AMENDMENT NO. 1 TO COMMON STOCK PURCHASE AGREEMENT
Exhibit 10.2
AMENDMENT NO. 1 TO
COMMON STOCK PURCHASE AGREEMENT
THIS AMENDMENT NO. 1 (this “Amendment No. 1”) to the Common Stock Purchase Agreement, dated as of December 7, 2004, by and among INTERMIX MEDIA, INC., a Delaware corporation (the “Company”) and the investors listed on Schedule A-1 hereto (the “Prior Purchasers”) (collectively, the “Agreement”) is made as of December 17, 2004, by and among the Company, Prior Purchasers and the investors listed on Schedule A-2 hereto (the “New Purchasers,” and together with the Prior Purchasers, the “Investors”).
In consideration of the foregoing premises and the mutual covenants and conditions set forth below, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties to this Amendment No. 1, intending to be legally bound, agree as follows (capitalized terms used in this Amendment No. 1 but not defined herein shall have the meaning assigned to them in the Agreement);
(a) By executing this Amendment No. 1 below, each New Purchaser shall become a “Purchaser” under the Agreement, and agrees to be bound by and subject to the terms and conditions of the Agreement as amended by this Amendment No. 1 (the Agreement as so amended, the “Amended Agreement”).
(b) By executing this Amendment No. 1 below, the Company and each Prior Purchaser consents to the addition as a “Purchaser” under the Agreement (and the Amended Agreement) each of the New Purchasers.
3. Waiver of Sections 8.6 and 9.5. The Company and each Investor hereby waive the application of Sections 8.6 and 9.5.
4. Satisfaction of Sections 8.3 and 9.3.
(a) Each Investor hereby represents and warrants that the representations and warranties of such Investor (as a Purchaser under the Amended Agreement) are true and correct in all material respects as of the date hereof (except for representations and warranties that speak as of a specific date, which representations and warranties shall be true and correct as of such date), and that such Purchaser has performed, satisfied and complied in all material respects with the covenants, agreements and conditions required by the Amended Agreement to be performed, satisfied or complied with by such Purchaser at or prior to the Closing Date, except as specifically waived in this Amendment No. 1.
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(b) The Company hereby represents and warrants that the representations and warranties of the Company are true and correct in all material respects as of the date hereof (except for representations and warranties that speak as of a specific date, which representations and warranties shall be true and correct as of such date) and the Company has performed, satisfied and complied in all material respects with the covenants, agreements and conditions required by the Amended Agreement to be performed, satisfied or complied with by the Company at or prior to the Closing Date, except as specifically waived in this Amendment No. 1.
(c) The Company and each Investor hereby waive the requirements in Sections 8.3 and 9.3 that the Purchasers (under Section 8.3) and the Company (under Section 9.3) deliver the certificates referenced under such sections; provided, however, that the Company shall deliver to the Purchasers a certificate upon the Closing, executed on behalf of the Company by its Secretary, dated as of the Closing Date, attaching true and correct copies of the resolutions adopted by the Company’s Board of Directors authorizing the execution, delivery and performance by the Company of its obligations under the Amended Agreement and the Investor Rights Agreement.
**End of Amendment No. 1 – Signature Page Follows**
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COMPANY:
By: |
/s/ Xxxxxxx Xxxxxxxxxx | |
Name: |
Xxxxxxx Xxxxxxxxxx | |
Title: |
Chief Executive Officer |
INVESTORS:
Redpoint Ventures I, L.P., by its General Partner | ||
Redpoint Ventures I, LLC | ||
By: |
/s/ Xxxxxxxx X Xxxx | |
Print Name and Title: |
Xxxxxxxx X Xxxx, Managing Director | |
Redpoint Associates I, LLC, as nominee | ||
By: |
/s/ Xxxxxxxx X Xxxx | |
Print Name and Title: |
Xxxxxxxx X Xxxx, Managing Director | |
Redpoint Ventures II, L.P. by its General Partner | ||
Redpoint Ventures II, LLC | ||
By: |
/s/ Xxxxxxxx X Xxxx | |
Print Name and Title: |
Xxxxxxxx X Xxxx, Managing Director | |
Redpoint Associates II, LLC, as nominee | ||
By: |
/s/ Xxxxxxxx X Xxxx | |
Print Name and Title: |
Xxxxxxxx X Xxxx, Managing Director | |
Redpoint Technology Partners Q-1, L.P., by its General Partner | ||
By: |
/s/ Xxxxxxxx X Xxxx | |
Print Name and Title: |
Xxxxxxxx X Xxxx, Managing Director | |
Redpoint Technology Partners A-1, L.P., by its General Partner | ||
By: |
/s/ Xxxxxxxx X Xxxx | |
Print Name and Title: |
Xxxxxxxx X Xxxx, Managing Director |
SCHEDULE A-1
PRIOR PURCHASERS
Redpoint Ventures I, L.P.
Redpoint Associates I, LLC, as nominee
Redpoint Ventures II, L.P.
Redpoint Associates II, LLC, as nominee
SCHEDULE A-2
NEW PURCHASERS
Redpoint Technology Partners Q-1, L.P.
Redpoint Technology Partners A-1, L.P.
EXHIBIT A
AMENDED AND RESTATED SCHEDULE OF PURCHASERS
Name of Purchaser |
Number of Shares |
Number of Shares Issuable Upon Exercise of Warrant |
Aggregate Purchase Price | ||||
Redpoint Ventures I, L.P. |
304,032 | 45,605 | $ | 1,216,128.00 | |||
Redpoint Associates I, LLC, as nominee |
7,796 | 1,169 | $ | 31,184.00 | |||
Redpoint Ventures II, L.P. |
609,561 | 91,435 | $ | 2,438,244.00 | |||
Redpoint Associates II, LLC, as nominee |
14,095 | 2,114 | $ | 56,380.00 | |||
Redpoint Technology Partners Q-1, L.P. |
55,627 | 8,344 | $ | 222,508.00 | |||
Redpoint Technology Partners A-1, L.P. |
8,889 | 1,333 | $ | 35,556.00 | |||
Total |
1,000,000 | 150,000 | $ | 4,000,000.00 |