Document:

Registration Rights Agreement

 Exhibit 10.2 

 
  

 
 REGISTRATION RIGHTS AGREEMENT

 between 
 INCONTACT, INC. 
 and 

ENTERPRISE NETWORKS HOLDINGS, INC. 
 dated as of 
 JUNE 14, 2011 

 
  

 

 TABLE OF CONTENTS 

 

							
	 	 	 	  	Page	 
		
	 Section 1 Definitions
	  	 	1	  
			
	 1.1
	 	Certain Definitions	  	 	1	  
		
	Section 2 Registration Rights	  	 	2	  
			
	 2.1
	 	Requested Registration	  	 	2	  
	 2.2
	 	Company Registration	  	 	4	  
	 2.3
	 	Expenses of Registration	  	 	5	  
	 2.4
	 	Registration Procedures	  	 	6	  
	 2.5
	 	Indemnification	  	 	7	  
	 2.6
	 	Information by Holder	  	 	9	  
	 2.7
	 	Rule 144 Reporting	  	 	9	  
	 2.8
	 	Limitations on Subsequent Registration Rights	  	 	10	  
	 2.9
	 	Termination of Registration Rights	  	 	10	  
		
	Section 3 Miscellaneous	  	 	10	  
			
	 3.1
	 	Amendment	  	 	10	  
	 3.2
	 	Notices	  	 	10	  
	 3.3
	 	Governing Law	  	 	11	  
	 3.4
	 	Successors and Assigns	  	 	11	  
	 3.5
	 	Entire Agreement	  	 	11	  
	 3.6
	 	Delays or Omissions	  	 	12	  
	 3.7
	 	Severability	  	 	12	  
	 3.8
	 	Titles and Subtitles	  	 	12	  
	 3.9
	 	Counterparts	  	 	12	  
	 3.10
	 	Telecopy Execution and Delivery	  	 	12	  
	 3.11
	 	Jurisdiction; Venue	  	 	12	  
	 3.12
	 	Further Assurances	  	 	12	  
	 3.13
	 	Conflict	  	 	13	  
	 3.14
	 	Aggregation of Stock	  	 	13	  
	 3.15
	 	Jury Trial	  	 	13	  

  
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 REGISTRATION RIGHTS AGREEMENT 

This Registration Rights Agreement (this “Agreement”), dated as of June 14, 2011, and is made between inContact,
Inc., a Delaware corporation (the “Company”), and Enterprise Networks Holdings, Inc., a Delaware corporation (“Investor”). 
 RECITALS 
 WHEREAS, concurrently with the execution of this Agreement, the
Company and Investor have entered into a Common Stock Purchase Agreement, dated as of the date hereof (as amended, supplemented, restated or otherwise modified from time to time, the “Stock Purchase Agreement”), pursuant to which
and subject to the terms and conditions thereof, among other things, Investor will purchase from the Company, and the Company will issue and sell to Investor, the number of shares set forth in the Stock Purchase Agreement (the
“Shares”) of the Company’s common stock, par value $0.0001 per share (“Company Stock”); 

WHEREAS, concurrently with the execution of this Agreement, the Company and Investor have entered into a Investor Rights Agreement, dated
as of the date hereof (as amended, supplemented, restated or otherwise modified from time to time, the “Investor Rights Agreement” and, together with this Agreement and the Stock Purchase Agreement, collectively, the
“Transaction Documents”), pursuant to which and subject to the terms and conditions thereof, among other things, Investor has agreed to certain restrictions, and the Company has agreed to provide Investor with certain governance
rights, with respect to the Shares; and 
 WHEREAS, the parties hereto desire to enter into this Agreement to establish certain
arrangements with respect to the Shares, corporate governance and other related corporate matters. 
 NOW, THEREFORE, in
consideration of the premises and of the mutual covenants and obligations hereinafter set forth, the parties hereto hereby agree as follows: 
 SECTION 1 
 DEFINITIONS 

1.1 Certain Definitions. As used in this Agreement, the following terms shall have the meanings set forth below: 

(a) “Commission” shall mean the Securities and Exchange Commission or any other federal agency at the time administering
the Securities Act. 
 (b) “Exchange Act” shall mean the Securities Exchange Act of 1934, as amended, or any
similar successor federal statute and the rules and regulations thereunder, all as the same shall be in effect from time to time. 
 (c) “Holder” shall mean Investor and any holder of Registrable Securities to whom the registration rights conferred by this Agreement have been duly and validly transferred in accordance
with Section 3.4 of this Agreement. 
 (d) “Other Selling Stockholders” shall mean persons other than
Holders who, by virtue of agreements with the Company, are entitled to include their Other Shares in certain registrations hereunder. 

 (e) “Other Shares” shall mean shares of Company Stock, other than
Registrable Securities, with respect to which registration rights have been granted. 
 (f) “Registrable
Securities” shall mean (i) the Shares, (ii) any Company Stock acquired by Investor in compliance with the Investor Rights Agreement, including pursuant to Section 2.2 thereof, and (iii) any Company Stock issued as a
dividend or other distribution with respect to or in exchange for or in replacement of any of the foregoing; provided, however, that Registrable Securities shall not include any shares of Company Stock described in clause (i), (ii) or
(iii) above which have been sold to the public either pursuant to a registration statement or Rule 144, or which have been sold in a private transaction in which the transferor’s rights under this Agreement are not validly assigned in
accordance with this Agreement. 
 (g) The terms “register,” “registered” and
“registration” shall refer to a registration effected by preparing and filing a registration statement in compliance with the Securities Act and applicable rules and regulations thereunder, and the declaration or ordering of the
effectiveness of such registration statement. 
 (h) “Registration Expenses” shall mean all expenses incurred
in effecting any registration pursuant to this Agreement, including, without limitation, all registration, qualification, and filing fees, printing expenses, escrow fees, fees and disbursements of counsel for the Company and counsel for Investor,
blue sky fees and expenses, and expenses of any regular or special audits incident to or required by any such registration, but shall not include Selling Expenses or the compensation of regular employees of the Company, which shall be paid in any
event by the Company. 
 (i) “Rule 144” shall mean Rule 144 as promulgated by the Commission under
the Securities Act, as such Rule may be amended from time to time, or any similar successor rule that may be promulgated by the Commission. 
 (j) “Rule 145” shall mean Rule 145 as promulgated by the Commission under the Securities Act, as such Rule may be amended from time to time, or any similar successor rule that
may be promulgated by the Commission 
 (k) “Securities Act” shall mean the Securities Act of 1933, as amended,
or any similar successor federal statute and the rules and regulations thereunder, all as the same shall be in effect from time to time. 
 (l) “Selling Expenses” shall mean all underwriting discounts, selling commissions and stock transfer taxes applicable to the sale of Registrable Securities. 

(m) “Withdrawn Registration” shall mean a forfeited demand registration under Section 2.1 in accordance with the
terms and conditions of Section 2.3. 
 SECTION 2 

REGISTRATION RIGHTS 
 2.1 Requested Registration. 
 (a) Request for Registration. Subject
to the conditions set forth in this Section 2.1, if the Company shall receive from Investor a written request that the Company effect any registration on Form S-3 with respect to all or a part of the Registrable Securities (such request shall
state the number of shares of Registrable Securities to be disposed of and the intended methods of disposition of such shares by Investor), the Company will: 
 (i) promptly give written notice of the proposed registration to any other Holders; and 

  
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 (ii) as soon as practicable, file and use its commercially reasonable efforts to effect
such registration (including, without limitation, filing post-effective amendments, appropriate qualifications under applicable blue sky or other state securities laws, and appropriate compliance with the Securities Act) on Form S-3 and to permit or
facilitate the sale and distribution of all or such portion of such Registrable Securities as are specified in such request, together with all or such portion of the Registrable Securities of any Holder or Holders joining in such request as are
specified in a written request received by the Company within twenty (20) days after such written notice from the Company is mailed or delivered. 
 (b) Limitations on Requested Registration. The Company shall not be obligated to effect, or to take any action to effect, any such registration pursuant to this Section 2.1: 

(i) if, after having used its reasonable best efforts, the Company is unable to qualify for registration on Form S-3 or any comparable
or successor form or forms; 
 (ii) if the Investor, together with the holders of any other securities of the Company entitled
to inclusion in such registration statement, propose to sell Registrable Securities and such other securities (if any) the aggregate proceeds of which (after deduction for underwriter’s discounts and expenses related to the issuance) are less
than $1,000,000; 
 (iii) after the Company has initiated two such registrations pursuant to this Section 2.1 in any
twelve month period (counting for these purposes only (x) registrations which have been declared or ordered effective and pursuant to which securities have been sold, and (y) Withdrawn Registrations); or 

(iv) during the period starting with the date thirty (30) days prior to the Company’s good faith estimate of the date of
filing of, and ending on a date ninety (90) days after the effective date of, a Company-initiated registration; provided that the Company is actively employing in good faith commercially reasonable efforts to cause such registration statement
to become effective. 
 (c) Deferral. If (i) in the good faith judgment of the board of directors of the Company,
the filing of a registration statement covering the Registrable Securities would be materially detrimental to the Company and the board of directors of the Company concludes, as a result, that it is in the best interests of the Company to defer the
filing of such registration statement at such time, and (ii) the Company shall furnish to such Holders a certificate signed by the President of the Company stating that in the good faith judgment of the board of directors of the Company, it
would be materially detrimental to the Company for such registration statement to be filed in the near future and that it is, therefore, in the best interests of the Company to defer the filing of such registration statement, then (in addition to
the limitations set forth in Section 2.1(b)(iv) above) the Company shall have the right to defer such filing for a period of not more than forty-five (45) days after receipt of the request of Investor, and, provided further, that the
Company shall not defer its obligation in this manner more than once in any twelve-month period. 
 (d) Other Shares. The
registration statement filed pursuant to the request of Investor may, at the sole discretion of Investor, include Other Shares and securities of the Company being sold for the account of the Company. 

  
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 (e) Underwriting. If Investor intends to distribute the Registrable Securities
covered by their request by means of an underwriting, they shall so advise the Company as a part of their request made pursuant to this Section 2.1 and the Company shall include such information in the written notice given pursuant to
Section 2.1(a)(i). In such event, the right of any Holder to include all or any portion of its Registrable Securities in such registration pursuant to this Section 2.1 shall be conditioned upon such Holder’s participation in such
underwriting and the inclusion of such Holder’s Registrable Securities to the extent provided herein. If the Company shall request inclusion in any registration pursuant to Section 2.1 of securities being sold for its own account, or if
other persons shall request inclusion in any registration pursuant to Section 2.1, Investor may, at its sole discretion and on behalf of all Holders, offer to include such securities in the underwriting and such offer shall be conditioned upon
the participation of the Company or such other persons in such underwriting and the inclusion of the Company’s and such person’s other securities of the Company and their acceptance of the further applicable provisions of this
Section 2. The Company shall (together with all Holders and other persons proposing to distribute their securities through such underwriting) enter into an underwriting agreement in customary form with the representative of the underwriter or
underwriters selected for such underwriting by Investor, which underwriters are reasonably acceptable to the Company. 

Notwithstanding any other provision of this Section 2.1, if the underwriters advise Investor in writing that marketing factors
require a limitation on the number of shares to be underwritten, the number of Registrable Securities and any Other Shares that may be so included shall be allocated as follows: (i) first, to Investor, (ii) second, among all other Holders
requesting to include Registrable Securities in such registration statement based on the pro rata percentage of Registrable Securities held by such Holders, assuming conversion; (iii) third, to the Other Selling Stockholders; and
(iv) fourth, to the Company, which the Company may allocate, at its discretion, for its own account, or for the account of other holders or employees of the Company. 
 If a person who has requested inclusion in such registration as provided above does not agree to the terms of any such underwriting, such person shall be excluded therefrom by written notice from the
Company, the underwriter or Investor. The securities so excluded shall also be withdrawn from registration. Any Registrable Securities or other securities excluded or withdrawn from such underwriting shall also be withdrawn from such registration.
If shares are so withdrawn from the registration and if the number of shares to be included in such registration was previously reduced as a result of marketing factors pursuant to this Section 2.1(e), then the Company shall then offer to all
Holders who have retained rights to include securities in the registration the right to include additional Registrable Securities in the registration in an aggregate amount equal to the number of shares so withdrawn, with such shares to be allocated
among such Holders requesting additional inclusion, as set forth above. 
 2.2 Company Registration. 

(a) Company Registration. If the Company shall determine to register any of its securities either for its own account or the
account of a security holder or holders, other than a registration pursuant to Section 2.1, a registration relating solely to employee benefit plans, a registration relating solely to the offer and sale of non-convertible debt securities or a
registration relating solely to a Rule 145 transaction, the Company will: 
 (i) promptly give written notice of the proposed
registration to all Holders; and 
 (ii) use its commercially reasonable efforts to include in such registration (and any
related qualification under blue sky laws or other compliance), except as set forth in Section 2.2(b) below, and in any underwriting involved therein, all of such Registrable Securities as are specified in a written request or requests made by
any Holder or Holders received by the Company within fifteen (15) days after such written notice from the Company is mailed or delivered. Such written request may specify all or a part of a Holder’s Registrable Securities. 

  
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 (b) Underwriting. If the registration of which the Company gives notice is for a
registered public offering involving an underwriting, the Company shall so advise the Holders as a part of the written notice given pursuant to Section 2.2(a)(i). In such event, the right of any Holder to registration pursuant to this
Section 2.2 shall be conditioned upon such Holder’s participation in such underwriting and the inclusion of such Holder’s Registrable Securities in the underwriting to the extent provided herein. All Holders proposing to distribute
their securities through such underwriting shall (together with the Company and the other holders of securities of the Company with registration rights to participate therein distributing their securities through such underwriting) enter into an
underwriting agreement in customary form with the representative of the underwriter or underwriters selected by the Company. 

Notwithstanding any other provision of this Section 2.2, if the underwriters advise the Company in writing that marketing factors
require a limitation on the number of shares to be underwritten, the underwriters may (subject to the limitations set forth below) limit the number of Registrable Securities to be included in, the registration and underwriting. The Company shall so
advise all holders of securities requesting registration, and the number of shares of securities that are entitled to be included in the registration and underwriting shall be allocated, as follows: (i) first, to Investor or its designee(s) of
an amount of Registrable Securities equal to the lesser of (A) the amount of Registrable Securities that would result in $20,000,000 in aggregate proceeds (before deduction for underwriter’s discounts and expenses related to the issuance)
to Investor and (B) 25% of the aggregate offering size (including all shares to be underwritten in such offering), (ii) second, to the Company for securities being sold for its own account, (iii) third, to the Holders requesting to
include Registrable Securities in such registration statement based on the pro rata percentage of Registrable Securities held by such Holders, assuming conversion and (iv) fourth, to the Other Selling Stockholders requesting to include Other
Shares in such registration statement based on the pro rata percentage of Other Shares held by such Other Selling Stockholders, assuming conversion. 
 If a person who has requested inclusion in such registration as provided above does not agree to the terms of any such underwriting, such person shall also be excluded therefrom by written notice from the
Company or the underwriter. The Registrable Securities or other securities so excluded shall also be withdrawn from such registration. Any Registrable Securities or other securities excluded or withdrawn from such underwriting shall be withdrawn
from such registration. If shares are so withdrawn from the registration and if the number of shares of Registrable Securities to be included in such registration was previously reduced as a result of marketing factors pursuant to
Section 2.2(b), the Company shall then offer to all persons who have retained the right to include securities in the registration the right to include additional securities in the registration in an aggregate amount equal to the number of
shares so withdrawn, with such shares to be allocated among the persons requesting additional inclusion, in the manner set forth above. 
 (c) Right to Terminate Registration. The Company shall have the right to terminate or withdraw any registration initiated by it under this Section 2.2 prior to the effectiveness of such
registration whether or not any Holder has elected to include securities in such registration. 
 2.3 Expenses of
Registration. All Registration Expenses incurred in connection with registrations pursuant to Sections 2.1 and 2.2 shall be borne by the Company; provided, however, that the Company shall not be required to pay for any expenses of any
registration proceeding begun pursuant to Sections 2.1 if the registration request is subsequently withdrawn at the request of the Investor or because a sufficient number of Holders shall have withdrawn so that the minimum offering condition set
forth in Section 2.1(b)(ii) is no longer satisfied (in which case all participating Holders shall bear such expenses pro 

  
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rata among each other based on the number of Registrable Securities requested to be so registered), unless the Investor agrees to forfeit its right to a demand registration pursuant to
Section 2.1; provided, however, in the event that a withdrawal by the Holders is based upon material adverse information relating to the Company that is different from the information known to the Holders requesting registration at the time of
their request for registration under Section 2.1, such registration shall not be treated as a counted registration for purposes of Section 2.1, even though the Holders do not bear the Registration Expenses for such registration. All
Selling Expenses relating to securities registered on behalf of the Holders shall be borne by the holders of securities included in such registration pro rata among each other on the basis of the number of Registrable Securities so registered.

 2.4 Registration Procedures. In the case of each registration effected by the Company pursuant to Section 2,
the Company will keep each Holder advised in writing as to the initiation of each registration and as to the completion thereof. At its expense, the Company will use its commercially reasonable efforts to: 

(a) keep such registration effective for a period of ending on the earlier of the date which is sixty (60) days from the effective
date of the registration statement or such time as the Holder or Holders have completed the distribution described in the registration statement relating thereto; 
 (b) to the extent the Company is a well-known seasoned issuer (as defined in Rule 405 under the Securities Act) (a “WKSI”) at the time any request for registration is submitted to the
Company in accordance with Section 2.1, (i) if so requested, file an automatic shelf registration statement (as defined in Rule 405 under the Securities Act) (an “automatic shelf registration statement”) to effect such
registration, and (ii) remain a WKSI (and not become an ineligible issuer (as defined in Rule 405 under the Securities Act)) during the period during which such automatic shelf registration statement is required to remain effective in
accordance with this Agreement; 
 (c) prepare and file with the Commission such amendments and supplements to such registration
statement and the prospectus used in connection with such registration statement as may be necessary to comply with the provisions of the Securities Act with respect to the disposition of all securities covered by such registration statement for the
period set forth in subsection (a) above; 
 (d) furnish such number of prospectuses, including any preliminary
prospectuses, and other documents incident thereto, including any amendment of or supplement to the prospectus, as a Holder from time to time may reasonably request; 
 (e) use its reasonable best efforts to register and qualify the securities covered by such registration statement under such other securities or Blue Sky laws of such jurisdiction as shall be reasonably
requested by the Holders; provided, that the Company shall not be required in connection therewith or as a condition thereto to qualify to do business or to file a general consent to service of process in any such states or jurisdictions;

 (f) notify each Holder of Registrable Securities covered by such registration statement at any time when a prospectus
relating thereto is required to be delivered under the Securities Act of the happening of any event as a result of which the prospectus included in such registration statement, as then in effect, includes an untrue statement of a material fact or
omits to state a material fact required to be stated therein or necessary to make the statements therein not misleading or incomplete in light of the circumstances then existing, and following such notification promptly prepare and furnish to such
seller a reasonable number of copies of a supplement to or an amendment of such prospectus as may be necessary so that, as thereafter delivered to the purchasers of such shares, such prospectus shall not include an untrue statement of a material
fact or omit to state a material fact required to be stated therein or necessary to make the statements therein not misleading or incomplete in light of the circumstances then existing; 

  
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 (g) if at any time when the Company is required to re-evaluate its WKSI status for purposes
of an automatic shelf registration statement used to effect a request for registration in accordance with Section 2.1 (i) the Company determines that it is not a WKSI, (ii) the registration statement is required to be kept effective
in accordance with this Agreement, and (iii) the registration rights of the applicable Holders have not terminated, promptly amend the registration statement onto a form the Company is then eligible to use or file a new registration statement
on such form, and keep such registration statement effective in accordance with the requirements otherwise applicable under this Agreement; 
 (h) use its commercially reasonable efforts to furnish, on the date that such Registrable Securities are delivered to the underwriters for sale, if such securities are being sold through underwriters,
(i) an opinion, dated as of such date, of the counsel representing the Company for the purposes of such registration, in form and substance as is customarily given to underwriters in an underwritten public offering, addressed to the
underwriters, if any, and reasonably satisfactory to a majority in interest of the Holders requesting registration of Registrable Securities and (ii) a “comfort” letter dated as of such date, from the independent certified public
accountants of the Company, in form and substance as is customarily given by independent certified public accountants to underwriters in an underwritten public offering, addressed to the underwriters; 

(i) provide a transfer agent and registrar for all Registrable Securities registered pursuant to such registration statement and a CUSIP
number for all such Registrable Securities, in each case not later than the effective date of such registration; 
 (j)
otherwise use its commercially reasonable efforts to comply with all applicable rules and regulations of the Commission, and make available to its security holders, as soon as reasonably practicable, an earnings statement covering the period of at
least twelve months, but not more than eighteen months, beginning with the first month after the effective date of the Registration Statement, which earnings statement shall satisfy the provisions of Section 11(a) of the Securities Act;

 (k) cause all such Registrable Securities registered pursuant hereunder to be listed on each securities exchange on which
similar securities issued by the Company are then listed; and 
 (l) in connection with any underwritten offering pursuant to a
registration statement filed pursuant to Section 2.1, enter into an underwriting agreement in form reasonably necessary to effect the offer and sale of Company Stock, provided such underwriting agreement contains reasonable and customary
provisions, and provided further, that each Holder participating in such underwriting shall also enter into and perform its obligations under such an agreement. 
 2.5 Indemnification.
 (a) To the extent permitted by law, the Company will
indemnify and hold harmless each Holder, each of its officers, directors and partners, legal counsel and accountants and each person controlling such Holder within the meaning of Section 15 of the Securities Act, with respect to which
registration, qualification or compliance has been effected pursuant to this Section 2, and each underwriter, if any, and each person who controls within the meaning of Section 15 of the Securities Act any underwriter, against all
expenses, claims, losses, damages and liabilities (or actions, proceedings or settlements in respect thereof) arising out of or based on: (i) any untrue statement (or alleged untrue statement) of a material fact contained or incorporated by
reference in any registration statement, any prospectus included in the registration 

  
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statement, any issuer free writing prospectus (as defined in Rule 433 of the Securities Act), any issuer information (as defined in Rule 433 of the Securities Act) filed or required to
be filed pursuant to Rule 433(d) under the Securities Act or any other document incident to any such registration, qualification or compliance prepared by or on behalf of the Company or used or referred to by the Company, (ii) any omission
(or alleged omission) to state therein a material fact required to be stated therein or necessary to make the statements therein not misleading, or (iii) any violation (or alleged violation) by the Company of the Securities Act, any state
securities laws or any rule or regulation thereunder applicable to the Company and relating to action or inaction required of the Company in connection with any offering covered by such registration, qualification or compliance, and the Company will
reimburse each such Holder, each of its officers, directors, partners, legal counsel and accountants and each person controlling such Holder, each such underwriter and each person who controls any such underwriter, for any legal and any other
expenses reasonably incurred in connection with investigating and defending or settling any such claim, loss, damage, liability or action; provided that the Company will not be liable in any such case to the extent that any such claim, loss, damage,
liability, or action arises out of or is based on any untrue statement or omission based upon written information furnished to the Company by such Holder, any of such Holder’s officers, directors, partners, legal counsel or accountants, any
person controlling such Holder, such underwriter or any person who controls any such underwriter, and stated to be specifically for use therein; and provided, further that, the indemnity agreement contained in this Section 2.5(a) shall not
apply to amounts paid in settlement of any such loss, claim, damage, liability or action if such settlement is effected without the consent of the Company (which consent shall not be unreasonably withheld). 

(b) To the extent permitted by law, each Holder will, if Registrable Securities held by such Holder are included in the securities as to
which such registration, qualification or compliance is being effected, indemnify and hold harmless the Company, each of its directors, officers, partners, legal counsel and accountants and each underwriter, if any, of the Company’s securities
covered by such a registration statement, each person who controls the Company or such underwriter within the meaning of Section 15 of the Securities Act, each other such Holder, and each of their officers, directors and partners, and each
person controlling each other such Holder, against all claims, losses, damages and liabilities (or actions in respect thereof) arising out of or based on: (i) any untrue statement (or alleged untrue statement) of a material fact contained or
incorporated by reference in any prospectus, offering circular or other document (including any related registration statement, notification, or the like) incident to any such registration, qualification or compliance, or (ii) any omission (or
alleged omission) to state therein a material fact required to be stated therein or necessary to make the statements therein not misleading, and will reimburse the Company and such Holders, directors, officers, partners, legal counsel and
accountants, persons, underwriters, or control persons for any legal or any other expenses reasonably incurred in connection with investigating or defending any such claim, loss, damage, liability or action, in each case to the extent, but only to
the extent, that such untrue statement (or alleged untrue statement) or omission (or alleged omission) is made in such registration statement, prospectus, offering circular or other document in reliance upon and in conformity with written
information furnished to the Company by such Holder and stated to be specifically for use therein; provided, however, that the obligations of such Holder hereunder shall not apply to amounts paid in settlement of any such claims, losses, damages or
liabilities (or actions in respect thereof) if such settlement is effected without the consent of such Holder (which consent shall not be unreasonably withheld); and provided that in no event shall any indemnity under this Section 2.5 exceed
the net proceeds from the offering received by such Holder, except in the case of fraud or willful misconduct by such Holder. 

(c) Each party entitled to indemnification under this Section 2.5 (the “Indemnified Party”) shall give notice to
the party required to provide indemnification (the “Indemnifying Party”) promptly after such Indemnified Party has actual knowledge of any claim as to which indemnity may be sought, and shall permit the Indemnifying Party to assume
the defense of such claim or any litigation resulting therefrom; provided that counsel for the Indemnifying Party, who shall conduct the defense of such claim or 

  
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any litigation resulting therefrom, shall be approved by the Indemnified Party (whose approval shall not be unreasonably withheld), and the Indemnified Party may participate in such defense at
such party’s expense; and provided further that the failure of any Indemnified Party to give notice as provided herein shall not relieve the Indemnifying Party of its obligations under this Section 2.5, to the extent such failure is not
prejudicial. No Indemnifying Party, in the defense of any such claim or litigation, shall, except with the consent of each Indemnified Party, consent to entry of any judgment or enter into any settlement that does not include as an unconditional
term thereof the giving by the claimant or plaintiff to such Indemnified Party of a release from all liability in respect to such claim or litigation. Each Indemnified Party shall furnish such information regarding itself or the claim in question as
an Indemnifying Party may reasonably request in writing and as shall be reasonably required in connection with defense of such claim and litigation resulting therefrom. 
 (d) If the indemnification provided for in this Section 2.5 is held by a court of competent jurisdiction to be unavailable to an Indemnified Party with respect to any loss, liability, claim, damage,
or expense referred to herein, then the Indemnifying Party, in lieu of indemnifying such Indemnified Party hereunder, shall contribute to the amount paid or payable by such Indemnified Party as a result of such loss, liability, claim, damage, or
expense in such proportion as is appropriate to reflect the relative fault of the Indemnifying Party on the one hand and of the Indemnified Party on the other in connection with the statements or omissions that resulted in such loss, liability,
claim, damage, or expense as well as any other relevant equitable considerations. The relative fault of the Indemnifying Party and of the Indemnified Party shall be determined by reference to, among other things, whether the untrue or alleged untrue
statement of a material fact or the omission to state a material fact relates to information supplied by the Indemnifying Party or by the Indemnified Party and the parties’ relative intent, knowledge, access to information, and opportunity to
correct or prevent such statement or omission. No Holder will be required under this Section 2.5(d) to contribute any amount in excess of the net proceeds from the offering received by such Holder, except in the case of fraud or willful
misconduct by such person or entity. No person or entity guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) will be entitled to contribution from any person or entity who was not guilty of such
fraudulent misrepresentation. 
 (e) Notwithstanding the foregoing, to the extent that the provisions on indemnification and
contribution contained in the underwriting agreement entered into in connection with the underwritten public offering are in conflict with the foregoing provisions, the provisions in the underwriting agreement shall control. 

2.6 Information by Holder. Each Holder of Registrable Securities shall furnish to the Company such information regarding such
Holder and the distribution proposed by such Holder as the Company may reasonably request in writing and as shall be reasonably required in connection with any registration, qualification, or compliance referred to in this Section 2. If a
Holder fails for any reason to provide such information within ten Business Days following such request so as to enable the Company to perform its obligations to other Holders under Section 2, such Holder shall, by written notice from the
Company, be excluded from such distribution that is the subject of such request. 
 2.7 Rule 144
Reporting. With a view to making available the benefits of certain rules and regulations of the Commission that may permit the sale of the Registrable Securities to the public without registration, the Company agrees to use its commercially
reasonable efforts to: 
 (a) make and keep adequate current public information with respect to the Company available in
accordance with Rule 144 under the Securities Act, at all times from and after ninety (90) days following the effective date of the first registration under the Securities Act filed by the Company for an offering of its securities to the
general public; 

  
 -9-

 (b) file with the Commission in a timely manner all reports and other documents required of
the Company under the Securities Act and the Exchange Act at any time after it has become subject to such reporting requirements; and 
 (c) so long as a Holder owns any Registrable Securities, furnish to the Holder forthwith upon written request a written statement by the Company as to its compliance with the reporting requirements of
Rule 144 (at any time from and after ninety (90) days following the effective date of the first registration statement filed by the Company for an offering of its securities to the general public), and of the Securities Act and the
Exchange Act (at any time after it has become subject to such reporting requirements), a copy of the most recent annual or quarterly report of the Company, and such other reports and documents so filed as a Holder may reasonably request in availing
itself of any rule or regulation of the Commission allowing a Holder to sell any such securities without registration. 
 2.8
Limitations on Subsequent Registration Rights. From and after the date of this Agreement, the Company shall not, without the prior written consent of Investor, enter into any agreement with any holder or prospective holder of any securities
of the Company giving such holder or prospective holder any registration rights the terms of which are pari passu with or senior to the registration rights granted to the Holders hereunder. 

2.9 Termination of Registration Rights. The right of any Holder to request registration or inclusion in any registration
pursuant to Sections 2.1 or 2.2 shall terminate on the earlier of such date on which all shares of Registrable Securities held or entitled to be held upon conversion by such Holder may immediately be sold under Rule 144 during any
consecutive ninety (90) day period. 
 SECTION 3 

MISCELLANEOUS 
 3.1 Amendment. Except as expressly provided herein, neither this Agreement nor any term hereof may be amended, waived, discharged or terminated other than by a written instrument referencing
this Agreement and signed by each of the Company and Investor. Each amendment effected pursuant to the preceding sentence shall be binding upon each party hereto. The failure of any party to enforce any of the provisions of this Agreement shall in
no way be construed as a waiver of such provisions and shall not affect the right of such party thereafter to enforce each and every provision of this Agreement in accordance with its terms. 

3.2 Notices. All notices and other communications required or permitted hereunder shall be in writing and shall be mailed by
registered or certified mail, postage prepaid, sent by facsimile or otherwise delivered by hand, messenger or courier service addressed: 
 (a) if, to Investor, to: 
 Enterprise Networks Holdings, Inc. 

50 Minuteman Road 

Andover, MA 01810 

Facsimile: (703) 262-3080 
 Attention: General Counsel 

  
 -10-

 with a copy (which shall not constitute notice) to: 

Wilson Sonsini Goodrich & Rosati, P.C. 
 650 Page Mill Road, Palo Alto, California 94304 
 Facsimile: (650) 493-6811

 Attention: Martin Korman 
                     Todd Cleary 

(b) if, to the Company, to: 
 inContact, Inc. 
 7730 South Union Park Avenue, Suite 500 

Midvale, Utah 84047 
 Facsimile: (888) 888-9115 
 Attention: Gregory S. Ayers 

with a copy (which shall not constitute notice) to: 
 Parsons Behle & Latimer 
 201 South Main Street 

Salt Lake City, UT 84111 
 Facsimile: (801) 536-6111 
 Attention: Mark E. Lehman 

Each such notice or other communication shall for all purposes of this Agreement be treated as effective or having been given (i) if
delivered by hand, messenger or courier service, when delivered (or if sent via a nationally-recognized overnight courier service, freight prepaid, specifying next-business-day delivery, one business day after deposit with the courier), or
(ii) if sent via mail, at the earlier of its receipt or five days after the same has been deposited in a regularly-maintained receptacle for the deposit of the United States mail, addressed and mailed as aforesaid or (iii) if sent via
facsimile, upon confirmation of facsimile transfer. 
 3.3 Governing Law. This Agreement shall be governed in
all respects by the internal laws of the State of Delaware as applied to agreements entered into among Delaware residents to be performed entirely within Delaware, without regard to principles of conflicts of law. 

3.4 Successors and Assigns. This Agreement, and any and all rights, duties and obligations hereunder, shall not be assigned,
transferred, delegated or sublicensed by either party hereto without the prior written consent of the other party; provided that Investor may assign its rights and obligations under this Agreement, in whole or from time to time in part, to one or
more of its affiliates that acquires Shares registrable under this Agreement. Any attempt by any such party to assign, transfer, delegate or sublicense any rights, duties or obligations that arise under this Agreement in violation of this
Section 3.4 shall be null and void ab initio. Subject to the foregoing and except as otherwise provided herein, the provisions of this Agreement shall inure to the benefit of, and be binding upon, the successors, assigns, heirs, executors and
administrators of the parties hereto. 
 3.5 Entire Agreement. This Agreement and the other Transaction Documents,
including the exhibits attached hereto and thereto, constitute the full and entire understanding and agreement between the parties with regard to the subjects hereof and thereof. No party shall be liable or bound to any other party in any manner
with regard to the subjects hereof or thereof by any warranties, representations or covenants except as specifically set forth herein or therein. 

  
 -11-

 3.6 Delays or Omissions. Except as expressly provided herein, no delay or
omission to exercise any right, power or remedy accruing to any party to this Agreement upon any breach or default of any other party under this Agreement shall impair any such right, power or remedy of such non-defaulting party, nor shall it be
construed to be a waiver of any such breach or default, or an acquiescence therein, or of or in any similar breach or default thereafter occurring, nor shall any waiver of any single breach or default be deemed a waiver of any other breach or
default theretofore or thereafter occurring. Any waiver, permit, consent or approval of any kind or character on the part of any party of any breach or default under this Agreement, or any waiver on the part of any party of any provisions or
conditions of this Agreement, must be in writing and shall be effective only to the extent specifically set forth in such writing. All remedies, either under this Agreement or by law or otherwise afforded to any party to this Agreement, shall be
cumulative and not alternative. 
 3.7 Severability. If any provision of this Agreement becomes or is declared by a
court of competent jurisdiction to be illegal, unenforceable or void, portions of such provision, or such provision in its entirety, to the extent necessary, shall be severed from this Agreement, and such court will replace such illegal, void or
unenforceable provision of this Agreement with a valid and enforceable provision that will achieve, to the extent possible, the same economic, business and other purposes of the illegal, void or unenforceable provision. The balance of this Agreement
shall be enforceable in accordance with its terms. 
 3.8 Titles and Subtitles. The titles and subtitles used in
this Agreement are used for convenience only and are not to be considered in construing or interpreting this Agreement. All references in this Agreement to sections, paragraphs and exhibits shall, unless otherwise provided, refer to sections and
paragraphs hereof and exhibits attached hereto. 
 3.9 Counterparts. This Agreement may be executed in any number of
counterparts, each of which shall be enforceable against the parties that execute such counterparts, and all of which together shall constitute one instrument. 
 3.10 Telecopy Execution and Delivery. A facsimile, telecopy or other reproduction of this Agreement may be executed by one or more parties hereto and delivered by such party by facsimile or
any similar electronic transmission device pursuant to which the signature of or on behalf of such party can be seen. Such execution and delivery shall be considered valid, binding and effective for all purposes. At the request of any party hereto,
all parties hereto agree to execute and deliver an original of this Agreement as well as any facsimile, telecopy or other reproduction hereof. 
 3.11 Jurisdiction; Venue. Each of the parties hereto hereby submits and consents irrevocably to the exclusive jurisdiction of the courts of the State of Delaware and the United States District
Court for the District of Delaware for the interpretation and enforcement of the provisions of this Agreement. Each of the parties hereto also agrees that the jurisdiction over the person of such parties and the subject matter of such dispute shall
be effected by the mailing of process or other papers in connection with any such action in the manner provided for in Section 3.2 or in such other manner as may be lawful, and that service in such manner shall constitute valid and sufficient
service of process. 
 3.12 Further Assurances. Each party hereto agrees to execute and deliver, by the proper
exercise of its corporate, limited liability company, partnership or other powers, all such other and additional instruments and documents and do all such other acts and things as may be necessary to more fully effectuate this Agreement. 

  
 -12-

 3.13 Conflict. In the event of any conflict between the terms of this Agreement
and the Company’s certificate of incorporation or its bylaws, the terms of the Company’s certificate of incorporation or its bylaws, as the case may be, will control. 

3.14 Aggregation of Stock. All securities held or acquired by affiliated entities (including affiliated venture capital
funds) or persons shall be aggregated together for purposes of determining the availability of any rights under this Agreement. 

3.15 Jury Trial. EACH OF THE PARTIES HERETO HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY LAW, ANY AND ALL
RIGHT TO TRIAL BY JURY IN ANY LEGAL PROCEEDING (WHETHER SOUNDING IN CONTRACT, TORT OR OTHERWISE) ARISING OUT OF OR RELATED TO THIS AGREEMENT OR ANY OTHER OF THE TRANSACTION DOCUMENTS. 

(signature page follows) 

  
 -13-

 The parties are signing this Registration Rights Agreement as of the date stated in the
introductory clause. 
  

			
	INCONTACT, INC.
	a Delaware corporation

			
		
	By:	 	
 

			
		
	Name:	 	
 

			
		
	Title:	 	  

(Signature page to the Registration Rights Agreement) 

 
			
	ENTERPRISE NETWORKS HOLDINGS, INC.
	a Delaware corporation

			
		
	By:	 	
 

			
		
	Name:	 	
 

			
		
	Title:	 	  

(Signature page to the Registration Rights Agreement)Form of Indemnification Agreement

 Exhibit 10.2 
 FORM OF INDEMNIFICATION AGREEMENT 
 This INDEMNIFICATION AGREEMENT (this
“Agreement”) is made as of [—], 2011 between FORTUNE BRANDS, INC., a Delaware corporation (“Indemnitor”), and FORTUNE BRANDS HOME & SECURITY,
INC., a Delaware corporation and, as of the date hereof, a direct wholly-owned subsidiary of Indemnitor (“Home & Security”). 
 W I T N E S S E T H: 
 WHEREAS, Indemnitor and Home & Security have entered into a Separation and Distribution Agreement dated as of [—], 2011 (the
“Distribution Agreement”); 
 WHEREAS, the execution and delivery of this Agreement by the parties
hereto is a condition to the willingness of the parties to the Distribution Agreement to consummate the Distribution (as defined in the Distribution Agreement); and 
 WHEREAS, Indemnitor will benefit from, and therefore desires to facilitate the consummation of, the transactions contemplated by the Distribution Agreement; 

NOW, THEREFORE, in consideration of the foregoing, the mutual agreements, provisions and covenants contained in this Agreement, and other
good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows: 
 1. Indemnification. Subject to and conditioned upon the Distribution becoming effective, Indemnitor agrees to indemnify Home & Security, its affiliates and each of their respective
officers, directors, employees, stockholders, agents, representatives, successors and assigns, against and hold them harmless from any loss, liability, claim, damage or expense (including reasonable legal fees and expenses) suffered or incurred by
any such indemnified party arising from (i) any claim, investigation or proceeding alleging personal injury, (ii) any claim, investigation or proceeding alleging fraud or (iii) any other claim, investigation or proceeding, in the case
of each of clauses (i), (ii) and (iii), arising from smoking and health or fire-safe cigarette matters relating to the tobacco business of any of Indemnitor’s predecessors, former subsidiaries, joint ventures or minority owned enterprises,
including, without limitation, any such matter arising from or related to the development, manufacture, packaging, labeling, production, delivery, sale, resale, distribution, advertising, marketing, promotion, use or consumption of, or exposure to
(whether occurring before, on or after the date hereof), any tobacco products of, or research in respect of smoking and health or fire-safe cigarette matters by, any of Indemnitor’s predecessors, former subsidiaries, joint ventures or minority
owned enterprises. For the avoidance of doubt, any obligation of Indemnitor under this Section 1 shall apply (x) with respect to currently existing claims, investigations and proceedings and with respect to any claims,
investigations and proceedings that may arise subsequent to the date of this Agreement and (y) regardless of Indemnitor’s right to recovery from any third party with respect to any claim, investigation or proceeding. For purposes of this
Agreement, references to “affiliates” of Home & Security shall be deemed to refer only to affiliates of Home & Security from and after the Distribution Date. 

 2. Procedures Relating to Indemnification Claims. (a) If any person (the
“indemnified party”) entitled to indemnification under this Agreement should have a claim against Indemnitor under this Agreement, the indemnified party shall deliver notice of such claim with reasonable promptness to
Indemnitor. The failure by any indemnified party so to notify Indemnitor shall not relieve Indemnitor from any liability which it may have to such indemnified party under this Agreement, except to the extent that Indemnitor shall have been actually
prejudiced as a result of such failure (except that Indemnitor shall not be liable for any expenses incurred during the period in which the indemnified party failed to give such notice). 

(b) If a claim for indemnification hereunder relates to an action, suit, investigation or proceeding against or involving the indemnified
party, Indemnitor shall assume the defense thereof with counsel selected by Indemnitor. From and after the time that Indemnitor assumes the defense of such matter, Indemnitor shall not be liable to the indemnified party for legal expenses
subsequently incurred by the indemnified party in connection with such defense. The indemnified party shall have the right to employ counsel, at its own expense, separate from the counsel employed by Indemnitor, but such counsel shall not have any
right to participate in the defense of such claim and Indemnitor shall control such defense in all respects but Home & Security and such counsel shall have the right to be kept fully informed of the progress of such defense. Indemnitor
shall be liable for the fees and expenses of counsel employed by the indemnified party for any period during which Indemnitor has failed to assume the defense of such matter (other than during any period in which the indemnified party shall have
failed to give notice of the matter to Indemnitor as provided herein). The indemnified party shall not unreasonably withhold or delay its consent to any settlement, compromise or discharge of such matter which Indemnitor may recommend. The
indemnified party shall not settle, compromise or discharge any claim covered by this Agreement without the prior written consent of Indemnitor. 
 (c) The indemnified party shall cooperate with Indemnitor in its defense of any matter covered by this Agreement, at the expense (including reasonable legal fees and expenses) of Indemnitor. Without
limiting the generality of the foregoing, the indemnified party shall, at the expense (including reasonable legal fees and expenses) of Indemnitor, (i) provide or cause to be provided to Indemnitor such information and assistance as Indemnitor
may reasonably request to defend any matter covered hereby, including without limitation in the case of Home & Security, the assistance of officers and employees of Home & Security and, to the extent that Home & Security
is reasonably able to cause it to be provided, the assistance of directors, agents and others acting on behalf of Home & Security, when reasonably considered necessary by Indemnitor to defend such matter, (ii) supply with reasonable
promptness to Indemnitor copies of all correspondence and documents relating to or in connection with such claim received or transmitted by the indemnified party and (iii) take or cause to be taken such action as Indemnitor may reasonably
require to defend a claim covered hereby. Except as required by law or legal process, Home & Security shall not, and, to the extent within Home & Security’s reasonable control, shall not permit any of its affiliates, officers,
directors, employees, agents or others acting on its behalf to, take any action or make any admission which adversely affects or could reasonably be foreseen to adversely affect the defense of any matter covered hereby or that could reasonably be
foreseen to be covered hereby and shall not, and shall not permit any of its affiliates, officers, directors, employees, agents or others acting on its behalf to, make any adverse public statement regarding any such matters. 

  
 2 

 (d) If an indemnified party shall have received full payment (an “Indemnity
Payment”) required by this Agreement from Indemnitor in respect of any indemnifiable losses and shall subsequently actually receive proceeds of any insurance policies or other amounts in respect of such indemnifiable losses, then such
indemnified party shall pay to Indemnitor a sum equal to the amount actually received (net of increased insurance premiums and charges related directly and solely to such indemnifiable losses and any expenses (including reasonable attorneys fees and
expenses) incurred by such indemnified party in connection with seeking to collect such insurance proceeds or other amounts, and up to but not in excess of the amount of any Indemnity Payment made hereunder). The parties acknowledge that an
indemnified party shall not be required to seek recovery of any proceeds of insurance policies. An insurer who would otherwise be obligated to pay any claim shall not be relieved of such responsibility, or have any subrogation rights with respect
thereto, solely by virtue of the indemnification provisions hereof, it being expressly understood and agreed that no insurer or any other third party shall be entitled to any benefit they would not be entitled to receive in the absence of the
indemnification provisions hereof. 
 (e) In determining the amount of any indemnifiable losses, such amount shall be
(i) reduced to take into account any net Tax (as defined in the Tax Allocation Agreement between Indemnitor and Home & Security) benefit realized by the indemnified party arising from the incurrence or payment by the indemnified party
of such indemnifiable losses and (ii) increased to take into account any net Tax cost incurred by the indemnified party as a result of the receipt or accrual of payments hereunder (grossed-up for such increase), in each case determined by
treating the indemnified party as recognizing all other items of income, gain, loss, deduction or credit before recognizing any item arising from such indemnifiable losses. It is the intention of the parties to this Agreement that indemnity payments
made pursuant to this Agreement are to be treated as relating back to the Distribution (as defined in the Distribution Agreement) as a capital contribution by Indemnitor to Home & Security, and the parties shall not take any position
inconsistent with such intention before any Tax authority, except to the extent that a final determination (as defined in Section 1313 of the Internal Revenue Code of 1986, as amended) with respect to the recipient party causes any such payment
not to be so treated. 
 3. Representations and Warranties of Indemnitor. Indemnitor represents and warrants to
Home & Security as follows: 
 (a) Indemnitor is a corporation duly incorporated, validly existing and in good standing
under the laws of the State of Delaware. Indemnitor has all requisite corporate power and authority to enter into this Agreement and to perform its obligations hereunder. All corporate acts and other proceedings required to be taken by Indemnitor to
authorize the execution, delivery and performance of this Agreement have been duly and properly taken. This Agreement has been duly executed and delivered by Indemnitor and constitutes a legal, valid and binding obligation of Indemnitor enforceable
against it in accordance with its terms, subject to the qualification, however, that enforcement of the rights and remedies created hereby is subject to bankruptcy and other similar laws of general application relating to or affecting the rights and
remedies of creditors and that the remedy of specific enforcement or of injunctive relief is subject to the discretion of the court before which any proceeding therefor may be brought. 

  
 3 

 (b) The execution and delivery of this Agreement by Indemnitor does not, and compliance with
the terms hereof will not, conflict with, or result in any violation of or default (with or without notice or lapse of time, or both) under, or give rise to a right of termination, cancellation or acceleration of any obligation to any person under,
or to increased, additional, accelerated or guaranteed rights or entitlements of any person under, or result in the creation of any lien, claim, encumbrance, security interest, option, charge or restriction of any kind upon any of the properties or
assets of it under, any provision of (i) its certificate of incorporation or bylaws, (ii) any material note, bond, mortgage, indenture, deed of trust, license, lease, contract, commitment, agreement or arrangement to which it is a party or
by which any of its properties or assets are bound or (iii) any judgment, order, decree, statute, law, ordinance, rule or regulation applicable to it or its properties or assets, other than, in the case of clause (ii) above, any such items
that, individually or in the aggregate, would not have a material adverse effect on the ability of it to perform its obligations hereunder. No consent, approval, license, permit, order or authorization of, or registration, declaration or filing
with, any government or any court of competent jurisdiction, administrative agency or commission or other governmental authority or instrumentality, domestic or foreign, is required to be obtained or made by or with respect to Indemnitor or any of
its affiliates in connection with the execution, delivery and performance of this Agreement by it. Home & Security acknowledges that it is aware of the terms of the various contracts which have been or will be entered into by Indemnitor in
connection with the Distribution Agreement and transactions associated therewith. 
 4. Covenants of Indemnitor.
Indemnitor agrees as follows: 
 (a) Subject to Section 4(b), Indemnitor will do or cause to be done all things
necessary to preserve and keep in full force and effect its corporate existence in accordance with its organizational documents and all laws applicable to the maintenance of its corporate existence. 

(b) Indemnitor shall not consolidate with or merge into any other person unless (i) the person formed by such consolidation or into
which Indemnitor is merged shall be duly organized and existing under the laws of the jurisdiction of its organization and shall expressly assume, by an instrument supplemental hereto, executed and delivered to Home & Security prior to or
contemporaneously with the consummation of such transaction, the performance of the obligations of Indemnitor under this Agreement and (ii) prior to and immediately after giving effect to such transaction, Indemnitor shall not be in default in
any material respect of its obligations under this Agreement. 
 (c) With the exception of bona fide charitable contributions,
Indemnitor shall not license, convey or transfer any assets on other than commercially reasonable, arm’s length terms. 

  
 4 

 (d) Except for (i) transactions in the ordinary course of business (including bona fide
charitable contributions) or (ii) transactions the proceeds of which are reinvested in the business of Indemnitor, Indemnitor shall not license, convey or transfer, or cause to be licensed, conveyed or transferred, in one or a series of
transactions in any period of ten years, an aggregate of more than 25% in market value of the business or assets of Indemnitor, unless Indemnitor shall have complied with the provisions of Section 4(e). For purposes of this
Section 4(d) the value of the businesses or assets licensed, conveyed or transferred shall be taken at the respective dates of their license, conveyance or transfer and the limit (i.e., 25% of the market value) shall be calculated
at the date of the last such license, conveyance or transfer. In calculating the value of the businesses or assets licensed, conveyed or transferred for purposes of this Section 4(d) there shall be excluded any licenses, conveyances or
transfers to which Section 4 is not applicable by virtue of the application of Section 4(f) and any transaction where the provisions of Section 4(e) have been observed. 

(e) An Indemnitor shall not engage in any transaction that is restricted under Section 4(d) unless, in each such instance,
(i) the person or persons acquiring assets by such license, conveyance or transfer shall be duly organized and existing under the laws of the jurisdiction of its organization and shall expressly assume, by an instrument supplemental hereto,
executed and delivered to Home & Security prior to or contemporaneously with the consummation of such transaction, the performance of the entire obligations of Indemnitor under this Agreement and (ii) prior to and immediately after
giving effect to such transaction, Indemnitor shall not be in default in any material respect of its obligations under this Agreement; provided, however, that the acquiring party’s assumption of obligations hereunder shall be
limited in the aggregate to the total consideration paid by the acquiring party in respect of such license, conveyance or transfer. 
 (f) The restrictions on consolidations, mergers, licenses, conveyances and transfers in this Section 4 shall be applicable to transactions with any parent, subsidiary or affiliate of
Indemnitor as well as transactions with any unrelated person or persons, but shall not be applicable to a transaction with a person who has previously assumed, without limitation, the performance of all the obligations of Indemnitor under this
Agreement or transactions with a wholly-owned subsidiary of Indemnitor insofar as such subsidiary is subject, without limitation, to the constraints of this Section 4. 

(g) Notwithstanding any other provision of this Section 4 to the contrary, no license, conveyance or transfer requiring the
licensee or transferee to assume indemnification obligations under this Agreement shall be valid unless Home & Security may directly enforce the provisions of this Agreement against the party to whom the assets are being licensed, conveyed
or transferred notwithstanding that Home & Security is not or may not be a party to such license, conveyance or transfer. 
 (h) No consolidation, merger, license, conveyance or transfer permitted under this Section 4 shall limit or affect the obligations of Indemnitor hereunder. 

(i) At the request of any party that is or may become subject to the terms of this Agreement, Home & Security agrees to discuss
in good faith the modification of the provisions of this Section 4. 

  
 5 

 5. Notices. All notices, requests, claims, demands and other communications required
or permitted hereunder shall be in writing and shall be deemed given or delivered (a) when delivered personally, (b) if transmitted by facsimile when confirmation of transmission is received, (c) if sent by registered or certified
mail, postage prepaid, return receipt requested, on the third business day after mailing or (d) if sent by nationally recognized overnight courier, on the first business day following the date of dispatch; and shall be addressed as follows:

 If to Indemnitor: 
 Beam Inc. 
 500 Lake Cook Road 

Deerfield, Illinois 60015 
 Attention: General Counsel 
 Facsimile:
[                    ] 
 If to Home & Security: 
 Fortune Brands Home & Security, Inc.

 520 Lake Cook Road 
 Deerfield, Illinois 60015 
 Attention: General Counsel 

Facsimile:
[                    ] 
 or to such
other person or address as such party may have specified in a notice duly given to the other party as provided herein. 
 6.
Counterparts. This Agreement may be executed in counterparts, each of which shall be deemed an original instrument, but both of which shall constitute one and the same instrument and shall become binding when the counterparts have been signed
by and delivered to each of the parties hereto. 
 7. Entire Agreement. This Agreement contains the entire agreement and
understanding between the parties hereto with respect to the subject matter hereof and supersedes all prior agreements, negotiations, discussions, understandings, writings and commitments between the parties with respect to such subject matter.
Neither party hereto shall be liable or bound to the other party hereto in any manner by any representations, warranties or covenants relating to such subject matter except as specifically set forth herein. Notwithstanding the foregoing, nothing
contained in this Agreement shall be construed to relieve Indemnitor from any other indemnification obligations it may have under the Distribution Agreement and the Tax Allocation Agreement, but an indemnified party shall not be entitled to recover
in excess of the indemnifiable losses it suffers. 
 8. Jurisdiction. Indemnitor and Home & Security each
irrevocably submits to the nonexclusive jurisdiction of [(a) the Supreme Court of the State of New York, New York County, and (b) the United States District Court for the Southern District of New York,] for the purposes of any suit, action
or other proceeding arising out of this Agreement. Each of Indemnitor and Home & Security agrees that service of process, summons, notice or document by hand delivery or U.S. registered mail to such party’s respective address set forth
in Section 5 shall be effective service of process for any action, suit or proceeding brought against Indemnitor or Home & Security in any such court. Indemnitor and Home & Security each irrevocably and unconditionally
waives any objection to the laying of venue of any action, suit or proceeding arising out of this Agreement in (i) the Supreme Court of the State of New York, New York County, or (ii) the United States District Court for the Southern
District of New York, and hereby further irrevocably and unconditionally waives and agrees not to plead or claim in any such court that any such action, suit or proceeding brought in any such court has been brought in an inconvenient forum.

  
 6 

 9. Applicable Law. This Agreement shall be governed by and construed in accordance
with the internal laws of the State of New York applicable to agreements made and to be performed entirely within such State, without regard to the conflicts of law principles of such State. 

10. Amendment; Waiver. No amendment, modification or waiver in respect of this Agreement shall be effective unless in writing and
signed by each party hereto. No delay or failure on the part of any party in exercising any rights hereunder, and no particular or single exercise thereof, will constitute a waiver of such rights or of any other rights hereunder. 

11. Titles and Headings. Titles and headings to sections herein are inserted for convenience of reference only and are not
intended to be part of or to affect the meaning or interpretation of this Agreement. 
 12. Severability. Any provision
of this Agreement which is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof. Any such
prohibition or unenforceability in any jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction. 
 13. Warranties. Each party hereto acknowledges that it has not been induced to enter into this Agreement by any representation or warranty other than those contained herein and, having negotiated
and freely entered into this Agreement, agrees that it shall have no remedy under this Agreement in respect of any other such representation or warranty except in the case of fraud. 

14. Rights. The rights, powers, privileges and remedies provided in this Agreement are cumulative and are not exclusive of any
rights, powers, privileges or remedies provided by law or otherwise. No single or partial exercise of any right, power, privilege or remedy under this Agreement shall prevent any further or other exercise thereof or the exercise of any other right,
power, privilege or remedy. 

  
 7 

 15. Successors and Assigns. This Agreement and all of the provisions hereof shall be
binding upon and inure for the benefit of the parties hereto and their respective successors and permitted assigns. Indemnitor may not assign its rights and benefits under this Agreement, either in whole or in part, without the prior written consent
of Home & Security. Home & Security may assign its rights and benefits under this Agreement, either in whole or in part, provided that (a) the person or persons acquiring the benefit of such rights and benefits shall be
duly organized and existing under the laws of the jurisdiction of its organization, (b) prior to or contemporaneously with the consummation of such transaction, Home & Security delivers to Indemnitor (i) an instrument duly
executed and delivered by the assignee(s) for the benefit of Indemnitor containing the agreement by the assignee(s) to be bound by and to observe and perform the provisions of this Agreement and (ii) an opinion of counsel in form and substance
reasonably satisfactory to Indemnitor that, from and after such assignment, the assignee(s) will be bound by and required to observe and perform the provisions of this Agreement and that Indemnitor may directly enforce the provisions of this
Agreement against the assignee(s) notwithstanding that Indemnitor is not party to such assignment and (c) prior to and immediately after giving effect to such transaction, Home & Security shall not be in default in any material respect
of its obligations under this Agreement. 
 * * * * * 

  
 8 

 IN WITNESS WHEREOF, the parties have caused this Agreement to be duly executed as of the
date first above written. 
  

			
	FORTUNE BRANDS, INC.
		
	By	  	  

		  	Name:
		  	Title:
	
	FORTUNE BRANDS HOME & SECURITY, INC.
		
	By	  	  

		  	Name:
		  	Title:

 Indemnification Agreement

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