EXECUTION COPY
INDEMNIFICATION AND INSURANCE MATTERS AGREEMENT
BETWEEN
ADAPTEC, INC.
AND
ROXIO, INC.
MAY 5, 2001
TABLE OF CONTENTS
ARTICLE I. MUTUAL RELEASES; INDEMNIFICATION
SECTION 1.1. RELEASE OF PRE-CLOSING CLAIMS.
SECTION 1.2. INDEMNIFICATION BY ROXIO
SECTION 1.3. INDEMNIFICATION BY ADAPTEC
SECTION 1.4. INDEMNIFICATION WITH RESPECT TO ENVIRONMENTAL ACTIONS AND CONDITIONS
SECTION 1.5. PROCEDURES FOR DEFENSE, SETTLEMENT AND INDEMNIFICATION OF THIRD PARTY CLAIMS
SECTION 1.6. ADDITIONAL MATTERS
SECTION 1.7. SURVIVAL OF INDEMNITIES
SECTION 1.8. OTHER AGREEMENTS EVIDENCING INDEMNIFICATION OBLIGATIONS
SECTION 2.1. ROXIO INSURANCE COVERAGE AFTER THE SEPARATION DATE
SECTION 2.2. COOPERATION AND AGREEMENT NOT TO RELEASE CARRIERS
SECTION 2.3. PROCEDURES WITH RESPECT TO INSURED ROXIO LIABILITIES
SECTION 2.5. NO ASSIGNMENT OR WAIVER
SECTION 2.7. FURTHER AGREEMENTS
SECTION 2.8. MATTERS GOVERNED BY EMPLOYEE MATTERS AGREEMENT
ARTICLE III. DISPUTE RESOLUTION
SECTION 3.3. CONTINUITY OF SERVICE AND PERFORMANCE
SECTION 4.5. BINDING EFFECT; ASSIGNMENT
SECTION 4.8. AMENDMENT AND EXECUTION
SECTION 4.10. DESCRIPTIVE HEADINGS
SECTION 4.11. GENDER AND NUMBER
SECTION 4.12. ADDITIONAL ASSURANCES
SECTION 5.2. ADAPTEC FACILITIES
SECTION 5.4. ADAPTEC INDEMNITEES
SECTION 5.7. ASSIGNMENT AGREEMENT
SECTION 5.8. EMPLOYEE MATTERS AGREEMENT
SECTION 5.9. ENVIRONMENTAL ACTIONS
SECTION 5.10. ENVIRONMENTAL CONDITIONS
SECTION 5.11. ENVIRONMENTAL LAWS
SECTION 5.12. FORM 10 LIABILITIES
SECTION 5.13. FORM 10 REGISTRATION STATEMENT
SECTION 5.14. HAZARDOUS MATERIALS
SECTION 5.15. INDEMNIFYING PARTY
SECTION 5.17. INSURANCE POLICIES
SECTION 5.18. INSURED ROXIO LIABILITY
SECTION 5.21. PRE-SEPARATION THIRD PARTY SITE LIABILITIES
SECTION 5.25. ROXIO FACILITIES
SECTION 5.27. ROXIO INDEMNITEES
SECTION 5.28. ROXIO LIABILITIES
SECTION 5.30. SEPARATION AGREEMENT
SECTION 5.33. TAX SHARING AGREEMENT
SECTION 5.35. THIRD PARTY CLAIM
INDEMNIFICATION AND INSURANCE MATTERS AGREEMENT
This Indemnification and Insurance Matters Agreement (this "AGREEMENT") is entered into on May 5, 2001 between Adaptec, Inc., a Delaware corporation ("ADAPTEC"), and Roxio, Inc., a Delaware corporation ("ROXIO"). Capitalized terms used herein and not otherwise defined herein shall have the meanings ascribed to such terms in ARTICLE V below. Adaptec and Roxio are sometimes referred to herein individually as a "party" or collectively as the "parties."
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