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LOCM > SEC Filings for LOCM > Form 8-K on 13-Aug-2013All Recent SEC Filings

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Form 8-K for LOCAL CORP


13-Aug-2013

Entry into a Material Definitive Agreement, Financial Statements and Exhibits


Item 1.01 Entry into a Material Definitive Agreement.

On August 7, 2013, Local Corporation (the "Registrant") entered into an Advertising Insertion Order with AOL Advertising Inc. that supplements and modifies its existing Advertising Insertion Order with AOL (the "AOL Agreement"). The AOL Agreement provides for the purchase of certain advertising from AOL Advertising Inc.'s Search Marketplace on a bid-for-position basis. The AOL Agreement is governed by the AAAA/IAB Standard Terms and Conditions for Internet Advertising for Media Buys One Year or Less, version 3.0, except as otherwise modified in the AOL Agreement. The AOL Agreement expires on May 31, 2015, but may be terminated at any time on one (1) business day advance notice. There is no guaranteed spend commitment from Registrant to AOL Advertising Inc. in the AOL Agreement.

The foregoing description of the AOL Agreement is qualified in its entirety by reference to the full text of the AOL Agreement which is filed as Exhibit 10.1 with portions omitted and filed separately with the Securities and Exchange Commission pursuant to a request for confidential treatment. Exhibit 10.1 is a redacted copy of the AOL Agreement and is incorporated herein by reference.



Item 9.01 Financial Statements and Exhibits.

Exhibit 10.1(1) AOL Advertising Insertion Order dated August 7, 2013, by and between the Registrant and AOL Advertising Inc.

(1) Application has been made with the Securities and Exchange Commission to seek confidential treatment of certain provisions. Omitted material for which confidential treatment has been requested has been filed separately with the Securities and Exchange Commission.


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