0000899140-07-000768 Sample Contracts

Exhibit 4 Agreement Relating to Celebrate Express Options WHEREAS, Ken Shubin Stein pursued representation on the Board of Directors of Celebrate Express (BDAY) in his capacity as Managing Member of Spencer Capital Management, the investment adviser...
Spencer Capital Management, LLC • April 2nd, 2007 • Retail-misc general merchandise stores

WHEREAS, Ken Shubin Stein pursued representation on the Board of Directors of Celebrate Express (BDAY) in his capacity as Managing Member of Spencer Capital Management, the investment adviser to the Spencer Capital Opportunity Fund, LP and the Spencer Capital Offshore Opportunity Fund, Ltd. (each a "Fund" and collectively the "Funds") as disclosed in various filings made with the Securities and Exchange Commission beginning in June 2006; and

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