INVESTMENT AGREEMENTInvestment Agreement • January 31st, 2008 • Blackboard Inc • Services-prepackaged software • New York
Reference is made to that certain Agreement and Plan of Merger dated as of January 11, 2008 (the “Merger Agreement”) by and among Blackboard Inc., a Delaware corporation (“Parent”), Bookstore Merger Sub, Inc., a Delaware corporation and a wholly-owned subsidiary of Parent (“Merger Sub”), The NTI Group, Inc., a Delaware corporation (the “Company”), and Pace Holdings, LLC, a Delaware limited liability company (“Pace”). This Investment Agreement shall be effective as of the Closing.
