Document:

Form of Indemnification Agreement

 Exhibit 10.5 
 INDEMNIFICATION AGREEMENT 
 This Indemnification Agreement (the
“Agreement”) is entered into as of             , by and between Loyalty Alliance Enterprise Corporation, a Cayman Islands company (the “Company”),
and the undersigned (“Indemnitee”). 
 RECITALS 

WHEREAS, the Company recognizes that highly competent persons are becoming more reluctant to serve corporations as directors or in other
capacities unless they are provided with adequate protection through insurance or adequate indemnification against risks of claims and actions against them arising out of their services to the corporation. 

WHEREAS, the Board of Directors of the Company (the “Board” or the “Board of Directors”) has determined
that an inability to attract and retain highly competent persons to serve the Company is detrimental to the best interests of the Company and its shareholders and that it is reasonable and necessary for the Company to provide adequate protection to
such persons against risks of claims and actions against them arising out of their services to the corporation. 
 WHEREAS, the
Indemnitee does not regard the indemnities available under the Company’s amended and restated memorandum and articles of association, as amended from time to time (the “Articles of Association”), as adequate to protect
Indemnitee against the risks associated with Indemnitee’s service to the Company. 
 WHEREAS, the Company is willing to
indemnify Indemnitee to the fullest extent permitted by applicable law, and Indemnitee is willing to serve and continue to serve the Company on the condition that Indemnitee be so indemnified. 

AGREEMENT 

In consideration of the premises and the covenants contained herein, the Company and Indemnitee do hereby covenant and agree as follows:

  

	 	A.	DEFINITIONS 

 The
following terms shall have the meanings defined below: 
 Change in Control shall mean a change in control of the Company
of a nature that would be required to be reported in response to Item 6(e) of Schedule 14A of Regulation 14A (or in response to any similar item on any similar or successor schedule or form) promulgated under the United States Securities
Exchange Act of 1934, as amended, and the rules and regulations promulgated thereunder (collectively, the “Exchange Act”), whether or not the Company is then subject to such reporting requirement; provided, however, that, without
limitation, such a Change in Control shall be deemed to have occurred (irrespective of the applicability of the initial clause of this definition) if (i) any “person” (as such term is used in Sections 13(d) and 14(d) of the Exchange
Act, but excluding any trustee or other fiduciary holding securities pursuant to an employee benefit or welfare plan or employee share plan of the Company or any subsidiary of the Company, or any entity organized, appointed, established or holding
securities of the Company with voting power for or pursuant to the terms of any such plan) is or becomes the “beneficial owner” (as defined in Rule 13d-3 under the Exchange Act), directly or indirectly, of securities of the Company
representing 20% or more of the combined voting power of the Company’s then outstanding securities without the prior approval of at least two-thirds of the Continuing Directors (as defined below) in office immediately prior to such
person’s attaining such interest, (ii) the Company is a party to a merger, consolidation, scheme of arrangement, sale of assets or other reorganization, or a proxy contest, as a consequence of which Continuing Directors in office
immediately prior to such transaction or event constitute less than a majority of the Board of Directors of the Company (or any successor entity) thereafter, (iii) during any period of two (2) consecutive years, individuals who at the
beginning of such period constituted the Board of Directors of the Company (including for this purpose any new director whose election or nomination for election by the Company’s shareholders was approved by a vote of at least two-thirds of the
directors then still in office who were directors at the beginning of such period) (such directors being referred to herein as “Continuing Directors”) cease for any reason to constitute at least a majority of the Board of Directors
of the Company, (iv) the shareholders of the Company approve a merger or consolidation that would result in the Voting Securities of the Company outstanding immediately prior thereto continuing to represent (either by remaining outstanding or
being converted into Voting Securities of the surviving entity) at least 80% of the total voting power represented by the Voting Securities of the Company or such surviving entity outstanding immediately after such merger or consolidation, or
(v) the shareholders of the Company approve a plan of complete liquidation of the Company or an agreement for the sale or disposition by the Company (in one transaction or a series of transactions) of all or substantially all of the
Company’s assets. 

  
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 Expenses shall include all expenses, damages, judgments, fines, penalties and amounts
paid or to be paid in settlement (if such settlement is approved in advance by the Company, which approval shall not be unreasonably withheld or delayed), costs, attorneys’ fees and disbursements and costs of attachment or similar bond,
investigations, any expenses paid or incurred in connection with investigating, defending, being a witness in, participating in (including on appeal), or preparing for any of the foregoing in, any Proceeding and any U.S. federal, state, local or
foreign taxes imposed on the Indemnitee as a result of the actual or deemed receipt of any payments under this Agreement, and all interest, assessments and other charges paid or payable thereon or in respect thereto. 

Indemnifiable Event means any event or occurrence that takes place either before or after the execution of this Agreement, related
to the fact that Indemnitee is or was a director, officer, employee, controlling person, agent or fiduciary of the Company or any of its subsidiaries or any predecessor of the Company or any of its subsidiaries, or is or was serving at the written
request of the Company as a director, officer, employee, controlling person, agent or fiduciary of another corporation, partnership, joint venture or other entity, or related to anything done or not done by Indemnitee in any such capacity, whether
or not the basis of the Proceeding is alleged action or inaction in an official capacity. 
 Participant means a person
who is a party to, or witness or participant (including on appeal) in, a Proceeding. 
 Proceeding means any threatened,
pending, or completed action, suit, arbitration, alternative dispute resolution mechanism or proceeding, or any inquiry, hearing or investigation, whether civil, criminal, administrative, investigative or other, including appeal, in the United
States or anywhere else in the world, which Indemnitee may be or may have been involved as a party or otherwise by reason of an Indemnifiable Event, including, without limitation, any threatened, pending, or completed action, suit or proceeding by
or in the right of the Company. 
 Voting Securities means any securities of the Company that vote generally in the
election of directors. 
  

	 	B.	AGREEMENT TO INDEMNIFY 

1. General Agreement. In the event Indemnitee was, is, or becomes a Participant in, or is threatened to be made a Participant in, a
Proceeding, the Company shall indemnify the Indemnitee from and against any and all Expenses which Indemnitee actually and reasonably incurs or becomes obligated to incur in connection with such Proceeding, to the fullest extent permitted by
applicable law, as such law may be amended from time to time. 
 2. Indemnification of Expenses of Successful Party.
Notwithstanding any other provision of this Agreement, to the extent that Indemnitee has been successful on the merits in defense of any Proceeding or in defense of any claim, issue or matter in such Proceeding, Indemnitee shall be indemnified
against all Expenses actually and reasonably incurred in connection with such Proceeding or such claim, issue or matter, as the case may be, offset by the amount of cash, if any, received by the Indemnitee resulting from his/her success therein.

 3. Partial Indemnification. If Indemnitee is entitled under any provision of this Agreement to indemnification by the
Company for a portion of Expenses, but not for the total amount of Expenses, the Company shall indemnify the Indemnitee for the portion of such Expenses to which Indemnitee is entitled. 

4. Exclusions. Notwithstanding anything in this Agreement to the contrary, Indemnitee shall not be entitled to indemnification
under this Agreement: 
 (a) to the extent that payment in respect of Expenses is actually made to Indemnitee under a valid,
enforceable and collectible insurance policy; 

  
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 (b) to the extent that Indemnitee is indemnified and actually paid in respect of Expenses
other than pursuant to this Agreement; 
 (c) in connection with a judicial action by or in the right of the Company, in
respect of any claim, issue or matter as to which the Indemnitee shall have been adjudicated by final judgment in a court of competent jurisdiction to be liable for willful neglect or default in the performance of his duty to the Company unless and
only to the extent that any court in which such action was brought shall determine upon application that, despite the adjudication of liability but in view of all the circumstances of the case, the Indemnitee is fairly and reasonably entitled to
indemnity for such Expenses as such court shall deem proper; 
 (d) in connection with any Proceeding initiated by Indemnitee
against the Company, any director or officer of the Company or any other party, and not by way of defense, unless (i) the Company has joined in or the Reviewing Party (as hereinafter defined) has consented to the initiation of such Proceeding
or (ii) the Proceeding is one to enforce indemnification rights under this Agreement or any applicable law; 
 (e) brought
about by the dishonesty or fraud of the Indemnitee seeking payment hereunder; provided, however, that the Indemnitee shall be protected under this Agreement as to any claims upon which suit may be brought against him or her by reason
of any alleged dishonesty or fraud on his part, unless a judgment or other final adjudication thereof adverse to the Indemnitee establishes that he or she committed fraud or dishonesty, in each instance where such acts were material to the cause of
action so adjudicated; 
 (f) arising out of Indemnitee’s personal tax matters; 

(g) for any Expenses or payment of profits arising from the purchase and sale by the Indemnitee of securities in violation of
Section 16(b) of the Exchange Act or any similar successor statute; 
 (h) arising out of Indemnitee’s breach of its
obligations under any employment agreement with the Company (if any) or any other agreement with the Company or any of its subsidiaries; or 
 (i) for any Expense which the Company is prohibited by applicable law from paying to Indemnitee. 
 5. No Employment Rights. Nothing in this Agreement is intended to create in any Indemnitee who is an employee of the Company any right to continued employment with the Company. 

6. Contribution. If the indemnification provided in this Agreement is unavailable or may not be paid to Indemnitee for any reason
(other than those set forth in Sections B.4(a) through B.4(i)), then the Company shall contribute to the amount of Expenses paid in settlement actually and reasonably incurred and paid or payable by Indemnitee in such proportion as is
appropriate to reflect (i) the relative benefits received by the Company on the one hand and by the Indemnitee on the other hand from the transaction from which such Proceeding arose, and (ii) the relative fault of the Company on the one
hand and of the Indemnitee on the other hand in connection with the events which resulted in such Expenses, as well as any other relevant equitable considerations. The relative fault of the Company on the one hand and of the Indemnitee on the other
hand shall be determined by reference to, among other things, the parties’ relative intent, knowledge, access to information and opportunity to correct or prevent the circumstances resulting in such Expenses, judgments, fines or settlement
amounts. The Company agrees that it would not be just and equitable if contribution pursuant to this Section 6 were determined by pro rata allocation or by any other method of allocation which does not take account of the foregoing equitable
considerations. 

  
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	 	C.	INDEMNIFICATION PROCESS 

1. Notice and Cooperation By Indemnitee. Indemnitee shall, as a condition precedent to his right to be indemnified under this
Agreement, give the Company notice in writing as soon as practicable of any claim made against Indemnitee for which indemnification will or could be sought under this Agreement, provided that the delay of Indemnitee to give notice hereunder
shall not prejudice any of Indemnitee’s rights hereunder, except to the extent that such delay results in the Company’s forfeiture of substantive rights or defenses. Notice to the Company shall be given in accordance with Section F.7
below. In addition, Indemnitee shall give the Company such information and cooperation as the Company may reasonably request. 

2. Indemnification Payment. 
 (a) Advancement of Expenses. Indemnitee may submit a written request with reasonable particularity to the Company requesting that the Company advance to Indemnitee all Expenses that may be
reasonably incurred by Indemnitee in connection with a Proceeding to the fullest extent permitted by applicable law. The Company shall, within thirty (30) days of receiving such a written request by Indemnitee, advance all requested Expenses to
Indemnitee; provided, however, that Indemnitee shall set forth in such request reasonable evidence that such Expenses have been incurred by the Indemnitee in connection with such Proceeding, a statement that such Expenses do not relate to any matter
described in Section B.4 above, and an undertaking in writing to repay any advances if it is ultimately determined that the Indemnitee is not entitled to indemnification under this Agreement. 

(b) Reimbursement of Expenses. To the extent Indemnitee has not requested any advanced payment of Expenses from the Company,
Indemnitee shall be entitled to receive reimbursement for the Expenses actually and reasonably incurred in connection with a Proceeding from the Company as soon as practicable after Indemnitee makes a written request to the Company for
reimbursement. 
 (c) Determination by the Reviewing Party. Notwithstanding anything foregoing to the contrary, in the
event the Reviewing Party informs the Company that Indemnitee is not entitled to indemnification in connection with a Proceeding under this Agreement or applicable law, Indemnitee shall reimburse the Company for all Expenses previously advanced or
otherwise paid to Indemnitee in connection with such Proceeding; provided, however, that Indemnitee may bring a suit to enforce his indemnification right in accordance with Section C.3 below. 

3. Suit to Enforce Rights. Regardless of any action by the Reviewing Party, if Indemnitee has not received full indemnification
within thirty (30) days after making a written demand in accordance with Section C.2 above, Indemnitee shall have the right to enforce its indemnification rights under this Agreement by commencing litigation in any court of competent
jurisdiction seeking a determination by the court or challenging any determination by the Reviewing Party or any aspect thereof. Any determination by the Reviewing Party not challenged by Indemnitee and any judgment entered by the court shall be
binding on the Company and Indemnitee. 
 4. Assumption of Defense. In the event the Company is obligated under this
Agreement to advance or bear any Expenses for any Proceeding against Indemnitee, the Company shall be entitled to assume the defense of such Proceeding, with counsel approved by Indemnitee, upon delivery to Indemnitee of written notice of its
election to do so. After delivery of such notice, approval of such counsel by Indemnitee and the retention of such counsel by the Company, the Company will not be liable to Indemnitee under this Agreement for any fees of counsel subsequently
incurred by Indemnitee with respect to the same Proceeding, unless (i) the employment or engagement of counsel by Indemnitee has been previously authorized by the Company, (ii) Indemnitee shall have reasonably concluded, based on written
advice of counsel, that there may be a conflict of interest of such counsel retained by the Company between the Company and Indemnitee in the conduct of any such defense, or (iii) the Company ceases or terminates the employment or engagement of
such counsel with respect to the defense of such Proceeding, in any of which events the reasonable fees and expenses of Indemnitee’s counsel shall be at the expense of the Company to the extent so permitted hereunder. At all times, Indemnitee
shall have the right to employ counsel in any Proceeding at Indemnitee’s expense. 
 5. Defense to Indemnification,
Burden of Proof and Presumptions. It shall be a defense to any action brought by Indemnitee against the Company to enforce this Agreement that it is not permissible under this Agreement or applicable law for the Company to indemnify the
Indemnitee for the amount claimed. In connection with any such action or any determination by the Reviewing Party or otherwise as to whether Indemnitee is entitled to be indemnified under this Agreement, the burden of proving such a defense or
determination shall be on the Company. Neither the failure of the Reviewing Party or the Company to have made a determination prior to the commencement of such action by Indemnitee that indemnification is proper under the circumstances because
Indemnitee has met the standard of conduct set forth in applicable law, nor an actual determination by the Reviewing Party or the Company that Indemnitee had not met such applicable standard of conduct shall be a defense to the action or create a
presumption that Indemnitee has not met the applicable standard of conduct. 

  
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 6. No Settlement Without Consent. Neither party to this Agreement shall settle any
Proceeding in any manner that would impose any damage, loss, penalty or limitation on the other party without the other party’s written consent. Neither the Company nor Indemnitee shall unreasonably withhold its consent to any proposed
settlement. 
 7. Company Participation. Subject to Section B.6, the Company shall not be liable to indemnify the
Indemnitee under this Agreement with regard to any Proceeding if the Company was not given a reasonable and timely opportunity, at its expense, to participate in the defense, conduct and/or settlement of such action. 

8. Reviewing Party. 
 (a) For purposes of this Agreement, in the event that a Change in Control has not occurred as of the date of determination and the Disinterested Directors (as defined below) do not direct otherwise as
contemplated in the immediately succeeding sentence, the Reviewing Party with respect to each indemnification request of Indemnitee shall be, as determined by the Board (1) the Board, by a majority vote of the Disinterested Directors, even
though less than a quorum of the Board, (2) a committee of Disinterested Directors, by a majority vote of the Disinterested Directors, even though less than a quorum of the Board or (3) the shareholders of the Company, by majority vote of
a quorum thereof consisting of shareholders who are not parties to the Proceeding due to which a claim for indemnification is made under this Agreement. In the event that (1) a Change in Control has occurred as of the date of determination,
(2) there are no Disinterested Directors or (3) a majority of the Disinterested Directors (or a committee thereof) so directs, the Reviewing Party with respect to each indemnification request of Indemnitee shall be Independent Legal
Counsel, which shall deliver a written opinion to the Board, a copy of which shall be delivered to Indemnitee. If it is determined that Indemnitee is entitled to indemnification, payment to Indemnitee shall be made within ten (10) days after
such determination. Indemnitee shall cooperate with the person, persons or entity making such determination with respect to Indemnitee’s entitlement to indemnification, including providing to such person, persons or entity upon reasonable
advance request any documentation or information which is not privileged or otherwise protected from disclosure and which is reasonably available to Indemnitee and reasonably necessary to such determination. Any Independent Counsel or member of the
Board shall act reasonably and in good faith in making a determination under this Agreement of the Indemnitee’s entitlement to indemnification. Any reasonable costs or expenses (including reasonable attorneys’ fees and disbursements)
incurred by Indemnitee in so cooperating with the person, persons or entity making such determination shall be borne by the Company (irrespective of the determination as to Indemnitee’s entitlement to indemnification), and the Company hereby
indemnifies and agrees to hold Indemnitee harmless therefrom to the extent as aforesaid to the fullest extent permitted by applicable law. “Disinterested Director” means a director of the Company who is not and was not a party to
the Proceeding in respect of which indemnification is sought by Indemnitee. 
 (b) If the determination of entitlement to
indemnification is to be made by Independent Counsel, the Independent Counsel shall be selected as provided in this Section 8(b). The Independent Counsel shall be selected by Indemnitee (unless Indemnitee shall request that such selection be
made by the Board of Directors, in which event the Board of Directors by a majority vote of a quorum consisting of Disinterested Directors shall select), and Indemnitee shall give written notice to the Company advising it of the identity of the
Independent Counsel so selected. In either event, Indemnitee or the Company, as the case may be, may, within ten (10) days after such written notice of selection shall have been given, deliver to the Company or to Indemnitee, as the case may
be, a written objection to such selection; provided, however, that such objection may be asserted only on the ground that the Independent Counsel so selected does not meet the requirements of “Independent Counsel” as
defined in Section 8(d) of this Agreement, and the objection shall set forth with particularity the factual basis of such assertion. Absent a proper and timely objection, the person so selected shall act as Independent Counsel. If a written
objection is made and substantiated, the Independent Counsel selected may not serve as Independent Counsel unless and until such objection is withdrawn or a court has determined that such objection is without merit. If the determination of
entitlement to indemnification is to be made by Independent Counsel, but within 20 days after submission by Indemnitee of a written request for indemnification, no Independent Counsel shall have been selected and not objected to, then the Board of
Directors by a majority vote shall select the Independent Counsel. The Company shall pay any and all reasonable fees and expenses of Independent Counsel incurred by such Independent Counsel in connection with acting under this Agreement, and the
Company shall pay all reasonable fees and expenses incident to the procedures of this Section 8(b), regardless of the manner in which such Independent Counsel was selected or appointed. 

  
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 (c) In making a determination with respect to entitlement to indemnification hereunder, the
Reviewing Party shall presume that Indemnitee is entitled to indemnification under this Agreement if Indemnitee has submitted a request for indemnification in accordance with this Agreement, and the Company shall have the burden of proof to overcome
that presumption in connection with the making by any person, persons or entity of any determination contrary to that presumption. The termination of any Proceeding or of any claim, issue or matter therein, by judgment, order, settlement (with or
without court approval), conviction, or upon a plea of nolo contendere or its equivalent, shall not (except as otherwise expressly provided in this Agreement) of itself adversely affect the right of Indemnitee to indemnification or create a
presumption that Indemnitee did not act in good faith and in a manner which he or she reasonably believed to be in or not opposed to the best interests of the Company or, with respect to any criminal Proceeding, that Indemnitee had reasonable cause
to believe that his conduct was unlawful. For purposes of any determination of good faith, Indemnitee shall be deemed to have acted in good faith if Indemnitee’s action is based on the records or books of account of the Company and any other
corporation, partnership, joint venture or other entity of which Indemnitee is or was serving at the written request of the Company as a director, officer, employee, agent or fiduciary, including financial statements, or on information supplied to
Indemnitee by the officers and directors of the Company or such other corporation, partnership, joint venture or other entity in the course of their duties, or on the advice of legal counsel for the Company or such other corporation, partnership,
joint venture or other entity or on information or records given or reports made to the Company or such other corporation, partnership, joint venture or other entity by an independent certified public accountant or by an appraiser or other expert
selected with reasonable care by the Company or such other corporation, partnership, joint venture or other entity. In addition, the knowledge and/or actions, or failure to act, of any director, officer, agent or employee of the Company or such
other corporation, partnership, joint venture or other entity shall not be imputed to Indemnitee for purposes of determining the right to indemnification under this Agreement. The provisions of this Section 8(c) shall not be deemed to be
exclusive or to limit in any way the other circumstances in which the Indemnitee may be deemed to have met the applicable standard of conduct set forth in this Agreement. 
 (d) “Independent Counsel” means a law firm, or a member of a law firm, that is experienced in matters of corporation law and neither presently is, nor in the past five (5) years has
been, retained to represent (i) the Company or Indemnitee in any matter material to either such party (other than with respect to matters concerning the Indemnitee under this Agreement, or of other indemnitees under similar indemnification
agreements), or (ii) any other party to the Proceeding giving rise to a claim for indemnification hereunder. Notwithstanding the foregoing, the term “Independent Counsel” shall not include any person who, under the applicable
standards of professional conduct then prevailing, would have a conflict of interest in representing either the Company or Indemnitee in an action to determine Indemnitee’s rights under this Agreement. The Company agrees to pay the reasonable
fees of the Independent Counsel referred to above. 
  

	 	D.	DIRECTOR AND OFFICER LIABILITY INSURANCE 

 1. Coverage of Indemnitee. To the extent the Company maintains an insurance policy or policies providing directors’ and officers’ liability insurance, Indemnitee shall be covered by such
policy or policies, in accordance with its or their terms, to the maximum extent of the coverage available for any of the Company’s directors or officers. 
 2. No Obligation. Notwithstanding the foregoing, the Company shall have no obligation to obtain or maintain any director and officer insurance policy if the Company determines in good faith that
such insurance is not reasonably available. 

  
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	 	E.	NON-EXCLUSIVITY; FEDERAL PREEMPTION; TERM 

 1. Non-Exclusivity. The indemnification provided by this Agreement shall not be deemed exclusive of any rights to which Indemnitee may be entitled under the Articles of Association or applicable
law. The indemnification provided under this Agreement shall continue to be available to Indemnitee for any action taken or not taken while serving in an indemnified capacity even though he or she may have ceased to serve in any such capacity at the
time of any Proceeding. 
 2. Federal Preemption. Notwithstanding the foregoing, both the Company and Indemnitee
acknowledge that in certain instances, U.S. federal law or applicable public policy may override applicable law and prohibit the Company from indemnifying its directors and officers under this Agreement or otherwise. Indemnitee acknowledges that the
U.S. Securities and Exchange Commission believes that indemnification for liabilities arising under certain U.S. federal securities laws is against public policy and is, therefore, unenforceable and that the Company may be required in the future to
undertake with the U.S. Securities and Exchange Commission to submit the question of indemnification to a court in certain circumstances for a determination of the Company’s right under public policy to indemnify Indemnitee. 

3. Duration of Agreement. All agreements and obligations of the Company contained herein shall continue during the period
Indemnitee is an officer and/or a director of the Company (or is or was serving at the written request of the Company as a director, officer, employee or agent of another corporation, partnership, joint venture, trust or other enterprise) and shall
continue thereafter so long as Indemnitee shall be subject to any Proceeding by reason of his former or current capacity at the Company or any other enterprise at the Company’s written request, whether or not he or she is acting or serving in
any such capacity at the time any Expense is incurred for which indemnification can be provided under this Agreement. This Agreement shall continue in effect regardless of whether Indemnitee continues to serve as an officer and/or a director of the
Company or any other enterprise at the Company’s written request. 
  

	 	F.	MISCELLANEOUS 

 1.
Amendment of this Agreement. No supplement, modification, or amendment of this Agreement shall be binding unless executed in writing by the parties hereto. No waiver of any of the provisions of this Agreement shall operate as a waiver of any
other provisions (whether or not similar), nor shall such waiver constitute a continuing waiver. Except as specifically provided in this Agreement, no failure to exercise or any delay in exercising any right or remedy shall constitute a waiver.

 2. Subrogation. In the event of payment to Indemnitee by the Company under this Agreement, the Company shall be
subrogated to the extent of such payment to all of the rights of recovery of Indemnitee, who shall execute all papers required and shall do everything that may be necessary to secure such rights, including the execution of such documents necessary
to enable the Company to bring suit to enforce such rights. 
 3. No Duplication of Payments. The Company shall not be
liable under this Agreement to make any payment in connection with any claim made against Indemnitee to the extent Indemnitee has otherwise received payment (under any insurance policy, Bylaw or otherwise) of the amounts otherwise indemnifiable
hereunder. 
 4. Assignment; Binding Effect. Neither this Agreement nor any of the rights or obligations hereunder may be
assigned by either party hereto without the prior written consent of the other party; except that the Company may, without such consent, assign all such rights and obligations to a successor in interest to the Company which assumes all obligations
of the Company under this Agreement. Notwithstanding the foregoing, this Agreement shall be binding upon and inure to the benefit of and be enforceable by and against the parties hereto and the Company’s successors (including any direct or
indirect successor by purchase, merger, consolidation, or otherwise to all or substantially all of the business and/or assets of the Company) and assigns, as well as Indemnitee’s spouses, heirs, and personal and legal representatives.

  
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 5. Severability and Construction. Nothing in this Agreement is intended to require or
shall be construed as requiring the Company to do or fail to do any act in violation of applicable law. The Company’s inability, pursuant to a court order, to perform its obligations under this Agreement shall not constitute a breach of this
Agreement. In addition, if any portion of this Agreement shall be held by a court of competent jurisdiction to be invalid, void, or otherwise unenforceable, the remaining provisions shall remain enforceable to the fullest extent permitted by
applicable law. The parties hereto acknowledge that they each have opportunities to have their respective counsels review this Agreement. Accordingly, this Agreement shall be deemed to be the product of both of the parties hereto, and no ambiguity
shall be construed in favor of or against either of the parties hereto. 
 6. Counterparts. This Agreement may be
executed in two counterparts, both of which taken together shall constitute one instrument. 
 7. Governing Law; Consent to
Jurisdiction. This Agreement shall be governed by, and construed in accordance with, the laws of the Cayman Islands. Each party irrevocably agrees to submit to the exclusive jurisdiction of the courts of the Cayman Islands over any claim or
matter arising under or in connection with this Agreement. 
 8. Notices. All notices, demands, and other communications
required or permitted under this Agreement shall be made in writing and shall be deemed to have been duly given if delivered by hand, against receipt, or mailed, postage prepaid, certified or registered mail, return receipt requested, and addressed
to the Company at: 
 Loyalty Alliance Enterprise Corporation 

2332-A Walsh Ave. 

Santa Clara, CA 95051 
 Attention: General Counsel 
 Fax: (408) 567-9370 

and to Indemnitee at: 
 [Name] 
 [Address] 

9. Entire Agreement. This Agreement and the other instruments referenced herein constitute the entire agreement and supersedes all
prior agreements and understandings, both written and oral, between the parties with respect to the subject matter hereof. 

(Signature page follows) 

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

	
	COMPANY
	
	Loyalty Alliance Enterprise Corporation
	
	  

	Name:
	Title:
	
	INDEMNITEE
	
	  

	Name:

 Signature Page to Indemnification Agreement 

  
 -9-Cross License Agreement

 Exhibit 10.6 
 CROSS LICENSE AGREEMENT 
 This CROSS LICENSE AGREEMENT
(this “Agreement”) is made and entered into this 14th day of February, 2011, and effective as of February 1, 2010 (the “Effective Date”), by and between Loyalty Alliance Enterprise Corporation, a company organized and existing under
the laws of the Cayman Islands and its Affiliates other than PayEase and its subsidiaries (hereinafter referred to as “LA”), and PayEase Corp., a corporation organized and existing under the laws of the State of Delaware and its
Affiliates other than LA and its subsidiaries (“PayEase”). LA and PayEase are referred to herein individually each as a “Party” and collectively as the “Parties”. 

RECITALS 

WHEREAS, pursuant to the Master Separation Agreement entered into by and between LA and PayEase dated January 21, 2010 (the
“Separation Agreement”), the Parties have agreed to separate the Transferred Business (as defined in the Separation Agreement) from PayEase; 
 WHEREAS, it is the intent of the Parties that PayEase license certain intellectual property rights to LA, and for LA to license certain intellectual property rights to PayEase subject to the terms and
conditions set forth in this Agreement; 
 NOW, THEREFORE, IN CONSIDERATION OF THE FOREGOING AND THE MUTUAL COVENANTS AND
AGREEMENTS CONTAINED HEREIN, AND FOR OTHER GOOD AND VALUABLE CONSIDERATION, THE RECEIPT AND SUFFICIENCY OF WHICH IS HEREBY ACKNOWLEDGED, THE PARTIES HERETO HEREBY AGREE AS FOLLOWS: 

SECTION 1. 

DEFINITIONS 
 As used herein, the following terms will have the meanings set forth below: 
 1.1
“Affiliate” means, as to either Party, any entity controlling, controlled by, or under common control with such Party. 
 1.2 “Confidential Information” means any proprietary or confidential information or material disclosed by one Party to the other verbally, electronically, or in written or other tangible
form that is either identified as confidential or proprietary when disclosed or should be reasonably understood to be confidential or proprietary. 
 1.3 “Intellectual Property Rights” means all Patent Rights, Trademark Rights, copyrights, industrial design rights, trade secrets, and any other protectable rights covering intellectual
property or proprietary rights, and all applications, registrations, renewals and extensions thereof owned or licensable by a Party. 
 1.4 “LA Services” means any and all services provided by LA from time to time that are not PayEase Services. 

  
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 1.5 “Licensed Technology” means software and all technical information,
technology, inventions, works of authorship, know-how, trade secrets, data, databases, algorithms, designs, specifications, and similar materials owned or used by a Party in the operation of such Party’s business, but specifically excluding the
PayEase Database. 
 1.6 “Licensee” or “Licensor” means for purposes of this Agreement,
depending upon the context of use, either PayEase or LA. 
 1.7 “Marks” means a Party’s logos, domain
names, trademarks, and trade names. 
 1.8 “Object Code” means the binary machine-executable form of computer
software programming code, including scripts and HTML pages. 
 1.9 “Other Party’s Services” means with
respect to LA, the PayEase Services, and with respect to PayEase, the LA Services. 
 1.10 “Patent Rights”
means all rights arising out of all U.S. and foreign patent applications filed by or on behalf of a Party with a first effective filing date during the Term, and all divisions, continuations, continuations-in-part, and substitutions thereof; all
U.S. and foreign patents issuing on any of the preceding applications, including extensions, reissues, and re-examinations. 

1.11 “PayEase Database” means the database of customer information, but only to the extent that PayEase has the right to
share such information with LA without breaching a contractual obligation or violating any applicable law, including all derivative works, improvements, and modifications thereto. 

1.12 “PayEase Services” means any and all services provided by PayEase from time to time. 

1.13 “Sale” of a product, or to “Sell” a product means the initial sale, license, lease, or other
transfer or disposition of that product, or to commence or permit commencement of productive use of such product. 
 1.14
“Source Code” means the fully-commented, human-readable form of computer programming code, including a listing of all third-party programming aids and tools reasonably necessary for a skilled programmer to maintain and modify the
code. 
 1.15 “Trademark Rights” means all rights arising out of a Party’s Marks. 

Other terms used in this Agreement with initial letters capitalized will have the defined meanings attributed to them elsewhere in this
Agreement. 
 SECTION 2. 
 LICENSE GRANT 
 2.1 Mutual License Grant. Subject to the terms and
conditions of this Agreement, each Party hereby grants and agrees to grant to the other Party a non-exclusive, personal, worldwide, irrevocable, fully-paid, non-transferable, non-sublicensable right and license under the Licensor’s Intellectual
Property Rights during the Term: (i) to make, have made, import, offer for Sale and Sell and otherwise use and exploit products and services; (ii) to use the Marks in conjunction with the marketing and advertising and exploitation of
products and services, and (iii) to reproduce, distribute, display, perform, transmit, make available, modify and prepare derivative works, and otherwise use and exploit the Licensed Technology. 

  
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 2.2 Enforcement. In the event that either Party hereto becomes aware of any
infringement of Licensor’s Intellectual Property Rights by a third party it shall promptly notify the other Party hereto. Licensor shall have the first right, but not the obligation, to institute, prosecute and control any action or proceeding
with respect to such infringement, using counsel of its choice, including any declaratory judgment action arising from such infringement. Licensee shall cooperate with Licensor, at Licensor’s expense, in pursuing or defending any action with
respect to Licensor’s Intellectual Property Rights, including, without limitation, joining as a party plaintiff and executing such documents as may be reasonably necessary. Licensor shall retain all amounts recovered in any such action or
proceeding. In the event that Licensor fails to institute legal proceedings to cease an infringement within nine (9) months of receiving notice of such infringement and a request by Licensee to do so, Licensee shall have the right to initiate
an action to cease such infringement, provided that Licensee take no action that may adversely affect Licensor’s Intellectual Property Rights without Licensor’s prior written consent. Licensee shall prosecute and control any action or
proceeding with respect to such infringement, using counsel of its choice, including any declaratory judgment actions arising from such infringement, provided that Licensee take no action that may be deemed an admission of guilt or liability on
behalf of Licensor or make any settlement or compromise that shall adversely affect Licensor or require Licensor to incur any obligation in connection with such settlement or compromise without prior written consent, which shall not be unreasonably
withheld. Licensor shall cooperate with Licensee, at Licensee’s expense, in pursuing or defending any such action with respect to Licensor’s Intellectual Property Rights, including without limitation joining as a party plaintiff and
executing such documents as may be reasonably necessary. Licensor shall retain all amounts recovered for the payment of Licensor’s expenses, and shall pay Licensee one-third of any and all additional amounts recovered with respect to use of
Licensor’s Intellectual Property Rights. 
 2.3 Third-Party Rights. Each Party shall disclose in writing any open
source software or other third-party materials that may be embodied in the Licensed Technology upon the Effective Date or in subsequent deliveries to the other Party pursuant to Section 2.4 below. Neither Party shall be obligated to provide or
license any Licensed Technology to the extent such technology is subject to third-party rights to which the Licensor does not have sufficient rights to grant sublicense rights contemplated herein at no cost, subject to the obligations in the
following sentences. If the Licensor has the right to grant only limited sublicense rights, or such sublicense rights are subject to a fee or royalty terms, the Licensor shall disclose such license terms to the Licensee, and shall grant such
sublicense at the Licensee’s request. In the event the Licensor is unable for any reason to grant the other Party such a sublicense, including without limitation restrictions on sublicensing or disapproval by the third party licensor, the
Licensor shall use reasonable efforts to assist the other Party, at the other Party’s sole cost, to acquire a non-exclusive license to use the third-party materials from the third party owner of such rights. 

2.4 Quality Control. A high standard of quality for each Licensor’s Marks and the products and services shall be maintained.
The Parties acknowledge and agree that maintaining the goodwill associated with each Licensor’s Marks is of substantial importance to Licensor. Licensee therefore agrees that the products and services advertised by it using Licensor’s
Marks shall meet or exceed the standard of quality agreed to hereunder with respect to the products and services and those adhered to by Licensee in the conduct of its own business under its Marks. Upon request, all software and printed or
electronically transmitted material in which Licensor’s Marks are used shall be submitted in writing for review by Licensor in advance and shall not be distributed or used in any manner without prior written approval of Licensor or its
authorized representative, which approval shall not be unreasonably withheld or delayed. Licensor may withhold its consent to the use of its Marks in a particular context in its sole discretion, with the exception that once consent is given for a
type of use (e.g., use of the Marks in a specific radio commercial, in a print advertisement or on a web page), consent is not required for each use of the Mark in that specific context. All written requests for such consent shall be deemed approved
if not rejected in writing within ten (10) days of receipt. However, if the use of Licensor’s Mark in connection with the products and services subsequently fails to meet applicable quality standards, Licensor may immediately cancel any
such prior authorization. Licensor reserves the right to inspect and review, at any reasonable time and with reasonable notice, the use of its Marks by Licensee in order to confirm that the nature and quality of the products and services associated
with the Marks and the use of its Marks by Licensee conform to Licensor’s standards. 

  
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 2.5 Notices; Right of First Refusal. Whenever Licensee is permitted to copy or
reproduce all or any part of the Licensed Technology, Licensee shall reproduce and not efface any and all titles, trademark symbols, copyright symbols and legends, and other proprietary markings on the Licensed Technology. In the event a Party
agrees to provide the Other Party’s Services to a third party, the other Party has a right of first refusal entitling it to be the provider of such services upon commercially reasonable terms and conditions agreed to between the Parties.

 2.6 Delivery; Access. Licensor shall deliver one or more copies of the Licensed Technology, in electronic or other
mutually agreed media promptly after the Effective Date. After the Effective Date, and during the Term, subject to Section 2.2, the Licensor will provide to Licensee any newly created or acquired Licensed Technology on a monthly basis, or
promptly following any reasonable request by Licensee therefor. Notwithstanding the foregoing, to the extent that delivery of such Licensed Technology is impracticable, Licensor shall instead provide Licensee with access to such Licensed Technology
during the Term. Upon delivery or provision of access, such Licensed Technology shall be licensed, and hereby is licensed to the Licensee pursuant to the terms of Section 2.1. Subject to restrictions imposed by applicable law (including without
limitation, applicable privacy and data protection laws), promptly after the Effective Date and during the Term, subject to Section 2.2, each Party will provide the other Party with access to all or any portions of the PayEase Database under
such Party’s control. 
 2.7 No Implied Rights. Only the licenses granted pursuant to the express terms of this
Agreement shall be of any legal force or effect. No other license rights shall be granted or created by implication, estoppel or otherwise. 
 2.8 Further Assurances. The Parties shall execute and deliver all such documents and perform all further acts and things as may be reasonably required to implement, set of record, or give effect to
this Agreement and the rights and licenses contemplated thereby. In the event that either Party fails to execute and deliver any such documents and instruments reasonably necessary to effectuate, evidence or record the other Party’s rights,
then within thirty (30) days after written request, the other Party is authorized and appointed attorney-in-fact to make, execute and deliver such documents and instruments, which power is coupled with an interest and irrevocable. 

  
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 SECTION 3. 
 PROPRIETARY RIGHTS 
 3.1 Proprietary Rights. 

(a) Licensed Technology. Title to and ownership of all copies of the Licensor’s Licensed Technology and all Intellectual
Property Rights therein, are and shall remain the exclusive property of Licensor. Licensee shall not take any action to jeopardize, limit, or interfere in any manner with Licensor’s ownership of and rights with respect to the foregoing.
Licensee shall have only those rights in or to the Licensed Technology granted to it pursuant to this Agreement. 
 (b)
Marks. Licensee recognizes the validity of, and will do nothing inconsistent with, or which would negatively impact, Licensor’s rights in and ownership of Licensor’s Marks or the goodwill represented thereby. Each Party further
recognizes that all use of the other Party’s Marks by it shall inure to the benefit of, and be on behalf of the Licensor. Neither Party has the right to register any Mark of the other Party or any confusingly similar mark as a corporate or
trade name, domain name, trademark or service mark in any country or territory without the written consent of the other Party. 

3.2 Proprietary Notices. Neither Party shall remove or alter any copyright or other proprietary patent notices of the other Party,
appearing on or in copies of any of the respective intellectual property licensed from the other Party. 
 3.3 Intellectual
Property Filings. Each Party as Licensor hereunder shall have the sole right to control the preparation, filing, prosecution and maintenance with respect to its own Intellectual Property Rights, and any interference or opposition proceeding
relating thereto, using counsel of its choice. Each Party as Licensee shall cooperate with the other Party as reasonably requested, and at the other Party’s expense, in the preparation, filing, prosecution and maintenance of the other
Party’s Intellectual Property rights. 
 3.4 PayEase Database Ownership. Subject to restrictions imposed by
applicable law (including without limitation, applicable privacy and data protection laws), each Party agrees to assign and hereby assigns, transfers and conveys to the other Party an undivided one-half joint interest in and to the PayEase Database
(including all Intellectual Property Rights therein). 
 3.5 Patent Matters. 

(a) Prosecution. As between the Parties hereto, PayEase shall control the prosecution, maintenance and enforcement of any PayEase
Database patents, at PayEase’s expense; provided that PayEase shall keep LA reasonably informed with respect thereto and consider in good faith LA’s input with respect to such matters. For purposes of the foregoing, “prosecution,
maintenance and enforcement” includes, with respect to a patent, the preparing, filing, prosecuting and maintenance of such patent, as well as re-examinations, reissues, requests for patent term extensions and the like with respect to such
patent, together with the conduct of interferences, enforcement actions, the defense of oppositions and declaratory judgment actions and other similar proceedings with respect to the particular patent. 

  
 - 5 -

 (b) Other. The Parties acknowledge and agree that neither Party shall have any
obligation to account to the other for profits, or to obtain any approval of the other Party to license, assign or otherwise exploit its joint interest in the PayEase Database, by reason of joint ownership thereof, and each Party hereby waives any
right it may have under the laws of any jurisdiction to require any such approval or accounting. 
 SECTION 4. 

CONSIDERATION 
 4.1 License Fees. In consideration of the license rights granted hereunder, Licensee will pay Licensor a fee in an amount that will be mutually agreed to by the Parties in good faith at a later
date. 
 4.2 Payment Terms. All payments required under this Agreement shall be made in the currency mutually agreed upon
by the Parties, within thirty (30) days after receipt of Licensor’s invoice by wire transfer to the account of Licensor, in accordance with such reasonable instructions as Licensor may from time to time provide; provided that if the
currency is other than the currency reflected on Exhibit B, the amount due and payable will be based on prevailing exchange rates on the date payment becomes due and payable. All fees and other payments under the Agreement will be made after
deduction of withholding or other taxes as may be required by law. 
 SECTION 5. 

TERM AND TERMINATION 
 5.1 Term. Unless terminated as set forth herein, the term of this Agreement will commence on the Effective Date of this Agreement and will continue for an initial term of seven (7) years (the
“Initial Term”). After the Initial Term, this Agreement will automatically renew for successive one (1) year terms (each a “Renewal Term”) unless either Party provides the other Party with written notice of its
intent not to renew at least ninety (90) days prior to the end of the Initial Term or any Renewal Term. The Initial Term together with all Renewal Terms is referred to herein as the “Term”. 

5.2 Termination by Mutual Agreement. This Agreement may be terminated pursuant to the mutual, written agreement of the Parties.

 5.3 Termination for Insolvency. This Agreement may be terminated by either Party, upon written notice to the other
Party, (i) upon the institution by or against the other Party of insolvency, receivership or bankruptcy proceedings or any other proceedings for the settlement of the other Party’s debts, (ii) upon the other Party’s making an
assignment for the benefit of creditors, or (iii) upon the other Party’s dissolution, winding up or ceasing to conduct business in the normal course. 
 5.4 Termination for Default. If either Party defaults in the performance of any material provision of this Agreement that is not cured within thirty (30) days after written notice of such
breach or default, then the non-defaulting Party may terminate this Agreement upon written notice to the defaulting Party. 

  
 - 6 -

 5.5 Effect of Termination. Termination of this Agreement for any reason shall not
release any Party hereto from any liability which, at the time of such termination, has already accrued to the other Party or which is attributable to a period prior to such termination nor preclude either Party from pursuing any rights and remedies
it may have hereunder or at law or in equity with respect to any breach of this Agreement. 
 5.6 Survival. The
provisions of Sections 3, 4, 5.5, 5.6, 6, 7, 8, 9, and 10 shall survive the expiration or termination of this Agreement. All other rights and obligations of the Parties shall cease upon expiration or termination of this Agreement. 

SECTION 6. 

REPRESENTATIONS AND WARRANTIES 
 6.1 General. LA and PayEase each represents and warrants to the other that: 

(a) it is duly organized, validly existing and in good standing under the laws of its jurisdiction of incorporation set forth above and
is duly qualified and authorized to do business as a foreign corporation in good standing in all jurisdictions in which the nature of its assets or business requires such qualification; 

(b) it has full right, power and authority to enter into this Agreement and to perform all of its obligations hereunder; 

(c) its execution, delivery and performance of this Agreement have been duly and properly authorized by all necessary actions and this
Agreement constitutes its valid and binding obligation, enforceable against it in accordance with its terms; and 
 (d) its
execution, delivery and performance of this Agreement will not, with or without the giving of notice or passage of time, or both, conflict with, or result in a default or loss of rights under, any provision of its certificate of incorporation or
by-laws or any material agreement or understanding to which it is a party or by which it or any of its material properties may be bound. 
 6.2 Intellectual Property Warranty. Each Party as Licensor represents, warrants and covenants that the Licensed Technology, subject to disclosure of third-party rights under
Section 2.2, (i) does not infringe any third party Intellectual Property Rights, provided, that such latter representation is made to the best of the Licensor’s knowledge with respect to Patent Rights; (ii) is not subject to any
lien, encumbrance or third-party license rights inconsistent with this Agreement (iii) will substantially conform to any specifications as may be mutually agreed and upon delivery and will not contain any harmful code; and (iv) Licensor
has full right to grant the applicable rights without violation of the legal or equitable rights of any third party. 
 6.3
Disclaimer. Nothing in this Agreement is or shall be construed as: 
 (a) An obligation to bring or prosecute actions or
suits against third parties for infringement of any of such Party’s intellectual property rights; or 

  
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 (b) Granting by implication, estoppel, or otherwise any licenses or rights under
intellectual property rights of such Party or third parties that are not expressly granted in this Agreement. 
 6.4 No
Warranties. EXCEPT AS OTHERWISE PROVIDED HEREIN, NEITHER PAYEASE NOR LA MAKES ANY WARRANTIES WITH RESPECT TO THIS AGREEMENT OR THE RIGHTS GRANTED HEREUNDER, EXPRESS OR IMPLIED, EITHER IN FACT OR BY OPERATION OF LAW, BY STATUTE OR OTHERWISE, AND
PAYEASE AND LA SPECIFICALLY DISCLAIM ANY EXPRESS OR IMPLIED WARRANTY OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, VALIDITY OF THE RIGHTS GRANTED HEREUNDER OR NON-INFRINGEMENT. 

SECTION 7. 

INDEMNIFICATION 
 7.1 Indemnification. Each Party (an “Indemnifying Party”) agrees to defend, indemnify and hold harmless the other Party (an “Indemnified Party”) and its corporate
Affiliates, and each of their respective directors, officers, shareholders, employees and agents, from and against any and all liabilities, claims, demands, expenses (including, without limitation, attorneys and professional fees and other costs of
litigation), losses or causes of action (each, a “Liability”) arising out of or relating to third-party claims to the extent based upon (i) the Indemnified Party’s Licensed Technology or the exercise of any right granted
to the Indemnifying Party pursuant to this Agreement, or (ii) any breach or alleged breach of any representation or warranty set forth in this Agreement by the Indemnifying Party. 

7.2 Process of Indemnification. The Indemnified Party will give prompt notice within ten (10) business days to the
Indemnifying Party of any Liability with respect to which the Indemnified Party seeks indemnification (“Claim”). The Indemnifying Party shall assume, at its sole cost and expense, the defense of such Liability. Notwithstanding the
foregoing, the failure by Indemnified Party to provide notice of any Claim within the period specified, or any delay in providing such notice, shall not affect or impair the obligations of the Indemnifying Party hereunder, except and only to the
extent that the Indemnifying Party has been adversely affected by such failure or delay. 
 7.3 Control of Defense. The
Indemnifying Party shall have the right, exercisable by written notice to the Indemnified Party within ten (10) business days after receipt of written notice from the Indemnified Party of the commencement or assertion of any such Claim, at its
own expense to participate in or assume control of the defense of the Claim, and the Indemnified Party shall cooperate fully with the Indemnifying Party, with the right to reimbursement for actual out-of-pocket expenses incurred by the Indemnified
Party as a result of any such request by the Indemnifying Party for the Indemnified Party’s cooperation. If the Indemnifying Party does not elect to assume control or otherwise participate in the defense of any third party Claim within ten
(10) business days of its receipt of notice of the Claim (or any extended period mutually agreed upon in writing by the Parties), the Indemnified Party shall have the right to undertake the defense, compromise or settlement of the Claim for the
account of the Indemnifying Party subject to the right of the Indemnifying Party, at its expense, to assume the defense of the Claim at any time prior to final settlement, compromise or determination thereof. In no event shall the Indemnifying Party
be liable or otherwise have any obligation with respect to any settlement, compromise or determination of any Claim agreed to by the Indemnified Party without the prior written consent of the Indemnifying Party (which consent will not be withheld
unreasonably). The Indemnifying Party shall not, without consent of the Indemnified Party (which consent shall not be unreasonably withheld), effect any settlement or discharge or consent to the entry of any judgment, unless such settlement or
judgment includes as an unconditional term thereof the giving by the claimant or plaintiff to the Indemnified Party of a general release from all liability in respect of such Liability and imposes no restrictions or obligations on the Indemnified
Party. 

  
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 SECTION 8. 
 LIMITATION OF LIABILITY 
 8.1 Exclusion of Damages. IN NO EVENT
SHALL EITHER PARTY BE LIABLE FOR SPECIAL, INCIDENTAL, INDIRECT, RELIANCE, EXEMPLARY, OR CONSEQUENTIAL DAMAGES ARISING OUT OF OR RELATING TO THIS AGREEMENT OR THE USE OR EXPLOITATION OF THE RIGHTS LICENSED HEREUNDER, WHETHER UNDER THEORY OF CONTRACT,
TORT (INCLUDING NEGLIGENCE), INDEMNITY, PRODUCT LIABILITY OR OTHERWISE, AND REGARDLESS WHETHER SUCH PARTY HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. 
 8.2 Total Liability. IN NO EVENT SHALL EITHER PARTY’S LIABILITY EXCEED THE TOTAL AMOUNT PAYABLE BY LA TO PAYEASE UNDER THIS AGREEMENT. 

SECTION 9. 

MISCELLANEOUS PROVISIONS 
 9.1 Bankruptcy. All rights and licenses granted hereunder or pursuant hereto are, and shall be deemed to be, for purposes of Section 365(n) of the United States Bankruptcy Code, licenses to
rights of “intellectual property,” as defined thereunder. Notwithstanding any provision contained herein to the contrary, if the licensor of such rights is under any proceeding under the United States Bankruptcy Code and the trustee in
bankruptcy of such Party, or such Party, as a debtor in possession, rightfully elects to reject this Agreement, the Licensee may, pursuant to Sections 365(n)(1) and 365(n)(2) of the United States Bankruptcy Code, retain any and all of the rights
licensed to it hereunder, to the maximum extent permitted by law. 
 9.2 Governing Law; Consent to Jurisdiction. This
Agreement and any dispute arising from the performance or breach hereof shall be governed by and construed and enforced in accordance with the laws of the state of California, without reference to conflicts of laws principles. To the extent that any
lawsuit is permitted under this Agreement, the Parties hereby expressly consent to the personal and exclusive jurisdiction and venue of the state and federal courts located in California. 

9.3 Independent Contractors. The relationship of PayEase and LA established by this Agreement is that of independent contractors,
and nothing contained in this Agreement shall be construed to (i) give either Party the power to direct and control the day-to-day activities of the other, (ii) constitute the Parties as partners, joint venturers, co-owners or otherwise as
participants in a joint undertaking, or (iii) allow either Party to create or assume any obligation on behalf of the other Party for any purpose whatsoever. Except as expressly set forth herein, all financial and other obligations associated
with each Party’s activities hereunder shall be the sole responsibility of such Party. 

  
 - 9 -

 9.4 Notices. All notices between PayEase and LA shall be in writing and delivered by
hand or by certified mail, return receipt requested, addressed to LA or PayEase at the respective addresses set forth below, and shall be effective (i) upon delivery, if delivered by hand, or (ii) one business day after the business day of
deposit with Federal Express or similar overnight courier, freight prepaid. Any person entitled to notice hereunder may change its address by giving written notice to all others entitled to notice. 

Notices to PayEase will be addressed to: 
 2332-A Walsh Ave. 
 Santa Clara, CA 95051 

Attention: General Counsel 
 Fax: (408) 567-9370 
 Notices to LA will be addressed to: 

2332-A Walsh Ave. 

Santa Clara, CA 95051 
 Attention: General Counsel 
 Fax: (408) 567-9370 

9.5 Force Majeure. Failure on the part of either Party hereto to meet any of the terms and conditions contained herein because of
any governmental restriction, strike or major labor disturbance, war, revolution, riot, earthquake, fire, or flood shall not constitute a breach of this Agreement and shall excuse the Party involved from any action by the other Party hereto, based
upon the said failure to perform. 
 9.6 Waiver; Partial Invalidity. In the event either Party shall at any time waive
any of its rights under this Agreement or waive the performance by the other Party of any of its obligations hereunder, such waiver shall not be construed as a continuing waiver of the same rights or obligations or a waiver of any other rights or
obligations. No failure or forbearance by either Party to exercise any of its rights hereunder, or to enforce performance of any of the other Party’s obligations hereunder, shall be construed as a waiver to any extent of any such rights or
obligations; rather, any waiver, to be effective, must be made in a writing signed by the Party to be charged with the waiver. If any provision of this Agreement is found to be illegal or unenforceable, the other provisions shall remain effective
and enforceable to the greatest extent permitted by law. 
 9.7 Non-Assignability and Binding Effect. Neither Party
shall, without the prior written consent of the other Party, transfer or assign this Agreement in whole or in part, whether by operation of law, change of control or otherwise, to any third party without the prior written consent of the other Party.
Any purported transfer or assignment without such consent shall be void ab initio. Subject to the foregoing, this Agreement will be binding upon and inure to the benefit of the Parties and their permitted successors and assigns. 

9.8 Entire Agreement; Counterparts. This Agreement (which includes the Exhibits hereto) constitutes the entire agreement between
the Parties as to the subject matter hereof and merges and supersedes all prior discussions between the Parties as to the subject matter hereof. This Agreement may not be changed or terminated except by a written amendment signed by both Parties.
This Agreement may be executed in two or more counterparts, each of which shall constitute an original and all of which taken together shall constitute one and the same agreement. 

  
 - 10 -

 9.9 Compliance with Laws. In exercising their rights under this Agreement, the
Parties shall fully comply in all material respects with the requirements of any and all applicable laws, regulations, rules, and orders of any governmental body having jurisdiction over the exercise of rights under this Agreement. 

9.10 Contract Interpretation. The titles to the paragraphs hereof are for convenience only and have no substantive effect. This
Agreement has been prepared jointly by the Parties and shall not be construed against one Party as the draftsman thereof. 

  
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 IN WITNESS WHEREOF, the Parties hereto have duly executed this Agreement. 

 

									
	LOYALTY ALLIANCE ENTERPRISE CORPORATION	 		 	PAYEASE CORP.
					
	By:	 	 /s/ Deborah Wang
	 		 	By:	 	 /s/ Abraham Jou

					
	Name:	 	 Deborah Wang
	 		 	Name:	 	 Abraham Jou

					
	Title:	 	 Secretary/Director
	 		 	Title:	 	 Chairman

  
 - 12 -

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