Exhibit 10.36
THIRD ADDENDUM TO
ADCENTER LICENSE, HOSTING AND SUPPORT
AGREEMENT
This Third Addendum is entered into
by and between IAC Search & Media, a Delaware corporation
(“Partner”) and LookSmart, Ltd., a Delaware corporation
(“LookSmart”) and is the third addendum to that certain
AdCenter License, Hosting and Support Agreement by and between
Partner and LookSmart entered into as of May 16, 2005, as
amended by the parties in two addenda effective January 2006 and
May 2006, respectively (the “Agreement”).
This Third Addendum is effective as
of January 1, 2007 (the “Third Addendum Effective
Date”).
Partner and LookSmart wish to extend
the term of their relationship and amend certain terms and
conditions of the Agreement. Therefore, for good and valuable
consideration, the receipt and sufficiency of which is hereby
acknowledged, Partner and LookSmart agree as follows:
1. Subscription Payment.
Section 3a) is revised to delete the table and the text
following it and replace it with the following:
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LookSmart *** Share of Partner
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Confidential
*** 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 separate
