WSPI Website Pros (MM)

Item 5.02  Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

On October 24, 2007, Darin Brannan resigned as Senior Vice President of Business and Corporate Development at Website Pros, Inc. (the “Company”), effective on October 31, 2007 (the “Separation Date”). Assuming Mr. Brannan’s position will be Tobias Dengel, who will continue in a senior role responsible for Business and Corporate Development. Mr. Dengel will report into Jeff Stibel, President of Website Pros. Since joining the Company in April 2005, Mr. Dengel has spearheaded business and corporate development efforts on numerous strategic and technology partnerships.

Also on October 24, 2007, the Company entered into a separation agreement with Mr. Brannan (the “Separation Agreement”), under which Mr. Brannan will receive a cash severance benefit in an amount equal to six (6) months of his base salary at the rate in effect immediately prior to the Separation Date, paid in the form of installments on the Company’s regular payroll dates for a period of six (6) months following the Separation Date. Additionally, Mr. Brannan will receive a bonus of $30,000 for his performance during the year ending December 31, 2007, to be paid in the first quarter of 2008.

Additionally, the vesting of all shares of Common Stock held by Mr. Brannan or subject to stock options held by Mr. Brannan as of the Separation Date shall be accelerated such that that the shares that would have vested had the Employee remained employed by the Company for six (6) months following the Separation Date shall vest and become immediately exercisable as of the date of the Separation Date. The post-termination exercise period and the term of such options have not been amended. Subject to certain limitations, the Company will continue Mr. Brannan’s coverage under the Company’s health, dental and vision plans for twelve (12) months. All of Mr. Brannan’s other benefits terminate on the Separation Date.

In exchange for these benefits, Mr. Brannan has agreed, in the Separation Agreement, to a general release of claims and certain confidentiality, non-competition and non-solicitation provisions, each for the benefit of the Company.