Document:

Ninth Amendment to Office Lease

 EXHIBIT 10.1 
 NINTH AMENDMENT TO OFFICE LEASE 
 This Ninth Amendment to Office Lease (this “Ninth
Amendment”) is made and entered into as of December 21, 2007, by and between WA—THREE BELLEVUE CENTER, L.L.C., a Delaware limited liability company (“Landlord”), and INFOSPACE, INC., a Delaware corporation
(“Tenant”). 
 R E C I T A L S : 
 A. Landlord, as successor-in-interest to Three Bellevue Center LLC, a Washington limited liability
company, and Tenant, formerly known as InfoSpace.com, Inc., a Delaware corporation, entered into that certain Office Lease Agreement dated March 10, 2000 (the “Office Lease”), as supplemented by that certain letter dated
October 10, 2000 (the “First Commencement Letter”), as amended by that certain First Lease Amendment dated August 1, 2000 (the “First Amendment”), and that certain Second Lease Amendment dated
August 25, 2000 (the “Second Amendment”), as supplemented by that certain letter dated May 18, 2001 (the “Second Commencement Letter”), and that certain letter dated August 31, 2001 (the
“Third Commencement Letter”), as amended by that certain Third Lease Amendment dated June 4, 2002 (the “Third Amendment”), and that certain Fourth Lease Amendment dated May 16, 2003 (the “Fourth
Amendment”), as supplemented by that certain letter dated June 3, 2003 (the “Fourth Commencement Letter”), as amended by that certain Fifth Lease Amendment dated June 23, 2004 (the “Fifth
Amendment”), as supplemented by that certain letter dated September 1, 2005 (the “Parking Letter”), and as amended by that certain Sixth Amendment dated September 26, 2005 (the “Sixth Amendment”),
that certain Seventh Amendment dated April 10, 2006 (the “Seventh Amendment”), and that certain Eighth Amendment to Office Lease Agreement, dated September 20, 2007 (the “Eighth Amendment”) (the Office
Lease, the First Commencement Letter, the First Amendment, the Second Amendment, the Second Commencement Letter, the Third Commencement Letter, the Third Amendment, the Fourth Amendment, the Fourth Commencement Letter, the Fifth Amendment, the
Parking Letter, the Sixth Amendment, the Seventh Amendment and the Eighth Amendment shall collectively be referred to herein as the “Lease”), pursuant to which Landlord leases to Tenant and Tenant leases from Landlord those certain
premises consisting of approximately 130,826 rentable square feet of space (the “Existing Premises”) located on the seventh (7th) through twelfth (12th) floors of that certain office building located at 601 108th Avenue, N.E., Bellevue, Washington (“Building”) and commonly known as Key Center. 
 B. Pursuant to the terms of the Eighth Amendment, Tenant’s lease of 21,853 rentable square
feet of space on the 7th floor shall terminate as of July 31, 2008. 
 C. The parties desire to amend the Lease on the terms and conditions set forth in this Ninth Amendment. 

 A G R E E M E N T : 
 NOW, THEREFORE, in consideration of the foregoing recitals and the mutual covenants contained herein, and for other good and valuable consideration, the
receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows. 
 1. Defined Terms. Except as
explicitly set forth in this Ninth Amendment, each initially capitalized term when used herein shall have the same respective meaning as is set forth in the Lease. 
 2. Premises. 
 2.1 Give-Back Space. 
 2.1.1 In General. Landlord and Tenant hereby acknowledge and agree
that, effective as of December 20, 2007 (the “Give-Back Date”), notwithstanding anything in the Lease to the contrary, Tenant shall vacate and surrender and deliver exclusive possession of (i) 21,831 rentable square feet
of space located on the 8th floor of the Building, (ii) 21,811 rentable square feet of space located on the 9th floor of the Building, and (iii) 21,794 rentable square feet of space located on the 10th floor of the Building, all as more particularly set forth on Exhibit A, attached hereto (collectively, the “Give-Back Space”), in accordance with the terms of the Lease, as hereby amended, and the Lease, with
respect to the Give-Back Space only, shall terminate and be of no further force or effect. Accordingly, effective as of the date immediately following the Give-Back Date, (a) the Give Back Space shall not be a part of the Premises, and Landlord
and Tenant shall be relieved of their respective obligations under the Lease with respect to the Give-Back Space, except those obligations under the Lease which relate to the term of Tenant’s lease of the Give-Back Space and/or any liability of
Tenant for obligations that relate to such term which specifically survive the expiration of the Lease, including, without limitation, the payment of all Rent due with respect to the Give-Back Space up to and including the Give-Back Date, and
(b) the “Premises” shall consist of 65,390 rentable square feet of space (the “Remaining Premises”), provided that the parties hereby acknowledge and agree that the rentable square footage of the Existing Premises
shall further reduce as of the “7th Floor Contraction Effective Date”, as that term is defined in the Eighth Amendment, subject to and in
accordance with the terms of the Eighth Amendment. Tenant hereby acknowledges and agrees that Tenant shall cause all of Tenant’s furniture and other personal property to be removed from the 7th
 Floor Expansion Space prior to the expiration date applicable to Tenant’s lease of such space. Landlord and Tenant hereby acknowledge and agree that the rentable square footage of the Remaining
Premises shall be as set forth in this Section 2.2.1 and shall not be subject to remeasurement or modification. 
 2.1.2 Representations of Tenant. Tenant represents and warrants to Landlord that with respect to the Give-Back Space
(a) Tenant has not heretofore sublet the Give-Back Space nor assigned all or any portion of its interest in the Lease with respect thereto, (b) no other person, firm or entity has any right, title or interest in the Lease with respect to
the Give-Back Space, and (c) Tenant has the full right, legal power and actual authority to enter into this Ninth Amendment and to terminate the Lease with respect to the Give-Back Space without the 

  

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consent of any person, firm or entity. Tenant further represents and warrants to Landlord that as of the date hereof there are no, and as of the Give-Back
Date, there shall not be any, mechanics’ liens, or other liens encumbering all or any portion of the Give-Back Space, by virtue of any act or omission on the part of Tenant, its predecessors, contractors, agents, employees, successors, assigns
or subtenants. The representations and warranties set forth in this Section 2.1.2 shall survive the termination of the Lease with respect to the Give-Back Space and Tenant shall be liable to Landlord for any inaccuracies or any breach
thereof. 
 2.2 Remaining Premises. Tenant hereby acknowledges and agrees that Tenant shall, following the
Give-Back Date, continue to accept the Remaining Premises in its currently existing, “as is” condition, and Landlord shall not be obligated to provide or pay for any improvement work or services related to the improvement of the Remaining
Premises, provided that the foregoing shall alter or modify any Landlord repair and maintenance and/or compliance with law obligations as and to the extent set forth in the Lease. Tenant also acknowledges that neither Landlord nor any agent of
Landlord has made any representation or warranty regarding the condition of the Remaining Premises or with respect to the suitability of the Remaining Premises for the conduct of Tenant’s business. 
 3. Rent. Prior to the Give-Back Date, Tenant shall pay Base Rent and Tenant’s Pro Rata Share of Expenses and Taxes in accordance with
the terms of the Lease. 
 3.1 Base Rent. Effective as of the date immediately following the Give-Back Date and
continuing through and including the Termination Date (which is February 28, 2013), Tenant shall pay monthly installments of Base Rent for the Remaining Premises in the amounts set forth below in accordance with the terms of the Lease.

  

							
	 Period
	  	Annual Base Rent
Per Rentable
Square Foot	  	 Monthly
 Base Rent

	 January 1, 2008 – February 29, 2008
	  	$	25.00	  	$	136,229.17
	 March 1, 2008 – July 31, 2008
	  	$	21.60	  	$	117,702.00
	 August 1, 2008 – February 28, 2009
	  	$	21.60	  	$	78,366.60
	 March 1, 2009 – February 28, 2010
	  	$	22.25	  	$	80,724.85
	 March 1, 2010 – February 28, 2011
	  	$	22.92	  	$	83,155.67
	 March 1, 2011 – February 29, 2012
	  	$	23.61	  	$	85,659.05
	 March 1, 2012 – February 28, 2013
	  	$	24.32	  	$	88,234.99

 Notwithstanding anything in this Section 3.1 to the contrary, so long as Tenant is not in monetary default
beyond an applicable cure period under the Lease, as amended hereby, Tenant shall be entitled to an abatement of monthly Base Rent (i) in the amount of $117,702.00 per month for 

  

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each month commencing with March, 2008 and continuing through and including July, 2008, and (ii) in the amount of $78,366.60 for the month of August,
2008 (collectively, the “Abated Base Rent”). If Tenant defaults in a monetary obligation under the Lease, as amended hereby, at any time during the Term and fails to cure such default within any applicable cure period, all Abated
Base Rent shall immediately become due and payable by Tenant to Landlord. The payment by Tenant of the Abated Base Rent in the event of a monetary default shall not limit or affect any of Landlord’s other rights pursuant to the Lease, as
amended hereby, or at law or in equity. During the period commending as of March 1, 2008 and continuing through and including August 31, 2008, only Base Rent shall abate (as and to the extent provided for herein) and any other costs and
charges specified in the Lease, as amended hereby, shall remain as due and payable pursuant to the provisions of the Lease, as amended hereby. Landlord and Tenant hereby acknowledge and agree that the foregoing abated Base Rent is in lieu of any
other Base Rent abatement provided in the Lease, specifically including the Base Rent abatement provided for in the last paragraphs of Section 3.02 and 3.03 of the Sixth Amendment. 
 3.2 Expenses and Taxes. Effective as of the date immediately following the Give-Back Date and continuing through and
including the July 31, 2008, Tenant shall pay Tenant’s Pro Rata Share of Expenses and Taxes in accordance with the terms of the Lease; provided, however, that Tenant’s Pro Rata Share shall equal 13.84%. Effective as of August 1,
2008 and continuing through and including the Termination Date, Tenant shall pay Tenant’s Pro Rata Share of Expenses and Taxes in accordance with the terms of the Lease; provided, however, that Tenant’s Pro Rata Share shall equal 9.22%.

 4. Parking. Landlord and Tenant hereby acknowledge and agree that the Spaces that Tenant leases pursuant to the terms of the
Lease shall be reduced based upon the termination of Tenant’s lease of the Give-Back Space in accordance with the terms hereof in accordance with the terms of Section I of Exhibit E to the Office Lease. 
 5. Letter of Credit. Landlord and Tenant hereby acknowledge and agree that, notwithstanding the termination of Tenant’s lease of the
Give-Back Space in accordance with the terms hereof, the “Letter of Credit Amount,” as that term is defined in Section 6 of the Eighth Amendment, shall not be subject to reduction as a result of or in connection therewith.

 6. Motricity Lease; LOCs. 
 6.1 Landlord and Tenant hereby acknowledge and agree that (i) pursuant to the terms of the “Motricity Lease”, as that term is defined, below, “Motricity”, as that term is defined, below, is
obligated to provide or to cause Tenant to provide three letters of credit to Landlord, one in the amount of $1,832,434.90, one in the amount of $366,487.10, and one in the amount of $2,240,092.40 (collectively, the “LOCs”), and
(ii) at Tenant’s request, Landlord has agreed to permit the LOCs to be provided to Landlord on or before January 31, 2008, rather than concurrently herewith as desired by Landlord, upon and subject to the terms of this Section 6.
In consideration of the foregoing and Landlord’s execution of this Ninth Amendment, Tenant shall, concurrently with Tenant’s execution of this Ninth Amendment, deposit cash with Landlord in the amount of $6,658,521.60 (the “Cash
Payment”), which amount represents one hundred fifty percent (150%) of the aggregate amount of the LOCs. For each LOC that Landlord receives on or before January 31, 2008, and within five (5) business days after such receipt,
Landlord shall 

  

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return to Tenant that amount of the Cash Payment which represents one hundred fifty percent (150%) of the LOC so received. In the event that Landlord
does not receive one or more of the LOCs by January 31, 2008, Landlord shall be permitted to retain, for its own account, from the Cash Payment one hundred fifty percent (150%) of the amount associated with the LOC(s) not delivered by such
date (the “Retained Cash”), in which event (i) neither Tenant nor Motricity shall have any further obligation to provide the LOC(s) associated with such Cash Payment drawn and retained by Landlord, and (ii) Tenant shall
have no interest in or right with respect to the Retained Cash and the same shall be the sole and exclusive property of Landlord. In addition, if Landlord does not receive all three LOCs on or before January 31, 2008, Section 6.6 of the
Eighth Amendment (which provides for a reduction in the “Letter of Credit Amount,” as that term is defined in the Eighth Amendment) shall be deleted in its entirety and shall be of no further force and effect (the parties hereby agreeing
that, in such event, the Letter of Credit provided by Tenant under the Eighth Amendment shall not be subject to reduction). Landlord hereby preapproves Bank of America (the “Bank”) as prospective issuer of the LOCs and agrees that
each of the LOCs shall be in a form that is substantially similar to that which is required by the Motricity Lease or in another form acceptable to Landlord in Landlord’s reasonable discretion. For purposes of this Ninth Amendment, the
“Motricity Lease” shall mean that certain Office Lease, dated as of the date hereof, between Landlord, as landlord, and Motricity, Inc., a Delaware corporation (“Motricity”), as tenant, with respect to certain space
in the Building. 
 6.2 Landlord and Tenant further agree and acknowledge that the LOCs are to be drawn upon pursuant to the
terms of the Motricity Lease. Notwithstanding anything contained herein to the contrary, in the event that Landlord shall draw upon any LOC provided by Tenant, Tenant shall be under no obligation to provide Landlord with replacement letter(s) of
credit or otherwise restore the amounts of the same, provided that nothing contained herein shall limit, reduce or alter Motricity’s obligation to restore the LOCs, as and to the extent provided for in the Motricity Lease. 
 6.3 FAILURE TO DELIVER LOCs; LIQUIDATED DAMAGES. IN THE EVENT THAT THE LOCs ARE NOT DELIVERED BEFORE JANUARY 31,
2008, THEN THE PARTIES AGREE THAT IT WOULD BE IMPRACTICABLE AND EXTREMELY DIFFICULT TO ASCERTAIN THE ACTUAL DAMAGES SUFFERED BY LANDLORD AS A RESULT OF THE SAME, TENANT HEREBY ACKNOWLEDGING THAT (I) LANDLORD WILL NOT BE ABLE TO COLLECT
“SECONDARY RENT”, AS THAT TERM IS DEFINED IN THE MOTRICITY LEASE, IN THE MANNER AND PURSUANT TO THE TIMING DESIRED BY LANDLORD AND CONTEMPLATED BY THE MOTRICITY LEASE, (II) LANDLORD WILL NOT HAVE THE LEASE SECURITY UNDER THE MOTRICITY
LEASE BARGAINED FOR BY LANDLORD AND CONTEMPLATED BY THE MOTRICITY LEASE, AND (III) LANDLORD WOULD NOT HAVE AGREED TO THE TERMS OF THIS NINTH AMENDMENT (INCLUDING SPECIFICALLY THE TERMINATION OF TENANT’S LEASE OF THE GIVE-BACK SPACE) BUT FOR
LANDLORD’S EXPECTATION THAT LANDLORD WOULD RECEIVE THE LOCs BY JANUARY 31, 2008. ACCORDINGLY, UNDER THE CIRCUMSTANCES EXISTING AS OF THE DATE OF THIS NINTH AMENDMENT, THE LIQUIDATED DAMAGES (I.E., LANDLORD’S RETENTION OF THE CASH PAYMENT
AS AND TO THE EXTENT PROVIDED FOR IN THIS SECTION 6) REPRESENT A REASONABLE 

  

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ESTIMATE OF THE DAMAGES WHICH LANDLORD WILL INCUR AS A RESULT OF THE FAILURE OF LANDLORD TO TIMELY RECEIVE THE LOCs. FURTHER, THE RETENTION BY LANDLORD OF
THE AMOUNTS PROVIDED FOR HEREIN HAVE BEEN AGREED UPON, AFTER NEGOTIATION, AS A REASONABLE ESTIMATE OF LANDLORD’S DAMAGES. THE PARTIES ACKNOWLEDGE THAT THE PAYMENT OF SUCH LIQUIDATED DAMAGES IS NOT INTENDED AS A FORFEITURE OR PENALTY WITHIN THE
MEANING OF ANY APPLICABLE LAW, BUT IS INTENDED TO CONSTITUTE LIQUIDATED DAMAGES TO LANDLORD. THE PARTIES HAVE SET FORTH THEIR INITIALS BELOW TO INDICATE THEIR AGREEMENT WITH THE LIQUIDATED DAMAGES PROVISION CONTAINED IN THIS SECTION 6 AND
ACKNOWLEDGE THAT EACH PARTY WAS REPRESENTED BY COUNSEL WHO EXPLAINED THE CONSEQUENCES OF THIS LIQUIDATED DAMAGES PROVISION AT THE TIME THIS NINTH AMENDMENT WAS EXECUTED. 
  

			
	JBR	  	AH DB
	LANDLORD’S INITIALS	  	TENANT’S INITIALS

 7. Deletions from Lease. Section II (Renewal) of Exhibit E to
the Office Lease, and Section 9.02 (Right of First Offer) and Section 9.03 (Renewal Option) of the Sixth Amendment are hereby deleted in their entirety and are of no further force or effect. Tenant hereby acknowledges and agrees
that, notwithstanding anything in the Lease to the contrary, as of the date hereof, Tenant shall have no right to extend the Term beyond the current Termination Date (which is February 28, 2013), nor shall Tenant have any right under the Lease
to expand the Premises. 
 8. Broker. Landlord and Tenant hereby warrant to each other that they have had no dealings with any
real estate broker or agent in connection with the negotiation of this Ninth Amendment other than Unico Properties, LLC, representing Landlord, and GVA Kidder Mathews, representing Tenant (the “Broker”) and that they know of no
other real estate broker or agent included in this transaction. Each party agrees to indemnify and defend the other party against and hold the other party harmless from any and all claims, demands, losses, liabilities, lawsuits, judgments, and costs
and expenses (including without limitation reasonable attorneys’ fees) with respect to any leasing commission or equivalent compensation alleged to be owing on account of the indemnifying party’s dealings with any real estate broker or
agent other than the Broker. The terms of this Section 5 shall survive the expiration or earlier termination of the Lease, as hereby amended. 
 9. No Other Modifications. Except as otherwise provided herein, all other terms and provisions of the Lease shall remain in full force and effect, unmodified by this Ninth Amendment. 
 10. Counterparts. This Ninth Amendment may be executed in any number of original counterparts. Any such counterpart, when executed, shall
constitute an original of this Ninth Amendment, and all such counterparts together shall constitute one and the same Ninth Amendment. 
  

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 11. Conflict. In the event of any conflict between the Lease and this Ninth Amendment, this
Ninth Amendment shall prevail. 
 IN WITNESS WHEREOF, the parties have entered into this Ninth Amendment as of the date first set forth
above. 
  

			
	“LANDLORD”:
	
	 WA—THREE BELLEVUE CENTER, L.L.C.,
 a
Delaware limited liability company

		
	By: 	 	/s/ Jeremy B. Fletcher
		 	 Jeremy B. Fletcher,
 Senior Managing
Director

	
	“TENANT”:
	
	INFOSPACE, INC., a Delaware corporation
		
	By: 	 	/s/ Allen Hsieh
		 	Its: CFO
		
	By: 	 	/s/ David Binder
		 	Its: VP Finance

  

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 NOTARY PAGES 
  

					
	STATE OF WASHINGTON	 	)	  	
		 	)  ss.	  	
	COUNTY OF KING	 	)	  	

 I certify that I know or have satisfactory evidence that Allen Hsieh is the person who appeared
before me, and said person acknowledged that (he/she) signed this instrument, on oath stated that (he/she) was authorized to execute the instrument and acknowledged it as the CFO of Infospace, Inc., a Delaware corporation, to be the free and
voluntary act of such party for the uses and purposes mentioned in the instrument. 
  

	
	Dated: Dec. 21, 2007
	
	/s/ Janice M Riggs
	(Signature)
	
	(Seal or stamp)
	
	Title: Notary Public
	
	Notary Public in and for the State of Washington
	
	My appointment expires: 11-2-08

  

					
	STATE OF WASHINGTON	 	)	  	
		 	)  ss.	  	
	COUNTY OF KING	 	)	  	

 I certify that I know or have satisfactory evidence that David Binder is the person who
appeared before me, and said person acknowledged that (he/she) signed this instrument, on oath stated that (he/she) was authorized to execute the instrument and acknowledged it as the VP Finance of Infospace, Inc., a Delaware corporation, to be the
free and voluntary act of such party for the uses and purposes mentioned in the instrument. 
  

	
	Dated: Dec. 21, 2007
	
	/s/ Janice M Riggs
	(Signature)
	
	(Seal or stamp)
	
	Title: Notary Public
	
	Notary Public in and for the State of Washington
	
	My appointment expires: 11-2-08

  

 -8- 

			
	STATE OF CALIFORNIA	  	)
		  	)  ss.
	COUNTY OF LOS ANGELES	  	)

 On December 28, 2007, before me, Brad S. Diamond, a Notary Public, personally appeared Jeremy B.
Fletcher, personally known to me (or proved to me on the basis of satisfactory evidence) to be the person whose name is subscribed to the within instrument and acknowledged to me that he executed the same in his authorized capacity, and that by his
signature on the instrument, the person, or the entity upon behalf of which the person acted, executed the instrument. 
 WITNESS my hand and
official seal. 
  

					
			
	Signature 	 	/s/ Brad S. Diamond	 	(Seal)
		 		 	

  

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 EXHIBIT A 
 KEY CENTER 
 OUTLINE OF GIVE-BACK SPACEEmployment Agreement between InfoSpace, Inc. and David Binder

 EXHIBIT 10.2 
 EMPLOYMENT AGREEMENT 
 This Employment Agreement (the “Agreement”) is made and entered into
effective as of January 1, 2008 (the “Effective Date”), by and between David B. Binder (“Employee”) and InfoSpace, Inc. (the “Company”). 
 In consideration of the mutual covenants herein contained, the employment of Employee by the Company, and other good and valuable consideration the
receipt and sufficiency of which are hereby acknowledged, the parties agree as follows: 
 1. Certain Definitions. 
 (a) “Cause”. For these purposes, “Cause” means (i) any act of criminal or fraudulent misconduct taken by Employee in
connection with Employee’s responsibilities as an employee of the Company which is intended to result in Employee’s personal enrichment, (ii) Employee’s conviction of a felony, (iii) breach of a fiduciary duty owed by
Employee to the Company or its stockholders, or (iv) continued material violations by Employee of Employee’s employment obligations to the Company after Employee has been given adequate written notice of such noncompliance and Employee has
had a minimum of sixty (60) days to cure such noncompliance. 
 (b) “Change of Control”. For purposes of this
Agreement, a “Change of Control” is defined as the occurrence of any of the following: 
 (i) Any “person”
(as such term is used in Sections 13(d) and 14(d) of the Securities Exchange Act of 1934, as amended) is or becomes the “beneficial owner” (as defined in Rule 13d-3 under said Act), directly or indirectly, of securities of the Company
representing 50% or more of the total voting power represented by the Company’s then outstanding voting securities; 
 (ii) Any merger or consolidation of the Company with any other corporation that has been approved by the stockholders of the Company, other than a merger or consolidation which would result in the voting securities of the Company
outstanding immediately prior thereto continuing to represent (either by remaining outstanding or by being converted into voting securities of the surviving entity) more than fifty percent (50%) of the total voting power represented by the
voting securities of the Company or such surviving entity outstanding immediately after such merger or consolidation, or the stockholders of the Company approve a plan of complete liquidation of the Company; 
 (iii) Any sale or disposition by the Company, in one transaction or a series of related transactions, of all or substantially all the
Company’s assets; or 
 (iv) A change in the composition of the Company’s Board of Directors (the “Board”)
occurring within a two-year period, as a result of which fewer than a majority of the directors are Incumbent Directors. An “Incumbent Director” is defined as a director who either (A) is a director of the Company as of the Effective
Date, or (B) is elected, or nominated for election, to the Board with the affirmative votes of at least a majority of the Incumbent Directors at the time of such election or nomination. For purposes of the preceding, individuals who are elected
pursuant to clause (B) also shall be considered Incumbent Directors. 
 (c) “Disability”. For purposes of this
Agreement, “Disability” is defined as Employee’s inability to perform his employment duties to the Company hereunder for 180 days (in the aggregate) in any one-year period as determined by an independent physician selected by the
Company. 

 (d) “Good Reason”. For purposes of this Agreement, “Good Reason” is defined as
the occurrence of any of the following without Employee’s express prior written consent: (i) a significant change of or to Employee’s duties, position, responsibilities, title or reporting relationship (other than pursuant to a
promotion); (ii) a substantial reduction, unless such reduction is nondiscriminatory as to Employee, of the facilities and perquisites available to Employee; (iii) a reduction by the Company of Employee’s base salary or a reduction or
other material change to Employee’s incentive bonus inconsistent with the provisions of Section 5(b) below; (iv) a material reduction by the Company in the kind or level of employee benefits to which Employee is entitled; (v) the
relocation of Employee to a facility or a business location more than twenty-five (25) miles from the location of the Company’s headquarters as of the Effective Date; (vi) any purported termination of Employee other than for Cause;
(vii) a material breach of this Agreement by the Company; or (viii) a change in the composition of the Board occurring within a two-year period, as a result of which fewer than a majority of the directors are Incumbent Directors.

 (e) “Release”. For purposes of this Agreement, “Release” is defined as a release of claims in a form
substantially equivalent to that traditionally used by the Company in the ordinary course in connection with separating employees; provided, however, that notwithstanding the foregoing, such Release is not intended to and will not waive
Employee’s rights: (i) to indemnification pursuant to any applicable provision of the Company’s Bylaws or Certificate of Incorporation, as amended, pursuant to any written indemnification agreement between Employee and the Company, or
pursuant to applicable law; (ii) to vested benefits or payments specifically to be provided to Employee under this Agreement or any Company employee benefit plans or policies; (iii) respecting any claims which Employee may have solely by
virtue of Employee’s status as a shareholder of the Company; or (iv) respecting any claims by Employee for defamation, libel or slander. 
 2.
Duties and Scope of Employment. The Company shall employ Employee in the position of Chief Financial Officer and Treasurer. Employee will render such business and professional services in the performance of Employee’s duties,
consistent with Employee’s position within the Company, as shall reasonably be assigned to Employee at any time and from time to time by the Company’s Chief Executive Officer or the Board of Directors. 
 3. Obligations. While employed hereunder, Employee will perform his/her duties faithfully and to the best of Employee’s ability. Employee agrees not to
actively engage in any other employment, occupation or consulting activity for any direct or indirect remuneration without the prior approval of the Chief Executive Officer; provided, however, that notwithstanding anything to the contrary in
the Company’s standard form of Employee Non-Disclosure, Invention Release and Non-Competition Agreement attached hereto as Exhibit A, Employee may engage in non-competitive business or charitable activities so long as such activities do
not materially interfere with Employee’s responsibilities to the Company. 
 4. At-Will Employment. Subject to the terms and conditions
hereof including without limitation Sections 6 and 7, the Company and the Employee acknowledge that the Employee’s employment is and shall continue to be terminable at-will, either party able to terminate the employment relationship with or
without Cause. 
 5. Compensation and Benefits. 
 (a) Base Compensation. The Company shall pay Employee as compensation for Employee’s services hereunder an annual base salary of $210,000. Such salary shall be subject to applicable tax withholding
and shall be paid periodically in accordance with normal Company payroll practices. The base salary shall be subject to annual review by the CEO and the Compensation Committee of the Board but in no event shall be less than $210,000.

  

 2 

 (b) Incentive Bonus. In addition to the base salary, Employee may receive a performance bonus
during each year of employment with the Company under this Agreement equal to an amount to be determined by the CEO and the Compensation Committee of the Board. The amount of such annual performance bonus shall not be less than 50% of
Employee’s then current base salary for the applicable fiscal year. Such performance bonus, if any, shall be based upon performance objectives to be mutually determined by the CEO and Employee. 
 (c) Benefits. Employee shall be eligible to participate in the employee benefit plans which are available or which become available to other
employees of the Company, with the adoption or maintenance of such plans to be in the discretion of the Company, subject in each case to the generally applicable terms and conditions of the plan or program in question and to the determination of any
committee administering such plan or program. Such benefits shall include participation in the Company’s group medical, life, disability, and retirement plans, and any supplemental plans available to senior executives of the Company from time
to time. The Company reserves the right to change or terminate its employee benefit plans and programs at any time. 
 (d) Expenses.
The Company will reimburse Employee for reasonable business expenses incurred by Employee in the furtherance of or in connection with the performance of Employee’s duties hereunder, in accordance with the Company’s expense reimbursement
policy as in effect from time to time. 
 (e) Stock Options; Restricted Stock Units 
 (i) Employee will be granted a non-qualified stock option (“the Option”) to purchase 150,000 shares of the Company’s
common stock at an exercise price equal to the per share equivalent of the fair market value of the Company’s common stock on the date of grant as determined by the closing price of the Company’s common stock on NASDAQ NMS on the date of
grant, or, if there is no such reported price on the date of grant, the closing price on the trading day on NASDAQ NMS first preceding the date of grant. The date of grant shall be set by the Compensation Committee of the Board of Directors. Subject
to the accelerated vesting provisions set forth herein, the Option shall vest as to thirty-three (33%) of the shares subject thereto on January 2, 2009 and shall vest ratably in six (6) month increments (16.7% each six-month
period) thereafter over the two (2) year period commencing on January 2, 2009, subject to Employee’s continued full-time employment by the Company on the relevant vesting dates. The Option shall be subject to the terms and
conditions of the Company’s Restated 1996 Stock Incentive Plan (the “1996 Plan”) and the stock option agreement between Employee and the Company; provided, however, that notwithstanding the foregoing, in the event of a conflict
between the terms and conditions of the Effective Date Option and this Agreement, the terms and conditions of this Agreement shall prevail. 
 (ii) On January 2, 2008, Employee will be granted 50,000 restricted stock units (the “RSU Grant”). The RSU Grant shall be subject to the terms and conditions of the Notice of Grant of
Restricted Stock Units, Restricted Stock Unit Agreement and the 1996 Plan. Subject to the foregoing, the RSU Grant shall vest as to thirty-three (33%) of the shares subject thereto on January 2, 2009 and shall vest ratably in six
(6) month increments (16.7% each six-month period) thereafter over the two (2) year period commencing on January 2, 2009, subject to Employee’s continued full-time employment by the Company on the relevant vesting dates.

  

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 6. Termination of Employment. 
 (a) Termination by Company for Cause; Voluntary Termination. In the event Employee’s employment with the Company is terminated for Cause by the Company or voluntarily by Employee (other than for Good
Reason) (i) the Company shall pay Employee any unpaid base salary due for periods prior to the date of termination of employment (“Termination Date”); (ii) the Company shall pay Employee all of Employee’s accrued and unused
“paid time off” (“PTO”), if any, through the Termination Date; and (iii) following submission of proper expense reports by Employee, the Company shall reimburse Employee for all expenses reasonably and necessarily incurred
by Employee in connection with the business of the Company through the Termination Date. These payments shall be made promptly upon termination and within the period of time mandated by applicable law. Employee shall retain all stock options that
are vested as of the Termination Date and such stock options may be exercised in accordance with the provisions of the applicable stock option plan(s) and the respective stock option agreement(s). 
 (b) Termination by Company without Cause. The Company may terminate Employee’s employment without Cause upon thirty (30) days written
notice to Employee. If Employee’s employment with the Company is terminated by the Company without Cause, and Employee signs and does not revoke a Release, then Employee shall be entitled to the following: 
 (i) a one-time “lump sum” payment of severance pay (less applicable withholding taxes) in an amount equal to Employee’s
annual base salary, as then in effect, to be paid in accordance with the Company’s normal payroll policies no later than the Company’s first regular payroll date following the Termination Date; 
 (ii) a one-time “lump sum” payment of severance pay (less applicable withholding taxes) in an amount equal to 100% of
Employee’s annual bonus rate, as then in effect, to be paid in accordance with the Company’s normal payroll policies no later than the Company’s first regular payroll date following the Termination Date; 
 (iii) the same level of health (i.e., medical, vision and dental) coverage and benefits as in effect for the Employee on the day
immediately preceding the Termination Date; provided, however, that (A) the Employee constitutes a qualified beneficiary, as defined in Section 4980B(g)(1) of the Internal Revenue Code of 1986, as amended; and (B) Employee
elects continuation coverage pursuant to the Consolidated Omnibus Budget Reconciliation Act of 1985, as amended (“COBRA”), within the time period prescribed pursuant to COBRA. The Company shall continue to provide Employee with
Company-paid health coverage until the earlier of (y) the date Employee is no longer eligible to receive continuation coverage pursuant to COBRA, or (z) twelve (12) months from the Termination Date; 
 (iv) Fifty percent (50%) of the Employee’s then unvested stock options shall immediately vest and become exercisable and
Employee shall have twelve (12) months following the Termination Date to exercise such vested shares and fifty percent (50%) of the Employee’s then unvested restricted stock units (RSUs) shall immediately vest; provided,
however, that in the event of a conflict between the terms and conditions of any such stock option agreement or Notice of Grant of Restricted Stock Units and Restricted Stock Unit Agreement, as the case may be, and this Agreement, the terms and
conditions of this Agreement shall prevail unless the conflicting provision(s) in any such stock option agreement or Notice of Grant of Restricted Stock Units and Restricted Stock Unit Agreement, as the case may be, shall be more favorable to
Employee in which case the provision(s) more favorable to Employee shall govern; provided further, however, that notwithstanding the foregoing in no event shall the extended twelve (12) month exercise period specified in this
Section 6(b)(iv) modify or extend the Expiration Date of any stock option as set forth in such stock option agreement. 
 (c)
Termination by Employee for Good Reason. If Employee terminates employment with the Company for Good Reason within 90 days of a Good Reason event, or within twelve (12) months if the Good Reason event is a Change of Control, and Employee
signs and does not revoke a Release, then Employee shall be entitled to the same benefits as set forth in Sections 6(b)(i) through 6(b)(iv) above. 
  

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 (d) Death. In the event of Employee’s death while employed hereunder, Employee’s
beneficiary (or such other person(s) specified by will or the laws of descent and distribution) will receive (i) continuing payments of severance pay (less applicable withholding taxes) at a rate equal to Employee’s base salary for a
period of ninety (90) days from Employee’s death, to be paid periodically in accordance with the Company’s normal payroll policies, (ii) Company-paid COBRA benefits as specified in Section 6(b)(iii) above for ninety
(90) days from Employee’s death, and (iii) have the right to exercise Employee’s stock options which are vested as of the date of Employee’s death for one (1) year following Employee’s death. 
 (e) Disability. In the event of Employee’s termination of employment with the Company due to Disability, Employee shall be entitled to
continuing payments of base salary (less applicable withholding taxes) until Employee is eligible for long-term disability payments under the Company’s group disability policy; provided, however, that in no event shall such period of
continued base salary exceed 180 days following termination. 
 7. Change of Control Benefits. If Employee (i) is terminated other than for Cause
by the Company within ninety (90) days prior to a Change of Control or as a result of or in connection with a Change of Control or (ii) is terminated other than for Cause by the Company (or its successor corporation) or resigns for Good
Reason within twelve (12) months following a Change of Control, and provided that Employee signs and does not revoke a Release, then Employee shall be entitled to the same benefits as set forth in Sections 6(b)(i) through 6(b)(iv) above.

 Notwithstanding the foregoing, in the event that the benefits provided for in this Section 7 (i) constitute “parachute payments”
within the meaning of Section 280G of the Code, and (ii) would be subject to the excise tax imposed by Section 4999 of the Code (the “Excise Tax”), then Employee’s benefits otherwise payable under this Section 7
shall be reduced by the minimum extent necessary such that no portion of such benefits would be subject to the Excise Tax. Unless the Company and Employee otherwise agree in writing, any determination required under this Section 7 shall be made
in writing by the Company’s independent public accountants (the “Accountants”), whose determination shall be conclusive and binding upon Employee and the Company for all purposes. For purposes of making the calculations required by
this Section 7, the Accountants may make reasonable assumptions and approximations concerning applicable taxes and may rely on reasonable, good faith interpretations concerning the application of Section 280G and 4999 of the Code. The
Company and Employee shall furnish to the Accountants such information and documents as the Accountants may reasonably request in order to make a determination under this Section 7. The Company shall bear all costs the Accountants may
reasonably incur in connection with any calculations contemplated by this Section 7. 
 8. No Impediment to Agreement. Employee hereby represents
to the Company that Employee is not, as of the date hereof, and will not be during Employee’s employment with the Company, employed under contract, oral or written, by any other person, firm or entity, and is not and will not be bound by the
provisions of any restrictive covenant or confidentiality agreement which would constitute an impediment to, or restriction upon, Employee’s ability to enter this Agreement and to perform the duties of Employee’s employment. 
 9. Confidentiality, Non-Competition and Non-Solicitation. Employee agrees, as a condition to Employee’s employment with the Company, to execute the
Company’s standard form of Employee Non-Disclosure, Invention Release and Non-Competition Agreement attached hereto as Exhibit A. 
 10.
Arbitration. Employee agrees, as a condition to Employee’s employment with the Company, to execute the Company’s standard form Arbitration Agreement, as amended, attached hereto as Exhibit B. 
 11. Successors; Personal Services. The services and duties to be performed by the Employee hereunder are personal and may not be assigned or delegated. This
Agreement shall be binding upon and inure to the benefit of the Company and its successors and assigns, and the Employee and Employee’s heirs and representatives. 
  

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 12. Notices. Notices and all other communications contemplated by this Agreement shall be in writing and shall be
deemed to have been duly given when personally delivered or when mailed by U.S. registered or certified mail, return receipt requested and postage prepaid. In the case of the Employee, mailed notices shall be addressed to Employee at the home
address, which Employee most recently communicated to the Company in writing, with a copy to Employee’s counsel as designated by Employee whose address is provided below. In the case of the Company, mailed notices shall be addressed to its
corporate headquarters, and all notices shall be directed to the attention of its General Counsel. 
 13. Miscellaneous Provisions. 
 (a) Waiver. No provision of this Agreement shall be modified, waived or discharged unless the modification, waiver or discharge is agreed to in
writing and signed by the Employee and by an authorized officer of the Company (other than the Employee). No waiver by either party of any breach of, or of compliance with, any condition or provision of this Agreement by the other party shall be
considered a waiver of any other condition or provision or of the same condition or provision at another time. 
 (b) Entire
Agreement. This Agreement (including exhibits) shall supersede and replace all prior agreements or understandings relating to the subject matter hereof, and no agreements, representations or understandings (whether oral or written or whether
express or implied) which are not expressly set forth in this Agreement have been made or entered into by either party with respect to the relevant matter hereof. 
 (c) Choice of Law. The validity, interpretation, construction and performance of this Agreement shall be governed by the internal substantive laws of the State of Washington without reference to any choice of
law rules. 
 (d) Severability. The invalidity or unenforceability of any provision or provisions of this Agreement shall not affect
the validity or enforceability of any other provision hereof, which shall remain in full force and effect. 
 (e) No Assignment of
Benefits. The rights of any person to payments or benefits under this Agreement shall not be made subject to option or assignment, either by voluntary or involuntary assignment or by operation of law, in respect of bankruptcy, garnishment,
attachment or other creditor’s process, and any action in violation of this subsection shall be void. 
 (f) No Duty to Mitigate.
Employee shall not be required to mitigate the amount of any payment contemplated by this Agreement, nor shall any such payment be reduced by any earnings that Employee may receive from any other source. 
 (g) Employment Taxes. All payments made pursuant to this Agreement will be subject to withholding of all applicable income, health insurance and
employment taxes. 
 (h) Assignment by Company. The Company may assign its rights under this Agreement to an affiliate (as defined
under the Securities Exchange Act of 1934), and an affiliate may assign its rights under this Agreement to another affiliate of the Company or to the Company. In the case of any such assignment, the term “Company” when used in a section of
this Agreement shall mean the corporation that actually employs the Employee. 
 (i) Counterparts. This Agreement may be executed in
counterparts, each of which shall be deemed an original, but all of which together will constitute one and the same instrument. 
  

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 IN WITNESS WHEREOF, each of the parties has executed this Agreement, in the case of the Company by its duly authorized
officer, as of the day and year first above written. 
  

									
	COMPANY:	 		 	INFOSPACE, INC.
					
		 		 		 	By: 	 	/s/ James F. Voelker
		 		 		 		 	 James F. Voelker
 President and Chief Executive
Officer

				
	EMPLOYEE:	 		 		 	/s/ David B. Binder
		 		 		 	David B. Binder

  

 7

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