Document:

Series C Preferred Stock Purchase Agreement

 Exhibit 10.1 

Execution Copy 
  

 
 SERIES C PREFERRED STOCK PURCHASE
AGREEMENT 
 BETWEEN 

EDGAR ONLINE, INC. 

AND 
 THE
PURCHASERS LISTED ON THE SIGNATURE PAGES HERETO 
 DATED AS OF JUNE 23, 2010 

 
  

 SERIES C PREFERRED STOCK PURCHASE AGREEMENT 

This SERIES C PREFERRED STOCK PURCHASE AGREEMENT (this “Agreement”) is made and entered into this 23rd day of
June, 2010 by and among EDGAR Online, Inc., a Delaware corporation (the “Company”) and the purchasers listed on the signature pages hereto (each, a “Purchaser” and, collectively, the
“Purchasers”). Certain terms used and not otherwise defined in the text of this Agreement are defined in Section 10 hereof. 

W I T N E S S E T H 

WHEREAS, this Agreement is being entered into in connection with the transactions contemplated by that certain Agreement and Plan of
Merger, dated as of June 23, 2010, by and among the Company, UBM Acquisition Corp., a Washington corporation and a wholly owned subsidiary of the Company, and UBMatrix, Inc., a Washington corporation (the “Merger
Agreement”), and all capitalized terms used by not defined herein shall have the meanings assigned to such terms in the Merger Agreement; and 

WHEREAS, the Company desires to issue and to sell to the Purchasers, and the Purchasers desire to purchase from the Company, the shares
of Series C Preferred Stock set forth opposite the name of each Purchaser on Schedule I attached hereto in the column Shares Purchased, all in accordance with the terms and provisions of this Agreement. 

NOW, THEREFORE, in consideration of the foregoing and the mutual representations, warranties and covenants herein contained, the parties
hereto, intending to be bound, hereby agree as follows: 
 1. Authorization of Securities. The Company has authorized the
issuance and sale of up to 12,637 shares of its Series C Convertible Preferred Stock, par value $0.01 per share (“Series C Preferred Stock”), which will be convertible into shares of the Company’s common stock, par value
$0.01 per share (the “Common Stock”), and which will have the rights, preferences and privileges set forth in the form of Certificate of Designation attached hereto as Exhibit A (the “Certificate of
Designation”). The shares of Common Stock into which the Series C Preferred Stock is convertible are sometimes referred to herein as the “Conversion Shares” and the shares of Series C Preferred Stock and the
Conversion Shares are sometimes referred to herein collectively as the “Securities” 
 2. Sale and
Purchase of the Series C Preferred Stock. Upon the terms and subject to the conditions herein contained, the Company agrees to sell to each Purchaser, and each Purchaser agrees to purchase from the Company, at the Closing, the number of shares
of Series C Preferred Stock set forth opposite the name of such Purchaser in the column “Shares Purchased” opposite the Purchaser’s name on Schedule I attached hereto, for an aggregate purchase price equal to the amount set
forth opposite the name of such Purchaser in the column “Consideration” opposite the Purchaser’s name on Schedule I attached hereto (the “Purchase Price”), which shall be paid in cash. 

 

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 3. Closing; Payment of Purchase Price; Use of Proceeds. 

3.1. Closing. The closing (the “Closing”) with respect to the transaction contemplated in Section 2
hereof shall take place at the offices of Morgan, Lewis & Bockius LLP, 1701 Market Street, Philadelphia, PA simultaneously with the closing of the Merger, or at such other time and place as the Company and the Purchasers may agree (the
“Closing Date”). At the Closing, the Company shall deliver to each Purchaser a certificate representing the Series C Preferred Stock which such Purchaser is purchasing at the Closing as set forth on Schedule I attached
hereto, registered in the name of such Purchaser, against delivery to the Company by such Purchaser of a wire transfer or check in the amount of the Purchase Price therefor. 

3.2. Use of Proceeds. The Company shall use the proceeds from the sale of Series C Preferred Stock hereunder for general corporate
purposes. 
 4. Representations and Warranties of the Purchasers; Register of Securities; Restrictions on Transfer. Each
Purchaser represents and warrants to the Company, solely and specifically as it relates to such Purchaser, as follows: 
 4.1.
Organization. The Purchaser is duly formed or organized, validly existing and in good standing under the laws of its jurisdiction of organization or formation, and has all requisite corporate, limited liability company, partnership or trust
(as the case may be) power and authority to enter into this Agreement and the other Transaction Documents and instruments referred to herein to which it is a party and to consummate the transactions contemplated hereby and thereby. 

4.2. Validity. The execution, delivery and performance of this Agreement and the other Transaction Documents and instruments
referred to herein, in each case to which the Purchaser is a party, and the consummation by the Purchaser of the transactions contemplated hereby and thereby, have been duly authorized by all necessary action on the part of the Purchaser. This
Agreement has been duly executed and delivered by the Purchaser, and the other Transaction Documents and instruments referred to herein to which it is a party will be duly executed and delivered by the Purchaser, and each such agreement constitutes
or will constitute a valid and binding obligation of the Purchaser enforceable against it in accordance with its terms, subject to (i) laws of general application relating to bankruptcy, insolvency and the relief of debtors, and (ii) rules
of law governing specific performance, injunctive relief and other equitable remedies. 
 4.3. Brokers. There is no
broker, investment banker, financial advisor, finder or other person which has been retained by or is authorized to act on behalf of the Purchaser who might be entitled to any fee or commission for which the Company will be liable in connection with
the execution of this Agreement and the consummation of the transactions contemplated hereby. 
 4.4. Investment
Representations and Warranties. The Purchaser understands that the offering and sale of the Securities have not been registered under the Securities Act and are being made in reliance upon federal and state exemptions for transactions not
involving a 
  

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public offering which depend upon, among other things, the bona fide nature of the investment intent and the accuracy of the Purchaser’s representations as expressed herein. The Purchaser
acknowledges that, except as set forth in the Investor Rights Agreement, the Company has no obligation to register or qualify the Securities for resale. 

4.5. Acquisition for Own Account. The Purchaser is acquiring the Securities for its own account for investment and not with a view
toward distribution in a manner which would violate the Securities Act. 
 4.6. Ability to Protect Its Own Interests and Bear
Economic Risks. The Purchaser, by reason of the business and financial experience of its management, has the capacity to protect its own interests in connection with the transactions contemplated by this Agreement and the other Transaction
Documents. The Purchaser is able to bear the economic risk of an investment in the Securities and is able to sustain a loss of all of its investment in the Securities without economic hardship if such a loss should occur. 

4.7. Accredited Investor. The Purchaser is an “accredited investor” as that term is defined in Regulation D
promulgated under the Securities Act. 
 4.8. Access to Information. The Purchaser has been given access to all Company
documents, records, and other information, and has had adequate opportunity to ask questions of, and receive answers from, the Company’s officers, employees, agents, accountants, and representatives concerning the Company’s business,
operations, financial condition, assets, liabilities, and all other matters relevant to its investment in the Securities. The representations of the Purchaser contained in this Section 4.8 shall not affect the ability of the Purchaser to rely
on the representations and warranties made by the Company pursuant to Section 5 of this Agreement. 
 4.9. Restricted
Securities. 
 (a) The Purchaser understands that the Securities will be characterized as “restricted
securities” under the federal securities laws inasmuch as they are being acquired from the Company in a transaction not involving a public offering and that under such laws and applicable regulations such Securities may be resold without
registration under the Securities Act only in certain limited circumstances. 
 (b) The Purchaser acknowledges
that the Securities must be held indefinitely unless subsequently registered under the Securities Act and under applicable state securities laws or an exemption from such registration is available. 

(c) The Purchaser is aware of the provisions of Rule 144 under the Securities Act which permit limited resale of
securities purchased in a private placement. 
 4.10. Residence. The office or offices of the Purchaser in which its
investment decision was made, and which is its principal place of business, in the case of a corporation, limited liability company, partnership or other entity, or is its residence, in the case of an individual, is located at the address or
addresses of the Purchaser set forth on Schedule I hereto. 
  

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 5. Representations and Warranties by the Company. The Company represents and warrants
to the Purchasers that the statements contained in Section 6 of the Merger Agreement regarding Acquiror are complete and accurate as of the date of this Agreement as if stated herein in their entireties, subject to the same exceptions and
qualifications as are described in the introductory paragraph to said Section 6. 
 6. Conditions of Parties’
Obligations. 
 6.1. Conditions of the Purchasers’ Obligations. The obligations of each Purchaser to purchase
the shares of Series C Preferred Stock set forth on Schedule I attached hereto at the Closing are subject to the fulfillment prior to the Closing Date of all of the following conditions, any of which may be waived in whole or in part by such
Purchaser in its absolute discretion. 
 (a) Representations and Warranties. The representations and
warranties of the Company contained in this Agreement and in any certificate, if any, or other writing, if any, delivered by the Company pursuant hereto shall be true and correct in all material respects on and as of the Closing Date except those
representations and warranties qualified by materiality or Material Adverse Effect, which shall be true and correct in all respects, with the same effect as though such representations and warranties had been made on and as of the Closing Date.

 (b) Performance. The Company shall have performed and complied in all material respects with all
agreements, obligations and conditions contained in this Agreement that are required to be performed or complied with it on or before the Closing. 

(c) Certificate of Designation. Prior to the Closing, (i) the Certificate of Designation shall have been filed
with the Secretary of State of the State of Delaware, and (ii) the Purchaser shall have received confirmation from the Secretary of State of the State of Delaware reasonably satisfactory to it that such filing has occurred. 

(d) Qualification Under State Securities Laws. All registrations, qualifications, permits and approvals, if any,
required to be obtained prior to the Closing under applicable state securities laws shall have been obtained for the lawful execution, delivery and performance of this Agreement or the other Transaction Documents, including, without limitation, the
offer and sale of the Securities. 
 (e) Investor Rights Agreement. The Investor Rights Agreement shall
have been executed and delivered by (i) the Company and (ii) the Purchaser. 
 (f) Stockholder
Approval. The Company shall have obtained any approval required on the part of the stockholders of the Company in connection with the execution and delivery by the Company of the Certificate of Designation, this Agreement and the other
Transaction Documents and the consummation of the transactions to be performed by the Company contemplated by the Transaction Documents. 

(g) Closing of the Merger. The Merger shall have been consummated. 

 

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 (h) Supporting Documents. The Purchaser at the Closing shall have
received the following: 
 (1) A good standing certificate of the Company; 

(2) The legal opinion from Morgan, Lewis & Bockius LLP contemplated by Section 7.2(g) of the Merger
Agreement; 
 (3) Copies of resolutions of the Board of Directors of the Company (the
“Board”), certified by the Secretary of the Company, authorizing and approving the filing of the Certificate of Designation, the execution, delivery and performance of the Transaction Documents and all other documents and
instruments to be delivered pursuant hereto and thereto; 
 (4) Copy of the Amended and Restated Certificate of
Incorporation and By-laws of the Company, certified by the Secretary of the Company; and 
 (5) A certificate of
incumbency executed by the Secretary of the Company (A) certifying the names, titles and signatures of the officers authorized to execute the documents referred to in subparagraphs (3) and (4) above and (B) further certifying
that the Certificate of Designation delivered to the Purchaser at the time of the execution of this Agreement has been validly adopted and has not been amended or modified. 

(i) Consents and Waivers. The Company shall have obtained all consents or waivers necessary to execute and perform
its obligations under the Certificate of Designation, this Agreement and the other Transaction Documents, to issue the Series C Preferred Stock and the Conversion Shares, and to carry out the transactions contemplated hereby and thereby. All
corporate and other action and governmental filings necessary to effectuate the terms of the Certificate of Designation, this Agreement, the other Transaction Documents, the Series C Preferred Stock and the Conversion Shares, and other agreements
and instruments executed and delivered by the Company in connection herewith shall have been made or taken. 

(j) Compliance Certificate. The Company shall have delivered to the Purchaser a Compliance Certificate, executed by
the Chief Executive Officer of the Company, dated as of the Closing Date to the effect that the conditions specified in subsections (a), (b), (c)(i), (e)(i), (f), (g) and (i) of this Section 6.1 have been satisfied. 

6.2. Conditions of the Company’s Obligations. The obligations of the Company under Section 2 hereof are subject to the
fulfillment prior to or on the Closing Date of all of the following conditions, any of which may be waived in whole or in part by the Company. 

(a) Covenants; Representations and Warranties. (i) The Purchaser at the Closing Date shall have performed in
all material respects all of its obligations and conditions hereunder required to be performed or complied by it at or prior to the Closing Date and (ii) the representations and warranties of the Purchaser at the Closing Date

  

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contained in this Agreement shall be true and correct in all material respects at and as of the Closing Date as if made at and as of the Closing Date (except to the extent expressly made as of an
earlier date, in which case as of such earlier date). 
 (b) Investor Rights Agreement. The Purchaser
shall have executed and delivered the Investor Rights Agreement. 
 (c) Closing of the Merger. The Merger
shall have been consummated. 
 6.3. Conditions of Each Party’s Obligations. The respective obligations of each
party to consummate the transactions at the Closing contemplated hereunder are subject to the parties being reasonably satisfied as to the absence of (a) litigation challenging or seeking damages in connection with the transactions contemplated
by this Agreement, any of the Transaction Documents or the Certificate of Designation, in which there has been issued any order or injunction delaying or preventing the consummation of the transactions contemplated hereby, and (b) any statute,
rule, regulation, injunction, order or decree, enacted, enforced, promulgated, entered, issued or deemed applicable to this Agreement or the transactions contemplated hereby by any court, government or governmental authority or agency or legislative
body, domestic, foreign or supranational prohibiting or enjoining the transactions contemplated by this Agreement. 
 7.
Covenants. 
 7.1. Reporting Requirements; Access to Records. As long as the Purchasers collectively hold at least
fifty percent (50%) of the Series C Preferred Stock purchased by them hereunder (and/or Common Stock issued upon conversion thereof, calculated on a Series C Preferred Stock equivalent basis) and the Company remains subject to the requirements
of the Exchange Act, the Company covenants to timely file (or obtain extensions in respect thereof and file within the applicable grace period) all reports required to be filed by the Company after the date hereof pursuant to the Exchange Act. The
Company further agrees to make available to the Purchasers as long as the Purchasers collectively hold at least fifty percent (50%) of the Series C Preferred Stock purchased by them hereunder (and/or Common Stock issued upon conversion thereof,
calculated on a Series C Preferred Stock equivalent basis) (i) such information as the Company is required to file or furnish to the Commission, within the time periods required by applicable law and regulations for filing or furnishing such
information with the Commission, (ii) such information as it furnishes to its other shareholders as a class, (iii) unless otherwise requested by the Purchaser, such information as it furnishes to its Board and committee members, and
(iv) reasonable access during normal business hours, upon reasonable advance notice, to all of the books, records and properties of the Company and its Subsidiaries, if any, and to all officers and employees of the Company and such Subsidiaries
(which access shall be given to the Purchaser’s respective officers, employees, advisors, counsel and other authorized representatives). 

7.2. Integration. The Company shall not sell, offer for sale or solicit offers to buy or otherwise negotiate in respect of any
security (as defined in Section 2 of the Securities Act) that would be integrated with the offer or sale of the Series C Preferred Stock in a manner 

 

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that would require the registration under the Securities Act of the sale of the Series C Preferred Stock to the Purchaser or that would be integrated with the offer or sale of the Series C
Preferred Stock for purposes of the rules and regulations of any Trading Market such that it would require shareholder approval prior to the closing of such other transaction unless shareholder approval is obtained before the closing of such
subsequent transaction. 
 7.3. Securities Laws Disclosure; Publicity. The Company shall, by 8:30 a.m. (New York City
time) on the fourth business day immediately following the date hereof, file with the Commission a Current Report on Form 8-K, disclosing the material terms of the transactions contemplated hereby and filing the Transaction Documents as exhibits
thereto. The Company and the Purchaser shall consult with each other in issuing any other press releases with respect to the transactions contemplated hereby, and neither the Company nor the Purchaser shall issue any such press release or otherwise
make any such public statement without the prior consent of the Company, with respect to any press release of the Purchaser, or without the prior consent of the Purchaser, with respect to any press release of the Company, which consent shall not
unreasonably be withheld or delayed, except if such disclosure is required by law, in which case the disclosing party shall promptly provide the other party with prior notice of such public statement or communication. Notwithstanding the foregoing,
the Company shall not include the name of the Purchaser in any filing with the Commission or any regulatory agency or Trading Market, without the prior written consent of the Purchaser, except (i) as required by federal securities law in
connection with (A) any registration statement contemplated by the Investor Rights Agreement, (B) the Current Report on Form 8-K required by this Section 7.3, (C) any filing required by the Commission and (D) the filing of
final Transaction Documents (including signature pages thereto) with the Commission and (ii) to the extent such disclosure is required by law or Trading Market regulations, in which case the Company shall provide the Purchaser with prior notice
of such disclosure permitted under this clause (ii). 
 7.4. Reservation of Common Stock. As of the Closing Date hereof,
the Company will have reserved, and the Company shall thereafter continue to reserve and keep available at all times, free of preemptive rights, a sufficient number of shares of Common Stock for the purpose of enabling the Company to issue shares of
Common Stock upon conversion of the Series C Preferred Stock. 
 7.5. Listing of Common Stock. The Company hereby agrees
to use best efforts to maintain the listing of the Common Stock on a Trading Market. The Company will take all action reasonably necessary to continue the listing and trading of its Common Stock on a Trading Market and will comply in all respects
with the Company’s reporting, filing and other obligations under the bylaws or rules of the Trading Market. 
 7.6.
Filings. The Company shall make all filings with the Commission and its Trading Markets as required by the transactions contemplated hereby. 

8. Transfer Restrictions; Restrictive Legend. 

8.1. Transfer Restrictions. The Purchaser understands that the Company may, as a condition to the transfer of any of the
Securities, require that the request for transfer be 
  

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accompanied by an opinion of counsel reasonably satisfactory to the Company, to the effect that the proposed transfer does not result in a violation of the Securities Act, unless such transfer is
covered by an effective registration statement or by Rule 144 or Rule 144A under the Securities Act; provided, however, that an opinion of counsel shall not be required for a transfer by the Purchaser that is (A) a partnership
transferring all of the assets owned by it to its partners or former partners pro rata in accordance with partnership interests, (B) a corporation transferring to a wholly owned subsidiary or a parent corporation that owns all of the capital
stock of the Purchaser, (C) a limited liability company transferring all of the assets owned by it to its members or former members pro rata in accordance with their interest in the limited liability company, (D) an individual transferring
to the Purchaser’s family member or trust for the benefit of the Purchaser, or (E) transferring its Securities to any Affiliate of the Purchaser, in the case of an institutional investor, or other Person under common management with the
Purchaser; and provided, further, that the transferee in each case agrees to be subject to the restrictions in this Section 8. It is understood that the certificates evidencing the Securities may bear substantially the following
legends: 
 “THESE SECURITIES HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933. THEY MAY NOT BE
SOLD, OFFERED FOR SALE, PLEDGED OR HYPOTHECATED IN THE ABSENCE OF A REGISTRATION STATEMENT IN EFFECT WITH RESPECT TO THE SECURITIES UNDER SUCH ACT OR AN OPINION OF COUNSEL SATISFACTORY TO THE COMPANY THAT SUCH REGISTRATION IS NOT REQUIRED OR UNLESS
SOLD PURSUANT TO RULE 144 OR RULE 144A OF SUCH ACT.” 
 8.2. Unlegended Certificates. The Company shall be obligated
to promptly reissue unlegended certificates upon the request of any holder thereof at such time as the holding period under Rule 144 or another applicable exemption from the registration requirements of the Securities Act has been satisfied. The
Company is entitled to request from any holder requesting unlegended certificates under the foregoing sentence an opinion of counsel reasonably acceptable to the Company to the effect that the securities proposed to be disposed of may lawfully be so
disposed of without registration, qualification or legend. 
 9. Registration, Transfer and Substitution of Certificates for
Securities. 
 9.1. Stock Register; Ownership of Securities. The Company will keep at its principal office a register
in which the Company will provide for the registration of transfers of the Securities. The Company may treat the Person in whose name any of the Securities are registered on such register as the owner thereof and the Company shall not be affected by
any notice to the contrary. All references in this Agreement to a “holder” of any Securities shall mean the Person in whose name such Securities are at the time registered on such register. 

9.2. Replacement of Certificates. Upon receipt of evidence reasonably satisfactory to the Company of the loss, theft, destruction
or mutilation of any certificate representing Securities, and, in the case of any such loss, theft or destruction, upon delivery of an indemnity agreement reasonably satisfactory to the Company or, in the case of any such

  

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mutilation, upon surrender of such certificate for cancellation at the office of the Company maintained pursuant to Section 9.1 hereof, the Company at its expense will execute and deliver,
in lieu thereof, a new certificate representing Securities of like tenor. 
 10. Definitions. Unless the context
otherwise requires, the terms defined in this Section 10 shall have the meanings specified for all purposes of this Agreement. 

Except as otherwise expressly provided, all accounting terms used in this Agreement, whether or not defined in this Section 10,
shall be construed in accordance with GAAP. If and so long as the Company has one or more Subsidiaries, such accounting terms shall be determined on a consolidated basis for the Company and each of its Subsidiaries, and the financial statements and
other financial information to be furnished by the Company pursuant to this Agreement shall be consolidated and presented with consolidating financial statements of the Company and each of its Subsidiaries. 

“Affiliate” shall have the meaning ascribed to such term in Rule 12b-2 of the General Rules and Regulations under
the Exchange Act; provided, that with respect to any Purchaser that is a venture capital or private equity investor, the term Affiliate shall also be deemed to include any Person under common management with such Purchaser. 

“Agreement” has the meaning assigned to it in the introductory paragraph hereof. 

“Board” has the meaning assigned to it in Section 6.1(h)(3) hereof. 

“Certificate of Designation” has the meaning assigned to it in Section 1 hereof. 

“Closing” has the meaning assigned to it in Section 3.1 hereof. 

“Closing Date” has the meaning assigned to it in Section 3.1 hereof. 

“Commission” means the Securities and Exchange Commission. 

“Common Stock” has the meaning assigned to it in Section 1 hereof. 

“Company” has the meaning assigned to it in the introductory paragraph hereof. 

“Conversion Shares” has the meaning assigned to it in Section 1 hereof. 

“Exchange Act” means the Securities Exchange Act of 1934, as amended. 

“GAAP” means U.S. generally accepted accounting principles consistently applied. 

“Investor Rights Agreement” means an agreement, substantially in the form of the Investor Rights Agreement, dated
as of January 28, 2010, by and among the Company and the Purchasers (as defined therein), which is amended and restated to make the Purchasers under this Agreement party thereto, with rights substantially the same as the Purchasers (as defined
therein). 
  

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 “Material Adverse Effect” means (i) any material adverse effect
on the issuance or validity of the Securities or the transactions contemplated hereby or the enforceability or validity of the Certificate of Designation or on the ability of the Company to perform its obligations under this Agreement and the other
Transaction Documents or (ii) any material adverse effect on the condition (financial or otherwise), properties, assets, liabilities, business or operations of the Company and its Subsidiaries, taken as a whole. 

“Person” means and includes all natural persons, corporations, business trusts, associations, companies,
partnerships, joint ventures, limited liability companies and other entities and governments and agencies and political subdivisions. 

“Purchase Price” has the meaning assigned to it in Section 2 hereof. 

“Purchaser” has the meaning assigned to it in the introductory paragraph of this Agreement and shall include any
Affiliates of the Purchaser. 
 “Securities” has the meaning assigned to it in Section 1 hereof.

 “Securities Act” or “Act” means the Securities Act of 1933, as amended.

 “Series C Preferred Stock” has the meaning assigned to such term in Section 1 hereof.

 “Trading Market” means the following markets or exchanges on which the Common Stock is listed or
quoted for trading on the date in question: the American Stock Exchange, the Nasdaq Capital Market, the Nasdaq Global Market, the Nasdaq Global Select Market, the New York Stock Exchange or the OTC Bulletin Board. 

“Transaction Documents” means this Agreement and the Investor Rights Agreement. 

11. Enforcement. 

11.1. Cumulative Remedies. None of the rights, powers or remedies conferred upon the Purchaser on the one hand or the Company on
the other hand shall be mutually exclusive, and each such right, power or remedy shall be cumulative and in addition to every other right, power or remedy, whether conferred by this Agreement, any of the other Transaction Documents or the
Certificate of Designation or now or hereafter available at law, in equity, by statute or otherwise. In addition to being entitled to exercise all rights provided herein or granted by law, including recovery of damages, the Purchaser and the Company
will be entitled to specific performance under the Transaction Documents. The parties agree that monetary damages may not be adequate compensation for any loss incurred by reason of any breach of

  

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obligations contained in the Transaction Documents and hereby agree to waive and not to assert in any action for specific performance of any such obligation the defense that a remedy at law would
be adequate. 
 11.2. No Implied Waiver. Except as expressly provided in this Agreement, no course of dealing between the
Company and the Purchaser or any other holder of shares of Series C Preferred Stock and no delay in exercising any such right, power or remedy conferred hereby or by the Certificate of Designation, or by any of the other Transaction Documents or now
or hereafter existing at law in equity, by statute or otherwise, shall operate as a waiver of, or otherwise prejudice, any such right, power or remedy. 

12. Confidentiality. Except as otherwise agreed in writing by the Company, the Purchaser agrees that it will use reasonable care
to keep confidential and 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 the Transaction Documents (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 12 by the Purchaser),
(b) is or has been independently developed or conceived by the Purchaser without use of the Company’s confidential information, (c) is or has been made known or disclosed to the Purchaser by a third party without a breach of any
obligation of confidentiality such third party may have to the Company or (d) was known to the Purchaser prior to disclosure to the Purchaser by the Company; provided, however, that the Purchaser 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; (ii) to any prospective purchaser of any
Securities from the Purchaser, if such prospective purchaser agrees to be bound by the provisions of this Section 12; (iii) to any Affiliate, partner, member, stockholder or advisor of the Purchaser in the ordinary course of business,
provided that the Purchaser 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 Purchaser promptly
notifies the Company of such disclosure and, if requested by the Company, reasonably cooperates with the Company at the Company’s expense to minimize the extent of any such required disclosure. Notwithstanding anything to the contrary herein,
the confidentiality obligations of this Section 12 shall survive the termination of this Agreement. 
 13.
Miscellaneous. 
 13.1. Waivers and Amendments. Upon the approval of the Company and the written consent of the
Purchaser, the obligations of the Company and the rights of the Purchaser under this Agreement may be waived (either generally or in a particular instance, either retroactively or prospectively and either for a specified period of time or
indefinitely). Neither this Agreement, nor any provision hereof, may be changed, waived, discharged or terminated orally or by course of dealing, but only by an instrument in writing. 

13.2. Notices. All notices, requests, consents, and other communications under this Agreement shall be in writing and shall be
deemed delivered (a) three business days after 
  

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being sent by registered or certified mail, return receipt requested, postage prepaid or (b) one business day after being sent via a reputable nationwide overnight courier service
guaranteeing next business day delivery, in each case to the intended recipient as set forth below: 
 If to
the Purchaser at its address set forth on Schedule I hereto. 
 with a copy to: 

Fenwick & West LLP 

Silicon Valley Center 

801 California Street 

Mountain View, CA 

Attention: Cynthia C. Hess, Esquire and 

Andrew Y. Luh, Esquire 

Facsimile No.: (650) 938-5200 

If to the Company: 

EDGAR Online, Inc. 

50 Washington Street 

Norwalk, Connecticut 06854 

Attention: Chief Executive Officer 

Facsimile No.: 212-457-8222 

with a copy to: 

Morgan, Lewis & Bockius LLP 

1701 Market Street 

Philadelphia, PA 19103 

Attention: Justin W. Chairman 

Facsimile No: (215) 963-5001 

or at such other address as the Company or the Purchaser each may specify by written notice to the other parties hereto. Any party may give any notice,
request, consent or other communication under this Agreement using any other means (including, without limitation, personal delivery, messenger service, telecopy, first class mail or electronic mail), but no such notice, request, consent or other
communication shall be deemed to have been duly given unless and until it is actually received by the party for whom it is intended. Any party may change the address to which notices, requests, consents or other communications hereunder are to be
delivered by giving the other parties notice in the manner set forth in this Section 13.2. 
 13.3. Indemnification;
Survival. The Company shall indemnify, save and hold harmless each Purchaser, its directors, officers, employees, partners, representatives and agents 

 

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(each, a “Purchaser Indemnified Party”) from and against (and shall promptly reimburse such indemnified persons for) any and all liability, loss, cost, damage, reasonable
attorneys’ and accountants’ fees and expenses, court costs and all other out-of-pocket expenses incurred (collectively, “Losses”) in connection with or arising from claims, actions, suits, proceedings or similar
claims by any person or entity (other than any Purchaser Indemnified Party) associated, arising out of or relating to (i) the execution, delivery and performance of this Agreement, any of the other Transaction Documents or the Certificate of
Designation, (ii) the transactions contemplated hereby or thereby, (iii) the ownership by the Purchaser of the Securities or (iv) the rights of the Purchaser to elect directors to the Company’s Board. This indemnification
provision shall be in addition to the rights of the Purchaser to bring an action against the Company for breach of any term of this Agreement, the other Transaction Documents or the Certificate of Designation. 

13.4. No Waivers. No failure or delay by any party in exercising any right, power or privilege hereunder shall operate as a waiver
thereof nor shall any single or partial exercise thereof preclude any other or further exercise thereof or the exercise of any other right, power or privilege. The rights and remedies herein provided shall be cumulative and not exclusive of any
rights or remedies provided by law. 
 13.5. Successors and Assigns. All the terms and provisions of this Agreement shall
be binding upon and inure to the benefit of and be enforceable by the respective parties hereto, the successors and permitted assigns of the Purchaser and the successors of the Company, whether so expressed or not. 

13.6. Headings. The headings of the Sections and paragraphs of this Agreement have been inserted for convenience of reference only
and do not constitute a part of this Agreement. 
 13.7. Governing Law. This Agreement shall be governed by and construed
in accordance with the laws of the State of New York, without regard to its conflict of law principles. 
 13.8. Fees and
Expenses. Each party shall pay all of its own costs and expenses relating to this Agreement and the consummation of the transactions contemplated hereby. 

13.9. Jurisdiction. Any suit, action or proceeding seeking to enforce any provision of, or based on any matter arising out of or
in connection with, this Agreement or the transactions contemplated hereby shall be brought in any federal or state court located in the State of New York, and each of the parties hereby consents to the jurisdiction of such courts (and of the
appropriate appellate courts therefrom) in any such suit, action or proceeding and irrevocably waives, to the fullest extent permitted by law, any objection which it may now or hereafter have to the laying of the venue of any such suit, action or
proceeding in any such court or that any such suit, action or proceeding which is brought in any such court has been brought in an inconvenient forum. Process in any such suit, action or proceeding may be served on any party anywhere in the world,
whether within or without the jurisdiction of any such court. Without limiting the foregoing, each party agrees that service of process on such party as provided in Section 13.2 shall be deemed effective service of process on such party.

  

 - 13 - 

 13.10. Waiver of Jury Trial. TO THE EXTENT NOT PROHIBITED BY APPLICABLE LAW WHICH
CANNOT BE WAIVED, THE PURCHASER AND THE COMPANY HEREBY WAIVE, AND COVENANT THAT NEITHER THE COMPANY NOR THE PURCHASER WILL ASSERT, ANY RIGHT TO TRIAL BY JURY ON ANY ISSUE IN ANY PROCEEDING, WHETHER AS PLAINTIFF, DEFENDANT OR OTHERWISE, IN RESPECT OF
ANY ISSUE, CLAIM, DEMAND, ACTION OR CAUSE OF ACTION ARISING OUT OF OR BASED UPON THIS AGREEMENT, ANY OTHER AGREEMENT OR THE SUBJECT MATTER HEREOF OR THEREOF OR IN ANY WAY CONNECTED WITH, RELATED OR INCIDENTAL TO THE DEALINGS OF THE PURCHASER AND THE
COMPANY HEREUNDER OR THEREUNDER, IN EACH CASE WHETHER NOW EXISTING OR HEREAFTER ARISING AND WHETHER IN TORT OR CONTRACT OR OTHERWISE. The Company acknowledges that it has been informed by the Purchaser that the provisions of this Section 13.10
constitute a material inducement upon which the Purchaser is relying and will rely in entering into this Agreement. The Purchaser or the Company may file an original counterpart or a copy of this Section 13.10 with any court as written evidence
of the consent of the Purchaser and the Company to the waiver of the right to trial by jury. 
 13.11. Counterparts;
Effectiveness. This Agreement may be executed in any number of counterparts and by different parties hereto in separate counterparts, with the same effect as if all parties had signed the same document. All such counterparts shall be deemed an
original, shall be construed together and shall constitute one and the same instrument. This Agreement shall become effective when each party hereto shall have received counterparts hereof signed by all of the other parties hereto. 

13.12. Entire Agreement. The Certificate of Designation and the Transaction Documents contain the entire agreement among the
parties hereto with respect to the subject matter hereof and thereof and such agreements supersede and replace all other prior agreements, written or oral, among the parties hereto with respect to the subject matter hereof and thereof. 

13.13. Severability. If any provision of this Agreement shall be found by any court of competent jurisdiction to be invalid or
unenforceable, the parties hereby waive such provision to the extent that it is found to be invalid or unenforceable. Such provision shall, to the maximum extent allowable by law, be modified by such court so that it becomes enforceable, and, as
modified, shall be enforced as any other provision hereof, all the other provisions hereof continuing in full force and effect. 

[Remainder of Page Intentionally Left Blank] 

 

 - 14 - 

 IN WITNESS WHEREOF, the parties hereto have caused this Stock Purchase Agreement to be duly
executed as of the day and year first above written. 
  

			
	THE COMPANY
	
	EDGAR ONLINE, INC.
		
	By:	 	 /s/ Philip D. Moyer

	Name:	 	Philip D. Moyer
	Title:	 	President and Chief Executive Officer

Signature Page to Series C Preferred Stock Purchase Agreement 

 IN WITNESS WHEREOF, the parties hereto have caused this Stock Purchase Agreement to be duly
executed as of the day and year first above written. 
  

			
	THE PURCHASERS
	
	DRAPER FISHER JURVETSON FUND VIII., L.P.
		
	By:	 	 /s/ John Fisher

	Name:	 	John Fisher
	Title:	 	Managing Director
	
	DRAPER FISHER JURVETSON PARTNERS VIII, LLC
		
	By:	 	 /s/ John Fisher

	Name:	 	John Fisher
	Title:	 	Managing Member
	
	DRAPER ASSOCIATES, L.P.
		
	By:	 	 /s/ Timothy C. Draper

	Name:	 	Timothy C. Draper
	Title:	 	General Partner

 Signature Page to
Series C Preferred Stock Purchase Agreement 

 SCHEDULE I 
  

						
	 Purchaser
	  	Shares
Purchased	  	Consideration
	 Draper Fisher Jurvetson Fund VIII, L.P.
	  	11,373.3	  	$	1,800,000.00
	 Draper Fisher Jurvetson Partners VIII, LLC
	  	252.74	  	$	40,000.00
	 Draper Associates L.P.
	  	1,010.96	  	$	160,000.00
		  		  		
		  		  		
		  		  		
		  		  		
		  		  		

 EXHIBIT A 

CERTIFICATE OF DESIGNATIONForm of Restricted Stock Units Agreement (Non-employee Directors)

 EXHIBIT 10.41 

RESTRICTED STOCK UNITS AGREEMENT 

(Nonemployee Directors) 

This Restricted Stock Units Agreement (the “Agreement”) is made and entered into on
                                        
(the “Grant Date”), pursuant to the Casey’s General Stores, Inc. 2009 Stock Incentive Plan (the “Plan”). The Committee administering the Plan has selected the party specified on the execution page hereof (the
“Participant”) to receive the following award (the “Award”) of Restricted Stock Units, each of which represents the right to receive on the applicable settlement date described in Section 1 (each a “Settlement
Date”) one (1) share of the Common Stock, no par value (“Stock”) of Casey’s General Stores, Inc., an Iowa corporation (the “Company”), on the terms and conditions set forth below to which Participant accepts and
agrees: 
  

					
	 1. Award Granted.
	 		  	
			
	 Grant Date:
	 	                        ,
20        	  	
			
	 Number of Restricted Stock Units:
	 	                             
            	  	
			
	 Vesting Date/Settlement Date:
	 	For each Restricted Stock Unit, the date on which such unit becomes a Vested Unit in accordance with Section 4 or Section 7 below.	  	

 2. Grant of Units. On the Grant Date, the Participant shall acquire, subject to the
provisions of this Agreement, the number of Restricted Stock Units as specified in Section 1 above (the “Units”). Each Unit represents a right to receive on a date determined in accordance with this Agreement one (1) share of
Stock. This Award shall be governed by the terms of the Plan, which are incorporated herein by this reference. The Participant acknowledges having received and read a copy of the Plan. Capitalized terms not otherwise defined by this Agreement will
have the meanings assigned to the Plan. 
 3. No Monetary Payment Required. The Participant is not required to make any
monetary payment (other than applicable tax withholding, if any) as a condition to receiving the Units or shares of Stock issued upon settlement of the Units, the consideration for which shall be past services actually rendered and/or future
services to be rendered to the Company or for its benefit. 
 4. Vesting of Units. Subject to Participant’s continued
services to the Company through the Vesting Date, the Units will vest and become “Vested Units” as of                  1,
20        . 
 Despite any other provisions of this Agreement, if the
Participant’s services to the Company terminate because of the death or disability of the Participant, the Units that otherwise would not be vested as of the date of termination shall vest and become Vested Units as of that date. 

 

 56 

 5. Settlement of the Award. 

a. Issuance of Shares of Stock. The Company shall issue to the Participant on the Settlement Date (that is, the
date on which the Units shall vest and become Vested Units) with respect to each Vested Unit to be settled on such date one (1) share of Stock. Shares of Stock issued in settlement of Units shall not be subject to any restriction on transfer
other than any such restriction as may be required pursuant to Section 5. c., Section 6 or the Company’s Insider Trading Policy. For purposes of this Section, “Insider Trading Policy” means the written policy of the Company
pertaining to the sale, transfer or other disposition of the Company’s equity securities by members of the Board, officers or other employees who may possess material, non-public information regarding the Company, as in effect at the time of a
disposition of any Shares. 
 b. Certificate Registration. A certificate for the shares as to which the
Award is settled shall be registered in the name of the Participant, or, if applicable, in the names of the heirs of the Participant designated in writing by the Participant on forms approved by the Company for that purpose. 

c. Restrictions on Grant of the Award and Issuance of Shares. The grant of the Award and issuance of shares of
Stock upon settlement of the Award shall be subject to compliance with all applicable requirements of federal, state or foreign law with respect to such securities. No shares of Stock may be issued hereunder if the issuance of such shares would
constitute a violation of any applicable federal, state or foreign securities laws or other law or regulations or the requirements of any stock exchange or market system upon which the Stock may then be listed. 

d. Restriction on Transfer of Shares. In addition, subject to Article 8 of the Plan, shares of Stocks issued upon
settlement of the Award on the Settlement Date shall not be transferrable by the Participant until the Participant ceases to be a member of the Company’s Board of Directors or, if earlier, May 1, 2015. 

6. Tax Matters. 

a. Tax Withholding in General. At the time this Agreement is executed, or at any time thereafter as requested by
the Company, the Participant hereby authorizes withholding from any amounts payable to the Participant, and otherwise agrees to make adequate provision for, any sums required to satisfy the federal, state, local and foreign tax withholding
obligations of the Company, if any, which arise in connection with the Award or the issuance of shares of Stock in settlement thereof. The Company shall have no obligation to deliver shares of Stock until the tax withholding obligations of the
Company have been satisfied by the Participant. 
 b. Assignment of Sale Proceeds; Payment of Tax Withholding
by Check. Subject to compliance with applicable law and the Company’s Insider Trading Policy, the Participant shall satisfy the Company’s tax withholding obligations in accordance with procedures established by the Company providing
for delivery by the Participant to the Company or a broker approved by the Company of properly executed instructions, in a form approved by the Company, providing for the assignment to the Company of the proceeds of a

  

 57 

 
sale with respect to some or all of the shares being acquired upon settlement of Units. Notwithstanding the foregoing, the Participant may elect to pay by check the amount of the Company’s
tax withholding obligations arising on any Settlement Date by delivering written notice of such election to the Company on a form specified by the Company for this purpose at least thirty (30) days (or such other period established by the
Company) prior to such Settlement Date. By making such election, the Participant agrees to deliver a check for the full amount of the required tax withholding to the Company on or before the third business day following the Settlement Date. If the
Participant elects to pay the required tax withholding by check but fails to make such payment as required by the preceding sentence, the Company is hereby authorized at its discretion, to satisfy the tax withholding obligations through any other
means authorized by this Section 6, including by effecting a sale of some or all of the shares being acquired upon settlement of Units, withholding from payroll and any other amounts payable to the Participant, or by withholding shares in
accordance with Section 6.c. 
 c. Withholding in Shares. The Company may, in its discretion, permit
or require the Participant to satisfy all or any portion of the Company’s tax withholding obligations by deducting from the shares of Stock otherwise deliverable to the Participant in settlement of the Award a number of whole shares having a
Fair Market Value, as determined by the Company as of the date on which the tax withholding obligations arise, not in excess of the amount of such tax withholding obligations determined by the applicable minimum statutory withholding rates.

 7. Effect of Change in Control on Award. In the event of a Change in Control, the Units that otherwise would not be
vested shall vest and become Vested Units immediately prior to (but conditioned upon the consummation of) the Change in Control, as described in Article 14 of the Plan. 

8. Adjustments for Changes in Capital Structure. Subject to any required action by the stockholders of the Company, in the event of
any change in the Stock effected without receipt of consideration by the Company, whether through merger, consolidation, reorganization, reincorporation, recapitalization, reclassification, stock dividend, stock split, reverse stock split, split-up,
split-off, spin-off, combination of shares, exchange of shares, or similar change in the capital structure of the Company, or in the event of payment of a dividend or distribution to the stockholders of the Company in a form other than Stock
(excepting normal cash dividends) that has a material effect on the fair market value of shares of Stock, appropriate adjustments shall be made in the number of Units subject to the Award and/or the number and kind of shares to be issued in
settlement of the Award, in order to prevent dilution or enlargement of the Participant’s rights under the Award. Any fractional share resulting from an adjustment pursuant to this Section shall be rounded down to the nearest whole number. Such
adjustments shall be determined by the Committee, and its determination shall be final, binding and conclusive. 
 9. Rights
as a Stockholder. The Participant shall have no rights as a stockholder with respect to any shares which may be issued in settlement of this Award until the Settlement Date. No adjustment shall be made for dividends, distributions or other
rights for which the record date is prior to the date such certificate is issued, except as provided in Section 8. 
  

 58 

 10. Legends. The Company may at any time place legends referencing any applicable
federal, state or foreign securities law restrictions on all certificates representing shares of Stock issued pursuant to this Agreement. 

11. Delivery of Documents and Notices. Any document relating to participation in the Plan or any notice required or permitted
hereunder shall be given in writing and shall be deemed effectively given (except to the extent that this Agreement provides for effectiveness only upon actual receipt of such notice) upon personal delivery, electronic delivery at the e-mail
address, if any, provided for the Participant by the Company, or upon deposit in the U.S. Post Office or foreign postal service, by registered or certified mail, or with a nationally recognized overnight courier service, with postage and fees
prepaid, addressed to the other party at the address shown below that party’s signature to the Notice or at such other address as such party may designate in writing from time to time to the other party. 

12. Miscellaneous Provisions. 

a. Termination or Amendment. The Committee may terminate or amend the Plan or this Agreement at any time; provided,
however, that (i) no such termination or amendment may adversely affect the Participant’s rights under this Agreement without the consent of the Participant unless such termination or amendment is necessary to comply with applicable law or
government regulation, and (ii) no such amendment may alter or accelerate the time or form of distributions in violation of Section 409A of the Code, if applicable, including, without limitation, any amendment that would violate the
provisions of Section 409A of the Code requiring that any amendment to extend the issuance of any shares of Stock after the Settlement Date may not take effect until at least twelve (12) months after the date on which the new election is
made, and, if the new election relates to a payment for a reason other than the death or disability of the Participant, the new election must provide for the deferral of issuance of such shares of Stock for a period of at least five (5) years
from the Settlement Date such issuance of shares of Stock would otherwise have been made. No amendment or addition to this Agreement shall be effective unless in writing. 

b. Nontransferability of the Award. Prior the issuance of shares of Stock on the applicable Settlement Date,
neither this Award nor any Units subject to this Award shall be subject in any manner to anticipation, alienation, sale, exchange, transfer, assignment, pledge, encumbrance, or garnishment by creditors of the Participant or the Participant’s
beneficiary, except transfer by will or by the laws of descent and distribution. All rights with respect to the Award shall be exercisable during the Participant’s lifetime only by the Participant or the Participant’s guardian or legal
representative. 
 c. Further Instruments. The parties hereto agree to execute such further instruments
and to take such further action as may reasonably be necessary to carry out the intent of this Agreement. 
 d.
Binding Effect. This Agreement shall inure to the benefit of the successors and assigns of the Company and, subject to the restrictions on transfer set forth herein, be binding upon the Participant and the Participant’s heirs, executors,
administrators, successors and assigns. 
  

 59 

 e. Integrated Agreement. This Agreement and the Plan, together with
any service or other agreement between the Participant and the Company referring to the Award, shall constitute the entire understanding and agreement of the Participant and the Company with respect to the subject matter contained herein or therein
and supersedes any prior agreements, understandings, restrictions, representations, or warranties among the Participant and the Company with respect to such subject matter other than those as set forth or provided for herein or therein. To the
extent contemplated herein or therein, the provisions of this Agreement shall survive any settlement of the Award and shall remain in full force and effect. 

f. Severability. Should any term, covenant, provision, paragraph or condition of this Agreement be held invalid or
illegal, such invalidity or illegality shall not invalidate the whole Agreement, but it shall be construed as if not containing the invalid or illegal part or parts and the rights and obligations of the parties shall be construed and enforced
accordingly. 
 g. Applicable Law. This Agreement shall be governed by and construed in accordance with
the laws of the State of Iowa. 
  

 60 

 IN WITNESS WHEREOF, each of the parties hereto has executed this Agreement, in the case of
the Company by its duly authorized officer, as of the date and year written above. 
  

			
	 CASEY’S GENERAL STORES, INC.,

	 an Iowa Corporation

		
	 By:
	 	  

		 	Robert J. Myers
		 	President and Chief Executive Officer

  

			
	Address:	  	One Convenience Blvd.
		  	Ankeny, Iowa 50021

  

							
	 PARTICIPANT
	 		 		 	
				
	 Signature:
	 	
                        
                                      
	 		 	
				
	 Print Name:
	 	
                        
                                      
	 		 	
				
	 Address:
	 	
                        
                                      
	 		 	
				
		 	
                        
                                      
	 		 	

  

 61

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