Company says material terms are “substantially similar” to the prior agreement.
Rightside, parent company of eNom and domain parking platform HotKeys, has signed a new domain name parking agreement with Google.
In an SEC filing, the company stated that the agreement is similar to the one it replaces:
In general, the material terms of the Agreement are substantially similar to the Prior Agreement, including compliance with Google’s policies, maintenance of service obligations and mutual indemnification provisions. Unlike the Prior Agreement, this Agreement no longer includes Google’s Websearch service. The other changes in the Agreement consist of revisions to Google’s form of service agreement, minor changes to the legal terms of the Agreement, and updates to reflect changes in the relationship between Rightside and Google since the Prior Agreement was executed with Demand Media in 2012. The Agreement has a term of two years and contains customary termination provisions.
Websearch was a requirement in previous contracts. It required parking companies to include organic Google search results on some parked pages; this is no longer a requirement.
As for the material terms, my understanding is that all Google parking partners are now (or will be shortly) on identical contracts, including revenue shares. For some companies that might be a big rev share drop, for others it might be an increase or about the same.
You may view Rightside’s previous agreement with Google (with all the juicy details redacted) in this document.