Document:

EX-10.10

 Exhibit 10.10 

COUPONS.COM / Spieker Living Trust UAD 3/12/2002 

October 5, 2012 
 THIS NOTE HAS NOT
BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), OR UNDER THE SECURITIES LAWS OF APPLICABLE STATES, AND IS SUBJECT TO RESTRICTIONS ON TRANSFER AND RESALE AND MAY NOT BE TRANSFERRED OR RESOLD
EXCEPT AS PERMITTED UNDER THE SECURITIES ACT AND THE APPLICABLE STATE SECURITIES LAWS, PURSUANT TO REGISTRATION OR EXEMPTION THEREFROM. THE COMPANY MAY REQUIRE AN OPINION OF COUNSEL TO THE COMPANY, IN FORM AND SUBSTANCE SATISFACTORY TO THE COMPANY,
TO THE EFFECT THAT ANY PROPOSED TRANSFER OR RESALE IS IN COMPLIANCE WITH THE SECURITIES ACT AND ANY APPLICABLE STATE SECURITIES LAWS. 

COUPONS.COM INCORPORATED 
 SECURED
PROMISSORY NOTE 
  

											
		 	Principal Amount:	  	U.S. $15,000,000.00                            
	  	Issue Date:	  	October 5, 2012	  	 
		 				 
		 	Interest Rate:	  	4.00% per annum 	  	Maturity Date:	  	October 5, 2014 [T + 2 years]	  	 

 FOR VALUE RECEIVED, Coupons.com Incorporated, a Delaware corporation (the “Company”), with
principal offices at 400 Logue Avenue, Mountain View, California 94043, hereby promises to pay to Spieker Living Trust UAD 3/12/2002 or its permitted assigns (the “Holder”), pursuant to this Promissory Note (the
“Note”) the principal sum of ****** FIFTEEN MILLION U.S. DOLLARS AND NO CENTS ****** (the “Principal Amount”), or such lesser amount as shall then equal the outstanding Principal Amount hereunder, together
with interest on the unpaid Principal Amount at a rate equal to four percent (4.00%) per annum, compounded annually on the basis of a year of 365 days, from the issue date hereof (the “Issue Date”) up to and until the
Principal Amount is paid. 
 NOW, THEREFORE, THE following is a statement of the rights of Holder and the terms and conditions to which this
Note is subject, and to which Holder hereof, by the acceptance of this Note, agrees: 
 Section 1. Payments. 

1.1 Payment at Maturity or Company Sale. The unpaid Principal Amount together with any then unpaid accrued interest
thereon (collectively, the “Obligations”) shall be due and payable on the earlier of (a) October 5, 2014, 2014 (the “Maturity Date”), or (b) immediately prior to the closing date of any
transaction involving a liquidation, dissolution or winding up of the Company pursuant to Article III, Section 3.6 of the Amended and Restated Certificate of Incorporation of the Company (a “Company Sale”), at the
principal offices of the Company or by mail to the address of the registered Holder of this Note in lawful money of the United States. Any failure to pay the Obligations when due hereunder shall be deemed to be an “Event of Default.” 

1.2 Prepayments. This Note may be prepaid at any time without penalty or premium; provided, however, that the
Company shall provide the Holder with at least seven days’ prior written notice of any prepayment. This Note and any other promissory notes issued under the Securities Purchase Agreement dated October 5, 2012, 2012 (the “Purchase
Agreement,” and this Note and any other promissory notes issued under the Purchase Agreement, collectively, the “Notes”) shall rank equally without preference or priority of any kind

  
 1 

 COUPONS.COM / Spieker Living Trust UAD 3/12/2002 

October 5, 2012 
  

 
over one another, and all payments and recoveries under any other Transaction Agreements (as defined in the Purchase Agreement) payable on account of principal and interest on the Notes shall be
paid and applied ratably and proportionately on the outstanding balances of all outstanding Notes on the basis of their original principal amount. 

Section 2. Security Interest. 

2.1 Definitions. For purposes of this Section 2, (a) the “UCC” means the Uniform Commercial
Code as the same may, from time to time, be in effect in the State of California; provided, however, in the event that, by reason of mandatory provisions of law, the attachment, perfection, the effect of perfection and nonperfection or
priority of the security interest in any Accounts Receivable is governed by the Uniform Commercial Code as in effect in a jurisdiction other than the State of California, then the term “UCC” shall instead mean the Uniform Commercial
Code as in effect in such other jurisdiction for purposes of the provisions of this Note relating to such attachment, perfection, the effect of perfection and nonperfection or priority and for purposes of definitions related to such provisions; and
(b) the “Accounts Receivable” means the Company’s “accounts” (as such term is defined in Article 9 of the UCC). 

2.2 Grant; Termination. To secure the Obligations when due hereunder, the Company hereby grants to the Holder, together
with each other holder of a Note, a security interest in all Accounts Receivable of the Company, wherever located, whether now existing or hereafter acquired or arising. Upon the payment in full of the Principal Amount and all accrued interest under
all of the Notes, the security interest granted under this Section 2.2 shall automatically terminate and Holder shall promptly execute and deliver to the Company such documents and instruments reasonably requested by the Company as shall be
necessary to evidence termination of all security interests given by the Company hereunder. 
 2.3 Authorization to File
Financing Statements. The Company hereby authorizes the Holder to file financing statements with all appropriate jurisdictions to perfect Holder’s interest or rights in the Accounts Receivable hereunder. 

2.4 Remedies. Upon the occurrence, and during the continuance, of an ‘Event of Default, Holder shall have all
rights and remedies of a secured party under the UCC and other applicable laws with respect to the Accounts Receivable, provided that Holder shall only exercise such rights and remedies if and to the extent agreed by the holders of Notes
representing at least a majority of the aggregate Principal Amount of all the Notes then outstanding. The Company shall have the right to collect all Accounts Receivable, and to forgive Accounts Receivable or compromise or settle any Accounts
Receivable for less than payment in full as the Company in good faith determines appropriate; provided, however, that if an Event of Default has occurred and is continuing, then to the extent the Company receives any proceeds from Accounts
Receivable, the Company shall hold all payments on, and proceeds of, Accounts Receivable in trust for Holder, and the other holders of Notes, and the Company shall immediately deliver all such payments and proceeds to such holders in their original
form, duly endorsed, to be applied to the Obligations pursuant to the terms hereof. 
 2.5 Priority among Notes. As
between Holder and the holders of any other Notes, the security interest and other rights granted hereunder will be held by or for the benefit of each such party in accordance with their respective pro rata share of the aggregate Principal
Amount of all Notes then outstanding, and on a pari passu basis of equal seniority and priority, notwithstanding the date, order or method of attachment or perfection of the security interest granted to any such party under the Notes. 

Section 3. Subordination. The Obligations are hereby expressly subordinated to the extent and in the manner hereinafter set forth
in right of payment to the prior payment in full of any indebtedness of the Company incurred after the Issue Date in connection with one or more loans or lines of credit of up to Ten Million Dollars ($10,000,000) in the aggregate from a commercial
lender, to the extent that is expressly designated (in the instrument creating or evidencing such indebtedness) as being senior in right of payment to junior or subordinated indebtedness of the Company, including the Obligations (any such
indebtedness, “Senior Indebtedness”). 
 3.1 Insolvency Proceedings. If: (a) a receiver has been
appointed for any material part of the Company’s property; or (b) the Company makes a general assignment for the benefit of creditors; or (c) the Company becomes a debtor or alleged debtor in a case under the United States Bankruptcy
Code or becomes the subject of any other bankruptcy or similar proceeding for the general adjustment of its debts or for its liquidation; or (d) the Company sells all or substantially all of its assets, dissolves or elects to liquidate or wind

  
 2 

 COUPONS.COM / Spieker Living Trust UAD 3/12/2002 

October 5, 2012 
  

 
up its affairs; then, in each such case, (i) no payment shall be made by the Company in respect of the Obligations from time to time, unless and until the entire Senior Indebtedness shall
first be paid in full, and (ii) no claim or proof of claim shall be filed with the Company by or on behalf of Holder that shall assert any right to receive any payments in respect of the Obligations except subject to the payment in full of the
entire Senior Indebtedness. 
 3.2 Default on Senior Indebtedness. If an event of default (as defined in an agreement
evidencing the Senior Indebtedness) has been declared in writing with respect to such Senior Indebtedness permitting the holder thereof to accelerate the maturity of the Senior Indebtedness or to enforce its rights or remedies against the collateral
with respect to the Senior Indebtedness and the Holder shall have received written notice thereof from the holder of the Senior Indebtedness, then, unless and until such event of default with respect to the Senior Indebtedness shall have been cured
or waived or shall have ceased to exist, or such Senior Indebtedness shall have been paid in full, no payment shall be made by the Company in respect of the Obligations. 

3.3 Surrender of Payments; Further Assurances. If, notwithstanding the provisions of Sections 3.1 or 3.2 Holder receives
a payment on the Obligations to which it is not entitled under the provisions of this Section 3, the Holder shall hold such payment in trust, and shall surrender such payment to the holder of the Senior Indebtedness to the extent necessary to
satisfy the Senior Indebtedness, consistent with the foregoing provisions of this Section 3. 
 3.4 Reliance of
Holders of Senior Indebtedness. Holder acknowledges and agrees that the foregoing subordination provisions are, and are intended to be, an inducement to and a consideration for each holder of Senior Indebtedness, and each such holder of Senior
Indebtedness shall be deemed conclusively to have relied on such subordination provisions in acquiring and holding such Senior Indebtedness. The Holder further agrees to execute and deliver customary forms of intercreditor or subordination
agreements requested from time to time by holders of Senior Indebtedness, and as a condition to Holder’s rights under this Note and the other Transaction Agreements (as defined in the Purchase Agreement), the Company may require that Holder
execute such forms of intercreditor or subordination agreement. 
 3.5 Lien Subordination. All liens and security
interests of the Holder, whether now existing or hereafter arising and howsoever existing, whether pursuant to the Note or otherwise, in any of the Accounts Receivable, shall be and hereby are subordinated to the liens and security interests of the
holder of the Senior Indebtedness notwithstanding the date, manner or order of perfection of the security interests and liens granted to the holder of the Senior Indebtedness or to the Holder, any applicable law or decision, or whether any other
person holds possession of all or any part of the Accounts Receivable. In the event that the holder of the Senior Indebtedness shall be required by the UCC or any other applicable law to give notice to the Holder of intended disposition of the
Accounts Receivable, such notice shall be given in accordance with the provisions hereof and ten (10) days’ notice shall be deemed to be reasonable notification. All proceeds of any enforcement by either the holder of the Senior
Indebtedness or the Holder shall be applied first, to the indefeasible payment in full in cash of all of the Senior Indebtedness, in such order as the holder of the Senior Indebtedness shall determine in its sole discretion, and second, subject to
the agreements of the Holder with the Company, to the indefeasible payment in full in cash of all Obligations in such order as the Holder shall determine in its sole discretion; and third, to pay any surplus then remaining to the owner of the
Accounts Receivable or its successors or assigns or as a court of competent jurisdiction may direct. The Holder acknowledges and agrees that the holder of the Senior Indebtedness may, at any time and from time to time, exercise any of its rights and
remedies pursuant to the Senior Indebtedness documents, at law, in equity or otherwise, without any duty, obligation or liability to the Holder whatsoever. Notwithstanding anything to the contrary contained in this Note or any of the Transaction
Agreements, upon a release by the holder of the Senior Indebtedness of its lien in any Accounts Receivable, the lien of the Holder in such Accounts Receivable shall automatically be released, without any further action on the part of the Holder.
Such automatic release shall not be effective with respect to releases granted by the holder of the Senior Indebtedness in connection with the refinancing of Senior Indebtedness by a new lender or other payment in full of Senior Indebtedness,
provided the holder of the Senior Indebtedness executes a new subordination agreement to the new holder of Senior Indebtedness upon terms substantially similar to those set forth herein. The holder of the Senior Indebtedness and the Holder
each hereby appoint the other agent solely for purposes of perfecting its respective liens on and security interests in the Accounts Receivable described hereunder to the extent that a lien on such Accounts Receivable may be perfected by possession.

  
 3 

 COUPONS.COM / Spieker Living Trust UAD 3/12/2002 

October 5, 2012 
  

 Section 4. General. 

4.1 Waiver: Collection Costs. The Company hereby waives notice of default, presentment or demand for payment, protest or notice of
nonpayment or dishonor and all other notices or demands relative to this Note. Should suit be commenced to collect any sums due under this Note, such sum as the court may deem reasonable shall be added hereto as attorneys’ fees. 

4.2 Notices. Any and all notices required or permitted to be given to a party pursuant to the provisions of this Note will be given in
the manner specified in the Transaction Agreements. 
 4.3 Attorneys’ Fees. In the event any party is required to engage the
services of any attorneys for the purpose of enforcing this Note, or any provision thereof, the prevailing party shall be entitled to recover its reasonable expenses and costs in enforcing this Note, including reasonable attorneys’ fees. 

4.4 Governing Law. This Note shall be governed by and construed under the internal laws of the State of California as applied to
agreements among California residents entered into and to be performed entirely within the State of California, without reference to principles of conflict of laws or choice of laws. 

4.5 Transfer. Neither this Note nor any rights hereunder may be assigned, conveyed or transferred, in whole or in part, without the
Company’s prior written consent, except that this Note may be transferred by the Holder to an Affiliate of the Holder, provided that such transfer is made for no consideration, the Company received prior written notice of such transfer
and the Affiliate agrees in writing to be bound by all of the terms and conditions set forth in the Transaction Agreements. For purposes of the foregoing, an “Affiliate” of Holder means: (a) a person or entity that controls, is
controlled by or is under common control with Holder, where “control” is defined as ownership of at least fifty percent (50%) of the outstanding voting power of an entity; or (b) if Holder is a natural person or a trust
for the benefit of a natural person, any member of such natural person’s immediate family. The rights and obligations of the Company and the Holder under Transaction Agreements shall be binding upon and benefit their respective permitted
successors, assigns, heirs, administrators and transferees. 
 4.6 Headings. The headings and captions used in this Note are used
only for convenience and are not to be considered in construing or interpreting this Note. All references in this Note to sections and exhibits shall, unless otherwise provided, refer to sections hereof and exhibits attached hereto, all of which
exhibits are incorporated herein by this reference. 
 4.7 Severability. If any provision of this Note is determined by any court or
arbitrator of competent jurisdiction to be invalid, illegal or unenforceable in any respect, such provision will be enforced to the maximum extent possible given the intent of the parties hereto. If such clause or provision cannot be so enforced,
such provision shall be stricken from this Note and the remainder of this Note shall be enforced as if such invalid, illegal or unenforceable clause or provision had (to the extent not enforceable) never been contained in this Note. Notwithstanding
the forgoing, if the value of this Note based upon the substantial benefit of the bargain for any party is materially impaired, which determination as made by the presiding court or arbitrator of competent jurisdiction shall be binding, then both
parties agree to substitute such provision(s) through good faith negotiations. 
 4.8 Amendment; Waiver. This Note may be amended and
provisions may be waived upon mutual written agreement of the Holder and the Company. 
 4.9 Entire Agreement. This Note, the
Transaction Agreements and the documents referred to herein and therein constitute the entire agreement and understanding of the parties with respect to the subject matter of this Note, and supersede all prior understandings and agreements, whether
oral or written, between or among the parties hereto with respect to the specific subject matter hereof. 
 4.10 Loss, Theft or
Destruction of Note. Upon receipt by the Company of evidence reasonably satisfactory to it of the loss, theft or destruction of this Note, and of indemnity or security reasonably satisfactory to the Company, the Company will make and deliver a
new replacement Note which shall carry the same rights carried by this Note, stating that such Note is issued in replacement of this Note, making reference to the original date of issuance of this Note (and any successors hereto) and dated as of
such cancellation, in lieu of this Note. 

  
 4 

 COUPONS.COM / Spieker Living Trust UAD 3/12/2002 

October 5, 2012 
  

 [signature page follows] 

  
 5 

 COUPONS.COM / Spieker Living Trust UAD 3/12/2002 

October 5, 2012 
  

 IN WITNESS WHEREOF, the Company has duly executed this NOTE as of the Issue Date. 

 

			
	COMPANY:
	COUPONS.COM INCORPORATED
		
	By:	 	/s/ Steven Boal
		 	Name: Steven Boal
		 	Title:   President
	Address:	 	400 Logue
		 	Mountain View, CA 94043
	Facsimile:	 	(408) 919-5701EX-10.11

 Exhibit 10.11 

EXECUTION VERSION 
  

 
  

CREDIT AND SECURITY AGREEMENT 

by and among 

COUPONS.COM INCORPORATED, 

as Borrower, 
 and

 WELLS FARGO BANK, NATIONAL ASSOCIATION, 

as Lender 
 Dated as of
September 30, 2013 
  
  

 

 TABLE OF CONTENTS 

 

									
	 	    	 	    	 	  	Page	 
			
	 1.
	    	 DEFINITIONS AND CONSTRUCTION
	  	 	1	  
				
		    	1.1	    	 Definitions, Code Terms, Accounting Terms and Construction
	  	 	1	  
			
	 2.
	    	 LOANS AND TERMS OF PAYMENT
	  	 	1	  
				
		    	2.1	    	 Revolving Loan Advances
	  	 	1	  
		    	2.2	    	 [Intentionally Omitted]
	  	 	1	  
		    	2.3	    	 Borrowing Procedures
	  	 	1	  
		    	2.4	    	 Payments; Prepayments
	  	 	2	  
		    	2.5	    	 Clearance Charge
	  	 	3	  
		    	2.6	    	 Interest Rates: Rates, Payments, and Calculations
	  	 	3	  
		    	2.7	    	 Designated Account
	  	 	5	  
		    	2.8	    	 Maintenance of Loan Account; Statements of Obligations
	  	 	5	  
		    	2.9	    	 Maturity Termination Dates
	  	 	5	  
		    	2.10	    	 Effect of Maturity
	  	 	5	  
		    	2.11	    	 Termination or Reduction by Borrowers
	  	 	6	  
		    	2.12	    	 Fees
	  	 	7	  
		    	2.13	    	 Letters of Credit
	  	 	7	  
		    	2.14	    	 Illegality; Impracticability; Increased Costs
	  	 	12	  
		    	2.15	    	 Capital Requirements
	  	 	12	  
		    	2.16	    	 Extent of Each Borrower’s Liability, Contribution
	  	 	13	  
			
	 3.
	    	 SECURITY INTEREST
	  	 	14	  
				
		    	3.1	    	 Grant of Security Interest
	  	 	14	  
		    	3.2	    	 Borrowers Remain Liable
	  	 	15	  
		    	3.3	    	 Assignment of Insurance
	  	 	15	  
		    	3.4	    	 Financing Statements
	  	 	16	  
			
	 4.
	    	 CONDITIONS
	  	 	16	  
				
		    	4.1	    	 Conditions Precedent to the Initial Extension of Credit
	  	 	16	  
		    	4.2	    	 Conditions Precedent to all Extensions of Credit
	  	 	16	  
		    	4.3	    	 Conditions Subsequent
	  	 	16	  
			
	 5.
	    	 REPRESENTATIONS AND WARRANTIES
	  	 	17	  
			
	 6.
	    	 AFFIRMATIVE COVENANTS
	  	 	17	  
				
		    	6.1	    	 Financial Statements, Reports, Certificates
	  	 	17	  
		    	6.2	    	 Collateral Reporting
	  	 	17	  
		    	6.3	    	 Existence
	  	 	17	  
		    	6.4	    	 Maintenance of Properties
	  	 	18	  
		    	6.5	    	 Taxes
	  	 	18	  
		    	6.6	    	 Insurance
	  	 	18	  
		    	6.7	    	 Inspections, Exams, Collateral Exams and Appraisals
	  	 	19	  
		    	6.8	    	 Account Verification
	  	 	19	  
		    	6.9	    	 Compliance with Laws
	  	 	19	  

  
 -i- 

 TABLE OF CONTENTS 

(continued) 
  

									
	 	    	 	    	 	  	Page	 
				
		    	6.10	    	 [Intentionally Omitted]
	  	 	19	  
		    	6.11	    	 Disclosure Updates
	  	 	19	  
		    	6.12	    	 Collateral Covenants
	  	 	20	  
		    	6.13	    	 Material Contracts
	  	 	25	  
		    	6.14	    	 Location of Equipment and Books
	  	 	25	  
		    	6.15	    	 Formation of Subsidiaries
	  	 	25	  
		    	6.16	    	 Further Assurances
	  	 	26	  
			
	 7.
	    	 NEGATIVE COVENANTS
	  	 	27	  
				
		    	7.1	    	 Indebtedness
	  	 	27	  
		    	7.2	    	 Liens
	  	 	27	  
		    	7.3	    	 Restrictions on Fundamental Changes
	  	 	27	  
		    	7.4	    	 Disposal of Assets
	  	 	28	  
		    	7.5	    	 Change Name
	  	 	28	  
		    	7.6	    	 Nature of Business
	  	 	28	  
		    	7.7	    	 Prepayments and Amendments
	  	 	28	  
		    	7.8	    	 Change of Control
	  	 	29	  
		    	7.9	    	 Restricted Junior Payments
	  	 	29	  
		    	7.10	    	 Accounting Methods
	  	 	29	  
		    	7.11	    	 Investments; Controlled Investments
	  	 	29	  
		    	7.12	    	 Transactions with Affiliates
	  	 	30	  
		    	7.13	    	 Use of Proceeds
	  	 	30	  
		    	7.14	    	 Limitation on Issuance of Stock
	  	 	30	  
		    	7.15	    	 Subsidiaries
	  	 	31	  
			
	 8.
	    	 FINANCIAL COVENANTS
	  	 	31	  
				
		    	8.1	    	 Liquidity
	  	 	31	  
		    	8.2	    	 Excess Availability
	  	 	31	  
			
	 9.
	    	 EVENTS OF DEFAULT
	  	 	31	  
			
	 10.
	    	 RIGHTS AND REMEDIES
	  	 	34	  
				
		    	10.1	    	 Rights and Remedies
	  	 	34	  
		    	10.2	    	 Additional Rights and Remedies
	  	 	35	  
		    	10.3	    	 Lender Appointed Attorney in Fact
	  	 	36	  
		    	10.4	    	 Remedies Cumulative
	  	 	37	  
		    	10.5	    	 Crediting of Payments and Proceeds
	  	 	37	  
		    	10.6	    	 Marshaling
	  	 	37	  
		    	10.7	    	 License
	  	 	38	  
			
	 11.
	    	 WAIVERS; INDEMNIFICATION
	  	 	38	  
				
		    	11.1	    	 Demand; Protest; etc.
	  	 	38	  
		    	11.2	    	 The Lender’s Liability for Collateral
	  	 	38	  
		    	11.3	    	 Indemnification
	  	 	38	  

  
 -ii- 

 TABLE OF CONTENTS 

(continued) 
  

									
	 	    	 	    	 	  	Page	 
			
	 12.
	    	 NOTICES
	  	 	39	  
			
	 13.
	    	 CHOICE OF LAW AND VENUE; JURY TRIAL WAIVER; ARBITRATION
	  	 	41	  
			
	 14.
	    	 ASSIGNMENTS; SUCCESSORS
	  	 	45	  
			
	 15.
	    	 AMENDMENTS; WAIVERS
	  	 	46	  
			
	 16.
	    	 TAXES
	  	 	46	  
			
	 17.
	    	 GENERAL PROVISIONS
	  	 	47	  
				
		    	17.1	    	 Effectiveness
	  	 	47	  
		    	17.2	    	 Section Headings
	  	 	47	  
		    	17.3	    	 Interpretation
	  	 	47	  
		    	17.4	    	 Severability of Provisions
	  	 	47	  
		    	17.5	    	 Debtor-Creditor Relationship
	  	 	47	  
		    	17.6	    	 Counterparts; Electronic Execution
	  	 	47	  
		    	17.7	    	 Revival and Reinstatement of Obligations
	  	 	48	  
		    	17.8	    	 Confidentiality
	  	 	48	  
		    	17.9	    	 Lender Expenses
	  	 	49	  
		    	17.10	    	 Setoff
	  	 	49	  
		    	17.11	    	 Survival
	  	 	49	  
		    	17.12	    	 Patriot Act
	  	 	49	  
		    	17.13	    	 Integration
	  	 	50	  
		    	17.14	    	 Bank Product Providers
	  	 	50	  

  
 -iii- 

 EXHIBITS AND SCHEDULES 

 

			
	Schedule 1.1	  	Definitions
	Schedule 2.12	  	Fees
	Schedule 6.1	  	Financial Statement, Reports, Certificates
	Schedule 6.2	  	Collateral Reporting
	Exhibit A	  	Form of Compliance Certificate
	Exhibit B	  	Conditions Precedent
	Exhibit C	  	Conditions Subsequent
	Exhibit D	  	Representations and Warranties
	Exhibit E	  	Information Certificate
	Schedule A-1	  	Collection Account
	Schedule A-2	  	Authorized Person
	Schedule D-1	  	Designated Account
	Schedule P-1	  	Permitted Investments
	Schedule P-2	  	Permitted Liens

  
 -iv- 

 CREDIT AND SECURITY AGREEMENT 

THIS CREDIT AND SECURITY AGREEMENT (this “Agreement”), is entered into as of September 30, 2013, by and among
WELLS FARGO BANK, NATIONAL ASSOCIATION (“Lender”), and COUPONS.COM INCORPORATED, a Delaware corporation (“Borrower”). 

The parties agree as follows: 
  

	1.	DEFINITIONS AND CONSTRUCTION. 

 1.1 Definitions, Code Terms,
Accounting Terms and Construction. Capitalized terms used in this Agreement shall have the meanings specified therefor on Schedule 1.1. Additionally, matters of (i) interpretation of terms defined in the Code,
(ii) interpretation of accounting terms and (iii) construction are set forth in Schedule 1.1. 
  

	2.	LOANS AND TERMS OF PAYMENT. 

 2.1 Revolving Loan Advances.

 (a) Subject to the terms and conditions of this Agreement, and during the term of this Agreement, Lender agrees to make revolving loans
(“Advances”) to Borrowers in an amount at any one time outstanding not to exceed the lesser of: 
 (i) the Maximum
Revolver Amount less the Letter of Credit Usage at such time, and 
 (ii) the Borrowing Base at such time less the Letter of Credit Usage
at such time. 
 (b) Amounts borrowed pursuant to this Section 2.1 may be repaid and, subject to the terms and conditions of
this Agreement, reborrowed at any time during the term of this Agreement. The outstanding principal amount of the Advances, together with interest accrued and unpaid thereon, shall be due and payable on the Termination Date. Lender has no obligation
to make an Advance at any time following the occurrence of a Default or an Event of Default. 
 2.2 [Intentionally Omitted].

 2.3 Borrowing Procedures. 

(a) Procedure for Borrowing. Provided Lender has not separately agreed that Borrowers may use the Loan Management Service, each
Borrowing shall be made by a written request by an Authorized Person delivered to Lender. Such written request must be received by Lender no later than 9:00 a.m. (Pacific time) on the Business Day that is the requested Funding Date specifying
(i) the amount of such Borrowing, and (ii) the requested Funding Date, which shall be a Business Day. At Lender’s election, in lieu of delivering the above-described written request, any Authorized Person may give Lender telephonic
notice of such request by the required time. Lender is authorized to make the Advances, and to issue the 

 
Letters of Credit, under this Agreement based upon telephonic or other instructions received from anyone purporting to be an Authorized Person. 

(b) Making of Loans. Promptly after receipt of a request for a Borrowing pursuant to Section 2.3(a), Lender shall make the
proceeds thereof available to Borrowers on the applicable Funding Date by transferring immediately available funds equal to such amount to the Designated Account; provided, however, that, Lender shall not have the obligation to make
any Advance if (1) one (1) or more of the applicable conditions precedent set forth in Section 4 will not be satisfied on the requested Funding Date for the applicable Borrowing unless such condition has been waived by Lender,
or (2) the requested Borrowing would exceed the Availability on such Funding Date. 
 (c) Loan Management Service. If Lender has
separately agreed that Borrowers may use the Loan Management Service, Borrowers shall not request and Lender shall no longer honor a request for an Advance made in accordance with Section 2.3(a) and all Advances will instead be initiated
by Lender and credited to the Designated Account as Advances as of the end of each Business Day in an amount sufficient to maintain an agreed upon ledger balance in the Designated Account, subject only to Availability as provided in
Section 2.1. If Lender terminates Borrowers’ access to the Loan Management Service, Borrowers may continue to request Advances as provided in Section 2.3(a), subject to the other terms and conditions of this Agreement.
Lender shall have no obligation to make an Advance through the Loan Management Service after the occurrence of a Default or an Event of Default, or in an amount in excess of Availability, and may terminate the Loan Management Service at any time in
its sole discretion. 
 (d) Protective Advances. Upon a reasonable attempt by Lender to provide prior written notice to the Borrowers
prior to an Event of Default (it being understood that providing notice by electronic mail shall be deemed to constitute a “reasonable attempt” even if Lender does not receive an acknowledgment that Borrowers have received such electronic
mail), or upon the occurrence and during the continuance of an Event of Default, Lender may make an Advance for any reason at any time in its Permitted Discretion, without Borrowers’ compliance with any of the conditions of this Agreement, and
(i) disburse the proceeds directly to third Persons in order to protect Lender’s interest in the Collateral or to perform any obligation of Borrowers under this Agreement or otherwise to enhance the likelihood of repayment of the
Obligations, or (ii) apply the proceeds to outstanding Obligations then due and payable (such Advance, a “Protective Advance”). 

2.4 Payments; Prepayments. 

(a) Payments by Borrowers. Except as otherwise expressly provided herein, all payments by Borrowers shall be made as directed by Lender
or as otherwise specified in the applicable Cash Management Documents. 
 (b) Payments by Account Debtors. Borrowers shall instruct
all Account Debtors to make payments either directly to the Lockbox for deposit by Lender directly to the Collection Account, or instruct them to deliver such payments to Lender by wire transfer, ACH, or other means as Lender may direct for deposit
to the Lockbox or Collection Account or for 

  
 2 

 
direct application to reduce the outstanding Advances. If any Borrower receives a payment of the Proceeds of Collateral directly, such Borrower will promptly deposit the payment or Proceeds into
the Collection Account. Until so deposited, such Borrower will hold all such payments and Proceeds in trust for Lender without commingling with other funds or property. 

(c) Crediting Payments. For purposes of calculating Availability and the accrual of interest on outstanding Obligations, unless
otherwise provided in the applicable Cash Management Documents or as otherwise agreed between Borrowers and Lender, each payment shall be applied to the Obligations as of the first Business Day following the Business Day of deposit to the Collection
Account of immediately available funds or other receipt of immediately available funds by Lender provided such payment is received in accordance with Lender’s usual and customary practices as in effect from time to time. Any payment received by
Lender that is not a transfer of immediately available funds shall be considered provisional until the item or items representing such payment have been finally paid under applicable law. Should any payment item not be honored when presented for
payment, then Borrowers shall be deemed not to have made such payment, and that portion of Borrowers’ outstanding Obligations corresponding to the amount of such dishonored payment item shall be deemed to bear interest as if the dishonored
payment item had never been received by Lender. Each reduction in outstanding Advances resulting from the application of such payment to the outstanding Advances shall be accompanied by an equal reduction in the amount of outstanding Accounts. 

(d) Application of Payments. All Collections and all Proceeds of Collateral received by Lender, shall be applied, so long as no Event
of Default has occurred and is continuing, to reduce the outstanding Obligations in such manner as Lender shall determine in its discretion. After payment in full in cash of all Obligations, any remaining balance shall be transferred to the
Designated Account. Amounts collected by Lender from a Loan Party in relation to or for the account of Bank Product Obligations shall be remitted to the applicable Bank Product Provider. 

(e) [Intentionally Omitted]. 

(f) Mandatory Prepayments. If, at any time, the Revolver Usage exceeds (A) the Borrowing Base or (B) the Maximum Revolver
Amount (such excess amount being referred to as the “Overadvance Amount”), then Borrowers shall immediately prepay the Obligations in an aggregate amount equal to the Overadvance Amount. If payment in full of the outstanding
revolving loans is insufficient to eliminate the Overadvance Amount and Letter of Credit Usage continues to exceed the Borrowing Base, Borrowers shall maintain Letter of Credit Collateralization of the outstanding Letter of Credit Usage. Lender
shall not be obligated to provide any Advances during any period that an Overadvance Amount is outstanding. 
 2.5 Clearance
Charge. [Intentionally Omitted]. 
 2.6 Interest Rates: Rates, Payments, and Calculations. 

(a) Interest Rates. Except as provided in Section 2.6(b), the principal amount of all Obligations (except for undrawn
Letters of Credit and Bank Products) that have 

  
 3 

 
been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to the Interest Rate plus the Applicable Margin. 

(b) Default Rate. Upon the occurrence and during the continuation of an Event of Default and at any time following the Termination
Date, at the discretion of Lender, 
 (i) the principal amount of all Obligations (except for undrawn Letters of Credit and Bank Products)
that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunder, and 

(ii) the Letter of Credit fee provided for in Section 2.12 shall be increased by 2 percentage points above the per annum rate
otherwise applicable hereunder. 
 For avoidance of doubt, Lender may assess the Default Rate commencing on the date of the occurrence of an Event of
Default irrespective of the date of reporting or declaration of such Event of Default. 
 (c) Payment. Except to the extent provided
to the contrary in Section 2.12, all interest, all Letter of Credit fees, all other fees payable hereunder or under any of the other Loan Documents, all costs and expenses payable hereunder or under any of the other Loan Documents, and
all Lender Expenses shall be due and payable, in arrears, on the first day of each month. Each Borrower hereby authorizes Lender, from time to time without prior notice to Borrowers, to charge all interest, Letter of Credit fees, and all other fees
payable hereunder or under any of the other Loan Documents (in each case, as and when due and payable), all costs and expenses payable hereunder or under any of the other Loan Documents (in each case, as and when accrued or incurred), all Lender
Expenses (as and when accrued or incurred), and all fees and costs provided for in Section 2.12 (as and when accrued or incurred), and all other payment obligations as and when due and payable under any Loan Document or any Bank Product
Agreement (including any amounts due and payable to any Bank Product Provider in respect of Bank Products that the Borrowers have not otherwise made payment of or provided for) to the Loan Account, which amounts shall thereupon constitute Advances
hereunder and, shall accrue interest at the rate then applicable to Advances. Any interest, fees, costs, expenses, Lender Expenses, or other amounts payable hereunder or under any other Loan Document or under any Bank Product Agreement that are
charged to the Loan Account shall thereafter constitute Advances hereunder and shall accrue interest at the rate then applicable to Advances. 

(d) Computation. All interest and fees chargeable under the Loan Documents shall be computed on the basis of a 360 day year, in each
case, for the actual number of days elapsed in the period during which the interest or fees accrue. In the event the Interest Rate is changed from time to time hereafter, the rates of interest hereunder based upon the Interest Rate automatically and
immediately shall be increased or decreased by an amount equal to such change in the Interest Rate. 
 (e) Intent to Limit Charges to
Maximum Lawful Rate. In no event shall the interest rate or rates payable under this Agreement, plus any other amounts paid in connection herewith, exceed the highest rate permissible under any law that a court of competent

  
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jurisdiction shall, in a final determination, deem applicable. Borrowers and Lender, in executing and delivering this Agreement, intend legally to agree upon the rate or rates of interest and
manner of payment stated within it; provided, however, that, anything contained herein to the contrary notwithstanding, if said rate or rates of interest or manner of payment exceeds the maximum allowable under applicable law, then, as
of the date of this Agreement, Borrowers are and shall be liable only for the payment of such maximum amount as is allowed by law, and payment received from Borrowers in excess of such legal maximum, whenever received, shall be applied to reduce the
principal balance of the Obligations to the extent of such excess. 
 2.7 Designated Account. Borrowers agree to establish and
maintain one or more Designated Accounts, each in the name of a single Borrower, for the purpose of receiving the proceeds of the Advances requested by Borrowers and made by Lender hereunder. Unless otherwise agreed by Lender and Borrowers, any
Advance requested by Borrowers and made by Lender hereunder shall be made to the applicable Designated Account. 
 2.8 Maintenance of
Loan Account; Statements of Obligations. Lender shall maintain an account on its books in the name of Borrowers (the “Loan Account”) in which will be recorded all Advances made by Lender to Borrowers or for Borrowers’
account, the Letters of Credit issued or arranged by Lender for Borrowers’ account, and all other payment Obligations hereunder or under the other Loan Documents and to the extent payment is charged to the Loan Account, for payments under Bank
Product Agreements, including accrued interest, fees and expenses, and Lender Expenses. In accordance with Section 2.4 and Section 2.5, the Loan Account will be credited with all payments received by Lender from Borrowers or
for Borrowers’ account. All monthly statements delivered by Lender to the Borrowers regarding the Loan Account, including with respect to principal, interest, fees, and including an itemization of all charges and expenses constituting Lender
Expenses owing, shall be subject to subsequent adjustment by Lender but shall, absent manifest error, be conclusively presumed to be correct and accurate and constitute an account stated between Borrowers and Lender unless, within 30 days after
receipt thereof by Borrowers, Borrowers shall deliver to Lender written objection thereto describing the error or errors contained in any such statements. 

2.9 Maturity Termination Dates. Lender’s obligations under this Agreement shall continue in full force and effect for a
term ending on the earliest of (i) September 30, 2016 (the “Maturity Date”), (ii) the date Borrowers terminate the Revolving Credit Facility, or (iii) the date the Revolving Credit Facility terminates pursuant to
Sections 10.1 and 10.2 following an Event of Default (the earliest of these dates, the “Termination Date”). The foregoing notwithstanding, Lender shall have the right to terminate its obligations under this Agreement
immediately and without notice upon the occurrence and during the continuation of an Event of Default. Each Borrower jointly and severally promises to pay the Obligations (including principal, interest, fees, costs, and expenses, including Lender
Expenses) in full on the Termination Date (other than the Hedge Obligations, which shall be paid in accordance with the applicable Hedge Agreement). 

2.10 Effect of Maturity. On the Termination Date, all obligations of Lender to provide additional credit hereunder shall
automatically be terminated and all of the Obligations (other than Hedge Obligations which shall be terminated in accordance with the applicable Hedge Agreement) shall immediately become due and payable without notice or demand and

  
 5 

 
Borrowers shall immediately repay all of the Obligations in full. No termination of the obligations of Lender (other than cash payment in full of the Obligations and termination of the
obligations of Lender to provide additional credit hereunder) shall relieve or discharge any Loan Party of its duties, obligations, or covenants hereunder or under any other Loan Document and Lender’s Liens in the Collateral shall continue to
secure the Obligations and shall remain in effect until all Obligations have been paid in full in cash and Lender’s obligations to provide additional credit hereunder shall have been terminated. Provided that there are no suits, actions,
proceedings or claims pending or threatened against any Indemnified Person under this Agreement with respect to any Indemnified Liabilities, Lender shall, at Borrowers’ expense, release or terminate any filings or other agreements that perfect
the Lender’s Liens in the Collateral, upon Lender’s receipt of each of the following, in form and content reasonably satisfactory to Lender: (i) cash payment in full of all Obligations (including Hedge Obligations subject, however, to
the next sentence) and completed performance by Borrowers with respect to their other obligations under this Agreement (including Letter of Credit Collateralization with respect to all outstanding Letter of Credit Usage), (ii) evidence that any
obligation of Lender to make Advances to any Borrower or provide any further credit to any Borrower has been terminated, (iii) a general release of all claims against Lender and its Affiliates by each Borrower and each Loan Party relating to
Lender’s performance and obligations under the Loan Documents, and (iv) an agreement by each Borrower, each Guarantor, and any new lender to any Borrower to indemnify Lender and its Affiliates for any payments received by Lender or its
Affiliates that are applied to the Obligations as a final payoff that may subsequently be returned or otherwise not paid for any reason. With respect to any outstanding Hedge Obligations which are not so paid in full, the Bank Product Provider may
require Borrowers to cash collateralize the then existing Hedge Obligations in an amount acceptable to Lender prior to releasing or terminating any filings or other agreements that perfect the Lender’s Liens in the Collateral. 

2.11 Termination or Reduction by Borrowers. 

(a) Borrowers may terminate the Credit Facility or reduce the Maximum Revolver Amount at any time prior to the Maturity Date, if they
(i) deliver a notice to Lender of their intentions at least 15 days prior to the proposed action, (ii) pay to Lender the applicable termination fee, reduction fee or prepayment fee set forth in Schedule 2.12, and (iii) pay the
Obligations (other than the outstanding Hedge Obligations, which shall be paid in accordance with the applicable Hedge Agreement) in full or down to the reduced Maximum Revolver Amount. Any reduction in the Maximum Revolver Amount shall be in
multiples of $250,000, with a minimum reduction of at least $1,000,000. Each such termination, reduction or prepayment shall be irrevocable. Once reduced, the Maximum Revolver Amount may not be increased. 

(b) The applicable termination fee, reduction fee and prepayment fee set forth in Schedule 2.12 shall be presumed to be the amount of
damages sustained by Lender as a result of an early termination, reduction or prepayment, as applicable and each Borrower agrees that it is reasonable under the circumstances currently existing (including the borrowings that are reasonably expected
by Borrowers hereunder and the interest, fees and other charges that are reasonably expected to be received by Lender hereunder). In addition, Lender shall be entitled to such early termination fee upon the occurrence of any Event of Default
described in Sections 9.4 and 9.5 hereof, even if Lender does not exercise its right to terminate this Agreement, but elects, 

  
 6 

 
at its option, to provide financing to Borrowers or permit the use of cash collateral during an Insolvency Proceeding. The early termination fee, reduction fee and prepayment fee, as applicable,
provided for in Schedule 2.12 shall be deemed included in the Obligations. 
 2.12 Fees. Borrowers shall pay to Lender
the fees set forth on Schedule 2.12 attached hereto, each to the extent subject to and in accordance with the terms and conditions of this Agreement. 

2.13 Letters of Credit. 

(a) Subject to the terms and conditions of this Agreement, upon the request of a Borrower made in accordance herewith, Lender agrees to issue
a requested Letter of Credit for the account of such Borrower. By submitting a request to Lender for the issuance of a Letter of Credit, such Borrower shall be deemed to have requested that Lender issue the requested Letter of Credit. Each request
for the issuance of a Letter of Credit, or the amendment, renewal, or extension of any outstanding Letter of Credit, shall be irrevocable and shall be made in writing by an Authorized Person and delivered to Lender via telefacsimile, or other
electronic method of transmission reasonably acceptable to Lender and reasonably in advance of the requested date of issuance, amendment, renewal, or extension. Each such request shall be in form and substance reasonably satisfactory to Lender, and
(i) shall specify (A) the amount of such Letter of Credit, (B) the date of issuance, amendment, renewal, or extension of such Letter of Credit, (C) the proposed expiration date of such Letter of Credit, (D) the name and
address of the beneficiary of the Letter of Credit, and (E) such other information (including, the conditions to drawing, and, in the case of an amendment, renewal, or extension, identification of the Letter of Credit to be so amended, renewed,
or extended) as shall be necessary to prepare, amend, renew, or extend such Letter of Credit, and (ii) shall be accompanied by such Letter of Credit Agreements as Lender may request or require, to the extent that such requests or requirements
are consistent with the Letter of Credit Agreements that Lender generally requests for Letters of Credit in similar circumstances. Lender’s records of the content of any such request will be conclusive. 

(b) Lender shall have no obligation to issue, amend, renew or extend a Letter of Credit if, after giving effect to the requested issuance,
amendment, renewal, or extension, the Letter of Credit Usage would exceed the least of: (i) the Borrowing Base at such time less the outstanding amount of Advances at such time, (ii) the Maximum Revolver Amount less the outstanding amount
of Advances, or (iii) $1,000,000. 
 (c) Lender shall have no obligation to issue a Letter of Credit if (i) any order, judgment,
or decree of any Governmental Authority or arbitrator shall, by its terms, purport to enjoin or restrain Lender from issuing such Letter of Credit or any law applicable to Lender or any request or directive (whether or not having the force of law)
from any Governmental Authority with jurisdiction over Lender shall prohibit or request that Lender refrain from the issuance of letters of credit generally or such Letter of Credit in particular, or (ii) the issuance of such Letter of Credit
would violate one or more policies of Lender applicable to letters of credit generally. 
 (d) Each Letter of Credit shall be in form and
substance reasonably acceptable to Lender, including the requirement that the amounts payable thereunder must be payable in 

  
 7 

 
Dollars, and shall expire on a date no more than 12 months after the date of issuance or last renewal of such Letter of Credit, which date shall be no later than the Maturity Date. If Lender
makes a payment under a Letter of Credit, Borrowers shall pay the Lender an amount equal to the applicable Letter of Credit Disbursement on the Business Day such Letter of Credit Disbursement is made and, in the absence of such payment, the amount
of the Letter of Credit Disbursement immediately and automatically shall be deemed to be an Advance hereunder (notwithstanding any failure to satisfy any condition precedent set forth in Section 4 or this Section 2.13) and,
initially, shall bear interest at the rate then applicable to Advances. If a Letter of Credit Disbursement is deemed to be an Advance hereunder, Borrowers’ obligation to pay the amount of such Letter of Credit Disbursement to Lender shall be
automatically converted into an obligation to pay Lender such resulting Advance in accordance with the terms and conditions of this Agreement. 

(e) Each Borrower agrees to indemnify, defend and hold harmless Lender (including its branches, Affiliates, and correspondents) and each such
Person’s respective directors, officers, employees, attorneys and agents (each, a “Letter of Credit Related Person”) (to the fullest extent permitted by law) from and against any and all claims, demands, suits, actions,
investigations, proceedings, liabilities, fines, costs, penalties, and damages, and all reasonable fees and disbursements of attorneys, experts, or consultants and all other costs and expenses actually incurred in connection therewith or in
connection with the enforcement of this indemnification (as and when they are incurred and irrespective of whether suit is brought), which may be incurred by or awarded against any such Letter of Credit Related Person (other than Taxes, which shall
be governed by Section 16) (the “Letter of Credit Indemnified Costs”), and which arise out of or in connection with, or as a result of: (i) any Letter of Credit or any pre-advice of its issuance; (ii) any
transfer, sale, delivery, surrender or endorsement of any Drawing Document at any time(s) held by any such Letter of Credit Related Person in connection with any Letter of Credit; (iii) any action or proceeding arising out of, or in connection
with, any Letter of Credit (whether administrative, judicial or in connection with arbitration), including any action or proceeding to compel or restrain any presentation or payment under any Letter of Credit, or for the wrongful dishonor of, or
honoring a presentation under, any Letter of Credit; (iv) any independent undertakings issued by the beneficiary of any Letter of Credit; (v) any unauthorized instruction or request made to Lender in connection with any Letter of Credit or
requested Letter of Credit or error in computer or electronic transmission; (vi) an adviser, confirmer or other nominated person seeking to be reimbursed, indemnified or compensated; (vii) any third party seeking to enforce the rights of
an applicant, beneficiary, nominated person, transferee, assignee of Letter of Credit proceeds or holder of an instrument or document; (viii) the fraud, forgery or illegal action of parties in connection with any Letter of Credit other than the
Letter of Credit Related Person; (ix) Lender’s performance of the obligations of a confirming institution or entity that wrongfully dishonors a confirmation; or (x) the acts or omissions, whether rightful or wrongful, of any present
or future de jure or de facto governmental or regulatory authority or cause or event beyond the control of the Letter of Credit Related Person; in each case, including that resulting from the Letter of Credit Related Person’s own negligence;
provided, however, that such indemnity shall not be available to any Letter of Credit Related Person claiming indemnification under clauses (i) through (x) above to the extent that such Letter of Credit
Indemnified Costs may be finally determined in a final, non-appealable judgment of a court of competent jurisdiction to have resulted directly from the gross negligence or willful misconduct of the Letter of Credit Related Person claiming indemnity
or any of its affiliates. 

  
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Borrowers hereby agree to pay the Letter of Credit Related Person claiming indemnity on demand from time to time all amounts owing under this Section 2.13(e). If and to the extent
that the obligations of Borrowers under this Section 2.13(e) are unenforceable for any reason, Borrowers agree to make the maximum contribution to the Letter of Credit Indemnified Costs permissible under applicable law. This
indemnification provision shall survive termination of this Agreement and all Letters of Credit. 
 (f) The liability of Lender (or any
other Letter of Credit Related Person) under, in connection with or arising out of any Letter of Credit (or pre-advice), regardless of the form or legal grounds of the action or proceeding, shall be limited to direct damages suffered by Borrowers
that are caused directly by Lender’s gross negligence or willful misconduct in (i) honoring a presentation under a Letter of Credit that on its face does not at least substantially comply with the terms and conditions of such Letter of
Credit, (ii) failing to honor a presentation under a Letter of Credit that strictly complies with the terms and conditions of such Letter of Credit or (iii) retaining Drawing Documents presented under a Letter of Credit. Lender shall be
deemed to have acted with due diligence and reasonable care if Lender’s conduct is in accordance with Standard Letter of Credit Practice or in accordance with this Agreement. Borrowers’ aggregate remedies against Lender and any Letter of
Credit Related Person for wrongfully honoring a presentation under any Letter of Credit or wrongfully retaining honored Drawing Documents shall in no event exceed the aggregate amount paid by Borrowers to Lender in respect of the honored
presentation in connection with such Letter of Credit under Section 2.13(d), plus interest at the rate then applicable to Advances hereunder. Borrowers shall take action to avoid and mitigate the amount of any damages claimed against
Lender or any other Letter of Credit Related Person, including by enforcing its rights against the beneficiaries of the Letters of Credit. Any claim by Borrowers under or in connection with any Letter of Credit shall be reduced by an amount equal to
the sum of (x) the amount (if any) saved by Borrowers as a result of the breach or alleged wrongful conduct complained of; and (y) the amount (if any) of the loss that would have been avoided had Borrowers taken all reasonable steps to
mitigate any loss, and in case of a claim of wrongful dishonor, by specifically and timely authorizing Lender to effect a cure. 
 (g)
Borrowers are responsible for preparing or approving the final text of the Letter of Credit as issued by Lender, irrespective of any assistance Lender may provide such as drafting or recommending text or by Lender’s use or refusal to use text
submitted by Borrowers. Borrowers are solely responsible for the suitability of the Letter of Credit for Borrowers’ purposes. With respect to any Letter of Credit containing an “automatic amendment” to extend the expiration date of
such Letter of Credit, Lender, in its sole and absolute discretion, may give notice of nonrenewal of such Letter of Credit and, if Borrowers do not at any time want such Letter of Credit to be renewed, Borrowers will so notify Lender at least 15
calendar days before Lender is required to notify the beneficiary of such Letter of Credit or any advising bank of such nonrenewal pursuant to the terms of such Letter of Credit. 

(h) Borrowers’ reimbursement and payment obligations under this Section 2.13 are absolute, unconditional and irrevocable and
shall be performed strictly in accordance with the terms of this Agreement under any and all circumstances whatsoever, including: (i) any lack of validity, enforceability or legal effect of any Letter of Credit or this Agreement or any term or
provision therein or herein; (ii) payment against presentation of any draft, demand or 

  
 9 

 
claim for payment under any Drawing Document that does not comply in whole or in part with the terms of the applicable Letter of Credit or which proves to be fraudulent, forged or invalid in any
respect or any statement therein being untrue or inaccurate in any respect, or which is signed, issued or presented by a Person or a transferee of such Person purporting to be a successor or transferee of the beneficiary of such Letter of Credit;
(iii) Lender or any of its branches or Affiliates being the beneficiary of any Letter of Credit; (iv) Lender or any correspondent honoring a drawing against a Drawing Document up to the amount available under any Letter of Credit even if
such Drawing Document claims an amount in excess of the amount available under the Letter of Credit; (v) the existence of any claim, set-off, defense or other right that any Borrower or any of its Subsidiaries may have at any time against any
beneficiary, any assignee of proceeds, Lender or any other Person; (vi) any other event, circumstance or conduct whatsoever, whether or not similar to any of the foregoing that might, but for this Section 2.13(h), constitute a legal
or equitable defense to or discharge of, or provide a right of set-off against, any Borrower’s or any of its Subsidiaries’ reimbursement and other payment obligations and liabilities, arising under, or in connection with, any Letter of
Credit, whether against Lender, the beneficiary or any other Person; or (vii) the fact that any Default or Event of Default shall have occurred and be continuing; provided, however, that subject to Section 2.13(f)
above, the foregoing shall not release Lender from such liability to Borrowers as may be finally determined in a final, non-appealable judgment of a court of competent jurisdiction against Lender following reimbursement or payment of the obligations
and liabilities, including reimbursement and other payment obligations, of Borrowers to Lender arising under, or in connection with, this Section 2.13 or any Letter of Credit. 

(i) Without limiting any other provision of this Agreement, Lender and each other Letter of Credit Related Person (if applicable) shall not be
responsible to Borrowers for, and Lender’s rights and remedies against Borrowers and the obligation of Borrowers to reimburse Lender for each drawing under each Letter of Credit shall not be impaired by: (i) honor of a presentation under
any Letter of Credit that on its face substantially complies with the terms and conditions of such Letter of Credit, even if the Letter of Credit requires strict compliance by the beneficiary; (ii) honor of a presentation of any Drawing
Document that appears on its face to have been signed, presented or issued (A) by any purported successor or transferee of any beneficiary or other Person required to sign, present or issue such Drawing Document or (B) under a new name of
the beneficiary; (iii) acceptance as a draft of any written or electronic demand or request for payment under a Letter of Credit, even if nonnegotiable or not in the form of a draft or notwithstanding any requirement that such draft, demand or
request bear any or adequate reference to the Letter of Credit; (iv) the identity or authority of any presenter or signer of any Drawing Document or the form, accuracy, genuineness or legal effect of any Drawing Document (other than
Lender’s determination that such Drawing Document appears on its face substantially to comply with the terms and conditions of the Letter of Credit); (v) acting upon any instruction or request relative to a Letter of Credit or requested
Letter of Credit that Lender in good faith believes to have been given by a Person authorized to give such instruction or request; (vi) any errors, omissions, interruptions or delays in transmission or delivery of any message, advice or
document (regardless of how sent or transmitted) or for errors in interpretation of technical terms or in translation or any delay in giving or failing to give notice to Borrowers; (vii) any acts, omissions or fraud by, or the insolvency of,
any beneficiary, any nominated person or entity or any other Person or any breach of contract between any beneficiary and any Borrower or any of the parties to the underlying transaction to which the

  
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Letter of Credit relates; (viii) assertion or waiver of any provision of the ISP or UCP 600 that primarily benefits an issuer of a letter of credit, including any requirement that any
Drawing Document be presented to it at a particular hour or place; (ix) payment to any paying or negotiating bank (designated or permitted by the terms of the applicable Letter of Credit) claiming that it rightfully honored or is entitled to
reimbursement or indemnity under Standard Letter of Credit Practice applicable to it; (x) acting or failing to act as required or permitted under Standard Letter of Credit Practice applicable to where Lender has issued, confirmed, advised or
negotiated such Letter of Credit, as the case may be; (xi) honor of a presentation after the expiration date of any Letter of Credit notwithstanding that a presentation was made prior to such expiration date and dishonored by Lender if
subsequently Lender or any court or other finder of fact determines such presentation should have been honored; (xii) dishonor of any presentation that does not strictly comply or that is fraudulent, forged or otherwise not entitled to honor;
or (xiii) honor of a presentation that is subsequently determined by Lender to have been made in violation of international, federal, state or local restrictions on the transaction of business with certain prohibited Persons. 

(j) Each Borrower acknowledges and agrees that any and all fees, charges, costs, or commissions in effect from time to time imposed by, and
any and all expenses incurred by, Lender, or by any adviser, confirming institution or entity or other nominated Person relating to Letters of Credit, at the time of issuance of any Letter of Credit and upon the occurrence of any other activity with
respect to any Letter of Credit (including transfers, assignment of proceeds, amendments, drawings, renewals or cancellations), shall be non-refundable Lender Expenses for purposes of this Agreement and shall be reimbursable immediately by Borrowers
to Lender. 
 (k) If by reason of (i) any change after the Closing Date in any applicable law, treaty, rule, or regulation or any
change in the interpretation or application thereof by any Governmental Authority, or (ii) compliance by Lender with any direction, request, or requirement (irrespective of whether having the force of law) of any Governmental Authority or
monetary authority including, Regulation D of the Board of Governors as from time to time in effect (and any successor thereto): (i) any reserve, deposit, or similar requirement is or shall be imposed or modified in respect of any Letter of
Credit issued or caused to be issued hereunder or hereby, or (ii) there shall be imposed on Lender any other condition regarding any Letter of Credit, and the result of the foregoing is to increase, directly or indirectly, the cost to Lender of
issuing, making, participating in, or maintaining any Letter of Credit or to reduce the amount receivable in respect thereof, then, and in any such case, Lender may, at any time within a reasonable period after the additional cost is incurred or the
amount received is reduced, notify Borrowers, and Borrowers shall pay within 30 days after demand therefor, such amounts as Lender may specify to be necessary to compensate Lender for such additional cost or reduced receipt, together with interest
on such amount from the date of such demand until payment in full thereof at the rate then applicable to Advances hereunder; provided, that (A) Borrowers shall not be required to provide any compensation pursuant to this
Section 2.13(k) for any such amounts incurred more than 180 days prior to the date on which the demand for payment of such amounts is first made to Borrowers, and (B) if an event or circumstance giving rise to such amounts is
retroactive, then the 180-day period referred to above shall be extended to include the period of retroactive effect thereof. The determination by Lender of any amount due pursuant to this Section 2.13(k), as set forth in a certificate
setting forth the calculation thereof in reasonable 

  
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detail, shall, in the absence of manifest or demonstrable error, be final and conclusive and binding on all of the parties hereto. 

(l) Unless otherwise expressly agreed by Lender and Borrowers, when a Letter of Credit is issued, (i) the rules of the ISP and UCP 600
shall apply to each standby Letter of Credit, and (ii) the rules of UCP 600 shall apply to each commercial Letter of Credit. 
 (m) In
the event of a direct conflict between the provisions of this Section 2.13 and any provision contained in any Letter of Credit Agreement, it is the intention of the parties hereto that such provisions be read together and construed, to
the fullest extent possible, to be in concert with each other. In the event of any actual, irreconcilable conflict that cannot be resolved as aforesaid, the terms and provisions of this Section 2.13 shall control and govern. 

2.14 Illegality; Impracticability; Increased Costs. In the event that (i) any change in market conditions or any law,
regulation, treaty, or directive, or any change therein or in the interpretation or application thereof make it unlawful or impractical for Lender to fund or maintain extensions of credit with interest based upon Daily Three Month LIBOR or to
continue such funding or maintaining, or to determine or charge interest rates based upon Daily Three Month LIBOR, (ii) Lender determines that by reasons affecting the London Interbank Eurodollar market, adequate and reasonable means do not
exist for ascertaining Daily Three Month LIBOR, or (iii) Lender reasonably determines that the interest rate based on the Daily Three Month LIBOR will not adequately and fairly reflect the cost to Lender of maintaining or funding Advances at
the interest rate based upon Daily Three Month LIBOR, Lender shall give notice of such changed circumstances to Borrowers and (i) interest on the principal amount of such extensions of credit thereafter shall accrue interest at a rate equal to
the Prime Rate plus 1% per annum, and (ii) Borrowers shall not be entitled to elect Daily Three Month LIBOR until Lender determines that it would no longer be unlawful or impractical to do so or that such increased costs would no longer be
applicable. 
 2.15 Capital Requirements. If, after the date hereof, Lender determines that (i) the adoption of or change
in any law, rule, regulation or guideline regarding capital or reserve requirements for lenders, banks or bank holding companies, or any change in the interpretation, implementation, or application thereof by any Governmental Authority charged with
the administration thereof, including those changes resulting from the enactment of the Dodd-Frank Wall Street Reform and Consumer Protection Act and Basel III, regardless of the date enacted, adopted or issued, or (ii) compliance by Lender or
its parent bank holding company with any guideline, request or directive of any such entity regarding capital adequacy (whether or not having the force of law), has the effect of reducing the return on Lender’s or such holding company’s
capital as a consequence of Lender’s loan commitments hereunder to a level below that which such Lender or such holding company could have achieved but for such adoption, change, or compliance (taking into consideration such Lender’s or
such holding company’s then existing policies with respect to capital adequacy and assuming the full utilization of such entity’s capital) by any amount deemed by Lender to be material, then Lender may notify Borrowers thereof. Following
receipt of such notice, Borrowers agree to pay Lender on demand the amount of such reduction on return of capital as and when such reduction is determined, payable within 60 days after presentation by Lender of a statement of the amount and setting
forth in reasonable detail Lender’s calculation thereof and the assumptions upon which such 

  
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calculation was based (which statement shall be deemed true and correct absent manifest or demonstrable error); provided, that Borrower shall not be obligated to pay any additional amount
pursuant to this Section 2.15 with respect to Taxes, the indemnification for which shall be governed solely and exclusively by Section 16. In determining such amount, Lender may use any reasonable averaging and attribution
methods. Failure or delay on the part of Lender to demand compensation pursuant to this Section shall not constitute a waiver of Lender’s right to demand such compensation; provided that Borrowers shall not be required to compensate Lender
pursuant to this Section for any reductions in return incurred more than 90 days prior to the date that Lender notifies Borrowers of such law, rule, regulation or guideline giving rise to such reductions and of Lender’s intention to claim
compensation therefor; provided further that if such claim arises by reason of the adoption of or change in any law, rule, regulation or guideline that is retroactive, then the 90-day period referred to above shall be extended to
include the period of retroactive effect thereof. 
 2.16 Extent of Each Borrower’s Liability, Contribution. 

(a) Joint and Several Liability. Each Borrower agrees that it is jointly and severally liable for, and absolutely and unconditionally
guarantees to Lender the prompt payment and performance of, all Obligations under this Agreement and all agreements under the Loan Documents. Each Borrower agrees that its guaranty obligations hereunder constitute a continuing guaranty of payment
and not of collection, that such obligations shall not be discharged until cash payment in full of the Obligations, and that such obligations are absolute and unconditional, irrespective of (i) the genuineness, validity, regularity,
enforceability, subordination or any future modification of, or change in, any Obligations or Loan Document, or any other document, instrument or agreement to which any Borrower is or may become a party or be bound; (ii) the absence of any
action to enforce this Agreement (including this Section) or any other Loan Document, or any waiver, consent or indulgence of any kind by Lender with respect thereto; (iii) the existence, value or condition of, or failure to perfect any of
Lender’s Liens or to preserve rights against, any security or guaranty for the Obligations or any action, or the absence of any action, by Lender in respect thereof (including the release of any security or guaranty); (iv) the insolvency
of any Borrower; (v) any election by Lender in an Insolvency Proceeding for the application of Section 1111(b)(2) of the Bankruptcy Code; (vi) any borrowing or grant of a Lien by any other Borrower, as debtor-in-possession under
Section 364 of the Bankruptcy Code or otherwise; (vii) the disallowance of any claims of Lender against any Borrower for the repayment of any Obligations under Section 502 of the Bankruptcy Code or otherwise; or (viii) any other
action or circumstances that might otherwise constitute a legal or equitable discharge or defense of a surety or guarantor, except cash payment in full of all Obligations. 

(b) Contribution. Each Borrower hereby agrees that it will not enforce any of its rights of contribution or subrogation against any
other Borrower with respect to any liability incurred by it hereunder or under any of the other Loan Documents, any payments made by it to Lender with respect to any of the Obligations or any collateral security therefor until such time as all of
the Obligations have been paid in full in cash. Any claim which any Borrower may have against any other Borrower with respect to any payments to Lender hereunder or under any of the Bank Product Agreements are hereby expressly made subordinate and
junior in right of payment, without limitation as to any increases in the Obligations arising hereunder or 

  
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thereunder, to the prior payment in full in cash of the Obligations and, in the event of any insolvency, bankruptcy, receivership, liquidation, reorganization or other similar proceeding under
the laws of any jurisdiction relating to any Borrower, its debts or its assets, whether voluntary or involuntary, all such Obligations shall be paid in full in cash before any payment or distribution of any character, whether in cash, securities or
other property, shall be made to any other Borrower therefor. 
 (c) No Limitation on Liability. Nothing contained in this
Section 2.16 shall limit the liability of any Borrower to pay extensions of credit made directly or indirectly to that Borrower (including revolving loans advanced to any other Borrower and then re-loaned or otherwise transferred to, or
for the benefit of, such Borrower), Obligations relating to Letters of Credit issued to support such Borrower’s business, and all accrued interest, fees, expenses and other related Obligations with respect thereto, for which such Borrower shall
be primarily liable for all purposes hereunder. Lender shall have the right, at any time in its reasonable discretion, to condition an extension of credit hereunder upon a separate calculation of borrowing availability for each Borrower and to
restrict the disbursement and use of such extensions of credit to such Borrower. 
  

	3.	SECURITY INTEREST. 

 3.1 Grant of Security Interest. Each
Loan Party hereby unconditionally grants, assigns, and pledges to Lender for the benefit of Lender and each Bank Product Provider, to secure payment and performance of the Obligations, a continuing security interest (hereinafter referred to as the
“Security Interest”) in all of such Loan Party’s right, title, and interest in and to the Collateral, as security for the payment and performance of all Obligations. Following request by Lender, each Loan Party shall grant
Lender a Lien and security interest in all Commercial Tort Claims that it may have against any Person. The Security Interest created hereby secures the payment and performance of the Obligations, whether now existing or arising hereafter. Without
limiting the generality of the foregoing, this Agreement secures the payment of all amounts which constitute part of the Obligations and would be owed by any Loan Party to Lender or any other Bank Product Provider, but for the fact that they are
unenforceable or not allowable (in whole or in part) as a claim in an Insolvency Proceeding involving any Borrower due to the existence of such Insolvency Proceeding. 

Notwithstanding anything contained in this Agreement or any other Loan Document to the contrary, the term “Collateral” shall not include:
(i) voting Stock of any CFC, solely to the extent that (y) such Stock represents more than 65% of the outstanding voting Stock of such CFC, and (z) pledging or hypothecating more than 65% of the total outstanding voting Stock of such
CFC would result in material adverse tax consequences; (ii) the Stock of Cleo Holding Corporation or Coupons, Inc.; (iii) any assets of Cleo Holding Corporation and Coupons, Inc.; or (iv) any rights or interest in any contract, lease,
permit, license, or license agreement covering real or personal property of any Borrower if under the terms of such contract, lease, permit, license, or license agreement, or applicable law with respect thereto, the grant of a security interest or
lien therein is prohibited as a matter of law or under the terms of such contract, lease, permit, license, or license agreement and such prohibition or restriction has not been waived or the consent of the other party to such contract, lease,
permit, license, or license agreement has not been obtained (provided, that, (A) the foregoing exclusions of this clause (ii) shall in no way 

  
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be construed (1) to apply to the extent that any described prohibition or restriction is unenforceable under Section 9-406, 9-407, 9-408, or 9-409 of the Code or other applicable law,
or (2) to apply to the extent that any consent or waiver has been obtained that would permit Lender’s security interest or lien notwithstanding the prohibition or restriction on the pledge of such contract, lease, permit, license, or
license agreement and (B) the foregoing exclusions of clauses (i) and (ii) shall in no way be construed to limit, impair, or otherwise affect any of Lender’s continuing security interests in and liens upon any rights or interests
of any Borrower in or to (1) monies due or to become due under or in connection with any described contract, lease, permit, license, license agreement, or Stock (including any Accounts or Stock), or (2) any proceeds from the sale, license,
lease, or other dispositions of any such contract, lease, permit, license, license agreement, or Stock); or (iii) any United States intent-to-use trademark applications to the extent that, and solely during the period in which, the grant of a
security interest therein would impair the validity or enforceability of such intent-to-use trademark applications under applicable federal law, provided that upon submission and acceptance by the PTO of an amendment to allege use pursuant to 15
U.S.C. Section 1060(a) (or any successor provision), such intent-to-use trademark application shall be considered Collateral (each of the foregoing, the “Excluded Collateral”). In addition, neither Cleo Holding Corporation nor
Coupons, Inc. shall be required to be Guarantor. 
 3.2 Borrowers Remain Liable. Anything herein to the contrary
notwithstanding, (a) Borrowers and each other Loan Party shall remain liable under the contracts and agreements included in the Collateral to perform all of the duties and obligations thereunder to the same extent as if this Agreement had not
been executed, (b) the exercise by Lender of any of the rights hereunder shall not release any Borrower or any other Loan Party from any of its duties or obligations under such contracts and agreements included in the Collateral, and
(c) Lender shall not have any obligation or liability under such contracts and agreements included in the Collateral by reason of this Agreement, nor shall Lender be obligated to perform any of the obligations or duties of any Borrower or any
other Loan Party thereunder or to take any action to collect or enforce any claim for payment assigned hereunder. 
 3.3 Assignment of
Insurance. As additional security for the Obligations, each Borrower and each other Loan Party hereby assigns to Lender for the benefit of Lender and each Bank Product Provider all rights of such Borrower and such Loan Party under every
policy of insurance covering the Collateral and all other assets and property of each Borrower and each other Loan Party (including, without limitation business interruption insurance and proceeds thereof) and all business records and other
documents relating to it, and all monies (including proceeds and refunds) that may be payable under any policy, and each Borrower and each other Loan Party hereby directs the issuer of each policy to pay all such monies directly and solely to
Lender. At any time upon the occurrence and during the continuation of an Event of Default, Lender may (but need not), in Lender’s or any Borrower’s or any other Loan Party’s name, execute and deliver proofs of claim, receive payment
of proceeds and endorse checks and other instruments representing payment of the policy of insurance, and adjust, litigate, compromise or release claims against the issuer of any policy. Any monies received under any insurance policy assigned to
Lender, other than liability insurance policies, or received as payment of any award or compensation for condemnation or taking by eminent domain, shall be paid to Lender and, as determined by Lender in its sole discretion, either be applied to
prepayment of the Obligations or disbursed to Borrowers under payment terms reasonably satisfactory to Lender for application to 

  
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the cost of repairs, replacements, or restorations of the affected Collateral or other property of the Borrower which shall be effected with reasonable promptness and shall be of a value at least
equal to the value of the items or property destroyed. 
 3.4 Financing Statements. Each Borrower and each other Loan Party
authorizes Lender to file financing statements describing Collateral to perfect Lender’s and each Bank Product Provider’s Security Interest in the Collateral, and Lender may describe the Collateral as “all personal property” or
“all assets” or describe specific items of Collateral including without limitation any Commercial Tort Claims. All financing statements filed before the date of this Agreement to perfect the Security Interest were authorized by such
Borrower and each other Loan Party and are hereby ratified. 
  

	4.	CONDITIONS. 

 4.1 Conditions Precedent to the Initial Extension of
Credit. The obligation of Lender to make the initial extension of credit provided for hereunder is subject to the fulfillment, to the satisfaction of Lender, of each of the conditions precedent set forth on Exhibit B. 

4.2 Conditions Precedent to all Extensions of Credit. The obligation of Lender to make any Advances hereunder (or to extend any
other credit hereunder) at any time shall be subject to the following conditions precedent: 
 (a) the representations and warranties of
each Borrower and each other Loan Party or its Subsidiaries contained in this Agreement or in the other Loan Documents shall be true and correct in all material respects (except that such materiality qualifier shall not be applicable to any
representations and warranties that already are qualified or modified by materiality in the text thereof) on and as of the date of such extension of credit, as though made on and as of such date (except to the extent that such representations and
warranties relate solely to an earlier date, in which case such representations and warranties shall continue to be true and correct as of such earlier date); and 

(b) no Default or Event of Default shall have occurred and be continuing on the date of such extension of credit, nor shall either result from
the making thereof. 
 Any request for an extension of credit shall be deemed to be a representation by each Borrower and each other Loan Party that the
statements set forth in this Section 4.2 are correct as of the time of such request and if such extension of credit is a request for an Advance or a Letter of Credit, sufficient Availability exists for such Advance or Letter of Credit
pursuant to Section 2.1(a) and Section 2.13. 
 4.3 Conditions Subsequent. The obligation of Lender to
continue to make Advances (or otherwise extend credit hereunder) is subject to the fulfillment, on or before the date applicable thereto, of the conditions subsequent set forth on Exhibit C (the failure by any Borrower or any other Loan Party
to so perform or cause to be performed such conditions subsequent as and when required by the terms thereof, unless extended or otherwise waived in writing by Lender (in Lender’s sole discretion), shall constitute an Event of Default). 

  
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	5.	REPRESENTATIONS AND WARRANTIES. 

 In order to induce Lender to enter into
this Agreement, each Borrower and each other Loan Party makes the representations and warranties to Lender set forth on Exhibit D. Each of such representations and warranties shall be true, correct, and complete, in all material respects
(except that such materiality qualifier shall not be applicable to any representations and warranties that already are qualified or modified by materiality in the text thereof), as of the Closing Date, and shall be true, correct, and complete, in
all material respects (except that such materiality qualifier shall not be applicable to any representations and warranties that already are qualified or modified by materiality in the text thereof), as of the date of the making of each Advance or
other extension of credit made thereafter, as though made on and as of the date of such Advance or other extension of credit (except to the extent that such representations and warranties relate solely to an earlier date in which case such
representations and warranties shall continue to be true and correct as of such earlier date) and such representations and warranties shall survive the execution and delivery of this Agreement. 

 

	6.	AFFIRMATIVE COVENANTS. 

 Each Borrower and each other Loan Party covenants
and agrees that, until termination of all of the commitments of Lender hereunder to provide any further extensions of credit and payment in full of the Obligations, each Borrower and each other Loan Party shall and shall cause their respective
Subsidiaries to comply with each of the following: 
 6.1 Financial Statements, Reports, Certificates. Deliver to Lender
copies of each of the financial statements, reports, and other items set forth on Schedule 6.1 no later than the times specified therein (or such later times agreed to by Lender in writing in Lender’s sole discretion). In addition, each
Borrower agrees that no Subsidiary of a Borrower will have a fiscal year different from that of Borrowers. Each Borrower agrees to maintain a system of accounting that enables such Borrower to produce financial statements in accordance with GAAP.
Each Loan Party shall also (a) keep a reporting system that shows all additions, sales, claims, returns, and allowances with respect to the sales of such Loan Party and its Subsidiaries, and (b) maintain its billing systems/practices
substantially as in effect as of the Closing Date and shall only make material modifications following prior notice to Lender. 
 6.2
Collateral Reporting. Provide Lender with each of the reports set forth on Schedule 6.2 at the times specified therein (or such later times agreed to by Lender in writing in Lender’s sole discretion). In addition, each
Borrower agrees to use commercially reasonable efforts in cooperation with Lender to facilitate and implement a system of electronic collateral reporting in order to provide electronic reporting of each of the items set forth on such Schedule. 

6.3 Existence. Except as otherwise permitted under Section 7.3 or Section 7.4, at all times
maintain and preserve in full force and effect (a) its existence (including being in good standing in its jurisdiction of organization) and (b) all rights and franchises, licenses and permits material to its business; provided,
however, that no Loan Party nor any of its Subsidiaries shall be required to preserve any such right or franchise, licenses or permits if such Person shall determine that the preservation thereof is no longer desirable in the conduct of the
business of such Person, and that the loss thereof is not disadvantageous in any material respect to such 

  
 17 

 
Person or to the Lender; provided that Borrowers deliver at least ten (10) days prior written notice to Lender of the election of such Loan Party or such Subsidiary not to preserve any such
right or franchise, license or permit. 
 6.4 Maintenance of Properties. Maintain and preserve all of its assets that are
necessary or useful in the proper conduct of its business in good working order and condition, ordinary wear, tear and casualty excepted and Permitted Dispositions excepted (and except where the failure to so maintain and preserve such assets could
not reasonably be expected to result in a Material Adverse Change), and comply with the material provisions of all material leases to which it is a party as lessee, so as to prevent the loss or forfeiture thereof, unless such provisions are the
subject of a Permitted Protest. 
 6.5 Taxes. 

(a) Cause all assessments and taxes imposed, levied, or assessed against any Loan Party or its Subsidiaries, or any of their respective assets
or in respect of any of its income, businesses, or franchises to be paid in full, before delinquency or before the expiration of any extension period, except (i) for assessments and taxes that do not exceed $25,000 in the aggregate outstanding
at any time or (ii) to the extent that the validity of such assessment or tax shall be the subject of a Permitted Protest, and so long as in the case of an assessment or tax that has or may become a Lien against any of the Collateral,
(x) such contest proceedings conclusively operate to stay the sale of any portion of the Collateral to satisfy such assessment or tax, and (y) any such other Lien is at all times subordinate to Lender’s Liens. 

(b) Make timely payment or deposit of all tax payments and withholding taxes required of it and them by applicable laws, including those laws
concerning F.I.C.A., F.U.T.A., state disability, and local, state, and federal income taxes, except for tax payments and withholding taxes that do not exceed $25,000 in the aggregate outstanding at any time, and Borrowers will, upon request, furnish
Lender with proof reasonably satisfactory to Lender indicating that such Loan Party and its Subsidiaries have made such payments or deposits. 

6.6 Insurance. At Borrowers’ expense, maintain insurance with respect to the assets of each Loan Party and each of its
Subsidiaries wherever located, covering liabilities, losses or damages as are customarily insured against by other Persons engaged in the same or similar businesses. Borrowers also shall maintain, with respect to each Loan Party and each of its
Subsidiaries, business interruption insurance, general liability insurance, director’s and officer’s liability insurance, fiduciary liability insurance, foreign accounts receivable insurance, and employment practices liability insurance,
as well as insurance against larceny, embezzlement, and criminal misappropriation. All such policies of insurance shall be with financially sound and reputable insurance companies reasonably acceptable to Lender and in such amounts as is carried
generally in accordance with sound business practice by companies in similar businesses similarly situated and located and in any event in amount, adequacy and scope reasonably satisfactory to Lender. All property insurance policies covering the
Collateral are to be made payable to Lender for the benefit of Lender, as its interests may appear, in case of loss, pursuant to a lender loss payable endorsement reasonably acceptable to Lender and are to contain such other provisions as Lender may
reasonably require to protect the Lender’s interest in the Collateral and to any payments to be made under such policies. Such evidence of property and 

  
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general liability insurance shall be delivered to Lender, with the lender loss payable endorsements (but only in respect of Collateral) and additional insured endorsements (with respect to
general liability coverage) in favor of Lender and shall provide for not less than 15 days (10 days in the case of non-payment) prior written notice to Lender of the exercise of any right of cancellation. If Borrowers fail to maintain such
insurance, Lender may arrange for such insurance, but at Borrowers’ expense and without any responsibility on Lender’s part for obtaining the insurance, the solvency of the insurance companies, the adequacy of the coverage, or the
collection of claims. Borrowers shall give Lender prompt notice of any loss exceeding $100,000 individually, or $500,000 in the aggregate, covered by their casualty or business interruption insurance. Upon the occurrence and during the continuation
of an Event of Default, Lender shall have the sole right to file claims under any property and general liability insurance policies in respect of the Collateral, to receive and give acquittance for any payments that may be payable thereunder, and to
execute any and all endorsements, receipts, releases, assignments, reassignments or other documents that may be necessary to effect the collection, compromise or settlement of any claims under any such insurance policies. 

6.7 Inspections, Exams, Collateral Exams and Appraisals. Subject in all respects to Schedule 2.12, permit Lender and each
of Lender’s duly authorized representatives to visit any of its properties and inspect any of its assets or books and records, to conduct inspections, exams and appraisals of the Collateral, to examine and make copies of its books and records,
and to discuss its affairs, finances, and accounts with, and to be advised as to the same by, its officers and employees at such reasonable times and intervals as Lender may designate and, so long as no Default or Event of Default exists, with
reasonable prior notice to Borrowers. 
 6.8 Account Verification. Permit Lender, in Lender’s name or in the name of a
nominee of Lender, to verify the validity, amount or any other matter relating to any Account, by mail, telephone, facsimile transmission or otherwise; provided that so long as no Event of Default exists, Lender shall conduct any such
verification only to the extent (i) in connection with the inspections, exams and appraisals permitted pursuant to Section 6.7, or (ii) Lender has provided Borrowers with prior written notice of its intention to conduct such
verification. Further, promptly following the written request of Lender, Borrowers shall send requests for verification of Accounts or send notices of assignment of Accounts to Account Debtors and other obligors. 

6.9 Compliance with Laws. Comply with the requirements of all applicable laws, rules, regulations, and orders of any
Governmental Authority, other than laws, rules, regulations, and orders the non-compliance with which, individually or in the aggregate, could not reasonably be expected to result in a Material Adverse Change. 

6.10 [Intentionally Omitted] 

6.11 Disclosure Updates. 

(a) Promptly, and in no event later than 15 Business Days after obtaining knowledge thereof, notify Lender: 

  
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 (i) if any written information, exhibit, or report furnished to Lender contained, at the time it
was furnished, any untrue statement of a material fact or omitted to state any material fact necessary to make the statements contained therein not misleading in light of the circumstances in which made. Any notification pursuant to the foregoing
provision will not cure or remedy the effect of the prior untrue statement of a material fact or omission of any material fact nor shall any such notification have the effect of amending or modifying this Agreement or any of the Schedules hereto;

 (ii) of all actions, suits, or proceedings brought by or against any Loan Party or any of its Subsidiaries before any court or
Governmental Authority which reasonably could be expected to result in a Material Adverse Change, provided that, in any event, such notification shall not be later than 5 days after service of process with respect thereto on any Loan Party or
any of its Subsidiaries; 
 (iii) of any disputes or claims by any Borrower’s customers relating to the Accounts exceeding $100,000
individually during any fiscal year; 
 (iv) of any loss or damage to any Collateral or any substantial adverse change in the Collateral,
in each case having a value (prior to such loss, damage, or adverse change) of at least $100,000 individually; or 
 (v) of a violation of
any law, rule or regulation, the non-compliance with which reasonably could be expected to result in a Material Adverse Change; provided that the Loan Parties shall not be required to disclose to Lender any attorney-client privileged communication.

 (b) Promptly following knowledge thereof, notify Lender of any event or condition which constitutes a Default or an Event of Default and
provide a statement of the action that such Borrower proposes to take with respect to such Default or Event of Default. 
 (c) Promptly
following the written request of Lender, each Loan Party shall deliver to Lender any other materials, reports, records or information reasonably requested relating to the operations, business affairs, financial condition of any Loan Party or its
Subsidiaries or the Collateral. 
 6.12 Collateral Covenants. 

(a) Possession of Collateral. In the event that any Collateral, including Proceeds, is evidenced by or consists of Negotiable
Collateral, Investment Related Property, or Chattel Paper, in each case, having an aggregate value or face amount that equals or exceeds $100,000, individually, or $500,000, in the aggregate, for all such Negotiable Collateral, Investment Related
Property, or Chattel Paper, the Loan Parties shall promptly (and in any event within 10 days after receipt thereof), notify Lender thereof, and if and to the extent that perfection or priority of Lender’s Liens is dependent on or enhanced by
possession, the applicable Loan Party, promptly (and in any event within 10 days) after written request by Lender, shall execute such other documents and instruments as shall be reasonably requested by Lender or, if applicable and requested in
writing by Lender, endorse and deliver physical possession of such Negotiable Collateral, Investment Related Property, or Chattel Paper to 

  
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Lender, together with such undated powers (or other relevant document of assignment or transfer reasonably acceptable to Lender) endorsed in blank as shall be requested by Lender, and shall do
such other acts or things deemed reasonably necessary by Lender to perfect and protect Lender’s Liens therein. 
 (b) Chattel
Paper. 
 (i) Promptly (and in any event within 10 days) after written request by Lender, each Loan Party shall take all steps
reasonably necessary to grant Lender control of all electronic Chattel Paper of any Loan Party in accordance with the Code and all “transferable records” as that term is defined in Section 16 of the Uniform Electronic Transaction Act
and Section 201 of the federal Electronic Signatures in Global and National Commerce Act as in effect in any relevant jurisdiction, to the extent that the value or face amount of such electronic Chattel Paper equals or exceeds $100,000,
individually, or $500,000, in the aggregate; and 
 (ii) If any Loan Party retains possession of any Chattel Paper or instruments (which
retention of possession shall be subject to the extent permitted hereby), promptly upon the written request of Lender, such Chattel Paper and instruments shall be marked with the following legend: “This writing and the obligations evidenced or
secured hereby are subject to the Security Interest of Wells Fargo Bank, National Association, as Lender”. 
 (c) Control
Agreements. 
 (i) Except to the extent otherwise provided by Section 7.11, each Loan Party shall obtain a Control
Agreement, from each bank (other than Lender) maintaining a Deposit Account for such Loan Party; 
 (ii) Except to the extent otherwise
provided by Section 7.11, each Loan Party shall obtain a Control Agreement, from each issuer of uncertificated securities, securities intermediary, or commodities intermediary issuing or holding any financial assets or commodities to or
for any Loan Party; and 
 (iii) Except to the extent otherwise provided by Section 7.11, each Loan Party shall cause Lender to
obtain “control”, as such term is defined in the Code, with respect to all of such Loan Party investment property. 
 (d)
Letter-of-Credit Rights. If the Loan Parties (or any of them) are or become the beneficiary of letters of credit having a face amount or value that equals or exceeds $50,000, individually, or $200,000, in the aggregate, then the applicable
Loan Party or Loan Parties shall promptly (and in any event within 10 days after becoming a beneficiary), notify Lender thereof and, promptly (and in any event within 10 days) after written request by Lender, use commercially reasonable efforts to
enter into a tri-party agreement with Lender and the issuer or confirming bank with respect to letter-of-credit rights assigning such letter-of-credit rights to Lender and directing all payments thereunder to the Collection Account unless otherwise
directed by Lender, all in form and substance reasonably satisfactory to Lender. 
 (e) Commercial Tort Claims. If the Loan Parties
(or any of them) obtain Commercial Tort Claims having a value, or involving an asserted claim, in an amount that equals 

  
 21 

 
or exceeds $100,000, individually, or $500,000, in the aggregate, then the applicable Loan Party or Loan Parties shall promptly (and in any event within 10 days of obtaining such Commercial Tort
Claim), notify Lender promptly following incurring or otherwise obtaining such Commercial Tort Claims and, promptly (and in any event within 10 days) after request by Lender, amend Schedule 5.6(d) to the Information Certificate to describe
such Commercial Tort Claims in a manner that reasonably identifies such Commercial Tort Claims and which is otherwise reasonably satisfactory to Lender, and hereby authorizes the filing of additional financing statements or amendments to existing
financing statements describing such Commercial Tort Claims, and agrees to do such other acts or things deemed reasonably necessary by Lender to give Lender a first priority, perfected security interest in any such Commercial Tort Claim, which
Commercial Tort Claim shall not be subject to any other Liens (other than Permitted Liens); 
 (f) Government Contracts. Other than
Accounts and Chattel Paper the value of which does not at any one time exceed $100,000, individually, or $500,000, in the aggregate, if any Account or Chattel Paper of any Loan Party arises out of a contract or contracts with the United States of
America or any State or any department, agency, or instrumentality thereof, Loan Parties shall promptly (and in any event within 10 days of the creation thereof) notify Lender thereof and, promptly (and in any event within 10 days) after written
request by Lender, execute any instruments or take any steps reasonably required by Lender in order that all moneys due or to become due under such contract or contracts shall be assigned to Lender, for the benefit of Lender and each Bank Product
Provider, and shall provide written notice thereof under the Assignment of Claims Act or other applicable law. 
 (g) Intellectual
Property. 
 (i) Promptly following the written request of Lender, in order to facilitate filings with the PTO and the United States
Copyright Office, each Loan Party shall execute and deliver to Lender one or more Copyright Security Agreements or Patent and Trademark Security Agreements to further evidence Lender’s Lien on such Loan Party’s Patents, Trademarks, or
Copyrights, and the General Intangibles of such Loan Party relating thereto or represented thereby; 
 (ii) Each Loan Party shall have the
duty, with respect to Intellectual Property that is known by Loan Party to be necessary in the conduct of such Loan Party’s business, to protect and diligently enforce and defend at such Loan Party’s expense its Intellectual Property,
solely to the extent that Loan Party has the ability and authority to exercise such enforcement and defense right as an owner of the Intellectual Property or as an exclusive licensee where the Loan Party is the Specified Party under an Intellectual
Property License, including (A) to diligently enforce and defend, including promptly suing for infringement, misappropriation, or dilution and to recover any and all damages for such infringement, misappropriation, or dilution, and filing for
opposition, interference, and cancellation against conflicting Intellectual Property rights of any Person, (B) to prosecute diligently any trademark application or service mark application that is part of the Trademarks pending as of the date
hereof or hereafter (unless Loan Party determines that not prosecuting any such application would not result in a Material Adverse Change), (C) to prosecute diligently any patent application that is part of the Patents pending as of the date
hereof or hereafter (unless such Loan 

  
 22 

 
Party reasonably determines that not prosecuting any such application would not result in a Material Adverse Change), (D) to take all reasonable and necessary action to preserve and maintain
all of such Loan Party’s Trademarks, Patents, Copyrights, Intellectual Property Licenses, and its rights therein, including paying all maintenance fees and filing of applications for renewal, affidavits of use, and affidavits of
noncontestability with respect to any Trademarks and Patents that are registered with a Governmental Authority (unless such Loan Party reasonably determines that not taking any such action would not result in a Material Adverse Change), and
(E) to require all employees, consultants, and contractors of each Loan Party who were involved in the creation or development of any Intellectual Property that is to be owned by Loan Party to sign agreements containing assignment to such Loan
Party of Intellectual Property rights created or developed and customary obligations of confidentiality. No Loan Party shall abandon any Intellectual Property or Intellectual Property License that Loan Party determines is reasonably necessary in the
conduct of such Loan Party’s business (unless such abandonment would not result in a Material Adverse Change). Each Loan Party shall take the steps described in this Section 6.12(g)(ii) with respect to all new or acquired Intellectual
Property to which it or any of its Subsidiaries is now or later becomes entitled that Loan Party determines is reasonably necessary in the conduct of such Loan Party’s or Subsidiary’s business; 

(iii) Each Loan Party acknowledges and agrees that Lender shall have no duties with respect to any Intellectual Property or Intellectual
Property Licenses of any Loan Party. Without limiting the generality of this Section 6.12(g)(iii), each Loan Party acknowledges and agrees that Lender shall not be under any obligation to take any steps necessary to preserve rights in
the Collateral consisting of Intellectual Property or Intellectual Property Licenses against any other Person, but Lender may do so at its option from and after the occurrence and during the continuance of an Event of Default, and all expenses
incurred in connection therewith (including reasonable fees and expenses of attorneys and other professionals) shall be for the sole account of Loan Party and shall be chargeable to the Loan Account; 

(iv) Within 30 days after Lender’s request, each Loan Party shall promptly file an application with the United States Copyright Office
for any Copyright that has not been registered with the United States Copyright Office if such Copyright is necessary in connection with the conduct of such Loan Party’s business. Any expenses incurred in connection with the foregoing shall be
borne by the Loan Parties; and 
 (v) No Loan Party shall enter into any Intellectual Property License, to the extent constituting a
Material Contract, to receive any license or rights in any Intellectual Property of any other Person unless such Loan Party has used commercially reasonable efforts to permit the assignment of or grant of a Lien in such Intellectual Property License
(and all rights of such Loan Party thereunder) to Lender (and any transferees of Lender). 
 (h) Investment Related Property. 

(i) Upon the occurrence and during the continuance of an Event of Default, following the written request of Lender, all sums of money and
property paid or distributed in respect of the Investment Related Property that are received by any Loan Party shall be held by such Loan Party in trust for the benefit of Lender segregated from such Loan

  
 23 

 
Party’s other property, and such Loan Party shall deliver it promptly to Lender in the exact form received; and 

(ii) Each Loan Party shall cooperate with Lender in obtaining all necessary approvals and making all necessary filings under federal, state,
local, or foreign law to effect the perfection of the Security Interest on the Investment Related Property or to effect any sale or transfer thereof. 

(i) Controlled Accounts. 

(i) Within 150 days following the Closing Date (or such later period of time as agreed in writing by Lender in Lender’s sole discretion)
(the “Cash Management Transition Period”), each Loan Party shall establish and maintain at Lender all Cash Management Services, including all deposit accounts and lockbox services. Such Cash Management Services maintained by each
Loan Party shall be of a type and on terms reasonably satisfactory to Lender; 
 (ii) Until such time as the Loan Parties have established
all of their Cash Management Services with Lender, during the Cash Management Transition Period each Loan Party shall maintain Cash Management Services of a type and on terms reasonably satisfactory to Lender at one or more of the banks set forth on
Schedule 6.12(j) to the Information Certificate (each a “Controlled Account Bank”), and shall take reasonable steps to ensure that all of the Account Debtors of each Loan Party and each of its Subsidiaries forward payment of
the amounts owed by them directly to such Controlled Account Bank, and (B) promptly deposit or cause to be deposited promptly, and in any event no later than five (5) Business Days after the date of receipt thereof, all of their
Collections to the extent received by a Loan Party (including those sent directly by their Account Debtors to a Loan Party or to a Subsidiary of a Loan Party) into a bank account of such Loan Party (each, a “Controlled Account”) at
one of the Controlled Account Banks; and 
 (iii) During the Cash Management Transition Period, each Loan Party shall maintain Control
Agreements with the applicable Controlled Account Bank, in form and substance reasonably acceptable to Lender, except with respect to any Excluded Accounts. Each such Control Agreement shall provide, among other things, that (A) the Controlled
Account Bank will comply with any instructions originated by Lender directing the disposition of the collected funds in such Controlled Account without further consent by the applicable Loan Party, (B) the Controlled Account Bank waives,
subordinates, or agrees not to exercise any rights of setoff or recoupment or any other claim against the applicable Controlled Account other than for payment of its service fees and other charges directly related to the administration of such
Controlled Account and for returned checks or other items of payment, and (C) the Controlled Account Bank will forward, by daily standing wire transfer, all amounts in the applicable Controlled Account to the Collection Account or such other
account as directed by Lender. 
 (j) Deposit Accounts. Unless Lender agrees otherwise in writing, each Loan Party agrees not to
withdraw any funds from any Deposit Account pledged to Lender pursuant to this Agreement except for the Designated Account and any Deposit Accounts, including, without limitation, those identified on Schedule 5.15 to the Information
Certificate which are specifically 

  
 24 

 
and exclusively used for (i) payroll, payroll taxes and other employee wage and benefit payments to or for employees of any Borrower or any Loan Party or any of their respective
Subsidiaries, and (ii) petty cash accounts, amounts on deposit in which do not exceed $100,000 in the aggregate at any one time (collectively, the “Excluded Accounts”). 

6.13 Material Contracts. As soon available upon the delivery of each Compliance Certificate pursuant to Section 6.1
(but in any event within 5 Business Days thereafter), provide Lender with copies of (a) each Material Contract entered into since the delivery of the previous Compliance Certificate, (b) each material amendment or modification of any
Material Contract entered into since the delivery of the previous Compliance Certificate, and (c) at the request of Lender, a “no-offset” letter in form and substance reasonably acceptable to Lender from each customer of a Borrower
which is a party to any Material Contract. Borrowers shall maintain all Material Contracts in full force and effect and shall not default in the payment or performance of any obligations thereunder. 

6.14 Location of Equipment and Books. Keep the Equipment (other than vehicles, Equipment out for repair, and Equipment in
transit to another location identified on Schedule 5.29 to the Information Certificate) and Books of each Loan Party and each of its Subsidiaries only at the locations identified on Schedule 5.29 to the Information Certificate and keep
the chief executive office of each Loan Party and each of its Subsidiaries only at the locations identified on Schedule 5.6(b) to the Information Certificate; provided, however, that Borrowers may amend Schedule 5.29 to the
Information Certificate so long as such amendment occurs by written notice to Lender not less than 15 Business Days following the date on which such Equipment or Books are moved to such new location not previously identified on Schedule 5.29
to the Information Certificate, and so long as, for a period of 30 Business Days following such written notification, the applicable Loan Party or Subsidiary uses commercially reasonable efforts to provide Lender a Collateral Access Agreement
with respect thereto if such location is not owned by such Loan Party. 
 6.15 Formation of Subsidiaries. At the time that any
Loan Party forms any direct or indirect Subsidiary or acquires any direct or indirect Subsidiary after the Closing Date, such Loan Party shall (a) within 10 Business Days of such formation or acquisition (or such later date as permitted by
Lender in its sole discretion) cause any such new Subsidiary to provide to Lender a joinder to this Agreement and such other Loan Documents as reasonably required by Lender, together with such other security documents, as well as appropriate
financing statements (and with respect to all property subject to a mortgage, fixture filings) as may be reasonably necessary to perfect the security interests created by the Loan Documents, all in form and substance reasonably satisfactory to
Lender (including being sufficient to grant Lender a first priority Lien (subject to Permitted Liens) in and to the assets of such newly formed or acquired Subsidiary); provided that a guaranty and security documents shall not be required to be
provided to Lender with respect to any Subsidiary of Borrower that is a CFC if providing such documents would result in adverse tax consequences or the costs to the Loan Parties of providing such guaranty or security documents are unreasonably
excessive (as determined by Lender in consultation with Borrowers) in relation to the benefits of Lender of the security or guarantee afforded thereby, (b) within 10 Business Days of such formation or acquisition (or such later date as
permitted by Lender in its sole discretion) provide to Lender a pledge agreement and appropriate certificates and powers or financing statements, pledging all of the direct or beneficial ownership interest in

  
 25 

 
such new Subsidiary reasonably satisfactory to Lender; provided that only 65% of the total outstanding voting Stock of any first tier Subsidiary of a Borrower that is a CFC (and none of the Stock
of any Subsidiary of such CFC) shall be required to be pledged if pledging a greater amount would result in adverse tax consequences or the costs to the Loan Parties of providing such pledge or perfecting the security interests created thereby are
unreasonably excessive (as determined by Lender in consultation with Borrowers) in relation to the benefits of Lender of the security or guarantee afforded thereby (which pledge, if reasonably requested by Lender, shall be governed by the laws of
the jurisdiction of such Subsidiary), and (c) within 10 Business Days of such formation or acquisition (or such later date as permitted by Lender in its sole discretion) provide to Lender all other documentation, including one or more opinions
of counsel reasonably satisfactory to Lender, which in its opinion is reasonably appropriate with respect to the execution and delivery of the applicable documentation referred to above. Any document, agreement, or instrument executed or issued
pursuant to this Section 6.15 shall be a Loan Document. 
 6.16 Further Assurances. 

(a) At any time promptly following the reasonable written request of Lender, execute or deliver to Lender any and all financing statements,
fixture filings, security agreements, pledges, assignments, endorsements of certificates of title, mortgages, deeds of trust, opinions of counsel, and all other documents (the “Additional Documents”) that Lender may reasonably
request and in form and substance reasonably satisfactory to Lender, to create, perfect, and continue perfection of Lender’s Liens in all of the assets (except for any Excluded Collateral) of each Loan Party (whether now owned or hereafter
arising or acquired, tangible or intangible, real or personal), and in order to fully consummate all of the transactions contemplated hereby and under the other Loan Documents; provided that the foregoing shall not apply to any Loan Party
that is a CFC if providing such documents would result in adverse tax consequences or the costs to the Loan Parties of providing such documents are unreasonably excessive (as determined by Lender in consultation with such Loan Party) in relation to
the benefits to Lender afforded thereby. To the maximum extent permitted by applicable law, if a Borrower or any other Loan Party refuses or fails to execute or deliver any reasonably requested Additional Documents within a reasonable period of
time, not to exceed 60 days following the written request to do so, such Borrower and such other Loan Party hereby authorizes Lender to execute any such Additional Documents in the applicable Loan Party’s name, as applicable, and authorizes
Lender to file such executed Additional Documents in any reasonably appropriate filing office. In furtherance and not in limitation of the foregoing, each Loan Party shall take such actions as Lender may reasonably request from time to time to
ensure that the Obligations are guaranteed by the Guarantors and are secured by substantially all of the assets of each Borrower and each other Loan Party and all of the outstanding capital Stock of each Loan Party (other than Borrower), subject to
exceptions and limitations contained in the Loan Documents. 
 (b) Each Borrower and each other Loan Party authorizes the filing by Lender
of financing or continuation statements, or amendments thereto, each to the extent which are reasonably necessary to perfect Lender’s and each Bank Product Provider’s Security Interest in the Collateral, and such Loan Party will execute
and deliver to Lender such other instruments or notices, as Lender may reasonably request, in order to perfect and preserve the Security Interest granted or purported to be granted hereby. 

  
 26 

 (c) Each Borrower and each other Loan Party authorizes Lender at any time and from time to time
to file, transmit, or communicate, as applicable, financing statements and amendments (i) describing the Collateral as “all personal property of debtor” or “all assets of debtor” or words of similar effect,
(ii) describing the Collateral as being of equal or lesser scope or with greater detail, or (iii) that contain any information required by Part 5 of Article 9 of the Code for the sufficiency or filing office acceptance of such financing
statement. Each Borrower and each other Loan Party also hereby ratifies any and all financing statements or amendments previously filed by Lender in any jurisdiction. 

(d) Each Borrower and each other Loan Party acknowledges that no Loan Party is authorized to file any financing statement or amendment or
termination statement with respect to any financing statement filed in connection with this Agreement without the prior written consent of Lender, subject to such Loan Party’s rights under Section 9-509(d)(2) of the Code. 

 

	7.	NEGATIVE COVENANTS. 

 Each Loan Party covenants and agrees that, until
termination of all of the commitments of Lender hereunder to provide any further extensions of credit and payment in full of the Obligations, no Borrower and no other Loan Party will do, nor will any Borrower or any other Loan party permit any of
its Subsidiaries to do any of the following: 
 7.1 Indebtedness. Create, incur, assume, suffer to exist, guarantee, or
otherwise become or remain, directly or indirectly, liable with respect to any Indebtedness, except for Permitted Indebtedness. 
 7.2
Liens. Create, incur, assume, or suffer to exist, directly or indirectly, any Lien on or with respect to any of its assets, of any kind, whether now owned or hereafter acquired, or any income or profits therefrom, except for Permitted
Liens. 
 7.3 Restrictions on Fundamental Changes. 

(a) Other than in order to consummate a Permitted Acquisition, enter into any merger, consolidation, reorganization, or recapitalization, or
reclassify its Stock, except for (i) any merger between Loan Parties, or any of their respective Subsidiaries, provided that a Borrower must be the surviving entity of any such merger to which it is a party, and a Guarantor must be the
surviving entity of any such merger with another Subsidiary (that is not a Borrower), and (ii) any merger between Subsidiaries of a Borrower that are not Loan Parties. 

(b) Liquidate, wind up, or dissolve itself (or suffer any liquidation or dissolution), except for (i) the liquidation or dissolution of
non-operating Subsidiaries of any Loan Party with nominal assets and nominal liabilities, (ii) the liquidation or dissolution of a Loan Party (other than a Borrower) or any of its wholly-owned Subsidiaries so long as all of the assets
(including any interest in any Stock) of such liquidating or dissolving Loan Party or Subsidiary are transferred to a Loan Party that is not liquidating or dissolving, or (iii) the liquidation or dissolution of a Subsidiary of a Loan Party that
is not a Loan Party (other than any such Subsidiary the Stock of which (or any portion thereof) is subject to a Lien in favor of 

  
 27 

 
Lender) so long as all of the assets of such liquidating or dissolving Subsidiary are transferred to a Subsidiary of a Borrower that is not liquidating or dissolving. 

(c) Suspend or cease operation of a substantial portion of its or their business, except as permitted pursuant to Sections 7.3(a) or
(b) above or in connection with the transactions permitted pursuant to Section 7.4. 
 (d) Other than in order to
consummate a Permitted Acquisition, form or acquire any direct or indirect Subsidiary. 
 7.4 Disposal of Assets. Other than
Permitted Dispositions or transactions expressly permitted by Sections 7.3 or 7.12, sell, assign (by operation of law or otherwise) or otherwise dispose of, or grant any option with respect to, any of the Collateral or any other asset
except as expressly permitted by this Agreement. Lender shall not be deemed to have consented to any sale or other disposition of any of the Collateral or any other asset except as expressly permitted in this Agreement or the other Loan Documents.

 7.5 Change Name. Change the name, organizational identification number, state of organization, organizational identity or
“location” for purposes of Section 9-307 of the Code of any Loan Party or any of its Subsidiaries without providing not less than 15 days prior written notice to Lender. 

7.6 Nature of Business. Make any change in the nature of its or their business as conducted or proposed to be conducted on the
date of this Agreement or acquire any properties or assets that are not reasonably related to the conduct of such business activities; provided, however, that the foregoing shall not prevent any Borrower or any other Loan Party or any
of their Subsidiaries from engaging in any business that is reasonably related or ancillary to its business. 
 7.7 Prepayments and
Amendments. 
 (a) Except in connection with Refinancing Indebtedness permitted by Section 7.1, 

(i) optionally prepay (whether partially or fully), redeem, defease, purchase, or otherwise acquire all or any part of any Indebtedness of
any Loan Party or any of its Subsidiaries, other than (A) the Obligations in accordance with this Agreement or a Bank Product Agreement, and (B) Permitted Intercompany Advances; 

(ii) make any payment of any Indebtedness (other than the Obligations) if, after giving effect to any such payment, any Default or Event of
Default has occurred and is continuing or would result therefrom; 
 (iii) make any payment on account of Indebtedness that has been
contractually subordinated in right of payment to the Obligations if such payment is not permitted at such time under the subordination terms and conditions; or 

  
 28 

 (iv) make any payment with respect to the Investor Debt (x) if a Default or Event of
Default is existing prior to any such payment, or a Default or Event of Default would result from any such payment, and (y) unless Borrowers have provided Lender with written notice of any such proposed payment at least three (3) Business
Days prior to any such payment together with such information that Lender may reasonably request to confirm that clause (x) of this paragraph will be satisfied, or 

(b) Directly or indirectly, amend, modify, or change any of the terms or provisions of: 

(i) any agreement, instrument, document, indenture, or other writing evidencing or concerning Permitted Indebtedness other than (A) the
Obligations in accordance with this Agreement or a Bank Product Agreement, (B) Permitted Intercompany Advances, and (C) Indebtedness permitted under clauses (c), (e) and (f) of the definition of Permitted
Indebtedness; 
 (ii) any Material Contract except to the extent that such amendment, modification, or change could not, individually or in
the aggregate, reasonably be expected to be materially adverse to the interests of Lender; or 
 (iii) the Governing Documents of any Loan
Party or any of its Subsidiaries if the effect thereof, either individually or in the aggregate, could reasonably be expected to be materially adverse to the interests of Lender. 

7.8 Change of Control. Cause, permit, or suffer, directly or indirectly, any Change of Control. 

7.9 Restricted Junior Payments. Except for Permitted Restricted Junior Payments, make any Restricted Junior Payment;
provided, however, that, so long as it is permitted by law, and so long as no Default or Event of Default shall have occurred and be continuing or would result therefrom and so long as such Borrower is a “pass-through” tax
entity for United States federal income tax purposes, and after first providing such supporting documentation as Lender may reasonably request (including the state and federal tax returns (and all related schedules) of each owner of Stock in such
Borrower, such Borrower may declare and pay Pass-Through Tax Liabilities, net of any prior year loss carry-forwards. 
 7.10
Accounting Methods. Modify or change its fiscal year or its method of accounting (other than as may be required to conform to GAAP). 

7.11 Investments; Controlled Investments. 

(a) Except for Permitted Investments, directly or indirectly, make or acquire any Investment or incur any liabilities (including contingent
obligations) for or in connection with any Investment. 
 (b) Other than (i) an aggregate amount of not more than $100,000 at any one
time, in the case of each Borrower, each other Loan Party and its Subsidiaries, and (ii) amounts deposited into the Excluded Accounts (but subject to the limitations of Section 6.12(j)), make,

  
 29 

 
acquire, or permit to exist Permitted Investments consisting of cash, Cash Equivalents, or amounts credited to Deposit Accounts or Securities Accounts unless such Borrower and such other Loan
Party or its Subsidiaries, as applicable, and the applicable bank (or as permitted solely pursuant to Section 6.12(j) or securities intermediary have entered into Control Agreements with Lender governing such Permitted Investments in
order to perfect (and further establish) Lender’s Liens in such Permitted Investments. Except as provided in Section 6.12(j) and Sections 7.11(b)(i), and (ii), Borrowers and such Loan Parties shall not, and shall not
permit their Subsidiaries to, establish or maintain any Deposit Account or Securities Account with a banking institution other than Lender. 

7.12 Transactions with Affiliates. Directly or indirectly enter into or permit to exist any transaction with any Affiliate of
any Borrower, any other Loan Party or any of their Subsidiaries except for: 
 (a) transactions contemplated by the Loan Documents or
transactions (other than the payment of management, consulting, monitoring, or advisory fees) with any Affiliates of any Borrower or any Loan Party undertaken in good faith, upon fair and reasonable terms fully disclosed to Lender and no less
favorable than would be obtained in a comparable arm’s length transaction with a non-Affiliate; 
 (b) so long as it has been approved
by a Loan Party’s board of directors (or comparable governing body) in accordance with applicable law, any indemnities provided for the benefit of directors (or comparable managers) of such Loan Party; 

(c) so long as it has been approved by a Loan Party’s board of directors (or comparable governing body) in accordance with applicable
law, the payment of reasonable compensation, severance, or employee benefit arrangements to employees, officers, and outside directors of a Loan Party and its Subsidiaries; and 

(d) transactions permitted by Section 7.3 or Section 7.9, or any Permitted Intercompany Advance. 

7.13 Use of Proceeds. Use the proceeds of any loan made hereunder for any purpose other than (a) on the Closing Date, to
pay fees, costs, and expenses, including Lender Expenses, incurred in connection with this Agreement, the other Loan Documents, and the transactions contemplated hereby and thereby, and (b) thereafter, consistent with the terms and conditions
hereof, for general corporate and working capital purposes, Permitted Acquisitions or Permitted Investments (provided that no part of the proceeds of the loans made to Borrowers will be used to purchase or carry any such Margin Stock or to extend
credit to others for the purpose of purchasing or carrying any such Margin Stock or for any purpose that violates the provisions of Regulation T, U or X of the Board of Governors of the Federal Reserve System). 

7.14 Limitation on Issuance of Stock. Except for the issuance or sale of common stock or Permitted Preferred Stock by a Borrower
or other Loan Party, issue or sell or enter into any agreement or arrangement for the issuance and sale of any of their Stock. 

  
 30 

 7.15 Subsidiaries. Transfer any assets to, make any capital contributions or loans
or advances to, or to guarantee or provide any other form of credit support for any obligations of Cleo Holding Corporation or Coupons, Inc. 
  

	8.	FINANCIAL COVENANTS. 

 Each Borrower covenants and agrees that, until termination of all
obligations of Lender to provide extensions of credit hereunder and payment in full of the Obligations, Borrowers will comply with each of the following financial covenants: 

8.1 Liquidity. Borrowers shall have Liquidity of at least the following: 

 

					
	Minimum Liquidity	 	  	 Applicable Period/Test Date

	$	15,000,000	  	  	At all times

 8.2 Excess Availability. Borrowers shall have Excess Availability of at least the following:

  

					
	Minimum Excess Availability	 	  	 Applicable Period/Test Date

	$	2,500,000	  	  	At all times

  

	9.	EVENTS OF DEFAULT. 

 Any one or more of the following events shall constitute an event of
default (each, an “Event of Default”) under this Agreement: 
 9.1 If any Borrower fails to pay when due and payable, or
when declared due and payable, all or any portion of the Obligations consisting of principal, interest, fees, charges or other amounts due and payable to Lender or any Bank Product Provider, reimbursement of Lender Expenses, or other amounts
constituting Obligations (including any portion thereof that accrues after the commencement of an Insolvency Proceeding, regardless of whether allowed or allowable in whole or in part as a claim in any such Insolvency Proceeding); 

9.2 If any Loan Party or any of its Subsidiaries: 

(a) fails to perform or observe any covenant or other agreement contained in any of (i) Sections 4.3, 6.1, 6.2,
6.6, 6.7 (solely if any Loan Party or any of its Subsidiaries refuses to allow Lender or its representatives or agents to visit its properties, inspect its assets or books or records, examine and make copies of its books and records,
or discuss its affairs, finances, and accounts with its officers and employees), 6.8, 6.11, 6.12, 6.13 or 6.14, (ii) Section 7 or (iii) Section 8; 

(b) fails to perform or observe any covenant or other agreement contained in any of Sections 6.3, 6.4, 6.5, 6.7
(other than if any Loan Party or any of its Subsidiaries refuses to allow Lender or its representatives or agents to visit its properties, inspect its assets or books or records, examine and make copies of its books or records or disclose its
affairs, finances and accounts with its officers and employees), 6.9, 6.10, and 6.15 and such failure continues for a 

  
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period of 15 days after the earlier of (i) the date on which such failure shall first become known to any officer of any Loan Party or (ii) the date on which written notice thereof is
given to any Loan Party by Lender; or 
 (c) fails to perform or observe any covenant or other agreement contained in this Agreement, or in
any of the other Loan Documents, in each case, other than any such covenant or agreement that is unable to be cured or is the subject of another provision of this Section 9 (in which event such other provision of this
Section 9 shall govern), and such failure continues for a period of 30 days after the earlier of (i) the date on which such failure shall first become known to any officer of any Loan Party or (ii) the date on which written
notice thereof is given to any Loan Party by Lender; 
 9.3 If one or more judgments, orders, or awards for the payment of money in an
amount in excess of $100,000 in any one case or in excess of $500,000 in the aggregate, (except to the extent fully covered (other than to the extent of customary deductibles) by insurance pursuant to which the insurer has not denied coverage) is
entered or filed against a Loan Party or any of its Subsidiaries, or with respect to any of their respective assets, and either (a) there is a period of 60 consecutive days at any time after the entry of any such judgment, order, or award
during which (1) the same is not discharged, satisfied, vacated, or bonded pending appeal, or (2) a stay of enforcement thereof is not in effect, or (b) enforcement proceedings are commenced upon such judgment, order, or award; 

9.4 If an Insolvency Proceeding is commenced by a Loan Party or any of its Subsidiaries; 

9.5 If an Insolvency Proceeding is commenced against a Loan Party or any of its Subsidiaries and any of the following events occur:
(a) such Loan Party or such Subsidiary consents to the institution of such Insolvency Proceeding against it, (b) the petition commencing the Insolvency Proceeding is not timely controverted, (c) the petition commencing the Insolvency
Proceeding is not dismissed within 60 days of the date of the filing thereof, (d) an interim trustee is appointed to take possession of all or any substantial portion of the properties or assets of, or to operate all or any substantial portion
of the business of, such Loan Party or its Subsidiary, or (e) an order for relief shall have been issued or entered therein; provided that Lender shall have no obligation to provide any extension of credit to Borrowers during such 60 calendar
day period specified in subclause (c); 
 9.6 If any Loan Party or any of its Subsidiaries is enjoined, restrained, or in any way
prevented by court order of a court of competent jurisdiction from continuing to conduct all or any material part of the business affairs of such Loan Party and its Subsidiaries, taken as a whole; 

9.7 If there is (a) a default in one or more agreements to which a Loan Party or any of its Subsidiaries is a party with one or more
third Persons relative to the Indebtedness of such Loan Party or such Subsidiary involving an aggregate amount of $200,000 or more, and such default (i) occurs at the final maturity of the obligations thereunder, or (ii) results in a right
by such third Person, irrespective of whether exercised, to accelerate the maturity of such Loan Party’s or its Subsidiary’s obligations thereunder, or (b) a default in or an involuntary early

  
 32 

 
termination of one or more Hedge Agreements to which a Loan Party or any of its Subsidiaries is a party involving an aggregate amount of $200,000 or more; 

9.8 If any warranty, representation, certificate, statement, or Record made herein or in any other Loan Document or delivered in writing to
Lender in connection with this Agreement or any other Loan Document proves to be untrue in any material respect (except that such materiality qualifier shall not be applicable to any representations and warranties that already are qualified or
modified by materiality in the text thereof) as of the date of issuance or making or deemed making thereof; 
 9.9 If the obligation of any
Guarantor under its Guaranty or any other Loan Document to which any Guarantor is a party is limited or terminated by operation of law or by such Guarantor (other than in accordance with the terms of this Agreement), or if any Guarantor fails to
perform any obligation under its Guaranty or under any such Loan Document, or repudiates or revokes or purports to repudiate or revoke any obligation under its Guaranty, or under any such Loan Document, or any Guarantor ceases to exist for any
reason (except in accordance with Section 7.3); 
 9.10 If this Agreement or any other Loan Document that purports to create a Lien,
shall, for any reason, fail or cease to create a valid and perfected and, except to the extent of Permitted Liens which are permitted purchase money Liens or the interests of lessors under Capital Leases, first priority Lien on the Collateral
covered thereby, except (a) as a result of a disposition of the applicable Collateral in a transaction permitted under this Agreement, or (b) with respect to Collateral the aggregate value of which, for all such Collateral, does not exceed
at any time, $150,000 (other than Collateral of the type included in the Borrowing Base); 
 9.11 [Intentionally Omitted]; 

9.12 If any event or circumstance shall occur which, in the Permitted Discretion of Lender exercised in good faith, would be reasonably likely
to cause Lender to suspect that any Loan Party has engaged in fraudulent activity with respect to the Collateral or other matters; 
 9.13
Any director, Senior Officer, or owner of at least 25% of the issued and outstanding ownership interests of a Loan Party is indicted for a felony offense under state or federal law, or a Loan Party hires an officer or appoints a director who has
been convicted of any such felony offense, or a Person becomes an owner of at least 25% of the issued and outstanding ownership interests of a Loan Party who has been convicted of any such felony offense; 

9.14 If any Loan Party fails to pay any indebtedness or obligation owed to Lender or its Affiliates which is unrelated to the Credit Facility
or this Agreement as it becomes due and payable or the occurrence of any default or event of default under any agreement between any Loan Party and Lender or its Affiliates unrelated to the Loan Documents; or 

9.15 The validity or enforceability of any Loan Document shall at any time for any reason (other than as the result of an action or failure to
act on the part of Lender or any Bank Product Provider) be declared by any Loan Party to be null and void, or a proceeding shall be commenced by a Loan Party or any of its Subsidiaries, or by any Governmental Authority having jurisdiction over a
Loan Party or any of its Subsidiaries, seeking to establish the invalidity or 

  
 33 

 
unenforceability thereof, or a Loan Party or any of its Subsidiaries shall deny that such Loan Party or such Subsidiary has any liability or obligation purported to be created under any Loan
Document. 
  

	10.	RIGHTS AND REMEDIES. 

 10.1 Rights and Remedies. Upon the occurrence and
during the continuation of an Event of Default, Lender may (in each case under clauses (a) or (b) by written notice to Borrowers; provided that no such notice shall be required with respect to Events of Default under
Section 9.4 or Section 9.5), in addition to any other rights or remedies provided for hereunder or under any other Loan Document or by applicable law, do any one or more of the following: 

(a) declare the Obligations (other than the Hedge Obligations, which may be accelerated in accordance with the terms of the applicable Hedge
Agreement), whether evidenced by this Agreement or by any of the other Loan Documents immediately due and payable, whereupon the same shall become and be immediately due and payable and Borrowers shall be obligated to repay all of such Obligations
in full, without presentment, demand, protest, or further notice or other requirements of any kind, all of which are hereby expressly waived by each Loan Party; 

(b) declare the funding obligations of Lender under this Agreement terminated, whereupon such funding obligations shall immediately be
terminated together with any obligation of Lender hereunder to make Advances, extend any other credit hereunder or issue Letters of Credit; 

(c) give notice to an Account Debtor or other Person obligated to pay an Account, a General Intangible, Negotiable Collateral, or other amount
due, notice that the Account, General Intangible, Negotiable Collateral or other amount due has been assigned to Lender for security and must be paid directly to Lender and Lender may collect the Accounts, General Intangible and Negotiable
Collateral of each Borrower and each other Loan Party directly, and any collection costs and expenses shall constitute part of the Obligations under the Loan Documents; 

(d) in Lender’s name or in each Loan Party’s name, as such Loan Party’s agent and attorney-in-fact, notify the United States
Postal Service to change the address for delivery of mail to any address designated by Lender, otherwise intercept mail, and receive, open and dispose of such Loan Party’s mail, applying all Collateral as permitted under this Agreement and
holding all other mail for such Loan Party’s account or forwarding such mail to such Loan Party’s last known address; 
 (e)
without notice to or consent from any Loan Party or any of its Subsidiaries, and without any obligation to pay rent or other compensation, take exclusive possession of all locations where any Loan Party or any of its Subsidiaries conduct its
business or has any rights of possession and use the locations to store, process, manufacture, sell, use, and liquidate or otherwise dispose of items that are Collateral, and for any other incidental purposes deemed appropriate by Lender in good
faith; and 

  
 34 

 (f) exercise in respect of the Collateral, in addition to other rights and remedies provided for
herein, in the other Loan Documents, or otherwise available to it, all the rights and remedies of a secured party on default under the Code or any other applicable law. 

10.2 Additional Rights and Remedies. Without limiting the generality of the foregoing, each Borrower expressly agrees that upon
the occurrence and during the continuation of an Event of Default: 
 (a) Lender, without demand of performance or other demand,
advertisement or notice of any kind (except a notice specified below of time and place of public or private sale) to or upon any Borrower, any other Loan Party or any other Person (all and each of which demands, advertisements and notices are hereby
expressly waived to the maximum extent permitted by the Code or any other applicable law), may take immediate possession of all or any portion of the Collateral and (i) require Loan Parties to, and each Loan Party hereby agrees that it will at
its own expense and upon request of Lender forthwith, assemble all or part of the Collateral as directed by Lender and make it available to Lender at one or more locations designated by Lender where such Borrower or other Loan Party conducts
business, and (ii) without notice except as specified below, sell the Collateral or any part thereof in one or more parcels at public or private sale, at any of Lender’s or Loan Party’s offices or elsewhere, for cash, on credit, and
upon such other terms as Lender may deem commercially reasonable. Each Loan Party agrees that, to the extent notice of sale shall be required by law, at least 10 days notice to such Borrower or such other Loan Party of the time and place of any
public sale or the time after which any private sale is to be made shall constitute reasonable notification and such notice shall constitute a reasonable “authenticated notification of disposition” within the meaning of Section 9-611
of the Code. Lender shall not be obligated to make any sale of Collateral regardless of notice of sale having been given. Lender may adjourn any public or private sale from time to time, and such sale may be made at the time and place to which it
was so adjourned. Each Loan Party agrees that the internet shall constitute a “place” for purposes of Section 9-610(b) of the Code. Each Loan Party agrees that any sale of Collateral to a licensor pursuant to the terms of a license
agreement between such licensor and such Borrower or such other Loan Party is sufficient to constitute a commercially reasonable sale (including as to method, terms, manner, and time) within the meaning of Section 9-610 of the Code; 

(b) Lender may, in addition to other rights and remedies provided for herein, in the other Loan Documents, or otherwise available to it under
applicable law and without the requirement of notice to or upon any Loan Party or any other Person (which notice is hereby expressly waived to the maximum extent permitted by the Code or any other applicable law), (i) with respect to any Loan
Party’s Deposit Accounts in which Lender’s Liens are perfected by control under Section 9-104 of the Code, instruct the bank maintaining such Deposit Account for the applicable Loan Party to pay the balance of such Deposit Account to
or for the benefit of Lender, and (ii) with respect to any Loan Party’s Securities Accounts in which Lender’s Liens are perfected by control under Section 9-106 of the Code, instruct the securities intermediary maintaining such
Securities Account for the applicable Loan Party to (A) transfer any cash in such Securities Account to or for the benefit of Lender, or (B) liquidate any financial assets in such Securities Account that are customarily sold on a
recognized market and transfer the cash proceeds thereof to or for the benefit of Lender; 

  
 35 

 (c) any cash held by Lender as Collateral and all cash proceeds received by Lender in respect of
any sale of, collection from, or other realization upon all or any part of the Collateral shall be applied against the Obligations in the order set forth in Section 10.5. In the event the proceeds of Collateral are insufficient to
satisfy all of the Obligations in full, each Borrower and each other Loan Party shall remain jointly and severally liable for any such deficiency; and the Obligations arise out of a commercial transaction, and that if an Event of Default shall occur
Lender shall have the right to an immediate writ of possession without notice of a hearing. Lender shall have the right to the appointment of a receiver for each Loan Party or for the properties and assets of each Loan Party, and each Loan Party
hereby consents to such rights and such appointment and hereby waives any objection such Loan Party may have thereto or the right to have a bond or other security posted by Lender. 

Notwithstanding the foregoing or anything to the contrary contained in Section 10.1, (i) upon the occurrence of any Default or Event of
Default described in Section 9.4 or Section 9.5, in addition to the remedies set forth above, without any notice to any Borrower or any other Person or any act by Lender, all obligations of Lender to provide any further
extensions of credit hereunder shall automatically terminate, and (ii) upon the occurrence of any Event of Default described in Section 9.4 or Section 9.5, in addition to the remedies set forth above, without any notice
to any Borrower or any other Person or any act by Lender, the Obligations (other than the Hedge Obligations) shall automatically and immediately become due and payable and each Borrower shall be obligated to repay all of such Obligations in full,
without presentment, demand, protest, or notice of any kind, all of which are expressly waived by each Borrower. 
 10.3 Lender
Appointed Attorney in Fact. Each Loan Party hereby irrevocably appoints Lender its attorney-in-fact, with full authority in the place and stead of such Loan Party and in the name of such Loan Party or otherwise, at such time as an Event of
Default has occurred and is continuing, to take any action and to execute any instrument which Lender may reasonably deem necessary to accomplish the purposes of this Agreement, including: 

(a) to ask, demand, collect, sue for, recover, compromise, receive and give acquittance and receipts for moneys due and to become due under or
in connection with the Accounts or any other Collateral of such Borrower or such other Loan Party; 
 (b) to receive, indorse, and collect
any drafts or other instruments, documents, Negotiable Collateral or Chattel Paper; 
 (c) to file any claims or take any action or
institute any proceedings which Lender may deem reasonably necessary for the collection of any of the Collateral of such Borrower or such other Loan Party or otherwise to enforce the rights of Lender with respect to any of the Collateral; 

(d) to repair, alter, or supply Goods, if any, necessary to fulfill in whole or in part the purchase order of any Person obligated to Borrower
or such other Loan Party in respect of any Account of such Borrower or such other Loan Party; 
 (e) to use any Intellectual Property or
Intellectual Property Licenses of such Borrower or such other Loan Party including but not limited to any labels, Patents, Trademarks, 

  
 36 

 
trade names, URLs, domain names, industrial designs, Copyrights, or advertising matter, in preparing for sale, advertising for sale, or selling Inventory or other Collateral and to collect any
amounts due under Accounts, contracts or Negotiable Collateral of such Borrower or such other Loan Party; 
 (f) to take exclusive
possession of all locations where each Borrower or other Loan Party conducts its business or has rights of possession, without notice to or consent of any Borrower or any Loan Party and to use such locations to store, process, manufacture, sell,
use, and liquidate or otherwise dispose of items that are Collateral, without obligation to pay rent or other compensation for the possession or use of any location; 

(g) Lender shall have the right, but shall not be obligated, to bring suit in its own name or in the applicable Loan Party’s name, to
enforce the Intellectual Property and Intellectual Property Licenses and, if Lender shall commence any such suit, the appropriate Borrower or such other Loan Party shall, at the request of Lender, do any and all lawful acts and execute any and all
proper documents reasonably required by Lender in aid of such enforcement; and 
 (h) to the extent permitted by law, such Loan Party hereby
ratifies all that such attorney-in-fact shall lawfully do or cause to be done by virtue hereof. This power of attorney is coupled with an interest and shall be irrevocable until all commitments of Lender under this Agreement to provide extensions of
credit are terminated and all Obligations have been paid in full in cash. 
 10.4 Remedies Cumulative. The rights and remedies
of Lender under this Agreement, the other Loan Documents, and all other agreements shall be cumulative. Lender shall have all other rights and remedies not inconsistent herewith as provided under the Code, by law, or in equity. No exercise by Lender
of one right or remedy shall be deemed an election, and no waiver by Lender of any Default or Event of Default shall be deemed a continuing waiver. No delay by Lender shall constitute a waiver, election, or acquiescence by it. 

10.5 Crediting of Payments and Proceeds. In the event that the Obligations have been accelerated pursuant to
Section 10.1 or the Lender has exercised any remedy set forth in this Agreement or any other Loan Document, all payments received by Lender upon the Obligations and all net proceeds from the enforcement of the Obligations shall be
applied to the Obligations in such manner as Lender shall determine in its discretion and, thereafter, to Borrowers (to be wired to the Designated Account) or as otherwise required by applicable law. For greater certainty, the acceleration of the
Obligations under this Agreement shall in no way affect, terminate or accelerate the Hedge Obligations (which are governed by the terms of the applicable Hedge Agreement). 

10.6 Marshaling. Lender shall not be required to marshal any present or future collateral security (including but not limited to
the Collateral) for, or other assurances of payment of, the Obligations or any of them or to resort to such collateral security or other assurances of payment in any particular order, and all of its rights and remedies under this Agreement and under
the other Loan Documents and in respect of such collateral security and other assurances of payment shall be cumulative and in addition to all other rights and remedies, 

  
 37 

 
however existing or arising. To the extent that it lawfully may, each Borrower and each other Loan Party hereby agrees that it will not invoke any law relating to the marshaling of collateral
which might cause delay in or impede the enforcement of Lender’s rights and remedies under this Agreement or under any other Loan Document or instrument creating or evidencing any of the Obligations or under which any of the Obligations is
outstanding or by which any of the Obligations is secured or payment thereof is otherwise assured, and, to the extent that it lawfully may, each Borrower hereby irrevocably waives the benefits of all such laws. 

10.7 License. Each Borrower and each other Loan Party hereby grants to Lender a non-exclusive, worldwide and royalty-free
license to use or otherwise exploit all Intellectual Property rights of such Borrower and such Loan Party for the purpose of: (a) completing the manufacture of any in-process materials following the occurrence and continuance of any Event of
Default so that such materials become saleable Inventory, all in accordance with the same quality standards previously adopted by such Borrower or such other Loan Party for its own manufacturing; and (b) selling, leasing or otherwise disposing
of any or all Collateral following the occurrence and continuation of any Event of Default; provided, however, that Lender agrees that it shall not exercise the foregoing license unless and until an Event of Default has occurred. 

 

	11.	WAIVERS; INDEMNIFICATION. 

 11.1 Demand; Protest; etc. Each Borrower and
each other Loan Party waives demand, protest, notice of protest, notice of default or dishonor, notice of payment and nonpayment, nonpayment at maturity, release, compromise, settlement, extension, or renewal of documents, instruments, chattel
paper, and guarantees at any time held by Lender on which such Borrower or such other Loan Party may in any way be liable. 
 11.2 The
Lender’s Liability for Collateral. Each Borrower and each other Loan Party hereby agrees that: (a) so long as Lender complies with its obligations, if any, under the Code, Lender shall not in any way or manner be liable or
responsible for: (i) the safekeeping of the Collateral, (ii) any loss or damage thereto occurring or arising in any manner or fashion from any cause, (iii) any diminution in the value thereof, or (iv) any act or default of any
carrier, warehouseman, bailee, forwarding agency, or other Person, and (b) all risk of loss, damage, or destruction of the Collateral shall be borne by each Borrower and such other Loan Parties. 

11.3 Indemnification. Each Borrower and each other Loan Party shall pay, indemnify, defend, and hold the Lender-Related Persons
(each, an “Indemnified Person”) harmless (to the fullest extent permitted by applicable law) from and against any and all claims, demands, suits, actions, investigations, proceedings, liabilities, fines, costs, penalties, and
damages, and all reasonable fees and disbursements of attorneys, experts, or consultants and all other costs and expenses actually incurred in connection therewith or in connection with the enforcement of this indemnification (as and when they are
incurred and irrespective of whether suit is brought), at any time asserted against, imposed upon, or incurred by any of them (a) in connection with or as a result of or related to the execution and delivery, enforcement, performance, or
administration (including any restructuring, forbearance or workout with respect hereto) of this Agreement, any of the other Loan Documents, any Bank Product Agreement or the transactions contemplated hereby or thereby or the monitoring of
compliance by each Borrower and each other Loan Party and each of its Subsidiaries with the terms of the Loan 

  
 38 

 
Documents, (b) with respect to any investigation, litigation, or proceeding related to this Agreement, any other Loan Document, or the use of the proceeds of the credit provided hereunder
(irrespective of whether any Indemnified Person is a party thereto), or any act, omission, event, or circumstance in any manner related thereto, (c) in connection with the custody, preservation, use or operation of, or, upon an Event of
Default, the sale of, collection from, or other realization upon, any of the Collateral in accordance with this Agreement and the other Loan Documents, (d) with respect to the failure by any Borrower or any other Loan Party to perform or
observe any of the provisions hereof or any other Loan Document, (e) in connection with the exercise or enforcement of any of the rights of Lender hereunder or under any other Loan Document, and (f) in connection with or arising out of any
presence or release of Hazardous Materials at, on, under, to or from any assets or properties owned, leased or operated by any Borrower or any other Loan Party or any Subsidiary of a Borrower or any other Loan Party or any Environmental Actions,
Environmental Liabilities or Remedial Actions related in any way to any such assets or properties of such Loan Party or any of its Subsidiaries (each and all of the foregoing, the “Indemnified Liabilities”). The foregoing to the
contrary notwithstanding, no Borrower or any other Loan Party shall have any obligation to any Indemnified Person under this Section 11.3 with respect to any Indemnified Liability that a court of competent jurisdiction finally determines
to have resulted from the gross negligence or willful misconduct of such Indemnified Person or its officers, directors, employees, or attorneys. This provision shall survive the termination of this Agreement and the repayment of the Obligations. If
any Indemnified Person makes any payment to any other Indemnified Person with respect to an Indemnified Liability as to which a Borrower or any other Loan Party was required to indemnify the Indemnified Person receiving such payment, the Indemnified
Person making such payment is entitled to be indemnified and reimbursed by such Borrower or such other Loan Party with respect thereto. WITHOUT LIMITATION, THE FOREGOING INDEMNITY SHALL APPLY TO EACH INDEMNIFIED PERSON WITH RESPECT TO INDEMNIFIED
LIABILITIES WHICH IN WHOLE OR IN PART ARE CAUSED BY OR ARISE OUT OF ANY NEGLIGENT ACT OR OMISSION OF SUCH INDEMNIFIED PERSON OR OF ANY OTHER PERSON. 
  

	12.	NOTICES. 

 Unless otherwise provided in this Agreement, all notices or demands relating
to this Agreement or any other Loan Document shall be in writing and (except for financial statements and other informational documents which may be sent by first-class mail, postage prepaid) shall be personally delivered or sent by certified mail
(postage prepaid, return receipt requested), overnight courier, electronic mail (at such email addresses as a party may designate in accordance herewith), or telefacsimile. In the case of notices or demands to Borrowers, any other Loan Party or
Lender, as the case may be, they shall be sent to the respective address set forth below: 
  

			
	If to Borrowers:	  	 COUPONS.COM INCORPORATED
 400 Logue Avenue

Mountain View, CA 94043
 Attn: Richard Hornstein

Fax No.: 650-605-4700
 Email:
rhornstein@couponsinc.com

  
 39 

			
	 with courtesy copies to
 (which shall not
constitute
 Notice for purposes of this
	  	
	Section 12):	  	 DLA Piper LLP (US)
 2000 University Avenue

East Palo Alto, CA 94303-2215
 Attn: Edward Batts, Esq.

Fax No.: 650-687-1106
 Email: ed.batts@dlapiper.com

		
		  	 DLA Piper LLP (US)
 1251 Avenue of the
Americas
 New York, NY 10020
 Attn: Jamie Knox, Esq.

Fax No.: 212-884-8692
 Email:
jamie.knox@dlapiper.com

		
	If to Lender:	  	 WELLS FARGO BANK, NATIONAL ASSOCIATION
 1300 SW
Fifth Avenue
 Portland, Oregon 97201
 Attn: Relationship
Manager – Coupons.com
 Fax No.: 877.518.9602
 Email:
michael.white@wellsfargo.com

		
	 with courtesy copies to
 (which shall not
constitute
 Notice for purposes of this
	  	
	Section 12):	  	 Morgan, Lewis & Bockius LLP
 300 S.
Grand Avenue, Suite 2200
 Los Angeles, CA 900171
 Attn: J.
Michael Jack, Esq.
 Fax No.: 213-612-2501
 Email:
jmjack@morganlewis.com

 Any party hereto may change the address at which it is to receive notices hereunder, by notice in writing in
the foregoing manner given to the other parties. All notices or demands sent in accordance with this Section 12 shall be deemed received on the earlier of the date of actual receipt or 3 Business Days after the deposit thereof in the
mail; provided, that (a) notices sent by overnight courier service shall be deemed to have been given when received, (b) notices by facsimile shall be deemed to have been given when sent (except that, if not given during normal business
hours for the recipient, shall be deemed to have been given at the opening of business on the next Business Day for the recipient) and (c) notices by electronic mail shall be deemed received upon the sender’s receipt of an acknowledgment
from the intended recipient (such as by the “return receipt requested” function, as available, return email or other written acknowledgment). Any notice given by Lender to any Borrower as provided in this Section 12 shall be
deemed sufficient notice as to all Loan Parties, regardless of whether each Loan Party is 

  
 40 

 
sent a separate copy of such notice or whether each Loan Party is specifically identified in such notice. 
  

	13.	CHOICE OF LAW AND VENUE; JURY TRIAL WAIVER; ARBITRATION. 

 (a) CHOICE OF
LAW. THE VALIDITY OF THIS AGREEMENT AND THE OTHER LOAN DOCUMENTS (UNLESS EXPRESSLY PROVIDED TO THE CONTRARY IN ANOTHER LOAN DOCUMENT IN RESPECT OF SUCH OTHER LOAN DOCUMENT), THE CONSTRUCTION, INTERPRETATION, AND ENFORCEMENT HEREOF AND THEREOF,
AND THE RIGHTS OF THE PARTIES HERETO AND THERETO WITH RESPECT TO ALL MATTERS ARISING HEREUNDER OR THEREUNDER OR RELATED HERETO OR THERETO AS WELL AS ALL CLAIMS, CONTROVERSIES OR DISPUTES ARISING UNDER OR RELATED TO THIS AGREEMENT AND THE OTHER LOAN
DOCUMENTS SHALL BE DETERMINED UNDER, GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF CALIFORNIA WITHOUT REGARD TO THE CONFLICTS OF LAWS PRINCIPLES THEREOF. 

(b) VENUE. THE PARTIES AGREE THAT ALL ACTIONS OR PROCEEDINGS ARISING IN CONNECTION WITH THIS AGREEMENT AND THE OTHER LOAN
DOCUMENTS MAY BE TRIED AND LITIGATED IN THE STATE AND, TO THE EXTENT PERMITTED BY APPLICABLE LAW, FEDERAL COURTS LOCATED IN THE COUNTY OF LOS ANGELES, STATE OF CALIFORNIA; PROVIDED, HOWEVER, THAT ANY SUIT SEEKING ENFORCEMENT AGAINST
ANY COLLATERAL OR OTHER PROPERTY MAY BE BROUGHT, AT LENDER’S OPTION, IN THE COURTS OF ANY JURISDICTION WHERE LENDER ELECTS TO BRING SUCH ACTION OR WHERE SUCH COLLATERAL OR OTHER PROPERTY MAY BE FOUND. EACH LOAN PARTY AND LENDER WAIVE, TO THE
EXTENT PERMITTED UNDER APPLICABLE LAW, ANY RIGHT EACH MAY HAVE TO ASSERT THE DOCTRINE OF FORUM NON CONVENIENS OR TO OBJECT TO VENUE TO THE EXTENT ANY PROCEEDING IS BROUGHT IN ACCORDANCE WITH THIS SECTION 13(b). 

(c) JURY TRIAL WAIVER. TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, EACH LOAN PARTY AND LENDER HEREBY WAIVE THEIR
RESPECTIVE RIGHTS, IF ANY, TO A JURY TRIAL OF ANY CLAIM, CONTROVERSY, DISPUTE OR CAUSE OF ACTION DIRECTLY OR INDIRECTLY BASED UPON OR ARISING OUT OF ANY OF THE LOAN DOCUMENTS OR ANY OF THE TRANSACTIONS CONTEMPLATED THEREIN, INCLUDING CONTRACT
CLAIMS, TORT CLAIMS, BREACH OF DUTY CLAIMS, AND ALL OTHER COMMON LAW OR STATUTORY CLAIMS (EACH, A “CLAIM”). EACH LOAN PARTY AND LENDER REPRESENT THAT EACH HAS REVIEWED THIS WAIVER AND EACH KNOWINGLY AND VOLUNTARILY WAIVES ITS JURY
TRIAL RIGHTS FOLLOWING CONSULTATION WITH LEGAL COUNSEL. IN THE EVENT OF LITIGATION, A COPY OF THIS AGREEMENT MAY BE FILED AS A WRITTEN CONSENT TO A TRIAL BY THE COURT. 

  
 41 

 (d) LIMITATION ON DAMAGES. NO CLAIM MAY BE MADE BY ANY LOAN PARTY AGAINST THE
LENDER, OR ANY AFFILIATE OF LENDER OR ANY DIRECTOR, OFFICER, EMPLOYEE, COUNSEL, REPRESENTATIVE, AGENT, OR ATTORNEY-IN-FACT OF ANY OF THEM FOR ANY SPECIAL, INDIRECT, CONSEQUENTIAL, OR PUNITIVE DAMAGES IN RESPECT OF ANY CLAIM FOR BREACH OF CONTRACT OR
ANY OTHER THEORY OF LIABILITY ARISING OUT OF OR RELATED TO THE TRANSACTIONS CONTEMPLATED BY THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT, OR ANY ACT, OMISSION, OR EVENT OCCURRING IN CONNECTION THEREWITH, AND EACH LOAN PARTY HEREBY WAIVES, RELEASES, AND
AGREES NOT TO SUE UPON ANY CLAIM FOR SUCH DAMAGES, WHETHER OR NOT ACCRUED AND WHETHER OR NOT KNOWN OR SUSPECTED TO EXIST IN ITS FAVOR. 

(e) ARBITRATION. THE PARTIES HERETO AGREE, UPON DEMAND BY ANY PARTY, WHETHER MADE BEFORE THE INSTITUTION OF A JUDICIAL
PROCEEDING OR NOT MORE THAN 60 DAYS AFTER SERVICE OF A COMPLAINT, THIRD PARTY COMPLAINT, CROSS-CLAIM, COUNTERCLAIM OR ANY ANSWER THERETO OR ANY AMENDMENT TO ANY OF THE ABOVE TO SUBMIT TO BINDING ARBITRATION ALL CLAIMS, DISPUTES AND CONTROVERSIES
BETWEEN OR AMONG THEM (AND THEIR RESPECTIVE EMPLOYEES, OFFICERS, DIRECTORS, ATTORNEYS, AND OTHER AGENTS), WHETHER IN TORT, CONTRACT OR OTHERWISE ARISING OUT OF OR RELATING TO IN ANY WAY (I) ANY CREDIT SUBJECT HERETO, OR ANY OF THE LOAN
DOCUMENTS, AND THEIR NEGOTIATION, EXECUTION, COLLATERALIZATION, ADMINISTRATION, REPAYMENT, MODIFICATION, EXTENSION, SUBSTITUTION, FORMATION, INDUCEMENT, ENFORCEMENT, DEFAULT OR TERMINATION; OR (II) REQUESTS FOR ADDITIONAL CREDIT. 

(f) GOVERNING RULES. ANY ARBITRATION PROCEEDING WILL (I) PROCEED IN A LOCATION IN LOS ANGELES COUNTY, CALIFORNIA
SELECTED BY THE AMERICAN ARBITRATION ASSOCIATION (“AAA”); (II) BE GOVERNED BY THE FEDERAL ARBITRATION ACT (TITLE 9 OF THE UNITED STATES CODE), NOTWITHSTANDING ANY CONFLICTING CHOICE OF LAW PROVISION IN ANY OF THE DOCUMENTS BETWEEN THE
PARTIES; AND (III) BE CONDUCTED BY THE AAA, OR SUCH OTHER ADMINISTRATOR AS THE PARTIES SHALL MUTUALLY AGREE UPON, IN ACCORDANCE WITH THE AAA’S COMMERCIAL DISPUTE RESOLUTION PROCEDURES, UNLESS THE CLAIM OR COUNTERCLAIM IS AT LEAST $1,000,000.00
EXCLUSIVE OF CLAIMED INTEREST, ARBITRATION FEES AND COSTS IN WHICH CASE THE ARBITRATION SHALL BE CONDUCTED IN ACCORDANCE WITH THE AAA’S OPTIONAL PROCEDURES FOR LARGE, COMPLEX COMMERCIAL DISPUTES (THE COMMERCIAL DISPUTE RESOLUTION PROCEDURES OR
THE OPTIONAL PROCEDURES FOR LARGE, COMPLEX COMMERCIAL DISPUTES TO BE REFERRED TO HEREIN, AS APPLICABLE, AS THE “RULES”). IF THERE IS ANY INCONSISTENCY BETWEEN THE TERMS HEREOF AND THE RULES, THE TERMS AND PROCEDURES SET FORTH HEREIN SHALL
CONTROL. ANY PARTY WHO FAILS OR REFUSES TO SUBMIT TO ARBITRATION FOLLOWING A 

  
 42 

 
DEMAND BY ANY OTHER PARTY SHALL BEAR ALL COSTS AND EXPENSES INCURRED BY SUCH OTHER PARTY IN COMPELLING ARBITRATION OF ANY DISPUTE. NOTHING CONTAINED HEREIN SHALL BE DEEMED TO BE A WAIVER BY ANY
PARTY THAT IS A BANK OF THE PROTECTIONS AFFORDED TO IT UNDER 12 U.S.C. §91 OR ANY SIMILAR APPLICABLE STATE LAW. 
 (g)
NO WAIVER OF PROVISIONAL REMEDIES, SELF-HELP AND FORECLOSURE. THE ARBITRATION REQUIREMENT DOES NOT LIMIT THE RIGHT OF ANY PARTY BEFORE, DURING OR AFTER THE PENDENCY OF ANY ARBITRATION PROCEEDING TO (I) FORECLOSE AGAINST REAL OR
PERSONAL PROPERTY COLLATERAL; (II) EXERCISE SELF-HELP REMEDIES RELATING TO COLLATERAL OR PROCEEDS OF COLLATERAL SUCH AS SETOFF OR REPOSSESSION; OR (III) OBTAIN PROVISIONAL OR ANCILLARY REMEDIES SUCH AS REPLEVIN, WRIT OF POSSESSION, INJUNCTIVE
RELIEF, ATTACHMENT, GARNISHMENT OR THE APPOINTMENT OF A RECEIVER. THIS EXCLUSION DOES NOT CONSTITUTE A WAIVER OF THE RIGHT OR OBLIGATION OF ANY PARTY TO SUBMIT ANY DISPUTE TO ARBITRATION OR REFERENCE HEREUNDER, INCLUDING THOSE ARISING FROM THE
EXERCISE OF THE ACTIONS DETAILED IN CLAUSES (I), (II) AND (III) OF THIS PARAGRAPH. 
 (h) ARBITRATOR
QUALIFICATIONS AND POWERS. ANY ARBITRATION PROCEEDING IN WHICH THE AMOUNT IN CONTROVERSY IS $5,000,000.00 OR LESS WILL BE DECIDED BY A SINGLE ARBITRATOR SELECTED ACCORDING TO THE RULES, AND WHO SHALL NOT RENDER AN AWARD OF GREATER THAN
$5,000,000.00. ANY DISPUTE IN WHICH THE AMOUNT IN CONTROVERSY EXCEEDS $5,000,000.00 SHALL BE DECIDED BY MAJORITY VOTE OF A PANEL OF THREE ARBITRATORS; PROVIDED HOWEVER, THAT ALL THREE ARBITRATORS MUST ACTIVELY PARTICIPATE IN ALL HEARINGS AND
DELIBERATIONS, EXCEPT THAT A SINGLE ARBITRATOR MAY DECIDE PRE-HEARING DISCOVERY DISPUTES. THE ARBITRATOR(S) WILL BE A NEUTRAL ATTORNEY LICENSED IN THE STATE OF CALIFORNIA OR A NEUTRAL RETIRED JUDGE OF THE STATE OR FEDERAL JUDICIARY OF CALIFORNIA, IN
EITHER CASE WITH A MINIMUM OF TEN YEARS EXPERIENCE IN THE SUBSTANTIVE LAW APPLICABLE TO THE SUBJECT MATTER OF THE DISPUTE TO BE ARBITRATED. THE ARBITRATOR(S) WILL DETERMINE WHETHER OR NOT AN ISSUE IS ARBITRATABLE AND WILL GIVE EFFECT TO THE STATUTES
OF LIMITATION OR REPOSE IN DETERMINING ANY CLAIM. IN ANY ARBITRATION PROCEEDING THE ARBITRATOR(S) WILL DECIDE (BY DOCUMENTS ONLY OR WITH A HEARING AT THE ARBITRATOR’S DISCRETION) ANY PRE-HEARING MOTIONS WHICH ARE SIMILAR TO MOTIONS TO DISMISS
FOR FAILURE TO STATE A CLAIM OR MOTIONS FOR SUMMARY ADJUDICATION. THE ARBITRATOR(S) SHALL RESOLVE ALL DISPUTES IN ACCORDANCE WITH THE SUBSTANTIVE LAW OF CALIFORNIA AND MAY GRANT ANY REMEDY OR RELIEF THAT A COURT OF SUCH STATE COULD ORDER OR GRANT
WITHIN THE SCOPE HEREOF AND SUCH ANCILLARY RELIEF AS IS NECESSARY TO MAKE EFFECTIVE ANY AWARD. 

  
 43 

 
THE ARBITRATOR(S) SHALL ALSO HAVE THE POWER TO AWARD RECOVERY OF ALL COSTS AND FEES, TO IMPOSE SANCTIONS AND TO TAKE SUCH OTHER ACTION AS THE ARBITRATOR(S) DEEMS NECESSARY TO THE SAME EXTENT A
JUDGE COULD PURSUANT TO THE FEDERAL RULES OF CIVIL PROCEDURE, THE CALIFORNIA CODE OF CIVIL PROCEDURE OR OTHER APPLICABLE LAW. JUDGMENT UPON THE AWARD RENDERED BY THE ARBITRATOR(S) MAY BE ENTERED IN ANY COURT HAVING JURISDICTION. THE INSTITUTION AND
MAINTENANCE OF AN ACTION FOR JUDICIAL RELIEF OR PURSUIT OF A PROVISIONAL OR ANCILLARY REMEDY SHALL NOT CONSTITUTE A WAIVER OF THE RIGHT OF ANY PARTY, INCLUDING THE PLAINTIFF, TO SUBMIT THE CONTROVERSY OR CLAIM TO ARBITRATION IF ANY OTHER PARTY
CONTESTS SUCH ACTION FOR JUDICIAL RELIEF. 
 (i) DISCOVERY. IN ANY ARBITRATION PROCEEDING, DISCOVERY WILL BE PERMITTED
IN ACCORDANCE WITH THE RULES. ALL DISCOVERY SHALL BE EXPRESSLY LIMITED TO MATTERS DIRECTLY RELEVANT TO THE DISPUTE BEING ARBITRATED AND MUST BE COMPLETED NO LATER THAN TWENTY (20) DAYS BEFORE THE HEARING DATE. ANY REQUESTS FOR AN EXTENSION OF
THE DISCOVERY PERIODS, OR ANY DISCOVERY DISPUTES, WILL BE SUBJECT TO FINAL DETERMINATION BY THE ARBITRATOR(S) UPON A SHOWING THAT THE REQUEST FOR DISCOVERY IS ESSENTIAL FOR THE PARTY’S PRESENTATION AND THAT NO ALTERNATIVE MEANS FOR OBTAINING
INFORMATION IS AVAILABLE. 
 (j) CLASS PROCEEDINGS AND CONSOLIDATIONS. NO PARTY HERETO SHALL BE ENTITLED TO JOIN OR
CONSOLIDATE DISPUTES BY OR AGAINST OTHERS IN ANY ARBITRATION, EXCEPT PARTIES WHO HAVE EXECUTED ANY LOAN DOCUMENT, OR TO INCLUDE IN ANY ARBITRATION ANY DISPUTE AS A REPRESENTATIVE OR MEMBER OF A CLASS, OR TO ACT IN ANY ARBITRATION IN THE INTEREST OF
THE GENERAL PUBLIC OR IN A PRIVATE ATTORNEY GENERAL CAPACITY. 
 (k) PAYMENT OF ARBITRATION COSTS AND FEES. THE
ARBITRATOR(S) SHALL AWARD ALL COSTS AND EXPENSES OF THE ARBITRATION PROCEEDING. 
 (l) REAL PROPERTY COLLATERAL; JUDICIAL
REFERENCE. NOTWITHSTANDING ANYTHING HEREIN TO THE CONTRARY, NO DISPUTE SHALL BE SUBMITTED TO ARBITRATION IF THE DISPUTE CONCERNS INDEBTEDNESS SECURED DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, BY ANY REAL PROPERTY UNLESS (I) THE HOLDER OF
THE MORTGAGE, LIEN OR SECURITY INTEREST SPECIFICALLY ELECTS IN WRITING TO PROCEED WITH THE ARBITRATION, OR (II) ALL PARTIES TO THE ARBITRATION WAIVE ANY RIGHTS OR BENEFITS THAT MIGHT ACCRUE TO THEM BY VIRTUE OF THE SINGLE ACTION RULE STATUTE OF
CALIFORNIA, THEREBY AGREEING THAT ALL INDEBTEDNESS AND OBLIGATIONS OF THE PARTIES, AND ALL MORTGAGES, LIENS AND SECURITY INTERESTS SECURING SUCH 

  
 44 

 
INDEBTEDNESS AND OBLIGATIONS, SHALL REMAIN FULLY VALID AND ENFORCEABLE. IF ANY SUCH DISPUTE IS NOT SUBMITTED TO ARBITRATION, THE DISPUTE SHALL BE REFERRED TO A REFEREE IN ACCORDANCE WITH
CALIFORNIA CODE OF CIVIL PROCEDURE SECTION 638 ET SEQ., AND THIS GENERAL REFERENCE AGREEMENT IS INTENDED TO BE SPECIFICALLY ENFORCEABLE IN ACCORDANCE WITH SAID SECTION 638. A REFEREE WITH THE QUALIFICATIONS REQUIRED HEREIN FOR ARBITRATORS SHALL BE
SELECTED PURSUANT TO THE AAA’S SELECTION PROCEDURES. JUDGMENT UPON THE DECISION RENDERED BY A REFEREE SHALL BE ENTERED IN THE COURT IN WHICH SUCH PROCEEDING WAS COMMENCED IN ACCORDANCE WITH CALIFORNIA CODE OF CIVIL PROCEDURE SECTIONS 644 AND
645. 
 (m) MISCELLANEOUS. TO THE MAXIMUM EXTENT PRACTICABLE, THE AAA, THE ARBITRATOR(S) AND THE PARTIES SHALL TAKE ALL
ACTION REQUIRED TO CONCLUDE ANY ARBITRATION PROCEEDING WITHIN 180 DAYS OF THE FILING OF THE DISPUTE WITH THE AAA. NO ARBITRATOR(S) OR OTHER PARTY TO AN ARBITRATION PROCEEDING MAY DISCLOSE THE EXISTENCE, CONTENT OR RESULTS THEREOF, EXCEPT FOR
DISCLOSURES OF INFORMATION BY A PARTY REQUIRED IN THE CONNECTION WITH FINANCIAL REPORTING IN THE ORDINARY COURSE OF ITS BUSINESS OR BY APPLICABLE LAW OR REGULATION. IF MORE THAN ONE AGREEMENT FOR ARBITRATION BY OR BETWEEN THE PARTIES POTENTIALLY
APPLIES TO A DISPUTE, THE ARBITRATION PROVISION MOST DIRECTLY RELATED TO THE LOAN DOCUMENTS OR THE SUBJECT MATTER OF THE DISPUTE SHALL CONTROL. THIS ARBITRATION PROVISION SHALL SURVIVE TERMINATION, AMENDMENT OR EXPIRATION OF ANY OF THE LOAN
DOCUMENTS OR ANY RELATIONSHIP BETWEEN THE PARTIES. 
 (n) WAIVER OF JURY TRIAL. THE PARTIES HERETO HEREBY ACKNOWLEDGE
THAT BY AGREEING TO BINDING ARBITRATION THEY HAVE IRREVOCABLY WAIVED THEIR RESPECTIVE RIGHTS TO A JURY TRIAL WITH RESPECT TO ANY ACTION, CLAIM OR OTHER PROCEEDING ARISING OUT OF ANY DISPUTE IN CONNECTION WITH THIS AGREEMENT OR ANY OTHER AGREEMENT OR
DOCUMENT DELIVERED IN CONNECTION HEREWITH, ANY RIGHTS OR OBLIGATIONS HEREUNDER OR THEREUNDER, OR THE PERFORMANCE OF SUCH RIGHTS AND OBLIGATIONS. THIS PROVISION IS A MATERIAL INDUCEMENT FOR THE PARTIES ENTERING INTO THIS AGREEMENT. 

 

	14.	ASSIGNMENTS; SUCCESSORS. 

 This Agreement shall bind and inure to the benefit of the
respective successors and assigns of each of the parties; provided, however, that no Borrower or any other Loan Party may assign this Agreement or any rights or duties hereunder without Lender’s prior written consent and any prohibited
assignment shall be absolutely void ab initio. No consent to assignment by the Lender shall release any Borrower or any other Loan Party from its Obligations. Lender may 

  
 45 

 
assign this Agreement and the other Loan Documents in whole or in part and its rights and duties hereunder or grant participations in the Obligations hereunder and thereunder and no consent or
approval by any Borrower or any other Loan Party is required in connection with any such assignment or participation; provided that if Lender assigns all of its rights under this Agreement and no Event of Default has occurred and is continuing at
the time of such assignment, Borrowers may terminate this Agreement and repay all of the Obligations without having to pay any early termination, reduction or prepayment fee set forth in Schedule 2.12, as applicable, so long as Borrowers
terminate this Agreement and repay the Obligations in full within 90 days after the date that such assignment occurs. 
  

	15.	AMENDMENTS; WAIVERS. 

 No amendment or modification of this Agreement or any other Loan
Document or any other document or agreement described in or related to this Agreement shall be effective unless it has been agreed to by each party hereto in a writing that specifically states that it is intended to amend or modify specific Loan
Documents, or any other document or agreement described in or related to this Agreement. No failure by Lender to exercise any right, remedy, or option under this Agreement or any other Loan Document, or delay by Lender in exercising the same, will
operate as a waiver thereof. No waiver by Lender will be effective unless it is in writing (including by electronic mail which shall be deemed received upon the sender’s receipt of an acknowledgment from the intended recipient (such as by the
“return receipt requested” function, as available, return email or other written acknowledgment)), and then only to the extent specifically stated. No waiver by Lender on any occasion shall affect or diminish Lender’s rights
thereafter to require strict performance by Borrowers or any other Loan Party of any provision of this Agreement. Lender’s rights under this Agreement and the other Loan Documents will be cumulative and not exclusive of any other right or
remedy that Lender may have. 
  

	16.	TAXES. 

 (a) All payments made by any Borrower or any other Loan Party hereunder or under
any note or other Loan Document will be made without setoff, counterclaim, or other defense. In addition, all such payments will be made free and clear of, and without deduction or withholding for, any present or future Taxes, and in the event any
deduction or withholding of Taxes is required, each Borrower shall comply with the next sentence of this Section 16(a). If any Taxes are so levied or imposed, each Borrower and each other Loan Party agrees to pay the full amount of such
Taxes and such additional amounts as may be necessary so that every payment of all amounts due under this Agreement, any note, or Loan Document, including any amount paid pursuant to this Section 16(a) after withholding or deduction for
or on account of any Taxes, will not be less than the amount provided for herein or therein; provided, however, that Borrowers or Loan Parties shall not be required to increase any such amounts if the increase in such amount payable results from
Lender’s willful misconduct or gross negligence (as finally determined by a court of competent jurisdiction); provided, further, that if Lender has provided notice to Borrowers requiring that Borrowers gross up any payments pursuant to this
Section 16(a), or Borrowers make any gross up payment, Borrowers may terminate this Agreement and repay all of the Obligations without having to pay any early termination, reduction or prepayment fee set forth in Schedule 2.12, as
applicable, so long as (i) no Event of Default has occurred and is continuing as of the date of such termination and repayment of all of the 

  
 46 

 
Obligations, and (ii) Borrowers terminate this Agreement and repay the Obligations in full (including, without limitation, any gross up payments required to be made through the date of such
repayment) within 90 days after the date such notice is received or the date that any such gross up payment is first made. Each Borrower and each other Loan Party will furnish to Lender as promptly as possible after the date the payment of any Tax
is due pursuant to applicable law, certified copies of tax receipts evidencing such payment by such Borrower. 
 (b) Each Borrower agrees to
pay any present or future stamp, value added or documentary taxes or any other excise or property taxes, charges, or similar levies that arise from any payment made hereunder or from the execution, delivery, performance, recordation, or filing of,
or otherwise with respect to this Agreement or any other Loan Document. 
  

	17.	GENERAL PROVISIONS. 

 17.1 Effectiveness. This Agreement shall be binding
and deemed effective when executed by each Borrower, each other Loan Party and Lender. 
 17.2 Section Headings. Headings and
numbers have been set forth herein for convenience only. Unless the contrary is compelled by the context, everything contained in each Section applies equally to this entire Agreement. 

17.3 Interpretation. Neither this Agreement nor any uncertainty or ambiguity herein shall be construed against the Lender or any
Loan Party, whether under any rule of construction or otherwise. On the contrary, this Agreement has been reviewed by all parties and shall be construed and interpreted according to the ordinary meaning of the words used so as to accomplish fairly
the purposes and intentions of all parties hereto. 
 17.4 Severability of Provisions. Each provision of this Agreement shall
be severable from every other provision of this Agreement for the purpose of determining the legal enforceability of any specific provision. 

17.5 Debtor-Creditor Relationship. The relationship between the Lender, on the one hand, and the Loan Parties, on the other
hand, is solely that of creditor and debtor. Lender shall not have (and shall not be deemed to have) any fiduciary relationship or duty to any Loan Party arising out of or in connection with the Loan Documents or the transactions contemplated
thereby, and there is no agency or joint venture relationship between Lender, on the one hand, and the Loan Parties, on the other hand, by virtue of any Loan Document or any transaction contemplated therein. 

17.6 Counterparts; Electronic Execution. This Agreement may be executed in any number of counterparts and by different parties
on separate counterparts, each of which, when executed and delivered, shall be deemed to be an original, and all of which, when taken together, shall constitute but one and the same Agreement. Delivery of an executed counterpart of this Agreement by
telefacsimile or other electronic method of transmission shall be equally as effective as delivery of an original executed counterpart of this Agreement. Any party delivering an executed counterpart of this Agreement by telefacsimile or other
electronic method of transmission also shall deliver an original executed counterpart of this Agreement but the failure 

  
 47 

 
to deliver an original executed counterpart shall not affect the validity, enforceability, and binding effect of this Agreement. 

17.7 Revival and Reinstatement of Obligations. If the incurrence or payment of the Obligations by any Loan Party or the transfer
to Lender of any property should for any reason subsequently be asserted, or declared, to be void or voidable under any state or federal law relating to creditors’ rights, including provisions of the Bankruptcy Code relating to fraudulent
conveyances, preferences, or other voidable or recoverable payments of money or transfers of property (each, a “Voidable Transfer”), and if Lender is required to repay or restore, in whole or in part, any such Voidable Transfer, or
elects to do so upon the reasonable advice of its counsel, then, as to any such Voidable Transfer, or the amount thereof that Lender is required or elects to repay or restore, and as to all reasonable costs, expenses, and attorneys fees of Lender
related thereto, the liability of such Loan Party automatically shall be revived, reinstated, and restored and shall exist as though such Voidable Transfer had never been made and all of Lender’s Liens in the Collateral shall be automatically
reinstated without further action. 
 17.8 Confidentiality. 

(a) Lender agrees that material, non-public information regarding the Loan Parties and their Subsidiaries, their operations, assets, and
existing and contemplated business plans (“Confidential Information”) shall be treated by Lender in a confidential manner, and shall not be disclosed by Lender to Persons who are not parties to this Agreement, except: (i) to
attorneys for and other advisors, accountants, auditors, and consultants to Lender and to employees, directors and officers of Lender (the Persons in this clause (i), “Lender Representatives”) on a “need to know” basis in
connection with this Agreement and the transactions contemplated hereby and on a confidential basis, (ii) to Subsidiaries and Affiliates of Lender, provided that any such Subsidiary or Affiliate shall have agreed to receive such information
hereunder subject to the terms of this Section 17.8, (iii) as may be required by regulatory authorities with applicable jurisdiction, (iv) as may be required by statute, decision, or judicial or administrative order, rule, or
regulation; provided that (x) prior to any disclosure under this clause (iv), the disclosing party agrees to provide Borrowers with prior notice thereof, to the extent that it is practicable to do so and to the extent that the disclosing party
is permitted to provide such prior notice to Borrowers pursuant to the terms of the applicable statute, decision, or judicial or administrative order, rule, or regulation and (y) any disclosure under this clause (iv) shall be limited to
the portion of the Confidential Information as may be required by such statute, decision, or judicial or administrative order, rule, or regulation, (v) as may be agreed to in advance in writing by Borrowers, (vi) as requested or required
by any Governmental Authority pursuant to any subpoena or other legal process, provided, that, (x) prior to any disclosure under this clause (vi) the disclosing party agrees to provide Borrowers with prior written notice thereof, to the
extent that it is practicable to do so and to the extent that the disclosing party is permitted to provide such prior written notice to Borrowers pursuant to the terms of the subpoena or other legal process and (y) any disclosure under this
clause (vi) shall be limited to the portion of the Confidential Information as may be required by such Governmental Authority pursuant to such subpoena or other legal process, (vii) as to any such information that is or becomes generally
available to the public (other than as a result of prohibited disclosure by Lender or Lender Representatives), (viii) in connection with any assignment, participation or pledge of any Lender’s interest under this Agreement, provided that
prior to receipt of 

  
 48 

 
Confidential Information any such assignee, participant, or pledgee shall have agreed in writing to receive such Confidential Information hereunder subject to the terms of this
Section 17.8, (ix) in connection with any litigation or other adversary proceeding involving parties hereto which such litigation or adversary proceeding involves claims related to the rights or duties of such parties under this
Agreement or the other Loan Documents; (x) to equity owners of each Loan Party and (xi) in connection with, and to the extent reasonably necessary for, the exercise of any secured creditor remedy under this Agreement or under any other
Loan Document. 
 (b) Anything in this Agreement to the contrary notwithstanding, Lender may use the name, logos, and other insignia of the
Loan Parties and the Maximum Revolver Amount provided hereunder in any “tombstone” or comparable advertising, on its website or in other marketing materials of Lender. 

17.9 Lender Expenses. Subject to Section 2.6(c), each Borrower and each other Loan Party agrees to pay the Lender
Expenses on the earlier of (a) the first day of the month following the date on which such Lender Expenses were first incurred, provided that Lender has provided prior notice to Borrowers of such Lender Expenses, or (b) the date on which
demand therefor is made by Lender and each Borrower and each other Loan Party agrees that its obligations contained in this Section 17.9 shall survive payment or satisfaction in full of all other Obligations. 

17.10 Setoff. Lender may at any time, in its sole discretion and without demand or notice to anyone, setoff any liability owed
to any Borrower or any Guarantor or any other Loan Party by Lender against any of the Obligations, whether or not due. 
 17.11
Survival. All representations and warranties made by the Loan Parties in the Loan Documents and in the certificates or other instruments delivered in connection with or pursuant to this Agreement or any other Loan Document shall be
considered to have been relied upon by the other parties hereto and shall survive the execution and delivery of the Loan Documents and the making of any loans and issuance of any Letters of Credit, regardless of any investigation made by any such
other party or on its behalf and notwithstanding that Lender may have had notice or knowledge of any Default or Event of Default or incorrect representation or warranty at the time any credit is extended hereunder, and shall continue in full force
and effect as long as any of the Obligations is outstanding and unpaid or any Letter of Credit is outstanding and so long as the obligation of Lender to provide extensions of credit hereunder has not expired or been terminated. 

17.12 Patriot Act. Lender hereby notifies the Loan Parties that pursuant to the requirements of the Patriot Act, it is required
to obtain, verify and record information that identifies each Loan Party, which information includes the name and address of each Loan Party and other information that will allow such Lender to identify each Loan Party in accordance with the Patriot
Act. In addition, if Lender is required by law or regulation or internal policies to do so, it shall have the right to periodically conduct (a) Patriot Act searches, OFAC/PEP searches, and customary individual background checks for the Loan
Parties, and (b) OFAC/PEP searches and customary individual background checks of the Loan Parties’ senior management and key principals, and each Borrower and each other Loan Party agrees to cooperate in respect of the

  
 49 

 
conduct of such searches and further agrees that the reasonable costs and charges for such searches shall constitute Lender Expenses hereunder and be for the account of Borrowers. 

17.13 Integration. This Agreement, together with the other Loan Documents, reflects the entire understanding of the parties with
respect to the transactions contemplated hereby and shall not be contradicted or qualified by any other agreement, oral or written, before the date hereof. The foregoing to the contrary notwithstanding, all Bank Product Agreements, if any, are
independent agreements governed by the written provisions of such Bank Product Agreements, which will remain in full force and effect, unaffected by any repayment, prepayments, acceleration, reduction, increase, or change in the terms of any credit
extended hereunder, except as otherwise expressly provided in such Bank Product Agreement. 
 17.14 Bank Product Providers.
Each Bank Product Provider shall be deemed a third party beneficiary hereof and of the provisions of the other Loan Documents for purposes of any reference in a Loan Document to the parties for whom Lender is acting. Lender hereby agrees to act as
agent for such Bank Product Providers and, by virtue of entering into a Bank Product Agreement, the applicable Bank Product Provider shall be automatically deemed to have appointed Lender as its agent and to have accepted the benefits of the Loan
Documents; it being understood and agreed that the rights and benefits of each Bank Product Provider under the Loan Documents consist exclusively of such Bank Product Provider’s being a beneficiary of the Liens and security interests (and, if
applicable, guarantees) granted to Lender and the right to share in and receive payments and collections of the Collateral and payments from Lender from amounts charged to the Loan Account or that are otherwise collected from the Loan Parties for
the account of a Bank Product Provider as more fully set forth herein and in the other Loan Documents. In addition, each Bank Product Provider, by virtue of entering into a Bank Product Agreement, shall be automatically deemed to have agreed that
Lender shall have the right, but shall have no obligation, to establish, maintain, relax, or release Reserves in respect of the Bank Product Obligations and that if Reserves are established there is no obligation on the part of Lender to determine
or ensure whether the amount of any such Reserve is appropriate or not. Notwithstanding anything to the contrary in this Agreement or any other Loan Document, no Bank Product Provider (other than Lender in its capacity as lender hereunder) shall
have any voting or approval rights hereunder solely by virtue of its status as the provider or holder of such agreements or products or the Obligations owing thereunder, nor shall the consent of any such provider or holder be required for any matter
hereunder or under any of the other Loan Documents, including as to any matter relating to the Collateral or the release of Collateral or any other Loan Party. 

[Signature page to follows] 

  
 50 

 IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed and
delivered under seal as of the date first above written. 
  

							
		 	BORROWERS:
			
		 		 	COUPONS.COM INCORPORATED
				
		 		 	By:	 	 /s/ Steven R. Boal

		 		 	Print Name:	 	Steven R. Boal
		 		 	Title:	 	President and Chief Executive Officer

							
		 		 	    Fed. Employer ID No.:	 	77-0485123
		 		 	    Organizational ID No.:	 	4607217

							
		
		 	LENDER:
			
		 		 	WELLS FARGO BANK, NATIONAL ASSOCIATION
				
		 		 	By:	 	 /s/ Wai Y. Cheng

		 		 	Print Name:	 	Wai Y. Cheng
		 		 	Title:	 	Authorized Signatory

 WFBC/Coupons.com 
 Credit and
Security Agreement 

 Schedule 1.1 

a. Definitions. As used in this Agreement, the following terms shall have the following definitions: 

“Account” means an account (as that term is defined in Article 9 of the Code). 

“Account Debtor” means an account debtor (as that term is defined in the Code). 

“Acquired Indebtedness” means Indebtedness of a Person whose assets or Stock is acquired by any Borrower or any of its
Subsidiaries in a Permitted Acquisition; provided, however, that such Indebtedness (a) is either Purchase Money Indebtedness (and any Refinancing Indebtedness that refinances such Purchase Money Indebtedness) or a Capital Lease
with respect to Equipment or mortgage financing with respect to Real Property, (b) was in existence prior to the date of such Permitted Acquisition, and (c) was not incurred in connection with, or in contemplation of, such Permitted
Acquisition. 
 “Acquisition” means (a) the purchase or other acquisition by a Person or its Subsidiaries of all or
substantially all of the assets of (or any division or business line of) any other Person, or (b) the purchase or other acquisition (whether by means of a merger, amalgamation, consolidation, or otherwise) by a Person or its Subsidiaries of all
or substantially all of the Stock of any other Person. 
 “Additional Documents” has the meaning specified therefor in
Section 6.15. 
 “Advances” has the meaning specified therefor in Section 2.1(a). 

“Affiliate” means, as applied to any Person, any other Person who controls, is controlled by, or is under common control
with, such Person. For purposes of this definition, “control” means the possession, directly or indirectly through one or more intermediaries, of the power to direct the management and policies of a Person, whether through the ownership of
Stock, by contract, or otherwise; provided, however, that, for purposes of the definition of Eligible Accounts and Section 7.12: (a) any Person which owns directly or indirectly 10% or more of the Stock having ordinary
voting power for the election of the board of directors or equivalent governing body of a Person or 10% or more of the partnership or other ownership interests of a Person (other than as a limited partner of such Person) shall be deemed an Affiliate
of such Person, (b) each director (or comparable manager) of a Person shall be deemed to be an Affiliate of such Person, and (c) each partnership in which a Person is a general partner shall be deemed an Affiliate of such Person. 

“Agreement” means the Credit and Security Agreement to which this Schedule 1.1 is attached. 

“Applicable Margin” means 2.75 percentage points per annum; provided that upon satisfaction of the following conditions
precedent (as reasonably determined by Lender), the Applicable Margin shall mean 2.50 percentage points per annum: (i) Borrowers have achieved positive EBITDA for each of three consecutive quarters (determined on a fiscal quarter by fiscal
quarter basis) after the Closing Date; (ii) Borrowers have provided Lender with a 

  
 Schedule 1.1 

Page 1 

 
written request to reduce the Applicable Margin (an “Applicable Margin Decrease Notice”), together with such information and calculations as Lender shall reasonably request to
substantiate that the foregoing EBITDA requirement has been satisfied, at least 10 days prior to the effective date of any such decrease (including, without limitation, Lender’s receipt of Borrowers’ unaudited financial statements for each
such fiscal quarter in accordance with Schedule 6.1); and (iii) no Event of Default shall have occurred and be continuing as of both the date of the request to decrease the Applicable Margin and as of the date that the Applicable Margin
decrease becomes effective. Such decrease in the Applicable Margin (if applicable), shall be effective on the first calendar day of the first calendar month after the foregoing conditions precedent have been satisfied. In the event that the
information regarding Borrowers’ EBITDA provided to Lender is shown to be inaccurate, and such inaccuracy, if corrected, would have led to the application of a higher Applicable Margin for any period than the Applicable Margin actually applied
for such period, then (i) Borrowers shall immediately deliver to Lender corrected information, (ii) the Applicable Margin shall be determined as if the correct Applicable Margin were applicable for such period, and (iii) Borrowers
shall immediately deliver to Lender full payment in respect of the accrued additional interest as a result of such increased Applicable Margin for such period, which payment shall be promptly applied by Lender to the affected Obligations. 

“Authorized Person” means any one of the individuals identified on Schedule
A-2, as such schedule is updated from time to time by written notice from Borrowers to Lender. 

“Availability” means, as of any date of determination, the amount that Borrowers are entitled to borrow as additional
Advances under Section 2.1 (after giving effect to all then outstanding Obligations). 
 “Bank Product” means
any one or more of the following financial products or accommodations extended to a Loan Party or any of its Subsidiaries by a Bank Product Provider: (a) commercial credit cards, (b) commercial credit card processing services,
(c) debit cards, (d) stored value cards, (e) purchase cards (including so-called “procurement cards” or “P-cards”), (f) Cash Management Services, or (g) transactions under Hedge Agreements. 

“Bank Product Agreements” means those agreements entered into from time to time by a Loan Party or any of its Subsidiaries
with a Bank Product Provider in connection with the obtaining of any of the Bank Products, including all Cash Management Documents. 

“Bank Product Collateralization” means providing cash collateral (pursuant to documentation reasonably satisfactory to
Lender) to be held by Lender for the benefit of the Bank Product Provider in an amount reasonably determined by Lender as sufficient to satisfy the reasonably estimated credit exposure with respect to the then existing Bank Product Obligations
(other than Hedge Obligations). 
 “Bank Product Obligations” means (a) all obligations, indebtedness, liabilities,
reimbursement obligations, fees, or expenses owing by a Loan Party or any of its Subsidiaries to Lender or another Bank Product Provider pursuant to or evidenced by a Bank Product Agreement and irrespective of whether for the payment of money,
whether direct or indirect, absolute or contingent, liquidated or unliquidated, determined or undetermined, voluntary or 

  
 Schedule 1.1 

Page 2 

 
involuntary, due, not due or to become due, incurred in the past or now existing or hereafter arising, however arising and (b) all Hedge Obligations. 

“Bank Product Provider” means Lender or any of its Affiliates that provide Bank Products to a Loan Party or any of its
Subsidiaries. 
 “Bank Product Reserve Amount” means, as of any date of determination, the Dollar amount of reserves that
Lender has determined it is necessary or appropriate to establish (based upon Lender’s reasonable determination of the credit and operating risk exposure to Loan Party and its Subsidiaries in respect of Bank Product Obligations) in respect of
Bank Products then provided or outstanding. 
 “Bankruptcy Code” means title 11 of the United States Code, as in effect
from time to time. 
 “Benefit Plan” means a “defined benefit plan” (as defined in Section 3(35) of ERISA)
for which any Borrower or any of its Subsidiaries or ERISA Affiliates has been an “employer” (as defined in Section 3(5) of ERISA) within the past six years. 

“Board of Directors” means the board of directors (or comparable managers) of a Borrower or any other Loan Party or any
committee thereof duly authorized to act on behalf of the board of directors (or comparable managers). 
 “Books” means
books and records (including a Borrower’s or any other Loan Party’s Records indicating, summarizing, or evidencing such Borrower’s or such other Loan Party’s assets (including the Collateral) or liabilities, such Borrower’s
or such other Loan Party’s Records relating to such Borrower’s or such other Loan Party’s business operations or financial condition, or such Borrower’s or such other Loan Party’s Goods or General Intangibles related to such
information). For the avoidance of doubt, “Books” shall mean one complete set of such books and records, and shall not include duplicate copies of such books and records (or any portion thereof) maintained offsite by employees of the
Borrowers in the ordinary course of business. 
 “Borrowers” means Coupons.com Incorporated, a Delaware corporation, and
any other Person that may become a Borrower under this Agreement and the other Loan Documents with the consent of Lender (which consent may be granted or withheld in Lender’s sole discretion). 

“Borrowing” means a borrowing consisting of Advances (i) requested by Borrowers, (ii) made automatically pursuant
to Section 2.3(c) without the request of Borrowers, (iii) made by Lender pursuant to Section 2.6(c), or (iv) that consists of a Protective Advance. 

“Borrowing Base” means, as of any date of determination, the result of: 

 

	 	(a)	85% of the amount of Eligible Accounts, minus 

  

	 	(b)	the aggregate amount of Reserves, if any, established by Lender. 

  
 Schedule 1.1 

Page 3 

 “Borrowing Base Certificate” means a form of borrowing base certificate in form
and substance acceptable to Lender. 
 “Business Day” means any day that is not a Saturday, Sunday, or other day on which
banks are authorized or required to close pursuant to the rules and regulations of the Federal Reserve System. 
 “Capital
Expenditures” means, with respect to any Person for any period, the aggregate of all expenditures by such Person and its Subsidiaries during such period that are capital expenditures as determined in accordance with GAAP, whether such
expenditures are paid in cash or financed. 
 “Capitalized Lease Obligation” means that portion of the obligations under a
Capital Lease that is required to be capitalized in accordance with GAAP. 
 “Capital Lease” means a lease that is required
to be capitalized for financial reporting purposes in accordance with GAAP. 
 “Cash Equivalents” means (a) marketable
direct obligations issued by, or unconditionally guaranteed by, the United States or issued by any agency thereof and backed by the full faith and credit of the United States, in each case maturing within 1 year from the date of acquisition thereof,
(b) marketable direct obligations issued or fully guaranteed by any state of the United States or any political subdivision of any such state or any public instrumentality thereof maturing within 1 year from the date of acquisition thereof and
having one of the two highest ratings obtainable from either Standard & Poor’s Rating Group (“S&P”) or Moody’s Investors Service, Inc. (“Moody’s”), (c) commercial paper maturing no more
than 270 days from the date of creation thereof and, at the time of acquisition, having a rating of at least A-1 from S&P or at least P-1 from Moody’s, (d) certificates of deposit, time deposits, overnight bank deposits or
bankers’ acceptances maturing within 1 year from the date of acquisition thereof issued by any bank organized under the laws of the United States or any state thereof or the District of Columbia or any United States branch of a foreign bank
having combined capital and surplus of not less than $250,000,000, (e) Deposit Accounts maintained with (i) any bank that satisfies the criteria described in clause (d) above, or (ii) any other bank organized under the laws of
the United States or any state thereof so long as the full amount maintained with any such other bank is insured by the Federal Deposit Insurance Corporation, (f) repurchase obligations of any commercial bank satisfying the requirements of
clause (d) of this definition or recognized securities dealer having combined capital and surplus of not less than $250,000,000, having a term of not more than seven days, with respect to securities satisfying the criteria in clauses
(a) or (d) above, (g) debt securities with maturities of six months or less from the date of acquisition backed by standby letters of credit issued by any commercial bank satisfying the criteria described in clause (d) above, and
(h) Investments in money market funds substantially all of whose assets are invested in the types of assets described in clauses (a) through (g) above. 

“Cash Management Documents” means the agreements governing each of the Cash Management Services of Lender utilized by a Loan
Party, which agreements shall currently include the Master Agreement for Treasury Management Services or other applicable treasury management services agreement, the “Acceptance of Services”, the “Service Description”

  
 Schedule 1.1 

Page 4 

 
governing each such treasury management service used by a Loan Party, and all replacement or successor agreements which govern such Cash Management Services of Lender. 

“Cash Management Services” means any cash management or related services including treasury, depository, return items,
overdraft, controlled disbursement, merchant stored value cards, e-payables services, electronic funds transfer, interstate depository network, automatic clearing house transfer (including the Automated Clearing House processing of electronic funds
transfers through the direct Federal Reserve Fedline system) and other cash management arrangements. 
 “Cash Management Transition
Period” has the meaning specified in Section 6.12(j)(i). 
 “CFC” means a controlled foreign
corporation (as that term is defined in the IRC). 
 “Change of Control” means that (a) any “person” or
“group” (within the meaning of Sections 13(d) and 14(d) of the Exchange Act), other than Permitted Holders, becomes the beneficial owner (as defined in Rule 13d-3 under the Exchange Act), directly or indirectly, of 20%, or more, of the
Stock of a Borrower having the right to vote for the election of members of the Board of Directors, (b) a majority of the members of the Board of Directors do not constitute Continuing Directors, or (c) Borrowers fail to own and control,
directly or indirectly, 100% of the Stock of each other Loan Party (other than pursuant to a transaction permitted under this Agreement). 

“Chattel Paper” means chattel paper (as that term is defined in the Code), and includes tangible chattel paper and electronic
chattel paper. 
 “Closing Date” means the date of the making of the initial Advance (or other extension of credit) under
this Agreement. 
 “Code” means the California Uniform Commercial Code, as in effect from time to time; provided, however,
that in the event that, by reason of mandatory provisions of law, any or all of the attachment, perfection, priority, or remedies with respect to Lender’s Lien on any Collateral is governed by the Uniform Commercial Code as enacted and in
effect in a jurisdiction other than the State of California, the term “Code” shall mean the Uniform Commercial Code as enacted and in effect in such other jurisdiction solely for purposes of the provisions thereof relating to such
attachment, perfection, priority, or remedies. To the extent that defined terms set forth herein shall have different meanings under different Articles under the Uniform Commercial Code, the meaning assigned to such defined term under Article 9 of
the Uniform Commercial Code shall control. 
 “Collateral” means all of each Borrower’s and each Guarantor’s now
owned or hereafter acquired: 
 (a) Accounts; 

(b) Books; 

  
 Schedule 1.1 

Page 5 

 (c) Chattel Paper; 

(d) Deposit Accounts; 
 (e)
Goods, including Equipment and Fixtures; 
 (f) General Intangibles; 

(g) Inventory; 
 (h) Investment
Related Property; 
 (i) Negotiable Collateral; 

(j) Supporting Obligations; 

(k) Commercial Tort Claims; 

(l) money, Cash Equivalents, or other assets of such Loan Party that now or hereafter come into the possession, custody, or control of Lender
(or its agent or designee); and 
 (m) all of the proceeds (as such term is defined in the Code) and products, whether tangible or
intangible, of any of the foregoing, including proceeds of insurance or Commercial Tort Claims covering or relating to any or all of the foregoing, and any and all Accounts, Books, Chattel Paper, Deposit Accounts, Equipment, Fixtures, General
Intangibles (including, without limitation, Intellectual Property and Intellectual Property Licenses), Inventory, Investment Related Property, Negotiable Collateral, Supporting Obligations, money, or other tangible or intangible property resulting
from the sale, lease, license, exchange, collection, or other disposition of any of the foregoing, the proceeds of any award in condemnation with respect to any of the foregoing, any rebates or refunds, whether for taxes or otherwise, and all
proceeds of any such proceeds, or any portion thereof or interest therein, and the proceeds thereof, and all proceeds of any loss of, damage to, or destruction of the above, whether insured or not insured, and, to the extent not otherwise included,
any indemnity, warranty, or guaranty payable by reason of loss or damage to, or otherwise with respect to any of the foregoing (collectively, the “Proceeds”). Without limiting the generality of the foregoing, the term
“Proceeds” includes whatever is receivable or received when Investment Related Property or proceeds are sold, exchanged, collected, or otherwise disposed of, whether such disposition is voluntary or involuntary, and includes proceeds of
any indemnity or guaranty payable to such Loan Party or Lender from time to time with respect to any of the Investment Related Property; provided that, notwithstanding anything in this Agreement or any other Loan Document to the contrary, Collateral
shall not include any Excluded Collateral. 
 “Collateral Access Agreement” means a landlord waiver, bailee letter, or
acknowledgement agreement of any lessor, warehouseman, processor, consignee, or other Person in possession of, having a Lien upon, or having rights or interests in the Books, Equipment, Accounts or Inventory of any Loan Party or any of its
Subsidiaries, in each case, in favor of Lender with respect to the Collateral at such premises or otherwise in the custody, control or 

  
 Schedule 1.1 

Page 6 

 
possession of such lessor, warehouseman, processor, consignee or other Person and in form and substance reasonably satisfactory to Lender. 

“Collection Account” means the Deposit Account identified on Schedule A-1. 

“Collections” means all cash, checks, notes, instruments, and other items of payment (including insurance Proceeds, cash
Proceeds of asset sales, rental Proceeds, and tax refunds). 
 “Commercial Tort Claims” means commercial tort claims (as
that term is defined in the Code), and includes those commercial tort claims listed on Schedule 5.6(d) to the Information Certificate. 

“Compliance Certificate” means a certificate substantially in the form of Exhibit A delivered by the chief financial
officer of each Borrower to Lender. 
 “Confidential Information” has the meaning specified therefor in
Section 17.8. 
 “Continuing Director” means (a) any member of the Board of Directors who was a director
(or comparable manager) of any other Loan Party on the Closing Date, and (b) any individual who becomes a member of the Board of Directors of any other Loan Party after the Closing Date if such individual was approved, appointed or nominated
for election to the Board of Directors by either the Permitted Holders or a majority of the Continuing Directors, but excluding any such individual originally proposed for election in opposition to the Board of Directors in office at the Closing
Date in an actual or threatened election contest relating to the election of the directors (or comparable managers) of any Loan Party and whose initial assumption of office resulted from such contest or the settlement thereof. 

“Control Agreement” means a control agreement, in form and substance reasonably satisfactory to Lender, executed and
delivered by a Loan Party or any Subsidiary of a Loan Party, Lender, and the applicable securities intermediary (with respect to a Securities Account) or bank (with respect to a Deposit Account) or issuer, (with respect to uncertificated
securities). 
 “Controlled Account” has the meaning specified therefor in Section 6.12(j). 

“Controlled Account Bank” has the meaning specified therefor in Section 6.12 (j). 

“Copyrights” means any and all rights in any works of authorship, including (i) copyrights, (ii) copyright
registrations and recordings thereof and all applications in connection therewith including those listed on Schedule 5.26(b) to the Information Certificate, (iii) income, license fees, royalties, damages, and payments now and hereafter
due or receivable under and with respect thereto, including payments under all licenses entered into in connection therewith and damages and payments for past, present, or future infringements thereof, (iv) the right to sue for past, present,
and future infringements thereof, and (v) all of each Borrower’s and each other Loan Party’s rights corresponding thereto throughout the world. 

  
 Schedule 1.1 

Page 7 

 “Copyright Security Agreement” means each Copyright Security Agreement executed
and delivered by a Borrower or another Loan Party and Lender, in form and substance reasonably acceptable to Lender. 
 “Coupons
BVI” means Coupons.com Holdings (BVI) Limited, a British Virgin Islands corporation. 
 “Coupons UK” means
Coupons.com Limited, a private limited company organized under the laws of England and Wales. 
 “Credit Facility” means
the Revolving Credit Facility. 
 “Daily Balance” means, as of any date of determination and with respect to any
Obligation, the amount of such Obligation owed at the end of such day. 
 “Daily Three Month LIBOR” means, for any day the
rate per annum (rounded upward to the nearest whole 1/8th of 1%) for United States dollar deposits determined by Lender for the purpose of calculating the effective Interest Rate for loans that reference Daily Three Month LIBOR as the Inter-Bank
Market Offered Rate in effect from time to time for the 3 month delivery of funds in amounts approximately equal to the principal amount of such loans. Borrowers understand and agree that Lender may base its determination of the Inter-Bank Market
Offered Rate upon such offers or other market indicators of the Inter-Bank Market as Lender in its discretion deems appropriate, including but not limited to the rate offered for U.S. dollar deposits on the London Inter-Bank Market. When interest is
determined in relation to Daily Three Month LIBOR, each change in the interest rate shall become effective each Business Day that Lender determines that Daily Three Month LIBOR has changed. 

“Default” means an event, condition, or default that, with the giving of notice, the passage of time, or both, would be an
Event of Default. 
 “Deposit Account” means any deposit account (as that term is defined in the Code). 

“Designated Account” means the operating Deposit Account of Borrowers at Lender identified on Schedule D-1. 

“Dilution” means, as of any date of determination, a percentage that is the result of dividing the Dollar amount of
(a) bad debt write-downs, discounts, advertising allowances, credits, deductions, or other dilutive items as determined by Lender with respect to Borrowers’ Accounts, by (b) Borrowers’ billings with respect to Accounts. 

“Dilution Reserve” means, as of any date of determination, the difference between (i) the dollar amount of Eligible
Accounts calculated at the stated advance rate against Eligible Accounts set forth in the definition of Borrowing Base and (ii) the dollar amount of Eligible Accounts calculated by reducing the stated advance rate against Eligible Accounts set
forth in the definition of Borrowing Base by 1 percentage point for each percentage point by which Dilution is in excess of 5%. 

  
 Schedule 1.1 

Page 8 

 “Dollars” or “$” means United States dollars. 

“Drawing Document” means any Letter of Credit or other document presented for purposes of drawing under any Letter of Credit.

 “EBITDA” means, with respect to any measurement period, the consolidated net income (or loss), of each of the Loan
Parties and their respective Subsidiaries, minus extraordinary gains, interest income, non-operating income and income tax benefits and decreases in any change in LIFO reserves, plus non-cash extraordinary losses (including, without limitation, the
amount of any asset impairments and investment write-offs), Interest Expense, income taxes, depreciation and amortization and increases in any change in LIFO reserves for such period, in each case, determined on a consolidated basis in accordance
with GAAP. 
 “Eligible Accounts” means those Accounts created by each Borrower in the ordinary course of its business,
that arise out of such Borrower’s sale of Goods or rendition of services, that comply with each of the representations and warranties respecting Eligible Accounts made in the Loan Documents, and that are not excluded as ineligible by virtue of
one or more of the excluding criteria set forth below; provided, however, that such criteria may be revised from time to time by Lender in Lender’s Permitted Discretion. In determining the amount to be included, Eligible Accounts
shall be calculated net of customer deposits, credits and unapplied cash. Eligible Accounts shall not include the following: 
 (a) Accounts
that the Account Debtor has failed to pay within 60 days of the original due date, not to exceed 120 days from original invoice date; 
 (b)
Accounts with selling terms of more than 60 days; 
 (c) Accounts owed by an Account Debtor (or its Affiliates) where 25% or more of all
Accounts owed by that Account Debtor (or its Affiliates) are deemed ineligible under clauses (a) or (b) above or clauses (i) or (s) below; 

(d) Accounts with respect to which the Account Debtor is an Affiliate, agent or equity owner of such Borrower or an employee or agent of such
Borrower or any Affiliate of such Borrower; 
 (e) Accounts arising in a transaction wherein Goods are placed on consignment or are sold
pursuant to a guaranteed sale, a sale or return, a sale on approval, or any other terms by reason of which the payment by the Account Debtor may be conditional or contingent; 

(f) Accounts that are not payable in Dollars; 

(g) Accounts with respect to which the Account Debtor either (i) does not maintain its chief executive office in the United States or
Canada (excluding the Province of Quebec), or (ii) is not organized under the laws of the United States or any state thereof or Canada (excluding the Province of Quebec), or (iii) is the government of any foreign country or sovereign
state, or of any state, province, municipality, or other political subdivision thereof, or of any department, agency, public corporation, or other instrumentality thereof, unless (x) the 

  
 Schedule 1.1 

Page 9 

 
Account is supported by an irrevocable letter of credit reasonably satisfactory to Lender (as to form, substance, and issuer or domestic confirming bank) that has been delivered to Lender and is
directly drawable by Lender, (y) the Account is covered by credit insurance in form, substance, and amount, and by an insurer, reasonably satisfactory to Lender, or (z) the Account is guaranteed pursuant to an approved working capital
guarantee from the Export-Import Bank of the United States in favor of Lender and acceptable to Lender in all respects; 
 (h) Accounts with
respect to which the Account Debtor is either (i) the United States or any department, agency, or instrumentality of the United States (exclusive, however, of Accounts with respect to which such Borrower has complied, to the reasonable
satisfaction of Lender, with the Assignment of Claims Act, 31 USC §3727), or (ii) any state of the United States; 
 (i) Accounts
with respect to which the Account Debtor is a creditor of such Borrower, has or has asserted a right of setoff, or has disputed its obligation to pay all or any portion of the Account, to the extent of such claim, right of setoff, or dispute; 

(j) That portion of Accounts which reflect a reasonable reserve for warranty claims or returns or amounts which are owed to account debtors,
including those for rebates, allowances, co-op advertising, new store allowances or other deductions; 
 (k) Accounts owing by a single
Account Debtor or group of Affiliated Account Debtors (other than Proctor and Gamble and its Affiliates) whose total obligations owing to Borrower exceed twenty five percent (25%) of the aggregate amount of all otherwise Eligible Accounts and
such Accounts owing by each of Proctor and Gamble and its Affiliates which, in each case, exceed thirty five percent (35%) of the aggregate amount of all otherwise Eligible Accounts (but the portion of the Accounts not in excess of the
foregoing applicable percentages may be deemed Eligible Accounts), such percentages being subject to reduction if the creditworthiness of such Account Debtor deteriorates; 

(l) Accounts with respect to which the Account Debtor is subject to an Insolvency Proceeding, is not Solvent, has gone out of business, or as
to which such Borrower has received notice of an imminent Insolvency Proceeding or a material impairment of the financial condition of such Account Debtor; 

(m) Accounts, the collection of which, Lender, in its Permitted Discretion, believes to be doubtful by reason of the Account Debtor’s
financial condition; 
 (n) Accounts representing credit card sales sales or “C.O.D.” sales; 

(o) Accounts that are not subject to a valid and perfected first priority Lien in favor of Lender or that are subject to any other Lien; 

(p) Accounts that consist of progress billings (such that the obligation of the Account Debtors with respect to such Accounts is conditioned
upon such Borrower’s satisfactory completion of any further performance under the agreement giving rise thereto) or retainage invoices; 

  
 Schedule 1.1 

Page 10 

 (q) Accounts with respect to which the Account Debtor is a Sanctioned Person or Sanctioned
Entity; 
 (r) that portion of Accounts which represent finance charges, service charges, sales taxes or excise taxes; 

(s) that portion of Accounts which has been restructured, extended, amended or otherwise modified; 

(t) [Intentionally Omitted]; 

(u) Accounts which have not been invoiced; 

(v) Accounts constituting (i) Proceeds of copyrightable material unless such copyrightable material shall have been registered with the
United States Copyright Office, or (ii) Proceeds of patentable inventions unless such patentable inventions have been registered with the United States Patent and Trademark Office; 

(w) Accounts acquired in connection with a Permitted Acquisition, until the completion of an examination of such Accounts, in each case,
reasonably satisfactory to Lender (which examination may be conducted prior to the closing of such Permitted Acquisition); 
 (x) Accounts
that are not substantially conforming to with the terms and conditions set forth in the Interactive Advertising Board or the applicable Borrower standard form agreement; and 

(y) Accounts or that portion of Accounts otherwise deemed ineligible by Lender in its Permitted Discretion. 

Any Accounts which are not Eligible Accounts shall nonetheless constitute Collateral. 

“Environmental Action” means any written complaint, summons, citation, notice, directive, order, claim, litigation,
investigation, judicial or administrative proceeding, judgment, letter, or other written communication from any Governmental Authority, or any third party involving violations of Environmental Laws or releases of Hazardous Materials (a) from
any assets, properties, or businesses of any Loan Party, any Subsidiary of a Loan Party, or any of their predecessors in interest, (b) from adjoining properties or businesses, or (c) from or onto any facilities which received Hazardous
Materials generated by any Loan Party, any Subsidiary of a Loan Party, or any of their predecessors in interest. 
 “Environmental
Law” means any applicable federal, state, provincial, foreign or local statute, law, rule, regulation, ordinance, code, binding and enforceable guideline, binding and enforceable written policy, or rule of common law now or hereafter in
effect and in each case as amended, or any judicial or administrative interpretation thereof, including any judicial or administrative order, consent decree or judgment, in each case, to the extent binding on any Loan Party or any of its
Subsidiaries, relating to the environment, the effect of the environment on employee health, or Hazardous Materials, in each case as amended from time to time. 

  
 Schedule 1.1 

Page 11 

 “Environmental Liabilities” means all liabilities, monetary obligations, losses,
damages, costs and expenses (including all reasonable fees, disbursements and expenses of counsel, experts, or consultants, and costs of investigation and feasibility studies), fines, penalties, sanctions, and interest incurred as a result of any
claim or demand, or Remedial Action required, by any Governmental Authority or any third party, and which relate to any Environmental Action. 

“Environmental Lien” means any Lien in favor of any Governmental Authority for Environmental Liabilities. 

“Equipment” means equipment (as that term is defined in the Code). 

“ERISA” means the Employee Retirement Income Security Act of 1974, as amended, and any successor statute thereto. 

“ERISA Affiliate” means (a) any Person subject to ERISA whose employees are treated as employed by the same employer as
the employees of any Loan Party or its Subsidiaries under IRC Section 414(b), (b) any trade or business subject to ERISA whose employees are treated as employed by the same employer as the employees of any Loan Party or its Subsidiaries
under IRC Section 414(c), (c) solely for purposes of Section 302 of ERISA and Section 412 of the IRC, any organization subject to ERISA that is a member of an affiliated service group of which any Loan Party or any of its
Subsidiaries is a member under IRC Section 414(m), or (d) solely for purposes of Section 302 of ERISA and Section 412 and 430 of the IRC, any Person subject to ERISA that is a party to an arrangement with any Loan Party or any of
its Subsidiaries and whose employees are aggregated with the employees of a Loan Party or its Subsidiaries under IRC Section 414(o). 

“Event of Default” has the meaning specified therefor in Section 9. 

“Excess Availability” means, as of any date of determination, the amount equal to Availability minus the aggregate amount, if
any, of all trade payables and other obligations each Borrower and its Subsidiaries aged in excess of 60 days beyond their terms as of the end of the immediately preceding month, and all book overdrafts and fees of each Borrower and its
Subsidiaries, in each case as determined by Lender in its Permitted Discretion. 
 “Exchange Act” means the Securities
Exchange Act of 1934, as in effect from time to time. 
 “Excluded Accounts” has the meaning specified therefor in
Section 6.12(j). 
 “Excluded Collateral” has the meaning specified therefor in Section 3.1. 

“Fixtures” means fixtures (as that term is defined in the Code). 

“Funding Date” means the date on which a Borrowing occurs. 

“GAAP” means generally accepted accounting principles as in effect from time to time in the United States, consistently
applied; provided, however, that all calculations relative to 

  
 Schedule 1.1 

Page 12 

 
liabilities shall be made without giving effect to Statement of Financial Accounting Standards No. 159. 

“General Intangibles” means general intangibles (as that term is defined in the Code), and includes payment intangibles,
contract rights, rights to payment, rights under Hedge Agreements (including the right to receive payment on account of the termination (voluntarily or involuntarily) of any such Hedge Agreements), rights arising under common law, statutes, or
regulations, choses or things in action, goodwill, Intellectual Property, Intellectual Property Licenses, purchase orders, customer lists, monies due or recoverable from pension funds, route lists, rights to payment and other rights under any
royalty or licensing agreements, including Intellectual Property Licenses, infringement claims, pension plan refunds, pension plan refund claims, insurance premium rebates, tax refunds, and tax refund claims, interests in a partnership or limited
liability company which do not constitute a security under Article 8 of the Code, and any other personal property other than Commercial Tort Claims, money, Accounts, Chattel Paper, Deposit Accounts, Goods, Investment Related Property, Negotiable
Collateral, and oil, gas, or other minerals before extraction. 
 “Goods” means goods (as that term is defined in the
Code). 
 “Governing Documents” means, with respect to any Person, the certificate or articles of incorporation, by-laws,
or other organizational documents of such Person. 
 “Governmental Authority” means any federal, state, local, or other
governmental or administrative body, instrumentality, board, department, or agency or any court, tribunal, administrative hearing body, arbitration panel, commission, or other similar dispute-resolving panel or body. 

“Guarantors” means (a) each Subsidiary of a Borrower (other than (i) Cleo Holding Corporation, a Delaware
corporation, Coupons, Inc., a California corporation, Coupons BVI, and Coupons UK, and (ii) any Subsidiary that is not required to become a Guarantor pursuant to Section 6), and (b) each other Person that becomes a guarantor
after the Closing Date pursuant to Sections 6.15 or 6.16, and each of them is a “Guarantor”. 

“Guaranty” means any guaranty agreement delivered at any time by a Guarantor in favor of Lender, and all of such guaranties
are, collectively, the “Guaranties”. 
 “Hazardous Materials” means (a) substances that are defined
or listed in, or otherwise classified pursuant to, any applicable laws or regulations as “hazardous substances,” “hazardous materials,” “hazardous wastes,” “toxic substances,” or any other formulation intended
to define, list, or classify substances by reason of deleterious properties such as ignitability, corrosivity, reactivity, carcinogenicity, reproductive toxicity, or “EP toxicity”, (b) oil, petroleum, or petroleum derived substances,
natural gas, natural gas liquids, synthetic gas, drilling fluids, produced waters, and other wastes associated with the exploration, development, or production of crude oil, natural gas, or geothermal resources, (c) any flammable substances or
explosives or any radioactive materials, and (d) asbestos in any form or electrical equipment that contains any oil or dielectric fluid containing levels of polychlorinated biphenyls in excess of 50 parts per million. 

  
 Schedule 1.1 

Page 13 

 “Hedge Agreement” means a “swap agreement” as that term is defined in
Section 101(53B) (A) of the Bankruptcy Code. 
 “Hedge Obligations” means any and all obligations or liabilities,
whether direct or indirect, absolute or contingent, liquidated or unliquidated, determined or undetermined, voluntary or involuntary, due, not due or to become due, incurred in the past or now existing or hereafter arising, however arising of any
Loan Party or any of its Subsidiaries arising under, owing pursuant to, or existing in respect of Hedge Agreements entered into with Lender or another Bank Product Provider. 

“Indebtedness” as to any Person means, without duplication, (a) all obligations of such Person for borrowed money,
(b) all obligations of such Person evidenced by bonds, debentures, notes, or other similar instruments and all reimbursement or other obligations in respect of letters of credit, bankers acceptances, or other financial products, (c) all
obligations of such Person as a lessee under Capital Leases, (d) all obligations or liabilities of others secured by a Lien on any asset of such Person, irrespective of whether such obligation or liability is assumed, (e) all obligations
of such Person to pay the deferred purchase price of assets (other than trade payables incurred in the ordinary course of business and repayable in accordance with customary trade practices), (f) all obligations of such Person owing under Hedge
Agreements (which amount shall be calculated based on the amount that would be payable by such Person if the Hedge Agreement were terminated on the date of determination), (g) any Prohibited Preferred Stock of such Person, and (h) any
obligation of such Person guaranteeing or intended to guarantee (whether directly or indirectly guaranteed, endorsed, co-made, discounted, or sold with recourse) any obligation of any other Person that constitutes Indebtedness under any of
clauses (a) through (g) above. For purposes of this definition, (i) the amount of any Indebtedness represented by a guaranty or other similar instrument shall be the lesser of the principal amount of the obligations
guaranteed and still outstanding and the maximum amount for which the guaranteeing Person may be liable pursuant to the terms of the instrument embodying such Indebtedness, and (ii) the amount of any Indebtedness described in clause
(d) above shall be the lower of the amount of the obligation and the fair market value of the assets of such Person securing such obligation. 

“Indemnified Liabilities” has the meaning specified therefor in Section 11.3. 

“Indemnified Person” has the meaning specified therefor in Section 11.3. 

“Information Certificate” means the Information Certificate completed and executed by the Loan Parties attached hereto as
Exhibit E. 
 “Insolvency Proceeding” means any proceeding commenced by or against any Person under any provision of
the Bankruptcy Code or under any other state or federal bankruptcy or insolvency law, assignments for the benefit of creditors, receiverships, formal or informal moratoria, compositions, extensions generally with creditors, or proceedings seeking
reorganization, arrangement, or other similar relief. 
 “Intellectual Property” means any and all Patents, Copyrights,
Trademarks, trade secrets, know-how, inventions (whether or not patentable), algorithms, software programs 

  
 Schedule 1.1 

Page 14 

 
(including source code and object code), processes, product designs, industrial designs, blueprints, drawings, data, customer lists, URLs and domain names, specifications, documentations,
reports, catalogs, literature, and any other forms of technology or proprietary information of any kind, including all rights therein and all applications for registration or registrations thereof. 

“Intellectual Property Licenses” means, with respect to any Person (the “Specified Party”), (i) any
licenses or other similar rights provided to the Specified Party in or with respect to Intellectual Property owned or controlled by any other Person, and (ii) any licenses or other similar rights provided to any other Person in or with respect
to Intellectual Property owned or controlled by the Specified Party, in each case, including (A) any software license agreements (other than license agreements for commercially available off-the-shelf software that is generally available to the
public which have been licensed to the Specified Party pursuant to end-user licenses and open source software licenses), (B) the license agreements listed on Schedule 5.26(b) to the Information Certificate, and (C) the right to use
any of the licenses or other similar rights described in this definition in connection with the enforcement of the Lender’s rights under the Loan Documents. 

“Intercompany Subordination Agreement” means an intercompany subordination agreement, executed and delivered by each of the
other Loan Parties and Lender, the form and substance of which is reasonably satisfactory to Lender. 
 “Interest Expense”
means, for any period, the aggregate of the interest expense of Borrowers and their Subsidiaries for such period, determined on a consolidated basis in accordance with GAAP. 

“Interest Rate” means an interest rate equal to Daily Three Month LIBOR, which interest rate shall change whenever Daily
Three Month LIBOR changes. 
 “Inventory” means inventory (as that term is defined in the Code). 

“Investment” means, with respect to any Person, any investment by such Person in any other Person (including Affiliates) in
the form of loans, guarantees, advances, capital contributions (excluding (a) commission, travel, and similar advances to officers and employees of such Person made in the ordinary course of business not to exceed $200,000 in the aggregate
during any fiscal year of Borrowers, and (b) bona fide Accounts arising in the ordinary course of business), or acquisitions of Indebtedness, Stock, or all or substantially all of the assets of such other Person (or of any division or business
line of such other Person), and any other items that are or would be classified as investments on a balance sheet prepared in accordance with GAAP. 

“Investment Related Property” means any and all investment property (as that term is defined in the Code). 

“Investor Debt” means the Indebtedness now or hereafter owing by any Loan Party to the Spieker Living Trust UAD 3/12/2002,
which is evidenced by that certain Securities Purchase Agreement, dated October 5, 2012, between Coupons.com Incorporated and the Spieker Living Trust UAD 3/12/2002 and that certain Secured Promissory Note, dated October 5, 2012, executed
by Coupons.com Incorporated. 

  
 Schedule 1.1 

Page 15 

 “IRC” means the Internal Revenue Code of 1986, as in effect from time to time.

 “ISP” means, with respect to any Letter of Credit, the International Standby Practices 1998 (International Chamber of
Commerce Publication No. 590) and any subsequent revision thereof adopted by the International Chamber of Commerce on the date such Letter of Credit is issued. 

“Lender” has the meaning specified therefor in the preamble to this Agreement and its successors and assigns. 

“Lender Expenses” means all (a) reasonable costs or expenses (including taxes, and insurance premiums) required to be
paid by any Loan Party or any of its Subsidiaries under any of the Loan Documents that are paid, advanced, or incurred by Lender, (b) reasonable out-of-pocket fees or charges paid or incurred by Lender in connection with Lender’s
transactions with any Loan Party or any of its Subsidiaries under any of the Loan Documents, including, fees or charges for photocopying, notarization, couriers and messengers, telecommunication, public record searches (including tax lien, judgment
lien, litigation, bankruptcy and Code searches and including searches with the patent and trademark office, the copyright office, or the department of motor vehicles), filing, recording, publication, and appraisal (including periodic collateral
appraisals or business valuations to the extent of the fees and charges (and up to the amount of any limitation contained in this Agreement)), (c) Lender’s customary fees and charges (as adjusted from time to time) with respect to the
disbursement of funds (or the receipt of funds) to or for the account of Borrowers (whether by wire transfer or otherwise), together with any out of pocket costs and expenses incurred in connection therewith, (d) out-of-pocket charges paid or
incurred by Lender resulting from the dishonor of checks payable by or to any Loan Party, (e) reasonable out-of-pocket costs and expenses paid or incurred by Lender to correct any default or enforce any provision of the Loan Documents, or
during the continuance of an Event of Default, in gaining possession of, maintaining, handling, preserving, storing, shipping, selling, preparing for sale, or advertising to sell the Collateral, or any portion thereof, irrespective of whether a sale
is consummated, (f) without duplication of any fees or expenses payable pursuant to Schedule 2.12, fees and expenses to initiate electronic reporting by Borrowers to Lender, (g) reasonable out-of-pocket examination fees and expenses
(including reasonable travel, meals, and lodging) of Lender related to any inspections, audits, examinations, or appraisals to the extent of the fees and charges (and up to the amount of any limitation) contained in this Agreement,
(h) reasonable out-of-pocket costs and expenses of third party claims or any other suit paid or incurred by Lender in enforcing or defending the Loan Documents or in connection with the transactions contemplated by the Loan Documents or
Lender’s relationship with any Loan Party or any of its Subsidiaries, (i) Lender’s reasonable costs and expenses (including reasonable attorneys fees) incurred in advising, structuring, drafting, reviewing, administering (including
reasonable travel, meals, and lodging), or amending the Loan Documents, (j) Lender’s reasonable costs and expenses (including reasonable attorneys, accountants, consultants, and other advisors fees and expenses) incurred in terminating,
enforcing (including reasonable attorneys, accountants, consultants, and other advisors fees and expenses incurred in connection with a “workout,” a “restructuring,” or an Insolvency Proceeding concerning any Loan Party or any of
its Subsidiaries or in exercising rights or remedies under the Loan Documents), or defending the Loan Documents, irrespective of whether suit is brought, or in taking any Remedial Action concerning the Collateral, and (k) usage charges,
charges, fees, costs and expenses for amendments, renewals, extensions, transfers, 

  
 Schedule 1.1 

Page 16 

 
or drawings from time to time imposed by Lender in respect of Letters of Credit and out-of-pocket charges, fees, costs and expenses paid or incurred by Lender in connection with the issuance,
amendment, renewal, extension, or transfer of, or drawing under, any Letter of Credit or any demand for payment thereunder. 

“Lender Representatives” has the meaning specified therefor in Section 17.8(a). 

“Lender-Related Persons” means Lender, together with its Affiliates (including in their capacity as a Bank Product Provider)
officers, directors, employees, attorneys, and agents. 
 “Lender’s Liens” mean the Liens granted by Borrowers and the
other Loan Parties and their Subsidiaries to Lender for its benefit and for the benefit of any Bank Product Provider under the Loan Documents. 

“Letter of Credit” means a letter of credit (as that term is defined in the Code) issued by Lender. 

“Letter of Credit Agreements” means a Letter of Credit Application, together with any and all related letter of credit
agreements pursuant to which Lender agrees to issue, amend, or extend a Letter of Credit, or pursuant to which Borrowers agree to reimburse Lender for all Letter of Credit Disbursements, each such application and related agreement to be in the form
specified by Lender from time to time. 
 “Letter of Credit Application” means an application requesting Lender to issue,
amend, or extend a Letter of Credit, each such application to be in the form specified by Lender from time to time. 
 “Letter of
Credit Collateralization” means either (a) providing cash collateral (pursuant to documentation reasonably satisfactory to Lender, including provisions that specify that the Letter of Credit fee and all usage charges set forth in this
Agreement and the Letter of Credit Agreements will continue to accrue while the Letters of Credit are outstanding) to be held by Lender for the benefit of Lender in an amount equal to 105% of the then existing Letter of Credit Usage,
(b) delivering to Lender the original of each Letter of Credit, together with documentation executed by all beneficiaries under each Letter of Credit in form and substance acceptable to Lender terminating all of such beneficiaries’ rights
under such Letters of Credit, or (c) providing Lender with a standby letter of credit, in form and substance reasonably satisfactory to Lender, from a commercial bank acceptable to Lender (in its sole discretion) in an amount equal to 105% of
the then existing Letter of Credit Usage (it being understood that the Letter of Credit fee and all usage charges set forth in this Agreement will continue to accrue while the Letters of Credit are outstanding and that any such fees that accrue must
be an amount that can be drawn under any such standby letter of credit). 
 “Letter of Credit Disbursement” means a payment
made by Lender pursuant to a Letter of Credit. 
 “Letter of Credit Indemnified Costs” has the meaning specified therefor
in Section 2.13(e) of this Agreement. 

  
 Schedule 1.1 

Page 17 

 “Letter of Credit Related Person” has the meaning specified therefor in
Section 2.13(e) of this Agreement. 
 “Letter of Credit Usage” means, as of any date of determination, the sum
of (i) the aggregate undrawn amount of all outstanding Letters of Credit, and (ii) the aggregate amount of outstanding reimbursement obligations with respect to Letters of Credit which remain unreimbursed or which have not been paid
through an Advance under the Revolving Credit Facility. 
 “Lien” means any mortgage, deed of trust, pledge, hypothecation,
assignment, charge, deposit arrangement, encumbrance, easement, lien (statutory or other), security interest, or other security arrangement and any other preference, priority, or preferential arrangement of any kind or nature whatsoever, including
any conditional sale contract or other title retention agreement, the interest of a lessor under a Capital Lease and any synthetic or other financing lease having substantially the same economic effect as any of the foregoing. 

“Liquidity” means, as of any date of determination, the sum of: (i) Excess Availability under this
Agreement; plus (ii) the aggregate amount of Borrowers’ unrestricted Qualified Cash that is free and clear of all Liens, other than Liens solely in favor of Lender. 

“Loan Account” has the meaning specified therefor in Section 2.8. 

“Loan Documents” means this Agreement, any Borrowing Base Certificate, the Control Agreements, the Cash Management Documents,
the Subordination Agreement, the Letters of Credit, the Patent and Trademark Security Agreement, any note or notes executed by any Borrower in connection with this Agreement and payable to Lender, any Letter of Credit Applications and other Letter
of Credit Agreements entered into by any Borrower in connection with this Agreement, and any other instrument or agreement entered into, now or in the future, by any Loan Party or any of its Subsidiaries and Lender in connection with this Agreement,
but specifically excluding all Hedge Agreements. 
 “Loan Management Service” means Lender’s proprietary automated
loan management program currently known as “Loan Manager” and any successor service or product of Lender which performs similar services. 

“Loan Parties” means collectively, each Borrower and each Guarantor and each of them is a “Loan Party”. 

“Lockbox” means “Lockbox” as defined and described in the Cash Management Documents. 

“Margin Stock” as defined in Regulation U of the Board of Governors of the Federal Reserve System as in effect from time to
time. 
 “Material Adverse Change” means (a) a material adverse change in the business, operations, results of
operations, assets, liabilities or condition (financial or otherwise) of any Borrower, or the Loan Parties and their Subsidiaries taken as a whole, (b) a material impairment of the ability of any Loan Party to perform its obligations under the
Loan Documents to which it 

  
 Schedule 1.1 

Page 18 

 
is a party or of the Lender’s ability to enforce the Obligations or realize upon the Collateral, or (c) a material impairment of the enforceability or priority of Lender’s Liens
with respect to the Collateral as a result of an action or failure to act on the part of any Loan Party or its Subsidiaries. 

“Material Contract” means, with respect to any Person, (i) each contract or agreement to which such Person or any of its
Subsidiaries is a party involving aggregate consideration payable to or by such Person or such Subsidiary of $1,500,000 or more per any twelve-month period following the Closing Date (other than purchase orders in the ordinary course of the business
of such Person or such Subsidiary and other than contracts that by their terms may be terminated by such Person or such Subsidiary in the ordinary course of its business upon less than 60 days notice without penalty or premium and other than
contracts that are readily replaceable on commercially reasonable terms by such Person in the ordinary course of business), and (ii) all other contracts or agreements, the loss of which could reasonably be expected to result in a Material
Adverse Change; provided that accounts receivable owing to a Loan Party shall be excluded from this definition. 
 “Maturity
Date” has the meaning specified therefor in Section 2.9. 
 “Maximum Revolver Amount” means
$25,000,000; provided that such amount may be (i) decreased by permanent reductions in such amount made in accordance with Section 2.11 of this Agreement, or (ii) increased by up to $5,000,000 in the aggregate, so long as the
following conditions precedent have been satisfied with respect to any such increase: (a) Borrowers have provided Lender with at least 15 Business Days prior written notice of Borrowers’ desire to increase the Maximum Revolver Amount (a
“Line Increase Notice”), which notice shall specify the amount of the desired increase in the Maximum Revolver Amount; (b) Lender shall receive any such Line Increase Notice no later than 30 days prior to the one year
anniversary of the Closing Date; (c) only two increases shall be permitted, and each such increase shall be in the amount of $2,500,000 each; provided that the Maximum Revolver Amount as increased shall not exceed $30,000,000; and (d) no
Event of Default shall have occurred and be continuing as of both the date of the request to increase the Maximum Revolver Amount and as of the date that the Maximum Revolver Amount increase becomes effective. The effective date of the increase of
the Maximum Revolver Amount shall be 15 Business Days after receipt of the Line Increase Notice by Lender, provided all of the foregoing conditions have been satisfied as determined by Lender. 

“Minimum Interest/Unused Line Fee Charge” has the meaning specified therefor in Schedule 2.12. 

“Moody’s” has the meaning specified therefor in the definition of Cash Equivalents. 

“Negotiable Collateral” means letters of credit, letter-of-credit rights, instruments, promissory notes, drafts and documents
(as each such term is defined in the Code). 
 “Obligations” means (a) all loans (including the Advances), debts,
principal, interest (including any interest that accrues after the commencement of an Insolvency 

  
 Schedule 1.1 

Page 19 

 
Proceeding, regardless of whether allowed or allowable in whole or in part as a claim in any such Insolvency Proceeding), reimbursement or indemnification obligations with respect to Letters of
Credit (irrespective of whether contingent), premiums, liabilities (including all amounts charged to the Loan Account pursuant to this Agreement), obligations (including indemnification obligations), fees, Lender Expenses (including any fees or
expenses that accrue after the commencement of an Insolvency Proceeding, regardless of whether allowed or allowable in whole or in part as a claim in any such Insolvency Proceeding), guaranties, and all covenants and duties of any other kind and
description owing by any Loan Party pursuant to or evidenced by this Agreement or any of the other Loan Documents and irrespective of whether for the payment of money, whether direct or indirect, absolute or contingent, liquidated or unliquidated,
determined or undetermined, voluntary or involuntary, due, not due or to become due, sole, joint, several or joint and several, incurred in the past or now existing or hereafter arising, however arising, and including all interest not paid when due,
and all other expenses or other amounts that any Borrower or any other Loan Party is required to pay or reimburse by the Loan Documents or by law or otherwise in connection with the Loan Documents, and (b) all Bank Product Obligations. Any
reference in this Agreement or in the Loan Documents to the Obligations shall include all or any portion thereof and any extensions, modifications, renewals, or alterations thereof, both prior and subsequent to any Insolvency Proceeding. 

“OFAC” means The Office of Foreign Assets Control of the U.S. Department of the Treasury. 

“Overadvance Amount” has the meaning specified therefor in Section 2.4(f). 

“Pass-Through Tax Liabilities” means the amount of state and federal income tax paid or to be paid by the owner of any Stock
in a Borrower on taxable income earned by a Borrower and attributable to such owner of Stock as a result of such Borrower’s “pass-through” tax status, assuming the highest marginal income tax rate for federal and state (for the state
or states in which any owner of Stock is liable for income taxes with respect to such income) income tax purposes, after taking into account any deduction for state income taxes in calculating the federal income tax liability and all other
deductions, credits, deferrals and other reductions available to such owners of Stock from or through such Borrower. 

“Patents” means patents and patent applications, including (i) the patents and patent applications listed on Schedule
5.26(b) to the Information Certificate, (ii) all continuations, divisionals, continuations-in-part, re-examinations, reissues, and renewals thereof and improvements thereon, (iii) all income, royalties, damages and payments now and
hereafter due or payable under and with respect thereto, including payments under all licenses entered into in connection therewith and damages and payments for past, present, or future infringements thereof, (iv) the right to sue for past,
present, and future infringements thereof, and (v) all of each Loan Party’s rights corresponding thereto throughout the world. 

“Patent and Trademark Security Agreement” means each Patent and Trademark Security Agreement executed and delivered by the
applicable Loan Party in favor of Lender, in form and substance reasonably acceptable to Lender. 

  
 Schedule 1.1 

Page 20 

 “Patriot Act” has the meaning specified therefor in Section 5.18 of
Exhibit D to this Agreement. 
 “Pension Plan” means a pension plan (as defined in Section 3(2) of ERISA)
maintained for employees of any Borrower or any of its Subsidiaries or any ERISA Affiliate and covered by Title IV of ERISA. 

“Permitted Acquisition” means any Acquisition so long as: 

(a) no Default or Event of Default shall have occurred and be continuing or would result from the consummation of the proposed Acquisition and
the proposed Acquisition is consensual; 
 (b) no Indebtedness will be incurred, assumed, or would exist with respect to any Borrower or its
Subsidiaries as a result of such Acquisition, other than Indebtedness permitted under clauses (h) and (i) of the definition of Permitted Indebtedness and no Liens will be incurred, assumed, or would exist with respect to the
assets of any Borrower or its Subsidiaries as a result of such Acquisition other than Permitted Liens; 
 (c) Borrowers have provided Lender
with written confirmation, supported by reasonably detailed calculations, that on a pro forma basis (including pro forma adjustments arising out of events which are directly attributable to such proposed Acquisition, are factually
supportable, and are expected to have a continuing impact, in each case, determined as if the combination had been accomplished at the beginning of the relevant period; such eliminations and inclusions to be mutually and reasonably agreed upon by
Borrowers and Lender) created by adding the historical combined financial statements of Borrowers (including the combined financial statements of any other Person or assets that were the subject of a prior Permitted Acquisition during the relevant
period) to the historical consolidated financial statements of the Person to be acquired (or the historical financial statements related to the assets to be acquired) pursuant to the proposed Acquisition, each Borrower and its Subsidiaries
(i) would have been in compliance with the financial covenants in Section 8 of the Agreement for the 4 fiscal quarter period ended immediately prior to the proposed date of consummation of such proposed Acquisition, and
(ii) are projected to be in compliance with the financial covenants in Section 8 for the 4 fiscal quarter period ended one year after the proposed date of consummation of such proposed Acquisition; 

(d) Borrowers have provided Lender with their due diligence package relative to the proposed Acquisition, including forecasted balance sheets,
profit and loss statements, and cash flow statements of the Person or assets to be acquired, all prepared on a basis consistent with such Person’s (or assets’) historical financial statements, together with appropriate supporting details
and a statement of underlying assumptions for the 1 year period following the date of the proposed Acquisition, on a quarter by quarter basis), in form and substance (including as to scope and underlying assumptions) reasonably satisfactory to
Lender; 
 (e) Borrowers have provided Lender with written notice of the proposed Acquisition at least 15 Business Days prior to the
anticipated closing date of the proposed Acquisition and, not later than 5 Business Days prior to the anticipated closing date of the 

  
 Schedule 1.1 

Page 21 

 
proposed Acquisition, copies of the acquisition agreement and other material documents relative to the proposed Acquisition, which agreement and documents must be reasonably acceptable to Lender;

 (f) the assets being acquired (other than a de minimis amount of assets in relation to Borrowers’ and their Subsidiaries’ total
assets), or the Person whose Stock is being acquired, are useful in or engaged in, as applicable, the business of Borrowers and their Subsidiaries or a business reasonably related thereto; 

(g) the assets being acquired (other than a de minimis amount of assets in relation to the assets being acquired) are located within the
United States or the Person whose Stock is being acquired is organized in a jurisdiction located within the United States; 
 (h) the
subject assets or Stock, as applicable, are being acquired directly by a Borrower or one of its Subsidiaries that is a Loan Party, and, in connection therewith, such Borrower or the applicable Loan Party shall have complied with Sections 6.15
and 6.16 of the Agreement and, in the case of an acquisition of Stock, such Borrower or the applicable Loan Party shall have demonstrated to Lender that the new Loan Parties have received consideration sufficient to make the joinder documents
binding and enforceable against such new Loan Parties; 
 (i) the purchase consideration payable in cash or notes in respect of all
Permitted Acquisitions (including the proposed Acquisition and including deferred payment obligations) shall not exceed $10,000,000 in the aggregate; provided, however, that the purchase consideration payable in cash or notes in
respect of any single Acquisition or series of related Acquisitions shall not exceed $2,500,000 in the aggregate; 
 (j) if the
consideration for the Acquisition includes the issuance of Stock by a Loan Party, no Change of Control shall result from such transaction; and 

(k) immediately prior to and after giving effect to the proposed Acquisition, Borrowers’ Liquidity is not less than $25,000,000. 

“Permitted Discretion” means a determination made in the exercise of reasonable (from the perspective of a secured lender)
business judgment. 
 “Permitted Dispositions” means: 

(a) sales, abandonment, or other dispositions of Equipment that is substantially worn, damaged, or obsolete in the ordinary course of
business; 
 (b) the granting of Permitted Liens; 

(c) the making of a Restricted Junior Payment that is expressly permitted to be made pursuant to this Agreement; 

(d) the making of a Permitted Investment; and 

  
 Schedule 1.1 

Page 22 

 (e) other dispositions not otherwise permitted by the foregoing clauses (a) through
(d) in an aggregate outstanding amount not at any time exceeding $5,000,000 per fiscal year. 
 “Permitted Holders”
means Passport Capital, T. Rowe Price, Steven R. Boal, and the respective Affiliates of each of the foregoing. 
 “Permitted
Indebtedness” means: 
 (a) Indebtedness evidenced by this Agreement or the other Loan Documents; 

(b) Indebtedness set forth on Schedule 5.19 to the Information Certificate and any Refinancing Indebtedness in respect of such
Indebtedness; 
 (c) Permitted Purchase Money Indebtedness and any Refinancing Indebtedness in respect of such Indebtedness; 

(d) endorsement of instruments or other payment items for deposit; 

(e) the incurrence by any Loan Party or its Subsidiaries of Indebtedness under Hedge Agreements that are incurred for the bona fide purpose of
hedging the interest rate, commodity, or foreign currency risks associated with such Loan Party’s and its Subsidiaries’ operations and not for speculative purposes; 

(f) Indebtedness incurred in respect of Bank Products other than pursuant to Hedge Agreements; 

(g) Indebtedness constituting Permitted Investments; 

(h) unsecured Indebtedness owing to sellers of assets or Stock to a Loan Party that is incurred by the applicable Loan Party in connection
with the consummation of one or more Permitted Acquisitions so long as (i) the aggregate principal amount for all such unsecured Indebtedness does not exceed $250,000 at any one time outstanding, (ii) is subordinated to the Obligations on
terms and conditions reasonably acceptable to Lender, and (iii) is otherwise on terms and conditions (including all economic terms and the absence of covenants) acceptable to Lender in Lender’s Permitted Discretion; 

(i) unsecured Indebtedness of any Borrower that is incurred on the date of the consummation of a Permitted Acquisition solely for the purpose
of consummating such Permitted Acquisition so long as (i) no Event of Default has occurred and is continuing or would result therefrom, (ii) such unsecured Indebtedness is not incurred for working capital purposes, (iii) such
unsecured Indebtedness does not mature prior to the date that is 12 months after the Maturity Date, (iv) such Indebtedness is subordinated in right of payment to the Obligations on terms and conditions reasonably satisfactory to Lender,
(v) the only interest that accrues with respect to such Indebtedness is payable in kind, and (vi) the aggregate principal amount for all such unsecured Indebtedness does not exceed $250,000 at any one time outstanding; 

  
 Schedule 1.1 

Page 23 

 (j) Acquired Indebtedness in an amount not to exceed $250,000 outstanding at any one time; 

(k) contingent liabilities in respect of any indemnification obligation, adjustment of purchase price, non-compete, or similar obligation of
any Borrower or the applicable Loan Party incurred in connection with the consummation of one or more Permitted Acquisitions; and 
 (l)
Indebtedness composing Permitted Investments or Permitted Intercompany Advances. 
 “Permitted Intercompany Advances” means
loans or advances made by (a) a Loan Party (other than a Borrower) to another Loan Party, (b) a Borrower to Coupons BVI and/or Coupons UK; provided that (i) the loans or advances made by the Borrowers to Coupons BVI and/or
Coupons UK shall not, in the aggregate, exceed $4,000,000 per fiscal year or $13,000,000 at any one time outstanding, and (ii) the aggregate balance of all such loans or advances maintained in Deposit Accounts of Coupons BVI and/or Coupons UK
shall not exceed $1,000,000 at any time, (c) a Subsidiary of a Loan Party which is not a Loan Party to another Subsidiary of a Loan Party which is not a Loan Party, (d) a Subsidiary of a Loan Party which is not a Loan Party to a Loan
Party, so long as the parties thereto are party to an Intercompany Subordination Agreement. 
 “Permitted Investments”
means: 
 (a) Investments in cash and Cash Equivalents; 

(b) Investments in negotiable instruments deposited or to be deposited for collection in the ordinary course of business; 

(c) advances made in connection with purchases of Goods or services in the ordinary course of business; 

(d) Investments owned by any Loan Party or any of its Subsidiaries on the Closing Date and set forth on Schedule P-1; 

(e) Permitted Intercompany Advances; 

(f) Permitted Acquisitions; 

(g) Investments held by a Person acquired in a Permitted Acquisition to the extent that such Investments were not made in contemplation of or
in connection with such Permitted Acquisition and were in existence on the date of such Permitted Acquisition; 
 (h) Investments resulting
from entering into (i) Bank Product Agreements, or (ii) agreements relative to Indebtedness that is permitted under clause (e) of the definition of Permitted Indebtedness; 

  
 Schedule 1.1 

Page 24 

 (i) Investments consisting of prepaid revenue sharing payments made by Borrower to third-party
retailers in connection with Borrower’s “receipt IQ” line of business (that consists of a platform that enables consumers to save offers to retailer loyalty cards or other forms of identification, delivers context-based offers and
product recommendations to consumers, and enables retailers to offer their customers digital receipts); and 
 (j) other Investments not
otherwise permitted by the foregoing clauses (a) through (i) in an aggregate outstanding amount not at any time exceeding $750,000 per fiscal year. 

“Permitted Liens” means 

(a) Liens granted to, or for the benefit of, Lender to secure the Obligations; 

(b) Liens for unpaid taxes, assessments, or other governmental charges or levies that either (i) are not yet delinquent, or (ii) do
not have priority over Lender’s Liens and the underlying taxes, assessments, or charges or levies are the subject of Permitted Protests; 

(c) judgment Liens arising solely as a result of the existence of judgments, orders, or awards that do not constitute an Event of Default
under Section 9.3; 
 (d) Liens set forth on Schedule P-2; provided, however, that to qualify as a
Permitted Lien, any such Lien described on Schedule P-2 shall only secure the Indebtedness that it secures on the Closing Date and any Refinancing Indebtedness in respect thereof and any such Lien that is subordinated to Lender’s
security interest in the Collateral as of the Closing Date (or thereafter) shall remain subject, at all times, to a written subordination agreement or intercreditor agreement in form and substance acceptable to Lender in Lender’s sole
discretion; 
 (e) the interests of lessors under operating leases and non-exclusive licensors under license agreements; 

(f) purchase money Liens or the interests of lessors under Capital Leases to the extent that such Liens or interests secure Permitted Purchase
Money Indebtedness and so long as (i) such Lien attaches only to the asset purchased, acquired, or leased and the proceeds thereof, and (ii) such Lien only secures the Indebtedness that was incurred to acquire the asset purchased or
acquired or any Refinancing Indebtedness in respect thereof; 
 (g) rights of setoff or bankers’ liens upon deposits of cash in favor
of banks or other depository institutions, solely to the extent incurred in connection with the maintenance of such deposit accounts in the ordinary course of business; 

(h) Liens assumed by any Loan Party or its Subsidiaries in connection with a Permitted Acquisition that secure Acquired Indebtedness (other
than the Liens on assets of the type in the Borrowing Base); 
 (i) Liens that are replacements of Permitted Liens to the extent that the
original Indebtedness is the subject of permitted Refinancing Indebtedness and so long as the replacement Liens only encumber those assets that secured the original Indebtedness; and 

  
 Schedule 1.1 

Page 25 

 (j) Liens arising by operation of law in favor of warehousemen, landlords, carriers, mechanics,
materialmen, laborers, or suppliers, incurred in the ordinary course of business and not in connection with the borrowing of money, and which Liens either (i) are for sums not yet delinquent, or (ii) are the subject of Permitted Protests;

 (k) non-exclusive licenses of patents, trademarks, copyrights, and other intellectual property rights in the ordinary course of business;

 (l) Liens solely on any cash earnest money deposits made by any Loan Party or any of its Subsidiaries in connection with any letter of
intent or purchase agreement with respect to a Permitted Acquisition; provided that the aggregate outstanding amount of such deposits shall not exceed $100,000 at any time; and 

(m) other Liens which do not secure Indebtedness for borrowed money or reimbursement obligations with respect to letters of credit and as to
which the aggregate amount of the obligations secured thereby does not exceed $100,000. 
 “Permitted Preferred Stock”
means and refers to any Preferred Stock issued by a Borrower (and not by one or more of its Subsidiaries) that is not Prohibited Preferred Stock. 

“Permitted Protest” means the right of any Borrower or any other Loan Party or any of their respective Subsidiaries to
protest any Lien (other than any Lien that secures the Obligations), taxes (other than payroll taxes or taxes that are the subject of a United States federal tax lien), or rental payment, provided that (a) a reserve with respect to such
obligation is established on books and records of such Borrower, such other Loan Party or such Subsidiary in such amount as is required under GAAP, (b) any such protest is instituted promptly and prosecuted diligently by such Borrower, Loan
Party or Subsidiary, as applicable, in good faith, and (c) Lender is satisfied that, while any such protest is pending, there will be no impairment of the enforceability, validity, or priority of any of Lender’s Liens. 

“Permitted Purchase Money Indebtedness” means, as of any date of determination, Purchase Money Indebtedness incurred after
the Closing Date in an aggregate principal amount outstanding at any one time not in excess of $1,500,000. 
 “Permitted Restricted
Junior Payments” means issuances of common stock or Permitted Preferred Stock of Borrowers to employees and members of management pursuant to and in accordance with stock option or restricted stock plans or other benefit plans for
management or employees of Borrowers. 
 “Person” means natural persons, corporations, limited liability companies, limited
partnerships, general partnerships, limited liability partnerships, joint ventures, trusts, land trusts, business trusts, or other organizations, irrespective of whether they are legal entities, and governments and agencies and political
subdivisions thereof. 
 “Plan” means an employee benefit plan (as defined in Section 3(3) of ERISA) maintained for
employees of any Borrower or any of its Subsidiaries or any ERISA Affiliate. 

  
 Schedule 1.1 

Page 26 

 “Preferred Stock” means, as applied to the Stock of any Person, the Stock of any
class or classes (however designated) that is preferred with respect to the payment of dividends, or as to the distribution of assets upon any voluntary or involuntary liquidation or dissolution of such Person, over shares of Stock of any other
class of such Person. 
 “Prepayment Fee” has the meaning in Schedule 2.12. 

“Prime Rate” means at any time the rate of interest most recently announced by Lender at its principal office as its Prime
Rate, with the understanding that the Prime Rate is one of Lender’s base rates, and serves as the basis upon which effective rates of interest are calculated for those loans making reference to it, and is evidenced by its recording in such
internal publication or publications as Lender may designate. Each change in the rate of interest shall become effective on the date each Prime Rate change is announced by Lender. 

“Proceeds” has the meaning specified therefor in the definition of “Collateral” set forth in Schedule
1.1. 
 “Prohibited Preferred Stock” means any Preferred Stock that by its terms is mandatorily redeemable or subject
to any other payment obligation (including any obligation to pay dividends, other than dividends of shares of Preferred Stock of the same class and series payable in kind or dividends of shares of common stock) on or before a date that is less than
180 days after the Maturity Date, or, on or before the date that is 180 days after the Maturity Date, is redeemable at the option of the holder thereof for cash or assets or securities (other than distributions in kind of shares of Preferred Stock
of the same class and series or of shares of common stock). 
 “Projections” means Borrowers’ forecasted
(a) balance sheets, (b) profit and loss statements, and (c) cash flow statements, all prepared on a basis consistent with such Borrowers’ historical financial statements, together with appropriate supporting details and a
statement of underlying assumptions. 
 “Protective Advance” has the meaning specified therefor in
Section 2.3(d). 
 “PTO” means the United States Patent and Trademark Office. 

“Purchase Money Indebtedness” means Indebtedness (other than the Obligations, but including Capitalized Lease Obligations),
incurred at the time of, or within 20 days after, the acquisition of any fixed assets for the purpose of financing all or any part of the acquisition cost thereof. 

“Qualified Cash” means, as of any date of determination, the amount of unrestricted cash and Cash Equivalents of each
Borrower that is in Deposit Accounts or in Securities Accounts, or any combination thereof, and which such Deposit Account or Securities Account is (i) maintained by a branch office of the Lender located within the United States or (ii) is
the subject of a Control Agreement and is maintained by a branch office of the Lender’s Affiliate located within the United States, in each case, other than any Wells Fargo Clearinghouse Account. 

  
 Schedule 1.1 

Page 27 

 “Real Property” means any estates or interests in real property now owned or
hereafter acquired by a Loan Party and the improvements thereto. 
 “Record” means information that is inscribed on a
tangible medium or that is stored in an electronic or other medium and is retrievable in perceivable form. 
 “Refinancing
Indebtedness” means refinancings, renewals, or extensions of Indebtedness so long as: 
 (a) such refinancings, renewals, or
extensions do not result in an increase in the principal amount of the Indebtedness so refinanced, renewed, or extended, other than by the amount of premiums paid thereon and the fees and expenses incurred in connection therewith and by the amount
of unfunded commitments with respect thereto, 
 (b) such refinancings, renewals, or extensions do not result in a shortening of the average
weighted maturity (measured as of the refinancing, renewal, or extension) of the Indebtedness so refinanced, renewed, or extended, nor are they on terms or conditions that, taken as a whole, are or could reasonably be expected to be materially
adverse to the interests of Lender, 
 (c) if the Indebtedness that is refinanced, renewed, or extended was subordinated in right of payment
to the Obligations, then the terms and conditions of the refinancing, renewal, or extension must include subordination terms and conditions that are at least as favorable to the Lender as those that were applicable to the refinanced, renewed, or
extended Indebtedness, and 
 (d) the Indebtedness that is refinanced, renewed, or extended is not recourse to any Person that is liable on
account of the Obligations other than those Persons which were obligated with respect to the Indebtedness that was refinanced, renewed, or extended. 

“Remedial Action” means all actions taken to (a) clean up, remove, remediate, contain, treat, monitor, assess, evaluate,
or in any way address Hazardous Materials in the indoor or outdoor environment, (b) prevent or minimize a release or threatened release of Hazardous Materials so they do not migrate or endanger or threaten to endanger public health or welfare
or the indoor or outdoor environment, (c) restore or reclaim natural resources or the environment, (d) perform any pre-remedial studies, investigations, or post-remedial operation and maintenance activities, or (e) conduct any other
actions with respect to Hazardous Materials required by Environmental Laws. 
 “Reserves” means, as of any date of
determination, the sum of (a) an amount or percent of a specified item or category of items that Lender establishes from time to time in its sole discretion to reduce Availability under the Borrowing Base or the Maximum
Revolver Amount to reflect (i) such matters, events, conditions, contingencies or risks which affect or which may reasonably be expected to affect the assets, business or prospects of a Borrower, any other Loan Party or the Collateral or its
value or the enforceability, perfection or priority of Lender’s Liens in the Collateral (including, without limitation, deferred revenue), or (ii) Lender’s judgment that any collateral report or financial information relating to a
Borrower or any other 

  
 Schedule 1.1 

Page 28 

 
Loan Party delivered to Lender is incomplete, inaccurate or misleading in any material respect, plus (b) the Dilution Reserve and the Bank Product Reserve Amount. 

“Restricted Junior Payment” means (a) any declaration or payment of any dividend or the making of any other payment or
distribution on account of Stock issued by any Loan Party (including any payment in connection with any merger or consolidation involving any Loan Party) or to the direct or indirect holders of Stock issued by any Loan Party in their capacity as
such (other than dividends or distributions payable in Stock (other than Prohibited Preferred Stock) issued by any Loan Party, or (b) any purchase, redemption, or other acquisition or retirement for value (including in connection with any
merger or consolidation involving any Loan Party) of any Stock issued by any Loan Party. 
 “Revolver Usage” means, as of
any date of determination, the sum of (a) the amount of outstanding Advances, plus (b) the amount of the Letter of Credit Usage. 

“Revolving Credit Facility” means the revolving line of credit facility described in Section 2.1 pursuant to
which Lender provides Advances to Borrowers and issues Letters of Credit for the account of Borrowers. 
 “Sanctioned
Entity” means (a) a country or a government of a country, (b) an agency of the government of a country, (c) an organization directly or indirectly controlled by a country or its government, (d) a Person resident in or
determined to be resident in a country, in each case, that is subject to a country sanctions program administered and enforced by OFAC. 

“Sanctioned Person” means a person named on the list of Specially Designated Nationals maintained by OFAC. 

“S&P” has the meaning specified therefor in the definition of Cash Equivalents. 

“SEC” means the United States Securities and Exchange Commission and any successor thereto. 

“Securities Account” means a securities account (as that term is defined in the Code). 

“Securities Act” means the Securities Act of 1933, as amended from time to time, and any successor statute. 

“Security Interest” has the meaning specified therefor in Section 3.1. 

“Senior Officer” means the chief executive officer, president, chief financial officer, treasurer, or secretary of any
Borrower. 
 “Solvent” means, with respect to any Person as of any date of determination, that (a) at fair valuations,
the sum of such Person’s debts (including contingent liabilities) is less than all of such Person’s assets, (b) such Person is not engaged or about to engage in a business or transaction for which the remaining assets of such Person
are unreasonably small in relation to the business or transaction or for which the property remaining with such Person is an 

  
 Schedule 1.1 

Page 29 

 
unreasonably small capital, and (c) such Person has not incurred and does not intend to incur, or reasonably believe that it will incur, debts beyond its ability to pay such debts as they
become due (whether at maturity or otherwise), and (d) such Person is “solvent” or not “insolvent”, as applicable within the meaning given those terms and similar terms under applicable laws relating to fraudulent transfers
and conveyances. For purposes of this definition, the amount of any contingent liability at any time shall be computed as the amount that, in light of all of the facts and circumstances existing at such time, represents the amount that can
reasonably be expected to become an actual or matured liability (irrespective of whether such contingent liabilities meet the criteria for accrual under Statement of Financial Accounting Standard No. 5). 

“Specified Party” has the meaning set forth in the definition of “Intellectual Property Licenses”. 

“Standard Letter of Credit Practice” means, for Lender, any domestic or foreign law or letter of credit practices applicable
in the city in which Lender issued the applicable Letter of Credit or, for its branch or correspondent, such laws and practices applicable in the city in which it has advised, confirmed or negotiated such Letter of Credit, as the case may be, in
each case, (a) which letter of credit practices are of banks that regularly issue letters of credit in the particular city, and (b) which laws or letter of credit practices are required or permitted under ISP or UCP 600, as chosen in the
applicable Letter of Credit. 
 “Stock” means all shares, options, warrants, interests, participations, or other
equivalents (regardless of how designated) of or in a Person, whether voting or nonvoting, including common stock, preferred stock, or any other “equity security” (as such term is defined in Rule 3a11-1 of the General Rules and Regulations
promulgated by the SEC under the Exchange Act). 
 “Subordination Agreement” means the Security Interest Subordination
Agreement, of even date herewith, by Spieker Living Trust UAD 3/12/2002, for the benefit of Lender, as amended, replaced, modified, or supplemented from time to time. 

“Subsidiary” of a Person means a corporation, partnership, limited liability company, or other entity in which that Person
directly or indirectly owns or controls the shares of Stock having ordinary voting power to elect a majority of the board of directors (or appoint other comparable managers) of such corporation, partnership, limited liability company, or other
entity. 
 “Supporting Obligations” means supporting obligations (as such term is defined in the Code), and includes
letters of credit and guaranties issued in support of Accounts, Chattel Paper, documents, General Intangibles, instruments or Investment Related Property. 

“Taxes” means any taxes, levies, imposts, duties, fees, assessments or other charges of whatever nature now or hereafter
imposed by any jurisdiction or by any political subdivision or taxing authority thereof or therein with respect to such payments and all interest, penalties or similar liabilities with respect thereto; provided, however, that Taxes
shall exclude any tax imposed on the net income or net profits of Lender (including any branch profits taxes), in each case imposed by the jurisdiction (or by any political subdivision or taxing authority

  
 Schedule 1.1 

Page 30 

 
thereof in which Lender is organized or the jurisdiction (or by any political subdivision or taxing authority thereof) in which Lender’s principal office is located in each case as a result
of a present or former connection between Lender and the jurisdiction or taxing authority imposing the tax (other than any such connection arising solely from Lender having executed, delivered or performed its obligations or received payment under,
or enforced its rights or remedies under this Agreement or any other Loan Document). 
 “Termination Date” has the meaning
specified therefor in Section 2.9. 
 “Trademarks” means any and all trademarks, trade names, registered
trademarks, trademark applications, service marks, registered service marks and service mark applications, including (i) the trade names, registered trademarks, trademark applications, registered service marks and service mark applications
listed on Schedule 5.26(b) to the Information Certificate, (ii) all renewals thereof, (iii) all income, royalties, damages and payments now and hereafter due or receivable under and with respect thereto, including payments under all
licenses entered into in connection therewith and damages and payments for past or future infringements or dilutions thereof, (iv) the right to sue for past, present and future infringements and dilutions thereof, (v) the goodwill of each
Loan Party’s business symbolized by the foregoing or connected therewith, and (vi) all of each Loan Party’s rights corresponding thereto throughout the world. 

“UCP 600” means, with respect to any Letter of Credit, the Uniform Customs and Practice for Documentary Credits 2007
Revision, International Chamber of Commerce Publication No. 600 and any subsequent revision thereof adopted by the International Chamber of Commerce on the date such Letter of Credit is issued. 

“United States” means the United States of America. 

“Unused Line Fee” has the meaning specified therefor in Schedule 2.12 of this Agreement. 

“URL” means “uniform resource locator,” an internet web address. 

“Voidable Transfer” has the meaning specified therefor in Section 17.7. 

“Wells Fargo Clearinghouse Accounts” means (i) Deposit Account numbers 4122001803 and 4123118143 maintained by Borrower
at Lender and (ii) any other Deposit Accounts now existing or hereinafter established to hold funds of consumer package goods clients of Borrower, which are earmarked for reimbursement payments to retailers for coupon redemption costs, which
Deposit Accounts are maintained by Borrower at Lender. 
 b. Accounting Terms. All accounting terms not specifically defined herein
shall be construed in accordance with GAAP; provided, however, that if any Borrower notifies Lender that such Borrower requests an amendment to any provision hereof to eliminate the effect of any change in accounting principles required by the
promulgation of any rule, regulation, pronouncement or opinion by the Financial Accounting Standards Board of the American Institute of Certified Public Accountants (or successor thereto or any agency with similar functions) (an “Accounting
Change”) occurring after the Closing Date, or in the application thereof (or if Lender notifies any Borrower that Lender requests an amendment to any provision 

  
 Schedule 1.1 

Page 31 

 
hereof for such purpose), regardless of whether any such notice is given before or after such Accounting Change or in the application thereof, then Lender and Borrowers agree that they will
negotiate in good faith amendments to the provisions of this Agreement that are directly affected by such Accounting Change with the intent of having the respective positions of the Lender and each Borrower after such Accounting Change conform as
nearly as possible to their respective positions as of the date of this Agreement and, until any such amendments have been agreed upon, the provisions in this Agreement shall be calculated as if no such Accounting Change had occurred. Whenever used
herein, the term “financial statements” shall include the footnotes and schedules thereto. Whenever the term “Borrower” is used in respect of a financial covenant or a related definition, it shall be understood to mean Borrowers
and their respective Subsidiaries on a consolidated basis, unless the context clearly requires otherwise. 
 c. Code. Any terms used
in this Agreement that are defined in the Code shall be construed and defined as set forth in the Code unless otherwise defined herein. The meaning of any term defined herein by reference to the Code will not be limited by reason of any limitation
set forth on the scope of the Code, whether under Section 9-109 of the Code, by reason of federal preemption or otherwise. 
 d.
Construction. Unless the context of this Agreement or any other Loan Document clearly requires otherwise, references to the plural include the singular, references to the singular include the plural, the terms “includes” and
“including” are not limiting, and the term “or” has, except where otherwise indicated, the inclusive meaning represented by the phrase “and/or.” The words “hereof,” “herein,” “hereby,”
“hereunder,” and similar terms in this Agreement or any other Loan Document refer to this Agreement or such other Loan Document, as the case may be, as a whole and not to any particular provision of this Agreement or such other Loan
Document, as the case may be. Section, subsection, clause, schedule, and exhibit references herein are to this Agreement unless otherwise specified. Any reference in this Agreement or in any other Loan Document to any agreement, instrument, or
document shall include all alterations, amendments, changes, extensions, modifications, renewals, replacements, substitutions, joinders, and supplements, thereto and thereof, as applicable (subject to any restrictions on such alterations,
amendments, changes, extensions, modifications, renewals, replacements, substitutions, joinders, and supplements set forth herein). The words “asset” and “property” shall be construed to have the same meaning and effect and to
refer to any and all tangible and intangible assets and properties, including cash, securities, accounts, and contract rights. Any reference herein or in any other Loan Document to the satisfaction, repayment, or payment in full of the Obligations
shall mean the repayment in full in cash or immediately available funds (or, (a) in the case of contingent reimbursement obligations with respect to Letters of Credit, providing Letter of Credit Collateralization, and (b) in the case of
obligations with respect to Bank Products (other than Hedge Obligations), providing Bank Product Collateralization) of all of the Obligations (including the payment of any Lender Expenses that have accrued irrespective of whether demand has been
made therefor and the payment of any termination amount then applicable (or which would or could become applicable as a result of the repayment of the other Obligations) under Hedge Agreements) other than unasserted contingent indemnification
Obligations. Any reference herein to any Person shall be construed to include such Person’s successors and assigns. Any requirement of a writing contained herein or in any other Loan Document shall be satisfied by the transmission of a Record.
References herein to any statute or any provision thereof include such statute or provision (and all rules, 

  
 Schedule 1.1 

Page 32 

 
regulations and interpretations thereunder) as amended, revised, re-enacted, and /or consolidated from time to time and any successor statute thereto. 

e. Schedules and Exhibits. All of the schedules and exhibits attached to this Agreement shall be deemed incorporated herein by
reference. 

  
 Schedule 1.1 

Page 33 

 Schedule 2.12 

TO CREDIT AND SECURITY AGREEMENT 

Borrowers shall pay to Lender each of the following fees: 
 On
the Closing Date: 
 Origination Fee. A one time origination fee of $60,000, which shall be fully earned upon the execution of this Agreement, and
payable as follows: (i) $20,000, shall be due and payable on the Closing Date; (ii) $20,000, shall be due and payable on the earlier of the first anniversary of the Closing Date or the Termination Date; and (iii) $20,000, shall be due
and payable on the earlier of the second anniversary of the Closing Date or the Termination Date. 
 Monthly: 

(a) Unused Fee. An unused line fee of one-quarter of one percent (0.25%) per annum of the daily average of the Maximum Revolver Amount reduced by
outstanding Revolver Usage and the amount of minimum Excess Availability required pursuant to Section 8.2 (the “Unused Line Fee”), from the date of this Agreement to and including the Termination Date, which unused line
fee shall be payable monthly in arrears on the first day of each month and on the Termination Date. 
 (b) Collateral Monitoring Fee. [Intentionally
Omitted]. 
 (c) Cash Management and Other Service Fees. Service fees to Lender for Cash Management Services provided pursuant to and in accordance
with the Cash Management Documents, Bank Product Agreements or any other agreement entered into by the parties, including Lender’s customary fees and charges (as adjusted from time to time) with respect to the disbursement of funds (or the
receipt of funds) to or for the account of Borrowers (whether by wire transfer or otherwise) in the amount prescribed in Lender’s current service fee schedule. 

(d) Letter of Credit Fees. (i) a Letter of Credit fee (in addition to the charges, commissions, fees, and costs set forth in
Section 2.13(e) or elsewhere in this Agreement or the other Loan Documents) which shall accrue at a per annum rate equal to the Applicable Margin times the Daily Balance of the undrawn amount of all outstanding Letters of Credit,
payable in arrears on the first day of each month and on the Termination Date and continuing until all undrawn Letters of Credit have expired or been returned for cancellation, and (ii) all fees and charges upon the occurrence of any other
activity with respect to any Letter of Credit (including, without limitation, the issuance, transfer, amendment, extension or cancellation of any Letter of Credit and honoring of draws under any Letter of Credit) determined in accordance with
Lender’s standard fees and charges then in effect for such activity. 
 (e) Minimum Interest/Unused Line Fee Charge. Notwithstanding the other
terms of Section 2 to the contrary or the Unused Line Fee provision above, at least $150,000 in the aggregate of interest plus Unused Line Fee each year or portion of a year following the Closing Date (the “Minimum
Interest/Unused Line Fee Charge”) during the term of this Agreement, and Borrowers shall pay, on each anniversary of the Closing Date and on the Termination Date, any 

  
 Schedule 2.12 

Page 1 

 
deficiency between the Minimum Interest/Unused Line Fee Charge and the amount of interest and Unused Line Fees paid during each year or portion of a year following the Closing Date and on the
Termination Date and continuing until all of the Obligations are paid in full in cash. When calculating this deficiency, the Default Rate set forth in Section 2.6(b), if applicable, shall be disregarded. 

Annually: 
 (a) Facility Fee. [Intentionally Omitted].

 Upon demand by Lender or as otherwise specified in this Agreement: 

(a) Collateral Exam Fees, Costs and Expenses. Lender’s fees, costs and expenses in connection with any collateral exams or inspections conducted
by or on behalf of Lender at the current rates established from time to time by Lender as its fee for collateral exams or inspections (which fees are currently $1,080 per day per collateral examiner), together with all actual out-of-pocket costs and
expenses incurred in conducting any collateral exam or inspection; provided, however, so long as no Default or Event of Default shall have occurred and be continuing and Borrowers’ Liquidity is not less than $15,000,000 at all
times, Borrowers shall be obligated to reimburse Lender for fees, costs and expenses related to not more than two (2) such collateral exams and inspections per fiscal year (after the Closing Date) and such fees, costs and expenses shall not
exceed $35,000 per fiscal year (excluding the fees, costs, and expenses incurred on or prior to the Closing Date). In addition, Borrowers shall be obligated to reimburse Lender for fees, costs and expenses related to any collateral exams or
inspections obtained prior to the Closing Date of not more than $20,000. Applicable fees related to electronic collateral reporting will also be charged. 

(b) Appraisal Fees, Costs and Expenses. [Intentionally Omitted]. 

(c) Termination Fees. If (i) Lender terminates the Revolving Credit Facility after the occurrence of an Event of Default, or (ii) Borrowers
terminate the Revolving Credit Facility on a date prior to the Maturity Date, then Borrowers shall pay Lender as liquidated damages (and not as a penalty) a termination fee in an amount equal to the following (the “Prepayment Fee”):
(A) $200,000, if the termination occurs on or before the first anniversary of the Closing Date; (B) $100,000, if the termination occurs after the first anniversary of the Closing Date, but on or before the second anniversary of the Closing
Date; and (C) $-0-, if the termination occurs after the second anniversary of the Closing Date. If the Credit Facility is refinanced by a Regional Commercial Banking Office of Lender, such transfer shall not be deemed a termination resulting in
the payment of termination fees, provided that Borrowers agree, at the time of transfer, to the payment of comparable fees in an amount not less than that set forth in this Agreement in the event that any credit facilities extended after such
transfer are thereafter terminated early. 

  
 Schedule 2.12 

Page 2 

 Schedule 6.1 

TO CREDIT AND SECURITY AGREEMENT 

Deliver to Lender, each of the financial statements, reports, or other items set forth below at the following times in form reasonably
satisfactory to Lender: 
  

			
	as soon as available, but in any event within 30 days after the end of each month, other than the last month of each fiscal quarter	  	 (a) an unaudited consolidated and consolidating balance sheet, income statement, and statement of shareholder’s equity with respect to
the Borrowers and their respective Subsidiaries during such period and compared to the prior period and plan, prepared in accordance with GAAP, subject to year-end audit adjustments and the absence of footnotes, together with a corresponding
discussion and analysis of results from management; and
  
 (b) a Compliance Certificate
along with the underlying calculations, including the calculations to establish compliance with the financial covenants set forth in Section 8 and certain other covenants under this Agreement.

		
	as soon as available, but in any event within 45 days after the end of each fiscal quarter	  	 (a) an unaudited consolidated and consolidating balance sheet, income statement, statement of cash flow, and statement of shareholder’s
equity with respect to the Borrowers and their respective Subsidiaries during such period and compared to the prior period and plan, prepared in accordance with GAAP, subject to year-end audit adjustments and the absence of footnotes, together with
a corresponding discussion and analysis of results from management; and
  
 (b) a
Compliance Certificate along with the underlying calculations, including the calculations to establish compliance with the financial covenants set forth in Section 8 and certain other covenants under this Agreement.

		
	as soon as available, but in any event within 120 days after the end of each fiscal year	  	(a) draft of the audited consolidated and consolidating financial statements of Borrowers and their respective Subsidiaries for such fiscal year, prepared in accordance with GAAP (such financial statements to include a balance
sheet, income statement, statement of cash flow, and statement of shareholder’s equity).
		
	as soon as available, but in any event within 180 days after the end of each fiscal year	  	(a) consolidated and consolidating financial statements of Borrowers and their respective Subsidiaries for such fiscal year, audited by independent certified public
accountants

  
 Schedule 6.1 

Page 1 

			
		  	 reasonably acceptable to Lender, prepared in accordance with GAAP, and certified, without any qualifications (including any (A) “going
concern” or like qualification or exception, (B) qualification or exception as to the scope of such audit, or (C) qualification which relates to the treatment or classification of any item and which, as a condition to the removal of such
qualification, would require an adjustment to such item), by such accountants to have been prepared in accordance with GAAP (such audited financial statements to include a balance sheet, income statement, statement of cash flow, and statement of
shareholder’s equity and, if prepared, such accountants’ letter to management); and
  

(b) a Compliance Certificate along with the underlying calculations, including the calculations to establish compliance with the financial covenants set forth
in Section 8 and certain other covenants under this Agreement.

		
	as soon as available, but in any event within 60 days after the start of each of Borrowers’ fiscal years	  	(a) copies of Borrowers’ Projections, in form and substance (including as to scope and underlying assumptions) satisfactory to Lender, in its Permitted Discretion, for the forthcoming fiscal year, on a monthly basis, certified
by the chief financial officer of Borrowers as being such officer’s good faith estimate of the financial performance of the Borrowers and their respective Subsidiaries during the period covered thereby.
		
	if and when prepared	  	(a) any other information that is provided by any Borrower to its shareholders generally.

  
 Schedule 6.1 

Page 2 

 Schedule 6.2 

TO CREDIT AND SECURITY AGREEMENT 
 Provide
Lender with each of the documents and information set forth below at the following times in form and substance reasonably satisfactory to Lender: 
  

			
	Monthly (no later than the 20th day of each month) or more frequently if Lender requests	  	 (a) a Borrowing Base Certificate;
  

(b) an Account roll-forward with supporting details supplied from sales journals, collection journals, credit registers and any other records;

 
 (c) notice of all claims, offsets, or disputes asserted by Account Debtors with respect to
each Borrower’s and its Subsidiaries’ Accounts; and
  
 (d) copies of invoices
together with credit memos and corresponding supporting documentation with respect to invoices and credit memos in excess of an amount determined in the sole discretion of Lender from time to time.

		
	Monthly (no later than the 20th day of each month) or more frequently if Lender requests	  	 (a) a monthly Account roll-forward, in a format acceptable to Lender in its discretion;

 
 (b) a detailed aging of each Borrower’s Accounts, together with a reconciliation to
the monthly Account roll-forward and supporting documentation for any reconciling items noted (delivered electronically in an acceptable format, if a Borrower has implemented electronic reporting);

 
 (c) a detailed calculation of those Accounts that are not eligible for the Borrowing
Base;
  
 (d) a summary aging, by vendor, of each Borrower’s and its
Subsidiaries’ accounts payable (delivered electronically in an acceptable format, if a Borrower has implemented electronic reporting); and
  

(e) a detailed report regarding each Borrower’s and its Subsidiaries’ cash and Cash Equivalents, including an indication of which amounts constitute
Qualified Cash.

		
	Monthly (no later than the 30th day of each month) or more frequently if Lender requests	  	(a) a reconciliation of Accounts aging and trade accounts payable aging of each Borrower to the general ledger and the monthly financial statements, including any book reserves related to each category.
		
	Annually, or more frequently, if requested by Lender	  	(a) a detailed list of each Borrower’s and its Subsidiaries’ customers, with address and contact information

  
 Schedule 6.2 

Page 1 

			
	Upon request by Lender	  	(a) such other reports and information as to the Collateral and as to each Loan Party and its Subsidiaries, as Lender may reasonably request.

  
 Schedule 6.2 

Page 2 

 EXHIBIT A 

TO CREDIT AND SECURITY AGREEMENT 

FORM OF COMPLIANCE CERTIFICATE 

[on Borrower’s letterhead] 
  

	To:	Wells Fargo Bank, National Association 

 1300 SW Fifth Avenue 

Portland, Oregon 97201 
 Attn:
Relationship Manager – Coupons.com 
  

	Re:	Compliance Certificate dated [                    ] 

Ladies and Gentlemen: 
 Reference is made to that certain
Credit and Security Agreement (as amended, restated, supplemented or otherwise modified from time to time, the “Credit Agreement”) dated as of September 30, 2013, by and among WELLS FARGO BANK, NATIONAL
ASSOCIATION, (“Lender”), and COUPONS.COM INCORPORATED (the “Borrower”). Capitalized terms used in this Compliance Certificate have the meanings set forth in the Credit Agreement unless specifically
defined herein. 
 Pursuant to Schedule 6.1 of the Credit Agreement, the undersigned officer of the Borrower hereby certifies that: 

1. Attached is the financial information of Borrower and its Subsidiaries which is required to be furnished to Lender pursuant to Section 6.1 of
the Credit Agreement for the period ended                     ,
                     (the “Reporting Date”). Such financial information has been prepared in accordance with GAAP [(except for
year-end adjustments and the lack of footnotes)]1, and fairly presents in all material respects the financial condition of Borrower and its Subsidiaries. 

2. Such officer has reviewed the terms of the Credit Agreement and has made, or caused to be made under his/her supervision, a review in reasonable detail of
the transactions and condition of Borrower and its Subsidiaries during the accounting period covered by the financial statements delivered pursuant to Schedule 6.1 of the Credit Agreement. 

 

	1 	Exclude bracketed language with annual audits 

  
 Exhibit A 

Page 1 

 3. Such review has not disclosed the existence on and as of the date hereof, and the undersigned does not have
knowledge of the existence as of the date hereof, of any event or condition that constitutes a Default or Event of Default. 
 4. The representations and
warranties of each Loan Party and its Subsidiaries set forth in the Credit Agreement and the other Loan Documents are true and correct in all material respects on and as of the date hereof (except to the extent they relate to a specified date). 

5. As of the Reporting Date, the Loan Parties and their respective Subsidiaries are in compliance with the applicable covenants contained in
Section 7 and Section 8 of the Credit Agreement as demonstrated on Schedule 1 hereof. 
 IN WITNESS WHEREOF, this Compliance
Certificate is executed by the undersigned this [    ] day of [            ], [        ]. 

 

			
	COUPONS.COM INCORPORATED
	[                                    
    ]
	[                                    
    ]
		
	By:	 	  

	Name:	 	  

	Title:	 	  

  
 Exhibit A 

Page 2 

 SCHEDULE 1 TO COMPLIANCE CERTIFICATE 

Financial Covenants 
 I further certify
that (Please check and complete each of the following): 
  

	1.	Minimum Liquidity. 

 Borrower’s Liquidity at all times was not less than
$        , which [does/does not] satisfy the minimum Liquidity requirement set forth in Section 8.1 of the Credit Agreement for such test date. 

 

	2.	Minimum Excess Availability. 

 Borrower’s Excess Availability at all times was not less than
$        , which [does/does not] satisfy the minimum Excess Availability requirement set forth in Section 8.2 of the Credit Agreement for such test date. 

 Exhibit B 

TO CREDIT AND SECURITY AGREEMENT 

CONDITIONS PRECEDENT 
 The
obligation of Lender to make its initial extension of credit provided for in this Agreement is subject to the fulfillment, to the satisfaction of Lender, of each of the following conditions precedent: 

(a) the Closing Date shall occur on or before September 30, 2013; 

(b) Lender shall have received a letter duly executed by each Borrower and each other Loan Party authorizing Lender to file appropriate
financing statements in such office or offices as may be necessary or, in the opinion of Lender, desirable to perfect the security interests to be created by the Loan Documents; 

(c) Lender shall have received evidence that appropriate financing statements have been duly filed in such office or offices as may be
necessary or, in the opinion of Lender, desirable to perfect the Lender’s Liens in and to the Collateral, and Lender shall have received searches reflecting the filing of all such financing statements; 

(d) Lender shall have received each of the following documents, in form and substance satisfactory to Lender, duly executed, and each such
document shall be in full force and effect: 
 (i) this Agreement and the other Loan Documents, 

(ii) the Cash Management Documents, 

(iii) the Control Agreements, 

(iv) a disbursement letter executed and delivered by each Borrower to Lender regarding the extensions of credit to be made on the Closing
Date, the form and substance of which is satisfactory to Lender, and 
 (v) the Subordination Agreement; 

(e) Lender shall have received a certificate from the Secretary of each Loan Party (i) attesting to the resolutions of such Loan
Party’s Board of Directors authorizing its execution, delivery, and performance of this Agreement and the other Loan Documents to which such Loan Party is a party, (ii) authorizing specific officers of such Loan Party to execute the same,
and (iii) attesting to the incumbency and signatures of such specific officers of such Loan Party; 
 (f) Lender shall have received
copies of each Loan Party’s Governing Documents, as amended, modified, or supplemented to the Closing Date, certified as true, correct and complete by the Secretary of such Loan Party; 

  
 Exhibit B 

Page 1 

 (g) Lender shall have received a certificate of status with respect to each Loan Party, dated
within 10 days of the Closing Date, such certificate to be issued by the appropriate officer of the jurisdiction of organization of each Loan Party, which certificate shall indicate that such Loan Party is in good standing in such jurisdiction; 

(h) Lender shall have received certificates of status with respect to each Loan Party, each dated within 30 days of the Closing Date, such
certificates to be issued by the appropriate officer of the jurisdictions (other than the jurisdiction of organization of such Loan Party) in which its failure to be duly qualified or licensed would constitute a Material Adverse Change, which
certificates shall indicate that such Loan Party is in good standing in such jurisdictions; 
 (i) Lender shall have received copies of the
policies of insurance and certificates of insurance, together with the endorsements thereto, as are required by Section 6.6, the form and substance of which shall be satisfactory to Lender; 

(j) Lender shall have received Collateral Access Agreements with respect to the following location: 400 Logue Avenue, Mountain View, CA 94043;

 (k) Lender shall have received an opinion of each Loan Party’s counsel in form and substance reasonably satisfactory to Lender; 

(l) Borrowers shall have Liquidity of at least $15,000,000 and Excess Availability of at least $2,500,000 after giving effect to (i) the
initial extensions of credit hereunder, and (ii) the payment of all fees and expenses required to be paid by Borrowers on the Closing Date under this Agreement or the other Loan Documents; 

(m) Lender shall have completed its business, legal, and collateral due diligence, including a collateral examination and review of each
Borrower’s and its Subsidiaries Books and verification of each Loan Party’s representations and warranties to Lender, the results of which must be satisfactory to Lender; 

(n) Lender shall have completed (i) Patriot Act searches, OFAC/PEP searches and customary individual background checks for each Loan
Party, and (ii) OFAC/PEP searches and customary individual background searches for each Borrower’s senior management and key principals, and each other Loan Party, the results of which shall be satisfactory to Lender; 

(o) Subject to Section 17.9 of the Agreement, Borrowers shall have paid all Lender Expenses incurred in connection with the
transactions evidenced by this Agreement, each to the extent due and payable hereunder and invoiced; 
 (p) Each Loan Party and each of its
Subsidiaries shall have received all licenses, approvals or evidence of other actions required by any Governmental Authority in connection with the execution and delivery by such Loan Party or its Subsidiaries of the Loan Documents or with the
consummation of the transactions contemplated thereby; 

  
 Exhibit B 

Page 2 

 (q) all other documents and legal matters in connection with the transactions contemplated by
this Agreement shall have been delivered, executed, or recorded and shall be in form and substance reasonably satisfactory to Lender; and 

(r) Lender shall have received final credit approval for the Credit Facility and the transactions described in this Agreement. 

  
 Exhibit B 

Page 3 

 EXHIBIT C 

TO CREDIT AND SECURITY AGREEMENT 

CONDITIONS SUBSEQUENT 

None. 

  
 Exhibit C 

Page 1 

 EXHIBIT D 

TO CREDIT AND SECURITY AGREEMENT 

REPRESENTATIONS AND WARRANTIES 

5.1 Due Organization and Qualification; Subsidiaries. 

(a) Each Loan Party and each Subsidiary of each Loan Party (i) is duly organized and existing and in good standing under the laws of the
jurisdiction of its organization, (ii) is qualified to do business in any jurisdiction where the failure to be so qualified could reasonably be expected to result in a Material Adverse Change, and (iii) has all requisite power and
authority to own and operate its properties, to carry on its business as now conducted and as proposed to be conducted, to enter into the Loan Documents to which it is a party and to carry out the transactions contemplated thereby. 

(b) Set forth on Schedule 5.1(b) to the Information Certificate is a complete and accurate description of the authorized capital Stock
of each Loan Party, by class, and, as of the Closing Date, a description of the number of shares of each such class that are issued and outstanding. Other than as described on Schedule 5.1(b) to the Information Certificate, there are no
subscriptions, options, warrants, or calls relating to any shares of any Loan Party’s capital Stock, including any right of conversion or exchange under any outstanding security or other instrument. No Loan Party is subject to any obligation
(contingent or otherwise) to repurchase or otherwise acquire or retire any shares of its capital Stock or any security convertible into or exchangeable for any of its capital Stock. 

(c) Set forth on Schedule 5.1(c) to the Information Certificate (as such Schedule may be updated from time to time to reflect changes
resulting from transactions permitted under this Agreement), is a complete and accurate list of the Loan Parties’ direct and indirect Subsidiaries, showing: (i) the number of shares of each class of common and preferred Stock authorized
for each of such Subsidiaries, and (ii) the number and the percentage of the outstanding shares of each such class owned directly or indirectly by each Loan Party. All of the outstanding capital Stock of each such Subsidiary has been validly
issued and is fully paid and non-assessable. 
 (d) Except as set forth on Schedule 5.1(c) to the Information Certificate, there are
no subscriptions, options, warrants, or calls relating to any shares of any capital stock or any Loan Party or of any of its Subsidiaries, including any right of conversion or exchange under any outstanding security or other instrument. No Loan
Party nor any of its Subsidiaries is subject to any obligation (contingent or otherwise) to repurchase or otherwise acquire or retire any shares of such Loan Party’s Subsidiaries’ capital Stock or any security convertible into or
exchangeable for any such capital Stock. 
 (e) Cleo Holding Corporation and Coupons, Inc. do not have any material assets or liabilities.

 5.2 Due Authorization; No Conflict. 

  
 Exhibit D 

Page 1 

 (a) As to each Loan Party, the execution, delivery, and performance by such Loan Party of the
Loan Documents to which it is a party have been duly authorized by all necessary action on the part of such Loan Party. 
 (b) As to each
Loan Party, the execution, delivery, and performance by such Loan Party of the Loan Documents to which it is a party do not and will not (i) violate any material provision of federal, state, or local law or regulation applicable to any Loan
Party or its Subsidiaries, the Governing Documents of any Loan Party or its Subsidiaries, or any order, judgment, or decree of any court or other Governmental Authority binding on any Loan Party or its Subsidiaries, (ii) conflict with, result
in a breach of, or constitute (with due notice or lapse of time or both) a default under any Material Contract of any Loan Party or its Subsidiaries except to the extent that any such conflict, breach or default could not individually or in the
aggregate reasonably be expected to cause a Material Adverse Change, (iii) result in or require the creation or imposition of any Lien of any nature whatsoever upon any assets of any Loan Party, other than Permitted Liens, or (iv) require
any approval of any Loan Party’s interest holders or any approval or consent of any Person under any Material Contract of any Loan Party, other than consents or approvals that have been obtained and that are still in force and effect and
except, in the case of Material Contracts, for consents or approvals, the failure to obtain could not individually or in the aggregate reasonably be expected to cause a Material Adverse Change. 

5.3 Governmental and Other Consents. No consent, approval, authorization, or other order or other action by, and no notice to or
filing with, any Governmental Authority or any other Person is required (a) for the grant of a Lien by such Loan Party in and to the Collateral pursuant to this Agreement or the other Loan Documents or for the execution, delivery, or
performance of this Agreement by such Loan Party, or (b) for the exercise by Lender of the voting or other rights provided for in this Agreement with respect to the Investment Related Property or the remedies in respect of the Collateral
pursuant to this Agreement, except as may be required in connection with such disposition of Investment Related Property by laws affecting the offering and sale of securities generally. Except as set forth on Section 5.3 to the
Information Certificate (if any), no Intellectual Property License of any Loan Party that is necessary to the conduct of such Loan Party’s business requires any consent of any other Person in order for such Loan Party to grant the security
interest granted hereunder in such Loan Party’s right, title or interest in or to such Intellectual Property License. 
 5.4
Binding Obligations. Each Loan Document has been duly executed and delivered by each Loan Party that is a party thereto and is the legally valid and binding obligation of such Loan Party, enforceable against such Loan Party in
accordance with its respective terms, except as enforcement may be limited by equitable principles or by bankruptcy, insolvency, reorganization, moratorium, or similar laws relating to or limiting creditors’ rights generally. 

5.5 Title to Assets; No Encumbrances. Each of the Loan Parties and its Subsidiaries has (a) good, sufficient and legal
title to (in the case of fee interests in Real Property), (b) valid leasehold interests in (in the case of leasehold interests in real or personal property), and (c) good and marketable title to (in the case of all other personal
property), all of their respective assets reflected in their most recent financial statements delivered pursuant to Section 6.1 and most recent collateral reports delivered pursuant to Section 6.2, in each case

  
 Exhibit D 

Page 2 

 
except for assets disposed of since the date of such financial statements to the extent permitted hereby. All of such assets are free and clear of Liens except for Permitted Liens. 

5.6 Jurisdiction of Organization; Location of Chief Executive Office; Organizational Identification Number; Commercial Tort
Claims. 
 (a) The exact legal name of (within the meaning of Section 9-503 of the Code) and jurisdiction of
organization of each Loan Party and each of its Subsidiaries is set forth on Schedule 5.6(a) to the Information Certificate (as such Schedule may be updated from time to time to reflect changes resulting from transactions permitted under this
Agreement). 
 (b) The chief executive office of each Loan Party and each of its Subsidiaries is located at the address indicated on
Schedule 5.6(b) to the Information Certificate (as such Schedule may be updated from time to time to reflect changes resulting from transactions permitted under this Agreement). 

(c) The tax identification number and organizational identification number, if any, of each Loan Party and each of its Subsidiaries are
identified on Schedule 5.6(c) to the Information Certificate (as such Schedule may be updated from time to time to reflect changes resulting from transactions permitted under this Agreement). 

(d) As of the Closing Date, no Loan Party and no Subsidiary of a Loan Party holds any Commercial Tort Claims that exceed $200,000 in amount,
except as set forth on Schedule 5.6(d) to the Information Certificate. 
 5.7 Litigation. 

(a) There are no actions, suits, or proceedings pending or, to the knowledge of any Loan Party, after due inquiry, threatened in writing
against a Loan Party or any of its Subsidiaries that either individually or in the aggregate could reasonably be expected to result in a Material Adverse Change. 

(b) Schedule 5.7(b) to the Information Certificate sets forth a complete and accurate description, with respect to each of the actions,
suits, or proceedings with asserted liabilities in excess of, or that could reasonably be expected to result in liabilities in excess of, $200,000 that, as of the Closing Date, is pending or, to the knowledge of any Loan Party, after due inquiry,
threatened against any Loan Party or any of its Subsidiaries, including (i) the parties to such actions, suits, or proceedings, (ii) the nature of the dispute that is the subject of such actions, suits, or proceedings, (iii) the
status, as of the Closing Date, with respect to such actions, suits, or proceedings, and (iv) whether any liability of any Loan Party or any Subsidiary in connection with such actions, suits, or proceedings is covered by insurance. 

5.8 Compliance with Laws. No Loan Party nor any of its Subsidiaries (a) is in violation of any applicable laws, rules,
regulations, executive orders, or codes (including Environmental Laws) that, individually or in the aggregate, could reasonably be expected to result in a Material Adverse Change, or (b) is subject to or in default with respect to any final
judgments, writs, injunctions, decrees, rules or regulations of any court or any federal, state, municipal or other governmental department, commission, board, bureau, agency or 

  
 Exhibit D 

Page 3 

 
instrumentality, domestic or foreign, that, individually or in the aggregate, could reasonably be expected to result in a Material Adverse Change. 

5.9 No Material Adverse Change. All historical financial statements relating to the Loan Parties and their Subsidiaries that
have been delivered by Borrowers to Lender have been prepared in accordance with GAAP (except, in the case of unaudited financial statements, for the lack of footnotes and being subject to year-end audit adjustments) and present fairly in all
material respects, the consolidated financial condition of the Loan Parties and their Subsidiaries as of the date thereof and results of operations for the period then ended. Since the date of the most recent financial statement delivered to Lender,
no event, circumstance, or change has occurred that has or could reasonably be expected to result in a Material Adverse Change with respect to the Loan Parties and their Subsidiaries. 

5.10 Fraudulent Transfer. 

(a) Each Loan Party is Solvent. 

(b) No transfer of property is being made by any Loan Party and no obligation is being incurred by any Loan Party in connection with the
transactions contemplated by this Agreement or the other Loan Documents with the intent to hinder, delay, or defraud either present or future creditors of such Loan Party. 

5.11 Employee Benefits. No Loan Party, none of their Subsidiaries, nor any of their ERISA Affiliates maintains or contributes to
any Benefit Plan. 
 5.12 Environmental Condition. [Intentionally Omitted]. 

5.13 Intellectual Property. Each Loan Party and each of its Subsidiaries own, or hold licenses in, all trademarks, trade names,
copyrights, patents, and licenses that are necessary to the conduct of its business as currently conducted. 
 5.14 Leases.
Each Loan Party and each of its Subsidiaries enjoy peaceful and undisturbed possession under all leases material to their business and to which it is a party or under which it is operating, and, subject to Permitted Protests, all of such material
leases are valid and subsisting and no material default by the applicable Loan Party or the applicable Subsidiary exists under any of them. 

5.15 Deposit Accounts and Securities Accounts. Set forth on Schedule 5.15 to the Information Certificate (as updated
pursuant to Section 6.12(j)(iv)) is a listing of all of the Deposit Accounts and Securities Accounts of each Loan Party and each of its Subsidiaries, including, with respect to each bank or securities intermediary (a) the name and
address of such Person, and (b) the account numbers of the Deposit Accounts or Securities Accounts maintained with such Person. 
 5.16
Complete Disclosure. All factual information taken as a whole (other than forward-looking information and projections and information of a general economic nature and general information about the industry of a Loan Party or any of its
Subsidiaries) furnished by or on behalf of a Loan Party or any of its Subsidiaries in writing to Lender (including all 

  
 Exhibit D 

Page 4 

 
information contained in the Schedules hereto or in the other Loan Documents) for purposes of or in connection with this Agreement or the other Loan Documents, and all other such factual
information taken as a whole (other than forward-looking information and projections and information of a general economic nature and general information about the industry of a Loan Party or any of its Subsidiaries) hereafter furnished by or on
behalf of a Loan Party or any of its Subsidiaries in writing to Lender will be, true and accurate, in all material respects, on the date as of which such information is dated or certified and not incomplete by omitting to state any fact necessary to
make such information (taken as a whole) not misleading in any material respect at such time in light of the circumstances under which such information was provided. The Projections most recently delivered to Lender represent, and as of the date on
which any other Projections are delivered to Lender, such additional Projections represent, each Borrowers’ good faith estimate, on the date such Projections are delivered, of the future performance of a Loan Party or any of its Subsidiaries
for the periods covered thereby based upon assumptions believed by Borrowers to be reasonable at the time of the delivery thereof to Lender. 

5.17 Material Contracts. Set forth on Schedule 5.17 to the Information Certificate (as such Schedule may be updated from
time to time in accordance herewith) is a reasonably detailed description of the Material Contracts of each Loan Party and each of its Subsidiaries as of the most recent date on which Borrowers provided their Compliance Certificate pursuant to
Section 6.1; provided, however, that any Borrower may amend Schedule 5.17 to the Information Certificate to add additional Material Contracts so long as such amendment occurs by written notice to Lender on the date
that such Borrower provides its Compliance Certificate. Except for matters which, either individually or in the aggregate, could not reasonably be expected to result in a Material Adverse Change, each Material Contract (other than those that have
expired at the end of their normal terms) (a) is in full force and effect and is binding upon and enforceable against the applicable Loan Party or the applicable Subsidiary and, to such Borrower’s knowledge, after reasonable due inquiry,
each other Person that is a party thereto in accordance with its terms, (b) has not been otherwise amended or modified (other than amendments or modifications permitted by Section 7.7(b)), and (c) is not in default due to the
action or inaction of the applicable Loan Party or the applicable Subsidiary. 
 5.18 Patriot Act. To the extent applicable,
each Loan Party and each of its Subsidiaries is in compliance, in all material respects, with the (a) Trading with the Enemy Act, as amended, and each of the foreign assets control regulations of the United States Treasury Department (31 CFR,
Subtitle B, Chapter V, as amended) and any other enabling legislation or executive order relating thereto, and (b) Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism (USA Patriot Act of
2001) (the “Patriot Act”). No part of the proceeds of the loans made hereunder will be used by any Loan Party or any of its Subsidiaries or any of their Affiliates, directly or indirectly, for any payments to any governmental
official or employee, political party, official of a political party, candidate for political office, or anyone else acting in an official capacity, in order to obtain, retain or direct business or obtain any improper advantage, in violation of the
United States Foreign Corrupt Practices Act of 1977, as amended. 
 5.19 Indebtedness. Set forth on Schedule 5.19 to the
Information Certificate is a true and complete list of all Indebtedness of each Loan Party and each of its Subsidiaries outstanding immediately prior to the Closing Date that is to remain outstanding immediately after giving

  
 Exhibit D 

Page 5 

 
effect to the closing hereunder on the Closing Date and such Schedule accurately sets forth the aggregate principal amount of such Indebtedness as of the Closing Date. 

5.20 Payment of Taxes. Except as otherwise permitted under Section 6.5, all tax returns and reports of each Loan
Party and each of its Subsidiaries required to be filed by any of them have been timely filed, and all taxes shown on such tax returns to be due and payable and all assessments, fees and other governmental charges upon a Loan Party and its
Subsidiaries and upon their respective assets, income, businesses and franchises that are due and payable have been paid when due and payable. Each Loan Party and each of its Subsidiaries have made adequate provision in accordance with GAAP for all
taxes not yet due and payable. No Borrower knows of any proposed tax assessment against a Loan Party or any of its Subsidiaries that is not being actively contested by such Loan Party or such Subsidiary diligently, in good faith, and by appropriate
proceedings; provided such reserves or other appropriate provisions, if any, as shall be required in conformity with GAAP shall have been made or provided therefor. 

5.21 Margin Stock. No Loan Party nor any of its Subsidiaries is engaged principally, or as one of its important activities, in
the business of extending credit for the purpose of purchasing or carrying any Margin Stock. No part of the proceeds of the loans made to Borrowers will be used to purchase or carry any such Margin Stock or to extend credit to others for the purpose
of purchasing or carrying any such Margin Stock or for any purpose that violates the provisions of Regulation T, U or X of the Board of Governors of the United States Federal Reserve. 

5.22 Governmental Regulation. No Loan Party nor any of its Subsidiaries is subject to regulation under the Federal Power Act or
the Investment Company Act of 1940 or under any other federal or state statute or regulation which may limit its ability to incur Indebtedness or which may otherwise render all or any portion of the Obligations unenforceable. No Loan Party nor any
of its Subsidiaries is a “registered investment company” or a company “controlled” by a “registered investment company” or a “principal underwriter” of a “registered investment company” as such terms
are defined in the Investment Company Act of 1940. 
 5.23 OFAC. No Loan Party nor any of its Subsidiaries is in violation of
any of the country or list based economic and trade sanctions administered and enforced by OFAC. No Loan Party nor any of its Subsidiaries (a) is a Sanctioned Person or a Sanctioned Entity, (b) has its assets located in Sanctioned
Entities, or (c) derives revenues from investments in, or transactions with Sanctioned Persons or Sanctioned Entities. No proceeds of any loan made hereunder will be used to fund any operations in, finance any investments or activities in, or
make any payments to, a Sanctioned Person or a Sanctioned Entity. 
 5.24 Employee and Labor Matters. There is (a) no
unfair labor practice complaint pending or, to the knowledge of Borrowers, threatened against any Loan Party or any of its Subsidiaries before any Governmental Authority and no grievance or arbitration proceeding pending or threatened against any
Loan Party or any of its Subsidiaries which arises out of or under any collective bargaining agreement and that could reasonably be expected to result in a material liability, (b) no strike, labor dispute, slowdown, stoppage or similar action
or grievance pending or threatened in writing against any Loan Party or any of its Subsidiaries that could reasonably be expected to result in a material liability, or (c) to the knowledge of Borrowers,

  
 Exhibit D 

Page 6 

 
after due inquiry, no union representation question existing with respect to the employees of any Loan Party or any of its Subsidiaries and no union organizing activity taking place with respect
to any of the employees of any Loan Party or any of its Subsidiaries. No Loan Party or any of its Subsidiaries has incurred any liability or obligation under the Worker Adjustment and Retraining Notification Act or similar state law, which remains
unpaid or unsatisfied. The hours worked and payments made to employees of each Loan Party and each of its Subsidiaries have not been in violation of the Fair Labor Standards Act or any other applicable legal requirements, except to the extent such
violations could not, individually or in the aggregate, reasonably be expected to result in a Material Adverse Change. All material payments due from any Loan Party or any of its Subsidiaries on account of wages and employee health and welfare
insurance and other benefits have been paid or accrued as a liability on the books of such Loan Party, except where the failure to do so could not, individually or in the aggregate, reasonably be expected to result in a Material Adverse Change. 

5.25 Collateral. 

(a) Real Property. Schedule 5.26(a) to the Information Certificate sets forth all Real Property owned by any of the Loan Parties
as of the Closing Date. 
 (b) Intellectual Property. 

(i) As of the Closing Date, Schedule 5.26(b) to the Information Certificate provides a complete and correct list of: (A) all
registered Copyrights owned by any Loan Party, all applications for registration of Copyrights owned by any Loan Party, and all other Copyrights owned by any Loan Party and material to the conduct of the business of any Loan Party; (B) all
Intellectual Property Licenses entered into by any Loan Party pursuant to which (x) any Loan Party has provided any license or other rights in Intellectual Property owned or controlled by such Loan Party to any other Person or (y) any
Person has granted to any Loan Party any license or other rights in Intellectual Property owned or controlled by such Person that is material to the business of such Loan Party, including any Intellectual Property that is incorporated in any
Inventory, software, or other product marketed, sold, licensed, or distributed by such Loan Party; (C) all Patents owned by any Loan Party and all applications for Patents owned by any Loan Party; and (D) all registered Trademarks owned by
any Loan Party, all applications for registration of Trademarks owned by any Loan Party, and all other Trademarks owned by any Loan Party and material to the conduct of the business of any Loan Party; 

(ii) all employees and contractors of each Loan Party who were involved in the creation or development of any Intellectual Property for or on
behalf of such Loan Party that is necessary to the business of such Loan Party and where Loan Party is to own such Intellectual Property have signed agreements containing assignment of Intellectual Property rights to such Loan Party and customary
obligations of confidentiality; 
 (iii) to each Loan Party’s knowledge, no Person has infringed or misappropriated or is currently
infringing or misappropriating any Intellectual Property rights owned by such Loan Party, in each case, that either individually or in the aggregate could reasonably be expected to result in a Material Adverse Change; 

  
 Exhibit D 

Page 7 

 (iv) to each Loan Party’s knowledge after reasonable inquiry, all registered Copyrights,
registered Trademarks, and issued Patents that are owned by such Loan Party and necessary in to the conduct of its business are valid, subsisting and enforceable and in compliance with all legal requirements, filings, and payments and other actions
that are required to maintain such Intellectual Property in full force and effect; and 
 (v) each Loan Party has taken reasonable steps to
maintain the confidentiality of and otherwise protect and enforce its rights in all trade secrets owned by such Loan Party that are necessary in the business of such Loan Party; 

(d) Valid Security Interest. This Agreement creates a valid security interest in the Collateral of each Loan Party, to the extent a
security interest therein can be created under the Code, securing the payment of the Obligations. Except to the extent a security interest in the Collateral cannot be perfected by the filing of a financing statement under the Code, all filings and
other actions reasonably necessary to perfect and protect such security interest have been duly taken or will have been taken upon the filing of financing statements listing each applicable Loan Party, as a debtor, and Lender for itself and as agent
for the Bank Product Providers, as secured party, in the jurisdictions listed next to such Loan Party’s name on Schedule 5.6(a) to the Information Certificate. Upon the making of such filings, Lender shall have a first priority perfected
security interest in the Collateral of each Loan Party to the extent such security interest can be perfected by the filing of a financing statement, subject to Permitted Liens which are purchase money Liens. Upon filing of the Copyright Security
Agreement with the United States Copyright Office, filing of the Patent and Trademark Security Agreement with the PTO, and the filing of appropriate financing statements in the jurisdictions listed on Schedule 5.6(a) to the Information Certificate,
all action reasonably necessary to protect and perfect the Security Interest in and to on each Loan Party’s Patents, Trademarks, or Copyrights will have been taken. 

5.26 Eligible Accounts. As to each Account that is identified by a Borrower as an Eligible Account in a Borrowing Base
Certificate submitted to Lender, such Account is (a) a bona fide existing payment obligation of the applicable Account Debtor created by the sale and delivery of Inventory or the rendition of services to such Account Debtor in the ordinary
course of such Borrower’s business, (b) owed to such Borrower, and (c) not excluded as ineligible by virtue of one or more of the excluding criteria (other than Lender-discretionary criteria) set forth in the definition of Eligible
Accounts. 
 5.27 Locations of Equipment. The Equipment (other than vehicles or Equipment out for repair) of the Loan Parties
and their Subsidiaries are not stored with a bailee, warehouseman, or similar party and are located only at, or in-transit between or to, the locations identified on Schedule 5.29 to the Information Certificate (as such Schedule may be
updated pursuant to Section 6.14). 

  
 Exhibit D 

Page 8 

 EXHIBIT E 

TO CREDIT AND SECURITY AGREEMENT 

INFORMATION CERTIFICATE 
 OF 

COUPONS.COM INCORPORATED 
  

 
 Dated:
September 30, 2013 
 Wells Fargo Bank, National Association 

1300 SW Fifth Avenue 
 Portland, Oregon 97201 

Attn: Relationship Manager – Coupons.com 
 In connection
with certain financing provided or to be provided by Wells Fargo Bank, National Association (“Lender”), the undersigned Borrower (the “Loan Party”) represents and warrants to Lender the following information about
the Loan Party (capitalized terms not specifically defined shall have the meaning set forth in the Agreement): 
  

	1.	Attached as Schedule 5.1(b) is a complete and accurate description of (i) the authorized capital Stock of the Loan Party and each of its Subsidiaries, by class, and the number of shares issued and
outstanding and the names of the owners thereof (including stockholders, members and partners) and their holdings, all as of the date of this Agreement, (ii) all subscriptions, options, warrants or calls relating to any shares of Stock of the
Loan Party and each of its Subsidiaries, including any right of conversion or exchange; (iii) each stockholders’ agreement, restrictive agreement, voting agreement or similar agreement relating to any such capital Stock; and (iv) an
organization chart of the Loan Party and all Subsidiaries. 

  

	2.	The Loan Party is affiliated with, or has ownership in, the entities (including Subsidiaries) set forth on Schedule 5.1(c). 

  

	3.	The Loan Party uses the following trade name(s) in the operation of their business (e.g. billing, advertising, etc.): 

Coupons, Inc. 
 Coupons.com
Limited 
  

	4.	The Loan Party is a registered organization of the following type: 

 Corporation 

  
 Exhibit E 

Page 1 

	5.	The exact legal name (within the meaning of Section 9-503 of the Code) of the Loan Party and each Subsidiary of the Loan Party as set forth in its respective certificate of incorporation, organization or formation,
or other public organic document, as amended to date is set forth in Schedule 5.6(a). 

  

	6.	The Loan Party and each Subsidiary of the Loan Party is organized solely under the laws of the State set forth on Schedule 5.6(a). The Loan Party and each Subsidiary of the Loan Party is in good standing under
those laws and the Loan Party is not organized in any other State. 

  

	7.	The chief executive office and mailing address of the Loan Party and each Subsidiary of the Loan Party is located at the address set forth on Schedule 5.6(b) hereto. 

 

	8.	The books and records of the Loan Party and each Subsidiary of the Loan Party pertaining to Accounts, contract rights, Inventory, and other assets are located at the addresses specified on Schedule 5.6(b).

  

	9.	The identity and Federal Employer Identification Number of the Loan Party and each Subsidiary of the Loan Party and organizational identification number, if any, is set forth on Schedule 5.6(c).

  

	10.	The Loan Party does not have any Commercial Tort Claims, except as set forth on Schedule 5.6(d). 

  

	11.	There are no judgments, actions, suits, proceedings or other litigation pending by or against or threatened by or against the Loan Party, any of its Subsidiaries and/or Affiliates or any of its officers or principals,
except as set forth on Schedule 5.7(b). 

  

	12.	Since its date of organization, the name as set forth in the Loan Party’s organizational documentation filed of record with the applicable state authority has been changed as follows: 

 

							
	 Date
	  	 Name
	  	 Prior Name
	  	 State of Incorporation

				
	May 22, 1998	  	XAdvantage Corporation	  	N/A	  	California
				
	April 12, 2000	  	Coupons.com, Inc.	  	XAdvantage Corporation	  	California
				
	March 20, 2001	  	Coupons, Inc.	  	Coupons.com, Inc.	  	California
				
	October, 31, 2008	  	Coupons.com, Inc.	  	Coupons, Inc.	  	Delaware
				
	November 7, 2008	  	Coupons.com Incorporated	  	Coupons.com, Inc.	  	Delaware

  
 Exhibit E 

Page 2 

	13.	Since the date of its organization, the Loan Party has made or entered into the following mergers or acquisitions: 

  

					
	 Loan Party
	  	 Date
	  	 Description

	Coupons.com Incorporated	  	May 11, 2006	  	Coupons.com Incorporated acquired a 50% equity interest in Couponstar International PTY. LTD., an Australian company, and a 50% equity interest in Couponstar Technology LTD., a British Virgin Islands company
(together, “Couponstar”), for $5 million in aggregate.
			
		  	May 9, 2007	  	Coupons.com Incorporated acquired substantially all of the assets of Consumer Networks, LLC, for approximately $1.2 million in aggregate.
			
		  	June 24, 2008	  	Coupons.com Incorporated acquired substantially all of the assets of CouponBug, LLC, for shares of capital stock of Coupons.com Incorporated.
			
		  	January 21, 2009	  	Coupons.com Incorporated acquired substantially all of the assets of Free State Labs, LLC, for $25,000 in aggregate.
			
		  	September 26, 2011	  	Coupons.com Incorporated acquired the remaining 50% interest in the net assets of Couponstar for a total purchase price of $10 million.
			
		  	April 23, 2012	  	Coupons.com Incorporated acquired substantially all of the assets of KitchMe for $0.5 million in aggregate.

  

	14.	The assets of the Loan Party and of each Subsidiary of the Loan Party are owned and held free and clear of Liens, mortgages, pledges, security interests, encumbrances or charges except as set forth below:

  
 Exhibit E 

Page 3 

													
	 Debtor
	  	 Jurisdiction
	  	 Secured Party
	  	 Type of

Filing
	  	 File Number
	  	 File Date
	  	 Collateral

	Coupons.com Incorporated	  	Delaware Secretary of State	  	Everbank Commercial Finance, Inc.	  	Original	  	20120416331	  	2/1/12	  	Equipment
	Coupons.com Incorporated	  	Delaware Secretary of State	  	Everbank Commercial Finance, Inc.	  	Original	  	20121703661	  	5/2/12	  	Equipment
	Coupons.com Incorporated	  	Delaware Secretary of State	  	Everbank Commercial Finance, Inc.	  	Original	  	20122099135	  	5/31/12	  	Equipment
	Coupons.com Incorporated	  	Delaware Secretary of State	  	Spieker Living Trust UAD 3/12/2002	  	Original	  	20123967710	  	10/15/12	  	Accounts Receivables or Accounts
	Coupons, Inc.	  	California Secretary of State	  	US Express Leasing, Inc.	  	Original	  	09-7189618736	  	3/5/09	  	Equipment
	Coupons.com Incorporated	  	California Secretary of State	  	Somerset Leasing Corp. II	  	Original	  	117270068375	  	5/18/11	  	Rights, Title and Interest in and to the Payment Plan Agreement

  

	15.	The Loan Party and each Subsidiary of the Loan Party has been and remains in compliance with all environmental laws applicable to its business or operations except as set forth on Schedule 5.12.

  

	16.	The Loan Party does not have, and no Subsidiary of the Loan Party has any Deposit Accounts, investment accounts, Securities Accounts or similar accounts with any bank, securities intermediary or other financial
institution, except as set forth on Schedule 5.15 for the purposes and of the types indicated therein. 

  

	17.	The Loan Party is not, and no Subsidiary of the Loan Party is a party to or bound by any collective bargaining or similar agreement with any union, labor organization or other bargaining agent except as set forth below
(indicate date of agreement, parties to agreement, description of employees covered, and date of termination) 

 None. 

 

	18.	Set forth on Schedule 5.19 is a true and complete list of all Indebtedness of the Loan Party and its Subsidiaries outstanding immediately prior to the Closing Date. 

 

	19.	The Loan Party has not, and no Subsidiary of any Loan Party has made any loans or advances or guaranteed or otherwise become liable for the obligations of any others, except as set forth below: 

None. 

  
 Exhibit E 

Page 4 

	20.	The Loan Party does not have any Chattel Paper (whether tangible or electronic) or instruments as of the date hereof, except as follows: 

None. 
  

	21.	The Loan Party does not own or license any Trademarks, Patents, Copyrights or other Intellectual Property, and is not a party to any Intellectual Property License except as set forth on Schedule 5.26(b) (indicate
type of Intellectual Property and whether owned or licensed, registration number, date of registration, and, if licensed, the name and address of the licensor) and there are no restrictions in any Intellectual Property License that restrict the sale
or other disposition of any Inventory, Equipment or other property of the Loan Party other than as set forth in Schedule 5.26(b). 

  

	22.	Schedule 5.26(a) sets forth all Real Property owned by the Loan Party. 

  

	23.	The Equipment and other goods of the Loan Party are located only at the locations set forth on Schedule 5.29. 

  

	24.	At the present time, there are no delinquent taxes due (including, but not limited to, all payroll taxes, personal property taxes, real estate taxes or income taxes) of the Loan Party or any Subsidiary of the Loan Party
except as follows: 

 None. 

[REMAINDER OF PAGE INTENTIONALLY LEFT BLANK] 

  
 Exhibit E 

Page 5 

 Lender shall be entitled to rely upon the foregoing in all respects and the undersigned is duly
authorized to execute and deliver this Information Certificate on behalf of each Loan Party. 
 Very truly yours, 

COUPONS.COM INCORPORATED 
  

			
	By:	 	  

	Name:	 	Steven R. Boal
	Title:	 	President and Chief Executive Officer

  
 Exhibit E 

 Schedule 5.1(b) 

TO INFORMATION CERTIFICATE 

Capitalization of Loan Parties 

and Subsidiaries 
 Organization
Chart 
 (i) 
  

													
	 Entity
	  	Authorized
Shares/Issued
Shares	  	Holder	  	Type of Rights/
Stock (common/preferred/option/
class)	  	Number
of
Shares
(after
exercise
of all
rights to
acquire
shares)	  	Percent
Interest
(on a
fully
diluted
basis)	 
	 Coupons, Inc.
	  	200/N/A	  	Coupons.com
Incorporated	  	Common stock	  	N/A	  	 	100	% 
	 Cleo Holding Corporation
	  	200/N/A	  	Coupons.com
Incorporated	  	Common stock	  	N/A	  	 	100	% 
	 Coupons.com Limited
	  	20/20	  	Coupons.com
Incorporated	  	Ordinary shares	  	N/A	  	 	100	% 
	 Coupons.com Holdings (BVI) Limited
	  	50,000/100	  	Coupons.com
Incorporated	  	Ordinary shares	  	N/A	  	 	100	% 
	 Coupons.com Incorporated
	  	See attached.	  	See attached.	  	See attached.	  	See
attached.	  	 
 	See
attached.	  
  

 (ii) 
  

	 	1.	See Part 1 of Schedule 5.19 below. 

  

	 	2.	See attached. 

 (iii) 

Stock Plans (Coupons.com Incorporated only) 
  

	 	•	 	2000 Stock Plan 

	 	•	 	2006 Stock Plan 

  

	 	•	 	Amended and Restated Investors’ Rights Agreement dated June 1, 2011 

 Charter Documents 

 

	 	•	 	Amended and Restated Certificate of Incorporation of Coupons.com Incorporated, dated as of May 31, 2011, as amended. 

(iv) 
  
 

 

 Schedule 5.1(c) 

TO INFORMATION CERTIFICATE 

Subsidiaries; Affiliates; Investments 
 Part 1
- Subsidiaries (More than 50% owned by a Loan Party) 
  

							
	 Name
	  	Jurisdiction of
Organization	  	Percentage Owned	 
	 Coupons.com Holdings (BVI) Limited
	  	British Virgin Islands	  	 	100	% 
	 Coupons.com Limited
	  	United Kingdom	  	 	100	% 
	 Cleo Holding Corporation
	  	Delaware	  	 	100	% 
	 Coupons, Inc.
	  	California	  	 	100	% 

 Part 2 - Affiliates (Less than 50% Owned by the Loan Party) 

None. 
 Part 3 - Affiliates (Subject to common ownership
with the Loan Party) 
 None. 
 Part 4 - Shareholders
(If widely held, only holders with more than 10%) 
  

							
	 Name
	  	Jurisdiction of
Organization	  	Percentage
Owned	 
	 Passport Ventures, LLC
	  	Delaware	  	 	17.24	% 

 Schedule 5.6(a) 

TO INFORMATION CERTIFICATE 

Exact Legal Name and Jurisdiction of Organization 
  

			
	 Legal Name
	  	 Jurisdiction of

Organization

	Coupons.com Incorporated	  	Delaware
	Coupons, Inc.	  	California
	Cleo Holding Corporation	  	Delaware
	Coupons.com Holdings (BVI) Limited	  	British Virgin Islands
	Coupons.com Limited	  	United Kingdom

 Schedule 5.6(b) 

TO INFORMATION CERTIFICATE 

Locations 
 Part 1 - Chief Executive Office

 400 Logue Avenue 
 Mountain View, CA 94043 (all entities
except for Coupons.com Limited) 
 Landmark House 
 Hammersmith
Bridge Road 
 London W6 9DP 
 United Kingdom (Coupons.com
Limited only) 
 Part 2 - Location of Books and Records 

400 Logue Avenue 
 Mountain View, CA 94043 (all entities) 

 Schedule 5.6(c) 

TO INFORMATION CERTIFICATE 

Federal Employer Identification Number 

Organizational Identification Number 
  

					
	 Name
	  	 Federal Employer

Identification Number
	  	 Organizational Identification

Number

	Coupons.com Incorporated	  	77-0485123	  	4607217
			
	Coupons, Inc.	  	N/A	  	C3512362
			
	Cleo Holding Corporation	  	46-1139354	  	5223524
			
	Coupons.com Holdings (BVI) Limited	  	N/A	  	1671522
			
	Coupons.com Limited	  	 GB 120 7254 51
 (VAT Registration No.)
	  	07775437

 Schedule 5.6(d) 

TO INFORMATION CERTIFICATE 

Commercial Tort Claims 
 None. 

 Schedule 5.7(b) 

TO INFORMATION CERTIFICATE 

Judgments/ Pending Litigation 

 Schedule 5.12 

TO INFORMATION CERTIFICATE 

Environmental Compliance 
 None. 

 Schedule 5.15 

TO INFORMATION CERTIFICATE 

Deposit Accounts; Investment Accounts 
 Part 1
- Deposit Accounts 
  

					
	 Name and Address of Bank
	  	 Account No.
	  	 Purpose*

	Bank of the West	  		  	Payroll Checking Account
		  		  	Auth.net
	P.O. Box 2830	  		  	Checking
	Omaha, NE 68103-2830	  		  	Money Market
		  		  	Money Market
		  		  	FSA Cash Account
		  		  	Prefunded Checking
		  		  	Prefunded Money Market
		  		  	Transfer of cash into escrow for ICANN
	Wells Fargo	  		  	BC
		  		  	Clearing
	(182) P.O. Box 63020	  		  	Digital Clearing
	San Francisco, CA 94163	  		  	Holdings (BVI) Limited

 ¬Part 2 - Investment and Other Accounts 
  

									
	 Name and Address of Broker or
Other Institution
	  	 Account No.
	  	 Purpose
	  	 Types of

Investments
	  	 Balance as of

6/30/13

	 Wells Fargo
 (182) P.O. Box 63020

San Francisco, CA 94163
	  		  	Investment Account	  		  	

  

	*	For “Purpose” indicate either: “collection account” if proceeds of receivables or other assets are deposited in it, and note “lockbox” if it is subject to lockbox servicing arrangements
with the applicable bank or “disbursement account” if it is a checking account or account used for transferring funds to third parties and note if it is used for a specific purpose, e.g., “payroll”, “medical”,
“insurance”, “escrow” etc. Also, please note any “zero balance” or other automatic sweep or investment sweep accounts. 

 Schedule 5.19 

TO INFORMATION CERTIFICATE 

Existing Indebtedness 
 Part 1 - Direct Debt

  

									
	 Name/Address of Payee
	  	Principal Balance as
of the date hereof	 	  	Nature of Debt	  	Term
	 Spieker Living Trust UAD 3/12/2002

 
 2180 Sand Hill Road

Suite 100

Menlo Park, CA 94025
	  	$	15,000,000.00	  	  	Secured Promissory
Note	  	2 years (Oct. 5,
2012 – Oct. 5
2014)

 Part 2 - Guarantees 

None. 

 Schedule 5.26(a) 

TO INFORMATION CERTIFICATE 
 Owned
Real Estate 
 None. 

 Schedule 5.26(b) 

TO INFORMATION CERTIFICATE 

Intellectual Property 

 Schedule 5.29 

TO INFORMATION CERTIFICATE 

Locations of Equipment 
 Locations of
Equipment and Other Assets 
  

					
	 Address
	  	 Owned/Leased/Third
Party*
	  	 Name/Address of Lessor or Third Party, as

Applicable

	 400 Logue Avenue
 Mountain View, CA
94043
	  	Leased	  	 400 Logue LLC
 318 Country Road 27

Woodland, CA 95695

			
	 500 Logue Avenue
 Mountain View, CA
94043
	  	Leased	  	 BP MV Technology Park LLC
 Four Embarcadero
Center
 San Francisco, CA 94111

			
	 510 Logue Avenue
 Mountain View, CA
94043
	  	Leased	  	 BP MV Technology Park LLC
 Four Embarcadero
Center
 San Francisco, CA 94111

			
	 520 Logue Avenue
 Mountain View, CA
94043
	  	Leased	  	 BP MV Technology Park LLC
 Four Embarcadero
Center
 San Francisco, CA 94111

			
	 3310 Victor Court
 Santa Clara, CA
	  	Leased	  	 Nam Oh
 P.O. Box 700111

San Jose, CA 95170

			
	 5191 Natrop Blvd, Suite 420
 Mason, OH
45040
	  	Leased	  	 Duke Realty Ohio
 4555 Lake Forest Drive, Suite
400,
 Cincinnati, OH 45242

			
	 1551 S. Piazza Drive
 Bloomington, IN
47401
	  	Leased	  	 Renwick Village Center Holdings C-6, LLC
 S.
Piazza Drive
 Bloomington, IN 47401

			
	 6401 W. Eldorado Parkway
 McKinney, TX
75070
	  	Leased	  	 Yeager of McKinney, LLC
 6401 Eldorado
Parkway
 McKinney, TX 75070

			
	2nd Floor Landmark House, Hammersmith Bridge Road, London W6 9DP U.K.	  	Leased	  	 GEMS Hammersmith (Luxembourg) SARL
 13-15 Avenue
de la Liberté, L-1931
 Luxembourg, Grand Duchy of Luxembourg

			
	 7135 S. Decatur Blvd
 Las Vegas, NV
89118
	  	Third Party (data colocation center)	  	 Switch Communications
 7135 S. Decatur Blvd

Las Vegas, NV 89118

			
	 2403 Walsh Avenue
 Santa Clara, CA
95051
	  	Third Party (data colocation center)	  	 Savvis, Inc.
 2403 Walsh Avenue

Santa Clara, CA 95051

  

	*	Indicate in this column next to applicable address whether the locations is owned by the Company, leased by the Company or owned and operated by a third party (e.g., warehouse, processor, consignee, etc.)

 Schedule A-1 

TO CREDIT AND SECURITY AGREEMENT 

Collection Account 
 Name of Bank: Wells Fargo
Bank, NA 
 Account No.: 

 Schedule A-2 

TO CREDIT AND SECURITY AGREEMENT 

Authorized Person 
  

	1.	Richard Hornstein, Chief Financial Officer, General Counsel and Secretary 

  

	2.	Steven R. Boal, President and Chief Executive Officer 

 Schedule D-1 

TO CREDIT AND SECURITY AGREEMENT 

Designated Account 
 Name of Bank: Wells Fargo
Bank, NA 
 Account No.: 

 Schedule P-1 

TO CREDIT AND SECURITY AGREEMENT 

Permitted Investments 
 None. 

 Schedule P-2 

TO CREDIT AND SECURITY AGREEMENT 

Permitted Liens 
  

													
	 Debtor
	  	 Jurisdiction
	  	 Secured Party
	  	 Type of Filing
	  	 File Number
	  	 File Date
	  	 Collateral

	Coupons.com Incorporated	  	Delaware Secretary of State	  	Everbank Commercial Finance, Inc.	  	Original	  	20120416331	  	2/1/12	  	Equipment
							
	Coupons.com Incorporated	  	Delaware Secretary of State	  	Everbank Commercial Finance, Inc.	  	Original	  	20121703661	  	5/2/12	  	Equipment
							
	Coupons.com Incorporated	  	Delaware Secretary of State	  	Everbank Commercial Finance, Inc.	  	Original	  	20122099135	  	5/31/12	  	Equipment
							
	Coupons.com Incorporated	  	Delaware Secretary of State	  	Spieker Living Trust UAD 3/12/2002	  	Original	  	20123967710	  	10/15/12	  	Accounts Receivables or Accounts
							
	Coupons, Inc.	  	California Secretary of State	  	US Express Leasing, Inc.	  	Original	  	09-7189618736	  	3/5/09	  	Equipment
							
	Coupons.com Incorporated	  	California Secretary of State	  	Somerset Leasing Corp. II	  	Original	  	117270068375	  	5/18/11	  	Rights, Title and Interest in and to the Payment Plan Agreement

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