Document:

Amendment to Amended and Restated Investor Rights Agreement

 Exhibit 4.7 
 AMENDMENT TO 
 AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT

 This Amendment to Amended and Restated Investor Rights Agreement (the “Amendment”) is
made and entered into effective March 11, 2011 by and among Ellie Mae, Inc., a Delaware corporation (the “Company”), and the persons holding the majority of the outstanding Registrable Securities and set forth on the signature
pages hereto (the “Majority Holders”). 
 RECITALS 

WHEREAS, the Company’s predecessor, Ellie Mae, Inc., a California corporation (the “Predecessor”),
and the persons holding the majority of the Registrable Securities then outstanding executed that Amended and Restated Investor Rights Agreement, dated December 21, 2005 (the “Investor Rights Agreement”) (capitalized terms used
but not defined herein have the meaning ascribed to them in the Investor Rights Agreement); 
 WHEREAS, the
Company became party to the Investor Rights Agreement by operation of law upon the reincorporation of the Predecessor as the Company effective November 30, 2009; 

WHEREAS, under Section 6.2 of the Investor Rights Agreement, the Company and Holders of at least a majority of the
Registrable Securities may amend, on behalf of all other holders of Registrable Securities, terms of the Investor Rights Agreement; 
 WHEREAS, the Company and the persons holding the majority of Registrable Securities then outstanding have entered into an Amendment and Waiver to Amended and Restated Investor Rights Agreement, dated
March 31, 2010, and an Amendment and Waiver to Amended and Restated Investor Rights Agreement, dated September 16, 2010; 
 WHEREAS, the Majority Holders hold at least a majority of the Registrable Securities; and 
 WHEREAS, the Majority Holders and the Company now desire to further amend the Investor Rights Agreement. 
         AGREEMENT 
 NOW, THEREFORE, in consideration of the foregoing, the parties hereto agree as follows: 
  

	 	 1.
	 Section 3.4 of the Investor Rights Agreement shall be amended and restated in its entirety as follows: 

 

	 	 3.4
	 Termination of Rights. The rights granted under this Section 3 shall expire as to all Holders upon the automatic conversion of all of
the then outstanding shares of Preferred Stock into shares of Common Stock in accordance with Article FOURTH, Section 4(a)(ii) of the Company’s Amended and Restated Certificate of Incorporation in effect as of March 11, 2011 (the
“Charter”). 
	 

  

	 	 2.
	 Section 4(c) of the Investor Rights Agreement shall be amended and restated in its entirety as follows: 

	 	 (c)
	 The rights granted under this Section 4 are not assignable by Hotung and shall expire upon the automatic conversion of all of the then
outstanding shares of Preferred Stock into shares of Common Stock in accordance with Article FOURTH, Section 4(a)(ii) of the Charter. 
	 

  

	 	 3.
	 From and after the date of this Amendment, the Investor Rights Agreement is amended by this Amendment. Except as expressly amended pursuant hereto
or pursuant to previous amendments referenced in the recitals hereto, the Investor Rights Agreement shall remain unchanged and in full force and effect and is hereby ratified and confirmed in all respects. 

 

	 	 4.
	 This Amendment may be executed in two or more counterparts, each of which shall be deemed an original, but all of which together shall constitute
one and the same instrument. 

  

	 	 5.
	 This Amendment and all acts and transactions pursuant hereto and the rights and obligations of the parties hereto shall be governed, construed and
interpreted in accordance with the laws of the State of California, without giving effect to principles of conflicts of law. 

 [SIGNATURE PAGES FOLLOW] 

  
 2 

 The parties have executed this Amendment as of the date first set forth
above. 
  

					
		
	 COMPANY:
	 	 ELLIE MAE, INC.,
 a Delaware corporation

			
		 	 By:
	 	 /s/Sigmund
Anderman                                

		 		 	 Name: Sigmund Anderman

		 		 	 Title: President and Chief Executive Officer

  

 
  
  

 
 Signature Page to Amendment to Amended and Restated Investor
Rights Agreement 

 The parties have executed this Amendment as of the date first set forth
above. 
  

					
			
	 MAJORITY HOLDERS:
	 	 Alta California Partners II, LP
	 	
		 	 By: Alta California Management Partners II, LLC
	 	
			
		 	 By: /s/Guy
Nohra                                        
                    
	 	
			
		 	 Name: Guy Nohra
	 	
		 	 Title: Member
	 	
			
		 	 Alta Embarcadero Partners II, LLC
	 	
			
		 	 By: /s/Guy
Nohra                                        
                    
	 	
			
		 	 Name: Guy Nohra
	 	
		 	 Title: Member
	 	
			
		 	 AMA98 Corporate, L.P.
	 	
		 	 AMA98 Investors, L.P.
	 	
		 	 AMA98 Partners, L.P.
	 	
		 	 AMA98 Ventures, L.P.
	 	
		 	   By: /s/Tony Di
Bona                                         
                   

  Managing Member of
   Alloy Ventures 1998, LLC
   the general partner of

  AMA98 Corporate, LP, AMA98 Investors, LP,
   AMA98 Partners LP, AMA98 Ventures, LP
	 	
			
		 	   Charter Legacy, LLC
	 	
			
		 	   By: /s/Elizabeth
Hammack                                        
            
	 	
			
		 	   Name: Elizabeth Hammack
	 	
		 	   Title: EVP
	 	
			
		 	   Chung-Shan II Venture Capital Corporation
	 	
			
		 	   By: /s/Shan-Hui
Tseng                                        
                  
	 	
			
		 	   Name: Shan-Hui Tseng
	 	
		 	   Title: President
	 	

 Signature Page to Amendment to Amended and Restated Investor Rights Agreement 

 The parties have executed this Amendment as of the date first set forth
above. 
  

	
	
	 Corelogic, Inc.

	
	 By: /s/Gerald
Hoerauf                                        
        

	
	 Name:

	 Title:

	
	 Daniel I. Rubin

	
	 By: /s/Daniel I.
Rubin                                        
        

	
	 Eric S. Dobkin

	
	 By:
                                         
                       

	
	 Dobkin Family Foundation

	
	 By:
                                         
                       

	
	 Name:

	 Title:

	
	 Fannie Mae

	
	 By:
                                         
                       

	
	 Name:

	 Title:

	
	 Frank J. and Paula C. Schultz 1989 Revocable

Trust

	
	 By: /s/Frank J.
Schultz                                        
        

	
	 Name: Frank J. Schultz

	 Title: Trustee

 
 Signature Page to Amendment to Amended and Restated Investor
Rights Agreement 
  

 The parties have executed this Amendment as of the date first set forth
above. 
  

	
	
	 Genworth Financial Services, Inc.

	
	 By: /s/Chris
Mock                                         
               

	
	 Name: Chris Mock

	 Title: SVP

	
	 GKM SBIC, L.P., SBA as Receiver for

	
	 By: /s/Thomas G.
Morris                                        
    

	
	 Name: Thomas G. Morris

	 Title: Director, Office of Liq

	
	 Hotung Venture Capital Corporation

	
	 By: /s/ Tsui-Hui
Huang                                        
    

	
	 Name: Tsui-Hui Huang

	 Title: President

	
	 Shengtung Venture Capital Corporation

	
	 By: /s/ Tsui-Hui
Huang                                        
    

	
	 Name: Tsui-Hui Huang

	 Title: President

	
	 PMI Mortgage Insurance Co.

	
	 By:
                                         
                               

	
	 Name:

	 Title:

  

Signature Page to Amendment to Amended and Restated Investor Rights Agreement 

 The parties have executed this Amendment as of the date first set forth
above. 
  

	
	
	 The Pidwell Family Living Trust dated 6/25/87

	
	 By: /s/David W.
Pidwell                                        
        

	
	 Name: David W. Pidwell

	 Title: Trustee

	
	 W Capital Partners II, L.P.

	
	 By: WCP GP II, L.P. its General Partner

	
	 By: WCP GP II, LLC its General Partner

	
	 /s/ David
Wachter                                        
        

	
	 Managing Member

 
  
  

 
 Signature Page to Amendment to Amended and Restated Investor
Rights AgreementPortal/LOS Link Agreement

 Exhibit 10.16 
 PORTAL/LOS LINK AGREEMENT 
 This Agreement, dated as of January 1,
2007 (“Effective Date”), is entered into and made among First American Real Estate Solutions LLC, a California limited liability company, First American Real Estate Solutions, L.P., a Texas limited partnership, First American Real Estate
Solutions of Texas, L.P., a Texas limited partnership, eAppraiseIT LLC, a Delaware limited liability company, First American Title Insurance Company, Inc., a California corporation, and First American CoreLogic, Inc., dba First American Real Estate
Solutions, a Delaware corporation, (collectively, “First American”), and Ellie Mae, Inc., a California Corporation, (“Ellie Mae”). In consideration of the mutual promises contained in this Agreement, First American and Ellie Mae
hereby agree as follows: 
 WITNESSETH 

WHEREAS, Ellie Mae and its Controlled Companies (as hereinafter defined) provides loan origination software and
transaction management services to clients nationwide; 
 WHEREAS, First American is presently engaged in the
business of providing mortgage related services and data to the mortgage industry (“Services”); and 

WHEREAS, Ellie Mae desires to offer First American’s Services to certain of its customers (“End-Users”)
and First American desires to have its Services marketed and made available to End-Users. 
 NOW, THEREFORE, in
consideration of the mutual promises and covenants contained herein and for good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, First American and Ellie Mae agree as follows: 

 

	 1.
	   Development of Links between Ellie Mae and First American 

	 	 1.1
	 Ellie Mae Platform Development 

 Ellie Mae has developed the ePASS transaction management system or network (the “ePASS Network”) and the Encompass, Contour and Genesis 2000 Loan Origination System (“LOSs”) in its
business to business communication network, collectively known as the “Ellie Mae Platforms”, which offers End-Users the ability to order First American’s Services by electronically linking to First American’s network, as further
defined in Schedule A as the “First American Network”. 
 1.1.1 Services Lists

 First American will select one or more specific linked Service(s) (“Linked Services”) as set forth
in Paragraph III on Schedule A, that Ellie Mae will, pursuant to the terms and pricing in the Marketing Plan set forth in Schedule B-1, list on the Internet at its Ellie Mae Website page (“Ellie Mae Website”). For each
selected Linked Service, Ellie Mae shall display on its Ellie Mae Website such Linked Service’s title and a short description, review or reference, as per the Marketing Plan and the applicable Ellie Mae policies set forth in the partner area of
elliemae.com. 

  
  

Page 1 

 1.1.2 Consumer Report Linked Services 

Notwithstanding anything to the contrary contained in this Agreement, the parties agree that the following special terms
shall apply to all Linked Services that constitute or contain “consumer reports,” as such term is defined under the Federal Fair Credit Reporting Act (“Consumer Report Linked Services”). The ePASS Network will be used to transfer
End-Users who are interested in Consumer Report Linked Services to the First American Network. No orders for Consumer Report Linked Services will be taken or fulfilled at or through the Ellie Mae Platform, all such transactions will be conducted by
First American through the First American Network, and Ellie Mae shall not access any Consumer Report Linked Service for its own use or the use of any End-User. 

1.1.3 Software Development Kit 

In order to provide the interface between the First American Real Estate Solutions Linked Services (“RES Linked
Services”) and the Ellie Mae Platform, First American must integrate Ellie Mae’s Software Development Kit (“SDK”). Subject to the terms of Ellie Mae’s Software Development Kit License Agreement, to be separately
negotiated by the parties, Ellie Mae shall grant First American a license to the SDK. The parties acknowledge that the failure to execute the Software Development Kit License Agreement shall not constitute a breach of this Agreement
but may result in the RES Linked Services not being provided to End Users through the Ellie Mae Platform. 
  

	 	 1.2
	 Interface Development 

 Ellie Mae has developed an interface that will electronically transmit the data, generated from an End-User’s order placed via the Ellie Mae Platform, to the First American Network and translate such
data into a format that is usable by the First American Network and electronically transmit any data from the First American Network back to the Ellie Mae Platform and ultimately to the End-User (“Interface”). 

 

	 	 1.3
	 Costs of Development, Testing, Implementation, Changes and Updates 

Ellie Mae shall be responsible for the development, testing, and implementation of the Ellie Mae Platform and Interface,
and, except for First American’s responsibility for maintaining its connection of the First American Network to ePASS by maintaining its connection to the Interface, as set forth herein, or those actions that are beyond Ellie Mae’s control
(such as, but not limited to, network outages and those items set forth under Section 11.4 (“Force Majeure”), Ellie Mae assumes full responsibility and liability for connecting all End-Users and accurately transmitting any data from
the Ellie Mae Platform through the Interface to the First American Network. Notwithstanding the foregoing, First American shall be liable for any integration fees as set forth pursuant to any schedule, exhibit or like document duly executed by the
parties hereto. All new integrations will be quoted based on a Statement of Work to be executed by the parties. Changes and Updates, if minor (defined as requiring less than one day of one person’s labor to complete) will be performed at no
additional charge. Changes and Updates requested by First American that require more than one person’s time for more than one day will be quoted in a Statement of Work to be executed by the parties. First American shall notify Ellie Mae in
writing of changes in the Linked Services configurations or file format requirements and shall provide to Ellie Mae any and all such configurations and 

  
  

Page 2 

 
file format requirements no less than sixty (60) days prior to the effective date of such change. Ellie Mae shall use commercially reasonable efforts to implement such changes and First
American agrees to assist as reasonably requested by Ellie Mae in connection with such implementation. 
  

	 2.
	   Ellie Mae Responsibilities 

	 2.1
	   Operations and Maintenance 

Ellie Mae shall be solely responsible for the development, operation, and maintenance of the Ellie Mae Platform and
Interface (with the exception of First American’s connection with the Interface), including, without limitation: (a) the technical operation and all related equipment; (b) posting of First American’s authorized logo, descriptions
or information on the Ellie Mae Platform and linking those descriptions to the First American Network; (c) the accuracy and appropriateness of materials posted on or incorporated into the Ellie Mae Platform, with the exception of third party
material; (d) the transmittal, posting and delivery of data, orders and Linked Services between the Ellie Mae Platform and the First American Network; and (e) checking that content and materials posted on the Ellie Mae web sites are not
libelous, defamatory, obscene or violative of any law or regulation. Notwithstanding the above, First American understands and agrees that it must look exclusively to the applicable End-User (and not to Ellie Mae) for the payment of any fees that
may be due to it and for any data it receives from such End-Users, it being understood that Ellie Mae shall have no liability for any fees charged to the End-User by First American or for any data received through use of the ePASS Network.

  

	 2.2
	   Upgrades 

 Ellie Mae reserves the right to modify, enhance or upgrade the Ellie Mae Platform including the ePASS Network. In the event of any such modification, enhancement or upgrade, Ellie Mae shall use its
commercially reasonable efforts to provide an alternative for First American to continue using the ePASS Network without First American having to make any modifications, enhancements or upgrades. In the event that any such modification, enhancement
or upgrade will require modifications, enhancements or upgrades to the ePASS Network and/or the Interface, Ellie Mae shall use its commercially reasonable efforts to give First American ninety (90) days’ prior written notice of the
implementation of a change that requires a change on the part of First American. First American will use its commercially reasonable efforts to effectuate such change within ninety (90) days after the date of the implementation of such change.
In the event that First American is unable to make the changes within ninety (90) days following such change, First American may terminate this Agreement by providing Ellie Mae with at least sixty (60) days’ written notice prior to
the implementation of the change, but only for those services with a material detrimental effect caused by the modifications, enhancements, or upgrades as set forth pursuant to the notice described in this Paragraph 2.2. 

 

	 2.3
	   Errors, Bugs or Defects 

Ellie Mae shall correct any errors, bugs or defects in the Ellie Mae following First American’s or an End-User’s
notice to Ellie Mae thereof pursuant to its standard support 

  
  

Page 3 

 
provisions. 
  

	 2.4
	   Transmission of Data 

 Ellie Mae shall be responsible for maintaining the ePASS Network to enable the accurate delivery and or transmission of data generated by an End-User and translating it into a format that is usable by the
First American Network, and to enable the accurate delivery and transmission of data from the First American Network to the End-User(s). First American shall have no liability for any order where the transmission of such data is incomplete, garbled
or faulty, including, without limitation, transmissions that are mistakes, duplicative, or not usable, other than to notify Ellie Mae of such faulty transmission. 
  

	 2.5
	   Use of Data. 

 Ellie Mae is acting solely as a conduit for facilitating the order and delivery of Linked Services to End-Users and Ellie Mae shall not exercise any incidents of ownership, or other rights of use of
the First American Linked Services’ data, including without limitation, the sale or resale, use, licensing, assembling, or evaluation of the First American Linked Services’ data. First American owns, and at all times will continue to own,
the First American Linked Services’ data, and at all times shall continue to be the seller or licensor of the Linked Services to the End-Users pursuant to separate documentation between First American and the End-Users. 

 

	 	 2.5.1
	     Permitted Applications of the RES Linked Services by End Users. 

2.5.1.1 End-User’s Use: End Users may use First American Real Estate Solutions Linked Services (“RES
Linked Services”) for the internal business purpose of evaluating lending risk with no right to resell, relicense or redistribute in whole or in part. 
 2.5.1.2 Additional Restrictions. Ellie Mae agrees and warrants that Ellie Mae shall not use any element or component of the RES Linked Services to create, replace, supplement or enhance any title,
legal, vesting, ownership or encumbrance report. Ellie Mae warrants that Ellie Mae shall not use the RES Linked Services, coupled with alternative insurance approaches or products without first obtaining written permission from RES. 

2.5.1.3 To the extent Ellie Mae retains copies of any RES linked Services, Ellie Mae agrees that it shall only retain
such copies for archival purposes. 
  

	 2.6
	   Marketing Requirements. 

In consideration for the annual fees set forth in Schedule B-1 attached hereto and incorporated herein, Ellie Mae
agrees to the following, the details of which are also set forth in Schedule B-1: 
 2.6.1 Advertising
First Americans Linked Services. Throughout the Term, Ellie Mae hereby grants First American the right to promptly approve and to require Ellie Mae (or any affiliate thereof (each such affiliate of Ellie Mae, a “Controlled
Company” and, collectively, the “Controlled Companies”)) to reasonably modify, the position, size, scope or any other characteristic related to the appearance or functionality (including the

  
  

Page 4 

 
presence or absence thereof) of any text or graphic or any link, button, radio button, check box, tab or any other method of selection or indication (a “Feature”) that
permits an End-User to order, select or inquire about, or serves as an advertisement of, the Linked Services, or any other First American product, through any Ellie Mae Platform offered by Ellie Mae or any Controlled Company. 

2.6.2 First American Priority.  

Throughout the Term, the Linked Services set forth in Schedule A shall be the default selections on the ePASS
Network and specifically including on “My ePASS” and within the Encompass LOS (together with any successor products thereto, “Default Products”) of Ellie Mae, or any Controlled Company, and First American shall have the right to
promptly approve, and in connection therewith to require Ellie Mae, or any Controlled Company, to reasonably modify, the mechanism by which any Default Product selects the Linked Service as the default and by which Default Products users deselect
such products; provided, however, that such listings shall be limited to no more than one listing for any one of the Linked Services, provided, further, that First American shall not require that the mechanism by which
users of the Default Products deselect such Linked Services to be more difficult to use than the most difficult to use mechanism by which such user may deselect any other product that may be offered through any Default Product. 

2.6.3  Ellie Mae’s Customer List. 

On the first business day of each calendar quarter Ellie Mae shall provide to First American a true, correct and complete
copy of its then current customer list and the then customer lists of each Controlled Company, if any, which lists will contain the name of the companies and their main contacts only. First American shall use such customer list for the sole purpose
of promoting use of the Ellie Mae Platform and My ePASS for the ordering of the Linked Services; provided that, such customer lists are deemed to be Ellie Mae Confidential Information and First American is obligated to maintain their confidentiality
pursuant to the terms set forth in Section 8. 
 2.6.4 Display of First American Service Marks.

 Within the Ellie Mae Platform offered by Ellie Mae or any Controlled Company, including without limitation My
ePASS, Ellie Mae permits vendors to display a logo, Ellie Mae shall, or shall cause any Controlled Company to, include a First American logo (of First American’s choosing) thereon. Ellie Mae will use such First American logos pursuant to First
American’s trademark guidelines, which First American will provide to Ellie Mae a sufficient amount of time to enable Ellie Mae to comply. 
 2.6.5 Advertorials. 
 Advertorials will be provided at the
terms for the fees indicated in the Marketing Plan attached hereto as Schedule B-1. 
 2.6.6 Single
Web Page Access 
 Ellie Mae shall, and shall cause all Controlled Companies to, with First American’s
cooperation, offer a single web page through the Ellie Mae Platform offered by Ellie Mae 

  
  

Page 5 

 
or any Controlled Company on which an End User of the Ellie Mae Platform may enroll or otherwise sign-up for all products offered by First American. First American shall have the right to
approve, and in connection therewith, to require Ellie Mae (or any Controlled Company) to modify at First American’s expense (and Ellie Mae shall so modify or shall cause any Controlled Company to so modify), the position, size, scope or any
other characteristic of such web page, including, the placement on any other web page of the Ellie Mae Platform of a link to such web page. 
 2.6.7 First American Promotions. 
 If First American offers
a promotion to the Ellie Mae End-Users, Ellie Mae shall, or shall cause any Controlled Company to, include First American’s promotion on the “News Tab” or any web page in the Ellie Mae Platform offered by Ellie Mae or any Controlled
Company that features promotions of any vendor. First American shall have the right to approve, and in connection therewith, to require Ellie Mae (or any Controlled Company) to reasonably modify, the position, size, scope, description or any other
characteristic related to this display of such promotion. 
 2.6.8 Lead Sharing. 

Ellie Mae shall, and shall cause Controlled Companies to, promptly forward to First American any leads it receives related
to the Linked Services (and will use its commercially reasonable efforts to forward such leads within 1 business day). First American shall use such leads for the purpose of encouraging the ordering of the Linked Services through the ePASS Network.
If the person or entity to which such lead relates is already a customer of First American, Ellie Mae shall, and shall cause Controlled Companies to, refrain from forwarding such lead to a competitor of First American. 

 

	 3.
	   Joint Responsibilities. 

3.1 Marketing. 
 Ellie Mae and First American shall comply with the Marketing Plan set forth on Schedule B-1, which is incorporated herein by reference (as the same may be amended or modified from time to time by
written agreement of the parties hereto, the “Marketing Plan”). Where the Marketing Plan calls for the written or graphical display of any First American information, whether in physical or electronic form, or any
functionality on a web page related to the Linked Services, First American shall have the right to approve, and in connection therewith to require Ellie Mae (or any Controlled Company) to reasonably modify the position, size, scope, description or
any other characteristic related to the display of such information or any characteristic related to such functionality to coincide with the Marketing Plan. Ellie Mae shall not, and shall cause the Controlled Companies to not, with respect to any
such display of information or any functionality, give a display of information or functionality related to any competitor of First American, better position, greater size, greater scope or any better characteristic or functionality, as the case may
be, relative to that given First American. In the event of a conflict between the Marketing Plan and any other term of this Agreement, the terms of this Agreement shall govern. 

3.2 Training. 

  
  

Page 6 

 Subject to the approval of First American, which approval it may withhold in
its sole and unfettered discretion, First American may provide Ellie Mae access to First American’s facilities for the purpose of conducting training sessions. If Ellie Mae uses such facilities, Ellie Mae shall acknowledge, in such form and
manner as First American shall reasonably direct, that First American is sponsoring such training session and Ellie Mae shall not allow any First American competitor to co-sponsor such training session and shall not indicate in any manner that any
First American competitor is sponsoring such training session. 
 3.3 Consumer Privacy. 

The parties acknowledge that the Linked Services, while comprised in part of public record data, describes information
that may be deemed to be sensitive information by some consumers. It is the policy of First American to respect the request of consumers to remove their name, mailing address or telephone number from use in solicitation. First American understands
and agrees that such information provided to First American by the End-User is encrypted and that Ellie Mae does not have access to such information through the End-User’s use of the Ellie Mae Platform without otherwise obtaining the
consumer’s consent. This policy is an integral condition to First American entering into this Agreement. Both parties agree that: (a) they will not utilize in any manner the name, mailing address or telephone number of a consumer that is
designated within any Linked Service as requesting protection from solicitation; (b) they will not broadcast or otherwise make public the name, address or other information about an individual consumer, unless First American and the subject
consumer provide written authorization to do so; (c) they will abide by all prevailing federal, state, and local guidelines governing information practices and consumers’ rights to privacy; and (d) they will limit access to consumer
information to those individuals who have a “need to know” in connection with their respective businesses and will obligate those individuals to acknowledge consumers’ rights to privacy and adhere to fair information practices. The
parties will adopt, publish, and comply with privacy policies that comply with the guidelines established by the International Computer Standards Association and by either the guidelines established by TRUSTe.org as more fully set forth at
http://www.truste.org, the Better Business Bureau, or such other organizations as the parties mutually agree to select. The parties agree to comply with the applicable requirements under the Gramm-Leach-Bliley Act (15 U.S.C. 6801 et seq.) and the
Privacy Safeguards Rule promulgated by the Federal Trade Commission thereunder (16 C.F.R. 314) (together, “GLB Act”) with respect to “nonpublic information” (as defined under the GLB Act) they receive from consumers, including,
without limitation, to use that information solely for the purposes of carrying out this Agreement and implementing procedures required under the GLB Act to safeguard such information. 

 

	 	 3.4
	   End-User Contract Terms. 

End-Users may be required to execute agreements with First American in order to purchase or order Linked Services
(“End-User Agreements”). Where End-User Agreements are required, only End-Users who have executed End-User Agreements with First American will be permitted to access the relevant Linked Services via the

  
  

Page 7 

 
Ellie Mae Platform. 
  

	 	 3.5
	   Representations and Warranties 

The parties represent and warrant that: (a) they have all rights and interests to operate, license, maintain, modify,
and otherwise conduct business with each other and End-Users through the Ellie Mae Platform; (b) they acknowledge that End-Users connect through independent channels and that, if within their control, they will use commercially reasonable
efforts to prevent the transmission of known bugs, viruses, so-called “time bombs” or other functions, routines, devices, or instructions designed or available to create any unauthorized access to, or interruption in the functioning of the
Ellie Mae Platform or the electronic systems connected thereto; provided such shall not apply to any built-in or use drive destruction mechanism, time bomb, access code or similar device installed by First American in the Linked Services designed
to: (i) remotely monitor the misuse or unauthorized use of the Linked Services by End-Users, (ii) terminate an End-User’s access to the Linked Services as a result of misuse or expiration of the authorized use period, or
(iii) ensure proper operation or maintenance of the Linked Services provided by First American; (c) the parties have established and will maintain at all times security procedures to ensure that all data, document and information
transmissions are authorized, protected from loss, corruption, or disclosure to any party other than the intended recipient and documents and signatures are protected from improper access; and (d) First American shall not make any
representations or warranties to any person or entity with respect to the Ellie Mae Platform. 
  

	 4.
	   Orders and Order Processing 

  4.1 End-User Contract Terms. 

First American may require all End-Users to execute an agreement with First American before End-Users may purchase or
order Linked Services. 
 4.2 Order Processing. Subject to the terms and conditions of this Agreement and
any service agreement between First American and an End-User, First American shall be responsible for supplying and fulfilling Linked Service orders placed by End-Users via the Ellie Mae Platform; provided, however, that First American shall not be
responsible for the transmission of any data related to such order or any Linked Service and further reserves the right to reject orders that do not comply with any requirements that First American may periodically establish. To permit accurate
tracking, Ellie Mae shall be responsible for identifying the orders as having been placed via the Ellie Mae Platform. Ellie Mae and First American shall work together to determine the format by which all documents or information shall be transmitted
by and between First American and Ellie Mae. 
  

	 5.
	   Fees 

   5.1  Marketing Fees and Transaction Fees. 
 5.1.1 First American shall pay the Marketing Fees as set forth in the First Year Marketing Plan (Schedule B-1) (“Marketing Fees”) during the first year of this Agreement,
commencing with the Effective Date and payable in four installments, each such installment due on the first day of each calendar quarter after the Effective Date. Commencing on the first year

  
  

Page 8 

 
anniversary of the Effective Date of this Agreement, First American will pay a minimum of $150,000 in Marketing Fees of a portion of the Services listed in the Second Year Marketing Plan
(Schedule B-2) during the second year of this Agreement, commencing with the Effective Date and payable in four installments, each such installment due on the first day of each calendar quarter after the Effective Date. 

5.1.2 Commencing with the Effective Date, First American shall also pay Ellie Mae data transmission fees
(“Transaction Fees”) for each order transmitted through the Ellie Mae Platform as indicated on Schedule A. Notwithstanding anything to the contrary, if any state department of insurance or other applicable regulatory
body requires a mandatory reduction in title fees or other applicable fees for a Linked Service offered by First American hereunder, First American shall promptly notify Ellie Mae in writing and the parties shall negotiate in good faith to
appropriately adjust the Transaction Fees for the impacted Linked Service. If the parties are unable to agree within a reasonable period of time to an appropriate adjustment to the Transaction Fees for the impacted Linked Service(s), then First
American shall have the right, upon written notice to Ellie Mae, to remove the impacted Linked Service(s) from the Ellie Mae Platform and Interface under this Agreement with no liability to Ellie Mae, and Ellie Mae shall, within a commercially
reasonable time, but not to exceed five (5) business days, remove such Linked Service(s) from the Ellie Mae Platform and Interface at no additional cost to First American. 

Within sixty (60) days following the end of each month, First American shall provide Ellie Mae with a transaction
report of all unique submissions for Linked Services provided to First American via the ePASS Network. Ellie Mae shall generate an invoice based on such transaction report and submit it to First American at the address below for processing and
payment: 
 First American Real Estate Information Services, Inc. 

11902 Burnet Road 
 Austin, Texas 78758 
 Attention: Mary Lippa 

First American shall then pay Ellie Mae the Transaction Fees on a monthly basis within thirty (30) days of the date
of the invoice. 
  

	 	 5.2
	 The parties acknowledge that the Marketing Fees and the Transaction Fees represent fair and reasonable compensation for the value of the
services provided by Ellie Mae hereunder, and the parties have selected the manner and timing of payment of such compensation as a matter of convenience only. Each party is solely responsible for having determined that the compensation arrangements
and other terms and conditions of this Agreement comply with any law or regulation applicable to such party, including without limitation the federal Consumer Credit Protection Act. In making such determination, neither party has relied on any
opinion, representation or information obtained directly or indirectly from the other party. If it is determined, or if, based upon information or events subsequent to the Effective Date, Ellie Mae or First American reasonably concludes that any of
the provisions of this Agreement do or are likely to 

  
  

Page 9 

	 	 
violate any applicable law or regulation, the parties will use commercially reasonable efforts to amend this Agreement to bring it into compliance with applicable laws and regulations; provided,
however, that if the parties are unable to agree upon such amendment, either party may terminate this Agreement upon written notice to the other. Each party agrees that it will not assert any claim against the other party to the effect that the
relationship established hereunder, including without limitation, the compensation arrangement set forth herein, violates applicable law or regulation. 

 

	 	 5.3
	 Credit. 

 Ellie Mae hereby grants to First American a credit in the amount of $220,000 (“Credit”), which First American may apply toward expenses charged to First American by Ellie Mae and
the Controlled Companies for advertising and marketing services in addition to those set forth in the Marketing Plan (and which are covered by the Marketing Fees). Ellie Mae agrees with respect to any advertising opportunities not to charge First
American a price that is higher than any price charged to any other vendor or competitor of First American (other than Ellie Mae or any Controlled Company). A schedule of available advertising and marketing services not covered in the Marketing Plan
is listed in Schedule C. If by the end of the first calendar year after the Effective Date (or by December 31, 2007) First American has not used at least one-half of the Credit (or $110,000), then any unused amount of such $110,000 will be
credited towards the Transaction Fees then due and owing. 
  

	 	 5.4.
	  Reporting and Audit Rights. 

 In the event that Ellie Mae believes in good faith that the amounts paid to Ellie Mae are not accurate, then Ellie Mae may request in writing that a First American executive verify the accuracy of its
records and calculations relating to the amounts payable hereunder. Upon such request, First American will recalculate the amount of the contested fees and deliver a written certificate stating the correct amount payable under the Agreement, signed
by an executive of First American, together with a payment shortfall, if any, plus interest equal to one and one half percent (1.5 percent) per month (or, if less, the maximum amount allowed by applicable law) on the overdue balance. 

 

	 	 5.5
	 Policies and Pricing. 

 End-Users who purchase or order Linked Services via the Ellie Mae Platform shall be duly authorized by Ellie Mae to use the Ellie Mae Platform and be either an existing customer of First American or shall
register as a new customer of First American in accordance with First American’s terms and conditions. Accordingly, all First American policies and operating procedures concerning customer orders, customer service and service sales will apply
to those End-Users. First American may change its policies and operating procedures at any time upon proper notice to such End-Users. For example, First American will determine the prices to be charged for the Linked Services sold in accordance with
First American’s own pricing policies, subject to the following. Although Linked Service prices and availability may vary from customer-to-customer and from time-to-time, First American will not discriminate against any End-User in any manner,
including service levels, price or product offerings, in connection with any Linked Service. First American reserves the right not to provide Linked Services to any 

  
  

Page 10 

 
End User. Because price changes may affect Linked Services listed on the Ellie Mae Website, Ellie Mae shall not include price information in its Linked Service descriptions. 

 

	 6.
	    Intellectual Property Rights and License. 

	 	  6.1
	 Ellie Mae’s Rights. 

 Subject to the license granted to First American under Section 6.2, Ellie Mae reserves all of its right, title and interest in its intellectual property rights in the Interface and the Ellie Mae
Platform or any other intellectual property rights it has (e.g., patents, copyrights, trade secrets, service marks, trademarks and other intellectual property rights). Unless stated otherwise in a Statement of Work, First American shall assign any
and all intellectual rights it has to the Interface and the Ellie Mae Platform to Ellie Mae and will cooperate fully and execute promptly any and all documents which may be necessary to effectuate Ellie Mae’s rights. 

6.2     Ellie Mae’s Grant of License to First American. 

Ellie Mae hereby grants to First American, for the term of this Agreement, a non-exclusive, non-transferable license to:
(a) use the Interface and the Ellie Mae Platform to offer any Linked Services to End-Users and to use the Ellie Mae’s trade names, logos, trademarks and services marks (the “Ellie Mae Marks”) as is reasonably necessary to
establish and promote the Linked Services on the Ellie Mae Platform; provided, however, that any promotional materials or usages containing any of the Ellie Mae Marks will be subject to Ellie Mae’s prior written approval. First American shall
have no implied licenses nor shall an implied license be deemed to be granted. Ellie Mae hereby reserves any and all rights not expressly granted to First American herein. 

6.3     First American’s Rights 

Subject to the license granted to Ellie Mae under Section 6.4, First American reserves all of its right, title and
interest in its intellectual property rights in First American’s portion of the Interface and First American Network, the Linked Services or any other intellectual property rights it has (e.g., patents, copyrights, trade secrets, service marks,
trademarks and other intellectual property rights). Ellie Mae shall assign any and all intellectual rights it has to the First American developed portion of the Interface to First American and will cooperate fully and execute promptly any and all
documents which may be necessary to effectuate First American’s rights. 
 6.4    
First American’s Grant of License to Ellie Mae. 
 First American hereby grants to Ellie Mae, for the
term of this Agreement, a non-exclusive, non-transferable, royalty-free license to: (a) use the First American portion of the Interface to link the Ellie Mae Platform to the First American Network and (b) use the First American trade
names, logos, trademarks and service marks that are supplied by First American (the “First American Marks”) on the Ellie Mae Platform as is reasonably necessary to promote the Ellie Mae Platform and otherwise to perform its obligations
under this Agreement and subject to any policies promulgated by First American regarding the marketing, sale and support of the Linked Services; provided, however, that any promotional materials or usages containing any of the First American Marks
will be subject to trademark guidelines provided to Ellie Mae. Ellie Mae shall have no implied 

  
  

Page 11 

 
licenses nor shall an implied license be deemed to be granted. First American hereby reserves any and all rights not expressly granted to Ellie Mae herein. Ellie Mae shall not modify or alter
First American’s graphics or text links in any way without First American’s prior written consent. Graphics or text links include, but are not limited to, banners, buttons, logos and other images. 

6.5     First American’s Right to Grant Similar Licenses 

Ellie Mae acknowledges and agrees that First American, in its sole discretion, may market its Services and grant similar
licenses to its trademarks to any and all persons, businesses, entities and/or organizations. 
 6.6
    First American Marks 
 Ellie Mae shall not modify, alter or obfuscate First American
Marks or use First American Marks in a manner that disparages First American or its Linked Services, or portrays First American in a false, competitively adverse or poor light. Ellie Mae shall comply with any restrictions that First American may
establish, and which First American provides to Ellie Mae, as to the form of use of First American Marks and shall avoid any action that diminishes the value of such First American Marks. Ellie Mae’s unauthorized use of First American Marks is
strictly prohibited. In the event of a violation of this paragraph, First American, in its sole discretion, may terminate this Agreement, terminate the trademark license, or specify additional restrictions Ellie Mae shall comply with, and seek
monetary damages, injunctions and/or any other remedies available to it at law or in equity. 
 6.7
    Ellie Mae Marks 
 First American shall not modify, alter or obfuscate Ellie Mae
Marks or use Ellie Mae Marks in a manner that disparages Ellie Mae or its service or products, including, without limitation, the Ellie Mae Platform, or portrays Ellie Mae in a false, competitively adverse or poor light. First American shall comply
with any restrictions that Ellie Mae may establish as to the form of use of Ellie Mae Marks and shall avoid any action that diminishes the value of such Ellie Mae Marks. First American’s unauthorized use of Ellie Mae Marks is strictly
prohibited. In the event of a violation of this paragraph, Ellie Mae, in its sole discretion, may terminate this Agreement, terminate the trademark license, or specify additional restrictions First American shall comply with, and seek monetary
damages, injunctions and/or any other remedies available to it at law or in equity. 
  

	 7.
	 Confidentiality 

 Except as expressly set forth herein, the parties shall maintain in confidence the terms of this Agreement. It is expected that, pursuant to discussions to date and to this Agreement, each party may
disclose to the other party certain information, as defined herein, which is considered by the disclosing party to be proprietary or confidential information (the “Confidential Information”). Confidential Information is defined as any
information, communication or data, in any form, including, but not limited to, oral, written, graphic or electromagnetic forms, models or samples, which the disclosing party identifies as confidential or which is of such a nature that the receiving
party should reasonably understand that the disclosing party desires to protect such information, communication or 

  
  

Page 12 

 
data against unrestricted disclosure or use, including, without limitation, customer lists, service processes, site traffic and performance data, business information, financial data and
marketing data, the RES Linked Services and anything defined under the Gramm-Leach-Bliley Act of 1999 or any related statute or amendment thereof. All Confidential Information shall remain the sole property of the disclosing party and its
confidentiality shall be maintained and protected by the receiving party with the same degree of care as the receiving party uses for its own confidential and proprietary information, but in no event less than reasonable care. Each party shall not
use the Confidential Information of the other party except as necessary to fulfill its obligations under this Agreement, nor shall it disclose such Confidential Information to any third party without the prior written consent of the other party. The
restrictions on the use or disclosure of any Confidential Information shall not apply if the receiving party can show that the Confidential Information: (a) has become generally available to the public without breach of this Agreement by the
receiving party; (b) is rightfully in the receiving party’s possession prior to disclosure to it by the other party; (c) is independently developed by the receiving party without the use of the disclosing party’s Confidential
Information; (d) is rightfully received by the receiving party from a third party without a duty of confidentiality to the other party; or (e) is disclosed under operation of law, provided that, the receiving party provides the disclosing
party with sufficient notice to challenge such legal disclosures, and in any event, will disclose only that information required by law. 
  

	 8.
	 Disclaimers and Limitation of Liability 

	 8.1
	   Disclaimers 

 First American and Ellie Mae: (a) acknowledge that the operation of the First American Network and the Ellie Mae Platform will not be uninterrupted or error-free and may be subject to temporary
shutdowns due to causes beyond the operating party’s reasonable control; and (b) subject to the specific terms of this Agreement, shall retain sole right and control over the programming, content and conduct of transactions over their
respective networks, programs, software, website or services. EXCEPT AS EXPRESSLY PROVIDED IN THIS AGREEMENT, EACH PARTY SPECIFICALLY DISCLAIMS ANY REPRESENTATION OR WARRANTY REGARDING (A) ITS NETWORK OR PLATFORM OR ANY OF THE PRODUCTS OR
SERVICES IT PROVIDES, INCLUDING, WITHOUT LIMITATION, ANY IMPLIED WARRANTIES OF MERCHANTABILITY, ACCURACY, COMPLETENESS, FITNESS FOR A PARTICULAR PURPOSE OR LACK OF ERROR OR OMISSION; (B) THE AMOUNT OF TRANSACTION FEES THAT MAY BE GENERATED
DURING THE TERM; AND (C) ANY ECONOMIC OR OTHER BENEFIT THAT THE OTHER PARTY MIGHT OBTAIN THROUGH ITS PARTICIPATION IN THIS AGREEMENT. 
  

	 8.2
	   Limitation of Liability 

EXCEPT FOR BREACHES OF SECTION 7 (“CONFIDENTIALITY”) AND, WITH REFERENCE TO ELLIE MAE, EXCEPT IN THE EVENT OF
ELLIE MAE’S MISUSE OR UNAUTHORIZED USE OF THE RES LINKED SERVICES, NEITHER FIRST AMERICAN NOR ELLIE MAE SHALL BE LIABLE TO THE OTHER FOR ANY INDIRECT, SPECIAL, PUNITIVE OR CONSEQUENTIAL DAMAGES

  
  

Page 13 

 
(INCLUDING, WITHOUT LIMITATION, LOST PROFITS OR LOST DATA) ARISING OUT OF THIS AGREEMENT. WITH THE EXCEPTION OF SECTION 10 (“INDEMNIFICATION”) AND BREACHES OF SECTION 7
(“CONFIDENTIALITY”), EITHER PARTY’S ENTIRE LIABILITY ARISING FROM THIS AGREEMENT, WHETHER IN CONTRACT, TORT OR OTHERWISE, SHALL NOT EXCEED THE FEES PAID BY FIRST AMERICAN TO ELLIE MAE UNDER THIS AGREEMENT DURING THE TWELVE
(12) MONTHS PRECEDING THE CLAIM. THIS LIMIT IS CUMULATIVE AND ALL PAYMENTS UNDER THIS AGREEMENT FOR THE TWELVE (12) MONTH PERIOD PRECEDING THE CLAIM WILL BE AGGREGATED TO CALCULATE SATISFACTION OF THE LIMIT. THE EXISTENCE OF MULTIPLE
CLAIMS SHALL NOT ENLARGE THE LIMIT OF EITHER PARTY’S LIABILITY. 
  

	 9.
	 Term and Termination 

	 9.1
	 Term 

 The term (“Term”) of this Agreement shall begin on the Effective Date and will continue for a period of 24 months from the Effective Date unless earlier terminated, and shall automatically renew
for periods of one (1) year each (“Renewal Terms”), unless one party notifies the other party in writing at least sixty (60) days prior to the date that this Agreement is scheduled to expire that it does not wish to renew this
Agreement. Otherwise, this Agreement will renew in accordance with the terms of this Agreement; provided that, Ellie Mae may revise its Fees for the next Renewal Term by providing First American with at least ninety (90) day’s written
notice to accept or reject such revised fees. The Effective Date for this Agreement shall be the date set forth above at the beginning of this Agreement. 
  

	 9.2
	 Termination 

 9.2.1   Termination due to submission rejection 

First American may terminate this Agreement (by providing written notice) if it rejects Ellie Mae’s development,
testing and implementation efforts for the Ellie Mae Platform two (2) or more times pursuant to the terms set forth in subsection 1.3. 
 9.2.2   Termination due to Event of Bankruptcy 

This Agreement shall terminate automatically and immediately, without notice unless otherwise specified, upon the
occurrence of an Event of Bankruptcy with respect to the other party. 
 “Event of Bankruptcy” means
with respect to a party the filing of a petition for relief as to such party as debtor or bankrupt under the Bankruptcy Reform Act of 1978, as amended, or other similar provision of law of any jurisdiction which is not dismissed within 60 days of
filing; or insolvency of such party as finally determined by a court proceeding; or filing by such party of a petition or application to its assets; or commencement of any proceedings relating to such party as a debtor under any other
reorganization, arrangement, insolvency, adjustment of debt or liquidation law of any jurisdiction, if such party indicates its approval of the proceeding, consents thereto or acquiesces therein, or the proceeding is contested by such party and has
not been finally 

  
  

Page 14 

 
dismissed within 60 days. 
 9.2.3
  Termination by Notice 
 By providing thirty (30) days’ written notice, First American
or Ellie Mae may immediately terminate this Agreement if the other party materially breaches this Agreement and such other party fails to cure that breach within thirty (30) days’ after receiving written notice of the breach from the
non-breaching party. 
 9.2.4   Effect of Termination 

Upon termination of this Agreement and upon written request, Ellie Mae shall return to First American any of First
American’s intellectual or proprietary property and/or information obtained pursuant to this Agreement. Upon termination of this Agreement and upon written request, First American shall return to Ellie Mae any of Ellie Mae’s intellectual
or proprietary property and/or information obtained pursuant to this Agreement. All licenses granted shall immediately cease and any amounts due and owing shall be immediately paid. Notwithstanding the foregoing provision, Confidential Information
stored electronically in receiving party’s archives may be retained in accordance with receiving party’s archive policies and procedures, provided that all such Confidential Information so retained shall remain subject to the use and
disclosure restrictions of this Agreement until such Confidential Information is destroyed. 
 9.3
     Survival 
 Sections 2.5.1.3, 3.3, 3.5, 5.1 (for any accrued Fees owed), 5.4,
6.1, 6.3, 7, 8, 9, 10, and 11 (together with all other provisions that reasonably may be interpreted as surviving termination or expiration of this Agreement) shall survive the termination or expiration of this Agreement. 

10.      Indemnification 
 10.1    Ellie Mae’s Indemnification 

Ellie Mae shall defend First American against any third party claim, suit or action to the extent arising out of
(i) the infringement or misappropriation of the Ellie Mae Platform, Interface (other than the First American developed portion), or any other services provided by Ellie Mae of any third-party U.S. patent, copyright, trademark or trade secret,
or (ii) any negligent or intentional acts or omissions by Ellie Mae. Ellie Mae shall indemnify and hold First American harmless from and against any damages awarded thereunder and any liability assumed in settlement thereof to the extent that
such damages and liability arise out of such infringement and/or misappropriation; provided, however, that First American must (a) give Ellie Mae prompt written notice of the applicable claim, suit or action; (b) give Ellie Mae full
control over the defense and any settlement of such claim, suit or action; and (c) provide Ellie Mae with all information and assistance reasonably requested by Ellie Mae in connection with the defense and any settlement of such claim, suit or
action. Notwithstanding the foregoing, Ellie Mae shall have no liability hereunder in respect of any infringement or misappropriation caused by any modification of Ellie Mae’s products or services by anyone other than Ellie Mae or the
combination of such software with any third party product by anyone other than Ellie 

  
  

Page 15 

 
Mae. Ellie Mae agrees, should First American’s use of the Ellie Mae Platform or Interface be enjoined by any court, to promptly obtain, at no expense to First American, the right to use the
items so enjoined or, at no expense to First American, to promptly provide First American with substitute items that are functionally equivalent to the enjoined products. 
 10.2    First American’s Indemnification 

First American shall defend and indemnify Ellie Mae against any and all liabilities, claims, losses, costs and expenses,
including reasonable attorney’s fees which Ellie Mae may incur as a result of any claim or action brought or that may be brought by a third party, to the extent relating to, in connection with, or arising out of (a) the operation or
content of the First American developed portion of the Interface, or any services provided by First American to End-Users; (b) the violation of third-party intellectual property rights by any materials or software provided by First American;
(c) the violation of any federal, state or local laws or regulations; or (d) the misuse of the Ellie Mae Platform. First American shall pay any award or judgments against Ellie Mae and any costs and attorneys’ fees reasonably incurred
by Ellie Mae resulting from any such claim or action. First American shall be relieved of any indemnification obligations contained herein to the extent the claim, loss, cost and expense for which defense and indemnification is sought is the result,
in any part, of the acts or omissions of Ellie Mae or any third party acting on behalf of Ellie Mae. 
 11. General
Provisions 

	 11.1
	   Independent Contractors 

First American and Ellie Mae are entering this Agreement as independent contractors, each holding itself out to the
general public as independent with their own respective offices, own letterheads and business cards. This Agreement will not be construed to create a partnership, joint venture or employment relationship between them. Neither party shall represent
itself to be an employee or agent of the other or enter into any agreement on the other’s behalf or in the other’s name. All expenses and disbursements including, but not limited to, travel, maintenance, supplies, office equipment expenses
and administrative staff that may be incurred by either party in connection with this Agreement, shall be the sole responsibility of the party which has incurred the expense and borne wholly and completely by that party. 

 

	 11.2
	   Compliance 

 In its performance of this Agreement, each party shall comply with all applicable laws, regulations, orders and other requirements, now or hereafter in effect, of governmental authorities having
jurisdiction. Except as expressly provided herein, each party shall be responsible for all costs and expenses incurred by it in connection with the negotiation, execution and performance of this Agreement. 

 

	 11.3
	   Taxes 

 The parties expressly acknowledge and accept this Agreement on the basis that, as an independent contractor, as defined in Section 11.1: (a) each party is responsible for its

  
  

Page 16 

 
state and federal income tax and that those taxes will not be withheld by the other party; (b) each party must pay its applicable FICA (social security), FUTA (federal unemployment taxes);
and state unemployment taxes; and (c) each party must pay applicable taxes attributable to its earnings. First American is responsible for any sales or use tax that may be assessed in connection with use of the Linked Services, except for taxes
based on Company’s net income. 
  

	 11.4
	   Force Majeure 

 Neither First American nor Ellie Mae shall be liable for, nor shall be considered to be in breach of, or default under this Agreement on account of any delay or failure to perform as required by this
Agreement as a result of any causes or conditions that are beyond either party’s reasonable control and that either party is unable to overcome through the exercise of commercially reasonable diligence. If any force majeure event occurs, the
affected party shall give prompt written notice to the other party and shall use commercially reasonable efforts to minimize the impact of the event. 
  

	 11.5
	   Notices 

 Any request, notice or other communication by either party shall be given in writing and delivered personally by messenger, private mail courier service, or sent by registered or certified mail, return
receipt requested, postage prepaid, as follows: 
  

			
	   To First American:
	  	 First American Real Estate Solutions of Texas, LP

		  	 11902 Burnet Road

		  	 Austin, Texas

		  	 Phone: (512) 834-9595

		  	 Fax: (800) 447-4391

		  	 Attention: Mary Lippa

		
	   With a copy to:
	  	 First American Real Estate Information Services, Inc.

		  	 One First American Way

		  	 Santa Ana, CA 92707

		  	 Facsimile: (714) 250-3032

		  	 Attention: Kathleen M. Collins, Corporate Counsel

		
	   With a copy to:
	  	 First American Real Estate Solutions

		  	 4 First American Way

		  	 Santa Ana, California 92707

		  	 Attention: Office of General Counsel

		
	   To Ellie Mae:
	  	 Ellie Mae, Inc.

		  	 4140 Dublin Boulevard, Suite 300

		  	 Dublin, California 94568

		
	   With a copy to:
	  	 Legal Counsel

  
  

Page 17 

	 11.6
	   Assignment 

 Neither First American nor Ellie Mae may assign this Agreement, in whole or in part, without the other party’s prior written consent (which consent shall not be unreasonably withheld). Subject to the
foregoing, this Agreement shall be binding on and enforceable by the parties and their respective successors and permitted assigns. 
  

	 11.7
	   Waiver and Severability 

The failure of either party to enforce any provision of this Agreement shall not constitute a waiver of the party’s
rights to subsequently enforce the provision. If any provision of this Agreement shall be declared by any court of competent jurisdiction to be illegal, void or unenforceable, all other provisions of this Agreement shall not be affected and shall
remain in full force and effect. 
  

	 11.8
	   Integration, Modification, Interpretation 

This Agreement: (a) represents the entire agreement between the parties with respect to the subject matter hereof and
supersedes any previous or contemporaneous oral or written agreements regarding such subject matter; (b) may be amended or modified only by a written instrument signed by a duly authorized agent of each party; and (c) will be interpreted,
construed and enforced in all respects in accordance with the laws of the State of California without reference to its choice of law rules. 
  

	 11.9
	   Attorneys’ Fees 

 If any action at law or in equity, including any action for declaratory relief, is brought to enforce or interpret the provisions of this Agreement, the prevailing party shall be entitled to reasonable
attorneys’ fees, which may be set by the court in the same action or in a separate action brought for this purpose, in addition to any other relief to which such party may be entitled. 

 

	 11.10
	   Effectiveness 

 This Agreement shall not be effective until accepted by First American as evidenced by the signing on behalf of First American by an executive, and no additions or modifications to this Agreement shall be
effective until accepted in a similar manner. 
  

	 11.11
	   Solicitation of Employees 

Ellie Mae and First American agree that during the term of this Agreement and for a period of twelve (12) months
following the termination of this Agreement, neither party will, without the prior written permission of the other party, solicit any employee of the other party. For the purposes of this Section 11.11, “solicitation” does not include
either general advertising or engagement of a search consultant who obtains the resume of an employee of one party without the other party proposing that the search consultant contact such employee. 

  
  

Page 18 

 IN WITNESS WHEREOF, the parties hereto, have caused this Agreement to be
duly executed as of the Effective Date above. 
  

									
	 FIRST AMERICAN REAL ESTATE
 SOLUTIONS LLC
	 		 	 ELLIE MAE, INC.

				
	 By:
	 	 /s/ William
Sherakas                             
	 		 	 By: /s/ Edgar
Luce                                  

				
	 Name:
	 	 William
Sherakas                                  
	 		 	 Name: Edgar
Luce                                  

				
	 Title:
	 	 Senior Vice
President                            
	 		 	 Title:
CFO                                        
       

			
	 FIRST AMERICAN REAL ESTATE
 SOLUTIONS OF TEXAS, LP
	 		 	 FIRST AMERICAN TITLE
 INSURANCE COMPANY

				
	 By:
	 	 /s/ William
Sherakas                              
	 		 	 By: /s/ Curt A.
Caspersen                        

				
	 Name:
	 	 William
Sherakas                                   
	 		 	 Name: Curt A.
Caspersen                        

				
	 Title:
	 	 Senior Vice
President                             
	 		 	 Title:
SEVP-COO                                    

			
	 FIRST AMERICAN CORELOGIC, INC.
 dba First American Real Estate Solutions
	 		 	 EAPPRAISEIT, LLC

				
	 By:
	 	 /s/ Timothy
Kennelly                              
	 		 	 By: /s/ Anthony R. Merlo,
Jr                    

				
	 Name:
	 	 Timothy
Kennelly                                   
	 		 	 Name: Anthony R. Merlo,
Jr                    

				
	 Title:
	 	 Vice
President                                       
  
	 		 	 Title:
President                                       
  

  
  

Page 19

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