Document:

Exhibit

AMENDMENT NO. 1 TO EMPLOYMENT AGREEMENT 
BY AND BETWEEN 
BLUCORA, INC. AND MARK A. FINKELSTEIN

THIS AMENDMENT NO. 1 (this "Amendment") TO THE EMPLOYMENT AGREEMENT DATED SEPTEMBER 30, 2014, BY AND BETWEEN MARK A. FINKELSTEIN (the "Executive") AND BLUCORA, INC. (the “Company”) (the "Agreement"), is made and entered into this 22nd day of January 2016.  Unless stated otherwise, all capitalized but undefined terms used in this Amendment have the meaning set forth in the Agreement.
WHEREAS, on October 14, 2015, the Company and its indirect wholly owned acquisition subsidiary, Project Baseball Sub, Inc. ("Acquisition Sub"), entered into a Stock Purchase Agreement (the "Purchase Agreement") with HDV Holdings, LLC and HDV Holdings, Inc., pursuant to which Acquisition Sub will acquire the outstanding capital stock of HDV Holdings, Inc., which is the holding company for the group of companies that comprise the HD Vest Financial Services® business. Acquisition Sub’s purchase of the capital stock of HDV Holdings, Inc. is referred to herein as the "Acquisition."
WHEREAS, the Company and Executive wish to amend the Agreement as a result of the announcement of the Acquisition and other strategic initiatives of the Company; and
WHEREAS, Section 14(b) of the Agreement states that the Agreement may not be modified except expressly in a writing signed by both parties;
NOW THEREFORE, the Agreement is hereby amended as follows:
1.     The following new paragraph 6(e) shall be added to Section 6 immediately following paragraph 6(d):
(e)    Termination of Employment due to Relocation in connection with the Closing of the Acquisition. If, within twenty-four (24) months of the Closing (as defined in the Purchase Agreement) of the Acquisition, the Company requires that the Executive relocate his primary work location more than 25 miles from Bellevue, Washington or from any work location to which the Company transfers Executive during the course of employment and to which such transfer the Executive has consented, then subject to Section 6(i), the Executive shall receive the following payments and benefits:
(i)    a severance payment in an amount equal to one times the Executive's Base Salary in effect as of the Termination Date and his then current Target Bonus amount (in each case less applicable withholding 

taxes), which amount shall be payable in a single lump sum on the first payroll date that is at least 60 days following the Termination Date (but, in any event, by no later than March 15 of the calendar year immediately following the calendar year that includes the Termination Date), in accordance with Section 13(b)(ii); 
(ii)    a lump-sum payment in an amount equal to (A) the monthly COBRA premium in effect under the Company's group health plan as of the Termination Date for the coverage in effect under such plan for the Executive (and the Executive's spouse and dependent children) on such date multiplied by (B) 12, which amount shall be payable in a single lump sum on the first payroll date that is at least 60 days following the Termination Date (but, in any event, by no later than March 15 of the calendar year immediately following the calendar year that includes the Termination Date), in accordance with Section 13(b)(ii); and
(iii)    notwithstanding any provision to the contrary in any applicable equity compensation plan or any outstanding equity award agreement, the treatment of the Executive's outstanding equity awards shall be governed solely by the following provisions:  (A) all of the Executive's then-outstanding equity awards shall fully vest and all restrictions thereon shall lapse and (B) to the extent vested (including as a result of the acceleration provided under this Section 6(e)(iii)), all of the Executive's outstanding stock options shall remain exercisable until the later  to occur of 90 days following the Termination Date or 24 months following the Closing (as defined in the Purchase Agreement) of the Acquisition; provided, however, that all of the Executive's outstanding equity awards granted prior to the effective date of this Agreement (other than outstanding stock options granted prior to the effective date of this Agreement) shall also be governed by Section 16 of the Company's Restated 1996 Flexible Stock Incentive Plan or Section 15 of the 2015 Incentive Plan, as applicable, and the award agreements for those equity awards.
2.    Paragraphs 6(e), 6(f) and 6(g) shall be renumbered as paragraphs 6(f), 6(g) and 6(h), respectively, and all references in the Agreement to paragraph 6(e), 6(f) or 6(g) shall be deemed to be references to paragraph as 6(f), 6(g) or 6(h), respectively. 

IN WITNESS WHEREOF, the parties hereto have executed this Amendment No. 1.
	
		
	Blucora, Inc. 
 
 
 
By:   /s/ William J. Ruckelshaus
Name: William J. Ruckelshaus
Title: President and Chief Executive Officer
	 
 
 
Date:   January 22, 2016

	Executive 
 
 
   /s/ Mark A. Finkelstein 
Mark A. Finkelstein
	 
 
 
 
Date:   January 22, 2016Exhibit

AMENDMENT NO. 1 TO EMPLOYMENT AGREEMENT BY AND BETWEEN 
BLUCORA, INC. AND MONOPRICE, INC. AND BERNARD LUTHI
THIS AMENDMENT NO. 1 (this "Amendment") TO THE EMPLOYMENT AGREEMENT BY AND BETWEEN BLUCORA, INC. AND MONOPRICE, INC. AND BERNARD LUTHI, DATED SEPTEMBER 10, 2015 (the "Agreement"), is made and entered into this 22nd day of January 2016, by Blucora, Inc. (the "Company"), Monoprice, Inc. (“Monoprice”) and Bernard Luthi (“Executive”).  Unless stated otherwise, all capitalized but undefined terms used in this Amendment have the meaning set forth in the Agreement.
WHEREAS, Section 15(b) of the Agreement states that the Agreement may not be modified except expressly in a writing signed by both parties;
NOW THEREFORE, the Agreement is hereby amended as follows:
1.     Section 6(c)(i) shall be amended in its entirety to read as follows:
(i)    a severance payment in an amount equal to one times the Executive’s Base Salary in effect as of the Termination Date and his then current Target Bonus amount (or if the Executive terminates employment under circumstances constituting a Constructive Termination due to a material reduction of the Executive’s Base Salary or Target Bonus, in effect immediately prior to such reduction) (in each case less applicable withholding taxes), which amount shall be payable in a single lump sum on the first payroll date that is at least 60 days following the Termination Date (but, in any event, by no later than March 15 of the calendar year immediately following the calendar year that includes the Termination Date), in accordance with Section 14(b)(ii).  

IN WITNESS WHEREOF, the parties hereto have executed this Amendment No. 1.
	
		
	Blucora, Inc. 
 
 
 
By:   /s/ William J. Ruckelshaus
Name: William J. Ruckelshaus
Title: President and Chief Executive Officer 
	 
 
 
Date:   January 22, 2016

	Monoprice, Inc. 
 
 
By:   /s/ William J. Ruckelshaus
Name: William J. Ruckelshaus
Title: Chief Executive Officer
Executive 
 
 
   /s/ Bernard Luthi 
Bernard Luthi
	 
 
 
 
Date:   January 22, 2016Exhibit

AMENDMENT NO. 1 TO EMPLOYMENT AGREEMENT BY AND BETWEEN 
BLUCORA, INC. AND INFOSPACE LLC AND PETER MANSOUR
THIS AMENDMENT NO. 1 (this "Amendment") TO THE EMPLOYMENT AGREEMENT BY AND BETWEEN BLUCORA, INC. AND INFOSPACE LLC AND PETER MANSOUR, DATED OCTOBER 6, 2014 (the "Agreement"), is made and entered into this 22nd day of January 2016, by Blucora, Inc. (the "Company"), InfoSpace LLC (“InfoSpace”) and Peter Mansour (“Executive”).  Unless stated otherwise, all capitalized but undefined terms used in this Amendment have the meaning set forth in the Agreement.
WHEREAS, InfoSpace currently operates a search business that is a provider of search marketing services and proprietary content (the “Search Business”) and a content business under the name HowStuffWorks, that creates, distributes and monetizes original digital, audio and video content (the “Content Business”);
WHEREAS, the Company, InfoSpace and Executive wish to amend the Agreement to address the potential sale of InfoSpace as a whole or the sale of the Search Business and Content Business separately; and
WHEREAS, Section 15(b) of the Agreement states that the Agreement may not be modified except expressly in a writing signed by both parties;
NOW THEREFORE, the Agreement is hereby amended as follows:
1.     The following sentence shall be added to the end of the paragraph in Section 1(o):
For the avoidance of doubt, the parties agree that the successful merger or consolidation of InfoSpace with or into another company, entity or person, or a sale or disposition of all or substantially all of the outstanding equity interest of InfoSpace, or the sale or disposition of all or substantially all of the assets of the Search Business and the Content Business, at any time prior to the end of the Term shall qualify as a Significant Operating Unit Transaction regardless of whether this is completed in one or more transactions and regardless of whether the transactions are related.   
2.    The following paragraph 5(h) shall be added to Section 5:
(h)    Sale Bonus for Search Business.  In the event of the merger or consolidation of the Search Business with or into any other company, entity or person, or a sale or disposition in one transaction or a series of related transactions of all or substantially all of the assets of the Search Business to another company, entity or person, during the Term, other than a Transaction with a subsidiary of the Company or another corporation or other entity that is, or as a result of the Transaction becomes, controlled by the Company, and other than a Transaction that includes the Content Business, the Company agrees to pay Executive a one-time sale bonus in an amount to be calculated as set forth on Schedule 5(h); provided, however, that this bonus shall not be paid if Executive has previously earned a bonus under Section 5(i).
3.    The following paragraph 5(i) shall be added to Section 5:

(i)    Sale Bonus for Partial Transaction.  In the event of the merger or consolidation of the Content Business with or into any other company, entity or person, or a sale or disposition in one transaction or a series of related transactions of all or substantially all of the assets of the Content Business to another company, entity or person during the Term, other than a Transaction with a subsidiary of the Company or another corporation or other entity that is, or as a result of the Transaction becomes, controlled by the Company, and other than a Transaction that includes the  Search Business, the Company agrees to pay Executive a one-time sale bonus in an amount to be calculated as set forth on Schedule 5(i); provided, however, that this bonus shall not be paid if Executive has previously earned a bonus under Section 5(h).
4.    Section 6(c)(i) shall be amended in its entirety to read as follows:
(i)    a severance payment in an amount equal to one times the Executive’s Base Salary in effect as of the Termination Date and his then current Target Bonus amount (or if the Executive terminates employment under circumstances constituting a Constructive Termination due to a material reduction of the Executive’s Base Salary or Target Bonus, in effect immediately prior to such reduction) (in each case less applicable withholding taxes), which amount shall be payable in a single lump sum on the first payroll date that is at least 60 days following the Termination Date (but, in any event, by no later than March 15 of the calendar year immediately following the calendar year that includes the Termination Date), in accordance with Section 14(b)(ii).  
5.    The following sentence shall be added to the end of the paragraph in Section 6(a):
For the avoidance of doubt, for purposes of this Agreement, Executive shall be deemed terminated upon the successful closing of a Significant Operating Unit Transaction and the “Termination Date” shall be the date of such closing. 
6.    The following paragraph shall be added immediately following paragraph d(iii) of Section 6:
Any amount payable pursuant to this Section 6(d) shall be reduced by any amount paid pursuant to Sections 5(h) or 5(i) (the “Clawback”).  For the avoidance of doubt, the Clawback shall only apply in the event that vesting of Executive’s then outstanding equity is accelerated under Section 6(d)(iii), and in no event shall the Clawback reduce the amount of severance payable pursuant to Section 6(c)(i).

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IN WITNESS WHEREOF, the parties hereto have executed this Amendment No. 1.
	
		
	Blucora, Inc. 
 
 
 
By:   /s/ William J. Ruckelshaus 
Name:  William J. Ruckelshaus                   Title:  President and Chief Executive Officer
	 
 
 
Date:   January 22, 2016

	InfoSpace LLC 
 
 
By:   /s/ William J. Ruckelshaus
Name:  William J. Ruckelshaus                   Title: Chief Executive Officer
Executive 
 
 
   /s/ Peter Mansour 
Peter Mansour
	 
 
 
 
Date:   January 22, 2016 

[Signature Page to Peter Mansour Employment Agreement Amendment No. 1, dated January 22, 2016]

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