Document:

Escrow Agreement, dated August 23, 2010

  
 Exhibit 10.2 

EXHIBIT A to CONFIDENTIAL SETTLEMENT AGREEMENT AND MUTUAL 

GENERAL RELEASE OF ALL CLAIMS 
 CONFIDENTIAL ESCROW AGREEMENT 
 This CONFIDENTIAL ESCROW AGREEMENT (the
“Agreement”) has an effective date of August 18 2010, and is entered by and among Robert Hoult (“Hoult”), Banks.com, Inc. (“Banks.com”), and Deutsche Bank National Trust Company (“DBNTC” or
“Escrow Agent”). 
 For good and valuable consideration, the receipt and adequacy of which are hereby acknowledged by
each of the parties hereto, the parties hereto, intending to be legally bound, do hereby agree as follows: 
 Section 1.
Appointment of Escrow Agent. Hoult and Banks.com hereby appoint Deutsche Bank National Trust Company as Escrow Agent in accordance with the terms and conditions set forth herein, and the Escrow Agent hereby accepts such appointment. Hoult
shall deliver to the Escrow Agent a copy of his driver’s license and executed W-9 form when he provides his executed copy of this Agreement, and Banks.com,shall deliver to the Escrow Agent a copy of its executed W-9 form when it provides its
executed copy of this Agreement. Hoult’s current email address is houltr@gmail.com and Banks.com’s current email address, through its President and Chief Executive Officer, Daniel O’Donnell (“O’Donnell”), is
dodonnell@banks.com. 
 Section 2. Deposit of the Escrow Property. Within one (1) business day of the execution of
this Agreement by all parties hereto, Hoult shall cause to be deposited with the Escrow Agent 622,673 shares of common stock of Banks.com, Inc., which shall be held (and ultimately transferred) by the Escrow Agent upon the terms and conditions
hereinafter set forth. The Hoult Shares are also collectively referred to herein as the “Escrow Property.” The Escrow Agent shall have no duty to solicit the Escrow Property. 

Section 3. Distribution of Escrow Property. The Escrow Agent shall hold the Escrow Property in its possession until a transfer is
appropriate in accordance with the following terms and escrow instructions: 
 The Hoult Shares are to be held in escrow by the
Escrow Agent. Only upon receipt by the Escrow Agent of copies of both 1) a file-stamped order of the San Francisco County Superior Court entering the dismissal with prejudice as to Hoult of Case No. CGC-10-497625 (the “Derivative Action”),
and 2) a file-stamped order of the U.S. District Court for the Northern District of California entering the dismissal with prejudice of Case No. 3:09-CV-06039-WHA (the “Federal Action”) as against Hoult and MoxieSearch.com shall the
Escrow Agent as immediately as 

  
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reasonably possible (and by no later than two (2) business days after its receipt of both file-stamped court orders) transfer the Hoult Shares to Banks.com, Inc. pursuant to written
instructions that shall be provided by O’Donnell, acting as the President and Chief Executive Officer of Banks.com. If either or both of the file-stamped court orders has/have not been issued by the respective courts within thirty
(30) calendar days of the date that Hoult places the Hoult Shares in escrow with the Escrow Agent, Hoult may cancel this escrow account and re-claim the Hoult Shares by providing notice of cancellation in any written form to the Escrow Agent,
which shall, upon receiving notice of cancellation by Hoult, immediately cancel the escrow account and transfer the Hoult Shares back to Hoult. 
 Section 4. Termination. This Escrow Agreement shall terminate upon the distribution of all Escrow Property from the account established hereunder. The provisions of Sections 6, 8, and 9 below shall
survive the termination of this Escrow Agreement, and the earlier resignation or removal of the Escrow Agent if resignation or removal of the Escrow Agent occurs. 
 Section 5. Compensation of Escrow Agent. The Escrow Agent shall charge $2,500.00 as the fees and expenses for all services rendered by it under this Agreement, which charge shall be paid by Hoult.

 Section 6. Resignation of Escrow Agent. The Escrow Agent may resign and be discharged from its duties hereunder at any
time by giving thirty (30) calendar days’ prior written notice of such resignation to Hoult and Banks.com. Either Hoult or Banks.com may remove the Escrow Agent at any time by giving thirty (30) calendar days’ prior written
notice to the Escrow Agent and to each other. Upon such notice, a successor escrow agent shall be appointed by Hoult and Banks.com, who shall provide joint written notice of such to the resigning Escrow Agent. Such successor escrow agent shall
become the escrow agent hereunder upon the resignation or removal date specified in such notice. If Hoult and Banks.com are unable to agree upon a successor escrow agent within thirty (30) days after such notice, the Escrow Agent may, in its
sole discretion, deliver the Escrow Property to Hoult at the address provided herein, or may apply to a court of competent jurisdiction for the appointment of a successor escrow agent or for other appropriate relief. The costs and expenses
(including its attorneys’ fees and expenses) incurred by the Escrow Agent in connection with such proceeding shall be paid by Hoult and Banks.com jointly and severally. Upon receipt of the identity of the successor escrow agent, the Escrow
Agent shall either deliver the Escrow Property then held hereunder to the successor escrow agent. Upon its resignation and delivery of the Escrow Property as set forth in this Section 6, the Escrow Agent shall be discharged of and from any and
all further obligations arising in connection with the Escrow Property or this Agreement. 
 Section 7. Indemnification of
Escrow Agent. Hoult shall indemnify, defend, and hold harmless the Escrow Agent and its officers, directors, employees, representatives, and agents, from and against, and reimburse the Escrow Agent for, any and all claims, expenses,

  
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obligations, liabilities, losses, damages, injuries (to person, property, or natural resources), penalties, stamp, or other similar taxes, actions, suits, judgments, reasonable costs and expenses
(including reasonable attorneys’ fees and expenses) of whatever kind or nature regardless of their merit, demanded, asserted, or claimed against the Escrow Agent directly or indirectly relating to, or arising from, claims against the Escrow
Agent by reason of its participation in the transactions contemplated hereby, including without limitation all reasonable costs required to be associated with claims for damages to persons or property, and reasonable attorneys’ and
consultants’ fees and expenses and court costs, except to the extent caused by the Escrow Agent’s negligence or willful misconduct. The provisions of this Section 7 shall survive the termination of this Agreement or the earlier
resignation or removal of the Escrow Agent. 
 Section 8. The Escrow Agent. 

(a) The duties, responsibilities, and obligations of Escrow Agent shall be limited to those expressly set forth herein, and no duties,
responsibilities, or obligations shall be inferred or implied against the Escrow Agent. The Escrow Agent shall not be subject to, nor required to comply with, any other agreement to which Hoult or Banks.com is a party, even though reference thereto
may be made herein, or to comply with any direction or instruction (other than those contained herein or delivered in accordance with this Escrow Agreement) from Hoult or Banks.com or any person acting on behalf of either Hoult or Banks.com. The
Escrow Agent shall not be required to expend or risk any of its own funds or otherwise incur any liability, financial or otherwise, in the performance of any of its duties hereunder. 

(b) If at any time the Escrow Agent is served with any judicial or administrative order, judgment, decree, writ, or other form of
judicial or administrative process which in any way affects the Escrow Property (including but not limited to orders of attachment or garnishment or other forms of levies or injunctions or stays relating to the transfer of the Escrow Property), the
Escrow Agent is authorized to comply therewith in any manner it or legal counsel of its own choosing deems appropriate; and if the Escrow Agent complies with any such judicial or administrative order, judgment, decree, writ, or other form of
judicial or administrative process, Escrow Agent shall not be liable to any of the parties hereto or to any other person or entity even though such order, judgment, decree, writ, or process may be subsequently modified or vacated or otherwise
determined to have been without legal force or effect. 
 (c) The Escrow Agent shall not be liable for any action taken or
omitted or for any loss or injury resulting from its actions or its performance or lack of performance of its duties hereunder in the absence of negligence or willful misconduct on its part. In no event shall the Escrow Agent be liable (i) for
acting in accordance with or conclusively relying upon any instruction, notice, demand, certificate, or document from both Hoult and Banks.com together, (ii) for any indirect, consequential, punitive, or special damages, regardless of the form
of action and whether or not any such damages were foreseeable or contemplated, or (iii) for the acts or omissions of its nominees, correspondents, designees, agents, subagents, or subcustodians. The Escrow Agent may consult with legal counsel
of its own choosing as to any matter relating to this Escrow Agreement, and the Escrow Agent shall not incur any liability in acting in good faith in accordance with any advice from such counsel. 

  
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 (d) The Escrow Agent
shall not incur any liability for not performing any act or fulfilling any duty, obligation, or responsibility hereunder by reason of any occurrence beyond the control of the Escrow Agent (including but not limited to any act or provision of any
present or future law or regulation or governmental authority, any act of God or war, civil unrest, local or national disturbance or disaster, any act of terrorism, or the unavailability of the Federal Reserve Bank wire or facsimile or other wire or
communication facility). 
 (e) The Escrow Agent shall be entitled to conclusively rely upon any order, judgment, certification,
demand, notice, instrument, or other writing delivered to it hereunder without being required to determine the authenticity or the correctness of any fact stated therein or the propriety or validity or the service thereof. The Escrow Agent may act
in conclusive reliance upon any instrument or signature believed by it to be genuine and may assume that any person purporting to give receipt or advice to make any statement or execute any document in connection with the provisions hereof has been
duly authorized to do so. 
 (f) The Escrow Agent shall not be responsible in any respect for the form, execution, validity,
value, or genuineness of documents or securities deposited hereunder, or for any description therein, or for the identity, authority or rights of persons executing or delivering or purporting to execute or deliver any such document, security, or
endorsement. The Escrow Agent shall not be called upon to advise any party as to the wisdom in selling or retaining or taking or refraining from any action with respect to any securities or other property deposited hereunder. 

(g) The Escrow Agent shall not be under any duty to give the Escrow Property held by it hereunder any greater degree of care than it
gives its own similar property. 
 (h) At any time the Escrow Agent may request an instruction in writing in English from Hoult
and Banks.com and may, at its own option, include in such request the course of action it proposes to take and the date on which it proposes to act, regarding any matter arising in connection with its duties and obligations hereunder. The Escrow
Agent shall not be liable for acting in accordance with such a proposal on or after the date specified therein, provided that the specified date shall be at least three (3) business days after Hoult and Banks.com receive the Escrow Agent’s
request for instructions and its proposed course of action, and provided further that, prior to so acting, the Escrow Agent has not received the written instructions requested. 

(i) When the Escrow Agent acts on any information, instructions, communications, sent by telex, facsimile, email, or other form of
electronic or data transmission, the Escrow Agent, absent negligence, shall not be responsible or liable in the event such communication is not an authorized or authentic communication of Hoult or Banks.com or is not in the form Hoult or Banks.com
sent or intended to send (whether due to fraud, distortion or otherwise). 
 (j) In the event of any ambiguity or uncertainty
hereunder or in any notice, instruction, or other communication received by the Escrow Agent hereunder, the Escrow Agent may, in its sole discretion, refrain from taking any action other than to retain possession of the Escrow Property, unless the
Escrow Agent receives written instructions, signed by Hoult and Banks.com, which eliminate such ambiguity or uncertainty. 

  
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 (k) In the event of
any dispute between or conflicting claims among the Hoult and Banks.com and/or any other person or entity with respect to any Escrow Property, the Escrow Agent shall be entitled, in its sole discretion, to refuse to comply with any and all claims,
demands, or instructions with respect to such Escrow Property so long as such dispute or conflict shall continue, and the Escrow Agent shall not be or become liable in any way to the Hoult or Banks.com for failure or refusal to comply with such
conflicting claims, demands, or instructions. The Escrow Agent shall be entitled to refuse to act until, in its sole discretion, either (i) such conflicting or adverse claims or demands shall have been determined by a final order, judgment, or
decree of a court of competent jurisdiction, which order, judgment, or decree is not subject to appeal, or settled by agreement between the conflicting parties as evidenced in a writing satisfactory to the Escrow Agent, or (ii) the Escrow Agent
shall have received security or an indemnity satisfactory to it sufficient to hold it harmless from and against any and all losses which it may incur by reason of so acting. Any court order, judgment, or decree shall be accompanied by a legal
opinion by counsel for the presenting party, satisfactory to the Escrow Agent, to the effect that said order, judgment or decree represents a final adjudication of the rights of the parties by a court of competent jurisdiction, and that the time for
appeal from such order, judgment or decree has expired without an appeal having been filed with such court. The Escrow Agent shall act on such court order and legal opinions without further question. The Escrow Agent may, in addition, elect, in its
sole discretion, to commence an interpleader action or seek other judicial relief or orders as it may deem, in its sole discretion, necessary. 
 (l) The Escrow Agent shall have no responsibility for the contents of any writing of the arbitrators or any third party contemplated herein as a means to resolve disputes and may conclusively rely without
any liability upon the contents thereof. 
 (m) The Escrow Agent does not have any interest in the Escrow Property deposited
hereunder but is serving as escrow holder only and having only possession thereof. Hoult and Banks.com will provide the Escrow Agent with appropriate W-9 forms for tax identification number certifications, or W-8 forms for non-resident alien
certifications. This paragraph shall survive notwithstanding any termination of this Escrow Agreement or the resignation or removal of the Escrow Agent. 
 Section 9. Miscellaneous. (a) This Agreement embodies the entire agreement and understanding among the parties hereto relating to the subject matter hereof. 

(b) This Agreement shall be governed by and construed in accordance with the laws of the State of California without
reference to the principles of conflict of laws. 
 (c) Each of the parties hereto hereby irrevocably consents to
the jurisdiction of the courts of the State of California and of any Federal Court located in such State in connection with any action, suit, or other proceeding arising out of or relating to this Agreement or any action taken or omitted hereunder,
and waives any claim of forum non 

  
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conveniens and any objections as to laying of venue. Each party further waives personal service of any summons, complaint, or other process, and agrees that service thereof may be made by
certified or registered mail directed to such person at such person’s address for purposes of notices hereunder. 
 (d) All notices and other communications under this Agreement shall be in writing in English and shall be deemed given when delivered personally, on the next business day after delivery to a recognized
overnight courier or mailed first class (postage prepaid) or when sent by facsimile to the parties (which facsimile copy shall be followed, in the case of notices or other communications sent to the Escrow Agent, by delivery of the original) at the
following addresses (or to such other address as a party may have specified by notice given to the other parties pursuant to this provision): 
 If to Hoult, to: 
 Jennifer G. Redmond 

Nathaniel Bruno 

Sheppard Mullin Richter & Hampton LLP 
 Four Embarcadero Center, 17th Floor 
 San Francisco, California 94111-4106

 Telephone:       415-434-9100 

Facsimile:        415-434-3947 
 E-Mail:             jredmond@sheppardmullin.com 
                           nbruno@sheppardmullin.com 

If to Banks.com, to: 
 Eileen R. Ridley 
 Patrick T. Wong 

Foley & Lardner LLP 
 555 California Street, 17th Floor 
 San Francisco, California 94104-1520

 Telephone:       (415) 984-9891 

Facsimile:        (415) 434-4507 

E-Mail:             eridley@foley.com 

                       
   pwong@foley.com 

  
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 If to the Escrow Agent,
to: 
 Deutsche Bank National Trust Company 

101 California Street, 47th Floor 
 San Francisco, CA 94111 

Telephone:      (415) 617-2801 
 Facsimile:       (415) 617-4280 

Attention:        Raafat A. Sarkis 

E-Mail:            raafat.sarkis@db.com 

(e) The headings of the Sections of this Agreement have been inserted for convenience and shall not modify, define, limit
or expand the express provisions of this Agreement. 
 (f) This Agreement and the rights and obligations
hereunder of parties hereto may not be assigned except with the prior written consent of the other parties hereto. This Agreement shall be binding upon and inure to the benefit of each party’s respective successors and permitted assigns. Except
as expressly provided herein, no other person shall acquire or have any rights under or by virtue of this Agreement. This Agreement is intended to be for the sole benefit of the parties hereto, and (subject to the provisions of this
Section 9(f)) their respective successors and assigns, and none of the provisions of this Agreement are intended to be, nor shall they be construed to be, for the benefit of any third person. 

(g) This Agreement may not be amended, supplemented, or otherwise modified without the prior written consent of the
parties hereto. 
 (h) The Escrow Agent makes no representation as to the validity, value, genuineness, or the
collectability of any security or other document or instrument held by or delivered to it. 
 (i) The Escrow
Agent shall not be called upon to advise any party as to the wisdom in selling or retaining or taking or refraining from any action with respect to any securities or other property deposited hereunder. 

(j) This Agreement may be executed in two or more counterparts, each of which shall be an original, but all of which
together shall constitute one and the same instrument. 
 (k) The rights and remedies conferred upon the parties
hereto shall be cumulative, and the exercise or waiver of any such right or remedy shall not preclude or inhibit the exercise of any additional rights or remedies. The waiver of any right or remedy hereunder shall not preclude the subsequent
exercise of such right or remedy. 
 (l) Hoult and Banks.com hereby represent and warrant (i) that this
Escrow Agreement has been duly authorized, executed, and delivered on his/their behalf and constitutes his/their legal, valid, and binding obligation and (ii) that the execution, delivery and performance of this Escrow Agreement by Hoult and
Banks.com does not and will not violate any applicable law or regulation. 

  
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 (m) The
invalidity, illegality, or unenforceability of any provision of this Escrow Agreement shall in no way affect the validity, legality, or enforceability of any other provision; and if any provision is held to be unenforceable as a matter of law, the
other provisions shall not be affected thereby and shall remain in full force and effect. 
 (n) For purposes of
this Agreement, a “business day” shall mean any day that is not a Saturday or Sunday or a day on which banks are required or permitted by law or executive order to be closed in the City of San Francisco. 

(o) For purposes of sending and receiving instructions or directions hereunder, all such instructions or directions shall
be, and the Escrow Agent may conclusively rely upon such instructions or directions, delivered, and executed by representatives of Hoult or Banks.com designated in Section 9(d) above (each such representative is an “Authorized
Person”). 
 (p) Except as otherwise provided in this Agreement, the parties hereto agree to keep
confidential the terms of this Agreement and information relating to the resolution of the Suit and/or Derivative Action as defined in the CONFIDENTIAL SETTLEMENT AGREEMENT AND MUTUAL GENERAL RELEASE OF ALL CLAIMS to which this Agreement is Exhibit
A, and to refrain from disclosing any information regarding this Agreement to any third-party (outside of immediate family) that is not a party to this Agreement or to the CONFIDENTIAL SETTLEMENT AGREEMENT AND MUTUAL GENERAL RELEASE OF ALL CLAIMS to
which this Agreement is Exhibit A unless ordered to do otherwise under oath in a court of competent jurisdiction or as required for a legitimate business purpose (e.g., through disclosures to attorneys, accountants, regulatory bodies,
government agencies, re-insurers, etc., including, without limitation, any disclosures required under securities laws and/or regulations). To the extent that such information would be necessary or appropriate as evidence or discovery in other
litigation or arbitration, the parties hereto will take reasonable steps to protect the confidentiality of the information, including by seeking stipulations of confidentiality or protective orders. 

IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the effective date above written. 

 

			
	Robert Hoult
		
	By	 	/s/ Robert Hoult
	Name: Robert Hoult
	
	Date 8-20-2010

  
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	BANKS.COM, INC.
		
	By	 	/s/ Daniel O’Donnell
	Name: Daniel O’Donnell
	Title: President and Chief Executive Office
	
	Date 8/20/10
	DEUTSCHE BANK NATIONAL TRUST COMPANY as Escrow Agent
		
	By	 	/s/ Raafat Sarkis
	Name: Raafat Sarkis
	Title: Vice President
	
	Date 08/23/10
	DEUTSCHE BANK NATIONAL TRUST COMPANY as Escrow Agent
		
	By	 	/s/ Sonia N. Flores
	Name Sonia N. Flores
	Title Vice President
	
	Date 8/23/2010

  
 9Settlement Agreement, dated August 25, 2010

  
 Exhibit 10.3 

SETTLEMENT AGREEMENT AND MUTUAL 
 GENERAL RELEASE OF ALL CLAIMS 
 This Confidential Settlement
Agreement and Mutual General Release of All Claims (hereinafter “Release”) is made and entered with an effective date of August 24, 2010 by and between BANKS.COM, INC. (“Plaintiff” or “Claimant” or
“Banks.com”) on the one hand, and ANDREW KEERY (“Respondent” or “Keery”), DALE GIESSMAN (“Giessman”), and PROSTREAMMEDIA.COM (“ProStreamMedia”) (Giessman and ProStreamMedia are also individually and
collectively referred to as, “Defendant(s)”) on the other, in accordance with the terms and conditions set forth below. Banks.com, Keery, Giessman, and ProStreamMedia will sometimes be referred to in their individual capacities as a
“Party” or collectively as the “Parties.” 
  

	1.0	FACTUAL RECITALS 

1.1 This Release is entered into with reference to the following recitals: 

1.2 WHEREAS, Banks.com is a financial services company that delivers financial information on the web by, among other things, providing
internet search services through a combination of traffic aggregation and proprietary websites. The company operates in various areas of internet commerce, including paid search, direct navigation, and online marketing. Its pay-per-click search
services enable businesses to enhance their online transactions through online advertising to internet users in response to their keyword search queries. 
 1.3 WHEREAS, Banks.com first began as a private Nevada corporation known as Walnut Ventures, Inc. (“Walnut Ventures”), which was owned by four shareholders – Daniel M. O’Donnell,
Steven Ernst, Andrew Keery, and Robert Hoult (“Hoult”). On December 10, 2004, Walnut Ventures was acquired by a Florida corporation then known as MBSL Group, Inc.1 
 1.4 WHEREAS, in conjunction with Walnut Ventures/MBSL transaction, all four shareholders, including Keery and Hoult, signed separate Employment Agreements with Banks.com (collectively, “the
Employment Agreements”). 
 1.5 WHEREAS, the four original shareholders of Walnut Ventures also signed non-compete
agreements in exchange for receiving Banks.com shares of stocks. 
 1.6 WHEREAS, Hoult and Keery also signed the company’s
Code of Conduct, Confidentiality and Proprietary Information Agreement, and the Employee Proprietary Information and Invention Assignment Agreement (“EPIIAA”). 
 1.7 WHEREAS, on or about September 26, 2007, Keery voluntarily terminated his employment with Banks.com. Thereafter, on or about October 24, 2007, Keery entered into a Separation Agreement with
Banks.com. 
  

	1	 On October 29, 2004, MBSL’s name was changed to “InterSearch Group, Inc.” The name was then changed to “Banks.com, Inc.”
on November 29, 2007. 

  
 1.8 WHEREAS, on or
about November 5, 2009, Banks.com commenced a suit in the San Francisco County Superior Court against Hoult, Giessman, Moxiesearch.com, and ProStreamMedia, Case No. CGC-09-494156 (hereinafter, the “Suit” or “Superior Court
Action”). 
 1.9 WHEREAS, on or about November 5, 2009, Banks.com commenced a petition for arbitration before the
American Arbitration Association (AAA) against Keery, Case No. 74-116-Y-00899-09-DECR (hereinafter, the “Arbitration”). 
 1.10 WHEREAS, on or about December 24, 2009, Banks.com filed a First Amended Complaint in the Superior Court Action by, among other things, adding Keery as a defendant. 

1.11 WHEREAS, on or about December 29, 2009, the defendants in the Superior Court Action removed the case to the United States
District Court for the Northern District of California, San Francisco Division, Case No. 3:09-CV-06039-WHA (hereinafter the “Federal Action” and the Federal Action is also hereinafter incorporated into the “Suit”).

 1.12 WHEREAS, on or about March 4, 2010, Banks.com and Keery stipulated to a voluntary dismissal of Banks.com’s
Suit against Keery without prejudice. 
 1.13 WHEREAS, Remajo, LLC (“Remajo”) is a California limited liability
company registered before the State of California on or about January 22, 2008 by Giessman. 
 1.14 WHEREAS, the Remajo
Operating Agreement has an effective date of on or about December 20, 2007, and has an effective period of two (2) years. The Remajo Operating Agreement identified www.moxiesearch.com as a dba entity. 

1.15 WHEREAS, Remajo is the actual business entity that contracted with various entities on behalf of Moxiesearch.com. All revenues
earned by Moxiesearch.com are funneled to Remajo. Remajo then distributes the net revenues (net revenue share less costs) to Moxiesearch.com. Under the Remajo Operating Agreement, Hoult and Giessman are to split the “gross profit” of
Remajo with 65% going to Hoult and 35% going to Giessman. 
 1.16 WHEREAS, Remajo entered into a Search Distribution Agreement
with InfoSpace Sales LLC (“InfoSpace”) with an effective date of on or about December 3, 2007 on behalf of Moxiesearch.com, with an initial term of two (2) years. 

1.17 WHEREAS, Remajo entered into a Sponsored Listing Publisher Agreement (“ASL Publisher Agreement”) with IAC
Search & Media, Inc. (“IAC” or “Ask.com”) with an effective date of on or about May 25, 2009 on behalf of ProStreamMedia.com. Remajo and Ask.com entered into an amendment to the ASL Publisher Agreement in or around
October 2009 (hereinafter incorporated into the “ASL Publisher Agreement”). All revenues earned by ProStreamMedia.com from Ask.com through the ASL Publisher Agreement are funneled to Remajo, which Remajo then distributes to ProStreamMedia
at one hundred percent (100%). ProStreamMedia then pays out all expenses, costs, and makes the partner payments. Under ProStreamMedia’s “Partnership Agreement,” net proceeds after costs of ProStreamMedia are distributed 55% to
Giessman, and 45% to Keery. 

  
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 1.18 WHEREAS, in the
Suit and the Arbitration, Banks.com alleges that Hoult improperly took and misused Banks.com’s confidential, proprietary, and trade secrets information while Hoult was still employed at Banks.com and subsequent to his voluntary termination of
employment at Banks.com. Banks.com further alleges in its Suit and Arbitration that, while Hoult was still employed at Banks.com and subsequent to his voluntary termination of employment at Banks.com, Hoult, Keery, and/or Giessman established,
created, maintained, and ran Moxiesearch.com, a business that directly competes with Banks.com, and which used Banks.com’s confidential, proprietary, and trade secrets information. Banks.com also alleges in its Suit and Arbitration that on
behalf of Moxiesearch.com, Remajo entered into a contract with InfoSpace, which was negotiated by Hoult and/or Giessman. Banks.com also alleges in its Suit and Arbitration that Hoult, Keery, and/or Giessman Hoult, Keery, and/or Giessman established,
created, maintained, and ran ProStreamMedia, a business that allegedly directly competes with Banks.com, and which allegedly used Banks.com’s confidential, proprietary, and trade secrets information. Finally, Banks.com alleges in its Suit and
Arbitration that Hoult, Keery, and/or Giessman conducted other activities that were improper that form the bases of Banks.com’s alleged claims against each of the Respondent and Defendants, including alleged breaches of the Employment
Agreements and the EPIIAA. 
 1.19 WHEREAS Respondent and Defendants have denied, and continue to deny, the allegations made by
Banks.com in the Suit and the Arbitration, deny that Banks.com has suffered any harm or damage, and deny all liability with respect to any and all facts and claims alleged in the Suit and the Arbitration. 

1.20 WHEREAS, it is now the desire and intention of the Parties to finally and forever settle and release all claims made or related to
the Suit and/or Arbitration. Pursuant to this desire and in consideration of the promises contained herein, the Parties agree as follows: 
  

	2.0	AGREEMENT AND MUTUAL RELEASE OF ALL CLAIMS 

 The Parties agree to settle and compromise the Suit and/or Arbitration as between them subject to the following terms: 
 2.1 The Recitals set forth above are hereby incorporated as though fully set forth herein. 
 2.2 In consideration for this Release, and in full and final settlement of the Suit and Arbitration as they apply to the Parties of this Release only, Respondent and Defendants agree to assign fifty
percent (50%) of ProStreamMedia’s profits (gross revenue less traffic acquisition costs, monthly hosting fees, and annual accounting costs) to Banks.com indefinitely (the “ProStreamMedia Profits”) beginning with all revenues
generated on and after August 1, 2010 (that is, Banks.com is assigned 50% of ProStreamMedia’s gross
profits).2 Banks.com understands that the entity that has
an actual agreement with partners (including Ask.com) is Remajo, and revenues by Remajo earned from the ProStreamMedia business flows 100% to ProStreamMedia. All parties understand that 

 

	2	 Because there is an approximate 45-day lag between revenue generating activity and payment, Giessman will continue receiving his share of profits
collected (based on revenue generating activity) through mid-September, 2010. 

  
 -3-

 Remajo, is merely a vehicle for processing partner payments and has no equity value. Therefore, this
assignment is with the understanding that ProStreamMedia is the real entity that is earning the revenues even though the revenues pass through Remajo first. Parties may also mutually agree to make investments in the ProStreamMedia business in the
future. In order to accomplish the foregoing, Defendants agree to take the following actions within five (5) business days of the date of this Release. Giessman shall transfer all of the issued and outstanding equity interests of Remajo to
Keery. (All parties understand that Winestore.com does not belong to nor is a part of Remajo; rather, Winestore.com is owned by Hoult, Keery, and Giessman individually.) Remajo shall then change its name and is referred to herein as “New
Remajo.” Individually, and as the sole general partners of the ProStreamMedia general partnership, Giessman and Keery shall transfer all assets of the ProStreamMedia business to New Remajo, including all right, title and interest in the domain
name “ProStreamMedia.com.” Giessman and Keery will then dissolve the ProStreamMedia partnership. New Remajo will enter into an agreement with Banks.com, whereby New Remajo assign to Banks.com the right to receive 50% of
ProStreamMedia’s Profits. As security for the obligations of New Remajo to Banks.com, Banks.com will have a first-priority lien on all issued and outstanding equity interests of New Remajo and all trade names, trademarks, service marks,
slogans, logos, domain names, URL addresses, trademark and service mark and domain registrations and trademark and service mark and domain applications relating to the ProStreamMedia name. 

2.3 In further consideration for this Release, the Parties agree that Keery will maintain full decision-making control and signatory
authority for ProStreamMedia, and will run all aspects of the ProStreamMedia business, including business development, account management, feed oversight, accounting, partner payments and banking. ProStreamMedia will supply Banks.com with a user
name and password to access the Ask.com Partner Management system, as well as to any other search results providers, as well as the Nami platform. 
 2.4 In further consideration for this Release, the Parties agree that Banks.com is entitled to review/audit ProStreamMedia’s and Remajo’s (on the ProStreamMedia side of Remajo’s business)
books and financial documents. Banks.com also has the right conduct operations audits, but such operations audits will be limited to no more than two (2) per calendar year. 

2.5 In further consideration for this Release, the Parties agree that for a period of no less than three (3) years beginning on the
effective date of this Release, Keery agrees he will not abandon ProStreamMedia or create a direct competitor in the field of search feed sub-syndication. If Keery abandons or creates a direct competitor in the field of search feed sub-syndication
prior to the end of three (3) years beginning on the effective date of this Release, Keery will assign and/or transfer ownership and title of the ProStreamMedia business in its entirety to Banks.com, after which Keery retains nothing, and he
loses all control outlined in Section 2.3 above. If Keery abandons or creates a direct competitor in the field of search feed sub-syndication after the end of three (3) years beginning on the effective date of this Release, Keery will
assign and/or transfer ownership and title of the ProStreamMedia business in its entirety to Banks.com, after which Keery shall retain 25% of ProStreamMedia’s profits (gross revenue less traffic acquisition costs, monthly hosting fees, and
annual accounting costs), and they lose all control outlined in Section 2.3 above. The 

  
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Parties have defined the term “abandon” as Keery spending less than ten (10) hours per week working directly on servicing and/or expanding the ProStreamMedia business. In the event
of Keery’s death, ownership and title of the ProStreamMedia business will transfer in its entirety to Banks.com, after which Keery’s heirs shall retain 25% of ProStreamMedia’s profits (gross revenue less traffic acquisition
costs, monthly hosting fees, and annual accounting costs), and they lose all control outlined in Section 2.3 above. 
 2.6
In further consideration for this Release, the Parties agree that Keery and/or Giessman shall remain free to pursue other projects and employment, so long as they continue to fully support and run the ProStreamMedia business, and so long as they do
not form a direct competitor of ProStreamMedia in the field of search feed sub-syndication. 
 2.7 In further consideration for
this Release, the Parties agree that Keery and/or Giessman shall provide Banks.com with all documentation reasonably requested by Banks.com in connection with the finalization of this Release and other documents evidencing the arrangements described
herein, including, without limitation, copies of the organizational documents for Remajo and ProStreamMedia. 
 2.8 In further
consideration for this Release, the Parties agree that Keery and/or Giessman agree to testify truthfully in relation to the facts and circumstances leading to the Suit and Arbitration, as well as in the derivative action filed by Hoult against,
among other parties, Banks.com and its Board of Directors (San Francisco Superior Court, Case No. CGC-10-497625); provided, however, that neither Keery nor Giessman shall be obligated to disclose or otherwise testify as to any privileged
communications, including but not limited to communications covered by the attorney-client privilege, the work-product doctrine, and/or the joint defense doctrine. 
 2.9 In further consideration for this Release, the Parties agree that upon the signature of all Parties to this Release, Banks.com, through his counsel, shall execute and file a request for dismissal with
prejudice of the Respondent in the Arbitration, and Giessman and ProStreamMedia in the Suit. 
 2.10 In further consideration
for this Release, the Parties agree to bear their own costs and other fees (including attorneys’ fees and costs) incurred by the respective Parties in the Suit and/or Arbitration. 

2.11 In consideration of the terms set forth in this section, the Parties and each of them, on behalf of themselves and their respective
past, present and future officers, directors, stockholders, attorneys, agents, servants, heirs, representatives, employees, corporations, subsidiaries, affiliates, partners, predecessors, successors in interest, assigns, and insurers and/or
re-insurers, hereby completely release and forever discharge each other from any and all manner of any and all past, present or future claims, actions, or causes of action (including, but not limited to, malicious prosecution), in law or in equity,
and any suits, debts, liens, contracts, agreements, promises, liabilities, claims, demands, damages, obligations, losses, costs and expenses, of any nature whatsoever, whether now known or unknown, suspected or unsuspected, fixed or contingent,
which the Parties have, or which may hereinafter accrue or otherwise be acquired on account of, or may in any way relate to or grow out of, or which are the subject of 

  
 -5-

 
the matters which gave rise to the Suit and/or Arbitration, further including, without limitation, any and all known or unknown claims that may have resulted or may result from any aspect of the
Suit and/or Arbitration. The terms and releases described in this Release also apply to Giessman insofar as such relates to his interests in Moxiesearch.com and/or Remajo only. 

2.12 This Release shall also apply to and operate to the benefit of the Parties’ respective past, present and future officers,
directors, stockholders, attorneys, agents, servants, heirs, representatives, employees, corporations, including professional corporations, subsidiaries, affiliates, partners, predecessors, successors in interest, assigns, and insurers and/or
re-insurers, and all other persons, firms, or corporations with whom any of the former have been, are now, or may hereinafter, be affiliated. The terms and releases described in this Release also apply to Giessman insofar as such relates to his
interests in Moxiesearch.com and/or Remajo only. 
 2.13 The Parties each acknowledge and agree that this Release is a full and
complete general release with respect to the matters which give rise to or relate to the Suit and/or Arbitration. The Parties expressly waive and assume the risk of any and all claims for damages or otherwise which exist, but of which each and any
Party does not know or suspect to exist, whether through ignorance, oversight, error, negligence, or otherwise, and which, if known, would materially affect each Party’s decision to enter into this Release. Accordingly, The Parties hereby
expressly waive and relinquish any and all rights and benefits which each Party may otherwise have pursuant to California Code of Civil Procedure section 1542 which provides as follows: 

A GENERAL RELEASE DOES NOT EXTEND TO CLAIMS WHICH THE CREDITOR DOES NOT KNOW OR SUSPECT TO EXIST IN HIS OR HER FAVOR AT THE TIME OF
EXECUTING THE RELEASE, WHICH IF KNOWN BY HIM OR HER MUST HAVE MATERIALLY AFFECTED HIS OR HER SETTLEMENT WITH THE DEBTOR. 

2.14 The Parties acknowledge that they may hereafter discover facts different from, or in addition to, those which they now know or
believe to be true, with respect to the incidents or other things which are the subject of this Release. The Parties hereby expressly agree to assume the risk of possible discovery of additional or different facts, and agree that this Release shall
be and remain effective in all respects regardless of such additional or different facts. 
 2.15 The Parties make no
representation regarding, nor do they assume any liability for, any potential tax consequences which may arise from this settlement and Release. Thus, each Party assumes only their own potential tax consequences arising from this settlement and
Release. 
 2.16 The Parties each agree to cooperate with the other (and their respective counsel) to perform any and all acts
required by this Release, to execute and deliver any and all further documents that may be reasonably necessary or desirable to effectuate the purposes of this Release and to refrain or forebear from any act that would be inconsistent with the
purposes of this Release. 

  
 -6-

  

	3.0	CONFIDENTIALITY AND NON-DISPARAGEMENT 

 3.1 Except as otherwise provided in this Release, the Parties agree to keep confidential the terms of this Release and information relating to the resolution of the Suit and/or Arbitration, shall not
disparage each of them with regards to the events that gave rise to the Suit and/or Arbitration, and to refrain from disclosing any information regarding this Release to any third-party (outside of immediate family) unless ordered to do otherwise
under oath in a court of competent jurisdiction or as required for a legitimate business purpose (e.g., through disclosures to attorneys, accountants, regulatory bodies, government agencies, reinsurers, etc. including, without limitation, any
disclosures required under securities laws and/or regulations). To the extent that such information would be necessary or appropriate as evidence or discovery in other litigation or arbitration (specifically as contemplated in Section 2.8
above), the Parties will take reasonable steps to protect the confidentiality of the information, including by seeking stipulations of confidentiality or protective orders. Notwithstanding the language of this paragraph, the Parties may communicate
to others that the Suit and/or Arbitration has been resolved as to each of them to the satisfaction of the Parties. The Parties may disclose the terms of this Release to Hoult and his counsel for the Suit only, but only after the Parties have fully
executed this Release. 
  

	4.0	NO ADMISSION OF LIABILITY 

 4.1 This Release is executed by the Parties for the purpose of compromising and settling the Suit and/or Arbitration, as well as all past, present or potential claims arising out of the Suit and/or
Arbitration as it relates to the Parties only, and it is expressly understood and agreed as a condition hereof that neither this Release, nor any provision herein, shall constitute or be construed as an admission by any Party of the truth of any
claims or causes of action asserted by any other party to this instrument. This Release shall not be admissible in any legal proceeding or arbitration, except to enforce its terms or upon order of the court or the arbitrator. 

 

	5.0	ABSENCE OF ASSIGNMENT 

 5.1 The Parties warrant and represent that they have not, in any way, assigned or transferred by agreement, operation of law, or otherwise, any claim against any other settling Party, including but not
limited to, the assignment of any claim or rights that would impede implementation of this Release. 
  

	6.0	SUCCESSORS AND ASSIGNS 

 6.1 It is understood and agreed by the Parties that the agreements, undertakings, warranties, acts, representations and other things done or to be done by the Parties or their attorneys by virtue of this
Release, shall run to and be binding upon all heirs, executors, successors, predecessors, administrators, trustees, assigns, agents, attorneys, employees, officers, directors, shareholders, partners, and representatives of the Parties. 

 

	7.0	SURVIVAL OF WARRANTIES 

 7.1 The representations and warranties of the Parties shall not expire with or be terminated and extinguished by the execution of this Release, but shall thereafter continue and remain in full force and
effect without time limitations. 

  
 -7-

  

	8.0	REPRESENTATION OF COMPREHENSION OF DOCUMENTS 

 8.1 The Parties hereto represent and warrant: (i) that in executing and entering into this Release, they have sought legal advice from legal counsel of their choice; (ii) they have read the
contents of this Release; (iii) they fully understand the terms and consequences of the Release; and (iv) that hereafter none of the Parties shall deny the validity of this Release on the grounds that it did not have advice of counsel or
did not knowingly enter into this Release and agree to each of its terms. 
 8.2 The Release shall be deemed prepared and
negotiated by counsel for the Parties hereto and no contrary presumption, interpretation or construction shall arise in the event of any ambiguity or uncertainty thereof. 
 8.3 Each Party has cooperated in the drafting and preparation of this Release. Hence, if any construction is to be made of this Release, the same shall not be construed against any Party on the basis that
the Party was the drafter. It shall be construed simply and fairly and not strictly for or against any Party. 
  

	9.0	WARRANTY OF CAPACITY TO EXECUTE AGREEMENT 

 9.1 The Parties represent and warrant that no other person or entity has any interest in the claim, demands, obligations or causes of action referred to in this Release, except as otherwise set forth
herein; that each has the sole right and exclusive authority to execute this Release and that each has not sold, assigned, transferred, conveyed, or otherwise disposed of any of the claims, demands, obligations, or causes of action referred to in
this Release. 
  

	10.0	GOVERNING LAW 

10.1 This Release shall be construed and interpreted in accordance with the laws of the State of California. 

 

	11.0	ADDITIONAL DOCUMENTS 

 11.1 The Parties agree to cooperate fully and execute any and all supplementary documents, including without limitation, a grant agreement regarding the ProStreamMedia Profits, an amended operating
agreement for New Remajo and a pledge and security agreement all in a form acceptable to Banks.com in its sole and absolute discretion, and to take all additional actions which may be necessary or appropriate to give full force and effect to the
basic terms and intent of this Release. 
  

	12.0	SEVERABILITY 

 12.1
In the event any provisions of this Release shall be held to be void, voidable or unenforceable, the remaining provisions shall be enforced in harmony with the purpose of this Release and the intent of the Parties at the time that they entered into
this Release. 

  
 -8-

  

	13.0	ENTIRE AGREEMENT 

13.1 This Release is an integrated agreement and contains the entire agreement of the Parties relating to its subject matter. No
representations, warranties or promises have been made or relied on by any party hereto other than as set forth herein. This Release supersedes and controls any and all prior communications, negotiations and understandings between and among the
settling parties and/or their representatives with regard to the subject matter of the Agreement, and may not be contradicted by evidence of any prior or contemporaneous agreement. The Parties intend this Release to constitute the complete statement
of the terms as between and among the parties hereto, and that no extrinsic evidence whatsoever relating to this Release may be introduced in any judicial proceeding between the Parties. 

 

	14.0	MODIFICATION/AMENDMENT 

 14.1 This Release cannot be modified, changed, amended, or terminated orally. Any modification, change, amendment or termination must be in writing and signed by the authorized representatives of the
Parties. 
  

	15.0	COUNTERPARTS 

 15.1
This Release may be executed in counterparts. Copies of this Release shall have the same force and effect as the original. Copies of this Release shall be admissible as evidence to the same extent as the original is so admissible. 

I have read this entire Settlement Agreement and Mutual General Release, consisting of ten (10) pages, including the signature page.
I agree to the terms set forth herein. 
  

							
	DATE: AUGUST 24, 2010	 		 	By: BANKS.COM, INC.
				
		 		 		 	/s/ Daniel O’Donnell
		 		 	By:	 	Daniel O’Donnell
		 		 	Its:	 	President & CEO
			
	APPROVED AS TO FORM	 		 	FOLEY AND LARDNER LLP
			
	DATE: AUGUST 24, 2010	 		 	
				
		 		 	By:	 	/s/ Eileen R. Ridley
		 		 		 	EILEEN R. RIDLEY
		 		 		 	ATTORNEYS FOR BANKS.COM, INC.
			
	DATE: AUGUST 24, 2010	 		 	BY: ANDREW KEERY
				
		 		 		 	/s/ Andrew Keery
		 		 	BY:	 	ANDREW KEERY

  
 -9-

  

							
			
	 APPROVED AS TO FORM
	 		 	BUCHALTER NEMER
			
	DATE: AUGUST 24, 2010	 		 	
				
		 		 	BY:	 	/s/ Richard C. Darwin
		 		 		 	RICHARD C. DARWIN
		 		 		 	ATTORNEYS FOR ANDREW KEERY
			
	DATE: AUGUST 25, 2010	 		 	BY: DALE GIESSMAN
				
		 		 		 	/s/ Dale Giessman
		 		 	BY:	 	DALE GIESSMAN
			
	 APPROVED AS TO FORM
	 		 	WETTIG LAW FIRM
			
	DATE: AUGUST 24, 2010	 		 	
				
		 		 	BY:	 	/s/ Gretchen Wettig
		 		 		 	GRETCHEN WETTIG
		 		 		 	ATTORNEYS FOR DALE GIESSMAN
			
	APPROVED AS TO FORM	 		 	FELDMAN LAW GROUP
			
	 DATE: AUGUST 24, 2010
	 		 	
				
		 		 	BY:	 	/s/ Aaron R. Feldman
		 		 		 	AARON R. FELDMAN
		 		 		 	ATTORNEYS FOR DALE GIESSMAN
			
	DATE: AUGUST 25, 2010	 		 	By: PROSTREAMMEDIA.COM
				
		 		 		 	/s/ Dale Giessman
		 		 	BY:	 	DALE GIESSMAN
		 		 	ITS:	 	 
			
	APPROVED AS TO FORM	 		 	WETTIG LAW FIRM
			
	DATE: AUGUST 24, 2010	 		 	
				
		 		 	BY:	 	/s/ Gretchen Wettig
		 		 		 	GRETCHEN WETTIG
		 		 		 	 ATTORNEYS FOR
 PROSTREAMMEDIA.COM

  
 -10-

  

							
	APPROVED AS TO FORM	 		 	FELDMAN LAW GROUP
			
	DATE: AUGUST 24, 2010	 		 	
				
		 		 	BY:	 	/s/ Aaron R. Feldman
		 		 		 	AARON R. FELDMAN
		 		 		 	 ATTORNEYS FOR
 PROSTREAMMEDIA.COM

  
 -11-

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