Form of Information Agent Agreement
Exhibit h.4
Form of Information Agent Agreement
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PROXY SOLICITATION • CORPORATE GOVERNANCE • SECURITY HOLDER IDENTIFICATION • BANKRUPTCY SERVICES
March 22, 2006
Hercules Technology Growth Capital, Inc.
0000 Xxxxx Xxxx
Xxxxxxxx Xxxx, Xx 00000
Attn: | Mr. Xxxxx Xxxxxx, | |
Chief Legal Officer |
Dear Xxxxx:
This letter will serve as the agreement (the “Agreement”) between The Xxxxxx Group, Inc. (“The Xxxxxx Group”) and Hercules Technology Growth Capital, Inc. (the “Equity Fund”), pursuant to which The Xxxxxx Group will provide the services set forth below in connection with the Equity Fund’s rights offering, which is expected to commence on or about April 13, 2006.
1. Description of Services
a) | The services to be provided by The Xxxxxx Group under this agreement include, but are not limited to: |
i) | The contacting of banks, brokers and intermediaries to determine the number of beneficial owners service by each; |
ii) | The distribution of the offering documents to banks, brokers and intermediaries and the forwarding of additional materials as requested; |
iii) | The printing of documents if requested; |
iv) | The set up of a dedicated toll-free number to respond to inquiries, provide assistance to Shareholders and monitor the response to the offer; |
v) | The enclosing and mailing of the offering documents to interested Shareholders; |
vi) | Providing periodic reports, as requested. |
b) | If requested by the Equity Fund, The Xxxxxx Group will, for an additional fee (set forth below), proactively contact registered Shareholders and/ or non-objecting beneficial holders (NOBOs) to help promote a high level of participation in the offer. |
The Xxxxxx Group, Inc. • 0000 Xxxx Xxxxxx Xxxx, 0xx Xx., Xxxxxxxxx, XX 00000 • Tel: 000.000.0000 • Fax: 000.000.0000 • xxx.xxxxxxxxxxx.xxx
2. Fees
a) | The Xxxxxx Group agrees to perform the services described above for a base fee of $5,000 plus reasonable out-of-pocket expenses. The base fee shall be paid at such time as this agreement is executed. |
b) | The Equity Fund will reimburse The Xxxxxx Group for reasonable out-of-pocket expenses, which may include postage, telephone and courier charges, data transmission charges and other expenses approved by the Equity Fund. Any out-of-pocket expenses incurred will be invoiced to the Equity Fund after the completion of the rights offering. Copies of supplier invoices and other back-up material in support of The Xxxxxx Group’s out-of-pocket expenses shall be available for review upon reasonable notice at the offices of The Xxxxxx Group during normal business hours. |
c) | A toll free number as been designated for this assignment and an additional fee of $600 plus a $5.00 per telephone call fee will be charged for every inbound telephone call received from a shareholder regarding the Equity Fund’s rights offering. |
d) | The additional fee for contacting NOBOs and registered shareholders, if requested, will include a fee of $5.00 per shareholder contacted, and out-of-pocket expenses related to telephone number lookups and line charges. |
3. Confidentiality
The Xxxxxx Group and the Equity Fund agree that all books, records, information and data pertaining to the business of the other party which are exchanged or received pursuant to the negotiation or the carrying out of the Agreement shall remain confidential and shall not be voluntarily disclosed to any other person, except as may be required by law. The Xxxxxx Group shall not disclose or use any nonpublic information (as that term is defined in SEC Regulation S-P promulgated under Title V of the Xxxxx-Xxxxx-Xxxxxx Act of 1999 relating to the customers of the Equity Fund and/or it’s affiliates (“Customer Information”) except as may be necessary to carry out the purposes of this Agreement. The Xxxxxx Group shall use best efforts to safeguard and maintain the confidentiality of such Customer Information and to limit access to and usage of such Customer Information to those employees, officers, agents and representatives of The Xxxxxx Group who have a need to know the information or as necessary to provide the services under this Agreement.
4. Indemnification
a) | The Xxxxxx Group shall be entitled to rely upon any written instructions or directions furnished to it by an appropriate Officer of the Equity Fund (President, Vice President, Secretary, Assistant Secretary or Treasurer) in conformity with the provisions of this Agreement. The Xxxxxx Group shall not be under any duty or obligation to inquire into the validity or invalidity or authority or lack thereof of any instruction or direction from an Officer of the Equity Fund which conforms to the applicable requirements of this Agreement and which The Xxxxxx Group reasonably believes to be genuine. |
b) | The Equity Fund will indemnify The Xxxxxx Group against and hold it harmless from all liability and expense which may arise out of, or, in connection with the services described in this Agreement or the instructions or directions furnished to The Xxxxxx Group relating to this Agreement by an appropriate Officer of the Equity Fund, except for any liability or expense which shall arise out of the negligence, bad faith or willful misconduct of The Xxxxxx Group. |
c) | The Xxxxxx Group shall be responsible for and shall indemnify and hold the Equity Fund harmless from and against any and all losses, damages, costs charges, counsel fees, payments, expenses, and liability arising out of, or, attributable to the Xxxxxx Group’s negligence, bad faith, or, willful misconduct. |
5. Termination
This Agreement shall remain in effect until the conclusion of the Equity Fund rights offering, or, prior to that, upon 30 days’ written notice by either party to the other.
6. Governing Law
This Agreement will be governed and construed in accordance with the laws of the State of Massachusetts, without regard to the principles of conflicts of law.
7. Amendments
This Agreement, or any term of this Agreement, may be changed or waived only by written amendment signed by a duly authorized representative of each party to this Agreement.
8. Assignment
This Agreement shall not be assigned without the prior written consent of each party to the Agreement.
9. Counterparts
This Agreement may be executed in two or more counterparts, each of which shall be deemed an original, but, all of which shall constitute one and the same Agreement.
10. Captions
The captions and descriptive headings in this Agreement are only for the Convenience of the parties. They do not in any way define or limit any of the terms of this Agreement.
11. Severability
If any of provision of this Agreement shall be held invalid by a court decision, statute rule or otherwise, the remainder of the Agreement shall not be affected.
12. Survival
The provisions of Sections 3, 4 and 6 shall survive any termination, for any reason, this Agreement.
If you are in agreement with the above, kindly sign a copy of this Agreement in the space provided for that purpose below and return one copy to us. Additionally, an invoice for the base fee is attached and The Xxxxxx Group requires that we receive this fee prior to the mailing of the offering materials.
Sincerely, | ||||
THE XXXXXX GROUP, INC. | ||||
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Xxxxxxxxx Xxxxx | ||||
Executive Managing Director | ||||
AGREED: | ||||
Hercules Technology Growth Capital, Inc. | ||||
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Print Authorized Name | ||||
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Authorized Signature | ||||
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