrees to pay, as compensation for Fox Paine's ongoing provision
of certain financial and strategic consulting, advisory and other services to the Company and its affiliates (the "Services"), an annual fee equal to
US $1,100,000.00 per calendar year (the "Annual Services Fee"), which Annual Services Fee shall be billed to the Company by Fox Paine, payable annually on or before
the date hereof and each anniversary thereof and continuing until the earlier of (i) such time as the Funds no longer hold an indirect equity investment in the Company and (ii) such time
as Fox Paine and the Company agree in writing to modify or terminate the arrangements contemplated hereby. The parties hereto acknowledge that the Services contemplated hereby, and the Annual Service
Fee payable therefor, shall not include investment banking or other similar services that may be provided to the Company and its affiliates from time to time by Fox Paine and its affiliates, any
transaction fees that may be payable in connection with any such services or any expenses incurred by Fox Paine and its affiliates in connection with such services. Payments made by the Company
pursuant to this letter agreement shall be made by wire transfer of immediately available funds to such account as Fox Paine shall designate to the Company in writing from time to time; provided,
that, (x) the amount of transaction fees expenses payable to Fox Paine in connection with the Acquisition shall not exceed $2,850,000, minus an amount equal to the fees and expenses payable to
the Parent in connection with the Acquisition, and (y) the amount of transaction fees payable to Fox Paine in connection with an Initial Public Offering shall not exceed 1 percent of the
gross proceeds of such offering. After an Initial Public Offering, the Company may elect to (a) terminate this letter agreement for a payment equal to the sum of $2,200,000 plus an amount equal
to 1 percent of the gross proceeds of the offering (in which case the Company will not be obligated to pay Fox Paine the transaction fee described in clause (y) of the previous
sentence), or (b) continue to pay the Annual Service Fee until such time as Fox Paine and its affiliates own less than 50% of the outstanding capital stock of Parent. For purposes 

1

 

of
this letter agreement, "Initial Public Offering" shall mean the first to occur of a US IPO (as defined below) or an Other IPO (as defined below). "Other IPO" shall mean an underwritten
initial public offering or public offerings (on a cumulative basis) of ordinary shares of the Parent or another entity that holds a majority of the outstanding shares of Parent's capital stock on an
international securities exchange with aggregate gross proceeds to the Parent of at least U.S. $50 million; provided that a "US IPO" shall not constitute an "Other IPO."
"US IPO" shall mean an underwritten initial public offering or public offerings (on a cumulative basis) of ordinary shares of the Parent or another entity that holds a majority of the
outstanding shares of Parent's capital stock pursuant to a registration statement or registration statements under the United States Securities Act of 1933 with aggregate gross proceeds to the Parent
of at least U.S. $50 million. 

        Fox
Paine may assign its rights and delegate its obligations hereunder, in whole or in part, to any of its present or future affiliates, and shall provide written notice to the Company
of any such assignment. 

        At
the time the Existing Agreement was entered into, the parties hereto entered into an indemnification letter, dated as of the date of the Existing Agreement (the
"Indemnification Letter"). The Indemnification Letter shall survive any termination, expiration or assignment of this letter agreement. 

        This
letter agreement shall be governed by and construed and enforced in accordance with the laws of the State of New York without regard to choice of law or conflicts of law principles.
Any suit, action or proceeding seeking to enforce any provision of, or based on any matter arising out of or in connection with, this letter agreement or the transactions contemplated hereby may be
brought in any federal court located in the State of New York or any New York state court, and each of the parties hereto hereby (i) consents and submits itself and its property to the
exclusive jurisdiction of such courts (and of the appropriate appellate courts therefrom) in any such suit, action or proceeding, (ii) consents to and submits itself and its property to the
personal jurisdiction of such courts (and of the appropriate appellate courts therefrom) in any such suit, action or proceeding, and (iii) irrevocably waives, to the fullest extent permitted by
law, any objection that it may now or hereafter have to the laying of the venue of any such suit, action or proceeding in any such court or that any such suit, action or proceeding brought in any such
court has been brought in an inconvenient forum. Process in any such suit, action or proceeding may be served on any party anywhere in the world, whether within or without the jurisdiction of any such
court. We and you (on your behalf and, to the extent permitted by applicable law, on behalf of your stockholders and creditors) waive all right to trial by jury in any action, proceeding or
counterclaim (whether based upon contract, tort or otherwise) related to or arising out of or in connection with this letter agreement or our engagement. 

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        Please
confirm that the foregoing is in accordance with your understanding and agreement with Fox Paine by signing a copy of this letter agreement in the space provided below. 

	 	 	Very truly yours,
	

 	
 	

FOX PAINE & COMPANY, LLC
	

 	
 	

By:	
 	

/s/  TROY THACKER        

	 	 	Name:	 	Troy Thacker
	 	 	Title:	 	Director

ACCEPTED
AND AGREED AS OF

THE DATE FIRST ABOVE WRITTEN: 

	PARADIGM GEOPHYSICAL LTD.	 	 
	

By:	
 	

/s/  SHAI BUBER                  /s/  JONATHAN KELLER      
	
 	

 
	 	 	Name:	 	Shai Buber                Jonathan Keller	 	 
	 	 	Title:	 	Attorney in Fact/General Counsel/Corporate Secretary	 	 

[Signature Page to the Management Agreement]Exhibit 10.3  

STRICTLY CONFIDENTIAL  

FOX PAINE & COMPANY, LLC

950 Tower Lane

Suite 1150

Foster City, California 94404 

September 18,
2006 

Paradigm
Geophysical Ltd.

Gay-Yam Center No. 3

9 Shenkar Street

Herzliya Pituach 46120, Israel

	Re:
	 Management Agreement  

Ladies and Gentlemen: 

        We
refer to the Amended and Restated Management Agreement, dated as of August 11, 2006 (the "Existing Agreement"), between Paradigm Geophysical Ltd., a company formed under
the laws of the State of Israel (the "Company") and Fox Paine & Company, LLC, a Delaware limited liability company ("Fox Paine"). Upon
consummation of an Initial Public Offering (as defined in the Existing Agreement), the Company or any of its affiliates shall make a payment to Fox Paine of a sum equal to $6,750,000 plus an amount
equal to any expenses of Fox Paine that are then reimburseable pursuant to the Existing Agreement, which payment shall completely satisfy the Company's obligations to Fox Paine under the Existing
Agreement and thereafter the Existing Agreement shall be terminated and shall be of no further force or effect. Except as modified hereby, the terms of the Existing Agreement shall remain unchanged
and shall continue in effect unless and
until modified in writing by the parties.Please confirm that the foregoing is in accordance with your understanding and agreement with Fox Paine by signing a copy of this letter agreement in the space
provided below. 

	

 	
 	

Very truly yours,
	

 	
 	

FOX PAINE & COMPANY, LLC
	

 	
 	

By:	

/s/  TROY THACKER      

	 	 	Name:	Troy Thacker
	 	 	Title:	Managing Director

ACCEPTED
AND AGREED AS OF

THE DATE FIRST ABOVE WRITTEN: 

	PARADIGM GEOPHYSICAL LTD.	 	 
	

By:	

/s/  JORGE MACHNIZH      
	
 	

 
	 	Name:	Jorge Machnizh	 	 
	 	Title:	DirectorQuickLinks
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Exhibit 10.5  

 
 

VOXELGEO® LICENSE AGREEMENT    
    

        THIS LICENSE AGREEMENT, made and entered into this 25th day of August, 1995, by and between VITAL IMAGES, INC., an Iowa corporation with its principal
office located at 505 North 4th Street, Fairfield, Iowa 52556 (hereinafter referred to as the "Licensor"), and COGNISEIS DEVELOPMENT, INC., a Delaware corporation with its principal office
located at 2401 Portsmouth, Houston, Texas 77098-3903 (hereinafter referred to as the "Licensee"). 

 
 

BACKGROUND    
    

        FIRST.    Licensor has developed and owns all right, title and interest in and to certain 3D volume interpretation software
commonly referred to as the VoxelGeo® software (hereinafter more fully described and defined as the "Software"). 

        SECOND.    Licensor is the owner of the VoxelGeo® trademark and the corresponding federal trademark registration
(hereinafter more fully described and defined as the "Licensed Trademark"). 

        THIRD.    Subject to the terms and upon conditions herein contained, Licensee desires to obtain the exclusive right to use the
Software and the Licensed Trademark in the Licensed Field of Use (as that term is hereinafter defined), and Licensor desires to grant such right to Licensee. 

        FOURTH.    Licensor has entered into certain license agreements, maintenance contracts and CDDI Agreements (as that term is
hereinafter defined) relating to the use, maintenance and development of
the Software in connection with the Licensed Field of Use and Licensee desires to obtain all of Licensor's rights and assume all of Licensor's obligations under such contracts, and Licensor desires to
assign such rights to Licensee, all subject to the terms and conditions herein contained. 

        NOW,
THEREFORE, in consideration of the foregoing recitals and further in consideration of the mutual covenants, conditions and agreements contained in this Agreement and for other good
and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties to this Agreement hereby agree and undertake as follows: 

 
 

ARTICLE I
  DEFINITIONS    
    

	1.
	DEFINITIONS.    As used herein, the following terms shall have the following meanings (such meanings to be equally applicable
to both the singular and plural forms of the terms defined): 
	a.
	Acceptance
Period.    "Acceptance Period" shall have the meaning set forth in Article III, Section 3 hereof.

	b.
	Agreement.    "Agreement"
shall mean this License Agreement (together with all exhibits, schedules, attachments and addenda) as the same may be amended, modified or
supplemented from time to time.

	c.
	CDDI.    "CDDI"
shall have the meaning set forth in Article VIII, Section 3.a.

	d.
	CDDI
Agreements.    "CDDI Agreements" shall have the meaning set forth in Article VIII, Section 3.a. hereof.

	e.
	Deliverables.    "Deliverables"
shall have the meaning set forth in Article III, Section 1 hereof.

	f.
	Derivative
Software Products.    "Derivative Software Products" shall mean any and all software products subsequently developed by Licensee that incorporate the Source Code
or any portion thereof other than the following existing software products currently offered by Licensee (even if such software products subsequently incorporate the Source Code or source code from
software derived from the Source Code as an upgrade): the 2D and 3D versions of each of the following applications: Focus; Disco; GeoSec; GeoStrat; and well log interpretation software products based
upon DLPS.

	g.
	Effective
Date.    "Effective Date" shall mean the date first written above. 

 

	h.
	Existing
Licenses.    "Existing Licenses" shall have the meaning set forth in Article VIII, Section 2.a. hereof.

	i.
	Existing
Maintenance Contracts.    "Existing Maintenance Contracts" shall have the meaning set forth in Article VIII, Section 2.a. hereof.

	j.
	Functional
Specifications.    "Functional Specifications" shall have the meaning set forth in Article IX, Section 1.e. hereof.

	k.
	Initial
License Period.    "Initial License Period" shall mean the time period ending on the earlier of (i) January 1, 2001; or (ii) such time as the
aggregate royalties actually paid by Licensee to Licensor (exclusive of the up-front license fee payable by Licensee pursuant to Section 1 of Article IV) equals Two Million
and no/100 Dollars ($2,000,000.00).

	l.
	Licensed
Field of Use.    "Licensed Field of Use" shall mean use of the Software and the Licensed Trademark in connection with visualizing and interpreting seismic and other
subsurface (earth and water) information.

	m.
	Licensed
Trademark.    "Licensed Trademark" shall mean the VoxelGeo® trademark and corresponding U.S. Registration No. 1,793,534 covering the
VoxelGeo® trademark.

	n.
	Maintenance
Services.    "Maintenance Services" shall have the meaning set forth in Article VII, Section 2 hereof.

	o.
	Marketing
Agreement.    "Marketing Agreement" shall have the meaning set forth in Article VIII, Section 1 hereof.

	p.
	Net
Receipts.    "Net Receipts" shall mean all gross revenues received by Licensee in connection with the licensing, sale, use or other exploitation of the Software and/or
Derivative Software Products less (i) all normal trade discounts actually allowed by Licensee; (ii) all sales, use and similar taxes included in such gross revenues; (iii) all freight
charges, agent's fees and other third party charges included in such gross revenues; and (iv) royalties on such gross revenues actually paid by Licensee to a third party.

	q.
	Software.    "Software"
shall mean the 3D volume interpretation software commonly referred to as the VoxelGeo® software that is owned by Licensor and all
documentation related thereto, including, without limitation, the object code for such software and the Source Code, all as they exist as of the Effective Date.

	r.
	Source
Code.    Source Code shall mean the high level code that forms the source program for the Software, which, when completed, becomes the machine language object program
for the Software.

	s.
	Warranty
Period.    "Warranty Period" shall have the meaning set forth in Article IX, Section 1.e. hereof. 

	2.
	RELATED DOCUMENTS.    All of the terms defined in this Agreement shall have the defined meanings when used in any exhibit,
schedule, attachment or addendum hereto or in any document made or otherwise delivered pursuant to this Agreement, unless the context otherwise requires. 

 
 

ARTICLE II
  GRANT OF LICENSE    
    

	1.
	LICENSE.    Upon the terms and conditions set forth herein, Licensor hereby grants to Licensee, and Licensee hereby accepts, a
worldwide, perpetual, exclusive license to use the Licensed Trademark in connection with the Software in the Licensed Field of Use and to use, modify and sublicense the Software in the Licensed Field
of Use.

	2.
	SUBLICENSES.
	a.
	Licensee
shall not grant any sublicenses with respect to the Licensed Trademark, the Software and/or Derivative Software Products except upon terms and conditions that are consistent
with the licenses granted to Licensee by Licensor pursuant to this Agreement. 

2

 

	b.
	During
the five (5) year period immediately following the Effective Date, all sublicenses to end-users by Licensee for the Software and/or Derivative Software
Products shall be in object-code-form only, except (i) Licensee may, at its discretion, agree to an escrow arrangement whereby the end-user may obtain the
Source Code in the event of a bankruptcy proceeding involving Licensee or other events of default by Licensee as are customary in source code escrow agreements used in the software industry; and
(ii) Licensee may provide the Source Code to end-users upon the prior written consent of Licensor, which consent will not be unreasonably withheld, subject to use restrictions,
security procedures and confidentiality obligations reasonably acceptable to Licensor.

	3.
	USE OUTSIDE OF LICENSED FIELD OF USE.    Licensee shall not use the Licensed Trademark and/or the Software (or any portion
thereof) outside of the Licensed Field of Use, and any and all uses by Licensee of the Licensed Trademark and/or the Software outside of the Licensed Field of Use are strictly prohibited. Licensee
acknowledges and agrees that Licensor has and will continue to use the Source Code and/or grant licenses for the use of the Source Code outside of the Licensed Field of Use. 

 
 

ARTICLE III
  DELIVERY AND ACCEPTANCE    
    

	1.
	DELIVERABLES.    Upon execution of this Agreement by both parties hereto, Licensor shall promptly deliver to Licensee a copy
of the Source Code and all existing user and programmer documentation relating to the Software, as more fully described on Exhibit A attached hereto (collectively, the "Deliverables").

	2.
	SHIPMENT AND RISK OF LOSS.    The Deliverables shall be shipped to Licensee F.O.B. Licensee's receiving point, and thereupon
Licensee shall assume the risk of loss therefor.

	3.
	ACCEPTANCE.    Licensee shall have thirty (30) days after receipt of all Deliverables (the "Acceptance Period") to
accept or reject the Software. Licensee agrees to accept the Software upon the successful (i) loading of VoxelGeo® 2.0 code; (ii) compiling of VoxelGeo® 2.0
software; and (iii) execution of mutually acceptable standard reliability demonstrations on the hardware of Licensee at Licensee's location using the compiled object code. Licensee hereby represents
to Licensor that Licensee currently possesses the hardware and software environment necessary to build and run the Software, as more fully described on Exhibit B attached hereto. Licensee shall
notify Licensor in writing of acceptance or rejection within the Acceptance Period. In the event the Software is rejected by Licensee, all Deliverables shall be returned by Licensee to Licensor, at
Licensee's expense, and this Agreement shall be automatically terminated and of no further force and effect except as provided in Article XI, Section 2 hereof. 

 
 

ARTICLE IV
  LICENSE FEE; ROYALTIES    
    

	1.
	LICENSE FEE.    Licensee shall pay to Licensor a license fee in the amount of One Million Five Hundred Thousand and no/100
Dollars ($1,500,000.00), which shall be paid in full by wire transfer, pursuant to wire transfer instructions provided to Licensee by Licensor, within two (2) business days following acceptance
of the Software by Licensee in accordance with the terms and conditions set forth in Article III, Section 3 above. Such license fee shall not be deemed an advance of royalties and shall
not be recoupable from royalty payments due to Licensor pursuant to this Article IV. 

3

 
	2.
	ROYALTY AMOUNT.    Subject to Section 3 of this Article IV, Licensee shall pay Licensor a royalty on all Net
Receipts received by Licensee in connection with the licensing or use of the Software or any Derivative Software Products in accordance with the following schedule: 

	Calendar Year
 
	 	Royalty as a Percentage of Net Receipts Received by

Licensee During the Applicable Calendar Year

	1995	 	None
	

1996	
 	

15% on all Net Receipts in excess of $2,000,000.00
	

1997	
 	

15% on all Net Receipts
	

1998	
 	

15% on all Net Receipts
	

1999	
 	

10% on all Net Receipts
	

2000	
 	

5% on all Net Receipts

	3.
	LIMITATION ON ROYALTY OBLIGATION.    The obligation of Licensee to pay royalties to Licensor in accordance with
Section 2 of this Article IV shall cease on the earlier of (i) January 1, 2001, or (ii) such time as the aggregate royalties actually paid by Licensee to Licensor
(exclusive of the up-front license fee payable by Licensee pursuant to Section 1 of this Article IV) equals Two Million and no/100 Dollars ($2,000,000.00), and thereafter the
licenses granted to Licensee hereunder shall be deemed to be fully paid. Licensor agrees that Licensee shall not be obligated to make royalty payments with respect to any revenues received by Licensee
in connection with the following existing software products currently offered by Licensee (even if such software products subsequently incorporate the Source Code or source code from software derived
from the Source Code as an upgrade): the 2D and 3D versions of each of the following applications: Focus; Disco; GeoSec; GeoStrat and well log interpretation software products based upon DLPS.

	4.
	MARKETING OF SOFTWARE BY LICENSEE.    Licensee shall use its good faith best efforts to promote, market and sublicense the
Software worldwide at all times during which Licensee is obligated to make royalty payments to Licensor hereunder.

	5.
	ACCOUNTING.    Until the earlier of (i) March 31, 2001, or (ii) such time as the aggregate royalties
actually paid by Licensee to Licensor (exclusive of the up-front license fee payable by Licensee pursuant to section 1 of this Article IV) equals Two Million and no/100
Dollars ($2,000,000.00), Licensee shall provide Licensor within thirty (30) days following the end of each calendar quarter with an accounting of all Net Receipts during the immediately
preceding calendar quarter.

	6.
	TERMS OF PAYMENT.    All royalties under this Agreement shall be paid in United States currency. Royalty payments due to
Licensor pursuant to Section 2 of this Article IV shall be paid by Licensee within thirty (30) days following the end of each calendar quarter based upon the total Net Receipts during
the immediately preceding calendar quarter.

	7.
	MAINTENANCE AND INSPECTION OF RECORDS.    Until the earlier of (i) March 31, 2001, or (ii) such time as
the aggregate royalties actually paid by Licensee to Licensor (exclusive of the up-front license fee payable by Licensee pursuant to section 1 of this Article IV) equals Two
Million and no/100 Dollars ($2,000,000.00), Licensee will maintain records of all Net Receipts. Licensor shall have the right, through a certified public accountant, to inspect all the books and
records of Licensee relating to all Net Receipts subject to this Agreement, but such inspection may not be made more frequently than annually. The cost of such inspection shall be borne by Licensor;
provided, however, that Licensee shall reimburse Licensor for the reasonable costs of such inspection in the event there is a discrepancy between the amount of royalties due Licensor under the terms
of this Agreement and the amount of royalties actually paid by Licensee to Licensor for the time period corresponding to such inspection of records that exceeds five percent (5%) of the amount of
royalties actually due. 

4

 
 
 

ARTICLE V
  MODIFICATIONS OF SOFTWARE    
    

	1.
	MODIFICATION.    Licensee may modify the Software and merge it into existing software; provided, however, that (i) such
modified Software and resulting merged software shall be deemed to be Software under this Agreement and shall be subject to all of the terms and conditions hereof; and (ii) Licensor agrees
that Licensee shall not be obligated to make royalty payments with respect to any revenues received by Licensee in connection with the following existing software products currently offered by
Licensee (even if such software products subsequently incorporate the Source Code or source code from software derived from the Source Code as an upgrade): the 2D and 3D versions of each of the
following applications: Focus; Disco; GeoSec; GeoStrat and well log interpretation software products based upon DLPS.

	2.
	FUTURE ENHANCEMENTS.    All future modifications and enhancements to the Software by Licensee shall be owned by Licensee.
Likewise, any future enhancements or modifications to the Software made by Licensor shall be the sole property of Licensor and shall not be subject to this Agreement except as otherwise provided under
Article VII, Section 6 hereof. 

 
 

ARTICLE VI
  PROPRIETARY RIGHTS    
    

	1.
	PROPRIETARY RIGHTS.    Licensee acknowledges that Licensor claims the Licensed Trademark and the Software are the exclusive
property of Licensor and that the Source Code constitutes a valuable trade secret of Licensor. Licensee shall take all reasonable security measures to protect the Source Code and, except as otherwise
provided in clause (i) of Section 2 of Article II of this Agreement, Licensee shall not disclose or make available the Source Code to third parties without Licensor's prior
written consent. In any event, prior to delivery of the Source Code by Licensee to any third party in accordance with the terms and conditions of this Agreement, for any purpose whatsoever, Licensee
shall obtain a written confidentiality and nondisclosure agreement from such third party and a license agreement from such third party upon terms and conditions that are no less restrictive than the
terms and conditions of this Agreement. Licensee shall enforce any and all terms and conditions of all confidentiality and non-disclosure agreements and license agreements that are entered
into by Licensee pursuant to the preceding sentence, at its own expense, and shall notify Licensor of any knowledge of infringement of Licensor's intellectual property rights by any third party.
Licensee understands that any unauthorized use by it of the Licensed Trademark, the Software and/or the Source Code may constitute an infringement of copyright, trademark, trade secret or patent
rights of Licensor.

	2.
	RIGHTS RESERVED.    All rights in the Licensed Trademark and the Software, other than those granted by this Agreement, are
hereby reserved by Licensor.

	3.
	PROTECTION OF PROPRIETARY RIGHTS.    Licensee shall insure that Licensor's copyright notice is replicated on all copies of the
Software and/or Derivative Software Products produced by Licensee or its sublicensees, including any and all copies of modifications made in accordance with Article V, Section 1 hereof.
Licensee shall assist Licensor, to the extent reasonably requested by Licensor, in the procurement of any protection or defense of any of Licensor's rights to (i) trademarks;
(ii) copyright(s); or (iii) patents owned by Licensor that relate to the subject matter of this Agreement.

	4.
	PROPRIETARY RIGHTS INDEMNITY.    Licensor shall indemnify, hold harmless and defend Licensee, its agents, officers and
employees against any and all claims made against Licensee that use of the Licensed Trademark and/or the Software infringes any license, patent, copyright, trademark, trade secret or other proprietary
right, and hold Licensee harmless against any and all damages, judgments and attorneys' fees arising out of the foregoing; provided, however, that Licensee shall give Licensor prompt written notice of
such claims and that such indemnity shall not extend to modifications of the Software made by Licensee or its sublicensees. 

5

 
 
 

ARTICLE VII
  MAINTENANCE    
    

	1.
	LICENSEE'S OPTION.    Licensee shall have the option to receive from Licensor maintenance services relating to the Rendering
Engine portion only of the Software (hereinafter more fully described and defined as the "Maintenance Services") upon the terms and conditions set forth in this Article VII. Such option shall
be exercised by Licensee by the giving of prior written notice to Licensor specifying that Licensee wishes to receive Maintenance Services. Licensee's option to receive Maintenance Services pursuant
to this Article VII shall expire and become null and void thirty (30) days following expiration of the Warranty Period if such right had not previously been exercised by Licensee.

	2.
	MAINTENANCE SERVICES.    Licensor shall provide Maintenance Services to Licensee only if Licensee has exercised its option to
receive Maintenance Services in accordance with Section 1 of this Article VII. Such Maintenance Services shall consist of consulting services and error correction services. Such services
are referred to herein as the "Maintenance Services." Solely for the purposes of Sections 2 and 3 of this Article VII, the term "Software" shall mean only the Rendering Engine portion of
the Software. Error correction services provided by Licensor shall consist of any necessary changes made to the Source Code, as originally delivered to Licensee, in order to correct or remove any bug,
malfunction or other defect that prevents the Software from performing in accordance with the Functional Specifications. In the event Licensee detects any error, defect or nonconformity in the
Software, Licensor shall furnish off-site telephone support, in the form of consultations, assistance and advice on the use or maintenance of the Software, within twenty-four
(24) hours of Licensee's request therefor. In the event that such problem in the Software is not corrected within seventy-two (72) hours of initiation of such
off-site telephone support, Licensee shall submit to Licensor a listing of the output and all such other data that Licensor may reasonably request in order to reproduce operating
conditions similar to those present when the error, defect or nonconformity was discovered. In the event that such problem is not corrected within five (5) business days after Licensor receives
from Licensee a listing of output and other data, Licensor shall within the next seventy-two (72) hours provide on-site service.

	3.
	RESPONSIBILITIES OF LICENSEE.    Licensee shall notify Licensor immediately following the discovery of any error, defect or
nonconformity in the Software. The periods within which Licensor is obligated herein to provide support shall not commence until such time as Licensor receives notification of such error, defect or
nonconformity from Licensee. Licensee, upon detection of any error, defect or nonconformity in the Software shall, if requested to do so by Licensor, submit to Licensor a listing of output and any
such other data that Licensor may reasonably request in order to reproduce operating conditions similar to those present when the error occurred or the defect or nonconformity was discovered, as the
case may be.

	4.
	MAINTENANCE FEES.    In consideration for the Maintenance Services, Licensee shall pay Licensor a monthly fee of $5,000.00
(payable on or before the 15th of each calendar month during which services are to be rendered to Licensee by Licensor).

	5.
	TERM.    Subject to Article XI hereof, in the event Licensee exercises its option to receive Maintenance Services with
respect to the Rendering Engine, Licensor will render Maintenance Services for the Rendering Engine for a period of one year. Thereafter, Licensor's obligations to render Maintenance Services for the
Rendering Engine, and Licensee's obligations to pay for such services, shall automatically be renewed for an additional period of one year; provided, however, that either party may prevent the
automatic renewal of such obligations by written notice to the other given at least thirty (30) days prior to expiration of the initial one-year term set forth in the preceding
sentence.

	6.
	ENHANCEMENTS.    Licensor may from time to time make enhancements to the Software. Any such enhancements shall be owned by
Licensor, but any enhancements made by Licensor during 

6

 

such
time as Licensee is paying Licensor a maintenance fee under this Article VII shall be made available to Licensee, at no additional cost, and shall be subject to the terms and conditions of
this Agreement; provided, however, that Licensee has fully complied with all the terms and conditions of this Agreement. 

 
 

ARTICLE VIII
  RELATED AGREEMENTS    
    

	1.
	EXISTING MARKETING AGREEMENT.    Upon the Effective Date, that certain Marketing Agreement dated as of August 1, 1994,
between Licensor and Licensee, as amended to date (the "Marketing Agreement"), shall be deemed terminated and of no further force and effect. Notwithstanding termination of the Marketing Agreement
upon the Effective Date, (i) all provisions therein relating to confidentiality, proprietary property, copyrights, trademarks and patents shall remain in full force and effect; (ii) each
of the parties shall be required to carry out any provision thereof that contemplates performance subsequent to termination of the Marketing Agreement; and (iii) such termination shall not
affect any liability or other obligation that shall have accrued prior to such termination, including, but not limited to, any liability for loss or damage on account of a prior default or claims for
compensation for any period prior to such termination.

	2.
	EXISTING LICENSES AND MAINTENANCE AGREEMENTS.
	a.
	Copies;
Offset Against License Fee.    Set forth on Exhibit C attached hereto is a listing of all existing License Agreements between Licensor and/or Licensee and
end-users for use of the Software ("Existing Licenses") and set forth on Exhibit D attached hereto is a listing of all end-users that have agreements with Licensor for
maintenance of the Software (the "Existing Maintenance Contracts"). Licensor shall supply Licensee with copies of all Existing Licenses that have been initiated by Licensor and copies of purchase
orders from end-users relating to the Existing Maintenance Contracts. Licensee shall be entitled to offset the license fee payable by Licensee to Licensor pursuant to Article IV,
Section 1 hereof by an amount equal to Licensor's portion of unearned maintenance fees under Existing Maintenance Contracts (for example, if an annual Maintenance Contract has three months left
on its term, then Licensee will be entitled to a credit for 25% of Licensor's share of such maintenance fees as such share is determined pursuant to the Marketing Agreement).

	b.
	Assignment
and Assumption.    Licensor hereby assigns to Licensee all of Licensor's right, title and interest in and to the Existing Licenses and the Existing Maintenance
Contracts and Licensee hereby accepts such assignment. Licensee hereby further assumes and agrees to be bound by all the remaining terms of the Existing Licenses and the Existing Maintenance Contracts
as if Licensee was an original party thereto. To the extent that any Existing License or Existing Maintenance Contract for which assignment to Licensee is provided herein is not assignable without the
consent of another party, this Agreement shall not constitute an assignment or an attempted assignment thereof if such assignment of attempted assignment would constitute a breach thereof. Licensor
and Licensee agree to use their reasonable best efforts to obtain the consent of such other party to the assignment of any such Existing License and/or Existing Maintenance Contract to Licensee in all
cases in which such consent is or may be required for such assignment. If any such consent shall not be obtained, Licensor agrees to cooperate with Licensee in any reasonable arrangement designed to
provide for Licensee the benefits intended to be assigned to Licensee under the relevant Existing License or Existing Maintenance Contract, including enforcement, at the cost and for the account of
Licensee, of any and all rights of Licensor against the other party thereto arising out of the breach or cancellation thereof by such other party or otherwise. If and to the extent that such
arrangement cannot be made, Licensee, upon notice to Licensor, shall have no obligation with respect to any such Existing License and/or Existing Maintenance Contract, as the case may 

7

 

be,
and any such Existing License and/or Existing Maintenance Contract shall not be deemed to have been assigned hereunder. 

	3.
	CUSTOMER DIRECTED DEVELOPMENT INITIATIVE.    
	a.
	Copies;
Offset Against License Fee.    Set forth on Exhibit E attached hereto is a listing of all Customer Directed Development Initiative ("CDDI") Agreements between
certain oil companies and Licensor (the "CDDI Agreements"). Prior to expiration of the Acceptance Period, Licensor shall supply Licensee with copies of all the CDDI Agreements. Licensee shall be
entitled to offset the license fee payable by Licensee to Licensor pursuant to Article IV, Section 1 hereof by an amount equal to the unearned portion of fees previously collected by
Licensor from CDDI members.

	b.
	Assignment
and Assumption.    Licensor hereby assigns to Licensee all of Licensor's right, title and interest in and to the CDDI Agreements and Licensee hereby accepts such
assignment. Licensee hereby further assumes and agrees to be bound by all the remaining terms of the CDDI Agreements as if Licensee was an original party thereto. To the extent that any CDDI Agreement
for which assignment to Licensee is provided herein is not assignable without the consent of another party, this Agreement shall not constitute an assignment or an attempted assignment thereof if such
assignment of attempted assignment would constitute a breach thereof. Licensor and Licensee agree to use their reasonable best efforts to obtain the consent of such other party to the assignment of
any such CDDI Agreement to Licensee in all cases in which such consent is or may be required for such assignment. If any such consent shall not be obtained, Licensor agrees to cooperate with Licensee
in any reasonable arrangement designed to provide for Licensee the benefits intended to be assigned to Licensee under the relevant CDDI Agreement, including enforcement, at the cost and for the
account of Licensee, of any and all rights of Licensor against the other party thereto arising out of the breach or cancellation thereof by such other party or otherwise. If and to the extent that
such arrangement cannot be made, Licensee, upon notice to Licensor, shall have no obligation with respect to any such CDDI Agreement, as the case may be, and any such CDDI Agreement shall not be
deemed to have been assigned hereunder. 

 
 

ARTICLE IX
  WARRANTIES    
    

	1.
	WARRANTIES OF LICENSOR.    Licensor hereby represents and warrants only to Licensee that: 
	a.
	Neither
the Licensed Trademark nor the Software infringe any patent, copyright, trade secret or other proprietary right of any third party;

	b.
	Licensor
has the sole right to grant licenses for use of the Licensed Trademark and the Software and has not heretofore granted any rights in the Licensed Trademark or the Software
that would interfere with any rights granted Licensee under this Agreement;

	c.
	Licensor
has the right to enter into this Agreement, to grant to Licensee the rights and licenses set forth herein, and to perform all obligations of this Agreement;

	d.
	Execution,
delivery and performance of this Agreement by Licensor will not constitute a breach of any agreement, judgment, award, law, rule or regulation to which Licensor is bound;
and

	e.
	During
the sixty (60) day period following the Effective Date (the "Warranty Period"), Licensor will provide consulting services to Licensee relating to the Software free of
charge (other than reimbursement for pre-approved out-of-pocket expenses), and Licensor warrants that during the Warranty Period the Software will conform to the
performance capabilities, characteristics, specifications, functions and other descriptions and standards applicable thereto as set forth in the functional specifications set forth in the
VoxelGeo® 2.0 User Guide, copyright July 1995 (the "Functional Specifications"). 

8

 

	2.
	LIMITATION OF WARRANTIES.    Licensor shall not be liable to Licensee for the warranty provisions of this Agreement to the
extent of modifications made to the Software by Licensee or sublicensees of Licensee or to the extent the media for the Software is subject to misuse, abuse or abnormal use by Licensee or sublicensees
of Licensee. EXCEPT AS EXPRESSLY SET FORTH IN SECTION 1 OF THIS ARTICLE IX, LICENSOR MAKES NO EXPRESS OR IMPLIED WARRANTIES RELATING TO THE SOFTWARE OR ITS USE OR FUNCTIONALITY, AND SPECIFICALLY
DISCLAIMS THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE.

	3.
	REMEDIES.    Licensee's sole remedy for any breach of the warranties contained in Article IX, Section 1.e. is
repair or correction of any programming deficiencies that result in documented errors or obvious Software malfunctions. NOTWITHSTANDING ANYTHING IN THIS AGREEMENT TO THE CONTRARY, LICENSOR SHALL UNDER
NO CIRCUMSTANCES BE LIABLE TO LICENSEE OR ANY THIRD PARTY FOR SPECIAL INCIDENTAL, CONSEQUENTIAL, OR EXEMPLARY DAMAGES OF ANY NATURE WHATSOEVER, INCLUDING, BUT NOT LIMITED TO, COMMERCIAL LOSS FROM ANY
CAUSE, BUSINESS INTERRUPTION OF ANY NATURE, LOSS OF PROFITS, OR PERSONAL INJURY ARISING OUT OF LICENSOR'S ALLEGED OR ACTUAL FAILURE TO COMPLY WITH ALL OR ANY OF THE PROVISIONS OF THIS AGREEMENT AND/OR
THE FAILURE OF THE SOFTWARE TO PERFORM AS SPECIFIED OR WARRANTED, EVEN IF LICENSOR SHALL HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.

	4.
	WARRANTIES OF LICENSEE.    Licensee hereby represents and warrants that: 
	a.
	Licensee
has the full right, power and authority to enter into and perform its obligations under this Agreement;

	b.
	Execution,
deliver and performance of this Agreement by Licensee will not constitute a breach of any agreement, judgment, award, law, rule or regulation to which Licensee is bound; and

	c.
	To
the best of Licensee's knowledge, neither the Licensed Trademark nor the Software infringe any patent, copyright, trade secret or other proprietary right of any third party. 

 
 

ARTICLE X
  NONCOMPETE OBLIGATIONS    
    

	1.
	LICENSEE'S COVENANT NOT TO COMPETE.    From the Effective Date and for a period of five (5) years thereafter, Licensee
shall not, either directly or indirectly, grant any licenses under, or provide any services relating to, the Software or any other software that is based upon the Voxel technology to any corporation,
partnership, person, firm or other business that is selling goods or rendering services that is engaged in the medical market. Licensee agrees that any breach of the covenant set forth in the
preceding sentence will cause Licensor irreparable harm for which there is no adequate remedy at law, and, without limiting whatever other rights and remedies Licensor may have under this Agreement,
Licensee consents to the issuance of an injunction in favor of Licensor enjoining the breach of any of the aforesaid covenants by any court of competent jurisdiction. If the aforesaid covenant is held
to be unenforceable because of the scope or duration of such covenant or the area covered thereby, the parties agree that the court making such determination shall have the power to reduce the scope,
duration and/or area of such covenant to the extent that allows the maximum scope, duration and/or area permitted by applicable law.

	2.
	LICENSOR'S COVENANT NOT TO COMPETE.    From the Effective Date and for a period of five (5) years thereafter and so
long as Licensee is in full and timely compliance with this Agreement, Licensor shall not, either directly or indirectly: 
	a.
	own,
manage, operate or control, or participate in the ownership, management, operation or control of, or be employed by, or act as consultant or adviser to, or be connected in any 

9

 

manner
with, any corporation, partnership, person, firm or other business that is engaged in the gas, oil or mineral exploration industries; or 

	b.
	call
upon, solicit, divert, attempt to take away or continue any business relationship with any of the present customers or present or future customers or business of Licensee in the
gas, oil or exploration industries; or

	c.
	employ
or offer employment to any person who was employed by Licensee unless such person shall have ceased to be employed by Licensee for a period of at least six (6) months. 

        Licensor
agrees that any breach of covenants (a), (b) or (c) above will cause Licensee irreparable harm for which there is no adequate remedy at law, and, without limiting
whatever other rights and remedies Licensee may have under this Agreement, Licensor consents to the issuance of an injunction in favor of Licensee enjoining the breach of any of the aforesaid
covenants by any court of competent jurisdiction. If any or all of the aforesaid covenants are held to be unenforceable because of the scope or duration
of such covenant or the area covered thereby, the parties agree that the court making such determination shall have the power to reduce the scope, duration and/or area of such covenant to the extent
that allows the maximum scope, duration and/or area permitted by applicable law. 

 
 

ARTICLE XI
  TERMINATION    
    

	1.
	TERMINATION.    This Agreement may be terminated upon the occurrence of one or more of the following events, and the
terminating party shall not be liable to the other party for the proper exercise of such right: 
	a.
	Rejection
of Software.    This Agreement shall automatically terminate and be of no further force and effect in the event the Software is rejected by Licensee in accordance
with Article III, Section 3 hereof.

	b.
	Option
to Terminate.    This Agreement may be terminated at the option of the non-defaulting party upon the material breach of one of the parties of their
obligation to perform or comply with the terms and conditions of this Agreement, or on the mutual written consent of both parties hereto, or as otherwise hereinafter set forth. In the event of the
parties finds the other in material breach of this Agreement, notice of such breach shall be sent to the defaulting party in writing. If the breach continues for thirty (30) days after receipt
by the defaulting party of the notice, the Agreement shall be automatically terminated.

	c.
	Events
of Automatic Termination.    This Agreement shall terminate immediately and automatically upon the filing of a petition in bankruptcy under the United States
Bankruptcy Code (or any future federal bankruptcy act) by or against Licensee and such petition shall not be discharged or denied within thirty (30) days after the filing thereof.

	2.
	EFFECT OF TERMINATION.    Upon termination of this Agreement for whatever reason, all provisions relating to confidentiality,
proprietary property, copyrights, trademarks and patents shall remain in full force and effect, and Licensee shall return the Software and all copies in Licensee's possession and control to Licensor.
Notwithstanding the termination or expiration of this Agreement, each of the parties hereto shall be required to carry out any provision hereof that contemplates performance subsequent to such
termination; and such termination shall not affect any liability or other obligation that shall have accrued prior to such termination, including, but not limited to, any liability for loss of damage
on account of a prior default. Any rights and remedies herein provided shall be cumulative and in addition to all rights and remedies available at law and in equity. 

10

 
 
 

ARTICLE XII
  MISCELLANEOUS PROVISIONS    
    

	1.
	BENEFIT.    Except as otherwise provided herein, this Agreement shall inure to the benefit of and shall be binding upon the
parties hereto and their respective heirs, executors, administrators, representatives, successors and assigns.

	2.
	NO ASSIGNMENT.    During the Initial License Period, except as otherwise expressly provided in this Agreement, this Agreement
and all rights and licenses granted or obligations incurred hereunder may not be assigned or transferred by either party without the prior written consent of the other party, and any such attempted
assignment or transfer shall be void and of no force or effect. Nothing contained in this Section 2 of Article XII prohibits Licensee from merging with an affiliated entity or prevents
Licensee from selling substantially all of its business assets to an affiliated entity and such events shall not constitute a breach of this Section 2 of Article XII.

	3.
	EQUITABLE RELIEF.    The parties hereto agree that any breach of any of the terms or covenants of this Agreement will cause
the non-breaching party irreparable harm for which there is no adequate remedy at law, and the parties hereto consent to the issuance of any injunction or other equitable relief in favor
of the non-breaching party enjoining the breach of any such covenant or term. In no manner or affect shall this provision of this Agreement preclude the non-breaching party
from exercising any right or remedy to which the non-breaching party may be entitled, at law or in equity, by reason of a breach of any term or covenant of this Agreement.

	4.
	ARBITRATION.    Except for claims for equitable relief in accordance with Section 3 of this Article XII, any
dispute, controversy or claim arising out of or relating to this Agreement, or the breach, termination or invalidity thereof, shall be finally settled by arbitration in accordance with the Commercial
Arbitration Rules of the American Arbitration Association in effect on the date of the Agreement, and judgment upon the award rendered by the Arbitrator(s) may be entered in any court having
jurisdiction thereof. The place of arbitration shall be Minneapolis, Minnesota.

	5.
	ATTORNEYS' FEES AND COSTS.    The party prevailing in any legal action (including arbitration) arising under or relating to
this Agreement, shall be entitled to recover from the other party all of its costs and expenses, including, without limitation, reasonable attorneys' fees.

	6.
	WAIVER, MODIFICATION OR AMENDMENT.    Unless otherwise expressly provided in this Agreement and any documents expressly
referred to herein, no waiver, modification or amendment of any term, condition or provision of this Agreement shall be valid, binding or of any effect unless made in writing, expressly referring to
this Agreement, signed by or on behalf of the parties hereto, and specifying with particularity the nature and extent of such waiver, modification or amendment. Any waiver by any party of any
provision hereof shall not affect or impair any other provision hereof. The failure of either party to enforce at any time any of the provisions of this Agreement shall not be construed to be a waiver
of the right of such party to subsequently enforce any such provisions.

	7.
	NOTICES.    All notices or other communications given under or in connection with this Agreement shall be in writing and shall
be considered to be delivered when personally delivered or five (5) days after delivery to a company or governmental entity providing delivery services in the ordinary course of business which
guarantees delivery within such five-(5) day period, with the delivery charge prepaid, addressed to the proper party at its principal office as set forth above, or to such other address as
such party may hereafter designate by written notice to the other party given pursuant to this paragraph.

	8.
	COUNTERPARTS.    This Agreement may be executed in one or more counterparts, each of which shall be deemed an original, but
together which shall constitute one and the same instrument.

	9.
	LEGAL RELATIONSHIP.    Licensee and Licensor hereby acknowledge and agree that nothing contained in this Agreement shall be
deemed to create an employment, agency, franchise, or other relationship between Licensee and Licensor for any purpose whatsoever and that no relationship is 

11

 

intended
or created hereby other than the relationship of independent contractors. Neither party shall have the right or authority to assume or create any obligation or responsibility, express or
implied, on behalf of, on account of, or in the name of the other party, or to legally bind the other party in any manner whatsoever. 

	10.
	HEADINGS.    Section headings used herein are for convenience only and shall not be construed to be a part of this Agreement
or as a limitation of the scope of the particular sections to which such headings refer.

	11.
	INTERPRETATION AND SEVERANCE.    The provisions of this Agreement shall be applied and interpreted in a manner consistent
with each other so as to carry out the purposes and intent of the parties hereto, but if for any reason any provision hereof is determined to be unenforceable or invalid, such provision or such part
hereof as may be unenforceable or invalid shall be deemed severed from this Agreement, and the remaining provisions shall be carried out with the same force and effect as if the provision or part
thereof had not been a part of this Agreement.

	12.
	GOVERNING LAW.    This Agreement shall be governed by and construed in accordance with the laws of the State of Iowa, and any
proceedings for enforcement hereof shall be brought in federal or state courts located in Iowa. Licensor and Licensee consent and submit to the jurisdiction of said courts and agree that service of
process may be made by publication, by registered or certified mail or in any manner provided under Iowa or applicable federal law. Nothing herein shall prevent a party hereto from joining the other
party as additional defendants or third-party defendants in any suit brought by or against such party in another forum if any issue in said suit relates to the matters referred to herein.

	13.
	ENTIRE AGREEMENT.    This Agreement, including any exhibits attached hereto or documents expressly referred to herein,
contains the entire agreement between Licensee and Licensor and supersedes and cancels any and all other agreements, whether oral or in writing, between Licensee and Licensor with respect to the
matters referred to herein. 

12

  

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

	

    	

 	
 	

 	

 	

 
	LICENSOR:

VITAL IMAGES, INC.	 	LICENSEE:

COGNISEIS DEVELOPMENT, INC.
	

By:	

/s/  VINCENT ARGIRO      
 Vincent Argiro, President	
 	

By:	

/s/  PATRICK H. POE      
 Patrick H. Poe, President	

 

13

 
 
 

EXHIBIT A    
    
    DELIVERABLES    
    

	•
	All
source code, user documentation, programmer documentation and supporting files necessary to build VoxelGeo 2.0 on magnetic tape.

	•
	Product
Definition Statements and draft Software Requirement Specifications for VoxelGeo 2.1 (planned release October 1995), and VoxelGeo 2.5 (planned release
March 1996).

	•
	Copies
of Existing Licenses that have been initiated by Licensor,

	•
	Copies
of CDDI Agreements.

	•
	Copies
of purchase orders from end-users relating to Existing Maintenance Contracts. 

14

 

 
 

EXHIBIT B    
    
    SUPPORTED ENVIRONMENT    
    

        The hardware/software environment necessary for Licensee to build VoxelGeo 2.0 consists of: 

	•
	Silicon
Graphics Indy, Indigo2 or Onyx workstation with at least 64MB of RAM and 200MB of free disk space running the IRIX 5.3 operating system.

	•
	Silicon
Graphics development tools and libraries as follows: 
	—
	IRIS
Development Option for IRIX 5.3

	—
	C++
4.0 for IRIX 5.3

	—
	OpenInventor
3D Toolkit Development Option for IRIX 5.3

	—
	Digital
Media Development Software Libraries

	—
	Quick
Time 1.0 Compressor Library 

        The
hardware/software environment necessary for Licensee to run VoxelGeo 2.0 consists of: 

	•
	Silicon
Graphics Indy XZ, Indigo2 XZ or EX, Crimson RE or Onyx VTX or RE2 workstation with at least 96MB of RAM and 200MB of free disk space. 
	—
	For
Indy XZ and Indigo2 XZ or EX, SGI patch 158 to IRIX 5.3 is required

	—
	For
Crimson RE or Onyx VTX or RE2, SGI patch 154 to IRIX 5.3 is required 

15

 

 
 

EXHIBIT C    
    
    LISTING OF EXISTING LICENSES    
    

(ATTACHED)

16

 
 
 

EXHIBIT D    
    
    LISTING OF EXISTING MAINTENANCE CONTRACTS    
    

(ATTACHED)

17

 
 
 

EXHIBIT E    
    
    LISTING OF CDDI AGREEMENTS    
    

(ATTACHED)

18

QuickLinks

VOXELGEO® LICENSE AGREEMENT

BACKGROUND

ARTICLE I DEFINITIONS

ARTICLE II GRANT OF LICENSE

ARTICLE III DELIVERY AND ACCEPTANCE

ARTICLE IV LICENSE FEE; ROYALTIES

ARTICLE V MODIFICATIONS OF SOFTWARE

ARTICLE VI PROPRIETARY RIGHTS

ARTICLE VII MAINTENANCE

ARTICLE VIII RELATED AGREEMENTS

ARTICLE IX WARRANTIES

ARTICLE X NONCOMPETE OBLIGATIONS

ARTICLE XI TERMINATION

ARTICLE XII MISCELLANEOUS PROVISIONS

EXHIBIT A DELIVERABLES

EXHIBIT B SUPPORTED ENVIRONMENT

EXHIBIT C LISTING OF EXISTING LICENSES

EXHIBIT D LISTING OF EXISTING MAINTENANCE CONTRACTS

EXHIBIT E LISTING OF CDDI AGREEMENTS

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