Document:

Exhibit 10.4

 

RIGHT
OF FIRST REFUSAL AGREEMENT

 

THIS RIGHT OF FIRST REFUSAL AGREEMENT (the
“Agreement”) is made as of the 15th day of July, 2005 by and among Eons, Inc.,
a Delaware corporation (the “Company”), General Catalyst Group III, L.P., a
Delaware limited partnership (“GCP Group III”), GC Entrepreneurs Fund III,
L.P., a Delaware limited partnership (“GCP Entrepreneurs III” and together with
GCP Group III, “GCP”), Monster Worldwide, Inc., a Delaware corporation
(“Monster Worldwide”), and Jeffrey C. Taylor (“Taylor”).  GCP, Monster Worldwide and Taylor are
referred to herein individually each as an “Investor” and collectively as the
“Investors.” 

 

WHEREAS,
this Agreement in being entered into in connection with the Company’s July 2005
financing, pursuant to which on the date hereof, the Company will issue and
sell, and the Investors will purchase and acquire, certain securities of the
Company (the “July 2005 Financing”).

 

NOW, THEREFORE, in consideration of the mutual covenants
set forth herein, and for other good and valuable consideration, the receipt
and sufficiency of which are acknowledged, the Company and the Investors agree
as follows:

 

1.                                       Definitions.

 

(a)                          “Company Notice” means written notice from the Company notifying
Taylor that it intends to exercise its right of first refusal under Section
2(a) as to some or all of the Transfer Stock proposed to be transferred in any
Proposed Transfer.

 

(b)                         “Investor Notice” means written notice from either GCP or Monster
Worldwide notifying the Company and Taylor that such Investor intends to
exercise its Secondary Refusal Right as to a portion of the Transfer Stock with
respect to any Proposed Transfer.

 

(c)                          “Monster Note” means the Note issued
to Monster Worldwide pursuant to the terms of the Subscription Agreement
between the Company and Monster Worldwide, dated as of the date hereof.

 

(d)                         “Proposed Transfer” means any
proposed assignment, sale, offer to sell, pledge, mortgage, hypothecation,
encumbrance, disposition of or any other like transfer or encumbering of any
Taylor Common Shares and/or the Taylor Note (or any interest in the foregoing),
including any such transfer or encumbering by operation of law or court order; provided
that Proposed Transfer shall not include any merger, consolidation or like transfer
effected pursuant to a vote of the holders of capital stock of the Company.

 

(e)                          “Proposed Transfer Notice” means
written notice from Taylor setting forth the terms and conditions of a Proposed
Transfer.

 

(f)                            “Prospective Transferee” means any
person to whom a Proposed Transfer is proposed to be made.

 

 

(g)                         “Secondary Notice” means written
notice from the Company notifying GCP and Monster Worldwide that the Company
does not intend to exercise its right of first refusal as to all shares of
Transfer Stock with respect to any Proposed Transfer.

 

(h)                         “Secondary Refusal Right” means the
right, but not an obligation, of GCP or Monster Worldwide to purchase up to its
pro rata portion (based upon their respective relative aggregate amounts
invested in the Company in connection with the July 2005 Financing) of any
Transfer Stock not purchased pursuant to the Company’s right of first refusal
set forth in Section 2(a), on the terms and conditions specified in the
Proposed Transfer Notice.

 

(i)                             “Taylor Common Shares” means any shares
of the Company’s Common Stock issued to Taylor and outstanding on the date
hereof, and any securities of the Company issued in respect thereof.

 

(j)                             “Taylor Note” means the Note issued
to Taylor pursuant to the terms of the Subscription Agreement between the
Company and Taylor, dated as of the date hereof.

 

(k)                          “Taylor Note Refusal Right” means
the right, but not an obligation, of GCP or Monster Worldwide to purchase up to
its pro rata portion (based upon their respective relative aggregate amounts
invested in connection with the July 2005 Financing) of all or any portion of
the Taylor Note that is proposed to be transferred in a Proposed Transfer, on
the terms and conditions specified in a notice relating to such proposed
transfer.

 

(l)                             “Transfer Stock” means Taylor Common
Shares that is proposed to be transferred in a Proposed Transfer.

 

2.                                       Right
of First Refusal.

 

(a)                                  Company Right to Purchase. 

 

(1)                                  Grant. 
For so long as at least one half of the original principal balance of
the Monster Note remains outstanding, Taylor hereby unconditionally and
irrevocably grants to the Company a right of first refusal to purchase all or
any portion of the Transfer Stock that Taylor may propose to transfer in a
Proposed Transfer, at the same price and on the same terms and conditions as
those offered to the Prospective Transferee.

 

(2)                                  Notice. 
Taylor must deliver a Proposed Transfer Notice to the Company and each
of GCP and Monster Worldwide not later than thirty (30) days prior to the
consummation of such Proposed Transfer. 
Such Proposed Transfer Notice shall contain the material terms and
conditions of the Proposed Transfer and the identity of the Prospective
Transferee.  The Company must exercise
its right of first refusal under Section 2(a) by giving a Company Notice to
Taylor, with copies to GCP and Monster Worldwide, within five (5) days after
delivery of the Proposed Transfer Notice. 
The Company shall not exercise its right of first refusal hereunder with
respect to any Proposed Transfer, without the prior approval of a majority of
its Board of Directors, which majority shall include the director designated by
GCP, if any.

 

2

 

(b)                                 GCP and Monster Worldwide Right to
Purchase.

 

(1)                                  Grant. 
For so long as at least one half of the original principal balance of
the Monster Note remains outstanding, Taylor hereby unconditionally and
irrevocably grants to GCP and Monster Worldwide a Secondary Refusal Right to
purchase all or any portion of the Transfer Stock not purchased by the Company
pursuant to the Company’s right of first refusal set forth above, as provided
in this Section 2(b).  If the Company
does not intend to exercise its right of first refusal with respect to all
Transfer Stock subject to a Proposed Transfer, the Company must deliver a
Secondary Notice to GCP and Monster Worldwide no later than ten (10) days after
Taylor delivers the Proposed Transfer Notice to the Company.  To exercise its rights under this Section
2(b), GCP or Monster Worldwide must deliver an Investor Notice to Taylor and
the Company within ten (10) days after the receipt of the Secondary Notice. In
addition, in the event Taylor proposes to transfer the Taylor Note in a
Proposed Transfer, for so long as at least one half of the original principal
balance of the Monster Note remains outstanding, Taylor hereby unconditionally
and irrevocably grants to GCP and Monster Worldwide a Taylor Note Refusal Right
to purchase all or any portion of the Taylor Note that is proposed to be
transferred at the same price and on the same terms and conditions as those
offered to the transferee to whom the Taylor Note is proposed to be transferred.  Taylor must deliver a notice to GCP and Monster
Worldwide no later than twenty (20) days prior to the consummation of such
proposed transfer of the Taylor Note.  To
exercise its Taylor Note Refusal Rights, GCP or Monster Worldwide must deliver
a notice to Taylor and the Company within ten (10) days after receipt of the
notice referred to in the preceding sentence indicating that such Investor
intends to exercise its Taylor Note Refusal Right.

 

(c)                                  Consideration; Closing. 
If the consideration proposed to be paid for the Transfer Stock or the
Taylor Note is in property, services or other non-cash consideration, the fair
market value of the consideration shall be determined in good faith by a
majority of the Company’s Board of Directors (the “Board”), which majority
shall include the director designated by GCP, if any.  If the Company or GCP or Monster Worldwide
cannot for any reason pay for the Transfer Stock in the same form of non-cash
consideration, the Company or such Investor may pay the cash value equivalent
thereof, as determined by the Board, as provided above.  The closing of the purchase of Transfer Stock
by the Company and GCP or Monster Worldwide or the Taylor Note by GCP or
Monster Worldwide shall take place, and all payments from the Company and GCP
or Monster Worldwide shall have been delivered to Taylor, by the later of (i)
the date specified in the applicable notice referred to above as the intended
date of the Proposed Transfer or the date of the transfer of the Taylor Note,
as the case may be and (ii) thirty (30) days after delivery of such applicable
notice.

 

(d)                                 Effect of Failure to Comply. 
Any transfer not made in compliance with the requirements of this
Agreement shall be null and void ab initio, shall not be recorded on the books
of the Company or its transfer agent and shall not be recognized by the
Company.  Each party hereto acknowledges
and agrees that any breach of this Agreement would result in substantial harm
to the other parties hereto for which monetary damages alone could not
adequately compensate.  Therefore, the
parties hereto unconditionally and irrevocably agree that any non-breaching
party hereto shall be entitled to seek protective orders, injunctive relief and
other remedies available at law or in equity (including, without limitation,
seeking specific performance or the rescission of purchases, sales and other
transfers of capital stock not made in strict compliance with this Agreement).

 

3

 

(e)                                  Arms-Length Transfers. 
Notwithstanding the foregoing, in the event any Transfer Stock or all or
any portion of the Taylor Note is proposed to be transferred in a transaction
not negotiated on a good faith, arms-length basis, the Company or the
Investors, as the case may be, may exercise rights to purchase under this Section
2 for the price per security at which Taylor acquired such Transfer Stock (as
adjusted for stock dividends, combinations, splits, recapitalizations and the
like) or Taylor Note (or portion thereof), as applicable.

 

3.                                       Exempt
Transfers.

 

(a)                                  Notwithstanding the foregoing or
anything to the contrary herein, the provisions of Section 2 shall not apply to
any transfer of equity securities by Taylor to: (i) any spouse, parent, sibling
or child of Taylor (each a “Family Member”); (ii) any trust, the sole
beneficiaries of which are Taylor or one or more Family Members; (iii) any
transferee taking from Taylor by will or the laws of descent and distribution
or pursuant to any separation or divorce agreement or related judicial order;
or (iv) an entity in which Taylor owns 100% of the voting and equity capital; provided,
that prior to making, effecting or permitting any such transfer, Taylor shall
cause the prospective transferee to make such representations and warranties
and comply with such covenants as may be deemed reasonably necessary by the
Company to comply with applicable securities laws, and to agree, in a form
satisfactory to the Company and the other Investors, to become a party to and
be bound by the applicable provisions of this Agreement and to agree that the
equity securities so transferred or disposed of shall continue to be bound by
and subject to the applicable provisions of this Agreement to the same extent
as Taylor.  In connection with any
transfer of any Transfer Stock or all or any portion of the Taylor Note pursuant
to any separation or divorce agreement or related judicial order, Taylor agrees
to use his best efforts to cause such transfer to be made into a voting trust
or pursuant to alternative arrangements under which either Taylor or one or
more other trustees or other individuals reasonably acceptable to GCP shall
retain voting control over such Transfer Stock or any capital stock underlying
the conversion rights of such transferred portion of the Taylor Note.

 

(b)                                 Notwithstanding the foregoing or
anything to the contrary herein, the provisions of Section 2 shall not apply to
the sale of any capital stock of the Company to the public in an offering
pursuant to an effective registration statement under the Securities Act of
1933, as amended (a “Public Offering”).

 

4.                                       Legend.  

 

(a)                                  Each certificate representing shares
of Taylor Common Shares and the Taylor Note held Taylor or issued to any
permitted transferee in connection with a transfer permitted by Section 3
hereof shall be endorsed with a legend in substantially the following form:

 

THE SALE, PLEDGE,
HYPOTHECATION OR TRANSFER OF THE SECURITIES REPRESENTED HEREBY ARE SUBJECT TO,
AND IN CERTAIN CASES PROHIBITED BY, THE TERMS AND CONDITIONS OF A CERTAIN RIGHT
OF FIRST REFUSAL AGREEMENT BY AND AMONG THE COMPANY, THE HOLDER, 

 

4

 

AND CERTAIN OTHER
HOLDERS OF EQUITY SECURITIES OF THE COMPANY. 
COPIES OF SUCH AGREEMENT MAY BE OBTAINED UPON WRITTEN REQUEST TO THE
SECRETARY OF THE COMPANY.

 

(b)                                 Taylor agrees that the Company may
instruct its transfer agent to impose transfer restrictions on the shares
represented by certificates bearing the legend referred to above to enforce the
provisions of this Agreement, and the Company agrees to promptly do so.  The legend shall be removed upon termination
of this Agreement at the request of the holder.

 

5.                                       Miscellaneous.

 

(a)                                  Term. 
This Agreement shall terminate upon the earlier of (i) the
consummation of the Company’s initial Public Offering, and (ii) the
consummation of any transaction regarding or providing for the sale or other
transfer of all or substantially all of its assets (other than a transfer to a
wholly-owned subsidiary), or any merger, consolidation, reorganization or other
transaction where the holders of equity securities of the Company (including
any convertible promissory notes) immediately prior to such transaction hold
less than a majority of the equity securities of the surviving, succeeding or
resulting entity immediately following such transaction.

 

(b)                                 Dispute Resolution. 
Any unresolved controversy or
claim arising out of or relating to this Agreement, except as
(i) otherwise provided in this Agreement, or (ii) any such
controversies or claims for which a provisional remedy or equitable relief is
sought, shall be submitted to arbitration by one arbitrator mutually agreed
upon by the parties, and if no agreement can be reached within thirty (30) days
after names of potential arbitrators have been proposed by the American
Arbitration Association (the “AAA”),
then by one arbitrator having reasonable experience in corporate finance
transactions of the type provided for in this Agreement and who is chosen by
the AAA.  The arbitration shall take
place in Boston, Massachusetts, in accordance with the AAA rules then in
effect, and judgment upon any award rendered in such arbitration will be
binding and may be entered in any court having jurisdiction thereof.  There shall be limited discovery prior
to the arbitration hearing as follows: 
(a) exchange of witness lists and copies of documentary evidence and documents
relating to or arising out of the issues to be arbitrated, (b) depositions
of all party witnesses and (c) such other depositions as may be allowed by the
arbitrators upon a showing of good cause. 
Depositions shall be conducted in accordance with the Massachusetts Code
of Civil Procedure, the arbitrator shall be required to provide in writing to
the parties the basis for the award or order of such arbitrator, and a court
reporter shall record all hearings, with such record constituting the official transcript
of such proceedings.  Each party will bear its own costs in respect
of any disputes arising under this Agreement. 
Each of the parties to this Agreement consents to personal jurisdiction
for any equitable action sought in the U.S. District Court for the District of
Massachusetts or any court of the Commonwealth of Massachusetts having subject
matter jurisdiction.

 

(c)                                  Notices. 
All notices and other communications given or made pursuant to this
Agreement shall be in writing and shall be deemed effectively given:  (a) upon personal delivery to the party to be
notified, (b) when sent by confirmed electronic mail or

 

5

 

facsimile if sent during normal business hours of the
recipient, and if not so confirmed, then on the next business day, (c) three (3)
days after having been sent by registered or certified mail, return receipt
requested, postage prepaid, or (d) one (1) day after deposit with a nationally
recognized overnight courier, specifying next day delivery, with written
verification of receipt.  All
communications shall be sent to the respective parties at their address as set
forth on the signature pare hereto, or to such email address, facsimile number
or address as subsequently modified by written notice given in accordance with
this Section.

 

(d)                                 Entire Agreement. 
This Agreement constitutes the full and entire understanding and
agreement between the parties with respect to the subject matter hereof, and
any other written or oral agreement relating to the subject matter hereof
existing between the parties are expressly canceled.

 

(e)                                  Delays or Omissions.  
No delay or omission to exercise any right, power or remedy accruing to
any party under this Agreement, upon any breach or default of any other party
under this Agreement, shall impair any such right, power or remedy of such
non-breaching or non-defaulting party nor shall it be construed to be a waiver
of any such breach or default, or an acquiescence therein, or of or in any
similar breach or default thereafter occurring; nor shall any waiver of any
single breach or default be deemed a waiver of any other breach or default
theretofore or thereafter occurring.  Any
waiver, permit, consent or approval of any kind or character on the part of any
party of any breach or default under this Agreement, or any waiver on the part
of any party of any provisions or conditions of this Agreement, must be in
writing and shall be effective only to the extent specifically set forth in
such writing.  All remedies, either under
this Agreement or by law or otherwise afforded to any party, shall be
cumulative and not alternative.

 

(f)                                    Amendment. 
This Agreement may be amended or modified and the observance of any term
hereof may be waived (either generally or in a particular instance and either
retroactively or prospectively) only by a written instrument executed by (i)
the Company, (ii) GCP, and (iii) at least one of the other two Investors.  Any amendment, modification or waiver so
effected shall be binding upon the Company and the Investors, and all of their
respective successors and permitted assigns whether or not such party, assignee
or other shareholder entered into or approved such amendment or waiver.  Notwithstanding the foregoing, this Agreement
may not be amended or modified and the observance of any term hereunder may not
be waived with respect to any Investor without the written consent of such
Investor unless such amendment, modification or waiver applies to all Investors
in the same fashion in light of their existing rights and obligations under
this Agreement.  The Company shall give
prompt written notice of any amendment or modification hereof or waiver
hereunder to any party hereto that did not consent in writing to such
amendment, modification or waiver.  No
waivers of or exceptions to any term, condition or provision of this Agreement,
in any one or more instances, shall be deemed to be, or construed as, a further
or continuing waiver of any such term, condition or provision.

 

(g)                                 Transfers, Successors and Assigns. 

 

(1)                                  The terms and conditions of this
Agreement shall inure to the benefit of and be binding upon the respective
successors and assigns of the parties. 
Nothing

 

6

 

in this Agreement, express or implied, is intended to confer
upon any party other than the parties hereto or their respective successors and
assigns any rights, remedies, obligations or liabilities under or by
reason of this Agreement, except as expressly provided in this Agreement.

 

(2)                                  The rights of the Investors
hereunder are not assignable without the Company and the other Investor’s
written consent, except by each Investor to any constituent, partner, member or
stockholder of such Investor or to an entity or entities controlled by, or
under common control with, such Investor. 
Except as expressly set forth herein or in connection with an assignment
by the Company by operation of law to the acquirer of the Company, the rights
and obligations of the Company hereunder may not be assigned under any
circumstances.

 

(h)                                 Severability. 
The invalidity of unenforceability of any provision hereof shall in no
way affect the validity or enforceability of any other provision.

 

(i)                                     Governing Law. 
This Agreement shall be governed by and construed in accordance with the
internal laws of the State of Delaware, without regard to its principles of
conflicts of laws.

 

(j)                                     Titles and Subtitles. 
The titles and subtitles used in this Agreement are used for convenience
only and are not to be considered in construing or interpreting this Agreement.

 

(k)                                  Counterparts. 
This Agreement may be executed in two or more counterparts (including
via facsimile), each of which shall be deemed an original, but all of which
together shall constitute one and the same instrument.

 

(l)                                     Nondisclosure.  The parties hereto acknowledge that Monster
Worldwide will file only the documents relating to the July 2005 Financing to
which it is a party as Exhibits to a Current Report on Form 8-K (the “Current
Report”). Monster Worldwide has provided the Company and GCP with the text
of the Current Report at least 24 hours before its anticipated filing date and
will consider, but shall not be obligated to make, comments made by such
parties, if any. Except to the extent required by applicable law (including
applicable securities laws), no party hereto shall make any other press release
or other public disclosure regarding the July 2005 Financing, the Company or
such party’s investment in the Company (“Other Disclosure”) without the
prior consent of the other parties hereto, such consent not to be unreasonably
withheld, and each party hereto shall provide the other parties with copies of
any Other Disclosure at least 24 hours prior to the anticipated release of such
Other Disclosure. General disclosures regarding the existence and terms of any
investment in the Company by such party without disclosing the terms as
applicable to other parties shall be excluded from the foregoing requirement to
obtain the other parties’ consent.

 

[Remainder
of Page Intentionally Left Blank]

 

7

 

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

 

	
   

  	
  COMPANY:

  
	
   

  	
   

  
	
   

  	
  EONS, INC.

  
	
   

  	
   

  
	
   

  	
  Address:

  	
  c/o The Feinberg Law
  Group, LLC

  
	
   

  	
   

  	
  57 River Street, Suite 204

  
	
   

  	
   

  	
  Wellesley, Massachusetts
  02481

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/
  Jeffrey C. Taylor

  	
   

  
	
   

  	
   

  
	
   

  	
  Name: Jeffrey C. Taylor

  
	
   

  	
   

  
	
   

  	
  Title:

  	
  President and Chief Executive Officer

  	
   

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  INVESTORS:

  
	
   

  	
   

  
	
   

  	
  GENERAL CATALYST GROUP
  III, L.P.

  
	
   

  	
   

  
	
   

  	
  By:

  	
  General Catalyst
  Partners III, L.P.

  
	
   

  	
   

  	
  its General Partner

  
	
   

  	
   

  
	
   

  	
  By:

  	
  General Catalyst GP
  III, LLC

  
	
   

  	
   

  	
  its General Partner

  
	
   

  	
   

  
	
   

  	
  Address:

  	
  20 University Road,
  Suite 450

  
	
   

  	
   

  	
  Cambridge,
  Massachusetts 02138

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/
  William J. Fitzgerald

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  Name:

  	
  William J. Fitzgerald

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  Title:

  	
  Member and Chief Financial Officer

  	
   

  
	
   

  	
   

  
	
   

  	
  MONSTER WORLDWIDE, INC.

  
	
   

  	
   

  
	
   

  	
  Address:

  	
  622 Third Avenue

  
	
   

  	
   

  	
  New York, New York
  10017

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Myron Olesnyckyj

  	
   

  
												

 

 

	
   

  	
  Name: Myron Olesnyckyj

  
	
   

  	
   

  
	
   

  	
  Title: Senior Vice President

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
     /s/ Jeffrey C. Taylor

  	
   

  
	
   

  	
  Jeffrey C. Taylor

  
	
   

  	
   

  
	
   

  	
  Address:

  	
  c/o The Feinberg Law Group, LLC

  
	
   

  	
   

  	
  57 River Street, Suite 204

  
	
   

  	
   

  	
  Wellesley, MA 02481

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  GC ENTREPRENEURS FUND
  III, L.P.

  
	
   

  	
   

  
	
   

  	
  By:

  	
  General Catalyst
  Partners III, L.P.

  
	
   

  	
   

  	
  its General Partner

  
	
   

  	
   

  
	
   

  	
  By:

  	
  General Catalyst GP
  III, LLC

  
	
   

  	
   

  	
  its General Partner

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
        /s/ William J.
  Fitzgerald

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  Name:

  	
  William J. Fitzgerald

  
	
   

  	
   

  
	
   

  	
  Title: 

  	
  Member and Chief
  Financial OfficerExhibit
10.5

 

MONSTER
WORLDWIDE, INC.

622 Third Avenue, 39th Floor

New York, NY 10017

 

July 14, 2005

 

GECKO Inc.

600 International Drive

Mount Olive, NJ 07828

Attn: George R. Eisele

 

Re:          Working Capital Adjustment;
Technology Matters

 

Dear George:

 

Reference is made to that
certain Stock Purchase Agreement, dated as of May 2, 2005, by and among
GECKO Inc., George R. Eisele, Daniel S. Collins and Monster Worldwide, Inc.
(the “Purchase Agreement”).  Capitalized
terms not otherwise defined herein shall have the meanings set forth in the
Purchase Agreement.

 

1.             The parties hereby agree that the Working Capital Amount
(as defined in Section 2.3 of the Purchase Agreement) is $1,735,001.74,
and accordingly that the amount of the Working Capital Payment (as defined in Section 2.3
of the Purchase Agreement) is $867,500.87.

 

2.             Reference is made to Section 8.1(e)(i) of the
Purchase Agreement.  Buyer has requested
that the network facilities to be provided by Seller at both Buyer’s Milwaukee,
WI and Mount Olive, NJ locations include “active directory”.  It is understood and agreed that Seller shall
use commercially reasonable efforts to obtain a third-party vendor to install “active
directory” at both such locations.  It is
further understood that the expense for such efforts (including both
third-party vendor fees and hardware costs) will be borne 50% by Buyer and 50%
by Seller, provided that Seller’s contribution shall be capped at $35,000.00
and Buyer shall bear 100% of any expenses that exceed $70,000.00.

 

If this letter accurately
reflects the understanding and agreement of the parties, please evidence your
agreement to the terms hereof by signing where indicated below.

 

	
   

  	
  Very truly yours,

  
	
   

  	
   

  
	
   

  	
  MONSTER WORLDWIDE, INC.

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By: 

  	
    /s/ Myron
  Olesnyckyj

  	
   

  
	
   

  	
  Its:  Senior Vice President

  
	
   

  	
   

  
	
  ACCEPTED AND AGREED as
  of

  	
   

  
	
  the date first written
  above:

  	
   

  
	
   

  	
   

  
	
  GECKO INC.

  	
   

  
	
   

  	
   

  
	
   

  	
   

  
	
  By: 

  	
    /s/ George
  Eisele

  	
   

  	
   

  
	
  Its: CEO

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