Form of Limelight Voting Agreement



 Exhibit 10.23 
 EXECUTION COPY 
 FORM OF LIMELIGHT NETWORKS, INC. VOTING
AGREEMENT 
 THIS VOTING AGREEMENT (this “Agreement”) is made and entered into as of December 21, 2009
by and between EyeWonder Inc., a Delaware corporation (the “Company”), and the undersigned Stockholder (the “Stockholder”) of Limelight Networks, Inc., a Delaware corporation (“Parent”). 

WITNESSETH: 
 WHEREAS, Parent, the Company, Elvis Merger Sub One Corporation, a Delaware corporation and a direct, wholly-owned subsidiary of Parent (“Merger Sub One”), Elvis Merger Sub Two LLC, a Delaware limited liability company and a
direct, wholly-owned subsidiary of Parent (“Merger Sub Two” and together with Merger Sub One, the “Merger Subs”), John Vincent, as stockholder representative and Deutsche Bank National Trust Company, as Escrow Agent
have entered into an Agreement and Plan of Merger of even date herewith (the “Merger Agreement”), which provides for, among other things, and as a single integrated transaction, the merger of Merger Sub One with and into the Company
(the “First Step Merger”) in accordance with the applicable provisions of the DGCL. As soon as practicable following the First Step Merger, Parent will cause the Company to merge with and into Merger Sub Two, with Merger Sub Two
continuing as the surviving entity (the “Second Step Merger” and, taken together with the First Step Merger, the “Merger”). 
 WHEREAS, the Stockholder is the beneficial owner (as defined in Rule 13d-3 under the Securities Exchange Act of 1934, as amended (the “Exchange Act”)) of that number of shares of the
outstanding capital stock of Parent, and the holder of options to purchase such number of shares of capital stock of Parent, in each case, as set forth on the signature page of this Agreement. 
 WHEREAS, as a condition and inducement to the willingness of the Company to enter into the Merger Agreement, the Stockholder (in the
Stockholder’s capacity as such) has agreed to enter into this Agreement. 
 NOW, THEREFORE, intending to be legally bound,
the parties hereto agree as follows: 
 1. Certain Definitions. All capitalized terms that are used but not defined
herein shall have the respective meanings ascribed to them in the Merger Agreement. For all purposes of and under this Agreement, the following terms shall have the following respective meanings: 
 (a) “Expiration Date” shall mean the earlier to occur of (i) such date and time as the Merger Agreement shall have
been validly terminated pursuant to Article IX thereof, (ii) such date and time as the Requisite Parent Voting Approval has been obtained or (iii) such date and time as the Merger shall become effective in accordance with the terms
and provisions of the Merger Agreement. 
 (b) “Person” shall mean any individual, corporation, limited
liability company, general or limited partnership, trust, unincorporated association or other entity of any kind or nature, or any governmental authority. 
 (c) “Shares” shall mean (i) all equity securities of Parent (including all shares of Parent Common Stock, all options (the “Parent Options”) to purchase shares of
Parent Common Stock and all other rights to acquire shares of Parent Common Stock) owned by the Stockholder itself (and not any of its Affiliates) as of the date hereof, and (ii) all additional equity securities of Parent (including all
additional shares of Parent Common Stock, Parent Options and other rights to acquire shares of Parent Common Stock) of which the Stockholder itself (and not any of its Affiliates) acquires ownership during the period from the date of this Agreement
through the Expiration Date (including by way of stock dividend or distribution, split-up, recapitalization, combination, exchange of shares and the like). 







 (d) “Transfer” A Person shall be deemed to have effected a
“Transfer” of a Share if such person directly or indirectly (i) sells, pledges, encumbers, assigns, grants an option with respect to, transfers, tenders or disposes of such Share or any interest in such Share, or
(ii) enters into an agreement or commitment providing for the sale of, pledge of, encumbrance of, assignment of, grant of an option with respect to, transfer, tender of or disposition of such Share or any interest therein. 
 2. Transfer of Shares. 
 (a) Transfer Restrictions. The Stockholder shall not Transfer (or cause or permit the Transfer of ) any of the Shares, or enter into any agreement relating thereto, except by
(i) selling already-owned Shares either to pay the exercise price upon the exercise of a Parent Option or to satisfy the Stockholder’s tax withholding obligation upon the exercise of a Parent Option, in each case as permitted by any Parent
Stock Option Plan (ii) by selling already-owned Shares pursuant to 10b5-1 trading plans existing as of the date hereof or (iii) transferring Shares to Affiliates, immediate family members, a trust established for the benefit of Stockholder
and/or for the benefit of one or more members of the Stockholder’s immediate family or upon the death of the Stockholder or charitable organizations or in connection with, or solely for the purpose of, personal tax-planning, provided that, as a
condition to such Transfer, the recipient agrees to be bound by this Agreement and delivers a Proxy (as defined below) in the form attached hereto as Exhibit A. Any Transfer, or purported Transfer, of Shares in breach or violation of this
Agreement shall be void and of no force or effect. 
 (b) Transfer of Voting Rights. The Stockholder shall not
deposit (or cause or permit the deposit of) any Shares in a voting trust or grant any proxy or enter into any voting agreement or similar agreement in contravention of the obligations of the Stockholder under this Agreement with respect to any of
the Shares. 
 3. Agreement to Vote Shares. 
 (a) At every meeting of the Parent stockholders, and at every adjournment or postponement thereof, and on every action or approval by written consent of the Parent stockholders, the Stockholder (in the
Stockholder’s capacity as such), to the extent not voted by the Person(s) appointed under the Proxy, shall, or shall cause the holder of record on any applicable record date to, vote the Shares: 
 (i) in favor of the issuance of Parent Common Stock in the transactions contemplated by the Merger Agreement; and 
 (ii) against approval of any proposal made in opposition to, in competition with, or would result in a breach of, the Merger Agreement or
the Merger or any other transactions contemplated by the Merger Agreement. 
 (b) In the event that a meeting of the Parent
stockholders is held, the Stockholder shall, or shall cause the holder of record on any applicable record date to, appear at such meeting or otherwise cause the Shares to be counted as present thereat for purposes of establishing a quorum.

 (c) The Stockholder shall not enter into any agreement or understanding with any Person to vote or give instructions in any
manner inconsistent with the terms of this Section 3. 
 4. Directors and Officers. Notwithstanding any
provision of this Agreement to the contrary, nothing in this Agreement shall limit or restrict a Stockholder who is a director or officer of Parent from acting in such capacity or voting, in his capacity as a director

  

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of Parent, in the Stockholder’s sole discretion on any matter (it being understood that this Agreement shall apply to the Stockholder solely in the Stockholder’s capacity as a
Stockholder of Parent). In this regard, the Stockholder shall not be deemed to make any agreement or understanding in this Agreement in Stockholder’s capacity as a director or officer of Parent. 
 5. Irrevocable Proxy. Concurrently with the execution of this Agreement, the Stockholder shall deliver to the Company a proxy in the
form attached hereto as Exhibit A (the “Proxy”), which shall be irrevocable to the fullest extent permissible by law, with respect to the Shares. 
 6. Representations and Warranties of the Stockholder. 
 (a) Power;
Binding Agreement. The Stockholder has full power and authority to execute and deliver this Agreement and the Proxy, to perform the Stockholder’s obligations hereunder and to consummate the transactions contemplated hereby. This
Agreement has been duly executed and delivered by the Stockholder and, assuming this Agreement constitutes a valid and binding obligation of the Company, constitutes a valid and binding obligation of the Stockholder, enforceable against the
Stockholder in accordance with its terms. 
 (b) No Conflicts. None of the execution and delivery by the
Stockholder of this Agreement, the performance by the Stockholder of its obligations hereunder or the consummation by the Stockholder of the transactions contemplated hereby will (i) result in a violation or breach of any agreement to which the
Stockholder is a party or by which the Stockholder may be bound, including any voting agreement or voting trust, or (ii) violate any order, writ, injunction, decree, judgment, order, statute, rule, or regulation applicable to the Stockholder.

 (c) Ownership of Shares. The Stockholder (i) is the sole beneficial owner of the shares of Parent Common
Stock set forth on the signature page of this Agreement, all of which are free and clear of any liens, adverse claims, charges, security interests, pledges or options, proxies, voting trusts or agreements, understandings or agreements, or any other
rights or encumbrances whatsoever (“Encumbrances”) (except any Encumbrances arising under securities laws or arising hereunder), (ii) is the sole holder of Parent Options that are exercisable for the number of shares of Parent
Common Stock set forth on the signature page of this Agreement, all of which Parent Options and shares of Parent Common Stock issuable upon the exercise of such Parent Options are, or in the case of Parent Common Stock received upon exercise of an
option after the date hereof will be, free and clear of any Encumbrances (except any Encumbrances arising under securities laws or arising hereunder), and (iii) except as set forth on the signature page to this Agreement, does not own,
beneficially or otherwise, any securities of Parent other than the shares of Parent capital stock or options to purchase shares of Parent Common Stock, and shares of Parent Common Stock issuable upon the exercise of such Parent Options, set forth on
the signature page of this Agreement. 
 (d) Voting Power. The Stockholder has sole voting power, sole power of
disposition, sole power to issue instructions with respect to the matters set forth herein, and sole power to agree to all of the matters set forth in this Agreement, in each case with respect to all of the Shares, with no limitations,
qualifications or restrictions on such rights, subject to applicable federal securities laws and the terms of this Agreement. 
 (e) No Finder’s Fees. No broker, investment banker, financial advisor or other person is entitled to any broker’s, finder’s, financial adviser’s or other similar fee or commission in connection with this
Agreement based upon arrangements made by or on behalf of the Stockholder. 
  

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 (f) Reliance by the Company. The Stockholder understands and acknowledges that
the Company is entering into the Merger Agreement in reliance upon the Stockholder’s execution and delivery of this Agreement. 
 (g) No Legal Actions. Stockholder agrees that Stockholder will not in Stockholder’s capacity as a Stockholder of Parent bring, commence, institute, maintain, prosecute or voluntarily aid any action, claim, suit or cause of
action, in law or in equity, in any court or before any Governmental Entity, which (i) challenges the validity of or seeks to enjoin the operation of any provision of this Agreement or (ii) alleges that the execution and delivery of this
Agreement by Stockholder, either alone or together with the other Parent voting agreements and proxies to be delivered in connection with the execution of the Merger Agreement, or the approval of the Merger Agreement by the Parent Board, breaches
any fiduciary duty of the Parent Board or any member thereof. 
 7. Certain Restrictions. The Stockholder shall not,
directly or indirectly, take any action that would make any representation or warranty of the Stockholder contained herein untrue or incorrect. 
 8. Disclosure. The Stockholder shall permit Parent to publish and disclose in all documents and schedules filed with the SEC, and any press release or other disclosure document that Parent
determines to be necessary or desirable in connection with the Merger and any transactions related to the Merger, the Stockholder’s identity and ownership of Shares and the nature of the Stockholder’s commitments, arrangements and
understandings under this Agreement. 
 9. No Ownership Interest. Nothing contained in this Agreement shall be deemed to
vest in the Company any direct or indirect ownership or incidence of ownership of or with respect to any Shares. Except as provided in this Agreement, all rights, ownership and economic benefits relating to the Shares shall remain vested in and
belong to Stockholder. 
 10. Further Assurances. Subject to the terms and conditions of this Agreement, the Stockholder
shall use commercially reasonable efforts to take, or cause to be taken, all actions, and to do, or cause to be done, all things necessary to fulfill such Stockholder’s obligations under this Agreement. 
 11. Stop Transfer Instructions. At all times commencing with the execution and delivery of this Agreement and continuing until the
Expiration Date, Parent shall not register the Transfer (by book-entry or otherwise) of any certificate or uncertificated interest representing any of the Shares unless such Transfer is made pursuant to and in compliance with the terms and
conditions of this Agreement. 
 12. Termination. This Agreement and the Proxy shall terminate and shall have no further
force or effect as of the Expiration Date. Notwithstanding the foregoing, nothing set forth in this Section 14 or elsewhere in this Agreement shall relieve either party hereto from liability, or otherwise limit the liability of either
party hereto, for any intentional breach of this Agreement. 
 13. Miscellaneous. 
 (a) Validity. The invalidity or unenforceability of any provision of this Agreement shall not affect the validity or
enforceability of the other provisions of this Agreement, which will remain in full force and effect. In the event that any provision of this Agreement or the application thereof, becomes or is declared by a court of competent jurisdiction to be
illegal, void or unenforceable, the remainder of this Agreement will continue in full force and effect and the application of such provision to other persons or circumstances will be interpreted so as reasonably to effect the intent of the parties
hereto. The parties further agree to replace such void or unenforceable provision of this Agreement with a valid and enforceable provision that will achieve, to the extent possible, the purposes of such void or unenforceable provision. 

 

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 (b) Binding Effect and Assignment. This Agreement and all of the provisions
hereof shall be binding upon and inure to the benefit of the parties hereto and their respective successors and permitted assigns, but neither this Agreement nor any of the rights, interests or obligations of the parties hereto may be assigned by
operation of law or otherwise by either of the parties without prior written consent of the other. 
 (c) Amendments;
Waiver. This Agreement may be amended by the parties hereto, and the terms and conditions hereof may be waived, only by an instrument in writing signed on behalf of each of the parties hereto, or, in the case of a waiver, by an instrument
signed on behalf of the party waiving compliance. 
 (d) Specific Performance; Injunctive Relief. The parties
hereto agree that the Company shall be irreparably harmed and that there shall be no adequate remedy at law for a violation of any of the covenants or agreements of the Stockholder set forth herein. Therefore, it is agreed that, in addition to any
other remedies that may be available to the Company upon any such violation, the Company shall have the right to enforce such covenants and agreements by specific performance, injunctive relief or by any other means available to the Company at law
or in equity. 
 (e) Notices. All notices and other communications hereunder shall be in writing and shall be
deemed given if delivered personally or by commercial messenger or courier service, or mailed by registered or certified mail (return receipt requested) or sent via facsimile (with acknowledgment of complete transmission) to the parties at the
following addresses (or at such other address for a party as shall be specified by like notice); provided, however, that notices sent by mail will not be deemed given until received: 
 If to the Company : 
 EyeWonder, Inc. 
 229 Peachtree Street NE 
 International Tower, Suite 1700 
 Atlanta, GA 30309 
 Attention: Jerome F. Connell, Jr. 
 Facsimile No.: (678) 623-0369 
 with a copy to: 
 Kilpatrick Stockton LLP 
 1100 Peachtree Street, NE 
 Suite 2800 
 Atlanta, GA 30309-4530 
 Attention: W. Benjamin Barkley 
 Facsimile No.: (404) 541-3121 
  

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 If to the Stockholder: 
 Limelight Networks, Inc. 
 2220 W. 14th
Street 
 Tempe, AZ 85281 
 Attention: Philip C. Maynard 
 Senior Vice President, Chief Legal Officer and
Secretary 
 Facsimile No.: (602) 850-4915 
 with a copy to: 
 Wilson Sonsini Goodrich & Rosati, P.C. 
 650 Page Mill Road 
 Palo Alto, California 94304 
 Attention: Mark Reinstra, Esq. 
 Facsimile No.: (650) 493-6811 
 (f) No Waiver. The failure of either party hereto to exercise any right, power or remedy provided under this Agreement or otherwise available in respect of this Agreement at law or in
equity, or to insist upon compliance by any other party with its obligation under this Agreement, and any custom or practice of the parties at variance with the terms of this Agreement, shall not constitute a waiver by such party of such
party’s right to exercise any such or other right, power or remedy or to demand such compliance. 
 (g) No Third Party
Beneficiaries. This Agreement is not intended to, and shall not, confer upon any person other than the parties hereto any rights or remedies hereunder. 
 (h) Governing Law. This Agreement shall be governed in all respects by the laws of the State of Delaware as applied to agreements entered into and performed entirely in the State of Delaware
by residents thereof, without regard to any provisions thereof relating to conflicts of laws among different jurisdictions. 
 (i) Submission to Jurisdiction. Each of the parties hereto irrevocably consents to the exclusive jurisdiction and venue of any court in the State of Delaware and agrees that any action involving any equitable claim shall be
brought exclusively in the Delaware Court of Chancery, in connection with any matter based upon or arising out of this Agreement or the matters contemplated herein, agrees that process may be served upon them in any manner authorized by the laws of
the State of Delaware for such persons and waives and covenants not to assert or plead any objection which they might otherwise have to such jurisdiction, venue and such process. Each party agrees not to commence any legal proceedings related hereto
except in such courts. 
 (j) Rules of Construction. The parties hereto hereby waive the application of any law,
regulation, holding or rule of construction providing that ambiguities in an agreement or other document will be construed against the party drafting such agreement or document. 
  

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 (k) Entire Agreement. This Agreement and the Proxy constitute the entire
agreement between the parties with respect to the subject matter hereof and supersede all prior agreements and understandings both written and oral, between the parties with respect to the subject matter hereof. 
 (l) Interpretation. 
 (i) Whenever the words “include,” “includes” or “including” are used in this Agreement they shall be deemed to be followed by the words “without limitation.” As
used in this Agreement, the term “affiliate” shall have the meaning set forth in Rule 12b-2 promulgated under the Exchange Act. 
 (ii) The article and section headings contained in this Agreement are solely for the purpose of reference, are not part of the agreement of the parties hereto and shall not in any way affect the meaning
or interpretation of this Agreement. 
 (m) Expenses. All costs and expenses incurred in connection with this
Agreement and the transactions contemplated hereby shall be paid by the party incurring the expenses. 
 (n)
Counterparts. This Agreement may be executed in one or more counterparts, all of which shall be considered one and the same agreement and shall become effective when one or more counterparts have been signed by each of the parties and
delivered to the other party, it being understood that all parties need not sign the same counterpart. 
 (o) No Obligation
to Exercise Options or Warrants. Notwithstanding any provision of this Agreement to the contrary, nothing in this Agreement shall obligate the Stockholder to exercise any Parent Option or other right to acquire shares of Parent Common
Stock. 
 (p) Telecopy Execution and Delivery. A facsimile, telecopy or other reproduction of this Agreement may
be executed by one or more parties hereto, and an executed copy of this Agreement may be delivered by one or more parties hereto by facsimile or similar electronic transmission device pursuant to which the signature of or on behalf of such party can
be seen, and such execution and delivery shall be considered valid, binding and effective for all purposes. At the request of any party hereto, all parties hereto agree to execute an original of this Agreement as well as any facsimile, telecopy or
other reproduction hereof. 
 [Remainder of Page Intentionally Left Blank] 
  

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 IN WITNESS WHEREOF, the undersigned have executed and caused to be effective this Agreement
as of the date first above written. 
  

									
	EYEWONDER, INC.	 		 	STOCKHOLDER
					
	By:	 	  
	 		 	By:	 	  

					
	Name:	 	  
	 		 	Name:	 	  

					
	Title:	 	  
	 		 	Name:	 	  

				
		 		 		 	Shares beneficially owned as of the date hereof:
				
		 		 		 	                 shares of Parent Common Stock
				
		 		 		 	                 shares of Parent Common Stock issuable upon exercise of
outstanding options

 **** VOTING AGREEMENT **** 







 EXHIBIT A 
 IRREVOCABLE PROXY 
 The undersigned Stockholder (the
“Stockholder”) of Limelight Networks, Inc., a Delaware corporation (“Parent”), hereby irrevocably (to the fullest extent permitted by law) appoints EyeWonder Inc., a Delaware corporation (the
“Company”), acting through any of its Chief Executive Officer, Chief Financial Officer or Chief Legal Officer, as the sole and exclusive attorneys and proxies of the Stockholder, with full power of substitution and resubstitution,
to vote and exercise all voting and related rights (to the full extent that the Stockholder is entitled to do so) with respect to all of the shares of capital stock of Parent that now are or hereafter may be beneficially owned by the Stockholder
itself (and not any of its Affiliates), and any and all other shares or equity securities of Parent issued or issuable to the Stockholder itself (and not any of its Affiliates) in respect thereof on or after the date hereof (collectively, the
“Shares”) in accordance with the terms of this Irrevocable Proxy until the Expiration Date (as defined below); provided, however, that such proxy and voting and related rights are expressly limited to the matters discussed in
clauses (i) through (ii) in the fourth paragraph of this Irrevocable Proxy. Upon the Stockholder’s execution of this Irrevocable Proxy, any and all prior proxies given by the Stockholder with respect to any Shares are hereby revoked
and the Stockholder agrees not to grant any subsequent proxies with respect to the Shares until after the Expiration Date. 
 This Irrevocable Proxy is irrevocable to the fullest extent permitted by law, is coupled with an interest and is granted pursuant to that certain Voting Agreement of even date herewith by and between the Company and the Stockholder, and is
granted as a condition and inducement to the willingness of the Company to enter into that certain Agreement and Plan of Merger of even date herewith (the “Merger Agreement”), among Parent, Elvis Merger Sub One Corporation, a
Delaware corporation and a direct, wholly-owned subsidiary of Parent (“Merger Sub One”), Elvis Merger Sub Two LLC, a Delaware limited liability company and a direct, wholly-owned subsidiary of Parent (“Merger Sub
Two”) , the Company, John Vincent, as stockholder representative and Deutsche Bank National Trust Company, as Escrow Agent. The Merger Agreement provides for, among other things, and as a single integrated transaction, the merger of Merger
Sub One with and into the Company (the “First Step Merger”) in accordance with the applicable provisions of the General Corporations Law of the State of Delaware. As soon as practicable following the First Step Merger, Parent will
cause the Company to merge with and into Merger Sub Two, with Merger Sub Two continuing as the surviving entity (the “Second Step Merger” and, taken together with the First Step Merger, the “Merger”). 
 As used herein, the term “Expiration Date” shall mean the earlier to occur of (i) such date and time as the Merger
Agreement shall have been validly terminated pursuant to Article IX thereof, (ii) such date and time as the Requisite Parent Voting Approval has been obtained or (iii) such date and time as the Merger shall become effective in
accordance with the terms and provisions of the Merger Agreement. 
 The attorneys and proxies named above, and each of them,
are hereby authorized and empowered by the Stockholder, at any time prior to the Expiration Date, to act as the Stockholder’s attorney and proxy to vote the Shares, and to exercise all voting, consent and similar rights of the Stockholder with
respect to the Shares (including, without limitation, the power to execute and deliver written consents) at every annual, special, adjourned or postponed meeting of stockholders of the Parent and in every written consent in lieu of such meeting:

 (i) in favor of the adoption of issuance of the Parent Common Stock in the transactions contemplated by the Merger Agreement;
and 







 (ii) against approval of any proposal made in opposition to, or in competition with, the
Merger Agreement or the Merger or any other transactions contemplated by the Merger Agreement. 
 The attorneys and proxies
named above may not exercise this Irrevocable Proxy on any other matter. The Stockholder may vote the Shares on all other matters. 
 Any obligation of the Stockholder hereunder shall be binding upon the successors and assigns of the Stockholder. 
 This Irrevocable Proxy shall terminate, and be of no further force and effect, automatically upon the Expiration Date. 
  

					
	Dated:                     , 2009	 	STOCKHOLDER
			
		 	By:	 	  

			
		 	Name:	 	  

			
		 	Title:	 	  


 ***** IRREVOCABLE PROXY ****