Document:

SEPARATION AGREEMENT
                               AND GENERAL RELEASE

                  This Separation Agreement and General Release ("Agreement") is
made and entered into this 18th day of July, 2005, by and between Register.com,
Inc. (hereinafter the "Company" or "Employer") and Peter A. Forman ("Employee")
(hereinafter collectively referred to as the "Parties"), and is made and entered
into with reference to the following facts.

                                    RECITALS

                  WHEREAS, Employee was hired by the Company on or about June
16, 2003, as President and Chief Executive Officer; and

                  WHEREAS, the Company and Employee have agreed to terminate
their employment relationship effective June 16, 2005; and

                  WHEREAS, the Parties each desire to resolve any potential
disputes which exist or may exist arising out of Employee's employment with the
Company and/or the termination thereof.

                  NOW THEREFORE, in consideration of the covenants and promises
contained herein, the Parties hereto agree as follows:

                                    AGREEMENT

                  1. Agreement By the Company. In exchange for Employee's
agreement to be bound by the terms of this entire Agreement, including but not
limited to the Release of Claims in paragraph 3, the Company agrees to provide
Employee with $374,599 as provided for in paragraph 9 of the Employment
Agreement, dated June 16, 2003 between the Parties.

                  Employee acknowledges that, absent this Agreement, he has no
legal, contractual or other entitlement to the consideration set forth in this
paragraph and that the amount set forth in this paragraph constitute valid and
sufficient consideration for Employee's release of claims and other obligations
set forth herein.

                  2. Release of Claims. Employee hereby expressly waives,
releases, acquits and forever discharges the Company and its divisions,
subsidiaries, affiliates, parents, related entities, partners, officers,
directors, shareholders, investors, executives, managers, employees, agents,
attorneys, representatives, successors and assigns (hereinafter collectively
referred to as "Releasees"), from any and all claims, demands, and causes of
action which Employee has or claims to have, whether known or unknown, of
whatever nature, which exist or may exist on Employee's behalf from the
beginning of time up to and including the date of this Agreement. As used in
this paragraph, "claims," "demands," and "causes of action" include, but are not
limited to, claims based on

contract, whether express or implied, fraud, stock fraud, defamation, wrongful
termination, estoppel, equity, tort, retaliation, intellectual property,
personal injury, spoliation of evidence, emotional distress, public policy, wage
and hour law, statute or common law, claims for severance pay, claims related to
stock options and/or fringe benefits, claims for attorneys' fees, vacation pay,
debts, accounts, compensatory damages, punitive or exemplary damages, liquidated
damages, and any and all claims arising under any federal, state, or local
statute, law, or ordinance prohibiting discrimination on account of race, color,
sex, age, religion, sexual orientation, disability or national origin, including
but not limited to, the New York State Human Rights Law, the Age Discrimination
in Employment Act, Title VII of the Civil Rights Act of 1964 as amended, the
Americans with Disabilities Act, the Family and Medical Leave Act or the
Employee Retirement Income Security Act. This release shall not be effective as
to any claims, demands or causes of action arising out of acts or omissions
occurring after the date of execution of this Agreement or based on any
indemnification rights of the Executive under the Company's certificate of
incorporation, by-laws or under applicable law.

                  3. Acceptance of Agreement/Revocation. This Agreement was
received by Employee on June 20, 2005. Employee may accept this Agreement by
returning a signed original to the Company. This Agreement shall be withdrawn if
not accepted in the above manner on or before July 11, 2005.

                  4. New York Law Applies. This Agreement, in all respects,
shall be interpreted, enforced and governed by and under the laws of the State
of New York. Any and all actions relating to this Agreement shall be filed and
maintained in the federal and/or state courts located in the State and County of
New York, and the parties consent to the jurisdiction of such courts. In any
action arising out of this Agreement, or involving claims barred by this
Agreement, the prevailing party shall be entitled to recover all costs of suit,
including reasonable attorneys' fees.

                  5. Voluntary Agreement. EMPLOYEE UNDERSTANDS AND AGREES THAT
HE MAY BE WAIVING SIGNIFICANT LEGAL RIGHTS BY SIGNING THIS AGREEMENT, AND
REPRESENTS THAT HE HAS ENTERED INTO THIS AGREEMENT KNOWINGLY AND VOLUNTARILY,
WITH A FULL UNDERSTANDING OF AND IN AGREEMENT WITH ALL OF ITS TERMS.

                  6. Non Disparagement. Employee agrees that Employee will not
make any public statement that is disparaging about the Company, or any of its
officers or directors, including, but not limited to, any statement that
disparages the products, services, finances, financial condition, capabilities
or other aspect of the business of the Company. The Company's directors and
senior executive officers shall not make any public statement that is
disparaging about the Executive. Nothing in this Agreement shall prohibit any
person from making truthful statements when required by order of a court or
other body having jurisdiction, or as otherwise may be required by law or under
an agreement entered into in connection with pending or threatened litigation
pursuant to which the party receiving such information agrees to keep such
information confidential.

                  IN WITNESS WHEREOF, the Parties hereto have executed this
Agreement on the dates provided below.

DATED:  July 20, 2005                         REGISTER.COM, INC.

                                              /s/ Roni Jacobson
                                              ----------------------------------
                                              By:  Roni Jacobson
                                              Its:  General Counsel & Secretary

DATED:  July 18, 2005                         PETER A. FORMAN

                                              /s/ Peter A. Forman
                                              ----------------------------------[REGISTER.COM (TM) LOGO]

                                                             As of July 15, 2005

David Moore
237 Park Avenue, Suite 900
New York, NY

                       Re: EMPLOYMENT AGREEMENT AMENDMENT

     Reference is made to the Employment Agreement, entered into on June 17,
2005, by and between you and Register.com, Inc. (the "Company") (the "Original
Agreement"). This amendment (the "Amendment") will confirm our mutual agreement
regarding an amendment (as permitted under and contemplated by paragraph 18 of
the Original Agreement) to the Original Agreement on the terms set forth herein.
Accordingly, the Original Agreement is hereby amended as follows:

         1. From and after the date hereof, it is our mutual intention that you
serve in the capacity of full-time Interim Chief Executive Officer of the
Company in accordance with the terms of the Original Agreement as amended by
this Amendment.

         2. Paragraph 2 of the Original Agreement is hereby deleted in its
entirety and replaced with the following:

"2.      TERM; TERMINATION. The term of your services shall continue until
         terminated by either party in accordance with this paragraph 2 (the
         "Term"). Either party may terminate this agreement, at any time, at its
         sole discretion, upon thirty days written notice to the other party.
         During the 30-day period following the delivery of the termination
         notice by either party, you will provide reasonable assistance to the
         Company on a part-time basis to transition your responsibilities to a
         successor designated by the Board. Notwithstanding the foregoing, the
         Company may elect to pay you your Salary (as defined below) in full for
         a period of thirty (30) days in lieu of all or part of actual notice.
         Upon termination of your employment, the Company shall have no further
         obligation or duty to you from the date of such termination other than
         to pay you for any earned but unpaid Salary and for any unreimbursed
         expenses due pursuant to the Original Agreement and pursuant to
         paragraph 3 hereof."

         3. A new paragraph 3A is hereby added to the Original Agreement, as
follows

"3A.     SALARY AND BONUS. For your services hereunder, you will be entitled to
         a monthly cash salary of $60,000 per month, to be paid on a bi-weekly
         basis ("Salary"). Additionally, at the conclusion of your services to
         the Company, the Board, in its sole discretion, may

                                                                               2

         elect to pay you a cash bonus of an amount not to exceed $100,000 but
         shall not have any obligation to do so. The Company shall withhold from
         your Salary and any bonus, such amounts for income tax, social security
         and other taxes as shall be necessary or appropriate in the reasonable
         judgment of the Company to comply with applicable laws and
         regulations."

4.       LEGAL FEES. The Company shall promptly reimburse you for any reasonable
         legal fees incurred by you in connection with the negotiation of this
         Amendment and the Original Agreement upon the presentation of invoices
         in appropriate form in an amount not to exceed $5,000.

5.       RESTRICTED STOCK. Simultaneously with your execution and delivery of
         this Agreement, you shall be awarded a restricted stock grant of 7,000
         shares of the Company's common stock pursuant to the terms of a
         Restricted Stock Agreement attached hereto.

     Paragraphs 4, 5 and 7 through 22 of the Original Agreement shall remain in
     full force and effect and are hereby ratified in their entirety. The
     provisions of Paragraphs 2 and 3 of the Original Agreement are superceded
     in their entirety by paragraphs 1 and 2 hereof.

     IN WITNESS WHEREOF, the undersigned have executed this agreement as of the
     date first written above.

                                                REGISTER.COM, INC.

                                                By: /s/ Roni Jacobson
                                                    ----------------------------
                                                Its: General Counsel & Secretary

                                                DAVID MOORE

                                                /s/ David Moore
                                                --------------------------------

Register.com, Inc               575 Eighth Avenue        New York New York 10018

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