DOC 7

COLLATERAL PLEDGE AGREEMENT

Dated: September 30, 20..

DEBTOR: Coupons.com Incorporated (the "Debtor")

SECURED PARTY: Wells Fargo Bank, National Association (the "Secured Party")

1. Security Interest and Collateral.

To secure the payment and performance in accordance with the terms and conditions of the Loan Documents
(defined below) of the Obligations (defined below) which Debtor may now or at any time hereafter owe to the
Secured Party, the Debtor hereby grants the Secured Party a security interest (herein called the "Security Interest")
in the following property (collectively, the "Collateral"):
(i) the issued and outstanding capital stock, equity securities, membership interests or units, and ownership
interests, and rights issued or granted in connection with the foregoing, of Coupons.com Holdings (BVI) Limited and
Coupons.com Limited (each, a "Pledgee", and together, the "Pledgees") that are now or hereafter owned or held of
record or beneficially by Debtor, and the certificates representing such shares, securities and/or interests;
(ii) all other capital stock, equity securities, warrants, options, membership interests and units, and ownership
interests, and rights issued or granted in connection with the foregoing, issued by such Person now or hereafter
owned or held of record or beneficially by Debtor at any time (and the certificates or other documents or instruments
representing such shares, securities and/or other interests);
(iii) all rights associated with anything of the foregoing (including any rights under any shareholders agreements,
investor rights agreements, registration rights agreements, and similar agreements); and
(iv) any and all replacements, products and proceeds of, and dividends, distributions in property or securities,
returns of capital or other distributions made on or with respect to, any of the foregoing. Notwithstanding the
foregoing or any other provision herein or any other provisions in any other Loan Document to the contrary,
"Collateral" shall not include voting equity interests of any CFC, solely to the extent that such equity interests
represents more than 65% of the outstanding voting equity interests of such CFC, or if a pledge of such voting
equity interests of such CFC otherwise causes negative tax implications to Debtor. For purposes of this paragraph,
"CFC" means a controlled foreign corporation (as that term is defined in the U.S. Internal Revenue Code of 1986,
as amended).
"Loan Documents" shall mean the "Loan Documents" as defined in the Credit Agreement.

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"Obligations" shall mean, collectively, all "Obligations" as defined in the Credit Agreement.

2. Representations, Warranties and Covenants.

The Debtor represents, warrants and covenants that:
2.1 Exhibit A attached hereto completely and accurately identifies, as of the date hereof, (i) the number of issued
and outstanding equity interests of each Pledgee held by the Debtor and (ii) the percentage of the Debtor's
ownership of the aggregate issued and outstanding equity interests of each such Pledgee.

2.2 The Debtor will duly endorse, in blank, each and every instrument constituting Collateral by signing on said
instrument or by signing a separate document of assignment or transfer, if requested by the Secured Party. The
Debtor represents and warrants that all actions reasonably necessary or desirable to perfect and establish the first
priority of, or otherwise protect, Secured Party's Security Interest in the Collateral, and the proceeds thereof, have
been or will be duly taken, upon (A) the execution and delivery of this Agreement; (B) the taking of possession by
Secured Party (or its agent or designee) of any certificates representing the Collateral, together with undated powers
(or other documents of transfer reasonably acceptable to Secured Party) endorsed in blank by Debtor; and (C) the
filing of financing statements in the State of Delaware and the delivery of an Issuer's Acknowledgment in the form
of Exhibit B with respect to the Collateral that are not represented by certificates. The Debtor has delivered to (and
with respect to any certificates acquired after the date of this Agreement, will deliver to) Secured Party all certificates
representing the Collateral owned by Debtor to the extent such Collateral is represented by certificates, and undated
powers (or other documents of transfer reasonably acceptable to Secured Party) endorsed in blank with respect to
such certificates. None of the Collateral owned or held by Debtor has been issued or transferred in violation of any
securities registration, securities disclosure, or similar laws of any jurisdiction to which such issuance or transfer
may be subject.

2.3 The Debtor is the owner of the Collateral free and clear of all liens, encumbrances and security interests, except
the Security Interest and any restrictive legend appearing on any instrument constituting Collateral and liens for
taxes not yet delinquent or that are being contested in good faith and provided the Debtor has established adequate
reserves in accordance with GAAP.

2.4 The Debtor will keep the Collateral free and clear of all liens, encumbrances and security interests, except the
Security Interest and any restrictive legend appearing on any instrument constituting Collateral and any tax liens
not yet delinquent or that are being contested in good faith and provided the Debtor has established adequate
reserves in accordance with GAAP.

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2.5 Subject to Section 6.5 of the Credit Agreement, the Debtor will pay, when due, all taxes and other governmental
charges levied or assessed upon or against any Collateral, except to the extent any of such taxes or charges are
being contested in good faith and adequate reserves have been established in accordance with GAAP.

2.6 At any time, upon request by the Secured Party, the Debtor will deliver to the Secured Party all notices, financial
statements, reports or other communications received by the Debtor as an owner or holder of the Collateral.

2.7 The Debtor will upon receipt deliver to the Secured Party in pledge as additional Collateral all securities
distributed on account of the Collateral such as stock dividends and securities resulting from stock splits,
reorganizations and recapitalizations.

3. Rights of the Secured Party. The Debtor agrees that the Secured Party may at any time, upon the occurrence
and during the continuance of an Event of Default and without notice or demand of any kind, (i) notify the obligor
on or issuer of any Collateral to make payment to the Secured Party of any amounts due or distributable thereon;
(ii) in the Debtor's name or the Secured Party's name enforce collection of any Collateral by suit or otherwise, or
surrender, release or exchange all or any part of it, or compromise, extend or renew for any period any obligation
evidenced by the Collateral; (iii) receive all proceeds of the Collateral; and (iv) hold any increase or profits received
from the Collateral as additional security for the Obligations, except that any money received from the Collateral
shall, at the Secured Party's option, be applied in reduction of the Obligations, in such order of application as the
Secured Party may determine, or be remitted to the Debtor.

4. Reserved.

5. Remedies upon Event of Default. Upon the occurrence and during the continuance of an Event of Default (as
defined in that certain Credit and Security Agreement, dated as of the date hereof, between Debtor and Secured
Party (as amended from time to time, the "Credit Agreement"), the Secured Party may exercise any one or more of
the following rights or remedies: (i) subject to Section 10 of the Credit Agreement, declare all unmatured Obligations
to be immediately due and payable, and the same shall thereupon be immediately due and payable, without
presentment or other notice or demand; (ii) exercise all voting and other rights as a holder of the Collateral; (iii)
exercise and enforce any or all rights and remedies available upon default to a secured party under the Uniform
Commercial Code as in effect from time to time in the State of California, including the right to offer and sell the
Collateral privately to purchasers who will agree to take the Collateral for investment and not with a view to
distribution and who will agree to the imposition of restrictive legends on the certificates representing the Collateral,
and the right to arrange for a sale which would otherwise qualify as exempt from registration under the Securities

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Act of 1933; and if notice to the Debtor of any intended disposition of the Collateral or any other intended action is
required by law in a particular instance, such notice shall be deemed commercially reasonable if given at least 10
calendar days prior to the date of intended disposition or other action; and/or (iv) exercise any or all other rights or
remedies available under the Credit Agreement.

6. Miscellaneous. Any disposition of the Collateral in the manner provided in Section 5 shall be deemed
commercially reasonable to the extent permitted by applicable law. This Agreement can be waived, modified,
terminated or discharged, only explicitly in a writing signed by the Secured Party, and amended only explicitly in a
writing signed by the Secured Party and Debtor. A waiver signed by the Secured Party shall be effective only in the
specific instance and for the specific purpose given. Mere delay or failure to act shall not preclude the exercise or
enforcement of any of the Secured Party's rights or remedies. All rights and remedies of the Secured Party shall be
cumulative and may be exercised singularly or concurrently, at the Secured Party's option, and the exercise or
enforcement of any one such right or remedy shall neither be a condition to nor bar the exercise or enforcement of
any other. All notices to be given to the Debtor shall be deemed sufficiently given if delivered in accordance with
Section 12 of the Credit Agreement. All requests under Section 9-210 of the Uniform Commercial Code (i) shall be
made in a writing signed by a person duly authorized by Debtor, (ii) shall be personally delivered, sent by registered
or certified mail, return receipt requested, or by overnight courier of national reputation, (iii) shall be deemed to be
sent when received by the Secured Party, and (iv) shall otherwise comply with the requirements of Section 9-210.
The Debtor requests that the Secured Party respond to all such requests which on their face appear to come from
an authorized individual and releases the Secured Party from any liability for so responding. The Debtor shall pay
Secured Party the maximum amount allowed by Section 9-210 for responding to such requests. The Secured
Party's duty of care with respect to Collateral in its possession (as imposed by law) shall be deemed fulfilled if the
Secured Party exercises reasonable care in physically safekeeping such Collateral or, in the case of Collateral in
the custody or possession of a bailee or other third person, exercises reasonable care in the selection of the bailee
or other third person, and the Secured Party need not otherwise preserve, protect, insure or care for any Collateral.
The Secured Party shall not be obligated to preserve any rights the Debtor may have against prior parties, to
exercise at all or in any particular manner any voting rights which may be available with respect to any Collateral,
to realize on the Collateral at all or in any particular manner or order, or to apply any cash proceeds of Collateral in
any particular order of application. The Debtor will reimburse the Secured Party for all expenses (including
reasonable attorneys' fees and legal expenses) incurred by the Secured Party in the protection, defense or
enforcement of the Security Interest, including expenses incurred in any litigation or bankruptcy or insolvency
proceedings. This Agreement shall be binding upon and inure to the benefit of the Debtor and the Secured Party
and their respective heirs, representatives, successors and assigns and shall take effect when signed by the Debtor
and delivered to the Secured Party, and the Debtor waives notice of the Secured Party's acceptance hereof. If any

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provision or application of this Agreement is held unlawful or unenforceable in any respect, such illegality or
unenforceability shall not affect other provisions or applications which can be given effect, and this Agreement shall
be construed as if the unlawful or unenforceable provision or application had never been contained herein or
prescribed hereby. All representations and warranties contained in this Agreement shall survive the execution,
delivery and performance of this Agreement and the creation of the Obligations. If this Agreement is signed by more
than one person as the Debtor, the term "Debtor" shall refer to each of them separately and to both or all of them
jointly; all such persons shall be bound both severally and jointly with the other(s); and the Obligations shall include
all debts, liabilities and obligations owed to the Secured Party by any Debtor solely or by both or several or all
Debtors jointly or jointly and severally, and all property described in Section 1 shall be included as part of the
Collateral, whether it is owned jointly by both or all Debtors or is owned in whole or in part by one (or more) of them.
Unless the context otherwise requires, all terms used herein which are defined in Articles 1 and 9 of the Uniform
Commercial Code, as in effect in California, shall have the meanings therein stated.

7. Choice of law and venue; jury trial waiver; arbitration.

7.1 The validity of this agreement, the construction, interpretation, and enforcement hereof, and the rights of the
parties hereto with respect to all matters arising hereunder or related hereto as well as all claims, controversies or
disputes arising under or related to this agreement shall be determined under, governed by, and construed in
accordance with the laws of the state of California.

7.2 The parties agree that all actions or proceedings arising in connection with this agreement may be tried and
litigated in the state and, to the extent permitted by applicable law, federal courts located in the county of Los
Angeles, state of California; provided, that any suit seeking enforcement against any collateral or other property
may be brought, at secured party's option, in the courts of any jurisdiction where secured party elects to bring such
action or where such collateral or other property may be found. Debtor and secured party waive, to the extent
permitted under applicable law, any right each may have to assert the doctrine of forum non conveniens or to object
to venue to the extent any proceeding is brought in accordance with this section 7.2.

7.3 To the maximum extent permitted by applicable law, debtor and secured party hereby waive their respective
rights, if any, to a jury trial of any claim, controversy, dispute, or cause of action directly or indirectly based upon or
arising out of this agreement or any of the transactions contemplated herein, including contract claims, tort claims,
breach of duty claims, and all other common law or statutory claims (each, a "claim"). Debtor and secured party
represent that each has reviewed this waiver and each knowingly and voluntarily waives its jury trial rights following
consultation with legal counsel. In the event of litigation, a copy of this agreement may be filed as a written consent
to a trial by the court.

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7.4 No claim may be made by debtor against secured party, or any affiliate, director, officer, employee, counsel,
representative, agent, or attorney-in-fact of any of them for any special, indirect, consequential, or punitive damages
in respect of any claim for breach of contract or any other theory of liability arising out of or related to the transactions
contemplated by this agreement, or any act, omission, or event occurring in connection herewith, and debtor hereby
waives, releases, and agrees not to sue upon any Claim for such damages, whether or not accrued and whether or
not known or suspected to exist in its favor.

7.5 The parties hereto agree, upon demand by any party, whether made before the institution of a judicial
proceeding or not more than 60 days after service of a complaint, third party complaint, cross-claim, counterclaim
or any answer thereto or any amendment to any of the above to submit to binding arbitration all claims, disputes
and controversies between or among them (and their respective employees, officers, directors, attorneys, and other
agents), whether in tort, contract or otherwise arising out of or relating to in any way this agreement, and the
negotiation, execution, administration, repayment, modification, extension, substitution, formation, inducement,
enforcement, default or termination of this agreement.

7.6 Any arbitration proceeding will (i) proceed in a location in Los Angeles county, California selected by the
American arbitration association ("AAA"); (ii) be governed by the federal arbitration act (title 9 of the United States
Code); and (iii) be conducted by the AAA, or such other administrator as the parties shall mutually agree upon, in
accordance with the AAA's commercial dispute resolution procedures, unless the claim or counterclaim is at least
$1,000,000.00 exclusive of claimed interest, arbitration fees and costs in which case the arbitration shall be
conducted in accordance with the AAA's optional procedures for large, complex commercial disputes (the
commercial dispute resolution procedures or the optional procedures for large, complex commercial disputes to be
referred to herein, as applicable, as the "rules"). If there is any inconsistency between the terms hereof and the
rules, the terms and procedures set forth herein shall control. Any party who fails or refuses to submit to arbitration
following a demand by any other party shall bear all costs and expenses incurred by such other party in compelling
arbitration of any dispute. Nothing contained herein shall be deemed to be a waiver by any party that is a bank of
the protections afforded to it under 12 U.S.C. §91 or any similar applicable state law.

7.7 The arbitration requirement does not limit the right of any party before, during or after the pendency of any
arbitration proceeding to (i) foreclose against real or personal property collateral; (ii) exercise self-help remedies
relating to collateral or proceeds of collateral such as setoff or repossession; or (iii) obtain provisional or ancillary
remedies such as replevin, writ of possession, injunctive relief, attachment, garnishment or the appointment of a
receiver. This exclusion does not constitute a Waiver of the right or obligation of any party to submit any dispute to

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arbitration or reference hereunder, including those arising from the exercise of the actions detailed in sections (i),
(ii) and (iii) of this paragraph.

7.8 Any arbitration proceeding in which the amount in controversy is $5,000,000.00 or less will be decided by a
single arbitrator selected according to the rules, and who shall not render an award of greater than $5,000,000.00.
Any dispute in which the amount in controversy exceeds $5,000,000.00 shall be decided by majority vote of a panel
of three arbitrators; provided however, that all three arbitrators must actively participate in all hearings and
deliberations, except that a single arbitrator may decide pre-hearing discovery disputes. The arbitrator(s) will be a
neutral attorney licensed in the state of California or a neutral retired judge of the state or federal judiciary of
California, in either case with a minimum of ten years experience in the substantive law applicable to the subject
matter of the dispute to be arbitrated. The arbitrator(s) will determine whether or not an issue is arbitrable and will
give effect to the statutes of limitation or repose in determining any claim. In any arbitration proceeding the
arbitrator(s) will decide (by documents only or with a hearing at the arbitrator's discretion) any pre-hearing motions
which are similar to motions to dismiss for failure to state a claim or motions for summary adjudication. The
arbitrator(s) shall resolve all disputes in accordance with the substantive law of California and may grant any remedy
or relief that a court of such state could order or grant within the scope hereof and such ancillary relief as is
necessary to make effective any award. The arbitrator(s) shall also have the power to award recovery of all costs
and fees, to impose sanctions and to take such other action as the arbitrator(s) deems necessary to the same extent
a judge could pursuant to the federal rules of civil procedure, the California code of civil procedure or other
applicable law. Judgment upon the award rendered by the arbitrator(s) may be entered in any court having
jurisdiction. The institution and maintenance of an action for judicial relief or pursuit of a provisional or ancillary
remedy shall not constitute a waiver of the right of any party, including the plaintiff, to submit the controversy or
claim to arbitration if any other party contests such action for judicial relief.

7.9 In any arbitration proceeding, discovery will be permitted in accordance with the rules. All discovery shall be
expressly limited to matters directly relevant to the dispute being arbitrated and must be completed no later than 20
days before the hearing date. Any requests for an extension of the discovery Periods, or any discovery disputes,
will be subject to final determination by the arbitrator(s) upon a showing that the request for discovery is essential
for the party's presentation and that no alternative means for obtaining information is available.

7.10 No party hereto shall be entitled to join or consolidate disputes by or against others in any arbitration, except
parties who have executed this agreement, or to include in any arbitration any dispute as a representative or
member of a class, or to act in any arbitration in the interest of the general public or in a private attorney general
capacity.

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7.11 The arbitrator(s) shall award all costs and expenses of the arbitration proceeding.

7.12 Notwithstanding anything herein to the contrary, no dispute shall be submitted to arbitration if the dispute
concerns indebtedness secured directly or indirectly, in whole or in part, by any real property unless (i) the holder
of the mortgage, lien or security interest specifically elects in writing to proceed with the arbitration, or (ii) all parties
to the arbitration waive any rights or benefits that might accrue to them by virtue of the single action rule statute of
California, thereby agreeing that all indebtedness and obligations of the parties, and all mortgages, liens and
security interests securing such indebtedness and obligations, shall remain fully valid and enforceable. If any such
dispute is not submitted to arbitration, the dispute shall be referred to a referee in accordance with California code
of civil procedure section 638 et seq., and this general reference agreement is intended to be specifically
enforceable in accordance with said section 638. A referee with the qualifications required herein for arbitrators
shall be selected pursuant to the AAA's selection procedures. Judgment upon the decision rendered by a referee
shall be entered in the court in which such proceeding was commenced in accordance with California code of civil
procedure sections 644 and 645.

7.13 To the maximum extent practicable, the AAA, the arbitrator(s) and the parties shall take all action required to
conclude any arbitration proceeding within 180 days of the filing of the dispute with the AAA. No arbitrator(s) or
other party to an arbitration proceeding may disclose the existence, content or results thereof, except for disclosures
of information by a party required in the connection with financial reporting in the ordinary course of its business or
by applicable law or regulation. If more than one agreement for arbitration by or between the parties potentially
applies to a dispute, the arbitration provision most directly related to this agreement or the subject matter of the
dispute shall control. This arbitration provision shall survive termination, amendment or expiration of this agreement
or any relationship between the parties.

7.14 The parties hereto hereby acknowledge that by agreeing to binding arbitration they have irrevocably waived
their respective rights to a jury trial with respect to any action, claim or other proceeding arising out of any dispute
in connection with this agreement or any other agreement or document delivered in connection herewith, any rights
or obligations hereunder or thereunder, or the performance of such rights and obligations. This provision is a
material inducement for the parties entering into this agreement.

[signature on next page]

In witness whereof, the undersigned has executed this collateral pledge agreement as of the date and year first
above written.

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Coupons.com incorporated
By:
/s/ steven r. Boal

Print name: steven r. Boal

Title: president & chief executive officer

Exhibit B

ISSUER'S ACKNOWLEDGMENT

The undersigned hereby (i) acknowledges receipt of a copy of that certain Collateral Pledge Agreement dated as
of the date hereof (as amended, amended and restated, supplemented or otherwise modified from time to time, the
"Pledge Agreement"; capitalized terms used but not otherwise defined herein shall have the meanings assigned to
such terms in the Collateral Pledge Agreement), executed by Coupons.com Incorporated, a Delaware corporation
("Debtor"), in favor of Wells Fargo Bank, National Association ("Secured Party"); (ii) agrees promptly to note on its
books the security interests granted to Secured Party and confirmed under the Pledge Agreement; (iii) agrees that
it will comply with instructions of Secured Party or its nominee with respect to the applicable Collateral without
further consent by the Debtor; (iv) agrees that the "issuer's jurisdiction" (as defined in Section 8110 of the Code) is
[ ]; (v) agrees to notify Secured Party upon obtaining knowledge of any interest in favor of any person
in the applicable Collateral that is adverse to the interest of Secured Party; and (vi) waives any right or requirement
at any time hereafter to receive a copy of the Pledge Agreement in connection with the registration of any Collateral
thereunder in the name of Secured Party or its nominee or the exercise of voting rights by Secured Party or its
nominee.

IN WITNESS WHEREOF, the undersigned has caused this Issuer's Acknowledgment to be executed and delivered
as of the date first written above.
[ ]
BY:
Name:
Title: