EXHIBIT 10.29

Amendment #2 to the

Master Share Purchase Agreement

This Amendment #2 to the Master Share Purchase Agreement (this “Amendment”) is
entered into as of January 23, 2014 (the “Effective Date”), among Endurance
Singapore Holdings Pte. Ltd., a private limited company incorporated and
existing under the laws of Singapore (“EIG Singapore”), Endurance Singapore
Holdings 2 Pte. Ltd., a private limited company incorporated and existing under
the laws of Singapore (“Singapore SPV”), MyInternet Media Limited, a company
organized and existing under the laws of Ireland (“EIG TBD”), Endurance Web
Solutions Private Limited, a company organized and existing under the laws of
the Republic of India (“EIG India”), The Endurance International Group, Inc., a
Delaware corporation (“EIG U.S.” and together with EIG Singapore, Singapore SPV,
EIG TBD and EIG India, the “Buyers”), Directi Web Technology Pvt. Ltd., a
company organized and existing under the laws of the Republic of India
(“DWTPL”), P.D.R. Solutions FZC, a limited liability company organized in the
Ras Al Khaimah Free Zone of the United Arab Emirates (“P.D.R.”) (each of DWTPL
and P.D.R. is referred to herein as a “Company” and together as the
“Companies”), Directi Web Technologies Holdings, a company organized and
existing under the laws of the Republic of Mauritius (the “Seller”), Confluence
Networks Inc., a corporation organized and existing under the laws of the
British Virgin Islands (the “Other Assets Seller” and together with the Seller,
the “Sellers”), EIG Investors Corp., a Delaware corporation (“EIG Corp”),
Endurance International Group Holdings, Inc., a Delaware corporation (“EIG
Holdings”), Directi Web Technologies FZC, a limited liability company organized
in the Ras Al Khaimah Free Zone of the United Arab Emirates (“Directi Parent”),
Bhavin Turakhia and Divyank Turakhia in their capacity as Guarantors (together
the “Guarantors”), Bhavin Turakhia in his capacity as the Representative of the
Seller (the “Representative”), Brijesh Harish Joshi (for the limited purpose set
forth herein) and Webiq Domains Solutions Pvt Ltd (for the limited purpose set
forth herein) (“WebIQ”). The Buyers, EIG Holdings, EIG Corp, DWTPL, P.D.R., the
Sellers, the Guarantors and the Representative are sometimes referred to herein
individually as a “Party” and collectively as the “Parties”.

WHEREAS, EIG Singapore, EIG Holdings, EIG Corp, DWTPL, P.D.R., the Sellers,
Directi Parent, the Guarantors and the Representative entered into that certain
Master Share Purchase Agreement, dated August 11, 2013 (as amended by Amendment
No. 1, dated December 23, 2013, the “Agreement”);

WHEREAS, Singapore SPV and EIG TBD became parties to the Agreement by entering
into that certain Joinder to the Master Share Purchase Agreement, dated as of
October 25, 2013, by and among the Parties;

WHEREAS, the Parties may mutually amend any provision of the Agreement at any
time prior to the Closing pursuant to Section 11.9 of the Agreement; and

WHEREAS, the Parties wish to amend the Agreement as set forth below.

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NOW, THEREFORE, for good and valuable consideration, the sufficiency of which is
hereby acknowledged, the Parties hereby agree as follows:

1. Definitions.

Capitalized terms that are used but not otherwise defined in this Amendment
shall have the meanings given to them in the Agreement

2. Joinder.

(a) Endurance Web Solutions Private Limited hereby acknowledges, agrees and
confirms that, by its execution of this Amendment, it shall (i) join and become
a party to the Agreement as “EIG India”, an “Other Assets Buyer”, a “Buyer” and
a “Party” thereunder, (ii) be bound by all terms, conditions, covenants,
agreements, representations, warranties and acknowledgments in the Agreement
applicable and attributable to EIG India, the Other Assets Buyers, the Buyers
and the Parties and (iii) shall perform the obligations and duties of EIG India
thereunder as if it was a signatory to the Agreement on the original date
thereof.

(c) The Endurance International Group, Inc. hereby acknowledges, agrees and
confirms that, by its execution of this Amendment, it shall (i) join and become
a party to the Agreement as “EIG U.S.”, an “Other Assets Buyer”, a “Buyer” and a
“Party” thereunder, (ii) be bound by all terms, conditions, covenants,
agreements, representations, warranties and acknowledgments in the Agreement
applicable and attributable to EIG U.S., the Other Assets Buyers, the Buyers and
the Parties and (iii) shall perform the obligations and duties of EIG U.S.
thereunder as if it was a signatory to the Agreement on the original date
thereof.

(d) Brijesh Harish Joshi hereby acknowledges, agrees and confirms that, by his
execution of this Amendment, he shall (i) join and become a party to the
Agreement solely for purposes of Section 1.11 as the initial “Nominee
Shareholder”, (ii) be bound by all terms, conditions, covenants, agreements,
representations, warranties and acknowledgments in Section 1.11 applicable and
attributable to the Nominee Shareholder and (iii) shall perform the obligations
and duties of Nominee Shareholder under Section 1.11 as if he were a signatory
to the Agreement on the original date thereof.

(e) Webiq Domains Solutions Pvt Ltd hereby acknowledges, agrees and confirms
that, by its execution of this Amendment, it shall (i) join and become a party
to the Agreement solely for purposes of Section 5.19(a) as “WebIQ”, (ii) be
bound by all terms, conditions, covenants, agreements, representations,
warranties and acknowledgments in Section 5.19(a) applicable and attributable to
WebIQ and (iii) shall perform the obligations and duties of WebIQ under
Section 5.19(a) as if it was a signatory to the Agreement on the original date
thereof.

(f) The preamble of the Agreement is hereby amended to add EIG India and EIG
U.S. to the definition of the “Buyers” and the “Parties”.

 

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3. Modification of Buyers and Sellers.

(a) Sections 1.1(a) through (e) of the Agreement are hereby deleted in their
entirety and replaced with the following new Sections 1.1(a) through (f):

“(a) Singapore SPV shall purchase from the Seller, and the Seller shall sell,
convey, assign, transfer, and deliver all of the DWTPL Shares other than the
Nominee Share to Singapore SPV free and clear of all Security Interests;

(b) EIG TBD shall purchase from Brijesh Harish Joshi, and Seller shall cause
Brijesh Harish Joshi to sell, convey, assign, transfer, and deliver one
(1) share of the capital of P.D.R. to EIG TBD, free and clear of all Security
Interests;

(c) EIG Singapore shall purchase from the Seller, and the Seller shall sell,
convey, assign, transfer, and deliver all of the P.D.R. Shares other than the
one (1) share sold to EIG TBD pursuant to the immediately preceding clause
(c) to EIG Singapore, free and clear of all Security Interests;

(d) EIG India shall purchase from Mahendra Turakhia, and Seller shall cause
Mahendra Turakhia to sell, convey, assign, transfer, and deliver one
(1) outstanding share of the share capital of Directi Services Private Limited,
a company organized and existing under the laws of the Republic of India (the
“DSPL Share”), to EIG India, free and clear of all Security Interests; and

(e) EIG India shall purchase from the Other Assets Seller, and the Other Assets
Seller shall sell, convey, assign, transfer and deliver the India Other Assets
owned by the Other Assets Seller to EIG India, free and clear of all Security
Interests and liabilities.”

(f) EIG U.S. shall purchase from the Other Assets Seller, and the Other Assets
Seller shall sell, convey, assign, transfer and deliver the Non-India Other
Assets owned by the Other Assets Seller to EIG U.S., free and clear of all
Security Interests and liabilities.”

(b) Section 2.4(a) of the Agreement is hereby amended by deleting the phrase
“all of which are set forth on Section 3.2(a) of the Disclosure Schedule” from
the first sentence and replacing it with the phrase “all of which are set forth
on Section 3.2 of the Disclosure Schedule (other than the DSPL Share)”.

(c) Section 2.4(b) of the Agreement is hereby amended by deleting the reference
to “Singapore SPV” from the second sentence and replacing it with a reference to
“the Other Assets Buyers”.

(d) Section 3.10(b) of the Agreement is hereby amended by inserting the phrase
“(other than the IP Address Blocks)” immediately after the reference to “all
Other Assets” in clause (i).

 

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(e) Section 6.1(a) of the Agreement is hereby amended by deleting clause (i) in
its entirety and replacing it with the following new clause (i):

“(i) Certificates representing all of the Company Shares (other than the Nominee
Share), duly endorsed in blank or accompanied by appropriate instruments of
transfer duly executed in blank together with a power of attorney from the
Seller, Brijesh Harish Joshi and Mahendra Turakhia permitting the Buyers to
complete and execute the Certificates or the instruments of transfer, or such
other instruments executed by Seller, Brijesh Harish Joshi and Mahendra Turakhia
as may be required by applicable Law, in each case which will permit the Buyers,
as of immediately after the Closing to register the Company Shares (other than
the Nominee Share) in the name of the Buyers,”

(f) Article IX is hereby amended by deleting the definitions of the terms
“Company Shares” and “Other Assets” in their entirety and replacing them with
the following new definitions:

“Company Shares” shall mean the DWTPL Shares, the P.D.R. Shares and the DSPL
Share.

“Other Assets” shall mean the equipment and other assets that are owned by
either Company or any Subsidiary or the Other Assets Seller at the Closing that
are properly classified in the categories of equipment and other assets set
forth on Section 10.1(b) of the Disclosure Schedule and the IP Address Blocks.

(g) Article IX is hereby amended by adding the following new defined term in
appropriate alphabetical order:

“DSPL Share” shall have the meaning set forth in Section 1.1(d).

“EIG India” shall mean Endurance Web Solutions Private Limited.

“EIG U.S.” shall mean The Endurance International Group, Inc.

“India Other Assets” shall mean the Other Assets located in India, excluding any
IP Address Blocks.

“IP Address Blocks” shall mean the Internet Protocol address blocks and subnets
that are used by the Business and owned by the Other Assets Seller, as set forth
on Schedule I.

“Non-India Other Assets” shall mean the Other Assets located in any jurisdiction
outside of India, excluding the IP Address Blocks.

“Other Assets Buyers” shall mean EIG India and EIG U.S.

(h) The Schedules to the Agreement are hereby amended by deleting Schedule I in
its entirety and replacing it with a new Schedule I in the form of Exhibit A to
this Amendment.

 

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4. Post-Closing Transfers.

(a) Article I is hereby amended by adding the following new Section 1.11:

“1.11 Post-Closing Transfers.

(a) As promptly as practicable following the Closing Date (and in any event, not
more than 180 days following the Closing Date), Seller shall cause Brijesh
Harish Joshi or any permitted transferee of the Nominee Share (Brijesh Harish
Joshi or such permitted transferee, the “Nominee Shareholder”) to convey,
assign, transfer, and deliver for no additional consideration one (1) DWTPL
Share (the “Nominee Share”) to EIG India, free and clear of all Security
Interests (the “Nominee Share Transfer”). From the Closing until the
consummation of the Nominee Share Transfer, the Nominee Shareholder shall, and
Seller shall cause the Nominee Shareholder to, (i) hold the Nominee Share for
the exclusive benefit of EIG India, (ii) not sell, convey, assign or transfer
any interest in the Nominee Share to any other person or cause or allow the
Nominee Share to become subject to any Security Interest without the Buyers’
prior written consent (in their sole discretion), (iii) vote the Nominee Share
as instructed by the Buyers, (iv) waive any economic rights associated with the
Nominee Share and (v) if requested by the Buyers, cause any transferee of the
Nominee Share to agree in writing with EIG India to be bound by the requirements
of this Section 1.11.

(b) As promptly as practicable following the Closing Date, the Other Assets
Seller shall convey, assign, transfer and deliver for no additional
consideration the IP Address Blocks owned by the Other Assets Seller to EIG
U.S., free and clear of all Security Interests and liabilities and execute and
deliver any and all assignments, or other instruments of conveyance to transfer
all right, title and interest in the IP Address Blocks to EIG U.S. (the “IP
Address Block Transfer”). Without limiting any other obligation of the Sellers
set forth in this Agreement, the Sellers shall use their Reasonable Best Efforts
to obtain as promptly as practicable following the Closing Date, at their
expense, any waivers, consents or approvals from ARIN, any Governmental Entities
and other third parties, and to effect all registrations, filings and notices
with or to ARIN, any Governmental Entities and other third parties, in each case
that are required to consummate the IP Address Block Transfer, including
collaborating in good faith with ARIN and EIG U.S. to obtain ARIN approval for
the transfer of the IP Address Blocks to EIG U.S. and taking any and all actions
as reasonably requested by EIG U.S. or as requested by ARIN to facilitate such
transfer or approval. Effective as of the Closing and for any relevant period
thereafter, the Other Assets Seller (i) shall not sell, convey, assign or
transfer any interest in the IP Address Blocks to any other person or cause or
allow the IP Address Blocks to become subject to any Security Interest without
the prior written consent of the Buyers (in their sole discretion) and
(ii) hereby grants to the Other Assets Buyer a perpetual, transferrable,
irrevocable, worldwide, exclusive, fully paid-up, royalty-free right and license
to use and sublicense the IP Address Blocks and any other rights of ownership in
the IP Address Blocks, to the fullest extent permissible under ARIN requirements
and standards and applicable Law. It is understood and

 

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agreed that any Damages arising from a failure to complete the IP Address Block
Transfer as of the Closing or any prohibition, recision or restriction of the IP
Address Block Transfer by ARIN or a Governmental Entity shall be indemnified
pursuant to Section 7.1(b) (without regard to the level of efforts used in
attempting to complete the IP Address Block Transfer).

(c) To the extent any representation or warranty of the Seller, the Other Assets
Seller or the Companies set forth in Article II or Article III references:

(i) the “DWTPL Shares” or the “Company Shares”, (A) such representation and
warranty as it applies to the Nominee Share shall also be made as of the date of
the Nominee Share Transfer, including for purposes of Section 7.1 and (B) any
references to “the Closing” or “the Closing Date” in such representation or
warranty shall be deemed to reference “the Closing and the Nominee Share
Transfer” or “the Closing Date and the date of the Nominee Share Transfer”, as
applicable, when applied to the Nominee Share; or

(ii) the “Other Assets”, (A) such representation and warranty as it applies to
the IP Address Blocks shall also be made as of the date of the IP Address Block
Transfer, including for purposes of Section 7.1 and (B) any references to “the
Closing” or “the Closing Date” in such representation or warranty shall be
deemed to reference “the Closing and IP Address Block Transfer” or “the Closing
Date and the date of the IP Address Block Transfer”, as applicable, when applied
to the IP Address Blocks.”

(b) Section 6.1(a) is hereby amended by deleting clause (ii) in its entirety and
replacing it with the following new clause (ii):

(ii) bills of sale and such other instruments of conveyance (such as assigned
certificates or documents of title) as the Buyers may reasonably request in
order to effect the sale, conveyance, assignment and transfer (A) to EIG India
of valid ownership of the India Other Assets owned by the Other Assets Seller
and (B) to EIG U.S. of valid ownership of the Non-India Other Assets owned by
the Other Assets Seller, in each case free and clear of all Security Interests
and liabilities and”

5. Purchase Price Adjustments.

(a) Section 1.5(a) is hereby amended by deleting the first two sentences in
their entirety and replacing them with the following sentence:

“Not later than three (3) business days prior to the Closing Date, the Seller
shall prepare and deliver to the Buyers a statement setting forth the Seller’s
good faith estimate of (i) the Estimated Closing Cash Payment and (ii) if the
IPO Closing or a Change of

 

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Control of EIG Holdings occurs prior to the Closing and the Seller has not made
an election to receive the Closing Promissory Note in lieu of the Additional
Closing Payment, the Additional Closing Payment (the “Estimated Additional
Closing Payment”), in each case, setting forth each component thereof together
with all material relevant backup materials, in detail reasonably acceptable to
the Buyers (collectively the “Estimated Closing Consideration Statement”), and a
certificate of the Chief Executive Officer and Chief Financial Officer of the
Seller that the Estimated Closing Consideration Statement was prepared
reasonably and in good faith in accordance with Applicable Accounting Principles
applied consistently with the past practices of the Business (to the extent such
past practices are consistent with Applicable Accounting Principles).”

(b) Section 1.5(b) is hereby amended by deleting the phrase “ninety
(90) calendar days after the Closing Date” in the first sentence and replacing
it with the phrase “sixty (60) calendar days after the Closing Date (or, if
later, five (5) calendar days after the determination of the Working Capital
Target)”.

(c) Section 1.5(g)(i)(A) is hereby amended by deleting the provision in its
entirety and replacing it with the following new Section 1.5(g)(i)(A):

“(A) if the amount of the Closing Cash Payment exceeds the Estimated Closing
Cash Payment, then, within five (5) Business Days, the Buyers will pay to the
Seller an amount in cash equal to 50% of such excess and deliver to Seller a
number of shares of EIG Holdings Common Stock equal to 50% of such excess
divided by the IPO Price, subject to the terms of Section 1.7(b); or”

(d) Section 1.5(g) is hereby amended by inserting the following sentence at the
end of such Section:

“Notwithstanding anything to the contrary in this Section 1.5(g), no payment,
adjustment or offset shall be made under this Section 1.5(g) until the Buyers
and the Representative have agreed in writing to the amount of the Working
Capital Target.”

(e) Section 1.6(c) is hereby amended by deleting the provision in its entirety
and replacing it with the following new Section 1.6(c):

(c) Subject to the restrictions and limitations set forth in Article VII and in
the Escrow Agreement, at the close of business on the Representation and
Warranty Expiration Date, any then-remaining Available Escrow Fund shall be
released to the Seller; provided that in the event that the Nominee Share
Transfer has not been completed by the Representation and Warranty Expiration
Date, the release of funds shall be reduced by the lesser of (i) the full amount
of such funds to be released or (ii) the Holdback Amount. Thereafter, if at any
time there is any then-remaining Available Escrow Fund, such amount shall be
promptly released to the Seller as soon as it becomes available in accordance
with Article VII and in the Escrow Agreement; provided that in the event that
the Nominee Share Transfer has not been completed by the date of such release,
funds shall only be released to the extent the Available Escrow Fund exceeds the

 

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Holdback Amount. If any portion of the Available Escrow Fund is withheld pending
the completion of the Nominee Share Transfer, such amount shall be released to
the Seller promptly upon the completion of the Nominee Share Transfer in
accordance with this Agreement.”

(f) Section 1.7(b) is hereby amended by deleting the provision in its entirety
and replacing it with the following new Section 1.7(b):

“(b) If an IPO Closing occurs prior to the Closing, the Seller may make an
election to have (x) a portion of the Estimated Closing Cash Payment of up to
50% of the Closing Revenues set forth in the Estimated Closing Consideration
Statement and (y) up to 50% of the Additional Closing Payment (if the Seller
elects to receive the Additional Closing Payment in lieu of the Closing
Promissory Note) satisfied by the delivery of shares of EIG Holdings Common
Stock which shall be valued for this purpose at the IPO Price (a “Share
Settlement”). At least ten (10) NASDAQ trading days prior to the anticipated IPO
Date Buyers shall deliver (which delivery may be effected by electronic mail) to
the Representative written notice identifying the anticipated IPO Date and
requesting that the Representative notify the Buyers of its election with
respect to any Share Settlement. The Representative will have two (2) NASDAQ
trading days from the date of delivery of such notice to deliver (which delivery
can be made by electronic mail) to the Buyers a written response notifying the
Buyers of Seller’s election as to any Share Settlement, provided that, if a
Share Settlement is elected or if Seller receives shares of EIG Holdings Common
Stock pursuant to Section 1.5(g)(i)(A), the Buyers shall adjust the amount of
the Estimated Closing Cash Payment, the amount of any Additional Closing Payment
or the amount of any payment to be made by the Buyers pursuant to
Section 1.5(g)(i)(A) in each case paid in cash so that (i) only whole shares of
EIG Holdings Common Stock are issued in any Share Settlement or payment in
shares of EIG Holdings Common Stock pursuant to Section 1.5(g)(i)(A) and (ii) in
the aggregate, not more than nineteen percent (19%) of the outstanding shares of
EIG Holdings Common Stock as of the date of this Agreement (adjusted for any
stock splits, stock dividends or similar events after the date of this
Agreement) are issued in the Share Settlement or in any payment in shares of EIG
Holdings Common Stock pursuant to Section 1.5(g)(i)(A) or other transaction
contemplated by this Agreement. If the Buyers do not receive within such period
a written response electing a Share Settlement, the right to make such election
shall terminate. If the Representative elects a Share Settlement as to any
portion of the Estimated Closing Cash Payment or the Additional Closing Payment
or receives shares of EIG Holdings Common Stock pursuant to
Section 1.5(g)(i)(A), and if the Representative so requests, the Buyers shall
cause to be delivered to the Seller as promptly as reasonably practicable after
the Closing (or, in the case of a payment to be made by the Buyers pursuant to
Section 1.5(g)(i)(A), after the date of such payment) a certificate issued in
the name of the Seller representing the shares of EIG Holdings Common Stock
issued to the Seller pursuant to the Share Settlement or payment in shares of
EIG Holdings Common Stock pursuant to Section 1.5(g)(i)(A). The Buyers agree to
execute such documents as the transfer agent for EIG Holdings Common Stock may
reasonably request to effectuate any such delivery in connection with a Share
Settlement or payment in shares of EIG Holdings Common Stock pursuant to
Section 1.5(g)(i)(A).”

 

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(g) Section 1.7(c) is amended by deleting the provision in its entirety and
replacing it with the following new Section 1.7(c):

“(c) In the event that Seller elects a Share Settlement or receives shares of
EIG Holdings Common Stock pursuant to Section 1.5(g)(i)(A), the Seller agrees
that it will not, without the prior written consent of the managing underwriter
or underwriters of the IPO, during the period commencing on the date of the
preliminary prospectus used in connection with the road show relating to the
IPO, and ending one hundred eighty (180) days after the offering date set forth
on the final prospectus used to sell shares of EIG Holdings Common Stock in the
IPO, will not offer, sell, contract to sell, pledge, grant any option to
purchase, make any short sale or otherwise dispose of any shares of EIG Holdings
Common Stock, or any options or warrants to purchase any shares of EIG Holdings
Common Stock, or any securities convertible into, exchangeable for or that
represent the right to receive shares of EIG Holdings Common Stock, whether now
owned or hereinafter acquired, owned directly by the undersigned (including
holding as a custodian) or with respect to which the undersigned has beneficial
ownership within the rules and regulations of the SEC. The foregoing restriction
is expressly agreed to preclude the Seller from engaging in any hedging or other
transaction which is designed to or which reasonably could be expected to lead
to or result in a sale or disposition of any shares of EIG Holdings Common Stock
even if such shares would be disposed of by someone other than the Seller. Such
prohibited hedging or other transactions would include without limitation any
short sale or any purchase, sale or grant of any right (including without
limitation any put or call option) with respect to any of the shares of EIG
Holdings Common Stock or with respect to any security that includes, relates to,
or derives any significant part of its value from such shares. The managing
underwriter or underwriters in connection with such registration are intended
third party beneficiaries of this Section 1.7(c) and shall have the right,
power, and authority to enforce the provisions hereof as though they were a
party hereto. The Seller further agrees to execute such agreements as may be
reasonably requested by the managing underwriter or underwriters in connection
with the IPO that are consistent with this Section 1.7(c) or that are necessary
to give further effect thereto and the Seller agrees that any certificates in
the name of the Seller representing the shares of EIG Holdings Common Stock
issued to the Seller pursuant to the Share Settlement or Section 1.5(g)(i)(A)
may be retained by the Buyers until the Seller has executed such agreements.”

(h) Section 5.17 is hereby amended by deleting the provision in its entirety and
replacing it with the following new Section 5.17:

“5.17 Elimination of Intercompany Arrangements. The Companies, Directi Parent
and the Guarantors shall take all actions necessary to cause all contracts,
agreements and arrangements and all resulting payables, receivables, liabilities
and other obligations between the Companies, on the one hand, and any of their
Affiliates (other than the Companies and their Subsidiaries), on the other hand,
to be settled, unwound, cancelled, or terminated, as applicable, as of the
Closing, except to the extent (a) expressly provided for herein, (b) expressly
provided for in the Transition Services Agreement or (c) set forth on Schedule
II (it being understood and agreed that any

 

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liability, account payable or obligation owed by any of the Companies or their
Subsidiaries must be identified individually on Schedule II); provided that
after the Closing, the Companies and their Subsidiaries shall not be required to
pay or satisfy any such payables, liabilities or other obligations until any
such receivables have been paid (after which all such payables, liabilities and
other obligations shall be due and payable in accordance with their terms).”

(i) Section 5.19 is hereby amended by deleting the provision in its entirety and
replacing it with the following new Section 5.19:

“5.19 Domain Services.

(a) For 18 months after the Closing, Webiq Domains Solutions Pvt Ltd (“WebIQ”)
shall, and Seller shall cause WebIQ to, continue to purchase and/or register
domains on behalf of P.D.R. and to sell or transfer such domains to P.D.R. at a
price equal to WebIQ’s actual costs incurred in obtaining such domains (without
any markup for internal charges), in each case in the same manner (including
volume, timing, advance deposits and resources used) and on the same terms as
such transactions were conducted during the six months prior to the Closing. The
18 month term shall automatically renew for successive 18 month terms unless
earlier terminated in writing by the Buyers. The Buyers may terminate this
Section 5.19(a) upon 30 days’ written notice to the Seller. Upon any
termination, WebIQ shall return any remaining funds deposited with WebIQ for
purposes of purchasing or registering domains on behalf of P.D.R.

(b) From the Closing until PDR is accredited with the appropriate registry to
purchase or register such domains independently, Seller shall cause Directi
Internet Solutions Pvt. Ltd., or such other affiliate of Seller that is
accredited with the appropriate registry to purchase or register such domains
(“DISPL”) to continue to purchase and/or register domains under the top level
domain “.es” on behalf of P.D.R. and to sell or transfer such domains to P.D.R.
at a price equal to DISPL’s actual costs incurred in obtaining such domains
(without any markup for internal charges), in each case in the same manner
(including volume, timing, advance deposits and resources used) and on the same
terms as such transactions were conducted during the six months prior to the
Closing. The Buyers may terminate this Section 5.19(b) upon 30 days’ written
notice to the Seller. Upon any termination, DISPL shall return any remaining
funds deposited with DISPL for purposes of purchasing or registering domains on
behalf of P.D.R.”

(j) Article IX is hereby amended by deleting the definition of the term “Closing
Cash Payment” in its entirety and replacing it with the following new
definition:

“Closing Cash Payment” shall mean (i) the Closing Revenues plus (ii) the Other
Assets Closing Value plus (iii) Closing Cash, minus (iv) any Indebtedness of the
Companies or their Subsidiaries outstanding at the Closing minus (v) the Company
Transaction Expenses plus (vi) any Working Capital Excess minus (vii) any
Working Capital Shortfall minus (viii) the Advance Payment, as determined in
accordance with the provisions of Section 1.5 (b)-(f).

 

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(k) Article IX is hereby amended by adding the following new defined terms in
appropriate alphabetical order:

“Estimated Closing Cash Payment” shall mean (i) the Closing Revenues minus
(ii) the Advance Payment, as estimated by the Seller pursuant to Section 1.5(a).

“Holdback Amount” shall mean $500,000.

“Working Capital” shall mean the current assets of the Business associated with
the line items set forth on Schedule II minus the current liabilities of the
Business associated with the line items set forth on Schedule II minus any
payables or liabilities (whether or not current) owed by the Companies to any of
their Affiliates (other than the Companies and their Subsidiaries) that survive
the Closing, including pursuant to Section 5.17(c), in each case calculated in
accordance with Schedule II as of immediately before, and without giving effect
to, the Closing.

“Working Capital Excess” shall mean the amount, if any, by which the Working
Capital exceeds the Working Capital Target.

“Working Capital Shortfall” shall mean the amount, if any, by which the Working
Capital Target exceeds the Working Capital.

“Working Capital Target” shall mean an amount to be mutually agreed in writing
between the Buyers and the Representative prior to any payment pursuant to
Section 1.5(g). The Buyers and the Representative shall negotiate in good faith
to agree on a Working Capital Target within forty-five (45) calendar days of the
Closing.

(l) The Schedules to the Agreement are hereby amended by adding a new Schedule
II in the form of Exhibit B to this Amendment.

6. Modification of Issuer of the Closing Promissory Note. All references to the
issuance, execution and/or delivery of the Closing Promissory Note by Singapore
SPV shall hereby be amended to provide for the issuance, execution and/or
delivery of the Closing Promissory Note by EIG Holdings as follows:

(a) Sections 1.3(b), 1.3(c), 1.4(d) and 6.2(d) of the Agreement is hereby
amended by replacing each reference to the term “Singapore SPV” with the term
“EIG Holdings”.

(b) Article IX of the Agreement is hereby amended by deleting the definitions of
the terms “Closing Promissory Note,” “EIG Singapore Note Guarantee,” “Singapore
Charge” and “Singapore Guarantee” in their entirety and replacing them with the
following new definitions:

“Closing Promissory Note” shall mean the Secured Promissory Note, in the form of
Exhibit A, made by EIG Holdings in favor of Seller payable in the amount of the
Original Principal Amount (as defined in the Closing Promissory Note).

 

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“EIG Singapore Note Guarantee” shall mean the unconditional and irrevocable
guarantee made by EIG Singapore in favor of the Seller of the payment of the
amounts owed by EIG Holdings under the Closing Promissory Note in form and
substance satisfactory to Sellers in their sole discretion (but subject to the
provisions of the existing credit facility to which EIG Singapore is subject).

“Singapore Charge” shall mean the charge agreement pursuant to which EIG
Singapore will charge the shares of Singapore SPV to secure the Singapore
Guarantee.

“Singapore Guarantee” shall mean the guarantee agreement pursuant to which EIG
Singapore will guarantee the payment obligations of EIG Holdings under the
Closing Promissory Note.

(c) Section 11.14(f) of the Agreement is hereby deleted in its entirety and
replaced with the following new Section 11.14(f):

“EIG Holdings shall issue the Closing Promissory Note if required under
Section 1.4 .”

(d) Exhibit A to the Agreement (Form of Closing Promissory Note) shall be
amended such that the defined term “Maker” shall refer to “Endurance
International Group Holdings, Inc., a Delaware corporation.”

7. Representations Regarding Other Assets.

(a) Section 3.9 (a) of the Agreement is hereby amended by (i) deleting each
instance of the phrase “Each Company and each Subsidiary” and replacing it with
the phrase “Each Company, each Subsidiary and the Other Assets Seller” and
(ii) adding the following language at the end of such Section:

“All Taxes that the Other Assets Seller was required to pay with respect to
procurement, owning and using Other Assets in India have been duly and properly
paid to the appropriate Government Entity and the Other Assets Seller has
complied with all information reporting and compliances prescribed by the
applicable law. Transfer of the Other Assets by the Other Asset Seller is not in
violation of Section 38 of the Maharashtra Value Added Tax Act, 2002.”

(b) Section 3.9(g) of the Agreement is hereby deleted in its entirety and
replaced with the following new Section 3.9(g):

“There are no liens or other encumbrances with respect to the Taxes upon any of
the Other Assets or the assets or properties of the Business, either Company or
any Subsidiary, other than with respect to Taxes not yet due and payable.”

 

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(c) Section 3.10(b) of the Agreement is hereby amended by adding the following
language at the end of such Section:

“Prior to the Closing, the Seller shall deliver to the Buyers a supplement to
Section 3.10(b) of the Disclosure Schedule that lists individually all Other
Assets, indicating the location, cost, accumulated book depreciation (if any)
and the net book value of each such fixed asset as of December 31, 2013. At the
Closing, there shall be no capital gains on any Other Asset for purposes of any
Taxes, and none of the Sellers shall report any capital gain with respect to any
Other Asset on any Tax Return or any other document provided to any Governmental
Entity at any time. The allocation of the consideration payable with respect to
the Other Assets set forth set forth in Section 1.3 of the Disclosure Schedule
shall not exceed the book value of the Other Assets as of the Closing.”

(d) Section 7.1(a) of the Agreement is hereby amended by deleting the phrase
“the Seller or either Company” and replacing it with the phrase “the Seller, the
Other Assets Seller or either Company”.

(e) Section 7.1(b) of the Agreement is hereby amended by deleting the phrase
“the Seller or any Guarantor” and replacing it with the phrase “the Seller, the
Other Assets Seller or any Guarantor”.

(f) Section 7.1(c) of the Agreement is hereby amended by deleting each instance
of the phrase “either Company” and replacing it with the phrase “either Company
or the Other Assets Seller”.

(g) Section 7.1(d) of the Agreement is hereby deleted in its entirety and
replaced with the following new Section 7.1(d):

“(d) any liabilities, penalties, expenses or obligations resulting from or
relating to the following Taxes: (i) any Taxes for any taxable period ending (or
deemed pursuant to Section 5.12(b) to end) on or before the Closing Date due and
payable by either Company, any Subsidiary or the Other Assets Seller; (ii) any
Taxes for which either Company or any Subsidiary has any liability under U.S.
Treasury Regulations Section 1.1502-6 or under any comparable or similar
provision of state, local or foreign laws as a result of being a member of an
affiliated, consolidated, combined, unitary or similar group on or prior to the
Closing Date; (iii) any Taxes for which either Company, any Subsidiary or the
Other Assets Seller has any liability as a transferee or successor, pursuant to
any contractual obligation or otherwise, which Tax is related to the operations
of either Company, any Subsidiary or the Other Assets Seller on or prior to the
Closing Date or an event or transaction occurring before the Closing including
the Business Transfer or the transfer of the Business to the Companies by DISPL
or any Affiliate thereof; (iv) any Taxes for any taxable period (including
periods ending after the Closing Date) due and payable by either Company or any
Subsidiary and arising from actions taken to facilitate the Business Transfer or
the transfer of the Business to the Companies by DISPL or any Affiliate thereof,
including any changes to the capital structure of either Company or any
Subsidiary, (v) any losses incurred by the Buyers by reason of declaration of
transfer of assets or liabilities by DISPL to the Companies or transfer of

 

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Other Assets by the Other Assets Sellers to the Buyers as void under Section 281
of the (Indian) Income-Tax Act, 1961 or Section 38 of the Maharashtra Value
Added Tax Act, 2002; and (vi) the Seller’s portion of any Transfer Taxes (as set
forth in Section 5.12(a)) arising in connection with the consummation of the
transactions contemplated by this Agreement whether levied on the Buyers, the
Seller, either Company, any Subsidiary, or any of their respective Affiliates;”

(h) Section 7.1(e) of the Agreement is hereby amended by (i) deleting the
reference to “Seller’s” and replacing it with a reference to “Sellers’”,
(ii) inserting the phrase “or value added tax” immediately before the
parenthetical “(or any other Taxes) and (iii) deleting the reference to
“assesse” and replacing it with a reference to “assessee”.

8. Modification of Security Package.

(a) Section 5.16 of the Agreement is hereby deleted in its entirety and replaced
with the following new Section 5.16:

“Section 5.16 Security Package. No later than December 19, 2013, each of the
relevant Parties shall deliver, and EIG Corp shall cause each relevant Party
that is a subsidiary to cause to be delivered, in form and substance
satisfactory to the Sellers in their sole discretion (but subject to the
provisions of the existing credit facility to which EIG Holdings, EIG Corp and
EIG Singapore is subject) and to perform, (a) the EIG Singapore Note Guarantee,
(b) the Singapore Charge, (c) the original share certificates or other evidence
of share ownership of the equity interests subject to the Singapore Charge;
(d) appropriate transfer powers in respect of the equity interests subject to
the Singapore Charge, and (e) such other documents, filings, agreements or other
documentation necessary or advisable to effectuate the guarantee of the payment
obligations under the Closing Promissory Note and to enforce such guarantee
against the applicable maker and enforce the pledge of the equity interests
subject to the Singapore Charge pursuant to the laws of the applicable
jurisdictions (collectively, the “Security Package”).”

(b) Article IX is hereby amended by deleting the definition of the term “EIG
Holdings Note Guarantee” in its entirety.

(c) Section 11.4 is hereby amended by replacing the reference to the term “EIG
Holdings Note Guarantee” with the term “Closing Promissory Note”.

9. Filings required to Effect Director Resignations. Section 5.2 of the
Agreement is hereby amended by adding the following new Section 5.2(c):

“(c) To the extent any filing with, notice to or consent from any Governmental
Entity is required to give effect to the resignations delivered pursuant to
Section 6.1(h), Seller shall make such filing, give such notice or use its
reasonable best efforts to obtain such consent, as applicable, as promptly as
practicable after the Closing; provided that any notice to, or filing or
correspondence with the applicable Governmental Authority shall be in a form
reasonably acceptable to the Buyers. To the extent any resignation

 

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delivered pursuant to Section 6.1(h) is deemed effective after the Closing Date
pursuant to applicable Law, the Seller shall cause the applicable director or
officer not to take any action in such capacity without the prior written
consent of the Buyers.”

10. Payment of Taxes for Business Transfer. Section 5.15 of the Agreement is
hereby amended by adding the following language at the end of such Section:

“As promptly as practicable (and in any event no more than 60 days) after the
Closing Date, the Seller shall pay any unpaid Taxes, including any unpaid stamp
duty, on the transactions constituting the Business Transfer and shall complete
any process required to amend, supplement or correct any Taxes previously paid
with respect to the Business Transfer. The Seller shall keep the Buyers
reasonably informed with respect to any correspondence with any Governmental
Entity regarding any unpaid Taxes owed in conjunction with the Business Transfer
and, if reasonably requested by the Buyers, shall cooperate with the Buyers to
allow the Buyers to settle any unpaid Taxes with any Governmental Entity on the
Seller’s behalf (any payments made by the Buyers in settlement of such Taxes to
be subject to indemnification pursuant to Section 7.1(b)).”

11. Other Amendments.

(a) The Agreement is hereby amended by deleting each reference to the entity
“Directi Web Technologies Holdings, Inc.” and replacing it with a reference to
“Directi Web Technologies Holdings”.

(b) Article IX is hereby amended by deleting the reference to “Section 3.25(i)”
from the definition of the term “Restricted Countries” and replacing it with a
reference to “Section 3.24(i)”.

12. Miscellaneous.

(a) Except as specifically amended herein, the Agreement is hereby ratified and
confirmed and shall remain in full force and effect. On and after the Effective
Date, each reference in the Agreement to “this Agreement,” “hereunder,” “hereof”
or words of like import, shall mean and be a reference to the Agreement, as
amended hereby.

(b) All matters arising out of or relating to this Amendment and the
transactions contemplated hereby (including its interpretation, construction,
performance and enforcement) shall be governed by and construed in accordance
with the internal Laws of the State of Delaware without giving effect to any
choice or conflict of law provision or rule (whether of the State of Delaware or
any other jurisdiction) that would cause the application of Laws of any
jurisdictions other than those of the State of Delaware.

(c) The headings of the sections and subsections of this Amendment are inserted
for convenience only and do not constitute a part of the Amendment.

 

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(d) This Amendment may be executed and delivered by facsimile signature and in
two or more counterparts, each of which shall be deemed an original, but all of
which together shall constitute one and the same instrument.

[Remainder of page intentionally left blank.]

 

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IN WITNESS WHEREOF, each of the parties has caused this Amendment to be executed
as of the Effective Date set forth in the first paragraph.

 

ENDURANCE SINGAPORE HOLDINGS PTE. LTD.:

/s/ David C. Bryson

By:  

David C. Bryson

Title:  

Director

ENDURANCE SINGAPORE HOLDINGS 2 PTE. LTD.:

/s/ David C. Bryson

By:  

David C. Bryson

Title:  

Director

MYINTERNET MEDIA LIMITED:

/s/ David C. Bryson

By:  

David C. Bryson

Title:  

Director

ENDURANCE INTERNATIONAL GROUP HOLDINGS, INC.:

/s/ David C. Bryson

By:  

David C. Bryson

Title:  

Chief Legal Officer

[Signature Page to Amendment #2 to MSPA]

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EIG INVESTORS CORP.:

/s/ David C. Bryson

By:  

David C. Bryson

Title:  

Chief Legal Officer

ENDURANCE WEB SOLUTIONS PRIVATE LIMITED:

/s/ David C. Bryson

By:  

David C. Bryson

Title:  

Director

THE ENDURANCE INTERNATIONAL GROUP, INC.:

/s/ David C. Bryson

By:  

David C. Bryson

Title:  

Chief Legal Officer

[Signature Page to Amendment #2 to MSPA]

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DIRECTI WEB TECHNOLOGY PVT. LTD.:

/s/ Bhavin Turakhia

By:  

Bhavin Turakhia

Title:  

Director

P.D.R. SOLUTIONS FZC:

/s/ Brijesh Joshi

By:  

Brijesh Joshi

Title:  

Director

DIRECTI WEB TECHNOLOGIES HOLDINGS:

/s/ Brijesh Joshi

By:  

Brijesh Joshi

Title:  

Director

CONFLUENCE NETWORKS INC.:

/s/ Brijesh Joshi

By:  

Brijesh Joshi

Title:  

Director

[Signature Page to Amendment #2 to MSPA]

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DIRECTI WEB TECHNOLOGIES FZC:

/s/ Brijesh Joshi

By:  

Brijesh Joshi

Title:  

Director

WEBIQ DOMAINS SOLUTIONS PVT LTD:

/s/ Bhavin Turakhia

By:  

Bhavin Turakhia

Title:  

Director

/s/ Bhavin Turakhia

Bhavin Turakhia (in his capacity as both a Guarantor and the Representative)

/s/ Divyank Turakhia

Divyank Turakhia

/s/ Brijesh Harish Joshi

Brijesh Harish Joshi (in his capacity as the Nominee Shareholder)

[Signature Page to Amendment #2 to MSPA]

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Exhibit A

Schedule I

IP Address Blocks

 

RIPE:    5.100.152.1/21 APNIC-1:        103.21.58.0/23 ARIN-1:   
208.91.198.0/23 ARIN-2:    199.79.62.0/23 ARIN-3:    204.11.58.0/23 ARIN-4:   
162.210.70.0/23 ARIN-5:    162.222.226.0/23

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Exhibit B

Schedule II

Working Capital Calculation