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                                                                                                    Mike Voucas
                                                                                  612 Wheelers Farms Rd. 3rd Flr
                                                                                              Milford, CT 06461

                                                                                                   516-730-1803
  February 7, 2013


  Ryan Hollembaek
  202 Main St.
  West Haven, CT 06516


  RE:      Presidents Club 2012


  Dear Ryan,

  As 2012 quickly fades away and we move further into what promises to be an exciting 2013, I
  would like to take a moment to thank you for the tremendous effort you put forth in 2012 in many
  areas.

  This past year was a particularly challenging year with the volume of change and new products to
  incorporate into the sales call. You found a way to get it done!

  As a result of your efforts you have earned the recognition of being a Presidents Club winner for
  2012 which places you among the top 10% of our US sales organization. This is a tremendous
  accomplishment and recognition of your contribution to our success.

  Thank you so much for your daily efforts and consistent high level of performance. I am sure that
  2013 will only build on your previous successes and make for an even larger earnings and growth
  year for you!

  I am very proud of you!

;;;;_ard         tocelebrating
                             youraeeomPliSh'4:                youinCaneun!




 Mike Voucas
 Vice President-Sales
                                             WJ1,1/ 4fo/
                                                 ,t7?-;(J7 llAL..{}/,_
                                                                         44"~~
Rresident.s club 2012
                                                                                                   eb··
                                                                                                  hI U·
         2201 Rel7aissal7ce Boulevard
         King of Prussia, PA 19406                                                                    Jim McCusker
         610-731-2551                                                                                 President, U.S.
         610-731-2659 (fax)
                                                                                                    Jim.McCusker@hibu.com

        Ryan Hollembaek
        202 Main St
        West Haven, CT 06516


        Congratulations!
       -Vou-are recognized-and-saluted                  as-e-tep-perfermer+vou've-wen               hibu~s-t-ep,--
        sales honor, the prestigious President's Club Award!

        First, I want to take this opportunity    to thank you for your hard work, dedication, leadership and
        inspiration. You are invited to celebrate your outstanding achievement with your fellow award winners
        in Cancun, Mexico from Thursday, April 25, 2013 to Sunday, April 28, 2013.

        The past year has seen tremendous change at our company, including global reorganization,            the
        introduction of new and innovative products and the launch of our new brand, hibu.

        As a company we've had many noteworthy           accomplishments,   including:
            •   The successful introduction      and launch of magazines
            •   Over 10% increase in average new order
            •   Close to 3% improvement       in client retention
            •   Double digit growth in our SEM/SEO business
            •   Introduction    of our new telephone "partner"      model

- _~   ~Your performance and cornrnttment.to.excellence has.helped ignite and fuel oULevolution in this rapidly-
        changing marketplace. The senior leadership team appreciates your courage to adopt, embrace and
        lead in our new environment.

        Our sales team has remained strong, as we adapt to new conditions and meet every challenge.

        Please join me to celebrate this great accomplishment        at the Paradisus Cancun Resort in Cancun,
        Mexico. Looking forward to thanking you in person.

        Charge On!
yellowb'ook 360                               ~         ~                :t
                                                                             tI ~~ III ~ 1..
L
        PRESIDENT'S CLUB 2011
       March 2012

       Ryan Hollembaek
       202 Main Street
       West Haven, CT 6516


       Congratulations          on winning the highly coveted 2011 President's Club Award!

       This past year was a pivotal one in our journey to transform Yellowbook.             I'm so proud of the way our team has
       responded to today's market opportunities        and challenges. A-:,a company, we've made significant strides
       particularly   with our digital initiatives. A few noteworthy     accomplishments:

       TOGETHER, WE'VE ...

           •    Sold and hosted close to 250,000 websites
           •    Achieved major revenue gains in SEM/SEO
           •    Successfully launched direct mail across the U.S.
           •    Improved client retention close to 2%
           •    Increased our average new sale approximately           33%
           •    Implemented      close to 200,000 Lead Tracker phone lines
               ,
       And, 75% of our print directories now have a local identity (photo) on the front cover.

       Your performance      and commitment     to excellence has helped ignite and fuel our evolution      in this rapidly
       changing marketplace. The senior leadership team appreciates your courage to adopt, embrace and lead in our
       new environment.

       Yellowbook's     President's Club program has a rich tradition     of recognizing and rewarding top achievers. Thank
_ __   you for your devotion to meeting and exceeding company objectives. You are recognized as a sales leader
       throughout     the Yellowbook organization.

       Please join me to celebrate this great accomplishment           in Las Vegas, Nevada at the Mandalay Bay Resort from
       Thursday May 10, 2012 to Sunday May 13, 2012.

       Can't wait to thank you in person!

       Charge On!!
yellow book 360                            ~        ~        tI ~"It III • 1..
  PRESIDENT'S CLUB 2010
 February 16, 2011


Ryan Hollembaek
202 Main St
West Haven, CT 06516


 Dear Ryan,


Congratulations         on winning the prestigious 2010 Presidents Club Award!

Despite   lingering economic challenges in 2010, there was clearevidence       that small-business confidence
was moving in the right direction.    You acted as a catalyst to help improve the business of your clients. In
fact, you are part of how our national economy is recovering from the great recession.

Our value proposition    has expanded dramatically    - website hosting, web videos, reputation
management, SEM/SEO education, the immediacy of direct mail or the presence and stability of the
print product.   By addressing the fragmentation,    the multiple ways in which Yellowbook can generate
leads is at an all time high. Your success is a testament to your ability to skillfully use all of the tools in
your Yellowbook360      toolbox.

Yellowbook's President's Club program has a rich tradition      of recognizing and rewarding overachievers.
You have achieved the celebrated President's Club Platinum Award which recognizes the top echelon of
our sales performers throughout      the Yellowbook organization.

As a President's Club Platinum winner you are entitled to receive $2,000 to use at your discretion, along
with 3 pre-approved     vacation days. In addition you will also receive a gift award and have your business
cards embossed with the President's Club logo.

Thank you for a great year!
                                                      -   -- --------


Joe Walsh

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Ryan President's Club 2010, 2011, 2012

  • 1. ·b·· hI u~ Mike Voucas 612 Wheelers Farms Rd. 3rd Flr Milford, CT 06461 516-730-1803 February 7, 2013 Ryan Hollembaek 202 Main St. West Haven, CT 06516 RE: Presidents Club 2012 Dear Ryan, As 2012 quickly fades away and we move further into what promises to be an exciting 2013, I would like to take a moment to thank you for the tremendous effort you put forth in 2012 in many areas. This past year was a particularly challenging year with the volume of change and new products to incorporate into the sales call. You found a way to get it done! As a result of your efforts you have earned the recognition of being a Presidents Club winner for 2012 which places you among the top 10% of our US sales organization. This is a tremendous accomplishment and recognition of your contribution to our success. Thank you so much for your daily efforts and consistent high level of performance. I am sure that 2013 will only build on your previous successes and make for an even larger earnings and growth year for you! I am very proud of you! ;;;;_ard tocelebrating youraeeomPliSh'4: youinCaneun! Mike Voucas Vice President-Sales WJ1,1/ 4fo/ ,t7?-;(J7 llAL..{}/,_ 44"~~
  • 2. Rresident.s club 2012 eb·· hI U· 2201 Rel7aissal7ce Boulevard King of Prussia, PA 19406 Jim McCusker 610-731-2551 President, U.S. 610-731-2659 (fax) Jim.McCusker@hibu.com Ryan Hollembaek 202 Main St West Haven, CT 06516 Congratulations! -Vou-are recognized-and-saluted as-e-tep-perfermer+vou've-wen hibu~s-t-ep,-- sales honor, the prestigious President's Club Award! First, I want to take this opportunity to thank you for your hard work, dedication, leadership and inspiration. You are invited to celebrate your outstanding achievement with your fellow award winners in Cancun, Mexico from Thursday, April 25, 2013 to Sunday, April 28, 2013. The past year has seen tremendous change at our company, including global reorganization, the introduction of new and innovative products and the launch of our new brand, hibu. As a company we've had many noteworthy accomplishments, including: • The successful introduction and launch of magazines • Over 10% increase in average new order • Close to 3% improvement in client retention • Double digit growth in our SEM/SEO business • Introduction of our new telephone "partner" model - _~ ~Your performance and cornrnttment.to.excellence has.helped ignite and fuel oULevolution in this rapidly- changing marketplace. The senior leadership team appreciates your courage to adopt, embrace and lead in our new environment. Our sales team has remained strong, as we adapt to new conditions and meet every challenge. Please join me to celebrate this great accomplishment at the Paradisus Cancun Resort in Cancun, Mexico. Looking forward to thanking you in person. Charge On!
  • 3. yellowb'ook 360 ~ ~ :t tI ~~ III ~ 1.. L PRESIDENT'S CLUB 2011 March 2012 Ryan Hollembaek 202 Main Street West Haven, CT 6516 Congratulations on winning the highly coveted 2011 President's Club Award! This past year was a pivotal one in our journey to transform Yellowbook. I'm so proud of the way our team has responded to today's market opportunities and challenges. A-:,a company, we've made significant strides particularly with our digital initiatives. A few noteworthy accomplishments: TOGETHER, WE'VE ... • Sold and hosted close to 250,000 websites • Achieved major revenue gains in SEM/SEO • Successfully launched direct mail across the U.S. • Improved client retention close to 2% • Increased our average new sale approximately 33% • Implemented close to 200,000 Lead Tracker phone lines , And, 75% of our print directories now have a local identity (photo) on the front cover. Your performance and commitment to excellence has helped ignite and fuel our evolution in this rapidly changing marketplace. The senior leadership team appreciates your courage to adopt, embrace and lead in our new environment. Yellowbook's President's Club program has a rich tradition of recognizing and rewarding top achievers. Thank _ __ you for your devotion to meeting and exceeding company objectives. You are recognized as a sales leader throughout the Yellowbook organization. Please join me to celebrate this great accomplishment in Las Vegas, Nevada at the Mandalay Bay Resort from Thursday May 10, 2012 to Sunday May 13, 2012. Can't wait to thank you in person! Charge On!!
  • 4. yellow book 360 ~ ~ tI ~"It III • 1.. PRESIDENT'S CLUB 2010 February 16, 2011 Ryan Hollembaek 202 Main St West Haven, CT 06516 Dear Ryan, Congratulations on winning the prestigious 2010 Presidents Club Award! Despite lingering economic challenges in 2010, there was clearevidence that small-business confidence was moving in the right direction. You acted as a catalyst to help improve the business of your clients. In fact, you are part of how our national economy is recovering from the great recession. Our value proposition has expanded dramatically - website hosting, web videos, reputation management, SEM/SEO education, the immediacy of direct mail or the presence and stability of the print product. By addressing the fragmentation, the multiple ways in which Yellowbook can generate leads is at an all time high. Your success is a testament to your ability to skillfully use all of the tools in your Yellowbook360 toolbox. Yellowbook's President's Club program has a rich tradition of recognizing and rewarding overachievers. You have achieved the celebrated President's Club Platinum Award which recognizes the top echelon of our sales performers throughout the Yellowbook organization. As a President's Club Platinum winner you are entitled to receive $2,000 to use at your discretion, along with 3 pre-approved vacation days. In addition you will also receive a gift award and have your business cards embossed with the President's Club logo. Thank you for a great year! - -- -------- Joe Walsh