Document:

EX-10.2

 Exhibit 10.2 

AMENDMENT NO. 1 
 GLOBAL
INDEMNITY PLC 
 SHARE INCENTIVE PLAN 

This AMENDMENT No. 1 (the “Amendment”) effective 8 February 2015 amends, subject to the receipt of the approval of the
Shareholders of Global Indemnity plc (the “Company”), the terms and conditions of the Global Indemnity Share Incentive Plan dated 9 February 2014 (the “Plan”). Any capitalized terms used but not otherwise defined herein
shall have the meaning set forth in the Plan. 
 Whereas, at the 9 February 2014 meeting of the Directors of the Company, the Plan was
approved by the Directors of the Company; and 
 Whereas, at the 11 June 2014 meeting of the Shareholders of the Company, the Plan was
approved by the Shareholders of the Company; 
 Whereas, the Company desires to effect the revisions to the Plan set forth herein effective
as of 8 February 2015, subject to the receipt of the approval of the Shareholders of the Company: and; 
 Whereas, the Company intends to submit the
Amendment to the Shareholders of the Company for approval at its 2015 Annual General Meeting of Shareholders. 
 NOW, THEREFORE, the Plan is
amended as follows: 
 1. The first sentence of the third paragraph of Section 3 of the Plan is amended in its entirety as follows:

 “The total number of Ordinary Shares subject to any Stock Option which may be granted under this Plan to any Participant shall not
exceed 300,000 shares (subject to any increase or decrease pursuant to this Section 3) during each fiscal year of the Company.” 

2. Except as expressly amended hereby, the Plan remains unmodified and in full force and effect. 

3. This Amendment shall be governed by and construed and enforced in accordance with the laws of the State of Delaware without regard to the
principles of conflicts of law thereof. 

 GLOBAL INDEMNITY PLC 

SHARE INCENTIVE PLAN 
 Section 1.
Purpose; Definitions 
 The purpose of the Plan is to give Global Indemnity plc, a public limited company established in Ireland with
registered number 481805 having its registered office at 25/28 North Wall Quay, Dublin 1 (the “Company”), and its Affiliates (as defined below) a competitive advantage in attracting, retaining and motivating officers, employees,
consultants and non-employee directors, and to provide the Company and its Affiliates with a share plan providing incentives linked to the financial results of the Company’s businesses and increases in shareholder value. 

For purposes of the Plan, the following terms are defined as set forth below: 

“Affiliate” of a Person means a Person, directly or indirectly, controlled by, controlling or under common control with such
Person and with respect to the Company, includes without limitation its Subsidiaries and its Parent. 
 “Award” means any
award under this Plan of any Stock Option, Restricted Share, or Other Share-Based Award. 
 “Award Agreement” means a
Restricted Share Agreement or an Option Agreement. An Award Agreement may include provisions included in an employment or consulting agreement of the Company or any of its Affiliates. 

“Board” means the Board of Directors of the Company. 

“Cause” means, unless otherwise provided in the Participant’s employment or consulting agreement with the Company or any
of its Affiliates, that (i) the Participant is charged with or 

 
has committed a felony or other crime involving moral turpitude or conduct adverse to the interests of the Company, (ii) the Participant commits fraud, embezzlement or other conduct adverse
to the interests of the Company or its Affiliates, (iii) the Participant substantially fails to perform his duties or obligations to the Company or its Affiliates, provided that he has been given notice and an opportunity to cure not to exceed
thirty (30) days under circumstances in which the Board determines, in its sole discretion, that such failure to perform is in fact curable, or (iv) the Participant violates Company policies or policies of its Affiliates or materially
breaches any representation made to the Company or its Affiliates. 
 “Code” means the Internal Revenue Code of 1986, as
amended from time to time, and any successor thereto. 
 “Committee” means (a) the Compensation & Benefits
Committee of the Board; or (b) a committee (or subcommittee) of the Board that the Board may designate to administer or make decisions required to be made under the Plan, whose membership shall be composed of not less than two directors who are
intended to qualify as Non-Employee Directors and, to the extent required by Section 162(m) of the Code and any regulations thereunder, “outside directors” as defined under Section 162(m) of the Code, each of whom shall be
appointed by and serve at the pleasure of the Board or (c) if at any time no such committee of the Board under (a) or (b) is so designated by the Board, the Board. 

“Company” has the meaning set forth in the preamble hereto and any successors by operation of law. 

“Disability” means permanent and total disability as defined in Section 22(e)(3) of the Code. A Disability shall only be
deemed to occur at the time of the determination by the Committee of the Disability. 
 “Employment” means, unless
otherwise defined in an applicable Award Agreement or employment or consulting agreement, employment with, or service as a director or officer of, or as a consultant to, the Company or any of its Affiliates. 

“Exchange Act” means the Securities Exchange Act of 1934, as amended from time to time, and any successor thereto. 

“Exercise Price” has the meaning set forth in Section 5(a). 

“Fair Market Value” of the Ordinary Shares means (unless otherwise provided in the applicable Award Agreement), as of any
given date, the closing price on the applicable date of the Ordinary Shares on the Nasdaq National Market or, if not listed on such market, on any other national securities exchange on which the Ordinary Shares are listed or, if not so listed, on
The Nasdaq Stock Market, Inc. and, if not so quoted, the average of the closing bid and ask prices for the Ordinary Shares in the over-the-counter market on which the Ordinary Shares are actively traded. If such sales prices are not so available or
the Ordinary Shares are not actively traded, as determined by the Committee in its sole discretion, the Fair Market Value of the Ordinary Shares 

  
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shall mean the fair value as determined by the Committee in light of all circumstances, including comparable recent bona fide sales of applicable or similar securities. For purposes of the grant
of any Stock Option, the applicable date shall be the date on which the Stock Option is granted. 
 “Family Member” means,
solely to the extent provided for in Rule 701 under the Securities Act or, following the filing of a Securities Act Form S-8 with respect to the Plan, solely to the extent provided for in Securities Act Form S-8, any child, stepchild, grandchild,
parent, stepparent, grandparent, spouse, former spouse, sibling, niece, nephew, mother-in-law, father-in-law, son-in-law, daughter-in-law, brother-in-law, or sister-in-law, including adoptive relationships, any person sharing the employee’s
household (other than a tenant or employee), a trust in which these persons have more than fifty percent (50%) of the beneficial interest, a foundation in which these persons (or the employee) control the management of assets, and any other
entity in which these persons (or the employee) own more than fifty percent (50%) of the voting interests or as otherwise defined in Rule 701 under the Securities Act or Securities Act Form S-8, as applicable. 

“FPC” means Fox Paine & Company, LLC, its subsidiaries and related entities (including without limitation Fox Paine
Capital, LLC, Fox Paine Capital Fund, L.P., Fox Paine Capital Fund II GP, LLC, Fox Paine Capital Fund II L.P., Fox Paine Capital Fund II International, L.P., Fox Paine Capital Fund II Co-Investors International, LP.), and all Persons that are
partners or shareholders or members in any such related entities) and all partners, members, directors, employees, shareholders and agents of any of the foregoing. 

“Incentive Stock Option” means a Stock Option intended to qualify as an incentive stock option within the meaning of
Section 422 of the Code. 
 “Management Shareholders’ Agreement” means the Management Shareholders’
Agreement, dated as of September 5, 2003, among the Company, the FPC Stockholder, and the Management Investors, as defined therein, as amended and/or restated from time to time. 

“Non-Employee Director” means a member of the Board who qualifies as a Non-Employee
Director (as defined in Rule 16b-3(b)(3) as promulgated by the SEC under the Exchange Act, or any successor definition adopted by the SEC). 

“Nonstatutory Stock Option” means a Stock Option not intended to qualify as an Incentive Stock Option. “Option
Agreement” means an agreement setting forth the terms and conditions of a Stock Option Award. “Other Share-Based Award” means any Award granted under Section 7. 

“Ordinary Shares” means the Class A Ordinary shares, par value $0.0001 per share, of the Company having the rights,
preferences and privileges set out in the Company’s Articles of Association, as amended from time to time. 

  
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 “Parent” means any parent corporation of the Company within the meaning of
Section 424(e) of the Code. 
 “Participant’ has the meaning set forth in Section 4. 

“Performance Criteria” has the meaning set forth in Exhibit A. 

“Performance Goal means the objective performance goals established by the Committee and, if desirable for purposes of
Section 162(m) of the Code, based on one or more Performance Criteria. 
 “Performance Period” means three consecutive
fiscal years of the Company, or such shorter period as determined by the Committee in its discretion. 
 “Person” means an
individual, corporation, partnership, limited liability company, joint venture, trust, unincorporated organization, government (or any department or agency thereof) or other entity. 

“Plan” means the Global Indemnity plc Share Incentive Plan, as set forth herein and as hereinafter amended from time to time.

 “Plan Shares” has the meaning set forth in Section l0(a). 

“Restricted Shares” means an Award of Ordinary Shares granted under Section 6. 

“Restricted Share Purchase Agreement’ means an agreement setting forth the terms and conditions of an Award of Restricted
Shares. 
 “Retirement’ means a Participant’s Termination of Employment without Cause at or after age fifty-five (55).

 “SEC” means the Securities and Exchange Commission or any successor agency. 

“Securities Act” means the Securities Act of 1933, as amended from time to time, and any successor thereto. 

“Share Award” means an Award consisting of either shares of Ordinary Shares or a right to receive Ordinary Shares in the
future, each pursuant to Section 6 of the Plan. 
 “Stock Option” means any Nonstatutory Stock Option or Incentive
Stock Option. 
 “Subsidiary’ means any subsidiary corporation of the Company within the meaning of Section 424(f) of
the Code. 
 “Termination of Employment” means (i) a termination of service (for reasons other than a military or
personal leave of absence granted by the Company) of a Participant from the Company or an Affiliate, unless the Participant thereupon becomes employed by the Company or another affiliate. 

  
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 In addition, certain other terms used herein have definitions otherwise ascribed to them herein.

 Section 2. Administration 
 This
Plan shall be administered by the Committee. 
 Among other things, the Committee shall have the authority, subject to the terms of the
Plan, to: 
 (a) select the Participants to whom Awards may from time to time be granted and designate the Affiliates of the Company for
purposes of the Plan; 
 (b) determine whether and to what extent Awards are to be granted hereunder, 

(c) determine the number of shares of Ordinary Shares to be covered by each Award granted hereunder; 

(d) determine the terms and conditions of any Award granted hereunder (including, but not limited to, the Exercise Price (subject to
Section 5(a)), any vesting conditions, restrictions or limitations (which may be related to the performance of the Participant, the Company or any of its Affiliates)) and any acceleration of vesting or waiver or cancellation regarding any Award
and the shares of Ordinary Shares relating thereto, based on such factors as the Committee shall determine; 
 (e) subject to Section 8
hereof, modify, amend or adjust the terms and conditions of any Award, at any time or from time to time, including, but not limited to, the authority to either (1) reduce the Exercise Price of an outstanding Stock Option or Other Share Based Award
or (2) simultaneously cancel Stock Options for which the Exercise Price exceeds the then current Fair Market Value of the underlying Ordinary Shares and grant a new Award with an Exercise Price equal to or greater than the then current Fair Market
Value of the underlying Ordinary Shares. 
 (f) determine to what extent and under what circumstances Ordinary Shares and other amounts
payable with respect to an Award shall be deferred; 
 (g) adopt, alter and repeal such administrative rules, guidelines and practices
governing the Plan as it shall from time to time deem advisable; 
 (h) interpret the terms and provisions of the Plan and any Award issued
under the Plan (and any agreement, including, but not limited to, an Award Agreement relating thereto); 
 (i) adopt any sub-plans
applicable to residents of any specified jurisdiction as it deems necessary or appropriate in order to comply with or take advantage of any tax laws or other laws applicable to the Company, its Affiliates, or to Participants or to otherwise
facilitate the administration of the Plan, which sub-plans may include additional restrictions or conditions applicable to Awards or Plan Shares acquired upon exercise of Awards; and 

(j) otherwise supervise and administer of the Plan. 

  
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 The Committee may act only by a majority of its members then serving thereon, except that, if
permissible under applicable law, the Committee may designate or allocate all or any portion of its responsibilities and powers to any one or more of their number or any officer of the Company. Any such designation or allocation may be revoked by
the Committee at any time. 
 Any dispute or disagreement which may arise under, or as a result of, or in any way relate to, the
interpretation, construction or application of the Plan or an Award (or related Award Agreement) granted hereunder shall be determined and resolved by the Committee. Any determination or resolution made by the Committee pursuant to the provisions of
the Plan with respect to the Plan, any Award or Award Agreement shall be made in the sole discretion of the Committee and, with respect to an Award, at the time of the grant of the Award or, unless in contravention of any express term of the Plan or
the Award Agreement, at any time thereafter. Except as otherwise set forth herein or in any Award Agreement, all decisions made by the Committee in accordance with the terms of this Plan or the Award Agreements shall be final, conclusive and binding
on all Persons, including the Company, its Affiliates and the Participants. 
 To the maximum extent permitted by applicable law and the
Articles of Association of the Company and to the extent not covered by insurance directly insuring such person, each officer and member or former member of the Committee or the Board shall be indemnified and held harmless by the Company against any
cost or expense (including reasonable fees and expenses of counsel reasonably acceptable to the Committee) or liability (including any sum paid in settlement of a claim with the approval of the Committee), and advanced amounts necessary to pay the
foregoing at the earliest time and to the fullest extent permitted, arising out of any act or omission to act in connection with the administration of this Plan, except to the extent arising out of such officer’s, member’s or former
member’s own fraud or bad faith. Such indemnification shall be in addition to any rights of indemnification the employees, officers, directors or members or former officers, directors or members may have under applicable law or under the
Articles of Association of the Company or any Affiliate. Notwithstanding anything else herein, this indemnification will not apply to the actions or determinations made by an individual with regard to Awards granted to him or her under this
Plan. 
 Section 3. Ordinary Shares Subject to Plan 

The total number of Ordinary Shares reserved and available for grant under the Plan shall be 2,000,000 (subject to any increase or decrease
pursuant to this Section 3). Shares subject to an Award under the Plan may be authorized and unissued shares of Ordinary Shares or Ordinary Shares held in or acquired for the treasury of the Company or both. 

If any Restricted Shares or Other Share-Based Awards are forfeited to the Company or if any Stock Option terminates without being exercised,
the shares subject to such Awards shall again be available for distribution in connection with Awards under the Plan. In addition, in determining the number of Ordinary Shares available for Awards other than Incentive Stock Options, if Ordinary
Shares have been delivered or exchanged by a Participant as full or partial payment to the Company for payment of the exercise price, or for payment of withholding taxes, or if the number of Ordinary Shares otherwise deliverable has been reduced for
payment of the exercise price or for payment of withholding taxes, the number of Ordinary Shares exchanged or reduced as payment in connection with the exercise or for withholding shall again be available for purposes of Awards other than Incentive
Stock Options under this Plan. 

  
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 The total number of Ordinary Shares subject to any Stock Option which may be granted under this
Plan to each Participant shall not exceed 100,000 shares (subject to any increase or decrease pursuant to this Section 3) during each fiscal year of the Company. The individual Participant limitations set forth in this Section 3 shall be
cumulative; that is, to the extent that Ordinary Shares for which Options are permitted to be granted to a Participant pursuant to this Section during a fiscal year of the Company are not covered by a grant of an Option in the Company’s fiscal
year, such Ordinary Shares available for grants to such Participant automatically increase in the subsequent fiscal years during the term of the Plan until used. 

No individual may be granted in any fiscal year of the Company Other Share-Based Awards that are contingent upon the attainment of Performance
Goals covering more than 50,000 Shares. 
 In the event any merger, reorganization, consolidation, recapitalization, spin-off, stock
dividend, share split, reverse share split, extraordinary distribution with respect to the Ordinary Shares, any sale or transfer of all or part of the Company’s assets or business or other change in corporate structure affecting the Ordinary
Shares occurs or is proposed (such an event, an “Equity Restructuring”), the Committee or the Board shall, effective as of the time of the Equity Restructuring, make such substitution or adjustment in the aggregate number and kind of
shares or other property reserved for issuance under the Plan or any limitations under the Plan, in the number, kind and Exercise Price (as defined herein) of shares or other property subject to outstanding Stock Options, in the number and kind of
shares or other property subject to Restricted Share Awards or other Awards, and/or such other substitution or adjustments, in each case as the Committee or the Board shall determine in its discretion to be appropriate, such that the value of the
adjusted shares or other property immediately prior to the Equity Restructuring is the same as the value of such adjusted shares or other property immediately following the Equity Restructuring, provided that, in no case shall such determination
adversely affect in any material respect the rights of a Participant hereunder or under any Award Agreement. In 

  
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connection with any event described in this paragraph, the Committee may provide, in its sole discretion, for the cancellation of any outstanding Stock Option and payment in cash or other
property in exchange therefor in an amount equal to the excess at such time, if any, of the Fair Market Value of the underlying Ordinary Shares over the per share exercise price for such Stock Options. 

In the event of a merger or consolidation in which the Company is not the surviving entity or in the event of any transaction that results in
the acquisition of substantially all of the Company’s outstanding Ordinary Shares by a single person or entity or by a group of persons and/or entities acting in concert, or in the event of the sale or transfer of all or substantially all of
the Company’s assets (all of the foregoing being referred to as “Acquisition Events”), then the Committee may, in its sole discretion, terminate all outstanding Stock Options, effective as of the date of the Acquisition Event, by
delivering notice of termination to each Participant at least 20 days prior to the date of consummation of the Acquisition Event, in which case during the period from the date on which such notice of termination is delivered to the consummation of
the Acquisition Event, each such Participant shall have the right to exercise in full all of his or her Stock Options that are then outstanding (without regard to any limitations on exercisability otherwise contained in the Stock Option agreements),
but any such exercise shall be contingent upon and subject to the occurrence of the Acquisition Event, and, provided that, if the Acquisition Event does not take place within a specified period after giving such notice for any reason whatsoever, the
notice and exercise pursuant thereto shall be null and void. 
 Section 4. Participants 

The following persons shall be “Participants” eligible to be granted Awards under the Plan: (i) Persons who are officers,
directors, employees or consultants of the Company and/or any of its Affiliates; (ii) Persons who at the time of grant may be performing (or subject to being required to perform) services for the Company or any of its Affiliates (including,
without limitation, officers, directors, employees, Affiliates and consultants of FPC); and (iii) Non-Employee Directors of the Company and its Affiliates who are responsible for or contribute to the
management, growth and profitability of the business of the Company and its Affiliates. However, Incentive Stock Options may be granted only to employees of the Company its Subsidiaries or its Parent. 

Section 5. Stock Options 
 The Board
or the Committee as its duly authorized delegate shall have the authority to grant to Participants Stock Options. Stock Options shall be evidenced by Option Agreements, which shall include such terms and provisions as the Committee may determine
from time to time. The grant of a Stock Option shall occur on the date the Committee by resolution selects an individual to receive a grant of a Stock Option, determines the number of Ordinary Shares to be subject to such Stock Option to be granted
to such individual and specifies the terms and provisions of the Stock Option, or on such other date as the Committee may determine. The Company shall notify a Participant of any grant of a Stock Option, and a written Option Agreement shall be duly
executed and delivered by the Company to the Participant. Such Option Agreement shall become effective upon execution and delivery by the Participant to the Company. 

  
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 Stock Options shall be subject to the following terms and conditions, and shall contain such
additional terms and conditions as the Committee shall deem desirable: 
 (a) Exercise Price. The price per Ordinary Share
purchasable under a Stock Option shall be such price as determined by the Committee and set forth in the Option Agreement (the “Exercise Price”); provided that the Exercise Price shall not be less than the grant date Fair Market Value of
the Ordinary Shares, and: 
 (i) In the case of an Incentive Stock Option 

(A) granted to an employee of the Company, its Subsidiaries or its Parent who, at the time of the grant of such Incentive Stock
Option, owns shares representing more than ten percent (10%) of the voting power of all share classes of the Company or its Subsidiaries or its Parent (a “Ten Percent Shareholder”), the per share Exercise Price shall be no less than
one hundred ten percent (110%) of the Fair Market Value per share on the date of grant; and 
 (B) granted to any
employee of the Company, its Subsidiaries or its Parent other than a Ten Percent Shareholder, the per share Exercise Price shall be no less ‘than one hundred percent (100%) of the Fair Market Value per share on the date of grant. 

(ii) in the case of any other Stock Option granted, including Nonstatutory Stock Options, the per share Exercise Price as
determined by the Committee. 
 (b) Option Term. The term of each Stock Option shall be fixed by the Committee provided, however,
that no Stock Option shall be exercisable more than ten (10) years after the date such Stock Option is granted. Absent any such term being fixed by the Committee, pursuant to an Option Agreement or otherwise, such term shall be ten
(10) years; provided, however, that the term of an Incentive Stock Option granted to a Ten Percent Shareholder shall not exceed five (5) years. 

(c) Exercisability. Except as otherwise provided herein, Stock Options shall be exercisable at such time or times and subject to such
terms and conditions as shall be determined by the Committee If the 

  
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Committee provides that any Stock Option is exercisable only in installments, the Committee may at anytime waive such installment exercise provisions, in whole or in part, based on such factors
as the Committee may determine. In addition, the Committee may at any time accelerate the exercisability of any Stock Option. 
 (d)
Method of Exercise. Subject to the provisions of this Section 5, vested Stock Options may be exercised, in whole or in part, at any time during the option term by giving written notice of exercise to the Company specifying the
number of Ordinary Shares subject to the Stock Option to be purchased. 
 Such notice shall be accompanied by payment in full of the
Exercise Price per share by certified or bank check or such other instrument or method of payment as the Committee may accept. Unless determined otherwise by the Committee at the time of grant and set forth in the Option Agreement, payment, in full
or in part, may also be made in the form of fully vested Ordinary Shares (other than Restricted Shares) already owned by the Participant (for at least six months or such other period necessary to avoid a charge, for accounting purposes, against the
Company’s earnings as reported in the Company’s financial statements if acquired upon exercise of a Stock Option or received upon the lapse of restrictions on an Award of Restricted Shares) of the same class as the Ordinary Shares subject
to the Stock Option (based on the Fair Market Value of the Ordinary Shares on the date the Stock Option is exercised) or, if the Ordinary Shares are traded on a national securities exchange, The Nasdaq Stock Market, Inc. or quoted on a national
quotation system sponsored by the National Association of Securities Dealers, and the Committee authorizes, to the extent permitted by law, through a procedure whereby the Participant delivers irrevocable instructions to a broker reasonably
acceptable to the Committee to deliver promptly to the Company an amount equal to the purchase price or through “net settlement” in Ordinary Shares. 

No Ordinary Shares shall be issued until full payment therefore has been made. Except as otherwise provided in the Management
Shareholders’ Agreement, if the Participant is a party to the Management Shareholders’ Agreement, and subject to Sections 10(b), 10(e) and 10(h) hereof and the applicable Option Agreement, a Participant shall have all of the rights of a
shareholder of the Company holding the class or series of Ordinary Shares that is subject to such Stock Option (including, if applicable, the right to vote the shares and the right to receive dividends and distributions), when the Participant has
given written notice of exercise, has paid in full for such shares and, if requested, has given the representations referred to in Section 10(b) or as may otherwise be required in accordance with Sections 10(e) and 10(h). 

(e) Nontransferability of Stock Options. No Stock Option shall be transferable by the Participant other than (i) by will or by the
laws of descent and distribution, or (ii) as otherwise expressly permitted under the applicable Option Agreement, to a Family Member, subject to the restrictions in the Management Shareholders’ Agreement. All Stock Options granted to an
individual shall be exercisable, subject to the terms of the Plan, during the Participant’s lifetime, only by the Participant or any Person to whom such Stock Option is transferred pursuant to the preceding sentence, including such
Participant’s guardian, legal representative and other transferee. The term “Participant” includes the estate of the Participant or the Legal representative of the Participant named in the Option Agreement and any Person to whom an
Option is 

  
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otherwise transferred in accordance with this Section 5(e), by will or the laws of descent and distribution; provided, however, that references herein to Employment of a Participant
or termination of Employment of a Participant shall continue to refer to the Employment or termination of Employment of the applicable grantee of an Award hereunder. 

(f) Termination of Employment. 

(i) Termination for Any Reason (other than Cause). Except as otherwise determined by the Committee and expressly
provided in the applicable Option Agreement or applicable employment or consulting agreement, upon the termination of the Participant’s Employment for any reason (other than Cause), including death or Disability, vesting ceases, the term of
unvested stock options lapses and vested and unvested options will become unexercisable, except that such Participant shall have ninety (90) days to exercise the portion of the Participant’s Stock Option that is vested on the date of the
Participant’s termination of Employment. Notwithstanding anything contained herein to the contrary, the Participant shall not be permitted to exercise any Stock Option at a time beyond the initial option term. 

(ii) Termination for Cause. All outstanding and unexercised Stock Options, whether vested or unvested, as of the time
the Participant is notified that his or her Employment is terminated for Cause or at the time the Participant voluntarily terminates employment within ninety (90) days after the occurrence of an event that would be grounds for a termination for
Cause, will be cancelled immediately. 
 Section 6. Restricted Shares 

The Committee shall determine the Participants to whom and the time or times at which grants of Restricted Shares will be awarded, the number
of shares to be awarded to any Participant, the purchase price, the conditions for vesting, the time or times within which such Awards may be subject to cancellation, repurchase and restrictions on transfer and any other terms and conditions of the
Awards (including provisions (i) relating to placing legends on certificates representing Restricted Shares, (ii) permitting the Company to require that Restricted Shares be held in custody by the Company with a share transfer certificate
from the owner thereof until restrictions lapse and (iii) relating to any rights to repurchase Restricted Shares on the part of the Company), in addition to those contained in the Management Shareholders’ Agreement, if the Participant is a
party to the Management Shareholders’ Agreement. Each Participant receiving Restricted Shares shall be issued a share certificate in respect of such Restricted Shares, unless the Committee elects to u-;e another system, such as book entries by
the transfer agent, as evidencing ownership of shares of Restricted Shares. Unless otherwise 

  
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specified in the Restricted Share Agreement, upon a Participant’s termination for any reason during the relevant restriction period, all unvested Restricted Shares will be forfeited to the
Company, without compensation. 
 Furthermore, in addition to the foregoing restrictions, Restricted Shares held by an officer, director or
consultant of the Company or one of its Affiliate may be subject to additional or greater restrictions and any restrictions set forth in the Company’s Articles of Association. The terms and conditions of Restricted Share Awards shall be set
forth in a Restricted Share Agreement, which shall include such terms and provisions as the Committee may determine from time to time, and which shall be duly executed and delivered by the Company to the Participant and become effective upon
execution and delivery by the Participant to the Company. Except as provided in this Section 6, the Restricted Share Agreement, the Management Shareholders’ Agreement and any other relevant agreements, the Participant shall have, with
respect to the Restricted Shares, all of the rights of a shareholder of the Company holding the class or series of Ordinary Shares that is the subject of the Restricted Share Award, including, if applicable, the right to vote the shares and, subject
to the following sentence, the right to receive any cash dividends or distributions (but, subject to the third paragraph of Section 3, not the right to receive non-cash dividends or distributions). If so determined by the Committee in the
applicable Restricted Share Agreement, cash dividends and distributions on the class or series of Ordinary Shares that is the subject of the Restricted Share Award shall be automatically deferred and reinvested in additional Restricted Shares, held
subject to the vesting of the underlying Restricted Shares, or held subject to meeting conditions applicable only to dividends and distributions. 

Section 7. Other Share-Based Awards 

The Committee is authorized to grant to Participants Other Share-Based Awards that are payable in, valued in whole or in part by reference to,
or otherwise based on or related to Ordinary Shares, including but not limited to, Ordinary Shares awarded purely as a bonus and not subject to any restrictions or conditions, Ordinary Shares in payment of the amounts due under an incentive or
performance plan sponsored or maintained by the Company or a Subsidiary, share appreciation rights (either separately or in tandem with Options), share equivalent units, and Awards valued by reference to book value of Ordinary Shares. 

Subject to the provisions of this Plan, the Committee shall have authority to determine the persons to whom and the time or times at which
such Awards shall be made, the number of Ordinary Shares to be awarded pursuant to or referenced by such Awards, and all other conditions of the Awards. Grants of Other Share-Based Awards may be subject to such conditions, restrictions and
contingencies as the Committee may determine which may include, but are not limited to, continuous service with the Company or an Affiliate and/or the 

  
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achievement of Performance Goals. Except as provided in the last sentence of this paragraph, the criteria that may be used by the Committee in granting Other Share-Based Awards contingent on
Performance Goals shall consist of the attainment of one or more of the Performance Goals. The Committee may select one or more Performance Goals for measuring performance and the measuring may be stated in absolute terms or relative to comparable
companies. The measurements used in Performance Goals set under the Plan shall be determined in accordance with Generally Accepted Accounting Principles (“GAAP”), except, to the extent that any objective Performance Goals are used, if any
measurements require deviation from GAAP, such deviation shall be at the discretion of the Committee at the time the Performance Goals are set or at such later time to the extent permitted under Section 162(m) of the Code. Other Performance
Goals may be used to the extent such goals satisfy Section 162(m) of the Code or the Other-Share Based Award is not intended to satisfy the requirements of Section 162(m) of the Code. 

Other Share-Based Awards made pursuant to this Section 7 are subject to the following terms and conditions: 

(a) Dividends. Unless otherwise determined by the Committee at the time of Award, subject to the provisions of the Award agreement and
this Plan, the recipient of an Award under this Section 7 shall be entitled to receive, currently or on a deferred basis, dividends or dividend equivalents with respect to the number of Ordinary Shares covered by the Award, as determined at the
time of the Award by the Committee, in its sole discretion. 
 (b) Vesting. Any Award under this Section 7 and any Ordinary
Shares covered by any such Award shall vest or be forfeited to the extent so provided in the Award agreement, as determined by the Committee, in its sole discretion. 

(c) Waiver of Limitation. In the event of the Participant’s Retirement, Disability or death, or in cases of special circumstances,
the Committee may, in its sole discretion, waive in whole or in part any or all of the limitations imposed hereunder (if any) with respect to any or all of an Award under this Article. 

(d) Purchase Price. Ordinary Shares issued on a bonus basis under this Section 7 may be issued for no cash consideration; Ordinary
Shares purchased pursuant to a purchase right awarded under this Section 7 shall be priced as determined by the Committee. 
 (e)
Committee Certification. At the expiration of the Performance Period, the Committee shall determine and certify in writing the extent to which the Performance Goals have been achieved. 

Section 8. Term, Amendment and Termination 

This Plan will expire on February 10, 2019, five years from its adoption by the Board of Directors of the Company. Awards outstanding as
of such date shall not be affected or impaired by the expiration of the Plan and shall be subject to the terms of the Plan. 
 The Board or
the Committee may at any time amend, suspend, or terminate the Plan, prospectively or retroactively; provided, however, that, unless otherwise required by law or specifically provided herein, no amendment, suspension or termination shall be made
that is 

  
 13 

 
adverse to the rights of a Participant under an Award theretofore granted without such Participant’s consent; provided, further, without the approval of the shareholders of the Company in
accordance with applicable law, to the extent required by the applicable provisions of Rule 16b-3 or Section 162(m) of the Code or the rules of any exchange or system on which the Ordinary Shares are listed or traded, or, with regard to
Incentive Stock Options, Section 422 of the Code, no amendment may be made which would (i) increase the aggregate number of Ordinary Shares that may be issued under this Plan or the maximum individual Participant limitations under
Section 3; (ii) change the classification of Participants eligible to receive Awards under this Plan; (iii) extend the maximum Stock Option period or (iv) require shareholder approval in order for the Plan to continue to comply
with the applicable provisions of Rule 16b-3 or Section 162(m) of the Code, or, with regard to Incentive Stock Options, Section 422 of the Code. 

The Committee may amend the terms of any Award theretofore granted, prospectively or retroactively, but no such amendment shall be made that
is adverse to the rights of the Participant thereunder without the Participant’ consent. 
 Section 9. Unfunded Status of Plan 

It is presently intended that the Plan constitute an “unfunded” plan for incentive and deferred compensation. The Committee may
authorize the creation of trusts or other arrangements to meet the obligations created under the Plan to deliver Ordinary Shares or make payments; provided, however, that unless the Committee otherwise determines, the existence of such trusts
or other arrangements is consistent with the “unfunded” status of the Plan. 
  

	Section 10.	General Provisions 

 (a) Awards and Certificates. Shares of Restricted Shares and
Ordinary Shares issuable upon the exercise of a Stock Option (together, “Plan Shares”) shall be evidenced in such manner as the Committee may deem appropriate, including book entry registration or issuance of one or more share
certificates. Any certificate issued in respect of Plan Shares shall be registered in the name of such Participant and shall bear appropriate legends referring to the terms, conditions, and restrictions applicable to such Award. Such Plan Shares may
bear other legends to the extent the Committee or the Board determines it to be necessary or appropriate, including any required by the Management Shareholders’ Agreement. If and when all restrictions expire without a prior cancellation of the
Plan Shares theretofore subject to such restrictions, upon surrender of legended certificates representing such shares new certificates for such shares shall be delivered to the Participant without the second legend listed above. 

(b) Representations and Warranties. The Committee may require each Person purchasing or receiving Plan Shares to (i) represent to
and agree with the Company in writing that such Person is acquiring the shares without a view to the distribution thereof and (ii) make any other representations and warranties that the Committee deems appropriate. 

(c) Additional Compensation. Nothing contained in the Plan shall prevent the Company or any of its Affiliates from adopting other or
additional compensation arrangements for its employees. 

  
 14 

 (d) No Right of Employment. Adoption of the Plan or grant of any Award shall not confer
upon any employee or any other individual any right to continued Employment, nor shall it interfere in any way with the right of the Company or any of its Affiliates to terminate the Employment of any eligible Participant at any time. 

(e) Withholding Taxes. No later than the date as of which an amount first becomes includible in the gross income of a Participant for
income tax purposes or subject to Federal Insurance Contributions Act withholdings with respect to any Award, including, without limitation, upon exercise of any Stock Option, under the Plan, such Participant shall pay to the Company or, if
appropriate, one of its Affiliates, or make arrangements satisfactory to the Committee regarding the payment of, any United States federal, state or local or foreign taxes of any kind required by law to be withheld with respect to such amount. If
approved by the Committee, minimum required statutory withholding obligations may be settled with Ordinary Shares, including Ordinary Shares that are part of the Award that gives rise to the withholding requirement. The obligations of the Company
under the Plan shall be conditional on such payment or arrangements, and the Company and its Affiliates shall, to the extent permitted by law, have the right to deduct any such taxes from any payment otherwise due to the Participant. The Committee
may establish such procedures as it deems appropriate, including making irrevocable elections, for the settlement of withholding obligations with Ordinary Shares. 

(f) Beneficiaries. The Committee shall establish such procedures as it deems appropriate for a Participant to designate a beneficiary
to whom any amounts payable in the event of the Participant’s death are to be paid or by whom any rights of the Participant, after the Participant’s death, may be exercised. 

(g) Governing Law. The Plan and all Awards made and actions taken thereunder shall be governed by and construed and enforced in
accordance with the laws of the State of Delaware without regard to the principles of conflicts of law thereof. 
 (h) Compliance with
Laws. If any law or any regulation of any governmental body, commission or agency having jurisdiction shall require the Company or a Participant seeking to exercise Stock Options to take any action with respect to the Plan Shares to be issued
upon the exercise of Stock Options then the date upon which the Company shall issue or cause to be issued the Plan Shares or the rights associated therewith shall be postponed until full compliance (as determined by the Committee in its sole
discretion) has been made with all such requirements of law or regulation; provided, that the Company shall use its reasonable efforts to take all necessary action to comply with such requirements of law or regulation. Moreover, in the event that
the Company shall determine that, in compliance with the Securities Act or other applicable statutes or regulations (including state “Blue Sky” or other securities laws), it is necessary to register any of the Plan Shares with respect to
which an exercise of a Stock Option has been made, or to qualify any such Plan Shares (or the Company) for exemption from any of the requirements of the Securities Act or any other applicable statute or regulation, no Stock Options may be exercised
and no Plan Shares shall be issued to the exercising Participant until the required action has been completed; provided, that the Company shall use its reasonable efforts to take all necessary action to comply with such requirements of law or
regulation. Notwithstanding anything to the contrary contained herein, neither the Board nor the members of the Committee owes a fiduciary duty to any Participant in his or her capacity as such. 

  
 15 

 (i) Fractional Shares. No fractional shares shall be issued under the Plan and no cash
settlements shall be made with respect to fractional shares eliminated by rounding. 
 (j) Shareholder Approval. The Plan shall be
subject to approval by the shareholders of the Company within twelve (12) months before or after the date the Plan is adopted. Such shareholder approval shall be obtained in the degree and manner required under applicable state and federal or
foreign law and the rules of any stock exchange upon which the Company’s Ordinary Shares are listed, quoted or actively traded. 
 (k)
Information to Participants. The Company shall provide, not less frequently than annually, copies of annual financial statements to each individual who acquires Ordinary Shares pursuant to the Plan while such individual owns such Ordinary
Shares. The Company shall not be required to provide such statements to key employees whose duties in connection with the Company assure their access to equivalent information. 

(l) Shareholders’ Agreement and Other Requirements. Notwithstanding anything herein to the contrary, as a condition to the receipt
of Plan Shares, to the extent required by the Committee, the Participant shall execute and deliver a shareholders’ agreement or such other documentation which shall set forth certain restrictions on transferability of the Plan Shares, a right
of first refusal of the Company with respect to Plan Shares, the right of the Company to purchase Plan Shares and such other terms as the Board or Committee shall from time to time establish. Such shareholders’ agreement shall apply to all Plan
Shares acquired under the Plan. The Company may require, as a condition of grant or exercise of any Award, the Participant to become a party to any other existing shareholders’ agreement. 

(m) Section 409A. Notwithstanding other provisions of the Plan or any Award agreements thereunder, no Award shall be granted,
deferred, accelerated, extended, paid out or modified under this Plan in a manner that would result in the imposition of an additional tax under Section 409A of the Code upon a Participant. In the event that it is reasonably determined by the
Committee that, as a result of Section 409A of the Code, payments or deliveries of shares in respect of any Award under the Plan may not be made at the time contemplated by the terms of the Plan or the relevant Award agreement, as the case may
be, without causing the Participant holding such Award to be subject to taxation under Section 409A of the Code, the Company will make such payment or delivery of shares on the first day that would not result in the Participant incurring any
tax liability under Section 409A of the Code. In the case of a Participant who is a “specified employee” (within the meaning of Section 409A(a)(2)(B)(i) of the Code), payments and/or deliveries of shares in respect of any Award
subject to Section 409A of the Code that are linked to the date of the Participant’s separation from service shall not be made prior to the date which is six (6) months after the date of such Participant’s separation from service
from the Company and its affiliates, determined in accordance with Section 409A of the Code and the regulations promulgated thereunder. The Company shall use commercially reasonable efforts to implement the provisions of this Section 10(m)
in good faith; provided that neither the Company, the Committee nor any of the Company’s employees, directors or representatives shall have any liability to Participants with respect to this Section 10(m). 

  
 16 

 APPENDIX A 

PERFORMANCE CRITERIA 

Performance Goals established for purposes of an Award of Performance-Based Awards intended to comply with Section 162(m) of the Code
shall be based on one or more of the following performance criteria (“Performance Criteria”): (i) the attainment of certain target levels of, or a specified percentage increase in, revenues, income before taxes and extraordinary items, net
income, operating income, earnings before income tax, earnings before interest, taxes, depreciation and amortization or a combination of any or all of the foregoing; (ii) the attainment of certain target levels of, or a percentage increase in,
after-tax or pre-tax profits including, without limitation, that attributable to continuing and/or other operations; (iii) the attainment of certain target levels of, or a specified increase in, operational cash flow; (iv) the achievement
of a certain level of, reduction of, or other specified objectives with regard to limiting the level of increase in, all or a portion of, the Company’s bank debt or other long-term or short-term public or private debt or other similar financial
obligations of the Company, which may be calculated net of such cash balances and/or other offsets and adjustments as may be established by the Committee; (v) earnings per share or the attainment of a specified percentage increase in earnings
per share or earnings per share from continuing operations; (vi) the attainment of certain target levels of, or a specified increase in return on capital employed or return on invested capital; (vii) the attainment of certain target levels
of, or a percentage increase in, after-tax or pre-tax return on shareholders’ equity; (viii) the attainment of certain target levels of, or a specified increase in, economic value added targets based on a cash flow return on investment
formula; (ix) the attainment of certain target levels in the fair market value of the shares of the Company’s Ordinary Shares; (x) the growth in the value of an investment in the Company’s Ordinary Shares assuming the
reinvestment of dividends; (xi) the attainment of a certain level of, reduction of, or other specified objectives with regard to limiting the level in or increase in, all or a portion of controllable expenses or costs or other expenses or costs
or a reduction of the loss ratio, expense ratio, or combined ratio; (xii) achievement of certain targets with respect to the Company’s book value, assets or liabilities. For purposes of item (i) above, “extraordinary items”
shall mean all items of gain, loss or expense for the fiscal year determined to be extraordinary or unusual in nature or infrequent in occurrence or related to a corporate transaction (including, without limitation, a disposition or acquisition) or
related to a change in accounting principle, all as determined in accordance with standards established by Opinion No. 30 of the Accounting Principles Board. 

In addition, such Performance Criteria may be based upon the attainment of specified levels of Company (or subsidiary, division or other
operational unit of the Company) performance under one or more of the measures described above relative to the performance of other corporations. Furthermore, such Performance Criteria may be supplemented by reference to per share determinations. To
the extent permitted under Section 162(m) of the Code, but only to the extent permitted under Section 162(m) of the Code (including. without limitation, compliance with any requirements for shareholder approval), the Committee may:
(i) designate additional business criteria on which the Performance Criteria may be based or (ii) adjust, modify or amend the aforementioned business criteria.EX-10.1

 Exhibit 10.1 

THIRD AMENDMENT TO LEASE 
  

	I.	PARTIES AND DATE. 

 This Third Amendment to Lease (the “Amendment”)
dated May 21, 2015, is by and between THE IRVINE COMPANY LLC, a Delaware limited liability company (“Landlord”), and LOCAL CORPORATION, a Delaware corporation, formerly known as Local.Com Corporation, Delaware corporation
(“Tenant”). 
  

	II.	RECITALS. 

 On March 18, 2005, Landlord and Tenant entered into a lease for space in
a building located at 1G Technology Drive, Irvine, California (“Original Premises”), which lease was amended by a First Amendment to Lease dated April 21, 2010 (“First Amendment”), wherein Tenant terminated its
leasing of the Original Premises in exchange for approximately 34,612 rentable square feet of space in a building located at 7555 Irvine Center Drive, Irvine, California (“7555 Irvine Center Drive Premises”), and by a Second
Amendment to Lease dated April 21, 2010 (“Second Amendment”). The foregoing lease, as so amended, is hereinafter referred to as the “Lease”. 

Landlord and Tenant each desire to modify the Lease to terminate Tenant’s leasing of the 7555 Irvine Center Drive Premises in exchange
for Tenant’s leasing of approximately 16,209 rentable square feet of space in a building located at 7525 Irvine Center Drive, Irvine, California, more particularly described on EXHIBIT A attached to this Amendment and herein referred to
as the “7525 Irvine Center Drive Premises”, to adjust the Basic Rent and make such other modifications as are set forth in “III. MODIFICATIONS” next below. 

 

	III.	MODIFICATIONS. 

 A. Premises/Building. Effective as of the “Commencement Date
for the 7525 Irvine Center Drive Premises” (as hereinafter defined), the “Premises” under the Lease shall consist of the 7525 Irvine Center Drive Premises, and all references to the “Building” in the Lease shall be amended
to refer to the building located at 7525 Irvine Center Drive, Irvine, California. 
 B. Basic Lease Provisions. The Basic Lease
Provisions are hereby amended as follows: 
 1. Effective as of the Commencement Date for the 7525 Irvine Center Drive Premises, Item 1
shall be deleted in its entirety and substituted therefore shall be the following: 
 “1. Premises: Suite No. 200 (the Premises
are more particularly described in Section 2.1). 
 Address of Building: 7525 Irvine Center Drive, Irvine, California 

2. Item 4 is hereby amended by adding the following: 

“Commencement Date for the 7525 Irvine Center Drive Premises: July 1, 2015” 

3. Item 5 is hereby deleted in its entirety and substituted therefore shall be the following: 

“5. Lease Term: The Term of this Lease shall expire at midnight on June 30, 2018” 

4. Item 6 is hereby amended by adding the following: 

“Commencing on the Commencement Date for the 7525 Irvine Center Drive Premises, the Basic Rent for the 7525 Irvine Center Drive
Premises shall be Twenty Four Thousand Nine Hundred Sixty-Two Dollars ($24,962.00) per month, based on $1.54 per rentable square foot. 
  

 Commencing twelve (12) months following the Commencement Date for the 7525 Irvine Center
Drive Premises, the Basic Rent for the 7525 Irvine Center Drive Premises shall be Twenty Six Thousand Ninety-Six Dollars ($26,096.00) per month, based on $1.61 per rentable square foot. 

Commencing twenty-four (24) months following the Commencement Date for the 7525 Irvine Center Drive Premises, the Basic Rent for the 7525
Irvine Center Drive Premises shall be Twenty Seven Thousand Two Hundred Thirty-One Dollars ($27,231.00) per month, based on $1.68 per rentable square foot.” 

5. Effective as of the Commencement Date for the 7525 Irvine Center Drive Premises, Item 8 shall be deleted in its entirety and
substituted therefore shall be the following: 
 “8. Floor Area of Premises: Approximately 16,209 rentable square feet” 

6. Item 9 is hereby deleted in its entirety and substituted therefore shall be the following: 

“9. Security Deposit: $59,908.00” 

8. Effective as of the Commencement Date for the 7525 Irvine Center Drive Premises, Item 14 shall be deleted in its entirety and
substituted therefor shall be the following: 
 “14. Vehicle Parking Spaces: Sixty (60)” 

C. Right to Extend the Lease. The provisions of Section 3.3 of the Lease entitled “Right to Extend this Lease”, as
amended by Section III.D of the First Amendment, shall be deleted in their entirety and substituted therefor shall be the following: 

“SECTION 3.3. RIGHT TO EXTEND THIS LEASE. Provided that no Event of Default has occurred under any provision of this Lease, either
at the time of exercise of the extension right granted herein or at the time of the commencement of such extension, and provided further that Tenant is occupying the entire Premises and has not assigned or sublet any of its interest in this Lease,
then Tenant may extend the Term of this Lease for 1 extension period of 36 months. Tenant shall exercise its right to extend the Term by and only by delivering to Landlord, not less than 9 months or more than 12 months prior to the Expiration Date
of the Term, Tenant’s irrevocable written notice of its commitment to extend (the “Commitment Notice”). The Basic Rent payable under the Lease during any extension of the Term shall be determined as provided in the following
provisions. 
 If Landlord and Tenant have not by then been able to agree upon the Basic Rent for the extension of the Term, then not less
than 90 days or more than 120 days prior to the Expiration Date of the Term, Landlord shall notify Tenant in writing of the Basic Rent that would reflect the prevailing market rental rate for a 36-month renewal of comparable space in the Project
(together with any increases thereof during the extension period) as of the commencement of the extension period (“Landlord’s Determination”). Should Tenant disagree with the Landlord’s Determination, then Tenant shall,
not later than 20 days thereafter, notify Landlord in writing of Tenant’s determination of those rental terms (“Tenant’s Determination”). Within 10 days following delivery of the Tenant’s Determination, the parties
shall attempt to agree on an appraiser to determine the fair market rental. If the parties are unable to agree in that time, then each party shall designate an appraiser within 10 days thereafter. Should either party fail to so designate an
appraiser within that time, then the appraiser designated by the other party shall determine the fair market rental. Should each of the parties timely designate an appraiser, then the two appraisers so designated shall appoint a third appraiser who
shall, acting alone, determine the fair market rental for the Premises. Any appraiser designated hereunder shall have an MAI certification with not less than 5 years experience in the valuation of commercial industrial buildings in the vicinity of
the Project. 
 Within 30 days following the selection of the appraiser and such appraiser’s receipt of the Landlord’s
Determination and the Tenant’s Determination, the appraiser shall determine whether the rental rate determined by Landlord or by Tenant more accurately reflects the fair market rental rate for the 36-month renewal of the Lease for the Premises,
as 

 
reasonably extrapolated to the commencement of the extension period. Accordingly, either the Landlord’s Determination or the Tenant’s Determination shall be selected by the appraiser as
the fair market rental rate for the extension period. In making such determination, the appraiser shall consider rental comparables for the Project (provided that if there are an insufficient number of comparables within the Project, the appraiser
shall consider rental comparables for similarly improved space owned by Landlord in the vicinity of the Project with appropriate adjustment for location and quality of project), but the appraiser shall not attribute any factor for brokerage
commissions in making its determination of the fair market rental rate. At any time before the decision of the appraiser is rendered, either party may, by written notice to the other party, accept the rental terms submitted by the other party, in
which event such terms shall be deemed adopted as the agreed fair market rental. The fees of the appraiser(s) shall be borne entirely by the party whose determination of the fair market rental rate was not accepted by the appraiser. 

Within 20 days after the determination of the fair market rental, Landlord shall prepare an appropriate amendment to this Lease for the
extension period, and Tenant shall execute and return same to Landlord within 10 days after Tenant’s receipt of same. Should the fair market rental not be established by the commencement of the extension period, then Tenant shall continue
paying rent at the rate in effect during the last month of the initial Term, and a lump sum adjustment shall be made promptly upon the determination of such new rental. 

If Tenant fails to timely exercise the extension right granted herein within the time period expressly set forth for exercise by Tenant in the
initial paragraph of this Section, Tenant’s right to extend the Term shall be extinguished and the Lease shall automatically terminate as of the expiration date of the Term, without any extension and without any liability to Landlord.
Tenant’s rights under this Section shall belong solely to Local Corporation, a Delaware corporation, and any attempted assignment or transfer of such rights shall be void and of no force and effect. Tenant shall have no other right to extend
the Term beyond the single 36-month extension period created by this Section. Unless agreed to in a writing signed by Landlord and Tenant, any extension of the Term, whether created by an amendment to this Lease or by a holdover of the Premises by
Tenant, or otherwise, shall be deemed a part of, and not in addition to, any duly exercised extension period permitted by this Section.” 

D. Security Deposit. Concurrently with Tenant’s delivery of this Amendment, Tenant shall deliver the sum of Thirteen Thousand Four
Hundred and Fifty-Nine Dollars ($13,459.00) to Landlord, which sum shall be added to the Security Deposit presently being held by Landlord in accordance with Section III.B of the Second Amendment. 

E. Signage. 
 (i)
Effective as of the Commencement Date for the 7525 Irvine Center Drive Premises, the first two sentences of Section 5.2 of the Lease, as amended by Section III.F of the First Amendment, shall be deleted in their entirety and substituted
therefor shall be the following: 
 “Provided Tenant continues to occupy the entire Premises, Tenant shall have the non-exclusive right
to one (1) exterior “eyebrow” sign on the Building for Tenant’s name and graphics in a location designated by Landlord, subject to Landlord’s right of prior approval that such exterior signage is in compliance with the
Signage Criteria (defined below). Except as provided in the foregoing, and except for Landlord’s standard suite signage identifying Tenant’s name and/or logo and installed at a location designated by Landlord, Tenant shall have no right to
maintain signs in any location in, on or about the Premises, the Building or the Project and shall not place or erect any signs that are visible from the exterior of the Building.” 

(ii) Effective as of the Commencement Date for the 7525 Irvine Center Drive Premises, Section 5.2 of the Lease, as amended by
Section III.F of the First Amendment, is further amended by added the following sentences: 
 “Tenant’s exterior signage
rights under this Section 5.2 belong solely to Local Corporation, and any attempted assignment or transfer of such rights shall be void and of no force and effect. Should Tenant fail to have the exterior signage installed on or before
December 31, 2015, then Tenant’s right to install same thereafter shall be deemed null and void.” 

 F. HVAC. 

(i) Effective as of the Commencement Date for the 7525 Irvine Center Drive Premises, the fifth
(5th) sentence of Section 6.1 of the Lease, as amended by Section III.G of the First Amendment, shall be deleted in its entirety and substituted therefor shall be the following: 

““After hours” shall mean usage of said unit(s) before 6:00 A.M. or after 6:00 P.M. on Mondays through Fridays, before
9:00 A.M. or after 1:00 P.M. on Saturdays with Tenant’s request, and all day on Sundays and nationally-recognized holidays, subject to reasonable adjustment of said hours by Landlord.” 

(ii) Tenant understands and agrees the existing supplemental HVAC units (the “Supplemental HVAC Units”) servicing the
Premises are hereby leased to Tenant in an “as-is” condition, without warranty of any kind, and without any further obligation on Landlord’s part whatsoever. Tenant shall be responsible, at its sole cost and expense, for the
maintenance, repair, relocation and replacement of the Supplemental HVAC Units during the Term of this Lease. 
 G.
Brokers. Article XVIII of the Lease is amended to provide that the parties recognize the following parties as the brokers who negotiated this Amendment, and agree that Landlord shall be responsible for payment of brokerage commissions to
such brokers pursuant to its separate agreements with such brokers: Irvine Realty Company (“Landlord’s Broker”) is the agent of Landlord exclusively and Colliers International (“Tenant’s Broker”) is the
agent of Tenant exclusively. By the execution of this Amendment, each of Landlord and Tenant hereby acknowledge and confirm (a) receipt of a copy of a Disclosure Regarding Real Estate Agency Relationship conforming to the requirements of
California Civil Code 2079.16, and (b) the agency relationships specified herein, which acknowledgement and confirmation is expressly made for the benefit of Tenant’s Broker. If there is no Tenant’s Broker so identified herein, then
such acknowledgement and confirmation is expressly made for the benefit of Landlord’s Broker. By the execution of this Amendment, Landlord and Tenant are executing the confirmation of the agency relationships set forth herein. The warranty
and indemnity provisions of Article XVIII of the Lease, as amended hereby, shall be binding and enforceable in connection with the negotiation of this Amendment. 

H. Acceptance of the 7525 Irvine Center Drive Premises. Tenant acknowledges that the lease of the 7525 Irvine Center Drive Premises
pursuant to this Amendment shall be subject to the acknowledgements set forth in Section 2.2 of the Lease, and shall be on an “as-is” basis without further obligation on Landlord’s part as to improvements whatsoever, except
Landlord shall (i) touch-up paint the painted wall surfaces in the 7525 Irvine Center Drive Premises, and (ii) shampoo the carpet in the 7525 Irvine Center Drive Premises. 

I. Contingency. Tenant understands and agrees that the effectiveness of this Amendment is contingent upon the mutual execution of a
lease surrender and termination agreement for the 7525 Irvine Center Drive Premises between Landlord and HGST, Inc., the current tenant in possession of the 7525 Irvine Center Drive Premises. 

 

	IV.	GENERAL. 

 A. Effect of Amendments. The Lease shall remain in full force and
effect and unmodified except to the extent that it is modified by this Amendment. 
 B. Entire Agreement. This Amendment embodies the
entire understanding between Landlord and Tenant with respect to the modifications set forth in “III. MODIFICATIONS” above and can be changed only by a writing signed by Landlord and Tenant. 

C. Defined Terms. All words commencing with initial capital letters in this Amendment and defined in the Lease shall have the same
meaning in this Amendment as in the Lease, unless they are otherwise defined in this Amendment. 
 D. Corporate and Partnership
Authority. If Tenant is a corporation or partnership, or is comprised of either or both of them, each individual executing this Amendment for the corporation or partnership represents that he or she is duly authorized to execute and deliver this
Amendment on behalf of the corporation or partnership and that this Amendment is binding upon the corporation or partnership in accordance with its terms. 

 E. Counterparts; Digital Signatures. If this Amendment is executed in counterparts,
each is hereby declared to be an original; all, however, shall constitute but one and the same amendment. In any action or proceeding, any photographic, photostatic, or other copy of this Amendment may be introduced into evidence without
foundation. The parties agree to accept a digital image (including but not limited to an image in the form of a PDF, JPEG, GIF file, or other e-signature) of this Amendment, if applicable, reflecting the execution of one or both of the parties,
as a true and correct original. 
 F. Certified Access Specialist. As of the date of this Amendment, there has been no inspection of
the Building and Project by a Certified Access Specialist as referenced in Section 1938 of the California Civil Code. 
  

	V.	EXECUTION. 

 Landlord and Tenant executed this Amendment on the date as set forth in
“I. PARTIES AND DATE.” above. 
  

									
	Landlord:				Tenant:
			
	THE IRVINE COMPANY LLC,				LOCAL CORPORATION,
	a Delaware limited liability company				a Delaware corporation
					
	By:		/s/ Steven M. Case				By:		/s/ Ken Cragun
			     Steven M. Case						     Ken Cragun
			     EVP						     CFO
					
	By:		/s/ Michael T. Bennett				By:		/s/ Fred Thiel
			     Michael T. Bennett						     Fred Thiel
			     Senior Vice President, Operations						     CEO

 EXHIBIT A 

7525 Irvine Center Drive 

Suite 200

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