Document:

Exhibit 10.4

 

MIVA, INC.

 

AMENDMENT I

 

EMPLOYMENT AGREEMENT

 

WHEREAS, MIVA, Inc. (“Employer”) and
Subhransu “Brian” Mukherjee (“Executive”) entered into an Executive Employment
Agreement, effective July 13, 2006 (“Agreement”); and

 

WHEREAS, Section 409A of the Internal
Revenue Code of 1986, as amended, was enacted in 2004, and places strict rules on
the time and form of certain payments provided under the Agreement; and

 

WHEREAS, the Employer and Executive may, by
written consent of both parties, amend the Agreement; and

 

WHEREAS, the Employer and Executive desire to
amend the Agreement to bring it into compliance with Code Section 409A so
as to avoid the imposition on Executive of excise taxes.

 

NOW THEREFORE, it is agreed, for good and
valuable consideration, the receipt of which is hereby acknowledged, that, January 1,
2009, that the Agreement is amended as follows:

 

1.                                     The
last sentence in Section 6(a) is deleted and replaced with the
following:

 

For purposes of this Section 6, ‘Termination Date’ shall mean the
date on which a ‘separation from service’ occurs, as defined in Treasury
Regulation Section 1.409A-1(h).

 

2.                                     The
following Section 6(k) is added to the Agreement:

 

Notwithstanding any provision in this Section 6 to the contrary,
if Executive is a “specified employee” as defined in Section 409A of the
Code and the Company determines that any amounts to be paid to Executive under
this Section 6 are subject to Section 409A of the Code, then the
Company shall not commence payment of such amounts until the earlier of (a) the
date that is six months after the Executive’s Termination Date or (b) the
date of the Executive’s death.  Any
amount that otherwise would have been payable but for the delay described above
shall be aggregated and paid with the first payment under this Section 6(k).

 

3.                                     The
following clause is deleted in its entirety from the second to last sentence of
the first paragraph of Section 8(a):

 

Unless an alternative method of reduction is elected by Executive.

 

 

IN WITNESS WHEREOF, Executive has hereunto set
his hand, and Employer has caused this Amendment I to be executed in its name
and on its behalf, as of the 23rd day of December 2008.

 

 

	
   

  	
  MIVA Inc.

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Peter A. Corrao

  
	
   

  	
   

  
	
   

  	
  Its:

  	
  President and CEO

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  Executive

  
	
   

  	
   

  
	
   

  	
  /s/ Subhransu “Brian” Mukherjee

  
	
   

  	
  Subhransu “Brian” MukherjeeExhibit 10.5

 

MIVA, INC.

 

AMENDMENT I

 

EMPLOYMENT AGREEMENT

 

WHEREAS, MIVA, Inc. (“Employer”) and
Peter Corrao (“Executive”) entered into an Executive Employment Agreement,
effective September 6, 2005 (“Agreement”); and

 

WHEREAS, Section 409A of the Internal
Revenue Code of 1986, as amended, was enacted in 2004, and places strict rules on
the time and form of certain payments provided under the Agreement; and

 

WHEREAS, the Employer and Executive may, by
written consent of both parties, amend the Agreement; and

 

WHEREAS, the Employer and Executive desire to
amend the Agreement to bring it into compliance with Code Section 409A so
as to avoid the imposition on Executive of excise taxes.

 

NOW THEREFORE, it is
agreed, for good and valuable consideration, the receipt of which is hereby
acknowledged, that, effective January 1, 2009, that the Agreement is
amended as follows:

 

1.                                     Section 2(c) is
amended and restated in its entirety to read as follows:

 

The Executive shall be based out of the Company’s New York, New York
office.  If the Company decides to move
its operations more than 50 miles from its current offices in New York, New
York, Executive shall not be required to relocate and, to the extent the
Executive cannot perform his duties hereunder as a result of such a move, his
non-performance will not constitute Cause (as defined below).

 

2.                                     The
last sentence in Section 6(a) is deleted and replaced with the
following:

 

For purposes of this Section 6, ‘Termination Date’ shall mean the
date on which a ‘separation from service’ occurs, as defined in Treasury
Regulation Section 1.409A-1(h).

 

3.                                     The
following Section 6(k) is added to the Agreement:

 

Notwithstanding any provision in this Section 6 to the contrary,
if Executive is a “specified employee” as defined in Section 409A of the
Code and the Company determines that any amounts to be paid to Executive
hereunder are subject to Section 409A of the Code, then the Company shall
not commence payment of such amounts until the earlier of (a) the date
that is six months after the Executive’s Termination Date or (b) the date
of the Executive’s death.  Any 

 

 

amount that otherwise would have been payable but for the delay
described above shall be aggregated and paid with the first payment under this Section 6(k).

 

4.                                     Section 6(e)(vi) is
amended and restated in its entirety to read as follows:

 

a relocation of the Company’s offices in New
York, New York to a location more than 50 miles from the current location.

 

5.                                     The
following clause is deleted in its entirety from the second to last sentence of
the first paragraph of Section 8(a):

 

Unless an alternative method of reduction is elected by Executive.

 

[Signature block follows on next page.]

 

 

IN WITNESS WHEREOF, Executive has hereunto set
his hand, and Employer has caused this Amendment I to be executed in its name
and on its behalf, as of the 23rd day of December 2008.

 

 

	
   

  	
  MIVA Inc.

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Lowell Robinson

  
	
   

  	
   

  
	
   

  	
  Its:

  	
  COO and CFO

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  Executive

  
	
   

  	
   

  
	
   

  	
  /s/ Peter A. Corrao

  
	
   

  	
  Peter CorraoExhibit 10.6

 

FIRST AMENDMENT

TO THE

MIVA, INC. (FKA FINDWHAT.COM, INC.)

1999 STOCK INCENTIVE PLAN

 

Background Information

 

A.            Miva, Inc. (the
“Company”) maintains the MIVA, Inc. (fka FindWhat.com, Inc.) 1999
Stock Incentive Plan, as amended on December 15, 2003 (the “Plan”).

 

B.            The United States
Treasury Department issued final regulations that mandate Plan amendments with
respect to Internal Revenue Code Section 409A.

 

C.            The Company has the
power to amend and modify the Plan pursuant to Section 10 thereof.

 

D.            The Company desires
to amend the Plan to bring the Plan into compliance with Internal Revenue Code Section 409A.

 

Plan Amendment

 

The amendments set forth below shall be effective January 1, 2009.

 

1.             The
following Section 12(m) is added to the Plan:

 

“This plan will be administered in such a manner so that awards are
either exempt from, or compliant with, Section 409A of the Code.”

 

2.             The
remainder of the Plan shall remain unchanged.

 

[SIGNATURE
BLOCK FOLLOWS ON NEXT PAGE]

 

1

 

The Company has caused this First Amendment
to the FindWhat.com, Inc. 1999 Stock Incentive Plan, as amended on December 15,
2003 to be executed on its behalf, by its officer duly authorized, this 18th
day of December, 2008.

 

	
   

  	
  Miva, Inc.

  
	
   

  	
   

  
	
   

  	
  By:

  	
              John
  Pisaris

  
	
   

  	
   

  	
   

  
	
   

  	
  Its:

  	
            General
  Counsel and Secretary

  

 

2Exhibit 10.7

 

FIRST AMENDMENT

TO THE

MIVA, Inc. (fka FINDWHAT.COM, INC.)

2004 STOCK INCENTIVE PLAN

 

Background Information

 

A.                                   Miva, Inc.
(the “Company”) maintains the MIVA, Inc. (fka FindWhat.com, Inc.)
2004 Stock Incentive Plan (the “Plan”).

 

B.                                     The
United States Treasury Department issued final regulations that mandate Plan
amendments with respect to Internal Revenue Code Section 409A.

 

C.                                     The
Company has the power to amend and modify the Plan pursuant to Section 15
thereof.

 

D.                                    The
Company desires to amend the Plan to bring the Plan into compliance with
Internal Revenue Code Section 409A.

 

Plan Amendment

 

The amendments set forth below shall be effective January 1, 2009.

 

1.                                       The following
clause is added after the last sentence of Section 13:

 

                                                “and
provided that the adjustments will be made in such a manner so as to avoid (1) making
awards previously exempt from Section 409A of the Code subject to Section 409A
of the Code and (2) making awards previously compliant with Section 409A
of the Code violate Section 409A of the Code.”

 

2.                                       The following Section 16(x) is
added to the Plan:

 

“This plan will be administered in such a manner so that awards are
either exempt from, or compliant with, Section 409A of the Code.”

 

3.                                       The remainder of
the Plan shall remain unchanged.

 

[SIGNATURE
BLOCK FOLLOWS ON NEXT PAGE]

 

1

 

The Company has caused this First Amendment
to the FindWhat.com, Inc. 2004 Stock Incentive Plan to be executed on its
behalf, by its officer duly authorized, this 18th day of December, 2008.

 

 

	
   

  	
  Miva, Inc.

  
	
   

  	
   

  
	
   

  	
  By:

  	
   

  	
  /s/ John B. Pisaris

  
	
   

  	
   

  
	
   

  	
  Its:

  	
   

  	
  General Counsel & Secretary

  
					

 

2

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00151-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00151-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00151-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00151-of-00352.parquet"}]]