CONFIDENTIAL TREATMENT REQUESTED

EXHIBIT 10.16.3

 

Second Amendment (“AMENDMENT”) to

Portal and Advertising Services Agreement

 

This Second Amendment is entered into and effective as of December 5, 2016 (the
“Amendment Effective Date”), by and between AT&T Services, Inc., for and on
behalf of its operating Affiliates, and Synacor, Inc., and hereby amends the
Portal and Advertising Services Agreement, as amended (the “Agreement”) between
them which has an effective date of May 1, 2016, as set forth below. Capitalized
terms used, but not defined in this Amendment shall have the meanings ascribed
to them in the Agreement.

 

1.

A new Section 2.2(b)(vii) is added to the Agreement and shall read as follows:

 

 

(vii)

No later than [*] Synacor shall invoice AT&T for an amount equal to [*] and AT&T
shall pay such invoice within [*].  Synacor shall [*] procure additional Synacor
Content as specifically directed by AT&T for placement on the Portal (including
any Portal Applications). [*]

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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[*] = CERTAIN INFORMATION HAS BEEN OMITTED AND FILED SEPARATELY WITH THE
COMMISSION. CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH RESPECT TO THE
OMITTED PORTIONS.

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CONFIDENTIAL TREATMENT REQUESTED

 

 

[*] Synacor [*] efforts to procure and manage the Synacor Content described in
this clause (vii), and to that end, Synacor will provide quarterly reporting
from the Portal Team [*].

 

2.

In the sixth sentence of Section 7.2(a) of the Agreement [*] such that the
sentence now reads as follows:

 

[*]

 

 

 

 

 

 

 

 

 

 

3.

Section 8.1(d) of the Agreement is replaced in its entirety with the following:

 

(d)AT&T and Synacor will work to determine mutually acceptable economic payment
terms to Synacor associated with AT&T Content sourced from a Third Party before
it is made available on the Portal and Portal Applications since AT&T deal terms
may vary with each Third Party Content provider from whom such Content is
procured.  In addition, the Parties recognize that certain Synacor Content to be
made available on the Portal may be sourced from a Third Party on terms that
deviate from Synacor’s standard deal terms for Third Party Content [*].  In
those instances where deal terms for Synacor Content deviate from Synacor’s
standard terms [*] the Parties will work in good faith to determine mutually
acceptable economic payment terms associated with any such Synacor Content
before it is made available on the Portal. [*]

 

 

 

 

 

 

 

 

 

 

 

2

 

US2008 11524627 2

 

[*] = CERTAIN INFORMATION HAS BEEN OMITTED AND FILED SEPARATELY WITH THE
COMMISSION. CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH RESPECT TO THE
OMITTED PORTIONS.

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CONFIDENTIAL TREATMENT REQUESTED

 

[*]

 

4.

Exhibit 6 has been finalized by the Parties pursuant to Section 15.2(e) of the
Agreement, and the version of Exhibit 6 attached to this Amendment is hereby
incorporated into the Agreement.

 

5.

Exhibit 13 is replaced in its entirety with the new Exhibit 13 attached to this
Amendment.

 

6.

[*]

 

 

7.

Exhibit 23 (SISR) is replaced in its entirety with the new Exhibit 23 attached
to this Amendment.

 

8.

The Parties acknowledge that Exhibit 32 was not finalized by the Parties at the
time that the original Agreement was executed and agree that the Parties have
since finalized such Exhibit. Therefore, the version of Exhibit 32 attached to
this Amendment is hereby incorporated into the Agreement.

 

9.

Portal Design Engagement.  Synacor and AT&T have agreed that Synacor will retain
the services of the consulting firm, [*] for the purpose of providing certain
services in connection with the design, development and launch of the Growth
Portal and certain aspects of the Core Portal.  The Parties also have agreed
that Synacor will retain the services of [*] and may engage additional third
party firms with AT&T’s approval, to supplement certain aspects of the [*]
engagement. [*], and any such approved third party firm are hereinafter
collectively referred to as the “Design Firm.” Certain terms and conditions
relating to the Design Firm engagement are set forth in the Statement of Work
attached to this Amendment as Appendix 1.

 

10.

Except as set forth in this Amendment all other terms of the Agreement remain
unchanged.

 

11.

This Amendment may be executed in any number of counterparts, each of which
shall be deemed an original, with the same effect as if the signatures thereto
and hereto were upon the same instrument.  

 

[Signatures on following page]

 

3

 

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[*] = CERTAIN INFORMATION HAS BEEN OMITTED AND FILED SEPARATELY WITH THE
COMMISSION. CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH RESPECT TO THE
OMITTED PORTIONS.

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CONFIDENTIAL TREATMENT REQUESTED

IN WITNESS WHEREOF, the Parties have executed this Amendment by their duly
authorized officers or representatives as of the Amendment Effective Date.

 

 

SYNACOR, INC.

 

By: _____/s/Himesh Bhise____________________

 

Name: ___Himesh Bhise____________________

 

Title:  ____CEO___________________

 

Date: ____12-5-16____________________

 

 

 

AT&T SERVICES, INC.

(for and on behalf of its operating Affiliates)

 

 

By: ____/s/Benjamin Carroll______________________

 

Name: ___Benjamin Carroll_____________________

 

Title: ____Exec. Dir_____________________

 

Date: ____12/5/16_____________________

 

 

 

 

US2008 11524627 2

  

 

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CONFIDENTIAL TREATMENT REQUESTED

Appendix 1

 

Statement of Work

Growth Portal Design

 

This Statement of Work (“SOW”), effective July 11, 2016, is entered into as of
December 5, 2016 (the “SOW Effective Date”), by and between AT&T Services, Inc.,
for and on behalf of its operating Affiliates, and Synacor, Inc., pursuant to
the Portal and Advertising Services Agreement, as amended (the “Agreement”),
between them which has an effective date of May 1, 2016.  Capitalized terms
used, but not defined in this SOW shall have the meanings ascribed to them in
the Agreement.

 

1.

Portal Design Services. Subject to the terms set forth in this SOW, Synacor and
AT&T have agreed that Synacor will retain the services of the consulting firm
[*] for the purpose of providing certain services in connection with the design,
development and launch of the Growth Portal and certain aspects of the Core
Portal. The Parties also have agreed that Synacor will retain the services of
[*] and may engage additional third party firms with AT&T’s approval, to
supplement certain aspects of the [*] engagement. [*] and any such approved
third party firm are hereinafter collectively referred to as the “Design Firm.”
Synacor will enter into one or more agreements with the Design Firm for the
aforementioned purpose (collectively, the “Design Firm Agreement”). The Design
Firm shall be collectively retained solely on a consultant – “work for hire”
basis.

 

2.

Payment. [*]

 

3.

[*]

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

[*] = CERTAIN INFORMATION HAS BEEN OMITTED AND FILED SEPARATELY WITH THE
COMMISSION. CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH RESPECT TO THE
OMITTED PORTIONS.

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CONFIDENTIAL TREATMENT REQUESTED

 

 

[*]

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

4.

Definition of Commercialized. For the purposes herein, Designs and Ideas are
deemed to have been “Commercialized” by a Party if such Party or any of its
Affiliates or licensees incorporates any of the Designs and Ideas into a product
or service of such Party or its Affiliates or licensee and then offers to sell,
sells, or otherwise makes such product or service commercially available to
third parties.  

 

5.

[*]

 

 

 

 

 

 

 

 

 

 

 

 

 

 

[*] = CERTAIN INFORMATION HAS BEEN OMITTED AND FILED SEPARATELY WITH THE
COMMISSION. CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH RESPECT TO THE
OMITTED PORTIONS.

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CONFIDENTIAL TREATMENT REQUESTED

 

 

[*]

 

6.

[*]

 

 

a.

[*] Except as may be provided  pursuant to the preceding sentence, THE DESIGNS
AND IDEAS ARE PROVIDED BY SYNACOR TO AT&T “AS IS” WITHOUT WARRANTIES OF ANY
KIND, EXPRESS OR IMPLIED, INCLUDING THE IMPLIED WARRANTIES OF MERCHANTABILITY,
FITNESS FOR A PARTICULAR PURPOSE, TITLE AND NON-INFRINGEMENT.

 

 

b.

Without limiting Synacor’s indemnification obligations as set forth in the
Agreement, Synacor agrees to defend, indemnify and hold harmless AT&T and the
AT&T Indemnified Parties from and against, and to pay any liabilities, damages,
fines, penalties, assessments, interest and expenses, including reasonable
attorneys’ fees, arising from any Third Party Claim alleging that [*].

 

 

c.

THE FOREGOING INDEMNITY STATES SYNACOR’S ENTIRE LIABILITY FOR THE DESIGNS AND
IDEAS, INCLUDING THE IMPLEMENTATION THEREOF, AND EXCEPT AS SET FORTH IN
PARAGRAPH 6.b. ABOVE, SYNACOR SHALL NOT BE LIABLE TO AT&T WITH RESPECT TO
DESIGNS AND IDEAS, INCLUDING THE IMPLEMENTATION THEREOF, FOR ANY DIRECT OR
INDIRECT DAMAGES, INCLUDING WITHOUT LIMITATION, SPECIAL, INDIRECT, INCIDENTAL,
PUNATIVE OR CONSEQUENTIAL DAMAGES, INCLUDING, WITHOUT LIMITATION, DAMAGES
RESULTING FROM LOSS OF BUSINESS, PROFITS OR GOODWILL, WHETHER OR NOT ADVISED OR
AWARE OF THE POSSIBILITY OF SUCH DAMAGES.  

 

7.

Miscellaneous.

 

 

a.

If there is any inconsistency between the terms of the Agreement and the terms
of this SOW, this SOW shall prevail for purposes of this SOW only and except as
expressly amended, supplemented or modified by this SOW, the Agreement is
unmodified and shall remain in full force and effect.

 

 

b.

This SOW may be executed in counterparts, each of which shall be deemed an
original, with the same effect as if the signatures thereto and hereto were upon
the same instrument.  

[Signatures on following page]

 

2

 

 

[*] = CERTAIN INFORMATION HAS BEEN OMITTED AND FILED SEPARATELY WITH THE
COMMISSION. CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH RESPECT TO THE
OMITTED PORTIONS.

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CONFIDENTIAL TREATMENT REQUESTED

IN WITNESS WHEREOF, the Parties have executed this SOW by their duly authorized
officers or representatives as of the SOW Effective Date.

 

 

SYNACOR, INC.

 

By: ____/s/Himesh Bhise_____________________

 

Name: __Himesh Bhise_____________________

 

Title:  ___CEO____________________

 

Date: ____12-5-16____________________

 

 

 

AT&T SERVICES, INC.

(for and on behalf of its operating Affiliates)

 

 

By: ____/s/Benjamin Carroll______________________

 

Name: __Benjamin Carroll______________________

 

Title: ____Exec Dir_____________________

 

Date: ____12/5/16_____________________

 

 

[*] = CERTAIN INFORMATION HAS BEEN OMITTED AND FILED SEPARATELY WITH THE
COMMISSION. CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH RESPECT TO THE
OMITTED PORTIONS.

 

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CONFIDENTIAL TREATMENT REQUESTED

Exhibit 6 - Final

Exhibit 6

Cookies

This Exhibit 6 (Cookies), is an exhibit to the Portal and Advertising Services
Agreement, effective as of May 1, 2016 (the “Agreement”), between AT&T Services,
Inc. (“AT&T”) and Synacor, Inc. (“Synacor”).  All capitalized terms not
otherwise defined in this Exhibit 6 shall have the meanings ascribed to them in
the Agreement or the other exhibits thereto.

 

[*]

 

[*] = CERTAIN INFORMATION HAS BEEN OMITTED AND FILED SEPARATELY WITH THE
COMMISSION. CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH RESPECT TO THE
OMITTED PORTIONS.

 

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CONFIDENTIAL TREATMENT REQUESTED

Exhibit 13

Exhibit 13

 

Human Resources Requirements

This Exhibit 13 (Human Resources Requirements), is an exhibit to the Portal and
Advertising Services Agreement, effective as of May 1, 2016 (the “Agreement”),
between AT&T Services, Inc. (“AT&T”) and Synacor Inc. (“Synacor”).  All
capitalized terms not otherwise defined in this Exhibit 13 shall have the
meanings ascribed to them in the Agreement or the other exhibits thereto.

1.

[*]

2.

Key Synacor Personnel:

[*]

 

 

 

[*] = CERTAIN INFORMATION HAS BEEN OMITTED AND FILED SEPARATELY WITH THE
COMMISSION. CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH RESPECT TO THE
OMITTED PORTIONS.

 

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CONFIDENTIAL TREATMENT REQUESTED

Exhibit 23 - Final

Exhibit 23

 

SISR

 

This Exhibit 23 (SISR), is an exhibit to the Portal and Advertising Services
Agreement, effective as of May 1, 2016 (the “Agreement”), between AT&T Services,
Inc. (“AT&T”) and Synacor, Inc. (“Synacor”).  All capitalized terms not
otherwise defined in this Exhibit 23 shall have the meanings ascribed to them in
the Agreement or the other exhibits thereto.

 

AT&T Supplier Information Security Requirements [*]

 

[*]

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Proprietary and Confidential

This Exhibit and information contained therein is not for use or disclosure
outside of AT&T, its Affiliates, and third party representatives, and Supplier
except under written agreement by the contracting parties.

 

 

[*] = CERTAIN INFORMATION HAS BEEN OMITTED AND FILED SEPARATELY WITH THE
COMMISSION. CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH RESPECT TO THE
OMITTED PORTIONS.

 

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CONFIDENTIAL TREATMENT REQUESTED

 

Exhibit 32

Exhibit 32

[*]

This Exhibit 32 [*] is an exhibit to the Portal and Advertising Services
Agreement, effective as of May 1, 2016 (the “Agreement”), between AT&T Services,
Inc. (“AT&T”) and Synacor, Inc. (“Synacor”).  

 

[*]

 

 

[*] = CERTAIN INFORMATION HAS BEEN OMITTED AND FILED SEPARATELY WITH THE
COMMISSION. CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH RESPECT TO THE
OMITTED PORTIONS.