Document:

Exhibit 10.14 Fourth Amendment City of Long Beach (Phase III)

Exhibit 10.14

FOURTH AMENDMENT TO LEASE AGREEMENT
PARCELS 3, 4 AND 8 PARCEL MAP NO. 16960
(July 17, 1985)

THIS FOURTH AMENDMENT TO LEASE AGREEMENT OF JULY 17, 1985 (“Fourth Amendment”) is entered into this 20th day of June, 2002, pursuant to Ordinance No. C-7795 adopted by the City Counsel of the City of Long Beach on the 2nd day of April 2002 (“Ordinance”), by and between the CITY OF LONG BEACH, a municipal corporation (“Landlord”) and KILROY REALTY, L.P., a Delaware limited partnership (“Kilroy Realty, L.P.”), successor-in-interest to KILROY LONG BEACH ASSOCIATES, a California limited partnership (“KLBA”), hereinafter referred to as “Developer”.

RECITALS

A.On July 17, 1985, a lease was entered into between Landlord and Developer (“Lease”), which demised to Developer the Real Property described in Exhibit A to the Lease.

B.    On July 22, 1988, Parcel Map No. 16960 was recorded in Book 208, Pages 92-100 of Parcel Maps in the Office of the County Recorder, Los Angeles County, State of California.

C.    On January 24, 1989, the Lease was amended and subdivided by a First Amendment to Lease in accordance with Subsection 7.6 of the Lease in order to establish three (3 separate ground leases between Landlord and Developer, as follows:

Parcels 1 and 2 - Phase 1 of the development of Parcel Map No. 16960

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Parcels 5 and 6 – Phase 2 of the development of Parcel Map No. 16960

Parcels 3, 4 and 8 - Phase 3 of the development of Parcel Map No. 16960

D.    On December 29, 1990, the Lease for Parcels 3, 4 and 8 was further amended by a Second Amendment to Lease Agreement in order to recognize and clarify certain issues arising out of a development agreement entered into between the parties in September 1990.

E.    On October 10, 1994, the Lease for Parcels 3, 4 and 8 was further amended by a Third Amendment to Lease to provide for payment of past due rental and adjustments to rental payable by Developer.

F.    On January 30, 1997, the Lease for Parcels 3, 4, and 8 was assigned by KLBA, to KILROY REALTY, L.P. by an instrument entitled “Assignment and Assumption of Ground Lessee’s Interest in Ground Lease and Grant Deed.” The Lease, the First Amendment to Lease, Second Amendment to Lease, Third Amendment, Assignment and Assumption of Ground Lessee’s Interest in Ground Lease and the Grant Deed to Lease, are hereinafter collectively referred to as the “Lease.”

G.    The parties now desire to further amend the Lease.  

NOW THEREFORE the Lease is hereby amended as follows:

1.    Subsection 3.2.1 of the Lease is amended in its entirety to read as follows:

3.2.1    Adjustment Dates.  In order to adjust the annual Ground Rent for parcels 3, 4, and 8, the fair market land value of each parcel and the prevailing rate of return shall be determined as of January 1, 2001, and every five (5)

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years thereafter.  The Ground Rent shall be adjusted accordingly on the first day of each sixth year.  Said dates of adjustment of Ground Rent shall be referred to for convenience as “adjustment dates.”

2.    Subsection 3.2.4 of the Lease is amended in its entirety to read as follows:

3.2.4    Maximum Rent Adjustment.  The adjustment, if any, in Ground Rent for parcels upon which one or more buildings have been constructed at the time of any adjustment date shall be limited as set forth below:

3.2.4.1    Allocation to Parcels.  At the time of execution of the Lease, the Ground Rent shall be allocated between the parcels within the Premises in the manner set out in subsection 3.1.2.  The percentage of rent attributable to each parcel shall remain in effect during the term of the Lease unless parcel areas change.

3.2.4.2    Base Period.  The Base Period for a parcel shall be the first twelve (12) calendar month period after the point in time when eighty percent (80%) of the rentable space on the particular parcel is first leased.  The Base Period for parcel 3 is hereby established to be the twelve (12) month period from 10/1/99 to 9/30/00; and the Base Period for parcel 4 is hereby established to be the twelve (12) month period from 8/1/00 to 7/31/01.

3.2.4.3    Comparison Year Period.  The Comparison Year Period for a parcel shall be the twelve (12) month period immediately prior to the applicable Ground Rent adjustment date.

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3.2.4.4    Weighted Average Sublease Monthly Rental Rate.  For each parcel, the Weighted Average Sublease Monthly Rental Rate for each applicable Base Period or Comparison Year Period shall be determined as follows:  

a.    Each of the subleases in existence during a particular Base Period or Comparison Year Period shall be categorized as a full service gross lease.  To the extent that any of the sublease agreements are other than a full service gross lease, the base monthly rent under such sublease shall be converted to an equivalent full service gross lease by increasing such base monthly rent by the amount of expenses paid directly by the subtenant that normally would be paid by the landlord under a full service gross lease during the first year of occupancy.  The base rent paid under a full service gross sublease or other type of lease in which the base rent is converted as provided herein is defined as the “base rent”.  If during a particular Base Period or Comparison Year Period there is a sublease(s), other than a full service gross lease, Developer shall, within sixty ( 60) days after Landlord’s written request, which request may only occur after the expiration of the first nine (9) months of a Comparison Year Period, deliver to Landlord information identifying expense items and the amounts thereof which have been paid by a subtenant under such sublease and have been added to the base monthly rental thereunder to convert such sublease to an equivalent full service gross lease.  In addition, such information shall also include the amount of any excess tenant improvement amortizations or other similar 

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concessions or considerations that Developer has received and excluded from base rent.

b.    For each sublease on a particular parcel, the total base rent stabilized to exclude excess tenant improvement amortization or other similar concessions or considerations, due to and to be received by Developer over the entire term of such sublease (said term shall specifically exclude any unexercised option periods and said base rent shall only include fixed rental increases) shall be computed and then divided by the rentable square footage of said sublease space, and the result shall then in turn be divided by the total number of months of said sublease term.  The resulting amount shall be deemed to be the Average Sublease Monthly Rental Rate for that particular sublease.  Each such amount shall then be weighted by multiplying it by the quotient resulting from dividing the sublease’s total rentable square footage by the total rentable square footage under sublease resulting in the Weighted Average Sublease Monthly Rental Rate for each sublease.  The sum of all such amounts shall be the Total Weighted Average Sublease Monthly Rental Rate.

3.2.4.5    Sublease Rental Percentage Change.  The Sublease Rental Percentage Change for each parcel shall be determined by calculating the average percentage change of the Total Weighted Average Sublease Monthly Rental Rates between the Base Period and the applicable Comparison Year Period.  Said average percentage change calculation shall be performed as follows:

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a.    The Base Period Total Weighted Average Sublease Monthly Rental Rate shall be subtracted from the Comparison Year Period Total Weighted Average Sublease Monthly Rental Rate, and then dividing that result by the Base Period Total Weighted Average Sublease Monthly Rental Rate.

3.2.4.6    Adjusted Ground Rent.  The “Adjusted Ground Rent” for each parcel at any given adjustment date shall be the lesser of the Adjusted Fair Market Rental Value for such parcel as determined in subsection 3.2.2 above or the initial Ground Rent for such parcel plus the product of the Sublease Rental Percentage Change determined in 3.2.4.5 above times the initial Ground Rent for such parcel.

3.2.4.7    Sale or Assignment of Leasehold Interest.  Should the Developer sell, assign or otherwise transfer its leasehold interest to an owner-user such that sublease rental is not paid to Developer, the fair market sublease rental for such building, using the criteria and methods set out in subsection 3.2.2, shall become the basis for calculating the maximum rental adjustment using the process described in subsection 3.2.4.5 above.

3.2.4.8    ARBITRATION OF DISPUTE.  ANY DISPUTE BETWEEN LANDLORD AND DEVELOPER CONCERNING THE CONVERSION OF A SUBLEASE TO AN EQUIVALENT FULL SERVICE GROSS LEASE, OR THE EXCLUSION OF EXCESS TENANT IMPROVEMENT AMORTIZATIONS OR OTHER SIMILAR CONCESSIONS OR CONSIDERATIONS, AS DESCRIBED IN SUBSECTION 3.2.4.4a ABOVE, SHALL BE DECIDED BY NEUTRAL BINDING ARBITRATION IN ACCORDANCE WITH THE RULES OF THE AMERICAN ARBITRATION ASSOCIATION, RATHER THAN BY COURT 

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ACTION.  JUDGMENT UPON THE AWARD RENDERED BY THE ARBITRATOR(S) MAY BE ENTERED IN ANY COURT HAVING JURISDICTION THEREOF.  THE FILING OF A JUDICIAL ACTION TO ENABLE THE RECORDING OF A NOTICE OF PENDING ACTION, FOR ORDER OF ATTACHMENT, RECEIVERSHIP, INJUNCTION, OR ACTION, FOR ORDER OF ATTACHMENT, RECEIVERSHIP, INJUNCTION, OR OTHER PROVISIONAL REMEDIES SHALL NOT CONSTITUTE A WAIVER OF THE OTHER PROVISIONAL REMEDIES AND SHALL NOT CONSTITUTE A WAIVER OF THE RIGHT TO ARBITRATE UNDER THIS PROVISION.  ANY ELECTION BY A PARTY TO ARBITRATE ANY DISPUTE OR CLAIM THAT MAY BE ARBITRATED PURSUANT TO THIS AGREEMENT SHALL BE MADE BY SENDING WRITTEN NOTICE TO THE OTHER PARTY PRIOR TO THE EARLIER OF:  (I) THE TIME WHEN AN ACTION WITH RESPECT THERETO WOULD BE BARRED BY CALIFORNIA LAW; OR (II) IF AN ACTION HAS BEEN BROUGHT WITH RESPECT THERETO, SIX MONTHS AFTER SERVICE OF SUCH ACTION UPON THE PARTY ELECTING TO ARBITRATE (OR, IF THE PARTY DESIRING TO ELECT TO ARBITRATE FILED THE ACTION, SIX MONTHS AFTER THE FILING OF THE ACTION) .

WITHIN FIVE (5) BUSINESS DAYS AFTER RECEIPT OF WRITTEN NOTICE FROM A PARTY SUBMITTING ANY DISPUTE TO ARBITRATION PURSUANT TO THIS SUBSECTION, LANDLORD AND DEVELOPER SHALL APPOINT A DISINTERESTED PERSON AS ARBITRATOR (THE “ARBITRATOR”) AS FOLLOWS:  THE PARTIES SHALL REQUEST THE LOS ANGELES SUPERIOR COURT TO CHOOSE AN ARBITRATOR PURSUANT TO SECTION 1281.6 OF THE CALIFORNIA CODE OF CIVIL PROCEDURE.  THE ARBITRATOR SHALL ESTABLISH A TIME AND PLACE IN THE COUNTY OF LOS ANGELES FOR HEARING THE MATTER TO BE ARBITRATED, SUCH HEARING TO BE NOT LATER THAN THIRTY (30) DAYS AFTER THE APPOINTMENT OF THE ARBITRATOR.  THE HEARING PROCEEDINGS SHALL BE CONDUCTED IN ACCORDANCE WITH THE COMMERCIAL ARBITRATION RULES OF THE AMERICAN ARBITRATION ASSOCIATION.  THE ARBITRATOR SHALL DETERMINE THE CONTROVERSY AND EXECUTE AND ACKNOWLEDGE HIS OR HER AWARD WITHIN THIRTY (30) 

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DAYS AFTER HEARING THE MATTER.  THE ARBITRATOR SHALL BE ONLY AUTHORIZED TO (X) DETERMINE THOSE EXPENSE ITEMS AND THE AMOUNT THEREOF WHICH SHOULD BE ADDED TO THE BASE MONTHLY RENT PAYABLE UNDER A SUBLEASE, OTHER THAN A FULL SERVICE GROSS LEASE, TO CONVERT SUCH SUBLEASE TO AN EQUIVALENT FULL SERVICE GROSS LEASE AND (Y) THE AMOUNT OF ANY EXCESS TENANT IMPROVEMENTS AMORTIZATIONS OR OTHER SIMILAR CONCESSIONS OR CONSIDERATIONS THAT DEVELOPER HAS RECEIVED AND EXCLUDED FROM BASE RENT.  THE DECISION OF THE ARBITRATOR SHALL BE DELIVERED TO EACH PARTY TO THE ARBITRATION IN WRITING, AND SHALL BE FINAL AND BINDING UPON ALL PARTIES.  THE PARTIES EACH SHALL HAVE THE RIGHT TO REASONABLE DISCOVERY PURSUANT TO THE PROVISIONS OF SECTION 1283.05 OF THE CALIFORNIA CODE OF CIVIL PROCEDURE DURING THE PROCEEDINGS.  JUDGMENT UPON THE AWARD RENDERED BY THE ARBITRATOR MAY BE ENTERED IN ANY COURT HAVING JURISDICTION THEREOF.  THE ARBITRATOR SHALL DETERMINE IN WHAT PROPORTION THE PARTIES SHALL BEAR THE COST OF THE ARBITRATION, INCLUDING AN AWARD OF REASONABLE ATTORNEY’S FEES.  

NOTICE:  BY INITIALING THE SPACE BELOW YOU ARE AGREEING TO HAVE ANY DISPUTE ARISING OUT OF THE MATTERS INCLUDED IN THE ‘ARBITRATION OF DISPUTES’ PROVISION DECIDED BY NEUTRAL ARBITRATION AS PROVIDED BY CALIFORNIA LAW AND YOU ARE GIVING 

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UP ANY RIGHTS YOU MIGHT POSSESS TO HAVE THE DISPUTE LITIGATED IN A COURT OR JURY TRIAL.  BY INITIALING IN THE SPACE BELOW YOU ARE GIVING UP YOUR JUDICIAL RIGHTS TO DISCOVERY AND APPEAL, UNLESS SUCH RIGHTS ARE SPECIFICALLY INCLUDED IN THE ‘ARBITRATION OF DISPUTES’ PROVISION.  IF YOU REFUSE TO SUBMIT TO ARBITRATION AFTER AGREEING TO THIS PROVISION, YOU MAY BE COMPELLED TO ARBITRATE UNDER THE AUTHORITY OF THE CALIFORNIA CODE OF CIVIL PROCEDURE.  YOUR AGREEMENT TO THIS ARBITRATION PROVISION IS VOLUNTARY.  WE HAVE READ AND UNDERSTAND THE FOREGOING AND AGREE TO SUBMIT DISPUTES ARISING OUT OF THE MATTERS INCLUDED IN THE ‘ARBITRATION OF DISPUTES’ PROVISION TO NEUTRAL ARBITRATION.
	
					
	INITIALS:
	
	 
	INITIALS:
	/s/ AMW    /s/ JCH

	 
	LANDLORD
	 
	 
	DEVELOPER

3.    Section 3.4. of the Lease is amended in its entirety to read as follows:

3.4    Adjustments to Ground Rent During Option Term.  At the commencement of each option term, and at the end of each five ( 5) years of each option term, the Ground Rent shall be determined as provided in subsection 3.2.2., but with no adjustment thereto as is provided in subsections 3.2.2.1 . and 3.2.4.  The fair market land value shall be converted into an annual Ground Rent obligation based on the rate of return then current in the market for parcels which are currently and fairly appraised.

4.    Section 3.5. of the Lease is deleted in its entirety. 

5.    The parties agree that the Predevelopment and Infrastructure Costs as determined under subsection 3.8. are 

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Three Million Thirty-five Thousand Five Hundred Ninety-three Dollars ($3,035,593).

6.    The execution of this Fourth Amendment by Developer and Landlord shall constitute Developer’s exercise of each of the five (5) options to extend the Lease term as set forth in section 2.1.2 and shall constitute Landlord’s approval and granting of each such Lease term extension resulting in an extension of the Lease term to and including July 16, 2084.  The parties further agree that Landlord, in connection with the adoption of the Ordinance and execution of this Fourth Amendment, has reviewed the Lease terms and provisions pursuant to Section 37380(b) (1) of the Government Code and Ordinance No. C-7370, and determined that the terms and provisions of the Lease as amended herein fully comply with Section 37380(b) (1) of the Government Code and Ordinance No. C-7370 including without limitation the terms and provisions for periodic reviews by Landlord which reviews take into consideration the then current market conditions.

7.    In consideration of Landlord’s approval of Developer’s exercise of each of the five (5) options and the extension of the Lease term to and including July 16, 2084, Developer within three (3) days of execution of this Fourth Amendment shall pay Landlord a Ground Lease extension fee payment in the amount of Three Hundred Sixty-three Thousand Three Hundred Eighteen Dollars ($363,318).

8.    All notices, demands and communications to Developer shall be addressed to Kilroy Realty, L.P., a Delaware Limited Partnership, Attention:  Legal Department, 2250 East Imperial Highway, Suite 1200, El Segundo, California 90245. 

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9.    The purported Lease Agreement dated January 24, 1989, executed by Landlord and KLBA relating to parcels 3, 4 and 8 substantially duplicates the Lease and is therefore ab initio void and of no force and effect. 

10.    Except as stated in this Fourth Amendment, the Lease shall remain unmodified and in full force and effect.

IN WITNESS WHEREOF, the parties hereto have caused these presents to be duly executed with all the formalities required by law as of the date first above written.

	
			
	June 14, 2002
	KILROY REALTY, L.P., a Delaware limited partnership

	 
	By:  KILROY REALTY CORPORATION,
a Maryland corporation, General  Partner

	 
	By:  /s/ Jeffrey C. Hawken    
Name: Jeffrey C. Hawken 
Title: Executive Vice President, Chief Operating Officer

	 
	By:  /s/ Ann Marie Whitney    
Name: Ann Marie Whitney 
Title: Senior Vice President and Controller   

	 
	DEVELOPER

	 
	CITY OF LONG BEACH, a municipal corporation

	June 20, 2002
	

	 
	CITY
	EXECUTED PURSUANT TO SECTION 301 OF THE CITY CHARTER.

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The foregoing Fourth Amendment to Lease Agreement is hereby approved as to form this 18th day of June, 2002.
	
				
	 
	ROBERT E. SHANNON, CITY ATTORNEY
	 

	 
	By:
	/s/ Everett L. Glenn
	 

	 
	 
	Everett L. Glenn, Deputy
	 

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15EX-10.1

 Exhibit 10.1 

RetailMeNot, Inc. 
 2015
Bonus Plan 
 (Team Member) 

Overview 
 RetailMeNot, Inc. and its affiliated
companies (the “Company”) are committed to sharing their success with the people who make it possible — the Company’s Team Members. The purpose of this 2015 Bonus Plan (this “Plan”) is to
encourage the Company’s Team Members to contribute to the achievement of the Company’s goals and to share in the rewards of the Company’s success. The term of this Plan is for the 2015 fiscal year. 

Eligible Team Members 
 To be eligible to
participate in the Plan, a Team Member must be a regular full-time employee of the Company. Each Team Member’s aggregate annual target bonus shall be communicated in the Team Member’s 2015 Bonus Plan Summary. 

Weighting and Payment 
 The bonus amounts earned
will be paid within 2.5 months following the end of the year after completion of the audit of the 2015 financial statements. Weighting percentages for each Team Member’s Individual Performance Rating and Net Revenues Targets are identified in
the Team Member’s 2015 Bonus Plan Summary. 
 Individual Performance Rating  

A Team Member’s Individual Performance Rating is based on their performance against individual goals, the competencies established for the Team
Member’s role and the Company’s core values. A Team Member’s performance with respect to the competencies and core values is evaluated once a year at year-end, and assigned a rating of 1-5 by the Team Member’s manager. Individual
goals are reviewed twice annually as approved by the Team Member’s manager, with performance evaluated at mid-year and year-end and assigned a rating of 1-5 by the Team Member’s manager. These goals may in some cases be metrics-based and
therefore subject to a quantitative performance measurement. At year-end, a final performance rating of 1-5 is assigned to the Team Member based on these evaluations (the “Individual Performance Rating”). 

Net Revenue Elements 

Consolidated Net Revenues mean the corresponding amount as reported in the Company’s Statements of Operations for the full
fiscal year 2015, excluding (1) the amount of Consolidated Mobile Net Revenues and (2) the impact of any acquisitions completed in fiscal year 2015. The target for this element is the corresponding amount per the Company’s annual
budget approved by the Board of Directors during the first fiscal quarter of 2015. 
 Country Net Revenues mean the
corresponding amount as derived from the Company’s Statements of Operations for the full fiscal year 2015 for only the primary country for which the Team Member’s duties are performed, excluding (1) the amount of Country Mobile Net
Revenues and (2) the impact of any acquisitions completed in fiscal year 2015. The target for this element is the corresponding amount derived from the annual budget approved by the Board of Directors during the first quarter of 2015. NOTE:
Certain Team Members with multi-country duties will have a Regional Net Revenues target, as defined below, in lieu of Country Net Revenues target. 
 2015
Bonus Plan 

 RetailMeNot, Inc. 

2015 Bonus Plan 
 (Team
Member) 
  

 Regional Net Revenues mean the corresponding amount as derived from the
Company’s Statements of Operations for the full fiscal year 2015 for the countries for which the Team Member has operational responsibility, excluding (1) the amount of Regional Mobile Net Revenues and (2) the impact of any
acquisitions completed in fiscal year 2015. The target for this element is the corresponding amounts as derived from the annual budget approved by the Board of Directors during the first fiscal quarter of 2015. 

Consolidated Mobile Net Revenues mean the corresponding amount of net revenues attributable to mobile web and applications,
in-store and advertisements, as derived from the Company’s Statements of Operations for the full fiscal year 2015, excluding the impact of any acquisitions completed in fiscal year 2015. The target for this element is the corresponding amount
per the Company’s annual budget approved by the Board of Directors during the first fiscal quarter of 2015. 
 Country Mobile Net
Revenues mean the corresponding amount of net revenues attributable to mobile web and applications, in-store and advertisements, as derived from the Company’s Statements of Operations for the full
fiscal year 2015 for only the primary country for which the Team Member’s duties are performed, excluding the impact of any acquisitions completed in fiscal year 2015. The target for this element is the corresponding amount derived from the
annual budget approved by the Board of Directors during the first quarter of 2015. NOTE: Certain Team Members with multi-country duties will have a Regional Mobile Net Revenues target, as defined below, in lieu of Country Mobile Net Revenues target.

 Regional Mobile Net Revenues mean the corresponding amount of net revenues attributable to mobile web and applications, in-store and advertising, as derived from the Company’s Statements of Operations for the full fiscal year 2015 for the countries for which the Team Member has operational responsibility, excluding the impact of
any acquisitions completed in fiscal year 2015. The target for this element is the corresponding amounts as derived from the annual budget approved by the Board of Directors during the first fiscal quarter of 2015. 

Adjusted EBITDA means the corresponding amount as derived from the Company’s Statements of Operations for the full fiscal
year 2015, excluding the impact of any acquisitions completed in fiscal year 2015. The target for this element is the corresponding amount per the Company’s annual budget approved by the Board of Directors during the first fiscal quarter of
2015. 
 Net Revenues Bonus Weighting 
 All Team
Member Net Revenues bonuses will be separated into two calculations. The first calculation will incorporate the Country/Region Net Revenue and Consolidated Net Revenue elements, as applicable. This calculation is weighted 50%. The second calculation
will incorporate only the Country/Region Mobile Net Revenue and Consolidated Mobile Net Revenue elements, as applicable. This calculation is weighted 50%. In the event that you do not have a mobile component for Country/Region Net Revenues, this
calculation will be weighted 100%. 

  
 2015 Bonus Plan 

 RetailMeNot, Inc. 

2015 Bonus Plan 
 (Team
Member) 
  

 Payout Formula 

The payout under this Plan will be determined as follows: 
 NOTE:
Discussion of Country/Regional and Consolidated Net Revenue Bonus elements below is intended to incorporate the calculations of (1) Country/Regional Net Revenue and Consolidated Net Revenue bonus elements and (2) Country/Regional Mobile
Net Revenue and Consolidated Mobile Net Revenue bonus elements. 
  

	 	A.	Adjusted EBITDA Performance Gate 

 If consolidated Adjusted EBITDA is less than 70% of
the consolidated Adjusted EBITDA target, the percentage payout for all bonus elements (Individual, Country/Regional and Consolidated) will be 0%. 
  

	 	B.	Base Bonus 

 Individual Performance Rating 

At the conclusion of the year-end review, the Individual Performance Rating will be used to determine a percentage payout for bonus purposes
according to the table below. Overachievement will be capped at 150%. The payout percentage will be multiplied by the weighting percentage for the Individual Performance Rating set forth in the Team Member’s 2015 Bonus Plan Summary to determine
the percentage of the Individual Performance Rating earned. 
 Performance Rating Payout Table 

 

							
	 Rating
	  	 Rating Description
	  	 Payout %
	  	 
	1	  	Unsatisfactory	  	0%	  	
	2	  	Needs improvement	  	50% - 85%	  	
	3	  	Successful	  	90% - 110%	  	
	4	  	Over-achieved	  	115% - 135%	  	
	5	  	Exceptional	  	140% - 150%	  	

 Net Revenues Targets 

Country/Regional and Consolidated Net Revenues 
  

	 	1.	The actual amounts for each of the Country/Regional and Consolidated Net Revenues will be divided by the applicable target to determine a percentage achievement for each. These percentages achieved will be applied as
set forth below to determine the percentage payout. If the actual Country/Regional and/or Consolidated Net Revenues is less than 70% of the applicable Net Revenues target, the percentage payout for the Country/Regional and/or Consolidated Net
Revenues target, as applicable, will be 0% 

  
 2015 Bonus Plan 

 RetailMeNot, Inc. 

2015 Bonus Plan 
 (Team
Member) 
  

 If the percentage achieved falls between two table results, the percentage payout will be
extrapolated. For example, 98% achievement would result in 96% payout since each percentage point drop in achievement between 95% and 100% results in a two percentage point drop in percentage payout. 

 

					
	 % Net Revenues Target Achieved
	  	Payout	 
	     0%
	  	 	0.0	% 
	   70%
	  	 	25.0	% 
	   75%
	  	 	40.0	% 
	   80%
	  	 	55.0	% 
	   85%
	  	 	67.5	% 
	   90%
	  	 	80.0	% 
	   95%
	  	 	90.0	% 
	 100%
	  	 	100.0	% 

  

	 	2.	The percentage payout of each applicable Country/Regional and Consolidated Net Revenues Element will be multiplied by the applicable Net Revenues weighting percentage as set forth in the Team Member’s 2015 Bonus
Plan Summary to determine the percentage of each Net Revenues Element earned. 

 Country/Regional and Mobile Consolidated
Net Revenues 
  

	 	1.	The actual amounts for each of the Country/Regional and Consolidated Mobile Net Revenues will be divided by the applicable target to determine a percentage achievement for each. These percentages achieved will be
applied as set forth below to determine the percentage payout. If the actual Country/Regional and/or Consolidated Mobile Net Revenues is less than 70% of the applicable Mobile Net Revenues target, the percentage payout with respect to the
Country/Regional and/or Consolidated Mobile Net Revenues target, as applicable, will be 0% 

 If the percentage achieved falls
between two table results, the percentage payout will be extrapolated. For example, 98% achievement would result in 96% payout since each percentage point drop in achievement between 95% and 100% results in a two percentage point drop in percentage
payout. 
  

					
	 % Mobile Net Revenues Target Achieved
	  	Payout	 
	     0%
	  	 	0.0	% 
	   70%
	  	 	25.0	% 
	   75%
	  	 	40.0	% 
	   80%
	  	 	55.0	% 
	   85%
	  	 	67.5	% 
	   90%
	  	 	80.0	% 
	   95%
	  	 	90.0	% 
	 100%
	  	 	100.0	% 

  

	 	2.	The percentage payout of each applicable Country/Regional and Consolidated Mobile Net Revenues Element will be multiplied by the applicable Net Revenues weighting percentage as set forth in the Team Member’s 2015
Bonus Plan Summary to determine the percentage of each Mobile Net Revenues Element earned. 

  
 2015 Bonus Plan 

 RetailMeNot, Inc. 

2015 Bonus Plan 
 (Team
Member) 
  

	 	C.	Net Revenues Accelerator Bonus 

 The Net Revenues Accelerator Bonus can be earned at both
the Country/Regional and Consolidated level. In the event that both the Country/Regional and Consolidated Net Revenues exceed their respective targets, the calculation of the payout will be performed using the Country/Regional percentage payout
for the Country/Regional Net Revenue Element and the Consolidated percentage payout for the Consolidated Net Revenue Element.  
 To be
eligible for a Net Revenues Accelerator Bonus all of the following must be true: 
  

	 	1.	the actual Country/Regional or Consolidated Net Revenues must exceed the applicable target (i.e., one or the other or both could be earned or not earned); 

 

	 	2.	the consolidated Adjusted EBITDA must be greater than or equal to 90% of the target; and 

  

	 	3.	the Team Member’s Individual Performance Rating percentage payout must be at least 3. 

Country/Regional Net Revenues Accelerator Calculation: The Country/Regional Net Revenues Accelerator will be calculated on a
linear basis and applied to the country/regional portion of the base bonus up to 50% of the Team Member’s Country/Regional Net Revenues Bonus target (e.g., if Country/Regional Net Revenues vs. Target is equal to 105.7%, the additional bonus
would be equal to the Country/Regional Base Bonus times 5.7%. 
 Consolidated Net Revenues Accelerator Calculation: The
Consolidated Net Revenues Accelerator Bonus will be calculated as follows: 
  

	 	1.	Over-performance against the Consolidated Net Revenues target earns a Team Member Additional Bonus percentage points as set forth below. 

 

															
	 Consolidated Net

Revenues vs. Target 
(1)
	 	  	Additional Bonus (2)	 	 	Consolidated Net
Revenues vs. Target (1)	 	 	Additional Bonus (2)	 
	 	>=1%	  	  	 	2.5	% 	 	 	>=19	% 	 	 	93.1	% 
	 	>=2%	  	  	 	5.0	% 	 	 	>=20	% 	 	 	100.0	% 
	 	>=3%	  	  	 	7.5	% 	 	 	>=21	% 	 	 	106.7	% 
	 	>=4%	  	  	 	10.0	% 	 	 	>=22	% 	 	 	113.3	% 
	 	>=5%	  	  	 	12.5	% 	 	 	>=23	% 	 	 	120.0	% 
	 	>=6%	  	  	 	15.0	% 	 	 	>=24	% 	 	 	126.7	% 
	 	>=7%	  	  	 	20.0	% 	 	 	>=25	% 	 	 	133.3	% 
	 	>=8%	  	  	 	25.0	% 	 	 	>=26	% 	 	 	140.0	% 
	 	>=9%	  	  	 	30.0	% 	 	 	>=27	% 	 	 	146.7	% 
	 	>=10%	  	  	 	35.0	% 	 	 	>=28	% 	 	 	153.3	% 
	 	>=11%	  	  	 	40.0	% 	 	 	>=29	% 	 	 	160.0	% 
	 	>=12%	  	  	 	45.0	% 	 	 	>=30	% 	 	 	166.7	% 
	 	>=13%	  	  	 	51.9	% 	 	 	>=31	% 	 	 	173.3	% 

  
 2015 Bonus Plan 

 RetailMeNot, Inc. 

2015 Bonus Plan 
 (Team
Member) 
  

															
	 	>=14%	  	  	 	58.8	% 	 	 	>=32	% 	 	 	180.0	% 
	 	>=15%	  	  	 	65.6	% 	 	 	>=33	% 	 	 	186.7	% 
	 	>=16%	  	  	 	72.5	% 	 	 	>=34	% 	 	 	193.3	% 
	 	>=17%	  	  	 	79.4	% 	 	 	>=35	% 	 	 	200.0	% 
	 	>=18%	  	  	 	86.3	% 	 				 			

  

	(1)	Percentage by which actual Consolidated Net Revenues exceeds Target Consolidated Net Revenues. 

	(2)	The additional bonus percentage will be multiplied by the actual Consolidated Net Revenues Element. For example, if actual Consolidated Net Revenues exceeds Target by 16%, the Consolidated Net Revenues Bonus would be
calculated by multiplying the Consolidated Net Revenues Element by 172.5% (i.e. 100% represents the Consolidated Net Revenues Base amount and 72.5% represents the Consolidated Net Revenues Accelerator amount). 

 

	 	2.	The Accelerator portion of both the Consolidated and Country/Region is capped at the percentage set forth in the Team Member’s 2015 Bonus Plan Summary. 

 

	 	3.	The Accelerator described herein should be applied in a like manner to the Country/Region and Consolidated Mobile Net Revenues if they exceed their respective targets. 

  
 2015 Bonus Plan 

 RetailMeNot, Inc. 

2015 Bonus Plan 
 (Team
Member) 
  

 General Provisions 
  

	 	1.	Bonuses are subject to all applicable taxes and other required deductions. 

  

	 	2.	If the Individual Performance Rating is less than 2.0 for a Team Member, no Net Revenues Element will be earned for that Team Member. 

 

	 	3.	The Plan does not constitute a guarantee of employment nor does it restrict the Company’ rights to terminate employment at any time or for any lawful reason. 

 

	 	4.	The Plan does not create vested rights of any nature nor does it constitute a contract of employment or a contract of any other kind. The Plan does not create any customary concession or privilege to which there is any
entitlement from year-to-year, except to the extent required under applicable law. Nothing in the Plan entitles a Team Member to any remuneration or benefits not set forth in the Plan nor does it restrict the Company’ rights to increase or
decrease the compensation of any Team Member, except as otherwise required under applicable law. 

  

	 	5.	Team Members who begin employment with the Company after the first day of the fiscal year for which a bonus is paid shall be eligible to receive a pro-rated bonus for such year. Team Members are not eligible to
participate for the year of hire if employment begins after September 30. 

  

	 	6.	Team Members who resign or are terminated prior to the actual payment of a bonus shall not receive a bonus. 

  

	 	7.	This Plan constitutes the entire arrangement regarding the Plan, supersedes any prior oral or written description of the Plan and may not be modified except by a written document that specifically references this Plan
and is signed by the Company’s Chief Executive Officer. 

  

	 	8.	The Plan is provided at the Company’ sole discretion and the Company may modify or eliminate it at any time, individually or in the aggregate, prospectively or retroactively, without notice or obligation during the
plan year. In addition, there is no obligation to extend or establish a similar plan in subsequent years. 

  

	 	9.	The Plan shall not become a part of any employment condition, regular salary, remuneration package, contract or agreement, but shall remain gratuitous in all respects. Bonuses are not to be taken into account for
determining severance pay, termination pay, “extra months” bonuses or payments, or any other form of pay or compensation. 

  

	 	10.	Team Members who are separated from employment with the Company due to divestiture, closure, or dissolution of a business are not eligible to receive a bonus. 

 

	 	11.	Independent contractors, consultants, individuals who have entered into an independent contractor or consultant agreement, temporary employees, contract employees and interns are not eligible to participate in the Plan.

  

	 	12.	The Plan will not be available to Team Members subject to the laws of any jurisdiction which prohibits any provisions of this Plan or in which tax or other business considerations make participation impracticable in the
judgment of the Compensation Committee. 

  
 2015 Bonus Plan 

 RetailMeNot, Inc. 

2015 Bonus Plan 
 (Team
Member) 
  

	 	13.	At a minimum, the Company will fund 75% of the aggregate payout calculated under this Plan, which shall be allocated among all Team Members employed as of the date the bonus is paid based on the payout calculated for
such Team Member in accordance with this Plan. 

  
 2015 Bonus Plan

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