Document:

Stock Purchase Agreement Dated as of Nov. 5, 2004

 Exhibit 10.30 
 EXECUTION COPY 
 STOCK PURCHASE AGREEMENT 
 This STOCK PURCHASE AGREEMENT (this “Agreement”) is made as of November 5, 2004 by and among Monotype Imaging Holdings
Corp., a Delaware corporation (“Holdings”), the investors listed on Schedule A hereto (the “Investors”) and the lenders listed on Schedule B hereto (the “Lenders”). 
 WHEREAS, pursuant to a Stock Purchase Agreement dated as of November 5, 2004 (the “AMT Purchase Agreement”) by and among
Imaging Acquisition Corporation, a Delaware corporation and a wholly-owned subsidiary of Holdings (“Acquisition Sub”), Agfa Corporation, a Delaware corporation (“Agfa”) and Agfa Monotype Corporation, a Delaware
corporation and a wholly-owned subsidiary of Agfa (“AMT”), Acquisition Sub has agreed to purchase all of the outstanding capital stock of AMT on the terms set forth in the AMT Purchase Agreement; 
 WHEREAS, in connection with the funding of such acquisition, subject to the adjustments contemplated by Section 1.1(e) of this Agreement,
Holdings has agreed to sell, and the Investors have agreed to purchase, an aggregate of up to 5,454,040 shares of Convertible Preferred Stock, par value $0.01 per share, of Holdings (the “Convertible Preferred Stock”), for an
aggregate purchase price of up to $54,540,400 in cash in accordance with the terms and provisions hereof; 
 WHEREAS, also in
connection with the funding of such acquisition, Holdings, Acquisition Sub, AMT and the Lenders have entered into a Subordinated Note Purchase Agreement dated as of the date hereof (the “Note Purchase Agreement”), and, in connection
with such agreement, Holdings has agreed to sell, and the Lenders have agreed to purchase, an aggregate of up to 321,727 shares of common stock, par value $0.01 per share, of Holdings (the “Common Stock”), for an aggregate purchase
price of up to $3,217.27; 
 WHEREAS, contemporaneously with the execution and delivery of this Agreement, the parties hereto are
entering into a Stockholders Agreement and a Registration Rights Agreement (the “Ancillary Equity Agreements”), in the forms set forth on Exhibits A and B, respectively, that will set forth additional rights and
obligations of the parties with respect to the securities purchased hereunder; 
 WHEREAS, approximately ten business days following
the date hereof (the actual date of the transactions described in clauses (i) and (ii) of this recital, the “Election Date”), certain officers and employees of AMT who are defined as “Management Stockholders”
under the Stockholders Agreement are expected (i) to elect to use a portion of their respective Transaction Bonus Payments (as defined in the Stockholders Agreement) to purchase an aggregate of up to 345,960 shares of Convertible Preferred
Stock for an aggregate purchase price of up to $3,459,600 (the “MS Preferred Allocation”) and an aggregate of up to 19,670 shares of Common Stock for an aggregate purchase price of $196.70 (the “MS Common
Allocation”), on terms and conditions that make such purchases exempt from the registration requirements of the 

 
Securities Act (as defined below in Section 2.5) by virtue of Regulation D or Rule 701 promulgated thereunder, and (ii) to become parties to
Sections 1.1(c), 1.1(e), II, IV and V of this Agreement as both “Investors” (with respect to their purchases of Convertible Preferred Stock) and “Lenders” (with respect to their purchases of Common Stock) by entering into an
investment and joinder agreement with the Company; and 
 WHEREAS, capitalized terms used and not otherwise defined herein shall have
the meanings set forth in the AMT Purchase Agreement. 
 NOW, THEREFORE, for good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, the parties hereby agree as follows: 
 SECTION I - PURCHASE AND SALE OF SHARES

 1.1. Purchase and Sale; Closing. 
 (a) Upon the terms and subject to the conditions of this Agreement and in reliance on the representations, warranties and covenants set
forth herein, Holdings shall issue and sell to each of the Investors, and each Investor severally agrees to purchase from Holdings, the respective number of shares of Convertible Preferred Stock set forth opposite the name of such Investor on
Schedule A hereto, representing an aggregate of 5,454,040 shares of Convertible Preferred Stock for an aggregate purchase price of $54,540,400. 
 (b) Upon the terms and subject to the conditions of this Agreement and in reliance on the representations, warranties and covenants set forth herein, Holdings shall issue and sell to each of the Lenders, and each
Lender severally agrees to purchase from Holdings, the respective number of shares of Common Stock set forth opposite the name of such Lender on Schedule B hereto, representing an aggregate of 321,727 shares of Common Stock at a purchase
price of $0.01 per share. 
 (c) The Convertible Preferred Stock and the Common Stock shall have the rights, preferences and
other terms set forth in this Agreement and in the Amended and Restated Certificate of Incorporation of Holdings, attached as Exhibit C hereto (the “Charter”). The shares of Convertible Preferred Stock purchased by the
Investors under this Agreement (as adjusted for stock splits, stock dividends, combinations, recapitalizations and similar events) are hereinafter referred to as the “Convertible Preferred Shares” and the shares of Common Stock
purchased by the Lenders under this Agreement (as adjusted for stock splits, stock dividends, combinations, recapitalizations and similar events) are hereinafter referred to as the “Common Shares” and, together with the Convertible
Preferred Shares, are referred to as the “Shares”. 
 (d) The closing (the “Closing”) of
the purchase and sale of the Shares shall take place simultaneously with the execution and delivery by the parties of this Agreement. At the Closing, Holdings will deliver to each Investor and Lender one or 

  

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more certificates representing the Shares purchased by such Investor or Lender, as applicable, as set forth on Schedule A or Schedule B hereto,
against payment of the purchase price relating thereto to Holdings by wire transfer payable in immediately available funds. 
 (e) If, on the Election Date, the Management Stockholders (as defined in the Stockholders Agreement) have elected to purchase an aggregate number of shares of Convertible Preferred Stock that is less than the MS Preferred Allocation and an
aggregate number of shares of Common Stock that is less than the MS Common Allocation, then, on the Election Date, the Investors and Lenders that are not Management Stockholders, or some group thereof, shall purchase from Holdings, and Holdings
shall sell to such Investors and Lenders, shares of Convertible Preferred Stock and shares of Common Stock constituting each such respective shortfall at the same per share prices and on the same other terms and conditions that apply to the purchase
and sale of the Shares under this Agreement (the “Subsequent Closing”). Following the Subsequent Closing, Holdings shall circulate an updated version of Schedules A and B to reflect the purchases and sales that take
place at the Subsequent Closing. 
 1.2. Use of Proceeds. Holdings shall use proceeds received upon the sale of the Shares to
make a contribution to the capital of Acquisition Sub so that Acquisition Sub shall have funds available to pay the Purchase Price under the Purchase Agreement. 
 SECTION II - REPRESENTATIONS AND WARRANTIES OF HOLDINGS 
 In order to induce the Investors and
Lenders to enter into this Agreement and consummate the Closing, Holdings hereby makes to the Investors and Lenders the following representations and warranties. 
 2.1. Organization and Corporate Power. Holdings is a corporation duly organized, validly existing and in good standing under the laws of Delaware. Holdings has all required corporate power and authority
to carry on its business as presently conducted, to enter into and perform this Agreement and to carry out the transactions contemplated hereby. 
 2.2. Binding Agreement, Authorization and Non-Contravention. This Agreement and any documents, certificates or instruments executed and delivered by Holdings pursuant hereto are valid and binding obligations of Holdings. The
execution, delivery and performance of this Agreement and any documents, certificates or instruments executed and delivered by Holdings pursuant hereto, the issuance and delivery of the Shares, and any issuance of shares of Common Stock, Redeemable
Preferred Stock (as defined in the Charter) or other securities upon conversion of the Convertible Preferred Stock (“Conversion Shares”), have been duly authorized by all necessary corporate or other action of Holdings. As of the
date hereof, the execution and delivery of this Agreement any documents, certificates or instruments executed and delivered by Holdings pursuant hereto and the issuance and delivery of the Shares and any Conversion Shares, do not and will not:
(i) violate, conflict with, or result in a violation of, or constitute or result in a default or loss of any benefit under, any provision of the Charter or 
  

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bylaws of Holdings, or cause the creation of any Encumbrance upon any of its assets; (ii) violate, conflict with, or result in a violation of, or
constitute a default under, any provision of any applicable law, regulation or rule, or any order of, or any restriction imposed by, any court or governmental agency of competent jurisdiction; (iii) require from Holdings any notice to,
declaration or filing with, or consent or approval of, any governmental authority or other third party; or (iv) violate, conflict with, or result in a violation of, or constitute or result in a default under, accelerate any obligation under, or
give rise to a right of termination of, any contract, agreement, permit, license, authorization or other obligation to which Holdings is a party or by which Holdings or any of its assets are bound. 
 2.3. Capitalization. As of the date hereof, immediately after the Closing, and after giving effect to the transactions contemplated by this
Agreement, the authorized capital stock of Holdings consists of (a) 10,000,000 shares of Common Stock, of which 321,827 shares are issued and outstanding, (b) 6,000,000 shares of Convertible Preferred Stock, of which 5,454,040 are issued
and outstanding and (c) 6,000,000 shares of Redeemable Preferred Stock, none of which are issued and outstanding. Other than the rights set forth in the Charter, this Agreement and the Ancillary Equity Agreements, immediately after the Closing,
there will be no outstanding options, warrants, rights, commitments, pre-emptive rights or agreements of any kind for the issuance and sale of, or other securities convertible into or exercisable or exchangeable for, any shares of capital stock of
any class or other equity interests of Holdings. Immediately after the Closing, all of the outstanding shares of capital stock of Holdings will have been duly and validly authorized and issued and are fully paid and non assessable. As of the
Closing, Holdings will have, duly authorized and reserved 790,909 shares of Common Stock (subject to adjustment) for issuance in connection with awards to be granted or exercised under the 2004 Stock Option and Grant Plan of Holdings, 6,000,000
shares of Common Stock (subject to adjustment) and 6,000,000 shares of Redeemable Preferred Stock for issuance upon conversion of the Convertible Preferred Shares, and the shares of Common Stock and Redeemable Preferred Stock so issued will, upon
such exercise or conversion, be validly issued, fully paid and non-assessable. 
 2.4. Newly-Formed. Holdings was formed in
Delaware on October 20, 2004 for, among other purposes, purchasing all of the outstanding capital stock of Acquisition Sub and has not conducted any business or incurred any material liabilities or obligations except in connection with the
transactions contemplated by the AMT Purchase Agreement, the Note Purchase Agreement and the Senior Credit Agreement (as defined in the Note Purchase Agreement) and any related agreements entered into in connection therewith. 
 2.5. Private Placement. Except for offers and sales to officers and employees of AMT in reliance on the exemption for the registration
requirements of Section 5 of the Securities Act of 1933 (as amended, the “Securities Act”) provided by Rule 701 thereunder, Holdings has not offered or sold shares of Convertible Preferred Stock or Common Stock or any other
securities of Holdings in a manner that constitutes a general solicitation or that might otherwise subject the sales of the Shares hereunder to such registration requirements. 
  

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 SECTION III - REPRESENTATIONS AND WARRANTIES OF THE INVESTORS AND LENDERS 
 Each Investor and Lender, severally and not jointly, hereby makes the following representations and warranties to Holdings. 
 3.1. Existence and Authority. Such Investor or Lender is a corporation or limited partnership duly incorporated or formed, validly existing
and in good standing under the laws of the State of Delaware. The execution, delivery and performance by such Investor or Lender of this Agreement and the consummation of the Closing hereby are within the corporate or similar powers of such Investor
or Lender and have been duly authorized by all necessary corporate or similar action on the part of such Investor or Lender. This Agreement constitutes a valid and binding agreement of such Investor or Lender. 
 3.2. Accredited Investor. Such Investor or Lender is an “accredited investor” within the meaning of Rule 501 of the Securities
Act. 
 3.3. Investment Intent. Such Investor or Lender is purchasing Shares for investment for its own account and not with a
view to, or for sale in connection with, any distribution thereof. 
 SECTION IV - REDEMPTION OF COMMON SHARES 
 4.1. Optional Redemption of Common Shares. 
 (a) At any time after the earlier of (i) the date upon which the subordinated notes acquired by the Lenders under the Note Purchase Agreement are repaid in full in accordance with the terms of the Note Purchase
Agreement and (ii) the 6th anniversary of the date hereof, the holders of not less than a majority of the outstanding Common Shares issued by Holdings hereunder and held by the Lenders (a “Lender Majority Interest’) may elect
to have redeemed by Holdings up to 100% of all outstanding Common Shares held by the Lenders. 
 (b) Any election by a Lender
Majority Interest pursuant to Section 4.1 shall be made by written notice to Holdings and the other holders of Common Shares at least 60 days prior to the redemption date specified by such Lender Majority Interest in such notice. Upon such
election, all Lenders then holding Common Shares shall be deemed to have elected to have the relevant percentage of their Common Shares redeemed pursuant to this Section IV, and such election shall bind all holders of Common Shares. The date on
which any Common Shares are to be redeemed pursuant to this Section IV is referred to herein as a “Redemption Date”. 
 (c) The redemption price for the Common Shares redeemed pursuant to this Section IV shall be an amount equal to the fair market value of the Common Shares as determined by a nationally recognized investment banking
firm or accounting firm designated by the Lender Majority Interest and reasonably acceptable to Holdings; 

  

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provided that if the parties cannot agree on such a firm, each party shall choose a nationally recognized investment banking firm or accounting firm,
which firms shall choose a third nationally recognized investment banking firm or accounting firm and that third firm shall determine the fair market value, which determination shall be final and binding on the parties. The cost relating to
retaining any such firms shall be borne by Holdings. In arriving at its determination of the fair market value of the Common Shares, any such investment banking firm or accounting firm shall assume (i) the exercise of all outstanding warrants,
options or rights to subscribe for or purchase Common Stock (or other securities) of Holdings or other securities immediately exercisable or convertible into Common Stock (or other securities) of Holdings and (ii) other factors concerning the
liquidity or marketability of the Common Shares that are typically recognized and considered by investment banking or accounting firms in a valuation of the type required by this Section 4.1(c). The aggregate redemption price upon any
redemption pursuant to this Section IV shall be payable in cash out of funds legally available therefor in immediately available funds to the Lenders then holding Common Shares pro rata to the number of Common Shares owned by each such Lender
on the Redemption Date. 
 (d) If the funds of Holdings legally available to redeem Common Shares on a Redemption Date are
insufficient to redeem the total number of such Common Shares required to be redeemed on such date, Holdings shall (i) take any action necessary or appropriate, to the extent reasonably within its control, to remove promptly any impediments to
its ability to redeem the total number of Common Shares required to be so redeemed, including, without limitation, (A) to the extent permissible under Section 154 of the Delaware General Corporation Law, reducing the paid-in capital of
Holdings or causing a revaluation of the assets of Holdings to create sufficient surplus to make such redemption, and (B) incurring any indebtedness necessary to make such redemption, and (ii) in any event, use any funds that are legally
available to redeem the maximum possible number of such shares from the Lenders holding such Common Shares to be redeemed in proportion to the respective number of such Common Shares that otherwise would have been redeemed if all such Common Shares
had been redeemed in full. At any time thereafter when additional funds of Holdings are legally available to redeem such Common Shares, Holdings shall immediately use such funds to redeem the balance of the Common Shares that Holdings became
obligated to redeem on a specified Redemption Date (but that it has not yet redeemed) at the applicable redemption price. 
 (e) If any Common Shares are not redeemed on a specified Redemption Date or on any other date specified for redemption for any reason, all such unredeemed Common Shares shall remain outstanding, and Holdings shall pay interest on the
applicable redemption price of such unredeemed Common Shares at an aggregate per annum rate equal to 10% (increased by 1% at the end of each 6-month period thereafter until the applicable redemption price, and any interest thereon, is paid in full),
with such interest to accrue daily in arrears and to be compounded quarterly. In no event, however, shall such interest exceed the maximum permitted rate of interest under applicable law (the “Maximum Permitted Rate”). If the
fulfillment of any provision hereof results in such rate of interest being in excess of the Maximum Permitted Rate, the amount of interest required to be paid hereunder shall automatically be reduced to eliminate such 

  

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excess; provided, however, that any subsequent increase in the Maximum Permitted Rate shall be retroactively effective to the Redemption Date to the
extent permitted by law. Any Common Shares that are not redeemed upon the Redemption Date shall remain entitled to all rights and privileges specified herein, in the Charter and the Ancillary Equity Agreements until redeemed. 
 (f) Each Lender holding Common Shares to be redeemed shall surrender the any certificates representing such shares to Holdings, duly
assigned or endorsed for transfer to Holdings (or accompanied by duly executed stock powers relating thereto). If any such certificates are lost, stolen or missing, such Lender may in their place deliver an affidavit of loss. Any such delivery shall
be made at the principal executive office of Holdings or such other place as Holdings may from time to time designate by notice to the holder of Common Shares. Each surrendered certificate shall be canceled and retired and Holdings shall thereafter
make payment of the applicable redemption price by certified check or wire transfer; provided, however, that if Holdings has insufficient funds legally available to redeem all Common Shares required to be redeemed, each such Lender shall, in
addition to receiving the payment of the portion of the aggregate redemption price that Holdings is not legally prohibited from paying to such Lender by certified check or wire transfer, receive a new stock certificate for those Common Shares that
will remain outstanding. 
 4.2. Termination of Redemption Rights. The rights of the Lenders holding Common Shares set forth in
this Section IV shall terminate and be of no further force or effect upon and following the consummation by Holdings of an initial public offering of Common Stock pursuant to an effective registration statement under the Securities Act. 

4.3. Limitation of Redemption Rights. Anything in this Section IV to the contrary notwithstanding, the exercise of the redemption rights
described in this Section IV, and the obligations of Holdings under this Section IV, shall be subject to, and limited by, any limitations or other restrictions imposed upon Holdings pursuant to the terms of any agreement in respect of indebtedness
for borrowed money of Holdings or the Company and/or pursuant to the terms of the Charter. 
 SECTION V - MISCELLANEOUS

 5.1. Survival. The representations, warranties, covenants and agreements made herein or in any certificates or
documents executed in connection herewith shall survive the execution and delivery hereof and the Closing and shall bind the successors and assigns of the relevant party, and all such covenants, agreements, representations and warranties shall inure
to the benefit of the successors and assigns of the parties hereto and to transferees of the Shares or Conversion Shares. 
 5.2.
Entire Agreement. This Agreement constitutes the full and entire understanding and agreement among the parties hereto with respect to the subject matters hereof, and any other written or oral agreements existing prior to or
contemporaneously herewith are expressly superseded and canceled. 
  

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 5.3. Amendments Waivers and Consents. For the purposes of this Agreement and all
agreements, documents and instruments executed pursuant hereto, except as otherwise specifically set forth herein or therein, no course of dealing between Holdings on the one hand and any Investor or Lender on the other and no delay on the part of
any party hereto in exercising any rights hereunder or thereunder shall operate as a waiver of the rights hereof and thereof. Any term or provision hereof may be amended, terminated or waived with the written consent of Holdings and the holders of a
majority of the outstanding Convertible Preferred Shares and a majority of the outstanding Common Shares. Any amendment or waiver effected in accordance with this Section 5.3 shall be binding upon each party to this Agreement then holding
Shares and their permitted successors and assigns. 
 5.4. Notices and Demands. All notices, requests, demands and other
communications hereunder shall be in writing and shall be deemed to have been duly given if faxed (with transmission acknowledgment received), delivered personally or mailed by certified or registered mail (return receipt requested) as follows:

  

			
	To Holdings:	  	Monotype Imaging Holdings Corp.
		  	200 Ballardvale Street
		  	Wilmington, MA 01887
		  	Attention:
		  	Facsimile:
		
	With a Copy to:	  	TA Associates, Inc.
		  	High Street Tower, Suite 2500
		  	125 High Street
		  	Boston, MA 02110
		  	Attention: A. Bruce Johnston
		  	Facsimile: (617) 574-6728
		
	And to:	  	Goodwin Procter LLP
		  	Exchange Place
		  	Boston, MA 02109
		  	Attn: Jeffrey C. Hadden, P.C.
		  	Facsimile Number (617) 523-1231

 To the Investors and Lenders: 
 To the address then set forth in records of Holdings for the applicable Investor or Lender. 
 Notices shall be effective as of the date of such delivery, mailing or fax. 
 5.5. Severability. Whenever possible, each provision of this Agreement shall be interpreted in such a manner as to be effective and valid
under applicable law, but if any provision of this Agreement shall be deemed prohibited or invalid under such applicable law, 

  

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such provision shall be ineffective to the extent of such prohibition or invalidity, and such prohibition or invalidity shall not invalidate the remainder of
such provision or the other provisions of this Agreement. 
 5.6. Counterparts. This Agreement may be executed in multiple
counterparts, each of which shall constitute an original but all of which, once executed and delivered to all of the parties hereto, shall constitute but one and the same instrument. 
 5.7. Effect of Headings; Construction. The descriptive headings in this Agreement have been inserted for convenience only and shall not
control the construction of any provision thereof or hereof. The parties have participated jointly in the negotiation and drafting of this Agreement with counsel sophisticated in investment transactions. If an ambiguity or question of intent or
interpretation arises, this Agreement and any certificates, documents or instruments executed and delivered in connection herewith shall be construed as if drafted jointly by the parties and no presumption or burden of proof shall arise favoring or
disfavoring any party by virtue of the actual or deemed authorship of any provisions of this Agreement or any certificates, documents or instruments executed and delivered in connection herewith. 
 5.8. Governing Law; Dispute Resolution. This Agreement shall be deemed a contract made under, and shall be construed in accordance with,
the laws of the Commonwealth of Massachusetts. Any disputes among any of the parties hereto arising out of or relating to this Agreement shall be resolved pursuant to Section 7.12 of the Stockholders Agreement. 
 [SIGNATURE PAGES FOLLOW] 
  

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 IN WITNESS WHEREOF, the undersigned have executed this Stock Purchase Agreement as of the day and
year first above written. 
  

					
	HOLDINGS:
	
	MONOTYPE IMAGING
	HOLDINGS CORP.
			
		 	By:	 	 /s/ A. BRUCE JOHNSTON

		 	Name:	 	A. Bruce Johnston
		 	Title:	 	Vice President
	
	INVESTORS:
	
	TA IX L.P.
	
	By: TA Associates IX LLC, its General Partner
	By: TA Associates, Inc., its Manager
			
		 	By:	 	 *

		 	Name:	 	A. Bruce Johnston
		 	Title:	 	Managing Director
	
	TA/ATLANTIC AND PACIFIC IV L.P.
	By: TA Associates AP IV L.P., its General Partner
	By: TA Associates, Inc., its General Partner
			
		 	By:	 	 *

		 	Name:	 	A. Bruce Johnston
		 	Title:	 	Managing Director
	
	TA STRATEGIC PARTNERS FUND A L.P.
	By: TA Associates SPF L.P., its General Partner
	By: TA Associates, Inc., its General Partner
			
		 	By:	 	 *

		 	Name:	 	A. Bruce Johnston
		 	Title:	 	Managing Director

 Holdings Stock Purchase Agreement 

					
	TA STRATEGIC PARTNERS FUND B L.P.
	By: TA Associates SPF L.P., its General Partner
	By: TA Associates, Inc., its General Partner
			
		 	By:	 	 *

		 	Name:	 	A. Bruce Johnston
		 	Title:	 	Managing Director
	
	TA INVESTORS II, L.P.
	By: TA Associates, Inc., its General Partner
			
		 	By:	 	 *

		 	Name:	 	A. Bruce Johnston
		 	Title:	 	Managing Director

  

			
	*  By:	 	 /s/ A. BRUCE JOHNSTON

	    Name:	 	A. Bruce Johnston
	    Title:	 	Managing Director

  

					
	D.B. ZWIRN SPECIAL OPPORTUNITIES FUND, L.P.
	
	By: D.B. Zwirn Partners, LLC, its General Partner
	By: Zwirn Holdings, LLC, its Managing Member
			
		 	By:	 	 /s/ DANIEL B. ZWIRN

		 	Name:	 	Daniel B. Zwirn
		 	Title:	 	Managing Partner

 Holdings Stock Purchase Agreement 

					
	LENDERS:
	
	TA INVESTORS II, L.P.
	By: TA Associates, Inc., its General Partner
			
		 	By:	 	 *

		 	Name:	 	A. Bruce Johnston
		 	Title:	 	Managing Director
	
	TA SUBORDINATED DEBT FUND, L.P.
	By: TA Associates SDF LLC, its General Partner
	By: TA Associates, Inc., its Manager
			
		 	By:	 	 *

		 	Name:	 	A. Bruce Johnston
		 	Title:	 	Managing Director

  

			
	*  By:	 	 /s/ A. BRUCE JOHNSTON

	    Name:	 	A. Bruce Johnston
	    Title:	 	Managing Director

  

					
	D.B. ZWIRN SPECIAL OPPORTUNITIES FUND, L.P.
	By: D.B. Zwirn Partners, LLC, its General Partner
	By: Zwirn Holdings, LLC, its Managing Member
			
		 	By:	 	 /S/ DANIEL B. ZWIRN

		 	Name:	 	Daniel B. Zwirn
		 	Title:	 	Managing Partner

 Holdings Stock Purchase Agreement 

 Schedule A 
 Schedule of Investors 
  

						
	 Name
	  	Shares	  	Price ($)
	 TA IX L.P.
	  	4,125,367	  	 	41,253,670
	 TA/Atlantic and Pacific IV L.P.
	  	896,538	  	 	8,965,380
	 TA Strategic Partners Fund A L.P.
	  	84,467	  	 	844,670
	 TA Strategic Partners Fund B L.P.
	  	15,161	  	 	151,610
	 TA Investors II, L.P.
	  	82,507	  	 	825,070
	 D.B. Zwirn Special Opportunities Fund, L.P.
	  	250,000	  	 	2,500,000
			
	 Total
	  	5,454,040	  	$	54,540,400

 Schedule B 
 Schedule of Lenders 
  

						
	 Name
	  	Shares	  	Price ($)
	 TA Subordinated Debt Fund, L.P.
	  	298,676	  	 	2,986.76
	 TA Investors II, L.P.
	  	5,976	  	 	59.76
	 D.B. Zwirn Special Opportunities Fund, L.P.
	  	17,075	  	 	170.75
			
	 Total
	  	321,727	  	$	3,217.27Agreement and Plan of Merger Dated as of Aug. 24, 2005

 Exhibit 10.31 
 AGREEMENT AND PLAN OF MERGER 
 This AGREEMENT AND PLAN OF MERGER (the “Agreement”)
is dated as of August 24, 2005, by and among Monotype Holdings Inc., a Delaware corporation (“Parent”), MIHC Merger Sub Inc., a Delaware corporation and wholly-owned subsidiary of Parent (“Merger Sub”), and
Monotype Imaging Holdings Corp., a Delaware corporation (“MIHC”). 
 W I T N E S S E T H: 
 WHEREAS, the respective boards of directors of each of Parent, Merger Sub and MIHC have (i) determined that the merger of Merger Sub with and into
MIHC (the “Merger”) is advisable and in the best interests of Parent, Merger Sub and MIHC and their respective stockholders, (ii) approved and adopted this Agreement and the Merger and (iii) recommended the approval and
adoption of this Agreement and the Merger by their respective stockholders, all in accordance with the applicable provisions of the Delaware General Corporation Law (the “DGCL”). 
 NOW, THEREFORE, in consideration of the foregoing and the mutual covenants and agreements contained herein, and intending to be legally bound hereby,
Parent, Merger Sub and MIHC agree as follows: 
 1. The Merger. 
 (a) At the Effective Time (as defined in Section 1(b)), Merger Sub shall be merged with and into MIHC in accordance with the DGCL and upon the terms
set forth in this Agreement, whereupon the separate existence of Merger Sub shall cease and MIHC shall be the surviving corporation (the “Surviving Corporation”). 
 (b) Upon the receipt of all necessary corporate approvals, MIHC shall file a certificate of merger (the “Certificate of Merger”) with
the Delaware Secretary of State and make any other filings or recordings required under the DGCL in connection with the Merger. The Merger shall become effective at such time as the Certificate of Merger is duly filed with the Delaware Secretary of
State (or at such later time as may be specified in the Certificate of Merger) (the “Effective Time”). 
 (c) From and after
the Effective Time, the Surviving Corporation shall possess all the rights, powers, privileges and franchises and be subject to all of the obligations, liabilities, restrictions and disabilities of MIHC and Merger Sub, all as provided under the
DGCL, except as contemplated in Sections 6 and 8. 
 2. Certificate of Incorporation. The certificate of incorporation of MIHC, as in
effect at the Effective Time, shall be the certificate of incorporation of the Surviving Corporation until thereafter amended or repealed in accordance with applicable law. 

 3. By-laws. The by-laws of MIHC, as in effect at the Effective Time, shall be the by-laws of the
Surviving Corporation until thereafter amended or repealed in accordance with applicable law. 
 4. Directors and Officers of the
Surviving Corporation. The directors and officers of MIHC shall, from and after the Effective Time, be the directors and officers of the Surviving Corporation, until their respective successors shall have been duly elected or appointed and
qualified in accordance with applicable law or until their earlier death, resignation or removal. 
 5. Conversion and Cancellation of
Capital Stock. At the Effective Time, by virtue of the Merger and without any further action on the part of Parent, Merger Sub or MIHC or the holders of their respective capital stock: 
 (a) Merger Sub Common Stock. Each share of Merger Sub common stock, par value $0.01 per share, issued and outstanding immediately prior to the
Effective Time shall be converted into and become 917.338 shares of common stock and 5,846.155 shares of convertible preferred stock of the Surviving Corporation, each with a par value of $0.01 per share, with the rights, powers and privileges
defined by the certificate of incorporation of the Surviving Corporation. 
 (b) MIHC Common Stock. Each share of MIHC common stock,
par value $0.01 per share (“MIHC Common Stock”), issued and outstanding immediately prior to the Effective Time shall be converted into and become one share of common stock, par value $0.01 per share, of the Parent (“Parent
Common Stock”), with the rights, powers and privileges defined by the certificate of incorporation of the Parent, as in effect at the Effective Time and as may be amended from time to time (the “Parent Charter”). As of the
Effective Time, all shares of MIHC Common Stock outstanding immediately prior to the Effective Time will be deemed to be no longer outstanding and will automatically be canceled and retired and will cease to exist, and each holder thereof will cease
to have any rights with respect thereto, except for the right to receive shares of Parent Common Stock in amounts determined in accordance with this Agreement. 
 (c) MIHC Convertible Preferred Stock. Each share of MIHC convertible preferred stock, par value $0.01 per share (“MIHC Preferred”), issued and outstanding immediately prior to the Effective
Time shall be converted into and become (i) the right to receive from Parent an amount in cash equal to $8.26 and (ii) one share of convertible preferred stock, par value $0.01 per share, of the Parent (“Parent Convertible
Preferred”) with the rights, powers and privileges defined by the Parent Charter. Parent, Merger Sub and MIHC have determined that the cash portion of the consideration to which a holder of MIHC Preferred is entitled hereunder represents in
excess of 20% of the total value of such consideration. As of the Effective Time, all shares of MIHC Preferred outstanding immediately prior to the Effective Time will be deemed to be no longer outstanding and will automatically be canceled and
retired and will cease to exist, and each holder thereof will cease to have any rights with respect thereto, except for the right to receive shares of Parent Convertible Preferred and cash in amounts that are determined in accordance with this
Agreement. 
  

 2 

 (d) Parent Common Stock. Each share of Parent Common Stock issued and outstanding or held in
treasury immediately prior to the Effective Time shall be cancelled and retired and shall cease to exist, and no consideration shall be delivered in exchange therefor. 
 (e) Treatment of Options and Restricted Stock Awards. Upon the Effective Time, assuming the receipt of any necessary corporate approvals, Parent shall assume the Monotype Imaging Holdings Corp. 2004 Stock
Option and Grant Plan (the “Equity Incentive Plan”), which shall thereafter be known as the “Monotype Holdings Inc. 2004 Stock Option and Grant Plan”, and each outstanding option and restricted stock grant under the Equity
Incentive Plan (each such grant, an “Award”) and each related option and restricted stock agreement with respect to shares of MIHC Common Stock (each such agreement, an “Award Agreement”). Upon that assumption by
Parent, each Award shall become an option or restricted stock grant, as the case may be, with respect to shares of Parent Common Stock and each Award Agreement, shall become an option agreement or restricted stock agreement, as the case may be, with
respect to shares of Parent Common Stock. The terms of the Awards and Award Agreements, including those relating to exercise price, vesting and number of shares subject to the option grants, will remain unchanged, except that those terms will be
deemed to apply to Parent Common Stock (as opposed to MIHC Common Stock). Any adjustments necessary in connection with the transactions described in this Section 6 will be done in a manner consistent with the principles set forth in the
regulations under Section 424 of the U.S. Internal Revenue Code of 1986 (the “Code”). Parent and MIHC intend that each existing Award that is intended to be an incentive stock option within the meaning of Section 422 will
be adjusted as necessary to preserve such treatment. 
 6. Payment and Exchange Procedures. 
 (a) MIHC or its designee shall deliver the following items to each person who, according to the stock transfer books of MIHC, was a holder of record of a
certificate that evidenced shares of MIHC Common Stock or MIHC Preferred as of the Effective Time (each, a “Certificate”): (i) a letter of transmittal that (A) shall specify that delivery shall be effected, and risk of
loss of and transfer of title to a Certificate shall pass, only upon delivery of a Certificate to MIHC or its designee and (B) shall otherwise be in such form as MIHC may deem advisable and (ii) instructions regarding the surrender of
Certificates and the taking of other actions in exchange for the consideration described in Section 5. Upon surrender of a Certificate for cancellation to Parent or its designee together with a signed letter of transmittal and such other
documents as may be required pursuant to those instructions, the holder of that Certificate will be entitled to receive consideration that is determined according to Section 5 with respect to the shares of capital stock of MIHC underlying that
Certificate. Until surrendered in accordance with the provisions of this Section 7, a Certificate shall represent for all purposes only the right to receive the consideration described under Section 5. If any Certificate is lost, stolen or
destroyed, Parent or its designee will pay in exchange for that lost, stolen or destroyed Certificate the applicable amount of the consideration otherwise deliverable in respect the shares of capital stock underlying that Certificate upon the
delivery of a duly executed affidavit of loss by the putative owner thereof and, if required by Parent, an agreement of that holder to indemnify the Surviving Corporation and Parent against any claim or controversy relating to the applicable
Certificate. No interest will be paid to, or will accrue for the benefit of, any of the stockholders of MIHC on any amounts owing in respect of a Certificate surrendered in accordance with this Section 7. 
  

 3 

 (b) Parent and the Surviving Corporation may deduct and withhold from the cash portion of the
consideration payable under this Agreement to any stockholder of MIHC such amounts as Parent or the Surviving Corporation may be required to deduct and withhold under the Code or any provision of state, local or foreign tax law. Any withheld amounts
will be treated for all purposes of this Agreement as having been paid to the stockholder of MIHC in respect of whom the deduction and withholding was made by the Parent or the Surviving Corporation. 
 (c) All amounts paid or shares issued under this Section 7 upon the conversion of shares of MIHC Common Stock and MIHC Preferred will be deemed to
have been made in full satisfaction of all rights pertaining to any shares of MIHC Common Stock or MIHC Preferred, as the case may be, that are outstanding immediately prior to the Effective Time. If, after the Effective Time, Certificates
representing any such shares are presented to Parent or the Surviving Corporation for any reason, they will be cancelled and treated in accordance with Section 5 and this Section 7. 
 7. Amendments to MIHC Agreements. Effective upon the respective written approvals of the requisite number of parties other than MIHC that are
required to amend the agreements listed described below, MIHC and Parent agree that Parent shall become a party to and, except in the recitals to those agreements and as otherwise set forth herein, shall be substituted for MIHC under the following
agreements, each dated as of November 5, 2004: (a) the Stock Purchase Agreement among MIHC and the Investors and Lenders party thereto, but solely with respect to Sections II through V thereof, in which all references to “Common
Shares” will be deemed to be references to shares of Parent Common Stock and all references to “Convertible Preferred Shares” will be deemed to be references to shares Parent Convertible Preferred, the rights and terms of which are
set forth in the Parent Charter, (b) the Stockholders Agreement among MIHC and the Management Stockholders and Investors party thereto (the “Stockholders Agreement”) and (c) the Registration Rights Agreement among MIHC and
the Investors and Management Stockholders party thereto. Upon such time, the Stockholders Agreement shall be further amended by inserting the words “and/or any of their Transferees” prior to the words “at a price” in
Section 4.7 thereof. 
 8. Additional Actions. If, at any time on or after the Effective Time, the Surviving Corporation or its
successors or assigns shall consider or be advised that any further assignments or assurances in law or any organizational or other acts are necessary or desirable (a) to vest, perfect or confirm, of record or otherwise, in the Surviving
Corporation title to and possession of any property or rights of Merger Sub acquired or to be acquired by reason of, or as a result of, the Merger or (b) otherwise to carry out the purposes of this Agreement, by execution of this Agreement,
Merger Sub and its board of directors shall be deemed to have granted to the Surviving Corporation an irrevocable power of attorney to execute and deliver all such proper deeds, assignments and assurances in law and to do all acts necessary or
proper to vest, perfect or confirm title to and possession of such property or rights in the Surviving Corporation and otherwise to carry out the purposes of this Agreement. 
  

 4 

 9. General. 
 (a) Governing Law. This Agreement shall be governed by, and construed and enforced in accordance with, the laws of the State of Delaware. 
 (b) Complete Agreement; Amendments. This Agreement constitutes the full and complete agreement of the parties hereto with respect to the subject
matter hereof. No amendment, modification or termination of any provision of this Agreement shall be valid unless in writing and signed by all of the parties hereto. 
 (c) Waivers and Further Agreements. Any waiver by any party of a breach of any provision of this Agreement shall not operate or be construed as a waiver of any other breach of that provision or of any other
provision hereof. Each of the parties hereto agrees to execute all such further instruments and documents and to take all such further action as any other party may reasonably require in order to effectuate the terms and purposes of this Agreement.

 (d) Third Parties. Except as expressly provided herein, nothing in this Agreement is intended to confer on any persons, other than
the parties hereto and their successors and permitted assigns, any rights or remedies under or by reason of this Agreement. 
 (e)
Assignment. No party may assign any of its rights or delegate any of its obligations under this Agreement without the prior written consent of the other parties hereto. 
 (f) Counterparts. This Agreement may be executed in any number of counterparts, each of which shall constitute an original, but all of which shall
be deemed one and the same agreement. 
 (g) Captions. Captions of sections have been added only for convenience and shall not be
deemed to control this Agreement. 
 10. Tax Treatment. Parent, Merger Sub and MIHC intend that, for U.S. federal income tax purposes,
the Merger and the other transactions contemplated by this Agreement shall be treated as a contribution by the stockholders of MIHC of shares of MIHC Preferred and MIHC Common Stock to Parent in a transaction to which Section 351 of the Code
applies. 
 [Signature page follows] 
  

 5 

 IN WITNESS WHEREOF, the parties hereto have executed this Agreement and Plan of Merger as of the date
first set forth above. 
  

					
	MIHC MERGER SUB INC.
		
	By:	 	 /s/ Robert Givens

		 	Name:	 	Robert Givens
		 	Title:	 	President and Chief Executive Officer
	
	MONOTYPE IMAGING HOLDINGS CORP.
		
	By:	 	 /s/ Robert Givens

		 	Name:	 	Robert Givens
		 	Title:	 	President and Chief Executive Officer
	
	MONOTYPE HOLDINGS INC.
		
	By:	 	 /s/ Robert Givens

		 	Name:	 	Robert Givens
		 	Title:	 	President and Chief Executive Officer

 [Signature Page to the Agreement and Plan of Merger]

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