Document:

exv4w3

Exhibit 4.3

FIRST AMENDMENT TO THE FIFTH AMENDED AND RESTATED

STOCKHOLDER RIGHTS AGREEMENT

     This FIRST AMENDMENT TO THE FIFTH AMENDED AND RESTATED STOCKHOLDER RIGHTS AGREEMENT, dated as
of September 18, 2009 (this “First Amendment”), among WATERFRONT MEDIA INC., a Delaware
corporation (the “Company”), and the INVESTORS, KEY HOLDERS and OTHER HOLDERS, as defined
in the Stockholder Rights Agreement referred to below. Capitalized terms not defined herein shall
have the meanings set forth in the Stockholder Rights Agreement.

W I T N E S S E T H:

     WHEREAS, the parties have previously entered into that certain Fifth Amended and Restated
Stockholder Rights Agreement (the “Stockholder Rights Agreement”) dated October 15, 2008,
among WATERFRONT MEDIA INC., a Delaware corporation (the “Company”) and the INVESTORS, KEY
HOLDERS and OTHER HOLDERS as defined therein;

     WHEREAS, the Company wishes to obtain secured loans from Square 1 Bank (the “Lender”)
pursuant to a Loan and Security Agreement by and between the Company and the Lender dated as of
September 18, 2009 (the “Loan Agreement”);

     WHEREAS, in connection with the Loan Agreement, the Company will grant to the Lender a warrant
to purchase a certain number of Series F Preferred Stock (the “Warrant”);

     WHEREAS, the Warrant provides for the holder of the Warrant to be granted certain rights to
register the shares of the Company’s Common Stock issued upon conversion of the Series F Preferred
Stock, issued pursuant to the exercise of the Warrant; and

     WHEREAS, the parties hereto, constituting the holders of that number of shares of Preferred
Stock of the Company exceeding the Requisite Threshold (as defined in the Stockholder Rights
Agreement), desire to amend the Stockholder Rights Agreement as provided in this First Amendment.

     NOW THEREFORE, in consideration of the foregoing premises and the representations, warranties,
covenants and agreements herein contained, the parties hereto, intending to be legally bound, agree
as follows:

 

 

     1. Section 1.20 of the Stockholder Rights Agreement is hereby deleted in its entirety
and is hereby replaced with the following:

The term “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 (excluding the Warrant); (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; (iv) any shares of Common Stock held by Square 1 Bank issued or issuable upon
conversion of the Series F Preferred Stock issued pursuant to the exercise of the Warrant
(as defined herein), provided, however, that such shares of Common Stock shall not be
deemed Registrable Securities and Square 1 Bank shall not be deemed a Holder for purposes
of Sections 2.1, 2.4(a), 2.7, 2.11 and Section 6.6; and (v) 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.

     2. Section 1.40 is hereby added to the Stockholder Rights Agreement and shall be as
follows:

The term “Warrant” means the warrant to purchase a certain number of Series F Preferred
Stock issued to Square 1 Bank pursuant to the Loan and Security Agreement, by and between
the Company, Square 1 Bank, Revolution Health Group LLC and CarePages, Inc., dated as of
September 18, 2009.

     3. Upon its execution of a counterpart signature page to the Stockholder Rights Agreement,
Square 1 Bank shall become a party to the Stockholder Rights Agreement.

     4. This First Amendment shall be governed by, and construed in accordance with, the law of the
State of New York without reference to choice of law principles, including all matters of
construction, validity and performance.

     5. This First Amendment constitutes an amendment to the Stockholder Rights Agreement pursuant
to Section 6.6 of the Stockholder Rights Agreement. Except as expressly amended by this First
Amendment, each and every provision of the Stockholder Rights Agreement remains in full force and
effect in accordance with the

 

 

terms and provisions thereof and, by reference, the terms and provisions of the Stockholder
Rights Agreement are incorporated herein and made hereof.

[Remainder of Page Intentionally Left Blank]

 

 

     IN WITNESS WHEREOF, the parties hereto have executed this First Amendment to the Fifth Amended
and Restated Stockholder Rights Agreement as of the date first above written.

	 	 	 	 	 
	 	COMPANY:

WATERFRONT MEDIA INC.

 	 
	 	By:  	/s/ Alan Shapiro
 	 
	 	 	Name:  	Alan Shapiro 	 
	 	 	Title:  	Senior Vice President and General Counsel 	 
	 
	 	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:	 	 	 	 
	 

	 	Name:
	 	 

	 	 
	 

	 	Title:	 	 	 	 

 

 

	 	 	 	 	 	 	 
	 	 	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 GMBH & CO. NO. VIIa, KG	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	SVM STAR VENTURES	 	 
	 

	 	 	 	MANAGEMENTGESELLSCHAFT mbH NR.3 – 
MANAGING LIMITED
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:	 	 	 	 
	 

	 	 	 	 

Name:
	 	 
	 

	 	 	 	Title:	 	 
	 
	 	 	 	 	 	 
	 	 	THE BERKSHIRES CAPITAL INVESTORS

    FUND II L.P.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	The Berkshires Management Company, LLC

its General Partner	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 

Name:
	 	 
	 

	 	 	 	Title:	 	 

 

 

	 	 	 	 	 	 	 
	 	 	INVESTORS:	 	 
	 
	 	 	 	 	 	 
	 	 	PEABODY FAMILY VENTURES

By: William Bo S. Peabody, as General Partner	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 

Name:
	 	 
	 

	 	 	 	Title:	 	 

 

 

	 	 	 	 	 	 	 
	 	 	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:	 	 	 	 
	 

	 	 	 	 	 	 
	 	 	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:
	 	/s/ Charles Moldow	 	 
	 

	 	Name:
	 	 

Charles Moldow
	 	 
	 

	 	Title:
	 	General Partner	 	 
	 
	 	 	 	 	 	 
	 	 	FOUNDATION CAPITAL V PRINCIPALS FUND, LLC	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	Foundation Capital Management Co. V, LLC	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Charles Moldow	 	 
	 

	 	Name:
	 	 

Charles Moldow
	 	 
	 

	 	Title:
	 	General Partner	 	 

 

 

	 	 	 	 	 
	 

	 	INVESTORS:	 	 
	 
	 	 	 	 
	 

	 	 

Daniel Burstein
	 	 

 

 

	 	 	 	 	 
	 

	 	KEY HOLDERS:	 	 
	 
	 	 	 	 
	 

	 	 

Michael Keriakos
	 	 
	 
	 	 	 	 
	 

	 	 

Benjamin Wolin
	 	 

 

 

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

	 	By:	 	 	 	 
	 

	 	Name:
	 	 

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 Fanloexv4w4

Exhibit 4.4

SECOND AMENDMENT TO THE FIFTH AMENDED AND RESTATED

STOCKHOLDER RIGHTS AGREEMENT

     This SECOND AMENDMENT TO THE FIFTH AMENDED AND RESTATED STOCKHOLDER RIGHTS AGREEMENT, dated as
of October 8, 2009 (this “Second Amendment”), by and among WATERFRONT MEDIA INC., a
Delaware corporation (the “Company”), and the INVESTORS, KEY HOLDERS and OTHER HOLDERS, as
defined in the Stockholder Rights Agreement referred to below. Capitalized terms not defined herein
shall have the meanings set forth in the Stockholder Rights Agreement.

WITNESSETH:

     WHEREAS, the parties have previously entered into that certain Fifth Amended and Restated
Stockholder Rights Agreement (the “Stockholder Rights Agreement”) dated October 15, 2008,
among the Company and the Investors, Key Holders and Other Holders as defined therein;

     WHEREAS, the Stockholder Rights Agreement was amended pursuant to that certain First Amendment
to the Stockholder Rights Agreement dated September 18, 2009 (the “First Amendment”);

     WHEREAS, the Company wishes to obtain a secured loan from Compass Horizon Funding Company LLC
(the “Lender”) pursuant to a Venture Loan and Security Agreement by and among the Company,
Revolution Health Group LLC, CarePages, Inc. and the Lender dated as of October 8, 2009 (the
“Loan Agreement”);

     WHEREAS, in connection with the Loan Agreement, the Company will grant to the Lender a warrant
to purchase a certain number of shares of Series F Preferred Stock of the Company (the
“Warrant”);

     WHEREAS, the Warrant provides for the holder of the Warrant to be granted certain rights to
register the shares of the Company’s Common Stock issued upon conversion of the Series F Preferred
Stock, issued pursuant to the exercise of the Warrant; and

     WHEREAS, the parties hereto, constituting the holders of that number of shares of Preferred
Stock of the Company exceeding the Requisite Threshold (as defined in the Stockholder Rights
Agreement), desire to amend the Stockholder Rights Agreement as provided in this Second Amendment.

 

 

     NOW THEREFORE, in consideration of the foregoing premises and the representations, warranties,
covenants and agreements herein contained, the parties hereto, intending to be legally bound, agree
as follows:

     1. Section 1.20 of the Stockholder Rights Agreement is hereby deleted in its entirety
and is hereby replaced with the following:

The term “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 (excluding the Warrants); (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; (iv) any shares of Common Stock held by Square 1 Bank (“Square 1”) or Compass
Horizon Funding Company LLC (“Compass”) issued or issuable upon conversion of the Series F
Preferred Stock issued pursuant to the exercise of the Warrants (as defined herein),
provided, however, that such shares of Common Stock shall not be deemed Registrable
Securities and neither Square 1 nor Compass shall be deemed Holders for purposes of
Sections 2.1, 2.4(a), 2.7, 2.11 and Section 6.6; and (v) 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.

     2. Section 1.40 is hereby deleted in its entirety and is hereby replaced with the
following:

The term “Warrants” means the warrants to purchase a certain number of shares of Series F
Preferred Stock issued to (a) Square 1 pursuant to the Loan and Security Agreement, by and
between the Company, Square 1, Revolution Health Group LLC and CarePages, Inc., dated as of
September 18, 2009 and (b) Compass pursuant to the Venture Loan and Security Agreement by
and among the Company, Compass, Revolution Health Group LLC and CarePages, Inc., dated as
of October 8, 2009.

     3. Upon its execution of a counterpart signature page to the Stockholder Rights Agreement, the
Lender shall become a party to the Stockholder Rights Agreement.

2

 

     4. This Second Amendment shall be governed by, and construed in accordance with, the law of
the State of New York without reference to choice of law principles, including all matters of
construction, validity and performance.

     5. This Second Amendment constitutes an amendment to the Stockholder Rights Agreement pursuant
to Section 6.6 of the Stockholder Rights Agreement. Except as expressly amended by this Second
Amendment, each and every provision of the Stockholder Rights Agreement remains in full force and
effect in accordance with the terms and provisions thereof and, by reference, the terms and
provisions of the Stockholder Rights Agreement are incorporated herein and made hereof.

[Remainder of Page Intentionally Left Blank]

3

 

     IN WITNESS WHEREOF, the parties hereto have executed this Second Amendment to the Fifth
Amended and Restated Stockholder Rights Agreement as of the date first above written.

	 	 	 	 	 
	 	COMPANY:

WATERFRONT MEDIA INC.

 	 
	 	By:  	/s/ Alan Shapiro
 	 
	 	 	Name:  	Alan Shapiro 	 
	 	 	Title:  	Senior Vice President and General Counsel 	 

 

 

	 	 	 	 	 	 	 
	 	 	INVESTORS:	 	 
	 
	 	 	 	 	 	 
	 	 	WF HOLDING COMPANY, LLC	 	 
	 
	 	 	 	 	 	 
	 

	 	By:

Name:
	 	/s/ John Richardson
 

John Richardson
	 	 
	 

	 	Title:
	 	Vice President and Secretary	 	 

 

 

	 	 	 	 	 	 	 
	 	 	INVESTORS:	 	 
	 
	 	 	 	 	 	 
	 	 	SCALE VENTURE PARTNERS II, LP	 	 
	 
	 	 	 	 	 	 
	 	 	By: Scale Venture Management II, LLC,

its General Partner	 	

	 
	 	 	 	 	 	 
	 

	 	By:

Name:
	 	/s/ Sharon Wienbar
 

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:  	 	 
	 	 	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:  	 	 
	 	 	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:  	 	 
	 	 	Name:  	Dr. Meir Barel 	 
	 	 	Title:  	Managing Director 	 
	 
	 	SVE STAR VENTURES ENTERPRISES GMBH & CO. NO. VIIa, KG

 	 
	 	By:  	SVM STAR VENTURES

MANAGEMENTGESELLSCHAFT mbH NR.3 — MANAGING LIMITED PARTNER
 	 
	 	By:  	 	 
	 	 	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:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 
	 	THE BERKSHIRES CAPITAL INVESTORS

    FUND II L.P.

 	 
	 	By:  	The Berkshires Management Company, LLC

its General Partner
 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 

 

 

	 	 	 	 	 	 	 
	 	 	INVESTORS:	 	 
	 
	 	 	 	 	 	 
	 	 	PEABODY FAMILY VENTURES	 	 
	 	 	By:  	 	William Bo S. Peabody, as General Partner
 	 	 
	 

	 	By:
	 	/s/ William Bo S. Peabody
 

By: Robert D. Kraus under POA dated 1/17/09
	 	 

 

 

	 	 	 	 	 
	 	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:  	 	 
	 	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:  	/s/ Bill Elmore
 	 
	 	Name:  	Bill Elmore	 
	 	Title:  	Manager	 
	 
	 	FOUNDATION CAPITAL V PRINCIPALS FUND, LLC

 	 
	 	By:  	Foundation Capital Management Co. V, LLC

 	 
	 	By:  	/s/ Bill Elmore
 	 
	 	Name:  	Bill Elmore	 
	 	Title:  	Manager	 

 

 

INVESTORS:

            
                      
                      
                        

Daniel Burstein

 

 

KEY HOLDERS:

            
                        
                                            

Michael Keriakos

           
                       
                       
                       

Benjamin Wolin

 

 

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

Its General Partner	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	Name:
	 	 

Marc Singer
	 	 
	 

	 	Title:
	 	Member	 	 

	 	 	/s/ Douglas W. McCormick	 	 
	 	 	 	 	 
	 	 	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

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"}]]