Document:

Amendment No.1 dated December 29, 2008 to Executive Employment Agreement

 EXHIBIT 10.1 
 AMENDMENT NO. 1 
 TO 
 EXECUTIVE EMPLOYMENT AGREEMENT 
 THIS AMENDMENT NO. 1 TO EXECUTIVE EMPLOYMENT AGREEMENT (the
“Amendment”) is effective as of December 29, 2008 between Spark Networks, Inc. (the “Company”) and Adam S. Berger (“Executive”), the Company’s Chief Executive Officer. Capitalized terms used herein and not
defined shall have the meanings given to them in the Executive Employment Agreement, effective February 12, 2007, between Executive and the Company (the “Agreement”). 
 NOW, THEREFORE, for good and valuable consideration and intending to be legally bound hereby, the parties amend the Agreement as follows: 
 1. Section 8.1 of the Agreement is amended and restated in its entirety as follows: 
 In the event that
the Company causes to occur an involuntary termination without Cause (as defined in Section 8.9) or in the event that Executive resigns from employment with the Company for Good Reason (as defined in Section 8.9) during the Term of
Employment, Executive shall be entitled to a “Severance Package” that consists of the following: (a) a single cash lump-sum “Severance Payment” equal to the Retention Bonus plus one hundred percent (100%) of the annual
Base Salary in effect immediately prior to Executive’s termination of employment, payment to be made within thirty (30) days following termination, (b) reimbursement of any COBRA payments paid by Executive in the twelve
(12) month period following Executive’s termination of employment, and (c) immediate vesting of the lesser of (x) three hundred and twenty-five thousand stock-option Shares (it being understood the Executive will have the
discretion to elect which of the shares subject to the options granted under Section 4.4 will vest), or (y) the remaining unvested stock-option Shares granted under Section 4.4, and Executive shall also have one year to exercise all
vested options held by Executive immediately following Executive’s termination of employment; provided, however, that Executive executes, within the thirty (30)-day period following termination, a Separation Agreement that
includes a general mutual release by the Company and Executive in favor of the other and their successors, affiliates and estates to the fullest extent permitted by law, drafted by and in a form reasonably satisfactory to the Company and Executive,
and Executive does not revoke the mutual general release within any legally required revocation period, if applicable. All legally required and authorized deductions and tax withholdings shall be made from the Severance Payment, including for wage
garnishments, if applicable, to the extent required or permitted by law. Effective immediately upon termination of employment, Executive shall no longer be eligible to contribute to or to receive additional Company contributions as an active
participant in any retirement or benefit plan covering employees of 

 
the Company, but shall continue to have all rights under each such plan that are afforded to terminated employees and inactive participants. 
 2. Section 8.2 of the Agreement is amended by deleting the fifth sentence thereof in its entirety and amending and restating the third sentence
thereof in its entirety as follows: 
 In addition, in the event that within twelve (12) months following a Change in Control, the
Company or its successors causes to occur an involuntary termination without Cause (as defined in Section 8.9) or in the event that Executive resigns from employment with the Company for Good Reason (as defined in Section 8.9), Executive
shall be entitled to the Severance Package provided under Section 8.1, payment to commence within thirty (30) days following termination, except that vesting of all of Executive’s unvested stock options shall have accelerated
immediately prior to the Change in Control; provided, however, that Executive must, within the thirty (30)-day period following termination, execute a Separation Agreement that includes a general mutual release by the Company and
Executive in favor of the other and their successors, affiliates and estates to the fullest extent permitted by law, drafted by and in a form reasonably satisfactory to the Company and Executive, and Executive does not revoke the mutual general
release within any legally required revocation period, if applicable. 
 3. Section 8.9(d) of the Agreement is amended by adding the
following new sentence to the end thereof: 
 Notwithstanding the above, the occurrence of any of the events described in the foregoing
sentence shall not constitute Good Reason unless Executive gives the Company written notice, within thirty (30) calendar days after Executive has knowledge of the occurrence of any of the events described in the foregoing sentence, that such
circumstances constitute Good Reason and the Company thereafter fails to cure such circumstances within thirty (30) days after receipt of such notice. 
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 Except as expressly amended hereby, the Agreement remains in full force and effect in accordance with its terms.
Notwithstanding the foregoing, to the extent that there is any inconsistency between the provisions of the Agreement and this Amendment, the provisions of this Amendment shall control. 
 IN WITNESS WHEREOF, the parties have executed this Amendment on December 29, 2008. 
 SPARK NETWORKS, INC. 

/s/ Brett Zane                 
 By: Brett Zane 
 EXECUTIVE 
 /s/ Adam S. Berger         
 By: Adam S. Berger 
  

 3Amendment No.1 dated December 30, 2008 to Executive Employment Agreement

 EXHIBIT 10.2 
 AMENDMENT NO. 1 
 TO 
 EXECUTIVE EMPLOYMENT AGREEMENT 
 THIS AMENDMENT NO. 1 TO EXECUTIVE EMPLOYMENT AGREEMENT (the
“Amendment”) is effective as of December 30, 2008 between Spark Networks, Inc. (the “Company”) and Gregory Franchina (“Executive”), the Company’s Chief Information Officer. Capitalized terms used herein and
not defined shall have the meanings given to them in the Executive Employment Agreement, effective May 16, 2007, between Executive and the Company (the “Agreement”). 
 NOW, THEREFORE, for good and valuable consideration and intending to be legally bound hereby, the parties amend the Agreement as follows: 
 1. Section 5(d) of the Agreement is amended by adding the following new sentence to the end thereof: 
 Notwithstanding the above, the occurrence of any of the events described in the foregoing sentence shall not constitute Good Reason unless Executive gives Company written notice, within thirty (30) calendar days after Executive has
knowledge of the occurrence of any of the events described in the foregoing sentence, that such circumstances constitute Good Reason, and Company thereafter fails to cure such circumstances within thirty (30) calendar days after receipt of such
notice. 
 2. The first sentence of Section 5(e) of the Agreement is amended and restated, in its entirety, as follows: 
 If Company terminates this Agreement without Cause under Section 5(a) or if Executive terminates this Agreement for Good Reason under
Section 5(d), Executive shall receive severance pay from Company for a period of six (6) months following termination payable in accordance with Company’s normal payroll cycle and commencing with the first payroll cycle which occurs
thirty (30) days following termination; provided, however, that Executive must, within the thirty (30)-day period following termination, execute a Separation Agreement that includes a general mutual release by Company and Executive in favor of
the other and their successors, affiliates, and estates to the fullest extent permitted by law, drafted by and in a form reasonably satisfactory to Company and Executive, and Executive does not revoke the mutual general release within any legally
required revocation period, if applicable. 

 3. Section 5(e) of the Agreement is further amended by adding the following new paragraph at the end
thereof: 
 Notwithstanding any provision in this Agreement to the contrary, in the event that Executive is a “specified employee”
(as defined in Section 409A of the Internal Revenue Code (the “Code”)), any severance pay or other amounts payable under this Agreement that would be subject to the special rule regarding payments to “specified employees”
under Section 409A(a)(2)(B) of the Code (together, “Specified Employee Payments”) shall not be paid before the expiration of a period of six (6) months following the date of Executive’s termination of employment (or before
the date of Executive’s death, if earlier). The Specified Employee Payments to which Executive would otherwise have been entitled during the six (6)-month period following the date of Executive’s termination of employment shall be
accumulated and paid as soon as administratively practicable (and in no event later than 15 days) following the first day of the seventh month following the date of Executive’s termination of employment, with interest on each of the Specified
Employee Payments for the period of deferral, at the prime rate, as published in the Wall Street Journal (which shall be adjusted on the effective date of each change in rate) plus 300 basis points. 
 *        *        *        *        *      
   
 Except as expressly amended hereby, the Agreement remains in full force and effect in accordance with its terms. Notwithstanding the
foregoing, to the extent that there is any inconsistency between the provisions of the Agreement and this Amendment, the provisions of this Amendment shall control. 
 IN WITNESS WHEREOF, the parties have executed this Amendment on December 30, 2008. 
 SPARK NETWORKS, INC. 

/s/ Brett
Zane                             
 By: Brett Zane 
 EXECUTIVE 
 /s/ Gregory Franchina                 
 By: Gregory Franchina

  

 2Amendment No.1 dated December 29, 2008 to Employment Agreement

 EXHIBIT 10.3 
 AMENDMENT NO. 1 
 TO 
 EXECUTIVE EMPLOYMENT AGREEMENT 
 THIS AMENDMENT NO. 1 TO EXECUTIVE EMPLOYMENT AGREEMENT (the
“Amendment”) is effective as of December 29, 2008 between Spark Networks, Inc. (the “Company”) and Joshua A. Kreinberg (“Executive”), the Company’s General Counsel and Company Secretary. Capitalized terms used
herein and not defined shall have the meanings given to them in the Executive Employment Agreement, effective July 2, 2007, between Executive and the Company (the “Agreement”). 
 NOW, THEREFORE, for good and valuable consideration and intending to be legally bound hereby, the parties amend the Agreement as follows: 
 1. Section 5(d) of the Agreement is amended by adding the following new sentence to the end thereof: 
 Notwithstanding the above, the occurrence of any of the events described in the foregoing sentence shall not constitute Good Reason unless Executive gives
Company written notice, within thirty (30) calendar days after Executive has knowledge of the occurrence of any of the events described in the foregoing sentence, that such circumstances constitute Good Reason and Company thereafter fails to
cure such circumstances within thirty (30) days after receipt of such notice. 
 2. The first sentence of Section 5(e) of the
Agreement is amended and restated, in its entirety, as follows: 
 If Company terminates this Agreement without Cause under Section 5(a)
or if Executive terminates this Agreement for Good Reason under Section 5(d), Executive shall receive severance pay from Company for a period of six (6) months following termination payable in accordance with Company’s normal payroll
cycle and commencing with the first payroll cycle which occurs thirty (30) days following termination, provided, however, that Executive must, within the thirty (30)-day period following termination, execute a Separation Agreement that includes
a general mutual release by Company and Executive in favor of the other and their successors, affiliates and estates to the fullest extent permitted by law, drafted by and in a form reasonably satisfactory to Company and Executive, and Executive
does not revoke the mutual general release within any legally required revocation period, if applicable. 

 3. Section 5(e) of the Agreement is further amended by adding the following new paragraph at the end
thereof: 
 Notwithstanding any provision in this Agreement to the contrary, in the event that Executive is a “specified employee”
(as defined in Section 409A of the Internal Revenue Code (the “Code”)), any severance pay or other amounts payable under this Agreement that would be subject to the special rule regarding payments to “specified employees”
under Section 409A(a)(2)(B) of the Code (together, “Specified Employee Payments”) shall not be paid before the expiration of a period of six (6) months following the date of Executive’s termination of employment (or before
the date of Executive’s death, if earlier). The Specified Employee Payments to which Executive would otherwise have been entitled during the six (6)-month period following the date of Executive’s termination of employment shall be
accumulated and paid as soon as administratively practicable following the first day of the seventh month following the date of Executive’s termination of employment, with interest on each of the Specified Employee Payments for the period of
deferral, at the prime rate, as published in the Wall Street Journal (which shall be adjusted on the effective date of each change in rate) plus 300 basis points. 
 *        *        *        *        * 

Except as expressly amended hereby, the Agreement remains in full force and effect in accordance with its terms. Notwithstanding the foregoing, to the extent that
there is any inconsistency between the provisions of the Agreement and this Amendment, the provisions of this Amendment shall control. 
 IN WITNESS WHEREOF,
the parties have executed this Amendment on December 29, 2008. 
 SPARK NETWORKS, INC. 
 /s/ Brett Zane                             
 By: Brett Zane 
 EXECUTIVE 
 /s/ Joshua A. Kreinberg                 
 By: Joshua A. Kreinberg 
  

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