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Exhibit 10.34    
  

"THIS
WARRANT AND THE SHARES OF STOCK ISSUABLE UPON EXERCISE HEREOF HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, AND MAY NOT BE OFFERED, SOLD, TRANSFERRED, HYPOTHECATED OR
OTHERWISE ASSIGNED EXCEPT PURSUANT TO (1) A REGISTRATION STATEMENT WITH RESPECT TO SUCH SECURITIES WHICH IS EFFECTIVE UNDER SUCH ACT OR (2) AN AVAILABLE EXEMPTION FROM REGISTRATION UNDER
SUCH ACT RELATING TO THE DISPOSITION OF SUCH SECURITIES." 

 
 

WARRANT TO PURCHASE SHARES OF COMMON STOCK    
  

        THIS CERTIFIES THAT, for value received, Confi-chek, Inc., a California corporation (the
"Holder"), is entitled to subscribe for and purchase that number of shares as provided in Section 1 hereof (as adjusted pursuant to the
provisions hereof) of the Common Stock (as defined below) of USSearch.com Inc., a Delaware corporation (the "Company"), at a price per share of
$0.84 (as adjusted pursuant to the provisions hereof, the "Exercise Price"), subject to the provisions and upon the terms and conditions hereinafter set
forth in this warrant ("Warrant"). As used herein, the term "Common Stock" shall mean the Company's
presently authorized common stock, $.01 par value per share, and any stock into or for which such Common Stock may hereafter be converted or exchanged, and the term "Grant
Date" shall mean October 23, 2001. 

        This
Warrant is issued pursuant to that certain Data Access Agreement by and between the Company and the Holder (the "Data Agreement") and
is contingent upon entering into said Data Agreement. If the Data Agreement is terminated for any reason, any unvested warrants at the time of termination shall be canceled. 

	1.
	Number of Shares; Term. As of the Grant Date, the Holder shall be entitled to purchase up to an aggregate of 250,000 shares of Common
Stock pursuant to this Warrant. This Warrant is exercisable with respect to one-third of such shares, in whole or in part, at any time and from time to time from on or after the first
anniversary of the Grant Date. This Warrant is exercisable with respect to two-thirds of
such shares, in whole or in part, at any time and from time to time from on or after the second anniversary of the Grant Date. This Warrant is exercisable with respect to all of such shares, in whole
or in part, at any time and from time to time from on or after the third anniversary of the Grant Date and prior to 5:00 p.m. Pacific Time on the fifth anniversary of the Grant Date.

	2.
	Method of Exercise and Payment; Issuance of New Warrant; Contingent Exercise.

	a.
	Subject
to Section 1 hereof, this Warrant may be exercised by the Holder hereof by the surrender of this Warrant (with the notice of exercise form attached hereto as
Exhibit l-A duly executed) at the principal office of the Company and by the payment to the Company of cash or a certified check or a wire transfer in an amount equal to the then
applicable Exercise Price multiplied by the number of shares of Common Stock then being purchased. In the alternative, the Holder hereof may exercise its right to purchase some or all of the shares of
Common Stock pursuant to this Warrant, on a net basis, such that, without the exchange of any funds, the Holder hereof receives that number of shares of Common Stock subscribed to pursuant to this
Warrant less that number of shares of Common Stock having an aggregate fair market value (as defined below) at the time of exercise equal to the aggregate Exercise Price that would otherwise have been
paid by the Holder for the number of shares of Common Stock subscribed to under this Warrant. Fair market value, on a per-share basis, shall be deemed to be (i) the daily closing
price (as defined below) per share on the date immediately preceding the date of exercise; and (ii) if the Common Stock is not publicly held, listed or traded, the fair value per share
determined reasonably and in good faith by the 

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Board
of Directors of the Company. The closing price for each day shall be the last sale price or, in case no such sale takes place on such day, the average of the closing bid and asked prices, in
either case as reported on the principal consolidated transaction reporting system with respect to securities listed on the principal national securities exchange on which the Common Stock is listed
or admitted to trading; or, if not listed or admitted to trading on any national securities exchange, the last quoted price (or, if not so quoted, the average of the last quoted high bid and low asked
prices) in the over-the-counter market, as reported by NASDAQ or such other system then in use; or, if on any such date no bids are quoted by any such organization, the average
of the closing bid and asked prices as furnished by a professional market maker making a market in such security selected by the members of the Board of Directors of the Company. 

	b
	The
Company agrees that the shares of Common Stock so purchased shall be deemed to be issued to the Holder hereof as the record owner of such shares as of the close of business on the
date on which this Warrant shall have been surrendered and payment made for such shares as aforesaid. In the event of any exercise of the rights represented by this Warrant, certificates for the
shares of Common Stock so purchased shall be delivered to the Holder hereof within 15 days thereafter and, unless this Warrant has been fully exercised or has expired pursuant to
Section 1 hereof, a new Warrant representing the shares of Common Stock, if any, with respect to which this Warrant shall not then have been exercised, shall also be issued to the Holder hereof
within such 15-day period. 

	3.
	Stock Fully Paid; Reservation of Share. All shares of Common Stock issuable upon exercise of this Warrant shall, upon issuance, be
validly issued, fully paid and nonassessable, and free from all taxes,
liens and charges with respect to the issue thereof. During the period within which this Warrant may be exercised, the Company will at all times have duly authorized and reserved, for the purpose of
issuance upon exercise of this Warrant, a sufficient number of shares of Common Stock.

	4.
	Reclassification or Merger. In case of any reclassification, stock split, stock dividend, change or conversion of securities of the
class issuable upon exercise of this Warrant (other than a change in par value, or from par value to no par value, or from no par value to par value, or as a result of a subdivision or combination),
or in case of any merger of the Company with or into another corporation or entity (other than a merger with another corporation in which the Company is a continuing corporation and which does not
result in any reclassification or change of outstanding securities issuable upon exercise of this Warrant), or in case of any sale of all or substantially all of the assets of the Company, the
Company, or such successor or purchasing corporation or entity, as the case may be, shall execute a new Warrant (in form and substance satisfactory to the Holder of this Warrant) providing that the
Holder of this Warrant shall have the right to exercise such new Warrant and upon such exercise to receive, in lieu of each share of Common Stock, the kind and amount of shares of stock, other
securities, money and property receivable upon such reclassification, change or merger by a holder of one share of Common Stock. Such new Warrant shall provide for adjustments that shall be as nearly
equivalent as may be practicable to the adjustments provided for in this Section 4. The provisions of this Section 4(e) shall similarly apply to successive reclassifications, changes,
mergers and transfers.

	5.
	No Impairment. The Company will not, by amendment of its certificate of incorporation or through any reorganization, recapitalization,
transfer of assets, consolidation, merger, dissolution, issuance or sale of securities or any other voluntary action, avoid or seek to avoid the observance or performance of any of the terms to be
observed or performed hereunder by the Company, and will take all such actions as may be necessary or appropriate in order to protect the rights of the Holder of this Warrant against impairment. 

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	6.
	Notices of Record Date. In the event of any taking by the Company of a record of its shareholders for the purpose of determining
shareholders who are entitled to receive payment of any dividend or other distribution, any right to subscribe for, purchase or otherwise acquire any share of any class or any other securities or
property, or to receive any other right, or for the purpose of determining shareholders who are entitled to vote in connection with any proposed merger or consolidation of the Company with or into any
other corporation, or any proposed sale, lease or conveyance of all or substantially all of the assets of the Company, or any proposed liquidation, dissolution or winding up of the Company, then, in
connection with each such event, the Company shall mail to the Holder of this Warrant at least fifteen (15) days prior written notice of the date on which any such record is to be taken for the
purpose of such dividend, distribution, right(s) or vote of the shareholders. Each such written notice shall specify the amount and character of any such dividend, distribution or right(s), and shall
set forth, in reasonable detail, the matter requiring any such vote of the shareholders.

	7.
	Fractional Shares. No fractional shares of Common Stock will be issued in connection with any exercise hereunder, but in lieu of such
fractional shares the Company shall make a cash payment therefor based upon the per share fair market value of the Common Stock on the date of exercise.

	8.
	Compliance with Securities Act: Disposition of Warrant or Shares of Common Stock.

	a.
	Compliance with Securities Act. The Holder of this Warrant, by acceptance hereof, agrees that this Warrant and the shares of Common
Stock to be issued upon exercise hereof are being acquired for investment and that such Holder will not offer, sell or otherwise dispose of this Warrant or any shares of Common Stock to be issued upon
exercise hereof except under circumstances which will not result in a violation of the Securities Act. This Warrant and all shares of Common Stock issued upon exercise of this Warrant (unless
registered under the Securities Act) shall be stamped or imprinted with a legend in substantially the following form: 

"THE
SECURITIES REPRESENTED HEREBY HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, AND MAY NOT BE OFFERED, SOLD, TRANSFERRED, HYPOTHECATED OR OTHERWISE ASSIGNED EXCEPT PURSUANT
TO (1) A REGISTRATION STATEMENT WITH RESPECT TO SUCH SECURITIES WHICH IS EFFECTIVE UNDER SUCH ACT OR (2) AN AVAILABLE EXEMPTION FROM REGISTRATION UNDER SUCH ACT RELATING TO THE
DISPOSITION OF SUCH SECURITIES." 

	b.
	Disposition of Warrant and Shares of Common Stock Issue Upon Exercise of Warrant. With respect to any offer, sale or other disposition
of this Warrant or any shares of Common Stock issued upon exercise of this Warrant prior to registration thereof, the Holder hereof and each subsequent holder of this Warrant agrees to give written
notice to the Company prior thereto, describing briefly the manner thereof, together with a written opinion of such holder's counsel in form acceptable to the Company's counsel, if reasonably
requested by the Company, to the effect that such offer, sale or other disposition may be effected without registration or qualification (under the Securities Act then in effect or any federal or
state law then in effect) of this Warrant or such shares of Common Stock and indicating whether or not under the Securities Act certificates for this Warrant or such shares of Common Stock to be sold
or otherwise disposed of require any restrictive legend as to applicable restrictions on transferability in order to insure compliance with the Securities Act. Each certificate representing this
Warrant or the shares of Common Stock thus transferred (except a transfer pursuant to Rule 144) shall bear a legend as to the applicable restrictions on transferability in order to insure
compliance with the Securities Act unless, in the aforesaid opinion of counsel for the holder, such legend is not required in order to ensure compliance with the Securities 

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Act.
The Company may issue stop transfer instructions to its transfer agent in connection with the foregoing restrictions. 

	9.
	Appraisal Rights. In the event of any dispute between the Holder of this Warrant or the shares of Common Stock issued upon the exercise
of this Warrant and the Company regarding the determination
of fair market value, the Company and the Holder shall first use their best efforts to resolve such dispute among themselves or to agree upon the selection of an independent,
non-affiliated consulting firm or investment banking firm of national standing (an "Independent Appraiser") to make a final and binding
determination of fair market value. If the parties are unable to resolve the dispute or to agree upon an Independent Appraiser within thirty (30) calendar days after the commencement of efforts
to resolve the dispute, the Holder and the Company each shall select an Independent Appraiser within thirty (30) days after the conclusion of such initial thirty (30) day period. Within
ten (10) days after such selection, such Independent Appraisers shall select a third non-affiliated consulting firm or investment banking firm. of national standing (the
"Second Appraiser") to make a final and binding determination of fair market value. The Company and the Holder shall each be responsible for the fees
and expenses of the Independent Appraiser selected by such party. The determination of the Independent Appraiser selected by agreement of the parties or the Second Appraiser selected as provided above
(as the case may be) shall be final and binding on the Company and the Holder, and the expenses of such agreed upon Independent Appraiser or Second Appraiser (as the case may be) shall be borne
one-half by the Company and one-half by the Holder.

	10.
	Mergers. The Company shall provide the Holder of this Warrant with at least thirty (30) days' notice or such greater amount of
notice as Delaware law requires to be given to shareholders having the right to vote at a meeting on any transaction described hereafter, of the terms and conditions of any proposed transaction, in
which the Company would (i) sell, lease, exchange, convey or otherwise dispose of all or substantially all of its property or business, (ii) merge into or consolidate with any other
corporation (other than a wholly owned subsidiary of the Company), or (iii) sell, lease, exchange, convey or otherwise dispose of a material and significant asset or group of assets of the
Company or of any subsidiary of the Company, or effect any transaction (including a merger or other reorganization) or series of related transactions, in which more than fifty percent (50%) of the
voting power of the Company is disposed of.

	11.
	Representations and Warranties. This Warrant is issued and delivered on the basis of the following:

	a.
	This
Warrant has been duly authorized, executed and delivered by the Company and constitutes the valid and binding obligation of the Company, enforceable in accordance with its terms.

	b.
	The
shares of and Common Stock issuable upon exercise of this Warrant have been duly authorized and reserved for issuance by the Company and, when issued in accordance with the terms
hereof, will be validly issued, fully paid and nonassessable. 

	12.
	Modification and Waiver. This Warrant and any provision hereof may be changed, waived, discharged or terminated only by an instrument
in writing signed by the party against which enforcement of the same is sought.

	13.
	Notices. Any notice, request or other document required or permitted to be given or delivered to the Holder hereof or the Company shall
be in writing and shall delivered or sent to each such Holder
at its address as shown on the books of the Company or to the Company at its principal executive office and shall be deemed received (i) if personally delivered or sent by electronic facsimile
transmission, upon actual receipt, or (ii) if sent by reputable overnight courier service, 

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twenty-four
hours after deposit with such courier service, or (iii) if sent by certified mail (postage prepaid), return receipt requested, forty-eight hours after deposit in the
mail. 

	14.
	Binding Effect on Successors. This Warrant shall be binding upon any corporation succeeding the Company by merger, consolidation or
acquisition of all or substantially all of the Company's assets. All of the obligations of the Company relating to the shares of Common Stock issued upon exercise of this Warrant shall survive the
exercise and termination of this Warrant. All of the covenants and agreements of the Company shall inure to the benefit of the successors and assigns of the Holder hereof. The Company will, at the
time of the exercise of this Warrant, in whole or in part, upon request of the Holder hereof, acknowledge in writing its continuing obligation to the Holder hereof in respect of any rights to which
the Holder hereof shall continue to be entitled after such exercise in accordance with this Warrant; provided that the failure of the Holder hereof to make any such request shall not affect the
continuing obligation of the Company to the Holder hereof in respect of such rights.

	15.
	Lost Warrants or Stock Certificates. The Company covenants to the Holder hereof that upon receipt of evidence reasonable satisfactory
to the Company of the loss, theft, destruction, or mutilation of this Warrant or any stock certificate issued upon exercise hereof and, in the case of any such loss, theft or destruction, upon receipt
of an indemnity reasonably. satisfactory to the Company, or in the case of any such mutilation upon surrender and cancellation of such Warrant or stock certificate, the Company shall make and deliver
a new Warrant or stock certificate, or like tenor, in lieu of the lost, stolen, destroyed or mutilated Warrant or stock certificate.

	16.
	Descriptive Headings. The descriptive headings of the several paragraphs of this Warrant are inserted for convenience only and do not
constitute a part of this Warrant.

	17.
	Governing Law. This Warrant shall be construed and enforced in accordance with and governed by the laws of the State of Delaware
(without giving effect to its conflicts of laws provisions). Each party also waives trial by jury in any action relating to this Warrant. 

        IN
WITNESS WHEREOF, the Company has caused this Warrant to be executed by its officers thereunto duly authorized. 

Date:
October 23, 2001 

	

 	
 	
USSEARCH.COM INC.
	

 	
 	

 	
 	

By:	
 	

	

 	
 	

 	
 	

Name:	
 	

	

 	
 	

 	
 	

Its:	
 	

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Exhibit A-1
  
    NOTICE OF EXERCISE To:    
  

To: 

	1.
	The
undersigned hereby: 

                            elects
to purchase                            shares of Common Stock of the Company pursuant to the terms of the
attached Warrant, and tenders herewith payment of the purchase price of such
shares in full in the form of                            ;
or                            elects to exercise its net issuance rights pursuant to Section 2(c) of the
attached Warrant with respect to shares of Common
Stock. 

	2.
	Please
issue a certificate or certificates representing said                            shares in the name of the
undersigned or in such other name or names as are specified below: 

	
 (Name)
	

 (Address)

	3.
	Please
issue a new Warrant for the unexercised portion of the attached Warrant in the name of the undersigned or in such other name as specified below. 

	

Date:	
 	

	
 	

(Name):	
 	

	

 	
 	

 	
 	

By:	
 	

	

 	
 	

 	
 	

Name:	
 	

	

 	
 	

 	
 	

Title:	
 	

	

 	
 	

 	
 	

Address:	
 	

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Exhibit 10.34

WARRANT TO PURCHASE SHARES OF COMMON STOCK

Exhibit A-1 NOTICE OF EXERCISE ToQuickLinks
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Exhibit 10.35    
  

 
 

FORBEARANCE, CONSENT, AND AMENDMENT AGREEMENT    
  

        THIS FORBEARANCE, CONSENT, AND AMENDMENT AGREEMENT (this
"Agreement") is entered into as of December 24, 2001, by and between US SEARCH.COM, INC.,
a Delaware corporation ("USI"), and US SEARCH SCREENING SERVICES, INC., a Delaware corporation
("Screening") (each a "Borrower", and collectively, the
"Borrowers") and COMERICA BANK—CALIFORNIA, successor by merger to Imperial Bank
("Comerica"). Unless specifically defined herein, terms defined in the Loan Agreement shall have the same definition when used herein. This Agreement is based on the following facts: 

 
 

RECITALS    
  

	1.
	USI
and Comerica previously entered into that certain Loan Agreement, dated as of September 12, 2001, (as amended from time to time, the "Loan Agreement"). In connection with
the Loan Agreement, USI and Comerica have entered into various other agreements (such agreements, together with the Loan Agreement, are collectively referred to as the "Loan
Documents").

	2.
	Events
of Default occurred under the terms of the Loan Documents as a result of USI's failure to comply with the Operating Performance covenant set forth in Section 6.7(d) of
the Loan Agreement for the months ending September 30, 2001, and October 31, 2001, failure to comply with such covenant being an Event of Default under Section 8.2 of the Loan
Agreement ("Existing Defaults").

	3.
	As
a result of the Existing Defaults, Comerica is entitled to immediately commence exercising all rights and remedies available to Comerica under the Loan Documents.

	4.
	Screening
is acquiring all of the capital stock of Professional Resource Screening, Inc., a California corporation ("PRSI"), for
the sum of up to $16,000,000 (the "Acquisition"). USI and Screening have requested that Comerica consent to the Acquisition.

	5.
	USI
and Screening have requested that Screening become a Borrower under the Loan Documents.

	6.
	Borrowers
have requested that Comerica forbear from exercising its rights and remedies under the Loan Documents subject to the terms and conditions contained in this Agreement.

	7.
	Borrowers
have reviewed the Loan Documents with respect to the validity, enforceability, non-avoidability and amount of the Obligations owing to Comerica under the Loan
Documents and the validity, enforceability, perfection, priority, non-avoidability and amount of Comerica's security interests granted by Borrowers to secure the Obligations.

	8.
	Borrowers
acknowledge and agree that as of December 24, 2001: (i) Borrowers are indebted to Comerica in the principal amount of $1,389,047.11, plus accrued and unpaid
interest thereon, and costs, fees (including attorneys' fees) and expenses incurred by Comerica. Borrowers further acknowledge and agree that all of Borrowers' Obligations to Comerica are valid,
enforceable and unavoidable. 

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AGREEMENT    
  

        Now, therefore, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Borrowers and Comerica, intending to be legally
bound, agree as follows: 

	1.
	Defined Terms:

        "Deadline Date" means February 28, 2002. 

        "Existing Lender" means San Jose National Bank, Financial Services Division. 

        "Financial Projections" means those certain monthly financial projections set forth in Borrower's most recent business plan covering the
period from January 1, 2002 through and including December 31, 2002. 

        "Pay-Off Letter" means a letter, in form and substance reasonably satisfactory to Comerica, from Existing Lender respecting
the amount necessary to repay in full all of the obligations of PRSI owing to Existing Lender and obtain a termination or release of all of the Liens existing in favor of Existing Lender in and to the
properties or assets of PRSI. 

        "Pequot" means Pequot Private Equity Fund II, L.P., a Delaware limited partnership. 

        "Purchase Documents" means that certain Convertible Promissory Note, dated as of December 20, 2001, executed by USI in favor of
Pequot (the "Convertible Note"), together with that certain Purchase Agreement, dated as of December 20, 2001, among USI and the Purchasers named
therein (the "Purchase Agreement"). 

        "Rider" means that certain Joint and Several Borrower Rider, executed and delivered by USI and Screening, in form and substance
satisfactory to Comerica. 

        "TCD" means that certain $550,000 time certificate of deposit account held by Comerica, account number 942750000005786, and any
replacement or substitution therefor, and the proceeds of any of the foregoing. 

        2.    Recitals.    Each of the Recitals set forth above are true and correct and are incorporated herein by this
reference and made a part hereof. 

        3.    Forbearance.    Comerica agrees that so long as Borrowers comply with all of the terms and conditions contained
in this Agreement, and so long as no Event of Default occurs under the Loan Documents, other than the Existing Defaults already known to Comerica as of the date of this Agreement, then Comerica shall
forbear from terminating the Loan Agreement and exercising its rights and remedies under the Loan Documents from the date hereof until the Deadline Date (the "Forbearance
Period"). Upon the expiration of the Forbearance Period, Comerica shall be entitled to exercise all rights and remedies available to Comerica under the Loan Documents. 

        4.    Section 6.7 Financial Covenants.    Comerica agrees that so long as Borrowers comply with all of the
terms and conditions contained in this Agreement, and so long as no Event of Default occurs under the Loan Documents, other than the Existing Defaults already known to Comerica as of the date of this
Agreement, then Comerica shall suspend the requirement that Borrowers comply with the financial covenants as set forth in Section 6.7 (the "Section 6.7
Covenants") of the Loan Agreement during, but only during, the Forbearance Period. Comerica shall reset the Section 6.7 Covenants at such amounts as Comerica deems
appropriate in its discretion based on Comerica's review of Borrowers' Financial Projections. Failure by Borrowers to accept and comply with any such reset Section 6.7 Covenants shall be an
Event of Default. 

        5.    Consent to Acquisition.    Notwithstanding anything to the contrary in the Loan Agreement, Comerica consents to
the Acquisition. 

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        6.    Screening as a Borrower.    All parties agree that Screening shall be a Borrower under the Loan Agreement from
and after the date hereof. Screening acknowledges and agrees that the Loan Documents are valid, enforceable and in full force and effect and that: (i) Screening shall be bound by all the terms
and conditions of the Loan Documents, shall be liable for repayment of the Obligations, and all of its assets are collateral (and a security interest is granted therein) for all of the Obligations,
all pursuant to the terms and conditions of the Loan Agreement and Rider; and (ii) all rights of Comerica under the Loan Documents and all liens upon any property of USI are valid, enforceable
and in full force and effect against Screening. Any reference to "Borrower" in the Loan Documents shall be deemed to mean "Borrowers" or either of USI or Screening. 

        7.    Additional Equity Investment or Financing.    In order to induce Comerica to enter into this Agreement and to
agree to forbear from terminating the Loan Agreement and exercising its rights and remedies under the Loan Documents during the Forbearance Period, USI agrees to do the following: 

	7.1
	On
or before January 15, 2001, USI agrees to either (i) close an equity financing round resulting in net proceeds to USI of not less than $1,500,000 from investors
reasonably acceptable to Comerica, or (ii) obtain financing of not less than $1,500,000 from a lending institution acceptable to Comerica; provided, however, that any obligations owing from USI
to such lending institution shall be subordinated to the Obligations owing to Comerica pursuant to a subordination agreement in form and substance satisfactory to Comerica; and

	7.2
	On
or before February 15, 2001, USI agrees to either (i) close an additional equity financing round resulting in net proceeds to USI of not less than $5,00,000 from
investors reasonably acceptable to Comerica deliver to Comerica, or (ii) deliver executed term sheets (from third party investors and upon terms deemed acceptable to Comerica) indicating a
pending equity round of at least $5,000,000, and such additional equity round shall close on or before February 28, 2002, resulting in net proceeds to Borrower of not less than $5,000,000, or
(iii) obtain additional financing of not less than $5,000,000
from a lending institution acceptable to Comerica; provided, however, that any obligations owing from USI to such lending institution shall be subordinated to the Obligations owing to Comerica
pursuant to a subordination agreement in form and substance satisfactory to Comerica. 

        8.    Forbearance Warrant.    In order to induce Comerica to enter into this Agreement and to agree to forbear from
terminating the Loan Agreement and exercising its rights and remedies under the Loan Documents during the Forbearance Period, USI agrees to issue to Bank a warrant on Bank's form, with a
7-year maturity, inclusive of certain provisions to include but not be limited to assignability to Bank's affiliates, antidilution protection, and a net exercise provision, and on the same
terms as provided to Pequot in the Purchase Documents, except that Comerica shall have piggyback and S-3 registration rights (the "Forbearance
Warrant"). 

        9.    Security Interest in TCD.    In order to induce Comerica to enter into this Agreement and to agree to forbear
from terminating the Loan Agreement and exercising its rights and remedies under the Loan Documents during the Forbearance Period, USI grants and pledges, hereunder and under the Loan Documents, to
Bank a continuing security interest in the TCD to secure prompt repayment of any and all Obligations and to secure prompt performance by Borrowers of each of their covenants and duties under the Loan
Documents. Such security interest constitutes a valid, first priority security interest in the TCD, and will constitute a valid, first priority security interest in accrued interest or proceeds
therefrom. Notwithstanding any termination, Bank's Lien on the TCD shall remain in effect for so long as any Obligations are outstanding. 

        10.    No Advances During Forbearance Period.    Comerica shall not make any Credit Extensions to Borrower under the
Loan Agreement during the Forbearance Period. 

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        11.    Amendment to Loan Agreement.    Borrowers and Comerica hereby agree to amend and supplement the Loan Agreement
as follows: 

	11.1
	Section 6.2
of the Loan Agreement is hereby amended by adding a new subsection 6.2(d) as follows:

	(d)
	Within
5 days after the last day of each week, Borrower shall deliver to Bank a cash flow report, signed by a Responsible Officer, in form reasonably acceptable to Bank, which
cash flow report shall include 3 weeks trailing (actual) cash flow and 12 weeks forward (projected) cash flow. 

        12.    Conditions Precedent.    The effectiveness of this Agreement is expressly conditioned upon the following: 

	12.1
	Receipt
by Comerica of a fully earned, non-refundable Forbearance Fee of $5,000; provided, however, Borrower may defer
payment of the Forbearance Fee until the Deadline Date;

	12.2
	Receipt
by Comerica of an executed copy of this Agreement;

	12.3
	Receipt
by Comerica of an officer's certificate of Screening with respect to incumbency and resolutions authorizing the execution and delivery of this Agreement and the Loan
Documents;

	12.4
	Receipt
by Comerica of an agreement to provide insurance;

	12.5
	Receipt
by Comerica of the Rider; and

	12.6
	Receipt
by Comerica of an intellectual property security agreement. 

        13.    Conditions Subsequent.    As a condition subsequent to the execution of this Agreement, Borrowers shall perform
or cause to be performed the following (the failure by Borrowers to so perform or cause to be performed constituting an Event of Default): 

	13.1
	On
or before December 28, 2001, receipt by Comerica of the Forbearance Warrant executed by USI.

	13.2
	On
or before December 28, 2001, receipt by Comerica of the Pay-Off Letter, together with UCC termination statements and other documentation evidencing the
termination by Existing Lender of its Liens in and to the properties and assets of PRSI.

	13.3
	Borrowers
shall deliver to Comerica by no later than February 15, 2002, Borrowers' Financial Projections. 

        14.    Termination of Forbearance.    Upon the occurrence of any one or more of the following events, the forbearance
hereunder shall be deemed immediately terminated and the Obligations shall be immediately due and payable. In addition, Comerica shall be entitled to immediately commence exercising its rights and
remedies hereunder and under the Loan Documents without notice, demand, order or other action: 

	14.1
	Borrowers
shall have failed to pay or perform any of its obligations under this Agreement.

	14.2
	An
Event of Default shall occur under any of the Loan Documents and shall not be timely cured during any applicable cure period, other than the Existing Defaults which existed as of
the date of this Agreement. 

        15.    Reaffirmation of Comerica's Security Interests.    Borrowers hereby confirm the granting of, and represents and
warrants that Comerica has a first priority, valid, enforceable, perfected and unavoidable lien on and security interests in, all of the Collateral, including all assets of Screening. 

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        16.    No Waiver by Comerica.    Except as otherwise expressly set forth in this Agreement, this Agreement shall
not
constitute a waiver or modification of any of Comerica's rights or remedies, and it shall not preclude the exercise of any right or remedy available to Comerica at law or in equity, including any
procedure necessary or appropriate to enforce any of the terms and conditions set forth in this Agreement or any of the Loan Documents. Comerica shall have the right to waive any of its rights,
remedies, claims, powers, benefits or privileges granted in or arising pursuant to this Agreement or any of the Loan Documents, and Comerica shall have no obligation or duty to any other person or
entity with respect to the exercise of Comerica's rights, remedies, claims, powers, benefits and privileges. Any delay in or failure to exercise any of Comerica's rights, remedies, claims, powers,
benefits or privileges shall not subject Comerica to any liability to any person or entity, and no other person or entity may rely upon or in any way seek to assert as a defense to any obligation
owing to Comerica such delay or failure. Such delay or failure, if any, shall not be deemed to constitute a waiver of any such right, remedy, claim, power, benefit or privilege of Comerica. All of
Comerica's rights with respect to all of the matters referred to in this Agreement or the Loan Documents, in general, and this Section 10, in particular, are expressly reserved. 

        17.    Release by Borrowers.    Borrowers for themselves and for their respective agents, servants, employees,
shareholders, partners, subsidiaries, officers, directors, heirs, executors, administrators, agents, successors and assigns forever release and discharge Comerica and its respective agents, servants,
employees, accountants, attorneys, shareholders, subsidiaries, officers, directors, heirs, executors, administrators, successors and assigns from any and all claims, demands, liabilities, accounts,
obligations, costs, expenses, liens, actions, causes of action, rights to indemnity (legal or equitable), and remedies of any nature whatsoever, known or unknown, which Borrowers had, now has, or has
acquired at any time prior to the date of the execution of this Agreement, including specifically, but not exclusively, and without limiting the generality of the foregoing, any and all of the claims,
damages, demands and causes of action, known or unknown, suspected or unsuspected by Borrowers which: 

	A.
	Arise
out of the Loan Documents or any of them;

	B.
	Arise
by reason of any matter or thing alleged or referred to in, directly or indirectly, or in any way connected with, the Loan Documents; or

	C.
	Arise
out of or in any way are connected with any loss, damage, or injury, whatsoever, known or unknown, suspected or unsuspected, resulting from any act or omission by or on the part
of the Comerica or any party acting on behalf of Comerica committed or omitted prior to the date of this Agreement 

        18.    Waiver of California Civil Code Section 1542.    Borrowers acknowledge that there is a risk that
subsequent to the execution of this Agreement it may incur or suffer losses, damages or injuries which are in some way caused by the transactions referred to in the Loan Documents or this Agreement,
but which are unknown and unanticipated at the time this Agreement is executed. Borrowers hereby assume the above mentioned risks and agrees that this Agreement shall apply to all unknown or
unanticipated results of the transactions and occurrences described herein, as well as those known and anticipated, and upon advice of counsel, and Borrowers hereby knowingly waive any and all rights
and protections under California Civil Code Section 1542 which section has been duly explained and reads as follows: 

"A
general release does not extend to claims which the creditor does not know or suspect to exist in his favor at the time of executing the release, which if known by him must have materially affected
his settlement with the debtor." 

        19.    Legal Advice Obtained.    The advice of legal counsel has been obtained by each Borrower prior to signing this
Agreement and each Borrower executes this Agreement voluntarily, with full knowledge of its significance, and with the express intention of effecting the legal consequences 

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provided by Section 1542 of the California Civil Code, namely, the extinguishment of obligations except for the executory provisions of this Agreement and the Loan Documents. 

        20.    Relief From Automatic Stay.    In the event a voluntary or involuntary insolvency proceeding is commenced
pursuant to the provisions of Title 11, United States Code "101, et sec, by or against Borrowers, Borrowers hereby warrant, stipulate and agree that the automatic stay pursuant to 11 U.S.C.
Section 362 shall be immediately terminated to allow Comerica to proceed with all of its rights and remedies pursuant to the Loan Documents, upon the filing of a Proposed Order for Relief From
Stay by Comerica and without further notice to or consent by Borrowers. Borrowers agree to execute all other stipulations or other documents necessary to enable Comerica to obtain relief from the
automatic stay and to cooperate by providing such declarations or other documents reasonably required to do so. 

        21.    Time is of the Essence.    The parties agree that time is of the essence with respect to all terms and
conditions set forth in this Agreement. 

        22.    Agreement Entered Freely.    The parties to this Agreement have been represented and advised by counsel with
respect to this Agreement, and have entered into it freely and voluntarily. This Agreement is intended to be enforceable according to its written terms, is an integrated agreement, and there are no
promises, oral agreements, or expectations of the parties to the contrary. 

        23.    Consent and Mutual Agreement.    Whenever any action may be taken pursuant to the terms and conditions of this
Agreement upon the prior consent of Comerica, such prior consent or prior agreement must be evidenced in writing. 

        24.    Notice.    All notices under this Agreement shall be given in accordance with Section 10 of the Loan
Agreement. 

        25.    Counterparts.    This Agreement may be executed in counterparts, all of which taken together shall constitute a
single document. 

        26.    Headings.    The headings in this Agreement are inserted for convenience and are not a part of this Agreement. 

        27.    Integration.    This Agreement sets forth all of the terms and conditions under which Comerica has agreed to
forbear from terminating the Loan Agreement and enforcing its rights and remedies under the Loan Documents. All prior negotiations, discussions, understanding and agreements regarding such forbearance
are superceded by this Agreement. 

        28.    Further Assurances.    Upon the request of a party hereto, each party will take all reasonable actions,
including execution of additional documents and agreements, necessary or appropriate to carry out the terms, conditions and intent of this Agreement. 

        29.    Successors and Assigns.    This Agreement shall be binding on and inure to the benefit of the parties'
respective successors and assigns. 

        30.    Attorneys' Fees and Choice of Law.    In the event it becomes necessary for any party to bring an action or
proceeding to construe or enforce the terms and conditions set forth in this Agreement, the prevailing party in such action or proceeding shall be entitled to recover reasonable attorneys' fees and
costs incurred in such action or proceeding, in addition to all other relief awarded. This Agreement and all transactions hereunder and/or evidenced hereby shall be governed by, construed under and
enforced in accordance with the laws of the State of California. The parties agree that all actions or proceedings arising in connection with this Agreement shall be tried and litigated only in the
state and federal courts located in the County of Los Angeles, State of California. Borrowers waive any right it may have to assert the doctrine of forum non conveniens or to object to such venue. 

        31.    Neutral Construction.    This Agreement is the product of negotiation among the parties hereto and represents
the jointly conceived, bargained-for and agreed upon language mutually determined by 

6

 

the parties to express their intentions in entering into this Agreement. Any ambiguity or uncertainty in this Agreement shall be deemed to be caused by, or attributable to, all parties hereto
collectively. In any action or proceeding to enforce or interpret this Agreement, the Agreement shall be construed in a neutral manner, and no term or condition of this Agreement, or the Agreement as
a whole, shall be construed more or less favorably to any one party, or group of parties, to this Agreement. In the event any provision contained in this Agreement is determined to be unenforceable by
a court of competent jurisdiction, then that provision shall be deemed omitted from this Agreement and the remaining provisions of this Agreement shall continue to be in full force and effect. 

        32.    JURY TRIAL.    BORROWERS AND COMERICA EACH WAIVE ANY RIGHT TO TRIAL BY JURY IN ANY
ACTION OR PROCEEDING RELATING TO THIS AGREEMENT OR ANY OF THE LOAN DOCUMENTS, WHETHER SOUNDING IN CONTRACT, TORT OR OTHERWISE. 

        This
Agreement is entered into as of the date set forth in the first paragraph of this Agreement. 

	US SEARCH.COM, INC.,

a Delaware corporation	 	 	 	 
	

By:	
 	

	
 	

 	
 	

 
	

Its:	
 	

	
 	

 	
 	

 
	
US SEARCH SCREENING SERVICES, INC.

a Delaware corporation	
 	

 	
 	

 
	

By:	
 	

	
 	

 	
 	

 
	

Its:	
 	

	
 	

 	
 	

 
	
COMERICA BANK—CALIFORNIA,

successor by merger to Imperial Bank	
 	

 	
 	

 
	

By:	
 	

	
 	

 	
 	

 
	

Its:	
 	

	
 	

 	
 	

 

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QuickLinks

Exhibit 10.35

FORBEARANCE, CONSENT, AND AMENDMENT AGREEMENT

RECITALS

AGREEMENT

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