Document:

EX-10.6

 EXHIBIT 10.6 

SEACHANGE INTERNATIONAL, INC. 

DEFERRED STOCK UNIT AWARD GRANT NOTICE 

DIRECTOR’S FY20          ANNUAL DSU AWARD 

SeaChange International, Inc., a company organized under the laws of Delaware (together with any successor thereto, the “Company”),
pursuant to the SeaChange International, Inc. Amended and Restated 2011 Compensation and Incentive Plan, as amended from time to time (the “Plan”), hereby grants to the holder listed below (“Holder”),
an award of deferred stock units (“Deferred Stock Units” or “DSUs”). Each Deferred Stock Unit represents the right to receive one common share of the Company (such shares, “Common
Stock”) on the date of termination of Holder’s services with the Board (provided such termination occurs on or after the earlier of (i) February 1, 20         or
(ii) immediately prior to a Change in Control) that constitutes a “separation from service” within the meaning of Section 409A of the Internal Revenue Code of 1986, as amended and the Treasury Regulations promulgated thereunder
(such termination, “Termination of Directorship”). This award of Deferred Stock Units is subject to all of the terms and conditions set forth herein and in the Deferred Stock Unit Award Agreement attached hereto as Exhibit
A (the “Deferred Stock Unit Award Agreement”) and the Plan, each of which is incorporated herein by reference. 
  

			
	 Holder:
	  	
		
	 Grant Date:
	  	
		
	 Total Number of DSUs:
	  	
		
	 Vesting Schedule:
	  	The DSUs shall be fully vested on the earlier of (i) February 1, 20__ or (ii) immediately prior to a Change in Control.
		
	 Distribution Schedule:
	  	Each DSU shall entitle Holder to one share of Common Stock on the date of Termination of Directorship, provided such DSUs have vested prior to or on the date of Termination of Directorship.

 By his or her signature and the Company’s signature below, Holder agrees to be bound by the terms and conditions of the
Plan, the Deferred Stock Unit Award Agreement and this Grant Notice. Holder has reviewed the Plan, the Deferred Stock Unit Award Agreement and this Grant Notice in their entirety, has had an opportunity to obtain the advice of counsel prior to
executing this Grant Notice and fully understands all provisions of this Grant Notice, the Deferred Stock Unit Award Agreement and the Plan. Holder hereby agrees to accept as binding, conclusive and final all decisions or interpretations of the
Administrator (as defined in the Plan) upon any questions arising under this Grant Notice, the Deferred Stock Unit Award Agreement or the Plan. 
  

									
			
	 SEACHANGE INTERNATIONAL, INC.
	 		  	HOLDER
					
	 By:
	 	  
	 		  	By:	  	  

					
		 	 Jay Samit
	 		  		  	
					
		 	 Chief Executive Officer
	 		  		  	

 EXHIBIT A 

TO DEFERRED STOCK UNIT AWARD GRANT NOTICE 

SEACHANGE INTERNATIONAL, INC. DEFERRED STOCK UNIT AWARD AGREEMENT 

Pursuant to the Deferred Stock Unit Award Grant Notice (the “Grant Notice”) to which this Deferred Stock Unit Award Agreement (this
“Agreement”) is attached, SeaChange International, Inc., a company organized under the laws of Delaware (together with any successors thereto, the “Company”), has granted to Holder an award of deferred
stock units (“Deferred Stock Units” or “DSUs”) under the SeaChange International, Inc. Amended and Restated 2011 Compensation and Incentive Plan, as amended from time to time (the
“Plan”). 
 ARTICLE 1. 

CERTAIN DEFINED TERMS 
 1.1 Defined
Terms.  Capitalized terms not specifically defined herein shall have the meanings specified in the Grant Notice or the Plan. As used herein, the term “stock unit” shall mean a non-voting unit of measurement which is deemed
for bookkeeping purposes to be equivalent to one outstanding share of Common Stock (subject to adjustment as provided in Section 3(c) of the Plan) solely for purposes of the Plan and this Agreement. The Deferred Stock Units shall be used solely
as a device for the determination of the payment to eventually be made to Holder pursuant to Section 2.3 hereof. The Deferred Stock Units shall not be treated as property or as a trust fund of any kind. 

1.2 Incorporation of the Terms of the Plan.  The DSUs are subject to the terms and conditions of the Plan, which are incorporated herein by
reference. In the event of any conflict between the provisions of this Agreement and the Plan, the terms of the Plan shall control. 
 1.3 Change in
Control.  “Change in Control” shall mean the first to occur, after the date hereof, of any of the following: 
 (a) the members of
the Board at the beginning of any consecutive 12-calendar-month period (the “Incumbent Directors”) cease for any reason other than due to death to constitute at least a majority of the members of the Board, provided that any director whose
election, or nomination for election by the Company’s stockholders, was approved by a vote of at least a majority of the members of the Board then still in office who were members of the Board at the beginning of such 12-calendar-month period,
shall be deemed to be an Incumbent Director; 
 (b) any consolidation or merger of the Company where the stockholders of the Company, immediately prior to
the consolidation or merger, would not, immediately after the consolidation or merger, beneficially own (as such term is defined in Rule 13d-3 under the Securities Exchange Act), directly or indirectly, shares of Stock representing in the aggregate
50% or more of the combined voting power of the securities of the corporation issuing cash or securities in the consolidation or merger (or of its ultimate parent company, if any); 

(c) there shall occur (A) any sale, lease, exchange or other transfer (in one transaction or a series of transactions contemplated or arranged by any
party as a single plan) of all or substantially all the assets of the Company, other than a sale or disposition by the Company of all or substantially all of the Company’s assets to an entity, at least 50% of the combined voting power of the
voting securities of which are owned by Persons in substantially the same proportion as their ownership of the Company immediately prior to such sale or (B) the approval by the stockholders of the Company of any plan or proposal for the
liquidation or dissolution of the Company; or 
 (d) Any corporation or other legal person, pursuant to a tender offer, exchange offer, purchase of stock
(whether in a market transaction or otherwise) or other transaction or event acquires securities representing 40% or more of the combined voting power of the voting securities of the Company, or there is a report filed on Schedule 13D or Schedule
14D-1 (or any successor schedule, form or report), each as promulgated pursuant to the U.S. Securities Exchange Act, disclosing that any “person” (as such term is used in Section 13(d)(3) or Section 14(d)(2) of the Securities
Exchange Act) has become the “beneficial owner”) (as such term is used in Rule 13d-3 under the Securities Exchange Act) of securities representing 40% or more of the combined voting power of the voting securities of the Company. 

 Notwithstanding the forgoing, none of the forgoing event(s) shall constitute a Change in Control unless such
event(s) constitute a “change in ownership or effective control” or a change “in the ownership of a substantial portion of the assets,” in each case within the meaning of Section 409A(a)(2)(A)(v) of the Internal Revenue Code
of 1086, as amended, and any regulations and other guidance in effect from time-to-time thereunder including, without limitation, Notice 2005-1. 

ARTICLE 2. 
 GRANT OF DEFERRED STOCK UNITS 

2.1 Grant of DSUs.  In consideration of Holder’s past and/or continued service to the Company or a Subsidiary and for other good and
valuable consideration, effective as of the Grant Date set forth in the Grant Notice (the “Grant Date”), the Company grants to Holder an award of DSUs as set forth in the Grant Notice, upon the terms and conditions set forth
in the Plan and this Agreement, subject to adjustments as provided in Section 3(c) of the Plan. 
 2.2 Vesting.  Except as set forth
in Section 3.2 herein, the DSUs will remain restricted and may not be sold, assigned, exchanged, pledged or otherwise transferred by the Holder until the DSUs have become vested pursuant to the terms of this Agreement. The DSUs will vest as
provided on the cover page hereto. Upon Termination of Directorship, no further DSUs shall vest, and any portion of the DSU that has not become vested on or prior to the date of such cessation shall thereupon be forfeited. 

2.3 Delivery upon Termination of Directorship.  As soon as administratively practicable following the Termination of Directorship, with the
exact date determined at the sole discretion of the Company, but in no event later than ninety (90) days after the date of such termination, the Company shall deliver to Holder (or any transferee permitted under Section 3.2 hereof or
Section 10(a) of the Plan) a number of shares of Common Stock (either by delivering one or more certificates for such shares or by entering such shares in book entry form, as determined by the Company in its sole discretion) equal to the number
of vested Deferred Stock Units subject to this award in which the Holder is vested as of such date. Notwithstanding the foregoing, in the event shares of Common Stock cannot be issued within ninety (90) days following the Termination of
Directorship, then the shares of Common Stock shall be issued pursuant to the preceding sentence as soon as administratively practicable after the Administrator determines that shares of Common Stock can again be issued. Prior to actual payment
pursuant to the DSUs, such DSUs will represent an unsecured obligation of the Company, payable (if at all) only from the general assets of the Company. 

2.4 Dividend Equivalents.  Whenever cash dividends are paid on the Common Stock, additional DSUs shall be granted to Holder. The number of
such additional DSUs shall be calculated by dividing (a) the dividends that would have been paid to Holder if the DSUs held by Holder on the relevant dividend record date had been Common Shares, by (b) the closing price of the Common Stock
on NASDAQ or such other stock exchange where the majority of the trading volume and value of the Common Stock occurs on the date of payment of such dividend. If on such date of payment there is not a closing price of the Common Stock on any such
exchange, then the opening price of the Common Stock on NASDAQ or such other stock exchange where the majority of the trading volume and value of the Common Stock occurs on the first available date thereafter shall be used for purposes of
(b) above. 
 2.5 Rights as Stockholder.  Holder (or any transferee permitted under Section 3.2 hereof or Section 10(a) of
the Plan) shall not be, nor have any of the rights or privileges of, a stockholder of the Company, including, without limitation, voting rights and rights to dividends, in respect of the DSUs and any shares of Common Stock underlying the DSUs and
deliverable hereunder unless and until such shares of Common Stock shall have been issued by the Company and held of record by Holder (or any transferee permitted under Section 3.2 hereof or Section 10(a) of the Plan) (as evidenced by the
appropriate entry on the books of the Company or of a duly authorized transfer agent of the Company). No adjustment will be made for a dividend or other right for which the record date is prior to the date the shares of Common Stock are issued,
except as provided in Section 3(c) of the Plan. 

 ARTICLE 3. 

OTHER PROVISIONS 
 3.1
Administration.  The Administrator shall have the power to interpret the Plan and this Agreement and to adopt such rules for the administration, interpretation and application of the Plan and this Agreement as are consistent
herewith and to interpret or revoke any such rules. All actions taken and all interpretations and determinations made by the Administrator in good faith will be final and binding upon Holder, the Company and all other interested persons. No member
of the Committee or the Board will be personally liable for any action, determination or interpretation made in good faith with respect to the Plan, this Agreement or the DSUs. 

3.2 Transferability.  Except as set forth in Section 10(a) of the Plan, the DSUs may not be sold, pledged, assigned or transferred in
any manner other than by will or the laws of descent and distribution or, subject to the consent of the Administrator, pursuant to a DRO, unless and until the shares of Common Stock underlying the DSUs have been issued, and all restrictions
applicable to such shares of Common Stock have lapsed. Neither the DSUs nor any interest or right therein shall be liable for the debts, contracts or engagements of Holder or his or her successors in interest or shall be subject to disposition by
transfer, alienation, anticipation, pledge, encumbrance, assignment or any other means whether such disposition be voluntary or involuntary or by operation of law by judgment, levy, attachment, garnishment or any other legal or equitable proceedings
(including bankruptcy), and any attempted disposition thereof shall be null and void and of no effect, except to the extent that such disposition is permitted by the preceding sentence. 

3.3 Notices.  Any notice to be given under the terms of this Agreement to the Company shall be addressed to the Company in care of the
Secretary of the Company at the Company’s principal office, and any notice to be given to Holder shall be addressed to Holder at Holder’s last address reflected on the Company’s records. By a notice given pursuant to this
Section 3.3, either party may hereafter designate a different address for notices to be given to that party. Any notice shall be deemed duly given when sent by certified mail (return receipt requested) and deposited (with postage prepaid) in a
post office or branch post office regularly maintained by the United States Postal Service. 
 3.4 Titles.  Titles are provided herein for
convenience only and are not to serve as a basis for interpretation or construction of this Agreement. 
 3.5 Governing Law.  The laws of
the State of Delaware shall govern the interpretation, validity, administration, enforcement and performance of the terms of this Agreement regardless of the law that might be applied under principles of conflicts of laws of any jurisdiction. 

3.6 Conformity to Securities Laws.  Holder acknowledges that the Plan and this Agreement is intended to conform to the extent necessary with
all provisions of the Securities Act and the Exchange Act, and any and all regulations and rules promulgated by the Securities and Exchange Commission thereunder, and state securities laws and regulations. Notwithstanding anything herein to the
contrary, the Plan and this Agreement shall be administered, and the DSUs are granted, only in such a manner as to conform to such laws, rules and regulations. To the extent permitted by applicable law, the Plan and this Agreement shall be deemed
amended to the extent necessary to conform to such laws, rules and regulations. 
 3.7 Amendment.  To the extent permitted by the Plan,
this Agreement may be wholly or partially amended or otherwise modified, suspended or terminated at any time or from time to time by the Administrator; provided that, except as may otherwise be provided by the Plan, no amendment,
modification, suspension or termination of this Agreement shall adversely affect the DSUs without the prior written consent of Holder. 
 3.8 Successors
and Assigns.  The Company may assign any of its rights under this Agreement to single or multiple assignees, and this Agreement shall be binding upon and inure to the benefit of the successors and assigns of the Company. Subject to the
restrictions on transfer herein set forth in Section 3.2 hereof and Section 10(a) of the Plan, this Agreement shall be binding upon Holder and his or her heirs, executors, administrators, successors and assigns. 

3.9 Exchange Act Limitations.  Notwithstanding any other provision of the Plan or this Agreement, if Holder is subject to Section 16 of
the Exchange Act, the Plan, the DSUs and this Agreement shall be subject to any additional limitations set forth in any applicable exemptive rule under Section 16 of the Exchange Act (including any amendment to Rule 16b-3 of the Exchange Act)
that are requirements for the application of such exemptive rule. To the extent permitted by applicable law, this Agreement shall be deemed amended to the extent necessary to conform to such applicable exemptive rule. 

 3.10 Entire Agreement.  The Plan, the Grant Notice and this Agreement constitute the entire
agreement of the parties and supersede in their entirety all prior undertakings and agreements of the Company and Holder with respect to the subject matter hereof. 

3.11 Section 409A. 
 (a) The parties hereto
acknowledge and agree that, to the extent applicable, this Agreement shall be interpreted in accordance with, and incorporate the terms and conditions required by, Section 409A of the Code (together with any Department of Treasury regulations
and other interpretive guidance issued thereunder, including without limitation any such regulations or other guidance that may be issued after the date hereof, “Section 409A”). Notwithstanding any provision of this Agreement
to the contrary, in the event that the Company determines that any amounts payable hereunder will be immediately taxable to Holder under Section 409A, the Company reserves the right (without any obligation to do so or to indemnify Holder for
failure to do so) to (i) adopt such amendments to this Agreement and appropriate policies and procedures, including amendments and policies with retroactive effect, that the Company determines to be necessary or appropriate to preserve the
intended tax treatment of the benefits provided by this Agreement, to preserve the economic benefits of this Agreement and to avoid less favorable accounting or tax consequences for the Company and/or (ii) take such other actions as the Company
determines to be necessary or appropriate to exempt the amounts payable hereunder from Section 409A or to comply with the requirements of Section 409A and thereby avoid the application of penalty taxes thereunder. No provision of this
Agreement shall be interpreted or construed to transfer any liability for failure to comply with the requirements of Section 409A from Holder or any other individual to the Company or any of its affiliates, employees or agents. Holder shall be
solely responsible and liable for the satisfaction of all taxes and penalties that may be imposed on Holder or for Holder’s account in connection with this Agreement (including any taxes and penalties under Section 409A), and neither the
Company nor any of its Affiliates shall have any obligation to indemnify or otherwise hold you harmless from any or all such taxes or penalties. 
 (b)
Notwithstanding any provision to the contrary in this Agreement, if Holder is deemed at the time of his “separation from service” (within the meaning of Section 409A) to be a “specified employee” for purposes of
Section 409A(a)(2)(B)(i) of the Code, then, unless the Board determines otherwise, delivery of the shares of Common Stock pursuant to this Agreement shall automatically be deferred until the earlier of (i) six months after Holder has
ceased to be an employee of the Company or has otherwise separated from service with the Company or (ii) the date of Holder’s death. Such deferral shall not affect the number of shares to be delivered. 

3.12 Limitation on Holder’s Rights.  Participation in the Plan confers no rights or interests other than as herein provided. This
Agreement creates only a contractual obligation on the part of the Company as to amounts payable and shall not be construed as creating a trust. Holder shall have only the rights of a general unsecured creditor of the Company with respect to amounts
credited and benefits payable, if any, with respect to the DSUs, and rights no greater than the right to receive the Common Stock as a general unsecured creditor with respect to DSUs, as and when payable hereunder. 

3.13 Withholdings.  It is hereby understood and agreed by the Company and Holder that Holder shall be solely responsible for complying with
all applicable laws, rules and regulations concerning taxes, social security contributions, pension fund contributions, unemployment contributions and similar matters in connection with any payments or benefits under this Agreement; provided
that, if at any time the Company is required by applicable law to withhold any income or other taxes, then the Company shall be entitled to require payment by Holder of, or to deduct from any compensation paid to Holder, an amount equal to the
minimum statutory amount required by applicable law to be withheld with respect to the grant of DSUs or the issuance of shares of Common Stock (with such payment to be made in such form as shall be determined by the Company, consistent with
Section 10(f) of the Plan). 
 3.14 Counterparts.  This Agreement may be signed in counterparts, each of which shall be an original,
with the same effect as if the signatures thereto and hereto were upon the same instrument. 

 3.15 Headings and Construction.  Headings are given to the Sections and subsections of this
Agreement solely as a convenience to facilitate reference. Such headings shall not be deemed in any way material or relevant to the construction or interpretation of this Agreement or any provision thereof. Whenever the words “include”,
“includes” or “including” are used in this Agreement, they shall be deemed to be followed by the words “but not limited to”. The term “or” is not exclusive.EX-10.7

 EXHIBIT 10.7 

SEACHANGE INTERNATIONAL, INC. 

Non-Qualified Stock Option Agreement 

for Employees 

SeaChange International, Inc., a Delaware corporation (the “Company”), hereby grants as of <date> to <name> (the
“Employee”), an option to purchase a maximum of <number> shares (the “Option Shares”) of its Common Stock, $.01 par value (“Common Stock”), at the price of $ per share, on the following terms and
conditions: 
 1. Grant Under the 2011 Compensation and Incentive Plan. This option is granted pursuant to and is governed by
the Company’s 2011 Compensation and Incentive Plan (the “Plan”) and, unless the context otherwise requires, terms used herein shall have the same meaning as in the Plan. Determinations made in connection with this option pursuant to
the Plan shall be governed by the Plan as it exists on this date. 
 2. Grant as Non-Qualified Stock Option; Other Options.
This option shall be treated for federal income tax purposes as a Non-Qualified Option (rather than an incentive stock option). This option is in addition to any other options heretofore or hereafter granted to the Employee by the Company or any
Subsidiary (as defined in the Plan), but a duplicate original of this instrument shall not effect the grant of another option. 
 3.
Vesting of Option if Employment Continues. For the purpose of determining the vesting of the option granted hereunder, the vesting date will be <date> (the “Vesting Date”) and the option will vest over three years. If the
Employee has continued to be employed by the Company or any Subsidiary on the following dates, the Employee may exercise this option for the number of shares of Common Stock set opposite the applicable date: 

 

					
	Less than one year from the Vesting Date	  	-	  	No Shares
	One year from the Vesting Date	  	-	  	33.33%
	Each subsequent quarter following one year from the Vesting Date	  	-	  	an additional 8.34% of the total number of shares granted

 Notwithstanding the foregoing, in accordance with and subject to the provisions of the Plan, the Compensation Committee (the
“Committee”) may, in its discretion, accelerate the date that any installment of this option becomes exercisable. The foregoing rights are cumulative and, while the Employee continues to be employed by the Company or any Subsidiary, this
option may be exercised on or before the date which is 10 years from the date this option is granted. All of the foregoing rights are subject to Sections 4 and 5, as appropriate, if the Employee ceases to be employed by the Company or any
Subsidiary. 

 4. Termination of Employment. 

(a) Termination Other Than for Cause. If the Employee ceases to be employed by the Company or any Subsidiary, other than by
reason of death or disability as defined in Section 5 or termination for Cause as defined in Section 4(c), no further installments of this option shall become exercisable, and this option shall terminate (and may no longer be exercised)
after the passage of three months from the Employee’s last day of employment, but in no event later than the scheduled expiration date. In such a case, the Employee’s only rights hereunder shall be those which are properly exercised before
the termination of this option. 
 (b) Termination for Cause. If the employment of the Employee is terminated for Cause (as
defined in Section 4(c)), this option shall terminate upon the Employee’s receipt of written notice of such termination and shall thereafter not be exercisable to any extent whatsoever. 

(c) Definition of Cause. “Cause” shall mean conduct involving one or more of the following: (i) the substantial
and continuing failure of the Employee, after notice thereof, to render services to the Company or Subsidiary in accordance with the terms or requirements of his or her employment; (ii) disloyalty, gross negligence, willful misconduct,
dishonesty or breach of fiduciary duty to the Company or Subsidiary; (iii) the commission of an act of embezzlement or fraud; (iv) deliberate disregard of the rules or policies of the Company or Subsidiary which results in direct or
indirect loss, damage or injury to the Company or Subsidiary; (v) the unauthorized disclosure of any trade secret or confidential information of the Company or Subsidiary; or (vi) the commission of an act which constitutes unfair
competition with the Company or Subsidiary or which induces any customer or supplier to breach a contract with the Company or Subsidiary. 

5. Death; Disability.  

(a) Death. If the Employee dies while in the employ of the Company or any Subsidiary, this option may be exercised, to the
extent otherwise exercisable on the date of his or her death, by the Employee’s estate, personal representative or beneficiary to whom this option has been assigned pursuant to Section 10, at any time within 180 days after the date of
death, but not later than the scheduled expiration date. 
 (b) Disability. If the Employee ceases to be employed by the
Company or any Subsidiary by reason of his or her disability (as defined in the Plan), this option may be exercised, to the extent otherwise exercisable on the date of the termination of his or her employment, at any time within 180 days after
such termination, but not later than the scheduled expiration date. 
 (c) Effect of Termination. At the expiration of the
180-day period provided in paragraph (a) or (b) of this Section 5 or the scheduled expiration date, whichever is the earlier, this option shall terminate (and shall no longer be exercisable) and the only rights hereunder shall be
those as to which the option was properly exercised before such termination. 
 6. Partial Exercise. This option may be
exercised in part at any time and from time to time within the above limits, except that this option may not be exercised for a fraction of a 

  
 - 2 - 

 
share unless such exercise is with respect to the final installment of stock subject to this option and cash in lieu of a fractional share must be paid, in accordance with Paragraph 3(d) of the
Plan, to permit the Employee to exercise completely such final installment. Any fractional share with respect to which an installment of this option cannot be exercised because of the limitation contained in the preceding sentence shall remain
subject to this option and shall be available for later purchase by the Employee in accordance with the terms hereof. 
 7. Payment of
Price. 
 (a) Manner of Payment. The option price shall be paid in the following manner: 

 

	 	(i)	by either cash, check or fund transfer from the Employee’s account maintained with a Company-designated third party commercial provider (the “Third Party Commercial Provider”); 

 

	 	(ii)	subject to paragraph 7(b) below, by delivery of shares of the Company’s Common Stock having a fair market value (as determined by the Committee) equal as of the date of exercise to the option price;

  

	 	(iii)	by delivery of an assignment satisfactory in form and substance to the Company of a sufficient amount of the proceeds from the sale of the Option Shares and an instruction to the broker or selling agent to pay that
amount to the Company; or 

  

	 	(iv)	by any combination of the foregoing. 

 (b) Limitations on Payment by Delivery of Common
Stock: If the Employee delivers Common Stock held by the Employee (“Old Stock”) to the Company in full or partial payment of the option price, and the Old Stock so delivered is subject to restrictions or limitations imposed by
agreement between the Employee and the Company, an equivalent number of Option Shares shall be subject to all restrictions and limitations applicable to the Old Stock to the extent that the Employee paid for the Option Shares by delivery of Old
Stock, in addition to any restrictions or limitations imposed by this Agreement. 
 8. Method of Exercising Option. Subject to
the terms and conditions of this Agreement, this option may be exercised (i) by written notice to the Company at its principal executive office, (ii) by written notice to such transfer agent as the Company shall designate or (iii) by
notification of the Third Party Commercial Provider in accordance with the procedures approved by the Company and of which the Employee shall have ongoing access by means of accessing the Employee’s account maintained with the Third Party
Commercial Provider. Such notice shall state the election to exercise this option and the number of Option Shares for which it is being exercised and shall be signed (either in writing or by electronic transmission) by the person or persons so
exercising this option. Such notice shall be accompanied by payment of the full purchase price of such shares, and the Company shall deliver a certificate or certificates 

  
 - 3 - 

 
representing such shares as soon as practicable after the notice shall be received. Such certificate or certificates shall be registered in the name of the person or persons so exercising this
option (or, if this option shall be exercised by the Employee and if the Employee shall so request in the notice exercising this option, such certificate or certificates shall be registered in the name of the Employee and another person jointly,
with right of survivorship). In the event this option shall be exercised, pursuant to Section 5 hereof, by any person or persons other than the Employee, such notice shall be accompanied by appropriate proof of the right of such person or
persons to exercise this option. 
 9. Option Not Transferable. This option is not transferable or assignable except by will
or by the laws of descent and distribution. During the Employee’s lifetime only the Employee can exercise this option. 
 10. No
Obligation to Exercise Option. The grant and acceptance of this option imposes no obligation on the Employee to exercise it. 

11. No Obligation to Continue Employment. Neither the Plan, this Agreement, nor the grant of this option imposes any obligation
on the Company or any Subsidiary to continue the Employee in employment. 
 12. No Rights as Stockholder until Exercise. The
Employee shall have no rights as a stockholder with respect to the Option Shares until such time as the Employee has exercised this option in accordance with Section 8. Except as is expressly provided in the Plan with respect to certain changes
in the capitalization of the Company, no adjustment shall be made for dividends or similar rights for which the record date is prior to such date of exercise. 

13. Capital Changes and Business Successions. The Plan contains provisions covering the treatment of options in a number of
contingencies such as stock splits and mergers. Provisions in the Plan for adjustment with respect to stock subject to options and the related provisions with respect to successors to the business of the Company are hereby made applicable hereunder
and are incorporated herein by reference. 
 14. Withholding Taxes. If the Company or any Subsidiary in its discretion
determines that it is obligated to withhold any tax in connection with the exercise of this option, or in connection with the transfer of, or the lapse of restrictions on, any Common Stock or other property acquired pursuant to this option, the
Employee hereby agrees that the Company or any Subsidiary may withhold from the Employee’s wages or other remuneration the appropriate amount of tax. At the discretion of the Company or Subsidiary, the amount required to be withheld may be
withheld in cash from such wages or other remuneration or in kind from the Common Stock or other property otherwise deliverable to the Employee on exercise of this option. The Employee further agrees that, if the Company or any Subsidiary does not
withhold an amount from the Employee’s wages or other remuneration sufficient to satisfy the withholding obligation of the Company or Subsidiary, the Employee will make reimbursement on demand, in cash, for the amount underwithheld. 

15. Arbitration. Any dispute, controversy, or claim arising out of, in connection with, or relating to the performance of this
Agreement or its termination shall be settled by 

  
 - 4 - 

 
arbitration in the Commonwealth of Massachusetts, pursuant to the rules then obtaining of the American Arbitration Association. Any award shall be final, binding and conclusive upon the
parties and a judgment rendered thereon may be entered in any court having jurisdiction thereof. 
 16. Provision of Documentation to
Employee. By signing this Agreement (either in writing or by electronic transmission) the Employee acknowledges receipt of a copy of this Agreement and a copy of the Plan. 

17. Miscellaneous. 

(a) Notices. Except as explicitly provided for herein or in the Plan, all notices hereunder shall be in writing and shall be
deemed given when sent by certified or registered mail, postage prepaid, return receipt requested, to the address set forth below. The addresses for such notices may be changed from time to time by written notice given in the manner provided for
herein. 
 (b) Entire Agreement; Modification. This Agreement constitutes the entire agreement between the parties relative to
the subject matter hereof, and supersedes all proposals, written or oral, and all other communications between the parties relating to the subject matter of this Agreement. This Agreement may be modified, amended or rescinded only by a written
agreement executed by both parties (either in writing or by electronic transmission). 
 (c) Severability. The invalidity,
illegality or unenforceability of any provision of this Agreement shall in no way affect the validity, legality or enforceability of any other provision. 

(d) Successors and Assigns. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their
respective successors and assigns, subject to the limitations set forth in Section 9 hereof. 
 (e) Governing Law. This
Agreement shall be governed by and interpreted in accordance with the laws of the Commonwealth of Massachusetts, without giving effect to the principles of the conflicts of laws thereof. 

(f) Data Protection Waiver. The Employee understands and consents to the Company or its agents or independent contractors
appointed to administer the Plan obtaining certain of the Employee’s personal employment information required for the effective administration of the Plan and that such information may be transmitted outside of the country of the
Employee’s employment and/or residence. Information relating to the Employee’s participation under the Plan may constitute personal data that is subject to the Company’s policies on protection and use of personal data. 

(g) Clawback. This option and any resulting payment or delivery of shares of the Company’s Common Stock is subject to
set-off, recoupment, or other recovery or “claw back” as required by applicable law or by a Company policy on the claw back of compensation, as amended from time to time. 

[REMAINDER OF PAGE INTENTIONALLY LEFT BLANK] 

  
 - 5 - 

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

							
	  
	  		  	SEACHANGE INTERNATIONAL, INC.
	Signature of Employee	  		  		  	
				
	  
	  		  	By:	  	  

	Print Name of Employee	  		  		  	Signature
			
	  
	  		  	  

	Street Address	  		  	Name of Officer
			
		  		  	  

	  
	  		  	Title
	City         State         Zip Code	  		  		  	

  
 - 6 -

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00238-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00238-of-00352.parquet"}]]