Contract #1-19868214-11

Amendment #11
to the Yahoo! Publisher Network Contract #1-19868214
Effective Date: April 24, 2009, as amended (the “Original Agreement”)

THIS AMENDMENT #11 to the Original Agreement (“Amendment #11”) is effective as
of January 15, 2016 (“Amendment #11 Effective Date”) by and between Inuvo, Inc.
(“Publisher”), on the one hand, and Yahoo! Inc., Yahoo! Singapore Digital
Marketing Pte. Ltd. and Yahoo! EMEA Limited, on the other hand. All capitalized
terms not defined herein shall have the meanings assigned to them in the
Original Agreement.

In consideration of mutual covenants and conditions, the receipt and sufficiency
of which are hereby acknowledged, Publisher and Yahoo hereby agree as follows:

1.Section 2 of Amendment #8 to the Original Agreement is hereby deleted, and the
End Date on the first page of the Service Order to the Original Agreement is
hereby deleted and replaced with “July 24, 2016”.

2.The Affiliate Agreement (as defined in Amendment #8 to the Original Agreement)
expired as of April 24, 2015. For the avoidance of doubt, and for purposes of
clarity, notwithstanding the expiration of the Affiliate Agreement, the parties
agree that the automatic termination provision set forth in Section 2(b) of
Amendment #8 to the Original Agreement was not triggered by the expiration of
the Affiliate Agreement, and the Original Agreement was and remains in full
force and effect from the Start Date through and including the date hereof.

3.Except as expressly set forth herein, the Original Agreement will remain in
full force and effect in accordance with its terms.

4.In the event of a conflict between any of the terms and conditions of the
Original Agreement and the terms and conditions of this Amendment #11, the terms
and conditions of this Amendment #11 shall govern.

5.This Amendment #11 may be executed in one or more counterparts, each of which
when executed shall be deemed to be an original but all of which taken together
shall constitute one and the same instrument.

[Signatures on next page]

IN WITNESS WHEREOF, the parties have caused their duly authorized
representatives to enter into this Amendment #11 effective as of the Amendment
#11 Effective Date.

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Contract #1-19868214-11

INUVO, INC.
YAHOO! INC.
 
 
By: /s/ Don W. Barrett, III
By: /s/ Ian Weingarten
 
 
Name: Don W. Barrett, III
Name: Ian Weingarten
 
 
Title: COO
Title: SVP, Corporate Development & Partnerships
 
 
Date: 1/18/16
Date: January 22nd, 2016
 
 
 
YAHOO! EMEA LIMITED
 
 
 
By: _________________________________
 
 
 
Name: _______________________________
 
 
 
Title: ________________________________
 
 
 
Date: _________________________________
 

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