Document:

Sixth Amendment to Loan and Security Agreement

 Exhibit 10.33 
 SIXTH AMENDMENT TO LOAN AND SECURITY AGREEMENT AND JOINDER 
 This Sixth
Amendment to Loan and Security Agreement and Joinder (“Amendment”) is entered into as of June 19, 2012, between COMERICA BANK (“Bank”) and BAZAARVOICE, INC., a Delaware corporation (“Parent”),
and POWERREVIEWS, LLC, a Delaware limited liability company (“PowerReviews”, and together with Parent, collectively, “Borrowers”, and each individually, a “Borrower”). 

RECITALS 

Parent and Bank are parties to that certain Loan and Security Agreement dated as of July 18, 2007, as amended by that certain First
Amendment to Loan and Security Agreement dated as of November 30, 2008, that certain Second Amendment to Loan and Security Agreement dated as of July 20, 2009, that certain Third Amendment to Loan and Security Agreement dated as of
January 22, 2010, that certain Fourth Amendment to Loan and Security Agreement dated as of September 27, 2010 and that certain Fifth Amendment to Loan and Security Agreement dated as of January 31, 2012 (as amended,
“Agreement”). 
 Parent has acquired PowerReviews, Inc., a Delaware corporation (“Target”),
through a merger with Parent’s wholly-owned Subsidiaries, with PowerReviews continuing as the final surviving corporation of said merger and a Subsidiary of Parent, pursuant to the terms and conditions of that Agreement and Plan of Merger among
Target, Parent, Peloton Acquisition Corp., a Delaware corporation and a wholly-owned Subsidiary of Parent (“Subsidiary I”), Peloton Acquisition LLC, a Delaware limited liability company and a wholly-owned Subsidiary of Parent
(“Subsidiary II”), Shareholder Representative Services LLC, in its capacity as representative, and U.S. Bank National Association, in its capacity as escrow agent, dated May 24, 2012 (“Merger Agreement”).

 Borrowers desire to join PowerReviews as a “Borrower” under the Agreement and otherwise amend the Agreement in
accordance with the terms of this Amendment. 
 NOW, THEREFORE, the parties agree as follows: 

1. Joinder. By execution and delivery of this Amendment, PowerReviews shall, and does hereby become a party to the Agreement as a
“Borrower” as if an original signatory thereto. PowerReviews further: (a) acknowledges and agrees that it has read the Agreement and the Loan Documents, (b) consents to all of the provisions of the Agreement and the Loan
Documents relating to it, as applicable; and (c) acknowledges and agrees that this Amendment has been freely executed without duress and after an opportunity was provided to it for review of the Agreement, this Amendment and all other Loan
Documents by competent legal counsel of its choice. 
 2. Amendments to Agreement. 

(a) All references to Borrower in the Agreement shall mean and include Borrowers. 

(b) Exhibit A to the Agreement is amended by adding or amending and restating the following defined terms to read in their entirety
as follows: 
 “‘Chief Executive Office State’ means Texas, where Parent’s and PowerReviews’ chief
executive office is located.” 
 “‘Collateral State’ means the states where the Collateral is located, which
are Texas and California. 
 “‘Domestic Subsidiary’ means any Subsidiary incorporated, organized or otherwise
formed under the laws of the United States, any state thereof or the District of Columbia.” 

 “‘Foreign Subsidiary’ means, with respect to any Person, a Subsidiary of
such Person, which Subsidiary is not a Domestic Subsidiary.” 
 “‘Integrated Merger’ means Parent’s
acquisition of PowerReviews, Inc., a Delaware corporation (‘Target’), through a merger with Parent’s wholly-owned Subsidiaries, with PowerReviews continuing as the final surviving corporation of said merger and Subsidiary of Parent,
pursuant to the terms and conditions of that Agreement and Plan of Merger among Target, Parent, Peloton Acquisition Corp., a Delaware corporation, Peloton Acquisition LLC, a Delaware corporation, Shareholder Representative Services LLC, in its
capacity as representative, and U.S. Bank National Association, in its capacity as escrow agent, dated May 24, 2012 (‘Merger Agreement’).” 
 “‘Loan Documents’ means, collectively, this Agreement, and any other document, instrument or agreement entered into in connection with this Agreement, and any joinder executed to any of the
foregoing, all as amended or extended from time to time.” 
 “‘Parent’ means Bazaarvoice, Inc., a Delaware
corporation.” 
 “‘PowerReviews’ means PowerReviews, LLC, a Delaware limited liability company.”

 “‘Sixth Amendment Date’ means June 19, 2012.” 

(c) The following sentence is added to the end of the definition of “Collateral” set forth in Exhibit A of the Agreement
to read in its entirety as follows: 
 “Collateral shall not include Parent’s deposit account number 3300731865
maintained at Silicon Valley Bank provided that such account is closed on or before August 30, 2012.” 
 (d)
Clause (d) of the definition of “Permitted Investment” set forth in Exhibit A of the Agreement, is amended in its entirety to read as follows: 
 “(d) Investments (i) by Borrowers or Subsidiaries in or to other Borrowers; (ii) by Foreign Subsidiaries in or to Foreign Subsidiaries; and (iii) by Borrowers or Subsidiaries in or to
Subsidiaries, which are not Borrowers hereunder, in an amount not to exceed $150,000 in the aggregate in any fiscal year;” 

(e) Section 5.10 of the Agreement is amended in its entirety to read as follows: 

“5.10 Subsidiaries. No Borrower owns any stock, partnership interest or other equity securities of any Person, except for
Permitted Investments and as set forth in the Schedule.” 
 (f) Section 6.6 of the Agreement is amended in its
entirety to read as follows: 
 “6.6 Primary Depository. Borrowers shall maintain all of their U.S. dollar
depository, operating and investment accounts held in the United States with Bank or Bank’s Affiliates governed by a control agreement satisfactory to Bank. Notwithstanding the foregoing, PowerReviews may maintain accounts with the financial
institutions listed on Schedule 6.6 attached hereto (“Outside Accounts”) for: 

  
 2 

 (i) sixty (60) days after the Sixth Amendment Date (the ‘60-Day
Period’), provided that such Outside Accounts (a) are governed by control agreements in form and substance acceptable to Bank if the collective balance of all such Outside Accounts exceeds $3,000,000 during the 60-Day Period or
(b) have a collective balance of not more than $3,000,000 during the 60-Day Period if they are not governed by control agreements; and 
 (ii) one hundred twenty (120) days after the Sixth Amendment Date (the ‘120-Day Period’), provided that such Outside Accounts (a) are governed by control agreements in form and
substance acceptable to Bank if the collective balance of all such Outside Accounts exceeds $1,000,000 during the 120-Day Period, or (b) have a collective balance of not more than $1,000,000 during the 120 Day Period if they are not
governed by control agreements. 
 Borrowers shall, on or before the last day of the 120-Day Period, deliver to
Bank all documentation satisfactory to Bank evidencing that all of the Outside Accounts have been closed and the funds therein transferred to Bank or Bank’s Affiliates. Additionally, notwithstanding the foregoing, after the Qualified IPO Event
and if Borrowers maintain investment accounts with Bank or Bank’s Affiliates with an aggregate balance of at least Thirty Million Dollars ($30,000,000), Borrowers shall be permitted to maintain investment accounts with financial institutions
other than Bank or Bank’s Affiliates, provided that such investment accounts are governed by control agreements in form and substance acceptable to Bank.” 
 (g) Section 6.12 of the Agreement is amended in its entirety to read as follows: 
 “6.12 Creation/Acquisition of Subsidiaries. In the event any Borrower or any of its Subsidiaries creates or acquires any Subsidiary after the Closing Date, such Borrower shall, and shall cause
each such Subsidiary (other than PowerReviews) to (a) promptly notify Bank of the creation or acquisition of such new Subsidiary, (b) if such new Subsidiary is a domestic Subsidiary, take all such action as may be reasonably required by
Bank to cause such domestic Subsidiary to (i) become a co-borrower under this Agreement, or (ii)(A) guaranty the Obligations and (B) grant Bank a first priority perfected security interest in all of its assets to secure the
Obligations, and (c) grant and pledge to Bank a perfected security interest in the stock, units or other evidence of ownership of each such new Subsidiary (not to exceed 65% of the equity securities of any Subsidiary that is not a domestic
Subsidiary).” 
 (h) Section 7.6 of the Agreement is amended in its entirety to read as follows: 

“7.6 Distributions. Pay any dividends or make any other distribution or payment on account of or in redemption,
retirement or purchase of any capital stock, except that Borrowers may (i) repurchase the stock of former employees and service providers pursuant to stock repurchase agreements in an aggregate annual amount not to exceed Five Hundred Thousand
Dollars ($500,000), as long as an Event of Default does not exist prior to such repurchase or would not exist after giving effect to such repurchase, (ii) pay dividends in common stock, (iii) make payments in lieu of the issuance of
fractional shares; provided, that the aggregate amount of such payments made during a fiscal year, when added to the aggregate amount of payments made under clause (i) above during such fiscal year, does not exceed Five Hundred Thousand
Dollars, (iv) conversion of convertible securities pursuant to the terms of such securities or otherwise in exchange thereof, and (v) pay or make any such dividends or distributions to Parent.” 

  
 3 

 (i) Section 10 of the Agreement is amended in its entirety to read as follows:

 “10. NOTICES. 
 Unless otherwise provided in this Agreement, all notices or demands by any party relating to this Agreement or any other agreement entered into in connection herewith 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 a recognized overnight delivery service, certified mail, postage prepaid, return receipt
requested, or by telefacsimile to Borrowers or to Bank, as the case may be, at its addresses set forth below: 
  

					
		 	 If to Borrowers:
	  	c/o Bazaarvoice, Inc.
		 		  	3900 N. Capital of TX Hwy.
		 		  	Suite 350
		 		  	Austin, TX 78746
		 		  	Attn:                             
                       
		 		  	FAX:                             
                       
			
		 	 If to Bank:
	  	Comerica Bank
		 		  	M/C 4770
		 		  	75 E Trimble Road
		 		  	San Jose, CA 95131
		 		  	Attn: Manager
		 		  	FAX: (408) 556-5091
			
		 	 with a copy to:
	  	Comerica Bank
		 		  	300 W. 6th Street, Ste. 1300
		 		  	Austin, Texas 78701
		 		  	Attn: Stephen Bitter
		 		  	FAX: (512) 427-7178

 The parties hereto may change the address at which they are to receive notices hereunder,
by notice in writing in the foregoing manner given to the other.” 
 (j) The following Section 14 is added to the
Agreement immediately after Section 13 thereof to read in its entirety as follows: 
 “14. CO-BORROWER PROVISIONS.

 14.1 Primary Obligation. This Agreement is a primary and original obligation of each Borrower and shall remain in
effect notwithstanding future changes in conditions, including any change of law or any invalidity or irregularity in the creation or acquisition of any Obligations or in the execution or delivery of any agreement between Bank and any Borrower. Each
Borrower shall be liable for existing and future Obligations as fully as if all Credit Extensions were advanced to such Borrower. Bank may rely on any certificate or representation made by any Borrower as made on behalf of, and binding on, all
Borrowers, including without limitation Disbursement Request Forms, Borrowing Base Certificates and Compliance Certificates. Furthermore, the successful operation of each Borrower is dependent on the continued successful performance of the
integrated group of Borrowers, such that each Borrower will benefit from any Credit Extensions Bank makes to another Borrower. 

  
 4 

 14.2 Enforcement of Rights. Borrowers are jointly and severally liable for the
Obligations and Bank may proceed against one or more of the Borrowers to enforce the Obligations without waiving its right to proceed against any of the other Borrowers. 
 14.3 Borrowers as Agents. Each Borrower appoints the other Borrower as its agent with all necessary power and authority to give and receive notices, certificates or demands for and on behalf of
both Borrowers, to act as disbursing agent for receipt of any Credit Extensions on behalf of each Borrower and to apply to Bank on behalf of each Borrower for Credit Extensions, any waivers and any consents. This authorization cannot be revoked, and
Bank need not inquire as to each Borrower’s authority to act for or on behalf of Borrower. 
 14.4 Subrogation and
Similar Rights. Notwithstanding any other provision of this Agreement or any other Loan Document, each Borrower irrevocably waives all rights that it may have at law or in equity (including, without limitation, any law subrogating the Borrower
to the rights of Bank under the Loan Documents) to seek contribution, indemnification, or any other form of reimbursement from any other Borrower, or any other Person now or hereafter primarily or secondarily liable for any of the Obligations, for
any payment made by the Borrower with respect to the Obligations in connection with the Loan Documents or otherwise and all rights that it might have to benefit from, or to participate in, any security for the Obligations as a result of any payment
made by the Borrower with respect to the Obligations in connection with the Loan Documents or otherwise. Any agreement providing for indemnification, reimbursement or any other arrangement prohibited under this Section 14.4 shall be null and
void. If any payment is made to a Borrower in contravention of this Section 14.4, such Borrower shall hold such payment in trust for Bank and such payment shall be promptly delivered to Bank for application to the Obligations, whether matured
or unmatured. 
 14.5 Waivers of Notice. Except as otherwise provided in this Agreement, each Borrower waives notice of
acceptance hereof; notice of the existence, creation or acquisition of any of the Obligations; notice of an Event of Default; notice of the amount of the Obligations outstanding at any time; notice of intent to accelerate; notice of acceleration;
notice of any adverse change in the financial condition of any other Borrower or of any other fact that might increase the Borrower’s risk; presentment for payment; demand; protest and notice thereof as to any instrument; default; and all other
notices and demands to which the Borrower would otherwise be entitled. Each Borrower waives any defense arising from any defense of any other Borrower, or by reason of the cessation from any cause whatsoever of the liability of any other Borrower.
Bank’s failure at any time to require strict performance by any Borrower of any provision of the Loan Documents shall not waive, alter or diminish any right of Bank thereafter to demand strict compliance and performance therewith. Nothing
contained herein shall prevent Bank from foreclosing on the Lien of any deed of trust, mortgage or other security instrument, or exercising any rights available thereunder, and the exercise of any such rights shall not constitute a legal or
equitable discharge of any Borrower. Each Borrower also waives any defense arising from any act or omission of Bank that changes the scope of the Borrower’s risks hereunder. 

  
 5 

 14.6 Subrogation Defenses. Each Borrower hereby waives any defense based on
impairment or destruction of its subrogation or other rights against any other Borrower and waives all benefits which might otherwise be available to it under California Civil Code Sections 2799, 2808, 2809, 2810, 2815, 2819, 2820, 2821, 2822,
2838, 2839, 2845, 2847, 2848, 2849, 2850, 2899 and 3433 and California Code of Civil Procedure Sections 580a, 580b, 580d and 726, as those statutory provisions are now in effect and hereafter amended, and under any other similar statutes now
and hereafter in effect. 
 14.7 Right to Settle, Release. 

14.7.1 The liability of Borrowers hereunder shall not be diminished by (i) any agreement, understanding or representation that any
of the Obligations is or was to be guaranteed by another Person or secured by other property, or (ii) any release or unenforceability, whether partial or total, of rights, if any, which Bank may now or hereafter have against any other Person,
including another Borrower, or property with respect to any of the Obligations. 
 14.7.2 Without affecting the liability of any
Borrower hereunder, Bank may (i) compromise, settle, renew, extend the time for payment, change the manner or terms of payment, discharge the performance of, decline to enforce, or release all or any of the Obligations with respect to a
Borrower, (ii) grant other indulgences to a Borrower in respect of the Obligations, (iii) modify in any manner any documents relating to the Obligations with respect to a Borrower, (iv) release, surrender or exchange any deposits or
other property securing the Obligations, whether pledged by a Borrower or any other Person, or (v) compromise, settle, renew, or extend the time for payment, discharge the performance of, decline to enforce, or release all or any obligations of
any guarantor, endorser or other Person who is now or may hereafter be liable with respect to any of the Obligations. 
 14.8
Subordination. All indebtedness of a Borrower now or hereafter arising held by another Borrower is subordinated to the Obligations and the Borrower holding the indebtedness shall take all actions reasonably requested by Lender to effect, to
enforce and to give notice of such subordination.” 
 3. Notwithstanding anything to the contrary contained in this
Amendment, Borrowers acknowledge and agree that, until PowerReviews is a validly existing limited liability company under the laws of the State of Delaware and qualified and licensed to do business in any state in which the conduct of its business
or its ownership of property requires that it be so qualified, Parent shall be the sole Borrower for the purpose of calculating the Borrowing Base. 
 4. Borrowers acknowledge and agree that the disclosure of the Lodsys Claims and the Kelora Claim on the Schedule shall not impair Bank’s right to exercise its rights under the Agreement if any such
claim results in an Event of Default. 
 5. Exhibit D to the Agreement is deleted and replaced with Exhibit D attached
hereto. 
 6. Exhibit E to the Agreement is deleted and replaced with Exhibit E attached hereto. 

7. The Schedule of Exceptions to the Agreement is deleted and replaced with the Schedule of Exceptions attached hereto. 

8. No course of dealing on the part of Bank or its officers, nor any failure or delay in the exercise of any right by Bank, shall operate
as a waiver thereof, and any single or partial exercise of any such right shall not preclude any later exercise of any such right. Bank’s failure at any time to require strict performance by any Borrower of any provision shall not affect any
right of Bank thereafter to demand strict compliance and performance. Any suspension or waiver of a right must be in writing signed by an officer of Bank. 

  
 6 

 9. Unless otherwise defined, all initially capitalized terms in this Amendment shall be as
defined in the Agreement. The Agreement, as amended hereby, shall be and remain in full force and effect in accordance with its respective terms and hereby is ratified and confirmed in all respects. Except as expressly set forth herein, the
execution, delivery, and performance of this Amendment shall not operate as a waiver of, or as an amendment of, any right, power, or remedy of Bank under the Agreement, as in effect prior to the date hereof. 

10. Each Borrower waives, discharges, and forever releases Bank, Bank’s employees, officers, directors, attorneys, stockholders, and
their successors and assigns, from and of any and all claims, causes of action, allegations or assertions that any Borrower has or may have had at any time up through and including the date of this Amendment, against any or all of the foregoing,
regardless of whether any such claims, causes of action, allegations or assertions are known to any Borrower or whether any such claims, causes of action, allegations or assertions arose as result of Bank’s actions or omissions in connection
with the Loan Documents, or any amendments, extensions or modifications thereto, or Bank’s administration of the Obligations or otherwise. EACH BORROWER WAIVES THE PROVISIONS OF CALIFORNIA CIVIL CODE SECTION 1542, AS IT MAY BE AMENDED FROM TIME
TO TIME, WHICH STATES: 
 A GENERAL RELEASE DOES NOT EXTEND TO CLAIMS WHICH THE CREDITOR DOES NOT KNOW OR SUSPECT TO EXIST IN HIS
OR HER FAVOR AT THE TIME OF EXECUTING THE RELEASE, WHICH IF KNOWN BY HIM OR HER MUST HAVE MATERIALLY AFFECTED HIS OR HER SETTLEMENT WITH THE DEBTOR. 
 11. Each Borrower represents and warrants that the Representations and Warranties contained in the Agreement are true and correct as of the date of this Amendment, and that no Event of Default has
occurred and is continuing. 
 12. As a condition to the effectiveness of this Amendment, Bank shall have received, in form and
substance satisfactory to Bank, the following: 
 (a) this Amendment, executed by Borrowers; 

(b) a certificate of each Borrower with respect to incumbency and resolutions authorizing the execution and delivery of this Amendment;

 (c) the Joinder Agreement executed by Borrowers; 
 (d) a financing statement (Form UCC-1) naming PowerReviews as debtor; 
 (e) an
intellectual property security agreement made by PowerReviews in favor of Bank; 
 (f) an Agreement to Furnish Insurance,
executed by PowerReviews; 
 (g) as soon as possible, but in any event within thirty days from the Sixth Amendment Date, a
lessor’s acknowledgment and subordination for each leased location of PowerReviews, together with a copy of each lease; 

(h) evidence satisfactory to Bank that the Integrated Merger (as defined in the Merger Agreement) has been consummated; 

(i) all reasonable Bank Expenses incurred through the date of this Amendment, which may be debited from any of Borrower’s accounts;
and 

  
 7 

 (j) such other documents, and completion of such other matters, as Bank may reasonably deem
necessary or appropriate. 
 13. This Amendment may be executed in two or more counterparts, each of which shall be deemed an
original, but all of which together shall constitute one instrument. 
 [remainder of page intentionally left blank] 

  
 8 

 IN WITNESS WHEREOF, the undersigned have executed this Sixth Amendment to Loan and Security
Agreement and Joinder as of the first date above written. 
  

			
	BAZAARVOICE, INC.,
	a Delaware corporation
		
	By:	 	/s/ Brett A. Hurt
	Name:	 	Brett A. Hurt
	Title: 	 	CEO
	
	 POWERREVIEWS, LLC,
 a Delaware limited liability company

		
	By:	 	/s/ Brett A. Hurt
	Name:	 	Brett A. Hurt
	Title: 	 	CEO
	
	COMERICA BANK
		
	By:	 	/s/ Stephen Bitter
	Name:	 	Stephen Bitter
	Title:	 	Vice President

 [Signature Page to Sixth Amendment to Loan and Security Agreement and Joinder (1194213)] 

 EXHIBIT D 

Form of Borrowing Base Certificate 
  

							
	Borrowers:	 	 BAZAARVOICE, INC.

POWERREVIEWS, LLC
	  	Bank:	  	 Comerica Bank

Technology & Life Sciences Division

Loan Analysis Department
 300 W. Sixth Street,
Suite 1300
 Austin, TX 78701
 Fax:
(512) 427-7178

	 Commitment Amount:
	 	$30,000,000.00	  		  	

  

					
	 ELIGIBLE MONTHLY SERVICE FEES
	  	
			
	 1.
	  	Total Monthly Recurring Service Fees	  	$
			
	 2.
	  	Ineligible Monthly Recurring Service Fees	  	$
			
	 3.
	  	TOTAL ELIGIBLE MONTHLY SERVICE FEES (#1 minus #2 multiplied by            %*)	  	$
		
	 BALANCES
	  	
			
	 4.
	  	Maximum Loan Amount	  	$30,000,000.00
			
	 5.
	  	Total Funds Available (the lesser of #3 or #4)	  	$
			
	 6.
	  	Outstanding under Sublimits (Letter of Credit/Credit Card Services Sublimit)	  	$
			
	 7.
	  	Present balance outstanding on Line of Credit	  	$
			
	 8.
	  	Reserve Position (#5 minus #6 and #7)	  	$

  

	*	Insert applicable Renewal Rate Ratio 

 The
undersigned represents and warrants that the foregoing is true, complete and correct, and that the information reflected in this Borrowing Base Certificate complies with the representations and warranties set forth in the Loan and Security Agreement
between the undersigned and Comerica Bank. 
  

							
	Comments:	  		  	BANK USE ONLY
		  		  	 Rec’d by:
 Date:
 Reviewed By:
 Date:
	  	 

  
   

 
 Authorized Signer 

Exhibit D – Page 1 

 EXHIBIT E 
 Form of Compliance Certificate 
  

			
	Please send all Required Reporting to:	  	 Comerica Bank

Technology & Life Sciences Division

Loan Analysis Department
 300 W. Sixth St., Suite
1300
 Austin, TX 78701
 Fax: (512)
427-7178
 Email: tlstxcompliance@comerica.com

	 From:      BAZAARVOICE, INC.
	  	
	                 POWERREVIEWS, LLC	  	

 The undersigned authorized Officers of Bazaarvoice, Inc. and PowerReviews, LLC (individually and collectively,
“Borrower”), hereby certifies that in accordance with the terms and conditions of the Loan and Security Agreement between Borrower and Bank (as amended from time to time, the “Agreement”), (i) Borrower is in complete
compliance for the period ending                     with all required covenants, including without limitation the ongoing registration of
intellectual property rights in accordance with Section 6.8, except as noted below and (ii) all representations and warranties of Borrower stated in the Agreement are true and correct in all material respects as of the date hereof.
Attached herewith are the required documents supporting the above certification. The Officer further certifies that these are prepared in accordance with Generally Accepted Accounting Principles (GAAP) and are consistently applied from one period to
the next except as explained in an accompanying letter or footnotes. 
 Please indicate compliance status by circling Yes/No under
“Complies” column. 
  

							
	 REPORTING COVENANTS
	  	 REQUIRED
	  	COMPLIES
	Company Prepared F/S	  	Monthly, within 30 days (45 days post-IPO)	  	YES	  	NO
	Compliance Certificate	  	Monthly, within 30 days (45 days post-IPO)	  	YES	  	NO
	CPA Audits, Unqualified F/S	  	Annually, within 150 days of FYE	  	YES	  	NO
	Board Approved Projections	  	Annually, by 4/30 of each year	  	YES	  	NO
	Bookings Report	  	Quarterly, within 30 days (45 days post-IPO)	  	YES	  	NO
	Renewal Rate Report	  	Quarterly, within 30 days (45 days post-IPO)	  	YES	  	NO
	A/R Aging	  	Monthly, within 30 days (45 days post-IPO)	  	YES	  	NO
	A/P Aging	  	Monthly, within 30 days (45 days post-IPO)	  	YES	  	NO
	Borrowing Base Certificate	  	Monthly, within 30 days (45 days post-IPO)	  	YES	  	NO
	Intellectual Property Report	  	Quarterly, within 30 days (45 days post-IPO)	  		  	
	If Public:	  		  		  	
	10-Q	  	Quarterly, within 5 days of SEC filing (50 days)	  	YES	  	NO
	10-K	  	Annually, within 5 days of SEC filing (95 days)	  	YES	  	NO

  

									
	 FINAICIAL COVENANTS
	  	 REQUIRED
	  	 ACTUAL
	  	 COMPLIES

	TO BE TESTED MONTHLY, DURING ANY COVENANT TEST PERIOD
	Adjusted Revenue	  	$100,000,000.00	  	$                	  	YES	  	NO
	Cash at Bank	  	See Section 6.7(b)	  	$                	  	YES	  	NO
				
	 EXPENDITURE COVENANTS
	  	 REQUIRED
	  	 ACTUAL
	  	 COMPLIES

	Capital Expenditures	  	< $3,000,000.00 annually	  	$                	  	YES	  	NO
	Capitalized Software Expenses	  	< $10,000,000.00 annually	  	$                	  	YES	  	NO

 Please Enter Below Comments Regarding Covenant Violations: 

The Officer further acknowledges that at any time Borrower is not in compliance with all the terms set forth in the Agreement, including, without
limitation, the financial covenants, no credit extensions will be made. 
  

							
	Very truly yours,	 		  	 	  	BANK USE ONLY
	 	 		  	Rec’d By:	  	 
	Authorized Signer	 		  	Date:	  	 
	 	 		  	Reviewed By:	  	 
	Name:	 		  	Date:	  	 
		 		  	Financial Compliance Status:         YES/NO
	 	 		  		  	 
	Title:	 		  	 	  	 

 EXHIBIT H 
 JOINDER AGREEMENT 
 This JOINDER AGREEMENT is entered into as of
June 19, 2012, among BAZAARVOICE, INC., a Delaware corporation (“Parent”), POWERREVIEWS, LLC, a Delaware limited liability company (“PowerReviews”), and COMERICA BANK (“Bank”). 

WHEREAS, Bank and Parent are parties to (i) that certain Loan and Security Agreement dated as of July 18, 2007, as amended from
time to time (the “Loan Agreement”) and (ii) that certain Prime Referenced Rate Addendum to Loan and Security Agreement dated as of January 31, 2012, as amended from time to time (the “Interest Rate
Addendum”, and together with the Loan Agreement, the “Agreements”); 
 WHEREAS, Parent, through a
merger and stock acquisition of Parent’s wholly-owned subsidiaries, became the owner of 100% of the equity interests of PowerReviews; and 
 WHEREAS, PowerReviews is financially interested in the affairs of Parent, and deem it advisable, desirable, and in the best interests of PowerReviews and its member that PowerReviews join the Agreements
as a “Borrower” under the terms and conditions set forth herein. 
 NOW, THEREFORE, in consideration of the provisions
contained herein and in the Loan Agreement, PowerReviews agrees as follows: 
 1. By execution and delivery of this Joinder
Agreement, PowerReviews shall, and does hereby, become a party to the Agreements as a “Borrower”, as if an original signatory thereto, and hereby ratifies and confirms its obligations under the Documents, all in accordance with the terms
thereof and shall be deemed to have made each representation and warranty set forth in the Documents. 
 2. PowerReviews
(a) acknowledges and agrees that it has read the Agreements, (b) consents to all of the provisions of the Agreements, and (c) acknowledges and agrees that this Joinder Agreement has been executed and after an opportunity was provided
to it for review of this Joinder Agreement and the Agreements by legal counsel of its choice. 
 3. By execution and delivery of
this Joinder Agreement, PowerReviews acknowledges receipt of the Patriot Act Notice attached hereto. 
 [signatures on
following page] 

 IN WITNESS WHEREOF, and intending to be legally bound by the terms of the Agreements,
PowerReviews has executed and delivered this Joinder Agreement as of the date first above written. 
  

									
	“Bank”	  		  	“PowerReviews”
			
	COMERICA BANK	  		  	POWERREVIEWS, LLC
					
	By:	  	 /s/ Stephen Bitter
	  		  	By:	  	 /s/ Brett A. Hurt

	Name:	  	Stephen Bitter	  		  	Name:	  	Brett A. Hurt
	Title:	  	Vice President	  		  	Title:	  	CEO
				
		  		  		  	“Parent”
				
		  		  		  	BAZAARVOICE, INC.
					
		  		  		  	By:	  	 /s/ Brett A. Hurt

		  		  		  	Name:	  	Brett A. Hurt
		  		  		  	Title:	  	CEO

 [Signature Page to Joinder Agreement] 

 ATTN: POWERREVIEWS, LLC 

USA PATRIOT ACT 
 NOTICE 
 OF 

CUSTOMER IDENTIFICATION 

IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW ACCOUNT 
 To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person
who opens an account. 
 WHAT THIS MEANS FOR YOU: when you open an account, we will ask your name, address, date of birth, and other information
that will allow us to identify you. We may also ask to see your driver’s license or other identifying documents.Fiscal 2012 Incentive Plan

 Exhibit 10.6 
 PATTERSON COMPANIES, INC. 
 Fiscal 2012 

Incentive Plan 
 PLAN
PURPOSE 
 The objective of Fiscal 2012 Patterson Companies, Inc. (PDCO) Incentive Compensation Plan (the “Plan”)
is to encourage greater initiative, resourcefulness, teamwork, and efficiency on the part of its employees. The day-to-day performance and responsibilities of each individual have a direct impact on our internal and external customer satisfaction,
sales and operational goals, which ultimately affects the profitability. 
 ELIGIBILITY 

Participation 

This Incentive Program is designed to include designated employees across the organization. Incentive opportunity for targeted groups of
employees is specified in the Plan schedules attached to this document. Newly hired, transferred, or employees who become participants during the Plan year will be eligible on a prorated basis under the respective schedule. 

Participation in the Plan is determined by the CEO with approval of the President of each respective subsidiary or operating unit and is
based on level of responsibility and organizational impact of the participant. 
 Participants are eligible for participation in
only one Patterson Companies, Inc. (or subsidiary thereof) incentive, bonus, or other variable pay program, unless so authorized by specific provisions included in this Plan and the respective Patterson Companies, Inc. variable pay Plan document(s).

 Award Payments 
 To receive an award several criteria must be met: 

Employment—To be eligible to receive an award, the individual must be employed by Patterson Companies, Inc., or a
subsidiary thereof, on the date awards are made; 
 Job elimination—Participants whose positions are
eliminated may, at the discretion of management, be eligible for prorated awards based on tenure in the qualifying position, overall performance level, actual results attained, and other criteria determined by management; 

Job transfer—Participants who transfer into or out of eligible positions within Patterson may be eligible for
prorated awards based on tenure in the qualifying position, overall performance level, actual results attained, and management discretion; 
 Performance—Continued participation in the Plan is dependent upon the participant remaining an employee in good standing as defined by Patterson Companies, Inc. or its subsidiary. To qualify for an
award, a participant must have a satisfactory performance rating and not be on a formal performance improvement plan. A participant on written warning or disciplinary status at any time during the Plan year may have his/her incentive award reduced
or denied at management’s discretion; 
 Ethical and Legal Standards—Participants are required to be
in compliance with, and abide by, Patterson Companies, Inc. Code of Ethics and comply with the letter and spirit of its provisions at all times. 
 No awards are considered earned until they are paid. 

 BASIS FOR AWARDS 
 The management of Patterson Companies, Inc. will approve participant objectives and evaluate performance of the business unit. Performance will be evaluated based on the specific goals and measures
described in the attached plan schedules, the effective management of customer and employee relations, and compliance with Company expectations of good business practices and ethical conduct. 

Patterson Companies, Inc. reserves the right to make changes to the Plan at any time, including but not limited to: withdraw or withhold
from the Plan any transaction, product or service it might select; revise territories; establish specific account, customer, or portfolio representation; and assign or reassign specific accounts, customers, or portfolios within a participant’s
location service area at any time during the fiscal year. 
 Goals, incentive targets, territory assignments, and any other
factors affecting this Plan may be reviewed and changed at any time during the Plan year. 
 APPROVAL OF AWARD PAYMENTS 

The President of each respective subsidiary or operating unit will review and approve all award recommendations prior to submission to
payroll for payment. Management may adjust payments at its own discretion to reflect the impact of any event that distorts actual results achieved and effective management of customer and employee relations. All awards are paid at the discretion of
management. 
 DISTRIBUTION OF AWARD PAYMENTS 
 Generally, awards are calculated following the end of the fiscal year and payments are scheduled within 75 days after the end of the fiscal year. 

Award payments are made by the same means as the individual’s normal payroll. Applicable withholdings are deducted from all
payments. Payments made under this Plan will be used in the calculation of benefits only as allowed under the applicable benefit plan. Awards are considered as earned by the participant on the date of actual distribution. 

Generally, awards are determined and paid according to the provisions of this Plan document. Any exceptions require the approval of the
President of each respective subsidiary or operating unit. 
 CHANGES IN EMPLOYMENT STATUS 

In the event a participant dies, becomes disabled (as defined by Patterson’s Group Long Term Disability Plan provisions), retires, or
is on a leave of absence (as defined by applicable Patterson policies), he/she may be eligible for an award based on management's discretionary review of the participant’s actual performance and actual work done while at work. In the event of
death, the award payment, if any, is issued in the name of the deceased and made payable to the estate. 
 ADOPTION AND ADMINISTRATION

 The President and Chief Executive Officer of Patterson Companies, Inc., and the President of the subsidiary or operating
unit, or the Vice President—Human Resources on their behalf, must approve the attached Plan schedules. The Plan schedules are effective for each fiscal year and are updated annually. 

The President of each respective subsidiary or operating unit holds general authority and on-going responsibility for Plan
administration. Any exceptions to the provisions in this Plan require approval of the President of Patterson Companies, Inc. and the President of the respective subsidiary or operating unit. The foregoing officers and the Executive Vice President of
Patterson Companies, Inc., or the Vice President of Human Resources acting on their behalf, have the authority to interpret the terms of this Plan. 

 This Plan supersedes all prior Incentive Plans. No agreements or understandings will modify
this Plan unless they are in writing and approved by the President and Chief Executive Officer of Patterson Companies, Inc. and the President of the respective subsidiary or operating unit. This Plan is reviewed annually to determine the
appropriateness of future continuation. 
 NO CONTRACT 
 Participation in this Plan does not constitute a contract of employment and shall not affect the right of Patterson Companies, Inc. to discharge, transfer, or change the position of a participant. The
employment of any person participating in the Plan may be terminated at any time and no promise or representation is made regarding continued employment because of participation in the Plan. 

The Plan shall not be construed to limit or prevent Patterson Companies, Inc. from adopting or changing, from time to time, any rules,
standards, or procedures affecting a participant’s employment with Patterson Companies, Inc. or any Patterson Companies, Inc. affiliate, including those which affect award payments, with or without notice to the participant. 

ETHICAL AND LEGAL STANDARDS 
 A participant shall not pay, offer to pay, assign or give any part of his/her compensation or any other money to any agent, customer, or representative of the customer or any other person as an inducement
or reward for assistance in making a sale. Moreover, no rights under this Plan shall be assignable or subject to any pledge or encumbrance of any nature. 
 If a participant fails to comply with the Patterson Companies, Inc. Code of Ethics or the provisions included in this Plan document or violates any other Company policy, his/her award may be adjusted,
reduced, or denied at the discretion of Patterson Companies, Inc. management. 
  

					
	Approved	 		 	
			
	  	 		 	  
		 		 	
	Scott P. Anderson	 		 	R. Stephen Armstrong
	President & Chief Executive Officer	 		 	Chief Financial Officer and
		 		 	Executive Vice President
			
	  	 		 	  
	Date	 		 	Date

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00205-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00205-of-00352.parquet"}]]