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...Agreement Relating to Celebrate Express Options • April 2nd, 2007 • Spencer Capital Management, LLC • 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
