EXHIBIT 10.7
AMENDMENT NO. 1 TO
THIRD AMENDED AND RESTATED REGISTRATION RIGHTS AGREEMENT
This Amendment No. 1 (the "Amendment") to the Third Amended and
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Restated Registration Rights Agreement (the "Agreement") dated as of June 28,
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1996 by and among Preview Travel, Inc., a California corporation (the
"Company"), and certain of the Company's investors, is made this 26th day of
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September, 1997 by and among the Company, the investors listed on Schedule A
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hereto (the "Investors") and the undersigned holders of at least a majority of
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the Registrable Securities (as defined in the Agreement), who shall hereinafter
be referred as the "Consenting Holders."
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The Company has granted to the holders of its Series A Preferred
Stock, Series B Preferred Stock, Series C Preferred Stock, Series D Preferred
Stock and Series E Preferred Stock registration and other rights under the
Agreement;
The Company proposes to sell and issue to the Investors shares of
Series E Preferred Stock pursuant to that certain Series E Preferred Stock
Purchase Agreement, dated June 28, 1996, as amended by that certain Amendment
No. 1 to the Series E Preferred Stock Purchase Agreement dated of even date
herewith (the "Series E Amendment"); and
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As a condition of entering into the Series E Amendment, the Investors
have requested that the Company extend to them the registration and other rights
that were extended to the holders of the Registrable Securities.
The Consenting Holders have agreed to the extension of such rights to
the Investors.
In consideration of the mutual covenants set forth herein and for
other good and valuable consideration, the receipt of which is hereby
acknowledged, the undersigned hereby consent and agree as follows:
1. All terms not defined herein shall have the meaning set forth in
the Agreement.
2. Each Investor shall be deemed a party to the Agreement and shall
be deemed a "Holder" for purposes of the Agreement and shall be entitled to all
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of the rights, benefits and privileges of, and subject to all of the
restrictions on, a "Holder" under the Agreement.
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3. Each Investor shall be deemed to be both a "Series E Purchaser"
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and a "Purchaser" for purposes of the Agreement.
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4. Each share of Series E Preferred Stock acquired by an Investor
shall be deemed to be both "Series E Preferred" and "Preferred" for purposes of
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the Agreement.
5. This Amendment shall become effective upon the execution of this
Amendment by the Company and the holders of at least a majority of the
Registrable Securities.
6. Except as otherwise specifically provided herein, the Agreement
shall remain in full force and effect, and the undersigned shall be entitled to
all the rights and subject to all the restrictions thereunder.
7. This Amendment may be executed in one or more counterparts, each
of which shall be an original but all of which, taken together, shall constitute
one and the same.
8. This Amendment shall be governed in all respects by the laws of
the State of California.
[SIGNATURE PAGES FOLLOW]
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The foregoing agreement is hereby executed as of the date first above
written.
COMPANY
PREVIEW TRAVEL, INC.,
a California corporation
By: /s/ Xxxxx Xxxxxxx
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Name: Xxxxx Xxxxxxx
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Title: Executive Vice President
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CONSENTING HOLDER AND INVESTOR
US WEST Interactive Services, Inc.
By: /s/ US WEST Interactive Services, Inc.
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Title: President
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CONSENTING HOLDERS
Xxxxxxx Xxxxxxx Xxxxxxxx & Xxxxx VII
By: /s/ Xxxxxxx Xxxxxxx Xxxxxxxx & Xxxxx VII
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Title: General Partner
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KPCB VII Founders Fund
By: /s/ KPCB VII Founders Fund
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Title: General Partner
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SIGNATURE PAGE TO AMENDMENT NO.1 TO
THIRD AMENDED AND RESTATED REGISTRATION RIGHTS AGREEMENT
KPCB Information Sciences Zaibatsu Fund II
By: /s/ KPCB Information Sciences
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Zaibatsu Fund II
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Title: General Partner
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CONSENTING HOLDER
America Online, Inc.
By: /s/ America Online, Inc.
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Title: President & CEO - AOL Studios
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Xxxxx Xxxxxx Solutions, Inc.
By: /s/ Xxxxx Xxxxxx Solutions, Inc.
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Title: Senior Vice President
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SIGNATURE PAGE TO AMENDMENT NO.1 TO
THIRD AMENDED AND RESTATED REGISTRATION RIGHTS AGREEMENT
CONSENTING HOLDER AND INVESTOR
Xxxxx X. Xxxxxxxx and Xxxxxxx X. Xxxxxxxx,
Trustees of the Hornthal Living Trust dated
12/23/92
By: /s/ X. X. Xxxxxxxx
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Title: Trustee
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CONSENTING HOLDERS AND INVESTORS
Xxxxxx & Xxxx Xxxx Real Property Trust
By: /s/ Xxxxxx Xxxx
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Title: Trustee
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Xxxxxx & Xxxx Xxxx Family Foundation
By: /s/ Xxxxxx Xxxx
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Title: President
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Tahoe Partnership I
By: /s/ Xxxxx X. Xxxx
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Title: Custodian
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SIGNATURE PAGE TO AMENDMENT NO.1 TO
THIRD AMENDED AND RESTATED REGISTRATION RIGHTS AGREEMENT
Siam Partners II
By: /s/ Xxxxxx Xxxx
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Title: General Partner
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INVESTOR
Xxxxx Xxxxxxxx
/s/ X. Xxxxxxxx
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The Sapling Foundation
By: /s/ X. Xxxxxxxx
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Title: _____________________________________
Xxxxxx Xxxxxx
/s/ Xxxxxx Xxxxxx
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CONSENTING HOLDER AND INVESTOR
Moldaw Variable Fund
By: /s/ Xxxxxx X. Xxxxxx
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Title: General Partner
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SIGNATURE PAGE TO AMENDMENT NO.1 TO
THIRD AMENDED AND RESTATED REGISTRATION RIGHTS AGREEMENTS
H & Q Preview Media Investors, L.P.
By: /s/ X. Xxxxxxxxxxxx
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Title: Attorney-in-Fact
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INVESTOR
The Xxxxxx Family Trust
By: /s/ Xxx X. Xxxxxx
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Title: Trustee
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INVESTORS
Spitfire Capital Partners, L.P.
By: /s/ Spitfire Capital Partners, L.P.
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Title: Chairman
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Xxxxxxxxxx Associates 1992 L.P.
By: /s/ Xxxxxxxxxx Associates 1992 L.P.
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Title: Managing Partner
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SIGNATURE PAGE TO AMENDMENT NO.1 TO
THIRD AMENDED AND RESTATED REGISTRATION RIGHTS AGREEMENT
INVESTOR
Xxxxxxx X. Xxxx
/s/ Xxxxxxx X. Xxxx
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INVESTORS
Pequot Private Equity Fund L.P.
By: /s/ Pequot Private Equity Fund L.P.
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Title: CFO, DSCMI, Investment Advisor
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Pequot Offshore Private Equity Fund, L.P.
By: /s/ Pequot Offshore Private Equity
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Fund, L.P.
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Title: CFO, DSCMI, Investment Advisor
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Olympus Growth Fund II, L.P.
By: /s/ Xxxxx X. Xxxxxx
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Title: General Partner
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Olympus Executive Fund, L.P.
By: /s/ Xxxxx X. Xxxxxx
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Title: General Partner
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SIGNATURE PAGE TO AMENDMENT NO.1 TO
THIRD AMENDED AND RESTATED REGISTRATION RIGHTS AGREEMENT
INVESTOR
Xxxxxx Xxxxxxxxxxxxx
/s/ Xxxxxx Xxxxxxxxxxxxx
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The Xxxxx Xxxxxx, Xx. XXX Rollover
By: /s/ Xxxxx X. Xxxxxx
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Title: _____________________________________
Xxxx Xxxx
/s/ Xxxxxxx Xxxx
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Xxxxxxx X. Xxxxxxxxxx Revocable Trust
/s/ Xxxxxxx X. Xxxxxxxxxx - Trustee
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American National Bank and Trust Company of
Chicago as Trustee of the
Xxxxxx X. Chez XXX
By: /s/ American National Bank and
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Trust Company of Chicago
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Title: Vice President
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SIGNATURE PAGE TO AMENDMENT NO.1 TO
THIRD AMENDED AND RESTATED REGISTRATION RIGHTS AGREEMENT
INVESTORS
Xxxxxxxxx Partners
By: /s/ Xxxxxxx X. Xxxxxxxxx
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Title: General Partner
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Xxxxxxx X. Xxxxxxxxx
/s/ Xxxxxxx X. Xxxxxxxxx
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INVESTOR
Xxxxx X. Xxxxxxxx CRT No. 3 UTD 7/27/97
By: /s/ Xxxxx X. Xxxxxxxx
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Title: ______________________________________
Xxxxxx Xxxxxxxx
/s/ Xxxxxx Xxxxxxxx
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GENERAL ELECTRIC CAPITAL CORPORATION
By: /s/ Xxxx X. Xxxxxxx
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Name: Xxxx X. Xxxxxxx
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Title: SVP - Equity Capital
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SIGNATURE PAGE TO AMENDMENT NO.1 TO
THIRD AMENDED AND RESTATED REGISTRATION RIGHTS AGREEMENT
INVESTOR
/s/ Xxxxx X. Xxxxxxx
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Xxxxx X. Xxxxxxx
INVESTOR
/s/ Xxxxxxx Xxxxxxxx
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Xxxxxxx Xxxxxxxx
SIGNATURE PAGE TO AMENDMENT NO.1 TO
THIRD AMENDED AND RESTATED REGISTRATION RIGHTS AGREEMENT
EXHIBIT A
US WEST Interactive Services, Inc.
Xxxxx X. Xxxxxxxx and Xxxxxxx X. Xxxxxxxx, Trustees of the Hornthal Living Trust
dated 12/23/92
Xxxxxx & Xxxx Xxxx Real Property Trust
Xxxxxx & Xxxx Xxxx Family Foundation
Tahoe Partnership I
Siam Partners II
Xxxxx Xxxxxxxx
The Sapling Foundation
Xxxxxx Xxxxxx
Moldaw Variable Fund
H & Q Preview Media Investors, L.P.
The Xxxxxx Family Trust
Spitfire Capital Partners, X.X.
Xxxxxxxxxx Associates 1992 L.P.
Xxxxx Xxxxxxx
Xxxx Xxxxxxxx
Xxxxxxx X. Xxxx
Pequot Private Equity Fund L.P.
Pequot Offshore Private Equity Fund, Inc.
Olympus Growth Fund II, L.P.
Olympus Executive Fund, L.P.
Xxxxxx Xxxxxxxxxxxxx
The Xxxxx X. Xxxxxx, Xx. XXX Rollover
Xxxx Xxxx
Xxxxxxx X. Xxxxxxxxxx Revocable Trust
Xxxxxx X. Chez XXX
Xxxxxxxxx Partners
Xxxxxxx X. Xxxxxxxxx
Xxxxx X. Xxxxxxxx CRT No. 3 UTD 7/27/97
Xxxxxx Xxxxxxxx
General Electric Capital Corporation
