Document:

Exhibit 10.33

 

July 19, 2012

 

Alan Spoon

c/o Polaris Venture Partners

1000 Winter Street, Suite 3350

Waltham, MA 02451

 

Re:  LegalZoom.com, Inc.

 

Dear Alan:

 

LegalZoom.com, Inc. (the “Company”) is very pleased to provide you with this letter setting forth the terms and conditions of your continued service as a member of the Board of Directors (the “Board”) of the Company, as follows:

 

	
Term:
    	
 
    	
You will continue to serve as a member of the Board until the annual   general meeting of stockholders of the year in which your term expires or   until your successor has been elected and qualified, subject however, to your   prior death, resignation, retirement, disqualification or removal from   office.
    
	
 
    	
 
    	
 
    
	
Committees:
    	
 
    	
You   acknowledge and agree that on and after the consummation of the proposed   initial public offering of the Company, in order to meet SEC and NYSE rules,   you will be required to serve on one or more of the Board’s Audit Committee,   Compensation Committee and/or Nominating and Governance Committee, and that   such committee assignments will be as agreed between you and the Company, and   that you will be compensated for service on any committee as provided herein.
    
	
 
    	
 
    	
 
    
	
Cash   Compensation, effective upon consummation of the proposed   initial public offering of the Company
    	
 
    	
In   consideration of your continued service as a member of the Board, you will   receive a $25,000 annual cash retainer to be paid in arrears in equal   quarterly installments for so long as you remain a member of the Board.

 

In   consideration for your services as Chair of the Audit Committee, if   applicable, you will receive a $15,000 annual cash retainer to be paid in   arrears in equal quarterly installments for so long as you remain the Audit   Committee Chair.

 

In   consideration for your services as Chair of the Compensation Committee, if   applicable, you will receive a $7,500 annual cash retainer to be paid in   arrears in equal quarterly installments for so long as you remain the   Compensation Committee Chair.
    

 

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In   consideration for your services as Chair of the Nominating and Governance   Committee, if applicable, you will receive a $5,000 annual cash retainer to   be paid in arrears in equal quarterly installments for so long as you remain   the Nominating and Governance Committee Chair.

 

After   the consummation of the proposed initial public offering of the Company and a   Form S-8 Registration Statement covering the shares that may be issued   under the Company’s 2012 Equity Incentive Plan has become effective, all or a   portion of your annual cash retainer may be deferred into a stock unit   account. The election for deferring your annual cash retainer must be made in   writing within the timeframe required by Internal Revenue Code §409A.

 

You   will receive $1,000 per meeting for each Board and committee meeting that you   attend, to be paid in arrears on a quarterly basis.

 

The   Company may, in its sole discretion and from time to time, amend or eliminate   any of these components of compensation.
    
	
 
    	
 
    	
 
    
	
Equity   Compensation Grants:
    	
 
    	
In   connection with the Company’s initial public offering, if you are then   serving on the Board, you will receive annual compensatory equity grants (in   the form of restricted stock units and stock options which will each be   subject to vesting conditions) in accordance with the Company’s non-employee   director compensation program.
    
	
 
    	
 
    	
 
    
	
Stock   Ownership Guidelines:
    	
 
    	
In   order to promote long-term alignment of directors and stockholders interests,   the Company requires that you hold five times your annual cash retainer   (excluding any cash retainer for service on a committee or as a committee   chair or other service-related fees). You are expected to attain or exceed   the stock ownership guideline amount within five (5) years of the   consummation of the proposed initial public offering of the Company, and to   remain at or above the guideline.
    
	
 
    	
 
    	
 
    
	
Responsibilities:
    	
 
    	
As   a director of the Company, your duties and responsibilities will be those   reasonably and customarily associated with such position, including, without   limitation, attendance at all regular and special meetings of the Board and,   if you are a member of a committee of the Board, attendance at all regular   and special meetings of such committee.
    
	
 
    	
 
    	
 
    
	
No   Legal Services Provided:
    	
 
    	
The   Company confirms that you will be providing services as a member of the Board   in your individual capacity, and will not be providing or called upon to   provide legal services to the Company.
    
	
 
    	
 
    	
 
    
	
Expenses:
    	
 
    	
The   Company will reimburse you for all reasonable, out-of-pocket costs and expenses   incurred by you in connection with attending meetings of 
    

 

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the   Board and committee(s) in which you are a member.
    
	
 
    	
 
    	
 
    
	
Confidentiality:
    	
 
    	
As   a condition of this letter, you will continue to be required to preserve the   Company’s proprietary and confidential information and you must comply with   the Company’s policies and procedures. Accordingly, as a condition to your   continued service to the Board, you are required to execute the Nondisclosure   Agreement enclosed herewith.
    
	
 
    	
 
    	
 
    
	
Indemnification:
    	
 
    	
The   Indemnification Agreement you have entered into with the Company, dated   April 2, 2012, will remain in full force and effect.
    

 

The terms and conditions set forth above supersede and replace the previous compensation arrangement, if any, between you and the Company except that any outstanding Company equity compensation awards shall remain outstanding and continue to be governed in accordance with their terms and conditions.

 

This letter to continue to serve as a member of the Board shall be at the will of the Board, which means that this relationship can be terminated by either party pursuant to the Bylaws of the Company.  You agree the Company has the right to mention your name and other customary information in documents the Company files with the Securities and Exchange Commission, press releases and other business documentation as appropriate, including, inclusion of such information in the Company’s registration statement and the related prospectus naming you as a member of the Board and such other information regarding you as is required to be included therein under the Securities Act of 1933, as amended, and the rules and regulations promulgated thereunder.

 

Please sign the acknowledgment at the end of this letter acknowledging and agreeing to the terms and conditions of your continued service as a member of the Board.

 

[Signature page follows]

 

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Please contact me with any questions regarding the foregoing.

 

	
 
    	
 
    	
Sincerely,
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
LEGALZOOM.COM, INC.
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
By:
    	
/s/ John   Suh
    
	
 
    	
 
    	
 
    	
John Suh
    
	
 
    	
 
    	
 
    	
Chief Executive Officer and
    
	
 
    	
 
    	
 
    	
Director
    
	
 
    	
 
    	
 
    
	
ACKNOWLEDGED   AND AGREED TO BY:
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
/s/   Alan Spoon
    	
 
    	
 
    
	
Alan   Spoon
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
Date:   July 19, 2012
    	
 
    	
 
    

 

I acknowledge that I have consented to the inclusion in the Registration Statement on Form S-1 of LegalZoom.com, Inc., any amendments thereto, and in the related Prospectus, of (i) a reference naming me as a member of the Board of Directors of LegalZoom.com, Inc. and (ii) such other information regarding me as is required to be included therein under the Securities Act of 1933, as amended, and the rules and regulations promulgated thereunder.

 

4Exhibit 10.34

 

July 19, 2012

 

Mr. Ken McBride

 

Re:  LegalZoom.com, Inc.

 

Dear Ken:

 

We are very pleased to offer you a position as a member of the Board of Directors (the “Board”) of LegalZoom.com, Inc. (the “Company”) and as a member and chairman of the Audit Committee of the Board.  This offer, which is subject to the approval of each of the current members of our Board, is based on the following terms and conditions:

 

	
Start Date:
    	
 
    	
Effective immediately after the Registration Statement is declared   effective by the Securities and Exchange Commission (the “Effective Date”),   you will serve as a member of the Board until the annual meeting for the year   in which your term expires or until your successor has been elected and   qualified, subject however, to your prior death, resignation, retirement,   disqualification or removal from office.
    
	
 
    	
 
    	
 
    
	
Term:
    	
 
    	
Your   initial term on the Board shall be three years.
    
	
 
    	
 
    	
 
    
	
Committees:
    	
 
    	
You   acknowledge and agree that, in order to meet SEC and NYSE rules, you will be   required to serve on one or more of the Board’s Audit Committee, Compensation   Committee and/or Nominating and Governance Committee, and that such committee   assignments will be as agreed between you and the Company, and that you will   be compensated for service on any committee as provided herein.
    
	
 
    	
 
    	
 
    
	
Cash   Compensation:
    	
 
    	
In   consideration of your services as a member of the Board, you will receive a   $25,000 annual cash retainer to be paid in arrears in equal quarterly   installments for so long as you remain a member of the Board.

 

In   consideration for your services as Chair of the Audit Committee, if   applicable, you will receive a $15,000 annual cash retainer to be paid in   arrears in equal quarterly installments for so long as you remain the Audit   Committee Chair.

 

In   consideration for your services as Chair of the Compensation Committee, if   applicable, you will receive a $7,500 annual cash retainer to be paid in   arrears in equal quarterly installments for so long as you
    

 

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remain   the Compensation Committee Chair.

 

In   consideration for your services as Chair of the Nominating and Governance   Committee, if applicable, you will receive a $5,000 annual cash retainer to   be paid in arrears in equal quarterly installments for so long as you remain   the Nominating and Governance Committee Chair.

 

All   or a portion of your annual cash retainer may be deferred into a stock unit   account. The election for deferring your annual cash retainer must be made in   writing within thirty (30) days of joining the Board and prior to the start   of the new calendar year for subsequent elections or earlier as necessary to   comply with Internal Revenue Code §409A.

 

You   will receive $1,000 per meeting for each Board and committee meeting that you   attend, to be paid in arrears on a quarterly basis.
    
	
 
    	
 
    	
 
    
	
Equity   Compensation Grants:
    	
 
    	
In   connection with the Company’s initial public offering, if you are then   serving on the Board, you will receive both inducement and annual   compensatory equity grants (in the form of restricted stock units and stock   options which will each be subject to vesting conditions) in accordance with   the Company’s non-employee director compensation program.
    
	
 
    	
 
    	
 
    
	
Stock   Ownership Guidelines:
    	
 
    	
In   order to promote long-term alignment of directors and stockholders interests,   the Company requires that you hold five times your annual cash retainer   (excluding any cash retainer for service on a committee or as a committee   chair or other service-related fees). You are expected to attain or exceed   the stock ownership guideline amount within five (5) years of the Effective   Date, and to remain at or above the guideline.
    
	
 
    	
 
    	
 
    
	
Responsibilities:
    	
 
    	
As   a director of the Company, your duties and responsibilities will be those   reasonably and customarily associated with such position, including, without   limitation, attendance at all regular and special meetings of the Board and,   if you are a member of a committee of the Board, attendance at all regular   and special meetings of such committee.
    
	
 
    	
 
    	
 
    
	
Expenses:
    	
 
    	
The   Company will reimburse you for all reasonable, out-of-pocket costs and   expenses incurred by you in connection with attending Board meetings and, if   you are a member of a committee of the Board, committee meetings.
    
	
 
    	
 
    	
 
    
	
Confidentiality:
    	
 
    	
As   a condition of this offer, you will be required to preserve the Company’s   proprietary and confidential information and you must comply with the   Company’s policies and procedures. Accordingly, as a pre-condition to your   appointment to the Board, you are required to execute the Nondisclosure   Agreement enclosed herewith.
    

 

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Indemnification:
    	
 
    	
In   the interest of retaining and attracting qualified individuals to provide   services to the Company, the Company has or will enter into an Indemnification   Agreement with each of its directors and executive officers. An   Indemnification Agreement will be provided to you to sign upon your   acceptance.
    

 

Your engagement as a member of the Board is contingent on all of the following:  (a) formal acceptance of this offer, (b) completion of a background, credit and reference check satisfactory to the Board and (c) a determination by the Board that you meet the independence requirements of the NYSE.  This offer to serve as a member of the Board shall be at the will of the Board, which means that this relationship can be terminated at any time by either party.  Upon accepting our offer to join the Board you agree we will have the right to mention your name and other customary information in documents we file with the Securities and Exchange Commission, press releases and other business documentation as appropriate, including, inclusion of such information in our registration statement and the related prospectus naming you as a person about to become a member of the Board and such other information regarding you as is required to be included therein under the Securities Act of 1933, as amended, and the rules and regulations promulgated thereunder.

 

To accept this offer, please sign the acknowledgment at the end of this letter acknowledging and agreeing to the terms and conditions of your service as a member of the Board of the Company.

 

[Signature page follows]

 

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We sincerely hope that you decide to join the Board of Directors of the Company.  Please contact me with any questions regarding the foregoing.

 

	
 
    	
 
    	
Sincerely,
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
LEGALZOOM.COM,   INC.
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
By:   
    	
/s/   John Suh
    
	
 
    	
 
    	
 
    	
      John   Suh
    
	
 
    	
 
    	
 
    	
      Chief Executive Officer and

      Director
    
	
 
    	
 
    	
 
    	
 
    
	
ACKNOWLEDGED   AND AGREED TO BY:
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    
	
/s/   Ken McBride
    	
 
    	
 
    	
 
    
	
Ken   McBride
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    
	
Date:   July 19, 2012
    	
 
    	
 
    	
 
    

 

I hereby consent to the inclusion in the Registration Statement on Form S-1 of LegalZoom.com, Inc., any amendments thereto, and in the related Prospectus, of (i) a reference naming me as a person about to become a member of the Board of Directors of LegalZoom.com, Inc. and (ii) such other information regarding me as is required to be included therein under the Securities Act of 1933, as amended, and the rules and regulations promulgated thereunder.

 

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