0000944480-19-000021 Sample Contracts

INDEMNIFICATION AGREEMENT
Indemnification Agreement • March 28th, 2019 • Gse Systems Inc • Services-prepackaged software • Delaware

This Indemnification Agreement (“Agreement”), dated as of [DATE], is by and between GSE Systems, Inc., a Delaware corporation (the “Company”) and [NAME] (the “Indemnitee”).

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SECOND AMENDMENT AND REAFFIRMATION AGREEMENT
Second Amendment and Reaffirmation Agreement • March 28th, 2019 • Gse Systems Inc • Services-prepackaged software • Delaware

THIS SECOND AMENDMENT AND REAFFIRMATION AGREEMENT is dated as of May 25, 2018 (this “Agreement”), by and among GSE SYSTEMS, INC., a Delaware corporation (“Parent”), GSE PERFORMANCE SOLUTIONS, INC., a Delaware corporation (“GSE Performance” and collectively with Parent, the “Borrowers” and each a “Borrower”), GSE TRUE NORTH CONSULTING, LLC, a Delaware limited liability company (“True North”), HYPERSPRING, LLC, a Delaware limited liability company (“Hyperspring”), ABSOLUTE CONSULTING, INC., a Delaware corporation (“Absolute” and together with True North and Hyperspring collectively, the “Guarantors” and each a “Guarantor” and together with the Borrowers collectively, the “Loan Parties” and each a “Loan Party”), and CITIZENS BANK, NATIONAL ASSOCIATION (the “Bank”). Capitalized terms used herein but not otherwise defined herein shall have the meanings ascribed to such terms in the Credit Agreement (as defined below) or the Guaranty (as defined below), as applicable.

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