SCHEDULE 13D
CUSIP No. 92847A20 0
|
1.
|
Names of Reporting Persons.
Great Hill Investors, LLC
|
2.
|
Check the Appropriate Box if a Member of a Group (See Instructions)
(a)
o
(b)
ý
|
3.
|
SEC Use Only
|
4.
|
Source of Funds (See Instructions)
WC
|
5.
|
Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)
|
o
|
6.
|
Citizenship or Place of Organization
Massachusetts
|
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
|
7.
|
Sole Voting Power
0
|
8.
|
Shared Voting Power
19,489
|
9.
|
Sole Dispositive Power
0
|
10.
|
Shared Dispositive Power
19,489
|
11
|
Aggregate Amount Beneficially Owned by Each Reporting Person
19,489
|
12.
|
Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
|
|
13.
|
Percent of Class Represented by Amount in Row (11)
0.06%
|
14.
|
Type of Reporting Person (See Instructions)
OO
|
|
|
SCHEDULE 13D
CUSIP No. 92847A20 0
|
1.
|
Names of Reporting Persons.
Great Hill Equity Partners III, L.P.
|
2.
|
Check the Appropriate Box if a Member of a Group (See Instructions)
(a)
¨
(b)
ý
|
3.
|
SEC Use Only
|
4.
|
Source of Funds (See Instructions)
WC
|
5.
|
Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)
|
¨
|
6.
|
Citizenship or Place of Organization
Delaware
|
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
|
7.
|
Sole Voting Power
0
|
8.
|
Shared Voting Power
4,398,828
|
9.
|
Sole Dispositive Power
0
|
10.
|
Shared Dispositive Power
4,398,828
|
11
|
Aggregate Amount Beneficially Owned by Each Reporting Person
4,398,828
|
12.
|
Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
|
ý
|
13.
|
Percent of Class Represented by Amount in Row (11)
12.83%
|
14.
|
Type of Reporting Person (See Instructions)
PN
|
|
|
SCHEDULE 13D
CUSIP No. 92847A20 0
|
1.
|
Names of Reporting Persons.
Great Hill Partners GP III, L.P.
|
2.
|
Check the Appropriate Box if a Member of a Group (See Instructions)
(a)
¨
(b)
ý
|
3.
|
SEC Use Only
|
4.
|
Source of Funds (See Instructions)
WC
|
5.
|
Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)
|
¨
|
6.
|
Citizenship or Place of Organization
Delaware
|
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
|
7.
|
Sole Voting Power
0
|
8.
|
Shared Voting Power
4,398,828
|
9.
|
Sole Dispositive Power
0
|
10.
|
Shared Dispositive Power
4,398,828
|
11
|
Aggregate Amount Beneficially Owned by Each Reporting Person
4,398,828
|
12.
|
Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
|
ý
|
13.
|
Percent of Class Represented by Amount in Row (11)
12.83%
|
14.
|
Type of Reporting Person (See Instructions)
PN
|
|
|
SCHEDULE 13D
CUSIP No. 92847A20 0
|
1.
|
Names of Reporting Persons.
GHP III, LLC
|
2.
|
Check the Appropriate Box if a Member of a Group (See Instructions)
(a)
¨
(b)
ý
|
3.
|
SEC Use Only
|
4.
|
Source of Funds (See Instructions)
WC
|
5.
|
Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)
|
¨
|
6.
|
Citizenship or Place of Organization
Delaware
|
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
|
7.
|
Sole Voting Power
0
|
8.
|
Shared Voting Power
4,398,828
|
9.
|
Sole Dispositive Power
0
|
10.
|
Shared Dispositive Power
4,398,828
|
11
|
Aggregate Amount Beneficially Owned by Each Reporting Person
4,398,828
|
12.
|
Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
|
ý
|
13.
|
Percent of Class Represented by Amount in Row (11)
12.83%
|
14.
|
Type of Reporting Person (See Instructions)
OO
|
|
|
SCHEDULE 13D
CUSIP No. 92847A20 0
|
1.
|
Names of Reporting Persons.
Great Hill Equity Partners IV, L.P.
|
2.
|
Check the Appropriate Box if a Member of a Group (See Instructions)
(a)
¨
(b)
ý
|
3.
|
SEC Use Only
|
4.
|
Source of Funds (See Instructions)
WC
|
5.
|
Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)
|
¨
|
6.
|
Citizenship or Place of Organization
Delaware
|
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
|
7.
|
Sole Voting Power
0
|
8.
|
Shared Voting Power
2,306,497
|
9.
|
Sole Dispositive Power
0
|
10.
|
Shared Dispositive Power
2,306,497
|
11
|
Aggregate Amount Beneficially Owned by Each Reporting Person
2,306,497
|
12.
|
Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
|
ý
|
13.
|
Percent of Class Represented by Amount in Row (11)
6.75%
|
14.
|
Type of Reporting Person (See Instructions)
PN
|
|
|
SCHEDULE 13D
CUSIP No. 92847A20 0
|
1.
|
Names of Reporting Persons.
Great Hill Partners GP IV, L.P.
|
2.
|
Check the Appropriate Box if a Member of a Group (See Instructions)
(a)
¨
(b)
ý
|
3.
|
SEC Use Only
|
4.
|
Source of Funds (See Instructions)
WC
|
5.
|
Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)
|
¨
|
6.
|
Citizenship or Place of Organization
Delaware
|
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
|
7.
|
Sole Voting Power
0
|
8.
|
Shared Voting Power
2,306,497
|
9.
|
Sole Dispositive Power
0
|
10.
|
Shared Dispositive Power
2,306,497
|
11
|
Aggregate Amount Beneficially Owned by Each Reporting Person
2,306,497
|
12.
|
Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
|
ý
|
13.
|
Percent of Class Represented by Amount in Row (11)
6.75%
|
14.
|
Type of Reporting Person (See Instructions)
PN
|
|
|
SCHEDULE 13D
CUSIP No. 92847A20 0
|
1.
|
Names of Reporting Persons.
GHP IV, LLC
|
2.
|
Check the Appropriate Box if a Member of a Group (See Instructions)
(a)
¨
(b)
ý
|
3.
|
SEC Use Only
|
4.
|
Source of Funds (See Instructions)
WC
|
5.
|
Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)
|
¨
|
6.
|
Citizenship or Place of Organization
Delaware
|
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
|
7.
|
Sole Voting Power
0
|
8.
|
Shared Voting Power
2,306,497
|
9.
|
Sole Dispositive Power
0
|
10.
|
Shared Dispositive Power
2,306,497
|
11
|
Aggregate Amount Beneficially Owned by Each Reporting Person
2,306,497
|
12.
|
Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
|
ý
|
13.
|
Percent of Class Represented by Amount in Row (11)
6.75%
|
14.
|
Type of Reporting Person (See Instructions)
OO
|
|
|
SCHEDULE 13D
CUSIP No. 92847A20 0
|
1.
|
Names of Reporting Persons.
Matthew T. Vettel
|
2.
|
Check the Appropriate Box if a Member of a Group (See Instructions)
(a)
¨
(b)
ý
|
3.
|
SEC Use Only
|
4.
|
Source of Funds (See Instructions)
WC
|
5.
|
Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)
|
¨
|
6.
|
Citizenship or Place of Organization
United States of America
|
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
|
7.
|
Sole Voting Power
0
|
8.
|
Shared Voting Power
6,724,814
|
9.
|
Sole Dispositive Power
0
|
10.
|
Shared Dispositive Power
6,724,814
|
11
|
Aggregate Amount Beneficially Owned by Each Reporting Person
6,724,814
|
12.
|
Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
|
ý
|
13.
|
Percent of Class Represented by Amount in Row (11)
19.54%
|
14.
|
Type of Reporting Person (See Instructions)
IN
|
|
|
SCHEDULE 13D
CUSIP No. 92847A20 0
|
1.
|
Names of Reporting Persons.
Christopher S. Gaffney
|
2.
|
Check the Appropriate Box if a Member of a Group (See Instructions)
(a)
¨
(b)
ý
|
3.
|
SEC Use Only
|
4.
|
Source of Funds (See Instructions)
WC
|
5.
|
Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)
|
¨
|
6.
|
Citizenship or Place of Organization
United States of America
|
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
|
7.
|
Sole Voting Power
0
|
8.
|
Shared Voting Power
6,724,814
|
9.
|
Sole Dispositive Power
0
|
10.
|
Shared Dispositive Power
6,724,814
|
11
|
Aggregate Amount Beneficially Owned by Each Reporting Person
6,724,814
|
12.
|
Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
|
ý
|
13.
|
Percent of Class Represented by Amount in Row (11)
19.54%
|
14.
|
Type of Reporting Person (See Instructions)
IN
|
|
|
SCHEDULE 13D
CUSIP No. 92847A20 0
|
1.
|
Names of Reporting Persons.
John G. Hayes
|
2.
|
Check the Appropriate Box if a Member of a Group (See Instructions)
(a)
¨
(b)
ý
|
3.
|
SEC Use Only
|
4.
|
Source of Funds (See Instructions)
WC
|
5.
|
Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)
|
¨
|
6.
|
Citizenship or Place of Organization
United States of America
|
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
|
7.
|
Sole Voting Power
0
|
8.
|
Shared Voting Power
6,724,814
|
9.
|
Sole Dispositive Power
0
|
10.
|
Shared Dispositive Power
6,724,814
|
11
|
Aggregate Amount Beneficially Owned by Each Reporting Person
6,724,814
|
12.
|
Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
|
ý
|
13.
|
Percent of Class Represented by Amount in Row (11)
19.54%
|
14.
|
Type of Reporting Person (See Instructions)
IN
|
|
|
SCHEDULE 13D
CUSIP No. 92847A20 0
|
1.
|
Names of Reporting Persons.
Michael A. Kumin
|
2.
|
Check the Appropriate Box if a Member of a Group (See Instructions)
(a)
¨
(b)
ý
|
3.
|
SEC Use Only
|
4.
|
Source of Funds (See Instructions)
WC / PF
|
5.
|
Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)
|
¨
|
6.
|
Citizenship or Place of Organization
United States of America
|
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
|
7.
|
Sole Voting Power
20,630
|
8.
|
Shared Voting Power
6,705,325
|
9.
|
Sole Dispositive Power
20,630
|
10.
|
Shared Dispositive Power
6,705,325
|
11
|
Aggregate Amount Beneficially Owned by Each Reporting Person
6,725,955
|
12.
|
Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
|
ý
|
13.
|
Percent of Class Represented by Amount in Row (11)
19.54%
|
14.
|
Type of Reporting Person (See Instructions)
IN
|
|
|
SCHEDULE 13D
CUSIP No. 92847A20 0
|
1.
|
Names of Reporting Persons.
Mark D. Taber
|
2.
|
Check the Appropriate Box if a Member of a Group (See Instructions)
(a)
¨
(b)
ý
|
3.
|
SEC Use Only
|
4.
|
Source of Funds (See Instructions)
WC
|
5.
|
Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)
|
¨
|
6.
|
Citizenship or Place of Organization
United States of America
|
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
|
7.
|
Sole Voting Power
0
|
8.
|
Shared Voting Power
6,705,325
|
9.
|
Sole Dispositive Power
0
|
10.
|
Shared Dispositive Power
6,705,325
|
11
|
Aggregate Amount Beneficially Owned by Each Reporting Person
6,705,325
|
12.
|
Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
|
ý
|
13.
|
Percent of Class Represented by Amount in Row (11)
19.48%
|
14.
|
Type of Reporting Person (See Instructions)
IN
|
|
|
Introduction
This Amendment No. 9 (this “Amendment”) amends and supplements the Schedule 13D filed on March 23, 2010, as amended on May 3, 2010, May 11, 2010, May 25, 2010, July 15, 2010, October 12, 2010, October 13, 2010, February 21, 2012 and March 26, 2013 (the “Filing”), by the Reporting Persons relating to the common stock, $0.00001 par value per share (the “Common Stock”), of Vitacost.com, Inc., a Delaware corporation (the “Issuer”). Information reported in the Filing remains in effect except to the extent that it is amended, restated or superseded by information contained in this Amendment. Capitalized terms used but not defined in this Amendment have the respective meanings set forth in the Filing.
Item 4.
|
Purpose of Transaction.
|
Item 4 of the Filing is hereby amended and supplemented by adding the following language hereto:
On July 1, 2014, the Issuer entered into an Agreement and Plan of Merger (the “Merger Agreement”) with The Kroger Co., an Ohio corporation (“Parent”), and Vigor Acquisition Corp., a Delaware corporation and a wholly-owned subsidiary of Parent (“Acquisition Sub”). Pursuant to the Merger Agreement, upon the terms and subject to the conditions thereof, Acquisition Sub will commence a tender offer (the “Offer”) to acquire all of the outstanding shares of Common Stock at a purchase price of $8.00 per share, without interest, net to the holder in cash (the “Offer Price”), subject to any required withholding of taxes. Following consummation of the Offer, Acquisition Sub will merge with and into the Issuer (the “Merger”).
Concurrently with the execution of the Merger Agreement and as a condition to the willingness of Parent and Acquisition Sub to enter into the Merger Agreement, each of the Funds entered into a Tender and Support Agreement with Parent and Acquisition Sub (each a “Support Agreement”) pursuant to which each Fund agreed, among other things, (i) to validly tender or cause to be tendered (and not withdraw) the shares of Common Stock beneficially held by it (the “Shares”) into the Offer promptly following, and in any event no later than five (5) business days following the commencement of the Offer, pursuant to and in accordance with the terms of the Offer and Rule 14d-2 under the Securities Exchange Act of 1934; (ii) not to vote any Shares in favor of (a) any Acquisition Proposal (as defined in the Merger Agreement), (b) any reorganization, recapitalization, dissolution, liquidation or winding-up of the Issuer or any other extraordinary transaction involving the Issuer other than the Merger or (c) any corporate action the consummation of which would frustrate the purposes, or prevent or materially delay the consummation, of any of the transactions contemplated by the Merger Agreement; (iii) to revoke any proxies previously given, and not to grant any proxies, with respect to the Shares and to irrevocably appoint Parent as the Fund’s attorney-in-fact and proxy to vote, express consent or dissent, or otherwise utilize such voting power in the manner contemplated by clause (ii) in Parent’s sole discretion; (iv) not to sell, assign, transfer, tender, encumber or otherwise dispose of, or enter into any contract with respect to the direct or indirect sale, assignment, transfer, tender, encumbrance or other disposition of, any Shares; (v) not to take any action that would make any representation or warranty of the Fund under the Support Agreement untrue in any material respect or interfere in any material respect with the Fund’s obligations under the Support Agreement or the transactions contemplated by the Merger Agreement; (vi) not to solicit or induce the making of any Acquisition Proposal (as defined in the Merger Agreement), furnish any non-public information relating to the Issuer with the intent to induce or encourage an Acquisition Proposal, participate in discussions or enter any contract with respect to an Acquisition Proposal; (vii) not to make certain public communications criticizing or disparaging the Support Agreement or Merger Agreement; (viii) to waive and not to exercise any rights of appraisal or rights to dissent from the Merger that the Fund may have; (ix) not to commence or participate in, and to take all action necessary to opt out of any class in any class action with respect to, any claim, derivative or otherwise, against Parent, Acquisition Sub or the Issuer or any of their respective successors (a) challenging the validity of, or seeking to enjoin the operation of, any provision of the Support Agreement or (b) alleging a breach of fiduciary duty of the Board of Directors of the Issuer in connection with the negotiation and entry into the Merger Agreement or transactions contemplated thereby.
Each Support Agreement will terminate upon the earlier of the Effective Time (as defined in the Merger Agreement) or the termination of the Merger Agreement.
The foregoing summary of the Support Agreements does not purport to be complete and is qualified in its entirety by reference to the Support Agreements, copies of which are attached hereto as Exhibits 2, 3 and 4 and incorporated herein by reference.
Item 6.
|
Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer.
|
The information disclosed in Item 4 above is hereby incorporated herein by reference.
Item 7. Material to be filed as Exhibits.
Exhibit 1
|
|
Agreement and Plan of Merger, dated as of July 1, 2014, by and among the Issuer, The Kroger Co. and Vigor Acquisition Corp. (incorporated by reference to Exhibit 2.1 to the Current Report on Form 8-K filed with the Securities and Exchange Commission by Vitacost.com, Inc. on July 2, 2014).
|
|
|
|
Exhibit 2
|
|
Tender and Support Agreement, dated as of July 1, 2014, by and among The Kroger Co., Vigor Acquisition Corp. and Great Hill Investors, LLC.
|
|
|
|
Exhibit 3
|
|
Tender and Support Agreement, dated as of July 1, 2014, by and among The Kroger Co., Vigor Acquisition Corp. and Great Hill Equity Partners III, L.P.
|
|
|
|
Exhibit 4
|
|
Tender and Support Agreement, dated as of July 1, 2014, by and among The Kroger Co., Vigor Acquisition Corp. and Great Hill Equity Partners IV, L.P.
|
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this Schedule 13D is true, complete, and correct.
Date: July 3, 2014
GREAT HILL INVESTORS, LLC
|
|
|
|
|
|
|
By:
|
/s/ Christopher S. Gaffney
|
|
Name:
|
Christopher S. Gaffney*
|
|
Title:
|
A Manager
|
|
GREAT HILL EQUITY PARTNERS III, L.P.
|
|
By: GREAT HILL PARTNERS GP III, L.P., its General Partner
|
|
By: GHP III, LLC, its General Partner
|
|
|
|
|
By:
|
/s/ Christopher S. Gaffney
|
|
Name:
|
Christopher S. Gaffney*
|
|
Title:
|
A Manager
|
|
GREAT HILL PARTNERS GP III, L.P.
|
|
By: GHP III, LLC, its General Partner
|
|
|
|
|
|
|
By:
|
/s/ Christopher S. Gaffney
|
|
Name:
|
Christopher S. Gaffney*
|
|
Title:
|
A Manager
|
|
GHP III, LLC
|
|
|
|
|
By:
|
/s/ Christopher S. Gaffney
|
|
Name:
|
Christopher S. Gaffney*
|
|
Title:
|
A Manager
|
|
GREAT HILL EQUITY PARTNERS IV, L.P.
|
|
By: GREAT HILL PARTNERS GP IV, L.P., its General Partner
|
|
By: GHP IV, LLC, its General Partner
|
|
|
|
|
|
|
By:
|
/s/ Christopher S. Gaffney
|
|
Name:
|
Christopher S. Gaffney*
|
|
Title:
|
A Manager
|
|
GREAT HILL PARTNERS GP IV, L.P.
|
|
By: GHP IV, LLC, its General Partner
|
|
|
|
|
|
|
By:
|
/s/ Christopher S. Gaffney
|
|
Name:
|
Christopher S. Gaffney*
|
|
Title:
|
A Manager
|
|
|
|
|
|
|
|
GHP IV, LLC
|
|
|
|
|
|
|
By:
|
/s/ Christopher S. Gaffney
|
|
Name:
|
Christopher S. Gaffney*
|
|
Title:
|
A Manager
|
|
|
|
|
|
|
|
/s/ Christopher S. Gaffney
|
|
Name: Christopher S. Gaffney*
|
|
|
|
|
|
|
|
|
|
/s/ John G. Hayes
|
|
Name: John G. Hayes*
|
|
|
|
|
|
|
|
|
|
/s/ Matthew T. Vettel
|
|
Name: Matthew T. Vettel*
|
|
|
|
|
|
|
|
|
|
/s/ Michael A. Kumin
|
|
Name: Michael A. Kumin*
|
|
|
|
|
|
|
|
|
|
/s/ Mark D. Taber
|
|
Name: Mark D. Taber*
|
|
|
|
|
|
|
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*By:
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/s/ Laurie T. Gerber
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Name:
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Laurie T. Gerber
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Title:
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Attorney in fact
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EXHIBIT INDEX
Exhibit 1
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Agreement and Plan of Merger, dated as of July 1, 2014, by and among the Issuer, The Kroger Co. and Vigor Acquisition Corp. (incorporated by reference to Exhibit 2.1 to the Current Report on Form 8-K filed with the Securities and Exchange Commission by Vitacost.com, Inc. on July 2, 2014).
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Exhibit 2
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Tender and Support Agreement, dated as of July 1, 2014, by and among The Kroger Co., Vigor Acquisition Corp. and Great Hill Investors, LLC.
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Exhibit 3
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Tender and Support Agreement, dated as of July 1, 2014, by and among The Kroger Co., Vigor Acquisition Corp. and Great Hill Equity Partners III, L.P.
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Exhibit 4
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Tender and Support Agreement, dated as of July 1, 2014, by and among The Kroger Co., Vigor Acquisition Corp. and Great Hill Equity Partners IV, L.P.
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