Business Context and Reporting Period
Company: Marchex, Inc.
Filing Type: Form 8-K (Current Report)
Date of Report: January 6, 2010
Event Date: January 6, 2010 (Effective December 31, 2009)
Marchex, Inc. reported the entry into a material definitive agreement involving an amendment to an existing advertiser insertion order.
Key Financial Metrics
This filing does not provide specific financial metrics such as revenue, profit, cash flow, margins, debt, or liquidity figures. The document focuses solely on the terms of a contractual amendment.
Material Changes
On January 6, 2010, the Company entered into Amendment No. 4 to the Advertiser Insertion Order dated July 1, 2007, involving MDNH, Inc. and Intellius Sales Company, LLC. Key changes include:
- Extension: The maturity of the Agreement was extended through March 31, 2010.
- Financial Terms: Certain financial terms were amended (specific details not disclosed in this summary).
- Effective Date: The amendment is effective as of December 31, 2009.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, or specific risk factors beyond the standard qualification that the summary is subject to the full text of the Amendment. The full text of the Amendment is to be filed as an exhibit to the Company's next applicable periodic report or registration statement.
Investor Verification Checklist
- Verify the specific financial terms amended in Amendment No. 4 by reviewing the exhibit in the next periodic report.
- Confirm the impact of the extended maturity date (March 31, 2010) on the Company's future cash flow obligations.
- Review the relationship and performance history with MDNH, Inc. and Intellius Sales Company, LLC.