Relocation Arrangement Agreement between NeuStar, Inc. and Jeffrey A. Babka
NeuStar, Inc. has agreed to provide Jeffrey A. Babka with special relocation benefits as he moves from Georgia to Virginia. Mr. Babka will receive annual cost-of-housing allowances of $30,000 in 2005, $20,000 in 2006, and $10,000 in 2007, as long as he remains employed by NeuStar. He will also be reimbursed for extra housing and living expenses for up to six months or until his Georgia home is sold, whichever comes first. If his home is not sold within six months or sells for less than he paid, NeuStar may consider offering additional support.
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Exhibit 10.48
Relocation Arrangement
with
Jeffrey A. Babka
Jeffrey A. Babka has an arrangement with NeuStar, Inc. whereby he is entitled to benefits in addition to those available to other executive-level employees in connection with his relocation from Georgia to Virginia. Specifically, Mr. Babka will receive an annual cost-of-housing allowance of $30,000, $20,000, and $10,000 in 2005, 2006 and 2007, respectively, contingent on his continued employment by NeuStar. He also is entitled to receive payments equal to the incremental cost of his duplicate housing and living expenses for six months or until the date of sale of his Georgia residence, whichever is earlier. If Mr. Babka's Georgia residence is not sold prior to the end of the six-month period, or if an offer is received that is lower than Mr. Babka's purchase price for the Georgia residence, NeuStar has agreed to consider additional benefits.
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