Document:

Sixth Addendum to the May 2005 AdCenter License, Hosting and Support Agreement

 Exhibit 10.73 
  

	
	 *** Text Omitted and Filed Separately with
 the Securities and Exchange Commission.
 Confidential Treatment Requested Under
 17 C.F.R. Sections 200.80(b)(4) and 240.24b-2

  
 SIXTH ADDENDUM TO 
 ADCENTER LICENSE, HOSTING AND SUPPORT AGREEMENT 
 This Sixth Addendum is entered into by and between IAC Search & Media,
Inc., a Delaware corporation (“Partner”) and LookSmart, Ltd., a Delaware corporation (“LookSmart”) and is the sixth addendum to that certain AdCenter License, Hosting and Support Agreement by and between Partner and LookSmart
entered into as of May 16th, 2005, as amended by the parties in five prior addenda (collectively, the “Agreement”). This Sixth Addendum is effective as of December 1, 2009 (the “Addendum Effective Date”). 
 WHEREAS, the parties entered into the Agreement on May 16, 2005; 
 WHEREAS, the parties amended the Agreement in five addenda dated January 2006, June 2006, January 2007, June 2007, and March 2008; 
 WHEREAS, on May 19, 2009, Partner notified LookSmart that it would not renew the Agreement and that the Agreement would expire by its term
effective December 31, 2009; 
 WHEREAS, Partner now wishes to renew the Agreement beyond December 31, 2009; and 
 WHEREAS, the parties wish to amend the Agreement to, among other things, extend the Term. 
 NOW THEREFORE, for good and adequate consideration, the receipt of which is acknowledged, the parties agree as follows: 
  

	1.	All capitalized terms used herein and not otherwise defined herein shall have the respective meanings assigned thereto in the Agreement 

  

	2.	Paragraphs 3(a) and 3(h) are hereby deleted in their entirety and replaced with the following: 

 “Subscription Payment. Partner shall pay to LookSmart the following Subscription Payment for Gross Revenues and Third Party Gross
Revenues collected by Partner in each calendar month during the Term. For the avoidance of doubt, the revenue share payments described in this section shall be due and payable (at the time specified in Section 3(d) below) beginning on
January 1, 2010.” 
  

			
	 Time Period
	  	 Subscription Payment

	January 2010	  	[...***...]
	February 2010	  	 [...***...]

	March 2010	  	 [...***...]

	Extended Term	  	 [...***...]

	3.	Paragraph 4 of the Agreement entitled “Partner Obligations” shall be amended to include the following subparagraph: 

 “e. Use Restrictions. Partner’s use of the AdCenter in any twenty-four (24) hour period shall not exceed [...***...]. For the
purposes of this paragraph the term “Query” shall mean an individual http request made to the AdCenter for results; the term “Keyword Listing” shall mean each keyword associated with an Ad Group; the term “Ad Group”
shall mean individual keywords targeted by each advertiser; and the term “Impression” shall mean each Keyword Listing result returned in response to a Query.” 
  

	4.	Paragraph 8(a) of the Agreement is deleted in its entirety and replaced with the following: 

 “Term. The term of this Agreement (the “Term”) will begin on the Effective Date and will end on March 31, 2010.
Thereafter, Partner may extend the Term in one-month intervals up to a maximum of six months by providing thirty (30) days prior written notice to LookSmart (the “Extended Term”).” 
  

	5.	Paragraph 8(c) is deleted in its entirety and replaced with the following: 

 “c. Termination for Violations of Use Restrictions: LookSmart may terminate this Agreement if Partner is in breach
of the Use Restrictions defined in paragraph 4(e) above and that breach remains uncured for five (5) days following delivery of written notice to Partner of the breach.” 
  

	6.	Except as expressly modified herein, the Agreement shall remain in full force and effect. 

  

							
	 Partner
	 	LookSmart
				
	 By:
	 	 /s/ James Speer
	 	  By:	 	/s/ Michael Schoen
				
	 Name:
	 	James Speer	 	  Name:	 	Michael Schoen
				
	 Title:
	 	President	 	  Title:	 	VP/GM, Advertising Platform
				
	 Date:
	 	12/22/09	 	  Date:	 	12/22/09

 *** Confidential Treatment
RequestedEmployment offer letter

 Exhibit 10.74 
 January 30, 2009 
 Gill Brown 
 973 El Cajon Drive 
 Danville, CA 94526 
 Dear Gill, 
 I am pleased to offer you a
full-time, regular position with LookSmart Ltd. As discussed, your title will be Vice President, Advertising Sales. In this position, you will be reporting to me and you will be working as part of the Advertising Networks Team. 
 Your start date will be February 17, 2009. Your compensation on joining is US $150,000** per annum, paid in accordance with the Company’s
regularly established policies. In addition, your incentive compensation at 100% of “plan” will be $125,000. Earned incentive compensation will be paid on a quarterly basis, based on your achievement of approved quarterly performance
targets. These targets will include measures of corporate, business unit and individual performance. We will also guarantee your full bonus payment for 3 months from the date of hire. 
 You will be eligible to enroll in LookSmart’s benefits package. Details of LookSmart’s benefit plans are provided in the Suite of Benefits document. You should note that the Company may modify
compensation and benefits from time to time, as it deems necessary. 
 You should be aware that your employment with the Company is for no
specified period and constitutes at-will employment. Just as you are free to resign at anytime for any reason or no reason, similarly the Company is free to terminate its employment relationship with you at any time, with or without cause, and with
or without notice. 
 Stock Options 
 At hire, you will be granted 32,000 stock options, which will be presented to the Board or its designee for approval as soon as possible in accordance with their practices. The exercise price for your options will be the closing price of
LookSmart, Ltd. stock as quoted on the NASDAQ exchange on the day of grant. Your options will vest over a period of four years, with the first 25% vesting at your one-year anniversary. The remaining 75% will vest monthly thereafter (1/48 per month).
Such options shall be subject to terms and conditions of the Company's Stock Option Plan and Stock Option Agreements. I am happy to provide you with a copy of the Plan. 
 Other 
 This offer of employment is also contingent upon presenting verification of your
identity and your legal right to work in the United States. 
 You are required to observe at all times all LookSmart policies and procedures,
as set forth in the Employee Handbook. 

 In the event of any dispute or claim relating to or arising out of our employment relationship, you and the
Company agree that all such disputes, including but not limited to, claims of harassment, discrimination and wrongful termination, shall be settled by binding arbitration held in San Francisco, California, under the Arbitration Rules set forth in
California Code of Civil Procedure Section 1280, et seq., including Section 1283.05, (the "Rules") and pursuant to California law. A copy of the Rules is available for your review prior to signing this Agreement. 
 In order to make this a valid agreement, please sign this letter, initial each page, and return to Cindy Telford in Human Resources. If you require
clarification of any matter, please feel free to contact me. 
 We look forward to you joining us. 
  

	
	Sincerely,
	
	 /s/ Jonathan Ewert

	Jonathan Ewert
	SVP and GM Advertiser Networks

  

									
	Accepted and agreed to by:	  	             /s/ Gill
Brown
	 	Date:	  	    2/6/09    	  	
		  	Gill Brown (signature)	 		  		  	

  

	**	On June 1, 2009, the salary was decreased by 5% to $142,500 in connection with the 10% salary reduction of the named executive officers of LookSmart, Ltd.Amended and Restated Management Incentive Letter - John A. Lederer

 Exhibit 10.42 
 [Duane Reade Holdings, Inc. Letterhead] 
 Mr. John A. Lederer

 33 Heath Street West 
 Toronto M4V
1T2 
 Ontario, Canada 
 Dear
Mr. Lederer: 
 As you know, Duane Reade Holdings Inc., a Delaware corporation (the “Company”), Walgreen
Co., an Illinois corporation (“Buyer”), Duane Reade Shareholders, LLC, a Delaware limited liability company, (“Seller Representative”) and the other stockholders of the Company (together with the Seller
Representative, the “Sellers”), entered into a Securities Purchase Agreement, effective February 17, 2010 (as amended and restated from time to time, the “Purchase Agreement”) that, upon consummation of the
transactions contemplated thereby (the “Transaction”), will result in the Company becoming wholly-owned by Buyer. 
 Therefore, subject to the consummation of the Transaction (the “Closing”), Seller Representative, the Company and you each agree to the following: 
 1. Definitive Payment. Subject to your continued employment through the Closing, you will receive a lump sum cash payment (the
“Special Closing Payment”) in a pre-tax amount equal to (a) $4,441,000, minus (b) any amounts you receive pursuant to the terms of the Purchase Agreement in respect of your then-outstanding options to purchase
Company common stock, granted under the Company’s Management Stock Option Plan (“Options”), which Options shall be cancelled immediately prior to the Closing, and minus (c) any amounts you receive pursuant to the
terms of any other existing contractual commitments that are contingent, in whole or in part, on the occurrence of the Transaction. The Special Closing Payment shall be paid by wire on the Closing Date (as defined in the Purchase Agreement) to the
account information provided by you to the Company in advance of the Closing. Exhibit A to this letter sets forth your Options that are outstanding as of the date hereof. 
 2. Contingent Payment. Subject to your continued employment through the Closing, you will be eligible to receive a lump sum cash payment (the “Contingent Additional Payment”) in a
pre-tax amount equal to 34.60% of the amount of the Available Pool. For purposes of this letter, “Available Pool” means an amount not in excess of $2,500,000, as determined by the persons who are members on the date hereof of the
Compensation Committee of the Board of Directors of the Company (the “Compensation Committee”), in their sole discretion, based on (1) the achievement of the Company’s financial budget for the 2010 fiscal year during the
period from the beginning of the 2010 fiscal year through the Closing and (2) in connection with the transactions contemplated by the Purchase Agreement, (A) successful resolution for the account of both Buyer and Sellers of the following
matters described in the Company Disclosure

 
Letter (as defined in the Purchase Agreement): (a) Item 3 of Schedule 3.9(a), Item 1 of Schedule A(ii), Item 1 of Schedule 8.3(c)(ii)(A) and
Item 1 of Schedule 9.12(i); (b) Item 14 of Schedule 3.12; (c) Item 7 of Schedule 3.16(a), Item 1 of Schedule A(i) and Items 1 and 2 of Schedule 9.13; and (d) Item 3 of
Schedule 3.16(a), Item 2 of Schedule A(ii) and Item 2 of Schedule 9.12(ii) and (B) release of all indemnities without cost to Sellers. The Contingent Additional Payment, if any, shall be paid promptly following
(but in no event more than 75 days after) the final determination of indemnification obligations relating to the representations and warranties under the Purchase Agreement. 
 3. No Company Liability After Closing. Except as provided in Paragraph 8 below, from and after the Closing, the Company shall have no
liability for payment of the Special Closing Payment (to the extent not paid on the Closing Date) or any Contingent Additional Payment, and from and after the Closing, Seller Representative shall be solely liable for any payments to be made
hereunder. 
 4. Subject to Transaction. You shall be eligible to receive the Special Closing Payment and the Contingent
Additional Payment only if the Closing occurs. If the Closing does not occur, this letter shall be null and void ab initio, and shall have no legal force or effect. For the avoidance of doubt, the Special Closing Payment and the Contingent
Additional Payment, if any, are payable only in respect of the Transaction as contemplated by the Purchase Agreement, and shall not apply to any other transaction with Buyer or any other person or entity. 
 5. Shareholder Approval Condition. To the extent that any portion of either or both of the Special Closing Payment and the Contingent
Additional Payment would be an “excess parachute payment” (within the meaning of Section 280G of the Internal Revenue Code of 1986, as amended, (the “Code”) and the regulations thereunder) (any such portions, the
“Potential Parachute Payments”), then payment of the Potential Parachute Payments shall be subject to, and conditioned upon, shareholder approval of the Special Closing Payment and the Contingent Additional Payment obtained in
accordance with the requirements of Section 280(G)(b)(5) of the Code, and the regulations promulgated thereunder (which approval may only be effectively obtained in connection with the disclosure of the Transaction to the Company’s
stockholders). For the avoidance of doubt, the payment of the portions of the Special Closing Payment and Contingent Additional Payment that are not Potential Parachute Payments are not subject to or conditioned upon obtaining such shareholder
approval. 
 6. No Effect on 2009 Annual Bonus. The opportunities to receive the Special Closing Payment and the
Contingent Additional Payment shall not affect your annual bonus opportunity for the Company’s 2009 fiscal year. 
 7.
Withholding Taxes. The Company and/or Seller Representative may withhold from any amounts payable in respect of the Special Closing Payment and the Contingent Additional Payment such U.S. federal, state and local taxes as may be required to
be withheld pursuant to any applicable law or regulation. 
  

 2 

 8. Cooperation Following the Closing. Notwithstanding the provisions of Paragraph 3
above, the Company agrees to provide Seller Representative with such information as is reasonably needed for Seller Representative to determine the tax and withholding obligations applicable to the Special Closing Payment and the Contingent
Additional Payment and to cooperate with Seller Representative as is reasonably necessary to satisfy any withholding and reporting obligation that may apply to the Special Closing Payment and the Contingent Additional Payment. 
 9. No Other Special Transaction Payments. Other than payments in respect of Options and pursuant to any previously existing
contractual agreements described in clauses (b) and (c) of Paragraph 1 above, respectively, you acknowledge that the Special Closing Payment and the Contingent Additional Payment (and similar payments to other selected members of Company
management), and any retention payments that may become payable by Buyer to you following the Closing in accordance with a separate letter agreement between you and the Buyer, represent the entire consideration to be payable to you in connection
with the Transaction. The amounts payable by Buyer to you in connection with the transaction are disclosed in the agreement set forth as Exhibit B to this letter. You agree that the amounts payable by Buyer to the members of your management team as
of the date hereof and the retention period for each such manager (such period, the “Retention Period”) are set forth on Exhibit C to this letter. You represent that other than Buyer’s promise during the relevant Retention
Period to (A) keep salaries the same, (B) advance or reimburse the same miscellaneous expenses as under the Company’s current agreements with management, (C) keep bonus opportunities at least comparable to the current bonus
opportunities available to you and the individuals listed on Exhibit C from the Company and (D) provide the retention bonuses shown on Exhibit C, you and the individuals listed on Exhibit C have not been promised anything else by Buyer. For the
avoidance of doubt, the foregoing provisions of this Paragraph 9 do not preclude you in any way from receiving any proceeds pursuant to the Purchase Agreement from the realization of your investments in the Company’s common stock or Series A
preferred stock, or pursuant to awards under the Company’s Phantom Stock Plan. 
 10. Governing Law. The
interpretation, construction and performance of this award letter shall be governed by and construed and enforced in accordance with the internal laws of the State of New York without regard to its principles of conflicts of laws. 
 11. IRC Section 409A. This letter is intended to comply with the requirements of Section 409A of the Internal Revenue Code
of 1986, as amended, and the regulations promulgated thereunder (“Section 409A”), or an exemption or exclusion therefrom, and, with respect to amounts that are subject to Section 409A, shall in all respects be administered in
accordance with Section 409A. Notwithstanding the foregoing, you shall be solely responsible and liable for the satisfaction of all taxes and penalties that may be imposed on or for your account in connection with this letter (including any
taxes and penalties under Section 409A), and neither the Company, the Seller Representative nor any of their affiliates shall have any obligation to indemnify or otherwise hold you harmless from any or all of such taxes or penalties.

  

 3 

 12. Entire Agreement; Amendments. This letter and the Purchase Agreement (to the
extent related to the calculation of the Special Closing Payment and the Contingent Additional Payment) constitute the entire agreement and understanding of the parties regarding the subject matter of this letter and supersedes all previous
agreements, arrangements, communications, and understandings relating to such subject matter. This letter may be amended, modified, superseded, or canceled, and any of the terms thereof may be waived, only by a written document signed by a duly
authorized officer of the Seller Representative and you. 
 13. Company Not a Party From and After the Closing. From and
after the Closing, the Company shall no longer be a party to this letter. 
 14. Miscellaneous. This letter agreement is
entered into on March 18, 2010 and amends and restates the letter agreement you entered into with the Company and Seller Representative on February 17, 2010 (the “Original Letter”). The parties acknowledge and agree that,
notwithstanding anything to the contrary contained herein, this letter agreement shall be effective as of the time of the execution and delivery of the Original Letter (the “Effective Time”), and, accordingly, the temporal phrases
and words “the date hereof,” “existing” and any substantially similar phrase or word used herein shall be deemed to refer or relate to the Effective Time as if this amended and restated letter were delivered at such time.

  

 4 

 15. Counterparts. This letter may be signed in counterparts (including via facsimile
and electronic image scan (PDF)), each of which shall be an original, with the same effect as if the signatures thereto and hereto were upon the same instrument. 
  

					
	DUANE READE HOLDINGS, INC.
		
	By:	 	 /s/ VINCENT A. SCARFONE

		 	Name:	 	Vincent A. Scarfone
		 	Title:	 	Senior Vice President – Human Resources and Administration
	
	DUANE READE SHAREHOLDERS, LLC
		
	By:	 	 /s/ TYLER J. WOLFRAM

		 	Name:	 	Tyler J. Wolfram
		 	Title:	 	Vice President and Secretary

  

	
	AGREED TO AND ACCEPTED BY:
	
	 /s/ JOHN A. LEDERER

	John A. Lederer

  

 5 

 EXHIBIT A 
 Outstanding Options 
  

								
	 Holder
	  	Number of shares of
Common Stock subject
to Company Option	  	Exercise price
per share	  	Date of grant
	 John Lederer
	  	99,000	  	$	100.00	  	04/02/08
	 John Lederer
	  	66,000	  	$	100.00	  	04/02/08

  

 6

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