Exhibit 10.3
July 18, 2008
PERSONAL & CONFIDENTIAL
Board of Directors
infoGROUP Inc.
infoGROUP Inc.
Gentlemen:
I hereby make reference to the letter agreement between myself andinfoGROUPInc. (f/k/ainfoUSA Inc.) (the“Company”)dated July 21, 2006, as amended by the letter agreement dated July 20, 2007 (as amended, the“Standstill Agreement”),in which I agreed not to acquire any additional securities of the Company subject to the terms and conditions set forth therein.
I am writing to confirm my agreement to extend the“Covered Period,”as defined in the Standstill Agreement, to include the period from 12:00 a.m. on July 22, 2008 to and including 11:59 p.m. on July 21, 2009. All other terms of the Standstill Agreement remain in effect without modification.
Please return an executed copy of this letter to me to acknowledge your acceptance.
/s/ Vinod Gupta | ||||
Vinod Gupta | ||||
ACCEPTED AND AGREED as of the date first written above:
infoGROUP Inc.
/s/ Bill L. Fairfield | |||||
By: | Bill L. Fairfield | ||||
Its: | Chairman, Board of Directors ofinfoGROUP Inc.(acting on authority of the Board of Directors of the Company) | ||||