Document:

EX-4.04

 Exhibit 4.04 

The following is an excerpt of the Revised Stipulation of Compromise and Settlement that was approved by the Court of Chancery on November 6, 2013 and
that contains the definitions and terms of the parties’ settlement in the proceeding captioned In Re: Google Inc. Class C Shareholder Litigation (Consol. C.A. No. 7469-CS). 

IN THE COURT OF CHANCERY OF THE STATE OF DELAWARE 
  

					
	  
	 		  	
	IN RE: GOOGLE INC. CLASS C SHAREHOLDER LITIGATION	 		  	Consol. C.A. No. 7469-CS
	  
	 		  	

 SECTION 2 (DEFINITIONS) AND SECTION 3 (TERMS OF SETTLEMENT) 

OF THE 
 REVISED
STIPULATION OF COMPROMISE AND SETTLEMENT 
 DEFINITIONS 

2.1. The following capitalized terms, used in this Stipulation and its Exhibits, shall have the meanings specified below: 

(a) “Board” shall mean the Board of Directors of Google. 

(b) “Class” shall mean all Google Class A common stock owners as of April 12, 2012 who continue to own the Class A
common stock to the date the Order and Final Judgment is entered, anyone who has acquired the Class A common shares after April 12, 2012 and who continues to own those shares to the date the Order and Final Judgment is entered, and each of
their successors in interest. Excluded from the Class are the Defendants herein, holders of Class B stock, and any person, firm, trust, corporation or other entity related to or affiliated with any of the Defendants. 

(c) “Class A” means the Class A common stock of Google. 

(d) “Class B” means the Class B common stock of Google. 

 (e) “Class C” means the Class C common stock of Google. 

(f) “Class Member” shall mean any member of the Class. 

(g) “Defendant Released Claims” means any and all claims arising out of or relating to the initiation, prosecution, and/or
resolution of the Action on behalf of Defendant Releasees and their respective successors in interest, predecessors, representatives, trustees, executors, administrators, heirs, assigns, or transferees, immediate and remote, and any person or entity
acting for or on behalf of or claiming under any of them, individually and collectively. “Defendant Releasees” means each and all of the Defendants and each and all of their respective past and present predecessors, successors, parent
entities, subsidiaries, affiliates, general or limited partners or partnerships, and agents (including, without limitation, any past or present officers, directors, stockholders, members, managers, general or limited partners, limited liability
companies, agents, representatives, assignors, employees, advisors, accountants, attorneys, financial or investment advisors, other advisors, consultants, insurers, co-insurers, reinsurers, engineers,
investment bankers or legal or financial advisors (including, without limitation, Morgan Stanley, Perella, Latham & Watkins LLP, Munger Tolles & Olson LLP, Wilson Sonsini Goodrich & Rosati, P.C., Richards Layton &
Finger, P.A, Potter Anderson & Corroon, LLP, Paul, Weiss, Rifkind, Wharton & Garrison, LLP, Fenwick & West, LLP, Morris Nichols Arsht & Tunnell, LLP, and Bouchard Margules & Friedlander, P.A.), and each
and all of their respective heirs, executors, administrators, trustees, personal or legal representatives, estates, successors or assigns. 

(h) “Effective Date” means the date on which the Order and Final Judgment has either been finally affirmed on appeal or is no longer
subject to appeal and the time for any petition for re-argument, appeal or review thereof has expired. 

  
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 (i) “Independent Director” means a member of the Board designated by the Nominating and
Corporate Governance Committee of the Board as an independent director. 
 (j) “Lookback Date” means the date 365 days after the
first day that the Class C stock trades on NASDAQ or any other national or international exchange. 
 (k) “Lookback Period” means
the period from the first day that the Class C stock trades on NASDAQ or any other national or international exchange to the Lookback Date, inclusive. 

(l) “Notice” means the Notice of Pendency Of Class Action, Proposed Settlement, Settlement Hearing And Right To Appear,
substantially in the form of Exhibit A attached hereto. 
 (m) “Order and Final Judgment” means the Order and Final Judgment to be
entered in the Action, substantially in the form of Exhibit B attached hereto, approving (among other things) this Stipulation and dismissing the Action with prejudice or, (a) as modified by the Court of Chancery with the consent of the
Settling Parties, or (b) as modified by agreement of the Settling Parties in writing. 
 (n) “Person” means any individual,
corporation, partnership, limited liability company, association, affiliate, joint stock company, estate, trust, unincorporated association, entity, government and any political subdivision thereof, or any other type of business or legal entity.

 (o) “Plaintiff Releasors” means Plaintiffs and each and all of the Class Members, collectively, on behalf of themselves and
each and all of their respective affiliates, predecessors, successors and assigns and each and all of their respective current and former officers, directors, managers, members, partners, employees, agents, security holders, attorneys and
representatives in their capacities as such, and each of their respective heirs, executors, legal representatives and assigns. 

  
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 (p) “Plaintiffs’ Counsel” means Biggs and Battaglia, Block & Leviton LLP,
Levi & Korsinsky LLP, and The Paskowitz Law Firm P.C. 
 (q) “Released Claims” means all claims, including Unknown Claims
(defined below), that (i) were asserted in the Action, or (ii) could have been asserted in the Action, or in any other court action or before any court, administrative body, tribunal, arbitration panel, or other adjudicatory body, from the
beginning of time through the Effective Date, that are based upon, arise out of, or relate in any way, directly or indirectly, to the allegations made in, or related to, the subject matter of, the Action; provided however, that the Released Claims
shall not include: (1) claims to enforce the Stipulation, the Settlement and/or the Order and Final Judgment, (2) claims arising from the particular circumstances of the issuance of any Class C share of Google stock in the future, other
than claims arising from the issuance of the Class C shares pursuant to the Stock Dividend, (3) claims arising from the waiver, amendment, or modification of any term or condition of the Transfer Restriction Agreement (as defined below), and
(4) claims arising from the sale of Class A stock. 
 (r) “Settlement” means the settlement of the Action between and
among the Plaintiffs, on behalf of themselves and the Class, and the Defendants, as set forth in this Stipulation. 
 (s) “Settlement
Hearing” means the hearing to be held by the Court of Chancery to determine, among other things, whether the proposed Settlement should be approved as fair, reasonable and adequate and in the best interests of the Class, whether all Released
Claims should be dismissed with prejudice, whether the proposed Order and Final Judgment approving the Settlement should be entered, and whether and in what amount an award of attorneys’ fees and reimbursement of expenses should be paid to the
Plaintiffs’ Counsel. 

  
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 (t) “Settling Parties” means, collectively, each of the Defendants and each of the
Plaintiffs, individually and on behalf of the members of the Class. 
 (u) “Settlement Scheduling Order” means the Order entered
by the Court of Chancery with respect to Notice of the Settlement, the Settlement Hearing and the administration of the Settlement, in substantially the form attached as Exhibit C hereto, providing for (among other things) notice to Class Members of
the hearing on this Settlement. 
 (v) “Stock Dividend” means the declaration and payment of a
one-time dividend, if any and at the discretion of the Board, of one share of Class C stock for each share of Class A stock or Class B stock outstanding as of a record date to be determined by the Board
in its sole discretion. 
 (w) “Transfer Restriction Agreement” means the agreements, to be modified as set forth herein and
entered, by and between Google and each of Brin, Page, and Schmidt. 
 (x) “Unknown Claims” means any of the Released Claims which
any Plaintiff or any Class Member does not know or suspect to exist at or prior to the Effective Date which, if known by her, him or it, might have affected her, his or its settlement with and release of any or all of the Defendant Releasees, or
might have affected her, his or its decision not to object to the Settlement. The Plaintiffs acknowledge, and the Class Members by operation of law shall be deemed to have acknowledged, that each of them may discover facts in addition to or
different from those now known or believed to be true with respect to the Released Claims, but that it is the intention of the Plaintiffs, and by operation of law the Class Members, to completely, fully, finally and forever extinguish any and all
Released Claims, known or unknown, suspected or 

  
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unsuspected, which now exist, or heretofore existed, or hereafter may exist, and without regard to the subsequent discovery of additional or different facts. The Plaintiffs acknowledge, and the
Class Members by operation of law shall be deemed to have acknowledged, that the inclusion of “Unknown Claims” in the definition of “Released Claims” separately was bargained for and was a material element of the Settlement and
was relied upon by each and all of the Defendants in entering into the Settlement Agreement. 
 TERMS OF SETTLEMENT 

3.1. In connection with the settlement and in consideration of the Release of the Released Claims set forth herein: 

(a) The Board, with the assistance of experienced advisors, shall, within thirty days of the Lookback Date, calculate the volume-weighted average trading prices of the Class A stock, on the one hand (“AVWAP”), and the Class C stock, on the other (“CVWAP”) during the Lookback Period. The AVWAP and CVWAP shall be
calculated by taking the volume- weighted average trading price (“VWAP”) for the Class A and Class C stock as reported by NASDAQ, or whatever exchange the shares may primarily trade on, at the
end of each trading day during the Lookback Period and then computing the average of those daily VWAPs.1 The Board shall calculate the percentage difference between the AVWAP and CVWAP
(“Percentage Delta VWAP”) according to the following formula: (((AVWAP-CVWAP)/AVWAP)*100). For example, if the AVWAP is $500 and the CVWAP is $495, the Percentage Delta VWAP shall be one percent
(calculated as ((($500-$495)/500)*100)). If the Percentage Delta VWAP is negative or less than one percent, then no adjustment payment shall be made pursuant to this paragraph. If the Percentage Delta VWAP is
one percent or greater, then an adjustment payment shall be made 
  

	1 	 “Average” meaning the sum of the daily VWAPs in the Lookback Period divided by the number of trading days in the Lookback Period.

  
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(the “Adjustment Payment”). If an Adjustment Payment is made, the Board shall issue the consideration constituting the Adjustment Payment to each and all of the record holders of Class
C stock on the Lookback Date. The consideration constituting the Adjustment Payment shall be issued no later than ninety (90) days subsequent to the Lookback Date. Consideration constituting the Adjustment Payment shall be paid in the form of
U.S. Dollars, Class A stock, Class C stock, or any combination thereof, such form to be determined in the sole discretion of the Board, provided, however, that any stock component of such consideration shall be valued at the AVWAP or CVWAP for
21 trading days preceding the Lookback Date, depending on which class(es) of stock the Board may use to pay the Adjustment Payment. The amount of the Adjustment Payment on account of each share of Class C stock shall be: 

(i) If the Percentage Delta VWAP is greater than or equal to one percent but less than two percent, the Adjustment Payment per share shall be
twenty percent (20%) of the U.S. Dollar value of the Percentage Delta VWAP calculated as follows: the AVWAP multiplied by the Percentage Delta VWAP (“Dollar Delta VWAP”). For example: should the AVWAP be $500, and the Percentage
Delta VWAP be 1%, then the Dollar Delta VWAP will be $5.00 per share ($500 x 1%) and the payment per Class C share shall be $1.00 ($5.00 x 20%); 

(ii) If the Percentage Delta VWAP is greater than or equal to two percent but less than three percent, the Adjustment Payment per share shall
be forty percent (40%) of the Dollar Delta VWAP; 
 (iii) If the Percentage Delta VWAP is greater than or equal to three percent but
less than four percent, the Adjustment Payment per share shall be sixty percent (60%) of the Dollar Delta VWAP; 

  
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 (iv) If the Percentage Delta VWAP is greater than or equal to four percent but less than five
percent, the Adjustment Payment per share shall be eighty percent (80%) of the Dollar Delta VWAP; and 
 (v) If the Percentage Delta
VWAP is greater than or equal to five percent, the Adjustment Payment per share shall be five percent (5%) of the AVWAP. 
 No consideration shall be
paid for any portion of Delta VWAP exceeding five percent. 
 (b) Section 11(c) of the Transfer Restriction Agreement shall be amended
to state in full as follows: 
 This Agreement or any of its provisions may be waived, amended, modified or
supplemented only by a written instrument that has been executed by each of the Holders and that has been (i) considered and recommended by a committee consisting of two or more Independent Directors who do not hold Class B stock (the
“TRA Committee”); and (ii) upon positive recommendation by the TRA Committee, approved by every member of the Board other than any of the Covered Holders who are members of the Board and executed on behalf of the Company.
The TRA Committee shall be advised by independent legal counsel and financial advisors, paid for by Google, who shall not have a current or recently concluded (within one year) material relationship with Google or any of the Holders. At their
election, Independent Directors who are not members of the TRA Committee shall be entitled to retain independent counsel, paid for by Google, or may be advised by counsel to the TRA Committee if they and the TRA Committee deem such representation
advisable. Any failure of the Parties to comply with any obligation, covenant, agreement or condition in this Agreement may be waived by the Party entitled to the benefit thereof only by a written instrument that has been signed by the Party
granting such waiver and that, in the case of the Company, has been approved by a majority of the members of the Board other than any of the Covered Holders who are members of the Board. No delay on the part of any Party in exercising any right,
power or privilege hereunder shall operate as a waiver thereof, nor shall any waiver on the part of any Party of any right, power or privilege hereunder operate as a waiver of any other right, power or privilege hereunder, nor shall any single or
partial exercise of any right, power or privilege hereunder preclude any other or further exercise thereof or the exercise of any other right, power or privilege hereunder. 

Notwithstanding any other provision herein, any waiver, modification, amendment, or supplementation of this Agreement shall
be publicly disclosed at least 30 days before such waiver, modification, amendment, or supplementation takes effect. Such disclosure shall identify 

  
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the terms of the waiver, modification, amendment, or supplementation of this Agreement, and shall be made in any one of a Form 8-K, Form 10-Q, or Form 10-K filed with the United State Securities and Exchange Commission and marked for public dissemination. The reason for such disclosure shall be to provide a
meaningful opportunity for judicial review of such waiver, modification, amendment, or supplementation. Google and its Board of Directors agree that they will not object to such judicial review being adjudicated pursuant to the entire-fairness standard applied by the law of the State of Delaware and that they shall bear the burden of establishing entire fairness and will not seek to shift the burden back to plaintiff(s). 

Notwithstanding any other provision herein, terms used in the foregoing paragraphs amending the Transfer Restriction Agreement shall have the meaning ascribed
to those terms in the Transfer Restriction Agreement, without regard for the definition of such terms in this Stipulation, and definitions used in this Stipulation (including but not limited to those set forth in the section herein titled
“Definitions”) shall not operate to change or inform the usage of any term in the Transfer Restriction Agreement, including but not limited to modifications to the Transfer Restriction Agreement set forth in the above paragraphs. 

(c) This paragraph (c) applies to a transaction in which Google acquires a business, or its assets, by way of merger, purchase of all or
substantially all of its assets, or acquisition of more than 50% of the outstanding capital stock of such business. Prior to the issuance of more than 10 million shares of Class C stock as consideration in such a transaction, the Independent
Directors (or a designated committee thereof) shall, as a group, consider the effects of using such shares on the holders of Class A stock and upon the Company. Such consideration of these effects shall involve such measures, advisers, or
procedures as the Independent Directors (or a committee designated thereof) deem advisable in the course of discharging their fiduciary obligations. The provisions of this paragraph shall not apply to the assumption or conversion of equity for
employees of an acquired or combined company. The provisions of this paragraph shall be effective only for a period of three years following the Stock Dividend. 

  
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 (d) When the aggregate voting power of Page and Brin falls below 15% of the cumulative voting
power of all shareholders of Google, the Board shall take steps to cause the Class C stock to convert into Class A stock if it determines, in good faith, that it is no longer in the best interests of Google to maintain a class of nonvoting
stock. Such conversion may require amendment of Google’s Certificate of Incorporation and shareholder approval. 

  
 10EX-10.47

 Exhibit 10.47 

August 30, 2013 
 Dear
Larry: 
 We would like to set forth certain terms of your service as Chairman of the Board of Directors (the “Board”) of
each of Sovereign Holdings, Inc. (“Sovereign”), Sabre Holdings Corporation, and Sabre Inc. (together, the “Company”). 
  

	 	I.	Compensation 

 You will receive a cash retainer of $250,000 per year, payable
quarterly in arrears for so long as you remain on the Board. 
 You will also receive a one-time grant of options to purchase
Sovereign’s common stock (the “Options”). You will be granted Options to purchase 200,000 shares of the Sovereign’s common stock as part of this letter agreement. The Options will be granted pursuant, and shall be subject,
to the terms and conditions of the Sovereign Holdings, Inc. 2012 Management Equity Incentive Plan (the “Plan”), have an exercise price equal to the fair market value on the date of grant of the underlying shares as determined by the
Sovereign, and vest ratably (quarterly) over four years following the date of grant, subject to your continuing to serve on the Board through each such date. 

In addition, you will receive a one-time grant of restricted stock units with respect to the Sovereign’s common stock
(“RSUs”). You will be granted 160,000 RSUs as part of this letter agreement. The RSUs shall be granted pursuant, and shall be subject, to the terms and conditions of the Plan. The RSUs shall vest ratably (quarterly) over four years
following the grant, subject to your continuing to serve on the Board through each such date. 
  

	 	II.	Duties and Responsibilities 

 We anticipate that, as a non-executive chairman
member of the Board, your responsibilities will include attendance at meetings of the Board and, in addition, regular participation in oversight and strategy discussions related to the Company outside the context of meetings of the Board. We also
anticipate that you will be asked to serve on the Governance, Nominating, and Compensation Committee. Further detail is attached as Exhibit A. 

You will be expected to use your reasonable best efforts to attend all Board meetings and meetings of each committee on which you are asked to
serve. Reasonable expenses actually incurred by you in traveling to the Board, committee meetings, and other Company-related business shall be reimbursed by the Company upon presentation of such documentation as the Company may reasonably request.

	 	III.	Reelection to the Board 

 Your continued service on the Board will be subject in
all respects to the provisions of the By-laws and other governing documents of the Company. 
  

	 	IV.	D&O Insurance; Indemnification 

 During your service as a member of the Board
and for six years thereafter, you will be entitled to the same directors’ and officers’ liability insurance coverage that the Company provides generally to its other directors and officers, as it may be amended from time to time. You will
also be entitled to the same contractual indemnification rights as the Company provides to its other directors and officers, as they may be amended from time to time. 

We very much look forward to your advice and service. 

 

					
	Sincerely,
	
	SOVEREIGN HOLDINGS, INC., SABRE HOLDINGS CORPORATION, and SABRE INC.
		
	By:	 	 /s/ Sterling L. Miller

		 	Name:	 	Sterling L. Miller
		 	Title:	 	Corporate Secretary

  
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 Exhibit A 

  
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