ABP Uses in Annual Bonus Clause

Annual Bonus from Executive Employment Agreement

This EMPLOYMENT AGREEMENT ("Agreement") is made and entered into as of April 3, 2014, by and between AOL INC. ("Company"), a Delaware Corporation with an address at 770 Broadway, New York, New York 10003, and William E. Pence ("Executive").

Annual Bonus. In addition to Executive's Base Salary, Executive will be eligible to participate in Company's Annual Bonus Plan (the "ABP"), pursuant to its terms as determined by Company from time to time. Pursuant to the ABP, Company will review its performance (including, if applicable, Brand/Segment performance) and Executive's individual performance and will determine Executive's bonus under the ABP, if any ("Bonus"). Although as a general matter in cases of satisfactory individual performance, Company would expect to pay a Bonus at the target level provided for in the ABP where Company has met target performance for a given year, Company does not commit to paying any Bonus, and Executive's Bonus may be negatively affected by the exercise of Company's discretion or by Company performance. Although any Bonus (and its amount, if a Bonus is paid) is fully discretionary and subject to the terms of the ABP, Executive's target Bonus opportunity during the Employment Term is one hundred percent (100%) of Executive's Base Salary. Executive is eligible to participate in the ABP for the year in which employment commences; however, Executive's Bonus for such year will be prorated on a daily basis beginning on the starting date of the Employment Term.

Annual Bonus from Executive Employment Agreement

This EMPLOYMENT AGREEMENT ("Agreement") is made and entered into as of May 6, 2014, by and between AOL INC. ("Company"), a Delaware corporation with an address at 770 Broadway, New York, New York 10003, and Julie Jacobs ("Executive").

Annual Bonus. In addition to Executive's Base Salary, Executive will be eligible to participate in Company's Annual Bonus Plan (the "ABP"), pursuant to its terms as determined by Company from time to time. Pursuant to the ABP, Company will review its performance (including, if applicable, Brand/Segment/Group performance) and Executive's individual performance and will determine Executive's bonus under the ABP, if any ("Bonus"). Although as a general matter in cases of satisfactory individual performance, Company would expect to pay a Bonus at the target level provided for in the ABP where Company has met target performance for a given year, Company does not commit to paying any Bonus, and Executive's Bonus may be negatively affected by the exercise of Company's discretion or by Company performance. Although any Bonus (and its amount, if a Bonus is paid) is fully discretionary and subject to the terms of the ABP, Executive's target Bonus opportunity during the Employment Term is one-hundred percent (100%) of Executive's Base Salary.

Annual Bonus from Executive Employment Agreement

This EMPLOYMENT AGREEMENT (Agreement) is made and entered into as of July 18, 2013, by and between AOL INC. (Company), a Delaware corporation with an address at 770 Broadway, New York, New York 10003, and Robert Lord (Executive).

Annual Bonus. In addition to Executives Base Salary, Executive will be eligible to participate in Companys Annual Bonus Plan (the ABP), pursuant to its terms as determined by Company from time to time. Pursuant to the ABP, Company will review its performance (including, if applicable, Brand/Segment/Group performance) and Executives individual performance and will determine Executives bonus under the ABP, if any (Bonus). Although as a general matter in cases of satisfactory individual performance, Company would expect to pay a Bonus at the target level provided for in the ABP where Company has met target performance for a given year, Company does not commit to paying any Bonus, and Executives Bonus may be negatively affected by the exercise of Companys discretion or by Company performance. Although any Bonus (and its amount, if a Bonus is paid) is fully discretionary and subject to the terms of the ABP, Executives target Bonus opportunity during the Employment Term is one hundred percent (100%) of Executives Base Salary. Executive is eligible to participate in the ABP for the year in which employment commences; provided, however, Executives Bonus for such year will be prorated on a daily basis beginning on the starting date of the Employment Term.

Annual Bonus from Executive Employment Agreement

This EMPLOYMENT AGREEMENT (Agreement) is made and entered into as of February 27, 2013, by and between AOL INC. (Company), a Delaware corporation with an address at 770 Broadway, New York, New York 10003, and Susan M. Lyne (Executive).

Annual Bonus. In addition to Executives Base Salary, Executive will be eligible to participate in Companys Annual Bonus Plan (the ABP), pursuant to its terms as determined by Company from time to time. Pursuant to the ABP, Company will review its performance and Executives individual performance and will determine Executives bonus under the ABP, if any (Bonus). Although as a general matter in cases of satisfactory individual performance, Company would expect to pay a Bonus at the target level provided for in the ABP where Company has met target performance with respect to the financial metrics measuring performance for a given year, Company does not commit to paying any Bonus, and Executives Bonus may be negatively affected by the exercise of Companys discretion or by overall Company performance. Although any Bonus (and its amount, if a Bonus is paid) is fully discretionary and subject to the terms of the ABP, Executives target Bonus opportunity during the Employment Term is one-hundred percent (100%) of Executives Base Salary. Executive is eligible to participate in the ABP for the year in which employment commences; however, Executives Bonus for such year will be prorated on a daily basis beginning on the starting date of the Employment Term.

Annual Bonus from Executive Employment Agreement

This EMPLOYMENT AGREEMENT (Agreement) is made and entered into as of September 10, 2012, by and between AOL INC. (Company), a Delaware Corporation with an address at 770 Broadway, New York, New York 10003, and Arthur Minson (Executive).

Annual Bonus. In addition to Executives Base Salary, Executive will be eligible to participate in Companys Annual Bonus Plan (the ABP), pursuant to its terms as determined by Company from time to time. Pursuant to the ABP, Company will review its overall performance and Executives individual performance and will determine Executives bonus under the ABP, if any (Bonus). Although as a general matter in cases of satisfactory individual performance, Company would expect to pay a Bonus at the target level provided for in the ABP where Company has met target performance with respect to the financial metrics measuring performance for a given year, Company does not commit to paying any Bonus, and Executives Bonus may be negatively affected by the exercise of Companys discretion or by overall Company performance. Although any Bonus (and its amount, if a Bonus is paid) is fully discretionary and subject to the terms of the ABP, Executives target Bonus opportunity during the Employment Term is two-hundred percent (200%) of Executives Base Salary. Execution Copy

Annual Bonus from Executive Employment Agreement

This EMPLOYMENT AGREEMENT (Agreement) is made and entered into as of May 10, 2010, by and between AOL INC. (the Company), a New York Corporation with an address at 770 Broadway, New York, New York 10003, and ALEXANDER GOUNARES (Employee).

Annual Bonus. In addition to Employees Base Salary, Employee will be eligible to participate in the Companys Annual Bonus Plan (ABP), pursuant to its terms as determined by the Company from time to time. Pursuant to the ABP, the Company will review its overall performance and Employees individual performance and will determine Employees bonus under the ABP, if any (Bonus). Although as a general matter in cases of satisfactory individual performance, the Company would expect to pay a Bonus at the target level provided for in the ABP where the Company has met target performance with respect to the financial metrics measuring performance for a given year, the Company does not commit to paying any Bonus, and Employees Bonus may be negatively affected by the exercise of the Companys discretion or by overall Company performance. Although any Bonus (and its amount, if a Bonus is paid) is fully discretionary, Employees target Bonus opportunity each fiscal year during the Employment Term is one-hundred percent (100%) of the Employees Base Salary.