Document:

Shared Services Agreement dated August 1, 2004

 Exhibit 10.54 
  
 EXECUTION COPY 
  
 SHARED SERVICES AGREEMENT 
  
 Between 
  
 TRX, Inc. 
  
 And 
  
 Siemens Shared Services, LLC 
  
 This document contains confidential and proprietary information of the parties hereto and is
intended to be used only by the parties hereto, their representatives and agents. No other use, reproduction or disclosure of this document, in whole or in part, may be made without the prior written consent of both parties hereto. 

 TABLE OF CONTENTS 
  

					
			
	1.	  	 DEFINITIONS/CONSTRUCTION
	  	1
			
	2.	  	 RELATIONSHIP OF THE PARTIES; SERVICES
	  	4
			
	3.	  	 SLAS
	  	4
			
	4.	  	 TRX RESPONSIBILITIES
	  	4
			
	5.	  	 ONGOING OPERATIONAL SERVICES
	  	5
			
	6.	  	 TERM
	  	9
			
	7.	  	 FEES FOR SERVICES
	  	9
			
	8.	  	 BILLINGS AND PAYMENTS
	  	10
			
	9.	  	 EXCLUSIVITY; RIGHTS OF FIRST OFFER
	  	11
			
	10.	  	 AGREEMENT AND NOTICES
	  	11
			
	11.	  	 OWNERSHIP AND INTELLECTUAL PROPERTY RIGHTS
	  	12
			
	12.	  	 CONFIDENTIAL INFORMATION, NON-SOLICITATION AND NON-COMPETITION
	  	14
			
	13.	  	 REPRESENTATIONS AND WARRANTIES
	  	18
			
	14.	  	 INDEMNIFICATION / INSURANCE
	  	20
			
	15.	  	 LIMITATION OF LIABILITY
	  	22
			
	16.	  	 TERMINATION
	  	23
			
	17.	  	 DISPUTES AND ARBITRATION
	  	26
			
	18.	  	 GENERAL TERMS
	  	27

  
 EXHIBITS 
  

			
	Exhibit A	  	Services
	Exhibit B	  	SLAs
	Exhibit C	  	Business Continuance and Disaster Recovery Plan
	Exhibit D	  	Fees and Costs
	Exhibit E	  	Current Siemens Customers
	Exhibit F	  	Privacy Policy
	Exhibit G	  	Termination Schedule

  

 -i- 

 SHARED SERVICES AGREEMENT 
  
 This agreement (“Agreement”) is made this 1st day of August, 2004,
between TRX, Inc. (“TRX”), a company incorporated under the laws of Georgia, having its head office at 6 West Druid Hills Drive, Atlanta, GA 30329 and Siemens Shared Services, LLC (“Siemens”), having a place of
business at 170 Wood Avenue South, Iselin, NJ 08830. 
  
 WITNESSETH 
  
 WHEREAS, TRX and its
Affiliates (as hereinafter defined), are engaged in the business of providing services to their customers in the travel and financial industries, and Siemens has the capacity for providing a variety of customer interaction and contact center
services, administrative and back office services for companies in travel industry; 
  
 WHEREAS, TRX and Siemens desire to enter into this Agreement setting forth the terms and conditions pursuant to which TRX and its Affiliates may purchase from Siemens, and Siemens will provide to TRX and its
Affiliates, such services as may be requested by TRX for itself and for its Affiliates from time to time pursuant to the terms of this Agreement; and 
  
 WHEREAS, Siemens shall provide the services described hereunder primarily from outside of the United States of America with executive management
based in the United States of America, as described herein, but TRX is not planning to export its technology outside of the United States of America. 
  
 NOW, THEREFORE, in consideration of the mutual covenants and undertakings and other good and valuable consideration, the parties agree to as
follows: 
  

	1.	Definitions/Construction 

  

	 	1.1	Definitions. The following terms have the meanings defined below when used in this Agreement: 

  

	 	1.1.1 	“Affiliates” means, with regards to a party, any person, partnership or other unincorporated association, joint venture, corporation, or other entity which directly
or indirectly has a controlling interest in such party, is under common control as such party or, with respect to TRX only, in which TRX has an equitable, financial or other interest and which TRX designates in writing to Siemens as being entitled
to be the beneficiary of Services provided pursuant to a Statement of Work. 

  

	 	1.1.2 	“Agreement” means this Shared Services Agreement, and shall include any exhibit, schedule and other document referred to herein, as well as all amendments thereto.

  

	 	1.1.3 	“Applicable Laws” means all federal, foreign, province, state and local laws, statutes, regulations, rules, executive orders, supervisory requirements,
directives, interpretive letters and other official releases of any Governmental Authority. 

	 	1.1.4 	“Approved Siemens Subcontractor” means a person to whom Siemens may be entitled to subcontract the performance of certain of its obligations hereunder, subject to
the provisions of Section 5.10 hereof. 

  

	 	1.1.5 	“Authorized Representative” with respect to Siemens means the Chief Financial Officer or whomever Siemens or an Affiliate delegates authority to in writing and
gives TRX notice of writing. Authorized Representative with respect to TRX means the Chief Financial Officer and Mr. Victor Pynn Executive Vice President, Global Solutions and Information Technology or whomever TRX or an Affiliate delegates
authority to in writing and gives Siemens notice of writing. 

  

	 	1.1.6 	“Customer(s)” means the consumer(s) or person(s) to whom TRX targets and/or provides its products and services. 

  

	 	1.1.7 	“Deliverables” means all materials, services and all improvements to Siemens’ material, furnished pursuant to this Agreement and that are custom-developed by
Siemens specifically for TRX. 

  

	 	1.1.8	  “Effective Date” means the date first above mentioned. 

  

	 	1.1.9 	“Force Majeure” means any of the following to the extent not within the reasonable control of the affected party: fire, flood, explosion, tornado, epidemic,
earthquake, snowstorm, ice build-up, quarantine, embargo, acts of terrorism, or other act of God, explosion, damage or destruction to equipment or facilities, strike or other dispute with workers, riots or civil disputes, war (whether declared or
undeclared) or armed conflict, any municipal ordinance or provincial or federal law, governmental order or regulation or order of any court or regulatory body, breaches of system security or any other event not within the reasonable control of the
affected party, which renders continued performance under this Agreement impossible, impracticable or illegal. 

  

	 	1.1.10 	“Governmental Authority” means any federal, province, state and local government (whether domestic or foreign), any political subdivision thereof or any other
governmental, quasi-governmental, judicial, public or statutory instrumentality, authority, body, agency, bureau or entity or any arbitrator with authority to bind a party at law. 

  

	 	1.1.11 	“Intellectual Property” means any and all worldwide trade-marks and trade-names, corporate names and domain names; copyrights; integrated circuit topography
registrations, industrial designs, know-how, trade secrets, patents and any other proprietary information (whether patentable or not) including, without limitation, any and all applications, reissues, divisions, continuations, renewals, extensions
and continuations to any of the foregoing. 

  

	 	1.1.12 	“Intellectual Property Rights” means any and all rights relating to Intellectual Property. 

  
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	 	1.1.13 	“Live Date” means, with regards to the provision of a particular Service, the first day that Siemens is scheduled to provide such Service. 

 

	 	1.1.14 	“Services” means the services provided by Siemens to TRX and/or its Affiliates pursuant to this Agreement. 

  

	 	1.1.15 	“Service Center(s)” or “SC(s)” means the outsourced environment agreed by the parties where the Services will be provided.

  

	 	1.1.16 	“Service Level Agreement” or “SLA” shall mean the performance criteria Siemens will be measured against as specified herein.

  

	 	1.1.17 	“TRX means either TRX or a TRX Affiliate to whom Siemens provides Services. 

  

	 	1.1.18 	“TRX Content” means all information, in any form, furnished or made available directly or indirectly by or on behalf of TRX or an Affiliate to Siemens, including
all data, materials, products, technology, computer programs, specifications, manuals, ideas, techniques, processes, know-how, inventions, models, drawings, algorithms, source code documents and other information disclosed or submitted in writing,
orally or by any other tangible media, including all information Siemens may have access to in TRX’s or an Affiliate’s system, including through dial-in capabilities. 

  

	 	1.1.19 	“TRX Data” means TRX Content and other information regarding TRXs’ employees, operations, technology and business processes and shall specifically include all
Personal Data. 

  

	 	1.1.20 	“TRX Subcontractor” means any third party to whom TRX may delegate any of its obligations hereunder, however, any such delegation shall not relieve TRX of its
obligation to satisfy any of its obligations pursuant to this Agreement. 

  

	 	1.2	 Construction. Unless the context indicates otherwise: (a) the definition of any document includes all schedules, attachments, and exhibits to that
document, and all renewals, extensions, supplements, amendments, and restatements of that document, and any document given in substitution for, or replacement of, that document with the agreement of the parties to that document; (b) all terms
defined in this Agreement, whether or not in this Section, have the defined meanings provided in this Agreement when used in this Agreement, any exhibit, or any certificate, instrument or other document made or delivered pursuant to this Agreement
or any exhibit unless otherwise defined in the applicable exhibit, certificate, instrument or other document; (c) the term “including” is used by way of example only and not by way of limitation; (d) periods of time referred to in this
Agreement will be counted based on the Eastern Time Zone in United States as then in effect at TRX; (e) periods of days referred to in this Agreement will be counted in calendar days (unless Business Days are expressly prescribed); (f) the captions
or headings contained in this Agreement are for reference purposes only and do not affect or relate to the interpretation of this Agreement; (g) all exhibits, schedules and annexes to this Agreement are made and form an integral part of 

  

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this Agreement for all purposes; and (h) the term party refers to either Siemens or TRX or, as applicable, an Affiliate and the term parties refers to either
TRX and Siemens, an Affiliate and Siemens or all of them collectively. 

  

	2.	Relationship of the Parties; Services 

  

	 	2.1	Services. The parties agree to work cooperatively to support TRX’s efforts to attract and retain Customers and, thereby, enhance the parties’ relationship through
the addition of TRX’s service offerings to such Customers. Siemens shall provide travel transaction processing services and other services, on behalf of TRX, to Customers, all specifically identified in Exhibit “A”. In
addition, Exhibit “A” sets forth the timing and Live Date of when each component of the Services will begin to be provided by Siemens. TRX shall be entitled to purchase and/or authorize its Affiliate to purchase Services from
Siemens and Siemens agrees to provide Services to TRX and its Affiliates, in accordance with the terms and conditions of this Agreement. 

  

	 	2.2	Outsourced Environment. Siemens will provide all furniture, fixtures and equipment, including obtaining, installing and maintaining the software, hardware and
telecommunications equipment and corresponding services at the SCs which it uses to perform the Services. TRX will be permitted to display signage inside of and at the entrances to the SCs (and any directories in corresponding building lobbies)
identifying itself and its business operations being served there. 

  

	 	2.3	Language. Unless otherwise agreed, all support will be provided by Siemens in English and in accordance with the SLAs. 

  

	 	2.4	Consideration. In consideration of the provision of the Services by Siemens, TRX shall pay to Siemens the fees for the Services in accordance with Sections 7 (Fees for
Services) and 8 (Billings and Payment). TRX shall have no obligation to accept or pay for any Services, which are not provided as required or described this Agreement. 

  

	3.	SLAs 

  
 The Services shall be provided in accordance with the specifications and SLAs set forth in Exhibit “B”. The performance criteria outlined in this Agreement will be the basis for measuring Siemens
quality and performance required hereunder. 
  

	4.	TRX Responsibilities 

  

	 	4.1	 Representative. TRX and Siemens shall each assign and identify in writing to the other party an Authorized Representative. The Authorized Representative will
be the primary contact and single point of authorization for each party. TRX Authorized Representative shall direct TRX requirements, project reviews and determine the acceptability of the Services and/or Deliverables that Siemens 

  

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furnishes. Siemens will direct all communications to such Authorized Representative. The Siemens Authorized Representative shall be based in the United
States and shall communicate all TRX directives to relevant executives within Siemens, assist TRX in the resolution of all commercial and operational issues related to this Agreement as required by TRX, and engage in negotiations for all commercial
matters. Either TRX or Siemens may change their Authorized Representative and will notify the other party of such change. 

  

	 	4.2	TRX Content. TRX shall provide all TRX Content necessary to facilitate Siemens’ performance of the Services so that Siemens can timely incorporate such content into the
Services as appropriate. TRX will respond promptly and accurately to all reasonable requests for TRX Content made by Siemens and will provide relevant updates, if and when any of these become available, for TRX Content previously provided.

  

	 	4.3	License to TRX Content. During the term of this Agreement, and subject to all the limitations and conditions of this Agreement, TRX shall grant to Siemens a royalty-free,
non-exclusive, non-transferable license to use, reproduce, distribute, display and transmit TRX Content in electronic or paper format, solely for the purposes of providing the Services and subject to all conditions and limitations imposed upon such
license or use by any law, regulation or other rules of any governmental, regulatory, judicial or other authority. Siemens may, with TRX’s express written consent, amend TRX Content provided that any resulting content shall be considered TRX
Content and owned by TRX. Siemens shall reproduce and shall not alter, destroy or remove any copyright, trade secret, patent, trademark or other proprietary or legal markings or notices placed upon or contained within TRX Content or any supporting
media. Upon any termination of this Agreement, all licenses granted to Siemens hereunder shall immediately terminate and Siemens shall return all documents and materials, in any form, containing any TRX Content, or at the request of TRX, destroy and
certify destruction of same as reasonably required by TRX. The foregoing license of TRX Content is subject to the following restrictions: 

  

	 	(a)	Siemens will not allow TRX Content, or any of the various components or modifications thereof, to be disclosed to third parties, sold, assigned, leased or commercially exploited or
marketed in any way, with or without charge, except as necessary to facilitate Siemens’ performance of the Services, and as expressly consented to in writing by TRX. Except to the extent required for normal operation of TRX Content, Siemens
will not permit TRX Content to be copied or reproduced, in whole or in part. 

  

	 	(b)	TRX Content is valuable property of TRX and any violation in any material respect of any provision of the license agreement for the use of TRX Content would cause TRX irreparable
injury for which it would have no adequate remedy at law, and TRX will be entitled to seek preliminary and other injunctive relief against any such violation. Such injunctive relief will be in addition to, and in no way in limitation of, any and all
other remedies or rights that TRX will have at law or in equity. 

  

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	5.	Ongoing Operational Services 

  

	 	5.1	Ongoing Operational and Technical Support. The hours of operation for the Service Centers (SCs) will be set forth in Exhibit “A”. SCs will be accessible 24
hours a day, 7 days a week, 365 days per year and Siemens shall make available the required dedicated and knowledgeable staff to respond to requests for technical and operational support and information (in person, via pager or via cell phone) 24
hours a day, 7 days a week and 365 days per year. TRX will provide Siemens with access to TRX technical support staff as necessary to facilitate Siemens’ operation of the SCs in accordance with applicable SLAs. 

 

	 	5.2	Service Level Agreement(s). Siemens will be responsible for reporting, on a regular basis, as reasonably requested by TRX, on Siemens’ performance as it relates to the
individual SLA requirements for the preceding month. Such reporting shall be in writing and in such form as reasonably requested by TRX. 

  

	 	5.3	Service Improvements. Existing deficiencies or potential improvement opportunities in service levels, whether identified by TRX or Siemens, shall be communicated in writing
to the other party(ies) promptly upon discovery. Where improvements or deficiencies are identified, corrective measures shall be identified and implemented by Siemens to ensure continuous improvement of Services. TRX and Siemens shall jointly agree
to a timeframe for such deficiencies to be corrected or improvements to be made. Costs associated with correcting deficiencies shall be borne by Siemens; costs associated with implementing improvement opportunities shall be allocated between Siemens
and TRX as mutually agreed. Without limiting any rights otherwise available to a TRX, recurring service level deficiencies shall be addressed by TRX and Siemens executives, including each party’s Authorized Representative. The foregoing
provision shall be in addition to, and not limitation of, the provisions herein related to SLAs and the consequences of Siemens’ breach thereof. 

  

	 	5.4	Data Maintenance. Siemens shall collect and update all information and data obtained and compiled in the provision of Services and report the same to TRX for such periods and
in such formats as reasonably requested by TRX. Siemens shall keep all such data and information in paper format and, to the extent such storage of data does not result in incremental costs to Siemens’ existing infrastructure as defined in
Exhibit “C”, electronic format, for a period as determined by TRX. TRX shall, at all times, have access to such data and be able to make copies of such data upon request. Siemens will not charge TRX for such data maintenance services in
excess of the fees set forth in Section 7. 

  

	 	5.5	 Standard Enhancements. Siemens may, from time to time, improve the performance of the technology platform it uses in providing Services (the
“Standard Enhancements”). Siemens will notify TRX, in writing, of such improvements and the cost and Service impact of the same. TRX shall not incur or be liable for any costs associated with Standard Enhancements, unless specifically
requested and agreed to in writing, and in such case, only if accepted by TRX, acting reasonably. TRX will use reasonable efforts to respond in writing, indicating or denying consent within 30 days of receiving notice from Siemens of its intent to
implement a Standard Enhancement. In situations where consent is denied, both parties shall work together to make such Standard 

  

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Enhancements acceptable to TRX. TRX’s written consent is required for any enhancements that impact the Service, including the manner in which Customers
interface with TRX or Siemens. Siemens will give TRX at least ninety (90) days advance notice of the scheduled implementation of any Standard Enhancement(s) that may impact the manner in which Customers interface with TRX or Siemens. No Standard
Enhancement may lower the obligations of Siemens or reduce the quality of any Service provided. 

  

	 	5.6	Business Continuance and Disaster Recovery Plan. Siemens hereby agrees to implement and maintain the Business Continuance and Disaster Recovery Plan as mutually agreed with
TRX, as set forth in Exhibit “C” (the “BCP”). The BCP shall cover plans to provide redundancy for technology and business processes. In addition, Siemens will update from time to time the BCP to include requirements
substantially similar to those included in any agreements between TRX and the Customer who is supported by the Services and of which Siemens has been given notice. Any increased costs incurred by Siemens arising directly from implementing such
Customer-related updates shall be promptly illustrated for TRX upon its request and if agreed to by TRX will be added to the fees set forth in Section 7. If TRX does not agree to such fees Siemens will not be required to provide such updated
Services to the BCP. 

  

	 	5.7	Technology Optimization. To ensure that state of the art technology is used in the performance of the Services, upon TRX’s written request, but not more than once in any
twelve (12) month period, Siemens will, at no additional charge to TRX, review with TRX the technology used by Siemens in performing the Services, and technology available in the market. If execution of this review requires a study and investigation
through an external agency, or inputs from external experts, and prior expressed written approval is received from TRX, these related external costs will be chargeable to TRX. If at any time new technology is available in the market that renders
Siemens products and services obsolete or provides a substantially better way of conducting TRX’s business, Siemens shall make commercially-reasonable efforts to implement such technology, provided that TRX agrees to reimburse Siemens for the
net book value of the abandoned equipment. Nothing in this Section shall authorize any change in this Agreement without the execution of a mutually agreeable amendment. Fee reductions resulting from technology optimization will be mutually agreed.

  

	 	5.8	Reporting Requirements. Siemens shall maintain complete and accurate books, records, information and documentation of Siemens’ performance under the Agreement, to
substantiate Siemens’ charges under any invoice. Siemens shall retain such records for a period of three (3) years from the date of completion of all Services under the Agreement. 

  

	 	5.8.1 	In addition, for so long as this Agreement is in effect, Siemens shall furnish to TRX: 

  

	 	5.8.1.1 	 To the extent Siemens is aware of the same, prompt notice of the commencement of any proceeding or investigation by or before any Governmental Authority and any
action or proceeding in any court or other tribunal or before any 

  

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arbitrator against or in any other way relating adversely to, or adversely affecting, Siemens, its Affiliates or any of their respective properties, assets
or businesses which, if determined or resolved adversely to Siemens, could reasonably be expected to have a materially adverse effect on (1) the business, assets, liabilities, financial condition, results of operations or business prospects of
Siemens and its Affiliates taken as a whole, (2) the ability of Siemens to perform its obligations under the Agreement, (3) the validity or enforceability of the Agreement, or (4) the rights and remedies of TRX under the Agreement (a
“Material Adverse Effect”). 

  

	 	5.8.1.2 	Prompt notice of any change in the senior management of the operating unit of Siemens responsible for providing the Services. 

  

	 	5.8.1.3 	Prompt notice of any action taken by a Governmental Authority adversely impacting Siemens’ right or ability to provide the Services or use any of the SCs.

  

	 	5.8.1.4 	From time to time and promptly upon each request, such data, certificates, reports, statements, documents, or further information regarding the business, assets, liabilities,
financial condition, results of operations, or business prospects of Siemens, in each case to the extent such information relates to the Services provided to TRX, as TRX may reasonably request. 

  

	 	5.8.2 	For so long as this Agreement is in effect, TRX shall furnish to Siemens: 

  

	 	5.8.2.1 	To the extent TRX is aware of the same, prompt notice of the commencement of any proceeding or investigation by or before any Governmental Authority and any action or proceeding in
any court or other tribunal or before any arbitrator against or in any other way relating adversely to, or adversely affecting, TRX, its Affiliates or any of their respective properties, assets or businesses which, if determined or resolved
adversely to TRX, could reasonably be expected to have a materially adverse effect on (1) the business, assets, liabilities, financial condition, results of operations or business prospects of TRX and its Affiliates taken as a whole, (2) the ability
of TRX to perform its obligations under the Agreement, (3) the validity or enforceability of the Agreement, or (4) the rights and remedies of Siemens under the Agreement. 

  

	 	5.8.2.2 	Prompt notice of any change in the senior management of TRX. 

  

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	 	5.8.2.3 	Prompt notice of any action taken by a Governmental Authority adversely impacting TRX’s right or ability to receive the Services. 

  

	 	5.8.2.4 	From time to time and promptly upon each request, such data, certificates, reports, statements, documents or further information regarding the business, assets, liabilities,
financial condition, results of operations or business prospects of TRX or of its Affiliates, in each case to the extent such information relates to the Services provided to TRX, as Siemens may reasonably request. 

  

	 	5.9	Subcontracting. Siemens shall be entitled to subcontract the performance of certain of its obligations hereunder to an Approved Siemens Subcontractor so long as such
subcontractor, for the services described in Exhibit A (“Core Services”), has been specifically approved in writing by TRX. So long as Siemens’ utilization of an Approved Siemens Subcontractor does not affect the fees or costs charged
to TRX under this Agreement, the specific terms and conditions of Siemens’ agreements with such Subcontractors shall not require TRX’s approval, provided that no such subcontract will result in Siemens providing less than a majority of the
Services directly, relieve Siemens of any obligations hereunder or allow the standards of any subcontractor to be any lower than those required of Siemens. In addition, TRX may, as a condition to providing its consent, impose such conditions as it
considers reasonably necessary for the performance of Services and protecting of its rights hereunder while some of the Core Services are subcontracted. TRX may revoke its consent to Siemens to subcontract certain Core Services or use a certain
subcontractor. 

  

	6.	Term 

  

	 	6.1	Term. This Agreement will commence on the Effective Date and will continue for three (3) years (the “Term”) subject to (i) TRX’s right to terminate this
Agreement according to Section 16.1, (ii) either party’s right to terminate this Agreement in accordance with the provisions of Section 16.2, and (iii) Payment of applicable Termination fees as set forth in Exhibit G.

  

	 	6.2	Renewal. Upon giving written notice six (6) months prior to the expiration of the Term (or any renewal period of the Term) the parties to the agreement may extend this
Agreement upon mutual agreement among the parties, for an additional three (3) year period. For the extension of this Agreement TRX and Siemens shall review the price and the related services, but all of the terms and conditions hereunder will
remain in effect unless amendments hereto are otherwise mutually agreed to by the parties pursuant to Section 10.2. 

  

	7.	Fees for Services 

  

	 	7.1	 Payment for Services. TRX will pay Siemens the amounts calculated and based upon the rates set forth in Exhibit “D”.
    *     

  

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 * CONFIDENTIAL TREATMENT REQUESTED 

	 	 
    *    . Undisputed amounts past due will incur an interest charge of
    *    . All amounts hereunder shall be in U.S. Dollars. Any applicable tax, duty, tariff or similar charge assessed by Governmental Authorities with respect to amounts paid by TRX to Siemens in respect of
the provisions of the Services hereunder shall be separately detailed on invoices to TRX, shall be borne     *     and shall be in addition to     *    , except that any
tax or charge based on the net or gross income or excess profits, receipts, capital, franchise, net worth or business privilege of Siemens, as well as any payroll or other tax or charge related to Siemens’ employees or contractors, shall be
borne     *    . 

  

	 	7.2	Labor Rates. Exhibit “D” describes scheduled increases in the price associated with the Services. Except as set forth therein, in no event shall any
increases to costs experienced by Siemens cause an increase to any costs to TRX. 

  

	 	7.3	Productivity Gains. Siemens and TRX shall establish and periodically review every six (6) months the productivity goals set for the delivery of the Services. Either party may
submit a business case to the other that suggests a method by which such productivity metrics can be improved, including in such business case the specific changes in process required, and the one-time costs of implementing the same. Both parties
shall jointly agree on the deployment of the recommended productivity enhancements and the attribution of such one-time costs based on commercial reasonableness. 

  

	 	7.4	Expenses. In addition to the fees and costs described in Exhibit “D”, TRX will reimburse Siemens for all reasonable pre-approved out-of-pocket and documented
travel costs and expenses (including transportation and lodging expenses reasonably convenient to TRX’s location) incurred by Siemens personnel in the performance of the Services performed at TRX’s location or at any other location
(excluding SCs) requested by TRX in writing. 

  

	 	7.5	Training. With respect to the training provided by Siemens during the initial ramp up of a new process or for the addition of new resources to an existing process or for any
additional re-training or supplemental training as requested by TRX, TRX shall compensate Siemens for the cost of TRX specific and other training. Notwithstanding anything to the contrary, Siemens shall provide training relative to (i) all Initial
Pre-Process Training (ii) Ongoing Training as a result of attrition or underperformance of its employees of staff and (iii) Ongoing training for accent and Culture, relative to meeting SLA standards of which Siemens has been out of compliance, free
of charge to TRX. 

  

	8.	Billings and Payments 

  

	 	8.1	Invoicing. Siemens will issue written invoices, monthly in arrears, to TRX for Services rendered, which will include a detailed itemization for the Services and the fees
therefore. Billing will start for all employees upon their joining the floor immediately after completion of their initial pre-process training, which is expected to require 3 to 4 weeks. Siemens will issue a summary of the individual invoices to
the address referenced in Section 8.3. 

  

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 * CONFIDENTIAL TREATMENT REQUESTED 

	 	8.2	Invoice Form. The invoices delivered pursuant to this Agreement shall also be submitted in a manner and form sufficient to enable the recipient of the Services to claim in
respect of any taxes applicable to the relevant payment application. Without limiting the generality of the foregoing, each invoice shall include the date of the invoice and the total amount payable, and shall conform to the invoice template
displayed in Exhibit H. 

  

	 	8.3	Address. The invoices relating to the Services shall be addressed to TRX and sent to Chief Financial Officer. The summary billing, as referenced in Section 8.1, shall be sent
to the following address: 

  
 TRX,
Inc. 
 6 West Druid Hills Drive 
 Atlanta, GA 30329 
 Attn: Executive Vice President, Global Solutions and Information

 Technology 
  

	 	8.4	Payment. Invoices issued in accordance with this Clause 8 shall be payable in U.S. Dollars and by bank or wire transfer to such account designated by Siemens, as Siemens may
notify TRX in writing from time to time. 

  

	9.	Exclusivity; Rights of First Offer 

  
 Exclusive Segment. With respect to all travel management companies (on-line or off-line) global travel distribution systems providers, travel
wholesalers, tour operators, lodging providers and consolidators and airlines who are not currently customers of Siemens (collectively, the “Exclusive Segment”), during the term of the Agreement, Siemens agrees to provide travel
transaction processing services (including telephonic reservation support and customer service support) (‘Travel Services”) to such entities only through TRX and pursuant to the terms of this Agreement. All current customers of
Siemens as of the date of this Agreement (“Current Siemens Customers”) are set forth on Exhibit “E” attached hereto. Notwithstanding the foregoing, Siemens shall be entitled to provide finance and human resources
support functions to third party entities. This Section shall be binding only to Siemens and not its Affiliates. 
  

	10.	Agreement and Notices 

  

	 	10.1	Entire Agreement. This Agreement together with the Exhibits to this Agreement constitutes the entire understanding between the parties and supersedes all previous agreements,
undertakings, negotiations and discussions, whether oral or written, between the parties covering the subject matters of this Agreement. 

  

	 	10.2	 Modification. This Agreement can only be modified by a written agreement duly signed by persons authorized to sign agreements on behalf of TRX and of
Siemens. No variation of any nature to this Agreement shall be binding unless expressly contained in writing and executed by the Authorized Representatives of TRX and Siemens, and variance from the terms and conditions of this Agreement in any
written notification given by either party not in accordance hereof will 

  

 11 

	 	 
have no force or effect. Without limiting the generality of this Section 10.2, while Siemens may discuss any proposed changes or modifications to the scope
of the Services with TRX, neither TRX nor any Affiliate shall be liable for the cost of any such change or modification until it has been incorporated into the Agreement in accordance with this Section 10.2. 

  

	 	10.3	Waiver. No delay or failure by any party to exercise any of its powers, rights or remedies under this Agreement shall operate as a waiver of them, nor shall any single or
partial exercise of any such powers, rights or remedies preclude any other or further exercise of them. The remedies provided in this Agreement are cumulative and are not exclusive of any remedies provided by law. 

  

	 	10.4	Severability. If any Section, paragraph or term of this Agreement is determined to be void or unenforceable in whole or in part, the Section, paragraph or term shall be
deemed to be severed from this Agreement and shall not cause the invalidity or unenforceability of any other Section, paragraph or term of this Agreement. 

  

	 	10.5	Notices. Any notice that either party is entitled to give shall be deemed to have been duly given to the other party if in writing and delivered personally at the address of
the other party or if mailed by postage prepaid registered mail, courier or telefax and sent to the said address. Either party from time to time may change said address to which notice is to be given or mailed. A notice by fax, overnight courier or
delivered in person shall be deemed to have been given on the next business day following its transmission. A notice by mail shall be deemed to have been received by the other party on the first business day following its receipt. The address for
notices shall be as follows: 

  
 If
to TRX: 
  
 TRX, Inc. 
 6 West Druid Hills Drive 
 Atlanta, GA 30329

 Attention: Timothy Severt 
 Executive Vice President Administration & Secretary 
 Phone: 404.929.6118 Fax: 404.912.7431 
  
 If to Siemens: 
 Siemens Shared Services, LLC 
 c/o Siemens
Corporation 
 153 East 53rd Street, 56th Floor 
 New York, NY 10022 
 Attention: Legal
Department 
 Phone: 212.848.4000 Fax: 212.767.0581 
  

	11.	Ownership and Intellectual Property Rights 

  

	 	11.1	 TRX Data. TRX will own exclusively all TRX Data and, as between Siemens and TRX, all data of TRX’s customers, including without limitation personal
data, prospect information, sales information, Customers’ travel reservation and 

  

 12 

	 	 
itinerary information and customers lists and updates (the “Personal Data”) and all other information collected pursuant to this Agreement,
including the performance of Services. Siemens will collect and keep such Personal Data confidential and will use such Personal Data only as necessary to perform the Services and in accordance with the confidentiality provisions of this Agreement,
the applicable laws of Governmental Authorities relating to the protection of personal information, and in accordance with TRX’s privacy policy set forth on Exhibit “F” (the “Privacy Policy”). For the purposes
hereof, the term Customer shall include any past, present or future, actual or prospective customer of TRX, including any person or entity that Siemens may interact with or obtain information on, pursuant to this Agreement including the performance
of Services hereunder. TRX shall provide Siemens, and Siemens shall adhere to TRX’s Privacy Policy, as it may be amended or restated from time to time. 

  

	 	11.1.1 	Siemens’ use of the Personal Data is on behalf of TRX. Any use or disclosure of the Personal Data by Siemens is for all intents and purposes a use or disclosure by TRX.

  

	 	11.1.2 	Siemens warrants that, with the help of TRX, it will put in place a compliance program and policy (which shall not result in any incremental cost to Siemens) to ensure Siemens’
compliance with the obligations requested by TRX. Siemens further warrants that said program and policy will be fully communicated to its employees providing the Services. 

  

	 	11.1.3 	Prior to any disclosure of Personal Data by Siemens to a third party TRX must consent to such disclosure in writing, for the purpose of the protection of Personal Data. TRX shall be
entitled to withhold consent to the disclosure of Personal Data by Siemens to a third party as long as a confidentiality agreement satisfactory to TRX has not been signed between TRX and the third party. 

  

	 	11.1.4 	Siemens agrees that any and all Personal Data provided to Siemens by TRX, or by TRX for its customers, during the Term shall at all times remain the sole property of TRX and/or its
Customers. Unless TRX requests otherwise, Personal Data shall be returned, erased or destroyed by Siemens, together with any copies thereof within thirty (30) days of (i) completion of the Services; or (ii) the day that the Personal Data is no
longer useful for the performance of the Services, such day to be defined by TRX, whichever is earlier. In the case of destruction of the Personal Data, Siemens shall confirm such destruction to TRX within five (5) days thereof.

  

	 	11.1.5 	Siemens, on forty-eight (48) hours written notice, agrees to allow TRX or its duly authorised agents reasonable access to those of its premises where TRX’s Personal Data and
other information are stored as necessary for the purposes of TRX review to ensure Siemens’ compliance with the requirements of this Section. 

  

	 	11.2	 Analyzed Data. Notwithstanding anything in this Agreement, as between TRX and Siemens, TRX will own the results of all analyses using data and use 

  

 13 

	 	 
information obtained or created pursuant to this Agreement or any Services, whether or not collected or aggregated by Siemens (“Analyzed Data”).
Siemens may use such Analyzed Data solely for the purpose of providing Services to TRX and shall keep such Analyzed Data confidential pursuant to, and will use such Analyzed Data in accordance with, the confidentiality and privacy provisions of
this Agreement. 

  

	 	11.3	Limited Use of Marks. Each party warrants and represents that it has full right, title and interest in and to all trade names, trademarks, service marks, symbols, proprietary
marks which it provides to the other party (“Marks”) for use related to the Services and/or Deliverables, and that any Marks provided by a party will not infringe the marks of any third party. During the term of this Agreement, the
providing party grants to the other party the non-exclusive, non-transferable and royalty-free license to utilize the Marks solely in connection with its obligations hereunder. In this regard, each party will use the other party’s Marks only as
specifically authorized and directed. The parties will display, wherever they use any of the Marks owned by the other party, a notice to the effect that such Marks are used under license from such other party, or any notice as the owner the Marks
may determine to be appropriate from time to time. All use of Marks shall ensure to the benefit of their respective owners. 

  

	 	11.4	Intellectual Property Rights. Each party will retain all rights in any software, ideas, concepts, know-how, processes, development tools, training materials, techniques or
any other proprietary material or information that it owned or developed prior to the date of this Agreement, or acquired or developed after the date of this Agreement. Notwithstanding the foregoing, but subject to any third party rights or
restrictions, TRX will own the Deliverables and all related Intellectual Property and Siemens hereby assigns all Intellectual Property Rights and will obtain all waivers of moral rights in relation to the Deliverables. To the extent such rights may
not be assigned to TRX, Siemens grants to TRX, perpetual, royalty-free non-exclusive license to use and reproduce such portions of the Deliverables. Notwithstanding anything to the contrary in this Agreement, Siemens will retain all right, title and
interest in and to all software, development tools, know-how, methodologies, processes, technologies or algorithms used in performing the Services and/or producing the Deliverables which are based on trade secrets or proprietary information of
Siemens or are otherwise owned by or licensed to Siemens and which are not developed for TRX in the provision of Services. 

  

	12.	Confidential Information, Non-Solicitation and Non-Competition 

  

	 	12.1	 Confidential Information. Each party hereby agrees to disclose to the other party such Confidential Information as the Disclosing Party considers necessary
pursuant to this Agreement. “Confidential Information” includes all information, in any form, furnished or made available directly or indirectly by Disclosing Party to Receiving Party that is (i) marked confidential, restricted,
proprietary, or with a similar designation, or (ii) disclosed orally and identified as confidential at the time of disclosure or (iii) by its nature or the circumstances surrounding disclosure ought to be treated as Confidential Information.
Confidential Information shall include all patents and patent applications, trade 

  

 14 

	 	 
secrets, copyrighted information, price lists, business plans, data, materials, products, technology, computer programs, specifications, manuals, ideas,
techniques, processes, know-how, inventions, models, drawings, algorithms, source code documents and other information disclosed or submitted in writing, orally or by any other tangible media. Any such materials, documents and information that were
delivered to the other party prior to the date of this Agreement are Confidential Information. As used herein, the term “Disclosing Party” means the party disclosing Confidential Information to the other party or on whose behalf
Confidential Information is disclosed, and the term “Receiving Party” means the party receiving the Disclosing Party’s Confidential Information. 

  

	 	12.1.1	Non-disclosure. During the Term and thereafter, each party agrees that it will (a) use such Confidential Information only as is necessary to perform its obligations under
this Agreement and (b) hold such Confidential Information in strict confidence from the date of its receipt using at least the same degree of care which such party employs for its own similar confidential information (but not less than reasonable
care), and (c) not disclose such Confidential Information to any person except its directors, officers, employees and other representatives who have a need to know the Confidential Information for the purposes of this Agreement, provided the party
obtains from such directors, officers, employees and other representatives, in advance of any disclosure, their agreement to keep same confidential on the terms and conditions that apply to the party pursuant to this Agreement. Notwithstanding the
foregoing, Confidential Information consisting of sales and marketing research, accounting and financial information, and business practices and policies will only be subject to the restrictions of this Section 12.1.1 during the Term and for a
period of two (2) year thereafter. 

  

	 	12.1.2	Confidential Information shall not include the following (the “Non-Confidential Information”):

  

	 	(i)	any information that is in the public domain at the date of disclosure by Disclosmg Party to the Receiving Party or which, after such disclosure, enters the public domain through no
breach of any obligation owed Disclosing Party (but only after it enters the public domain); 

  

	 	(ii)	any information that the Receiving Party can prove is already known to Receiving Party at the time of Disclosmg Party’s initial disclosure of such information to Receiving
Party; 

  

	 	(iii)	any information that the Receiving Party can prove became known to Receiving Party from a source other than Disclosing Party other than by the breach of any obligation of
confidentiality owed to Disclosing Party; or 

  

	 	(iv)	any information that the Receiving Party can prove is independently developed by Receiving Party. 

  

 15 

 However, where any combination of information disclosed contains both Confidential Information and
Non-Confidential Information, such combination shall be deemed to be Confidential Information. 
  

	 	12.1.3 	The Receiving Party shall be entitled to disclose Confidential Information if required by a court of competent jurisdiction or regulatory body provided that (i) the Receiving Party
shall take such steps as are necessary to maintain the confidentiality by such court or regulatory body and (ii) the Receiving Party shall provide the Disclosing Party with immediate written notice of any request or anticipated request for
disclosure so as to permit the Disclosing Party to seek a protective order or other appropriate remedy. Notwithstanding anything to the contrary, TRX shall be entitled to make such disclosures as required under applicable securities legislation or
as TRX deems appropriate for the purpose of complying with applicable securities legislation. 

  

	 	12.1.4 	Receiving Party shall notify Disclosing Party immediately upon discovery of any unauthorized (whether existing, anticipated or threatened) use or disclosure of Confidential
Information, or any other breach (whether existing, anticipated or threatened) of this Agreement by Receiving Party, and will cooperate with Disclosing Party in every reasonable way to help Disclosing Party maintain or regain possession of such
Confidential Information and prevent its unauthorized use or further unauthorized use. 

  

	 	12.1.5 	Receiving Party shall return all originals, copies, reproductions and summaries of Confidential Information upon the earlier of the expiration or termination of this Agreement or
Disclosing Party’s request, or at Receiving Party’s option, destroy and certify destruction of the same. 

  

	 	12.1.6 	Receiving Party acknowledges that the Disclosing Party will suffer irreparable harm as a result of breach of any of the non-disclosure and confidentiality clauses contained in this
Agreement and that legal remedies are inadequate; therefore the Receiving Party agrees that, in addition to any damages and other remedies that the Disclosing Party may be entitled to as a result of such a breach, in the event of any such breach the
Disclosing Party shall be entitled to an order from a court of competent jurisdiction restraining the Receiving Party from breaching or continuing to breach any of those provisions and otherwise requiring specific performance of the foregoing
provisions. 

  

	 	12.1.7 	Subject to the provisions of Section 11.4, all Confidential Information is and shall remain the property of the Disclosing Party. By disclosing information to Receiving Party,
Disclosing Party does not grant any express or implied right to Receiving Party to or under Disclosing Party’s property including without limitation, Disclosing Party’s patents, copyrights, trademarks, industrial designs or trade secrets.

  

	 	12.1.8 	The terms of confidentiality under this Agreement shall not be construed to limit either party’s right to independently develop or acquire products without use of the other
party’s Confidential Information. 

  

 16 

	 	12.2	Protection of TRX’s Confidential Information. 

  

	 	12.2.1	Siemens shall ensure the security and confidentiality of TRX Data and have documented procedure showing such compliance. 

  

	 	12.2.2	Siemens shall ensure that TRX Data is not in any way linked or related to any other data that is processed in or by Siemens. 

  

	 	12.2.3	Siemens shall use and/or hold TRX Data for only the purposes and in the manner directed by TRX and shall not otherwise modify, amend or alter the contents of or disclose such TRX
Data to any third party unless specifically authorized by TRX and shall take all such steps as may be necessary to safeguard such TRX Data. 

  

	 	12.2.4	Siemens shall ensure that only those personnel employed specifically for the performance of the Services, as well as other administrative personnel supporting the performance of the
Services, are allowed access to TRX Data systems and in accordance with any requirements and mutually agreed procedures. 

  

	 	12.2.5	Siemens shall ensure that: 

  

	 	12.2.5.1  	All access to TRX systems through Siemens desktops or other means accessible by Siemens, its employees or agents is controlled by means of secure passwords assigned to each
individual or named person allowed access to TRX systems and by any other security devices as requested by TRX; 

  

	 	12.2.5.2  	Passwords or associated security devices associated with each individual are not divulged to any other person; 

  

	 	12.2.5.3  	Passwords are changed at a maximum interval of 90 days and the mutually agreed password repeat policy is followed by the relevant user at any time; 

  

	 	12.2.5.4  	In the event that any person who has been allowed access to TRX systems is no longer employed by Siemens for the performance of Services, or no longer authorized to have such access
to TRX systems, such access and/or relevant passwords shall be removed immediately and TRX shall be notified immediately; 

  

	 	12.2.5.5  	Siemens allows and cooperates with semi-annual security audits as requested by TRX; and 

  

	 	12.2.5.6  	In the event that any breach or suspected breach of the data security provisions of this clause is discovered by either Siemens or TRX, mutually agreed action will be initiated
immediately and such breach will be reported to the other party immediately. 

  

 17 

	 	12.2.6 	TRX represents that TRX is responsible for the integrity and security of access to TRX systems through TRX desktops or other means accessible by TRX, its employees or agents

  

	 	12.3	Non-Solicitation. During the term of this Agreement and for a period of one (1) year after the date of termination of this Agreement, except as otherwise expressly provided
for herein or mutually agreed to by the parties in writing, neither party will, directly or indirectly, solicit any of the other party’s employees who have been employed pursuant to this Agreement and have had contact with one another as a
result thereof. 

  

	 	12.4	Non-Competition. Siemens acknowledges that it will gain extensive and valuable experience and knowledge in TRX’s business and with respect to its Customers pursuant to
Siemens’ activities under the Agreement and may have extensive contacts with Customers as a result of its performance of the Services. Accordingly, during the term of the Agreement and for a period of two (2) year following either the
expiration of the Agreement or the termination of the Agreement by TRX pursuant to Section 16, Siemens shall be prohibited from performing the Travel Services offered by TRX as of the date of this Agreement to third parties, directly or indirectly
(including through the ownership of any interest in, or receipt of any benefit in connection with, another entity performing such services), independently or jointly with others, for or on behalf of any entity included within the Exclusive Segment
(other than for Current Siemens Customers). In addition, during the term of the Agreement or the termination of the Agreement pursuant to Section 16, TRX shall be prohibited from performing such Travel Services, directly or indirectly (including
through the ownership of any interest in, or receipt of any benefit in connection with, another entity performing such services), independently or jointly with others, for or on behalf of any entity set forth on Exhibit “E” attached
hereto. This Section 12.4 shall be binding upon TRX and its Affiliates, and upon Siemens; this Section 12.4 shall not be binding upon Affiliates of Siemens. Notwithstanding the foregoing, neither Siemens nor TRX shall be prohibited from performing
Travel Services for WorldTravel Partners I, LLC or its Affiliates. 

  

	13.	Representations and Warranties 

  

	 	13.1	Representations and Warranties of TRX and Siemens. TRX and Siemens each hereby represents and warrants to the other as follows: 

  

	 	13.1.1 	It is, as to Siemens, a limited liability company duly organized and validly existing under the laws of the State of Delaware, and as to TRX, a corporation duly organized and
validly existing under the laws of the State of Georgia; 

  

	 	13.1.2 	It has full power, authority and legal right to enter into, deliver and perform this Agreement; 

  

	 	13.1.3 	 The execution and delivery of this Agreement and the performance of its obligations under this Agreement (i) do not require the approval or consent of any person,
(ii) will not conflict with, or constitute a violation 

  

 18 

	 	 
of, (A) any of the terms or provisions of any material agreement to which it is a party or which purports to be binding on it or its property or (B) any
applicable law, rule or regulation or any order, judgment, or decree of any governmental authority; 

  

	 	13.1.4	This Agreement has and shall have been duly authorized, executed and delivered and constitutes and shall constitute the valid and legally binding obligation of such party,
enforceable in accordance with its respective terms under the applicable laws of such party’s principal place of business. 

  

	 	13.2	Representations and Warranties of Siemens. Siemens hereby represents and warrants to TRX as follows: 

  

	 	13.2.1	Standard of Care. Siemens will use all reasonable professional skill and care in the provision of the Services under this Agreement and will ensure that the personnel used to
provide such Services have the skill, experience, qualifications and knowledge necessary to carry out the tasks allocated to them. 

  

	 	13.2.2	Conformance of Deliverables. At the time of delivery, each Deliverable will conform to mutually agreed specifications and TRX’s requirements set forth therein, and
Siemens shall correct and remedy, at no cost to TRX, any defect, malfunction or non-conformity that prevents such Deliverable from conforming and performing as warranted, except to the extent caused by TRX. 

  

	 	13.2.3	Non-Infringement. Neither any ideas, methods, techniques, deliverables, works, materials, or information utilized by Siemens, nor the performance of any Services by Siemens,
will infringe upon or violate the rights of any third party and TRX will receive free and clear title to all Deliverables, works, materials, or information delivered, prepared and/or developed by Siemens in connection with the Agreement.

  

	 	13.2.4	Compliance with Laws. As applicable to the performance of the Services, Siemens shall comply with Applicable Laws, and shall obtain all licenses, permits, permissions and
consents, which may be required, of or by any Governmental Authority. Additionally, Siemens shall comply with all applicable labor, employment, workers rights and similar laws in connection with the Services. Should amendments to Applicable Laws
require changes in the manner in which Services or Deliverables are provided under this Agreement, such changes shall be deemed a service improvement requested by TRX as provided in Section 5.3. 

  

	 	13.2.5	 Anti-Bribery; Anti-Corruption. Siemens will comply with TRX’s program for ensuring compliance with the Foreign Corrupt Practices Act and other national,
international and provincial laws concerning the prevention of bribery and corruption, and Siemens will execute, when requested by TRX, a “certification” document to that effect. Siemens represents that neither it nor any of its directors,
officers, employees, or 

  

 19 

	 	 
agents is an official, agent, or employee of any government, governmental agency, or political party or a candidate for any political office as of the date
first above written. Siemens will promptly notify TRX of the occurrence of any event that would or may result in an exception to the foregoing. Siemens will not promise, or authorize payment, or pay any compensation, or give anything of value to,
any official, agent, or employee of any government or governmental agency, or to any political party or officer, employee, or agent thereof, or any candidate for political office, whether directly or indirectly, in the name of, on behalf of, or for
the benefit of TRX. Siemens will require its directors, officers, employees, and agents to comply with the foregoing requirements. Siemens will notify TRX immediately of any violation or suspected violation of the above requirements.

  

	 	13.3	Continuing Nature. The representations above will be treated as continuing, made by each party with the same effect as though the representations had been made again on, and
as of, each day that this Agreement is in force. 

  

	14.	Indemnification / Insurance 

  

	 	14.1	Indemnity. To the fullest extent permitted by law, Siemens shall release, indemnify, defend and hold harmless TRX, its Affiliates, and its and their directors, officers,
employees and agents (collectively, the “TRX Indemnified Parties” and individually, a “TRX Indemnified Party”) from and against any and all claims, damages, losses, fines, civil penalties, liabilities, judgments,
costs and expenses of any kind or nature whatsoever (including, but not limited to, interest, court costs and attorney’s fees), which in any way arise out of or result from any negligent act(s) or omission(s) by Siemens (or anyone directly or
indirectly employed by Siemens or anyone for whose acts Siemens may be liable) in the performance or nonperformance of Siemens’ obligations under this Agreement, including but not limited to injury to or death of any person (including
employees), damage to or destruction of any property, real or personal (including but not limited to property owned, leased or under the control of TRX), and liability or obligations under or with respect to any violation of Applicable Laws
(including but not limited to those concerning environmental protection), in each case except to the extent that the damage, loss or injury complained of arises out of the negligence or willful misconduct of a TRX Indemnified Party. This Section
shall not be construed to negate, abridge or otherwise reduce any other right to indemnity which would otherwise exist in favor of any TRX Indemnified Party, or any other obligation of Siemens, its officers, directors, employees, agents or
contractors to indemnify a TRX Indemnified Party. Siemens’ obligations under this Section shall not be limited in any way by any limitation on the amount or type of damages, compensation or benefits paid or payable by Siemens under
workers’ compensation acts, disability benefits acts or other employee benefit laws or regulations. 

  

 20 

	 	14.2	Siemens Insurance. Siemens agrees to keep in full force and effect and maintain at its sole cost and expense the following policies of insurance with the specified limits of
liability during the term of this Agreement: 

  

	 	14.2.1	Workers’ Compensation and Employer’s Liability Insurance: 

  

	 	14.2.1.1 	Statutory Worker’s Compensation, or any alternative plan of coverage as permitted or required by Applicable Law, including occupational disease in accordance with the law.

  

	 	14.2.1.2 	Employer’s Liability Insurance with limits of     *     per employee by accident/    *     per
employee by disease/    *     policy limit by disease (or, if higher, the policy limits required by Applicable Law). 

  

	 	14.2.2	Commercial General Liability Insurance (including coverage for Contractual Liability assumed by Siemens under this Agreement to the extent that such contract liabilities can be
insured under a standard Commercial General Liability policy without endorsement, Premises-Operations, Completed Operations—Products, Independent Contractors and explosion, collapse, and underground property damage hazards) providing coverage
for bodily injury, personal injury and property damage with combined single limits of     *     per occurrence and     *     in the aggregate per Siemens policy year.

  

	 	14.2.3	Commercial Business Automobile Liability Insurance including coverage for all owned, non-owned, leased, and hired vehicles providing coverage for bodily injury and property damage
liability with combined single limits of not less than     *     per occurrence and     *     in the aggregate per Siemens policy year, except as may otherwise be
required by Applicable Law. 

  

	 	14.2.4	Professional Liability (also known as Errors and Omissions Liability) Insurance covering acts, errors and omissions arising out of Siemens’ professional operations or Services
in an amount not less than     *     per occurrence and     *     in the aggregate per Siemens policy year. 

  

	 	14.2.5	Comprehensive Crime Insurance, including Employee Dishonesty and Computer Fraud Insurance covering losses arising out of or in connection with any fraudulent or dishonest acts
committed by Siemens employees, acting alone or with others, in an amount not less than     *     per occurrence and     *     in the aggregate per Siemens policy year.

  

	 	14.2.6	All-risk property insurance covering loss or damage to Siemens owned or leased Equipment and other assets in an amount not less than the full replacement cost of such equipment and
assets. 

  

	 	14.2.7	Excess liability insurance coverage in an amount of     *     per occurrence and in the aggregate per Siemens policy year in excess of the
insurance policies 14.2.1.2, 14.2.2 and 14.2.3. 

  

	 	14.3	 Approved Companies. All such insurance shall be procured with reputable insurance companies and in such form as is usual and customary to Siemens’
business. Such insurance companies shall maintain a rating at least “A” and be at 

  

 21 
  
 * CONFIDENTIAL TREATMENT REQUESTED 

	 	 
least a Financial Size Category VIII as both criteria are defined in the most current publication of Best’s Policyholder Guide.

  

	 	14.4	Endorsements. Siemens’ insurance policies as required herein under Sections 14.2.2 and 14.2.3 if needed shall name TRX, its Affiliates and their respective
officers, directors and employees as Additional Insureds for any and all liability arising at any time in connection with Siemens’ performance under this Agreement except to the extent that damage, loss or injury arises out of the negligence or
willful misconduct of a TRX Indemnified Party. Each policy shall provide that it will not be canceled or materially altered except after thirty (30) days advance written notice to TRX. Should any policy expire or be canceled during the Term and
Siemens fails to immediately procure replacement insurance as specified, TRX reserves the right (but not the obligation) to procure such insurance and to deduct the cost thereof from any sums due Supplier under this Agreement. All insurance required
under this Section 14.2 shall be primary insurance, but only when responding to Siemens’ obligations to a TRX Indemnified Party, and any other valid insurance existing for TRX’s benefit shall be excess of such primary
insurance. Siemens shall obtain such endorsements to its policy or policies of insurance as are necessary to cause the policy or policies to comply with the requirements stated herein. 

  

	 	14.5	Certificates. Siemens shall provide TRX with certificates of insurance evidencing compliance with this Section (including evidence of renewal of insurance) signed by
authorized representatives of the respective carriers for each year that this Agreement is in effect. Each certificate of insurance shall provide that the issuing company, shall not cancel, reduce, or otherwise materially alter the insurance
afforded under the above policies unless notice of such cancellation, reduction or material alteration has been provided at least thirty (30) days in advance to TRX. 

  

	 	14.6	No Implied Limitation. The obligation of Siemens to provide the insurance specified herein shall not limit in any way any obligation or liability of Siemens provided
elsewhere in this Agreement. 

  

	 	14.7	Insurance Subrogation. With respect to insurance coverage to be provided by Siemens pursuant to this Section, the insurance policies shall provide that the insurance
companies waive all rights of subrogation against Siemens, TRX and TRX’s Affiliates, officers, directors and employees. 

  

	15.	Limitation of Liability 

  

	 	15.1	It is expressly understood and agreed that neither party will be liable to the other, whether by way of indemnification or contribution or otherwise, for any indirect, incidental,
special or consequential damages, including without limitation, lost revenues, lost profits, loss of use or loss of bargain consequential damages or lost profits, except pursuant to such party’s indemnification obligations in respect of a third
party claim for such damages. 

  

 22 

	 	15.2	Neither party shall have liability in respect of any breach of this Agreement to the extent that the same is caused by any breach of this Agreement on the part of the other party.

  

	 	15.3	Except with respect to Section 14.1 or Section 12 of the Agreement, the liability of each party to the other under any provision of this Agreement shall be limited to an amount
equal to the amounts actually paid by TRX to Siemens pursuant to this Agreement. The existence of more than one claim shall not enlarge or extend the limit. TRX releases Siemens from all obligations, liability, claims or demands related to the
Services and Deliverables supplied by Siemens to TRX under this Agreement in excess of the limitation provided for in this Section. 

  

	16.	Termination 

  

	 	16.1	Termination for Convenience. Following the first anniversary of the date of this Agreement, TRX may terminate this Agreement for any reason upon giving 180 days notice,
without further obligation to Siemens, except TRX’s obligation to pay for Services performed prior to such termination and up to the expiry of the notice period, and TRX’s obligation to pay the corresponding termination fee set forth in
Exhibit “G”. 

  

	 	16.2	Termination for Cause. 

  

	 	16.2.1	Events of Default. Each of the following events shall be deemed to be an “Event of Default”; 

  

	 	(a)	Either Party fails to make any undisputed payment under this Agreement when due, and such failure continues for thirty (30) calendar days after the defaulting Party receives written
notice thereof; 

  

	 	(b)	Either Party fails to perform or observe any other material obligation for at least thirty (30) days after receipt of written notice of its breach thereof; 

 

	 	(c)	Any material representation or warranty of either Party, made pursuant to Section 11.3, Section 13, is incorrect in a material respect when made or when deemed to be made, remains
material when discovered (“Misrepresentation”), and, if the effect of such Misrepresentation if curable, is not cured within thirty (30) days after the defaulting Party’s receipt of written notice thereof from the other Party.
If the effect of such Misrepresentation is not curable, an Event of Default shall exist immediately upon receipt of such written notice; 

  

	 	(d)	With respect to Siemens, Siemens fails to maintain the insurance required by this Agreement; 

  

	 	(e)	 Siemens, any Affiliate of Siemens who is providing the Services or supporting Siemens in the provision of the Services (a “Supporting 

  

 23 

	 	 
Affiliate”), or any party having an ownership interest in Siemens or a Supporting Affiliate shall: (i) commence a voluntary case under the
Bankruptcy Code of 1978, as amended, or other federal bankruptcy laws (as now or hereafter in effect); (ii) file a petition seeking to take advantage of any other applicable provisions of constitutions, statutes, rules, regulations and orders of all
governmental bodies and all orders and decrees of all courts, tribunals and arbitrators, domestic or foreign, relating to bankruptcy, insolvency, reorganization, winding-up, or composition or adjustment of debts; (iii) consent to, or fail to contest
in a timely and appropriate manner, any petition filed against it in an involuntary case under such bankruptcy laws or other Applicable Laws or consent to any proceeding or action described in the immediately following subsection; (iv) apply for or
consent to, or fail to contest in a timely and appropriate manner, the appointment of, or the taking of possession by, a receiver, custodian, trustee, or liquidator of itself or of a substantial part of its property, domestic or foreign; (v) admit
in writing its inability to pay its debts as they become due; (vi) make a general assignment for the benefit of creditors; (vii) make a conveyance fraudulent as to creditors under any Applicable Law; or (viii) take any corporate or partnership
action for the purpose of effecting any of the foregoing; 

  

	 	(f)	A case or other proceeding shall be commenced against Siemens or its Affiliate in any court of competent jurisdiction seeking: (i) relief under the Bankruptcy Code of 1978, as
amended, or other federal bankruptcy laws (as now or hereafter in effect) or under any other laws relating to bankruptcy, insolvency, reorganization, winding-up, or composition or adjustment of debts; or (ii) the appointment of a trustee, receiver,
custodian, liquidator or the like of Siemens or its Affiliate, or of all or any substantial part of the assets, domestic or foreign, of Siemens or its Affiliate, and such case or proceeding shall continue undismissed or unstayed for a period of 60
consecutive calendar days, or an order granting the remedy or other relief requested in such case or proceeding against Siemens or its Affiliate (including, but not limited to, an order for relief under such Bankruptcy Code or such other federal
bankruptcy laws) shall be entered; 

  

	 	(g)	A Change of Control shall occur with respect to Siemens, where a “Change of Control” means: (i) the acquisition, other than by a Siemens Affiliate (A) of beneficial
ownership of 50% or more of the voting securities or other evidences of ownership of Siemens, (B) directly or indirectly, through voting securities or other evidences of ownership, contract or other means, of the power, in fact, (i) to elect a
majority of the board of directors or governing body of Siemens or (ii) to direct the policies of or manage or govern the business or operations of Siemens, or (C) of substantially all of the assets of such entity; or (ii) the merger, consolidation
or reorganization of Siemens other than with or into a Siemens Affiliate; 

  

 24 

	 	(h)	Siemens shall fail to comply with any SLAs for more than a total of 90 days in any one-year period, or fail to comply with any two or more SLAs for a combined total of more than 90
days in any one-year period; 

  
 Either party will
have the right, at any time following the occurrence of an Event of Default by the other party (but for greater certainty, not during the applicable cure period, if any), to terminate this Agreement effective on thirty (30) days advance notice to
the other party, except for an Event of Default pursuant to subsections (d) through (h) above in which case termination will be effective upon receipt of the notice of termination. If the Event of Default occurs pursuant to subsection (h) then TRX
shall have the option to terminate the Agreement or elect to terminate specific components of the Services related to such breach and receive a corresponding reduction of fees charged hereunder arising from the reduction of the Services. So long as
the related Event of Default continues for a period of 10 days or less, an Event of Default shall not occur if solely due to a cause attributable to Force Majeure. 
  

	 	16.2.2 	Liquidated Damages or Service Credits. Siemens shall immediately advise TRX in the event that Siemens cannot perform the Services or any portion thereof as required. In
addition to any other remedies TRX has pursuant to this Agreement, in the instance of Siemens being in default hereunder, except if by reasons of Force Majeure, Siemens agrees to reimburse TRX for any liquidated damages or similar charges owed by
TRX to Customers for such failures to perform the Services. Siemens shall, reimburse TRX for such damages as a service credit adjustment against invoiced charges submitted to TRX in the billing cycle immediately following the date on which such
Siemens liability was established. 

  

	 	16.3	Transition. In the event of termination of this Agreement, (i) Siemens shall cooperate with TRX to assist in the orderly transition of Services to TRX or to any third party
as TRX may direct, in a professional manner, using reasonable efforts to avoid any disruption or interruption to the Services, (ii) such transition services to be provided at TRX’s sole discretion and at TRX’s sole cost based on the
applicable fees set forth in Exhibit “G” and ongoing fees set forth in Exhibit D, for a minimum period of 90 days, not exceeding 180 days, after notice of termination has been given, (iii) as directed by TRX, Siemens shall remove
all software and equipment and other information and materials provided by TRX and shall deliver such software and equipment and the Deliverables to TRX and (iv) Siemens enter into a transition services agreement for a period of three (3) years at
TRX’s request in the event TRX exercises its rights under Section 16.4. Upon TRX’s request, Siemens shall provide training to TRX or a third party, with the cost of Siemens’ personnel providing the training at mutually agreed costs at
that time. 

  

	 	16.4	 Transfer. Upon expiration or termination of this Agreement by TRX, TRX shall have the option to (a) purchase all or a portion of the furniture, fixtures,
equipment and any other assets used by Siemens to provide the Services and to operate the SCs in a manner substantively similar to the way they were run during the one year period proceeding such expiration or termination, and (b) to 

  

 25 

	 	 
hire all of any portion of the personnel providing the Services, as further described on Exhibit “A”. Such assets will be sold to TRX at a
price equal to fully depreciated book value on a straight line basis and such personnel will be transitioned to TRX at the charge as set forth in Exhibit “G”. Additionally, at TRX’s option, Siemens will make available and
charge TRX a facilities rental rate for the SCs in the amount set forth in Exhibit “D” for up to 3 years. Such option must be exercised by TRX before the expiration or termination of the Agreement and Siemens shall provide TRX with
assistance and support with the purchase and transfer of such assets and personnel without any additional charge other than as defined in the Exhibit “G”. The business options provided to TRX above are subject to the corresponding
financial obligations set forth in Exhibit G. 

  

	 	16.5	Bid Assistance. In the event of termination or expiration of this Agreement, Siemens shall, at TRX’s request, provide TRX with reasonable assistance required by TRX in
order to prepare a request for proposal (“RFP”) for the Services or for any component of the Services. Such bid assistance shall be provided at a cost to TRX as mutually agreed by the parties and shall include, without limitation,
providing organizational charts of Siemens outlining the resources necessary to provide the Services, lists of all Siemens and third party software used in providing the Services including a description of all applications, a high level summary of
costs related to the provision of the Services and suggested vendors for component parts of the Services and support with negotiating terms with such vendors. 

  

	 	16.6	Business Insurance. In the event of termination or expiration of this Agreement, Siemens shall maintain in force adequate business insurance coverage to support any
liabilities or potential liabilities it could have with respect to the Services provided to TRX. 

  

	17.	Disputes and Arbitration 

  

	 	17.1	Disputes Generally. The parties hereby undertake to use good faith efforts to settle all disputes arising under this Agreement and will schedule a telephonic or face-to-face
meeting between (at a minimum) their respective Authorized Representatives to attempt to resolve said dispute. Any dispute that the parties are not able to resolve independently shall exclusively be submitted to mandatory and binding arbitration at
the election of any Party (the “Disputing Party”) by a single arbitrator pursuant to the mandatory conditions set out below: 

  

	 	(a)	 Any dispute, claim or controversy arising out of or relating to this Agreement or the breach, termination, enforcement, interpretation or validity thereof,
including the determination of the scope or applicability of this Agreement to arbitrate, which has not been resolved by negotiation as provided herein within 90 days of the initiation of such procedure shall be determined by arbitration in a
mutually agreed upon location, or if no agreement can be reached as to location in the State of Georgia. The arbitration shall be administered by Judicial Arbitration and Mediation Services (“JAMS”) pursuant to its Comprehensive

  

 26 

	 	 
Arbitration Rules and Procedures. Judgment on the Award may be entered in any court having jurisdiction. 

  

	 	(b)	Should it become necessary to resort to court proceedings to enforce a party’s compliance with the dispute resolution process set forth herein, and the court directs or
otherwise requires compliance herewith, then all of the costs and expenses, including its reasonable attorneys’ fees, incurred by the party requesting such enforcement shall be reimbursed by the non-complying party to the requesting party.

  

	 	(c)	The parties agree to keep all disputes arising under this Agreement confidential except as necessary in connection with a judicial challenge to or enforcement of an award, or unless
otherwise required by law or judicial decision. The arbitrator may issue orders to protect the confidentiality of proprietary information, trade secrets or other sensitive information. 

  

	 	17.2	Exceptions. Notwithstanding the foregoing, either party may bring a limited action in an appropriate judicial forum seeking enforcement or equitable relief from the other
party’s breach of the provisions in Sections 11.4,12 and 16.4. 

  

	18.	General Terms 

  

	 	18.1	Compliance with Law. Each of the parties will perform its obligations under this Agreement in compliance with all applicable laws, ordinances and regulations and will obtain
and maintain in full force and effect, any permits, licenses, consents, approvals and authorizations necessary for the performance of its obligations hereunder. 

  

	 	18.2	Audit Right. Upon reasonable notice, TRX may audit or cause an independent third party who agrees to be bound by the confidentiality provisions of this Agreement to audit:
(i) the Services being performed hereunder; (ii) those books and records of Siemens that are created as a result of the performance by Siemens of the Services hereunder and are the subject matter of this Agreement. Siemens shall maintain books and
records with respect to performance of the Services hereunder that delineates all information necessary to facilitate the transfer contemplated by Section 16.4 of this Agreement 

  

	 	18.3	Publicity. Either party will obtain the other’s prior written consent, which will not be unreasonably withheld or delayed, before publicizing any information about this
Agreement except where otherwise required by applicable laws or regulations. Notwithstanding anything to the contrary, the parties acknowledge and accept that TRX shall be entitled to make all such disclosures as TRX considers, in its sole
discretion, necessary or desirable pursuant to applicable laws, regulations or rules or pursuant to the rules, decisions, orders or requests of applicable securities exchanges or other Governmental Authorities. 

  

	 	18.4	 Relationship of Parties. Siemens and any TRX will be and will act as independent contractors, and neither party is authorized to act as an agent or partner
of, or joint venturer with, the other party for any purpose. Neither party 

  

 27 

	 	 
by virtue of this Agreement will have any right, power, or authority to act or create any obligation, express or implied, on behalf of the other party. Under
no circumstances shall any Siemens employees utilized by Siemens to perform the Services be deemed employees of TRX. TRX and Siemens are not joint employers for any purpose under this Agreement. Siemens shall bear sole responsibility for payment of
compensation to its personnel. Siemens shall withhold, pay and report any and all taxes imposed by any Governmental Authorities, including, but not limited to income tax withholding, social security taxes, employment head taxes, and unemployment
insurance, as required in accordance with applicable law with respect to all personnel assigned to perform the Services, as employees of Siemens. Siemens shall bear sole responsibility for any health or disability benefits, retirement benefits, or
welfare, pension or other benefits (if any) to which such personnel providing Services hereunder may be entitled. Siemens agrees to defend, indemnify, and hold harmless TRX, TRX’s officers, directors, employees and agents, any benefit plan
sponsored by TRX, and any fiduciaries or administrators of any such benefit plan, from and against any claims, liabilities, or expenses relating to any claim by Siemens’ personnel for compensation, tax, insurance, or benefits from TRX of any
benefit plan sponsored by TRX. 

  

	 	18.5	Governing Law. This Agreement, and any and all claims that may arise in connection with the Services, will be governed by the substantive laws of the State of Georgia without
consideration of its principles of conflicts of laws. 

  

	 	18.6	Survival. Any and all obligations under this Agreement which, by their very nature should reasonably survive the termination or expiration of this Agreement will so survive,
including, but not limited to, those arising from the indemnity, governing law, confidentiality, non-solicitation and non-competition provisions of this Agreement. 

  

	 	18.7	Assignment. Neither this Agreement nor any rights granted hereby may be assigned by either party without the prior written consent of the other party, which consent will not
be unreasonably withheld. Any assignment attempted without such prior written consent shall be void. Notwithstanding the foregoing, either party may assign this Agreement, in whole or in part, to an Affiliate, or, with Siemens’ prior written
consent (which consent shall not be unreasonably withheld) TRX may assign this Agreement, in whole or in part, by way of security to a creditor or in the context of a corporate reorganization. 

  

	 	18.8	Multiple Counterparts. This Agreement may be executed in two (2) or more counterparts, each of which will be deemed an original, but all of which together will constitute one
and the same document. 

  

	 	18.9	Remedies Cumulative. Each right and remedy provided for in this Agreement, or now or hereafter existing at law, in equity or by statute or otherwise, shall be cumulative and
concurrent, and the exercise or beginning of the exercise of any one or more of such rights or remedies shall not preclude the exercise of that right or remedy in the future or the exercise of any other right or remedy at any time.

  
 (SIGNATURE PAGE FOLLOWS) 
  

 28 

 IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date first above
written. 
  

									
	 Siemens Shared Services, LLC
	 	 	 	 
					
	By:	 	 /s/ Denice Kronau
	 	 	 	By:	 	 /s/ David Aiken

	 Name:
	 	 Denice Kronau
	 	 	 	 Name:
	 	 David Aiken

	 Its:
	 	 President
	 	 	 	 Its:
	 	 CFO

  

									
	 TRX, Inc.
	 	 	 	 
					
	By:	 	 /s/ Victor P. Pynn
	 	 	 	 	 	 
	 Name:
	 	 Victor P. Pynn
	 	 	 	 	 	 
	 Its:
	 	 EVP, Global Solutions & Information Technology
	 	 	 	 	 	 

  

 29 

 EXHIBIT “A” 
  
 SERVICES 
  
 Description of Services: 
  
 The Services to be provided under this Agreement include the full compliment of TRX product and service offerings (both voice and non-voice) for TRX’s Customers,
including the following: 
  

	 	•	 	RESX: A self-service reservation tool that allows corporate travelers to book policy- compliant air, car, and hotel reservations online. 

  

	 	•	 	CORREX: A solution providing automated quality control, PNR finishing, policy compliance, reservation improvement, client messaging, auto-ticketing, and pre-trip reporting services.

  

	 	•	 	TRANXACT: A suite of services supporting post-ticketing processing and fulfillment activities, including ticket printing and distribution, exception processing, ARC and BSP
settlement, and management reporting. 

  

	 	•	 	DATATRAX: A solution that aggregates, enhances, and reports on global travel and financial data records; receives clients’ data records – requiring no pre-formatting of
the source file – and consolidates records into a single source; combining different, but related, data, DATATRAX then enhances the records; also able to deliver information back to clients in any format, or provide Web-based access to
TRX’s own reporting tool, which is also part of the DATATRAX solution. 

  

	 	•	 	SELEX: a complete suite of customer care services and technologies designed for the travel industry, encompassing shopping and booking technologies, traveler support services,
training design and delivery, and a GDS agnostic scripting engine. 

  
 The Live Date for the foregoing services is to be mutually agreed, with the date not to precede the effective date of the Agreement. 
  
 Service Centers: 
  

	 	•	 	Bangalore facility will commence operations immediately. Operating hours for all facilities will be 24 hours a day, every day of the year, unless otherwise agreed by TRX and
Siemens. 

 Staffing Levels: 
  

	 	•	 	Siemens’ organization providing the Services shall include the following categories of personnel with respect to each SC: 

  

					
	 Role

	  	Full Time/
Part Time

	  	Costs allocated
in the pricing -
Yes/No

	 Operations Director (Center Director)
	  	Full Time	  	    *    
	 Operations Manager
	  	Full Time	  	    *    
	 Team Leader
	  	Full Time	  	    *    
	 Agents (voice/non-voice)
	  	Full Time	  	    *    
	 Quality Assurance
	  	Full Time	  	    *    
	 Workforce Management
	  	Full Time	  	    *    
	 Trainers
	  	Full Time	  	    *    
	 HR & Admin Support
	  	Part Time	  	    *    
	 IT Support
	  	Part Time	  	    *    
	 Finance Support
	  	Part Time	  	    *    
	 Project Implementation Team *
	  	Part Time	  	    *    

  

	*	The costs involved for dedicated project teams are not part of the current pricing model and will be charged to TRX separately at the project resource pricing described on
Exhibit D. 

  

	 	•	 	The support teams such as HR & Admin, IT and Finance will provide functional support to the operations as on need basis. For example, the IT support team will provide support in
activities like desktop maintenance, AMCs etc, and will not be responsible for architecting / optimizing solutions, delivering productivity gains, etc., except as specifically set forth in the Agreement. These support teams will work under the
supervision of the respective group heads of Siemens during the build and operate phases. The Siemens resources assisting the implementation will work on a part time basis. (The cost of these Siemens resources is included in the rate per Productive
Hour described on Exhibit D). 

  

	 	•	 	Also included among the services are housekeeping, electricity charges, printing & stationary, staff welfare expenses, facility maintenance, air-conditioning, security charges,
and catering and transportation charges for a 3-shift operation. (The cost of these items is included in the rate per Productive Hour described on Exhibit D). 

  

	 	•	 	The staffing ratios at each SC (the cost of these items is included in the rate per Productive Hour described on Exhibit D) shall be as follows: 

  

					
	 Agent to Team Leader
	  	-	  	    *    
	 Team Leader to Manager
	  	-	  	    *    
	 Manager to Center Director
	  	-	  	    *    
	 Agent to WFM
	  	-	  	    *    
	 Agent to Trainer
	  	-	  	    *    
	 Agent to Quality assurance
	  	-	  	    *    

  

	 	•	 	For the avoidance of doubt, TRX shall in all events determine the number of agents utilized by Siemens in conducting the services under the Agreement. 

  

 * CONFIDENTIAL TREATMENT REQUESTED 

 Assets: 
  
 Assets to be provided by Siemens (included in the rate per Productive Hour described on Exhibit D) include the following: 
  

					
	 Infrastructure

	  	 ForRoles

	  	 Specifications of the
Infrastructure

	 Desktop PC
	  	 •      Agents
 •      Trainers
 •      Team Leaders
 •      HR & Admin
 •      IT Support
 •      Finance
	  	 •          *    ,

•          *    
 •          *    
 •          *    
 •          *    
 •          *    
 •          *    
 •          *    
 •          *    
 •          *    

			
	 Laptop
	  	 •      Operations Manager
 •      Operations Director
 •      Quality Assurance
 •      HR
 •      IT
 •      Trainer
	  	 •          *    
 •          *    
 •          *    
 •          *    
 •          *    
 •          *    

			
	 Servers (ACD, Exchange, File Store, DHCP, Anti Virus)
	  	 All
	  	 •          *    
 •          *    
 •          *    
 •          *    
 •          *    
 •          *    

  

	 	•	 	Telecom infrastructure assumed are as follows, with any changes to be mutually agreed upon: 

  

	 	•	 	    *     

  

	 	•	 	    *     

  

	 	•	 	    *     

  

	 	•	 	    *     

  

	 	•	 	    *     

  
 Training: 
  
 Initial Pre-Process Training: accent, geography, and culture     *    . 
  
 Product Classroom Training – campaign / function specific
(    *     / varies by product) and Nesting (OTJ –     *    ) will be conducted via (i) Train-the-Trainer sessions conducted by TRX for Siemens and (ii) Siemens
trainers conducting agent training activities. 
  
 Ongoing
Training: Any training of new agents required as a result of attrition (both Initial Pre-Process Training and Product Classroom Training). 
  
 (Costs for Siemens training activities are     *    , as described on Exhibit D and clarified in Section 7.5 of
The Agreement.) 
  

 * CONFIDENTIAL TREATMENT REQUESTED 

 EXHIBIT “B” 
  
 SLAS 
  
 SLAs applicable to Siemens and the Services provided under the Agreement shall be established from time to time by TRX, in consultation with Siemens, and shall be based
on the applicable process-by-process service level agreements contained in TRX’s agreements with Customers. Except as specifically noted below, the responsibility to ensure that the employee achieves the service levels lies with Siemens, with
TRX providing strong secondary management support. 
  

	 	1.	Specific SLA terms will be added to the Agreement by TRX at its sole discretion and timing 

  

	 	2.	These specific SLA terms may not exceed the terms in place at TRX’s equivalent onshore location. The specific terms will be equal to the onshore counterpart when the timing and
accuracy of inputs are equivalent 

  

	 	3.	Siemens must comply with the terms of a specific SLA within 5 months of the terms being established 

  
 TRX will ensure that all the necessary training is given to Siemens’ employees to achieve the desired levels of performance. To achieve
the SLAs and the desired levels of performance TRX will employ all its policies, which are being employed by them in their SCs globally. They will have strong authority to influence the decision and measurement of the performance of the employees
regularly. 

 EXHIBIT “C” 
  
 BUSINESS CONTINUANCE AND DISASTER RECOVERY PLAN 
  

									
	 	  	Primary
Source

	  	Secondary
Source

	  	Tertiary
Source

	  	Remarks

	
	Telecom
	 Data and Voice
	  	 	  	 	  	 	  	 
	     *    
	  	X	  	 	  	 	  	 
	     *    
	  	X	  	 	  	 	  	 
	     *    
	  	X	  	 	  	 	  	 
	     *    
	  	X	  	 	  	 	  	 
	     *    
	  	X	  	 	  	 	  	 
	     *    
	  	X	  	 	  	 	  	 
	     *    
	  	X	  	 	  	 	  	 
	 2 MB MCI Link
	  	 	  	 	  	 	  	 
	     *    
	  	 	  	X	  	 	  	 
	     *    
	  	 	  	X	  	 	  	 
	     *    
	  	 	  	X	  	 	  	 
	     *    
	  	 	  	X	  	 	  	 
	     *    
	  	 	  	X	  	 	  	 
	     *    
	  	 	  	X	  	 	  	 

  
     *     
  
 Voice and Data Path 2 MB capacity AT&T 
  

 * CONFIDENTIAL TREATMENT REQUESTED 

     *     
  
 Voice & Data Path 2 MB capacity MCI 
  

									
	 	  	Primary
Source

	  	Secondary
Source

	  	Tertiary
Source

	  	Remarks

	
	IT Infrastructure
	 Data
	  	 	  	 	  	 	  	 
	     *    
	  	X	  	 	  	 	  	 
	     *    
	  	X	  	 	  	 	  	 
	     *    
	  	X	  	 	  	 	  	 
	     *    
	  	X	  	 	  	 	  	 
	     *    
	  	 	  	X	  	 	  	 
	     *    
	  	X	  	X	  	X	  	 
	 Voice
	  	 	  	 	  	 	  	 
	     *    
	  	 	  	 	  	 	  	 
	     *    
	  	X	  	X	  	 	  	 
	     *    
	  	X	  	X	  	 	  	 
	     *    
	  	X	  	 	  	 	  	 
	     *    
	  	X	  	X	  	 	  	 
	     *    
	  	 	  	 	  	 	  	 
	     *    
	  	X	  	X	  	 	  	 
	     *    
	  	X	  	 	  	 	  	 
	     *    
	  	X	  	X	  	 	  	 
	     *    
	  	X	  	X	  	 	  	 
	
	Power
	     *    
	  	X	  	 	  	 	  	 
	     *    
	  	 	  	X	  	 	  	Activated in 10 mins
	     *    
	  	X	  	 	  	 	  	 
	     *    
	  	 	  	X	  	 	  	 

  
 Within 90 days of the effective date
of the Agreement, TRX and Siemens will mutually agree on and produce a detailed action plan, including protocols for escalation and contact, for business continuity and disaster recovery that can be provided to clients of TRX 
  

 * CONFIDENTIAL TREATMENT REQUESTED 

 EXHIBIT “D” 
  
 FEES AND COSTS 
  
 Unit Pricing: 
  

	 	•	 	The desired mix and quantity of staff requested by TRX (“Staffing Level”) will be defined as the mix and quantity of agents and other professionals (e.g. accountants,
developers, etc), excluding agent support staff as listed in Exhibit A, formally requested by TRX, excluding the effect of attrition or hiring delays. 

  

	 	•	 	The ramp up period (“Ramp Up”) will be defined as the earlier of the period up to and ending     *     from the Live Date, or the
period up to and ending on the date the Staffing Level is achieved. 

  

	 	•	 	Agreed upon pricing during Ramp Up is as follows: 

  

	 	•	 	A Staffing Level of     *     will be achieved by the end of Ramp Up. 

  

	 	•	 	Charges for: 

  

	 	a.	Voice agents –     *    . 

  

	 	b.	Non-voice agents –     *    . 

  

	 	c.	Other professionals – see below 

  
 Applicable from the date the FTEs complete the Initial Pre-Process Training (accent, geography, and culture) provided by Siemens. 
  

	 	•	 	Any deficiency in the ramp up of FTE numbers as per the ramp up schedule shall be charged at     *     of the above price for the
non-utilised infrastructure provided by Siemens until the termination of the Agreement. Discounts on Staffing Levels in excess of the ramp up schedule will be mutually agreed upon when the scope of the excess is determined. 

 

	 	•	 	Agreed upon pricing effective from completion of Ramp Up until     *     from the Live Date is as follows: 

  

	 	•	 	Voice –     *     

  

	 	•	 	Non – voice -     *     

  

	 	•	 	Other professionals – see below 

  

	 	•	 	Thereafter, this pricing will increase annually by     *    . There will be an additional increase of
    *     to the voice rate,     *     from the Live Date. 

  

	 	•	 	Agreed upon pricing for other professionals (e.g. accountants, developers, etc) whose work is not expressly detailed in Exhibit A will be salary cost and benefits cost, plus
    *    . 

  

	 	•	 	 Until 12 months from the Live Date, communication and connectivity costs (including voice, data, and internet bandwidth) incurred by Siemens will be
    *     TRX and Siemens. Thereafter and until the term of the Agreement, these costs will be split evenly with Siemens’ portion of the costs limited to a maximum of
    *     when the Staffing 

  

 * CONFIDENTIAL TREATMENT REQUESTED 

	 	 
Level is at or below     *    . Cost increases due to a Staffing Level in excess of
    *     will be     *     TRX and Siemens and not be subject to the aforementioned limit. TRX     *     in the per-seat
bandwidth scope listed later in this Exhibit. The following schedule outlines the expected costs, which may change with mutual agreement by both parties: 

  

					
	 Connectivity Item

	  	Siemens Incurred
Costs (annual )

	 	Costs Charged to
TRX (annual)

	 US Data (2 x 512 KB pipe)
	  	    *    	 	    *    
	 USVoice (l x T-1 line)
	  	    *    	 	    *    
	 UK Data (2 x 1 MB pipe)
	  	    *    	 	    *    
	 UK Voice (0 x T-1 line)
	  	    *    	 	    *    
	 All Internet (4 MB)
	  	    *    	 	    *    
	 TOTAL
	  	    *    	 	    *    

  

	 	•	 	The pricing is based on the assumption of USD ($) being valued at equal to     *    . Any difference is realization of the Dollar to the
Rupee( + / -), being on account of the exchange difference, shall be shared by Siemens and TRX equally. 

  

	 	•	 	For purposes of this Exhibit, “Productive Hour” means a period during which an agent is available to handle a call or work a queue. (The parties anticipate that a
fully-utilized agent or professional will work     *    ). 

  

	 	•	 	Except as otherwise specifically noted on this Exhibit D, the pricing set forth in this Exhibit D is inclusive of all costs related to the Siemens’ performance of
the Services, including without limitation, utilization of agents by Siemens to perform the Services, indirect labor, support staff, center management, general manager, infrastructure, facilities, communication, technology, and training.

  

	 	•	 	Costs associated with the project implementation are included within the rate per Productive Hour, except that project resources utilized in that process (i.e., dedicated project
team) are not considered part of this pricing. With respect to such project resources (the use of which shall be in all events be approved in advance by TRX), Siemens will charge TRX     *     irrespective of
whether these resources are offshore in India or onsite in the U.S. If these resources are utilized onsite in the U.S., TRX will be charged an additional     *     plus actual costs for their ticket, boarding,
and transportation costs. 

  

	 	•	 	Fees related to TRX’s transfer and termination rights pursuant to Section 16 of the Agreement are detailed in Exhibit G. 

  
 Scope: 
  
 Voice agents - Shift / Seat Utilization:
    *     (assumes weekend coverage,     *     of weekday) Operations: 7/24/365 
  

 * CONFIDENTIAL TREATMENT REQUESTED 

 Bandwidth:     *     per seat with
    *     utilisation across the centre 
  
 Non voice agents- Shift / Seat Utilization:     *     (assumes weekend coverage     *     of weekday Operations: 7/24/365 
  
 Bandwidth: Nil for voice /     *    
data per seat with     *     utilisation across the centre. 
  
 Other professionals - Shift / Seat Utilization:     *     (assumes weekend coverage,     *     of weekday) 
  
 Operations: 7/24/365 
  
 Bandwidth:     *     per seat with
    *     utilisation across the centre 
  

 * CONFIDENTIAL TREATMENT REQUESTED 

 EXHIBIT “E” 
  
 CURRENT SIEMENS CUSTOMERS 
  
     *     
  

 * CONFIDENTIAL TREATMENT REQUESTED 

     *     
  

 * CONFIDENTIAL TREATMENT REQUESTED 

 EXHIBIT “F” 
  
 PRIVACY POLICY 
  
 PRIVACY OF CONFIDENTIAL MATERIAL & INFORMATION 
  
 It is important for the company to protect the privacy of confidential infonnation. Confidential company information can be anything that TRX considers
relevant to its status or operations that is not generally known to the public and that the company does not want to disclose. The release of confidential information, whether intentional or unintentional, can injure the company competitively and in
other ways. 
  
 In addition, our customers often provide us with
infonnation that is confidential and that may contain personally identifiable infonnation. It is therefore essential that discretion be exercised in discussing customer account activities with anyone outside the office or with anyone inside the
office without a verifiable need to know such information. Telephone inquiries regarding customers or customer account activities should be carefully screened for proper identity before divulging information that might be confidential. If you are
uncertain how to handle any such requests, offer no infonnation and follow-up with your manager. 
  
 Confidential infonnation and/or material should never be photocopied or disclosed to any company or individual, including other employees, without proper
authorization. If you are unsure if something is confidential, or if you have any questions regarding your responsibilities in dealing with confidential materials, please ask your manager before releasing information. 
  
 For those departments working with confidential information, please be sure
that all such material is locked up at the end of the day and on weekends in secure, locked files. Legal and financial documents should be locked securely in file cabinets. 
  
 Every employee is responsible for following this policy as well as complying with the terms of the confidentiality and
non-solicitation agreement that you signed prior to working with us. Any unauthorized disclosure of confidential information about the company or our customers may be a breach of the law, and will be considered sufficient cause for disciplinary
action, up to and including termination. Maintaining confidentiality is a serious matter and TRX will treat it as such. 

 EXHIBIT “G” 
  
 TRANSFER & TERMINATION FEES 
  
 Options and Pricing: 
  

	 	•	 	As provided in Section 16 (the provisions of which shall control the termination rights and obligations of the parties), the natural term of the Agreement is for a duration of Three
(3) years, and TRX may elect to terminate the Agreement earlier pursuant to the provisions of Section 16 of the Agreement. At the termination of the contract, TRX may elect to exit the relationship, to renew the contract based on mutually agreed
pricing pursuant to Section 6.2, or to assume control, via transfer, of the services pursuant to Section 16.4. 

  

	 	•	 	Fees related to the various transfer and termination options are set forth in the following schedule. For the purposes of this schedule, “Wasted Costs” are defined as the
    *     supporting this Agreement for the period from the early termination date through the earlier of the natural term of the Agreement or the expiration of the specific obligation, plus any
    *     incurred related to this Agreement. 

  

							
	 TRX decision

	  	Early Term, for cause

	 	Early Term, for
convenience

	 	Natural
term

	 Exit
	  	Net Book Value of
Assets	 	    *    	 	none
	 Renewal
	  	n/a	 	n/
a	 	none
	 Transfer to TRX
	  	    *    	 	    *    	 	    *    

  

 * CONFIDENTIAL TREATMENT REQUESTED 

 Asset Pricing and Net Book Value Determination: 
  

	 	•	 	Concurrent with the signing of this Agreement, and quarterly thereafter, Siemens shall provide TRX with a listing of assets purchased in direct support of this Agreement
(“Asset Listing”). The Asset Listing shall at a minimum include a description of the purchased asset, the asset type, the purchase date, and the purchase price. Assets directly purchased or paid for by TRX shall be included on the Asset
Listing, but shall be considered the property of TRX at no additional cost to TRX upon Termination. The following is an estimate of the first year asset puchases subject to Wasted Cost reimbursement: 

  

			
	 Asset

	  	Year 1 Cost

	 Computers (included laptop & licenses)
	  	    *    
	 Server India
	  	    *    
	 Racks
	  	    *    
	 Printer / shredder / projector
	  	    *    
	 Switches, patchcords, etc.
	  	    *    
		
	 Hipath telecom switch
	  	    *    
	 MUX India / USA
	  	    *    
	 Optipoint telephones & headsets
	  	    *    
	 Router India / USA
	  	    *    
	 TOTAL
	  	    *    

  

	 	•	 	The following schedule sets forth the annual depreciation rates used to calculate the net book value of the items on the Asset Listing, for determination of the termination fees:

  

			
	 Asset Type

	  	As per SSLI Policy

	 Land & Buildings
	  	    *    
	 Office Equipments
	  	    *    
	 Plant & Machinery
	  	    *    
	 Computer Hardware
	  	    *    
	 Furniture & Fixtures
	  	    *    
	 Vehicles
	  	    *    

  

 * CONFIDENTIAL TREATMENT REQUESTEDLicense Agreement dated March 6, 2003

 Exhibit 10.55 
  
 LICENSE AGREEMENT 
  
 This License Agreement (the
“Agreement”) is made and entered into as of March 6, 2003 (the “Effective Date”) between TRX, Inc., a Georgia corporation, located at 6 West Druid Hills Drive, Atlanta, Georgia 30329 (herein “TRX”)
and Sabre Inc., a Delaware corporation, located at 3150 Sabre Drive, Southlake, Texas 76092 (herein “Sabre”), and in consideration of the mutual covenants and other considerations contained herein, the parties agree as follows:

  
 1. DEFINITIONS. 
  
 a) “Acceptance” shall have the meaning described in Section
3(b). 
  
 b) “Affiliates” shall mean entities
owned or controlled by TRX, or entities in which TRX holds a significant minority interest of no less than thirty percent (30%). 
  
 c) “Confidential Information” shall mean (i) the terms and conditions of this Agreement, (ii) Sabre’s Highly Confidential Information, (iii)
information relating to a party’s business, customers, financial condition, or operations, (iv) TRX Highly Confidential Information; (v) trade secrets (as defined by applicable law), and (vi) any other information, whether in a tangible medium
or oral and marked or clearly identified by a party as confidential or proprietary at the time of disclosure; except such information that (a) is known to the recipient prior to its first receipt of such information from the disclosing party,
provided that such information is not subject to another confidentiality agreement of which TRX and Sabre are a party, (b) is generally known to the public prior to its receipt by the recipient, (c) after receipt from the disclosing party,
becomes available to the public other than as a result of an unauthorized disclosure by any of the recipient’s directors, officers, employees, agents or advisors; or (d) is independently developed by the recipient without access to or use of
the Confidential Information of the disclosing party. 
  
 d) “Sabre
Revisions” shall mean any modifications, additions or improvements to the System or the System’s Source Code which are created or invented by Sabre or any other person or entity, except for TRX or TRX’s contractors. 
  
 e) “Error” shall mean a reproducible failure of the Interface Parser
component of the System (as delivered by Sabre to TRX) to perform substantially in accordance with the description of the System set forth in Exhibit A. 
  

f) “Infringement” shall have the meaning ascribed in Section 9(a). 
  
 g) “Intellectual Property Rights” shall mean all copyrights, trademarks, service marks, trade secrets, patents,
patent applications, moral rights, contract rights, and other proprietary rights. 
  
 h) “Update Fee” shall have the meaning ascribed in Section 6(c). 
  
 i) “Maintenance Services” shall mean the services described in Section 4. 
  
 j) “Minor Enhancement” shall mean a revision to the System that provides moderate new functionality features and
improvements without changing the direction/scope of the System. A Minor Enhancement is designated by a change in the number to the right of the decimal point (e.g., a move from Version 3.1 to Version 3.2). 
  
 k) “Professional Services” shall mean consulting, technical and support
services provided by Sabre in connection with the System, including engineering studies, calibration, connectivity, customization, training and implementation support of the System. Professional Services shall include efforts to develop
documentation reflecting customizations performed under this Agreement. 
  
 I)
“Project Schedule” shall mean the estimated time required for delivery and installation of the System as set forth in Exhibit A. 
  
 m) “TRX Revisions” shall mean any modifications, additions or improvements to the System or the System’s Source Code which are created or invented
by TRX or TRX’s contractors as permitted under this Agreement. 
  
 n)
“Sabre Competitor” shall mean a company engaged in the global travel distribution systems or travel distribution directly to businesses and consumers, such as     *     
  
 o) “Services” shall collectively mean the Maintenance Services and
Professional Services provided by Sabre to TRX under this Agreement. 
  
 p)
“System” shall mean the InfoCommand software, more fully described in the attached Exhibit A. The System consists of three components, namely (i) the Interface Parser, (ii) the Database Schema, and (iii) the Travel Application.

  
 q) “Source Code” means the human readable source code version
of a software program and the associated technical documentation for such software program. 
  
 r) “Sabre Highly Confidential Information” shall mean Sabre’s software, technology, ideas, formulae, know how, documentation, procedures, algorithms, and trade 

 -1- 
  
 * CONFIDENTIAL TREATMENT REQUESTED 

 
secrets embodied in the System, technical documentation, solution methodology (e.g. forecasting and optimization techniques), user manuals and other
deliverables (including the developments and adaptations to the System). 
  
 s) “TRX Highly Confidential Information” shall mean Revisions, TRX’s software, technology, ideas, formulae, know how, documentation, procedures, algorithms, technical documentation, solution methodology, and any
other information that is of value to TRX that is not generally known to the public. 
  
 t) “Updates” shall have the meaning ascribed in Section 4(a). 
  
 u) “Version” shall mean a major enhancement of the System that contains significant new or improved functionality. Versions are designated by a change in the number to the left of the decimal point
(e.g., a move from Version 3.5 to 4.0). The equipment to use a new Version may cascade into the need to revise interfaces, infrastructure, and hardware/server platforms. Additional implementation and upgrade license fees may be required to upgrade
to a new Version. 
  
 2. RIGHTS IN
SYSTEM. 
  
 a) License. Effective
upon delivery of the System, subject to completion of payment of all license fees, and provided that TRX is and remains in compliance with the terms of this Agreement, Sabre grants to TRX and its Affiliates a perpetual, non-exclusive,
non-transferable (except as permitted below) license to (i) use and reproduce the System Source Code for the Database Schema and Travel Application components of the System, (ii) create TRX Revisions to the System Source Code; (iii) to use the
System and System Source Code in conjunction with the TRX Revisions; (iv) to use the executable code version of the Interface Parser component of the System, and (v) to use any accompanying documentation, for the System for the Permitted Use
described in Section 2(b) below. Sabre shall deliver the System and all accompanying documentation electronically as mutually agreed upon by the parties. TRX shall handle the System Source Code provided hereunder and otherwise comply with the
requirements set forth in Exhibit B, a copy of which is attached hereto and incorporated herein by reference. Notwithstanding the foregoing, TRX may, in its sole discretion, use its own interface parser in lieu of using of the System’s
Interface Parser in furtherance of its business objectives under this Agreement. Nothing herein shall be deemed to restrict TRX’s use of its own interface parser. 
  
 b) Permitted Use. TRX shall only sublicense the System and/or the TRX Revisions to its customers in conjunction or combination with
other back-office or mid-office software solutions services, modules, or functionalities (the “Product Offerings”), made available by TRX for use by the customer from a TRX location in a service bureau or ASP format. In the event of
a sublicense of the System as permitted herein, TRX warrants that the scope of such sublicense shall contain terms no less restrictive than those set forth in Exhibit C, attached hereto and incorporated herein by reference. Further to the
foregoing, TRX may not (i) market, resell or sublicense the System, and/or TRX Revisions for delivery in any manner other than in a service bureau or ASP format, or (ii) utilize the System and/or any TRX Revision in connection with the provision of
financial accounting services for third parties. Nothing herein shall be construed to preclude TRX from providing data feeds for use by TRX customers in its internal financial accounting. Additionally, TRX shall be permitted to install and use the
System and/or TRX Revisions on TRX or third party equipment located at a third party location (i.e. a managed hosting facility), subject to the use restrictions provided above. 
  
 c) Use Restrictions. TRX will not reverse engineer, decompile, disassemble, or otherwise attempt to derive the Source Code for
the Interface Parser component of the System, or otherwise use or copy the System except as expressly allowed in this Agreement. TRX may make a reasonable number of copies of the System and accompanying documentation solely for the permitted use
identified in Section 2(b) above. TRX shall reproduce and include on each copy and on each partial copy of the System any copyright notice and proprietary rights legend contained therein, as such notice and legend appear in the
original. 
  
 d) No Assignment or Transfer of Source Code.
Except in the event of TRX’s merger with, acquisition of, or acquisition by a third party (and upon notice to Sabre), in which event no consent shall be required, TRX shall not transfer, assign or otherwise provide the System’s Source Code
or any component thereof, to any other person or entity, whether by operation of law or otherwise, without the prior written consent of Sabre which Sabre reserves the right to withhold in its sole and absolute discretion. Any such attempted
assignment shall be void and of no effect. Notwithstanding the above, in no event may TRX transfer, assign or otherwise provide the System’s Source Code or any component thereof, to a Sabre Competitor. 
  
 e) Intellectual Rights. Sabre shall retain exclusive ownership of all worldwide
Intellectual Property Rights in the System, including the Source Code and any Updates, Sabre Revisions, Versions and other Intellectual Property delivered hereunder by Sabre. TRX shall retain ownership of any TRX Revisions. The parties will meet on
an annual basis (or more frequently if mutually agreed by the parties) where TRX will inform Sabre of all TRX Revisions it has made to the Source Code of the 

  

 -2- 

 
Database Schema and Travel Application components of the System. If Sabre has an interest in purchasing or __sing any TRX Revision, the parties will
negotiate in good faith. Any purchase or other agreement with respect to a TRX Revision must be in a writing signed by both parties. 
  
 f) Export. TRX will comply with all applicable export and import control laws and regulations in its use of the System, TRX Revisions, and Sabre Revisions
(if any), and, in particular, TRX will not export or re-export the System without all required United States and foreign government licenses. TRX will defend, indemnify and hold harmless Sabre from and against any violation of such laws or
regulations by TRX or any of its agents, officers, directors or employees. 
  
 g) Private Label. The license granted in this Section 2 shall include the right for TRX to sublicense the System to its customer under TRX’s own trademarks, trade names, and logos (“Private Labeled
Product”), so long as TRX acknowledges that the Private Labeled Product is based on the System by including a written attribution to Sabre, such as “Powered by Sabre” or other label provided by Sabre. 
  
 3. INSTALLATION AND
ACCEPTANCE. 
  
 a) Sabre will deliver
and install the System to TRX at its Atlanta, Georgia data center. TRX will provide, at its own expense, all hardware, third party database, communications and systems software required for implementation, operation and maintenance of the System.
TRX will perform all preparatory work required by Sabre for installation of the System and will provide personnel and resources, including access to the database servers, reasonably necessary for the installation of the System. 
  
 b) Acceptance testing will be conducted by TRX toward the end of the installation and
implementation process as specified in the Project Schedule. The purpose of the Acceptance testing process will be to determine if the System, as delivered by Sabre, substantially conforms to the description of System in Exhibit A and other
relevant documentation as mutually agreed in writing by the parties. The detailed Acceptance testing procedure (i.e., test scripts, identification of testers and test sites, etc.) will be established jointly and agreed upon in writing by both
parties prior to the commencement of the Acceptance testing. Sabre will provide reasonable assistance to TRX during such Acceptance testing. TRX shall notify Sabre in writing immediately of any material non-conformities, as reasonably determined by
TRX, between the System and the description of the System in Exhibit A as well as for any Errors found by TRX determined through the Acceptance testing. Upon such receipt of such notice, Sabre will make corrections in any such material
non-conformities of the System to the description of the System and re-submit such non-conforming portion for retesting within a reasonable period. If Sabre fails to correct any such non-conformity within ninety (90) days following receipt of notice
from TRX, TRX may, terminate this Agreement and receive a reimbursement of all license fees actually paid to Sabre hereunder within a reasonable period (not to exceed thirty (30) days) following such termination. Acceptance shall take place when (i)
the System substantially conforms to the description of the System, (ii) when the System is placed in productive use by TRX, or (iii) within thirty (30) days following Sabre’s completion of the installation of the System unless TRX has
previously notified Sabre of any material non-conformities of the System to the description of the System (“Acceptance”). 
  
 4. UPDATES AND MAINTENANCE SERVICES. 
  
 a) Updates. During the Term and provided that TRX has paid the Update Fee,
Sabre will provide TRX with all Updates for the Interface Parser component of the System developed by Sabre. Sabre typically provides at least one (1) Update per calendar year for its various software applications. “Updates” shall
mean System changes produced to correct Errors or add Minor Enhancements and includes industry mandates. TRX will also have the right to review and license any new Versions developed by Sabre for the System. Unless otherwise agreed, all new Versions
and Updates obtained by TRX herein shall be governed by the terms of this Agreement and shall be included within the term “System” for all purposes. If TRX uses its own Interface Parser component and elects to terminate the purchase
of Updates under this Section, Sabre shall thereafter have no further obligations with respect to making on-going Updates made to the Interface Parser component of the System available to TRX. 
  
 b) Sabre Modifications. Sabre may, at its discretion, upon notice to TRX and
with no additional charge, make modifications to the Interface Parser component of the System and TRX will promptly implement such modifications. Such modifications will not jeopardize or adversely impact the functionality of the Interface
Parser. 
  
 c) Error Correction and Additional Maintenance
Services. Additional Maintenance Services, such as assistance with Error correction for the System, (including Error correction for the Interface Parser), help desk support, troubleshooting, etc., will be made available by Sabre to TRX,
subject to the availability of Sabre personnel. Any such additional services shall be considered as Professional Services, shall conform to the Service Level Agreement specified in Exhibit D, and shall be paid for on a time and material basis
at the rates set forth in Exhibit A. TRX expressly grants Sabre the right to undertake projects requested by TRX in writing, including error corrections (“Preapproved Projects”) to the System without additional consent if, Sabre
believes, in its best judgment, that such Preapproved Projects can be 

  

 -3- 

 
completed in no more than ten (10) billable hours. Sabre agrees to provide written acknowledgement (including notice by e-mail) of any undertaking of such
Preapproved Project. In the event such Preapproved Project cannot, in Sabre’s reasonable judgment, be completed in ten (10) billable hours, Sabre shall so notify TRX and the parties shall, at TRX’s discretion, agree to the pricing and
other terms and conditions under which such Project shall be completed. 
  
 5.
TERM AND TERMINATION. 
  
 a) Term. This Agreement shall commence as of the Effective Date and shall continue in effect for a period of one (1) year following TRX’s Acceptance of the System (the “Term”).
Thereafter, the Term shall automatically renew for one (1) successive year periods until one party notifies the other of its desire not to renew the Agreement prior to the expiration of the then current Term. 
  
 b) Termination for Material Breach. In the event that either party materially
breaches any term or condition of this Agreement, and such breach continues for a period of thirty (30) days after notice from the other party, (except for a breach regarding failure to pay amounts due, in which case the period to cure shall be ten
(10) days) the other party may terminate this Agreement immediately. If the breach cannot reasonably be cured within thirty (30) days, the defaulting party will be given up to ninety (90) days to cure such breach provided that it commences to
cure the breach within thirty (30) days following it receipt of notice from the non-defaulting party, provides the non-defaulting party with a plan to complete such cure and diligently proceeds with the cure of such breach. 
  
 c) Effects of Termination. In the event of termination of this Agreement by Sabre for
a material breach by TRX, any amounts owed to Sabre under this Agreement before such termination will be immediately due and payable, all licenses granted in this Agreement will immediately cease to exist and TRX shall promptly discontinue all use
of the System including Sabre Revisions, if any, erase all copies of the System from TRX’s computers, and return to Sabre all copies of the System and any Sabre Confidential Information in TRX’s possession or control, and certify to Sabre
in writing that it has fully complied with these requirements. 
  
 6.
FEES AND CHARGES. 
  
 a) License Fee. TRX shall pay to Sabre a one-time license fee in the sum of     *     for the license to the System and the provision of the Source Code as
provided herein. License fees shall be paid as set forth in the Payment Schedule contained with Exhibit A. 
  
 b) Professional Service Fees. TRX shall pay Sabre for Professional Services at the rates specified in the attached Exhibit A. 
  
 c) Update Fees. During the Term, TRX shall pay
    *    (the “Update Fee”). The annual Update Fee shall be paid in advance, with the first such payment being due and payable upon TRX’s Acceptance of the System. After
    *     Sabre shall have the right to increase the amount of the Update Fees upon written notice to TRX. Such increase shall not     *     d) Out-of-Pocket
Expenses. TRX shall pay, or reimburse Sabre for, all documented out-of-pocket expenses, including transportation, food, lodging and incidental expenses, incurred by Sabre in connection with the performance of this Agreement. 
  
 e) Payment Procedures. Charges for fees identified hereunder shall be due and
payable     *     after receipt of invoice from Sabre. Interest on any late payments shall accrue at the rate of fifteen percent (15%) per annum or the highest rate permitted by applicable law, whichever is
less, from the date such amount is due until finally paid. 
  
 f)
Payments Without Set-Off. All payments by TRX hereunder shall be paid to Sabre without set-off or reduction for any amounts owed, or claims, from Sabre by TRX and TRX hereby waives and disclaims any rights of offset or set-off.

  
 7. TAXES. TRX shall bear and be
responsible for payment of, and if Sabre remits such Taxes on TRX’s behalf, shall reimburse Sabre on an after-tax basis for, any taxes, duties or other assessments, and any interest or penalties thereon (collectively, “Taxes”),
that are incurred or imposed upon or with respect to this Agreement, or that are incurred or imposed upon or with respect to the payments to be made to Sabre or the income, revenue or receipts of Sabre under this Agreement, other than Taxes imposed
on or calculated by reference to Sabre’s net income after allowance of deductions. 
  
 8. WARRANTY. 
  
 THE SYSTEM
IS PROVIDED “AS IS” WITHOUT ANY WARRANTY WHATSOEVER. TRX RECOGNIZES THAT THE “AS IS” CLAUSE OF THIS AGREEMENT IS AN IMPORTANT PART OF THE BASIS OF THIS AGREEMENT, WITHOUT WHICH SABRE WOULD NOT HAVE AGREED TO ENTER THIS AGREEMENT.
SABRE DISCLAIMS ALL OTHER WARRANTIES. EXPRESS, IMPLIED, OR STATUTORY, REGARDING THE SYSTEM AND SERVICES, INCLUDING ANY WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE, AND NONINFRINGEMENT. NO REPRESENTATION OR OTHER
AFFIRMATION OF FACT REGARDING THE SYSTEM SHALL BE DEEMED A WARRANTY FOR ANY PURPOSE OR GIVE RISE TO ANY LIABILITY OF 

 -4- 
  
 * CONFIDENTIAL TREATMENT REQUESTED 

 
SABRE WHATSOEVER. TRX ACKNOWLEDGES THAT IT HAS RELIED ON NO WARRANTIES OTHER THAN THE EXPRESS WARRANTIES IN THIS AGREEMENT. 
  
 9. INDEMNIFICATION. 
  
 a) Sabre will defend, indemnify, and hold harmless, at its expense, any action
brought against TRX, to the extent that such action is based on a claim of direct infringement of any duly issued United States patent or copyright resulting from the supply to TRX by Sabre, or the use by TRX, of the System as delivered hereunder by
Sabre (“Infringement”). Sabre shall pay all damages and costs finally awarded against TRX which are attributable to such Infringement, provided that Sabre is promptly informed in writing and furnished a copy of each communication, notice
or other action relating to the alleged Infringement and is given authority, information and assistance necessary to defend or settle such claim. 
  
 b) Should any portion of the System as delivered by Sabre hereunder become, or in Sabre’s opinion be likely to become the subject of a claim of Infringement,
then Sabre may, at its option and expense: (i) procure for TRX the right to use the System free of any liability for Infringement; (ii) replace or modify the applicable portion of the System with a non-Infringing substitute; or (iii) if neither of
the foregoing is commercially reasonable, accept return of the System and reimburse TRX for the license fees actually paid for the System pro rated on a straight line basis over a five year period and thereafter be released from all liabilities with
respect thereto. 
  
 c) If any action is brought against Sabre based on a
claim that (i) software code or documentation written by TRX or any data or information added to the System by TRX or by any other person or entity at TRX’s request; (ii) use of the System in combination with, or in addition to, equipment or
computer programs not licensed or developed by Sabre; (iii) any modification or alteration of the System by TRX or its third party agents or contractors; or (iv) any breach of this Agreement by TRX constitutes an Infringement, then the indemnity
obligation stated in this Section “Indemnification” with respect to Sabre shall reciprocally apply to TRX. If the parties cannot clearly determine whether the infringement action is based on the actions of Sabre or of TRX, Sabre may
exercise sole control over defense and settlement of the action without affecting TRX’s indemnity obligation, and TRX shall cooperate with Sabre and provide its own counsel, should it elect to do so, in such defense. 
  
 d) The foregoing shall constitute Sabre’s sole and exclusive obligation, and
TRX’s sole and exclusive remedy, for any Infringement by the System of any Intellectual Property Rights. 
  
 e) EXCEPT AS EXPRESSLY PROVIDED FOR IN THIS SECTION AND SUBJECT
TO TRX’S LIMITATION OF LIABILITY IN SECTION 11, TRX SHALL DEFEND, INDEMNIFY
AND HOLD HARMLESS SABRE FROM ANY AND ALL CLAIMS OR CAUSES OF
ACTION ARISING OUT OF TRX’S USE OF OR SUBLICENSING OF THE
SYSTEM, AND PAY ANY AND ALL DAMAGES AND EXPENSES (INCLUDING REASONABLE
ATTORNEYS FEES) INCURRED BY SABRE IN CONNECTION THEREWITH, REGARDLESS OF THE
CIRCUMSTANCES OF THE CLAIM OR DAMAGE. 
  
 10. NON-DISCLOSURE. 
  
 a) Confidential Information. Except as expressly permitted by this Agreement, all Confidential Information shall be held and protected by the recipient in
strict confidence, shall be used by the recipient only as required to render performance or to exercise rights and remedies under this Agreement, and shall not be disclosed to any other third parties without the prior written consent of the owner
thereof. Each party will at all times maintain the other party’s Sabre or TRX Highly Confidential Information (as the case may be) as confidential, and will protect such other party the Highly Confidential Information from unauthorized use,
access or disclosure with the same measures that such party takes to protect its most valuable proprietary information, but in no event less than reasonable care. This obligation of confidentiality shall continue for two (2) years after termination
of this Agreement, for Confidential Information that is not TRX or Sabre Highly Confidential Information or for trade secrets (including Source Code), as long as allowed under applicable law. 
  
 b) Required Disclosures. Each party may disclose the Confidential Information of the
other party in response to a request for disclosure by a court or another governmental authority, including a subpoena, court order, or audit-related request by a taxing authority, if that party; (i) promptly notifies the other party of the terms
and the circumstances of that request, (ii) consults with the other party, and cooperates with the other party’s reasonable requests to resist or narrow that request, (iii) furnishes only information that, according to written advice of its
legal counsel, that party is legally compelled to disclose, and (iv) uses reasonable efforts to obtain an order or other reliable assurance that confidential treatment will be accorded the information disclosed. 
  
 11. LIMITATION OF
LIABILITY. EXCEPT FOR CLAIMS ARISING OUT OF CUSTOMER’S BREACH OF SECTIONS 2(B), (C) AND (D), OR EITHER PARTY’S BREACH OF SECTION 10, NEITHER PARTY SHALL BE LIABLE TO THE
OTHER PARTY FOR ANY INCIDENTAL, INDIRECT, EXEMPLARY, SPECIAL OR CONSEQUENTIAL DAMAGES, UNDER ANY CIRCUMSTANCES, INCLUDING, BUT NOT LIMITED TO, LOST PROFITS, REVENUE OR SAVINGS, LOSS OF GOODWILL, OR THE LOSS OF USE OF ANY DATA, EVEN IF SUCH PARTY HAD
BEEN ADVISED OF, 

  

 -5- 

 
KNEW, OR SHOULD HAVE KNOWN, OF THE POSSIBILITY THEREOF, EXCEPT FOR CLAIMS ARISING OUT OF (I) CUSTOMER’S BREACH OF SECTIONS 2(b), (c) or (d). (II) A
THIRD PARTY CLAIM ARISING FROM TRX’S SUBLICENSING OF THE SYSTEM, OR (III) EITHER PARTY’S BREACH OF SECTION 10, UNDER NO CIRCUMSTANCES SHALL EITHER PARTY’S AGGREGATE CUMULATIVE LIABILITY HEREUNDER, WHETHER IN CONTRACT, TORT, OR
OTHERWISE, EXCEED THE TOTAL AMOUNT OF LICENSE FEES ACTUALLY PAID TO SABRE UNDER THIS AGREEMENT. THE PARTIES ACKNOWLEDGES THAT THE FEES PAID HEREUNDER REFLECT THE ALLOCATION OF RISK SET FORTH IN THIS AGREEMENT AND THAT NEITHER PARTY WOULD ENTER INTO
THIS AGREEMENT WITHOUT THESE LIMITATIONS ON ITS LIABILITY. 
  
 12.
CHOICE OF LAW. This Agreement and any dispute arising hereunder shall be construed in accordance with the laws of the state of Texas without regard
to principles of conflict of laws. 
  
 13.
SURVIVAL. All terms of this Agreement, which by their nature are intended to survive termination of this Agreement, including without limitation, sections entitled “Fees and
Charges”, “Non-Disclosure”, “Taxes”, “Warranty”, “Indemnification”, “Limitation of Liability”, Term and Termination”, “Choice of Law”, “Entire Agreement”,
“Survival”, and “Construction”, shall so survive termination. 
  
 14. FORCE MAJEURE. Either party shall be excused from performing hereunder to the extent that it is prevented from performing as a result of any act or
event which occurs and is beyond its reasonable control, including, without limitation, acts of God, war, or any action of a governmental entity; provided that the party experiencing the force majeure provides the other with prompt written notice
thereof and uses all reasonable efforts to remove or avoid such causes. 
  
 15.
SAVINGS CLAUSE. If any provision of this Agreement is prohibited by law or held to be unenforceable, the remaining provisions hereof shall not be affected, and this
Agreement shall continue in full force and effect as if such unenforceable provision had never constituted a part hereof, and the unenforceable provision shall be automatically amended to so as to best accomplish the objectives of such unenforceable
provision within the limits of applicable law. 
  
 16.
RELATIONSHIP. Sabre shall be and act as an independent contractor hereunder and no employee of either party shall be deemed to be an employee of the other for any purpose whatsoever. Each party shall comply,
at its own expense, with the provisions of all applicable state and municipal requirements and with all state and federal laws applicable to it as an employer and otherwise. 
  
 17. NOTICES. All notices, requests and other communications under this Agreement must be in
English and in writing, and must be mailed by registered or certified mail, postage prepaid and return receipt requested, or delivered by hand to the party to whom such notice is required or permitted to be given. If mailed, any such notice will be
considered to have been given five (5) business days after it was mailed, as evidenced by the postmark. If delivered by hand, any such notice will be considered given when received by the party to whom notice is given, as evidenced by written and
dated receipt of the receiving party. The mailing address for the parties shall be: 
  
 If to Sabre: 
  
 3150 Sabre Drive, MD 7282 
 Southlake, TX 76092 
 Attn: Vice President of Product Marketing 
  
 With a copy to: 
 3150 Sabre Drive, MD 9105 
 Southlake, TX 76092 
 Attn: General Counsel 
  
 If to TRX: 

6 West Druid Hills Drive 
 Atlanta, GA 30329 
 Attn: President 
  
 18. CONSTRUCTION. The headings herein are for convenience only and will not be considered a part of or affect the construction or interpretation of any provision hereof.
Unless otherwise expressly stated, the word “including” shall mean “including but not limited to.” 
  
 19. MISCELLANEOUS. All obligations hereunder are subject to the receipt of all necessary government approvals. This Agreement
may be executed in counterparts, each of which shall be deemed an original but all of which together will constitute the same instrument. Any waiver of a provision of this Agreement must be in writing and signed by the party to be charged. A valid
waiver hereunder shall not be interpreted to be a waiver of that obligation in the future or any other obligation under this Agreement. 
  
 20. ENTIRE AGREEMENT. This Agreement constitutes the entire agreement between the
parties related to the subject matter thereof, supersedes any prior or contemporaneous agreement between the parties relating to the performance of work under this Agreement. 
  
 [SIGNATURE PAGE FOLLOWS] 
  

 -6- 

  
 IN WITNESS WHEREOF, TRX and
Sabre have executed this Agreement as of the Effective Date: 
  

									
	TRX, INC.	 	 	 	SABRE INC.
					
	 By:
	 	 /s/ Timothy J. Severt
	 	 	 	 By:
	 	 /s/ Gregory T. Webb

	 Name:
	 	 Timothy J. Severt
	 	 	 	 Name:
	 	 Gregory T. Webb

	 Title:
	 	 EVP, Administration
	 	 	 	 Title:
	 	 SVP Product Marketing

  

 -7- 

  
 EXHIBIT
A 
  
 Definitions 
  

	•	 	IUR (Interface User Record) – A user generated message that is created upon each GDS transaction (ticketing or booking). These messages are consolidated into a single Unix
directory on a database server maintained by the customer. 

  

	•	 	InfoCommand Product – Comprises Interface Parser, Database Schema, and Travel Applications with Source Code 

  

	•	 	Delivery – Installation of the Interface Parser, Database Schema, and Travel Applications 

  
 System Description 
  
 InfoCommand Product Components 
  

	•	 	Interface Parser – Application that takes lURs messages from a directory, parses the data into an XML format, and places it into the InfoCommand database.

  
 Interface Parser: 
  
     *     
  
     *     
  
     *     
  

	•	 	Database Schema –     *     

  
 Database Schema Contains: 
  
     *     
  
     *     
  
     *     
  
     *     
  
     *     
  
     *     
  
     *     
  
     *     
  

	•	 	Travel Applications –     *     

  

	1)	Quality control applications 

  

	 	a)	    *     

  

	 	b)	    *     

  

	 	c)	    *     

  

	 	d)	    *     

  

	2)	Data entry 

  

	 	a)	New Sale 

  
     *     
  
     *     
  
     *     
  
     *     
  

	 	b)	Transaction Search 

  
     *     
  
     *     
  
     *     
  

 * CONFIDENTIAL TREATMENT REQUESTED 

     *     
  
     *     
  
     *     
  
     *     
  

	 	c)	Reference Files 

  
     *     
  
     *     
  
     *     
  
     *     
  
     *     
  
     *     
  
     *     
  
     *     
  
     *     
  
     *     
  
     *     
  
     *     
  
     *     
  

	3)	ARC Reconciliation 

  
     *     
  
     *     
  
     *     
  
     *     
  
     *     
  
     *     
  
     *     
  

	4)	Security 

  
     *     
  
     *     
  
     *     
  

	5)	UDID 

  
     *     
  

	 	    *    	

  

	 	    *    	

  

	 	    *    	

  
 Sabre will also deliver to TRX connectivity updates permitting receipt of data from the Amadeus and Galileo Global Distribution Systems and Credit Card Reconciliation functionality when such updates and functionality are made commercially
available by Sabre. Sabre plans to have the Amadeus and Galileo functionality available by     *     In the event the new functionality will not be available by such time, however, Sabre will notify TRX of the
delays with no less than sixty (60) days prior written notice. Such updates and new functionality will be provided at no additional charge and on an “AS IS” basis, with no warranties either express or implied. TRX shall have the option to
perform acceptances tests on the Amadeus and Galileo Global Distribution Systems and Credit Card Reconciliation functionality before incorporating such additional functionality into the System. Upon TRX’s acceptance of such new functionality,
it shall be deemed a part of the System for all purposes herein. 
  
 Payment Schedule 
  

					
	 	  	Fees

	 	Due
Date

	 License Fee
	  	 	 	 
	 •      First Payment
	  	    *    	 	    *    
	 •      Second Payment
	  	    *    	 	    *    
	 •      Final Payment
	  	    *    	 	    *    

 -9- 
  
 * CONFIDENTIAL TREATMENT REQUESTED 

 Maintenance and Professional Services 
  

					
	 	  	Fees

	 	Due Date

	 Annual Maintenance covers updates and industry mandates to the Interface Parser Applications only.
	  	    *    	 	Upon Acceptance
of InfoCommand
	 •      This does not include any new updates to the database schema or the Java Travel Applications
described in the “System Description” section.
	  	 	 	 
			
	 TROUBLESHOOTING SUPPORT DESK AVAILABLE
 M-F 9AM – 5PM CST
	  	    *    	 	Billed Quarterly if
fees incurred
	 •      Any TRX calls made to the Sabre support desk. If the support desk determines the nature of the TRX
issue to be unrelated to the Interface parser, the issue at hand will be the responsibility of TRX to resolve.
	  	 	 	 
			
	 TRX is responsible for performing the following functions:
	  	 	 	 
	 •      All network, database administration and operational support activities, such as, but not limited
to:
	  	 	 	 
	 –       Restarting of parsers
	  	 	 	 
	 –       Back up and restore of interface executables and databases
	  	 	 	 
	 –       Monitoring of interface and database processes
	  	 	 	 
	 –       Addition of disk storage and resizing of databases
	  	 	 	 
	 –       Ensuring adequate disk space for parser directories and databases
	  	 	 	 
	 –       Troubleshooting local and wide area network issues
	  	 	 	 
	
	Consulting
			
	 •      Installation, training, and database conversion and fees incurred before, during, and after initial
installation.
	  	    *    	 	Billed Quarterly
for services
rendered

  
 The hourly rates may be increased by
Sabre after the initial twelve (12) months of the Term upon written notice to TRX. 
  
 Project Schedule 
  
 All the dates and durations provided in the following Project Schedule are estimates. Actual delivery 
 dates and
durations are not guaranteed. 
  
 

 

 -10- 
  
 * CONFIDENTIAL TREATMENT REQUESTED 

  
 EXHIBIT
B 
  
 SECURE PROCEDURES
FOR HANDLING SOURCE CODE 
  
 I. AUTHORIZED EMPLOYEES AND CONTRACTORS. TRX agrees that it will not disclose all or any portion of the Source Code of the System or any
Sabre Revisions thereof (collectively, the “Software Source Code”) to third parties, with the exception of authorized employees (“Authorized Employees”) and authorized contractors (“Authorized Contractors”), who (a)
require access thereto for a purpose authorized by this Agreement, and (b) have signed an employee or contractor agreement in which such employee or contractor agrees to protect third party confidential information. TRX agrees that any breach by any
Authorized Employees and Authorized Contractors of their obligations under such confidentiality agreements shall also constitute a breach by TRX hereunder. In no event may TRX disclose the Software Source Code to a Sabre Competitor. 
  
 II. SOFTWARE SOURCE CODE.

  
 a) Sabre shall mark the Software Source Code as confidential before delivery
to TRX, and TRX shall take reasonable step to properly mark or otherwise appropriately identify that all copies made thereof as Sabre Highly Confidential Information before being made available to Authorized Employees and Authorized Contractors
hereunder. 
  
 b) TRX shall take the same degree of care to prevent the
unauthorized use, dissemination, or publication of the Software Source Code as it uses to protect its own confidential information of a like nature, but in no event shall the safeguards for protecting such Software Source Code be less than a
reasonably prudent business would exercise under similar circumstances. The TRX shall take prompt and appropriate action to prevent unauthorized use or disclosure of the Software Source Code. 
  
 c) TRX shall instruct Authorized Employees and Authorized Contractors not to copy the
Software Source Code on their own, and not to disclose the Software Source Code to anyone not authorized to receive it. 
  
 d) The Software Source Code shall be handled, used, and stored solely at the TRX development site. 
  
 III. TRADE SECRETS. The Software Source Code, including the
techniques, algorithms, and processes contained therein which have been developed, acquired, or licensed by Sabre, or any modification or extraction thereof, constitute trade secrets of Sabre and/or its suppliers, and will be used by TRX only in
accordance with the terms of the Agreement. TRX will take all measures reasonably required to protect the proprietary rights of Sabre and its suppliers in the System and will promptly notify Sabre of any lost or missing items and take all reasonable
steps to recover such items. TRX agrees that it will not attempt to reverse engineer any portion of the System which is provided to the TRX solely in executable code form. 
  
 IV. CERTIFICATION. At Sabre’s request TRX will provide Sabre with written certification by an officer of
TRX of TRX’s compliance with its obligations under the paragraphs entitled “Authorized Employees and Contractors”. 
  
 V. PROPRIETARY RIGHTS AUDIT. Upon no less than ten (10) business days notice,
Sabre shall have access to such portion of TRX’s records and premises to allow Sabre to determine whether TRX is substantially in compliance with this Exhibit and the section entitled “Non-Disclosure” of the Agreement. In no event
shall audits be made hereunder more frequently than once per year. Such access shall be (a) during TRX’s regular business hours, (b) arranged so that, to the extent possible, TRX’s regular business activities are minimally disrupted, and
(c) under the terms of an appropriate confidentiality agreement executed by the individual(s) conducting such audit. If Sabre determines, in good faith, after conducting such audit, TRX is not substantially in compliance with its obligations to
protect Sabre’s proprietary rights, TRX shall pay the costs of such audit. Otherwise, Sabre shall pay the costs of such audit. Such payment will not preclude Sabre from exercising any right that it may have under the Agreement. TRX shall
immediately correct any deficiencies discovered in the course of the audit. 
  
 VI. No Commingling of Technology. TRX SHALL ENSURE THAT THERE IS NO USE OF THE
LICENSED SOFTWARE SOURCE CODE IN THE DESIGN AND DEVELOPMENT OF COMPETITIVE
PRODUCTS. IN FURTHERANCE OF SUCH REQUIREMENT, TRX SHALL ENSURE THERE IS NO
SHARING WITH SUCH DEVELOPMENT ON ANY OF THE FOLLOWING: (I) DESIGN
DOCUMENTS OR SCHEMATICS SUPPLIED BY SABRE; (II) SOFTWARE SOURCE CODE OR
OTHER CONFIDENTIAL INFORMATION; (III) ANY FACILITIES (INCLUDING, BUT NOT LIMITED TO,
COMPUTER SYSTEMS AND NETWORK STORAGE DEVICES); OR (IV) PERSONNEL WITH ACCESS
TO ANY OF (I)-(III) ABOVE. TRX SHALL ENSURE THAT ALL AUTHORIZED
EMPLOYEES WHO HAVE HAD PREVIOUS ACCESS TO SOFTWARE SOURCE CODE WILL
BE PRECLUDED FOR A PERIOD OF 

  

 -11- 

 
TWELVE (12) MONTHS AFTER THEIR LATEST ACCESS TO
SUCH SOFTWARE SOURCE CODE FROM BEING EMPLOYED IN ANY COMPETITIVE PRODUCT
DEVELOPMENT BY OR FOR TRX. 
  
 VII. TRX’s Right to Have Third-Party Security Audits. From time to time TRX’s customers (or their authorized agents) undertake audits of the TRX hardware and software systems to determine the security of such
systems. In the event such customers require access to the Sabre Highly Confidential Information, TRX shall ensure that such party’s are aware of the confidentiality requirements of this agreement and shall have such parties execute
confidentiality agreement prior to such audit. 
  

 -12- 

  
 Exhibit C

 Sublicense Restrictions 
  
 TRX will enter into license agreements with Sublicensees containing, among other things, terms legally sufficient to: 
  
 (i) grant only a non-exclusive, non-transferable right to access and use the
System for Sublicensee’s internal operations only, via a service bureau or ASP format, 
  
 (ii) effectuate a license, not a transfer of ownership, of any intellectual property in the System and preserve all copyright notices and intellectual property rights notices of Sabre, and limit Sabre’s liability
to the amount actually paid by such Sublicensee under the license agreement (with a waiver of indirect and consequential damages consistent with Article 11 of this Agreement), 
  
 (iii) authorize the Sublicensee to make copies of the locally installed portion of the System, if any, for (x) back-up
purposes, and (y) to the extent necessary for the use expressly permitted in (i) above, 
  
 (iv) prohibit transfer by the Sublicensee of the License to any other party or disclosure, transfer or access by any third party, 
  
 (v) prohibit any export or re-export by such entity of the System without all necessary export licenses from the United
States Government, and any other applicable jurisdiction, 
  
 (vi)
prohibit reverse assembly, reverse compilation, reverse engineering or other translation of the System, 
  
 (vii) include the following statements or other legally sufficient and wholly comparable terms: 
  
 (x) the System is provided in part from a third party
licensor. Sublicensee acknowledges that, the third party is an intended beneficiary of those provisions of the license agreement relating to warranty disclaimers and limitation of remedies. 
  
 (y) SUBLICENSEE DISCLAIMS ALL WARRANTIES WITH RESPECT TO THE
USE OF THE SOFTWARE, INCLUDING WITHOUT LIMITATION, ANY WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE. 
  
 (z) Sublicensee shall not disclose any Confidential Information provided under the license agreement, including without limitation, the
System and associated documentation. 
  

 -13- 

  
 EXHIBIT D

 Service Level Agreement 
  

	1.0	Definitions 

  
 Capitalized terms in this Attachment have the following meanings. 
  
 1.1 Error Report (“ER”) is the completed form that is used to report suspected code or documentation errors, and to request their correction. 
  
 1.2 ER Severity Levels are designations assigned by Sabre personnel to
Errors to indicate the seriousness of the Error based on the impact that the Error has to TRX’s operation: 
  
 a. Severity 1 is a critical problem. TRX cannot use the application or there is a critical impact on the customer’s operations that requires
immediate attention; 
  
 b. Severity 2 is a major problem.
TRX can use the application, but an important function is not available or the customer’s operations are severely impacted; 
  
 c. Severity 3 is a minor problem. TRX can use the application with some functional restrictions, but it does not have a severe or critical impact
on TRX’s operations; and 
  
 d. Severity 4 is a minor
problem that is not significant to TRX operations. TRX may be able to circumvent the problem. 
  
 1.3 Error Correction Times are the objectives that Sabre seeks to achieve for resolution of errors and distribution of the correction to the TRX. 
  
 All severity items refer to the InfoCommand Parser only and only issues that are applicable to all Sabre customers of the
parser will be addressed. Custom solutions involving the InfoCommand Parser will not be handled by Sabre. All issues reported by TRX will be logged into a Problem Management Record (PMR) and assigned one of the following severity ratings:

  
 a. “Severity 1” requires attention until an
emergency fix or bypass is developed and available for shipment to TRX. Sabre will promptly respond and work on the error until a fix, bypass or other resolution is completed. Sabre will endeavor to provide a status of efforts to resolve a Severity
1 error every eight (8) hours . 
  
 b. “Severity 2”
will be resolved as quickly as reasonably possible in a non-emergency situation. These errors will be addressed in a reasonable time after any Severity 1 errors have been resolved; 
  
 c. “Severity 3” will be addressed with the next scheduled maintenance update; and 
  
 d. “Severity 4” will be addressed in subsequent maintenance
updates. 
  
 Sabre agrees to use its commercially reasonable efforts to resolve
Severity 1 and 2 Errors as promptly as possible. 
  
 1.4 Maintenance Level
Service is the service provided when TRX identifies an Error. 
  
 a. Level 1 is the service provided in response to TRX’s initial phone call identifying an error. 
  
 b. Level 2 is the service provided to reproduce and attempt to correct the error or to find that Sabre cannot reproduce the error. 
  
 c. Level 3 is the service provided to isolate the error at the
component level of the code. Sabre distributes the Error correction or circumvention or gives notice if no Error correction or circumvention is found. 
  
 1.8 Problem Determination is the process of determining whether a problem is being caused by hardware, software or documentation. 
  

 -14- 

 1.9 Problem Management Record (“PMR”) is a record created when a customer makes the
initial support request. This record becomes a part of the Problem Management System database and records the essential information about the customer question or problem. 
  
 1.10 Problem Management System (“PMS”) is an internal Sabre system used to record data about the reported question or
problem. The PMS will be used to provide management reports of the call activity, and the recording and tracking of all questions and problems to final resolution. 
  
 1.11 Problem Source Identification is the process of determining which software or documentation component is failing or attributing
the failure to some external cause such as TRX error or no trouble found. 
  
 1.12
Response Time - Sabre will acknowledge receipt of all help desk inquiries within the same business day. 
  

	2.0	Maintenance and Support Responsibilities 

  
 The Maintenance and Support services provided hereunder will apply only to the Interface Parser module of the System, as delivered. All such services will be provided on
a time and material basis in accordance with Section 4(c) of the Agreement. 
  
 2.1 Sabre will staff the help desk with trained technicians during its standard help desk hours, currently being Monday through Friday, 9 a.m. to 5 p.m. CST. 
  
 2.2 TRX will initiate requests for support by contacting Sabre. Sabre will perform the following maintenance Level 1 support
responsibilities, as described below. Sabre will: 
  

	(a)	Create the PMR; 

  

	(b)	Obtain from TRX a description of the problem, and verify its severity; 

  

	(c)	Provide the available resolution if the problem if known; 

  

	(d)	If no resolution, pass the PMR to Level 2; and 

  

	(e)	Update the PMR, documenting Level 1 actions. 

  
 2.3 Sabre will perform the following Level 2 and Level 3 support responsibilities. 
  

	a.	Level 2. Sabre will: 

  

	(1)	Receive the PMR/ER from Level 1; 

  

	(2)	Analyze problem symptoms and gather additional data from the customer as required; 

  

	(3)	Recreate the problem on its systems; 

  

	(4)	Determine the cause of the Error; 

  

	(5)	Attempt a bypass or circumvention for Severity 1 and 2 problems; 

  

	(6)	If no resolution is available, and the problem appears to be a newly discovered code or documentation Error, create an ER record, which may be one and the same with the PMR.

  

	(7)	Obtain additional information or materials TRX to support Level 3 Problem Determination, Problem Source Identification and problem resolution; and 

  

	(8)	Update the PMR, documenting Level 2 actions. 

  

	b.	Level 3. Sabre will: 

  

	(1)	Receive the ER/PMR and supporting documentation and materials; 

  

	(2)	Analyze the problem symptoms and diagnose the suspected error, 

  

	(3)	Notify Level 2 if additional information, materials or documentation required; 

  

	(4)	Attempt to recreate the problem, if required; 

  

	(5)	Assist Level 2 in attempting to develop a bypass or circumvention for Severity 1 and 2 problems; 

  

 -15- 

	(6)	Determine if error corrections are required to the application; 

  

	(7)	Provide error corrections to TRX; 

  

	(8)	Provide resolution to ERs according to the assigned ER Severity Level and the mutually agreed upon Sabre/TRX timetable; 

  

	(9)	Receive technical questions, and supporting documentation and materials; 

  

	(10)	Close out the problem record with TRX. 

  
 2.6 On an as-needed basis, as determined by Sabre, Sabre will provide an update to the application that incorporates all error corrections and any modifications and
enhancements. 
  
 2.7 Sabre will maintain procedures to ensure that new Error
corrections are compatible with previous Error corrections. 
  

	3.0	Failure to Meet Service Level Agreement 

  
 In the event Sabre fails to meet the terms of this Service Level Agreement, TRX shall be entitled, as its sole and exclusive remedy, to receive a discount of fifty
percent (50%) off of the hourly rate charged by Sabre for the specific services in question. 
  

 -16- 

																			
	 DRAFT: as of Jan __ 2003
	  	Sabre InfoCommand/TRX Project Plan
										
	 ID

	  	 Task Name

	  	Resource _

	  	 Duration

	  	 Start

	  	 Finish

	  	 Actual Start

	  	 Actual Finish

	  	 Pred

	  	 Succ

	1	  	 Sabre InfoCommand/TRX Project
	  	 	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    
	2	  	 Begin Project
	  	 	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    
	3	  	 Gate 1 - Core InfoCommand License Agreement
	  	 	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    
	4	  	 Sales send License Agreement to TRX for signature
	  	EMT	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    
	5	  	 Receive signed License Agreement from TRX
	  	MAG, EMT	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    
	6	  	 Core InfoCommand License Agreement Signature Complete
	  	MAG, EMT	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    
	7	  	 TRX Payment Schedule for Core InfoCommand Product Components
	  	 	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    
	8	  	 First Payment - Due upon Contract signing
	  	EMT	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    
	9	  	 Second Payment - Due prior to delivery of product source c
	  	EMT	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    
	10	  	 Third Payment - Final Contract Payment
	  	EMT	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    
	11	  	 TRX Schedule for Payment Complete
	  	EMT	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    
	12	  	 Gate 1 Complete - approval to proceed to Gate 2
	  	EMT, MAG	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    
	13	  	 Gate 2-Activities at Sabre
	  	 	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    
	14	  	 Sabre - TRX InfoCommand Core Components Code Walk Through
	  	 	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    
	15	  	 Prepare Sabre Code Walk Through Agenda For Core Components (Travel Apps)
	  	DAK	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    
	16	  	 Give: Sabre Code Walk Through Agenda to TRX for review
	  	LAD	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    
	17	  	 Conduct Sabre Code Walk Through with TRX representative___
	  	DAK	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    
	18	  	 Give: TRX outline for source code delivery
	  	LAD	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    
	19	  	 Sabre TRX Code Walk Through Complete
	  	LAD	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    
	20	  	 Site Installation Plans (Sabre/TRX) Checklist
	  	 	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    
	21	  	 Prepare document Site Installation Plan
	  	LAT, DAK	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    
	22	  	 Give: TRX copy of Sabre Site Installation Plan
	  	LAD	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    
	23	  	 Get: Copy from TRX Site Installation Plan
	  	LAD	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    
	24	  	 Get: Agenda for TRX on site User and Technical trainin__
	  	EMT, LAD	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    
	25	  	 Site Installation Plans (Sabre/TRX) Complete
	  	LAD	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    
	26	  	 Training Documentation
	  	 	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    
	27	  	 Give: TRX training documentation
	  	MAG	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    
	28	  	 Training Documentation Complete
	  	MAG	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    
	29	  	 TRX System Requirements
	  	 	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    
	30	  	 Determine on site current configuration for replicate TA for interface
	  	EMT	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    
	31	  	 Order placed for TA/PCC for replicate Interface (TASK NOT REQUIRED)
	  	EMT	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    
	32	  	 TRX Site Requirements Complete
	  	EMT	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    

  
 Project schedule is estimated and
not guaranteed. 

 Page 1 
  
 * CONFIDENTIAL TREATMENT REQUESTED 

																			
	 DRAFT: as of Jan __ 2003
	  	Sabre InfoCommand/TRX Project Plan
										
	 ID

	  	 Task Name

	  	 Resource _

	  	 Duration

	  	 Start

	  	 Finish

	  	 Actual Start

	  	 Actual Finish

	  	 Pred

	  	 Succ

	 33
	  	 TRX Acquire Hardware/Software for Sabre on site Test
	  	 	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    
	 34
	  	 Give: Sabre provide TRX documentation for configuration for Unix Server
	  	DAK	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    
	 35
	  	 Give: Sabre provide TRX documentation for configuration for Web Server
	  	DAK	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    
	 36
	  	 Get: Notification of order placement and delivery for Unix Sun Server for Sabre Site
	  	EMT, TRX	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    
	 37
	  	 Get: Notification of order placement and delivery for Oracle 91 for Sabre Site Test
	  	EMT, TRX	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    
	 38
	  	 Get: Notification from TRX of Hardware/Software return method (TRX fully responsible for equipment and its return
shipment)
	  	EMT	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    
	 39
	  	 TRX Acquire Hardware/Software for Sabre on site Test Complete
	  	EMT	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    
	 40
	  	 TRX On Site Hardware/Software
	  	 	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    
	 41
	  	 Get Notification of order placement and delivery TRX Site Unix Server
	  	EMT, MAG	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    
	 42
	  	 Get Notification of order placement and delivery TRX Site Web Server
	  	EMT, MAG	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    
	 43
	  	 TRX On Site Hardware/Software Complete
	  	EMT, MAG	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    
	 44
	  	 Sabre Lab Initial Setup
	  	 	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    
	 45
	  	 Obtain desktop and configure for Web Server
	  	DAK	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    
	 46
	  	 Get: Interface Messages from TRX (Sabre)
	  	JEG	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    
	 47
	  	 Prepare and document agenda for testing
	  	DAK	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    
	 48
	  	 Give: TRX Agenda for Sabre Site Test
	  	DAK	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    
	 49
	  	 Setup Lab for Sabre Site Test
	  	DAK, LAT	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    
	 50
	  	 Sabre Lab Initial Setup Complete
	  	DAK	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    
	 51
	  	 Sabre Site Test
	  	 	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    
	 52
	  	 TRX designated Resources onsite at Sabre for Site Test
	  	LAD	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    
	 53
	  	 Get: TRX Unix Server for Sabre Site Test
	  	DAK	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    
	 54
	  	 Get: Oracle 91 from TRX for Sabre Site Test
	  	DAK	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    
	 55
	  	 Conduct Sabre Site Test
	  	DAK	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    
	 56
	  	 Sabre document results Sabre Site Test
	  	DAK	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    
	 57
	  	 Give: TRX results from Sabre Site Test
	  	LAD	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    
	 58
	  	 Sabre Site Test Complete
	  	DAK	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    
	 59
	  	 Customer Acceptance Test Criteria
	  	 	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    
	 60
	  	 Give: Sabre provide Gap Analysis (TravelBase/infoCom
	  	LAD	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    
	 61
	  	 Get: TRX criteria for Customer Acceptance Test
	  	EMT	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    
	 62
	  	 Customer Acceptance Test Criteria Complete
	  	EMT	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    
	 63
	  	 Gate 2 Complete - approval to proceed to Gate 3
	  	EMT, TRX	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    

  
 Project schedule is estimated and
not guaranteed. 

 Page 2 
  
 * CONFIDENTIAL TREATMENT REQUESTED 

																			
	 DRAFT: as of Jan __ 2003
	  	Sabre lnfoCommand/TRX Project Plan
										
	 ID

	  	 Task Name

	  	 Resource _

	  	 Duration

	  	 Start

	  	 Finish

	  	 Actual Start

	  	 Actual Finish

	  	 Pred

	  	 Succ

	 64
	  	 Gate 3 - Activities at TRX
	  	 	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    
	 65
	  	 TRX Site Installation
	  	 	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    
	 66
	  	 Get Notification TRX site ready hardware and Sabre replicate interface
	  	EMT, SOC	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    
	 67
	  	 Get: Notification TRX ready for WorldSpan replicate inti____
	  	EMT, SOC	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    
	 68
	  	 Sabre arrives on site for installation
	  	LAT, MAC	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    
	 69
	  	 Sabre evaluate hardware/software configuration according to Installation Plan
	  	DAK, LAT	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    
	 70
	  	 Sabre install and configure InfoCommand database
	  	LAT	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    
	 71
	  	 Sabre install interface parser, configure and test connectivity on Sabre and WorldSpan
	  	DAK	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    
	 72
	  	 Sabre install InfoCommand Applications
	  	DAK	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    
	 73
	  	 Give: TRX begin parallel systems TravelBase &. InfoCommand
	  	DAK	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    
	 74
	  	 TRX Site Installation Complete
	  	DAK, LAT	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    
	 75
	  	 Data Conversion from TravelBase to InfoCommand
	  	 	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    
	 76
	  	 Get: TRX TravelBase Server to begin conversion process 5PM
	  	LAT	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    
	 77
	  	 Give: Return TRX TravelBase Server by 8AM
	  	LAT	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    
	 78
	  	 Sabre begin data conversion of 13 months TravelBase data
	  	LAT	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    
	 79
	  	 Data Conversion from TravelBase to InfoCommand Compete
	  	LAD	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    
	 80
	  	 TRX Site Training
	  	 	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    
	 81
	  	 Sabre conduct onsite Technical Training
	  	LAT	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    
	 82
	  	 Give: TRX source code turnover
	  	DAK	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    
	 83
	  	 Give: Support Contact Number for Interface Parsers
	  	DAK	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    
	 84
	  	 Sabre conduct onsite User Training
	  	MAC	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    
	 85
	  	 TRX Site Training Complete
	  	LAD	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    
	 86
	  	 TRX Customer Acceptance Test
	  	TRX, EMT	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    
	 87
	  	 Get: TRX Customer Acceptance Notification
	  	TRX, EMT	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    
	 88
	  	 TRX Customer Acceptance test Complete
	  	TRX, EMT	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    
	 89
	  	 Gate 3 - Activities at TRX Complete
	  	EMT, TRX	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    
	 90
	  	 Sabre Billing Other Charges
	  	 	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    
	 91
	  	 Consulting/Installation Charges
	  	 	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    
	 92
	  	 Determine Consulting/Installation charges
	  	LAD	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    
	 93
	  	 Generate & send Invoice to TRX for Consulting/Installation ___
	  	EMT	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    
	 94
	  	 Sabre Receive Payment from TRX for Consulting/Installation
	  	EMT	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    
	 95
	  	 Sabre Billing Consulting/Installation Complete
	  	EMT	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    	  	    *    

  
 Project schedule is estimated and
not guaranteed. 

 Page 3 
  
 * CONFIDENTIAL TREATMENT REQUESTED 

																			
	 DRAFT: as of Jan __ 2003
	  	Sabre InfoCommand/TRX Project Plan
										
	 ID

	  	 Task Name

	  	Resource _

	  	Duration

	 	Start

	 	Finish

	 	Actual Start

	 	Actual Finish

	 	Pred

	 	Succ

	 96
	  	 Annual Maintenance Charges
	  	 	  	    *    	 	    *    	 	    *    	 	    *    	 	    *    	 	    *    	 	    *    
	 97
	  	 Give: Sales Notification to kick off Annual Maintenance Billing to TRX
	  	EMT	  	    *    	 	    *    	 	    *    	 	    *    	 	    *    	 	    *    	 	    *    
	 98
	  	 Get: Receive Annual Maintenance Fee from TRX
	  	EMT	  	    *    	 	    *    	 	    *    	 	    *    	 	    *    	 	    *    	 	    *    
	 99
	  	 Annual Maintenance Charges Complete
	  	EMT	  	    *    	 	    *    	 	    *    	 	    *    	 	    *    	 	    *    	 	    *    
	 100
	  	 Project Ends
	  	 	  	    *    	 	    *    	 	    *    	 	    *    	 	    *    	 	    *    	 	    *    
	 101
	  	 Sabre InfoCommand/TRX Project COMPLETE
	  	 	  	    *    	 	    *    	 	    *    	 	    *    	 	    *    	 	    *    	 	    *    

  
 Project schedule is estimated and
not guaranteed. 

 Page 4 
  
 * CONFIDENTIAL TREATMENT REQUESTED

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00088-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00088-of-00352.parquet"}]]