Document:

EX-10.8

 Exhibit 10.8 

NONQUALIFIED STOCK OPTION AGREEMENT 

PURSUANT TO THE 

TRANSFIRST HOLDINGS CORP. 2015 OMNIBUS INCENTIVE PLAN 

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	Participant:	 	  
	 		 	
				
	Grant Date:	 	  
	 		 	

  

	
	Per Share Exercise Price: $        

  

							
	Number of Shares subject to this Option:	 	  
	 		 	

 *  *  *  *  * 

THIS NON-QUALIFIED STOCK OPTION AWARD AGREEMENT (this “Agreement”), dated as of the Grant Date specified above, is entered
into by and between TransFirst Holdings Corp., a corporation organized in the State of Delaware (the “Company”), and the Participant specified above, pursuant to the TransFirst Holdings Corp. 2015 Omnibus Incentive Plan, as in
effect and as amended from time to time (the “Plan”), which is administered by the Committee; and 
 WHEREAS, it has been
determined under the Plan that it would be in the best interests of the Company to grant the Non-Qualified Stock Option provided for herein to the Participant. 

NOW, THEREFORE, in consideration of the mutual covenants and promises hereinafter set forth and for other good and valuable consideration, the
parties hereto hereby mutually covenant and agree as follows: 
 1. Incorporation By Reference; Plan Document Receipt. This
Agreement is subject in all respects to the terms and provisions of the Plan (including, without limitation, any amendments thereto adopted at any time and from time to time unless such amendments are expressly intended not to apply to the Award
provided hereunder), all of which terms and provisions are made a part of and incorporated in this Agreement as if they were each expressly set forth herein. Any capitalized term not defined in this Agreement shall have the same meaning as is
ascribed thereto in the Plan. The Participant hereby acknowledges receipt of a copy of the Plan and that the Participant has read the Plan carefully and fully understands its content. In the event of any conflict between the terms of this Agreement
and the terms of the Plan, the terms of the Plan shall control. No part of the Option granted hereby is intended to qualify as an “incentive stock option” under Section 422 of the Code. 

2. Grant of Option. The Company hereby grants to the Participant, as of the Grant Date specified above, a Non-Qualified Stock Option (this “Option”) to acquire from the Company at the Per Share Exercise Price specified above, the aggregate number of shares of

 
Common Stock specified above (the “Option Shares”). [●] percent ([●]%) of the Option Shares shall be subject to time-based vesting, as set forth in Section 3(a)
hereof (the “Service Option Shares”), and [●] percent ([●]%) of the Option Shares shall be subject to return-based vesting as set forth in Section 3(b) hereof (the “Return Target Option Shares”).
Except as otherwise provided by the Plan, the Participant agrees and understands that nothing contained in this Agreement provides, or is intended to provide, the Participant with any protection against potential future dilution of the
Participant’s interest in the Company for any reason. The Participant shall have no rights as a stockholder with respect to any shares of Common Stock covered by the Option unless and until the Participant has become the holder of record of
such shares, and no adjustments shall be made for dividends in cash or other property, distributions or other rights in respect of any such shares, except as otherwise specifically provided for in the Plan or this Agreement. 

3. Vesting and Exercise. 

(a) Vesting of Service Option Shares. Subject to the provisions of Sections 3(d) and 3(e) hereof, the Service Option Shares shall vest
and become exercisable with respect to [●] percent ([●]%) of the Service Option Shares on each of the [●] through [●] anniversaries of the Grant Date, provided the Participant remains continuously employed by the Company or
any of its Subsidiaries from the Grant Date through such date. 
 (b) Vesting of Return Target Option Shares. Subject to the
provisions of Section 3(d) hereof, the Return Target Option Shares shall vest and become exercisable if (i) the Participant is, and has been, continuously employed by the Company or any of its Subsidiaries from the Grant Date through the
date of a Termination Event (as defined in Section 3(c)(vi) hereof) and (ii) with respect to seventy percent (70%) of the Return Target Option Shares if, upon the consummation of the Termination Event, the Total Equity Return (as
defined in Section 3(c)(vii) hereof) as of the date of such Termination Event is equal to or greater than the Baseline Equity Return (as defined in Section 3(c)(i) hereof) and with respect to the remaining thirty percent (30%) of the
Return Target Option Shares if, upon the consummation of the Termination Event, the Total Equity Return as of the date of such Termination Event is equal to or greater than the Target Equity Return (as defined in Section 3(c)(v) hereof). For
the avoidance of doubt, the Return Target Option Shares shall expire, and shall not vest or become exercisable, if the Total Equity Return as of the date of a Termination Event is not equal to or greater than the Baseline Equity Return and none of
the Return Target Option Shares shall vest if they are not vested as of the date of a Termination Event. 
 (c) Certain Definitions.
Notwithstanding anything to the contrary contained in the Plan, the terms set forth below shall have the meaning indicated below for purposes of this Agreement. 

(i) “Baseline Equity Return” means $1,256,400,000. 

(ii) “Cash Proceeds” means the cumulative total of all cash distributions made to, or other cash proceeds received by, the
Investors (excluding management or transaction fees and expenses, any other advisory fees and expenses, any board fees and expenses or any other expenses associated with the Investors’ investment in the Company) in

  
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respect of its ownership of Common Stock of the Company, for the period commencing on the date immediately following an IPO (as defined in Section 3(c)(iii) hereof) and ending on the date of
the Termination Event, as determined by the Board acting in good faith. For any shares of Common Stock distributed by the Investors to any of their limited partners, portfolio companies, or employees, the Cash Proceeds attributable to the shares
subject to such distribution shall be equal to the value required to be assigned to such shares pursuant to the terms of the definitive agreements between Investors and their limited partners as in effect at the time of the distribution. 

(iii) “IPO” means an initial public offering and sale of the Company’s Common Stock pursuant to an effective
registration statement under the Securities Act. 
 (iv) “Residual Value” means the product of (A) the number of
shares of Company Common Stock held by the Investors immediately following the Termination Event multiplied by (B) the thirty (30) day volume weighted average price of a share of Company Common Stock during the thirty (30) day period
ending on the date immediately prior to the date on which the Termination Event occurs. 
 (v) “Target Equity Return”
means $1,675,200,000. 
 (vi) “Termination Event” means the first date on which the Investors own less than twenty percent
(20%) of the total number of shares of Common Stock that the Investors held as of the date immediately following an IPO. 
 (vii)
“Total Equity Return” means the sum of the Cash Proceeds (as defined in Section 3(c)(ii) hereof) plus the Residual Value (as defined in Section 3(c)(iv) hereof), as determined by the Board acting in good faith. For
purposes of calculating the Total Equity Return, all cash distributions made to the Investors will be net of all accrued but unpaid management fees and all expenses associated with the Investors’ investment in the Company business. 

(d) Committee Discretion to Accelerate Vesting. Notwithstanding the foregoing, the Committee may, in its sole discretion, provide for
accelerated vesting of the Option at any time and for any reason. 
 (e) Termination Event. Unvested Service Option Shares shall
become fully vested upon the occurrence of a Termination Event so long as the Participant has not incurred a Termination prior to such Termination Event. 

(f) Expiration. Unless earlier terminated in accordance with the terms and provisions of the Plan and/or this Agreement, all portions
of the Option (whether vested or not vested) shall expire and shall no longer be exercisable after the expiration of ten (10) years from the Grant Date. 

  
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 4. Termination. Subject to the terms of the Plan and this Agreement, the Option, to
the extent vested at the time of the Participant’s Termination, shall remain exercisable as follows: 
 (a) Termination due to Death
or Disability. In the event of the Participant’s Termination by reason of death or Disability, the vested portion of the Option shall remain exercisable until the earlier of (i) one (1) year from the date of such Termination, and
(ii) the expiration of the stated term of the Option pursuant to Section 3(f) hereof; provided, however, that in the case of a Termination due to Disability, if the Participant dies within such one (1) year exercise
period, any unexercised Option held by the Participant shall thereafter be exercisable by the legal representative of the Participant’s estate, to the extent to which it was exercisable at the time of death, for a period of one (1) year
from the date of death, but in no event beyond the expiration of the stated term of the Option pursuant to Section 3(f) hereof. 
 (b)
Involuntary Termination Without Cause. In the event of the Participant’s involuntary Termination by the Company without Cause, the vested portion of the Option shall remain exercisable until the earlier of (i) ninety (90) days
from the date of such Termination, and (ii) the expiration of the stated term of the Option pursuant to Section 3(f) hereof. 

(c) Voluntary Resignation. In the event of the Participant’s voluntary Termination (other than a voluntary Termination described
in Section 4(d) hereof), the vested portion of the Option shall remain exercisable until the earlier of (i) thirty (30) days from the date of such Termination, and (ii) the expiration of the stated term of the Option pursuant to
Section 3(f) hereof. 
 (d) Termination for Cause. In the event of the Participant’s Termination for Cause or in the event
of the Participant’s voluntary Termination (as provided in Section 4(c) hereof) after an event that would be grounds for a Termination for Cause, the Participant’s entire Option (whether or not vested) shall terminate and expire upon
such Termination. 
 (e) Treatment of Unvested Options upon Termination. Any portion of the Option that is not vested as of the date
of the Participant’s Termination for any reason shall terminate and expire as of the date of such Termination. 
 5. Method of
Exercise and Payment. Subject to Section 9 hereof, to the extent that the Option has become vested and exercisable with respect to a number of shares of Common Stock as provided herein, the Option may thereafter be exercised by the
Participant, in whole or in part, at any time or from time to time prior to the expiration of the Option as provided herein and in accordance with Sections 6.4(c) and 6.4(d) of the Plan, including, without limitation, by the filing of any written
form of exercise notice as may be required by the Committee and payment in full of the Per Share Exercise Price specified above multiplied by the number of shares of Common Stock underlying the portion of the Option exercised. 

6. Competitive Activity. 

(a) In the event that the Participant engages in Competitive Activity (as defined in Section 6(c) hereof), the Participant shall
immediately forfeit, without any consideration being paid therefor, any outstanding portion of the Option (including both vested 

  
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Option Shares and unvested Option Shares). In addition, to the extent that the Participant engages in Competitive Activity following the date on which the Participant exercises any portion of the
Option (i) the Company may repurchase from the Participant each share of Common Stock the Participant received in connection with such exercise for the lower of (x) the Per Share Exercise Price and (y) the Fair Market Value of such
share as of the date of repurchase, and (ii) to the extent that the Participant has sold any shares of Common Stock the Participant received in connection with such exercise, the Participant shall be required to pay to the Company the excess,
if any, of the price for which the Participant sold such share and the Per Share Exercise Price with respect to each share (less any taxes paid by the Participant on such excess; provided that to the extent the Participant receives a refund
of any such paid taxes, the amount of such refund shall be subject to repayment to the Company pursuant to this Section 6(a)). 
 (b)
For the avoidance of doubt, for a Competitive Activity to result in the provisions of Section 6(a) hereof to apply, such Competitive Activity must be undertaken during the Participant’s employment with the Company or any of its
Subsidiaries or during the one year period after the Participant’s Termination for any reason. 
 (c) For purposes of this
Section 6, “Competitive Activity” shall have the meaning ascribed to such term in any written offer letter or employment or severance agreement between the Company or any Subsidiary of the Company and such Participant or, in
the absence of any such written agreement, shall mean, with respect to a Participant, during the term of such Participant’s employment with the Company or any of its Subsidiaries and during the one year period immediately following such
Participant’s Termination, directly or indirectly, for himself or for any other Person, participating in any Competitive Business (as defined in this Section 6(c)) or any business in which the Company is engaged or in which the Participant
is aware that the Company is planning to engage as of such Participant’s Termination; provided that the passive ownership by such Participant of not more than two and a half percent (2.5%) of the outstanding shares of any class of
capital stock of a corporation which is publicly traded on a national securities exchange will not be deemed to be a Competitive Activity, so long as such Participant has no active participation in the business of such corporation.
“Competitive Business” means any business in the geographic area set forth in the non-competition provision in any written employment or severance agreement between the Company or any Subsidiary of the Company and such Participant
(or, in the absence of the designation of any such geographic area in any such written agreement, any geographic area or country where the Company or any Subsidiary of the Company generates revenues) engaged in the “Restricted Business”
set forth in the non-competition provision in any written employment or severance agreement between the Company or any Subsidiary of the Company and such Participant (or, in the absence of the designation of any such “Restricted Business”
in any such written agreement, in the provision of services in the electronic payment processing industry or related to any product, business, activity or service line of any person, entity or company that is in competition with any product,
business, activity, or service line of the Company). 
 7. Non-Transferability. The Option, and any rights and interests with
respect thereto, issued under this Agreement and the Plan shall not be sold, exchanged, transferred, assigned or otherwise disposed of in any way by the Participant (or any beneficiary of the Participant), other than by testamentary disposition by
the Participant or the laws of 

  
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descent and distribution. Notwithstanding the foregoing, the Committee may, in its sole discretion, permit the Option to be Transferred to a Family Member for no value, provided that such
Transfer shall only be valid upon execution of a written instrument in form and substance acceptable to the Committee in its sole discretion evidencing such Transfer and the transferee’s acceptance thereof signed by the Participant and the
transferee, and provided, further, that the Option may not be subsequently Transferred other than by will or by the laws of descent and distribution or to another Family Member (as permitted by the Committee in its sole discretion) in accordance
with the terms of the Plan and this Agreement, and shall remain subject to the terms of the Plan and this Agreement. Any attempt to sell, exchange, transfer, assign, pledge, encumber or otherwise dispose of or hypothecate in any way the Option, or
the levy of any execution, attachment or similar legal process upon the Option, contrary to the terms and provisions of this Agreement and/or the Plan shall be null and void and without legal force or effect. 

8. Governing Law. All questions concerning the construction, validity and interpretation of this Agreement shall be governed by,
and construed in accordance with, the laws of the State of Delaware, without regard to the choice of law principles thereof. 
 9.
Withholding of Tax. The Company shall have the power and the right to deduct or withhold, or require the Participant to remit to the Company, an amount sufficient to satisfy any federal, state, local and foreign taxes of any kind
(including, but not limited to, the Participant’s FICA and SDI obligations) which the Company, in its sole discretion, deems necessary to be withheld or remitted to comply with the Code and/or any other applicable law, rule or regulation with
respect to the Option and, if the Participant fails to do so, the Company may otherwise refuse to issue or transfer any shares of Common Stock otherwise required to be issued pursuant to this Agreement. Any minimum statutorily required withholding
obligation with regard to the Participant may, with the consent of the Committee, be satisfied by reducing the amount of cash or shares of Common Stock otherwise deliverable upon exercise of the Option. 

10. Entire Agreement; Amendment. This Agreement, together with the Plan, contains the entire agreement between the parties
hereto with respect to the subject matter contained herein, and supersedes all prior agreements or prior understandings, whether written or oral, between the parties relating to such subject matter. The Committee shall have the right, in its sole
discretion, to modify or amend this Agreement from time to time in accordance with and as provided in the Plan. This Agreement may also be modified or amended by a writing signed by both the Company and the Participant. The Company shall give
written notice to the Participant of any such modification or amendment of this Agreement as soon as practicable after the adoption thereof. 

11. Notices. Any notice hereunder by the Participant shall be given to the Company in writing and such notice shall be deemed
duly given only upon receipt thereof by the General Counsel of the Company. Any notice hereunder by the Company shall be given to the Participant in writing and such notice shall be deemed duly given only upon receipt thereof at such address as the
Participant may have on file with the Company. 

  
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 12. No Right to Employment. Any questions as to whether and when there has been a
Termination and the cause of such Termination shall be determined in the sole discretion of the Committee. Nothing in this Agreement shall interfere with or limit in any way the right of the Company, its Subsidiaries or its Affiliates to terminate
the Participant’s employment or service at any time, for any reason and with or without Cause. 
 13. Transfer of Personal
Data. The Participant authorizes, agrees and unambiguously consents to the transmission by the Company (or any Subsidiary) of any personal data information related to the Option awarded under this Agreement for legitimate business purposes
(including, without limitation, the administration of the Plan). This authorization and consent is freely given by the Participant. 
 14.
Compliance with Laws. The issuance of the Option (and the Option Shares upon exercise of the Option) pursuant to this Agreement shall be subject to, and shall comply with, any applicable requirements of any foreign and U.S. federal and
state securities laws, rules and regulations (including, without limitation, the provisions of the Securities Act, the Exchange Act and in each case any respective rules and regulations promulgated thereunder) and any other law or regulation
applicable thereto. The Company shall not be obligated to issue the Option or any of the Option Shares pursuant to this Agreement if any such issuance would violate any such requirements. 

15. Section 409A. Notwithstanding anything herein or in the Plan to the contrary, the Option is intended to be exempt from
the applicable requirements of Section 409A of the Code and shall be limited, construed and interpreted in accordance with such intent. 

16. Binding Agreement; Assignment. This Agreement shall inure to the benefit of, be binding upon, and be enforceable by the
Company and its successors and assigns. The Participant shall not assign (except in accordance with Section 7 hereof) any part of this Agreement without the prior express written consent of the Company. 

17. Headings. The titles and headings of the various sections of this Agreement have been inserted for convenience of reference
only and shall not be deemed to be a part of this Agreement. 
 18. Counterparts. This Agreement may be executed in one or
more counterparts, each of which shall be deemed to be an original, but all of which shall constitute one and the same instrument. 
 19.
Further Assurances. Each party hereto shall do and perform (or shall cause to be done and performed) all such further acts and shall execute and deliver all such other agreements, certificates, instruments and documents as either party
hereto reasonably may request in order to carry out the intent and accomplish the purposes of this Agreement and the Plan and the consummation of the transactions contemplated thereunder. 

20. Severability. The invalidity or unenforceability of any provisions of this Agreement in any jurisdiction shall not affect
the validity, legality or enforceability of the remainder of this Agreement in such jurisdiction or the validity, legality or enforceability of any provision of this Agreement in any other jurisdiction, it being intended that all rights and
obligations of the parties hereunder shall be enforceable to the fullest extent permitted by law. 

  
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 21. Acquired Rights. The Participant acknowledges and agrees that: (a) the
Company may terminate or amend the Plan at any time; (b) the award of the Option made under this Agreement is completely independent of any other award or grant and is made at the sole discretion of the Company; (c) neither this Award nor
any past grants or awards give the Participant any right to any grants or awards in the future whatsoever; and (d) any benefits granted under this Agreement are not part of the Participant’s ordinary salary, and shall not be considered as
part of such salary in the event of severance, reduction in force or resignation. 
 [Remainder of Page Intentionally Left Blank] 

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

			
	TRANSFIRST HOLDINGS CORP.
		
	By:	 	  

		
	Name:	 	  

		
	Title:	 	  

	
	PARTICIPANT
	
	  

		
	Name:	 	  

  
 9EX-10.15

 Exhibit 10.15 

DIRECTOR NOMINATION AGREEMENT 

THIS DIRECTOR NOMINATION AGREEMENT (this “Agreement”) is made and entered into as of [●], 2015 by and among TransFirst
Holdings Corp., a Delaware corporation (the “Company”), Vista Equity Partners Fund V, L.P., Vista Equity Partners Fund V-A, L.P., Vista Equity Partners Fund V-B, L.P., Vista Equity Partners Fund V Executive, L.P., VEPF V FAF, L.P.
and Vista Equity Associates V, LLC (collectively referred to herein as the “Vista Funds”) and VEP Group, LLC (“VEP Group”) and, together with the Vista Funds and their Affiliates (as defined herein),
“Vista”). This Agreement shall become effective (the “Effective Date”) upon the closing of the Company’s initial public offering of shares of its common stock, par value $0.01 per share (the “Common
Stock”). 
 WHEREAS, as of the date hereof, the Vista Funds collectively own all of the outstanding equity interests of the Company
and whereas VEP Group is the indirect beneficial owner of the majority of such equity interests; 
 WHEREAS, Vista is contemplating causing
the Company to make an initial public offering of shares of its Common Stock; 
 WHEREAS, Vista currently has the authority to appoint all
directors of the Company; 
 WHEREAS, in consideration of Vista agreeing to undertake an initial public offering of the Company’s
common stock, the Company has agreed to permit Vista to designate persons for nomination for election to the board of directors of the Company (the “Board”) following the Effective Date on the terms and conditions set forth herein;

 NOW, THEREFORE, in consideration of the mutual covenants contained herein and other good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, each of the parties to this Agreement agrees as follows: 
 1. Board Nomination Rights.

 (a) From the Effective Date, VEP Group shall have the right, but not the obligation, to nominate to the Board a number of designees equal
to at least: (i) 100% of the Total Number of Directors (as defined below), so long as Vista Beneficially Owns shares of Common Stock representing at least 40% of the Original Amount of the VEP Group, (ii) 40% of the Total Number of
Directors, in the event that Vista Beneficially Owns shares of Common Stock representing at least 30% but less than 40% of the Original Amount of the VEP Group, (iii) 30% of the Total Number of Directors, in the event that Vista Beneficially
Owns shares of Common Stock representing at least 20% but less than 30% of the Original Amount of the VEP Group, (iv) 20% of the Total Number of Directors, in the event that Vista Beneficially Owns shares of Common Stock representing at least
10% but less than 20% of the Original Amount of the VEP Group and (v) one (1) Director (as defined below), in the event that Vista Beneficially Owns shares of Common Stock representing at least 5% of the Original Amount of the VEP Group
(such persons, the “Nominees”). For purposes of calculating the number of directors that VEP Group is entitled to designate pursuant to the immediately preceding sentence, any fractional 

 
amounts shall automatically be rounded up to the nearest whole number (e.g., one and one quarter (11/4) Directors shall equate to two (2) Directors) and any such calculations shall be
made after taking into account any increase in the Total Number of Directors. 
 (b) In the event that VEP Group has nominated less than the
total number of designees VEP Group shall be entitled to nominate pursuant to Section 1(a), Vista shall have the right, at any time, to nominate such additional designees to which it is entitled, in which case, the Company and the
Directors shall take all necessary corporation action, to the fullest extent permitted by applicable law (including with respect to fiduciary duties under Delaware law), to (x) enable VEP Group to nominate and effect the election or appointment
of such additional individuals, whether by increasing the size of the Board, or otherwise and (y) to designate such additional individuals nominated by VEP Group to fill such newly created vacancies or to fill any other existing vacancies. 

(c) In addition to the nomination rights set forth in Section 1(a) above, from the Effective Date, for so long as Vista
Beneficially Owns shares of Common Stock representing at least 5% of the Original Amount of the VEP Group, VEP Group shall have the right, but not the obligation, to designate a person (a “Non-Voting Observer”) to attend meetings of the
Board (including any meetings of any committees thereof) in a non-voting observer capacity. Any such Non-Voting Observer shall be permitted to attend all meetings of the Board. The VEP Group shall have the right to remove and replace its Non-Voting
Observer at any time and from time to time. The Company shall furnish to any Non-Voting Observer (i) notices of Board meetings no later than, and using the same form of communication as, notice of Board meetings are furnished to directors and
(ii) copies of any materials prepared for meetings of the Board that are furnished to the directors no later than the time such materials are furnished to the directors; provided that failure to deliver notice, or materials, to such Non-Voting
Observer in connection with such Non-Voting Observer’s right to attend and/or review materials with respect to, any meeting of the Board shall not, by itself, impair the validity of any action taken by such Board at such meeting. Such
Non-Voting Observer shall be required to execute or otherwise become subject to any codes of conduct or confidentiality agreements of the Company generally applicable to directors of the Company or as the Company reasonably requests. 

(d) The Company shall pay all reasonable out-of-pocket expenses incurred by the Nominees and the Non-Voting Observer in connection with the
performance of his or her duties as a director or a Non-Voting Observer and in connection with his or her attendance at any meeting of the Board. 

(e) “Beneficially Own” shall mean that a specified person has or shares the right, directly or indirectly, through any contract,
arrangement, understanding, relationship or otherwise, to vote shares of capital stock of the Company. “Affiliate” of any person shall mean any other person controlled by, controlling or under common control with such person; where
“control” (including, with its correlative meanings, “controlling,” “controlled by” and “under common control with”) means possession, directly or indirectly, of power to direct or cause the direction of
management or policies (whether through ownership of securities, by contract or otherwise). 

  
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 (f) “Director” means any member of the Board. 

(g) “Original Amount of the VEP Group” means the aggregate number of shares of Common Stock held by the VEP Group on the date
hereof, as such number may be adjusted from time to time for any reorganization, recapitalization, stock dividend, stock split, reverse stock split or other similar changes in the Company’s capitalization. 

(h) “Total Number of Directors” means the total number of directors comprising the Board. 

(i) No reduction in the number of shares of Common Stock that Vista Beneficially Owns shall shorten the term of any incumbent director. At the
Effective Date, the Board shall be comprised of eight members and the initial Nominees shall be Robert Smith, Scott Betts, David Bonnette, Betty Hung, Kenneth Jensen, Maneet (Monti) Saroya, John Shlonsky and Martin Taylor. 

(j) In the event that any Nominee shall cease to serve for any reason, VEP Group shall be entitled to designate such person’s successor
in accordance with this Agreement (regardless of Vista’s beneficial ownership in the Company at the time of such vacancy) and the Board shall promptly fill the vacancy with such successor nominee; it being understood that any such designee
shall serve the remainder of the term of the director whom such designee replaces. 
 (k) If a Nominee is not appointed or elected to the
Board because of such person’s death, disability, disqualification, withdrawal as a nominee or for other reason is unavailable or unable to serve on the Board, VEP Group shall be entitled to designate promptly another nominee and the director
position for which the original Nominee was nominated shall not be filled pending such designation. 
 (l) So long as VEP Group has the
right to nominate Nominees under Section 1(a) or any such Nominee is serving on the Board, the Company shall use its reasonable best efforts to maintain in effect at all times directors and officers indemnity insurance coverage reasonably
satisfactory to Vista, and the Company’s Amended and Restated Certificate of Incorporation and Amended and Restated Bylaws (each as may be further amended, supplemented or waived in accordance with its terms) shall at all times provide for
indemnification, exculpation and advancement of expenses to the fullest extent permitted under applicable law. 
 (m) At such time as the
Company ceases to be a “controlled company” and is required by applicable law or the NASDAQ Global Select Market (the “Exchange”) listing standards to have a majority of the Board comprised of “independent
directors” (subject in each case to any applicable phase-in periods), Vista’s Nominees shall include a number of persons that qualify as “independent directors” under applicable law and the Exchange listing standards such that,
together with any other “independent directors” then serving on the Board that are not Nominees, the Board is comprised of a majority of “independent directors.” 

(n) At any time that VEP Group shall have any nomination rights under Section 1, the Company shall not take any action, including
making or recommending any amendment to the Certificate of Incorporation or the Company’s bylaws that could reasonably be expected to adversely affect the VEP Group’s rights under this Agreement, in each case without the prior written
consent of the VEP Group. 

  
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 2. Company Obligations. The Company agrees to use its reasonable best efforts to ensure
that prior to the date that Vista and its Affiliates cease to Beneficially Own shares of Common Stock representing at least 5% of the total voting power of the then outstanding Common Stock, (i) each Nominee is included in the Board’s
slate of nominees to the stockholders for each election of directors; and (ii) each Nominee is included in the proxy statement prepared by management of the Company in connection with soliciting proxies for every meeting of the stockholders of
the Company called with respect to the election of members of the Board, and at every adjournment or postponement thereof, and on every action or approval by written consent of the stockholders of the Company or the Board with respect to the
election of members of the Board. VEP Group will promptly provide reporting to the Company after Vista and its Affiliates cease to Beneficially Own shares of Common Stock representing at least 5% of the total voting power of the then outstanding
Common Stock, such that Company is informed of when this obligation terminates. Furthermore, the Company agrees for so long as the Company qualifies as a “controlled company” under the rules of the Exchange the Company will elect to be a
“controlled company” for purposes of the Exchange and will disclose in its annual meeting proxy statement that it is a “controlled company” and the basis for that determination. The Company and Vista acknowledge and agree that,
as of the Effective Date, the Company is a “controlled company.”. 
 3. Committees. From and after the Effective Date
hereof until such time as Vista and its Affiliates cease to Beneficially Own shares of Common Stock representing at least 5% of the total voting power of the then outstanding Common Stock, Vista shall have the right to designate a number of members
of each committee of the Board equal to the nearest whole number greater than the product obtained by multiplying (a) the percentage of the total voting power of the then outstanding Common Stock then Beneficially Owned by Vista and
(b) the number of positions, including any vacancies, on the applicable committee, provided that any such designee shall be a director and shall be eligible to serve on the applicable committee under applicable law or listing standards of the
Exchange, including any applicable independence requirements (subject in each case to any applicable exceptions, including those for newly public companies and for “controlled companies,” and any applicable phase-in periods). Any
additional members shall be determined by the Board. 
 4. Amendment and Waiver. Any provision of this Agreement may be amended or
waived if, but only if, such amendment or waiver is in writing and is signed, in the case of an amendment, by the Company and Vista, or in the case of a waiver, by the party against whom the waiver is to be effective. No failure or delay by any
party in exercising any right, power or privilege hereunder shall operate as a waiver thereof nor shall any single or partial exercise thereof preclude any other or further exercise thereof or the exercise of any other right, power or privilege. The
rights and remedies herein provided shall be cumulative and not exclusive of any rights or remedies provided by law. 

  
 4 

 5. Benefit of Parties. This Agreement shall be binding upon and shall inure to the benefit
of the parties hereto and their respective permitted successors and assigns. Notwithstanding the foregoing, the Company may not assign any of its rights or obligations hereunder without the prior written consent of Vista. Except as otherwise
expressly provided in Section 6, nothing herein contained shall confer or is intended to confer on any third party or entity that is not a party to this Agreement any rights under this Agreement. 

6. Assignment. Upon written notice to the Company, VEP Group may assign to any of the Vista Funds or any Affiliate of VEP Group (other
than a portfolio company) all of its rights hereunder and, following such assignment, such assignee shall be deemed to be “VEP Group” for all purposes hereunder. 

7. Headings. Headings are for ease of reference only and shall not form a part of this Agreement. 

8. Governing Law. This Agreement shall be construed in accordance with and governed by the law of the State of Delaware without giving
effect to the principles of conflicts of laws thereof. 
 9. Jurisdiction. Any suit, action or proceeding seeking to enforce any
provision of, or based on any matter arising out of or in connection with, this Agreement may be brought against any of the parties in any federal court located in the State of Delaware or any Delaware state court, and each of the parties hereby
consents to the exclusive jurisdiction of such court (and of the appropriate appellate courts) in any such suit, action or proceeding and waives any objection to venue laid therein. Process in any such suit, action or proceeding may be served on any
party anywhere in the world, whether within or without the jurisdiction of any such court. Without limiting the foregoing, each of the parties agrees that service of process upon such party at the address referred to in Section 16,
together with written notice of such service to such party, shall be deemed effective service of process upon such party. 
 10. WAIVER
OF JURY TRIAL. EACH OF THE PARTIES HERETO HEREBY IRREVOCABLY WAIVES ANY AND ALL RIGHT TO TRIAL BY JURY IN ANY LEGAL PROCEEDING ARISING OUT OF OR IN CONNECTION WITH THIS AGREEMENT. 

11. Entire Agreement. This Agreement constitutes the entire agreement among the parties with respect to the subject matter hereof and
supersedes all prior agreements, understandings and negotiations, both written and oral among the parties with respect to the subject matter hereof. 

12. Counterparts; Effectiveness. This Agreement may be signed in any number of counterparts, each of which shall be deemed an original.
This Agreement shall become effective when each party shall have received a counterpart hereof signed by each of the other parties. An executed copy or counterpart hereof delivered by facsimile shall be deemed an original instrument. 

  
 5 

 13. Severability. If any provision of this Agreement or the application thereof to any
person or circumstance shall be invalid or unenforceable to any extent, the remainder of this Agreement and the application of such provisions to other persons or circumstances shall not be affected thereby and shall be enforced to the greatest
extent permitted by law. 
 14. Further Assurances. Each of the parties hereto shall execute and deliver such further instruments and
do such further acts and things as may be required to carry out the intent and purpose of this Agreement. 
 15. Specific
Performance. Each of the parties hereto agree that irreparable damage would occur if any provision of this Agreement were not performed in accordance with the terms hereof and that the parties shall be entitled to an injunction or injunctions to
prevent breaches of this Agreement or to enforce specifically the performance of the terms and provisions hereof in any federal or state court located in the State of Delaware, in addition to any other remedy to which they are entitled at law or in
equity. 
 16. Notices. All notices, requests and other communications to any party or to the Company shall be in writing (including
telecopy or similar writing) and shall be given, 
 If to the Company: 

1393 Veterans Memorial Highway, Suite 307S 

Hauppauge, New York 11788 

Attention: General Counsel 

If to any member of Vista or any Nominee: 

c/o Vista Equity Partners 
 4
Embarcadero Center 
 20th Floor 

San Francisco, California 94111 

Attention: David Breach 

Facsimile: (415) 765-6666 

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

Kirkland & Ellis LLP 

300 N. LaSalle 
 Chicago, IL 60654

 Attention: Robert M. Hayward, P.C. 

Facsimile: (312) 862-2200 
 or to such other
address or telecopier number as such party or the Company may hereafter specify for the purpose by notice to the other parties and the Company. Each such notice, request or other communication shall be effective when delivered at the address
specified in this Section 16 during regular business hours. 

  
 6 

 17. Enforcement. Each of the parties hereto covenant and agree that the disinterested
members of the Board have the right to enforce, waive or take any other action with respect to this Agreement on behalf of the Company. 

*    *    *    *    * 

  
 7 

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

			
	TRANSFIRST HOLDINGS CORP.
		
	By:	 	  

	Name:	 	
	Title:	 	
	
	VISTA EQUITY PARTNERS FUND V, L.P.
		
	By:	 	Vista Equity Partners Fund V GP, LLC
	Its:	 	General Partner
		
	By:	 	VEP Group, LLC
	Its:	 	Senior Managing Member
		
	By:	 	  

	Name:	 	Robert F. Smith
	Title:	 	Managing Member
	
	VISTA EQUITY PARTNERS FUND V-A, L.P.
		
	By:	 	Vista Equity Partners Fund V GP, LLC
	Its:	 	General Partner
		
	By:	 	VEP Group, LLC
	Its:	 	Senior Managing Member
		
	By:	 	  

	Name:	 	Robert F. Smith
	Title:	 	Managing Member

 
			
	VISTA EQUITY PARTNERS FUND V-B, L.P.
		
	By:	 	Vista Equity Partners Fund V GP, LLC
	Its:	 	General Partner
		
	By:	 	VEP Group, LLC
	Its:	 	Senior Managing Member
		
	By:	 	  

	Name:	 	Robert F. Smith
	Title:	 	Managing Member
	
	VISTA EQUITY PARTNERS FUND V EXECUTIVE, L.P.
		
	By:	 	Vista Equity Partners Fund V GP, LLC
	Its:	 	General Partner
		
	By:	 	VEP Group, LLC
	Its:	 	Senior Managing Member
		
	By:	 	  

	Name:	 	Robert F. Smith
	Title:	 	Managing Member
	
	VEPF V FAF, L.P.
		
	By:	 	Vista Equity Partners Fund V GP, LLC
	Its:	 	General Partner
		
	By:	 	VEP Group, LLC
	Its:	 	Senior Managing Member
		
	By:	 	  

	Name:	 	Robert F. Smith
	Title:	 	Managing Member

 
			
	VISTA EQUITY ASSOCIATES V, LLC
		
	By:	 	VEP Group, LLC
	Its:	 	Senior Managing Member
		
	By:	 	  

	Name:	 	Robert F. Smith
	Title:	 	Managing Member

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