AMENDMENT TO AGREEMENT AND PLAN OF MERGER
EXHIBIT 10.8
AMENDMENT TO
THIS AMENDMENT TO AGREEMENT AND PLAN OF MERGER (the “Amendment”) is made as of this
3rd day of August 2005, by and among Tekelec, a California corporation (“Tekelec”),
Santera Systems Inc., a Delaware corporation (“Santera”), certain stockholders of Santera,
and Austin Ventures VI, L.P., a Delaware limited partnership (“Austin Ventures”), as the
Representative. Capitalized terms used herein that are not otherwise defined have the meanings set
forth in the Agreement and Plan of Merger dated as of April 30, 2003 by and between Tekelec, Luke
Acquisition Corp., Santera, the stockholders of Santera (the “Stockholders”), and the
Representative (the “Merger Agreement”).
WHEREAS, Tekelec, Santera, the Stockholders, and the Representative desire to amend the Merger
Agreement;
NOW THEREFORE, in consideration of the foregoing, and for other good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged, Tekelec, Santera, the
Stockholders, and the Representative agree as follows:
Section 1. Amendment. The following Section 12.20 is added to Article XII of the
Merger Agreement:
“Section 12.20 Acknowledgement and Agreement.
(a) Effective upon the August Call Closing Date (as defined in Section 3.4 of the
Stockholders’ Agreement dated as of April 30, 2003, as amended August 2, 2005, Tekelec, Santera,
the stockholders of Santera (the “Stockholders”), and the Representative (the
“Stockholders’ Agreement”)), Tekelec and Santera hereby acknowledge and agree that neither
the Representative nor any Legacy Santera Stockholder which has delivered to the Escrow Agent (for
further delivery to Tekelec) a completed and executed copy of the Letter of Transmittal in
accordance with the terms of Section 3.4 of the Stockholders’ Agreement shall have any further
obligations under this Agreement, including without limitation, any obligations under Article XI
hereof, except that the obligations of such Parties under Section 7.2(e) hereof shall continue in
full force and effect.
(b) Effective upon the August Call Closing Date (as defined in the Stockholders’ Agreement),
the Legacy Santera Stockholders and the Representative hereby acknowledge and agree that neither
Tekelec nor Santera has any further obligations under this Agreement, including without limitation,
any obligations under Article XI hereof, except that the obligations of such parties under Section
7.2(e) hereof shall continue in full force and effect.”
Section 2. Representations. Each of Tekelec and Santera hereby represent and warrant
that it has the full right, power and authority to enter into this Amendment and the
documents related hereto and upon the execution of this Amendment by Tekelec, Santera, the
Representative and the other Legacy Santera Stockholders who are parties to this Amendment, the
Merger Agreement, as amended by this Amendment, shall be binding on, and enforceable
against, it.
Each of the Representative and each of the Legacy Santera Stockholders who are parties to this
Amendment (“Signing Legacy Stockholders”) hereby represents and warrants that it has the
full right, power and authority to enter into this Amendment and the documents related hereto and
upon the execution by Tekelec, Santera, the Representative and the other Legacy Santera
Stockholders who are parties to this Amendment, the Merger Agreement, as amended by this Amendment,
shall be binding on, and enforceable against, it.
Section 3. Governing Law. This Amendment shall be governed by and construed under the
laws of the State of Delaware.
Section 4. Entire Agreement. This Amendment constitutes the entire agreement between
Santera, Tekelec, the Stockholders, and the Representative relating to the subject matter hereof,
and any previous understanding and/or agreement between Tekelec, Santera, the Legacy Santera
Stockholders, and the Representative regarding the subject matter hereof is superseded by this
Amendment.
Section 5. Counterparts. This Amendment may be executed in counterparts, each which
shall be deemed an original, and all of which shall constitute one and the same instrument.
* * * * *
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IN WITNESS WHEREOF, the parties hereto have executed this Amendment as of the day first above
written.
SANTERA SYSTEMS INC. | ||||||
By: | /s/ Xxxxxxxxx X. Xxx | |||||
Name: | Xxxxxxxxx X. Xxx | |||||
Title: | Chairman of the Board of Directors | |||||
TEKELEC | ||||||
By: | /s/ Xxxxxxxxx X. Xxx | |||||
Name: | Xxxxxxxxx X. Xxx | |||||
Title: | President and Chief Executive Officer | |||||
By: | /s/ Xxxxxx X. Xxxxxx | |||||
Name: | Xxxxxx X. Xxxxxx | |||||
Title: | Senior Vice President, Corporate | |||||
Affairs and General Counsel |
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AUSTIN VENTURES VI, L.P., as Representative | ||||||
By: | AV Partners VI, L.P., its General Partner | |||||
By: | /s/ Xxxxxx X. Xxxxxxx | |||||
Xxxxxx X. Xxxxxxx, General Partner | ||||||
AUSTIN VENTURES VI, L.P. | ||||||
By: | AV Partners VI, L.P., its General Partner | |||||
By: | /s/ Xxxxxx X. Xxxxxxx | |||||
Xxxxxx X. Xxxxxxx, General Partner | ||||||
AUSTIN VENTURES VI AFFILIATES FUND, L.P. | ||||||
By: | AV Partners VI, L.P., its General Partner | |||||
By: | /s/ Xxxxxx X. Xxxxxxx | |||||
Xxxxxx X. Xxxxxxx, General Partner | ||||||
AUSTIN VENTURES VIII, L.P. | ||||||
By: | AV Partners VIII, L.P., its General Partner | |||||
By: | /s/ Xxxxxx X. Xxxxxxx | |||||
Xxxxxx X. Xxxxxxx, General Partner | ||||||
REDPOINT VENTURES II, L.P., by its General Partner, Redpoint Ventures II, LLC | ||||||
By: | /s/ R. Xxxxxx Xxxx | |||||
R. Xxxxxx Xxxx, Managing Director | ||||||
REDPOINT ASSOCIATES II, LLC, as nominee | ||||||
By: | /s/ R. Xxxxxx Xxxx | |||||
R. Xxxxxx Xxxx, Managing Director |
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REDPOINT TECHNOLOGY PARTNERS Q-I, L.P., by its General Partner, Redpoint Ventures I, LLC | ||||||
By: | /s/ R. Xxxxxx Xxxx
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Name: | R. Xxxxxx Xxxx | |||||
Title: | Managing Director | |||||
REDPOINT TECHNOLOGY PARTNERS A-I, L.P., by its General Partner, Redpoint Ventures I, LLC | ||||||
By: | /s/ R. Xxxxxx Xxxx
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Name: | R. Xxxxxx Xxxx | |||||
Title: | Managing Director | |||||
MERITECH CAPITAL PARTNERS L.P. | ||||||
By: | Meritech Capital Associates L.L.C. its General Partner | |||||
By: | Meritech Management Associates L.L.C. a managing member | |||||
By: | /s/ Xxxxxxx X. Xxxxxx
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Name: | Xxxxxxx X. Xxxxxx | |||||
Title: | Managing Director | |||||
MERITECH CAPITAL AFFILIATES L.P. | ||||||
By: | Meritech Capital Associates L.L.C. its General Partner | |||||
By: | Meritech Management Associates L.L.C. a managing member | |||||
By: | /s/ Xxxxxxx X. Xxxxxx
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Name: | Xxxxxxx X. Xxxxxx | |||||
Title: | Managing Director |
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SEQUOIA CAPITAL FRANCHISE FUND, L.P. | ||||
By: SCFF Management, LLC | ||||
A Delaware Limited Liability Company General Partner |
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By: | /s/ Xxxx Xxxxxxx |
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Name: | Xxxx Xxxxxxx | |||
Title: | ||||
SEQUOIA CAPITAL FRANCHISE PARTNERS, L.P. | ||||
By: SCFF Management, LLC | ||||
A Delaware Limited Liability Company General Partner |
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By: | /s/ Xxxx Xxxxxxx |
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Name: | Xxxx Xxxxxxx | |||
Title: | ||||
SEQUOIA CAPITAL VIII, L.P. | ||||
By: SC VIII Management, LLC | ||||
A California Limited Liability Company General Partner |
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By: | /s/ Xxxx Xxxxxxx |
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Name: | Xxxx Xxxxxxx | |||
Title: | ||||
SEQUOIA INTERNATIONAL TECHNOLOGY PARTNERS VIII, L.P. | ||||
By: SC VIII Management, LLC | ||||
A California Limited Liability Company General Partner |
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By: | /s/ Xxxx Xxxxxxx |
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Name: | Xxxx Xxxxxxx | |||
Title: | ||||
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SEQUOIA INTERNATIONAL TECHNOLOGY PARTNERS VIII (Q), L.P. | ||||
By: SC VIII Management, LLC A California Limited Liability Company General Partner |
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By: Name: |
/s/ Xxxx Xxxxxxx |
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Title: | ||||
SEQUOIA 1997 | ||||
By: Name: |
/s/ Xxxx Xxxxxxx |
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Title: | ||||
CMS PARTNERS LLC | ||||
By: Name: |
/s/ Xxxx Xxxxxxx |
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Title: | ||||
INSTITUTIONAL VENTURE PARTNERS VIII, L.P., by its General Partner, Institutional Venture Management VIII, LLC | ||||
By: | /s/ R. Xxxxxx Xxxx
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R. Xxxxxx Xxxx, Managing Director | ||||
IVM INVESTMENT FUND VIII, LLC, by its | ||||
Manager,Institutional Venture Management VIII, | ||||
LLC | ||||
By: | /s/ R. Xxxxxx Xxxx
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R. Xxxxxx Xxxx, Managing Director | ||||
BROADBAND FUND, L.P., by its General Partner, BBF Management, LLC, by its Manager, Institutional Venture Management VIII, LLC | ||||
By: | /s/ R. Xxxxxx Xxxx
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R. Xxxxxx Xxxx, Managing Director |
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