Document:

Exhibit 10.28  

BLADELOGIC, INC.  

Director Stock Restriction Agreement  

	Name of Grantee:	 	(the "Grantee")
	No. of Shares:	 	Shares of Common Stock
	Grant Date:	 	(the "Grant Date")

        On
the date hereof, BladeLogic, Inc., a Delaware corporation, (together with its successors, the "Company"), has issued to the individual named above, who is an officer, employee,
director, consultant or other key person of the Company, the number of Shares (as defined below) specified above. In consideration of the Grantee's service as a director of the Company, the Grantee
hereby agrees to the provisions set forth herein and acknowledges that each such provision is a material condition of his service to the Company's. 

        All
references to share prices and amounts herein shall be equitably adjusted to reflect stock splits, stock dividends, recapitalizations, mergers, reorganizations and similar changes
affecting the capital stock of the Company, and any shares of capital stock of the Company received on or in respect of Shares in connection with any such event (including any shares of capital stock
or any right, option or warrant to receive the same or any security convertible into or exchangeable for any such shares or received upon conversion of any such shares) shall be subject to this
Agreement on the same basis and extent at the relevant time as the Shares in respect of which they were issued, and shall be deemed Shares as if and to the same extent they were issued at the date
hereof. 

        1.    Definitions.    For the purposes of this Agreement, the following terms shall have the following respective
meanings. 

        "Bankruptcy" means (i) the filing of a voluntary petition under any bankruptcy or insolvency law, or a petition for the appointment
of a receiver or the making of an assignment for the benefit of creditors, with respect to the Grantee or any Permitted Transferee, or (ii) the Grantee or any Permitted Transferee being
subjected involuntarily to such a petition or assignment or to an attachment or other legal or equitable interest with respect to the Grantee's or the Permitted Transferee's assets, which involuntary
petition or assignment or attachment is not discharged within 60 days after its date, and (iii) the Grantee or any Permitted Transferee being subject to a transfer of Shares by operation
of law (including by divorce, even if not insolvent), except by reason of death. 

        "Common Stock" means the Company's common stock, par value $.001 per share, together with any shares into which Common Stock may be
converted or exchanged, as provided above and herein. 

        "Initial Public Offering" means the closing of a firm commitment underwritten public offering of the Company yielding aggregate net
proceeds to the Company of at least $15,000,000 at a price per share of Common Stock of at least $2.50 (as appropriately adjusted for stock splits, stock combinations, stock dividends and
recapitalizations). 

        "Permitted Transferees" means any of the following to whom the Grantee may transfer Shares hereunder (as set forth in Section 4):
the Grantee's spouse, children (natural or adopted), stepchildren or a trust for their sole benefit of which the Grantee is the settlor; provided,
however, that any such trust does not require or permit distribution of any Shares during the term of this Agreement unless subject to this Agreement. Upon the death of the
Grantee (or a Permitted Transferee to whom shares have been transferred hereunder), the term Permitted Transferees shall also include such deceased Grantee's (or such deceased Permitted Transferee's)
estate, executors, administrators, personal representatives, heirs, legatees and distributees, as the case may be. 

 

        "Person" means any individual, corporation, partnership (limited or general), limited liability company, limited liability partnership,
association, trust, joint venture, unincorporated organization or any similar entity. 

        "Restricted Shares" initially means all of the Shares being purchased by the Grantee on the date hereof, provided  that on each of the dates listed below, the respective
number of Shares indicated below shall become Vested Shares if Grantee remains a director of the Company on each such
date. 

	Vesting Date
 
	 	Percentage of Shares Becoming Vested
	 
	 	 	25	%
	The 28th day of each month thereafter, for the following 36 months	 	2.0833	%

        In
addition to the foregoing, in the event of a winding up of the Company or the consummation of a Sale Event, there shall be an accelerated vesting of one hundred percent (100%) of the
Restricted Shares which are then unvested. 

        "Private Transaction" means a transaction where the consideration received or retained by the holders of the then outstanding shares of
Preferred Stock of the Company (or the Common Stock issued upon conversion thereof) does not consist of (i) cash or cash equivalent consideration, (ii) securities which are registered
under the Securities Act of 1933, as amended (the "Securities Act") and/or (iii) securities for which the Company or any other issuer thereof has agreed to file a registration statement
within 90 days of the completion of the transaction for resale to the public pursuant to the Securities Act. 

        "Sale Event" means any of: (i) the dissolution or liquidation of the Company, (ii) the sale of all or substantially all of
the assets of the Company on a consolidated basis to an unrelated person or entity, (iii) a merger, reorganization or consolidation in which the outstanding shares of stock of the Company are
converted into or exchanged for securities of the successor entity and the holders of the Company's outstanding voting power immediately prior to such transaction do not own a majority of the
outstanding voting power of the successor entity immediately upon completion of such transaction, (iv) the sale of all or a majority of the outstanding capital stock of the Company to an
unrelated person or entity or (v) any other transaction in which the owners of the Company's outstanding voting power prior to such transaction do not own at least a majority of the outstanding
voting power of the successor entity immediately upon completion of the transaction; provided, however, that neither (a) a sale of the Company's
equity for the purpose of fundraising (including pursuant to an Initial Public Offering or otherwise) nor (b) a Private Transaction shall be deemed a Sale Event. 

        "Shares" means the number of shares of Common Stock subject to this Stock Restriction Agreement and any additional shares of Common Stock
or other securities received in respect of the Shares, as a dividend on, or otherwise on account of, the Shares. 

        "Termination Event" means the termination of the Grantee's service as a director of the Company whether by reason of retirement, discharge
or any other reason, voluntarily or involuntarily, regardless of the circumstances thereof. After a Termination Event, the Grantee shall cease to vest in any Restricted Shares. 

        "Vested Shares" means all Shares which are not Restricted Shares. 

        2.    Investment Representations.    In connection with the issuance of the Shares, the Grantee hereby represents and
warrants to the Company as follows: 

          (i)  The
Grantee is receiving the Shares for the Grantee's own account for investment only, and not for resale or with a view to the distribution thereof. 

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         (ii)  The
Grantee has had such an opportunity as he or she has deemed adequate to obtain from the Company such information as is necessary to permit him or her to evaluate
the merits and risks of the Grantee's investment in the Company and has consulted with the Grantee's own advisers with respect to the Grantee's investment in the Company. 

        (iii)  The
Grantee has sufficient experience in business, financial and investment matters to be able to evaluate the risks involved in the purchase of the Shares and to make
an informed investment decision with respect to such purchase. 

        (iv)  The
Grantee can afford a complete loss of the value of the Shares and is able to bear the economic risk of holding such Shares for an indefinite period. 

         (v)  The
Grantee understands that the Shares are not registered under the Act or any applicable state securities or "blue sky" laws and may not be sold or otherwise
transferred or disposed of in the absence of an effective registration statement under the Act and under any applicable state securities or "blue sky" laws (or exemptions from the registration
requirements thereof). The Grantee further acknowledges that certificates representing the Shares will bear restrictive legends reflecting the foregoing. 

        3.    Repurchase Right.    

        (a)    Repurchase.    Upon the occurrence of (i) a Termination Event or (ii) the Bankruptcy of the
Grantee, the Company or its assigns shall have the right and option to repurchase all or any portion of the Restricted Shares held by the Grantee or any Permitted Transferee as of the date of such
Sale Event, Termination Event or Bankruptcy (after giving effect to any acceleration of vesting provided herein). In addition, upon the Bankruptcy of any of the Grantee's Permitted Transferees, the
Company or its assigns shall have the right and option to repurchase all or any portion of the Restricted Shares held by such Permitted Transferee as of the date of such Bankruptcy. The purchase and
sale arrangements contemplated by the preceding sentences of this Section 3(a) are referred to herein as the "Repurchase." The Company shall have no Repurchase right upon a Sale Event other
than as described in this paragraph. 

        (b)    Repurchase Price.    The per share purchase price of the Restricted Shares subject to the Repurchase (the
"Repurchase Price") shall be, subject to adjustment as provided herein, $.001 per Share. 

        (c)    Closing Procedure.    The Company or its assigns shall effect the Repurchase (if so elected) by delivering or
mailing to the Grantee (and/or, if applicable, any Permitted Transferees) written notice (i) at least 30 days prior to the closing of a Sale Event or (ii) within six
(6) months after the Termination Event or Bankruptcy, specifying the expected closing date of such Sale Event or a date within such six-month period in which the Repurchase shall be
effected, as applicable. Upon such notification, the Grantee and any Permitted Transferees shall promptly surrender to the Company any certificates representing the Shares being purchased, together
with a duly executed stock power for the transfer of such Shares to the Company or the Company's assignee or assignees. Upon the Company's or its assignee's receipt of the certificates from the
Grantee or any Permitted Transferees, the Company or its assignee or assignees shall deliver to him, her or them a check for the Repurchase Price of the Shares being purchased,  provided, however, that
the Company may pay the Repurchase Price for such
shares by offsetting and canceling any indebtedness then owed by the Grantee to the Company. The Repurchase right specified herein shall survive and remain in effect as to Restricted Shares following
and notwithstanding any public offering by or merger or other transaction involving the Company, and certificates representing such Restricted Shares shall bear legends to such effect. 

        4.    Restrictions on Transfer of Shares.    None of the Shares now owned or hereafter acquired shall be sold,
assigned, transferred, pledged, hypothecated, given away or in any other manner disposed 

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of
or encumbered, whether voluntarily or by operation of law, unless such transfer is in compliance with all applicable securities laws (including, without limitation, the Act), such disposition is in
accordance with the terms and conditions of this Section 4 and such disposition does not cause the Company to become subject to the reporting requirements of the Securities Exchange Act of
1934. In connection with any transfer of Shares, the Company may require the transferor to provide at the transferor's expense an opinion of counsel to the transferor, satisfactory to the Company,
that such transfer is in compliance with all foreign, federal and state securities laws (including, without limitation, the Act). Any attempted disposition of Shares not in accordance with the terms
and conditions of this Section 4 shall be null and void, and the Company shall not reflect on its records any change in record ownership of any Shares as a result of any such disposition, shall
otherwise refuse to recognize any such disposition and shall not in any way give effect to any such disposition of any Shares. Subject to the foregoing general provisions, Shares may be transferred
pursuant to the following specific terms and conditions: 

        (a)    Transfers to Permitted Transferees.    The Grantee (but not any transferee thereof) may sell, assign, transfer
or give away any or all of the Shares to Permitted Transferees; provided, however, that such Permitted Transferee(s) shall, as a condition to any such
transfer, agree to be subject to the provisions of this Agreement (including, without limitation, the provisions of Section 3 and this Section 4) and shall have delivered a written
acknowledgment to that effect to the Company. 

        (b)    Transfers Upon Death.    Upon the death of the Grantee, all Shares shall be subject to the Repurchase and all
Vested Shares shall be and remain subject to Section 4(c), if applicable, and the Grantee's estate, executors, administrators, personal representatives, heirs, legatees and distributees shall
be obligated to convey such Shares to the Company or its assigns under the terms contemplated hereby. 

        (c)    Other Transfers; Notice; Right of First Refusal.    In the event that the Grantee (or any Permitted Transferee
holding Shares subject to this Section 4(c)) desires to sell or otherwise transfer all or any part of the Vested Shares (but in no event Restricted Shares, which shall not be sold or
transferred except as contemplated by Section 3(a), 3(c) or 4(a) or (b)), the Grantee (or Permitted Transferee) first shall give written notice to the Company of the Grantee's (or Permitted
Transferee's) intention to make such transfer. Such notice shall state the number of Vested Shares which the Grantee (or Permitted Transferee) proposes to sell (the "Offered Shares"), the price and
the terms at which the proposed sale is to be made and the name and address of the proposed transferee. At any time within 10 days after the receipt of such notice by the Company, the Company
or its assigns may elect to purchase all or any portion of the Offered Shares at the price and on the terms offered by the proposed transferee and specified in the notice. The Company or its assigns
shall exercise this right by mailing or delivering written notice to the Grantee (or Permitted Transferee) within the foregoing 10-day period. If the Company or its assigns elect to
exercise its purchase rights under this Section 4(c), the closing for such purchase shall, in any event, take place within 45 days after the receipt by the Company of the initial notice
from the Grantee (or Permitted Transferee). In the event that the Company or its assigns do not elect to exercise such purchase right, or in the event that the Company or its assigns do not pay the
full purchase price within such 45-day period, the Grantee (or Permitted Transferee) may, within 60 days thereafter, sell the Offered Shares to the proposed transferee and at the
same price and on the same terms as specified in the Grantee's (or Permitted Transferee's) notice; provided, that after the expiration of such 60-day period, any proposed transfer must
comply with all of the provisions of this Section 4(c). Any Shares purchased by such proposed transferee shall no longer be subject to the terms of this Agreement. Any Shares not sold to the
proposed transferee shall remain subject to this Agreement. Notwithstanding the foregoing, the restrictions on the transfer of Vested Shares contained in this Section 4(c) shall terminate upon
the closing of the Company's Initial Public Offering or upon consummation of any Sale Event, in either case as a result of which 

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shares
of the Company (or successor entity) of the same class as the Shares are registered under Section 12 of the Exchange Act of 1934 and publicly traded on NASDAQ/NMS or any national
securities exchange. 

        5.    Legend.    Any certificate(s) representing the Shares shall carry substantially the following legend: 

        "The
transferability of this certificate and the shares of stock represented hereby are subject to the restrictions, terms and conditions (including repurchase and restrictions against
transfers) contained in a certain Stock Restriction Agreement between the Company and the holder of this certificate (a copy of which is available at the offices of the Company for examination)." 

        "The
shares represented by this certificate have not been registered under the Securities Act of 1933 or the securities laws of any state. The shares may not be sold or transferred in
the absence of such registration or an exemption from registration." 

        6.    Escrow Arrangement.    

        (a)    Escrow.    In order to carry out the provisions of Sections 3 and 4 of this Agreement more effectively, the
Company shall hold the Shares in escrow together with separate stock powers executed by the Grantee in blank for transfer, and any Permitted Transferee shall, as an additional condition to any
transfer of Shares, execute a like stock power as to such Shares. The Company shall not dispose of the Shares except as otherwise provided in this Agreement. In the event of any repurchase by the
Company (or any of its assigns), the Company is hereby authorized by the Grantee and any Permitted Transferee, as the Grantee's and each such Permitted Transferee's
attorney-in-fact, to date and complete the stock powers necessary for the transfer of the Shares being purchased and to transfer such Shares in accordance with the terms
hereof. At such time as any Shares are no longer subject to the Company's repurchase and first refusal rights, the Company shall, at the written request of the Grantee, deliver to the Grantee (or the
relevant Permitted Transferee) a certificate representing such Shares with the balance of the Shares (if any) to be held in escrow pursuant to this Section 6. 

        (b)    Remedy.    Without limitation of any other provision of this Agreement or other rights, in the event that the
Grantee, any Permitted Transferees or any other person or entity is required to sell the Grantee's Shares pursuant to the provisions of Section 3 and 4 of this Agreement and in the further
event that he or she refuses or for any reason fails to deliver to the designated purchaser of such Shares the certificate or certificates evidencing such Shares together with a related stock power,
such designated purchaser may deposit the applicable purchase price for such Shares with a bank designated by the Company, or with the Company's independent public accounting firm, as agent or
trustee, or in escrow, for the Grantee, any Permitted Transferees or other person or entity, to be held by such bank or accounting firm for the benefit of and for delivery to him, her, them or it,
and/or, in its discretion, pay such purchase price by offsetting any indebtedness then owed by the Grantee as provided above. Upon any such deposit and/or offset by the designated purchaser of such
amount and upon notice to the person or entity who was required to sell the Shares to be sold pursuant to the provisions of Section 3 and 4, such Shares shall at such time be deemed to have
been sold, assigned, transferred and conveyed to such purchaser, the holder thereof shall have no further rights thereto (other than the right to withdraw the payment thereof held in escrow, if
applicable), and the Company shall record such transfer in its stock transfer book or in any appropriate manner. 

        7.    Withholding Taxes.    The Grantee acknowledges and agrees that the Company or any of its Subsidiaries have the
right to deduct from payments of any kind otherwise due to the Grantee, or from the Shares held pursuant to Section 6 hereof, the minimum federal, state or local taxes of any kind required by
law to be withheld with respect to the purchase of the Shares by the Grantee. In 

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furtherance
of the foregoing the Grantee agrees to elect, in accordance with Section 83(b) of the Internal Revenue Code of 1986, as amended, to recognize ordinary income in the year of entering
into this Stock Restriction Agreement, and to pay to the Company all withholding taxes shown as due on his or her Section 83(b) election form, or otherwise ultimately determined to be due with
respect to such election, based on the excess, if any, of the fair market value of such Shares as of the date of the purchase of such Shares by the Grantee over the purchase price for such Shares. 

        8.    Assignment.    At the discretion of the Board, the Company shall have the right to assign the right to exercise
its rights with respect to the Repurchase or pursuant to Section 4(c) to any Person or Persons, in whole or in part in any particular instance, upon the same terms and conditions applicable to
the exercise thereof by the Company, and such assignee or assignees of the Company shall then take and hold any Shares so acquired subject to such terms as may be specified by the Company in
connection with any such assignment. 

        9.    Miscellaneous Provisions.    

        (a)    Lockup provision.    The Grantee and each Permitted Transferee shall agree, if requested by the Company and any
underwriter engaged by the Company, not to sell or otherwise transfer or dispose of any securities of the Company (including, without limitation pursuant to Rule 144 under the Act (or any
successor or similar exemptive rule hereafter in effect)) held by them for such period following the effective date of any registration statement of the Company filed under the Act as the Company or
such underwriter shall specify reasonably and in good faith, not to exceed 180 days in the case of the Company's Initial Public Offering or 90 days in the case of any other public
offering; provided, that such restriction shall only apply if all directors, officers and 5% stockholders of the Company are also subject to similar restrictions. 

        (b)    Record Owner; Dividends.    The Grantee and any Permitted Transferees, during the duration of this Agreement,
shall be considered the record owners of and shall be entitled to vote the Shares if and to the extent the Shares are entitled to voting rights. The Grantee and any Permitted Transferees shall be
entitled to receive all dividends and any other distributions declared on the Shares; provided, however, that the Company is under no duty to declare
any such dividends or to make any such distributions. 

        (c)    Equitable Relief.    The parties hereto agree and declare that legal remedies are inadequate to enforce the
provisions of this Agreement and that equitable relief, including specific performance and injunctive relief, may be used to enforce the provisions of this Agreement. 

        (d)    Change and Modifications.    This Agreement may not be orally changed, modified or terminated, nor shall any
oral waiver of any of its terms be effective. This Agreement may be changed, modified or terminated only by an agreement in writing signed by the Company and the Grantee. 

        (e)    Governing Law.    This Agreement shall be governed by and construed in accordance with the laws of Delaware
without regard to conflict of law principles. 

        (f)    Headings.    The headings are intended only for convenience in finding the subject matter and do not constitute
part of the text of this Agreement and shall not be considered in the interpretation of this Agreement. 

        (g)    Saving Clause.    If any provision(s) of this Agreement shall be determined to be illegal or unenforceable,
such determination shall in no manner affect the legality or enforceability of any other provision hereof. 

        (h)    Notices.    All notices, requests, consents and other communications shall be in writing and be deemed given
when delivered personally, by telex or facsimile transmission or when received if mailed by first class registered or certified mail, postage prepaid. Notices to the 

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Company
or the Grantee shall be addressed as set forth underneath their signatures below, or to such other address or addresses as may have been furnished by such party in writing to the other.
Notices to any holder of the Shares other than the Grantee shall be addressed to the address furnished by such holder to the Company. 

        (i)    Benefit and Binding Effect.    This Agreement shall be binding upon and shall inure to the benefit of the
parties hereto, their respective successors, assigns, and legal representatives. Without limitation of the foregoing, upon any stock-for-stock merger or similar transaction in
which the Company is not the surviving entity, shares of the Company's successor issued in respect of the Shares shall remain subject to vesting, the Repurchase and the right of first refusal
hereunder, subject to the acceleration provisions hereof. The Company has the right to assign this Agreement, and the assignee shall become entitled to all the rights of the Company hereunder to the
extent of such assignment. 

        (j)    Counterparts.    For the convenience of the parties and to facilitate execution, this Agreement may be executed
in two or more counterparts, each of which shall be deemed an original, but all of which shall constitute one and the same document. 

[SIGNATURE
PAGE FOLLOWS] 

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        IN
WITNESS WHEREOF, the Company and the Grantee have executed this Stock Restriction Agreement as of the date first above written. 

	 	 	COMPANY
	

 	
 	

BLADELOGIC, INC.
	

 	
 	

By:	
 	

 
	 	 	 	 	
 Name:

Title:
	

 	
 	

GRANTEE:
	

 	
 	

 Name:
	

 	
 	

Address:
	

 	
 	

	

 	
 	

Spousal Consent 

                        (Grantee's
spouse) indicates by the execution of this Stock Restriction Agreement her consent to be bound by the terms hereof as to her interests, whether as community property or
otherwise, if any, in the Shares. 

	
 Signature	 	 

8Filed by Automated Filing Services Inc. (604)609-0244 - Novori Inc. - Exhibit 4.1

 CERTIFICATE OF DESIGNATION,

  PREFERENCES AND RIGHTS

 of

 SERIES A CONVERTIBLE PREFERRED STOCK

 of 

NOVORI INC.

Pursuant to Section 151 of the General Corporation Law of the State of Delaware (the “DGCL”), the undersigned officer of Novori Inc., a corporation organized and existing under the DGCL (the “Corporation”), in accordance with the
provisions of Section 103 thereof, DOES HEREBY CERTIFY:

   1. That by resolution of the Board of Directors of the Corporation
    (hereinafter called the “Board of Directors” or the “Board”)
    adopted on June 12, 2007, and by a Certificate of Designation of Series A
    Convertible Preferred Stock to be filed in the office of the Secretary of
    State of the State of Delaware, the Corporation authorized the issuance of
    a series of 19,000,000 shares of Series A Convertible Preferred Stock of the
    Corporation and established the voting powers, Designation, preferences and
    relative, participating and other rights, and the qualifications, limitations
    or restrictions thereof.

   2. That no shares of Series A Convertible Preferred Stock
    of the Corporation have been issued.

   3. That pursuant to the authority conferred upon the Board
    of Directors by the Corporation’s Certificate of Incorporation (the “Certificate
    of Incorporation”), and Section 151(g) of the DGCL, on June 12, 2007,
    the Board of Directors adopted the following resolution determining and establishing,
    effective on the date this Certificate of Designation of Series A Convertible
    Preferred Stock is filed in the office of the Secretary of State of the State
    of Delaware, the provisions of the Certificate of Designation of Series A
    Convertible Preferred Stock:

RESOLVED, that pursuant to the authority granted to and vested in the Board of Directors in accordance with the provisions of the Certificate of Incorporation, the Board of Directors hereby creates a series of Preferred Stock of the Corporation and
hereby states the designation and number of shares, and fixes the relative rights and preferences thereof (in addition to the provisions set forth in the Certificate of Incorporation which are applicable to the Preferred Stock of all classes and
series) as follows:

 Novori Inc. – Certificate of Designation

  Page 1 of 6

 SERIES A CONVERTIBLE PREFERRED STOCK

I. Designation and Amount. The shares of such series shall be designated as “Series A Convertible Preferred Stock” (“Series A Preferred Stock”) and the number of shares constituting such series shall be 19,000,000. Such
number of shares may be increased or decreased by resolution of the Board of Directors, provided, that no decrease shall reduce the number of shares of Series A Preferred Stock to a number less than that of the shares then outstanding plus the
number of shares reserved for issuance upon the exercise of outstanding options, rights or warrants or upon the conversion of any outstanding securities issued by the Corporation convertible into Series A Preferred Stock.

	 II. 	 Dividends and Distributions.

	 	 	 
		 (A) 	 The holders of the Series A Preferred Stock shall
        be entitled to such dividends as the Board of Directors may declare in
        its discretion; provided, however, that no dividend on the Series A Preferred
        Stock shall be declared unless contemporaneously therewith the Board of
        Directors shall declare a dividend, payable at the same time as such dividend
        on the common shares, on each common share, then outstanding in an amount
        equal to the amount of the dividend payable at the time on each Series
        A Preferred Stock .

	 	 	 
		 (B) 	 The Corporation shall declare a dividend or distribution
        on the Series A Preferred Stock as provided in paragraph (A) of this Section
        immediately after it declares a dividend or distribution on the common
        stock.

 III. Voting Rights. The holders of shares of Series
  A Preferred Stock shall have the following voting rights:

(A) Except as otherwise provided herein or as required
  by the provisions of Delaware Law, the Series A Preferred Stock shall be voted
  equally with the shares of the common stock of the Corporation and not as a
  separate class, at any annual or special meeting of shareholders of the Corporation,
  and may act by written consent in the same manner as the common stock, in either
  case upon the following basis: each share of Series A Preferred Stock shall
  entitle to the holder thereof to one vote on all matters submitted to a vote
  of the stockholders of the Corporation.

(B) Except as otherwise provided herein, the holders
  of shares of Series A Preferred Stock and the holders of shares of common stock
  of the Corporation shall vote together as one class on all matters submitted
  to a vote of stockholders of the Corporation.

(C) Except as set forth herein, the holders of Series
  A Preferred Stock shall have no special voting rights and their consent shall
  not be required (except to the extent they are entitled to vote with holders
  of common stock as set forth herein) for taking any corporate action.

(D) The holders of Series A Preferred Stock shall be
  entitled to receive the same prior notice of any shareholders’ meeting
  as provided to the holders of common stock in accordance with the Bylaws of
  the Corporation, as well as prior notice of all shareholder actions to be taken
  by legally available means in lieu of meeting, and shall vote with holders of
  the common stock upon any matter submitted to a vote of shareholders, except
  those matters required by law or by the terms hereof, to be submitted to a class
  vote of the 

 Novori Inc. – Certificate of Designation

  Page 2 of 6

holders of Preferred Stock. Fractional shares shall
  be permitted, and any fractions shall be counted in computing voting rights.

(E) For so long as shares of Series A Preferred Stock
  remain outstanding, in addition to any other vote or consent required herein
  or by law, the vote or written consent of the holders of a majority of the outstanding
  Series A Preferred Stock shall be necessary for effecting or validating the
  following actions:

(i) Any amendment, alteration, or repeal of any provision
  of the Certificate of Incorporation or Bylaws of the Corporation or any other
  action that materially and adversely alters or changes the voting powers, preferences,
  or other special rights or privileges, or restrictions of the Series A Preferred
  Stock, subject to this Certificate of Designation; or

(ii) Any increase in the authorized number of shares
  of Series A Preferred Stock.

	 VI. 	 Preference on Liquidation.

	 	 	 
		 (A) 	 Preferential Amount. In the event of any voluntary
        or involuntary liquidation ,distribution of assets (other than the payment
        of dividends), dissolution or winding-up of the Corporation, before any
        payment or distribution of the assets of the Corporation (whether capital
        or surplus) shall be made to or set apart for the holders of shares of
        common stock of the Corporation, the holders of shares of Series A Preferred
        Stock shall be entitled to receive payment of their pro rata share of
        the total value of the assets and funds of the Corporation to be distributed,
        assuming the conversion of Series A Preferred Stock to common stock.

	 	 	 
		 (B) 	 Insufficient Proceeds. If, upon any liquidation,
        distribution of assets, dissolution or winding-up of the Corporation,
        the assets of the Corporation, or proceeds thereof, after distribution
        to any class or series of stock ranking senior to the Series A Preferred
        Stock with respect to liquidation rights, distributable among the holders
        of shares of Series A Preferred Stock and holders of shares of any other
        outstanding class or series of stock ranking on a parity with the Series
        A Preferred Stock ("Parity Stock") with respect to liquidation rights
        shall be insufficient to pay in full the respective preferential amounts
        on the shares of Series A Preferred Stock and Parity Stock, then such
        assets, or the proceeds thereof, shall be distributed among such holders
        ratably in accordance with the respective amounts which would be payable
        on such shares if all amounts payable thereon were paid in full.

 V. Conversion. The holders of the Series A Preferred
  Stock shall have the following rights with respect to the conversion of the
  Series A Preferred Stock into shares of common stock (the "Conversion Rights"):

(A) Conversion. Subject to and in compliance
  with the provisions of this Section V, any shares of Series A Preferred Stock
  may, after June 12, 2009, at the option of the holder, be converted into fully
  paid and non-assessable shares of common stock (a "Voluntary Conversion"). The
  number of shares of common stock to which a holder of Series A Preferred Stock
  shall be entitled upon a Conversion shall be the product obtained by multiplying
  the "Series A Preferred Stock Conversion Rate" then in effect (determined as
  provided in Section V(B)) by the number of shares of Series A Preferred Stock
  being converted.

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(B) Series A Preferred Stock Conversion Rate.
  The conversion rate in effect at any time for conversion of the Series A Preferred
  Stock (the "Series A Preferred Stock Conversion Rate") shall be a rate of one
  share of common stock for one share of Series A Preferred Stock, on a fully
  diluted basis, issued and outstanding at the time of the Conversion as shown
  on the records of the Corporation's stock transfer agent.

(C) Mechanics of the Conversion. Upon a Conversion,
  each holder of Series A Preferred Stock shall surrender the applicable certificate
  or certificates therefore, duly endorsed, at the office of the Corporation or
  any transfer agent for the Series A Preferred Stock, and, in the case of a Voluntary
  Conversion, shall give written notice to the Corporation, of the Conversion
  and the number of shares of Series A Preferred Stock being converted. Thereupon,
  the Corporation shall promptly issue and deliver to such holder a certificate
  or certificates for the number of shares of common stock to which such holder
  is entitled. A Voluntary Conversion shall be deemed to have been made at the
  close of the business date of such surrender of the certificates representing
  the shares of Series A Preferred Stock to be converted. The person entitled
  to receive the shares of common stock issuable upon a Conversion shall be treated
  for all purposes as the record holder of such shares of common stock on such
  date.

(D) Adjustment for Reclassification, Exchange and
  Substitution. If at any time or from time to time after the common stock
  issuable upon the Conversion of the Series A Preferred Stock is changed into
  the same or a different number of shares of any class or classes of stock, whether
  by recapitalization, reclassification or otherwise (other than a transaction
  provided for elsewhere in this Section V), in any such event each holder of
  Series A Preferred Stock shall have the right thereafter to convert such stock
  into the kind and amount of stock and other securities and property receivable
  upon such recapitalization, reclassification or other change by holders of the
  maximum number of shares of common stock into which such shares of Series A
  Preferred Stock could have been converted immediately prior to such recapitalization,
  reclassification or change, all subject to further adjustment as provided herein
  or with respect to such other securities or property by the terms thereof.

(E) Reorganizations, Mergers, Consolidations or Sales
  of Assets. If at any time or from time to time after the date of issuance
  of the Series A Preferred Stock, there is a capital reorganization of the common
  stock (other than a transaction provided for elsewhere in this Section V), as
  a part of such capital reorganization, provision shall be made so that the holders
  of the Series A Preferred Stock shall thereafter be entitled to receive upon
  conversion of the Series A Preferred Stock the number of shares of stock or
  other securities or property of the Corporation to which a holder of the number
  of shares of common stock deliverable upon conversion would have been entitled
  on such capital reorganization, subject to adjustment in respect of such stock
  or securities by the terms thereof.

(F) Reservation of Stock Issuable Upon Conversion.
  The Corporation shall at all times reserve and keep available out of its authorized
  but unissued shares of common stock, solely for the purpose of effecting the
  conversion of the shares of the Series A Preferred Stock, such number of its
  shares of common stock as shall from time to time be sufficient to effect the
  conversion of all outstanding shares of the Series A Preferred Stock. If at
  any time the number of authorized but unissued shares of common stock shall
  not be sufficient to effect the conversion of all then outstanding shares of
  the Series A Preferred Stock, the

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Corporation will take such corporate action as may,
  in the opinion of its counsel, be necessary to increase its authorized but unissued
  shares of common stock to such number of shares as shall be sufficient for such
  purpose.

(G) Notices. Any notice required by the provisions
  of this Section V shall be in writing and shall be deemed effectively given:
  (i) upon personal delivery to the party to be notified, (ii) when sent by confirmed
  telex or facsimile if sent during normal business hours of the recipient; if
  not, then on the next business day, (iii) three (3) days after having been sent
  by registered or certified mail, return receipt requested, postage prepaid,
  or (iv) one day after deposit with a nationally recognized overnight courier,
  specifying next day delivery, with written verification of receipt. All notices
  shall be addressed to each holder of record at the address of such holder appearing
  on the books of the Corporation.

(H) No Impairment. The Corporation will not,
  by amendment of its Certificate of Incorporation or Bylaws or through any reorganization,
  recapitalization, transfer of assets, consolidation, merger, dissolution, issue
  or sale of securities or any other voluntary action, avoid or seek to avoid
  the observance or performance of any of the terms to be observed or performed
  hereunder by the Corporation but will at all times in good faith assist in the
  carrying out of all the provisions of this Section V and in the taking of all
  such action as may be necessary or appropriate in order to protect the Conversion
  Rights of the holders of the Series A Preferred Stock against impairment.

(I) Fractional Shares. Any fractional common
  share resulting from the conversion of the Series A Preferred Stock shall be
  permitted.

VI. Notices of Record Date. Upon (i) any taking by the Corporation of a record of the holders of any class of securities for the purpose of determining the holders thereof who are entitled to receive any dividend or other distribution, or
(ii) any sale of the Corporation, capital reorganization of the Corporation, any reclassification or recapitalization of the capital stock of the Corporation, or any voluntary or involuntary dissolution, liquidation or winding up of the Corporation,
the Corporation shall mail to each holder of Series A Preferred Stock at least twenty (20) days prior to the record date specified therein a notice specifying (A) the date on which any such record is to be taken for the purpose of such dividend or
distribution and a description of such dividend or distribution, (B) the date on which any such sale of the Corporation, reorganization, reclassification, recapitalization, dissolution, liquidation or winding up is expected to become effective, and
(C) the date, if any, that is to be fixed as to when the holders of record of common stock (or other securities) shall be entitled to exchange their shares of common stock (or other securities) for securities or other property deliverable upon such
sale of the Corporation, reorganization, reclassification, recapitalization, dissolution, liquidation or winding up.

VII. Preemptive Rights. A holder of Series A Preferred Stock shall have no preemptive rights with respect to any securities of the Corporation. The Series A Preferred Stock shall not be subject to any sinking fund or other obligation of the
Corporation to redeem or retire the Series A Preferred Stock.

VIII. Reacquired Shares. Any shares of Series A Preferred Stock purchased or otherwise acquired by the Corporation in any manner whatsoever shall be retired and cancelled promptly after the acquisition thereof. All such shares shall upon
their cancellation become authorized but unissued shares of Preferred Stock and may be reissued as part of a new series of Preferred Stock subject to the conditions and restrictions on issuance set forth herein, in the Certificate of 

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Incorporation, or in any other Certificate of Designation creating a series of Preferred Stock or any similar stock or as otherwise required by law.

IX. Consolidation or Merger. In case the Corporation shall enter into any consolidation, merger, combination or other transaction in which the shares of common stock are exchanged for or changed into other stock or securities, cash and/or any
other property, then in any such case the shares of Series A Preferred Stock shall at the same time be similarly exchanged or changed in an amount per share equal to the aggregate amount of stock, securities, cash and/or any other property (payable
in kind), as the case may be, into which or for which each share of common stock is changed or exchanged.

X. No Redemption. The shares of Series A Preferred Stock shall not be redeemable.

XI. Amendment. The Certificate of Incorporation shall not be amended in any manner which would materially alter or change the powers, preferences or special rights of the Series A Preferred Stock so as to affect them adversely without the
affirmative vote of the holders of two-thirds of the outstanding shares of Series A Preferred Stock, voting together as a single series.

XII. General Provisions. In addition to the above provisions with respect to the Series A Preferred Stock, the Series A Preferred Stock shall be subject to, and entitled to the benefits of, the provisions set forth in the Corporation’s
Certificate of Incorporation and Bylaws with respect to the preferred stock generally.

This Certificate of Designation of Series A Convertible Preferred Stock has been executed and adopted on behalf of the Corporation as of the 12th day of June, 2007.

Novori Inc.

By:

/s/ Harold Schaffrick 
________________________________
 Harold Schaffrick President and Chief Executive Officer

By:

/s/ Mark Neild 
_________________________________
 Mark Neild Chief Financial Officer

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