Document:

Stock Purchase Agreement with certain stockholders of China Type Design Limited

 Exhibit 10.33 
 EXECUTION VERSION 
 STOCK PURCHASE AGREEMENT 
 This STOCK PURCHASE AGREEMENT (the “Agreement”) is entered into as of July 28, 2006 by and among Monotype Imaging, Inc., a Delaware
corporation (“Buyer”), and each of the shareholders of the Company (as defined hereinafter) listed on Schedule I attached hereto (the “Shareholders”). Capitalized terms shall have the meaning set forth in Section 7,
unless otherwise defined. 
 WITNESSETH 
 WHEREAS, China Type Design Limited, a limited liability company incorporated under the laws of Hong Kong (the “Company”) has an authorized share capital of HK$9,033,758 divided into 10,000 ordinary shares of
HK$1 each and 9,023,758 deferred shares of HK$1 each, all of which have been issued and fully paid up as at the date hereof. 
 WHEREAS, the
Shareholders and the Buyer are the owners of the entire issued share capital of the Company; and 
 WHEREAS, subject to the terms and
conditions hereof, the Shareholders desire to sell to Buyer, and Buyer desires to purchase from the Shareholders, all shares in the Company held by the Shareholders (collectively, the “Shares”). 
 NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereby agree as follows:

 Section 1 - PURCHASE AND SALE OF SHARES 
 1.1 Purchase and Sale of Shares; Closing. 
 (a) Subject to the
terms and conditions of this Agreement and in reliance on the representations, warranties and covenants herein set forth, each Shareholder hereby agrees to sell, transfer and assign to Buyer, and Buyer hereby agrees to purchase from each such
Shareholder, the respective number of Shares set forth opposite the name of such Shareholder on Schedule I hereto for an aggregate purchase price of US$4,293,000 (the “Aggregate Purchase Price”). 
 (b) The Shares shall be sold together with all benefits and rights attached therefore as at the date hereof free and clear of any and all
liens, claims, options, charges pledges, security interest, deeds of trust, voting agreements, voting trusts, encumbrances, rights or restrictions of any nature (“Claims”) but subject to the rights, obligations, preferences and other terms
set forth in the Memorandum and Articles of Association of the Company (the “Charter”) attached as Exhibit A hereto. 
 (c) In addition to the Aggregate Purchase Price, and in connection with the transaction contemplated under this Agreement and the Employment Agreements (as defined herein) and the Consulting Agreement (as defined
herein), Monotype Holdings, 

 
Inc. (“MHI”), on behalf of its wholly-owned subsidiary, the Buyer, shall issue subordinated convertible promissory notes in an aggregate principal
amount of Six Hundred Thousand U.S. Dollars (US$600,000) to each of Chun Tak Chiu Ricky (in the principal amount of Two Hundred Eighty-Five Thousand U.S. Dollars (US$285,000)), Tsui Eddy Wing Keung (in the principal amount of Two Hundred Eighty-Five
Thousand U.S. Dollars (US$285,000)), and Hui Tai Pang Robin (in the principal amount of Thirty Thousand U.S. Dollars (US$30,000)), in substantially the form attached hereto as Exhibits G-1 through G-3 (each, a “Convertible
Note” and, collectively and together with the shares of common stock into which the Convertible Notes are convertible, the “Securities”). 
 (d) The completion of the sale and purchase of the Shares hereunder (the “Closing”) shall take place at the offices of Goodwin Procter LLP, counsel to the Buyer at 10:00 A.M. Boston time on the date hereof
(the “Closing Date”). 
 (e) At the Closing, each Shareholder will deliver or cause to be delivered to Buyer one or
more certificates representing the Shares being sold by such Shareholder as set forth on Schedule I hereto, together with the instrument of transfer and sold note in respect thereof duly executed by such Shareholder, which delivery, sale and
transfer shall be made against payment of the purchase price therefor in accordance with Section 1.2. 
 1.2 Purchase
Price; Escrow. (a) At the Closing, in consideration of the Shares being sold to Buyer by each Shareholder pursuant to this Agreement, Buyer shall pay to each Shareholder such Shareholder’s applicable portion of the Aggregate Purchase
Price for the Shares being purchased by Buyer from such Shareholder hereunder in the amount set forth on Schedule I hereto opposite such Shareholder’s name under the heading “Consideration at Closing” by wire transfer of
immediately available funds to the account(s) designated by such Shareholder (but in any case subject to such Shareholder’s escrow obligations pursuant to Section 1.2(b)). 
 (b) At the Closing, Buyer, the Shareholders and Mellon Trust of New England, N.A. (the “Escrow Agent”), as escrow agent, will
execute an Escrow Agreement, substantially in the form of Exhibit B hereto (the “Escrow Agreement”), in accordance with which the Shareholders will out of the proceeds of the Aggregate Purchase Price received by them from the
Buyer deposit in escrow with the Escrow Agent the aggregate sum of US$1,700,000 (the “Escrow Amount”), with (i) US$566,667 of such Escrow Amount to be held in escrow pursuant to the Escrow Agreement until the first anniversary of the
Closing Date (the “First Escrow Release Amount”), and (ii) the remaining US$1,133,333 of such Escrow Amount to be held in escrow pursuant to the Escrow Agreement until the second anniversary of the Closing Date (the “Second
Escrow Release Amount”), all as more fully set forth in the Escrow Agreement. 

 1.3 Further Assurances. From time to time after the Closing, at the request and cost
of Buyer, and without further consideration, the Shareholders shall execute and deliver further instruments of transfer and assignment and take such other action as Buyer may reasonably require to more effectively carry out the terms and conditions
of, and the transactions contemplated by, this Agreement. 
 1.4 Stamp Duty. All stamp duty and adjudication fee payable
under applicable law in connection with the transfer of the Shares under this Agreement will be borne and paid by Buyer and the Shareholders in equal share. 
 1.5 Assignment of Intellectual Property by Abacus. Prior to the Closing, Abacus Systems Co. Ltd. (“Abacus”) shall have assigned all Intellectual Property Assets (as defined below)
related to the Business (as defined below) owned by Abacus and which are used in, or are necessary for the operation of, the Business to the Company, all in a manner satisfactory to Buyer (the agreements effecting such assignment, collectively, the
“Abacus Assignment Documents”). 
 1.6 Agreement with Creative Calligraphy Center. Prior to the Closing, the
Company and Creative Calligraphy Center (“CCC”) shall have entered into a definitive agreement, in a form satisfactory to Buyer, governing CCC’s provision of services to the Company and addressing ownership of Intellectual Property
Assets in a manner satisfactory to Buyer (the “CCC Agreement”). 
 Section 2 - Representations and Warranties of the
Shareholders 
 In order to induce the Buyer to enter into this Agreement and consummate the transactions contemplated hereby, the
Shareholders, on a joint and several basis, hereby make to Buyer the representations and warranties contained in this Section 2. Such representations and warranties are subject to the qualifications and exceptions set forth in the disclosure
schedule delivered to the Buyer pursuant to this Agreement (the “Disclosure Schedule”). For purposes of this Section 2 unless otherwise indicated, all references to the Company shall include all Subsidiaries (if any) of the Company
and predecessors (if any). References to the knowledge or awareness of the Company are deemed to mean the actual knowledge of the Shareholders after reasonable inquiry. 
 2.1 Organization. The Company is a limited liability company incorporated and validly existing under the laws of Hong Kong with all requisite corporate power and authority to own or lease its
properties and to conduct its business in the manner and in the places where such properties are owned or leased or such business is currently conducted. The Company is duly licensed or qualified to do business in each jurisdiction wherein the
character of its property, or the nature of the activities presently conducted by it, makes such qualification necessary. Since the date of its formation, the Company has conducted its business in accordance with Charter and other constitutional
documents of the Company (collectively, together with the Charter, the “Constitutional Documents”) and none of the activities, agreements, commitments or rights of the Company is ultra vires or unauthorized. The Company does not own or
control, directly or indirectly, any interest in any other corporation, partnership, limited liability company, association or other business entity. 

 2.2 Equity Interests of the Company; Beneficial Ownership. The authorized share
capital of the Company consist solely of (a) Ten Thousand (10,000) ordinary shares, nominal value HK$1.00, all of which have been issued and fully paid-up, and (b) Nine Million Twenty-Three Thousand Seven Hundred Fifty-Eight
(9,023,758) deferred shares, nominal value HK$1.00, all of which have been issued and fully paid-up. Immediately prior to the consummation of the transactions contemplated hereby, the issued shares of the Company will be held and owned legally
and of record (and in respect of the Shares, also beneficially) by the Persons identified in Schedule 2.2 attached hereto and in the amounts indicated thereon. Immediately following the consummation of the transactions contemplated
hereby (but subject to full payment of stamp duty and registration of the transfer of the Shares on the register of shareholders of the Company), all issued share capital of the Company will be held by Buyer, free and clear of any Claims subject to
the rights, obligations and preference and other terms set forth in the Charter. Each Shareholder has title to the Shares set forth opposite its name on Schedule I attached hereto. There are no outstanding subscriptions, options, warrants,
commitments, preemptive rights, agreements, arrangements or commitments of any kind relating to the issuance or sale of, or outstanding securities convertible into or exercisable or exchangeable for, shares of capital stock of, or any other equity
interests of the Company. 
 2.3 Authority. 
 (a) The Company has full right, authority and power to enter into the Transaction Documents executed and delivered by the Company pursuant
to, in connection with, or as a condition to, this Agreement and to carry out the transactions contemplated hereby and thereby. The execution, delivery and performance by the Company of each Transaction Document to which it is a party have been duly
authorized by all necessary action of the Company and its directors and shareholders and no other action on the part of the Company or any of its directors or shareholders is required in connection therewith. For purposes of this Agreement,
“Transaction Documents” means the Employment Agreements, the Consulting Agreement, the Abacus Assignment Documents, and the Escrow Agreement. 
 (b) The execution, delivery and performance of this Agreement and the Transaction Documents and the consummation of the transactions contemplated hereby and thereby, do not and will not violate, conflict with or
otherwise result in the breach or violation of any of the terms and conditions of, or constitute (or with notice or lapse of time or both would constitute) a default under (a) the Constitutional Documents, (b) any material instrument,
contract or other agreement to which the Company is a party or by which it is bound or to which it is subject (subject to the receipt of required consents, waivers or approvals of applicable third parties, each of which is listed on Schedule
2.3(b)), or (c) any law or statue or any rule, regulation, order, judgment, injunction, award or decree of any court, arbitrator or governmental or regulatory body against or binding upon or applicable to the Company or the Business.

 (c) This Agreement and all agreements, documents and instruments executed and delivered by any Shareholder pursuant or as a
condition hereto, or in connection herewith, including, without limitation, the Instrument of Transfer attached hereto as Exhibit E, the Bought and Sold Note attached hereto as Exhibit F and any 

 
Transaction Document to which such Shareholder is a party, are valid and binding obligations of such Shareholder enforceable in accordance with their
respective terms. Such Shareholder has full right, authority, power and capacity to enter into this Agreement and all agreements, documents and instruments executed and delivered by such Shareholder pursuant or as a condition hereto, or in
connection herewith, including, without limitation, any Transaction Document to which such Shareholder is a party, and to carry out the transactions contemplated hereby and thereby. The execution, delivery and performance by such Shareholder of this
Agreement and all agreements, documents and instruments executed and delivered by such Shareholder pursuant or as a condition hereto, or in connection herewith, including, without limitation, any Transaction Document to which such Shareholder is a
party, and the performance of the transactions contemplated by this Agreement and such other agreements, documents and instruments do not: (i) violate or result in a violation of, conflict with or constitute or result in a violation of or
default (whether after the giving of notice, lapse of time or both) or loss of benefit under any provision of such Shareholder’s organizational, constitutional or trust documents, if applicable, or cause the creation of any Claim upon any of
the assets or shares of capital stock of, or other equity interests of, the Company; (ii) violate or result in a violation of, or constitute a default (whether after the giving of notice, lapse of time or both) under, any provision of any law,
regulation or rule, or any order of, or any restriction imposed by, any court or governmental agency applicable to the Company or such Shareholder; (iii) require from the Company, any of its Subsidiaries or such Shareholder any notice to,
declaration or filing with, or consent or approval of, any governmental authority or other third party, or (iv) violate or result in a violation of, conflict with or constitute or result in a violation of or default (whether after the giving of
notice, lapse of time or both) under, accelerate any obligation under, or give rise to a right of termination of, any material, contract, agreement, permit, license, authorization, indebtedness or other obligation to which the Company, any of its
Subsidiaries or such Shareholder is a party or by which the Company, its assets or the Shares held by such Shareholder are bound. 
 2.4
Financial Statements 
 (a) The Company has delivered to the Buyer the following financial statements
(the “Financial Statements”): 
 (i) Audited, consolidated balance sheets of the Company for its fiscal years ended
March 31, 2002 through March 31, 2005 and consolidated statement of income and member’s equity (deficit) and the consolidated statement of cash flows for the four (4) years then ended, certified by Y.Y. Chui & Co.
Certified Public Accountants. 
 (ii) An unaudited consolidated balance sheet of the Company as of June 30, 2006 (the
“Base Balance Sheet”) and consolidated statement of income and member’s equity (deficit) and the consolidated statement of cash flows for the period then ended, certified by a director of Company. 
 The Financial Statements relating to the fiscal year ended March 31, 2005 and the Base Balance Sheet are attached hereto as
Schedule 2.5. 

 (b) The Financial Statements were prepared under the historical cost convention and in
accordance with all applicable Statements of Standard Accounting Practice and Interpretations issued by the Hong Kong Institute of Certified Public Accountants (“SSAP”) applied on a consistent basis, are consistent in all material respects
with the books and records of the Company and fairly present the financial position of the Company as of the dates thereof and the results of operations and cash flows of the Company for the periods shown therein, subject to normal and recurring
period end adjustments in the case of any such Financial Statements that are unaudited; provided, however, that any such normal and recurring period end adjustments will not have a Material Adverse Effect on the Company or the
financial results, results of operations and/or cash flows thereof reported in such unaudited Financial Statements. Nothing has come to the attention of the Shareholders since such respective dates that would indicate that such Financial Statements
are not true and correct in all material respects as of the date thereof. 
 2.5 Title to Assets. The Company has good
and transferable title of record to all of its owned real property (if any) and a valid and enforceable leasehold interest in all of its leased real property, free and clear of all Claims. The Company has good title to or a valid and enforceable
leasehold interest in all personal property used in the Business and the same is in good condition and repair in all material respects (ordinary wear and tear excepted). The Company is not in violation of any zoning, building or safety ordinance,
regulation or requirement or other law or regulation applicable to the operation of its owned or leased properties, nor has the Company received written notice of any violation with which it has not complied in all material respects. 
 2.6 Taxes. The Company has timely and properly filed all federal, state, local and foreign tax returns required to be filed by it
through the date hereof, and all such tax returns filed by the Company are true, correct and complete in all material respects. The Company has paid or caused to be paid all Taxes required to be paid by it through the date hereof whether disputed or
not, except Taxes which have not yet accrued or otherwise become due. The provisions for Taxes in the Base Balance Sheet are sufficient as of its date for the payment of any accrued and unpaid Taxes of any nature of the Company and since the date of
the Base Balance Sheet the Company has incurred no Taxes other than in the ordinary course of its business. 
 2.7 Accounts
Receivable; Accounts Payable 
 (a) All of the accounts receivable of the Company are valid and enforceable
claims, are, to the Company’s knowledge, subject to no set-off or counterclaim, and are fully collectible in the normal course of business, after deducting the reserve for doubtful accounts stated in the Base Balance Sheet, which reserve is in
accordance with the historical cost convention and in accordance with SSAP. Since the date of the Base Balance Sheet, the Company has collected its accounts receivable in the ordinary course of its business and in a manner which is consistent with
past practices and has not accelerated any such collections. The Company does not have any accounts receivable or loans receivable from any person which is affiliated with it or any of its directors, officers, employees or shareholders. 

 (b) All accounts payable and notes payable of the Company arose in bona fide arm’s
length transactions in the ordinary course of business and no such account payable or note payable is delinquent in its payment. Since the date of the Base Balance Sheet, the Company has paid its accounts payable in the ordinary course of its
business and in a manner which is consistent with its past practices. The Company has no account payable to any person which is affiliated with it or any of its directors, officers, employees or shareholders. 
 2.8 Absence of Undisclosed Liabilities. Except as explicitly accrued for on the Base Balance Sheet, as set forth on Schedule
2.8 or as a result of the operation of the Company’s business in the ordinary course (in a manner consistent with past practices), the Company does not have any liability or obligation of any nature, whether accrued, absolute or contingent,
asserted or unasserted. 
 2.9 Absence of Certain Developments. Since March 31, 2005, except as set forth on
Schedule 2.9 attached hereto, the Company has conducted its business only in the ordinary course consistent with past practice and, except for general industry and economic conditions, there has been no adverse change in the condition
(financial or otherwise) of the Company or in the assets, liabilities or Business of the Company. 
 2.10 Intellectual
Property 
 (a) Schedule 2.10(a) attached hereto contains a complete and accurate list of all
Patents owned by the Company or otherwise used by the Company in the Business (“the Company Patents”), Marks owned by the Company or otherwise used by the Company in the Business (“the Company Marks”) and Copyrights owned by the
Company or otherwise used by the Company in the Business (“the Company Copyrights”) other than “off-the-shelf” software used by the Company in the Business. Except as set forth on Schedule 2.10(a) attached hereto:

 (i) The Company exclusively owns or possesses adequate and enforceable rights to use, without payment to a third party, all
of the Intellectual Property Assets which, to the Company’s knowledge, are necessary for the operation of the Business, free and clear of all Claims. 
 (ii) All the Company Patents, the Company Marks and the Company Copyrights owned by the Company which are issued by or registered with, as applicable, the U.S. Patent and Trademark Office, the U.S. Copyright Office or
in any similar office or agency anywhere in the world are currently in compliance with formal legal requirements (including without limitation, as applicable, payment of filing, examination and maintenance fees, proofs of working or use, timely
post-registration filing of affidavits of use and incontestability and renewal applications) and are valid and enforceable. 
 (iii) There are no pending or threatened claims against the Company, the Shareholders or, to the Company’s knowledge, any of its employees alleging that any of the Company Intellectual Property Assets or the Business infringes or
conflicts with the rights of others under any Intellectual Property Assets (“Third Party Rights”). 

 (iv) Neither the Business nor any of the Company Intellectual Property Assets owned by
the Company infringes or conflicts with any Third Party Right. 
 (v) The Company has not received any communications alleging
that the Company has violated or, by conducting the Business, would violate any Third Party Rights or that any of the Company Intellectual Property Assets is invalid or unenforceable. 
 (vi) No current or former employee or consultant of the Company owns any rights in or to any of the Company Intellectual Property Assets.

 (vii) The Company is not aware of any violation or infringement by a third party of any of the Company Intellectual
Property Assets. 
 (viii) The Company has taken reasonable security measures to protect the secrecy and confidentiality of
all Trade Secrets used in the Business (“the Company Trade Secrets”), including, without limitation, requiring all the Company employees and consultants and all other persons with access to the Company Trade Secrets to execute a binding
confidentiality agreement, copies or forms of which have been provided to the Buyer, and, to the Company’s knowledge, there has not been any breach by any party to such confidentiality agreements. 
 (b) Schedule 2.10(b)(i) attached hereto contains a complete and accurate list of all third party-software used in the Business
whether the license for such software is in the name of the Company. Except as set forth on Schedule 2.10(b)(ii) attached hereto, the Company’s use of any such software does not violate the rights of any such third party or the
terms of the applicable licenses. 
 2.11 Litigation. There is no litigation or governmental or administrative
proceeding or investigation pending or, to the knowledge of the Company, threatened against the Company, or affecting the properties or assets of the Company, or, as to matters related to the Company, against any officer, director, shareholder or
key employee of the Company in their respective capacities in such positions, nor, to the knowledge of the Company, has there occurred any event nor does there exist any condition on the basis of which any such claim may be asserted. 
 2.12 Employment Matters. 
 (a) Except as set forth on Schedule 2.12 attached hereto, the Company does not have in effect any employment agreements, consulting agreements, deferred compensation, pension or retirement agreements or
arrangements, bonus, severance, incentive or profit-sharing plans or arrangements, or labor or collective bargaining agreements, written or oral. The Company is in compliance in all material respects with all applicable laws and regulations relating
to labor, employment, fair employment practices, terms and conditions of employment, and wages and hours. Except as set forth on Schedule 2.12 attached hereto, upon termination of the employment of any employees, the Company will not be
obligated to provide advance notice of termination of employment or 

 
be liable to any such employees for so-called “severance pay” or retiree health benefits. The Company is in material compliance with the terms of
all employee benefit plans, programs and agreements (“Employee Plans”), including, without limitation, those plans, programs and agreements listed on Schedule 2.12 attached hereto, and each such Employee Plan is in compliance,
in all material respects, with all applicable laws and regulations. Except as set forth on Schedule 2.12 attached hereto, each Employee Plan is terminable in the discretion of the Company without liability to the Company upon or
following such termination. With respect to each Employee Plan, all required filings have been timely filed. 
 (b) the
Company employs approximately twelve (12) full-time employees. The Company is not delinquent in payments to any of its employees for any wages, salaries, commissions, bonuses or other direct compensation for any services performed for the
Company as of the date hereof or any amounts required to be reimbursed to such employees. Except as set forth on Schedule 2.12 attached hereto, there are no charges of employment discrimination, wrongful termination, sexual harassment,
breaches of express or implied employment arrangements, or unfair labor practices, nor are there any strikes, slowdowns, stoppages or work, or any other concerted interference with normal operations, existing, pending or, to the Company’s
knowledge, threatened against or involving the Company. There are no grievances, complaints or charges that have been filed against the Company under any dispute resolution procedure (including, but not limited to, any proceedings under any dispute
resolution procedure under any collective bargaining agreement) and no claim therefore has been asserted. 
 2.13 Approvals;
Compliance with Laws. The Company has all franchises, authorizations, approvals, orders, consents, licenses, certificates, permits, registrations, qualifications or other rights and privileges (collectively “Approvals”) necessary
to permit it to own its properties and to conduct the Business as it is presently conducted and all such Approvals are valid and in full force and effect. No Approval is subject to termination as a result of the execution of this Agreement or
consummation of the transactions contemplated hereby. Save for any act which may amount to violation of any applicable law which the Buyer has knowledge of prior to the signing of this Agreement, the Company is now and has heretofore been in
compliance with all applicable statutes, ordinances, orders, rules and regulations promulgated by any U.S. federal, state, municipal, non-U.S. or other governmental authority, which apply to the conduct of the Business by the Company. The Company
has never entered into or been subject to any judgment, consent decree, compliance order or administrative order with respect to any aspect of the business, affairs, properties or assets of the Company, or received any request for information,
notice, demand letter, administrative inquiry or formal or informal complaint or claim from any regulatory agency with respect to any aspect of the business, affairs, properties or assets of the Company. 
 2.14 Working Capital. As of immediately following the Closing (and after giving effect to the consummation of all the transactions
contemplated hereby), the Company has cash and cash equivalents of not less than HK$6,771,096 (equivalent to approximately US$871,825) and has working capital (defined as current assets minus current liabilities) of not less than
HK$8,669,812 (equivalent to approximately US$1,116,294), in each case determined in accordance with SSAP in a manner consistent with past practices. 

 2.15 Investments in Competing Business. Each of the Shareholders has, prior to the
Closing, divested himself of all investments in any Competing Business (as defined below), including, without limitation, any investment or ownership interest in Ascender Corporation, and no portion of any such investment or ownership interest was
divested to, or is currently held by, any Affiliate of any Shareholder. The Shareholders’ divestiture of their investment in, or ownership interest in, Ascender Corporation was consummated in accordance with the documentation previously
provided to Buyer. 
 Section 3 - Representations and Warranties of Buyer 
 In order to induce the Company and the Shareholders to enter into this Agreement, Buyer represents and warrants to the Shareholders as follows:

 3.1 Organization. Buyer is a corporation duly organized, validly existing and in good standing under the laws of
Delaware with full corporate power to own and lease its properties and to conduct its business in the manner and in the places where such properties are owned or leased and or such business is conducted by it. 
 3.2 Authority. Buyer has full right, authority and power to enter into this Agreement and each Transaction Document executed and
delivered by it pursuant to this Agreement and to carry out the transactions contemplated hereby and thereby. The execution, delivery and performance by Buyer of this Agreement and each Transaction Document to which it is a party have been duly
authorized by all necessary action thereof and no other action on the part thereof is required in connection therewith. This Agreement and each Transaction Document executed and delivered by Buyer pursuant to this Agreement constitute, or when
executed and delivered will constitute, valid and binding obligations thereof enforceable against it in accordance with their terms, except as the enforcement thereof may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or
similar laws affecting the rights of creditors and subject to general principles of equity. The execution, delivery and performance by Buyer of this Agreement and each Transaction Document to which Buyer is a party: (a) do not and will not
violate any provision of Buyer’s certificate of incorporation or bylaws, (b) do not and will not violate any laws of the United States or of any state or any other jurisdiction applicable to Buyer or require Buyer to obtain any approval,
consent or waiver of, or make any filing with, any person or entity (governmental or otherwise) which has not been obtained or made; and (c) do not and will not result in a breach of, constitute a default under, accelerate any obligation under,
or give rise to a right of termination of any indenture, loan or credit agreement, or any other agreement, mortgage, lease, permit, order, judgment or decree to which Buyer is a party and which is material to the business and financial condition
thereof. 
 3.3 Royalty Payments. 
 Buyer has paid to the Company all royalty and other payments for all products or services provided by the Company prior to Closing. 

 Section 4 - Indemnification 
 4.1 Survival of Representations, Warranties and Covenants. 
 All representations, warranties, covenants, and agreements of the Shareholders and Buyer made in this Agreement (and if applicable, in the Disclosure Schedule delivered to the Buyer) (i) shall be deemed to have
been relied upon by the party or parties to whom they are made, and shall survive the Closing regardless of any investigation on the part of such party or its representatives and (ii) shall bind the parties’ successors and assigns
(including, without limitation, any successor of any party by way of acquisition, merger or otherwise), whether so expressed or not, and, except as otherwise provided in this Agreement, all such representations, warranties, covenants and agreements
shall inure to the benefit of the parties and their respective successors and assigns, whether so expressed or not. 
 4.2
Obligation to Indemnify. 
 (a) Each of the Shareholders jointly and severally, on his, her or its
own behalf and on behalf of his, her or its successors, executors, administrators, estate, heirs and assigns (collectively, for the purposes of this Section 4.2, the “Indemnifying Parties”, and each individually, an “Indemnifying
Party”) agrees, to defend, indemnify and hold Buyer, harmless from and against any and all damages, liabilities, losses, claims, diminution in value, obligations, liens, assessments, judgments, Taxes, fines, penalties, reasonable costs and
expenses (including, without limitation, reasonable fees of a single counsel), as the same are incurred, of any kind or nature whatsoever (whether or not arising out of third-party claims and including all amounts paid in investigation, defense or
settlement of the foregoing including any consequential damages) (“Losses”) which may be sustained or suffered by Buyer based upon, arising out of, or by reason of any of the following: 
 (i) any inaccuracy in, or any breach of, any representation, warranty or agreement of any Shareholder contained in this Agreement; or

 (ii) any liability which (A) is not stated or adequately reserved against on the Base Balance Sheet, (B) does not
constitute a normal and recurring operating liability incurred in the ordinary course of business, or (C) is not disclosed in Schedule 2.8 of the Disclosure Schedule, and, in each case, which was incurred prior to, or as a result of any
event or circumstance occurring or existing prior to, the Closing. 
 (b) Buyer agrees to defend, indemnify and hold the
Shareholders harmless from and against any and all Losses which may be sustained or suffered by any Shareholder based upon, arising out of or by reason of any breach of any representation, warranty or agreement of Buyer contained in this Agreement.

 4.3 Set Off; Exclusivity of Remedies. 
 (a) Notwithstanding anything to the contrary herein, but subject nevertheless to Section 4.4, Buyer shall only be entitled to recover
any indemnification payment for Losses hereunder by holding back and set off the amount of such payment against the Second Escrow Release Amount. 

 (b) In the absence of fraud or intentional misrepresentation, after the Closing, the
indemnification rights in this Section 4 are the sole and exclusive monetary remedies of the parties with respect to this Agreement and the transactions contemplated hereby; provided that nothing in this Section 4.3 shall limit the rights
of the parties hereto to equitable remedies of specific performance. 
 4.4 Limitations on claims for
indemnification. 
 (a) Limitation of Liability. Notwithstanding anything in this Agreement to the
contrary, only the Shareholders who, immediately prior to the Closing Date, owned more than five percent (5%) of the Shares shall be liable to Buyer for any claims for indemnification pursuant to this Section 4; provided,
however, that the limitations set forth in this sentence shall not apply with respect to breaches of any representations or warranties made in Sections 2.2, 2.3 or 6 of this Agreement. 
 (b) Time Limitations. Except for claims for indemnification relating to any breach of any representation or warranty contained in
Sections 2.2, 2.3 or 6 and 2.3, there shall be no liability for indemnification under this Section 4 for any claim for indemnification hereunder against any Shareholder unless such claim shall be made within two (2) years of the Closing
Date. 
 (c) Further Limitations. 
 (i) No claim for indemnification pursuant to this Section 4 or any Losses referred to therein shall be brought against Buyer or any
Shareholder unless the amount that would otherwise be recoverable from such Shareholder or Buyer (as applicable) in respect of such claim exceeds US$10,000.00, in which case Buyer or such Shareholder (as applicable) shall only be liable for amounts
in excess of US$10,000.00. 
 (ii) Except for claims for indemnification relating to any breach of any representation or
warranty contained in Sections 2.2, 2.3 and 6, no Shareholder shall be liable in respect of claims for indemnification pursuant to this Section 4 or any Losses referred to therein, for any amount, when aggregated with all such claims made
against all Shareholders, in excess of US$250,000. 
 (iii) Buyer shall not be liable in respect of claims for indemnification
pursuant to this Section 4 or any Losses referred to therein, for any amount, when aggregated with all such claims made against Buyer, in excess of US$250,000. 
 (iv) Neither Buyer nor any Shareholder may bring a claim for indemnification under this Section 4 if it does not believe in good
faith that it is entitled to indemnification hereunder. 

 4.5 Notice of claims of indemnification. 
 Any notice in relation to a claim for indemnification must be given in the manner set forth in Section 8 hereof (“Indemnification Notice”). An
Indemnification Notice must be delivered to each Shareholder even if the claim for indemnification is brought by Buyer against a particular Shareholder. 
 Section 5 - Post-Closing Covenants 
 5.1 Non-Competition; Non-Solicitation;
Confidentiality. 
 (a) Non Competition. From and after the Closing and until the fifth
(5th) anniversary thereof (the “Restricted Period”), without the prior written consent of Buyer, no Shareholder, nor any of its successors or assigns, shall, for any reason, whether directly or indirectly, through any Subsidiary,
Affiliate or otherwise, as shareholder, member, manager, partner, employee, consultant, director or otherwise, engage, participate, or invest in any business that engages or participates, in any Competing Business (as defined below) anywhere in the
world. 
 For purposes of this Agreement, the term “Competing Business” shall mean any business or other Person that
hosts, sells, develops or otherwise offers (i) any Embedded Technology (as defined below) or tools that directly support, develop or enhance any Embedded Technology, or are specifically intended to enhance tools that are utilized in the
development process of the Embedded Technology (whether as products or through related services) to any original equipment manufacturer (each, an “OEM”) or original design and manufacturer (each, an “ODM”), including, without
limitation, any rendering or layout technologies, fonts or productivity tools to any OEM or ODM that services the Printer, Mobile, Set Top Box, Digital TV, or other consumer electronics markets (each, a “Competing Market Segment”), or
(ii) stand alone typefaces via online, direct to enterprise, or other sales activities relating thereto to any stand alone typeface. Notwithstanding anything in this Section 5.1(a) to the contrary, “Competing Business” shall
not include any business of Abacus existing on the date hereof that hosts, sells, develops or otherwise offers component layout and rendering technologies or productivity tools as of the date hereof provided that such products are sold as an
integrated component of a system and not sold or offered in any Competing Market Segment. For purposes of this Agreement, the term “Embedded Technology” means any technology offering that is, or is intended to be, licensed to an OEM
or ODM (whether a current or future customer) that services a Competing Market Segment for integration to a hardware product or software platform intended for eventual integration into a hardware product developed and distributed by such OEM or ODM.

 (b) Non-Solicitation. During the Restricted Period, without the prior written consent of Buyer, no Shareholder,
nor any of its successors or assigns, shall, for any reason, whether directly or indirectly, through any Subsidiary, Affiliate or otherwise, as shareholder, member, manager, partner, employee, consultant, director or otherwise, engage, participate,
or invest in any business that engages or participates, in (i) soliciting, hiring, employing, engaging, calling upon, or diverting whether as an employee, officer, 

 
director, agent, consultant or independent contractor, any employee, officer, director, agent, consultant, independent contractor, supplier or vendor of
Buyer or the Company, or (ii) soliciting, calling upon or diverting, any customer or client (whether a customer or client on the date hereof or in the future) of the Business, the Company or the Buyer that is a business unit within an OEM or
ODM that is responsible for the development, design, manufacture, support, or finish product integration of a hardware platform, platform software, or component architecture. 
 (c) Confidentiality. Each Shareholder agrees that it will not disclose to any Person other than representatives of Buyer or the
Company any information of a confidential or proprietary nature relating to any products, properties, methods, designs, know-how, inventions, improvements, trade secrets, suppliers, customers, or customers’ requirements relating to the
Business, the Company or to Buyer’s business. 
 (d) Modification if Unenforceable. The parties hereto agree and
acknowledge that if any provision of this Section 5.1 is held to be invalid or unenforceable for any reason, such provision shall, to the extent permitted by law, be adjusted (rather than voided) to achieve the intent of the parties hereto to
have the widest possible non-competition or non-solicitation covenant with respect to the matters covered by such provision. 
 5.2
Investment in Public Companies. Sections 2.15 and 5.1 shall not apply to any investment in not more than five percent (5%) of the issued shares of any company listed on an internationally reorganized stock exchange.

 Section 6 - Compliance with Securities Laws 
 Each Shareholder hereby severally (but not jointly) represents and covenants, as applicable, to the Buyer as to itself, and not as to any other Shareholder, as follows: 
 6.1 Investment Intent of Shareholder. Each Shareholder represents and warrants, severally as to itself, to the Buyer that it
is acquiring the Convertible Note, as applicable, for its own account, with no present intention of selling or otherwise distributing the same. 
 6.2 Status of Securities. Each Shareholder has been informed by the Buyer that none of the Securities have been nor will be registered under the United States Securities Act of 1933, as amended (the
“Securities Act”) or under any state securities laws and are being offered and sold in reliance upon federal and state exemptions for transactions not involving any public offering. 
 6.3 Sophistication and Financial Condition of Shareholders. Each Shareholder represents and warrants to the Buyer that it is
(i) an Accredited Investor (as defined in Regulation D promulgated under the Securities Act), or (ii) a non-U.S. Person (as defined below), and in either case, that it is an experienced and sophisticated investor and has such knowledge and
experience in financial and business matters as are necessary to evaluate the merits and risks of an investment in the Securities. 

 6.4 Legend. Each of the Securities shall be imprinted with a legend
substantially in the following form: 
 THE SECURITIES REPRESENTED HEREBY HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS
AMENDED (THE “ACT”) OR ANY STATE SECURITIES OR BLUE SKY LAWS AND MAY NOT BE OFFERED, SOLD, TRANSFERRED, HYPOTHECATED OR OTHERWISE ASSIGNED EXCEPT (A) (1) PURSUANT TO A REGISTRATION STATEMENT WITH RESPECT TO SUCH SECURITIES WHICH
IS EFFECTIVE UNDER THE ACT, (2) PURSUANT TO THE PROVISIONS OF REGULATION S PROMULGATED UNDER THE ACT (“REGULATION S”) OR (3) PURSUANT TO AN AVAILABLE EXEMPTION FROM REGISTRATION UNDER THE ACT RELATING TO THE DISPOSITION OF
SECURITIES AND (B) IN ACCORDANCE WITH APPLICABLE STATE SECURITIES AND BLUE SKY LAWS. HEDGING TRANSACTIONS INVOLVING REGULATION S SECURITIES MAY NOT BE CONDUCTED UNLESS IN COMPLIANCE WITH THE ACT. 
 6.5 Exculpation Among Shareholders. Each Shareholder acknowledges that it is not relying upon any person, firm or corporation
(including without limitation any other Shareholder), other than the Buyer and its officers and directors, in making its investment or decision to invest in MHI. Each Shareholder agrees that no other Shareholder (acting in such capacity) nor the
respective controlling persons, officers, directors, partners, agents or employees of any such other Shareholder shall be liable to any other Shareholder in connection with this investment for any action taken or omitted to be taken by any of them
prior to the date hereof in connection with the Securities. 
 6.6 Regulation S Restrictions. 
 (a) Each Shareholder who is not a “U.S. person” as such term is defined in Rule 902(k) of Regulation S of the Securities Act (a
“Non-U.S. Person”) hereby (i) certifies that he, she or it is a Non-U.S. Person and is not acquiring the Securities for the account or benefit of a “U.S. person” (as such term is defined in Rule 902(k) of Regulation S of the
Securities Act); (ii) agrees that any resale of the Securities purchased by he, she or it (as applicable) shall be in accordance with the provisions of Regulation S of the Securities Act, pursuant to registration under the Securities Act or
pursuant to an available exemption from registration; (iii) agrees not to engage in any hedging transactions with regard to such Securities unless in compliance with the Securities Act; (iv) represents that it has satisfied itself as to
the compliance in all material respects by it with the laws of its jurisdiction required to be complied with by it in connection with any invitation by MHI to it to subscribe for the Securities, including (A) the legal requirements within its
jurisdiction for the purchase of the Securities by it; (B) any foreign exchange restrictions applicable to it; (C) any governmental or other consents that may need to be obtained by it and (D) the income tax and other tax consequences
to it, if any, that may be relevant to the purchase, holding, redemption, sale, or transfer of the shares of the Securities; and (v) to its knowledge, its subscription and payment for and continued beneficial ownership of the Securities will
not violate any securities or other laws of the jurisdictions that are applicable to it. 

 (b) Each Shareholder agrees that, to the extent necessary pursuant to Regulation S of the
Securities Act, MHI may refuse to register any transfer of the Securities not made in accordance with the provisions of such Regulation S, pursuant to registration under the Securities Act or pursuant to an available exemption from registration.

 Section 7 - Definitions 
 7.1 Certain Definitions. For purposes of this Agreement, the following terms shall have the following meanings: 
 (a) “Affiliate” of a Person means (i) with respect to a Person, any member of such Person’s family (including any child, step-child, parent, step-parent, spouse, sibling, mother-in-law,
father-in-law, son-in-law, daughter-in-law, brother-in-law or sister-in-law); (ii) with respect to an entity, any officer, director, manager, member, shareholder, partner, or investor in such entity or of or in any affiliate of such entity; and
(iii) with respect to a Person or entity, any Person or entity which directly or indirectly controls, is controlled by, or is under common control with such Person or entity. 
 (b) “Business” means the business of the Company as currently conducted. 
 (c) “Consulting Agreement” means the Consulting Agreement executed by Abacus and the Company substantially in the form attached
hereto as Exhibit C. 
 (d) “Control” (including the terms “controlled by” and “under
common control with”) means the possession, directly or indirectly, or as trustee or executor, of the power to direct or cause the direction of the management policies of a Person, whether through the ownership of stock, as trustee or executor,
by contract or credit arrangement or otherwise; 
 (e) “Copyrights” means, collectively, copyrights in both
published and unpublished works, including, without limitation, all compilations, databases and computer programs, manuals and other documentation and all copyright registrations and applications, and all derivatives, translations, adaptations and
combinations of the above. 
 (f) “Employment Agreements” means, collectively, the Employment agreements executed by
the Company and each of Chun Tak Chiu Ricky and Hui Tai Pang Robin, substantially in the forms attached hereto as Exhibits D-1 and D-2 respectively, together with any and all exhibits and attachments thereto. 
 (g) “Intellectual Property Assets” means, collectively, Patents, Marks, Copyrights, Trade Secrets and any goodwill, franchises,
licenses, permits, consents, other Approvals, and claims of infringement against third parties. 

 (h) “Marks” means, collectively, trade names, trade dress, logos, packaging
design, slogans, Internet domain names, registered and unregistered trademarks and service marks and related registrations and applications for registration. 
 (i) “Material Adverse Effect” means a material adverse effect on the properties, business, prospects, assets or financial
condition of the applicable party. 
 (j) “Patents” means, collectively, patents, patent applications, patent
rights, and inventions and discoveries and invention disclosures (whether or not patented). 
 (k) “Person” means an
individual, corporation, limited liability company, partnership, association, trust, any unincorporated organization or any other entity; 
 (l) “Company Intellectual Property Assets” means all Intellectual Property Assets owned by the Company or used by the Company in the Business. “Company Intellectual Property Assets” includes,
without limitation, the Company Patents, the Company Marks, the Company Copyrights and the Company Trade Secrets. 
 (m)
“Subsidiary” of a Person means any corporation more than fifty percent (50%) of whose outstanding voting securities, or any partnership, limited liability company joint venture or other entity more than fifty percent (50%) of
whose total equity interest, is directly or indirectly owned by such Person. 
 (n) “Taxes” means all federal,
state, local, foreign and other taxes, including without limitation, income taxes, estimated taxes, alternative minimum taxes, excise taxes, sales taxes, franchise taxes, employment and payroll related taxes, withholding taxes, transfer taxes, and
all deficiencies, or other additions to tax, interest, fines and penalties. 
 (o) “Trade Secrets” means,
collectively, know-how, trade secrets, confidential or proprietary information, research in progress, algorithms, data, designs, processes, formulae, drawings, schematics, blueprints, flow charts, models, strategies, prototypes, techniques, Beta
testing procedures and Beta testing results. 
 Section 8 - Miscellaneous 
 8.1 Fees and Expenses. Except as explicitly set forth herein, each of the parties will bear its own expenses in connection
with the negotiation and the consummation of the transactions contemplated by this Agreement or any Transaction Document, including, without limitation, legal, accounting or other professional expenses. 
 8.2 Governing Law; Jurisdiction; Venue 
 (a) This Agreement shall be construed under and governed by the internal laws of the State of New York without regard to its conflict of
laws provisions. 

 (b) TO THE EXTENT THAT EITHER PARTY SEEKS JUDICIAL INTERVENTION IN RESPECT OF ANY
DISPUTES, CLAIMS, OR CONTROVERSIES ARISING OUT OF OR RELATING TO THIS AGREEMENT OR ANY OTHER TRANSACTION DOCUMENTS OR THE NEGOTIATION, VALIDITY OR PERFORMANCE HEREOF AND THEREOF OR THE TRANSACTIONS CONTEMPLATED HEREBY AND THEREBY, EACH OF THE
PARTIES HERETO HEREBY CONSENTS TO THE EXCLUSIVE JURISDICTION OF ALL STATE AND FEDERAL COURTS LOCATED IN NEW YORK CITY, NEW YORK, AS WELL AS TO THE JURISDICTION OF ALL COURTS TO WHICH AN APPEAL MAY BE TAKEN FROM SUCH COURTS, FOR THE PURPOSE OF ANY
SUIT, ACTION OR OTHER PROCEEDING ARISING OUT OF, OR IN CONNECTION WITH, THIS AGREEMENT OR THE TRANSACTION DOCUMENTS. EACH PARTY HEREBY EXPRESSLY WAIVES ANY AND ALL RIGHTS TO BRING ANY SUIT, ACTION OR OTHER PROCEEDING IN OR BEFORE ANY COURT OR
TRIBUNAL OTHER THAN THE COURTS DESCRIBED ABOVE. 
 (c) EACH OF THE PARTIES HERETO HEREBY EXPRESSLY WAIVES ANY AND ALL
OBJECTIONS IT MAY HAVE TO VENUE, INCLUDING, WITHOUT LIMITATION, THE INCONVENIENCE OF SUCH FORUM, IN ANY OF THE COURTS DESCRIBED IN SECTION 8.2(b) HEREOF. IN ADDITION, EACH OF THE PARTIES CONSENTS TO THE SERVICE OF PROCESS BY PERSONAL SERVICE OR
ANY MANNER IN WHICH NOTICES MAY BE DELIVERED HEREUNDER IN ACCORDANCE WITH SECTION 8.3 HEREOF. 
 8.3
Notices. Any notice, request, demand or other communication required or permitted hereunder shall be in writing and shall be deemed to have been given if delivered or sent by facsimile transmission, upon receipt, or if sent by
registered or certified mail, upon the sooner of the date on which receipt is acknowledged or the expiration of seven (7) days after deposit in the postal service properly addressed with postage prepaid. All notices to a party will be sent to
the addresses set forth below or to such other address or person as such party may designate by notice to each other party hereunder: 
  

			
	 to Buyer:
	  	Monotype Imaging, Inc.
		  	500 Unicorn Drive
		  	Woburn, MA 01801
		  	Facsimile No.: (781) 970-6001
		  	Attn: Chief Financial Officer
		
	 With a copy to:
	  	Goodwin, Procter LLP
		  	Exchange Place
		  	Boston, MA 02109
		  	Facsimile No.: (671) 523-1231
		  	Attn: Jeffrey C. Hadden
		
	To any Shareholder	  	In accordance with the notice information set forth on such Shareholder’s signature page hereto.

 Any notice given hereunder may be given on behalf of any party by his counsel or other authorized representatives.

 8.4 Entire Agreement. This Agreement, including the schedules, appendices and exhibits referred to herein and
the other writings specifically identified herein or contemplated hereby, is complete, reflects the entire agreement of the parties with respect to its subject matter, and supersedes all previous written or oral negotiations, commitments and
writings. No promises, representations, understandings, warranties and agreements have been made by any of the parties hereto except as referred to herein or in such schedules, appendices and exhibits or in such other writings; and all inducements
to the making of this Agreement relied upon by either party hereto have been expressed herein or in such schedules, appendices or exhibits or in such other writings.  
 8.5 Assignability; Binding Effect. This Agreement may not be assigned by any party without the prior written consent of the
other parties. Subject to the foregoing, this Agreement shall be binding upon and enforceable by, and shall inure to the benefit of, the parties hereto and their respective successors and permitted assigns. 
 8.6 Captions and Gender. The captions in this Agreement are for convenience only and shall not affect the construction or
interpretation of any term or provision hereof. The use in this Agreement of the masculine pronoun in reference to a party hereto shall be deemed to include the feminine or neuter, as the context may require. 
 8.7 Execution in Counterparts. For the convenience of the parties and to facilitate execution, this Agreement may be executed
in two (2) or more counterparts, each of which shall be deemed an original, but all of which shall constitute one (1) and the same document. 
 8.8 Amendments. This Agreement may not be amended or modified, nor may compliance with any condition or covenant set forth herein be waived, except by a writing duly and validly executed by
each party hereto, or in the case of a waiver, the party waiving compliance.  
 [Signature Pages to Follow] 

 IN WITNESS WHEREOF the parties hereto have caused this Agreement to be executed as of the date set forth
above by their duly authorized representatives. 
  

					
	BUYER:
	
	MONOTYPE IMAGING, INC.
		
	By:	 	/s/ Robert M. Givens
		 	Name:	 	Robert M. Givens
		 	Title:	 	President and Chief Executive Officer

	
	SHAREHOLDERS:
	
	/s/ Chun Tak Chiu Ricky
	CHUN TAK CHIU RICKY
	
	Address:
	
	18H, Yat Wah Mansion
	Lei Keing Wan, Hong Kong
	
	/s/ Tsui Eddy Wing Keung
	TSUI EDDY WING KEUNG
	
	Address:
	
	Flat B, 5/F, Block 28
	South Horizons, Hong Kong
	
	/s/ Hui Tai Pang Robin
	HUI TAI PANG ROBIN
	
	Address:
	
	11/F, Flat B
	
	Kwong Fung House
	18 Nam Cheong Street
	Shum Shui Po
	Kowloon, Hong Kong

 SCHEDULE I 
  

					
	 Shareholders
	  	 No. of Shares
	  	Consideration at Closing
			
	 Chun Tak Chiu Ricky
 Account
Information:
 Hang Seng Bank
 Account Number
 289-321606-882
  
 Address:
 83 Des Voeux Road

Central, Hong Kong
	  	 3,800 ordinary shares
 9,023,758 deferred
shares
	  	US$2,039,174
US$1
			
	 Tsui Eddy Wing Keung
 Account
Information:
 HSBC (The Hongkong
 and Shanghai Banking
 Corporation Limited)
 Account Number
 082-286352-833
  
 Address:
 1 Queen’s Road Central
 Hong
Kong
	  	3,800 ordinary shares	  	US$2,039,175
			
	 Hui Tai Pang Robin
 Account
Information:
 HSBC (The Hongkong
 and Shanghai Banking
 Corporation Limited)
 Account Number
 110-6-017252
  
 Address:
 1 Queen’s Road Central
 Hong
Kong
	  	401 ordinary shares	  	US$214,650
			
		  	Total:	  	US$4,293,000Subordinated Convertible Promissory Note of Monotype Holdings Inc.

 Exhibit 10.58 
 EXECUTION VERSION 
 THIS NOTE AND THE SECURITIES REPRESENTED HEREBY HAVE NOT BEEN REGISTERED UNDER THE SECURITIES
ACT OF 1933, AS AMENDED (THE “ACT”) OR ANY STATE SECURITIES OR BLUE SKY LAWS AND MAY NOT BE OFFERED, SOLD, TRANSFERRED, HYPOTHECATED OR OTHERWISE ASSIGNED EXCEPT (A) (1) PURSUANT TO A REGISTRATION STATEMENT WITH RESPECT TO SUCH
SECURITIES WHICH IS EFFECTIVE UNDER THE ACT, (2) PURSUANT TO THE PROVISIONS OF REGULATION S PROMULGATED UNDER THE ACT (“REGULATION S”) OR (3) PURSUANT TO AN AVAILABLE EXEMPTION FROM REGISTRATION UNDER THE ACT RELATING TO THE
DISPOSITION OF SECURITIES AND (B) IN ACCORDANCE WITH APPLICABLE STATE SECURITIES AND BLUE SKY LAWS. HEDGING TRANSACTIONS INVOLVING REGULATION S SECURITIES MAY NOT BE CONDUCTED UNLESS IN COMPLIANCE WITH THE ACT. 
 SUBORDINATED CONVERTIBLE PROMISSORY NOTE 
 OF 
 MONOTYPE HOLDINGS, INC. 
  

			
	US$285,000	  	Made as of July 28, 2006

 For value received, Monotype Holdings, Inc., a Delaware corporation (the
“Company”), with principal offices c/o Monotype Imaging, Inc., 500 Unicorn Drive, Woburn, MA 01801, Attention: Chief Financial Officer, hereby promises to pay TSUI EDDY WING KEUNG (“Holder”), or
its registered assigns, the principal sum of Two Hundred Eighty-Five Thousand U.S. Dollars (US$285,000) (the “Principal Amount”), or such lesser amount as shall then equal the outstanding principal amount hereunder, together
with simple interest accruing daily and compounding annually on the unpaid principal balance at a rate equal to the lower of (a) the highest permissible rate under applicable law and (b) 3.9% per annum, computed on the basis of the actual
number of days elapsed and a year of 360 days (the “Rate”) from the date of this Note until the principal amount and all interest accrued thereon and all other amounts owed hereunder are paid (or converted, as provided in
Section 2 hereof). The unpaid Principal Amount, together with any then unpaid accrued interest and all other amounts owed hereunder, shall be due and payable on the earlier of (i) the fourth (4th) anniversary of the date hereof (the “Maturity Date”), (ii) the date such amounts become due and payable upon the occurrence
of an Event of Default (as defined below) in accordance with Section 8 hereof, unless this Note shall have been previously converted pursuant to Section 2 hereof, or (iii) the date of consummation of a Sale Event (as defined in the
Plan) or a Sale (as defined in the Restricted Stock Agreement) (but only if this Note is not converted in connection with such Sale or such Sale Event pursuant to Section 2 hereof). Any amounts owed hereunder shall be sent by wire transfer in
accordance with instructions included in such notice given by the registered holder of this Note or by check sent by mail to the address of the registered holder of this Note in lawful money of the United States, unless this Note shall have been
previously converted pursuant to Section 2 hereof. This Note is issued to the Holder pursuant to that certain Stock Purchase Agreement, dated as of the date hereof, by and among Monotype Imaging Inc., Holder and other parties named therein
(“Stock Purchase Agreement”) and pursuant to the Consulting Agreement (as defined in the Stock Purchase Agreement). 

 The following is a statement of the rights of Holder and the conditions to which this Note is subject,
and to which Holder hereof, by the acceptance of this Note, agrees: 
 1. Definitions. The following definitions shall
apply for all purposes of this Note: 
 1.1 “Company” means the “Company” as
defined above and includes any corporation which shall succeed to or assume the obligations of the Company under this Note according to Section 12. 
 1.2 “Conversion Price” means six U.S. dollars ($6.00) per share; provided that the Conversion Price is subject to adjustment as provided herein. 
 1.3 “Conversion Stock” means shares of Common Stock, par value $0.01 per share, of the Company; provided
that the number and character of shares of Conversion Stock are subject to adjustment as provided herein and the term “Conversion Stock” shall include stock and other securities and property at any time receivable or issuable
upon conversion of this Note in accordance with its terms. 
 1.4 “Event of Default” has the meaning
given in Section 8 hereof. 
 1.5 “Holder” means any person who shall at the time be the
registered holder of this Note. 
 1.6 “Note” means this Subordinated Convertible Promissory Note.

 1.7 “Note Cancellation Date” shall mean the date on which this Note is either repaid or converted
in accordance with the terms hereunder. 
 1.8 “Plan” shall mean the Company’s 2004 Amended and
Restated Stock Option and Grant Plan. 
 2. Conversion. 
 2.1 Optional Conversion. At any time on and after the date hereof, the Holder shall have the right, at its option, prior to the
repayment of the outstanding balance under the Note by the Company, to convert such outstanding balance, including principal and interest, of this Note, in whole but not in part, into Conversion Stock at the Conversion Price. Conversion under this
Section 2.1 (such conversion, an “Optional Conversion”) shall occur only upon surrender of this Note for conversion at the principal offices of the Company, accompanied by written notice of election to convert by the
Holder and a fully executed Restricted Stock Agreement in the form of Exhibit A attached hereto (the “Restricted Stock Agreement”). Upon conversion pursuant to this Section 2.1, the Conversion Stock shall be
subject to the terms and provisions of the Restricted Stock Agreement and the Holder shall be bound by the terms thereof in respect of the Conversion Stock. 
  

 2 

 2.2 Automatic Conversion. Notwithstanding anything in this Section 2 to the
contrary, this Note, and the entire outstanding balance, including principal and interest, due at any time under this Note, shall automatically convert into Conversion Stock at the Conversion Price (such conversion, an “Automatic
Conversion”) upon the earliest to occur of (a) exercise of the Drag Along Right (as defined in the Restricted Stock Agreement) by the Majority Shareholders (as defined in the Restricted Stock Agreement) pursuant to Section 5
of the Restricted Stock Agreement upon a Sale (as such term is defined in the Restricted Stock Agreement) or (b) an Initial Public Offering (as such term is defined in the Plan); provided, however, that if (i) Vested Shares (as defined in
the Restricted Stock Agreement) into which this Note is convertible pursuant to Section 2.2(a) have a Fair Market Value (as defined in the Restricted Stock Agreement) of less then $285,000, or (ii) if the per share purchase price paid by
the Buyer (as defined in the Restricted Stock Agreement) to the Holder under Section 5 of the Restricted Stock Agreement is less than the Conversion Price, then no such Automatic Conversion shall occur. Upon an Automatic Conversion, Holder
shall surrender this Note at the principal offices of the Company, accompanied by a fully executed Restricted Stock Agreement as soon as possible following such Automatic Conversion. Upon an Automatic Conversion, the Conversion Stock shall be
subject to the terms and provisions of the Restricted Stock Agreement and the Holder shall be bound by the terms thereof in respect of the Conversion Stock. Upon an Automatic Conversion, notwithstanding anything in this Note to the contrary, in the
event the Holder fails to surrender this Note and/or to execute the Restricted Stock Agreement in accordance with this Section 2.2, this Note, and the entire outstanding balance thereof (including any principal or interest amounts), shall be
deemed repaid in full and this Note shall represent the Holder’s right to receive, subject to surrender of this Note and execution in full of the Restricted Stock Agreement, the Conversion Stock into which this Note is convertible upon the
Automatic Conversion. 
 3. Issuance of Conversion Stock. Upon conversion of this Note, the Company at its expense will
cause to be issued in the name of and delivered to the Holder, a certificate or certificates for the number of shares of Conversion Stock to which the Holder shall be entitled upon such conversion (bearing such legends as may be required by
applicable state and federal securities laws in the opinion of legal counsel of the Company, by the Company’s certificate of incorporation or bylaws (as each may be amended or restated from time to time, respectively, the
“Certificate of Incorporation” and “Bylaws”), or by any agreement between the Company and the Holder), together with any other securities and property to which the Holder is entitled upon such
conversion under the terms of this Note. Such conversion shall be deemed to have been made, (a) if made in connection with the Initial Public Offering, on the date of the Closing of the Initial Public Offering, and (b) if made otherwise,
immediately prior to the close of business on the date that this Note converted (or deemed converted in the case of an Automatic Conversion pursuant to Section 2.2(a)). No fractional shares will be issued upon conversion of this Note. If upon
any conversion of this Note, a fraction of a share would otherwise result, then in lieu of such fractional share the Company will pay the cash value of that fractional share, calculated on the basis of the applicable Conversion Price.
Notwithstanding anything in this Note to the contrary, the Company shall not be obligated to deliver any certificates evidencing Conversion Stock or other instruments to be delivered under this Section 3 until compliance in full by Holder with
the conditions for conversion set forth in Section 2. 
  

 3 

 4. Adjustment Provisions. The number and character of shares of Conversion Stock
issuable upon conversion of this Note (or any shares of stock or other securities or property at the time receivable or issuable upon conversion of this Note) and the Conversion Price therefor, are subject to adjustment upon occurrence of the
following events between the date this Note is issued and the Note Cancellation Date: 
 4.1 Adjustment for Stock Splits,
Stock Dividends, Recapitalizations, etc. If the conversion is made under Section 2 above, the Conversion Price of this Note and the number of shares of Conversion Stock issuable upon conversion of this Note (or any shares of stock or other
securities at the time issuable upon conversion of this Note) shall each be proportionally adjusted to reflect any stock dividend, stock split, reverse stock split, reclassification, recapitalization or other similar event affecting the number of
outstanding shares of Conversion Stock (or such other stock or securities). 
 4.2 Adjustment for Other Dividends and
Distributions. In case the Company shall make or issue, or shall fix a record date for the determination of eligible holders entitled to receive, a dividend or other distribution payable with respect to the capital stock that is payable in
(a) securities of the Company (other than issuances with respect to which adjustment is made under Section 4.1), or (b) assets (including cash), then, and in each such case, the Holder, upon conversion of this Note at any time after
the consummation, effective date or record date of such event, shall receive, in addition to the shares of Conversion Stock issuable upon such exercise prior to such date, the securities or assets (including cash) of the Company to which the Holder
would have been entitled upon such date if the Holder had converted this Note immediately prior thereto (all subject to further adjustment as provided in this Note). 
 4.3 Adjustment for Reorganization, Consolidation, Merger. In case of any reorganization of the Company (or of any other entity the
stock or other securities of which are at the time receivable on the conversion of this Note), after the date this Note, or in case, after such date, the Company (or any such entity) shall consolidate with or merge into another entity or convey all
or substantially all of its assets to another entity and then distribute the proceeds to its stockholders, then, and in each such case, the Holder, upon the conversion of this Note (as provided in Section 2) at any time after the consummation
of such reorganization, consolidation, merger or conveyance, shall be entitled to receive, in lieu of the stock or other securities and property receivable upon the conversion of this Note prior to such consummation, the stock or other securities or
property to which the Holder would have been entitled upon the consummation of such reorganization, consolidation, merger or conveyance if the Holder had converted this Note immediately prior thereto, all subject to further adjustment as provided in
this Note, and the successor or purchasing entity in such reorganization, consolidation, merger or conveyance (if other than the Company) shall duly execute and deliver to the Holder a supplement hereto acknowledging such entity’s obligations
under this Note; and in each such case, the terms of the Note shall be applicable to the shares of stock or other securities or property receivable upon the conversion of this Note after the consummation of such reorganization, consolidation, merger
or conveyance. 
 4.4 Notice of Adjustments. The Company shall promptly give written notice of each adjustment or
readjustment of the Conversion Price or the number of shares of Conversion Stock or other securities issuable upon conversion of this Note. The notice shall describe the adjustment or readjustment and show in reasonable detail the facts on which the
adjustment or readjustment is based. 
  

 4 

 4.5 No Change Necessary. The form of this Note or the Restricted Stock Agreement
to be executed in connection with conversion of this Note pursuant to Section 2 need not be changed because of any adjustment in the Conversion Price or in the number of shares of Conversion Stock issuable upon its conversion. 
 4.6 Reservation of Stock. If at any time the number of shares of Conversion Stock or other securities issuable upon conversion of
this Note shall not be sufficient to effect the conversion of this Note, the Company will take such corporate action as may, in the opinion of its counsel, be necessary to increase its authorized but unissued shares of Conversion Stock or other
securities issuable upon conversion of this Note as shall be sufficient for such purpose. 
 5. No Rights or Liabilities as
Stockholder. This Note does not by itself entitle the Holder to any voting rights or other rights as a stockholder of the Company. In the absence of conversion of this Note, no provisions of this Note, and no enumeration herein of the rights
or privileges of the Holder, shall cause the Holder to be a stockholder of the Company for any purpose. 
 6.
Prepayment. The Company may not, at any time prior to the Maturity Date (but other than any conversion hereunder) prepay in whole or in part the unpaid balance of this Note. 
 7. [Intentionally Omitted.] 
 8. Events of Default. (a) The occurrence of any of the following shall constitute an “Event of Default” under this Note: 
 (i) Failure to Pay. The Company shall fail to pay when due any principal or interest or other payment on the due date hereunder;

 (ii) Breaches of Covenants. The Company shall fail to observe or perform any other covenant, obligation, condition
or agreement contained in this Note (other than those specified in Section 8(a)(i) above) and such failure shall continue for fifteen (15) days; 
 (iii) Representations and Warranties. Any representation or warranty made by the Company to the Holder under this Note shall be false, incomplete or misleading in any material respect when made; 
 (iv) Voluntary Bankruptcy or Insolvency Proceedings. The Company shall (A) apply for or consent to the appointment of a
receiver, trustee, liquidator or custodian of itself or of a substantial part of its property, (B) be unable, or admit in writing its inability, to pay its debts generally as they mature, (C) make a general assignment for the benefit of
its or any of its creditors, (D) be dissolved or liquidated, (E) become insolvent (as such term may be defined or interpreted under any applicable statute), (F) commence a voluntary case or other proceeding seeking liquidation,
reorganization or other relief with respect to itself or its debts under any 

  

 5 

 
bankruptcy, insolvency or other similar law now or hereafter in effect or consent to any such relief or to the appointment of or taking possession of its
property by any official in an involuntary case or other proceeding commenced against it, or (G) take any action for the purpose of effecting any of the foregoing; or 
 (v) Involuntary Bankruptcy or Insolvency Proceedings. Proceedings for the appointment of a receiver, trustee, liquidator or
custodian of the Company or of a substantial part of the property thereof, or an involuntary case or other proceedings seeking liquidation, reorganization or other relief with respect to the Company or the debts thereof under any bankruptcy,
insolvency or other similar law now or hereafter in effect shall be commenced and an order for relief entered or such proceeding shall not be dismissed or discharged within thirty (30) days of commencement. 
 (b) Upon the occurrence or existence of any Event of Default (other than an Event of Default, referred to in Sections 8(a)(iv) and
(v) and at any time thereafter during the continuance of such Event of Default, the Holder may, by written notice to the Company, declare all outstanding principal, interest and other amount payable by the Company hereunder to be immediately
due and payable whereupon the same shall become immediately due and payable without presentment, demand, protest or any other notice of any kind, all of which are hereby expressly waived. Upon the occurrence or existence of any Event of Default
described in Sections 8(a)(iv) and (v), immediately and without notice, all outstanding principal, interest and other amount payable by the Company hereunder shall automatically become immediately due and payable, without presentment, demand,
protest or any other notice of any kind, all of which are hereby expressly waived. 
 9. Subordination. Notwithstanding
anything herein to the contrary, the Company’s obligations to Holder hereunder shall be subordinate in all respect (including any payment obligations hereunder) to the rights of any lender (or other party extending credit) to the Company which
requests in writing that this Note be subordinate and/or junior to the Company’s obligations pursuant to such loan or extension of credit (any such lender or other party, a “Senior Lender” and such loan or extension of credit, a
“Senior Loan”). Holder hereby covenants and agrees to execute and deliver, if requested by the Company, any and all documents and agreements necessary to effect the subordination contemplated by the immediately preceding sentence.

 10. No Impairment. The Company will not, by amendment of its Certificate of Incorporation or Bylaws, or through
reorganization, consolidation, merger, dissolution, issue or sale of securities, sale of assets or any other voluntary action, willfully avoid or seek to avoid the observance or performance of any of the terms of this Note, but will at all times in
good faith assist in the carrying out of all such terms and in the taking of all such action as may be necessary or appropriate in order to protect the rights of the Holder under this Note against wrongful impairment. Without limiting the generality
of the foregoing, the Company will take all such action as may be necessary or appropriate in order that the Company may duly and validly issue fully paid and nonassessable shares of Conversion Stock upon the conversion of this Note. 
 11. Waivers. The Company and all endorsers of this Note hereby waive notice, presentment, protest and notice of dishonor.

  

 6 

 12. Transfer. This Note and any rights or obligations hereunder may not be assigned,
conveyed or transferred, in whole or in part, by any party hereto without the prior written consent of the other party hereto; provided that the Company may (i) in connection with any reorganization of the Company and its Affiliates (as
defined in the Stock Purchase Agreement), or (ii) in connection with any Sale Event, assign, convey, or otherwise transfer, in whole or in part, its obligations hereunder to (x) in the case of a reorganization, any Subsidiary of the
Company, or (y) in the case of a Sale Event, any person or entity, in each case having sufficient assets to satisfy the obligations to the Holder hereunder. The rights and obligations of the Company and the Holder under this Note shall be
binding upon and benefit their respective permitted successors, assigns, heirs, administrators and transferees. 
 13. Governing
Law. This Note shall be governed by and construed under the internal laws of The Commonwealth of Massachusetts as applied to agreements among Massachusetts residents entered into and to be performed entirely within The Commonwealth of
Massachusetts, without reference to principles of conflict of laws or choice of laws. 
 14. Headings. The headings and
captions used in this Note are used only for convenience and are not to be considered in construing or interpreting this Note. All references in this Note to sections and exhibits shall, unless otherwise provided, refer to sections hereof and
exhibits attached hereto, all of which exhibits are incorporated herein by this reference. 
 15. Notices. Unless
otherwise provided, any notice required or permitted under this Note shall be given in writing and shall be deemed effectively given (i) at the time of personal delivery, if delivery is in person; (ii) one (1) business day after
deposit with an express overnight courier for United States deliveries, or two (2) business days after such deposit for deliveries outside of the United States, with proof of delivery from the courier requested; or (iii) seven
(7) business days after deposit in the postal service by certified or registered mail (return receipt requested) when addressed to the party to be notified at the address indicated in this Note or for notice to such party under the Stock
Purchase Agreement or at such other address as any party or the Company may designate from time to time. 
 16. Amendments and
Waivers. This Note may only be amended and provisions may only be waived by a written instrument executed by the Holder and the Company. 
 17. Severability. If one or more provisions of this Note are held to be unenforceable under applicable law, such provision(s) shall be excluded from this Note and the balance of the Note shall be interpreted as if such
provision(s) were so excluded and shall be enforceable in accordance with its terms. 
 [Remainder of this page intentionally left blank]

  

 7 

 IN WITNESS WHEREOF, the Company has caused this Note to be signed in its name as of the date first above written.

  

			
	THE COMPANY:
	
	MONOTYPE HOLDINGS, INC.
		
	By:	 	/s/ Robert M. Givens
	Name:	 	Robert M. Givens
	Title:	 	President, Chief Executive Officer
	
	AGREED AND ACKNOWLEDGED:
	
	THE HOLDER
	
	/s/ Tsui Eddy Wing Keung
	TSUI EDDY WING KEUNG

 Address: 
 Flat B,
5/F, Block 28 
 South Horizons, Hong Kong 

 EXECUTION VERSION 
 THIS NOTE AND THE SECURITIES REPRESENTED HEREBY HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “ACT”) OR ANY STATE SECURITIES OR BLUE SKY LAWS AND MAY NOT BE OFFERED, SOLD,
TRANSFERRED, HYPOTHECATED OR OTHERWISE ASSIGNED EXCEPT (A) (1) PURSUANT TO A REGISTRATION STATEMENT WITH RESPECT TO SUCH SECURITIES WHICH IS EFFECTIVE UNDER THE ACT, (2) PURSUANT TO THE PROVISIONS OF REGULATION S PROMULGATED UNDER THE
ACT (“REGULATION S”) OR (3) PURSUANT TO AN AVAILABLE EXEMPTION FROM REGISTRATION UNDER THE ACT RELATING TO THE DISPOSITION OF SECURITIES AND (B) IN ACCORDANCE WITH APPLICABLE STATE SECURITIES AND BLUE SKY LAWS. HEDGING
TRANSACTIONS INVOLVING REGULATION S SECURITIES MAY NOT BE CONDUCTED UNLESS IN COMPLIANCE WITH THE ACT. 
 SUBORDINATED CONVERTIBLE
PROMISSORY NOTE 
 OF 
 MONOTYPE HOLDINGS, INC. 
  

			
	US$285,000	  	Made as of July 28, 2006

 For value received, Monotype Holdings, Inc., a Delaware corporation (the
“Company”), with principal offices c/o Monotype Imaging, Inc., 500 Unicorn Drive, Woburn, MA 01801, Attention: Chief Financial Officer, hereby promises to pay CHUN TAK CHIU RICKY (“Holder”), or
its registered assigns, the principal sum of Two Hundred Eighty-Five Thousand U.S. Dollars (US$285,000) (the “Principal Amount”), or such lesser amount as shall then equal the outstanding principal amount hereunder, together
with simple interest accruing daily and compounding annually on the unpaid principal balance at a rate equal to the lower of (a) the highest permissible rate under applicable law and (b) 3.9% per annum, computed on the basis of the actual
number of days elapsed and a year of 360 days (the “Rate”) from the date of this Note until the principal amount and all interest accrued thereon and all other amounts owed hereunder are paid (or converted, as provided in
Section 2 hereof). The unpaid Principal Amount, together with any then unpaid accrued interest and all other amounts owed hereunder, shall be due and payable on the earlier of (i) the fourth (4th) anniversary of the date hereof (the “Maturity Date”), (ii) the date such amounts become due and payable upon the occurrence
of an Event of Default (as defined below) in accordance with Section 8 hereof, unless this Note shall have been previously converted pursuant to Section 2 hereof, or (iii) the date of consummation of a Sale Event (as defined in the
Plan) or a Sale (as defined in the Restricted Stock Agreement) (but only if this Note is not converted in connection with such Sale or such Sale Event pursuant to Section 2 hereof) . Any amounts owed hereunder shall be sent by wire transfer in
accordance with instructions included in such notice given by the registered holder of this Note or by check sent by mail to the address of the registered holder of this Note in lawful money of the United States, unless this Note shall have been
previously converted pursuant to Section 2 hereof. This Note is issued to the Holder pursuant to that certain Stock Purchase Agreement, dated as of the date hereof, by and among Monotype Imaging Inc., Holder and other parties named therein
(“Stock Purchase Agreement”) and pursuant to the Holder’s Employment Agreement (as defined in the Stock Purchase Agreement). 

 The following is a statement of the rights of Holder and the conditions to which this Note is subject,
and to which Holder hereof, by the acceptance of this Note, agrees: 
 1. Definitions. The following definitions shall
apply for all purposes of this Note: 
 1.1 “Company” means the “Company” as
defined above and includes any corporation which shall succeed to or assume the obligations of the Company under this Note according to Section 12. 
 1.2 “Conversion Price” means six U.S. dollars ($6.00) per share; provided that the Conversion Price is subject to adjustment as provided herein. 
 1.3 “Conversion Stock” means shares of Common Stock, par value $0.01 per share, of the Company; provided
that the number and character of shares of Conversion Stock are subject to adjustment as provided herein and the term “Conversion Stock” shall include stock and other securities and property at any time receivable or issuable
upon conversion of this Note in accordance with its terms. 
 1.4 “Event of Default” has the meaning
given in Section 8 hereof. 
 1.5 “Holder” means any person who shall at the time be the
registered holder of this Note. 
 1.6 “Note” means this Subordinated Convertible Promissory Note.

 1.7 “Note Cancellation Date” shall mean the date on which this Note is either repaid or converted
in accordance with the terms hereunder. 
 1.8 “Plan” shall mean the Company’s 2004 Amended and
Restated Stock Option and Grant Plan. 
 2. Conversion. 
 2.1 Optional Conversion. At any time on and after the date hereof, the Holder shall have the right, at its option, prior to the
repayment of the outstanding balance under the Note by the Company, to convert such outstanding balance, including principal and interest, of this Note, in whole but not in part, into Conversion Stock at the Conversion Price. Conversion under this
Section 2.1 (such conversion, an “Optional Conversion”) shall occur only upon surrender of this Note for conversion at the principal offices of the Company, accompanied by written notice of election to convert by the
Holder and a fully executed Restricted Stock Agreement in the form of Exhibit A attached hereto (the “Restricted Stock Agreement”). Upon conversion pursuant to this Section 2.1, the Conversion Stock shall be
subject to the terms and provisions of the Restricted Stock Agreement and the Holder shall be bound by the terms thereof in respect of the Conversion Stock. 
  

 2 

 2.2 Automatic Conversion. Notwithstanding anything in this Section 2 to the
contrary, this Note, and the entire outstanding balance, including principal and interest, due at any time under this Note, shall automatically convert into Conversion Stock at the Conversion Price (such conversion, an “Automatic
Conversion”) upon the earliest to occur of (a) exercise of the Drag Along Right (as defined in the Restricted Stock Agreement) by the Majority Shareholders (as defined in the Restricted Stock Agreement) pursuant to Section 5
of the Restricted Stock Agreement upon a Sale (as such term is defined in the Restricted Stock Agreement) or (b) an Initial Public Offering (as such term is defined in the Plan); provided, however, that if (i) Vested Shares (as defined in
the Restricted Stock Agreement) into which this Note is convertible pursuant to Section 2.2(a) have a Fair Market Value (as defined in the Restricted Stock Agreement) of less then $285,000, or (ii) if the per share purchase price paid by
the Buyer (as defined in the Restricted Stock Agreement) to the Holder under Section 5 of the Restricted Stock Agreement is less than the Conversion Price, then no such Automatic Conversion shall occur. Upon an Automatic Conversion, Holder
shall surrender this Note at the principal offices of the Company, accompanied by a fully executed Restricted Stock Agreement as soon as possible following such Automatic Conversion. Upon an Automatic Conversion, the Conversion Stock shall be
subject to the terms and provisions of the Restricted Stock Agreement and the Holder shall be bound by the terms thereof in respect of the Conversion Stock. Upon an Automatic Conversion, notwithstanding anything in this Note to the contrary, in the
event the Holder fails to surrender this Note and/or to execute the Restricted Stock Agreement in accordance with this Section 2.2, this Note, and the entire outstanding balance thereof (including any principal or interest amounts), shall be
deemed repaid in full and this Note shall represent the Holder’s right to receive, subject to surrender of this Note and execution in full of the Restricted Stock Agreement, the Conversion Stock into which this Note is convertible upon the
Automatic Conversion. 
 3. Issuance of Conversion Stock. Upon conversion of this Note, the Company at its expense will
cause to be issued in the name of and delivered to the Holder, a certificate or certificates for the number of shares of Conversion Stock to which the Holder shall be entitled upon such conversion (bearing such legends as may be required by
applicable state and federal securities laws in the opinion of legal counsel of the Company, by the Company’s certificate of incorporation or bylaws (as each may be amended or restated from time to time, respectively, the
“Certificate of Incorporation” and “Bylaws”), or by any agreement between the Company and the Holder), together with any other securities and property to which the Holder is entitled upon such
conversion under the terms of this Note. Such conversion shall be deemed to have been made, (a) if made in connection with the Initial Public Offering, on the date of the Closing of the Initial Public Offering, and (b) if made otherwise,
immediately prior to the close of business on the date that this Note converted (or deemed converted in the case of an Automatic Conversion pursuant to Section 2.2(a). No fractional shares will be issued upon conversion of this Note. If upon
any conversion of this Note, a fraction of a share would otherwise result, then in lieu of such fractional share the Company will pay the cash value of that fractional share, calculated on the basis of the applicable Conversion Price.
Notwithstanding anything in this Note to the contrary, the Company shall not be obligated to deliver any certificates evidencing Conversion Stock or other instruments to be delivered under this Section 3 until compliance in full by Holder with
the conditions for conversion set forth in Section 2. 
  

 3 

 4. Adjustment Provisions. The number and character of shares of Conversion Stock
issuable upon conversion of this Note (or any shares of stock or other securities or property at the time receivable or issuable upon conversion of this Note) and the Conversion Price therefor, are subject to adjustment upon occurrence of the
following events between the date this Note is issued and the Note Cancellation Date: 
 4.1 Adjustment for Stock Splits,
Stock Dividends, Recapitalizations, etc. If the conversion is made under Section 2 above, the Conversion Price of this Note and the number of shares of Conversion Stock issuable upon conversion of this Note (or any shares of stock or other
securities at the time issuable upon conversion of this Note) shall each be proportionally adjusted to reflect any stock dividend, stock split, reverse stock split, reclassification, recapitalization or other similar event affecting the number of
outstanding shares of Conversion Stock (or such other stock or securities). 
 4.2 Adjustment for Other Dividends and
Distributions. In case the Company shall make or issue, or shall fix a record date for the determination of eligible holders entitled to receive, a dividend or other distribution payable with respect to the capital stock that is payable in
(a) securities of the Company (other than issuances with respect to which adjustment is made under Section 4.1), or (b) assets (including cash), then, and in each such case, the Holder, upon conversion of this Note at any time after
the consummation, effective date or record date of such event, shall receive, in addition to the shares of Conversion Stock issuable upon such exercise prior to such date, the securities or assets (including cash) of the Company to which the Holder
would have been entitled upon such date if the Holder had converted this Note immediately prior thereto (all subject to further adjustment as provided in this Note). 
 4.3 Adjustment for Reorganization, Consolidation, Merger. In case of any reorganization of the Company (or of any other entity the
stock or other securities of which are at the time receivable on the conversion of this Note), after the date this Note, or in case, after such date, the Company (or any such entity) shall consolidate with or merge into another entity or convey all
or substantially all of its assets to another entity and then distribute the proceeds to its stockholders, then, and in each such case, the Holder, upon the conversion of this Note (as provided in Section 2) at any time after the consummation
of such reorganization, consolidation, merger or conveyance, shall be entitled to receive, in lieu of the stock or other securities and property receivable upon the conversion of this Note prior to such consummation, the stock or other securities or
property to which the Holder would have been entitled upon the consummation of such reorganization, consolidation, merger or conveyance if the Holder had converted this Note immediately prior thereto, all subject to further adjustment as provided in
this Note, and the successor or purchasing entity in such reorganization, consolidation, merger or conveyance (if other than the Company) shall duly execute and deliver to the Holder a supplement hereto acknowledging such entity’s obligations
under this Note; and in each such case, the terms of the Note shall be applicable to the shares of stock or other securities or property receivable upon the conversion of this Note after the consummation of such reorganization, consolidation, merger
or conveyance. 
 4.4 Notice of Adjustments. The Company shall promptly give written notice of each adjustment or
readjustment of the Conversion Price or the number of shares of Conversion Stock or other securities issuable upon conversion of this Note. The notice shall describe the adjustment or readjustment and show in reasonable detail the facts on which the
adjustment or readjustment is based. 
  

 4 

 4.5 No Change Necessary. The form of this Note or the Restricted Stock Agreement
to be executed in connection with conversion of this Note pursuant to Section 2 need not be changed because of any adjustment in the Conversion Price or in the number of shares of Conversion Stock issuable upon its conversion. 
 4.6 Reservation of Stock. If at any time the number of shares of Conversion Stock or other securities issuable upon conversion of
this Note shall not be sufficient to effect the conversion of this Note, the Company will take such corporate action as may, in the opinion of its counsel, be necessary to increase its authorized but unissued shares of Conversion Stock or other
securities issuable upon conversion of this Note as shall be sufficient for such purpose. 
 5. No Rights or Liabilities as
Stockholder. This Note does not by itself entitle the Holder to any voting rights or other rights as a stockholder of the Company. In the absence of conversion of this Note, no provisions of this Note, and no enumeration herein of the rights
or privileges of the Holder, shall cause the Holder to be a stockholder of the Company for any purpose. 
 6.
Prepayment. The Company may not, at any time prior to the Maturity Date (but other than any conversion hereunder) prepay in whole or in part the unpaid balance of this Note. 
 7. [Intentionally Omitted.] 
 8. Events of Default. (a) The occurrence of any of the following shall constitute an “Event of Default” under this Note: 
 (i) Failure to Pay. The Company shall fail to pay when due any principal or interest or other payment on the due date hereunder;

 (ii) Breaches of Covenants. The Company shall fail to observe or perform any other covenant, obligation, condition
or agreement contained in this Note (other than those specified in Section 8(a)(i) above) and such failure shall continue for fifteen (15) days; 
 (iii) Representations and Warranties. Any representation or warranty made by the Company to the Holder under this Note shall be false, incomplete or misleading in any material respect when made; 
 (iv) Voluntary Bankruptcy or Insolvency Proceedings. The Company shall (A) apply for or consent to the appointment of a
receiver, trustee, liquidator or custodian of itself or of a substantial part of its property, (B) be unable, or admit in writing its inability, to pay its debts generally as they mature, (C) make a general assignment for the benefit of
its or any of its creditors, (D) be dissolved or liquidated, (E) become insolvent (as such term may be defined or interpreted under any applicable statute), (F) commence a voluntary case or other proceeding seeking liquidation,
reorganization or other relief with respect to itself or its debts under any 

  

 5 

 
bankruptcy, insolvency or other similar law now or hereafter in effect or consent to any such relief or to the appointment of or taking possession of its
property by any official in an involuntary case or other proceeding commenced against it, or (G) take any action for the purpose of effecting any of the foregoing; or 
 (v) Involuntary Bankruptcy or Insolvency Proceedings. Proceedings for the appointment of a receiver, trustee, liquidator or
custodian of the Company or of a substantial part of the property thereof, or an involuntary case or other proceedings seeking liquidation, reorganization or other relief with respect to the Company or the debts thereof under any bankruptcy,
insolvency or other similar law now or hereafter in effect shall be commenced and an order for relief entered or such proceeding shall not be dismissed or discharged within thirty (30) days of commencement. 
 (b) Upon the occurrence or existence of any Event of Default (other than an Event of Default, referred to in Sections 8(a)(iv) and
(v) and at any time thereafter during the continuance of such Event of Default, the Holder may, by written notice to the Company, declare all outstanding principal, interest and other amount payable by the Company hereunder to be immediately
due and payable whereupon the same shall become immediately due and payable without presentment, demand, protest or any other notice of any kind, all of which are hereby expressly waived. Upon the occurrence or existence of any Event of Default
described in Sections 8(a)(iv) and (v), immediately and without notice, all outstanding principal, interest and other amount payable by the Company hereunder shall automatically become immediately due and payable, without presentment, demand,
protest or any other notice of any kind, all of which are hereby expressly waived. 
 9. Subordination. Notwithstanding
anything herein to the contrary, the Company’s obligations to Holder hereunder shall be subordinate in all respect (including any payment obligations hereunder) to the rights of any lender (or other party extending credit) to the Company which
requests in writing that this Note be subordinate and/or junior to the Company’s obligations pursuant to such loan or extension of credit (any such lender or other party, a “Senior Lender” and such loan or extension of credit, a
“Senior Loan”). Holder hereby covenants and agrees to execute and deliver, if requested by the Company, any and all documents and agreements necessary to effect the subordination contemplated by the immediately preceding sentence.

 10. No Impairment. The Company will not, by amendment of its Certificate of Incorporation or Bylaws, or through
reorganization, consolidation, merger, dissolution, issue or sale of securities, sale of assets or any other voluntary action, willfully avoid or seek to avoid the observance or performance of any of the terms of this Note, but will at all times in
good faith assist in the carrying out of all such terms and in the taking of all such action as may be necessary or appropriate in order to protect the rights of the Holder under this Note against wrongful impairment. Without limiting the generality
of the foregoing, the Company will take all such action as may be necessary or appropriate in order that the Company may duly and validly issue fully paid and nonassessable shares of Conversion Stock upon the conversion of this Note. 
 11. Waivers. The Company and all endorsers of this Note hereby waive notice, presentment, protest and notice of dishonor.

  

 6 

 12. Transfer. This Note and any rights or obligations hereunder may not be assigned,
conveyed or transferred, in whole or in part, by any party hereto without the prior written consent of the other party hereto; provided that the Company may (i) in connection with any reorganization of the Company and its Affiliates (as
defined in the Stock Purchase Agreement), or (ii) in connection with any Sale Event, assign, convey, or otherwise transfer, in whole or in part, its obligations hereunder to (x) in the case of a reorganization, any Subsidiary of the
Company, or (y) in the case of a Sale Event, any person or entity, in each case having sufficient assets to satisfy the obligations to the Holder hereunder. The rights and obligations of the Company and the Holder under this Note shall be
binding upon and benefit their respective permitted successors, assigns, heirs, administrators and transferees. 
 13. Governing
Law. This Note shall be governed by and construed under the internal laws of The Commonwealth of Massachusetts as applied to agreements among Massachusetts residents entered into and to be performed entirely within The Commonwealth of
Massachusetts, without reference to principles of conflict of laws or choice of laws. 
 14. Headings. The headings and
captions used in this Note are used only for convenience and are not to be considered in construing or interpreting this Note. All references in this Note to sections and exhibits shall, unless otherwise provided, refer to sections hereof and
exhibits attached hereto, all of which exhibits are incorporated herein by this reference. 
 15. Notices. Unless
otherwise provided, any notice required or permitted under this Note shall be given in writing and shall be deemed effectively given (i) at the time of personal delivery, if delivery is in person; (ii) one (1) business day after
deposit with an express overnight courier for United States deliveries, or two (2) business days after such deposit for deliveries outside of the United States, with proof of delivery from the courier requested; or (iii) seven
(7) business days after deposit in the postal service by certified or registered mail (return receipt requested) when addressed to the party to be notified at the address indicated in this Note or for notice to such party under the Stock
Purchase Agreement or at such other address as any party or the Company may designate from time to time. 
 16. Amendments and
Waivers. This Note may only be amended and provisions may only be waived by a written instrument executed by the Holder and the Company. 
 17. Severability. If one or more provisions of this Note are held to be unenforceable under applicable law, such provision(s) shall be excluded from this Note and the balance of the Note shall be interpreted as if such
provision(s) were so excluded and shall be enforceable in accordance with its terms. 
 [Remainder of this page intentionally left blank]

  

 7 

 IN WITNESS WHEREOF, the Company has caused this Note to be signed in its name as of the date first above written.

  

			
	THE COMPANY:
	
	MONOTYPE HOLDINGS, INC.
		
	By:	 	/s/ Robert M. Givens
	Name:	 	Robert M. Givens
	Title:	 	President, Chief Executive Officer
	
	AGREED AND ACKNOWLEDGED:
	
	THE HOLDER
	
	/s/ Chun Tak Chiu Ricky
	CHUN TAK CHIU RICKY

 Address: 
 18H, Yat
Wah Mansion 
 Lei Keing Wan, Hong Kong 

 EXECUTION VERSION 
 THIS NOTE AND THE SECURITIES REPRESENTED HEREBY HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “ACT”) OR ANY STATE SECURITIES OR BLUE SKY LAWS AND MAY NOT BE OFFERED, SOLD,
TRANSFERRED, HYPOTHECATED OR OTHERWISE ASSIGNED EXCEPT (A) (1) PURSUANT TO A REGISTRATION STATEMENT WITH RESPECT TO SUCH SECURITIES WHICH IS EFFECTIVE UNDER THE ACT, (2) PURSUANT TO THE PROVISIONS OF REGULATION S PROMULGATED UNDER THE
ACT (“REGULATION S”) OR (3) PURSUANT TO AN AVAILABLE EXEMPTION FROM REGISTRATION UNDER THE ACT RELATING TO THE DISPOSITION OF SECURITIES AND (B) IN ACCORDANCE WITH APPLICABLE STATE SECURITIES AND BLUE SKY LAWS. HEDGING
TRANSACTIONS INVOLVING REGULATION S SECURITIES MAY NOT BE CONDUCTED UNLESS IN COMPLIANCE WITH THE ACT. 
 SUBORDINATED CONVERTIBLE
PROMISSORY NOTE 
 OF 
 MONOTYPE HOLDINGS, INC. 
  

			
	US$30,000	  	Made as of July 28, 2006

 For value received, Monotype Holdings, Inc., a Delaware corporation (the
“Company”), with principal offices c/o Monotype Imaging, Inc., 500 Unicorn Drive, Woburn, MA 01801, Attention: Chief Financial Officer, hereby promises to pay HUI TAI PANG ROBIN (“Holder”), or
its registered assigns, the principal sum of Thirty-Thousand U.S. Dollars (US$30,000) (the “Principal Amount”), or such lesser amount as shall then equal the outstanding principal amount hereunder, together with simple
interest accruing daily and compounding annually on the unpaid principal balance at a rate equal to the lower of (a) the highest permissible rate under applicable law and (b) 3.9% per annum, computed on the basis of the actual number of
days elapsed and a year of 360 days (the “Rate”) from the date of this Note until the principal amount and all interest accrued thereon and all other amounts owed hereunder are paid (or converted, as provided in
Section 2 hereof). The unpaid Principal Amount, together with any then unpaid accrued interest and all other amounts owed hereunder, shall be due and payable on the earlier of (i) the fourth (4th) anniversary of the date hereof (the “Maturity Date”), (ii) the date such amounts become due and payable upon the occurrence
of an Event of Default (as defined below) in accordance with Section 8 hereof, unless this Note shall have been previously converted pursuant to Section 2 hereof, or (iii) the date of consummation of a Sale Event (as defined in the
Plan) or a Sale (as defined in the Restricted Stock Agreement) (but only if this Note is not converted in connection with such Sale or such Sale Event pursuant to Section 2 hereof) . Any amounts owed hereunder shall be sent by wire transfer in
accordance with instructions included in such notice given by the registered holder of this Note or by check sent by mail to the address of the registered holder of this Note in lawful money of the United States, unless this Note shall have been
previously converted pursuant to Section 2 hereof. This Note is issued to the Holder pursuant to that certain Stock Purchase Agreement, dated as of the date hereof, by and among Monotype Imaging Inc., Holder and other parties named therein
(“Stock Purchase Agreement”) and pursuant to the Holder’s Employment Agreement (as defined in the Stock Purchase Agreement). 

 The following is a statement of the rights of Holder and the conditions to which this Note is subject,
and to which Holder hereof, by the acceptance of this Note, agrees: 
 1. Definitions. The following definitions shall
apply for all purposes of this Note: 
 1.1 “Company” means the “Company” as
defined above and includes any corporation which shall succeed to or assume the obligations of the Company under this Note according to Section 12. 
 1.2 “Conversion Price” means six U.S. dollars ($6.00) per share; provided that the Conversion Price is subject to adjustment as provided herein. 
 1.3 “Conversion Stock” means shares of Common Stock, par value $0.01 per share, of the Company; provided
that the number and character of shares of Conversion Stock are subject to adjustment as provided herein and the term “Conversion Stock” shall include stock and other securities and property at any time receivable or issuable
upon conversion of this Note in accordance with its terms. 
 1.4 “Event of Default” has the meaning
given in Section 8 hereof. 
 1.5 “Holder” means any person who shall at the time be the
registered holder of this Note. 
 1.6 “Note” means this Subordinated Convertible Promissory Note.

 1.7 “Note Cancellation Date” shall mean the date on which this Note is either repaid or converted
in accordance with the terms hereunder. 
 1.8 “Plan” shall mean the Company’s 2004 Amended and
Restated Stock Option and Grant Plan. 
 2. Conversion. 
 2.1 Optional Conversion. At any time on and after the date hereof, the Holder shall have the right, at its option, prior to the
repayment of the outstanding balance under the Note by the Company, to convert such outstanding balance, including principal and interest, of this Note, in whole but not in part, into Conversion Stock at the Conversion Price. Conversion under this
Section 2.1 (such conversion, an “Optional Conversion”) shall occur only upon surrender of this Note for conversion at the principal offices of the Company, accompanied by written notice of election to convert by the
Holder and a fully executed Restricted Stock Agreement in the form of Exhibit A attached hereto (the “Restricted Stock Agreement”). Upon conversion pursuant to this Section 2.1, the Conversion Stock shall be
subject to the terms and provisions of the Restricted Stock Agreement and the Holder shall be bound by the terms thereof in respect of the Conversion Stock. 
 2.2 Automatic Conversion. Notwithstanding anything in this Section 2 to the contrary, this Note, and the entire outstanding
balance, including principal and interest, due at any time under this Note, shall automatically convert into Conversion Stock at the Conversion 

  

 2 

 
Price (such conversion, an “Automatic Conversion”) upon the earliest to occur of (a) exercise of the Drag Along Right (as
defined in the Restricted Stock Agreement) by the Majority Shareholders (as defined in the Restricted Stock Agreement) pursuant to Section 5 of the Restricted Stock Agreement upon a Sale (as such term is defined in the Restricted Stock
Agreement) or (b) an Initial Public Offering (as such term is defined in the Plan); provided, however, that if (i) Vested Shares (as defined in the Restricted Stock Agreement) into which this Note is convertible pursuant to
Section 2.2(a) have a Fair Market Value (as defined in the Restricted Stock Agreement) of less then $30,000, or (ii) if the per share purchase price paid by the Buyer (as defined in the Restricted Stock Agreement) to the Holder under
Section 5 of the Restricted Stock Agreement is less than the Conversion Price, then no such Automatic Conversion shall occur. Upon an Automatic Conversion, Holder shall surrender this Note at the principal offices of the Company, accompanied by
a fully executed Restricted Stock Agreement as soon as possible following such Automatic Conversion. Upon an Automatic Conversion, the Conversion Stock shall be subject to the terms and provisions of the Restricted Stock Agreement and the Holder
shall be bound by the terms thereof in respect of the Conversion Stock. Upon an Automatic Conversion, notwithstanding anything in this Note to the contrary, in the event the Holder fails to surrender this Note and/or to execute the Restricted Stock
Agreement in accordance with this Section 2.2, this Note, and the entire outstanding balance thereof (including any principal or interest amounts), shall be deemed repaid in full and this Note shall represent the Holder’s right to receive,
subject to surrender of this Note and execution in full of the Restricted Stock Agreement, the Conversion Stock into which this Note is convertible upon the Automatic Conversion. 
 3. Issuance of Conversion Stock. Upon conversion of this Note, the Company at its expense will cause to be issued in the name of and
delivered to the Holder, a certificate or certificates for the number of shares of Conversion Stock to which the Holder shall be entitled upon such conversion (bearing such legends as may be required by applicable state and federal securities laws
in the opinion of legal counsel of the Company, by the Company’s certificate of incorporation or bylaws (as each may be amended or restated from time to time, respectively, the “Certificate of Incorporation” and
“Bylaws”), or by any agreement between the Company and the Holder), together with any other securities and property to which the Holder is entitled upon such conversion under the terms of this Note. Such conversion shall be
deemed to have been made, (a) if made in connection with the Initial Public Offering, on the date of the Closing of the Initial Public Offering, and (b) if made otherwise, immediately prior to the close of business on the date that this
Note converted (or deemed converted in the case of an Automatic Conversion pursuant to Section 2.2(a). No fractional shares will be issued upon conversion of this Note. If upon any conversion of this Note, a fraction of a share would otherwise
result, then in lieu of such fractional share the Company will pay the cash value of that fractional share, calculated on the basis of the applicable Conversion Price. Notwithstanding anything in this Note to the contrary, the Company shall not be
obligated to deliver any certificates evidencing Conversion Stock or other instruments to be delivered under this Section 3 until compliance in full by Holder with the conditions for conversion set forth in Section 2. 
  

 3 

 4. Adjustment Provisions. The number and character of shares of Conversion Stock
issuable upon conversion of this Note (or any shares of stock or other securities or property at the time receivable or issuable upon conversion of this Note) and the Conversion Price therefor, are subject to adjustment upon occurrence of the
following events between the date this Note is issued and the Note Cancellation Date: 
 4.1 Adjustment for Stock Splits,
Stock Dividends, Recapitalizations, etc. If the conversion is made under Section 2 above, the Conversion Price of this Note and the number of shares of Conversion Stock issuable upon conversion of this Note (or any shares of stock or other
securities at the time issuable upon conversion of this Note) shall each be proportionally adjusted to reflect any stock dividend, stock split, reverse stock split, reclassification, recapitalization or other similar event affecting the number of
outstanding shares of Conversion Stock (or such other stock or securities). 
 4.2 Adjustment for Other Dividends and
Distributions. In case the Company shall make or issue, or shall fix a record date for the determination of eligible holders entitled to receive, a dividend or other distribution payable with respect to the capital stock that is payable in
(a) securities of the Company (other than issuances with respect to which adjustment is made under Section 4.1), or (b) assets (including cash), then, and in each such case, the Holder, upon conversion of this Note at any time after
the consummation, effective date or record date of such event, shall receive, in addition to the shares of Conversion Stock issuable upon such exercise prior to such date, the securities or assets (including cash) of the Company to which the Holder
would have been entitled upon such date if the Holder had converted this Note immediately prior thereto (all subject to further adjustment as provided in this Note). 
 4.3 Adjustment for Reorganization, Consolidation, Merger. In case of any reorganization of the Company (or of any other entity the
stock or other securities of which are at the time receivable on the conversion of this Note), after the date this Note, or in case, after such date, the Company (or any such entity) shall consolidate with or merge into another entity or convey all
or substantially all of its assets to another entity and then distribute the proceeds to its stockholders, then, and in each such case, the Holder, upon the conversion of this Note (as provided in Section 2) at any time after the consummation
of such reorganization, consolidation, merger or conveyance, shall be entitled to receive, in lieu of the stock or other securities and property receivable upon the conversion of this Note prior to such consummation, the stock or other securities or
property to which the Holder would have been entitled upon the consummation of such reorganization, consolidation, merger or conveyance if the Holder had converted this Note immediately prior thereto, all subject to further adjustment as provided in
this Note, and the successor or purchasing entity in such reorganization, consolidation, merger or conveyance (if other than the Company) shall duly execute and deliver to the Holder a supplement hereto acknowledging such entity’s obligations
under this Note; and in each such case, the terms of the Note shall be applicable to the shares of stock or other securities or property receivable upon the conversion of this Note after the consummation of such reorganization, consolidation, merger
or conveyance. 
 4.4 Notice of Adjustments. The Company shall promptly give written notice of each adjustment or
readjustment of the Conversion Price or the number of shares of Conversion Stock or other securities issuable upon conversion of this Note. The notice shall describe the adjustment or readjustment and show in reasonable detail the facts on which the
adjustment or readjustment is based. 
  

 4 

 4.5 No Change Necessary. The form of this Note or the Restricted Stock Agreement
to be executed in connection with conversion of this Note pursuant to Section 2 need not be changed because of any adjustment in the Conversion Price or in the number of shares of Conversion Stock issuable upon its conversion. 
 4.6 Reservation of Stock. If at any time the number of shares of Conversion Stock or other securities issuable upon conversion of
this Note shall not be sufficient to effect the conversion of this Note, the Company will take such corporate action as may, in the opinion of its counsel, be necessary to increase its authorized but unissued shares of Conversion Stock or other
securities issuable upon conversion of this Note as shall be sufficient for such purpose. 
 5. No Rights or Liabilities as
Stockholder. This Note does not by itself entitle the Holder to any voting rights or other rights as a stockholder of the Company. In the absence of conversion of this Note, no provisions of this Note, and no enumeration herein of the rights
or privileges of the Holder, shall cause the Holder to be a stockholder of the Company for any purpose. 
 6.
Prepayment. The Company may not, at any time prior to the Maturity Date (but other than any conversion hereunder) prepay in whole or in part the unpaid balance of this Note. 
 7. [Intentionally Omitted.] 
 8. Events of Default. (a) The occurrence of any of the following shall constitute an “Event of Default” under this Note: 
 (i) Failure to Pay. The Company shall fail to pay when due any principal or interest or other payment on the due date hereunder;

 (ii) Breaches of Covenants. The Company shall fail to observe or perform any other covenant, obligation, condition
or agreement contained in this Note (other than those specified in Section 8(a)(i) above) and such failure shall continue for fifteen (15) days; 
 (iii) Representations and Warranties. Any representation or warranty made by the Company to the Holder under this Note shall be false, incomplete or misleading in any material respect when made; 
 (iv) Voluntary Bankruptcy or Insolvency Proceedings. The Company shall (A) apply for or consent to the appointment of a
receiver, trustee, liquidator or custodian of itself or of a substantial part of its property, (B) be unable, or admit in writing its inability, to pay its debts generally as they mature, (C) make a general assignment for the benefit of
its or any of its creditors, (D) be dissolved or liquidated, (E) become insolvent (as such term may be defined or interpreted under any applicable statute), (F) commence a voluntary case or other proceeding seeking liquidation,
reorganization or other relief with respect to itself or its debts under any bankruptcy, insolvency or other similar law now or hereafter in effect or consent to any such relief or to the appointment of or taking possession of its property by any
official in an involuntary case or other proceeding commenced against it, or (G) take any action for the purpose of effecting any of the foregoing; or 
  

 5 

 (v) Involuntary Bankruptcy or Insolvency Proceedings. Proceedings for the
appointment of a receiver, trustee, liquidator or custodian of the Company or of a substantial part of the property thereof, or an involuntary case or other proceedings seeking liquidation, reorganization or other relief with respect to the Company
or the debts thereof under any bankruptcy, insolvency or other similar law now or hereafter in effect shall be commenced and an order for relief entered or such proceeding shall not be dismissed or discharged within thirty (30) days of
commencement. 
 (b) Upon the occurrence or existence of any Event of Default (other than an Event of Default, referred to in
Sections 8(a)(iv) and (v) and at any time thereafter during the continuance of such Event of Default, the Holder may, by written notice to the Company, declare all outstanding principal, interest and other amount payable by the Company
hereunder to be immediately due and payable whereupon the same shall become immediately due and payable without presentment, demand, protest or any other notice of any kind, all of which are hereby expressly waived. Upon the occurrence or existence
of any Event of Default described in Sections 8(a)(iv) and (v), immediately and without notice, all outstanding principal, interest and other amount payable by the Company hereunder shall automatically become immediately due and payable, without
presentment, demand, protest or any other notice of any kind, all of which are hereby expressly waived. 
 9.
Subordination. Notwithstanding anything herein to the contrary, the Company’s obligations to Holder hereunder shall be subordinate in all respect (including any payment obligations hereunder) to the rights of any lender (or other
party extending credit) to the Company which requests in writing that this Note be subordinate and/or junior to the Company’s obligations pursuant to such loan or extension of credit (any such lender or other party, a “Senior Lender”
and such loan or extension of credit, a “Senior Loan”). Holder hereby covenants and agrees to execute and deliver, if requested by the Company, any and all documents and agreements necessary to effect the subordination contemplated by the
immediately preceding sentence. 
 10. No Impairment. The Company will not, by amendment of its Certificate of
Incorporation or Bylaws, or through reorganization, consolidation, merger, dissolution, issue or sale of securities, sale of assets or any other voluntary action, willfully avoid or seek to avoid the observance or performance of any of the terms of
this Note, but will at all times in good faith assist in the carrying out of all such terms and in the taking of all such action as may be necessary or appropriate in order to protect the rights of the Holder under this Note against wrongful
impairment. Without limiting the generality of the foregoing, the Company will take all such action as may be necessary or appropriate in order that the Company may duly and validly issue fully paid and nonassessable shares of Conversion Stock upon
the conversion of this Note. 
 11. Waivers. The Company and all endorsers of this Note hereby waive notice,
presentment, protest and notice of dishonor. 
  

 6 

 12. Transfer. This Note and any rights or obligations hereunder may not be assigned,
conveyed or transferred, in whole or in part, by any party hereto without the prior written consent of the other party hereto; provided that the Company may (i) in connection with any reorganization of the Company and its Affiliates (as
defined in the Stock Purchase Agreement), or (ii) in connection with any Sale Event, assign, convey, or otherwise transfer, in whole or in part, its obligations hereunder to (x) in the case of a reorganization, any Subsidiary of the
Company, or (y) in the case of a Sale Event, any person or entity, in each case having sufficient assets to satisfy the obligations to the Holder hereunder. The rights and obligations of the Company and the Holder under this Note shall be
binding upon and benefit their respective permitted successors, assigns, heirs, administrators and transferees. 
 13. Governing
Law. This Note shall be governed by and construed under the internal laws of The Commonwealth of Massachusetts as applied to agreements among Massachusetts residents entered into and to be performed entirely within The Commonwealth of
Massachusetts, without reference to principles of conflict of laws or choice of laws. 
 14. Headings. The headings and
captions used in this Note are used only for convenience and are not to be considered in construing or interpreting this Note. All references in this Note to sections and exhibits shall, unless otherwise provided, refer to sections hereof and
exhibits attached hereto, all of which exhibits are incorporated herein by this reference. 
 15. Notices. Unless
otherwise provided, any notice required or permitted under this Note shall be given in writing and shall be deemed effectively given (i) at the time of personal delivery, if delivery is in person; (ii) one (1) business day after
deposit with an express overnight courier for United States deliveries, or two (2) business days after such deposit for deliveries outside of the United States, with proof of delivery from the courier requested; or (iii) seven
(7) business days after deposit in the postal service by certified or registered mail (return receipt requested) when addressed to the party to be notified at the address indicated in this Note or for notice to such party under the Stock
Purchase Agreement or at such other address as any party or the Company may designate from time to time. 
 16. Amendments and
Waivers. This Note may only be amended and provisions may only be waived by a written instrument executed by the Holder and the Company. 
 17. Severability. If one or more provisions of this Note are held to be unenforceable under applicable law, such provision(s) shall be excluded from this Note and the balance of the Note shall be interpreted as if such
provision(s) were so excluded and shall be enforceable in accordance with its terms. 
 [Remainder of this page intentionally left blank]

  

 7 

 IN WITNESS WHEREOF, the Company has caused this Note to be signed in its name as of the date first above written.

  

			
	THE COMPANY:
	
	MONOTYPE HOLDINGS, INC.
		
	By:	 	/s/ Robert M. Givens
	Name:	 	Robert M. Givens
	Title:	 	President, Chief Executive Officer
	
	AGREED AND ACKNOWLEDGED:
	
	THE HOLDER
	
	/s/ Hui Tai Pang Robin
	HUI TAI PANG ROBIN

 Address: 
 11/F, Flat
B 
 Kwong Fung House 
 18 Nam Cheong Street 
 Shum Shui Po 
 Kowloon, Hong Kong

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00116-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00116-of-00352.parquet"}]]