Document:

Filed by Bowne Pure Compliance

EXHIBIT 10.1

LICENSE AND SERVICES AGREEMENT

This License and Services Agreement is entered into as of December 22, 2008 (the “Effective Date”),
by and between TrafficLand, Inc., with offices located at 11208 Waples Mill Drive, Suite 109,
Fairfax, VA 22030 (“TrafficLand”) and Metro Networks Communications, Inc., with offices located at
40 West 57th Street, 5th Floor, New York, NY 10019 (“Network”) (each, a
"Party” and together, the “Parties”).

Recitals

A. Concurrent with the execution of this License and Services Agreement, TrafficLand, WWO (as
defined below), TLAC, Inc., a Delaware corporation and wholly owned subsidiary of WWO (“Merger
Sub”), P. Richard Zitelman, in his capacity as Stockholder Representative (the “Stockholder
Representative”), and certain other parties named therein, have executed and delivered that certain
Option Agreement, dated as of the date hereof (the “Option Agreement”), pursuant to which WWO, at
its sole election, and provided that WWO satisfies the conditions precedent to
exercise of the option set forth therein (the “Option”), has a right to cause the release from
escrow of an agreement and plan of merger (the “Merger Agreement”), providing for (a) the merger of
Merger Sub with and into TrafficLand (the “Merger”), with TrafficLand continuing as the surviving
company of the Merger and as a wholly owned subsidiary of WWO, and (b) the payment of cash and the
delivery of securities to stockholders of TrafficLand in consideration of the Merger;

B. As a material inducement for TrafficLand and the Stockholder Representative to enter into the
Option Agreement and grant to WWO the Option, Parent has caused Network to enter into this License
and Services Agreement and has caused Network to agree to the terms and conditions hereof,
including, without limitation, the payment to TrafficLand of certain fees described herein.

In consideration of the mutual promises and covenants contained herein, and other good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged, TrafficLand and
Network, intending to be legally bound, agree as follows:

1.0 DEFINITIONS

1.1 Definitions. As used herein, the following terms shall have the meanings set forth
below:

“2010 Threshold Amount” means that (a) the TrafficLand Revenue Share earned by TrafficLand during
the 2010 Contract Year is no less than $1,000,000 or (b) Network has entered into Customer
Agreements which according to the terms of such agreements (barring cancellation, termination or
other event beyond Network’s control) will provide no less than $2,500,000 in TrafficLand Revenue
Share during the 2010 Contract Year or later contract years.

“Active MSA” means those MSAs listed in Exhibit A, Item 1 and any Future MSA in which
Licensed Content becomes available during the Term.

“Advertising Inventory” has the meaning ascribed to it in Section 4.1.

 

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“Affiliated Entities” means the affiliated, parent and subsidiary companies of Network but which do
not include Network Affiliates.

“Agreement” means this License and Services Agreement and all Exhibits hereto (which are
incorporated herein and made a part hereof), and all amendments to any of the foregoing.

“Aggregate Licensed Amount” has the meaning ascribed to it in Section 5.3(e).

“Broadcast 3.0” means an enhancement of the Licensed Content which is created by TrafficLand and
that enables users to trace or “fly-over” user-specified driving routes through a combination of
3-D graphics and live traffic camera shots (and which shall include any other graphics package
developed by TrafficLand as a replacement or substitute for the proposed “fly-over” product).

“Broadcast 3.0 Fee” has the meaning ascribed to it in Section 5.3(b).

“Broadcast Customer” means any Exclusive Entity which enters into an agreement with Network, WWO or
any of its affiliated entities to receive the Broadcast Product and/or the VDS.

“Broadcast Product” means the Licensed Content, including all local, regional and national content,
formatted, compressed, modified and adapted for use on broadcast, cable and satellite television.

“Broadcast Product Fee” has the meaning ascribed to it in Section 5.3(a).

“Contract Year” means a twelve (12) month consecutive period of time beginning on the Effective
Date and each anniversary thereof occurring during the Term.

“Customer Agreement” has the meaning ascribed to it in Section 2.5.

“Customization” has the meaning ascribed to it in Section 3.1(b).

“Disclosing Party” has the meaning ascribed to it in Section 6.1(a).

“Documentation” means (a) the specifications and description of the Products provided in this
Agreement and all Exhibits thereto and (b) any additional written documentation related to the
Products and any Update that TrafficLand provides to Network, including all technical
documentation, user manuals and demonstration materials.

“DOT” means a Department of Transportation (or similar regulatory body, department or agency) of
any government, state, province or other political subdivision thereof, of the United State of
America, any foreign government, any state of the United States of America, or any municipality or
other political subdivision thereof.

“DOT Services” has the meaning ascribed to it in Section 3.1(f).

“Exclusive Entities” means any terrestrial, satellite or digital radio station, any broadcast,
cable or satellite television station and any newspaper.

“Exclusive Period” means for each and every period of time during the Term of this Agreement in
which Network has paid for the privilege of exclusive rights as described more fully in Section
2.3(d).

 

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“Fee” has the meaning ascribed to it in Section 5.1.

“First February 20 Payment” has the meaning ascribed to it in Section 2.3(d)(iii).

“First January 31 Payment” has the meaning ascribed to it in Section 2.3(d)(ii).

“First June 30 Payment” has the meaning ascribed to it in Section 2.3(d)(v).

“Future MSA” means those MSAs listed in Exhibit D, Item 1.

“Gross Advertising Revenue” means all money and other revenue actually collected by Network during
each Contract Year from the sales of Advertising Inventory.

“Indemnified Party” has the meaning ascribed to it in Section 7.6.

“Indemnifying Party” has the meaning ascribed to it in Section 7.6.

“Intellectual Property Rights” means all intellectual property and other similar proprietary
rights, in any jurisdiction, whether owned or held for use under license, including such rights in
and to: (a) trade secrets, know-how and other confidential or non-public business information; (b)
original works of authorship, whether copyrightable or not; copyrights and any moral rights
relating thereto; (c) trademarks, service marks, trade dress and other indications of origin; (d)
patent rights, inventors’ certificates and invention disclosures; and (e) computer systems,
including programs, software, object and source code, databases, algorithms, and documentation
therefore in each case including all copyrights therefore.

“Initial Payment” has the meaning ascribed to it in Section 2.1.

“Initial Period” means the period beginning upon the Effective Date and ending on December 31,
2009.

“Licensed Content” means the content provided by TrafficLand to Network, as further described in
Exhibit A, including all text, data, images, materials, video feeds and other content, and
any Updates thereto, which shall be at least equivalent in quality and geographic scope as the
content available at www.trafficland.com.

“Merger Agreement” has the meaning ascribed to it in the Recitals.

“MSA” means a metropolitan statistical area as determined by the census bureau and as specifically
set forth in Exhibit H.

“Nationwide Customer” has the meaning ascribed to it in Exhibit C, Part II.

“Net Advertising Revenue” means the Gross Advertising Revenue less all actual costs incurred by
Network in connection with selling the Advertising Inventory, including third party agency
commissions, if any (not to exceed 15%).

“Network Affiliate” means any of the entities listed on Exhibit K and any additional entity which
enters into an agreement with Network for any Product during the Exclusive Period.

“Network Cameras” has the meaning ascribed to it in Section 3.1(d)(i).

 

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“Network Camera Content” has the meaning ascribed to it in Section 3.1(d)(i).

“Network Contacts” has the meaning ascribed to it in Section 2.3(e).

“Network Product” means Network’s products and services, including Network’s “Real Traffic”
products, traffic anchor services and traffic graphics packages, all as may be offered by Network
from time to time but which for purposes of this definition shall not include Products.

“New Application” has the meaning ascribed to it in Section 3.2.

“New Offering” has the meaning ascribed to it in Section 2.3(g)(ii).

“Non-Cash Amounts” has the meaning ascribed to it in Section 5.3(f)(iii).

“Notice” has the meaning ascribed to it in Section 9.2.

“Out-of-Territory Content” has the meaning ascribed to it in Section 2.3(g)(i).

“Party” or “party” means either one of the parties hereto and “Parties” or “parties” means both of
the parties hereto.

“Prepayment” has the meaning ascribed to it in Section 5.2.

“Products” means, collectively, the Broadcast Product, the Web Product and the VDS and all Updates
thereto.

“Project Manager” has the meaning ascribed to it in Section 9.3.

“Rate Card” means the rates as set forth opposite each applicable Product in the chart provided in
Exhibit I.

“Receiving Party” has the meaning ascribed to it in Section 6.1(a).

“Refresh Rate” means the interval in which the Licensed Content will be refreshed/made current.

“Rights” has the meaning ascribed to it in Section 2.3(d)(i).

“Second February 20 Payment” has the meaning ascribed to it in Section 2.3(d)(iv).

“Second February 20 Payment — Discounted Basis” has the meaning ascribed to it in Section
2.3(d)(iv).

“Second February 20 Payment — Non-Discounted Basis” has the meaning ascribed to it in Section
2.3(d)(iv).

“Second January 31 Payment” has the meaning ascribed to it in Section 2.3(d)(iv).

“Second January 31 Payment — Discounted Basis” has the meaning ascribed to it in Section
2.3(d)(iv).

 

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“Second January 31 Payment — Interim Non-Discounted Basis” has the meaning ascribed to it in
Section 2.3(d)(iv).

“Second January 31 Payment — Final Non-Discounted Basis” has the meaning ascribed to it in
Section 2.3(d)(iv).

“Second June 30 Payment” has the meaning ascribed to it in Section 2.3(d)(v).

“Second June 30 Payment — Non-Discounted Basis” has the meaning ascribed to it in Section
2.3(d)(v).

“Second June 30 Payment — Discounted Basis” has the meaning ascribed to it in Section
2.3(d)(v).

“Statement of Work” has the meaning ascribed to it in Section 3.1(b).

“Term” has the meaning ascribed to it in Section 8.1.

“Territory” means the United States and Canada and all of their respective territories.

“Testing Period” has the meaning ascribed to it in Section 3.1(c).

“Third Party” means a person or entity other than a Party or its affiliates.

“TrafficLand Existing Agreements” means those agreements entered into between TrafficLand and a
customer prior to the Effective Date with respect to the Licensed Content and/or the VDS and set
forth on Exhibit C, Part I which exhibit states the name of the parties thereto, the date
of the agreement and the expiration date.

“TrafficLand Existing Customer” means a Third Party which is a party to a TrafficLand Existing
Agreement.

“TrafficLand Marks” means the trademarks, service marks and logos specified in Exhibit B.

“TrafficLand Patents” has the meaning ascribed to it in Section 3.4.

“TrafficLand Services” has the meaning ascribed to it in Section 3.1.

“TrafficLand Revenue Share” has the meaning ascribed to it in Section 5.3(e).

“TrafficLand Terms and Conditions” are as set forth in Exhibit L attached hereto.

“Update” means updates, refreshes, corrections and other modifications to the Licensed Content and
those updates set forth in Exhibit D.

“VDS” means those services described in Section 3.1(e) and Exhibit E.

“VDS Fee” has the meaning ascribed to it in Section 5.3(d).

“Web Customer” means any Exclusive Entity which enters into an agreement with Network (or its
affiliates) to receive the Web Product.

 

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“Web Product Fee” has the meaning ascribed to it in Section 5.2(c).

“Web Product” means the Licensed Content, including all local, regional and national content,
formatted, compressed, modified and adapted for use on any digital media platform or player,
whether now existing or hereafter developed, including handheld mobile devices and GSM or
CDMA-enabled devices.

“WWO” means Westwood One, Inc., parent company of Network.

2.0 LICENSE

2.1 License. Upon complete execution hereof by the parties and payment by Network to
TrafficLand of Seven Hundred and Fifty Thousand Dollars ($750,000) (“Initial Payment”) TrafficLand
hereby grants to Network (and its Affiliated Entities) and Network hereby accepts, on behalf of
itself and its Affiliated Entities, a royalty-free, non-exclusive (subject to Section
2.3(d)) right and license in the Territory during the Term (as certain rights may be extended
pursuant to Section 8.7) to (a) use, copy, distribute, create derivative works based on,
publicly perform (including by digital transmission), display, host, reformat, compile and modify
the Licensed Content and the Products solely for Network’s own use and in connection with the
marketing, distributing, licensing, exhibiting and exploiting the Licensed Content and the Products
to Broadcast Customers and Web Customers as described in Sections 2.3 (a), 2.3(b) and
2.3(c), and (b) use the TrafficLand Marks in connection with the promotion and distribution of
the same. This License includes the right to market and distribute the Licensed Content and
Products as otherwise provided for herein, and to bundle the Licensed Content and Products into
Network Products, provided, however, that in no event will Network modify the Licensed Content
other than to include in a Product in the format delivered by TrafficLand to show either J-PEG or
streaming images of traffic (or any upgrades thereto) and all attendant images thereto.

2.2 License Limitations. Where Network displays any of the Licensed Content and Products,
Network must comply with the TrafficLand Terms and Conditions.

2.3 Rights Granted; Exclusivity.

(a) Broadcast Product. The rights granted to Network (and its Affiliated Entities)
herein include the exclusive right (which right shall remain exclusive subject to satisfaction of
the conditions set forth in Section 2.3(d), below) to market, promote, offer for sale,
sell, distribute and sublicense the Broadcast Product, either alone or in combination with any
Network Product, to Exclusive Entities. To the extent the term of any Customer Agreement extends
beyond the expiration or earlier termination of this Agreement, the rights granted under this
Section 2.3(a) with respect to such Customer Agreement shall continue until the date of
expiration or earlier termination of such Customer Agreement in accordance with Section
8.7.

(b) Web Product. The rights granted to Network (and its Affiliated Entities) herein
include the exclusive right (which right shall remain exclusive subject to satisfaction of the
conditions set forth in Section 2.3(d), below) to market, promote, offer for sale, sell,
distribute and sublicense the Web Product either alone or in combination with any Network Product,
to Exclusive Entities. To the extent the term of any Customer Agreement extends beyond the
expiration or earlier termination of this Agreement, the rights granted under this Section
2.3(b) with respect to such Customer Agreement shall extend until the date of expiration or
earlier termination of such Customer Agreement in accordance with Section 8.7.

 

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(c) VDS. The rights granted to Network (and its Affiliated Entities) herein include
the exclusive right (which right shall remain exclusive subject to satisfaction of the conditions
set forth in Section 2.3(d), below) to market, promote, offer for sale, sell, distribute
and sublicense VDS, either alone or in combination with any Network Product, to Broadcast Customers
and Web Customers. To the extent the term of any Customer Agreement extends beyond the expiration
or earlier termination of this Agreement, the rights granted under this Section 2.3(c) with
respect to such Customer Agreement shall extend until the date of expiration or earlier termination
of such Customer Agreement in accordance with Section 8.7.

(d) Exclusivity; Payments Due.

(i) Initial Payment. Upon payment of the Initial Payment, the rights granted to
Network set forth in Sections 2.3(a), 2.3(b) and 2.3(c) (collectively, the
"Rights”) shall be exclusive for the period from the date hereof through and including January 31,
2009 and the exclusivity of the Rights granted hereunder shall terminate automatically without
notice on February 1, 2009 and shall not be extended except pursuant to Section 2.3(d)(ii).

(ii) First January 31 Payment. If the Initial Payment is timely made, Network shall
have the sole and exclusive right to purchase an extension of the Exclusive Period by paying to
TrafficLand an additional $750,000 on or before January 31, 2009 (the “First January 31 Payment”).
Provided that the First January 31 Payment is made, the Rights shall be exclusive for the period
from February 1, 2009 through and including February 20, 2009 and the exclusivity of the Rights
granted hereunder shall terminate automatically without notice on February 21, 2009 and shall not
be extended except pursuant to Section 2.3(d)(iii). For the avoidance of doubt, in the
event that Network fails to purchase an extension of the Exclusive Period under this Section
2.3(d)(ii) by paying the First January 31 Payment on or before January 31, 2009, (I) the
exclusivity of the Rights granted hereunder shall terminate automatically without notice on
February 1, 2009 and shall not be extended, (II) this Agreement shall remain in full force and
effect, but the Rights granted to Network hereunder shall remain non-exclusive for the remainder of
the Term, and (III) Sections 2.3(d)(iii), 2.3(d)(iv) and 2.3(d)(v) shall be
disregarded.

(iii) First February 20 Payment. If the Initial Payment and First January 31
Payment are timely made, Network shall have the sole and exclusive right to purchase an extension
of the Exclusive Period by paying to TrafficLand an additional $750,000 on or before February 20,
2009 (the “First February 20 Payment”). Provided that the First February 20 Payment is made, the
Rights shall be exclusive for the period from February 21, 2009 through and including April 30,
2009 and the exclusivity of the Rights granted hereunder shall terminate automatically without
notice on May 1, 2009 and shall not be extended except pursuant to Section 2.3(d)(iv). For
the avoidance of doubt, in the event that Network fails to purchase an extension of the Exclusive
Period under this Section 2.3(d)(iii) by paying the First February 20 Payment on or before
February 20, 2009, (I) the exclusivity of the Rights granted hereunder shall terminate
automatically without notice on February 21, 2009 and shall not be extended, (II) this Agreement
shall remain in full force and effect, but the Rights granted to Network hereunder shall remain
non-exclusive for the remainder of the Term, and (III) Sections 2.3(d)(iv) and
2.3(d)(v) shall be disregarded.

 

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(iv) Second January 31 Payment and Second February 20 Payment. If the Initial
Payment, First January 31 Payment and First February 20 Payment are timely made, Network shall have
the sole and exclusive right to purchase an extension of the Exclusive Period by paying to
TrafficLand (A) either (I) an additional sum of $750,000 on or before January 31, 2009 (the “Second
January 31 Payment — Discounted Basis”, (II) an additional sum of
$755,000 on or before February 20, 2009 (the “Second January 31 Payment — Interim
Non-Discounted Basis”) or (III) an additional sum of $780,000 on or before April 30, 2009 (the
"Second January 31 Payment — Final Non-Discounted Basis” and, together with the Second January 31
Payment —Discounted Basis and the Second January 31 Payment — Interim Non-Discounted Basis, the
"Second January 31 Payment”) and (B) either (IV) an additional sum of $750,000 on or before
February 20, 2009 (the “Second February 20 Payment — Discounted Basis”) or (V) an additional sum of
$767,500 on or before April 30, 2009 (the “Second February 20 Payment — Non-Discounted Basis” and,
together with the Second February 20 Payment — Discounted Basis, the “Second February 20
Payment”). Provided that the Second January 31 Payment and the Second February 20 Payment are
made, the Rights shall be exclusive for the period from May 1, 2009 through and including December
31, 2010 and the exclusivity of the Rights granted hereunder shall terminate automatically without
notice on January 1, 2011 and shall not be extended except pursuant to Section 2.3(d)(v).
For the avoidance of doubt, in the event that either (C) Network fails to purchase an extension of
the Exclusive Period under this Section 2.3(d)(iv) by paying the Second January 31 Payment
- Discounted Basis on or before January 31, 2009, fails to purchase an extension of the Exclusive
Period under this Section 2.3(d)(iv) by paying the Second January 31 Payment — Interim
Non-Discounted Basis on or before February 20, 2009, and fails to purchase an extension of the
Exclusive Period under this Section 2.3(d)(iv) by paying the Second January 31 Payment —
Final Non-Discounted Basis on or before April 30, 2009, or (D) Network fails to purchase an
extension of the Exclusive Period under this Section 2.3(d)(iv) by paying the Second
February 20 Payment — Discounted Basis on or before February 20, 2009 and fails to purchase an
extension of the Exclusive Period under this Section 2.3(d)(iv) by paying the Second
February 20 Payment — Non-Discounted Basis on or before April 30, 2009, then (X) the exclusivity
of the Rights granted hereunder shall terminate automatically without notice on May 1, 2009 and
shall not be extended, (Y) this Agreement shall remain in full force and effect, but the Rights
granted to Network hereunder shall remain non-exclusive for the remainder of the Term, and (Z)
Section 2.3(d)(v) shall be disregarded.

(v) First June 30 Payment and Second June 30 Payment. If the Initial Payment, First
January 31 Payment, Second January 31 Payment, First February 20 Payment and Second February 20
Payment are timely made, Network shall have the sole and exclusive right to purchase an extension
of the Exclusive Period by paying to TrafficLand (A) an additional sum of $1,375,000 (the “First
June 30 Payment”) on or before June 30, 2009 and (B) either (I) an additional sum of
$1,375,500 on or before June 30, 2009 (the “Second June 30 Payment — Discounted Basis”) or (II) an
additional sum of $1,403,000 (the “Second June 30 Payment — Non-Discounted Basis” and, together
with the Second June 30 Payment —Discounted Basis, the “Second June 30 Payment”) on or before
August 31, 2009. Provided that the First June 30 Payment and the Second June 30 Payment are made,
the Rights shall be exclusive for the period from January 1, 2011 through and including December
31, 2011 and the exclusivity of the Rights granted hereunder shall terminate automatically without
notice on January 1, 2012 and shall not be extended except pursuant to Section 2.3(d)(vi).
For the avoidance of doubt, in the event that either (C) Network fails to purchase an extension of
the Exclusive Period under this Section 2.3(d)(v) by paying the First June 30 Payment on
or before June 30, 2009 or (D) Network fails to purchase an extension of the Exclusive Period under
this Section 2.3(d)(v) by paying the Second June 30 Payment — Discounted Basis on or
before June 30, 2009 and fails to purchase an extension of the Exclusive Period under this
Section 2.3(d)(v) by paying the Second June 30 Payment — Non-Discounted Basis on or before
August 31, 2009, then (X) the exclusivity of the Rights granted hereunder shall terminate
automatically without notice on December 31, 2010 and (Y) this Agreement shall remain in full force
and effect, but the Rights granted to Network hereunder shall remain non-exclusive for the
remainder of the Term.

 

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(vi) Further Exclusivity Arrangements. Notwithstanding any provision herein to the
contrary, with respect to the exclusivity provisions provided herein, the following shall apply:

(I) In the event that (A) WWO exercises the Option, (B) the Merger Agreement is entered into,
(C) the Merger Agreement is terminated pursuant to Section 10.1(a)(vi) of the Merger
Agreement and (D) Network has paid all of the amounts due under Sections 2.3(d)(i) — (v)
prior to such termination, then (x) the Exclusive Period automatically shall extend until December
31, 2012, and (y) the Term automatically shall extend until December 31, 2012; and

(II) Subject to Section 2.4(b), in the event that Network has paid all amounts due
under Sections 2.3(d)(i) — (v) and (A) the Exclusive Period extends until December 31,
2011 (as otherwise provided herein), then Network agrees that notwithstanding anything to the
contrary, if Network shall fail to meet the 2010 Threshold Amount on or before December 31, 2010
then the Exclusive Period granted hereunder shall terminate automatically without notice on
December 31, 2010, or (B) the Term of the exclusivity extends until December 31, 2012 (as provided
in Section 2.3(d)(vi)(I)), then Network agrees that notwithstanding anything to the
contrary, if Network shall fail to meet the 2010 Threshold Amount on or before December 31, 2010
then the exclusivity of the Rights granted hereunder shall terminate automatically without notice
on December 31, 2011. Notwithstanding the foregoing, in the event that the failure of Network to
meet the 2010 Threshold Amount as provided above is due to TrafficLand’s failure to meet the
requirements set forth in the fourth sentence of Section 2.4(b), then the provisions of
this Section 2.3(d)(vi)(II) shall no longer apply and the exclusivity shall continue until
December 31, 2011 or December 31, 2012, as the case may be and as provided elsewhere herein.

(e) Non-Exclusivity. If the Exclusive Period terminates at any time pursuant to the
terms of this Agreement, then, for the remainder of the Term, Network’s Rights shall be
non-exclusive. Notwithstanding the foregoing, upon the expiration of the Exclusive Period granted
hereunder, TrafficLand agrees (i) that until the expiration of the Term, neither TrafficLand, its
affiliates or any Third Party on behalf of TrafficLand or its affiliates will enter into any
agreement for Licensed Content with any Network Affiliate (except in the event that a Network
Affiliate is also a TrafficLand Existing Customer, in which event Section 2.3(f) below
shall apply), and (ii) that with respect to entities that are not Network Affiliates, but which
Network contacted directly either in person or by telephone at any time during the Exclusive Period
in connection with licensing of the Products (referred to as “Network Contacts”) and about which
Network has provided TrafficLand the information required by Section 4.3(d), Network shall
have the exclusive right for a period of one (1) year after the expiration of the Exclusive Period
hereunder to enter into an agreement for the Licensed Content with all such Network Contacts. For
the avoidance of doubt, the Parties recognize and agree that TrafficLand will continue to provide
products and services which may be similar to the Licensed Content pursuant to the terms of the
TrafficLand Existing Agreements and nothing herein shall prevent TrafficLand from doing the same
provided, however, that at any time during which Network’s Rights hereunder are exclusive,
TrafficLand will not amend, alter, renew, extend or otherwise modify any TrafficLand Existing
Agreement, except as otherwise specifically provided for in Section 2.3(f) below. When the
Exclusive Period terminates, TrafficLand may conduct business in any manner not specifically
prohibited by this Section 2.3(e).

(f) TrafficLand Existing Customers. Notwithstanding Network’s exclusive rights as set
forth in Section 2.3(d) above, with respect to TrafficLand Existing Customers:

 

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(i) TrafficLand shall continue to be permitted to service all such customers for the duration
of the Term. Any renewal, amendment, extension or other modification of any existing agreement
(which includes any “automatic renewal or extension” contemplated therein) (I) shall only be
entered into if there is no material change to the grant of rights or territory (i.e. MSA) that is
applicable to such customer as of the Effective Date and (II) shall not be inconsistent in any
manner with the rights provided to Network herein. Additionally, prior to re-signing, renewing,
amending, extending or otherwise modifying any TrafficLand Existing Agreement with a TrafficLand
Existing Customer, TrafficLand agrees to meet with Network and discuss whether such customer is a
candidate to license Network Products, it being understood that except for conducting such meeting
there shall be no obligation for any TrafficLand Existing Customer to actually license from Network
any of the Network Products; and

(ii) With respect to the Nationwide Customer (and any of its affiliated entities), in
addition to the restrictions set forth in Section 2.3(f)(i) above, TrafficLand agrees: (I)
within thirty (30) days after the Effective Date (or some other time as the Parties shall mutually
agree) to meet with Network and develop a comprehensive approach to providing both Licensed Content
and Network Product to the Nationwide Customer during the Term; and (II) that during the Exclusive
Period, any proposed revision, amendment, extension, replacement or modification of the agreement
between TrafficLand and the Nationwide Customer will be subject to the mutual approval of the
parties hereto; provided, however, that this Section 2.3(f)(ii) shall not prevent
TrafficLand from amending, revising or modifying its current agreement with the Nationwide Customer
so long as any changes to the existing agreement are not material changes in the grant of rights,
length of term, compensation or any other material provision and are not otherwise inconsistent
with the exclusive rights granted to Network hereunder.

(iii) If TrafficLand renews, amends, extends, or otherwise modifies any existing agreement
with a TrafficLand Existing Customer, it shall advise Network of such change, including any
applicable pricing change on or before the fifteenth (15th) day of each calendar
quarter. If any such renewed, amended, extended, or otherwise modified agreement with a
TrafficLand Existing Customer provides for prices that are less than the amounts set forth in the
Rate Card, and if Network so requests, TrafficLand shall in good faith consider (I) lowering the
amounts set forth in the Rate Card; and/or (II) permitting Network in certain instances to charge
amounts that are less than the amounts set forth in the Rate Card.

(g) Right of First Refusal. In the event that TrafficLand (i) collects content from
locations outside the Territory (“Out-of-Territory Content”) or (ii) creates, develops or licenses
from a Third Party any new product, technology or service (which shall, subject to Section
3.1(c), include Broadcast 3.0) (each a “New Offering”), and wishes to license any of the same
to any Exclusive Entities whether in the Territory or out of the Territory, TrafficLand shall
promptly provide Network with written notice of the same. If, within thirty (30) days of such
notice, Network provides written notice to TrafficLand of Network’s interest in licensing and
distributing such Out-of-Territory Content or New Offering, TrafficLand shall then negotiate in
good faith exclusively with Network to reach a mutually agreeable arrangement with respect to the
distribution of such Out-of-Territory Content or New Offering for a period of (i) fifteen (15) days
in the case of Out-of-Territory Content and (ii) ninety (90) days in the case of a New Offering.
If the Parties cannot reach an agreement within such period, TrafficLand may enter into an
agreement with any other party for distribution of the Out-of-Territory Content or New Offering,
provided that such agreement is completed upon terms more favorable to TrafficLand
than the terms last proposed by Network during the exclusive negotiating period for distribution of
such Out-of-Territory Content or New Offering; otherwise, TrafficLand shall re-offer to Network the
ability to close an agreement with Network on such prior terms. Notwithstanding the
foregoing, in no event shall TrafficLand license (or allow any other Third Party to license) any
New Offering to any Exclusive Entities within the Territory prior to the expiration of the
Exclusive Period, provided however that TrafficLand may license a New Offering to any TrafficLand
Existing Customer provided it licenses the New Offering at the same rate as otherwise agreed to
with Network, or if Network and TrafficLand have not agreed upon a rate, at the last rate offered
by TrafficLand to Network.

 

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2.4 Access, Delivery; Updates.

(a) Access, Delivery. For each Active MSA, TrafficLand will make the Products
available for download as Network directs by HTTPS, HTTP, or some other mutually agreeable
protocol. Without limiting the foregoing, any such electronic format will enable Network to access
and/or download, as applicable, the Products on a basis no less favorable than TrafficLand provides
to any other Third Party (absent any technical obstacle which may exist from time-to-time that
would prevent TrafficLand from fulfilling this obligation). At all times during the Term, for each
Active MSA TrafficLand will make the Products available to Network pursuant to the following time
periods: (A) Broadcast Product shall be delivered to Network (and/or its Broadcast Partners) no
later than fifteen (15) days after the successful installation of required additional telco circuit
(it being understood that a telco circuit typically takes 30-45 calendar days to install); (B) Web
Product shall be delivered to Network (and/or its affiliates or Web Customers) no later than five
(5) business days after the request therefore; and (C) VDS shall be delivered to Network (and/or
its affiliates or Broadcast Customers) no later than five (5) business days after the request
therefor. In the event that the Products include URLs, any such URL provided by TrafficLand will
link directly to a page on TrafficLand’s website that contains, and is directly relevant to, the
Product. Network will protect the Products from unauthorized use in the same manner that Network
protects its own content and services.

(b) Updates. Subject to the terms of this Agreement, TrafficLand will provide the
Updates to the Licensed Content outlined in Exhibit D on or near the dates described therein and
shall make available to Network all Updates made available to TrafficLand’s other licensees.
TrafficLand may also, from time-to-time, deliver additional Updates provided that
no such Update removes or reduces functionality or otherwise adversely impacts the performance or
functionality of the Products. The providing of Updates during the Term will be done on a
continuing basis by TrafficLand using commercially reasonable good faith efforts and in a manner
that is consistent with TrafficLand’s past practices. Specifically, with respect to Future MSAs,
TrafficLand agrees that during the Contract Years ending 2009 and 2010, respectively, TrafficLand
will enter into agreements with DOTs which will cover no less than 46 MSAs in 2009 (of which no
fewer than 29 will include a coverage area in the top 50 MSAs) and 71 MSAs in 2010 (of which no
fewer than 45 will include a coverage area in the top 50 MSAs). In the event that TrafficLand
fails to meet the requirements in any given Contract Year as provided in the forgoing sentence,
then Network is relieved of its obligation to meet the 2010 Threshold Amount as otherwise provided
in Section 2.3(d)(vi)(II). In making and scheduling Updates, TrafficLand shall
meaningfully consult with Network and consider any feedback provided by Network. Network shall
have the opportunity to test and accept Updates in accordance with Section 3.2.

 

Page 11 

 

2.5 Customer Agreements. Network agrees to cause all Broadcast Customers and Web Customers
that use the Products pursuant to the terms and conditions of this Agreement to enter into an
agreement with Network (each a “Customer Agreement”) that requires each such customer to (a)
adhere to the restrictions for the use of such Product as set forth herein, (b) to
follow the TrafficLand Terms and Conditions and (c) to include in a customary notice provision
anywhere a Product is made available digitally that capturing, screen scraping and other
unauthorized use of such Product is prohibited. Each Customer Agreement shall be entered into
between Network and such applicable customer, and the terms and conditions of all such agreements
shall be based upon Network’s customary agreements which it enters into with its own customers from
time to time. Network and its customers may hyperlink the “TrafficLand.com” logo attribution to
TrafficLand’s live video stream on TrafficLand’s website for that particular video feed. Network
agrees not to enter into Customer Agreements for Licensed Content or Products with a term of
greater than three (3) years without the express written consent of TrafficLand, and such Customer
Agreements may not be renewed for more than two (2) additional years without the express written
consent of TrafficLand, all as otherwise provided in Section 8.7(a).

2.6 TrafficLand’s Reservation of Rights. Subject to the license granted hereunder with
respect to the Rights, as between the Parties, TrafficLand retains any right, title and interest in
and to the Licensed Content in accordance with and subject to applicable law.

2.7 Network’s Reservation of Rights. Notwithstanding anything to the contrary, TrafficLand
acknowledges and agrees that it will not have any right, title or interest in any information,
content, or data, including all Network Products, used by Network or its affiliates, in conjunction
with or in association with the Products, including the non-TrafficLand aspects of Network Products
that may include the Products. Network, its affiliates and/or its licensors retain all right,
title and interest in and to the Network Products provided that it is understood
that TrafficLand shall have no right to any Network Product even if Licensed Content is included
therein (but which shall have no bearing on TrafficLand’s continued ownership of Licensed Content).
Additionally, TrafficLand understands and agrees that nothing in this Agreement will prevent or
restrict Network from using content Network obtains from a source other than TrafficLand under this
Agreement.

3.0 TRAFFICLAND SERVICES

3.1 Services. In addition to the rights granted to Network above, in exchange for the
Initial Payment, and other good and valuable consideration received hereunder, TrafficLand shall
provide to Network the services described in this Section 3.1 and in the Exhibits
referenced in this Section 3.1 (the “TrafficLand Services”). The TrafficLand Services
shall include the following:

(a) Referrals. During the Exclusive Period, TrafficLand shall promptly notify Network
of all leads, requests for information, requests for licenses and similar information known to or
received by TrafficLand from any Exclusive Entities (including Network Affiliates) seeking any of
the Products, except for TrafficLand Existing Customers (which are otherwise covered by Section
2.3(f)).

(b) Customizations. From time-to-time during the Term, Network may request that
TrafficLand develop for Network a modification or enhancement of the Products to provide certain
functionality or compatibility with a Network Product as desired by Network (each, a
"Customization”). The specifications and terms of development for such Customization will be set
forth in a Statement of Work in the form of Exhibit F (the “Statement of Work”) which shall
be executed by both Parties and shall reference this Agreement and be made a part hereof. Each
Statement of Work shall be negotiated by Network and TrafficLand and shall set forth any additional
terms and conditions under which TrafficLand will provide the Customization to
Network, including a set

 

Page 12 

 

of measurable functional and performance specifications and/or
service levels for the purpose of permitting testing and acceptance of such Customization, the
timeframe for the completion of such Customization, the estimated cost, and, as applicable, the
rate at which such Customization will be provided to customers and any share of revenue between the
Parties generated from the distribution of such Customization. Unless otherwise agreed by the
Network in writing, Network shall have the perpetual exclusive right to offer for sale, sell and
distribute all Customizations. For avoidance of doubt it is understood that a Statement of Work
may only be effective at such time that both parties have executed the same.

(c) Future Developments. TrafficLand shall use commercially reasonable efforts to
complete development of Broadcast 3.0 on or before June 30 2009. During such development period,
Network shall be included in development discussions (including being provided with a copy of all
deliverables and specifications of Broadcast 3.0 as they are being developed) so that Network can
provide meaningful input in the development and progress of the same in order that the finished
product meets Network’s reasonable expectations. For avoidance of doubt it is the parties’ intent
that Broadcast 3.0 be a “best in class” traffic graphics television product. Upon the release of
Broadcast 3.0, Network shall have the exclusive right to access, use and test, pursuant to
Section 3.2, Broadcast 3.0 for a period of ninety (90) days (“Testing Period”) during which
time Network will work with TrafficLand to confirm that Broadcast 3.0 is ready to deliver to
Broadcast Customers, TrafficLand agreeing to work with Network in good faith to correct any
deficiencies in Broadcast 3.0 of which TrafficLand has been notified by Network. To the extent
that Network wishes to change Broadcast 3.0 in a manner which in TrafficLand’s good faith judgment
would represent a material, unbudgeted change to the specifications from which Broadcast 3.0 was
created, then such change shall be deemed a Customization and the parties hereto shall follow the
procedures set forth in Section 3.1(b), provided that there shall be no
obligation for Network to agree to pay for such Customization nor an obligation for TrafficLand to
accept terms of any Customization. At the conclusion of such Testing Period, provided
that Network and TrafficLand have agreed upon the licensing fees associated with Broadcast
3.0, then Network shall have the exclusive right to market, promote, offer for sale, sell,
distribute and sublicense Broadcast 3.0 for Broadcast Clients and Web Clients for the duration of
the Term, or if Broadcast 3.0 is delivered at any time during 2011, then for a period of one (1)
year from the completion of the Testing Period, provided, however, that notwithstanding the
foregoing, TrafficLand shall be permitted to license Broadcast 3.0 to TrafficLand Existing
Customers (and to any Third Party for use that is not competitive to the Broadcast Product or the
Web Product) at any time after the completion of the Testing Period. In the event that the parties
are unable to reach an agreement for the terms of the licensing of Broadcast 3.0, then
notwithstanding the foregoing, in no event shall Broadcast 3.0 be licensed by TrafficLand to any
Exclusive Entity for a period of one (1) year after the Testing Period (except that TrafficLand
will continue to be permitted to license Broadcast 3.0 to TrafficLand Existing Customers as
otherwise permitted above (provided further that all such licenses are completed at the TrafficLand
“asking price” as last presented to Network). If Network is interested in licensing and
distributing Broadcast 3.0, Network shall provide written notice of the same to TrafficLand no
later than the date of the expiration of the Testing Period. Upon receipt of such notice,
Broadcast 3.0 shall be deemed part of the Broadcast Product and, except as provided under
Section 5.2(b), rights equivalent to those rights granted hereunder with respect to the
Broadcast Product shall thereby, with no further action needed by either Party, be granted with
respect to Broadcast 3.0. In the event that Network fails to provide such notice before the
expiration of the Testing Period, then TrafficLand will request Network to confirm whether it
intends to license Broadcast 3.0 before TrafficLand begins to offer it itself or to others.
TrafficLand will consult with Network regarding the schedule of markets in which Broadcast 3.0
shall be made available and the timing of availability of Broadcast 3.0 in such markets.

 

Page 13 

 

(d) Network Cameras.

(i) TrafficLand will undertake a review of the geographical coverage of each of Network’s
proprietary cameras (“Network Cameras”) to determine the feasibility of digitizing the Network
Cameras and which of the Network Cameras may provide coverage that is redundant of the Licensed
Content. After this work is complete, TrafficLand will oversee all efforts to digitize all of the
Network Cameras so that each Network Camera is capable of being displayed digitally (i.e. all
images, data and feeds from the Network Cameras that Network selects (the resulting content being
referred to as the “Network Camera Content”) shall be capable of being displayed); such that the
Network Camera Content is (A) subject to Section 3.1(d)(ii), capable of being incorporated
into the Licensed Content, (B) made available to Network in the manner described in Sections
2.1 and 2.3, and (C) of the quality, and accessible to the same degree, as the Licensed
Content. The responsibilities of each party for the digitization of Network Cameras (including
responsibility for the costs associated therewith) shall be as set forth in Exhibit M attached
hereto.

(ii) With respect to the Network Camera Content the following will apply: (A) Network shall
in its sole discretion decide which of the Network Camera Content may be included as Licensed
Content (understanding that certain Network Camera Content may be subject to existing contractual
obligations which preclude it from including the same) and (B) with respect to so-called “Glamour
Cameras” (i.e. existing cameras which feature shots from unique/advantageous perspectives which are
desirable for television broadcast) the parties shall negotiate any special pricing considerations
in good faith prior to inclusion of any such cameras as Licensed Content, the decision to include
at all times remaining with Network.

(e) Video Distribution Services. During the Term, TrafficLand will provide to Network
HTML code and other services sufficient to facilitate Network’s inclusion of TrafficLand’s
so-called “Video Distribution Services” (“VDS”), as the same may be Updated from time to time,
within all of Network’s operations centers, subject to the following:

(i) Network will be provided with a blanket license which will allow for the use of the VDS
in various Network operations centers (as designated by Network from time to time) for up to as
many concurrent users as it desires, provided however, that at all times such license shall be for
a minimum of fifty (50) concurrent users;

(ii) A “concurrent user” means that for each VDS provided, such VDS shall be operated at a
designated work station within a Network operations center, provided that each such
work station may be used and viewed by more than one person within that same operations center;

(iii) For each VDS delivered hereunder, TrafficLand agrees to provide access to an
unlimited use of all available video from each applicable MSA(s) serviced by each particular
operations center in which each VDS is located and as Network shall designate from time to time;
the MSA(s) served by each such operation center shall be designated by Network;

(iv) The license fee due with respect to the VDS as provided under this Section
3.1(e) shall be as otherwise set forth in the Rate Card for an amount equal to $5,000 per month
(for the minimum of fifty (50) concurrent users). In the event that Network requests that more
than fifty (50) concurrent users be provided for at any time during the Term, then TrafficLand
agrees to add all such concurrent users, provided that not less than ten (10)
concurrent users may
be added at any one time by Network and the fee for such additional concurrent users shall be equal
to $1,000 per each ten (10) concurrent users; and

 

Page 14 

 

(v) All amounts payable to TrafficLand pursuant to this Section 3.1(e) shall be
applicable against the Prepayment.

(f) DOT Services. Each of TrafficLand and Network currently provide various services
to various DOTs, including 511 services, consulting services and technical and infrastructure
upgrades (“DOT Services”), as applicable to each Party. The Parties hereby mutually agree,
promptly following the Effective Date, to meet and determine in good faith whether there is any
collaborative effort that the Parties would make collectively with respect to the further providing
and expanding of DOT Services by either of them, although there shall be no obligation on the
parties to come to such an agreement. In addition, the parties generally agree to cooperate in
good faith during the Term with respect to all communications with any of the applicable DOTs which
either of the Parties works with from time to time.

3.2 Testing and Acceptance of the Products. In addition to TrafficLand’s undertakings in
connection with any New Offering, TrafficLand shall during the Term provide notice to Network when
any New Offering, Product, Upgrade or Customization (which, subject to Section 3.1(c),
shall include Broadcast 3.0) (each, a “New Application”) is complete and ready for testing by
Network. Such Notice shall list all known defects contained in the New Application as of the date
of such Notice. Network shall then promptly test the New Application to confirm that it performs
in accordance with any applicable Documentation in all material respects. If Network determines
that such New Application is not acceptable, Network shall provide written notice of the same to
TrafficLand detailing the problem and TrafficLand and Network will work together in good faith to
promptly remedy the problem.

3.3 Level of Service. At all times during the Term, TrafficLand will provide (at its own
cost and expense) support for the Licensed Content, Products and the TrafficLand Services in
accordance with the Service Level Agreement set forth in Exhibit G. In connection with
both the Service Level Agreement and the TrafficLand Terms and Conditions, the parties hereto agree
that no later than sixty (60) days after the execution hereof, that the parties will meet and
review each document to collectively agree in good faith as to any modifications which may be
necessary to either or both of such documents in order to comply with any requirements as set forth
in applicable DOT Agreement and other customary terms for the industry. In the event that the
parties are unable to reach an agreement as to any such amendment then the terms of each document
shall remain in full force and effect.

3.4 Patent Control. TrafficLand represents that it controls the preparation, prosecution
and maintenance of any TrafficLand patent application or patent filed, pending or issued during the
Term (“TrafficLand Patents”), provided that at all times during the Term,
TrafficLand will immediately notify Network of any correspondence regarding the TrafficLand Patents
from the US Patent and Trademark Office or other domestic or foreign government entity and
TrafficLand will meaningfully consult with Network regarding all matters related to or in
connection with the prosecution and maintenance of the TrafficLand Patents, including with respect
to what foreign jurisdictions patent applications will be filed.

 

Page 15 

 

4.0 NETWORK OBLIGATIONS

4.1 Advertising Sales. TrafficLand hereby appoints Network at all times during the
Exclusive Period as one of its non-exclusive sales agents, subject to TrafficLand’s existing
advertising
representation agreements as set forth in Exhibit C, with respect to the sale, use and
disposition of all advertising inventory controlled by TrafficLand resulting from any TrafficLand
application on the Internet, world wide web and/or any other digital mobile application (including
banner advertisements, roll-over advertisements, :5, :10, :15, :30 and :60 second commercial
inventory, pre-roll sponsorships, title/program sponsorships, “mentions"/“billboards” and any new
form of advertising created or used at any time during the Term) owned, controlled, or otherwise
inuring to the benefit of TrafficLand during the Term (“Advertising Inventory”). Network hereby
accepts such appointment. If Network notifies TrafficLand that it has hired dedicated digital
salespersons, TrafficLand will give good faith consideration to commencing an advertising
relationship with Network upon the expiration of TrafficLand’s contracts with existing ad sales
representatives. Notwithstanding the foregoing, in no event will TrafficLand modify, extend or
amend either of their existing agreements (as provided in this Section 4.1) or enter into
new agreements covering the same, without providing Network with the first opportunity to expand
its then existing advertising sales capabilities to TrafficLand.

4.2 Marketing Materials. All promotional and marketing materials developed and distributed
by Network in furtherance of Network’s obligations under Section 4.1 are subject to
TrafficLand’s prior approval, which shall not be unreasonably withheld or delayed.

4.3 Customer Contacts. During the Term, Network agrees to keep TrafficLand informed
concerning all third parties that Network contacts with respect to the licensing of Licensed
Content. No later than thirty (30) days after the end of each calendar quarter WON agrees to send
to TrafficLand a list of all such contacts providing both the name of the potential customer, the
person contacted and the mode of communication.

5.0 FEE/PREPAYMENT/REVENUE SHARE/COSTS/ACCOUNTING

5.1 Fees. In addition to the Initial Payment, Network shall pay to TrafficLand certain
fees in accordance with Section 2.3(d) of this Agreement (any such amounts paid under said
Section 2.3(d), plus the Initial Payment paid by Network to TrafficLand on the date hereof,
are collectively referred to herein as the “Fee”).

5.2 Prepayment. An amount equal to forty percent (40%) of the aggregate of all payments
making up the Fee shall be deemed a prepayment against the TrafficLand Revenue Share (the
"Prepayment”) and shall be fully recoupable by Network by withholding amounts otherwise payable to
TrafficLand pursuant to Sections 5.3(a), 5.3(b), 5.3(c) and 5.3(d).
Notwithstanding the foregoing, and for the sake of clarity, it is agreed that (i) if Network fails
to make additional payments beyond the Initial Payment then the provisions of this Section
5.2 shall not be applicable to the Initial Payment and (ii) provided that at
least one (1) additional payment as set forth in Section 2.3(d) is made by Network then the
aggregate of the Initial Payment and all subsequent payments shall be applicable in making the
calculation of the Prepayment as provided for above.

5.3 Licensing Revenue Share. In addition to the amounts payable to TrafficLand pursuant to
Section 5.1 above, TrafficLand shall be entitled to receive as additional consideration
those amounts which are computed as provided in Sections 5.3(a), 5.3(b), 5.3(c)
and 5.3(d) below (i.e. the TrafficLand Revenue Share), but which TrafficLand Revenue Share
shall be applied to the Prepayment, on a continuing basis until such time as the Prepayment is
fully recouped, except as provided for in Section 5.3(e).

 

Page 16 

 

(a) Broadcast Product. Network agrees to use commercially reasonable
efforts to distribute the Broadcast Product at the rates for each MSA as set forth in the Rate Card
(“Broadcast Product Fee”).

(b) Broadcast 3.0. At such time that Broadcast 3.0 is available for
distribution, the Parties shall mutually agree in good faith as to the fee that will be charged to
any Exclusive Entities for the use of Broadcast 3.0 (“Broadcast 3.0 Fee”), and such amount shall
thereafter be deemed the rate as set forth in the Rate Card. The parties agree that any such fee
shall be determined by taking into account the then current pricing of similar type graphic
services being provided by Third Parties and/or Network and financial health of the television
industry as a whole.

(c) Web Product. Network agrees to use commercially reasonable efforts
to distribute the Web Product at the rate for each MSA as set forth in the Rate Card (“Web Product
Fee”). Network may, from time to time, provide a discount for those Web Customers providing a
significant volume of traffic (the determination of what is significant shall be made in good faith
by the Network taking into account the average amount of traffic generated by Web Customers) but
any such discount shall remain subject to TrafficLand’s approval, not to be unreasonably withheld.

(d) VDS. Network, at its sole discretion, may license the VDS to
Broadcast Customers and Web Customers and, in the event that it does so, it shall license the same
at a price for each MSA as set forth in the Rate Card (“VDS Fee ”).

(e) TrafficLand Revenue Share. TrafficLand Revenue Share (as defined
herein) shall be computed as follows:

(i) At the end of each quarter during the Term, Network will make a computation based upon all
Customer Agreements then in effect and will include in such computation the aggregate amounts as
set forth in the Rate Card as are applicable for each of the Broadcast Customers and Web Customers,
all in compliance with Sections 5.3(a) — (d) (the “Aggregate Licensed Amount”).

(ii) From the Aggregate Licensed Amount (and after deduction of any amounts as per
Section 5.8), TrafficLand shall have earned and Network shall pay to TrafficLand an amount
equal to fifty percent (50%) (“TrafficLand Revenue Share”) of the Aggregate Licensed Amount with
the fifty percent (50%) balance of the Aggregate Licensed Amount being retained by Network for its
own account.

(iii) From the TrafficLand Revenue Share, the following additional payments shall be made:
(A) for all amounts earned on or before the expiration of the Initial Period (I) Network shall be
entitled to apply (and keep for its own account) an amount equal to seventy five percent (75%) of
the TrafficLand Revenue Share, which amount shall be applied towards recoupment of the Prepayment;
and (II) the remaining twenty five percent (25%) of the TrafficLand Revenue Share shall be paid to
TrafficLand; and (B) for amounts earned after the expiration of the Initial Period (I) Network
shall be entitled to apply (and keep for its own account) an amount equal to fifty percent (50%) of
the TrafficLand Revenue Share, which amount shall be applied towards recoupment of the Prepayment;
and (II) the remaining fifty percent (50%) of the TrafficLand Revenue Share shall be paid to
TrafficLand. At such time, if ever, that the Prepayment has been reduced to zero, all amounts as
otherwise provided in Section 5.3(e) shall thereafter be paid to TrafficLand. For purposes
of this Section 5.3(e), “amounts
earned” shall mean as earned pursuant to the applicable agreement therefor as opposed to when
such amounts are actually received.

 

Page 17 

 

(iv) For the avoidance of doubt, it is understood that the Aggregate Licensed Amount shall
not include revenue recognized by Network in exchange for Network Products, including any Network
Products sold in combination with a Product. To the extent that Licensed Content is licensed in
connection with Network Products, it may be done so at the sole discretion of Network provided that
the applicable amount as set forth in the Rate Card for the corresponding MSA and corresponding
Licensed Content is included in the computation of the Aggregate Licensed Amount. Additionally, it
is understood that from time to time Network may, at its sole and absolute discretion, accept
barter advertising (“Non-Cash Amounts”) in exchange for Licensed Content from any Broadcast
Customer or Web Customer, provided, however, that in connection with all such
arrangements, Network agrees to allocate for purposes of determining the Aggregate Licensed Amount
hereunder an amount equal to the applicable amount for such Licensed Content as otherwise provided
in the Rate Card for the corresponding MSA.

(f) Additional Agreements.

(i) MSA. The MSA applicable to the market for each Broadcast Customer and Web
Customer for purposes of this Section 5.3 shall be determined as otherwise provided for in
Exhibit H.

(ii) Rate Card Rate. Except as otherwise provided for above, it is agreed that
Network may not enter into a Customer Agreement at a rate that is less than the amount otherwise
set forth in the Rate Card for such applicable Product and applicable MSA, unless it shall have
first received written consent from TrafficLand to do the same.

5.4 Advertising Revenue Share. Network shall pay to TrafficLand fifty percent (50%) of the
Net Advertising Revenue actually collected by Network hereunder during each Contract Year. For the
avoidance of doubt, it is understood that any amounts paid pursuant to this Section 5.4
shall be specifically excluded from the Prepayment reimbursement, and will be paid directly to
TrafficLand as provided in Section 5.6.

5.5 Costs. Unless otherwise expressly stated herein, each Party shall bear one-hundred
percent (100%) of its costs of performance hereunder.

5.6 Payment Terms. The following payment terms shall apply to amounts due hereunder as
follows:

(a) All amounts payable under Section 2.3 shall be paid on the dates indicated in such
Section.

(b) All amounts earned and payable under Section 5.3(e) shall be paid no later than
thirty (30) days following the end of each applicable quarter (ending March 30, June 30, September
30 and December 31).

(c) All amounts payable under Section 5.4 shall be paid within thirty (30) days
following the end of each month during which any Net Advertising Revenue was actually received by
Network.

 

Page 18 

 

5.7 Accounting. Together with each payment paid to TrafficLand under Section 5.3
and Section 5.4, Network shall provide to TrafficLand Network’s customary accounting
statement detailing the calculation of such payment. Upon reasonable advance written notice to
Network, TrafficLand and/or its agents shall have the right to inspect Network’s books and records
solely with respect to the fees due to TrafficLand under Sections 5.3 and 5.4
(including the calculation of such fees). Such right of inspection is limited to a review of those
books and records related to fees payable by Network to TrafficLand under Sections 5.3
and 5.4. Such inspection shall take place during regular business hours at the place or
places where such books and records are normally retained by Network. TrafficLand shall pay all
costs it incurs in connection with such inspection. Network shall pay all costs it incurs in
retrieving and assembling such books and records to make the same available to TrafficLand. Any
such inspections shall be conducted only by a certified public accountant approved by Network
(which approval shall not be unreasonably withheld, the so-called “Big Four” accounting firms being
pre-approved), such inspection to be conducted in a manner as not to interfere with Network’s
normal business activities. Network shall be furnished with a copy of such auditor’s report within
thirty (30) days after the completion of such inspection. In no event shall any inspection continue
for longer than ten (10) consecutive days, nor shall inspections be made hereunder more frequently
than once annually, nor shall the records supporting any such statement be audited more than once.
If TrafficLand discovers that Network has under reported any amounts payable to TrafficLand under
Sections 5.3 and 5.4, Network shall promptly pay to TrafficLand the under reported amount;
and if TrafficLand discovers that Network has over reported any amounts payable to TrafficLand
under this Agreement, TrafficLand shall promptly notify Network of the same and pay to Network the
over reported amount.

5.8 Taxes. The Parties agree that to the extent that sales tax may become due on any
Products that Network will charge the customer for the same and pay all such collected amounts
directly to the appropriate taxing authority. TrafficLand shall have no claim on any amounts
charged as sales tax and in no event shall such amounts be included in the Aggregate Licensed
Amount.

6.0 CONFIDENTIAL INFORMATION

6.1 Non-Disclosure Obligation.

(a) “Confidential Information” means confidential and proprietary information and
materials disclosed by one Party (the “Disclosing Party”) to the other Party (the “Receiving
Party”) in any form or medium, whether disclosed in writing or orally, by a Party or by a Third
Party on a Party’s behalf, including the terms of this Agreement, potential or pending
acquisitions, roll-out dates, supplier and customer lists, new product and/or services
developments, organizational costs and structure, metrics on websites controlled by Networks (or
its affiliates), such as impressions, visitors and page views, operating procedures, business
plans, financial information, marketing, promotional and sales plans, technical designs and
specifications, research data, compilations, reports, studies, test results and software in either
object or source code form (whether or not patentable). Notwithstanding the foregoing or anything
else in this Agreement to the contrary, Confidential Information shall not include information
that: (i) was or becomes generally available to the public other than as a result of an
unauthorized disclosure by the Receiving Party; (ii) was available to the Receiving Party on a
non-confidential basis prior to its disclosure by the Disclosing Party or its Representatives;
(iii) becomes available to the Receiving Party on a non-confidential basis from a source other than
the Disclosing Party or its Representatives and such source, to the best of the Receiving Party’s
knowledge, after inquiry, is not prohibited from disclosing such information by a contractual,
fiduciary or other obligation; or (iv) is approved for release by the Disclosing Party or its
Representatives; or (v) is independently developed by a Party without the use of the
Confidential Information.

 

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(b) Each Party shall take reasonable steps to preserve the confidentiality of the Confidential
Information of the other Party, including instructing its Representative(s) that such information
is to be treated confidentially in accordance with the terms of this Agreement. During the Term
and for a period of twenty-four (24) months thereafter (provided, however that (i) the
obligations of Network concerning the Confidential Information of TrafficLand that relates to
TrafficLand’s proprietary intellectual property, including proprietary configuration of equipment
and proprietary software located at various state or local department of transportation facilities
that use such equipment or software, shall survive for a period of thirty-six (36) months after the
Term and (ii) the Receiving Party’s obligations with respect to Confidential Information that
constitutes a trade secret of the Disclosing Party will continue for so long as such Confidential
Information constitutes a trade secret under applicable law), the Receiving Party further agrees
not to (x) use the Confidential Information in a competitive manner or in a manner otherwise
detrimental or adverse to the best interests of the Disclosing Party; (y) use the Confidential
Information for any purpose except for the express purposes contemplated herein; (z) disclose the
Confidential Information to any person, except on a confidential basis to those of its
Representatives who have a need to know such information, except as may be required by law as
provided in Section 6.2; or (aa) take any other action with respect to the Confidential
Information (or any part thereof) inconsistent with its confidential and proprietary nature.

6.2 Legally Required Disclosures. The obligations of confidentiality assumed under this
Agreement will not apply to the extent that the Receiving Party is required to disclose the
Disclosing Party’s Confidential Information under any applicable law (including securities laws),
regulation or an order from a court, regulatory agency or other governmental authority having
competent jurisdiction, provided that the Receiving Party promptly notifies the
Disclosing Party thereof to provide the Disclosing Party an opportunity to seek a protective order
and that the Receiving Party discloses only such Confidential Information as is required.

6.3 Cooperation. Each Party agrees that, either upon learning of, or upon a showing by the
other Party of, any threatened or actual breach of the provisions of this Section 6 or of
any threatened or actual unauthorized use or disclosure of any Confidential Information, such Party
will promptly notify the other Party and cooperate with such other Party’s efforts to seek
appropriate injunctive relief or to prevent or curtail such unauthorized use or disclosure of the
Confidential Information.

 

Page 20 

 

7.0 WARRANTIES; LIMITATIONS; AND INDEMNIFICATION

7.1 Network Representations and Warranties. Network represents and warrants that (a)
Network is a corporation duly organized, validly existing and in good standing under the laws of
the state of Maryland and Network has all necessary power and authority to execute and deliver this
Agreement and to perform its obligations hereunder; (b) Network’s execution and delivery of this
Agreement and performance of its obligations hereunder do not and will not conflict with, violate,
or result in any default under any agreement, instrument or other contract to which Network is a
party or by which it is bound; and (c) there are no claims, actions, suits, or other proceedings
pending, or to the knowledge of Network threatened, which, if adversely determined, would adversely
affect the ability of Network to consummate the transactions contemplated by this Agreement or
perform its obligations hereunder.

7.2 TrafficLand Representations and Warranties. TrafficLand represents and warrants, and
covenants, as applicable, that: (a) TrafficLand is a corporation duly organized, validly existing
and in good standing under the laws of the state of Delaware and TrafficLand has all necessary
power and authority to execute and deliver this Agreement and to perform its obligations hereunder;
(b) TrafficLand’s execution and delivery of this Agreement and performance of its obligations
hereunder do not and will not conflict with, violate, or result in any default under any agreement,
instrument or other contract to which TrafficLand is a party or by which it is bound; (c)
TrafficLand will use commercially reasonable efforts to screen the Products provided to Network and
its customers for and rid the Products of any viruses, worms, Trojan horses or other similar
harmful components prior to making such Products available to Network (or its affiliates); (d) the
Products will materially perform in accordance with the Documentation; (e) there are no claims,
actions, suits, or other proceedings pending, or to the knowledge of TrafficLand threatened, which,
if adversely determined, would adversely affect the ability of TrafficLand to consummate the
transactions contemplated by this Agreement or perform its obligations hereunder; (f) TrafficLand
has the right to provide to Network all Products, TrafficLand Services, Documentation and
TrafficLand Marks provided to Network under this Agreement; (g) TrafficLand has granted no licenses
or rights to others which would conflict with the terms and conditions of this Agreement; (h)
TrafficLand will comply with all laws, rules and regulations related to the Products, TrafficLand
Services, Documentation and TrafficLand Marks provided under this Agreement; (i) use of the
Products, TrafficLand Services, Documentation and TrafficLand Marks by or for Network, its
affiliates, sublicenses and customers will not infringe Intellectual Property Rights of Third
Parties; (j)TrafficLand has received no claims or threats of claims that the Products, TrafficLand
Services, Documentation and TrafficLand Marks violate the Intellectual Property Rights or other
rights of Third Parties; (k) TrafficLand has entered into a written agreement with certain DOTs
which provide sufficient rights to enable TrafficLand to perform all of its obligations under this
Agreement that relate to such DOTs, and for DOTs for which there is no written agreement,
TrafficLand in its good faith business judgment believes that it has sufficient rights to enable
TrafficLand to perform all of its obligations under this Agreement that relate to such DOTs; (l)
during the Term and any extension thereof, the Products and TrafficLand Services provided to
Network under this Agreement will be maintained in conformity with the Service Level Agreement; and
(m) TrafficLand (i) has filed for protection of their technology (or will file for such protection,
if TrafficLand has not already done so), including filing applications for the registration of
patents covering TrafficLand’s proprietary technology in the United States, (ii) will pursue in
good faith any applications for registration of the technology, (iii) will maintain all
registrations of the technology and (iv) will pursue in TrafficLand’s good faith business judgment
all instances of material and relevant infringement that TrafficLand knows of and will defend
against any claims of infringement.

 

Page 21 

 

7.3 EXCEPT AS PROVIDED IN THIS SECTION 7, NEITHER PARTY MAKES ANY WARRANTY OF ANY KIND,
WHETHER EXPRESS, IMPLIED, STATUTORY OR OTHERWISE, INCLUDING WITHOUT LIMITATION WARRANTIES OF
MERCHANTABILITY, FITNESS FOR A PARTICULAR USE, UNINTERRUPTED USE OF PRODUCTS, DATA FEEDS OR
SERVICES, ERROR-FREE PROGRAMMING OR CODING, AND NONINFRINGEMENT. ALL PRODUCTS AND SERVICES ARE
PROVIDED “AS IS” WITH NO ADDITIONAL WARRANTIES OF PERFORMANCE.

7.4 Indemnification by TrafficLand. TrafficLand shall indemnify, defend and hold Network
harmless from and against any and all claims, damages, liabilities, costs and expenses, including
reasonable counsel fees, arising out of or relating to any claim by a Third Party against Network
arising out of or relating to, (a) any breach or alleged breach by TrafficLand of any
representation, warranty or undertaking or other term contained in this Agreement, (b) any wrongful
act or omission by TrafficLand, or (c) any claim that the Products, TrafficLand Services,
Documentation and/or TrafficLand Marks infringe upon or misappropriate any patent, copyright,
trademark or other Intellectual Property Right of any Third Party. The provisions of this
Section 7.4 will not apply with respect to any claim resulting directly from any act or
omission by Network.

7.5 Indemnification by Network. Network shall indemnify, defend and hold TrafficLand
harmless from and against any and all claims, damages, liabilities, costs and expenses, including
reasonable counsel fees, arising out of or relating to any claim by a Third Party against
TrafficLand arising out of or relating to (a) any breach or alleged breach by Network of any
representation, warranty or undertaking or other term contained in this Agreement, (b) any wrongful
act or omission by Network, or (c) any claim that the Network Products or Network Marks infringe
upon or misappropriate any patent, copyright, trademark or other Intellectual Property Right of any
Third Party. The provisions of this Section 7.5 will not apply with respect to any claim
resulting directly from any act or omission by TrafficLand.

7.6 Indemnification Procedure. Each Party or person seeking indemnity hereunder
(“Indemnified Party”) shall give prompt written notice to the other party (“Indemnifying Party”) of
any circumstances which may give rise to any indemnity under Section 7.4 or Section
7.5 as soon as the Indemnified Party knows of such circumstances; provided, however, that the
failure to give such notice shall not relieve the Indemnifying Party of its obligation to indemnify
the Indemnified Party under Section 7.4 and Section 7.5 unless the Indemnifying
Party has been prejudiced by such failure. The Indemnifying Party shall, at its own cost and
expense and using counsel of its own choice, control and assume responsibility for the defense of
such claim or litigation. The Indemnified Party shall cooperate fully in defending such claim or
litigation. The Indemnifying Party may not settle such claim or litigation without the consent of
the Indemnified Party unless such settlement involves only the payment of money and provides a full
release of all claims through the date of settlement against the Indemnified Party.

7.7 Force Majeure. Notwithstanding anything to the contrary herein, neither Party will be
liable in contract or otherwise for any losses or damages resulting from causes outside of its
reasonable control including acts of God, fires, strikes, lockouts or other labor disputes,
telecommunications or power outages; war, riot or civil commotion; act of public enemy; enactment
of any rule, law, order or act of government or governmental instrumentality (whether federal,
state, local or foreign) or other cause of a similar nature beyond either Party’s reasonable
control.

 

Page 22 

 

7.8 Limitations of Liability. EXCEPT WITH RESPECT TO EACH PARTY’S INEMNIFICATION
OBLIGATIONS, BREACH BY EITHER PARTY OF ITS CONFIDENTIALITY OBLIGATIONS, BREACH BY EITHER PARTY OF
ANY OF ITS REPRESENTATIONS, WARRANTIES AND/OR COVENENTS, AND FOR CLAIMS ARISING FROM ANY FRAUDULENT
OR GROSSLY NEGLIGENT ACT OR OMISSION OF EITHER PARTY, IN NO EVENT WILL EITHER PARTY, ITS AFFILIATES
OR THEIR RESPECTIVE DIRECTORS, OFFICERS, EMPLOYEES OR AGENTS HAVE ANY LIABILITY TO THE OTHER PARTY
OR ANY OTHER PERSON FOR ENHANCED, PUNITIVE, CONSEQUENTIAL, SPECIAL OR INDIRECT DAMAGES ARISING OUT
OF OR IN ANY MANNER IN CONNECTION WITH THIS AGREEMENT, THE PERFORMANCE OR BREACH HEREOF, THE
SUBJECT MATTER HEREOF, REGARDLESS OF THE FORM OF ACTION (INCLUDING NEGLIGENCE OR STRICT LIABILITY),
WHETHER OR NOT THE OTHER PARTY HAS BEEN ADVISED OF, OR OTHERWISE MIGHT HAVE ANTICIPATED THE
POSSIBILITY OF, SUCH DAMAGES.

8.0 TERM AND TERMINATION

8.1 Term. Unless terminated earlier in accordance herewith, the term (“Term”) of this
Agreement will commence on the Effective Date and will continue in effect until December 31, 2011,
except as otherwise may be extended pursuant to Section 8.7 or Section
2.3(d)(vi)(I).

8.2 Automatic Termination. If the Parties consummate a merger under the Merger Agreement
or any other similar document, pursuant to which WWO acquires TrafficLand or is otherwise combined
with TrafficLand, whether by asset purchase, merger, merger by operation of law, stock purchase or
other similar transaction, this Agreement shall automatically terminate without the need for any
further action by either Party and neither Party shall have any obligation, including any payment
obligation under this Agreement.

8.3 TrafficLand’s Right to Terminate. TrafficLand may terminate this Agreement upon
written notice effective immediately if Network commits a material breach of this Agreement, and
Network fails to cure such breach within thirty (30) days of TrafficLand’s written notice of such
breach; provided that if such breach is not subject to cure, this Agreement will
terminate immediately upon TrafficLand’s notice of such breach.

8.4 Network’s Right to Terminate. Network may terminate this Agreement upon written notice
effective immediately if TrafficLand commits a material breach of this Agreement, and TrafficLand
fails to cure such breach within thirty (30) days of Network’s written notice of such breach;
provided that if such breach is not subject to cure, this Agreement will terminate
immediately upon Network’s notice of such breach.

8.5 Intentionally Deleted.

8.6 Rights and Obligations Upon Termination. Subject to Section 8.7, and unless
this Agreement is terminated pursuant to Section 8.2, upon expiration or termination
hereof, all rights of each Party with respect to the Intellectual Property Rights and Confidential
Information of the other Party will terminate and each Party will immediately cease all use of the
other Party’s Intellectual Property Rights and will promptly return to the other Party or destroy
all materials comprising or containing the other Party’s Confidential Information.

 

Page 23 

 

8.7 Option to Renew.

(a) Upon expiration or termination hereof, Network shall have the right to extend Sections
1, 2.1 2.2, 2.4, 2.5, 2.6, 2.7, 3.2, 3.3, 4.2, 4.3, 5.0, 6.0, 7.0, 8.7, 8.8, and 9.0 of
this Agreement on a non-exclusive basis only, for the remainder of the term of any Customer
Agreement, provided that (i) no initial term of Customer Agreement shall be longer
than three (3) years, with only one (1) renewal of not more than two (2) years will be allowed
(unless otherwise agreed in writing by TrafficLand), (ii) such extension of the above-listed terms
of this Agreement is applicable only to Customer Agreements that have either expired or terminated
during the Term or which are otherwise existing as of the date of expiration or termination hereof
and (iii) such renewals of Customer Agreements are subject to the continued payment of fees
pursuant to Section 5.3 without the right to recoup any fees earned after the Term against
the Prepayment.

(b) With respect to any Customer Agreement that is terminated, expires or otherwise comes up
for renewal anytime after the Term, Network shall have the right to renew as follows:

(i) with respect to any Broadcast Customer or Web Customer that is a Network Affiliate as of
the Effective Date, Network shall have the exclusive right to renew such Customer Agreement and
TrafficLand shall have no right to negotiate with such Broadcast Customer or Web Customer, as
applicable, with respect to any Product (or a product that is a replacement for any Product) for a
period of one (1) year after the later of (A) the expiration or termination of this Agreement or
(B) the expiration or termination of the applicable Customer Agreement;

(ii) with respect to any Broadcast Customer or Web Customer that is not a Network Affiliate as
of the Effective Date but who thereafter licenses the right to access and use both a Product and a
Network Product, under the applicable Customer Agreement, Network shall have the first right to
exclusively negotiate with such Broadcast Customer or Web Customer, as applicable, for a period
starting one hundred twenty (120) days prior to the expiration of the applicable Customer Agreement
and finishing thirty (30) days prior to the expiration of the applicable Customer Agreement and if
Network cannot reach an agreement with the applicable Broadcast Customer or Web Customer within
such period, then TrafficLand may negotiate with such Broadcast Customer or Web Customer
provided that if TrafficLand receives an offer from such Broadcast Customer or Web
Customer which it deems acceptable, TrafficLand shall immediately so notify Network in writing
providing the details of such offer. Network shall have fifteen (15) days from the receipt of such
notice to either accept such offer and provide such services as negotiated by TrafficLand (if such
services are capable of being provided by Network) or; after which, if Network determines to not
accept such offer, TrafficLand may accept the offer as otherwise set forth in such notice; and

(iii) with respect to any Broadcast Customer or Web Customer that is not a Network Affiliate
as of the Effective Date but who thereafter licenses the right to access only a Product and not a
Network Product under the applicable Customer Agreement, Network shall have the first right to
exclusively negotiate with such Broadcast Customer or Web Customer, as applicable, for a period of
ninety (90) days prior to the expiration of the applicable Customer Agreement and if the Network
cannot reach an agreement with the applicable Broadcast Customer or Web Customer, as applicable,
then TrafficLand may negotiate with such customer independently of Network.

8.8 Survival of Certain Provisions. Sections 6, 7, 8, all sections which survive
pursuant to Section 8.7 and Section 9 will survive any termination or expiration of
this Agreement.

 

Page 24 

 

9.0 CONSTRUCTION; NOTICE AND MICELLANEOUS PROVISIONS

9.1 Rules of Constructions and Interpretation. When used herein, (a) the headings in this
Agreement are for convenience only and do not affect the construction or interpretation of any
provision to which they refer; (b) the word “including” shall not be exclusive, shall not limit the
generality of the words preceding it and shall mean “including, without limitation;” (c) neutral
pronouns and any variations thereof shall be deemed to include the feminine and masculine and all
terms used in the singular shall be deemed to include the plural, and vice versa, as the context
may require; (d) derivative forms of any capitalized term defined herein shall have meanings
correlative to the meaning specified herein; (e) the words “herein,” “hereof” and “hereunder” and
other words of similar import shall refer to this Agreement as a whole, including the Exhibits
hereto, as the foregoing may from time-to-time be amended or supplemented, and not to any
particular subdivision contained in this Agreement; (f) references to this Agreement include all
Exhibits, which are incorporated herein and made a part hereof, and any duly executed amendments to
the foregoing; (g) references herein to an Introductory Paragraph, Article, Section and Exhibit
shall refer to the Introductory Paragraph and the appropriate Article, Section or Exhibit in or to
this Agreement; and (h) where either Party’s consent or approval is required hereunder, except as
otherwise specified herein, such Party’s approval or consent may be granted or withheld in such
Party’s sole discretion.

9.2 Notices. All notices, consents or approvals hereunder (each, a “Notice” or “notice”)
will be in writing and will be deemed to have been given and received when (a) delivered personally
(against receipt) or by courier; (b) received by certified or registered mail, return receipt
requested, postage prepaid; or (c) sent by confirmed facsimile transmission; in each case at the
respective addresses for the Parties set forth below or at such other address as the intended
recipient may specify in a Notice pursuant to this Section 9.2.

if to Network:

Metro Networks Communications, Inc.

c/o Westwood One

40 West 57th St – 5th Fl

New York, NY 10019

Attention: President

Facsimile: (212) 641-2198

with a copy to:

Metro Networks Communications, Inc.

c/o Westwood One

40 West 57th St – 5th Fl

New York, NY 10019

Attention: Legal Department

Facsimile: (212) 641-2198

 

Page 25 

 

if to TrafficLand:

1208 Waples Mill Road

Suite 109

Fairfax, VA 22030

Tel: (703) 591-1933

Attention: Larry Nelson and Bill Wells

Facsimile: (703) 591-5003

with a copy to:

Womble Carlyle Sandridge and Rice

8065 Leesburg Pike, 4th Floor

Vienna, VA 22182-2738

Tel: (703) 790-3310

Attn: Keith Mendelson

9.3 Project Managers. TrafficLand and Network shall each appoint individuals from their
organizations to serve as point persons in discussions between TrafficLand and Network regarding
any business matters or issues that may arise during the term of this Agreement in connection with
the various responsibilities and obligations of the Parties under this Agreement (each a “Project
Manager”, together the “Project Managers”). The current Project Managers are specified on
Exhibit J. Each Party shall provide to the other Party written notice of any change to
Exhibit J.

9.4 Miscellaneous. Notwithstanding anything contained herein to the contrary, this
Agreement does not create a partnership, joint venture or relationship of trust or agency between
the Parties. This Agreement, including all Exhibits hereto, contains the entire agreement between
the Parties with respect to the subject matter hereof and supersedes all prior written agreements,
negotiations and term sheets made prior to the date hereof and all prior and contemporaneous oral
understandings, if any, with respect to the subject matter hereof. All defined terms in the
Exhibits that are not otherwise defined shall have the meanings as otherwise set forth in this
Agreement. This Agreement may not be amended, supplemented or discharged except by an instrument
in writing signed by each of the Parties. Neither Party shall publicize or make available to any
Third Party the specific terms of this Agreement. No delay or failure on the part of either Party
in the exercise of any right granted under this Agreement or available at law or equity shall be
construed as a waiver of such right. All waivers must be in writing. If any provision (or portion
thereof) of this Agreement shall be invalid or unenforceable under any applicable law, such
invalidity shall not affect the enforceability of any other provision hereof. In addition, in the
event that any provision (or portion thereof) of this Agreement is determined by a court to be
unenforceable as drafted, it is the Parties’ intention that such provision (or portion thereof)
shall be construed in a manner designed to effectuate the purposes of such provision to the maximum
extent enforceable under such applicable law. Press releases and similar public announcement with
respect to this Agreement or the Parties’ relationship hereunder shall only be made upon both
Parties’ prior review and written approval. This Agreement shall be governed and construed in
accordance with the substantive laws of the State of New York, without regard to conflict of laws
rules thereof. In any action relating to this Agreement, each of the Parties irrevocably submits
to the exclusive jurisdiction of the state and federal courts of competent jurisdiction sitting in
the Borough of Manhattan, and waives any objection to venue in any such court.

 

Page 26 

 

Neither Party may assign any or all of its rights or delegate any or all of its duties or
obligations under this Agreement, including in connection with any merger, merger by operation of
law or change of control, without the express written consent of the other Party provided, however
that Network may assign to a party that purchases substantially all of the assets of Network and in
connection with any merger, merger by operation of law or change of control. Any assignment or
delegation in violation of this Section 9.4 will be void and of no force or effect. This
Agreement will inure to the benefit of and will be binding upon the Parties hereto and their
respective heirs, successors, legal representatives and permitted assigns. All remedies in this
Agreement are cumulative, in addition to and not in lieu of any other remedies available to a Party
at law or in equity, subject only to the express limitations on liabilities and remedies set forth
herein. Except as expressly provided herein, no Third Party is intended, or will be deemed, to be
a beneficiary of any provision of this Agreement. This Agreement may be executed in counterparts,
each of which shall be deemed an original and all of which together shall constitute one
instrument.

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

	 	 	 	 	 	 	 
	METRO NETWORKS COMMUNICATIONS, INC.	 	TRAFFICLAND, INC.
	(“Network”)	 	(“TrafficLand”)
	 
	 	 	 	 	 	 
	By:

	 	/s/ Roderick M. Sherwood III
	 	By:
	 	/s/ Lawrence H. Nelson
	 
	 	 	 	 
	Name: Roderick M. Sherwood III	 	Name: Lawrence H. Nelson
	Title: President and Chief Financial Officer	 	Title: Founder/CEO

 

Page 27Filed by Bowne Pure Compliance

Exhibit 10.07

SUPPLY AGREEMENT

THIS SUPPLY AGREEMENT (the “Agreement”) is executed on October 31, 2008 (the
“Execution Date”) but made effective as of November 21, 2007 (the “Effective
Date”), by and between AHP Manufacturing B.V. trading as Wyeth Nutritionals Ireland, a
corporation organized under the laws of the Netherlands with offices located at Spicalaan 31, 2132
JG Hoofddorp, The Netherlands (“PURCHASER”), and Martek Biosciences Corporation, a
corporation organized under the laws of Delaware with offices located at 6480 Dobbin Road,
Columbia, Maryland 21045 (“SELLER”). PURCHASER and SELLER are sometimes referred to herein
individually a “Party” or collectively as the “Parties”.

WITNESSETH THAT:

WHEREAS, Wyeth (formerly known as American Home Products Corporation), the indirect parent
corporation of PURCHASER, and SELLER entered into a License Agreement, dated as of January 28, 1993
and amended January 10, 2005, for the United States (“U.S. Agreement”), and a License
Agreement, dated as of January 28, 1993 and amended January 10, 2005, for countries outside of the
United States (“International Agreement” and, collectively with the U.S. Agreement, the
“License Agreements”), wherein SELLER had granted to Wyeth in the Territory (as defined
therein) certain rights under Licensed Patents (as defined therein) and Technology (as defined
therein) (A) to produce the Wyeth Product, (B) to use and make Martek Products (as defined therein)
for purposes of making and having made the Wyeth Product and (C) to use, market and distribute the
Wyeth Product, in each case as further specified in the License Agreements;

WHEREAS, PURCHASER wishes to purchase DHA and ARA from SELLER in accordance with the terms of
this Agreement;

WHEREAS, SELLER is willing to supply such DHA and ARA in the form of Martek Products for use
by PURCHASER to manufacture, use, market and distribute Wyeth Products and Growing Up Milk Products
in accordance with the terms of the License Agreements and this Agreement; and

WHEREAS, Wyeth will formally assign the License Agreements to PURCHASER, a wholly owned
subsidiary of Wyeth, contemporaneously with the execution of this Agreement, such assignment to be
effective for all purposes as of November 21, 2007.

	 	 	 
	*	 	The asterisk denotes that confidential portions of this exhibit have been omitted in reliance
on Rule 24b-2 of the Securities Exchange Act of 1934. The confidential portions have been
submitted separately to the Securities and Exchange Commission.

 

 

 

NOW, THEREFORE, in consideration of the foregoing premises and of the mutual undertakings
herein contained, the Parties agree as follows:

ARTICLE 1. DEFINITIONS

Unless defined herein, all capitalized terms will have the meanings stated in the License
Agreements. References herein to SELLER and PURCHASER shall also be deemed as references to
Licensor and Licensee, respectively, for purposes of the License Agreements.

1.1 “Acceptable Product” shall mean DHA Martek Product or ARA Martek Product delivered under
this Agreement that satisfies the warranty set forth in Section 5.1 at the time of delivery to
PURCHASER pursuant to Section 2.4.

1.2 “Agreement” shall have the meaning set forth in the Preamble.

1.3 *

1.4 “Applicable Law” shall mean all applicable laws, regulations and other requirements which
may be in effect from time to time, of all national governmental authorities, and of all states,
municipalities and other political subdivisions and agencies thereof, including, without limiting
the generality of the foregoing, the Federal Food, Drug, and Cosmetic Act, the regulations and
other requirements of the United States Food and Drug Administration, similar state laws and
regulations or similar laws and other requirements in the Territory, including any and all
amendments, as may be applicable in any jurisdiction in the Territory in which relevant Martek
Products, Growing Up Milk Products or Wyeth Products, as applicable, are Manufactured, distributed
or sold.

1.5 “ARA” shall mean arachidonic acid.

1.6 “ARA Martek Product” shall mean Martek Product that is ARA.

1.7 *

1.8 “Claim” shall have the meaning set forth in Section 9.3.

1.9 *

1.10 *

1.11 “DHA” shall mean docosahexaenoic acid.

1.12 “DHA Martek Product” shall mean Martek Product that is DHA.

1.13 “Effective Date” shall have the meaning set forth in the Preamble.

1.14 “Execution Date” shall have the meaning set forth in the Preamble.

1.15 “Growing Up Milk Product” shall mean a nutritionally enhanced milk and/or soy-milk based
product marketed to and intended for use by children from twelve (12) through thirty-six (36)
months of age, and by older children in markets where such products are or will be marketed by
PURCHASER and/or its Affiliates to be consumed by such older children.

1.16 “Indemnitee” shall have the meaning set forth in Section 9.3.

1.17 “Indemnitor” shall have the meaning set forth in Section 9.3.

1.18 “International Agreement” shall have the meaning set forth in the Preamble.

	 	 	 
	*	 	The asterisk denotes that confidential portions of this exhibit have been omitted in reliance
on Rule 24b-2 of the Securities Exchange Act of 1934. The confidential portions have been
submitted separately to the Securities and Exchange Commission.

 

- Page 2 -

 

1.19 “Initial Forecast” shall have the meaning set forth in Section 2.2.1.

1.20 “License Agreements” shall have the meaning set forth in the Preamble.

1.21 “Manufacture” and “Manufacturing” shall mean the manufacturing, production, processing,
formulating, packaging, labeling, holding and/or quality control testing of a product, material or
compound.

1.22 “Martek Product Specifications” shall mean the specifications for ARA Martek Product and
DHA Martek Product, as set forth in Exhibit C attached hereto, as such Exhibit may be modified by
written agreement of the Parties.

1.23 *

1.24 “Party” and “Parties” shall have the meaning set forth in the Preamble.

1.25 *

1.26 “Person” shall mean any individual, firm, corporation, partnership, limited liability
company, trust, business trust, joint venture company, governmental authority, association or other
entity.

1.27 “Purchase Order” shall have the meaning set forth in Section 2.2.2.

1.28 “Purchase Price” shall have the meaning set forth in Section 2.3.1.

1.29 “PURCHASER” shall have the meaning set forth in the Preamble.

1.30 *.

1.31 “Regulatory Authority” shall mean any national, supra-national, regional, state, or local
regulatory agency, department, bureau, commission, council, or other governmental entity regulating
or otherwise exercising authority in the Territory with respect to the DHA Martek Product, ARA
Martek Product, the Wyeth Products and/or the Growing Up Milk Products.

1.32 *

1.33 *

1.34 *

1.35 “Rolling Forecast” shall have the meaning set forth in Section 2.2.1.

1.36 “SELLER” shall have the meaning set forth in the Preamble.

1.37
“Shortfall Notice” shall have the meaning set forth in
Section 2.2.6.

1.38 *

	 	 	 
	*	 	The asterisk denotes that confidential portions of this exhibit have been omitted in reliance
on Rule 24b-2 of the Securities Exchange Act of 1934. The confidential portions have been
submitted separately to the Securities and Exchange Commission.

 

- Page 3 -

 

1.39 *

1.40 “Term” shall have the meaning set forth in Section 6.1.

1.41 “Territory” shall, subject to Section 6.2.2, mean the world.

1.42 “Testing Laboratory” shall have the meaning set forth in Section 4.2.1.

1.43 “U.S. Agreement” shall have the meaning set forth in the Preamble.

1.44 “Wyeth” shall have the meaning set forth in the Preamble.

1.45 “Wyeth Product” shall mean AHPC Formulaid Product (as defined in the License Agreements),
but shall specifically exclude *.

ARTICLE 2. PURCHASE AND SUPPLY OF COMPOUNDS

2.1 Purchase of DHA and ARA. During the Term of this Agreement, and subject to its
terms, (a) SELLER shall Manufacture and supply to PURCHASER all quantities of DHA and ARA ordered
by PURCHASER in accordance with the terms hereof and (b) PURCHASER shall purchase from SELLER
PURCHASER’s and its Affiliates’ total requirements of DHA and ARA for use in the Manufacture,
distribution and sale of Infant Formula Products throughout the
Territory; provided that (i) *,
and
(ii) such total requirements shall not include PURCHASER’s or its Affiliates’ requirements of DHA
and/or ARA for research or evaluation purposes (and not for sale). For the avoidance of doubt, (a)
while PURCHASER may purchase DHA Martek Product and ARA Martek Product under this Agreement for use
in the Manufacture, distribution and/or sale of its Growing Up Milk Products, nothing in this
Agreement shall operate or be construed to limit PURCHASER’s or its Affiliates’ right to purchase
from a Third Party any quantity of DHA or ARA for the purposes of the Manufacture, distribution
and/or sale of its Growing Up Milk Products and (b) *. All quantities of Martek Product supplied
by SELLER under this Agreement shall be used, either by PURCHASER, its Affiliates, or by
contractors of PURCHASER or its Affiliates on PURCHASER’s or such Affiliate’s behalf, solely for
purposes of Manufacture, distribution and/or sale of Wyeth Products or Growing Up Milk Products, or
for research purposes related to Infant Formula Products or Growing Up Milk Products.

2.2 Forecasts and Orders.

2.2.1 As of the Execution Date of this Agreement, a provisional non-binding forecast of the
monthly quantity of DHA Martek Product and ARA Martek Product which PURCHASER will order on behalf
of itself and its Affiliates for delivery hereunder for the period from the Execution Date until
March 31, 2009 shall be established using the average monthly quantities of DHA Martek Product and
ARA Martek Product ordered by PURCHASER in the six (6) calendar months prior to the Execution Date
(the “Initial Forecast). Thereafter, not later than December 1 and June 1 of each calendar
year during the Term of this Agreement, PURCHASER shall submit to SELLER a non-binding forecast of
the quantity and expected delivery dates of DHA Martek Product and ARA Martek Product that
PURCHASER estimates in good faith that it will order on behalf of itself and its Affiliates for
delivery under this Agreement during the four (4) quarters
commencing on the immediately succeeding January 1 and July 1, respectively (each such
forecast, a “Rolling Forecast”). The Initial Forecast and the Rolling Forecasts will be
good-faith, best estimates of requirements and shall not be considered a firm commitment.

	 	 	 
	*	 	The asterisk denotes that confidential portions of this exhibit have been omitted in reliance
on Rule 24b-2 of the Securities Exchange Act of 1934. The confidential portions have been
submitted separately to the Securities and Exchange Commission.

 

- Page 4 -

 

2.2.2 Except for Purchase Orders submitted by PURCHASER but not fulfilled as of the Execution
Date, purchase orders (each a “Purchase Order”) for each order of DHA Martek Product and
ARA Martek Product shall be placed by PURCHASER to SELLER at least sixty (60) days but no more than
one hundred twenty (120) days prior to the required date of delivery of such Martek Product to
PURCHASER. Each Purchase Order shall specify the shipping destination (which shall be in the
Territory), and required delivery date, for the Martek Product ordered therein. SELLER shall
accept each Purchase Order from PURCHASER placed in accordance with this Section 2.2.2 for up to *
of the relevant volumes specified for the applicable month in the Initial Forecast or, if a Rolling
Forecast has been provided, the most recent Rolling Forecast provided by PURCHASER as of the time
of the placement of such Purchase Order. SELLER shall acknowledge all Purchase Orders submitted in
accordance with Section 2.2.2 within ten (10) business days of SELLER’s receipt of such Purchase
Orders. Purchase Orders submitted by PURCHASER in accordance with this Agreement which have been
acknowledged in writing by SELLER shall be considered as firm and binding orders (subject to the
terms of this Agreement) and shall only be canceled or amended by mutual written agreement of the
Parties. For the avoidance of doubt, SELLER shall not reject any Purchase Order submitted by
PURCHASER in accordance with Section 2.2.2.

2.2.3 SELLER shall fulfill by the required delivery date set forth therein each Purchase Order
acknowledged pursuant to Section 2.2.2; provided that SELLER shall have no liability for any breach
of this Section 2.2.3 unless and until SELLER fails to deliver in accordance with Section 2.4 *as
relevant, ordered by PURCHASER for delivery *for a particular shipping destination (which aggregate
amount for such location for * by * In the event that SELLER fails to fulfill any Purchase Order
acknowledged pursuant to Section 2.2.2 by the required delivery date, PURCHASER shall provide
notice thereof to SELLER and shall use reasonable efforts to do so within *; provided, however,
that any failure by PURCHASER to provide such notice within such time period shall not be a breach
of this Agreement or operate or be deemed to limit any remedies available to PURCHASER hereunder.

2.2.4 Purchase Orders for amounts in addition to * of the relevant volumes specified for the
applicable calendar month in the Initial Forecast or the most recent Rolling Forecast, as
applicable, shall be accepted and fulfilled by SELLER as is commercially reasonable.

2.2.5 In the event of any conflict between the provisions of this Agreement and any Purchase
Order, acknowledgement or invoice, or any additional terms included in any Purchase Order,
acknowledgement or invoice, the provisions of this Agreement shall control. All preprinted terms
and conditions contained on any Purchase Order, acknowledgement or invoice, or similar document,
shall be disregarded.

	 	 	 
	*	 	The asterisk denotes that confidential portions of this exhibit have been omitted in reliance
on Rule 24b-2 of the Securities Exchange Act of 1934. The confidential portions have been
submitted separately to the Securities and Exchange Commission.

 

- Page 5 -

 

2.2.6 In the event that SELLER, at any time during the Term, shall have reason to believe that
it will be unable to supply PURCHASER with its requirements of Martek Products, SELLER shall use
reasonable efforts to communicate with PURCHASER in a timely manner so as to help
PURCHASER ensure there is no interruption in supply to PURCHASER, and the Parties shall
thereafter discuss how such shortfall will be resolved. SELLER shall * provide a written notice to
PURCHASER (a “Shortfall Notice”) if (a) SELLER will be unable to supply PURCHASER with the
amount ordered by PURCHASER in a Purchase Order by the required delivery date set forth therein
(whether by reason of a force majeure event or otherwise), or (b) SELLER concludes that it will be
unable to supply PURCHASER *set forth in the Initial Forecast or a Rolling Forecast, as relevant,
for any period for which Purchase Orders may still be placed (i.e., more than sixty (60) days
ahead) (whether by reason of a force majeure event or otherwise). Any such Shortfall Notice shall
expressly identify itself as a Shortfall Notice and shall include*. Any notices pursuant to this
Section 2.2.6 shall be for information purposes only and shall not, by themselves, be used to claim
a breach of this Agreement.

2.3 Payment Terms.

2.3.1 Price. During the Term of this Agreement, PURCHASER shall pay for the Martek
Products delivered by SELLER in accordance with the terms of this Agreement at the prices
determined in accordance with the terms set forth in Exhibit A attached hereto (the
“Purchase Price”) and in accordance with this Section 2.3.

2.3.2 Invoice Amount. The amount initially invoiced for Martek Products purchased
hereunder during a given calendar year shall be set (a) for * based on forecasted sales volumes for
*, and (b) for each calendar year thereafter based on the Rolling Forecast for such calendar year
submitted to SELLER by PURCHASER on or prior to the December 1 immediately preceding such calendar
year as provided in Section 2.3.1.

2.3.3 Adjustments. If the forecasted sales volume of Martek Products used to
determine the invoice price as provided in Section 2.3.2 is greater than the quantity of Martek
Products actually purchased during the relevant calendar year, and, as a result, the Purchase Price
payable by PURCHASER to SELLER for Martek Products as specified in Exhibit A is higher than
the invoiced amounts actually paid pursuant to Section 2.3.2, then SELLER shall invoice PURCHASER
within thirty (30) days after the end of such calendar year for an amount equal to the difference,
if any, between the total Purchase Price payable as specified in Exhibit A and the total
invoiced amounts actually paid pursuant to Section 2.3.2, and PURCHASER shall pay such amounts
within *. Alternatively, if the quantity of Martek Products actually purchased by PURCHASER from
SELLER pursuant to this Agreement during the relevant calendar year exceeds the forecasted sales
volume of Martek Products used to determine the invoice price as provided in Section 2.3.2 for such
calendar year, and, as a result, the Purchase Price payable by PURCHASER to SELLER for Martek
Products as specified in Exhibit A is lower than the invoiced amounts actually paid
pursuant to Section 2.3.2, then SELLER shall credit against future purchases of Martek Product
hereunder an amount equal to the difference, if any, between the total invoiced amounts actually
paid pursuant to Section 2.3.2 and the total Purchase Price payable as specified in Exhibit
A. Any credit due to PURCHASER shall be made available within * after the end of the calendar
year for which it accrues. To the extent any such credit exceeds the amount due to SELLER from
PURCHASER at the time of termination or expiration of this Agreement, then SELLER shall pay to
PURCHASER such excess amount within * after such expiration or termination. In the event this
Agreement expires or terminates prior to the end of a calendar year,
for such partial year, the credits or reimbursements required to effectuate the foregoing
shall be calculated on a pro rata basis (i.e., calculated as if the average monthly volume of
purchases under this Agreement for the partial year had been made for each month for the full
calendar year, with the credit or reimbursement reduced proportionally to account for the number of
months out of the full calendar year this Agreement was actually in effect) and determined and
credited or paid within * of the date following such termination.

	 	 	 
	*	 	The asterisk denotes that confidential portions of this exhibit have been omitted in reliance
on Rule 24b-2 of the Securities Exchange Act of 1934. The confidential portions have been
submitted separately to the Securities and Exchange Commission.

 

- Page 6 -

 

2.3.4 No Royalty. The Parties acknowledge and agree that no royalties, including any
royalties under the License Agreements, shall be due to SELLER in connection with the supply of
Martek Products hereunder or the use and subsequent sale of products containing such Martek
Products by PURCHASER or its Affiliates in accordance with the terms hereof. The Purchase Prices
set forth herein for sales of Martek Products by SELLER to PURCHASER constitute the only
consideration associated with the use and sale of such Martek Products.

2.3.5 Taxes. The Purchase Price for the Martek Products delivered hereunder is
exclusive of any and all national, state or local sales, use, value added or similar taxes, customs
duties or governmental tariffs or fees which SELLER may be required to pay or collect upon the
delivery of such Martek Products. Should any tax or levy be made, PURCHASER agrees to pay such tax
or levy and indemnify SELLER for any claim for such tax or levy demanded. In no event, however,
shall PURCHASER be responsible for any taxes based on SELLER’s income or similar measures.

2.3.6 Terms. PURCHASER shall pay all correct invoices for amounts due in accordance
with Section 2.3.2 above within * from the date of SELLER’s invoice, which invoice shall be dated
as of the date of delivery of the invoiced Martek Products delivered in accordance with Section 2.4
below. For any invoices containing errors, payment shall not be due with respect to the incorrect
portion(s) of the invoice until the invoicing errors are corrected and a new invoice, with respect
to the incorrect portions on the original invoice, is received by PURCHASER. All amounts payable
hereunder by either Party shall be in U.S. dollars.

2.3.7 Sample Requests. SELLER may request, up to two (2) times per year, and
PURCHASER shall provide following each such request, samples for up to a total of six (6) SKUs of
Wyeth Products or Growing Up Milk Products (in the aggregate) from PURCHASER’s markets. Reasonable
expenses of filling any such requests shall be borne by SELLER. SELLER shall not resell or
distribute such Wyeth Products or Growing Up Milk Products, and shall use them only for purposes of
display at SELLER’s premises or at trade shows, or for evaluation.

2.4 Delivery Terms. DHA Martek Product and ARA Martek Product ordered in accordance
with this Agreement shall be delivered Ex Works (EXW) (INCOTERMS 2000) SELLER’s place of shipment
and title to and risk of loss shall be transferred upon such delivery; provided, however, that if
requested by PURCHASER in an applicable Purchase Order, SELLER shall, on behalf of PURCASER and at
PURCHASER’s sole expense, contract for shipment to the shipping destination in the Territory
specified by PURCHASER in such Purchase Order and insurance sufficient to the cover risk of loss of
such shipment; provided further that in such situation, delivery for purposes of this Agreement
shall still be deemed to have occurred EXW SELLER’s place of shipment.

	 	 	 
	*	 	The asterisk denotes that confidential portions of this exhibit have been omitted in reliance
on Rule 24b-2 of the Securities Exchange Act of 1934. The confidential portions have been
submitted separately to the Securities and Exchange Commission.

 

- Page 7 -

 

2.5 *

2.6 Failure to Supply.

2.6.1 SELLER shall supply by the required delivery date therefor the portion of Martek Product
ordered under each Purchase Order acknowledged in accordance with Section 2.2.2 that SELLER is
capable of supplying, provided that, if SELLER has insufficient quantities of Martek Product to
fulfill any Purchase Order, SELLER may allocate Martek Product among its customers so long as
SELLER treats PURCHASER *.

2.6.2 (a) If a failure to supply occurs during the Term such that (A) SELLER fails to deliver
in accordance with Section 2.4 at least *of the aggregate amount of ARA Martek Product and/or DHA
Martek Product, as relevant, ordered by PURCHASER for delivery within * for a particular * by the *
or (B) SELLER gives *, then in each case ((A) and (B)) the permitted * amount that PURCHASER may
obtain from a Third Party(ies) in accordance with this Section 2.6.2 shall be the greater of (x)
the applicable Shortfall Quantity of DHA and/or ARA, as relevant, or (y) if the * quantity that
PURCHASER, after exercising reasonable efforts under the circumstances, is able to obtain from its
Third Party supplier(s) * Shortfall Quantity, such * quantity.

(b) For purposes hereof, the “Shortfall Quantity” shall mean a quantity of DHA and/or ARA, as
relevant, to be obtained in * that * of (A) the maximum * shortfall amount specified by SELLER *,
or (B) the difference between (1) the aggregate amount of DHA and/or ARA, as relevant, actually
ordered by PURCHASER in accordance with the terms hereof for delivery * for a particular shipment
destination, less (2) the aggregate amount of DHA and/or ARA, as relevant actually delivered by
SELLER for such shipment destination *.

(c) PURCHASER may obtain the permitted amount of ARA and/or DHA via the foregoing rights * for
PURCHASER to obtain reasonable cover for SELLER’s failure to provide quantities of the Martek
Products ordered hereunder by PURCHASER. In negotiating any such contract for cover, PURCHASER
shall, as circumstances allow, reasonably consult with SELLER as to terms being offered and
cooperate in good faith with SELLER in SELLER’s reasonable efforts to ensure it can resume its
supply of PURCHASER’s total requirements of DHA and ARA hereunder upon SELLER’s resumption of its
ability to supply such requirements. PURCHASER shall, in any event, use reasonable efforts under
the circumstances to minimize the duration of any contract with a Third Party entered into to
obtain cover as permitted herein, and shall ensure that any contract for cover can be unilaterally
terminated by PURCHASER on no more than * notice, unless otherwise agreed in writing by SELLER,
such agreement to not be unreasonably withheld or delayed.

(d) Notwithstanding the foregoing, if SELLER agrees in writing to * PURCHASER for the
difference between (i) a higher price offered by a Third Party necessary to obtain lesser volumes
and/or a shorter term as compared to a lower price that has been offered by such Third Party for
higher volumes and/or a longer term and (ii) the applicable Purchase Price for ARA Martek Product
and/or DHA Martek Product, as relevant, then PURCHASER shall agree to accept such higher price in
exchange for * by SELLER.

	 	 	 
	*	 	The asterisk denotes that confidential portions of this exhibit have been omitted in reliance
on Rule 24b-2 of the Securities Exchange Act of 1934. The confidential portions have been
submitted separately to the Securities and Exchange Commission.

 

- Page 8 -

 

2.6.3 For clarity, (x) if any failure to supply only relates to DHA or ARA, and not both, the
rights as provided in this Section 2.6 shall only relate to DHA or ARA, as relevant, (y) if any
failure to supply only relates to deliveries for a particular shipping destination (e.g., due to
specific packaging requirements for that location), the rights as provided in this Section 2.6
shall only apply for deliveries for such shipping destination, and (z) no rights under any Licensed
Patents are granted, expressed or implied, by the rights granted under this Section 2.6. In the
event PURCHASER exercises any of its rights above in this Section 2.6 (including due to force
majeure), any amounts of DHA and/or ARA obtained by PURCHASER from a Third Party in accordance with
this Section 2.6 shall be credited to the volumes in the pricing tiers set forth in Exhibit A for
the relevant year(s) for the purpose of determining the Purchase Price for such year(s), and
PURCHASER shall not be required to pay to SELLER any royalty or any other compensation under the
License Agreements with respect to any Wyeth Product or Growing Up Milk Product that incorporates
such DHA and/or ARA.

2.6.4 The Parties agree that, so long as SELLER has used its good faith efforts to supply
PURCHASER with amounts of Martek Product ordered by PURCHASER in accordance with the terms hereof,
any breach by SELLER of its obligations to supply Martek Product to PURCHASER in accordance with
the terms of this Agreement shall not give rise to any right to terminate this Agreement for such
breach unless and until SELLER has failed (for reasons other than force majeure) to deliver
Acceptable Product equal to at least * of the aggregate amount of ARA Martek Product and/or DHA
Martek Product, as relevant, ordered pursuant to Purchase Orders placed in accordance with the
terms of this Agreement * of the end of the relevant *, in which event PURCHASER shall have the
right to terminate this Agreement upon * prior written notice to SELLER.

2.6.5 Notwithstanding any other provision of this Agreement, if PURCHASER has properly
exercised its rights to cover hereunder for more than *, and if, at any time while PURCHASER
continues to have the right to cover, SELLER does not reasonably believe, after reasonable
consultation with PURCHASER, that it will be able * to meet its supply obligations hereunder in
such a manner that PURCHASER would not continue to accrue rights to cover under this Section 2.6,
then * shall have the right, upon * prior written notice to *.

2.7 *

2.7.1 *

2.7.2 *

ARTICLE 3. MANUFACTURING; QUALITY

3.1 Changes to Martek Product Specifications. Subject to Section 3.2, the Martek
Product Specifications may only be amended upon the mutual written agreement of the Parties, such
agreement to not be unreasonably withheld or delayed.

3.2 Regulatory Changes. If a Regulatory Authority, or a change in Applicable Law,
requires a change to (a) SELLER’s Manufacturing processes for Martek Product, (b) the Martek
Product Specifications, (c) materials used in the Manufacture of any Martek Product, (d) the
suppliers of such materials or (e) any analytical testing or other methods employed to ensure
quality control for a Product (each, a “Regulatory Change”), SELLER shall notify PURCHASER,
or PURCHASER shall notify SELLER, as the case may be, of such Regulatory Change, and SELLER shall
make such Regulatory Change *.

	 	 	 
	*	 	The asterisk denotes that confidential portions of this exhibit have been omitted in reliance
on Rule 24b-2 of the Securities Exchange Act of 1934. The confidential portions have been
submitted separately to the Securities and Exchange Commission.

 

- Page 9 -

 

3.3 Costs and Expenses. SELLER shall be solely responsible for all costs and expenses
incurred in connection with the Manufacture of all Martek Product supplied to PURCHASER hereunder,
including costs and expenses of personnel, quality control testing, Manufacturing facilities and
equipment, and materials.

3.4 *.

3.5 Event Reporting. If SELLER receives a complaint from any Third Party, or if
SELLER’s quality assurance group, infant formula business unit managers, or senior management
otherwise become aware of a complaint or issue, about Martek Product involving safety concerns,
SELLER shall promptly notify PURCHASER in writing. In addition, during the Term of this Agreement,
PURCHASER shall promptly notify SELLER of any report of an adverse event once it has determined
that it is potentially associated with the use of Martek Products in any Wyeth Product or Growing
Up Milk Product, and SELLER shall notify PURCHASER of any report of an adverse event received by
SELLER regarding a Wyeth Product or Growing Up Milk Product irrespective of whether the adverse
event is potentially associated with the use of a Martek Product. All adverse event notifications
as stated above shall occur within five (5) calendar days of receipt of a report of such adverse
event. PURCHASER shall have sole discretion in determining what action, if any, is to be taken by
PURCHASER in connection with any such adverse event relating to a Wyeth Product or Growing Up Milk
Product. The Parties shall be notified as follows (or in such other manner as provided by notice
pursuant to Section 11.4):

For SELLER:

	 	 	 
	Fax number:

	 	(410) 740-2985
	 
	 	 
	 

	 	Mr. Mario Flores
	 

	 	Regulatory Manager
	 

	 	Martek Biosciences Corporation
	 

	 	6480 Dobbin Road
	 

	 	Columbia, MD 21045
	 

	 	(tel) 410-740-0081
	 
	 	 
	For PURCHASER:
	 	 
	 
	 	 
	Fax number:

	 	(610) 989-5544
	 
	 	 
	Overnight Courier (only):

	 	Global Safety Surveillance Epidemiology & Labeling
	 

	 	Wyeth Research
	 

	 	GSSEL Triage Unit
	 

	 	Dock E
	 

	 	500 Arcola Road
	 

	 	Collegeville, PA 19426

	 	 	 
	*	 	The asterisk denotes that confidential portions of this exhibit have been omitted in reliance
on Rule 24b-2 of the Securities Exchange Act of 1934. The confidential portions have been
submitted separately to the Securities and Exchange Commission.

 

- Page 10 -

 

3.6 Formulation. PURCHASER agrees that any batch of Wyeth Product that contains DHA
Martek Product or ARA Martek Product shall not contain DHA or ARA obtained from any Third Party and
that Martek Product shall comprise one hundred percent (100%) of any and all DHA and ARA contained
in such batch of Wyeth Product.

ARTICLE 4. INSPECTION

4.1 *.

4.2 Evaluation and Cure.

4.2.1 Upon receipt of a written notice from PURCHASER *, SELLER shall undertake appropriate
evaluation of the nonconforming Martek Product and shall notify PURCHASER whether it has confirmed
that such Martek Product is not Acceptable Product within thirty (30) days after receipt of such
notice. If SELLER notifies PURCHASER that it has not confirmed such nonconformity, upon request of
PURCHASER the Parties shall submit the dispute to an independent testing laboratory or other
appropriate expert mutually acceptable to the Parties (the “Testing Laboratory”) for
evaluation. Both Parties shall cooperate with the Testing Laboratory’s reasonable requests for
assistance in connection with its evaluation hereunder. The findings of the Testing Laboratory
shall be binding on the Parties, absent manifest error. The expenses of the Testing Laboratory
shall be borne by SELLER if the Testing Laboratory confirms that the Martek Product was not
Acceptable Product at the time of delivery pursuant to Section 2.4, and otherwise by PURCHASER.

4.2.2 If the Testing Laboratory or SELLER confirms that a lot of Martek Product is not
Acceptable Product, SELLER, at PURCHASER’s option, shall (a) within fifteen (15) business days
supply PURCHASER with a conforming quantity of Acceptable Product at SELLER’s expense, or (b)
reimburse PURCHASER for the Purchase Price (including duty, freight, insurance charges and other
similar related expenses) paid by PURCHASER with respect to such nonconforming Martek Product if
already paid.

4.2.3 *

4.2.4 SELLER immediately shall notify PURCHASER if at any time it discovers that any Martek
Product delivered hereunder is not Acceptable Product. In the event that any Regulatory Authority
determines that any DHA or ARA should be destroyed or not distributed or consumed, such Martek
Product automatically shall be deemed to not constitute Acceptable Product.

	 	 	 
	*	 	The asterisk denotes that confidential portions of this exhibit have been omitted in reliance
on Rule 24b-2 of the Securities Exchange Act of 1934. The confidential portions have been
submitted separately to the Securities and Exchange Commission.

 

- Page 11 -

 

ARTICLE 5. WARRANTY AND DISCLAIMER

5.1 Product Warranty. SELLER warrants that all Martek Product supplied to PURCHASER
hereunder from and after the Execution Date, at the time of delivery thereof, will (a) * and (b)
have been Manufactured in accordance with, and comply with (i) the applicable Martek Product
Specifications; (ii) *; and (iii) the * for such Martek Product provided*. For clarity, all ARA
Martek Product and DHA Martek Product supplied to PURCHASER after the Execution Date pursuant to
Purchase Orders submitted prior to the Execution Date shall be deemed supplied under this Agreement
for purposes of this Section 5.1 and Articles 4, 8 and 9 hereof.

5.2 Disclaimer of Warranties.

5.2.1 EXCEPT AS EXPRESSLY SET FORTH IN THIS AGREEMENT, SELLER HEREBY DISCLAIMS ANY AND ALL
WARRANTIES, EXPRESS AND IMPLIED, INCLUDING WITHOUT LIMITATION ANY WARRANTIES OF MERCHANTABILITY,
FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT, RELATING TO THE MARTEK PRODUCTS SUPPLIED
HEREUNDER. SELLER MAKES NO REPRESENTATIONS OR WARRANTIES AND HAS NO DUTY TO ENSURE THAT THE MARTEK
PRODUCTS SUPPLIED HEREUNDER ARE USABLE WITH THE WYETH PRODUCTS OR GROWING UP MILK PRODUCTS OR CAN
BE INCORPORATED SAFELY INTO SUCH PRODUCTS. IT IS HEREBY ACKNOWLEDGED AND AGREED THAT SELLER SHALL
HAVE NO OBLIGATION TO DETERMINE THE SAFETY AND UTILITY OF THE MARTEK PRODUCTS PROVIDED HEREUNDER AS
SUCH RELATE TO EACH WYETH PRODUCT AND GROWING UP MILK PRODUCT.

5.2.2 EXCEPT AS EXPRESSLY SET FORTH IN THIS AGREEMENT, SELLER HEREBY DISCLAIMS AND SHALL NOT
BE LIABLE FOR ANY DAMAGES OF ANY NATURE RESULTING OR ARISING FROM OR RELATING TO THE USE,
MANUFACTURE, DISTRIBUTION, MARKETING, OR SALE BY PURCHASER, ITS AFFILIATES OR ANY THIRD PARTY OF
THE MARTEK PRODUCTS PROVIDED HEREUNDER, THE GROWING UP MILK PRODUCTS OR THE WYETH PRODUCTS OR ANY
IMPROVEMENTS OR MODIFICATIONS TO THE MARTEK PRODUCTS PROVIDED HEREUNDER THAT ARE MADE BY PURCHASER,
ITS CONTRACTORS, AGENTS OR CUSTOMERS.

5.3 Mutual Representations and Warranties. Each Party represents and warrants to the
other Party as follows:

	 	(i)	 	that it is organized and validly existing under the laws of its jurisdiction of
incorporation;

	 	(ii)	 	that it has the power to execute and deliver this Agreement and to perform its
obligations hereunder, and that such execution and performance have been duly
authorized by all necessary corporate actions; and

	 	(iii)	 	that its performance of this Agreement will not constitute a breach or
violation of any other agreement or understanding, written or oral, to which it or its
Affiliates is a party.

	 	 	 
	*	 	The asterisk denotes that confidential portions of this exhibit have been omitted in reliance
on Rule 24b-2 of the Securities Exchange Act of 1934. The confidential portions have been
submitted separately to the Securities and Exchange Commission.

 

- Page 12 -

 

ARTICLE 6. TERM, TERMINATION

6.1 Term. This Agreement shall commence on the Effective Date and, subject to the
prior termination of this Agreement in accordance with the terms hereof, shall terminate on the
tenth (10th) anniversary of the Effective Date (the “Term”).

6.2 Termination.

6.2.1 Termination in Case of Material Breach; Opportunity to Cure. Subject to Section
2.6.4, either Party to this Agreement may terminate this Agreement immediately upon written notice
to the other Party in the event of any material breach by the other Party of this Agreement, which
breach has not been cured by the breaching Party within thirty (30) days of receiving written
notice thereof from the nonbreaching Party.

6.2.2 Termination in Case of Infringement. PURCHASER shall have the right to
terminate this Agreement in a particular jurisdiction within the Territory (i.e., cancel
outstanding Purchase Orders and reduce or be relieved from its purchase obligations hereunder with
respect to such jurisdiction) if a court or other tribunal of competent jurisdiction determines by
final order that the Technology or the Martek Products, when used in connection with Wyeth
Products, infringe upon the patent or other proprietary rights of any Third Party in such
jurisdiction, and from and after the issuance of such order such jurisdiction shall not constitute
part of the Territory; provided, however, that if, prior to any such termination, SELLER develops a
non-infringing alternative or obtains a license from such Third Party, such that PURCHASER could
lawfully use the Martek Products in connection with the Wyeth Products at no additional cost or
expense to PURCHASER beyond that expressly provided in this Agreement and without the need to
obtain additional or new regulatory approvals or to make additional or new regulatory filings,
PURCHASER shall not terminate this Agreement pursuant to this Section 6.2.2.

6.2.3 Termination in Case of Insolvency. Either Party to this Agreement may terminate
this Agreement upon giving notice to the other, if the other Party shall file in any court or
agency, pursuant to any statute or regulation of any state or country, a petition in bankruptcy or
insolvency or for reorganization or for arrangement or for the appointment of a receiver or trustee
of the other Party or of its assets, or if the other Party proposes a written agreement of
composition or extension of its debts, or if the other Party shall be served with an involuntary
petition against it, filed in any insolvency proceeding, and such petition shall not be dismissed
within sixty (60) days after the filing thereof, or if the other Party shall propose or be a party
to any dissolution or liquidation, or if the other Party shall make an assignment for the benefit
of its creditors.

6.2.4 Other Termination Rights. In addition to the termination rights set forth
above, either Party may terminate this Agreement upon twelve (12) months prior written notice,
provided that a termination pursuant to this Section 6.2.4 shall not be deemed effective any
earlier than December 31, 2011.

6.2.5 Termination of License Agreement. This Agreement shall automatically terminate
with respect to the relevant portions of the Territory in the event of any termination of the
relevant License Agreement.

	 	 	 
	*	 	The asterisk denotes that confidential portions of this exhibit have been omitted in reliance
on Rule 24b-2 of the Securities Exchange Act of 1934. The confidential portions have been
submitted separately to the Securities and Exchange Commission.

 

- Page 13 -

 

6.3 Effect on License Agreements. Except to the extent specified in the second
sentence of this Section 6.3, the provisions of this Agreement, including without limitation the
provisions of Exhibit A and Exhibit B attached hereto, expressly amend Sections 1.1, 1.2, 2.2, 2.4,
2.5, 3.4, 4.1(iii) through (v), 4.3, 4.4, 5.3, 6.1, 6.2 and 6.3 of the U.S. Agreement and Sections
1.1, 1.2, 2.2, 2.4, 2.5, 3.4, 4.1 (i) through (iii), 4.3, 4.4, 5.3, 6.1, 6.2 and 6.3 of the
International Agreement, such amendments shall survive any termination of this Agreement, and the
Parties hereby ratify the terms of the License Agreements as amended by this Agreement. Upon
termination or expiration of this Agreement other than pursuant to Section 6.2.5, the License
Agreements shall continue in accordance with the terms in effect as amended by this Agreement
except that, notwithstanding the prior sentence, the amendments to Sections 4.1(iii) through 4.1(v)
and Sections 6.1, 6.2 and 6.3 of the U.S. Agreement and
Sections  4.1 (i)   through
4.1 (iii)   and
Sections 6.1, 6.2 and 6.3 of the International Agreement shall each be of no further force or
effect from and after the effective date of termination.

6.4 Effect of Termination. Upon termination of this Agreement by PURCHASER pursuant
to Section 6.2.1, SELLER agrees that the Royalty charged to PURCHASER pursuant to Section 4.1 of
the License Agreements (as defined therein) for any subsequent sales of AHPC Formulaid Products
pursuant to the License Agreements *.

ARTICLE 7. TRADEMARKS

7.1 SELLER’s Trademarks. No license whatsoever, either express or implied, is granted
pursuant to this Agreement to any trademarks or logos owned or controlled by SELLER.

ARTICLE 8. LIMITATION OF LIABILITY

8.1 Indirect Damages. EXCEPT AS SET FORTH IN ARTICLE 9, OR UNLESS CAUSED BY THE
INTENTIONAL MISCONDUCT OR GROSS NEGLIGENCE OF A PARTY, IN NO EVENT SHALL EITHER PARTY BE LIABLE TO
THE OTHER FOR ANY INDIRECT, SPECIAL, INCIDENTAL, CONSEQUENTIAL OR EXEMPLARY DAMAGES ARISING OUT OF
OR IN CONNECTION WITH THIS AGREEMENT, INCLUDING BUT NOT LIMITED TO, LOSS OF PROFITS OR BUSINESS
OPPORTUNITY, WHETHER BASED ON BREACH OF CONTRACT, TORT (INCLUDING NEGLIGENCE) OR ANY OTHER THEORY
UPON WHICH ONE PARTY MAY SEEK REMEDIES AGAINST THE OTHER.

8.2 Maximum Aggregate Liability. EXCEPT FOR LIABILITY WHICH IS THE SUBJECT OF
INDEMNIFICATION AS SET FORTH IN ARTICLE 9, OR UNLESS ARISING FROM THE INTENTIONAL MISCONDUCT OR
GROSS NEGLIGENCE OF A PARTY, NEITHER PARTY’S TOTAL LIABILITY TO THE OTHER PARTY ARISING OUT OF OR
IN CONNECTION WITH THIS AGREEMENT, WHETHER BASED ON BREACH OF CONTRACT OR TORT (INCLUDING
NEGLIGENCE), SHALL EXCEED THE GREATER OF (I) THE TOTAL AMOUNT ACTUALLY PAID TO SELLER BY PURCHASER
IN ACCORDANCE WITH THIS AGREEMENT DURING THE PRIOR CALENDAR YEAR, AND (II) *.

	 	 	 
	*	 	The asterisk denotes that confidential portions of this exhibit have been omitted in reliance
on Rule 24b-2 of the Securities Exchange Act of 1934. The confidential portions have been
submitted separately to the Securities and Exchange Commission.

 

- Page 14 -

 

ARTICLE 9. INDEMNIFICATION

9.1 Indemnity by PURCHASER. PURCHASER shall indemnify, defend and hold harmless
SELLER, SELLER’s Affiliates and its and their directors, officers, employees and agents from and
against all costs, expenses, damages, losses and liabilities (“Losses”) asserted against
them for which SELLER, SELLER’s Affiliates or the directors, officers, employees or agents of
either of them may become liable or incur or be compelled to pay to the extent such Losses result
from (i) the production, Manufacturing, marketing, storage, packaging, importation, distribution,
sale or use of Wyeth Products and/or Growing Up Milk Products that contain Martek Products from and
after the Execution Date, including, without limitation, any product liability claim, (ii) any
gross negligence or intentional wrongdoing of PURCHASER or its Affiliates from and after the
Execution Date in connection with its activities under this Agreement; or (iii) the material breach
by PURCHASER of any of the covenants, representations or warranties contained in this Agreement
from and after the Execution Date; except in each case ((i), (ii) and (iii)) to the extent that any
such Losses are subject to SELLER’s indemnity obligations set forth in Section 9.2 below, as to
which Losses each Party shall indemnify the other to the extent of their respective liability for
such Losses.

9.2 Indemnity by SELLER. SELLER shall indemnify, defend and hold harmless PURCHASER,
PURCHASER’s Affiliates and its and their directors, officers, employees and agents from and against
all Losses asserted against them for which PURCHASER or its officers, employees or agents may
become liable or incur or be compelled to pay to the extent such Losses result from: (i) the
failure of SELLER or its Affiliates to Manufacture the DHA or ARA delivered hereunder in accordance
with the warranty provided in Section 5.1; (ii) any gross negligence or intentional wrongdoing of
SELLER or its Affiliates from and after the Execution Date in connection with its activities under
this Agreement; or (iii) the breach by SELLER of any of the covenants, representations or
warranties contained in this Agreement from and after the Execution Date; except in each case ((i),
(ii) and (iii)) to the extent that any such Losses are subject to SELLER’s indemnity obligations
set forth in Section 9.1 above, as to which Losses each Party shall indemnify the other to the
extent of their respective liability for such Losses.

9.3 Condition to Indemnification. If either Party expects to seek indemnification
under this Article 9 (the “Indemnitee”), it shall promptly give notice to the indemnifying
Party (the “Indemnitor”) of the basis for such claim of indemnification. If
indemnification is sought as a result of any Third Party claim or suit (a “Claim”), the
Indemnitee shall (i) provide the Indemnitor with prompt, written notice of the Claim, which notice
shall include a reasonable identification of the alleged facts giving rise to such Claim; (ii)
grant such Party reasonable authority and control over the defense and settlement of any such
Claim; and (iii) reasonably cooperate with such Party and its agents in defense of any such Claim,
at the Indemnitor’s expense. Each Indemnitee shall have the right to participate in the defense of
any Claim for which Indemnitee seeks to be reimbursed, indemnified, defended, or held harmless, by
using attorneys of such Indemnitee’s choice, at such Indemnitee’s expense, unless (a) the interests
of the Indemnitee and the Indemnitor in the suit conflict in such a manner and to such extent as to
require, consistent with applicable standards of professional responsibility, the retention of
separate counsel for the Indemnitee, in which case, the Indemnitor shall pay for one separate
counsel chosen by the Indemnitee or (b) the Indemnitor shall not have employed attorneys reasonably
satisfactory to the Indemnitee to defend any action within a reasonable time after notice of
commencement of such action. Any settlement of a Claim for which any Indemnitee seeks to be
reimbursed, indemnified, defended, or held
harmless under this Article 9 shall be subject to the prior written approval of such
Indemnitee, which approval shall not be unreasonably withheld, conditioned, or delayed.

	 	 	 
	*	 	The asterisk denotes that confidential portions of this exhibit have been omitted in reliance
on Rule 24b-2 of the Securities Exchange Act of 1934. The confidential portions have been
submitted separately to the Securities and Exchange Commission.

 

- Page 15 -

 

ARTICLE 10. CONFIDENTIALITY

10.1 Confidentiality. All information provided by or on behalf of one Party to the
other Party pursuant to this Agreement or in connection with the transactions contemplated hereby
shall be deemed confidential information of such disclosing Party (“Confidential
Information”); provided that the existence and terms of this Agreement shall constitute
Confidential Information of each Party and the Martek Product Specifications shall constitute
Confidential Information of SELLER. Confidential Information hereunder shall be safeguarded by the
receiving Party and shall not be disclosed to Third Parties and shall be made available only to the
receiving Party’s employees or other agents or contractors who have a need to know such information
for purposes of performing the Party’s obligations, or for purposes of exercising the Party’s
rights, under this Agreement, and such employees or other agents or contractors shall have a legal
obligation to their employer or principal, as applicable, not to disclose such information to Third
Parties or use it for purposes other than as permitted herein. Each Party shall treat, and
PURCHASER shall ensure that its agents and contractors treat, any and all such Confidential
Information in the same manner and with the same protection as such Party maintains its own
Confidential Information. These mutual obligations of confidentiality shall not apply to any
information to the extent that such information: (i) is or later becomes generally available to
the public, such as by publication or otherwise, through no fault of the receiving Party; (ii) is
obtained from a Third Party having the legal right to make such a disclosure without obligations of
confidentiality; or (iii) is independently developed by the receiving Party without access to the
Confidential Information of the disclosing Party. The receiving Party shall not remove from any
communications or other documents delivered by a disclosing Party any proprietary notices affixed
thereto by the disclosing Party.

10.2 Disclosure of Confidential Information. Notwithstanding the foregoing, the
receiving Party may disclose any Confidential Information of the disclosing Party as and to the
extent required by Applicable Law or competent government agency in the Territory, including, but
not limited to, any applicable disclosure requirements under the federal securities laws or
regulations thereunder, provided that in the case of each such disclosure, the receiving Party,
upon the advice of outside counsel, in good faith deems the disclosure necessary to comply with the
foregoing and to the extent practicable and consistent with Applicable Laws, gives reasonable prior
written notice to the disclosing Party and gives the disclosing Party such assistance as the
disclosing Party may reasonably request in order to prevent, challenge, modify or protect such
disclosure or to have confidential treatment accorded to any Confidential Information so disclosed.
For clarity, SELLER shall have the right to file with the U.S. Securities and Exchange Commission
(a) a Current Report on Form 8-K relating to this Agreement; provided, however that SELLER shall
provide PURCHASER with a copy of such proposed filing reasonably in advance of such filing and
shall consider in good faith any comments provided by PURCHASER with respect thereto and (b) a copy
of this Agreement; provided, however, that SELLER shall use reasonable efforts to obtain
confidential treatment of any information set forth in this Agreement for which PURCHASER
reasonably requests in a timely manner that protection be sought, consistent with SELLER’s
disclosure obligations under applicable securities laws. In addition,
SELLER and PURCHASER may disclose the fact and the terms of this Agreement to its attorneys
and accountants without notice to the other Party; provided that such attorneys and accountants are
bound by obligations of confidentiality at least as onerous as those set forth herein.

10.3 Post-Termination Obligations. The mutual confidentiality obligations of the
Parties under the provisions of this Article 10 shall survive the expiration or termination of this
Agreement for a period of ten (10) years from the date thereof. Upon expiration or termination of
this Agreement, each Party shall, upon request, promptly return to the other Party or destroy all
tangible embodiments of Confidential Information of the other Party then in existence, subject to
the permitted retention by such Party of one (1) copy thereof for archival purposes only.

	 	 	 
	*	 	The asterisk denotes that confidential portions of this exhibit have been omitted in reliance
on Rule 24b-2 of the Securities Exchange Act of 1934. The confidential portions have been
submitted separately to the Securities and Exchange Commission.

 

- Page 16 -

 

ARTICLE 11. GENERAL PROVISIONS

11.1 Force Majeure. Neither Party to this Agreement shall be liable for damages due
to delay or failure to perform any obligation under this Agreement, other than an obligation to
make payments, if such delay or failure results directly or indirectly from circumstances beyond
the reasonable control of such Party. Such circumstances shall include, but shall not be limited
to, acts of God, acts of war, acts of terrorism, civil commotions, riots, strikes, lockouts, acts
of the government in its sovereign capacity (other than actions taken as a result of a breach of
this Agreement by such Party), perturbation in telecommunications transmissions, inability to
obtain suitable equipment or components or raw materials, accident, fire, water damages, flood,
earthquake, or other natural catastrophes. If remittance of U.S. Dollars is prevented or impaired
for reasons of force majeure, the Party owing the money shall settle such obligations in the manner
as may be reasonably instructed by the Party to whom the obligation is owed. Should the effect of
force majeure continue for more than six (6) months, the adversely affected Party may terminate
this Agreement without liability (other than for claims arising prior to the effective date of
termination) on thirty (30) days notice to the Party impaired by force majeure given during the
continued occurrence of such force majeure.

11.2 Insurance.

11.2.1 SELLER at its own expense shall procure and maintain in full force and effect at all
times during the Term and for three (3) years thereafter commercial general liability insurance,
including broad form coverage for contractual liability, property damage, products liability and
personal injury liability (including both bodily injury and death), with minimum limits of no less
than Ten Million Dollars ($10,000,000.00) per occurrence and no less than * in the aggregate,
naming as additional insureds PURCHASER and its Affiliates. Upon PURCHASER’s reasonable written
request, SELLER shall deliver to PURCHASER a certificate or certificates of insurance evidencing
satisfactory coverage and indicating that PURCHASER shall receive thirty (30) days unrestricted
prior written notice of cancellation, non-renewal or of any material change in coverage.

11.2.2 PURCHASER at its own expense shall procure and maintain in full force and effect at all
times during the Term and for three (3) years thereafter commercial general liability insurance,
including broad form coverage for contractual liability, property damage, products liability and
personal injury liability (including both bodily injury and death), with minimum
limits of no less than * per occurrence and no less than * in the aggregate, naming as
additional insureds SELLER and SELLER’s Affiliates. Upon SELLER’s reasonable written request,
PURCHASER shall deliver to SELLER a certificate or certificates of insurance evidencing
satisfactory coverage and indicating that SELLER shall receive thirty (30) days unrestricted prior
written notice of cancellation, non-renewal or of any material change in coverage.

	 	 	 
	*	 	The asterisk denotes that confidential portions of this exhibit have been omitted in reliance
on Rule 24b-2 of the Securities Exchange Act of 1934. The confidential portions have been
submitted separately to the Securities and Exchange Commission.

 

- Page 17 -

 

11.2.3 The Parties’ respective obligations to maintain the coverage specified in this Section
11.2 may be satisfied by obtaining insurance from Third Parties, through self insurance or any
combination thereof.

11.3 Dispute Resolution; Consent to Jurisdiction. SELLER and PURCHASER covenant and
agree to use their diligent efforts to resolve any disputes that arise between them in the future
and are related to this Agreement through negotiation and mutual agreement. When either Party
determines that there is a dispute under this Agreement, it shall promptly send written notice of
the dispute to the other Party. The Parties agree that for a period of thirty (30) days from the
sending of such written notice, they shall in good faith negotiate to resolve the dispute; provided
that nothing in this Section 11.3 shall preclude either Party from seeking interim or provisional
relief from a court of competent jurisdiction, including a temporary restraining order, preliminary
injunction or other interim equitable relief, concerning a dispute if necessary to protect the
interests of such Party or to preserve the status quo pending the resolution of such dispute. In
any action to be taken with respect to any such dispute, the Parties agree to submit to the
jurisdiction of the state and federal courts located in Delaware and waive any defense such as
inconvenient forum to the maintenance of any action or proceeding in such courts.

11.4 Notices. Notices required under this Agreement shall be in writing and sent by
registered mail, by facsimile transmission, by nationally recognized overnight courier service, or
by hand delivery, with written verification of receipt and date of receipt, to the respective
Parties at the following addresses:

Notices to SELLER:

Martek Biosciences Corporation

6480 Dobbin Road

Columbia, Maryland 21045

Facsimile: (410) 740-2985

Attn: General Counsel

Notices to PURCHASER:

AHP Manufacturing BV

Trading as Wyeth Nutritionals Ireland

Askeaton, County Limerick, Ireland

Fax: (353) 61 392 440

Attention: General Counsel

With a copy to:

Wyeth

Five Giralda Farms

Madison, NJ 07940

Facsimile: 973-660-7050

Attn: General Counsel

or to such other address as either Party may designate by a notice given in compliance with this
paragraph, and shall be deemed effective when received.

	 	 	 
	*	 	The asterisk denotes that confidential portions of this exhibit have been omitted in reliance
on Rule 24b-2 of the Securities Exchange Act of 1934. The confidential portions have been
submitted separately to the Securities and Exchange Commission.

 

- Page 18 -

 

11.5 Entire Agreement. The terms and provisions contained in this Agreement and its
Exhibits constitute the entire agreement between the Parties on the subject matter hereof and shall
supersede all previous communications, representations, agreements or understandings, either oral
or written, between the Parties hereto with respect to the subject matter hereof. In the event of
any inconsistency between the terms of this Agreement and the License Agreements, the provisions of
this Agreement shall supersede and shall be controlling. No agreement or understanding varying or
extending this Agreement will be binding upon either Party hereto, unless in a writing which
specifically refers to this Agreement, and signed by duly authorized officers or representatives of
the respective Parties. The provisions of this Agreement not specifically amended by any such
further amendment shall remain in full force and effect.

11.6 Assignment.

11.6.1 This Agreement and the rights granted hereunder shall not be assignable, in whole or in
part, by PURCHASER without the prior written consent of SELLER (which consent shall not be
unreasonably withheld or delayed); provided, however, that this prohibition against assignment
shall not apply to and notice shall only be required for (a) an assignment to an Affiliate or (b)
an assignment in connection with the merger or consolidation of PURCHASER or the sale of all or
substantially all of the assets of PURCHASER to which this Agreement relates. This Agreement shall
be binding upon and inure to the benefit of the Parties hereto and their respective successors and
permitted assigns. No person, firm or corporation other than the Parties hereto and their
successors and permitted assigns shall derive rights or benefits under this Agreement.

11.6.2 Prior to or simultaneously with the consummation of a transaction pursuant to which
PURCHASER ceases to be an Affiliate of Wyeth, *.

11.7 Compliance with Law; Regulatory Approval. Each of SELLER and PURCHASER (itself
and on behalf of its Affiliates) covenants and agrees that it shall conduct all of its operations
dealing with any DHA Martek Product or ARA Martek Product provided hereunder, the Growing Up Milk
Products and the Wyeth Products, in material compliance with Applicable Law.

11.8 Records. Each Party covenants and agrees that it will keep true and accurate
records regarding compliance with the terms of this Agreement. Such records shall be made
available upon prior written request by the other Party, during business hours, for inspection by
an independent accountant who is not the auditor of record for the requesting Party, who is
reasonably acceptable to the audited Party and who shall be bound by a confidentiality agreement,
to the extent necessary for the determination of compliance hereunder, and such records shall be
retained for a period of three years following the year to which they relate. The accountant shall
provide the requesting Party with a report containing his or her conclusions, but not the inspected
records or the information contained therein, and shall concurrently provide the audited Party with
such report.

	 	 	 
	*	 	The asterisk denotes that confidential portions of this exhibit have been omitted in reliance
on Rule 24b-2 of the Securities Exchange Act of 1934. The confidential portions have been
submitted separately to the Securities and Exchange Commission.

 

- Page 19 -

 

11.9 Counterparts. This Agreement may be executed in counterparts, each of which
shall be deemed to be an original, but which, taken together, shall be deemed to constitute a
single instrument. Delivery of an executed counterpart of a signature page of this Agreement (and
each amendment, modification and waiver in respect of it) by facsimile or other electronic
transmission shall be as effective as delivery of a manually executed original counterpart of each
such instrument.

11.10 Severability. If any provision of this Agreement is held to be illegal, invalid
or unenforceable under any present or future law (a) such provision shall be fully severable, (b)
this Agreement shall be construed and enforced as if such illegal, invalid or unenforceable
provision had never comprised a part hereof, (c) the remaining provisions of this Agreement shall
remain in full force and effect and shall not be affected by the illegal, invalid or unenforceable
provision or by its severance herefrom, and (d) in lieu of such illegal, invalid or unenforceable
provision, there shall be added automatically as a part of this Agreement a legal, valid and
enforceable provision as similar in terms to such illegal, invalid or unenforceable provision as
may be possible and reasonably acceptable to the Parties herein. Notwithstanding the foregoing,
if, despite any such revision of the relevant provision, the rights or obligations of either Party
under this Agreement are materially and adversely affected, either Party may terminate this
Agreement upon ten (10) days’ prior written notice to the other Party.

11.11 Waiver. No waiver by either Party of any breach of any of the terms or
conditions herein provided to be performed by the other Party shall be construed as a waiver of any
subsequent breach, whether of the same or of any other term or condition hereof. To be enforceable
any waiver must be in writing.

11.12 Construction. Unless the context of this Agreement otherwise requires: (a)
words of any gender include each other gender; (b) words using the singular or plural number also
include the plural or singular number, respectively; (c) the terms “hereof,” “herein,” “hereby” and
derivative or similar words refer to this entire Agreement; (d) the word “or” has the inclusive
meaning represented by the phrase “and/or”; (e) the terms “Article,” “Section,” “Exhibit”, or
“clause” refer to the specified Article, Section, Exhibit, or clause of this Agreement; and (f)
references to any agreement, instrument or other document in this Agreement refer to such
agreement, instrument or other document as originally executed or, if subsequently amended,
replaced or supplemented from time to time, as so amended, replaced or supplemented and in effect
at the relevant time of reference thereto. Whenever this Agreement refers to a number of days,
such number shall refer to calendar days unless business days are specified. The captions of this
Agreement are for convenience of reference only and in no way define, describe, extend, or limit
the scope or intent of this Agreement or the intent of any provision contained in this Agreement.
The language of this Agreement shall be deemed to be the language mutually chosen by the Parties
and no rule of strict construction shall be applied against either Party hereto.

	 	 	 
	*	 	The asterisk denotes that confidential portions of this exhibit have been omitted in reliance
on Rule 24b-2 of the Securities Exchange Act of 1934. The confidential portions have been
submitted separately to the Securities and Exchange Commission.

 

- Page 20 -

 

11.13 Survival. Sections 2.3.3, 2.3.4, 5.2, 6.3, and 6.4, and Articles 4, 8, 9,10 and
11 shall survive the termination or expiration of this Agreement in perpetuity; provided, however,
that Section 11.2 shall survive for only three (3) years following the termination or expiration of
this Agreement.

11.14 Choice of Law. This Agreement shall be construed and the respective rights of
the Parties shall be determined under and pursuant to the laws of the State of Delaware, without
regard to the principles of conflict of laws thereof. The Parties expressly exclude the
applicability of the Convention on Contracts for the International Sale of Goods.

11.15 Relationship between Parties. Neither Party to this Agreement shall have the
power to bind the other in any respect whatsoever, or to incur any debts or liabilities in the name
of or on behalf of the other Party, and for purposes of this Agreement, the Parties hereto hereby
acknowledge and agree that they shall be independent contractors and shall not be deemed partners,
joint venturers, or to have created the relationship of agency or of employer and employee between
the Parties.

11.16 *

	 	 	 
	*	 	The asterisk denotes that confidential portions of this exhibit have been omitted in reliance
on Rule 24b-2 of the Securities Exchange Act of 1934. The confidential portions have been
submitted separately to the Securities and Exchange Commission.

 

- Page 21 -

 

IN WITNESS WHEREOF, this Agreement has been executed by the Parties as of the day and year
first above written.

	 	 	 	 	 	 	 	 	 	 	 
	MARTEK BIOSCIENCES CORPORATION	 	 	 	AHP MANUFACTURING B.V.	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	By: 

	/s/ David Abramson 	 	 	 	By: 	/s/ Ross Brooks 	 	 
	 

	 

	 	 	 	 	 

	 	 
	 

	Name: 	DAVID ABRAMSON 	 	 	 	 	Name: 	ROSS BROOKS 	 	 
	 

	 	 

	 	 	 	 	 	 

	 	 
	 

	Title: 	President 	 	 	 	 	Title: 	Director 	 	 
	 

	 	 

	 	 	 	 	 	 

	 	 
	 

	 	 	 	 	 	By: 	/s/ John C. Kelly 	 	 
	 

	 	 
	 	 	 	 	 

	 	 
	 

	 	 	 	 	 	 	Name: 	JOHN C. KELLY 	 	 
	 

	 	 
	 	 	 	 	 	 

	 	 
	 

	 	 	 	 	 	 	Title: 	Vice President and Managing Director 	 	 
	 

	 	 
	 	 	 	 	 	 

	 	 

	 	 	 
	*	 	The asterisk denotes that confidential portions of this exhibit have been omitted in reliance
on Rule 24b-2 of the Securities Exchange Act of 1934. The confidential portions have been
submitted separately to the Securities and Exchange Commission.

 

- Page 22 -

 

EXHIBIT A

PURCHASE PRICE

During the Term of this Agreement, the pricing provisions set forth below shall amend the License
Agreements by replacing Sections 4.1 (iii) through (v) of the U.S. Agreement and Sections 4.1 (i)
through (iii) of the International Agreement in their entirety. Following termination of this
Agreement by either Party for any reason, such Sections of the License Agreements shall once again
be in full force and effect for transactions occurring after such termination, subject to the
application of Section 6.4 of this Agreement.

1. Purchase Price

The Purchase Price payable by PURCHASER to SELLER for the Martek Product (in oil form) supplied
hereunder during calendar year * which is based on aggregate purchases for *. The Purchase Price
for each subsequent calendar year during the Term shall be calculated as follows:

	 	 	 
	Calendar Year Volume	 	Price per Kilogram of
	(Kilograms)	 	Martek Products
	 	 	 
	*
	 	*
	 	 	 
	*
	 	*
	 	 	 
	*
	 	*
	 	 	 
	*
	 	*

For clarity, volumes of Martek Product purchased hereunder for use in Wyeth Products or Growing Up
Milk Products (but no other volumes purchased under any other agreement or arrangement) shall be
aggregated for purposes of determining whether the pricing bands above have been satisfied.

Pricing for incremental growth over * will be supplied by SELLER if applicable, which pricing will
apply only to the annual volume purchased in excess of *.

The prices set forth above in this Exhibit A may be increased by SELLER with respect to each
calendar year after December 31, 2008, effective as of January 1 of such calendar year, by up to
the amount, if any, equal to the positive difference between (a) the percentage increase in * from
January 1 through December 31 of the immediately preceding calendar year, less (b) *. In the event
that SELLER, pursuant to the prior sentence, is entitled to, but elects not to, take a permitted
price increase for a calendar year that *, SELLER may elect to take such previously untaken price
increase in the calendar year immediately following the calendar year for which such price increase
could have been taken; provided that in no event shall such price
increase apply retroactively. *. SELLER shall notify PURCHASER of whether it will take a price increase permitted in accordance
herewith for any calendar year *.

	 	 	 
	*.	 	 

	 	 	 
	*	 	The asterisk denotes that confidential portions of this exhibit have been omitted in reliance
on Rule 24b-2 of the Securities Exchange Act of 1934. The confidential portions have been
submitted separately to the Securities and Exchange Commission.

 

- Page 23 -

 

EXHIBIT B

ADDITIONAL AMENDMENTS TO LICENSE AGREEMENTS

1. The text of Section 1.1 of each of the License Agreements is hereby deleted in its entirety
and replaced with the following:

““Affiliate” shall mean, with respect to a party hereto, any individual or entity
directly or indirectly controlling, controlled by, or under common control with such party. For
purposes of this definition, “control” means the direct or indirect ownership of more than fifty
(50%) percent of the equity securities of the subject entity entitled to vote in the election of
directors (or, in the case of an entity that is not a corporation, for the election of the
corresponding managing authority), provided, however, that the term “Affiliate” shall not include
subsidiaries or other entities in which a party or its Affiliates owns a majority of the ordinary
voting power necessary to elect a majority of the board of directors or other governing board, but
is restricted from electing such majority by contract or otherwise, until such time as such
restrictions are no longer in effect.”

2. Section 1.2 of each of the License Agreements is hereby amended by replacing the “and”
between “age” and “adapted” in the sixth line to “and/or”.

3. Sections 2.2(i) and 2.2(ii) of each of the License Agreements are hereby deleted in their
entirety, and Sections 2.2(iii) and 2.2(iv) of each of the License Agreements are hereby renumbered
as Sections 2.2(i) and 2.2(ii), respectively.

4. Section 2.4 of each of the License Agreements is hereby deleted in its entirety.

5. Section 2.5 of each of the License Agreements is hereby deleted in its entirety.

6. The text of Section 3.4 of each of the License Agreements is hereby deleted in its entirety
and replaced with the following:

“Termination by Licensee. In addition to the termination rights provided herein,
Licensee may terminate this Agreement upon twelve (12) months prior written notice, provided that a
termination pursuant to this Section 3.4 shall not be deemed effective any earlier than December
31, 2011.”

7. The text of Section 4.3 of each of the License Agreements is hereby deleted in its entirety
and replaced with the following: “Reserved.”

8. Section 4.4 of each of the License Agreements is hereby amended by deleting all language
after the first sentence thereof.

9. The text of Section 5.3 of each of the License Agreements is hereby deleted in its entirety
and replaced with the following: “Reserved.”

	 	 	 
	*	 	The asterisk denotes that confidential portions of this exhibit have been omitted in reliance
on Rule 24b-2 of the Securities Exchange Act of 1934. The confidential portions have been
submitted separately to the Securities and Exchange Commission.

 

- Page 24 -

 

10. The text of Section 6.1 of each of the License Agreements is hereby deleted in its
entirety and replaced with the following:

“Compliance with Law; Regulatory Approval. Each of SELLER and PURCHASER (itself and
on behalf of its Affiliates) covenants and agrees that it shall conduct all of its operations
dealing with the Technology, any DHA or ARA provided hereunder, the Growing Up Milk Products and
the Wyeth Products, in material compliance with all applicable laws, regulations and other
requirements which may be in effect from time to time, of all national governmental authorities,
and of all states, municipalities and other political subdivisions and agencies thereof, including,
without limiting the generality of the foregoing, the Federal Food, Drug, and Cosmetic Act, the
regulations and other requirements of the United States Food and Drug Administration, similar state
laws and regulations or similar laws and other requirements in the Territory, including any and all
amendments, as may be applicable in any jurisdiction in the Territory in which relevant Martek
Products, Growing Up Milk Products or Wyeth Products, as applicable, are Manufactured or sold. It
shall be Licensee’s, and not Licensor’s, responsibility to secure any regulatory approvals in the
Territory that may be necessary in connection with exercise by Licensee of the rights granted under
this Agreement, and in connection therewith, Licensee shall not intentionally impair Licensor’s
ability to obtain any regulatory approval of any Martek Products by the competent governmental
authorities in any Territory.”

11. The text of Section 6.2 of each of the License Agreements is hereby deleted in its
entirety and replaced with the following:

“Performance and Product Quality. Licensee covenants and agrees that it and its
Affiliates shall exercise a reasonable standard of care and quality control in the testing,
manufacturing, marketing, packaging, distribution and sale of each AHPC Formulaid Product.
Licensee further covenants and agrees that it and its Affiliates shall maintain quality control,
provide adequate tests of materials, provide quality workmanship, and do such other things as are
reasonably required to assure high quality production of such AHPC Formulaid Products.”

12. The text of Section 6.3 of each of the License Agreements is hereby deleted in its
entirety and replaced with the following:

“Records. Each party covenants and agrees that it will keep true and accurate records
regarding compliance with the terms of this Agreement. Such records shall be made available upon
prior written request by the other party, during business hours, for inspection by an independent
accountant who is not the auditor of record for the requesting party, who is reasonably acceptable
to the audited party and who shall be bound by a confidentiality agreement, to the extent necessary
for the determination of compliance hereunder, and such records shall be retained for a period of
three years following the year to which they relate. The accountant shall provide the requesting
party with a report containing his or her conclusions, but not the inspected records or the
information contained therein, and shall concurrently provide the audited party with such report.”

	 	 	 
	*	 	The asterisk denotes that confidential portions of this exhibit have been omitted in reliance
on Rule 24b-2 of the Securities Exchange Act of 1934. The confidential portions have been
submitted separately to the Securities and Exchange Commission.

 

- Page 25 -

 

EXHIBIT C

MARTEK PRODUCT SPECIFICATIONS

[follow]

	 	 	 
	*	 	The asterisk denotes that confidential portions of this exhibit have been omitted in reliance
on Rule 24b-2 of the Securities Exchange Act of 1934. The confidential portions have been
submitted separately to the Securities and Exchange Commission.

 

- Page 26 -

 

ARASCO®   Product Specifications

General Characteristics

	 	 	 
	Description:

	 	Vegetable oil from fungus, containing approximately 40% arachidonic acid (ARA)
	Appearance:

	 	Free flowing, clear, light yellow liquid oil (triglyceride)
	Aroma:

	 	Characteristic
	Ingredients:

	 	Oil from fungus *
	Antioxidants:

	 	*

	 	 	 
	Chemical Characteristics	 	Specification
	 
	 	 
	Arachidonic Acid

*

	 	380 – 420 mg/g
	Free Fatty Acid

*

	 	max 0.45 %

	 	 	 
	Elemental Composition	 	Specification
	 
	 	 
	*

	 	 

	 	 	 
	Fatty Acid Profile, Area %	 	Specification
	 
	 	 
	*

	 	 

General Ingredients

	 	 	 
	Contaminants:

	 	Free from contaminants that would render it unfit for use in food or infant formula including pesticides, PCBs,
PAH, dioxins, heavy metals, mycotoxins, radioactivity, nitrates, nitrites, allergens, residual solvents inhibitory
substances, and materials derived from genetically modified organisms.
	 
	 	 
	Ingredients:

	 	*

Product Storage, Stability and Handling

	 	 	 	 	 
	Vacuum packed bags

	 	78oF (25oC)
	 	*
	 

	 	50oF (10oC)
	 	*

The oil should be protected from exposure to oxygen, light, and elevated temperatures (> 30oC).

Once a container of oil is opened, use entire contents immediately. However, if it is not possible
to use the entire amount at one time, the remainder may be nitrogen purged and stored refrigerated
at 10oC.

	 	 	 
	*	 	The asterisk denotes that confidential portions of this exhibit have been omitted in reliance
on Rule 24b-2 of the Securities Exchange Act of 1934. The confidential portions have been
submitted separately to the Securities and Exchange Commission.

 

- Page 27 -

 

DHASCO®  Product Specifications

General Characteristics

	 	 	 
	Description:

	 	Vegetable oil from microalgae, containing approximately 40% docosahexaenoic acid (DHA)
	Appearance:

	 	Free flowing, clear, light yellow to dark orange liquid oil (triglyceride)
	Aroma:

	 	Characteristic
	Ingredients:

	 	Oil from algae *
	Antioxidants:

	 	*

	 	 	 
	Chemical Characteristics	 	Specification
	 
	 	 
	Docosahexaenoic Acid

*

	 	380 – 420 mg/g
	Free Fatty Acid

*

	 	max 0.45 %

	 	 	 
	Elemental Composition	 	Specification
	 
	 	 
	*

	 	 

	 	 	 
	Fatty Acid Profile, Area %	 	Specification
	 
	 	 
	*

	 	 

General Ingredients

	 	 	 
	Contaminants:

	 	Free from contaminants that would render it unfit for use in food or infant formula including pesticides, PCBs,
PAH, dioxins, heavy metals, mycotoxins, radioactivity, nitrates, nitrites, allergens, residual solvents inhibitory
substances, and materials derived from genetically modified organisms.
	 
	 	 
	Ingredients:

	 	*

Product Storage, Stability and Handling

	 	 	 	 	 
	Vacuum packed bags

	 	78oF (25oC)
	 	*
	 

	 	50oF (10oC)
	 	*

The oil should be protected from exposure to oxygen, light, and elevated temperatures (> 30oC).

Once a container of oil is opened, use entire contents immediately. However, if it is not possible
to use the entire amount at one time, the remainder may be nitrogen purged and stored refrigerated
at 10oC.

	 	 	 
	*	 	The asterisk denotes that confidential portions of this exhibit have been omitted in reliance
on Rule 24b-2 of the Securities Exchange Act of 1934. The confidential portions have been
submitted separately to the Securities and Exchange Commission.

 

- Page 28 -

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