Document:

Officers' Certificate, including form of Senior Note re: 6.00% due 5/15/2017

 Exhibit 4.2 
 Unitrin, Inc. 
 Officers’ Certificate 
 John Boschelli, Vice President and Treasurer, and Scott Renwick, Secretary, of Unitrin, Inc., a Delaware corporation (the “Company”), pursuant
to Sections 2.01 and 14.06 of the Indenture, dated as of June 26, 2002 (the “Indenture”), between the Company and The Bank of New York Trust Company, N.A., as successor trustee to BNY Midwest Trust Company, as Trustee (the
“Trustee”), each hereby certifies in the name of the Company as follows: 
 There has been established, pursuant to the resolutions
duly adopted by the Pricing Committee and the Executive Committee of the Board of Directors of the Company and the officer’s certificate of Eric J. Draut, Executive Vice President and Chief Financial Officer of the Company, a true, correct and
complete copy of which resolutions and certificate certified by the Secretary of the Company are being separately delivered on the date hereof, a series of Securities (as that term is defined in the Indenture) to be issued under the Indenture, which
Securities shall be in the form attached hereto as Exhibit A with such terms and in such form as determined by or pursuant to such resolutions and certificate, as follows: 
 1. The title of the Securities shall be: “6.00% Senior Notes due May 15, 2017” (the “Notes”). 
 2. The initial aggregate principal amount of the Notes which may be authenticated and delivered under the Indenture (except for Notes authenticated and delivered upon registration of, transfer of, or in exchange for,
or in lieu of, other Notes pursuant to or as contemplated by Section 2.05, 2.06, 2.07, 3.03 or 9.04 of the Indenture) shall be $360,000,000. 
 3. The Stated Maturity of the Notes shall be May 15, 2017. 
 4. The Notes shall bear interest from May 11, 2007 or from
the most recent Interest Payment Date (as defined below) to which interest has been paid or duly provided for, at the rate of 6.00% per annum, payable semiannually on May 15 and November 15 of each year (each, an “Interest
Payment Date”), commencing on November 15, 2007, to the persons in whose names the Notes are registered on the close of business on the immediately preceding May 1 and November 1, respectively, whether or not such day is a
business day (each, a “Regular Record Date”). 
 5. The principal of and interest on the Notes of such series shall be payable at
the office or agency of the Company maintained for such purpose in the Borough of Manhattan, The City of New York, provided, however, that at the option of the Company payment of interest may be made by check mailed to the address of the Person
entitled thereto as such address shall appear in the Security Register for such series. 
  

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 6. The Notes shall be redeemable, at the Company’s option, in whole at any time or in part from time
to time, at a redemption price equal to accrued and unpaid interest on the principal amount being redeemed to the redemption date plus the greater of (i) 100% of the principal amount of the Notes to be redeemed or (ii) the sum of the
present values of the remaining scheduled payments of principal and interest on the Notes to be redeemed (not including any portion of such payments of interest accrued to the date of redemption) discounted to the date of redemption on a semiannual
basis (assuming a 360-day year consisting of twelve 30-day months) at the Adjusted Treasury Rate, plus 25 basis points. 
 If the Company has given notice as
provided in the Indenture and funds for the redemption of any Notes called for redemption have been made available on the redemption date, those Notes will cease to bear interest on the date fixed for redemption. Thereafter, the only right of the
holders of those Notes will be to receive payment of the redemption price. 
 The Company will give notice of any optional redemption to holders at their
addresses, as shown in the security register, not more than 90 nor less than 30 days prior to the date fixed for redemption. The notice of redemption will specify, among other items, the redemption price and the principal amount of the Notes held by
such holder to be redeemed. 
 “Adjusted Treasury Rate” means, with respect to any date of redemption, the rate per year equal to the semiannual
equivalent yield to maturity of the Comparable Treasury Issue, assuming a price for the Comparable Treasury Issue (expressed as a percentage of its principal amount) equal to the Comparable Treasury Price for that date of redemption. 
 “Comparable Treasury Issue” means the United States Treasury security selected by the Quotation Agent as having a maturity comparable to the remaining term of
the Notes to be redeemed that would be used, at the time of selection and under customary financial practice, in pricing new issues of corporate debt securities of comparable maturity to the remaining term of the Notes. 
 “Comparable Treasury Price” means, with respect to any redemption date, the average of the Reference Treasury Dealer Quotations for the date of redemption,
after excluding the highest and lowest Reference Treasury Dealer Quotations, or if the Trustee obtains fewer than three Reference Treasury Dealer Quotations, the average of all Reference Treasury Dealer Quotations. 
 “Quotation Agent” means Goldman, Sachs & Co. or another Reference Treasury Dealer appointed by the Company. 
 “Reference Treasury Dealer” means Goldman, Sachs & Co. and its successors and, at the Company’s option, other nationally recognized investment
banking firms that are primary dealers of U.S. government securities in New York City. If any of the foregoing ceases to be a primary dealer of U.S. government securities in New York City, the Company must substitute another primary dealer of U.S.
government securities. 
 “Reference Treasury Dealer Quotations” means, with respect to each Reference Treasury Dealer and any date of redemption,
the average, as determined by the Trustee, of the bid and asked prices for the Comparable Treasury Issue (expressed in each case as a 

  

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percentage of its principal amount) quoted in writing to the Trustee by the Reference Treasury Dealer at 5:00 p.m., New York City time, on the third business
day before the date of redemption. 
 7. The Notes shall not be entitled to any sinking fund. 
 8. The Notes will be issued in the form of a registered Global Security which will be deposited with, or on behalf of, The Depository Trust Company
(“DTC”), as depositary, and registered in the name of DTC or its nominee. Beneficial interests in the Global Security will be represented through book-entry accounts of financial institutions acting on behalf of beneficial owners as direct
and indirect participants in DTC. Investors may elect to hold interests in the Global Security through DTC, if they are participants of DTC, or indirectly through organizations which are participants in these systems. If an Event of Default has
occurred with respect to the Notes and has not been cured or waived, the Global Security shall be exchangeable for Notes in definitive registered form, in denominations of $1,000 and any integral, without coupons, and in an aggregate principal
amount equal to the principal amount of the Global Security to be exchanged. 
 9. Principal of and interest on the Notes shall be payable in
U.S. dollars. 
 10. The Notes shall not be convertible into or exchangeable for shares of common stock, preferred stock or other securities
or property of the Company. 
 11. The Bank of New York is hereby appointed as Paying Agent and Security Registrar for the Notes of such
series. The Security Register for the Notes of such series will be maintained by the Security Registrar in the Borough of Manhattan, The City of New York. 
 12. The Notes shall constitute Global Securities as defined in the Indenture. 
 13. The Notes shall be sold
to the Underwriters at a price equal to 98.697% of the principal amount thereof plus accrued interest, if any, from May 11, 2007. 
 14.
In case of any conflict between this Certificate and the Notes in the form referred to above, the Notes shall control. 
 Each of the aforesaid officers
further states pursuant to Sections 2.01 and 14.06 of such Indenture that he has read the provisions of such Indenture setting forth the conditions precedent to the issuance, authentication and delivery of the Notes and the definitions relating
thereto; that the statements made in this Certificate are based upon the examination of the provisions of such Indenture and upon the relevant books and records of the Company; that he has, in his opinion, made such examination or investigation as
is necessary to enable him to express an informed opinion as to whether or not the conditions for the issuance, authentication and delivery of the Notes have been complied with; and that, in his opinion, such conditions have been complied with.

 Capitalized terms defined in the Indenture and not otherwise defined herein have the respective meanings provided for therein. 

 

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 IN WITNESS WHEREOF, we have hereunto signed our names on behalf of the Company this 11th day of May,
2007. 
  

			
	UNITRIN, INC.
		
	By:	 	 /s/ John Boschelli

	Name:	 	John Boschelli
	Title:	 	Vice President and Treasurer
		
	By:	 	 /s/ Scott Renwick

	Name:	 	Scott Renwick
	Title:	 	Secretary

  

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 Exhibit A 
 [FORM OF 6.00% SENIOR NOTES DUE MAY 15, 2017] 
 THIS SECURITY IS A GLOBAL SECURITY WITHIN THE MEANING OF THE INDENTURE HEREINAFTER REFERRED TO AND IS REGISTERED IN THE NAME OF A DEPOSITARY OR THE NOMINEE OF A DEPOSITARY. UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED
REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY (“DTC”), A NEW YORK CORPORATION, TO UNITRIN, INC. OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR
IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR
VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN. 
 EXCEPT AS
OTHERWISE PROVIDED IN SECTION 2.11 OF THE INDENTURE, THIS SECURITY MAY BE TRANSFERRED IN WHOLE, BUT NOT IN PART, ONLY TO ANOTHER NOMINEE OF DTC OR TO A SUCCESSOR DEPOSITARY OR TO A NOMINEE OF SUCH SUCCESSOR DEPOSITARY. 
 UNITRIN, INC. 
 6.00% Senior Note Due
May 15, 2017 
  

			
		 	CUSIP NO. 913275 AC7
		
	 No. 1
	 	$360,000,000

 UNITRIN, INC., a corporation duly organized and existing under the laws of Delaware (herein called
the “Company”, which term includes any successor under the Indenture hereinafter referred to), for value received, hereby promises to pay to Cede & Co., or its registered assigns, the principal sum of three hundred sixty million
dollars ($360,000,000) on May 15, 2017, and to pay interest thereon from May 11, 2007 or from the most recent Interest Payment Date to which interest has been paid or duly provided for, semiannually on May 15 and November 15 in
each year, commencing on November 15, 2007 at the rate of 6.00% per annum, until the principal hereof is paid or made available for payment. The interest so payable, and punctually paid or duly provided for, on any Interest Payment Date
will, as provided in the Indenture hereinafter referred to, be paid to the Person in whose name this Security (or one or more Predecessor Securities) is registered at the close of business on the regular record date for such interest, which shall be
the immediately preceding May 1 or November 1 (whether or not a Business Day), as the case may be, next preceding such Interest Payment Date. Any such interest that is not so 

  

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punctually paid or duly provided for will forthwith cease to be payable to the holder on such regular record date and may either be paid to the Person in
whose name this Security (or one or more Predecessor Securities) is registered at the close of business on a special record date for the payment of such Defaulted Interest to be fixed by the Trustee which special record date shall not be more than
15 nor less than 10 days prior to the date of the proposed payment and not less than 10 days after receipt by the Trustee of the notice of proposed payment, notice of which shall be given to holders of Securities of this series less than 10 days
prior to such special record date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange on which the Securities of this series may be listed, and upon such notice as may be required by
such exchange, all as more fully provided in said Indenture. 
 Payments of interest on this Security will include interest accrued to but
excluding the respective Interest Payment Dates. Interest payments for this Security shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on this
Security is not a Business Day, then payment of the interest payable on such date will be made on the next succeeding day that is a Business Day, with the same force and effect as if made on the date the payment was originally payable. 

The Company shall maintain in the Borough of Manhattan, The City of New York, an office or agency where this Security may be surrendered for
registration of transfer or exchange and an office or agency where this Security may be presented for payment or for exchange. The Company has initially appointed The Bank of New York as its Security Registrar and Paying Agent. On the date hereof,
the office of the Security Registrar and Paying Agent is located at 101 Barclay Street, Floor 21 West, New York, New York 10286. The Company reserves the right at any time to vary or terminate the appointment of any Paying Agent or Security
Registrar, to appoint additional or other Paying Agents or other Security Registrars and to approve any change in the office through which any Paying Agent or Security Registrar acts. The principal of and interest on this Security shall be paid in
such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts. Payment of interest (including interest on an Interest Payment Date) will be made, subject to such surrender
where applicable, at the option of the Company, by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register. 
 The Senior Notes (as defined on the reverse hereof) will be senior unsecured obligations of the Company and will rank equally in right of payment with all of the other senior unsecured and unsubordinated indebtedness
of the Company from time to time outstanding. The Senior Notes will rank senior to any subordinated indebtedness of the Company. REFERENCE IS HEREBY MADE TO THE FURTHER PROVISIONS OF THIS SECURITY SET FORTH ON THE REVERSE HEREOF, WHICH FURTHER
PROVISIONS SHALL FOR ALL PURPOSES HAVE THE SAME EFFECT AS IF SET FORTH AT THIS PLACE. Unless the certificate of authentication hereon has been executed by the Trustee by manual signature, this Security shall not be entitled to any benefit under the
Indenture or be valid or obligatory for any purpose. 
  

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 IN WITNESS WHEREOF, the Company has caused this instrument to be duly executed under its corporate seal.

  

					
	 Dated: May 11, 2007
	 		 	
		
		 	UNITRIN, INC.
			
		 	By:	 	  
		 	Name:	 	John Boschelli
		 	Title:	 	Vice President and Treasurer

 Attest: 
  

			
	 	 	 
	Name:	 	Scott Renwick
	Title:	 	Secretary

  

					
		  	[Seal of Unitrin, Inc.]	  	
		
	Trustee’s Certificate Of Authentication	  	
		
	This is one of the Securities of the series designated therein referred to in the within-mentioned Indenture.	  	
		
	THE BANK OF NEW YORK TRUST COMPANY, N.A., as successor Trustee to BNY Midwest Trust Company	  	

  

			
	 By:
	 	  
		 	Authorized Signatory

  

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 (REVERSE SIDE OF NOTE) 
 This Security is one of a duly authorized issue of Senior Notes of the Company issued and issuable in one or more series under an Indenture dated as of June 26, 2002 (the “Indenture”; capitalized terms
used and not defined herein shall have the meaning ascribed to such terms in the Indenture), between the Company and The Bank of New York Trust Company, N.A., as successor trustee to BNY Midwest Trust Company (the “Trustee,” which term
includes any successor trustee under the Indenture), to which Indenture and all indentures incidental thereto reference is hereby made for a statement of the respective rights, limitations of rights, duties and immunities thereunder of the Company,
the Trustee and the holders of the Senior Notes issued thereunder and of the terms upon which said Senior Notes are, and are to be, authenticated and delivered. This Security is one of the series of Securities of the Company issued pursuant to the
Indenture designated as 6.00% Senior Notes due May 15, 2017 (the “Senior Notes”), limited in aggregate principal amount to $360,000,000; provided that the Company may, from time to time, without the consent of the holders of the
Senior Notes, issue additional Securities under the Indenture having the same terms as the Senior Notes in all respects, except for the issue date, issue price and the initial interest payment date, such that any such additional Securities will be
consolidated and form a single series with the Senior Notes. 
 Notes in Definitive Form 
 This Security is exchangeable in whole or from time to time in part for Senior Notes of this series in definitive registered form only as provided herein and in the Indenture. If (1) at any time the Depositary
notifies the Company that it is unwilling or unable to continue as Depositary for this Security or if at any time the Depositary shall no longer be registered or in good standing under the Securities Exchange Act of 1934, as amended, or other
applicable statute or regulation, and the Company does not appoint a successor Depositary within 90 days after the Company receives such notice or becomes aware of such condition, as the case may be, (2) an Event of Default has occurred with
regard to the Senior Notes represented by this Security and has not been cured or waived or (3) the Company determines that this Security shall no longer be represented by a Global Security and executes and delivers to the Trustee an
Officers’ Certificate evidencing such determination, this Security shall be exchangeable for Senior Notes of this series in definitive registered form, provided that the definitive Senior Notes so issued in exchange for this Security shall be
in denominations of $1,000 and any integral multiples, without coupons, and in an aggregate principal amount equal to the principal amount of this Security to be exchanged. Except as provided above, owners of beneficial interests in this Security
will not be entitled to have Senior Notes registered in their names, will not receive or be entitled to physical delivery of Senior Notes in definitive registered form and will not be considered the holders thereof for any purpose under the
Indenture. 
  

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 Default 
 If an Event
of Default with respect to the Senior Notes shall occur and be continuing, the principal of the Senior Notes may be declared due and payable in the manner, with the effect and subject to the conditions provided in the Indenture. 
 Amendment and Modification 
 The Indenture permits, with certain
exceptions as therein provided, the amendment thereof and the modification of the rights and obligations of the Company and the rights of the holders of the Senior Notes under the Indenture at any time by the Company and the Trustee with the consent
of the holders of not less than a majority in aggregate principal amount of the Senior Notes at the time Outstanding. The Indenture also permits the holders of specified percentages in principal amount of the Senior Notes at the time Outstanding, on
behalf of the holders of all Senior Notes, to waive compliance by the Company with certain provisions of the Indenture and certain past defaults under the Indenture and their consequences. Any such consent or waiver by the holder of this Security
shall be conclusive and binding upon such holder and upon all future holders of this Security and of any Senior Note issued upon the registration of transfer hereof or in exchange hereof or in lieu hereof, whether or not notation of such consent or
waiver is made upon this Security. 
 Optional Redemption of the Senior Notes 
 The Senior Notes will be redeemable, in whole at any time or in part from time to time, at the option of the Company (a “Redemption Date”), at a redemption price (the “Redemption Price”) equal to
accrued and unpaid interest on the principal amount being redeemed to the Redemption Date plus the greater of (1) 100% of the principal amount of the Senior Notes to be redeemed or (2) the sum of the present values of the remaining
scheduled payments of principal and interest on the Senior Notes to be redeemed (not including any portion of such payments of interest accrued to the Redemption Date) discounted to the Redemption Date on a semiannual basis (assuming a 360-day year
consisting of twelve 30-day months) at the Adjusted Treasury Rate, plus 25 basis points. 
 If the Company has given notice as provided in the Indenture and
funds for the redemption of the Senior Notes called for redemption have been made available on the Redemption Date, those Senior Notes will cease to bear interest on the Redemption Date. Thereafter, the only right of the holders of those Senior
Notes will be to receive payment of the Redemption Price. 
 The Company will give notice of any optional redemption to holders of the Senior Notes at their
addresses, as shown in the Security Register, not more than 90 nor less than 30 days prior to the Redemption Date. The notice of redemption will specify, among other items, the Redemption Price and the principal amount of the Senior Notes held by
such holder to be redeemed. 
 “Adjusted Treasury Rate” means, with respect to any Redemption Date, the rate per year equal to the semiannual
equivalent yield to maturity of the Comparable Treasury Issue, assuming a price for the Comparable Treasury Issue (expressed as a percentage of its principal amount) equal to the Comparable Treasury Price for that Redemption Date. 
  

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 “Comparable Treasury Issue” means the United States Treasury security selected by the Quotation Agent as having
a maturity comparable to the remaining term of the Senior Notes to be redeemed that would be used, at the time of selection and under customary financial practice, in pricing new issues of corporate debt securities of comparable maturity to the
remaining term of the Senior Notes. 
 “Comparable Treasury Price” means, with respect to any Redemption Date, the average of the Reference
Treasury Dealer Quotations for the Redemption Date, after excluding the highest and lowest Reference Treasury Dealer Quotations, or if the Trustee obtains fewer than three Reference Treasury Dealer Quotations, the average of all Reference Treasury
Dealer Quotations. 
 “Quotation Agent” means Goldman, Sachs & Co. or another Reference Treasury Dealer appointed by the Company.

 “Reference Treasury Dealer” means Goldman, Sachs & Co. and its respective successors and, at our option, other nationally recognized
investment banking firms that are primary dealers of U.S. government securities in New York City. If any of the foregoing ceases to be a primary dealer of U.S. government securities in New York City, we must substitute another primary dealer of U.S.
government securities. 
 “Reference Treasury Dealer Quotations” means, with respect to each Reference Treasury Dealer and any Redemption Date, the
average, as determined by the Trustee, of the bid and asked prices for the Comparable Treasury Issue (expressed in each case as a percentage of its principal amount) quoted in writing to the Trustee by the Reference Treasury Dealer at 5:00 p.m., New
York City time, on the third business day before the Redemption Date. 
 If less than all of the Senior Notes are to be redeemed, the Company shall give the
Trustee at least 45 days advance notice of the Redemption Date as to the aggregate principal amount to be redeemed and the Trustee will select the Senior Notes or portions of Senior Notes to be redeemed by such method as the Trustee shall deem fair
and appropriate. The Trustee may select for redemption Senior Notes and portions of Senior Notes in amounts of whole multiples of $1,000. 
 Sinking Fund

 The Senior Notes will not be subject to any sinking fund. 
 Miscellaneous 
 No reference herein to the Indenture and no provision of this Security or of the Indenture shall alter or impair the
obligation of the Company, which is absolute and unconditional, to pay the principal of and interest on this Security at the time, place and rate, and in the coin or currency, herein and in the Indenture prescribed. 
 Any money that the Company deposits with the Trustee or any Paying Agent or that the Company holds in trust for the payment of principal or any interest on this Senior
Note that remains unclaimed for two years after the date upon which the principal and interest are 

  

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due and payable, will be repaid to the Company on May 31 of each year or (if then held by the Company) discharged from the trust. After that time,
unless otherwise required by mandatory provisions of any unclaimed property law, the holder of this Security will be able to seek any payment to which such holder may be entitled to collect only from the Company. 
 As provided in the Indenture and subject to certain limitations therein set forth, the transfer of this Security is registrable in the Security Register, upon surrender
for transfer of this Security at the office or agency of the Company designated for such purpose, duly endorsed by, or accompanied by a written instrument of transfer in form satisfactory to the Company or the Security Registrar and duly executed
by, the holder hereof or his attorney duly authorized in writing, and thereupon one or more new Securities of the same series as the Security presented for a like aggregate amount, will be issued to the designated transferee or transferees. No
service charge shall be made for any such exchange or registration of transfer, but the Company will require payment of a sum sufficient to cover any tax or other governmental charge payable in connection therewith. 
 Prior to due presentment of this Security for registration of transfer, the Company, the Trustee, any Paying Agent and the Security Registrar may deem and treat the
Person in whose name this Security is registered as the absolute owner hereof for all purposes, whether or not this Security be overdue and notwithstanding any notice of ownership or writing thereon made by anyone other than the Security Registrar,
and neither the Company nor the Trustee nor any Paying Agent nor the Security Registrar shall be affected by notice to the contrary. 
 The Senior Notes are
issuable only in registered form without coupons in denominations of $1,000 and any integral multiple thereof. As provided in the Indenture and subject to certain limitations therein set forth, Senior Notes are exchangeable for a like aggregate
principal amount of Senior Notes of a different authorized denomination, as requested by the holder surrendering the same upon surrender of the Senior Note or Senior Notes to be exchanged at the office or agency of the Company. 
 No recourse shall be had for payment of the principal of or interest on this Security, or for any claim based hereon, or otherwise in respect hereof, or based on or in
respect of the Indenture, against any incorporator, stockholder, officer or director, past, present or future, as such, of the Company or of any predecessor or successor corporation, whether by virtue of any constitution, statute or rule of law, or
by the enforcement of any assessment or penalty or otherwise, all such liability being, by the acceptance hereof and as part of the consideration for the issuance hereof, expressly waived and released. 
 Unless the certificate of authentication hereon has been executed by the Trustee by manual signature, this Security shall not be entitled to any benefit under the
Indenture or be valid or obligatory for any purpose. 
 This Security shall be deemed to be a contract made under the internal laws of the State of New York,
and for all purposes shall be construed in accordance with the laws of the State of New York. 
  

 11Employment Agreement - Daniel M. O?Donnell

 Exhibit 10.1 
 EMPLOYMENT AGREEMENT 
 THIS AGREEMENT
is made as of the 22nd day of February, 2007 by and between INTERSEARCH GROUP, INC., a Florida corporation
(the “Company”), and DANIEL M. O’DONNELL (the “Employee”). 
 W I T N E S S E T H :

 WHEREAS, the Company desires to assure itself of the Employee’s continued employment in an Employee capacity; and

 WHEREAS, the Employee desires to be employed by the Company on the terms and conditions hereinafter set forth. 
 NOW, THEREFORE, in consideration of the mutual covenants and agreements of the parties contained herein, and other good and valuable
consideration, the receipt and sufficiency of which is hereby acknowledged, the parties hereto covenant and agree as follows: 
 1.
Employment and Duties. Subject to the terms and conditions of this Agreement, the Company shall employ the Employee during the Term (as hereinafter defined) as the Chief Executive Officer of the Company, in such management capacities
as may be assigned, from time to time, by the Company. The Employee accepts such employment and agrees to devote his best efforts and entire business time, skill, labor and attention to the performance of such duties. In addition, the Employee
agrees to serve without additional compensation if elected or appointed to any additional office or position, including as a director, of the Company or any subsidiary or affiliate of the Company. The Company and the Employee hereby agree that the
Employment Agreement, dated December 10, 2004, as amended on February 1, 2005, previously entered into between Company and the Employee is hereby terminated in its entirety and that the Employee hereby waives and releases any and all
rights, entitlements, claims, causes of action, compensation, or benefits of any sort arising under such previous employment agreement, other than base salary which may have accrued thereunder and not been paid to the Employee as of the date of this
Agreement. 
 2. Term. Subject to the terms and conditions of this Agreement, including but not limited to the provisions for
termination set forth in Section 5 hereof, the employment of the Employee under this Agreement shall commence as of January 1, 2007 and shall continue through and including the close of business on the first annual anniversary date thereof
(such term shall herein be defined as the “Term”); provided, however, that this Agreement shall automatically renew for successive one (1) year terms unless and until terminated earlier pursuant to Section 5
hereof or until either party provides the other notice of nonrenewal at least thirty (30) days prior to the expiration of any term. If at any time the Company provides the Employee with a notice of nonrenewal, the Company shall be liable for
all monies and benefits due through the remainder of the term of the Agreement and the Employee shall be considered to have been terminated under Section 5(d) of this Agreement as of the last day of the Employee’s employment. 

 3. Compensation. 
 a. Base Salary and Bonus. As compensation for the Employee’s services under this Agreement, the Employee shall receive, and the Company
shall pay, a base salary of Two Hundred Seventy-Five Thousand and No/100 Dollars ($275,000.00) per year (the “Base Salary”). The Base Salary may be increased, but not decreased, during the Term, in the Board of Directors’
discretion, based upon the Employee’s performance and any other factors the Board of Directors deems relevant. The Base Salary shall be payable in accordance with the policy then prevailing for the Company’s Employees. In addition, the
Employee shall be entitled to participate in and receive payments from all other bonus and other incentive compensation plans as may be adopted by the Company on the same basis as other Employee officers of the Company. Notwithstanding the date of
this Agreement, the base salary and bonus eligibility provided in this Section 3(a) and the benefits provided in Section 3(c) hereof will be effective as of January 1, 2007, with any retroactive salary amount being
payable by the Company within a reasonable period of time following the execution of this Agreement. 
 b. Payments. All
amounts paid pursuant to this Agreement shall be subject to withholding or deduction by reason of the Federal Insurance Contribution Act, Federal income tax, state and local income tax, if any, and comparable laws and regulations. 
 c. Other Benefits. The Employee shall be reimbursed by the Company for all reasonable and customary travel and other business expenses
incurred by the Employee in the performance of the Employee’s duties hereunder in accordance with the Company’s standard policy regarding expense verification practices. The Employee shall be entitled to that number of weeks paid vacation
per year that is available to other Employee officers of the Company in accordance with the Company’s standard policy regarding vacations, and shall be eligible to participate in such pension, life insurance, health insurance, disability
insurance and other employee benefits plans, if any, which the Company may from time to time make available to its Employee officers generally. 
 4. Proprietary Information and Invention Assignment Agreement. 
 a. The Employee Proprietary Information and Invention
Assignment Agreement (the “Proprietary Information Agreement”) previously executed by the Employee shall continue in effect during the term of this Agreement. The Employee’s obligations under the Proprietary Information
Agreement, including, without limitation, obligations with respect to confidential and proprietary information, assignment of inventions, treatment of Company property and non-solicitation shall survive any termination of this Agreement or of the
Employee’s employment with the Company. 
 5. Termination. 
 a. Death. In the event of employee death during the term covered by this Agreement, the Employee’s employment and benefits shall
terminate in accordance with Section 5(d) of this Agreement. 
  

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 b. Disability. If, during the Term, the Employee becomes physically or mentally disabled in
accordance with the terms and conditions of any disability insurance policy covering the Employee or, if due to such physical or mental disability, the Employee becomes unable for a period of more than six (6) consecutive months to perform his
duties hereunder on substantially a full-time basis as determined by the Company in its sole reasonable discretion, the Company may, at its option, terminate the Employee’s employment hereunder in accordance with Section 5(d) of this
Agreement upon the termination of the six (6) month period referenced in this Section 5(b). 
 c. Termination for
Cause. The Company may terminate the Employee’s employment hereunder for Cause effective immediately upon notice. For purposes of this Agreement, the Company shall have “Cause” to terminate the Employee’s
employment hereunder: (i) if the Employee engages in conduct which has caused substantial and serious injury to the Company; (ii) if the Employee is convicted of a felony, as evidenced by a binding and final judgment, order or decree of a
court of competent jurisdiction; (iii) for the Employee’s repeated neglect of his duties hereunder or the Employee’s refusal to perform his duties or responsibilities hereunder, as determined by the Company’s Board of Directors
in good faith; (iv) for the Employee’s violation of this Agreement or any other Agreement between the Employee and the Company; (v) chronic absenteeism; (vi) use of illegal drugs; (vii) insobriety by the Employee while
performing his or her duties hereunder; (viii) any act of dishonesty or falsification of reports, records or information submitted by the Employee to the Company; (ix) Employee’s willful or reckless misconduct that causes material
injury to the Company; and (x) the issuance of an injunction or other judicial relief against the Employee finding that the Employee has caused material injury to the Company and enjoining the Employee from causing further material injury to
the Company. Prior to any termination for Cause by the Company of the Employee’s employment hereunder (other than for Cause which is not reasonably curable by the Employee), the Company shall provide the Employee with written notice of its
intention so to terminate (the “Termination Notice”). The Termination Notice shall set forth in reasonable detail the grounds for the termination for Cause. The Employee shall have a period of thirty (30) days from the date of
the receipt by the Employee of the Termination Notice, to remedy any act or omission of the Employee which constitutes the grounds for Cause hereunder. In the event of a termination of the Employee’s employment pursuant to this
Section 5(c), the Company shall pay to the Employee, in lieu of all other amounts and in settlement and complete release of all claims the Employee may have against the Company, an amount equal to two (2) weeks Base Salary. 
 d. Termination Without Cause. If Employee’s employment hereunder is terminated by the Company for any reason other than pursuant to
Sections 5(c), then the Company shall pay the Employee, in lieu of all other amounts and in settlement and complete release of all claims the Employee may have against the Company, the Severance Benefits. The “Severance Benefits”
shall consist of: 
 (1) Payment of an amount equal to the total cash compensation, including Base Salary and any and all cash bonuses, paid
to the Employee for services performed during the last completed fiscal year preceding his termination (“Cash Severance Compensation”), which amount shall be payable over the twelve (12)-month period 

  

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subsequent to the termination in equal installments based on the Company’s regular payroll schedule and subject to applicable withholdings,
provided however, that if the Lump Sum Date occurs prior to the payment in full of all installments of Cash Severance Compensation, then all remaining unpaid Cash Severance Compensation shall be paid on the Lump Sum Date. For purposes
hereof, the “Lump Sum Date” shall mean the last pay day of the Company immediately before the fifteenth (15th) day of the third month after the end of the calendar year in which the termination occurs. For purposes of calculating Cash Severance Compensation, bonuses paid in arrears in January for services performed in the previous
fiscal year are stipulated to be compensation for the year the services were performed. 
 (2) Continuation, at the cost of the Company,
from the date of termination until the Lump Sum Date (or until the date on which the final payment of Cash Severance Compensation is made, if earlier than the Lump Sum Date), of the benefits for which the Employee is eligible and receiving on the
date of termination, including, but not limited to, any pension, life insurance, health insurance, and other employee benefit plans, if any, which the Company may from time to time make available to its executive officers generally (but if the
Company cannot continue to provide such benefits following termination under the terms of any applicable plan, law, rule, or regulation, then the Company will provide the substantial economic equivalent thereof, as determined by the Company in its
reasonable discretion). 
 (3) Full accelerated vesting as of the date of termination of the Employee’s employment of any and all
unvested stock options and any other equity awards granted to the Employee, and notwithstanding anything to the contrary set forth in any award agreement, certificate, or document granted to the Employee prior to the date hereof, the Employee shall
have the continued right to exercise all vested stock options and other equity awards granted by the Company to the Employee for twelve (12) months following the date of termination of the Employee’s employment, but in no event beyond the
earlier of (i) the original expiration or termination date of the options or equity awards or (ii) the day that immediately precedes the date on which the option or award would become deferred compensation subject to Section 409A of
the Internal Revenue Code of 1986, as amended. 
 e. Voluntary Termination by the Employee. In the event of a termination of
the Employee’s employment by the Employee prior to the end of the Term, all payments to the Employee hereunder shall immediately cease and terminate. 
 6. “Market Stand-Off” Agreement. The Employee hereby agrees that he shall not, to the extent requested by the Company or an underwriter of securities of the Company, sell or otherwise transfer
or dispose of any shares of stock of the Company then owned by the Employee for (i) up to 180 days following the date of the final prospectus in connection with an initial public offering by the Company and (ii) up to 90 days following the
date of the final prospectus in connection with any registration statement of the Company filed under the Securities Act within twenty-four months (24) months of the closing date of an initial public offering by the Company; provided,
however, that such agreement shall be applicable only to the registration statements of the Company that cover securities to be sold to the public in an underwritten offering but not to shares held by Employee sold pursuant to such
registration 

  

 -4- 

 
statement. In addition, the Employee agrees to execute an agreement, in the lead underwriter’s standard form, reflecting the foregoing at the time of
the underwritten offering. The provisions of this Section 6 shall be binding upon any transferee or assignee of any shares of stock owned by the Employee. 
 7. Notice. For purposes of this Agreement, notices and all other communications provided for herein shall be in writing and shall be deemed to have been duly given when hand-delivered, sent by
telecopier, facsimile transmission or other electronic means of transmitting written documents (as long as receipt is acknowledged) or mailed by United States certified or registered mail, return receipt requested, postage prepaid, addressed as
follows: 
 If to the Employee, to the address set forth on the signature page 
  

			
	If to the Company:	    	222 Kearny Street; Suite 550
		    	San Francisco, CA 94108
		    	Attn: Frank J. McPartland
		
	With a copy to:	    	Foley & Lardner LLP
		    	100 North Tampa Street
		    	Suite 2700
		    	Tampa, Florida 33602
		    	Attn: Martin A. Traber

 or to such other address as either party may have furnished to the other in writing in accordance
herewith, except that a notice of change of address shall be effective only upon receipt. 
 8. Miscellaneous. No provision of
this Agreement may be modified or waived unless such waiver or modification is agreed to in writing signed by the parties hereto. No waiver by any party hereto of any breach by any other party hereto shall be deemed a waiver of any similar or
dissimilar term or condition at the same or at any prior or subsequent time. This Agreement is the entire agreement between the parties hereto with respect to the Employee’s employment by the Company and there are no agreements or
representations, oral or otherwise, expressed or implied, with respect to or related to the employment of the Employee which are not set forth in this Agreement. Any prior agreement relating to the Employee’s employment with the Company is
hereby superseded and void, and is no longer in effect. This Agreement shall be binding upon and inure to the benefit of the Company, its respective successors and assigns, and the Employee and his heirs, executors, administrators and legal
representatives. Except as expressly set forth herein, no party shall assign any of his or its rights under this Agreement without the prior written consent of the other party and any attempted assignment without such prior written consent shall be
null and void and without legal effect. The parties agree that if any provision of this Agreement shall under any circumstances be deemed invalid or inoperative, the Agreement shall be construed with the invalid or inoperative provision deleted and
the rights and obligations of the parties shall be construed and enforced accordingly. The validity, construction, enforcement, and interpretation of this Agreement are governed by the laws of the State of California and the federal laws of the
United States of America, excluding the laws of those jurisdictions 

  

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pertaining to resolution of conflicts with laws of other jurisdictions. Each party to this Agreement (a) consents to the personal jurisdiction of the
state and federal courts having jurisdiction in San Francisco, California (b) stipulates that the proper, exclusive, and convenient venue for any legal proceeding arising out of this Agreement is San Francisco, California, for state court
proceedings, and the Northern District of California; San Francisco Division, for federal district court proceedings, and (c) waives any defense, whether asserted by a motion or pleading, that San Francisco, California, or the Northern District
of California; San Francisco Division, is an improper or inconvenient venue. This Agreement may be executed in one or more counterparts, each of which shall be deemed to be an original but all of which together will constitute but one and the same
instrument. This Agreement has been jointly drafted by the respective representatives of the parties and no party shall be considered as being responsible for such drafting for the purpose of applying any rule constituting ambiguities against the
drafter or otherwise. 
  

 -6- 

 IN WITNESS WHEREOF, the parties have executed this Agreement as of the day and year first above
written. 
  

			
	INTERSEARCH GROUP, INC., a Florida corporation
		
	By:	 	 /s/ Frank J. McPartland

		 	Frank J. McPartland
		 	Vice Chairman of the Board
	
	EMPLOYEE:
	
	 /s/ Daniel M. O’Donnell

	Daniel M. O’Donnell
	
	Address of Employee:
	31 Fairfield Way
	San Francisco, CA 94127

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