EXECUTIVE SEPARATION AGREEMENTExecutive Separation Agreement • February 24th, 2012 • Demand Media Inc. • Services-computer processing & data preparation • California
This Separation Agreement, dated as of January 27, 2012 (the “Agreement”) is made by and among Demand Media, Inc., a Delaware corporation (the “Company”) and Larry Fitzgibbon (“Executive”) and sets forth the substance of the agreement between you and the Company regarding your separation of employment, which will be effective January 30, 2012 (“Separation Date”). For the avoidance of doubt, we agree that this Agreement shall document a mutual resignation of your employment with the Company and is entered into with reference to that certain Employment Agreement between you and the Company dated October 2, 2010 (“Employment Agreement”).
