Document:

EX-10.11

Exhibit 10.11

NONQUALIFIED STOCK OPTION AGREEMENT

FOR

QUIKBYTE SOFTWARE, INC.

Agreement

     1. Grant of Option. QuikByte Software, Inc. (the “Company”) hereby grants, as of September 18, 2009
(“Date of Grant”), to                           (the “Optionee”) an option (the
“Option”) to purchase up to 40,000 shares of the Company’s common stock, $0.0001 par value
per share (the “Shares”), at an exercise price per share equal to $0.0448 (the
“Exercise Price”). The Option shall be subject to the terms and conditions set forth
herein. The Option is a nonqualified stock option, and not an incentive stock option under Section
422 of the Internal Revenue Code of 1986, as amended.

     2. Exercise Schedule.

          (a) Except as otherwise provided in this Section 2 and Sections 5 or 10 of this Agreement, the
Option is exercisable as provided below. To the extent that the Option has become exercisable as
provided below, the Option may thereafter be exercised by the Optionee, in whole or in part, at any
time or from time to time prior to the expiration of the Option as provided herein. The following
table indicates each date (the “Vesting Date”) upon which the Optionee shall be entitled to
exercise the Option with respect to the Shares granted as indicated beside the date, provided that
the Continuous Service of the Optionee continues through and on the applicable Vesting Date:

	 	 	 
	Percentage of Shares	 	Vesting Date
	100%
	 	September 18, 2010

     Except as otherwise specifically provided herein, there shall be no proportionate or partial
vesting in the periods prior to the Vesting Date, and all vesting shall occur only on the
appropriate Vesting Date.

     Notwithstanding anything to the foregoing in this Section 2(a), including the Vesting Date,
the Option shall not be exercisable, in whole or in part, until the two year anniversary of the
Date of Grant, except as provided in Section 10(b)(i) of this Agreement.

          (b) For purposes of this Agreement, the following terms shall have the meanings indicated:

               (i) “Board” shall mean the Board of Directors of the Company.

               (ii) “Continuous Service” shall mean the continuous service to the Company or a Related
Entity, without interruption, of the Optionee, in the Optionee’s capacity as a Director of the
Company. Continuous Service shall not be considered interrupted (or to have ceased or terminated)
in the case of transfers among the Company, any Related Entity, or any successor thereto, so long
as the Optionee continues in his capacity as a Director thereof .

 

 

               (iii) “Director” shall mean a member of the Board or the board of directors of any Related
Entity.

               (iv) “Exchange Act” shall mean the Securities Exchange Act of 1934, as amended from time to
time, including rules thereunder and successor provisions and rules thereto.

               (v) “Related Entity” shall mean any Subsidiary, and any business, corporation, partnership,
limited liability company, or other entity in which the Company, or a Subsidiary holds a
substantial ownership interest, directly or indirectly.

               (vi) “Subsidiary” shall mean any corporation or other entity in which the Company has a direct
or indirect ownership interest of 50% or more of the total combined voting power of the then
outstanding securities or interests of such corporation or other entity entitled to vote generally
in the election of directors or in which the Company has the right to receive 50% or more of the
distribution of profits or 50% or more of the assets on liquidation or dissolution.

     3. Method of Exercise. The vested portion of this Option shall be exercisable in whole or in part in accordance
with the exercise schedule set forth in Section 2 hereof by written notice which shall state the
election to exercise the Option, the number of Shares in respect of which the Option is being
exercised, and such other representations and agreements as to the holder’s investment intent with
respect to such Shares as may be required by the Company. Such written notice shall be signed by
the Optionee and shall be delivered in person or by certified mail to the Secretary of the Company.
The written notice shall be accompanied by payment of the Exercise Price. This Option shall be
deemed to be exercised after both (a) receipt by the Company of such written notice accompanied by
the Exercise Price, and (b) arrangements that are satisfactory to the Company in its sole
discretion have been made for Optionee’s payment to the Company of the amount that is necessary to
be withheld in accordance with applicable Federal or state withholding requirements. No Shares
shall be issued pursuant to the Option unless and until such issuance and such exercise shall
comply with all relevant provisions of applicable law, including the requirements of any stock
exchange upon which the Shares then may be traded.

     4. Method of Payment. Payment of the Exercise Price shall be by any of the following, or a combination thereof,
at the election of the Optionee: (a) cash; (b) check; (c) to the extent permitted by the Company,
with Shares owned by the Optionee, or the withholding of Shares that otherwise would be delivered
to the Optionee as a result of the exercise of the Option, (d) pursuant to a “cashless exercise”
procedure, by delivery of a properly executed exercise notice together with such other
documentation, and subject to such guidelines, as the Company shall require to effect an exercise
of the Option and delivery to the Company by a licensed broker acceptable to the Company of
proceeds from the sale of Shares or a margin loan sufficient to pay the Exercise Price and any
applicable income or employment taxes or (e) such other consideration or in such other manner as
may be determined by the Company in its absolute discretion.

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     5. Termination of Option. Any unexercised portion of the Option shall automatically and without notice terminate and
become null and void at the time of the earliest to occur of the following:

          (a) if, prior to the Vesting Date, the Optionee’s Continuous Service is terminated for any
reason, the date on which the Optionee’s Continuous Service is terminated, unless the Company
otherwise determines in writing in its sole discretion to waive the termination of such Option;

          (b) the tenth anniversary of the date as of which the Option is granted; or

          (c) the liquidation or dissolution of the Company.

     6. Restrictions While Stock is Not Registered.

          (a) Restricted Shares. Any Shares acquired upon exercise of the Option specified in Section 1 and (i) all shares
of the Company’s capital stock received as a dividend or other distribution upon such shares and
(ii) all shares of capital stock or other securities of the Company into which such shares may be
changed or for which such shares shall be exchanged, whether through reorganization,
recapitalization, stock split-ups or the like, shall be subject to the provisions of this Section 6
at all times, and only at those times, that Shares are not registered under the Exchange Act (such
times during which the Stock is not so registered sometimes hereinafter being referred to as the
“Restricted Period”) and are during the Restricted Period hereinafter referred to as
“Restricted Shares.”

          (b) No Sale or Pledge of Restricted Securities. Except as otherwise provided herein, the Optionee agrees and covenants that during the
Restricted Period he or she shall not sell, pledge, encumber or otherwise transfer or dispose of,
and shall not permit to be sold, encumbered, attached or otherwise disposed of or transferred in
any manner, either voluntarily or by operation of law (all hereinafter collectively referred to as
“transfers”), all or any portion of the Restricted Securities or any interest therein
unless such transfer is pursuant to an effective registration statement under the Securities Act of
1933, as amended, or an applicable exemption from registration thereunder.

          (c) Legends. The certificate or certificates representing any Restricted Securities acquired
pursuant to the exercise of this Option prior to the last day of the Restricted Period shall bear
the following legends (as well as any legends required by applicable state and federal corporate
and securities laws):

THE SECURITIES REPRESENTED HEREBY HAVE NOT BEEN REGISTERED UNDER THE
SECURITIES ACT OF 1933, AS AMENDED (THE “ACT”), AND MAY NOT BE
OFFERED, SOLD OR OTHERWISE TRANSFERRED, PLEDGED OR HYPOTHECATED
UNLESS AND UNTIL REGISTERED UNDER THE ACT OR, IN THE OPINION OF
COUNSEL IN FORM AND SUBSTANCE SATISFACTORY TO THE ISSUER OF THESE
SECURITIES, SUCH OFFER, SALE
OR TRANSFER, PLEDGE OR HYPOTHECATION IS IN COMPLIANCE THEREWITH.

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THE SHARES REPRESENTED BY THIS CERTIFICATE ARE SUBJECT TO CERTAIN
RESTRICTIONS ON TRANSFER AS SET FORTH IN A NONQUALIFIED STOCK OPTION
AGREEMENT BETWEEN THE ISSUER AND THE ORIGINAL HOLDER OF THESE
SHARES, A COPY OF WHICH MAY BE OBTAINED AT THE PRINCIPAL OFFICE OF
THE ISSUER. SUCH TRANSFER RESTRICTIONS RIGHTS ARE BINDING ON
TRANSFEREES OF THESE SHARES.

     7. Transferability. Unless otherwise determined by the Company, the Option granted hereby is not transferable
otherwise than by will or under the applicable laws of descent and distribution, and during the
lifetime of the Optionee the Option shall be exercisable only by the Optionee, or the Optionee’s
guardian or legal representative. In addition, the Option shall not be assigned, negotiated,
pledged or hypothecated in any way (whether by operation of law or otherwise), and the Option shall
not be subject to execution, attachment or similar process. Upon any attempt to transfer, assign,
negotiate, pledge or hypothecate the Option, or in the event of any levy upon the Option by reason
of any execution, attachment or similar process contrary to the provisions hereof, the Option shall
immediately become null and void. The terms of this Option shall be binding upon the executors,
administrators, heirs, successors and permitted assigns of the Optionee.

     8. Adjustment of Shares.

          (a) If at any time while this Agreement is in effect, there shall be any increase or decrease
in the number of issued and outstanding Shares through the declaration of a stock dividend or
through any recapitalization resulting in a stock split-up, combination or exchange of shares, then
and in such event appropriate adjustment shall be made by the Company in the number of Shares and
the Exercise Price per share thereof then subject to any outstanding Options, so that the same
percentage of the Company’s issued and outstanding Shares shall remain subject to purchase at the
same aggregate Exercise Price.

          (b) The Company may change the terms of this Option with respect to the Exercise Price or the
number of Shares subject to the Option, or both, when, in the Company’s sole discretion, such
adjustments become appropriate so as to preserve but not increase the benefits under the Option.

          (c) In the event of a proposed sale of all or substantially all of the Company’s assets or any
reorganization, merger, consolidation or other form of corporate transaction in which the Company
does not survive, or where the securities of the another corporation, or its parent company, are
issued to the Company’s shareholders, then the other corporation or a parent of the other
corporation may, with the consent of the Company, assume each outstanding Option or substitute an
equivalent option or right. If the other corporation, or its parent, does not cause such an
assumption or substitution to occur, or the Company does not consent to such an
assumption or substitution, then each Option shall become immediately exercisable pursuant to
Section 10 hereof.

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          (d) Except as otherwise expressly provided herein, the issuance by the Company of shares of
its capital stock of any class, or securities convertible into shares of capital stock of any
class, either in connection with a direct sale or upon the exercise of rights or warrants to
subscribe therefor, or upon conversion of shares or obligations of the Company convertible into
such shares or other securities, shall not affect, and no adjustment by reason thereof shall be
made to, the number of or Exercise Price for Shares then subject to outstanding Options granted
under this Agreement.

          (e) Without limiting the generality of the foregoing, the existence of outstanding Options
granted under this Agreement shall not affect in any manner the right or power of the Company to
make, authorize or consummate (i) any or all adjustments, recapitalizations, reorganizations or
other changes in the Company’s capital structure or its business; (ii) any merger or consolidation
of the Company; (iii) any issue by the Company of debt securities, or preferred or preference stock
that would rank above the Shares subject to outstanding Options; (iv) the dissolution or
liquidation of the Company; (v) any sale, transfer or assignment of all or any part of the assets
or business of the Company; or (vi) any other corporate act or proceeding, whether of a similar
character or otherwise.

     9. No Shareholder Rights. Neither the Optionee nor any personal representative (or beneficiary) shall be, or shall
have any of the rights and privileges of, a shareholder of the Company with respect to any Shares
issuable upon the exercise of the Option, in whole or in part, prior to the date on which the
Shares are issued.

     10. Acceleration of Exercisability of Option.

          (a) This Option shall become immediately fully exercisable in the event that, prior to the
termination of the Option pursuant to Section 5 hereof, there is a Change in Control. For purposes
of this provision, a “Change in Control” shall be deemed to occur upon:

               (i) The acquisition by any Person of Beneficial Ownership (within the meaning of Rule 13d-3
promulgated under the Exchange Act) of more than fifty percent (50%) of either (A) the value of
then outstanding shares of common stock of the Company (the “Outstanding Company Common
Stock”) or (B) the combined voting power of the then outstanding voting securities of the
Company entitled to vote generally in the election of directors (the “Outstanding Company
Voting Securities”) (the foregoing Beneficial Ownership hereinafter being referred to as a
“Controlling Interest”); provided, however, that for purposes of this
Section 10(b), the following acquisitions shall not constitute or result in a Change in Control:
(v) any acquisition directly from the Company; (w) any acquisition by the Company; (x) any
acquisition by any Person that as of the Date of Grant owns Beneficial Ownership of a Controlling
Interest; (y) any acquisition by any employee benefit plan (or related trust) sponsored or
maintained by the Company or any Related Entity; or (z) any acquisition by any entity pursuant to a
transaction which complies with clauses (A), (B) and (C) of subsection (iii) below; or

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               (ii) During any period of two (2) consecutive years (not including any period prior to the
Date of Grant) individuals who constitute the Board on the Date of Grant (the “Incumbent
Board”) cease for any reason to constitute at least a majority of the Board; provided,
however, that any individual becoming a director subsequent to the Date of Grant whose
election, or nomination for election by the Company’s shareholders, was approved by a vote of at
least a majority of the directors then comprising the Incumbent Board shall be considered as though
such individual were a member of the Incumbent Board, but excluding, for this purpose, any such
individual whose initial assumption of office occurs as a result of an actual or threatened
election contest with respect to the election or removal of directors or other actual or threatened
solicitation of proxies or consents by or on behalf of a Person other than the Board; or

               (iii) Consummation of a reorganization, merger, statutory share exchange or consolidation or
similar transaction involving the Company or any of its Related Entities, a sale or other
disposition of all or substantially all of the assets of the Company, or the acquisition of assets
or equity of another entity by the Company or any of its Related Entities (each a “Business
Combination”), in each case, unless, following such Business Combination, (A) all or
substantially all of the individuals and entities who were the Beneficial Owners, respectively, of
the Outstanding Company Common Stock and Outstanding Company Voting Securities immediately prior to
such Business Combination beneficially own, directly or indirectly, more than fifty percent (50%)
of the value of the then outstanding equity securities and the combined voting power of the then
outstanding voting securities entitled to vote generally in the election of members of the board of
directors (or comparable governing body of an entity that does not have such a board), as the case
may be, of the entity resulting from such Business Combination (including, without limitation, an
entity which as a result of such transaction owns the Company or all or substantially all of the
Company’s assets either directly or through one or more subsidiaries) in substantially the same
proportions as their ownership, immediately prior to such Business Combination of the Outstanding
Company Common Stock and Outstanding Company Voting Securities, as the case may be, (B) no Person
(excluding any employee benefit plan (or related trust) of the Company or such entity resulting
from such Business Combination or any Person that as of the Date of Grant owns Beneficial Ownership
of a Controlling Interest) beneficially owns, directly or indirectly, fifty percent (50%) or more
of the value of the then outstanding equity securities of the entity resulting from such Business
Combination or the combined voting power of the then outstanding voting securities of such entity
except to the extent that such ownership existed prior to the Business Combination and (C) at least
a majority of the members of the Board of Directors or other governing body of the entity resulting
from such Business Combination were members of the Incumbent Board at the time of the execution of
the initial agreement, or of the action of the Board, providing for such Business Combination; or

               (iv) Approval by the stockholders of the Company of a complete liquidation or dissolution of
the Company.

               Notwithstanding anything in the foregoing to the contrary, the transactions contemplated by
(A) that certain Merger Agreement, dated as of July 14, 2009, as amended, by and among the Company,
Sorrento Therapeutics, Inc., a Delaware corporation, Sorrento Merger Corp., Inc., a Delaware
corporation and wholly-owned subsidiary of the Company, Stephen Zaniboni, as Stockholders’ Agent
thereunder, and Glenn Halpryn, as Parent Representative
thereunder, and (B) that certain Stock Purchase Agreement, dated as of September 18, 2009, by
and between the Company and each of the Investors listed on Exhibit A thereto, shall not
(individually or together) constitute a Change of Control for purposes of this Agreement.

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          (b) Notwithstanding the foregoing, if in the event of a Change in Control the successor
company assumes or substitutes for the Option, the vesting of the Option shall not be accelerated
as described in Section 10(a). For the purposes of this paragraph, the Option shall be considered
assumed or substituted for if following the Change in Control the Option or substituted option
confers the right to purchase, for each Share subject to the Option immediately prior to the Change
in Control, the consideration (whether stock, cash or other securities or property) received in the
transaction constituting a Change in Control by holders of Shares for each Share held on the
effective date of such transaction (and if holders were offered a choice of consideration, the type
of consideration chosen by the holders of a majority of the outstanding shares); provided,
however, that if such consideration received in the transaction constituting a Change in
Control is not solely common stock of the successor company or its parent or subsidiary, the
Committee may, with the consent of the successor company, or its parent or subsidiary, provide that
the consideration to be received upon the exercise or vesting of the Option will be solely common
stock of the successor company or its parent or subsidiary substantially equal in Fair Market Value
to the per share consideration received by holders of Shares in the transaction constituting a
Change in Control. The determination of such substantial equality of value of consideration shall
be made by the Committee in its sole discretion and its determination shall be conclusive and
binding. Notwithstanding the foregoing, on such terms and conditions as may be set forth in an
Award Agreement, in the event of a termination of the Optionee’s employment in such successor
company (other than for Cause) within 24 months following such Change in Control, the option held
by the Optionee at the time of the Change in Control shall be accelerated as described in paragraph
(a) of this Section 10.

          (c) The Company shall give written notice of any proposed transaction referred to in this
Section 10 a reasonable period of time prior to the closing date for such transaction (which notice
may be given either before or after approval of such transaction), in order that the Optionee may
have a reasonable period of time prior to the closing date of such transaction within which to
exercise the Option if and to the extent that it then is exercisable (including any portion of the
Option that may become exercisable upon the closing date of such transaction). The Optionee may
condition his exercise of the Option upon the consummation of a transaction referred to in this
Section 10.

     11. Withholding or Deduction for Taxes. If at any time specified herein for the making of any issuance or delivery of any Option or
Shares to the Optionee or any beneficiary, any law or regulation of any governmental authority
having jurisdiction in the premises shall require the Company to withhold, or to make any deduction
for, any taxes or take any other action in connection with the issuance or delivery then to be
made, such issuance or delivery shall be deferred until such withholding or deduction shall have
been provided for by the Optionee or beneficiary, or other appropriate action shall have been
taken.

     12. No Right to Continued Service. Neither the Option nor this Agreement shall confer upon the Optionee any right to continued
service with the Company.

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     13. Law Governing. This Agreement shall be governed in accordance with and governed by the internal laws of
the State of Delaware without regard to conflicts of laws principles.

     14. Interpretation. The Optionee accepts the Option subject to all of the terms and provisions of this
Agreement. The undersigned Optionee hereby accepts as binding, conclusive and final all decisions
or interpretations of the Company upon any questions arising under this Agreement, unless shown to
have been made in an arbitrary and capricious manner.

     15. Notices. Any notice under this Agreement shall be in writing and shall be deemed to have been duly
given when delivered personally or three days after being deposited in the United States mail,
registered, postage prepaid, and addressed, in the case of the Company, to the Company’s Secretary
at 4400 Biscayne Blvd., Suite 950, Miami, Florida 33137, or if the Company should move its
principal office, to such principal office, and, in the case of the Optionee, to the Optionee’s
last permanent address as shown on the Company’s records, subject to the right of either party to
designate some other address at any time hereafter in a notice satisfying the requirements of this
Section 15.

Signatures Follow on Next Page

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     IN WITNESS WHEREOF, the undersigned have executed this Option Agreement as of the date first
set forth above.

	 	 	 	 	 
	 	COMPANY:

QUIKBYTE SOFTWARE, INC.

 	 
	 	By:  	/s/
 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 

     The Optionee represents that he has reviewed the provisions of this Option Agreement in its
entirety, is familiar with the terms and provisions thereof, and hereby accepts this Option subject
to all of the terms and provisions thereof. The Optionee further represents that he or she has had
an opportunity to obtain the advice of counsel prior to executing this Option Agreement.

	 	 	 	 	 
	 	OPTIONEE:

 	 
	 	/s/
 	 
	 	Name:  	 	 
	 	 	 
	 

9exv10w1

Exhibit 10.1

THIRD AMENDED AND RESTATED LICENSE AGREEMENT

     THIS THIRD AMENDED AND RESTATED LICENSE AGREEMENT (“Agreement”) is between Perot
Systems Family Corporation, a Texas corporation (“PSFC”), H. Ross Perot, an individual
domiciled in Texas, Ross Perot, Jr., an individual domiciled in Texas (PSFC, H. Ross Perot, and
Ross Perot, Jr. collectively referred to as “Licensor”), and Perot Systems Corporation
(“Licensee”).

RECITALS:

     WHEREAS, concurrently herewith, Dell, Inc., a Delaware corporation (“Parent”), DII —
Holdings, Inc., a Delaware corporation and an indirect, wholly owned subsidiary of Parent
(“Merger Sub”), and Licensee are entering into an Agreement and Plan of Merger (as such
agreement may hereafter be amended from time to time, the “Merger Agreement”), pursuant to
which Merger Sub will be merged with and into Licensee (the “Merger”);

     WHEREAS, in furtherance of the Merger, on the terms and subject to the conditions set forth in
the Merger Agreement, Merger Sub has agreed to commence an offer (the “Offer”) to purchase
for cash all of the issued and outstanding shares of the Licensee’s Class A Common Stock, par value
$0.01 (the “Common Stock”), including all of the shares of Common Stock beneficially owned
by Licensor, if any;

     WHEREAS, Licensor and Licensee are parties to a Second Amended and Restated License Agreement
that purports to be effective as of May 18, 1988 (“Amended License”), pursuant to which
Licensee was granted certain rights to use the names “Perot Systems” (the “Name”) and
“Perot” (the “Surname”);

     WHEREAS, the use of the Name is an important part of Licensee’s business and, as a result,
Parent’s and Merger Sub’s willingness to enter into the Merger Agreement is conditioned upon the
execution and delivery of this Agreement by Licensor and Licensee; and

     WHEREAS, as a condition and material inducement to entering into the Merger Agreement, Parent
and Merger Sub have required that Licensor and Licensee agree, and Licensor and Licensee have
agreed, to replace the terms and conditions of the Amended License with this Agreement.

     NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which are
hereby acknowledged, the parties agree as follows:

     1. Grant of License to the Name. Subject to the terms and conditions of this
Agreement, Licensor hereby grants Licensee during the Term an exclusive, royalty-free, irrevocable
license without geographic restriction to use the Name in the business operations of Licensee, as
part of Licensee’s domain names, and in general in connection with Licensee’s current businesses,
products, services, and charitable activities, and its future businesses, products, services, and
charitable activities resulting from natural expansion and evolution and from integration with
Parent’s information technology services and business solutions businesses, including the right to
sublicense these rights to Affiliates (hereinafter defined) for use in connection with Licensee’s
above described businesses, products, services, and charitable

 

 

activities. Licensee shall take steps reasonably designed to phase out use of the Name such
that all trademark use of the Name by Licensee shall have ceased by the expiration of the Term.
For purposes of this Agreement, the term “Affiliate” means (i) any legal entity that
directly or indirectly owns or controls or is owned or controlled by or is under common control
with an entity, and (ii) partnerships, joint ventures and similar business entities in which the
entity has a direct or indirect equity interest.

          Notwithstanding the above license grant, Licensee shall have no right to use or license the
Name for use in connection with nature and/or science museums.

     2. Ownership of the Name. Licensor represents and warrants that it owns or has
sufficient rights to the Name and Surname to grant the rights hereunder, and Licensor has full
authority to enter into this Agreement without joinder of any other person.

     3. Termination of Licenses to the Surname. All prior rights granted by Licensor to
Licensee in the Surname are hereby terminated effective two (2) years from the Acceptance Date.
Licensee shall have two (2) years from the Acceptance Date (as defined in the Merger Agreement) to
cease all trademark use of the Surname (including as part of a trade name). Licensee shall
maintain the domain names perot.com and perot.net (and any other perot.gTLD’s currently controlled
by Licensee), and shall transfer all such domain names to Licensor promptly following the second
anniversary of the Acceptance Date. Licensor covenants, represents and warrants that it will
neither make nor permit use of such domain names for a period of one (1) year after they are
transferred to Licensor by Licensee.

     4. Quality Standards. Licensee shall comply with reasonable guidelines relating to the
use of the Name that Licensor may provide to Licensee from time to time. Licensee agrees that it
will not use the Name in any manner, or in connection with any products or services, which results
in a diminution of the value of the Name or brings disrepute to the Name. The parties acknowledge
that no goods or services currently offered by Licensee or its Affiliates would result in a
diminution of value of the Name or bring disrepute to the Name. Except for the licensed rights to
use the Name, no rights of publicity are granted by this Agreement.

     5. Infringement Proceedings. During the Term, Licensee shall have the sole right, at
its expense, to bring infringement or unfair competition proceedings with regard to any
unauthorized use of the Name in its entirety or of an obvious misspelling of the entire Name.
Otherwise, Licensee shall have no right to bring any proceedings against third parties using the
Surname.

     6. Term. The term of this Agreement (the “Term”) is effective immediately and
shall continue until the earlier of: (i) the date that is five (5) years from the Acceptance Date
(as defined in the Merger Agreement); or (ii) the date of any termination pursuant to Section 7.
Notwithstanding the foregoing, this Agreement shall terminate automatically and without further
action by the parties hereto in the event that the Merger Agreement is terminated in accordance
with its terms, and upon any such termination, the Amended License shall be automatically
reinstated and shall be effective.

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     7. Termination for Cause. In the event that Licensee’s use of the Name is not in
compliance with the terms of this Agreement, Licensor shall notify Licensee in writing of
non-compliance, which notice shall describe in reasonable detail the nature of such noncompliance.
Upon receiving such notice, Licensee shall have sixty (60) days to cure such noncompliance. If
Licensee has not cured such noncompliance within such sixty (60) day period, Licensor may terminate
the Agreement by written notice.

     8. Effect of Termination. Upon the expiration of the Term pursuant to Section
6, Licensee shall have discontinued all trademark use of the Name (including as part of a trade
name) and any name or mark confusingly similar thereto, and shall take whatever other actions are
reasonably requested by Licensor in writing. Upon receipt of notice of termination of this
Agreement pursuant to Section 7, Licensee shall, within one year thereafter, discontinue
all trademark use of the Name (including as part of a trade name) and any name or mark confusingly
similar thereto, and shall take whatever other actions are reasonably requested by Licensor in
writing related to the Name. Upon the termination of this Agreement in accordance with the
provisions of Section 7, or expiration of the Term, all rights granted to Licensee herein
shall revert to Licensor.

     9. Licensor Use of the Name. Licensor represents, warrants and covenants that it will
neither make nor permit trademark use of the Name (including as part of a trade name) during the
Term of this Agreement and for five (5) years thereafter. In addition, Licensor further
represents, warrants and covenants that it will neither make nor permit trademark use of the
Surname (including as part of a trade name) during the Term of this Agreement in connection with
any business, product or service in the Field of Goods. “Field of Goods” means all information
technology and/or business process related goods and services, including without limitation all
goods and services previously, currently, or planned to be offered by Licensee or Parent, or their
Affiliates, such as (i) information technology services and business solutions, including
technology infrastructure services, cloud computing, applications services, business process
services, and consulting services, (ii) mobility products, desktop PCs, software and peripherals,
servers and networking products, storage products, consumer electronics goods, and (iii) other
information technology or outsourcing related goods and/or services. Licensor shall otherwise
remain free to use the Surname without restriction. During the Term, Licensor shall promptly
provide any necessary consents or approvals, upon request of Licensee, to permit Licensee to
register corporate name(s) which comprise or include the Name in Texas or other jurisdictions.

     10. Trademarks and Service Marks. Licensee has and shall have throughout the Term the
right to maintain the registrations for “Perot Systems”, “perotsystems.com” and any similar marks
that contain the entire Name, in any and all stylizations and formats as a trademark or service
mark in any country or state in connection with uses of the Name permitted by this Agreement.

     11. Indemnity.

          (a) By Licensee. Except for any claims covered by Licensor’s indemnity in Section
11(b) below, Licensee shall defend, indemnify and hold harmless Licensor and Licensor’s
successors, heirs and assigns from and against any and all third party claims arising

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out of use of the Name by Licensee, its Affiliates, and their agents and employees under this
Agreement after the Effective Date.

          (b) By PSFC. PSFC shall defend, indemnify and hold harmless Licensee and Licensee’s
Affiliates, successors, heirs and assigns from and against any and all third party claims arising
out of any allegation that use of the Name by Licensee, or its Affiliates, and their agents and
employees under this Agreement, infringes or otherwise violates the rights of any third party.

     12. Assignment. Neither party may assign this Agreement without the prior written
consent of the other party, provided, however, that a party shall have the right to assign this
Agreement without the consent of the other party to any successor to all or substantially all of
the assets or business of such party to which this Agreement relates.

     13. Non-Disparagement. During the Term, Licensor shall not, directly or indirectly,
knowingly make or knowingly cause to be made to any person any disparaging, derogatory or other
negative or false statement about Licensee, Parent, Merger Sub, the Perot Companies (as defined
below), or any of their respective Affiliates (including their products, services, policies,
practices, operations, employees, sales representatives, agents, officers, members, managers,
partners or directors). During the Term, each of Licensee, Parent, Merger Sub, and the Perot
Companies shall not, directly or indirectly, and shall use commercially reasonable efforts to cause
their respective controlled Affiliates not to, knowingly make or knowingly cause to be made to any
person any disparaging, derogatory or other negative or false statements about Licensor. Nothing in
this Section 13 shall limit the rights of a party hereto in any legal proceedings by,
against or involving such party pertaining to such party’s rights, remedies or obligations under
this Agreement or the Merger Agreement or other agreements relating to the transactions
contemplated by the Merger Agreement. “Perot Companies” means Licensee and each of its
Subsidiaries. “Subsidiaries” means, with respect to any party, any entity, whether
incorporated or unincorporated, of which at least a majority of the securities or ownership
interest having by their terms voting power to elect a majority of the board of directors or other
persons performing similar functions is directly or indirectly owned or controlled by such party or
by one or more of its respective Subsidiaries.

     14. Further Assurances. From time to time, at either party’s request and without
further consideration, each party hereto shall execute and deliver such additional documents and
take all such further lawful action as may be necessary or desirable to consummate and make
effective, in the most expeditious manner practicable, the transactions contemplated by this
Agreement.

     15. Equitable Relief. Licensor acknowledges that the covenants of Licensor contained
in Section 9 hereof are special and unique, that a breach by Licensor of any term or
provision of any of such Section will cause irreparable injury to Licensee, and that remedies at
law for the breach of any terms or provisions of Section 9 hereof will be inadequate.
Accordingly, in addition to any other remedies it may have in the event of breach, Licensee shall
be entitled to enforce specific performance of the terms and provisions of Section 9
hereof, to obtain temporary and permanent injunctive relief to prevent the continued breach of such
terms and provisions without the necessity of posting a bond or of proving actual damage, and to

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obtain attorneys’ fees in respect of the foregoing if the Licensor prevails in such action or
proceeding.

     16. Governing Law. This Agreement will be governed by and construed in accordance with
the laws of the State of Texas without regard to principles of conflicts of law. THE PARTIES
HERETO IRREVOCABLY SUBMIT AND CONSENT TO THE EXCLUSIVE JURISDICTION OF THE UNITED STATES DISTRICT
COURT FOR THE WESTERN DISTRICT OF TEXAS, AUSTIN DIVISION AND THE UNITED STATES DISTRICT COURT FOR
THE NORTHERN DISTRICT OF TEXAS, DALLAS DIVISION OR OTHER TEXAS DOMICILE OF LICENSOR (AND IN THE
EVENT THERE IS NO BASIS FOR FEDERAL JURISDICTION, THEN THE TEXAS STATE DISTRICT COURT IN WILLIAMSON
COUNTY TEXAS AND DALLAS COUNTY TEXAS OR OTHER TEXAS DOMICILE OF LICENSOR) AND HEREBY AGREE THAT
SUCH COURTS SHALL BE THE EXCLUSIVE PROPER FORUM FOR THE DETERMINATION OF ANY DISPUTE RELATING IN
ANY WAY TO THIS AGREEMENT. THIS AGREEMENT, AND ANY DISPUTE RELATING IN ANY WAY TO THIS AGREEMENT’S
INTERPRETATION, PERFORMANCE OR BREACH SHALL BE GOVERNED BY THE LAWS OF THE STATE OF TEXAS, WHETHER
THE DISPUTE OR CLAIM IS IN CONTRACT, TORT, OR OTHERWISE AND INCLUDING STATUTORY, CONSUMER
PROTECTION, COMMON LAW, AND EQUITABLE CLAIMS.

     17. Severability. If any provision of this Agreement will be held invalid or
unenforceable for any reason, the validity and enforceability of all other provisions will not be
affected thereby.

     18. Notices. All notices, requests, claims, demands and other communications
hereunder shall be in writing and shall be delivered personally, by facsimile with confirmation of
receipt, or by next day courier service, providing proof of delivery. Any such notice shall be
effective upon receipt, if delivered personally or by facsimile, or one day after delivery to a
courier service for next-day delivery. All communications hereunder shall be delivered to the
respective parties at the following addresses:

If to Licensee:

P.O. Box 269014

Plano, TX 75026-9014

Attention: J. Y. Robb III

Facsimile: (972) 535 - 1999

If to Licensee:

2300 West Plano Parkway

Attention: Mr. Thomas D. Williams

Facsimile: (972) 577 - 6085

or to such other address as the party to whom notice is given may have previously furnished to the
others in writing in the manner set forth above.

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     19. Entire Agreement. This Agreement, together with the Merger Agreement and the other
documents referred to herein, constitutes the entire agreement between the parties with respect to
the subject matter hereof and supersedes all other prior agreements and understandings, both
written and oral, between the parties with respect to the subject matter hereof. Without limiting
the foregoing, this Agreement expressly supersedes and replaces in its entirety the Amended
License.

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     IN WITNESS WHEREOF, and intending to be legally bound hereby, the parties have executed this
Agreement on the dates set forth below, to be effective as of September 20, 2009.

	 	 	 	 	 	 	 	 	 
	Perot Systems Family Corporation	 	Perot Systems Corporation	 	 
	 
	 	 	 	 	 	 	 	 
	By: 

Name:

	 	/s/ H. Ross Perot
 

H. Ross Perot
	 	By:

Name:
	 	/s/ John E. Harper
 

John E. Harper
	 	 
	Title:

	 	President
	 	Title:
	 	Vice President and Chief Financial Officer	 	 
	 
	 	 	 	 	 	 	 	 
	/s/ H. Ross Perot	 	/s/ Ross Perot, Jr.	 	 
	 	 	 	 	 
	H. Ross Perot	 	Ross Perot, Jr.	 	 

Signature Page to

Third Amended and Restated License Agreement

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