Document:

EX-10.1

 Exhibit 10.1 

SEPARATION AND GENERAL RELEASE AGREEMENT 

This Separation and General Release Agreement (the “Agreement”) is being entered into by and between Local Corporation
(“Employer” or the “Company”) and Heath Clarke (“Employee”) (collectively the “Parties”) as of the date of Employee’s execution of this Agreement (the “Date of this Agreement”). 

WHEREAS, the Parties previously entered into that certain Third Amended and Restated Employment Agreement (the “Employment
Agreement”) dated December 15, 2011; 
 WHEREAS, the Parties have agreed to end the employment relationship and this Agreement
shall serve as Employer’s notice to Employee that Employer is terminating the employment of Employee without Cause pursuant to Section 5.2(b) of the Employment Agreement; and 

WHEREAS, Employee is entitled to receive severance and other benefits pursuant to Section 5.2(c) of the Employment Agreement, provided
Employee signs this Agreement; 
 NOW, THEREFORE, in consideration of the foregoing premises and the terms and conditions set forth below,
the Parties agree as follows: 
 1. Acknowledgment. Employee hereby acknowledges receipt of this Agreement on January 10, 2014
(the “Acknowledgment Date”). Employee hereby acknowledges that Employer is terminating the employment of Employee without Cause pursuant to Section 5.2(b) of the Employment Agreement effective as of the Acknowledgement Date. Employee
understands that should he agree to this Agreement, including all exhibits attached thereto, he would give up any right or claim to compensation or benefits of employment with the Company beyond the Acknowledgment Date, except as set forth in this
Agreement. On the Acknowledgment Date, Employee will be paid all unpaid, earned wages, including without limitation, any accrued, unused vacation pay, except that Employee’s earned 2H 2013 bonus, if any, will be paid in accordance with the
normal payment policies of the Company when and if declared by the Board of Directors of the Company. 
 2. Compensation to Employee for
General Release. Provided that Employee delivers a signed copy of this Agreement to the Company within twenty-one (21) days after his receipt of this Agreement, and does not revoke this Agreement within seven (7) days after he signs
it, the Company will pay to Employee, pursuant to Section 5.2(c) of the Employment Agreement, an amount equal to $753,652 less any downward adjustments to Bonuses actually paid to Employee, as subsequently determined by the Board of Directors
of the Company and plus any upward adjustments to Bonuses actually paid to Employee, as subsequently determined by the Board of Directors of the Company, which represents the Employee’s current Annual Salary and one times (1x) all Bonuses
received by Employee in the immediately preceding twelve (12) months, which amount shall be payable and allocated in accordance with Exhibit A attached hereto (the “Severance Payment”) and if Employee elects to continue his health
care insurance coverage under COBRA, the Company will pay Employee’s health insurance premium for Employee and any covered dependants for the first twelve (12) months following the Acknowledgment Date (the “Benefit
Continuation”), as such premiums are incurred by Employee. Employee will continue to serve on the Employer’s Board of Directors and as such, Employee’s stock options will continue to vest and be

 
exercisable in accordance with their terms through the one (1) year period after which Employee’s service to the Board of Directors terminates. Employee understands that the Severance
Payment and Benefit Continuation represent the Company’s sole financial obligation to Employee under this Agreement and the Employment Agreement. 

3. Cooperation; Consulting; Return of Property. 

a. Employee will make himself available at reasonable times upon reasonable request of the Company to the extent reasonably needed by the
Company to (i) complete documentation or provide information relating to the period during which Employee was employed by the Company, and (ii) provide certain transitional services, as directed by the Board, including up to three
(3) days in the office in the two (2) week period immediately following the Acknowledgement Date. 
 b. In addition to the
foregoing, Employee will enter into that certain consulting agreement attached hereto as Exhibit B (the “Consulting Agreement”). Employee understands, acknowledges and agrees that the payment schedule for the Severance Payment attached
hereto as Exhibit A represents a material deviation from the payment schedule for the Severance Payment provided for in the Employment Agreement and that such modified payment schedule represents full and complete consideration for entering into the
Consulting Agreement for no additional cash consideration, except as outlined therein. Further, the Parties agree that in the event the Employee shall materially fail to meet Employee’s obligations under the Consulting Agreement, then any
portion of the Severance Payment that remains due and owing to Employee shall be forfeited by Employee as a reasonable reimbursement by the Employee to the Company for material failure to provide the services set forth in the Consulting Agreement.

 c. Employee shall return all Company property as of the Acknowledgement Date, including without limitation, all computers, credit cards,
phones, except that Employee shall be permitted to retain the tablet and cell phone (including cell phone number) previously issued to Employee. 

4. Release by Employee. 

a. General Release. In exchange for the Severance Payment, including any reduction thereto pursuant to Section 3 hereof, the
Benefit Continuation and the other consideration set forth in this Agreement, Employee does hereby release and forever discharge the “Company Releasees” herein, consisting of Employer, its parent, subsidiary and affiliate corporations, and
each of their respective past and present parents, subsidiaries, affiliates, associates, owners, members, stockholders, predecessors, successors, assigns, employees, agents, directors, officers, partners, representatives, lawyers, and all persons
acting by, through, under, or in concert with them, or any of them, of and from any and all manner of claims or causes of action, in law or in equity, of any nature whatsoever, known or unknown, fixed or contingent (hereinafter called
“Claims”), that Employee now has or may hereafter have against the Company Releasees by reason of any and all acts, omissions, events or facts occurring or existing prior to the 

  
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Date of this Agreement. The Claims released hereunder include, without limitation, any alleged breach of any express or implied employment agreement; any alleged torts or other alleged legal
restrictions relating to the Employee’s employment and the termination thereof; and any alleged violation of any federal, state or local statute or ordinance including, without limitation, Title VII of the Civil Rights Act of 1964, as amended,
42 USC Section 2000, et seq.; Americans with Disabilities Act, as amended, 42 U.S.C. § 12101 et seq.; the Rehabilitation Act of 1973, as amended, 29 U.S.C. § 701 et seq.;
Civil Rights Act of 1866, and Civil Rights Act of 1991; 42 USC Section 1981, et seq.; Age Discrimination in Employment Act, as amended, 29 USC Section 621, et seq.; Equal Pay Act, as amended, 29 USC
Section 206(d); regulations of the Office of Federal Contract Compliance, 41 CFR Section 60, et seq.; The Family and Medical Leave Act, as amended, 29 U.S.C. § 2601 et seq.; the Fair
Labor Standards Act of 1938, as amended, 29 U.S.C. § 201 et seq.; the Employee Retirement Income Security Act, as amended, 29 U.S.C. § 1001 et seq.; and the California Fair Employment and Housing
Act, California Government Code Section 12940, et seq, as well as all Florida and Connecticut state laws of a similar nature. This release shall not apply to the Company’s obligations hereunder, to any vested retirement plan
benefits, Employee’s rights under Labor Code Section 2802 with respect to claims asserted against him, or his rights as a stockholder of the Company. 

b. Unknown Claims. 

Employee acknowledges that Employee is familiar with the provisions of California civil code section 1542, which provides as follows:

 “A general release does not extend to claims which the creditor does not know or suspect to exist in his or her favor at the time
of executing the release, which, if known by him or her must have materially affected his or her settlement with the debtor.” 
 Employee being
aware of said code section, hereby expressly waives any rights Employee may have thereunder, as well as under any other statutes or common law principles of similar effect. 

c. Older Worker’s Benefit Protection Act. 

Employee agrees and expressly acknowledges that this Agreement includes a waiver and release of all claims which he has or may have under the
Age Discrimination in Employment Act of 1967, as amended, 29 U.S.C. § 621, et seq. (“ADEA”). The following terms and conditions apply to and are part of the waiver and release of the ADEA claims under this
Agreement: 
 (1) This Section, and this Agreement are written in a manner calculated to be understood by him. 

(2) The waiver and release of claims under the ADEA contained in this Agreement does not cover rights or claims that may arise
after the Date of this Agreement. 

  
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 (3) This Agreement provides for consideration in addition to anything of value to
which he is already entitled. 
 (4) Employee has been advised to consult an attorney before signing this Agreement. 

(5) Employee has been granted twenty-one (21) days after he is presented with this Agreement to decide whether or not to
sign this Agreement. If he executes this Agreement prior to the expiration of such period, he does so voluntarily and after having had the opportunity to consult with an attorney, and hereby waives the remainder of the twenty-one (21) day
period. 
 (6) Employee has the right to revoke this general release within seven (7) days of signing this Agreement. In
the event this general release is revoked, this Agreement will be null and void in its entirety, and he will not receive the Payment or the Benefit Continuation. 

If he wishes to revoke this agreement, Employee shall deliver written notice stating his intent to revoke this Agreement to Scott Reinke,
General Counsel at the offices of Employer on or before 5:00 p.m. on the seventh (7th) day after the Date of this Agreement. 

d. No Assignment. Employee represents and warrants to the Company Releasees that there has been no assignment or other transfer of any
interest in any Claim that the Employee may have against the Company Releasees, or any of them. Employee agrees to indemnify and hold harmless the Company Releasees from any liability, claims, demands, damages, costs, expenses and attorneys’
fees incurred as a result of any person asserting such assignment or transfer of any right or claims under any such assignment or transfer from Employee. 

e. No Actions. Employee represents and warrants that he is not presently aware of any injury for which he may be eligible for
workers’ compensation benefits. Employee agrees that if Employee hereafter commences, joins in, or in any manner seeks relief through any suit arising out of, based upon, or relating to any of the Claims released hereunder or in any manner
asserts against the Company Releasees any of the Claims released hereunder, then Employee will pay to the Company Releasees against whom such claim(s) is asserted, in addition to any other damages caused thereby, all attorneys’ fees incurred by
such Company Releasees in defending or otherwise responding to said suit or Claim. Provided, however, that Employee shall not be obligated to pay the Company Releasees’ attorney’s fees to the extent such fees are attributable to claims
under the Age Discrimination in Employment Act or a challenge to the validity of the release of claims under the Age Discrimination in Employment Act. 

5. Non-Disparagement/Litigation Assistance. Employee agrees to refrain from any disparagement, defamation, or slander of the Company,
its subsidiaries, employees, investors, officers, directors, shareholders, agents, or partners, and Employee agrees to refrain from any tortious or wrongful interference with Company’s contracts and relationships.

  
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Employer agrees to refrain from any disparagement, defamation, or slander of Employee. Employee agrees not to assist in the prosecution of litigation against Company, its officers, directors, or
employees, except as compelled by legal process, and Employee further agrees not to commence, maintain, prosecute or participate in (except as may be required by law, pursuant to court order, or in response to a valid subpoena) any action, charge,
complaint, or proceeding of any kind (on his own behalf and/or on behalf of any other person or entity and/or on behalf of or as a member of any alleged class of persons) in any court, or before any administrative or investigative body or agency
(whether public, quasi-public or private) against Company, its officers, directors, or employees, with respect to any act, omission, transaction or occurrence arising out of employment or this Agreement. This provision will not apply to conduct as
to which this provision would be unlawful. 
 6. No Admission. The Parties further understand and agree that neither the payment of
money nor the execution of this release shall constitute or be construed as an admission of any liability whatsoever by the Company Releasees. 

7. Severability. The provisions of this Agreement are severable, and if any part of it is found to be unenforceable, the other Sections
(or portions thereof) shall remain fully valid and enforceable. 
 8. Confidentiality. The terms of this Agreement are intended to be
confidential by the parties. Employer would not enter into this Agreement but for Employee’s promise to maintain the confidentiality of the terms of and existence of this Agreement. Employee may not disclose the terms of this Agreement to any
person, except that Employee may disclose the terms of this Agreement as may be required by law or to his immediate family, attorneys, tax and financial advisors, provided that such individuals agree to be bound by the confidentiality provisions of
this Agreement. Company will be required to disclose the terms of this Agreement, including a copy of this agreement, with the Securities and Exchange Commission on Form 8-K. 

9. Arbitration/Waiver of Jury Trial. The Parties hereby agree to submit any claim or dispute between Employee and the Company or any of
the Company Releasees, including any dispute arising out of or relating to the terms of this Agreement, Employee’s employment or the termination thereof to binding arbitration by a single neutral arbitrator experienced in employment law.
Subject to the terms of this Section, the arbitration proceedings shall be governed by the rules of the Judicial Arbitration and Mediation Services (“JAMS”) applicable to employment disputes as they may be in effect from time to time, and
shall take place in Orange County, California. The arbitrator shall be appointed by agreement of the Parties hereto or, if no agreement can be reached, by JAMS pursuant to its rules. The decision of the arbitrator shall be rendered in writing and be
final and binding on all Parties to this Agreement, and judgment thereon may be entered in any court having jurisdiction. All fees and costs payable to the Arbitrator or JAMS shall be paid by the Parties in accordance with JAMS rules; provided,
however, that Employee shall not be required to pay any amount to the Arbitrator or JAMS that would be unique to arbitration or exceed the costs Employee would incur in pursuing the same claim(s) and action(s) in a court of competent jurisdiction.
Any shortfall shall be paid by the Company. Each party shall bear his or its own attorneys’ fees, expert witness fees, witness expenses and other costs; provided, however, that the Arbitrator 

  
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may award such costs, fees or expenses in accordance with applicable law. This arbitration procedure is intended to be the sole and exclusive method of resolving any dispute between Employee, the
Company and/or the Company Releasees, including without limitation any claim for breach of this Agreement or otherwise arising out of or relating to this Agreement or Employee’s employment, and the Parties hereby waive any rights to a jury
trial. 
 10. Withholding. All compensation or benefits payable to Employee pursuant to the terms of this Agreement shall be subject
to deduction of all required federal and state withholding taxes and any other employment taxes the Company may be required to collect or withhold. 

11. Choice of Law and Venue. The Parties acknowledge and agree that this Agreement shall be interpreted in accordance with California
law. To the extent any actions arising out of relating to this Agreement or Employee’s Employment with Employer must be filed in a court, rather than arbitration, such actions shall be filed in either the Superior Court of the State of
California for the County of Orange, or the Federal District Court for the Central District of California.  
 12. Sole and Entire
Agreement, No Oral Modification. This Agreement represents the sole and entire agreement among the Parties and supersedes all prior agreements, negotiations, and discussions between the Parties hereto and/or their respective counsel, excluding
any agreements concerning confidentiality, trade secret information, or assignment of intellectual property rights. Any agreement amending or superseding this Agreement must be in writing, signed by duly authorized representatives of the Parties,
specifically references this Agreement; and state the intent of the Parties to amend or supersede this Agreement. Except as expressly modified by the terms of this Agreement, any and all outstanding stock options granted to Employee by the Company
shall remain subject to the terms and conditions of the relevant stock option agreements evidencing such options and the relevant plan under which such options were granted. Employee understands and agrees that nothing set forth in this Agreement or
the Consulting Agreement shall be deemed to modify, amend or otherwise alter those obligations of the Employment Agreement that by their nature are intended to continue in full force and effect as provided for therein, including without limitation
(i) the obligations of invention disclosure and assignment, non-disclosure and non-competition pursuant to Section 6 of the Employment Agreement, and (ii) the additional severance obligations in the event that a Change of Control (as
defined in the Employment Agreement) should occur within one hundred twenty (120) days of the Acknowledgement Date, provided that the Parties agree that a definitive agreement signed by all applicable parties within such time frame shall be the
minimum criteria necessary to trigger such additional severance obligations. 
 [Signature Page Follows] 

  
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 In Witness Whereof, the Parties have executed this Agreement as of the set opposite their names below. 

 

							
		 		 	Local Corporation
				
	 Date: January 10, 2014
	 		 	By:	 	 /s/ Frederick G. Thiel

		 		 	Title:	 	Chairman
			
		 		 	Employee
			
	Date: January 10, 2014	 		 	 /s/ Heath Clarke

		 		 	Heath Clarke

  
 7EX-10.2

 Exhibit 10.2 

CONSULTING SERVICES AGREEMENT 

This Consulting Services Agreement (the “Agreement”) effective as of January 11, 2014 (“Effective Date”), is by and between Heath
Clarke (“Consultant”) and LOCAL CORPORATION, a Delaware corporation (the “Company”). 

WHEREAS, Consultant and Company have entered into that certain Separation and General Release Agreement dated January 10, 2014 (the
“Separation Agreement”); 
 WHEREAS, Consultant and Company are entering into this Agreement in accordance with the terms of the
Separation Agreement; 
 NOW, THEREFORE, in consideration of the foregoing premises and the terms and conditions set forth below, the
Parties agree as follows: 
 Agreement 
  

	1.	Terms of Service, Term and Compensation. 

  

	 	a.	Consultant’s start date will be January 11, 2014 and continue until January 10, 2015. This Agreement will automatically terminate on January 10, 2015. 

 

	 	b.	Consultant agrees to render consulting services (“Services”) to the Company for the term of this Agreement. Consultant’s duties shall include, but are not limited to, those duties set forth in Exhibit
A hereto and such other duties as the Company may from time to time reasonably prescribe. Consultant also agrees to submit to the Company, in written form or other tangible form, any deliverables or results of Consultant’s work under this
Agreement and all documentation of work performed under this Agreement upon request and in a timely manner. Consultant shall report directly to the Chairman of the Board of Directors of the Company and shall provide his services in accordance with
the instructions of the Chairman of the Board, unless otherwise designated by the Board of Directors of the Company. 

  

	 	c.	Consultant sole compensation for the Services shall be the expedited payment of the Severance Payment, as provided for in the Separation Agreement, except as otherwise provided for in Exhibit A attached hereto. In the
event the Employee shall materially fail to meet Employee’s obligations under this Agreement, Consultant agrees that any portion of the Severance Payment (as defined in the Separation Agreement) that remains due and owing to Consultant shall be
forfeited by Consultant as a reasonable reimbursement by the Consultant to the Company for failure to provide the Services set forth in this Agreement. All long-distance travel and lodging (expressly excluding commuting expenses) will be coach class
or equivalent (unless cross country, which will be business class or equivalent) and must be authorized by the Company in advance. The foregoing represents Consultant’s sole compensation for rendering Services to the Company. 

 

	 	d.	If requested, Consultant shall provide the Company with monthly invoices detailing consulting hours. Consultant shall provide the Company with expense reimbursements that Consultant believes due under this Agreement,
and itemize and provide receipts for expenses upon request. The Company agrees to pay approved invoices within 10 days of receipt. 

  

	 	e.	 Consultant will hold all Confidential Information (as defined below) of Company in strict confidence and will not disclose any Confidential
Information to any third party. Consultant will not use any Confidential Information of the Company for the benefit of himself or any third party or for any purpose other than performing his obligations under this Agreement. Consultant will use the
same degree of care that it uses to protect his own confidential and proprietary information of similar nature and importance (but in no event less than reasonable care) to protect the confidentiality and avoid the unauthorized use, disclosure,
publication or dissemination of the Confidential Information of the Company. “Confidential Information” 

			
	LOCAL CORPORATION	  	HEATH CLARKE

  

	 	
means any and all information disclosed by Company to Consultant, directly or indirectly, in writing, orally, electronically, or in any other form, that is designated, at or before the time of
disclosure, as confidential or proprietary, or that is provided under circumstances reasonably indicating that the information is confidential or proprietary, including, without limitation, trade secrets, Company lists, business plans, technical
data, product ideas, personnel, contract and financial information, and the terms of this Agreement. Notwithstanding the foregoing, Confidential Information does not include information that: (a) is or becomes generally available to the public
through no breach of this Agreement or any other agreement by Consultant; (b) is or was known by the Consultant at or before the time such information was received from the Company, as evidenced by Consultant’s tangible (including written
or electronic) records; (c) is received from a third-party that is not under an obligation of confidentiality to the knowledge of the Consultant with respect to such information; (d) is independently developed by Consultant without any
breach of this Agreement, as evidenced by Consultant’s contemporaneous tangible (including written or electronic) records; or (e) is approved for release in advance in writing by the Company, as applicable. If the disclosure of
Confidential Information is required by law, Consultant shall promptly notify the Company in advance of such required disclosure and use his best efforts to minimize the scope of such disclosure. 

 

	 	f.	During the term of this Agreement and for one (1) year thereafter, Consultant will not encourage or solicit any employee or consultant of the Company to leave the Company for any reason. 

 

	 	g.	Consultant represents that performance of all the terms of this Agreement will not breach any agreement to keep in confidence proprietary information acquired by Consultant in confidence or in trust prior to the
execution of this Agreement. Consultant has not entered into, and Consultant agrees not to enter into, any agreement either written or oral that conflicts or might conflict with Consultant’s performances of the Services under this Agreement.

  

	2.	Consultant agrees that this Agreement may be terminated by Company at any time, for any reason, with or without cause, by giving written notice to Consultant; termination to be effective upon Consultant’s receipt
of notice. Notwithstanding the foregoing, Consultant’s options shall continue to vest as though the Agreement remained in force through the term of the Agreement, and vested options shall remain exercisable for a period of one year after the
original term of the Agreement. 

  

	3.	Consultant is an independent contractor and is solely responsible for all taxes, withholdings, and other similar statutory obligations, including, but not limited to, Workers’ Compensation Insurance. Consultant
agrees to defend, indemnify and hold Company harmless from any and all claims made by any entity on account of an alleged failure by Consultant to satisfy any such tax or withholding obligations. Consultant shall also comply with the requirements
for insurance set forth on Exhibit B attached to this Agreement. Consultant shall provide the Company with a certificate of such insurance upon request. 

  

	4.	Consultant has no authority to act on behalf of or to enter into any contract, incur any liability or make any representation on behalf of the Company, unless authorized in writing by the Company on a case by case
basis. 

  

	5.	Consultant’s performance under this Agreement shall be conducted with due diligence and in full compliance with the highest professional standards of practice in the industry. Consultant shall comply with all
applicable laws and Company safety rules in the course of performing the services. If Consultant’s work requires a license, Consultant has obtained that license and the license is in full force and effect. 

 

	6.	Consultant will indemnify and hold Company harmless, and will defend Company against any and all loss, liability, damage, claims, demands or suits and related costs and expenses to persons or property arising, directly
or indirectly, from acts or omissions of Consultant, or breach of any term or condition of this Agreement. Company will indemnify and hold Consultant harmless, and will defend Consultant against any and all loss, liability, damage, claims, demands
or suits and related costs and expenses to persons or property arising, directly or indirectly, from acts or omissions of Company, or breach of any term or condition of this Agreement. 

  
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	LOCAL CORPORATION	  	HEATH CLARKE

  

	7.	Consultant agrees all obligations of indemnification and confidentiality under this Agreement shall continue in effect after termination of this Agreement, and the Company is entitled to communicate Consultant’s
obligations under this Agreement to any future client or potential client of Consultant. 

  

	8.	Consultant agrees that any dispute in the meaning, effect or validity of this Agreement shall be resolved in accordance with the laws of the State of California without regard to the conflict of laws provisions thereof.
Consultant further agrees that if one or more provisions of this Agreement are held to be illegal or unenforceable under applicable California law, such illegal or unenforceable portion(s) shall be limited or excluded from this Agreement to the
minimum extent required and the balance of the Agreement shall be interpreted as if such portion(s) were so limited or excluded and shall be enforceable in accordance with its terms. 

 

	9.	This Agreement shall be binding upon Consultant, and inure to the benefit of, the parties hereto and their respective heirs, successors, assigns, and personal representatives; provided, however, that it shall not be
assignable by Consultant. 

  

	10.	This Agreement contains the entire understanding of the parties regarding its subject matter and can only be modified by a subsequent written agreement executed by the General Counsel of the Company. 

 

	11.	All notices required or given herewith shall be addressed to the Company or Consultant at the designated addresses shown below by registered mail, special delivery, or by certified courier service. Additionally, Company
may terminate this Agreement by providing email notice to the email address set forth below: 

  

									
	 	 	a.	  	 To Company:
	  	b.	  	 To Consultant:

					
		 		  	 LOCAL CORPORATION
	  		  	 HEATH CLARKE

		 		  	 Attn: General Counsel
	  		  	 3334 East Coast Hwy #315

		 		  	 7555 Irvine Center Drive
	  		  	 Corona del Mar, CA 92625

		 		  	 Irvine, CA 92618
	  		  	 heathbc888@gmail.com

  

	12.	If any action at law or in equity is necessary to enforce or interpret the terms of this Agreement, the prevailing party shall be entitled to reasonable attorneys’ fees, costs and necessary disbursement, in
addition to any other relief to which the party may be entitled. 

 CONSULTANT HAS READ THIS AGREEMENT CAREFULLY AND UNDERSTANDS AND ACCEPTS
THE OBLIGATIONS THAT IT IMPOSES UPON CONSULTANT WITHOUT RESERVATION. NO PROMISES OR REPRESENTATIONS HAVE BEEN MADE TO CONSULTANT TO INDUCE CONSULTANT TO SIGN THIS AGREEMENT. CONSULTANT SIGNS THIS AGREEMENT VOLUNTARILY AND FREELY, IN DUPLICATE, WITH
THE UNDERSTANDING THAT THE COMPANY WILL RETAIN ONE COUNTERPART AND THE OTHER COUNTERPART WILL BE RETAINED BY CONSULTANT. 
  

									
	Accepted and Agreed to:	 		 	Accepted and Agreed to:
			
	LOCAL CORPORATION	 		 	HEATH CLARKE
					
	By:	 	 /s/ Frederick G. Thiel
	 		 	By:	 	 /s/ Heath Clarke

	Title:	 	Chairman	 		 	Title:	 	
	Date:	 	January 11, 2014	 		 	Date:	 	January 11, 2014

  
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	LOCAL CORPORATION	  	HEATH CLARKE

  

 EXHIBIT A 

DUTIES OF CONSULTANT 
 Duties:

 Consultant shall provide up to thirty-five (35) hours of Services per month (such months beginning on the 11th of each month and ending on the 10th of the following month) during the term of this Agreement, on such schedule as may be mutually agreed to in
writing by the Chairman of the Board of Directors of the Company and the Consultant, with reasonable advance written notice (email sufficing). If any hours are not utilized or requested in writing (email sufficing) during the term of the Agreement,
they shall be forfeited by the Company. The Services will include such executive transition services as the Chairman of the Board of Directors deems necessary or appropriate. 

Fees: 
 Notwithstanding the limitation on Fees set forth
in the Agreement, in the event the Consultant’s performance of the Services would exceed the hours set forth above, Consultant shall provide written notice to Company of such overage and if Company nevertheless engages Consultant to provide
such Services, Consultant shall receive $150 per hour for any preapproved hours worked by Consultant in excess of the 35-hour monthly threshold set forth above. 

Additionally, Consultant’s options shall continue to vest throughout the term of the Agreement, and vested options shall remain exercisable for a period
of one year after the original term of the Agreement. 
 Company shall provide Consultant with a Local email address to facilitate Consultant’s
performance under this Agreement. 

  
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	LOCAL CORPORATION	  	HEATH CLARKE

  

 EXHIBIT B 

INSURANCE REQUIREMENTS 
 None. 

  
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