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Exhibit 10.8  

 
 

REGISTRATION RIGHTS AGREEMENT    
    

        This Registration Rights Agreement (this "Agreement") is entered into effective as of June 8, 2007, by and
between PROS Holdings, Inc., a Delaware corporation (the "Company"), Ronald F. Woestemeyer
("Mr. Woestemeyer") and Mariette M. Woestemeyer ("Mrs. Woestemeyer" and together with
Mr. Woestemeyer, the "Stockholders", and each individually a "Stockholder"). 

 
 

WITNESSETH    
    

        WHEREAS, the Company and the Stockholders have entered into that certain Mutual Release and Settlement Agreement, dated December 31, 1998 (the
"Mutual Release"); 

        WHEREAS,
the Stockholders hold shares of common stock, par value $0.001 per share, of the Company ("Common Stock") and warrants
exercisable for Common Stock; 

        WHEREAS,
the Company and certain investors of the Company contemplated granting the Stockholders piggyback registration rights with respect to the Common Stock currently held and herein
after acquired by the Stockholders (the "Shares") in connection with the Mutual Release; and 

        WHEREAS,
the parties now desire to enter into this Agreement to provide for such registration rights in respect of the Shares. 

 
 

AGREEMENT    
    

        NOW, THEREFORE, in consideration of the premises and the mutual covenants and conditions herein contained, the parties do hereby agree as follows. 

        1.    Registration Rights.    The parties covenant and agree as follows: 

        1.1    Definitions.    As used in this Agreement, the terms defined in the preamble and recitals hereto and otherwise
herein shall have the respective meanings set forth therein and herein, and the following terms shall have the following meanings: 

        "Act" means the Securities Act of 1933, as amended. 

        "Register", "registered" and
"registration" refer to a registration effected by preparing, and filing a registration statement or similar document in compliance with the Act and
applicable rules and regulations thereunder, and the declaration or ordering of effectiveness by the SEC of such registration statement or document. 

        "SEC" means the Securities and Exchange Commission. 

        1.2    Company Registration.    If (but without any obligation to do so) at any time or from time to time after the
date hereof and on or before such date when a Stockholder can transfer the balance of such Stockholder's shares pursuant to Rule 144 under the Act and a public market exists for such
securities, the Company proposes to register for its own account any of its Common Stock (other than an initial public offering or a registration relating either solely to the sale of securities to
participants in a Company stock option, stock purchase or similar plan or solely to an SEC Rule 145 or similar transaction), the Company shall, at such time, promptly give to the Stockholders
written notice thereof. Upon the written request of a Stockholder given within twenty (20) days after the receipt of such notice given by the Company, the Company shall, subject to the
provisions of Section 1.6, cause to be included in such registration (and any related qualification under Blue Sky laws or other compliance
thereunder), and in any underwriting involved therein, all of the Shares that such Stockholder has requested to be registered. The written request made by a Stockholder as referred to in this  Section 1.2 may specify that only a part of the Shares be included in the Company's registration. 

 

        1.3    Obligations of the Company.    Whenever required under this  Section 1 to effect the registration of any retained Shares,
 the Company shall, as expeditiously as reasonably practicable: 

        (a)   Prepare
and file with the SEC a registration statement with respect to such Shares and use its reasonable efforts to cause such registration statement to become
effective and keep such registration statement effective for up to ninety (90) days. 

        (b)   Prepare
and file with the SEC such amendments and supplements to such registration statement and the prospectus used in connection with such registration statement as
may be necessary to comply with the provisions of the Act with respect to the disposition of all securities covered by such registration statement. 

        (c)   Furnish
to the Stockholders a prospectus, including a preliminary prospectus, in conformity with the requirements of the Act, and such other documents as he may
reasonably request in order to facilitate the disposition of Shares owned by him. 

        (d)   Use
its reasonable efforts to register and qualify the securities covered by such registration statement under such other securities or Blue Sky laws of such
jurisdictions as shall be reasonably requested by such Stockholder, provided that the Company shall not be required in connection therewith or as a condition thereto to qualify to do business or to
file a general consent to service of process in any such states or jurisdictions. 

        (e)   In
the event of any underwritten public offering, enter into and perform its obligations under an underwriting agreement, in usual and customary form, with the
underwriter of such offering, it being understood and agreed in such regard that the Stockholders also shall enter into and perform their obligations under such an agreement. 

        (f)    At
any time when a prospectus relating thereto is required to be delivered under the Act, notify the Stockholders of the happening of any event as a result of which the
prospectus included in such registration statement, as then in effect, includes an untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to
make the statements therein not misleading in the light of the circumstances then existing. 

        1.4    Furnish Information.    The Stockholders shall furnish to the Company such information regarding themselves,
the Shares held by him and the intended method of disposition of such Shares as shall be reasonably required to effect the registration of such Shares. 

        1.5    Expenses.    The Company shall bear and pay all expenses incurred by the Company in connection with any
registration, filing or qualification of Shares with respect to registrations pursuant to Section 1.2 for each Stockholder, including all
registration, filing and qualification fees, printers and accounting fees, and fees and disbursements of counsel to the Company, relating or apportionable thereto, but excluding underwriting discounts
and commissions relating to Shares and any fees and disbursements of counsel to each Stockholder. 

        1.6    Underwriting Requirements.    In connection with any offering involving an underwriting of shares being issued
by the Company, the Company shall not be required under Section 1.2 to include any of the Shares in such underwriting unless each Stockholder
accepts the terms of the underwriting as agreed upon between the Company and the underwriter selected by it. If the underwriter or the Company determines that marketing factors require a limitation on
the number of shares to be offered, the underwriter or the Company may exclude from such registration and underwriting some or all of the Shares which would otherwise be registered. If the number of
shares to be registered is reduced, then the number of shares that may be included in the registration on behalf of any persons or entities asserting registration rights shall be allocated first among
the holders of registrable securities obtained upon the conversion of a security of the Company with rights, preferences or privileges senior to those of the Common Stock and then 

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among
the remaining holders of Common Stock. If a Stockholder has requested registration under Section 1.2, the Company shall advise such
Stockholder as promptly as practicable of such exclusion. If such Stockholder disapproves of the terms of any such underwriting, such Stockholder may elect to withdraw therefrom by written notice to
the Company and the underwriter. Any Shares excluded or withdrawn from such underwriting shall be withdrawn from such registration. 

        1.7    Delay of Registration.    None of the Stockholders shall have any right to obtain or seek an injunction
restraining or otherwise delaying any such registration as the result of any controversy or dispute that arises with respect to the interpretation or implementation of this  Section 1. 

        1.8    Indemnification.    In the event any Shares are included in a registration statement under this  Section 1: 

        (a)   To
the extent permitted by law, the Company will indemnify and hold harmless each Stockholder from and against any losses, claims, damages, expenses or liabilities to
which he may become subject under the Act, the Securities Exchange Act of 1934, as amended (the "1934 Act"), or other federal or state law, insofar as
such losses, claims, damages, expenses or liabilities (or actions in respect thereof)
arise out of or are based upon any of the following statements, omissions or violations (collectively a "Violation"); (i) any untrue statement or
alleged untrue statement of a material fact contained in such registration statement, including any preliminary prospectus or final prospectus contained therein or any amendments or supplements
thereto, or any other documents prepared by the Company and incident thereto, (ii) the omission or alleged omission to state therein a material fact required to be stated therein, or necessary
to make the statements therein not misleading, or (iii) any violation or alleged violation by the Company of the Act, the 1934 Act, any state securities law or any rule or regulation
promulgated under the Act, the 1934 Act or any state securities law; and the Company will pay as incurred to a Stockholder any legal or other expenses reasonably incurred by him in connection with
investigating or defending any such loss, claim, damage, expense, liability or action; provided, however, that the indemnity agreement contained in this  Section 1.8(a) shall not apply to amounts
paid or fees or expenses incurred in settlement of any such loss, claim, damage, liability, expense or
action if such settlement is effected without the written consent of the Company, nor shall the Company be liable to any Stockholder in any such case for any such loss, claim, damage, expanse,
liability or action to the extent that it arises out of or is based upon a Violation which occurs in reliance upon information furnished for use in connection with such registration by such
Stockholder, provided further that in no event shall any indemnity obligation under this Section 1.8(a) exceed the net proceeds from the offering
received by the Company. 

        (b)   To
the extent permitted by law, each Stockholder will indemnify and hold harmless the Company and each other selling stockholder and their respective directors,
officers, stockholders, members, partners, affiliates, successors and assigns who have signed the registration statement, each person, if any, who controls the Company within the meaning of the Act,
any underwriter, and each of its officers, directors and partners and any controlling person of any such underwriter, from and against any losses, claims, damages, or liabilities to which any of the
foregoing persons may become subject under the Act, the 1934 Act or other federal or state law, insofar as such losses, claims, damages, expenses or liabilities (or actions in respect thereto) arise
out of or are based upon any Violation, in each case to the extent (and only to the extent) that such Violation occurs in reliance upon information furnished to the Company by such Stockholder or his
agents or representatives for use in connection with such registration; and such Stockholder will pay, as incurred, any legal or other expenses reasonably incurred by any person intended to be
indemnified pursuant to this Section 1.8(b), in connection with investigating or defending any such loss, claim, damage, expense, liability or
action; provided, however, that the indemnity agreement contained in this Section 1.8(b) shall 

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not
apply to amounts paid in settlement of any such loss, claim, damage, expense, liability or action if such settlement is effected without the consent of each Stockholder, which consent will not be
unreasonably withheld or delayed. 

        (c)   Promptly
after receipt by an indemnified party under this Section 1.8 of notice of the commencement of any action
(including any governmental action), such indemnified party will, if a claim in respect thereof is to be made against any indemnifying party under this  Section 1.8, deliver to the indemnifying party a written notice of the commencement thereof and the indemnifying party shall have the right to
participate in, and, to the extent the indemnifying party so desires, jointly with any other indemnifying party similarly noticed, to assume the defense thereof with counsel mutually satisfactory to
the parties; provided, however, that an indemnified party shall have the right to retain its own counsel, with the reasonable fees and expenses of such counsel to be paid by the indemnifying party, if
representation of
such indemnified party by the counsel retained by the indemnifying party would be inappropriate due to actual or potential differing interests between such indemnified party and any other party
represented by such counsel in such proceeding. The failure to deliver written notice to the indemnifying party within a reasonable time of the commencement of any such action, if, and only if,
seriously prejudicial to its ability to defend such action, shall relieve such indemnifying party of any liability to the indemnified party under this  Section 1.8, but the omission so to deliver
written notice to the indemnifying party will not relieve it of any liability that it may have to any
indemnified party otherwise than under this Section 1.8. 

        (d)   If
the obligations of the Company and/or the Stockholders under this Section 1.8 should conflict with the
obligations of the parties as provided in any underwriting agreement, then the obligations of the parties as provided in such underwriting agreement shall control. 

        2.    Notices.    All notices, requests, consents, and other communications under this Agreement shall be in writing
and shall be delivered by hand, or mailed by first class certified or registered mail, return receipt requested, postage prepaid, to the Company and the Stockholders at their respective addresses set
forth below: 

	 	 	If to the Company:	 	PROS Holdings, Inc.

3100 Main Street, Suite #900

Houston, TX 77002

Attention: President
	

 	
 	

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

 	
 	

 	
 	

DLA Piper US LLP

1221 S. MoPac Expressway

Suite 400

Austin, TX 78746-7650

Attention: John J. Gilluly III
	

 	
 	

If to the Stockholders:	
 	

Mr. Ronald F. Woestemeyer

3980 Inverness Dr.

Houston, TX 77019
	

 	
 	

 	
 	

Mrs. Mariette M. Woestemeyer

3980 Inverness Dr.

Houston, TX 77019

Any
party may change its address for purposes hereof by notice to the other party in the manner provided above. 

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        3.    Amendments and Waivers.    Except as otherwise provided in this Agreement, the terms and provisions of this
Agreement may not be modified or amended except in a writing executed by the Company and both of the Stockholders. No waivers of or exceptions to any term, condition or provision of this Agreement, in
any one or more instances, shall be deemed to be, or construed as, a further or continuing waiver of any such term, condition or provision. 

        4.    Entire Agreement.    With respect to the subject matter hereof, this Agreement embodies the entire agreement and
understanding between the Stockholders and the Company. 

        5.    Counterparts.    This Agreement maybe executed in several counterparts, each of which shall be deemed in
original, but all of which together shall constitute one and the same instrument. 

        6.    Headings.    The headings of the sections, subsections and paragraphs of this Agreement have been added for
convenience only and shall not bc deemed to be a part of this Agreement. 

        7.    Severability.    Any provision of this Agreement which is invalid or unenforceable in any jurisdiction shall be
ineffective to the extent of such invalidity or unenforceability without invalidating or rendering unenforceable the remaining provisions of this Agreement, and, to the extent permitted by law, any
determination of invalidity or unenforceability in any jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction. 

        8.    Assignment.    Neither this Agreement nor any of the rights or obligations of any Stockholder or the Company
provided herein may be assigned, sold, pledged, hypothecated or otherwise transferred by any Stockholder without the prior written consent of the Company. This Agreement shall inure to the benefit of
and be binding upon the respective heirs, personal representatives, successors and permitted assigns of the parties. 

        9.    Governing Law.    This Agreement shall be governed by and construed in accordance with the laws of the State of
Delaware without reference to its principles of conflicts of law. 

 
 

[Remainder of Page Intentionally Left Blank]

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        IN WITNESS WHEREOF, the undersigned have hereunto set their hands as of the day and year first above written. 

	 	 	COMPANY:
	

 	
 	

PROS HOLDINGS, INC.
	

 	
 	

By:	

/s/  CHARLES H. MURPHY      

	 	 	Name:	Charles H. Murphy

	 	 	Title:	Chief Financial Officer

	

 	
 	
STOCKHOLDERS:
	

 	
 	

/s/  RONALD F. WOESTEMEYER      
 Ronald F. Woestemeyer
	

 	
 	

/s/  MARIETTE M. WOESTEMEYER      
 Mariette M. Woestemeyer

 
 

Signature Page to Woestemeyer Registration Rights Agreement    
    

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REGISTRATION RIGHTS AGREEMENT

WITNESSETH

AGREEMENT

[Remainder of Page Intentionally Left Blank]

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Exhibit 10.16  

 
 

INDEMNIFICATION AGREEMENT    
    

        This Agreement made and entered into this            day
of                        , (the "Agreement"), by and
between PROS Holdings, Inc., a Delaware corporation (the "Company," which term shall include, where appropriate, any Entity (as hereinafter
defined) controlled, directly or indirectly, by the Company) and                        (the "Indemnitee"): 

        WHEREAS,
it is essential to the Company that it be able to retain and attract as directors and executive officers the most capable persons available; 

        WHEREAS,
increased corporate litigation has subjected directors and executive officers to litigation risks and expenses, and the limitations on the availability of directors and officers
liability insurance have made it increasingly difficult for the Company to attract and retain such persons; 

        WHEREAS,
the Company's By-laws as amended and in effect from time to time (the "By-laws") require it to indemnify
its directors and executive officers to the fullest extent permitted by law and permit it to make other indemnification arrangements and agreements; 

        WHEREAS,
the Company desires to provide Indemnitee with specific contractual assurance of Indemnitee's rights to full indemnification against litigation risks and expenses (regardless,
among other things, of any amendment to or revocation of the Company's Certificate of Incorporation as amended and in effect from time to time (the "Certificate of
Incorporation") or By-laws or any change in the ownership of the Company or the composition of its Board of Directors); 

        WHEREAS,
the Company intends that this Agreement provide Indemnitee with greater protection than that which is provided by the Company's By-laws; and 

        WHEREAS,
Indemnitee is relying upon the rights afforded under this Agreement in becoming or continuing as a director or executive officer of the Company. 

        NOW,
THEREFORE, in consideration of the promises and the covenants contained herein, the Company and Indemnitee do hereby covenant and agree as follows: 

        1.    Definitions.    

	(a)
	"Corporate Status" describes the status of a person who is serving or has served (i) as a director of the Company,
(ii) as an executive officer of the Company, (iii) in any capacity with respect to any employee benefit plan of the Company, or (iv) as a director, partner, trustee, officer,
employee, or agent of any other Entity at the request of the Company. For purposes of subsection (iv) of this Section 1(a), if Indemnitee
is serving or has served as a director, partner, trustee, officer, employee or agent of a Subsidiary, Indemnitee shall be deemed to be serving at the request of the Company.

	(b)
	"Entity" shall mean any corporation, partnership, limited liability company, joint venture, trust, foundation, association,
organization or other legal entity.

	(c)
	"Enterprise" shall mean the Company and any other corporation, partnership, joint venture, trust, employee benefit plan or other
enterprise of which Indemnitee is or was serving at the request of the Company as a director, officer, employee, agent or fiduciary. 

 

	(d)
	"Expenses" shall mean all fees, costs and expenses incurred by Indemnitee in connection with any Proceeding (as defined below),
including, without limitation, attorneys' fees, disbursements and retainers (including, without limitation, any such fees, disbursements and retainers incurred by Indemnitee pursuant to  Sections 13 and
14(c) of this Agreement), fees and disbursements of expert witnesses, private
investigators and professional advisors (including, without limitation, accountants and investment bankers), court costs, transcript costs, fees of experts, travel expenses, duplicating, printing and
binding costs, telephone and fax transmission charges, postage, delivery services, secretarial services, and other disbursements and expenses.

	(e)
	"Indemnifiable Amounts" shall have the meaning ascribed to that term in  Section 3 below.

	(f)
	"Liabilities" shall mean judgments, damages, liabilities, losses, penalties, excise taxes, fines and amounts paid in settlement.

	(g)
	"Proceeding" shall mean any threatened, pending or completed claim, action, suit, arbitration, alternate dispute resolution process,
investigation, administrative hearing, appeal, or any other proceeding, whether civil, criminal, administrative, arbitrative or investigative, whether formal or informal, including a proceeding
initiated by Indemnitee pursuant to Section 13 of this Agreement to enforce Indemnitee's rights hereunder.

	(h)
	"Subsidiary" shall mean any corporation, partnership, limited liability company, joint venture, trust or other Entity of which the
Company owns (either directly or through or together with another Subsidiary of the Company) either (i) a general partner, managing member or other similar interest or
(ii) (A) 50% or more of the voting power of the voting capital equity interests of such corporation, partnership, limited liability company, joint venture or other Entity, or
(B) 50% or more of the outstanding voting capital stock or other voting equity interests of such corporation, partnership, limited liability company, joint venture or other Entity. 

        2.    Services of Indemnitee.    In consideration of the Company's covenants and commitments hereunder, Indemnitee
agrees to serve or continue to serve as a director or executive officer of the Company. However, this Agreement shall not impose any obligation on Indemnitee or the Company to continue Indemnitee's
service to the Company beyond any period otherwise required by law or by other agreements or commitments of the parties, if any. Indemnitee may at any time and for any reason resign from such position
(subject to any other contractual obligation or any obligation imposed by operation of law), upon which event the Company shall have no obligation under this Agreement to continue Indemnitee in such
position. Notwithstanding the forgoing, this Agreement shall continue in force after Indemnitee has ceased to serve as a director or executive officer of the Company. 

        3.    Indemnity in Third-Party Proceedings.    The Company shall indemnify Indemnitee in accordance with the
provisions of this Section 3 if Indemnitee is, or is threatened to be made, by reason of Indemnitee's Corporate Status, a party to or a
participant in any Proceeding, other than a Proceeding by or in the right of the Company to procure a judgment in its favor. Pursuant to this  Section 3, Indemnitee shall be indemnified against all
Expenses and Liabilities actually and reasonably incurred by Indemnitee or on his behalf
in connection with such Proceeding or any claim, issue or matter therein (indemnifiable Expenses and Liabilities collectively referred herein as "Indemnifiable
Amounts"), if Indemnitee acted in good faith and in a manner he reasonably believed to be in or not opposed to the best interests of the Company and, in the case of a criminal
Proceeding, had not reasonable cause to believe that his conduct was unlawful. Indemnitee shall not enter into any settlement in connection with a Proceeding without the consent of the Company, which
shall not be unreasonably held or delayed. 

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        4.    Indemnity in Proceedings by or in the Right of the Company.    The Company shall indemnify Indemnitee in
accordance with the provisions of this Section 4 if Indemnitee is, or is threatened to be made, by reason of Indemnitee's Corporate Status, a
party to or a participant in any Proceeding by or in the right of the Company to procure a judgment in its favor. Pursuant to this Section 4,
Indemnitee shall be indemnified against all Expenses actually and reasonably incurred by him or on his behalf in connection with such Proceeding or any claim, issue or matter therein, if Indemnitee
acted in good faith and in a manner he reasonably believed to be in or not opposed to the best interests of the Company. No indemnification for Expenses shall be made under this  Section 4 in
respect of any claim, issue or matter as to which Indemnitee shall have been finally adjudged by a court to be liable to the
Company, unless and only to the extent that the Delaware Court of Chancery (the "Delaware Chancery Court") or any court in which the Proceeding was
brought shall determine upon application that, despite the adjudication of liability, but in view of all the circumstances of the case, Indemnitee is fairly and reasonably entitled to indemnification
for such Expenses as the Delaware Chancery Court or such other court shall deem proper. 

        5.    Indemnification for Expenses of a Party Who is Wholly or Partly Successful.    If Indemnitee is not wholly
successful in such Proceeding but is successful, on the merits or otherwise, as to one or more but less than all claims, issues or matters in such Proceeding, the Company shall indemnify Indemnitee
against: (a) all Expenses reasonably incurred by Indemnitee or on Indemnitee's behalf in connection with each successfully resolved claim, issue or matter; and (b) any claim, issue or
matter related to any such successfully resolved claim, issue or matter. For purposes of this Agreement, the termination of any claim, issue or matter in such a Proceeding by dismissal, with or
without prejudice, by reason of settlement, judgment, order or otherwise, shall be deemed to be a successful result as to such claim, issue or matter. 

        6.    Procedure for Payment of Indemnifiable Amounts.    Indemnitee shall submit to the Company a written request
specifying the Indemnifiable Amounts for which Indemnitee seeks payment under Sections 3, 4 or 5 of this Agreement and the basis for the claim. The
Company shall pay such Indemnifiable Amounts to Indemnitee promptly upon receipt of its request. At the request of the Company, Indemnitee shall furnish such documentation and information as are
reasonably available to Indemnitee and necessary to establish that Indemnitee is entitled to indemnification hereunder. 

        7.    Indemnification For Expenses of a Witness.    Notwithstanding any other provision of this Agreement, to the
extent that Indemnitee is, by reason of his Corporate Status, a witness in any Proceeding to which Indemnitee is not a party, he shall be indemnified against all Expenses actually and reasonably
incurred by him or on his behalf in connection therewith. 

        8.    Effect of Certain Resolutions.    Neither the settlement or termination of any Proceeding nor the failure of the
Company to award indemnification or to determine that indemnification is payable shall create a presumption that Indemnitee is not entitled to indemnification hereunder. In addition, the termination
of any proceeding by judgment, order, settlement, conviction, or upon a plea of nolo contendere or its equivalent shall not create a presumption that
Indemnitee did not act in good faith and in a manner which Indemnitee reasonably believed to be in or not opposed to the best interests of the Company or, with respect to any criminal Proceeding, had
reasonable cause to believe that Indemnitee's action was unlawful. 

        9.    Exclusions.    Notwithstanding any provision in this Agreement to the contrary, the Company shall not be
obligated under this Agreement to make any indemnity in connection with any claim made against Indemnitee: 

	(a)
	for
which payment has actually been made to or on behalf of Indemnitee under any insurance policy or other indemnity provision, except with respect to any excess beyond the amount
paid under any insurance policy or other indemnity provisions; 

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	(b)
	for
an accounting of profits made from the purchase and sale (or sale and purchase) by Indemnitee of securities of the Company within the meaning of Section 16(b) of the
Securities Exchange Act of 1934, as amended, or similar provisions of state statutory law or common law; or

	(c)
	for
which payment is prohibited by applicable law. 

        10.    Agreement to Advance Expenses; Undertaking.    The Company shall advance all Expenses incurred by or on behalf
of Indemnitee in connection with any Proceeding, including a Proceeding by or in the right of the Company, in which Indemnitee is involved by reason of such Indemnitee's Corporate Status within thirty
(30) calendar days after the receipt by the Company of a written statement from Indemnitee requesting such advance or advances from time to time, whether prior to or after final disposition of
such Proceeding. Advances shall be unsecured and interest free. Advances shall be made without regard to Indemnitee's ability to repay the expenses and without regard to Indemnitee's ultimate
entitlement to indemnification under the other provisions of this Agreement. To the extent required by Delaware law, Indemnitee hereby undertakes to repay any and all of the amount of indemnifiable
Expenses paid to Indemnitee if it is finally determined by a court of competent jurisdiction that Indemnitee is not entitled under this Agreement to indemnification with respect to such Expenses. This
undertaking is an unlimited general obligation of Indemnitee. 

        11.    Procedure for Advance Payment of Expenses.    Indemnitee shall submit to the Company a written request
specifying the Expenses for which Indemnitee seeks an advancement under Section 10 of this Agreement, together with documentation evidencing that
Indemnitee has incurred such Expenses (which shall include invoices received by Indemnitee in connection with such Expenses but, in the case of invoices in connection with legal services, any
reference to legal work performed or to expenditures made that would cause Indemnitee to waive any privilege accorded by applicable law shall not be included with the invoice). Advances under  Section 10 shall be made no later than thirty (30) calendar days after the Company's receipt of such request. If a claim for advancement
of Expenses hereunder by Indemnitee is not paid in full by the Company within thirty (30) calendar days after receipt by the Company of documentation of Expenses and the required undertaking,
Indemnitee may at any time thereafter bring suit against the Company to recover the unpaid amount of the claim and if successful in whole or in part, Indemnitee shall also be entitled to be paid the
expenses of prosecuting such claim. The burden of proving that Indemnitee is not entitled to an advancement of expenses shall be on the Company. 

        12.    Presumptions and Effect of Certain Proceedings.    

	(a)
	In
making a determination required to be made under Delaware law with respect to entitlement to indemnification hereunder, the person, persons or entity making such determination
shall presume that Indemnitee is entitled to indemnification under this Agreement if Indemnitee has submitted a request for indemnification in accordance with  Section 6 of this Agreement, and the
Company shall have the burden of proof to overcome that presumption in connection with the making of any
determination contrary to that presumption. Neither the failure of the Company or of any person, persons or entity to have made a determination prior to the commencement of any action pursuant to this
Agreement that indemnification is proper in the circumstances because Indemnitee has met the applicable standard of conduct, nor an actual determination by the Company or by any person, persons or
entity that Indemnitee has not met such applicable standard of conduct, shall be a defense to the action or create a presumption that Indemnitee has not met the applicable standard of conduct. 

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	(b)
	The
termination of any Proceeding or of any claim, issue or matter therein, by judgment, order, settlement or conviction, or upon a plea of nolo
contendere or its equivalent, shall not (except as otherwise expressly provided in this Agreement) of itself adversely affect the right of Indemnitee to indemnification or
create a presumption that Indemnitee did not act in good faith and in a manner which he reasonably believed to be in or not opposed to the best interests of the Company or, with respect to any
criminal Proceeding, that Indemnitee had reasonable cause to believe that his conduct was unlawful.

	(c)
	For
purposes of any determination of good faith, Indemnitee shall be deemed to have acted in good faith if Indemnitee's action is based on the records or books of account of the
Enterprise, including financial statements, or on information supplied to Indemnitee by the officers of the Enterprise in the course of their duties, or on the advice of legal counsel for the
Enterprise or the Board of Directors or counsel selected by any committee of the Board of Directors or on information or records given or reports made to the Enterprise by an independent certified
public accountant or by an appraiser, investment banker or other expert selected with reasonable care by the Company or the Board of Directors or any committee of the Board of Directors. The
provisions of this Section 12(c) shall not be deemed to be exclusive or to limit in any way the other circumstances in which the Indemnitee may
be deemed to have met the applicable standard of conduct set forth in this Agreement.

	(d)
	The
knowledge and/or actions, or failure to act, of any director, officer, agent or employee of the Enterprise shall not be imputed to Indemnitee for purposes of determining the right
to indemnification under this Agreement. 

        13.    Remedies of Indemnitee.    

	(a)
	Right to Petition Court. In the event that Indemnitee makes a request for payment of Indemnifiable Amounts under  Sections 3, 4 and 5 above or a request for an advancement of Expenses under Sections 10 and 11 above and
the Company fails to make such payment or advancement in a timely manner pursuant to the terms of this Agreement, Indemnitee may petition the Delaware Chancery Court to enforce the Company's
obligations under this Agreement.

	(b)
	Burden of Proof. In any judicial proceeding brought under Section 13(a) above,
the Company shall have the burden of proving that Indemnitee is not entitled to payment of Indemnifiable Amounts hereunder.

	(c)
	Expenses. The Company agrees to reimburse Indemnitee in full for any Expenses incurred by Indemnitee in connection with investigating,
preparing for, litigating, defending or settling any action brought by Indemnitee under Section 13(a) above, or in connection with any claim or
counterclaim brought by the Company in connection therewith, if Indemnitee is successful in whole or in part in connection with any such action.

	(d)
	Failure to Act Not a Defense. The failure of the Company (including its Board of Directors or any committee thereof, independent legal
counsel, or stockholders) to make a determination concerning the permissibility of the payment of Indemnifiable Amounts or the advancement of indemnifiable Expenses under this Agreement shall not be a
defense in any action brought under Section 13(a) above, and shall not create a presumption that such payment or advancement is not permissible. 

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        14.    Defense of the Underlying Proceeding.    

	(a)
	Notice by Indemnitee. Indemnitee agrees to notify the Company promptly upon being served with any summons, citation, subpoena,
complaint, indictment, information, or other document relating to any Proceeding which may result in the payment of Indemnifiable Amounts or the advancement of Expenses hereunder; provided, however,
that the failure to give any such notice shall not disqualify Indemnitee from the right, or otherwise affect in any manner any right of Indemnitee, to receive payments of Indemnifiable Amounts or
advancements of Expenses unless the Company's ability to defend in such Proceeding is materially and adversely prejudiced thereby.

	(b)
	Defense by Company. Subject to the provisions of the last sentence of this  Section 14(b) and of
Section 14(c) below, the Company shall have the right to defend
Indemnitee in any Proceeding which may give rise to the payment of Indemnifiable Amounts hereunder; provided, however that the Company shall notify Indemnitee of any such decision to defend within
thirty (30) calendar days of receipt of notice of any such Proceeding under Section 14(a) above. The Company shall not, without the prior
written consent of Indemnitee, consent to the entry of any judgment against Indemnitee or enter into any settlement or compromise which (i) includes an admission of fault of Indemnitee or
(ii) does not include, as an unconditional term thereof, the full release of Indemnitee from all liability in respect of such Proceeding, which release shall be in form and substance reasonably
satisfactory to Indemnitee. This Section 14(b)shall not apply to a Proceeding brought by Indemnitee under  Section 13(a) above or pursuant to
Section 22 below.

	(c)
	Indemnitee's Right to Counsel. Notwithstanding the provisions of  Section 14(b)above, if in a
Proceeding to which Indemnitee is a party by reason of Indemnitee's Corporate Status, (i) Indemnitee
reasonably concludes that he or she may have separate defenses or counterclaims to assert with respect to any issue which may not be consistent with the position of other defendants in such
Proceeding, (ii) a conflict of interest or potential conflict of interest exists between Indemnitee and the Company, or (iii) if the Company fails to assume the defense of such
proceeding in a timely manner, Indemnitee shall be entitled to be represented by a separate legal counsel of Indemnitee's choice at the expense of the Company. In addition, if the Company fails to
comply with any of its obligations under this Agreement or in the event that the Company or any other person takes any action to declare this Agreement void or unenforceable, or institutes any action,
suit or proceeding to deny or to recover from Indemnitee the benefits intended to be provided to Indemnitee hereunder, Indemnitee shall have the right to retain a counsel of Indemnitee's choice, at
the expense of the Company, to represent Indemnitee in connection with any such matter. 

        15.    Representations and Warranties of the Company.    The Company hereby represents and warrants to Indemnitee as
follows: 

	(a)
	Authority. The Company has all necessary power and authority to enter into, and be bound by the terms of, this Agreement, and the
execution, delivery and performance of the undertakings contemplated by this Agreement have been duly authorized by the Company.

	(b)
	Enforceability. This Agreement, when executed and delivered by the Company in accordance with the provisions hereof, shall be a legal,
valid and binding obligation of the Company, enforceable against the Company in accordance with its terms, except as such enforceability may be limited by applicable bankruptcy, insolvency,
moratorium, reorganization or similar laws affecting the enforcement of creditors' rights generally. 

6

 

        16.    Insurance.    The Company shall, from time to time, make the good faith determination whether or not it is
practicable for the Company to obtain and maintain a policy or policies of insurance with a reputable insurance company providing the Indemnitee with coverage for losses from wrongful acts. For so
long as Indemnitee shall remain a director or executive officer of the Company and with respect to any such prior service, in all policies of director and officer liability insurance, Indemnitee shall
be named as an insured in such a manner as to provide Indemnitee the same rights and benefits as are accorded to the most favorably insured of the Company's officers and directors. Notwithstanding the
foregoing, the Company shall have no obligation to obtain or maintain such insurance if the Company determines in good faith that such insurance is not reasonably available, if the premium costs for
such insurance are disproportionate to the amount of coverage provided, or if the coverage provided by such insurance is limited by exclusions so as to provide an insufficient benefit. The Company
shall promptly notify Indemnitee of any good faith determination not to provide such coverage. 

        17.    Contract Rights Not Exclusive.    The rights to payment of Indemnifiable Amounts and advancement of
indemnifiable Expenses provided by this Agreement shall be in addition to, but not exclusive of, any other rights which Indemnitee may have at any time under applicable law, the Company's Certificate
of Incorporation or By-laws, or any other agreement, vote of stockholders or directors (or a committee of directors), or otherwise, both as to action in Indemnitee's official capacity and
as to action in any other capacity as a result of Indemnitee's serving as a director or executive officer of the Company. 

        18.    Successors.    This Agreement shall be (a) binding upon all successors and assigns of the Company
(including any transferee of all or a substantial portion of the business, stock and/or assets of the Company and any direct or indirect successor by merger or consolidation or otherwise by operation
of law) and (b) binding on and shall inure to the benefit of the heirs, personal representatives, executors and administrators of Indemnitee. This Agreement shall continue for the benefit of
Indemnitee and such heirs, personal representatives, executors and administrators after Indemnitee has ceased to have Corporate Status. 

        19.    Subrogation.    In the event of any payment of Indemnifiable Amounts under this Agreement, the Company shall be
subrogated to the extent of such payment to all of the rights of contribution or recovery of Indemnitee against other persons, and Indemnitee shall take, at the request of the Company, all reasonable
action necessary to secure such rights, including the execution of such documents as are necessary to enable the Company to bring suit to enforce such rights. 

        20.    Change in Law.    To the extent that a change in Delaware law (whether by statute or judicial decision) shall
permit broader indemnification or advancement of expenses than is provided under the terms of the By-laws and this Agreement, Indemnitee shall be entitled to such broader indemnification
and advancements, and this Agreement shall be deemed to be amended to such extent. 

        21.    Severability.    Whenever possible, each provision of this Agreement shall be interpreted in such a manner as
to be effective and valid under applicable law, but if any provision of this Agreement, or any clause thereof, shall be determined by a court of competent jurisdiction to be illegal, invalid or
unenforceable, in whole or in part, such provision or clause shall be limited or modified in its application to the minimum extent necessary to make such provision or clause valid, legal and
enforceable, and the remaining provisions and clauses of this Agreement shall remain fully enforceable and binding on the parties. 

7

 

        22.    Indemnitee as Plaintiff.    Except as provided in  Section 13(c) of this Agreement and in the next sentence, Indemnitee
shall not be entitled to payment of Indemnifiable Amounts or advancement of
indemnifiable Expenses with respect to any Proceeding brought by Indemnitee against the Company, any Entity which it controls, any director or officer thereof, or any third party, unless the Board of
Directors of the Company has consented to the initiation of such Proceeding. This Section 22 shall not apply to counterclaims or affirmative
defenses asserted by Indemnitee in an action brought against Indemnitee. 

        23.    Modifications and Waiver.    Except as provided in  Section 20 above with respect to changes in Delaware law which
broaden the right of Indemnitee to be indemnified by the Company, no supplement,
modification or amendment of this Agreement shall be binding unless executed in writing by each of the parties hereto. No waiver of any of the provisions of this Agreement shall be deemed or shall
constitute a waiver of any other provisions of this Agreement (whether or not similar), nor shall such waiver constitute a continuing waiver. 

        24.    General Notices.    All notices, requests, demands and other communications hereunder shall be in writing and
shall be deemed to have been duly given (a) when delivered by hand, (b) when transmitted by facsimile and receipt is acknowledged, or (c) if mailed by certified or registered mail
with postage prepaid, on the third business day after the date on which it is so mailed: 

	

 (i)    If to Indemnitee, to:	
 	

 
	

 	
 	

	
 	

 
	

 	
 	

	
 	

 
	

 	
 	

	
 	

 
	

 	
 	

	
 	

 
	

(ii)    If to the Company, to:	
 	

 
	

 	
 	

PROS Holdings, Inc.

3100 Main Street, Suite #900

Houston, TX 77002

Attn: General Counsel

Telephone: (713) 335-5151

or
to such other address as may have been furnished in the same manner by any party to the others. 

8

 

        25.    Governing Law; Consent to Jurisdiction; Service of Process.    This Agreement shall be governed by and
construed in accordance with the laws of the State of Delaware without regard to its rules of conflict of laws. Each of the Company and the Indemnitee hereby irrevocably and unconditionally consents
to submit to the exclusive jurisdiction of the Delaware Chancery Court and the courts of the United States of America located in the State of Delaware (the "Delaware
Courts") for any litigation arising out of or relating to this Agreement and the transactions contemplated hereby (and agrees not to commence any litigation relating thereto
except in such courts), waives any objection to the laying of venue of any such litigation in the Delaware Courts and agrees not to plead or claim in any Delaware Court that such litigation brought
therein has been brought in an inconvenient forum. Each of the parties hereto agrees, (a) to the extent such party is not otherwise subject to service of process in the State of Delaware, to
appoint and maintain an agent in the State of Delaware as such party's agent for acceptance of legal process, and (b) that service of process may also be made on such party by prepaid certified
mail with a proof of mailing receipt validated by the United States Postal Service constituting evidence of valid service. Service made pursuant to (a) or (b) above shall have the same
legal force and effect as if served upon such party personally within the State of Delaware. For purposes of implementing the parties' agreement to appoint and maintain an agent for service of process
in the State of Delaware, each such party does hereby appoint The Corporation Trust Company, 1209 Orange Street, Wilmington, New Castle County, Delaware 19801, as such agent and each such party hereby
agrees to complete all actions necessary for such appointment. 

[signature
page follows] 

9

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

	

 	
 	

PROS Holdings, Inc.
	

 	
 	

By:	
 	

    

	 	 	 	 	Name:
	 	 	 	 	Title:
	

 	
 	

INDEMNITEE
	

 	
 	

    

QuickLinks

INDEMNIFICATION AGREEMENT

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