0001193125-10-045310 Sample Contracts

AOL INC. NON-QUALIFIED STOCK OPTION AGREEMENT
Non-Qualified Stock Option Agreement • March 2nd, 2010 • AOL Inc. • Services-computer processing & data preparation • New York

This NON-QUALIFIED STOCK OPTION AGREEMENT (this “Agreement”) is dated as of December 9, 2009 by and between AOL Inc., a Delaware corporation (the “Company”), and Timothy M. Armstrong (the “Participant”).

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Restricted Stock Units Agreement General Terms and Conditions
Restricted Stock Units Agreement • March 2nd, 2010 • AOL Inc. • Services-computer processing & data preparation • New York

This RESTRICTED STOCK UNITS AGREEMENT (this “Agreement”), dated as of December 9, 2009, is by and between AOL Inc., a Delaware corporation (the “Company”), and Timothy M. Armstrong.

Contract
Credit Support Agreement • March 2nd, 2010 • AOL Inc. • Services-computer processing & data preparation • New York

CREDIT SUPPORT AGREEMENT dated as of December 9 , 2009 (this “Agreement”), between TIME WARNER INC., a Delaware corporation (“Time Warner”), and AOL INC., a Delaware corporation (“AOL”).

AMENDMENT TO MEMORANDUM OF UNDERSTANDING
Memorandum of Understanding • March 2nd, 2010 • AOL Inc. • Services-computer processing & data preparation • New York

This Amendment (this “Amendment”), dated as of December 8, 2009 (“Amendment Effective Date”), is entered into by and between AOL Inc., a Delaware corporation, with its principal offices at 770 Broadway, New York, New York 10003 (“AOL”), and Telepictures Productions Inc., a Delaware corporation, with its principal offices at 4000 Warner Blvd., Burbank, CA 91522 (“TP”; and together with AOL, the “Parties” and each a “Party”) to amend that certain Memorandum of Understanding, effective as of July 25, 2005, between AOL (as assignee of AOL LLC (f/k/a America Online, Inc.)) and TP, as such Memorandum of Understanding may have been amended from time to time (as so amended, the “MOU”).

Contract
Assignment and Assumption Agreement • March 2nd, 2010 • AOL Inc. • Services-computer processing & data preparation • New York

ASSIGNMENT AND ASSUMPTION AGREEMENT (this “Agreement”), dated as of December 4, 2009 (the “Asset Distribution Date”), by and among TIME WARNER INC., a Delaware corporation (“TWX”), AOL INC., a Delaware corporation (“AOL”) and AOL LLC, a Delaware limited liability company (“AOL LLC”).

TWENTY-THIRD AMENDMENT TO AMENDED AND RESTATED INTERACTIVE MARKETING AGREEMENT
Interactive Marketing Agreement • March 2nd, 2010 • AOL Inc. • Services-computer processing & data preparation

This Twenty-Third Amendment to Amended and Restated Interactive Marketing Agreement (“Twenty-Third Amendment”) is entered into by and between AOL INC., a Delaware corporation (successor in interest to AOL LLC), with its principal place of business at 770 Broadway, New York, NY 10003 (“AOL”), and GOOGLE INC., a Delaware corporation (successor-in-interest to Google Inc., a California corporation) with offices at 1600 Amphitheatre Parkway, Mountain View, CA 94043 (“Google”), effective as of December 4, 2009 (the “Twenty-Third Amendment Effective Date”). AOL and Google may be referred to individually as a “Party” and collectively as the “Parties”.

Separation Agreement and Release of Claims
AOL Inc. • March 2nd, 2010 • Services-computer processing & data preparation • Virginia

This letter will serve as confirmation that your employment with AOL Inc. (together with any successors, subsidiaries, merged entities, parent entities and their respective affiliates, “AOL” or “the Company”) is being terminated without cause. This Separation Agreement and Release of Claims (“Separation Agreement”), upon your signature after your Separation Date, will constitute the complete agreement between you and the Company regarding the terms of your separation from employment. This agreement supersedes and replaces all prior agreements, unless explicitly provided for in this Separation Agreement.

Contract
Employee Matters Assignment and Assumption Agreement • March 2nd, 2010 • AOL Inc. • Services-computer processing & data preparation • New York

EMPLOYEE MATTERS ASSIGNMENT AND ASSUMPTION AGREEMENT (“Agreement”), dated as of December 3, 2009 (the “Employee Asset Distribution Date”), by and among TIME WARNER INC., a Delaware corporation (“TWX”), AOL INC., a Delaware corporation (“AOL”), and AOL LLC, a Delaware limited liability company (“AOL LLC”).

To: Ted Cahall From: Ron Grant Date: May 13, 2008 Re: Amendment to your Employment Agreement
AOL Inc. • March 2nd, 2010 • Services-computer processing & data preparation

This memo, upon your signature, supplements your revised offer letter dated December 15, 2006, and shall constitute the complete agreement between you and AOL LLC (together with its subsidiaries, affiliates and assigns “AOL” or the “Company”) regarding your continued employment.

SECOND AMENDMENT TO SEARCH SERVICES AGREEMENT
Search Services Agreement • March 2nd, 2010 • AOL Inc. • Services-computer processing & data preparation

This Second Amendment to Search Services Agreement (“Second Amendment”) is entered into by and between AOL Inc. (successor-in-interest to AOL LLC), a Delaware corporation, with its principal place of business at 770 Broadway, New York, NY 10003 (“AOL”), and Time Inc. (“TI”), a Delaware corporation with offices at 1271 Avenue of the Americas, New York, New York 10020, effective as of December 17, 2009 (the “Second Amendment Effective Date”).

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