Document:

EX-10.9

 Exhibit 10.9 
 FORM OF RESTRICTED STOCK AGREEMENT 
 This Restricted
Stock Agreement (the “Agreement”) is entered into this 1st day of January, 2007 between Marchex, Inc., a Delaware corporation (the “Company”) and
                     (the “Participant”). 
 WITNESSETH: 
 WHEREAS, the Compensation Committee of the Company has agreed to
grant to the Participant,              shares of the Company’s Class B common stock, par value $0.01 per share (the “Shares” or “Common Stock”) in
accordance with the terms and conditions of the Company’s 2003 Amended and Restated Stock Incentive Plan (the “Plan”); and 
 WHEREAS, the Shares are subject to certain restrictions; and 
 WHEREAS, a
condition to the grant of the Shares to the Participant is that the Participant execute this Agreement. 
 NOW, THEREFORE, in
consideration of the foregoing, the mutual covenants contained herein, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereby agree as follows: 

1. Grant of Shares. Subject to the terms, conditions and restrictions of the Plan and this Agreement, the Company hereby awards to
the Participant,              Shares on January 1, 2007 (the “Grant Date”). To the extent required by law, the Participant shall pay the Company the par value ($0.01)
(the “Purchase Price”) for each Share awarded to the Participant simultaneously with the execution of this Agreement in cash or cash equivalents payable to the order of the Company. Pursuant to the Plan and Section 4 of this
Agreement, the Shares are subject to certain restrictions, which restrictions shall expire in accordance with the provisions of the Plan and Section 4 hereof. While such restrictions are in effect, the Shares subject to such restrictions shall
be referred to herein as “Restricted Stock”, and Shares as to which such restrictions have expired shall be referred to herein as “Vested Shares.” 

2. Right to Repurchase Upon Termination of Employment Relationship. In the event Participant’s employment relationship with
the Company terminates, for any reason whatsoever, whether due to voluntary or involuntary action, death, disability or otherwise, the Company shall have the right to repurchase at the original price paid therefor all or any portion of the
Restricted Stock, which right may be exercised at any time and from time to time within ninety (90) days after the date of such termination. 
 3. Exercise of Right of Repurchase. The Company may exercise its right of repurchase by providing written notice to the Participant stating the number of Shares of Restricted Stock to be
repurchased, the aggregate price to be paid (the “Repurchase Price”) and the date (the “Repurchase Date”) such repurchase shall occur (which shall be a date not fewer than ten (10) and not more than thirty
(30) days from the date of such notice). On the Repurchase Date, the Company shall deliver the Repurchase Price to the Participant, by check or wire of immediately available funds, against delivery of the certificate or certificates
representing the Shares to be repurchased and duly endorsed stock powers. 

 4. Vesting of Shares. So long as the Participant continues to remain as an employee
of the Company, the Shares will be deemed to become “Vested Shares” as follows: 12.5% of the aggregate amount of the Shares shall vest on each of the respective 18, 24, 30 and 36 month anniversaries of the Grant Date and the
remaining 50% of the aggregate amount of the Shares shall vest on the 72 month anniversary of the Grant Date. One hundred percent (100%) of the Shares not already vested as of the date of a Change of Control, shall become immediately vested
upon such Change of Control. For the purposes hereof, “Change of Control” shall mean the occurrence of any of the following events: 
  

	 	(i)	an acquisition (other than directly from the Company) of any voting securities of the Company (the “Voting Securities”) by any
“Person” or “Group” (as such terms are used for the purposes of Section 13(d) or 14(d) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”)) immediately after which such
Person or Group has Beneficial Ownership (within the meaning of Rule l3d-3 promulgated under the Exchange Act) of fifty percent (50%) or more of the combined voting power of the Company’s then-outstanding Voting Securities; provided,
however, in determining whether or not a Change of Control has occurred, Voting Securities which are acquired in a “Non-Control Acquisition” (as hereinafter defined) shall not constitute an acquisition which would constitute a
Change of Control. A “Non-Control Acquisition” shall mean an acquisition by (i) any employee benefit plan (or related trust) sponsored or maintained by the Company or any affiliate of the Company, (ii) the Company,
(iii) any Person in connection with a Non-Control Transaction (as hereinafter defined), or (iv) any holder of the Company’s Class A Common Stock as of the date hereof; 

 

	 	(ii)	individuals who, as of the date hereof, constitute the Board (the “Incumbent Board”) cease for any reason to constitute at least a majority of the
Board; provided, however, that any individual becoming a director subsequent to the date hereof whose election, or nomination for election by the Company’s shareholders, was approved by a vote of at least a majority of the directors then
comprising the Incumbent Board shall be considered as though such individual were a member of the Incumbent Board, but excluding, for this purpose, any such individual whose initial assumption of office occurs as a result of an actual or threatened
election contest with respect to the election or removal of directors or other actual or threatened solicitation of proxies or consents by or on behalf of a Person other than the Board; or 

 

	 	(iii)	the consummation of: 

  

	 	(a)	A merger, consolidation or reorganization with or into the Company or in which securities of the Company are issued, unless such merger, consolidation or reorganization
is a “Non-Control Transaction”. A “Non-Control Transaction” is a merger, consolidation or reorganization with or into the Company or in which securities of the Company are issued where: 

 

	 	A.	the shareholders of the Company immediately before such merger, consolidation, or reorganization, own, directly or indirectly, at least fifty-one percent (51%) of
the combined voting power of the outstanding voting securities of the corporation resulting form such merger, consolidation or reorganization (the “Surviving Corporation”) in substantially the same proportion as their ownership of
the Voting Securities immediately before such merger, consolidation or reorganization, 

  
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	 	B.	the individuals who were members of the Incumbent Board immediately prior to the execution of the agreement providing for such merger, consolidation or reorganization
constitute at least a majority of the members of the board of directors of the Surviving Corporation or a corporation owning directly or indirectly fifty-one percent (51%) or more of the Voting Securities of the Surviving Corporation, and

  

	 	C.	no Person or Group, other than (i) the Company, (ii) any subsidiary of the Company, (iii) any employee benefit plan (or any trust forming a part thereof)
maintained by the Company immediately prior to such merger, consolidation, or reorganization, or (iv) any holder of the Company’s Class A Common Stock as of the date hereof, owns twenty percent (20%) or more of the combined
voting power of the Surviving Corporation’s then-outstanding voting securities; or 

  

	 	(b)	a complete liquidation or dissolution of the Company; or 

  

	 	(c)	the sale of disposition of all or substantially all of the assets of the Company to any Person. 

Notwithstanding the foregoing, a Change of Control shall not be deemed to occur solely because any Person (the “Subject
Person”) acquired Beneficial Ownership of more than the permitted amount of the outstanding Voting Securities as a result of the acquisition of Voting Securities by the Company which, by reducing the number of Voting Securities outstanding,
increases the proportional number of shares Beneficially Owned by the Subject Person, provided that if a Change of Control would occur (but for the operation of this sentence) and after such acquisition of Voting Securities by the Company, the
Subject Person becomes the Beneficial Owner of any additional Voting Securities, then a Change of Control shall occur. 

  
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 There shall be no proportionate or partial vesting in the periods prior to the applicable
vesting dates and all vesting shall occur only on the appropriate vesting date. The Compensation Committee may, in its sole discretion, provide for accelerated vesting of the Restricted Stock at any time. Fractional shares of Common Stock resulting
from any vesting hereunder shall be aggregated until, and eliminated at, the time of vesting by rounding-down for fractions less than one-half and rounding-up for fractions equal to or greater than one-half. Cash settlements shall be made with
respect to fractional shares of Common Stock eliminated by rounding in accordance with the Plan. 
 5. Transfers. No
Participant shall, directly or indirectly, sell, assign, transfer, pledge, hypothecate, mortgage, encumber or dispose of (either voluntarily or by operation of law or otherwise) all or any of his Restricted Stock (or any interest therein or any
option, warrant or other right with respect thereto). 
 6. Rights as a Holder of Restricted Stock. From and after the
Grant Date, the Participant shall have, with respect to the Restricted Stock, all of the rights of a holder of shares of Common Stock, including, without limitation, the right to receive and retain all regular cash dividends payable to holders of
shares of record on and after the Grant Date (although such dividends will be treated, to the extent required by applicable law, as additional compensation for tax purposes), voting rights and to exercise all other rights, powers and privileges of a
holder of shares with respect to the Restricted Stock, with the exceptions that (i) the Participant shall not be entitled to delivery of the stock certificate or certificates representing the Restricted Stock until such shares are no longer
Restricted Stock; and (ii) the Company (or its designated agent) will retain custody of the stock certificate or certificates representing the Restricted Stock. 
 7. Taxes; Section 83(b) Election. The Participant acknowledges that (i) no later than the date on which any Restricted Stock shall have become vested or upon the filing of an election
under Section 83(b) as provided below, the Participant shall pay to the Company, or make arrangements satisfactory to the Company regarding payment of, any federal, state or local taxes of any kind required by law to be withheld with respect to
any Restricted Stock which shall have become so vested; and (ii) the Company shall, to the extent permitted by law, have the right to deduct from any payment of any kind otherwise due to the Participant any federal, state or local taxes of any
kind required by law to be withheld with respect to any Restricted Stock which shall have become so vested or other withholding taxes that are required by law, including that the Company may, but shall not be required to, sell a number of Shares
sufficient to cover applicable withholding taxes. The Participant also acknowledges that it is his or her sole responsibility, and not the Company’s, to file timely and properly any election under Section 83(b) of the Internal Revenue Code
of 1986, as amended (the “Code”), and any corresponding provisions of state tax laws, if the Participant wishes to utilize such election. 
 8. Legend. In the event that a certificate evidencing Restricted Stock is issued, the certificate representing the Shares shall have endorsed thereon the following legend: 

“THE ANTICIPATION, ALIENATION, ATTACHMENT, SALE, TRANSFER, ASSIGNMENT, PLEDGE, ENCUMBRANCE OR CHARGE OF THE SHARES OF STOCK REPRESENTED HEREBY ARE
SUBJECT TO THE TERMS AND CONDITIONS (INCLUDING FORFEITURE) OF THE MARCHEX, INC. (THE “COMPANY”) 2003 

  
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AMENDED AND RESTATED STOCK INCENTIVE PLAN (THE “PLAN”) AND AN AGREEMENT ENTERED INTO BETWEEN THE REGISTERED OWNER AND THE COMPANY DATED AS OF THE 1st DAY OF JANUARY, 2007. COPIES OF SUCH PLAN AND AGREEMENT ARE ON FILE
AT THE PRINCIPAL OFFICE OF THE COMPANY.” 
 9. Certain Additional Payments by the Company. In the event it shall be
determined at any time that as a result, directly or indirectly, of the Shares or payment or distribution by the Company to or for the benefit of the Participant in connection therewith, whether paid or payable or distributed or distributable
pursuant to the terms of this Agreement or otherwise (a “Payment”), the Participant would be subject to the excise tax imposed by Section 4999 of the Code or any interest or penalties are incurred by the Participant with
respect to such excise tax (such excise tax, together with any such interest and penalties, are hereinafter collectively referred to as the “Excise Tax), then the Participant shall be entitled to promptly receive from the Company an
additional payment (a “Gross-Up Payment”) in an amount such that after payment by the Participant of all taxes (including any interest or penalties imposed with respect to such taxes), including, without limitation, any income taxes
(and any interest and penalties imposed with respect thereto) and Excise Tax imposed upon the Gross-Up Payment, but excluding any income taxes on the Payment, the Participant is in the same after-tax position as if no Excise Tax had been imposed
upon the Participant. 
 10. Recapitalizations, Reorganizations, Changes in Control and the Like. Adjustments and certain
other matters relating to recapitalizations, reorganizations, sale of the assets of the Company, changes in control and the like shall be made and determined in accordance with Section 16 of the Plan, as in effect on the date of this Agreement.

 11. Failure to Deliver Shares. If the Participant becomes obligated to sell any Shares to the Company under this
Agreement and fails to deliver such Shares in accordance with the terms of this Agreement, the Company may, at its option, in addition to all other remedies it may have, send to the defaulting Participant the Purchase Price for such Shares as is
herein specified. Thereupon, the Company, upon written notice to the defaulting Participant, shall cancel on its books the certificate or certificates representing the Shares to be sold, and all of the defaulting Participant’s rights in and to
such Shares shall terminate. 
 12. Specific Enforcement. The Participant expressly agrees that the Company may be
irreparably damaged if this Agreement is not specifically enforced. Upon a breach or threatened breach of the terms, covenants and/or conditions of this Agreement by Participant, the Company shall, in addition to all other remedies, each be entitled
to apply for a temporary or permanent injunction, and/or a decree for specific performance, in accordance with the provisions hereof. 
 13. No Special Employment or Other Contract Rights. Nothing contained in this Agreement shall be construed or deemed by any person under any circumstances to bind the Company to continue the
employment relationship of the Participant for the period within which the Shares shall vest. 
 14. Attorneys-in-Fact.
Each Participant hereby irrevocably appoints each person who may from time to time serve as Chief Executive Officer, Chief Financial Officer or General Counsel of the Company as his or her attorney-in-fact with specific authority to execute,
acknowledge, swear to, file, and deliver all consents, elections, instruments, certificates, and other documents and to take any other action requisite to carrying out the intention and purpose of this Agreement. 

  
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 15. Provisions of Plan Control. This Agreement is subject to all the terms,
conditions and provisions of the Plan, including, without limitation, the amendment provisions thereof, and to such rules, regulations and interpretations relating to the Plan as may be adopted by the Compensation Committee and as may be in effect
from time to time. The Plan is incorporated herein by reference. A copy of the Plan has been delivered to the Participant. If and to the extent that this Agreement conflicts or is inconsistent with the terms, conditions and provisions of the Plan,
the Plan shall control, and this Agreement shall be deemed to be modified accordingly. Unless otherwise indicated, any capitalized term used but not defined herein shall have the meaning ascribed to such term in the Plan. This Agreement contains the
entire understanding of the parties with respect to the subject matter hereof (other than any other documents expressly contemplated herein or in the Plan) and supersedes any prior agreements between the Company and the Participant. 

16. Governing Law; Successors and Assigns. This Agreement shall be governed by the internal and substantive laws of the State of
Delaware without giving effect to the conflicts of laws principles thereof and, except as otherwise provided herein, shall be binding upon the heirs, personal representatives, executors, administrators, successors and assigns of the parties. Each
party hereby consents to the personal jurisdiction of the State of Delaware, acknowledges that venue is proper in any state or Federal court in the State of Delaware, agrees that any action related to this Agreement must be brought in a state or
Federal court in the State of Delaware and waives any objection that may exist, now or in the future, with respect to any of the foregoing. 
 17. Attorney’s Fees. In the event that any suit or action is instituted to enforce any provision in this Agreement, the prevailing party in such dispute shall be entitled to recover from the
losing party all fees, costs and expenses of enforcing any right of such prevailing party under or with respect to this Agreement, including without limitation, such reasonable fees and expenses of attorneys and accountants, which shall include,
without limitation, all fees, costs and expenses of appeals. 
 18. Notices. Any notices or other communications required
to be given hereunder shall be given by hand delivery or by first class mail with all fees prepaid and addressed, if to the Company, to it at its principal place of business, Attn: General Counsel, and if to Participant, to him, her or it at the
address set forth in the signature page hereto. 
 19. Severability. If any provision of this Agreement shall be held to
be illegal, invalid or unenforceable, such illegality, invalidity or unenforceability shall attach only to such provision and shall not in any manner affect or render illegal, invalid or unenforceable any other provision of this Agreement, and this
Agreement shall be carried out as if any such illegal, invalid or unenforceable provision were not contained herein. 
 20.
Captions. Captions are for convenience only and are not deemed to be part of this Agreement. 
 21. Counterparts.
This Agreement may be executed in two or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument. 
 [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK] 

  
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 MARCHEX, INC. 
 Restricted Stock Agreement 
 Counterpart Signature Page 

IN WITNESS WHEREOF, this Agreement has been executed as an instrument under seal of the date and year first above written. 

 

			
	COMPANY:
	
	MARCHEX, INC.
		 	
	By:	 	  

		 	Name: Russell C. Horowitz
		 	Title: Chief Executive Officer

  

			
	PARTICIPANT:
	
	  

		
	Name:	 	
	Address:	 	  

	
	  

  
 -7-EX-10.11

 Exhibit 10.11 
 MASTER SERVICES AND LICENSE AGREEMENT 
 This
Master Services and License Agreement (“Agreement”) dated as of October 1, 2007, is by and between MDNH, Inc., a Delaware corporation, with a principal place of business at 101 Convention Center Drive, Suite 101, Las Vegas, NV
89109 (“Marchex Local”) and YellowPages.com LLC, a Delaware limited liability company, with a principal place of business at 611 N. Brand Boulevard, 5th Floor, Glendale, CA 91203 (“YPC”). YPC and Marchex Local may hereinafter also referred to
individually as “Party” and collectively as “Parties.” 
 W I T N E S S E T H:

 WHEREAS, Marchex Local provides a variety of online advertising related services, including consulting, technology
services and licensing, paid inclusion, and pay for performance advertising with third party search engines; 
 WHEREAS, the
Parties wish to establish standard terms and conditions under which the YPC Parties may obtain from Marchex Local services for the paid performance and/or paid inclusion of customers’ advertisements within online search engines, web sites and
directories and for related consulting services, technology services and licensing (to the extent expressly set forth herein, the “Advertising Services”); 
 WHEREAS, as of the Effective Date, Marchex Local and each YPC Party are entering into separate Project Addenda, pursuant to which each YPC Party will specify the services it will purchase from Marchex
Local in accordance with this Agreement and agree to be bound by the terms and conditions of this Agreement and assume the obligations of a YPC Party under this Agreement as such relate to the provision of services and licensing of technology to
such YPC Party hereunder; and 
 NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which are
hereby acknowledged, YPC and Marchex Local agree as follows: 
  

	1.	DEFINITIONS 

 As used herein, each of the
following terms shall have the meanings attributed to them as follows: 
  

	1.1.	“Advertisement” means the form of advertisement or paid listing submitted to a Search Engine using the Advertiser Information.

  

	1.2.	“Advertiser” means any entity that purchases an Advertising Package 

 

	1.3.	* * * 

  

	1.4.	“Advertiser Terms” means the terms and conditions in effect for all Advertisers to whom Services shall be delivered hereunder, as further provided in
Section 3.4. 

  

	1.5.	“Advertiser Web Site” means the Web site or property at the Advertiser URL (or redirect URL). 

 

	1.6.	“Advertiser URLs” means the Internet address associated with Advertisers that are provided, supplied or designated by a YPC Party to
Marchex Local pursuant to this Agreement. 

  
 1 

[* * *] Certain information in this agreement has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment
has been granted with respect to the omitted portions. 

	1.7.	“Advertising Package” means those packages of advertising services that the YPC Parties offer to Advertisers, as further provided in
Section 3.5 and as further described in Exhibit A hereto. 

  

	1.8.	“Affiliate” means, with respect to a Party, any entity that, directly or indirectly, controls, is controlled by, or is under common control with such
Party; and “control” means the direct or indirect possession of the power to direct or cause the direction of the management and policies of another entity, whether through the ownership of voting securities, by contract or otherwise.

  

	1.9.	* * * 

  

	1.10.	“Bankruptcy Event” means: (a) a receiver is appointed for a party or its property; (b) a party becomes insolvent or unable to pay its debts
as they mature in the ordinary course of business or makes a general assignment for the benefit of its creditors; or (c) any proceedings (whether voluntary or involuntary) are commenced against a party under any bankruptcy or similar law and
such proceedings are not vacated or set aside within sixty (60) days from the date of commencement thereof. 

  

	1.11.	* * * 

  

	1.12.	“Campaign” means the specific advertising campaign that Marchex Local submits to a specific Search Engine as part of an Advertising Package according
to a specific set of rules, including, without limitation, maximum bid. 

  

	1.13.	* * * 

  

	1.14.	“Confidential Information” shall have the meaning set forth in Section 8.1. 

 

	1.15.	* * * 

  

	1.16.	* * * 

  

	1.17.	* * * 

  

	1.18.	“Effective Date” means October 1, 2007. 

  

	1.19.	* * * 

  

	1.20.	“Fees” means the Marchex Local fees for the Services set forth in Exhibit B and any other fees arising pursuant to this Agreement.

  

	1.21.	“Intellectual Property Rights” means all worldwide copyrights, patents, mask work rights, trade secrets, know how, trademarks, service marks, moral
rights and other proprietary rights, and all applications and registrations therefor. 

  

	1.22.	* * * 

  

	1.23.	* * * 

  

	1.24.	“Optional Services” shall have the meaning set forth in Section 4. 

 

	1.25.	“Platform” means * * * 

  
 2 

[* * *] Certain information in this agreement has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment
has been granted with respect to the omitted portions. 

	1.26.	* * * 

  

	1.27.	“Project Addendum” means a separate written order for the Services that a YPC Party enters into with Marchex Local, subject to the terms and conditions
of this Agreement, in a form mutually agreed in writing by such YPC Party and Marchex Local. 

  

	1.28.	* * * 

  

	1.29.	* * * 

  

	1.30.	* * * 

  

	1.31.	* * * 

  

	1.32.	“Services” means * * * 

  

	1.33.	* * * 

  

	1.34.	“Specifications” means* * * 

  

	1.35.	* * * 

  

	1.36.	“Term” shall have the meaning set forth in Section 12.1. 

 

	1.37.	“Upgrades” means any upgrades, updates, revisions, corrections, modifications improvements, bug fixes, patches, maintenance releases, versions and
enhancements that Marchex Local makes to the Platform during the Term, including any accompanying Specifications, excluding any beta versions thereof. 

  

	1.38.	“User” means a person connected to the Internet. 

 

	1.39.	“YPC Party” means each of YPC, Southwestern Bell Yellowpages, Inc. (and its Affiliates Ameritech Publishing Inc., SNET Information Services, Pacific
Bell Directory, Nevada Bell, Southwestern Bell Advertising Group Inc., Southwestern Bell Advertising LP), BellSouth Advertising and Publishing Company, (and its Affiliates Intelligent Media Ventures, LLC and L.M. Berry Company) and, subject to
the prior written consent of YPC, any third party that mutually executes a Project Addendum with Marchex Local. 

  

	2.	AGREEMENT DOCUMENTS; ORDER OF PRECEDENCE 

  

	2.1.	Agreement and Project Addenda. The purpose of this Agreement, which is for the benefit of all YPC Parties, is to set forth: (i) the general terms and
conditions applicable to all Project Addenda; and (ii) the Services and initial related pricing available to YPC Parties for inclusion in Project Addenda. From time to time during the Term, Marchex Local and individual YPC Parties may execute
one or more written Project Addenda, which will specify the Services made available under this Agreement and the applicable terms. Once the authorized representatives for Marchex Local and the relevant YPC Party execute and deliver a Project
Addendum, such Parties shall perform their respective obligations thereunder subject to the terms and conditions set forth therein and in this Agreement. For the avoidance of doubt, the initial pricing available to the YPC Parties for the identified
Services shall be as set forth in Exhibit B * * * 

  
 3 

[* * *] Certain information in this agreement has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment
has been granted with respect to the omitted portions. 

	2.2.	Contents of Each Project Addendum. Each Project Addendum shall be numbered consecutively and dated and contain (or incorporate as attachments or by reference),
at a minimum, the following elements: * * * 

  

	2.3.	Prior Agreement. This Agreement and the Project Addenda shall supersede and replace the Master Agreement, dated as of April 16, 2004, between Marchex Local
and Intelligent Media Ventures, LLC (“IMV”), as amended by an Agreement, dated as of April __, 2005, between Marchex Local, IMV, Southwestern Bell Yellow Pages, Inc., YPC, and www.YellowPages.com, Inc. (collectively, the “Prior
Agreement”), and such Prior Agreement shall, in all respects, be void and of no further force or effect after the later of (i) the Effective Date and the date as of which all YPC Parties and Marchex Local have executed and delivered their
respective Project Addenda. 

  

	3.	PLATFORM LICENSE, ACCOUNTS AND REPORTING 

  

	3.1.	License. During the term of the applicable Project Addendum, Marchex Local hereby grants the YPC Parties a non-exclusive, limited, revocable, license to access
and use the Platform: * * * 

  

	3.2.	Establishment of Accounts. YPC Parties shall submit, with respect to each account: * * * 

 

	3.3.	Reporting to the YPC Parties. Marchex Local will maintain and make available to the YPC Parties * * * data and reports regarding * * * account performance. * * *

  

	3.4.	Advertiser Terms; YPC Marketing Practices. Each YPC Party shall enter into Advertiser Terms with each Advertiser to whom Services shall be delivered hereunder.
YPC represents that it will maintain a copy of its Advertiser Terms and any updates on such YPC Party’s website throughout the Term. * * * 

  

	3.5.	* * * 

  

	3.6.	* * * 

  

	(a)	* * * 

  

	(b)	* * * 

 * * * 

 

	(c)	* * * 

  

	(d)	* * * 

  

	(e)	* * * 

  

	(f)	* * * 

  

	3.7.	* * * 

  

	4.	MARCHEX LOCAL OPTIONAL SERVICES 

 To the
extent specified in a mutually executed Project Addendum, Marchex Local will provide the optional Services described below in Sections 4.1- 4.5 (“Optional Services”). 

  
 4 

[* * *] Certain information in this agreement has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment
has been granted with respect to the omitted portions. 

	4.1.	Editorial Creation. If a YPC Party has selected editorial creation as an Optional Service, Marchex Local will provide the following content creation and account
optimization services: 

  

	(a)	Editorial Content. Upon receiving account information from a YPC Party, Marchex Local will add creative content to accounts consisting of keyword selection,
titles, and/or descriptions, for the Advertising Packages designated for such accounts, as set forth below. 

  

	 	(i)	* * * 

  

	 	(ii)	* * * 

  

	 	(iii)	* * * 

  

	(b)	Optimization. 

  

	 	(i)	* * * 

  

	 	(ii)	* * * 

  

	4.2.	Media Buys; Purchasing and Payment Agent. To the extent a YPC Party orders or requests Advertising Services in the form of media purchases hereunder, YPC Party
grants to Marchex Local the authority to act as YPC Party’s * * * purchasing and/or paying agent * * * with respect to any publication of the Advertiser Information within designated Search Engines. * * * 

 

	(a)	General. To fulfill the Advertising Packages selected by Advertisers, Marchex Local shall (in each case to the extent made available by the applicable Search
Engine): * * * 

  

	(b)	* * * 

  

	(c)	* * * 

  

	(d)	* * * 

  

	4.3.	Advertiser Performance Reports. At the election of each YPC Party, Marchex Local shall, on a * * * basis according to the timetable set forth in the
applicable Project Addendum for such YPC Party, either: * * * 

  

	4.4.	Optimization of Accounts. If a YPC Party elects not to obtain the editorial creation service from Marchex Local described in Section 4.1, or if a YPC Party
elects to obtain optimization services in addition to the editorial creation service described in Section 4.1, such YPC Party may, at its option, obtain from Marchex Local separate optimization services pursuant to mutually acceptable terms and
pricing established in a Project Addendum. 

  

	4.5.	Training. 

  

	(a)	Platform Operations Training. Subject to the Fees set forth in Exhibit B, Marchex Local will provide to each YPC Party, to the extent expressly set forth in a
Project Addendum, * * *operations training for the Platform * * * 

  
 5 

[* * *] Certain information in this agreement has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment
has been granted with respect to the omitted portions. 

	(b)	Sales Training. Marchex Local will provide on-site sales training to each YPC Party upon request for the Fees set forth in Exhibit B. * * *

  

	5.	PRICES AND PAYMENT 

  

	5.1.	Pricing. Except as set forth below, Marchex Local shall furnish Services in accordance with the prices set forth in Exhibit B. 

* * * 
  

	(a)	* * * 

  

	 	(i)	* * * 

  

	 	(ii)	* * * 

  

	(b)	* * * 

  

	5.2.	Payment. 

  

	(a)	The applicable YPC Party shall pay Marchex Local any amounts due Marchex Local pursuant to Exhibit B and/or any Project Addendum within * * * days of its receipt
of invoice from Marchex Local. Each invoice will itemize and describe Fees paid pursuant to Exhibit B. * * * All fees quoted and payments made hereunder shall be in immediately available U.S. dollars. 

 

	(b)	* * * 

  

	(c)	* * * 

  

	(d)	* * * 

  

	5.3.	Taxes. All Fees are exclusive of any local, state or federal sales, use, gross receipts, excise, import or export, value added or similar taxes, duties, fees,
assessments or levies (“Taxes”), which shall be the sole obligation of the applicable YPC Party. Marchex Local shall separately state on each applicable invoice, and the YPC Party shall pay, any Taxes legally imposed on or with respect to
the Services provided hereunder and the fees and other amounts paid with respect thereto, provided, however, that the YPC Party shall not be responsible for franchise taxes applicable to Marchex Local or taxes on Marchex Local’s net income,
profits, business assets, or ad valorem personal property. Marchex Local shall not invoice the YPC Party for any Taxes if, and to the extent that, the YPC Party submits a properly executed certificate of exemption or direct pay permit. Should
Marchex Local claim any deductions, tax credits or refunds for Taxes borne by the YPC Party under this Agreement, Marchex Local shall promptly reimburse the YPC Party the amount of such credits or refunds or the benefit of any such deduction Marchex
Local actually receives. 

  

	5.4.	* * * 

  

	6.	* * * 

  

	6.1.	* * *. 

  

	6.2.	* * * 

  
 6 

[* * *] Certain information in this agreement has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment
has been granted with respect to the omitted portions. 

	(a)	* * * 

  

	(b)	* * * 

  

	6.3.	Bankruptcy. All rights and licenses granted under or pursuant to this Agreement by Marchex Local to the YPC Parties are, and shall otherwise be deemed to be, for
purposes of § 365(n) of the United States Bankruptcy Code (the “Code”), licenses to rights to “intellectual property” as defined under the Code. The Parties agree that the YPC Parties, as licensees of such rights under this
Agreement, shall retain and may fully exercise all of their rights and elections under the Code. The Parties further agree that, in the event of the commencement of a bankruptcy or similar proceeding by or against Marchex Local under the Code, the
YPC Parties shall be entitled to retain all of their rights under this Agreement and any Project Addendum. 

  

	7.	PROPRIETARY RIGHTS 

  

	7.1.	License to Advertiser URLs and Other Advertiser Information. 

  

	(a)	Each YPC Party hereby grants Marchex Local a limited, non-transferable, non-exclusive, revocable license, during the Term, to * * *. The Parties shall have no right to,
and shall not, add any viral, spyware or other code intended to damage software, computers or data or track User behavior in any manner other than as expressly permitted in this Agreement. Marchex Local shall not use such Advertiser URLs and/or
other Advertiser Information except as required to provide the Services hereunder. 

  

	(b)	* * * 

  

	7.2.	* * * 

  

	7.3.	Trademark License. 

  

	(a)	Each Party (“Granting Party”) grants the other Party (“Licensee Party”) a limited, non-exclusive, nontransferable, non-sub-licensable
and royalty-free license for the Term to reproduce and use the Granting Party’s name, trademarks, service marks and logos, (hereinafter referred to collectively as the “Marks”) solely for the purposes contemplated in this
Agreement; provided that any such use shall be subject to the specific written prior approval of the Granting Party in each case, shall be in accordance with any guidelines for and restrictions on such use that the Granting Party may provide the
Licensee Party from time to time, and, in the case of Marks of certain YPC Parties, may require mutual execution of an additional trademark license agreement. Any use by the Licensee Party of the Marks shall be accompanied by appropriate symbols,
designations and notices consistent with the Granting Party’s trademark policies. If the Granting Party becomes aware of any improper use by the Licensee Party of the Marks, the Granting Party will notify the Licensee Party of such improper use
and the Licensee Party will promptly correct such use in a commercially reasonable manner. 

  

	(b)	 Each Party acknowledges and agrees that the Granting Party exclusively owns and shall continue to own exclusively all right, title and interest in and
to its Marks, and the Licensee Party agrees that it will do nothing inconsistent with such ownership. All of such use of the Marks shall inure solely to the benefit of the Granting Party and shall not create any rights, title or interest in the
Licensee Party in or to any of the Marks. Except as set forth in Section 7.3(a), nothing contained in this Agreement shall grant or shall be deemed to grant to the Licensee Party any right, title or interest in or to the Marks, and the Licensee
Party hereby conveys to the Granting Party any such right, title or interest it may acquire. Neither Party shall engage in any trade practice, 

  
 7 

[* * *] Certain information in this agreement has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment
has been granted with respect to the omitted portions. 

	 	
employment practice, or other activity which is harmful to the goodwill associated with the Marks, or that reflects unfavorably on the reputation of either Party, its Affiliates or their
respective products and services, or which constitutes deceptive or unfair competition, consumer fraud or misrepresentation. Except as expressly permitted in this Agreement, neither Party shall use or attempt to register any of the other
Party’s Marks or any confusingly similar mark, or any modified form, as an Internet domain name in the USA or anywhere else in the world. Neither Party shall create a combination mark or logo using its name with the other Party’s Marks or
use the licensor Party’s Marks in any modified form or as part of any other Internet domain name in the USA or anywhere else in the world. 

  

	7.4.	Reservation of Rights. Except as expressly provided herein, this Agreement is not intended to, and shall not, affect the ownership by any Party of any of its
Intellectual Property Rights, content, products and services, and this Agreement shall not be construed as the assignment or transfer of any ownership rights in any of the foregoing from any Party to another. Except as expressly provided herein,
this Agreement shall not be deemed a license (by implication, estoppel, or otherwise) under any Party’s patent rights or other Intellectual Property Rights. The Parties reserve all rights not expressly granted under this Agreement.

  

	8.	CONFIDENTIALITY 

  

	8.1.	Confidential Information. For purposes of this Agreement and any Project Addendum, the term “Confidential Information” shall mean all technical,
business, and other information of Marchex Local disclosed to or obtained by a YPC Party, or of a YPC Party disclosed to or obtained by Marchex Local, in connection with this Agreement or any Project Addendum, whether prior to, on or after the date
of this Agreement, that derives economic value, actual or potential, from not being generally known to others, including, without limitation, any technical or non-technical data, designs, methods, techniques, drawings, processes, products,
inventions, improvements, methods or plans of operation, research and development, business plans and financial information of such Party. 

  

	8.2.	Use and Disclosure. No Party shall use (except to fulfill the Party’s obligations under this Agreement) or disclose to any third person any Confidential
Information disclosed to or obtained by that Party from another Party. Each Party shall be directly responsible for any unauthorized use or disclosure of another Party’s Confidential Information by its employees, agents or contractors.

  

	8.3.	Legally Compelled Disclosure. If any Party becomes legally compelled to disclose any Confidential Information of another Party (whether by judicial or
administrative order, applicable law, rule or regulation, or otherwise), that Party shall use all reasonable efforts to provide the other Party with prior notice thereof so that the other Party may seek a protective order or other appropriate remedy
to prevent such disclosure. If such protective order or other remedy is not obtained prior to the time such disclosure is required, the Party required to make the disclosure will only disclose that portion of such Confidential Information which it
is legally required to disclose. 

  

	8.4.	* * * 

  

	8.5.	Confidentiality of Platform. Information regarding the Platform is the Confidential Information of Marchex. * * * 

  
 8 

[* * *] Certain information in this agreement has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment
has been granted with respect to the omitted portions. 

	8.6.	Exceptions. The restrictions contained in this Section 8 shall not apply to any information that: (a) was publicly available or otherwise known to the
receiving Party at the time of disclosure, (b) subsequently becomes publicly available through no act or omission by the receiving Party or any of its employees, agents or contractors, (c) is or has been independently developed by the
receiving Party without violation of this Agreement, (d) is lawfully obtained by the receiving Party from a third party without any obligation of confidentiality, or (d) is generally made available by the disclosing Party to third parties
without any restriction on disclosure. 

  

	8.7.	* * * 

  

	9.	REPRESENTATIONS AND WARRANTIES 

  

	9.1.	Representations and Warranties of Marchex Local. 

  

	(a)	Marchex Local represents and warrants that as of the Effective Date and at all times throughout the Term: * * * Marchex makes no representations or warranties for any
purposes, whether hereunder or with respect to any Search Engines or third parties, with respect to any Advertiser, its business or operations, the Advertiser Information a YPC Party or any third party provides to Marchex Local, or the Advertiser
Web Site. 

  

	(b)	* * * 

  

	(c)	* * * 

  

	(d)	Marchex Local shall promptly notify YPC in writing in the event it becomes aware of any breach of any of the foregoing representations and warranties set forth in this
Section 9.1. 

  

	9.2.	YPC Parties’ Warranties. Subject to the limitations set forth in Section 2.1, YPC represents and warrants to Marchex Local, and each other YPC Party
separately represents and warrants to Marchex Local by entering into a Project Addendum, that as of the Effective Date and at all times throughout the Term: * * * A YPC Party shall promptly notify Marchex Local in writing in the event it becomes
aware of any breach of any of the foregoing representations and warranties. 

  

	9.3.	Warranty Disclaimers. 

  

	(a)	* * * 

  

	(b)	* * * 

  

	10.	* * * 

 10.1. * * * 

10.2. * * * 
 10.3. * * * 

 

	11.	LIMITATION OF LIABILITY 

  

	11.1.	* * * 

  
 9 

[* * *] Certain information in this agreement has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment
has been granted with respect to the omitted portions. 

	12.	TERM AND TERMINATION 

  

	12.1.	Term. The term of this Agreement shall commence on the Effective Date, and shall continue, unless earlier terminated as provided below, through * * *
(“Initial Term”). Following the Initial Term, this Agreement shall renew automatically for successive one (1) year periods * * * 

  

	12.2.	Termination for Breach. Any Party to a Project Addendum may terminate the Project Addendum by written notice to the other Party upon the occurrence of any of the
following events: (a) the other Party commits a material breach of the Project Addendum (or any terms of this Agreement as they relate to the Project Addendum) and such breach remains uncured for thirty (30) days following written notice
of breach by the terminating party; or (b) the other Party experiences a Bankruptcy Event. 

  

	12.3.	Effect of Expiration or Termination. Sections 1, 2.1, 2.3, 5.4, 6.3, 7.1(b), 7.2, 7.3(b), 7.4, 8, 9.3, 10, 11, 12.3 and 14, and any remedies set forth in the
Exhibits, if any, shall survive any expiration or termination of this Agreement, and all other rights and licenses shall terminate. In addition, notwithstanding any termination or expiration of this Agreement or any Project Addendum, upon request of
a YPC Party, Marchex Local shall continue to provide Services for any and all Advertising Packages issued by a YPC Party prior to such expiration or termination and Sections 4 and 5 shall survive with respect thereto. 

13. * * * 
  

	14.	MISCELLANEOUS 

  

	14.1.	Compliance with Laws. Each Party shall comply with all applicable laws, rules and regulations in the performance of this Agreement and any Project Addendum,
including, without limitation, any applicable laws, rules and regulations concerning the collection, use and distribution of information collected via the Internet. * * * 

 

	14.2.	Force Majeure. No Party shall be liable to the other for any default or delay in the performance of any of its obligations under this Agreement or any Project
Addendum if such default or delay is caused, directly or indirectly, by any cause beyond such Party’s reasonable control (each, a “Force Majeure Event”); provided, however, that the Party affected by the Force Majeure Event
shall provide the other Party with prompt written notice of the Force Majeure Event and use commercially reasonable efforts to minimize the effect of the Force Majeure Event upon such Party’s performance; provided, further, that should the
performance by any Party of its obligations under this Agreement and/or any Project Addendum be prevented by a Force Majeure Event for more than sixty (60) days, the other Party shall have the right to terminate the affected Project Addendum
without liability to the non-performing Party (except payment obligations for performance prior to the Force Majeure Event). 

  

	14.3.	* * * 

  

	14.4.	* * * 

  

	14.5.	Assignment. * * *All terms and provisions of this Agreement and all related Project Addenda will be binding upon and inure to the benefit of the Parties hereto
and their respective permitted transferees, successors and assigns. Any attempt to assign other than in accordance with this provision shall be null and void. 

  
 10 

[* * *] Certain information in this agreement has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment
has been granted with respect to the omitted portions. 

	14.6.	Notice. Unless otherwise specified herein, all notices, invoices and other communications required or permitted to be given or made hereunder or under any
Project Addendum shall be in writing and delivered personally or sent by pre-paid, first class certified or registered mail, return receipt requested, or by facsimile transmission, to the intended recipient thereof at such Party’s address or
facsimile number set out below. Any such notice or communication shall be deemed to have been duly given: (a) immediately (if given or made in person or by facsimile confirmed by mailing a copy thereof to the recipient in accordance with this
Section 14.6 on the date of such facsimile); (b) on the second business day after delivery to a recognized overnight express courier service; or (c) five days after mailing (if given or made by mail), and in proving same it shall be
sufficient to show that the envelope containing the same was delivered to the courier or postal service and duly addressed, or that receipt of a facsimile was confirmed by the recipient as provided above. The addresses and facsimile numbers of the
Parties for purposes of this Agreement are: 

  

			
	 YPC:
	 	Marchex Local:
		
	 YellowPages.com LLC
 Attn: Vice President-Strategy
 611 N. Brand Blvd., Room 508

Glendale, CA 91203
 Fax: (818) 247-7273
	 	 MDNH, Inc.
 Attn:
President
 101 Convention Center Drive Suite 330
 Las Vegas, NV 89109
 Fax: (702) 784-1780

		
	 With a copy to:
	 	With a copy to:
		
	 YellowPages.com LLC
 Attn: General Counsel
 611 N. Brand Blvd., Room 520

Glendale, CA 91203
 Fax: (818) 247-7273
	 	 Marchex, Inc.
 Attn: General
Counsel
 413 Pine Street, Suite 500

Seattle, WA 98101
 Fax: (206)
331-3696

  
 Either Party may change the address
to which notices or other communications to such Party shall be delivered or mailed by giving notice thereof to the other Party hereto in the manner provided herein. 
  

	14.7.	Independent Contractors * * *. The Parties acknowledge that, except as expressly provided in this Agreement, the relationship of the YPC Parties on the one hand
and Marchex Local on the other is that of independent contractors and nothing contained in this Agreement or any Project Addendum shall be construed to place any YPC Party and Marchex Local in the relationship of principal and agent, master and
servant, partners or joint venturers. Except as expressly provided in this Agreement, neither the YPC Parties on the one hand nor Marchex Local on the other shall have, expressly or by implication, or represent itself as having, any authority to
make contracts or enter into any agreement in the name of the other Party, or to obligate or bind the other Party in any manner whatsoever. * * * 

  

	14.8.	Amendment; Waiver. No amendment of any provision of this Agreement shall be effective unless set forth in a writing signed by a representative of YPC and Marchex
Local, and then only to the extent specifically set forth therein. Similarly, no amendment of any provision of any Project Addendum shall be effective unless set forth in a writing signed by a representative of the applicable YPC Party and Marchex
Local, and then only to the extent specifically set forth therein. No course of dealing on the part of any Party, nor any failure or delay by any Party with respect to exercising any of its rights, powers or privileges under this Agreement, any
Project Addendum or law shall operate as a waiver thereof. No waiver by any Party of any condition or the breach of any provision of this Agreement or any Project Addendum in any one or more instances shall be deemed a further or continuing waiver
of the same or any other condition or provision. 

  

	14.9.	* * * 

  
 11 

[* * *] Certain information in this agreement has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment
has been granted with respect to the omitted portions. 

	14.10.	Choice of Law; Consent to Jurisdiction and Venue. This Agreement and each Project Addendum shall be governed by the laws of the State of New York, without regard
to its conflict of law rules. Any claims or litigation arising under this Agreement will be brought by the Parties solely in the Federal courts in the Southern District of New York or the State courts in New York County, New York. The Parties hereby
expressly agree, consent and submit to the exclusive personal jurisdiction of such courts, and the Parties also consent, submit to and agree that venue in such claims or litigation is proper in said courts and county and the Parties hereby expressly
waive any and all rights under applicable law or in equity to object to the jurisdiction and venue in said courts and county. 

  

	14.11.	* * * 

  

	14.12.	Entire Agreement. This Agreement, together with the Project Addenda and the Exhibits hereto, all of which are incorporated herein and made part hereof by this
reference, embodies the entire agreement between the Parties with respect to the subject matter hereof and thereof, and supersedes all prior agreements and understandings between the Parties relating to the subject matter hereof and thereof. No
representation, promise or inducement has been made by the Parties which is not embodied in this Agreement. 

  

	14.13.	Severability. All rights and restrictions contained herein and in any Project Addendum may be exercised and shall be applicable and binding only to the extent
that they do not violate any applicable laws and are intended to be limited to the extent necessary to render this Agreement legal, valid and enforceable. If any term of this Agreement, any Project Addendum or part thereof, not essential to the
commercial purpose of this Agreement or such Project Addendum shall be held to be illegal, invalid or unenforceable, it is the intention of the Parties that the remaining terms hereof or such Project Addendum, or part thereof shall constitute their
agreement with respect to the subject matter hereof and thereof and all such remaining terms, or parts thereof, shall remain in full force and effect. To the extent legally permissible, any illegal, invalid or unenforceable provision of this
Agreement or any Project Addendum shall be replaced by a valid provision which will implement the commercial purpose of the illegal, invalid or unenforceable provision. 

 

	14.14.	Mitigation of Damages. Each Party shall use good faith commercially reasonable efforts to minimize its damages and the other Party’s liability arising from
or in connection with this Agreement and any Project Addendum. 

  

	14.15.	Headings. The headings contained in this Agreement and any Project Addendum are for convenience of reference only and are not intended to have any substantive
significance in interpreting this Agreement or such Project Addendum. 

  

	14.16.	Counterparts; Facsimile. This Agreement and any Project Addendum may be executed in any number of counterparts, each of which will be deemed an original and all
of which together will constitute one and the same instrument. This Agreement, any Project Addendum and any written amendments hereto or thereto, may be executed by facsimile. 

  
 12 

[* * *] Certain information in this agreement has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment
has been granted with respect to the omitted portions. 

 IN WITNESS WHEREOF, YPC and Marchex Local have caused this Agreement to be executed by their
duly authorized agents. 
  

									
	YELLOWPAGES.COM LLC	 		 	MDNH, INC.
					
	By:	 	/s/ Charles Stubbs    	 		 	By:	 	/s/ Brendhan Hight    
					
	Name:	 	Charles Stubbs	 		 	Name:	 	Brendhan Hight
					
	Title:	 	CEO	 		 	Title:	 	Executive Officer, MDNH, Inc.
					
	Date:	 	10/09/07	 		 	Date:	 	10/10/07

  
 13 

[* * *] Certain information in this agreement has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment
has been granted with respect to the omitted portions. 

 EXHIBIT A 
 * * * 

  
 1 

[* * *] Certain information in this agreement has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment
has been granted with respect to the omitted portions. 

 EXHIBIT B 
 * * * 

  
 1 

[* * *] Certain information in this agreement has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment
has been granted with respect to the omitted portions. 

 EXHIBIT C 
 * * * 

  
 1 

[* * *] Certain information in this agreement has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment
has been granted with respect to the omitted portions. 

 EXHIBIT D 
 * * * 

  
 1 

[* * *] Certain information in this agreement has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment
has been granted with respect to the omitted portions.

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