New Mountain Partners, L.P. MidOcean Capital Investors, L.P.Preferred Stock Purchase Agreement • February 4th, 2004 • Midocean Capital Partners Lp • Services-educational services • New York
Reference is made to (1) the Preferred Stock Purchase Agreement, dated as of November 28, 2000 (the “Preferred Stock Purchase Agreement”), by and among Strayer Education, Inc., a Maryland corporation (the “Company”), New Mountain Partners, L.P. (“New Mountain”) and MidOcean Capital Investors, L.P. (formerly DB Capital Investors, L.P.) (“MidOcean”) pursuant to which, among other things, the Company issued and sold to New Mountain and MidOcean an aggregate of 5,769,231 shares of the Company’s Series A Convertible Preferred Stock, par value $0.01 per share (“Series A Preferred Stock”), (2) the Registration Rights Agreement, dated as of May 15, 2001 (the “Registration Rights Agreement”), by and among the Company, New Mountain and MidOcean, (3) the Articles Supplementary of the Company, as filed with the State Department of Assessments and Taxation of Maryland on May 15, 2001 (the “Articles Supplementary”), which, among other things, sets forth the powers, rights and other terms of the Seri
