Document:

Paid Listings License Agreement between the Registrant and Kontera Technologies

 Exhibit 10.47 
 PAID LISTINGS 
 LICENSE AGREEMENT 
 This License Agreement (“Agreement”) is entered into as of July 17, 2006 (the “Effective Date”), by and between
Kontera, a                          corporation (“Partner”) and LookSmart, Ltd., a Delaware corporation
(“LookSmart”). 
 RECITALS 
 The parties wish to provide for a license to Partner to display LookSmart’s Paid Listings on the Partner Network sent by LookSmart in response to search queries, ad requests based on site pages, and other ad
calls or requests for listings made by Partner to LookSmart. 
 NOW, therefore, for good and adequate consideration, the receipt of which is
acknowledged, the parties agree as follows: 
 1. DEFINITIONS 
 1.1 A “Click” occurs when a bona fide Internet user (which excludes a robot, spider, software, scraper or other mechanical, artificial or fraudulent means, or a person who is not seeking to use
the Partner Network for a legitimate web search, e.g., has been paid or otherwise motivated to click, as determined by LookSmart’s click filtering and tracking systems) clicks on a Listing and accesses the destination site. 
 1.2 “Listing” means a link to a website that includes the display URL, a title, text that describes the site to which the listing links
or encourages the user to visit the site, and may include a tracking URL. 
 1.3 “Partner Network” means the web sites which
are owned or operated by Partner or are contractually part of Partner’s syndication network, or that will contractually will become part of Partner’s syndication network. 
 1.4 “Paid Listings” means a LookSmart product that returns results containing only paid Listings. The amount that an advertiser pays to
LookSmart influences (among other factors) the position in which the advertiser’s listing appears in our Paid Listings. 
 2. LICENSE 

2.1 License. Subject to the terms, limitations and conditions herein, LookSmart hereby grants to Partner a non-exclusive license during
the Term to publicly display, and allow third parties who operate sites on the Partner Network to publicly display, Paid Listings in electronic form on the Partner Network. Partner and third parties who operate sites on the Partner Network may not
display any Paid Listings via any of the following distribution sources: e-mail, pop-ups, pop-unders or adware without LookSmart’s prior written, signed consent. 
 2.2 Limitations on License. The license granted above is conditioned upon Partner’s, and sites in the Partner Network’s, observance of the following restrictions: (i) except as expressly
permitted herein, Partner will not display, use, reproduce, cache, store, distribute, make derivative works of, modify, sell, resell, rent, license, sublicense, transfer, assign or redistribute in any way Paid Listings; (ii) Partner 

 
 Material in the exhibit marked with a “***” has been omitted pursuant to a
request for confidential treatment filed with the Securities and Exchange Commission. Omitted portions have been filed separately with the Securities and Exchange Commission. 
  

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will not modify, add to, edit or delete the URLs, titles or reviews contained within any Paid Listings without LookSmart’s prior written approval;
(iii) Partner will not display, sublicense or syndicate Paid Listings on or to any third party or web site outside of the Partner Network unless it first obtains LookSmart’s written consent; (iv) Partner will use the tracking URLs
associated with each individual Listing provided by LookSmart, if any, for all Paid Listings included on its Partner Network (though Partner may use the display URLs for purposes of displaying the Listing); (v) Partner will not display any Paid
Listings on any adult-oriented web sites without the prior written approval of LookSmart; (vi) Partner will not display any Paid Listings on any obscene or illegal web sites, or in any manner that violates any applicable laws or regulations or
the rights of any third party; (vii) Partner will not display any Paid Listings, or allow any third parties to display any Paid Listings, via any form of adware, spyware, e-mail or method that violates applicable laws; and (viii) Partner
will not display any Paid Listings, or allow any third parties to display any Paid Listings, to users whose IP address is outside of the United States or Canada, except as described in Exhibit C. 
 2.3 Display of Ads via Cookies or Downloadable Applications. The license granted above is conditioned on Partner’s, and sites in the Partner
Network’s, observance of the following: a) if Partner displays or allows a third party to display Paid Listings via any “cookie” or application that is downloaded to a user’s computer or browser, Partner represents and warrants
that such cookie or application shall: (i) not gather any personally identifiable information (such as an individual’s name, telephone number, e-mail address and/or street address) or financial information of the end user; and
(ii) not gather any information about the web pages accessed by the computer on which it is installed; b) if Partner displays or allows a third party to display Paid Listings via any application that is downloaded to a user’s computer or
browser, Partner represents and warrants that such application shall (iii) only be installed after clear and conspicuous notice to the end user; (iv) only be installed after the end user’s express and informed consent to installation;
(v) allow for uninstallation that can be performed without undue effort or knowledge by the end user; (vi) allow for successful removal of such client-side application using the “Add/Remove Programs” functionality of Microsoft
Windows (or similar on other platforms); (vii) not re-install itself without the end user’s express consent prior to each such re-installation; (viii) not install or allow the installation of any other programs not clearly and
conspicuously disclosed to the end user, (ix) clearly display the Partner’s privacy policy (or a link or other access to it); and (x) comply with all applicable laws and regulations. Partner agrees to provide LookSmart with a copy of,
and a license to use, any and all downloadable applications and all updates and upgrades thereto that Partner uses, or allows third parties to use, to display Paid Listings. 
 2.4 Display of Ads on Partner Network. The license granted above is conditioned on Partner’s, and sites in the Partner Network’s,
observance of the following: if Partner allows any third party to display Paid Listings, Partner shall: (1) enter into a legally binding contract with such third party that is no less restrictive than the terms, conditions, limitations and
restrictions applicable to Partner under this Agreement, (2) monitor the activities of such third party on a regular basis to ensure compliance with the requirements herein, and (3) immediately terminate such third party’s
distribution of Paid Listings upon a determination that such third party is in material violation of any of the terms and conditions of such distribution agreement or upon request by LookSmart to do so. 
 2.5 Query Source Identification. For every ad call or other request for listings to LookSmart, Partner shall clearly identify to LookSmart the
query source by providing the originating IP address of the user (not the server making the request), the User Agent of the user’s browser and the HTTP referrer that indicates where the listings are being displayed. 
  
 Material in the exhibit marked with a “***” has been omitted pursuant to a request
for confidential treatment filed with the Securities and Exchange Commission. Omitted portions have been filed separately with the Securities and Exchange Commission. 
  

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 3. PAYMENT TERMS. 
 3.1 Cost Per Click. Subject to the terms and conditions hereof, for any given calendar month, LookSmart will pay *** for all qualified Clicks on listings advertisements, as recorded by LookSmart’s,
or its customer’s as applicable, click tracking systems. For each Click, ***. LookSmart will have sole discretion to decide the CPC bid for each Listing, and such CPC bid may change frequently. Partner may use the CPC bid included in the Paid
Listings feed from LookSmart solely for the purpose of ranking the Paid Listings and gauging payments from LookSmart, but the parties agree that all CPC bid amounts submitted by LookSmart are confidential information for internal use only, and shall
not be posted on Partner’s web pages or disclosed to any third parties. LookSmart shall have no obligation to pay for clicks if Partner makes any material misrepresentations in Exhibit C or if Partner violates the license terms set forth
in Section 2 above. 
 3.2 Reporting and Payment. LookSmart will make its “PUBLISHER CENTER” available to
Partner for preliminary daily reporting of clicks, and Partner acknowledges and agrees that (i) such reporting may not represent the number of qualified Clicks for which LookSmart will pay Partner and (ii) it will control access to and
maintain the confidentiality of its password for accessing the POP Portal. Within 30 days after the end of each calendar month during the Term, LookSmart will deliver (a) a report describing invoices and billings to LookSmart customers for such
calendar month pursuant to Section 3.1 and (b) payment pursuant to Section 3.1; provided, that Partner acknowledges and agrees that to the extent Partner has not provided the Query Source Identification as described in section 2.5,
above. For every request, without such information LookSmart’s ability to determine which clicks and ads are qualified or billable is impaired and thus LookSmart may not pay Partner for the clicks and ads. Partner shall also notify LookSmart of
any changes, inaccuracies, or incompleteness of any statement Partner makes on Exhibit C, Part II. LookSmart reserves the right to deduct from payments made pursuant to Section 3.1, or otherwise recoup any amounts paid to Partner in
prior months for non-qualified Clicks. 
 3.3 Audit. Each party will maintain accurate records with respect to the calculation
of all Clicks and/or payments due under this Agreement. The other party (the “Examining Party”) may, upon no less than 15 days prior written notice to the first party (the “Audited Party”) and no more than once in
any twelve month period, cause an independent auditor of nationally recognized standing to inspect the appropriate records of the audited party reasonably related to the calculation of such Clicks and/or payments during the Audited Party’s
normal business hours. Such examination will be undertaken in a manner reasonably calculated not to interfere with the Audited Party’s normal business operations. The fees charged by such auditor in connection with the inspection will be paid
by the Examining Party, unless the auditor discovers an underpayment of greater than 10%, in which case the Audited Party will pay the reasonable fees of the auditor. 
 3.4 Non-qualified Clicks. LookSmart shall have no obligation to pay for clicks which are non-qualified clicks as determined by its click filtering and tracking systems. Non-qualified clicks may come as a result
of but are not limited to clicks (i) generated via automated crawlers, robots or click generating scripts, (ii) that an advertiser receives and rejects, (iii) that come as a result of auto-spawning of browsers, automated redirects,
and clicks that are required for users to navigate on the Partner Network, (iv) that are from users in countries other than those explicitly agreed to in Exhibit C by Partner and LookSmart, (v) that are on expired, cached or over-budget
ads, or (vi) that come as a result of any incentive such as cash, credits or loyalty points. LookSmart reserves the right to require Partner to provide server log files that include, but are not limited to, the daily number of clicks delivered
to LookSmart. In the event that LookSmart determines in its sole discretion that Partner or any third party site in the Partner 
  
 Material in the exhibit marked with a “***” has been omitted pursuant to a request for confidential treatment filed with the Securities and Exchange Commission.
Omitted portions have been filed separately with the Securities and Exchange Commission. 
  

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Network has delivered non-qualified clicks, low quality traffic, or traffic that violates any material term of this Agreement, LookSmart may, at its option,
(1) immediately terminate this Agreement upon written notice to Partner, or (2) require Partner to immediately cease displaying, and allowing third party sites in the Partner Network to display, Paid Listings via any particular means,
method, product, or third party distributor, and/or (3) not pay Partner for the offending clicks. 
 3.5 Account Manager.
LookSmart will provide a designated account manager to Partner. 
 4. PARTNER OBLIGATIONS. 
 4.1 Implementation of Paid Listings. Within ten (10) days after the Effective Date Partner will begin querying LookSmart’s servers for
Paid Listings and will implement and display Paid Listings provided by LookSmart as set forth on Exhibit A. 
 5. LOOKSMART OBLIGATIONS.

 5.1 Service Levels/Technical Support. LookSmart will use commercially reasonable efforts to provide the Service Levels and
Technical Support as specified in Exhibit B. 
 6. PUBLICITY. 
 Neither party shall make any public statement, press release or other announcement relating to the terms or existence of this Agreement without the prior written approval of the other party, such approval not to be
unreasonably withheld, conditioned or delayed, provided that either party may make such disclosures as may be, in its reasonable opinion of counsel, advisable in order to comply with a subpoena or other legal process or with applicable laws,
regulations or securities exchange rules. 
 7. INTELLECTUAL PROPERTY OWNERSHIP. 
 7.1 Proprietary Rights of LookSmart. LookSmart will retain all right, title and interest in and to the Paid Listings, the related databases,
all data generated by LookSmart’s click tracking system and other performance measurement applications, and all associated intellectual property and proprietary rights worldwide (including, but not limited to, ownership of all copyrights,
trademarks, patents, derivative works, modifications, lists of advertisers and information, algorithms, taxonomies, trade secrets and other intellectual property rights therein). 
 7.2 Proprietary Rights of Partner. Other than the Paid Listings, Partner will retain all right, title, and interest in and to the Partner
Network (including, but not limited to, ownership of all copyrights, trademarks, patents, derivative works, modifications, lists of advertisers, algorithms, taxonomies, trade secrets and other intellectual property rights therein). 
 8. TERM AND TERMINATION. 
 8.1 Term. The
term of this Agreement (the “Term”) will begin on the Effective Date and will end ***. The Agreement will then automatically renew for successive one year periods, unless either party gives written notice to the other party of its
intention not to renew at least 60 days prior to the end of the then-current term or renewal term. 
  
 Material in the exhibit marked with a “***” has been omitted pursuant to a request for confidential treatment filed with the Securities and Exchange Commission. Omitted portions have been filed separately
with the Securities and Exchange Commission. 
  

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 8.2 Termination. Either party may terminate this Agreement (a) at any time after the
Effective Date, provided that written notice of termination is delivered to the other party within 30-day period, or (b) if the other party (i) materially breaches its obligations hereunder and such breach remains uncured for thirty
(30) days following delivery of written notice to the breaching party of the breach, or (ii) is subject to voluntary or involuntary bankruptcy proceedings, insolvency, liquidation or otherwise substantially discontinues its business
operations. 
 8.3 Effect of Termination. Termination of this Agreement by either party will not act as a waiver of any breach of this
Agreement and will not act as a release of either party hereto from any accrued liability (including payments as set forth in the following section) or liability for breach of such party’s obligations under this Agreement. Within thirty
(30) days following the expiration or termination of this Agreement, each party will pay to the other party all sums, if any, due and owing as of the date of expiration or termination, net of any amounts due from the other party as of such
date. Upon the expiration or termination of this Agreement for whatever reason, each party shall immediately cease to use the other party’s trademarks, proprietary information, Paid Listings, intellectual property (including derivative works or
modifications thereof) and Confidential Information in any manner whatsoever, and shall destroy or return (at the option of the other party), any such property, or materials representing the same to the other party, and provide the other party with
an officer’s certificate attesting to such return/destruction. For the avoidance of doubt, upon termination or expiration of this Agreement, the license granted hereunder shall terminate and Partner and its agents shall immediately cease all
use of the Paid Listings. 
 8.4 Survival. The provisions of sections 1 and 6-12 (inclusive) will survive any termination or
expiration of this Agreement for a period of three years. 
 9. CONFIDENTIALITY. 
 9.1 “Confidential Information” means information about the disclosing party’s (or its suppliers’) business, products,
technologies, strategies, advertisers, financial information, operations or activities that is proprietary and confidential, including without limitation all business, financial, technical and other information disclosed by the disclosing party.
Confidential Information of LookSmart includes (without limitation) the CPC bids included in its Paid Listings feeds. Confidential Information will not include information that the receiving party can establish (i) is in or enters the public
domain without breach of this Agreement, (ii) the receiving party lawfully receives from a third party without restriction on disclosure and without breach of a nondisclosure obligation or (iii) the receiving party knew prior to receiving
such information from the disclosing party. 
 9.2 Use of Confidential Information. Each party agrees (i) that it will not
use or disclose to any third party or use any Confidential Information disclosed to it by the other except as expressly permitted in this Agreement or as required by a court of law or otherwise compelled to be disclosed pursuant to the legal process
or existing laws or regulations, and (ii) that it will take all reasonable measures to maintain the confidentiality of all Confidential Information of the other party in its possession or control, which will in no event be less than the
measures it uses to maintain the confidentiality of its own information of similar importance. 
 10. WARRANTY AND INDEMNITY. 
 10.1 Warranties. LookSmart warrants that it owns, or has obtained the right to distribute and make available as specified in this Agreement,
the Paid Listings provided to Partner in connection with 
  
 Material in the
exhibit marked with a “***” has been omitted pursuant to a request for confidential treatment filed with the Securities and Exchange Commission. Omitted portions have been filed separately with the Securities and Exchange Commission.

  

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this Agreement. Except as specifically provided herein, LookSmart does not guarantee or make any representations or warranties whatsoever (i) with
respect to the completeness of any listings or links or information accessed through such links or (ii) with respect to the content of the web sites accessed through the listings or links provided hereunder. LOOKSMART DOES NOT WARRANT,
REPRESENT OR GUARANTEE THAT THE USE OF ITS LISTINGS OR LINKS, OR ANY OTHER SERVICES PROVIDED IN CONNECTION WITH OR IN ADDITION TO THE FOREGOING WILL BE UNINTERRUPTED, UNDISRUPTED OR ERROR-FREE. Partner represents and warrants that (i) its
display of Paid Listings hereunder (including its allowing third parties to do so) does not and will not violate any term or condition of this Agreement and (ii) the information provided in Exhibit C is accurate and complete. 

10.2 Indemnification. Each party will indemnify, defend and hold harmless the other party, its officers, directors and employees from any and
all third party claims, liability, damages, expenses and/or costs (including, but not limited to, attorneys fees) arising from the other party’s breach of any warranty, representation or covenant in this Agreement. All such amounts will be
reimbursed to the indemnified party as incurred, within thirty (30) days of submission of reasonable supporting documentation or invoices to the indemnifying party. Each party’s obligation to indemnify is conditioned upon the other party
providing prompt notification of any and all such claims, unless the failure to notify does not materially and adversely affect the defense. The indemnified party will reasonably cooperate with the indemnifying party in the defense and/or settlement
thereof. The indemnified party may have its own counsel in attendance at all proceedings and substantive negotiations relating to such claim at the indemnified party’s sole cost and expense. 
 10.3 Disclaimer. EXCEPT AS SPECIFIED IN THIS AGREEMENT, NEITHER PARTY MAKES ANY WARRANTY IN CONNECTION WITH THE SUBJECT MATTER OF THIS AGREEMENT
AND EACH PARTY HEREBY DISCLAIMS ANY AND ALL IMPLIED WARRANTIES, INCLUDING ALL IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE REGARDING SUCH SUBJECT MATTER. 
 11. LIMITATION OF LIABILITY. 
 11.1 Exclusion of Damages. IN NO EVENT WILL EITHER PARTY BE
LIABLE TO THE OTHER FOR ANY SPECIAL, INCIDENTAL OR CONSEQUENTIAL DAMAGES, WHETHER BASED ON BREACH OF CONTRACT, TORT (INCLUDING NEGLIGENCE) OR OTHERWISE, WHETHER OR NOT THAT PARTY HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGE. 
 11.2 Total Liability. OTHER THAN AS A RESULT OF BREACH OF SECTION 2 OR PURSUANT TO THE INDEMNIFICATION PROVISIONS HEREOF, IN NO EVENT WILL EITHER
PARTY BE LIABLE TO THE OTHER FOR AN AMOUNT IN EXCESS OF THE TOTAL AMOUNT PAID TO PARTNER HEREUNDER. 
 12. GENERAL. 
 12.1 Assignment/Change of Control. Neither party may assign this Agreement, in whole or in part, without the other party’s written consent
(which will not be unreasonably withheld). In the event of a change of control, merger, reorganization or sale of all, or substantially all, of one party’s assets to a third party, the other party may terminate the agreement upon 30 days’
prior written notice at any time after the closing of such transaction. For the purposes hereof, a “change of control” shall mean a transaction in which the shareholders of a party prior to the closing do not retain majority ownership of
the party after the closing of such transaction. 
  
 Material in the exhibit
marked with a “***” has been omitted pursuant to a request for confidential treatment filed with the Securities and Exchange Commission. Omitted portions have been filed separately with the Securities and Exchange Commission. 

 

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 12.2 Governing Law/Venue. This Agreement will be governed by and construed in accordance with the
laws of the State of California, notwithstanding the actual state or country of residence or incorporation of the parties. The parties consent to the exclusive jurisdiction of the state or federal courts in the Northern District of California for
all actions arising out of or related to this Agreement. 
 12.3 Notices. Any notice or other communication to be given hereunder will
be in writing and will be (as elected by the Party giving such notice): (i) personally delivered; (ii) transmitted by postage prepaid registered or certified mail, return receipt requested; (iii) deposited prepaid with a nationally
recognized overnight courier service; or (iv) sent by facsimile. Unless otherwise provided herein, all notices will be deemed to have been duly given on: (a) the date of receipt (or if delivery is refused, the date of such refusal) if
delivered personally or by courier; (b) three (3) business days after the date of posting if transmitted by mail; or (c) if transmitted by facsimile, the date a confirmation of transmission is received. Either Party may change its
address for purposes hereof on not less than three (3) business days prior notice to the other Party. Notices hereunder will be directed to, unless otherwise instructed by the receiving Party: 
 If to Partner: 
 Address 

City, State ZIP 
 Attn: 
 Phone: 
 Fax: 
 If to LookSmart: 
 625 Second Street

 San Francisco, California 94107 
 Attn: Senior VP, Business Development 
 Fax: 415-348-7030 
 with a copy to: 
 625 Second Street

 San Francisco, California 94107 
 Attn: Legal Department 
 Fax: 415-348-7034 
 12.4 Force Majeure. Any delay in or failure of performance by either party under this Agreement will not be considered a breach of this Agreement and will be excused to the extent caused by any occurrence
beyond the reasonable control of such party including, but not limited to, acts of God, power outages and governmental restrictions. 
 12.5
Severability. In the event that any of the provisions of this Agreement are held by to be unenforceable by a court or arbitrator, the remaining portions of the Agreement will remain in full force and effect. 
  
 Material in the exhibit marked with a “***” has been omitted pursuant to a request
for confidential treatment filed with the Securities and Exchange Commission. Omitted portions have been filed separately with the Securities and Exchange Commission. 
  

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 12.6 Entire Agreement. This Agreement is the complete and exclusive agreement between the parties
with respect to the subject matter hereof, superseding and terminating any prior agreements and communications (both written and oral) regarding such subject matter. This Agreement may only be modified, or any rights under it waived, by a written
document executed by both parties. 
 12.7 Independent Contractors. The parties are independent contractors and not co-venturers.
Neither party shall be deemed to be an employee, agent, or legal representative of the other party hereto for any purpose and neither party hereto shall have any right, power or authority to create any obligation or responsibility on behalf of the
other party hereto nor shall this be deemed an exclusive or fiduciary relationship. This Agreement will not be construed to create or imply any partnership, agency or joint venture. 
 12.8 Counterparts. This Agreement may be executed in two or more counterparts, each of which shall be an original or faxed copy
and all of which together shall constitute one instrument. 
  

									
	LookSmart, Ltd.	 		 	[Partner Name]
					
	 By:
	 	 /s/ Bryan Everette
	 		 	By:	 	 /s/ Mathew Haugen

	 Name:
	 	Bryan Everette	 		 	Name:	 	Mathew Haugen
	 Title:
	 	Vice President of Sales	 		 	Title:	 	Vice President of sales

  
 Material in the exhibit marked with a
“***” has been omitted pursuant to a request for confidential treatment filed with the Securities and Exchange Commission. Omitted portions have been filed separately with the Securities and Exchange Commission. 
  

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 EXHIBIT A 
 IMPLEMENTATION 
 The following Sections 1-7 apply to the distribution of Paid Listings on the Partner
Network. 
  

	 	1.	Display of Paid Listings. Partner will make or refer search queries, ad requests based on site pages, and other ad calls or requests for listings to LookSmart’s servers
via a live data feed. If any Paid Listings are returned by LookSmart’s servers in response to such requests, such Paid Listings will be displayed on the Partner Network. Partner will not display or allow any third party in the Partner Network
to display any CPC or price-related data that would allow users to determine the price paid by advertisers in connection with Paid Listings. Partner will cooperate with LookSmart to allow LookSmart to track Clicks on Paid Listings displayed on the
Partner Networks, including the use of redirects, tracking URLs or other methods as reasonably requested by LookSmart. Other than as set forth herein, Partner shall be solely and exclusively responsible for the design, development, operation and
maintenance of the Partner Network and for all advertising, sponsorship or other use of the media contained therein. Partner will implement the Paid Listings within ten (10) days of the Effective Date, such implementation to be verified by
LookSmart recording at least one Click attributable to the Partner Network. 

  

	 	2.	Partner Display Ordering; De-duplicating. Partner represents that it sorts, ranks and delivers Paid Listings for the Partner Network as indicated to LookSmart in Exhibit C,
Part II. In the event that Partner decides to change the method by which it determines the ranking of its Paid Listings, Partner will provide to LookSmart thirty (30) days prior written notice of such change. 

  

	 	3.	CPC Bid. To optimize CPC bid pricing, LookSmart may designate Partner ad calls/requests to be directed to certain of its servers, and Partner shall follow such designations
as they are provided to Partner. 

  

	 	4.	Traffic Volume and Increases. Partner will provide LookSmart with 3 days prior written notice before launching with new affiliates or traffic sources that will, in
Partner’s reasonable opinion, increase the number of Partner queries by the lesser of 50% over then-current levels or 500,000 queries per day. LookSmart will have no obligation to pay for Clicks for which a timely notice is not provided under
this section. 

  

	 	5.	Blocking Distribution. LookSmart may request that Partner block distribution of Paid Listings to a specified list of sources (keywords, portions of Partner Network, sites
and/or IP addresses) or via any distribution method deemed questionable by LookSmart. LookSmart also reserves the right to make a written request to Partner for it to block specific Paid Listings for display to specific domains. Once LookSmart makes
this request, Kontera will make its best efforts to accommodate such request within no later than 10 business days. LookSmart will not be obligated to pay Partner for any clicks from such domain(s) after such notification. If Partner identifies the
domain that the query originates from to LookSmart, then LookSmart may perform this blocking. LookSmart reserves the right to ask Partner to block any international traffic, including international queries and clicks, for international users
and listings appearing on international sites. LookSmart also reserves the right to ask Partner to block all adult-related traffic, including adult queries and clicks generated as a result of these adult queries. LookSmart may update the
list of prohibited distribution partners or sources from time to time, in its sole discretion. All sources contained within the list must be blocked from distribution by Partner as soon as practicable after, but in any event within 10 business days
from, receipt of notice from LookSmart. LookSmart shall have no obligation to pay Partner for qualified Clicks on Paid Listings after LookSmart makes the relevant request. 

  
 Material in the exhibit marked with a “***” has been omitted pursuant to a request for confidential treatment filed with the
Securities and Exchange Commission. Omitted portions have been filed separately with the Securities and Exchange Commission. 
  

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 EXHIBIT B 
 Service Levels 
 Below is the level of service to be supplied by LookSmart in connection with
LookSmart’s provision of Paid Listings (the “Service”). The Service to be provided to Partner shall consist of a feed of Paid Listings as defined in the Agreement. 
 Partner Implementation Guide. Following the execution of this Agreement, LookSmart will provide Partner with a partner implementation guide
to assist in the process of implementing the technical aspects of the Service. The parties will use commercially reasonable efforts to abide by the procedures and steps set forth in the guide. 
 Service Integration Technical Assistance. During the Term, LookSmart agrees to provide a designated technical account manager during normal
business hours (8am – 5pm Pacific Time) to Partner to assist in the effective integration of the Service onto the Partner’s site. In no event will such support exceed ten (10) hours per month, and all such support will be provided
during business hours. The parties agree that the Service is provided in a standard format and is well documented. LookSmart will not provide technical assistance relating to on-site server configuration or programming. 
 Service Response Time. The load time for a non-page-load query (i.e. where the data returned does not include the formatted page), as measured
round-trip from the time Partner servers send a search request to LookSmart to the time of Partner’s servers’ receipt of a completed set of search result(s) will be less than 375 milliseconds at least 98% of the time, as measured daily,
weekly, and monthly, from domestic locations. 
 Service Uptime. The Service will be available 24 hours/day, 7 days/week. Scheduled
downtime will be communicated to partners with 5 business days notice. The Service is guaranteed to be up 99.5% of the time as measured weekly and 99.8% of the time as measured monthly, excluding scheduled downtime. Should LookSmart determine that a
reconfiguration of the Service is required, such as major software version changes, changes in hosting facilities or other network reconfiguration; LookSmart will provide Partner with 30-day notice of such change, and will work in good faith to
minimize any Service outages. 
 Quality Criteria. LookSmart will use commercially reasonable efforts to ensure that the Paid
Listings returned by the Service shall not contain more than 3% Inactive Links out of any random sample of 10,000+ queries. “Inactive Links” shall be defined as any link provide by the Service which, when clicked, does not result in the
user receiving a web page within 60 seconds at least 3 out of 5 times in any 1 week period. 
 TECHNICAL SUPPORT 
 To ensure that problems with the Service are identified, addressed and resolved in a timely manner, the following framework shall be followed for
reporting problems, communicating progress on troubleshooting activities, resolving problems, and, if necessary, escalating the level of attention placed on such problems. This framework proposes a three-category approach to technical support
for dealing with problems. The first type deals with general technical support such as consultation regarding technical specification interpretation and understanding the process, the second with changes in the Service, and the third
addresses problem reporting and resolution associated with the Service. 
  
 Material in the exhibit marked with a “***” has been omitted pursuant to a request for confidential treatment filed with the Securities and Exchange Commission. Omitted portions have been filed separately with the Securities and
Exchange Commission. 
  

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 Type 1: General Technical Support 
 This category of service provides consultation regarding the proper interpretation of format specifications and data, as well as support on how the Service works, the quality or content of Service results for specific
queries or how Partners might integrate the Service into their Web site(s). It does not address any desired changes in the basic service parameters. Within 3 business days of the Execution Date of this Agreement, Partner will be provided with the
names of both a business development account manager and a technical account manager who will provide this type of service during normal business hours, up to 10 hours per month, for the first three months. Partner should expect a response to Type 1
issues within 2 business days, after which they should be escalated as detailed below. 
 Type 2: Changes 
 Requests for changes in the Service should be directed to the business development account manager who will be assigned to Partner within 3 days of the Execution Date of
this Agreement. Partner should expect a response to Type 2 issues within 2 business days, after which they should be escalated as detailed below. 
 Type
3: Problem Reporting and Resolution 
 Problems reaching LookSmart servers (e.g., major networking issues, Service outage, etc.) should be
addressed with the LookSmart Technical Operations team as detailed below. ALL OTHER requests (e.g. product issues) should be treated as Type 1 or Type 2 issues. 
  

	 	1.	Contact the System Technical Support team by: 

  

	 	•	 	 Email: techsupport@looksmart.net 

  

	 	•	 	 Email Page: techsupport-pager@looksmart.net 

  

	 	•	 	 Please remember to include an area code with the callback telephone number 

 If after 15 minutes, a callback is not received... 
  

	 	2.	Contact the Director of Production Operations by use of the following contact information: 

  

	 	•	 	 Dean Cookson 

  

	 	•	 	 Work/Day: 415-348-7615 

  

	 	•	 	 Cell: 415-516-6177 

  

	 	•	 	 Email: dcookson@looksmart.net 

  

	 	•	 	 Email Page: dcookson-pager@looksmart.net 

 If after 15 minutes, a callback was not received... 
  

	 	3.	Contact the Vice President of Technical Operations by use of the following contact information: 

  

	 	•	 	 Michael Grubb 

  

	 	•	 	 Work/Day: 415-348-7633 

  

	 	•	 	 Cell: 415-308-8071 

  

	 	•	 	 Email: mg@looksmart.net 

  

	 	•	 	 Email Page: mg-pager@looksmart.net 

 Escalation
Procedures 
 If Partner does not receive timely responses (according to the timetables outlined above) issues should be escalated to any of
the following individuals: 
  
 Material in the exhibit marked with a
“***” has been omitted pursuant to a request for confidential treatment filed with the Securities and Exchange Commission. Omitted portions have been filed separately with the Securities and Exchange Commission. 
  

 Page 11 

									
	 Person to Contact
	  	 Title
	  	Role	  	Phone	  	Email
	 David Hoare
	  	Director, Sales Operations	  	Business Development	  		  	dhoare@looksmart.net
					
	 Michael Schoen
	  	VP Product	  	Product	  		  	mschoen@looksmart.net
					
	 Bryan Everett
	  	Senior VP Sales	  	Sales	  		  	beverett@looksmart.net

 Partner Points of Contact 
 Communication of issues from LookSmart to Partner should be directed to the following individuals: 
  

									
	 Person to Contact
	  	 Title
	  	 Role
	  	 Phone
	  	 Email

  
 Material in the exhibit marked with a
“***” has been omitted pursuant to a request for confidential treatment filed with the Securities and Exchange Commission. Omitted portions have been filed separately with the Securities and Exchange Commission. 
  

 Page 12 

 EXHIBIT C 
 Partner Data Sheet 
 Part I 
  

			
	Distribution Products of Interest (Sponsored Search, Web Search, Find Articles, Furl )	  	***
	How many queries, ad calls or pageviews will be made to request LookSmart Listings?	  	***

 Part II 
  

			
	LookSmart Bus. Dev. Contact	  	***
		
	 Partner’s Business Contact
 (name, phone, email)

	  	***
		
	 Partner’s Technical Contact
 (name, phone, email)

	  	***
		
	Partner’s Corporate Website Address(es)	  	***
		
	Describe where listings will primarily be displayed.	  	***
		
	Will LookSmart ads appear on sites that are intended for an adult audience or have domain names that appear to be adult in nature?	  	***
		
	Will LookSmart send you ads in response to adult queries?	  	***
		
	You sort, rank, and deliver Paid Listings for the Partner Network based on one of the following methods (check one):	  	***
		
	LookSmart ads will be shown to users in the following countries (check all that apply):	  	***
		
	 Will LookSmart Listings be distributed through applications that are installed on an end user’s computer?
  
 If Yes, will the express permission of the user be obtained prior to the installation of the
application?
 Is there an easy way to uninstall the application?
	  	***

  
 Material in the exhibit marked with a
“***” has been omitted pursuant to a request for confidential treatment filed with the Securities and Exchange Commission. Omitted portions have been filed separately with the Securities and Exchange Commission. 
  

 Page 13 

			
	 Do you or your affiliates publish or distribute LookSmart Listings through cannels such as email , pop-ups, pop-unders, or applications installed
onto computers with the owner’s permission?
  
 If Yes, please list these channels and
provide their names.
	  	***
	 Will LookSmart Listings be shown to users based on data collected about them or their behaviors?
  
 If Yes, please provide a link to your privacy policy. The privacy policy must clearly explain how
user data is collected, used and shared with third parties. The privacy policy must also explain how users can opt-out of data collection.
	  	***
		
	How many sites and/or affiliates do you publish or distribute LookSmart Listings to?	  	***
		
	Please describe the controls you have in place to ensure LookSmart Listings are not used in violation of this Agreement in your sites and by your affiliates (including redistribution of such ads
by your affiliates)	  	***

  
 Material in the exhibit marked with a
“***” has been omitted pursuant to a request for confidential treatment filed with the Securities and Exchange Commission. Omitted portions have been filed separately with the Securities and Exchange Commission. 
  

 Page 14License Agreement between the Registrant and Oversee.net dated April 1, 2004

 EXHIBIT 10.48 
 LICENSE AGREEMENT 
 This License Agreement (“Agreement”) is entered into as of
April 1, 2004 (the “Effective Data”), by and between Oversee.net, a California corporation (“Partner”) and LookSmart, Ltd., a Delaware corporation (“LookSmart”). 
 RECITALS 
 The parties wish to provide
for a license to Partner to distribute LookSmart’s Search Results on the Partner Network. 
 NOW, therefore, for good and adequate
consideration, the receipt of which is acknowledged, the parties agree as follows: 
  

	1.	DEFINITIONS 

 1.1 “Click” occurs
when a bona fide Internet user (which excludes a robot, spider, software, scraper or other mechanical, artificial or fraudulent means, or a person who is not seeking to use the Partner Network for a legitimate web search, e.g., has been paid or
otherwise motivated to click) clicks on a Listing and accesses the destination site. 
 1.2 “Gross Revenue” means total
invoices generated from Search Results on Partner Network during the applicable period, plus or minus any net credits or returns from previous periods. 
 1.2 “Listing” means a profile of a website that includes the display URL, a title, text that describes the site to which the listing links, and & tracking URL (If applicable). Listings
are displayed in Search Results. 
 (a) “Paid Listing” means a listing for which a third party has paid to include in Search
Results. 
 (b) “Unpaid Listing” means a listing that is included in Search Results at no direct cost to any third-party.

 1.3 “LookSmart Directory” means a collection of Listings that are stored in a LookSmart proprietary database after human
identification and input. 
 1.4 “LookSmart Web Index” means a collection of Listings that are stored in a LookSmart
proprietary database after machine based identification and input. 
 1.5 “Partner Network” means the following web sites
which are owned or operated by Partner or are contractually part of Partner’s syndication network: DomainSponsor.com (parked domain) publisher network and Information.com. 
 1.6 “Reviewed Web Sites” means a LookSmart product that contains both Paid and Unpaid Listings retrieved from the LookSmart Directory,
The amount that an advertiser pays to LookSmart has no influence on the ordering of results of Reviewed Web Sites. 
  
 Material in the exhibit marked with a “***” has been omitted pursuant to a request for confidential treatment filed with the Securities and Exchange Commission.
Omitted portions have been filed separately with the Securities and Exchange Commission. 
  

					
	 Confidential
	 	Page 1	 	4/1/2004

 1.7 “Search Results” means Listings provided by LookSmart to Partner hereunder during
the Term hereof. The Search Results will include Sponsored Search, Reviewed Web Sites, and/or WebSearch as indicated in Section 5. 
 1.8 “Sponsored Search” means a LookSmart product that return results containing only Paid Listings. The amount that an advertiser pays to LookSmart influences (among other factors) the position in which the
advertiser’s listing appears in Sponsored Search. 
 1.9 “WebSearch” means that LookSmart returns results that may
contain both Paid and Unpaid listings retrieved from the LookSmart Web Index and the amount that an advertiser pays to LookSmart has no influence on the ordering of results. 
  

	2.	LICENSE. 

 2.1 License. Subject to the terms,
limitations and conditions herein, LookSmart hereby grants to Partner a non-exclusive license during the Term hereof to publicly display the Search Results in electronic form on search results pages on the Partner Network. 
 2.2 Limitations on License. The license granted above is limited by the following restrictions: (i) except as expressly permitted herein,
Partner will not display, use, reproduce, modify, sell, resell, rent, license, sublicense, transfer, assign or redistribute in any way the Search Results, except as expressly permitted herein; (ii) Partner will not modify, add to, edit or
delete the URLs, titles or reviews contained within any Search Results without LookSmart’s prior written approval; (iii) Partner will not attempt to alter, reverse engineer, decompile, disassemble or otherwise attempt to derive the Search
Results or any of LookSmart’s customer lists, databases, computer programs, parents, copyrights, other proprietary right (including the methodology related to the creation .and compilation of the Search Results) or any other information
furnished to Partner by LookSmart; (iv) except as expressly permitted herein. Partners will no display, sublicense or syndicate the Search Results on or to any third party or web site outside of the Partner Network unless it first obtains
LookSmart’s written consent; (v) Partner will use the. tracking URLs associated with each individual Paid Listing provided by LookSmart, if any, for all Search Results included on its search results pages (though Partner may use the
display URLs for purposes of displaying the listing); (vi) Partner will not syndicate or display any Search Results on any adult-oriented, obscene or illegal web sites; and (vii) Partner will not encourage, aid, abet, authorize or permit
any employee, affiliate, contractor, agent, representative or third party to do or attempt to do any of the foregoing. 
 2.3 Re-Sell
Rights. Partner may, from time to time during the term of this Agreement, deliver or cause to be delivered Search Results on third party sites and/or networks, provided that Partner delivers to LookSmart written notice of any third parties (and
any other identifying information LookSmart may reasonably request) proposed to be involved in such relationships at least ten (10) days prior to the beginning of such relationships. LookSmart may at any time, upon email notice to Partner,
refuse to allow its Search Results to be distributed to proposed or previously approved third parties. Partner will in no event allow the redistribution of LookSmart Search Results outside of the United States. 
  

	3.	PAYMENT TERMS. 

 3.1 Cost Per Click (CPC).
Subject to the terms and conditions hereof, for any given calendar month, LookSmart will pay Partner *** for all valid Clicks generated by Partner, as recorded by LookSmart’s proprietary click tracking system, For each click, ***. LookSmart
will determine the CPC bid and include it in the live feed sent in response to such query. LookSmart will have sole discretion to decide 
  
 Material in the exhibit marked with a “***” has been omitted pursuant to a request for confidential treatment filed with the Securities and Exchange Commission.
Omitted portions have been filed separately with the Securities and Exchange Commission. 
  

					
	 Confidential
	 	Page 2	 	4/1/2004

 
the CPC bid for each search term, and such CPC bid may change frequently. Partner may use the CPC bid included in the live feed for its internal purposes,
but the parties agree that all CPC bid amounts submitted by LookSmart are confidential information for internal use only, and shall not be posted on Partner’s web pages or disclosed to any third parties. 
 3.2 Payment and Reporting. Within 30 days after the end of each calendar month during the Term, LookSmart will deliver (a) payment pursuant
to Section 3.1, and(b) a report describing Clicks generated and amounts payable to Partner for such calendar month. LookSmart agrees to provide a designated account manager and to use commercially reasonable efforts to provide additional
reporting on no less than a weekly basis as reasonably requested by Partner. 
 3.3 Audit. Each party will maintain accurate records
with respect to the calculation of all payments due under this Agreement. The other party (the “Examining Party”) may, upon no less than 15 days prior written notice to the first party (the “Audited Party”) and no
more than once in any twelve month period, cause an independent auditor of nationally recognized standing to inspect the appropriate records of the audited party reasonably related to the calculation of such payments during the Audited Party’s
normal business hours. Such examination will be undertaken in a manner reasonably calculated not to interfere with the Audited Party’s normal business operations. The fees charged by such auditor in connection with the inspection will be paid
by the Examining Party, unless the auditor discovers an underpayment of greater than 10%, in which case the Audited Party will pay the reasonable fees of the auditor. 
 3.4 Invalid Clicks. LookSmart shall have no obligation to pay for clicks which are invalid as determined by its proprietary click tracking system. Invalid clicks may come as a result of but are not limited to
clicks (i) generated via automated crawlers, robots or click generating scripts, (ii) (that an advertiser receives and rejects, (iii) that come as a result of auto-spawning of browsers, automated redirects, and clicks that are
required for Users to navigate on the Partner Network, or (iv) that come as a result of any incentive such as cash, credits or loyalty points. LookSmart reserves the right to require Partner to provide server log files that include, but are not
limited to, the daily number of clicks delivered to LookSmart. In the event that LookSmart determines that Partner has delivered invalid clicks during the term of this Agreement, LookSmart may terminate this Agreement upon five business days prior
written notice to Partner. 
  

	4.	PARTNER OBLIGATIONS. 

 4.1 Implementation of
Search Results. Partner will query LookSmart’s servers for search queries on the Partner Network and will implement and display Search Results provided by LookSmart as set forth on Exhibit A. Partner will display/distribute
LookSmart’s Search Results in a phased approach in the following locations: 
  

	 	1.	User-initiated search; Clicks result from a user clicking on a keyword textlink or typing in a search in the search box 

  

	 	2.	D-link; Clicks result from the 1-click search result links in the center frame on landing pages. 

 Each location will be tracked separately. 
 4.2 Attribution; Look and Feel. Partner may provide attribution on pages displaying Search Results. The size and location of such attribution shall be at the parties’ mutual agreement. Other than as set forth herein, Partner
shall control the look and feel of its search service. 
  
 Material in the exhibit
marked with a “***” has been omitted pursuant to a request for confidential treatment filed with the Securities and Exchange Commission. Omitted portions have been filed separately with the Securities and Exchange Commission. 

 

					
	 Confidential
	 	Page 3	 	4/1/2004

	5.	LOOKSMART OBLIGATIONS. 

 5.1 Tracking and
Serving. LookSmart will provide the following types of search results to Partner [check as applicable]: 
  

	 	x	Sponsored Search 

  

	 	 ̈	Reviewed Site Search 

  

	 	 ̈	Web Search 

 5.2 Service Levels/Technical Support.
LookSmart will use commercially reasonable efforts to provide the Service Levels and Technical Support in Exhibit B. 
  

	6.	PUBLICITY. 

 Neither party will make any public
statement, press release or other announcement relating to the terms or existence of this Agreement without the prior written approval of the other, such approval not to be unreasonably withheld, conditioned or delayed, provided that either
party may make such disclosures as may be, in its reasonable opinion of counsel, advisable in order to comply with a subpoena or other legal process or with applicable laws, regulations or securities exchange rules. 
  

	7.	INTELLECTUAL PROPERTY OWNERSHIP. 

 7.1
Proprietary Rights of LookSmart. LookSmart will retain all right, title and interest in and to the Search Results, the related databases and all associated intellectual property and proprietary rights worldwide (including, but not limited to,
ownership of all copyrights, trademarks, patents, derivative works, modifications, customer lists and information, algorithms, taxonomies, trade secrets and other intellectual property rights therein). 
 7.2 Proprietary Rights of Partner. Other than the Search Results, Partner will retain all right, title, and interest in and to the Partner Network
(including, but not limited to, ownership of all copyrights, trademarks, patents, derivative works, modifications, customer lists and information, algorithms, taxonomies, trade secrets and other intellectual property rights therein). 
  

	8.	TERM AND TERMINATION. 

 8.1 Term. The term of
this Agreement (the “Term”) will begin on the Effective Date and will end ***. The Agreement will then automatically renew for successive 6-month periods, unless either party gives written notice to the other party of its intention
not to renew at least 60 days prior to the end of the then-current term or renewal term. 
 8.2 Termination. Either party may
terminate this Agreement (a) at any time within the first 90 days after the Effective Date, provided that written notice of termination is delivered to the other party within such 90-day period, or (b) if the other party
(i) materially breaches its obligations hereunder and such breach remains uncured for thirty (30) days following delivery of written notice to the breaching party of the breach, or (ii) is subject to voluntary or involuntary
bankruptcy proceedings, insolvency, liquidation or otherwise substantially discontinues its business operations. After the initial 90 days after the launch date, either party may cancel this Agreement by providing the other party with 30-days
written notice. 
  
 Material in the exhibit marked with a “***” has been
omitted pursuant to a request for confidential treatment filed with the Securities and Exchange Commission. Omitted portions have been filed separately with the Securities and Exchange Commission. 
  

					
	 Confidential
	 	Page 4	 	4/1/2004

 8.3 Effect of Termination. Termination of this Agreement by either party will not act as a waiver
of any breach of this Agreement and will not act as a release of either party hereto from any accrued liability (including payments as set forth in the following section) or liability for breach of such party’s obligations under this Agreement.
Within thirty (30) days following the expiration or termination of this Agreement, each party will pay to the other party all sums, if any, due and owing as of the date of expiration or termination, net of any amounts due from the other party
as of such date. Upon the expiration or termination of this Agreement for whatever reason, each party shall immediately cease to use the other party’s trademarks, proprietary information, Search Results, intellectual property (including
derivative works, or modifications thereof) and Confidential Information in any manner whatsoever, and shall destroy or return (at the option of the other party), any such property, or materials representing the same to the other party, and provide
the other party with an officer’s certificate attesting to such return/destruction. For the avoidance of doubt, upon termination or expiration of this Agreement, the license granted hereunto shall terminate and Partner and its agents shall
immediately cease all use of the Search Results. 
 8.4 Survival. The provisions of sections 1 and 6-12 (inclusive) will survive any
termination or expiration of this Agreement for a period of three years. 
  

	9.	CONFIDENTIALITY. 

 9.1 “Confidential
Information” means information about the disclosing party’s (or its suppliers’) business, products, technologies, strategies, customers, financial information, operations or activities that is proprietary and confidential,
including without limitation all business, financial, technical and other information disclosed by the disclosing party. Confidential information will not include information that the receiving party can establish (i) is in or enters the public
domain without breach of this Agreement, (ii) the receiving party lawfully receives from a third party without restriction on disclosure and without breach of a nondisclosure obligation or (iii) the receiving party knew prior to receiving
such information from the disclosing party. 
 9.2 Use of Confidential Information. Each party agrees (i) that it will not use or
disclose to any third party or use any Confidential Information disclosed to it by the other except as expressly permitted in this Agreement or as required-by a court of law or otherwise compelled to be disclosed pursuant to the legal process or
existing laws or regulations, and (ii) that it will take all reasonable measures to maintain the confidentiality of all Confidential Information of the other party in its possession or control, which will in no event be less than the measures
it uses to maintain the confidentiality of its own information of similar importance. 
  

	10.	WARRANTY AND INDEMNITY. 

 10.1 LookSmart
Warranty. LookSmart warrants that it owns, or has obtained the right to distribute and make available as specified in this Agreement, the Search Results provided to Partner in connection with this Agreement. Except as specifically provided
herein, LookSmart does not guarantee or make any representations or warranties whatsoever (i) with respect to the completeness of any listings or links or information accessed through such links or (ii) with respect to the content of the
web sites accessed through the listings or links provided hereunder. LOOKSMART DOES NOT WARRANT, REPRESENT OR GUARANTEE THAT THE USE OF ITS LISTINGS OR LINKS, OR ANY OTHER SERVICES PROVIDED IN CONNECTION WITH OR IN ADDITION TO THE FOREGOING WILL BE
UNINTERRUPTED, UNDISRUPTED OR ERROR-FREE, 
 10.2 Indemnification. Each party will indemnify, defend and hold harmless Partner, its
officers directors and employees from any and all third party claims, liability, damages and/or costs 
  
 Material in the exhibit marked with a “***” has been omitted pursuant to a request for confidential treatment filed with the Securities and Exchange Commission. Omitted portions have been filed separately
with the Securities and Exchange Commission. 
  

					
	 Confidential
	 	Page 5	 	4/1/2004

 
(including, but not limited to, attorneys fees) arising from the other party’s breach of any warranty, representation or covenant in this Agreement.
Each party’s obligation to indemnify is conditioned upon the other party providing prompt notification of any and all such claims, unless the failure to notify does not materially and adversely affect the defense. The indemnified party will
reasonably cooperate with the indemnifying party in the defense and/or settlement thereof; provided that if any settlement requires an affirmative obligation of, results in any ongoing liability to or prejudices or detrimentally impacts the
indemnified party in a material manner, then such settlement shall require the indemnified party’s written consent (not to be unreasonably withheld or delayed) and the indemnified party may have its own counsel in attendance at all proceedings
and substantive negotiations relating to such claim at the indemnified party’s sole cost and expense. 
 10.3 Disclaimer. EXCEPT
AS SPECIFIED IN THIS AGREEMENT, NEITHER PARTY MAKES ANY WARRANTY IN CONNECTION WITH THE SUBJECT MATTER OF THIS AGREEMENT AND EACH PARTY HEREBY DISCLAIMS ANY AND ALL IMPLIED WARRANTIES, INCLUDING ALL IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS
FOR A PARTICULAR PURPOSE REGARDING SUCH SUBJECT MATTER. 
  

	11.	LIMITATION OF LIABILITY. 

 11.1 Exclusion of
Damages. IN NO EVENT WILL EITHER PARTY BE LIABLE TO THE OTHER FOR ANY SPECIAL, INCIDENTAL OR CONSEQUENTIAL DAMAGES, WHETHER BASED ON BREACH OF CONTRACT, TORT (INCLUDING NEGLIGENCE) OR OTHERWISE, WHETHER OR NOT THAT PARTY HAS BEEN ADVISED OF THE
POSSIBILITY OF SUCH DAMAGE. 
 11.2 Total Liability. OTHER THAN AS A RESULT OF BREACH OF SECTION 2 OR PURSUANT TO THE INDEMNIFICATION
PROVISIONS HEREOF, IN NO EVENT WILL EITHER PARTY BE LIABLE TO THE OTHER FOR AN AMOUNT IN EXCESS OF THE TOTAL AMOUNT PAID TO PARTNER HEREUNDER. 
  

	12.	GENERAL. 

 12.1 Assignment. Neither party may
assign this Agreement, in whole or in part, without the other party’s written consent (which will not be unreasonably withheld), except that no such consent will be required in connection with a merger, reorganization or sale of all, or
substantially all, of such party’s assets to a third party. 
 12.2 Governing Law. This Agreement will be governed by and
construed in accordance with the laws of the State of California, notwithstanding the actual state or country of residence or incorporation of the parties. The parties consent to the exclusive jurisdiction of the state or federal courts in the
Northern District of California for all actions arising out of or related to this Agreement. 
 12.3 Notices. Any notice or other
communication to be given hereunder will be in writing and will be (as elected by the Party giving such notice): (i) personally delivered; (ii) transmitted by postage prepaid registered or certified mail, return receipt requested;
(iii) deposited prepaid with a nationally recognized overnight courier service; or (iv) sent by facsimile. Unless otherwise provided herein, all notices will be deemed to have been duly given on: (a) the date of receipt (or if
delivery is refused, the date of such refusal) if delivered personally or by courier; (b) three (3) Business Days after the date of posting if transmitted by mail; or (c) if transmitted by facsimile, the date a confirmation of transmission
is received. Either Party may change its address for purposes hereof on not less than three (3) Business Days prior notice to the other Party. Notices hereunder will be directed to, unless otherwise instructed by the receiving
Party: 
  
 Material in the exhibit marked with a “***” has been omitted
pursuant to a request for confidential treatment filed with the Securities and Exchange Commission. Omitted portions have been filed separately with the Securities and Exchange Commission. 
  

					
	 Confidential
	 	Page 6	 	4/1/2004

 If to Partner: 
 818 West 7th Street, Suite 700 
 Los Angeles, CA 90017 
 Attn: Ron Sheridan 
 Phone: 213-891-0101 
 Fax: 213-892-1214 
 If to LookSmart:

 625 Second Street 
 San
Francisco, California 94107 
 Attn: Senior VP, Business Development 
 Fax: 415-348-7030 
 with a copy to:

 625 Second Street 
 San
Francisco, California 94107 
 Attn: Legal Department 
 Fax: 415-348-7034 
 12.4 No Agency. The parties are independent contractors and will have no power or
authority to assume or create any obligation or responsibility on behalf of each other. This Agreement will not be construed to create or imply any partnership, agency or joint venture. 
 12.5 Force Majeure. Any delay in or failure of performance by either party under this Agreement will not be considered a breach of this Agreement
and will be excused to the extent caused by any occurrence beyond the reasonable control of such party including, but not limited to, acts of God, power outages and governmental restrictions. 
 12.6 Severability. In the event that any of the provisions of this Agreement are held by to be unenforceable by a court or arbitrator, the
remaining portions of the Agreement will remain in full force and effect. 
 12.7 Entire Agreement. This Agreement is the complete and
exclusive agreement between the parties with respect to the subject matter hereof, superseding and terminating any prior agreements and communications (both written and oral) regarding such subject matter. This Agreement may only be modified, or any
rights under it waived, by a written document executed by both parties. 
 12.8 Independent Contractors. The parties are independent
contractors and not co-venturers. Neither party shall be deemed to be an employee, agent, or legal representative of the other party hereto for any purpose and neither party hereto shall have any right, power or authority to create any obligation or
responsibility on behalf of the other party hereto nor shall this be deemed an exclusive or fiduciary relationship. 
 12.9 Counterparts.
This Agreement may be executed in two or more counterparts, each of which shall be an original or faxed copy and all of which together shall constitute one instrument. 
  

 Material in the exhibit marked with a “***” has been omitted pursuant to a request for confidential treatment filed with the Securities and
Exchange Commission. Omitted portions have been filed separately with the Securities and Exchange Commission. 
  

					
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	LookSmart, Ltd.	 	 	 	[Oversee.net]
					
	By:	 	 /s/ Anthony Mamone
	 		 	By:	 	 /s/ Lawrence Ng

	Name:	 	Anthony Mamone	 		 	Name:	 	Lawrence Ng
	Title:	 	SVP, Sales & Operations	 		 	Title:	 	President

  
 Material in the exhibit marked with a
“***” has been omitted pursuant to a request for confidential treatment filed with the Securities and Exchange Commission. Omitted portions have been filed separately with the Securities and Exchange Commission. 
  

					
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 EXHIBIT A 
 IMPLEMENTATION 
  

	1.	Display of Search Results. In connection with each search by a user on the Partner Network, Partner will query LookSmart’s servers via a live data feed. If any Search
Results are returned by LookSmart’s servers in response to such query, such Search Results will be displayed on search results pages on the Partner Network. Partner will not display any CPC or price-related data that would allow users to
determine the price paid by advertisers in connection with paid listings. Partner will cooperate with LookSmart to allow LookSmart to track clicks on Paid Listings displayed on the Partner Networks, including the use of redirects, tracking URLs or
other methods as reasonably requested by LookSmart. Other than as set forth herein, Partner shall be solely and exclusively responsible for the design, development, operation and maintenance of the Partner Network and for all advertising,
sponsorship or other use of the media contained therein. Partner agrees not to query LookSmart’s servers for the query term “sex”. 

  

	2.	Partner Display Ordering. Partner represents that it sorts and delivers, and will continue to sort and display, Search Results on the Partner Network based on the Cost Per
Click assigned to the listings in the Search Results (CPC Sorted). In the event that Partner decides to change the method by which it sorts and delivers the order of its Search Results on the Partner Network, Partner will provide to LookSmart thirty
(30) days written notice of such change. Partner will make reasonable effort to work with LookSmart to display LookSmart’s Sponsored Search Results in the new display order at positions comparable to the CPC sorted implementation.

  

	3.	Position in Search Results. In implementations where Partner determines the display and presentation of Search Results on the CPC paid to Partner, Partner agrees to display
LookSmart’s Sponsored Search Results in Partner’s Search Results in the position based on the agreed upon Cost Per Click. Based on the agreed upon CPC, Partner must display LookSmart’s Sponsored Search Results above (i) any other
listing with the same CPC and (ii) the listing with the next lowest CPC available for display in Partner’s Search Results. Partner will in no way manipulate Partner’s Search Results or any other listing CPC to display LookSmart’s
Sponsored Search in a position below listings with CPCs lower than those agreed upon and thus assigned to LookSmart’s Sponsored Search. 

  

	4.	Top Bid Pricing. ***. 

  

	5.	Query Source Identification; CPC Bid. Partner must provide LookSmart with the IP, User Agent and HTTP referrer for every query for which Partner requests a LookSmart Search
Result. In order to optimize CPC bid pricing, LookSmart may designate certain keywords or queries to be directed to certain of its servers, and Partner shall follow such designations as they are provided to Partner. 

  

	6.	Traffic Volume and Increases. Partner will provide LookSmart with 3 days written notice before launching with new affiliates or traffic sources that will, in Partner’s
reasonable opinion, increase the number of Searches by the lesser of 50% over then-current levels or 500,000 queries per day. LookSmart will have no obligation to pay for Clicks for which a timely notice is not provided under this section.

  

	7.	Blocking Distribution. LookSmart may request that Partner block distribution of Search Results to a specified list of sources (sites and/or IP addresses) deemed questionable
by LookSmart. LookSmart may update the list from time to time, in its sole discretion. All sources contained within the list must be blocked from distribution by Partner as soon as practicable after, but in any event within 5 business days from,
receipt of notice from LookSmart. LookSmart shall have no obligation to pay Partner for Clicks delivered to Paid Listings from these sources. 

  
 Material in the exhibit marked with a “***” has been omitted pursuant to a request for confidential treatment filed with the Securities and Exchange Commission.
Omitted portions have been filed separately with the Securities and Exchange Commission. 
  

					
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 EXHIBIT B 
 Service Level Agreement — LookSmart Data Feed (VAL) 
 Below is the level of service to be
supplied by LookSmart in connection with LookSmart’s provision of Search Results (the “Service”), The Service to be provided to Partner shall consist of a real-time data feed of Search Results as defined in the Agreement. 

Partner Implementation Guide. Following the execution of this Agreement, LookSmart will provide Partner with a partner implementation guide to
assist in the process of implementing the technical aspects of the Service. The parties will use commercially reasonable efforts to abide by the procedures and steps set forth in the guide. 
 Service Integration Technical Assistance. During the Term, LookSmart agrees to provide a designated technical account manager during normal
business hours (8am—5pm Pacific Time) to Partner to assist in the effective integration of the Service onto the Partner’s site. In no event will such support exceed ten (10) hours per month, and all such support will be provided
during business hours. The parties agree that the Service is provided in a standard format and is well documented, LookSmart will not provide technical assistance relating to on-site server configuration or programming. 
 Service Response Time. The load time for a non-page-load query (i.e. where the data returned does not include the formatted page), as measured
round-trip from the time Partner servers send a search request to LookSmart to the time of Partner’s servers’ receipt of a completed set of search result(s) will be less than 375 milliseconds at least 98% of the time, as measured daily,
weekly, and monthly, from domestic locations, 
 Service Uptime. The Service will be available 24 hours/day, 7 days/week. Scheduled
downtime will be communicated to partners with 5 business days notice. Service is guaranteed to be up ***% of the time as. measured weekly and ***% of the time as measured monthly, excluding scheduled downtime, Should LookSmart determine that a
reconfiguration of the Service is required, such as major software version changes, changes in hosting facilities or other network reconfiguration; LookSmart will provide Partner with 30-day notice of such change, and will work in good faith to
minimize any Service outages. 
 Quality Criteria. LookSmart will use commercially reasonable efforts to ensure that the Service shall
not contain more than 3% Inactive Links out of any random sample of 10,000+ queries. “Inactive Links” shall be defined as any link provide by the Service which, when clicked, does not result in the user receiving a web page within 60
seconds at least 3 out of 5 times in any 1 week period. 
 TECHNICAL SUPPORT 
 To ensure that problems with the Service are identified, addressed and resolved in a timely manner, the following framework shall be followed for
reporting problems, communicating progress on troubleshooting activities, resolving problems, and, if necessary, escalating the level of attention placed on such problems. This framework proposes a three-category approach to technical support for
dealing with problems. The first type deals with general technical support such as consultation regarding technical specification interpretation and understanding the process, the second with changes in the Service, and the third addresses problem
reporting and resolution associated with the Service. 
 Type 1: General Technical Support 
 This category of service provides consultation regarding the proper interpretation of format specifications and data, as well as support on how the Service works, the
quality or content of Service results for specific queries or how Partners might integrate the Service into their Web site(s), It does not address any desired changes in the basic service parameters. Within 3 business days of the Execution Date of
this Agreement, Partner will be provided with the names of both a business development account manager and a technical account manager who will provide this type of service during normal business hours, up to 10 hours per month, for the first three
months. Partner should expect a response to Type 1 issues within 2 business days, after which they should be escalated as detailed below. 
 Type 2:
Changes 
 Requests for changes in the Service should be directed to the business development account manager who will be assigned to Partner within 3
days of the Execution Data of this Agreement, partner should expect a response to Type 2 issues within 2 business days, after which they should be escalated as detailed below, 
  
 Material in the exhibit marked with a “***” has been omitted pursuant to a request for confidential treatment filed with the
Securities and Exchange Commission. Omitted portions have been filed separately with the Securities and Exchange Commission. 
  

					
	 Confidential
	 	Page 10	 	4/1/2004

 Type 3: Problem Reporting and Resolution 
 Problems reaching LookSmart servers (e.g., major networking Issues, Service outage, etc.) should be addressed with the LookSmart Technical Operations team
as detailed below. ALL OTHER requests (e.g. product Issues) should be treated as Type 1 or Type 2 issues. 
  

	 	1.	Contact the System Technical Support team by: 

  

	 	•	 	 Email: techsupport@lookSmart.net 

  

	 	•	 	 Email Page: techsupport-pager@looksmart.net 

  

	 	•	 	 Please remember to include an area code with the callback telephone number 

 If after 15 minutes, a callback is not received... 
  

	 	2.	Contact the Director of Production Operations by use of the following contact information: 

  

	 	•	 	 Dean Cookson 

  

	 	•	 	 Work/Day: 415-348-7615 

  

	 	•	 	 Cell: 415-516-6177 

  

	 	•	 	 Email: dcookson@looksmart.net 

  

	 	•	 	 Email Page: dcookson-pager@looksmart.net 

 If after 15 minutes, a callback was not received... 
  

	 	3.	Contact the Vice President of Technical Operations by use of the following contact Information: 

  

	 	•	 	 Michael Grubb 

  

	 	•	 	 Work/Day: 415-348-7633 

  

	 	•	 	 Cell: 415-308-8071 

  

	 	•	 	 Email: mg@looksmart.net 

  

	 	•	 	 Email Page: mg-pager@looksmart.net 

 Escalation
Procedures 
 If Partner does not receive timely responses (according to the timetables outlined above) issues should be escalated to any of
the following individuals; 
  

									
	 Person to Contact
	  	 Title
	  	Role	  	Phone	 	 
	David Hoare	  	 Technical Account
 Manager
	  	Business Development	  	415 348 7611 (o)
 416-378-2910 (m)
	 	dhoare@looksmart.net
					
	David Kopp	  	VP	  	Product
 Management
	  	416-348-7688(o)
 416-225-9446 (m)
	 	dkopp@looksmart.net

 Partner Points of Contact 
 Communication of issues from LookSmart to Partner should be directed to the following individuals: 
  

									
	 Person to Contact
	  	Title	  	Role	  	Phone	  	Email
	Ron Sheridan	  	VP                            	  	Business Development	  	213-891-0101            	  	ron@oversee.net

  
 Material in the exhibit marked with a
“***” has been omitted pursuant to a request for confidential treatment filed with the Securities and Exchange Commission. Omitted portions have been filed separately with the Securities and Exchange Commission. 
  

					
	 Confidential
	 	Page 11	 	4/1/2004

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