Michael Rose 15207 Clydelle Avenue San Jose, CA 95124 Dear Michael:Letter Agreement • April 17th, 2009 • Lateral Media, Inc. • Metal mining
Contract Type FiledApril 17th, 2009 Company IndustryThis Letter Agreement (this “Agreement”) is executed as of the date set forth above but shall only be effective as of the earlier of the closing date of the proposed acquisition of certain assets of Jumpstart Automotive Media, Inc. by the Company (as defined below) or April 15, 2009, whichever occurs first (the “Effective Date”), by and between You (“You”) and Lateral Media, Inc., a Delaware corporation (the “Company”), with reference to the following: