Document:

Consulting Agreement - Gene S. Godick

 Exhibit 10.35 
 

 
 November 28, 2006 
 Gene S. Godick 
 120 Clover Leaf Lane 
 North Wales, Pa.
19454 
 Dear Gene: 
 This Letter Agreement will confirm our
agreement regarding Verticalnet’s desire to engage you as an independent contractor. 
 We have agreed, as follows: 
 1. Services. Effective January 1, 2007, (the “Effective Date”), you shall perform certain services for Verticalnet, Inc., its affiliates and
subsidiaries (collectively, “Verticalnet”), including, but not limited to, representing Verticalnet in connection with the restructuring of the company, the possible sale of the company or its assets, the financial affairs of the company
and other related matters as mutually agreed to by Verticalnet and you; provided, however, you shall not have the authority to bind, obligate or contract for or in the name of Verticalnet (collectively, the “Services”). 
 2. Compensation. For the performance of the Services rendered to Verticalnet pursuant to the terms of this Letter Agreement, you shall receive $375 per hour. In
addition, Verticalnet shall reimburse you for any reasonable out of pocket expenses, limited to travel, lodging, meals, telephone long distance charges and internet connectivity, incurred in the performance of Services pursuant to the terms of this
Letter Agreement (“Expenses”). Individual Expenses in excess of $1,000.00 must be pre-approved by Verticalnet in writing. You shall submit itemized statements of the actual time spend performing the Services and Expenses incurred on a
weekly basis, no later than the close of business of the third (3rd) calendar day after the conclusion of the previous week. All Compensation and Expenses shall be payable on the first day of the month and the fifteenth day of the month, no
sooner than one week after submission of your itemized statement, in arrears. 
 3. Authority. You shall not have the authority to represent and shall
not purport to represent Verticalnet, its Board of Directors, or its officers, employees, agents and representatives in any transactions or communications other than as set forth in Section 1 above. You shall assist the officers, employees,
agents and representatives of Verticalnet and shall perform any and all services required or requested in connection with the Services, including, but not limited to, such services of an advisory nature as may be requested from time to time by the
officers, employees, agents and representatives of Verticalnet. You shall periodically, or at any time upon Verticalnet’s request, submit appropriate documentation and reports with respect to the Services. 
 4. Term. The Term of this Letter Agreement shall be month-to-month. 
 5. Termination. Verticalnet may terminate this Letter Agreement by giving no less than one-month notice of termination. You may terminate this Letter Agreement by giving no 

 
less than one-month notice of termination, or such shorter notice period as agreed to by you and Verticalnet. You agree that, at the time of termination of
this Letter Agreement, you will, upon written request of Verticalnet, deliver to Verticalnet (and will not keep in your possession or deliver to anyone other than Verticalnet) any and all records, data, notes, reports, proposals, lists,
correspondence, specifications, drawings, blueprints, sketches, materials, equipment, confidential information, third party information and other documents or property, or reproductions of any aforementioned items developed by you as part of or in
connection with the Services or otherwise belonging to Verticalnet. 
 6. Confidentiality and Rights In Intellectual Property. You agree at all times
during the Term and thereafter, to hold in strictest confidence, and not to use (or attempt to use), except for the benefit of Verticalnet, and not to disclose to any person or entity, except in performance of the Services or with written
authorization of the Chief Executive Officer or Board of Directors of Verticalnet, any confidential information of Verticalnet. All right, title, and interest in and to any programs, systems, data, and materials furnished to you by Verticalnet are
and shall remain the property of Verticalnet. Verticalnet hereby grants you an irrevocable, royalty-free, transferable license to use such programs, systems, data, and materials for the purposes of this Letter Agreement. Such license shall be
revoked automatically upon termination of this Letter Agreement. This clause shall survive termination of this Letter Agreement. 
 7.
Indemnification. Verticalnet shall indemnify and hold you harmless from any and all liability, claims or damages (including attorneys’ fees and other expenses relating to any defense) arising from or relating to, in any manner
whatsoever, your performance of the Services, all to the broadest and maximum extent permitted by Pennsylvania law. In addition, Verticalnet shall indemnify you under Verticalnet’s bylaws and will take the necessary actions to provide that you
are an “indemnified representative” under Verticalnet’s bylaws and covered by Verticalnet’s Directors and Officers Insurance Policy. These indemnification obligations shall survive the termination of this Letter Agreement. During
the Term of this Letter Agreement, Verticalnet shall add you as an additional insured on Verticalnet’s existing General Liability, Auto and Umbrella insurance policies. 
 8. General. This Letter Agreement, including any schedules hereto: (a) contains the complete and exclusive agreement between the parties relating to the subject matter hereof; (b) supersedes any and
all prior oral or written communications, proposals, and agreements and (c) may not be waived or modified except by written agreement of the parties. This Letter Agreement shall be binding upon and inure to the benefit of the parties hereto and
their respective successors, subsidiaries, affiliates, and permitted assigns. Your rights and duties under this Letter Agreement may not be assigned or delegated without prior written consent of Verticalnet. This Letter Agreement shall not create a
partnership, joint venture, agency, employer/employee or similar relationship between Verticalnet and you. At all times and for all purposes material hereto, you shall be deemed an independent contractor. Verticalnet shall not be required to
withhold any amounts for state or federal income tax or for FICA taxes from sums becoming due to you under this Letter Agreement. You shall not be considered an employee of Verticalnet and 

  

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shall not be entitled to participate in any plan, arrangement or distribution by Verticalnet pertaining to or in connection with any pension, stock, bonus,
profit sharing or other benefit extended to Verticalnet’s employees. This Letter Agreement shall be governed by, construed and enforced in accordance with the laws of the Commonwealth of Pennsylvania, United States of America without giving
effect to any conflict of laws provisions. Any notice under this Letter Agreement (except a notice of termination which may be given orally and is deemed given immediately) shall be deemed given on (i) the third business day following the
mailing of any such notice, postage paid, (ii) the next business day following the mailing of any such notice by federal express or other nationally recognized overnight delivery service, or (iii) the same day on which such notice is sent
by facsimile or email as follows: 
 If to Verticalnet: 
 Verticalnet, Inc. 
 400 Chester Field Parkway 
 Malvern,
PA 19355 
 Attn: CEO 
 Fax: 610-240-9470 
 Email: nlentz@verticalnet.com. 
 If to Consultant: 
 Gene S. Godick 
 120 Clover Leaf Lane 
 North Wales, Pa. 19454 
 Email:
ggodick@                    .com 
 Please review
the foregoing and if acceptable to you, please indicate your review and acceptance of the foregoing terms and conditions by signing the copy of this letter enclosed herewith and returning it to me at your earliest convenience. 
 Please do not hesitate to contact me if you have any questions regarding this matter. 
 Very truly yours, 
  

			
	VERTICALNET, INC.
		
	By:	 	 /s/ Nathanael V. Lentz

		 	Nathanael V. Lentz
		 	President and CEO

 AGREED AND ACCEPTED: 
  

	
	 /s/ Gene S. Godick

	Gene S. Godick

  

 3First Amendment to Office Lease

 Exhibit 10.39 
 FIRST AMENDMENT TO OFFICE LEASE 
 THIS FIRST
AMENDMENT TO OFFICE LEASE (this “Amendment”) is made as of the 28th day of December 2006 (“Effective
Date”), by and between 33 NORTH LASALLE PARTNERS L.P., an Illinois limited partnership (“Landlord”), and VERTICALNET, INC., a Pennsylvania corporation (“Tenant”). 
 W I T N E S S E T H: 
 A. Landlord (as successor in interest to Thirty-Three
Associates LLC) and Tenant (as successor by merger to Tigris Corporation, a New York corporation) are parties to a certain Office Lease dated
                    , 2000 (the “Lease”) covering certain premises consisting of 8,300 rentable square feet of office space on the
35th and 36th floors (Suites 3500 and 3600) of the building located at 33 North LaSalle Street, Chicago, Illinois, for a Term expiring on March 31, 2007. 
 B. Landlord and Tenant desire to extend the Term of the Lease, subject to the terms and provisions hereinafter set forth, and to otherwise amend the Lease as set forth herein. 
 NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Landlord and Tenant hereby agree as
follows: 
 1. Definitions. Each capitalized term used in this Amendment shall have the same meaning as is ascribed to it in the Lease
unless otherwise provided for herein. 
 2. Extension of Term. The Term of the Lease is hereby extended for an additional term (the
“Extension Term”) of one (1) year commencing on April 1, 2007 (the “Extension Term Commencement Date”) and expiring on March 31, 2008 (for purposes of this Amendment and the Lease, the “Expiration Date”),
unless sooner terminated as provided in the Lease. All of the terms and provisions contained in the Lease shall continue to apply with respect to the Extension Term, except as otherwise provided herein. 
 3. Vacation of Suite 3600. On or before the Extension Term Commencement Date, Tenant shall vacate the portion of the Premises located on the 36th
floor of the Building and known as Suite 3600, including removing all of its personal property from said Suite 3600. Notwithstanding such vacation, Landlord shall not close the interconnecting stairwell between the 35th and 36th floors of the
Premises. 
 4. Reduction in Base Rent Prior to the Extension Term. From and after the Effective Date until the day before the
Extension Term Commencement Date, Base Rent for the Premises shall be reduced by $688.67 per month, which reflects a $2.00 per rentable square foot per year reduction in Base Rent for the portion of the Premises located on the 35th Floor known as
Suite 3500 consisting of 4,132 rentable square feet. 

 5. Base Rent. For the Extension Term, Tenant shall pay Monthly Base Rent for the Premises
commencing on the Extension Term Commencement Date in the manner provided in Article 3 of the Lease as follows: 
  

														
	 Period
	  	Annual Base
Rent	  	Monthly
Base Rent	  	Per Rentable
Square Foot
	 4/1/07 - 3/31/08
	  	$	109,497.96	  	$	9,124.83	  	$	26.50

 The foregoing of table reflects Base Rent for only Suite 3500. If for any reason Tenant does not vacate Suite
3600 as required under Section 3 above or otherwise occupies Suite 3600 at any time during the Extension Term, in addition to all other rights and remedies available to Landlord, Tenant shall be responsible for Base Rent for Suite 3600 for the
entire Extension Term retroactive to the Extension Term Commencement Date at the same rate as was payable for Suite 3600 under the Lease for the last year of the original Term. 
 6. Adjusted Monthly Base Rent. For the Extension Term, Tenant shall pay Adjusted Monthly Base Rent for the Premises pursuant to Article 4 of
the Lease, provided that effective as of the Extension Term Commencement Date the term “Tenant’s Proportionate Share” shall mean 1.03%. The foregoing reduction in Tenant’s Proportionate Share is to reflect vacation of Suite 3600
by Tenant. If Tenant does not vacate Suite 3600 as required under Section 3 above or otherwise occupies Suite 3600 at any time during the Extension Term, then Tenant’s Proportionate Share shall mean 2.05% retroactive to the Extension
Term Commencement Date. 
 7. Condition. Tenant’s execution and delivery of this Amendment shall be conclusive evidence that the
Premises were in good order and satisfactory condition as of the date hereof. No agreement of Landlord to alter, remodel, decorate, clean or improve the Premises or the Building (or to pay for any such work) and no representation or warranty
regarding the condition of the Premises or the Building has been made by or on behalf of Landlord to Tenant under or by reason of this Amendment. 
 8. Entire Agreement. This Amendment and the Lease as amended hereby contain the entire agreement between Landlord and Tenant concerning the Premises and the Building, and there are no other agreements, either oral or written.

 9. No Option. The execution of this Amendment by Tenant and delivery of same to Landlord or Manager does not constitute a
reservation of or option for the Extension Term and this Amendment shall become effective only if and when Landlord executes and delivers same to Tenant; provided, however, the execution and delivery by Tenant of this Amendment to Landlord or the
Manager shall constitute an irrevocable offer by Tenant to extend the Term of the Lease on the terms and conditions contained in this Amendment, which offer may not be withdrawn or revoked for thirty (30) days after such execution and delivery.

 10. Binding Effect; Conflict. The Lease, as amended hereby, shall continue in full force and effect, subject to the terms and
provisions thereof and hereof, and is hereby ratified and confirmed. In the event of any conflict between the terms of the Lease and the terms of this Amendment, the terms of this Amendment shall control. This Amendment shall be binding upon and
inure to the benefit of Landlord and Tenant and their respective heirs, legal representatives, successors and permitted assigns. 
  

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 IN WITNESS WHEREOF, this Amendment is executed as of the day and year aforesaid. 
  

			
	LANDLORD:
	
	GOLUB & COMPANY LLC, an Illinois limited company, as agent for 33 NORTH LASALLE PARTNERS L.P., an Illinois limited partnership
		
	By:	 	 /s/

	Title:	 	EVP

  

			
	TENANT:
	
	VERTICALNET, INC., a Pennsylvania corporation
		
	By:	 	 /s/ Christopher G. Kuhn

	Title:	 	Vice President and General Counsel

  

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