EXHIBIT 10.12
FIRST AMENDMENT TO FOURTH AMENDED AND RESTATED
REGISTRATION RIGHTS AGREEMENT
THIS FIRST AMENDMENT, dated as of May 1, 2000 (this "Agreement"), to the
Fourth Amended and Restated Registration Rights Agreement dated as of April 11,
2000 (the "Registration Rights Agreement"), by and among SPEECHWORKS
INTERNATIONAL, INC., a Delaware corporation (the "Company") and the stockholders
of the Company named therein, is by and among the Company, the purchasers of the
Company's Series E Convertible Preferred Stock named on the signature page
hereto as Investors (collectively, the "Investors") and the Holders (as defined
herein). All other capitalized terms used herein and not otherwise defined have
their respective meanings set forth in the Registration Rights Agreement.
WHEREAS, InterVoice-Brite, Inc. ("InterVoice") holds a warrant to purchase
741,237 shares of the Company's Common Stock under the terms of that certain
Stock Purchase Warrant dated as of January 28, 1997 (the "InterVoice Warrant");
WHEREAS, the InterVoice Warrant contains certain registration rights with
respect to the shares issuable upon exercise of the Warrant;
WHEREAS, the Company and InterVoice-Brite desire to amend this Agreement in
order to provide to InterVoice the rights afforded under this Agreement in
consideration for InterVoice agreeing to execute and deliver that certain "lock-
up" letter agreement to Chase Securities, Inc. dated as of even date herewith;
WHEREAS, the Investors who are signatories hereto hold in the aggregate a
sufficient number of shares of Registrable Stock to amend the Registration
Rights Agreement in accordance with Section 14 thereof; and
NOW, THEREFORE, in consideration of the mutual covenants and agreements set
forth herein, the parties agree as follows.
1. Amendment. This Agreement is hereby amended as follows:
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(a) by adding the following subclause (d) to the defintion of "Registrable
Stock":
"all the shares of Common Stock issued or issuable upon exercise of
any warrant now or hereafter held by InterVoice-Brite, Inc.".
(b) by renumbering the current subclause "(d)" thereof as subclause "(e)".
(c) InterVoice shall be included as a Holder as defined in the Agreement.
2. Continued Effect. As amended hereby, the Registration Rights Agreement
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is hereby ratified and confirmed and agreed to by all of the parties hereto and
continues in full force and effect.
3. InterVoice Warrant Terms. The terms of Section 5 of the InterVoice
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Warrant are hereby superceded and replaced by the terms hereof with respect to
the registration rights for the Warrant Shares (as defined therein).
4. Condition to Effectiveness. This Agreement is expressly conditioned
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upon, and will not be effective without, InterVoice having received by May 17,
2000 an executed original hereof signed by both the Company and the Holders of
at least a majority of the Registrable Stock (as such terms are defined in the
Fourth Amended and Restated Registration Rights Agreement).
5. Counterparts. This Agreement may be executed in any number of
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counterparts, each of which shall be deemed an original, but all of which
together shall constitute one and the same instrument.
6. Governing Law. This Agreement shall be governed by, and construed in
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accordance with the laws of the State of Delaware.
[signature pages follow]
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IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be
executed by their respective officers thereunto duly authorized, as of the date
first above written.
SPEECHWORKS INTERNATIONAL, INC.
By: /s/ Xxxxxx Xxxxxxxxx
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Xxxxxx Xxxxxxxxx, President and Chief
Executive Officer
INTERVOICE-BRITE, INC.
By: /s/ Xxx-Xxx Xxxxxx
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Xxx-Xxx Xxxxxx, Chief Financial Officer
INVESTORS:
iGATE VENTURES I, L.P.
By: /s/ Xxxxx Xxxxxxx
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Name: Xxxxx Xxxxxxx
Title: Partner
REUTERS HOLDINGS SWITZERLAND SA
By:
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Name:
Title:
CITICORP STRATEGIC TECHNOLOGY CORP.
By:
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Name:
Title:
GE CAPITAL EQUITY INVESTMENTS, INC.
By:
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Name:
Title:
Signature Page to First Amendment to SpeechWorks Registration Rights Agreement
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MCI WORLDCOM VENTURE FUND, INC.
By: /s/ Xxxxx Xxxxx
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Name: Xxxxx Xxxxx
Title: President
XXXXXXX RIVER PARTNERSHIP VII
By: /s/ Xxxxxxx X. Xxxxxx
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Name: Xxxxxxx X. Xxxxxx
Title: Manager, CRP VII
ATLAS VENTURE FUND II, L.P.
By: Atlas Venture Associates II, L.P., its
general partner
By: /s/ Xxxx Xxxxxxxx Formela
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Name: Xxxx Xxxxxxxx Formela
Title: General Partner
QUESTMARK PARTNERS, L.P.
By: /s/ Xxxxxx X. Xxxxxxxx
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Name: Xxxxxx X. Xxxxxxxx
Title: GP
INTEL 64 FUND, LLC
By: INTEL 64 FUND OPERATIONS, INC.,
its Coordinating Member
By:
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Name:
Title:
BANK OF AMERICA VENTURES
By: /s/ Xxxxxx Xxxxx
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Name: Xxxxxx Xxxxx
Title: Principal
Signature Page to First Amendment to SpeechWorks International Registration
Rights Agreement
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BA VENTURE PARTNERS III
By: /s/ Xxxxxx Xxxxx
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Name: Xxxxxx Xxxxx
Title: General Partner
XXXXX CAPITAL PARTNERS
By: /s/ J. Xxxxxx Xxxxx, Xx.
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Name: J. Xxxxxx Xxxxx, Xx.
Title: President
XXXXX XXXXX INVESTMENTS LLC
By: /s/ Xxxxxx X. Xxxxxxxxx
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Name: Xxxxxx X. Xxxxxxxxx
Title:
/s/ Xxxxxx X. Xxxxxxxxx
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Xxxxxx X. Xxxxxxxxx
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Xxxxxxx Xxxxx and Xxxxxxxx XxxXxxxxx
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Xxxxxx X. Xxxx
XXX CAPITAL HOLDINGS
By: /s/ Xxxxxxxx X. Xxx
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Name: Xxxxxxxx X. Xxx
Title: President
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CITIZENS CAPITAL INCORPORATED
By: /s/ Xxxxxx X. Xxxxxx
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Name: Xxxxxx X. Xxxxxx
Title: President
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XXXXXX XXXXXX
DIGITAL BANDWIDTH LLC
By: /s/ Xxxxx X. Xxxxxxxx
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Name: Xxxxx X. Xxxxxxxx
Title: President
INTEL CORPORATION
By:
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Name:
Title:
SAP AMERICA, INC.
By: /s/ Xxxx X. Xxxxxxxx
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Name: Xxxx X. Xxxxxxxx
Title: Sr. VP & General Counsel
/s/ Xxxx Xxxxxxxx
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Xxxx Xxxxxxxx
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Xxxxx Mor
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Hedva Mor
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Xxxxxxx Mor
Signature to First Amendment to SpeechWorks International Registration
Rights Agreement
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Xxxx Xxx Xxxxx
/s/ Xxxx Xxxxx
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Xxxx Xxxxx
/s/ Xxxx Xxxxxxx
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Xxxx Xxxxxxx
/s/ Xxxxx Xxxxxxx
--------------------------------------
Xxxxx Xxxxxxx
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Xxxxxxx X. X'Xxxxxxx
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Xxxxxx X. X'Xxxxxxx
/s/ Xxxxxxx Xxxxxxxxx
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Xxxxxxx Xxxxxxxxx
/s/ Xxxxxxx Xxxxx
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Xxxxxxx Xxxxx
/s/ Xxxx X. Xxxxx
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Xxxx X. Xxxxx
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LIGHTHOUSE CAPITAL PARTNERS, L.P.
By: LIGHTHOUSE MANAGEMENT
PARTNERS, L.P., its general partner
By: LIGHTHOUSE CAPITAL
PARTNERS, INC., its general partner
By:
-----------------------------------
Title:
--------------------------------------
/s/ Xxxx Xxxxxxxxx
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Xxxx Xxxxxxxxx
/s/ Xxxxxxx Xxxxx
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Xxxxxxx Xxxxx
Signature Page to First Amendment to SpeechWorks International Registration
Rights Agreement
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/s/ Xxx Xxxxxx
--------------------------------------
Xxx Xxxxxx
--------------------------------------
Xxxxx Xxxxxx
--------------------------------------
Xxxxxxx Xxxxxxx
--------------------------------------
Xxxxx Xxxxxx
--------------------------------------
Xxxxxx Xxxxxxx
/s/ Xxxxx X. Xxxxxxx
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Xxxxx X. Xxxxxxx
/s/ Xxxxxx X. XxXxxxxxx
--------------------------------------
Xxxxxx X. XxXxxxxxx
/s/ Xxxxx X. XxXxxxxxx
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Xxxxx X. XxXxxxxxx
Signature to First Amendment to SpeechWorks International Registration
Rights Agreement
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