Document:

Employment Agreement - Jonathan T. Cohen

 Exhibit 10.33 
 EMPLOYMENT AGREEMENT 
 (Jonathan T. Cohen) 
 This EMPLOYMENT AGREEMENT (this “Agreement”), dated as of December 1, 2006, is between Verticalnet, Inc., a Pennsylvania corporation (the
“Company”), and Jonathan T. Cohen (the “Employee”). 
 The Company and the Employee, each intending to be legally bound by this
Agreement, agree as follows: 
  

	1.	Employment 

 This Agreement is effective December 1, 2006 (the
“Effective Date”). The Employee shall be Vice President and Chief Accounting Officer of the Company and shall perform duties consistent with this position as are assigned by the Chief Executive Officer or his designee. The Employee shall
report directly to the Chief Executive Officer or his designee and, at the discretion of the Company, shall be an executive officer of the Company. 
  

	2.	Performance 

 The Employee shall devote substantially all of his
business time and efforts to the performance of his duties under this Agreement, however, the Employee may (a) serve on civic or charitable boards or committees, (b) serve on corporate boards as a non-employee board member and
(c) manage Employee’s personal investments. The Employee must inform the Company of any corporate boards on which he serves. The Employee cannot serve on any corporate board that would violate the Employee’s non-competition
restrictions. 
  

	3.	Term 

 The initial term of employment under this Agreement (the
“Initial Term”) begins on the Effective Date and extends for 1 year. This Agreement renews automatically for one year renewal terms (a “Renewal Term”) unless either the Employee or the Company gives the other party written notice
of non-renewal at least one year before the end of the Initial Term or any Renewal Term then in effect. The Agreement renews automatically for a 1 year Renewal Term upon a Change of Control, as defined in Section 12, beginning on the date of
the Change of Control. The Initial Term plus any Renewal Term then in effect are the term of this Agreement (the “Employment Term”). The Employment Term may be terminated early as provided in Sections 7 through 12 of this Agreement.

  

	4.	Salary 

 The Employee’s annual salary (the “Salary”)
is payable in installments when the Company customarily pays its employees (but no less often than twice per month). The Salary is at the initial rate of $175,000 (the “Initial Salary”). The CEO shall review the Salary at least once a
year. The Salary shall never be less than the previous annual salary. 
  

	5.	Bonus and Benefits 

 The Employee shall be entitled to participate
in any bonus programs established by the Board or the Compensation Committee for employees generally. The Employee’s annual target bonus shall be equal to 30% of the Employee’s Salary for such year (the “Target Bonus”). All bonus
programs, as well as the goals for achieving the Target Bonus, are at the discretion of the Board of Directors or the Compensation Committee. 
 The Company
shall pay Employee a signing bonus of $2,500 as soon as practicable after the execution of this Agreement. 

 Benefits and perquisites under this agreement will, at a minimum, be consistent with other Company Vice Presidents.
Vacation shall be in accordance with Company policy, but not less than 4 weeks per year. 
  

	6.	Confidential Information, Non-Competition and Non-Solicitation. 

 The Employee agrees to be covered by the terms of the Confidential Information, Invention and Non-Competition Agreement that the Employee has entered into upon the commencement of employment with the Company (the “Confidential
Information, Invention And Non-Competition Agreement”), which includes a one year period of non-solicitation of employees and customers, and non-competition after termination of employment. 
  

	7.	Death 

 If the Employee dies during the Employment Term, then the
Employment Term shall terminate, and thereafter the Company shall not have any further liability or obligation to the Employee, the Employee’s executors, administrators, heirs, assigns or any other person claiming under or through the Employee,
except 
 (a) that the Employee’s estate shall receive any unpaid Salary that has accrued through the date of termination, and 
 (b) a pro rata portion of any bonus that the Employee would have earned for the fiscal year of the Company in
which the Employee died, no later than March 31st of the year following the calendar year to which the bonus
relates or, if earlier, when bonuses for such year are paid to executives generally, 
 (c) the Employee’s outstanding options are accelerated for an
additional period of 6 months that is applied between scheduled vesting dates to accelerate vesting on the pro rata portion of the option vesting schedule using a monthly basis instead of the scheduled vesting dates, 
 (d) the Employee’s group healthcare (medical, dental, vision and prescription drug) coverage will be continued for one year, to be paid in full by the Company so
that there is no after-tax cost to the Employee’s spouse or dependents, and 
 (e) any other benefits due under any programs of the Company in which the
Employee participated and under which the Employee was due a benefit at the time of his death. 
  

	8.	Total Disability 

 If the Employee becomes “Totally
Disabled,” then the Employment Term shall terminate, and thereafter the Company shall have no further liability or obligation to the Employee hereunder, except as follows: the Employee shall receive 
 (a) any unpaid Salary that has accrued through the date of termination, 
 (b) continued Salary for 3 months following the date the Employee is considered totally disabled, 
 (c) whatever benefits that he may be entitled
to receive under any then existing disability benefit plans of the Company. 
 (d) a pro rata portion of any bonus that the Employee would have earned for
the fiscal year of the Company in which the Employee became totally disabled no later than March 15th of the year following the calendar year to which the bonus relates or, if earlier, when bonuses for such year are paid to employees generally,

 (e) the Employee’s group healthcare (medical, dental, vision and prescription drug) coverage will be continued for one year, to be paid in full by
the Company so that there is no after-tax cost to the Employee, and 
  

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 (f) any other benefits due under any programs of the Company in which the Employee participated and under which the
Employee was due a benefit at the time of his becoming totally disabled. 
 The term “Totally Disabled” means: (a) if the Employee is
considered totally disabled under the Company’s group disability plan in effect at that time, if any, or (b) in the absence of any such plan, under applicable Social Security regulations. 
  

	9.	Termination for Cause 

 The Company may terminate the Employee for
“Cause” immediately upon notice from the Company. If the Employee is terminated for Cause, then the Employment Term shall terminate and thereafter the Company shall not have any further liability or obligation to the Employee, except that
the Employee shall receive any unpaid Salary that has accrued through the date of termination. 
 The term “Cause” means: (a) the Employee is
convicted of a felony, or (b) in the reasonable determination of the Board, the Employee has done any one of the following: (1) committed an act of fraud, embezzlement, or theft in connection with the Employee’s duties in the course
of his employment with the Company, (2) caused material intentional, wrongful damage to the property of the Company, (3) materially breached (other than by reason of illness, injury or incapacity) the Employee’s obligations under this
Agreement or under any written confidentiality, non-competition, or non-solicitation agreement between the Employee and the Company, that the Employee shall not have remedied within 30 days after receiving written notice from the Board specifying
the details of the breach, or (4) engaged in gross misconduct or gross negligence in the course of the Employee’s employment with the Company. 
  

	10.	Termination by the Employee 

 The Employee may terminate this
Agreement by giving the Company written notice of termination one month in advance of the termination date. The Company may waive this notice period and set an earlier termination date. If the Employee terminates this Agreement, then on the
termination date, the Employment Term shall terminate and thereafter the Company shall have no further liability or obligation to the Employee under this Agreement, except that the Employee shall receive any unpaid Salary that has accrued through
the termination date. After the termination date, the Employee shall be required to adhere to the covenants against non-competition and non-solicitation described in Section 6 of this Agreement. 
 Notwithstanding the first paragraph of this Section 10, if without the Employee’s prior written consent or resignation, the Company or the Board takes an
action that constitutes “Good Reason,” as defined in Section 12, then during the period beginning with any such action and ending 6 months thereafter, the Employee shall have the right to terminate this Agreement by giving the Company
written notice of termination, and upon termination the Employee shall receive the same compensation and benefits as if the Employee were terminated without “cause” by the Company under Section 11. 
  

	11.	Termination without Cause by the Company 

 The Company may terminate
the Employee without “cause” by giving the Employee written notice of termination one month in advance of the termination date. The Employee may waive this notice period and set an earlier termination date. 
 If the Employee is terminated without “cause”, then the Employment Term shall terminate and thereafter the Employee shall be entitled only to the following
under this Agreement: 
  

	 	a.	The Company will pay to the Employee a lump sum severance payment in the amount equal to one-quarter (i.e. three (3) months) of the Salary then in effect; and

  

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	 	b.	The Company will also pay to the Employee the pro rata portion of any Bonus that the Employee would have earned for the fiscal year of the Company in which the Employee was
terminated, which shall be paid within 90 days of the termination; and 

  

	 	c.	The Employee’s group healthcare (medical, dental, vision and prescription drug) coverage for himself, his spouse and his dependents will be continued for 3 months after
termination on the same basis and cost to the Employee as then participating before termination, and 

  

	 	d.	All unvested options granted to the Employee shall be accelerated in full, and 

  

	 	e.	All options that are vested (including accelerated vesting) at termination will remain exercisable by their terms for 90 days after termination of employment, but not longer than
the total life of the options, and 

  

	 	f.	The Employee and the Company will enter into a mutual general release. 

  

	12.	Change of Control 

 During the 1 year period after a Change of
Control, if the Company terminates the Employee without cause, or if the Employee terminates this Agreement for “Good Reason” by giving the Company written notice of termination one month in advance of the termination date (which the
Employee shall have the right to do during this 1 year period), then, in such event: 
  

	 	a.	The Company will pay to the Employee a lump sum severance payment in the amount equal to one-half (i.e. six (6) months) of the annual Salary then in effect; and

  

	 	b.	The Company will also pay to the Employee the pro rata portion of any Bonus that the Employee would have earned for the fiscal year of the Company in which the Employee was
terminated, which shall be paid within 90 days of the termination; and 

  

	 	c.	The Employee’s group healthcare (medical, dental, vision and prescription drug) coverage for himself, his spouse and his dependents will be continued for 6 months after
termination on the same basis and cost to the Employee as then participating before termination, and 

  

	 	d.	Unvested options shall be accelerated in full, and 

  

	 	e.	All options that are vested (including accelerated vesting) at termination will remain exercisable by their terms for 90 days after termination of employment, but not longer than
the total life of the options, and 

  

	 	f.	The Employee and the Company will enter into a mutual general release. 

 The term “Change of Control” means: 
  

	 	a.	Any sale, lease, exchange, or other transfer of all or substantially all of the assets of the Company to any other person or entity other than a wholly-owned subsidiary of the
Company (in one transaction or a series of related transactions), 

  

	 	b.	Dissolution or liquidation of the Company, 

  

	 	c.	When any person or entity, including a “group” as contemplated by Section 13(d)(3) of the Securities Exchange Act of 1934, as amended, acquires or gains ownership or
control (including, without limitation, power to vote) of more than 50% of the outstanding shares of the Company’s voting securities (based upon voting power), or 

  

	 	d.	 Any reorganization, merger, consolidation, or similar transaction or series of transactions that results in the record holders of the voting stock of the Company
immediately prior to 

  

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such transaction or series of transactions holding immediately following such transaction or series of transactions less than 50% of the outstanding shares
of any of the voting securities (based upon voting power) of any one of the following: (1) the Company, (2) any entity which owns (directly or indirectly) the stock of the Company, (3) any entity with which the Company has merged, or
(4) any entity that owns an entity with which the Company has merged. 

 The term “Good Reason” means: 
  

	 	a.	The transfer, without the Employee’s prior written consent, to a location that is more than 50 miles from the Employee’s principal place of business immediately preceding
the transfer (which shall be Malvern, Pennsylvania as of the Effective Date), 

	 	

	 	b.	If without the Employee’s prior written consent or resignation, the Company or the Board takes an action resulting in the Employee no longer being a Vice President of the
Company, 

  

	 	c.	A material reduction of the Employee’s authority, duties or responsibilities after the Employee has provided the Company with reasonable notice and an opportunity to cure,

  

	 	d.	Any failure of the Company materially to comply with and satisfy the terms of this Agreement, or 

  

	 	e.	The nonrenewal of this Agreement by the Company. 

  

	13.	Parachute Payment 

 Notwithstanding anything to the contrary in this
Agreement, if the Employee is a “disqualified individual” (as defined in Section 280G(c) of the Code), and any severance benefit provided for in this Agreement, together with any other payments or benefits that the Employee has the
right to receive from the Company and its affiliates, would constitute a “parachute payment” (as defined in Section 280G(b)(2) of the Code), then the payments under this Agreement (the Employee shall have the right to specify which)
shall be either: 
  

	 	a.	Reduced (but not below zero) so that the present value of the total amount to be received by the Employee under this Agreement and otherwise will be one dollar ($1.00) less than
three times the Employee’s “base amount” (as defined in Section 280G of the Code) and so that no portion of such amounts received by the Employee shall be subject to the excise tax imposed by Section 4999 of the Code or

  

	 	b.	Paid in full, whichever of (a) or (b) produces the better net after-tax position for the Employee (taking into account any applicable excise tax under Section 4999 of
the Code and any applicable income tax). 

 The determination as to whether the reduction provided in clause (a) shall occur shall be made
initially by the Company in good faith. If a reduced payment is made and through error or otherwise that payment, when aggregated with other payments from the Company (or its affiliates) used in determining if a “parachute payment” exists,
exceeds one dollar ($1.00) less than three times the Employee’s base amount, then the Employee shall immediately repay such excess to the Company upon notification that an overpayment has been made and in the event that the reduction was more
than was required, the Company shall immediately pay the amount that should have been paid to the Employee in the first instance. 
  

	14.	Governing Law 

 This Agreement is governed by Pennsylvania law.

  

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	15.	Entire Agreement; Amendments 

 This Agreement and the Confidential
Information, Invention and Non-Competition Agreement, set forth the entire understanding among the parties hereto, and shall supercede all prior employment, severance and change of control agreements and any related agreements that the Employee has
with the Company or any subsidiary, or any predecessor company. 
 This Agreement may not be modified or amended in any way except by a written amendment
executed by the Employee and the Company. 
  

	16.	No Assignment 

 All of the terms and provisions of this Agreement
shall be binding upon and inure to the benefit and be enforceable by the respective heirs, representatives, successors (including any successor as a result of a merger or similar reorganization) and assigns of the parties hereto, except that the
duties and responsibilities of the Employee hereunder are of a personal nature and shall not be assignable in whole or in part by the Employee. 
 IN WITNESS
WHEREOF, the parties hereto, intending to be legally bound, have hereunto duly executed this Employment Agreement as of the day and year first written above. 
  

							
	VERTICALNET, INC.	 	 	 	EMPLOYEE:
				
	By:	 	 /s/ Nathanael V. Lentz
	 		 	 /s/ Jonathan T. Cohen

	Name:	 	Nathanael V. Lentz	 		 	Jonathan T. Cohen
	Title:	 	President and CEO	 		 	

  

 6Termination Letter Agreement - Gene S. Godick

 Exhibit 10.34 
 

 
 December 1, 2006 
 Gene S. Godick 
 120 Clover Leaf Lane 
 North Wales PA
19454 
  

	Re:	Termination Letter Agreement (this “Agreement”) 

 Dear
Gene, 
 As we have discussed, Verticalnet, Inc. (the “Company”) acknowledges receipt of your resignation. Pursuant to Section 10 of the
Employment Agreement between you and the Company dated February 5, 2003, as amended (the “Employment Agreement”), your voluntary termination of employment is a termination of the Employment Agreement and your employment with the
Company will terminate as of the close of business on November 30, 2006 (the “Termination Date.”) 
 Effective November 30, 2006, you
will no longer be the Executive Vice President and Chief Financial Officer of the Company, or hold any other office within the Company, or be an officer or director of any subsidiary of the Company and this Termination Letter Agreement will serve as
your resignation from all such positions effective as of that date. 
 In the hope of easing your transition to other employment, the Company offers the
following benefits in exchange for your execution of the attached Full Release and Release of Claims (the “Mutual Release”): 
  

	1.	A termination payment equal to one (1) month base pay, less applicable federal, state and local tax deductions. This payment will be made at the same time as the Company’s
regular payroll on December 15, 2006 and December 31, 2006. In consideration thereof, during the period beginning on December 1, 2006 and ending December 31, 2006, you will provide any transitional services which the Company may
reasonably request. 

  

	2.	Continued health care benefits, including dental, vision and disability, at your current contribution rate through December 31, 2007. Please note that this benefit is subject
to your completion of the COBRA forms and otherwise complying with COBRA, and the Company’s share of the COBRA benefit will be reimbursed to you upon receipt of your payment to ARC (our COBRA administrator). 

  

	3.	 The accelerated vesting of your grants of restricted stock. The previous grants of restricted stock set forth on the attached Exhibit A will vest on the Termination
Date and will be distributed to you on December 10, 2006. In addition, all vested but undistributed shares will also be distributed on December 10, 2006. Because the Company is obligated to withhold the income tax that would be payable by
you on the date of vesting (the “Withholding”), and because you are obligated to pay the 

 Gene S. Godick 
 December 1,
2006 
 Page 2 
  

	 	 
Company the par value of each share of stock ($0.07) that is vested (the “Par Value”), you agree that by signing the Mutual Release, you authorize
the Company’s brokers to sell, on your behalf, a sufficient number of such vested shares to reimburse the Company for the Withholding and the Par Value. At your option, you may pay the Withholding and Par Value directly to the Company. You will
remain subject to the Black-Out Period for trading of Verticalnet securities until such Black-Out Period is ended for executive officers of the Company in accordance with the Verticalnet Insider Trading Policy. 

  

	4.	The Company will indemnify you and otherwise provide you with the benefits of the indemnification provisions of the Company’s Articles of Incorporation and By-Laws (and other
corporate instruments or resolutions providing greater benefits) as in effect on November 30, 2006. 

  

	5.	The Company will continue your Company e-mail account until March 31, 2007, or such longer period of time as we may agree. 

  

	6.	The Company will permit you to retain your office chair. 

  

	7.	The Company agrees that it will provide to any prospective employers your dates of employment, positions held and confirmation of your final salary, if the prospective employer
already has that salary information. Any requests to the Company or any of its officers or directors for a personal reference will be directed to me, and I will provide a positive reference about your employment with the Company and your service as
an officer of the Company. 

 In addition, we have agreed to enter into a separate consulting arrangement beginning January 1, 2007 in a
form substantially similar to the form attached hereto as Exhibit B. 
 Please do not hesitate to contact me if you have any questions regarding this matter.

 I wish you the best in all your future endeavors. 
  

	
	Verticalnet, Inc.
	
	/s/ Nathanael V. Lentz
	
	Nathanael V. Lentz
	President and CEO

  

			
	cc:	 	Jon Cohen
		 	Michelle Jiosne, Doherty Employment Services

  

			
	Enclosures:	 	Exhibit A - Accelerated Vesting of Restricted Stock
		 	Exhibit B - Form of Consulting Agreement
		 	Full Waiver and Release of Claims

 Exhibit A 
 Accelerated Vesting of Restricted Stock 
  

			
	 Grant Date
	  	Amount
	 February 10, 2004
	  	1,373
	 May 5, 2005
	  	1,396
	 September 8, 2005
	  	1,675

 Exhibit B 
 Form of Consulting Agreement 

 FULL WAIVER AND RELEASE OF CLAIMS 
 In exchange for the benefits set forth in the Termination Letter Agreement dated December 1, 2006, I, Gene S. Godick, hereby release, remise and forever waive any and all claims which I may have against
Verticalnet, Inc., its parents, subsidiaries, affiliated businesses and divisions (collectively, the “Company”), or its or their directors, officers, employees, or agents (hereinafter collectively referred to as “Releasees”),
arising out of my employment with the Company or the termination of that employment. 
  

	1.	This Release applies to any and all claims, suits, damages, liabilities, demands and causes of action, whether known or unknown, existing or contingent, or whether at law or equity,
arising out of my employment with the Company or the termination of that employment (hereinafter collectively referred to as “Claims”), including, but not limited to claims that may arise under or pursuant to the following:

  

	 	•	 	 Age Discrimination in Employment Act, 29 U.S.C. § 621 et seq. (“ADEA”), 

  

	 	•	 	 The Older Workers’ Benefit Protection Act, 

  

	 	•	 	 Title VII of the Civil Rights Act of 1964, as amended, 42 U.S.C. § 2000e et seq., 

  

	 	•	 	 The Americans with Disabilities Act, 42 U.S.C. § 12101 et seq., 

  

	 	•	 	 The Fair Labor Standards Act, 

  

	 	•	 	 The Employee Retirement Income Security Act of 1974, 

  

	 	•	 	 The Family and Medical Leave Act of 1993, and 

  

	 	•	 	 Any other federal, state or local statutory, constitutional or common law now existing or hereinafter recognized including, but not limited to, any claims for
attorneys’ fees and costs incurred by me or on my behalf. 

  

	2.	I agree and understand that the Releasees do not have any obligation to provide me with any future payments, benefits, or considerations other than those provided in this agreement.
I further agree that my employment relationship with the Company is terminated and the Releasees have no obligation, contractual or otherwise, to hire, rehire, or re-employ me in the future. 

  

	3.	I acknowledge that: 

  

	 	a)	I have been advised in writing to consult with an attorney prior to signing this Release; 

  

	 	b)	I have been given twenty-one (21) days to consider this Release; 

  

	 	c)	I may revoke this Release for a period of seven (7) days following the date I sign it by submitting written notice of my revocation to Christopher G. Kuhn, General Counsel, at
400 Chester Field Parkway, Malvern, PA 19355; 

  

	 	d)	If not revoked, this Release shall become effective and enforceable against me upon expiration of this revocation period; 

  

	 	e)	The Additional Benefits described in the Termination Letter Agreement (i) exceed the benefits that would normally be received by an employee employed or terminated by the
Company, (ii) exceed what I would otherwise have been entitled to, and (iii) are in exchange for signing this Release. 

	4.	I agree that I have not and will not communicate or disclose the existence or terms of this Release or the additional benefits I have or shall receive to any person other than
members of my immediate family, my personal accountants, attorneys, or tax auditors, each of whom shall be informed by me of the highly confidential nature of this Release. 

  

	5.	I also agree not to make any disparaging remarks or statements regarding the Company’s products, business practices, operations, or the professional careers and/or personal
lives of any Company employee or any other Releasee to any person or entity, except as may be required by law. I further represent that as of the date I sign this Agreement and Release, I have not disparaged or subverted the business practices,
operations, professional careers and/or personal lives of any Releasee. 

  

	6.	In further consideration of the Company’s obligations under this Agreement and Release, I reaffirm my agreement to be bound by the terms of the EMPLOYMENT, CONFIDENTIAL
INFORMATION, INVENTION AND NON-COMPETITION AGREEMENT dated January 31, 2003 (the “Confidentiality and Non-Competition Agreement”). 

  

	7.	With respect to any and all inventions, discoveries, ideas, and/or improvements created, conceived, or developed by me (whether alone or in combination with others) at any time
during my employment by the Company with respect to any field in which the Company has operated or in which the Company is likely to operate in the future (Inventions): 

  

	8.	I acknowledge and agree, at no cost to the Company, to execute any and all documents that the Company deems necessary to obtain, maintain, and/or enforce its rights in such
Inventions including, but not limited to, any patent applications that the Company elects to file in all countries in the world and any assignments related thereto and, at no cost to the Company, to fully cooperate with the Company in the obtaining,
maintaining, and enforcement of any intellectual property protection sought or obtained for such Inventions including, but not limited to, providing documents, data and testimony required to obtain, maintain, and/or enforce such rights; and,

  

	9.	I further acknowledge and agree not to file any patent applications relating to such Inventions without first obtaining an express release from a duly authorized representative of
the Company. 

  

	10.	I agree to complete the attached Employee Proprietary Materials Disclosure Form and return it with this executed Release, even if I have nothing to disclose.

  

	11.	By my signature below, I certify that I do not have in my possession, nor have I deleted, destroyed or otherwise failed to return any devices, records, data, notes, reports,
proposals, lists, software, hardware, correspondence, specifications, drawings, blueprints, sketches, materials, equipment, other documents or property, or reproductions of any of these items belonging to the Company which were in my possession or
to which I had access. 

  

	12.	This Release shall be construed in accordance with the internal laws, and not the law of conflicts, of the Commonwealth of Pennsylvania. 

  

	13.	This Release shall be binding upon me, and my heirs, administrators, representatives, executors, and assigns and shall inure to the benefit of the Company and any of its successors
or assigns. 

  

	14.	I hereby authorize the Company’s brokers to sell, on my behalf, a sufficient number of such vested shares to reimburse the Company for the total amount of (i) income tax
that would be payable by me on the date of vesting of such restricted stock, and (ii) the par value of each share of stock ($0.07 per share) that has so vested. 

 I HAVE CAREFULLY READ THIS ENTIRE DOCUMENT. I UNDERSTAND THAT BY SIGNING THIS DOCUMENT, I AM WAIVING ALL CLAIMS RELATING TO MY EMPLOYMENT WITH THE COMPANY AND THE TERMINATION OF THAT EMPLOYMENT. I ACKNOWLEDGE
THAT I HAVE HAD A FULL AND FAIR OPPORTUNITY TO REVIEW THIS WAIVER WITH MY LEGAL COUNSEL, THAT I AM NOT RELYING ON ANY REPRESENTATIONS MADE BY THE COMPANY, ITS AGENTS, REPRESENTATIVES, OR ATTORNEYS OTHER THAN THOSE CONTAINED HEREIN, AND INTENDING TO
BE LEGALLY BOUND HEREBY, I HAVE ENTERED INTO THIS WAIVER VOLUNTARILY. 
 You should consult with an attorney prior to signing this document.

 I have signed this WAIVER AND RELEASE this          day of
                    , 2006. 
  

			
	Employee Signature:	 	  

		 	Gene S. Godick
	Home Email Address:	 	

 Effective on the Termination Date, but conditioned upon your not exercising your right of revocation as set forth
under Paragraph 4 hereof, the Company hereby releases (and the Company will cause its parent, subsidiaries, affiliated businesses and divisions, directors, officers, employees and agents to release) you, your heirs, personal representatives and
assigns from any and all claims which the Company may have, arising out of your employment with the Company, to the extent reasonably known by the Company at the Termination Date, other than claims arising under this Agreement and the
Confidentiality and Non-Competition Agreement. The Company shall instruct its officers and directors to not make any disparaging remarks or statements regarding you, your employment with the Company or your professional career and/or personal life,
except as may be required by law.
  

			
	VERTICALNET, INC.
		
	By:	 	  

	Name:	 	  

	Title:	 	  

	Date:

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