Document:

EX-4.14

 Exhibit 4.14 

EXECUTIVE EMPLOYMENT AGREEMENT (NOVEMBER 2013) 

THIS AGREEMENT made as of the 07 day of February, 2014. 

BETWEEN: 

SMART TECHNOLOGIES CORPORATION, a Delaware corporation (the “Corporation”) 

OF THE FIRST PART 
 AND 

GREGORY ESTELL, of Dallas, Texas (the “Executive”) 

OF THE SECOND PART 

WHEREAS the Corporation and the Executive entered into an Executive Employment Agreement dated as of February 27,
2013 (the “Former Agreement”); 
 AND WHEREAS the parties wish to outline and confirm the terms and
conditions of their employment relationship in this Executive Employment Agreement (November 2013) (this “Agreement”); 

NOW THEREFORE in consideration of the payment of the sum of ONE ($1.00) DOLLAR by each party to the other, the mutual
covenants and agreements hereinafter contained and other good and valuable consideration (the receipt and sufficiency which is hereby acknowledged) the parties have agreed and this Agreement witnesses as follows: 

ARTICLE 1 
 TERM OF
EMPLOYMENT 
 1.1 The Corporation agrees to continue to employ the Executive in the capacity of President, Education and reporting to
Chief Executive Officer (“CEO”), and the Executive agrees to continue to perform the duties required of the Executive in accordance with this Agreement. 

1.2 This Agreement shall be effective as of November 7, 2013 (the “Effective Date”) and the Executive’s employment
and this Agreement shall continue indefinitely thereafter until terminated in accordance with this Agreement. 
 ARTICLE 2 

DUTIES 
 2.1 The Executive
shall continue to serve the Corporation in the capacity of President, Education and shall continue to perform the duties, initially as outlined in Schedule “A” and as determined from time to time by the CEO and/or the Board of Directors of
the Corporation, to the best of the Executive’s ability and hereby covenants to continue to use the Executive’s best efforts to promote the interests of the Corporation. 

2.2 The Executive shall also continue to serve as President, Education of the Corporation’s parent corporation SMART Technologies ULC
(“SMART ULC”), and shall hold such other titles and positions with other subsidiaries and affiliates of the Corporation as may be reasonably requested by the Board of Directors of the Corporation from time to time. 

 2.3 The Executive agrees to devote the Executive’s full time and attention to the
business and affairs of the Corporation and its affiliates and subsidiaries (the “SMART Group”) and shall not, without the consent of the CEO and/or the Board of Directors of the Corporation, undertake during the course of the
Executive’s employment any other business or occupation or become a director, officer, consultant, advisor, employee, or agent of another company, firm or proprietorship. 

ARTICLE 3 

REMUNERATION, BENEFITS AND OTHER 

3.1 The Executive shall receive an annual salary (“Annual Salary”) of USD$375,000 less statutory deductions payable in equal
instalments in arrears on a semi-monthly basis. The Annual Salary of the Executive will be reviewed on an annual basis, and may, in the absolute discretion of the Compensation Committee of the Board of Directors of the Corporation, be increased from
time to time. 
 3.2 In addition to the Annual Salary provided for in Article 3.1, the Executive may also receive an annual bonus, the
payment terms and potential amount of which are described in the Discretionary Bonus Plan and as proposed by the CEO to the Compensation Committee who may recommend that the Board of Directors approve such payment. 

3.3 In addition to the Annual Salary provided for in Article 3.1, the Executive shall be entitled to receive the following perquisites and
benefits as further described in the Corporation’s benefit material and Corporate policy documents (as amended from time to time): 
  

	(a)	 participation in the group benefit plan adopted by the Corporation for all employees, and as amended from time to time; 

 

	(b)	 participation in the Corporation’s 401K in accordance with the terms and conditions of such plan, as may be amended from time to time;

  

	(c)	 paid vacation of three (3) weeks per year and additional time off in accordance with the Corporation’s Paid Time Off policy, as amended
from time to time, and in taking such time off the Executive shall have regard to the business of the Corporation; and 

  

	(d)	 participation in such other plans, programs and perquisites as may be adopted by the Corporation for either all employees or executive management
personnel and as amended from time to time. 

 3.4 In addition, the Executive shall continue to participate in the
Corporation’s amended and restated equity incentive plan (the “Amended and Restated Equity Incentive Plan”) and shall be eligible for consideration for grants of options, performance share units (“Performance Share
Units”), and restricted share units (“Restricted Share Units”), such grants to be in accordance with the Amended and Restated Equity Incentive Plan, and the relevant award agreements, as such terms are amended by this
Agreement. The Corporation confirms that in addition to other awards under the Amended and Restated Equity Incentive Plan, the Executive was on May 16, 2013 granted 250,000 performance restricted share units (the “2013 PRS
Units”). 

  
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 3.5 Upon the occurrence of either a Change of Control or Going Private Transaction (as such terms
are defined in Schedule “B”) and provided the Executive remains employed at such time: 
  

	(a)	 all Restricted Share Units granted to the Executive that would otherwise vest within the one (1) year period following the effective date of
the Change of Control or Going Private Transaction shall accelerate and vest as of the effective date of the Change of Control or Going Private Transaction and be paid by the Corporation in accordance with the Amended and Restated Equity Incentive
Plan and the related restricted share unit agreement; and 

  

	(b)	 all Performance Share Units granted to the Executive that have performance criteria comprised of annualized total shareholder return
(“TSR”) shall accelerate and vest as of the effective date of the Change of Control or Going Private Transaction and shall be redeemed and paid pursuant to the terms of the Amended and Restated Equity Incentive Plan and the relevant
performance share unit agreements and the calculation of the TSR shall be determined after giving effect to the transaction that constituted the Change of Control or Going Private Transaction. 

3.6 Upon the occurrence of a Change of Control or Going Private Transaction and within one (1) year of the effective date of the Change
of Control or Going Private Transaction there is an event or events which constitute Good Reason (as defined in Schedule “B”) then, as of the date of the event or events that constitute Good Reason: 

 

	(a)	 all 2013 PRS Units shall accelerate and vest and shall be redeemed and paid pursuant to the terms of the Amended and Restated Equity Incentive Plan
on such date, at the highest performance multiple stipulated in the performance RSU agreement; and 

  

	(b)	 all Performance Share Units granted to the Executive that do not have TSR performance criteria, excluding the 2013 PRS Units, shall accelerate and
vest on such date provided that the performance criteria associated with such Performance Share Unit award(s) has been fulfilled, met, satisfied, or otherwise achieved in full, and only in such event shall be redeemed and paid pursuant to the terms
of the Amended and Restated Equity Incentive Plan. 

 3.7 The Executive shall be reimbursed for all reasonable
out-of-pocket expenses actually and properly incurred by the Executive in connection with the Executive’s duties hereunder. For all such expenses the Executive shall furnish to the Corporation statements and vouchers as and when required by it.

 ARTICLE 4 

TERMINATION OF THIS AGREEMENT 

4.1 The Corporation may terminate the Executive’s employment and this Agreement for just cause at any time without notice and without any
payment to the Executive whatsoever, save and except only for payment of the pro rata Annual Salary earned for services rendered up to and including the last day actually worked by the Executive, and any accrued and unused vacation pay. If the
Executive’s employment and this Agreement is terminated for just cause the Executive shall not be entitled to any bonus or pro rata bonus payment. 

4.2 The Executive can resign from the Executive’s employment and terminate this Agreement by providing the Corporation with two
(2) months’ written notice of the resignation date. If the Executive so resigns, the Executive is not entitled to any severance compensation nor is the Executive entitled to any bonus or pro rata bonus payment. 

  
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 4.3 The employment of the Executive and the Corporation’s obligation to compensate the
Executive with respect to employment will terminate: 
  

	(a)	 upon mutual written agreement of the parties; or 

  

	(b)	 upon the death of the Executive. 

4.4 The Corporation may immediately terminate this Agreement and the Executive’s employment, for any reason other than the reasons in
Articles 4.1, 4.2 and 4.3, and the Corporation shall pay the Executive, subject to the condition in Article 4.10, within five (5) business days of the Executive’s last day actively at work (the “Termination Date”) for the
Corporation, the following: 
  

	(a)	 the pro rata Annual Salary earned, but not yet paid, up to the Termination Date; 

 

	(b)	 all vacation accrued and unused as of the Termination Date to be calculated in accordance with the Corporation’s policies and procedures;

  

	(c)	 a separation benefit calculated on the following basis (the “Separation Benefit”): 

 

	 	(i)	 one (1.0) times the Executive’s then Annual Salary, less required withholdings; plus 

 

	 	(ii)	 one (1.0) times the average of all Discretionary Bonus Plan bonus payments to the Executive by the Corporation in the three (3) fiscal
years prior to the Termination Date, less required withholdings; plus 

  

	 	(iii)	 in consideration of the termination of all benefits and perquisites effective the Termination Date, an additional amount equal to seven percent
(7%) of the Executive’s then Annual Salary; and 

  

	(d)	 a payment equal to the average of all Discretionary Bonus Plan bonus payments paid to the Executive by the Corporation in the three (3) fiscal
years prior to the Termination Date, prorated to reflect the period of time that the Executive was employed with the Corporation in the fiscal year in which the Termination Date occurred. 

4.5 If the Corporation terminates this Agreement and the Executive’s employment, for any reason other than the reasons in Articles 4.1,
4.2 and 4.3, within twelve (12) months following a Change of Control or a Going Private Transaction, the Corporation shall within five (5) business days of the Termination Date, pay or provide to the Executive, subject to the condition in
Article 4.10, in addition to the payments provided for in Article 4.4: 
  

	(a)	 all 2013 PRS Units shall accelerate and vest and shall be redeemed and paid pursuant to the terms of the Amended and Restated Equity Incentive
Plan, at the highest performance multiple stipulated in the performance RSU agreement; and 

  

	(b)	 all Performance Share Units granted to the Executive that do not have TSR performance criteria, excluding the 2013 PRS Units, shall accelerate and
vest on such date provided that the performance criteria associated with such Performance Share Unit award(s) has been fulfilled, met, satisfied or otherwise achieved in full, and only in such event shall be redeemed and paid pursuant to the terms
of the Amended and Restated Equity Incentive Plan. 

 4.6 Upon the occurrence of a Change of Control (as defined in
Schedule “B”) and within one (1) year of the Change of Control an event or events that constitute Good Reason, the Executive shall have the right, for a period of ninety (90) days following the event or events that constitute
Good Reason, to elect to terminate this Agreement and employment with the Corporation upon providing the Corporation with 

  
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one (1) week advance written notice. If the Executive so elects to terminate this Agreement and employment with the Corporation, the Corporation shall, subject to the condition in Article
4.10, pay the Executive within five (5) business days of the Termination Date the payment and Separation Benefit provided for in Article 4.4, and in addition, accelerate and vest certain awards under the Amended and Restated Equity Incentive
Plan in accordance with the provisions of Articles 4.5(a) and (b) above. 
 4.7 If the Corporation terminates this Agreement and the
Executive’s employment pursuant to Article 4.4, and the effective date of a Change of Control or a Going Private Transaction is within three (3) months following the Termination Date, then in addition to the payment provided for in Article
4.4, on the effective date of a Change of Control or a Going Private Transaction: 
  

	(a)	 all 2013 PRS Units shall accelerate and vest and shall be redeemed and paid pursuant to the terms of the Amended and Restated Equity Incentive
Plan, at the highest performance multiple stipulated in the performance RSU agreement; 

  

	(b)	 all Performance Share Units granted to the Executive that do not have TSR performance criteria, excluding the 2013 PRS Units, shall accelerate and
vest on such date provided that the performance criteria associated with such Performance Share Unit award(s) has been fulfilled, met, satisfied or otherwise achieved in full, and only in such event shall be redeemed and paid pursuant to the terms
of the Amended and Restated Equity Incentive Plan; 

  

	(c)	 all Restricted Share Units granted to the Executive that would otherwise vest within the one (1) year period following the effective date of
the Change of Control or Going Private Transaction shall accelerate and vest as of the effective date of the Change of Control or Going Private Transaction and be paid by the Corporation in accordance with the Amended and Restated Equity Incentive
Plan and the related restricted share unit agreement; and 

  

	(d)	 all Performance Share Units granted to the Executive that have performance criteria comprised of annualized TSR shall accelerate and vest as of the
effective date of the Change of Control or Going Private Transaction and shall be redeemed and paid pursuant to the terms of the Amended and Restated Equity Incentive Plan and the relevant performance share unit agreements and the calculation of the
TSR shall be determined after giving effect to the transaction that constituted the Change of Control or Going Private Transaction. 

4.8 The parties agree that because there can be no exact measure of the damages that the Executive would incur as a result of the termination
of this Agreement and employment, the Separation Benefit payment contemplated in this Article 4, would be deemed to constitute a genuine pre estimate of the loss that the Executive would suffer upon the termination of employment and the parties
agree that this constitutes liquidated damages and not a penalty, and the Corporation agrees that the Executive will not be required to mitigate the Executive’s damages. 

4.9 The Executive understands and agrees that all benefits of employment, including long-term disability coverage, will cease as of the
Termination Date, and the Corporation has no liability for any damages caused by the cessation of such benefits regardless of the reason for termination or resignation. The Corporation has no obligation to extend benefit coverage past the
Termination Date. 
 4.10 The Executive agrees that, in exchange for the payments contemplated in Articles 4.4 and 4.5, and the accelerated
vesting of certain awards under the Amended and Restated Equity Incentive Plan, that the Executive shall sign a full and final release in favor of the SMART Group, in a form satisfactory to the Corporation, acting reasonably, and provided such
release shall not apply to any obligations of the Corporation to the Executive under indemnity agreement or directors’ and officers’ liability insurance contracts providing coverage for claims made against directors and officers acting in
their capacity as directors and officers of the Corporation. 

  
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 4.11 Notwithstanding the cessation of the Executive’s employment and the termination of this
Agreement, or the manner of termination, the provisions of Articles 5, 6, 7 and 8 of this Agreement shall survive such termination. 

ARTICLE 5 
 PERSONAL
COVENANTS AND POST-TERMINATION OBLIGATIONS 
 5.1 The Executive has carefully read and considered the provisions of this Article 5 and,
having done so, agrees that the restrictions set forth in this Article are fair and reasonable, and are reasonably required for the protection of the interests of the Corporation. The Executive recognizes and agrees that as an employee and executive
of the Corporation, the Executive will become knowledgeable, aware and possessed of confidential information. The Executive acknowledges and agrees that the Corporation is the sole and exclusive owner and proprietor of all such confidential
information, and that the Executive owes a fiduciary duty to the Corporation that includes, without limitation, a duty to ensure that confidential information is and remains at all times confidential. 

5.2 Non-Competition 
  

	(a)	 The Executive further acknowledges that in the course of employment the Executive will be assigned duties that will give the Executive knowledge of
confidential and proprietary information which relates to the conduct and details of SMART Group’s business including SMART Group’s customers and marketing programs and which may result in irreparable injury to the Corporation if the
Executive could enter into the employment of a business which is the same as or similar to and which is competitive to the Business (as Business is hereinafter defined). The Executive agrees with, and for the benefit of, the Corporation that the
Executive shall not without the prior written approval of the Board of Directors of the Corporation during the term of the Executive’s employment with the Corporation or at any time within the period of one (1) year following the date of
cessation of the Executive’s employment with the Corporation, however caused, either as an individual or as a partner or joint venturer or otherwise in conjunction with any person or persons, firm, association, syndicate, company or
corporation, as principal, agent, consultant, director, officer, employee, investor or in any other manner whatsoever, directly or indirectly, carry on, be engaged in, be interested in, or be concerned with, or permit the Executive’s name or
any part thereof to be used or employed by any such person or persons, firm, association, syndicate, company or corporation, carrying on, engaged in, interested in or concerned with, a business which is the same as or similar to the business
conducted by SMART Group as at the date of cessation of the Executive’s employment (the “Business”) within Canada and the United States or anywhere in the world where the SMART Group undertakes business. 

 

	(b)	 The Executive has the right to request the Corporation in advance for its agreement that a proposed business or position is not prohibited within
the terms of this Agreement. If the Executive receives written acknowledgment by the Corporation that the Corporation does not object to the Executive’s participation in any proposed business or position, then the Executive shall be allowed to
so participate. 

  

	(c)	 This Article shall not prevent the Executive from purchasing as a passive investor up to two (2%) percent of the outstanding publicly traded
shares or other securities of any class of an issuer listed on a recognized stock exchange. 

  
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 5.3 Non-Disclosure 

The Executive understands that the Corporation desires to keep its contractual relationship with SMART Group’s customers confidential.
The Executive agrees not to disclose any customer relationships unless authorized in writing by the Corporation or required by law other than pursuant to an agreement made by the Executive. 

5.4 Confidential Information 

The Executive will have access to SMART Group’s confidential information including, without limitation, information and data of or
relating to its customers. Such information and data is understood to include all information and data relating to SMART Group’s or the customer’s technology, know-how, products and technical and business data, and marketing strategies.
The Executive agrees to accept and retain such information and data in confidence and, at all times during or after the termination of employment, not to disclose or reveal such information and data to others and to refrain from using such
information and data for purposes other than those authorized by the Corporation. At the request of the Corporation, and upon cessation of employment, the Executive will promptly turn over to the Corporation all written or descriptive matter
containing confidential or proprietary information or data. 
 5.5 Patent-Copyright-Trademark 

 

	(a)	 The Executive agrees to make prompt and complete disclosure to the Corporation of any (i) invention, discovery, or improvement
(“Invention”), whether patentable or not and (ii) copyrightable material, which relate to the Business of SMART Group and which is made, conceived, or authored by the Executive, alone or with others, during the term of employment and,
with respect to an Invention, for one (1) year following the cessation of employment. 

  

	(b)	 The Executive agrees to and does hereby assign to the Corporation all of the Executive’s right, title and interest in any Invention(s) and
copyrightable material. At the request and expense of the Corporation, the Executive will render whatever assistance may be necessary for the Corporation to secure a patent or copyright for such Invention(s) or material. 

5.6 Non-Solicitation 

The Executive agrees that as a result of the Executive’s position with the Corporation, that the Executive has confidential information
with respect to other employees, consultants and customers of SMART Group. The Executive agrees for a period of two (2) years after cessation of the Executive’s employment with the Corporation, regardless of the reason for cessation, the
Executive shall not, directly or indirectly: 
  

	(a)	 solicit, induce, encourage or facilitate employees or consultants of SMART Group to leave the employment of, or consulting relationship with SMART
Group; and 

  

	(b)	 solicit, induce, encourage or facilitate any customer the Executive knows to be a customer of SMART Group to alter, modify, vary, diminish, or
cease such customer’s relationship with SMART Group, including without limitation, in favor or for the benefit of the Executive. 

5.7 Property 
 All
reports, computer programs, manuals, listings (including customer listings) and any other documentation or data furnished to or prepared by the Executive in connection with the Executive’s employment shall be the property of the Corporation.

  
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 5.8 Assistance in Litigation 

The Executive shall, after termination of this Agreement for any reason whatsoever, upon reasonable notice and upon payment of reasonable
expenses and reasonable compensation by the Corporation (but in no event shall such payment be at a rate less than what is specified in the indemnity agreement between the Corporation and the Executive in effect from time to time) , furnish such
information and proper assistance to the Corporation as may be reasonably required by the Corporation in connection with any litigation in which it is or may become a party other than litigation by the Corporation against the Executive. 

5.9 The Executive acknowledges and agrees that the provisions of this Article 5 do not limit the fiduciary obligations that the Executive owes
to the Corporation, both during and after the cessation of the Executive’s employment and the termination of this Agreement. 

ARTICLE 6 
 PERSONAL
DATA AND PRIVACY 
 6.1 The Executive acknowledges and agrees that the Corporation has the right to collect, use and disclose the
Executive’s personal information for purposes relating to the Executive’s employment with the Corporation, including: 
  

	(a)	 ensuring that the Executive is paid for the services performed for the Corporation; 

 

	(b)	 administering any benefits to which the Executive is or may become entitled to, including medical, dental, disability and life insurance benefits.
This shall include the disclosure of the Executive’s personal information to any insurance company and/or broker or to any entity that manages or administers the Corporation’s benefits on behalf of the Corporation; 

 

	(c)	 compliance with any withholding requirements relating to the Executive’s employment; 

 

	(d)	 conducting any compensation and benefit review; 

  

	(e)	 enforcing the Corporation’s policies including those relating to the proper use of the electronic communications network and to comply with
applicable laws; and 

  

	(f)	 in the event of a potential sale or transfer of all or part of the shares or assets of the Corporation or, disclosing to any potential acquiring
organization the Executive’s personal information for the purpose of determining the value of the Corporation and to evaluate the Executive’s position in the Corporation. If the Executive’s personal information is disclosed to any
potential acquiring organization, the Corporation will require the potential acquiring organization to agree to protect the privacy of the Executive’s personal information in a manner that is consistent with any policy of the Corporation
dealing with privacy that may be in effect from time to time and/or any applicable law that may be in effect from time to time. 

ARTICLE 7 
 NOTICE

 7.1 Any notice required to be given hereunder shall be in writing and sufficiently made if delivered personally or mailed by prepaid
registered mail to the parties at their respective addresses herein. 

  
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	(a)	 The Executive: 

Greg Estell 

8566 San Pedro Parkway 

Dallas, TX 75218 
  

	(b)	 The Corporation: 

SMART TECHNOLOGIES CORPORATION 

1655 North Fort Myers Dr., Suite 1120 

Arlington, VA 22209 

Attention: CEO, PRIVATE and CONFIDENTIAL 

With a copy to: 

SMART TECHNOLOGIES ULC 

3636 Research Road N.W. 

Calgary, Alberta T2L 1Y1 

Attention: Vice President, People Services 

Any such notice shall be deemed to have been given on the date it is delivered if personally delivered or, if mailed, on the third business
day following the mailing thereof. Either party may change its address for service by giving written notice hereunder. 
 ARTICLE 8

 GENERAL PROVISIONS 

8.1 Prior Employment Agreements 

This Agreement supersedes and replaces any prior written or unwritten employment agreements between the Executive and the Corporation,
including the Former Agreement, with the exception that the Executive acknowledges that the Executive continues to be bound by all earlier confidentiality, conflict of interest, fiduciary and intellectual property restrictions and obligations owed
to the Corporation. 
 8.2 Waiver 

Any waiver by a party of any breach of any provision of this Agreement by the other party shall not be binding unless in writing, and shall not
operate or be construed as a waiver of any other or subsequent breach by the Executive. 
 8.3 Headings 

The headings used in this Agreement are for convenience only and are not to be construed in any way as additions to or limitations of the
covenants and agreements contained in it. 
 8.4 Enurement 

The provisions of this Agreement shall enure to the benefit of and shall be binding upon the parties hereto and their respective heirs,
executors, administrators, other legal personal representatives, successors and permitted assigns. 

  
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 8.5 Governing Law 

This Agreement shall be governed by and construed in accordance with the laws in force in the Province of Alberta. 

8.6 Time of the Essence 

Time shall be of the essence of this Agreement. 

8.7 Enforceability and Severability 

If any paragraph, subparagraph or provision of this Agreement is determined to be unenforceable by a Court of competent jurisdiction then such
provision shall be severable from the remainder of this Agreement and the remainder of this Agreement shall be unaffected thereby and shall remain in full force and effect. 

IN WITNESS WHEREOF the parties hereto have executed these presents as of the day and year first above written, and
effective as of the Effective Date. 
  

			
	SMART TECHNOLOGIES CORPORATION
		
	Per:    	 	 /s/ Neil Gaydon

		 	 Neil Gaydon
 Chief Executive
Officer

  

	
	 /s/ Gregory Estell

	 GREGORY ESTELL

  
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 SCHEDULE “A” 

The Executive’s duties and responsibilities shall include: 
  

	 	•	 	 Develop and execute the Education Business Unit’s market strategy, financial objectives, and operating plans to grow the business by
leveraging SMART’s assets, technology, market position, brand and strategic relationships. 

  

	 	•	 	 Deliver top- and bottom-line performance. Lead all day-to-day operations of the business unit to achieve rapid and sustainable bottom-line impact
and achieve all financial, customer, and operating targets. 

  

	 	•	 	 Oversee, and continuously improve, all functions for the business unit, including: 

 

	 	•	 	 Sales 

  

	 	•	 	 Marketing 

  

	 	•	 	 Customer Service and Support 

  

	 	•	 	 Build credible, collaborative and effective working relationships with the CEO, the executive team, the board of directors, line employees and key
customers and partners to ensure the go-forward plan has comprehensive commitment across the organization. 

  

	 	•	 	 Set the “tone” for the business culture, fostering a success-oriented, accountability-based culture and ensuring that the mission and
core values of the business are put into practice. Exemplify the values of open communication, creativity and imagination to engender a team spirit to solve problems and identify and capture new business opportunities. 

 

	 	•	 	 Build a cohesive, high-performance organization. Work effectively to attract, recruit, retain, motivate and develop members of the team, providing
mentoring as a cornerstone to a management career development program. Assess, develop, and implement the organization structure needed to ensure that the organization is positioned to meet operational objectives. 

 

	 	•	 	 Be a highly accessible and visible leader to the organization, thereby sustaining and evolving SMART’s entrepreneurial culture while
instilling processes, infrastructure and procedures necessary to scale operations. 

  

	 	•	 	 Other duties as assigned. 

 SCHEDULE “B” 

DEFINITIONS 
 For the
purposes of this Agreement the following terms mean the following: 
  

	(a)	 “Affiliate” means affiliates and associates as those terms are defined in the Business Corporations Act (Alberta), as amended from
time to time; 

  

	(b)	 “Change of Control” shall mean the occurrence of any of the following events: 

 

	 	(i)	 a person, or group of persons, acting jointly and in concert, becomes the beneficial owner of securities of the Corporation constituting 50% or
more of the voting power of all outstanding voting securities of the Corporation, 

  

	 	(ii)	 individuals who were proposed as nominees (but not including nominees under a shareholder proposal) to become directors of the Corporation
immediately prior to a meeting of the shareholders of the Corporation involving a contest for, or an item of business relating to, the election of directors of the Corporation, not constituting a majority of the directors of the Corporation
following such election; 

  

	 	(iii)	 a merger, consolidation, amalgamation or arrangement of the Corporation (or a similar transaction) occurs, unless after the event, 50% or more of
the voting power of the combined corporation is beneficially owned by the same person or group of persons as immediately before the event; or 

  

	 	(iv)	 the Corporation’s shareholders approve a plan of complete liquidation or winding-up of the Corporation, or the sale or disposition of all or
substantially all the Corporation’s assets (other than a transfer to an Affiliate of the Corporation); 

provided that the following shall not constitute a Change of Control: 

 

	 	(A)	 any person, or group of persons, acting jointly or in concert, becoming the beneficial owner of the threshold of securities specified in
(a) as a result of the acquisition of securities by the Corporation or an Affiliate or a subsidiary which, by reducing the number of securities outstanding, increases the proportional number of securities beneficially held by that person or
group of persons; 

  

	 	(B)	 any acquisition of securities directly from the Corporation in connection with a bona fide financing or series of financings by the Corporation;

  

	 	(C)	 any acquisition by an employee benefit plan (or related trust) sponsored or maintained by the Corporation and/or its Affiliates; or

  

	 	(D)	 beneficial ownership by the Corporation or its Affiliates or any increased ownership by any of them. 

 

	(c)	 “Going Private Transaction” shall mean a transaction or series of transactions which has the effect of transforming the
Corporation into a private company (a company whose shares or securities are not listed and posted for trading on the TSX or other recognized stock exchange) and thereby eliminating the public shareholders; and 

	(d)	 “Good Reason” shall mean: (i) any adverse change, by the Corporation and without the agreement of the Executive following a
Change of Control, in any of the duties, powers, rights, discretions, salary, bonus, benefits, existing Awards (as defined in the Corporation’s Amended and Restated Equity Incentive Plan), title or lines of reporting, such that immediately
after such change or series of changes, the responsibilities and status of the Executive, taken as a whole, are not at least substantially equivalent to those assigned to the Executive immediately prior to such change or series of changes;
(ii) the requirement that the Executive be based anywhere other than the Corporation’s Calgary executive office on a normal and regular basis; or (iii) any reason which would be constructive dismissal by a court of competent
jurisdiction. 

  
 B - 2 

 AMENDING AGREEMENT NO. 1 

TO EXECUTIVE EMPLOYMENT AGREEMENT (NOVEMBER 2013) 

This Amendment (“Amendment”) amends the Executive Employment Agreement between SMART Technologies Corporation
and Greg Estell effective as of November 7, 2013 (the “Agreement”). 
 This Amendment is effective as of
May 16, 2014 (the “Effective Date”). 
 Capitalized terms not defined herein will have the meaning
ascribed to them under the Agreement. 
 For good and valuable consideration, the receipt of which is hereby acknowledged,
the parties agree as follows: 
  

	1.	 Schedule “B” to the Agreement is deleted and hereby replaced in its entirety with the following: 

SCHEDULE “B” 

DEFINITIONS 

For the purposes of this Agreement the following terms mean the following: 

 

	 	(a)	 “Affiliate” means affiliate as that term is defined in the Business Corporations Act (Alberta), as amended from time to
time; 

  

	 	(b)	 “Change of Control” shall mean the occurrence of any of the following events: 

 

	 	(i)	 a person, or group of persons, acting jointly and in concert, becomes the beneficial owner of securities of the Corporation constituting 50% or
more of the voting power of all outstanding voting securities of the Corporation; 

  

	 	(ii)	 individuals who were proposed as nominees (but not including nominees under a shareholder proposal) to become directors of the Corporation
immediately prior to a meeting of the shareholders of the Corporation involving a contest for, or an item of business relating to, the election of directors of the Corporation, not constituting a majority of the directors of the Corporation
following such election; 

  

	 	(iii)	 a merger, consolidation, amalgamation or arrangement of the Corporation (or a similar transaction) occurs, unless after the event, 50% or more of
the voting power of the combined corporation is beneficially owned by the same person or group of persons as immediately before the event; or 

  

	 	(iv)	 the Corporation’s shareholders approve a plan of complete liquidation or winding-up of the Corporation, or the sale or disposition of all or
substantially all the Corporation’s assets (other than a transfer to an Affiliate of the Corporation), 

 provided that the following shall not constitute a Change of Control: 

 

	 	(A)	 any person, or group of persons, acting jointly or in concert, becoming the beneficial owner of the threshold of securities specified in
(a) as a result of the acquisition of securities by the Corporation or an Affiliate of the Corporation or a subsidiary which, by reducing the number of securities outstanding, increases the proportional number of securities beneficially held by
that person or group of persons; 

  

	 	(B)	 any acquisition of securities directly from the Corporation in connection with a bona fide financing or series of financings by the Corporation;

  

	 	(C)	 any acquisition by an employee benefit plan (or related trust) sponsored or maintained by the Corporation and/or its Affiliates; or

  

	 	(D)	 beneficial ownership by the Corporation or its Affiliates or any increased ownership by any of them; 

 

	 	(c)	 “Going Private Transaction” shall mean a transaction or series of transactions which has the effect of transforming the
Corporation into a private company (a company whose shares or securities are not listed and posted for trading on the TSX or other recognized stock exchange) and thereby eliminating the public shareholders; and 

 

	 	(d)	 “Good Reason” shall mean: (i) any adverse change, by the Corporation and without the agreement of the Executive following a
Change of Control, in any of the duties, powers, rights, discretions, salary, bonus, benefits, existing Awards (as defined in the Corporation’s Amended and Restated Equity Incentive Plan), title or lines of reporting, such that immediately
after such change or series of changes, the responsibilities and status of the Executive, taken as a whole, are not at least substantially equivalent to those assigned to the Executive immediately prior to such change or series of changes;
(ii) the requirement that the Executive be based anywhere other than the Corporation’s Calgary executive office on a normal and regular basis; or (iii) any reason which would be constructive dismissal by a court of competent
jurisdiction. 

  

	2.	 All other provisions and terms and conditions of the Agreement remain unamended and in full force and effect. 

 

	3.	 This Agreement shall be governed by and construed in accordance with the laws in force in the Province of Alberta. 

  
 4 

 IN WITNESS WHEREOF, the parties have executed this Amendment by persons duly
authorized as of the Effective Date and effective as of the Effective Date. 
  

			
	SMART TECHNOLOGIES CORPORATION
		
	Per:    	 	 /s/ Neil Gaydon

		 	 Neil Gaydon
 President and Chief Executive
Officer

  

	
	 /s/ Greg Estell

	GREG ESTELL

  
 5EX-4.15

 Exhibit 4.15 

Director and Officer Indemnification Agreement 

THIS INDEMNIFICATION AGREEMENT (the “Agreement”) is made as of this ● day of ● 201●, between SMART
Technologies Inc. (the “Corporation”), a corporation incorporated under the Business Corporations Act (Alberta) and             (the
“Indemnified Party”). 
 RECITALS: 

A. The Board of Directors of the Corporation (the “Board”) has determined that the Corporation should act to assure the
Indemnified Party of reasonable protection through indemnification against certain risks arising out of service to, and activities on behalf of, the Corporation to the extent permitted by law. 

NOW THEREFORE the parties agree as follows: 

1. Indemnification. The Corporation will, subject to Section 2, indemnify and save harmless the Indemnified Party and the
heirs and legal representatives of the Indemnified Party to the fullest extent permitted by applicable law: 
 1.1 from and against all
Expenses (as defined below) sustained or incurred by the Indemnified Party in respect of any civil, criminal, administrative, investigative or other Proceeding (as defined below) to which the Indemnified Party is involved in by reason of being or
having been a director or officer of the Corporation; and 
 1.2 from and against all Expenses sustained or incurred by the Indemnified Party
as a result of serving as a director or officer of the Corporation in respect of any act, matter, deed or thing whatsoever made, done, committed, permitted or acquiesced in by the Indemnified Party as a director or officer of the Corporation,
whether before or after the effective date of this Agreement and whether or not related to a Proceeding. 
 “Expenses”
means all costs, charges, damages, awards, settlements, liabilities, fines, penalties, statutory obligations, professional fees and retainers and other expenses of whatever nature or kind, provided that any such costs, charges, professional fees and
other expenses are reasonable and in the case of Section 1.2, incurred in accordance with the Corporation’s expense policy, as applicable. 

“Final Judgment” means a final judgment of an applicable court that has become non-appealable. 

“Proceeding” includes a claim, demand, suit, proceeding, inquiry, hearing, discovery or investigation, of whatever nature or
kind, whether threatened, anticipated, pending, commenced, continuing or completed, and any appeal, and whether or not brought by the Corporation. 

2. Entitlement to Indemnification 

2.1 The rights provided to an Indemnified Party hereunder will, subject to applicable law, apply without reduction to an Indemnified Party
provided that: (a) the Indemnified Party acted honestly and in good faith with a view to the best interests of the Corporation or other entity described in Section 2.3; and (b) in the case of a criminal or administrative action or
proceeding that is enforced by a monetary penalty, the Indemnified Party had reasonable grounds for believing that his or her conduct was lawful. 

2.2 This indemnity will not apply to (a) claims initiated by the Indemnified Party against the Corporation or any subsidiary except for
claims relating to the enforcement of this Agreement; (b) claims initiated by the Indemnified Party against any other person or entity unless the Corporation or other entity 

 
described in Section 2.3 has joined with the Indemnified Party in or consented to the initiation of that Proceeding; and (c) claims by the Corporation for the forfeiture and recovery by
the Corporation of bonuses or other compensation received by the Indemnified Party from the Corporation due to the Indemnified Party’s violation of applicable securities or other laws. 

2.3 The indemnities in this Agreement also apply to an Indemnified Party in respect of his or her service at the Corporation’s request as
(a) an officer or director of another corporation or (b) a similar role with another entity, including a partnership, trust, joint venture or other unincorporated entity. For the avoidance of doubt, the indemnities in this Agreement also
apply to an Indemnified Party in respect of his or her service at the Corporation’s request as an officer or director of, or similar role with, any subsidiary of the Corporation. 

2.4 If prior court approval is required under applicable law in connection with any claim for Expense Advances (as defined below), the
Corporation will promptly seek at its sole expense and use all reasonable efforts to obtain that approval as soon as reasonably possible in the circumstances. The Corporation will also pay the expenses of the Indemnified Party, to the extent
permitted by applicable law, in connection with any such approval process. The obligations of the Corporation under this Section 2.4 will apply, subject to applicable law, even if the position of the Corporation on the substantive right to
indemnification is or may be that the Indemnified Party is not entitled to same. 
 2.5 If the Corporation proposes to deny all or part of
any claim for indemnification hereunder by the Indemnified Party on the basis that (a) the conditions of Section 2 (other than Section 2.2) are not met, or (b) the amount for which indemnification is being sought is not
reasonable, and payment of such claim does not require prior court approval under applicable law, the Corporation will: 
  

	 	(i)	 promptly pay the indemnified amount claimed or, if the dispute concerns the reasonableness of the claim, pay the amount the Corporation believes to
be reasonable in the circumstances, acting reasonably and assuming the Indemnified Party is entitled to indemnification hereunder, and 

  

	 	(ii)	 bring the matter before a court of competent jurisdiction, at its own expense and use all reasonable efforts to obtain a Final Judgment determining
the question of entitlement to indemnification as soon as reasonably possible in the circumstances. 

 The Corporation
will continue to indemnify the Indemnified Party, including payment of all reasonable expenses of the Indemnified Party in connection with the approval proceeding, until a Final Judgment on the Indemnified Party’s entitlement to be indemnified
has been obtained. 
 2.6 The Indemnified Party will repay any amount paid hereunder if it is determined by a court of competent
jurisdiction in a Final Judgment that the conditions of Section 2 are not met, or the amount for which indemnification is being sought is not reasonable, and the amount must be repaid. Any amount to be repaid in accordance with the foregoing
will bear interest from the date of advancement by the Corporation at the prime rate prescribed from time to time by the Royal Bank of Canada. 

3. Presumptions/Knowledge 

3.1 For purposes of any determination hereunder the Indemnified Party will be deemed to have acted in good faith, in the best interests of the
Corporation and with reasonable grounds for believing his or her conduct was lawful unless and until a court of competent jurisdiction has rendered a Final Judgment to the contrary. The Corporation will have the burden of establishing the absence of
good faith, failure to act in its best interests or lack of reasonable grounds for lawful conduct belief. 

  
 - 2 - 

 3.2 The knowledge and/or actions, or failure to act, of any other director, officer, agent or
employee of the Corporation or any other entity will not be imputed to the Indemnified Party for purposes of determining the right to indemnification under this Agreement. 

3.3 The Corporation will have the burden of establishing that any Expense it wishes to challenge is not reasonable. 

4. Notice by Indemnified Party. As soon as is practicable, upon the Indemnified Party becoming aware of any Proceeding which may
give rise to indemnification under this Agreement other than a Proceeding commenced by the Corporation, the Indemnified Party will give written notice to the Corporation. Failure to give notice in a timely fashion will not disentitle the Indemnified
Party to indemnification. Upon receipt of such notice, the Corporation will give prompt notice of the Proceeding to any applicable insurer from whom the Corporation has purchased insurance that may provide coverage to the Corporation or the
Indemnified Party in respect of the Proceeding. 
 5. Investigation by Corporation. The Corporation may conduct any
investigation it considers appropriate of any Proceeding of which it receives notice under Section 4, and will pay all costs of that investigation. Upon receipt of reasonable notice from the Corporation, the Indemnified Party will, acting
reasonably, co-operate fully with the investigation provided that the Indemnified Party will not be required to provide assistance that would prejudice: (a) his or her defence; (b) his or her ability to fulfill his or her business
obligations; or (c) his or her business and/or personal affairs. The Indemnified Party will, for the period of time that s/he cooperates with the Corporation with respect to an investigation, be compensated by the Corporation at the rate of
$1,500 per day (or partial day) plus out-of-pocket Expenses actually incurred by or on behalf of the Indemnified Party in connection therewith, provided that the Indemnified Party will not be entitled to the per diem if he/she is employed as an
officer of the Corporation on such day. 
 6. Payment for Expenses of a Witness. Notwithstanding any other provision of this
Agreement, to the extent that the Indemnified Party is, by reason of the fact that the Indemnified Party is or was a director or officer of the Corporation or another entity, or acting in a capacity similar to an officer or director of another
entity, at the Corporation’s request, a witness or participant other than as a named party in a Proceeding, the Corporation will pay to the Indemnified Party all out-of-pocket Expenses actually and reasonably incurred by or on behalf of the
Indemnified Party in connection therewith. The Indemnified Party will also be compensated by the Corporation at the rate of $1,500 per day (or partial day) provided that the Indemnified Party will not be entitled to the per diem if he/she is a
full-time employee of the Corporation on such day. 
 7. Expense Advances. Subject to Section 2, the Corporation will,
upon request by the Indemnified Party, make advances (“Expense Advances”) to the Indemnified Party of all Expenses for which the Indemnified Party may seek indemnification under this Agreement before the final disposition of the
relevant Proceeding. The Indemnified Party shall be entitled to obtain Expense Advances for anticipated Expenses. In connection with such requests, the Indemnified Party will provide the Corporation with a written affirmation of the Indemnified
Party’s good faith belief that the Indemnified Party is legally entitled to indemnification in accordance with this Agreement, along with sufficient particulars of the Expenses to be covered by the proposed Expense Advance to enable the
Corporation to make an assessment of its reasonableness. The Indemnified Party’s entitlement to such Expense Advance will include those Expenses incurred in connection with any Proceeding by the Indemnified Party against the Corporation seeking
an adjudication or award pursuant to this Agreement. The Corporation will make payment to the Indemnified Party within 10 days after the Corporation has received the foregoing information from the Indemnified Party. All Expense Advances for which
indemnification is sought must relate to Expenses anticipated within a reasonable time of the request. The Indemnified Party will repay to the Corporation all surplus Expense Advances not actually used by the Indemnified Party for Expenses. 

  
 - 3 - 

 If requested by the Corporation, the Indemnified Party will provide a written undertaking to the
Corporation confirming the Indemnified Party’s obligations under Section 2.6 as a condition to receiving an Expense Advance. 
 8.
Indemnification Payments. Subject to Section 2 and with the exception of Expense Advances which are governed by Section 7, the Corporation will pay to the Indemnified Party any amounts to which the Indemnified Party is
entitled hereunder promptly upon the Indemnified Party providing the Corporation with reasonable details of the claim. 
 9. Right to
Independent Legal Counsel. If the Indemnified Party is named as a party or a witness to any Proceeding, or the Indemnified Party is questioned or any of his or her actions, omissions or activities are in any way investigated, reviewed or
examined in connection with or in anticipation of any actual or potential Proceeding, the Indemnified Party will be entitled to retain independent legal counsel at the Corporation’s expense to act on the Indemnified Party’s behalf to
provide an initial assessment to the Indemnified Party of the appropriate course of action for the Indemnified Party. The Indemnified Party will be entitled to continued representation by independent counsel at the Corporation’s expense beyond
the initial assessment unless the parties agree that there is no conflict of interest between the Corporation and the Indemnified Party that necessitates independent representation. 

10. Settlement. The parties will act reasonably in pursuing the settlement of any Proceeding. The Corporation may not negotiate
or effect a settlement of claims against the Indemnified Party without the consent of the Indemnified Party, acting reasonably. The Indemnified Party may negotiate a proposed settlement without the consent of the Corporation. The Corporation will
consider in good faith in the best interests of the Corporation whether or not to consent to any such proposed settlement and will advise the Indemnified Party of its determination on a timely basis. If the Corporation advises the Indemnified Party
that it does not consent to the settlement, provided the settlement is expressly stated to be made by the Indemnified Party on his or her own behalf without any admission of liability by the Corporation, the Indemnified Party may nonetheless effect
the settlement, but the Corporation will not be liable for indemnification under this Agreement with respect to any such settlement. 
 11.
Directors’ & Officers’ Insurance. The Corporation will ensure that its liabilities under this Agreement, and the potential liabilities of the Indemnified Party that are subject to indemnification by the Corporation
pursuant to this Agreement, are at all times supported by a directors’ and officers’ liability insurance policy (the “Policy”) that (a) has been approved by the Board, and (b) treats current and former directors
equally and current and former officers equally. As may be required by the Policy, the Corporation will immediately notify the Policy’s insurers of any occurrences or situations that could potentially trigger a claim under the Policy and will
promptly advise the Indemnified Party that the insurers have been notified of the potential claim. If the Corporation is sold or enters into any business combination or other transaction as a result of which the Policy is terminated and the
Indemnified Party resigns or ceases to continue as an officer or director of the continuing entity, the Corporation will cause run off “tail” insurance to be purchased for the benefit of the Indemnified Party with substantially the same
coverage for the balance of the 6-year term set out in Section 21 without any gap in coverage. The Corporation will provide to the Indemnified Party a copy of each policy of insurance providing the coverages contemplated by this Section
promptly after coverage is obtained, and evidence of each annual renewal thereof, and will promptly notify the Indemnified Party if the insurer cancels, makes material changes to coverage or refuses to renew coverage (or any part of the coverage).

 12. Arbitration. Except as otherwise required by applicable law or expressly provided herein, all disputes, disagreements,
controversies or claims arising out of or relating to this Agreement, including, without limitation, with respect to its formation, execution, validity, application, interpretation, performance, breach, termination or enforcement will be determined
by arbitration before a single arbitrator under the Alberta Arbitration Act, R.S.A. 2000, c.A-43. The arbitrator will be selected by the 

  
 - 4 - 

 
Managing Partner of the Calgary office of Bennett Jones LLP having regard to the nature of the dispute (legal, financial or other). The arbitrator will determine the rules for the arbitration,
including, based on the outcome of the arbitration, the breakdown between the Corporation and the Indemnified Party of the costs for conducting the arbitration. 

13. Tax Adjustment. Should any payment made pursuant to this Agreement, including the payment of insurance premiums or any
payment made by an insurer under an insurance policy, be deemed to constitute a taxable benefit or otherwise be or become subject to any tax or levy, then the Corporation will pay any amount necessary to ensure that the amount received by or on
behalf of the Indemnified Party, after the payment of or withholding for tax, fully reimburses the Indemnified Party for the actual cost, expense or liability incurred by or on behalf of the Indemnified Party. However, the foregoing sentence will
not apply to any compensation paid as a per diem to the Indemnified Party pursuant to Sections 5 or 6. 
 14. Cost of Living
Adjustment. The $1,500 per diem payable pursuant to Sections 5 and 6 will be adjusted to reflect changes from the date of this Agreement in the All-items Cost of Living Index for Toronto prepared by Statistics Canada or any successor index
or government agency. 
 15. Governing Law. This Agreement will be governed by the laws of the Province of Alberta and the
federal laws of Canada applicable therein. 
 16. Priority and Term. This Agreement will supersede any previous agreement
between the Corporation and the Indemnified Party dealing with this subject matter, and will be deemed to be effective as of the date that is the earlier of (a) the date on which the Indemnified Party first became a director or officer of the
Corporation; or (b) the date on which the Indemnified Party first served, at the Corporation’s request, as a director or officer, or an individual acting in a capacity similar to a director or officer, of another entity. 

17. Severability. If any term or other provision of this Agreement is invalid, illegal or incapable of being enforced by any
rule or law, or public policy, all other conditions and provisions of this Agreement will nevertheless remain in full force and effect so long as the economic or legal substance of this Agreement is not affected in any manner materially adverse to
the Indemnified Party. Upon such determination that any term or other provision is invalid, illegal or incapable of being enforced, the parties hereto will negotiate in good faith to modify this Agreement so as to effect the original intent of the
parties as closely as possible in an acceptable manner to the end that the provisions of this Agreement are fulfilled to the fullest extent possible. 

18. Binding Effect; Successors and Assigns. This Agreement shall bind and enure to the benefit of the successors, heirs,
executors, personal and legal representatives and permitted assigns of the parties hereto, including any direct or indirect successor by purchase, merger, consolidation or otherwise to all or substantially all of the business or assets of the
Corporation. The Corporation shall require and cause any successor (whether direct or indirect, and whether by purchase, merger, consolidation or otherwise) to all or substantially all of the business or assets of the Corporation, by written
agreement in form and substance reasonably satisfactory to the Indemnified Party, expressly to assume and agree to perform this Agreement in the same manner and to the same extent that the Corporation would be required to perform if no such
succession had taken place. Subject to the requirements of this Section 18, this Agreement may be assigned by the Corporation to any successor (whether direct or indirect, and whether by purchase, merger, consolidation or otherwise) to all or
substantially all of the business or assets of the Corporation provided that no assignment will relieve the assignor of its obligations hereunder. This Agreement may not be assigned by the Indemnified Party. 

  
 - 5 - 

 19. Covenant. Subject to the express terms of this Agreement, the Corporation
hereby covenants and agrees that it will not take any action, including, without limitation, the enacting, amending or repealing of any by-law, which would in any manner adversely affect or prevent the Corporation’s ability to perform its
obligations under this Agreement. 
 20. Parties to Provide Information and Co-operate. The Corporation and the Indemnified
Party shall from time to time provide such information and co-operate with the other as the other may reasonably request in respect of all matters under the Agreement. 

21. Survival. The obligations of the Corporation under this Agreement, other than Section 11, will continue until the later
of (a) 15 years after the Indemnified Party ceases to be a director or officer of the Corporation or any other entity in which he or she serves in a similar capacity at the request of the Corporation and (b) with respect to any Proceeding
commenced prior to the expiration of such 15-year period with respect to which the Indemnified Party is entitled to claim indemnification hereunder, one year after the final termination of that Proceeding. The obligations of the Corporation under
Section 11 of this Agreement will continue for 6 years after the Indemnified Party ceases to be a director or officer of the Corporation or any other entity in which he or she serves in a similar capacity at the request of the Corporation. 

22. Independent Legal Advice. The Indemnified Party acknowledges that the Indemnified Party has been advised to obtain
independent legal advice with respect to entering into this Agreement that the Indemnified Party has obtained such independent legal advice, and that the Indemnified Party is entering into this Agreement with full knowledge of the contents hereof,
of the Indemnified Party’s own free will and with full capacity and authority to do so. 
 23. Execution and Delivery.
This Agreement may be executed by the parties in counterparts and may be executed and delivered by facsimile and all such counterparts and facsimiles together will constitute one and the same agreement. 

[THE REMAINDER OF THIS PAGE IS LEFT INTENTIONALLY BLANK] 

  
 - 6 - 

 IN WITNESS WHEREOF the parties hereto have executed this Agreement. 

 

			
	SMART TECHNOLOGIES INC.
		
	 by:    
		  

			 Name:

Title:
 Authorized Signing
Officer

  

			
	  
		  

	Witness Signature		
	  
		  

	 Witness Name
		 Director/Officer Name

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