Document:

Description of Directors Compensation

 Exhibit 10.8 
 Non-Management Director Compensation 
 Non-Management Directors: 

 

	 	•	 	 Each Director will receive a Board retainer of $100,000 (prorated for partial periods of service), payable in quarterly installments in arrears.

  

	 	•	 	 Each Director will receive an annual Committee retainer of $10,000 (prorated for partial periods of service) for each Committee of which he or she is a
member, payable in quarterly installments in arrears. 

  

	 	•	 	 Each Committee Chair other than the Chair of the Audit Committee will receive an additional annual Committee Chair retainer of $15,000 (prorated for
partial periods of service), payable in quarterly installments in arrears, and the Chair of the Audit Committee will receive an additional annual Committee Chair retainer of $20,000 (prorated for partial periods of service), payable in quarterly
installments in arrears. 

  

	 	•	 	 Each Director will receive a quarterly deferred stock unit grant, with a value equal to $37,500 (i.e, $150,000 per year) (prorated for partial periods
of service), based on the average of the high and low trading prices of the Company’s common stock averaged over the last ten trading days of the quarter. These units will be fully vested upon crediting and will be distributed to the Director
on the second anniversary of the grant date unless the Director makes an election prior to the end of the preceding calendar year to defer distribution until termination of the Director’s service on the Board. The units will be distributed 100%
in shares of the Company’s common stock. 

  

	 	•	 	 Unless the Board exempts a Director, each Director will be required to retain at all times stock representing no less than 50% of the after-tax value
of exercised options and shares received upon distribution of deferred stock units until the director holds shares sufficient to meet any equity retention guidelines set forth in the Company’s Corporate Governance Guidelines.

 Independent Lead Director 
  

	 	•	 	 The Director elected Lead Director shall receive as compensation for his or her services as Lead Director a fee of $50,000 per year in addition to the
compensation received by the Director for his or service as a Director and on Committees of the Board.EX-10.1

 Exhibit 10.1 
 Release Agreement 
 AGREEMENT entered into as
of this 15th day of November 2012 (the
“Agreement”) by and between Motricity, Inc., a Delaware corporation with its principal place of business at 601 108th Avenue NE, Suite 800, Bellevue, WA 98004 (the “Company”), and James R. Smith, Jr. (the
“Employee”). 
 RECITAL 
 WHEREAS, the Employee and Company executed that certain Offer Letter Agreement dated January 8, 2009, as amended by the First Amendment thereto dated May 19, 2010, the Second Amendment
thereto dated April 19, 2011, and the Third Amendment thereto dated August 21, 2011, which sets forth the terms and conditions of the Employee’s employment with the Company (the “Employment Agreement”); 

WHEREAS, the Company and Employee have mutually agreed that his employment should be terminated and in accordance with the terms
of the Employment Agreement, the Employee’s termination shall be treated as “without cause” in accordance with the provisions of the Employment Agreement, effective as of November 15, 2012 (the “Termination
Date”); and 
 WHEREAS, in exchange for the severance and benefits described below, the Employee agrees to
release and waive any and all claims against the Company as set forth below pursuant to terms and conditions hereof. 

AGREEMENT 
 NOW, THEREFORE, in consideration of the mutual promises and covenants herein contained, it is hereby agreed as follows: 
 1. Termination. Your termination shall be effective as of the Termination Date, and you shall cease to hold, as of that date, any and all positions including without limitation as an officer or
director that you have held with the Company or any of its affiliates. Effective as of the Termination Date, you shall cease to be an employee of the Company. Except as provided for herein, your eligibility for any Company benefits shall cease as of
the Termination Date. 
 In consideration for the releases set forth herein, the severance terms of the Employment Agreement and subject to
continuing to meet your obligations under this Agreement, the Company has agreed to pay you nine (9) months severance for a total of $300,000 less all applicable state and federal deductions (“Severance Amount”). Payment of the
Severance Amount will be made in equal installments over nine (9) months in accordance with the Company’s customary payroll practices. Payments of the Severance Amount shall begin eight (8) days after the Company’s receipt of an
executed original of this Agreement. 
 The Company acknowledges and agrees that (i) it shall pay you any expenses that it has not
reimbursed to date and are owed to you as of the date hereof, subject to you submitting appropriate documentation and such documented expenses are eligible for reimbursement under the Company’s policies and procedures; and (ii) it shall
pay you any accrued and unpaid vacation or paid time off as of the date hereof in accordance with Company policy and applicable law; 

 
and (iii) pursuant to those certain Restricted Stock Grant Agreements between you and the Company dated March 3, 2009 and February 11, 2010 all of the unvested shares of restricted
stock previously granted to you shall vest and become non-forfeitable as of the Termination Date in accordance with the terms therein. Except as provided herein, all other unvested equity awards shall be forfeited and cancelled as of the Termination
Date. Your rights and obligation under any vested and outstanding equity award agreements shall be determined in accordance with the governing award agreement and applicable equity incentive plan. 

2. Health Insurance Continuation. You and your beneficiaries, if applicable, will receive, health insurance, dental and
vision benefits through the Company’s current plan through the severance period at the same terms and cost sharing as are in effect at the Termination Date. Your health insurance benefits shall cease on August 31st, 2013 subject to your right to continue health insurance pursuant to
the Consolidate Omnibus Budget Reconciliation Act of 1985, as amended (“COBRA”). If you choose to exercise your COBRA rights, the Company shall directly pay the continuation premium for you and your family for a period of nine
(9) months, beginning on December 1, 2012. The Company’s obligation to pay your COBRA premium will cease upon your becoming covered by another employer’s group health insurance plan. 

3. Transfer of Responsibilities. You shall cooperate fully with the Company and its personnel to provide an orderly transfer of your duties and
responsibilities prior to the Termination Date. This cooperation includes but is not limited to timely compliance with all reasonable requests for information, including, but not limited to, the transition of any work and any leads, prospects or
contacts to your manager. You shall have no such obligation following the Termination Date. 
 4. Confidentiality of this Agreement.
Except to the extent otherwise disclosed in any Company filings or disclosures with the United States Securities and Exchange Commission, you agree to keep confidential and not to disclose the existence or terms of this Agreement or sums paid under
this Agreement to anyone or to any organization, except that you may disclose such information to your spouse, attorney, your legal and financial advisers, provided you have received in advance their promises to maintain this information in strict
confidence or as otherwise required by law. Nothing in this Agreement will prevent you from cooperating with or participating in any investigation by the government of the U.S., including any investigations by the federal Equal Employment
Opportunity Commission (the “EEOC”) or the Washington State Human Rights Division. 
 5. Nondisclosure and Intellectual
Property Protection Agreement. You acknowledge the validity and continuing applicability of the agreements and covenants contained in the Nondisclosure and Intellectual Property Protection Agreement dated January 8, 2009, a copy of which is
attached hereto as Attachment A concerning the ownership, non-use and return of confidential information and non-competition with the Company. Those agreements and covenants are incorporated herein by reference and continue to have full force
and effect following the Termination Date. 

  
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 6. Return of Company Property. You acknowledge that you have returned to the Company all property of
the Company that is in your possession or under your control, including, without limitation, Company keys, cell phones, lap-top and any and all files, documents and other information with respect to the Company’s management, business operations
or customers, including all files, documents, or other information containing confidential information. 
 7. Non-Disparagement. You
hereby agree that you will refrain from making any derogatory, disparaging or false statements with respect to the Company or any of its shareholders, controlling persons, officers, directors, executives, advisors, customers, or other related or
affiliated parties or any other Company Released Parties. The Company hereby agrees that its officers, directors, affiliates and other related or affiliated parties shall refrain from making any derogatory, disparaging or false statements with
respect to you. The Company will also direct its employees, directors and agents to refrain from making derogatory, disparaging or false statements with respect to you. You agree that you will not communicate or disclose to any third party or use
for your own account, without the written consent of the Company, any of the Company’s confidential and proprietary information, trade secrets or materials, except as required by law, unless and until such information or material becomes
generally available to the public through sources other than you. 
 8. Breach of Agreement. To the extent permitted by law, you
understand and agree that any breach of your obligations under this Agreement will immediately render the Company’s obligations and agreements null and void, and, to the extent permitted by law, you shall repay to the Company the Severance
Amount. In addition, you shall be liable to the Company for all damages arising from such breach, including but limited to the attorney’s fees and costs incurred by the Company in connection with such breach. 

9. General Release. You, for yourself and your heirs, legal representatives, beneficiaries, assigns and successors in interest, knowingly and
voluntarily release, remise and forever discharge the Company and its successors, assigns, former or current affiliates, shareholders, officers, directors, members of the board of directors, employees, agents, attorneys and representatives
(“Company Released Parties”) whether in their individual or official capacities, from any and all actions or causes of action, suits, debts, claims, complaints, contracts, controversies, agreements, promises, damages, claims for
attorneys’ fees, costs, interest, punitive damages or reinstatement, judgments and demands whatsoever, in law or equity, you now have, may have or ever had, whether known or unknown, suspected or unsuspected, from the beginning of the world to
the date that you sign this Agreement (“Released Claims”), including, without limitation: 
  

	 	(a)	 claims under any state or federal discrimination, fair employment practices or other employment-related statute, or regulation (as they may have been
amended through the date of this Agreement) prohibiting discrimination or harassment based upon any protected status including, without limitation, race, color, religion, national origin, age, gender, marital status, disability, handicap, veteran
status or sexual orientation. Without limitation, specifically included in this paragraph are any claims arising under the Federal Rehabilitation Act of 1973, Age Discrimination in Employment Act of 1967, as amended by the Older Workers Benefit
Protection Act of 1990, Title VII of the Civil Rights Act of 1964, as amended by the Civil 

  
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Rights Act of 1991, the Equal Pay Act, the Lilly Ledbetter Fair Pay Act, the Americans With Disabilities Act, the Rehabilitation Act of 1973, and any similar Washington local or other state
statute; 
  

	 	(b)	claims under any other state or federal employment-related statute, or regulation (as they may have been amended through the date of this Agreement) relating to wages,
hours or any other terms and conditions of employment. Without limitation, specifically included in this paragraph are any claims arising under the Fair Labor Standards Act, the Family and Medical Leave Act of 1993, the National Labor Relations Act,
the Employee Retirement Income Security Act of 1974, except as otherwise provided herein, the Consolidated Omnibus Budget Reconciliation Act of 1985, the Occupational Safety and Health Act, the Health Insurance Portability and Accountability Act of
1996, the Employee Retirement Income Security Act of 1974, the Sarbanes Oxley Act of 2002 and any similar Washington local or other state statute; 

  

	 	(c)	claims under any state or federal common law theory, including, without limitation, wrongful discharge, breach of express or implied contract, promissory estoppel,
unjust enrichment, breach of a covenant of good faith and fair dealing, violation of public policy, defamation, interference with contractual relations, intentional or negligent infliction of emotional distress, invasion of privacy,
misrepresentation, deceit, fraud or negligence; and 

  

	 	(d)	any other claim arising under state or federal law. 

 Notwithstanding the above, nothing in this release is intended to release or waive (i) your right to seek enforcement of this Agreement or any other rights of indemnification, contribution,
subrogation, advancement and/or reimbursement of expenses or similar rights to the extent they are provided for in the Company’s Restated Certificate of Incorporation bylaws or the Indemnification Agreement dated February 24, 2009 between
you and the Company (the “Indemnification Agreement”) or to the extent permitted or required by law; or (ii) your rights as they exist pursuant to any director and officer insurance policies or any other insurance policies
whether in effect before the date of this Agreement, on the date of this Agreement or after the date of this Agreement. The Company specifically acknowledges that its indemnification obligations to you include but are not limited to full defense and
indemnification with respect to the lawsuit styled Joe Callan vs Motricity Inc., et. al, Case:2:11-cv-01340, filed on August 12, 2011 in U.S. Dist. Ct. Western Dist of Washington, and any related class, derivative or other legal
proceedings. 
 You recognize that you may have some claim, demand or cause of action against the Company Released Parties of which you are
totally unaware and unsuspecting that you are giving up by execution of this release. It is your intention in executing this release that this release will deprive you of each such claim, demand and cause of action and prevent you from asserting it
against the Company Released Parties. 

  
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 You represent and warrant that no portion of any claim, demand, cause of action, or other matter released
herein, nor any portion of any recovery or settlement to which you might be entitled from the Company Released Parties, has been assigned or transferred to any other person or entity, either directly or by way of subrogation or operation of law. You
hereby agree to indemnify, defend and hold the Company Released Parties harmless from any and all loss, cost, claim, and expense (including, but not limited to, all expenses of investigation and defense of any such claim or action, including
reasonable attorneys’ and accountants’ fees, costs, and expenses) arising out of any claim made or action instituted against the Company Released Parties by any person or entity that is the beneficiary of such assignment or transfer and to
pay and satisfy any judgment resulting from any settlement in favor of the beneficiary of any such claim or action. 
 You further represent and
warrant that you have not filed or participated in the filing of any complaint, grievance, charge or claim with or before any local, state or federal agency or board, union or any court or other tribunal relating to the Company or to your employment
with, or the termination of, your employment at the Company and its affiliates. Nothing contained herein is intended to nor shall prohibit you from (i) filing a charge or complaint with the EEOC; or (ii) participating in any investigation
or proceeding conducted by the EEOC. In the event that you file a charge with the EEOC, you waive and release any personal entitlement to reinstatement, back pay or any other types of damages or injunctive relief in connection with any actions
taken by you on your behalf on your administrative charge. NOTWITHSTANDING THIS PROVISION, YOU UNDERSTAND AND AGREE THAT BY ENTERING INTO THIS AGREEMENT, YOU ARE FOREVER RELEASING AND WAIVING ANY AND ALL CLAIMS AGAINST THE COMPANY, INCLUDING
BUT NOT LIMITED TO CLAIMS FOR AGE DISCRIMINATION, AS SET FORTH IN THIS SECTION, PROVIDED, HOWEVER, THAT THE RELEASE PROVIDED FOR HEREIN SHALL NOT EXTEND TO ANY CLAIMS UNDER THIS AGREEMENT OR THOSE SPECIFICALLY EXCLUDED FROM THE RELEASE. 

You hereby acknowledge and understand that this is a General Release. 
 10. OWBPA/ADEA. This paragraph is intended to comply with the Older Workers Benefit Protection Act of 1990 (“OWBPA”) with regard to your waiver of rights under the Age
Discrimination in Employment Act of 1967 (“ADEA”): 
  

	 	(a)	You are specifically waiving rights and claims under the ADEA; 

  

	 	(b)	The waiver of rights under the ADEA does not extend to any rights or claims arising after the date this Agreement is signed by you; 

 

	 	(c)	You acknowledge receiving consideration for this waiver; 

  

	 	(d)	You acknowledge that you have been advised to consult with an attorney before signing this Agreement; and 

 

	 	(e)	You acknowledge that after receiving a copy of this Agreement, you had the right to take up to 21 days to consider your decision to sign the Agreement; the parties
agree that changes to the Agreement, whether material or immaterial did not restart the running of the 21-day period. 

  
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 This Agreement does not become effective for a period of seven (7) days after you sign
it. You have the right to revoke this Agreement during the seven (7) day period. Revocation must be made in writing, signed by you and delivered to Richard Sadowsky at Motricity, Inc., 601 108th Avenue NE, Suite 800, Bellevue, WA 98004 during
the seven (7) day period. 
 11. Covenant Not to Sue. To the extent permitted by law, you specifically agree not to commence any
legal action against any of the Company Released Parties arising out of or in connection with the Released Claims. To the extent permitted by law, you expressly agree that if you commence such an action in violation of this Agreement, you shall
indemnify the Company Released Parties for the full and complete costs of defending such an action and enforcing this Agreement, including reasonable attorneys’ fees (whether incurred in a third party action or in an action to enforce this
Agreement), court costs, and other related expenses. You further agree that, to the extent permitted by law, if you commence such an action despite the provisions of this Agreement, you shall be obligated to return to the Company the Severance
Amount. This Agreement does not act as a waiver or release of any complaints or charges that you cannot by law waive or release, and does not prohibit you from: (i) filing a charge or complaint with the EEOC, or any other state or federal
agency, or (ii) participating in any investigation or proceeding conducted by the EEOC or Washington State Human Rights Division. Notwithstanding, by executing this Agreement, you are expressly waiving your ability to obtain relief of any kind
from the Company to the extent permitted by law. 
 12. Governing Law. This Agreement shall be governed by and construed in accordance
with the laws of the State of Delaware, without giving effect to conflict of laws principles. Both parties agree that any action, demand, claim or counterclaim shall be resolved by a judge alone, and both parties hereby waive and forever renounce
the right to a trial before a civil jury. 
 13. Voluntary Assent. You confirm that no other promises or agreements of any kind have been
made by any person to cause you to sign this Agreement except as otherwise as noted herein, and that you fully understands the meaning and intent of this Agreement. You agree that this is the entire agreement and understanding between you and the
Company. 
 14. Notices and Communications. Any and all notices or other communications required or permitted to be given in connection
with this Agreement shall be in writing (or in the form of a facsimile or electronic transmission) addressed as provided below and shall be (i) delivered by hand, (ii) transmitted by facsimile or electronic mail with receipt confirmed,
(iii) delivered by overnight courier service with confirmed receipt, or (iv) mailed by first class U.S. mail, postage prepaid and registered or certified, return receipt requested: 

  
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 If to the Company to: 

Motricity, Inc. 

601 108th Avenue NE 
 Suite 800 
 Bellevue, WA 98004 

Attention: Richard Sadowsky 
 Facsimile No: (425) 638-8436 
 Email: Richard.Sadowsky@motricity.com

 If to the Employee: 
 James R. Smith, Jr. 
 5490 170th PL SE 

Bellevue, WA 98006 
 Email: jsmith0128@gmail.com 
 and in any case at such other address as the addressee shall have
specified by written notice. Any notice or other communication given in accordance with this Agreement shall be deemed delivered and effective upon receipt, except those notices and other communications sent by mail, which shall be deemed delivered
and effective three (3) business days following deposit with the United States Postal Service. All periods of notice shall be measured from the date of delivery thereof. 
 15. Entire Agreement. This Agreement constitutes the entire agreement between the parties hereto with regard to the subject matter hereof, superseding all prior understandings and agreements,
whether written or oral; provided, however, that any equity award agreements between you and the Company shall remain in full force and effect in accordance with the terms and conditions therein. 

16. Remedies. Any breach or threatened breach by you of the provisions of this Agreement will result in irreparable and continuing damage to the
Company for which there is no adequate remedy at law. In such event, you agree and acknowledge that the Company will be entitled to injunctive relief and/or specific performance, and such other relief that may be proper (including monetary damages,
if proper) without the posting of any bond and that you shall not oppose the granting of such relief. 
 17. Authority. The Company
represents that this Agreement has been presented to, considered and authorized by the Company’s Board (and/or any appropriate committee(s) thereof), and that the Company officer executing this Agreement on behalf of the Company has the
authority to enter into this Agreement and bind the Company to the terms and conditions hereof. Any action or consent of the Company required hereunder may be authorized only by a written resolution, or action at a meeting, of the Board properly
taken in accordance with the Company’s Restated Certificate of Incorporation and bylaws. 

  
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 Please indicate your agreement to the terms of this Agreement by signing and dating the last page of the
enclosed copy of this Agreement, and return it to me not later than the close of business on December 6, 2012. 
 [Signature
page follows] 

 IN WITNESS WHEREOF, the Company and the Employee have executed and delivered this
Agreement as of the date first written above. 
  

			
	MOTRICITY, INC.
		
	By:	 	 /s/ Richard Sadowsky

	Name: Richard Sadowsky
	Title: General Counsel and Chief Administrative Officer
	
	EMPLOYEE
	
	 /s/ James R. Smith, Jr.

	James R. Smith, Jr.

 Attachment A 

Nondisclosure and Intellectual Property Protection Agreement 

See attached.

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