Document:

EX-10.1

 Exhibit 10.1 

INDEMNIFICATION AGREEMENT 
 THIS
AGREEMENT IS MADE AND ENTERED INTO AS OF [DATE] BETWEEN 
  

	1.	[travel B.V.][trivago N.V.], a [private limited liability company (besloten vennootschap met beperkte aansprakelijkheid)][public limited liability company (naamloze vennootschap)] organized under
the laws of the Netherlands, having its corporate seat at Amsterdam and its address at Bennigsen Platz 1, 40474 Düsseldorf, Germany, registered with the trade register of the Dutch Chamber of Commerce under number 67222927 (the Company);
and 

  

	2.	[name], an individual, born in [place] on [date] (the Indemnitee). 

The Company and the Indemnitee hereinafter jointly also referred to as the Parties and each individually as a Party. 

WHEREAS 
  

	A.	The articles of association of the Company [will, after conversion of the Company into a public liability company under Dutch law,] contain an indemnification for current and former Managing Directors and
Supervisory Directors and certain other current and former Officers. 

  

	B.	Both the Company and the Indemnitee recognize the increased risk of expensive and time-consuming litigation and other claims being asserted against directors and officers of companies and that highly competent
and experienced persons have become more reluctant to serve or continue to serve companies as directors or officers unless they are provided with adequate protection through insurance and/or adequate indemnification against inordinate risks of
claims and actions against them arising out of their service to and activities on behalf of companies. 

  

	C.	The Management Board believes that: 

  

	 	a.	an increased difficulty in attracting and retaining highly competent persons, such as the Indemnitee, is detrimental to the best interests of the Company and its business; 

 

	 	b.	the Company may not be able - now or in the future - to obtain and keep liability insurance with full and adequate coverage for directors and officers; and 

 

	 	c.	 it is reasonable, prudent and in the best interests of the Company and its business to, in furtherance of
the Company’s articles of association, enter into this Agreement to provide for the 

 

 
  

	 	indemnification of and advancement of expenses to the Indemnitee as set forth in this Agreement in order to provide increased certainty of protection to the Indemnitee and induce the Indemnitee to provide and continue
to provide services to the Company. 

  

	D.	The Indemnitee serves as [a Managing Director][a Supervisory Director][an Officer]. 

 THE PARTIES NOW
HEREBY AGREE AS FOLLOWS 
  

	1	DEFINITIONS AND INTERPRETATION 

  

	1.1	The following capitalized terms and expressions in this Agreement shall have the following meanings: 

  

			
	 Advance
	  	an advance as referred to in Clause 3.1;
		
	 Agreement
	  	this indemnification agreement;
		
	 Business Day
	  	a day (other than a Saturday or Sunday) on which banks are generally open in the Netherlands for the conduct of normal business;
		
	 Clause
	  	a clause of this Agreement;
		
	 Disinterested Director
	  	a Managing Director or a Supervisory Director, as the case may be, who is not and was not a party to the Proceeding in respect of which indemnification is sought by the Indemnitee;
		
	 Expenses
	  	all attorney’s fees, retainers, court costs, transcript costs, fees of experts, witness fees, travel expenses, printing and binding costs, telephone charges, postage and all other actual out of pocket expenses, not including
any compensation for time spent by the Indemnitee, any settlement payments or any amount of judgments, arbitral awards or fines (whether civil, criminal, administrative or investigative);

 

 
  

			
	Independent Counsel	  	an attorney or firm of attorneys that is experienced in matters of corporation law in the appropriate jurisdictions and neither currently is, nor in the past three (3) years has been, retained to represent: (i) the Company or the
Indemnitee in any matter material to either such party (other than with respect to matters concerning the Indemnitee under this Agreement and/or the indemnification provisions of the Company’s articles of association, or of other indemnitees
under similar indemnification agreements), or (ii) any other party to the Proceeding giving rise to a claim for indemnification hereunder. Notwithstanding the foregoing, the term “Independent Counsel” does not include any person who, under
the applicable standards of professional conduct then prevailing, would have a conflict of interests in representing either the Company or the Indemnitee in an action to determine the Indemnitee’s rights under this Agreement;
		
	Liabilities	  	any financial losses, liabilities, or damages;
		
	Management Board	  	the Company’s management board;
		
	Managing Director	  	a member of the Management Board;
		
	Officer	  	an employee or officer of the Company and/or any of its group companies who is not a Managing Director or a Supervisory Director;
		
	Proceeding	  	any threatened, pending or completed suit, claim (including third party claims), action or legal proceedings, whether civil, criminal, administrative or investigative and whether formal or informal;
		
	Supervisory Board	  	the Company’s supervisory board[, if and when in place];
		
	Supervisory Director	  	a member of the Supervisory Board.

 

 
  
  

	1.2	For the purpose of this Agreement: 

  

	 	a.	Gender and number Words denoting the singular shall include the plural and vice versa, unless specifically defined otherwise. Words denoting one gender shall include another gender. 

 

	 	b.	Reference to include The words “include”, “included” or “including” are used to indicate that the matters listed are not a complete enumeration of all matters covered and will
be construed as meaning including without limitation except to the extent specifically provided otherwise in this Agreement. 

  

	 	c.	Headings The headings are for convenience or reference only and are not to affect the construction of this Agreement or to be taken into consideration in the interpretation of this Agreement.

  

	 	d.	Days Unless the context clearly indicates a contrary intention, when any number of days is prescribed in this Agreement, it must be calculated exclusively of the first and inclusively of the last day
unless the last day falls on a day other than a Business Day, in which case the last day will be the next succeeding day which is a Business Day. 

  

	 	e.	Drafting party No provision of this Agreement shall be interpreted adversely against a Party solely because that Party was responsible for drafting that particular provision. It is acknowledged that
representatives of each Party have participated in the drafting and negotiation of this Agreement. 

  

	 	f.	Language If there is a discrepancy between an English language word and a Dutch language word used to clarify it and then to the extent of the conflict only, the meaning of the Dutch language word shall
prevail. 

  

	 	g.	Dutch concepts References to any Dutch legal concept in any jurisdiction other than the Netherlands shall be deemed to include the concept which in that jurisdiction most closely approximates the Dutch
legal concept. 

  

	 	h.	No right to be retained Nothing in this Agreement shall be construed as giving the Indemnitee any right to be retained in the employ or otherwise in the service of the Company and/or its subsidiaries.

  

	 	i.	 Final and binding decisions Any reference in this Agreement to a final and binding decision of a court or
arbitral tribunal, shall mean: (a) with respect to a court, a final and binding, full or partial, decision of a court (geheel of gedeeltelijk gerechtelijk  

 

 
  

	 	eindvonnis met gezag van gewijsde), without possibility for appeal, and (b) with respect to an arbitral tribunal, a final and binding, full or partial, decision of an arbitral tribunal (geheel of gedeeltelijk
arbitraal eindvonnis met gezag van gewijsde), without possibility for arbitral appeal to the same or another arbitral tribunal. 

  

	2	INDEMNIFICATION 

  

	2.1	The Company shall indemnify the Indemnitee against: 

  

	 	a.	any Liabilities incurred by the Indemnitee; and 

  

	 	b.	any Expenses reasonably paid or incurred by the Indemnitee in connection with any Proceeding, 

to the extent this relates to his position as a current or former Managing Director, Supervisory Director or Officer, in each case to the
fullest extent permitted by applicable law. 
  

	2.2	Notwithstanding any other provision of this Agreement, no indemnification shall be given to the Indemnitee: 

  

	 	a.	if a Dutch court has established, without possibility for appeal, that the acts or omissions of the Indemnitee that led to the Liabilities or Proceeding as described in Clause 2.1 result from an unlawful or
illegal act, including wilful (opzettelijk), intentionally reckless (bewust roekeloos) or seriously culpable (ernstig verwijtbaar) conduct of the Indemnitee; 

 

	 	b.	to the extent that his Liabilities and Expenses are covered by an insurance and the insurer has settled these Liabilities and Expenses (or has irrevocably indicated that it would do so); 

 

	 	c.	 in connection with any Proceeding (or any part of any Proceeding) initiated by the Indemnitee, including
any Proceeding (or any part of any Proceeding) initiated by the Indemnitee against the Company or its Managing Directors, Supervisory Directors or Officers, unless (i) the Management Board authorized the Proceeding (or any part of such Proceeding)
prior to its initiation, (ii) such Proceeding or part of a Proceeding is brought by the Indemnitee to interpret or enforce this Agreement or any related indemnification obligations in a Company policy of insurance or the Company’s governing
documents (unless and to the extent a competent court or arbitral tribunal with jurisdiction over such action determines, in a final and binding decision, that the material assertions or defences

 

 
  

	 	asserted by the Indemnitee in such action were made in bad faith or were frivolous, however the indemnification shall in any event not extend to payments to be made by the Indemnitee under any order for costs given in
such Proceeding) or (iii) the Management Board voluntarily elects to provide the indemnification, in its sole discretion, and without any obligation to do so, if and to the extent permitted by applicable law; and 

 

	 	d.	to the extent that his Liabilities and Expenses are paid or incurred by virtue of any other capacity of the Indemnity than referred to in Clause 2.1, including being a shareholder or stock option holder of the
Company. 

  

	2.3	The exclusion of Clause 2.2(a) shall apply mutatis mutandis if (and to the extent) a similar decision has been rendered by another competent court or arbitral tribunal. 

 

	3	ADVANCEMENT OF EXPENSES 

  

	3.1	 Notwithstanding Clause 4.8 and any other provision of this Agreement (but subject to the entirety of this Clause
3, including Clause 3.2), the Company shall advance or reimburse all Expenses reasonably paid or incurred by the Indemnitee in connection with any Proceeding to the extent this relates to his position as a current or former Managing Director,
Supervisory Director or Officer ultimately within ten (10) Business Days after receipt by the Company of a statement or statements from the Indemnitee requesting such advance (an “Advance”) from time to time, or within such shorter
period as indicated by the Indemnitee if necessary to secure the Indemnitee’s rights in such Proceedings, whether prior to or after final resolution of such Proceeding. Such statement or statements shall reasonably evidence the Expenses
reasonably paid or incurred by the Indemnitee and shall include or be preceded or accompanied by a binding and irrevocable written undertaking by or on behalf of the Indemnitee to immediately repay such Advance if it is ultimately determined by a
competent court or arbitral tribunal, as applicable, in a final and binding decision, that the Indemnitee is not entitled to be indemnified for such Expenses. It is understood between the Company and the Indemnitee, and the Indemnitee hereby
explicitly accepts (to the extent necessary, in advance), that any future Advance pursuant to this Agreement is made to the Indemnitee under the condition that the Indemnitee shall repay any such Advance if and to the extent that it is ultimately
determined by a competent court or arbitral tribunal, as 

 

 
  

	 	applicable, in a final and binding decision, that the Indemnitee is not entitled to be indemnified by the Company for the Expense to which the Advance relates. Any Advances and undertakings to repay pursuant to this
Clause 3.1 shall be unsecured and interest free. 

  

	3.2	The Indemnitee will not be entitled to any Advance in connection with any of the matters for which indemnity is excluded pursuant to Clause 2.2. 

 

	4	DETERMINATION OF ENTITLEMENT TO AND PAYMENT OF INDEMNIFICATION 

  

	4.1	The Indemnitee may deliver to the Company a written request to have the Company indemnify and hold harmless the Indemnitee in accordance with this Agreement. Subject to Clause 4.10, such request may be delivered from
time to time and at such time(s) as the Indemnitee deems appropriate in his or her sole discretion. Such request shall include such relevant documentation and information as is reasonably available to the Indemnitee. Following such a written request
for indemnification, the Indemnitee’s entitlement to indemnification shall be determined in accordance with Clause 4.2. 

  

	4.2	Upon written request by the Indemnitee for indemnification pursuant to Clause 4.1, an initial determination with respect to the Indemnitee’s entitlement thereto will be made, if requested by the Indemnitee in the
request for indemnification, by an Independent Counsel in a written opinion delivered to the Management Board, a copy of which will also be delivered to the Indemnitee. 

If the Indemnitee does not request that the initial determination be made by an Independent Counsel, this determination shall be made by any of
the following (at the election of the Company: 
  

	 	a.	so long as there are Disinterested Directors with respect to such Proceeding, a majority vote of the Disinterested Directors; 

 

	 	b.	if no request as referred to under a. above is made by the Indemnitee and so long as there are Disinterested Directors with respect to such Proceeding, a committee of such Disinterested Directors designated by a
majority vote of such Disinterested Directors, or 

  

	 	c.	if no request as referred to under a. above is made by the Indemnitee, Independent Counsel in a written opinion delivered to the Management Board, a copy of which will also be delivered to the Indemnitee.

 

 
  
 The specific election by the Company
as described above to use the person, persons or entity enumerated above to make such determination is to be included in a written notification to the Indemnitee. The person, persons or entity chosen to make such initial determination under this
Agreement of the Indemnitee’s entitlement to indemnification shall act reasonably and in good faith in making such determination. 
  

	4.3	If the indemnification to which the Indemnitee is entitled following a determination pursuant to Clause 4.2 is not paid in full within 30 Business Days after the claim for payment has been made by the Indemnitee, the
Indemnitee may bring suit against the Company to recover the unpaid amount of the claim. If successful, in whole or in part, the Indemnitee shall be entitled to be paid also the expenses of prosecuting such claim. 

 

	4.4	Any determination pursuant to Clause 4.2 shall be binding upon the Company in any judicial proceeding as referred to in Clause 4.3, but shall not in any way (i) preclude the Company from recovering any amounts paid to
the Indemnitee under this Agreement (including Advances) following a determination by a competent court or arbitral tribunal, as applicable, in a final and binding decision, that the Indemnitee is not entitled to be indemnified by the Company
hereunder, or (ii) otherwise limit or adversely affect any right or the position of the Company in any proceedings before a competent court or arbitral tribunal, as applicable. A competent court or arbitral tribunal, as applicable, shall not in any
way be bound by the determination made pursuant to Clause 4.2. 

  

	4.5	 If the determination pursuant to Clause 4.2 will be made by an Independent Counsel, the Independent Counsel will
be selected by the Company and the Company will give written notice to the Indemnitee advising Indemnitee of the identity of the Independent Counsel so selected. The Indemnitee may, within five (5) Business Days after such written notice of
selection is given, deliver to the Company a written objection to such selection; provided, however, that such objection may be asserted only on the ground that the Independent Counsel so selected does not meet the requirements of
“Independent Counsel” as defined in this Agreement, and the objection will set forth with particularity the factual basis of such assertion. Absent a proper and timely objection, the person so selected will act as Independent Counsel. If a
written objection is made and substantiated, the Independent Counsel selected may not 

 

 
  

	 	serve as Independent Counsel unless and until such objection is withdrawn or a competent court or arbitral tribunal, as applicable, has determined that such objection is without merit. If the determination pursuant to
Clause 4.2 will be made by an Independent Counsel, and within fifteen (15) Business Days after submission by Indemnitee of a written request for indemnification pursuant to Clause 4.1, no Independent Counsel is selected, or an Independent Counsel
for which an objection thereto has been properly made remains unresolved, either the Company or the Indemnitee may, at the Company’s expense, petition a competent court or arbitrator, as applicable, for resolution of any objection which has
been made by the Indemnitee to the Company’s selection of Independent Counsel and/or for the appointment as Independent Counsel of a person selected by the court or by such other person as the court may designate. The Company will pay any and
all reasonable and necessary fees and expenses incurred by such selected Independent Counsel in connection with the determination pursuant to Clause 4.2, except if the Independent Counsel is appointed at the Indemnitee’s request and the
Independent Counsel has determined that the Indemnitee is not entitled to indemnification hereunder, in which case the Indemnitee will pay the aforementioned costs. 

 

	4.6	In making a determination, pursuant to Clause 4.2, the person, persons or entity making such determination will presume that the Indemnitee is entitled to indemnification under this Agreement and anyone seeking to
overcome this presumption will have the burden of proof. 

  

	4.7	The Company will use all reasonable efforts to cause any determination required to be made pursuant to Clause 4.2 to be made as promptly as practicable after the Indemnitee has submitted a written request for
indemnification pursuant to Clause 4.1. 

  

	4.8	 All payments of Expenses and other amounts by the Company to the Indemnitee pursuant to this Agreement will be
made as soon as practicable after a written request or demand therefor by the Indemnitee is received by the Company, but in no event later than ten (10) Business Days after such request or demand is received or such later date as it has been found
in the initial determination pursuant to Clause 4.2 that the Indemnitee shall be indemnified under this Agreement; provided, however, that an Advance will be made within the time provided in Clause 3.1. The written request of the Indemnitee
for indemnification and payments shall constitute a binding and irrevocable undertaking of the 

 

 
  

	 	Indemnitee towards the Company providing that the Indemnitee undertakes (verplicht zich ertoe) to the fullest extent allowed by applicable law to repay any such indemnification payment if and to the extent that
it is ultimately determined by a competent court or arbitral tribunal, as applicable, in a final and binding decision that the Indemnitee is not entitled to be indemnified by the Company under this Agreement. It is understood between the Company and
the Indemnitee, and the Indemnitee hereby explicitly accepts (to the extent necessary, in advance), that any future indemnification payment pursuant to this Agreement is made to the Indemnitee under the condition that the Indemnitee shall repay any
such indemnification payment if and to the extent that it is ultimately determined by a competent court or arbitral tribunal, as applicable, in a final and binding decision, that the Indemnitee is not entitled to be indemnified by the Company under
this Agreement. 

  

	4.9	The Indemnitee will fully cooperate with the person, persons or entity making a determination pursuant to Clause 4.2, including providing to such person, persons or entity, upon reasonable advance request, any
documentation or information which is not privileged or otherwise protected from disclosure and which is reasonably available to the Indemnitee and reasonably relevant to such determination. Any actual and reasonable out of pocket expenses incurred
by the Indemnitee in so cooperating with the person, persons or entity making such determination will be borne by the Company, unless it is ultimately determined that by a competent court or arbitral tribunal, as applicable, in a final and binding
decision, that the Indemnitee is not entitled to indemnification under this Agreement. 

  

	4.10	The Indemnitee will in any event be required to submit any request for indemnification pursuant to this Clause 4 within a reasonable time, not to exceed one (1) year, after any judgment, order, settlement, dismissal,
arbitration award, conviction, or other full or partial final determination or disposition of the Proceeding. The failure to timely submit the request to the Company shall not relieve the Company of any obligation which it may have to the Indemnitee
under this Agreement or otherwise, unless and only to the extent that such failure or delay adversely prejudices the Company. 

 

 
  
  

	5	NOTIFICATION AND DEFENSE OF PROCEEDINGS 

  

	5.1	The Indemnitee agrees to promptly notify the Company in writing upon receipt of a complaint, demand letter, writ of summons, or other document in relation to (or upon otherwise becoming aware of) any Proceeding against
the Indemnitee for which indemnification will or could be sought under this Agreement. The failure to notify the Company shall not relieve the Company of any obligation which it may have to the Indemnitee under this Agreement or otherwise, unless
and only to the extent that such failure or delay adversely prejudices the Company. 

  

	5.2	The Company will be entitled to participate in any Proceeding notified to the Company in accordance with Clause 5.1 and any other Proceeding against the Indemnitee for which indemnification will or, in the reasonable
determination of the Company, could be sought under this Agreement. Any participation of the Company in any Proceeding in accordance with the previous sentence, shall not in any way limit or otherwise adversely affect the right of the Company to
dispute the Indemnitee’s right to indemnification hereunder. 

  

	5.3	With respect to any Proceeding notified to the Company in accordance with Clause 5.1, the Company shall be entitled to assume the defense thereof, with counsel selected by the Company and reasonably satisfactory to
Indemnitee. The Company shall consult the Indemnitee on the conduct of the defense. The Company shall, however, have the right to conduct the defense as it sees fit in its sole discretion, provided that the Company shall conduct the defense in good
faith and in a diligent manner. The Indemnitee shall have the right to employ its own counsel in such Proceeding, but any fees and expenses of such counsel incurred after notice from the Company of its assumption of the defense thereof shall be at
the Indemnitee’s expense, unless: (i) the employment of counsel by the Indemnitee has been authorized in writing by the Company; (ii) an actual conflict of interest arises between the Company and the Indemnitee in the conduct of such defense or
representation by such counsel retained by the Company and the Company has not appointed new counsel who does not have a conflict of interest; (iii) such Proceeding seeks penalties or other relief against the Indemnitee with respect to which the
Indemnitor could not provide monetary indemnification to the Indemnitee (such as injunctive relief or incarceration); or (iv) the Company does not continue to retain counsel and the Company has not appointed new counsel reasonably satisfactory to
the Indemnitee to assume the defense of such Proceeding, in which cases the reasonable fees and expenses of counsel shall be at the expense of the Company. 

 

 
  
  

	5.4	The Company shall have no obligation to indemnify the Indemnitee under this Agreement for any amounts paid or expenses incurred in connection with a settlement of any Proceeding effected without the Company’s prior
written consent, which consent shall not be unreasonably withheld or delayed. 

  

	5.5	The Company shall not, without the prior written consent of the Indemnitee, consent to the entry of any judgment or award against the Indemnitee or enter into any settlement or compromise which (i) contains any
non-monetary remedy imposed on the Indemnitee or a Liability for which the Indemnitee is not wholly indemnified under this Agreement or (ii) with respect to any Proceeding with respect to which the Indemnitee is made a party or a participant or is
otherwise entitled to seek indemnification hereunder, does not include a full and unconditional release of the Indemnitee from all liability in respect of such Proceeding. Neither the Company nor the Indemnitee will unreasonably withhold its consent
to any proposed settlement. 

  

	5.6	The Indemnitee shall fully cooperate with the Company and its counsel and shall give the Company and its counsel, at the Company’s expense, all information and access to documents and files, and to the
Indemnitee’s advisors and representatives, to the extent within the Indemnitee’s power, in each case as may be reasonably requested by the Company or its counsel with respect to any Proceeding that was (or should have been) notified to the
Company in accordance with Clause 5.1. 

  

	6	LIABILITY INSURANCE 

  

	6.1	The Company will use its reasonable endeavours to obtain and maintain. a policy or policies providing liability insurance on behalf of the Indemnitee with coverage up to such amount as will be determined by the
Management Board for any Liabilities incurred by the Indemnitee and any expense reasonably paid or incurred by the Indemnitee in connection with any Proceeding, to the extent such Liabilities and Expenses relate to his position as a Managing
Director, Supervisory Director or Officer. 

  

	6.2	 The Company undertakes to give prompt written notice of the commencement of any claim hereunder to its insurers
in accordance with the procedures set forth in each of the policies providing liability insurance to the Indemnitee to the extent that, in the reasonable determination of the Company, insurance coverage is available in respect of such claim. Upon
written request by the Indemnitee, the Company shall provide the Indemnitee with a copy of such notice. The Company shall thereafter diligently take all actions reasonably necessary under the circumstances to cause such insurers to pay, on behalf of
the Indemnitee, all amounts payable as a result of such Proceeding in accordance with the 

 

 
  

	 	terms of such policies. This Clause 6.2 shall not affect the Company’s authority to freely negotiate or reach any compromise with the insurer that is reasonable in the Company’s sole discretion, provided that
the Company shall act in good faith and in a diligent manner. 

  

	6.3	The Indemnitee will cooperate in all ways with the Company and its counsel and, if required by the Company, with the insurers issuing the Company’s Managing Directors, Supervisory Directors’ and Officers’
or other relevant liability insurance, to the extent the Company deems such cooperation reasonably necessary. 

  

	7	NON-EXCLUSIVITY 

 The rights and remedies of the Indemnitee hereunder shall not be deemed
exclusive of any other rights or remedies the Indemnitee may at any time have under applicable law, any agreement other than this Agreement, any insurance policy or otherwise and every other right and remedy shall be cumulative and in addition to
every other right and remedy given hereunder or now or hereafter existing at law or in equity or otherwise. The exercise of any right or remedy hereunder, or otherwise, shall not prevent the concurrent exercise of any other right or remedy. 

 

	8	SUBROGATION 

  

	8.1	In the event of any payment by the Company under this Agreement, the Company will be subrogated to the extent of such payment to all of the rights of recovery of the Indemnitee with respect thereto, including rights
under any policy of insurance or other indemnity agreement or obligation, and the Indemnitee will execute all papers required and take all action necessary to secure such rights, including execution of such documents as are necessary to enable the
Company to enforce such rights inside or outside of court. 

  

	8.2	To the extent the subrogation referred to in Clause 8.1 is not possible for whatever reason, the Indemnitee shall, at the request and expense of the Company, take all reasonable steps to enforce such right of recovery
in his own name (credit being given to the Company for any sum recovered by Indemnitee by reason of such right of recovery) or assign the right of recovery to the Company. 

 

 
  
  

	9	PARTIAL INDEMNIFICATION 

 If the Indemnitee is entitled under any provision of this
Agreement to indemnification by the Company for some or a portion of the Liabilities or Expenses incurred by him in the investigation, defence, appeal or settlement of any Proceeding but not, however, for the total amount thereof, the Company shall
nevertheless indemnify the Indemnitee for the portion of such Liabilities or expenses to which the Indemnitee is entitled. Moreover, notwithstanding any other provision of this Agreement, to the extent that the Indemnitee has been successful on the
merits or otherwise in defense of any or all claims, issues or matters relating in whole or in part to an indemnifiable event, occurrence or matter hereunder, including dismissal without prejudice, the Indemnitee shall be indemnified against all
Expenses actually and reasonably incurred in connection with such specific defences on which Indemnitee prevailed. 
  

	10	NO DUPLICATIVE PAYMENTS 

  

	10.1	The Company shall not be required under this Agreement to make any payment of amounts otherwise indemnifiable hereunder, if and to the extent that the Indemnitee has otherwise actually received such payment under any
insurance policy, contract, agreement or otherwise. 

  

	10.2	If and to the extent the Indemnitee receives a payment under any insurance policy, contract, agreement (other than this Agreement) or otherwise after the Company has indemnified the Indemnitee for a Liability or
expense, the Indemnitee shall reimburse to the Company the amounts received from the Company under this Agreement in connection with such Liability or expense promptly upon receipt of such payment by the Indemnitee. 

 

	11	DURATION OF AGREEMENT 

 This Agreement shall remain in effect until and terminate upon
the latest of (a) the statute of limitations applicable to any claim that could be asserted against the Indemnitee with respect to which the Indemnitee is entitled to indemnification under this Agreement, (b) ten years after the date that the
Indemnitee has ceased to serve as a Managing Director, Supervisory Director or Officer or (c) if, at the later of the dates referred to in (a) and (b) above, there is a pending Proceeding in respect of which the Indemnitee is granted rights of
indemnification hereunder or there is a pending Proceeding in connection with this Agreement, one year after the final termination of such Proceeding (including any and all appeals). 

 

 
  
  

	12	MISCELLANEOUS PROVISIONS 

  

	12.1	Entire Agreement 

 This Agreement contains the entire agreement between the Parties
relating to the subject matter covered hereby and supersedes any previous oral or written agreements, arrangements and understandings between the Parties, provided however that it is agreed that the provisions contained in this Agreement are
a supplement to, and not a substitute for, any provisions regarding the same subject matter contained in the Company’s articles of association as they may read from time to time and any employment or similar agreement between the Parties. 

 

	12.2	Invalid provisions 

 In the event that a provision of this Agreement is null and void or
unenforceable (either in whole or in part), the remainder of this Agreement shall continue to be effective to the extent that, given this Agreement’s substance and purpose, such remainder is not inextricably related to the null and void or
unenforceable provision. The Parties shall make every effort to reach agreement on a new provision which differs as little as possible from the null and void or unenforceable provision, taking into account the substance and purpose of this
Agreement. 
  

	12.3	Amendment 

 No amendment to this Agreement shall have any force or effect unless and
until it is in writing and signed by the Parties. 
  

	12.4	No implied waiver; no forfeit of rights 

  

	12.4.1	Any waiver under this Agreement must be given by written notice to that effect. 

 

 
  
  

	12.4.2	Where a Party does not exercise any right under this Agreement (which shall include the granting by a Party to any other Party of an extension of time in which to perform its obligations under any provision hereof),
this shall not be deemed to constitute a forfeit of any such rights (rechtsverwerking). The rights of each Party under this Agreement may be exercised as often as necessary and are cumulative and not exclusive of rights and remedies provided
by law. 

  

	12.5	Third party stipulations 

 This Agreement does not grant any rights to any third party
(derdenbedingen), including for the avoidance of doubt any insurer. 
  

	12.6	Notice 

  

	12.6.1	Any notice or other communication under or in connection with this Agreement shall be in writing and delivered by hand or sent by registered mail or sent as an email to the relevant email address set out in Clause
12.6.2. Delivery by courier shall be regarded as delivery by hand. 

  

	12.6.2	Notices under this Agreement shall be sent to the addresses of the Parties as specified below: 

if to the Company: 
  

			
	 [travel B.V.][trivago N.V.]
	  	
	 Attn:
	  	 Management Board

	Email address:	  	robin.harries@trivago.com
	Address	  	 Bennigsen Platz 1, 40474 Düsseldorf,

Germany

 With copy to: 

NautaDutilh N.V. 

			
	 Attn:
	  	 P.C.S. van der Bijl

	 Email address:
	  	 paul.vanderbijl@nautadutilh.com

	Address:	  	Beethovenstraat 400, 1082 Amsterdam
		  	the Netherlands

 if to Indemnitee: 

 

 
  

			
	 Attn:
	  	 [...]

	Email address:	  	[...]
	Address:	  	[...]

 or such other address as the Party to be given notice may have notified to the other Party from time to time
in accordance with this Clause for that purpose. 
  

	12.6.3	A notice shall be effective, in the absence of earlier receipt: 

  

	 	a.	if delivered by hand to the relevant address referred to in Clause 12.6.2, at the time of delivery; 

  

	 	b.	if sent by registered mail to the relevant address referred to in Clause 12.6.2 and that address is in the same country as the sender, at the expiration of two (2) Business Days after the time of posting;

  

	 	c.	if sent by registered mail to the relevant address referred to in Clause 12.6.2 and that address is not in the same country as the sender, at the expiration of seven (7) Business Days after the time of posting;

  

	 	d.	if sent by email to the relevant email address referred to in Clause 12.6.2, one Business Day after the time of transmission; 

 

	12.6.4	If a notice or communication would otherwise be deemed to have been delivered outside normal business hours (being 9:00 a.m. to 5:00 p.m. on a Business Day) in the time zone of the territory of the recipient under the
preceding provisions of this Clause 12.6, it shall be deemed to have been delivered at the next opening of such normal business hours in the territory of the recipient. 

 

	12.6.5	In proving service of the notice or communication, it shall be sufficient to show that delivery by hand was made or that the envelope containing the notice or communication was properly addressed and posted as
registered mail or that the email was recorded in the IT system of the sender as having been sent and that the sender did not receive within twelve hours of sending the email an error message indicating failure to deliver. For the avoidance of
doubt, a notification that the recipient of an email is out of the office, or no longer working at an organisation, shall not constitute an error message indicating failure to deliver. 

 

	12.6.6	The provisions of this Clause 12.6 shall not apply in relation to the service of documents for the purpose of litigation. 

 

 
  
  

	12.7	Counterparts 

 This Agreement may be executed in two or more counterparts (including by
facsimile signature), each of which shall be deemed an original, but all of which together shall constitute one and the same Agreement. 
  

	12.8	Assignment; successors 

  

	12.8.1	No Party may assign this Agreement (contractsoverneming) or assign any of its rights hereunder without the prior written consent of the other Party. 

 

	12.8.2	This Agreement shall be binding upon the Company and its successors and shall inure to the benefit of the Indemnitee and the Indemnitee’s heirs, executors and administrators. The Company shall require and cause any
of its successors (whether direct or indirect by merger, demerger or otherwise) in respect of this Agreement, to confirm that it has assumed the Company’s rights and obligations under this Agreement and that it agrees to perform this Agreement
in the same manner and to the same extent that the Company would be required to perform if no such succession had taken place. 

  

	12.9	Choice of law 

 This Agreement shall be exclusively governed by and construed in
accordance with the laws of the Netherlands. 
  

	12.10	Disputes 

 Any dispute arising under or in connection with this Agreement shall be
subject to the exclusive jurisdiction of the competent courts of the Netherlands, subject to the right of appeal and cassation (cassatie). 

(remainder of page left intentionally blank) 

 

 
  
 This Agreement has been entered into on the date
first written above. 
  

					
	the Company
	  
  

	 By
	 	 :
	 	
	 Title
	 	 :
	 	 managing director

	
	the Indemnitee
	  
  

	 By
	 	 :EX-10.2

 EXHIBIT 10.2 

trivago GmbH  
 Bennigsen-Platz 1 

40474 Düsseldorf 
 Germany 

For the attention of: Paulette Wong, Senior Manager, Treasury Operations 

DATE: September 5th 2014 

Dear Sirs, 
 We, Bank of America Merrill Lynch International
Limited (the “Lender”), are pleased to advise the addressee of this letter (the “Borrower”) that we are prepared to offer to the Borrower an uncommitted facility (the “Facility”) under which we will
consider, upon the request of the Borrower from time to time, making available such amounts as we may, for the time being, determine in our sole discretion; such amounts not exceeding in aggregate €10,000,000 (ten million euro) outstanding at
any one time. Please note that the reference in the preceding sentence to a maximum amount shall not be taken as a commitment on the part of the Lender that it will agree (or not agree) to make any Utilisation (as defined below) or to extend
any credit whether in an amount less than or greater than €10,000,000. We may, without prejudicing any of our rights, at any time with or without notice, terminate the Facility pursuant to paragraph 1.2 of this letter or amend any of the
following terms and conditions of the Facility pursuant to paragraph 6.15 of this letter. 
 For the purposes of this letter: 

“Affiliate” means, in relation to any person, a subsidiary of that person or a holding company of that person or any other subsidiary of that
holding company. 
 “Business Day” means a day on which banks are open for business in London. 

“euro” or “€” means the single currency of the Participating Member States. 

“Participating Member State” means any member state of the European Union that has the euro as its lawful currency in accordance with
legislation of the European Union relating to Economic and Monetary Union. 
 “Utilisation Request” means a notice substantially in the
form set out in the Schedule. 
  

	1	FACILITY 

  

	1.1	Utilisation 

 Subject to the terms of this letter, the Facility may be utilised in the
manner and at any one time specified as follows (each a “Utilisation”) by way of revolving advances in amounts agreed to by the Lender (each an “Advance”). 

 

	1.2	Availability 

 The availability of the Facility is at the Lender’s absolute
discretion and the Facility may be terminated at any time by the Lender, with or without prior notice to the Borrower. 
  

	1.3	Conditions precedent to Utilisation  

 Prior to the Borrower requesting that the
Lender makes a Utilisation: 

	 	(a)	in respect of the initial Utilisation, the Lender must first confirm that it has received all of the documents and other evidence listed in paragraph 7 in form and substance reasonably satisfactory to the Lender (the
Lender will notify the Borrower promptly upon being so satisfied); and 

  

	 	(b)	in relation to any subsequent Utilisation, the Borrower must first confirm that, on the date on which the Utilisation is requested and on the date on which the Utilisation is requested to be made, all the
representations and warranties in paragraph 4 of this letter are true and correct in all material respects. 

  

	1.4	Utilisation request  

  

	 	(a)	Subject to paragraphs 1.4(b) and 1.4(c) below, the Borrower may utilise the Facility by way of an Advance by delivery to the Lender of a duly completed Utilisation Request (in form and substance satisfactory to the
Lender) not later than 10.00am London time two Business Days prior to the date of proposed drawdown of the relevant Advance. Such utilisation request must identify (i) the proposed date of drawdown of the proposed Advance; (ii) the amount of the
proposed Advance; and (iii) the proposed term and interest period of the proposed Advance (for the avoidance of doubt, such term and interest period shall comply with paragraphs 1.5 and 2 below). 

 

	 	(b)	In respect of a proposed Advance, the amount of the proposed Advance must be not less than €1,000,000. 

  

	 	(c)	The Borrower may only request an Advance in euro. 

  

	1.5	Term and repayment 

  

	 	(a)	Each Advance shall be made for a term of 1, 2, 3 or 6 months or such other period as the Borrower and Lender may agree to (in respect of an Advance, such period is the “Relevant Term”). Subject to
paragraph 1.5(e) below, the Borrower shall repay each Advance on the last date of the Relevant Term in respect of that Advance. 

  

	 	(b)	Notwithstanding any other provision of this letter, the Borrower undertakes that: 

  

	 	(i)	within three Business Days of demand by the Lender (such demand may be delivered at any time by the Lender to the Borrower) or unilateral termination of this letter by the Lender; or 

 

	 	(ii)	immediately following termination of the Facility in accordance with the terms of this letter, 

the Borrower will: 
  

	 	(A)	repay to the Lender all outstanding Advances under the Facility together with all accrued and unpaid interest and any other sums for which the Borrower is liable hereunder and in respect of which remain unpaid; and

  

	 	(B)	reimburse to the Lender on demand all losses, costs and expenses incurred by the Lender in liquidating and/or re-employing deposits from third parties acquired to make or maintain any Advances or any part thereof.

  

	 	(c)	The Borrower shall repay with respect to each Utilisation, and all amounts that are payable by the Borrower to the Lender in connection with such Utilisation, in the same currency in which that Utilisation was made.

  

	 	(d)	Notwithstanding anything to the contrary in this letter, if the Lender agrees to make a new Advance on the same day as an existing Advance is to be repaid (such existing Advance, the “Existing Advance”)
by the Borrower, the Borrower hereby irrevocably instructs the Lender to apply (to the extent necessary) the proceeds of such new Advance in or towards making repayment of the Existing Advance (but without prejudice to the Borrower’s obligation
to repay the maturing Advance prior to any such application). 

	 	(e)	In the event that the Borrower does not pay any amount due hereunder on the due date for payment of such sum, interest shall accrue on that sum from the date of non-payment until the date on which the Lender has
received full and final payment of that sum (both before and after judgment) at the rate which is equal to 1.50 per cent. per annum higher than the rate which would have been payable if the overdue amount had, during the period of non-payment,
constituted an Advance and will be immediately due and payable on demand from the Lender and, to the extent not paid, shall be compounded to the overdue amount (but will remain immediately due and payable) and itself attract interest at the
aforesaid rate. 

  

	 	(f)	Notwithstanding anything to the contrary in this letter, the Borrower shall have the right at any time and from time to time to prepay any Advance in whole or in part, without any premium or penalty, upon written notice
delivered to the Lender not later than 10.00am London time three Business Days prior to the date of prepayment. 

  

	2	INTEREST AND OTHER CHARGES 

  

	2.1	Advances 

  

	 	(a)	The Borrower will pay interest on each Advance and, subject to paragraph 2.1(d) below, such interest will be payable on the last day of the relevant interest period and will be paid in the same currency in which the
relevant Advance was made. 

  

	 	(b)	Where the Relevant Term of an Advance is 3 months or less, the interest period for that Advance will be the same as Relevant Term for that Advance. Where the Relevant Term of an Advance is more than 3 months, the
interest period for that Advance shall be in multiples of 3 months. An interest period for an Advance shall start on the date of drawdown of that Advance. 

  

	 	(c)	Notwithstanding anything to the contrary, if the Relevant Term for an Advance is for a period greater than 3 months, accrued interest on that Advance shall be paid on the date falling 3 months after the date that that
Advance was made and then on each date falling 3 months thereafter. 

  

	 	(d)	Interest will accrue and be calculated in respect of each Advance on the basis of the number of days elapsed from and including the date of Advance to but excluding the date of repayment under a 360 day year at a rate
per annum equal to: 

  

	 	(i)	1.00 per cent (the “Margin”); plus  

  

	 	(ii)	LIBOR (as determined by the Lender in good faith by reference to the ICE Benchmark Administration Interest Settlement Rates (or the successor thereto if the ICE Benchmark Administration is no longer making such rates
available) for deposits in euros (as set forth by any service selected by the Lender that has been nominated by the ICE Benchmark Administration (or its successor) as an authorized information vendor for the purposes of displaying such rates) for a
period equal to the term of the applicable Advance) at 11 a.m. London time on such day as would generally be treated as the rate fixing day in the London interbank market and if any such date is below zero, LIBOR will be deemed to be zero.

  

	2.2	Market Disruption 

 If the Lender determines, in its absolute discretion, that adequate
or fair means do not exist for ascertaining LIBOR for the relevant currency and interest period, or the Lender determines that matching deposits are not available to the Lender in the interbank market in the ordinary course of business to fund
Advances, or the Lender determines that the cost to it of matching deposits in the interbank market would be in excess of LIBOR, then a market disruption event shall occur. Without impairing the discretionary nature of this uncommitted Facility, if
a market disruption event occurs in relation to an Advance for an interest period, the Lender may determine that the rate of interest on that Advance for the interest period shall be the rate per annum which is the sum of: 

	 	(a)	the Margin, plus 

  

	 	(b)	the rate expressed as a percentage rate per annum, of the cost to the Lender of funding that Advance from whatever source the Lender may select in its absolute discretion.  

 

	3	SUPPORT 

  

	3.1	Guarantee 

 The Borrower’s obligations hereunder are to be unconditionally
guaranteed at all times by Expedia, Inc. (the “Guarantor”) under a guarantee (the “Guarantee”) in form and content satisfactory to the Lender. 

 

	4	REPRESENTATIONS 

 The Borrower makes the following representations and warranties to the
Lender. 
  

	4.1	Status 

  

	 	(a)	It is a limited liability company, duly incorporated and validly existing under the law of Germany. 

  

	 	(b)	It has the power to own its assets and carry on its business as it is being conducted. 

  

	4.2	Binding obligations 

 Subject to Legal Reservations, the obligations expressed to be
assumed by it in this letter are legal, valid, binding and enforceable obligations. 
 “Legal Reservations” means: 

 

	 	a.	the principle that equitable remedies may be granted or refused at the discretion of a court and the limitation of enforcement by laws relating to bankruptcy, insolvency, reorganisation, moratorium and other laws
generally affecting the rights of creditors and by general equitable principles (whether enforcement is sought by proceedings in equity or at law); 

  

	 	b.	the time barring of claims under the Limitation Acts, the possibility that an undertaking to assume liability for or indemnify a person against non-payment of UK stamp duty may be void and defences of set-off or
counterclaim; and 

  

	 	c.	similar principles, rights and defences under the laws of the jurisdiction of incorporation of the Borrower or Guarantor. 

  

	4.3	Non-conflict with other obligations 

 The entry into and performance by it of, and the
transactions contemplated by, this letter do not and will not conflict with: 
  

	 	(a)	any law or regulation applicable to it; 

  

	 	(b)	its constitutional documents; or 

  

	 	(c)	any agreement or instrument binding upon it or any of its assets or constitute a default or termination event (however described) under any such agreement or instrument, 

in each case except as would not reasonably be expected to have a material adverse effect on the Borrower’s financial condition or
operations. 

	4.4	Power and authority 

  

	 	(a)	It has the power to enter into, perform and deliver, and has taken all necessary action to authorise its entry into, performance and delivery of, this letter and the transactions contemplated by this letter.

  

	 	(b)	No limit on its powers will be exceeded as a result of the borrowing or giving of indemnities contemplated by this letter. 

  

	4.5	Validity and admissibility in evidence 

  

	 	(a)	All authorisations, consents, approvals, resolutions, licence, exemptions, filings, notarisations and registrations (“Authorisations”) required or desirable: 

 

	 	(i)	to enable it lawfully to enter into, exercise its rights and comply with its obligations in this letter; and 

  

	 	(ii)	to make this letter admissible in evidence in England and Wales, 

 have been obtained or
effected and are in full force and effect, except as would not reasonably be expected to have a material adverse effect on the Borrower’s financial condition or operations. 

 

	 	(b)	All Authorisations necessary for the conduct of the business, trade and ordinary activities of the Borrower have been obtained or effected and are in full force and effect, except as would not reasonably be expected to
have a material adverse effect on the Borrower’s financial condition or operations. 

  

	4.6	Governing law and enforcement 

 The choice of English law as the governing law of this
letter will be recognised and enforced in Germany. 
  

	4.7	Economic sanctions 

  

	 	(a)	Neither the Borrower nor any of its subsidiaries or, to the knowledge of the Borrower, any of their respective directors, officers, employees or agents (in the case of agents only, solely with respect
to agents that will act in any capacity in connection with or benefit from the credit facility established hereby) is an individual or entity dealings with which are currently the subject of Sanctions. 

 

	 	(b)	No Advance or use of any part of the proceeds of any Advance will be used for the purpose of financing activities or business of or with any person or in any country or territory that,
at the time of such financing, is the subject of any Sanctions, or in any other manner that will result in a violation by any party hereto of applicable Sanctions. 

 

	 	(c)	“Sanctions” means economic or financial sanctions or trade embargoes imposed, administered or enforced from time to time by (a) the United States government, including those administered by the Office of
Foreign Assets Control of the U.S. Department of the Treasury or the U.S. Department of State or (b) the European Union, or Her Majesty’s Treasury of the United Kingdom. 

 

	4.8	Times when representations are made 

  

	 	(a)	All the representations and warranties in this paragraph 4 are made by the Borrower on the date of this letter, on each date that an Advance is requested and is made and on the last date of each Relevant Term.

  

	 	(b)	Each representation or warranty deemed to be made after the date of this letter shall be deemed to be made by reference to the facts and circumstances existing at the date the representation or warranty is deemed to be
made. 

	5	UNDERTAKINGS 

  

	5.1	Pari passu undertaking 

 The Borrower shall ensure that, unless otherwise agreed to in
writing by the Lender, at all times any unsecured and unsubordinated claims of the Lender against the Borrower under this letter rank at least pari passu with the claims of all its other unsecured and unsubordinated creditors except those creditors
whose claims are mandatorily preferred by laws of general application to companies. 
  

	5.2	Information undertakings 

 The Borrower undertakes that it will: 

 

	 	(a)	provide the Lender with the Guarantor’s audited annual consolidated financial statements within 180 days of the Guarantor’s financial year end (it being understood that the filing with the Securities and
Exchange Commission or any successor thereto of annual reports on Form 10-K of the Guarantor and its consolidated subsidiaries shall satisfy the requirements of this Section 5.2(a) to the extent such annual reports include the information specified
herein); 

  

	 	(b)	notify the Lender of any default (and the steps, if any, being taken to remedy it) under the terms of this letter promptly upon becoming aware of its occurrence; and 

 

	 	(c)	provide the Lender promptly with any other information which the Lender may reasonably request. 

  

	6	MISCELLANEOUS 

  

	6.1	No withholding 

  

	 	(a)	All payments hereunder are to be made in immediately available funds to such accounts as we may from time to time select, free and clear of and without any withholding or deduction whatsoever, whether in respect of
present or future taxes, duties or other charges, except to the extent required by law. 

  

	 	(b)	If the Borrower is compelled or required by law to make any such withholding or deduction the Borrower shall be entitled to make such withholding or deduction and undertakes (i) to notify the Lender as soon as
practicable, (ii) to the extent the amounts so withheld or deducted is an Indemnified Tax, to pay to the Lender such additional amounts as are necessary for the Lender to receive the amount which would have been payable if no such withholding or
deduction had been required, (iii) to pay the amount so deducted or withheld to the relevant taxing authority when due in accordance with applicable law and (iv) to provide the Lender with evidence that such taxes, duties or charges have been paid
by forwarding to us official receipts within 30 days of the relevant payment. 

  

	 	(c)	Any Lender that is entitled to an exemption from or reduction of withholding tax with respect to payments made under this letter shall deliver to the Borrower, at the time or times and in the manner prescribed by
applicable law and at such other time or times reasonably requested by the Borrower, such properly completed and executed documentation as will permit such payments to be made without withholding or at a reduced rate of withholding.

  

	 	(d)	“Excluded Taxes” means any of the following taxes imposed on or with respect to the Lender or required to be withheld or deducted from a payment to the Lender, (a) taxes imposed on or measured by net
income (however denominated), franchise and similar taxes, and branch profits and similar taxes, in each case imposed as a result of the Lender being organized under the laws of, having its principal office in, or having its applicable lending
office located in, the jurisdiction imposing such tax (or any political subdivision thereof), or imposed as a result of a present or former connection between the Lender and the jurisdiction imposing such tax, (b) withholding taxes imposed on
amounts payable to or for the account of the Lender pursuant to a law in effect on the date on which the Lender becomes a Lender, acquires an interest in the Advance or changes its lending office or (c) taxes attributable to the Lender’s
failure to comply with Section 6.1(c). 

	 	(e)	“Indemnified Taxes” means any taxes, other than Excluded Taxes, imposed on or with respect to any payment made by the Borrower or the Guarantor under this letter. 

 

	6.2	Place of payment 

 Payment shall be made to such account in the principal financial
centre of the country of that currency (or, in relation to euro, in London) with such bank as the Lender specifies. 
  

	6.3	Enforcement Costs 

 The Borrower undertakes within three Business Days of demand to pay
the Lender the amount of all costs and expenses (including reasonable legal fees) incurred and paid by us in connection with the enforcement of, or the preservation of any rights under this Facility. 

 

	6.4	Increased costs 

 Subject to paragraph 6.5 (Exceptions), the Borrower undertakes to pay
or reimburse to the Lender, promptly following demand by the Lender, any Increased Cost incurred by the Lender or the holding company of any Lender (each, an “Affected Party”) as a result of: 

 

	 	(a)	the introduction of or any change in (or in the interpretation or application of) any law or regulation after the date of this letter (provided that, for purposes of this letter, all requests, rules, guidelines or
directives promulgated by the Bank for International Settlements, the Basel Committee on Banking Supervision (or any successor or similar authority) or the United States or foreign regulatory authorities, in each case pursuant to Basel III, shall be
deemed to have been adopted and become effective after the date of this letter); or 

  

	 	(b)	compliance with any law or regulation made after the date of this letter. 

 In this letter: 

 

	 	(i)	“Increased Costs” means (A) a reduction in the rate of return from the Facility or on the Affected Party’s overall capital to a level below that which the Affected Party could have
achieved but for such event (taking into consideration such Affected Party’s policies with respect to capital adequacy and liquidity); (B) an additional or increased cost of making or maintaining any Advance; or (C) a reduction of any
amount due and payable under this letter, in each case which is incurred or suffered by an Affected Party to the extent that it is attributable to that Affected Party having entered into the Facility under this letter or funding or performing
its obligations under this letter. 

  

	 	(ii)	“Basel III” means: 

  

	 	(A)	the agreements on capital requirements, a leverage ratio and liquidity standards contained in “Basel III: A global regulatory framework for more resilient banks and banking systems”, “Basel III:
International framework for liquidity risk measurement, standards and monitoring” and “Guidance for national authorities operating the countercyclical capital buffer” published by the Basel Committee on Banking Supervision in December
2010, each as amended, supplemented or restated; 

  

	 	(B)	any further guidance or standards published by the Basel Committee on Banking Supervision relating to “Basel III”.” 

	6.5	Exceptions 

 Paragraph 6.4 (Increased costs) does not apply to the extent any Increased
Cost is: 
  

	 	(a)	attributable to the wilful breach by the Affected Party of any law or regulation; or 

  

	 	(b)	attributable to the implementation or application of or compliance with the “International Convergence of Capital Measurement and Capital Standards, a Revised Framework” published by the Basel Committee on
Banking Supervision in June 2004 in the form existing on the date of this letter (but excluding any amendment arising out of Basel III) (“Basel II”) or any other law or regulation which implements Basel II (whether such
implementation, application or compliance is by a government, regulator or the Affected Party). 

  

	6.6	General indemnity 

 The Borrower shall, within three Business Days of demand, indemnify
the Lender against any reasonable and documented cost, loss or liability incurred and paid by it as a result of the occurrence of any default by the Borrower under the terms of this letter or breach of any of the terms of this letter by the Borrower
or funding, or making arrangements to fund, a Utilisation but which Utilisation is not made by reason of the operation of any one or more of the provisions of this letter (other than by reason of material default, gross negligence or wilful
misconduct by the Lender, verified by a final, unqualifiable judgment of an English court). 
  

	6.7	Currency indemnity 

  

	 	(a)	If any sum due from the Borrower under this letter (a “Sum”), or any order, judgment or award given or made in relation to a Sum, has to be converted from the currency (the “First
Currency”) in which that Sum is payable into another currency (the “Second Currency”) for the purpose of: 

  

	 	(i)	making or filing a claim or proof against the Borrower; or 

  

	 	(ii)	obtaining or enforcing an order, judgment or award in relation to any litigation or arbitration proceedings, 

the Borrower shall as an independent obligation, within three Business Days of demand, indemnify the Lender against any cost, loss or liability
arising out of or as a result of the conversion including any discrepancy between (A) the rate of exchange used to convert that Sum from the First Currency into the Second Currency and (B) the rate or rates of exchange available to that person at
the time of its receipt of that Sum. 
  

	 	(b)	The Borrower waives any right it may have in any jurisdiction to pay any amount under this letter in a currency or currency unit other than that in which it is expressed to be payable. 

 

	6.8	Consolidation of accounts 

 The Borrower agrees that in addition to any right of set-off
or other general lien or similar right to which the Lender may be entitled at law, the Lender may at any time, and without further notice to the Borrower, combine and consolidate all or any of the accounts with the Lender or an Affiliate in the
Borrower’s name, or to which it is beneficially entitled, at any of the Lender’s or its Affiliates’ branches and in any currency and the Lender may set-off any money whatsoever whether on current or deposit account, which the Lender
or an Affiliate may at any time hold for the Borrower’s account or which may be owing to it against any of the Borrower’s liabilities to the Lender whatsoever whether actual or contingent, joint or several, as principal or surety
wheresoever owed or held and the Borrower hereby irrevocably authorises the Lender or its Affiliate to debit to any account or accounts which the Borrower may have with the Lender or its Affiliates all or any amounts due to the Lender in connection
with this Facility. Any currency conversions required for the purposes of this paragraph 6.8 shall be effected at the Lender or its Affiliate’s spot rate of exchange at 11.00 a.m. London time on the day of conversion. 

	6.9	Partial validity 

 If, at any time, any provision of this letter is or becomes illegal,
invalid or unenforceable in any respect under any law of any jurisdiction, neither the legality, validity or enforceability of the remaining provisions nor the legality, validity or enforceability of such provision under the law of any other
jurisdiction will in any way be affected or impaired. 
  

	6.10	Remedies and waivers 

 No failure to exercise, nor any delay in exercising, on the part
of the Lender, any right or remedy under this letter shall operate as a waiver, nor shall any single or partial exercise of any right or remedy prevent any further or other exercise or the exercise of any other right or remedy. The rights and
remedies provided in this letter are cumulative and not exclusive of any rights or remedies provided by law. 
  

	6.11	Governing law and enforcement 

  

	 	(a)	This letter is governed by English law. 

  

	 	(b)	To the extent permitted by the laws of jurisdiction of the relevant party to this letter, any non-contractual obligations arising out of or in connection with this letter are governed by English law. 

 

	 	(c)	The courts of England have exclusive jurisdiction to settle any dispute arising out of or in connection with this letter (a “Dispute”). This paragraph is for the benefit of the Lender only. As a result,
the Lender shall not be prevented from taking proceedings relating to a Dispute in any other courts with jurisdiction. To the extent permitted by law, the Lender may take concurrent proceedings in any number of jurisdictions. 

 

	6.12	Service of Process 

 Without prejudice to any other mode of service allowed under any
relevant law, each of the Borrower and Guarantor irrevocably appoints Expedia.com Limited, with an address of Angel Building, 407 St. John Street, London EC1V 4EX, as its agent for service of process in relation to any proceedings before the courts
of England in connection with this letter and the Guarantee as applicable (and Expedia.com Limited, by its execution of this letter, accepts that appointment) and agrees that failure by an agent for service of process to notify the Borrower or
Guarantor as the case may be of the process will not invalidate the proceedings concerned. The Lender (or any person acting on its behalf) shall use its reasonable endeavours to provide a copy of any process served on an agent by post to the
Borrower or the Guarantor, as applicable. Failure or delay in so doing shall not prejudice the effectiveness of service of such process. 
  

	6.13	Changes to parties 

  

	 	(a)	The Lender may at any time assign and/or transfer and/or novate and/or grant participations and/or enter into any other contractual relations whatsoever in or in relation to all or any part of the Lender’s rights
and benefits in or under the Facility granted pursuant to this letter or any one or more Utilisations thereof. Any assignment or transfer by the Lender will require the consent of the Borrower unless the assignment of transfer is to an affiliate of
the Lender. The consent of the Borrower to any assignment or transfer must not be unreasonably withheld or delayed. The Borrower will be deemed to have given its consent 5 Business Days after the Lender has requested it unless consent is expressly
refused by the Borrower in that time. 

  

	 	(b)	The Borrower may not assign any of its rights or transfer any of its rights or obligations under this letter. 

	6.14	Confidentiality 

 The Lender is hereby authorised to disclose the contents of this
letter, any notices or other documents delivered in connection with this letter, any information regarding the Borrower or which is publicly available: 
  

	 	(a)	to any transferee, novating party, assignee or participant (whether actual or potential), any Affiliate or any person with whom the Lender may otherwise consider entering into contractual relations in relation to this
Facility or any one or more Utilisations thereof, provided such person agrees to keep the information confidential. 

  

	 	(b)	in connection with any court proceedings; 

  

	 	(c)	to the Lender’s, or any Affiliate’s, officers, directors, employees, auditors and professional advisers (it being understood that all such persons to whom such disclosure is made will be informed of the
confidential nature of such information and instructed to keep such information confidential); and 

  

	 	(d)	any information whatsoever in relation to the Borrower or the aforesaid documents and notices if required to do so by any law or regulation or by any request or the requirement (whether or not having the force of law)
of any central bank, governmental, monetary, regulatory or other authority. 

  

	6.15	Counterparts and Amendments 

 This letter may be signed in any number of counterparts,
all of which, when taken together, shall constitute one and the same document. This letter may be amended only by written notice to the Borrower signed by the Lender. 
  

	6.16	Notices 

  

	 	(a)	Any notice or communication under or in connection with this letter shall be in writing and shall be delivered personally or by post or fax to the address shown above or at such other address as the recipient may have
notified to the Lender in writing. Proof of posting or despatch of any notice or communication to the Borrower shall be deemed to be proof of receipt: 

  

	 	(i)	in the case of a letter on the third Business Day after posting; 

  

	 	(ii)	in the case of fax on the Business Day immediately following the date of despatch. 

  

	 	(b)	Any notice given under or in connection with this letter must be in English. 

  

	 	(c)	All other documents provided under or in connection with this letter must be: 

  

	 	(i)	in English; or 

  

	 	(ii)	if not in English, and if so required by the Lender, accompanied by an English translation and, in this case, the English translation will prevail unless the document is a constitutional, statutory or other official
document. 

  

	 	(d)	Any communication to be made between the Borrower and the Lender under or in connection with the letter may be made by electronic mail or other electronic means 

 

	 	(e)	Any electronic communication made between the Borrower and the Lender will be effective only when actually received in readable form. 

 

	6.17	Third parties 

 A person who is not a party to this letter has no right under the
Contracts (Rights of Third Parties) Act 1999 or otherwise to enforce or to enjoy the benefit of any term of this letter agreement. 

	6.18	Prior agreements 

 This letter supersedes any prior agreements and understandings between
the parties hereto with respect to the subject matter of this letter and is the complete agreement of each of the parties hereto with respect to the subject matter of this letter. 

 

	6.19	Delegates  

 The Lender may delegate by notice to the Borrower any or all of its rights
and obligations under this letter to any of its branches, subsidiaries and/or affiliates (each a “Delegate”) and may designate any Delegate as responsible for the performance of any of its appointed functions under this letter.
Following designation, a Delegate may rely on this letter. 
  

	7	CONDITIONS PRECEDENT 

 The Lender will consider requests for Utilisations under this
Facility only when the Lender has received the following documents and evidence and notified the Borrower that the Lender has found them to be satisfactory (in the Lender’s absolute discretion): 

 

	 	(a)	Copies of the constitutive documents (with all amendments) for each of the Borrower and Guarantor together with certificates of their registration. 

 

	 	(b)	Copies of all necessary corporate resolutions of each of the Borrower and Guarantor approving the entry into, the terms of and the transactions contemplated by this letter or the Guarantee and: 

 

	 	(i)	approving the terms of, and the transactions contemplated by, this letter or the Guarantee and resolving that it execute, deliver and perform this letter or the Guarantee; 

 

	 	(ii)	authorising a specified person or persons to execute this letter or the Guarantee on its behalf; and 

  

	 	(iii)	authorising a specified person or persons, on its behalf, to sign and/or despatch all documents and notices to be signed and/or despatched by it under or in connection with this letter or the Guarantee.

  

	 	(c)	A specimen of the signature of each person authorised by the resolution referred to in paragraph 7(b)(ii) above in relation. 

  

	 	(d)	A certificate of each of the Borrower and Guarantor (signed by a director or officer) confirming that borrowing under the Facility or any guarantee in connection with the Facility would not cause any borrowing,
guarantee or similar limit binding on the Borrower or Guarantor to be exceeded. 

  

	 	(e)	A certificate of an authorised signatory of each of the Borrower and Guarantor certifying that each copy document specified in this paragraph 7 (including, without limitation, the Guarantee) is correct, complete
and in full force and effect and has not been amended or superseded as at a date no earlier than the date of this letter. 

  

	 	(f)	A copy of an original of this letter, duly signed by all parties hereto. 

  

	 	(g)	A copy of an original of the Guarantee, duly signed by the Guarantor. 

  

	 	(h)	A legal opinion from Kaye Scholer LLP in form and substance as agreed with the Lender prior to the date of this Agreement in relation to the Borrower and a legal opinion acceptable to the Lender from general counsel to
the Guarantor in the jurisdiction of the Guarantor. 

  

	 	(i)	All documents and evidence required by the Lender to satisfy applicable know-your-customer requirements applicable to each of the Borrower and Guarantor. 

 

	 	(j)	A copy of the most recent set of audited annual consolidated financial statements of the Guarantor (it being understood that delivery of a copy of the annual report on Form 10-K of the Guarantor and its
consolidated subsidiaries most recently filed with the Securities and Exchange Commission shall satisfy the requirements of this paragraph 7(j)). 

 We look forward to your reply and to receipt of the documents called for above. If the conditions set out in
paragraph 7 above have not been received by us (in form and substance satisfactory to us) on or before 5th September 2014 the offer constituted by this letter will lapse. 

 

	
	Yours faithfully,
	
	 /s/ Gary Saint

	For and on behalf of
	BANK OF AMERICA MERRILL LYNCH INTERNATIONAL LIMITED

 We agree that the letter of which this is a copy sets out the terms and conditions which will apply to any
Advances provided under the uncommitted Facility to which it relates. 
 We agree in relation to any Utilisations to be bound by the terms and conditions
and to perform all our obligations under the letter. 
  

			
	trivago GmbH
		
	By:	 	/s/ Malte Siewert
	 Name: Malte Siewert

	 Title: Managing Director

		
	 By:
	 	 /s/ Rolf Schrömgens

	Name: Rolf Schrömgens
	 Title: Managing Director

	
	 Expedia, Inc.

	By:	 	 /s/ Mark Okerstrom

	Name: Mark Okerstrom
	Title: Executive Vice President & Chief Financial Officer
		
	By:	 	 /s/ Robert Dzielak

	Name: Robert Dzielak
	Title: Executive Vice President, General Counsel and Secretary

			
	ACKNOWLEDGED AND AGREED SOLELY AS TO PARAGRAPH 6.12:
	
	EXPEDIA.COM LIMITED
		
	By:	 	  

	Name:
	Title:

 SCHEDULE 

Utilisation Request for Advances 
  

			
	 To:
	  	Bank of America Merrill Lynch International Limited as Lender
		
	 From:
	  	trivago GmbH
		
	Dated:	  	

 Dear Sirs 

trivago GmbH – Facility Agreement dated
[             ] (the “Facility Agreement”) 

We refer to the Facility Agreement. This is a Utilisation Request. Terms defined in the Facility Agreement have the same meaning in this Utilisation
Request unless given a different meaning in this Utilisation Request. 
 We wish to borrow an Advance on the following terms: 

 

					
	 Proposed date of drawdown:
	 	[●]	 	(or, if that is not a Business Day, the next Business Day)
			
	 Amount:
	 	€[●]	 	
			
	 Term:
	 	[●]	 	
			
	 Interest period:
	 	[●]	 	

 We confirm that each condition specified in paragraph 1.3(b) (Conditions precedent to Utilisation) and paragraph 7
(Conditions precedent) is satisfied on the date of this Utilisation Request. 
 The proceeds of this Advance should be credited to [account]. 

This Utilisation Request is irrevocable. 
 Yours faithfully 

 

	
	  

	authorised signatory for

 trivago GmbH 

 19th December 2014 

Trivago GmbH 
 Bennigsen-Platz 1 

40474 Düsseldorf 
 Germany 

For the attention of: Paulette Wong, Senior Manager, Treasury Operations 

Dear Sirs, 
 Letter Agreement, dated 5th September 2014, among Bank of America Merrill Lynch International Limited, as lender (the “Lender”), trivago GmbH, as borrower (the “Borrower”), and Expedia, Inc., a Delaware
corporation, as guarantor (the “Guarantor”), pertaining to that certain EUR10,000,000 Uncommitted Credit Facility for the Borrower (the “Facility Letter”) 

Capitalised terms used but not otherwise defined in this letter shall have the meanings ascribed to them in the Facility Letter. 

Please be advised that we hereby amend the terms of the Facility Letter as from the later of (i) the date of your acceptance by countersigning this letter and
(ii) the date all CP Documents referred to below have been delivered (such date, the Effective Date) as follows: the amount available under the Facility Letter shall be increased from EUR10,000,000 to EUR50,000,000 (fifty million euro) and,
accordingly, all references in the Facility Letter to EUR10,000,000 shall be substituted with EUR50,000,000. For the avoidance of doubt, the Facility shall not exceed EUR50,000,000, which may be utilised by way of revolving advances in
accordance with the terms of the Facility Letter. 
 The amendment is subject to the Lender having received the following documents and evidences (the CP
Documents) and having notified the Borrower that the Lender has found them to be satisfactory (in the Lender’s absolute discretion): 
  

	 	1.	Copies of all necessary corporate resolutions of the Borrower approving the entry into, the terms of and the transactions contemplated by this letter and the Amended Facility Letter (as defined below);

  

	 	2.	A certificate of the Borrower (signed by a director or officer) confirming that borrowing under the Amended Facility Letter will not cause any borrowing or similar limit binding on it to be exceeded; 

 

	 	3.	A certificate of duly authorized signatories of the Borrower certifying that (i) each of the copy documents (other than the shareholders’ resolution referred to therein) delivered under cover of that certain
certificate of the Borrower delivered in connection with the Facility Letter remain true, accurate, correct and in full force and effect and have not been amended or superseded since the date of that certificate and/or (ii) certifying which
changes have been made and appending the relevant copy documents; and 

  

	 	4.	A copy of this letter, duly signed by all parties thereto.

 The amendment referred to above is not intended to
impair the discretionary nature of the Facility. 
 The Guarantor confirms that its Guarantee continues in full force and effect on the terms of the
Guarantee and extends to the obligations of the Borrower under the Facility Letter as amended by this letter (the Amended Facility Letter). The Borrower confirms that the representations set out in clause 4 of the Facility Letter are true and
correct in all material respects as of the date hereof and would also be true and correct in all material respects as of the date hereof if references to the Facility Letter therein are construed as references to the Amended Facility Letter. 

  
 1 

 Except as expressly set forth in this letter, all terms and conditions of the Facility Letter (including, but
without limitation, our rights of demand and early termination) remain unchanged and shall continue in full force and effect. From the Effective Date, the Facility Letter and this letter will be read and construed as one document. 

This letter may be signed and counter-signed in any number of counterparts, all of which when taken together shall constitute one and the same document. 

This letter and any non-contractual obligations arising out of or in connection with it shall be governed by and construed in accordance with the laws of
England and the parties submit to the exclusive jurisdiction of the English courts. 
 To indicate acceptance of these terms please sign the enclosed
duplicate of this letter and return it to us. 
 Yours faithfully, 

/s/ Johanna Jatila 
 Johanna Jatila 

Director 
 For and on behalf of 

BANK OF AMERICA Merrill Lynch International Limited 
 We
acknowledge and agree to the above letter 
  

	
	 /s/ Malte Siewert

	
	For and on behalf of
	
	Trivago GmbH as the Borrower

  

	
	 9/12/2014

	Date
	
	 /s/ Robert Dzielak

	
	For and on behalf of Expedia, Inc. as the Guarantor
	
	 9/12/2014

	Date

  
 2

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