EXHIBIT 10.94



 Exhibit 10.94 
 

 
 John Squires 
 Time Inc.

 1271 Avenue of the Americas 
 New York, NY 10020

 October 5, 2009 
  

	Re:	Third Addendum to Private Label Publisher Master Services Agreement Dated June 15, 2007 

 Dear John: 
 This letter (“Third Addendum”) amends the above-referenced Private Label Publisher
Master Services Agreement dated June 15, 2007 between Time Inc. (“Time”) and Quigo Technologies LLC (formerly Quigo Technologies, Inc.) (“Quigo”) (the “Master Terms”), as amended by the First
Addendum dated October 10, 2008 (the “First Addendum”) and the Second Addendum dated April 16, 2009 (the “Second Addendum”). The Master Terms, the First Addendum and the Second Addendum are collectively
referred to as the “Agreement”. Capitalized terms unless otherwise defined in this Third Addendum shall have the meanings assigned to them in the Agreement. In the event of any conflict between the Agreement and this Third Addendum,
this Third Addendum shall control. 
 Now, for mutual good and valuable consideration, the sufficiency and receipt of which is hereby acknowledged, the
parties agree that, as of October 5, 2009 (the “Third Addendum Effective Date”), the Master Terms and Enrollment Forms are amended with respect to the following Publishers: CNNMoney.com, Sl.com and FanNation.com, People.com,
Time.com, lnStyle.com, EW.com, Golf.com, and Southern Progress Digital (Collectively, the “Guarantee Publishers”), as follows: 
 With
respect to each Guarantee Publisher, the Term of its applicable Enrollment Form and the application of the Master Terms (including the payment and make-good provisions of Section 5) shall extend through their respective end dates (the
“Original Term”). After the Original Term, the Term of each Guarantee Publisher’s enrollment Form and application of the Master Terms shall further extend through November 30, 2011 (the “Extended Term”), except that
during such Extended Term (i) Sections 5.1 through 5.6 of the Master Terms and Sections 3 and 6 of the applicable Enrollment Form shall not apply, and (ii) Quigo shall keep one hundred percent (100%) of the Gross Ad Revenue earned
during such Extended Term, and shall have no obligation to pay the Guarantee Publishers any Revenue Share or any Monthly Guaranteed Installments with respect to Gross Ad Revenue earned during such Extended Term. 
 The parties acknowledge and agree that (i) the provisions of the Agreement were negotiated to reflect an informed, voluntary allocation between them of all risks
(both known and unknown) associated with the transactions contemplated hereunder, (ii) neither party has relied on any representation or warranty from the other party in determining to enter into the Agreement, except as expressly set forth in
the Agreement, and (iii) neither party has made any representation or warranty, express or implied, as to itself or the accuracy or completeness of any information furnished or made available to the other party, except as expressly set forth in
the Agreement. 
  
  
  
  
  
  
  
  
  
  
  
  

 Confidential 
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 This Third Addendum constitutes the entire understanding of the parties with respect to its subject matter and, except
as amended herein, the Agreement shall remain in full force and effect. If the terms of this Third Addendum are acceptable to you, please countersign this copy and return a copy to us. 
  

			
	Sincerely,
	
	Quigo Technologies LLC
		
	By:	 	 /s/ Jeff Levick

		
	Name:	 	 Jeff Levick

		
	Title:	 	 President, AOL Advertising



  

			
	Time Inc.:
		
	By:	 	 /s/ John Squires

		
	Name:	 	 Time Inc.

		
	Title:	 	 EVP


  
  
  
  
  
  
  
  
  
  
  
  

 Confidential 
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