Document:

Amendent No. 2 to Asset Purchase Agreement, dated as of April 17, 2008

 Exhibit 10.14 
 Execution 
 AMENDMENT NO. 2 
 TO 
 ASSET PURCHASE AGREEMENT 

 THIS AMENDMENT NO. 2 TO ASSET PURCHASE AGREEMENT (this
“Amendment”) is made as of the 17th day of April, 2008 (the “Effective Date”), between L.M. BERRY AND
COMPANY, a Georgia corporation (“Seller”), and LOCAL INSIGHT REGATTA HOLDINGS, INC., a Delaware corporation (“Purchaser”). 
 RECITALS: 
  

	 	A.	 Seller and Purchaser are parties to that certain Asset Purchase Agreement dated as of February 1, 2008, as amended by that certain Amendment No. 1 to
Asset Purchase Agreement dated as of April 11, 2008 (as so amended, the “Purchase Agreement”). 

  

	 	B.	 Seller and Purchaser desire to amend and modify the Purchase Agreement as set out in this Amendment. 

 NOW, THEREFORE, in consideration of the premises, and the mutual representations, warranties, covenants and agreements hereinafter
set forth, the parties hereto agree as follows: 
 1. Defined Terms. Capitalized terms used in but not defined in this
Amendment shall have the respective meanings ascribed thereto as set forth in the Purchase Agreement. 
 2. Amendment of
Section 1.7(a) of the Purchase Agreement. The definition of “Disputed CT Receivable Amount” appearing as item (vii) of Section 1.7(a) of the Purchase Agreement is hereby amended by deleting such definition
and inserting in lieu thereof the following: 
 “Disputed CT Receivable Amount” shall mean
(I) $2,318,867.00, plus (II) plus any amounts actually paid pursuant to Section 5 of that certain Settlement Agreement dated April 16, 2008 (the “Settlement Agreement”) between Seller and CenturyTel
Service Group, LLC, a Louisiana limited liability company (“CenturyTel”), by or on behalf of Seller to CenturyTel on or prior to 11:59 p.m. Eastern time on the Business Day before the Closing Date, less (III) the amount
relinquished by Seller pursuant to Section 2 of the Settlement Agreement, and less (IV) any payments actually received by Seller from CenturyTel in respect of the Disputed CT Receivable on or after the Effective Time of this Amendment
and on or prior to 11:59 p.m. Eastern time on the Business Day before the Closing Date; provided that Seller has made the journal entries relating to any of items (II), (III) or (IV).” 
  

 1 

 3. Amendment of Page 1 of Schedule 1.7(a) to the Purchase Agreement. Footnote 3
appearing on Page 1 of Schedule 1.7(a) to the Purchase Agreement is hereby amended by deleting the text of such footnote in its entirety and inserting in lieu thereof the phrase “Disputed CT Receivable Amount as defined in the
Section 1.7(a) of the Asset Purchase Agreement.” 
 4. Amendment of Page 3 of Schedule 1.7(a) to the
Purchase Agreement. A new Footnote 3 is added to Page 3 of Schedule 1.7(a) as follows: “Any liability accrued to reflect a payment obligation to Century pursuant to the Settlement Agreement, if any, will be excluded from the actual
CWC (which accrued liability will be paid by Seller).” 
 5. Effective Date. This Amendment shall become
effective on the Effective Date. 
 6. No Other Amendments. Except as expressly amended and modified herein, the
Purchase Agreement shall continue in full force and effect in accordance with its terms. 
 7. Counterparts. This
Amendment may be executed in two or more counterparts, each of which shall be deemed an original and all of which together shall constitute but one and the same instrument. It shall not be necessary that any single counterpart hereof be executed by
all parties so long as at least one counterpart hereof is executed by each of the parties hereto. 
 8. Governing Law.
This Amendment will be governed by and construed in accordance with the laws of the State of Delaware, without regard to its conflict of law principles. 
 [Signatures Appear on Following Pages] 
  

 2 

 IN WITNESS WHEREOF, the parties hereto have executed or have caused this
Amendment to be executed by a duly authorized officer or Authorized Representative as of the date first above written. 
  

			
	L.M. BERRY AND COMPANY
		
	By:	 	/s/ Daniel J. Graham
		 	Daniel J. Graham
		 	President and Chief Executive Officer

 [Signature Page to Amendment No. 2 to Asset Purchase Agreement]

 IN WITNESS WHEREOF, the parties hereto have executed or have caused this
Amendment to be executed by a duly authorized officer or Authorized Representative as of the date first above written. 
  

			
	LOCAL INSIGHT REGATTA HOLDINGS, INC.
		
	By:	 	/s/ John S. Fischer
		 	John S. Fischer
		 	General Counsel and Secretary

 [Signature Page to Amendment No. 2 to Asset Purchase Agreement]Amendent No. 3 to Asset Purchase Agreement, dated as of April 18, 2008

 Exhibit 10.15 
 Execution 
 AMENDMENT NO. 3 
 TO 
 ASSET PURCHASE AGREEMENT 

 THIS AMENDMENT NO. 3 TO ASSET PURCHASE AGREEMENT (this
“Amendment”) is made as of the 18th day of April, 2008 (the “Effective Date”), between L.M. BERRY AND
COMPANY, a Georgia corporation (“Seller”), and LOCAL INSIGHT REGATTA HOLDINGS, INC., a Delaware corporation (“Purchaser”). 
 RECITALS: 
  

	 	A.	 Seller and Purchaser are parties to that certain Asset Purchase Agreement dated as of February 1, 2008, as amended by that certain Amendment No. 1 to
Asset Purchase Agreement dated as of April 11, 2008, and as further amended by that certain Amendment No. 2 to Asset Purchase Agreement dated as of April 17, 2008 (as so amended, the “Purchase Agreement”).

  

	 	B.	 Seller and Purchaser desire to further amend and modify the Purchase Agreement as set out in this Amendment. 

 NOW, THEREFORE, in consideration of the premises, and the mutual representations, warranties, covenants and agreements hereinafter
set forth, the parties hereto agree as follows: 
 1. Defined Terms. Capitalized terms used in but not defined in this
Amendment shall have the respective meanings ascribed thereto as set forth in the Purchase Agreement. 
 2. Designation of
Closing Date. Pursuant to Section 1.6(a) of the Purchase Agreement and notwithstanding prior designations of the “Closing Date,” Seller and Purchaser hereby designate April 23, 2008 as the “Closing Date.”

 3. New Section 4.26 to the Purchase Agreement. A new Section 4.26 is added to the Purchase Agreement at
the end of Article IV thereof, as follows: 
 4.26 Excess Costs at Federal Way, WA. To the extent that the actual costs
for the “Tenant Improvements” described on the attached Annex 4.26 exceeds $111,561.80, Seller will reimburse Purchaser for such excess costs within thirty (30) days of presentation to Seller of written evidence reasonably
satisfactory to Seller of such excess costs; provided that Purchaser must present Seller with such written evidence within 60 days following completion of the Tenant Improvements requesting reimbursement therefor or this obligation shall
terminate and be of no further force or effect. 

 4. New Section 4.27 to the Purchase Agreement. A new Section 4.27 is
added to the Purchase Agreement immediately following new Section 4.26, as follows: 
 4.27 Excess Rental Costs at
Rochester, NY. Seller shall pay to Purchaser as compensation for increased rental costs under the Agreement of Lease (the “Rochester Lease”) dated June 3, 2004, between Seller and Corporate Woods Associates, LLC, for the
period commencing on May 1, 2008 through and including November 30, 2009 (the “Excess Rent Coverage Period”), those amounts set forth in the table below (such amounts being referred to as “Excess Rent”).
Excess Rent for the relevant month shall be payable by Seller to Purchaser monthly on or before the first day of each relevant calendar month during the Excess Rent Coverage Period. 
  

				
	 Calendar Month
	  	Monthly Amount
of Excess Rent
	 For each calendar month commencing May 2008 to and including November 2008
	  	$	8,856.58
	 For each calendar month commencing December 2008 to and including April 2009
	  	$	8,587.47
	 For each calendar month commencing May 2009 to and including November 2009
	  	$	9,898.93

 5. Amendment of Exhibit 4.17 to Purchase Agreement. Exhibit 4.17 to the
Purchase Agreement shall deemed amended as necessary to conform it with the IP Agreement as executed and delivered at Closing. 
 6. Effective Date. This Amendment shall become effective on the Effective Date. 
 7. No Other
Amendments. Except as expressly amended and modified herein, the Purchase Agreement shall continue in full force and effect in accordance with its terms. 
 8. Counterparts. This Amendment may be executed in two or more counterparts, each of which shall be deemed an original and all of which together shall constitute but one and the same
instrument. It shall not be necessary that any single counterpart hereof be executed by all parties so long as at least one counterpart hereof is executed by each of the parties hereto. 

 9. Governing Law. This Amendment will be governed by and construed in accordance
with the laws of the State of Delaware, without regard to its conflict of law principles. 
 [Signatures Appear on Following Pages]

 IN WITNESS WHEREOF, the parties hereto have executed or have caused this
Amendment to be executed by a duly authorized officer or Authorized Representative as of the date first above written. 
  

			
	L.M. BERRY AND COMPANY
		
	By:	 	/s/ Daniel J. Graham
		 	Daniel J. Graham
		 	President and Chief Executive Officer

 IN WITNESS WHEREOF, the parties hereto have executed or have caused this Amendment to be
executed by a duly authorized officer or Authorized Representative as of the date first above written. 
  

			
	LOCAL INSIGHT REGATTA HOLDINGS, INC.
		
	By:	 	/s/ John S. Fischer
		 	John S. Fischer
		 	General Counsel and Secretary

 [Signature Page to Amendment No. 3 to Asset Purchase Agreement]Consulting Agreement, dated as of January 3, 2007

 Exhibit 10.16 
 CONSULTING AGREEMENT 
 THIS CONSULTING AGREEMENT (this “Agreement”) is made and
entered into as of January 3, 2007 (the “Effective Date”), by and between Welsh, Carson, Anderson & Stowe IX, L.P., a Delaware limited partnership (“WCAS”), and Local Insight Media, Inc., a Delaware
corporation (the “Consultant”). 
 RECITALS: 
 WHEREAS, WCAS is a party to that certain Share Exchange Agreement dated as of December 12, 2006 (the “Share Exchange Agreement”),
by and among WIN, the Parents and the WCAS Subs (as those terms are defined in the Share Exchange Agreement); 
 WHEREAS, WCAS is an
Affiliate (as that term is defined below) of: (i) the WCAS Subs and (ii) Consultant; 
 WHEREAS, pursuant to the Share Exchange
Agreement, the WCAS Subs will receive shares of common stock of Windstream Regatta Holdings, Inc. (“Holdings”), which at or prior to the Closing (as that term is defined in the Share Exchange Agreement) will own all the issued and
outstanding capital stock of Windstream Yellow Pages, Inc.; and 
 WHEREAS, WCAS desires to engage Consultant to perform certain consulting
services relating to the WCAS Subs’ acquisition, ownership and operation of Holdings and its subsidiaries, and Consultant desires to provide such consulting services, all in accordance with the terms of this Agreement; 
 NOW, THEREFORE, in consideration of the foregoing premises and the respective agreements hereinafter set forth and the mutual benefits to be derived
herefrom, Consultant and WCAS hereby agree as follows: 
 1. Definitions. As used herein, the following terms shall have the following
respective meanings: 
 “Affiliate” means, with respect to any Person, any other Person that, directly or indirectly through
one or more of its intermediaries, controls, is controlled by or is under common control with such Person. 
 “Services” has
the meaning set forth in Section 2. 
 “Person” means an individual, a partnership, a corporation, an association, a
limited liability company, a joint stock company, a trust, a joint venture, an unincorporated organization or any other entity (including any governmental entity or any department, agency or political subdivision thereof). 
 2. Engagement of Consultant; Scope of Services. WCAS hereby engages Consultant as an independent consultant to provide such consulting services
(including strategic, operational, 

 
finance and accounting, treasury, legal, human resource, integration and/or administrative services) relating to the WCAS Subs’ acquisition, ownership
and operation of Holdings and its subsidiaries as WCAS may from time to time request (the “Services”), and Consultant hereby accepts such engagement. 
 3. Compensation. 
 (a) In consideration of Consultant’s provision of the Services, WCAS shall
cause Holdings (or one or more of its subsidiaries or Affiliates) to pay to Consultant an amount equal to one hundred fifteen percent (115%) of Consultant’s fully burdened cost (including all direct costs and allocable indirect costs) of
providing the Services. Such compensation shall be paid as follows: 
 (i) At or following the Closing, Consultant shall
deliver to WCAS an invoice that: (A) describes in reasonable detail the Services rendered during the period commencing on the Effective Date and ending at the Closing and (B) sets forth one hundred fifteen percent (115%) of the fully
burdened cost of such Services. Subject to WCAS’s approval of the nature and cost of such Services, WCAS shall cause Holdings (or one or more of its subsidiaries or Affiliates) to pay such invoice as promptly as practicable following the
Closing (and in any event within thirty (30) days following the date of such invoice). 
 (ii) Within fifteen
(15) days after the end of each calendar quarter following the Closing, Consultant shall deliver to WCAS an invoice that: (A) describes in reasonable detail the Services rendered during the preceding calendar quarter (or, for the first
calendar quarter ending following the Closing, during the period commencing on the day after the Closing and ending on the last day of such calendar quarter) and (B) sets forth one hundred fifteen percent (115%) of the fully burdened cost
of such Services. Subject to WCAS’s approval of the nature and cost of the Services described in each such invoice, WCAS shall cause Holdings (or one or more of its subsidiaries or Affiliates) to pay such invoice thirty (30) days following
the date thereof. 
 (b) In addition to the amounts payable pursuant to Section 3(a), WCAS agrees to cause Holdings (or one or more of
its subsidiaries or Affiliates) to reimburse Consultant for all reasonable expenses incurred by Consultant that are directly attributable to the Services. Consultant will invoice WCAS for any such reimbursable expenses, and each such invoice shall
be accompanied by an itemized account of the claimed reimbursable expenses, together with copies of receipts relating thereto. Notwithstanding the foregoing, Consultant shall not be entitled to invoice WCAS for any reimbursable expenses prior to the
Closing. WCAS shall cause Holdings (or one or more of its subsidiaries or Affiliates) to pay the amounts set forth in each such invoice within thirty (30) days following the date thereof. 
 4. Independent Contractor. Nothing herein shall be construed to create a joint venture or partnership between the parties hereto or an
employee/employer relationship between WCAS or any of its Affiliates and Consultant’s personnel. Consultant shall be an independent contractor pursuant to this Agreement. Neither party hereto shall have any express or implied right or authority
to assume 

  

 -2- 

 
or create any obligations on behalf of or in the name of the other party or to bind the other party to any contract, agreement or undertaking with any third
party. 
 5. Liability. Neither Consultant nor any of its Affiliates, stockholders, employees, consultants or agents shall be liable
to WCAS for any loss, liability, damage or expense arising out of or in connection with the performance of the Services, unless such loss, liability, damage or expense is caused by the gross negligence, willful misconduct or bad faith of Consultant
or its Affiliates, stockholders, employees, consultants or agents. 
 6. Term. 
 (a) Unless sooner terminated as provided in Section 6(b), this Agreement shall commence on the Effective Date and shall continue in full force and
effect until December 31, 2007, and shall thereafter automatically renew for successive one (1) year terms, unless, not less than thirty (30) days prior to the expiration of the then-current term of this Agreement, either party
notifies the other party in writing of its decision to terminate this Agreement upon the expiration of the then-current term of this Agreement. 
 (b) This Agreement may be terminated: 
 (i) By Consultant or WCAS, immediately upon written notice of termination,
in the event of a material breach of this Agreement by the other party, if such breach continues uncured for a period of twenty (20) days after written notice of such breach; 
 (ii) Automatically and without notice: (A) upon the institution by or against either party of insolvency, receivership or bankruptcy
proceedings; (B) upon either party’s making of an assignment for the benefit of creditors; or (C) upon either party’s dissolution or ceasing to do business; or 
 (iii) By an executed written agreement between Consultant and WCAS. 
 7. Notices. All notices, demands or other communications to be given or delivered by reason of the provisions of this Agreement will be in writing
and will be deemed to have been given: (i) on the date of personal delivery to the recipient or an officer of the recipient; or (ii) when sent by telecopy or facsimile machine to the number shown below on the date of such confirmed
facsimile or telecopy transmission (provided that a confirming copy is sent via overnight mail); or (iii) when properly deposited for delivery by a nationally recognized commercial overnight delivery service, prepaid, or by deposit in the
United States mail, certified or registered mail, postage prepaid, return receipt requested. Such notices, demands and other communications will be sent to each party at the address indicated for such party below: 
  

 -3- 

 If to Consultant: 
 Local Insight Media, Inc. 
 8310 South Valley Highway, Third Floor 
 Englewood, Colorado 80112 
 Attention: John S.
Fischer, Esq. 
 Facsimile: 303-524-1286 
 If to WCAS: 
 Welsh, Carson, Anderson & Stowe IX, L.P. 
 320 Park Avenue, Suite 2500 
 New York, New
York 10022 
 Attention: John Almeida, Jr. 
 Facsimile: 212-893-9575 
 8. Entire Agreement; Modification. This Agreement: (i) contains the
complete and entire understanding and agreement of Consultant and WCAS with respect to the subject matter hereof and (ii) supersedes all prior and contemporaneous understandings, conditions and agreements, oral or written, express or implied,
regarding the engagement of Consultant in connection with the subject matter hereof. The provisions of this Agreement may be amended, modified and/or waived only by a written instrument executed by Consultant and WCAS. 
 9. Waiver of Breach. The waiver by either party of a breach of any provision of this Agreement by the other party shall not operate or be
construed as a waiver of any subsequent breach of that provision or any other provision hereof. 
 10. Assignment; Successors and
Assigns. Neither party hereto may assign this Agreement or any interest herein without the prior written consent of the other party hereto; provided, however, that: (i) no such prior written consent shall be required for Consultant
to assign this Agreement and its rights and obligations hereunder to (A) any Affiliate of Consultant or (B) any Person that acquires all or substantially all the assets or shares of capital stock of Consultant and (ii) either party to
assign this Agreement and its rights and obligations hereunder to its lenders for collateral security purposes. All covenants and agreements contained in this Agreement by or on behalf of any of the parties hereto will bind and inure to the benefit
of the respective successors and assigns of the parties hereto whether so expressed or not. 
 11. Counterparts. This Agreement may be
executed and delivered by each party hereto in separate counterparts (including by means of facsimile), each of which when so executed and delivered shall be deemed an original and both of which taken together shall constitute one and the same
agreement. 
 12. Severability. Whenever possible, each provision of this Agreement will be interpreted in such manner as to be
effective and valid under applicable law, but if any one or more of the 

  

 -4- 

 
provisions of this Agreement is held to be invalid, illegal or unenforceable in any respect, such invalidity, illegality or unenforceability shall not affect
any other provision of this Agreement. Moreover, if one or more of the provisions contained in this Agreement shall for any reason be held to be excessively broad or unreasonable as to the scope, duration, area, activity or substituted by the
appropriate judicial body so as to cover the maximum scope, duration, area or activity or subject permitted by applicable law. 
 13.
Governing Law. Issues and questions concerning the construction, validity, enforcement and interpretation of this Agreement will be governed by, and construed in accordance with, the laws of the State of Delaware, without giving effect to any
choice of law or conflict of law rules or provisions (whether of the State of Delaware or any other jurisdiction) that would cause the application of the laws of any jurisdiction other than the State of Delaware. In furtherance of the foregoing, the
internal law of the State of Delaware will control the interpretation and construction of this Agreement. 
 14. WAIVER OF JURY TRIAL.
EACH PARTY TO THIS AGREEMENT HEREBY WAIVES, TO THE FULLEST EXTENT PERMITTED BY LAW, ANY RIGHT TO TRIAL BY JURY OF ANY CLAIM, DEMAND, ACTION, OR CAUSE OF ACTION (I) ARISING UNDER THIS AGREEMENT OR (II) IN ANY WAY CONNECTED WITH OR RELATED OR
INCIDENTAL TO THE DEALINGS OF THE PARTIES HERETO IN RESPECT OF THIS AGREEMENT OR ANY OF THE TRANSACTIONS RELATED HERETO, IN EACH CASE WHETHER NOW EXISTING OR HEREAFTER ARISING, AND WHETHER IN CONTRACT, TORT, EQUITY, OR OTHERWISE. EACH PARTY TO THIS
AGREEMENT HEREBY AGREES AND CONSENTS THAT ANY SUCH CLAIM, DEMAND, ACTION, OR CAUSE OF ACTION WILL BE DECIDED BY COURT TRIAL WITHOUT A JURY AND THAT THE PARTIES TO THIS AGREEMENT MAY FILE AN ORIGINAL COUNTERPART OR A COPY OF THIS AGREEMENT WITH ANY
COURT AS WRITTEN EVIDENCE OF THE CONSENT OF THE PARTIES HERETO TO THE WAIVER OF THEIR RIGHT TO TRIAL BY JURY. 
 15. No Strict
Construction. The parties hereto have participated jointly in the negotiation and drafting of this Agreement. In the event any ambiguity or question of intent or interpretation arises, this Agreement shall be construed as if drafted jointly by
the parties hereto, and no presumption or burden of proof shall arise favoring or disfavoring any party by virtue of the authorship of any of the provisions of this Agreement. 
 16. Descriptive Headings; Interpretation. The descriptive headings of this Agreement are inserted for convenience only and do not constitute a
substantive part of this Agreement. Whenever required by the context, any pronoun used in this Agreement shall include the corresponding masculine, feminine, or neuter forms, and the singular form of nouns, pronouns, and verbs shall include the
plural and vice versa. The use of the word “including” in this Agreement shall be, in each case, by way of example and without limitation. The use of the words “or,” “either,” and
“any” shall not be exclusive. Reference to any agreement, document, or instrument means such agreement, document, or instrument as amended or otherwise modified from time to time in accordance with the terms thereof, and, if
applicable, hereof. 
  

 -5- 

 17. Survival. The respective rights and obligations of the parties under Sections 3, 4, 5, 7, 8,
12, 13, 14, 15, 16 and 17 of this Agreement shall survive the termination or expiration of this Agreement. 
 [Signature page follows]

 *  *  *  *  *  *  * 
  

 -6- 

 IN WITNESS WHEREOF, the undersigned have executed this Agreement as of the Effective Date. 
  

			
	WELSH CARSON, ANDERSON & STOWE IX, L.P.

		
	By:	 	WCAS IX Associates LLC
	Its:	 	General Partner
		
	By:	 	 /s/ John Almeida, Jr.

		 	John Almeida, Jr.
		 	Managing Member
	
	LOCAL INSIGHT MEDIA, INC.
		
	By:	 	 /s/ Scott A. Pomeroy

		 	Scott A. Pomeroy
		 	President and Chief Executive Officer

  

 -7-

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00144-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00144-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00144-of-00352.parquet"}]]