Document:

EX-10.8

Exhibit 10.8

FIRST AMENDMENT TO

EMPLOYMENT AGREEMENT

          THIS FIRST AMENDMENT, by and between Dolan Media Company, a Delaware corporation (the
“Company”); and Mark W.C. Stodder (“Executive”), is entered into on this 29th day of December 2008,
but effective as of the applicable dates set forth below.

PRELIMINARY RECITALS

          A. Employment Agreement. The Company and Executive have entered into a written
Employment Agreement (the “Employment Agreement”), dated as of April 1, 2007 (the “Original
Effective Date”), which remains in effect. Since then, Executive has continued to serve as
Executive Vice President-Business Information of the Company, pursuant to the Employment Agreement.
Any capitalized terms used in this Amendment, and not defined herein, shall have the meanings
specified in the Employment Agreement.

          B. Purpose of Amendment. The Company and Executive desire to minimize the risk to
Executive of premature income taxation and unnecessary penalties under Section 409A of the Internal
Revenue Code of 1986, as amended (the “Code”), by amending certain provisions of the Employment
Agreement to comply with Section 409A of the Code or applicable guidance or regulations thereunder.

AMENDMENT

          NOW, THEREFORE, in consideration of the foregoing premises and other good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereby
agree to amend the Employment Agreement as follows:

          1. As of the Original Effective Date, an new sentence is hereby added at the end of Section
2.2, reading as follows:

The Annual Bonus for a fiscal year shall be paid to Executive in a cash lump sum in
accordance with the terms of the Company’s annual bonus plan, but in any event shall
be paid within two and one-half months after such fiscal year.

          2. As of the Original Effective Date, the definition of “Good Reason” in Section 3.1(b) is
hereby amended to read as follows:

“Good Reason” means the occurrence, without Executive’s express written consent, of
any of the following events; provided, however, that Executive gives
the Company written notice of circumstances giving rise to any of the following
events no later than ninety (90) days after the date that such circumstances come
into existence; and provided further that any termination of Executive’s
employment for Good Reason, as a result of any such event or condition that is not
timely cured, must occur no later than the second anniversary of the date that such
event occurs: (i) the Company moves its principal offices from the Minneapolis-St.
Paul metropolitan area and requires Executive to relocate to the vicinity of such new
offices; (ii) any material diminution by the Company in Executive’s duties or
responsibilities inconsistent with the terms hereof, which diminution remains uncured
thirty (30) days after receipt by the Company of written notice of such breach; (iii)
the Company materially breaches any of its obligations hereunder, which breach remains

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uncured thirty (30) days after receipt by the Company of written notice of such
breach; (iv) a material diminution in Executive’s Base Salary or the target amount of
any Annual Bonus, or a material diminution in Benefits available to Executive on the
Effective Date or as hereafter may be made available to Executive, other than, in
each case under this clause (iv): (x) any such diminution that is cured within thirty
(30) days after receipt by the Company of written notice of such diminution, or (y)
any diminution of Benefits that also applies to the other senior executives of the
Company.

          3. As of the Original Effective Date, the last sentence of Section 3.2(b) (concerning certain
payments due after termination of Executive’s employment by the Company without Cause or by
Executive with Good Reason) is hereby deleted and replaced by three sentences reading as follows:

If the Company does not execute and deliver any such release to Executive at least
sixty (60) days before the end of the six (6) month period following Executive’s
Separation from Service, the Company shall be deemed to have elected not to require
Executive’s execution of such a release. If the Company shall have timely executed
and delivered such a release to Executive, and Executive either fails to execute and
deliver the release to the Company at least thirty (30) days before the end of that
six (6) month period, or he does so but rescinds such release before any payment is
otherwise due under Section 3.2(b)(iii) or Section 3.2(b)(iv), the Company shall have
no obligations under Sections 3.2(b)(iii) and (iv). Except for the Company’s
obligations, if any, under this Section 3.2(b) and as otherwise provided in Section
3.3, the Company shall have no further obligations hereunder, including under Section
2, or otherwise with respect to Executive’s employment, from and after the
termination date.

          4. Except as expressly amended in this First Amendment, the Employment Agreement shall remain
in full force and effect according to its terms.

          IN WITNESS WHEREOF, the undersigned Executive and the Company have executed this Amendment on
the date first stated above, but effective retroactively as of the applicable effective dates
stated above.

	 	 	 	 	 
	 

	 	COMPANY:
	 	 
	 
	 	 	 	 
	 

	 	DOLAN MEDIA COMPANY	 	 
	 
	 	 	 	 
	 

	 	/s/James P. Dolan	 	 
	 

	 	 	 	 
	 

	 	By: James P. Dolan, Chairman,	 	 
	 

	 	President and Chief Executive Officer	 	 
	 
	 	 	 	 
	 

	 	/s/ John  Bergstrom	 	 
	 

	 	 	 	 
	 

	 	By: John Bergstrom, Chairman of the
Compensation Committee	 	 
	 
	 	 	 	 
	 

	 	EXECUTIVE:	 	 
	 
	 	 	 	 
	 

	 	/s/ Mark W. C. Stodder	 	 
	 

	 	 	 	 
	 

	 	Mark W. C. Stodder	 	 

2EX-10.21

Exhibit 10.21

FIRST AMENDMENT TO

DOLAN MEDIA COMPANY

EXECUTIVE CHANGE IN CONTROL PLAN

INTRODUCTION

          A. Plan and Authority to Amend. On June 22, 2007, the Board of Directors of Dolan
Media Company (the “Company”) approved the Dolan Media Company Executive Change in Control Plan
(the “Plan”), to be effective upon the consummation of an initial public offering of the Shares of
Common Stock of the Company. The Plan became effective on August 7, 2007, when that initial public
offering was consummated (the “Effective Date”). Section 9.8 of the Plan states that it may be
amended in any respect by resolution adopted by the Board, until the commencement of a Change in
Control Period. Any capitalized terms used in this Amendment, and not defined herein, shall have
the meanings specified in the Plan.

          B. Purpose of Amendment. The Company desires to minimize the risk to Participants of
premature income taxation and unnecessary penalties under Section 409A of the Internal Revenue Code
of 1986, as amended (the “Code”), by amending certain provisions of the Plan to comply with Section
409A of the Code or applicable guidance or regulations thereunder.

AMENDMENT

          NOW, THEREFORE, in consideration of the foregoing premises and other good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereby
agree to amend the Employment Agreement as follows:

          1. As of the Effective Date, clause (i) of the definition of “Good Reason” in Section 1.1(s)
is hereby amended to read as follows:

          (i) a material reduction by the Company of a Participant’s Base Salary and
Annual Target Bonus Amount (if any) as in effect immediately before a Change in
Control;

          2. As of the Effective Date, Section 2.1(c) is hereby amended to read as follows:

     (c) The Company shall pay the Gross-Up Payment to the Participant within thirty
(30) days following receipt of the Statement; provided, however, that any such
Gross-Up Payment shall not be made later than the last day of the calendar year
following the year in which the Participant remits the Excise Tax to the relevant
tax authority; and shall not be made before the six (6) month anniversary of the
Participant’s Separation from Service.

          3. As of the Effective Date, a new sentence is hereby inserted at the end of Section 4.4
(concerning the timing of a Cash Severance Payment), reading as follows:

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If the Company shall have timely delivered the form of Release to a Participant, and
the Participant either fails to execute and deliver the Release to the Company at
least thirty (30) days before that six (6) month anniversary, or he does so but
rescinds such Release before any Cash Severance Payment is otherwise due the
Participant under this Section 4.4, the Company shall have no obligations to provide
the Severance Benefit.

          4. Confirmation of Plan And Execution of Amendment. Except as expressly amended in
this First Amendment, all of the terms and conditions of the Plan shall remain in full force and
effect.

          IN WITNESS WHEREOF, the Compensation Committee of the Board, on behalf of the Company,
approved this First Amendment at its meeting on October 29, 2008; and has caused this instrument to
be executed by an officer of the Company on this 15th day of December 2008, to be
retroactively effective as of the Effective Date.

	 	 	 	 	 
	 	DOLAN MEDIA COMPANY

 	 
	 	By  	/s/ James P. Dolan
 	 
	 	 	James P. Dolan, its Chairman, 	 
	 	 	President and Chief Executive Officer 	 
	 

622375v2

2EX-10.35

Exhibit 10.35

NATIONAL DEFAULT EXCHANGE, LP

15000 Surveyor Boulevard, Suite 100

Addison, TX 75001

January 13, 2009

James Frappier

Barrett Daffin Frappier Turner & Engel, LLP

15000 Surveyor Boulevard, Suite 100

Addison, TX 75001

          Re:       First Amendment to Amended and Restated Services Agreement

Dear Jay:

          Reference is made to that certain Amended and Restated Services Agreement between Barrett,
Daffin Frappier Turner & Engel, LLP (the “Firm”) and National Default Exchange Holdings, LP
(“NDEx”) dated September 2, 2008 (the “Services Agreement”). The purpose of this letter is to set
forth our understandings and agreements regarding an amendment to Section 4.8 of the Services
Agreement and the inclusion of the REO Fees on Exhibit A. The amendments set forth herein have an
effective date of September 2, 2008 (the “Original Effective Date”). Capitalized terms used, but
not otherwise defined in this letter, shall have the meanings ascribed to such terms in the
Services Agreement.

	 	1.	 	As of the Original Effective Date, Section 4.8 is hereby amended to read as
follows:
	 
	 	 	 	“4.8 Annual Audit of the Firm. The Firm’s financial statements shall be
audited annually by an independent auditor in accordance with generally accepted
auditing standards and may be presented on a consolidated basis with any other
affiliated law firms that have services agreements with NDEX. The costs and expenses
of such audits shall be paid by the Firm. A copy of each such audit shall be
furnished to NDEx within 120 days after the end of the Firm’s fiscal year. For the
fiscal year ending December 31, 2008, the Firm will furnish to NDEx audited
financial statements covering the period beginning on the Effective Date through and
including December 31, 2008.”
	 
	 	2.	 	As of the Original Effective Date, Exhibit A to the Services Agreement is
amended to add two new file types and the respective per file fee to the Initial Fee
Schedule as follows:

	 	 	 	 	 	 	 
	 
	 	Type of File
	 	Per File Fee
	 	 
	 
	 	 	 	 	 	 
	 
	 	REO Closing Files Received
	 	$[***]	 	 
	 
	 	 	 	 	 	 
	 
	 	REO Deed Prep File Orders
	 	$[***]	 	 

	 	3.	 	Except as expressly amended in this First Amendment, the Services Agreement
shall remain in full force and effect in accordance with its terms.

          This First Amendment to Amended and Restated Services Agreement (the “First Amendment”) shall
be binding upon and shall inure to the benefit of the parties and their respective successors and
assigns. This First Amendment shall be governed by the laws of the state of Delaware, without
reference

PORTIONS OF THIS EXHIBIT WERE OMITTED AND HAVE BEEN FILED SEPARATELY WITH THE SECRETARY OF THE COMMISSION PURSUANT TO AN APPLICATION FOR CONFIDENTIAL TREATMENT UNDER RULE 406 OF THE SECURITIES ACT; [***] DENOTES OMISSIONS.

 

 

to its conflict of laws principles. This First Amendment may be executed by facsimile or
email transmission and in one or more counterparts, each of which shall constitute an original and
all of which together shall constitute one instrument. The Services Agreement, as amended by this
First Amendment, contain the entire understanding of the parties with regard to the Services to be
rendered to the Firm by NDEx and supersede all prior agreements, understandings or letters of
intent with regard to that subject between the parties. This First Amendment shall not be amended,
modified or supplemented except by a written instrument signed by both parties.

          If the above terms and conditions reflect our agreement regarding the amendments to the
Services Agreement, please sign this First Amendment to Services Agreement and return a fully
executed original of it to me.

	 	 	 	 	 
	 
	 	Very truly yours,
	 	 
	 
	 	 	 	 
	 
	 	NATIONAL DEFAULT EXCHANGE, LP	 	 
	 
	 	 	 	 
	 
	 	By: National Default Exchange GP, LLC

Its: General Partner	 	 
	 
	 	 	 	 
	 
	 	/s/ Scott J. Pollei	 	 
	 
	 	 	 	 
	 
	 	By: Scott J. Pollei	 	 
	 
	 	Its Vice President, Secretary and Treasurer	 	 

AGREED AND ACCEPTED:

BARRETT DAFFIN, FRAPPIER TURNER & ENGEL, LLP

	 	 	 
	/s/ James Frappier
 

By: James Frappier
	 	  
	Its: Partner
	 	 

PORTIONS OF THIS EXHIBIT WERE OMITTED AND HAVE BEEN FILED SEPARATELY WITH THE SECRETARY OF THE COMMISSION PURSUANT TO AN APPLICATION FOR CONFIDENTIAL TREATMENT UNDER RULE 406 OF THE SECURITIES ACT; [***] DENOTES OMISSIONS.

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