Document ID: 11616

Text:
(i) HomeAdvisor SARs. Following the Effective Time (as defined in the Merger Agreement), (A)the stock appreciation rights corresponding to shares of HomeAdvisor,Inc. common stock (HomeAdvisor SARs) held by Executive will convert into stock appreciation rights corresponding to shares of ClassA common stock of the Company (Company SARs) with equitable adjustments to the number of shares covered and the applicable base price determined in accordance with the Employee Matters Agreement by and between IAC and the Company, (B)subject to Section3 of the Standard Terms and Conditions, the Company SARs generally will be exercisable in a manner consistent with stock appreciation rights corresponding to public company common stock, and (C)the Company SARs will otherwise have the same terms and conditions applicable to the HomeAdvisor SARs prior to the Effective Time. Notwithstanding the foregoing but subject to Section3 of the Standard Terms and Conditions (1)not more than 50% of the Company SARs received in respect of the conversion of the HomeAdvisor SARs granted on February11, 2015 shall be exercisable in any calendar year; and (2)the Company SARs received in respect of the conversion of the HomeAdvisor SARs granted on February14, 2017 shall not be exercisable before January1, 2020 , and not more than 33% of such awards may be exercised prior to December31, 2020. In the event of a termination of Executives employment prior to the lapse of any restriction on the exercise of vested Company SARs as set forth in the immediately preceding sentence, then either (x)the Company shall waive such restrictions so that such vested Company SARs can be exercised prior to the date that is (I)90days following such termination of employment, in the case of Executives termination of employment without Good Reason, (II)18months following such termination of employment, in the case of Executives termination of employment by the Company without Cause or by Executive with Good Reason, or (III)12months following such termination of employment, in the case of Executives death or Disability, or (y)at the Companys election, in the event of a termination of employment by virtue of Executives resignation without Good Reason, such vested Company SARs shall remain exercisable until the 90th day following the lapse of the restrictions related thereto; provided, however, that in no event shall any vested Company SARs remain outstanding beyond the scheduled expiration date of such Company SARs.

Named Entities:
15
16
Title
82
84
Title
173
174
Percentage
191
193
EffectiveDate
221
223
EffectiveDate
237
238
Percentage
247
249
TerminationDate
334
339
TerminationDate

Tokenized Text:
(
i
)
HomeAdvisor
SARs
.
Following
the
Effective
Time
(
as
defined
in
the
Merger
Agreement
)
,
(
A
)
the
stock
appreciation
rights
corresponding
to
shares
of
HomeAdvisor
,
Inc
.
common
stock
(
HomeAdvisor
SARs
)
held
by
Executive
will
convert
into
stock
appreciation
rights
corresponding
to
shares
of
ClassA
common
stock
of
the
Company
(
Company
SARs
)
with
equitable
adjustments
to
the
number
of
shares
covered
and
the
applicable
base
price
determined
in
accordance
with
the
Employee
Matters
Agreement
by
and
between
IAC
and
the
Company
,
(
B
)
subject
to
Section3
of
the
Standard
Terms
and
Conditions
,
the
Company
SARs
generally
will
be
exercisable
in
a
manner
consistent
with
stock
appreciation
rights
corresponding
to
public
company
common
stock
,
and
(
C
)
the
Company
SARs
will
otherwise
have
the
same
terms
and
conditions
applicable
to
the
HomeAdvisor
SARs
prior
to
the
Effective
Time
.
Notwithstanding
the
foregoing
but
subject
to
Section3
of
the
Standard
Terms
and
Conditions
(
1
)
not
more
than
50
%
of
the
Company
SARs
received
in
respect
of
the
conversion
of
the
HomeAdvisor
SARs
granted
on
February11
,
2015
shall
be
exercisable
in
any
calendar
year
;
and
(
2
)
the
Company
SARs
received
in
respect
of
the
conversion
of
the
HomeAdvisor
SARs
granted
on
February14
,
2017
shall
not
be
exercisable
before
January1
,
2020
,
and
not
more
than
33
%
of
such
awards
may
be
exercised
prior
to
December31
,
2020
.
In
the
event
of
a
termination
of
Executives
employment
prior
to
the
lapse
of
any
restriction
on
the
exercise
of
vested
Company
SARs
as
set
forth
in
the
immediately
preceding
sentence
,
then
either
(
x
)
the
Company
shall
waive
such
restrictions
so
that
such
vested
Company
SARs
can
be
exercised
prior
to
the
date
that
is
(
I
)
90days
following
such
termination
of
employment
,
in
the
case
of
Executives
termination
of
employment
without
Good
Reason
,
(
II
)
18months
following
such
termination
of
employment
,
in
the
case
of
Executives
termination
of
employment
by
the
Company
without
Cause
or
by
Executive
with
Good
Reason
,
or
(
III
)
12months
following
such
termination
of
employment
,
in
the
case
of
Executives
death
or
Disability
,
or
(
y
)
at
the
Companys
election
,
in
the
event
of
a
termination
of
employment
by
virtue
of
Executives
resignation
without
Good
Reason
,
such
vested
Company
SARs
shall
remain
exercisable
until
the
90th
day
following
the
lapse
of
the
restrictions
related
thereto
;
provided
,
however
,
that
in
no
event
shall
any
vested
Company
SARs
remain
outstanding
beyond
the
scheduled
expiration
date
of
such
Company
SARs
.