Document:

exv10w4

Exhibit 10.4

HARVEST NATURAL RESOURCES

2010 LONG TERM INCENTIVE PLAN

Director Restricted Stock Award Agreement

          This Restricted Stock Award Agreement (this “Agreement”) is made at Houston, Texas, USA,
effective as of «Date» (the “Grant Date”), by and between HARVEST NATURAL RESOURCES, INC. (the
“Company”) and «First_Name» «Last_Name» (the “Grantee”).

          It is hereby agreed as follows:

	1.	 	Grant of Restricted Stock; Consideration. The Company has granted (the “Grant”),
pursuant to Article VII of the Harvest Natural Resources 2010 Long Term Incentive Plan (the
“Plan”), to the Grantee on the Grant Date «Restricted_Stock» shares of the Company’s Common
Stock, par value $0.01 per share (the “Restricted Shares”), subject to the terms of this
Agreement and the Plan.
	 
	 	 	The Grantee shall not be required to pay any consideration for the Grant, except for his
agreement to serve as a Director and other agreements set forth herein.
	 
	2.	 	Incorporation of Plan by Reference. The Grant has been granted to the Grantee under
the Plan, a copy of which has been previously made available to the Grantee. All of the
terms, conditions, and other provisions of the Plan are hereby incorporated by reference into
this Agreement. Capitalized terms that are not otherwise defined in this Agreement shall have
the meanings given to such terms in the Plan. If there is any conflict between the provisions
of this Agreement and the provisions of the Plan, the provisions of the Plan shall govern.
	 
	3.	 	Restriction Period.

	 	(a)	 	The shares of the Stock that are granted hereby shall be subject to the
forfeiture restrictions set forth in this Agreement and the Plan (the “Forfeiture
Restrictions”). Subject to all of the terms and conditions of the Plan and this
Agreement, and except as provided below in this paragraph 3 in the event of a Change in
Control, death or Disability, the period during which the Forfeiture Restrictions shall
apply to the Restricted Shares shall commence on the Grant Date and end on
«Restricted_Until» (the “Restriction Period”). At the end of the Restriction Period,
all the Forfeiture Restrictions applicable to the Restricted Shares shall lapse,
provided that the Grantee’s service as a Director has not terminated prior to the end
of the Restriction Period, and, subject to paragraphs 6 and 7 of this Agreement, a
stock certificate or electronic book entry for the number of shares of the Stock
granted hereby shall be delivered to the Grantee, the Grantee’s beneficiary or the
Grantee’s estate, whichever is applicable at the time of delivery.
	 
	 	(b)	 	Notwithstanding any other provision of this Agreement to the contrary, if,
during the Restriction Period, a Change in Control occurs then all remaining Forfeiture
Restrictions shall lapse as to the Restricted Shares that are granted hereby upon

 

 

	 	 	 	the occurrence of the Change in Control provided that the Grantee continues to serve
as a Director immediately prior to the occurrence of such Change in Control. For
purposes of this Agreement, a “Change in Control” means the occurrence of any of the
following:

	 	(i)	 	the acquisition by any individual, by any corporation,
partnership, association, joint-stock company, limited liability company,
trust, unincorporated organization or other business entity (each, an “Entity”)
or group (within the meaning of Section 13(d)(3) or 14(d)(2) of the Securities
Exchange Act of 1934) (a “Covered Person”) of beneficial ownership (within the
meaning of rule 13d-3 promulgated under the Securities Exchange Act of 1934) of
50 percent or more of the combined voting power of the then outstanding voting
securities of the Company entitled to vote generally in the election of
directors (the “Voting Securities”); provided, however, that for purposes of
this subsection (i) of this paragraph 3(b) the following acquisitions shall not
constitute a Change in Control: (A) any acquisition by the Company, (B) any
acquisition by any employee benefit plan (or related trust) sponsored or
maintained by the Company or any Entity controlled by the Company, or (C) any
acquisition by any Entity pursuant to a transaction which complied with clauses
(A), (B) and (C) of subsection (iii) of this paragraph 3(b); or
	 
	 	(ii)	 	individuals who, as of the date of this Agreement, constitute
the Board (the “Incumbent Board”) cease for any reason to constitute at least a
majority of the Board; provided, however, that any individual becoming a
director after the date of this Agreement whose election, or nomination for
election by the Company’s stockholders, was approved by a vote of at least a
majority of the directors then comprising the Incumbent Board shall be
considered as though such individual were a member of the Incumbent Board, but
excluding, for this purpose, any such individual whose initial assumption of
office occurs as a result of an actual or threatened election contest with
respect to the election or removal of directors; or
	 
	 	(iii)	 	the consummation of a reorganization, merger or consolidation
or sale of the Company, or a disposition of at least 50 percent of the assets
of the Company including goodwill (a “Business Combination”), provided,
however, that for purposes of this subsection (iii), a Business Combination
will not constitute a Change in Control if the following three requirements are
satisfied: following such Business Combination, (A) all or substantially all
of the individuals and entities who were the beneficial owners, respectively,
of the Company’s Voting Securities immediately prior to such Business
Combination beneficially own, directly or indirectly, more than 50 percent of
the ownership interests of the Entity resulting from such Business Combination
(including, without limitation, an Entity which as a result of such transaction
owns the Company or all or substantially all of the Company’s assets either
directly or through one or more subsidiaries or other affiliated entities) in
substantially the same

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	 	 	 	proportions as their ownership immediately prior to such Business
Combination, (B) no Covered Person (excluding any employee benefit plan (or
related trust) of the Company or such Entity resulting from such Business
Combination) beneficially owns, directly or indirectly, 50 percent or more
of, respectively, the ownership interests in the Entity resulting from such
Business Combination, except to the extent that such ownership existed prior
to the Business Combination, and (C) at least a majority of the members of
the board of directors of the Entity resulting from such Business
Combination were members of the Incumbent Board at the time of the execution
of the initial agreement, or of the action of the Board, providing for such
Business Combination. For this purpose any individual who becomes a
director after the date of this Agreement, and whose election or nomination
for election by the Company’s stockholders, was approved by a vote of at
least a majority of the directors then comprising the Incumbent Board shall
be considered as though such individual were a member of the Incumbent
Board, but excluding, for this purpose, any such individual whose initial
assumption of office occurs as a result of an actual or threatened election
contest with respect to the election or removal of directors.

	 	(c)	 	Notwithstanding any provisions of this paragraph 3 to the contrary, upon the
termination of the Grantee’s service as a Director due to the death of the Grantee or
the Grantee incurring a Disability, the Forfeiture Restrictions shall lapse as to the
Restricted Shares that are granted hereby on the date of such termination of the
Grantee’s service as a Director.
	 
	 	(d)	 	Notwithstanding any provisions of this paragraph 3 to the contrary, if, prior
to the time at which the Forfeiture Restrictions lapse, the Grantee’s service as a
Director is terminated for any reason except death or Disability as provided in
paragraph 3(c), this Agreement and the Restricted Shares shall be canceled and
forfeited and all rights of the Grantee thereunder and thereto shall terminate at the
time the Grantee’s service as a Director is terminated.

	4.	 	Restrictions. Effective as of the Grant Date, the Company shall cause to be issued in
the Grantee’s name the Restricted Shares. The Company shall cause electronic book entries
evidencing the Restricted Shares, and any shares of the Stock or rights to acquire shares of
the Stock distributed by the Company in respect of Restricted Shares during any Restriction
Period (the “Retained Stock Distributions”), to be issued in the Grantee’s name. During the
Restriction Period such electronic book entries shall contain a restrictive legend notation to
the effect that ownership of such Restricted Shares (and any Retained Stock Distributions),
and the enjoyment of all rights appurtenant thereto, are subject to the restrictions, terms,
and conditions provided in the Plan and this Agreement. The Grantee shall have the right to
vote the Restricted Shares awarded to the Grantee herein and to receive and retain all regular
dividends paid in cash or property (other than Retained Stock Distributions), and to exercise
all other rights, powers and privileges of a holder of the Stock, with respect to such
Restricted Shares, with the exception that (a) the Grantee shall not be entitled to delivery
of such Restricted Shares until the Forfeiture Restrictions shall have expired, (b) the
Company shall retain custody of all Retained

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	 	 	Stock Distributions made or declared with respect to the Restricted Shares (and such
Retained Stock Distributions shall be subject to the same restrictions, terms and conditions
as are applicable to the Restricted Shares) until such time, if ever, as the Restricted
Shares with respect to which such Retained Stock Distributions shall have been made, paid,
or declared shall have become vested, and such Retained Stock Distributions shall not bear
interest or be segregated in separate accounts, and (c) the Grantee may not sell, assign,
transfer, pledge, exchange, encumber, or dispose of the Restricted Shares or any Retained
Stock Distributions during the Restriction Period. Upon issuance the book entry
representing the Restricted Shares shall be delivered to such depository as may be
designated by the Committee as a depository for safekeeping until the forfeiture of such
Restricted Shares occurs or the Forfeiture Restrictions lapse, together with stock powers or
other instruments of assignment, each endorsed in blank, which will permit transfer to the
Company of all or any portion of the Restricted Shares and any securities constituting
Retained Stock Distributions which shall be forfeited in accordance with the Plan and this
Agreement.

	5.	 	Non-Transferability. The Grant shall not be transferable to any third party by the
Grantee otherwise than by will or the laws of descent and distribution.
	 
	6.	 	Compliance with Laws and Regulations. The obligation of the Company to deliver
Restricted Shares is conditioned upon compliance by the Grantee and by the Company with all
applicable laws and regulations, including regulations of federal and state agencies. If
requested by the Company, the Grantee shall provide to the Company, as a condition to the
delivery of any certificates representing Restricted Shares, appropriate evidence,
satisfactory in form and substance to the Company, that he is acquiring the Restricted Shares
for investment and not with a view to the distribution of the Restricted Shares or any
interest in the Restricted Shares, and a representation to the effect that the Grantee shall
make no sale or other disposition of the Restricted Shares unless (a) the Company shall have
received an opinion of counsel satisfactory to it in form and substance that such sale or
other disposition may be made without compliance with registration or other applicable
requirements of federal and state laws and regulations, and (b) all steps required to comply
with such laws and regulations in connection with the sale or other disposition of the
Restricted Shares have been taken and all necessary approvals have been received. The
certificates representing the Restricted Shares may bear an appropriate legend giving notice
of the foregoing restrictions on transfer of the Restricted Shares, and any other restrictive
legend deemed necessary or appropriate by the Committee.
	 
	7.	 	Tax Withholding. To the extent that the receipt of the Restricted Shares or the lapse
of any Forfeiture Restrictions results in income to the Grantee or other holder of the Grant
for federal, foreign, state or local income, employment or other tax purposes with respect to
which the Company or any Affiliate has a withholding obligation, the Grantee or other holder
shall deliver to the Company at the time of such receipt or lapse, as the case may be, such
amount of money as the Company or any Affiliate may require to meet its obligation under
applicable tax laws or regulations, and, if the person fails to do so, the Company is
authorized to withhold from the Restricted Shares granted hereby or from any cash or stock
remuneration then or thereafter payable to the Grantee in any capacity any tax required to be
withheld by reason of such resulting income. The Company shall

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	 	 	have no obligation to issue a stock certificate or electronic book entry for the shares of
the Stock granted hereby on lapse of the Forfeiture Restrictions until the Company or an
Affiliate has received payment sufficient to cover the withholding tax obligations described
in this paragraph 7.

	8.	 	Section 83(b) Election. The Grantee shall not exercise the election permitted under
section 83(b) of the Internal Revenue Code of 1986, as amended, with respect to the Restricted
Shares without properly completing the attached NOTICE OF SECTION 83(b) ELECTION and
delivering the completed notice to the Director, Human Resources and Administration.
	 
	9.	 	Grantee Bound by Plan. In accepting the award of the Restricted Shares set forth in
this Agreement the Grantee accepts and agrees to be bound by all the terms and conditions of
this Agreement and the Plan (as presently in effect or hereafter amended), and by all
decisions and determinations of the Committee.
	 
	10.	 	Binding Effect: Integration: No Other Rights Created. This Agreement shall be binding
upon the heirs, executors, administrators and successors of the parties. This Agreement and
the Plan constitute the entire agreement between the parties with respect to the Grant, and
supersedes any prior agreements or documents with respect to the Grant. Neither this
Agreement nor the grant of the Grant shall constitute a service or employment agreement, nor
shall either confer upon the Grantee any right with respect to his continued status with the
Company.

	 	 	 	 	 	 	 

	 	 	HARVEST NATURAL RESOURCES, INC.	 	 
	 
	 	 	 	 	 	 
	 

	 	BY:	 	 	 	 
	 

	 	 	 

James A. Edmiston
	 	 
	 
	 	 	 	 	 	 
	 

	 	TITLE: President and CEO
	 	 
	 
	 	 	 	 	 	 
	 

	 	GRANTEE:	 	 	 
	 
	 	 	 	 	 	 
	 
	 	 	 	 	 	 
	 	 	 	 	 
	 	 	«First_Name» «Last_Name»	 	 
	 
	 	 	 	 	 	 
	 

	 	DATE: 	 	 	 	 
	 

	 	 	 	 	 

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NOTICE OF SECTION 83(b) ELECTION (FOR U.S. CITIZENS ONLY):

As permitted under Section 83 (b) of the Internal Revenue Code of 1986, as amended, I intend to
make the following irrevocable election:

	o	 	I intend to make the election permitted under Section 83 (b) of the Internal Revenue Code of
1986, as amended, to be taxed immediately on the award of the Restricted Shares. I understand
the consequences and procedures for making this election, and I understand that it is my
responsibility to file the election with the Internal Revenue Service.
	 
	o	 	I do not intend to make the election permitted under Section 83 (b) of the Internal Revenue
Code of 1986, as amended, and will be taxed upon the lapse of restrictions applicable to the
Restricted Shares.

	 	 	 	 	 

	 

	 	 

«First_Name» «Last_Name»
	 	 

- 6 -exv10w1

Exhibit 10.1

January 5, 2009

Mr. Hank Skorny

6809 E. Mercer Way

Mercer Island, WA 98040

USA

Dear Hank,

As you know, I am extremely pleased to offer you employment at RealNetworks, Inc. (Real) as Senior
Strategic Advisor, reporting to Rob Glaser, Chairman and CEO. Your responsibilities will be as
directed by Real. Your primary initial assignment will be focused on developing a strategy for
digital lockers for RealNetworks and to work with the relevant product teams at Real to put
together a product and business plan. You will also participate in analyzing and reviewing other
product and new business strategies at Real.

This offer is for a full-time, exempt, regular position with Real. You will be paid a monthly
salary, which is equivalent on an annualized basis to $330,000 (subject to normal withholdings),
payable semi-monthly in accordance with our normal payroll procedures. You are eligible to earn an
annual bonus of up to 45% of your base salary. As such, you are eligible to earn $148,500 based on
meeting MBO target goals, for an annual target total compensation of $478,500 if you succed in
meeting your MBO target goals.

You will also earn equity in Real under the terms of Real’s 2005 Stock Incentive Plan. Subject to
and effective upon the commencement of your employment, you will receive a grant of stock options
for the purchase of 300,000 shares of Real Common Stock, which will begin vesting on the first day
of your employment, and will be subject to all other provisions contained in the Plan. Your stock
options will be granted by the Compensation Committee of Real’s Board of Directors effective upon
the first day of your employment or as soon as practicable thereafter (the “Grant Date”). The
exercise price of the stock options granted to you shall be equal to the fair market value of
Real’s Common Stock on the Grant Date. Fair market value shall equal the last sales price for
shares of Real’s Common Stock on the Grant Date as reported by the NASDAQ National Market. Please
be aware that unvested stock is forfeited upon termination of employment.

A signing bonus of $100,000 will be paid to you within 30 days of the commencement of your
employment with Real. This is taxable income. In the event that your employment with Real is
terminated for cause or you resign within twelve (12) months of the date of the payments, you must
return to Real the full amount of the payment. In the event that your employment with Real is
terminated for cause or you resign between twelve and twenty-four months of the date of the
payment, you must return to Real 50% of the payment (i.e., $50,000). By signing below, you agree
to reimburse Real in full prior to your termination

1 

 

date, and in the event that you have not done so, you agree that Real may deduct the balance due
from your final paycheck as well as pursuing additional recourse if needed.

We also agree to review your job title within six (6) months. Based on the progress of the
lockers project, it is our hope that your role will evolve into a leadership job with management
responsibilities that warrant a Senior Vice President job title.

You agree that you will provide Real (3) months notice prior to terminating your employment. After
receipt of such notice Real may, at its election, direct you to continue your work for Real for any
period up to three (3) months from the date of such notice, at your then-current base salary. In
consideration for fulfilling the foregoing notice provision, Real will pay you a severance payment
equal to three (3) months of your then-current base salary at the conclusion of your employment
with Real.

In the event that Real terminates your employment without cause, Real may require you to stay for
up to three (3) months to transition your responsibilities. After this transition period, in
consideration for fulfilling the foregoing transition requirement, Real will pay you a severance of
three (3) months of your then-current base salary upon the termination of your employment.

It is our policy that employees are not to use or disclose confidential information or trade secrets
obtained from any source or during any prior employment. Real requires employees to abide by all
contractual and legal obligations they may have to prior employers or others, such as limits on
disclosure of information, or competition. You must inform us if you are subject to any such
obligations. Violation of this requirement may result in termination of your employment with Real.
By signing this letter, you further agree that you will not bring any confidential documents of
another, and will in all ways abide by these requirements.

It is also our policy that employees not engage in activities or investments that may conflict with
Real’s business interests. I understand that you may be involved in other existing investments or
Board/Advisory positions or consulting activities with other companies. Real requires you to
identify those activities and companies for our records, and to update this list from time to time
as applicable and to seek prior approval for any new activities that might conflict with Real’s
business interests. As we have discussed, your participation as an advisory board member of
Enterprise Ireland, the Irish Development Agency, Board of Directors of Mangospring Inc. and as the
non-executive chairman of ZipWhip Inc. are acceptable, as long as you recuse yourself from any
business negotiations between Real, Mangospring and ZipWhip, Inc. or potential competitors. Other
than these activities, you agree to wind down any active involvement in other commercial activities
within 30 days of your start date.

Our employment relationship will be terminable “at will”, which means that either you or Real may
terminate your employment at any time and for any reason or no reason, without further obligation
or liability.

 

 

This offer is contingent on: (i) your providing evidence of employability as required by federal
law (which includes providing Real within 3 days after your employment commences with acceptable
evidence of your identity and US employment eligibility), (ii) us receiving acceptable results from
any background check or reference check, and (iii) you signing Real’s Development, Confidentiality
and Non-competition Agreement, attached hereto. Please call us if you have questions about this
offer letter. This letter may not be modified except in a writing signed by both you and Real.

REAL PROVIDES EQUAL OPPORTUNITY IN EMPLOYMENT AND WILL ADMINISTER ITS POLICIES WITH REGARD TO
RECRUITMENT, TRAINING, PROMOTION, TRANSFER, DEMOTION, LAYOFF, TERMINATION, COMPENSATION AND
BENEFITS WITHOUT REGARD TO RACE, RELIGION, COLOR, NATIONAL ORIGIN, CITIZENSHIP, MARITAL STATUS,
SEX, SEXUAL ORIENTATION, AGE, DISABILITY OR STATUS AS A DISABLED VETERAN OR VETERAN OF THE
VIETNAM ERA OR ANY OTHER CHARACTERISTIC OR STATUS PROTECTED BY APPLICABLE LAW.

We are excited about the prospect of you joining RealNetworks, Inc. and look forward to working
with you.

This offer is valid until Friday, January 5, 2009, and your start date will be Monday,
January 12, 2009.

Sincerely,

	 	 	 	 	 
	/s/ Sid Ferrales
 	 	 
	Sid Ferrales

SVP Human Resources

RealNetworks, Inc. 	 	 

I have read and agree to the terms of employment contained in this offer letter and the attached
Development, Confidentiality and Non-competition Agreement, which represent a full, complete and
fair statement of the offer of employment made to me by RealNetworks, Inc.

	 	 	 	 	 
	 	 	 
	Hank Skorny:  	/s/ Hank Skorny
 	 	 

Date: January 6, 2009

 

 

REALNETWORKS, INC.

NON-DISCLOSURE AGREEMENT

This RealNetworks, Inc. Non-Disclosure Agreement (“Agreement”), effective as of the last date
signed below, establishes the terms and conditions which will apply when one of us (“Discloser”)
discloses confidential or proprietary information (“Confidential Information”) to the other
(“Recipient”) under this Agreement. Any reference to RealNetworks in the Agreement or any
associated Supplements include RealNetworks, Inc.’s wholly owned subsidiaries.

1. Associated Contract Documents: Each time one of the parties wishes to disclose specfic
Confidential Informatino to the other, the Discloser will issue a Supplement to this Agreement
(“Supplement”) before disclosure. The Supplement will identify: (a) which party is disclosing;
(b) the Initial and Final Disclosure Dates (the dates between which the disclosures are occurring).
If only one date is provided on the Supplement, such date will be deemed both the Initial and
Final Disclosure Dates; (c) Points of Contact for each party; (d) a non-confidential description of
the specfici Confidential Information to be disclosed; and (e) a specific Purpose for Disclosure.
The Recipient indicates acceptance of Confidential Information under the terms of this Agreement by
participating in the disclosure described in the Supplement(s).

2. Disclosure and Marking: The Discloser’s and Recipient’s Points of Contact will coordinate and
control the disclosure. Confidential Information will be disclosed either: (a) in writing; (b) by
delivery of items; (c) by initiation of access to Confidential Information, such as may be
contained in a database; or (d) by oral or visual presentation. Confidential Information shall be
clearly marked with “Confidential,” “Proprietary,” or another restrictive legend of the Discloser.
If Confidential Information is not marked with such legend or is disclosed orally or by
demonstration, the Confidential Information must be identified as confidential at the time of
disclosure. If such oral disclosure is not already described in a Supplement, the Discloser shall
provide the Recipient with a written summary within a reasonable time following disclosure.

3. Confidentiality Obligations: For three (3) years after the Initial Date of Disclosure, the
Recipient will: (a) keep the Confidential Information in confidence, in the same manner as the
Recipient maintains its own Confidential Information, and in no event keep the Confidential
Information with less than a reasonable degree of care; (b) use the Discloser’s Confidential
Information only for the State Purpose (see corresponding Supplement) for which it was disclosed or
otherwise for the benefit of the Discloser; (c) limit the disclosure of all Confidential
Information received under this Agreement to employees and contractors having a need-to-know,
provided that each are under wrtitten confidentiality obligations similar to those contained
herein; (d) make no copies of the Confidential Information, in whole or in part, except for a
reasonable number of coipes necessary for the purposes described in this Agreement. All copies
shall reproduce, without modificationi, any and all proprietary
markings and other legends
contained thereon; and (e) at any time upon the Discloser’s written request return to Discloser or
destroy all written copies of Confidential Information and portions thereof, and certify such
return or destruction, except that one copy of the Confidential Information may be retained by the
Recipient solely for archival purposes. Recipient may not otherwise disclose the Confidential Information without the
Discloser’s prior written consent. The Recipient may

 

 

disclose Confidential Information to the extent required by law, provided the Recipient give the
Discloser prompt notice to allow the Discloser a reasonable opportunity to obtain a protective
order.

4. Exceptions: The restrictions on use and disclosure of Confidential Information as set forth
herein shall not apply to information that is: (a) already in Recipient’s possession without
obligation of confidentiality; (b) independently developed by the Recipient without reference to
the Discloser’s Confidential Information, as demonstrated by competent evidence; (c) obtained from
a source other than the Discloser without obligation of confidentiality; (d) publicly available
when received, or thereafter becomes publicly available through no fault of the Recipient; or (e)
disclosed by the Discloser to another party without obligation of confidentiality.

5. Residual Information: The Recipient shall be free to use for any purpose the Residuals
resulting from access to or work with such Confidential Information, provided that the Recipient
shall maintain the confidentiality of the Confidential Information in accordance with this
Agreement. The term “Residuals” means information in non-tangible form, which may be
unintentionally retained in memory by persons who have had access to the Confidential Information,
including ideas, concepts, know-how or techniques contained therein.

6. Disclaimers: The Discloser will not be liable for any damages arising out of the Recipient’s
use of Discloser’s Confidential Information disclosed hereunder. Neither this Agreement nor any
disclosure of Confidential Information hereunder grants the Recipient any right or license under
any trademark, copyright, or patent, now or in the future, owned or controlled by the Discloser.
Disclosure of Confidential Information containing business plans is for evaluation purposes only.
Receipt of Confidential Information pursuant to this Agreement will not preclude, or in any way
limit, the Recipient from: (a) providing to others products or services which may be competitive
with products or services of the Discloser; (b) providing products or services to others who
compete with the Discloser; or (c) assigning its employees in any way it may choose. THE DISCLOSER
PROVIDES CONFIDENTIAL INFORMATION SOLELY ON AN “AS IS” BASIS, WITHOUT WARRANTY OF ANY KIND.

7. General: This Agreement does not require either party to disclose or to receive Confidentila
Information; nor does it obligate eithr party to perform any work, enter into any license, business
engagement, or other agreement. Neither party may assign, or otherwise transfer, its rights or
delegate its duties or obligations under this Agreement without prior written consent of the other
party. Any attempt to do so is void. The Recipient must comply with all applicable United States
and foreign export laws and regulations. All amendments must be in writing and must be signed by
authorized representatives of both parties. No waiver of any terms or conditions of this Agreement
shall be deemed a waiver of the remaining terms or conditions. In the event of a breach of this
Agreement by either party, the non-breaching party shall be entitled to seek equitable relief, in
addition to any other remedies which may be available. Either party may terminate this Agreement
upon thirty (30) days written notice to the other. Any provisions which by their nature extend
beyond its termination remain in effect until fulfilled, and apply to respective successors and
assignees. The laws of the State of Washington govern this Agreement. This Agreement and its
Supplements are the complete and exclusive agreement regarding our disclosures of Confidential
Information, and replace any prior written

 

 

or oral communications between us. Once signed, any reporoduction of this Agreement made by
reliable means (for example, photocopy or facsimile) is considered an original.

INTENDING TO BE LEGALLY BOUND and signed by their duly authorized representatives,

RealNetworks,Inc.

2601 Elliott Avenue, Suite 1000

Seattle, WA 98121

	 	 	 	 	 
	Signature:  	  /s/ Sid Ferrales
 	 	 
	 	Name:  	Sid Ferrales 	 	 
	 	Title:  	Senior Vice President, Human Resources 	 	 

Date: January 14, 2009

Recipient: Henry Skorny

Address: 6809 E. Mercer Way

                Mercer Island, WA 98040

	 	 	 	 	 
	 	 	 
	Signature:  	/s/ Henry Skorny
 	 	 
	 	Name:  	Henry Skorny 	 	 
	 	Title:  	 	 	 
	 

Date: January 6, 2009

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