Document:

Silicon Valley Bank Loan & Security Agreement

 Exhibit 10.1 
 

 
 SILICON VALLEY BANK LOAN AND SECURITY AGREEMENT 
 This LOAN AND SECURITY AGREEMENT (this “Agreement”) dated as of December 10, 2004, between SILICON VALLEY BANK, a California
chartered bank, with its principal place of business at 3003 Tasman Drive, Santa Clara, California 95054 (FAX                     )
(“Bank”), on the one hand, and WALNUT VENTURES, INC., a Nevada corporation, CORPORATE CONSULTING SERVICES, INC., a Nevada corporation, and INTERSEARCH GROUP, INC., a Florida corporation (jointly and severely,
collectively and each individually, referred to herein as “Borrower”), whose address is 250 Montgomery St., San Francisco, CA 94104, on the other hand, provides the terms on which Bank shall lend to Borrower and Borrower shall repay Bank.
The parties agree as follows: 
  

	1.	ACCOUNTING AND OTHER TERMS 

 Accounting terms not
defined in this Agreement shall be construed following GAAP. Calculations and determinations must be made following GAAP. The term “financial statements” includes the notes and schedules. The terms “including” and
“includes” always mean “including (or includes) without limitation,” in this or any Loan Document. Capitalized terms in this Agreement shall have the meanings set forth in Section 13. All other terms contained in this
Agreement, unless otherwise indicated, shall have the meanings provided by the Code, to the extent such terms are defined therein. 
  

	2.	LOAN AND TERMS OF PAYMENT 

 2.1 Promise to
Pay. Borrower hereby promises to pay Bank the unpaid principal amount of all Advances hereunder with all interest, fees and finance charges due thereon as and when due in accordance with this Agreement. 
 2.1.1 Financing of Accounts. 
 (a) Availability. Subject to the terms of this Agreement, Borrower may request that Bank finance specific Eligible Accounts. Bank shall finance such Eligible Accounts by extending credit to Borrower in an
amount equal to the result of the Advance Rate multiplied by the face amount of the Eligible Account (the “Advance”). Bank may, in its sole discretion, change the percentage of the Advance Rate for a particular Eligible Account on a case
by case basis. When Bank makes an Advance, the Eligible Account becomes a “Financed Receivable.” 
 (b) Maximum
Advances. The aggregate face amount of all Financed Receivables outstanding at any time may not exceed the Facility Amount. 
 (c) Borrowing Procedure. Borrower will deliver an Invoice Transmittal for each Eligible Account it offers. Bank may rely on information set forth in or provided with the Invoice Transmittal. 
 (d) Credit Quality; Confirmations. Bank may, at its option, conduct a credit check of the Account Debtor for each Account requested
by Borrower for financing hereunder in order to approve any such Account Debtor’s credit before agreeing to finance such Account. Bank may also verify directly with the respective Account Debtors the validity, amount and other matters relating
to the Accounts (including confirmations of Borrower’s representations in Section 5.3) by means of mail, telephone or otherwise, either in the name of Borrower or Bank from time to time in its sole discretion. 

 (e) Accounts Notification/Collection. Bank may notify any Person owing Borrower
money of Bank’s security interest in the funds and verify and/or collect the amount of the Account. 
 (f)
Maturity. This Agreement shall terminate and all Obligations outstanding hereunder shall be immediately due and payable on the Final Maturity Date. 
 (g) Suspension of Advances. Borrower’s ability to request that Bank finance Eligible Accounts hereunder will terminate if, in Bank’s sole discretion, there has been a material adverse change in the
general affairs, management, results of operation, condition (financial or otherwise) or the prospect of repayment of the Obligations, or there has been any material adverse deviation by Borrower from the most recent business plan of Borrower
presented to and accepted by Bank prior to the execution of this Agreement. 
 2.2 Collections, Finance Charges, Remittances and
Fees. The Obligations shall be subject to the following fees and Finance Charges. Unpaid fees and Finance Charges may, in Bank’s discretion, accrue interest and fees as described in Section 9.2 hereof. 
 2.2.1 Collections. Collections will be credited to the Financed Receivable Balance for such Financed Receivable, but if
there is an Event of Default, Bank may apply Collections to the Obligations in any order it chooses. If Bank receives a payment for both a Financed Receivable and a non-Financed Receivable, the funds will first be applied to the Financed Receivable
and, if there is no Event of Default then existing, the excess will be remitted to Borrower, subject to Section 2.2.7. 
 2.2.2 Facility Fee. A fully earned, non-refundable facility fee of Thirty-seven Thousand Five Hundred Dollars ($37,500) is due upon execution of this Agreement and has been paid as of the date hereof. 
 2.2.3 Finance Charges. In computing Finance Charges on the Obligations under this Agreement, all Collections received by
Bank shall be deemed applied by Bank on account of the Obligations three (3) Business Days after receipt of the Collections. Borrower will pay a finance charge (the “Finance Charge”) on each Financed Receivable which is equal to the
Applicable Rate divided by 360 multiplied by the number of days each such Financed Receivable is outstanding multiplied by the outstanding Financed Receivable Balance for such Financed Receivable. The Finance Charge is payable
when the Advance made based on such Financed Receivable is payable in accordance with Section 2.3 hereof. 
 2.2.4
Collateral Handling Fee, Warrant Waiver Fee, and Renewal Fee. 
 (a) Collateral Handling Fee. Borrower will pay
to Bank a collateral handling fee equal to: (a) 0.10% per month of the Financed Receivable Balance for each Financed Receivable outstanding based upon a 360 day year when the Adjusted Quick Ratio is equal to or greater than 1.25:1.0 for
the prior quarter; or (b) 0.50% per month of the Financed Receivable Balance for each Financed Receivable outstanding based upon a 360 day year when the Adjusted Quick Ratio is less than 1.25:1.0 for the prior quarter (the “Collateral
Handling Fee”). The Collateral Handling Fee is payable when the Advance made based on such Financed Receivable is payable in accordance with Section 2.3 hereof. In Computing Collateral Handling Fees under this agreement, all Collections
received by Bank shall be deemed applied by Bank on account of Obligations three (3) Business Days after receipt of the Collections. After an Event of Default, the Collateral Handling Fee will increase an additional 0.50% effective immediately
upon such Event of Default. 
 (b) Warrant Waiver Fee. A fully earned, non-refundable warrant waiver fee (the “Warrant
Waiver Fee”) of Seven Thousand Five Hundred Dollars ($7,500) is due upon execution of this Agreement and has been paid as of the date hereof. 
 (c) Renewal Fee. A fully earned, non-refundable renewal fee (the “Renewal Fee”) equal to 1.0% of the Facility Amount is due on each Maturity Date. 

 2.2.5 Accounting. After each Reconciliation Period, Bank will provide an
accounting of the transactions for that Reconciliation Period, including the amount of all Financed Receivables, all Collections, Adjustments, Finance Charges, Collateral Handling Fee and the Facility Fee. If Borrower does not object to the
accounting in writing within thirty (30) days it shall be considered accurate. All Finance Charges and other interest and fees are calculated on the basis of a 360 day year and actual days elapsed. 
 2.2.6 Deductions. Bank may deduct fees, Finance Charges, Advances which become due pursuant to Section 2.3, and other
amounts due pursuant to this Agreement from any Advances made or Collections received by Bank. 
 2.2.7 Lockbox; Account
Collection Services. As and when directed by Bank from time to time, at Bank’s option and at the sole and exclusive discretion of Bank (regardless of whether an Event of Default has occurred), Borrower shall direct each Account Debtor
(and each depository institution where proceeds of Accounts are on deposit) to remit payments with respect to the Accounts to a lockbox account established with Bank or to wire transfer payments to a cash collateral account that Bank controls
(collectively, the “Lockbox”). The Lockbox shall be established by Borrower no later than 30 days prior to the initial Advance hereunder. It will be considered an immediate Event of Default if the Lockbox is not set-up and operational
within forty-five (45) days from the date of such direction by Bank. Until such Lockbox is established, the proceeds of the Accounts shall be paid by the Account Debtors to an address consented to by Bank. Upon receipt by Borrower of such
proceeds, the Borrower shall immediately transfer and deliver same to Bank, along with a detailed cash receipts journal. Provided no Event of Default exists or an event that with notice or lapse of time will be an Event of Default, within three
(3) days of receipt of such amounts by Bank, Bank will turn over to Borrower the proceeds of the Accounts other than Collections with respect to Financed Receivables and the amount of Collections in excess of the amounts for which Bank has made
an Advance to Borrower, less any amounts due to Bank, such as the Finance Charge, the Facility Fee, payments due to Bank, other fees and expenses, or otherwise; provided, however, Bank may hold such excess amount with respect to Financed Receivables
as a reserve until the end of the applicable Reconciliation Period if Bank, in its discretion, determines that other Financed Receivable(s) may no longer qualify as an Eligible Account at any time prior to the end of the subject Reconciliation
Period. This Section does not impose any affirmative duty on Bank to perform any act other than as specifically set forth herein. All Accounts and the proceeds thereof are Collateral and if an Event of Default occurs, Bank may apply the proceeds of
such Accounts to the Obligations. 
 2.3 Repayment of Obligations; Adjustments. 
 2.3.1 Repayment. Borrower will repay each Advance on the earliest of: (a) the date on which payment is received of the
Financed Receivable with respect to which the Advance was made, (b) the date on which the Financed Receivable is no longer an Eligible Account, (c) the date on which any Adjustment is asserted to the Financed Receivable (but only to the
extent of the Adjustment if the Financed Receivable remains otherwise an Eligible Account), (d) the date on which there is a breach of any warranty or representation set forth in Section 5.3 or a breach of any covenant in this Agreement,
or (e) the Final Maturity Date (including any early termination). Each payment will also include all accrued Finance Charges and Collateral Handling Fees with respect to such Advance and all other amounts then due and payable hereunder.

 2.3.2 Repayment on Event of Default. When there is an Event of Default, Borrower will, if Bank demands (or,
upon the occurrence of an Event of Default under Section 8.5, immediately without notice or demand from Bank) repay all of the Advances. The demand may, at Bank’s option, include the Advance for each Financed Receivable then outstanding
and all accrued Finance Charges, Collateral Handling Fee, attorneys and professional fees, court costs and expenses, and any other Obligations. 
 2.3.3 Debit of Accounts. Bank may debit any of Borrower’s deposit accounts for payments or any amounts Borrower owes Bank hereunder. Bank shall promptly notify Borrower when it debits
Borrower’s accounts. These debits shall not constitute a set-off. 

 2.3.4 Adjustments. If at any time during the term of this Agreement any
Account Debtor asserts an Adjustment or if Borrower issues a credit memorandum or if any of the representations, warranties or covenants set forth in Section 5.3 are not longer true in all material respects, Borrower will promptly advise Bank.

 2.4 Power of Attorney. Borrower irrevocably appoints Bank and its successors and assigns as attorney-in-fact and authorizes
Bank, to: (i) following the occurrence of an Event of Default, sell, assign, transfer, pledge, compromise, or discharge all or any part of the Financed Receivables; (ii) following the occurrence of an Event of Default, demand, collect,
sue, and give releases to any Account Debtor for monies due and compromise, prosecute, or defend any action, claim, case or proceeding about the Financed Receivables, including filing a claim or voting a claim in any bankruptcy case in Bank’s
or Borrower’s name, as Bank chooses; (iii) following the occurrence of an Event of Default, prepare, file and sign Borrower’s name on any notice, claim, assignment, demand, draft, or notice of or satisfaction of lien or
mechanics’ lien or similar document; (iv) regardless of whether there has been an Event of Default, notify all Account Debtors to pay Bank directly; (v) regardless of whether there has been an Event of Default, receive, open, and
dispose of mail addressed to Borrower; (vi) regardless of whether there has been an Event of Default, endorse Borrower’s name on checks or other instruments (to the extent necessary to pay amounts owed pursuant to this Agreement); and
(vii) regardless of whether there has been an Event of Default, execute on Borrower’s behalf any instruments, documents, financing statements to perfect Bank’s interests in the Financed Receivables and Collateral and do all acts and
things necessary or expedient, as determined solely and exclusively by Bank, to protect or preserve, Bank’s rights and remedies under this Agreement, as directed by Bank. 
  

	3.	CONDITIONS OF LOANS 

 3.1 Conditions Precedent
to Initial Advance. Bank’s agreement to make the initial Advance is subject to the condition precedent that Bank shall have received, in form and substance satisfactory to Bank, such documents, and completion of such other matters, as
Bank may reasonably deem necessary or appropriate, including, without limitation, subject to the condition precedent that Bank shall have received, in form and substance satisfactory to Bank, the following: 
 (a) a certificate of the Secretary of each Borrower with respect to articles, bylaws, incumbency and resolutions authorizing the execution
and delivery of this Agreement in form and substance substantially similar to that attached hereto as Exhibit D; 
 (b)
[ intentionally omitted ]; 
 (c) subordination agreements/intercreditor agreements by certain Persons; 
 (d) completed Disclosure Schedule; 
 (e) [ intentionally omitted ]; 
 (f) [ intentionally omitted ]; 
 (g) Account Control Agreement/ Investment Account Control Agreement; 
 (hi) insurance certificates; 
 (i) payment of the fees and Bank Expenses then due and payable; 
 (j) Certificate of Foreign
Qualification (if applicable); 
 (k) Certificate of Good Standing/Legal Existence; 

 (l) the Facility Fee and Warrant Waiver Fee; and 
 (m) a Joint and Several Borrower Rider for each Borrower in form and substance substantially similar to that attached hereto as
Exhibit C. 
 (n) such other documents, and completion of such other matters, as Bank may reasonably deem
necessary or appropriate. 
 3.2 Conditions Precedent to all Advances. Bank’s agreement to make each Advance, including
the initial Advance, is subject to the following: 
 (a) receipt of the Invoice Transmittal; 
 (b) the Lockbox shall be established, and with respect to the initial Advance, must be established at least thirty (30) days prior to
the making by the Bank of the initial Advance; 
 (c) the Lockbox shall be maintained at all times; 
 (d) receipt of all accrued and unpaid fees, including, without limitation, the Renewal Fee and Collateral Handling Fee, and Bank Expenses;

 (e) Bank shall have (at its option) conducted the confirmations and verifications as described in Section 2.1.1 (d);
and 
 (f) each of the representations and warranties in Section 5 shall be true on the date of the Invoice Transmittal
and on the effective date of each Advance and no Event of Default shall have occurred and be continuing, or result from the Advance. Each Advance is Borrower’s representation and warranty on that date that the representations and warranties in
Section 5 remain true. 
  

	4.	CREATION OF SECURITY INTEREST 

 4.1 Grant of
Security Interest. Borrower hereby grants Bank, to secure the payment and performance in full of all of the Obligations and the performance of each of Borrower’s duties under the Loan Documents, a continuing security interest in, and
pledges and assigns to Bank, the Collateral, wherever located, whether now owned or hereafter acquired or arising, and all proceeds and products thereof. Borrower warrants and represents that the security interest granted herein shall be a first
priority security interest in the Collateral. 
 Except as noted on the Disclosure Schedule, Borrower is not a party to, nor
is bound by, any material license or other agreement with respect to which Borrower is the licensee that prohibits or otherwise restricts Borrower from granting a security interest in Borrower’s interest in such license or agreement or any
other property. Without prior consent from Bank, Borrower shall not enter into, or become bound by, any such license or agreement which is reasonably likely to have a material impact on Borrower’s business or financial condition. Borrower shall
take such steps as Bank requests to obtain the consent of, or waiver by, any person whose consent or waiver is necessary for all such licenses or contract rights to be deemed “Collateral” and for Bank to have a security interest in it that
might otherwise be restricted or prohibited by law or by the terms of any such license or agreement, whether now existing or entered into in the future. 
 If the Agreement is terminated, Bank’s lien and security interest in the Collateral shall continue until Borrower fully satisfies its Obligations. If Borrower shall at any time, acquire a commercial tort claim,
Borrower shall promptly notify Bank in a writing signed by Borrower of the brief details thereof and grant to Bank in such writing a security interest therein and in the proceeds thereof, all upon the terms of this Agreement, with such writing to be
in form and substance satisfactory to Bank. 

 4.2 Authorization to File Financing Statements. Borrower hereby authorizes Bank to file
financing statements, without notice to Borrower, with all appropriate jurisdictions in order to perfect or protect Bank’s interest or rights hereunder, which financing statements may indicate the Collateral as “all assets of the
Debtor” or words of similar effect, or as being of an equal or lesser scope, or with greater detail, all in Bank’s discretion. 
  

	5.	REPRESENTATIONS AND WARRANTIES 

 Borrower represents
and warrants as follows: 
 5.1 Due Organization and Authorization. Borrower and each Subsidiary is duly existing and in good
standing in its state of formation and qualified and licensed to do business in, and in good standing in, any state in which the conduct of its business or its ownership of property requires that it be qualified except where the failure to do so
could not reasonably be expected to cause a Material Adverse Change. Borrower represents and warrants to Bank that: (a) Borrower’s exact legal name is that indicated on the Disclosure Schedule and on the signature page hereof; and
(b) Borrower is an organization of the type, and is organized in the jurisdiction, set forth in the Disclosure Schedule; and (c) the Disclosure Schedule accurately sets forth Borrower’s organizational identification number or
accurately states that Borrower has none; and (d) the Disclosure Schedule accurately sets forth Borrower’s place of business, or, if more than one, its chief executive office as well as Borrower’s mailing address if different, and
(e) all other information set forth on the Disclosure Schedule pertaining to Borrower is accurate and complete. If Borrower does not now have an organizational identification number, but later obtains one, Borrower shall forthwith notify Bank
of such organizational identification number. 
 The execution, delivery and performance of the Loan Documents have been duly
authorized, and do not conflict with Borrower’s organizational documents, nor constitute an event of default under any material agreement by which Borrower is bound. Borrower is not in default under any agreement to which or by which it is
bound in which the default could reasonably be expected to cause a Material Adverse Change. 
 5.2 Collateral. Borrower has
good title to the Collateral, free of Liens except Permitted Liens. All inventory is in all material respects of good and marketable quality, free from material defects. Borrower has no deposit account, other than the deposit accounts with Bank and
deposit accounts described in the Disclosure Schedule delivered to Bank in connection herewith. The Collateral is not in the possession of any third party bailee (such as a warehouse). Except as hereafter disclosed to Bank in writing by Borrower,
none of the components of the Collateral shall be maintained at locations other than as provided in the Disclosure Schedule. In the event that Borrower, after the date hereof, intends to store or otherwise deliver any portion of the Collateral to a
bailee, then Borrower will first receive the written consent of Bank and such bailee must acknowledge in writing that the bailee is holding such Collateral for the benefit of Bank. 
 5.3 Financed Receivables. Borrower represents and warrants for each Financed Receivable: 
 (a) Each Financed Receivable is an Eligible Account. 
 (b) Borrower is the owner with legal right to sell, transfer, assign and encumber such Financed Receivable; 
 (c) The correct amount is on the Invoice Transmittal and is not disputed provided, however that, Bank will, on a
case-by-case basis in its sole discretion, allow Borrower (upon Bank receiving notice from Borrower requesting that Bank make such an allowance) to make subsequent adjustments to the amounts on the delivered Invoice Transmittal in order to remedy
immaterial miscalculations;; 
 (d) Payment is not contingent on any obligation or contract and Borrower has fulfilled all its
obligations as of the Invoice Transmittal date; 

 (e) Each Financed Receivable is based on an actual sale and delivery of goods and/or
services rendered, is due to Borrower, is not past due or in default, has not been previously sold, assigned, transferred, or pledged and is free of any liens, security interests and encumbrances other than Permitted Liens; 
 (f) There are no defenses, offsets, counterclaims or agreements for which the Account Debtor may claim any deduction or discount;

 (g) Borrower reasonably believes no Account Debtor is insolvent or subject to any Insolvency Proceedings; 
 (h) Borrower has not filed or had filed against it Insolvency Proceedings and does not anticipate any filing; 
 (i) Bank has the right to endorse and/ or require Borrower to endorse all payments received on Financed Receivables and all proceeds of
Collateral; and 
 (j) No representation, warranty or other statement of Borrower in any certificate or written statement
given to Bank contains any untrue statement of a material fact or omits to state a material fact necessary to make the statement contained in the certificates or statement not misleading. 
 5.4 Litigation. There are no actions or proceedings pending or, to the knowledge of Borrower’s Responsible Officers or legal counsel,
threatened by or against Borrower or any Subsidiary in which an adverse decision could reasonably be expected to cause a Material Adverse Change. 
 5.5 No Material Deviation in Financial Statements. All consolidated financial statements for Borrower and any Subsidiary delivered to Bank fairly present in all material respects Borrower’s consolidated financial
condition and Borrower’s consolidated results of operations. There has not been any material deterioration in Borrower’s consolidated financial condition since the date of the most recent financial statements submitted to Bank. 

5.6 Solvency. Borrower is able to pay its debts (including trade debts) as they mature. 
 5.7 Regulatory Compliance. Borrower is not an “investment company” or a company “controlled” by an “investment
company” under the Investment Company Act. Borrower is not engaged as one of its important activities in extending credit for margin stock (under Regulations X, T and U of the Federal Reserve Board of Governors). Borrower has complied in all
material respects with the Federal Fair Labor Standards Act. Borrower has not violated any laws, ordinances or rules, the violation of which could reasonably be expected to cause a Material Adverse Change. None of Borrower’s or any
Subsidiary’s properties or assets has been used by Borrower or any Subsidiary or, to the best of Borrower’s knowledge, by previous Persons, in disposing, producing, storing, treating, or transporting any hazardous substance other than
legally. Borrower and each Subsidiary has timely filed all required tax returns and paid, or made adequate provision to pay, all material taxes, except those being contested in good faith with adequate reserves under GAAP. Borrower and each
Subsidiary has obtained all consents, approvals and authorizations of, made all declarations or filings with, and given all notices to, all government authorities that are necessary to continue its business as currently conducted except where the
failure to obtain or make such consents, declarations, notices or filings would not reasonably be expected to cause a Material Adverse Change. 
 5.8 Subsidiaries. Borrower does not own any stock, partnership interest or other equity securities except for Permitted Investments. 
 5.9 Full Disclosure. No written representation, warranty or other statement of Borrower in any certificate or written statement given to Bank contains any untrue statement of a material fact or omits to
state a material fact necessary to make the statements contained in the certificates or statements not misleading. 

	6.	AFFIRMATIVE COVENANTS 

 Borrower shall do all of the
following: 
 6.1 Government Compliance. Borrower shall maintain its and all Subsidiaries’ legal existence and good
standing in its jurisdiction of formation and maintain qualification in each jurisdiction in which the failure to so qualify would reasonably be expected to have a material adverse effect on Borrower’s business or operations. Borrower shall
comply, and have each Subsidiary comply, with all laws, ordinances and regulations to which it is subject, noncompliance with which could have a material adverse effect on Borrower’s business or operations or would reasonably be expected to
cause a Material Adverse Change. 
 6.2 Financial Statements, Reports, Certificates. 
 (a) Borrower shall deliver to Bank: (i) as soon as available, but no later than thirty (30) days after the last day of each
month, a company prepared consolidated balance sheet and income statement covering Borrower’s consolidated operations during the period certified by a Responsible Officer and in a form acceptable to Bank; (ii) as soon as available, but no
later than one hundred eighty (180) days after the last day of Borrower’s fiscal year, audited consolidated financial statements prepared under GAAP, consistently applied, together with an unqualified opinion on the financial statements
from an independent certified public accounting firm reasonably acceptable to Bank; (iii) in the event that Borrower’s stock becomes publicly held, within five (5) days of filing, copies of all statements, reports and notices made
available to Borrower’s security holders or to any holders of Subordinated Debt and all reports on Form 10-K, 10-Q and 8-K filed with the Securities and Exchange Commission; (iv) a prompt report of any legal actions pending or threatened
against Borrower or any Subsidiary that could result in damages or costs to Borrower or any Subsidiary of One Hundred Thousand Dollars ($100,000.00) or more; (v) prompt notice of any material change in the composition of the Intellectual
Property Collateral, or the registration of any copyright, including any subsequent ownership right of Borrower in or to any Copyright, Patent or Trademark not shown in the IP Agreement or knowledge of an event that materially adversely affects the
value of the Intellectual Property Collateral; and (vi) budgets, sales projections, operating plans or other financial information reasonably requested by Bank, including, without limitation, a report of Borrower’s annual financial
projections approved by Borrower’s Board of Directors, delivered to Bank as soon as available, but no later than 30 days after the last day of Borrower’s fiscal year. 
 (b) Within thirty (30) days after the last day of each month, Borrower shall deliver to Bank with the monthly financial statements a
Compliance Certificate signed by a Responsible Officer in the form of Exhibit B. 
 (c) Borrower will allow
Bank to audit Borrower’s Collateral, including, but not limited to, Borrower’s Accounts and accounts receivable, at Borrower’s expense, upon reasonable notice to Borrower; provided, however, prior to the occurrence of an
Event of Default, Borrower shall be obligated to pay for not more than one (1) audit per year; and provided, further, that Borrower shall not be obligated to pay for any Collateral audit until Bank makes an initial Advance
hereunder, in which case, a Collateral audit shall be completed within 90 days from the date of such initial Advance at Borrower’s expense. After the occurrence of an Event of Default, Bank may audit Borrower’s Collateral, including, but
not limited to, Borrower’s Accounts and accounts receivable at Borrower’s expense and at Bank’s sole and exclusive discretion and without notification and authorization from Borrower. 
 (d) Upon Bank’s request, provide a written report respecting any Financed Receivable, if payment of any Financed Receivable does not
occur by its due date and include the reasons for the delay. 
 (e) Provide Bank with, as soon as available, but no later than
thirty (30) days following each Reconciliation Period, an aged listing of accounts receivable and accounts payable by invoice date, in form acceptable to Bank. 

 6.3 Taxes. Borrower shall make, and cause each Subsidiary to make, timely payment of all
material federal, state, and local taxes or assessments (other than taxes and assessments which Borrower is contesting in good faith, with adequate reserves maintained in accordance with GAAP) and will deliver to Bank, on demand, appropriate
certificates attesting to such payments. 
 6.4 Insurance. Borrower shall keep its business and the Collateral insured for
risks and in amounts, and as Bank may reasonably request. Insurance policies shall be in a form, with companies, and in amounts that are satisfactory to Bank. All property policies shall have a lender’s loss payable endorsement showing Bank as
an additional loss payee and all liability policies shall show Bank as an additional insured and all policies shall provide that the insurer must give Bank at least twenty (20) days notice before canceling its policy. At Bank’s request,
Borrower shall deliver certified copies of policies and evidence of all premium payments. Proceeds payable under any policy shall, at Bank’s option, be payable to Bank on account of the Obligations. If Borrower fails to obtain insurance as
required under this Section or to pay any amount or furnish any required proof of payment to third persons and Bank, Bank may make all or part of such payment or obtain such insurance policies required in this Section and take any action under the
policies Bank deems prudent. 
 6.5 Accounts. 
 (a) In order to permit Bank to monitor Borrower’s financial performance and condition, Borrower, and all Borrower’s
Subsidiaries, shall maintain Borrower’s, and such Subsidiaries, primary depository and operating accounts and securities accounts with Bank which accounts shall represent at least
            % of the dollar value of Borrower’s and such Subsidiaries accounts at all financial institutions. Any Guarantor shall maintain all depository, operating and
securities accounts with Bank. 
 (b) Borrower shall identify to Bank, in writing, any bank or securities account opened by
Borrower with any institution other than Bank. In addition, for each such account that Borrower or Guarantor at any time opens or maintains, Borrower shall, at Bank’s request and option, pursuant to an agreement in form and substance acceptable
to Bank, cause the depository bank or securities intermediary to agree that such account is the collateral of Bank pursuant to the terms hereunder. The provisions of the previous sentence shall not apply to deposit accounts exclusively used for
payroll, payroll taxes and other employee wage and benefit payments to or for the benefit of Borrower’s employees. 
 6.6 [
Intentionally Omitted ]. 
 6.7 Further Assurances. Borrower shall execute any further instruments and take further
action as Bank reasonably requests to perfect or continue Bank’s security interest in the Collateral or to effect the purposes of this Agreement. 
  

	7.	NEGATIVE COVENANTS 

 Borrower shall not do any of
the following without Bank’s prior written consent. 
 7.1 Dispositions. Convey, sell, lease, transfer or otherwise
dispose of (collectively a “Transfer”), or permit any of its Subsidiaries to Transfer, all or any part of its business or property, except for Transfers (i) of inventory in the ordinary course of business; (ii) of non-exclusive
licenses and similar arrangements for the use of the property of Borrower or its Subsidiaries in the ordinary course of business; or (iii) of worn-out or obsolete equipment. 
 7.2 Changes in Business, Ownership, Management or Business Locations. Engage in or permit any of its Subsidiaries to engage in any business
other than the businesses currently engaged in by Borrower or reasonably related thereto, or have a material change (which shall be any transfer of over 25% of the capital stock or other ownership interests) in its ownership (other than by the sale
of Borrower’s equity securities in a public offering or to venture capital investors so long as Borrower identifies to Bank the venture capital investors prior to the closing of the investment), or management. Borrower shall not, without at
least thirty (30) days 

 
prior written notice to Bank: (i) relocate its chief executive office, or add any new offices or business locations, including warehouses (unless such
new offices or business locations contain less than Five Thousand Dollars ($5,000.00) in Borrower’s assets or property), or (ii) change its jurisdiction of organization, or (iii) change its organizational structure or type, or
(iv) change its legal name, or (v) change any organizational number (if any) assigned by its jurisdiction of organization. 
 7.3 Mergers or Acquisitions. Merge or consolidate, or permit any of its Subsidiaries to merge or consolidate, with any other Person, or acquire, or permit any of its Subsidiaries to acquire, all or substantially all of the
capital stock or property of another Person. A Subsidiary may merge or consolidate into another Subsidiary or into Borrower. 
 7.4
Indebtedness. Create, incur, assume, or be liable for any Indebtedness, or permit any Subsidiary to do so, other than Permitted Indebtedness. 
 7.5 Encumbrance. Create, incur, or allow any Lien on any of its property, or assign or convey any right to receive income, including the sale of any Accounts, or permit any of its Subsidiaries to do so,
except for Permitted Liens, or permit any Collateral not to be subject to the first priority security interest granted herein. The Collateral may also be subject to Permitted Liens. 
 7.6 Distributions; Investments. (i) Directly or indirectly acquire or own any Person, or make any Investment in any Person, other than
Permitted Investments, or permit any of its Subsidiaries to do so; or (ii) pay any dividends or make any distribution or payment or redeem, retire or purchase any capital stock. 
 7.7 Transactions with Affiliates. Directly or indirectly enter into or permit to exist any material transaction with any Affiliate of
Borrower, except for transactions that are in the ordinary course of Borrower’s business, upon fair and reasonable terms that are no less favorable to Borrower than would be obtained in an arm’s length transaction with a non-affiliated
Person. 
 7.8 Subordinated Debt. Make or permit any payment on any Subordinated Debt, except under the terms of the
Subordinated Debt, or amend any provision in any document relating to the Subordinated Debt, without Bank’s prior written consent. 
 7.9 Compliance. Become an “investment company” or a company controlled by an “investment company”, under the Investment Company Act of 1940 or undertake as one of its important activities extending credit
to purchase or carry margin stock, or use the proceeds of any Advance for that purpose; fail to meet the minimum funding requirements of ERISA, permit a Reportable Event or Prohibited Transaction, as defined in ERISA, to occur; fail to comply with
the Federal Fair Labor Standards Act or violate any other law or regulation, if the violation could reasonably be expected to have a material adverse effect on Borrower’s business or operations or would reasonably be expected to cause a
Material Adverse Change, or permit any of its Subsidiaries to do so. 
  

	8.	EVENTS OF DEFAULT 

 Any one of the following is an
Event of Default: 
 8.1 Payment Default. Borrower fails to pay any of the Obligations when due; 
 8.2 Covenant Default. 
 (a) If Borrower fails to perform any obligation under Sections 2.2.7, 6.2 or 6.6 or violates any of the covenants contained in Section 7 of this Agreement, or 

 (b) If Borrower fails or neglects to perform, keep, or observe any other material term,
provision, condition, covenant, or agreement contained in this Agreement, in any of the Loan Documents, or in any other present or future agreement between Borrower and Bank and as to any default under such other term, provision, condition, covenant
or agreement that can be cured, has failed to cure such default within ten (10) days after the occurrence thereof; provided, however, that if the default cannot by its nature be cured within the ten (10) day period or cannot after diligent
attempts by Borrower be cured within such ten (10) day period, and such default is likely to be cured within a reasonable time, then Borrower shall have an additional reasonable period (which shall not in any case exceed thirty (30) days)
to attempt to cure such default, and within such reasonable time period the failure to have cured such default shall not be deemed an Event of Default (provided that no Advances will be made during such cure period); 
 8.3 Material Adverse Change. A Material Adverse Change occurs; 
 8.4 Attachment. (i) Any portion of Borrower’s assets is attached, seized, levied on, or comes into possession of a trustee or
receiver and the attachment, seizure or levy is not removed in ten (10) days; (ii) the service of process upon Borrower seeking to attach, by trustee or similar process, any funds of Borrower on deposit with Bank, or any entity under the
control of Bank (including a subsidiary); (iii) Borrower is enjoined, restrained, or prevented by court order from conducting any part of its business; (iv) a judgment or other claim becomes a Lien on a portion of Borrower’s assets;
or (v) a notice of lien, levy, or assessment is filed against any of Borrower’s assets by any government agency and not paid within ten (10) days after Borrower receives notice; 
 8.5 Insolvency. (i) Borrower is unable to pay its debts (including trade debts) as they become due or otherwise becomes insolvent;
(ii) Borrower begins an Insolvency Proceeding; or (iii) an Insolvency Proceeding is begun against Borrower and not dismissed or stayed within thirty (30) days (but no Advances shall be made before any Insolvency Proceeding is
dismissed); 
 8.6 Other Agreements. If there is a default in any agreement to which Borrower is a party with a third party or
parties resulting in a right by such third party or parties, whether or not exercised, to accelerate the maturity of any Indebtedness in an amount in excess of One Hundred Thousand Dollars ($100,000) or that could result in a Material Adverse
Change; 
 8.7 Judgments. If a judgment or judgments for the payment of money in an amount, individually or in the aggregate,
of at least Two Hundred Thousand Dollars ($200,000) shall be rendered against Borrower and shall remain unsatisfied and unstayed for a period of ten (10) days (provided that no Advances will be made prior to the satisfaction or stay of such
judgment); 
 8.8 Misrepresentations. If Borrower or any Person acting for Borrower makes any material misrepresentation or
material misstatement now or later in any warranty or representation in this Agreement or in any writing delivered to Bank or to induce Bank to enter this Agreement or any Loan Document; 
 8.9 Subordinated Debt. A default or breach occurs under any agreement between Borrower and any creditor of Borrower that signed a
subordination agreement with Bank, or any creditor that has signed a subordination agreement with Bank breaches any terms of the subordination agreement. 
  

	9.	BANK’S RIGHTS AND REMEDIES 

 9.1 Rights
and Remedies. When an Event of Default occurs and continues Bank may, without notice or demand, do any or all of the following: 
 (a) Declare all Obligations immediately due and payable (but if an Event of Default described in Section 8.5 occurs all Obligations are immediately due and payable without any action by Bank); 

 (b) Stop advancing money or extending credit for Borrower’s benefit under this
Agreement or under any other agreement between Borrower and Bank; 
 (c) Settle or adjust disputes and claims directly with
Account Debtors for amounts, on terms and in any order that Bank considers advisable and notify any Person owing Borrower money of Bank’s security interest in such funds and verify the amount of such account. Borrower shall collect all payments
in trust for Bank and, if requested by Bank, immediately deliver the payments to Bank in the form received from the Account Debtor, with proper endorsements for deposit; 
 (d) Make any payments and do any acts it considers necessary or reasonable to protect its security interest in the Collateral. Borrower
shall assemble the Collateral if Bank requests and make it available as Bank designates. Bank may enter premises where the Collateral is located, take and maintain possession of any part of the Collateral, and pay, purchase, contest, or compromise
any Lien which appears to be prior or superior to its security interest and pay all expenses incurred. Borrower grants Bank a license to enter and occupy any of its premises, without charge, to exercise any of Bank’s rights or remedies;

 (e) Apply to the Obligations any (i) balances and deposits of Borrower it holds, or (ii) any amount held by Bank
owing to or for the credit or the account of Borrower; 
 (f) Ship, reclaim, recover, store, finish, maintain, repair, prepare
for sale, advertise for sale, and sell the Collateral. Bank is hereby granted a non-exclusive, royalty-free license or other right to use, without charge, Borrower’s labels, patents, copyrights, mask works, rights of use of any name, trade
secrets, trade names, trademarks, service marks, and advertising matter, or any similar property as it pertains to the Collateral, in completing production of, advertising for sale, and selling any Collateral and, in connection with Bank’s
exercise of its rights under this Section, Borrower’s rights under all licenses and all franchise agreements inure to Bank’s benefit; 
 (g) Place a “hold” on any account maintained with Bank and/or deliver a notice of exclusive control, any entitlement order, or other directions or instructions pursuant to any control agreement or similar
agreements providing control of any Collateral; and 
 (h) Exercise all rights and remedies and dispose of the Collateral
according to the Code. 
 9.2 Bank Expenses; Unpaid Fees. Any amounts paid by Bank as provided herein shall constitute Bank
Expenses and are immediately due and payable, and shall bear interest at the Default Rate and be secured by the Collateral. No payments by Bank shall be deemed an agreement to make similar payments in the future or Bank’s waiver of any Event of
Default. In addition, any amounts advanced hereunder which are not based on Financed Receivables (including, without limitation, unpaid fees and Finance Charges as described in Section 2.2) shall accrue interest at the Default Rate and be
secured by the Collateral. 
 9.3 Bank’s Liability for Collateral. So long as Bank complies with reasonable banking
practices regarding the safekeeping of collateral, Bank shall not be liable or responsible for: (a) the safekeeping of the Collateral; (b) any loss or damage to the Collateral; (c) any diminution in the value of the Collateral; or
(d) any act or default of any carrier, warehouseman, bailee, or other Person. Borrower bears all risk of loss, damage or destruction of the Collateral. 
 9.4 Remedies Cumulative. Bank’s rights and remedies under this Agreement, the Loan Documents, and all other agreements are cumulative. Bank has all rights and remedies provided under the Code, by
law, or in equity. Bank’s exercise of one right or remedy is not an election, and Bank’s waiver of any Event of Default is not a continuing waiver. Bank’s delay is not a waiver, election, or acquiescence. No waiver hereunder shall be
effective unless signed by Bank and then is only effective for the specific instance and purpose for which it was given. 

 9.5 Demand Waiver. Borrower waives demand, notice of default or dishonor, notice of payment
and nonpayment, notice of any default, nonpayment at maturity, release, compromise, settlement, extension, or renewal of accounts, documents, instruments, chattel paper, and guarantees held by Bank on which Borrower is liable. 
 9.6 Default Rate. After the occurrence of an Event of Default, all Obligations shall accrue interest at the Applicable Rate plus five
percent (5.0%) per annum (the “Default Rate”). 
  

	10.	NOTICES 

 Notices or demands by either party about
this Agreement must be in writing and personally delivered or sent by an overnight delivery service, by certified mail postage prepaid return receipt requested, or by fax to the addresses listed at the beginning of this Agreement. A party may change
notice address by written notice to the other party. 
  

	11.	CHOICE OF LAW, VENUE AND JURY TRIAL WAIVER 

 California law governs the Loan Documents without regard to principles of conflicts of law. Borrower and Bank each submit to the exclusive jurisdiction of the State and Federal courts in California and Borrower accepts jurisdiction of the
courts and venue in Santa Clara County, California. NOTWITHSTANDING THE FOREGOING, BANK SHALL HAVE THE RIGHT TO BRING ANY ACTION OR PROCEEDING AGAINST BORROWER OR ITS PROPERTY IN THE COURTS OF ANY OTHER JURISDICTION WHICH BANK DEEMS NECESSARY OR
APPROPRIATE IN ORDER TO REALIZE ON THE COLLATERAL OR TO OTHERWISE ENFORCE BANK’S RIGHTS AGAINST BORROWER OR ITS PROPERTY. 
 BORROWER
AND BANK EACH WAIVE THEIR RIGHT TO A JURY TRIAL OF ANY CLAIM OR CAUSE OF ACTION ARISING OUT OF OR BASED UPON THIS AGREEMENT, THE LOAN DOCUMENTS OR ANY CONTEMPLATED TRANSACTION, INCLUDING CONTRACT, TORT, BREACH OF DUTY AND ALL OTHER CLAIMS. THIS
WAIVER IS A MATERIAL INDUCEMENT FOR BOTH PARTIES TO ENTER INTO THIS AGREEMENT. EACH PARTY HAS REVIEWED THIS WAIVER WITH ITS COUNSEL. 
  

	12.	GENERAL PROVISIONS 

 12.1 Successors and
Assigns. This Agreement binds and is for the benefit of the successors and permitted assigns of each party. Borrower may not assign this Agreement or any rights or Obligations under it without Bank’s prior written consent which may be
granted or withheld in Bank’s discretion. Bank has the right, without the consent of or notice to Borrower, to sell, transfer, negotiate, or grant participation in all or any part of, or any interest in, Bank’s obligations, rights and
benefits under this Agreement, the Loan Documents or any related agreement. Bank will provide notice to Borrower of any transfer by Bank under this Section. 
 12.2 Indemnification. Borrower hereby indemnifies, defends and holds Bank and its officers, employees, directors and agents harmless against: (a) all obligations, demands, claims, and liabilities
asserted by any other party in connection with the transactions contemplated by the Loan Documents, except for losses caused by Bank’s gross negligence or willful misconduct; and (b) all losses or Bank Expenses incurred, or paid by Bank
from, following, or consequential to transactions between Bank and Borrower (including reasonable attorneys’ fees and expenses), except for losses caused by Bank’s gross negligence or willful misconduct. 
 12.3 Right of Set-Off. Borrower hereby grants to Bank, a lien, security interest and right of setoff as security for all Obligations to
Bank, whether now existing or hereafter arising upon and against all deposits, credits, collateral and property, now or hereafter in the possession, custody, safekeeping or control of Bank or any entity under the control of Bank (including a Bank
subsidiary) or in transit to any of them. At any time after the occurrence and during the continuance of an Event of Default, without demand or notice, Bank may set off the same or any part thereof and apply the same to any liability or 

 
obligation of Borrower even though unmatured and regardless of the adequacy of any other collateral securing the Obligations. ANY AND ALL RIGHTS TO REQUIRE
BANK TO EXERCISE ITS RIGHTS OR REMEDIES WITH RESPECT TO ANY OTHER COLLATERAL WHICH SECURES THE OBLIGATIONS, PRIOR TO EXERCISING ITS RIGHT OF SETOFF WITH RESPECT TO SUCH DEPOSITS, CREDITS OR OTHER PROPERTY OF BORROWER, ARE HEREBY KNOWINGLY,
VOLUNTARILY AND IRREVOCABLY WAIVED. 
 12.4 Time of Essence. Time is of the essence for the performance of all Obligations in
this Agreement. 
 12.5 Severability of Provision. Each provision of this Agreement is severable from every other provision in
determining the enforceability of any provision. 
 12.6 Amendments in Writing; Integration. All amendments to this Agreement
must be in writing signed by both Bank and Borrower. This Agreement and the Loan Documents represent the entire agreement about this subject matter, and supersede prior negotiations or agreements. All prior agreements, understandings,
representations, warranties, and negotiations between the parties about the subject matter of this Agreement and the Loan Documents merge into this Agreement and the Loan Documents. 
 12.7 Counterparts. This Agreement may be executed in any number of counterparts and by different parties on separate counterparts, each of
which, when executed and delivered, are an original, and all taken together, constitute one Agreement. 
 12.8 [ Intentionally Omitted
]. 
 12.9 Survival. All covenants, representations and warranties made in this Agreement continue in full force while
any Obligations remain outstanding. The obligation of Borrower in Section 12.2 to indemnify Bank shall survive until the statute of limitations with respect to such claim or cause of action shall have run. 
 12.10 Confidentiality. In handling any confidential information, Bank shall exercise the same degree of care that it exercises for its own
proprietary information, but disclosure of information may be made: (i) to Bank’s subsidiaries or affiliates in connection with their business with Borrower; (ii) to prospective transferees or purchasers of any interest in the
Advances (provided, however, Bank shall use commercially reasonable efforts in obtaining such prospective transferee’s or purchaser’s agreement to the terms of this provision); (iii) as required by law, regulation, subpoena, or other
order, (iv) as required in connection with Bank’s examination or audit; and (v) as Bank considers appropriate in exercising remedies under this Agreement. Confidential information does not include information that either: (a) is
in the public domain or in Bank’s possession when disclosed to Bank, or becomes part of the public domain after disclosure to Bank; or (b) is disclosed to Bank by a third party, if Bank does not know that the third party is prohibited from
disclosing the information. 
 12.11 Attorneys’ Fees, Costs and Expenses. In any action or proceeding between Borrower and
Bank arising out of the Loan Documents, the prevailing party will be entitled to recover its reasonable attorneys’ fees and other reasonable costs and expenses incurred, in addition to any other relief to which it may be entitled. 

 

	13.	DEFINITIONS 

 13.1 Definitions. In
this Agreement: 
 “Accounts” are all existing and later arising accounts, contract rights, and other obligations owed
Borrower in connection with its sale or lease of goods (including licensing software and other technology) or provision of services, all credit insurance, guaranties, other security and all merchandise returned or reclaimed by Borrower and
Borrower’s Books relating to any of the foregoing. 

 “Account Debtor” is as defined in the Code and shall include, without limitation, any
person liable on any Financed Receivable, such as, a guarantor of the Financed Receivable and any issuer of a letter of credit or banker’s acceptance. 
 “Adjusted Quick Ratio” is the ratio of Quick Assets to Current Liabilities minus Deferred Revenue minus the outstanding obligations under the Subordinated Notes. 
 “Adjustments” are all discounts, allowances, returns, disputes, counterclaims, offsets, defenses, rights of recoupment, rights of
return, warranty claims, or short payments, asserted by or on behalf of any Account Debtor for any Financed Receivable. 
 “Advance” is defined in Section 2.1.1. 
 “Advance Rate” eighty percent (80.0%), net of any
offsets related to each specific Account Debtor, including, without limitation, Deferred Revenue, or such other percentage as Bank establishes under Section 2.1.1. 
 “Affiliate” is a Person that owns or controls directly or indirectly the Person, any Person that controls or is controlled by or is under common control with the Person, and each of that Person’s
senior executive officers, directors, partners and, for any Person that is a limited liability company, that Person’s managers and members. 
 “Applicable Rate” is a per annum rate equal to the Prime Rate plus 1.0% per annum based upon a 360 day year. 
 “Bank Expenses” are all audit fees and expenses and reasonable costs or expenses (including reasonable attorneys’ fees and expenses) for preparing, negotiating, administering, defending and enforcing the Loan Documents
(including appeals or Insolvency Proceedings). 
 “Borrower’s Books” are all Borrower’s books and records
including ledgers, records regarding Borrower’s assets or liabilities, the Collateral, business operations or financial condition and all computer programs or discs or any equipment containing the information. 
 “Business Day” is any day that is not a Saturday, Sunday or a day on which Bank is closed. 
 “Closing Date” is the date of this Agreement. 
 “Code” is the Uniform Commercial Code as adopted in California, as amended and as may be amended and in effect from time to time. 
 “Collateral” is any and all properties, rights and assets of Borrower granted by Borrower to Bank or arising under the Code, now, or in
the future, in which Borrower obtains an interest, or the power to transfer rights, as described on Exhibit A. 
 “Collateral Handling Fee” is defined in Section 2.2.4. 
 “Collections” are all funds
received by Bank from or on behalf of an Account Debtor for Financed Receivables. 
 “Compliance Certificate” is attached as
Exhibit B. 
 “Contingent Obligation” is, for any Person, any direct or indirect liability, contingent or not,
of that Person for (i) any indebtedness, lease, dividend, letter of credit or other obligation of another such as an obligation directly or indirectly guaranteed, 

 
endorsed, co-made, discounted or sold with recourse by that Person, or for which that Person is directly or indirectly liable; (ii) any obligations for
undrawn letters of credit for the account of that Person; and (iii) all obligations from any interest rate, currency or commodity swap agreement, interest rate cap or collar agreement, or other agreement or arrangement designated to protect a
Person against fluctuation in interest rates, currency exchange rates or commodity prices; but “Contingent Obligation” does not include endorsements in the ordinary course of business. The amount of a Contingent Obligation is the stated or
determined amount of the primary obligation for which the Contingent Obligation is made or, if not determinable, the maximum reasonably anticipated liability for it determined by the Person in good faith; but the amount may not exceed the maximum of
the obligations under the guarantee or other support arrangement. 
 “Current Liabilities” is all obligations and
liabilities of Borrower to Bank, plus, without duplication, the aggregate amount of Borrower’s Total Liabilities which mature within one (1) year. 
 “Default Rate” is defined in Section 9.6. 
 “Deferred Revenue” is all
amounts received or invoiced, as appropriate, in advance of performance under contracts and not yet recognized as revenue. 
 “Disclosure Schedule” is a certain Disclosure Schedule completed and delivered by Borrower to Bank in connection with this Agreement. 
 “Eligible Accounts” are billed Accounts in the ordinary course of Borrower’s business that meet all Borrower’s representations and warranties in Section 5.3, have been, at the option of
Bank, confirmed in accordance with Section 2.1.1 (d), and are due and owing from Account Debtors deemed creditworthy by Bank in its good faith business judgement. Without limiting the fact that the determination of which Accounts are eligible
hereunder is a matter of Bank discretion in each instance, Eligible Accounts shall not include the following Accounts (which listing may be amended or changed in Bank’s discretion with notice to Borrower): 
 (a) Accounts that the Account Debtor has not paid within ninety (90) days of invoice date; 
 (b) Accounts for an Account Debtor, fifty percent (50%) or more of whose Accounts have not been paid within ninety (90) days of invoice date;

 (c) Accounts for which the Account Debtor does not have its principal place of business in the United States, unless agreed to by Bank in
writing, in its sole discretion, on a case-by-case basis; 
 (d) Accounts for which the Account Debtor is a federal, state or local
government entity or any department, agency, or instrumentality thereof except for Accounts of the United States if the payee has assigned its payment rights to Bank and the assignment has been acknowledged under the Assignment of Claims Act of 1940
(31 U.S.C. 3727); 
 (e) Accounts for which Borrower owes the Account Debtor, but only up to the amount owed (sometimes called
“contra” accounts, accounts payable, customer deposits or credit accounts); 
 (f) Accounts for demonstration or promotional
equipment, or in which goods are consigned, sales guaranteed, sale or return, sale on approval, bill and hold, or other terms if Account Debtor’s payment may be conditional; 
 (g) Accounts for which the Account Debtor is Borrower’s Affiliate, officer, employee, or agent; 

 (h) Accounts in which the Account Debtor disputes liability or makes any claim and Bank believes there
may be a basis for dispute (but only up to the disputed or claimed amount), or if the Account Debtor is subject to an Insolvency Proceeding, or becomes insolvent, or goes out of business; 
 (i) Accounts for which Bank reasonably determines collection to be doubtful or any Accounts which are unacceptable to Bank for any reason in its
reasonable discretion. 
 “ERISA” is the Employment Retirement Income Security Act of 1974, and its regulations. 

“Events of Default” are set forth in Article 8. 
 “Facility Amount” is Three Million Seven Hundred and Fifty Thousand Dollars ($3,750,000). 
 “Facility Fee” is defined in Section 2.2.2. 
 “Final Maturity Date” is a Maturity Date upon
which no renewal of this Agreement takes place pursuant to the terms and conditions herein. 
 “Finance Charges” is defined
in Section 2.2.3. 
 “Financed Receivables” are all those Eligible Accounts, including their proceeds which Bank
finances and makes an Advance, as set forth in Section 2.1.1. A Financed Receivable stops being a Financed Receivable (but remains Collateral) when the Advance made for the Financed Receivable has been fully paid. 
 “Financed Receivable Balance” is the total outstanding gross face amount, at any time, of any Financed Receivable. 
 “GAAP” is generally accepted accounting principles. 
 “Good Faith Deposit” is defined in Section 2.2.8. 
 “Indebtedness” is
(a) indebtedness for borrowed money or the deferred price of property or services, such as reimbursement and other obligations for surety bonds and letters of credit, (b) obligations evidenced by notes, bonds, debentures or similar
instruments, (c) capital lease obligations and (d) Contingent Obligations. 
 “Insolvency Proceeding” is any
proceeding by or against any Person under the United States Bankruptcy Code, or any other bankruptcy or insolvency law, including assignments for the benefit of creditors, compositions, extensions generally with its creditors, or proceedings seeking
reorganization, arrangement, or other relief. 
 “Investment” is any beneficial ownership of (including stock, partnership
interest or other securities) any Person, or any loan, advance or capital contribution to any Person. 
 “Invoice
Transmittal” shows Eligible Accounts which Bank may finance and, for each such Account, includes the Account Debtor’s, name, address, invoice amount, invoice date and invoice number. 
 “IP Agreement” is a certain Intellectual Property Security Agreement executed and delivered by Borrower to Bank. 
 “Intellectual Property Collateral” is a defined in the IP Agreement. 
 “Lockbox” is defined in Section 2.2.7. 

 “Lien” is a mortgage, lien, deed of trust, charge, pledge, security interest or other
encumbrance. 
 “Loan Documents” are, collectively, this Agreement, any note, or notes or guaranties executed by Borrower,
and any other present or future agreement between Borrower and/or for the benefit of Bank in connection with this Agreement, all as amended, extended or restated. 
 “Material Adverse Change” is: (i) A material impairment in the perfection or priority of Bank’s security interest in the Collateral or in the value of such Collateral; (ii) a material
adverse change in the business, operations, or condition (financial or otherwise) of Borrower; or (iii) a material impairment of the prospect of repayment of any portion of the Obligations. 
 “Maturity Date” is 364 days from the date of this Agreement, and shall be extended automatically on each anniversary of the date of this
Agreement if and only if: (1) all condition precedents under Section 3.2 have been satisfied in full as of such date; and (2) Borrower has paid in full to Bank as of such date the Renewal Fee. 
 “Obligations” are all advances, liabilities, obligations, covenants and duties owing, arising, due or payable by Borrower to Bank now or
later under this Agreement or any other document, instrument or agreement, account (including those acquired by assignment) primary or secondary, such as all Advances, Finance Charges, Facility Fee, Collateral Handling Fee, interest, fees, expenses,
professional fees and attorneys’ fees, or other amounts now or hereafter owing by Borrower to Bank. 
 “Permitted
Indebtedness” is: 
 (a) Borrower’s indebtedness to Bank under this Agreement or the Loan Documents; 
 (b) Subordinated Debt; 
 (c) Indebtedness to
trade creditors incurred in the ordinary course of business; and 
 (d) Indebtedness secured by Permitted Liens. 
 “Permitted Investments” are: (i) marketable direct obligations issued or unconditionally guaranteed by the United States or its
agency or any state maturing within 1 year from its acquisition, (ii) commercial paper maturing no more than 1 year after its creation and having the highest rating from either Standard & Poor’s Corporation or Moody’s
Investors Service, Inc., (iii) Bank’s certificates of deposit issued maturing no more than 1 year after issue, (iv) any other investments administered through Bank. 
 “Permitted Liens” are: 
 (a) Liens
arising under this Agreement or other Loan Documents; 
 (b) Liens for taxes, fees, assessments or other government charges or levies, either
not delinquent or being contested in good faith and for which Borrower maintains adequate reserves on its Books, if they have no priority over any of Bank’s security interests; 
 (c) Purchase money Liens (i) on equipment acquired or held by Borrower incurred for financing the acquisition of the equipment, or
(ii) existing on equipment when acquired, if the Lien is confined to the property and improvements and the proceeds of the equipment; 
 (d) Leases or subleases and non-exclusive licenses or sublicenses granted in the ordinary course of Borrower’s business, if the leases, subleases, licenses and sublicenses permit granting Bank a security interest; 

 (e) Liens incurred in the extension, renewal or refinancing of the indebtedness secured by Liens
described in (a) through (d), but any extension, renewal or replacement Lien must be limited to the property encumbered by the existing Lien and the principal amount of the indebtedness may not increase. 
 “Person” is any individual, sole proprietorship, partnership, limited liability company, joint venture, company, trust, unincorporated
organization, association, corporation, institution, public benefit corporation, firm, joint stock company, estate, entity or government agency. 
 “Prime Rate” is the greater of (i) four percent (4%) or (ii) Bank’s most recently announced “prime rate,” even if it is not Bank’s lowest rate. 
 “Quick Assets” is, on any date, Borrower’s unrestricted cash, cash equivalents, net accounts receivable and investments with
maturities of fewer than 12 months determined according to GAAP. 
 “Reconciliation Day” is the last calendar day of each
month. 
 “Reconciliation Period” is each calendar month. 
 “Responsible Officer” is each of the Chief Executive Officer, President, Chief Financial Officer and Controller of Borrower. 

“Subordinated Debt” is debt incurred by Borrower subordinated to Borrower’s debt to Bank (pursuant to a subordination agreement
entered into between Bank, Borrower and the subordinated creditor), on terms acceptable to Bank. 
 “Subordinated
Notes” means, collectively, each of: (1) those certain four New Investor Promissory Notes, dated as of December 10, 2004, made by Borrower in favor of Dan O’Donnell, Andrew Keery, Steve Ernst, andRobert Hoult in
an aggregate principal amount of $801,900.00, (2) that certain New Seller Promissory Note, dated as of October 27, 2004, made by Borrower in favor of Dan O’Donnell, in a principal amount of $129,104.00, and (3) that certain
Existing Investor Promissory Note, dated as of January 1, 2004, made by Borrower in favor of Triumph Capital, in a principal amount of $217,267.18. 
 “Subsidiary” is any Person, corporation, partnership, limited liability company, joint venture, or any other business entity of which more than 50% of the voting stock or other equity interests is
owned or controlled, directly or indirectly, by the Person or one or more Affiliates of the Person. 
 “Total Liabilities”
is on any day, obligations that should, under GAAP, be classified as liabilities on Borrower’s consolidated balance sheet, including all Indebtedness, and current portion of Subordinated Debt permitted by Bank to be paid by Borrower, but
excluding all other Subordinated Debt. 
 [ Remainder of Page Intentionally Left Blank ] 

 IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed as a sealed instrument
under the laws of the State of California as of the date first above written. 
  

			
	BORROWER:
	
	WALNUT VENTURES, INC.
		
	By	 	/s/ Gary W. Bogatay, Jr.
	Name:	 	Gary W. Bogatay, Jr.
	Title:	 	CFO – Sec./Treasurer

			
	
	CORPORATE CONSULTING SERVICES, INC.
		
	By	 	/s/ Gary W. Bogatay, Jr.
	Name:	 	Gary W. Bogatay, Jr.
	Title:	 	CFO – Sec./Treasurer

			
	
	INTERSEARCH GROUP, INC.
		
	By	 	/s/ Gary W. Bogatay, Jr.
	Name:	 	Gary W. Bogatay, Jr.
	Title:	 	CFO – Sec./Treasurer

			
	
	BANK:
	
	SILICON VALLEY BANK
		
	By	 	/s/ Kim Grossler
	Name:	 	Kim Grossler
	Title:	 	Relationship Manager

 Disclosure Schedule to Loan and Security Agreement 
 The exact correct corporate name of Borrower is (attach a copy of the formation documents, e.g., articles, partnership agreement):_______________________

 Borrower’s State of formation: ______________________________ 
 Borrower has operated under only the following other names (if none, so state):_______________________________ 
 All other address at which the
Borrower does business are as follows (attach additional sheets if necessary and include all warehouse addresses): 
 ___________________________________________________________________________________________________________ 
 Borrower has deposit accounts and/or
investment accounts located only at the following institutions: 
 ____________________________________________________________________________________________________________ 
 List Acct. Numbers: 
 ____________________________________________________________________________________________________________ 
 Liens existing on the Effective Date and disclosed to and accepted by Bank in writing: 
 ____________________________________________________________________________________________________________ 
 ____________________________________________________________________________________________________________ 
 ____________________________________________________________________________________________________________ 
 Investments existing on the
Effective Date and disclosed to and accepted by Bank in writing: 
 ___________________________________________________________________________________________________________ 
 ____________________________________________________________________________________________________________ 
 ____________________________________________________________________________________________________________ 
 Subordinated Debt:

 Indebtedness on the Effective Date and disclosed to and consented to by Bank in writing: 
 ____________________________________________________________________________________________________________ 
 ____________________________________________________________________________________________________________ 
 ____________________________________________________________________________________________________________ 

 Borrower is not subject to litigation which would have a material adverse effect on the Borrower’s financial
condition, except the following (attach additional comments, if needed): 
 ____________________________________________________________________________________________________________ 
 ____________________________________________________________________________ 
 Tax ID Number _______________________________ 
 Organizational Number, if any:_______________________________ 

 EXHIBIT A 
 The Collateral consists of all of Borrower’s right, title and interest in and to the following: 
 All
goods, equipment, inventory, contract rights or rights to payment of money, leases, license agreements, franchise agreements, general intangibles (including payment intangibles), accounts (including health-care receivables), documents, instruments
(including any promissory notes), chattel paper (whether tangible or electronic), cash, deposit accounts, fixtures, letters of credit rights (whether or not the letter of credit is evidenced by a writing), commercial tort claims, securities, and all
other investment property, supporting obligations, and financial assets, whether now owned or hereafter acquired, wherever located; and 
 Any copyright rights, copyright applications, copyright registrations and like protections in each work of authorship and derivative work, whether published or unpublished, now owned or later acquired; any patents, trademarks, service marks
and applications therefor; trade styles, trade names, any trade secret rights, including any rights to unpatented inventions, know-how, operating manuals, license rights and agreements and confidential information, now owned or hereafter acquired;
or any claims for damages by way of any past, present and future infringement of any of the foregoing; and 
 All Borrower’s books
relating to the foregoing and any and all claims, rights and interests in any of the above and all substitutions for, additions, attachments, accessories, accessions and improvements to and replacements, products, proceeds and insurance proceeds of
any or all of the foregoing. 
 Notwithstanding the foregoing, the Collateral shall not be deemed to include any copyrights, copyright
applications, copyright registration and like protection in each work of authorship and derivative work thereof, whether published or unpublished, now owned or hereafter acquired; any patents, patent applications and like protections including
without limitation improvements, divisions, continuations, renewals, reissues, extensions and continuations-in-part of the same, trademarks, servicemarks and applications therefore, whether registered or not, and the goodwill of the business of
Borrower connected with and symbolized by such trademarks, any trade secret rights, including any rights to unpatented inventions, know-how, operating manuals, license rights and agreements and confidential information, now owned or hereafter
acquired; or any claims for damage by way of any past, present and future infringement of any of the foregoing (collectively, the “Intellectual Property”), except that the Collateral shall include the proceeds of all the Intellectual
Property that are accounts, (i.e. accounts receivable) of Borrower, or general intangibles consisting of rights to payment, if a judicial authority (including a U.S. Bankruptcy Court) holds that a security interest in the underlying Intellectual
Property is necessary to have a security interest in such accounts and general intangibles of Borrower that are proceeds of the Intellectual Property, then the Collateral shall automatically, and effective as of the Effective Date, include the
Intellectual Property to the extent necessary to permit perfection of Bank’s security interest in such accounts and general intangibles of Borrower that are proceeds of the Intellectual Property. 

 EXHIBIT B 
 

 
 SILICON VALLEY BANK 
 Compliance Certificate 
 I, as authorized officer of [ WALNUT VENTURES, INC. / CORPORATE
CONSULTING SERVICES, INC. / INTERSEARCH GROUP, INC. ], (“Borrower”) certify under the Loan and Security Agreement (the “Agreement”) between Borrower and Silicon Valley Bank (“Bank”) as follows (all capitalized terms
used herein shall have the meaning set forth in the Agreement): 
 Borrower represents and warrants for each Financed Receivable: 
 Each Financed Receivable is an Eligible Account. 
 Borrower is the owner with
legal right to sell, transfer, assign and encumber such Financed Receivable; 
 The correct amount is on the Invoice Transmittal and is not disputed;

 Payment is not contingent on any obligation or contract and Borrower has fulfilled all its obligations as of the Invoice Transmittal date; 
 Each Financed Receivable is based on an actual sale and delivery of goods and/or services rendered, is due to Borrower, is not past due or in default, has not been
previously sold, assigned, transferred, or pledged and is free of any liens, security interests and encumbrances other than Permitted Liens; 
 There are no
defenses, offsets, counterclaims or agreements for which the Account Debtor may claim any deduction or discount; 
 It reasonably believes no Account Debtor
is insolvent or subject to any Insolvency Proceedings; 
 It has not filed or had filed against it Insolvency Proceedings and does not anticipate any filing;

 Bank has the right to endorse and/ or require Borrower to endorse all payments received on Financed Receivables and all proceeds of Collateral.

 No representation, warranty or other statement of Borrower in any certificate or written statement given to Bank contains any untrue statement of a
material fact or omits to state a material fact necessary to make the statement contained in the certificates or statement not misleading. 
 Additionally, Borrower represents and warrants as follows: 
 Borrower and each Subsidiary is duly existing and in good standing in its state
of formation and qualified and licensed to do business in, and in good standing in, any state in which the conduct of its business or its ownership of property requires that it be qualified except where the failure to do so could not reasonably be
expected to cause a Material Adverse Change. The execution, delivery and performance of the Loan Documents have been duly authorized, and do not conflict with Borrower’s organizational documents, nor constitute an event of default under any
material agreement by which Borrower is bound. Borrower is not in default under any agreement to which or by which it is bound in which the default could reasonably be expected to cause a Material Adverse Change. 

 Borrower has good title to the Collateral, free of Liens except Permitted Liens. All inventory is in all material
respects of good and marketable quality, free from material defects. 
 Borrower is not an “investment company” or a company “controlled”
by an “investment company” under the Investment Company Act. Borrower is not engaged as one of its important activities in extending credit for margin stock (under Regulations X, T and U of the Federal Reserve Board of Governors). Borrower
has complied in all material respects with the Federal Fair Labor Standards Act. Borrower has not violated any laws, ordinances or rules, the violation of which could reasonably be expected to cause a Material Adverse Change. None of Borrower’s
or any Subsidiary’s properties or assets has been used by Borrower or any Subsidiary or, to the best of Borrower’s knowledge, by previous Persons, in disposing, producing, storing, treating, or transporting any hazardous substance other
than legally. Borrower and each Subsidiary has timely filed all required tax returns and paid, or made adequate provision to pay, all material taxes, except those being contested in good faith with adequate reserves under GAAP. Borrower and each
Subsidiary has obtained all consents, approvals and authorizations of, made all declarations or filings with, and given all notices to, all government authorities that are necessary to continue its business as currently conducted except where the
failure to obtain or make such consents, declarations, notices or filings would not reasonably be expected to cause a Material Adverse Change. 
 All
representations and warranties in the Agreement are true and correct in all material respects on this date, and the Borrower represents that there is no existing Event of Default. 
  

	
	
	Sincerely,
	
	Gary W. Bogatay, Jr.
	Signature
	
	Title    CFO – Sec/Treasurer
	
	Date    10/10/04

 EXHIBIT C 
 

 
 SILICON VALLEY BANK 
 Joint and Several Borrower Rider 
 [ Please See Attached ] 

 EXHIBIT D 
 

 
 SILICON VALLEY BANK 
 SECRETARY’S CERTIFICATE OF RESOLUTION 
 I, as Secretary of WALNUT VENTURES, INC. / CORPORATE
CONSULTING SERVICES, INC. / INTERSEARCH GROUP, INC., a Nevada/Nevada/Florida corporation, respectively (collectively, the “Corporation”), certify that at a meeting duly convened at which a quorum was present the following resolutions
were adopted by the Board of Directors of the Corporation and that these resolutions have not been modified, amended, or rescinded and remain effective as of today’s date. 
 It is resolved that any one of the following officers of the Corporation, whose name, title and signature is below: 
  

									
	 NAME
	  	 	  	 TITLE
	  	 	  	 SIGNATURE

					
	Daniel M. O’Donnell	  		  	Chief Executive Officer	  		  	/s/ Daniel M. O’Donnell
					
	Gary W. Bogatay, Jr.	  		  	Chief Financial Officer	  		  	/s/ Gary W. Bogatay, Jr.
					
	  	  		  	  	  		  	  

 may act for Borrower and: 
 Sell the corporation’s accounts receivable to Bank 
 Borrow money from Bank 
 Grant to Bank a security interest in any of the corporation’s assets 
 Execute and deliver certain agreements in connection with the sale of receivables, and granting of security interests. 
 Designate other individuals to request advances, pay fees and costs and execute other documents or agreements (including documents or agreement that waive the Corporation’s right to a jury trial) they think
necessary to effectuate these Resolutions. 
 Further resolved that all acts authorized by these Resolutions and performed before they were adopted
are ratified. These Resolutions remain in effect and Bank may rely on them until Bank receives written notice of their revocation. 
 I certify that
the persons listed above are the Corporation’s officers with the titles and signatures shown following their names and that these resolutions have not been modified are currently effective. 

					
	X /s/ Daniel O’Donnell	  		  	12/20/04
			
	*Secretary or Assistant Secretary	  		  	Date
			
	X Gary W. Bogatay, Jr.    12/10/04	  		  	

  

	*	If the certifying officer is designated as a signer in these resolutions then another corporate officer must also sign. 

 LOAN MODIFICATION AGREEMENT 
 This Loan Modification Agreement is entered into as of April 5, 2005 by and among Walnut Ventures, Inc. (“Walnut”), Corporate Consulting Services, Inc. (“CCS”), Intersearch Group, Inc.
(“Intersearch”), La Jolla Internet Properties, Inc. (“La Jolla”) and Silicon Valley Bank (“Bank”). 
 A.
Whereas, Bank has heretofore made a loan to Walnut, CCS and Intersearch pursuant to, among other documents, a Loan and Security Agreement, dated December 10, 2004 (as may be amended, restated, or otherwise modified from time to time, the
“Loan Agreement”). The Loan Agreement provided for, among other things, a Facility Amount in the original principal amount of Three Million Seven Hundred Fifty Thousand Dollars ($3,750,000). Defined terms used but not otherwise defined
herein shall have the same meanings as in the Loan Agreement. 
 Whereas, all indebtedness owing by Borrower to Bank shall be referred to as the
“Indebtedness.” 
 Whereas, repayment of the Indebtedness is secured by the Collateral as described in the Loan Agreement. 
 Whereas, the above-described security documents and guaranties, together with all other documents securing repayment of the Indebtedness shall be referred to as the
“Security Documents”. Hereinafter, the Security Documents, together with all other documents evidencing or securing the Indebtedness shall be referred to as the “Loan Documents”. 
 B. Whereas, La Jolla desires to assume the obligations of Walnut, CCS and Intersearch under the Loan Documents, jointly and severally with Walnut, CCS
and Intersearch. 
 NOW, THEREFORE, the parties hereto agree as follows: 
 1. Assumption. La Jolla hereby assumes and agrees to pay and perform when due all present and future indebtedness, liabilities and obligations of
Walnut, CCS and Intersearch, jointly and severally with Walnut, CCS and Intersearch under, based upon, or arising out of the Loan Documents and instruments and agreements relating thereto. La Jolla agrees to honor, perform and comply with, in all
respects, all terms and provisions of all of the Loan Documents, to the same extent as though La Jolla were named therein jointly and severally with Walnut, CCS and Intersearch. All references in the Loan Documents to “Borrower” shall be
deemed to refer to La Jolla, Walnut, CCS and Intersearch, jointly and severally. Furthermore, all present and future obligations of Walnut, CCS and Intersearch shall be deemed to refer to all present and future obligations of La Jolla, Walnut, CCS
and Intersearch, jointly and severally. 
 2. Obligations. La Jolla acknowledges that the Obligations are due and owing to Bank from
Walnut, CCS and Intersearch, and upon the execution of this Loan Modification Agreement are due and owing from La Jolla, Walnut, CCS and Intersearch jointly and severally, without any defense, offset or counterclaim of any kind or nature whatsoever
as of the date hereof. 
 3. Representations and Warranties. La Jolla hereby represents and warrants to Bank that all representations
and warranties in the Loan Documents made on the part of Walnut, CCS and Intersearch are true and correct on the date hereof with respect to La Jolla, with the same force and effect as if La Jolla were named as the borrower in the Loan Documents
jointly and severally with Walnut, CCS and Intersearch. 
 C. GRANT OF SECURITY INTEREST. 
 La Jolla hereby grants to Bank a continuing security in all of its assets as described more particularly on Exhibit “A” to the Loan Agreement.

 D. DESCRIPTION OF CHANGE IN TERMS. 
 Modification(s) to Loan Agreement. 
  

 1 

	 	1.	Section 10 entitled “Notices” is hereby amended in its entirety to read as follows: 

 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 Borrower or to
Bank, as the case may be, at its addresses set forth below: 
 If to Borrower: 
 Walnut Ventures, Inc. 
 250 Montgomery Street
Suite 1200 
 San Francisco, CA 94104 
 Attn: Gary Bogatay 
 FAX: 415-869-5403 
 and 
 Corporate Consulting Services, Inc. 
 250 Montgomery Street Suite 1200 
 San
Francisco, CA 94104 
 Attn: Gary Bogatay 
 FAX: 415-869-5403 
 and 
 Intersearch Group, Inc. 
 250 Montgomery Street Suite 1200 
 San Francisco, CA 94104 
 Attn: Gary
Bogatay 
 FAX: 415-869-5403 
 and 
 La Jolla Internet Properties, Inc. 
 250 Montgomery Street Suite 1200 
 San Francisco, CA 94104 
 Attn: Gary Bogatay 
 FAX:
415-869-5403 
 If to Bank: 
 Silicon Valley Bank 
 3003 Tasman Drive 
 Santa Clara, CA 95054-1191 
 Attn:
                                     
 FAX:
                         
  

 2 

 Subrogation and Similar Rights. 
 Notwithstanding any other provision of this Agreement or any other Loan Document, until payment to Bank in full and performance of all Obligations, 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 10 shall be null and void. If any payment is made to a Borrower in contravention of this Section 10, 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. 
 Waivers of Notice. 
 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. Each Borrower hereby waives any right to assert against Bank any defense (legal or equitable), setoff,
counterclaim, or claims that such Borrower individually may now or hereafter have against another Borrower or any other Person liable to Borrower with respect to the Obligations in any manner or whatsoever until the Obligations are paid in full to
Bank. 
 Subrogation Defenses. 
 Each Borrower waives the benefits, if any, of any statutory or common law rule that may permit a borrower to assert any defenses of a surety or guarantor, or that may give a borrower the right to require a senior
creditor to marshal assets, and Borrower agrees that it shall not assert any such defenses or rights. 
 Right to Settle,
Release. 
 (a) The liability of Borrower 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, or rights, if any, which Borrower may now or hereafter have against any
other Person, including another Borrower, or property with respect to any of the Obligations. 
  

 3 

 (b) Without notice to any Borrower and 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. 
 5. General Provisions. This Agreement
and the Loan Documents set forth in full all of the representations and agreements of the parties with respect to the subject matter hereof. All agreements, covenants, representations and warranties, expressed or implied, oral and written, of the
parties with regard to the subject matter hereof are contained herein and in the Loan Documents. No other agreements, covenants, representations or warranties, express or implied, oral or written, have been made by either party to the other with
respect to the subject matter of this Agreement. All prior and contemporaneous conversations, negotiations, possible and alleged agreements and representation, covenants, and warranties with respect to the subject matter hereof are waived, merged
herein and therein and superseded hereby and thereby. This Loan Modification Agreement may not be modified or amended, nor may any rights hereunder be waived, except in a writing signed by the parties hereto. Without limiting the terms of the Loan
Documents, La Jolla shall reimburse Bank for all costs, fees and expenses incurred by Bank in connection with the negotiations, preparation and conclusion of, and the enforcement of Bank’s rights and remedies under, this Agreement, any
amendment hereof, and any agreements and documents relating hereto, including, but not limited to, reasonable attorneys’ fees, and all other costs, fees and expenses. La Jolla agrees to cooperate fully with Bank and take all further actions and
execute all further documents from time to time as Bank may deem necessary or advisable to carry out the purposes of this Agreement. 
 6.
Countersignature. This Loan Modification Agreement shall become effective only when it shall have been executed by La Jolla, Walnut, CCS, Intersearch and Bank. 
 IN WITNESS WHEREOF, the parties hereto have executed this Loan Modification Agreement as of the date first above written. 
  

									
	 BORROWER:
 WALNUT VENTURES,
INC.
	 		 	 BANK:
 SILICON VALLEY
BANK

					
	By:	 	/s/  Gary W. Bogatay, Jr.	 		 	By:	 	/s/  Brett Maver
	Name:	 	Gary W. Bogatay, Jr.	 		 	Name:	 	Brett Maver
	Title:	 	CFO/Secretary	 		 	Title:	 	Vice President
			
	CORPORATE CONSULTING SERVICES, INC.	 		 	
					
	By:	 	/s/  Gary W. Bogatay, Jr.	 		 		 	
	Name:	 	Gary W. Bogatay, Jr.	 		 		 	
	Title:	 	CFO/Secretary	 		 		 	

  

 4 

			
	INTERSEARCH GROUP, INC.
		
	By:	 	/s/  Gary W. Bogatay, Jr.
	Name:	 	Gary W. Bogatay, Jr.
	Title:	 	CFO/Secretary
	
	LA JOLLA INTERNET PROPERTIES, INC.
		
	By:	 	/s/  Gary W. Bogatay, Jr.
	Name:	 	Gary W. Bogatay, Jr.
	Title:	 	CFO/Secretary

  

 5 

 CORPORATE BORROWING RESOLUTION 
  

			
	Borrower: La Jolla Internet Properties, Inc.	  	Bank: Silicon Valley Bank

 the Secretary or Assistant Secretary of La Jolla Internet Properties, Inc. (“Borrower”), certify
that Borrower is a corporation existing under the laws of the State of Nevada. 
 I certify that at a meeting of Borrower’s Directors (or by
other authorized corporate action) duly held the following resolutions were adopted. 
 It is resolved that any one of the following officers of
Borrower, whose name, title and signature is below: 
  

					
	 NAME
	  	 TITLE
	  	 SIGNATURE

			
	 Gary Bogatay, Jr.
	  	CFO/Secretary	  	/s/  Gary W. Bogatay, Jr.
			
		  		  	
			
		  		  	
			
		  		  	

 may act for Borrower and: 
 Borrow Money/Sell Accounts Receivable. Borrow money from Silicon Valley Bank (“Bank”) and, or sell Borrower’s accounts receivable to Bank. 
 Execute Loan Documents. Execute any loan documents Bank requires. 
 Grant Security. Grant Bank a security
interest in any of Borrower’s assets. 
 Negotiate Items. Negotiate or discount all drafts, trade acceptances, promissory notes, or other
indebtedness in which Borrower has an interest and receive cash or otherwise use the proceeds. 
 Letters of Credit. Apply for letters of credit from
Bank. 
 Foreign Exchange Contracts. Execute spot or forward foreign exchange contracts. 
 Issue Warrants. Issue warrants for Borrower’s stock. 
 Further Acts. Designate other individuals to request advances, pay fees and costs and execute other documents or agreements (including documents or agreement that waive Borrowers right to a jury trial) they think necessary to
effectuate these Resolutions. 
 Further resolved that all acts authorized by these Resolutions and performed before they were adopted are ratified.
These Resolutions remain in effect and Bank may rely on them until Bank receives written notice of their revocation. 
 I certify that the persons
listed above are Borrower’s officers with the titles and signatures shown following their names and that these resolutions have not been modified are currently effective. 

					
	X    /s/  Gary W. Bogatay,
Jr.                                       
 	  		  	4/18/05                                    
        
			
	*Secretary or Assistant Secretary	  		  	Date
			
	X___________________________________________________	  		  	

  

	*	If the certifying officer is designated as a signer in these resolutions then another corporate officer must also sign. 

 SECOND AMENDMENT TO 
 AND ASSUMPTION 
 OF 
 LOAN AND SECURITY AGREEMENT 
 This SECOND
AMENDMENT TO AND ASSUMPTION OF Loan and Security Agreement (this “Amendment”) is entered into this 15th day of December, 2005, by and among Silicon Valley Bank (“Bank”) and Walnut Ventures, Inc, a Nevada corporation (“Walnut”), Corporate Consulting Services, Inc., a Nevada Corporation (“CCS”), Intersearch
Group, Inc, a Florida corporation (“Intersearch”) and La Jolla Internet Properties, Inc., a Nevada corporation “(La Jolla”) whose address is 250 Montgomery Street, Suite 1200, San Francisco, CA 94104 and Internet Revenue
Services, Inc., a Nevada corporation (“IRS”). (Walnut, CCS, Intersearch and La Jolla are collectively referred to as “Original Borrower”) (IRS, together with Original Borrower, collectively and severally, “Borrower”).

 RECITALS 
 A. Bank and Original Borrower have entered into that certain Loan and Security Agreement dated as of December 10, 2004, as amended by that certain Loan Modification by and between Bank and Original
Borrower dated as of April 5, 2005 (as the same may from time to time be further amended, modified, supplemented or restated, the “Loan Agreement”). Bank has extended credit to Original Borrower for the purposes permitted in
the Loan Agreement. 
 B. Whereas, IRS desires to assume the obligations of Original Borrower under the Loan Documents, jointly and
severally with Original Borrower (the “Transaction”). 
 C. In addition, Original Borrower and IRS further request that Bank
amend the Loan Agreement to extend the Maturity Date. 
 E. Bank has agreed to give its written consent to the Transaction and to so
amend certain provisions of the Loan Agreement, but only to the extent, in accordance with the terms, subject to the conditions and in reliance upon the representations and warranties set forth below. 
 AGREEMENT 
 NOW, THEREFORE, in consideration of the foregoing recitals and other good and valuable consideration, the receipt and adequacy of which is hereby acknowledged, and intending to be legally bound, the
parties hereto agree as follows: 
 1. Definitions. Capitalized terms used but not defined in this Amendment shall have the meanings
given to them in the Loan Agreement. 

 2. Assumption. 
 IRS hereby assumes and agrees to pay and perform when due all present and future Obligations, jointly and severally with Original Borrower under, based upon, or arising out of the Loan Documents and instruments and
agreements relating thereto. IRS agrees to honor, perform and comply with, in all respects, all terms and provisions of all of the Loan Documents, to the same extent as though IRS were named therein jointly and severally with Original Borrower. All
references in the Loan Documents to “Borrower” shall be deemed to refer to IRS and Original Borrower, jointly and severally. 
 IRS
acknowledges that the Obligations are due and owing to Bank from Original Borrower, and upon the execution of this Amendment are due and owing from IRS and Original Borrower, jointly and severally, without any defense, offset or counterclaim of any
kind or nature whatsoever. 
 3. Amendments to Loan Agreement. 
 3.1 Section 10 entitled “Notices” is here by amended in part to include the following under “If to Borrower”: 

Internet Revenue Services, Inc. 
 250 Montgomery Street, Suite 1200 
 San Francisco, CA 94104 
 3.2 Section 13 (Definitions). The following term and its respective definition set forth in Section 13.1 is amended in its
entirety and replaced with the following: 
 “Maturity Date” is March 7, 2006. 
 4. Limitation of Amendments. 
 4.1
The amendments set forth in Section 3, above, are effective for the purposes set forth herein and shall be limited precisely as written and shall not be deemed to (a) be a consent to any amendment, waiver or modification of any
other term or condition of any Loan Document, or (b) otherwise prejudice any right or remedy which Bank may now have or may have in the future under or in connection with any Loan Document. 
 4.2 This Amendment shall be construed in connection with and as part of the Loan Documents and all terms, conditions, representations, warranties,
covenants and agreements set forth in the Loan Documents, except as herein amended, are hereby ratified and confirmed and shall remain in full force and effect. 

 5. Representations and Warranties. To induce Bank to enter into this Amendment, Borrower hereby
represents and warrants to Bank as follows: 
 5.1 Immediately after giving effect to this Amendment (a) the representations and
warranties contained in the Loan Documents are true, accurate and complete in all material respects as of the date hereof (except to the extent such representations and warranties relate to an earlier date, in which case they are true and correct as
of such date), and (b) no Event of Default has occurred and is continuing; 
 5.2 Borrower has the power and authority to execute
and deliver this Amendment and to perform its obligations under the Loan Agreement, as amended by this Amendment; 
 5.3 The
organizational documents of Original Borrower delivered to Bank on the December 10, 2004 and the organizational documents of IRS delivered to Bank immediately prior to the execution of this Amendment remain true, accurate and complete
and have not been amended, supplemented or restated and are and continue to be in full force and effect; 
 5.4 The execution and
delivery by Borrower of this Amendment and the performance by Borrower of its obligations under the Loan Agreement, as amended by this Amendment, have been duly authorized by all necessary action on the part of Borrower; 
 5.5 The execution and delivery by Borrower of this Amendment and the performance by Borrower of its obligations under the Loan Agreement, as
amended by this Amendment, do not and will not contravene (a) any law or regulation binding on or affecting Borrower, (b) any contractual restriction with a Person binding on Borrower, (c) any order, judgment or decree of any court or
other governmental or public body or authority, or subdivision thereof, binding on Borrower, or (d) the organizational documents of Borrower; 
 5.6 The execution and delivery by Borrower of this Amendment and the performance by Borrower of its obligations under the Loan Agreement, as amended by this Amendment, do not require any order, consent, approval, license,
authorization or validation of, or filing, recording or registration with, or exemption by any governmental or public body or authority, or subdivision thereof, binding on either Borrower, except as already has been obtained or made; and 

5.7 This Amendment has been duly executed and delivered by Borrower and is the binding obligation of Borrower, enforceable against Borrower in
accordance with its terms, except as such enforceability may be limited by bankruptcy, insolvency, reorganization, liquidation, moratorium or other similar laws of general application and equitable principles relating to or affecting creditors’
rights. 
 6. Counterparts. This Amendment may be executed in any number of counterparts and all of such counterparts taken together
shall be deemed to constitute one and the same instrument. 

 7. Effectiveness. This Amendment shall be deemed effective upon (a) the due execution and delivery
to Bank of this Amendment by each party hereto and (b) Borrower’s payment of an amendment fee in an amount equal to $3,750. 
 8.
Governing Law. This Amendment and the rights and obligations of the parties hereto shall be governed by and construed in accordance with the laws of the State of California. 
 [Signature page follows.] 

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

							
	BANK	  	BORROWER
		
	Silicon Valley Bank	  	Walnut Ventures, Inc.
				
	By:	 	 /s/ Kim Crosslin
	  	By:	 	 /s/ Gary W. Bogatay, Jr.

	Name:	 	Kim Crosslin	  	Name:	 	Gary W. Bogatay, Jr.
	Title:	 	Relationship Manager	  	Title:	 	Secretary
			
		 		  	Corporate Consulting Services, Inc.
				
		 		  	By:	 	 /s/ Gary W. Bogatay, Jr.

		 		  	Name:	 	Gary W. Bogatay, Jr.
		 		  	Title:	 	Secretary
			
		 		  	Intersearch Group, Inc.
				
		 		  	By:	 	 /s/ Gary W. Bogatay, Jr.

		 		  	Name:	 	Gary W. Bogatay, Jr.
		 		  	Title:	 	Secretary
			
		 		  	La Jolla Internet Properties, Inc.
				
		 		  	By:	 	 /s/ Gary W. Bogatay, Jr.

		 		  	Name:	 	Gary W. Bogatay, Jr.
		 		  	Title:	 	Secretary
			
		 		  	Internet Revenue Services, Inc.
				
		 		  	By:	 	 /s/ Gary W. Bogatay, Jr.

		 		  	Name:	 	Gary W. Bogatay, Jr.
		 		  	Title:	 	Secretary

 THIRD AMENDMENT 
 TO 
 LOAN AND SECURITY AGREEMENT 
 THIS THIRD AMENDMENT to Loan and Security Agreement (this “Amendment”) is entered
into this 15th day of March, 2006, by and among Silicon Valley Bank (“Bank”) and Walnut Ventures, Inc. a
Nevada corporation (“Walnut”), Corporate Consulting Services, Inc. a Nevada corporation (“CCS”), Intersearch Group, Inc. a Florida corporation (“Intersearch”), La Jolla Internet Properties, Inc. a Nevada corporation
(“La Jolla”) and Internet Revenue Services, Inc., a Nevada corporation (“IRS”) (Walnut, CCS, Intersearch, La Jolla and IRS are collectively and severally, “Borrower”) whose address is 250 Montgomery Street, Suite 1200,
San Francisco, CA 94104. 
 RECITALS 
 A. Bank and Borrower have entered into that certain Loan and Security Agreement dated as of December 10, 2004, as amended by that certain Loan Modification by and between Bank and Borrower dated as of
April 5, 2005 and as further amended by that certain Second Amendment and Assumption to Loan and Security Agreement by and between Bank and Borrower dated as of December 15, 2005 (as the same may from time to time be further amended,
modified, supplemented or restated, the “Loan Agreement”). 
 B. Bank has extended credit to Borrower for the purposes
permitted in the Loan Agreement. 
 C. Borrower has requested that Bank amend the Loan Agreement to extend the Maturity Date.

 D. Bank has agreed to so amend certain provisions of the Loan Agreement, but only to the extent, in accordance with the terms,
subject to the conditions and in reliance upon the representations and warranties set forth below. 
 AGREEMENT

 NOW, THEREFORE, in consideration of the foregoing recitals and other good and valuable
consideration, the receipt and adequacy of which is hereby acknowledged, and intending to be legally bound, the parties hereto agree as follows: 
 1. Definitions. Capitalized terms used but not defined in this Amendment shall have the meanings given to them in the Loan Agreement. 

 2. Amendment to Loan Agreement. 
 2.1 Section 13 (Definitions). The following term and its respective definition set forth in Section 13.1 is
amended in its entirety and replaced with the following: 
 “Maturity Date” April 6, 2006. 

3. Limitation of Amendment. 
 3.1 The amendments set forth in Section 2, above, is effective for the purposes set forth herein and shall be limited precisely as written and shall not be deemed to (a) be a consent to any amendment, waiver or
modification of any other term or condition of any Loan Document, or (b) otherwise prejudice any right or remedy which Bank may now have or may have in the future under or in connection with any Loan Document. 
 3.2 This Amendment shall be construed in connection with and as part of the Loan Documents and all terms, conditions, representations, warranties,
covenants and agreements set forth in the Loan Documents, except as herein amended, are hereby ratified and confirmed and shall remain in full force and effect. 
 4. Representations and Warranties. To induce Bank to enter into this Amendment, Borrower hereby represents and warrants to Bank as follows: 
 4.1 Immediately after giving effect to this Amendment (a) the representations and warranties contained in the Loan Documents are true,
accurate and complete in all material respects as of the date hereof (except to the extent such representations and warranties relate to an earlier date, in which case they are true and correct as of such date), and (b) no Event of Default has
occurred and is continuing; 
 4.2 Borrower has the power and authority to execute and deliver this Amendment and to perform its
obligations under the Loan Agreement, as amended by this Amendment; 
 4.3 The organizational documents of Borrower delivered to Bank
on December 10, 2004 and December 15, 2005 remain true, accurate and complete and have not been amended, supplemented or restated and are and continue to be in full force and effect; 
 4.4 The execution and delivery by Borrower of this Amendment and the performance by Borrower of its obligations under the Loan Agreement, as
amended by this Amendment, have been duly authorized; 
 4.5 The execution and delivery by Borrower of this Amendment and the
performance by Borrower of its obligations under the Loan Agreement, as amended by this Amendment, do not and will not contravene (a) any law or regulation binding on or 

 
affecting Borrower, (b) any contractual restriction with a Person binding on Borrower, (c) any order, judgment or decree of any court or other
governmental or public body or authority, or subdivision thereof, binding on Borrower, or (d) the organizational documents of Borrower; 
 4.6 The execution and delivery by Borrower of this Amendment and the performance by Borrower of its obligations under the Loan Agreement, as amended by this Amendment, do not require any order, consent, approval, license,
authorization or validation of, or filing, recording or registration with, or exemption by any governmental or public body or authority, or subdivision thereof, binding on either Borrower, except as already has been obtained or made; and 

4.7 This Amendment has been duly executed and delivered by Borrower and is the binding obligation of Borrower, enforceable against Borrower in
accordance with its terms, except as such enforceability may be limited by bankruptcy, insolvency, reorganization, liquidation, moratorium or other similar laws of general application and equitable principles relating to or affecting creditors’
rights. 
 5. Counterparts. This Amendment may be executed in any number of counterparts and all of such counterparts taken together
shall be deemed to constitute one and the same instrument. 
 6. Effectiveness. This Amendment shall be deemed effective as of
March 7, 2006 upon (a) the due execution and delivery to Bank of this Amendment by each party hereto and (b) Borrower’s payment of an amendment fee in an amount equal to $1,250. 
 [Signature page follows.] 

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

									
	BANK	 	 	 	BORROWER
			
	Silicon Valley Bank	 		 	Walnut Ventures, Inc.
					
	By:	 	 /s/ Kim Crosslin
	 		 	By:	 	 /s/ Gary W. Bogatay, Jr.

	Name:	 	Kim Crosslin	 		 	Name:	 	Gary W. Bogatay, Jr.
	Title:	 	Relationship Manager	 		 	Title:	 	CFO
				
		 		 		 	Corporate Consulting Services, Inc.
					
		 		 		 	By:	 	 /s/ Gary W. Bogatay, Jr.

		 		 		 	Name:	 	Gary W. Bogatay, Jr.
		 		 		 	Title:	 	CFO
				
		 		 		 	Intersearch Group, Inc.
					
		 		 		 	By:	 	 /s/ Gary W. Bogatay, Jr.

		 		 		 	Name:	 	Gary W. Bogatay, Jr.
		 		 		 	Title:	 	
				
		 		 		 	La Jolla Internet Properties, Inc.
					
		 		 		 	By:	 	 /s/ Gary W. Bogatay, Jr.

		 		 		 	Name:	 	Gary W. Bogatay, Jr.
		 		 		 	Title:	 	CFO
				
		 		 		 	Internet Revenue Services, Inc.
					
		 		 		 	By:	 	 /s/ Gary W. Bogatay, Jr.

		 		 		 	Name:	 	Gary W. Bogatay, Jr.
		 		 		 	Title:	 	CFO

 FOURTH AMENDMENT 
 TO 
 LOAN AND SECURITY AGREEMENT 
 THIS FOURTH AMENDMENT to Loan and Security Agreement (this “Amendment”) is
entered into this 10th day of April, 2006, by and among Silicon Valley Bank (“Bank”) and Walnut Ventures,
Inc. a Nevada corporation (“Walnut”), Corporate Consulting Services, Inc. a Nevada corporation (“CCS”), Intersearch Group, Inc. a Florida corporation (“Intersearch”), La Jolla Internet Properties, Inc. a Nevada
corporation (“La Jolla”) and Internet Revenue Services, Inc., a Nevada corporation (“IRS”) (Walnut, CCS, Intersearch, La Jolla and IRS are collectively and severally, “Borrower”) whose address is 250 Montgomery Street,
Suite 1200, San Francisco, CA 94104. 
 RECITALS 
 A. Bank and Borrower have entered into that certain Loan and Security Agreement dated as of December 10, 2004, as amended by that certain
Loan Modification by and between Bank and Borrower dated as of April 5, 2005, as amended by that certain Second Amendment and Assumption to Loan and Security Agreement by and between Bank and Borrower dated as of December 15, 2005 and as
further amended by that certain Third Amendment to Loan and Security Agreement by and between Bank and Borrower dated as of March 15, 2006 (as the same may from time to time be further amended, modified, supplemented or restated, the “Loan
Agreement”). 
 B. Bank has extended credit to Borrower for the purposes permitted in the Loan Agreement. 
 C. Borrower has requested that Bank amend the Loan Agreement to extend the Maturity Date. 
 D. Bank has agreed to so amend certain provisions of the Loan Agreement, but only to the extent, in accordance with the terms, subject to the
conditions and in reliance upon the representations and warranties set forth below. 
 AGREEMENT 
 NOW, THEREFORE, in consideration of the foregoing recitals and other good and valuable consideration, the receipt
and adequacy of which is hereby acknowledged, and intending to be legally bound, the parties hereto agree as follows: 
 1.
Definitions. Capitalized terms used but not defined in this Amendment shall have the meanings given to them in the Loan Agreement. 

 2. Amendment to Loan Agreement. 
 2.1 Section 13 (Definitions). The following term and its respective definition set forth in Section 13.1 is amended in its
entirety and replaced with the following: 
 “Maturity Date” June 5, 2006. 
 3. Limitation of Amendment. 
 3.1
The amendments set forth in Section 2, above, is effective for the purposes set forth herein and shall be limited precisely as written and shall not be deemed to (a) be a consent to any amendment, waiver or modification of any
other term or condition of any Loan Document, or (b) otherwise prejudice any right or remedy which Bank may now have or may have in the future under or in connection with any Loan Document. 
 3.2 This Amendment shall be construed in connection with and as part of the Loan Documents and all terms, conditions, representations, warranties,
covenants and agreements set forth in the Loan Documents, except as herein amended, are hereby ratified and confirmed and shall remain in full force and effect. 
 4. Representations and Warranties. To induce Bank to enter into this Amendment, Borrower hereby represents and warrants to Bank as follows: 
 4.1 Immediately after giving effect to this Amendment (a) the representations and warranties contained in the Loan Documents are true,
accurate and complete in all material respects as of the date hereof (except to the extent such representations and warranties relate to an earlier date, in which case they are true and correct as of such date), and (b) no Event of Default has
occurred and is continuing; 
 4.2 Borrower has the power and authority to execute and deliver this Amendment and to perform its
obligations under the Loan Agreement, as amended by this Amendment; 
 4.3 The organizational documents of Borrower delivered to Bank
on December 10, 2004 and December 15, 2005 remain true, accurate and complete and have not been amended, supplemented or restated and are and continue to be in full force and effect; 
 4.4 The execution and delivery by Borrower of this Amendment and the performance by Borrower of its obligations under the Loan Agreement, as
amended by this Amendment, have been duly authorized; 
 4.5 The execution and delivery by Borrower of this Amendment and the
performance by Borrower of its obligations under the Loan Agreement, as amended by this Amendment, do not and will not contravene (a) any law or regulation binding on or affecting 

 
Borrower, (b) any contractual restriction with a Person binding on Borrower, (c) any order, judgment or decree of any court or other governmental
or public body or authority, or subdivision thereof, binding on Borrower, or (d) the organizational documents of Borrower; 
 4.6
The execution and delivery by Borrower of this Amendment and the performance by Borrower of its obligations under the Loan Agreement, as amended by this Amendment, do not require any order, consent, approval, license, authorization or validation
of, or filing, recording or registration with, or exemption by any governmental or public body or authority, or subdivision thereof, binding on either Borrower, except as already has been obtained or made; and 
 4.7 This Amendment has been duly executed and delivered by Borrower and is the binding obligation of Borrower, enforceable against Borrower in
accordance with its terms, except as such enforceability may be limited by bankruptcy, insolvency, reorganization, liquidation, moratorium or other similar laws of general application and equitable principles relating to or affecting creditors’
rights. 
 5. Counterparts. This Amendment may be executed in any number of counterparts and all of such counterparts taken together
shall be deemed to constitute one and the same instrument. 
 6. Effectiveness. This Amendment shall be deemed effective as of April
6, 2006 upon (a) the due execution and delivery to Bank of this Amendment by each party hereto and (b) Borrower’s payment of an amendment fee in an amount equal to $2,500. 
 [Signature page follows.] 

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

									
	BANK	 	 	 	BORROWER
			
	Silicon Valley Bank	 		 	Walnut Ventures, Inc.
					
	By:	 	 /s/ Kim Crosslin
	 		 	By:	 	 /s/ Gary W. Bogatay, Jr.

	Name:	 	Kim Crosslin	 		 	Name:	 	Gary W. Bogatay, Jr.
	Title:	 	Relationship Manager	 		 	Title:	 	CFO
				
		 		 		 	Corporate Consulting Services, Inc.
					
		 		 		 	By:	 	 /s/ Gary W. Bogatay, Jr.

		 		 		 	Name:	 	Gary W. Bogatay, Jr.
		 		 		 	Title:	 	CFO
				
		 		 		 	Intersearch Group, Inc.
					
		 		 		 	By:	 	 /s/ Gary W. Bogatay, Jr.

		 		 		 	Name:	 	Gary W. Bogatay, Jr.
		 		 		 	Title:	 	CFO
				
		 		 		 	La Jolla Internet Properties, Inc.
					
		 		 		 	By:	 	 /s/ Gary W. Bogatay, Jr.

		 		 		 	Name:	 	Gary W. Bogatay, Jr.
		 		 		 	Title:	 	CFO
				
		 		 		 	Internet Revenue Services, Inc.
					
		 		 		 	By:	 	 /s/ Gary W. Bogatay, Jr.

		 		 		 	Name:	 	Gary W. Bogatay, Jr.
		 		 		 	Title:	 	CFO

 CONSENT AND FIFTH AMENDMENT 
 TO 
 LOAN AND SECURITY AGREEMENT 
 This CONSENT, FORBEARANCE, AND FIFTH AMENDMENT to Loan and Security Agreement (this
“Amendment”) is entered into this 12th day of June, 2006, by and between Silicon Valley Bank
(“Bank”) and Walnut Ventures, Inc. a Nevada corporation (“Walnut”), Corporate Consulting Services, Inc. a Nevada corporation (“CCS”), Intersearch Group, Inc. a Florida corporation (“Intersearch”), La Jolla
Internet Properties, Inc. a Nevada corporation (“La Jolla”) and Internet Revenue Services, Inc., a Nevada corporation (“IRS”) (Walnut, CCS, Intersearch, La Jolla and IRS are collectively and severally, “Borrower”) whose
address is 222 Kearny Street, Suite 550, San Francisco, CA 94108. 
 RECITALS 
 A. Bank and Borrower have entered into that certain Loan and Security Agreement dated as of December 10, 2004, as amended by that certain
Loan Modification by and between Bank and Borrower dated as of April 5, 2005, as amended by that certain Second Amendment and Assumption to Loan and Security Agreement by and between Bank and Borrower dated as of December 15, 2005 as
amended by that certain Third Amendment to Loan and Security Agreement by and between Bank and Borrower dated as of March 15, 2006, and as further amended by that certain Fourth Amendment to Loan and Security Agreement by and between Bank and
Borrower dated as of April 10, 2006 (as the same may from time to time be further amended, modified, supplemented or restated, the “Loan Agreement”). 
 B. Borrower contemplates consummating a subordinated debt financing with Hambert Management Corporation and CapitalSouth Partners in an aggregate amount of up to $7,000,000 (the “Subordinated Debt
Financing”). 
 C. Borrower has requested that Bank consent to the Subordinated Debt Financing. Although Bank is under no
obligation to do so, Bank is willing to consent to the Subordinated Debt Financing. 
 D. Borrower has further requested that Bank
amend the Loan Agreement to extend the Maturity Date. Bank has agreed to so amend certain provisions of the Loan Agreement, but only to the extent, in accordance with the terms, subject to the conditions and in reliance upon the representations
and warranties set forth below. 
 AGREEMENT 
 NOW, THEREFORE, in consideration of the foregoing recitals and other good and valuable consideration, the receipt
and adequacy of which is hereby acknowledged, and intending to be legally bound, the parties hereto agree as follows: 
 1.
Definitions. Capitalized terms used but not defined in this Amendment shall have the meanings given to them in the Loan Agreement. 

 2. Consent. Subject to the terms of Section 10 below, Bank hereby consents to
the Subordinated Debt Financing and agrees that the Subordinated Debt Financing shall not, in and of itself, constitute an “Event of Default” under Section 7.4 of the Loan Agreement. Borrower shall deliver to the Bank a copy of all
documents and agreements to which Borrower is a party executed in connection with the Subordinated Debt Financing and, at Banks’ reasonable request, any other agreements or documents related thereto. 
 3. Amendment to Loan Agreement. 
 3.1 Section 13 (Definitions). The following term and its respective definition set forth in Section 13.1 is amended in its entirety and replaced with the following: 
 “Maturity Date” is August 4, 2006. 
 4. Limitation of Amendment. 
 4.1 The amendment set forth in Section 2, above, is
effective for the purposes set forth herein and shall be limited precisely as written and shall not be deemed to (a) be a consent to any amendment, waiver or modification of any other term or condition of any Loan Document, or
(b) otherwise prejudice any right or remedy which Bank may now have or may have in the future under or in connection with any Loan Document. 
 4.2 This Amendment shall be construed in connection with and as part of the Loan Documents and all terms, conditions, representations, warranties, covenants and agreements set forth in the Loan Documents, except as herein amended,
are hereby ratified and confirmed and shall remain in full force and effect. 
 5. Representations and Warranties. To induce Bank to
enter into this Amendment, Borrower hereby represents and warrants to Bank as follows: 
 5.1 Immediately after giving effect to this
Amendment (a) the representations and warranties contained in the Loan Documents are true, accurate and complete in all material respects as of the date hereof (except to the extent such representations and warranties relate to an earlier date,
in which case they are true and correct as of such date), and (b) no Event of Default other than the Existing Defaults has occurred and is continuing; 
 5.2 Borrower has the power and authority to execute and deliver this Amendment and to perform its obligations under the Loan Agreement, as amended by this Amendment; 
 5.3 The organizational documents of Borrower delivered to Bank on the December10, 2004 remain true, accurate and complete and have not been
amended, supplemented or restated and are and continue to be in full force and effect; 

 5.4 The execution and delivery by Borrower of this Amendment and the performance by Borrower of
its obligations under the Loan Agreement, as amended by this Amendment, have been duly authorized by all necessary action on the part of Borrower; 
 5.5 The execution and delivery by Borrower of this Amendment and the performance by Borrower of its obligations under the Loan Agreement, as amended by this Amendment, do not and will not contravene (a) any law or regulation
binding on or affecting Borrower, (b) any contractual restriction with a Person binding on Borrower, (c) any order, judgment or decree of any court or other governmental or public body or authority, or subdivision thereof, binding on
Borrower, or (d) the organizational documents of Borrower; 
 5.6 The execution and delivery by Borrower of this Amendment and
the performance by Borrower of its obligations under the Loan Agreement, as amended by this Amendment, do not require any order, consent, approval, license, authorization or validation of, or filing, recording or registration with, or exemption by
any governmental or public body or authority, or subdivision thereof, binding on either Borrower, except as already has been obtained or made; and 
 5.7 This Amendment has been duly executed and delivered by Borrower and is the binding obligation of Borrower, enforceable against Borrower in accordance with its terms, except as such enforceability may be limited by bankruptcy,
insolvency, reorganization, liquidation, moratorium or other similar laws of general application and equitable principles relating to or affecting creditors’ rights. 
 6. Prior Agreement. Except as expressly provided for in this Amendment, the Loan Documents are hereby ratified and reaffirmed and shall remain in full force and effect. This Amendment is not a novation and the
terms and conditions of this Amendment shall be in addition to and supplemental to all terms and conditions set forth in the Loan Documents. In the event of any conflict or inconsistency between this Amendment and the terms of such documents, the
terms of this Amendment shall be controlling, but such document shall not otherwise be affected or the rights therein impaired. 
 7.
Release by Borrower. 
 7.1 FOR GOOD AND VALUABLE CONSIDERATION, Borrower hereby forever relieves, releases, and discharges Bank
and its present or former employees, officers, directors, agents, representatives, attorneys, and each of them, from any and all claims, debts, liabilities, demands, obligations, promises, acts, agreements, costs and expenses, actions and causes of
action, of every type, kind, nature, description or character whatsoever, whether known or unknown, suspected or unsuspected, absolute or contingent, arising out of or in any manner whatsoever connected with or related to facts, circumstances,
issues, controversies or claims existing or arising from the beginning of time through and including the date of execution of this Amendment (collectively “Released Claims”). Without limiting the foregoing, the Released Claims shall
include any and all liabilities or claims arising out of or in any 

 
manner whatsoever connected with or related to the Loan Documents, the Recitals hereto, any instruments, agreements or documents executed in connection with
any of the foregoing or the origination, negotiation, administration, servicing and/or enforcement of any of the foregoing. 
 7.2 In
furtherance of this release, Borrower expressly acknowledges and waives any and all rights under Section 1542 of the California Civil Code, which provides as follows: 
 “A general release does not extend to claims which the creditor does not know or expect to exist in his favor at the time of executing the release, which if known by him must have materially affected his
settlement with the debtor.” 
 7.3 By entering into this release, Borrower recognizes that no facts or representations are ever
absolutely certain and it may hereafter discover facts in addition to or different from those which it presently knows or believes to be true, but that it is the intention of Borrower hereby to fully, finally and forever settle and release all
matters, disputes and differences, known or unknown, suspected or unsuspected; accordingly, if Borrower should subsequently discover that any fact that it relied upon in entering into this release was untrue, or that any understanding of the facts
was incorrect, Borrower shall not be entitled to set aside this release by reason thereof, regardless of any claim of mistake of fact or law or any other circumstances whatsoever. Borrower acknowledges that it is not relying upon and has not relied
upon any representation or statement made by Bank with respect to the facts underlying this release or with regard to any of such party’s rights or asserted rights. 
 7.4 This release may be pleaded as a full and complete defense and/or as a cross-complaint or counterclaim against any action, suit, or other proceeding that may be instituted, prosecuted or attempted in breach
of this release. Borrower acknowledges that the release contained herein constitutes a material inducement to Bank to enter into this Amendment, and that Bank would not have done so but for Bank’s expectation that such release is valid and
enforceable in all events. 
 7.5 Borrower hereby represents and warrants to Bank, and Bank is relying thereon, as follows:

 (a) Except as expressly stated in this Amendment, neither Bank nor any agent, employee or representative of Bank has made any
statement or representation to Borrower regarding any fact relied upon by Borrower in entering into this Amendment. 
 (b) Borrower
has made such investigation of the facts pertaining to this Amendment and all of the matters appertaining thereto, as it deems necessary. 

 (c) The terms of this Amendment are contractual and not a mere recital. 
 (d) This Amendment has been carefully read by Borrower, the contents hereof are known and understood by Borrower, and this Amendment is signed
freely, and without duress, by Borrower. 
 (e) Borrower represents and warrants that it is the sole and lawful owner of all right,
title and interest in and to every claim and every other matter which it releases herein, and that it has not heretofore assigned or transferred, or purported to assign or transfer, to any person, firm or entity any claims or other matters herein
released. Borrower shall indemnify Bank, defend and hold it harmless from and against all claims based upon or arising in connection with prior assignments or purported assignments or transfers of any claims or matters released herein. 

8. Integration. This Amendment and the Loan Documents represent the entire agreement about this subject matter and supersede prior
negotiations or agreements. All prior agreements, understandings, representations, warranties, and negotiations between the parties about the subject matter of this Amendment and the Loan Documents merge into this Amendment and the Loan Documents.

 9. Counterparts. This Amendment may be executed in any number of counterparts and all of such counterparts taken together shall be
deemed to constitute one and the same instrument. 
 10. Effectiveness. This Amendment shall be deemed effective as of June 5,
2006 upon the due execution and delivery to Bank of this Amendment by each party hereto. 
 11. Governing Law. This Amendment and the
rights and obligations of the parties hereto shall be governed by and construed in accordance with the laws of the State of California. 
 [Signature page follows.] 

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

									
	BANK	 	 	 	BORROWER
			
	Silicon Valley Bank	 		 	Walnut Ventures, Inc.
					
	By:	 	 /s/ Kim Crosslin
	 		 	By:	 	 /s/ Gary W. Bogatay, Jr.

	Name:	 	Kim Crosslin	 		 	Name:	 	Gary W. Bogatay, Jr.
	Title:	 	Relationship Manager	 		 	Title:	 	CFO
				
		 		 		 	Corporate Consulting Services, Inc.
					
		 		 		 	By:	 	 /s/ Gary W. Bogatay, Jr.

		 		 		 	Name:	 	Gary W. Bogatay, Jr.
		 		 		 	Title:	 	CFO
				
		 		 		 	Intersearch Group, Inc.
					
		 		 		 	By:	 	 /s/ Gary W. Bogatay, Jr.

		 		 		 	Name:	 	Gary W. Bogatay, Jr.
		 		 		 	Title:	 	CFO
				
		 		 		 	La Jolla Internet Properties, Inc.
					
		 		 		 	By:	 	 /s/ Gary W. Bogatay, Jr.

		 		 		 	Name:	 	Gary W. Bogatay, Jr.
		 		 		 	Title:	 	CFO
				
		 		 		 	Internet Revenue Services, Inc.
					
		 		 		 	By:	 	 /s/ Gary W. Bogatay, Jr.

		 		 		 	Name:	 	Gary W. Bogatay, Jr.
		 		 		 	Title:	 	CFO

 SIXTH AMENDMENT 
 TO 
 LOAN AND SECURITY AGREEMENT 
 THIS SIXTH AMENDMENT to Loan and Security Agreement (this “Amendment”) is entered
into this 22nd day of August, 2006, by and among Silicon Valley Bank (“Bank”) and Walnut Ventures, Inc. a
Nevada corporation (“Walnut”), InterSearch Corporate Services, Inc. (f/k/a Corporate Consulting Services, Inc.) a Nevada corporation (“ICS”), InterSearch Group, Inc. a Florida corporation (“Intersearch”), La Jolla
Internet Properties, Inc. a Nevada corporation (“La Jolla”) and Internet Revenue Services, Inc., a Nevada corporation (“IRS”) (Walnut, ICS, Intersearch, La Jolla and IRS are collectively and severally, “Borrower”) whose
address is 222 Kearny Street, Suite 550, San Francisco, CA 94108. 
 RECITALS 
 A. Bank and Borrower have entered into that certain Loan and Security Agreement dated as of December 10, 2004, as amended by that certain
Loan Modification by and between Bank and Borrower dated as of April 5, 2005, as amended by that certain Second Amendment to and Assumption of Loan and Security Agreement by and between Bank and Borrower dated as of December 15, 2005 and
as amended by that certain Third Amendment to Loan and Security Agreement by and between Bank and Borrower dated as of March 15, 2006 as amended by that certain Fourth Amendment to Loan and Security Agreement by and between Bank and Borrower
dated as of April 10, 2006 and as further amended by that certain Consent and Fifth Amendment to Loan and Security Agreement by and between Bank and Borrower dated as of June 12, 2006 (as the same may from time to time be further amended,
modified, supplemented or restated, the “Loan Agreement”). 
 B. Bank has extended credit to Borrower for the purposes
permitted in the Loan Agreement. 
 C. Borrower has requested that Bank amend the Loan Agreement to (i) renew the accounts
receivable line of credit, (ii) reduce the Facility Amount and (iii) make certain other revisions to the Loan and Security Agreement as more fully set forth herein. 
 D. Bank has agreed to so amend certain provisions of the Loan Agreement, but only to the extent, in accordance with the terms, subject to the
conditions and in reliance upon the representations and warranties set forth below. 
 AGREEMENT

 NOW, THEREFORE, in consideration of the foregoing recitals and other good and valuable consideration,
the receipt and adequacy of which is hereby acknowledged, and intending to be legally bound, the parties hereto agree as follows: 
 1.
Definitions. Capitalized terms used but not defined in this Amendment shall have the meanings given to them in the Loan Agreement. 

 2. Amendment to Loan Agreement. 
 2.1 Section 2.2.3 (Finance Charges). The first sentence of Section 2.2.3 is amended in its entirety and replaced with the
following: 
 Finance Charges. In computing Finance Charges on the Obligations under this Agreement, all Collections received by Bank
shall be deemed applied by Bank on account of the Obligations one (1) Business Day after receipt of the collections. 
 2.2
Section 2.2.4 (Collateral Handling Fee, Warrant Waiver Fee and Renewal Fee). Section 2.2.4(a) is amended in its entirety and replaced with the following: 
 (a) Collateral Handling Fee. Borrower will pay to Bank a collateral handling fee equal to (a) 0.10% per month of
the Financed Receivable Balance for each Financed Receivable outstanding based upon a 360 day year when the Adjusted Quick Ratio is equal to or greater than 1.25:1.00 but less than 1:50:1.00 for the prior quarter; or (b) 0.25% per month of
the Financed Receivable Balance for each Financed Receivable outstanding based upon a 360 day year when the Adjusted Quick Ratio is less than 1.25:1.00 for the prior quarter, (the “Collateral Handling Fee”). The Collateral Handling Fee is
payable when the Advance made based on such Financed Receivable is payable in accordance with Section 2.3 hereof. In computing Collateral Handling Fees under this agreement, all Collections received by Bank shall be deemed applied by Bank on
account of Obligations one (1) Business Day after receipt of the Collections. After an Event of Default, the Collateral Handling Fee will increase an additional 0.50% effective immediately upon such Event of Default. 
 2.3 Section 13 (Definitions). The following terms and their respective definitions set forth in Section 13.1 are amended
in their entirety and replaced with the following: 
 “Applicable Rate” is a per annum rate equal to the Prime Rate plus
0.75% per annum based upon a 360 day year. 
 “Facility Amount” is One Million Two Hundred Fifty Thousand Dollars
(1,250,000). 
 “Maturity Date” is August 3, 2007. 
 “Subordinated Notes” means that certain Investment Agreement dated July 21, 2006 among CapitalSouth Partners Fund I, L.P.,
CapitalSouth Partners Fund II, L.P. and Harbert Mezzanine Partners II SBIC, LP in a principal amount of $7,000,000.00. 

 3. Limitation of Amendments. 
 3.1 The amendments set forth in Section 2, above, are effective for the purposes set forth herein and shall be limited precisely as
written and shall not be deemed to (a) be a consent to any amendment, waiver or modification of any other term or condition of any Loan Document, or (b) otherwise prejudice any right or remedy which Bank may now have or may have in the
future under or in connection with any Loan Document. 
 3.2 This Amendment shall be construed in connection with and as part of the
Loan Documents and all terms, conditions, representations, warranties, covenants and agreements set forth in the Loan Documents, except as herein amended, are hereby ratified and confirmed and shall remain in full force and effect. 
 4. Representations and Warranties. To induce Bank to enter into this Amendment, Borrower hereby represents and warrants to Bank as follows:

 4.1 Immediately after giving effect to this Amendment (a) the representations and warranties contained in the Loan Documents
are true, accurate and complete in all material respects as of the date hereof (except to the extent such representations and warranties relate to an earlier date, in which case they are true and correct as of such date), and (b) no Event of
Default has occurred and is continuing; 
 4.2 Borrower has the power and authority to execute and deliver this Amendment and to
perform its obligations under the Loan Agreement, as amended by this Amendment; 
 4.3 The organizational documents of Borrower
delivered to Bank on December 10, 2004, December 15, 2005 and August 22, 2006 remain true, accurate and complete and have not been amended, supplemented or restated and are and continue to be in full force and effect; 

4.4 The execution and delivery by Borrower of this Amendment and the performance by Borrower of its obligations under the Loan Agreement, as
amended by this Amendment, have been duly authorized; 
 4.5 The execution and delivery by Borrower of this Amendment and the
performance by Borrower of its obligations under the Loan Agreement, as amended by this Amendment, do not and will not contravene (a) any law or regulation binding on or affecting Borrower, (b) any contractual restriction with a Person
binding on Borrower, (c) any order, judgment or decree of any court or other governmental or public body or authority, or subdivision thereof, binding on Borrower, or (d) the organizational documents of Borrower; 
 4.6 The execution and delivery by Borrower of this Amendment and the performance by Borrower of its obligations under the Loan Agreement, as
amended by this Amendment, do not require any order, consent, approval, license, authorization or validation of, or filing, recording or registration with, or exemption by any governmental or public body or authority, or subdivision thereof, binding
on either Borrower, except as already has been obtained or made; and 

 4.7 This Amendment has been duly executed and delivered by Borrower and is the binding obligation
of Borrower, enforceable against Borrower in accordance with its terms, except as such enforceability may be limited by bankruptcy, insolvency, reorganization, liquidation, moratorium or other similar laws of general application and equitable
principles relating to or affecting creditors’ rights. 
 5. Counterparts. This Amendment may be executed in any number of
counterparts and all of such counterparts taken together shall be deemed to constitute one and the same instrument. 
 6.
Effectiveness. This Amendment shall be deemed effective as of August 4, 2006 upon (a) the due execution and delivery to Bank of this Amendment by each party hereto and (b) Borrower’s payment of a renewal fee in an amount
equal to $10,000. 
 [Signature page follows.] 

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

									
	BANK	 	 	 	BORROWER
			
	Silicon Valley Bank	 		 	Walnut Ventures, Inc.
					
	By:	 	 /s/ Kim Crosslin
	 		 	By:	 	 /s/ Gary W. Bogatay, Jr.

	Name:	 	Kim Crosslin	 		 	Name:	 	Gary W. Bogatay, Jr.
	Title:	 	Relationship Manager	 		 	Title:	 	CFO
				
		 		 		 	InterSearch Corporate Services, Inc.
					
		 		 		 	By:	 	 /s/ Gary W. Bogatay, Jr.

		 		 		 	Name:	 	Gary W. Bogatay, Jr.
		 		 		 	Title:	 	CFO
				
		 		 		 	Intersearch Group, Inc.
					
		 		 		 	By:	 	 /s/ Gary W. Bogatay, Jr.

		 		 		 	Name:	 	Gary W. Bogatay, Jr.
		 		 		 	Title:	 	CFO
				
		 		 		 	La Jolla Internet Properties, Inc.
					
		 		 		 	By:	 	 /s/ Gary W. Bogatay, Jr.

		 		 		 	Name:	 	Gary W. Bogatay, Jr.
		 		 		 	Title:	 	CFO
				
		 		 		 	Internet Revenue Services, Inc.
					
		 		 		 	By:	 	 /s/ Gary W. Bogatay, Jr.

		 		 		 	Name:	 	Gary W. Bogatay, Jr.
		 		 		 	Title:	 	CFO2005 Equity Incentive Plan

 Exhibit 10.3 
 INTERSEARCH GROUP, INC. 
 2005 EQUITY INCENTIVE PLAN 
 (Effective as of December 16, 2005) 
 Section 1.
PURPOSE AND DEFINITIONS 
 (a) Purpose. The purpose of this InterSearch Group, Inc. 2005 Equity Incentive Plan (the
“Plan”) is to advance the interests of the shareholders of the Company by enhancing the Company’s ability to attract, retain, and motivate persons who make or are expected to make important contributions to the Company and its
Subsidiaries by providing such persons with equity ownership opportunities and performance-based incentives, thereby better aligning the interests of such persons with those of the Company’s shareholders. In addition, by encouraging stock
ownership by directors who are not employees of the Company or its Subsidiaries, the Company seeks to attract and retain on its Board persons of exceptional competence and to provide a further incentive to serve as a director of the Company.

 (b) Definitions. The following terms shall have the following respective meanings unless the context requires otherwise:

 (1) The term “Administrator” shall mean the Compensation Committee of the Board or such other committee,
individual or individuals appointed or delegated authority pursuant to Section 2(a) to administer the Plan. 
 (2) The
term “Affiliate” or “Affiliates” shall have the meaning set forth in Rule 12b-2 promulgated under Section 12 of the Exchange Act. 
 (3) The term “Annual Grant” shall have the meaning set forth in Section (4)(f)(2). 
 (4) The term “Beneficial Owner” shall mean beneficial owner as defined in Rule 13d-3 under the Exchange Act. 
 (5) The term “Board” shall mean the Board of Directors of the Company. 
 (6) The term “Cause”
shall have the meaning set forth in the Participant’s employment or other agreement with the Company, any Subsidiary or any Affiliate, provided that if the Participant is not a party to any such employment or other agreement or such employment
or other agreement does not contain a definition of Cause, then Cause shall mean (i) the continued failure by the Participant to substantially perform his or her duties and obligations to the Company or any Subsidiary or Affiliate after receipt
of written notice from the Company concerning such conduct, including without limitation, repeated refusal to follow the reasonable directions of his or her employer, (ii) intentional violation of law in the course of performance of the duties
of Participant’s employment with the Company or any Subsidiary or Affiliate, (iii) engagement in misconduct

 
which is materially injurious to the Company or any Subsidiary or Affiliate (other than any such failure resulting from his or her incapacity due to physical
or mental illness); (iv) fraud or material dishonesty against the Company or any Subsidiary or Affiliate; or (v) a conviction or plea of guilty or nolo contendere for the commission of a felony or a crime involving material dishonesty.
Determination of Cause shall be made by the Administrator in its sole discretion. 
 (7) The term “Change in
Control” shall be deemed to have occurred if an event set forth in any one of the following paragraphs shall have occurred: 
 (A) any Person is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company (not including in the securities Beneficially Owned by such Person any securities acquired from the Company or its Affiliates)
representing 50% or more of the combined voting power of the Company’s then outstanding securities; or 
 (B) the
shareholders of the Company approve a plan of complete liquidation or dissolution of the Company or there is consummated an agreement for the sale or disposition by the Company of all or substantially all of the Company’s assets, other than a
sale or disposition by the Company of all or substantially all of the Company’s assets to an entity, at least 50% of the combined voting power of the voting securities of which are owned by shareholders of the Company following the completion
of such transaction in substantially the same proportions as their ownership of the Company immediately prior to such sale. Notwithstanding the foregoing, a “Change in Control” shall not be deemed to have occurred by virtue of (i) an
Initial Public Offering or (ii) the consummation of any transaction or series of integrated transactions immediately following which the holders of the Stock of the Company immediately prior to such transaction or series of transactions
continue to have substantially the same proportionate ownership in an entity which owns all or substantially all of the assets of the Company immediately following such transaction or series of transactions. 
 (8) The term “Code” shall mean the Internal Revenue Code of 1986, or any successor thereto, as the same may be amended and in
effect from time to time. 
 (9) The term “Company” shall mean InterSearch Group, Inc., a Florida corporation.

 (10) The term “Employee” shall mean a person who is employed by the Company or any Subsidiary, including an
officer or director of the Company or any Subsidiary who is also an employee of the Company or any Subsidiary. 
  

 2 

 (11) The term “Exchange Act” shall mean the Securities Exchange Act of 1934, or
any successor thereto, as the same may be amended and in effect from time to time. 
 (12) The term “Fair Market
Value” shall mean, with respect to a share of Stock, if the Stock is then listed and traded on a registered national or regional securities exchange, or quoted on The National Association of Securities Dealers’ Automated Quotation System
(including The Nasdaq Stock Market’s National Market), the average closing price of a share of Stock on such exchange or quotation system for the five trading days immediately preceding the date of grant of an Option or Stock Appreciation
Right, or, if Fair Market Value is used herein in connection with any event other than the grant of an Option or Stock Appreciation Right, then such average closing price for the five trading days immediately preceding the date of such event. If the
Stock is not traded on a registered securities exchange or quoted in such a quotation system, the Administrator shall determine the Fair Market Value of a share of Stock. 
 (13) The term “Incentive Stock Option” means an option granted under this Plan and which is an incentive stock option within the
meaning of Section 422 of the Code, or the corresponding provision of any subsequently enacted tax statute. 
 (14) The
term “Initial Grant” shall have the meaning set forth in Section 4(f)(2). 
 (15) The term “Initial Public
Offering” shall mean the date of the initial public offering of securities by the Company. 
 (16) The term
“Non-Employee Director” shall mean any member of the Company’s Board who is not an employee of the Company or of any Affiliate of the Company. 
 (17) The term “Nonqualified Stock Option” shall mean an option granted under the Plan which is not an Incentive Stock Option.

 (18) The term “Option” or “Options” shall mean the option to purchase Stock in accordance with
Section 4 on such terms and conditions as may be prescribed by the Administrator, whether or not such option is an Incentive Stock Option. 
 (19) The term “Other Stock-Based Awards” shall mean awards of Stock or other rights made in accordance with Section 5 on such terms and conditions as may be prescribed by the Administrator. 

(20) The term “Participant” shall mean any eligible person who is granted a Plan Award hereunder. 
  

 3 

 (21) The term “Performance Goals” shall mean one or more business criteria
based on individual, business unit, group, Company or other performance criteria selected by the Administrator. 
 (22) The
term “Person” shall have the meaning set forth in Section 3(a)(9) of the Exchange Act, as modified and used in Sections 13(d) and 14(d) thereof, except that such terms shall not include (A) the Company or any Subsidiary
corporation, (B) a trustee or other fiduciary holding securities under an employee benefit plan of the Company or any Subsidiary corporation, (C) an underwriter temporarily holding securities pursuant to an offering of such securities, or
(D) a corporation owned, directly or indirectly, by the stockholder of the Company in substantially the same proportions as their ownership of stock of the Company. 
 (23) The term “Plan” shall mean the 2005 InterSearch Group, Inc. Equity Incentive Plan, as the same may be amended and in effect
from time to time. 
 (24) The term “Plan Awards” or “Awards” shall mean awards or grants of stock Options
and various other rights with respect to shares of Stock. 
 (25) The term “Stock Appreciation Right” shall mean the
right to receive, without payment to the Company, an amount of cash or Stock as determined in accordance with Section 4, based on the amount by which the Fair Market Value of a share of Stock on the relevant valuation date exceeds the grant
price. 
 (26) The term “Stock” shall mean shares of the Company’s common stock, par value $.001 per share.

 (27) The term “Subsidiary” shall mean any “subsidiary corporation” within the meaning of
Section 424(f) of the Code. 
 (28) The term “Ten Percent Shareholder” shall mean an individual who owns stock
possessing more than ten percent (10%) of the combined voting power of all classes of stock of the Company or of its parent or subsidiary corporations within the meaning of Code Section 422. 
 Section 2. ADMINISTRATION AND PARTICIPANTS 
 (a)
Administration. The Plan shall be administered by the Board of Directors or by any other committee appointed by the Board. If the Company has a class of securities registered under the Exchange Act, subject to the discretion of the Board,
then such committee shall consist of not fewer than two members of the Board, each of whom shall qualify (at the time of appointment to the committee and during all periods of service on the committee) in all respects as a “non-employee
director” as defined in Rule 16b-3 under the Exchange Act and as an outside director as defined in Section 162(m) of the Code and the regulations thereunder. The Administrator shall administer the Plan and perform such other functions as
are assigned to it under the Plan. The Administrator is authorized, subject to the provisions of the Plan, from time to time to establish such rules 

  

 4 

 
and regulations as it may deem appropriate for the proper administration of the Plan and to make such determinations under, and such interpretations of, and
to take such steps in connection with, the Plan and the Plan Awards as it may deem necessary or advisable, in each case in its sole discretion. The Administrator’s decisions and determinations under the Plan need not be uniform and may be made
selectively among Participants, whether or not they are similarly situated. Any authority granted to the Administrator may also be exercised by the entire Board. To the extent that any permitted action taken by the Board conflicts with any action
taken by the Administrator, the Board action shall control. To the extent permitted by applicable law and except for Awards granted to Persons who are subject to Section 16 of the Exchange Act, the Administrator may delegate any or all of its
powers or duties under the Plan, including, but not limited to, its authority to make awards under the Plan to such person or persons as it shall appoint pursuant to such conditions or limitations as the Administrator may establish; provided,
however, that the Administrator shall not delegate its authority to amend or modify the Plan pursuant to the provisions of Section 12(b) of the Plan. To the extent of any such delegation, the term “Administrator” when used herein
shall mean and include any such delegate. 
 (b) Eligibility for Participation. Any Employee, director, officer, consultant, or
advisor of the Company or its Subsidiaries may be granted Awards under the Plan, provided that consultants or advisors may only be granted Awards under the Plan if they are natural persons that provide bona fide services to the Company or its
Subsidiaries. The Administrator shall designate each individual who will become a Participant. The Administrator’s designation of a Participant in any year shall not require the Administrator to designate such person to receive a Plan Award in
any other year. 
 Section 3. STOCK AVAILABLE FOR PLAN AWARDS 
 (a) Stock Subject to Plan. The Stock to be subject to or related to Plan Awards may be either authorized and unissued shares or shares held in the treasury of the Company. The maximum number of shares of Stock
with respect to which Plan Awards may be granted under the Plan, subject to adjustment in accordance with the provisions of Section 9, shall be 744,124 shares. 
 (b) Computation of Stock Available for Plan Awards. For the purpose of computing the total number of shares of Stock remaining available for Plan Awards under this Plan at any time while the Plan is in effect,
the total number of shares determined to be available pursuant to subsections (a) and (c) of this Section 3 shall be reduced by, (1) the maximum number of shares of Stock subject to issuance upon exercise of outstanding Options
or outstanding Stock Appreciation Rights granted under this Plan, and (2) the maximum number of shares of Stock related to outstanding Other Stock-Based Awards granted under this Plan, as determined by the Administrator in each case as of the
dates on which such Plan Awards were granted. 
 (c) Terminated, Expired or Forfeited Plan Awards. The shares involved in the
unexercised or undistributed portion of any terminated, expired or forfeited Plan Award shall be made available for further Plan Awards. 
  

 5 

 Section 4. OPTIONS AND STOCK APPRECIATION RIGHTS 
 (a) Grant of Options. 
 (1) The Administrator, at any time and from time to time while the Plan is in effect, may grant Options to such Employees and other eligible individuals as the Administrator may select, subject to the provisions of this Section 4 and
Section 3 of the Plan. Subject to any limitations set forth in the Plan, the Administrator shall have complete discretion in determining: (a) the eligible individuals to be granted an Option; (b) the number of shares of Stock to be
subject to the Option; (c) whether the Option is to be an Incentive Stock Option or a Nonqualified Stock Option; provided that, Incentive Stock Options may be granted only to Employees of the Company or a Subsidiary; and (d) any
other terms and conditions of the Option as determined by the Administrator in its sole discretion. 
 (2) Unless otherwise
determined by the Administrator, Incentive Stock Options: (a) will be exercisable at a purchase price per share of not less than One Hundred percent (100%) (or, in the case of a Ten Percent Shareholder, one hundred and ten percent
(110%)) of the Fair Market Value of the Stock on the date of grant; (b) will be exercisable over not more than ten (10) years (or, in the case of a Ten Percent Shareholder, five (5) years) after the date of grant; (c) will
terminate not later than three (3) months after the Participant’s termination of employment for any reason other than disability or death; (d) will terminate not later than twelve (12) months after the Participant’s
termination of employment as a result of a disability (within the meaning of Code Section 424); and (e) will comply in all other respects with the provisions of Code Section 422. 
 (3) Nonqualified Stock Options will be exercisable at purchase prices of not less
than one hundred percent (100%) of the Fair Market Value of the Stock on the date of grant, unless otherwise determined by the Administrator. Nonqualified Stock Options will be exercisable during such periods or on such date as determined by
the Administrator and shall terminate at such time as the Administrator shall determine. Nonqualified Stock Options shall be subject to such terms and conditions as are determined by the Administrator; provided that any Option granted to a
Section 162(m) Participant shall either have a purchase price of not less than one hundred percent (100%) of the Fair Market Value of the Stock on the date of grant or be subject to the attainment of such Performance Goals as are
established by the Administrator, unless otherwise determined by the Administrator. 
 (4) Each award agreement evidencing an
Incentive Stock Option shall provide that, to the extent that the aggregate Fair Market Value of Stock (as determined on the date of the option grant) that may be purchased by a Participant for the first time during any calendar year pursuant to
Incentive Stock Options granted under the Plan or any other plan of the Company or its Subsidiaries exceeds $100,000, then such option as to the excess shall be treated as a Nonqualified Stock Option. This limitation shall be applied by taking stock
options into account in the order in which they were granted. 
  

 6 

 (b) Grant of Stock Appreciation Rights. 
 (1) The Administrator, at any time and from time to time while the Plan is in effect, may grant Stock Appreciation Rights to such
Employees and other eligible individuals as it may select, subject to the provisions of this Section 4 and Section 3 of the Plan. Each Stock Appreciation Right may relate to all or a portion of a specific Option granted under the Plan and
may be granted concurrently with the Option to which it relates or at any time prior to the exercise, termination or expiration of such Option (a “Tandem SAR”), or may be granted independently of any Option, as determined by the
Administrator. If the Stock Appreciation Right is granted independently of an Option, the grant price of such right shall be the Fair Market Value of Stock on the date of grant of such Stock Appreciation Right; provided, however, that the
Administrator may, in its discretion, fix a grant price in excess of the Fair Market Value of Stock on such grant date. 
 (2)
Upon exercise of a Stock Appreciation Right, the Participant shall be entitled to receive, without payment to the Company, either (A) that number of shares of Stock determined by dividing (i) the total number of shares of Stock subject to
the Stock Appreciation Right being exercised by the Participant, multiplied by the amount by which the Fair Market Value of a share of Stock on the day the right is exercised exceeds the grant price (such amount being hereinafter referred to as the
“Spread”), by (ii) the Fair Market Value of a share of Stock on the exercise date; or (B) cash in an amount determined by multiplying (i) the total number of shares of Stock subject to the Stock Appreciation Right being
exercised by the Participant, by (ii) the amount of the Spread; or (C) a combination of shares of Stock and cash, in amounts determined as set forth in clauses (A) and (B) above, as determined by the Administrator in its sole
discretion; provided, however, that, in the case of a Tandem SAR, the total number of shares of Stock that may be received upon exercise of a Stock Appreciation Right for Stock shall not exceed the total number of shares subject to the
related Option or portion thereof, and the total amount of cash which may be received upon exercise of a Stock Appreciation Right for cash shall not exceed the Fair Market Value on the date of exercise of the total number of shares subject to the
related Option or portion thereof. 
 (c) Terms and Conditions. 
 (1) Each Option and Stock Appreciation Right granted under the Plan shall be exercisable on such date or dates, during such period, for
such number of shares and subject to such further conditions, including but not limited to the attainment of Performance Goals, as shall be determined by the Administrator in its sole discretion and set forth in the provisions of the award agreement
with respect to such Option and Stock Appreciation Right; provided, however, that a Tandem SAR shall not be exercisable prior to or later than the time the related Option could be exercised; and provided, further, that in any event no
Option or Stock Appreciation Right shall be exercised beyond ten (10) years from the date of grant. 
  

 7 

 (2) The Administrator may impose such conditions as it may deem appropriate upon the
exercise of an Option or a Stock Appreciation Right, including, without limitation, a condition that the Option or Stock Appreciation Right may be exercised only in accordance with rules and regulations adopted by the Administrator from time to time
and consistent with the Plan. 
 (3) With respect to Options issued with Tandem SARs, the right of a Participant to exercise
the Tandem SAR shall be cancelled if and to the extent the related Option is exercised, and the right of a Participant to exercise an Option shall be cancelled if and to the extent that shares of Stock covered by such Option are used to calculate
shares or cash received upon exercise of the Tandem SAR. 
 (4) If any fractional share of Stock would otherwise be issued to
a Participant upon the exercise of an Option or Stock Appreciation Right, the Participant shall be paid a cash amount equal to the same fraction of the Fair Market Value of the Stock on the date of exercise. 
 (5) In the event that any Option or Stock Appreciation Right granted hereunder is deemed to constitute deferred compensation within the
meaning of Code section 409A, such Option or Stock Appreciation Right shall comply with the requirements of Code Section 409A and the provisions of such Code Section shall be deemed incorporated herein by reference to the extent required by
law. 
 (d) Award Agreement. Each Option and Stock Appreciation Right shall be evidenced by an award agreement in such form and
containing such provisions not inconsistent with the provisions of the Plan as the Administrator from time to time shall approve. 
 (e)
Payment for Option Shares. 
 (1) Payment for shares of Stock purchased upon exercise of an Option granted hereunder
shall be made in such manner as is provided in the applicable award agreement. 
 (2) Any payment for shares of Stock
purchased upon exercise of an Option granted hereunder shall be made in cash. Notwithstanding the foregoing, if permitted by the Award Agreement or otherwise permitted by the Administrator, the payment may be made by delivery of shares of Stock
beneficially owned by the Participant, or attestation by the Participant to the ownership of a sufficient number of shares of Stock, or by a combination of cash and Stock, at the election of the Participant; provided, however, that any shares
of Stock so delivered or attested shall have been beneficially owned by the Participant for a period of not less than six (6) months prior to the date of exercise. Any such shares of Stock so delivered or attested shall be valued at their Fair
Market Value on the date of such exercise. The Administrator shall determine whether and if so 

  

 8 

 
the extent to which actual delivery of share certificates to the Company shall be required. The Administrator also may authorize payment in accordance with a
cashless exercise program under which, if so instructed by the Participant, Stock may be issued directly to the Participant’s broker upon receipt of the Option purchase price in cash directly to the broker. 
 (3) To the extent that the payment of the exercise price for the Stock purchased pursuant to the exercise of an Option is made with shares
of Stock as provided in Section 4(e)(2) of the Plan, then, at the discretion of the Administrator, the Participant may be granted a replacement Option under the Plan to purchase a number of shares of Stock equal to the number of shares tendered
or attested to as permitted in Section 4(e)(2) hereof, with an exercise price per share equal to the Fair Market Value on the date of grant of such replacement Option and with a term extending to the expiration date of the original Option.

 (f) Nonqualified Stock Option Awards to Non-Employee Directors. 
 (1) Each Non-Employee Director shall automatically be granted Nonqualified Stock Options under the Plan in the manner set forth in this
Section 4(f). A Non-Employee Director may hold more than one Nonqualified Stock Option, but only on the terms and subject to any restrictions set forth herein. 
 (2) Except as otherwise provided by the Administrator, each Non-Employee Director shall, as of the day such person first becomes a member
of the Board, automatically be granted a Non-Qualified Stock Option to purchase 60,000 shares of Stock (the “Initial Grant”); provided, however, that the date of the Initial Grant to Non-Employee Directors serving in such capacity as of
the effective date of the Plan shall be on the effective date of the Plan. Further, except as otherwise provided by the Administrator, each Non-Employee Director (if he or she continues to serve in such capacity) shall, on the first business day
following the annual meeting of shareholders in each year during the time the Plan is in effect (beginning with the annual shareholders’ meeting in 2007), be granted a Non-Qualified Stock Option to purchase 45,000 shares of Stock (the
“Annual Grant”), which number of shares shall be subject to adjustment in the manner provided in Section 9 of the Plan. If that number of shares of Stock available for grant under the Plan is not sufficient to accommodate the awards
of Nonqualified Stock Options to Non-Employee Directors, then the remaining shares of Stock available for such automatic awards shall be granted to each Non-Employee Director who is to receive such an award on a pro-rata basis. No further grants
shall be made until such time, if any, as additional shares of Stock become available for grant under the Plan. 
 (3) The
exercise price per share for a Non-Qualified Stock Option granted to a Non-Employee Director under the Plan shall be equal to 100% of the Fair Market Value of a share of Stock on the date of grant of such Option. 
  

 9 

 (4) Initial Grants shall vest and become exercisable immediately as to one-half of the
Option shares and shall vest and become exercisable as to the remaining one-half of the Option shares on the first anniversary of the date of grant (subject to continued service as a director through such vesting date). Annual Grants shall vest and
become exercisable with respect to 1/24th of the Option shares on and after the first day of each calendar month following the date of grant (subject to continued service as a director through such vesting date). Notwithstanding the foregoing, such
Options shall terminate on the earlier of: 
 (A) ten years after the date of grant; 
 (B) ninety (90) calendar days after the Non-Employee Director ceases to be a director of the Company for any reason, including as a
result of the Non-Employee Director’s death, disability or retirement; or 
 (C) upon the Non-Employee Director’s
removal for Cause. 
 Section 5. STOCK AND OTHER STOCK-BASED AND COMBINATION AWARDS 
 (a) Grants of Other Stock-Based Awards. The Administrator, at any time and from time to time while the Plan is in effect, may grant Other
Stock-Based Awards to such Employees or other eligible individuals as it may select. Such Plan Awards pursuant to which Stock is or may in the future be acquired, or Plan Awards valued or determined in whole or part by reference to or otherwise
based on Stock, may include, but are not limited to, awards of restricted Stock or Plan Awards denominated in the form of “stock units”, grants of so-called “phantom stock” and options containing terms or provisions differing in
whole or in part from Options granted pursuant to Section 4 of the Plan. Other Stock-Based Awards may be granted either alone, in addition to, in tandem with or as an alternative to any other kind of Plan Award, grant or benefit granted under
the Plan or under any other employee plan of the Company or Subsidiary, including a plan of any acquired entity. Each Other Stock-Based Award shall be evidenced by an award agreement in such form as the Administrator may determine. 
 (b) Terms and Conditions. Subject to the provisions of the Plan, the Administrator shall have the authority to determine the time or times at
which Other Stock-Based Awards shall be made, the number of shares of Stock or stock units and the like to be granted or covered pursuant to such Plan Awards (subject to the provisions of Section 3 of the Plan) and all other terms and
conditions of such Plan Awards, including, but not limited to, whether such Plan Awards shall be subject to the attainment of Performance Goals, and whether such Plan Awards shall be payable or paid in cash, Stock or otherwise. In the event that any
Other Stock-Based Award granted hereunder is deemed to constitute deferred compensation within the meaning of Code section 409A, such Other Stock-Based Award shall comply with the requirements of Code Section 409A and the provisions of such
Code Section shall be deemed incorporated herein by reference to the extent required by law. 
  

 10 

 (c) Consideration for Other Stock-Based Awards. In the discretion of the Administrator, any Other
Stock-Based Award may be granted as a Stock bonus for no consideration other than services rendered. 
 (d) Dividend Equivalents on Plan
Awards. 
 (1) The Administrator may determine that a Participant to whom an Other Stock-Based Award is granted shall be
entitled to receive payment of the same amount of cash that such Participant would have received as cash dividends if, on each record date during the performance or restriction period relating to such Plan Award, such Participant had been the holder
of record of a number of shares of Stock subject to the Award (as adjusted pursuant to Section 9 of the Plan). Any such payment may be made at the same time as a dividend is paid or may be deferred until such later date as is determined by the
Administrator in its sole discretion. Such cash payments are hereinafter called “dividend equivalents”. 
 (2)
Notwithstanding the provisions of subsection (d)(1) of this Section 5, the Administrator may determine that, in lieu of receiving all or any portion of any such dividend equivalent in cash, a Participant shall receive an award of whole shares
of Stock having a Fair Market Value approximately equal to the portion of such dividend equivalent that was not paid in cash. Certificates for shares of Stock so awarded may be issued as of the payment date for the related cash dividend or may be
deferred until a later date, and the shares of Stock covered thereby may be subject to the terms and conditions of the Plan Award to which it relates (including but not limited to the attainment of any Performance Goals) and the terms and conditions
of the Plan, all as determined by the Administrator in its sole discretion. 
 Section 6. AWARDS TO PARTICIPANTS OUTSIDE OF THE UNITED STATES

 In order to facilitate the granting of Plan Awards to Participants who are foreign nationals or who reside or work outside of the
United States of America, the Administrator may provide for such special terms and conditions, including without limitation substitutes for Plan Awards, as the Administrator may consider necessary or appropriate to accommodate differences in local
law, tax policy or custom. Such substitutes for Plan Awards may include a requirement that the Participant receive cash, in such amount as the Administrator may determine in its sole discretion, in lieu of any Plan Award or share of Stock that would
otherwise have been granted to or delivered to such Participant under the Plan. The Administrator may approve any supplements to, or amendments, restatements or alternative versions of the Plan as it may consider necessary or appropriate for
purposes of this Section 6 without thereby affecting the terms of the Plan as in effect for any other purpose, and the Secretary or other appropriate officer of the Company may certify any such documents as having been approved and adopted
pursuant to properly delegated authority; provided, however, that no such supplements, amendments, restatements or alternative versions shall include any provision that is inconsistent with the terms of the Plan as then in effect.
Participants subject to the laws of a foreign jurisdiction may request copies of, or the right to view, any materials that are required to be provided by the Company pursuant to the laws of such jurisdiction. 
  

 11 

 Section 7. PAYMENT OF PLAN AWARDS AND CONDITIONS THEREON 
 (a) Issuance of Shares. Certificates for shares of Stock issuable pursuant to a Plan Award shall be issued to and registered in the name of the
Participant who received such Award. The Administrator may require that such certificates bear such restrictive legend as the Administrator may specify and be held by the Company in escrow or otherwise pursuant to any form of agreement or instrument
that the Administrator may specify. If the Administrator has determined that deferred dividend equivalents shall be payable to a Participant with respect to any Plan Award pursuant to Section 5(d) of the Plan, then concurrently with the
issuance of such certificates, the Company shall deliver to such Participant a cash payment or additional shares of Stock in settlement of such dividend equivalents. 
 (b) Substitution of Shares. Notwithstanding the provisions of this subsection (b) or any other provision of the Plan, the Administrator may specify that a Participant’s Plan Award shall not be
represented by certificates for shares of Stock but shall be represented by rights approximately equivalent (as determined by the Administrator) to the rights that such Participant would have received if certificates for shares of Stock had been
issued in the name of such Participant in accordance with subsection (a) of this Section 7 (such rights being called “Stock Equivalents”). Subject to the provisions of Section 9 of the Plan and the other terms and provisions
of the Plan, if the Administrator shall so determine, each Participant who holds Stock Equivalents shall be entitled to receive the same amount of cash that such Participant would have received as dividends if certificates for shares of Stock had
been issued in the name of such Participant pursuant to subsection (a) of this Section 7 covering the number of shares equal to the number of shares to which such Stock Equivalents relate. Notwithstanding any other provision of the Plan to
the contrary, the Stock Equivalents may, at the option of the Administrator, be converted into an equivalent number of shares of Stock or, upon the expiration of any restriction period imposed on such Stock Equivalents, into cash, under such
circumstances and in such manner as the Administrator may determine. 
 (c) Cooperation. Anything contained in the Plan to the
contrary notwithstanding, if the employment of any Participant shall terminate, for any reason other than death, while any Plan Award granted to such Participant is outstanding hereunder, and such Participant has not yet received the Stock covered
by such Plan Award or otherwise received the full benefit of such Plan Award, such Participant, if otherwise entitled thereto, shall receive such Stock or benefit only if, during the entire period from the date of such Participant’s termination
to the date of such receipt, such Participant shall have made himself or herself available, upon request, at reasonable times and upon a reasonable basis, to consult with, supply information to, and otherwise cooperate with the Company; provided,
however, that the failure to comply with such condition may at any time (whether before, at the time of or subsequent to termination of employment) be waived by the Administrator upon its determination that in its sole judgment there shall not
have been and will not be any such substantial adverse effect. 
  

 12 

 (d) Tax and Other Withholding. Prior to any distribution of cash, Stock or any other benefit
available under a Plan Award (including payments under Section 5(d) and Section 7(b) of the Plan) to any Participant, appropriate arrangements (consistent with the Plan and any rules adopted hereunder) shall be made for the payment of any
taxes and other amounts required to be withheld by federal, state or local law. 
 (e) Substitution. The Administrator, in its sole
discretion, may substitute a Plan Award for another outstanding Plan Award or Plan Awards of the same or different type, so long as the substituted Plan Award is substantially equivalent in value to the outstanding Award for which the substitution
is being made. 
 Section 8. NON-TRANSFERABILITY OF PLAN AWARDS 
 (a) Restrictions on Transfer of Awards. Plan Awards shall not be assignable or transferable by the Participant other than by will or by the laws of descent and distribution except that the Participant may, with
the consent of the Administrator, transfer, without consideration, Plan Awards that do not constitute Incentive Stock Options to the Participant’s children, stepchildren, grandchildren, parent(s), stepparent(s), grandparent(s), spouse,
sibling(s), mother-in-law, father-in-law, son(s)-in-law, daughter(s)-in-law, brother(s)-in-law or sister(s)-in-law, and to persons with whom the Participant has an adoptive relationship, (or to one or more trusts for the benefit of any such family
members or to one or more partnerships in which any such family members are the only partners). 
 (b) Attachment and Levy. No Plan
Award shall be subject, in whole or in part, to attachment, execution or levy of any kind, and any purported transfer in violation hereof shall be null and void. Without limiting the generality of the foregoing, no domestic relations order
purporting to authorize a transfer of a Plan Award, or to grant to any person other than the Participant the authority to exercise or otherwise act with respect to a Plan Award, shall be recognized as valid. 
 Section 9. ADJUSTMENTS TO AWARDS 
 In the event that
the Administrator shall determine that any dividend or other distribution (whether in the form of cash, Stock, other securities, or other property), recapitalization, stock split, reverse stock split, reorganization, merger, consolidation, split-up,
spin-off, combination, repurchase, or exchange of Stock or other securities of the Company, issuance of warrants or other rights to purchase Stock or other securities of the Company, or other similar corporate transaction or event affects the Stock
such that an adjustment is determined by the Administrator to be appropriate in order to prevent dilution or enlargement of the benefits or potential benefits intended to be made available under the Plan, then the Administrator may, in such manner
as it may deem equitable, adjust any or all of (i) the number and type of Stock subject to the Plan and which thereafter may be made the subject of Awards under 

  

 13 

 
the Plan, (ii) the number and type of Stock subject to outstanding Awards, and (iii) the grant, purchase, or exercise price with respect to any
Award, or, if deemed appropriate, make provision for a cash payment to the holder of an outstanding Award; provided, however, that any fractional shares resulting from the adjustment shall be eliminated. Notwithstanding the foregoing, with
respect to Awards of Incentive Stock Options no such adjustment shall be authorized to the extent that such authority would cause the Plan to violate Section 422(b) of the Code (or any successor provision thereto); and provided further
that no such adjustment shall cause any Award hereunder that is or becomes subject to Section 409A of the Code to fail to comply with the requirements of such section; and provided further that Nonqualified Stock Options subject to grant
or previously granted to Non-Employee Directors under Section 4(f) of the Plan at the time of any event described in the preceding sentence shall be subject to only such adjustments as shall be necessary to maintain the relative proportionate
interest represented thereby immediately prior to any such event and to preserve, without exceeding, the value of such Options. 
 Section 10. TERMINATION
OF EMPLOYMENT OR SERVICE OR CHANGE OF STATUS 
 (a) Termination of Employment or Service. In the event of the termination of a
Participant’s employment or service for Cause, all outstanding Options granted to such Participant shall expire at the commencement of business on the date of such termination. 
 (b) Other Change in Employment Status. An Option shall be affected, both with regard to vesting schedule and termination, by leaves of absence,
changes from full-time to part-time employment, partial disability or other changes in the employment status of n Participant, in the discretion of the Administrator. The Administrator shall follow any applicable provisions and regulations with
respect to the treatment of Incentive Stock Options and the written policies of the Company (if any). 
 Section 11. UNFUNDED STATUS OF THE PLAN

 Unless otherwise determined by the Administrator, the Plan shall be unfunded and shall not create (or be construed to create) a trust
or a separate fund or funds. The Plan shall not establish any fiduciary relationship between the Company and any Participant, any Non-Employee Director, or other Person. To the extent any Person holds any right by virtue of a grant under the Plan,
such right (unless otherwise determined by the Administrator) shall be no greater than the right of an unsecured general creditor of the Company. 
 Section 12. RIGHTS AS A SHAREHOLDER 
 A Participant shall not have any rights as a shareholder with respect to any share of
Stock covered by any Plan Award until such Participant shall have become the holder of record of such share of Stock. 
  

 14 

 Section 13. TERM, AMENDMENT, MODIFICATION AND TERMINATION OF THE PLAN AND AGREEMENTS 
 (a) Term. Unless the Plan is terminated earlier pursuant to subsection (b) of this Section 12, no Incentive Stock Options may be granted
under the Plan after ten (10) years from the earlier of the date the Plan is adopted by the Board or the date the Plan is duly approved by the shareholders of the Company. 
 (b) Amendment, Modification and Termination of Plan. The Board may, at any time, amend or modify the Plan or any outstanding Plan Award, including
without limitation, to authorize the Administrator to make Plan Awards payable in other securities or other forms of property of a kind to be determined by the Administrator, and such other amendments as may be necessary or desirable to implement
such Plan Awards, and may terminate the Plan or any provision thereof; provided, however, that the approval of the shareholders of the Company shall be required for any amendment to the Plan to the extent required by applicable law, rules or
regulations; and provided, further, that no amendment, alteration, suspension or termination may adversely affect the terms of any option previously granted without the consent of the affected Participant. Subject to the provisions of
subsection (c) of this Section 12, the Administrator may, at any time and from time to time, amend or modify any outstanding Plan Award to the extent not inconsistent with the terms of the Plan. 
 (c) Limitation. Subject to the provisions of subsection (e) of this Section 12, no amendment to or termination of the Plan or any
provision hereof, and no amendment or cancellation of any outstanding Plan Award, by the Board, the Administrator or the shareholders of the Company, shall, without the written consent of the affected Participant, adversely affect any outstanding
Plan Award. 
 (d) Survival. The Administrator’s authority to act with respect to any outstanding Plan Award and the Board’s
authority to amend the Plan shall survive termination of the Plan. 
 (e) Amendment for Changes in Law. Notwithstanding the foregoing
provisions, the Board and Administrator shall have the authority to (i) amend outstanding Plan Awards and the Plan to take into account changes in law and tax and accounting rules as well as other developments and to comply with the
requirements of, or satisfy an exception under, the statutory or regulatory requirements set forth in Code Section 409A, and (ii) grant Plan Awards that qualify for beneficial treatment under such rules, without shareholder approval
(unless otherwise required by law or the applicable rules of any securities exchange on which the Stock is then traded) and without Participant consent. 
 Section 14. INDEMNIFICATION AND EXCULPATION 
 (a) Indemnification. Each person who is or shall have been a member of
the Board and the Administrator shall be indemnified and held harmless by the Company against and from any and all loss, cost, liability or expense that may be imposed upon or 

  

 15 

 
reasonably incurred by such person in connection with or resulting from any claim, action, suit or proceeding to which such person may be or become a party
or in which such person may be or become involved by reason of any action taken or failure to act under the Plan and against and from any and all amounts paid by such person in settlement thereof (with the Company’s written approval) or paid by
such person in satisfaction of a judgment in any such action, suit or proceeding, except a judgment in favor of the Company based upon a finding of such person’s lack of good faith; subject, however, to the condition that, upon the
institution of any claim, action, suit or proceeding against such person, such person shall in writing give the Company an opportunity, at its own expense, to handle and defend the same before such person undertakes to handle and defend it on such
person’s behalf. The foregoing right of indemnification shall not be exclusive of any other right to which such person may be entitled as a matter of law or otherwise, or any power that the Company may have to indemnify or hold such person
harmless. 
 (b) Exculpation. Each member of the Board and the Administrator, and each officer and employee of the Company, shall be
fully justified in relying or acting in good faith upon any information furnished in connection with the administration of the Plan by any appropriate person or persons other than such person. In no event shall any person who is or shall have been a
member of the Board, or the Administrator, or an officer or employee of the Company, be held liable for any determination made or other action taken or any omission to act in reliance upon any such information, or for any action (including the
furnishing of information) taken or any failure to act, if in good faith. 
 Section 15. EXPENSES OF PLAN 
 The entire expense of offering and administering the Plan shall be borne by the Company and its participating Subsidiaries; provided, that the
costs and expenses associated with the redemption or exercise of any Plan Award, including but not limited to commissions charged by any agent of the Company, may be charged to the Participants. 
 Section 16. FINALITY OF DETERMINATIONS 
 Each
determination, interpretation, or other action made or taken pursuant to the provisions of the Plan by the Board or the Administrator shall be final and shall be binding and conclusive for all purposes and upon all persons, including, but without
limitation thereto, the Company, its Subsidiaries, the shareholders, the Administrator, the directors, officers, and employees of the Company and its Subsidiaries, the Participants, and their respective successors in interest. 
  

 16 

 Section 17. NO RIGHTS TO CONTINUED EMPLOYMENT OR TO PLAN AWARD 
 (a) No Right to Employment. Nothing contained in this Plan, or in any booklet or document describing or referring to the Plan, shall be deemed to
confer on any Participant the right to continue as an employee of the Company or any Subsidiary, whether for the duration of any performance period, restriction period, or vesting period under a Plan Award, or otherwise, or affect the right of the
Company or Subsidiary to terminate the employment of any Participant for any reason. 
 (b) No Right to Award. No Employee or other
person shall have any claim or right to be granted a Plan Award under the Plan. Receipt of an Award under the Plan shall not give a Participant or any other person any right to receive any other Plan Award under the Plan. A Participant shall have no
rights in any Plan Award, except as set forth herein and in the applicable award agreement. 
 Section 18. ACCELERATED VESTING IN CONNECTION WITH A CHANGE
IN CONTROL. 
 In the event of a Change in Control, any outstanding Option that is not assumed or continued, or an equivalent option or
right is not substituted therefor pursuant to the Change in Control transaction’s governing document, shall become fully vested and exercisable “immediately prior to” the effective date of such Change in Control and shall expire upon
the effective date of such Change in Control. For purposes of this Section 18, “immediately prior to” shall mean sufficiently in advance of the Change in Control transaction such that there will be time for each affected Participant
to exercise his or her Option and participate in the Change in Control transaction in the same manner as all other holders of Stock. If an Option becomes fully vested and exercisable immediately prior to a Change in Control, the Administrator shall
notify the affected Participant in writing or electronically that the Option has become fully vested and exercisable, and that the Option will terminate upon the Change in Control. 
 Unless otherwise determined by the Administrator and evidenced in an Award Agreement, in the event that (i) a Change in Control occurs and
(ii) the Participant’s employment is terminated by the Company, its successor or Affiliate thereof without Cause on or after the effective date of the Change in Control but prior to 12 months following such Change in Control, then:

 (a) any Award carrying a right to exercise that was not previously vested and exercisable shall become fully vested and
exercisable and all outstanding Awards shall remain exercisable for one year following such date of termination of employment or service but in no event beyond the original terms of the Award and shall thereafter terminate; and 
  

 17 

 (b) the restrictions, deferral limitations, payment conditions and forfeiture conditions
applicable to any Award other than an Award described in (a) granted under the Plan shall lapse and such Awards shall be deemed fully vested and performance conditions imposed with respect to such Awards shall be deemed to be fully achieved.

 Section 19. GOVERNING LAW AND CONSTRUCTION 
 The Plan and all actions taken hereunder shall be governed by, and the Plan shall be construed in accordance with, the laws of the State of Florida without regard to principles of conflict of laws. Titles and headings to Sections are for
purposes of reference only, and shall in no way limit, define or otherwise affect the meaning or interpretation of the Plan. 
  

 18 

 AMENDMENT NO. 1 TO INTERSEARCH GROUP, INC. 2005 EQUITY INCENTIVE PLAN 
 THIS AMENDMENT NO. 1 to the InterSearch Group, Inc. (the “Company”) 2005 Equity Incentive Plan (the
“Plan”) amends the Plan as set forth below effective as of the effective date of the approval of the Company’s shareholders. All capitalized terms not specifically defined in this Amendment shall have the meanings
provided to them in the Plan. 
 NOW, THEREFORE, the Plan is hereby amended as follows: 
 1. The second sentence of Section 3(a) of the Plan is hereby amended in its entirety to read as follows: 
 “The maximum number of shares of Stock with respect to which Plan Awards may be granted under the Plan, subject to adjustment in accordance with the
provisions of Section 9, shall be 1,744,124 shares.” 
 2. Section 3(c) of the Plan is hereby amended in its entirety to read as follows:

 “The shares of Stock involved in the unexercised or undistributed portion of any terminated, expired or forfeited Plan Award shall be
made available for further Plan Awards. After the effective date of the Plan, if any shares of Stock subject to awards granted under the Company’s 2004 Equity Incentive Plan, as amended, would again become available for new grants under the
terms of such plan as if that plan had remained in effect after its termination date, then those shares of Stock will be available for the purpose of granting Awards under this Plan, thereby increasing the number of shares of Stock available for
issuance under this Plan as determined under the second sentence of Section 3(a). Any such shares of Stock will not be available for future awards under the terms of the Company’s 2004 Equity Incentive Plan, as amended.” 

3. Except to the extent amended hereby, the terms and provisions of the Plan shall remain in full force and effect. 

 AMENDMENT NO. 2 TO INTERSEARCH GROUP, INC. 
 2005 EQUITY INCENTIVE PLAN 
 THIS AMENDMENT NO. 2 to the InterSearch
Group, Inc. (the “Company”) 2005 Equity Incentive Plan (the “Plan”) amends the Plan as set forth below effective as of July 27, 2006. All capitalized terms not specifically defined in this
Amendment shall have the meanings provided to them in the Plan. 
 NOW, THEREFORE, the Plan is hereby amended as follows: 

1. The third sentence of Section 4(f)(4) is hereby amended in its entirety to read as follows: 
 “Notwithstanding the foregoing, except as otherwise provided by the unanimous approval of the Board, such Options shall terminate on the earlier of:

 (A) ten years after the date of grant; 
 (B) ninety (90) calendar days after the Non-Employee Director ceases to be a director of the Company for any reason, including as a
result of the Non-Employee Director’s death, disability or retirement; or 
 (C) upon the Non-Employee Director’s
removal for Cause.” 
 2. Section 9 is hereby amended in its entirety to read as follows: 
 “In the event of any dividend or other distribution (whether in the form of cash, Stock, other securities, or other property), recapitalization,
stock split, reverse stock split, reorganization, merger, consolidation, split-up, spin-off, combination, repurchase, or exchange of Stock or other securities of the Company, issuance of warrants or other rights to purchase Stock or other securities
of the Company, or other similar corporate transaction or event affects the Stock, the Administrator shall adjust the Plan or Award in order to prevent dilution or enlargement of the benefits or potential benefits intended to be made available under
the Plan or Award. In such case, the Administrator may, in such manner as it may deem equitable, adjust any or all of (i) the number and type of Stock subject to the Plan and which thereafter may be made the subject of Awards under the Plan,
(ii) the number and type of Stock subject to outstanding Awards, and (iii) the grant, purchase, or exercise price with respect to any Award, or, if deemed appropriate, make provision for a cash payment to the holder of an outstanding
Award; 

  

 1 

 
provided, however, that any fractional shares resulting from the adjustment shall be eliminated. Notwithstanding the foregoing, with respect to Awards
of Incentive Stock Options no such adjustment shall be authorized to the extent that such authority would cause the Plan to violate Section 422(b) of the Code (or any successor provision thereto); and provided further that no such
adjustment shall cause any Award hereunder that is or becomes subject to Section 409A of the Code to fail to comply with the requirements of such section; and provided further that Nonqualified Stock Options subject to grant or
previously granted to Non-Employee Directors under Section 4(f) of the Plan at the time of any event described in the preceding sentence shall be subject to only such adjustments as shall be necessary to maintain the relative proportionate
interest represented thereby immediately prior to any such event and to preserve, without exceeding, the value of such Options.” 
 3.
Except to the extent amended hereby, the terms and provisions of the Plan shall remain in full force and effect. 
  

 2 

 AMENDMENT NO. 3 TO INTERSEARCH GROUP, INC. 
 2005 EQUITY INCENTIVE PLAN 
 THIS AMENDMENT NO. 3 to the InterSearch
Group, Inc. (the “Company”) 2005 Equity Incentive Plan (the “Plan”) amends the Plan as set forth below effective as of the effective date of the approval of the Board of Directors of the Company. 
 All capitalized terms not specifically defined in this Amendment shall have the meanings provided to them in the Plan. 
 NOW, THEREFORE, the Plan is hereby amended as follows: 
 1. The second sentence of Section 1(b)(12) of the Plan is hereby amended in its entirety to read as follows: 
 “(12) The term “Fair Market Value” shall mean, with respect to a share of Stock: (i) if the Stock is listed on one or more established stock exchanges or national market systems, including, without limitation, the
American Stock Exchange, The NASDAQ Global Select Market, The NASDAQ Global Market or The NASDAQ Capital Market of The NASDAQ Stock Market, or the New York Stock Exchange, its Fair Market Value shall be the closing sales price for such Stock (or the
closing bid, if no sales were reported) as quoted on the principal exchange or system on which the Stock is listed on the date of determination (or, if no closing sales price or closing bid was reported on that date, as applicable, on the last
trading date such closing sales price or closing bid was reported), as reported in The Wall Street Journal or such other source as the Administrator deems reliable; or (ii) if the Stock is regularly quoted on an automated quotation system
(including the OTC Bulletin Board) or by a recognized securities dealer, its Fair Market Value shall be the closing sales price for such stock as quoted on such system or by such securities dealer on the date of determination, but if selling prices
are not reported, the Fair Market Value of a share of Stock shall be the mean between the high bid and low asked prices for the Stock on the date of determination (or, if no such prices were reported on that date, on the last date such prices were
reported), as reported in The Wall Street Journal or such other source as the Administrator deems reliable; or (iii) in the absence of an established market for the Stock of the type described in (i) and (ii), above, the Fair Market Value
shall be determined by the Administrator in good faith.” 
 2. Except to the extent amended hereby, the terms and provisions of the Plan shall remain in
full force and effect. 

 THE SECURITY REPRESENTED BY THIS CERTIFICATE HAS BEEN ACQUIRED FOR INVESTMENT AND NOT WITH A VIEW TO, OR IN CONNECTION
WITH, THE SALE OR DISTRIBUTION THEREOF. NO SUCH SALE OR DISPOSITION MAY BE EFFECTED WITHOUT AN EFFECTIVE REGISTRATION STATEMENT RELATED THERETO OR AN OPINION OF COUNSEL SATISFACTORY TO THE COMPANY THAT SUCH REGISTRATION IS NOT REQUIRED UNDER THE
SECURITIES ACT OF 1933, AS AMENDED. 
  

 INTERSEARCH GROUP, INC. 
 INCENTIVE STOCK OPTION AGREEMENT 
 InterSearch Group, Inc., a Florida corporation (the “Company”), hereby grants to the individual named below an option (the
“Option Agreement”) to purchase certain shares of                      Stock of the Company pursuant to the InterSearch
Group, Inc. 2005 Equity Incentive Plan, in the manner and subject to the provisions of this Option Agreement. Capitalized terms used but not defined herein shall have the meaning given to them in the Plan. 
  

	1.	Definitions: 

  

	 	(a)	“Code” shall mean the Internal Revenue Code of 1986, as amended. (All references to Sections of the Code are to such Sections as they may from time to time be
amended or renumbered.) 

  

	 	(b)	“Company” shall mean InterSearch Group, Inc., a Florida corporation, and any successor corporation thereto. 

  

	 	(c)	“Date of Option Grant” shall mean                     
         , 200    . 

  

	 	(d)	“Disability” shall mean disability within the meaning of Section 22(e)(3) of the Code, as determined by the Board in its sole discretion under procedures
established by the Board of Directors of the Company. 

  

	 	(e)	“Exercise Price” shall mean
                    ($            ) per share as adjusted from
time to time pursuant to the Plan. 

  

	 	(f)	“Number of Option Shares” shall mean
                    (            ) shares of
                    Stock of the Company as adjusted from time to time pursuant to the Plan. 

  

	 	(g)	“Option Term Date” shall mean the date ten (10) years after the Date of Option Grant. 

  

	 	(h)	“Optionee” shall mean                     .

	 	(i)	“Participating Company” shall mean (i) the Company and (ii) any present or future parent and/or subsidiary corporation of the Company while such
corporation is a parent or subsidiary of the Company. For purposes of this Option Agreement, a parent corporation and a subsidiary corporation shall be as defined in Sections 424(e) and 424(f) of the Code. 

  

	 	(j)	“Participating Company Group” shall mean at any point in time all corporations collectively which are then a Participating Company. 

  

	 	(k)	“Plan” shall mean the InterSearch Group, Inc. 2005 Equity Incentive Plan, as amended from time to time. 

  

	2.	Status of the Option. This Option is intended to be an incentive stock option as described in Section 422 of the Code, but the Company does not represent or warrant that
this Option qualifies as such. The Optionee should consult with the Optionee’s own tax advisors regarding the tax effects of this Option and the requirements necessary to obtain favorable income tax treatment under Section 422 of the Code,
including, but not limited to, holding period requirements. 

  

	3.	Administration. All questions of interpretation concerning this Option Agreement shall be determined by the Board of Directors of the Company (the “Board”)
and/or by a duly appointed committee of the Board having such powers as shall be specified by the Board. Any subsequent references herein to the Board shall also mean the committee if such committee has been appointed and, unless the powers of the
committee have been specifically limited, the committee shall have all of the powers of the Board granted in the Plan, other than the power to terminate or amend the Plan as provided in the Plan, subject to the terms of the Plan and any applicable
limitations imposed by law. All determinations by the Board shall be final and binding upon all persons having an interest in the Option. Any officer of a Participating Company shall have the authority to act on behalf of the Company with respect to
any matter, right, obligation or election which is the responsibility of or which is allocated to the Company herein, provided the officer has apparent authority with respect to such matter, right, obligation or election. 

 

	4.	Exercise and Vesting of the Option. 

  

	 	(a)	Right to Exercise. The Option shall vest and become exercisable from time to time, subject to the schedule set forth below, in whole or in part, and subject to the
termination provisions of Paragraphs 6 and 7 hereof: 

  

	 	(i)	On or after                     , the Option shall be vested and may be
exercised to purchase up to                     % of the Number of Option Shares. 

	 	(ii)	Thereafter, on each [day/month] beginning on                     ,
the Option shall vest with respect to                     % of the Number of Option Shares. This provision shall be interpreted such that on
or after                     , the Option shall be vested and may be exercised with respect to 100% of the Number of Option Shares (assuming
that none of the Options have been previously exercised). 

 The schedule set forth above is cumulative, so that shares as to
which the Option has become exercisable on and after a date indicated by the schedule may be purchased pursuant to exercise of the Option at any subsequent date prior to termination of the Option. The Option may be exercised at any time and from
time to time to purchase up to the number of shares as to which it is then exercisable. 
 Notwithstanding the foregoing, if the aggregate
fair market value, determined as of the Date of Option Grant, of the stock with respect to which the Optionee may exercise incentive stock options (determined without regard to this provision) for the first time during any calendar year (under this
Plan or under any other plan of the Participating Company Group), as determined in accordance with Section 422(d) of the Code, shall exceed one hundred thousand dollars ($100,000), the Option shall be deemed a nonqualified stock option to the
extent of such excess. 
  

	 	(b)	Method of Exercise. The Option shall be exercised by written notice to the Company in the form of Exhibit A hereto stating the election to exercise the Option, the
Number of Option Shares for which the Option is being exercised and such other representations and agreements as to the Optionee’s investment intent with respect to such shares as may be required by the Company. The written notice must be
signed by the Optionee and must be delivered in person or by certified or registered mail, return receipt requested, to the Chief Financial Officer of the Company, or other authorized representative of the Participating Company Group, prior to the
termination of the Option as set forth in Paragraph 6 hereof, accompanied by (i) full payment of the exercise price for the number of shares being purchased and (ii) an executed copy, if required herein, of the then current form of joint
escrow instructions referenced below. 

  

	 	(c)	Form of Payment of Option Price. Such payment shall be made in cash, check or cash equivalent or in any other form as may be permitted by the Board in its sole discretion.

  

	 	(d)	 Withholding. At the time the Option is exercised, in whole or in part, or at any time thereafter as requested by the Company, the Optionee hereby authorizes
payroll withholding and otherwise agrees to make adequate provision for foreign, federal and state tax withholding obligations of the Company, if any, which arise in connection with the Option, including, without limitation, obligations arising upon
(i) the exercise, in whole or in part, of the Option, (ii) the transfer, in whole or in part, of any shares acquired on exercise of the Option, (iii) the operation of any law or regulation 

	 	 
providing for the imputation of interest, or (iv) the lapsing of any restriction with respect to any shares acquired on exercise of the Option.

  

	 	(e)	Certificate Registration. The certificate or certificates for the shares as to which the Option shall be exercised shall be registered in the name of the Optionee, or, if
applicable, the heirs of the Optionee. 

  

	 	(f)	Restrictions on Grant of the Option and Issuance of Shares. The grant of the Option and the issuance of the shares upon exercise of the Option shall be subject to compliance
with all applicable requirements of federal or state law with respect to such securities. The Option may not be exercised if the issuance of shares upon such exercise would constitute a violation of any applicable federal or state securities laws or
other law or regulations. In addition, no Option may be exercised unless (i) a registration statement under the Securities Act of 1933, as amended (the “Securities Act”), shall at the time of exercise of the Option be in effect
with respect to the shares issuable upon exercise of the Option or (ii) in the opinion of legal counsel to the Company, the shares issuable upon exercise of the Option may be issued in accordance with the terms of an applicable exemption from
the registration requirements of the Securities Act. 

 THE OPTIONEE IS CAUTIONED THAT THE OPTION MAY NOT BE EXERCISABLE
UNLESS THE FOREGOING CONDITIONS ARE SATISFIED. ACCORDINGLY, THE OPTIONEE MAY NOT BE ABLE TO EXERCISE THE OPTION WHEN DESIRED EVEN THOUGH THE OPTION IS VESTED. 
 As a condition to the exercise of the Option, the Company may require the Optionee to satisfy any qualifications that may be necessary or appropriate, to evidence compliance with any applicable law or regulation and
to make any representation or warranty with respect thereto as may be requested by the Company. 
  

	 	(g)	Fractional Shares. The Company shall not be required to issue fractional shares upon the exercise of the Option. 

  

	5.	Non-Transferability of the Option. The Option may be exercised during the lifetime of the Optionee only by the Optionee and may not be assigned or transferred in any manner
except by will or by the laws of descent and distribution. 

  

	6.	Termination of the Option. The Option shall terminate and may no longer be exercised on the first to occur of (a) the Option Term Date as defined above or (b) the
last date for exercising the Option following termination of employment as described in Paragraph 7 hereof. 

	7.	Termination of Employment. 

  

	 	(a)	Termination of the Option. Except as otherwise provided in the Plan, if the Optionee ceases to be an employee of the Participating Company Group for any reason except death
or Disability, the Option, to the extent unexercised and exercisable by the Optionee on the date on which the Optionee ceased to be an employee, may be exercised by the Optionee within three (3) months after the date on which the
Optionee’s employment terminates, but in any event no later than the Option Term Date. If the Optionee’s employment with the Participating Company Group is terminated because of the death or Disability of the Optionee, the Option, to the
extent unexercised and exercisable by the Optionee on the date on which the Optionee ceased to be an employee, may be exercised by the Optionee (or the Optionee’s legal representative) at any time prior to the expiration of twelve
(12) months from the date the Optionee’s employment terminated, but in any event no later than the Option Term Date. The Optionee’s employment shall be deemed to have terminated on account of death if the Optionee dies within three
(3) months after the Optionee’s termination of employment. This Paragraph shall be interpreted such that the Option ceases to vest on the date on which the Optionee ceases to be an employee of the Participating Company Group (pursuant to
this Paragraph 7) for any reason, notwithstanding any period after such cessation of employment during which the Option may remain exercisable as provided in this Paragraph 7. 

  

	 	(b)	Termination of Employment Defined. For purposes of this Paragraph 7, the Optionee’s employment shall be deemed to have terminated either upon an actual termination of
employment or upon the Optionee’s employer ceasing to be a Participating Company. 

  

	 	(c)	Exercise Prevented by Law. Except as provided in this Paragraph 7, the Option shall terminate and may not be exercised after the Optionee’s employment with the
Participating Company Group terminates unless the exercise of the Option in accordance with this Paragraph 7 is prevented by the provisions of Paragraph 4(f) hereof. If the exercise of the Option is so prevented, the Option shall remain exercisable
until three (3) months after the date the Optionee is notified by the Company that the Option is exercisable, but in any event no later than the Option Term Date. 

  

	 	(d)	Optionee Subject to Section 16(b). Notwithstanding the foregoing, if the exercise of the Option within the applicable time periods set forth above would subject the
Optionee to suit under Section 16(b) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), the Option shall remain exercisable until the earliest to occur of (i) the tenth (10th) day following the
date on which the Optionee would no longer be subject to such suit, (ii) the one hundred and ninetieth (190th) day after the Optionee’s termination of employment, or (iii) the Option Term Date. 

	 	(e)	Leave of Absence. For purposes hereof, the Optionee’s employment with the Participating Company Group shall not be deemed to terminate if the Optionee takes any military
leave, sick leave, or other bona fide leave of absence approved by the Company of ninety (90) days or less. In the event of a leave in excess of ninety (90) days, the Optionee’s employment shall be deemed to terminate on the
ninety-first (91st) day of the leave unless the Optionee’s right to reemployment with the Participating Company Group remains guaranteed by statute or contract. 

  

	8.	Rights as a Stockholder or Employee. The Optionee shall have no rights as a stockholder with respect to any shares covered by the Option until the date of the issuance of a
certificate or certificates for the shares for which the Option has been exercised. No adjustment shall be made for dividends or distributions or other rights for which the record date is prior to the date such certificate or certificates are
issued, except as provided in the Plan. Nothing in the Option shall confer upon the Optionee any right to continue in the employ of a Participating Company or interfere in any way with any right of the Participating Company Group to terminate the
Optionee’s employment at any time. 

  

	9.	Notice of Sales Upon Disqualifying Disposition. The Optionee shall dispose of the shares acquired pursuant to the Option only in accordance with the provisions of this Option
Agreement. In addition, the Optionee shall promptly notify the Chief Financial Officer of the Company if the Optionee disposes of any of the shares acquired pursuant to the Option within one (1) year from the date the Optionee exercises all or
part of the Option or within two (2) years of the date of grant of the Option. Until such time as the Optionee disposes of such shares in a manner consistent with the provisions of this Option Agreement, the Optionee shall hold all shares
acquired pursuant to the Option in the Optionee’s name (and not in the name of any nominee) for the one-year period immediately after exercise of the Option and the two-year period immediately after grant of the Option. At any time during the
one-year or two-year periods set forth above, the Company may place a legend or legends on any certificate or certificates representing shares acquired pursuant to the Option requesting the transfer agent for the Company’s stock to notify the
Company of any such transfers. The obligation of the Optionee to notify the Company of any such transfer shall continue notwithstanding that a legend has been placed on the certificate or certificates pursuant to the preceding sentence.

  

	10.	Legends. The Company may at any time place legends referencing any applicable federal or state securities law restriction on all certificates representing shares of stock
subject to the provisions of this Option Agreement. The Optionee shall, at the request of the Company, promptly present to the Company any and all certificates representing shares of stock acquired pursuant to the Option in the possession of the
Optionee in order to effectuate the provisions of this Paragraph. Unless otherwise specified by the Company, legends placed on such certificates may include, but shall not be limited to, the following: 

  

	 	(a)	 THE SHARES REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, AND MAY NOT BE SOLD, TRANSFERRED, ASSIGNED OR
HYPOTHECATED UNLESS THERE IS AN EFFECTIVE 

	 	 
REGISTRATION STATEMENT UNDER SUCH ACT COVERING SUCH SHARES, THE SALE IS MADE IN ACCORDANCE WITH RULE 144 OR RULE 701 UNDER THE ACT, OR THE CORPORATION
RECEIVES AN OPINION OF COUNSEL FOR THE HOLDER OF THESE SHARES REASONABLY SATISFACTORY TO THE CORPORATION, STATING THAT SUCH SALE, TRANSFER ASSIGNMENT OR HYPOTHECATION IS EXEMPT FROM THE REGISTRATION AND PROSPECTUS DELIVERY REQUIREMENTS OF SUCH
ACT. 

  

	 	(b)	THE SHARES EVIDENCED BY THIS CERTIFICATE WERE ISSUED BY THE CORPORATION TO THE REGISTERED HOLDER UPON EXERCISE OF AN INCENTIVE STOCK OPTION AS DEFINED IN SECTION 422 OF THE
INTERNAL REVENUE CODE OF 1986, AS AMENDED. THE TRANSFER AGENT FOR THE SHARES EVIDENCED HEREBY SHALL NOTIFY THE CORPORATION IMMEDIATELY OF ANY TRANSFER OF THE SHARES BY THE REGISTERED HOLDER HEREOF MADE ON OR BEFORE THE REGISTERED HOLDER SHALL HOLD
ALL SHARES PURCHASED UNDER THE OPTION IN THE REGISTERED HOLDER’S NAME (AND NOT IN THE NAME OF ANY NOMINEE) FOR A PERIOD OF ONE YEAR FROM THE DATE OF EXERCISE OF THE OPTION OR TWO YEARS FROM THE DATE OF GRANT OF THE OPTION.

  

	11.	Initial Public Offering. The Optionee hereby agrees that in the event of an Initial Public Offering of stock made by the Company under the Securities Act, the Optionee shall
not offer, sell, contract to sell, pledge, hypothecate, grant any option to purchase or make any short sale of, or otherwise dispose of any shares of stock of the Company or any rights to acquire stock of the Company for such period of time as may
be established by the underwriter for such initial public offering; provided, however, that such period of time shall not exceed one hundred eighty (180) days from the effective date of the registration statement to be filed in connection with
such initial public offering. The foregoing limitation shall not apply to shares registered under the Securities Act. 

  

	12.	Binding Effect. This Option Agreement shall inure to the benefit of and be binding upon the parties hereto and their respective heirs, executors, administrators, successors
and assigns. 

  

	13.	Termination or Amendment. The Board may terminate or amend this Option Agreement at any time; provided, however, that no such termination or amendment may adversely affect
the Option or any unexercised portion hereof without the consent of the Optionee unless such amendment is required to enable the Option to qualify as an Incentive Stock Option or to comply with any change in law or tax and accounting rules,
including the provisions of Code Section 409A. 

	14.	Integrated Agreement. This Option Agreement and the Plan constitutes the entire understanding and agreement of the Optionee and the Participating Company Group with respect
to the subject matter contained herein, and there are no other agreements, understandings, restrictions, representations, or warranties among the Optionee and the Company with respect to the subject matter contained herein other than those as set
forth or provided for herein. To the extent contemplated herein, the provisions of this Option Agreement shall survive any exercise of the Option and shall remain in full force and effect. 

  

	15.	Terms and Conditions of Plan. The terms and conditions included in the Plan are incorporated by reference herein, and to the extent that any conflict may exist between any
term or provision of this Option Agreement and any term or provision of the Plan, the term or provision of the Plan shall control. 

  

	16.	Applicable Law. This Option Agreement shall be governed by the laws of the State of Florida as such laws are applied to agreements entered into and performed entirely within
the State of Florida and without regard to the rules of such State regarding choice of laws. 

  

	17.	Effect of Certain Transactions. Notwithstanding anything to contrary in this Option Agreement, in the event that the Optionee has entered into a nondisclosure, invention
and/or non-competition agreement with the Company, either separately or as part of an employment agreement, and the Optionee breaches any such agreement, the Optionee shall forfeit all of Number of Option Shares granted pursuant to this Option
Agreement, whether or not vested or exercisable. 

 [THE REMAINDER OF THIS PAGE IS INTENTIONALLY LEFT BLANK. 
 SIGNATURE PAGES TO FOLLOW.] 

 SEPARATE SIGNATURE PAGE TO INTERSEARCH GROUP, INC. 
 INCENTIVE STOCK OPTION AGREEMENT 
  

			
	INTERSEARCH GROUP, INC.
		
	By:	 	  
		 	Daniel O’Donnell
		 	President

 The Optionee represents that the Optionee is familiar with the terms and provisions of this Option
Agreement and hereby accepts the Option Agreement subject to all of the terms and provisions thereof. The Optionee hereby agrees to accept as binding, conclusive and final all decisions or interpretations of the Board of Directors of the Company
made in good faith upon any questions arising under this Option Agreement. 
 The undersigned hereby acknowledges receipt of a copy of the
Plan. 
  

									
					
	Date:	 	  	 		 		 	  
		 		 		 		 	[Name of Optionee]

 EXHIBIT A 
 [Date] 
 InterSearch Group, Inc. 
 ______________________ 
 ______________________ 
 Attn:
President 
  

	 	Re:	Exercise of Incentive Stock Option 

 Dear Sirs: 
 Pursuant to the terms and conditions of the Incentive Stock Option Agreement dated as of
                             , 200    (the
“Agreement”), between                    (“Optionee”) and InterSearch Group, Inc. (the
“Company”), Optionee hereby agrees to purchase                     shares (the “Shares”) of the
                    Stock of the Company and tender payment in full for such shares in accordance with the terms of the Agreement. 

The Shares are being issued to Optionee in a transaction not involving a public offering and pursuant to an exemption from registration under the
Securities Act of 1933, as amended (the “1933 Act”). In connection with such purchase, Optionee represents, warrants and agrees as follows: 
  

	 	1.	The Shares are being purchased for the Optionee’s own account and not for the account of any other person, with the intent of holding the Shares for investment and not with the
intent of participating, directly or indirectly, in a distribution or resale of the Shares or any portion thereof. 

  

	 	2.	The Optionee is not acquiring the Shares based upon any representation, oral or written, by any person with respect to the future value of, or income from, the Shares, but rather
upon independent examination and judgment as to the prospects of the Company. 

  

	 	3.	The Optionee has had complete access to and the opportunity to review all material documents related to the business of the Company, has examined all such documents as the Optionee
desired, is familiar with the business and affairs of the Company and realizes that any purchase of the Shares is a speculative investment and that any possible profit therefrom is uncertain. 

  

	 	4.	The Optionee has had the opportunity to ask questions of and receive answers from the Company and its executive officers and to obtain all information necessary for the Optionee to
make an informed decision with respect to the investment in the Company represented by the Shares. 

	 	5.	The Optionee is able to bear the economic risk of any investment in the Shares, including the risk of a complete loss of the investment, and the Optionee acknowledges that he or she
may need to continue to bear the economic risk of the investment in the Shares for an indefinite period. 

  

	 	6.	The Optionee understands and agrees that the Shares are being issued and sold to the Optionee without registration under any state or federal laws relating to the registration of
securities, in reliance upon exemptions from registration under appropriate state and federal laws based in part upon the representations of the Optionee made herein. 

  

	 	7.	The Company is under no obligation to register the Shares or to comply with any exemption available for sale of the Shares by the Optionee without registration, and the Company is
under no obligation to act in any manner so as to make Rule 144 promulgated under the 1933 Act available with respect to any sale of the Shares by the Optionee. 

  

	 	8.	The Optionee has not relied upon the Company or an employee or agent of the Company with respect to any tax consequences related to exercise of this Option or the disposition of the
Shares. The Optionee assumes full responsibility for all such tax consequences and the filing of all tax returns and elections the Optionee may be required to or find desirable to file in connection therewith. 

  

	
	Very truly yours,
	
	   
	[Name of Optionee]
	
	[Address of Optionee]

 THE SECURITY REPRESENTED BY THIS CERTIFICATE HAS BEEN ACQUIRED FOR INVESTMENT AND NOT WITH A VIEW TO, OR IN CONNECTION
WITH, THE SALE OR DISTRIBUTION THEREOF. NO SUCH SALE OR DISPOSITION MAY BE EFFECTED WITHOUT AN EFFECTIVE REGISTRATION STATEMENT RELATED THERETO OR AN OPINION OF COUNSEL SATISFACTORY TO THE COMPANY THAT SUCH REGISTRATION IS NOT REQUIRED UNDER THE
SECURITIES ACT OF 1933, AS AMENDED. 
  

 INTERSEARCH GROUP, INC. 
 NONQUALIFIED STOCK OPTION AGREEMENT 
 InterSearch Group, Inc., a Florida corporation (the “Company”), hereby grants to the individual named below an option (the
“Option Agreement”) to purchase certain shares of                     Stock of the Company pursuant to the InterSearch Group,
Inc. 2005 Equity Incentive Plan, in the manner and subject to the provisions of this Option Agreement. Capitalized terms used but not defined herein shall have the meaning given to them in the Plan. 
  

	1.	Definitions: 

  

	 	(a)	“Code” shall mean the Internal Revenue Code of 1986, as amended. (All references to Sections of the Code are to such Sections as they may from time to time be
amended or renumbered.) 

  

	 	(b)	“Company” shall mean InterSearch Group, Inc., a Florida corporation, and any successor corporation thereto. 

  

	 	(c)	“Date of Option Grant” shall mean
                    , 200    . 

  

	 	(d)	“Disability” shall mean disability within the meaning of Section 22(e)(3) of the Code, as determined by the Board in its sole discretion under procedures
established by the Board of Directors of the Company. 

  

	 	(e)	“Exercise Price” shall mean                     
($            ) per share, as adjusted from time to time pursuant to the Plan. 

  

	 	(f)	“Number of Option Shares” shall mean
                     (            ) shares of
             Stock of the Company as adjusted from time to time pursuant to the Plan. 

  

	 	(g)	“Option Term Date” shall mean                     .

  

	 	(h)	“Optionee” shall mean                     .

	 	(i)	“Participating Company” shall mean (i) the Company and (ii) any present or future parent and/or subsidiary corporation of the Company while such
corporation is a parent or subsidiary of the Company. For purposes of this Option Agreement, a parent corporation and a subsidiary corporation shall be as defined in Sections 424(e) and 424(f) of the Code. 

  

	 	(j)	“Participating Company Group” shall mean at any point in time all corporations collectively which are then a Participating Company. 

  

	 	(k)	“Plan” shall mean the InterSearch Group, Inc. 2005 Equity Incentive Option Plan, as amended from time to time. 

  

	2.	Nonqualified Stock Option. This Option is intended to be a nonqualified stock option. The Optionee should consult with the Optionee’s own tax advisors regarding the tax
effects of this Option. 

  

	3.	Administration. All questions of interpretation concerning this Option Agreement shall be determined by the Board of Directors of the Company (the “Board”)
and/or by a duly appointed committee of the Board having such powers as shall be specified by the Board. Any subsequent references herein to the Board shall also mean the committee if such committee has been appointed and, unless the powers of the
committee have been specifically limited, the committee shall have all of the powers of the Board granted in the Plan, other than the power to terminate or amend the Plan as provided in the Plan, subject to the terms of the Plan and any applicable
limitations imposed by law. All determinations by the Board shall be final and binding upon all persons having an interest in the Option. Any officer of a Participating Company shall have the authority to act on behalf of the Company with respect to
any matter, right, obligation or election which is the responsibility of or which is allocated to the Company herein, provided the officer has apparent authority with respect to such matter, right, obligation or election. 

 

	4.	Exercise and Vesting of the Option. 

  

	 	(a)	Right to Exercise. The Option shall vest and become exercisable from time to time, subject to the schedule set forth below, in whole or in part, and subject to the
termination provisions of Paragraph 6 hereof and the Optionee’s agreement that any shares purchased upon exercise are subject to the Company’s repurchase rights set forth in Paragraph 9 hereof: 

  

	 	(i)	On or after                     , the Option shall be vested and may be
exercised to purchase up to             % of the Number of Option Shares. 

  

	 	(ii)	Thereafter, on each [day/month] beginning on                     ,
the Option shall vest with respect to             % of the Number of Option Shares. This provision shall be interpreted such that on or after
                    , the Option shall be vested and may be exercised with respect to 100% of the Number of Option Shares (assuming that none
of the Options have been previously exercised). 

  

 2 

 The schedule set forth above is cumulative, so that shares as to which the Option has become exercisable
on and after a date indicated by the schedule may be purchased pursuant to exercise of the Option at any subsequent date prior to termination of the Option. The Option may be exercised at any time and from time to time to purchase up to the number
of shares as to which it is then exercisable. 
  

	 	(b)	Method of Exercise. The Option shall be exercised by written notice to the Company in the form of Exhibit A hereto stating the election to exercise the Option, the
Number of Option Shares for which the Option is being exercised and such other representations and agreements as to the Optionee’s investment intent with respect to such shares as may be required by the Company. The written notice must be
signed by the Optionee and must be delivered in person or by certified or registered mail, return receipt requested, to the Chief Financial Officer of the Company, or other authorized representative of the Participating Company Group, prior to the
termination of the Option as set forth in Paragraph 6 below, accompanied by (i) full payment of the exercise price for the number of shares being purchased and (ii) an executed copy, if required herein, of the then current form of joint
escrow instructions referenced below. 

  

	 	(c)	Form of Payment of Option Price. Such payment shall be made in cash, check or cash equivalent or in any other form as may be permitted by the Board in its sole discretion.

  

	 	(d)	Withholding. At the time the Option is exercised, in whole or in part, or at any time thereafter as requested by the Company, the Optionee hereby authorizes payroll
withholding and otherwise agrees to make adequate provision for foreign, federal and state tax withholding obligations of the Company, if any, which arise in connection with the Option, including, without limitation, obligations arising upon
(i) the exercise, in whole or in part, of the Option, (ii) the transfer, in whole or in part, of any shares acquired on exercise of the Option, (iii) the operation of any law or regulation providing for the imputation of interest, or
(iv) the lapsing of any restriction with respect to any shares acquired on exercise of the Option. 

  

	 	(e)	Certificate Registration. The certificate or certificates for the shares as to which the Option shall be exercised shall be registered in the name of the Optionee, or, if
applicable, the heirs of the Optionee. 

  

	 	(f)	 Restrictions on Grant of the Option and Issuance of Shares. The grant of the Option and the issuance of the shares upon exercise of the Option shall be
subject to compliance with all applicable requirements of federal or state law with respect to such securities. The Option may not be exercised if the issuance of shares upon such exercise would constitute a violation of any applicable federal or
state securities laws or other law or regulations. In addition, no Option may be exercised 

  

 3 

	 	 
unless (i) a registration statement under the Securities Act of 1933, as amended (the “Securities Act”), shall at the time of exercise
of the Option be in effect with respect to the shares issuable upon exercise of the Option or (ii) in the opinion of legal counsel to the Company, the shares issuable upon exercise of the Option may be issued in accordance with the terms of an
applicable exemption from the registration requirements of the Securities Act. 

 THE OPTIONEE IS CAUTIONED THAT THE
OPTION MAY NOT BE EXERCISABLE UNLESS THE FOREGOING CONDITIONS ARE SATISFIED. ACCORDINGLY, THE OPTIONEE MAY NOT BE ABLE TO EXERCISE THE OPTION WHEN DESIRED EVEN THOUGH THE OPTION IS VESTED. 
 As a condition to the exercise of the Option, the Company may require the Optionee to satisfy any qualifications that may be necessary or appropriate, to
evidence compliance with any applicable law or regulation and to make any representation or warranty with respect thereto as may be requested by the Company. 
  

	 	(g)	Fractional Shares. The Company shall not be required to issue fractional shares upon the exercise of the Option. 

  

	5.	Non-Transferability of the Option. The Option may be exercised during the lifetime of the Optionee only by the Optionee and may not be assigned or transferred in any manner
except by will or by the laws of descent and distribution. 

  

	6.	Termination of the Option. The Option shall terminate and may no longer be exercised on the Option Term Date as defined above. 

  

	7.	Rights as a Stockholder or Employee. The Optionee shall have no rights as a stockholder with respect to any shares covered by the Option until the date of the issuance of a
certificate or certificates for the shares for which the Option has been exercised. No adjustment shall be made for dividends or distributions or other rights for which the record date is prior to the date such certificate or certificates are
issued, except as provided in the Plan. Nothing in the Option shall confer upon the Optionee any right to be employed by, or to continue in the employment of, a Participating Company or interfere in any way with any right of the Participating
Company Group to terminate the Optionee’s employment at any time. 

  

	8.	 Legends. The Company may at any time place legends referencing any applicable federal or state securities law restriction on all certificates representing
shares of stock subject to the provisions of this Option Agreement. The Optionee shall, at the request of the Company, promptly present to the Company any and all certificates representing shares of stock acquired pursuant 

  

 4 

	 	 
to the Option in the possession of the Optionee in order to effectuate the provisions of this Paragraph. Unless otherwise specified by the Company, legends
placed on such certificates may include, but shall not be limited to, the following: 

 THE SHARES REPRESENTED BY THIS
CERTIFICATE HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, AND MAY NOT BE SOLD, TRANSFERRED, ASSIGNED OR HYPOTHECATED UNLESS THERE IS AN EFFECTIVE REGISTRATION STATEMENT UNDER SUCH ACT COVERING SUCH SHARES, THE SALE IS MADE
IN ACCORDANCE WITH RULE 144 OR RULE 701 UNDER THE ACT, OR THE CORPORATION RECEIVES AN OPINION OF COUNSEL FOR THE HOLDER OF THESE SHARES REASONABLY SATISFACTORY TO THE CORPORATION, STATING THAT SUCH SALE, TRANSFER, ASSIGNMENT OR HYPOTHECATION IS
EXEMPT FROM THE REGISTRATION AND PROSPECTUS DELIVERY REQUIREMENTS OF SUCH ACT. 
  

	9.	Initial Public Offering. The Optionee hereby agrees that in the event of an Initial Public Offering of stock made by the Company under the Securities Act, the Optionee shall
not offer, sell, contract to sell, pledge, hypothecate, grant any option to purchase or make any short sale of, or otherwise dispose of any shares of stock of the Company or any rights to acquire stock of the Company for such period of time as may
be established by the underwriter for such initial public offering; provided, however, that such period of time shall not exceed one hundred eighty (180) days from the effective date of the registration statement to be filed in connection with
such initial public offering. The foregoing limitation shall not apply to shares registered under the Securities Act. 

  

	10.	Binding Effect. This Option Agreement shall inure to the benefit of and be binding upon the parties hereto and their respective heirs, executors, administrators, successors
and assigns. 

  

	11.	Termination or Amendment. The Board may terminate or amend this Option Agreement at any time; provided, however, that no such termination or amendment may adversely affect
the Option or any unexercised portion hereof without the consent of the Optionee, unless such amendment is required to comply with any change in law or tax and accounting rules, including the provisions of Code Section 409A.

  

	12.	Integrated Agreement. This Option Agreement and the Plan constitutes the entire understanding and agreement of the Optionee and the Participating Company Group with respect
to the subject matter contained herein, and there are no other agreements, understandings, restrictions, representations, or warranties among the Optionee and the Company with respect to the subject matter contained herein other than those as set
forth or provided for herein. To the extent contemplated herein, the provisions of this Option Agreement shall survive any exercise of the Option and shall remain in full force and effect. 

  

 5 

	13.	Terms and Conditions of Plan. The terms and conditions included in the Plan are incorporated by reference herein, and to the extent that any conflict may exist between any
term or provision of this Option Agreement and any term or provision of the Plan, the term or provision of the Plan shall control. 

  

	14.	Applicable Law. This Option Agreement shall be governed by the laws of the State of Florida as such laws are applied to agreements entered into and performed entirely within
the State of Florida and without regard to the rules of such State regarding choice of laws. 

  

 6 

 SEPARATE SIGNATURE PAGE TO INTERSEARCH GROUP, INC. 
 NONQUALIFIED STOCK OPTION AGREEMENT 
  

			
	INTERSEARCH GROUP, INC.
		
	By:	 	  
		 	 Daniel O’Donnell
 President

 The Optionee represents that the Optionee is familiar with the terms and provisions of this Option Agreement and hereby
accepts the Option Agreement subject to all of the terms and provisions thereof. The Optionee hereby agrees to accept as binding, conclusive and final all decisions or interpretations of the Board of Directors of the Company made in good faith upon
any questions arising under this Option Agreement. 
 The undersigned hereby acknowledges receipt of a copy of the Plan. 
  

									
					
	Date:	 	  	 		 		 	  
		 		 		 		 	[Name of Optionee]

 EXHIBIT A 
 [Date] 
 InterSearch Group, Inc. 
 __________________________ 
 __________________________ 
 Attn: President 
  

	 	Re:	Exercise of Non-Qualified Stock Option 

 Dear Sirs: 
 Pursuant to the terms and conditions of the Non-Qualified Stock Option Agreement dated as of
                    , 200    , (the “Agreement”), between
                     (“Optionee”) and InterSearch Group, Inc. (the “Company”), the Optionee hereby agrees to
purchase              shares (the “Shares”) of the
                     Stock of the Company and tender payment in full for such shares in accordance with the terms of the Agreement.

 The Shares are being issued to Optionee in a transaction not involving a public offering and pursuant to an exemption from registration
under the Securities Act of 1933, as amended (the “1933 Act”). In connection with such purchase, Optionee represents, warrants and agrees as follows: 
  

	 	1.	The Shares are being purchased for the Optionee’s own account, and not for the account of any other person, with the intent of holding the Shares for investment and not with
the intent of participating, directly or indirectly, in a distribution or resale of the Shares or any portion thereof. 

  

	 	2.	The Optionee is not acquiring the Shares based upon any representation, oral or written, by any person with respect to the future value of, or income from, the Shares, but rather
upon independent examination and judgment as to the prospects of the Company. 

  

	 	3.	The Optionee has had complete access to and the opportunity to review all material documents related to the business of the Company, has examined all such documents as the Optionee
desired, is familiar with the business and affairs of the Company and realizes that any purchase of the Shares is a speculative investment and that any possible profit therefrom is uncertain. 

  

	 	4.	The Optionee has had the opportunity to ask questions of and receive answers from the Company and its executive officers and to obtain all information necessary for the Optionee to
make an informed decision with respect to the investment in the Company represented by the Shares. 

	 	5.	The Optionee is able to bear the economic risk of any investment in the Shares, including the risk of a complete loss of the investment, and the Optionee acknowledges that he or she
may need to continue to bear the economic risk of the investment in the Shares for an indefinite period. 

  

	 	6.	The Optionee understands and agrees that the Shares are being issued and sold to the Optionee without registration under any state or federal laws relating to the registration of
securities, in reliance upon exemptions from registration under appropriate state and federal laws based in part upon the representations of the Optionee made herein. 

  

	 	7.	The Company is under no obligation to register the Shares or to comply with any exemption available for sale of the Shares by the Optionee without registration, and the Company is
under no obligation to act in any manner so as to make Rule 144 promulgated under the 1933 Act available with respect to any sale of the Shares by the Optionee. 

  

	 	8.	The Optionee has not relied upon the Company or an employee or agent of the Company with respect to any tax consequences related to exercise of this Option or the disposition of the
Shares. The Optionee assumes full responsibility for all such tax consequences and the filing of all tax returns and elections the Optionee may be required to or find desirable to file in connection therewith. 

  

	
	Very truly yours,
	
	   
	[Name of Optionee]
	
	  
	  
	  
	(Address)

  

 2

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