Classmates.com 2010 Annual Report Download - page 147

Table of Contents
UNITED ONLINE, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
14. COMMITMENTS AND CONTINGENCIES (Continued)
consolidated balance sheets at December 31, 2010 and 2009, respectively. Commitments under letters of credit at December 31, 2010 were
scheduled to expire as follows (in thousands):
Debt Obligations
Debt obligations, including interest, at December 31, 2010 were as follows:
Other Long-Term Liabilities
Other long-term liabilities at December 31, 2010 were as follows:
Other Commitments
In the ordinary course of business, the Company may provide indemnifications of varying scope and terms to customers, vendors, lessors,
sureties and insurance companies, business partners, and other parties with respect to certain matters, including, but not limited to, losses arising
out of the Company's breach of such agreements, services to be provided by the Company, or from intellectual property infringement claims
made by third parties. In addition, the Company has entered into indemnification agreements with its directors and certain of its officers and
employees that will require the Company, among other things, to indemnify them against certain liabilities that may arise by reason of their
status or service as directors, officers or employees. The Company has also agreed to indemnify certain former officers, directors and employees
of acquired companies in connection with the acquisition of such companies. The Company maintains director and officer insurance, which may
cover certain liabilities arising from its obligation to indemnify its directors and certain of its officers and employees, and former officers,
directors and employees of acquired companies, in certain circumstances.
It is not possible to determine the maximum potential amount of exposure under these indemnification agreements due to the limited history
of prior indemnification claims and the unique facts and circumstances involved in each particular agreement. Such indemnification agreements
may not be subject to maximum loss clauses.
F-41
Year Ending December 31,
Total 2011 2012 2013
Letters of credit
$
1,594
$
1,336
$
16
$
242
Year Ending December 31,
Total
2011
2012
2013
2014
Debt,
including
interest
$
332,197
$
17,809
$
28,558
$
63,486
$
222,344
Year Ending December 31,
Total 2011 2012 2013 2014 2015 Thereafter
Other long
-
term liabilities
$
3,372
$
268
$
135
$
1,955
$
131
$
130
$
753