SWITCHBOARD INCORPORATED. By: /s/ Xxxxxxx XxXxxxxx ----------------------------- Title: President -------------------------- -7- EXHIBIT I --------- PURCHASE FORM ------------- To: ____________________ Dated: ___________________ The undersigned, pursuant to the provisions set forth in the attached Common Stock Purchase Warrant (No. _), hereby irrevocably elects to purchase _____ shares of the Common Stock covered by such Warrant. The undersigned herewith makes payment of $____________, in lawful money of the United States, representing the full purchase price for such shares at the price per share provided for in such Warrant. Signature: _________________________ Address: ___________________________ ___________________________ EXHIBIT II ---------- EXAMPLE OF CALCULATION ---------------------- The Registered Holder exercises this Warrant with respect to 50,000 Warrant Shares. The Fair Market Value per Warrant Share on the date of such exercise is $12.00. The Purchase Price per Warrant Share on the date of such exercise is $6.00. The number of Warrant Shares that the Registered Holder will be issued by the Company is 25,000, as follows: X = 25,000 Y = 50,000 A = 12.00 B = 6.00 25,000 = 50,000 (12.00 - 6.00) --------------------- 12.00 -9- EXHIBIT III ----------- ASSIGNMENT FORM --------------- FOR VALUE RECEIVED, _______________________________________ hereby sells, assigns and transfers all of the rights of the undersigned under the attached Common Stock Purchase Warrant (No. _) with respect to the number of shares of Common Stock covered thereby set forth below, unto: Name of Assignee Address No. of Shares ---------------- ------- ------------- Dated: __________________ Signature: ______________________________ Dated: __________________ Witness: ________________________________
SWITCHBOARD INCORPORATED. By: /s/ Xxxx Xxxxxxxx ----------------------------------------------- Title: President -------------------------------------------- PURCHASER: BANYAN SYSTEMS INCORPORATED By: /s/ Xxxxxxx X. Xxxxxxxxx ----------------------------------------------- Title: Vice President and CFO -------------------------------------------- Address: 000 Xxxxxxxx Xxxx Xxxxxxxx, XX 00000 Attn: Chief Financial Officer Copy to: Xxxx and Xxxx LLP 00 Xxxxx Xxxxxx Xxxxxx, XX 00000 Attn: Xxxx X. Xxxxxx, Esq.
SWITCHBOARD INCORPORATED. By: /s/ Xxxxxxx XxXxxxxx --------------------------------- Name: Xxxxxxx XxXxxxxx --------------------------- Title: President -------------------------- PURCHASER: BANYAN SYSTEMS INCORPORATED By: /s/ Xxxxxxx X. Xxxxx --------------------------------- Name: Xxxxxxx X. Xxxxx --------------------------- Title: Chief Executive Officer -------------------------- AMENDMENT TO CONVERTIBLE SECURED NOTE PURCHASE AGREEMENT ------------------------------------------- This Amendment dated as of May 3, 1999, is entered into by and between Banyan Systems Incorporated, a Massachusetts corporation (the "Purchaser"), and Switchboard Incorporated, a Delaware corporation (the "Company"), and amends the Convertible Secured Note Purchase Agreement dated as of August 29, 1997 by and between the Purchaser and the Company, as amended as of February 20, 1998 (the "Agreement"). Capitalized terms used but not defined herein shall have the respective meanings ascribed to such terms in the Agreement. The Agreement is hereby amended as follows:
SWITCHBOARD INCORPORATED. By: /s/ Xxxx Xxxxxxxx --------------------------- Xxxx Xxxxxxxx President ATTEST: /s/ Xxxx X. Xxxxxx ------------------------------------------ Xxxx X. Xxxxxx Secretary Consented and Agreed to: BANYAN SYSTEMS INCORPORATED By: /s/ Xxxxxxx X. Xxxxxxxxx -------------------------------------- Xxxxxxx X. Xxxxxxxxx Chief Financial Officer Schedule I ---------- GRID TO AMENDED AND RESTATED CONVERTIBLE NOTE OF SWITCHBOARD INCORPORATED Amount of Advance Interest Date of Conversion Notation Rate Advance Price Made By ------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------- ---------------------------...
SWITCHBOARD INCORPORATED. By: --------------------- Name: ------------------- Title: ------------------ PURCHASER: AMERICA ONLINE, INC. By: --------------------- Name: ------------------- Title: ------------------ EXHIBIT H Steering Committee Representatives ---------------------------------- Sales Manager Operations Manager Executive (optional) ------------- ------------------ -------------------- SB Mark Canon Jon Nofs Dean Polnerow AXX Richard Sloxx Xxendan Benzing Xxx Xxxsenbach EXHIBIT I Standard Legal Terms & Conditions ---------------------------------
SWITCHBOARD INCORPORATED. Common Stock Purchase Warrant ----------------------------- Switchboard Incorporated, a Delaware corporation (the "Company"), for value received, hereby certifies that CBS Corporation, a Pennsylvania corporation, or its permitted transferees (the "Registered Holder"), is entitled, subject to the terms set forth below, to purchase from the Company, at any time or from time to time on or after the earlier of (i) June 30, 2001 and (ii) the closing of the Company's initial underwritten public offering of Common Stock registered under the Securities Act of 1933, as amended (the "Securities Act"), and on or before the earlier of (a) the second anniversary of the closing of the Company's initial underwritten public offering of Common Stock registered under the Securities Act and (b) June 30, 2004, at not later than 5:00 p.m. (Boston, Massachusetts time), 1,066,174 shares of Common Stock, $.01 par value per share, of the Company, at a purchase price of $1.00 per share. The shares purchasable upon exercise of this Warrant, and the purchase price per share, each as adjusted from time to time pursuant to the provisions of this Warrant, are hereinafter referred to as the "Warrant Shares" and the "Purchase Price," respectively.
SWITCHBOARD INCORPORATED. By: /s/ Xxxx Xxxxxxxx ----------------------- Name: Xxxx Xxxxxxxx Title: President
SWITCHBOARD INCORPORATED. By: /s/ Xxxx Xxxxxxxx --------------------------------- Title: President Address: 000 Xxxxxxxx Xxxx Xxxxxxxx, Xxxxxxxxxxxxx 00000 OPTIONEE'S ACCEPTANCE The undersigned hereby accepts the foregoing option and agrees to the terms and conditions thereof. The undersigned hereby acknowledges receipt of a copy of the Company's 1996 Stock Incentive Plan. OPTIONEE /s/ Xxxx Xxxxxxxx ------------------------------- Address: _____________________ _____________________
SWITCHBOARD INCORPORATED. By: /s/ Xxxxxxx XxXxxxxx ------------------------------- Title: President ---------------------------- -12- PURCHASERS: AMERICA ONLINE, INC. By: /s/ Xxxxx X. Xxxxxxx ------------------------------- Title: Sr. Vice President ----------------------------- Address:--------------------------- ---------------------------- DIGITAL CITY INC. By: Signature not legible -------------------------------- Title:----------------------------- Address:--------------------------- ---------------------------- BANYAN SYSTEMS INCORPORATED By: /s/ Xxxxxxx X. Xxxxx -------------------------------- Title: Chief Executive Officer ----------------------------- Address: 000 Xxxxxxxx Xxxx Xxxxxxxx, XX 00000 AMENDMENT TO REGISTRATION RIGHTS AGREEMENT This Amendment dated March 29, 1999 (this "Amendment") to that certain Registration Rights Agreement dated as of November 5, 1996, as amended and restated on February 20, 1998 (the "Agreement"), by and among Switchboard Incorporated, a Delaware corporation (the "Company"), and America Online, Inc., a Delaware corporation, Digital City Inc., a Delaware corporation, and Banyan Systems Incorporated, a Massachusetts corporation (individually, a "Purchaser," and collectively, the "Purchasers"), is entered into among the Company and the Purchasers pursuant to Section 13(c) thereof. Preliminary Statement ---------------------
SWITCHBOARD INCORPORATED. By: /s/ Xxxx Xxxxxx --------------------------------- Name: Xxxx Xxxxxx Title: Vice President and CFO PURCHASERS: AMERICA ONLINE, INC. By: /s/ Xxxxx X. Xxxxxxx --------------------------------- Name: Xxxxx X. Xxxxxxx Title: Senior Vice President, Business Affairs DIGITAL CITY INC. By: /s/ Xxxx XxXxxxxxxxxx --------------------------------- Name: Xxxx XxXxxxxxxxxx Title: President and Chief Executive Officer BANYAN SYSTEMS INCORPORATED By: /s/ Xxxxxxx X. Xxxxxxxxx --------------------------------- Name: Xxxxxxx X. Xxxxxxxxx Title: Vice President and CFO
