Document:

EX-10.8

 Exhibit 10.8 

AMENDED AND RESTATED INTERCOMPANY NOTE 
  

			
	US $1,145,625,000.00	 	Dated May 30, 2014

 WHEREAS, Fidelity National Financial, Inc., a Delaware corporation (the “Lender”), and Black
Knight Holdings, Inc. (formerly Black Knight Financial Services, Inc.), a Delaware corporation (the “Initial Borrower”) entered into that certain Intercompany Note, dated as of January 2, 2014 (the “Existing
Note”), pursuant to which the Lender extended a loan in an original principal amount of $1,175,000,000.00 to the Initial Borrower; 

WHEREAS, the Initial Borrower, the Lender and Black Knight Financial Services, LLC (formerly (Black Knight Financial Services I, LLC), a Delaware
limited liability company (“Borrower A”) entered in that certain Assumption Agreement dated as of January 3, 2014, pursuant to which Borrower A assumed $688,000,000.00 of the of the principal amount of the loans under
the Existing Note from the Initial Borrower and the Initial Borrower was released of its obligations under the Existing Note; 
 WHEREAS, the Initial
Borrower, the Lender and ServiceLink Holdings, LLC (formerly Black Knight Financial Services II, LLC), a Delaware limited liability company (“Borrower B” and together with Borrower A, the “Borrowers”)
entered in that certain Assumption Agreement dated as of January 3, 2014, pursuant to which Borrower B assumed $487,000,000.00 of the principal amount of the loans under the Existing Note from the Initial Borrower and the Initial Borrower was
released of its obligations under the Existing Note; 
 WHEREAS, on March 31, 2014, the Borrowers repaid an aggregate principal amount due under
the Existing Note equal to $29,375,000.00 such that after giving effect to such repayment, the aggregate outstanding principal amount owed by Borrower A thereunder was $670,800,000.00 and the aggregate outstanding principal amount owed by Borrower B
thereunder was $474,825,000.00; and 
 WHEREAS, the Lender and the Borrowers have agreed to amend and restate the Existing Note in its entirety as
provided in this Amended and Restated Intercompany Note (this “Note”). 
 FOR VALUE RECEIVED, (i) Borrower A, hereby
unconditionally promises to pay to the order of the Lender, the principal sum of six hundred seventy million eight hundred thousand United States dollars (US $670,800,000.00) (the “Tranche A Loan”) and (ii) Borrower B,
hereby unconditionally promises to pay to the order of the Lender, the principal sum of four hundred seventy-four million eight hundred twenty-five thousand United States dollars (US $474,825,000.00) (the “Tranche B Loan” and
together with the Tranche A Loan, the “Term Loans”), in each case, on the terms set forth below. 
 1. Repayment. 

(a) Borrower A hereby unconditionally promises to repay the Tranche A Loan to the Lender on January 2, 2024 (the “Maturity
Date”), in an amount equal to the remainder of the outstanding principal amount of Tranche A Loan together with accrued and unpaid interest on the outstanding principal amount of the Tranche A Loan to but excluding the date of such
payment. Borrower A shall have the option to prepay, at any time and from time to time, all or any portion of the outstanding principal amount Tranche A Loan, without premium or penalty. 

(b) Borrower B hereby unconditionally promises to repay the Tranche B Loan to the Lender on January 2, 2024 (the “Maturity
Date”), in an amount equal to the remainder of the outstanding principal amount of Tranche B Loan together with accrued and unpaid interest on the outstanding principal amount of the Tranche B Loan to but excluding the date of such
payment. Borrower B shall have the option to prepay, at any time and from time to time, all or any portion of the outstanding principal amount of the Tranche B Loan, without premium or penalty. 

  
 [NOTE] 

 2. Place of Payment. All amounts payable hereunder shall be payable to the Lender by wire transfer
of immediately available funds into an account or accounts designated by the Lender in writing from time to time. All payments shall be made in lawful money of United States and shall include all fees and costs, including any currency exchange
costs, applicable to such payments. 
 3. Interest. The principal amount of the Term Loans remaining from time to time unpaid and outstanding
shall bear interest at a rate of 10.0% per annum, calculated on the basis of a year of 365 days. Such interest shall be calculated and payable quarterly on the last day of each March, June, September and December of each fiscal year. For the
avoidance of doubt, any interest that accrued on the Principal Sum (as defined in the Existing Note) under the Existing Note prior to the date hereof that has not been paid to the Lender shall be due and payable on the interest payment date
immediately succeeding the date hereof. 
 4. Creditor Rights. In the event that (i) any Borrower shall fail to make any scheduled
payment of interest hereunder prior to maturity, (ii) any Borrower shall be dissolved or adjudicated insolvent, or (iii) any Borrower shall cease engaging in business operations, (iv) any legal proceeding by any judgment creditor is
commenced against any Borrower to attach or levy upon any material property of any Borrower, which his not dismissed within forty-five (45) days, (v) any Borrower shall become the subject of any bankruptcy (including, without limitation,
any reorganization under Chapter 11 of Title 11 of the United States Code and /or its foreign equivalent), insolvency, receivership, liquidation (including, without limitation, any liquidation under Chapter 7 of Title 11 of the United States Code
and/or its foreign equivalent), or dissolution under applicable law or statute, or (vi) any Borrower shall make a general assignment for the benefit of its creditors, then, in each case of clauses (i) through (vi) above, the Lender,
at its option, shall have the right to declare the Term Loan owed by the applicable Borrower outstanding hereunder to be immediately due and payable without notice or demand. In such event, the applicable Borrower shall be required to make immediate
payment of the entire outstanding principal balance of applicable Term Loan, together with all accrued and unpaid interest thereon. 
 5.
Miscellaneous. 
 (a) Submission to Jurisdiction; Waivers; Amendments. THE LENDER AND EACH BORROWER HEREBY IRREVOCABLY SUBMIT TO THE
JURISDICTION OF ANY STATE OR FEDERAL COURT SITTING IN THE STATE OF DELAWARE, AND THEY HEREBY IRREVOCABLY AGREE THAT ANY ACTION MAY BE HEARD AND DETERMINED IN SUCH DELAWARE STATE OR FEDERAL COURT. THE LENDER AND EACH BORROWER HEREBY WAIVE TRIAL BY
JURY IN ANY ACTION OR PROCEEDING OF ANY KIND OR NATURE IN ANY COURT OR TRIBUNAL IN WHICH AN ACTION MAY BE COMMENCED BY OR AGAINST SUCH BORROWER ARISING OUT OF THIS NOTE OR BY REASON OF ANY OTHER CAUSE OR DISPUTE WHATSOEVER BETWEEN SUCH BORROWER AND
THE LENDER OF ANY KIND OR NATURE. No delay or failure on the part of the Lender in the exercise of any right or remedy shall operate as a waiver thereof, and no single or partial exercise by the Lender of any right or remedy shall preclude other or
further exercise thereof or the exercise of any other right or remedy. The rights, remedies, powers and privileges provided herein are cumulative and not exclusive of any rights, remedies, powers and privileges provided by law. Time is of the
essence in respect of the performance of all payment obligations under this Note. Each Borrower hereby waives presentment and demand for payment, notice of dishonour, protest and notice of protest of this Note. No modification or waiver of any
provision of this Note or consent to departure therefrom shall be effective unless in writing and signed by (a) with respect to provisions, consent or departures related to the Tranche A Loan, Borrower A and the Lender and (b) with respect
to provisions, consent or departures related to the Tranche B Loan, Borrower B and the Lender. 

 (b) Governing Law. THIS NOTE SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF
THE STATE OF DELAWARE AND NO CONFLICTS OF LAW PRINCIPLES WILL APPLY TO THIS NOTE. 
 (c) Severability. In the event that any provision of this
Note would be held in any jurisdiction to be invalid, prohibited or unenforceable for any reason, such provision, as to such jurisdiction, shall be ineffective, without invalidating the remaining provisions of this Note or affecting the validity or
enforceability of such provision in any jurisdiction. 
 (d) Counterparts; Binding Effect; Successors and Assigns. This Note may be executed
in counterparts (and by different parties hereto on different counterparts), each of which shall constitute an original but all of which when taken together shall constitute a single contract. This Note shall be assignable by each Borrower without
the prior written consent of the Lender. Subject to the foregoing, this Note and every part hereof shall be binding upon the undersigned and their respective successors and assigns, and shall inure to the benefit of and be enforceable by the Lender
and any of its successors and assigns. 
 6. Amendment and Restatement. The terms and conditions of the Existing Note are amended as set forth
in, and restated in their entirety and superseded by, this Note. Nothing in this Note shall be deemed to be a novation of any of the obligations under the Existing Note. Notwithstanding any provisions of this Note, the execution and delivery of this
Note and the incurrence of the obligations hereunder shall be in substitute for, but not in payment of, the obligations owed by the Borrowers under the Existing Note. 

[Remainder of Page Intentionally Left Blank] 

 IN WITNESS WHEREOF, the undersigned have executed this Note as of the date first written above, 

 

			
	BORROWER A:
	
	BLACK KNIGHT FINANCIAL SERVICES, LLC
		
	By:	 	 /s/ David Ducommun

	Name:	 	David Ducommun
	Title:	 	Senior Vice President
	
	BORROWER B:
	
	SERVICELINK HOLDINGS, LLC
		
	By:	 	 /s/ David Ducommun

	Name:	 	David Ducommun
	Title:	 	Senior Vice President
	
	THE LENDER:
	
	FIDELITY NATIONAL FINANCIAL, INC.
		
	By:	 	 /s/ Brent B. Bickett

	Name:	 	Brent B. Bickett
	Title:	 	President

  
 [Amended and Restated
Intercompany Note]EX-10.12

 Exhibit 10.12 

BLACK KNIGHT FINANCIAL SERVICES, LLC 

INCENTIVE PLAN 

January 1, 2014 

Section 1. Establishment and Purpose 

Black Knight Financial Services, LLC (hereinafter referred to as the “Company”) hereby establishes a cash incentive compensation plan
to be known as the “Black Knight Financial Services, LLC Incentive Plan” (hereinafter referred to as the “Plan”). 
 The
purpose of the Plan is to help the Company and its Subsidiaries attract and retain highly qualified employees and other service providers and to provide such employees and other service providers with additional financial incentives to promote the
success of the Company and its Subsidiaries. 
 The Plan is effective as of January 1, 2014. The Plan will remain in effect until such
time as it shall be terminated by the Board, pursuant to Section 8 herein. 
 Section 2. Definitions 

Unless the context requires otherwise, the following words, when capitalized, shall have the meanings ascribed below: 

(a) “Board” means the board of managers of the Company. 

(b) “Code” means the Internal Revenue Code of 1986, as amended. 

(c) “Committee” means the Compensation Committee of the Board. 

(d) “Company” means Black Knight Financial Services, LLC. 

(e) “Participant” means an individual who is selected by the Committee to participate in the Plan. 

(f) “Performance Period” means the fiscal year of the Company or such shorter or longer period as determined by the Committee. 

(g) “Plan” means the Black Knight Financial Services, LLC Incentive Plan, as may be amended from time to time. 

(h) “Subsidiary” means any corporation in which the Company owns, directly or indirectly, at least fifty percent (50%) of the
total combined voting power of all classes of stock, or any 

 
other entity (including, without limitation, partnerships and joint ventures) in which the Company owns, directly or indirectly, at least fifty percent (50%) of the combined equity thereof.

 Section 3. Administration 

The Committee will consist of the Compensation Committee of the Board or, in the absence of a Compensation Committee, the Board or such
committee as the Board shall select (the “Committee”). Once appointed, the Committee will serve in its designated capacity until otherwise directed by the Board. The Plan may be administered by different bodies with respect to different
Participants. Subject to applicable laws and any applicable stock exchange rules, the Committee may delegate to a committee of one or more managers or to one or more employees any of its authority hereunder. Subject to applicable laws and the
provisions of the Plan, and except as otherwise provided by the Board, the Committee shall have full and final authority in its discretion to establish rules and take all actions, including, without limitation, interpreting the terms of the Plan and
any related rules or regulations or other documents enacted hereunder and deciding all questions of fact arising in their application, determined by the Committee to be necessary in the administration of the Plan. Decisions of the Committee shall be
final, conclusive and binding on all persons and entities. 
 Section 4. Eligibility 

Eligibility under the Plan is limited to employees and other individuals who provide services to or for the benefit of the Company and/or its
Subsidiaries, and who are designated by the Committee to participate in the Plan. 
 Section 5. Form of Payment 

Payment of incentive awards under the Plan shall be made in cash. 

Section 6. Determination of Incentive Awards 

(a) Designation of Participants, Performance Period and Performance Objectives. The Committee shall select the Participants to whom
incentive awards shall be granted, designate the applicable Performance Period, establish the target incentive award for each Participant, if applicable, and establish the performance objective or objectives that must be satisfied in order for a
Participant to receive an incentive award for such Performance Period. Any such performance objectives will be based upon one or more of the following performance measures, or such other performance measures (including, without limitation,
individual measures) as determined by the Committee: 

  
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 (i) earnings per unit, 

(ii) economic value created, 

(iii) market share (actual or targeted growth), 

(iv) net income (before or after taxes) (actual or adjusted), 

(v) operating income and/or earnings before interest, taxes, depreciation and amortization (EBITDA) (actual or adjusted), 

(vi) sales contract growth, 

(vii) return on assets (actual or targeted growth), 

(viii) return on capital (actual or targeted growth), 

(ix) return on equity (actual or targeted growth), 

(x) return on investment (actual or targeted growth), 

(xi) revenue (actual or targeted growth), 

(xii) cash flow, 
 (xiii)
operating margin, 
 (xiv) unit price, 

(xv) unit price growth, 
 (xvi)
total equityholder return, and 
 (xvii) strategic business criteria consisting of one or more objectives based on meeting specified market
penetration goals, productivity measures, geographic business expansion goals, cost targets, customer satisfaction or employee satisfaction goals, goals relating to merger or other transaction-related synergies, management of employment practices
and employee benefits, or supervision of litigation and information technology, and goals relating to acquisitions or divestitures of Subsidiaries and/or other affiliates or joint ventures. 

The targeted level or levels of performance with respect to such performance measures may be established at such levels and on such terms as
the Committee may determine, in its discretion, including, without limitation, in absolute terms, as a goal relative to performance in prior periods, or as a goal compared to the performance of one or more comparable companies or an index covering
multiple companies. 

  
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 (b) Payment of Awards. As soon as reasonably practicable after the end of each Performance
Period, the Committee shall (i) determine whether the performance objectives for the Performance Period have been satisfied and (ii) determine the amount of the incentive award to be paid to each Participant for such Performance Period.
Awards shall be paid to the Participants following such determination by the Committee no later than the 15th day of the third month following the close of the Performance Period with respect to which the awards are made. 

(c) Committee Discretion. Notwithstanding the foregoing, to the extent permitted by applicable law, the Committee shall retain
discretion to adjust performance goals, measures and/or targets and the amounts payable with respect to an award, including, without limitation, the discretion to reduce the amount of any incentive award that would otherwise be payable to a
Participant, including a reduction in such amount to zero. 
 Section 7. Termination of Employment 

Unless otherwise determined by the Committee or specified in an employment or other binding agreement with the Participant, a Participant shall
have no right to an incentive award under the Plan for any Performance Period in which the Participant is not actively employed by the Company or a Subsidiary on the last day of the Performance Period to which such award relates. The Committee, in
its sole and absolute discretion, may impose such additional service restrictions as it deems appropriate. 
 Section 8. Amendment or Termination
of the Plan 
 The Board may at any time and from time to time, alter, amend, suspend or terminate the Plan in whole or in part. 

Section 9. Taxes 
 Any amount
payable to a Participant under this Plan shall be subject to any applicable Federal, state and/or local income and employment taxes and any other amounts that the Company is required at law to deduct and withhold from such payment. 

Section 10. General Provisions 

(a) No Rights to Employment. Nothing contained in the Plan shall create any rights of employment in any Participant or in any way affect
the right and power of the Company or a Subsidiary to discharge any Participant or otherwise terminate the Participant’s employment at any time with or without cause or to change the terms of employment in any way. 

  
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 (b) Non-Exclusive Plan. The adoption of the Plan by the Board shall not be construed as
creating any limitations on the power of the Board or a committee thereof to adopt such other incentive arrangements as it may deem desirable. 

(c) Unfunded Plan. Awards under the Plan will be paid from the general assets of the Company, and the rights of Participants under the
Plan will be only those of general unsecured creditors of the Company. 
 (d) Non-alienation of Benefits. Except as expressly
provided herein, no Participant shall have the power or right to sell, transfer, assign, pledge or otherwise encumber the Participant’s interest under the Plan. 

(e) Severability. In the event any provision of the Plan shall be held illegal or invalid for any reason, the illegality or invalidity
shall not affect the remaining parts of the Plan, and the Plan shall be construed and enforced as if the illegal or invalid provision had not been included. 

(f) Successors. All obligations of the Company under the Plan shall be binding on any successor to the Company, whether the existence
of such successor is the result of a direct or indirect purchase, merger, consolidation, or other event, or a sale or disposition of all or substantially all of the business and/or assets of the Company and references to the “Company”
herein shall be deemed to refer to such successors. 
 (g) Governing Law. All questions concerning the construction, validity and
interpretation of this Plan shall be governed by and construed in accordance with the domestic laws of the State of Delaware applicable to contracts made and to be performed in the State of Delaware, excluding any conflicts or choice of law rule or
principle that might otherwise refer construction or interpretation of this Plan to the substantive law of another jurisdiction. 
 (h)
Code Section 409A Compliance. To the extent applicable, it is intended that this Plan and any incentive awards granted hereunder comply with, or qualify for an exemption from, the requirements of Section 409A of the Code and any
related regulations or other guidance promulgated with respect to such Section by the U.S. Department of the Treasury or the Internal Revenue Service (“Section 409A”), and the Plan and any award agreement or other document relating to an
award under the Plan shall be interpreted accordingly. Any provision that would cause the Plan or any incentive award granted hereunder to fail to satisfy Section 409A shall have no force or effect until amended to comply with
Section 409A, which amendment may be retroactive to the extent permitted by Section 409A. Notwithstanding the foregoing, the Company makes no representation or warranty that awards under the Plan will not be subject to

  
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(or will comply with) Section 409A of the Code, and in no event shall the Board, the Company or any affiliate of the Company (or their employees, agents, officers, directors, managers,
successors or assigns) be liable to any Participant for any failure to comply with Section 409A or an applicable exemption thereunder. 

  
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