AMENDMENT NO. 1
TO
CO-SALE AND STOCK RESTRICTION AGREEMENT
This Amendment No. 1 dated December 12, 1996 (the "Amendment") to the
Co-Sale and Stock Restriction Agreement dated November 13, 1995 among Giga
Information Group, Inc., a Delaware corporation (the "Corporation"), Xxxxxx
Xxxxxxx and the holders of Series B Preferred Stock, $.001 par value, signatory
thereto (the "Stockholders"), is entered into by the Corporation, Xxxxxx Xxxxxxx
and the Stockholders. Except as set forth below, the Agreement shall remain in
full force and effect. Capitalized terms used herein and not otherwise defined
shall have the meanings assigned to them in the Agreement.
NOW THEREFORE, for good and valuable consideration, the receipt and
sufficiency of which is hereby acknowledged, the parties hereto agree as
follows:
1. Amendments to the Agreement. Acting in accordance with Section 7.2
of the Agreement, the undersigned hereby consent to an amendment to the
Agreement whereby Pomona Capital II, L.P., Baupost Limited Partnership 1983 C-1,
Xxxxxxxx Partners, L.P., Xxxxxxxx Foreign Partners, L.P., Xxxxxxx X. Xxxxxxxx
Charitable Remainder Trust, Xxxxxx University, Foundation Partners, Tampsco II
Partnership and Rochester Institute of Technology (collectively, the Additional
Series B Investors") will be made parties to the agreement such that (i) the
Additional Series B Investors will be deemed "Stockholders," as such term is
defined in the Agreement, subject to all the terms and conditions applicable to
Stockholders set forth therein and (ii) all of the shares of Series B Preferred
Stock held of record by the Additional Series B Investors will constitute
"Preferred Stock," as such term is defined in the Agreement, subject to all the
terms and conditions applicable to Preferred Stock set forth herein.
2. The Agreement, as supplemented and modified by this Amendment,
together with the other writings referred to in the Agreement or delivered
pursuant thereto which form a part thereof, contain the entire agreement among
the parties with respect to the subject matter thereof and amend, restate and
supersede all prior and contemporaneous arrangements or understandings with
respect thereto.
3. Upon the effectiveness of this Amendment, on and after the date
hereof, each reference in the Agreement to "this Agreement," "hereunder,"
"hereof," "herein" or words of like import, and each reference in the other
documents entered
into in connection with the Agreement, shall mean and be a reference to the
Agreement, as amended hereby. Except as specifically amended above, the
Agreement shall remain in full force and effect and is hereby ratified and
confirmed.
4. This Amendment shall be governed by the laws of the State of New
York, notwithstanding the conflict-of-law doctrines of New York or any other
jurisdiction to the contrary.
5. This Amendment may be executed in any number of counterparts, and
each such counterpart shall be deemed to be an original instrument, but all such
counterparts together shall constitute but one agreement.
IN WITNESS WHEREOF the parties hereto have executed this Amendment on
the date first above written.
GIGA INFORMATION GROUP, INC.
By:
-----------------------------------
Title: Chief Executive Officer
-----------------------------------
ACORN INVESTMENT TRUST,
Series Designated Acorn Fund
By:
-----------------------------------
Title:
-----------------------------------
2
21ST CENTURY COMMUNICATIONS PARTNERS, L.P.
by Infomedia Associates, Ltd., its General Partner
By:
-----------------------------------
Title:
-----------------------------------
3
amended hereby. Except as specifically amended above, the Agreement shall remain
in full force and effect and is hereby ratified and confirmed.
4. This Amendment shall be governed by the laws of the State of New
York, notwithstanding the conflict-of-law doctrines of New York or any other
jurisdiction to the contrary.
5. This Amendment may be executed in any number of counterparts, and
each such counterpart shall be deemed to be an original instrument, but all such
counterparts together shall constitute but one agreement.
IN WITNESS WHEREOF the parties hereto have executed this Amendment on
the date first above written.
GIGA INFORMATION GROUP, INC.
By:
-----------------------------------
Title:
-----------------------------------
ACORN INVESTMENT TRUST,
Series Designated Acorn Fund
By:
-----------------------------------
Title:
-----------------------------------
21ST CENTURY COMMUNICATIONS PARTNERS, L.P.
by Infomedia Associates, Ltd., its General Partner
By:
-----------------------------------
Title:
-----------------------------------
2
amended hereby. Except as specifically amended above, the Agreement shall remain
in full force and effect and is hereby ratified and confirmed.
4. This Amendment shall be governed by the laws of the State of New
York, notwithstanding the conflict-of-law doctrines of New York or any other
jurisdiction to the contrary.
5. This Amendment may be executed in any number of counterparts, and
each such counterpart shall be deemed to be an original instrument, but all such
counterparts together shall constitute but one agreement.
IN WITNESS WHEREOF the parties hereto have executed this Amendment on
the date first above written.
GIGA INFORMATION GROUP, INC.
By:
-----------------------------------
Title:
-----------------------------------
ACORN INVESTMENT TRUST,
Series Designated Acorn Fund
By:
-----------------------------------
Title:
-----------------------------------
21ST CENTURY COMMUNICATIONS PARTNERS, L.P.
by Infomedia Associates, Ltd., its General Partner
By:
-----------------------------------
Title:
-----------------------------------
2
21ST CENTURY COMMUNICATIONS FOREIGN PARTNERS, L.P.
by Infomedia Associates, Ltd., its General Partner
By:
-----------------------------------
Title:
-----------------------------------
21ST CENTURY COMMUNICATIONS T.E. PARTNERS, L.P.
by Infomedia Associates, Ltd., its General Partner
By:
-----------------------------------
Title:
-----------------------------------
XXXXXXXX FOREIGN PARTNERS, L.P.
By:
-----------------------------------
Title:
-----------------------------------
XXXXXXXX PARTNERS, L.P.
By:
-----------------------------------
Title:
-----------------------------------
SG PARTNERS, L.P.
by S(squared) Technology Corporation, its General Partner
By:
-----------------------------------
Title:
-----------------------------------
3
21ST CENTURY COMMUNICATIONS FOREIGN PARTNERS, L.P.
by Infomedia Associates, Ltd., its General Partner
By:
-----------------------------------
Title:
-----------------------------------
21ST CENTURY COMMUNICATIONS T.E. PARTNERS, L.P.
by Infomedia Associates, Ltd., its General Partner
By:
-----------------------------------
Title:
-----------------------------------
XXXXXXXX FOREIGN PARTNERS, L.P.
By:
-----------------------------------
Title:
-----------------------------------
XXXXXXXX PARTNERS, L.P.
By:
-----------------------------------
Title:
-----------------------------------
SG PARTNERS, L.P.
by S(squared) Technology Corporation, its General Partner
By:
-----------------------------------
Title:
-----------------------------------
3
21ST CENTURY COMMUNICATIONS FOREIGN PARTNERS, L.P.
by Infomedia Associates, Ltd., its General Partner
By:
-----------------------------------
Title:
-----------------------------------
21ST CENTURY COMMUNICATIONS T.E. PARTNERS, L.P.
by Infomedia Associates, Ltd., its General Partner
By:
-----------------------------------
Title:
-----------------------------------
XXXXXXXX FOREIGN PARTNERS, L.P.
By:
-----------------------------------
Title:
-----------------------------------
XXXXXXXX PARTNERS, L.P.
By:
-----------------------------------
Title:
-----------------------------------
SG PARTNERS, L.P.
by S(squared) Technology Corporation, its General Partner
By:
-----------------------------------
Title:
-----------------------------------
3
21ST CENTURY COMMUNICATIONS FOREIGN PARTNERS, L.P.
by Infomedia Associates, Ltd., its General Partner
By:
-----------------------------------
Title:
-----------------------------------
21ST CENTURY COMMUNICATIONS T.E. PARTNERS, L.P.
by Infomedia Associates, Ltd., its General Partner
By:
-----------------------------------
Title:
-----------------------------------
XXXXXXXX FOREIGN PARTNERS, L.P.
By:
-----------------------------------
Title:
-----------------------------------
XXXXXXXX PARTNERS, L.P.
By:
-----------------------------------
Title:
-----------------------------------
SG PARTNERS, L.P.
by S(squared) Technology Corporation, its General Partner
By:
-----------------------------------
Title:
-----------------------------------
3
21ST CENTURY COMMUNICATION FOREIGN PARTNERS, L.P.
by Infomedia Associates, Ltd., its General Partner
By:
-----------------------------------
Title:
-----------------------------------
21ST CENTURY COMMUNICATIONS T.E. PARTNERS, L.P.
by Infomedia Associates, Ltd., its General Partner
By:
-----------------------------------
Title:
-----------------------------------
XXXXXXXX FOREIGN PARTNERS, L.P.
By:
-----------------------------------
Title:
-----------------------------------
SG PARTNERS, L.P.
by S(squared) Technology Corporation, its General Partner
10
By:
-----------------------------------
Title:
-----------------------------------
3
CORE TECHNOLOGY FUND, INC.
By:
-----------------------------------
Title:
-----------------------------------
XXXXXXX X. XXXXXXXX CHARITABLE
REMAINDER UNITRUST
By:
-----------------------------------
Title:
-----------------------------------
XXXXXX UNIVERSITY
By:
-----------------------------------
Title:
-----------------------------------
FOUNDATION PARTNERS
By:
-----------------------------------
Title:
-----------------------------------
TAMPSCO II PARTNERSHIP
By:
-----------------------------------
Title:
-----------------------------------
4
CORE TECHNOLOGY FUND, INC.
By:
-----------------------------------
Title:
-----------------------------------
XXXXXXX X. XXXXXXXX CHARITABLE
REMAINDER UNITRUST
By:
-----------------------------------
Title:
-----------------------------------
XXXXXX UNIVERSITY
By:
-----------------------------------
Title:
-----------------------------------
FOUNDATION PARTNERS
By:
-----------------------------------
Title:
-----------------------------------
TAMPSCO II PARTNERSHIP
By:
-----------------------------------
Title:
-----------------------------------
4
CORE TECHNOLOGY FUND, INC.
By:
-----------------------------------
Title:
-----------------------------------
XXXXXXX X. XXXXXXXX CHARITABLE
REMAINDER UNITRUST
By:
-----------------------------------
Title:
-----------------------------------
XXXXXX UNIVERSITY
By:
-----------------------------------
Title:
-----------------------------------
FOUNDATION PARTNERS
By:
-----------------------------------
Title:
-----------------------------------
TAMPSCO II PARTNERSHIP
By:
-----------------------------------
Title:
-----------------------------------
4
CORE TECHNOLOGY FUND, INC.
By:
-----------------------------------
Title:
-----------------------------------
XXXXXXX X. XXXXXXXX CHARITABLE
REMAINDER UNITRUST
By:
-----------------------------------
Title:
-----------------------------------
XXXXXX UNIVERSITY
By:
-----------------------------------
Title:
-----------------------------------
FOUNDATION PARTNERS
By:
-----------------------------------
Title:
-----------------------------------
TAMPSCO II PARTNERSHIP
By:
-----------------------------------
Title:
-----------------------------------
4
CORE TECHNOLOGY FUND, INC.
By:
Title:
XXXXXXX X. XXXXXXXX CHARITABLE
REMAINDER UNITRUST
By:
-----------------------------------
Title:
-----------------------------------
XXXXXX UNIVERSITY
By:
-----------------------------------
Title:
-----------------------------------
FOUNDATION PARTNERS
By:
-----------------------------------
Title:
-----------------------------------
TAMPSCO II PARTNERSHIP
By:
-----------------------------------
Title:
-----------------------------------
4
ROCHESTER INSTITUTE OF TECHNOLOGY
By:
-----------------------------------
Title:
-----------------------------------
XXXXXXXXXX SMALL CAP PARTNERS, L.P.
by Xxxxxxxxxx Asset Management, L.P., its investment advisor
By:
-----------------------------------
Title:
-----------------------------------
XXXXXXXXXX SMALL CAP PARTNERS II, L.P.
by Xxxxxxxxxx Asset Management, L.P., its investment advisor
By:
-----------------------------------
Title:
-----------------------------------
HAUSSMAN HOLDINGS
by Xxxxxxxxxx Asset Management, L.P., its investment advisor
By:
-----------------------------------
Title:
-----------------------------------
QUOTA FUND N.V.
by Xxxxxxxxxx Asset Management, L.P., its investment advisor
By:
-----------------------------------
Title:
-----------------------------------
5
XXXXXXXXXX SMALL CAP PARTNERS, L.P.
by Xxxxxxxxxx Asset Management, L.P., its General Partner
By:
-----------------------------------
Title:
-----------------------------------
XXXXXXXXXX SMALL CAP PARTNERS II, L.P.
by Xxxxx High, its General Partner
By:
-----------------------------------
Title:
-----------------------------------
HAUSSMAN HOLDINGS
by Xxxxxxxxxx Asset Management, L.P., its attorney-in-fact
By:
-----------------------------------
Title:
-----------------------------------
QUOTA FUND N.V.
by Xxxxxxxxxx Asset Management, L.P., its attorney-in-fact
By:
-----------------------------------
Title:
-----------------------------------
NOSROB INVESTMENTS LTD.
by Xxxxxxxxxx Asset Management, L.P., its attorney-in-fact
By:
-----------------------------------
Title:
-----------------------------------
5
XXXXXXXXXX SMALL CAP PARTNERS, L.P.
by Xxxxxxxxxx Asset Management L.P., its General Partner
By:
-----------------------------------
Title:
-----------------------------------
XXXXXXXXXX SMALL CAP PARTNERS II, L.P.
by Xxxxx High, its General Partner
By:
-----------------------------------
Title:
-----------------------------------
HAUSSMANN HOLDINGS
by Xxxxxxxxxx Asset Management, L.P., its attorney-in-fact
By:
-----------------------------------
Title:
-----------------------------------
QUOTA FUND N.V.
by Xxxxxxxxxx Asset Management, L.P., its attorney-in-fact
By:
-----------------------------------
Title:
-----------------------------------
NOSROB INVESTMENTS LTD.
by Xxxxxxxxxx Asset Management, L.P., its attorney-in-fact
By:
-----------------------------------
Title:
-----------------------------------
5
XXXXXXXXXX SMALL CAP PARTNERS III, L.P.
by Xxxxx High, its General Partner
By:
-----------------------------------
Title:
-----------------------------------
POMONA CAPITAL II, L.P.
By:
-----------------------------------
Title:
-----------------------------------
BAUPOST LIMITED PARTNERSHIP 1983 C-1
By:
-----------------------------------
Title:
-----------------------------------
6
NOSROB INVESTMENTS LTD.
by Xxxxxxxxxx Asset Management, L.P., its investment advisor
By:
-----------------------------------
Title:
-----------------------------------
XXXXXXXXXX SMALL CAP PARTNERS III, L.P.
by Xxxxxxxxxx Asset Management L.P., its investment advisor
By:
-----------------------------------
Title:
-----------------------------------
POMONA CAPITAL II, L.P.
By:
-----------------------------------
Title:
-----------------------------------
BAUPOST LIMITED PARTNERSHIP 1983 C-1
By:
-----------------------------------
Title:
-----------------------------------
6
NOSROB INVESTMENTS LTD.
by Xxxxxxxxxx Asset Management, L.P., its investment advisor
By:
-----------------------------------
Title:
-----------------------------------
XXXXXXXXXX SMALL CAP PARTNERS III, L.P.
by Xxxxxxxxxx Asset Management L.P., its investment advisor
By:
-----------------------------------
Title:
-----------------------------------
POMONA CAPITAL II, L.P.
By:
-----------------------------------
Title:
-----------------------------------
BAUPOST LIMITED PARTNERSHIP 1983 C-1
By:
-----------------------------------
Title:
-----------------------------------
6
KENSINGTON PARTNERS
By:
-----------------------------------
Title:
-----------------------------------
7
