Item 1.01 Entry into a Material Definitive Agreement
The Note was previously approved by all of the independent members of the Company's Board of Directors, none of whom has a direct or indirect interest in the promissory note or the note modification agreement.
The description of the transactions described in this Item 1.01 does not purport to be complete and is qualified in its entirety by the terms of the Note Modification Agreement.
The disclosure provided under Item 1.01 above is hereby incorporated by reference.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits Exhibit No. Description 10.68 Note Modification Agreement dated as of
May 19, 2014, by and among Mediabistro Inc., Mediabistro.com Subsidiary Inc., Inside Network, Inc.and Alan M. Meckler.