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EXHIBIT 10.22
AMENDMENT NUMBER ONE TO
INVESTORS' AGREEMENT
THIS AMENDMENT NUMBER ONE TO INVESTORS' AGREEMENT dated as of July __,
2000, by and among the individuals set forth on Exhibit A attached hereto
(individually and collectively referred to as "Sellers"), SynQuest, Inc., a
corporation formed under the laws of the State of Georgia and successor to
Factory Automation & Computer Technologies, Inc., a corporation formed under the
laws of the State of New York ("Buyer"), and Warburg, Xxxxxx Investors, L.P., a
Delaware limited partnership ("Warburg"), which amends that certain Investors'
Agreement dated as of February 23, 1996 (the "Original Agreement").
W I T N E S S E T H:
WHEREAS, in consideration of cash and an aggregate of 622,005 shares of
Buyer's common stock, par value $0.01 per share ("Common Stock"), Buyer acquired
all of the issued and outstanding shares of Log'In, a societe anonyme formed
under the laws of France, from ABR Europe S.A., A.D.I. S.A., corporations formed
under the laws of France (collectively, the "Dissolved Owners"), and the
Original Sellers (as identified on Exhibit A attached hereto), pursuant to that
certain Stock Purchase Agreement dated February 23, 1996 (the "Stock Purchase
Agreement");
WHEREAS, contemporaneously with the execution and delivery of the Stock
Purchase Agreement, Buyer, Warburg, the Dissolved Owners and the Original
Sellers entered into the Original Agreement;
WHEREAS, subsequent to the execution of the Original Agreement, each of
the Distributee Sellers (as identified on Exhibit A attached hereto) acquired
from the Dissolved Owners or their beneficial owners, in one or more
transactions or series of related transactions, such number of shares of Common
Stock as is set forth opposite his or her name on Exhibit A attached hereto;
WHEREAS, the Dissolved Owners no longer own, beneficially or of record,
any shares of Common Stock;
WHEREAS, each of the Sellers owns beneficially and of record such
number of shares of Common Stock as is set forth opposite his or her name on
Exhibit A attached hereto; and
WHEREAS, Sellers, Buyer and Warburg desire to amend the Original
Agreement as more fully set forth herein.
NOW, THEREFORE, in consideration of the premises and the mutual
promises contained herein, and other good and valuable consideration, the
receipt and sufficiency of which are hereby acknowledged, Sellers, Buyer and
Warburg do hereby agree to amend the Original Agreement as follows:
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There shall be added to the Original Agreement a new Article VI which shall read
as follows:
"ARTICLE VI. TERMINATION.
This Agreement shall terminate upon the closing of an
initial public offering of Buyer's common stock, par value
$.01 per share."
Except as amended herein, the provisions of the Original Agreement
shall remain in full force and effect.
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IN WITNESS WHEREOF, each of Sellers, Buyer and Warburg has caused its
duly authorized representative to execute this Amendment Number One to
Investors' Agreement on its behalf as of the date first above written.
BUYER:
SYNQUEST, INC.
By:
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Name:
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Title:
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ORIGINAL SELLERS:
By:
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Xxxxxxx Xxxxxxxxx
By:
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Xxxxxx Xxxxxxxxx
By:
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Pierre-Xxxxx Xxxxxxxx
By:
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Xxxxxxxx Xxxx
By:
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Xxxxxxxx Xxxxxx
DISTRIBUTEE SELLERS
By:
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Xxxxx Xxxxxx
By:
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Xxxxxx Litrowski
By:
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Xxxxxxx Litrowski
By:
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Xxxxxxxxx Wajsmann
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By:
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Serge Lancrey-Javal
By:
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Laurent Lancrey-Javal
By:
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Xxxxxxxxx Litrowski
By:
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Xxxxxxxx Litrowski
By:
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Xxxxxx Xxxxxxx
WARBURG:
WARBURG, XXXXXX INVESTORS, L.P.
By:
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Name:
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Title:
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EXHIBIT A
SELLERS
NUMBER OF
ORIGINAL SELLERS SHARES
---------------- ---------
Xxxxxxx Xxxxxxxxx.................................... 239,290
Xxxxxx Xxxxxxxxx..................................... 16,099
Pierre-Xxxxx Xxxxxxxx................................ 19,832
Xxxxxxxx Xxxx........................................ 56,346
Xxxxxxxx Xxxxxx...................................... 11,709
DISTRIBUTEE SELLERS
Xxxxx Xxxxxx......................................... 43,174
Xxxxxx Litrowski..................................... 178,028
Xxxxxxx Litrowski.................................... 28,656
Xxxxxxxxx Wajsmann................................... 17,199
Serge Lancrey-Javal.................................. 11,458
Laurent Lancrey-Javal................................ 73
Xxxxxxxxx Litrowski.................................. 68
Xxxxxxxx Litrowski................................... 68
Xxxxxx Xxxxxxx....................................... 5
