Document:

EX-10.2

 Exhibit 10.2 
 EXECUTION COPY 
 ICONIX BRAND GROUP, INC. 

PERFORMANCE STOCK UNIT AGREEMENT 
 To: David Blumberg 
 Date of Award: February 15, 2013 

You are hereby awarded (the “Award”), effective as of the date hereof, 200,000 performance stock units (“Units or PSUs”, as the case
may be) each of which shall represent the right to receive one share (the “Share”) of common stock $.001 par value (“Common Stock”), of Iconix Brand Group, Inc., a Delaware corporation (the “Company”), pursuant to the
Company’s 2009 Equity Incentive Plan (the “Plan”), subject to certain vesting restrictions specified below 
 This Award is made
pursuant to Section 3.3 of the Amendment entered into February 15, 2013 to be effective as of February 1, 2013 (the “Amendment”) to the Employment Agreement (“Employment Agreement”) entered into between you and the
Company as of March 5, 2012. Pursuant to Sections 12(b) and 12(f) of the Plan, for purposes of this Award, the term “Cause” shall be as defined in the Employment Agreement. Defined terms that are not otherwise defined in the Plan or
this Award, are as defined in the Employment Agreement or the Amendment, as the case may be. This Award is intended to comply with the terms of the Amendment and the terms of the Plan, and in the event of any inconsistency between the terms of the
Amendment and the terms of the Plan, the terms of the Plan shall control. 
 During the period commencing on the Date of Award and terminating
upon vesting of the Units, except as otherwise provided herein, the Units may not be sold, assigned, transferred, pledged, or otherwise encumbered and are subject to forfeiture as provided herein. 

Vesting 
 The PSUs shall be performance
based and shall vest based on the achievement of (i) annual performance goals as described on Exhibit X to the Amendment, which is incorporated herein by reference (“Exhibit X”), and upon certification of achievement by the
Compensation Committee as set forth on Exhibit X, and (ii) the closing of certain transactions as described in Section 3.3(ii) of the Amendment and on Exhibit X. 
 Notwithstanding the foregoing, in the event of a Change in Control (as defined, for the purposes of this Award, in Section 5(d)(iii) of the Employment Agreement) during the term of your employment,
any then remaining unvested PSUs shall immediately become vested as provided in the Plan. 

 Notwithstanding the foregoing, in the event of a termination of your employment with the Company prior to
any Performance Vesting Date or the closing of an Acquisition (other than as set forth in the preceding paragraph), your then unvested PSUs as of the Date of Termination shall vest or be forfeited as follows: 

 

	 	1.	If termination is upon death or Disability, as defined in Section 5(a)(2) of the Employment Agreement, all of the then remaining unvested PSU’s shall
immediately become vested and shall be distributed to you or your estate, as the case may be, in shares of Common Stock thirty (30) days after the Date of Termination. 

 

	 	2.	If termination is by the Company without Cause or by you for Good Reason, the portion of the PSUs subject to vesting based on the achievement of annual performance
goals pursuant to Section 3.3(i) of the Amendment in the calendar year that the Date of Termination occurs (including, as a result of achieved aggregate growth) shall immediately become vested on the certification of the Compensation Committee
promptly after the Date of Termination based on the achievement of the performance goals for such calendar year calculated through the Date of Termination (with the Date of Termination being deemed to be the end of a Performance Period for purposes
of the calculations set forth on Exhibit X, based upon the absolute performance goals for the year of termination after adjustment by the Compensation Committee of such performance goals to take into account the shortened performance period
resulting from termination of your employment (the “Adjusted Absolute Goals”)) and such PSU’s shall be distributed in shares of Common Stock to you as provided in, and subject to, Section 9 of the Employment Agreement and
Section 3.3(iii) of the Amendment. After giving effect to the foregoing, any portion of the PSUs that remain unvested on the certification following the Date of Termination shall be forfeited as of the Date of Termination, subject to the
discretion of the Compensation Committee as set forth in Section 12(d)(4) of the Plan. 

  

	 	3.	If termination is by the Company without Cause or by you for Good Reason, and if the Company has not closed two Acquisitions during the Extension Term and prior to such
termination, a portion of the PSUs subject to vesting based upon the closing of Acquisitions pursuant to Section 3.3(ii) of the Amendment shall vest in an amount determined as follows: (i) if no Acquisitions have previously closed during
the Extension Term, 22,222 PSUs will vest upon the Date of Termination; (ii) if one (1) Acquisition has previously closed during the Extension Term, an additional 11,111 PSUs will vest upon the Date of Termination (for a total of 22,222
PSUs); and (iii) if two (2) Acquisitions have previously closed during the Extension Term, no additional PSUs will vest upon the Date of Termination. 

 

	 	4.	If termination is by the Company for Cause or by you without Good Reason, you shall be entitled to retain any PSUs that vested prior to the Date of Termination, and the
then unvested PSUs shall be forfeited, subject to the discretion of the Compensation Committee as set forth in Section 12(b)(ii) of the Plan. 

 Payment 
 Other than as provided in the immediately preceding clauses 1, 2 and 3 as to conditions and timing of distributions of Common Stock with respect to PSUs vesting as a result of a termination of your
employment and Section 9 of the Employment Agreement with regard to equity distributed as a result of your incurring a Separation from Service as an employee of the Company, any vested portion of the PSUs shall be distributed to you in shares
of Common Stock in the year following the year of each applicable Performance Vesting Date following the Compensation Committee’s certification of the level of attainment of the annual performance goals and/or closing of Acquisitions.
Notwithstanding anything to the contrary contained herein or in the Employment Agreement or the Amendment and without limitation of the second paragraph of the Section hereof entitled “Vesting”, except as to Section 9 of the
Employment Agreement, all vested PSUs (including those vested in connection with a Change in Control) shall be distributed to you in shares of Common Stock simultaneous with the occurrence of a Change in Control. 

 

			
	Dividends	  	With respect to the PSUs, you will have the right to receive dividend equivalents (in cash or in kind, as the case may be) in respect of any dividend distributed to holders of
Common Stock of record on and after the Date of Award; provided, that any such dividend equivalents shall be subject to the same restrictions as the PSUs with regard to which they are issued, including, without limitation, as to vesting (including
accelerated vesting) and time of distribution. All such withheld dividends shall not earn interest, except as otherwise determined by the Administrator. You will not receive withheld dividends on any PSUs which are forfeited and all such
dividends shall be forfeited along with the PSUs which are forfeited.
		
	Tax Withholding	  	The Company shall have the right to withhold from your compensation an amount sufficient to fulfill its or its Affiliate’s obligations for any applicable withholding and
employment taxes. Alternatively, the Company may require you to pay to the Company the amount of any taxes which the Company is required to withhold with respect to the Shares, or, in lieu thereof, to retain or sell without notice a sufficient
number of Shares to cover the amount required to be withheld. The Company may withhold from any cash dividends paid with respect to PSUs an amount sufficient to cover taxes owed, if any, as a result of the dividend payment. The Company’s method
of satisfying its withholding obligations shall be solely in the discretion of the Administrator, subject to applicable federal, state, local and foreign laws. The Company shall have a lien and security interest in the Shares and any accumulated
dividends to secure your obligations hereunder.

			
	Tax Representations	  	 You hereby represent and warrant to the Company as follows:

 
 (a) You have reviewed with your own tax advisors the federal, state, local and
foreign tax consequences of this investment and the transactions contemplated by this Agreement. You are relying solely on such advisors and not on any statements or representations of the Company or any of its employees or agents.

 
 (b) You understand that you (and not the Company) shall be responsible for your own
tax liability that may arise as a result of this investment or the transactions contemplated by this Agreement.

		
	 Securities Law

Representations
	  	 The following two paragraphs shall be applicable if, on the date of issuance of the Shares, no registration statement and current
prospectus under the Securities Act of 1933, as amended (the “1933 Act”), covers the issuance by the Company to you of Shares, and shall continue to be applicable for so long as such registration has not occurred and such current
prospectus is not available:
  
 (a) You hereby agree, warrant and represent
that you will acquire the Shares to be issued hereunder for your own account for investment purposes only, and not with a view to, or in connection with, any resale or other distribution of any of such shares, except as hereafter permitted. You
further agree that you will not at any time make any offer, sale, transfer, pledge or other disposition of such Shares to be issued hereunder without an effective registration statement under the 1933 Act, and under any applicable state securities
laws or an opinion of counsel acceptable to the Company to the effect that the proposed transaction will be exempt from such registration. You agree to execute such instruments, representations, acknowledgments and agreements as the Company may, in
its sole discretion, deem advisable to avoid any violation of federal, state, local or foreign law, rule or regulation, or any securities exchange rule or listing agreement.

 
 (b) The certificates for Shares to be issued to you hereunder shall bear the
following legend:
  
 “The shares
represented by this certificate have not been registered under the Securities Act of 1933, as amended, or under applicable state securities laws. The shares have been acquired for investment and may not be offered, sold, transferred, pledged or
otherwise disposed of without an effective registration statement under the Securities Act of 1933, as amended, and under any applicable state securities laws or an opinion of counsel acceptable to the Company that the proposed transaction will be
exempt from such registration.”

			
	Stock Dividend, Stock Split and Similar Capital Changes	  	In the event of any change in the outstanding shares of the Common Stock of the Company by reason of a stock dividend, stock split, combination of shares, recapitalization,
merger, consolidation, transfer of assets, reorganization, conversion or what the Administrator deems in its sole discretion to be similar circumstances, the number and kind of Units and shares subject to this Agreement shall be appropriately
adjusted in a manner to be determined in the sole discretion of the Administrator, whose decision shall be final, binding and conclusive in the absence of clear and convincing evidence of bad faith. Any Units or shares of Common Stock or other
securities received, as a result of the foregoing, by you with respect to the PSUs shall be subject to the same restrictions as the PSUs, the certificate or other instruments evidencing such shares of Common Stock or other securities shall be
legended as provided above with respect to the PSUs, and any cash dividends received with respect to such Units shall be subject to the same restrictions as dividend equivalents with respect to the PSUs.
		
	Non-Transferability	  	Unvested PSUs are not transferable.
		
	No Effect on Employment	  	Nothing herein guarantees you employment for any specified period of time. This means that, except as provided in the Employment Agreement and the Amendment, either you or the
Company or any of its Affiliates may terminate your employment at any time for any reason, with or without cause, or for no reason. You recognize that, for instance, you may terminate your employment or the Company or any of its Affiliates may
terminate your employment prior to the date on which your Units become vested.
		
	No Effect on Corporate Authority	  	You understand and agree that the existence of this Agreement will not affect in any way the right or power of the Company or its shareholders to make or authorize any or all
adjustments, recapitalizations, reorganizations, or other changes in the Company’s capital structure or its business, or any merger or consolidation of the Company, or any issuance of bonds, debentures, preferred or other stocks with
preferences ahead of or convertible into, or otherwise affecting the common shares or the rights thereof, or the dissolution or liquidation of the Company, or any sale or transfer of all or any part of its assets or business, or any other corporate
act or proceeding, whether of a similar character or otherwise.
		
	Arbitration	  	Any dispute or disagreement between you and the Company with respect to any portion of this Agreement or its validity, construction, meaning, performance or your rights hereunder
shall, unless the Company in its sole discretion determines otherwise, be settled by arbitration at a location designated by the Company, in accordance with the Commercial Arbitration Rules of the American Arbitration Association or its successor,
as amended from time to time, and to the extent provided therein Section 3.3 of the Amendment and Exhibit X. However, prior to

			
		  	submission to arbitration you will attempt to resolve any disputes or disagreements with the Company over this Agreement amicably and informally, in good faith, for a period not
to exceed two weeks. Thereafter, the disputes or disagreements will be submitted to arbitration. At any time prior to a decision from the arbitrator(s) being rendered, you and the Company may resolve the dispute by settlement. You and the Company
shall equally share the costs charged by the American Arbitration Association or its successor, but you and the Company shall otherwise be solely responsible for your own respective counsel fees and expenses. The decision of the arbitrator(s) shall
be made in writing, setting forth the award, the reasons for the decision and the award and shall be binding and conclusive on you and the Company. Further, neither you nor the Company shall appeal any such award. Judgment of a court of competent
jurisdiction may be entered upon the award and may be enforced as such in accordance with the provisions of the award.
		
	Governing Law	  	The laws of the State of Delaware will govern all matters relating to this Agreement, without regard to the principles of conflict of laws.
		
	Notices	  	Any notice you give to the Company must be in writing and either hand-delivered or mailed to the executive office of the Company. If mailed, it should be addressed to the
Secretary or General Counsel of the Company. Any notice given to you will be addressed to you at your address as reflected on the personnel records of the Company. You and the Company may change the address for notice by like notice to the other.
Notice will be deemed to have been duly delivered when hand-delivered or, if mailed, on the day such notice is postmarked.
		
	Agreement Subject to Plan; Entire Agreement	  	This Agreement shall be subject to the terms of the Plan in effect on the date hereof, subject to “Conflicting Terms” below, which terms are hereby incorporated herein
by reference and made a part hereof. This Agreement constitutes the entire understanding between the Company and you with respect to the subject matter hereof and no amendment, supplement or waiver of this Agreement, in whole or in part, shall be
binding upon the Company unless in writing and signed by the President or other signatory authorized by the Board or the Compensation Committee.
		
	Conflicting Terms	  	Wherever a conflict may arise between the terms of this Agreement and the terms of the Plan in effect on the date hereof, the terms of the Plan will control.

 Please sign the Acknowledgement attached to this Performance Stock Unit Agreement and return it to the
Company’s Secretary, thereby indicating your understanding of and agreement with its terms and conditions. 
  

			
	ICONIX BRAND GROUP, INC.
		
	By: 	 	/s/ Neil Cole
		 	Name: Neil Cole
		 	Title: Chief Executive Officer

 ACKNOWLEDGMENT 

I hereby acknowledge receipt of a copy of the Plan. I hereby represent that I have read and understood the terms and conditions of the
Plan and of this Performance Stock Unit Agreement. I hereby signify my understanding of, and my agreement with, the terms and conditions of the Plan and of this Performance Stock Unit Agreement. I agree to accept as binding, conclusive, and final
all decisions or interpretations of the Administrator concerning any questions arising under the Plan with respect to this Performance Stock Unit Agreement. I accept this Performance Stock Unit Agreement in full satisfaction of any previous written
or oral promise made to me by the Company or any of its Affiliates with respect to PSUs. 
 Date: February 15, 2013 

 

	
	
	/s/ David Blumberg
	David BlumbergEX-10.1

 Exhibit 10.1 
 FIRST AMENDMENT TO CREDIT AGREEMENT 
 AND AMENDMENT TO GUARANTY

 This First Amendment to Credit Agreement and Amendment to Guaranty (“First Amendment”) is made as of
February 15, 2013, by and among QuinStreet, Inc. (“Borrower”), the financial institutions from time to time signatories thereto (collectively, the “Lenders”), Comerica Bank, as administrative agent for the Lenders (in such
capacity, the “Agent”) and the Guarantors signatories hereto. 
 RECITALS 

A. Borrower entered into that certain Second Amended and Restated Revolving Credit and Term Loan Agreement (as amended, restated or
otherwise modified from time to time, the “Credit Agreement”) with Agent and the Lenders, under which Lenders extended (or committed to extend) credit to Borrower, as set forth therein. 

B. Pursuant to the terms of the Credit Agreement, the Guarantors executed and delivered to Agent that certain Guaranty dated as of
September 29, 2008 (pursuant to execution of the original Guaranty, joinder agreements or otherwise). 
 C. Borrower has
requested that the Lenders make certain amendments to the Credit Agreement, and Agent and Lenders are willing to do so, but only on the terms and conditions set forth in this First Amendment. 

NOW, THEREFORE, in consideration of the foregoing and for other good and valuable consideration the receipt and
sufficiency of which are hereby acknowledged, Borrower, Guarantors, Agent and Lenders agree as follows: 
  

	1.	The following definition is hereby added to Section 1.1 of the Credit Agreement: 

“First Amendment Effective Date” shall mean February 15, 2013. 

 

	2.	The following definitions in Section 1.1 of the Credit Agreement are hereby amended and restated as follows: 

“EBITDA” shall mean with respect to any fiscal period an amount equal to the sum of earnings for such period, before
deduction for (i) depreciation, amortization, non-cash stock compensation, net interest and taxes for such period, (ii) commencing with the fiscal quarter ending December 31, 2012, any extraordinary or non-recurring non-cash expenses
or losses (including, without limitation, goodwill impairments) for such period, (iii) commencing with the fiscal quarter ending December 31, 2012, any extraordinary or non-recurring cash expenses for such period in an aggregate amount not
to exceed $5,000,000 for the life of this Agreement, and (iv) one-time acquisition costs related to FASB 141r, measured on a trailing four fiscal quarter basis, minus any extraordinary or non-recurring cash or non-cash gains for such period.

 “Revolving Credit Aggregate Commitment” shall mean One Hundred Million Dollars
($100,000,000), subject to increases pursuant to Section 2.13 hereof by an amount not to exceed the Revolving Credit Optional Increase, subject to reduction or termination under Section 2.11 or 9.2 hereof. 

 

	3.	The first sentence of Section 3.1 of the Credit Agreement is hereby amended and restated as follows: 

“Subject to the terms and conditions of this Agreement, Issuing Lender may, but shall not be required to, through the Issuing
Office, at any time and from time to time from and after the date hereof until thirty (30) days prior to the Revolving Credit Maturity Date, upon the written request of the Borrower accompanied by a duly executed Letter of Credit Agreement and
such other documentation related to the requested Letter of Credit as the Issuing Lender may require, issue Letters of Credit in Dollars for the account of the Borrower, in an aggregate amount for all Letters of Credit issued hereunder at any one
time outstanding not to exceed the Letter of Credit Maximum Amount.” 
  

	4.	The last sentence of Section 3.6(g) of the Credit Agreement is hereby deleted in its entirety. 

 

	5.	The Guarantors, Agent and Lenders hereby agree that the Guaranty is hereby amended by deleting the definition of “Guaranteed Obligations” as set forth therein
in its entirety, and replacing it with the following: 

 “Guaranteed
Obligations” shall mean, collectively, all Indebtedness (as defined in the Credit Agreement) (including, without limitation, interest accruing at the then applicable rate provided in the Credit Agreement after maturity
thereof and accruing on or after the filing of any petition in bankruptcy, or the commencement of any insolvency, reorganization or like proceeding by or against the Credit Parties or any one of them, whether or not a claim for post-filing or
post-petition interest is allowed in such a proceeding and including, without limitation, interest at the highest allowable per annum rate specified in any document, instrument or agreement applicable to any of the Indebtedness), and all other
liabilities and obligations of any Credit Party, in each case whether direct or indirect, absolute or contingent, due or to become due, now existing or hereafter incurred, which may arise under, out of, or in connection with the Credit Agreement,
this Guaranty and the other Loan Documents. Notwithstanding anything to the contrary in this Guaranty, with respect to any Guarantor, the term “Guaranteed Obligations” shall not include any obligation of any Credit Party to Bank with
respect to a “swap,” as defined in Section 1(a)(47) of the Commodity Exchange Act (“CEA”), entered into on or after October 12, 2012, if at the time that swap is entered into, such Guarantor is not an “eligible
contract participant,” as defined in Section 1(a)(18) of the CEA. 

  
 2 

	6.	Existing Section 1.2 to the Credit Agreement is hereby deleted and replaced with new Schedule 1.2 attached hereto as Attachment 1. 

 

	7.	This First Amendment shall become effective (according to the terms hereof) on the date that the following conditions have been satisfied (“First Amendment
Effective Date”): 

  

	 	(a)	Agent shall have received fully executed versions of this First Amendment, in each case duly executed and delivered by Borrower, Agent and the requisite Lenders, in
form reasonably satisfactory to Agent and Lenders. 

  

	 	(b)	Agent shall have received fully executed versions of replacement Revolving Credit Notes for each Lender, in each case duly executed and delivered by Borrower.

  

	 	(c)	Borrower shall have paid (i) to the Agent a nonrefundable amendment fee in an amount equal to $200,000, such fee to be distributed as determined by the Agent to
the Lenders that have executed this First Amendment and (ii) to the Agent all fees, costs and expenses, if any, owed to Agent and Lenders and accrued to the First Amendment Effective Date, in each case, as and to the extent required to be paid
in accordance with the Loan Documents. 

  

	8.	Borrower hereby represents and warrants that, after giving effect to the amendments to the Credit Agreement and consents contained herein, (a) the execution and
delivery of this First Amendment are within its corporate powers, have been duly authorized, are not in contravention of law or the terms of its organizational documents, and except as have been previously obtained do not require the consent or
approval, material to the amendments contemplated in this First Amendment, of any governmental body, agency or authority, and this First Amendment and the Credit Agreement (as amended herein) will constitute the valid and binding obligations of such
Borrower enforceable in accordance with its terms, except as enforcement thereof may be limited by applicable bankruptcy, reorganization, insolvency, moratorium or similar laws affecting the enforcement of creditors’ rights generally and by
general principles of equity (whether enforcement is sought in a proceeding in equity or at law), (b) the continuing representations and warranties set forth in Article 6 of the Credit Agreement are true and correct in all material respects on
and as of the date hereof (other than any representation or warranty that expressly speaks only as of a certain date), and such representations and warranties are and shall remain continuing representations and warranties during the entire life of
the Credit Agreement, and (c) as of this First Amendment Effective Date, no Default or Event of Default shall have occurred and be continuing. 

  

	9.	Borrower, Guarantors and Lenders each hereby ratify and confirm their respective obligations under the Credit Agreement and Guaranty, as applicable, as amended by this
First Amendment, and agree that the Credit Agreement and Guaranty hereby remains in full force and effect after giving effect to this First Amendment and that, upon such effectiveness, all references in such Loan Documents to the “Credit
Agreement” and “Guaranty” shall be references to the Credit Agreement and Guaranty, respectively as amended by this First Amendment. 

  
 3 

	10.	Except as specifically set forth above, this First Amendment shall not be deemed to amend or alter in any respect the terms and conditions of the Credit Agreement, any
of the Notes issued thereunder or the Guaranty, or to constitute a waiver by Lenders or Agent of any right or remedy under or a consent to any transaction not meeting the terms and conditions of the Credit Agreement, any of the Notes issued
thereunder, the Guaranty or any of the other Loan Documents. 

  

	11.	Unless otherwise defined to the contrary herein, all capitalized terms used in this First Amendment shall have the meaning set forth in the Credit Agreement.

  

	12.	This First Amendment may be executed in counterpart in accordance with Section 13.9 of the Credit Agreement. 

 

	13.	This First Amendment shall be construed in accordance with and governed by the laws of the State of California. 

  
 4 

 IN WITNESS WHEREOF, the Borrower, the Guarantors, the Lenders and Agent have each caused
this First Amendment to be executed by their respective duly authorized officers or agents, as applicable, all as of the date first set forth above. 
  

			
	COMERICA BANK, as Agent
		
	By:	 	/s/ Philip Koblis
	Name:	 	Philip Koblis
	 Title:
	 	Senior Vice President

 
			
	COMERICA BANK, as Issuing Lender, as Swing Line Lender and as a Lender
		
	By:	 	/s/ Philip Koblis
	Name:	 	Philip Koblis
	Its:	 	Senior Vice President

 
			
	CREDIT SUISSE AG, Cayman Islands Branch, as a Lender
		
	By:	 	 
	Name:	 	 
	Its:	 	 

 
			
	J.P. MORGAN CHASE, N.A., as a Lender
		
	By:	 	 
	Name:	 	 
	Its:	 	 

 
			
	UNION BANK, N.A., as a Lender
		
	By:	 	/s/ Michael Stahl
	Name:	 	Michael Stahl
	Its:	 	Vice President

 
			
	BANK OF AMERICA, N.A., as a Lender
		
	By:	 	/s/ Ronald J. Drobny
	Name:	 	Ronald J. Drobny
	Its:	 	Senior Vice President

 
			
	U.S. BANK, NATIONAL ASSOCIATION, as a Lender
		
	By:	 	/s/ Christi K. Shaw
	Name:	 	Christi K. Shaw
	Its:	 	Vice President

 
			
	BANK OF THE WEST, as a Lender
		
	By:	 	 
	Name:	 	 
	Its:	 	 

 
			
	SILICON VALLEY BANK, as a Lender
		
	By:	 	 
	Name:	 	 
	Its:	 	 

 
			
	QUINSTREET, INC., as Borrower
		
	By:	 	/s/ Douglas J. Valenti
	Name:	 	Douglas J. Valenti
	Its:	 	CEO

  

			
	QUINSTREET MEDIA, INC., as a Guarantor
		
	By:	 	/s/ Douglas J. Valenti
	Name:	 	Douglas J. Valenti
	Title:	 	President

  

			
	QUINSTREET LLC, as a Guarantor
		
	By:	 	/s/ Douglas J. Valenti
	Name:	 	Douglas J. Valenti
	Title:	 	Manager

  

			
	HQ PUBLICATIONS LLC, as a Guarantor
		
	By:	 	/s/ Douglas J. Valenti
	Name:	 	Douglas J. Valenti
	Title:	 	Manager, Quinstreet, LLC

 Schedule 1.2 
 Percentages and Allocations 
 Revolving Credit and Term Loan Facilities

  

																									
	 LENDERS
	  	REVOLVING
CREDIT
ALLOCATIONS	 	  	REVOLVING
CREDIT
PERCENTAGE
	 	 	TERM LOAN
ALLOCATIONS	 	  	TERM LOAN
PERCENTAGE	 	 	TOTAL
ALLOCATION	 	  	WEIGHTED
PERCENTAGE	 
	 Comerica Bank
	  	$	23,700,000	  	  	 	23.700000	% 	 	$	23,217,500	  	  	 	25.100000	% 	 	$	46,917,500	  	  	 	24.372727273	% 
	 Bank of America
	  	$	22,125,000	  	  	 	22.125000	% 	 	$	21,506,250	  	  	 	23.250000	% 	 	$	43,631,250	  	  	 	22.665584416	% 
	 Union Bank
	  	$	16,375,000	  	  	 	16.375000	% 	 	$	15,956,250	  	  	 	17.250000	% 	 	$	32,331,250	  	  	 	16.795454545	% 
	 U.S. Bank
	  	$	11,475,000	  	  	 	11.475000	% 	 	$	11,146,250	  	  	 	12.050000	% 	 	$	22,621,250	  	  	 	11.751298701	% 
	 Silicon Valley Bank
	  	$	9,850,000	  	  	 	9.850000	% 	 	$	9,527,500	  	  	 	10.300000	% 	 	$	19,377,500	  	  	 	10.066233766	% 
	 Bank of the West
	  	$	8,200,000	  	  	 	8.200000	% 	 	$	7,955,000	  	  	 	8.600000	% 	 	$	16,155,000	  	  	 	8.392207792	% 
	 Credit Suisse
	  	$	5,000,000	  	  	 	5.000000	% 	 	$	0	  	  	 	0.000000	% 	 	$	5,000,000	  	  	 	2.597402597	% 
	 J.P. Morgan Chase
	  	$	3,275,000	  	  	 	3.275000	% 	 	$	3,191,250	  	  	 	3.450000	% 	 	$	6,466,250	  	  	 	3.359090909	% 
		  	  
	  
	 	  	  
	  
	 	 	  
	  
	 	  	  
	  
	 	 	  
	  
	 	  	  
	  
	 
	 TOTALS
	  	$	100,000,000	  	  	 	100	% 	 	$	92,500,000	  	  	 	100	% 	 	$	192,500,000	  	  	 	100	%

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