the first anniversary of the first day Uses in Signing Payment Clause

Signing Payment 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).

Signing Payment. Upon this Agreement becoming effective and Executive commencing employment with Company, Executive is eligible to receive a payment of $500,000, less applicable withholdings, to be paid the second payroll period following the first day of the Employment Term. If Executive resigns without Good Reason or is terminated for Cause (each as defined below) on or before the first anniversary of the first day of the Employment Term, Executive agrees that he will repay the entire after-tax amount of the payment required by this paragraph to Company within thirty (30) days of Executives resignation or termination for Cause. If Executive resigns without Good Reason or is terminated for Cause after the first anniversary of his employment commencement date but on Execution Copy or before the second anniversary of his employment commencement date, Executive agrees that he will repay fifty percent (50%) of the after-tax amount of the payment required by this paragraph to Company within thirty (30) days of the effective date of Executives resignation or termination for Cause.

Signing Payment from Executive Employment Agreement

This EMPLOYMENT AGREEMENT (Agreement) is made and entered into as of September 19, 2012, by and between AOL INC. (Company), a Delaware Corporation with an address at 770 Broadway, New York, New York 10003, and Karen E. Dykstra (Executive).

Signing Payment. In order to compensate Executive for forfeiture of certain equity awards as a result of her resignation as a member of certain Boards and other transition expenses, and upon this Agreement becoming effective and Executive commencing employment with Company, Executive shall receive a payment of $200,000, less applicable withholdings, to be paid the second payroll period following the first day of the Employment Term. If Executive resigns or is terminated for Cause (defined below) on or before the first anniversary of the first day of the Employment Term, Executive agrees that she will repay the entire after-tax amount of the payment required by this paragraph to Company within 30 days of Executives resignation or termination for Cause. If Executive resigns or is terminated for Cause after the first anniversary of her employment commencement date but on or before the second anniversary of her employment commencement date, Executive agrees that she will repay fifty percent (50%) of the after-tax amount of the payment required by this paragraph to Company within 30 days of the effective date of Executives resignation or termination for Cause.