CONCUR TECHNOLOGIES, INC. WARRANTConcur Technologies Inc • August 6th, 2008 • Services-prepackaged software
Concur Technologies, Inc., a Delaware corporation (the “Company”), hereby certifies that, for value received, American Express Travel Related Services Company, Inc., a New York corporation or its successors (the “Holder”), is entitled to purchase from the Company up to a total of 1,280,000 shares of common stock, $0.001 par value per share (the “Common Stock”), of the Company (each such share, a “Warrant Share” and all such shares, the “Warrant Shares”) at an exercise price initially equal to $39.27 per share (as adjusted from time to time as provided in Section 8, the “Exercise Price”), at any time on or after the date hereof (the “Initial Exercise Date”) and through and including the date that is two (2) years after the date hereof (the “Expiration Date”), and subject to the following terms and conditions. This Warrant (this “Warrant”) is issued pursuant to that certain Securities Purchase Agreement, dated as of the date hereof, by and among the Company and the Holder (the “Purchase
SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • August 6th, 2008 • Concur Technologies Inc • Services-prepackaged software • New York
THIS SECURITIES PURCHASE AGREEMENT (the “Agreement”), is dated as of July 29, 2008, by and among Concur Technologies, Inc., a Delaware corporation (the “Company”), and American Express Travel Related Services Company, Inc., a New York corporation (the “Investor”) and a wholly-owned subsidiary of American Express Company, a New York corporation (“Parent”).
