UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):December 10, 2015
REACHLOCAL, INC.
(Exact name of Registrant as specified in its charter)
Delaware |
| 001-34749 |
| 20-0498783 |
(State or other jurisdiction of incorporation) |
| (Commission File No.) |
| (I.R.S. Employer Identification No.) |
21700 Oxnard Street, Suite 1600,Woodland Hills, California |
| 91367 |
(Address of principal executive offices) |
| (Zip Code) |
Registrant’s telephone number, including area code:(818) 274-0260
Not Applicable
(Former name or former address if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item1.01 | Entry into a Material Definitive Agreement. |
On December 10, 2015, ReachLocal, Inc. and certain of our affiliates (together, “ReachLocal”) entered into an Amendment to Google AdWords PSP Addendum (the “Amendment”) with Google Inc. and certain of its affiliates (together, “Google”), which amends the Google AdWords PSP Addendum, effective July 1, 2014, between ReachLocal and Google (the “Google Agreement”). The Amendment supersedes the April 1, 2015 Addendum (the “April Addendum”) to the Google Agreement and modifies the terms and conditions of the variable performance bonuses we are eligible to earn for the period from October 1, 2015 to December 31, 2016. The Amendment replaces the April Addendum’s country-by-country growth of spending targets with tiered aggregate global spending targets.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: December 16, 2015 | REACHLOCAL, INC. | |
| By: | /s/ Ross G. Landsbaum |
| Name: | Ross G. Landsbaum |
| Title: | Chief Financial Officer |