Document:

First Amendment to Loan and Security Agreement

 Exhibit 10.1 
 SECOND AMENDMENT 
 TO 

LOAN AND SECURITY AGREEMENT 
 This Second Amendment to Loan and Security Agreement (the “Amendment”), is entered into as of April 11, 2012, by and between Square 1 Bank (the “Bank”)
and Local.com Corporation, Krillion, Inc. and Screamin Media Group, Inc. (collectively known as, the “Borrower”). 
 RECITALS 
 Borrower and Bank are parties to that certain Loan and Security Agreement
dated as of August 3, 2011 (as amended from time to time, the “Agreement”). The parties desire to amend the Agreement in accordance with the terms of this Amendment. Unless otherwise defined herein, capitalized terms
shall have the same meaning as given to them in the Agreement. 
 NOW, THEREFORE, the parties agree as follows: 

 

	1)	The following definitions in Exhibit A to the Agreement are hereby amended and restated, as follows: 

“Liquidity” means the sum of (i) Cash in Bank plus (ii) the most recent Borrowing Base minus (iii) the aggregate
amount outstanding under the Non-Formula Revolving Line. 
 “Liquidity Ratio” means the ratio of Liquidity to the
aggregate amount outstanding under the Formula Revolving Line. 
 “Non-Formula Revolving Line” means a Credit Extension
of up to (i) $3,000,000, except that, for thirty (30) days during each calendar quarter, the term “Non-Formula Revolving Line” shall mean a Credit Extension of up to $5,000,000; provided however, that under no circumstances shall
the aggregate amount of outstanding Advances exceed the Total Facility Cap, and availability of Non-Formula Advances under the Non-Formula Revolving Line shall be reduced accordingly. 

 

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

  

	3)	Borrower represents and warrants that the representations and warranties contained in the Agreement are true and correct as of the date of this Amendment.

 Local.com Corporation – 2nd Amendment to LSA 

  
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	4)	This Amendment may be executed in two or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one instrument.

  

	5)	As a condition to the effectiveness of this Amendment, Bank shall have received, in form and substance satisfactory to Bank, the following: 

 

	 	a)	this Amendment, duly executed by Borrower; 

  

	 	b)	an officer’s certificate of Borrower with respect to incumbency and resolutions authorizing the execution and delivery of this Amendment; 

 

	 	c)	payment for all Bank Expenses, including Bank’s expenses in the documentation of this Amendment and any related documents, which may be debited from any of
Borrower’s accounts; and 

  

	 	d)	such other documents and completion of such other matters, as Bank may reasonably deem necessary or appropriate. 

[Remainder of Page Intentionally Left Blank] 
 Local.com Corporation – 2nd Amendment to LSA 

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

  

									
	LOCAL.COM CORPORATION	 		 	SQUARE 1 BANK
					
	By:	 	 /s/ Kenneth S. Cragun
	 		 	By:	 	 /s/ Christopher Erro

	Name:	 	Kenneth S. Cragun	 		 	Name:	 	Christopher Erro
	Title:	 	CFO	 		 	Title:	 	SVP, Venture Banking
				
	KRILLION, INC.	 		 		 	
					
	By:	 	 /s/ Kenneth S. Cragun
	 		 		 	
	Name:	 	Kenneth S. Cragun	 		 		 	
	Title:	 	CFO	 		 		 	
				
	SCREAMIN MEDIA GROUP, INC.	 		 		 	
					
	By:	 	 /s/ Kenneth S. Cragun
	 		 		 	
	Name:	 	Kenneth S. Cragun	 		 		 	
	Title:	 	CFO	 		 		 	

 [Signature Page to Second Amendment to Loan and Security Agreement] 

Local.com Corporation – 2nd Amendment to LSA 

  
 3Amendment Number 5

 Exhibit 10.2 
 EXECUTION COPY 
 YAHOO! PUBLISHER NETWORK CONTRACT #1-26652287-5

 Amendment #5 
 to the 
 Yahoo! Publisher Network Contract #1-26652287 

Effective Date August 28, 2010, as amended (“Original Agreement”) 

This Amendment #5 to the Original Agreement (“Amendment #5”) is made effective as of the latter date of Yahoo!
Inc. or Local.com Corporation’s signature below (“Amendment #5 Effective Date”) by and between Yahoo! Inc. (“Yahoo!”) and Local.com Corporation (“Publisher”) to amend the
Original Agreement. All capitalized terms not defined herein shall have the meanings assigned to them in the Original Agreement. 
 In consideration of these mutual covenants and for such other good and valuable consideration, the sufficiency of which is acknowledged by the parties hereto, Yahoo! and Publisher desire to as of the
Amendment #5 Effective Date amend the Original Agreement as follows: 
  

	1.	The following is added to Attachment A (Implementation Requirements): 

 “G. Additional Requirements for Mobile Ad Module Implementation 
  

	 	1.	Publisher must obtain Yahoo!’s prior written approval to implement Mobile Overlays (as defined in section G(7) below) on a Publisher’s Offering that includes
an ad unit overlay hosted by Publisher or Syndication Affiliates (as the case may be) containing a Search Box, Paid Search Result or Matched Ad on the web pages of the Publisher’s Offering that are accessed by a user via a mobile device
Internet browser or other Mobile Application (as defined in the Software Attachment) (such ad unit overlay, “Mobile Ad Module”). In addition, (a) the Mobile Ad Module will be substantially similar to the mockups attached hereto
or as otherwise approved in writing by Yahoo!, (b) the parties will agree in writing on the web pages within the Publisher’s Offering that will display the Mobile Ad Module, and (c) Publisher will comply with the additional
requirements set forth in this Section G and any additional guidelines provided by Yahoo! to Publisher in writing. For clarity, once a user enters a Query in the Search Box in the Mobile Ad Module, the user will be redirected to a webpage hosted by
Publisher or Syndication Affiliates (as the case may be) containing the applicable Results. 

  

	 	2.	Publisher must obtain Yahoo!’s prior written approval of all Mobile Ad Module templates and any proposed changes to any previously approved Mobile Ad Module
templates. Publisher shall not permit any Syndication Affiliate to alter the display, implementation or appearance of the Mobile Ad Modules. 

  

	 	3.	Publisher’s right to use and display Mobile Ad Modules on Publisher’s Offerings shall be limited to ***. 

 

	 	4.	Yahoo! shall have the right, for any reason or no reason, in its sole discretion, to immediately require Publisher to terminate (a) the implementation of Mobile Ad
Modules on any or all Publisher’s Offerings and/or (b) the use and display of Links and Results in connection with Mobile Overlays described in this Section G. 

 

	CONFIDENTIAL	

  

	***	- Portions of this page have been omitted pursuant to a request for confidential treatment and filed separately with the Securities and Exchange Commission.

  
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 EXECUTION COPY 
 YAHOO! PUBLISHER NETWORK CONTRACT #1-26652287-5 
  

	 	5.	Publisher represents and warrants that it has the legal right, power and authority to exploit the Mobile Overlays as contemplated in this Agreement and that the Mobile
Overlays comply with all laws, rules and regulations.

  

	 	6.	In addition to and without limitation of Publisher’s other indemnification obligations under this Agreement, Publisher will indemnify, defend and/or settle, and
pay damages awarded pursuant to, any third party claim brought against Yahoo!, any Yahoo! Related Party and any Advertiser, arising out of or related to Publisher’s implementation of Mobile Overlays and Mobile Ad Modules (excluding Links and
Results) in violation of this Agreement. The limitation of liability described in Section 17 of the Terms and Conditions shall not apply to any amounts owed by Publisher under this Section. 

 

	 	7.	“Mobile Overlay” means *** proprietary technology that (a) presents an overlay module on webpages that are accessed via a mobile device Internet
browser or other Mobile Application as shown in the attached mockups, (b) is used on the *** operating systems and such other mobile operating systems that Yahoo! and Publisher mutually agree upon and (c) implements Mobile Ad Modules as
described in this Section G. Publisher must obtain Yahoo!’s prior written approval to use any such proprietary technology from a third party other than ***.” 

 

	2.	The following is added to Attachment C (Syndication Attachment): 

 a. to Section 1 (Definitions) of the Syndication Attachment: 
  

	 	“(d)	Syndicated Applications” means the Affiliate’s Mobile Applications (as defined in the Software Attachment) that Yahoo! approves in writing. Additional
or successor Applications must each be individually approved for syndication.” 

 b. to Section 2 (Links
and Results) of the Syndication Attachment: 
  

	 	“2.	Links and Results. Publisher may syndicate the following Links and Results to Syndicated Sites, Fully Syndicated Sites and Syndicated Applications, as
the case may be (collectively, “Syndication Right”):” 

  

	3.	Miscellaneous. 

  

	 	(a)	Except as expressly set forth herein, the terms and conditions of the Original Agreement are unmodified and remain in full force and effect. 

 

	 	(b)	The Original Agreement is amended to provide that references in the Original Agreement to “this Agreement” or “the Agreement” (including indirect
references such as “hereunder”, “hereby”, “herein” and “hereof”) shall be deemed references to the Original Agreement as amended hereby. All capitalized defined terms used but not defined herein shall have the
same meaning as set forth in the Original Agreement. 

  

	 	(c)	This Amendment #5 may be executed in one or more counterparts, each of which when executed shall be deemed to be an original but all of which taken together shall
constitute one and the same instrument. An electronically transmitted signature via pdf or facsimile shall be deemed the equivalent to an original ink signature. 

 

	CONFIDENTIAL	

  

	***	- Portions of this page have been omitted pursuant to a request for confidential treatment and filed separately with the Securities and Exchange Commission.

  
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 EXECUTION COPY 
 YAHOO! PUBLISHER NETWORK CONTRACT #1-26652287-5 
  

	 	(d)	In the event of a conflict between any of the terms and conditions of the Original Agreement and any of the terms and conditions of this Amendment #5, the terms and
conditions of this Amendment #5 shall control. 

 IN WITNESS WHEREOF, the parties hereto have caused this Amendment
#5 to the Original Agreement to be executed by their duly authorized representatives as of the dates set forth below. 
  

									
	YAHOO! INC.	 		 	LOCAL.COM CORPORATION
					
	By:	 	 /s/ Al Echamendi
	 		 	By:	 	 /s/ Michael Sawtell

	Name:	 	/s/ Al Echamendi	 		 	Name:	 	/s/ Michael Sawtell
	Title:	 	VP, Bus Dev	 		 	Title:	 	President/COO
	Date:	 	April 12, 2012	 		 	Date:	 	April 11, 2012

  

	CONFIDENTIAL	

  

	***	- Portions of this page have been omitted pursuant to a request for confidential treatment and filed separately with the Securities and Exchange Commission.

  
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