THIS EMPLOYMENT AGREEMENT (“Agreement”) is entered into by and between Gregory
R. Blatt (“Executive”) and IAC/InterActiveCorp, a Delaware corporation (the “Company”), and is effective
November 21, 2006 (the “Effective Date”).
WHEREAS, the Company desires to establish its right to the services of Executive, in the
capacity described below, on the terms and conditions hereinafter set forth, and Executive is willing to accept
such employment on such terms and conditions.
NOW, THEREFORE, in consideration of the mutual agreements hereinafter set forth, Executive
and the Company have agreed and do hereby agree as follows:
1A. EMPLOYMENT . During the Term (as defined below), the Company shall employ Executive, and
Executive shall be employed, as Executive Vice President, General Counsel & Secretary. During Executive’s
employment with the Company, Executive shall do and perform all services and acts necessary or advisable to
fulfill the duties and responsibilities as are commensurate and consistent with Executive’s position and shall render
such services on the terms set forth herein. During Executive’s employment with the Company, Executive shall
report directly to the Chief Executive Officer of the Company, and any successor to such person, and/or the Vice
Chairman of the Company as of the Effective Date (hereinafter referred to as the “Reporting Officer”). Executive
shall have such powers and duties with respect to the Company as may reasonably be assigned to Executive by
the Reporting Officer, to the extent consistent with Executive’s position. Executive agrees to devote all of
Executive’s working time, attention and efforts to the Company and to perform the duties of Executive’s position
in accordance with the Company’s policies as in effect from time to time. Executive’s principal place of
employment shall be the Company’s offices located in New York, New York.
2A. TERM . This Agreement shall commence on the