Document:

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                                                                  EXHIBIT 10.7

                               REGISTER.COM, INC.
                          EMPLOYEE STOCK PURCHASE PLAN

I.       PURPOSE OF THE PLAN

         This Employee Stock Purchase Plan is intended to promote the interests
of Register.com, Inc., a Delaware corporation, by providing eligible employees
with the opportunity to acquire a proprietary interest in the Corporation
through participation in a payroll-deduction based employee stock purchase plan
designed to qualify under Section 423 of the Code.

         Capitalized terms herein shall have the meanings assigned to such terms
in the attached Appendix.

II.      ADMINISTRATION OF THE PLAN

         The Plan Administrator shall have full authority to interpret and
construe any provision of the Plan and to adopt such rules and regulations for
administering the Plan as it may deem necessary in order to comply with the
requirements of Section 423 of the Code. Decisions of the Plan Administrator
shall be final and binding on all parties having an interest in the Plan.

III.     STOCK SUBJECT TO PLAN

         A. The stock purchasable under the Plan shall be shares of authorized
but unissued or reacquired Common Stock, including shares of Common Stock
purchased on the open market. The maximum number of shares of Common Stock which
may be issued in the aggregate under the Plan shall not exceed Three Hundred
Fifty Thousand (350,000) shares.

         B. The number of shares of Common Stock available for issuance under
the Plan shall automatically increase on the first trading day of January each
calendar year during the term of the Plan, beginning with calendar year 2001, by
an amount equal to 0.25% percent of the total number of shares of Common Stock
outstanding on the last trading day in December of the immediately preceding
calendar year, but in no event shall any such annual increase exceed One
Hundred Forty Thousand (140,000) shares.

         C. Should any change be made to the Common Stock by reason of any stock
split, stock dividend, recapitalization, combination of shares, exchange of
shares or other change affecting the outstanding Common Stock as a class without
the Corporation's receipt of consideration, appropriate adjustments shall be
made to the maximum number and class of securities issuable in the aggregate
under the Plan, (ii) the maximum number and class of securities by which the
share reserve is to increase automatically each calendar year, (iii) the maximum
number and class of securities purchasable per Participant and in the aggregate
on any one Purchase Date and (iv) the number and class of securities and the
price per share in effect under each outstanding purchase right in order to
prevent the dilution or enlargement of benefits thereunder.

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IV.      OFFERING PERIODS

         A. Shares of Common Stock shall be offered for purchase under the Plan
through a series of successive offering periods until such time as (i) the
maximum number of shares of Common Stock available for issuance under the Plan
shall have been purchased or (ii) the Plan shall have been sooner terminated.

         B. Each offering period shall be of such duration (not to exceed
twenty-four (24) months) as determined by the Plan Administrator prior to the
start date of such offering period. However, the initial offering period shall
commence at the Effective Time and terminate on the last business day in October
2001. Subsequent offering periods shall commence as designated by the Plan
Administrator.

         C. Each offering period shall be comprised of a series of one or more
successive Purchase Intervals. Purchase Intervals shall run from the first
business day in May each year to the last business day in October of the same
year and from the first business day in November each year to the last business
day in April of the following year. However, the first Purchase Interval in
effect under the initial offering period shall commence at the Effective Time
and terminate on the last business day in April 2000.

         D. Should the Fair Market Value per share of Common Stock on any
Purchase Date within an offering period be less than the Fair Market Value per
share of Common Stock on the start date of that offering period, then that
offering period shall automatically terminate immediately after the purchase of
shares of Common Stock on such Purchase Date, and a new offering period shall
commence on the next business day following such Purchase Date. The new offering
period shall have a duration of twenty (24) months, unless a shorter duration is
established by the Plan Administrator within five (5) business days following
the start date of that offering period.

V.       ELIGIBILITY

         A. Each individual who is an Eligible Employee on the start date of an
offering period under the Plan may enter that offering period on such start date
or on any subsequent Semi-Annual Entry Date within that offering period,
provided he or she remains an Eligible Employee.

         B. Each individual who first becomes an Eligible Employee after the
start date of an offering period may enter that offering period on any
subsequent Semi-Annual Entry Date within that offering period on which he or she
is an Eligible Employee.

         C. The date an individual enters an offering period shall be designated
his or her Entry Date for purposes of that offering period.

         D. To participate in the Plan for a particular offering period, the
Eligible Employee must complete the enrollment forms prescribed by the Plan
Administrator (including a stock purchase agreement and a payroll deduction
authorization) and file such forms with the Plan Administrator (or its
designate) on or before his or her scheduled Entry Date.

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VI.      PAYROLL DEDUCTIONS

         A. The payroll deduction authorized by the Participant for purposes of
acquiring shares of Common Stock during an offering period may be any multiple
of one percent (1%) of the Cash Earnings paid to the Participant during each
Purchase Interval within that offering period, up to a maximum of ten percent
(10%). The deduction rate so authorized shall continue in effect throughout the
offering period, except to the extent such rate is changed in accordance with
the following guidelines:

     (i)  The Participant may, at any time during the offering period, reduce
          his or her rate of payroll deduction to become effective as soon as
          possible after filing the appropriate form with the Plan
          Administrator. The Participant may not, however, effect more than one
          (1) such reduction per Purchase Interval.

     (ii) The Participant may, prior to the commencement of any new Purchase
          Interval within the offering period, increase the rate of his or her
          payroll deduction by filing the appropriate form with the Plan
          Administrator. The new rate (which may not exceed the ten percent
          (10%) maximum) shall become effective on the start date of the first
          Purchase Interval following the filing of such form.

         B. Payroll deductions shall begin on the first pay day administratively
feasible following the Participant's Entry Date into the offering period and
shall (unless sooner terminated by the Participant) continue through the pay day
ending with or immediately prior to the last day of that offering period. The
amounts so collected shall be credited to the Participant's book account under
the Plan, but no interest shall be paid on the balance from time to time
outstanding in such account. The amounts collected from the Participant shall
not be required to be held in any segregated account or trust fund and may be
commingled with the general assets of the Corporation and used for general
corporate purposes.

         C. Payroll deductions shall automatically cease upon the termination of
the Participant's purchase right in accordance with the provisions of the Plan.

         D. The Participant's acquisition of Common Stock under the Plan on any
Purchase Date shall neither limit nor require the Participant's acquisition of
Common Stock on any subsequent Purchase Date, whether within the same or a
different offering period.

VII.     PURCHASE RIGHTS

         A. Grant of Purchase Right. A Participant shall be granted a separate
purchase right for each offering period in which he or she participates. The
purchase right shall be granted on the Participant's Entry Date into the
offering period and shall provide the Participant with the right to purchase
shares of Common Stock, in a series of successive installments over the
remainder of such offering period, upon the terms set forth below. The
Participant shall execute a stock purchase agreement embodying such terms and
such other provisions (not inconsistent with the Plan) as the Plan Administrator
may deem advisable.

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         Under no circumstances shall purchase rights be granted under the Plan
to any Eligible Employee if such individual would, immediately after the grant,
own (within the meaning of Code Section 424(d)) or hold outstanding options or
other rights to purchase, stock possessing five percent (5%) or more of the
total combined voting power or value of all classes of stock of the Corporation
or any Corporate Affiliate.

         B. Exercise of the Purchase Right. Each purchase right shall be
automatically exercised in installments on each successive Purchase Date within
the offering period, and shares of Common Stock shall accordingly be purchased
on behalf of each Participant (other than Participants whose payroll deductions
have previously been refunded pursuant to the Termination of Purchase Right
provisions below) on each such Purchase Date. The purchase shall be effected by
applying the Participant's payroll deductions for the Purchase Interval ending
on such Purchase Date to the purchase of whole shares of Common Stock at the
purchase price in effect for the Participant for that Purchase Date.

         C. Purchase Price. The purchase price per share at which Common Stock
will be purchased on the Participant's behalf on each Purchase Date within the
offering period shall be equal to eighty-five percent (85%) of the lower of (i)
the Fair Market Value per share of Common Stock on the Participant's Entry Date
into that offering period or (ii) the Fair Market Value per share of Common
Stock on that Purchase Date.

        D. Number of Purchasable Shares. The number of shares of Common Stock
purchasable by a Participant on each Purchase Date during the offering period
shall be the number of whole shares obtained by dividing the amount collected
from the Participant through payroll deductions during the Purchase Interval
ending with that Purchase Date by the purchase price in effect for the
Participant for that Purchase Date. However, the maximum number of shares of
Common Stock purchasable per Participant on any one Purchase Date shall not
exceed Seven Hundred (700) shares, subject to periodic adjustments in the event
of certain changes in the Corporation's capitalization. In addition, the maximum
number of shares of Common Stock purchasable in the aggregate by all
Participants on any one Purchase Date shall not exceed One Hundred, Twenty-two
Thousand, Five Hundred (122,500) shares, subject to periodic adjustments in the
event of certain changes in the corporation's capitalization.

         E. Excess Payroll Deductions. Any payroll deductions not applied to the
purchase of shares of Common Stock on any Purchase Date because they are not
sufficient to purchase a whole share of Common Stock shall be held for the
purchase of Common Stock on the next Purchase Date. However, any payroll
deductions not applied to the purchase of Common Stock by reason of the
limitation on the maximum number of shares purchasable on the Purchase Date
shall be promptly refunded.

         F. Termination of Purchase Right. The following provisions shall govern
the termination of outstanding purchase rights:

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     (i)    A Participant may, at any time prior to the next scheduled Purchase
            Date in the offering period, terminate his or her outstanding
            purchase right by filing the appropriate form with the Plan
            Administrator (or its designate), and no further payroll deductions
            shall be collected from the Participant with respect to the
            terminated purchase right. Any payroll deductions collected during
            the Purchase Interval in which such termination occurs shall, at the
            Participant's election, be immediately refunded or held for the
            purchase of shares on the next Purchase Date. If no such election is
            made at the time such purchase right is terminated, then the payroll
            deductions collected with respect to the terminated right shall be
            refunded as soon as possible.

     (ii)   The termination of such purchase right shall be irrevocable, and the
            Participant may not subsequently rejoin the offering period for
            which the terminated purchase right was granted. In order to resume
            participation in any subsequent offering period, such individual
            must re-enroll in the Plan (by making a timely filing of the
            prescribed enrollment forms) on or before his or her scheduled Entry
            Date into that offering period.

     (iii)  Should the Participant cease to remain an Eligible Employee for any
            reason (including death, disability or change in status) while his
            or her purchase right remains outstanding, then that purchase right
            shall immediately terminate, and all of the Participant's payroll
            deductions for the Purchase Interval in which the purchase right so
            terminates shall be immediately refunded. However, should the
            Participant cease to remain in active service by reason of an
            approved unpaid leave of absence, then the Participant shall have
            the right, exercisable up until the last business day of the
            Purchase Interval in which such leave commences, to (a) withdraw all
            the payroll deductions collected to date on his or her behalf for
            that Purchase Interval or (b) have such funds held for the purchase
            of shares on his or her behalf on the next scheduled Purchase Date.
            In no event, however, shall any further payroll deductions be
            collected on the Participant's behalf during such leave. Upon the
            Participant's return to active service (i) within ninety (90) days
            following the commencement of such leave or, (ii) prior to the
            expiration of any longer period for which such Participant's right
            to reemployment with the Corporation is guaranteed by either statute
            or contract, his or her payroll deductions under the Plan shall
            automatically resume at the rate in effect at the time the leave
            began. However, should the Participant's leave of absence exceed
            ninety (90) days and his or her re-employment rights not be
            guaranteed by either statute or contract, then the Participant shall
            be treated as a new Employee for purposes of the Plan and must, in
            order to resume participation in the Plan, re-enroll in the Plan (by
            making a timely filing of the prescribed enrollment forms) on or
            before his or her scheduled Entry Date into the offering period.

         G. Change in Control. Each outstanding purchase right shall
automatically be exercised, immediately prior to the effective date of any
Change in Control, by applying the payroll deductions of each Participant for
the Purchase Interval in which such Change in Control occurs to the purchase of
whole shares of Common Stock at a purchase price per share equal to eighty-five
percent (85%) of the lower of (i) the Fair Market Value per share of Common
Stock on the Participant's Entry Date into the offering period in which such
Change in Control occurs or (ii) the Fair Market Value per share of Common Stock
immediately prior to the effective date of such Change in Control. However, the
applicable limitation on the number of shares of Common Stock purchasable by all
Participants in the aggregate shall not apply to any such purchase.

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         The Corporation shall use its best efforts to provide at least ten
(10)-days prior written notice of the occurrence of any Change in Control, and
Participants shall, following the receipt of such notice, have the right to
terminate their outstanding purchase rights prior to the effective date of the
Change in Control.

         H. Proration of Purchase Rights. Should the total number of shares of
Common Stock to be purchased pursuant to outstanding purchase rights on any
particular date exceed the number of shares then available for issuance under
the Plan, the Plan Administrator shall make a pro-rata allocation of the
available shares on a uniform and nondiscriminatory basis, and the payroll
deductions of each Participant, to the extent in excess of the aggregate
purchase price payable for the Common Stock pro-rated to such individual, shall
be refunded.

         I. Assignability. The purchase right shall be exercisable only by the
Participant and shall not be assignable or transferable by the Participant.

         J. Stockholder Rights. A Participant shall have no stockholder rights
with respect to the shares subject to his or her outstanding purchase right
until the shares are purchased on the Participant's behalf in accordance with
the provisions of the Plan and the Participant has become a holder of record of
the purchased shares.

VIII.    ACCRUAL LIMITATIONS

         A. No Participant shall be entitled to accrue rights to acquire Common
Stock pursuant to any purchase right outstanding under this Plan if and to the
extent such accrual, when aggregated with (i) rights to purchase Common Stock
accrued under any other purchase right granted under this Plan and (ii) similar
rights accrued under other employee stock purchase plans (within the meaning of
Code Section 423) of the Corporation or any Corporate Affiliate, would otherwise
permit such Participant to purchase more than Twenty-Five Thousand Dollars
($25,000) worth of stock of the Corporation or any Corporate Affiliate
(determined on the basis of the Fair Market Value per share on the date or dates
such rights are granted) for each calendar year such rights are at any time
outstanding.

         B. For purposes of applying such accrual limitations to the purchase
rights granted under the Plan, the following provisions shall be in effect:

     (i)  The right to acquire Common Stock under each outstanding purchase
          right shall accrue in a series of installments on each successive
          Purchase Date during the offering period on which such right remains
          outstanding.

     (ii) No right to acquire Common Stock under any outstanding purchase right
          shall accrue to the extent the Participant has already accrued in the
          same calendar year the right to acquire Common Stock under one (1) or
          more other purchase rights at a rate equal to Twenty-Five Thousand
          Dollars ($25,000) worth of Common Stock (determined on the basis of
          the Fair Market Value per share on the date or dates of grant) for
          each calendar year such rights were at any time outstanding.

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         C. If by reason of such accrual limitations, any purchase right of a
Participant does not accrue for a particular Purchase Interval, then the payroll
deductions which the Participant made during that Purchase Interval with respect
to such purchase right shall be promptly refunded.

         D. In the event there is any conflict between the provisions of this
Article and one or more provisions of the Plan or any instrument issued
thereunder, the provisions of this Article shall be controlling.

IX.      EFFECTIVE DATE AND TERM OF THE PLAN

         A. The Plan was adopted by the Board on January 26, 2000 and shall
become effective at the Effective Time, provided no purchase rights granted
under the Plan shall be exercised, and no shares of Common Stock shall be issued
hereunder, until (i) the Plan shall have been approved by the stockholders of
the Corporation and (ii) the Corporation shall have complied with all applicable
requirements of the 1933 Act (including the registration of the shares of Common
Stock issuable under the Plan on a Form S-8 registration statement filed with
the Securities and Exchange Commission), all applicable listing requirements of
any stock exchange (or the Nasdaq National Market, if applicable) on which the
Common Stock is listed for trading and all other applicable requirements
established by law or regulation. In the event such stockholder approval is not
obtained, or such compliance is not effected, within twelve (12) months after
the date on which the Plan is adopted by the Board, the Plan shall terminate and
have no further force or effect, and all sums collected from Participants during
the initial offering period hereunder shall be refunded.

         B. Unless sooner terminated by the Board, the Plan shall terminate upon
the earliest of (i) the last business day in April, 2010, (ii) the date on which
all shares available for issuance under the Plan shall have been sold pursuant
to purchase rights exercised under the Plan or (iii) the date on which all
purchase rights are exercised in connection with a Corporate Transaction. No
further purchase rights shall be granted or exercised, and no further payroll
deductions shall be collected, under the Plan following such termination.

X.       AMENDMENT/TERMINATION OF THE PLAN

         A. The Board may alter, amend, suspend or terminate the Plan at any
time to become effective immediately following the close of any Purchase
Interval. However, the Plan may be amended or terminated immediately upon Board
action, if and to the extent necessary to assure that the Corporation will not
recognize, for financial reporting purposes, any compensation expense in
connection with the shares of Common Stock offered for purchase under the Plan,
should the financial accounting rules applicable to the Plan at the Effective
Time be subsequently revised so as to require the recognition of compensation
expense in the absence of such amendment or termination.

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         B. In no event may the Board effect any of the following amendments or
revisions to the Plan without the approval of the Corporation's stockholders:
(i) increase the number of shares of Common Stock issuable under the Plan,
except for permissible adjustments in the event of certain changes in the
Corporation's capitalization, (ii) alter the purchase price formula so as to
reduce the purchase price payable for the shares of Common Stock purchasable
under the Plan or (iii) modify eligibility requirements for participation in the
Plan.

XI.      GENERAL PROVISIONS

         A. Nothing in the Plan shall confer upon the Participant any right to
continue in the employ of the Corporation or any Corporate Affiliate for any
period of specific duration or interfere with or otherwise restrict in any way
the rights of the Corporation (or any Corporate Affiliate employing such person)
or of the Participant, which rights are hereby expressly reserved by each, to
terminate such person's employment at any time for any reason, with or without
cause.

         B. All costs and expenses incurred in the administration of the Plan
shall be paid by the Corporation; however, each Plan Participant shall bear all
costs and expenses incurred by such individual in the sale or other disposition
of any shares purchased under the Plan.

         C. The provisions of the Plan shall be governed by the laws of the
State of New York without regard to that State's conflict-of-laws rules.

                                       8

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                                    APPENDIX

         The following definitions shall be in effect under the Plan:

         A. Board shall mean the Corporation's Board of Directors.

         B. Cash Earnings shall mean the (i) base salary payable to a
Participant by one or more Participating Corporations during such individual's
period of participation in one or more offering periods under the Plan plus (ii)
all overtime payments, bonuses, commissions, current profit-sharing
distributions and other incentive-type payments. Such Cash Earnings shall be
calculated before deduction of (A) any income or employment tax withholdings or
(B) any pre-tax contributions made by the Participant to any Code Section 401(k)
salary deferral plan or any Code Section 125 cafeteria benefit program now or
hereafter established by the Corporation or any Corporate Affiliate. However,
Cash Earnings shall not include any contributions (other than Code Section
401(k) or Code Section 125 contributions) made on the Participant's behalf by
the Corporation or any Corporate Affiliate to any employee benefit or welfare
plan now or hereafter established.

         C. Change in Control shall mean a change in ownership of the
Corporation pursuant to any of the following transactions:

         (i)   a merger or consolidation in which securities possessing more
               than fifty percent (50%) of the total combined voting power of
               the Corporation's outstanding securities are transferred to a
               person or persons different from the persons holding those
               securities immediately prior to such transaction, or

         (ii)  the sale, transfer or other disposition of all or substantially
               all of the assets of the Corporation in complete liquidation or
               dissolution of the Corporation, or

         (iii) the acquisition, directly or indirectly, by a person or related
               group of persons (other than the Corporation or a person that
               directly or indirectly controls, is controlled by or is under
               common control with the Corporation) of beneficial ownership
               (within the meaning of Rule 13d-3 of the 1934 Act) of securities
               possessing more than fifty percent (50%) of the total combined
               voting power of the Corporation's outstanding securities pursuant
               to a tender or exchange offer made directly to the Corporation's
               stockholders.

         D. Code shall mean the Internal Revenue Code of 1986, as amended.

         E. Common Stock shall mean the Corporation's common stock.

         F. Corporate Affiliate shall mean any parent or subsidiary corporation
of the Corporation (as determined in accordance with Code Section 424), whether
now existing or subsequently established.

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         G. Corporation shall mean Register.com, Inc., a Delaware corporation,
and any corporate successor to all or substantially all of the assets or voting
stock of Register.com, Inc. which shall by appropriate action adopt the Plan.

         H. Effective Time shall mean the time at which the Underwriting
Agreement is executed. Any Corporate Affiliate which becomes a Participating
Corporation after such Effective Time shall designate a subsequent Effective
Time with respect to its employee-Participants.

         I. Eligible Employee shall mean any person who is employed by a
Participating Corporation on a basis under which he or she is regularly expected
to render more than twenty (20) hours of service per week for more than five (5)
months per calendar year for earnings considered wages under Code Section
3401(a).

         J. Entry Date shall mean the date an Eligible Employee first commences
participation in the offering period in effect under the Plan. The earliest
Entry Date under the Plan shall be the Effective Time.

         K. Fair Market Value per share of Common Stock on any relevant date
shall be determined in accordance with the following provisions:

(i)      If the Common Stock is at the time traded on the Nasdaq National
         Market, then the Fair Market Value shall be the closing selling price
         per share of Common Stock on the date in question, as such price is
         reported by the National Association of Securities Dealers on the
         Nasdaq National Market or any successor system. If there is no closing
         selling price for the Common Stock on the date in question, then the
         Fair Market Value shall be the closing selling price on the last
         preceding date for which such quotation exists.

(ii)     If the Common Stock is at the time listed on any Stock Exchange, then
         the Fair Market Value shall be the closing selling price per share of
         Common Stock on the date in question on the Stock Exchange determined
         by the Plan Administrator to be the primary market for the Common
         Stock, as such price is officially quoted in the composite tape of
         transactions on such exchange. If there is no closing selling price for
         the Common Stock on the date in question, then the Fair Market Value
         shall be the closing selling price on the last preceding date for which
         such quotation exists.

(iii)    For purposes of the initial offering period which begins at the
         Effective Time, the Fair Market Value shall be deemed to be equal to
         the price per share at which the Common Stock is sold in the initial
         public offering pursuant to the Underwriting Agreement.

         L. 1933 Act shall mean the Securities Act of 1933, as amended.

         M. Participant shall mean any Eligible Employee of a Participating
Corporation who is actively participating in the Plan.

                                       A-2
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         N. Participating Corporation shall mean the Corporation and such
Corporate Affiliate or Affiliates as may be authorized from time to time by the
Board to extend the benefits of the Plan to their Eligible Employees. The
Participating Corporations in the Plan are listed in attached Schedule A.

         O. Plan shall mean the Corporation's Employee Stock Purchase Plan, as
set forth in this document.

         P. Plan Administrator shall mean the committee of two (2) or more Board
members appointed by the Board to administer the Plan.

         Q. Purchase Date shall mean the last business day of each Purchase
Interval. The initial Purchase Date shall be October 31, 2000.

         R. Purchase Interval shall mean each successive six (6)-month period
within the offering period at the end of which there shall be purchased shares
of Common Stock on behalf of each Participant.

         S. Semi-Annual Entry Date shall mean the first business day in May and
November each year on which an Eligible Employee may first enter an offering
period.

         T. Stock Exchange shall mean either the American Stock Exchange or the
New York Stock Exchange.

         U. Underwriting Agreement shall mean the agreement between the
Corporation and the underwriter or underwriters managing the Corporation's
initial public offering of its Common Stock.

                                      A-3<PAGE>

                            FORMAN INTERACTIVE CORP.
                                201 Water Street
                          Brooklyn, New York 11201-1174

                                                         As of November 15, 1995

Mr. Richard D. Forman
201 Water Street
Brooklyn, N.Y. 11201-1174

                            Re: Employment Agreement

Dear Richard:

         We refer to the Stock Purchase Agreement dated concurrently herewith
(the "Purchase Agreement") between Forman Interactive Corp. (the "Company"), Dan
B. Levine, Peter A. Forman, Richard D. Forman and Capital Express, L.L.C.
("CapEx").

         This will confirm our understanding as to the terms of your employment
by the Company in connection with the closing (the "Closing") of the
transactions contemplated by the Purchase Agreement:

         1. Position and Duties. You will be employed as a senior executive of
the Company. You may also be elected an officer and director of the Company and
serve as such for no additional compensation. You will perform such duties as
the Board of Directors of the Company may from time to time determine consistent
with your position and prior experience. You will devote such working time as
you deem necessary, in good faith, to perform your duties.

         2. Compensation. (a) Your initial base salary shall be at the monthly
full-time rate (based on an average of 40 hours per week) of $10,000, which will
be prorated based on the amount of time you work on Company business each month.
The amount of time worked by you in any month will be calculated by you;
provided that, if there is a dispute as to the number of hours worked by you on
Company business in any month, the Company's Board of Directors will review such
number of hours within 30 days thereafter (or the number shall be deemed
accepted) and its decision will be final.

                  (b) Until the conclusion of the contemplated marketing test,
but not longer than 120 days from the date hereof, your salary shall accrue in
lieu of payment. Thereafter, and until June 30, 1996, you will be paid 50% of
your base salary and the balance shall accrue. Beginning July l, 1996, you will
be paid 75% of your base salary in accordance with the Company's policy for its
senior executives, and the balance shall accrue. Commencing as of January 1,
1997, you will be paid 100% of your base salary on a current basis with no
accrual requirement.

<PAGE>

                  (c) Upon the closing of the books for the Company's fiscal
year ending December 31, 1996 (which shall occur not later than [30] days after
the end of such fiscal year, you shall be paid all accrued salary, including
interest thereon from the date accrued to payment at the interest rate presently
charged by Citibank, N.A. for a one-year commitment to its preferred customers
plus 5%, provided that (i) the Company's gross revenues for such fiscal year
exceed $1,000,000 and (ii) the payment of such accrued salary and interest
thereon would not either (x) cause the then current ratio of current assets to
current liabilities to fall below 1.75:1 or (y) working capital (i.e., current
assets minus current liabilities) to be less than an amount equal to 60 days of
"Operating Losses". For purposes of this subparagraph (c), the term "Operating
Losses" means the average of the Company's operating losses for the immediately
preceding three-month period, excluding extraordinary marketing expenses. If
such tests would not be met as a result of payment of all of your accrued salary
and interest thereon, the Company shall pay you such portion, on a pro rata
basis with that of Richard D. Forman and Dan B. Levine, as it is able to so pay
without failing such tests, and the balance of the accrued salary and interest
thereon will be paid in the first fiscal quarter following December 31, 1996 as
such tests are met.

                  (d) The Board of Directors may by majority vote eliminate the
provisions of subparagraphs (b) and (c) of this paragraph 2. Any compensation
payable by the Company to you in your capacity as an employee pursuant to
subparagraph (a) or otherwise shall not be increased for two years after the
date hereof and thereafter shall not be increased by more than 10% in any year,
and except as provided in the previous sentence, no provision of this agreement
shall be amended, modified or eliminated except by unanimous vote of the Board
of Directors.

         3. Benefits. In the event that you devote at least 90% of your normal
business hours to the Company's business for a period of twelve consecutive
weeks, the Company will provide health insurance for you and your spouse and
children having the same coverage as that presently contemplated to be provided
to Foy Sperring or its cash equivalent.

         4. Employee-at-Will. You expressly acknowledge that you are an
employee-at-will of the Company.

         5. Miscellaneous. (a) This agreement sets forth the entire agreement
and understanding of the parties with respect to the subject matter hereof, and
there are no other terms or agreements with respect to your employment by the
Company.

                  (b) This letter agreement will be governed by, and construed
and enforced in accordance with, the internal laws of the State of New York,
without regard to principles of conflicts of law.

                                       2
<PAGE>

         Please acknowledge your understanding of, and agreement with, the
foregoing by signing your name in the space indicated below, whereupon this
letter agreement will become a binding agreement upon the parties.

                                      Very truly yours,

                                      FORMAN INTERACTIVE CORP.

                                      By: /s/ Peter A. Forman
                                          -------------------
                                          Name: Peter A. Forman
                                          Title: President

Agreed to and acknowledged as of
the date first written above:

/s/ Richard D. Forman
---------------------
Richard D. Forman

<PAGE>

                            FORMAN INTERACTIVE CORP.
                                201 Water Street
                          Brooklyn, New York 11201-1174

                                 January 5, 1998

Mr. Richard D. Forman
201 Water Street
Brooklyn, New York  11201-1174

         Re:      Employment Agreement dated as of November 15, 1995 (the
                  "Employment Agreement")

Dear Richard:

         When signed by each of us, this letter will constitute our agreement to
amend the Employment Agreement. We hereby agree as follows:

         1. Section 2 of the Employment Agreement is amended by adding thereto a
new paragraph (e) which shall read in full as follows:

         "(e) The Company hereby grants to you an option, exercisable at any
         time within five (5) years from the date hereof, to purchase up to
         500,000 shares of the Company's common stock, of which 150,000 shares
         shall be purchasable at an exercise price of $.60 per share; 100,000
         shares shall be purchasable at an exercise price of $1.60 per share;
         100,000 shares shall be purchasable at an exercise price of $3.00 per
         share, and 150,000 shares shall be purchasable at an exercise price of
         $6.00 per share. Options with respect to 150,000 of such shares shall
         vest on the date of grant and the remaining options shall vest at the
         rate of 100,000 shares every six (6) months hereafter until full
         vested, provided that the lowest prices options shall vest first. Such
         options shall be evidenced by an option certificate in the form annexed
         hereto and shall be subject to the further terms and conditions set
         forth in such option certificate."
<PAGE>

         2. The Employment Agreement shall be further amended by deleting the
existing Section 4 thereof and substituting, in place of such Section, a new
Section 4 which shall read in full as follows:

         "4. Term of Employment This Employment Agreement shall continue in full
         force and effect from the date hereof through June 30, 2000, unless
         sooner terminated as provided herein. Either party may terminate this
         agreement upon written notice to the other party in the event of any
         material breach not cured within thirty (30) days after written notice
         of such breach is given to the other party hereto, which notice shall
         specify the nature of the alleged breach in reasonable detail."

         3. Except as amended hereby, the Employment Agreement shall continue in
full force and effect in accordance with its terms.

         Kindly indicate your agreement to the foregoing by executing the
enclosed copy of this letter in the space provided below and return it to the
undersigned at your earliest convenience.

                                        Very truly yours,

                                        FORMAN INTERACTIVE CORP.

                                        By: /s/ Peter A. Forman
                                            -------------------
                                            Name: P. Forman
                                            Title: President

Agreed to and acknowledged as of
the date first written above:

/s/ Richard D. Forman
---------------------
RICHARD D. FORMAN

<PAGE>

                               Register.com, Inc.
                                575 Eighth Avenue
                                   11th Floor
                               New York, New York

                                  June 24, 1999

Mr. Richard D. Forman
c/o Register.com, Inc.
575 Eighth Avenue
11th Floor
New York, New York

         Re: Employment Agreement

Dear Richard:

         Reference is hereby made to your employment agreement dated as of
November 15, 1995 by and between you and Register.com, Inc. (f/k/a Forman
Interactive Corp.) (the "Company"), as amended (the "Employment Agreement"). You
and the company hereby agree to amend the Employment Agreement as follows:

         1. Section 3 of the Employment Agreement is amended by adding the
following:

         "For so long as you are an employee of the Company, are entitled to
         receive a reimbursement of car expenses and other prerequisites equal
         to $20,000 per annum; provided that to the extent you work on Company
         business on less than a full-time basis, then such $20,000 shall be
         prorated for the amount of time you actually work on Company business."

         2. Except as amended hereby the Employment Agreement shall continue in
full force and effect in accordance with its terms.

         Please indicate your agreement to the foregoing by signing a
counterpart copy of this letter.

                                        Sincerely,

                                        REGISTER.COM, INC.

                                        By: /s/ Alan G. Breitman
                                            --------------------
                                            Name: Alan G. Breitman
                                            Title: VP Finance, Treasurer

Agreed to as of the date hereof:

/s/ Richard D. Forman
---------------------
Richard D. Forman

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