Document:

exv10w1

Exhibit 10.1

TAX DISAFFILIATION AGREEMENT

     THIS
TAX DISAFFILIATION AGREEMENT (this “Agreement”),
dated as of July 2, 2008 is by
and among Fidelity National Information Services, Inc. (“FIS”), a Georgia corporation and
Lender Processing Services, Inc., a Delaware corporation and wholly owned subsidiary of FIS
(“LPS”).

     WHEREAS, FIS is the common parent of the affiliated group of corporations within the meaning
of section 1504(a) of the Internal Revenue Code of 1986, as amended (the “Code”);

     WHEREAS,
as set forth in the Contribution and Distribution Agreement dated as
of June 13, 2008
by and between LPS and FIS (the “Distribution Agreement”), FIS will transfer to LPS certain
assets and liabilities in exchange for shares of LPS and LPS Securities (the
“Contribution”);

     WHEREAS, FIS will distribute all of the shares of LPS common stock it holds on the date of the
execution and delivery of the Distribution Agreement (the “Distribution Date”) in a
transaction (the “Distribution”) that FIS and LPS intend to qualify as a tax-free
reorganization and distribution pursuant to sections 368(a)(1)(D) and 355 of the Code;

     WHEREAS, FIS will exchange LPS Securities for outstanding term loan indebtedness of FIS held
by certain financial institutions in an exchange FIS intends to be tax-free to it pursuant to
section 361(c) of the Code (the “Debt Exchange”); and

     WHEREAS, in connection with the Distribution the parties hereto desire to enter into this
Agreement, setting forth their agreement with respect to certain Tax matters from and after the
Distribution Date.

     NOW THEREFORE, in consideration of the mutual covenants and promises contained herein, and
other good and valuable consideration, the receipt and sufficiency of which are hereby
acknowledged, the parties agree as follows:

SECTION 1. DEFINITIONS.

	1.1	 	In General. For purposes of this Agreement, the following terms shall have the
respective meanings set forth below:

     “Acquisition” means any acquisition of FIS stock or LPS stock, as applicable
(including without limitation a stock redemption) or issuance of FIS stock or LPS stock, as
applicable, excluding (a) the issuance of stock by LPS in connection with the Contribution;
(b) the distribution of LPS stock in the Distribution; and (c) any acquisition of stock that
qualifies under sections 1.355-7(d)(7), (8), or (9) of the Treasury Regulations or any
successor thereto.

 

 

     “Adverse Consequences” means damages, penalties, fines, costs, expenses
(including professional fees and expenses), amounts paid in settlement, liabilities,
obligations, liens, and losses, including any such amounts arising out of or related to
claims asserted against LPS or FIS by any shareholder participating in the Distribution;
provided that Adverse Consequences shall not include any indirect, special,
consequential, or punitive damages.

     “After-Tax Basis” means that, for purposes of determining the amount of the
Indemnified Liability, the amount of any Tax, Tax Loss, or Adverse Consequences shall be
determined net of any Tax Benefit derived by the Indemnitee as the result of sustaining such
Tax, Tax Loss, and Adverse Consequences and increased by the amount of any Tax Detriment
incurred by the Indemnitee as the result of its receipt, or right to receive, such
indemnification payment, so that the Indemnitee is put in the same net after-Tax economic
position as if it had not incurred such Tax, Tax Loss, or Adverse Consequences.

     “Affiliated Company” means any and every corporation that has a common parent
that holds directly or indirectly 80% or more of the voting power and value of such
corporation within the meaning of section 1504(a) of the Code.

     “Agreement” has the meaning set forth in the Preamble hereto.

     “Arbitrator” has the meaning set forth in Section 8.5(c) of this Agreement.

     “Audit” includes any audit, assessment of Taxes or other examination by any Tax
Authority, proceeding, or appeal of such a proceeding relating to Taxes, whether
administrative or judicial, including proceedings relating to competent authority
determinations.

     “Business Day” means any day, other than a Saturday or Sunday, or a day on
which banking institutions are authorized or required by law or regulation to close in
Jacksonville, Florida, or New York, New York.

     “Code” has the meaning set forth in the Recitals to this Agreement.

     “Combined Group” means a group of two or more members that file a Combined
Return.

     “Combined Return” means any Tax Return with respect to Combined State/Local Tax
filed on a consolidated, combined, unitary or other similar basis.

     “Combined State/Local Tax” means the state or local Tax liability determined on
a consolidated, combined or unitary basis.

     “Consolidated Federal Tax” means the Federal Income Tax liability of a
Consolidated Group determined on a consolidated basis.

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     “Consolidated Group” means a group of one or more Affiliated Companies that
files a Consolidated Return.

     “Consolidated Item” has the meaning set forth in Paragraph 1(b)(i) of Schedule
I.

     “Consolidated Return” means any Tax Return with respect to Federal Income Taxes
filed on a consolidated basis pursuant to section 1501 of the Code.

     “Contest” means any Audit or claim for refund involving any Taxes with respect
to a Pre-Distribution Period.

     “Contribution” has the meaning set forth in the Recitals to this Agreement.

     “Controlling Party” has the meaning set forth in Section 6.2(d) of this
Agreement.

     “Credit” has the meaning set forth in Paragraph 3 of Schedule I.

     “Debt Exchange” has the meaning set forth in the Recitals to this Agreement.

     “Dispute” has the meaning set forth in Section 8.5(a) of this Agreement.

     “Dissolving Companies” means the companies listed in Schedule III to this
Agreement.

     “Distribution” has the meaning set forth in the Recitals to this Agreement.

     “Distribution Agreement” has the meaning set forth in the Recitals to this
Agreement.

     “Distribution Date” has the meaning set forth in the Recitals to this
Agreement.

     “Federal Income Tax” means any Tax imposed under Subtitle A of the Code
(including the Taxes imposed by sections 11, 55, and 1201(a) of the Code), and any interest,
addition to Tax, or penalties applicable or related thereto, and any other income-based U.S.
federal tax which is hereinafter imposed upon corporations.

     “Filing Group” means either (a) the FIS Group, if the Filing Party is a member
of the FIS Group, or (b) the LPS Group, if the Filing Party is a member of the LPS Group.

     “Filing Party” means, (a) with respect to any Consolidated Return or Combined
Return, the party that is required to file such a Tax Return under Section 2.2 of this
Agreement, and (b) with respect to any Separate Return, the party that is required to file
such Tax Return under applicable law.

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     “Final Determination” means with respect to any issue (a) a decision, judgment,
decree or other order by the United States Tax Court or any other court of competent
jurisdiction that has become final and unappealable, (b) a closing agreement under
section 7121 of the Code or a comparable provision of any state, local, or foreign Tax law
that is binding against the Service or any other Taxing Authority, (c) any other final
settlement with the Service or other Tax Authority, or (d) the expiration of an applicable
statute of limitations.

     “FIS” has the meaning set forth in the Preamble to this Agreement.

     “FIS Combined Returns” means any Combined Return with respect to which FIS or
any member of the FIS Group is the common Parent of the Combined Group.

     “FIS Consolidated Return” means any Consolidated Return with respect to which
FIS is the common parent of the Consolidated Group.

     “FIS Group” means FIS and any Affiliated Company of which FIS is the common
parent corporation and any corporation which may be, or may become, a member of such group
from time to time, other than any corporation that is a member of the LPS Group.

     “FIS Returns” means all FIS Consolidated Returns, all FIS Combined Returns, and
any Separate Return required to be filed by any member of the FIS Group.

     “Hypothetical Tax” has the meaning set forth in Paragraph 1 of Schedule I.

     “Indemnified Liability” means any liability which is imposed upon or incurred
by an Indemnitee against which such Indemnitee is indemnified and held harmless under this
Agreement.

     “Indemnifying Party” means any person that is required to indemnify and hold
harmless any Indemnitee under this Agreement.

     “Indemnitee” means person that incurs a liability that is subject to
indemnification under this Agreement.

     “LPS” has the meaning set forth in the Preamble to this Agreement.

     “LPS Capital Transactions” has the meaning set forth in Section 5.2(c) of this
Agreement.

     “LPS Capital Transactions Process” has the meaning set forth in Section 5.2(c)
of this Agreement.

     “LPS Combined Returns” means any Combined Return with respect to which LPS or
any member of the LPS Group is the common parent of the Combined Group.

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     “LPS Group” means LPS and any Affiliated Company of which LPS is the common
parent corporation and any corporation which may be, or may become, a member of such group
from time to time.

     “LPS Return” means any Tax Return that is an LPS Combined Return or any
Separate Return that is required to be filed by any member of the LPS Group.

     “LPS Securities” means the LPS securities received by FIS in the Contribution.

     “Merged Companies” means the companies listed in Schedule IV to this Agreement.

     “Non-Controlling Party” has the meaning set forth in Section 6.2(d)(i) of this
Agreement.

     “Non-Filing Group” means either (a) the LPS Group, if the Filing Party is a
member of the FIS Group, or (b) the FIS Group, if the Filing Party is a member of the LPS
Group.

     “Non-Filing Party” means either (a) LPS, if the Filing Party is a member of the
FIS Group, or (b) FIS, if the Filing Party is a member of the LPS Group.

     “NTI-NY” means National Title Insurance of New York, Inc., a New York insurance
company.

     “Opinion Documents” means the Tax Opinion and representation letters referred
to therein.

     “Other Tax Group” means either the FIS Group if the LPS Group is the Tax Group
or the LPS Group if the FIS Group is the Tax Group.

     “Post-Distribution Period” means any Taxable Period beginning after the
Distribution Date and, in the case of any Taxable Period that begins before and ends after
the Distribution Date, that part of the Taxable Period that begins at the beginning of the
day after the Distribution Date.

     “Pre-Distribution Period” means any Taxable Period that ends on or before the
Distribution Date and, in the case of any Taxable Period that begins before and ends after
the Distribution Date, that part of the Taxable Period through the close of the Distribution
Date.

     “Preliminary Transactions” means the transactions described in Schedule II to
this Agreement.

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     “Private Letter Ruling” means the private letter ruling issued by the Service
to FIS that addresses, inter alia, the tax consequences of the Contribution, Distribution,
and Debt Exchange.

     “Referee” has the meaning set forth in Section 8.5(c) of this Agreement.

     “Ruling Documents” means the Private Letter Ruling, plus all of the materials
submitted to the Service in connection with obtaining such ruling.

     “Section 355 Tax Treatment” has the meaning set forth in Section 5.1(a) of this
Agreement.

     “Separate Return” means any Tax Return other than a Consolidated Return or a
Combined Return.

     “Separate Tax” means any Tax incurred by an entity that is not a Federal Income
Tax required to be shown on a Consolidated Return and is not a Combined State/Local Tax
required to be shown on a Combined Return.

     “Service” means the Internal Revenue Service.

     “Steering Committee” has the meaning set forth in Section 8.5(a) of this
Agreement.

     “Tax” means any net income, gross income, gross receipts, alternative or add-on
minimum, sales, use, ad valorem, franchise, profits, license, withholding, payroll,
employment, excise, transfer, recording, severance, stamp, occupation, premium, property,
environmental, estimated, custom duty, or other tax, governmental fee or other like
assessment or charge of any kind whatsoever, together with any interest and any penalty,
addition to Tax or additional amount imposed by a Tax Authority.

     “Tax Authority” means any governmental authority or any subdivision, agency,
commission or authority thereof or any quasi-governmental or private body having
jurisdiction over the assessment, determination, collection, or imposition of any Tax
(including the Service).

     “Tax Benefit” means a decrease in the Tax liability of a taxpayer (or of the
consolidated, combined, or unitary group of which it is a member) for any Taxable Period.
Except as otherwise provided in this Agreement, a Tax Benefit shall be deemed to have been
realized or received from a Tax Item in a Taxable Period only if and to the extent that the
Tax liability of the taxpayer (or of the consolidated, combined, or unitary group of which
it is a member) for such period, after taking into account the effect of the Tax Item on the
Tax liability of such taxpayer (or of the consolidated, combined, or unitary group of which
it is a member) in the current period and all prior periods, is less than it would have been
if such Tax liability were determined on a consistent basis without regard to such Tax Item,
taking into account the principles of Schedule I.

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     “Tax Detriment” means an increase in the Tax liability of a taxpayer (or of the
consolidated, combined, or unitary group of which it is a member) for any Taxable Period.
Except as otherwise provided in this Agreement, a Tax Detriment shall be deemed to have been
realized or received from a Tax Item in a Taxable Period only if and to the extent that the
Tax liability of the taxpayer (or of the consolidated, combined, or unitary group of which
it is a member) for such period, after taking into account the effect of the Tax Item on the
Tax liability of such taxpayer (or of the consolidated, combined, or unitary group of which
it is a member) in the current period and all prior periods, is more than it would have been
if such Tax liability were determined on a consistent basis without regard to such Tax Item,
taking into account the principles of Schedule I.

     “Tax Group” means either the FIS Group or the LPS Group, as the context
dictates.

     “Tax Group Parent” means either FIS, if the FIS Group is the Tax Group, or LPS,
if the LPS Group is the Tax Group.

     “Tax Item” means any item of income, gain, loss, deduction or credit, or other
attribute that may have the effect of increasing or decreasing any Tax.

     “Tax Losses” means all fees and costs (including reasonable outside
professional fees and costs incurred in connection with a Contest) that directly result
from, or relate to, Taxes.

     “Tax Opinion” means the tax opinion that Deloitte Tax LLP will deliver pursuant
to Section 5.7 of the Distribution Agreement.

     “Tax Return” means any return, report, certificate, form or similar statement
or document (including any related or supporting information or schedule attached thereto
and any information return, amended Tax return, claim for refund or declaration of estimated
Tax) supplied to, or filed with, a Tax Authority in connection with the determination,
assessment, or collection of any Tax or the administration of any laws, regulations, or
administrative requirements relating to any Tax, including where permitted or required any
Tax return filed on a consolidated, combined, unitary or other similar basis.

     “Tax Settlement” shall have the meaning set forth in Section 6.4(b) of this
Agreement.

     “Tax Sharing Agreement” means any tax sharing agreements, arrangements,
policies or guidelines, formal or informal, express or implied, which may exist between the
members of an affiliated group.

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     “Taxable Period” means, with respect to any Tax, the period for which the Tax
is reported as provided under the Code or any other applicable Tax laws.

     “Transactions” means the Contribution, Distribution, Debt Exchange, and
Preliminary Transactions.

     “Treasury Regulations” means the final and temporary Tax regulations
promulgated under the Code, as such regulations may be amended from time to time (including
corresponding provisions of successor regulations).

SECTION 2. TAX RETURNS, TAX SHARING PAYMENTS AND

GENERAL TAX ADMINISTRATIVE MATTERS.

	2.1	 	Agent for the LPS Group.

	 	(a)	 	LPS (on behalf of itself and each member of the LPS Group) hereby authorizes
and designates FIS and such other FIS Group member as may be appropriate as its agent
for the purpose of taking any and all actions necessary or incidental to the filing of
any FIS Return and, except as otherwise provided herein, for the purpose of making
payments to, or collecting refunds from, any Tax Authority in respect of a FIS Return.
	 
	 	(b)	 	FIS (on behalf of itself and each member of the FIS Group) hereby authorizes
and designates LPS and such other LPS Group member as may be appropriate as its agent
for the purpose of taking any and all actions necessary or incidental to the filing of
any LPS Return and, except as otherwise provided herein, for the purpose of making
payments to, or collecting refunds from, any Tax Authority in respect of a LPS Return.

	2.2	 	Filing of Returns.

	 	(a)	 	FIS shall prepare (or cause to be prepared) in a manner consistent with past
practice and shall timely file (or cause to be timely filed) all FIS Returns required
to be filed prior to the Distribution Date and LPS Returns required to be filed prior
to the Distribution Date.
	 
	 	(b)	 	FIS shall prepare (or cause to be prepared) in a manner consistent with past
practice and shall timely file (or cause to be timely filed) all FIS Returns that are
required to be filed after the Distribution Date.
	 
	 	(c)	 	LPS shall prepare (or cause to be prepared) in a manner consistent with past
practice and shall timely file (or cause to be timely filed) all LPS Returns required
to be filed after the Distribution Date.
	 
	 	(d)	 	At least 45 days before the due date (including extensions) of any Consolidated
Return or any Filing Party Combined Return that includes any Non-Filing Group

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	 	 	 	company and from time to time as reasonably requested thereafter, the Non-Filing
Party shall provide to the Filing Party all information relating to the Non-Filing
Group necessary to prepare the Tax Returns described in this Section 2.2. Such
information will be prepared in a manner consistent with past practices at the
expense of the Non-Filing Party. At least 2 weeks prior to filing, such
Consolidated Return or Filing Party Combined Return shall be provided to the
Non-Filing Party for review and approval, which approval shall not be unreasonably
withheld. If the Non-Filing Party proposes an adjustment to any Non-Filing Party
item on any Consolidated Return or Filing Party Combined Return, and the Filing
Party declines to accept such proposal, then the parties shall resolve their
disagreement in accordance with Section 8.5 of this Agreement; provided, however,
that if such dispute is not settled prior to the filing date of such return, then
the return may be filed without taking the Non-Filing Party’s proposal into account
but the amount payable pursuant to this Agreement pending the determination under
Section 8.5 will be determined as if such proposal was accepted; provided further,
that if it is ultimately concluded that the Filing Party was reasonable in rejecting
such proposal, the Non-Filing Party shall promptly pay with interest, as provided in
Section 4.3, all amounts not yet paid that would have been required to be paid had
the amounts required to be paid been calculated without taking such proposal into
account.
	 	(e)	 	Any disagreements with regard to any matters covered by this Section 2.2 shall
be resolved in accordance with Section 8.5 of this Agreement.

	2.3	 	Amended Returns.

	 	(a)	 	The Filing Party shall not file (or cause to be filed), without the prior
written consent of the Non-Filing Party (which consent shall not be unreasonably
withheld), any amended Consolidated Return or amended Combined Return which includes
any member of the Non-Filing Group if such return would result in a Tax Detriment to
any member of the Non-Filing Group for any Taxable Period. The consent of the
Non-Filing Party shall not be required if the Filing Party reimburses the Non-Filing
Party for any such Tax Detriment. In the event of disagreement over whether consent is
required or is being unreasonably withheld, the parties shall resolve their
disagreement in accordance with Section 8.5 of this Agreement.
	 
	 	(b)	 	The Filing Party, upon receipt of a written request by the Non-Filing Party,
shall file an amended Consolidated Return or amended Combined Return which includes any
member of the Non-Filing Group if such return would result in a Tax Benefit to any
member of the Non-Filing Group for any Taxable Period; provided, however, that if such
amended Consolidated Return or such amended Combined Return results in a Tax Detriment
to any member of the Filing Group, it shall be filed only upon the written consent of
the Filing Party (which consent shall not be unreasonably withheld) unless the
Non-Filing Party agrees to reimburse the Filing Group for any such Tax Detriment. In
the event of disagreement over whether consent is required or is being unreasonably
withheld,
the parties shall resolve their disagreement in accordance with Section 8.5 of this
Agreement.

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	2.4	 	Payment of Taxes.

	 	(a)	 	LPS shall pay (or cause to be paid) to the appropriate Tax Authority all Taxes,
if any, for Tax Returns which it is required to file (or caused to be filed) pursuant
to 2.2(c) of this Agreement.
	 
	 	(b)	 	FIS shall pay (or cause to be paid) to the appropriate Tax Authority all Taxes,
if any, for Tax Returns which it is required to file (or caused to be filed) pursuant
to Section 2.2 (a) and (b) of this Agreement.
	 
	 	(c)	 	In no event shall LPS’s obligations to pay, or cause to be paid, Taxes in
accordance with Section 2.4(a) of this Agreement relieve FIS from any of the
obligations imposed on it under Sections 4 and 5 of this Agreement to indemnify or
provide reimbursement for Taxes paid after the Distribution Date.
	 
	 	(d)	 	In no event shall FIS’s obligations to pay, or cause to be paid, Taxes in
accordance with Section 2.4(b) of this Agreement relieve LPS from any of the
obligations imposed on it under Sections 4 and 5 of this Agreement to indemnify or
provide reimbursement for Taxes paid after the Distribution Date.

	2.5	 	Treatment of Prior Tax Sharing Agreements.

	 	(a)	 	Except as otherwise provided in this Agreement, any Tax Sharing Agreements that may
exist between any LPS Group company, on the one hand, and the FIS Group or any FIS Group
company, on the other hand, shall terminate, and any obligations under any such agreements
or arrangements shall be cancelled, as of the Distribution Date, without any payment by any
party thereto.
	 
	 	(b)	 	Notwithstanding any other provision in this Agreement, the Tax Sharing Agreement between
FIS and NTI-NY shall remain in effect, with respect to any period of time during the tax
year in which termination occurs, for which the income of the NTY-NY must be included in the
FIS Consolidated Return. LPS will take all steps, as quickly as is reasonably possible, to
ratify the Tax Sharing Agreement between LPS and NTI-NY, to make all required regulatory
filings, and to obtain all necessary approvals.

	2.6	 	Tax Return Treatment to Reflect Private Letter Ruling and Tax Opinion.
	 
	 	 	All Tax Returns filed pursuant to this Section 2 after the Distribution Date shall be
prepared on a basis consistent with the rulings obtained from the Service in the Private
Letter Ruling and the Tax Opinion (in the absence of a relevant change in law or
circumstances).

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SECTION 3. ALLOCATION OF CERTAIN TAX ITEMS.

	3.1	 	Carryforwards and Carrybacks.

	 	(a)	 	The Filing Party shall notify the Non-Filing Party of any consolidated or
combined carryover item which may be partially or totally attributed to and carried
over by any member of the Non-Filing Group and will notify the Non-Filing Party of
subsequent adjustments which may affect such carryover item.
	 
	 	(b)	 	Notwithstanding any other provision of this Agreement, the Non-Filing Party
shall not be required to make any election under section 172(b)(3) of the Code, or any
similar provision of any state or local Tax law, to relinquish any right to carryback
net operating losses. Upon a request by the Non-Filing Party, the Filing Party shall
be required to include on an amended Consolidated Return or Combined Return that
includes any member of the Non-Filing Group any net operating losses of any such member
of the Non-Filing Group arising in a Post-Distribution Period to the extent allowed
under the Tax Law; and the Non-Filing Party shall be entitled to any payment with
respect to such carryforward or carryback; provided, however, that if the Filing Party
incurs a Tax Detriment related to the inclusion of such net operating losses on the
Consolidated Return or Combined Return, the Non-Filing Party shall indemnify the Filing
Party for the amount of such Tax Detriment.

	3.2	 	Refunds.
	 
	 	 	Any refund of Taxes resulting from an adjustment made to a Tax Return that includes one or
more LPS Group companies on the one hand, and FIS Group companies on the other, shall be
allocated in a manner such that a party responsible for indemnification of a Tax liability
for a particular Taxable Period pursuant to either Section 4 or Section 5 of this Agreement
will be entitled to any refunds with respect to such Tax for such Taxable Period, except as
provided in Section 3.1.

SECTION 4. GENERAL TAX INDEMNIFICATION PROVISIONS

	4.1	 	General Indemnification.

	 	(a)	 	After the Distribution Date, FIS shall indemnify and hold harmless, on an
After-Tax Basis, LPS and each other member of the LPS Group against any and all Taxes
(i) with respect to any FIS Return, except to the extent that any member of the LPS
Group or any income, profits or gains of any of the Dissolving Companies or any of the
Merged Companies caused an increase in the Tax liability on the Tax Return; (ii) with
respect to any LPS Return, to the extent that any member of the FIS Group caused an
increase in the Tax liability on the Tax Return; and (iii) with respect to any FIS
Group company for which any LPS Group company may be liable under section 1.1502-6 of
the Treasury
Regulations, or any successor provision thereto, or any provision of state or local
law comparable thereto.

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	 	(b)	 	After the Distribution Date, LPS will indemnify and hold harmless on an
After-Tax Basis FIS and each other member of the FIS Group against any and all Taxes
(i) with respect to any LPS Return, except to the extent that any member of the FIS
Group caused an increase in the Tax liability on the Tax Return; (ii) with respect to
any FIS Return, to the extent that any member of the LPS Group or any income, profits
and gains of any of the Dissolving Companies or any of the Merged Companies caused an
increase in the Tax liability on the Tax Return; and (iii) with respect to any LPS
Group company for which any FIS Group company may be liable under section 1.1502-6 of
the Treasury Regulations, or any successor provision thereto, or any provision of state
or local law comparable thereto.
	 
	 	(c)	 	If a party is entitled to indemnification for Taxes under this Section 4.1,
such party shall also be entitled to indemnification for any Tax Losses incurred in
connection with any such Taxes.
	 
	 	(d)	 	To the extent of any inconsistency in the indemnification for Taxes provided by
this Section 4.1 and the indemnification for Taxes arising out of the Transactions
provided by Section 5 of this Agreement, the provisions of Section 5 of this Agreement
shall control. For the avoidance of doubt, if the FIS Group or the LPS Group incurs a
Tax which is subject to indemnification under more than one section of this Agreement,
the Indemnitee shall only be entitled to recover the amount of such Tax once so as to
avoid duplicate recoveries of any such amounts.

	4.2	 	Allocation and Attribution of Taxes.

	 	(a)	 	In the case of Taxes arising in a Taxable Period that includes, but does not
end on, the Distribution Date, the allocation of Taxes between the Pre-Distribution
Period and the Post-Distribution Period shall be governed by Paragraph 5 of Schedule I.
	 
	 	(b)	 	The determination of whether a company caused an increase in the Tax liability
of a Consolidated Return or Combined Return shall be governed by Schedule I.

	4.3	 	Indemnity Payments.

	 	(a)	 	Except as otherwise provided under this Agreement, to the extent that any party
has an indemnification or payment obligation to another party pursuant to this
Agreement, the Indemnitee shall provide the Indemnifying Party with its calculation of
the amount of such obligation. Such calculation shall provide the Indemnifying Party
sufficient detail to permit the Indemnifying Party to reasonably understand the
calculations and the existence and correct amount of the Indemnified Liability. All
indemnification payments shall be made to such Indemnitee within thirty (30) days after
delivery by the Indemnitee to the

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	 	 	 	Indemnifying Party of written notice of a payment, or, if such Indemnified Liability
is contested pursuant to Section 6.2 of this Agreement, within thirty (30) days of
the incurrence of such an amount based on a Final Determination, together with a
computation of the amounts due. Any disputes with respect to indemnification
payments shall be resolved in accordance with Section 8.5 of this Agreement. In
the event of such dispute, any payment of an Indemnified Liability shall be made
within thirty (30) days of the date of the resolution of such dispute under Section
8.5 of this Agreement.
	 
	 	(b)	 	Any payment required under this Agreement in an amount in excess of one million
dollars ($1,000,000) shall be made by electronic funds transfer of immediately
available funds.
	 
	 	(c)	 	Notwithstanding any other provision of this Agreement, no payment of an
Indemnified Liability shall be required under this Section 4 to the extent it is
duplicative of any payment made pursuant to any other provision of this Agreement and
any such payment shall be made as required by such other provision.

	4.4	 	Interest.
	 
	 	 	Payments pursuant to this Agreement that are not made within the period prescribed shall
bear interest for the period from and including the date immediately following the last date
of the prescribed period through and including the date of payment at a per annum rate equal
to the rate provided under section 6621(c) of the Code. Such interest will be payable at
the same time as the payment to which it relates and will be calculated on the basis of a
year of 365 days and the actual number of days for which due.

SECTION 5. TRANSACTION TAX TREATMENT

AND INDEMNIFICATION PROVISIONS

	5.1	 	Representations, Covenants, and Agreements.

	 	(a)	 	The parties expressly agree for all purposes to treat the Distribution as a
tax-free distribution under section 355 and related sections of the Code, including
section 361(c) of the Code (“Section 355 Tax Treatment”).
	 
	 	(b)	 	Each of FIS and LPS expressly agrees (i) to comply (and to cause each of its
Affiliated Companies to comply) with the representations set forth in the Ruling
Documents and the Opinion Documents to the extent that the representations made therein
are descriptive of such party, (ii) not to take (and to cause each of its Affiliated
Companies not to take) any action within its control that would cause the Section 355
Tax Treatment not to apply (except where such action is required by law), and (iii) to
take (and to cause each of its Affiliated Companies to take) any and all actions
reasonably available to such party (or Affiliated Company),
and to cooperate with the other parties, to support and defend the Section 355 Tax
Treatment.

13

 

	 	(c)	 	FIS (on behalf of itself and all other members of the FIS Group) hereby
represents and warrants that it has reviewed the information and representations made
in the Ruling Documents and the Opinion Documents, and to its knowledge, all of such
information and representations are true, correct, and complete in all material
respects to the extent descriptive of or otherwise relating to FIS or any member of the
FIS Group.
	 
	 	(d)	 	LPS (on behalf of itself and all other members of the LPS Group) hereby
represents and warrants that it has reviewed the information and representations made
in the Ruling Documents and the Opinion Documents, and to its knowledge, all of such
information and representations are true, correct, and complete in all material
respects to the extent descriptive of or otherwise relating to LPS or any member of the
LPS Group.

	5.2	 	Special Restrictions.

	 	(a)	 	LPS shall not take any action within its control, and shall cause all other
members of the LPS Group to refrain from taking any action within their control, which
would result in a direct or indirect Acquisition (taking into account the stock
aggregation and attribution rules of section 355(e)) by one or more persons in the
two-year period following the Distribution Date.
	 
	 	(b)	 	LPS (on behalf of itself and all other members of the LPS Group) hereby
confirms and agrees that (i) neither LPS nor any other member of the LPS Group will,
directly or indirectly, pre-pay, pay down, redeem, retire, or otherwise acquire,
however effected, any of the LPS Securities prior to its stated maturity, other than
through scheduled amortization payments and any mandatory prepayment amount made in
accordance with the terms of the LPS Securities; and (ii) neither LPS nor any member of
the LPS Group will take or permit to be taken any action at any time, including,
without limitation, any modification to the terms of any of the LPS Securities, that
could jeopardize, directly or indirectly, the qualification, in whole or in part, of
any of the LPS Securities as “securities” within the meaning of section 361(c) of the
Code.
	 
	 	(c)	 	The transactions described in Subsections (a) and (b) of Section 5.2 shall be
referred to a “LPS Capital Transactions.” The restrictions on LPS Capital
Transactions shall not apply if the LPS Capital Transaction Process is satisfied. As
used herein, the “LPS Capital Transaction Process” shall be satisfied if all
the following requirements are satisfied:

	 	i.	 	LPS notifies FIS of the proposed LPS Capital Transaction;

14

 

	 	ii.	 	LPS obtains either (a) an opinion of a nationally recognized
law firm or accounting firm to the effect that such LPS Capital Transaction
would not cause the Transactions to be taxable, in whole or in part, or (b) the
written consent of FIS’s General Counsel or senior tax officer; and
	 
	 	iii.	 	LPS provides a copy of the opinion or consent described in
Section 5.2(c)(ii) of this Agreement to FIS.

	5.3	 	Indemnification for Transaction Taxes and Adverse Consequences

	 	(a)	 	Notwithstanding whether any action is permitted or consented to hereunder and
notwithstanding anything else to the contrary contained herein, LPS shall indemnify and
hold harmless FIS from and against, and will reimburse FIS for all Taxes and Adverse
Consequences arising out of, based upon or relating or attributable to (i) any breach
of or inaccuracy in any representation, covenant or obligation of any member of the LPS
Group under Section 5.1 or 5.2 of this Agreement or (ii) the Transactions to the extent
such Taxes or Adverse Consequences arise as a result of any action taken by LPS or any
member of the LPS Group (other than the repayment of the LPS Securities prior to the
stated maturity in accordance with the terms of the LPS Securities) following the
Distribution and, in the case of Adverse Consequences, arise as a result of the
imposition of Taxes on FIS, LPS or the FIS stockholders. For the avoidance of doubt,
LPS shall not be relieved of its obligations under this Section 5.3(a) merely because
it has satisfied the LPS Capital Transactions Process.
	 
	 	(b)	 	Notwithstanding whether any action is permitted or consented to hereunder and
notwithstanding anything else to the contrary contained herein, FIS shall indemnify and
hold harmless LPS, on an After-Tax Basis, from and against, and will reimburse LPS for
all Taxes and Adverse Consequences arising out of, based upon or relating or
attributable to (i) any breach of or inaccuracy in any representation, covenant or
obligation of any member of the FIS Group under Section 5.1 or 5.2 of this Agreement or
(ii) the Transactions to the extent such Taxes or Adverse Consequences arise as a
result of any action taken by FIS or any member of the FIS Group following the
Distribution and, in the case of Adverse Consequences, arise as a result of the
imposition of Taxes on FIS, LPS or the FIS stockholders.

	5.4	 	Indemnification Payments.
	 
	 	 	The payments of any indemnification required under this Section 5 shall be made in
accordance with the terms of Sections 4.3 and 4.4 of this Agreement.

15

 

SECTION 6. AUDITS AND CONTEST RIGHTS.

	6.1	 	Notice.
	 
	 	 	If, after the Distribution Date, any member of a Tax Group receives written notice of, or
relating to, an Audit from a Tax Authority that asserts, proposes or recommends a
deficiency, claim or adjustment that, if sustained, could result in Taxes for which any
member of the Other Tax Group is responsible under this Agreement, then the Tax Group Parent
of the Tax Group receiving such notice shall provide or cause to be provided a copy of such
notice to the Other Tax Group promptly thereafter, but, in any case, within ten (10)
Business Days of receipt thereof. Each Tax Group Parent shall forward or cause to be
forwarded to the Other Tax Group relevant portions of any reports or other communications
which relate to such matters.

	6.2	 	Contests.

	 	(a)	 	Except as otherwise provided in this Agreement, the respective Filing Party
shall have the right to control, contest, and represent the interest of any FIS Group
company or any LPS Group company in any Contest relating to any Tax Return described in
Section 2.2 or 2.3 of this Agreement (other than a Tax Return described in Section
6.2(b) or (c) of this Agreement) and, subject to Section 6.4(b) of this Agreement, to
resolve, settle or agree to any deficiency, claim or adjustment proposed, asserted or
assessed in connection with or as a result of any such Contest. The Filing Party’s
rights shall extend to any matter pertaining to the management and control of an Audit,
including execution of waivers, choice of forum, scheduling of conferences and the
resolution of any Tax Item.
	 
	 	(b)	 	Except as otherwise provided herein, after the date of execution of this
Agreement, in the case of a Contest that relates to a Tax Return for a Taxable Period
beginning before the Distribution Date (or any item relating thereto or reported
thereon) which would give rise to an Indemnification Liability under this Agreement, of
an Indemnifying Party that is not the Filing Party with respect to such Tax Return, the
Indemnifying Party shall have the right at its expense to participate in and control
the conduct of such Contest. If the Indemnifying Party does not assume the defense of
any such Contest for a Pre-Distribution Period, the Filing Party may defend the same in
such manner as it may deem appropriate, including, but not limited to, settling such
Contest after giving ten (10) Business Days’ prior written notice to the Indemnifying
Party setting forth the terms and conditions of settlement. In the event of a Contest
covered by the first sentence of this paragraph that involves issues (i) relating to a
potential adjustment for which the Indemnifying Party has liability and (ii) that are
required to be dealt with in a proceeding that also involves separate issues relating
to a potential adjustment for which any Indemnitee would be liable, the Indemnitee
shall have the right at its expense to control the Contest but only with respect to the
latter issues.

16

 

	 	(c)	 	With respect to a Contest involving an issue for which both (i) any FIS Group
company and (ii) any LPS Group company could be liable, both parties may participate in
the Contest, and the Contest may be controlled by that party which would bear the
burden of the greater portion of the sum of the adjustment and any corresponding
adjustments that may reasonably be anticipated for future Taxable Periods. The
principle set forth in the immediately preceding sentence shall govern also for
purposes of deciding any issue that must be decided jointly (including, without
limitation, choice of judicial forum) in situations in which separate issues are
otherwise controlled under this Section 6.2 by FIS or by LPS.
	 
	 	(d)	 	The party that is controlling any Contest pursuant to Sections 6.2(b) and (c)
of this Agreement (the “Controlling Party”):

	 	(i)	 	in the case of any material correspondence or filing submitted
to the Tax Authority or any judicial authority that relates to the merits of
the deficiency, claim or adjustment that is the subject of such Contest shall
(A) reasonably in advance of such submission, but subject to applicable time
constraints imposed by such Tax Authority or judicial authority, provide the
other party (the “Non-Controlling Party”) with a draft copy of the
portion of such correspondence or filing that relates to such deficiency, claim
or adjustment, (B) incorporate, subject to applicable time constraints imposed
by such Tax Authority or judicial authority, the Non-Controlling Party’s
reasonable comments and changes on such draft copy of such correspondence or
filing, and (C) provide the Non-Controlling Party with a final copy of the
portion of such correspondence or filing that relates such deficiency, claim or
adjustment; and
	 
	 	(ii)	 	shall provide the Non-Controlling Party with notice reasonably
in advance of, and the Non-Controlling Party shall have the right to attend,
any meetings with the Tax Authority (including meetings with examiners) or
hearings or proceedings before any judicial authority to the extent they relate
to the deficiency, claim or adjustment that is the subject of such Contest.

	6.3	 	Judicial Appeals.
	 
	 	 	In the event that a judgment of the United States Tax Court or other court of competent
jurisdiction results in an adverse determination with respect to a matter described in
Sections 6.2(b) and (c) of this Agreement, then, subject to Section 6.4(b):

	 	(a)	 	In the case of an appeal of an adverse determination, which involves no
material issues other than matters for which the Non-Filing Party would be the
Indemnifying Party pursuant to this Agreement, the Non-Filing Party shall have the
right to cause the Filing Party to appeal from such adverse determination.

17

 

	 	(b)	 	In the case of an appeal of any other adverse determination which involves
material issues other than those for which the Non-Filing Party would be the
Indemnifying Party pursuant to this Agreement and the Filing Party determines not to
appeal such adverse determination, the Non-Filing Party shall have the right to cause
the Filing Party to appeal from such adverse determination if the Non-Filing Party
delivers to the Filing Party an opinion from an independent tax counsel or accountant
selected by the Non-Filing Party and reasonably acceptable to the Filing Party that it
is more likely than not that such appeal will succeed and the amount in controversy
exceeds $100,000. The Filing Party shall give written notice to the Non-Filing Party
of its determination of whether to appeal an adverse determination pursuant to this
Section 6.3(b) not less than 20 days prior to any applicable filing deadline.
	 
	 	(c)	 	In the case of an adverse determination which involves matters for which the
Filing Party would be the Indemnifying Party pursuant to this Agreement and, within
such determination, material matters for which the Non-Filing Party would be the
Indemnifying Party pursuant to this Agreement were favorably disposed, the Non-Filing
Party shall have the right to prevent the Filing Party from appealing from such adverse
determination unless the Filing Party delivers to the Non-Filing Party an opinion from
an independent tax counsel selected by the Filing Party and reasonably acceptable to
the Non-Filing Party that it is more likely than not that such appeal will succeed.
	 
	 	(d)	 	If the Non-Filing Party causes the Filing Party to appeal any adverse
determination pursuant to this Section 6.3, the Non-Filing Party shall pay the
reasonable costs, including legal fees, of the Filing Party incurred in such appeal.

	6.4	 	Limitations.

	 	(a)	 	The Non-Filing Party shall have a right to contest any deficiency, claim or
adjustment in accordance with Section 6.2 of this Agreement only if:

	 	(i)	 	within thirty (30) Business Days of a reasonable request by the
Filing Party, the Non-Filing Party delivers to the Filing Party a written
opinion of a nationally recognized tax attorney or tax accountant that is a
member of a recognized law firm or accounting firm, to the effect that the
Non-Filing Party’s position with respect to such deficiency, claim or
adjustment is supported by a reasonable basis (within the meaning of section
1.6662-3(b)(3) of the Treasury Regulations); provided that this Section
6.4(a)(i) shall not apply to with respect to positions relating to the Tax
consequences of the Distribution.
	 
	 	(ii)	 	the Non-Filing Party has agreed to be bound by a Final
Determination of such deficiency, claim or adjustment;

18

 

	 	(iii)	 	the Non-Filing Party has agreed to pay, and is currently
paying, all reasonable costs and expenses incurred by the Filing Party to
contest such deficiency, claim or assessment including reasonable outside
attorneys’, accountants’ and investigatory fees and disbursements to the extent
such costs relate to the issue being contested by the Non-Filing Party;
	 
	 	(iv)	 	the Non-Filing Party shall have advanced to the Filing Party,
on an interest-free basis (and with no additional net after-tax cost to the
Filing Party), the amount of Tax in controversy (but not in excess of the
lesser of (A) the amount of Tax for which the Non-Filing Party could be liable
under this Agreement or (B) the amounts actually expended by the Filing Party
for this item) to the extent necessary for the contest to proceed in the forum
selected by the Controlling Party; and
	 
	 	(v)	 	the Non-Filing Party shall have provided to the Filing Party
all documents and information, and shall have made available employees and
officers of the Non-Filing Party, as have been reasonably requested by the
Filing Party in contesting such deficiency, claim or adjustment.

	 	(b)	 	The Filing Party shall not settle, compromise or otherwise resolve any Tax
matter relating to Taxes with respect to a Pre-Distribution Period (a “Tax
Settlement”) without the prior written consent of the Non-Filing Party (which
consent shall not be unreasonably withheld) if such Tax Settlement is reasonably likely
to materially increase the Tax paid by the Non-Filing Party with respect to any Tax not
subject to indemnification under this Agreement; provided, however, that in the event
that the Non-Filing Party does not consent and the Filing Party reasonably believes
that the withholding of consent was unreasonable, or the Filing Party reasonably
believes that no consent of the Non-Filing Party is required, the parties shall resolve
their disagreement in accordance with Section 8.5 of this Agreement.
	 
	 	(c)	 	Notwithstanding any other provision of this Section 6.4, the Filing Party may
resolve, settle, or agree to any deficiency, claim or adjustment for any Taxable Period
if the Filing Party waives its right to indemnity with respect to such Tax Item. In
such event, the Filing Party shall promptly reimburse the Non-Filing Party for all
amounts previously advanced by the Non-Filing Party to the Filing Party in connection
with such deficiency, claim or adjustment under Section 6.4(a)(iv) of this Agreement.
In addition, except with respect to settlements described in Section 6.4(b) above, the
Filing Party shall reimburse the Non-Filing Party for any Tax Detriment that directly
results from the settlement of such deficiency, claim or adjustment. No waiver by the
Filing Party under this Section 6.4(c) with respect to any deficiency, claim or
adjustment relating to any single Tax Item, position, issue or transaction or relating
to any single Tax for any one Taxable Period shall operate as a waiver with respect to
any other deficiency, claim or adjustment.

19

 

	6.5	 	Failure to Notify.
	 
	 	 	The failure of the Filing Party promptly to notify the Non-Filing Party of any matter
relating to a particular Tax for a Taxable Period or to take any action specified in Section
6.2 of this Agreement shall not relieve the Non-Filing Party of any liability and/or
obligation which it may have to the Filing Party under this Agreement with respect to such
Tax for such Taxable Period except to the extent that the Non-Filing Party’s rights
hereunder are materially prejudiced by such failure and in no event shall such failure
relieve the Non-Filing Party of any other liability and/or obligation which it may have to
the Filing Party.
	 
	6.6	 	Remedies.
	 
	 	 	Except as otherwise provided in this Agreement, the parties hereby agree that the sole and
exclusive remedy for a breach by the Filing Party of the Filing Party’s obligations to the
Non-Filing Party with respect to a deficiency, claim or adjustment relating to the
redetermination of a Tax Item of the Non-Filing Party for a Taxable Period shall first be a
reduction in the amount that would otherwise be payable by the Non-Filing Party for such
Taxable Period and then an increase in amount that would otherwise be payable by the Filing
Party for such Taxable Period, in either case because of the breach. The parties further
agree that no claim against the Filing Party and no defense to the Non-Filing Party’s
liabilities to the Filing Party under this Agreement shall arise from the resolution by the
Filing Party of any deficiency, claim or adjustment relating to the redetermination of any
Tax Item of the Filing Party.

SECTION 7. COOPERATION.

	7.1	 	Provision of Information and Documents.
	 
	 	 	FIS and LPS shall cooperate and provide each other with all documents and information, and
provide access to employees and officers of any member of the FIS Group or the LPS Group,
respectively, as reasonably requested by the other party, on a mutually convenient basis
during normal business hours (and promptly reimburse the other party for any out-of-pocket
costs incurred by a party in providing such cooperation) to aid the other party in preparing
any Tax Return described in Section 2.2 or 2.3 of this Agreement or to contest any Audit of
any such Tax Return or to obtain any opinion referred to in Section 5.2, including, without
limitation, the making of representations (to the extent such representations are true) in
connection with obtaining any such opinion. Such cooperation shall include, without
limitation:

	 	(a)	 	the retention and provision on reasonable request of any and all information
including all books, records, documentation or other information, any necessary
explanations of information, and access to personnel, until the expiration of the
applicable statute of limitation for additional assessments of Tax for the Taxable
Period for which such document or other information arises (giving effect to any
extension, waiver, or mitigation thereof);

20

 

	 	(b)	 	within the limits otherwise set forth herein, the execution by such party of
any document that is relevant and may be necessary or helpful in connection with any
Tax Return or in connection with any Contest;
	 
	 	(c)	 	the use of the parties’ reasonable best efforts to obtain any documentation
from a governmental authority or a third party that may be necessary or helpful in
connection with the foregoing; and
	 
	 	(d)	 	informing the other party on a timely basis as to the status and progress of
all matters related to a Contest under Section 6.2 of this Agreement. Each party shall
provide the other party, within 10 days of the receipt thereof, with copies of all
written communications received from any Tax Authority relating to any such Contest,
appropriately redacted for any unrelated issues also discussed therein.

	7.2	 	Special Rules Regarding Information Required for Tax Return Preparation.
	 
	 	 	The Non-Filing Party will provide employees or representatives of the Filing Party
responsible for preparing its Tax Returns access to any relevant information, including any
Ruling Documents, Opinion Documents, or Tax Opinion, not in the possession of the Filing
Party, as it relates to the Filing Party or any member of the Filing Group, and will provide
the Filing Party with a copy of such relevant information to the extent that the issues
discussed therein are relevant to the Filing Party or any member of the Filing Group within
a reasonable time thereafter, but, in any case, not later than five (5) Business Days after
the receipt of a written request therefor.
	 
	7.3	 	Consultations With Regard to Tax Items.
	 
	 	 	FIS and LPS shall advise and consult with each other with respect to any Tax election or the
Tax treatment of any item (including the treatment of any item that would be affected by a
proposed Tax adjustment relating to a Consolidated Return or Combined Return which is the
subject of an Audit or investigation, or is the subject of any proceeding or litigation)
which could affect any Tax attribute of the other party or the Other Tax Group (including,
but not limited to, basis in an asset or the amount of earnings and profits).
	 
	7.4	 	Limitations on Cooperation.
	 
	 	 	In the event that a Filing Party determines that the provision of any information to any
member of the Other Tax Group could be commercially detrimental, violate any law or
agreement, or waive any privilege that may be asserted under applicable law including any
privilege arising under or relating to the attorney-client relationship (including the
attorney-client and work product privileges), the parties shall take reasonable measures to
permit the compliance with such obligations in a manner that avoids any such harm or
consequence.

21

 

SECTION 8. MISCELLANEOUS.

	8.1	 	Effectiveness.
	 
	 	 	This Agreement shall become effective as of the Distribution Date.
	 
	8.2	 	Notices.
	 
	 	 	All notices and other communications hereunder shall be in writing and hand delivered or
mailed by registered or certified mail (return receipt requested) or sent by any means of
electronic message transmission with delivery confirmed (by voice or otherwise) to the
parties at the following addresses (or at such other addresses for a party as shall be
specified by like notice) and will be deemed given on the date on which such notice is
received:

TO LPS:

Lender Processing Services, Inc.

601 Riverside Avenue

Jacksonville, FL 32204

Attention:     Richard Cox, Senior Vice President and Corporate Tax Director

With a copy to the General Counsel at the above address

TO FIS:

Fidelity National Information Services, Inc.

601 Riverside Avenue

Jacksonville, FL 32204

Attention:     Richard Cox, Senior Vice President and Corporate Tax Director

With a copy to the General Counsel at the above address

And to such other persons or places as each party may from time to time designate by written notice
sent as aforesaid.

	8.3	 	Changes in Law.

	 	(a)	 	Any reference to a provision of the Code or any other Tax law shall include a
reference to any applicable successor provision or law.
	 
	 	(b)	 	If, due to any change in applicable law or regulations or their interpretation
by any court of law or other governing body having jurisdiction subsequent to the
Distribution Date, performance of any provision of this Agreement or any transaction
contemplated thereby shall become impracticable or impossible, the parties hereto shall
use their commercially reasonable efforts to find and employ
an alternative means to achieve the same or substantially the same result as that
contemplated by such provision.

22

 

	8.4	 	Consent.
	 
	 	 	Whenever this Agreement specifies that consent is not to be unreasonably withheld, the
determination shall take into account, among other things, the relative amount of potential
Tax exposure or refund involved for FIS Group companies on the one hand and the LPS Group
companies on the other hand, and if the consent relates to bringing proceedings in one venue
rather than another, the impact on such decision on such interests of each group. Any
controversy or refusal of consent shall be resolved pursuant to Section 8.5 of this
Agreement.
	 
	8.5	 	Dispute Resolution.

	 	(a)	 	Amicable Resolution. FIS and LPS mutually desire that friendly collaboration
continue between them. Accordingly, they will try, and they will cause their
respective group members to try, to resolve in an amicable manner all disagreements and
misunderstandings connected with their respective rights and obligations under this
Agreement. In furtherance thereof, in the event of any dispute or disagreement (a
“Dispute”) between any FIS Group member and any LPS Group member as to the
interpretation of any provision of this Agreement (or the performance of obligations
hereunder), the matter, upon written request of either party, will be referred for
resolution to a steering committee established pursuant to Section 7.3(a) of the
Distribution Agreement (the “Steering Committee”). The Steering Committee will
have two members, one of whom will be appointed by FIS and the other of whom will be
appointed by LPS, and each of whom shall be a senior executive of the party appointing
the member. The Steering Committee will make a good faith effort to promptly resolve
all Disputes referred to it. Steering Committee decisions will be unanimous and will
be binding on FIS and LPS. If the Steering Committee does not agree to a resolution of
a Dispute within 30 days after the reference of the matter to it, then the parties will
be free to exercise the remedies available to them under applicable law, subject to
Sections 8.5(b) and 8.5(c).
	 
	 	(b)	 	Mediation. If the Steering Committee is unable to resolve any Dispute as
contemplated by Section 8.5(a), either FIS or LPS may demand mediation of the Dispute
by written notice to the other in which case the two parties will select a mediator
within 14 days after the demand. Neither party may unreasonably withhold consent to
the selection of the mediator. Each of FIS and LPS will bear its own costs of
mediation but both parties will share the costs of the mediator equally.
	 
	 	(c)	 	Arbitration. In the event that the Dispute is not resolved in an amicable
manner as set forth in Section 8.5(a) or through mediation pursuant to Section 8.5(b),
the latter within 30 days of the submission of the Dispute to mediation, either party

23

 

	 	 	 	involved in the Dispute may submit the dispute to binding arbitration pursuant to
this Section 8.5(c). All Disputes submitted to arbitration pursuant to this Section
8.5(c) shall be resolved in accordance with the Commercial Arbitration Rules of the
American Arbitration Association, unless either party involved elects to utilize an
independent referee (“Referee”) mutually acceptable to the parties, in which
event all references herein to the American Arbitration Association shall be deemed
modified accordingly. Expedited rules shall apply regardless of the amount at
issue. Arbitration proceedings hereunder may be initiated by either party making a
written request to the American Arbitration Association, together with any
appropriate filing fee, at the office of the American Arbitration Association in
Orlando, Florida. The arbitration shall be by a single qualified arbitrator
(“Arbitrator”) experienced in the matters at issue, such Arbitrator to be
mutually agreed upon by FIS and LPS. If the parties fail to agree on an Arbitrator
within 30 days after notice of commencement of arbitration, the American Arbitration
Association shall, upon the request of any party to the dispute or difference,
appoint the Arbitrator. All arbitration proceedings shall be held in the city of
Jacksonville, Florida in a location to be specified by the Arbitrator (or any place
agreed to by the parties and the Arbitrator). Any order or determination of the
arbitral tribunal shall be final and binding upon the parties to the arbitration as
to matters submitted and may be enforced by any party to the Dispute in any court
having jurisdiction over the subject matter or over any of the parties. The parties
agree that the length of time to be provided in any arbitration action to conduct
discovery shall be limited to 90 days, the length of time to conduct the arbitration
hearing shall be limited to ten days (with each party having equal time) and that
the Arbitrator shall be required to render his or her decision within 30 days of the
completion of the arbitration hearing. All costs and expenses incurred by the
Arbitrator shall be shared equally by the parties. Each party shall bear its own
costs and expenses in connection with any such arbitration proceeding. The use of
any alternative dispute resolution procedures hereunder will not be construed under
the doctrines of laches, waiver or estoppel to affect adversely the rights of either
party.
	 	(d)	 	Non-Exclusive Remedy.

	 	i.	 	Nothing in this Section 8.5 shall prevent either FIS or LPS
from commencing formal litigation proceedings or seeking injunctive or similar
relief if any delay resulting from efforts to mediate such Dispute could result
in serious and irreparable injury to FIS, LPS or any member of either party’s
group.
	 
	 	ii.	 	Nothing in this Section 8.5 shall prevent either FIS or LPS
from immediately seeking injunctive or interim relief in the event of any
actual or threatened breach of any confidentiality provisions of the
Distribution Agreement. If an arbitral tribunal has not been appointed with
respect to

24

 

	 	 	 	any Dispute at the time of such actual or threatened breach, then either
party may seek such injunctive or interim relief from any court with
jurisdiction over the matter. If an arbitral tribunal has been appointed
with respect to any Dispute at the time of such actual or threatened breach,
then the parties agree to submit to the jurisdiction of the state and
federal courts of Duval County, Florida, pursuant to Section 7.2 of the
Distribution Agreement, with respect to such matter.

	 	(e)	 	Commencement of Dispute Resolution Procedure. Notwithstanding anything to the
contrary in this Agreement, FIS and LPS are the only members of their respective group
entitled to commence a dispute resolution procedure under this Agreement, whether
pursuant to this Section 8.5 or otherwise, and each party will cause its respective
group members not to commence any dispute resolution procedure other than through such
party as provided in this Section 8.5(e).

	8.6	 	Authorization.
	 
	 	 	Each of the parties hereto hereby represents and warrants (a) that it has the power and
authority to execute, deliver and perform this Agreement, (b) that this Agreement has been
duly authorized by all necessary corporate action on the part of each such party, (c) that
this Agreement constitutes a legal, valid and binding obligation of each such party and (d)
that the execution, delivery and performance of this Agreement by such party does not
contravene or conflict with any provision of law or of its charter or bylaws or any
agreement, instrument or order binding on such party.
	 
	8.7	 	Successors.
	 
	 	 	The provisions to this Agreement shall be binding upon, inure to the benefit of and be
enforceable by the parties and their respective successors and permitted assigns.
	 
	8.8	 	Assignment.
	 
	 	 	Except for assignments or transfers by operation of law, this Agreement shall not be
assignable, in whole or in part, directly or indirectly, by any party hereto without the
prior written consent of the other party hereto, which consent shall not be unreasonably
withheld, and any attempt to assign any rights or obligations arising under this Agreement
without such consent shall be void.
	 
	8.9	 	Entire Agreement.
	 
	 	 	This Agreement contains the entire agreement between the parties hereto with respect to the
subject matter hereof and shall supersede all previous negotiations, commitments and
writings with respect to such subject matter.

25

 

	8.10	 	Governing Law.
	 
	 	 	This Agreement shall be governed by and construed and enforced in accordance with the laws
of the State of Florida applicable to contracts made and to be performed in the State of
Florida.
	 
	8.11	 	Counterparts.
	 
	 	 	This Agreement may be executed in one or more counterparts, all of which shall be considered
one and the same agreement, and shall become effective when one or more such counterparts
have been signed by each of the parties and delivered to the other parties.
	 
	8.12	 	Severability.
	 
	 	 	In the event any one or more of the provisions contained in this Agreement should be held
invalid, illegal or unenforceable in any respect, the validity, legality and enforceability
of the remaining provisions contained herein shall not in any way be affected or impaired
thereby. The parties shall endeavor in good-faith negotiations to replace the invalid,
illegal or unenforceable provisions with valid provisions, the economic effect of which
comes as close as possible to that of the invalid, illegal or unenforceable provisions.
	 
	8.13	 	No Third Party Beneficiaries.
	 
	 	 	Except as otherwise provided herein, this Agreement is solely for the benefit of the FIS
Group and the LPS Group. This Agreement should not be deemed to confer upon third parties
any remedy, claim, liability, reimbursement, claim of action or other rights in excess of
those existing without reference to this Agreement.
	 
	8.14	 	Waivers.
	 
	 	 	The failure of any party to require strict performance by any other party of any provision
in this Agreement will not waive or diminish that party’s right to demand strict performance
thereafter of that or any other provision hereof.
	 
	8.15	 	Setoff.
	 
	 	 	All payments to be made by any party under this Agreement may be netted against payments due
to such party under this Agreement, but otherwise shall be made without setoff, counterclaim
or withholding, all of which are hereby expressly waived.
	 
	8.16	 	Amendments.
	 
	 	 	This Agreement may not be modified or amended except by an agreement in writing signed by
each of the parties hereto.

26

 

	8.17	 	Schedules.
	 
	 	 	Schedules I and II shall be construed with and as an integral part of this Agreement to the
same extent as if the same had been set forth verbatim herein.

     IN WITNESS WHEREOF, each of the parties hereto has caused this Agreement to be executed by a
duly authorized officer as of the date first above written.

	 	 	 	 	 
	 	FIDELITY NATIONAL INFORMATION SERVICES, INC.

 	 
	 	 	 
	 	By:  	                       /s/ Lee A. Kennedy
 	 
	 	 	Lee A. Kennedy 	 
	 	 	President and Chief Executive Officer 	 
	 
	 	LENDER PROCESSING SERVICES, INC.

 	 
	 	 	 
	 	By:  	                       /s/ Jeffrey S. Carbiener
 	 
	 	 	Jeffrey S. Carbiener 	 
	 	 	President and Chief Executive Officer 	 
	 

27exv10w2

Exhibit 10.2

FIS CORPORATE AND TRANSITIONAL SERVICES AGREEMENT

     This Corporate and Transitional Services Agreement (this “Agreement”) is dated as of July 2,
2008, by and between FIDELITY NATIONAL INFORMATION SERVICES, INC., a Georgia corporation (“FIS” or
“PROVIDING PARTY”), and LENDER PROCESSING SERVICES, INC., a Delaware corporation (“LPS” or
“RECEIVING PARTY”). FIS and LPS shall be referred to together in this Agreement as the “Parties”
and individually as a “Party.”

          WHEREAS, in connection with the consummation of the transactions (the “Transactions”)
contemplated by that certain Contribution and Distribution Agreement dated as of June 13, 2008 (the
“Contribution Agreement”), between FIS and LPS, the Parties wish to enter into a separate agreement
for the provision of certain services by FIS and its Subsidiaries to LPS and its Subsidiaries; and

     WHEREAS, capitalized terms used herein and not otherwise defined shall have the meanings
ascribed thereto in the Contribution Agreement;

     NOW THEREFORE, in consideration of the premises, and of the representations, warranties,
covenants and agreements set forth herein, and for other good and valuable consideration, the
receipt and sufficiency of which are hereby acknowledged, the Parties hereto agree as follows:

ARTICLE I

CORPORATE SERVICES

     1.1 Corporate Services. This Agreement sets forth the terms and conditions for the
provision by PROVIDING PARTY to RECEIVING PARTY of various corporate services and products, as more
fully described below and in Schedule 1.1(a) attached hereto (the Scheduled Services, the
Omitted Services, the Resumed Services and Special Projects (as defined below), collectively, the
“Corporate Services”).

          (a) Scheduled Services. PROVIDING PARTY, through its Subsidiaries and Affiliates
(each as defined below), and their respective employees, agents or contractors, shall provide or
cause to be provided to RECEIVING PARTY and its Subsidiaries all services set forth on Schedule
1.1(a) (the “Scheduled Services”) on and after the date on which the Distribution occurs (the
“Effective Date”), with such services to be provided to RECEIVING PARTY’s Subsidiaries as they
become Subsidiaries of RECEIVING PARTY, subject to the exception in clause (ii) of Section
1.2(a). RECEIVING PARTY shall pay fees to PROVIDING PARTY for providing the Scheduled Services
or causing the Scheduled Services to be provided as set forth in Schedule 1.1(a). For
purposes of this Agreement, “Subsidiary” means, with respect to either Party, any corporation,
partnership, company or other entity of which such Party controls or owns, directly or indirectly,
more than fifty percent (50%) of the stock or other equity interest entitled to vote on the
election of the members to the board of directors or similar governing body, or otherwise has the
power to elect a majority of the members to the board of directors or similar governing body; and
“Affiliate” means, with respect to either Party, any corporation, partnership, company, or other
entity that directly, or indirectly through one or more intermediaries, controls, is controlled by,
or is under common control with, such specified Party.

1

 

As used herein, “control” means the possession, directly or indirectly, of the power to direct
or cause the direction of the management and policies of such entity, whether through ownership of
voting securities or other interests, by contract or otherwise.

          (b) Omitted Services. PROVIDING PARTY, through its Subsidiaries and Affiliates, and
their respective employees, agents or contractors, shall provide or cause to be provided to
RECEIVING PARTY and its Subsidiaries all services that PROVIDING PARTY was performing for RECEIVING
PARTY and its Subsidiaries on or before the Effective Date that pertain to and are a part of
Scheduled Services under Section 1.1(a) (with such services to be provided to RECEIVING
PARTY’s Subsidiaries as they become Subsidiaries of RECEIVING PARTY, subject to the exception in
clause (ii) of Section 1.2(a)), which are not expressly included in the list of Scheduled
Services in Schedule 1.1(a), but are required to conduct the business of RECEIVING PARTY
and its Subsidiaries (the “Omitted Services”), unless RECEIVING PARTY consents in writing to the
termination of such services. Such Omitted Services shall be added to Schedule 1.1(a) and
thereby become Scheduled Services, as soon as reasonably practicable after the Effective Date by
the Parties. In the event that RECEIVING PARTY or its Subsidiaries had been allocated charges or
otherwise paid PROVIDING PARTY or its Subsidiaries for Omitted Services immediately prior to the
Effective Date, RECEIVING PARTY shall pay to PROVIDING PARTY for providing the Omitted Services (or
causing the Omitted Services to be provided hereunder) fees equal to the actual fees paid for such
Omitted Services immediately preceding the Effective Date; provided, that payment of such
fees by RECEIVING PARTY for the Omitted Services provided hereunder shall be retroactive to the
first day of the calendar quarter in which either Party identifies such services as Omitted
Services, but in no event shall RECEIVING PARTY be required to pay for any Omitted Services
provided hereunder by PROVIDING PARTY or its Subsidiaries or Affiliates prior to the Effective
Date. In the event that RECEIVING PARTY or its Subsidiaries had not been allocated charges or
otherwise paid PROVIDING PARTY or its Subsidiaries or Affiliates for such Omitted Services
immediately prior to the Effective Date, the Parties shall negotiate in good faith a fee to be
based on the cost of providing such Omitted Services, which shall in no event be less than the
Default Fee (as defined below); provided, that payment of such fees by RECEIVING PARTY for
the Omitted Services provided hereunder by PROVIDING PARTY shall be retroactive to the first day of
the calendar quarter in which either Party identifies such services as Omitted Services, but in no
event shall RECEIVING PARTY be required to pay for any such Omitted Services provided hereunder by
PROVIDING PARTY or its Subsidiaries or Affiliates prior to the Effective Date. The “Default Fee”
means an amount equal to one hundred fifty percent (150%) of the salary of each full-time employee,
on an hourly basis, who provides the applicable Corporate Service or Transition Assistance (as
defined in Section 2.3).

          (c) Resumed Services. At RECEIVING PARTY’s written request, PROVIDING PARTY, through
its Subsidiaries and Affiliates, and their respective employees, agents or contractors, shall use
commercially reasonable efforts to provide or cause to be provided to RECEIVING PARTY and its
Subsidiaries any Scheduled Service that has been terminated at RECEIVING PARTY’s request pursuant
to Section 2.2 (the “Resumed Services”); provided, that PROVIDING PARTY shall have
no obligation to provide a Resumed Service if providing such Resumed Service will have a material
adverse impact on the other Corporate Services. Schedule 1.1(a) shall from time to time be
amended to reflect the resumption of a Resumed Service and the Resumed Service shall be set forth
thereon as a Scheduled Service.

2

 

          (d) Special Projects. At RECEIVING PARTY’s written request, PROVIDING PARTY, through
its Subsidiaries and Affiliates, and their respective employees, agents or contractors, shall use
commercially reasonable efforts to provide additional corporate services that are not described in
the Schedule 1.1(a) and that are neither Omitted Services nor Resumed Services (“Special
Projects”). RECEIVING PARTY shall submit a written request to PROVIDING PARTY specifying the
nature of the Special Project and requesting an estimate of the costs applicable for such Special
Project and the expected time frame for completion. PROVIDING PARTY shall respond promptly to such
written request, but in no event later than twenty (20) days, with a written estimate of the cost
of providing such Special Project and the expected time frame for completion (the “Cost Estimate”).
If RECEIVING PARTY provides written approval of the Cost Estimate within ten (10) days after
PROVIDING PARTY delivers the Cost Estimate, then within a commercially reasonable time after
receipt of RECEIVING PARTY’s written request, PROVIDING PARTY shall begin providing the Special
Project; provided, that PROVIDING PARTY shall have no obligation to provide a Special
Project where, in its reasonable discretion and prior to providing the Cost Estimate, it has
determined and notified RECEIVING PARTY in writing that (i) it would not be feasible to provide
such Special Project, given reasonable priority to other demands on its resources and capacity both
under this Agreement or otherwise or (ii) it lacks the experience or qualifications to provide such
Special Project.

     1.2 Provision of Corporate Services; Excused Performance.

          (a) Migration of Services. To the extent commercially reasonable, the Parties will
work together and begin the process of migrating the Corporate Services from PROVIDING PARTY to
RECEIVING PARTY or one or more of its Subsidiaries or Affiliates or to a third party (at RECEIVING
PARTY’s direction) such that the completion of the migration of the Corporate Services from
PROVIDING PARTY to RECEIVING PARTY, one or more of its Subsidiaries or Affiliates or a third party,
as the case may be, shall occur prior to the end of the Term. PROVIDING PARTY shall provide or
cause to be provided each of the Corporate Services through the expiration of the Term, except (i)
as automatically modified by earlier termination of a Corporate Service by RECEIVING PARTY in
accordance with this Agreement, (ii) for Corporate Services to or for the benefit of any entity
which ceases to be a Subsidiary of RECEIVING PARTY prior to the end of the Term, or (iii) as
otherwise agreed to by the Parties in writing.

          (b) Performance Excused. All obligations of PROVIDING PARTY with respect to any one
or more individual Corporate Services or Transition Assistance under this Agreement shall be
excused to the extent and only for so long as a failure by PROVIDING PARTY with respect thereto is
directly attributable to and caused specifically by a failure by RECEIVING PARTY or any of its
Subsidiaries to meet their obligations (including any performance) under any other Related Party
Agreement (as defined in the Contribution Agreement).

     1.3 Third Party Vendors; Consents.

          (a) Third Party Consents. PROVIDING PARTY shall use its commercially reasonable
efforts to keep and maintain in effect its relationships with its vendors that are

3

 

integral to the provision of the Corporate Services. PROVIDING PARTY shall use commercially
reasonable efforts to procure any waivers, permits, consents or sublicenses required by third party
licensors, vendors or service providers under existing agreements with such third parties in order
to provide any Corporate Services hereunder (“Third Party Consents”). In the event that PROVIDING
PARTY is unable to procure such Third Party Consents on commercially reasonable terms, PROVIDING
PARTY agrees to so notify RECEIVING PARTY, and to assist RECEIVING PARTY with the transition to
another vendor. If, after the Effective Date, any one or more vendors (i) terminates its
contractual relationship with PROVIDING PARTY or ceases to provide the products or services
associated with the Corporate Services or (ii) notifies PROVIDING PARTY of its desire or plan to
terminate its contractual relationship with PROVIDING PARTY or (iii) ceases providing the products
or services associated with the Corporate Services, then, in either case, PROVIDING PARTY agrees to
so notify RECEIVING PARTY, and to assist RECEIVING PARTY with the transition to another vendor so
that RECEIVING PARTY may continue to receive similar products and services.

          (b) No Transfer of Software. PROVIDING PARTY shall not be required to transfer or
assign to RECEIVING PARTY any third party software licenses or any hardware owned by PROVIDING
PARTY or its Subsidiaries or Affiliates in connection with the provision of the Corporate Services
or at the conclusion of the Term.

     1.4 Dispute Resolution.

          (a) Amicable Resolution. PROVIDING PARTY and RECEIVING PARTY mutually desire that
friendly collaboration will continue between them. Accordingly, they will try to resolve in an
amicable manner all disagreements and misunderstandings connected with their respective rights and
obligations under this Agreement, including any amendments hereto. In furtherance thereof, in the
event of any dispute or disagreement (a “Dispute”) between PROVIDING PARTY and RECEIVING PARTY in
connection with this Agreement (including, without limitation, the standards of performance, delay
of performance or non-performance of obligations, or payment or non-payment of fees hereunder),
then the Dispute, upon written request of either Party, will be referred for resolution to the
president (or similar position) of the division implicated by the matter for each of PROVIDING
PARTY and RECEIVING PARTY, which presidents will have fifteen (15) days to resolve such Dispute.
If the presidents of the relevant divisions for each of PROVIDING PARTY and RECEIVING PARTY do not
agree to a resolution of such Dispute within fifteen (15) days after the reference of the matter to
them, such presidents of the relevant divisions will refer such matter to the president of each of
PROVIDING PARTY and RECEIVING PARTY for final resolution. Notwithstanding anything to the contrary
in this Section 1.4, any amendment to the terms of this Agreement may only be effected in
accordance with Section 11.10.

          (b) Arbitration. In the event that the Dispute is not resolved in a friendly manner
as set forth in Section 1.4(a), either Party involved in the Dispute may submit the dispute
to binding arbitration pursuant to this Section 1.4(b). All Disputes submitted to
arbitration pursuant to this Section 1.4(b) shall be resolved in accordance with the
Commercial Arbitration Rules of the American Arbitration Association, unless the Parties involved
mutually agree to utilize an alternate set of rules, in which event all references herein to the
American Arbitration

4

 

Association shall be deemed modified accordingly. Expedited rules shall apply regardless of
the amount at issue. Arbitration proceedings hereunder may be initiated by either Party making a
written request to the American Arbitration Association, together with any appropriate filing fee,
at the office of the American Arbitration Association in Orlando, Florida. All arbitration
proceedings shall be held in the city of Jacksonville, Florida in a location to be specified by the
arbitrators (or any place agreed to by the Parties and the arbitrators). The arbitration shall be
by a single qualified arbitrator experienced in the matters at issue, such arbitrator to be
mutually agreed upon by PROVIDING PARTY and RECEIVING PARTY. If PROVIDING PARTY and RECEIVING
PARTY fail to agree on an arbitrator within thirty (30) days after notice of commencement of
arbitration, the American Arbitration Association shall, upon the request of either Party to the
Dispute, appoint the arbitrator. Any order or determination of the arbitral tribunal shall be
final and binding upon the Parties to the arbitration as to matters submitted and may be enforced
by either Party to the Dispute in any court having jurisdiction over the subject matter or over
either Party. All costs and expenses incurred in connection with any such arbitration proceeding
(including reasonable attorneys’ fees) shall be borne by the Party incurring such costs. The use
of any alternative dispute resolution procedures hereunder will not be construed under the
doctrines of laches, waiver or estoppel to affect adversely the rights of either Party.

          (c) Non-Exclusive Remedy. Nothing in this Section 1.4 will prevent either
PROVIDING PARTY or RECEIVING PARTY from immediately seeking injunctive or interim relief in the
event (i) of any actual or threatened breach of any of the provisions of Article VIII or
(ii) that the Dispute relates to, or involves a claim of, actual or threatened infringement of
intellectual property. All such actions for injunctive or interim relief shall be brought in a
court of competent jurisdiction in accordance with Section 11.6. Such remedy shall not be
deemed to be the exclusive remedy for breach of this Agreement, and further remedies may be pursued
in accordance with Section 1.4(a) and Section 1.4(b) above.

          (d) Commencement of Dispute Resolution Procedure. Notwithstanding anything to the
contrary in this Agreement, PROVIDING PARTY and RECEIVING PARTY, but none of their respective
Subsidiaries or Affiliates, are entitled to commence a dispute resolution procedure under this
Agreement, whether pursuant to this Section 1.4 or otherwise, and each Party will cause its
respective Affiliates not to commence any dispute resolution procedure other than through such
Party as provided in this Section 1.4(d).

          (e) Compensation. RECEIVING PARTY shall continue to make all payments due and owing
under Article III for Corporate Services not the subject of a Dispute and shall not off-set
such fees by the amount of fees for Corporate Services that are the subject of the Dispute.

5

 

     1.5 Standard of Services.

          (a) General Standard. PROVIDING PARTY shall perform the Corporate Services for
RECEIVING PARTY in a professional and competent manner, using standards of performance consistent
with its performance of such services for itself.

          (b) Disaster Recovery. During the Term, PROVIDING PARTY shall maintain a disaster
recovery program for the Corporate Services substantially consistent with the disaster recovery
program in place for such Corporate Services as of the Effective Date. For the avoidance of doubt,
the disaster recovery program maintained by PROVIDING PARTY will not include a business continuity
program.

          (c) Shortfall in Services. If RECEIVING PARTY provides PROVIDING PARTY with written
notice (“Shortfall Notice”) of the occurrence of any Significant Service Shortfall (as defined
below), as determined by RECEIVING PARTY in good faith, PROVIDING PARTY shall rectify such
Significant Service Shortfall as soon as reasonably possible. For purposes of this Section
1.5(c), a “Significant Service Shortfall” shall be deemed to have occurred if the timing or
quality of performance of Corporate Services provided by PROVIDING PARTY hereunder falls below the
standard required by Section 1.5(a) hereof; provided that PROVIDING PARTY’s
obligations under this Agreement shall be relieved to the extent, and for the duration of, any
force majeure event as set forth in Article V.

     1.6 Response Time. PROVIDING PARTY shall respond to and resolve any problems in
connection with the Corporate Services for RECEIVING PARTY within a commercially reasonable period
of time, using response and proposed resolution times consistent with its response and resolution
of such problems for itself.

     1.7 Ownership of Materials; Results and Proceeds. All data and information submitted
to PROVIDING PARTY by RECEIVING PARTY, in connection with the Corporate Services or the Transition
Assistance (as defined in Section 2.3) (the “RECEIVING PARTY Data”), and all results and
proceeds of the Corporate Services and the Transition Assistance with regard to the RECEIVING PARTY
Data, is and will remain, as between the Parties, the property of RECEIVING PARTY. PROVIDING PARTY
shall not and shall not permit its Subsidiaries or Affiliates to use RECEIVING PARTY Data for any
purpose other than to provide the Corporate Services or Transition Assistance.

ARTICLE II

TERM AND TRANSITION ASSISTANCE

     2.1 Term. The term (the “Term”) of this Agreement shall commence as of the date
hereof and shall continue until the earliest of:

     (i) the date on which the last of the Scheduled Services under this Agreement
is terminated,

     (ii) the date on which this Agreement is terminated by mutual agreement of the
Parties, or

6

 

     (iii) the second anniversary of the date of this Agreement,

whichever is earlier (in any case, the “Termination Date”); provided, however,
that, with respect to any entity that ceases to be a Subsidiary of RECEIVING PARTY prior to the
Termination Date, the Term with respect to such entity shall terminate effective as of the date
that such entity ceases to be a Subsidiary of RECEIVING PARTY.

     2.2 Termination.

          (a) 30 Day Extension. If RECEIVING PARTY is not able to complete its transition of
the Corporate Services by the Termination Date, then upon written notice provided to PROVIDING
PARTY at least thirty (30) days prior to the Termination Date, RECEIVING PARTY shall have the right
to request and cause PROVIDING PARTY to provide up to thirty (30) days of additional Corporate
Services to RECEIVING PARTY; provided, that RECEIVING PARTY shall pay for all such
additional Corporate Services.

          (b) Early Termination. If RECEIVING PARTY wishes to terminate a Corporate Service (or
a portion thereof) on a date that is earlier than the Termination Date, RECEIVING PARTY shall
provide written notice (the “Termination Notice”) to PROVIDING PARTY of a proposed termination date
for such Corporate Service (or portion thereof), at least ninety (90) days prior to such proposed
termination date. Upon receipt of such notice, PROVIDING PARTY shall promptly provide notice to
RECEIVING PARTY (the “Termination Dispute Notice”) in the event that PROVIDING PARTY believes in
good faith that, notwithstanding PROVIDING PARTY using its commercially reasonable efforts, the
requested termination will have a material adverse impact on other Corporate Services and the scope
of such adverse impact. In such event, the Parties will resolve the dispute in accordance with
Section 1.4. If PROVIDING PARTY does not provide the Termination Dispute Notice, based on
the standards set forth above, within ten (10) days of the date on which the Termination Notice was
received, then, effective on the termination date proposed by RECEIVING PARTY in its Termination
Notice, such Corporate Service (or portion thereof) shall be discontinued (thereafter, a
“Discontinued Corporate Service”) and deemed deleted from the Scheduled Services to be provided
hereunder and thereafter, this Agreement shall be of no further force and effect with respect to
the Discontinued Corporate Service (or portion thereof), except as to obligations accrued prior to
the date of discontinuation of such Corporate Service (or portion thereof). Upon the occurrence of
any Discontinued Corporate Service, the Parties shall promptly update Schedule 1.1(a) to
reflect the discontinuation, and the Corporate Service Fees shall be adjusted in accordance
therewith and the provisions of Article III. Notwithstanding anything to the contrary
contained herein, at any time that employees of PROVIDING PARTY or its Subsidiaries or Affiliates
move to a department within RECEIVING PARTY or its Subsidiaries or Affiliates (an “Employee
Shift”), a proportional portion of the relevant Corporate Service shall be deemed automatically
terminated. If a Corporate Service, or portion thereof, is terminated as a result of an Employee
Shift, then such termination shall take effect as of the date of the Employee Shift, and the
adjustment in Corporate Service Fees shall also take effect as of the date of the Employee Shift.

          (c) Termination of All Services. If all Corporate Services shall have been terminated
under this Section 2.2 prior to the expiration of the Term, then either Party shall have

7

 

the right to terminate this Agreement by giving written notice to the other Party, which
termination shall be effective upon delivery as provided in Section 6.1.

     2.3 Transition Assistance. In preparation for the discontinuation of any Corporate
Service provided under this Agreement, PROVIDING PARTY shall, consistent with its obligations to
provide Corporate Services hereunder and with the cooperation and assistance of RECEIVING PARTY,
use commercially reasonable efforts to provide such knowledge transfer services and to take such
steps as are reasonably required in order to facilitate a smooth and efficient transition and/or
migration of records to RECEIVING PARTY or its Subsidiaries or Affiliates (or at RECEIVING PARTY’s
direction, to a third party) and responsibilities so as to minimize any disruption of services
(“Transition Assistance”). RECEIVING PARTY shall cooperate with PROVIDING PARTY to allow PROVIDING
PARTY to complete the Transition Assistance as early as is commercially reasonable to do so. Fees
for any Transition Assistance shall be determined in accordance with the calculation formula and
methods applicable to the Scheduled Services that are most similar in nature to the Transition
Assistance being so provided, as set forth on the applicable Section of Schedule 1.1(a).

     2.4 Return of Materials. As a Corporate Service or Transition Assistance is
terminated, each Party will return all materials and property owned by the other Party, including,
without limitation, all RECEIVING PARTY Data, if any, and materials and property of a proprietary
nature involving a Party or its Subsidiaries or Affiliates relevant to the provision or receipt of
that Corporate Service or Transition Assistance and no longer needed regarding the performance of
other Corporate Services or other Transition Assistance under this Agreement, and will do so (and
will cause its Subsidiaries and Affiliates to do so) within thirty (30) days after the applicable
termination. Upon the end of the Term, each Party will return all material and property of a
proprietary nature involving the other Party or its Subsidiaries, in its possession or control (or
the possession or control of an Affiliate as a result of the Services provided hereunder) within
thirty (30) days after the end of the Term. In addition, upon RECEIVING PARTY’s request, PROVIDING
PARTY agrees to provide to RECEIVING PARTY copies of RECEIVING PARTY’s Data, files and records on
magnetic media, or such other media as the Parties shall agree upon, to the extent practicable.
PROVIDING PARTY may retain archival copies of RECEIVING PARTY’s Data, files and records.

ARTICLE III

COMPENSATION AND PAYMENTS FOR CORPORATE SERVICES

     3.1 Compensation for Corporate Services.

          (a) Fees Generally. In accordance with the payment terms described in Sections
3.2 and 3.3 below, RECEIVING PARTY agrees to timely pay PROVIDING PARTY, as compensation for
the Corporate Services provided hereunder, all fees as contemplated in Section 1.1 (the
“Corporate Service Fees”) and in Section 2.3 (the “Transition Assistance Fees”).

          (b) Out of Pocket Costs. Without limiting the foregoing, the Parties acknowledge that
RECEIVING PARTY is also obligated to pay, or reimburse PROVIDING PARTY for its payment of, all Out
of Pocket Costs (as defined below); provided, however, that the incurrence of any
liability by RECEIVING PARTY or any of its Subsidiaries for any New

8

 

Out of Pocket Cost (as defined below) that requires the payment by RECEIVING PARTY or one of
its Subsidiaries of more than $200,000, on an annualized basis, shall require either (i) the prior
approval of a full-time employee of RECEIVING PARTY or one of its Subsidiaries, or (ii) the
subsequent approval of the chief accounting officer of RECEIVING PARTY (or his/her designee) after
his/her receipt of the Monthly Summary Statement (as defined in Section 3.2) provided to
RECEIVING PARTY for the calendar month in which the New Out of Pocket Cost was incurred or paid by
PROVIDING PARTY on behalf of RECEIVING PARTY. If (x) PROVIDING PARTY has not obtained the prior
approval of a full-time employee of RECEIVING PARTY or one of its Subsidiaries before incurring or
paying any New Out of Pocket Cost that exceeds $200,000 on an annualized basis, and (y) after
receiving and reviewing the applicable Monthly Summary Statement, the chief accounting officer of
RECEIVING PARTY (or his/her designee) has not expressly approved the New Out of Pocket Cost in
question, then RECEIVING PARTY shall be entitled to dispute the New Out of Pocket Cost until the
close of the next audit cycle, provided that if PROVIDING PARTY disagrees with RECEIVING
PARTY’s dispute of the New Out of Pocket Cost, then PROVIDING PARTY shall be entitled to exercise
its rights under the dispute resolution provisions set forth in Section 1.4. For purposes
hereof, the term “Out of Pocket Costs” means all fees, costs or other expenses payable by RECEIVING
PARTY or its Subsidiaries to third parties that are not Affiliates of PROVIDING PARTY in connection
with the Corporate Services provided hereunder; and the term “New Out of Pocket Cost” means any Out
of Pocket Cost incurred after the Effective Date that is not a continuation of services provided to
LPS or one of its Subsidiaries in the ordinary course of business consistent with past practices
and for which LPS had paid or reimbursed a portion thereof prior to the Effective Date.

     3.2 Monthly Summary Statements. Within 30 days after the end of each calendar month,
PROVIDING PARTY shall prepare and deliver to the chief accounting officer (or his/her designee) of
RECEIVING PARTY a monthly summary statement (each a “Monthly Summary Statement”) setting forth all
of the costs owing by the RECEIVING PARTY to the PROVIDING PARTY, including all Corporate Service
Fees, Transition Assistance Fees, Out of Pocket Costs, as calculated in accordance with Section
3.1 and Schedule 1.1(a), and any other charges incurred by, and cost allocations made
by, PROVIDING PARTY for or on behalf of RECEIVING PARTY for Corporate Services pursuant to this
Agreement. For sake of clarification, the Parties acknowledge that unless and until the Parties
agree otherwise, the Monthly Summary Statements required hereunder shall including the applicable
monthly costs, fees and expenses owing by RECEIVING PARTY to PROVIDING PARTY for all Related Party
Agreements, as well as all other agreements between RECEIVING PARTY and PROVIDING PARTY designated
to be included by each of RECEIVING PARTY and PROVIDING PARTY, including the Master Accounting and
Billing Agreement between FIS and LPS, and the provisions of this Article III should be
read and interpreted in conjunction therewith. The specific form of the Monthly Summary Statement
shall be as agreed to between the parties from time to time, acting with commercial reasonableness.

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     3.3 Monthly Amounts Payable. The Monthly Summary Statements shall be reviewed,
approved and/or disputed in accordance with the terms and provisions set forth in Schedule
3.3, and amounts owing thereunder shall be paid in accordance with the terms and provisions set
forth in Schedule 3.3.

     3.4 Audit Rights. Upon reasonable advance notice from RECEIVING PARTY, PROVIDING
PARTY shall permit RECEIVING PARTY to perform annual audits of PROVIDING PARTY’s records only with
respect to amounts invoiced and Out of Pocket Costs invoiced pursuant to this Article III.
Such audits shall be conducted during PROVIDING PARTY’s regular office hours and without disruption
to PROVIDING PARTY’s business operations and shall be performed at RECEIVING PARTY’s sole expense.

ARTICLE IV

LIMITATION OF LIABILITY

     4.1 LIMITATION OF LIABILITY. THE LIABILITY OF EITHER PARTY FOR A CLAIM ASSERTED BY
THE OTHER PARTY BASED ON BREACH OF ANY COVENANT, AGREEMENT OR UNDERTAKING REQUIRED BY THIS
AGREEMENT SHALL NOT EXCEED, IN THE AGGREGATE, THE FEES PAYABLE BY RECEIVING PARTY TO PROVIDING
PARTY DURING THE ONE (1) YEAR PERIOD PRECEDING THE BREACH FOR THE PARTICULAR CORPORATE SERVICE
AFFECTED BY SUCH BREACH UNDER THIS AGREEMENT; PROVIDED THAT SUCH LIMITATION SHALL NOT APPLY
IN RESPECT OF ANY CLAIMS BASED ON A PARTY’S (i) GROSS NEGLIGENCE, (ii) WILLFUL MISCONDUCT, (iii)
IMPROPER USE OR DISCLOSURE OF CUSTOMER INFORMATION, (iv) VIOLATIONS OF LAW, OR (v) INFRINGEMENT OF
THE INTELLECTUAL PROPERTY RIGHTS OF A PERSON OR ENTITY WHO IS NOT A PARTY HERETO OR THE SUBSIDIARY
OR AFFILIATE OF A PARTY HERETO.

     4.2 DAMAGES. NEITHER PARTY SHALL BE LIABLE TO THE OTHER FOR ANY INDIRECT, SPECIAL,
PUNITIVE, OR CONSEQUENTIAL DAMAGE OF ANY KIND WHATSOEVER; PROVIDED, HOWEVER, THAT
TO THE EXTENT AN INDEMNIFIED PARTY UNDER ARTICLE X IS REQUIRED TO PAY ANY SPECIAL,
INCIDENTAL, INDIRECT, COLLATERAL, CONSEQUENTIAL OR PUNITIVE DAMAGES OR LOST PROFITS TO A PERSON OR
ENTITY WHO IS NOT A PARTY OR A SUBSIDIARY OR AFFILIATE OF THE INDEMNIFIED PARTY IN CONNECTION WITH
A THIRD PARTY CLAIM, SUCH DAMAGES WILL CONSTITUTE DIRECT DAMAGES AND WILL NOT BE SUBJECT TO THE
LIMITATION SET FORTH IN THIS ARTICLE IV.

ARTICLE V

FORCE MAJEURE

     Neither Party shall be held liable for any delay or failure in performance of any part of this
Agreement from any cause beyond its reasonable control and without its fault or negligence,
including, but not limited to, acts of God, acts of civil or military authority, embargoes,
epidemics, war, terrorist acts, riots, insurrections, fires, explosions, earthquakes, hurricanes,
tornadoes, nuclear accidents, floods, strikes, terrorism and power blackouts. Upon the occurrence
of a condition described in this Article, the Party whose performance is prevented

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shall give written notice to the other Party, and the Parties shall promptly confer, in good faith,
to agree upon equitable, reasonable action to minimize the impact, on both Parties, of such
conditions.

ARTICLE VI

NOTICES AND DEMANDS

     6.1 Notices. Except as otherwise provided under this Agreement (including
Schedule 1.1(a)), all notices, requests, claims, demands and other communications under
this Agreement shall be in writing and shall be deemed given if (i) delivered personally, (ii) sent
by a nationally-recognized overnight courier (providing proof of delivery) or (iii) sent by
facsimile or electronic transmission (including email), provided that receipt of such facsimile or
electronic transmission is immediately confirmed by telephone), in each case to the parties at the
following addresses, facsimile numbers or email (or as shall be specified by like notice):

If to PROVIDING PARTY, to:

Fidelity National Information Services, Inc.

601 Riverside Avenue

Jacksonville, Florida 32204

Attention: General Counsel

Fax: 904-357-1005

Email: ron.cook@fnis.com

If to RECEIVING PARTY, to:

Lender Processing Services, Inc.

601 Riverside Avenue

Jacksonville, Florida 32204

Attention: General Counsel

Fax: 904-357-1036

Email: todd.johnson@lpserv.com

Any notice, request or other communication given as provided above shall be deemed given to the
receiving party (i) upon actual receipt, if delivered personally; (ii) on the next Business Day
after deposit with an overnight courier, if sent by a nationally-recognized overnight courier; or
(iii) upon confirmation of successful transmission if sent by facsimile or email (provided
that if given by facsimile or email, such notice, request or other communication shall be followed
up within one Business Day by dispatch pursuant to one of the other methods described herein).

ARTICLE VII

REMEDIES

     7.1 Remedies Upon Material Breach. In the event of material breach of any provision
of this Agreement by a Party, the non-defaulting Party shall give the defaulting Party written
notice, and:

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          (a) If such breach is for RECEIVING PARTY’s non-payment of an amount that is not in dispute,
the defaulting Party shall cure the breach within thirty (30) calendar days of such notice. If the
defaulting Party does not cure such breach by such date, then the defaulting Party shall pay the
non-defaulting Party the undisputed amount, any interest that has accrued hereunder through the
expiration of the cure period plus an additional amount of interest equal to four percent (4%) per
annum above the “prime rate” as announced in the “Money Rates” section of the most recent edition
of the Eastern Edition of The Wall Street Journal, which interest rate shall change as and when the
“prime rate” changes. The Parties agree that this rate of interest constitutes reasonable
liquidated damages and not an unenforceable penalty.

          (b) If such breach is for any other material failure to perform in accordance with this
Agreement, the defaulting Party shall cure such breach within thirty (30) calendar days of the date
of such notice. If the defaulting Party does not cure such breach within such period, then the
defaulting Party shall pay the non-defaulting Party all of the non-defaulting Party’s actual
damages, subject to Article IV above.

     7.2 Survival Upon Expiration or Termination. The provisions of Section 1.4
(Dispute Resolution), Section 2.4 (Return of Materials), Article IV (Limitation of
Liability), Article VI (Notices and Demands), this Section 7.2, Article
VIII (Confidentiality), Article X (Indemnification) and Article XI
(Miscellaneous) shall survive the termination or expiration of this Agreement unless otherwise
agreed to in writing by both Parties.

ARTICLE VIII

CONFIDENTIALITY

     8.1 Confidential Information. Each Party shall use at least the same standard of care
in the protection of Confidential Information of the other Party as it uses to protect its own
confidential or proprietary information; provided that such Confidential Information shall
be protected in at least a reasonable manner. For purposes of this Agreement, “Confidential
Information” includes all confidential or proprietary information and documentation of either
Party, including the terms of this Agreement, including with respect to each Party, all of its
software, data, financial information all reports, exhibits and other documentation prepared by any
of its Subsidiaries or Affiliates. Each Party shall use the Confidential Information of the other
Party only in connection with the purposes of this Agreement and shall make such Confidential
Information available only to its employees, subcontractors, or agents having a “need to know” with
respect to such purpose. Each Party shall advise its respective employees, subcontractors, and
agents of such Party’s obligations under this Agreement. The obligations in this Section
8.1 will not restrict disclosure by a Party pursuant to applicable law, or by order or request
of any court or government agency; provided that prior to such disclosure the Party making
such disclosure shall (a) immediately give notice to the other Party, (b) cooperate with the other
Party in challenging the right to such access and (c) only provide such information as is required
by law, court order or a final, non-appealable ruling of a court of proper jurisdiction.
Confidential Information of a Party will not be afforded the protection of this Article
VIII if such Confidential Information was (A) developed by the other Party independently as
shown by its written business records regularly kept, (B) rightfully obtained by the other Party
without restriction from a third party, (C) publicly available other than through the fault or
negligence of

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the other Party or (D) released by the Party that owns or has the rights to the Confidential
Information without restriction to anyone.

     8.2 Work Product Privilege. RECEIVING PARTY represents and PROVIDING PARTY
acknowledges that, in the course of providing Corporate Services pursuant to this Agreement,
PROVIDING PARTY may have access to (a) documents, data, databases or communications that are
subject to attorney client privilege and/or (b) privileged work product prepared by or on behalf of
the Affiliates of RECEIVING PARTY in anticipation of litigation with third parties (collectively,
the “Privileged Work Product”) and RECEIVING PARTY represents and PROVIDING PARTY understands that
all Privileged Work Product is protected from disclosure by Rule 26 of the Federal Rules of Civil
Procedure and the equivalent rules and regulations under the law chosen to govern the construction
of this Agreement. RECEIVING PARTY represents and PROVIDING PARTY understands the importance of
maintaining the strict confidentiality of the Privileged Work Product to protect the attorney
client privilege, work product doctrine and other privileges and rights associated with such
Privileged Work Product pursuant to such Rule 26 and the equivalent rules and regulations under the
law chosen to govern the construction of this Agreement. After PROVIDING PARTY is notified or
otherwise becomes aware that documents, data, database, or communications are Privileged Work
Product, only PROVIDING PARTY personnel for whom such access is necessary for the purposes of
providing Services to RECEIVING PARTY as provided in this Agreement shall have access to such
Privileged Work Product. Should PROVIDING PARTY ever be notified of any judicial or other
proceeding seeking to obtain access to Privileged Work Product, PROVIDING PARTY shall (A)
immediately give notice to RECEIVING PARTY, (B) cooperate with RECEIVING PARTY in challenging the
right to such access and (C) only provide such information as is required by a final,
non-appealable ruling of a court of proper jurisdiction. RECEIVING PARTY shall pay all of the cost
incurred by PROVIDING PARTY in complying with the immediately preceding sentence. RECEIVING PARTY
has the right and duty to represent PROVIDING PARTY in such resistance or to select and compensate
counsel to so represent PROVIDING PARTY or to reimburse PROVIDING PARTY for reasonable attorneys’
fees and expenses as such fees and expenses are incurred in resisting such access. If PROVIDING
PARTY is ultimately required, pursuant to an order of a court of competent jurisdiction, to produce
documents, disclose data, or otherwise act in contravention of the confidentiality obligations
imposed in this Article VIII, or otherwise with respect to maintaining the confidentiality,
proprietary nature, and secrecy of Privileged Work Product, PROVIDING PARTY is not liable for
breach of such obligation to the extent such liability does not result from failure of PROVIDING
PARTY to abide by the terms of this Article VIII. All Privileged Work Product is the
property of RECEIVING PARTY and will be deemed Confidential Information, except as specifically
authorized in this Agreement or as shall be required by law.

     8.3 Unauthorized Acts. Each Party shall (a) notify the other Party promptly of any
unauthorized possession, use, or knowledge of any Confidential Information by any person which
shall become known to it, any attempt by any person to gain possession of Confidential Information
without authorization or any attempt to use or acquire knowledge of any Confidential Information
without authorization (collectively, “Unauthorized Access”), (b) promptly furnish to the other
Party full details of the Unauthorized Access and use reasonable efforts to assist the other Party
in investigating or preventing the reoccurrence of any Unauthorized Access, (c) cooperate with the
other Party in any litigation and investigation

13

 

against third parties deemed necessary by such Party to protect its proprietary rights, and
(d) use commercially reasonable efforts to prevent a reoccurrence of any such Unauthorized Access.

     8.4 Publicity. Except as required by law or national stock exchange rule or as
allowed by any Related Party Agreement, neither Party shall issue any press release, distribute any
advertising, or make any public announcement or disclosure (a) identifying the other Party by name,
trademark or otherwise or (b) concerning this Agreement without the other Party’s prior written
consent. Notwithstanding the foregoing sentence, in the event either Party is required to issue a
press release relating to this Agreement or any of the transactions contemplated by this Agreement,
or by the laws or regulations of any governmental authority, agency or self-regulatory agency, such
Party shall (A) give notice and a copy of the proposed press release to the other Party as far in
advance as reasonably possible, but in any event not less than five (5) days prior to publication
of such press release and (B) make any changes to such press release reasonably requested by the
other Party. In addition, RECEIVING PARTY may communicate the existence of the business
relationship contemplated by the terms of this Agreement internally within PROVIDING PARTY’s
organization and orally and in writing communicate PROVIDING PARTY’s identity as a reference with
potential and existing customers.

     8.5 Data Privacy. (a) Where, in connection with this Agreement, PROVIDING PARTY
processes or stores information about a living individual that is held in automatically processable
form (for example in a computerized database) or in a structured manual filing system (“Personal
Data”), on behalf of any Subsidiaries of RECEIVING PARTY or their clients, then PROVIDING PARTY
shall implement appropriate measures to protect those personal data against accidental or unlawful
destruction or accidental loss, alteration, unauthorized disclosure or access and shall use such
data solely for purposes of carrying out its obligations under this Agreement.

          (b) RECEIVING PARTY may instruct PROVIDING PARTY, where PROVIDING PARTY processes Personal
Data on behalf of Subsidiaries of RECEIVING PARTY, to take such steps to preserve data privacy in
the processing of those Personal Data as are reasonably necessary for the performance of this
Agreement.

          (c) Subsidiaries of RECEIVING PARTY may, in connection with this Agreement, collect Personal
Data in relation to PROVIDING PARTY and PROVIDING PARTY’s employees, directors and other officers
involved in providing Corporate Services hereunder. Such Personal Data may be collected from
PROVIDING PARTY, its employees, its directors, its officers, or from other (for example, published)
sources; and some limited personal data may be collected indirectly at RECEIVING PARTY’s (or
Subsidiaries of RECEIVING PARTY’s) locations from monitoring devices or by other means (e.g.,
telephone logs, closed circuit TV and door entry systems). Nothing in this Section 8.5(c)
obligates PROVIDING PARTY or PROVIDING PARTY’s employees, directors or other officers to provide
Personal Data requested by RECEIVING PARTY. The Subsidiaries of RECEIVING PARTY may use and
disclose any such data disclosed by PROVIDING PARTY solely for purposes connected with this
Agreement and for the relevant purposes specified in the data privacy policy of the Subsidiary of
RECEIVING PARTY (a copy of which is available on request.) RECEIVING PARTY will maintain the same
level of protection for Personal Data collected from PROVIDING PARTY (and PROVIDING PARTY’s
employees, directors and officers, as

14

 

appropriate) as RECEIVING PARTY maintains with its own Personal Data, and will implement
appropriate administrative, physical and technical measures to protect the personal data collected
from PROVIDING PARTY and PROVIDING PARTY’s employees, directors and other officers against
accidental or unlawful destruction or accidental loss, alternation, unauthorized disclosure or
access.

ARTICLE IX

REPRESENTATIONS, WARRANTIES AND COVENANTS

     EXCEPT FOR THE REPRESENTATIONS, WARRANTIES AND COVENANTS EXPRESSLY MADE IN THIS AGREEMENT,
PROVIDING PARTY HAS NOT MADE AND DOES NOT HEREBY MAKE ANY EXPRESS OR IMPLIED REPRESENTATIONS,
WARRANTIES OR COVENANTS, STATUTORY OR OTHERWISE, OF ANY NATURE, INCLUDING WITH RESPECT TO THE
WARRANTIES OF MERCHANTABILITY, QUALITY, QUANTITY, SUITABILITY OR FITNESS FOR ANY PARTICULAR PURPOSE
OR THE RESULTS OBTAINED OF THE CONTINUING BUSINESS. ALL OTHER REPRESENTATIONS, WARRANTIES, AND
COVENANTS, EXPRESS OR IMPLIED, STATUTORY, COMMON LAW OR OTHERWISE, OF ANY NATURE, INCLUDING WITH
RESPECT TO THE WARRANTIES OF MERCHANTABILITY, QUALITY, QUANTITY, SUITABILITY OR FITNESS FOR ANY
PARTICULAR PURPOSE OR THE RESULTS OBTAINED OF THE CONTINUING BUSINESS ARE HEREBY DISCLAIMED BY
PROVIDING PARTY.

ARTICLE X

INDEMNIFICATION

     10.1 Indemnification.

          (a) Subject to Article IV, RECEIVING PARTY will indemnify, defend and hold harmless
PROVIDING PARTY, each Subsidiary and Affiliate of PROVIDING PARTY, each of their respective past
and present directors, officers, employees, agents, consultants, advisors, accountants and
attorneys (“Representatives”), and each of their respective successors and assigns (collectively,
the “PROVIDING PARTY Indemnified Parties”) from and against any and all Damages (as defined below)
incurred or suffered by the PROVIDING PARTY Indemnified Parties arising or resulting from the
provision of Corporate Services hereunder, which Damages shall be reduced to the extent of:

     (i) Damages caused or contributed to by PROVIDING PARTY’s negligence, willful
misconduct or violation or law; or

     (ii) Damages caused or contributed to by a breach of this Agreement by
PROVIDING PARTY.

“Damages” means, subject to Article IV hereof, all losses, claims, demands, damages,
liabilities, judgments, dues, penalties, assessments, fines (civil, criminal or administrative),
costs, liens, forfeitures, settlements, fees or expenses (including reasonable attorneys’ fees and
expenses and

15

 

any other expenses reasonably incurred in connection with investigating, prosecuting or defending a
claim or Action).

          (b) Except as set forth in this Section 10.1(b), PROVIDING PARTY will have no
liability to RECEIVING PARTY for or in connection with any of the Corporate Services rendered
hereunder or for any actions or omissions of PROVIDING PARTY in connection with the provision of
any Corporate Services hereunder. Subject to the provisions hereof and subject to Article
IV, PROVIDING PARTY will indemnify, defend and hold harmless RECEIVING PARTY, each Subsidiary
and Affiliate of RECEIVING PARTY, each of their respective past and present Representatives, and
each of their respective successors and assigns (collectively, the “RECEIVING PARTY Indemnified
Parties”) from and against any and all Damages incurred or suffered by the RECEIVING PARTY
Indemnified Parties arising or resulting from either of the following:

     (i) any claim that PROVIDING PARTY’s use of the software or other intellectual
property used to provide the Corporate Services or Transition Assistance, or any
results and proceeds of such Corporate Services or Transition Assistance, infringes,
misappropriates or otherwise violates any United States patent, copyright,
trademark, trade secret or other intellectual property rights; provided,
that such intellectual property indemnity shall not apply to the extent that any
such claim arises out of any modification to such software or other intellectual
property made by RECEIVING PARTY without PROVIDING PARTY’s authorization or
participation, or

     (ii) PROVIDING PARTY’s gross negligence, willful misconduct, improper use or
disclosure of customer information or violations of law;

provided, that in each of the cases described in subclauses (i) through (ii) above, the
amount of Damages incurred or sustained by RECEIVING PARTY shall be reduced to the extent such
Damages shall have been caused or contributed to by any action or omission of RECEIVING PARTY in
amounts equal to RECEIVING PARTY’s equitable share of such Damages determined in accordance with
its relative culpability for such Damages or the relative fault of RECEIVING PARTY or its
Subsidiaries.

     10.2 Indemnification Procedures.

          (a) Claim Notice. A Party that seeks indemnity under this Article X (an
“Indemnified Party”) will give written notice (a “Claim Notice”) to the Party from whom
indemnification is sought (an “Indemnifying Party”), whether the Damages sought arise from matters
solely between the Parties or from Third Party Claims. The Claim Notice must contain (i) a
description and, if known, estimated amount (the “Claimed Amount”) of any Damages incurred or
reasonably expected to be incurred by the Indemnified Party, (ii) a reasonable explanation of the
basis for the Claim Notice to the extent of facts then known by the Indemnified Party, and (iii) a
demand for payment of those Damages. No delay or deficiency on the part of the Indemnified Party
in so notifying the Indemnifying Party will relieve the Indemnifying Party of any liability for
Damages or obligation hereunder except to the extent of any Damages caused by or arising out of
such failure.

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          (b) Response to Notice of Claim. Within thirty (30) days after delivery of a Claim
Notice, the Indemnifying Party will deliver to the Indemnified Party a written response in which
the Indemnifying Party will either: (i) agree that the Indemnified Party is entitled to receive all
of the Claimed Amount and, in which case, the Indemnifying Party will pay the Claimed Amount in
accordance with a payment and distribution method reasonably acceptable to the Indemnified Party;
or (ii) dispute that the Indemnified Party is entitled to receive all or any portion of the Claimed
Amount, in which case, the Parties will resort to the dispute resolution procedures set forth in
Section 1.4.

          (c) Contested Claims. In the event that the Indemnifying Party disputes the Claimed
Amount, as soon as practicable but in no event later than ten (10) days after the receipt of the
notice referenced in Section 10.2(b)(ii) hereof, the Parties will begin the process to
resolve the matter in accordance with the dispute resolution provisions of Section 1.4
hereof. Upon ultimate resolution thereof, the Parties will take such actions as are reasonably
necessary to comply with such agreement or instructions.

          (d) Third Party Claims.

     (i) In the event that the Indemnified Party receives notice or otherwise learns
of the assertion by a person or entity who is not a Party hereto or a Subsidiary or
Affiliate of a Party hereto of any claim or the commencement of any action (a
“Third-Party Claim”) with respect to which the Indemnifying Party may be obligated
to provide indemnification under this Article X, the Indemnified Party will
give written notification to the Indemnifying Party of the Third-Party Claim. Such
notification will be given within fifteen (15) days after receipt by the Indemnified
Party of notice of such Third-Party Claim, will be accompanied by reasonable
supporting documentation submitted by such third party (to the extent then in the
possession of the Indemnified Party) and will describe in reasonable detail (to the
extent known by the Indemnified Party) the facts constituting the basis for such
Third-Party Claim and the amount of the claimed Damages; provided,
however, that no delay or deficiency on the part of the Indemnified Party in
so notifying the Indemnifying Party will relieve the Indemnifying Party of any
liability for Damages or obligation hereunder except to the extent of any Damages
caused by or arising out of such failure. Within twenty (20) days after delivery of
such notification, the Indemnifying Party may, upon written notice thereof to the
Indemnified Party, assume control of the defense of such Third-Party Claim with
counsel reasonably satisfactory to the Indemnified Party. During any period in
which the Indemnifying Party has not so assumed control of such defense, the
Indemnified Party will control such defense.

     (ii) The Party not controlling such defense (the “Non-controlling Party”) may
participate therein at its own expense.

     (iii) The Party controlling such defense (the “Controlling Party”) will keep
the Non-controlling Party reasonably advised of the status of such Third-Party Claim
and the defense thereof and will consider in good faith recommendations made by the
Non-controlling Party with respect thereto. The

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Non-controlling Party will furnish the Controlling Party with such Information
as it may have with respect to such Third-Party Claim (including copies of any
summons, complaint or other pleading which may have been served on such Party and
any written claim, demand, invoice, billing or other document evidencing or
asserting the same) and will otherwise cooperate with and assist the Controlling
Party in the defense of such Third-Party Claim.

     (iv) The Indemnifying Party will not agree to any settlement of, or the entry
of any judgment arising from, any such Third-Party Claim without the prior written
consent of the Indemnified Party, which consent will not be unreasonably withheld or
delayed; provided, however, that the consent of the Indemnified
Party will not be required if (A) the Indemnifying Party agrees in writing to pay
any amounts payable pursuant to such settlement or judgment, and (B) such settlement
or judgment includes a full, complete and unconditional release of the Indemnified
Party from further Liability. The Indemnified Party will not agree to any
settlement of, or the entry of any judgment arising from, any such Third-Party Claim
without the prior written consent of the Indemnifying Party, which consent will not
be unreasonably withheld or delayed.

ARTICLE XI

MISCELLANEOUS

     11.1 Relationship of the Parties. The Parties declare and agree that each Party is
engaged in a business that is independent from that of the other Party and each Party shall perform
its obligations as an independent contractor. It is expressly understood and agreed that RECEIVING
PARTY and PROVIDING PARTY are not partners, and nothing contained herein is intended to create an
agency relationship or a partnership or joint venture with respect to the Corporate Services.
Neither Party is an agent of the other and neither Party has any authority to represent or bind the
other Party as to any matters, except as authorized herein or in writing by such other Party from
time to time.

     11.2 Employees. (a) PROVIDING PARTY shall be solely responsible for payment of
compensation to its employees and, as between the Parties, for its Subsidiaries’ employees and for
any injury to them in the course of their employment. PROVIDING PARTY shall assume full
responsibility for payment of all federal, state and local taxes or contributions imposed or
required under unemployment insurance, social security and income tax laws with respect to such
persons.

          (b) RECEIVING PARTY shall be solely responsible for payment of compensation to its employees
and, as between the Parties, for its Subsidiaries’ employees and for any injury to them in the
course of their employment. RECEIVING PARTY shall assume full responsibility for payment of all
federal, state and local taxes or contributions imposed or required under unemployment insurance,
social security and income tax laws with respect to such persons.

     11.3 Assignment. Neither Party may assign, transfer or convey any right, obligation
or duty, in whole or in part, or of any other interest under this Agreement relating to such
Corporate

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Services without the prior written consent of the other Party, including any assignment,
transfer or conveyance in connection with a sale of an asset to which one or more of the Corporate
Services relate. All obligations and duties of a Party under this Agreement shall be binding on
all successors in interest and permitted assigns of such Party. Each Party may use its
Subsidiaries or Affiliates or subcontractors to perform the Corporate Services; provided
that such use shall not relieve such assigning Party of liability for its responsibilities and
obligations.

     11.4 Severability. In the event that any one or more of the provisions contained
herein shall for any reason be held to be unenforceable in any respect under law, such
unenforceability shall not affect any other provision of this Agreement, and this Agreement shall
be construed as if such unenforceable provision or provisions had never been contained herein.

     11.5 Third Party Beneficiaries. The provisions of this Agreement are for the benefit
of the Parties and their Affiliates and not for any other person. However, should any third party
institute proceedings, this Agreement shall not provide any such person with any remedy, claim,
liability, reimbursement, cause of action, or other right.

     11.6 Governing Law. This Agreement shall be governed by and construed in accordance
with the laws of the State of Florida, without giving effect to such State’s laws and principles
regarding the conflict of laws. Subject to Section 1.4, if any Dispute arises out of or in
connection with this Agreement, except as expressly contemplated by another provision of this
Agreement, the Parties irrevocably (a) consent and submit to the exclusive jurisdiction of federal
and state courts located in Jacksonville, Florida, (b) waive any objection to that choice of forum
based on venue or to the effect that the forum is not convenient and (c) WAIVE TO THE FULLEST
EXTENT PERMITTED BY LAW ANY RIGHT TO TRIAL OR ADJUDICATION BY JURY.

     11.7 Executed in Counterparts. This Agreement may be executed in counterparts, each
of which shall be an original, but such counterparts shall together constitute but one and the same
document.

     11.8 Construction. The headings and numbering of articles, Sections and paragraphs in
this Agreement are for convenience only and shall not be construed to define or limit any of the
terms or affect the scope, meaning, or interpretation of this Agreement or the particular Article
or Section to which they relate. This Agreement and the provisions contained herein shall not be
construed or interpreted for or against any Party because that Party drafted or caused its legal
representative to draft any of its provisions.

     11.9 Entire Agreement. This Agreement, including all attachments, constitutes the
entire Agreement between the Parties with respect to the subject matter hereof, and supersedes all
prior oral or written agreements, representations, statements, negotiations, understandings,
proposals and undertakings, with respect to the subject matter hereof.

     11.10 Amendments and Waivers. The Parties may amend this Agreement only by a written
agreement signed by each Party and that identifies itself as an amendment to this Agreement. No
waiver of any provisions of this Agreement and no consent to any default under this Agreement shall
be effective unless the same shall be in writing and signed by or on behalf

19

 

of the Party against whom such waiver or consent is claimed. No course of dealing or failure
of any Party to strictly enforce any term, right or condition of this Agreement shall be construed
as a waiver of such term, right or condition. Waiver by either Party of any default by the other
Party shall not be deemed a waiver of any other default.

     11.11 Remedies Cumulative. Unless otherwise provided for under this Agreement, all
rights of termination or cancellation, or other remedies set forth in this Agreement, are
cumulative and are not intended to be exclusive of other remedies to which the injured Party may be
entitled by law or equity in case of any breach or threatened breach by the other Party of any
provision in this Agreement. Unless otherwise provided for under this Agreement, use of one or
more remedies shall not bar use of any other remedy for the purpose of enforcing any provision of
this Agreement.

     11.12 Taxes. All charges and fees to be paid to PROVIDING PARTY under this Agreement
are exclusive of any applicable taxes required by law to be collected from RECEIVING PARTY
(including, without limitation, withholding, sales, use, excise, or services tax, which may be
assessed on the provision of Corporate Services). In the event that a withholding, sales, use,
excise, or services tax is assessed on the provision of any of the Corporate Services under this
Agreement, RECEIVING PARTY will pay directly, reimburse or indemnify PROVIDING PARTY for such tax,
plus any applicable interest and penalties. The Parties will cooperate with each other in
determining the extent to which any tax is due and owing under the circumstances, and shall provide
and make available to each other any resale certificate, information regarding out-of-state use of
materials, services or sale, and other exemption certificates or information reasonably requested
by either Party.

     11.13 Changes in Law. PROVIDING PARTY’s obligations to provide Corporate Services
hereunder are to provide such Corporate Services in accordance with applicable laws as in effect on
the date of this Agreement. Each Party reserves the right to take all actions in order to ensure
that the Corporate Services and Transition Assistance are provided in accordance with any
applicable laws.

     11.14 Effectiveness. Notwithstanding the date hereof, this Agreement shall become
effective as of the date of the Distribution, as more fully described in the Contribution
Agreement.

[signature page follows]

20

 

     IN WITNESS WHEREOF, the Parties, acting through their authorized officers, have caused this
Agreement to be duly executed and delivered as of the date first above written.

	 	 	 	 	 
	 	PROVIDING PARTY:

Fidelity National Information Services, Inc.

 	 
	 	By 	/s/ Lee A. Kennedy
 	 
	 	 	Lee A. Kennedy 	 
	 	 	President and Chief Executive Officer 	 
	 

	 	 	 	 	 
	 	RECEIVING PARTY:

Lender Processing Services, Inc.

 	 
	 	By 	/s/ Jeffrey S. Carbiener
 	 
	 	 	Jeffrey S. Carbiener 	 
	 	 	President and Chief Executive Officer 	 
	 

21

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