Document:

Sixteenth Amendment, dated March 10, 2009, to Credit Agreement

 EXHIBIT 10.48 
 SIXTEENTH AMENDMENT TO CREDIT AGREEMENT 
 THIS SIXTEENTH AMENDMENT TO CREDIT AGREEMENT
(this “Amendment”), dated as of March 10, 2009, is entered into by and among the lenders identified on the signature pages hereof (such lenders, together with their respective successors and permitted assigns, are referred to
hereinafter each individually as a “Lender” and collectively as the “Lenders”), WELLS FARGO BANK, NATIONAL ASSOCIATION, as the successor to Wells Fargo Foothill, Inc. as administrative agent for the Lenders
designated in the Credit Agreement referred to below (in such capacity, together with its successors and assigns in such capacity, “Agent”), and INFOCUS CORPORATION, an Oregon corporation (“Borrower”).

 RECITALS 
 A. Borrower,
Agent and the Lenders have previously entered into that certain Credit Agreement dated as of October 25, 2004 (as amended, the “Credit Agreement”). Terms used herein without definition shall have the meanings ascribed to them
in the Credit Agreement. 
 B. The Lenders, Agent and Borrower desire to address Borrower’s failure to comply with the requirements of
Section 6.16(a)(i) of the Credit Agreement as of the twelve month period ending December 31, 2008 (the “Breach”). 
 C.
Borrower is entering into this Amendment with the understanding and agreement that, except as specifically provided herein, none of Agent’s or any member of the Lender Group’s rights or remedies set forth in the Credit Agreement or any
other Loan Document is being waived or modified by the terms of this Amendment. 
 AGREEMENT 
 NOW, THEREFORE, in consideration of the foregoing and the mutual covenants herein contained, and for other good and valuable consideration, the receipt
and sufficiency of which are hereby acknowledged, the parties hereby agree as follows: 
 1. Waiver. Lenders hereby waive the Event of
Default arising from the Breach. This waiver is not intended to be, and shall not be construed as being, a waiver or modification by Lenders of any other Obligation, nor construed as a willingness to grant any subsequent waiver of Borrower’s
obligations to Lenders. In consideration of the foregoing waiver, Borrower hereby releases, acquits and forever discharges Agent and each Lender, its affiliates, participants, officers, employees, agents, successors and assigns, of and from any and
all claims, demands, damages, liabilities, obligations, actions or causes of action in suits or causes of suit and unconditionally waives any defense, either at law or in equity, whether known or unknown, arising out of, connected with or in any way
related to the Obligations, the Loan Documents, the relationship between (i) Agent and Lenders (or any of them) and (ii) Borrower to and including the date of this Amendment. 
 2. Amendments to Credit Agreement. 
 (a) The first sentence of Section 3.3 of the Credit Agreement is hereby amended and restated to read as follows: 
 “This Agreement shall continue in full force and effect for a term ending on August 31, 2010 (the “Maturity Date”).” 
 (b) Section 3.5 of the Credit Agreement is hereby amended and restated to read as follows: 
  

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 “Borrower has the option, at any time upon 90 days prior written notice to Agent, to terminate this
Agreement by paying to Agent, in cash, (1) a fee equal to 0.5% of the Maximum Revolver Amount (the “Early Termination Fee”) and (2) the balance of the Obligations (including (a) either (i) providing cash collateral to
be held by Agent for the benefit of those Lenders with a Revolver Commitment in an amount equal to 105% of the Letter of Credit Usage, or (ii) causing the original Letters of Credit to be returned to the Issuing Lender, and (b) providing
cash collateral (in an amount determined by Agent as sufficient to satisfy the reasonably estimated credit exposure) to be held by Agent for the benefit of the Bank Product Providers with respect to the Bank Product Obligations), in full. If
Borrower has sent a notice of termination pursuant to the provisions of this Section, then the Revolver Commitments shall terminate and Borrower shall be obligated to pay the Early Termination Fee and to repay the balance of the Obligations
(including (a) either (i) providing cash collateral to be held by Agent for the benefit of those Lenders with a Revolver Commitment in an amount equal to 105% of the Letter of Credit Usage, or (ii) causing the original Letters of
Credit to be returned to the Issuing Lender, and (b) providing cash collateral (in an amount determined by Agent as sufficient to satisfy the reasonably estimated credit exposure) to be held by Agent for the benefit of the Bank Product
Providers with respect to the Bank Product Obligations), in full, on the date set forth as the date of termination of this Agreement in such notice.” 
 (c) “Section 6.16(a)(i) of the Credit Agreement is hereby amended and restated to read as follows: 
 “(i) Minimum EBITDA. EBITDA, for each period identified below, of at least the required amount set forth in the following table for such period: 
  

			
	 Applicable Amount
	  	 Applicable Period

	 $1,200,000
	  	For the 3 month period
ending December 31, 2004
	 $2,100,000
	  	For the 6 month period
ending March 31, 2005
	 $(29,250,000)
	  	For the 9 month period
ending June 30, 2005
	 $(38,500,000)
	  	For the 12 month period
ending September 30, 2005
	 $(92,500,000)
	  	For the 12 month period
ending December 31, 2005
	 $(80,500,000)
	  	For the 12 month period
ending March 31, 2006
	 $(61,500,000)
	  	For the 12 month period
ending June 30, 2006
	 $(31,000,000)
	  	For the 12 month period
ending September 30, 2006
	 $(5,350,000)
	  	For the 3 month period
ending December 31, 2006

  

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	 Applicable Amount
	  	 Applicable Period

	 $(11,100,000)
	  	For the 3 month period
ending March 31, 2007
	 $(7,400,000)
	  	For the 3 month period
ending June 30, 2007
	 $(5,300,000)
	  	For the 3 month period
ending September 30, 2007
	 $(1,000,000)
	  	For the 3 month period
ending December 31, 2007
	 $(5,000,000)
	  	For the 3 month period
ending March 31, 2008
	 $(6,500,000)
	  	For the 6 month period
ending June 30, 2008
	 $(7,500,000)
	  	For the 9 month period
ending September 30, 2008
	 $(15,000,000)
	  	For the 12 month period
ending December 31, 2008
	 $(10,250,000)
	  	For the 3 month period
ending March 31, 2009
	 $(17,500,000)
	  	For the 6 month period
ending June 30, 2009

 (d) Schedule 1.1 to the Credit Agreement is hereby amended to revise the
definition of “Base Rate Margin” in its entirety to read as follows: 
 “‘Base Rate Margin’ means
4.50 percentage points.” 
 (e) Schedule 5.3 to the Credit Agreement is hereby deleted and replaced with
Schedule 5.3 to this Amendment. 
 3. Accommodation Fee. In consideration of the agreements set forth herein, Borrower agrees to
pay to Agent, for the benefit of the Lenders, a non-refundable fee in the amount of $20,000, fully-earned as of and due and payable in full on the date of this Amendment. 
 4. Effectiveness of this Amendment. Agent must have received the following items, in form and content acceptable to Agent, before this Amendment is effective. 
 (a) Executed Amendment. This Amendment fully executed by all parties hereto in a sufficient number of counterparts for distribution
to all parties. 
 (b) Payment of Accommodation Fee. The accommodation fee provided for in Section 3 above, which
fee may be paid as a charge to Borrower’s Loan Account. 
  

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 (c) Representations and Warranties. The representations and warranties contained
herein shall be true and correct as of the date hereof. 
 5. Representations and Warranties. Borrower represents and warrants as
follows: 
 (a) Authority. Borrower has the requisite corporate power and authority to execute and deliver this
Amendment, and to perform its obligations hereunder and under the Loan Documents (as amended or modified hereby and by any amendments thereto referenced herein) to which it is a party. The execution, delivery and performance by Borrower of this
Amendment have been duly approved by all necessary corporate action and no other corporate proceedings are necessary to consummate such transactions. 
 (b) Enforceability. This Amendment has been duly executed and delivered by Borrower. This Amendment and each Loan Document (as amended or modified hereby) are the legal, valid and binding obligation of
Borrower, enforceable against Borrower in accordance with its terms, and is in full force and effect. 
 (c)
Representations and Warranties. After giving effect to this Amendment, the representations and warranties contained in each Loan Document (other than any such representations or warranties that, by their terms, are specifically made as of a
date other than the date hereof) are correct on and as of the date hereof as though made on and as of the date hereof. 
 (d)
Due Execution. The execution, delivery and performance of this Amendment are within the power of Borrower, have been duly authorized by all necessary corporate action, have received all necessary governmental approval, if any, and do not
contravene any law or any contractual restrictions binding on Borrower. 
 (e) No Default. No event has occurred and is
continuing that constitutes a Default or an Event of Default. 
 6. Choice of Law. The validity of this Amendment, its construction,
interpretation and enforcement, the rights of the parties hereunder, shall be determined under, governed by, and construed in accordance with the internal laws of the State of New York governing contracts only to be performed in that State.

 7. Counterparts. This Amendment may be executed in any number of counterparts and by different parties and separate counterparts,
each of which when so executed and delivered, shall be deemed an original, and all of which, when taken together, shall constitute one and the same instrument. Delivery of an executed counterpart of a signature page to this Amendment by
telefacsimile or other similar method of electronic transmission shall be effective as delivery of a manually executed counterpart of this Amendment. 
 8. Reference to and Effect on the Loan Documents. 
 (a) Upon and after the
effectiveness of this Amendment, each reference in the Credit Agreement to “this Agreement”, “hereunder”, “hereof” or words of like import referring to the Credit Agreement, and each reference in the other Loan
Documents to “the Credit Agreement”, “thereof” or words of like import referring to the Credit Agreement, shall mean and be a reference to the Credit Agreement as modified and amended hereby. 
 (b) Except as specifically amended above, the Credit Agreement and all other Loan Documents are and shall continue to be in full force and
effect and are hereby in all respects ratified and confirmed and shall constitute the legal, valid, binding and enforceable obligations of Borrower to the Lender Group. 
 (c) The execution, delivery and effectiveness of this Amendment shall not, except as expressly provided herein, operate as a waiver of any
right, power or remedy of the Agent and Lender Group under any of the Loan Documents, nor constitute a waiver of any provision of any of the Loan Documents. 
  

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 (d) To the extent that any terms and conditions in any of the Loan Documents shall
contradict or be in conflict with any terms or conditions of the Credit Agreement, after giving effect to this Amendment, such terms and conditions are hereby deemed modified or amended accordingly to reflect the terms and conditions of the Credit
Agreement as modified or amended hereby. 
 9. Ratification. Borrower hereby restates, ratifies and reaffirms each and every term and
condition set forth in the Credit Agreement, as amended hereby, and the Loan Documents effective as of the date hereof. 
 10.
Estoppel. To induce Agent and Lender Group to enter into this Amendment and to continue to make advances to Borrower under the Credit Agreement, Borrower hereby acknowledges and agrees that, as of the date hereof, there exists no right of
offset, defense, counterclaim or objection in favor of Borrower as against any member of the Lender Group with respect to the Obligations. 
 11. Integration. This Amendment, together with the other Loan Documents, incorporates all negotiations of the parties hereto with respect to the subject matter hereof and is the final expression and agreement of the parties hereto
with respect to the subject matter hereof. 
 12. Severability. In case any provision in this Amendment shall be invalid, illegal or
unenforceable, such provision shall be severable from the remainder of this Amendment and the validity, legality and enforceability of the remaining provisions shall not in any way be affected or impaired thereby. 
 IN WITNESS WHEREOF, the parties have entered into this Amendment as of the date first above written. 
  

			
	INFOCUS CORPORATION,
	an Oregon corporation
		
	By:	 	/s/ Lisa Prentice
	Name: Lisa Prentice
	Title: Chief Financial Officer
	
	WELLS FARGO BANK, NATIONAL ASSOCIATION, as Agent and a Lender
		
	By:	 	/s/ Norm Chinn
	Name: Norm Chinn
	Title: Vice President

  

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 SCHEDULE 5.3 
 Provide Agent (and if so requested by Agent, with copies for each Lender) with each of the financial statements, reports, or other items set forth set forth below at the following times in form satisfactory to Agent:

  

			
	as soon as available, but in any event within 30 days after the end of each month during each of Borrower’s fiscal years	  	 (a) an unaudited consolidated balance sheet, income statement, and statement of cash flow covering Borrower’s and its Subsidiaries’
operations during such period,
  
 (b) a Compliance Certificate, and
  
 (c) a company prepared consolidated and consolidating balance sheet, income statement, and statement
of cash flow covering South Mountain Technologies, Ltd., a limited liability company organized under the laws of the Cayman Islands, and its Subsidiaries.

		
	as soon as available, but in any event within 45 days after the end of each fiscal quarter during each of Borrower’s fiscal years	  	 (d) an unaudited consolidated and consolidating balance sheet, income statement, and statement of cash flow covering Borrower’s and its
Subsidiaries’ operations during such period, and
  
 (e) a Compliance Certificate.

		
	as soon as available, but in any event within 90 days after the end of each of Borrower’s fiscal years	  	 (f) consolidated and consolidating financial statements of Borrower and its Subsidiaries for each such fiscal year, audited by independent certified
public accountants reasonably acceptable to Agent and certified, without any qualifications (including any (A) “going concern” or like qualification or exception, (B) qualification or exception as to the scope of such audit, or (C)
qualification which relates to the treatment or classification of any item and which, as a condition to the removal of such qualification, would require an adjustment to such item, the effect of which would be to cause any noncompliance with the
provisions of Section 6.16), by such accountants to have been prepared in accordance with GAAP (such audited financial statements to include a balance sheet, income statement, and statement of cash flow and, if prepared, such accountants’
letter to management),
  
 (g) consolidated and consolidating financial statements of
South Mountain Technologies, Ltd., a limited liability company organized under the laws of the Cayman Islands, and its Subsidiaries (if any), for each of its fiscal years beginning with its fiscal year ending 2005, audited by independent certified
public accountants reasonably acceptable to Agent and certified, without any qualifications (including any qualification or exception as to the scope of such audit), by such accountants to have been prepared in accordance with GAAP (such audited
financial statements to include a balance sheet, income statement, and statement of cash flow and, if prepared, such accountants’ letter to management), and
  
 (h) a Compliance Certificate.

		
	as soon as available, but in any event (a) by May 31, 2009 for Borrower’s fiscal year 2009 and (b) within 15 days prior to the start of each of Borrower’s other fiscal
years,	  	(i) copies of Borrower’s Projections, in form and substance (including as to scope and underlying assumptions) satisfactory to Agent, in its Permitted Discretion, for the forthcoming 2
years, year by year, and for the forthcoming fiscal year, on a quarterly basis, certified by the chief financial officer of Borrower as being such officer’s good faith estimate of the financial performance of Borrower during the period covered
thereby.

  

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	as soon as available, but in any event within 30 days after the end of each fiscal quarter,	  	(j) copies of the projections for South Mountain Technologies, Ltd., a limited liability company organized under the laws of the Cayman Islands, and its Subsidiaries in form and substance
(including as to scope and underlying assumptions) satisfactory to Agent, in its Permitted Discretion, for the forthcoming four quarters, on a quarterly basis.
		
	if and when filed by Borrower,	  	 (k) Form 10-Q quarterly reports, Form 10-K annual reports, and Form 8-K current reports,
  
 (l) any other filings made by Borrower with the SEC, and
  
 (m) any other information that is provided by Borrower to its shareholders
generally.

		
	promptly, but in any event within 5 days after any officer of Borrower has knowledge of any event or condition that constitutes a Default or an Event of Default,	  	(n) notice of such event or condition and a statement of the curative action that Borrower proposes to take with respect thereto.
		
	promptly after the commencement thereof, but in any event within 5 days after the service of process with respect thereto on Borrower or any of its Subsidiaries,	  	(o) notice of all actions, suits, or proceedings brought by or against Borrower or any of its Subsidiaries before any Governmental Authority which reasonably could be expected to result in a
Material Adverse Change.
		
	upon the request of Agent,	  	(p) any other information reasonably requested relating to the financial condition of Borrower or its Subsidiaries.

  

 -2-Form of Director Indemnification Agreement

 EXHIBIT 10.55 
 INFOCUS CORPORATION 
 FORM OF 
 DIRECTOR INDEMNIFICATION AGREEMENT 
 THIS AGREEMENT is made as of
                    , by and between InFocus Corporation, an Oregon corporation (the “Corporation”), and
             (“Director”), a member of the Corporation’s Board of Directors (the “Board”). 
 WHEREAS, it is essential to the Corporation to retain and attract directors who have significant experience in business, corporate and financial matters;
and 
 WHEREAS, the Director possesses the knowledge and experience desired by the Corporation and the Corporation desires the Director to
serve as a director of the Corporation; and 
 WHEREAS, the Articles of Incorporation and the Bylaws of the Corporation require
indemnification of the directors of the Corporation to the fullest extent permitted by the Oregon Business Corporation Act (the “OBCA”), and the OBCA expressly provides that the indemnification provisions set forth therein are not
exclusive; and 
 WHEREAS, the Corporation and the Director desire to enter into a contract that sets forth their respective rights and
obligations with regard to claims for loss, liability, expense or damage which, directly or indirectly, may arise out of or relate to service as a member of the Board; 
 NOW THEREFORE, in consideration of the premises and the covenants contained herein and Director’s agreement to continue to serve the Corporation after the date hereof, the sufficiency of which is hereby
acknowledged, the Corporation and Director do hereby covenant and agree as follows: 
  

	1.	Agreement to Serve. The Director shall serve as a director of the Corporation for so long as the Director is duly elected or until the Director tenders a resignation in
writing. This Agreement creates no obligation on either party to continue the service of the Director for a particular term or any term. 

  

	2.	Definitions. As used in this Agreement: 

  

	 	(a)	The term “Proceeding” shall include any threatened, pending or completed action, suit or proceeding, whether brought in the right of the Corporation or
otherwise, and whether of a civil, criminal, administrative or investigative nature, whether formal or informal, in which the Director may be or may have been involved as a party, witness or otherwise, by reason of the fact that the Director is or
was a director of the Corporation, or is or was serving at the request of the Corporation (or is deemed to be serving or have served) as a director, officer, partner, trustee, manager, employee or agent of another corporation, limited liability
company, partnership, joint venture, trust or other enterprise, whether or not serving in such capacity at the time any liability or expense is incurred for which exculpation, indemnification or reimbursement can be provided under this Agreement.
The term “Proceeding” shall also include a situation that the Director in good faith believes may lead to the institution of an action, suit or proceeding. 

  

	 	(b)	The term “Expenses” shall mean any expense, liability or loss, including attorneys’ fees, judgments, fines, ERISA excise taxes and penalties, amounts paid or
to be paid in settlement, any interest, assessments or other charges imposed thereon, any federal, state, local or foreign taxes imposed as a result of the actual or deemed receipt of any payments under this Agreement, and shall include, without
limitation thereto, expenses of investigations, judicial or administrative proceedings or appeals, attorney, accountant and other professional fees and disbursements and any expenses of establishing a right to indemnification under Section 12
of this Agreement, but shall not include amounts paid in settlement by the Director or the amount of judgments or fines against the Director. 

	 	(c)	References to “other enterprise” include, without limitation, employee benefit plans; references to “fines” include, without limitation, any excise
taxes assessed on a person with respect to any employee benefit plan; references to “serving at the request of the Corporation” include, without limitation, any service as a director, officer, partner, trustee, manager, employee or
agent which imposes duties on, or involves services by, such director, officer, partner, trustee, manager, employee or agent with respect to an employee benefit plan, its participants, or its beneficiaries; and a person who acted in good faith and
in a manner such person reasonably believed to be in the interest of the participants and beneficiaries of an employee benefit plan shall be deemed to have acted in a manner “not opposed to the best interests of the Corporation” as
referred to in this Agreement. 

  

	 	(d)	References to “the Corporation” shall include, in addition to the resulting entity, any constituent corporation or other entity (including any constituent of
a constituent) absorbed in a consolidation or merger which, if its separate existence had continued, would have had power and authority to indemnify its directors, officers, partners, trustees, managers, employees or agents, so that any person who
is or was a director, officer, partner, trustee, manager, employee or agent of such constituent entity, or is or was serving at the request of such constituent entity as a director, officer, partner, trustee, manager, employee or agent of another
corporation, limited liability company, partnership, joint venture, trust or other enterprise, shall stand in the same position under this Agreement with respect to the resulting or surviving entity as such person would have with respect to such
constituent entity if its separate existence had continued. 

  

	 	(e)	For purposes of this Agreement, the meaning of the phrase “to the fullest extent permitted by law” shall include, but not be limited to:

  

	 	(i)	to the fullest extent authorized or permitted by any amendments to or replacements of the OBCA adopted after the date of this Agreement that increase the extent to which a
corporation may indemnify or exculpate its directors; and 

  

	 	(ii)	to the fullest extent permitted by any provision of the OBCA that authorizes or contemplates additional indemnification by agreement, or the corresponding provision of any
amendment to or replacement of the OBCA. 

  

	 	(f)	A “Change in Control” shall be deemed to occur upon the earlier the earliest to occur after the date of this Agreement of any of the following events:

  

	 	(i)	Acquisition of Stock by Third Party. Any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Corporation representing
fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (a) the change in the relative Beneficial Ownership of the
Corporation’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (b) such acquisition was approved in advance by
the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (iii) of this definition; 

  

	 	(ii)	Change in Board of Directors. Individuals who, as of the date hereof, constitute the Board, and any new director whose election by the Board or nomination for election by the
Corporation’s stockholders was approved by a vote of at least two thirds of the Directors then still in office who were Directors on the date hereof or whose election for nomination for election was previously so approved (collectively, the
“Continuing Directors”), cease for any reason to constitute at least a majority of the members of the Board; 

  

	 	(iii)	 Corporation Transactions. The effective date of a reorganization, merger or consolidation of the Company (a “Business Combination”), in each
case, unless, immediately following such Business Combination: (a) all or substantially all of the Persons who were the Beneficial Owners of securities entitled to vote generally in the 

  

 2 

	 	 
election of Directors immediately prior to such Business Combination beneficially own, directly or indirectly, more than 51% of the combined voting power of
the then outstanding securities of the Corporation entitled to vote generally in the election of Directors resulting from such Business Combination (including, without limitation, a corporation which was a result of such transaction owns the
Corporation or all or substantially all of the Corporation’s assets either directly or through one or more Subsidiaries) in substantially the same proportions as their ownership, immediately prior to such Business Combination, of the securities
entitled to vote generally in the election of Directors; (b) no Person (excluding any corporation resulting from such Business Combination) is the Beneficial Owner, directly or indirectly, of 15% or more of the combined voting power of the then
outstanding securities entitled to vote generally in the election of Directors of such corporation except to the extent that such ownership existed prior to such Business Combination; and (c) at least a majority of the board of directors of the
corporation resulting from such Business Combination were Continuing Directors at the time of the execution of the initial agreement, or of the action of the board of directors, providing for such Business Combination; 

 

	 	(iv)	Liquidation. The approval by the stockholders of the Corporation of a complete liquidation of the Corporation or an agreement or series of agreements for the sale or
disposition by the Corporation of all or substantially all of the Corporation’s assets, other than factoring the Company’s current receivables or escrows due (or, if such approval is not required, the decision by the Board to proceed with
such a liquidation, sale, or disposition in one transaction or a series of related transactions); or 

  

	 	(v)	Other Events. There occurs any other event of a nature that would be required to be reported in response to Item 6(e) of Schedule 14A of Regulation 14A (or a response to
any similar item on any similar schedule or form) promulgated under the Exchange Act, whether or not the Corporation is then subject to such reporting requirement. 

  

	 	(g)	Beneficial Owner; Beneficial Ownership. The terms “Beneficial Owner” and “Beneficial Ownership” shall have the meanings set forth in Rule
13d-3 promulgated under the Securities Exchange Act of 1934, as amended, as in effect on the date hereof (the “Exchange Act”) . 

  

	 	(h)	The term “Person” shall have the meaning as set forth in Sections 13(d) and 14(d) of the Exchange Act as in effect on the date hereof; provided, however,
that “Person” shall exclude: (a) the Corporation; (b) any subsidiary of the Corporation; (c) any employment benefit plan of the Corporation or of a subsidiary of the Corporation or of any corporation owned, directly or
indirectly, by the stockholders of the Corporation in substantially the same proportions as their ownership of stock of the Corporation; and (d) any trustee or other fiduciary holding securities under an employee benefit plan of the Corporation
or of a subsidiary of the Corporation or of a corporation owned directly or indirectly by the stockholders of the Corporation in substantially the same proportions as their ownership of stock of the Corporation. 

  

 3 

	3.	Limitation of Liability. To the fullest extent permitted by law, the Director shall have no monetary liability of any kind or nature whatsoever in respect of the
Director’s errors or omissions (or alleged errors or omissions) in serving the Corporation or any of its subsidiaries, their respective shareholders or any other enterprise at the request of the Corporation, so long as such errors or omissions
(or alleged errors or omissions), if any, are not shown by clear and convincing evidence to have involved: 

  

	 	(i)	any breach of the Director’s duty of loyalty to such entities, shareholders or enterprises; 

  

	 	(ii)	any act or omission not in good faith or which involved intentional misconduct or a knowing violation of law; 

  

	 	(iii)	any transaction from which the Director derived an improper personal benefit; 

  

	 	(iv)	any unlawful distribution (including, without limitation, dividends, stock repurchases and stock redemptions), as defined in the OBCA; or 

  

	 	(v)	profits made from the purchase and sale by the Director of securities of the Corporation within the meaning of Section 16(b) of the Securities Exchange Act of 1934, as
amended, or similar provision of any state statutory law or common law. 

  

	 	(b)	Without limiting the generality of subparagraph (a) above and to the fullest extent permitted by law, the Director shall have no personal liability to the Corporation or
any of its subsidiaries, their respective shareholders or any other person claiming derivatively through the Corporation, regardless of the theory or principle under which such liability may be asserted, for: 

  

	 	(i)	punitive, exemplary or consequential damages; 

  

	 	(ii)	treble or other damages computed based upon any multiple of damages actually and directly proved to have been sustained; 

  

	 	(iii)	fees of attorneys, accountants, expert witnesses or professional consultants; or 

  

	 	(iv)	civil fines or penalties of any kind or nature whatsoever. 

  

	4.	Indemnity in Third Party Proceedings. The Corporation shall indemnify the Director in accordance with the provisions of this Section 4 if the Director was or is a party
to, or is threatened to be made a party to, any Proceeding (other than a Proceeding by or in the right of the Corporation to procure a judgment in its favor), against all Expenses, judgments, fines and amounts paid in settlement, actually and
reasonably incurred by the by the Director in connection with such Proceeding if the Director acted in good faith and in a manner the Director reasonably believed was in or not opposed to the best interests of the Corporation, and, with respect to
any criminal action or proceeding, the Director, in addition, had no reasonable cause to believe that the Director’s conduct was unlawful. 

 The Director shall not be entitled to indemnification under this Section 4 in connection with any Proceeding charging improper personal benefit to the Director in which the Director is finally adjudged liable
without further rights of appeal on the basis that personal benefit was improperly received by the Director unless and only to the extent that the court conducting such Proceeding, or any other court of competent jurisdiction, determines upon
application that, despite the adjudication of liability, the Director is fairly and reasonably entitled to indemnification in view of all the relevant circumstances. 
  

	5.	 Indemnity in Proceedings by or in the Right of the Corporation. The Corporation shall indemnify the Director in accordance with the provisions of this
Section 5 if the Director was or is a party to, or is threatened to be made a party to, any Proceeding by or in the right of the Corporation to procure a judgment in its favor, against all Expenses actually and reasonably incurred by the
Director in connection with the defense or settlement of such Proceeding if the Director acted in good faith and in a manner the 

  

 4 

	 	 
Director reasonably believed was in or not opposed to the best interests of the Corporation. The Director shall not be entitled to indemnification under this
Section 5 in connection with any Proceeding in which the Director has been finally adjudged liable without further rights of appeal to the Corporation unless and only to the extent that the court conducting such Proceeding, or any other court
of competent jurisdiction, determines upon application that, despite the adjudication of liability, the Director is fairly and reasonably entitled to indemnification in view of all the relevant circumstances. 

  

	6.	Indemnification of Expenses of Successful Party. Notwithstanding any other provisions of this Agreement other than Section 8, to the extent that the Director has been
successful, on the merits or otherwise, in defense of any Proceeding or in defense of any claim, issue or matter therein, including the dismissal of an action without prejudice, the Corporation shall indemnify the Director against all Expenses
actually and reasonably incurred in connection therewith. If any Proceeding is disposed of on the merits or otherwise (including a disposition without prejudice), without (i) the disposition being adverse to the Director, (ii) an
adjudication that the Director was liable to the Corporation, (iii) a plea of guilty by the Director, (iv) an adjudication that the Director did not act in good faith, and in a manner he reasonably believed to be in or not opposed to the
best interests of the Corporation, and (v) with respect to any criminal proceeding, an adjudication that the Director had reasonable cause to believe his conduct was unlawful, the Director shall be considered for the purposes hereof to have
been successful with respect thereto. 

  

	7.	Additional Indemnification. Notwithstanding any limitation in Sections 4, 5 or 6, the Corporation shall indemnify the Director to the fullest extent permitted by law with
respect to any Proceeding (including a Proceeding by or in the right of the Corporation to procure a judgment in its favor), against all Expenses, judgments, fines and amounts paid in settlement, actually and reasonably incurred by the Director in
connection with such Proceeding. 

  

	8.	Exclusions. Notwithstanding any provision in this Agreement, the Corporation shall not be obligated under this Agreement to make any indemnification in connection with any
claim made against the Director: 

  

	 	(a)	for which payment has actually been made to or on behalf of the Director under any insurance policy, except with respect to any excess amount to which the Director is
entitled under this Agreement beyond the amount of payment under such insurance policy; 

  

	 	(b)	if a court having jurisdiction in the matter finally determines that such indemnification is not lawful under any applicable statute or public policy;

  

	 	(c)	in connection with any Proceeding (or part of any Proceeding) initiated by the Director, or any Proceeding by the Director against the Corporation or its directors, officers,
employees or other persons entitled to be indemnified by the Corporation, unless: 

  

	 	(i)	the Corporation is expressly required by law to make the indemnification; 

  

	 	(ii)	the Proceeding was authorized by the Board of Directors of the Corporation; or 

  

	 	(iii)	the Director initiated the Proceeding pursuant to Section 12 of this Agreement and the Director is successful in whole or in part in such Proceeding; or

  

	 	(d)	on account of any Proceeding with respect to which final judgment without further right of appeal is rendered against the Director for payment or an accounting of profits
made from the purchase or sale by the Director of securities of the Corporation within the meaning of Section 16(b) of the Securities Exchange Act of 1934, as amended, or similar provision of any state statutory law or common law.

  

	9.	 Advances of Expenses. The Corporation shall pay the Expenses incurred by the Director in any Proceeding (other than a Proceeding brought for an accounting of
profits made from the purchase and sale by the Director of securities of the Corporation 

  

 5 

	 	 
within the meaning of Section 16(b) of the Securities Exchange Act of 1934, as amended, or similar provision of any state statutory law or common law)
in advance of the final disposition of the Proceeding at the written request of the Director, if the Director: 

  

	 	(a)	furnishes the Corporation a written affirmation of the Director’s good faith belief that the Director is entitled to be indemnified under this Agreement; and

  

	 	(b)	furnishes the Corporation a written undertaking in the form attached hereto as Exhibit A. Such undertaking shall be an unlimited general obligation of the Director but
need not be secured. 

 Advances pursuant to this Section 9 shall be made no later than 10 days after receipt by the
Corporation of the affirmation and undertaking described in Sections 9(a) and 9(b) above, and shall be made without regard to the Director’s ability to repay the amount advanced and without regard to the Director’s ultimate entitlement to
indemnification under this Agreement. Advances shall be unsecured and interest free. The Corporation may establish a trust, escrow account or other secured funding source for the payment of advances made and to be made pursuant to this
Section 9 or of other liability incurred by the Director in connection with any Proceeding. 
  

	10.	Nonexclusivity, Effectiveness and Continuity of Rights. The indemnification, advancement of Expenses, and exculpation from liability provided by this Agreement (i) shall
not be deemed exclusive of any other rights to which the Director may be entitled under any other agreement, any articles of incorporation, bylaws, or vote of shareholders or directors, the OBCA, or otherwise, both as to action in the
Director’s official capacity and as to action in another capacity while holding such office or occupying such position, (ii) shall apply without regard to whether the event giving rise to a claim for indemnification, advancement,
reimbursement or exculpation occurred prior to or following the date of this Agreement, and (iii) shall continue as to the Director even though the Director may have ceased to be a director of the Corporation or a director, officer, partner,
trustee, manager, employee or agent of an enterprise related to the Corporation and shall inure to the benefit of the heirs, executors, administrators and personal representatives of the Director. 

  

	11.	Procedure Upon Application for Indemnification. Any indemnification under Sections 4, 5, 6 or 7 shall be made no later than 45 days after receipt of the written request of
the Director, unless a determination that the Director is not entitled to indemnification under this Agreement is made within such 45 day period: 

  

	 	(a)	by the Board of Directors by a majority vote of a quorum consisting of directors who are not parties to the applicable Proceeding; 

  

	 	(b)	if a quorum cannot be obtained under paragraph (a) of this Section 11, then by a majority vote of a committee of the Board of Directors that is (i) duly
designated by the Board of Directors, with the participation of directors who are parties to the applicable Proceeding, and (ii) consists solely of two or more directors not parties to the applicable Proceeding; 

  

	 	(c)	by independent legal counsel in a written opinion, which counsel shall be appointed (i) by a majority vote of the Board of Directors or its committee in the manner
prescribed by paragraph (a) or paragraph (b) of this Section 11, or (ii) if a quorum of the Board of Directors cannot be obtained under paragraph (a) of this Section 11 or a committee cannot be designated under
paragraph (b) of this Section 11, then by a majority vote of the full Board of Directors, including directors who are parties to the applicable Proceeding; or 

  

	 	(d)	 by the shareholders of the Corporation; provided that following: a Change in Control, all determinations concerning the rights of the Director to
indemnity payments and expense advances under this Agreement or any other agreement or under applicable law or the Corporation’s Articles of Incorporation or Bylaws now or hereafter in effect relating to indemnification shall be made by
independent counsel selected by the Director and approved by the Corporation (which approval shall not be unreasonably withheld or delayed), and who has not otherwise performed services for the Corporation or the Director (other than in connection
with indemnification matters) within the last five years. The Independent Counsel shall not include any person who, under the applicable standards of professional conduct then 

  

 6 

	 	 
prevailing, would have a conflict of interest in representing either the Corporation or Director in an action to determine Director’s rights under this
Agreement. Such counsel, among other things, shall render its written opinion to the Corporation and Director as to whether and to what extent the Director should be permitted to be indemnified under applicable law. 

 The Corporation agrees to pay the reasonable fees of any independent counsel engaged hereunder and to advance expenses for and indemnify fully such
counsel against any and all expenses (including attorneys’ fees), claims, liabilities, loss and damages arising out of or relating to this Agreement or the engagement of independent counsel pursuant hereto. 
 If the person or persons so empowered to make a determination pursuant to this Section 11 shall have failed to make the requested determination
within ninety (90) days after any judgment, order, settlement, dismissal, arbitration award, conviction, acceptance of a plea of nolo contendre or its equivalent, or other disposition or partial disposition of any Proceeding or any other
event that could enable the Corporation to determine the Director’s entitlement to indemnification, the requisite determination that the Director is entitled to indemnification shall be deemed to have been made. 
  

	12.	Enforcement. The Director may enforce any right to indemnification, advances or exculpation provided by this Agreement in any court of competent jurisdiction if:

  

	 	(a)	the Corporation denies the claim for indemnification, advances or exculpation, in whole or in part; or 

  

	 	(b)	the Corporation does not dispose of such claim within the time period required by this Agreement. 

  

 7 

 It shall be a defense to any such enforcement action (other than an action brought to enforce a claim for
advancement of Expenses pursuant to, and in compliance with, Section 9 of this Agreement) that the Director is not entitled to indemnification or exculpation under this Agreement. However, except as provided in Section 13 of this
Agreement, the Corporation shall not assert any defense to an action brought to enforce a claim for advancement of Expenses pursuant to Section 9 of this Agreement if the Director has tendered to the Corporation the affirmation and undertaking
required thereunder. In making any determination concerning Director’s right to indemnification, there shall be a presumption that Director has satisfied the applicable standard of conduct, and the Corporation may overcome such presumption only
by its presenting clear and convincing evidence to the contrary. The burden of proving by clear and convincing evidence that indemnification or exculpation is not appropriate shall be on the Corporation. Neither the failure of the Corporation
(including its Board of Directors, a committee thereof, or independent legal counsel) to have made a determination prior to the commencement of such action that indemnification or exculpation is proper in the circumstances because the Director has
met the applicable standard of conduct nor an actual determination by the Corporation (including its Board of Directors, a committee thereof, or independent legal counsel) that indemnification or exculpation is improper because the Director has not
met such applicable standard of conduct, shall be asserted as a defense to the action or create a presumption that the Director is not entitled to indemnification or exculpation under this Agreement or otherwise. The knowledge and/or actions, or
failure to act, of any director, officer, agent or employee of the Corporation or the Corporation itself shall not be imputed to Director for purposes of determining any rights under this Agreement. The Director’s Expenses incurred in
connection with successfully establishing the Director’s right to indemnification, advances or exculpation, in whole or in part, in any Proceeding shall also be paid or reimbursed by the Corporation. 
 The termination of any Proceeding by judgment, order, settlement, conviction or upon a plea of nolo contendere, or its equivalent, shall not, of
itself, create a presumption that: 
  

	 	(i)	the Director is not entitled to indemnification under Sections 4, 5 or 7 of this Agreement because the Director did not act in good faith and in a manner which the Director
reasonably believed to be in or not opposed to the best interests of the Corporation, and, with respect to any criminal action or proceeding, had reasonable cause to believe that the Director’s conduct was unlawful; or 

 

	 	(ii)	the Director is not entitled to exculpation under Section 3 of this Agreement. 

 The Corporation and Director agree that a monetary remedy for breach of this Agreement may be inadequate, impracticable and difficult of proof, and
further agree that such breach may cause Director irreparable harm. Accordingly, the parties hereto agree that Director may enforce this Agreement by seeking injunctive relief and/or specific performance hereof, without any necessity of showing
actual damage or irreparable harm and that by seeking injunctive relief and/or specific performance, Director shall not be precluded from seeking or obtaining any other relief to which he may be entitled. The Corporation and Director further agree
that Director shall be entitled to such specific performance and injunctive relief, including temporary restraining orders, preliminary injunctions and permanent injunctions, without the necessity of posting bonds or other undertaking in connection
therewith. The Corporation acknowledges that in the absence of a waiver, a bond or undertaking may be required of Director by the Court, and the Corporation hereby waives any such requirement of a bond or undertaking. 
  

	13.	Notification and Defense of Claim. Promptly after receipt by Director of notice of the commencement of any Proceeding, Director shall, if a claim in respect of the Proceeding
is to be made against the Corporation hereunder, notify the Corporation of the commencement thereof. The failure to promptly notify the Corporation of the commencement of the Proceeding, or Director’s request for indemnification, will not
relieve the Corporation from any liability that it may have to Director hereunder, except to the extent the Corporation is prejudiced in its defense of such Proceeding as a result of such failure. With respect to any Proceeding as to which the
Director so notifies the Corporation of the commencement: 

  

	 	(a)	The Corporation shall be entitled to participate in the Proceeding at its own expense. 

  

 8 

	 	(b)	Except as otherwise provided in this Section 14, the Corporation may, at its option and jointly with any other indemnifying party similarly notified and electing to
assume such defense, assume the defense of the Proceeding, with legal counsel reasonably satisfactory to the Director. The Director shall have the right to use separate legal counsel in the Proceeding, but the Corporation shall not be liable to the
Director under this Agreement, including Section 9 above, for the fees and Expenses of separate legal counsel incurred after notice from the Corporation of its assumption of the defense, unless (i) the Director reasonably concludes that
there may be a conflict of interest between the Corporation and the Director in the conduct of the defense of the Proceeding, or (ii) the Corporation does not use legal counsel to assume the defense of such Proceeding. The Corporation shall not
be entitled to assume the defense of any Proceeding brought by or on behalf of the Corporation or as to which the Director has made the conclusion provided for in (i) above. 

  

	 	(c)	If two or more persons who may be entitled to indemnification from the Corporation, including the Director, are parties to any Proceeding, the Corporation may require the
Director to use the same legal counsel as the other parties. The Director shall have the right to use separate legal counsel in the Proceeding, but the Corporation shall not be liable to the Director under this Agreement, including Section 9
above, for the fees and Expenses of separate legal counsel incurred after notice from the Corporation of the requirement to use the same legal counsel as the other parties, unless the Director reasonably concludes that there may be a conflict of
interest between the Director and any of the other parties required by the Corporation to be represented by the same legal counsel. 

  

	 	(d)	The Corporation shall not be liable to indemnify the Director under this Agreement for any amounts paid in settlement of any Proceeding effected without its written consent,
which shall not be unreasonably withheld. The Corporation shall not be required to obtain the consent of the Director for the settlement of any Proceeding the Corporation has undertaken to defend if the Corporation assumes full and sole
responsibility for each such settlement; provided, however, that the Corporation shall be required to obtain Director’s prior written approval, which may be granted or withheld in Director’s sole, reasonable discretion,
before entering into any settlement which (i) does not grant Director a complete and unqualified release of liability; (ii) would impose any penalty or limitation on Director, or (b) would admit any liability or misconduct by
Director. 

  

	14.	Partial Indemnification. If the Director is entitled under any provision of this Agreement to indemnification by the Corporation for some or a portion of the Expenses,
judgments, fines or amounts paid in settlement, actually and reasonably incurred by the Director in connection with such Proceeding, but not, however, for the total amount thereof, the Corporation shall nevertheless indemnify the Director for the
portion of such Expenses, judgments, fines or amounts paid in settlement to which the Director is entitled. 

  

	15.	Contribution. In order to provide for just and equitable contribution in circumstances in which the indemnification provided for herein is held by a court of competent
jurisdiction to be unavailable to the Director in whole or in part, it is agreed that, in such event, the Corporation shall, to the fullest extent permitted by law, contribute the payment of the Director’s costs, charges and Expenses (including
attorneys’ fees), judgments, fines and amounts paid in settlement with respect to any Proceeding, whether civil, criminal, administrative or investigative, in an amount that is just and equitable in the circumstances, taking into account, among
other things, contributions by other directors and officers of the Corporation or others pursuant to indemnification agreements or otherwise; provided, that, without limiting the generality of the foregoing, such contribution shall not be required
where such holding by the court is due to (i) the failure of the Director to meet the standard of conduct set forth in Section 4 hereof, or (ii) any limitation on indemnification set forth in Sections 4, 5 or 8 hereof.

  

	16.	D&O Liability Insurance. 

  

	 	(a)	 Maintenance of Insurance. The Corporation hereby covenants and agrees that, so long as the Director shall continue to serve the Corporation in any of the
capacities set forth in the definition of “Proceeding” above, and thereafter so long as 

  

 9 

	 	 
the Director shall be subject to any possible Proceeding by reason of the fact that the Director was serving in any such capacity, the Corporation shall
promptly obtain and maintain in full force and effect directors’ and officers’ liability insurance (“D&O Insurance”) in reasonable amounts from established and reputable insurers. 

  

	 	(b)	Annual Review. At the Director’s request, the Corporation shall arrange an annual review of the Corporation’s D&O Insurance by an independent insurance adviser,
all fees and charges arising from such review to be met by the Corporation. 

  

	 	(c)	Tail Coverage. In the event of a Change in Control, the Corporation shall maintain in force any and all insurance policies then maintained by the Corporation providing
insurance in respect of Director, including without limitation D&O Insurance, for a period of six years thereafter. The policies for such continued coverage shall be placed by a broker engaged by the Corporation prior to such Change in Control.

  

	 	(d)	Pursuit of the Insurance Company. The Corporation shall indemnify Director for Expenses incurred by Director in connection with action brought by Director for recovery under
any insurance policy referred to in this Section 16, and shall advance to Director the Expenses of such action; provided, however, that by executing this Agreement Director hereby undertakes to promptly re-pay the Corporation for
any such advanced Expenses if a court of competent jurisdiction finds that all of the claims brought by the Director were frivolous and not in good faith. 

  

	17.	Interpretation and Scope of Agreement. Nothing in this Agreement shall be interpreted to constitute a contract of service for any particular period or pursuant to any
particular terms or conditions. The Corporation retains the right, in its discretion, to terminate the service relationship of the Director, with or without cause, or to alter the terms and conditions of the Director’s service all without
prejudice to any rights of the Director which may have accrued or vested prior to such action by the Corporation. The Corporation shall be precluded from asserting in any such proceeding that the procedures and presumptions of this Agreement are not
valid, binding and enforceable and shall stipulate in any such court that the Corporation is bound by all the provisions of this Agreement and is precluded from making any assertion to the contrary. 

  

	18.	Severability. If this Agreement or any portion thereof shall be invalidated on any ground by any court of competent jurisdiction, the remainder of this Agreement shall
continue to be valid and the Corporation shall nevertheless indemnify the Director as to Expenses, judgments, fines and amounts paid in settlement with respect to any Proceeding to the fullest extent permitted by any applicable portion of this
Agreement that shall not have been invalidated. 

  

	19.	Subrogation. In the event of payment under this Agreement, the Corporation shall be subrogated to the extent of such payment to all of the rights of recovery of the Director
with respect to any insurance policy or otherwise. The Director shall execute all documents required and shall do all acts that may be necessary to secure such rights and to enable the Corporation effectively to bring suit to enforce such rights.
The Corporation shall pay or reimburse all Expenses actually and reasonably incurred by Director in connection with such subrogation. 

  

	20.	Notices. All notices, requests, demands and other communications under this Agreement shall be in writing and shall be deemed to have been duly given upon delivery by hand to
the party to whom the notice or other communication shall have been directed, or on the third business day after the date on which it is mailed by United States mail with first-class postage prepaid, addressed as follows: 

 

					
	 If to Director:
	 	  
	 	
		 	  
	 	
		 	 Attn: _______________________________________
	 	
		 	 Facsimile: ___________________________________
	 	
		 	 E-mail:_____________________________________
	 	

  

 10 

					
	 If to Corporation:
	 	 InFocus Corporation
	 	
		 	 27500 SW Parkway Avenue
	 	
		 	 Wilsonville, Oregon 97070
	 	
		 	 Attn: __________________________________
	 	
		 	 Facsimile (503) __________________________
	 	
		 	 E-mail: _________________________________
	 	
			
	 With a copy to:
	 	Garvey Schubert Barer	 	
		 	 Eleventh Floor
	 	
		 	 121 S.W. Morrison
	 	
		 	 Portland, Oregon 97204-3141
	 	
		 	 Attn: Stephen J. Connolly, Esquire
	 	
		 	 Facsimile: (503) 226-0259
	 	
		 	 E-mail: sconnolly@gsblaw.com
	 	

 or to any other address as either party may designate to the other in writing. 
  

	21.	Counterparts. This Agreement may be executed in any number of counterparts, each of which shall constitute the original. 

  

	22.	Successors and Assigns. All of the terms and provisions of this Agreement shall be binding upon, shall inure to the benefit of and shall be enforceable by the parties hereto
and their respective successors, assigns, heirs, executors, administrators and legal representatives. The Corporation shall require and cause any direct or indirect successor (whether by purchase, merger, consolidation or otherwise) to all or
substantially all of the business or assets of the Corporation, by written agreement in form and substance reasonably satisfactory to Director, expressly to assume and agree to perform this Agreement in the same manner and to the same extent that
the Corporation would be required to perform if no such succession had taken place. 

  

 11 

	23.	Applicable Law. This Agreement shall be governed by and construed in accordance with the internal laws of the state of Oregon without regard to the principles of conflict of
laws. 

  

	24.	Attorney Fees. If any suit or action (including, without limitation, any bankruptcy proceeding) is instituted to enforce or interpret any provision of this Agreement, the
prevailing party shall be entitled to recover from the party not prevailing, in addition to other relief that may be provided by law, an amount determined reasonable as attorney fees at trial and on any appeal of such suit or action.

  

	25.	Modification and Waiver. No supplement, modification or amendment of this Agreement shall be binding unless executed in writing by both of the parties hereto. No waiver of
any of the provisions of this Agreement shall be deemed or shall constitute a waiver of any other provision hereof (whether or not similar) nor shall such waiver constitute a continuing waiver. 

  

	26.	Jurisdiction and Venue. Each party hereto expressly and irrevocably consents and submits to the jurisdiction and venue of any state or federal court sitting in Multnomah
County, Oregon, in any action or proceeding arising out of or relating to this Agreement and agrees that all claims in respect of the action or proceeding may be heard and determined in such court and to the appellate courts in connection with any
appeal. The parties expressly waive all defenses of lack of personal jurisdiction, improper venue and forum non-conveniens with respect to such federal and state courts sitting within Multnomah County, Oregon. The parties expressly consent to
(i) service of process being effected upon them by certified mail sent to the addresses set forth in this Agreement and (ii) any final judgment rendered against a party in any action or proceeding being enforceable in other jurisdictions
in any manner provided by law. 

  

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

 [Remainder of this page intentionally left blank.] 
  

 12 

 IN WITNESS WHEREOF, the parties have caused this Agreement to be duly executed as of the date first
written above. 
  

	
	DIRECTOR:
	
	  
	Signature
	Print Name: ___________________________

  

			
	CORPORATION:
	
	INFOCUS CORPORATION
		
	By:	 	 
		 	Signature
		 	Print Name: ___________________________
		 	Title: _______________________________

  

 13 

 EXHIBIT A 
 FORM OF UNDERTAKING 
 The undersigned is the Director as defined in that certain Director Indemnification Agreement
dated November 12, 2008 between the undersigned and InFocus Corporation (the “Indemnification Agreement”). Capitalized terms not otherwise defined herein shall have the meanings given in such agreement. 
 As a condition to receiving advances of Expenses as provided in Section 9 of the Indemnification Agreement, Director agrees that, if, when and to the extent that a
final judicial determination is made that Director would not be permitted to be so indemnified under applicable law, the Director shall reimburse the Company for all amounts theretofore paid by the Company to Director pursuant to the Indemnification
Agreement within 60 days of the Company’s demand, but only to the extent that Director is ultimately found not to be entitled to be indemnified by the Company under the terms of the Indemnification Agreement, the charter documents of the
Company (including its articles of incorporation and bylaws), and applicable state law. 
 This Agreement shall not affect in any manner rights which
Director may have against the Company, any insurer or any other person to seek indemnification for or reimbursement of any expenses referred to herein or any judgment which may be rendered in any litigation or proceeding. 
  

	
	FOR EXHIBIT PURPOSES ONLY, NO SIGNATURE REQUIRED
	
	  
	Director

 EXHIBIT A

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