Exhibit 4.1



lg CUSIP 52177G   10 2 SEE REVERSE FOR CERTAIN DEFINITIONS Incorporated under the laws of the   state of delaware This certifies that is the record holder of Fully paid and   nonassessable shares oF common sTock, $0.0001 par value, oF Leaf Group Ltd.   transferable on the books of the corporation in person or by duly authorized   attorney upon surrender of this Certificate properly endorsed. This   Certificate is not valid until countersigned by the Transfer Agent and   registered by the Registrar. wItness the facsimile seal of the Corporation   and the facsimile signatures of its duly authorized officers. dated:   secretarY SEAL MARCH 23, 2006 chIef eXecutIVe offIcer countersIgned and   regIstered: american sTock TransFer & TrusT company, llc (new York, nY)   transfer agent and regIstrar BY: authorIzed sIgnature 


    




 











The Corporation   shall furnish without charge to each stockholder who so requests a statement   of the powers, designations, preferences and relative, participating,   optional or other special rights of each class of stock of the Corporation or   series thereof and the qualifications, limitations or restrictions of such   preferences and/or rights. Such requests shall be made to the Corporation’s   Secretary at the principal office of the Corporation. The following   abbreviations, when used in the inscription on the face of this certificate,   shall be construed as though they were written out in full according to   applicable laws or regulations: TEN COM TEN ENT JT TEN – – – as tenants in   common as tenants by the entireties as joint tenants with right of   survivorship and not as tenants in common as community property UNIF GIFT MIN   ACT – ......................... Custodian ......................... (Cust)   under Uniform Gifts to Minors (Minor) Act..............................................................................   (State) UNIF TRF MIN ACT – ................. Custodian (until age   ..................) (Cust) ..................................... under   Uniform Transfers (Minor) to Minors Act............................................................   (State) COM PROP – Additional abbreviations may also be used though not in   the above list. FOR VALUE RECEIVED, hereby sell(s), assign(s) and transfer(s)   unto PLEASE INSERT SOCIAL SECURITY OR OTHER IDENTIFYING NUMBER OF ASSIGNEE (PLEASE   PRINT OR TYPEWRITE NAME AND ADDRESS, INCLUDING ZIP CODE, OF ASSIGNEE) shares   of the capital stock represented by within Certificate, and do hereby   irrevocably constitute and appoint attorney-in-fact to transfer the said   stock on the books of the within named Corporation with full power of the   substitution in the premises. Dated X X Signature(s) Guaranteed: NOTICE: THE   SIGNATURE TO THIS ASSIGNMENT MUST CORRESPOND WITH THE NAME AS WRITTEN UPON   THE FACE OF THE CERTIFICATE IN EVERY PARTICULAR, WITHOUT ALTERATION OR   ENLARGEMENT OR ANY CHANGE WHATSOEVER. BY THE SIGNATURE(S) SHOULD BE   GUARANTEED BY AN ELIGIBLE GUARANTOR INSTITUTION, (BANKS, STOCKBROKERS,   SAVINGS AND LOAN ASSOCIATIONS AND CREDIT UNIONS WITH MEMBERSHIP IN AN   APPROVED SIGNATURE GUARANTEE MEDALLION PROGRAM), PURSUANT TO S.E.C. RULE   17AD-15. GUARANTEES BY A NOTARY PUBLIC ARE NOT ACCEPTABLE. SIGNATURE   GUARANTEES MUST NOT BE DATED.