Document:

THIRD AMENDMENT

 

THIS THIRD AMENDMENT (this “Amendment”)
dated as of July 30, 2013 is by and among the Borrowers identified on the signature pages hereto (the “Borrowers”),
the Guarantors identified on the signature pages hereto (the “Guarantors”), the Lenders identified on the signature
pages hereto and Bank of America, N.A., as Administrative Agent (in such capacity, the “Administrative Agent”).

 

WITNESSETH

 

WHEREAS, credit facilities have been extended
to the Borrowers pursuant to the Amended and Restated Credit Agreement (as amended, modified, supplemented, increased and extended
from time to time, the “Credit Agreement”) dated as of July 29, 2005 among the Borrowers, the Lenders identified
therein and the Administrative Agent;

 

WHEREAS, the Guarantors guaranteed the obligations
of the Borrowers under the Credit Agreement pursuant to the Guaranty dated as of July 30, 2010 among the Guarantors and the Administrative
Agent; and

 

WHEREAS, the Borrowers have requested certain
modifications to the Credit Agreement and all the Lenders have agreed to the requested modifications on the terms and conditions
set forth herein.

 

NOW, THEREFORE, IN CONSIDERATION of the
premises and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto
agree as follows:

 

1.         Defined Terms. Capitalized
terms used herein but not otherwise defined herein shall have the meanings provided to such terms in the Credit Agreement.

 

2.         Amendment.
In the definition of “Maturity Date” in Section 1.1 of the Credit Agreement the reference to “July 31, 2013”
is amended to read “September 30, 2013”.

 

Notwithstanding
the foregoing, the Borrowers may terminate the Credit Agreement at any time prior to the Maturity Date upon notice to the Administrative
Agent, and the Borrowers shall not be liable for any termination or cancellation fee or penalty or any other form of premium or
penalty in connection with such early termination (other than any amounts required under Section 3.5 of the Credit Agreement
in connection with the prepayment of Eurocurrency Rate Committed Loans).  In addition, upon such
termination (and concurrent repayment of all amounts owing under the Loan Documents) Borrowers shall not be obligated to pay any
fees for any days ending after the date of such termination.

 

    	 

    	 

    

 

3.         Conditions Precedent. This
Amendment shall be effective as of the date hereof upon execution of this Amendment by the Loan Parties and all the Lenders.

 

4.         Reaffirmation
of Obligations. Each Loan Party (a) acknowledges and consents to all of the terms and conditions of this Amendment, (b) affirms
all of its obligations under the Loan Documents and (c) agrees that this Amendment and all documents executed in connection herewith
do not operate to reduce or discharge such Loan Party’s obligations under the Loan Documents.

 

5.         Reaffirmation
of Security Interests. Each Loan Party (a) affirms that each of the Liens granted in or pursuant to the Loan Documents are
valid and subsisting and (b) agrees that this Amendment shall in no manner impair or otherwise adversely effect any of the Liens
granted in or pursuant to the Loan Documents.

 

6.         No Other Changes. Except as
modified hereby, all of the terms and provisions of the Loan Documents shall remain in full force and effect.

 

7.         Counterparts; Delivery. This
Amendment may be executed in any number of counterparts, each of which when so executed and delivered shall be deemed an original
and it shall not be necessary in making proof of this Amendment to produce or account for more than one such counterpart. Delivery
of an executed counterpart of this Amendment by facsimile or other electronic imaging means shall be effective as an original.

 

8.         Governing Law. This Amendment
shall be deemed to be a contract made under, and for all purposes shall be construed in accordance with, the laws of the State
of Maryland.

 

[Signature Pages Follow]

 

    	 

    	 

    

 

IN WITNESS WHEREOF, each of the parties
hereto has caused a counterpart of this Third Amendment to be duly executed and delivered as of the date first above written.

 

	BORROWERS:	MICROS-FIDELIO (IRELAND) LTD,
	 	a corporation organized under the laws of Ireland
	 	MICROS FIDELIO SYSTEMS (UK) LTD.,
	 	a company organized under the laws of England
	 	MICROS FIDELIO ESPAÑA S.L.,
	 	a company organized under the laws of Spain
	 	MICROS FIDELIO (CANADA), LTD.,
	 	a corporation under the laws of British Columbia, Canada
	 	MICROS FIDELIO BRAZIL, LTDA., a corporation under the laws of Brazil
	 	MICROS FIDELIO FRANCE S.A.S.,
	 	a company organized under the laws of France
	 	HOSPITALITY TECHNOLOGIES, S.A.,
	 	a corporation under the laws of Argentina
	 	MICROS¬FIDELIO MEXICO S.A. DE C.V.,
	 	a company organized under the laws of Mexico
	 	MICROS SYSTEMS HOLDING GMBH,
	 	a limited liability company under the laws of the Federal Republic of Germany
	 	MICROS FIDELIO GMBH,
	 	a limited liability company under the laws of the Federal Republic of Germany
	 	MICROS FIDELIO SOFTWARE PORTUGAL UNIPESSOAL LDA,
	 	a company formed under the laws of Portugal
	 	MICROS FIDELIO (THAILAND) CO., LTD.,
	 	a company organized under the laws of Thailand
	 	MICROS FIDELIO SINGAPORE PTE LTD.,
	 	a company organized under the laws of Singapore
	 	MICROS FIDELIO SOFTWARE (PHILIPPINES), INC.,
	 	a corporation under the laws of the Philippines
	 	MICROS FIDELIO JAPAN LTD., a company organized under the laws of Japan
	 	MICROS FIDELIO AUSTRALIA PTY. LTD.,
	 	a company organized under the laws of Australia
	 	MICROS FIDELIO HONG KONG, LTD.,
	 	a company organized under the laws of Hong Kong
	 	MICROS-FIDELIO FINLAND OY,
	 	a company organized under the laws of Norway
	 	MICROS-FIDELIO SWEDEN A.B., a corporation under the laws of Sweden
	 	HOTELBK, A.B., a corporation under the laws of Sweden

 

	 	By:	 	 
	 	 	 
	 	Name:
	 	Title:

  

[Signature Pages Continue]

 

    	 

    	 

    

 

	GUARANTOR:	MICROS SYSTEMS, INC., a Maryland corporation

 

	 	By:	 	 
	 	Name:
	 	Title:

 

	 	DV TECHNOLOGY HOLDINGS CORPORATION, a Delaware corporation
	 	DATAVANTAGE CORPORATION, an Ohio corporation
	 	MICROS-FIDELIO WORLDWIDE, INC., a Nevada corporation
	 	JTECH COMMUNICATIONS, INC., a Delaware corporation
	 	FRY, INC., a Michigan corporation
	 	TIG GLOBAL, LLC, a Delaware limited liability company

 

	 	By:	 	 
	 	Name:
	 	Title:

 

[Signature Pages Continue]

 

    	 

    	 

    

 

	ADMINISTRATIVE AGENT:	BANK OF AMERICA, N.A., as Administrative Agent

 

	 	By:	 	 
	 	Name:
	 	Title:

 

	LENDERS:	BANK OF AMERICA, N.A., as a Lender

 

	 	By:	 	 
	 	Name:
	 	Title:
	 	 
	 	WELLS FARGO BANK, N.A.
	 	 
	 	By:	 	 
	 	Name:
	 	Title:
	 	 
	 	U.S. BANK NATIONAL ASSOCIATION
	 	 
	 	By:	 	 
	 	Name:
	 	Title:WARRANT AGREEMENT

 

THIS WARRANT AGREEMENT(this “
Agreement”), dated as of August 19, 2013, is entered into by and between Piksel, Inc., a Delaware corporation
(the “Corporation”), and Continental Stock Transfer & Trust Company, a New York corporation (the
“Warrant Agent”).

 

WHEREAS, pursuant
to the terms and conditions of the Third Amended Plan of Reorganization, dated August 6, 2013, as the same may be amended,
modified or restated from time to time (the “Plan”) relating to the reorganization of the Corporation
under chapter 11 of title 11 of the United States Code (the “Bankruptcy Code”), the Corporation, on August
16, 2013, issued warrants (each a “Warrant,” and collectively, the “Warrants”)
to holders of KDI Common Stock (as defined in the Plan) in exchange for such interests; pursuant to the Plan, the Warrants shall
be exercisable until the Expiration Date (as defined below) and will enable holders thereof to purchase up to an aggregate number
of 61,054,157 shares of the Corporation’s Series A-2 Common Stock (the “Series A-2 Common Stock”)
at an exercise price of $0.205 per share (the “Exercise Price”);

 

WHEREAS, the Warrants have been
issued pursuant to an offering in reliance on the exemption afforded by section 1145 of the Bankruptcy Code from the
registration requirements of the Securities Act of 1933, as amended (the “Securities Act”), and of
any applicable state securities or “blue sky” laws; 

 

WHEREAS, the Corporation desires
the Warrant Agent to act on behalf of the Corporation, and the Warrant Agent is willing to so act, in connection with the issuance,
registration and exercise of the Warrants;

 

WHEREAS, the Corporation
desires to provide for the form and provisions of the Warrant Certificate (as defined below) and the Warrants, the terms upon
which shall govern the Warrants issued by the Corporation and the respective rights, limitation of rights and immunities of
the Corporation, the Warrant Agent and the holders of the Warrants; and

 

WHEREAS, all acts and things have
been done and performed which are necessary to make the Warrants evidenced by the Warrant Certificate, when executed on behalf
of the Corporation and countersigned by or on behalf of the Warrant Agent, as provided herein, the valid, binding and legal obligations
of the Corporation, and to authorize the execution and delivery of this Agreement.

 

NOW, THEREFORE, in consideration
of the mutual agreements herein contained, the parties hereto agree as follows:

 

    	 

    	 

    

 

1.           Appointment
of Warrant Agent. The Corporation hereby appoints the Warrant Agent to act as agent for the Corporation in connection with
the Warrants, and the Warrant Agent hereby accepts such appointment and agrees to perform the same in accordance with the terms
and conditions set forth in this Agreement.

 

2.           Warrants.

 

2.1         Form
of Warrant. Each warrant certificate (the “Warrant Certificate”) have been (a) issued
in registered form only, (b) in substantially the form of Exhibit A hereto, the provisions of which
are incorporated herein and (c) signed by, or bear the facsimile signature of, the Chief Executive Officer or the Chief
Financial Officer and the Secretary of the Corporation. In the event the person whose signature or facsimile signature has
been placed upon any Warrant Certificate shall have ceased to serve in the capacity in which such person signed the
Warrant Certificate before such Warrant Certificate is issued, it may be issued with the same effect as if he or she had not
ceased to be such at the date of issuance.

 

2.2         Effect
of Countersignature. Unless and until the Warrant Certificate is countersigned by the Warrant Agent pursuant to this
Agreement, a Warrant shall be invalid and of no effect and may not be exercised by the holder thereof.

 

2.3         Registration.

 

2.3.1           Warrant
Register. The Warrant Agent shall maintain books (the “Warrant Register”) for the
registration of the issuance of the Warrant Certificates. Upon the issuance of the Warrant Certificates, the Warrant Agent
issued and registered the Warrants in the names of the respective holders thereof in such denominations and otherwise in
accordance with instructions delivered to the Warrant Agent by the Corporation.

 

2.3.2           Registered
Holder. The Corporation and the Warrant Agent may deem and treat the person in whose name such Warrant Certificate shall
be registered upon the Warrant Register (the “registered holder”) as the absolute owner of such Warrant
Certificate and of each Warrant represented thereby (notwithstanding any notation of ownership or other writing on the
Warrant Certificate made by anyone other than the Corporation or the Warrant Agent), for the purpose of any exercise thereof,
and for all other purposes, and neither the Corporation nor the Warrant Agent shall be affected by any notice to the
contrary.

 

3.           Terms
and Exercise of Warrants.

 

3.1        Exercise
Price. Each Warrant Certificate shall, when countersigned by the Warrant Agent, entitle the registered holder thereof, subject
to the provisions of such Warrant Certificate and of this Warrant Agreement, to purchase from the Corporation the number of shares
of Series A-2 Common Stock stated therein at the Exercise Price until the Expiration Date.

 

    	2

    	 

    

 

3.2         Duration
of Warrants. Subject to Section 3.3.2 below, a Warrant may be exercised at any time on any Business Day (as
defined below) only during the period (“Exercise Period”) commencing on the date hereof and
terminating at 5:00 P.M., New York City time on September 18, 2013 (the “Expiration Date”). Each
Warrant not exercised on or before the Expiration Date shall become void, and all rights thereunder and all rights in respect
thereof under this Agreement shall cease at the close of business on the Expiration Date. As used herein the term
“Business Day” means any day other than Saturday, Sunday or other day on which commercial banks in
the City of New York are authorized or required by law or executive order to remain closed.

 

3.3        
Exercise of Warrants.

 

3.3.1           Payment.
Subject to the provisions of the Warrant Certificate and this Warrant Agreement, a Warrant may be exercised by the registered
holder thereof when the Warrant Certificate is countersigned by the Warrant Agent and surrendered at the office of the Warrant
Agent, or at the office of its successor as Warrant Agent, in the Borough of Manhattan, City and State of New York, with the election
form attached to the Warrant Certificate or the beneficial owner election form received by beneficial owners through their broker
or nominees (each, an “Election Form”), attached hereto as Exhibits B and C,
respectively, duly executed, and, subject to Section 3.3.2 below, by paying in full the Exercise Price for each full share
of Series A-2 Common Stock as to which the Warrant is exercised and any and all applicable taxes due in connection with the exercise
of the Warrant, by certified or official bank check or by bank wire transfer in immediately available funds, in each case payable
to the order of the Warrant Agent (or as otherwise agreed to by the Corporation). To the extent applicable, the aggregate Exercise
Price shall be rounded up to the nearest penny.

 

3.3.2       Oversubscription
Right.

 

(a)
           To the extent that a registered holder of a Warrant (other
than any member of the Plan Sponsor Group (as defined in the Plan)) exercises a Warrant in full in accordance with this Agreement
and the terms of his, her or its Warrant Certificate (an “Electing Holder”), such Electing Holder shall
have the right, but not the obligation, to elect on the Election Form (an “Oversubscription Election”)
to exercise a number of Warrants not exercised by the Expiration Date (the “Remaining Warrants”). Any
Oversubscription Election must be made in accordance with the terms of the Warrant Certificate and the formula set forth in Section
3.3.2(b) below, at the time of such Electing Holder’s exercise of his, her or its Warrant.

 

(b)            Each
Electing Holder shall have the right to check the “Oversubscription Box” on the Election Form, thereby electing to
exercise a number of Remaining Warrants rounded up to the nearest whole number (the “Oversubscription Shares”)
equal to a maximum of the product of (x) the Electing Holder’s percentage ownership of KDI Common Stock as of the Distribution
Record Date (as defined in the Plan) times (y) the number of shares of Effective Date Common Stock (as defined below), less
the number of shares of KDI Common Stock held by the Electing Holder as of the Distribution Record Date. For the purpose of this
Section 3.3.2(b), “Effective Date Common Stock” means the number of shares of Class B and Series
A-1 Common Stock distributed pursuant to the Plan on the Effective Date.

 

(c)           To
the extent that an Electing Holder makes an Oversubscription Election, such Electing Holder shall pay the aggregate Exercise Price
for the Oversubscription Shares such Electing Holder has elected to receive pursuant to the formula set forth in Section 3.3.2(b)
above, in the same manner and the at the same time such Electing Holder makes payment for the exercise of its registered Warrant(s)
pursuant to Section 3.3.1 above. If an Electing Holder is not issued the number of Oversubscription Shares that such Electing
Holder elected to receive, any amounts paid to the Warrant Agent in respect of such unissued shares shall be returned to such Electing
Holder promptly by mail without interest or deduction.

 

    	3

    	 

    

 

3.3.3     
Issuance of Certificates.

 

(a)
           To the extent that any Warrants (including
Remaining Warrants pursuant to an Oversubscription Election) are exercised in accordance with the terms of this Agreement and
the terms of the Warrant Certificate, as soon as practicable after the Expiration Date and the clearance of the funds in
payment of the aggregate Exercise Price, including for any Oversubscription Shares, the Corporation shall issue to the
Electing Holder a certificate or certificates representing the number of full shares of Series A-2 Common Stock to which he,
she or it is entitled, registered in the name or names that the Warrant being so exercised is registered. Such Series A-2
Common Stock issuable upon the exercise of the Warrants (including any Remaining Warrants pursuant to an
Oversubscription Election) shall result in holders thereof receiving one (1) share for every one (1) Warrant or Remaining
Warrant exercised, subject to the limitation in Section 3.3.2 hereof. Warrants (including Remaining Warrants) may not
be exercised by, or securities issued to, any registered holder in any state in which such exercise or issuance would be
unlawful.

 

(b)
           In no event shall the Corporation be required to “net
cash settle” the exercise of any Warrants, whether pursuant to an initial exercise or Oversubscription Election.

 

3.3.4       Valid
Issuance. All shares of Series A-2 Common Stock issued upon the proper exercise of a Warrant or Remaining Warrant in
conformity with this Agreement shall be validly issued, fully paid and non assessable.

 

3.3.5       Date
of Issuance. Each person in whose name any such certificate for shares of Series A-2 Common Stock is issued shall for all
purposes be deemed to have become the holder of record of such shares on the date on which the Warrant was
exercised (including any Remaining Warrants pursuant to an Oversubscription Election) and payment of the aggregate Exercise
Price was made; provided, that such date is no later than the Expiration Date, but irrespective of the date of
delivery of such certificate, except that, if the date of such exercise and payment is a date when the stock transfer books
of the Corporation are closed, such person shall be deemed to have become the holder of such shares at the close of business
on the next succeeding date on which the stock transfer books are open.

 

3.4         No
Anti-Dilution Protection. Shares of Series A-2 Common Stock issuable upon the exercise of any Warrants (and any Remaining Warrants
pursuant to an Oversubscription Election) shall be subject to dilution as set forth in the Plan, including, without limitation,
by the exercise of Litigation Warrants (as defined in the Plan). To the extent such Litigation Warrants are exercised, the proceeds
from such exercise shall be distributed on a pro rata basis to each holder of Series A-2 Common Stock immediately prior
to such exercise in accordance with the Corporation’s Amended and Restated Certificate of Incorporation. The term pro
rata as used herein shall mean a fraction (expressed as a percentage), the numerator of which shall be the number of shares
held by a then Series A-2 Common Stock holder and the denominator of which shall be the aggregate number of outstanding shares
of Series A-2 Common Stock (exclusive of the shares to be issued to such exercising Litigation Warrant holder). For the avoidance
of doubt, the exercising holder of such Litigation Warrants shall not be entitled to proceeds from the exercise of such holder’s
Litigation Warrants.

 

    	4

    	 

    

 

4.           Other
Provisions Relating to Rights of Holders of Warrants.

 

4.1         No
Rights as Stockholder. A Warrant does not entitle the registered holder thereof to any of the rights of a stockholder of
the Corporation, including, without limitation, the right to receive dividends, or other distributions, exercise any
preemptive rights to vote or to consent or to receive notice as stockholders in respect of the meetings of stockholders or
the election of directors of the Corporation or any other matter.

 

4.2          Lost,
Stolen, Mutilated or Destroyed Warrants. If any Warrant Certificate is lost, stolen, mutilated or destroyed,
the Corporation and the Warrant Agent may, on such terms as to indemnity or otherwise as they may in their discretion
impose (which terms shall, in the case of a mutilated Warrant Certificate, include the surrender thereof), issue a new
Warrant Certificate of like denomination, tenor and date as the Warrant Certificate so lost, stolen, mutilated or destroyed.
Any such new Warrant Certificate shall constitute a substitute contractual obligation of the Corporation, whether or not the
allegedly lost, stolen, mutilated or destroyed Warrant Certificate shall be at any time enforceable by anyone.

 

4.3         Reservation
of Common Stock. The Corporation shall at all times reserve and keep available a number of its authorized but unissued shares
of Series A-2 Common Stock that will be sufficient to permit the exercise in full of all outstanding Warrants issued pursuant to
this Agreement and for the exercise of all Remaining Warrants pursuant to any Oversubscription Election.

 

4.4         Securities
Law Compliance.

 

(a)           The
Warrants (including any Series A-2 Common Stock issued upon exercise thereof) are issued pursuant to an exemption from the
registration requirements of Section 5 of the Securities Act provided by section 1145 of the Bankruptcy Code. Any Warrant or
underlying share of Series A-2 Common Stock that is received, purchased or owned by any “underwriter” as defined
in section 1145(b)(1) of the Bankruptcy Code, may not be resold by such holder, and such holder may not be able to transfer
any Warrants or Series A-2 Common Stock issuable upon exercise of any Warrant in the absence of an exemption from
registration under the Securities Act and state securities laws.

 

(b)
           In the event that an exemption under section 1145 of the
Bankruptcy Code with respect to Warrants or shares of Series A-2 Common Stock underlying the Warrants is not effective or
available, or because such exercise would be unlawful with respect to a registered holder in any state, the registered holder
shall not be entitled to exercise such Warrants and such Warrants may have no value and expire worthless.

 

    	5

    	 

    

 

4.5         Limitation
on Monetary Damages. In no event shall the registered holder of a Warrant be entitled to receive damages, monetary or
otherwise, for failure to settle any Warrant exercise if the Series A-2 Common Stock issuable upon exercise of the Warrants
is not exempt from registration pursuant to 1145 of the Bankruptcy Code or has not been registered with the Securities and
Exchange Commission pursuant to an effective registration statement or if a current prospectus is not available for delivery
by the Warrant Agent.

 

4.6         No
Warrant Transfers. Notwithstanding anything to the contrary herein, no Warrant shall be transferable to any person or any
entity, and any attempt to so transfer or any purported transfer shall be void ab initio.

 

5.           Concerning
the Warrant Agent and Other Matters.

 

5.1         Payment
of Taxes. The Corporation shall from time to time promptly pay all taxes and charges that may be imposed upon the
Corporation or the Warrant Agent in respect of the issuance or delivery of shares of Series A-2 Common Stock upon the
exercise of Warrants (or any Remaining Warrants pursuant to an Oversubscription Election), but the Corporation shall not be
obligated to pay any transfer taxes in respect of the Warrants (or any Remaining Warrants pursuant to an Oversubscription
Election) or such shares.

 

5.2         Resignation,
Consolidation or Merger of Warrant Agent.

 

5.2.1           Appointment
of Successor Warrant Agent. The Warrant Agent, or any successor to it hereafter appointed, may resign its duties and
be discharged from all further duties and liabilities hereunder after giving sixty (60) days’ notice in writing
(a “Resignation Notice”) to the Corporation. Upon receipt by the Corporation of a Resignation
Notice, or if the office of the Warrant Agent becomes vacant by resignation or incapacity to act or otherwise, the
Corporation shall appoint in writing a successor Warrant Agent in place of the Warrant Agent. If the Corporation shall fail
to make such appointment within a period of thirty (30) days after it has received a Resignation Notice from the Warrant
Agent, then the holder of any Warrant may apply to the Supreme Court of the State of New York for the County of New York for
the appointment of a successor Warrant Agent at the Corporation’s cost. Any successor Warrant Agent, whether appointed
by the Corporation or by such court, shall be a corporation organized and existing under the laws of the State of New York,
in good standing and having its principal office in the Borough of Manhattan, City and State of New York, and authorized
under such laws to exercise corporate trust powers and subject to supervision or examination by federal or state authority.
After appointment, any successor Warrant Agent shall be vested with all the authority, powers, rights, immunities, duties
and obligations of its predecessor Warrant Agent with like effect as if originally named as Warrant Agent hereunder, without
any further act or deed; but if for any reason it becomes necessary or appropriate, the predecessor Warrant Agent shall
execute and deliver, at the expense of the Corporation, an instrument transferring to such successor Warrant Agent all
the authority, powers and rights of such predecessor Warrant Agent hereunder; and upon request of any successor Warrant Agent
the Corporation shall make, execute, acknowledge and deliver any and all instruments in writing for more fully and
effectually vesting in and confirming to such successor Warrant Agent all such authority, powers, rights, immunities,
duties and obligations.

 

5.2.2           Notice
of Successor Warrant Agent. In the event a successor Warrant Agent shall be appointed, the Corporation shall give notice thereof
to the predecessor Warrant Agent and the transfer agent for the Series A-2 Common Stock not later than the effective date of any
such appointment.

 

    	6

    	 

    

 

5.2.3           
Merger or Consolidation of Warrant Agent. Any corporation into which the Warrant Agent may be merged or with which
it may be consolidated or any corporation resulting from any merger or consolidation to which the Warrant Agent shall be a party
shall be the successor Warrant Agent under this Agreement without any further act.

 

5.3         Fees
and Expenses of Warrant Agent.

 

5.3.1           
Remuneration. The Corporation agrees to pay the Warrant Agent $7,500 for its services as such Warrant Agent hereunder
and will reimburse the Warrant Agent upon demand for all expenditures that the Warrant Agent may reasonably incur in the execution
of its duties hereunder.

 

5.3.2           Further
Assurances. The Corporation agrees to perform, execute, acknowledge and deliver or cause to be performed, executed, acknowledged
and delivered all such further and other acts, instruments and assurances as may reasonably be required by the Warrant Agent for
the carrying out or performing of the provisions of this Agreement.

 

5.4         Liability
of Warrant Agent.

 

5.4.1           Reliance
on Corporation Statement. Whenever in the performance of its duties under this Warrant Agreement the Warrant Agent shall
deem it necessary or desirable that any fact or matter be proved or established by the Corporation prior to taking or
suffering any action hereunder, such fact or matter (unless other evidence in respect thereof be herein specifically
prescribed) may be deemed to be conclusively proved and established by a statement signed by the Chief Executive Officer or
Chief Financial Officer of the Corporation and delivered to the Warrant Agent. The Warrant Agent may rely upon such statement
for any action taken or suffered in good faith by it pursuant to the provisions of this Agreement.

 

5.4.2           Indemnity.
The Warrant Agent shall be liable hereunder only for its own gross negligence, willful misconduct or bad faith. The Corporation
agrees to indemnify the Warrant Agent and save it harmless against any and all liabilities, including judgments, costs and reasonable
counsel fees, for anything done or omitted by the Warrant Agent in the execution of this Agreement, except as a result of the Warrant
Agent’s gross negligence, willful misconduct or bad faith.

 

5.4.3           Exclusions.
The Warrant Agent shall have no responsibility with respect to the validity of this Agreement or with respect to the validity or
execution of any Warrant (except its countersignature of the Warrant Certificate); nor shall it be responsible for any breach by
the Corporation of any covenant or condition contained in this Agreement or in any Warrant; nor shall it by any act hereunder be
deemed to make any representation or warranty as to the authorization or reservation of any shares of Series A-2 Common Stock to
be issued pursuant to this Agreement or any Warrant or as to whether any shares of Series A-2 Common Stock will when issued be
valid and fully paid and nonassessable.

 

    	7

    	 

    

 

5.5         Acceptance
of Agency. The Warrant Agent hereby accepts the agency established by this Agreement and agrees to perform the same upon the
terms and conditions herein set forth and, among other things, shall account promptly to the Corporation with respect to Warrants
exercised and concurrently account for, and pay to the Corporation, all moneys received by the Warrant Agent for the purchase of
shares of Series A-2 Common Stock through the exercise of Warrants.

 

6.           Miscellaneous
Provisions.

 

6.1         Successors.
All the covenants and provisions of this Agreement by or for the benefit of the Corporation or the Warrant Agent shall bind and
inure to the benefit of their respective successors and assigns.

 

6.2         Notices.
Any notice, statement or demand authorized by this Warrant Agreement to be given or made by the Warrant Agent or by the holder
of any Warrant to or on the Corporation shall be delivered by hand or sent by registered or certified mail or overnight courier
service, addressed (until another address is filed in writing by the Corporation with the Warrant Agent) as follows:

 

Piksel, Inc.

26 West 17th Street, 2nd Floor

New York, New York 10011

Attn: Fabrice Hamaide

Facsimile: (212) 206-7059

 

with a copy to:

 

Bracewell & Giuliani LLP

1251 Avenue of the Americas

New York, New York 10020

Attn: Jennifer Feldsher and Robert Burns

Facsimile: (212) 508-6101

 

Any notice, statement or demand authorized by this Agreement
to be given or made by the holder of any Warrant or by the Corporation to or on the Warrant Agent shall be delivered by hand or
sent by registered or certified mail or overnight courier service, addressed (until another address is filed in writing by the
Corporation with the WarrantAgent) as follows:

 

Continental Stock Transfer & Trust Company

17 Battery Place, 8th Floor

New York, NY 10004

Attn: Margaret Villani

 

Any notice, sent pursuant to this Warrant Agreement shall be
effective, if delivered by hand, upon receipt thereof by the party to whom it is addressed, if sent by overnight courier, on the
next Business Day of the delivery to the courier, and if sent by registered or certified mail on the third day after registration
or certification thereof.

 

    	8

    	 

    

 

6.3         Legend
for Underlying Series A-2 Common Stock. Each Stock Certificate shall bear the following legend:

 

“THE SECURITIES REPRESENTED
BY THIS STOCK CERTIFICATE HAVE BEEN ISSUED PURSUANT TO SECTION 1145 OF THE U.S. BANKRUPTCY CODE AND HAVE NOT BEEN REGISTERED UNDER
THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”) OR ANY APPLICABLE STATE SECURITIES LAWS.
SUCH SECURITIES MAY NOT BE SOLD, ASSIGNED OR OTHERWISE TRANSFERRED EXCEPT IN ACCORDANCE WITH SECTION 1145 OF THE BANKRUPTCY CODE
OR, IF APPLICABLE, THERE IS AN OPINION FROM COUNSEL TO THE COMPANY THAT SUCH SALE, ASSIGNMENT OR OTHER TRANSFER MAY BE MADE PURSUANT
TO AN EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT AND APPLICABLE STATE STATUTES.””

 

6.4         Applicable
Law. The validity, interpretation and performance of this Agreement and of the Warrants shall be governed in all respects by
the laws of the State of New York, without giving effect to conflicts of law principles that would result in the application of
the substantive laws of another jurisdiction. The Corporation hereby agrees that any action, proceeding or claim against it arising
out of or relating in any way to this Agreement shall be brought and enforced in the courts of the State of New York, Borough of
Manhattan or the United States District Court for the Southern District of New York, and irrevocably submits to such jurisdiction,
which jurisdiction shall be exclusive. The Corporation hereby waives any objection to such exclusive jurisdiction and that such
courts represent an inconvenient forum. Any such process or summons to be served upon the Corporation may be served by transmitting
a copy thereof by registered or certified mail, return receipt requested, postage prepaid, addressed to it at the address set forth
in Section 6.4 hereof. Such mailing shall be deemed personal service and shall be legal and binding upon the Corporation
in any action, proceeding or claim.

 

6.5         Persons
Having Rights Under this Agreement. Nothing in this Agreement expressed in, and nothing that may be implied from, any
of the provisions hereof is intended, or shall be construed, to confer upon, or give to, any person or corporation other
than the parties hereto and the registered holders of the Warrants, any right, remedy or claim under or by reason of this
Warrant Agreement or of any covenant, condition, stipulation, promise or agreement hereof. All covenants, conditions,
stipulations, promises and agreements contained in this Warrant Agreement shall be for the sole and exclusive benefit of the
parties hereto and their successors and assigns and of the registered holders of the Warrants.

 

6.6         Examination
of the Warrant Agreement. A copy of this Agreement shall be available at all reasonable times at the office of the Warrant
Agent in the Borough of Manhattan, City and State of New York, for inspection by the registered holder of any Warrant. The Warrant
Agent may require any such holder to submit his, her or its Warrant for inspection by it.

 

    	9

    	 

    

 

6.7         Counterparts.
This Agreement may be executed in any number of original or facsimile counterparts and each of such counterparts shall for all
purposes be deemed to be an original, and all such counterparts shall together constitute but one and the same instrument.

 

6.8         Effect
of Headings. The section headings herein are for convenience only and are not part of this Warrant Agreement and shall not
affect the interpretation thereof.

 

6.9         Amendments.
This Agreement may be amended by the parties hereto without the consent of any registered holder.

 

6.10         Severability.
Whenever possible, each provision of this Agreement shall be interpreted in such manner as to be effective and valid under applicable
law, but if any provision of this Agreement is held to be prohibited by or invalid under applicable law, such provision shall be
ineffective only to the extent of such prohibition or invalidity, without invalidating the remainder of this Agreement.

 

[Signature page follows]

 

    	10

    	 

    

 

IN WITNESS WHEREOF, this Agreement has been
duly executed by the parties hereto as of the day and year first above written.

 

	 	PIKSEL, INC.
	 	 	 
	 	By:	/s/ Fabrice Hamaide
	 	Name:	Fabrice Hamaide
	 	Title:	 
	 	 	 
	 	CONTINENTAL STOCK TRANSFER & TRUST COMPANY
	 	 	 
	 	By:	/s/ Margaret
    Villani
	 	Name:	Margaret Villani
	 	Title:	Vice President

 

    	 

    	 

    

 

EXHIBIT A

 

Form of Warrant Certificate

 

    	12

    	 

    

  

		 	EXERCISABLE
        ONLY IF COUNTERSIGNED BY THE WARRANT

        AGENT
        AS PROVIDED HEREIN.

        Warrant
        Certificate Evidencing Warrants to Purchase

        Series
        A-2 Common Stock, par value of $0.0001 per share, as described herein.

        VOID
        AFTER 5:00 P.M., NEW YORK TIME, ON SEPTEMBER 18, 2013
	 	

 

PIKSEL,
INC.

INCORPORATED UNDER THE LAWS OF THE STATE
OF DELAWARE

 

WARRANTS

 

THIS
CERTIFIES THAT:

 

IS THE REGISTERED HOLDER OF

 

warrants to purchase
certain securities (each, a “Warrant”). Each Warrant entitles the holder thereof, subject to the provisions
contained herein and in the Warrant Agreement (as defined below), to purchase from Piksel, Inc., a Delaware corporation (the “Corporation”),
one (1) share (the “Warrant Share,” and together
with all shares exercisable for purchase under this Warrant Certificate, collectively, the “Warrant Shares”)
of Series A-2 Common Stock, par value $0.0001 per share, of the Corporation (“Series A-2 Common Stock”),
at the Exercise Price set forth below. The price per share at which each Warrant Share may be purchased at the time each Warrant
is exercised is $0.205 (the “Exercise Price”).

 

Capitalized terms used but not defined herein shall have the
meaning ascribed to them in the Warrant Agreement.

 

Subject to the terms of the Warrant Agreement,
the Warrants evidenced hereby may be exercised in full (not in part) at any time, as specified herein, on any Business Day (as
defined below) occurring during the period (the “Exercise Period”) commencing the date hereof
and terminating at 5:00 P.M., New York City time, on September 18, 2013 (the “Expiration Date”).
If the Warrants evidenced hereby remain unexercised after 5:00 P.M., New York City time, on the Expiration Date, then such Warrants
shall become void, and all rights of the holder of this Warrant Certificate evidencing such Warrants shall cease.

  

The holder of the Warrants represented
by this Warrant Certificate may exercise all Warrants evidenced hereby by delivering, not later than 5:00 P.M., New York time,
on any Business Day during the Exercise Period (the “Exercise Date”) to Continental Stock Transfer
& Trust Company (the “Warrant Agent,” which term includes any successor warrant agent under the Warrant
Agreement described below) at its office designated for such purpose at 17 Battery Place, New York, NY 10004, (i) this Warrant
Certificate, (ii) a properly executed election form (the “Election Form”) attached to this Warrant Certificate
and (iii) the Exercise Price for each Warrant to be exercised, and all applicable taxes and charges due in connection therewith,
in lawful money of the United States of America by certified or official bank check or by bank wire transfer in immediately available
funds. In addition, to the extent that a holder elects to oversubscribe in accordance with the Warrant Agreement and this Warrant
Certificate, the holder must also pay, in accordance with the foregoing, an amount equal to the Exercise Price for the number of
unexercised Warrants such holder elects to purchase, and all applicable taxes and charges due in connection therewith. To the extent
applicable, the aggregate Exercise Price shall be rounded up to the nearest penny.

 

IN WITNESS WHEREOF, the Corporation has caused this instrument
to be duly executed. 

 

	DATED:

         

         
	 		 	(Continued
        on reverse side)

         

        COUNTERSIGNED:

         

        CONTINENTAL
        STOCK TRANSFER & TRUST COMPANY

        JERSEY
        CITY, NJ

        WARRANT
        AGENT

 

	PIKSEL,
    INC
    .	 	BY:	 
	 	 	 	AUTHORIZED OFFICER
		 	
	SECRETARY	 	INTERIM CHIEF EXECUTIVE OFFICER

 

    	 

    	 

    

 

Piksel, Inc. (WARRANT)

 

(Continued from front)

 

As used herein, the
term “Business Day” means any day other than Saturday, Sunday or other day on which commercial
banks in the City of New York are authorized or required by law or executive order to remain closed.

 

The Warrants represented
by this Warrant Certificate must be exercised in full, not in part, and may only be exercised in whole numbers of Warrants. No
fractional Warrant Shares are to be issued upon the exercise of any Warrants represented hereby, but rather the number of Warrant
Shares to be issued shall be rounded up to the nearest whole number.

 

WARRANTS ARE NOT
TRANSFERABLE TO ANY PERSON OR ENTITY, AND ANY ATTEMPT TO TRANSFER OR ANY PURPORTED TRANSFER SHALL BE VOID AB INITIO.

 

To the extent the
Warrants evidenced hereby are exercised in full, the registered holder of such Warrants is entitled to, in accordance with the
terms set forth in Section 3.3.2 of the Warrant Agreement (as defined below) and in the Election Form attached to this Warrant
Certificate, elect to receive additional shares of Series A-2 Common Stock (as defined in the Warrant Agreement).

 

This Warrant Certificate
is issued under and in accordance with the Warrant Agreement, dated as of August 19, 2013 (the “Warrant Agreement”),
between the Corporation and the Warrant Agent and is subject to the terms and provisions contained in the Warrant Agreement, all
of which terms and provisions the holder of this Warrant Certificate and the beneficial owners of the Warrants represented by
this Warrant Certificate consent by acceptance hereof. Copies of the Warrant Agreement are on file and can be inspected at the
above-mentioned office of the Warrant Agent and at the office of the Corporation at 26 West 17th Street, 2nd Floor, New York,
New York 10011.

 

Neither this Warrant
Certificate nor the Warrants evidenced hereby entitles the registered holder thereof to any of the rights of a stockholder of the
Corporation, including, without limitation, the right to receive dividends, or other distributions, exercise any preemptive rights
to vote or to consent or to receive notice as stockholders in respect of the meetings of stockholders or the election of directors
of the Corporation or any other matter.

 

The Warrant Agreement
and this Warrant Certificate may be amended as provided in the Warrant Agreement without the consent of the holder of this Warrant
Certificate or the Warrants evidenced hereby; provided, that no amendment or modification may be made that is not consistent
with the Plan (as defined in the Warrant Agreement).

 

THIS WARRANT CERTIFICATE
AND ALL RIGHTS HEREUNDER AND UNDER THE WARRANT AGREEMENT SHALL BE GOVERNED BY AND INTERPRETED AND CONSTRUED IN ACCORDANCE WITH
THE LAWS OF THE STATE OF NEW YORK APPLICABLE TO CONTRACTS FORMED AND TO BE PERFORMED ENTIRELY WITHIN THE STATE OF NEW YORK, WITHOUT
REGARD TO THE CONFLICTS OF LAW PROVISIONS THEREOF TO THE EXTENT SUCH PRINCIPLES OR RULES WOULD REQUIRE OR PERMIT THE APPLICATION
OF THE LAWS OF ANOTHER JURISDICTION.

 

This Warrant Certificate
shall not be entitled to any benefit under the Warrant Agreement or be valid or obligatory for any purpose, and no Warrant evidenced
hereby may be exercised, unless this Warrant Certificate has been countersigned by the manual signature of the Warrant Agent.

 

	PRINTED BY: COLUMBIA FINANCIAL PRINTING CORP. - www.stockinformation.com

 

    	 

    	 

    

 

EXHIBIT B

 

Form of Record Holder Election Form

 

    	 

    	 

    

 

PIKSEL, INC. (f/k/a KIT digital, Inc.)

 

SHARES OF SERIES A-2 COMMON STOCK

ISSUABLE UPON EXERCISE OF NON-TRANSFERABLE

WARRANTS TO EXERCISE FOR SUCH SHARES

 

RECORD HOLDER ELECTION FORM

 

I (We) acknowledge receipt of your letter
and the enclosed materials relating to the offering of shares of series A-2 common stock, par value $0.0001 per share (the “Shares”)
of Piksel, Inc. (the “Company”), issuable upon the exercise of warrants (“Warrants”).

 

In this form, I hereby elect to exercise
the Warrants to purchase Shares distributed with respect to the common stock (“KDI Common Stock”), par value
$0.0001 per share, of KIT digital, Inc., pursuant to the terms and subject to the conditions set forth in the Warrant Agreement,
dated August 19, 2013, by and between the Company and Continental Stock Transfer & Trust Company, and as described in that
certain Third Amended Plan of Reorganization, dated August 6, 2013, filed by KIT digital, Inc.

 

BOX 1.  ̈   I
do not elect to exercise my Warrants.

 

BOX 2.  ̈   I
elect to exercise my Warrants in full and purchase Shares as set forth below:

 

	 	NUMBER OF SHARES OF	 	 	 	 	 	 
	 	KDI COMMON STOCK	 	WARRANT	EXERCISE	 	 
	 	AS OF AUGUST 5, 2013	 	RATIO	PRICE	 	PAYMENT
	Basic	 	 	 	 	 	 	 
	Warrant	 	 	 	 	 	 	 
	Exercise	 	X	1.0	x	$0.205	  =   $	 

 

	 	IF YOU HAVE FULLY EXERCISED YOUR BASIC WARRANT EXERCISE ABOVE
	 	and you wish to purchase additional Shares, subject to availability and the conditions and limitations described in the Warrant Agreement, please so indicate by completing the additional required information:

 

	 	NUMBER OF ADDITIONAL	 	 	WARRANT	 	 	EXERCISE	 	 
	 	WARRANTS1	 	 	RATIO	 	 	PRICE	 	PAYMENT
	Over	 	 	 	 	 	 	 	 	 
	subscription	 	 	 	 	 	 	 	 	 
	Election	 	  x  	 	 	1.0	  x  	 	$0.205	 =  $	 
	 	 	 	 
	 	TOTAL SUBSCRIPTION PAYMENT REQUIRED:
	 	 	 	 	 	 	 	 	 	 	 

	 	$	 	   +   	  $	 	   =   	$	 
	 	(Basic Warrant Exercise	 	 	(Oversubscription	 	(Total required payment)2
	 	Payment)	 	 	Election Payment)	 	 	 

 

FORM OF PAYMENT:

 

		 ̈	Payment in the following amount is enclosed: $___________.

 

 

1 To determine the number of Warrants you are entitled
to exercise for additional Shares, use the following formula: Percentage of KDI Common Stock owned as of August 5, 2013, based
on 61,054,157 shares issued and outstanding times 136,754,747, less the number of Shares to be received by the Basic
Warrant Exercise.

 

2 To the extent applicable, the aggregate total required
payment must be rounded up to the nearest penny.

 

    	 

    	 

    

 

		 ̈	Payment by wire transfer in accordance with the following instructions: JPMorgan Chase, Account Name: CST AAF Piskel, Inc.
Warrant, ABA # 021000021, Account # 475580893

 

	Dated:	________________, 2013

 

	Name	 	 
	 	(Please Print)	 
	 	 	 
	 	/  /  /  / - /  /  / - /  /  /  /  /	 
	 	(Insert Social Security or Other Identifying Number of Holder)

 

	Address	 	 
	 	 	 
	 	 	 
	Signature	 	 

 

This Warrant may only be exercised by presentation
to the Warrant Agent at the following location:

 

Continental Stock Transfer & Trust
Company 

17 Battery Place, 8th Floor

New York, NY 10004 

Attn: Corporate Actions Department

 

Telephone Number for Confirmation: (800)
509-5586

 

The method of delivery of this Election
Form is at the option and risk of the exercising holder and the delivery of this Election Form will be deemed to be made only when
actually received by the Warrant Agent and must be received prior to 5:00 p.m., New York City time, on September 18, 2013 (the
“Expiration Date”). If delivery is by mail, registered mail with return receipt requested, properly insured,
is recommended. In all cases, sufficient time should be allowed to assure timely delivery and clearance of payment prior to 5:00
p.m. New York City time, on the Expiration Date.

 

	 	 
	 	Signature
	 	 
	 	Signature must conform in all respects to the name of the holder as specified on the face of the Warrant Certificate.

 

    	 

    	 

    

 

EXHIBIT C

 

Form of Beneficial Owner Election Form

 

    	 

    	 

    

 

PIKSEL, INC. (f/k/a KIT digital, Inc.)

 

SHARES OF SERIES A-2 COMMON STOCK

ISSUABLE UPON EXERCISE OF NON-TRANSFERABLE

WARRANTS TO EXERCISE FOR SUCH SHARES

 

BENEFICIAL OWNER ELECTION FORM

 

I (We) acknowledge
receipt of your letter and the enclosed materials relating to the offering of shares of series A-2 common stock, par value $0.0001
per share (the “Shares”) of Piksel, Inc. (the “Company”), issuable upon the exercise of warrants
(“Warrants”).

 

In this form, I (we)
instruct you whether to exercise the Warrants to purchase Shares distributed with respect to the common stock (“KDI Common
Stock”), par value $0.0001 per share, of KIT digital, Inc., held by you for my (our) account, pursuant to the terms and
subject to the conditions set forth in the Warrant Agreement, dated August 19, 2013, by and between the Company and Continental
Stock Transfer & Trust Company, and as described in that certain Third Amended Plan of Reorganization, dated August 6, 2013,
filed by KIT digital, Inc. (the “Plan”).

 

	BOX 1.  ̈	Please do not exercise the Warrants for me (us).
	 	 
	BOX 2.  ̈	Please exercise the Warrants for me (us) and purchase Shares as set forth below:

 

	 	NUMBER
    OF SHARES OF	 	 	 	 	 	 	 
	 	KDI
    COMMON STOCK	 	WARRANT	 	EXERCISE	 	 	 
	 	AS OF AUGUST 5, 2013	 	RATIO	 	PRICE	 	 	PAYMENT
	Basic	 	 	 	 	 	 	 	 
	Warrant	 	 	 	 	 	 	 	 
	Exercise	 	x 	 	1.0	 x 	$0.205	 =	$	 
	 	 	 	 	 	 	 	 	 	 

	 	IF YOU HAVE FULLY EXERCISED YOUR BASIC WARRANT EXERCISE ABOVE
	 	and you wish to purchase additional Shares, subject to availability and the conditions and limitations described in the Warrant Agreement, please so indicate by completing the additional required information:

 

	 	NUMBER OF ADDITIONAL	 	WARRANT	 	EXERCISE	 	 	 
	 	WARRANTS1	 	RATIO	 	PRICE	 	 	PAYMENT
	Over	 	 	 	 	 	 	 	 
	subscription	 	 	 	 	 	 	 	 
	Election	  	x 	 	1.0	 x	$0.205	 =  	$	 
	 	 	 	 	 	 	 	 	 	 

	 	TOTAL SUBSCRIPTION PAYMENT REQUIRED:

 

	 	$	 	  +    	  $	 	 = 	 $	 
	 	(Basic Warrant Exercise	 	 	(Oversubscription	(Total required payment)2
	 	Payment)	 	 	Election Payment)	 

 

 

1 To determine the number of Warrants you are entitled
to exercise for additional Shares, use the following formula: Percentage of KDI Common Stock owned as of August 5, 2013, based
on 61,054,157 shares issued and outstanding times 136,754,747, less the number of Shares to be received by the Basic
Warrant Exercise.

 

2To
the extent applicable, the aggregate total required payment must be rounded up to the nearest penny. 

 

    	 

    	 

    

 

FORM OF PAYMENT:

 

 ̈ Please deduct payment of $__________ from my (our) following account maintained by you:

 

	 	 	 	 
	 	(Type of Account)	 	(Account Number)

 

I (we) on my (our) own behalf, or on behalf
of any person(s) on whose behalf, or under whose directions, I am (we are) signing this form:

 

		·	Acknowledge receipt of the Plan and irrevocably elect to purchase the number of Shares indicated above upon the terms and conditions
specified in the Plan and Warrant Agreement; and

 

		·	Agree that if I (we) fail to pay for the Shares that I (we) have elected to purchase, you may exercise any remedies available
to you under the law.

 

	Name of beneficial owner(s):	 
	 	 
	 	 
	 	 
	Signature of beneficial owner(s):	 
	 	 
	 	 

 

If you are signing in your capacity as a trustee, executor,
administrator, guardian, attorney-in-fact, agent, officer of a corporation or in any other fiduciary or representative capacity,
please provide the following information:

 

	Name:	 	 
	 	 	 
	Capacity:	 	 
	 	 	 
	Address:	 	 
	 	 	 
	 	 	 
	 	 	 
	 	 	 
	 	 	 
	Telephone No.:

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00220-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00220-of-00352.parquet"}]]