February 9, 2010 Michael Schoen Re: Separation Agreement Dear Michael:Separation Agreement • February 19th, 2010 • Looksmart LTD • Services-computer processing & data preparation • California
This letter sets forth the terms of the separation agreement (the "Agreement") between you and LookSmart, Ltd. (the "Company"), in consideration of the mutual covenants and promises herein and the payment of the Severance Payment hereunder.
