Document:

LTI Non-Qualified Stock Option Agreement

 Exhibit 10.5 
 LTI NON-QUALIFIED STOCK OPTION AGREEMENT 
 This NON-QUALIFIED STOCK OPTION AGREEMENT (this “Option Agreement”), dated as of September 4, 2007 (the “Grant Date”), is between ZEBRA TECHNOLOGIES CORPORATION, a
Delaware corporation (the “Company”), and ANDERS GUSTAFSSON (the “Participant”), relating to a non-qualified stock option granted under the 2006 Zebra Technologies Corporation Incentive Compensation Plan (the “Plan”).
Capitalized terms used in this Option Agreement without definition shall have the meanings ascribed to such terms in the Plan. 
  

	1.	 Grant of Option. 

  

	 	(a)	 Grant. Subject to the provisions of this Option Agreement and pursuant to the provisions of the Plan, the Company hereby grants to the Participant
as of the Grant Date a Non-Qualified Stock Option (the “Option”) to purchase 168,750 shares (the “Option Shares”) of the Company’s Class A Common Stock, $.01 par value per share (the “ Common Stock”), at a
price of $________ per share (the “Option Price”). 

  

	 	(b)	 Term of the Option. Unless the Option terminates earlier pursuant to other provisions of the Option Agreement, the Option shall expire on the tenth
anniversary of the Grant Date (the “Expiration Date”). 

  

	 	(c)	 Nontransferability. The Option shall be non-transferable, except by will or the laws of descent and distribution, or as otherwise permitted under
the Plan. 

  

	2.	 Vesting of Option. 

  

	 	(a)	 General Vesting Rule. Prior to the Expiration Date, the Option shall become and be exercisable as follows: 

 (i) twenty-five percent (25%) of the Option (rounded to the nearest whole Option Share) shall vest if at any time
during the period from the Grant Date and ending on the fifth (5th) anniversary of the Grant Date (the “Vesting Period”) the average of the
Total Shareholder Return (as hereinafter defined) measured over any forty-five (45) consecutive trading-days is at least sixty percent (60%); and 
 (ii) the final seventy-five percent (75%) of the Option (rounded to the nearest whole Option Share) shall vest if at any time during the Vesting Period the average of the Total Shareholder
Return measured over any forty-five (45) consecutive trading-days is at least one hundred percent (100%). 
 If the average of the Total
Shareholder Return measured over any forty-five consecutive trading-day period is between sixty percent (60%) and one hundred percent (100%), then the Participant shall vest in the Option Shares in the aggregate (which Vested Percentage shall
include the 25% reflected in subparagraph (i), above), as follows: 

			
	 Total Shareholder Return
	  	Vested Percentage
	 65% but less than 70%
	  	 28.8%

	 70% but less than 75%
	  	 33.4%

	 75% but less than 80%
	  	 39.3%

	 80% but less than 85%
	  	 46.8%

	 85% but less than 90%
	  	 56.2%

	 90% but less than 95%
	  	 68.4%

	 95% but less than 100%
	  	 83.8%

 Except as otherwise provided for under this Option Agreement or under the Employment Agreement
between the Company and the Participant effective as of September 4, 2007 (the “Employment Agreement”), the Participant must remain employed continuously through each applicable vesting date. Any portion of the Option which is
unvested at the expiration of the Vesting Period as a result of the failure to attain the required Total Shareholders Return shall be forfeited. 
 “Total Shareholder Return” shall equal (i) the fair market value of a share of the Company’s Common Stock as reported on The NASDAQ Stock Market as of the close of business on any particular date minus the Grant Date
Stock Price plus aggregate dividends paid on a share of the Company’s Common Stock since the effective date of the Participant’s employment agreement with the Company, divided by (ii) the Grant Date Stock Price. 
 The “Grant Date Stock Price” means the fair market value of a share of the Company’s Common Stock as reported on The NASDAQ Stock Market
as of the closing of such market on the Grant Date. 
 To prevent dilution or enlargement of the Total Shareholder Return, the Committee
shall make or authorize to be made an adjustment to the foregoing formula for Total Shareholder Return to prevent dilution or enlargement of the Total Shareholder Return, as a result of the following: (1) any adjustment, recapitalization,
reorganization or other changes in the Company’s capital structure or its business; (2) any merger or consolidation of the Company (other than a Change in Control); (3) any issuance of bonds, debentures, preferred or prior preference
stock ahead of or affecting the Company’s common stock or the rights thereof; (4) the dissolution or liquidation of the Company; (5) any sale or transfer of all or any part of the Company’s assets or business; or (6) any
other corporate act or proceeding, whether of a similar character or otherwise. 
  

	 	(b)	 Death or Disability. In the event the Participant’s employment with the Company and/or any Subsidiary is terminated due to death or
Disability, any unexercised, vested Option Shares as of the date of Participant’s termination of employment shall remain exercisable until the earlier of: 

  

	 	(i)	 the Expiration Date; or 

  

	 	(ii)	 one (1) year after the date of the Participant’s termination of employment due to death or Disability. 

 In the event of the Participant’s death, the Participant’s beneficiary or
estate may exercise the vested Option Shares. 
  

	 	(c)	 Termination for Cause. In the event the Participant’s employment with the Company and/or any Subsidiary is terminated for Cause, all unvested
Option Shares and all unexercised, vested Option Shares shall expire immediately, be forfeited and considered null and void. “Cause” shall have the meaning assigned to it in the Participant’s Employment Agreement.

  

	 	(d)	 Other Termination of Employment. Except as provided in Section 2(e), in the event the Participant’s employment with the Company and/or
any Subsidiary is terminated for any reason other than as provided in Section 2(b) or (c) hereof, any unexercised, vested Option Shares as of the date of Participant’s termination of employment shall remain exercisable until the
earlier of: 

  

	 	(i)	 the Expiration Date; 

  

	 	(ii)	 ninety (90) days after the date of the Participant’s involuntary (as to the Participant) termination of employment for reasons other than death,
Disability or Cause; or 

  

	 	(iii)	 thirty (30) days after the date of the Participant’s voluntary termination of employment. 

  

	 	(e)	 Change in Control Termination of Employment. Subject to the provisions of Section 15 of the Plan, in the event a Change in Control occurs
during the Vesting Period and the Participant’s employment is terminated by the Company and/or any Subsidiary without Cause or is terminated by the Participant for Good Reason during the period beginning 120 days before and ending one
(1) year after such Change in Control, any Option Shares which are unvested as of the date of the Change in Control shall be accelerated upon such a termination of employment and shall vest as follows: 

  

					
	 Date of Change in Control
	 	  	  	 Percentage of Unvested That Vest

	 Prior to the First Anniversary of
 the Effective Date
	 		  	100%
			
	 On or after the First Anniversary of
 the Effective Date, but prior to
 the Second Anniversary of the
 Effective Date
	 		  	80%
			
	 On or after the Second Anniversary of
 the Effective Date, but prior to
 the Third Anniversary of the
 Effective Date
	 		  	60%

			
	 On or after the Third Anniversary of
 the Effective Date, but prior to
 the Fourth Anniversary of the
 Effective Date
	  	40%
		
	 On or after the Fourth Anniversary of
 the Effective Date, but prior to
 the Fifth Anniversary of the
 Effective Date
	  	20%

 “Good Reason” shall have the meaning assigned to it in the Employment
Agreement. 
  

	3.	 Exercise of Option. 

  

	 	(a)	 Manner of Exercise. The vested Option Shares may be exercised, in whole or in part, by delivering written notice to the Company in accordance with
Section 7(k) hereof and in such form as the Company may require from time to time. Such notice of exercise shall: 

  

	 	(i)	 specify the number of Option Shares to be purchased; 

  

	 	(ii)	 specify the aggregate Option Price for such Option Shares; and 

  

	 	(iii)	 be accompanied by payment in full of such aggregate Option Price. 

  

	 	(b)	 Payment Upon Exercise. The Option Price upon exercise of any Option Shares shall be payable to the Company in full either:

  

	 	(i)	 in cash or its equivalent; 

  

	 	(ii)	 by tendering previously acquired Common Stock that has been held for at least six months (or such longer period to avoid a charge to earnings for financial
reporting purposes) and having an aggregate Fair Market Value at the time of exercise equal to the total Option Price, or 

  

	 	(iii)	 a combination of Sections 3(b)(i) and (ii) hereof. 

 In addition, payment of the Option Price may be payable by one or more of the following methods either upon written consent from the Committee or if one or more of the following methods will not
result in a charge to earnings for financial reporting purposes: 
  

	 	(iv)	 by withholding Common Stock that otherwise would be acquired on exercise having an aggregate Fair Market Value at the time of exercise equal to the total Option
Price; 

  

	 	(v)	 by tendering other Awards payable under the Plan; 

  

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	 	(vi)	 by cashless exercise through delivery of irrevocable instructions to a broker to promptly deliver to the Company the amount of proceeds from a sale of shares
having a Fair Market Value equal to the purchase price; or 

  

	 	(vii)	 any combination of Sections 3(b)(i)-(vi) upon written consent of the Committee. 

  

	 	(c)	 Compliance with Federal and State Law. The Company reserves the right to delay a Participant’s exercise of an Option if (i) the
Company’s issuance of Common Stock upon such exercise would violate any applicable federal or state securities laws or any other applicable laws or regulations, or (2) the Company reasonably determines that issuance of Stock would not be
deductible under Code Section 162(m). The Participant may not sell or otherwise dispose of the Option Shares in violation of any applicable law. The Company may postpone issuing and delivering any Option Shares for so long as the Company
reasonably determines to be necessary to satisfy the following: 

  

	 	(i)	 its completing or amending any securities registration or qualification of the Option Shares or it or the Participant satisfying any exemption from registration
under any federal or state law, rule or regulation; 

  

	 	(ii)	 its receiving proof it considers satisfactory that a person seeking to exercise the Option after the Participant’s death is entitled to do so;

  

	 	(iii)	 the Participant complying with any requests for representations under the Plan; and 

  

	 	(iv)	 the Participant complying with any federal, state or local tax withholding obligations. 

  

	 	(d)	 No Fractions of Common Stock. The Company shall not be required to issue any fractional shares of Common Stock. 

  

	4.	 Payment of Taxes. If the Company is obligated to withhold an amount on account of any tax imposed as a result of the exercise of an Option, the
Participant shall be required to pay such amount to the Company, as provided under Section 17 of the Plan. The Participant acknowledges and agrees that the Participant is responsible for the tax consequences associated with the grant of the
Option and its exercise. 

  

	5.	 Confidentiality, Non-Solicitation and Non-Compete. Participant agrees to, understands and acknowledges the following: 

 

	 	(a)	 Confidential Information. Participant will be furnished, use or otherwise have access to certain Confidential Information of the Company. For
purposes of this Option Agreement, Confidential Information means any and all financial, technical, commercial or other information concerning the business and affairs of the Company that is confidential and proprietary to the Company, including
without limitation, 

	 	(i)	 information relating to the Company’s past and existing customers and vendors and development of prospective customers and vendors, including specific
customer product requirements, pricing arrangements, payment terms, customer lists and other similar information; 

  

	 	(ii)	 inventions, designs, methods, discoveries, works of authorship, creations, improvements or ideas developed or otherwise produced, acquired or used by the
Company; 

  

	 	(iii)	 the Company’s proprietary programs, processes or software, consisting of, but not limited to, computer programs in source or object code and all related
documentation and training materials, including all upgrades, updates, improvements, derivatives and modifications thereof and including programs and documentation in incomplete stages of design or research and development;

  

	 	(iv)	 the subject matter of the Company’s patents, design patents, copyrights, trade secrets, trademarks, service marks, trade names, trade dress, manuals,
operating instructions, training materials, and other industrial property, including such information in incomplete stages of design or research and development; and 

  

	 	(v)	 other confidential and proprietary information or documents relating to the Company’s products, business and marketing plans and techniques, sales and
distribution networks and any other information or documents which the Company reasonably regards as being confidential. 

 The Company devotes significant financial, human and other resources to the development of its products, its customer base and the general goodwill associated with its business, and the Company diligently maintains
the secrecy and confidentiality of its Confidential Information. Each and every component of the Confidential Information is sufficiently secret to derive economic value from its not being generally known to other persons. While employed by the
Company and thereafter, Participant will hold in the strictest confidence and not use in any manner which is detrimental to the Company or disclose to any individual or entity any Confidential Information, except as may be required by the Company in
connection with Participant’s employment. 
 All Company Materials are and will be the sole property of the Company.
Participant agrees that during and after his or her employment by the Company, Participant will not remove any Company Materials from the business premises of the Company or deliver any Company Materials to any person or entity outside the Company,
except as Participant is required to do so in connection with performing the duties of his or her employment. Participant further agrees that, immediately upon the termination of his or her employment for any reason, or during Participant’s
employment if so requested by the Company, Participant will return all Company Materials and other physical property, and any reproduction 

 
thereof, excepting only Participant’s copy of this Agreement. For purposes of this Option Agreement, Company Materials means documents or other media or
tangible items that contain or embody Confidential Information or any other information concerning the business, operations or future/strategic plans of the Company, whether such documents have been prepared by Participant or by others. 

 

	 	(b)	 Non-Solicitation and Non-Compete. For the period beginning on the date hereof and ending twenty-four (24) months following the termination of
employment with the Company, Participant will not directly or indirectly: 

  

	 	(i)	 employ, recruit or solicit for employment any person who is (or was within the six (6) months prior to Participant’s employment termination date) an
employee of the Company; 

  

	 	(ii)	 accept employment or engage in a competing business which may require contact, solicitation, interference or diverting of any of the Company’s customers, or
that may result in the disclosure, divulging, or other use, of Confidential Information or Company Materials acquired during Participant’s employment with the Company; or 

  

	 	(iii)	 solicit or encourage any customer, vendor or potential customer or vendor of the Company with whom Participant had contact while employed by the Company to
terminate or otherwise alter his, her or its relationship with the Company. Participant understands that any person or entity that Participant contacted during the twelve (12) months prior to the date of Participant’s termination of
employment for the purpose of soliciting sales from such person or entity shall be regarded as a “potential customer” of the Company to whom the Company has a protectible proprietary interest. 

  

	 	(c)	 Remedies for Violation. 

  

	 	(i)	 Injunctive Action. Participant acknowledges that if he or she violates the terms of this Section 6, the injury that would be suffered by the
Company as a result of a breach of the provisions of this Option Agreement (including any provision of Section 6(a) or (b) hereof) would be irreparable and that an award of monetary damages to the Company for such a breach would be an
inadequate remedy. Consequently, the Company will have the right, in addition to any other rights it may have, to obtain injunctive relief to restrain any breach or threatened breach or otherwise to specifically enforce any provision of this Option
Agreement, and the Company will not be obligated to post bond or other security in seeking such relief. Without limiting the Company’s rights under this Section 6(c) (or Sections 6(a) or (b) hereof) or any other remedies of the
Company, if the Participant breaches any of the provisions of Sections 6(a) or (b) hereof, the Company will have the right to cease making any payments otherwise due to the Participant under this Option Agreement. 

	 	(ii)	 Forfeiture of the Option and Repayment. In addition to the rights available to the Company under Section 6(c)(i) hereof, if Participant
violates the terms of this Section 6 at any time, Participant, without any further action by the Company or Participant, shall forfeit, as of the first day of any such violation, all right, title and interest to this Option, any Option Shares
then owned by Participant and any net proceeds received by Participant pursuant to any sales or transfer of any Option Shares prior to, on or after such date, and the Company shall have the right to issue a stop transfer order and other appropriate
instructions to its transfer agent with respect to this Option and the Option Shares, and the Company further shall be entitled to reimbursement from Participant of any fees and expenses (including attorneys’ fees) incurred by or on behalf of
the Company in enforcing the Company’s rights under this Section 6. By accepting this Option grant, Participant hereby consents to a deduction from any amounts the Company owes to Participant from time to time (including amounts owed to
Participant as wages or other compensation, fringe benefits or vacation pay, as well as any other amounts owed to Participant by the Company), to the extent of any amounts that Participant owes the Company under this Section 6. In addition to
any injunctive relief sought under Section 6(c)(i) hereof and whether or not the Company elects to make any set-off in whole or in part, if the Company does not recover by means of set-off the full amount Participant owes to the Company,
calculated as set forth in this Section 6(c)(ii), Participant agrees to immediately pay the unpaid balance to the Company. 

  

	 	(d)	 Enforceability of Restrictive Covenants. The scope and duration of the restrictive covenants contained in this Option Agreement are reasonable and
necessary to protect a legitimate, protectible interest of the Company. However, if one or more provisions of this Option Agreement are held to be unenforceable under applicable law to any extent, such provision(s) shall, to that extent, be excluded
from this Option Agreement and the balance of the Option Agreement shall be interpreted as if such provision(s) were so excluded to that extent and shall be enforceable in accordance with its terms. 

  

	 	(e)	 Written Acknowledgement by Participant. The Committee, in its sole discretion, may require the Participant, as a condition to the exercise of this
Option, to acknowledge in writing that he or she has not engaged, and is not in the process of engaging, in any of the activities described in this Section 6. 

  

	6.	 Miscellaneous Provisions. 

  

	 	(a)	 No Service or Employment Rights. No provision of this Option Agreement or of the Option granted hereunder shall give the Participant any right to
continue in the service or employ of the Company or any Subsidiary, create any inference as to the length of employment or service of the Participant, affect the right of the Company or any Subsidiary to terminate the employment or service of the
Participant, with or without Cause, or give the Participant any right to participate 

  

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in any employee welfare or benefit plan or other program (other than the Plan) of the Company or any Subsidiary. 

  

	 	(b)	 Stockholder Rights. Until the Option shall have been duly exercised to purchase such Option Shares and such shares have been officially recorded as
issued on the Company’s official stockholder records, no person or entity shall be entitled to vote, receive dividends or be deemed for any purpose the holder of any Option Shares, and adjustments for dividends or otherwise shall be made only
if the record date therefor is subsequent to the date such shares are recorded and after the date of exercise and without duplication of any adjustment. 

  

	 	(c)	 Plan Document Governs. The Option is granted pursuant to the Plan, and the Option and this Option Agreement are in all respects governed by the
Plan and subject to all of the terms and provisions thereof, whether such terms and provisions are incorporated in this Option Agreement by reference or are expressly cited. Capitalized terms used but not defined herein shall have the meanings
ascribed to such terms in the Plan. Any inconsistency between the Option Agreement and the Plan shall be resolved in favor of the Plan. Participant hereby acknowledges receipt of a copy of the Plan. 

  

	 	(d)	 Investment Representation and Agreement. The Committee may require the Participant to furnish to the Company, prior to the issuance of any shares
of Common Stock upon the exercise of all or any part of this Option, an agreement (in such form as the Committee may specify) in which the Participant represents that the shares of Common Stock acquired by him or her upon exercise are being acquired
for investment and not with a view to the sale or distribution thereof. 

  

	 	(e)	 Beneficiary Designation. The Participant may, from time to time, in accordance with procedures set forth by the Committee, name any beneficiary or
beneficiaries (who may be named contingently or successively) to whom any benefit under this Option Agreement is to be paid in case of his or her death before he or she receives any or all of such benefit. Each such designation shall revoke all
prior designations by the Participant, shall be in a form prescribed by the Company, and will be effective only when filed by the Participant in writing with the Committee during the Participant’s lifetime. In the absence of any such
designation, benefits remaining unpaid at the Participant’s death shall be paid to the Participant’s estate or exercised by the Participant’s estate. 

  

	 	(f)	 Administration. This Option Agreement and the rights of the Participant hereunder are subject to all the terms and conditions of the Plan, as the
same may be amended from time to time, as well as to such rules and regulations as the Committee may adopt for administration of the Plan. It is expressly understood that the Committee is authorized to administer, construe, and make all
determinations necessary or appropriate to the administration of the Plan and this Option Agreement, all of which shall be binding upon the Participant. 

  

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	 	(g)	 No Vested Right In Future Awards. Participant acknowledges and agrees (by executing this Option Agreement) that the granting of Options under this
Option Agreement are made on a fully discretionary basis by the Company and that this Option Agreement does not lead to a vested right to further Option awards in the future. 

  

	 	(h)	 Use Of Personal Data. By executing this Option Agreement, Participant acknowledges and agrees to the collection, use, processing and transfer of
certain personal data, including his or her name, salary, nationality, job title, position, and details of all past Awards and current Awards outstanding under the Plan (“Data”), for the purpose of managing and administering the Plan. The
Participant is not obliged to consent to such collection, use, processing and transfer of Data, but a refusal to provide such consent may affect his or her ability to participate in the Plan. The Company, or its Subsidiaries, may transfer Data among
themselves or to third parties as necessary for the purpose of implementation, administration and management of the Plan. These various recipients of Data may be located elsewhere throughout the world. The Participant authorizes these various
recipients of Data to receive, possess, use, retain and transfer the Data, in electronic or other form, for the purposes of implementing, administering and managing the Plan. The Participant may, at any time, review Data with respect to the
Participant and require any necessary amendments to such Data. The Participant may withdraw his or her consent to use Data herein by notifying the Company in writing; however, the Participant understands that by withdrawing his or her consent to use
Data, the Participant may affect his or her ability to participate in the Plan. 

  

	 	(i)	 Severability. In the event that any provision of this Option Agreement shall be held illegal or invalid for any reason, the illegality or
invalidity shall not affect the remaining parts of this Option Agreement, and this Option Agreement shall be construed and enforced as if the illegal or invalid provision had not been included. 

  

	 	(j)	 Waiver; Cumulative Rights. The failure or delay of either party to require performance by the other party of any provision hereof shall not affect
its right to require performance of such provision unless and until such performance has been waived in writing. Each and every right hereunder is cumulative and may be exercised in part or in whole from time to time. 

 

	 	(k)	 Notices. Any notice which either party hereto may be required or permitted to give the other shall be in writing and may be delivered personally or
by mail, postage prepaid, addressed to the Secretary of the Company, at its then corporate headquarters, and the Participant at the Participant’s address as shown on the Company’s records, or to such other address as the Participant, by
notice to the Company, may designate in writing from time to time. 

  

	 	(l)	 Counterparts. This Option Agreement may be signed in two counterparts, each of which shall be an original, but both of which shall constitute but
one and the same instrument. 

  

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	 	(m)	 Successors and Assigns. This Option Agreement shall inure to the benefit of and be binding upon each successor and assign of the Company. All
obligations imposed upon the Participant, and all rights granted to the Company hereunder, shall be binding upon the Participant’s heirs, legal representatives and successors. 

  

	 	(n)	 Governing Law. This Option Agreement and the Option granted hereunder shall be governed by, and construed and enforced in accordance with, the laws
of the State of Delaware, without giving effect to provisions thereof regarding conflict of laws. 

  

	 	(o)	 Entire Agreement. This Option Agreement, together with the Plan, constitute the entire obligation of the parties hereto with respect to the subject
matter hereof and shall supersede any prior expressions of intent or understanding with respect to this transaction. 

  

	 	(p)	 Amendment. Any amendment to this Option Agreement shall be in writing and signed by the Company and the Participant. 

 

	 	(q)	 Headings and Construction. The headings contained in this Option Agreement are for reference purposes only and shall not affect the meaning or
interpretation of this Option Agreement. This Option Agreement is intended to be a stock right excluded from the requirements of Code Section 409A. The terms of this Option Agreement shall be administered and construed in a manner consistent
with the intent that it be a stock right excluded from the requirements of Code Section 409A. 

 IN
WITNESS WHEREOF, the Company has caused this Option Agreement to be duly executed by an officer thereunto duly authorized, and the Participant has hereunto set his or her hand, all as of the day and year first above written. 
  

									
	ZEBRA TECHNOLOGIES CORPORATION	 		 		 	Participant
					
	By:	 	/s/ Noel Elfant	 		 		 	/s/ Anders Gustafsson
	Name:	 	Noel Elfant	 		 		 	Name: Anders Gustafsson
	Title:	 	VP, General Counsel and SecretaryNote and Warrant Purchase Agreement

 Exhibit 10.1 
 NOTE AND WARRANT PURCHASE AGREEMENT 
 THIS AGREEMENT is made as of August 31, 2007 by and
between EDIETS.COM, INC., a Delaware corporation (the “Company”) and the entity listed on the signature page hereof as purchaser (the “Purchaser”). Except as otherwise indicated herein, capitalized terms used herein are defined
in Section 7 hereof. 
 W I T N E S S E T H 
 WHEREAS, the Company requires additional financing in order to carry on and expand its business; and 
 WHEREAS, the Purchaser is willing to provide certain debt financing to the Company on the terms contained or referred to herein. 
 NOW, THEREFORE, in consideration of the foregoing premises, the mutual covenants, agreements, representations and warranties hereinafter set forth and for other good and valuable consideration, the receipt and adequacy of which is hereby
acknowledged, the parties hereto agree as follows: 
  

	1.	Authorization and Closing. 

 1.1 Authorization of
Notes and Warrant. The Company has authorized (i) the issuance and sale of $10,000,000 aggregate principal amount of its 15% Senior Secured Notes due August 31, 2010 (individually, a “Note” and collectively, the
“Notes”), substantially in the form set out in Exhibit A and (ii) the issuance to the Purchaser (or its designee) of a Warrant to purchase Company’s Common Stock, containing the terms and conditions and in the form attached
hereto as Exhibit B (the “Warrant”). 
 1.2 Purchase and Sale of the Notes and Warrant. At the Closing (as defined in
Section 1.3 below), (i) the Company shall issue to the Purchaser and, subject to the terms and conditions set forth herein, the Purchaser shall purchase from the Company, a Note in the aggregate principal amount of $10,000,000 in exchange
for such amount from the Purchaser and (ii) the Company shall issue to the Purchaser (or its designee) the Warrant to purchase One Million shares of Common Stock. 
 1.3 Closing. The closing of the purchase and sale of the Notes and Warrant (the “Closing”) shall take place on August 31, 2007 (the “Closing Date”). The Closing shall take place at the
offices of Edwards Angell Palmer & Dodge LLP, or at such other place as may be mutually agreeable to the Company and the Purchaser. At the Closing, upon payment by the Purchaser of the aggregate amount of $10,000,000 by wire transfer of
immediately available funds to an account or accounts designated by the Company, the Company shall deliver to the Purchaser a Note and shall deliver to the Purchaser (or its designee) the Warrant. 

	2.	Conditions of Purchaser’s Obligation at the Closing. 

 The obligation of the Purchaser to purchase and pay for the Note and the Warrant at the Closing is subject to the satisfaction as of the Closing of the following conditions: 
 2.1 Representations and Warranties; Material Adverse Change. The representations and warranties contained in Section 5 hereof shall be true
and correct at and as of the Closing as though then made, and the Company shall have performed all of the covenants required to be performed by it hereunder prior to the Closing. Since December 31, 2006, there has not been a material adverse
change in the financial condition, business, operations, performance or properties of the Company and its Subsidiaries, taken as a whole. 
 2.2 Documents. The Note Parties shall have entered into the respective Note Documents. 
 2.3 Transaction Fee. The
Company shall have paid a transaction fee equal to $175,000 to the Purchaser (or its designee). 
 2.4 Ticking Fee. The Company shall
have paid to the Purchaser a ticking fee, from August 14, 2007 to the Closing, at the rate of 0.50% per annum (computed on the basis of a 360-day year for the actual number of days in such period) on the principal amount of the Note.

 2.5 Other Fees and Expenses. The Company shall have paid the Purchaser’s reasonable out-of-pocket expenses (including fees and
expenses of counsel) arising out of or in connection with the transactions contemplated hereby; provided, however that the Company shall have no obligation to pay, and shall not pay, the Purchaser more than $25,000 for such fees and expenses.

 2.6 Legal Opinion. The Purchaser shall have received an opinion in form and substance satisfactory to the Purchaser, dated the date
of the Closing from Edwards Angell Palmer & Dodge LLP, counsel for the Company, covering such matters incident to the transactions contemplated by the Note Documents as the Purchaser or its counsel may reasonably request. 
 2.7 Certified Corporate Resolutions. The Purchaser shall have received a certificate of the Secretary or Assistant Secretary of each Note Party,
dated the date of the Closing, certifying as to the resolutions attached thereto and other corporate proceedings relating to the authorization, execution and delivery of the Note, this Agreement and the other Note Documents, respectively.

  

	3.	Affirmative Covenants. 

 For so long as any Note is
outstanding, except as otherwise consented to or waived by the Majority Holders, the Company will do the following and will cause each of its Subsidiaries to do the following (unless the context otherwise requires): 
 3.1 Preserve and maintain its corporate existence, legal structure, rights, franchises and privileges in the jurisdiction of its incorporation, and shall
not (i) change the location of its chief executive office or any other place of business, or the location of any Collateral, (ii) change its name or mailing address, or (iii) conduct its business operations under any fictitious
business name or trade name, without, in the case of this clause (iii), at least thirty (30) days’ prior written notice to the Purchaser. 
  

 - 2 - 

 3.2 Preserve and maintain its business and all licenses and other rights necessary to the conduct of its
business and comply in all material respects with all applicable laws, rules, regulations and orders of any governmental authority applicable to its business. 
 3.3 File all tax returns required to be filed in any jurisdiction and to pay and discharge all taxes shown to be due and payable on such returns and all other taxes, assessments, governmental charges, or levies
imposed on them or any of their properties, assets, income or franchises, to the extent the same have become due and payable and before they have become delinquent and all claims for which sums have become due and payable that have or might become a
lien or other encumbrance on properties or assets of the Company or any Subsidiary; provided that neither the Company nor any Subsidiary need pay any such tax, assessment, charge, levy or claim if (i) the amount, applicability or validity
thereof is contested by the Company or such Subsidiary on a timely basis in good faith and in appropriate proceedings, and the Company or a Subsidiary has established adequate reserves therefor in accordance with generally accepted accounting
principles in the United States, consistently applied, on the books of the Company or such Subsidiary and (ii) the nonpayment of any such tax, assessment, charge, levy or claim has not resulted in any lien on the property of the Company or such
Subsidiary, as the case may be. 
 3.4 Maintain insurance with financially sound and reputable insurance companies or associations in such
amounts and covering such risks as the Company reasonably deems appropriate. 
 3.5 Furnish to each Holder of not less than $1,000,000 of
principal amount of the Notes (a) as soon as available and in any event within 50 days after the end of each of the first three fiscal quarters of each Fiscal Year, a copy of its quarterly financial statements for each such fiscal quarter,
(b) as soon as available and in any event within 95 days after the end of each Fiscal Year, a copy of its annual audit report for such Fiscal Year and (c) such other financial information relating to the Company and its Subsidiaries as the
Holder may reasonably request from time to time; provided, however, that the financial statements to be delivered by the Company pursuant to clauses (a) and (b) above shall be deemed to have been delivered on the date on which such reports
containing such financial statements are posted on the Securities Exchange Commissions’ website on the internet at “www.sec.gov”. 
 3.6 Promptly notify the Holders of the occurrence of any Event of Default under the Notes. 
 3.7 Maintain proper books of record
and account, in which full, true and correct entries in conformity with its existing business practice shall be made of all financial transactions and matters involving its assets and business. 
  

 - 3 - 

 3.8 Permit representatives of the Holders to visit and inspect any of its properties, to examine its
corporate, financial and operating records, and make copies thereof or abstracts therefrom, and to discuss its affairs, finances and accounts with its directors, officers, and independent public accountants, at such reasonable times during normal
business hours and as often as may be reasonably desired, upon reasonable advance written notice to the Company; provided, however, that when an Event of Default exists, the Holders (or any of their respective representatives) may do any of the
foregoing at any time during normal business hours and without advance written notice. 
 3.9 Promptly (a) notify the Holders upon the
formation or acquisition of any Subsidiary of the Company and (b) upon the reasonable request by any Holder, (i) correct any material defect or error that may be discovered in any Note Document or in the execution, acknowledgment, filing
or recordation thereof, and (ii) do, execute, acknowledge, deliver, record, re-record, file, re-file, register and re-register any and all such further deeds, certificates, assurances and other instruments as the Holders may reasonably require
from time to time in order to (A) carry out more effectively the purposes of the Note Documents, (B) to the fullest extent permitted by applicable law, subject the Company’s or the Subsidiaries’ properties, assets, rights or
interests to the liens covered by the Security Agreement, (C) perfect and maintain the validity, effectiveness and priority of the Security Agreement and any of the liens created thereunder and (D) assure, convey, grant, assign, transfer,
preserve, protect and confirm more effectively unto the Holders the rights granted to the Holders under any Note Document or under any other instrument executed in connection with any Note Document to which the Holders are a party, and cause each of
the Subsidiaries to do so; and cause each domestic Subsidiary (formed or acquired after the date hereof) to be a party to the Guaranty and the Security Agreement. 
 3.10 File all reports required to be filed with the SEC by the due date thereof. 
 3.11 In the event the
Notes are held by more than one Person, enter into an amendment of the Security Agreement and the Guaranty, as reasonably requested by the Holders, to provide for, among other things, the appointment of an agent to act on behalf of the Holders and
other customary provisions relating to such appointment. 
 3.12 Not later than 15 Business Days following the Closing Date or such later
date as the Purchaser may determine in its sole discretion, deliver a control agreement in respect of deposit and securities accounts maintained by the Note Parties at Wachovia Bank, National Association, as required by Section 5 of the
Security Agreement. 
  

	4.	Negative Covenants. 

 Except as otherwise consented
to or waived by the Majority Holders, the Company will not (and will not permit any of its Subsidiaries to), for so long as any amount due under any Note is outstanding: 
 4.1 Declare or pay any dividends on any capital stock, purchase, redeem, retire or otherwise acquire for value any of its capital stock (except for shares of Common Stock repurchased from current or former employees,
consultants, or directors upon termination of service in accordance with plans approved by the Board), or otherwise make any distribution or payment to any holder of its capital stock in respect of such capital stock. 
  

 - 4 - 

 4.2 Enter into any transaction with any person or entity that is affiliated with, controls or is
controlled by, the Company, except for transactions in the ordinary course of business and on terms not less favorable to the Company than it would obtain in a transaction between unrelated parties. 
 4.3 Authorize, create, designate, establish or issue any other class or series of capital stock ranking senior to the Common Stock as to dividends or
upon liquidation, or reclassify any shares of Common Stock into shares having any preference or priority as to dividends or upon liquidation superior to any such preference or priority of Common Stock. 
 4.4 Sell or otherwise dispose of any assets or any interest therein except in the ordinary course of business or to a Note Party. 
 4.5 Except for liens as provided in the Security Agreement or liens permitted hereunder including any capital leases permitted hereunder and covering
only the property subject to the respective capital lease, create, incur, assume or suffer to exist any lien, mortgage, security interest or other encumbrance on any of its properties or assets, or assign or otherwise convey any right to receive
income, other than liens for taxes, assessments, governmental charges and levies if the same shall not at the time be delinquent, liens imposed by law, such as carriers’, warehousemen’s, mechanic’s and similar liens arising in the
ordinary course of business, liens securing the performance of bids, tenders, contracts, statutory obligations and surety bonds, and zoning restrictions, easements and similar encumbrances on real property. 
 4.6 Amend, alter or repeal its certificate of incorporation, bylaws or other constitutive documents in any manner adverse to the Holders, as debtholders
under the Notes. 
 4.7 Create, incur, assume or suffer to exist any indebtedness, including without limitation, through any sale-leaseback
or similar transaction or any guarantees of indebtedness of other Persons, except for indebtedness incurred (a) pursuant to the Notes, (b) pursuant to the contract dated June 21, 2007 with California First Leasing Corporation,
(c) pursuant to capital leases; provided that the aggregate principal component of such leases does not exceed $2,000,000 and (d) indebtedness in an aggregate principal amount not in excess of $250,000 incurred in the ordinary course of
business. 
 4.8 Make or hold any investments, including without limitation, any advances or loans, except investments in existence as of the
date hereof and those investments made in the ordinary course of business in an aggregate amount not exceeding $250,000. 
 4.9 Merge,
dissolve, liquidate, consolidate with or into any entity, except that any of the Company’s Subsidiaries may merge into the Company or another Note Party, or dispose of (whether in one transaction or in a series of transactions) all or
substantially all of its assets (whether now owned or hereafter acquired) to or in favor of any entity other than any of the Company’s Subsidiaries may transfer its assets to the Company or another Note Party. 
  

 - 5 - 

 4.10 Prepay, redeem, purchase, defease or otherwise satisfy prior to the scheduled maturity thereof in
any manner any indebtedness (other than indebtedness incurred in the ordinary course of business permitted hereunder), except (a) the prepayment of any indebtedness incurred under the Notes, (b) the prepayment of any amounts owed pursuant
to the capital lease dated June 21, 2007 with California First Leasing Corporation and (c) the prepayment of any capital leases permitted hereunder. 
 4.11 Make any change in (a) its accounting policies or reporting practices, or (b) Fiscal Year. 
 4.12 Engage in any material line of business substantially different from those lines of business conducted by the Company and its Subsidiaries on the date hereof or any business substantially related or incidental thereto. 
 4.13 Enter into or suffer to exist any arrangement prohibiting or conditioning the creation or assumption of any liens upon its properties in favor of
any entity other than the Holders, except as provided in capital leases permitted hereunder in respect of the property subject to the respective capital lease. 
 4.14 Enter into or suffer to exist any arrangement limiting the ability of any of the Company’s Subsidiaries to declare or pay dividends or make other distributions in respect of capital stock or to repay
indebtedness owed to, make loans to, or otherwise transfer assets to the Company or any Note Party. 
  

	5.	Representations and Warranties of the Company. 

 Except as otherwise described in (a) the Company’s Annual Report on Form 10-K for the year ended December 31, 2006, the Company’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2007 or any of the
Company’s Current Reports on Form 8-K filed prior to the date hereof (collectively, the “SEC Reports”) or (b) the Disclosure Schedules, the Company hereby represents and warrants to the Holders as of the date hereof and the
Closing Date, as follows: 
 5.1 Each Note Party is duly incorporated and validly existing in good standing under the laws of its jurisdiction
of organization. Each Note Party has full power and authority to own, operate and occupy its properties and to conduct its business as presently conducted and is registered or qualified to do business and in good standing in each jurisdiction in
which it owns or leases property or transacts business and where the failure to be so qualified would have a material adverse effect upon the Company and its Subsidiaries as a whole or the business, financial condition, prospects, properties,
operations or assets of the Company and its Subsidiaries as a whole or the Company’s ability to perform its obligations under the Agreements in all material respects, and no proceeding has been instituted in any such jurisdiction revoking,
limiting or curtailing, or seeking to revoke, limit or curtail, such power and authority or qualification. The Company has no “subsidiaries” (as defined in Rule 405 under the Securities Act of 1933, as amended), other than eDiets, Inc.,
eDiets B.V.I., Inc., Nutrio.com, Inc. and eDiets, Europe Limited. 
  

 - 6 - 

 5.2 Each Note Party has all requisite power and authority to execute, deliver and perform its obligations
under each Note Document to which it is a party. The execution and delivery of each Note Document, and the consummation of the transactions contemplated thereby, have been duly authorized by all necessary corporate action and no further action on
the part of the respective Note Party or its Board or shareholders is required. Each Note Document has been validly executed and delivered by the respective Note Party and constitutes a legal, valid and binding obligation of such Note Party
enforceable against such Note Party in accordance with its terms, except to the extent (i) such enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or similar laws affecting creditors’ and
contracting parties’ rights generally and (ii) such enforceability may be subject to general principles of equity (regardless of whether such enforceability is considered in a proceeding in equity or at law). 
 5.3 The execution and delivery of each Note Document, the fulfillment of the terms of each Note Document and the consummation of the other transactions
contemplated thereby will not (A) result in a conflict with, give rise to any payment or constitute a violation of, or default (with the passage of time or otherwise) under, (i) any bond, debenture, note or other evidence of indebtedness,
or any material lease, contract, indenture, mortgage, deed of trust, loan agreement, joint venture or other agreement or instrument to which the Company or any Subsidiary is a party or by which the Company or the Subsidiaries or their respective
properties are bound, (ii) the Certificate of Incorporation, by-laws or other organizational documents of the respective Note Party, as amended, or (iii) any law, administrative regulation, ordinance or order of any court or governmental
agency, arbitration panel or authority binding upon the Company or any Subsidiary or their respective properties or (B) result in the creation or imposition of any lien, encumbrance, claim, security interest or restriction whatsoever upon any
of the material properties or assets of the Company or the Subsidiaries or an acceleration of indebtedness pursuant to any obligation, agreement or condition contained in any material bond, debenture, note or any other evidence of indebtedness or
any material indenture, mortgage, deed of trust or any other agreement or instrument to which the Company or any Subsidiary is a party or by which it is bound or to which any of the property or assets of the Company is subject. No consent, approval,
authorization or other order of, or registration, qualification or filing with, any regulatory body, administrative agency, or other governmental body is required for the execution and delivery of any Note Document by the respective Note Party,
other than such as have been made or obtained, and except for any filings required to be made under federal or state securities laws and exchange listing rules and requirements. 
  

	6.	Registration, Exchange, Substitution of Notes. 

 6.1
The Company shall keep at its principal executive office a register for the registration and registration of transfers of Notes. The name and address of each Holder, each transfer thereof and the name and address of each transferee of one or more
Notes shall be registered in such register. Prior to due presentment for registration of transfer, the Person in whose name any Note shall be registered shall be deemed and treated as the owner and holder thereof for all purposes hereof. 

 

 - 7 - 

 6.2 Upon surrender of any Note to the Company at the address and to the attention of the designated
officer (all as specified in Section 8.7(b)), for registration of transfer or exchange (and in the case of a surrender for registration of transfer accompanied by a written instrument of transfer duly executed by the Holder of such Note or such
Holder’s attorney duly authorized in writing and accompanied by the relevant name, address and other information for notices of each transferee of such Note or part thereof), within ten days thereafter, the Company shall execute and deliver, at
the Company’s expense (except as provided below), one or more new Notes (as requested by the holder thereof) in exchange therefor, in an aggregate principal amount equal to the unpaid principal amount of the surrendered Note. Each such new Note
shall be payable to such Person as such holder may request and shall be substantially in the form of Exhibit A hereto. Each such new Note shall be dated and bear interest from the date to which interest shall have been paid on the surrendered Note
or dated the date of the surrendered Note if no interest shall have been paid thereon. The Company may require payment from the Holder of, and the Holder shall pay, a sum sufficient to cover any stamp tax or governmental charge imposed in respect of
any such transfer of Notes. Notes shall not be transferred in denominations of less than $100,000, provided that if necessary to enable the registration of transfer by a Holder of its entire holding of Notes, one Note may be in a denomination of
less than $100,000. 
 6.3 Upon receipt by the Company at the address and to the attention of the designated officer (all as specified in
Section 8.7) of evidence reasonably satisfactory to it of the ownership of and the loss, theft, destruction or mutilation of any Note, and 
 (a) in the case of loss, theft or destruction, of indemnity reasonably satisfactory to it, or 
 (b) in the case of mutilation, upon
surrender and cancellation thereof, 
 within ten days thereafter, the Company at its own expense shall execute and deliver, in lieu thereof, a new Note,
dated and bearing interest from the date to which interest shall have been paid on such lost, stolen, destroyed or mutilated Note or dated the date of such lost, stolen, destroyed or mutilated Note if no interest shall have been paid thereon.

  

	7.	Definitions. 

 For the purposes of this Agreement,
the following terms have the meanings set forth below: 
 “Affiliate” means, with respect to any Person, (i) each Person that,
directly or indirectly, owns or controls, whether beneficially, or as a trustee, guardian or other fiduciary, 25% or more of the stock having ordinary voting power in the election of directors of such Person, (ii) each Person that controls, is
controlled by or is under common control with such Person or any Affiliate of such Person or (iii) each of such Person’s officers, directors, joint venturers and partners. For the purpose of this definition, “control” of a Person
shall mean the possession, directly or indirectly, of the power to direct or cause the direction of its management or policies, whether through the ownership or voting securities, by contract or otherwise. 
  

 - 8 - 

 “Business Day” means any day other than a Saturday, Sunday or other day on which the commercial
banks are authorized to close in Boston, Massachusetts. 
 “Certificate of Incorporation” means the Certificate of Incorporation of
the respective Note Party as in effect at the Closing, as amended thereafter as permitted under this Agreement. 
 “Collateral”
shall have the meaning given to such term in the Security Agreement. 
 “Common Stock” means the common stock of the Company, par
value $0.001 per share, authorized under its Certificate of Incorporation as of the Closing Date. 
 “Event of Default” has the
meaning set forth in the Notes. 
 “Fiscal Year” means the year ending December 31 or any subsequent change in the fiscal year
of Company or any of its Subsidiaries. 
 “Guaranty” means that certain Guaranty dated as of the date hereof executed by the
Company’s domestic Subsidiaries in favor of the Holders. 
 “Holder” means, with respect to any Note the Person in whose name
such Note is registered in the register maintained by the Company pursuant to Section 6 hereof. 
 “Majority Holders” means,
at any time, the holders of at least 51% in principal amount of the Notes at the time then outstanding. 
 “Note Documents” shall
mean the Notes, the Warrant, this Agreement, the Security Agreement and the Guaranty, and all amendments and supplements thereto. 
 “Note Parties” means, collectively, the Company and each of its domestic Subsidiaries. 
 “Person” means an
individual, a partnership, a corporation, a limited liability company, an association, a joint stock company, a trust, a joint venture, an unincorporated organization and a governmental entity or any department, agency or political subdivision
thereof. 
 “Security Agreement” means that certain Security Agreement dated as of the date hereof executed by the Note Parties in
favor of the Holders. 
 “Subsidiary” means, with respect to the Company, eDiets, Inc., eDiets B.V.I., Inc., Nutrio.com, Inc. and
eDiets, Europe Limited and any other corporation, partnership, association or other business entity which (i) if a corporation, a majority of the total voting power of shares of stock entitled (irrespective of whether, at the time, stock of any
other class or classes of such corporation shall have or might have voting power by reason of the happening of any contingency) to vote in the election of directors, managers or trustees thereof is at the time owned or controlled, directly or
indirectly, by the Company or one of its Subsidiaries or a combination 

  

 - 9 - 

 
thereof, or (ii) if a partnership, association or other business entity, a majority of the partnership or other similar ownership interests thereof is
at the time owned or controlled, directly or indirectly, by the Company or one or more of its Subsidiaries or a combination thereof. For purposes hereof, a Person or Persons shall be deemed to have a majority ownership interest in a partnership,
association or other business entity if such Person or Persons shall be allocated a majority of partnership, association or other business entity gains or losses or shall be or control the managing director or general partner of such partnership,
association or other business entity. 
  

	8.	Miscellaneous. 

 8.1 Consent to Amendments.
The provisions of any Note Document (other than the Notes) may be amended or waived and the Company may take any action herein prohibited, or omit to perform any act herein required to be performed by it, upon the written agreement of the Company
and the Majority Holders; provided, however, the consent of all of the Holders shall be required to (a) release all or substantially all of the guarantors under the Guaranty, (b) release all or substantially all of the Collateral in any
transaction or a series of transactions or (c) amend this Section 8.1 or change the definition of “Majority Holders”. 
 8.2 Successors and Assigns. Except as otherwise expressly provided herein, all covenants and agreements contained in this Agreement by or on behalf of any of the parties hereto shall bind and inure to the benefit of the respective
successors and assigns of the parties hereto whether so expressed or not. 
 8.3 Severability. Whenever possible, each provision of
this Agreement shall be interpreted in such manner as to be effective and valid under applicable law, but if any provision of this Agreement is held to be prohibited by or invalid under applicable law, such provision shall be ineffective only to the
extent of such prohibition or invalidity, without invalidating the remainder of this Agreement. 
 8.4 Counterparts. This Agreement
may be executed simultaneously in two or more counterparts, any one of which need not contain the signatures of more than one party, but all such counterparts taken together shall constitute one and the same Agreement. 
 8.5 Descriptive Headings; Interpretation. The descriptive headings of this Agreement are inserted for convenience only and do not constitute a
substantive part of this Agreement. The use of the word “including” in this Agreement shall be by way of example rather than by limitation. 
 8.6 Governing Law. All issues and questions concerning the construction, validity, enforcement and interpretation of this Agreement and the exhibits and schedules hereto shall be governed by, and construed in
accordance with, the laws of the State of New York, without giving effect to any choice of law or conflict of law rules or provisions (whether of the State of New York or any other jurisdiction) that would cause the application of the laws of any
jurisdiction other than the State of New York. 
  

 - 10 - 

 8.7 Notices. Any notice required or permitted hereunder shall be in writing and shall be
sufficiently given if personally delivered, delivered by facsimile telephone transmission, delivered by express delivery service (such as Federal Express), or mailed first class U.S. mail, postage prepaid, addressed as follows: 
  

	(a)	If to any Purchaser: 

 c/o Prides Capital Partners, LLC

 200 High Street 
 Suite 700

 Boston, MA 02110 
 Attn: Hank
Lawlor 
 Tel: 617-778-9200 
 Fax:
617-778-9299 
  

	(b)	If to the Company: 

 eDiets.com, Inc. 
 1000 Corporate Drive 
 Suite 600 

Ft. Lauderdale, Florida 33334 
 Attn: James
Epstein, Esq. 
 Tel: 954-703-6375 
 Fax: 954-727-2601 
 with a copy to: 
 Edwards Angell Palmer & Dodge LLP 
 350 East Las Olas Boulevard 
 Suite 1150 
 Ft. Lauderdale, Florida 33301

 Attn: Leslie J. Croland 
 Tel:
954-667-6129 
 Fax: 954-727-2601 
 (or to such other address as any party shall specify by written notice so given), and shall be deemed to have been delivered as of the date so delivered or three (3) days after mailing for domestic mail. 
 8.8 No Third Party Beneficiaries. This Agreement shall not confer any rights or remedies upon any Person other than the parties hereto and their
respective successors and assigns, as specified herein. 
  

 - 11 - 

 8.9 Prevailing Party. In the event that litigation, arbitration or other quasi-judicial
proceedings are commenced by any party to this Agreement, the prevailing party shall be entitled to recover all costs and expenses incurred in connection with or arising out of such proceedings (including reasonable attorneys fees and expenses
incurred in such proceedings and any appeals thereof). 
  

 - 12 - 

 IN WITNESS WHEREOF, the parties hereto have executed this Agreement on the date first written above.

  

			
	 COMPANY:

	
	 EDIETS.COM, INC.

		
	By:	 	  

	Name:	 	
	Title:	 	
	
	 PURCHASER:

	
	 PRIDES CAPITAL FUND I, L.P.

		
	By:	 	Prides Capital Partners, LLC, its General Partner
		
	By:	 	  

	Name:	 	
	Title:	 	

 Signature Page to Note and Warrant Purchase Agreement 

 Exhibit A 
 Form of Senior Secured Note 

 Exhibit B 
 Warrant

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