Document:

EXHIBIT 10.29
-------------

                             FIRST AMENDMENT TO
                            EMPLOYMENT AGREEMENT

      THIS FIRST AMENDMENT TO EMPLOYMENT AGREEMENT ("Amendment"), dated as
of July 29, 2004, is made by and between COOLSAVINGS, INC., a Delaware
corporation (the "Company"), and MATTHEW MOOG ("Moog").

                                  RECITALS:
                                  --------

      A.    The Company's predecessor, coolsavings.com inc., and Moog
entered into an Employment Agreement (the "Employment Agreement") dated as
of July 30, 2001 (the "Effective Date").

      B.    The Company and Moog desire to amend the Employment Agreement
on the terms set forth herein to, among other things, extend the term of
Moog's employment and adjust the base salary paid to Moog.

      NOW, THEREFORE, in consideration of the foregoing and the mutual
agreements contained herein, and for other good and valuable consideration,
the receipt and sufficiency of which are hereby acknowledged, the Company
and Moog hereby agree as follows:

      1.    All references in the Employment Agreement to "coolsavings.com
inc., a Michigan corporation" shall be deemed to mean "CoolSavings, Inc., a
Delaware corporation".

      2.    All references in the Employment Agreement to "Articles of
Incorporation" and "Articles" shall be deemed to mean "Certificate of
Incorporation" and "Charter", respectively.

      3.    Section 2 of the Employment Agreement is hereby AMENDED and
RESTATED in its entirety as follows:

            "2.   TERM AND LOCATION OF EMPLOYMENT.

            Subject to the provisions for termination provided below,
            (i) the initial term of Moog's employment under this Agreement
            shall commence on the Effective Date and shall continue until
            July 29, 2006; and (ii) on each anniversary of the Effective
            Date, the term of Moog's employment under this Agreement shall
            be automatically extended by one (1) additional year (so that
            upon extension the term of employment shall be a period of
            three (3) years from the most recent anniversary), unless at
            least forty-five (45) days prior to any such anniversary Moog
            or the Company notifies the other party in writing that he or
            it does not desire the term of employment to extend
            automatically (the term of Moog's employment under this
            Agreement at any given time is the "Agreement Term", and the
            last day of the Agreement Term is the "Expiration Date").
            Throughout the Agreement Term, Moog's employment shall be
            within the immediate vicinity of Chicago, Illinois."

      4.    Section 4.b of the Employment Agreement is hereby AMENDED and
RESTATED in its entirety as follows:

            "b.   BASE COMPENSATION.  As compensation for the services to
            be performed hereunder, the Company shall pay to Moog, for each
            calendar year of this Agreement, a base salary (the "Base
            Salary"), payable in twenty-four (24) equal semi-monthly
            payments.  The Base Salary shall be Three Hundred Fifty-Three
            Thousand Six Hundred Twenty-Five Dollars ($353,625)."

                                      1

<PAGE>

      5.    Section 7.c of the Employment Agreement is hereby DELETED.
Moog hereby acknowledges and agrees that the award made to him effective as
of Janaury 1, 2003 under the Company's Long Term Incentive Plan was, among
other things, in consideration of the cancellation of the Company's
obligation to grant him the options referenced in Section 7.c of the
Employment Agreement.

      6.    Section 8.a of the Employment Agreement is hereby AMENDED and
RESTATED in its entirety as follows:

            "a.   Moog's employment under this Agreement may be terminated
            prior to the Expiration Date under the following circumstances
            ONLY:

                  (1)   BY THE COMPANY, at any time other than during a
            Disability Period under Section 4e, for any reason whatsoever
            or for no reason, upon not less than ninety (90) calendar days
            written notice to Moog;

                  (2)   BY THE COMPANY, at any time for "cause" as defined
            below, but only after written notice to Moog, and Moog's
            failure to cure within thirty (30) calendar days of receipt of
            such notice;

                  (3)   BY MOOG, at any time for any reason whatsoever or
            for no reason, upon not less than ninety (90) calendar days
            written notice to the Company;

                  (4)   BY MOOG,  upon the occurrence of:  (i) a failure to
            pay to Moog any monies, when due under the terms of this
            Agreement, within five (5) business days after Moog has
            provided written notice of such failure to pay; or (ii) a
            material breach of this Agreement by the Company that is not
            cured within thirty (30) calendar days after Moog has provided
            written notice that a breach has occurred;

                  (5)   BY THE COMPANY, upon Moog's "permanent disability"
            as defined in Section 8c below, without prior notice; and

                  (6)   AUTOMATICALLY, upon Moog's death."

      7.    Section 9.a of the Employment Agreement is hereby AMENDED and
RESTATED in its entirety as follows:

            "a.   In the event that the Company terminates Moog's
            employment pursuant to Section 8a(1) hereof, or if Moog
            terminates his employment pursuant to Section 8a(4), the
            Company shall promptly pay Moog the sum of:  (i) all accrued
            compensation (including vacation time) and bonus earned through
            the effective date of termination and (ii) an amount equal to
            the greater of the present value (determined as of the
            effective date of termination using a 7% discount rate) of the
            compensation owed Moog for the remainder of the Agreement Term
            or the present value (determined as of the effective date of
            termination using a 7% discount rate) of Moog's Base Salary
            then in effect.  Additionally, the Company shall continue to
            pay and provide Moog all other benefits under this Agreement
            for the remainder of the Agreement Term or one (1) year after
            the effective date of termination, whichever is later;
            provided, however, with respect to any benefit in which Moog is
            no longer eligible to participate or which otherwise reasonably
            cannot be continued for him, the Company, in its sole
            discretion, shall either provide a substantially equivalent
            form of benefit to Moog, or pay to Moog an amount equal to the
            present value (determined as prescribed above with respect to
            compensation) of the Company's cost of providing the benefit
            (at the applicable cost in effect immediately prior to
            termination of the benefit and including, in the case of any

                                      2

<PAGE>

            amounts relating to life insurance and disability insurance
            under Sections 5(a) and 5(d), the applicable taxes thereon
            resulting from any such payments) for the remainder of the
            Agreement Term or one (1) year after the effective date of
            termination, whichever is later.  If Moog accepts alternative
            employment at or after the effective date of termination, the
            Company shall be relieved of any obligation to provide benefits
            to Moog to the extent that the benefits are duplicative of
            benefits provided to Moog by his new employer; provided,
            notwithstanding the foregoing, if comparable health insurance
            coverage for Moog and his qualified beneficiaries is not
            provided by a new employer, Moog shall have the right to
            convert his health insurance benefits to individual coverage
            pursuant to COBRA.  Should Moog so elect, the Company shall pay
            for such COBRA coverage for 18 months (but in no event later
            than the first anniversary of the Expiration Date) of health
            care coverage beginning with the month contiguous with the last
            effective date of Moog's health care coverage by the Company."

      8.    Section 15 of the Employment Agreement is hereby AMENDED and
RESTATED in its entirety as follows:

            "15.  NOTICES.  All notices, requests, consents and other
            communications required or permitted to be given under this
            Agreement shall be given in writing and shall be deemed
            sufficiently given, served and received for all purposes upon
            the first to occur of actual receipt, delivery by generally
            recognized overnight courier service, or three (3) days after
            deposit in the United States mail, postage prepaid, registered
            or certified, return receipt requested, addressed to the
            address set forth below (or such other address as a party may
            hereafter specify for that purpose by notice to the other
            party):

            If to the Company:

            CoolSavings, Inc.
            360 N. Michigan Avenue
            19th Floor
            Chicago, IL  60601

            with copies to:

            Richard H. Rogel
            P.O. Box 1659
            Avon, CO  81620-1659

            Landmark Ventures VII, LLC
            c/o Guy R. Friddell, III, Esquire
            150 W. Brambleton Avenue
            Norfolk, VA  23510

            If to Moog:

            Matthew Moog

      9.    Except as modified by the provisions of this Amendment, all of
the terms of the Employment Agreement shall remain in full force and
effect.

      10.   This Amendment may be executed in any number of counterparts
and by each party on a separate counterpart, each of which, when so
executed and delivered, shall be deemed to be an original and all of which
taken together shall constitute one and the same instrument.

                                      3

<PAGE>

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

                              COMPANY:

                              COOLSAVINGS, INC., a Delaware corporation

                              By:      /s/ David B. Arney
                                       ------------------------------

                              Name:    David B. Arney
                                       ------------------------------

                              Title:   SVP of Operations & CFO
                                       ------------------------------

                              MOOG:

                              /s/ Matthew Moog
                              ------------------------------------
                              Matthew Moog

                                      4EXHIBIT 10.30
-------------

March 29, 2005

Guy R. Friddell, III, Esquire
Executive Vice President and General Counsel
Landmark Communications, Inc.
150 W. Brambleton Avenue
Norfolk, Virginia 23510

Re:   Loan (the "Loan") by Landmark Communications, Inc. ("Landmark")
      pursuant to that certain Amended and Restated Senior Secured Loan and
      Security Agreement dated July 30, 2001, as amended (the "Loan
      Agreement") and that certain Senior Secured Note dated July 30, 2001
      (the "Note," and together with the Loan Agreement, the "Loan
      Documents")

Dear Rusty:

      As you know, shortly after Landmark made the Loan to CoolSavings,
Inc. ("we" or the "Company"), we disclosed to Landmark through exceptions
schedules to Borrower's Certificates several defaults by the Company under
the Loan Documents (the "Disclosed Defaults").  As a result, Landmark has
the right to demand immediate repayment of the Loan.  Because of a cross-
default provision in the Company's certificate of incorporation (the
"Charter"), Landmark's affiliate, Landmark Ventures VII, LLC, also has the
right to make a Redemption Request under the Charter with respect to all of
its Series B Convertible Preferred Stock.

      As an accommodation to the Company, we hereby request that during the
period from the date hereof to April 1, 2006 (such period, the "Forbearance
Period"), Landmark will suspend its right to use any of the Disclosed
Defaults as a basis for demanding immediate repayment of the Loan or making
a Redemption Request (the "Forbearance Accommodation").

      This will confirm our mutual understanding that the Forbearance
Accommodation (i) shall not constitute a waiver by you of your right to
exercise rights and remedies based on the Disclosed Defaults after the
expiration of the Forbearance Period and (ii) shall not constitute a waiver
of your right at any time to exercise any of your other rights or remedies
under the Loan Documents or the Charter generally (it is our understanding,
however, that there are not presently any defaults, other than the
Disclosed Defaults, that give Landmark the right to demand immediate
repayment of the Loan or to make a Redemption Request).  This will further
confirm that during the Forbearance Period interest shall continue to
accrue under the Note and dividends shall continue to accrue on the Series
B Convertible Preferred Stock (and be payable in accordance with the terms
of the Charter).

      Please countersign this letter to confirm your agreement to make the
Forbearance Accommodation.

      To induce you to make the Forbearance Accommodation, we hereby
reaffirm all of the Company's obligations to Landmark and Landmark Ventures
VII, LLC under the Loan Documents and Charter.

<PAGE>

      Thank you for your consideration of this request.

                              Very truly yours,

                              /s/ Matthew Moog
                              -----------------------
                              Matthew Moog
                              President and CEO

SEEN AND AGREED:

Landmark Communications, Inc.

By:   /s/ Guy R. Friddell, III
      --------------------------------

      Name:   Guy R. Friddell, III
            --------------------------

      Title:  Executive Vice President
            --------------------------

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00081-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00081-of-00352.parquet"}]]