Exhibit 10.2





CONFIDENTIAL



 


EXECUTIVE
SEVERANCE AGREEMENT





 


This Executive Severance
Agreement (“Agreement”) is made effective as of February 7, 2020 (“Effective Date”),
by and between Care.com, Inc. (the “Company”) and Michael Goss (“Executive”).
This Agreement shall terminate automatically in the event of the termination of the Merger Agreement (as defined below) prior to
the consummation of the transactions contemplated thereunder.


 


WHEREAS, on December 20,
2019, the Company, IAC/InterActiveCorp ("Parent") and Buzz Merger Sub Inc. entered into that certain
Agreement and Plan of Merger (the “Merger Agreement”).


 


WHEREAS, the Company
and Executive desire to set forth herein the terms and conditions of Executive’s compensation in the event of a termination
of Executive’s employment under certain circumstances.


 


NOW, THEREFORE, the
parties agree as follows:


 


1.            Definitions.
For purposes of this Agreement, the following terms shall have the following meanings:


 


(a)            “Affiliate”
means with respect to any person or entity, any other person or entity that, directly or indirectly, through one or more intermediaries,
controls, or is controlled by, or is under common control with, such person or entity. For purposes of this definition, “control”,
when used with respect to any person or entity, means the power to direct the management and policies of such person or entity,
directly or indirectly, whether through ownership of voting securities, by contract or otherwise; and the terms “controlling”
and “controlled” have meanings correlative to the foregoing.


 


(b)            “Base
Salary” means Executive’s base salary at the rate in effect on the date of Executive’s Qualifying Termination
(disregarding any decrease in such base salary that constitutes a Good Reason event).


 


(c)            “Board”
shall mean the Board of Directors of the Company.


 


(d)            “Cause”
shall mean any of the following: (i) Executive’s commission of an act of fraud, embezzlement or theft against the Company
or any of its Affiliates; (ii) Executive’s conviction of, or plea of no contest to, a felony or crime involving moral
turpitude; (iii) Executive’s willful non-performance of material duties reasonably assigned to Executive and which
are consistent with Executive’s position and title as an employee of the Company, which to the extent such failure can be
fully cured, remains uncured for 30 days following Executive’s receipt of written notice thereof; (iv) Executive’s
material breach of any material agreement with the Company or any of its Affiliates, including , without limitation, any agreement
containing non-competition, employee or customer non-solicitation, non-disparagement or intellectual property assignment covenants
or obligations or restrictions on the use or disclosure of confidential or proprietary information or trade secrets, which to
the extent such breach can be fully cured, remains uncured for 30 days following Executive’s receipt of written notice thereof;
(v) Executive’s gross negligence, willful misconduct or any other act of willful disregard for the Company’s
or any of its Affiliates’ best interests; or (vi) Executive’s unlawful use (including being under the influence)
or possession of illegal drugs on the Company’s (or any of its Affiliates') premises.


 



    	 	 	 



     


    

 


(e)            “Change
of Control” shall mean the consummation of the transactions contemplated by the Merger Agreement.


 


(f)            “Code”
shall mean the Internal Revenue Code of 1986, as amended, and the Treasury Regulations and other interpretive guidance thereunder.


 


(g)            “Good
Reason” shall mean the occurrence of any of the following events or conditions without Executive’s written
consent: (i) a material diminution in Executive’s base salary or target annual bonus level; (ii) a change in the
geographic location of Executive’s principal place of employment to any location that increases the distance between Executive’s
primary residence and principal place of employment by more than 30 miles; (iii) the Company’s or any of its Affiliates’
material breach of any material agreement with Executive or (iv) the failure of the Company to obtain an agreement from any
successor to all or substantially all of the business or assets of the Company to assume this Agreement as contemplated in Section 7(a) of
this Agreement (if such assumption does not occur by operation of law); provided that Executive must provide written notice
to the Company of the occurrence of any of the foregoing events or conditions within 60 days of the occurrence of such event
and such event or condition must remain uncured for 30 days following the Company’s receipt of such written notice. Any voluntary
termination for “Good Reason” following such 30 day cure period must occur no later than the date that is 60 days
following the expiration of the Company’s cure period.


 


(h)            “Qualifying
Termination” means (i) a termination by Executive of Executive’s employment with the Company for Good
Reason or (ii) a termination by the Company of Executive’s employment with the Company without Cause, in either case,
that occurs during the period beginning on the date of the Change of Control and ending on (and including) the day prior to the
first anniversary of the Change of Control.


 


(i)            “Separation
from Service” means a “separation from service” with the Company as such term is defined in Treasury
Regulation Section 1.409A-1(h) and any successor provision thereto.


 


2.            Change
of Control and Severance Benefits.


 


(a)            Severance
Upon Qualifying Termination. If Executive has a Qualifying Termination, then subject to (x) the requirements of this
Section 2, (y) the Executive’s continued compliance with Section 4 of this Agreement, and (z) the terms
of Section 7(h), Executive shall be entitled to receive the following payments and benefits:


 


(i)            The
Company shall pay to Executive (A) Executive’s fully earned but unpaid base salary through the date of Executive’s
termination of employment, (B) any accrued but unpaid paid time off and (C) any other amounts or benefits, if any, under
the Company’s employee benefit plans, programs or arrangements to which Executive may be entitled pursuant to the terms of
such plans, programs or arrangements or applicable law, payable in accordance with the terms of such plans, programs or arrangements
or as otherwise required by applicable law (collectively, the “Accrued Rights”);


 



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(ii)            Continued
payment of the Base Salary for a period of 6 months following the termination date in accordance with the Company’s ordinary
payroll practices;


 


(iii)            The
amount of any earned (notwithstanding any requirement to remain employed by the Company on the payment date) but unpaid annual
bonus for the year immediately prior to the year in which Executive’s Qualifying Termination occurs, as determined by the
Board (or an authorized committee) in its good faith discretion, payable in a lump sum at the same time annual bonuses are paid
to other Company executives generally but in no event later than December 31 of the year in which Executive’s Qualifying
Termination occurs; provided that Executive acknowledges that Executive
will not receive any cash bonus amount in respect of the 2019 performance year in accordance with the terms of the Company’s
annual cash bonus plan; and


 


(iv)            If
Executive timely elects continued coverage under COBRA for Executive and Executive’s covered dependents under the Company’s
group health plans following such Qualifying Termination, then the Company shall pay the COBRA premiums necessary to continue Executive’s
and Executive’s covered dependents’ health insurance coverage in effect on the termination date until the earliest
of (x) 6 months following the effective date of such Qualifying Termination, (y) the date when Executive becomes eligible
for substantially equivalent health insurance coverage in connection with new employment (and Executive agrees to promptly notify
the Company of such eligibility) and (z) the date Executive ceases to be eligible for COBRA continuation coverage for any
reason, including plan termination (such period from the Qualifying Termination date through the earlier of (x)-(z), the “COBRA
Payment Period”). Notwithstanding the foregoing, if at any time the Company determines that its payment of COBRA
premiums on Executive’s behalf would result in a violation of applicable law (including but not limited to the 2010 Patient
Protection and Affordable Care Act, as amended by the 2010 Health Care and Education Reconciliation Act) or subject the Company
to an excise tax, then in lieu of paying COBRA premiums pursuant to this subsection (iv), the Company shall reimburse Executive
on the last day of each remaining month of the COBRA Payment Period in the form of a fully taxable cash payment equal to the COBRA
premium paid by Executive for such month, subject to applicable tax withholdings and deductions.


 


(b)            Other
Terminations. Upon Executive’s termination of employment for any reason other than as set forth in Section 2(a),
the Company shall pay to Executive the Accrued Rights and shall have no other or further obligations to Executive under this Agreement.


 


(c)            Release.
As an additional condition to Executive’s receipt of any amounts set forth in Section 2(a) other than the Accrued
Rights, Executive shall execute and not revoke a general release of all claims in favor of the Company (the “Release”)
in the form substantially similar to the form attached hereto as Exhibit A (and any statutorily prescribed revocation
period applicable to such Release shall have expired) within the 30 day period following the date of Executive’s Qualifying
Termination, or in the event that such Qualifying Termination is “in connection with an exit incentive or other employment
termination program” (as such phrase is defined in the Age Discrimination in Employment Act of 1967, as amended), the date
that is 60 days following the date of Executive’s Qualifying Termination.


 



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(d)            Exclusive
Remedy; Other Arrangements. Except as otherwise expressly required by law (e.g., COBRA) or as specifically provided herein,
all of Executive’s rights to salary, severance, benefits, bonuses and other amounts (if any) accruing after the termination
of Executive’s employment for any reason shall cease upon such termination. In addition, the severance payments provided
for in Section 2(a) above are intended to be paid in lieu of any severance payments Executive may otherwise be entitled
to receive under any other plan, program, policy, contract or agreement with the Company or any of its Affiliates, including for
the avoidance of doubt, any employment agreement or offer letter (collectively, “Other Arrangements”).
Therefore, in the event Executive becomes entitled to receive the severance payments and benefits provided under Section 2(a),
Executive shall receive the amounts provided under that Section of this Agreement and shall not be entitled to receive any
severance payments or severance benefits pursuant to any Other Arrangements; provided, however, that the other terms and
conditions of any Other Arrangement that do not provide for termination pay or benefits, including any non-competition, non-solicitation,
non-disparagement, confidentiality, assignment of inventions covenants and other similar covenants contained therein, shall remain
in effect in accordance with their terms.


 


(e)            Parachute
Payments.


 


(i)            Notwithstanding
anything in this Agreement or any other agreement between Executive and the Company (or any of its subsidiaries or Affiliates)
to the contrary, in the event that the provisions of Section 280G of the Code relating to “parachute payments”
(as defined in the Code) shall be applicable to any payment or benefit received or to be received by Executive from the Company
or its Affiliates in connection with a change in the ownership or effective control of the Company within the meaning of Section 280G
of the Code (a “Change of Control Transaction”) (collectively, “Payments”),
then any such Payments shall be equal to the Reduced Amount; where the “Reduced Amount” is (1) the
largest portion of the Payments that will result in no portion of such Payments being subject to the excise tax imposed by Section 4999
of the Code, or (2) the entire amount of the Payments otherwise scheduled to be paid (without reduction), whichever of the
forgoing amounts after taking into account all applicable federal, state and local employment taxes, income taxes and the excise
tax of Section 4999 of the Code (all computed at the highest applicable merged rate, net of the maximum reduction in federal
income taxes which could be obtained from a deduction of all state and local taxes), results in Executive’s receipt, on
an after-tax basis, of the greatest amount of Payments. If subsection (1) above applies and a Reduced Amount of the Payments
is payable, then any reduction of Payments required by such provision shall occur in the following order: (i) first, a reduction
of any Payments that are exempt from Section 409A in a manner the Company reasonably determines will provide Executive with
the greatest post-reduction economic benefit and (ii) second, a reduction of any Payments that are subject to Section 409A
on a pro-rata basis or such other manner that complies with Section 409A, as reasonably determined by the Company.


 


(ii)            In
connection with a Change of Control Transaction, the Company shall engage a certified public accounting firm (“Accountants”)
at its expense to perform the calculations to determine if the Payments to Executive would reasonably be subject to Section 280G
of the Code, and the Company shall use commercially reasonable efforts to (1) cause the Accountants to finalize such calculations
and (2) deliver such calculations and supporting documentation to Executive, by no later than five (5) days before the
closing of the Change of Control Transaction. In the event it is later determined that a greater reduction in the Payments should
have been made to implement the objective and intent of this Section, the excess amount shall be returned immediately by Executive
to the Company.


 



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(f)            Withholding.
All compensation and benefits to Executive hereunder shall be reduced by all required federal, state and local withholdings and
any other required or permitted deductions.


 


3.            Condition
to Severance Obligations. The Company shall be entitled to cease all severance payments and benefits to Executive in the
event of Executive’s breach of Section 4 of this Agreement, the Release or any other material agreement with the Company
or any of its Affiliates, which, to the extent such breach can be fully cured, remains uncured for 30 days following Executive’s
receipt of written notice thereof.


 


4.            Future
Conduct.


 


(a)            Mutual
Non-disparagement. Executive agrees not to make disparaging, critical or otherwise detrimental comments to any person or entity
concerning the Company or Parent, their officers, directors or employees; the products, services or programs provided or to be
provided by the Company or Parent; the business affairs, operation, management or the financial condition of the Company or Parent;
or the circumstances surrounding Executive’s employment and/or separation of employment from the Company. In addition, the
Company shall cause its officers and members of the Board not to make disparaging, critical or otherwise detrimental comments
to any person or entity not employed or retained by the Company concerning Executive, or Executive’s role with the Company
or the circumstances surrounding Executive’s employment and/or separation of employment from the Company. Nothing in this
section shall preclude either party from making truthful statements that are reasonably necessary to comply with applicable law,
regulation or legal process, or to defend or enforce a party’s rights under this Agreement.


 


(b)            Cooperation.
To the extent requested by the Company or Parent and at mutually agreeable times and upon reasonable notice from the Company or
Parent, Executive agrees to assist the Company in the prosecution or defense of any threatened or pending litigation, administrative
proceeding, or government investigation in which the Company or any of its Affiliates is a party and which concerns matters arising
during the term of Executive’s employment by the Company, including but not limited to providing requested information, reviewing
documents or other information concerning Executive’s employment with the Company (but not any claims arising under this
Agreement), participating in telephonic and/or in-person meetings and preparing materials to assist with such actual or threatened
legal action. The Company will use commercially reasonable efforts to arrange such cooperation so as not to unreasonably interfere
with Executive’s subsequent employment or business ventures or academic pursuits, including to the extent practical scheduling
such cooperation outside of business hours at Executive’s request. Executive agrees to maintain the confidentiality of any
information that Executive learns in the course of providing the foregoing cooperation. Executive further agrees to use reasonable
efforts to promptly notify the Company’s or Parent’s General Counsel by phone and electronic mail, in the event Executive
is contacted by anyone regarding any pending or threatened litigation, administrative proceeding, or government investigation in
which the Company is involved in any manner. The Company agrees to reimburse Executive for any reasonable out-of-pocket costs and
expenses associated with such cooperation.


 



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(c)            Permitted
Disclosures. The parties acknowledge and agree that nothing in this Agreement or any other agreement Executive may have with
the Company prevents or shall be construed to prevent Executive from reporting possible violations of federal law or regulation
to any United States governmental agency or entity in accordance with the provisions of and rules promulgated under Section 21F
of the Securities Exchange Act of 1934 or Section 806 of the Sarbanes-Oxley Act of 2002, or any other whistleblower protection
provisions of state or federal law or regulation, or from receiving an award for information provided to any such government agencies.
Furthermore, in accordance with 18 U.S.C. § 1833, the Company hereby notifies Executive that: (a) Executive shall not
be in breach of this Agreement or any other agreement Executive may have with the Company, and shall not be held criminally or
civilly liable under any Federal or State trade secret law (i) for the disclosure of a trade secret that is made in confidence
to a Federal, State, or local government official or to Executive’s attorney solely for the purpose of reporting or investigating
a suspected violation of law, or (ii) for the disclosure of a trade secret that is made in a complaint or other document filed
in a lawsuit or other proceeding, if such filing is made under seal, and (b) if Executive files a lawsuit for retaliation
by the Company for reporting a suspected violation of law, Executive may disclose the trade secret to Executive’s attorney,
and may use the trade secret information in the court proceeding, if Executive files any document containing the trade secret under
seal, and does not disclose the trade secret, except pursuant to court order.


 


5.            Agreement
to Arbitrate. Except as otherwise provided herein, any controversy, claim or dispute arising out of or relating to
this Agreement, shall be settled solely and exclusively by binding arbitration administered by JAMS in the Commonwealth of Massachusetts.
The arbitration will be administered in accordance with, and pursuant to, the then prevailing JAMS Streamlined Arbitration Rules &
Procedures, available at https://www.jamsadr.com/rules-streamlined-arbitration/, with the following exceptions if in conflict:
(a) one arbitrator shall be chosen by JAMS; (b) each party to the arbitration will pay its pro rata share of the expenses
and fees of the arbitrator, provided that the cost of the arbitrator and other incidental costs of arbitration that would not
otherwise be incurred in a court proceeding shall be paid for by the Company; and (c) arbitration may proceed in the absence
of any party if written notice (pursuant to the applicable JAMS’ rules and regulations) of the proceedings has been
given to such party. Any dispute about the interpretation, applicability, enforceability or validity of this Section 5, or
whether any issue is subject to arbitration under this Section 5, will be determined by the arbitrator. Each party shall
bear its own attorneys’ fees and expenses. The parties agree to abide by all decisions and awards rendered in such proceedings.
Such decisions and awards rendered by the arbitrator shall be final and conclusive. All such controversies, claims or disputes
shall be settled in this manner in lieu of any action at law or equity.


 


6.            At-Will
Employment Relationship. Executive’s employment with the Company is at-will and not for any specified period
and may be terminated at any time, with or without Cause or advance notice, by either Executive or the Company. Any change to
the at-will employment relationship must be by specific, written agreement signed by Executive and an authorized representative
of the Company. Nothing in this Agreement is intended to or should be construed to contradict, modify or alter this at-will relationship.


 



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7.            General
Provisions.


 


(a)            Successors
and Assigns. The rights of the Company under this Agreement may, without the consent of Executive, be assigned by the Company
to any person, firm, corporation or other business entity which at any time, whether by purchase, merger or otherwise, directly
or indirectly, acquires all or substantially all of the assets or business of the Company or to any of its Affiliates. The Company
will require any successor (whether direct or indirect, by purchase, merger or otherwise) to all or substantially all of the business
or assets of the Company to assume this Agreement. Executive shall not be entitled to assign any of Executive’s rights or
obligations under this Agreement. This Agreement shall inure to the benefit of and be enforceable by Executive’s personal
or legal representatives, executors, administrators, successors, heirs, distributees, devisees and legatees.


 


(b)            Severability.
In the event any provision of this Agreement is found to be unenforceable by an arbitrator or court of competent jurisdiction,
such provision shall be deemed modified to the extent necessary to allow enforceability of the provision as so limited, it being
intended that the parties shall receive the benefit contemplated herein to the fullest extent permitted by law. If a deemed modification
is not satisfactory in the judgment of such arbitrator or court, the unenforceable provision shall be deemed deleted, and the validity
and enforceability of the remaining provisions shall not be affected thereby.


 


(c)            Interpretation;
Construction. The headings set forth in this Agreement are for convenience only and shall not be used in interpreting this
Agreement. This Agreement has been drafted by legal counsel representing the Company, but Executive has participated in the negotiation
of its terms. Furthermore, Executive acknowledges that Executive has had an opportunity to review and revise the Agreement and,
therefore, the normal rule of construction to the effect that any ambiguities are to be resolved against the drafting party
shall not be employed in the interpretation of this Agreement. Either party’s failure to enforce any provision of this Agreement
shall not in any way be construed as a waiver of any such provision, or prevent that party thereafter from enforcing each and every
other provision of this Agreement.


 


(d)            Governing
Law and Venue. This Agreement will be governed by and construed in accordance with the laws of the United States and the Commonwealth
of Massachusetts applicable to contracts made and to be performed wholly within such Commonwealth, and without regard to the conflicts
of laws principles that would result in the application of the laws of another jurisdiction; provided, however, that Section 5
of this Agreement shall be governed by the Federal Arbitration Act.


 


(e)            Notices.
Any notice required or permitted by this Agreement (other than notice required to be delivered by telephone or email under Section 4(c))
shall be in writing and shall be delivered as follows with notice deemed given as indicated: (i) by personal delivery when
delivered personally; (ii) by overnight courier upon written verification of receipt; (iii) by telecopy or facsimile
transmission upon acknowledgment of receipt of electronic transmission; (iv) by certified or registered mail, return receipt
requested, upon verification of receipt. Notice shall be sent to Executive at the most recent address for Executive set forth in
the Company’s personnel files and to the Company at its principal place of business addressed to the attention of the Company’s
General Counsel, or such other address as either party may specify in writing.


 



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(f)            Survival.
Sections 2 (“Severance”), 3 (“Condition to Severance Obligations”), 4 (“Future Conduct”),
5 (“Agreement to Arbitrate”) and 7 (“General Provisions”) of this Agreement, as well as the Release, shall
survive termination of Executive’s employment with the Company.


 


(g)            Entire
Agreement. Except as set forth in Section 2(d), this Agreement constitutes the entire agreement between the parties in
respect of the subject matter contained herein and supersedes all prior or simultaneous representations, discussions, negotiations,
and agreements, whether written or oral, with respect to the subject matter contained herein; provided, however, that this Agreement
does not supersede any pre-existing restrictive covenants. This Agreement may be amended or modified only with the written consent
of Executive and an authorized representative of the Company. No oral waiver, amendment or modification will be effective under
any circumstances whatsoever.


 


(h)            Code
Section 409A.


 


(i)            The
intent of the parties is that the payments and benefits under this Agreement comply with or be exempt from Section 409A of
the Code and the regulations and guidance promulgated thereunder (collectively, “Section 409A”)
and, accordingly, to the maximum extent permitted, this Agreement shall be interpreted to be in compliance therewith.


 


(ii)            Notwithstanding
anything in this Agreement to the contrary, any compensation or benefits payable under this Agreement upon Executive’s termination
of employment shall be payable only upon Executive’s “separation from service” with the Company within the meaning
of Section 409A (a “Separation from Service”) and, except as provided below, any such compensation
or benefits shall not be paid, or, in the case of installments, shall not commence payment, until the 60th day following Executive’s
Separation from Service (the “First Payment Date”). Any installment payments that would have been made
to Executive during the 60 day period immediately following Executive’s Separation from Service but for the preceding
sentence shall be paid to Executive on the First Payment Date and the remaining payments shall be made as provided in this Agreement.


 


(iii)            Notwithstanding
anything in this Agreement to the contrary, if Executive is deemed by the Company at the time of Executive’s Separation from
Service to be a “specified employee” for purposes of Section 409A, to the extent delayed commencement of any portion
of the benefits to which Executive is entitled under this Agreement is required in order to avoid a prohibited distribution under
Section 409A, such portion of Executive’s benefits shall not be provided to Executive prior to the earlier of (i) the
expiration of the six-month period measured from the date of Executive’s Separation from Service with the Company or (ii) the
date of Executive’s death. Upon the first business day following the expiration of the applicable Section 409A period,
all payments deferred pursuant to the preceding sentence shall be paid in a lump sum to Executive (or Executive’s estate
or beneficiaries), and any remaining payments due to Executive under this Agreement shall be paid as otherwise provided herein.


 



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(iv)            Executive’s
right to receive any installment payments under this Agreement shall be treated as a right to receive a series of separate payments
and, accordingly, each such installment payment shall at all times be considered a separate and distinct payment as permitted under
Section 409A. Except as otherwise permitted under Section 409A, no payment hereunder shall be accelerated or deferred
unless such acceleration or deferral would not result in additional tax or interest pursuant to Section 409A.


 





(v)            If
and to the extent that reimbursements or other in-kind benefits under this Agreement constitute “nonqualified deferred compensation”
for purposes of Section 409A, (i) all such expenses or other reimbursements hereunder will be made on or prior to the
last day of Executive’s taxable year following the taxable year in which such expenses were incurred by Executive, (ii) any
right to reimbursement or in-kind benefits will not be subject to liquidation or exchange for another benefit, (iii) the
amount of expenses eligible for reimbursement, or the in-kind benefits provided, during any taxable year of Executive will not
affect the expenses eligible for reimbursement, or the in-kind benefits to be provided, in any other taxable year of Executive,
and (iv) any reimbursement will be for expenses incurred during the period of time specified in this Agreement and if no
time period is specified, will be for expenses incurred during Executive’s lifetime.


 


(i)            Consultation
with Legal and Financial Advisors. By executing this Agreement, Executive acknowledges that this Agreement confers significant
legal rights, and may also involve the waiver of rights under other agreements; that the Company has encouraged Executive to consult
with Executive’s personal legal and financial advisors; and that Executive has had adequate time to consult with Executive’s
advisors before executing this Agreement.


 


(j)            Counterparts.
This Agreement may be executed in multiple counterparts, each of which shall be deemed an original but all of which together shall
constitute one and the same instrument. Counterparts may be delivered via facsimile, electronic mail (including PDF or any electronic
signature) or other transmission method.


 


[Signature Page Follows]


 



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THE PARTIES TO THIS
AGREEMENT HAVE READ THE FOREGOING AGREEMENT AND FULLY UNDERSTAND EACH AND EVERY PROVISION CONTAINED HEREIN. WHEREFORE, THE PARTIES
HAVE EXECUTED THIS AGREEMENT ON THE DATES SHOWN BELOW.


 


	 	CARE.COM, INC.
	 	 	 
	 	 	 
	 	By:	/s/ Melanie Goins                
	 	Name:	 Melanie Goins
	    	Title:	General Counsel
	 	 	 
	 	 	 
	 	EXECUTIVE
	 	 	 
	 	 	 
	 	/s/ Michael Goss
	 	Michael Goss




 



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exhibit A


 


GENERAL
RELEASE OF CLAIMS


 


[The language in
this Release may change based on legal developments and evolving best practices; this form is provided as an example of what will
be included in the final Release document.]


 


This General Release
of Claims (“Release”) is entered into as of this _____ day of ________, ____, between [______] (“Executive”),
and [________] (the “Company”) (collectively referred to herein as the “Parties”).


 


WHEREAS, Executive
and the Company are parties to that certain Executive Severance Agreement dated as of __________, ____ (the “Agreement”);


 


WHEREAS, the Parties
agree that Executive is entitled to certain severance benefits under the Agreement, subject to Executive’s execution of this
Release and continued compliance with the terms of the Agreement and the Restrictive Covenants Agreement (as defined below); and


 


WHEREAS, the Company
and Executive now wish to fully and finally resolve all matters between them.


 


NOW, THEREFORE, in
consideration of, and subject to, the severance benefits payable to Executive pursuant to the Agreement, the adequacy of which
is hereby acknowledged by Executive, and which Executive acknowledges that he or she would not otherwise be entitled to receive,
Executive and the Company hereby agree as follows:


 


1.            General
Release of Claims by Executive.


 


(a)            Executive,
on behalf of himself or herself and his or her executors, heirs, administrators, representatives and assigns (collectively, the
 "Releasors"), hereby voluntarily, knowingly and willingly agrees to release and forever discharge the
Company and all of the Company’s predecessors, successors, assigns and each of their respective parent corporations, affiliates,
related, and/or subsidiary entities, and all of their past and present members, investors, directors, shareholders, officers,
general or limited partners, employees, attorneys, creditors, agents and representatives, and each of their subsidiaries, affiliates,
estates, predecessors, successors and assigns (collectively, the “Company Releasees”), from any and
all claims, debts, demands, accounts, judgments, rights, actions, causes of action, obligations, damages, costs, charges, complaints,
obligations, promises, agreements, controversies, suits, expenses, sums of money, compensation, responsibility and liability of
every kind and character whatsoever (including attorneys’ fees and costs), whether in law or equity, known or unknown, asserted
or unasserted, suspected or unsuspected (collectively, “Claims”), which Executive or any of the other
Releasors ever had, now has or may hereafter claim to have against the Company Releasees by reason of any matter, cause or thing
whatsoever, arising from the beginning of time through the date Executive signs this Release, in each case, relating in any way
to Executive’s employment by or service to the Company, IAC/InterActiveCorp or any of their respective subsidiaries,
including, without limitation, any such Claims: (A) arising under any federal, state, or local laws, including, without limitation,
Title VII of the Civil Rights Act of 1964, 42 U.S.C. Section 2000, et seq.; the Americans with Disabilities Act, 42 U.S.C.
 § 12101 et seq.; the Rehabilitation Act of 1973, 29 U.S.C. § 701 et seq.; the Civil Rights
Act of 1866, and the Civil Rights Act of 1991; 42 U.S.C. Section 1981, et seq.; the Age Discrimination in Employment
Act, 29 U.S.C. Section 621, et seq. (the “ADEA”); the Equal Pay Act, 29 U.S.C. Section 206(d);
the Family and Medical Leave Act, 29 U.S.C. § 2601 et seq.; the Fair Labor Standards Act
of 1938, 29 U.S.C. § 201 et seq.; the Employee Retirement Income Security Act, 29 U.S.C. § 1001
et seq.; the Massachusetts Fair Employment Practices Act, M.G.L. c. 151B, § 1 et seq.; the Massachusetts Civil
Rights Act, M.G.L. c. 12, §§ IIH and 111; the Massachusetts Equal Rights Act, M.G.L. c. 93, § 102 and M.G.L. c.
214, § IC; the Massachusetts Labor and Industries Act, M.G.L. c. 149, § 1 et seq.; the Massachusetts Privacy
Act, M.G.L. c. 214, § 1B; the Massachusetts Wage Act, M.G.L. c. 149, § 148; the Massachusetts Maternity Leave Act, M.G.L.
c. 49, § 105D; and any similar federal, state or local law that may be legally waived, all as amended; (B) relating
to wrongful discharge, constructive discharge, breach of express or implied contract, tort, fraud, misrepresentation, or defamation;
or (C) arising under or relating to any policy, agreement, understanding or promise, written or oral, formal or information,
between the Company or any other Company Releasees and the Executive.


 



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Notwithstanding the
generality of the foregoing, Executive does not release the following:


 


(i)            Claims
for unemployment compensation or any state disability insurance benefits pursuant to the terms of applicable state law;


 


(ii)           Claims
for workers’ compensation insurance benefits under the terms of any worker’s compensation insurance policy or fund
of the Company;


 


(iii)          Claims
pursuant to the terms and conditions of the federal law known as COBRA;


 


(iv)          Claims
for indemnity under the bylaws of the Company or its affiliates, as provided for by law or under any applicable insurance policy
with respect to Executive’s liability as an employee, director or officer of the Company pursuant to which Executive is covered
as of the effective date of Executive’s termination of employment with the Company and its subsidiaries;


 


(v)           Claims
for payment under Section 2(a), as applicable, of the Agreement;


 


(vi)          Executive’s
rights to vested Company equity securities; and


 


(vii)         Any
rights that cannot be released as a matter of applicable law, but only to the extent such rights may not be released under such
applicable law.


 


Further, this Release does not prevent
Executive from reporting possible violations of federal law or regulation to any United States governmental agency or entity in
accordance with the provisions of and rules promulgated under Section 21F of the Securities Exchange Act of 1934 or Section 806
of the Sarbanes-Oxley Act of 2002, or any other whistleblower protection provisions of state or federal law or regulation, or from
receiving an award for information provided to any such government agencies.


 



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(b)            Executive
acknowledges and agrees that the Company and the Company Releasees have fully satisfied any and all obligations owed to Executive
arising out of or relating to Executive’s employment with the Company, IAC/InterActiveCorp or any of their respective
subsidiaries, and that, other than as expressly provided in the Agreement, no further sums, payments or benefits are owed to Executive
by the Company or any of the Company Releasees in respect of such service.


 


(c)            Executive
acknowledges that this Release was presented to him or her on the date indicated above and that Executive is entitled to have [twenty-one
(21)/forty-five (45)] days’ time in which to consider it, and that any changes to this Release made after the date hereof,
whether material or immaterial, shall not start another [twenty-one (21)/forty-five (45)] day consideration period. Executive further
acknowledges that the Company has advised him or her that he or she is waiving his or her rights under the ADEA, and that Executive
should consult with an attorney of his or her choice before signing this Release, and Executive has had sufficient time to consider
the terms of this Release. Executive represents and acknowledges that if Executive executes this Release before [twenty-one (21)/forty-five
(45)] days have elapsed, Executive does so knowingly, voluntarily, and upon the advice and with the approval of Executive’s
legal counsel (if any), and that Executive voluntarily waives any remaining consideration period.


 


(d)            Executive
understands that after executing this Release, Executive has the right to revoke it within seven (7) business days after his
or her execution of it. Executive understands that this Release will not become effective and enforceable unless the seven (7) business
day revocation period passes and Executive does not revoke the Release in writing. Executive understands that this Release may
not be revoked after the seven (7) business day revocation period has passed. Executive also understands that any revocation
of this Release must be made in writing and delivered to the Company at its principal place of business within the seven (7) business
day period.


 


(e)            Executive
understands that this Release shall become effective, irrevocable, and binding upon Executive on the day following the seventh
(7th) business day from the date upon which Executive signs this Release, so long as Executive has not revoked it within the time
period and in the manner specified in clause (c) above. Executive further understands that Executive will not be given
any severance benefits under the Agreement unless this Release becomes effective pursuant to its terms.


 


2.            Restrictive
Covenants. Executive acknowledges that Executive remains bound by the Restrictive Covenants Agreement, which is incorporated
by reference herein as if re-executed along with this Agreement. For purposes of this Release, “Restrictive Covenants
Agreement” shall mean, collectively, the Invention and Non-Disclosure Agreement between the Company and Executive,
dated November 1, 2012 and the Non-Competition and Non-Solicitation Agreement between the Company and Executive, dated November 1,
2012.


 


3.            No
Assignment. Subject to Section 4(d) of the Agreement, Executive represents and warrants to the Company Releasees
that there has been no assignment or other transfer of any interest in any Claim that Executive may have against the Company Releasees.
Subject to section 4(d) of the Agreement, Executive agrees to indemnify and hold harmless the Company Releasees from any liability,
claims, demands, damages, costs, expenses and attorneys’ fees incurred as a result of any such assignment or transfer from
Executive.


 



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4.            Severability.
In the event any provision of this Release is found to be unenforceable by an arbitrator or court of competent jurisdiction, such
provision shall be deemed modified to the extent necessary to allow enforceability of the provision as so limited, it being intended
that the parties shall receive the benefit contemplated herein to the fullest extent permitted by law. If a deemed modification
is not satisfactory in the judgment of such arbitrator or court, the unenforceable provision shall be deemed deleted, and the validity
and enforceability of the remaining provisions shall not be affected thereby.


 


5.            Interpretation;
Construction. The headings set forth in this Release are for convenience only and shall not be used in interpreting this Agreement.
This Release has been drafted by legal counsel representing the Company, but Executive has participated in the negotiation of its
terms. Furthermore, Executive acknowledges that Executive has had an opportunity to review and revise the Release and have it reviewed
by legal counsel, if desired, and, therefore, the normal rule of construction to the effect that any ambiguities are to be
resolved against the drafting party shall not be employed in the interpretation of this Release. Either party’s failure to
enforce any provision of this Release shall not in any way be construed as a waiver of any such provision, or prevent that party
thereafter from enforcing each and every other provision of this Release.


 


6.            Governing
Law and Venue. This Release will be governed by and construed in accordance with the laws of the United States and the Commonwealth
of Massachusetts applicable to contracts made and to be performed wholly within such Commonwealth, and without regard to the conflicts
of laws principles that would result in the application of the laws of another jurisdiction. Any suit brought hereon shall be
brought pursuant to Section 5 of the Agreement; provided, however, that nothing in Section 5 of the Agreement shall
be construed as precluding the filing of a civil action in a court of competent jurisdiction to enforce the non-competition and
non-solicitation covenants set forth in Section 2 of this Release. In the event of any controversy, claim or dispute arising
out of or relating to Section 2 of this Release, Executive or the Company may apply to any court of competent jurisdiction
for a temporary restraining order, preliminary injunction or similar relief in order to preserve the status quo or prevent irreparable
injury pending the full and final resolution of such dispute through arbitration pursuant to Section 5 of the Agreement. 
For the avoidance of doubt, a court of competent jurisdiction shall have the exclusive authority to resolve any controversy, claim
or dispute involving injunctive relief pursuant to Section 5 of the Agreement.


 


7.            Entire
Agreement. This Release and the Agreement constitute the entire agreement of the Parties in respect of the subject matter contained
herein and therein and supersede all prior or simultaneous representations, discussions, negotiations and agreements, whether written
or oral. This Release may be amended or modified only with the written consent of Executive and an authorized representative of
the Company. No oral waiver, amendment or modification will be effective under any circumstances whatsoever.


 


8.            Counterparts.
This Release may be executed in multiple counterparts, each of which shall be deemed to be an original but all of which together
shall constitute one and the same instrument. Counterparts may be delivered via facsimile, electronic mail (including PDF or any
electronic signature) or other transmission method.


 


[Signature Page Follows]


 



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IN WITNESS WHEREOF,
and intending to be legally bound, the Parties have executed the foregoing Release as of the date first written above.


 


		 	 	CARE.COM, INC.
	 	 	 	 	 
	Dated:	 	 	By:	     
		 	 	Name:	                     
		 	 	Title:	
	 	 	 	 	 
	 	 	 	 	 
		 	 	EXECUTIVE
	 	 	 	 	 
	 	 	 	 	 
	Dated:	 	 	 
		 	 	Michael Goss




 



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