Exhibit 10.67

 

FOURTH AMENDMENT TO

AMENDED AND RESTATED

LIMITED LIABILITY COMPANY AGREEMENT

OF

CMGI @VENTURES IV, LLC

 

THIS FOURTH AMENDMENT, dated as of the first day of August, 2002, to the Amended
and Restated Limited Liability Company Agreement dated as of July 27, 2001 (as
amended to date, the “Agreement”), of CMGI @Ventures IV, LLC, a Delaware limited
liability company (the “LLC”), is by and among a Majority in Number of the
persons named as Class B Members on Schedule A to the Agreement. Capitalized
terms used herein, and not otherwise defined herein, shall have the respective
meanings ascribed to them in the Agreement.

 

For good and valuable consideration, the receipt and sufficiency of which is
hereby acknowledged, the undersigned hereby amend the Agreement as follows:

 

1. Amendment to Schedule B. Schedule B to the Agreement is hereby deleted, and
Schedule B attached hereto is substituted therefor, in order to reflect that (i)
effective as of August 1, 2002, the relationship of Peter Cochran with all
Employers has terminated, and (ii) such termination constitutes an Event of
Forfeiture.

 

Pursuant to and in accordance with the Agreement: (i) Mr. Cochran’s Vested
Percentage Interest is 80%; (ii) the Investment Percentage Interest of Mr.
Cochran in each Investment in which she or he participates (if any) has been
reduced in accordance with Section 3.04(b)(ii) of the Agreement and the
Investment Percentage Interest of the other Members participating in such
Investments has been increased to the extent and in the manner provided in
Section 3.04(b)(ii); and (c) any amount held in any Vesting Escrow for the
benefit of Mr. Cochran which is attributable to the portion of his interest
which has been forfeited effective as of the date hereof shall be forfeited as
provided in Section 3.04(b)(iii).

 

Mr. Cochran shall continue to be subject to all other provisions of the
Agreement, including without limitation, Section 6.06(b), and the fourth to last
sentence in the definition of the term “Event of Forfeiture.”

 

2. No Other Amendments. In all other respects, the Agreement is hereby ratified
and confirmed.

 

[Signature page follows.]

 

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IN WITNESS WHEREOF, the undersigned have executed this Amendment as of the date
first above written.

 

CLASS B MEMBERS (to be signed by a Majority in Number hereof):

/s/ Denise W. Marks

Denise W. Marks

/s/ Peter H. Mills

Peter H. Mills

/s/ David J. Nerrow, Jr.

David J. Nerrow, Jr.

/s/ Marc Poirier

Marc Poirier

/s/ Lior E. Yahalomi

Lior E. Yahalomi

 

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CMGI @VENTURES IV, LLC

 

SCHEDULE B

 

PROFIT MEMBERS AND PROFIT MEMBER PERCENTAGE INTERESTS

 

Class B Members

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Profit Member Percentage Interest

--------------------------------------------------------------------------------

Denise W. Marks

    1.8162%

Peter H. Mills

  27.8486%

David J. Nerrow, Jr.

  21.7945%

Marc D. Poirier

  20.5837%

Lior E. Yahalomi

  27.8486%

Former Profit Members (Class B)

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Profit Member Percentage Interest

--------------------------------------------------------------------------------

Jonathan Callaghan

  -0-

John Scott Case

  -0-

Gary Curtis

  -0-

Josh Daniels

  -0-

Brad Garlinghouse

  -0-

Class C Members

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Profit Member Percentage Interest

--------------------------------------------------------------------------------

Charles Finnie

  NA     See Section 3.03(c)

Lynne Haro

    0.02500%

Denise McCabe

    0.08340%

 

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Former Profit Members (Class C)

--------------------------------------------------------------------------------

 

Profit Member Percentage Interest

--------------------------------------------------------------------------------

Denise Ames

  -0-

Mainini Cabute

  -0-

Peter Cochran

  -0-

Matthew Jennings

  -0-

John LaBarre

  -0-

Cara McCauley

  -0-

Daniel Pawliw

  -0-

Jim Quagliaroli

  -0-

Suresh Ramakrishnan

  -0-

Lisa Scoma

  -0-

Janet Veino

  -0-

 

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