SEC Contract Filing

Filing Date: 2019-03-13

Document Content:
<DOCUMENT>
<TYPE>EX-10.4
<SEQUENCE>11
<FILENAME>ex10-4.htm
<DESCRIPTION>FORM OF REGISTRATION RIGHTS AGREEMENT, DATED MARCH 12, 2019.
<TEXT>
<html>
<head>
<!-- Document created using Blueprint(R) - powered by Issuer Direct - www.issuerdirect.com -->
<!-- Copyright 2019 Issuer Direct Corporation -->
<title>Blueprint</title>
</head>
<body style="font-family: Times New Roman; font-size: 13px;">
<div id="pgbrk" style="width: 100%; margin-left: 0px; text-indent: 0px; margin-right: 0px">
<div id="hdr">
<div style="text-align: left; width: 100%; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</div>
</div>
<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-weight: bold; font-family: Times New Roman; font-size: 13px">
</font></div>
<div style="text-align: right; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;&#xA0;<a name="#FIS_TOP_OF_DOCUMENT">&#xA0;</a>&#xA0;</font> <font style="font-family: Times New Roman; font-size: 10">&#xA0;</font><font style="font-family: Times New Roman; font-size: 13px;">&#xA0;</font>
<font style="font-weight: bold; font-family: Times New Roman; font-size: 13px">Exhibit
10.4</font></div>
<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px">&#xA0;
<font style="font-family: Times New Roman; font-size: 13px;"><br>
</font></div>
<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-weight: bold; font-family: Times New Roman; font-size: 13px">
REGISTRATION RIGHTS AGREEMENT</font></div>
<div style="text-align: justify"><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 96px">
<font style="font-family: Times New Roman; font-size: 13px"><font style="font-weight: bold">REGISTRATION RIGHTS AGREEMENT</font> (this
&#x201C;<font style="font-weight: bold">Agreement</font>&#x201D;),
dated as of March __, 2019, by and among Bridgeline Digital, Inc.,
a Delaware corporation, with headquarters located at 80 Blanchard
Road, Burlington, Massachusetts 01803 (the &#x201C;<font style="font-weight: bold">Company</font>&#x201D;), and the investors
listed on the Schedule of Buyers attached hereto (each, a
&#x201C;<font style="font-weight: bold">Buyer</font>&#x201D; and
collectively, the &#x201C;<font style="font-weight: bold">Buyers</font>&#x201D;).</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-weight: bold; font-family: Times New Roman; font-size: 13px">
RECITALS</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 96px">
<font style="font-family: Times New Roman; font-size: 13px">A.&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;In
connection with the Securities Purchase Agreement by and among the
parties hereto of even date herewith (the &#x201C;<font style="font-weight: bold">Securities Purchase Agreement</font>&#x201D;),
the Company has agreed, upon the terms and subject to the
conditions of the Securities Purchase Agreement, to issue and sell
to each Buyer (i) shares (the &#x201C;<font style="font-weight: bold">Preferred Shares</font>&#x201D;) of the
Company&#x2019;s Series C Convertible Preferred Stock (the
&#x201C;<font style="font-weight: bold">Preferred
Stock</font>&#x201D;) which will be convertible into shares of the
Company's common stock, par value $0.001 per share (as converted
collectively the &#x201C;<font style="font-weight: bold">Conversion
Shares</font>&#x201D;), and (ii) three (3) series of warrants (the
&#x201C;<font style="font-weight: bold">Warrants</font>&#x201D;)
which will be exercisable to purchase shares of Common Stock (as
exercised, collectively, the &#x201C;<font style="font-weight: bold">Warrant Shares</font>&#x201D;) in accordance
with the terms of the Warrants.</font></div>
<div style="text-align: justify"><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 96px">
<font style="font-family: Times New Roman; font-size: 13px">B.&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;In
accordance with the terms of the Securities Purchase Agreement, the
Company has agreed to provide certain registration rights under the
Securities Act of 1933, as amended, and the rules and regulations
thereunder, or any similar successor statute (collectively, the
&#x201C;<font style="font-weight: bold">1933 Act</font>&#x201D;), and
applicable state securities laws.</font></div>
<div style="text-align: justify"><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 96px">
<font style="font-family: Times New Roman; font-size: 13px"><font style="font-weight: bold">NOW, THEREFORE,</font> in consideration of the
premises and the mutual covenants contained herein and other good
and valuable consideration, the receipt and sufficiency of which
are hereby acknowledged, the Company and each of the Buyers hereby
agree as follows:</font></div>
<div style="text-align: justify"><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; text-indent: 96px">
<font style="font-family: Times New Roman; font-size: 13px">1.</font><font id="tab2" style="letter-spacing: 12px; color: black">&#xA0;</font><font style="font-family: Times New Roman; font-size: 13px"><font style="text-decoration: underline">Definitions</