1 EXHIBIT 10.36 AMENDMENT NO. 1 TO STOCKHOLDERS' AGREEMENT THIS AMENDMENT NO. 1 TO STOCKHOLDERS' AGREEMENT ("Amendment No. 1") is entered into as of January 25, 1996 by and among Cybernet Holding, Inc., a Delaware corporation (the "Company"), the...
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EXHIBIT 10.36
AMENDMENT NO. 1 TO STOCKHOLDERS' AGREEMENT
THIS AMENDMENT NO. 1 TO STOCKHOLDERS' AGREEMENT ("Amendment
No. 1") is entered into as of January 25, 1996 by and among Cybernet Holding,
Inc., a Delaware corporation (the "Company"), the stockholders of the Company
(collectively, the "Original Stockholders") named on Appendix 1 attached to the
Stockholders' Agreement dated as of December 8, 1995 (the "Stockholders'
Agreement") and Xxxxxxx X. Xxxxxxxxxx.
WHEREAS, the Company and the Original Stockholders desire to
amend the Stockholders' Agreement to add Xxxxxxx X. Xxxxxxxxxx as a party
thereto.
NOW, THEREFORE, in consideration of the mutual premises and
covenants contained herein, and for other good and valuable consideration, the
receipt and sufficiency of which are hereby acknowledged, the parties hereto
hereby agree as follows:
1. Appendix 1 attached to the Stockholders' Agreement is
hereby deleted and replaced in its entirety by Appendix 1 attached hereto.
2. All references to "Stockholder" and "Stockholders" in
the Stockholders' Agreement shall be deemed to include the Original
Stockholders and Xxxxxxx X. Xxxxxxxxxx.
3. Except as otherwise provided herein, all terms,
provisions, covenants, representations, warranties, agreements and conditions
of the Stockholders' Agreement shall remain unchanged and in full force and
effect.
4. This Amendment No. 1, the rights and obligations of
the parties hereto, and any claims or disputes relating thereto, shall be
governed by and construed in accordance with the laws of the State of Delaware
(excluding the choice of law rules thereof).
5. From and after the execution of this Amendment No. 1
by the parties hereto, any reference to the Stockholders' Agreement shall be
deemed to be a reference to the Stockholders' Agreement as amended hereby.
6. Capitalized terms not otherwise defined herein shall
have the meaning set forth in the Stockholders' Agreement.
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IN WITNESS WHEREOF, the parties hereto have duly executed this
Amendment No. 1, or have caused this Amendment No. 1 to be duly executed on
their behalf, as of the day and year first above written.
[Corporate Seal] CYBERNET HOLDING, INC.
Attest:
/s/ Xxxxx X. Xxxxxxxx /s/ Xxxxxxxx X. Xxxxxxxxx
-------------------------------- ----------------------------------
By: Xxxxxxxx X. Xxxxxxxxx
Name:
Title: President
ITC HOLDING COMPANY, INC.
Attest:
/s/ J. Xxxxxxx Xxx
-------------------------------- -------------------------
By: J. Xxxxxxx Xxx
Name:
Title: CFO
SOUTH ATLANTIC VENTURE FUND III,
LIMITED PARTNERSHIP
SOUTH ATLANTIC VENTURE PARTNERS III,
LIMITED PARTNERSHIP, GENERAL PARTNER
Attest:
/s/ Xxxxxx X. Xxxxxx
-------------------------------- -------------------------
By: Xxxxxx X. Xxxxxx
Name:
Title: Managing General Partner
MPX SYSTEMS, INC.
Attest:
/s/ Xxxxxx Xxx Xxxxxx /s/ X. X. Xxxxxxxxx
-------------------------------- -------------------------
By:
Name: X. X. Xxxxxxxxx
Title: Exec. Vice Pres.
{1 of 2 signature pages}
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PLANT CELLULAR RSA 14, INC.
Attest:
/s/ Xxxxxx Xxxxxx /s/ Xxxxx X. Xxxxxxx
--------------------------------- -------------------------------
By:
Name: Xxxxx X. Xxxxxxx
Title: President
/s/ Xxxxxxx X. Xxxxxx
-------------------------------
Xxxxxxx X. Xxxxxx
/s/ O. Xxxx Xxxxxxx
-------------------------------
O. Xxxx Xxxxxxx
/s/ Xxxxxxxx X. Xxxxxxxxx
-------------------------------
Xxxxxxxx X. Xxxxxxxxx
/s/ Xxxxx X. Xxxxxxxx, Xx.
-------------------------------
Xxxxx X. Xxxxxxxx -- Xxxxxxx Xxxxx &
Associates, Custodian
/s/ Marcus Xxxxxxx Xxxx
-------------------------------
Marcus Xxxxxxx Xxxx
/s/ Xxxxxxx X. Xxxxxxxxxx
-------------------------------
Xxxxxxx X. Xxxxxxxxxx
{2 of 2 signature pages}
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Appendix 1
The Stockholders
Class of Number of
-------- ---------
Stockholder Equity Securities Shares Owned
----------- ----------------- ------------
ITC HOLDING, INC. Preferred Stock 4,000
0000 X. X. Xxxxxxx Xxxxx
Xxxx Xxxxx, Xxxxxxx 00000
c/o Xxxxxxx X. Xxxxx, III
SOUTH ATLANTIC VENTURE FUND Preferred Stock 3,000
III, LIMITED PARTNERSHIP
000 Xxxx Xxx Xxxxxx, Xxxxx 000
Xxxxx, Xxxxxxx 00000
c/o Xxxxxx X. Xxxxxx
MPX SYSTEMS, INC. Preferred Stock 200
000 Xxxx Xxxxxx Xxxxx, Xxxxx 000
Xxxxx, Xxxxx Xxxxxxxx 00000
x/x Xxxxxxx X. Xxxxxxxxx
XXXXX XXXXXXXX XXX 00, INC. Preferred Stock 200
0000 X.X. Xxxxxxx 00 Xxxx
Xxxxxx, Xxxxxxx 00000-0000
c/o Xxxxx Xxxxxxx
XXXXXXX X. XXXXXX Preferred Stock 200
Xxxxxx, Xxxxxxx & Xxxxx
X.X. Xxx 0000
00 Xxxxx Xxxxxx
Xxxxxxxxxx, Xxxxxxx 00000
O. XXXX XXXXXXX Preferred Stock 100
000 Xxxxxxxxx Xxxxx
Xxxx, Xxxxx Xxxxxxxx 00000
XXXXXXXX X. XXXXXXXXX Preferred Stock 10
1239 X. X. Xxxxxxx Xxxxx
Xxxx Xxxxx, Xxxxxxx 00000
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XXXXX X. XXXXXXXX - XXXXXXX Preferred Stock 10
XXXXX & ASSOCIATES, CUSTODIAN
0000 X. X. Xxxxxxx Xxxxx
Xxxx Xxxxx, Xxxxxxx 00000
MARCUS XXXXXXX XXXX Preferred Stock 10
0000 X. X. Xxxxxxx Xxxxx
Xxxx Xxxxx, Xxxxxxx 00000
XXXXXXX X. XXXXXXXXXX Preferred Stock 50
0000 Xxxxxx Xxxx
Xxxxxx, XX 00000
