Time Inc. Watch

from SC TO-C 26 pages $650,000,000 Series a Preferred Equity Commitment Letter

from SC TO-C 55 pages Project Gotham Commitment Letter

from 10-Q 12 pages Time Inc. 2016 Omnibus Incentive Compensation Plan Performance Stock Units Agreement

from 10-Q 15 pages Time Inc. 2016 Omnibus Incentive Compensation Plan Restricted Stock Units Agreement

from 10-K 2 pages Material contract

from 10-K 14 pages 2. Employment. During the Term of Employment, the Company Will Employ You as Executive Vice President and Chief Financial Officer, or in Additional or Other Capacities at the Company and/or Its Affiliates Without Additional Compensation to You Consistent With Your Senior Position. You Will Have Such Authority, Functions, Duties, Powers and Responsibilities as the Company May Delegate to You. You Will Devote Substantially All of Your Business TIME, Attention, Skill and Efforts to the Performance of Your Duties Hereunder and Will Faithfully and Diligently Serve the Company. You May Manage Your Passive Investments and Be Involved in Charitable, Religious, and Civic Interests So Long as They Do Not Materially Interfere With the Performance of Your Duties Hereunder, and So Long as They Do Not Otherwise Violate the Written Policies of the Company. in Performing Your Duties Hereunder, You Will Comply With All Written Policies and Procedures of the Company. 3. Compensation and Other Remuneration

from 8-K 10 pages Time Inc. Key Management Change in Control Severance Plan

from 10-Q 6 pages 2. Pursuant to Section 5.4 of the Employment Agreement, and Subject to Your Execution of the General Release Attached Hereto as Exhibit “A” and Incorporated by Reference Herein, You Shall Receive a Severance Benefit Equivalent to 18 Months of Base Salary (At the Annual Rate of $850,000) and Average Aip (At the Annual Rate of $707,903), for a Total Cash Severance Payment of $2,336,855, Less Applicable Withholdings and Deductions. Effective the First Day After the Separation Date, You Will Receive Such Severance by Remaining on Company Payroll and Receiving Such Severance in Substantially Equal Bi-Weekly Payments for 18 Months (The “Severance Period”)

from 10-Q 17 pages Time Inc. Inducement Award Plan Non Qualified Stock Option Agreement

from 10-Q 1 page During the Term of Employment, the Company Will Employ You as Chief Operating Officer, With Responsibility for (I) All Digital Operations and Business Development, (II) All Product Development and Engineering, (III) the Foundry Division, and (IV) the Consumer Marketing and Revenue Division. the Company May Employ You in Additional or Other Capacities at the Company and/or Its Affiliates Without Additional Compensation to You Consistent With Your Senior Position. 3. Section 3.1 of the Agreement Is Amended to Change Your Stated Annual Base Salary From $500,000 to $750,000. Such Change in the Rate of Your Base Salary Shall Be Given Effect Starting September 19, 2016. 4. Section 3.2(b) of the Agreement Is Amended to Change Your Annual Long-Term Target Incentive Value From $400,000 to $500,000. Such Change Shall Be Effective With Respect to the Annual Long-Term Incentive Awards That Will Be Granted Starting in 2017. 5. Section 5.4 of the Agreement Is Amended to Change the Severance Period From 12 Months to 18 Months. 6. Except as Otherwise Expressly Provided Herein, the Agreement Shall Continue in Full Force and Effect. if the Foregoing Correctly Sets Forth the Understanding Between You and the Company, Please Sign and Date Below and Return This Agreement to the Company. Time Inc.: Confirmed and Agreed: By: _/S/_ Greg Giangrande __/S/ Jennifer Wong Greg Giangrande, Evp & Chief Jennifer Wong Resources Officer

from 10-Q 16 pages 1. Term of Employment. Except for Earlier Termination as Provided in Section 5 Hereof, the Term of Employment Under This Agreement (“Term of Employment”) Will Commence on the First Day of Your Employment With the Company, Which Shall Be No Later Than January 19, 2015 (“Effective Date”) and Will Continue Thereafter Until March 31, 2018. Your Employment With the Company Upon the Expiration of This Agreement Shall Be At-Will if No New or Amended Employment Agreement Is in Place Between the Parties at That Time

from 10-Q 18 pages Time Inc. 2016 Omnibus Incentive Compensation Plan Non Qualified Stock Option Agreement

from 10-Q 16 pages Time Inc. 2016 Omnibus Incentive Compensation Plan Performance Stock Units Agreement

from 10-Q 18 pages Time Inc. 2016 Omnibus Incentive Compensation Plan Restricted Stock Units Agreement

from 10-Q 19 pages 1.term of Employment. Except for Earlier Termination as Provided in Section 5 Hereof, the Term of Employment Under This Agreement ("Term of Employment") Will Commence on September 13, 2016 ("Effective Date") and Will Continue Thereafter Until September 30, 2019. Your Employment With the Company Upon the Expiration of This Agreement Shall Be At-Will if No New or Amended Employment Agreement Is in Place Between the Parties at That Time

from 10-Q 4 pages September 7, 2016 • Your Annual Base Salary Will Be Increased to Be $1,200,000, Effective Upon Signing the Definitive Employment Agreement. • You Will Be Eligible to Participate in the Company’s Annual Incentive Bonus Plan, With a Target Bonus Opportunity of 150% of Base Salary. Bonus Payments Will Be Subject to the Terms of Our Annual Bonus Plan, Except as Expressly Set Forth Herein

from 10-Q 2 pages Material contract

from 10-Q 10 pages Time Inc. 2016 Omnibus Incentive Compensation Plan Non Qualified Stock Option Agreement

from 10-Q 17 pages Time Inc. 2016 Omnibus Incentive Compensation Plan Performance Stock Units Agreement

from 10-Q ~20 pages Time Inc. 2016 Omnibus Incentive Compensation Plan Restricted Stock Units Agreement