Document:

EX-10.24

 Exhibit 10.24 
  

			
	Mr. Grant Johnson	 	
	2 Pointe Circle	 	
	Ladera Ranch, CA 92694	 	September 17, 2013

 Dear Grant: 
 Kofax plc (the
“Company”) is pleased to enter into this letter agreement with you (hereinafter, “Employee”) stating the terms of your employment with the Company (the “Agreement”), effective upon your execution and dating of this
Agreement where indicated below (the “Effective Date”). As used in this Agreement, the term “Company” includes Kofax plc and any and all of its divisions, affiliates or subsidiaries. 

1. Employment. Company hereby employs Employee, and Employee hereby accepts employment, upon the terms and conditions set forth herein. 

2. Duties. 
 2.1. Position.
Employee is employed as Chief Marketing Officer and shall report solely and directly to Company’s Chief Executive Officer (“CEO”) and have the duties and responsibilities normally assigned to such a position and such other duties and
responsibilities consistent therewith as assigned by the CEO from time to time. Employee shall be a member of the executive management team of the Company and shall perform faithfully and diligently all duties assigned to Employee. Employee shall be
paid as an employee of the Company’s subsidiary, Kofax Image Products (“Kofax”), located in Irvine, CA USA. All of the Company’s corporate communications, field marketing, product marketing, marketing operations and related
global employees throughout the world shall report to Employee, unless otherwise directed by the CEO from time to time. 
 2.2. Best
Efforts/Full-time. Employee shall expend Employee’s best efforts on behalf of Company, and shall abide by the decisions of both the CEO and Board of Directors, and shall comply with all policies of the Company to the extent such policies
are provided to Employee in advance, as well as all applicable laws, regulations or ordinances. Employee shall act in the best interest of Company at all times. Employee shall devote Employee’s full business time and efforts to the performance
of Employee’s assigned duties for Company. Employee acknowledges and agrees that Employee is ready, willing and able to perform the essential duties and functions of the position. 

2.3. Work Location. Employee’s principal place of work shall be the Kofax office in Irvine, CA. Employee’s duties shall
require domestic and international business travel. 
 3. Term. 

3.1. The employment relationship pursuant to this Agreement shall be on an at-will basis and may be terminated by the Company or the Employee
at any time, for any reason, subject to the provisions regarding termination as set forth in section 9 below. 

 3.2. Start Date. Employee’s employment with the Company shall begin as soon as
possible but in any event no later than November 1, 2013 (the “Employment Date”). 
 4. Compensation. 

4.1. Base Salary and Bonus. As compensation for Employee’s performance of Employee’s duties hereunder, Company shall pay to
Employee an annual base salary (“Base Salary”) semi monthly and bonus (“Bonus”) quarterly in arrears in accordance with the Kofax plc Executive Management Team Cash Incentive Compensation Plan for Fiscal Year 2014 attached
hereto, and normal payroll practices of Company, less required standard deductions for taxes, social contributions and all other employment taxes or charges. During Fiscal Year 2014 Employee shall earn the Base Salary beginning as of the Employment
Date and Bonus beginning in and for the Quarter of the Employment Date. In the event Employee’s employment under this Agreement is terminated by either party for any reason. Employee shall earn the Base Salary pro rated to the date of
termination and Bonus earned through the most recent quarter end. Employee’s Base Salary and Bonus shall be subject to review for increases on an annual basis at the end of each fiscal year but shall not be subject to decrease unless such
decrease is part of an overall reduction effected for other members of the executive management team. 
 4.2. Base Salary. The annual
Base Salary shall be $300,000.00. 
 4.3. Bonus. The annual Bonus shall be $150,000 with 50% of said amount being guaranteed as a
minimum for Fiscal Year 2014. 
 4.4. Equity. 

(a) Long Term Incentive Plan. Employee is eligible, at the discretion of the Remuneration Committee of the Board (“Remcom”),
to receive, pursuant to the Company’s 2007 Long-Term Incentive Plan or any successor plan (the “LTIP”), one or more awards (each, an “LTIP Award”), each representing a conditional entitlement to receive on one or more
specified subsequent dates, subject to satisfaction of such continued employment and performance requirements also applied to other members of Company’s executive management team as may be established pursuant to the LTIP, a number of ordinary
shares of the capital of the Company determined in the manner provided by the LTIP. Except as modified by this Agreement (unless expressly provided otherwise with regard to any specific LTIP Award), the terms and conditions of each LTIP Award shall
be subject to the discretion of the Remcom and the provisions of the LTIP. 250,000 LTIPs shall be awarded as soon as possible following the Employment Date with the following anticipated performance requirements – 50% of the Award will be based
on total revenue growth of 25% and the remaining 50% will be based on earnings before interest, taxes, depreciation and amortization (“EBITDA”) growth of 50% in Fiscal Year 2016 over said amounts for Fiscal Year 2013. Upon 80% achievement
of the either of these targets (they are equally weighted and independent of each other), 25% of the Award shall be vested. Vesting is cumulative, such that 80% achievement of each target will result in 50% of the Award vesting for release. The
remaining balance of each 25% portion of the Award shall be vested on a pro-rated basis with regard to achievement of between 80% and 100% of these targets. In the event performance exceeds either of these targets, then additional shares equal to 1%
of the Award for each 1% of over-achievement will be vested for release, capped at 15% of the Award. If at least 

  
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75% achievement is realized for both targets, then over performance in one can be used to offset under performance in the other. The performance condition achievement percentages described above
shall be calculated separately utilizing amounts in which such results are publicly reported. Acquisitions and dispositions made by the Company shall be factored into the calculation of the achievement of the performance conditions set forth above.

 (b) Stock Options. Employee is eligible, at the discretion of the Remcom, to receive, pursuant to the Company’s 2000 Share
Option Plan or any successor plan (the “Option Plan”) one or more awards (each an “Option Grant”), each representing a conditional entitlement to purchase on one or more subsequent dates, subject to satisfaction of vesting and
any performance criteria established in connection with each specific Option Grant, ordinary shares of the capital of the Company determined in the manner provided by the Option Grant and in accordance with the provisions of the Option Plan. Except
as modified by this Agreement (unless expressly provided otherwise with regard to any specific Option Grant), the terms and conditions of each Option Grant shall be subject to the discretion of the Remcom and the provisions of the Option Plan. No
Option Grant is anticipated as of the Employment Date or during Fiscal Year 2014. 
 4.5. Customary Fringe Benefits. Employee shall
be eligible for all customary and usual fringe benefits generally available to employees of Kofax, subject to the terms and conditions of the applicable benefit plan documents, including health, dental, vision and other insurance. The Company
reserves the right to change or eliminate the fringe benefits on a prospective basis, at any time. Employee shall accrue vacation at the rate of at least 20 days per year in accordance with the Kofax vacation policy. 

5. Business Expenses. Employee shall be reimbursed for all reasonable, out-of-pocket business expenses incurred in the performance of Employee’s
duties on behalf of Company. To obtain reimbursement, expenses must be submitted promptly with appropriate supporting documentation in accordance with Company’s policies. Any reimbursement Employee is entitled to receive pursuant to this
Section shall (a) be paid no later than the last day of the calendar year following the calendar year in which the expense was incurred, (b) not affect any other expenses that are eligible for reimbursement in any other calendar year and
(c) not be subject to liquidation or exchange for another benefit. Employee shall be entitled to travel in Business Class on all international flights. 

6. Not Used. 
 7. Outside Boards. During Employee’s
employment with the Company, Employee may not serve as a board member of any other organization without the express written permission of the CEO. 
 8. Not
Used. 
 9. Termination of Employee’s Employment. 

9.1. Termination for Cause by Company. Although Company anticipates a mutually rewarding employment relationship with Employee, Company
may terminate Employee’s employment immediately at any time for Cause. For purposes of this Agreement, Cause shall 

  
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mean (1) the Employee’s theft, dishonesty, willful misconduct, breach of fiduciary duty for personal profit, or falsification of any Company documents or records; (2) the
Employee’s material failure to abide by the Company’s policies (including, without limitation, policies relating to conflicts of interest, confidentiality and reasonable workplace conduct) after written notice from the Company of such
failure; (3) the Employee’s unauthorized use, misappropriation, destruction or diversion of any material tangible or intangible asset or corporate opportunity of the Company (including, without limitation, the Employee’s improper use
or disclosure of the Company’s confidential or proprietary information); (4) misconduct by the Employee which has a material detrimental effect on the Company’s reputation or business; (5) the Employee’s repeated failure or
inability (other than due to injury or illness) to perform any reasonable assigned duties after written notice from the Company of, and a reasonable opportunity to cure, such failure or inability; or (6) the Employee’s conviction
(including any plea of guilty or nolo contendere) of any criminal act involving fraud, dishonesty, misappropriation or moral turpitude and which impairs the Employee’s ability to perform his duties with the Company. In the event Employee’s
employment is terminated in accordance with this subsection 9.1, Employee shall be entitled to receive only the then in effect Base Salary pro rated to the date of termination and Bonus earned through the most recent quarter end. Employee shall also
be permitted to retain all rights to fringe benefits that had vested as of the date of his termination. Employee’s rights with respect to LTIP Awards and Option Grants upon termination of employment pursuant to this subsection 9.1 shall be
determined in accordance with the LTIP or the Option Plan, as applicable. All other Company obligations to Employee pursuant to this Agreement shall become automatically terminated and completely extinguished. Employee shall not be entitled to
receive the Severance described in subsection 9.2 below. 
 9.2. Termination Without Cause by Company or Resignation for Good
Reason/Severance. Company may terminate Employee’s employment under this Agreement without Cause at any time on thirty (30) days’ advance written notice or Employee may terminate his employment for Good Reason (as defined below).

 (a) Subject to Section 9.5 and provided that Section 9.4 does not apply to such termination, in the event that Company
terminates Employee’s employment without Cause or Employee terminates his employment for Good Reason, Employee shall be entitled to receive from the Company: 

(i) the then in effect Base Salary pro rated to the date of termination and Bonus earned through the most recent quarter end; and 

(ii) provided that the full general release of claims substantially in the form attached hereto as Exhibit A (the “Release”)
has become binding and effective in accordance with the terms of the Release on or before the 60th day following the date of Employee’s termination of employment (the “Release Period”): 

a) an amount (the “Severance Payment”) equal to six months of Employee’s Base Salary then in effect on the date of
termination, less applicable withholding, payable in a single lump sum payment on, or as soon as administratively practicable after, the Release becomes effective; provided that if the Release Period begins in one calendar year and ends in the next
calendar year, such single lump sum payment shall be paid on, or as soon as administratively practicable after, the later of (1) the first day of such second calendar year and (2) the date on which the Release becomes effective; 

  
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 b) an amount (the “Prior Year Bonus Payment”) equal to the Bonus for the
Company’s fiscal year ending on or prior to the date of Employee’s termination of employment, to the extent such Bonus has been earned, as determined by the Remcom, based upon the achievement of the applicable performance goals and remains
unpaid as of such employment termination date, shall be paid in a single lump sum payment on, or as soon as administratively practicable after, the Release becomes effective; provided that if the Release Period begins in one calendar year and ends
in the next calendar year, such single lump sum payment shall be paid on, or as soon as administratively practicable after, the later of (1) the first day of such second calendar year and (2) the date on which the Release becomes
effective; and 
 c) in the event Employee makes a timely election to obtain continued group health insurance (COBRA) under the
Company’s applicable group health plan, the Company shall pay Employee’s COBRA premiums for a period of six months or until Employee is eligible to receive health insurance benefits under another group health plan, whichever occurs first
(the “COBRA Payment”). Thereafter, Employee shall be solely responsible for his COBRA premiums, if applicable. 
 Upon termination of employment
pursuant to this subsection 9.2, (i) that portion of any Option Grant which has vested and become exercisable prior to the date of termination of employment shall be exercisable in accordance with the terms of the Option Plan and that portion
of each Option Grant which has not vested and become exercisable prior to the date of termination of employment shall terminate and cease to be exercisable on the employment termination date, and (ii) each outstanding LTIP Award then held by
Employee shall vest and the shares subject to each such award shall be released in accordance with the terms of the LTIP in an amount determined by (x) the extent to which the performance requirements applicable to such award have been
satisfied, as determined by the Remcom, prior to the date of termination of employment, and (y) the proportion which the number of days elapsed from the date of grant of the award to the date of termination of employment bears to the original
“Holding Period” (or “Performance Period”) of such award determined at the time of grant of the award by the Remcom in accordance with the terms of the LTIP. All other Company obligations to Employee pursuant to this Agreement
shall become automatically terminated and completely extinguished. 
 (b) For purposes of this Agreement, the term “Good Reason”
shall mean the first to occur of any of the following conditions without Employee’s written consent, provided that Employee has notified the CEO in writing of such condition within six (6) months following its first occurrence and the
Company has failed to remedy such condition within thirty (30) days following the date of such notice: 
 (i) A material diminution in
Employee’s Base Salary or Target Bonus then in effect; or 
 (ii) A material diminution in Employee’s authority, duties, or
responsibilities; or 

  
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 (iii) A relocation of Employee’s principal place of employment to a location that increases
Employee’s one-way commute distance by more than thirty (30) miles: or 
 (iv) Any other action or inaction by the Company that
constitutes a material breach of this Agreement. 
 In addition to the foregoing, to constitute a resignation for Good Reason,
Employee’s resignation must be effective no later than nine (9) months following the initial occurrence of the condition constituting Good Reason. 

(c) The Severance Payment, Prior Year Bonus Payment and COBRA Payment described in subsection 9.2(a), and the Severance Payment, Prior Year
Bonus Payment, Bonus Severance Payment, COBRA Payment and accelerated LTIP Award described in subsection 9.4(a) (hereafter, individually or collectively referred to in total as “Severance’) shall be forfeited immediately if Employee fails
to comply with the surviving provisions of Sections 11, 12 and 14 of this Agreement. 
 9.3. Voluntary Resignation by Employee; Death or
Disability. Employee may voluntarily resign Employee’s position with Company, at any time on thirty (30) days’ advance written notice. Company may waive all or part of this notice. In the event of Employee’s voluntary
resignation or in the event Employee’s employment with Company terminates as a result of Employee’s death or “disability” (as defined below), Employee shall be entitled to receive only the then in effect Base Salary pro rated to
the date of termination, the Override earned through the most recent month end and Bonus earned through the most recent quarter end. Employee’s rights with respect to LTIP Awards upon termination of employment pursuant to this subsection 9.3
shall be determined in accordance with the LTIP. All other Company obligations to Employee pursuant to this Agreement shall become automatically terminated and completely extinguished. Upon a termination of employment described in this Section,
Employee shall not be entitled to receive the Severance described in Section 9.2 above. For the purposes of this Section 9.3, the term “disability” shall mean the Employee’s failure to perform the essential functions of
Employee’s position, with or without reasonable accommodation, due to a mental or physical disability, which failure has continued for a period of not less than ninety (90) days. 

9.4. Termination Upon a Change of Control. 

(a) Vesting; Severance Payment. Subject to Section 9.5, in the event that Company or its successor terminates Employee’s
employment without Cause upon or within twelve (12) months after a Change of Control (as defined below) or Employee terminates his employment for Good Reason upon or within twelve (12) months after a Change of Control, Employee shall be
entitled to receive from the Company: 
 (i) the then in effect Base Salary pro rated to the date of termination, the Override earned
through the most recent month end and Bonus earned through the most recent quarter end; and 

  
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 (ii) provided that the Release has become binding and effective in accordance with the terms of
the Release on or before the 60th day following the date of Employee’s termination of employment: 
 a) the Severance Payment
described in subsection 9.2(a) and payable as described therein; 
 b) the Prior Year Bonus payment described in subsection 9.2(a) and
payable as described therein; 
 c) an amount equal to the then in effect annual Bonus (the “Bonus Severance Payment”), which
amount shall be added to the Severance Payment described in subsection 9.2(a) and paid on the same date as such Severance Payment; 
 d)
the COBRA Payment described in Section 9.2(a). 
 All other Company obligations to Employee pursuant to this Agreement shall become automatically
terminated and completely extinguished. 
 (b) Not Used 

(c) Change of Control. For the purposes of this Agreement, the term “Change of Control” means the occurrence of any of the
events described in Rule 7.1, Rule 7.2 or Rule 7.3 of the LTIP. 
 9.5. Compliance with Section 409A of the Code. 

(a) The parties agree that for purposes of Section 409A of the Code, any right of Employee to receive installment payments of the
Severance Payment, the Prior Bonus Payment and the Override and Bonus Severance Payment shall be treated as a right to a series of separate payments. 

(b) Notwithstanding anything set forth herein to the contrary, no amount payable pursuant to this Agreement which constitutes a “deferral
of compensation” within the meaning of the Treasury Regulations issued pursuant to Section 409A of the Code (the “Section 409A Regulations”) shall be paid unless and until Employee has incurred a “separation from
service” within the meaning of the Section 409A Regulations. Furthermore, to the extent that Employee is a “specified employee” within the meaning of the Section 409A Regulations as of the date of Employee’s separation
from service, no amount that constitutes a deferral of compensation shall be paid to Employee before the date (the “Delayed Payment Date”) which is first day of the seventh month after the date of Employee’s separation from service
or, if earlier, the date of Employee’s death following such separation from service. All such amounts that would, but for this subsection 9.5(a), become payable prior to the Delayed Payment Date shall be accumulated and paid on the Delayed
Payment Date. 
 (c) Company intends that income provided to Employee pursuant to this Agreement shall not be subject to taxation under
Section 409A of the Code. The provisions of this Agreement shall be interpreted and construed in favor of satisfying any applicable 

  
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requirements of Section 409A of the Code and the Section 409A Regulations. However, Company does not guarantee any particular tax effect for income provided to Employee pursuant to this
Agreement. In any event, except for Company’s responsibility to withhold applicable income and employment taxes from compensation paid or provided to Employee, the Company shall not be responsible for the payment of any applicable taxes on
compensation paid or provided to Employee pursuant to this Agreement. 
 (d) The LTIP, as applicable to awards thereunder granted to
Employee, and such awards granted to Employee, shall, to the extent not exempt from the requirements of Section 409A of the Code, comply with the documentary requirements of Section 409A of the Code by the documentary compliance effective
date of such section and operationally comply at all times from and after the date of grant of such awards. 
 10. No Conflict of Interest. During
the term of Employee’s employment with Company, Employee must not engage in any work, paid or unpaid, that creates an actual conflict of interest with Company. Such work shall include, but is not limited to, directly or indirectly competing
with Company in any way, or acting as an officer, director, employee, consultant, over 5% stockholder, volunteer, lender, or agent of any business enterprise of which is in direct competition with the business in which Company is now engaged or in
which Company becomes engaged during the term of Employee’s employment with Company, as may be determined by the Board in its sole discretion. If the Board believes such a conflict exists during the term of this Agreement, the Board may ask
Employee to choose to discontinue the other work or voluntarily resign employment with Company if Employee chooses not to discontinue the other work. A voluntarily resignation from employment pursuant to this Section shall be considered a voluntary
resignation subject to Section 9.3 of this Agreement. 
 11. Confidentiality and Proprietary Rights. As a condition of employment, Employee
agrees to negotiate, execute and abide by the terms of a reasonable, customary and typical proprietary rights, confidentiality and non-disclosure agreement, in accordance with applicable law. 

12. Nonsolicitation. Employee understands and agrees that Company’s employees and any information regarding Company employees are confidential and
constitute trade secrets of the Company. Employee agrees that during the term of this Agreement and for a period of one (1) year after the termination of employment with the Company, Employee shall not, separately or in conjunction with others,
encourage or cause others to solicit or personally encourage any employees of the Company to terminate or alter their relationships with the Company. 
 13.
Injunctive Relief. Employee acknowledges that Employee’s breach of the covenants contained in Sections 10-12 (collectively “Covenants”) would cause irreparable injury to Company and agrees that in the event of any such breach,
Company shall be entitled to seek temporary, preliminary and permanent injunctive relief without the necessity of proving actual damages or posting any bond or other security. 

14. Agreement to Arbitrate. In the event of any dispute or claim relating to or arising out of Employee’s employment relationship with the
Company, this Agreement, or the termination of Employee’s employment with the Company for any reason (including, but not limited to, any claims of breach of contract, defamation, wrongful termination or age, sex, sexual orientation,

  
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race, color, national origin, ancestry, marital status, religious creed, physical or mental disability or medical condition or other discrimination, retaliation or harassment), Employee and the
Company agree that all such disputes shall be fully resolved by confidential, binding arbitration conducted by a single arbitrator through the American Arbitration Association (“AAA”) under the AAA’s National Rules for the Resolution
of Employment Disputes then in effect, which are available online at the AAA’s website at www.adr.org. Claims for breach of the Company’s Employee Proprietary Rights and Assignment Agreement/Non-Disclosure Agreement and
Company’s right to obtain injunctive relief pursuant to Section 13, above, are excluded. 
 15. General Provisions. 

15.1. Successors and Assigns. The rights and obligations of Company under this Agreement shall inure to the benefit of and shall be
binding upon the successors and assigns of Company. Employee shall not be entitled to assign any of Employee’s rights or obligations under this Agreement. 

15.2. Waiver. Either party’s failure to enforce any provision of this Agreement shall not in any way be construed as a waiver of
any such provision, or prevent that party thereafter from enforcing each and every other provision of this Agreement. 
 15.3.
Attorneys’ Fees. Each side shall bear its own attorneys’ fees in any dispute unless a statutory section at issue, if any, authorizes the award of attorneys’ fees to the prevailing party; provided however, that the Company shall
reimburse Employee to the extent that Employee substantially prevails on a disputed issue, for attorneys’ fees allocable to such disputed issue(s) on which Employee substantially prevails. For the purposes of this Section, the amount of
attorneys’ fees allocable to such disputed issue(s) on which Employee substantially prevails shall be deemed to be equal to the product of (a) the attorneys’ fees actually incurred by Employee with respect to all disputed issues in
the matter and (b) the ratio of (i) the monetary value awarded to Employee with respect to the such disputed issue(s) on which Employee substantially prevails to (ii) the monetary value claimed by Employee with respect to all disputed
issues in the matter. Employee shall provide the Company with documentation adequate to substantiate the amount of attorneys’ fees actually incurred by Employee in the matter. Such reimbursement shall be paid as soon as practicable after
Employee becomes entitled to a right to reimbursement; provided that such reimbursement shall in no event be paid later than the end of the calendar year following the calendar year in which occurs the later of Employee’s payment of the
attorneys’ fees or Employee becomes entitled to a right to reimbursement under this Section. 
 15.4. Severability. In the event
any provision of this Agreement is found to be unenforceable by an arbitrator or court of competent jurisdiction, such provision shall be deemed modified to the extent necessary to allow enforceability of the provision as so limited, it being
intended that the parties shall receive the benefit contemplated herein to the fullest extent permitted by law. If a deemed modification is not satisfactory in the judgment of such arbitrator or court, the unenforceable provision shall be deemed
deleted, and the validity and enforceability of the remaining provisions shall not be affected thereby. 
 15.5. Interpretation;
Construction. The headings set forth in this Agreement are for convenience only and shall not be used in interpreting this Agreement. This Agreement has been 

  
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drafted by legal counsel representing Company, but Employee has participated in the negotiation of its terms. Furthermore, Employee acknowledges that Employee has had an opportunity to review and
revise the Agreement and have it reviewed by legal counsel and therefore, the normal rule of construction to the effect that any ambiguities are to be resolved against the drafting party shall not be employed in the interpretation of this Agreement.

 15.6. Governing Law. This Agreement shall be governed by and construed in accordance with the laws of the United States of America
and the State of California. Each party consents to the jurisdiction and venue of the state or federal courts in Orange County, California, if applicable, in any action, suit, or proceeding arising out of or relating to this Agreement. 

15.7. Notices. Any notice required or permitted by this Agreement shall be in writing and shall be delivered as follows with notice
deemed given as indicated: (a) by personal delivery when delivered personally; (b) by overnight courier upon written verification of receipt: (c) by telecopy or facsimile transmission upon acknowledgment of receipt of electronic
transmission; or (d) by certified or registered mail, return receipt requested, upon verification of receipt. Notice shall be sent to the addresses set forth below, or such other address as either party may specify in writing. 

15.8. Survival. Sections 10 (“No Conflict of Interest”), 11 (“Confidentiality and Proprietary Rights”), 12
(“Nonsolicitation”), 13 (“Injunctive Relief), 14 (“Agreement to Arbitrate”), 15 (“General Provisions”) and 16 (“Entire Agreement”) of this Agreement shall survive Employee’s employment by Company.

 16. Entire Agreement. This Agreement, including the Company Employee Proprietary Rights Assignment Agreement/Non-Disclosure Agreement incorporated
herein by reference, and the LTIP and certificates or agreements related such plans, constitute the entire agreement between the parties relating to this subject matter and supersede all prior or simultaneous representations, discussions,
negotiations, and agreements, whether written or oral. This Agreement may be amended or modified only with the written consent of Employee and the Board. No oral waiver, amendment or modification shall be effective under any circumstances
whatsoever. 
 17. Authority. The individual signing this Agreement on behalf of the Company has the authority to bind the Company to the terms of
this Agreement and both parties shall be considered bound to the terms of this Agreement upon their signatures thereto below. 
 I am excited and pleased to
have you join Kofax plc and look forward to working together. 
  

	
	Very truly yours,
	
	 /s/ Reynolds C. Bish

	Reynolds C. Bish
	Chief Executive Officer

  
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	Acknowledged, accepted and agreed:
	
	 /s/ Grant Johnson

	Grant Johnson
		
	Date:	 	9/18/2013

  
 -11-EX-10.25

 Exhibit 10.25 

FIRST AMENDMENT

TO
 CREDIT
AGREEMENT
 Dated as of October 14, 2013 

This FIRST AMENDMENT TO CREDIT AGREEMENT (this “Amendment”) is among KOFAX PLC, a public limited company
incorporated under the laws of England and Wales (the “Parent”), KOFAX, INC., a Delaware corporation (the “Company”), KOFAX HOLDING AG, a company limited by shares incorporated under the laws of
Switzerland (“Kofax Switzerland” and, together with the Company and the Parent, the “Borrowers” and, each a “Borrower”), the several financial institutions party to the Credit Agreement referred to
below as lenders (collectively, the “Lenders”; individually, a “Lender”), and BANK OF AMERICA, N.A., administrative agent for the Lenders (the “Administrative Agent”) and as L/C Issuer.

 PRELIMINARY STATEMENTS: 

(1) The Borrowers, the Lenders, the Administrative Agent and the L/C Issuer have entered into that certain Credit Agreement dated as of
August 11, 2011 (as amended, restated, supplemented or otherwise modified from time to time, the “Credit Agreement”; capitalized terms used and not otherwise defined herein have the meanings assigned to such terms in the Credit
Agreement). 
 (2) The Borrowers have requested that the Lenders and the Administrative Agent make certain amendments to the Credit
Agreement. 
 (3) The Administrative Agent and the Lenders are, on the terms and conditions stated below, willing to grant the request of
the Borrowers. 
 NOW, THEREFORE, in consideration of the premises and for other good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, the parties hereto hereby agree as follows: 
 SECTION 1. Amendments to Credit
Agreement. Effective as of the Amendment Effective Date and subject to the satisfaction (or waiver by the Administrative Agent) of the conditions precedent set forth in Section 2 of this Amendment, the Credit Agreement is hereby
amended as follows: 
 (a) Section 1.01 of the Credit Agreement is hereby amended by adding the following defined terms in the
appropriate alphabetical order: 
 “Designated Jurisdiction” means any country or territory to the extent
that such country or territory itself is the subject of any Sanction. 
 “Northern Irish Share Charge” means
the charge over the entire issued share capital of Kofax Northern Ireland Limited made by the Parent in favor of the Administrative Agent. 

“OFAC” means the Office of Foreign Assets Control of the United States Department of the Treasury. 

 “Sanction(s)” means any international economic sanction
administered or enforced by the United States Government (including without limitation, OFAC), the United Nations Security Council, the European Union, Her Majesty’s Treasury or other relevant sanctions authority. 

(b) Section 1.01 of the Credit Agreement is hereby amended by amending and restating the following defined terms as follows: 

“Domestic Guarantors” means, collectively, Kofax International, Kofax Holdings, Kofax Components and each
other Domestic Subsidiary that becomes a party to the Domestic Guaranty pursuant to Section 6.13 or Section 6.16. 

“Domestic Pledge Agreement” means the Pledge and Security Agreement made in favor of the Administrative Agent
by Kofax Holdings, the Company, Kofax International, Kofax Components and each other Domestic Subsidiary that becomes a party thereto pursuant to Section 6.13. 

“Eurocurrency Rate” means: 

(i) for any Interest Period with respect to a Eurocurrency Rate Loan, the rate per annum equal to (i) the British Bankers
Association LIBOR Rate or the successor thereto if the British Bankers Association is no longer making a LIBOR rate available (“LIBOR”), as published by Reuters (or such other commercially available source providing quotations of
LIBOR as may be designated by the Administrative Agent from time to time) at approximately 11:00 a.m., London time, two Business Days prior to the commencement of such Interest Period, for deposits in the relevant currency (for delivery on the first
day of such Interest Period) with a term equivalent to such Interest Period or, (ii) if such rate is not available at such time for any reason, the rate per annum determined by the Administrative Agent to be the rate at which deposits in the
relevant currency for delivery on the first day of such Interest Period in Same Day Funds in the approximate amount of the Eurocurrency Rate Loan being made, continued or converted and with a term equivalent to such Interest Period would be offered
by Bank of America’s London Branch (or other Bank of America branch or Affiliate) to major banks in the London or other offshore interbank market for such currency at their request at approximately 11:00 a.m. (London time) two Business Days
prior to the commencement of such Interest Period; and 
 (ii) for any interest calculation with respect to a Base Rate Loan
on any date, the rate per annum equal to (i) LIBOR, at approximately 11:00 a.m., London time determined two London Banking Days prior to such date for Dollar deposits being delivered in the London interbank market for a term of one month
commencing that day or (ii) if such published rate is not available at such time for any reason, the rate per annum determined by the Administrative Agent to be the rate at which deposits in Dollars for delivery on the date of determination in
same day funds in the approximate amount of the Base Rate Loan being made or maintained and with a term equal to one month would be offered by Bank of America’s London Branch to major banks in the London interbank Eurodollar market at their
request at the date and time of determination. 

  
 2 

 “Guarantor” means the Company, the Parent, each Domestic
Guarantor, each U.K. Guarantor and each other Subsidiary that delivers a Guarantee of the Obligations to the Administrative Agent pursuant to Section 6.13. 

“Maturity Date” means June 30, 2016; provided, however, that if such date is not a Business
Day, the Maturity Date shall be the next preceding Business Day. 
 “Pledge Agreements” means the Domestic
Pledge Agreement, the U.K. Pledge Agreement, the Swiss Pledge Agreement and the Northern Irish Share Charge. 
 “U.K.
Guarantors” means, collectively, Kofax Investment Limited, a private limited company incorporated under the laws of England and Wales, Kofax Holdings International Limited, a private limited company incorporated under the laws of England
and Wales, Kofax UK Limited, a private limited company incorporated under the laws of England and Wales, Kofax Northern Ireland Limited, a private company limited by shares incorporated under the laws of Northern Ireland and each other Subsidiary
organized under the laws of the United Kingdom (or any jurisdiction therein) that becomes a party to the U.K. Guaranty pursuant to Section 6.13 or Section 6.16. 

“U.K. Guaranty” means the Amended and Restated U.K. Guaranty made by the Parent and the U.K. Guarantors in
favor of the Administrative Agent and the Lenders. 
 (c) The definition of “Consolidated EBITDA” in Section 1.01 of the
Credit Agreement is hereby amended by: 
 (i) amending and restating clause (b)(ii) thereof as follows: “(ii)
(x) all non-cash items increasing Consolidated Net Income (including non-cash foreign exchange gains) and (y) all non-recurring income included in other operating expenses, net for such period”; and 

(ii) adding the following proviso immediately prior to the end of the first sentence thereof: “provided,
however, in no event shall the aggregate amount of the addbacks described in clauses (a)(iv), (a)(vii), (a)(viii) and (a)(ix) hereof for any period exceed 25% of “Consolidated EBITDA” for such period.” 

(d) The definition of “Interest Period” in Section 1.01 of the Credit Agreement is hereby amended by replacing the reference
therein to “one, two, three, six or nine months” with a reference to “one, two, three or six months”. 
 (e) Article V
of the Credit Agreement is hereby amended by adding a new Section 5.22 thereto as follows: 
 “5.22 OFAC.
Neither any Borrower, nor any of their respective Subsidiaries, nor, to the knowledge of any Borrower or its Subsidiaries, any director, officer, employee, agent, affiliate or representative thereof, is an individual or entity currently the subject
of any Sanctions, nor is any Borrower or any Subsidiary located, organized or resident in a Designated Jurisdiction.” 

  
 3 

 (f) Section 6.02(b) of the Credit Agreement is hereby amended and restated in its entirety
as follows: 
 “(b) concurrently with the delivery of the financial statements referred to in
Sections 6.01(a), (b) and (c) (commencing with the delivery of the financial statements for the fiscal year ended June 30, 2011), (i) a duly completed Compliance Certificate signed by a Responsible
Officer of the Parent and (ii) a certificate of the Parent setting forth a complete list of its Material Subsidiaries and, in the case of any Subsidiary being newly designated as a Material Subsidiary, the total revenues of such Subsidiary for
the period of four fiscal quarters ending with the fiscal quarter for which such financial statements are delivered and the percentage of the total revenues of the Parent and its Subsidiaries on a consolidated basis represented thereby”. 

(g) Section 6.13 of the Credit Agreement is hereby amended and restated in its entirety as follows: 

“6.13 Additional Guarantors. Notify the Administrative Agent at the time that any Person becomes a Subsidiary, and
promptly thereafter (and in any event within 30 days), cause such Person to: 
 (a) in the case of a Domestic Subsidiary
(other than Altosoft Corporation, Atalasoft, Inc, Kapow Technologies Holding, Inc. or Kapow Technologies, Inc.), subject to Section 6.16, become a Domestic Guarantor by executing and delivering to the Administrative Agent counterparts of
the Domestic Guaranty and the Domestic Pledge Agreement or such other document as the Administrative Agent shall deem appropriate for such purpose; 

(b) in the case of a Subsidiary organized under the laws of the United Kingdom (or any jurisdiction therein) that is a direct
Subsidiary of the Parent or the Company, become a U.K. Guarantor by executing and delivering to the Administrative Agent a counterpart of the U.K. Guaranty or such other document as the Administrative Agent shall deem appropriate for such purpose;

 (c) in the case of any Foreign Subsidiary (other than a Subsidiary organized under the laws of the United Kingdom (or any
jurisdiction therein)) that is a direct Subsidiary of the Parent or the Company (other than Limited Liability Company Kofax Russia), deliver to the Administrative Agent a duly executed Guarantee of the Obligations in form and substance reasonably
satisfactory to the Administrative Agent; provided that such Guarantee shall not be required to the extent that the Administrative Agent and the Borrowers mutually agree that the delivery thereof is not commercially reasonable (taking into
account the expense (including taxes) of obtaining the same, the ability of the Borrowers or the relevant Subsidiary to obtain any necessary approvals or consents required to be obtained under applicable law in connection therewith, and the
effectiveness and enforceability thereof under applicable law); and 
 (d) deliver to the Administrative Agent documents of
the types referred to in clauses (v) and (vi) of Section 4.01(a) and, if requested by the Administrative Agent, favorable opinions of counsel to such Person (which shall cover, among other things, the legality, validity,
binding effect and enforceability of the documentation referred to in clause (a), (b) or (c) above, as applicable), all in form and substance reasonably satisfactory to the Administrative Agent.” 

  
 4 

 (h) Article VI of the Credit Agreement is hereby amended by adding a new Section 6.16
thereto as follows: 
 “6.16 Post-Closing Pledge. The Borrowers shall (a) cause each of Altosoft
Corporation, Atalasoft, Inc., Kapow Technologies Holding, Inc. and Kapow Technologies, Inc. to become a Domestic Guarantor by executing and delivering to the Administrative Agent counterparts of the Domestic Guaranty and the Domestic Pledge
Agreement or such other document as the Administrative Agent shall deem appropriate for such purpose, (b) cause Kapow Holdings, Ltd. to become a U.K. Guarantor by executing and delivering to the Administrative Agent a counterpart of the U.K.
Guaranty or such other document as the Administrative Agent shall deem appropriate for such purpose, (c) cause 100% of the Equity Interests of each of Altosoft Corporation, Atalasoft, Inc., Kapow Technologies Holding, Inc. and Kapow
Technologies, Inc. to be pledged to the Administrative Agent pursuant to the Domestic Pledge Agreement (or, to the extent necessary to pledge the Equity Interests of Kapow Technologies Holding, Inc. and Kapow Technologies, Inc., a separate pledge
agreement in form and substance reasonably acceptable to the Administrative Agent), in each case by December 31, 2013 unless Altosoft Corporation, Atalasoft, Inc., Kapow Technologies Holding, Inc., Kapow Technologies, Inc. and Kapow Holdings,
Ltd., as applicable, shall have been dissolved or merged into the Company or any other Domestic Guarantor (or, in the case of Kapow Holdings, Ltd., shall have been dissolved or merged into the Parent or any other U.K. Guarantor) on or prior to such
date in a transaction permitted under this Agreement.” 
 (i) Section 7.11(b) of the Credit Agreement is hereby amended by adding
a reference to “and its Domestic Subsidiaries” immediately following the second reference to “Kofax Holdings” therein. 

(j) Section 7.12 of the Credit Agreement is hereby amended and restated in its entirety as follows: 

“7.12 Minimum Liquidity. Kofax Holdings shall not permit the Unencumbered Liquid Assets of Kofax Holdings
and its Domestic Subsidiaries (taken as a whole) as of the last day of any fiscal quarter to be less than $10,000,000.” 
 (k) Article
VII of the Credit Agreement is hereby amended by adding a new Section 7.15 thereto as follows: 
 “7.15
Sanctions. Directly or indirectly, use the proceeds of any Credit Extension, or lend, contribute or otherwise make available such proceeds to any Person, for the purpose of funding any activities of or business with any Person, or in any
Designated Jurisdiction, that, at the time of such funding, is the subject of any Sanctions, or for any other purpose that will result in a violation by any Person (including any Person participating in the transactions contemplated by this
Agreement, whether as Lender, Arranger, Administrative Agent, L/C Issuer or otherwise) of any Sanctions applicable to such Person at such time.” 

(l) Exhibit D to the Credit Agreement is hereby amended and restated in its entirety as set forth on Exhibit D. 

  
 5 

 SECTION 2. Conditions to Effectiveness. The amendments in
Section 1 of this Amendment shall be effective on the date (the “Amendment Effective Date”) that the following conditions precedent have been satisfied (or waived by the Administrative Agent): 

(a) The Administrative Agent’s receipt of the following, each of which shall be originals or telecopies (followed promptly by originals)
unless otherwise specified, each properly executed by a Responsible Officer of the signing Loan Party, each dated the Amendment Effective Date (or, in the case of certificates of governmental officials, a recent date before the Amendment Effective
Date) and each in form and substance reasonably satisfactory to the Administrative Agent: 
 (i) counterparts of this
Amendment duly executed by each Borrower, the Administrative Agent and all Lenders; 
 (ii) an Omnibus Reaffirmation in the
form of Exhibit A, duly executed by each Borrower and each Domestic Guarantor; 
 (iii) a Northern Irish Share Charge,
duly executed by the Parent; 
 (iv) a duly executed Amended and Restated U.K. Guaranty, pursuant to which Kofax Northern
Ireland Limited shall become a party thereto, duly executed by the Parent and the U.K. Guarantors; 
 (v) duly executed
amendments to each Patent Security Agreement, Trademark Security Agreement and Copyright Security Agreement referred to in the Domestic Pledge Agreement, in each case, to the extent necessary to reflect the acquisition, creation or registration by
the Company or any Domestic Guarantor of Intellectual Property; 
 (vi) such certificates of resolutions or other action,
incumbency certificates and/or other certificates of Responsible Officers of each Loan Party as the Administrative Agent may reasonably require evidencing the identity, authority and capacity of each Responsible Officer thereof authorized to act as
a Responsible Officer in connection with this Amendment and the other Loan Documents to be executed by such Loan Party in connection herewith; 

(vii) such documents and certifications as the Administrative Agent may reasonably require to evidence that each Loan Party is
duly organized or formed, and that each Borrower and Guarantor is validly existing, in good standing and qualified to engage in business in its jurisdiction of incorporation, including, in respect of Kofax Switzerland, a copy of minutes of a
meeting, or circular resolutions, of the board of directors of Kofax Switzerland, approving this Amendment and the other Loan Documents to be executed by Kofax Switzerland in connection herewith; 

(viii) favorable opinions of Dechert LLP, special U.S counsel to the Loan Parties, Dechert LLP, special U.K. counsel to the
Loan Parties and Bär & Karrer SA, special Swiss counsel to the Loan Parties, addressed to the Administrative Agent, as to the matters set forth in Exhibit C; and 

(ix) a certificate signed by a Responsible Officer of the Company certifying that there has been no event or circumstance since
December 31, 2012 that has had or would be reasonably expected to have, either individually or in the aggregate, a Material Adverse Effect. 

  
 6 

 (b) Any fees (including any fees then owing under the Fee Letter, dated as of the date hereof,
among the Company, the Administrative Agent and the Arranger) required to be paid on or before the Amendment Effective Date shall have been paid. 

(c) Unless waived by the Administrative Agent, the Borrowers shall have paid all fees, charges and disbursements of counsel to the
Administrative Agent (directly to such counsel if requested by the Administrative Agent) to the extent invoiced reasonably prior to the Amendment Effective Date, plus such additional amounts of such fees, charges and disbursements as shall
constitute its reasonable estimate of such fees, charges and disbursements incurred or to be incurred by it through the closing proceedings (provided that such estimate shall not thereafter preclude a final settling of accounts between the Borrowers
and the Administrative Agent). 
 (d) The Amendment Effective Date shall have occurred on or before October 14, 2013. 

SECTION 3. Representations and Warranties. Each Borrower represents and warrants to the Administrative Agent and each
Lender as follows: 
 (a) Authority; Enforceability. Each Borrower has the requisite power and authority to execute, deliver and
perform this Amendment, and to perform its obligations under the Credit Agreement as amended hereby and the other Loan Documents to which it is a party. The execution, delivery and performance by each Borrower of this Amendment have been duly
authorized by all necessary corporate or other organizational action. This Amendment has been, and each other Loan Document delivered pursuant to Section 2, when delivered pursuant thereto, will have been, duly executed and delivered by
each Loan Party that is party thereto. Each of this Amendment and the Credit Agreement as amended hereby constitutes, and each other Loan Document, when so delivered, will constitute the legal, valid and binding obligation of each Loan Party that is
party thereto, enforceable against each such Loan Party in accordance with its terms, except as enforceability may be limited by applicable Debtor Relief Laws or similar laws affecting the enforcement of creditors’ rights generally or by
equitable principles relating to enforceability. 
 (b) Loan Document Representations and Warranties. The representations and
warranties contained in each Loan Document are true and correct in all material respects on and as of the date hereof, immediately before and immediately after giving effect to this Amendment, except to the extent that such representations and
warranties specifically refer to an earlier date, in which case they shall be true and correct in all material respects as of such earlier date, provided that, for purposes of this clause (b), the representations and warranties contained in
subsections (a) and (b) of Section 5.05 of the Credit Agreement shall be deemed to refer to the most recent financial statements furnished pursuant to clauses (a), (b) and (c), as applicable, of Section 6.01 of the Credit
Agreement. 
 (c) Absence of Default. No Default or Event of Default exists or will result from the effectiveness of this Amendment.

  
 7 

 SECTION 4. Reference to and Effect on the Loan Documents. (a) Upon and
after the effectiveness of this Amendment, each reference in the Credit Agreement to “this Agreement”, “hereunder”, “hereof” or words of like import referring to the Credit Agreement, and each reference in the other
Loan Documents and the Intercreditor Agreement to “the Credit Agreement”, “thereunder”, “thereof” or words of like import referring to the Credit Agreement, shall mean and be a reference to the Credit Agreement as
modified and amended hereby. 
 (b) Except as specifically amended by this Amendment, the Credit Agreement and all other Loan Documents are
and shall continue to be in full force and effect and are hereby ratified and confirmed in all respects. 
 (c) The execution, delivery and
effectiveness of this Amendment shall not, except as expressly provided herein, operate as a waiver of any right, power or remedy of any Lender or the Administrative Agent under any of the Loan Documents, nor constitute a waiver of any provision of
any of the Loan Documents. 
 SECTION 5. Execution in Counterparts. This Amendment may be executed in any number of
counterparts and by different parties hereto in separate counterparts, each of which when so executed and delivered shall be deemed to be an original and all of which taken together shall constitute but one and the same agreement. Delivery of an
executed counterpart of a signature page to this Amendment by telefacsimile shall be effective as delivery of a manually executed counterpart of this Amendment. 

SECTION 6. Governing Law. THIS AMENDMENT SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW
YORK. 
 SECTION 7. Successors and Assigns. The provisions of this Amendment shall be binding upon and inure to the benefit of
the parties hereto and their respective successors and assigns, except that no Borrower may assign or transfer any of its rights or obligations under this Amendment or the Credit Agreement as amended hereby without the prior written consent of the
Administrative Agent and each Lender. 
 SECTION 8. Severability. Whenever possible, each provision of this Amendment shall be
interpreted in a manner as to be effective and valid under applicable law, but if any provision of this Amendment shall be prohibited by or invalid under applicable law, such provision shall be ineffective to the extent of such prohibition or
invalidity without invalidating the remainder of such provision or the remaining provisions of this Amendment. 
 SECTION 9. Captions
and Headings. The captions or section headings at various places in this Amendment are intended for convenience only and do not constitute and shall not be interpreted as part of this Amendment. 

  
 8 

 IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed by their
respective officers thereunto duly authorized, as of the date first above written. 
  

			
	KOFAX, INC.
		
	By:	 	 /s/ James Arnold

	Name:	 	James Arnold
	Title:	 	CFO / Director
	
	KOFAX PLC
		
	By:	 	 /s/ James Arnold

	Name:	 	James Arnold
	Title:	 	CFO / Executive Director
	
	KOFAX HOLDING AG
		
	By:	 	 /s/ Bradford Weller

	Name:	 	Bradford Weller
	Title:	 	Director

 
			
	BANK OF AMERICA, N.A.,
	as Administrative Agent
		
	By:	 	 /s/ Karen Polak

	Name:	 	Karen Polak
	Title:	 	SVP

 
			
	 BANK OF AMERICA, N.A., as a Lender and as

L/C Issuer

		
	By:	 	 /s/ Karen Polak

	Name:	 	Karen Polak
	Title:	 	SVP

 EXHIBIT A 

FORM OF OMNIBUS REAFFIRMATION 

This Omnibus Reaffirmation (as amended, restated, supplemented or otherwise modified from time to time, this “Reaffirmation”)
is entered into as of October     , 2013, by and among Kofax PLC, a public limited company incorporated under the laws of England and Wales (the “Parent”), Kofax, Inc., a Delaware corporation (the
“Company”), Kofax Holding AG, a company limited by shares incorporated under the laws of Switzerland (“Kofax Switzerland” and, together with the Company and the Parent, the “Borrowers”), Kofax
Holdings Corporation, a Delaware corporation (“Kofax Holdings”), Kofax Components Corporation, a Delaware corporation (“Kofax Components”), Kofax International, Inc., a Delaware corporation (“Kofax
International”, and, together with Kofax Holdings and Kofax Components, the “Domestic Guarantors”), Kofax Investment Limited, a private limited company incorporated under the laws of England and Wales (“Kofax
Investment”), Kofax Holdings International Limited, a private limited company incorporated under the laws of England and Wales (“Kofax Holdings U.K.”), Kofax UK Limited, a private limited company incorporated under the laws
of England and Wales (“Kofax U.K.”), Kofax Northern Ireland Limited, a private company limited by shares incorporated under the laws of Northern Ireland (“Kofax Northern Ireland” and, together with Kofax Investment,
Kofax Holdings U.K. and Kofax U.K., the “U.K. Guarantors”; the U.K. Guarantors together with the Borrowers and the Domestic Guarantors, the “Loan Parties”), and Bank of America, N.A., as Administrative Agent. 

RECITALS 
 A. The
Borrowers, the Lenders, the Administrative Agent and the L/C Issuer have entered into (i) that certain Credit Agreement, dated as of August 11, 2011 (as amended, restated, supplemented or otherwise modified from time to time, the
“Credit Agreement”; capitalized terms used and not otherwise defined herein have the meanings assigned to such terms in the Credit Agreement) and (ii) that certain First Amendment to Credit Agreement, dated as of the date
hereof (the “Amendment”). 
 B. The Company has entered into that certain Company Guaranty, dated as of August 11,
2011 (as amended, restated, supplemented or otherwise modified from time to time, the “Company Guaranty”), in favor of the Administrative Agent. 

C. The Domestic Guarantors have entered into that certain Domestic Subsidiary Guaranty, dated as of August 11, 2011 (as amended,
restated, supplemented or otherwise modified from time to time, the “Domestic Subsidiary Guaranty”), in favor of the Administrative Agent. 

D. The Parent, the U.K. Guarantors and Kofax Northern Ireland Limited have entered into that certain Amended and Restated U.K. Guaranty, dated
as of the date hereof (as amended, restated, supplemented or otherwise modified from time to time, the “U.K. Guaranty”), in favor of the Administrative Agent. 

E. The Company and the Domestic Guarantors are party to that certain Pledge and Security Agreement, dated as of August 11, 2011 (as
amended, restated, supplemented or otherwise modified from time to time, the “Domestic Pledge Agreement”), in favor of the Administrative Agent. 

  
 Omnibus
Reaffirmation 

 AGREEMENT 

NOW, THEREFORE, in order to induce the Secured Parties to enter into the Amendment, and for other good and valuable consideration, the receipt
and adequacy of which hereby is acknowledged, the Loan Parties hereby agree as follows: 
 (a) Each of the Loan Parties: 

(i) expressly and knowingly reaffirms its respective liability under each of the Loan Documents (including, without
limitation, the Company Guaranty, the Domestic Subsidiary Guaranty, the U.K. Guaranty and the Domestic Pledge Agreement) to which it is a party and expressly agrees to be and remain liable under the terms of each such Loan Document to which it is a
party, in each case, in accordance with the terms thereof, and that, as of the date hereof, it has no defense, offset or counterclaim whatsoever against any Lender or any other Secured Party with respect to any such Loan Document; 

(ii) agrees that, except as expressly contemplated by the Amendment or any other Loan Document executed in connection
therewith, each Loan Document (including, without limitation, the Company Guaranty, the Domestic Subsidiary Guaranty, the U.K. Guaranty and the Domestic Pledge Agreement) to which it is a party shall remain in full force and effect and is hereby
ratified and confirmed; 
 (iii) agrees that each reference to “Credit Agreement” in the Loan Documents to which it
is a party shall be deemed to refer to the Credit Agreement (as amended by the Amendment); and 
 (iv) agrees that the
execution of this Reaffirmation is not required by the terms of the Loan Documents or by applicable law for the continued validity and enforceability of any Loan Document (including, without limitation, the Company Guaranty, the Domestic Subsidiary
Guaranty, the U.K. Guaranty and the Domestic Pledge Agreement) to which it is a party in accordance with its respective terms but that this Reaffirmation is executed to induce the Lenders and the Administrative Agent to approve of and otherwise
enter into the Amendment. 
 (b) Each of the Company, the Domestic Guarantors and the Administrative Agent hereby agrees that
Section 2.1(g) of the Domestic Pledge Agreement is hereby amended and restated in its entirety as follows: “(g) Goods, Equipment and Inventory”. 

(c) Each of the Company and the Administrative Agent hereby agrees that the Company Guaranty is hereby amended as follows: 

(i) The Company Guaranty is hereby amended by adding the following paragraphs and definitions as a new paragraph immediately
following the end of Section 1 thereof: 
 “As used in this Guaranty, the following terms have the meanings
specified below: 
 “Commodity Exchange Act” means the Commodity Exchange Act (7 U.S.C. § 1 et
seq.), as amended from time to time, and any successor statute. 

  
 Omnibus
Reaffirmation 

 “Excluded Swap Obligation” means, with respect to the Guarantor
or any other guarantor under the Loan Documents (each, an “Other Guarantor”), any Swap Obligation if, and to the extent that, all or a portion of the Guarantee of the Guarantor or such Other Guarantor of, or the grant by the
Guarantor or such Other Guarantor of a security interest to secure, such Swap Obligation (or any Guarantee thereof) is or becomes illegal under the Commodity Exchange Act or any rule, regulation or order of the Commodity Futures Trading Commission
(or the application or official interpretation of any thereof) by virtue of the Guarantor’s or such Other Guarantor’s failure for any reason to constitute an “eligible contract participant” as defined in the Commodity Exchange
Act (determined after giving effect to Section 20 and any other “keepwell, support or other agreement” for the benefit of the Guarantor or such Other Guarantor and any and all guarantees of the Guarantor’s or such Other
Guarantor’s Swap Obligations by other Loan Parties) at the time the Guarantee of the Guarantor or such Other Guarantor, or a grant by the Guarantor or such Other Guarantor of a security interest, becomes effective with respect to such Swap
Obligation. If a Swap Obligation arises under a master agreement governing more than one swap, such exclusion shall apply only to the portion of such Swap Obligation that is attributable to swaps for which such Guarantee or security interest is or
becomes illegal. 
 “Qualified ECP Guarantor” shall mean, in respect of any Swap Obligation at any time,
each Loan Party with total assets exceeding $10,000,000 at the time the relevant Guarantee or grant of the relevant security interest becomes effective with respect to such Swap Obligation or that qualifies at such time as an “eligible contract
participant” under the Commodity Exchange Act and can cause another person to qualify as an “eligible contract participant” at such time by entering into a keepwell under Section 1a(18)(A)(v)(II) of the Commodity Exchange Act.

 “Specified Loan Party” means any Loan Party that is not an “eligible contract participant”
under the Commodity Exchange Act (determined prior to giving effect to Section 20 or to any similar “keepwell, support or other agreement” in any other Guaranty (as defined in the Credit Agreement)). 

“Swap Obligations” means with respect to the Guarantor or any Other Guarantor, any obligation to pay or
perform under any agreement, contract or transaction that constitutes a “swap” within the meaning of Section 1a(47) of the Commodity Exchange Act.” 

(ii) Section 1 of the Company Guaranty is hereby amended by adding the following proviso at the end of the first sentence
thereof: “provided, that the Guaranteed Obligations shall exclude any Excluded Swap Obligations”. 
 (iii)
The Company Guaranty is hereby amended by adding a new Section 20 thereto in the appropriate numerical order as follows: 

“20. Keepwell. To the extent that the Guarantor is a Qualified ECP Guarantor, the Guarantor hereby absolutely,
unconditionally and irrevocably undertakes to provide such funds or other support to each Specified Loan Party 

  
 Omnibus
Reaffirmation 

 
with respect to any Swap Obligations as may be needed by such Specified Loan Party from time to time to honor all of its obligations under this Guaranty, any other Guaranty (as defined in the
Credit Agreement) to which it is a party and the other Loan Documents in respect of such Swap Obligations (but, in each case, only up to the maximum amount of such liability that can be hereby incurred without rendering the Guarantor’s
obligations and undertakings under this Guaranty voidable under applicable law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations and undertakings of the Guarantor under this Section shall
remain in full force and effect until the Guaranteed Obligations have been indefeasibly paid and performed in full (other than any contingent indemnification or expense reimbursement obligations for which no claim has been made). The Guarantor
intends this Section to constitute, and this Section shall be deemed to constitute, a “keepwell, support, or other agreement” for the benefit of each Specified Loan Party for all purposes of the Commodity Exchange Act.” 

(d) Each Domestic Guarantor and the Administrative Agent hereby agrees that the Domestic Subsidiary Guaranty is hereby amended as follows:

 (i) The Domestic Subsidiary Guaranty is hereby amended by adding the following paragraphs and definitions as a new
paragraph immediately following the end of Section 1 thereof: 
 “As used in this Guaranty, the following terms
have the meanings specified below: 
 “Commodity Exchange Act” means the Commodity Exchange Act (7 U.S.C.
§ 1 et seq.), as amended from time to time, and any successor statute. 
 “Excluded Swap
Obligation” means, with respect to any Guarantor or other any guarantor under the Loan Documents (each, an “Other Guarantor”), any Swap Obligation if, and to the extent that, all or a portion of the Guarantee of such
Guarantor or such Other Guarantor of, or the grant by such Guarantor or such Other Guarantor of a security interest to secure, such Swap Obligation (or any Guarantee thereof) is or becomes illegal under the Commodity Exchange Act or any rule,
regulation or order of the Commodity Futures Trading Commission (or the application or official interpretation of any thereof) by virtue of such Guarantor’s or such Other Guarantor’s failure for any reason to constitute an “eligible
contract participant” as defined in the Commodity Exchange Act (determined after giving effect to Section 21 and any other “keepwell, support or other agreement” for the benefit of such Guarantor or such Other Guarantor
and any and all guarantees of such Guarantor’s or such Other Guarantor’s Swap Obligations by other Loan Parties) at the time the Guarantee of such Guarantor or such Other Guarantor, or a grant by such Guarantor or such Other Guarantor of a
security interest, becomes effective with respect to such Swap Obligation. If a Swap Obligation arises under a master agreement governing more than one swap, such exclusion shall apply only to the portion of such Swap Obligation that is attributable
to swaps for which such Guarantee or security interest is or becomes illegal. 

  
 Omnibus
Reaffirmation 

 “Qualified ECP Guarantor” shall mean, in respect of any Swap
Obligation at any time, each Loan Party with total assets exceeding $10,000,000 at the time the relevant Guarantee or grant of the relevant security interest becomes effective with respect to such Swap Obligation or that qualifies at such time as an
“eligible contract participant” under the Commodity Exchange Act and can cause another person to qualify as an “eligible contract participant” at such time by entering into a keepwell under Section 1a(18)(A)(v)(II) of the
Commodity Exchange Act. 
 “Specified Loan Party” means any Loan Party that is not an “eligible
contract participant” under the Commodity Exchange Act (determined prior to giving effect to Section 21 or to any similar “keepwell, support or other agreement” in any other Guaranty (as defined in the Credit Agreement)).

 “Swap Obligations” means with respect to any Guarantor or any Other Guarantor, any obligation to pay or
perform under any agreement, contract or transaction that constitutes a “swap” within the meaning of Section 1a(47) of the Commodity Exchange Act.” 

(ii) Section 1 of the Domestic Subsidiary Guaranty is hereby amended by adding the following proviso at the end of the
first sentence thereof: “provided, that the Guaranteed Obligations shall exclude any Excluded Swap Obligations”. 

(iii) The Domestic Subsidiary Guaranty is hereby amended by adding a new Section 21 thereto in the appropriate numerical
order as follows: 
 “21. Keepwell. Each Guarantor that is a Qualified ECP Guarantor hereby, jointly and
severally, absolutely, unconditionally and irrevocably undertakes to provide such funds or other support to each Specified Loan Party with respect to any Swap Obligations as may be needed by such Specified Loan Party from time to time to honor all
of its obligations under this Guaranty, any other Guaranty (as defined in the Credit Agreement) to which it is a party and the other Loan Documents in respect of such Swap Obligations (but, in each case, only up to the maximum amount of such
liability that can be hereby incurred without rendering such Qualified ECP Guarantor’s obligations and undertakings under this Guaranty or any other Guaranty (as defined in the Credit Agreement) to which it is a party voidable under applicable
law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations and undertakings of each Qualified ECP Guarantor under this Section shall remain in full force and effect until the Guaranteed Obligations
have been indefeasibly paid and performed in full (other than any contingent indemnification or expense reimbursement obligations for which no claim has been made). Each Qualified ECP Guarantor intends this Section to constitute, and this Section
shall be deemed to constitute, a “keepwell, support, or other agreement” for the benefit of each Specified Loan Party for all purposes of the Commodity Exchange Act.” 

(e) This Reaffirmation is a Loan Document and shall (unless otherwise expressly indicated herein) be construed, administered and applied in
accordance with all of the terms and provisions of the Credit Agreement. 

  
 Omnibus
Reaffirmation 

 (f) This Reaffirmation shall be binding upon and inure to the benefit of the parties hereto and
to their respective successors and permitted assigns. 
 (g) This Reaffirmation may be executed by the parties hereto in several
counterparts, each of which shall be an original and all of which shall constitute together but one and the same agreement. 
 (h) This
Reaffirmation represents the agreement of the Loan Parties, the Administrative Agent and each of the Lenders (through the Lenders’ execution of the Credit Agreement and approval of the form of this Reaffirmation attached thereto) with respect
to the subject matter hereof, and there are no promises, undertakings, representations or warranties relative to the subject matter hereof not expressly set forth or referred to herein or in the other Loan Documents. 

(i) This Reaffirmation shall be governed by, and construed in accordance with, the laws of the State of New York. 

(j) The terms of Sections 10.14 (Governing Law; Jurisdiction; Etc.) and 10.15 (Waiver of Jury Trial) of the Credit Agreement are incorporated
herein as though set forth in full. 
 [Signature pages to follow] 

  
 Omnibus
Reaffirmation 

 IN WITNESS WHEREOF, each of the undersigned intending to be legally bound hereby, has caused this
Reaffirmation to be executed as of the date first above written. 
  

			
	KOFAX, INC., a Delaware corporation 
	By:	 	  

	Name:	 	
	Title:	 	
	
	 KOFAX PLC, a public limited company

incorporated under the laws of England and Wales

	By:	 	  

	Name:	 	
	Title:	 	
	
	KOFAX HOLDING AG, a company limited by shares incorporated under the laws of Switzerland
	By:	 	  

	Name:	 	
	Title:	 	
	
	 KOFAX HOLDINGS CORPORATION, a

Delaware corporation

	By:	 	  

	Name:	 	
	Title:	 	
	
	 KOFAX COMPONENTS CORPORATION, a

Delaware corporation

	By:	 	  

	Name:	 	
	Title:	 	
	
	KOFAX INTERNATIONAL, INC., a Delaware corporation
	By:	 	  

	Name:	 	
	Title:	 	

  
 Omnibus
Reaffirmation 

			
	 KOFAX INVESTMENT LIMITED, a private

limited company incorporated under the laws of England and Wales

	By:	 	  

	Name:	 	
	Title:	 	
	
	KOFAX HOLDINGS INTERNATIONAL LIMITED, a private limited company incorporated under the laws of England and Wales
	By:	 	  

	Name:	 	
	Title:	 	
	
	KOFAX UK LIMITED, a private limited company incorporated under the laws of England and Wales
	By:	 	  

	Name:	 	
	Title:	 	
	
	KOFAX NORTHERN IRELAND LIMITED, a private limited company incorporated under the laws of Northern Ireland
	By:	 	  

	Name:	 	
	Title:	 	

  
 Omnibus
Reaffirmation 

			
	 BANK OF AMERICA, N.A.,
 as the
Administrative Agent

	By:	 	  

	Name:	 	
	Title:	 	

  
 Omnibus
Reaffirmation 

 EXHIBIT D 

FORM OF COMPLIANCE CERTIFICATE 

Financial Statement Date:
                    , 
 To: Bank of America, N.A., as
Administrative Agent 
 Ladies and Gentlemen: 

Reference is made to that certain Credit Agreement, dated as of August 10, 2011 (as amended, restated, extended, supplemented or
otherwise modified in writing from time to time, the “Agreement;” the terms defined therein being used herein as therein defined), among Kofax plc, a public limited company incorporated in England and Wales (the
“Parent”), Kofax, Inc., a Delaware corporation (the “Company”), Kofax Holdings AG, a company limited by shares incorporated under the laws of Switzerland (“Kofax Switzerland” and, together with the
Company and the Parent, the “Borrowers” and, each a “Borrower”), the Lenders from time to time party thereto, and Bank of America, N.A., as Administrative Agent and L/C Issuer. 

The undersigned Responsible Officer hereby certifies as of the date hereof that he/she is the
                                         of the
Parent, and that, as such, he/she is authorized to execute and deliver this Compliance Certificate to the Administrative Agent on the behalf of the Parent, and that: 

[Use following paragraph 1 for fiscal year-end financial statements] 

1. The Parent has delivered the year-end audited financial statements required by Section 6.01(a) of the Agreement for the fiscal
year of the Parent ended as of the above date, together with the report and opinion of an independent certified public accountant required by such section. 

[Use following paragraph 1 for fiscal quarter-end financial statements] 

1. The Parent has delivered the unaudited financial statements required by Section 6.01[(b)][(c)] of the Agreement for the fiscal
quarter of the Parent ended as of the above date. Such financial statements fairly present the financial condition, results of operations and cash flows of the Parent and its Subsidiaries in accordance with IFRS as at such date and for such period,
subject only to normal year-end audit adjustments and the absence of footnotes. 
 2. The undersigned has reviewed and is familiar with the
terms of the Agreement and has made, or has caused to be made under his/her supervision, a detailed review of the transactions and condition (financial or otherwise) of the Borrowers during the accounting period covered by such financial statements.

 3. A review of the activities of the Borrowers during such fiscal period has been made under the supervision of the undersigned with a
view to determining whether during such fiscal period each Borrower performed and observed all its Obligations under the Loan Documents, and 

  
 Exhibit D-1 

 [select one:] 

[to the best knowledge of the undersigned, during such fiscal period each Borrower performed and observed each covenant and condition of
the Loan Documents applicable to it, and no Default has occurred and is continuing.] 
 —or— 

[to the best knowledge of the undersigned, during such fiscal period the following covenants or conditions have not been performed or
observed and the following is a list of each such Default and its nature and status:] 
 4. The representations and warranties of the
Borrowers contained in Article V of the Agreement, and any representations and warranties of any Loan Party that are contained in any document furnished at any time under or in connection with the Loan Documents, are true and correct on and
as of the date hereof, except to the extent that such representations and warranties specifically refer to an earlier date, in which case they are true and correct as of such earlier date, and except that for purposes of this Compliance Certificate,
the representations and warranties contained in subsections (a) and (b) of Section 5.05 of the Agreement shall be deemed to refer to the most recent statements furnished pursuant to clauses (a) and (b), respectively, of
Section 6.01 of the Agreement, including the statements in connection with which this Compliance Certificate is delivered. 
 5.
The financial covenant analyses and information set forth on Schedule 1 attached hereto are true and accurate on and as of the date of this Compliance Certificate. 

6. Pursuant to Section 6.02(b) of the Agreement, attached as Schedule 2 attached hereto is a complete list of its Material
Subsidiaries and, in the case of any Subsidiary being newly designated as a Material Subsidiary, the total revenues of such Subsidiary for the period of four fiscal quarters ending on the above date and the percentage of the total revenues of the
Parent and its Subsidiaries on a consolidated basis represented thereby. The Borrowers have complied with Section 6.13 of the Agreement with respect to each such Subsidiary. 

7. Pursuant to Section 4.4(b) of the Domestic Pledge Agreement, [no Grantor (as defined in the Domestic Pledge Agreement) has
filed any new application to register any Patent, Trademark or Copyright, or has obtained any ownership interest in any Patent, Trademark or Copyright, in each case, since the most recent date on which such financial statements were delivered]
[any Grantor (as defined in the Domestic Pledge Agreement) that has filed any new application to register any Patent, Trademark or Copyright, or has obtained any ownership interest in any Patent, Trademark or Copyright, in each case, since the
most recent date on which such financial statements were delivered, has delivered to the Administrative Agent a duly executed Patent Security Agreement, Trademark Security Agreement or Copyright Security Interest in the form of Exhibit A,
Exhibit B or Exhibit C to the Domestic Pledge Agreement, as applicable, with respect to each such new registration or ownership interest].1 

 

	1 	Select as applicable. 

  
 Exhibit D- 2 

 IN WITNESS WHEREOF, the undersigned has executed this Compliance Certificate as of
                    ,                     . 

 

			
	KOFAX PLC
		
	By:	 	  

	Name:	 	  

	Title:	 	  

  
 Exhibit D- 3 

 For the Quarter/Year ended
                    (“Statement Date”) 

SCHEDULE 1 
 ($ in 000’s) 

 

											
	I.	    	Section 7.11 – Minimum EBITDA.	    		  	
					
		    	A.	    	Consolidated EBITDA of Parent and its Subsidiaries for four consecutive fiscal quarters ending on Statement Date (“Subject Period”):	    		  	
						
		    		    	1.	    	Consolidated Net Income of Parent and its Subsidiaries for Subject Period:	    		  	$            
						
		    		    	2.	    	To the extent deducted in calculating such Consolidated Net Income, Consolidated Interest Charges for Subject Period:	    		  	$            
						
		    		    	3.	    	To the extent deducted in calculating such Consolidated Net Income, provision for Federal, state, local and foreign income taxes for Subject Period:	    		  	$            
						
		    		    	4.	    	To the extent deducted in calculating such Consolidated Net Income, depreciation expenses for Subject Period:	    		  	$            
						
		    		    	5.	    	To the extent deducted in calculating such Consolidated Net Income, amortization expenses for Subject Period:	    		  	$            
						
		    		    	6.	    	To the extent deducted in calculating such Consolidated Net Income, (i) other non-recurring expenses, (ii) all non-cash charges, expenses or losses, (iii) severance, retention bonuses or other similar one-time compensation
payments made to officers or employees, (iv) fees, costs and expenses incurred in connection with the transactions contemplated by, or due pursuant to, the Agreement and the other Loan Documents, and (v) fees, costs and expenses incurred in
connection with any Investment, issuance of Equity Interests, Disposition of assets or Permitted Acquisition, in each case, whether or not consummated and to the extent not prohibited by the Agreement or the other Loan Documents, in the case of each
of clauses (i) – (v) for Subject Period and as more particularly described below:	    		  	$            
						
		    		    		    	Acquisition-related costs	    	$            	  	
						
		    		    		    	Amortization of acquired intangible assets (excluding amounts already included in amortization expense)	    	$            	  	
						
		    		    		    	Restructuring costs	    	$            	  	
						
		    		    		    	Share-based payment expenses (excluding amounts already included in amortization expense)	    	$            	  	

  
 Exhibit D- 4 

									
		 		    	Non-cash foreign exchange losses	  	$            
					
		 		    		    	IPO and other non-recurring expenses included in Other Operating Expenses, net	  	$            
					
		 		    	7.	    	To the extent deducted in calculating such Consolidated Net Income, losses from discontinued operations for Subject Period:	  	$            
					
		 		    	8.	    	To the extent deducted in calculating such Consolidated Net Income, amounts paid by any Loan Party to or for the benefit of a seller in connection with a Permitted Acquisition constituting purchase price adjustments (including
pertaining to working capital, balance sheet items, revenues, income and other financial or operational metrics) for Subject Period:	  	$            
					
		 		    	9.	    	To the extent included in calculating such Consolidated Net Income, any gains from discontinued operations for Subject Period:	  	$            
					
		 		    	10.	    	To the extent included in calculating such Consolidated Net Income, (i) all non-cash items increasing Consolidated Net Income (including non-cash foreign exchange gains) and (ii) non-recurring income included in other operating
expenses, net for Subject Period:	  	$            
					
		 		    	11.	    	Consolidated EBITDA of Parent and its Subsidiaries (Lines I.A.1 + 2 + 3 + 4 + 5 + 6 + 7 + 8 – 9 – 10):	  	$            
				
		 	B.	    	Minimum Consolidated EBITDA of Parent and its Subsidiaries for Subject Period:	  	
					
		 		    	1.	    	50% of all Acquired EBITDA2 during Subject Period:	  	
					
		 		    	2.	    	Aggregate Commitment Amount as in effect on the Statement Date:	  	$            
					
		 		    	3.	    	Minimum Consolidated EBITDA ($30,000 + lesser of Line I.B.1 and Line I.B.2):	  	$            
				
		 	C.	    	Consolidated EBITDA of Kofax Holdings and its Domestic Subsidiaries for Subject Period:	  	
					
		 		    	1.	    	Consolidated Net Income of Kofax Holdings and its Domestic Subsidiaries for Subject Period:	  	$            
					
		 		    	2.	    	To the extent deducted in calculating such Consolidated Net Income, Consolidated Interest Charges for Subject Period:	  	$            
					
		 		    	3.	    	To the extent deducted in calculating such Consolidated Net Income, provision for Federal, state, local and foreign income taxes for Subject Period:	  	$            

  
  

	2 	See Section IV below. 

  
 Exhibit D- 5 

									
		 	4.	    	To the extent deducted in calculating such Consolidated Net Income, depreciation expenses for Subject Period:	    		  	$            
					
		 	5.	    	To the extent deducted in calculating such Consolidated Net Income, amortization expenses for Subject Period:	    		  	$            
					
		 	6.	    	To the extent deducted in calculating such Consolidated Net Income, (i) other non-recurring expenses, (ii) all non-cash charges, expenses or losses, (iii) severance, retention bonuses or other similar one-time compensation
payments made to officers or employees, (iv) fees, costs and expenses incurred by Company and its Subsidiaries in connection with the transactions contemplated by, or due pursuant to, the Agreement and the other Loan Documents, and (v) fees, costs
and expenses incurred by Company or its Subsidiaries in connection with any Investment, issuance of Equity Interests, Disposition of assets or Permitted Acquisition, in each case, whether or not consummated and to the extent not prohibited by the
Agreement or the other Loan Documents, in the case of each of clauses (i) – (v) above, for Subject Period and as more particularly described below:	    		  	$            
					
		 		    	Acquisition-related costs	    	$            	  	
					
		 		    	Amortization of acquired intangible assets (excluding amounts already included in amortization expense)	    	$            	  	
					
		 		    	Restructuring costs	    	$            	  	
					
		 		    	Share-based payment expenses (excluding amounts already included in amortization expense)	    	$            	  	
					
		 		    	Non-cash foreign exchange losses	    	$            	  	
					
		 		    	IPO and other non-recurring expenses included in Other Operating Expenses, net	    	$            	  	
					
		 	7.	    	To the extent deducted in calculating such Consolidated Net Income, losses from discontinued operations for Subject Period:	    		  	$            
					
		 	8.	    	To the extent deducted in calculating such Consolidated Net Income, amounts paid by Company or its Subsidiaries (to the extent any such Person is a Loan Party) to or for the benefit of a seller in connection with a Permitted
Acquisition constituting purchase price adjustments (including pertaining to working capital, balance sheet items, revenues, income and other financial or operational metrics) for Subject Period:	    		  	$            
					
		 	9.	    	To the extent included in calculating such Consolidated Net Income, any gains from discontinued operations for Subject Period:	    		  	$            

  
 Exhibit D- 6 

											
		 		    		    	10.	    	To the extent included in calculating such Consolidated Net Income, (i) all non-cash items increasing Consolidated Net Income (including non-cash foreign exchange gains) and (ii) non-recurring income included in Other Operating
Expenses, net for Subject Period:	  	$            
						
		 		    		    	11.	    	Consolidated EBITDA of Kofax Holdings and its Domestic Subsidiaries (Lines I.B.1 + 2 + 3 + 4 + 5 + 6 + 7 + 8 – 9 – 10):	  	$            
					
		 		    	D.	    	Minimum Consolidated EBITDA of Kofax Holdings and its Domestic Subsidiaries for Subject Period:	  	
						
		 		    		    	1.	    	50% of the Acquired EBITDA that is attributable to the United States business operations of any acquired Domestic Subsidiary during such Test Period during Subject Period:	  	$            
						
		 		    		    	2.	    	50% of Aggregate Commitment Amount as in effect on the Statement Date:	  	$            
						
		 		    		    	3.	    	Minimum Consolidated EBITDA ($15,000 + lesser of Line I.D.1 and Line I.D.2):	  	$            
				
	II.	 		    	Section 7.12 – Minimum Liquidity.	  	
						
		 		    	A.	    		    	Unencumbered Liquid Assets of Kofax Holdings and its Domestic Subsidiaries as of Statement Date:	  	$            
						
		 		    		    		    	Minimum Required:	  	        $10,000
				
	III.	 		    	Section 7.13 – Consolidated Leverage Ratio.	  	
						
		 		    	A.	    		    	Consolidated Funded Indebtedness at Statement Date:	  	$            
						
		 		    	B.	    		    	Consolidated EBITDA for Subject Period (Line I.A.11 above):	  	$            
						
		 		    	C.	    		    	Consolidated Leverage Ratio (Line III.A ( Line III.B):	  	            to 1
						
		 		    		    		    	[Maximum permitted:	  	1.50 to 1]3
				
	IV.	 		    	Acquired EBITDA.	  	
						
		 		    	A.	    		    	Consolidated EBITDA of                     4 (the “Acquired
Person1”) for Subject Period):	  	

  
  

	3 	Maximum applicable commencing at the end of the fiscal quarter during which the Commitments shall have been increased pursuant to Section 2.13 of the Credit Agreement (but Consolidated Leverage Ratio shall be calculated
in each Compliance Certificate). 

	4 	Insert name of any Person acquired by any Loan Party during Subject Period pursuant to a Permitted Acquisition. Calculation is subject to consent, verification and ultimate determination by Administrative Agent. Repeat
this Section IV.A for any such additional Persons acquired during Subject Period; aggregate Acquired EBITDA for Subject Period to equal the sum of Line 14 from each lettered subsection of this Section IV. 

  
 Exhibit D- 7 

									
					
		 	1.	    	Consolidated Net Income of Acquired Person 1 and its Subsidiaries for Subject Period:	    		  	$            
					
		 	2.	    	To the extent deducted in calculating such Consolidated Net Income, Consolidated Interest Charges for Subject Period:	    		  	$            
					
		 	3.	    	To the extent deducted in calculating such Consolidated Net Income, provision for Federal, state, local and foreign income taxes for Subject Period:	    		  	$            
					
		 	4.	    	To the extent deducted in calculating such Consolidated Net Income, depreciation expenses for Subject Period:	    		  	$            
					
		 	5.	    	To the extent deducted in calculating such Consolidated Net Income, amortization expenses for Subject Period:	    		  	$            
					
		 	6.	    	To the extent deducted in calculating such Consolidated Net Income, (i) other non-recurring expenses, (ii) all non-cash charges, expenses or losses, (iii) severance, retention bonuses or other similar one-time compensation
payments made to officers or employees, (iv) fees, costs and expenses incurred by Acquired Person 1 and its Subsidiaries in connection with the transactions contemplated by, or due pursuant to, the Agreement and the other Loan Documents, and (v)
fees, costs and expenses incurred by Acquired Person 1 and its Subsidiaries in connection with any Investment, issuance of Equity Interests, Disposition of assets or Permitted Acquisition, in each case, whether or not consummated and to the extent
not prohibited by the Agreement or the other Loan Documents, in the case of each of clauses (i) – (v), for Subject Period and as more particularly described below:	    		  	$            
					
		 		    	Acquisition-related costs	    	$            	  	
					
		 		    	Amortization of acquired intangible assets (excluding amounts already included in amortization expense)	    	$            	  	
					
		 		    	Restructuring costs	    	$            	  	
					
		 		    	Share-based payment expenses (excluding amounts already included in amortization expense)	    	$            	  	
					
		 		    	Non-cash foreign exchange losses	    	$            	  	
					
		 		    	IPO and other non-recurring expenses included in Other Operating Expenses, net	    	$            	  	
					
		 	7.	    	To the extent deducted in calculating such Consolidated Net Income, losses from discontinued operations for Subject Period:	    		  	$            

  
 Exhibit D- 8 

							
		 	8.	    	To the extent deducted in calculating such Consolidated Net Income, amounts paid by Acquired Person 1 and its Subsidiaries (to the extent any such Person is a Loan Party) to or for the benefit of a seller in connection with a
Permitted Acquisition constituting purchase price adjustments (including pertaining to working capital, balance sheet items, revenues, income and other financial or operational metrics) for Subject Period:	  	$            
				
		 	9.	    	To the extent included in calculating such Consolidated Net Income, any gains from discontinued operations for Subject Period:	  	$            
				
		 	10.	    	To the extent included in calculating such Consolidated Net Income, (i) all non-cash items increasing Consolidated Net Income (including non-cash foreign exchange gains) and (ii) non-recurring income included in Other Operating
Expenses, net for Subject Period:	  	$            
				
		 	11.	    	Consolidated EBITDA of Acquired Person 1 and its Subsidiaries (Lines I.A.1 + 2 + 3 + 4 + 5 + 6 + 7 + 8 – 9 – 10):	  	$            

  
 Exhibit D- 9 

 SCHEDULE 2 

Material Subsidiaries 

  
 Exhibit D- 10

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