Document:

Employment Offer Letter

 Exhibit 10.36 

 

			
	

	  	 10182 Telesis Court | San Diego CA | 92121
 Tel 858.964.3800 | Fax 858.876.1682
 www.theactivenetwork.com

 REVISED OFFER LETTER 
  

					
	 May 4, 2011
	  	 	Personal and Confidential	  

 Darko Dejanovic 

901 Brickell Key Blvd. #3408 
 Miami, FL 33131

 Dear Darko: 
 It is with great
pleasure that we present to you this offer of employment with The Active Network, Inc. (the “Company”) on the following terms and conditions: 
  

	 	1.	Position: You will become the Chief Technology, Product and Innovation Officer of the Company, reporting to Matt Landa, President. As a section 16b executive
officer, you will have such responsibilities as determined by the President, Chief Executive Officer or Board of Directors (the “Board”) of the Company. 

 

	 	2.	Start Date: As per our agreement, your employment with the Company will commence no later than July 2011. Please confirm your anticipated start date as indicated
at the end of this letter. 

  

	 	3.	Base Salary: You will be paid a bi-weekly salary of $15,384.61 ($400,000 on an annualized basis). Your salary will be payable in accordance with the
Company’s standard payroll policies (subject to normal required withholding). You will receive the standard benefits package offered by the Company to its employees and four weeks of annual PTO accrual commencing your date of hire.

  

	 	4.	Bonus Plan: You will participate in the annual incentive plan (AIP) at a target level of up to seventy five percent (75%) of your annual base salary based
on the achievement of certain company and individual performance metrics as determined by the Board. Full plan details will be available upon hire and the Company has the sole discretion to amend and/or cancel this bonus plan at any time.

  

	 	5.	Relocation Benefits. You will be based in Florida the first year of your employment. Upon your relocation to San Diego, Active will pay for the movement of your
household goods, to include the transportation of 2 automobiles. Active will also pay for the airfare for your family’s flight to San Diego. 

  

	 	6.	Stock and/or Options: 

  

	 	a.	 Time Based Restricted Stock Units: Upon your date of hire, and subject to the requirements of the relevant securities laws, the Company shall
issue you 300,000 restricted stock units pursuant to the Company’s standard form that vest ratably in annual  1/4 increments over four years on each of the 4 anniversaries of your start date (in 2012, 2013, 2014, 2015). 

 

	 	b.	 Performance-Based Restricted Stock Units: Upon your date of hire, and subject to the requirements of the relevant securities laws, the Company
shall issue you 50,000 

  
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performance-based restricted stock units, contingent on the achievement of pre-established Company and individual performance goals established at the time of grant upon commencement of
employment. 50% of the RSUs vest in 2013 (2 years after date of grant) if performance goals are met with the remaining vesting in 2015 (4 years after date of grant) if performance goals are met - each considered separate 2 year performance periods
(2011 – 2013, 2013 – 2015). 

  

	 	7.	Car Allowance: You will receive a monthly car allowance in the gross amount of $2,083 per month. 

 

	 	8.	Retention Agreement: You will receive Active’s Executive Retention Agreement, in substantially the same form as Attachment 1. 

 

	 	9.	Benefits: You will be eligible to participate in the group health plans and other benefits that the company provides to comparable employees. In addition, you
will participate in any company-approved paid time off (PTO), 401(k) Plan, and disability insurance in accordance with Company practices, details of which will be provided after joining the company. The health insurance benefits are effective as of
the first of the month following your date of employment. You may also begin participating in the 401(k) Plan as early as the first pay period commencing after the first of the month following your date of hire. 

 

	 	10.	Standard Employee Agreements: You will be required to sign the Company’s standard confidentiality agreement relating to protection of the Company’s
proprietary and confidential information and assignment of inventions. In addition, you will abide by the Company’s strict policy that prohibits any new employee from using or bringing with him or her from a previous employer any confidential
information, trade secrets, or proprietary materials or processes of such former employer. You also agree to abide by the Company’s policies and procedures, including but not limited to those set forth in the Employee Handbook. You will be
required to sign the receipt on the last page of the Handbook. 

  

	 	11.	At-Will Employment: As an at-will employer, the Company cannot guarantee employment for any specific duration. You are free to quit, and the company is entitled
to terminate your employment at any time, with or without cause or prior warning. This provision can only be changed or revoked in a formal written contract signed by the CEO, and cannot be changed by any express or implied agreement based on
statements or actions by any employee or supervisor. Even though your job duties, title, compensation, and benefits, as well as the Company’s personnel policies and procedures, may change from time to time during your tenure, the
“at-will” nature of your employment is one aspect which may not be changed, except in an express writing signed by the Chief Executive Officer of the Company. 

 

	 	12.	Miscellaneous: It will be necessary for you to provide proof of your identity and authorization to work in the United States as required by federal immigration
laws. In addition, you will be required to complete an Application form, if you haven’t already, and the necessary tax and benefit enrollment forms upon starting employment. This offer is also contingent upon the satisfactory completion of
reference checks. 

  

	 	13.	Entire Agreement. This letter, along with your Employee Proprietary Information and Inventions Agreement, Arbitration Agreement, and Retention Agreement
constitute the entire agreement between the parties and supersedes all other agreements or understandings. By signing this letter you acknowledge that you are not relying on any promises or representations that are not contained in this letter. This
Agreement can only be modified or amended by a subsequent written agreement signed by you and an authorized officer of the Company. 

  
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	 	14.	California Law. This Agreement shall be governed by the laws of the State of California and shall be construed in accordance therewith. 

 

	 	15.	No Waiver. No provision of this Agreement may be waived except by an agreement in writing signed by the waiving party. A waiver of any term or provision shall
not be construed as a waiver of any other term or provision. 

  

	 	16.	Amendment. This Agreement may be amended, altered, or revoked at any time, in whole or in part, by a written instrument setting forth such changes, signed by all
parties. 

  

	 	17.	Binding Effect. This Agreement shall be binding upon the parties, their heirs, personal representatives, successors and permitted assigns.

  

	 	18.	Severability. If any provision of this Agreement is declared by any court of competent jurisdiction to be invalid for any reason, such invalidity shall not
affect the remaining provisions, which shall be fully severable and the Agreement shall be construed and enforced as if such invalid portion had never been included. 

 

	 	19.	Assignment. Neither this Agreement, nor any part hereof, shall be assigned by you without the Company’s express written consent. 

 

	 	20.	Notices. All notices required to be given pursuant to this Agreement shall be made in writing either by personal delivery to the party requiring notice, or by
mailing such notice by certified mail, return receipt requested, to the last known address of the party requiring notice as evidenced by the records of Company. The effective date of the notice, if mailed, shall be the third day after the date of
the postmark, whether the receipt of delivery is receipted for or not by the recipient of the notice. 

 To confirm that you agree
to the terms stated in this letter, please sign and date the enclosed copy of the letter and return it to Human Resources no later than Friday May 6th, 2011. You may fax a copy of the signed offer letter to HR at 858-876-1682 or email a scanned
copy to Shirley.ng@activenetwork.com. 
 Darko, we hope you feel as we do that the future of The Active Network is dependent upon the
capabilities and skills of the people who work for us. We believe you will be a valuable addition to our Executive Team and would like for you to participate on this amazing adventure that we’ve begun. We look forward to your favorable reply
and to a mutually rewarding working relationship. 
 Sincerely, 
 Sheryl Roland 
 Executive Vice President, Human Resources 

ACKNOWLEDGEMENT: 
 I acknowledge
and agree to the terms stated in this letter. 
  

  
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	 /s/    Darko Dejanovic
	  	Date Signed:	  	 5/4/11
	  	
	Darko Dejanovic	  		  		  	

  
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 7/27/11 
 Offer Letter Addendum 
 The following are updates to your written offer letter dated
5/4/11: 
  

	 	1.	Start Date – Your start date will commence in August 2011. 

  

	 	2.	Stock – Your stock allocation will be re-calculated based on the average closing price for the 10 business days prior to your start date to ensure the total dollar
value provided you upon hire (based on the average closing price for the 10 business days prior) is $7.7M. Any increase in stock that may result, as compared to the original employment offer, will be applied on a pro-rated basis to your Time Based
Restricted Stock Units and Performance Based Restricted Stock Units. 

 ACKNOWLEDGEMENT: 

I acknowledge and agree to the revised terms stated in this addendum. 

 

											
	Start Date:	 	 8/29/11
	 		  		  		  	
				
	 /s/    Darko Dejanovic
	  	Date Signed:	  	 7/27/11
	  	
	Darko Dejanovic	  		  		  	

  
 5Retention Agreement

 Exhibit 10.37 
 RETENTION AGREEMENT 
 4.29.11 

This RETENTION AGREEMENT (the “Agreement”) is made and entered into
as of the Effective Date (as defined below), by and between The Active Network, Inc. (the “Company”), and Darko Dejanovic (the “Employee”). This Agreement shall become effective and binding on the Parties (as
defined below) as of the start date (the “Effective Date”) of Employee’s employment with the Company. The Company and the Employee are hereinafter collectively referred to as the “Parties”, and individually
referred to as a “Party”. 
 RECITAL 

The Employee and the Company desire to agree to the terms and conditions set forth herein in the event of the termination of the Employee
or a “Change of Control” (as defined below). 
 AGREEMENT 

In consideration of the foregoing Recital and the mutual promises and covenants herein contained, and for other good and valuable
consideration, the Parties, intending to be legally bound, agree as follows: 
 1. TERMINATION /
CHANGE OF CONTROL. 
 1.1 Termination Before or After a Change of
Control. The Employee’s employment with the Company may be terminated before or after a Change of Control under the following conditions: 
 1.1.1 Termination for Death or Disability. The Employee’s employment with the Company shall terminate effective upon the date of the Employee’s death or “Complete
Disability” (as defined below). 
 1.1.2 Termination by the Company For Cause. The Company may terminate
the Employee’s employment under this Agreement for “Cause” (as defined below). Any notice of termination given pursuant to this Section 1.1.2 shall effect termination as of the date specified, or, in the event no such date
is specified, on the date upon which the notice is given. 
 1.1.3 Termination by the Company Without Cause. The
Employee’s employment by the Company shall be at will. The Company may terminate the Employee’s employment under this Agreement at any time, for any or no reason and with or without Cause or advance notice. Although the Employee’s
duties, title, compensation and benefits may change, the at will nature of his employment relationship may only be modified in an express written agreement signed by the Employee and the Company’s Chief Executive Officer. 

  
 1. 

 1.1.4 Termination by Employee. The Employee may resign and terminate his
employment at any time with or without “Good Reason” (as defined below). 
 1.2 Termination by Mutual
Agreement of the Parties. The Employee’s employment pursuant to this Agreement may be terminated at any time upon a mutual agreement in writing of the Parties. Any such termination of employment shall have the consequences specified in such
writing. 
 1.3 Compensation Upon Termination Prior to a Change of Control. 

1.3.1 Death or Complete Disability. If the Employee’s employment shall be terminated by death or Complete Disability
as provided in Section 1.1.1, Company shall (i) pay to the Employee, and/or the Employee’s heirs or estate, the Employee’s base salary and accrued and unused vacation benefits earned through the date of termination at the rate in
effect at the time of termination, less standard deductions and withholdings, (ii) pay to the Employee, and/or the Employee’s heirs or estate, “Severance” (as defined below) for a period of one year from the date of such
termination, (iii) the vesting and/or exercisability of each of the Employee’s outstanding Stock Awards shall be automatically accelerated on the date of termination as to the number of Stock Awards that would vest over the twelve
(12) month period following the date of termination had the Employee remained continuously employed by the Company during such period, and (iv) the Employee’s Stock Awards shall remain exercisable by the Employee and/or
Employee’s heirs or estate for a period of one (1) year following the date of termination or such shorter maximum period as will not result in adverse tax consequences to the Employee and/or the Employee’s heirs or estate under
Section 409A of the Internal Revenue Code of 1986, as amended (the “Code”), and the Treasury Regulations thereunder. 
 1.3.2 With Cause / Without Good Reason. If the Employee’s employment shall be terminated by the Company for Cause, or if the Employee terminates his employment hereunder without Good
Reason, the Company shall pay the Employee’s base salary and accrued and unused vacation benefits earned through the date of termination at the rate in effect at the time of termination, less standard deductions and withholdings, and the
Company shall thereafter have no further obligations to the Employee under this Agreement. 
 1.3.3 Without Cause /
With Good Reason. If at any time the Company terminates the Employee’s employment without Cause, or if the Employee terminates his employment hereunder with Good Reason, the Company shall (i) pay the Employee’s base salary and
accrued and unused vacation benefits earned through the date of termination at the rate in effect at the time of termination, less standard deductions and withholdings, (ii) pay to the Employee Severance for a period of one year from the date
of termination, (iii) the vesting and/or exercisability of each of the Employee’s outstanding Stock Awards shall be automatically accelerated on the date of termination as to the number of Stock Awards that would vest over the twelve
(12) month period following the date of termination had the Employee remained continuously employed by the Company during such period, and (iv) the Employee’s Stock Awards shall remain exercisable by the Employee for a period of one
(1) year following the date of termination or such shorter maximum period as will not result in adverse tax consequences to the Employee under Section 409A of the Code and the Treasury Regulations thereunder.

  
 2. 

 
Notwithstanding the foregoing, Employee shall not be entitled to the compensation and benefits set forth under Section 1.3.3(ii), 1.3.3(iii) and 1.3.3(iv) unless and until Employee complies
with the provisions of Section 1.3.4 below. 
 1.3.4 Release. Prior to the payment of any benefits under Sections
1.3.3(ii), 1.3.3(iii) and 1.3.3(iv) of this Agreement, Employee will be required to execute a release (the “Release”) in the form attached hereto and incorporated herein as Appendix A. Such Release will specifically relate to all of
Employee’s rights and claims in existence at the time of the execution thereof and will confirm Employee’s obligations under the Company’s standard form of employee confidentiality and inventions agreement. As specified in the
applicable Release, Employee will have a certain number of calendar days to consider whether to execute such Release, and Employee may revoke such Release within seven (7) calendar days after execution, if applicable. Employee must execute the
Release and not revoke the Release in order to be entitled to benefits under this Agreement. Employee’s “Release Effective Date” will be the later of (i) the day upon which Employee executes the Release or (ii) the day upon
which the seven (7) day revocation period applicable to such Release, if any, expires without a revocation of such Release by Employee. Employee’s Release Effective Date must be within fifty-five (55) days following the date of
Employee’s termination of employment. If Employee’s Release Effective Date does not occur within fifty-five (55) days of Employee’s termination of employment, Employee will not be entitled to benefits under this Agreement.

 1.4 Compensation Upon Termination After a Change of Control. Employee’s compensation upon termination
after a Change of Control shall be identical to the compensation provided under the various scenarios described in Sections 1.3.1, 1.3.2 and 1.3.3 (including the condition set forth in the last sentence of Section 1.3.3. 

1.5 Definitions. For purposes of this Agreement, the following terms shall have the following meanings: 

1.5.1 Complete Disability. “Complete Disability” shall mean the inability of the Employee to perform the
Employee’s duties under this Agreement because the Employee has become permanently disabled within the meaning of any policy of disability income insurance covering employees of the Company then in force. In the event the Company has no policy
of disability income insurance covering employees of the Company in force when the Employee becomes disabled, the term “Complete Disability” shall mean the inability of the Employee to perform the Employee’s duties under this
Agreement by reason of any incapacity, physical or mental, which the Company’s Board of Directors, based upon medical advice or an opinion provided by a licensed physician acceptable to the Company’s Board of Directors, determines to have
incapacitated the Employee from satisfactorily performing all of the Employee’s usual services for the Company for a period of at least eighty (80) days during any twelve (12) month period (whether or not consecutive). Based upon such
medical advice or opinion, the determination of the Company’s Board of Directors shall be final and binding and the date such determination is made shall be the date of such Complete Disability for purposes of this Agreement. 

  
 3. 

 1.5.2 Change of Control. “Change of Control” shall be deemed to have
occurred as a result of any of the following transactions: (i) a merger or consolidation (or a series of mergers and consolidations over any 12 month period) in which securities possessing more than fifty percent (50%) of the total
combined voting power of the Company’s outstanding securities are transferred to a person or persons different from the persons holding those securities immediately prior to such transaction (or series of transactions), (ii) the sale,
transfer or other disposition of all or substantially all of the Company’s assets to another entity or in complete liquidation or dissolution of the Company, or (iii) any transaction that causes any single shareholder (or group of
affiliated shareholders) of the Company to own more than 50% of the combined voting power of the Company’s outstanding securities or to control more than 50% of the Company’s Board of Directors. 

1.5.3 Severance. “Severance” shall mean payment by the Company for the applicable severance period of
(i) Employee’s base salary at the rate in effect at the time of termination payable in semi-monthly payments and in accordance to the Company’s customary payroll practices; plus (ii) provided that the Employee elects continued
coverage under the Consolidated Omnibus Budget Reconciliation Act of 1985, as amended (“COBRA”), the Company shall reimburse the Employee for the COBRA premiums for the Employee’s continued group health insurance coverage,
including coverage for the Employee’s eligible dependents; provided, however, that the Company shall reimburse the Employee for premiums for the Employee’s eligible dependents only for coverage for which those eligible dependents
were enrolled immediately prior to the date of termination; provided, further, that the Employee shall be solely responsible for all matters relating to his continuation of coverage pursuant to federal COBRA law, including, without
limitation, the election of such coverage and the timely payment of premiums; provided, further, that no premium reimbursements will be made following the effective date of the Employee’s coverage by a health insurance plan of a
subsequent employer plus (iii) an amount equal to the Employee’s target annual bonus for the fiscal year during which the date of termination occurs, with such bonus determined assuming that all of the performance objectives for such
fiscal year have been attained, prorated based on the number of days during such fiscal year the Employee was employed by the Company (to be paid at the same time as other members of Company’s executive management team are paid bonuses for such
fiscal year). 
 1.5.4 Good Reason. “Good Reason” for the Employee to terminate the Employee’s
employment hereunder shall mean the occurrence of any of the following events: (i) a change in the location of the Employee’s place of employment as of the date of this Agreement by more than thirty (30) miles, (ii) a reduction
in Employee’s base salary, or (iii) a change in Employee’s position with the Company which materially reduces his duties and responsibilities; provided and only if such change, reduction or relocation is effected by the Company
without Employee’s consent. 
 1.5.5 Stock Awards. “Stock Awards” shall mean all stock options,
restricted stock and such other awards granted pursuant to the Company’s stock option and equity incentive award plans or agreements and any shares of stock issued upon exercise thereof. 

  
 4. 

 1.5.6 Cause. “Cause” for the Company to terminate the
Employee’s employment hereunder shall mean the occurrence of any of the following events, as reasonably determined by a majority of the Company’s Board of Directors: 

(i) The Employee’s persistent and willful failure to substantially perform assigned duties (so long as such duties are
reasonably within the scope of Employees position and title) with the Company, or any successor thereof, after written notice of any such failure is provided to the Employee and the Employee has been given a reasonable opportunity to cure such
failure; 
 (ii) The Employee’s excessive absence from work for reasons other than mental or physical disability or
accrued vacation; 
 (iii) The Employee’s intentional and gross misconduct that adversely affects the business
affairs or prospects of the Company in a material manner; 
 (iv) The Employee’s conviction of, or plea of guilty
or no contest to a crime that is fraud, embezzlement or a felony under the laws of the United States or any state thereof; and 

(v) The Employee’s engaging in or in any manner participating in, any activity which is directly competitive with or
injurious to the Company or any of its affiliates or which violates any material provision of his Employee Proprietary Information and Inventions Agreement. 
 1.6 Termination of Benefits. Benefits under this Agreement shall terminate immediately if the Employee, at any time, violates any proprietary information or confidentiality obligation to the
Company, including, without limitation, the obligations under his Employee Proprietary Information and Inventions Agreement. 

1.7 Mitigation. Except as otherwise specifically provided herein, the Employee shall not be required to mitigate damages or the
amount of any payment provided under this Agreement by seeking other employment or otherwise, nor shall the amount of any payment provided for under this Agreement be reduced by any compensation earned by the Employee as a result of employment by
another employer or by any retirement benefits received by the Employee after the date of termination. 
 2.
ASSIGNMENT AND BINDING EFFECT. 
 This Agreement shall be binding
upon and inure to the benefit of the Employee and the Employee’s heirs, executors, personal representatives, assigns, administrators and legal representatives. Because of the unique and personal nature of the Employee’s duties under this
Agreement, neither this Agreement nor any rights or obligations under this Agreement shall be assignable by the Employee. This Agreement shall be binding upon and inure to the benefit of the Company and its successors, assigns and legal
representatives. 

  
 5. 

 3. CHOICE OF LAW. 

This Agreement is made and intended to be performed primarily within the state of California. This Agreement shall be construed and
interpreted in accordance with the internal laws of the State of California (without giving effect to principles of conflicts of laws). 
 4. INTEGRATION. 
 This Agreement, including the exhibits
hereto, contains the complete, final and exclusive agreement of the Parties relating to the subject matter hereof and supersedes all prior and contemporaneous oral and written agreements or arrangements between the Parties with respect to severance
benefits to the Employee in the event of employment termination. Notwithstanding anything herein to the contrary, this Agreement shall not supersede any indemnification agreement between the Employee and the Company. 

5. AMENDMENT. 
 This Agreement cannot be amended or modified except by a written agreement signed by the Employee and the Company’s Chief Executive Officer. 

6. WAIVER. 
 No term, covenant or condition of this Agreement or any breach thereof shall be deemed waived, except with the written consent of the Party against whom the wavier is claimed, and any waiver or any such
term, covenant, condition or breach shall not be deemed to be a waiver of any preceding or succeeding breach of the same or any other term, covenant, condition or breach. 
 7. SEVERABILITY. 
 The finding by a court of competent
jurisdiction or other authorized body of the unenforceability, invalidity or illegality of any provision of this Agreement shall not render any other provision of this Agreement unenforceable, invalid or illegal. The invalid or unenforceable term or
provision shall be modified or replaced with a valid and enforceable term or provision which most accurately represents the Parties’ intention with respect to the invalid or unenforceable term or provision. 

8. INTERPRETATION; CONSTRUCTION. 

The headings set forth in this Agreement are for convenience of reference only and shall not be used in interpreting this Agreement. This
Agreement has been drafted by legal counsel representing the Company, but the Employee has been encouraged to consult with, and has consulted with, Employee’s own independent counsel and tax advisors with respect to the terms of this Agreement.
The Parties acknowledge that each Party and its counsel has reviewed and revised, or had an opportunity to review and revise, this Agreement, and any rule of construction to the effect that any ambiguities are to be resolved against the drafting
party shall not be employed in the interpretation of this Agreement. 

  
 6. 

 9. REPRESENTATIONS AND WARRANTIES.

 The Employee represents and warrants that the Employee is not restricted or prohibited, contractually or otherwise, from
entering into and performing each of the terms and covenants contained in this Agreement, and that the Employee’s execution and performance of this Agreement will not violate or breach any other agreements between the Employee and any other
person or entity. Executive acknowledges that he has previously executed and delivered to an officer of the Company the Company’s Employee Proprietary Information and Inventions Agreement and that such agreement remains in full force and
effect. 
 10. COUNTERPARTS. 
 This Agreement may be executed in two counterparts, each of which shall be deemed an original, all of which together shall contribute one and the same instrument. 

11. CODE SECTION 409A. 
 This Agreement shall be interpreted, construed and administered in a manner that satisfies the requirements of Sections 409A of the Code and the Treasury Regulations thereunder, and any payment scheduled
to be made hereunder that would otherwise violate Section 409A of the Code and the Treasury Regulations thereunder shall be delayed to the extent necessary for this Agreement and such payment to comply with Section 409A of the Code and the
Treasury Regulations thereunder. 
 12. NOTICES. 

Any notices provided hereunder must be in writing, and such notices or any other written communication shall be deemed effective upon the
earlier of personal delivery (including personal delivery by facsimile) or the third day after mailing by first class mail to the Company at its primary office location and to the Employee at the Employee’s address as listed in the
Company’s payroll records. Any payments made by the Company to the Employee under the terms of this Agreement shall be delivered to the Employee either in person or at the address as listed in the Company’s payroll records. 

13. TAXES. 
 All compensation payable to Executive hereunder shall be subject to applicable tax withholding. 
 * * * * 

  
 7. 

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

					
	 COMPANY: The Active Network, Inc.
	 	
			
	 By:
	 	 /s/ Matthew Landa
	 	
			
	 Print:
	 	 Matthew Landa
	 	
			
	 Title:
	 	 President
	 	
		
	 EMPLOYEE:
	 	
			
	Print:	 	 Darko Dejanovic
	 	
			
	 Sign:
	 	 /s/ Darko Dejanovic
	 	

  
 8.

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