Document:

exv4w16

 

Exhibit 4.16

STOCK RESTRICTION AND PUT RIGHT AGREEMENT

     This Stock Restriction Agreement (the “Agreement”) is made as of January 1, 2005 by and among
comScore Networks, Inc., a Delaware corporation (the “Company”) and 954253 Ontario Inc., an Ontario
corporation, Rice and Associates Advertising Consultants, Inc., an Ontario corporation (each, a
Stockholder” and collectively, the “Stockholder”).

RECITALS

     A. Company, the Stockholders and certain other parties have entered into an Asset Purchase
Agreement (the “Purchase Agreement”) which provides for the acquisition of all or substantially
all, of the assets of Stockholder by Company’s wholly-owned subsidiary comScore Media Metrix,
Canada. Inc., an Ontario corporation. Pursuant to the Purchase Agreement and as consideration for
the assets, the Stockholders shall receive, in part, shares of common stock of Company, and a
corresponding Put Right as defined below, to sell such shares back to the Company.

     B. Capitalized terms used but not defined in this Agreement shall have the meaning ascribed to
such terms in the Purchase Agreement.

     C. As a condition to the Purchase Agreement, Stockholder and Company agreed to enter into this
Agreement.

     NOW THEREFORE, in consideration of the mutual covenants and representations set forth herein,
intending to be legally bound hereby, the parties agree as follows:

AGREEMENT

     1. Issuance of the Shares. Pursuant to the terms and conditions of the Purchase
Agreement, at the Closing, the Company shall issue to the Stockholders an aggregate of 678,172
shares of common stock of the Company (the “Common Stock”). For purposes hereof, the term “Shares”
shall mean the Common Stock as adjusted for stock dividends, stock distributions, combinations,
consolidations or splits with respect to such shares.

     2. Stockholder’s Put Right.

          a. Subject to the terms and conditions of this Section 2, on the date that is the third
anniversary of the Closing Date (the “Exercise Date”), each Stockholder shall have the right to
require the Company to repurchase some or all of the Shares at a repurchase price per share of
$2.67 United States Dollars (as adjusted for stock dividends, stock distributions, combinations,
consolidations or splits with respect to such Shares) (the “Put Price”) (the “Put Right”). Each
Stockholder shall have ninety (90) days from and including the Exercise Date to Exercise this Put
Right (the “Exercise Period”). Upon expiration of the Exercise Period, this Put Right shall
terminate.

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          b. To exercise the Put Right, during the Exercise Period, the Stockholder shall deliver a
written notice to the Company in accordance with Section 8(h) below, of its election to exercise
this Put Right that includes the number of Shares it is electing to have repurchased. Within 10
business days of receipt of such written notice and upon the receipt from such Stockholder of the
Company stock certificate(s) duly endorsed for transfer, the Company shall pay to such Stockholder
the aggregate Put Price in cash (by check or wire transfer). If less than all of the Shares are
repurchased, the Company also shall issue to such Stockholder a new stock certificate representing
the remaining Shares held by such Stockholder after such repurchase and a corresponding portion of
the Put Right shall survive with respect to the remaining shares for the remainder of the Exercise
Period.

          c. Notwithstanding anything to the contrary contained in this Section 2, the Company’s
obligation to repurchase any Shares under this Section 2 is subject to Delaware General Corporation
Law and any other applicable local, state, provincial or federal law, statute or rule of the United
States or Canada (collectively, the “Laws”). If the Company is unable to honor its payment
obligations because of application of such Laws, the Exercise Period shall remain in effect for a
ninety (90) day period beginning on the day that the Company is no longer prevented from honoring
the Put Right because of application of such Laws.

     3. Company’s Right of First Refusal. Before any Shares held by a Stockholder or any
transferee (either being sometimes referred to herein as the “Holder”) may be sold or otherwise
transferred (including transfer by gift or operation of law), the Company or its assignee(s) shall
have a right of first refusal to purchase the Shares on the terms and conditions set forth in this
Section 3 (the “Right of First Refusal”).

          a. Notice of Proposed Transfer. The Holder of the Shares shall deliver to the Company
a written notice (the “Notice”) in accordance with Section 8(h) below stating: (i) the Holder’s
bona fide intention to sell or otherwise transfer such Shares; (ii) the name of each proposed
purchaser or other transferee (“Proposed Transferee”); (iii) the number of Shares to be transferred
to each Proposed Transferee; and (iv) the bona fide cash price or other consideration for which the
Holder proposes to transfer the Shares (the “Offered Price”), and the Holder shall offer the Shares
at the Offered Price to the Company or its assignee(s).

          b. Exercise of Right of First Refusal. At any time within ten (10) days after receipt
of the Notice, the Company and/or its assignee(s) may, by giving written notice to the Holder,
elect to purchase some or all of the Shares proposed to be transferred to any one or more of the
Proposed Transferees, at the purchase price determined in accordance with subsection (c) below.

          c. Purchase Price. The purchase price (“Purchase Price”) for the Shares purchased by
the Company or its assignee(s) under this Section shall be the Offered Price. If the Offered Price
includes consideration other than cash, the officers of the Company and Stockholder in good faith
shall agree on the cash equivalent value of the non-cash consideration.

          d. Payment. Payment of the Purchase Price shall be made in cash (by check or
wire/transfer) within thirty (30) days after receipt of the Notice.

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          e. Holder’s Right to Transfer. To the extent all of the Shares proposed in the Notice
to be transferred to a given Proposed Transferee are not purchased by the Company and/or its
assignee(s) as provided in this Section 3, then the Holder may sell or otherwise transfer such
unpurchased Shares to that Proposed Transferee at the Offered Price or at a higher price, provided
that (i) such sale or other transfer is consummated within 120 days after the date of the Notice,
(ii) any such sale or other transfer is effected in accordance with any applicable securities laws
(including Regulation S (Rule 901 through 905, and Preliminary Notes) of the Securities Act of
1936, as amended (the “Securities Act”), pursuant to registration under the Securities Act, or
pursuant to an available exemption from registration); (iii) the Proposed Transferee agrees in
writing to guarantee the obligations of Stockholder under the Purchase Agreement up to the value of
the Shares so transferred (with such Shares remaining subject to Section 6.5 of the Purchase
Agreement); and (iv) the Proposed Transferee agrees in writing that the provisions of this
Agreement shall continue to apply to the Shares in the hands of such Proposed Transferee. If the
Shares described in the Notice are not transferred to the Proposed Transferee within such period, a
new Notice shall be given to the Company, and the Company and/or its assignees shall again be
offered the Right of First Refusal before any Shares held by the Holder may be sold or otherwise
transferred.

          f. Exception for Certain Transfers. Notwithstanding anything to the contrary
contained in this Section 3, the Right of First Refusal shall not apply to, (i) in the case of any
Holder that is a partnership, limited liability company or corporation, a transferee or assignee
who is a former constituent partner, member, stockholder or affiliate of that Holder, and (ii) in
the case of any Holder, (y) a transferee or assignee who is a spouse, lineal descendant, father,
mother, brother or sister (each, a “Family Member”) of such transferring Holder or (z) or to a
trust, the beneficiaries of which are exclusively the Holder and/or Family Members; provided that
(i) any such sale or other transfer is effected in accordance with any applicable securities laws;
(ii) the transferee or assignee agrees in writing to guarantee the obligations of Stockholder under
the Purchase Agreement up to the value of the Shares so transferred (with such Shares remaining
subject to Section 6.5 of the Purchase Agreement); and (iii) the Proposed Transferee agrees in
writing that the provisions of this Agreement shall continue to apply to the Shares in the hands of
such Proposed Transferee.

          g. Attachment of Put Right. The Put Right is attached to the Shares and accrues to
the benefit of any and all holders of such Shares.

          h. Termination of Right of First Refusal. The Right of First Refusal shall terminate
as to any Shares upon the earlier of (i) the first sale of Common Stock of the Company to the
general public pursuant to a registration statement filed with and declared effective by the
Securities and Exchange Commission under the Securities Act, and (ii) a change of control of the
Company in which the successor corporation has equity securities that are publicly traded on a
national securities exchange or on the Nasdaq Stock Market.

     4. Lock-Up Period. Stockholder hereby agrees that, if so requested by the
representative of the managing’ underwriter (the “Managing Underwriter”) in connection with any
registration of the offering of any securities of the Company under the Securities Act, Stockholder
shall not sell or otherwise transfer any Shares or other securities of the Company during the
180-day period (the “Market Standoff Period”) following the effective date of a registration
statement of the Company filed under the Securities Act. Such restriction shall apply only to the
first registration statement of

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the Company to become effective under the Securities Act that includes securities to be sold on
behalf of the Company to the public in an underwritten public offering under the Securities Act.
The Company may impose stop-transfer instructions with respect to securities subject to the
foregoing restrictions until the end of such Market Standoff Period,

     5. Hedging Transactions. Stockholder agrees not to engage in hedging transactions
with regard to the Shares unless in compliance with the Securities Act.

     6. Restrictive Legends and Stop-Transfer Orders.

          a. Legends. Stockholder understands and agrees that the Company shall cause the
legends set forth below or legends substantially equivalent thereto, to be placed upon any
certificate(s) evidencing ownership of the Shares together with any other legends that may be
required by the Company or by state, provincial or federal securities laws of the United States or
Canada:

THE SECURITIES REPRESENTED HEREBY HAVE NOT BEEN REGISTERED UNDER THE
SECURITIES ACT OF 1933 (THE “ACT”) AND MAY NOT BE OFFERED, SOLD OR OTHERWISE
TRANSFERRED, PLEDGED OR HYPOTHECATED UNLESS AND UNTIL REGISTERED UNDER THE
ACT OR, IN THE OPINION OF COUNSEL REASONABLY SATISFACTORY TO THE ISSUER OF
THESE SECURITIES, SUCH OFFER, SALE OR TRANSFER, PLEDGE OR HYPOTHECATION IS IN
COMPLIANCE WITH THE ACT, INCLUDING REGULATION S (RULE 901 THROUGH 905, AND
PRELIMINARY NOTES) OR AN AVAILABLE EXEMPTION FROM REGISTRATION. HEDGING
TRANSACTIONS INVOLVING THESE SHARES MAY NOT BE CONDUCTED UNLESS IN COMPLIANCE
WITH THE ACT.

THE SHARES REPRESENTED BY THIS CERTIFICATE ARE SUBJECT TO CERTAIN
RESTRICTIONS ON TRANSFER AND A RIGHT OF FIRST REFUSAL HELD BY THE ISSUER
OR ITS ASSIGNEE(S) AS SET FORTH IN THE STOCK RESTRICTION AGREEMENT BETWEEN
THE ISSUER AND THE ORIGINAL HOLDER OF THESE SHARES, A COPY OF WHICH MAY BE
OBTAINED AT THE PRINCIPAL OFFICE OF THE ISSUER. SUCH TRANSFER
RESTRICTIONS AND RIGHT OF FIRST REFUSAL ARE BINDING ON TRANSFEREES OF
THESE SHARES.

          b. Stop-Transfer Notices. Each Stockholder agrees that, in order to ensure compliance
with the restrictions referred to herein, the Company may issue appropriate “stop transfer”
instructions to its transfer agent, if any, and that, if the Company transfers its own securities,
it may make appropriate notations to the same effect in its own records.

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          c. Refusal to Transfer. The Company shall not be required (i) to transfer on its
books any Shares that have been sold or otherwise transferred in violation of any of the provisions
of this Agreement or (ii) to treat as owner of such Shares, or to accord the right to vote or pay
dividends, or accord the Put Right to any purchaser or other transferee to whom such Shares shall
have been so transferred.

     7. Representations and Warranties. The Company and each Stockholder hereby represents
and warrants to the other that:

          a. it has the full power, authority and legal right to incur the obligations provided for in
this Agreement, to execute and deliver this Agreement, and to perform and observe the terms and
provisions hereof;

          b. this Agreement constitutes its legal, valid and binding obligation, enforceable against it
in accordance with the terms thereof, subject to applicable bankruptcy or other laws affecting
creditors’ rights generally, and subject to general principles of equity, regardless of whether
considered in a proceeding in equity or at law;

          c. the execution, delivery and performance of this Agreement have been duly authorized by all
necessary actions on its part; and

          d. the execution, delivery and performance of this Agreement does not violate or exceed its or
his powers or contravene (i) any provision of any applicable law, regulation, decree or order to
which it is subject, (ii) any provision of its charter documents, or (iii) any provision of any
mortgage, deed, contract, agreement or other instrument to which it is a party, or which is binding
upon it or any of its assets;

     8. General Provisions.

          a. Set-Off. All payments which the Company is required to make under this Agreement
shall be (i) subject to set-off in accordance with Section 6.5 of the Purchase Agreement; and (ii)
made without deduction or withholding for any tax unless the Company is required to make a
deduction or withholding by applicable law, regulation or rule; provided, however, that each
Stockholder shall be responsible for any applicable transfer tax on the sale of the Shares.

          b. Further Documents. Each party agrees upon request of the other party to execute
any further documents or instruments necessary or reasonably desirable in the view of the other
party to carry out the purposes or intent of this Agreement.

          c. Waiver. A party’s failure to enforce any provision of this Agreement shall not in
any way be construed as a waiver of any such provision, nor prevent that party from thereafter
enforcing any other provision of this Agreement. The rights granted the parties hereunder are
cumulative and shall not constitute a waiver of any party’s right to assert any other legal remedy
available to it. The waiver of a breach of any term or provision of this Agreement, which must be
in writing, shall not operate as or be construed to be a waiver of any other previous or subsequent
breach of this Agreement.

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          d. Severability, If any term, provision, covenant or restriction of this Agreement is
held by a court of competent jurisdiction to be invalid, void or unenforceable, then the remainder
of the terms, provisions, covenants and restrictions of this Agreement shall remain in full force
and effect and shall in no way be affected, impaired or invalidated.

          e. Binding Effect and Assignment, The Company may assign any of its rights under this
Agreement to single or multiple assignees, and this Agreement shall inure to the benefit of the
successors and assigns of the Company. Notwithstanding any such assignment, the Company shall
remain subject to its obligations set forth herein. Subject to the restrictions on transfer herein
set forth, this Agreement shall be binding upon each Stockholder and his, her or its heirs,
executors, administrators, successors and assigns.

          f. Amendments and Modification. This Agreement may not be modified, amended, altered
or supplemented except upon the execution and delivery of a written agreement executed by the
Company and the Stockholders.

          g. Specific Performance: Injunctive Relief. The parties hereto acknowledge that the
Company will be irreparably harmed and that there will be no adequate remedy at law for a violation
of any of the covenants or agreements of a Stockholder set forth in Section 3 or Section 4.
Therefore, it is agreed that, in addition to any other remedies that may be available to Company
upon any such violation, Company shall have the right to enforce such covenants and agreements by
specific performance, injunctive relief or by any other means available to Company at law or in
equity.

          h. Notices. All notices and other communications hereunder shall be in writing and
shall be deemed given if delivered personally or by commercial messenger or courier service, or
mailed by registered or certified mail (return receipt requested) or sent via facsimile (with
acknowledgment of complete transmission) to the parties at the following addresses (or at such
other address for a party as shall be specified by like notice, except that such notices of change
of address shall only be effective upon receipt); provided, however, that notices sent by mail will
not be deemed given until received;

	 	 	 	 	 
	 

	 	If to the Company:
	 	comScore Networks, Inc.
	 

	 	 	 	11465 Sunset Hills Road, Suite 200
	 

	 	 	 	Reston, Virginia 20190
	 

	 	 	 	Attention: Chief Financial Officer
	 

	 	 	 	Telephone Number: (703) 438-2000
	 
	 	 	 	 
	 

	 	With a copy to:
	 	comScore Networks, Inc.
	 

	 	 	 	11465 Sunset Hills Road, Suite 200
	 

	 	 	 	Reston, Virginia 20190
	 

	 	 	 	Attention: Corporate Counsel
	 

	 	 	 	Telephone Number: (703) 438-2000
	 
	 	 	 	 
	 

	 	If to a Stockholder:
	 	To the address for notice set forth on the signature page hereof.

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     Each party agrees to notify the other party of any change in its address above.

          i. Governing Law. This Agreement shall be governed by and construed in accordance
with the laws of the State of Delaware, regardless of the laws that might otherwise govern under
applicable principles of conflicts of laws thereof.

          j. Legal Counsel Fees. If either party hereto brings any action to enforce his or its
rights hereunder, the prevailing party in any such action shall be entitled to recover his or its
reasonable legal counsel fees and other reasonable costs incurred in connection with such action.

          k. Interpretation. The captions and section headings herein are for convenience only
and shall not affect the construction or interpretation of this Agreement. Whenever required by
the context, the singular number shall include the plural, and vice versa; the masculine gender
shall include the feminine and neuter genders; and the neuter gender shall include the masculine
and feminine genders. As used in this Agreement, the words “includes” and “including,” and
variations thereof, shall not be deemed to be terms of limitation, and shall be deemed to be
followed by words “without limitation.”

          l. Entire Agreement. This Agreement and the Purchase Agreement (and the exhibits
thereto), constitute the entire agreement of the parties with respect to the subject matter hereof
and supersede in their entirety all prior undertakings and agreements of the Company and the
Stockholders with respect to the subject matter hereof.

          m. Counterparts. This Agreement may be executed in several counterparts, each of
which shall be an original, but all of which together shall constitute one and the same agreement.
Facsimile signatures shall be valid and binding as original manual signatures.

          n. Effect of Headings. The captions and section headings herein are for convenience
only and shall not affect the construction or interpretation of this Agreement.

          o. Acknowledgment. Each Stockholder acknowledges that such Stockholder has had
independent legal counsel, has had sufficient time to, and has carefully read and fully understands
all the provisions of this Agreement, and is knowingly and voluntarily entering into this
Agreement.

[Signature Page Follows]

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     IN WITNESS WHEREOF, Company and Stockholder have caused this Agreement to be executed and
delivered as of the date first above written.

	 	 	 	 	 	 	 	 	 
	COMPANY:	 	STOCKHOLDERS
	 
	 	 	 	 	 	 	 	 
	COMSCORE NETWORKS, INC.:	 	954253 ONTARIO, INC.
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	By:
	 	/s/ Jeff Hohner
	 

	 	 	 	 	 	 	 	 
	By:	 	/s/ Sheri L. Huston	 	Name:	 	/s/ Jeff Hohner
	 	 	 	 	 	 	 
	 

	 	 	 	 	 	     Title:
	 	/s/ President
	 

	 	 	 	 	 	 	 	 
	 

	 	Name:
	 	/s/ Sheri L. Huston	 	 	 	 
	 

	 	 	 	 	 	 	 	 
	 	 	Title:	 	/s/ CFO	 	Address:
	 

	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	52 Parkhurst Boulevard
	 	 	 	 	 	 	Toronto, Ontario M4G 2C9
	 	 	 	 	 	 	Attention: Jeff Hohner
	 	 	 	 	 	 	Telephone No.: (416) 642-1006
	 	 	 	 	 	 	Facsimile No.: (416) 642-1007
	 
	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	with a copy to:
	 
	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	Goodmans LLP
	 	 	 	 	 	 	Barristers & Solicitors
	 	 	 	 	 	 	250 Yonge Street, Suite 2400
	 	 	 	 	 	 	Toronto, Ontario M5B 2M6
	 	 	 	 	 	 	Attention: Neil Sheehy
	 	 	 	 	 	 	Telephone No.: (416) 597-4229
	 	 	 	 	 	 	Facsimile No.: (416) 979-1234

	 	 	 	 	 	 	 	 	 	 	 
	 	 	RICE AND ASSOCIATES ADVERTISING	 	 
	 	 	CONSULTANTS, INC	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 	 	By:	 	/s/ Marshall Rice	 	 
	 	 	 	 	 	 	 
	 	 	 	 	Name:	 	/s/ Marshall Rice	 	 
	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	Title:
	 	President	 	 
	 

	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	Address:	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 	 	308 Hidden Trail	 	 
	 	 	Toronto, Ontario M2R 3R8	 	 
	 
	 	 	with a copy to:	 	 
	 
	 	 	Goodmans LLP	 	 

 

 

	 	 	 	 	 	 	 	 	 	 	 
	 	 	Barristers & Solicitors	 	 
	 	 	250 Yonge Street, Suite 2400	 	 
	 	 	Toronto, Ontario M5B 2M6	 	 
	 	 	Attention: Neil Sheehy	 	 
	 	 	Telephone No.: (416) 597-4229	 	 
	 	 	Facsimile No.: (416) 979-1234	 	 

[Signature Page to Stock Restriction Agreement]

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Exhibit 10.1

COMSCORE, INC.

INDEMNIFICATION AGREEMENT

          THIS AGREEMENT is entered into, effective as of ___, 2007 by and between comScore,
Inc., a Delaware corporation (the “Company”), and ___(“Indemnitee”),
effective as of the date that the Registration Statement on Form S-1 related to the initial public
offering of the Company’s Common Stock is declared effective by the United States Securities and
Exchange Commission.

          WHEREAS, it is essential to the Company to retain and attract as directors and officers the
most capable persons available;

          WHEREAS, Indemnitee is a director and/or officer of the Company;

          WHEREAS, both the Company and Indemnitee recognize the increased risk of litigation and other
claims currently being asserted against directors and officers of corporations;

          WHEREAS, the Amended and Restated Certificate of Incorporation (the “Certificate of
Incorporation”) and Amended and Restated Bylaws (the “Bylaws”) of the Company require
the Company to indemnify and advance expenses to its directors and officers to the fullest extent
permitted under Delaware law, and the Indemnitee has been serving and continues to serve as a
director and/or officer of the Company in part in reliance on the Company’s Certificate of
Incorporation and Bylaws; and

          WHEREAS, in recognition of Indemnitee’s need for (i) substantial protection against personal
liability based on Indemnitee’s reliance on the aforesaid Certificate of Incorporation and Bylaws,
(ii) specific contractual assurance that the protection promised by the Certificate of
Incorporation and Bylaws will be available to Indemnitee (regardless of, among other things, any
amendment to or revocation of the Certificate of Incorporation and Bylaws or any change in the
composition of the Company’s Board of Directors or acquisition transaction relating to the Company)
and (iii) an inducement to provide effective services to the Company as a director and/or officer,
the Company wishes to provide in this Agreement for the indemnification of and the advancing of
expenses to Indemnitee to the fullest extent (whether partial or complete) permitted under Delaware
law and as set forth in this Agreement, and, to the extent insurance is maintained, to provide for
the continued coverage of Indemnitee under the Company’s directors’ and officers’ liability
insurance policies.

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

     1. Certain Definitions:

                    (a) “Affiliate” shall mean any corporation or other person or entity that directly, or
indirectly through one or more intermediaries, controls or is controlled by or is under

 

 

common control with, the person specified, including, without limitation, with respect to the
Company, any direct or indirect subsidiary of the Company.

                    (b) “Board” shall mean the Board of Directors of the Company.

                    (c) A “Change in Control” shall be deemed to have occurred if (i) any “person” (as
such term is used in Sections 13(d) and 14(d) of the Securities Exchange Act of 1934, as amended
(the “Exchange Act”)) (other than a trustee or other fiduciary holding securities under an
employee benefit plan of the Company or a corporation owned directly or indirectly by the
stockholders of the Company in substantially the same proportions as their ownership of stock of
the Company, and other than any person holding shares of the Company on the date that the Company
first registers under the Securities Act of 1933, as amended, or any transferee of such individual
if such transferee is a spouse or lineal descendant of the transferee or a trust for the benefit of
the individual, his or her spouse or lineal descendants), is or becomes the “beneficial owner” (as
defined in Rule 13d-3 under the Exchange Act), directly or indirectly, of securities of the Company
representing 50% or more of the total voting power represented by the Company’s then outstanding
Voting Securities, (ii) during any period of two consecutive years, individuals who at the
beginning of such period constitute the Board and any new director whose election by the Board or
nomination for election by the Company’s stockholders was approved by a vote of at least two-thirds
(2/3) of the directors then still in office who either were directors at the beginning of the
period or whose election or nomination for election was previously so approved, cease for any
reason to constitute a majority of the Board, (iii) the stockholders of the Company approve a
merger or consolidation of the Company with any other entity, other than a merger or consolidation
that would result in the Voting Securities of the Company outstanding immediately prior thereto
continuing to represent (either by remaining outstanding or by being converted into Voting
Securities of the surviving entity) at least 80% of the total voting power represented by the
Voting Securities of the Company or such surviving entity outstanding immediately after such merger
or consolidation or (iv) the stockholders of the Company approve a plan of complete liquidation of
the Company or an agreement for the sale or disposition by the Company (in one transaction or a
series of transactions) of all or substantially all of the Company’s assets.

                    (d) “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 all
other costs and obligations, paid or incurred in connection with investigating, defending, being a
witness in, participating in (including on appeal) or preparing for any of the foregoing in, any
Proceeding relating to any Indemnifiable Event.

                    (e) “Indemnifiable Event” shall mean any event or occurrence that takes place either
prior to or after the execution of this Agreement, related to the fact that Indemnitee is or was a
director or officer of the Company or an Affiliate of the Company, or while a director or officer
is or was serving at the request of the Company or an Affiliate of the Company as a director,
officer, employee, trustee, agent or fiduciary of another foreign or domestic corporation,
partnership, joint venture, employee benefit plan, trust or other enterprise or was a director,
officer, employee or agent of a foreign or domestic corporation that was a predecessor corporation
of the Company or of

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another enterprise at the request of such predecessor corporation, or related to anything done
or not done by Indemnitee in any such capacity, whether or not the basis of the Proceeding is
alleged action in an official capacity as a director, officer, employee or agent or in any other
capacity while serving as a director, officer, employee or agent of the Company or an Affiliate of
the Company, as described above.

                    (f) “Independent Counsel” shall mean the person or body appointed in connection with
Section 3.

                    (g) “Proceeding” shall mean any threatened, pending or completed action, suit or
proceeding or any alternative dispute resolution mechanism (including an action by or in the right
of the Company or an Affiliate of the Company) or any inquiry, hearing or investigation, whether
conducted by the Company or an Affiliate of the Company or any other party, that Indemnitee in good
faith believes might lead to the institution of any such action, suit or proceeding, whether civil,
criminal, administrative, investigative or other.

                    (h) “Reviewing Party” shall mean the person or body appointed in accordance with
Section 3.

                    (i) “Voting Securities” shall mean any securities of the Company that vote generally
in the election of directors.

                 2. Agreement to Indemnify.

                    (a) General Agreement. In the event Indemnitee was, is or becomes a party to or
witness or other participant in, or is threatened to be made a party to or witness or other
participant in, a Proceeding by reason of (or arising in part out of) an Indemnifiable Event, the
Company shall indemnify Indemnitee from and against any and all Expenses to the fullest extent
permitted by law, as the same exists or may hereafter be amended or interpreted (but in the case of
any such amendment or interpretation, only to the extent that such amendment or interpretation
permits the Company to provide broader indemnification rights than were permitted prior thereto).
The parties hereto intend that this Agreement shall provide for indemnification in excess of that
expressly permitted by statute, including, without limitation, any indemnification provided by the
Company’s Certificate of Incorporation, its Bylaws, vote of its stockholders or disinterested
directors or applicable law.

                    (b) Initiation of Proceeding. Notwithstanding anything in this Agreement to the
contrary, Indemnitee shall not be entitled to indemnification pursuant to this Agreement in
connection with any Proceeding initiated by Indemnitee against the Company or any director or
officer of the Company unless (i) the Company has joined in or the Board has consented to the
initiation of such Proceeding, (ii) the Proceeding is one to enforce indemnification rights under
Section 5 or (iii) the Proceeding is instituted after a Change in Control (other than a Change in
Control approved by a majority of the directors on the Board who were directors immediately prior
to such Change in Control) and Independent Counsel has approved its initiation.

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                    (c) Expense Advances. If so requested by Indemnitee, the Company shall advance
(within thirty (30) days of such request) any and all Expenses to Indemnitee (an “Expense
Advance”). The Indemnitee shall qualify for such Expense Advances upon the execution and delivery
to the Company of this Agreement which shall constitute an undertaking providing that the
Indemnitee undertakes to repay such Expense Advances if and to the extent that it is ultimately
determined by a court of competent jurisdiction in a final judgment, not subject to appeal, that
Indemnitee is not entitled to be indemnified by the Company. Indemnitee’s obligation to reimburse
the Company for Expense Advances shall be unsecured and no interest shall be charged thereon. This
Section 2(c) shall not apply to any claim made by Indemnitee for which indemnity is excluded
pursuant to Section 2(b) or 2(f).

                    (d) Mandatory Indemnification. Notwithstanding any other provision of this Agreement,
to the extent that Indemnitee has been successful on the merits or otherwise in defense of any
Proceeding relating in whole or in part to an Indemnifiable Event or in defense of any issue or
matter therein, Indemnitee shall be indemnified against all Expenses incurred in connection
therewith.

                    (e) Partial Indemnification. If Indemnitee is entitled under any provision of this
Agreement to indemnification by the Company for some or a portion of Expenses, but not, however,
for the total amount thereof, the Company shall nevertheless indemnify Indemnitee for the portion
thereof to which Indemnitee is entitled.

                    (f) Prohibited Indemnification. No indemnification pursuant to this Agreement shall
be paid by the Company on account of any Proceeding in which a final judgment is rendered against
Indemnitee or Indemnitee enters into a settlement, in each case (i) for an accounting of profits
made from the purchase or sale by Indemnitee of securities of the Company pursuant to the
provisions of Section 16(b) of the Exchange Act or similar provisions of any federal, state or
local laws; (ii) for which payment has actually been made to or on behalf of Indemnitee under any
insurance policy or other indemnity provision, except with respect to any excess beyond the amount
paid under any insurance policy or other indemnity provision; or (iii) for which payment is
prohibited by law. Notwithstanding anything to the contrary stated or implied in this Section
2(f), indemnification pursuant to this Agreement relating to any Proceeding against Indemnitee for
an accounting of profits made from the purchase or sale by Indemnitee of securities of the Company
pursuant to the provisions of Section 16(b) of the Exchange Act or similar provisions of any
federal, state or local laws shall not be prohibited if Indemnitee ultimately establishes in any
Proceeding that no recovery of such profits from Indemnitee is permitted under Section 16(b) of the
Exchange Act or similar provisions of any federal, state or local laws.

                 3. Reviewing Party. Prior to any Change in Control, the Reviewing Party shall be any
appropriate person or body consisting of a member or members of the Board or any other person or
body appointed by the Board who is not a party to the particular Proceeding with respect to which
Indemnitee is seeking indemnification; provided that if all members of the Board are parties to the
particular Proceeding with respect to which Indemnitee is seeking indemnification, the Independent
Counsel referred to below shall become the Reviewing Party; after a Change in Control, the
Independent Counsel referred to below shall become the Reviewing Party. With respect to all
matters arising before a Change in Control for which Independent Counsel shall be the Reviewing

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Party and all matters arising after a Change in Control, in each case concerning the rights of
Indemnitee to indemnity payments and Expense Advances under this Agreement or any other agreement
or under applicable law or the Company’s Certificate of Incorporation or Bylaws now or hereafter in
effect relating to indemnification for Indemnifiable Events, the Company shall seek legal advice
only from Independent Counsel selected by Indemnitee and approved by the Company (which approval
shall not be unreasonably withheld or delayed), and who has not otherwise performed services for
the Company or the Indemnitee (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 prevailing, would have a conflict of interest in
representing either the Company or Indemnitee in an action to determine Indemnitee’s rights under
this Agreement. Such counsel, among other things, shall render its written opinion to the Company
and Indemnitee as to whether and to what extent the Indemnitee should be permitted to be
indemnified under applicable law. The Company agrees to pay the reasonable fees of the Independent
Counsel and to 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.

                 4. Indemnification Process and Appeal.

                    (a) Indemnification Payment. Indemnitee shall be entitled to indemnification of
Expenses, and shall receive payment thereof, from the Company in accordance with this Agreement as
soon as practicable after Indemnitee has made written demand on the Company for indemnification,
but in no event later than thirty (30) business days after such demand, unless the Reviewing Party
has given a written opinion to the Company that Indemnitee is not entitled to indemnification under
applicable law. Indemnitee shall cooperate with the Reviewing Party making a determination with
respect to Indemnitee’s entitlement to indemnification, including providing to the Reviewing Party
upon reasonable advance request any documentation or information which is not privileged or
otherwise protected from disclosure and which is reasonably available to Indemnitee and reasonably
necessary to such determination.

                    (b) Suit to Enforce Rights. Regardless of any action by the Reviewing Party, if
Indemnitee has not received full indemnification within thirty (30) days after making a demand in
accordance with Section 4(a), Indemnitee shall have the right to enforce its indemnification rights
under this Agreement by commencing litigation in any court in the State of California or the State
of Delaware having subject matter jurisdiction thereof seeking an initial determination by the
court or challenging any determination by the Reviewing Party or any aspect thereof. The Company
hereby consents to service of process and to appear in any such proceeding. Any determination by
the Reviewing Party not challenged by the Indemnitee shall be binding on the Company and
Indemnitee. The Company 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 Company is bound by all the provisions of this Agreement. The
remedy provided for in this Section 4 shall be in addition to any other remedies available to
Indemnitee at law or in equity.

                    (c) Defense to Indemnification, Burden of Proof, and Presumptions. It shall be a
defense to any action brought by Indemnitee against the Company to enforce this

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Agreement (other than an action brought to enforce a claim for Expenses incurred in defending
a Proceeding in advance of its final disposition) that it is not permissible under applicable law
for the Company to indemnify Indemnitee for the amount claimed. In connection with any such action
or any determination by the Reviewing Party or otherwise as to whether Indemnitee is entitled to be
indemnified hereunder, the burden of proving such a defense or determination shall be on the
Company. Neither the failure of the Reviewing Party or the Company (including its Board,
independent legal counsel or its stockholders) to have made a determination prior to the
commencement of such action by Indemnitee that indemnification of the claimant is proper under the
circumstances because Indemnitee has met the standard of conduct set forth in applicable law, nor
an actual determination by the Reviewing Party or Company (including its Board, independent legal
counsel or its stockholders) that the Indemnitee had not met such applicable standard of conduct,
shall be a defense to the action or create a presumption that the Indemnitee has not met the
applicable standard of conduct. For purposes of this Agreement, the termination of any claim,
action, suit or proceeding, by judgment, order, settlement (whether with or without court
approval), conviction or upon a plea of nolo contendere or its equivalent, shall not create a
presumption that Indemnitee did not meet any particular standard of conduct or have any particular
belief or that a court has determined that indemnification is not permitted by applicable law. For
purposes of any determination of good faith under any applicable standard of conduct, Indemnitee
shall be deemed to have acted in good faith if Indemnitee’s action is based on the records or books
of account of the Company, including financial statements, or on information supplied to Indemnitee
by the officers of the Company in the course of their duties, or on the advice of legal counsel for
the Company or the Board or counsel selected by any committee of the Board or on information or
records given or reports made to the Company by an independent certified public accountant or by an
appraiser, investment banker or other expert selected with reasonable care by the Company or the
Board or any committee of the Board. The provisions of the preceding sentence shall not be deemed
to be exclusive or to limit in any way the other circumstances in which the Indemnitee may be
deemed to have met the applicable standard of conduct. The knowledge and/or actions, or failure to
act, or any director, officer, agent or employee of the Company shall not be imputed to Indemnitee
for purposes of determining the right to indemnification under this Agreement.

                 5. Indemnification for Expenses Incurred in Enforcing Rights. The Company shall
indemnify Indemnitee against any and all Expenses that are incurred by Indemnitee in connection
with any action brought by Indemnitee for:

                       (i) indemnification or advance payment of Expenses by the Company under this Agreement or any
other agreement or under applicable law or the Company’s Certificate of Incorporation or Bylaws now
or hereafter in effect relating to indemnification for Indemnifiable Events, and/or;

                       (ii) recovery under directors’ and officers’ liability insurance policies maintained by the
Company; but only in the event that Indemnitee ultimately is determined to be entitled to such
indemnification or insurance recovery, as the case may be. In addition, the Company shall, if so
requested by Indemnitee, advance the foregoing Expenses to Indemnitee, subject to and in accordance
with Section 2(c).

                 6. Notification and Defense of Proceeding.

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                    (a) Notice. Promptly after receipt by Indemnitee of notice of the commencement of any
Proceeding, Indemnitee shall, if a claim in respect thereof is to be made against the Company under
this Agreement, notify the Company of the commencement thereof; but the omission so to notify the
Company will not relieve the Company from any liability that it may have to Indemnitee, except as
provided in Section 6(c).

                    (b) Defense. With respect to any Proceeding as to which Indemnitee notifies the
Company of the commencement thereof, the Company will be entitled to participate in the Proceeding
at its own expense and except as otherwise provided below, to the extent the Company so wishes, it
may assume the defense thereof with counsel reasonably satisfactory to Indemnitee. After notice
from the Company to Indemnitee of its election to assume the defense of any Proceeding, the Company
shall not be liable to Indemnitee under this Agreement or otherwise for any Expenses subsequently
incurred by Indemnitee in connection with the defense of such Proceeding other than reasonable
costs of investigation or as otherwise provided below. Indemnitee shall have the right to employ
legal counsel in such Proceeding, but all Expenses related thereto incurred after notice from the
Company of its assumption of the defense shall be at Indemnitee’s expense unless: (i) the
employment of legal counsel by Indemnitee has been authorized by the Company, (ii) Indemnitee has
reasonably determined that there may be a conflict of interest between Indemnitee and the Company
in the defense of the Proceeding, (iii) after a Change in Control, the employment of counsel by
Indemnitee has been approved by the Independent Counsel or (iv) the Company shall not in fact have
employed counsel to assume the defense of such Proceeding, in each of which cases all Expenses of
the Proceeding shall be borne by the Company. The Company shall not be entitled to assume the
defense of any Proceeding brought by or on behalf of the Company, or as to which Indemnitee shall
have made the determination provided for in (ii) above or under the circumstances provided for in
(iii) and (iv) above.

                    (c) Settlement of Claims. The Company shall not be liable to indemnify Indemnitee
under this Agreement or otherwise for any amounts paid in settlement of any Proceeding effected
without the Company’s written consent, such consent not to be unreasonably withheld; provided,
however, that if a Change in Control has occurred, the Company shall be liable for indemnification
of Indemnitee for amounts paid in settlement if the Independent Counsel has approved the
settlement. The Company shall not settle any Proceeding in any manner that would impose any penalty
or limitation on Indemnitee without Indemnitee’s written consent. The Company shall not be liable
to indemnify the Indemnitee under this Agreement with regard to any judicial award if the Company
was not given a reasonable and timely opportunity as a result of Indemnitees’ failure to provide
notice, at its expense, to participate in the defense of such action, and the lack of such notice
materially prejudiced the Company’s ability to participate in defense of such action. The
Company’s liability hereunder shall not be excused if participation in the Proceeding by the
Company was barred by this Agreement.

                 7. Non-Exclusivity. The rights of Indemnitee hereunder shall be in addition to any
other rights Indemnitee may have under the Company’s Certificate of Incorporation, Bylaws,
applicable law or otherwise; provided, however, that this Agreement shall supersede any prior
indemnification agreement between the Company and the Indemnitee. To the extent that a change in
applicable law (whether by statute or judicial decision) permits greater indemnification than would
be afforded currently under the Company’s Certificate of Incorporation, Bylaws, applicable law or

-7-

 

this Agreement, it is the intent of the parties that Indemnitee enjoy by this Agreement the
greater benefits so afforded by such change.

                 8. Liability Insurance. To the extent the Company maintains an insurance policy or
policies providing general and/or directors’ and officers’ liability insurance, Indemnitee shall be
covered by such policy or policies, in accordance with its or their terms, to the maximum extent of
the coverage available for any Company director or officer.

                 9. Period of Limitations. No legal action shall be brought and no cause of action
shall be asserted by or on behalf of the Company or any Affiliate of the Company against
Indemnitee, Indemnitee’s spouse, heirs, executors or personal or legal representatives after the
expiration of two (2) years from the date of accrual of such cause of action or such longer period
as may be required by state law under the circumstances. Any claim or cause of action of the
Company or its Affiliate shall be extinguished and deemed released unless asserted by the timely
filing and notice of a legal action within such period; provided, however, that if any shorter
period of limitations is otherwise applicable to any such cause of action, the shorter period shall
govern.

                 10. Amendment of this Agreement. 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 binding unless in the form of a writing signed by
the party against whom enforcement of the waiver is sought, and no such waiver shall operate as a
waiver of any other provisions hereof (whether or not similar), nor shall such waiver constitute a
continuing waiver. Except as specifically provided herein, no failure to exercise or any delay in
exercising any right or remedy hereunder shall constitute a waiver thereof.

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

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

                 13. Duration of Agreement. This Agreement shall continue until and terminate upon the
later of (a) six (6) years after the date that Indemnitee shall have ceased to serve as a director
or officer of the Company or (b) one (1) year after the final termination of any Proceeding,
including any appeal, then pending in respect of which Indemnitee is granted rights of
indemnification or advancement of Expenses hereunder and of any proceeding commenced by Indemnitee
pursuant to Section 4(b) of this Agreement relating thereto.

                 14. Binding Effect. This Agreement shall be binding upon and inure to the benefit of
and be enforceable by the parties hereto and their respective successors (including any direct or
indirect successor by purchase, merger, consolidation or otherwise to all or substantially all

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of the business and/or assets of the Company), assigns, spouses, heirs and personal and legal
representatives. The Company shall require and cause any successor (whether direct or indirect by
purchase, merger, consolidation or otherwise) to all, substantially all or a substantial part, of
the business and/or assets of the Company, by written agreement in form and substance satisfactory
to Indemnitee, expressly to assume and agree 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. The indemnification provided under this Agreement shall continue as to Indemnitee for any
action taken or not taken while serving in an indemnified capacity pertaining to an Indemnifiable
Event even though Indemnitee may have ceased to serve in such capacity at the time of any
Proceeding.

                 15. Severability. If any provision (or portion thereof) of this Agreement shall be
held by a court of competent jurisdiction to be invalid, void or otherwise unenforceable, (a) the
remaining provisions shall remain enforceable to the fullest extent permitted by law; (b) such
provision or provisions shall be deemed reformed to the extent necessary to conform to applicable
law and to give the maximum effect to the intent of the parties hereto; and (c) to the fullest
extent possible, the provisions of this Agreement (including, without limitation, each portion of
this Agreement containing any provision held to be invalid, void or otherwise unenforceable, that
is not itself invalid, void or unenforceable) shall be construed so as to give effect to the intent
manifested by the provision held invalid, void or unenforceable.

                 16. Contribution. To the fullest extent permissible under applicable law, whether or
not the indemnification provided for in this Agreement is available to Indemnitee for any reason
whatsoever, the Company shall pay all or a portion of the amount that would otherwise be incurred
by Indemnitee for Expenses in connection with any claim relating to an Indemnifiable Event, as is
deemed fair and reasonable in light of all of the circumstances of such Proceeding in order to
reflect (i) the relative benefits received by the Company and Indemnitee as a result of the
event(s) and/or transaction(s) giving cause to such Proceeding; and/or (ii) the relative fault of
the Company (and its directors, officers, employees and agents) and Indemnitee in connection with
such event(s) and/or transaction(s).

                 17. Entire Agreement. This Agreement constitutes the entire agreement of the parties
with respect to the subject matter hereof and supersedes in its entirety all prior undertakings and
agreements, including the any prior agreement with respect to the subject matter hereof, of the
Company and the Indemnitee with respect to the subject matter hereof.

                 18. Governing Law. This Agreement shall be governed by and construed and enforced in
accordance with the laws of the State of Delaware applicable to contracts made and to be performed
in such State without giving effect to its principles of conflicts of laws. The Company and
Indemnitee hereby irrevocably and unconditionally (i) agree that any action or proceeding arising
out of or in connection with this Agreement may be brought in the Delaware Court of Chancery or in
the applicable state or federal courts in the Commonwealth of Virginia; (ii) consent to submit to
the jurisdiction of the Delaware Court of Chancery or of the applicable state or federal courts in
the Commonwealth of Virginia for purposes of any action or proceeding arising out of or in
connection with this Agreement, (iii) waive any objection to the laying of venue of any such action
or proceeding in the Delaware Court of Chancery or in the applicable state or federal courts in the
Commonwealth of Virginia, and (iv) waive, and agree not to plead or to make, any claim that any

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such action or proceeding brought in the Delaware Court of Chancery or in the applicable state
or federal courts in the Commonwealth of Virginia has been brought in an improper or inconvenient
forum.

                 19. Notices. All notices, demands and other communications required or permitted
hereunder shall be made in writing and shall be deemed to have been duly given if delivered by
hand, against receipt or mailed, postage prepaid, certified or registered mail, return receipt
requested and addressed to the Company at:

comScore, Inc.

Attn: Chief Executive Officer

11465 Sunset Hills Road

Suite 200

Reston, Virginia 20190

Facsimile: 703-438-2051

and to Indemnitee at the address set forth below Indemnitee’s signature hereto.

Notice of change of address shall be effective only when given in accordance with this Section.
All notices complying with this Section shall be deemed to have been received on the date of hand
delivery or on the third business day after mailing.

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

* * * * *

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     IN WITNESS WHEREOF, the parties hereto have duly executed and delivered this Agreement
as of the day specified above.

COMSCORE, INC.

a Delaware corporation

	 	 	 	 	 	 
	 	 	 	 
	 	By:  	 	 	 
	 	 	 	 
	 	 	 	Print Name:	 	 
	 	 	 	 
	 
	 	 	 	Title:	 	 
	 	 	 	 
	 
	 	 
	 	 	INDEMNITEE,
an individual	 
	 
	 	 	 	 	 
	 	 	Signed:
	 	 
	 	 	 	 
	 
	 	 
	 	 	 	Print Name:	 	 
	 	 	 	 
	 
	 	 
	 	 	 	Address:	 	 
	 	 	 	 
	 
	 	 
	 	 	 	 
	 
	 	 
	 	 	 	 
	 

[Signature Page to Indemnification Agreement]

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