• Embed Doc
  • Readcast
  • Collections
  • CommentGo Back
Download
Table\ue000 of\ue000 Contents
\ue000
\ue000
UNITED\ue000 STATES
SECURITIES\ue000 AND\ue000 EXCHANGE\ue000 COMMISSION
Washington,\ue000 D.C.\ue000 20549
FORM\ue000 8-K
CURRENT\ue000 REPORT
Pursuant\ue000 to\ue000 Section\ue000 13\ue000 of\ue000 15(d)\ue000 of\ue000 the\ue000 Securities\ue000 Exchange\ue000 Act\ue000 of\ue000 1934
February\ue000 18,\ue000 2009
Date\ue000 of\ue000 Report\ue000 (Date\ue000 of\ue000 earliest\ue000 event\ue000 reported)
LOCAL.COM\ue000 CORPORATION
(Exact\ue000 name\ue000 of\ue000 registrant\ue000 as\ue000 specified\ue000 in\ue000 its\ue000 charter)
\ue000
\ue000
\ue000
\ue000
\ue000
Delaware
(State\ue000 or\ue000 other\ue000 jurisdiction
of\ue000 incorporation)
\ue000
001-34197
(Commission\ue000 File\ue000 Number)
\ue000
33-0849123
(IRS\ue000 Employer
Identification\ue000 No.)
One\ue000 Technology\ue000 Drive,\ue000 Building\ue000 G
Irvine,\ue000 California\ue000 92618
(Address\ue000 of\ue000 principal\ue000 executive\ue000 offices,\ue000 zip\ue000 code)
(949)\ue000 784-0800
(Registrant\u2019s\ue000 telephone\ue000 number,\ue000 including\ue000 area\ue000 code)
N/A
(Former\ue000 name\ue000 or\ue000 former\ue000 address,\ue000 if\ue000 changed\ue000 since\ue000 last\ue000 report)
Check\ue000 the\ue000 appropriate\ue000 box\ue000 below\ue000 if\ue000 the\ue000 Form\ue000 8-K\ue000 filing\ue000 is\ue000 intended\ue000 to\ue000 simultaneously\ue000 satisfy\ue000 the\ue000 filing\ue000 obligation\ue000 of\ue000 the\ue000 issuer\ue000 under\ue000 any\ue000 of\ue000 the
following\ue000 provisions:
o
\ue000 Written\ue000 communications\ue000 pursuant\ue000 to\ue000 Rule\ue000 425\ue000 under\ue000 the\ue000 Securities\ue000 Act\ue000 (17\ue000 CFR\ue000 230.425)
\ue000
o
\ue000 Soliciting\ue000 material\ue000 pursuant\ue000 to\ue000 Rule\ue000 14a-12\ue000 under\ue000 the\ue000 Exchange\ue000 Act\ue000 (17\ue000 CFR\ue000 240.14a-12)
\ue000
o
\ue000 Pre-commencement\ue000 communications\ue000 pursuant\ue000 to\ue000 Rule\ue000 14d-2(b)\ue000 under\ue000 the\ue000 Exchange\ue000 Act\ue000 (17\ue000 CFR\ue000 240.14d-2(b))
\ue000
o
\ue000 Pre-commencement\ue000 communications\ue000 pursuant\ue000 to\ue000 Rule\ue000 13e-4(c)\ue000 under\ue000 the\ue000 Exchange\ue000 Act\ue000 (17\ue000 CFR\ue000 240.13e-4(c))
\ue000
\ue000
\ue000
Processed and formatted by SEC Watch - Visit SECWatch.com
TABLE\ue000 OF\ue000 CONTENTS
Item\ue000 1.01\ue000 Entry\ue000 into\ue000 a\ue000 Material\ue000 Definitive\ue000 Agreement.
Item\ue000 9.01\ue000 Financial\ue000 Statements\ue000 and\ue000 Exhibits.
Exhibit\ue000 Index
EXHIBIT\ue000 10.1
Processed and formatted by SEC Watch - Visit SECWatch.com
Table\ue000 of\ue000 Contents
Item\ue000 1.01\ue000 Entry\ue000 into\ue000 a\ue000 Material\ue000 Definitive\ue000 Agreement.

On\ue000 February\ue000 18,\ue000 2009,\ue000 Local.com\ue000 Corporation\ue000 (the\ue000 \u201cRegistrant\u201d)\ue000 entered\ue000 into\ue000 an\ue000 Asset\ue000 Purchase\ue000 and\ue000 Fulfillment\ue000 Agreement\ue000 (the\ue000 \u201cAgreement\u201d)
with\ue000 LaRoss\ue000 Partners,\ue000 Inc.\ue000 (\u201cLaRoss\u201d)\ue000 whereby\ue000 the\ue000 Registrant\ue000 purchased\ue000 11,754\ue000 website\ue000 hosting\ue000 accounts\ue000 for\ue000 $1,175,000\ue000 in\ue000 cash\ue000 from\ue000 LaRoss.
LaRoss\ue000 will\ue000 provide\ue000 ongoing\ue000 billing\ue000 services,\ue000 hosting\ue000 of\ue000 the\ue000 sites\ue000 and\ue000 customer\ue000 service\ue000 operations\ue000 (collectively\ue000 the\ue000 \u201cFulfillment\u201d)\ue000 for\ue000 the
Registrant\ue000 for\ue000 a\ue000 percentage\ue000 of\ue000 future\ue000 collected\ue000 billing\ue000 revenues.\ue000 The\ue000 term\ue000 of\ue000 the\ue000 Fullfillment\ue000 is\ue000 for\ue000 two\ue000 years\ue000 with\ue000 automatic\ue000 renew\ue000 of\ue000 one\ue000 year
increments\ue000 unless\ue000 cancelled\ue000 60\ue000 days\ue000 prior\ue000 to\ue000 expiration.

Item\ue000 9.01\ue000 Financial\ue000 Statements\ue000 and\ue000 Exhibits.
Exhibit\ue000 10.1\ue000 \ue000 Asset\ue000 Purchase\ue000 and\ue000 Fulfillment\ue000 Agreement\ue000 dated\ue000 February\ue000 18,\ue000 2009.
\ue000
Processed and formatted by SEC Watch - Visit SECWatch.com
of 00

Leave a Comment

You must be to leave a comment.
Submit
Characters: ...
You must be to leave a comment.
Submit
Characters: ...