Document:

exv10w1

Exhibit 10.1

2010 Equity Incentive Plan

The 2010 Equity Incentive Program provides for the dollar value of the equity incentive award to be
provided, at the officer’s election, in the form of either: (i) 100% of such value in non-qualified
stock options; or (ii) a split in such value equally (50/50) between non-qualified stock options
and time-based restricted shares.

	 	 	 
	 	 	Dollar Value of Equity Incentive
	Executive Officer	 	Award as the Date of Grant
	Douglas C. Bryant

President and Chief Executive Officer
	 	$787,500
	Robert J. Bujarski

Senior Vice President, General Counsel
& Corporate Secretary
	 	$288,000
	Scot M. McLeod

Senior Vice President, Operations
	 	$258,440
	John M. Radak

Chief Financial Officer
	 	$290,270
	Timothy T. Stenzel

Chief Scientific Officer
	 	$285,000
	John D. Tamerius

Senior Vice President, Clinical and
Regulatory Affairs
	 	$263,000exv10w2

Exhibit 10.2

2009 Award Program

Subject to confirmation by the Audit Committee of the Company’s performance for 2009, the following
sets forth the cash bonus awards for each of the Company’s named executive officers.

	 	 	 	 	 
	Executive Officer	 	Cash Award
	Douglas C. Bryant

President and Chief Executive Officer
	 	$	328,438	*
	Robert J. Bujarski

Senior Vice President, General Counsel
& Corporate Secretary
	 	$	115,200	 
	Scot M. McLeod

Senior Vice President, Operations
	 	$	103,376	 
	John M. Radak

Chief Financial Officer
	 	$	116,108	 
	Timothy T. Stenzel

Chief Scientific Officer
	 	 	—	*
	John D. Tamerius

Senior Vice President, Clinical and Regulatory Affairs
	 	$	105,200	 

 

			
	*	 	The Cash Award for Mr. Bryant has been prorated for 2009 based on his start date in
February 2009. Dr. Stenzel did not receive a Cash Award as his start date with the Company was
more than mid-way through the fiscal year.exv4w2

Exhibit 4.2

FIFTH AMENDED AND RESTATED STOCKHOLDER RIGHTS AGREEMENT

 

 

TABLE OF CONTENTS

	 	 	 	 	 
	 	 	Page
	 
	1. Definitions
	 	 	1	 
	2. Registration Rights.
	 	 	5	 
	2.1 Demand Registration
	 	 	5	 
	2.2 Company Registration
	 	 	6	 
	2.3 Form S-3 Registration
	 	 	6	 
	2.4 Underwriting Requirements
	 	 	7	 
	2.5 Obligations of the Company
	 	 	8	 
	2.6 Furnish Information
	 	 	10	 
	2.7 Expenses of Registration
	 	 	10	 
	2.8 Delay of Registration
	 	 	10	 
	2.9 Indemnification
	 	 	10	 
	2.10 Reports Under Exchange Act
	 	 	13	 
	2.11 Limitations on Subsequent Registration Rights
	 	 	13	 
	2.12 “Market Stand-off” Agreement
	 	 	14	 
	2.13 Assignment of Registration Rights
	 	 	14	 
	2.14 Restrictions on Transfer
	 	 	15	 
	2.15 Termination of Registration Rights
	 	 	16	 
	3. Information and Observer Rights
	 	 	16	 
	3.1 Delivery of Annual, Quarterly and Monthly Financial Statements
	 	 	16	 
	3.2 Inspection
	 	 	18	 
	3.3 Observer Rights
	 	 	18	 
	3.4 Termination of Information and Observer Rights
	 	 	18	 
	3.5 Confidentiality
	 	 	18	 
	4. Rights to Future Stock Issuances
	 	 	19	 
	4.1 Right of First Offer
	 	 	19	 
	4.2 Termination
	 	 	20	 
	5. Additional Covenants
	 	 	20	 
	5.1 Board Committees
	 	 	20	 
	5.2 Board Expenses
	 	 	20	 
	5.3 Successor Indemnification
	 	 	20	 

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	 	 	Page
	 
	5.4 Directors and Officers Liability Insurance
	 	 	21	 
	5.5 Director Indemnification
	 	 	21	 
	5.6 Termination of Covenants
	 	 	21	 
	6. Miscellaneous
	 	 	21	 
	6.1 Successors and Assigns
	 	 	21	 
	6.2 Governing Law
	 	 	21	 
	6.3 Counterparts
	 	 	22	 
	6.4 Titles and Subtitles
	 	 	22	 
	6.5 Notices
	 	 	22	 
	6.6 Amendments and Waivers
	 	 	22	 
	6.7 Severability
	 	 	23	 
	6.8 Aggregation of Stock
	 	 	23	 
	6.9 Additional Investors
	 	 	23	 
	6.10 Entire Agreement
	 	 	23	 
	6.11 Dispute Resolution
	 	 	23	 
	6.12 Delays or Omissions
	 	 	24	 

	 	 	 	 	 
	Schedule A

	 	—
	 	Schedule of Investors
	Schedule B

	 	—
	 	Schedule of Key Holders
	Schedule C

	 	—
	 	Schedule of Other Holders

ii

 

FIFTH AMENDED AND RESTATED STOCKHOLDER RIGHTS AGREEMENT

     THIS FIFTH AMENDED AND RESTATED STOCKHOLDER RIGHTS AGREEMENT (“Agreement”) is made as of the
15th day of October, 2008, by and between Waterfront Media Inc., a Delaware corporation (the
“Company”), each of the investors listed on Schedule A hereto, each of which is referred to
in this Agreement as an “Investor,” each of the stockholders listed on Schedule B hereto,
each of whom is referred to herein as a “Key Holder” and each of the persons or entities listed on
Schedule C hereto, each of whom is referred to herein as a “Other Holder.”

RECITALS

          WHEREAS, certain of the Investors (the “Existing Investors”) hold shares of the Company’s
Series A Preferred Stock, Series B Preferred Stock, Series C Preferred Stock, Series D Preferred
Stock, Series E Preferred Stock and/or shares of Common Stock issued upon conversion thereof and
possess certain rights pursuant to a Fourth Amended and Restated Stockholder Rights Agreement dated
as of October 7, 2008 between the Company and such Investors (the “Prior Agreement”); and

          WHEREAS, the Existing Investors are holders of at least the Requisite Threshold (as defined in
the Prior Agreement), and desire to amend and restate the Prior Agreement in its entirety and to
accept the rights created pursuant to this Agreement in lieu of the rights granted to them under
the Prior Agreement; and

          WHEREAS, certain of the Investors are parties to that certain Series F Preferred Purchase
Agreement dated as of October 2, 2008 between the Company and certain of the Investors (the
“Purchase Agreement”), under which certain of the Company’s and such Investors’ obligations are
conditioned upon the execution and delivery of this Agreement by such Investors, Existing Investors
holding at least the Requisite Threshold (as defined in the Prior Agreement), and the Company;

          NOW, THEREFORE, the Existing Investors hereby agree that the Prior Agreement shall be amended
and restated, and the parties to this Agreement further agree as follows:

     1. Definitions. For purposes of this Agreement:

          1.1 “Affiliate” means, with respect to any specified Person, any other Person who or which,
directly or indirectly, controls, is controlled by, or is under common control with such specified
Person, including without limitation any partner, officer, director, manager or employee of such
Person and any venture capital fund now or hereafter existing that is controlled by or under common
control with one or more general partners (or members thereof) or managing members of, or shares
the same management company with, such Person.

          1.2 “BEV” means Brand Equity Ventures II, L.P.

          1.3 “Certificate” means the Sixth Amended and Restated Certificate of Incorporation of the
Company, as amended from time to time after the date hereof.

 

 

          1.4 “Common Stock” means shares of the Company’s common stock, par value $0.01 per share.

          1.5 “Damages” means any loss, claim, damage, or liability (joint or several) to which a party
hereto may become subject under the Securities Act, the Exchange Act, or other federal or state
law, insofar as such loss, claim, damage, or liability (or any action in respect thereof) arises
out of or is based upon (i) any untrue statement or alleged untrue statement of a material fact
contained in any registration statement of the Company, including any preliminary prospectus or
final prospectus contained therein or any amendments or supplements thereto; (ii) an omission or
alleged omission to state therein a material fact required to be stated therein, or necessary to
make the statements therein not misleading; or (iii) any violation or alleged violation by any
other party hereto of the Securities Act, the Exchange Act, any state securities law, or any rule
or regulation promulgated under the Securities Act, the Exchange Act, or any state securities law.

          1.6 “Derivative Securities” means any securities or rights convertible into, or exercisable or
exchangeable for, Common Stock, including options and warrants.

          1.7 “Exchange Act” means the Securities Exchange Act of 1934, as amended, and the rules and
regulations promulgated thereunder.

          1.8 “Excluded Registration” means a registration relating either to the sale of securities to
employees of the Company pursuant to a stock option, stock purchase, or similar plan or to an SEC
Rule 145 transaction; a registration on any form that does not include substantially the same
information as would be required to be included in a registration statement covering the sale of
the Registrable Securities; or a registration in which the only Common Stock being registered is
Common Stock issuable upon conversion of debt securities that are also being registered.

          1.9 “Form S-3” means such form under the Securities Act as in effect on the date hereof or any
registration form under the Securities Act subsequently adopted by the SEC that permits
incorporation of substantial information by reference to other documents filed by the Company with
the SEC.

          1.10 “GAAP” means generally accepted accounting principles in the United States.

          1.11 “Holder” means any holder of Registrable Securities who is a party to this Agreement.

          1.12 “Immediate Family Member” means a child, stepchild, grandchild, parent, stepparent,
grandparent, spouse, sibling, mother-in-law, father-in-law, son-in-law, daughter-in-law,
brother-in-law, or sister-in-law, including adoptive relationships, of a natural person referred to
herein.

          1.13 “Initiating Holders” means, collectively, Holders who properly initiate a registration
request under this Agreement.

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          1.14 “IPO” means the Company’s first underwritten public offering of its Common Stock under
the Securities Act.

          1.15 “Major Investor” means each of WF Holding Company, LLC (“WF Holding”), Scale Venture
Partners II, LP (“Scale VP”), NeoCarta Ventures, L.P., Rho Management Trust I, Rho Ventures VI,
L.P., SVE Star Ventures Enterprises No. VII, a German Civil Law Partnership (with limitation of
liability), Village Ventures Partners Fund, L.P., BEV, Time Warner Inc. and William S. Peabody as
long as such Investor (and its Affiliates), holds at least two percent (2%) of the Company’s
Common Stock (assuming full conversion and exercise of all Derivative Securities).

          1.16 “New Securities” means, collectively, equity securities of the Company, whether or not
currently authorized, as well as rights, options, or warrants to purchase such equity securities,
or securities of any type whatsoever that are, or may become, convertible or exchangeable into or
exercisable for such equity securities.

          1.17 “Person” means any individual, corporation, partnership, trust, limited liability
company, association or other entity.

          1.18 “Preferred Stock” means, collectively, shares of the Company’s Series A Preferred Stock,
Series B Preferred Stock, Series C Preferred Stock, Series D Preferred Stock, Series E Preferred
Stock and Series F Preferred Stock.

          1.19 “Register,” “registered,” and “registration” refer to a registration effected by
preparing and filing a registration statement or similar document in compliance with the Securities
Act, and the declaration or ordering of effectiveness of such registration statement or document.

          1.20 “Registrable Securities” means (i) any Common Stock issued upon conversion of any
Preferred Stock of the Company or issuable upon conversion of any Preferred Stock of the Company
that is currently held or acquired after the date hereof, by the Investors or Other Holders; (ii)
any shares of Common Stock held by the Key Holders or BEV, provided, however, that such shares of
Common Stock shall not be deemed Registrable Securities and the Key Holders or BEV shall not be
deemed Holders for the purposes of Sections 2.1, 2.3, 2.4(a), 2.7, 2.11 and Section 6.6; (iii) any
shares of Common Stock held by the Other Holders, provided, however, that such shares of Common
Stock shall not be deemed Registrable Securities for the purposes of Sections 2.1, 2.3, 2.4(a),
2.7, 2.11 and Section 6.6; and (iv) any Common Stock issued as (or issuable upon the conversion or
exercise of any warrant, right, or other security that is issued as) a dividend or other
distribution with respect to, or in exchange for or in replacement of, the shares referenced in
clauses (i), (ii) and (iii) above; excluding in all cases, however, any Registrable Securities sold
by a Person in a transaction in which the rights under Section 2 hereof are not assigned or any
shares for which registration rights have terminated pursuant to Section 2.15 of this Agreement.

          1.21 “Registrable Securities then outstanding” means the number of shares determined by adding
the Common Stock outstanding and the Common Stock issuable pursuant to then exercisable or
convertible securities that are Registrable Securities.

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          1.22 “Restricted Securities” means the securities of the Company required to bear the legend
set forth in Section 2.14(b) hereof.

          1.23 “SEC” means the Securities and Exchange Commission.

          1.24 “SEC Rule 144” means Rule 144 promulgated by the SEC under the Securities Act.

          1.25 “SEC Rule 145” means Rule 145 promulgated by the SEC under the Securities Act.

          1.26 “Securities Act” means the Securities Act of 1933, as amended, and the rules and
regulations promulgated thereunder.

          1.27 “Selling Expenses” means all underwriting discounts, selling commissions, and stock
transfer taxes applicable to the sale of Registrable Securities, and fees and disbursements of
counsel for any Holder, except as provided in Section 2.7.

          1.28 “Series A Director” means the director of the Company that the holders of record of the
Series A Preferred Stock are entitled to elect pursuant to the Company’s Certificate.

          1.29 “Series A Preferred Stock” means shares of the Company’s Series A Preferred Stock, par
value $0.01 per share.

          1.30 “Series B Preferred Stock” means shares of the Company’s Series B Preferred Stock, par
value $0.01 per share.

          1.31 “Series C Director” means the director of the Company that the holders of record of the
Series C Preferred Stock are entitled to elect pursuant to the Company’s Certificate.

          1.32 “Series C Preferred Stock” means shares of the Company’s Series C Preferred Stock, par
value $0.01 per share.

          1.33 “Series D Director” means the director of the Company that the holders of record of the
Series D Preferred Stock are entitled to elect pursuant to the Company’s Certificate.

          1.34 “Series D Preferred Stock” means shares of the Company’s Series D Preferred Stock, par
value $0.01 per share.

          1.35 “Series E Preferred Class Vote Provisions” shall mean the calculation set forth in
Subsection 3.1.2 of the Certificate.

          1.36 “Series E Directors” means the directors of the Company that the holders of record of the
Series E Preferred Stock are entitled to elect pursuant to the Company’s Certificate.

4

 

          1.37 “Series E Preferred Stock” means shares of the Company’s Series E Preferred Stock, par
value $0.01 per share.

          1.38 “Series F Preferred Stock” means shares of the Company’s Series F Preferred Stock, par
value $0.01 per share.

          1.39 “Series F Director” means the director of the Company that the holders of record of the
Series F Preferred Stock are entitled to elect pursuant to the Company’s Certificate.

     2. Registration Rights. The Company covenants and agrees as follows:

          2.1 Demand Registration.

               (a) If upon the earlier of (i) August 30, 2010 or (ii) one hundred eighty (180) days after the
effective date of the registration statement for the IPO, the Company receives a request from
Holders of the Requisite Threshold (as defined below) that the Company effect a registration with
respect to at least twenty percent (20%) of the Registrable Securities then outstanding (or a
lesser percent if the anticipated aggregate offering price, net of Selling Expenses, would exceed
$40 million), then the Company shall (i) within ten (10) days after the date such request is given,
give notice thereof (the “Demand Notice”) to all Holders other than the Initiating Holders; and
(ii) as soon as practicable, and in any event within sixty (60) days after the date such request is
given by the Initiating Holders, file a registration statement under the Securities Act covering
all Registrable Securities that the Initiating Holders requested to be registered and any
additional Registrable Securities requested to be included in such registration by any other
Holders, as specified by notice given by each such Holder to the Company within twenty (20) days of
the date the Demand Notice is given, and in each case, subject to the limitations of
Sections 2.1(b) and 2.1(c).

               (b) Notwithstanding the foregoing obligations, if the Company furnishes to Holders requesting
a registration pursuant to this Section 2.1 a certificate signed by the Company’s chief
executive officer stating that in the good faith judgment of the Company’s Board of Directors it
would be materially detrimental to the Company and its stockholders for such registration statement
to either become effective or remain effective for as long as such registration statement otherwise
would be required to remain effective, because such action would (i) materially interfere with a
significant acquisition, corporate reorganization, or other similar transaction involving the
Company; (ii) require premature disclosure of material information that the Company has a bona fide
business purpose for preserving as confidential; or (iii) render the Company unable to comply with
requirements under the Securities Act or Exchange Act, then the Company shall have the right to
defer taking action with respect to such filing, for a period of not more than ninety (90) days
after the request of the Initiating Holders is given; provided, however, that the Company
may not invoke this right more than twice in any
twelve (12) month period. For the purposes of determining whether the Company has invoked
this right in any twelve (12) month period, such calculation shall also include any delay of a
registration statement pursuant to Section 2.3(b).

               (c) The Company shall not be obligated to effect, or to take any action to effect, any
registration pursuant to this Section 2.1 (i) during the period that is sixty (60) days

5

 

before the Company’s good faith estimate of the date of filing of, and ending on a date that is one
hundred eighty (180) days after the effective date of, a Company-initiated registration,
provided, that the Company is actively employing in good faith commercially reasonable
efforts to cause such registration statement to become effective; (ii) if it delivers notice to the
holders of the Registrable Securities within thirty (30) days of any registration request of its
intent to file a registration statement for such initial public offering within ninety (90) days;
(iii) after the Company has effected two registrations pursuant to this Section 2.1; or
(iv) if the Initiating Holders propose to dispose of shares of Registrable Securities that may be
immediately registered on Form S-3 pursuant to a request made pursuant to Section 2.3. A
registration shall not be counted as “effected” for purposes of this Section 2.1 until such
time as the applicable registration statement has been declared effective by the SEC, unless the
Initiating Holders withdraw their request for such registration, elect not to pay the registration
expenses therefor, and forfeit their right to one demand registration statement pursuant to
Section 2.7, in which case such withdrawn registration statement shall be counted as
“effected” for purposes of this Section 2.1.

          2.2 Company Registration. If the Company proposes to register (including, for this purpose, a registration
effected by the Company for stockholders other than the Holders) any of its stock or other
securities under the Securities Act in connection with the public offering of such securities
solely for cash (other than an Excluded Registration), the Company shall, at such time, promptly
give each Holder notice of such registration. Upon the request of each Holder given within twenty
(20) days after such notice is given by the Company, the Company shall, subject to the provisions
of Section 2.4, cause to be registered all of the Registrable Securities that each such
Holder has requested to be included in such registration. The Company shall have the right to
terminate or withdraw any registration initiated by it under this Section 2.2 before the
effective date of such registration, whether or not any Holder has elected to include Registrable
Securities in such registration. The expenses of such withdrawn registration shall be borne by the
Company in accordance with Section 2.7.

          2.3 Form S-3 Registration. If the Company receives a request from Holders of at least ten percent (10%) of the
Registrable Securities then outstanding that the Company effect a registration on Form S-3 with
respect to all or a part of the Registrable Securities owned by such Initiating Holders, then the
Company shall:

               (a) within ten (10) days after the date such request is given, give notice of the proposed
registration to all Holders other than the Initiating Holders (the “S-3 Notice”); and

               (b) as soon as practicable, use its commercially reasonable efforts to effect such
registration as would permit or facilitate the sale and distribution of all or such portion of such
Initiating Holders’ Registrable Securities as are specified in such request, together with all or
such portion of the Registrable Securities of any other Holders joining in such request as are
specified in a request given to the Company within fifteen (15) days after the S-3 Notice is given;
provided, however, that the Company shall not be obligated to effect any such registration
pursuant to this Section 2.3 (i) if Form S-3 is not then available for such offering by the
Holders; (ii) if the Holders, together with the holders of any other securities of the Company
entitled to and requesting inclusion in such registration, propose to sell Registrable

6

 

Securities
and such other securities (if any) at an aggregate price to the public (net of Selling Expenses) of
less than $1,000,000; and (iii) if the Company furnishes to the Holders a certificate signed by the
chief executive officer of the Company stating that in the good-faith judgment of the Board of
Directors of the Company, it would be materially detrimental to the Company and its stockholders
for such Form S-3 registration to be effected at such time, in which event the Company shall have
the right to defer the filing of the Form S-3 registration statement for a period of not more than
ninety (90) days after receipt of the request of the Initiating Holders under this Section
2.3; provided, however, that the Company shall not invoke this right more than
once in any twelve (12) month period. For the purposes of determining whether the Company has
invoked this right in any twelve (12) month period, such calculation shall also include any delay
of a registration statement pursuant to Section 2.1(b).

               (c) Registrations effected pursuant to this Section 2.3 shall not be counted as
demands for registration or registrations effected pursuant to Section 2.1.

          2.4 Underwriting Requirements.

               (a) If, pursuant to Section 2.1 or Section 2.3, the Initiating Holders intend
to distribute the Registrable Securities covered by their request by means of an underwriting, they
shall so advise the Company as a part of their request made pursuant to Section 2.1(a) or
Section 2.3, and the Company shall include such information in the Demand Notice or the S-3
Notice, as the case may be. The underwriter will be selected by the Company and shall be
reasonably acceptable to a majority in interest of the Initiating Holders. In such event, the
right of any Holder to include such Holder’s Registrable Securities in such registration shall be
conditioned upon such Holder’s participation in such underwriting and the inclusion of such
Holder’s Registrable Securities in the underwriting to the extent provided herein. All Holders
proposing to distribute their securities through such underwriting shall (together with the Company
as provided in Section 2.5(e)) enter into an underwriting agreement in customary form with
the underwriter(s) selected for such underwriting. Notwithstanding any other provision of this
Agreement, if the underwriter(s) determine(s) in good faith that marketing factors require a
limitation of the number of shares to be underwritten, then the underwriter(s) may exclude shares
(including Registrable Securities) from the registration and the underwriting, and the number of
shares that may be included in the registration and the underwriting shall be allocated, first, to
Holders requesting inclusion of their Registrable Securities in such registration statement on a
pro rata basis based on the number of Registrable Securities each such Holder has requested to be
included in the registration, and second, to each of the other Holders on a pro rata basis based on
the total number of Registrable Securities then held by each such Holder. To facilitate the
allocation of shares in accordance with the above provisions, the underwriters may round the
number of shares allocated to any Holder to the nearest 100 shares.

               (b) In connection with any offering involving an underwriting of shares of the Company’s
capital stock pursuant to Section 2.2, the Company shall not be required to include any of
the Holders’ Registrable Securities in such underwriting unless the Holders accept the terms of the
underwriting as agreed upon between the Company and its underwriters. If the total number of
securities, including Registrable Securities, requested by stockholders to be included in such
offering exceeds the number of securities to be sold (including by the Company) that the
underwriter(s) in their reasonable discretion determine is compatible with the

7

 

success of the
offering, then the number of securities that may be included in the offering and underwriting shall
be allocated, first, to the Company, and second, to each of the Holders requesting inclusion of
their Registrable Securities in such registration on a pro rata basis based on the total number of
Registrable Securities then held by each such Holder or in such other proportions as shall mutually
be agreed to by all such selling Holders, but in no event shall the amount of Registrable
Securities of the selling Holders included in the offering and underwriting be reduced below
twenty-five percent (25%) of the total amount of securities included in such offering and
underwriting, unless such offering is the Company’s IPO, in which case the selling Holders may be
excluded entirely if the underwriters make the determination described above. In no event shall
any Registrable Securities be excluded from such offering unless all other stockholders’ securities
have been first excluded.

               (c) For purposes of Sections 2.4(a) and 2.4(b) concerning apportionment, for
any selling stockholder that is a Holder and a partnership, limited liability company, or
corporation, the partners, members, retired partners, retired members, stockholders, and Affiliates
of such Holder, or the estates and Immediate Family Members of any such partners, retired partners,
members, and retired members and any trusts for the benefit of any of the foregoing Persons, shall
be deemed to be a single “selling Holder,” and any pro rata reduction with respect to such “selling
Holder” shall be based upon the aggregate number of Registrable Securities owned by all Persons
included in such “selling Holder,” as defined in this sentence.

          2.5 Obligations of the Company. Whenever required under this Section 2 to effect the registration of any
Registrable Securities, the Company shall, as expeditiously as reasonably possible:

               (a) prepare and file with the SEC a registration statement with respect to such Registrable
Securities and use its commercially reasonable efforts to cause such registration statement to
become effective and, upon the request of the Holders of a majority of the Registrable Securities
registered thereunder, keep such registration statement effective for a period of up to one hundred
twenty (120) days or, if earlier, until the distribution contemplated in the registration statement
has been completed; provided, however, that (i) such one hundred twenty (120) day
period shall be extended for a period of time equal to the period the Holder refrains, at the
request of an underwriter of Common Stock (or other securities) of the Company, from selling any
securities included in such registration, and (ii) in the case of any registration of Registrable
Securities on Form S-3 that are intended to be offered on a continuous or delayed
basis, subject to compliance with applicable SEC rules, such one hundred twenty (120) day
period shall be extended for up to 60 days, if necessary, to keep the registration statement
effective until all such Registrable Securities are sold;

               (b) prepare and file with the SEC such amendments and supplements to such registration
statement, and the prospectus used in connection with such registration statement, as may be
necessary to comply with the Securities Act in order to enable the disposition of all securities
covered by such registration statement;

               (c) furnish to the selling Holders such numbers of copies of a prospectus, including a
preliminary prospectus, as required by the Securities Act, and such other

8

 

documents as the Holders
may reasonably request in order to facilitate their disposition of their Registrable Securities;

               (d) use its commercially reasonable efforts to register and qualify the securities covered by
such registration statement under such other securities or blue-sky laws of such jurisdictions as
shall be reasonably requested by the selling Holders; provided that the Company shall not
be required to qualify to do business or to file a general consent to service of process in any
such states or jurisdictions, unless the Company is already subject to service in such jurisdiction
and except as may be required by the Securities Act;

               (e) in the event of any underwritten public offering, enter into and perform its obligations
under an underwriting agreement, in usual and customary form, with the underwriter(s) of such
offering;

               (f) use its commercially reasonable efforts to cause all such Registrable Securities covered
by such registration statement to be listed on a national securities exchange or trading system and
each securities exchange and trading system (if any) on which similar securities issued by the
Company are then listed;

               (g) provide a transfer agent and registrar for all Registrable Securities registered pursuant
to this Agreement and provide a CUSIP number for all such Registrable Securities, in each case not
later than the effective date of such registration;

               (h) promptly make available for inspection by the selling Holders, any managing underwriter
participating in any disposition pursuant to such registration statement, and any attorney or
accountant or other agent retained by any such underwriter or selected by the selling Holders, all
financial and other records, pertinent corporate documents, and properties of the Company, and
cause the Company’s officers, directors, employees, and independent accountants to supply all
information reasonably requested by any such seller, underwriter, attorney, accountant, or agent in
connection with any such registration statement;

               (i) use its reasonable best efforts to furnish, at the request of any Holder requesting
registration of Registrable Securities pursuant to this Section 2, on the date that such
Registrable Securities are delivered to the underwriters for sale in connection with a registration
pursuant to this Section 2, (i) an opinion, dated such date, of the counsel representing the
Company for the purposes of such registration, in form and substance as is customarily given to
underwriters in an underwritten public offering, addressed to the underwriters, and (ii) a letter
dated such date, from the independent certified public accountants of the Company, in form and
substance as is customarily given by independent certified public accountants to underwriters in an
underwritten public offering, addressed to the underwriters.

               (j) notify each selling Holder, promptly after the Company receives notice thereof, of the
time when such registration statement has been declared effective or a supplement to any prospectus
forming a part of such registration statement has been filed; and

               (k) after such registration statement becomes effective, notify each selling Holder of any
request by the SEC that the Company amend or supplement such registration statement or prospectus.

9

 

          2.6 Furnish Information. It shall be a condition precedent to the obligations of the Company to take any action
pursuant to this Section 2 with respect to the Registrable Securities of any selling Holder
that such Holder shall furnish to the Company such information regarding itself, the Registrable
Securities held by it, and the intended method of disposition of such securities as is reasonably
required to effect the registration of such Holder’s Registrable Securities.

          2.7 Expenses of Registration. All expenses (other than Selling Expenses) incurred in connection with registrations, filings, or
qualifications pursuant to Section 2, including all registration, filing, and qualification
fees; printers’ and accounting fees; fees and disbursements of counsel for the Company; and the
reasonable fees and disbursements of one counsel for the selling Holders, shall be borne and paid
by the Company; provided, however, that the Company shall not be required to pay for any expenses
of any registration proceeding begun pursuant to Section 2.1 or Section 2.3 if the registration
request is subsequently withdrawn at the request of the Holders of a majority of the Registrable
Securities to be registered (in which case all selling Holders shall bear such expenses pro rata
based upon the number of Registrable Securities that were to be included in the withdrawn
registration), unless the Holders of a majority of the Registrable Securities agree to forfeit
their right to one registration pursuant to Section 2.1 or Section 2.3, as the case
may be, provided, however, that if at the time of such withdrawal, the Holders have learned from
the Company of a material adverse change in the condition, business or prospects of the Company
from that known to the Holders at the time of their request and have withdrawn the request with
reasonable promptness following disclosure by the Company of such material adverse change, then the
Holders shall not be required to pay any of such expenses and shall retain their rights pursuant to
Section 2.1 or Section 2.3. All Selling Expenses relating to Registrable
Securities to be registered pursuant to this Section 2 shall be borne and paid by the
Holders pro rata on the basis of the number of Registrable Securities registered on their behalf.

          2.8 Delay of Registration. No Holder shall have any right to obtain or seek an injunction restraining or
otherwise delaying any registration pursuant to this Agreement as the result of any controversy
that might arise with respect to the interpretation or implementation of this Section 2.

          2.9 Indemnification. If any Registrable Securities are included in a registration statement under this
Section 2:

               (a) To the extent permitted by law, the Company will indemnify and hold harmless each selling
Holder, and the partners, members, officers, directors, and stockholders of each such Holder; legal
counsel and accountants for each such Holder; any underwriter (as defined in the Securities Act)
for each such Holder; and each Person, if any, who controls such Holder or underwriter within the
meaning of the Securities Act or the Exchange Act, against any Damages, and the Company will pay to
each such Holder, underwriter, controlling Person, or other aforementioned Person any legal or
other expenses reasonably incurred thereby in connection with investigating any matter or defending
any proceeding from which Damages may result, as such expenses are incurred; provided,
however, that the indemnity agreement contained in this Section 2.9(a) shall not apply
to amounts paid in settlement of any such investigation or proceeding if such settlement is
effected without the consent of the

10

 

Company, which consent shall not be unreasonably withheld, nor
shall the Company be liable for any Damages to the extent that they arise out of or are based upon
actions or omissions made in reliance upon and in conformity with written information furnished by
or on behalf of any such Holder, underwriter, controlling Person, or other aforementioned Person
expressly for use in connection with such registration.

               (b) To the extent permitted by law, each selling Holder, severally and not jointly, will
indemnify and hold harmless the Company, and each of its directors, each of its officers who has
signed the registration statement, each Person (if any), who controls the Company within the
meaning of the Securities Act, legal counsel and accountants for the Company, any underwriter (as
defined in the Securities Act), any other Holder selling securities in such registration statement,
and any controlling Person of any such underwriter or other Holder, against any Damages, in each
case only to the extent that such Damages arise out of or are based upon actions or omissions made
in reliance upon and in conformity with written information furnished by or on behalf of such
selling Holder expressly for use in connection with such registration; and each such selling Holder
will pay to the Company and each other aforementioned Person any legal or other expenses reasonably
incurred thereby in connection with investigating any investigation or defending any proceeding
from which Damages may result, as such expenses are incurred; provided, however, that the
indemnity agreement contained in this Section 2.9(b) shall not apply to amounts paid in
settlement of any such investigation or proceeding if such settlement is effected without the
consent of the Holder, which consent shall not be unreasonably withheld; and provided
further that in no event shall any indemnity under this Section 2.9(b) exceed the
proceeds from the offering (net of any Selling Expenses) received by such Holder, except in the
case of fraud or willful misconduct by such Holder.

               (c) Promptly after receipt by an indemnified party under this Section 2.9 of notice of
the commencement of any action (including any governmental action) for which a party may be
entitled to indemnification hereunder, such indemnified party will, if a claim in respect thereof
is to be made against any indemnifying party under this Section 2.9, give the indemnifying
party written notice of the commencement thereof. The indemnifying party shall have the right to
participate in such action and, to the extent the indemnifying party so desires,
participate jointly with any other indemnifying party to which notice has been given, and to
assume the defense thereof with counsel mutually satisfactory to the parties; provided,
however, that an indemnified party (together with all other indemnified parties that may be
represented without conflict by one counsel) shall have the right to retain one separate counsel,
with the fees and expenses to be paid by the indemnifying party, if representation of such
indemnified party by the counsel retained by the indemnifying party would be inappropriate due to
actual or potential differing interests between such indemnified party and any other party
represented by such counsel in such action. The failure to give notice to the indemnifying party
within a reasonable time of the commencement of any such action shall relieve such indemnifying
party of any liability to the indemnified party under this Section 2.9, to the extent that
such failure materially prejudices the indemnifying party’s ability to defend such action. The
failure to give notice to the indemnifying party will not relieve it of any liability that it may
have to any indemnified party otherwise than under this Section 2.9.

               (d) Subject to the requirements of the Securities Act, the foregoing indemnity agreements of
the Company and the selling Holders are subject to the condition that,

11

 

insofar as they relate to
any Damages arising from any untrue statement or alleged untrue statement of a material fact
contained in, or omission or alleged omission of a material fact from, a preliminary prospectus (or
necessary to make the statements therein not misleading) that has been corrected in the form of
prospectus included in the registration statement at the time it becomes effective, or any
amendment or supplement thereto filed with the SEC pursuant to Rule 424(b) under the Securities Act
(the “Final Prospectus”), such indemnity agreement shall not inure to the benefit of any Person if
a copy of the Final Prospectus was furnished to the indemnified party and such indemnified party
failed to deliver, at or before the confirmation of the sale of the shares registered in such
offering, a copy of the Final Prospectus to the Person asserting the loss, liability, claim, or
damage in any case in which such delivery was required by the Securities Act.

               (e) To provide for just and equitable contribution to joint liability under the Securities Act
in any case in which either (i) any party otherwise entitled to indemnification hereunder makes a
claim for indemnification pursuant to this Section 2.9 but it is judicially determined (by
the entry of a final judgment or decree by a court of competent jurisdiction and the expiration of
time to appeal or the denial of the last right of appeal) that such indemnification may not be
enforced in such case, notwithstanding the fact that this Section 2.9 provides for
indemnification in such case, or (ii) contribution under the Securities Act may be required on the
part of any party hereto for which indemnification is provided under this Section 2.9,
then, and in each such case, such parties will contribute to the aggregate losses, claims, damages,
liabilities, or expenses to which they may be subject (after contribution from others) in such
proportion as is appropriate to reflect the relative fault of each of the indemnifying party and
the indemnified party in connection with the statements, omissions, or other actions that resulted
in such loss, claim, damage, liability, or expense, as well as to reflect any other relevant
equitable considerations. The relative fault of the indemnifying party and of the indemnified
party shall be determined by reference to, among other things, whether the untrue or allegedly
untrue statement of a material fact, or the omission or alleged omission of a material fact,
relates to information supplied by the indemnifying party or by the indemnified party and the
parties’ relative intent, knowledge, access to information, and opportunity to correct or prevent
such statement or omission; provided, however, that, in any such case, (x) no Holder will
be required
to contribute any amount in excess of the public offering price of all such Registrable
Securities offered and sold by such Holder pursuant to such registration statement, and (y) no
Person guilty of fraudulent misrepresentation (within the meaning of section 11(f) of the
Securities Act) will be entitled to contribution from any Person who was not guilty of such
fraudulent misrepresentation; and provided further that in no event shall a Holder’s
liability pursuant to this Section 2.9(e), when combined with the amounts paid or payable
by such Holder pursuant to Section 2.9(b), exceed the proceeds from the offering (net of
any Selling Expenses) received by such Holder, except in the case of willful misconduct or fraud by
such Holder.

               (f) Notwithstanding the foregoing, to the extent that the provisions on indemnification and
contribution contained in the underwriting agreement entered into in connection with the
underwritten public offering are in conflict with the foregoing provisions, the provisions in the
underwriting agreement shall control.

               (g) Unless otherwise superseded by an underwriting agreement entered into in connection with
the underwritten public offering, the obligations of the Company

12

 

and Holders under this Section
2.9 shall survive the completion of any offering of Registrable Securities in a registration
under this Section 2, and otherwise shall survive the termination of this Agreement.

          2.10 Reports Under Exchange Act. With a view to making available to the Holders the benefits of SEC Rule 144 and any
other rule or regulation of the SEC that may at any time permit a Holder to sell securities of the
Company to the public without registration or pursuant to a registration on Form S-3, the Company
shall:

               (a) make and keep public information available, as those terms are understood and defined in
SEC Rule 144, at all times after the effective date of the registration statement filed by the
Company for the IPO;

               (b) use commercially reasonable efforts to file with the SEC in a timely manner all reports
and other documents required of the Company under the Securities Act and the Exchange Act (at any
time after the Company has become subject to such reporting requirements); and

               (c) furnish to any Holder, so long as the Holder owns any Registrable Securities, forthwith
upon request (i) a written statement by the Company that it has complied with the reporting
requirements of SEC Rule 144 (at any time after ninety (90) days after the effective date of the
registration statement filed by the Company for the IPO), the Securities Act, and the Exchange Act
(at any time after the Company has become subject to such reporting requirements), or that it
qualifies as a registrant whose securities may be resold pursuant to Form S-3 (at any time after
the Company so qualifies); (ii) a copy of the most recent annual or quarterly report of the Company
and such other reports and documents so filed by the Company; and (iii) such other information as
may be reasonably requested in availing any Holder of any rule or regulation of the SEC that
permits the selling of any such securities without registration (at any time after the Company has
become subject to the reporting requirements under the
Exchange Act) or pursuant to such Form S-3 (at any time after the Company so qualifies to use
such form).

          2.11 Limitations on Subsequent Registration Rights. From and after the date of this Agreement, the Company shall not, without the prior
written consent of the Holders of the Requisite Threshold (as defined below), enter into any
agreement with any holder or prospective holder of any securities of the Company that would allow
such holder or prospective holder (i) to include such securities in any registration unless, under
the terms of such agreement, such holder or prospective holder may include such securities in any
such registration only to the extent that the inclusion of such securities will not reduce the
number of the Registrable Securities of the Holders that are included or (ii) to demand
registration of any securities held by such holder or prospective holder; provided that this
limitation shall not apply to any Additional Investor who becomes a party to this Agreement in
accordance with Section 6.9.

          2.12 “Market Stand-off” Agreement. Each Holder hereby agrees that it will not, without the prior written consent of
the managing underwriter, during the period commencing on the date of the final prospectus relating
to the IPO and ending on the date specified by the Company and the managing underwriter (such
period not to exceed one hundred

13

 

eighty (180) days or such longer period as is necessary to
facilitate compliance with NASD Rule 2711 or NYSE Member Rule 472 or any successor or similar rule
or regulation), (i) lend; offer; pledge; sell; contract to sell; sell any option or contract to
purchase; purchase any option or contract to sell; grant any option, right, or warrant to purchase;
or otherwise transfer or dispose of, directly or indirectly, any shares of Common Stock or any
securities convertible into or exercisable or exchangeable for Common Stock held immediately before
the effective date of the registration statement for such offering or (ii) enter into any swap or
other arrangement that transfers to another, in whole or in part, any of the economic consequences
of ownership of the Common Stock, whether any such transaction described in clause (i) or (ii)
above is to be settled by delivery of Common Stock or other securities, in cash, or otherwise. The
foregoing provisions of this Section 2.12 shall apply only to the IPO, shall not apply to
the sale of any shares to an underwriter pursuant to an underwriting agreement, and shall be
applicable to the Holders only if all officers, directors, and stockholders individually owning
more than one percent (1%) of the Company’s outstanding Common Stock are subject to the same
restrictions. The underwriters in connection with the IPO are intended third-party beneficiaries
of this Section 2.12 and shall have the right, power, and authority to enforce the
provisions hereof as though they were a party hereto. Each Holder further agrees to execute such
agreements as may be reasonably requested by the underwriters in the IPO that are consistent with
this Section 2.12 or that are necessary to give further effect thereto. Any discretionary
waiver or termination of the restrictions of any or all of such agreements by the Company or the
underwriters shall apply pro rata to all holders subject to such agreements.

          2.13 Assignment of Registration Rights. The rights to cause the Company to
register Registrable Securities pursuant to this Section 2 may be assigned (but only with all
related obligations) by a Holder to a transferee of such Registrable Securities that (i) is an
Affiliate, partner, member, limited partner, retired partner, retired member, or stockholder of a
Holder; (ii) is a Holder’s Immediate Family Member or trust for the benefit of an individual
Holder or one or more of such Holder’s Immediate Family Members; or (iii) after such transfer,
holds at least 250,000 of shares of Registrable Securities (subject to appropriate adjustment for
stock splits, stock dividends, combinations, and other recapitalizations); provided, however, that
(x) the Company is, within a reasonable time after such transfer, furnished with written notice of
the name and address of such transferee and the Registrable Securities with respect to which such
registration rights are being transferred; (y) such transferee agrees in writing to be bound by and
subject to the terms and conditions of this Agreement, including the provisions of Section 2.12.
For the purposes of determining the number of shares of Registrable Securities held by a
transferee, the holdings of a transferee (1) that is an Affiliate, limited partner, retired
partner, member, retired member, or stockholder of a Holder; (2) who is a Holder’s Immediate Family
Member; or (3) that is a trust for the benefit of an individual Holder or such Holder’s Immediate
Family Member shall be aggregated together and with those of the transferring Holder; provided
further that all transferees who would not qualify individually for assignment of registration
rights shall have a single attorney-in-fact for the purpose of exercising any rights, receiving
notices, or taking any action under this Section 2.

          2.14 Restrictions on Transfer.

               (a) The Preferred Stock and the Registrable Securities shall not be sold, pledged, or
otherwise transferred, and the Company shall not recognize any such sale,

14

 

pledge, or transfer,
except upon the conditions specified in this Agreement, which conditions are intended to ensure
compliance with the provisions of the Securities Act. A transferring Holder will cause any
proposed purchaser, pledgee, or transferee of the Preferred Stock and the Registrable Securities
held by such Holder to agree to take and hold such securities subject to the provisions and upon
the conditions specified in this Agreement.

               (b) Each certificate representing (i) the Preferred Stock, (ii) the Registrable Securities,
and (iii) any other securities issued in respect of the securities referenced in clauses (i) and
(ii), upon any stock split, stock dividend, recapitalization, merger, consolidation, or similar
event, shall (unless otherwise permitted by the provisions of Section 2.14(c)) be stamped
or otherwise imprinted with a legend in the following form:

THE SHARES REPRESENTED BY THIS CERTIFICATE HAVE BEEN ACQUIRED FOR INVESTMENT AND
HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933. SUCH SHARES MAY NOT BE
SOLD, PLEDGED, OR TRANSFERRED IN THE ABSENCE OF SUCH REGISTRATION OR A VALID
EXEMPTION FROM THE REGISTRATION AND PROSPECTUS DELIVERY REQUIREMENTS OF SAID ACT.

THE SHARES REPRESENTED BY THIS CERTIFICATE MAY BE TRANSFERRED ONLY IN ACCORDANCE
WITH THE TERMS OF AN AGREEMENT BETWEEN THE COMPANY AND THE STOCKHOLDER, AS MAY BE
AMENDED FROM TIME TO TIME, A COPY OF WHICH IS ON FILE WITH THE SECRETARY OF THE
COMPANY.

The Holders consent to the Company making a notation in its records and giving instructions to any
transfer agent of the Restricted Securities in order to implement the restrictions on transfer set
forth in this Section 2.14.

               (c) The holder of each certificate representing Restricted Securities, by acceptance thereof,
agrees to comply in all respects with the provisions of this Section 2. Before any
proposed sale, pledge, or transfer of any Restricted Securities, unless there is in effect a
registration statement under the Securities Act covering the proposed transaction, the Holder
thereof shall give notice to the Company of such Holder’s intention to effect such sale, pledge, or
transfer. Each such notice shall describe the manner and circumstances of the proposed sale,
pledge, or transfer in sufficient detail and, if reasonably requested by the Company, shall be
accompanied at such Holder’s expense by either (i) a written opinion of legal counsel who shall,
and whose legal opinion shall, be reasonably satisfactory to the Company, addressed to the Company,
to the effect that the proposed transaction may be effected without registration under the
Securities Act; (ii) a “no action” letter from the SEC to the effect that the proposed sale,
pledge, or transfer of such Restricted Securities without registration will not result in a
recommendation by the staff of the SEC that action be taken with respect thereto; or (iii) any
other evidence reasonably satisfactory to counsel to the Company to the effect that the proposed
sale, pledge, or transfer of the Restricted Securities may be effected without registration under
the Securities Act, whereupon the Holder of such Restricted Securities shall be entitled to sell,
pledge, or transfer such Restricted Securities in accordance with the terms of the notice given by
the Holder to the Company. Notwithstanding anything to the contrary set forth above, the

15

 

Restricted Securities shall not be sold, pledged or transferred prior to the IPO if such sale,
pledge or transfer would subject the Company to the reporting requirements of the Exchange Act.
Each certificate evidencing the Restricted Securities transferred as above provided shall bear,
except if such transfer is made pursuant to Rule 144, the appropriate restrictive legend set forth
in Section 2.14(b), except that such certificate shall not bear such restrictive legend if,
in the opinion of counsel for such Holder and the Company, such legend is not required in order to
establish compliance with any provisions of the Securities Act.

          2.15 Termination of Registration Rights. The right of any Holder to request registration or inclusion of Registrable
Securities in any registration pursuant to Section 2.1, Section 2.2, or Section
2.3 shall terminate upon the earlier of:

               (a) the closing of a Deemed Liquidation Event, as such term is defined in the Company’s
Certificate;

               (b) five (5) years after the closing of the Company’s initial public offering; or

               (c) such time as such Holder holds less than 1% of the Company’s outstanding Common Stock
(treating all shares of Preferred Stock on an as converted basis), the Company has completed its
IPO and all Registrable Securities of the Company issuable or issued upon conversion of the
Preferred Stock held by and issuable to such Holder (and its Affiliates) may be sold pursuant to
Rule 144 during any ninety (90) day period.

          3. Information and Observer Rights.

          3.1 Delivery of Annual, Quarterly and Monthly Financial Statements. The Company shall deliver to each Major Investor, each Key Holder (so long as such
Key Holder holds at least one percent (1%) of the Company’s Common stock assuming full conversion
and exercise of all Derivative Securities), provided that the Board of Directors has not reasonably
determined that such Major Investor or Key Holder is a competitor of the Company:

               (a) as soon as practicable, but in any event within one hundred and twenty (120) days after
the end of each fiscal year of the Company, (i) a balance sheet as of the end of such year; (ii)
statements of income and of cash flows for such year; and (iii) a statement of stockholders’ equity
as of the end of such year, in each case, audited and certified by independent public accountants
of nationally recognized standing selected by the Company;

               (b) as soon as practicable, but in any event within forty-five (45) days after the end of each
quarter of each fiscal year of the Company, unaudited statements of income and of cash flows for
such fiscal quarter, and an unaudited balance sheet as of the end of such fiscal quarter, all
prepared in accordance with GAAP (except that the financial report may (i) be subject to normal
year-end audit adjustments and (ii) not contain all notes thereto that may be required in
accordance with GAAP) which quarterly financial statements shall include a comparison of the actual
operating results and financial condition of the Company for such quarterly period to the projected
operating results and financial condition of the Company in the Company’s Budget for such quarterly
period;

16

 

               (c) as soon as practicable, but in any event within thirty (30) days after the end of each
month of each fiscal year of the Company, unaudited statements of income and of cash flows for such
fiscal month, and an unaudited balance sheet as of the end of such fiscal month, all prepared in
accordance with GAAP (except that the financial report may (i) be subject to normal year-end audit
adjustments and (ii) not contain all notes thereto that may be required in accordance with GAAP);

               (d) as soon as practicable, but in any event within forty-five (45) days after the end of each
quarter of each fiscal year of the Company, a statement showing the number of shares of each class
and series of capital stock and securities convertible into or exercisable for shares of capital
stock outstanding at the end of the period, the Common Stock issuable upon conversion or exercise
of any outstanding securities convertible or exercisable for Common Stock and the exchange ratio or
exercise price applicable thereto, and the number of shares of issued stock options and stock
options not yet issued but reserved for issuance, if any, all in sufficient detail as to permit the
Major Investors and Key Holders to calculate their respective percentage equity ownership in the
Company, and certified by the chief financial officer or chief executive officer of the Company as
being true, complete, and correct; and

               (e) as soon as practicable, but in any event thirty (30) days before the end of each fiscal
year, a budget and business plan for the next fiscal year (collectively, the “Budget”), prepared on
a monthly basis, including balance sheets, income statements, and
statements of cash flow for such months and, promptly after prepared, any other budgets or
revised budgets prepared by the Company.

If, for any period, the Company has any subsidiary whose accounts are consolidated with those of
the Company, then in respect of such period the financial statements delivered pursuant to the
foregoing Sections 3.1 and shall be the consolidated and consolidating financial statements
of the Company and all such consolidated subsidiaries.

Notwithstanding anything else in this Section 3.1 to the contrary, the Company may cease
providing the information set forth in this Section 3.1 during the period starting with the
date sixty (60) days before the Company’s good-faith estimate of the date of filing of a
registration statement; provided that the Company’s covenants under this Section 3.1 shall
be reinstated at such time as the Company is no longer actively employing its commercially
reasonable efforts to cause such registration statement to become effective.

          3.2 Inspection. The Company shall permit each Major Investor and Key Holder, at such Major Investor
and Key Holder’s expense, to visit and inspect the Company’s properties; examine its books of
account and records; and discuss the Company’s affairs, finances, and accounts with its officers,
during normal business hours of the Company as may be reasonably requested by the Major Investor or
Key Holder; provided, however, that the Company shall not be obligated pursuant to this Section
3.2 to provide access to any information that it reasonably considers to be a trade secret or
confidential information (unless covered by an enforceable confidentiality agreement, in form
acceptable to the Company) or the disclosure of which would adversely affect the attorney-client
privilege between the Company and its counsel.

17

 

          3.3 Observer Rights. As long as Time Warner Inc., BEV and Scale VP each owns not less than two percent
(2%) of the Company’s Common Stock on a fully diluted, as converted basis, and as adjusted for any
stock splits, stock dividends, recapitalizations or the like, the Company shall invite a
representative of Time Warner Inc., BEV and Scale VP to attend all meetings of its Board of
Directors in a nonvoting observer capacity and, in this respect, shall give such representative
copies of all notices, minutes, consents, and other materials that it provides to its directors;
provided, however, that such representative shall agree to hold in confidence and trust and
to act in a fiduciary manner with respect to all information so provided; and provided
further, that the Company reserves the right to withhold any information and to exclude such
representative from any meeting or portion thereof if access to such information or attendance at
such meeting could adversely affect the attorney-client privilege between the Company and its
counsel, or if such Investor or its representative is a competitor of the Company.

          3.4 Termination of Information and Observer Rights. The covenants set forth in Section 3.1, Section 3.2 and Section
3.3 shall terminate and be of no further force or effect (i) immediately before the
consummation of the IPO, (ii) when the Company first becomes subject to the periodic reporting
requirements of section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation
Event (other than
a sale of all or substantially all of the assets of the Company, in which event the foregoing
covenants shall survive until the dissolution of the Company), as such term is defined in the
Certificate, whichever event occurs first.

          3.5 Confidentiality. Each Holder agrees that such Holder will keep confidential and will not disclose,
divulge, or use for any purpose (other than to monitor its investment in the Company) any
confidential information obtained from the Company pursuant to the terms of this Agreement
(including notice of the Company’s intention to file a registration statement), unless such
confidential information (a) is known or becomes known to the public in general (other than as a
result of a breach of this Section 3.5 by such Holder), (b) is or has been independently
developed or conceived by the Holder without use of the Company’s confidential information, or (c)
is or has been made known or disclosed to the Holder by a third party without a breach of any
obligation of confidentiality such third party may have to the Company; provided, however, that a
Holder may disclose confidential information (i) to its attorneys, accountants, consultants, and
other professionals to the extent necessary to obtain their services in connection with monitoring
its investment in the Company, provided that such Holder informs such Person that such information
is confidential and directs such Person to maintain the confidentiality of such information; (ii)
to any prospective purchaser of any Registrable Securities from such Holder, if such prospective
purchaser agrees to be bound by the provisions of this Section 3.5; (iii) to any Affiliate,
partner, member, stockholder, or wholly owned subsidiary of such Holder in the ordinary course of
business, provided that such Holder informs such Person that such information is confidential and
directs such Person to maintain the confidentiality of such information; or (iv) as may otherwise
be required by law, provided that the Holder promptly notifies the Company of such disclosure and
takes reasonable steps to minimize the extent of any such required disclosure.

18

 

     4. Rights to Future Stock Issuances.

          4.1 Right of First Offer. Subject to the terms and conditions of this Section 4.1 and applicable
securities laws, if the Company proposes to offer or sell any New Securities, the Company shall
first offer such New Securities to each Investor. Each Investor shall be entitled to apportion the
right of first offer hereby granted to it among itself and its Affiliates in such proportions as it
deems appropriate.

               (a) The Company shall give notice (the “Offer Notice”) to each Investor, stating (i) its bona
fide intention to offer such New Securities, (ii) the number of such New Securities to be offered,
and (iii) the price and terms, if any, upon which it proposes to offer such New Securities.

               (b) By notification to the Company within twenty (20) days after the Offer Notice is given,
each Investor may elect to purchase or otherwise acquire, at the price and on the terms specified
in the Offer Notice, up to that portion of such New Securities which equals the proportion that the
Common Stock issued and held, or issuable upon conversion of the
Preferred Stock and any other Derivative Securities then held, by such Investor bears to the
total Common Stock of the Company then outstanding (assuming full conversion and exercise of all
Derivative Securities held by the Investors). At the expiration of such twenty (20) day period,
the Company shall promptly notify each Investor that elects to purchase or acquire all the shares
available to it (each, a “Fully Exercising Investor”) of any other Investor’s failure to do
likewise. During the ten (10) day period commencing after the Company has given such notice, each
Fully Exercising Investor may, by giving notice to the Company, elect to purchase or acquire, in
addition to the number of shares specified above, up to that portion of the New Securities for
which Investors were entitled to subscribe but that were not subscribed for by the Investors which
is equal to the proportion that the Common Stock issued and held, or issuable upon conversion of
Preferred Stock then held, by such Fully Exercising Investor bears to the Common Stock issued and
held, or issuable upon conversion of the Preferred Stock then held, by all Fully Exercising
Investors who wish to purchase such unsubscribed shares.  The closing of any sale
pursuant to this Section 4.1(b) shall occur within sixty (60) days of the date that the
Offer Notice is given.

               (c) If all New Securities referred to in the Offer Notice are not elected to be purchased
or acquired as provided in Section 4.1(b), the Company may, during the ninety (90) day
period following the expiration of the periods provided in Section 4.1(b), offer and sell
the remaining unsubscribed portion of such New Securities to any Person or Persons at a price not
less than, and upon terms no more favorable to the offeree than, those specified in the Offer
Notice. If the Company does not enter into an agreement for the sale of the New Securities within
such period, or if such agreement is not consummated within thirty (30) days of the execution
thereof, the right provided hereunder shall be deemed to be revived and such New Securities shall
not be offered unless first reoffered to the holders of Preferred Stock in accordance with this
Section 4.1.

               (d) The right of first offer in this Section 4.1 shall not be applicable to (i) up to
5,700,000 shares of Common Stock issued or deemed issued to employees or directors of, or
consultants to, the Company or any of its subsidiaries pursuant to a plan, agreement, or
arrangement approved by the Board of Directors of the Company (as such number may be

19

 

increased by
the approval of the Board of Directors of the Company, including the affirmative vote of at least
two (2) of the directors elected by the holders of the Preferred Stock); (ii) the issuance of
securities pursuant to the conversion, exercise, or exchange of Derivative Securities outstanding
on the date hereof; (iii) the issuance of securities in connection with a bona fide business
acquisition by the Company, whether by merger, consolidation, purchase of assets, exchange of
stock, or otherwise, which issuance has been approved by the Board of Directors or the Company
including the affirmative vote of at least two (2) of the directors elected by the holders of
Preferred Stock; or (iv) shares of Common Stock, options or Convertible Securities (as defined in
the Certificate) issued to banks, equipment lessors or other financial institutions, or to real
property lessors, pursuant to a debt financing, equipment leasing, real property leasing
transaction or a strategic corporate partnership or joint venture with a non-affiliate of the
Company, in each case, where such issuance has been approved by the Board of Directors of the
Company including the affirmative vote of at least two (2) of the directors elected by the holders
of the Preferred Stock.

          4.2 Amendment & Waivers. Notwithstanding anything in this Agreement to the contrary, the provisions of this Section 4
(including the defined terms used herein) may not be amended or modified, or any provision of this
Section 4 waived (either generally or in a particular instance, and either retroactively or
prospectively), without the prior written consent of the holders of a majority of the Registrable
Securities then outstanding; provided that the Series E Preferred Class Vote Provisions shall not
apply for purposes of such vote or written consent and the holders of Series E Preferred Stock
shall be entitled to one vote for each share of Series E Preferred Stock then held; and provided
further that in the event the right of first offer set forth in Section 4.1 above is waived in
accordance with this Section 4.2 with respect to the issuance of New Securities set forth in any
Offer Notice or otherwise and any Investor purchases any New Securities (any such Investor, a
“Purchasing Investor”) included in such Offer Notice or otherwise proposed to be offered subsequent
to such waiver in connection with such Offer Notice, each other Investor shall have the right to
purchase up to such other Investor’s pro rata share of such New Securities, determined based on the
proportion that the Registrable Securities held by each such other Investor, as a percentage of the
aggregate Registrable Securities held by all Investors entitled to participate in the issuance of
any New Securities under this Section 4, bears to the number of New Securities sold or proposed to
be sold by the Company to the Purchasing Investors, in the aggregate, that purchased or are
purchasing New Securities.

          4.3 Termination. The covenants set forth in Section 4.1 shall terminate and be of no further force
or effect (i) immediately before the consummation of the IPO or (ii) upon a Deemed Liquidation
Event, as such term is defined in the Certificate, whichever event occurs first.

     5. Additional Covenants.

          5.1 Board Committees. Each of the Series A Director, Series C Director, Series D Director, Series E
Directors and Series F Director shall have the right to be designated for election on the Company’s
compensation committee or any other committee of the Board of Director.

20

 

          5.2 Board Expenses. The Company shall reimburse the directors for all reasonable out-of-pocket travel expenses
incurred (consistent with the Company’s travel policy) in connection with attending meetings of the
Board of Directors.

          5.3 Successor Indemnification.  If the Company or any of its successors or assignees (i) consolidates with or
merges into any other Person and is not the continuing or surviving corporation or entity of such
consolidation or merger or (ii) transfers or conveys all or substantially all of its properties and
assets to any Person, then, and in each such case, to the extent necessary, proper provision shall
be made so that the successors and assignees of the Company assume the obligations of the
Company with respect to indemnification of members of the Board of Directors as in effect
immediately before such transaction, whether such obligations are contained in the Company’s
Bylaws, its Certificate, or elsewhere, as the case may be.

          5.4 Directors and Officers Liability Insurance. The Company shall within 90 days following the Closing (as defined in the Purchase Agreement)
obtain and maintain in full force and effect, with a carrier reasonably acceptable to the Board of
Directors, directors and officers liability insurance providing for customary coverage in the
amount of at least $5,000,000. Such insurance shall be maintained for so long as the holders of
Preferred Stock have elected, or are entitled to elect, a representative to the Board of Directors
of the Company.

          5.5 Director Indemnification. The Company’s Certificate and Bylaws shall provide (a) for elimination of the liability of
director to the maximum extent permitted by law and (b) for indemnification of directors for acts
on behalf of the Company to the maximum extent permitted by law. In addition, the Company shall
enter into and use its best efforts to at all times maintain indemnification agreements
substantially in the form attached as Exhibit A (the “Indemnification Agreement”) hereto
with each of its directors to indemnify such directors to the maximum extent permissible under
applicable law.

          5.6 Purchase of Secondary Shares. The Company will facilitate the purchase by Rho Ventures VI, L.P. (including any of its
Affiliates) of up to $10,000,000 of shares of Common Stock and Preferred Stock from stockholders of
the Company that are accredited investors (as defined in Rule 501(a) of Regulation D promulgated
under the Securities Act).

          5.7 Termination of Covenants. The covenants set forth in this Section 5, except for Section 5.3, shall
terminate and be of no further force or effect (i) immediately before the consummation of the IPO
or (ii) when the Company first becomes subject to the periodic reporting requirements of section
12(g) or 15(d) of the Exchange Act, or (iii) upon the consummation of a Deemed Liquidation Event
(other than a sale of all or substantially all of the assets of the Company, in which event the
foregoing covenants shall survive until the dissolution of the Company), as such term is defined in
the Certificate, whichever event occurs first.

     6. Miscellaneous.

          6.1 Successors and Assigns. Each Investor hereby agrees that it shall not, and may not, assign any of its rights and
obligations hereunder, unless such rights and obligations are assigned by such Investor (i) to any
Person to which Registrable Securities are transferred by such Investor pursuant to Section
2.13 or (ii) with respect to the right of first offer set forth in

21

 

           Section 4.1, to any other Investor, and, in each case, such assignee shall be deemed an “Investor” for purposes of this
Agreement; provided that such assignment of rights shall be contingent upon the assignee providing
a written instrument to the Company notifying the Company of such assignment and agreeing in
writing to be bound by the terms of this Agreement. The terms and conditions of this Agreement
inure to the benefit of and are binding upon the respective successors and permitted assignees of
the parties. Nothing in this Agreement, express or implied, is intended to confer upon any party
other than the parties hereto or their respective successors and permitted assignees any rights,
remedies, obligations or liabilities under or by reason of this Agreement, except as expressly
provided herein.

          6.2 Governing Law. This Agreement shall be governed by and construed in accordance with the laws of
the State of Delaware without regard to its principles of conflicts of laws.

          6.3 Counterparts. This Agreement may be executed in two or more counterparts, each of which shall be
deemed an original, but all of which together shall constitute one and the same instrument. This
Agreement may also be executed and delivered by facsimile signature and in two or more
counterparts, each of which shall be deemed an original, but all of which together shall constitute
one and the same instrument.

          6.4 Titles and Subtitles. The titles and subtitles used in this Agreement are for convenience only and are
not to be considered in construing or interpreting this Agreement.

          6.5 Notices. All notices, requests, and other communications given or made pursuant to this
Agreement 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 electronic mail or facsimile if sent during
normal business hours of the recipient, and if not so confirmed, then on the next business day;
(iii) five (5) days after having been sent by registered or certified mail, return receipt
requested, postage prepaid; or (iv) one (1) day after deposit with a nationally recognized
overnight courier, specifying next-day delivery, with written verification of receipt. All
communications shall be sent to the respective parties at their addresses as set forth on the
signature page or Schedule A, Schedule B or Schedule C (as applicable) hereto, or to such email
address, facsimile number, or address as subsequently modified by written notice given in
accordance with this Section 6.5. If notice is given to the Company, it shall be sent to
Waterfront Media Inc., 45 Main Street Brooklyn, NY 11201 Attention: Alan Shapiro, Esq.; and a copy
(which shall not constitute notice) shall also be sent to Babak Yaghmaie, Esq., Pillsbury Winthrop
Shaw Pittman LLP, 1540 Broadway, New York, NY 10036.

          6.6 Amendments and Waivers. Subject to Section 4.2, any term of this Agreement may be amended and the
observance of any term of this Agreement may be waived (either generally or in a particular
instance, and either retroactively or prospectively) only with the written consent of the Company
and the holders of 42.5% of the Registrable Securities then outstanding (the “Requisite
Threshold”); provided that the Company may in its sole discretion waive compliance with Section
2.14(c) (and the Company’s failure to object promptly in writing to a proposed assignment
allegedly in violation of Section 2.14(c) shall be deemed to be a waiver); further
provided that any determination with respect to the satisfaction of the Requisite Threshold
prescribed hereunder shall be based upon the application of the Series E Preferred

22

 

Class Vote
Provisions for the purpose of determining the number of shares of Series E Preferred Stock deemed
to be included in the Requisite Threshold. Notwithstanding the foregoing, but still subject to
Section 4.2, (i) this Agreement may not be amended or terminated and the observance of any term
hereof may not be waived with respect to any Investor without the written consent of such Investor,
unless such amendment, termination, or waiver applies to all Investors in the same fashion (it
being agreed that a waiver of the provisions of Section 4 with respect to a particular
transaction shall be deemed to apply to all Investors other than holders of Series E Preferred
Stock in the same fashion if such waiver does so by its terms, notwithstanding the fact that
certain Investors may nonetheless, by agreement with the Company, purchase securities in such
transaction), (ii) this Agreement may not be amended or terminated and the observance of any term
hereof may not be waived without the written consent of the holders of a majority of the shares of
Common Stock held by the Key Holders insofar as such amendment, termination or waiver adversely
affects the rights held by the Key Holders, including without limitation those set forth in
Sections 2.2 and 3.1, and (iii) the provisions of Sections 5.4 and
5.5 may not be amended without the prior written consent of the holders of a majority of
the shares of Series E Preferred Stock then outstanding. The Company shall give prompt notice of
any amendment or termination hereof or waiver hereunder to any party hereto that did not consent in
writing to such amendment, termination, or waiver. Any amendment, termination, or waiver effected
in accordance with this Section 6.6 (and to the extent applicable, Section 4.2) shall be
binding on all parties hereto, regardless of whether any such party has consented thereto. No
waivers of or exceptions to any term, condition, or provision of this Agreement, in any one or more
instances, shall be deemed to be or construed as a further or continuing waiver of any such term,
condition, or provision.

          6.7 Severability. In case any one or more of the provisions contained in this Agreement is for any
reason held to be invalid, illegal or unenforceable in any respect, such invalidity, illegality, or
unenforceability shall not affect any other provision of this Agreement, and such invalid, illegal,
or unenforceable provision shall be reformed and construed so that it will be valid, legal, and
enforceable to the maximum extent permitted by law.

          6.8 Aggregation of Stock. All shares of Registrable Securities held or acquired by Affiliates shall be
aggregated together for the purpose of determining the availability of any rights under this
Agreement.

          6.9 Additional Investors. Notwithstanding anything to the contrary contained herein, if the Company issues additional
shares of the Company’s Series F Preferred Stock after the date hereof pursuant to the Purchase
Agreement, any purchaser of such shares of Series F Preferred Stock may become a party to this
Agreement by executing and delivering an additional counterpart signature page to this Agreement,
and thereafter shall be deemed an “Investor” for all purposes hereunder. No action or consent by
the Investors shall be required for such joinder to this Agreement by such additional Holder, so
long as such additional Holder has agreed in writing to be bound by all of the obligations as an
“Investor” hereunder.

          6.10 Entire Agreement. This Agreement (including any Schedules and Exhibits hereto) constitutes the full
and entire understanding and agreement between the parties with respect to the subject matter
hereof, and any other written or oral agreement relating to the subject matter hereof existing
between the parties is expressly canceled. Upon the effectiveness

23

 

of this Agreement, the Prior
Agreement shall be deemed amended and restated and superseded and replaced in its entirety by this
Agreement, and shall be of no further force or effect.

          6.11 Dispute Resolution. The parties (a) hereby irrevocably and unconditionally submit to the jurisdiction of the
federal and state courts located in Wilmington, Delaware for the purpose of any suit, action or
other proceeding arising out of or based upon this Agreement, (b) agree not to commence any suit,
action or other proceeding arising out of or based upon this Agreement except in the federal and
state courts located in Wilmington, Delaware, and (c) hereby waive, and agree not to assert, by way
of motion, as a defense, or otherwise, in any such suit, action or proceeding, any claim that it is
not subject personally to the jurisdiction of the above-named courts, that its property is exempt
or immune from attachment or execution, that the suit, action or proceeding is brought in an
inconvenient forum, that the venue of the suit, action or proceeding is improper or that this
Agreement or the subject matter hereof may not be enforced in or by such court.

          6.12 Delays or Omissions. No delay or omission to exercise any right, power, or remedy accruing to any party under
this Agreement, upon any breach or default of any other party under this Agreement, shall impair
any such right, power, or remedy of such nonbreaching or nondefaulting party, nor shall it be
construed to be a waiver of or acquiescence to any such breach or default, or to any similar breach
or default thereafter occurring, nor shall any waiver of any single breach or default be deemed a
waiver of any other breach or default theretofore or thereafter occurring. All remedies, whether
under this Agreement or by law or otherwise afforded to any party, shall be cumulative and not
alternative.

          6.13. WAIVER OF JURY TRIAL. EACH OF THE PARTIES HERETO HEREBY IRREVOCABLY WAIVES ALL
RIGHT TO TRIAL BY JURY IN ANY ACTION, PROCEEDING OR COUNTERCLAIM (WHETHER BASED ON CONTRACT, TORT,
OR OTHERWISE) ARISING OUT OF OR RELATING TO THIS AGREEMENT OR THE
ACTIONS OF ANY PARTY HERETO IN NEGOTIATION, ADMINISTRATION, PERFORMANCE OR ENFORCEMENT HEREOF.

[Remainder of Page Intentionally Left Blank]

24

 

          IN WITNESS WHEREOF, the parties have executed this Agreement as of the date first written
above.

	 	 	 	 	 
	 	COMPANY:

WATERFRONT MEDIA INC.

 	 
	 	By:  	/s/  Benjamin Wolin
 	 
	 	 	Name:  	Benjamin Wolin 	 
	 	 	Title:  	Chief Executive Officer 	 
	 
	 	INVESTORS:

WF HOLDING COMPANY, LLC

 	 
	 	By:  	/s/  John Richardson
 	 
	 	Name: John Richardson	 
	 	Title: Vice President and Secretary  	 
	 

 

 

	 	 	 	 	 
	 	SCALE VENTURE PARTNERS II, LP

By: Scale Venture Management II, LLC,

its General Partner

 	 
	 	By:  	/s/  Sharon Wienbar
 	 
	 	Name: Sharon Wienbar   	 
	 	Title: Managing Director   	 
	 

 

 

	 	 	 	 	 
	 	INVESTORS:

NEOCARTA VENTURES, L.P.

By: NeoCarta Associates, LLC,

       its General Partner

 	 
	 	By:  	/s/ D. Jarrett Collins
 	 
	 	 	Name:  	D. Jarrett Collins 	 
	 	 	Title:  	Managing Director 	 
	 
	 	NEOCARTA SCOUT FUND, L.L.C.

By: NeoCarta Associates, LLC,

       its Manager

 	 
	 	By:  	/s/ D. Jarrett Collins
 	 
	 	 	Name:  	D. Jarrett Collins 	 
	 	 	Title:  	Managing Director 	 

 

 

	 	 	 	 	 

	 	 	 	 	 	 	 
	 	 	INVESTORS:	 	 
	 
	 	 	 	 	 	 
	 	 	RHO MANAGEMENT TRUST I	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	RHO CAPITAL PARTNERS, INC.	 	 
	 

	 	 	 	INVESTMENT ADVISOR	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Jeffrey I. Martin
 

Name: Jeffrey I. Martin
	 	 
	 

	 	 	 	Title: Attorney-In-Fact	 	 
	 
	 	 	 	 	 	 
	 	 	RHO VENTURES VI, L.P.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	RMV VI, L.L.C., its General Partner	 	 
	 

	 	By:
	 	Rho Capital Partners LLC, its Managing Member	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Jeffrey I. Martin
 

Name: Jeffrey I. Martin
	 	 
	 

	 	 	 	Title: Attorney-In-Fact	 	 

 

 

	 	 	 	 	 	 	 
	 	 	INVESTORS:	 	 
	 
	 	 	 	 	 	 
	 	 	SVM STAR VENTURES	 	 
	 	 	 MANAGEMENTGESELLSCHAFT mbH NR.3	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Meir Barel	 	 
	 

	 	 	 	 	 	 
	 

	 	 	 	Name: Dr. Meir Barel	 	 
	 

	 	 	 	Title: Managing Director	 	 
	 
	 	 	 	 	 	 
	 	 	SVM STAR VENTURES	 	 
	 	 	 MANAGEMENTGESELLSCHAFT mbH NR.3	 	 
	 	 	  & CO. BETEILIGUNGS KG NR.2	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	SVM STAR VENTURES	 	 
	 

	 	 	 	MANAGEMENTGESELLSCHAFT mbH NR.3 —	 	 
	 

	 	 	 	MANAGING PARTNER	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Meir Barel
 

Name: Dr. Meir Barel
	 	 
	 

	 	 	 	Title: Managing Director	 	 
	 
	 	 	 	 	 	 
	 	 	SVE STAR VENTURES ENTERPRISES NO. VII, A	 	 
	 	 	 GERMAN CIVIL LAW PARTNERSHIP (WITH LIMITATION OF LIABILITY)	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	SVM STAR VENTURES	 	 
	 

	 	 	 	MANAGEMENTGESELLSCHAFT mbH NR.3 —	 	 
	 

	 	 	 	MANAGING PARTNER	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Meir Barel
 

Name: Dr. Meir Barel
	 	 
	 

	 	 	 	Title: Managing Director	 	 
	 
	 	 	 	 	 	 
	 	 	SVE STAR VENTURES ENTERPRISES NO. VIIa, A	 	 
	 	 	 GERMAN CIVIL LAW PARTNERSHIP (WITH LIMITATION OF LIABILITY)	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	SVM STAR VENTURES	 	 
	 

	 	 	 	MANAGEMENTGESELLSCHAFT mbH NR.3 —	 	 
	 

	 	 	 	MANAGING PARTNER	 	 

 

 

	 	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Meir Barel
 

Name: Dr. Meir Barel
	 	 
	 

	 	 	 	Title: Managing Director	 	 

 

 

	 	 	 	 	 
	 	INVESTORS:

TIME WARNER INC.

 	 
	 	By:  	
 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 

 

 

	 	 	 	 	 

	 	 	 	 	 	 	 
	 	 	INVESTORS:	 	 
	 
	 	 	 	 	 	 
	 	 	THE BERKSHIRES CAPITAL INVESTORS L.P.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	The Berkshires Management Company, LLC	 	 
	 

	 	 	 	its General Partner	 	 
	 
	 	 	 	 	 	 
	 
	 	By:	 	/s/  Russell W. Howard 

Name:  Russell W. Howard	 	 
	 
	 	 	 	Title:  Managing Director	 	 
	 
	 	 	 	 	 	 
	 	 	THE BERKSHIRES CAPITAL INVESTORS
FUND II L.P.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	The Berkshires Management Company, LLC	 	 
	 

	 	 	 	its General Partner	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/  Russell W. Howard 

Name:  Russell W. Howard	 	 
	 

	 	 	 	Title:  Managing Director	 	 

 

 

	 	 	 	 	 	 	 
	 	 	INVESTORS:	 	 
	 
	 	 	 	 	 	 
	 	 	PEABODY FAMILY VENTURES	 	 
	 

	 	By:
	 	William Bo S. Peabody, as General Partner	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ William Bo S. Peabody
 

By: Steven Massicotte under POA dated 4/2/07
	 	 

 

 

	 	 	 	 	 	 	 
	 	 	INVESTORS:	 	 
	 
	 	 	 	 	 	 
	 	 	VILLAGE VENTURES PARTNERS FUND, L.P.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	VILLAGE VENTURES CAPITAL	 	 
	 

	 	 	 	PARTNERS I, LLC, its General Partner	 	 
	 
	 	 	 	 	 	 
	 

	 	By.
	 	VILLAGE VENTURES, INC., its manager	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Steven H. Massicotte
 

Name: Steven H. Massicotte
	 	 
	 

	 	 	 	Title: Chief Operating Officer	 	 
	 
	 	 	 	 	 	 
	 	 	VILLAGE VENTURES PARTNERS FUND A, L.P.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	VILLAGE VENTURES CAPITAL	 	 
	 

	 	 	 	PARTNERS, I, LLC, its General Partner	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	VILLAGE VENTURES, INC., its manager	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Steven H. Massicotte
 

Name: Steven H. Massicotte
	 	 
	 

	 	 	 	Title: Chief Operating Officer	 	 

 

 

	 	 	 	 	 	 	 
	 	 	INVESTORS:	 	 
	 
	 	 	 	 	 	 
	 	 	BRAND EQUITY VENTURES II, L.P.	 	 
	 
	 	 	 	 	 	 
	 	 	By: Brand Equity Partners II, L.L.C.	 	 
	 	 	Its General Partner	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Marc Singer
 

	 	 
	 	 	Name: Marc Singer	 	 
	 	 	Title: Member	 	 

 

 

	 	 	 	 	 	 	 
	 	 	INVESTORS:	 	 
	 
	 	 	 	 	 	 
	 	 	HERCULES TECHNOLOGY GROWTH CAPITAL, INC.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	Name:
	 	 

K. Nicholas Martitsch
	 	 
	 

	 	Title:
	 	Associate General Counsel	 	 

 

 

	 	 	 	 	 	 	 
	 	 	INVESTORS & KEY HOLDERS:	 	 
	 
	 	 	 	 	 	 
	 	 	DRUGSITE TRUST	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 

	 	 
	 

	 	Name:	 	 	 	 
	 

	 	Title:	 	 	 	 

 

 

	 	 	 	 	 	 	 
	 	 	INVESTORS & KEY HOLDERS:	 	 
	 
	 	 	 	 	 	 
	 	 	FOUNDATION CAPITAL V, L.P.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	Foundation Capital Management Co. V, LLC	 	 
	 
	 	 	 	 	 	 
	 

	 	By:

Name:
	 	/s/ Charles Moldow
 
Charles Moldow
	 	 
	 

	 	Title:	 	General Partner	 	 
	 
	 	 	 	 	 	 
	 	 	FOUNDATION CAPITAL V PRINCIPALS FUND, LLC	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	Foundation Capital Management Co. V, LLC	 	 
	 
	 	 	 	 	 	 
	 

	 	By:

Name:
	 	/s/ Charles Moldow
 
Charles Moldow
	 	 
	 

	 	Title:	 	General Partner	 	 

 

 

	 	 	 	 	 	 	 
	 	 	INVESTORS:	 	 
	 
	 	 	 	 	 	 
	 	 	 	 	 
	 	 	Daniel Burstein	 	 

 

 

	 	 	 	 	 	 	 
	 	 	KEY HOLDERS:	 	 
	 
	 	 	 	 	 	 
	 	 	/s/ Michael Keriakos	 	 
	 	 	 	 	 
	 	 	Michael Keriakos	 	 
	 
	 	 	 	 	 	 
	 	 	/s/ Benjamin Wolin	 	 
	 	 	 	 	 
	 	 	Benjamin Wolin	 	 

 

 

	 	 	 	 	 	 	 
	 	 	OTHER HOLDERS:	 	 
	 
	 	 	 	 	 	 
	 	 	BRAND EQUITY VENTURES II, L.P.	 	 
	 
	 	 	 	 	 	 
	 	 	By: Brand Equity Partners II, L.L.C.	 	 
	 	 	Its General Partner	 	 
	 
	 	 	 	 	 	 
	 

	 	By:

Name:
	 	/s/ Marc Singer
 

Marc Singer
	 	 
	 

	 	Title:
	 	Member	 	 
	 
	 	 	 	 	 	 
	 	 	 	 	 
	 	 	Douglas W. McCormick	 	 
	 
	 	 	 	 	 	 
	 	 	 	 	 
	 	 	Peter B. Rankin, Sr.	 	 
	 
	 	 	 	 	 	 
	 	 	 	 	 
	 	 	Louis D. Schwartz	 	 
	 
	 	 	 	 	 	 
	 	 	 	 	 
	 	 	Ronald A. Sege	 	 
	 
	 	 	 	 	 	 
	 	 	 	 	 
	 	 	Ethan R. Zuckerman	 	 
	 
	 	 	 	 	 	 
	 	 	 	 	 
	 	 	Kenneth M. Morris	 	 

 

 

	 	 	 	 	 	 	 
	 	 	 	 	 
	 	 	Jeffrey R. Johnson	 	 
	 
	 	 	 	 	 	 
	 	 	 	 	 
	 	 	Norman R. Nelson	 	 
	 
	 	 	 	 	 	 
	 	 	 	 	 
	 	 	John H. Ferguson	 	 
	 
	 	 	 	 	 	 
	 	 	 	 	 
	 	 	John Tiebout	 	 
	 
	 	 	 	 	 	 
	 	 	 	 	 
	 	 	David and Margaret Gould Stewart	 	 
	 
	 	 	 	 	 	 
	 	 	 	 	 
	 	 	David and Angela Epstein	 	 
	 
	 	 	 	 	 	 
	 	 	 	 	 
	 	 	Zachary Julius	 	 
	 
	 	 	 	 	 	 
	 	 	 	 	 
	 	 	Robert P. Chabot	 	 
	 
	 	 	 	 	 	 
	 	 	 	 	 
	 	 	Sherwood Guernsey	 	 
	 
	 	 	 	 	 	 
	 	 	 	 	 
	 	 	Bradley C. Svrluga	 	 
	 
	 	 	 	 	 	 
	 	 	 	 	 
	 	 	John Halpern	 	 

 

 

	 	 	 	 	 	 	 
	 	 	 	 	 
	 	 	Roger H. Lee	 	 
	 
	 	 	 	 	 	 
	 	 	 	 	 
	 	 	Les Levine	 	 
	 
	 	 	 	 	 	 
	 	 	 	 	 
	 	 	Mark Tauber	 	 
	 
	 	 	 	 	 	 
	 	 	 	 	 
	 	 	Robert Verrico	 	 
	 
	 	 	 	 	 	 
	 	 	 	 	 
	 	 	Jackie Verrico	 	 
	 
	 	 	 	 	 	 
	 	 	SOFTWARE VENTURE PARTNERS	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 

Name:
	 	 
	 

	 	 	 	Title:	 	 
	 
	 	 	 	 	 	 
	 	 	 	 	 
	 	 	Richard H. Sabot	 	 
	 
	 	 	 	 	 	 
	 	 	 	 	 
	 	 	Raymond Montgomery	 	 
	 
	 	 	 	 	 	 
	 	 	ALLEN & COMPANY INCORPORATED	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 

Name:
	 	 
	 

	 	 	 	Title:	 	 

 

 

	 	 	 	 	 	 	 
	 	 	 	 	 
	 	 	Francis P. Birmingham	 	 
	 
	 	 	 	 	 	 
	 	 	 	 	 
	 	 	Joshua Field	 	 
	 
	 	 	 	 	 	 
	 	 	 	 	 
	 	 	Tim Sedlock	 	 
	 
	 	 	 	 	 	 
	 	 	 	 	 
	 	 	David Parks	 	 
	 
	 	 	 	 	 	 
	 	 	 	 	 
	 	 	Robert Nylen	 	 
	 
	 	 	 	 	 	 
	 	 	 	 	 
	 	 	Ken Leung	 	 
	 
	 	 	 	 	 	 
	 	 	 	 	 
	 	 	Chris O’Brien	 	 
	 
	 	 	 	 	 	 
	 	 	 	 	 
	 	 	Ignacio Fanlo	 	 

 

 

SCHEDULE A

Investors

 

 

SCHEDULE B

Key Holders

 

 

SCHEDULE C

Other Holders

 

 

EXHIBIT A

Director Indemnification

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00167-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00167-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00167-of-00352.parquet"}]]