Document:

EX-10.14(P)

 Exhibit 10.14(P) 

EXECUTION VERSION 
 TWELFTH AMENDMENT

 TO SEARCH AND ADVERTISING SERVICES AND SALES AGREEMENT 

This Twelfth Amendment to Search and Advertising Services and Sales Agreement (this “Twelfth Amendment”) is entered into to
be effective as of September 18, 2015 (“Twelfth Amendment Effective Date”) by and between Yahoo! Inc., a Delaware corporation (“Yahoo!”) and Microsoft Corporation, a Washington corporation
(“Microsoft”). 
 WHEREAS, Yahoo! and Microsoft are parties to that certain Search and Advertising Services and Sales
Agreement, entered into as of December 4, 2009, as amended (collectively, the “Agreement”); 
 WHEREAS, Yahoo! and
Microsoft desire to further amend the Agreement as set forth herein. 
 NOW, THEREFORE, in consideration of Microsoft providing Yahoo with
continued access to the Microsoft Data Feeds through the Term (unless otherwise specified in the Agreement), and the mutual promises contained herein, the parties agree as follows: 

1.        Definitions. Capitalized terms used but not defined herein have the same meanings
given in the Agreement. 
 2.        Other Indemnification Rights. Section 16.1.7 is
added as follows: 
 3. 16.1.7(a) Yahoo!‘s provision of Customer data to Microsoft through the data provisions protocols agreed by
the parties or in a manner requested by Microsoft as part of the transition of sales responsibilities under Section 5.13; or (b) except to the extent that any Third Party Claim arises out of or is based on a Yahoo! Indemnified Party’s
collection of Customer data in a manner that does not comply with applicable law, Microsoft’s use of Customer data provided by Yahoo to Microsoft as part of the transition of sales responsibilities under Section 5.13 or Microsoft’s
ongoing management of Customers. 
 4.        Data. Section 2.7 is added as follows:

 2.7      In order to ensure continued collaboration between the parties, Microsoft and Yahoo agree that
Yahoo shall not use the data from the Microsoft API described in Section 2.2.4(b), the Apollo data feeds, or the advertiser business intelligence described in Exhibit B (collectively, the “Microsoft Data Feeds”)
(i) to develop or improve Yahoo’s Gemini product offering (or any other similar product offering), including by way of using real-time advertiser bidding data to competitively advantage the Gemini marketplace or (ii) use
information taken from the Microsoft Data Feeds following the date hereof to sell Gemini to advertisers, including by providing to advertisers comparisons of the relative performance of Gemini and Paid Listings from Microsoft’s Paid Search
Services; provided, however, that Yahoo is not prohibited from: 
 (a) using the Microsoft Data Feeds in its capacity as a publisher to
optimize user experience or monetization per the Agreement on the Yahoo Properties and Yahoo Syndication Properties, including decisions to display Microsoft Paid Listings from Microsoft’s Paid Search Services as compared to Gemini or other
advertisements; and 

 EXECUTION VERSION 

(b) using its own, third party or public data in connection with Gemini sales activities. 

The foregoing prohibition on Data Feeds usage also applies to Yahoo sharing or allowing usage by third parties. 

For clarity, the provisions of Section 12 (Confidentiality) of this Agreement continue to apply to the Microsoft Data Feeds, if
applicable. Microsoft agrees to continue to provide the Microsoft Data Feeds to Yahoo through the Term (unless otherwise specified in the Agreement); provided, however that certain data contained in the Microsoft Data Feeds will no longer be
available in a given market upon the completion of the Sales Transition Period for such market. 

5.        Miscellaneous. This Twelfth Amendment will be governed and construed, to the extent
applicable, in accordance with the laws of the State of New York, without regard to its conflict of law principles. This Twelfth Amendment may be executed in multiple textually identical counterparts, each of which constitutes an original and all of
which collectively shall constitute one and the same instrument. This Twelfth Amendment may be amended or modified only by an agreement executed by an authorized representative of each party. This Twelfth Amendment binds the parties hereto and their
respective personal and legal representatives, successors, and permitted assigns. Except as expressly set forth herein, the Agreement remains in full force and effect and this Twelfth Amendment does not alter, amend or change any of the other terms
or conditions set forth in the Agreement. To the extent of any conflict between this Twelfth Amendment and any provisions of the Agreement, this Twelfth Amendment shall control with respect to the subject matter hereof. 

6.        IN WITNESS WHEREOF, the parties, by their duly authorized representatives, have executed
this Twelfth Amendment as of the Twelfth Amendment Effective Date. 
  

									
	YAHOO! INC.	 		 	MICROSOFT CORPORATION
					
	By:	 	/s/ Ian R. Weingarten	 		 	By:	 	/s/ Rik van der Kooi
					
	Name:	 	Ian R. Weingarten	 		 	Name:	 	Rik van der Kooi
					
	Title:	 	SVP, Corporate Development and Partnerships	 		 	Title:	 	CVP Microsoft Advertising
					
	Date:	 	10/2/15	 		 	Date:	 	9/21/15EX-10.14(Q)

 Exhibit 10.14(Q) 

EXECUTION COPY 
 THIRTEENTH
AMENDMENT 
 TO SEARCH AND ADVERTISING SERVICES AND SALES AGREEMENT 

This Thirteenth Amendment to Search and Advertising Services and Sales Agreement (this “Thirteenth Amendment”) is entered
into to be effective as of November 17, 2015 (“Thirteenth Amendment Effective Date”) by and between Yahoo! Inc., a Delaware corporation (“Yahoo!”), and Microsoft Corporation, a Washington corporation
(“Microsoft”) (collectively the “Parties”). 
 WHEREAS, Yahoo! and Microsoft are parties to that certain Search
and Advertising Services and Sales Agreement, entered into as of December 4, 2009, as amended (collectively, the “Agreement”); and 

WHEREAS, Yahoo! and Microsoft desire to further amend the Agreement as set forth herein. 

NOW, THEREFORE, in consideration of the mutual promises contained herein, the parties agree as follows: 

1.    Sales Transition Background.    In the Eleventh Amendment, the Parties agreed upon the termination of
Yahoo!’s sales activities for the Paid Search Services. Neither of the Parties intends for such change to the Agreement as amended, or the arrangements envisaged thereunder to constitute a “relevant transfer” in any jurisdiction for
the purposes of the EU Acquired Rights Directive (Directive 2001/23/EC), as amended, any local legislation implementing such Directive, or any similar local law or regulation (“Acquired Rights Regulations”). Nonetheless, in
connection with the sales transition in Europe contemplated in the Eleventh Amendment (“Sales Transition”), Yahoo! has or will incur certain redeployment and restructuring fees which the Parties wish to apportion appropriately as
described in this Thirteenth Amendment. 
 2.    Efforts to Redeploy and Compliance with Local Law.    Yahoo!
agrees, to the extent permitted under local law, that it and its Affiliates will use commercially reasonable efforts to first redeploy to new positions any employee of a Yahoo! Affiliate who may be impacted by the Sales Transition. To the extent
such redeployment is not possible, and any Yahoo! Affiliate elects to make any such employees redundant through a subsequent restructuring, Yahoo! agrees to procure that any Yahoo! Affiliate conduct any such restructuring or redundancies in
compliance with local law, employment agreements and any applicable collective agreements. 
 3.    Redeployment and Restructuring
Fees.    Within sixty (60) days after the Thirteenth Amendment Effective Date, Microsoft will pay Yahoo! One Million Sixty Thousand Four Hundred Thirty-Four dollars and Seventy-Five Cents ($1,060,434.75 USD), as an
agreed upon sum between the Parties to cover certain redeployment and restructuring expenses that have been or may be incurred by Yahoo! and its Affiliates as a result of the Sales Transition and Yahoo!’s and its Affiliates activities under
Section 2. 
 4.    Release and Indemnification.    In consideration of the payment described in
Section 3 above, 
 (a)    The Parties agree to release one another and their corresponding Affiliates, and shall
procure that any of their respective Affiliates shall also release any claims they may have against the other Party and its Affiliates relating to the transfer, restructuring or redundancy of Yahoo!’s (or its Affiliates’) employees,
vendors, or contractors as a result of the Sales Transition; and 
 (b)    A new Section 16.2.8 is hereby added to
the Agreement to read as follows: 

  
 1 

 EXECUTION COPY 

“16.2.8        Yahoo!’s redeployment, restructuring or making redundant its
or its Affiliates’ employees in Europe as a result of the Sales Transition, and/or the application or alleged application of the Acquired Rights Regulations by any person in connection with the Sales Transition.” 

5.     Miscellaneous.     This Thirteenth Amendment will be governed and construed, to the extent applicable,
in accordance with the laws of the State of New York, without regard to its conflict of law principles. This Thirteenth Amendment may be executed in multiple textually identical counterparts, each of which constitutes an original and all of which
collectively shall constitute one and the same instrument. This Thirteenth Amendment may be amended or modified only by a written agreement that (a) refers to this Thirteenth Amendment; and (b) is executed by an authorized representative
of each party. This Thirteenth Amendment binds the parties hereto and their respective personal and legal representatives, successors, and permitted assigns. Except as expressly set forth herein, the Agreement remains in full force and effect and
this Thirteenth Amendment does not alter, amend or change any of the other terms or conditions set forth in the Agreement. To the extent of any conflict between this Thirteenth Amendment and any provisions of the Agreement, this Thirteenth Amendment
shall control with respect to the subject matter hereof. 
 IN WITNESS WHEREOF, the parties by their duly authorized representatives have executed this
Thirteenth Amendment as of the Thirteenth Amendment Effective Date. 
  

									
	YAHOO! INC.	 		 	MICROSOFT CORPORATION
					
	By:	 	/s/ Ian Weingarten	 		 	By:	 	/s/ Rik van der Kooi
					
	Name:	 	Ian Weingarten	 		 	Name:	 	Rik van der Kooi
					
	Title:	 	SVP, Corporate Development & Partnerships	 		 	Title:	 	CVP, Microsoft Advertising

  
 2

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00258-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00258-of-00352.parquet"}]]