Addendum No. 5 to Marketing Agreement between Adaptive Marketing LLC and Intelius Sales Company, LLC
This addendum, effective July 1, 2008, amends the existing Marketing Agreement between Adaptive Marketing LLC and Intelius Sales Company, LLC. It updates terms related to contract termination, customer information transfer, legal compliance of advertising, compensation for customer enrollments, and definitions of key terms. The addendum clarifies each party’s obligations regarding customer data and advertising practices, and specifies new payment structures for enrollments. All other terms of the original agreement remain in effect unless directly changed by this addendum.
1. | This Addendum No. 5 shall be effective as of the Addendum Effective Date. | ||
2. | The Agreement is hereby revised as follows: |
a. | Section 5 entitled Term; Termination is hereby revised by deleting the following sentence: Additionally, either Party may terminate this Agreement upon ( * * * ) written notice and replacing it with the following sentence: |
Additionally, either Party may terminate this Agreement upon ( * * * ) prior written notice. |
b. | Section 6.2 is hereby revised to restate subsection (b) (ii) thereof to read as follows: |
(ii) | the transfer of each such Customers Customer Information to Adaptive as provided hereunder does not violate any agreement between Intelius and any Customer, or any other third party (including, without limitation, any privacy policy, terms of use or customer agreement). |
c. | A new Section 6.5 is hereby added reading as follows: |
Further, Adaptive represents, warrants and covenants that all Ad Units it authorizes to be transmitted by Intelius to Intelius customers fully comply with all applicable local, state and federal laws and that such Ad Units, when accepted by the customer, are sufficient to authorize Intelius to transfer to Adaptive the customers credit or debit card information (unless such transfer is otherwise prohibited by Intelius privacy policy, terms of use or any other agreement with its customers). |
d. | Section 9.10 is hereby revised to read as follows: |
During the Term, at least ( * * * ) of the Post Transaction Integrated Ad Units displayed by Intelius to its Customers for Membership Programs offered by entities other than Intelius or its subsidiaries shall be Program Offers. Intelius is otherwise free to offer any advertising from any entity for any product or service in its discretion. |
e. | The definition of Eligible Enrollee in Exhibit A is hereby revised to read as follows: |
(* * *) Certain information in this agreement has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions.
Eligible Enrollee means an Enrollee ( * * * ) The only exceptions to the definition of Eligible Enrollee (with respect to which Intelius is compensated hereunder) are as noted above. |
f. | Section 1 of Exhibit C is hereby revised by adding the following paragraphs: | ||
Effective for all Enrollees enrolling in Programs during each of the ( * * * ) in lieu of any other fees under this Exhibit C: |
(a) | Intelius shall receive from Adaptive ( * * * ) for each of the ( * * * ) Eligible Enrollees who enroll in Programs ( * * * ) | ||
(b) | for each of the ( * * * ) Eligible Enrollees who enroll in Programs ( * * * ) after the ( * * * ) Eligible Enrollees who enroll in Programs ( * * * ) Eligible Enrollees have enrolled in Programs ( * * * ), Intelius shall receive from Adaptive ( * * * ); and | ||
(c) | for each Eligible Enrollee who enrolls in a Program ( * * * ) after the ( * * * ) Eligible Enrollees have enrolled in Programs ( * * * ), Intelius shall receive from Adaptive ( * * * ). |
Effective for Enrollees enrolling in Programs ( * * * ) in lieu of any other fees under this Exhibit C: |
(a) | Intelius shall receive from Adaptive ( * * * ) for each of the first ( * * * ) Eligible Enrollees who enroll in Programs( * * * ); | ||
(b) | for each of the ( * * * ) Eligible Enrollees who enroll in Programs ( * * * ) after the ( * * * ) Eligible Enrollees who enroll in Programs ( * * * ) Eligible Enrollees have enrolled in Programs ( * * * ) Intelius shall receive from Adaptive ( * * * ); and | ||
(c) | for each Eligible Enrollee who enrolls in a Program ( * * * ) after the ( * * * ) Eligible Enrollees have enrolled in Programs ( * * * ) Intelius shall receive from Adaptive ( * * * ) |
g. | Exhibit A is hereby revised to add the following definition: |
Post Transaction Integrated Ad Unit means an Integrated Ad Unit transmitted or displayed to a Customer in the Transaction Path following such Customers purchase of an Intelius product or service and prior to such Customers viewing of the Intelius Purchase Confirmation Page for such Intelius product or service. |
3. | This Addendum No. 5 supplements and modifies the Agreement only to the extent that the terms of this Addendum No. 5 expressly conflict with the Agreement. Nothing in this Addendum No. 5 should be interpreted as invalidating the Agreement, and the provisions of the Agreement will continue to govern relations between the Parties insofar as they do not expressly conflict with this Addendum No. 5. | ||
4. | This Addendum No. 5 may be executed in counterparts and by facsimile, each of which shall be deemed an original and both of which together shall constitute one and the same document. |
(* * *) Certain information in this agreement has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions.
INTELIUS SALES COMPANY, LLC | ADAPTIVE MARKETING LLC | |||||||||
By: Name: | /s/ John Arnold | By: | /s/ [illegible signature] | |||||||
Title: | Executive Vice President | Its sole Member |