AMENDMENT NO. 12 TO THE SYNC GENERATION 2 ON-BOARD NAVIGATION AGREEMENT BETWEEN FORD MOTOR COMPANY AND TELENAV, INC.

EX-10.26.12 8 tnavex1026126301310k.htm AMENDMENT NO. 12 TO THE SYNC GENERATION 2 ON-BOARD NAVIGATION AGREEMENT TNAV EX 10.26.12+ 6.30.13 10K

Exhibit 10.26.12+

AMENDMENT NO. 12
TO THE
SYNC GENERATION 2 ON-BOARD NAVIGATION AGREEMENT
BETWEEN
FORD MOTOR COMPANY AND TELENAV, INC.

THIS AMENDMENT NO. 12 (“Amendment”), effective as of February 28, 2013 (“Amendment Effective Date”) supplements and amends the terms of the SYNC Generation 2 On-Board Navigation Agreement, dated October 12, 2009 (“Agreement”), by and between Ford Motor Company (“Buyer” or “Ford”), a Delaware corporation with its principal office at One American Road, Dearborn, Michigan 48126, on behalf of itself and the Ford Related Companies, and TeleNav, Inc. (“Supplier” or “TeleNav”), a Delaware corporation with its principal office at 950 De Guigne Drive, Sunnyvale, CA 94085, on behalf of itself and the TeleNav Related Companies. Capitalized terms not otherwise defined shall have the meanings ascribed to them in the Agreement.
WHEREAS, the parties wish to amend the Agreement.
NOW, THEREFORE, in consideration of the mutual promises and covenants contained in this Amendment, the parties agree as follows:

1.
In Exhibit AA of the Agreement (as added by Amendment No. 6), [*****]. TeleNav will [*****] Ford [*****] for [*****].
2.
Agreement, Attachment V: Pricing and Royalty, after Section 10, add the following new section:
“11. Ford acknowledges that [*****],[*****] in Exhibit EE, attached hereto and incorporated herein, [*****].”

3.
After Exhibit DD of the Agreement, add Exhibit EE, attached hereto and incorporated by reference herein.
4.
Ford acknowledges that [*****] are hereby fully accepted.
Except as modified and amended by this Amendment, the terms of the Agreement are ratified and confirmed by the parties hereto. This Amendment is incorporated into and made a part of the Agreement by the parties.
IN WITNESS WHEREOF, the parties have executed this Amendment by their authorized representatives as of the Amendment Effective Date.

FORD MOTOR COMPANY
By: /s/ Melissa Sheahan
(Signature)
Name: Melissa Sheahan
(Printed Name)
Title: SYNC Software Buyer

Date:  3/5/13  
TELENAV, INC.
By: /s/ Michael Strambi
(Signature)
Name: Michael Strambi
(Printed Name)
Title: CFO

Date:  3/6/13



[*****] Certain portions denoted with an asterisk have been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions.

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EXHIBIT EE
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[*****] Certain portions denoted with an asterisk have been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions.

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[*****] Certain portions denoted with an asterisk have been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions.

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