Exhibit 10.21
FIRST AMENDMENT TO REGISTRATION RIGHTS AGREEMENT
The REGISTRATION RIGHTS AGREEMENT (the "Agreement") originally made
as of September 1, 1998 among HARVARDNET INC., a Delaware corporation, and the
other parties signatory thereto is hereby amended as follows, effective May 28,
1999:
1. Except as otherwise provided herein, all capitalized terms which have defined
meanings in the Agreement have the same meanings herein as therein.
2. (a) The definition of "Registrable Securities" in the Agreement shall be
deleted and the following substituted therefor:
"REGISTRABLE SECURITIES" means (i) the Common Stock
held by any Holder including any Common Stock issued or
issuable pursuant to the conversion of Series A Preferred
Stock or upon the exercise of the Warrants; (ii) any Common
Stock or other securities issued or issuable pursuant to the
conversion of, or with respect to, Series A Preferred Stock or
Warrants held by any Holder upon any stock split, stock
dividend, recapitalization, or similar event; and (iii)
securities issued in replacement or exchange of any of the
securities issued in clauses (i) or (ii) above; PROVIDED,
HOWEVER, that the shares of Common Stock that are Registrable
Securities shall cease to be Registrable Securities upon any
sale pursuant to a registration statement or Rule 144 under
the Securities Act. Wherever reference is made in this
Agreement to a request or consent of holders of a certain
percentage of Registrable Securities, the determination of
such percentage shall include shares of Common Stock issuable
upon conversion of the Series A Preferred Stock and upon
exercise of the Warrants even if such conversion or exercise
has not been effected.
(b) "SERIES A PREFERRED STOCK" means the Series A-1 Preferred
Stock and Series A-2 Preferred Stock, par value $.01 per share, of the Company
as constituted on the date hereof, any shares into which such Preferred Stock
shall have been changed or any shares resulting from any reclassification of
such Preferred Stock.
(c) "WARRANTS" means warrants, each of which initially entitle
the holder thereof to purchase one share of Common Stock, subject to adjustment,
issued in connection with the Credit Agreement dated as of May 28, 1999 among
HarvardNET, Inc. and the Initial Lenders named therein.
3. Xxxxxx Xxxxxxx Senior Funding, Inc. (the "Additional Purchaser") is
hereby added as an additional Purchaser and an additional Holder.
4. All other terms of the Agreement, as heretofore in effect, are
hereby approved, ratified and confirmed.
IN WITNESS WHEREOF, this First Amendment to the Registration Rights
Agreement is hereby executed as of the date first written above by the Company,
the Additional Purchaser and
Purchasers holding not less than 60% of the voting power represented by the
Series A Preferred Stock or Registrable Securities held by all of the
Purchasers.
HARVARDNET INC.
By: /s/ Xxxx Xxxxxxxx
-------------------------------------
Name: Xxxx Xxxxxxxx
Title: President and Chief Executive
Officer
MEDIA/COMMUNICATIONS PARTNERS III
LIMITED PARTNERSHIP
By: M/C III L.L.C., its General Partner
By: /s/
-------------------------------------
Duly Authorized Signatory
M/C INVESTORS L.L.C.
By: /s/
-------------------------------------
Duly Authorized Signatory
M/C VENTURE PARTNERS IV, L.P.
By: /s/
-------------------------------------
Duly Authorized Signatory
CHESTNUT STREET PARTNERS, INC.
By: /s/
-------------------------------------
Duly Authorized Signatory
FTT VENTURES LIMITED
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By: /s/
-------------------------------------
Name:
--------------------------------
Title:
FIDELITY INVESTORS II LIMITED PARTNERSHIP
By: Fidelity Investors Management, LLC,
its General Partner
By:
Name: /s/
--------------------------------
Title:
------------------------------------------
Xxxxxxx Xxxxxx
XXXXXX X. XXXXX TRUST U/D/T DATED
4/10/97
By: /s/
-------------------------------------
Xxxxxx X. Xxxxx, Trustee
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Xxxxxx X. X. Xxxxx
------------------------------------------
Xxxxx Xxxxx
------------------------------------------
Xxxxx Xxxxx
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Xxxx X. Xxxxxx
------------------------------------------
Xxxxxx X. Xxxxx
------------------------------------------
Xxxxx Xxxxxxx
------------------------------------------
Xxxxx X. Ach III
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Xxxxx X. Xxxxxxx
XXXXXX X. XXXXX TRUST U/D/T DATED
4/10/97
By:
--------------------------------------
Xxxxx Xxxxx, Trustee
XXXXX-XXXXX 1997 TRUST
By:
--------------------------------------
Xxxxx Xxxxx, Trustee
XXXXXXX X. XXXXXXXXXX AND XXXXXXX
X. XXXXXXXXXX, AS JOINT TENANTS WITH
RIGHTS OF SURVIVORSHIP
By: /s/ Xxxxxxx X. Xxxxxxxxxx
--------------------------------------
Xxxxxxx X. Xxxxxxxxxx
By: /s/ Xxxxxxx X. Xxxxxxxxxx
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Xxxxxxx X. Xxxxxxxxxx
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XXXXX X. XXXXXXXX TRUST
By:
--------------------------------------
Xxxxx X. Xxxxxxxx, Trustee
ADDITIONAL PURCHASER:
XXXXXX XXXXXXX SENIOR FUNDING, INC.
By: /s/ Lucy Golbraith
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/s/ Xxxx Xxxxxxxx
------------------------------------------
Xxxx Xxxxxxxx
/s/ Xxxx XxXxxxx
------------------------------------------
Xxxx XxXxxxx
/s/ Xxxx Xxxxxxxx
------------------------------------------
Xxxx Xxxxxxxx
/s/ Xxxxx Xxxxxx
------------------------------------------
Xxxxx Xxxxxx
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SCHEDULE 1
NAME AND ADDRESS OF HOLDER
MEDIA/COMMUNICATIONS PARTNERS III LIMITED PARTNERSHIP
00 Xxxxx Xxxxxx
Xxxxxx, Xxxxxxxxxxxxx 00000
Telephone No.: (000) 000-0000
Facsimile No.: (000) 000-0000
Attention: Xxxxx X. Xxxx
and Xxxxx X.X. Xxxxxx
with a copy, which shall not constitute notice, to:
Xxxxxxx & Xxxxxx, LLP
000 Xxxxxxx Xxxxxx
Xxxxxx, XX 00000
Facsimile No.: (000) 000-0000
Attention: Xxxxxxx X. Slap, Esq.
M/C INVESTORS L.L.C.
00 Xxxxx Xxxxxx
Xxxxxx, Xxxxxxxxxxxxx 00000
Telephone No.: (000) 000-0000
Facsimile No.: (000) 000-0000
Attention: Xxxxx X. Xxxx
and Xxxxx X.X. Xxxxxx
with a copy, which shall not constitute notice, to:
Xxxxxxx & Xxxxxx, LLP
000 Xxxxxxx Xxxxxx
Xxxxxx, XX 00000
Facsimile No.: (000) 000-0000
Attention: Xxxxxxx X. Slap, Esq.
CHESTNUT STREET PARTNERS, INC.
(a Small Business Investment Company licensed
by the U.S. Small Business Administration)
00 Xxxxx Xxxxxx
Xxxxxx, Xxxxxxxxxxxxx 00000
Telephone No.: (000) 000-0000
Facsimile No.: (000) 000-0000
Attention: Xxxxx X. Xxxx
and Xxxxx X.X. Xxxxxx
with a copy, which shall not constitute notice, to:
Xxxxxxx & Xxxxxx, LLP
000 Xxxxxxx Xxxxxx
Xxxxxx, XX 00000
Facsimile No.: (000) 000-0000
Attention: Xxxxxxx X. Slap, Esq.
NAME AND ADDRESS OF HOLDER
FTT VENTURES LIMITED
c/o Fidelity Capital
00 Xxxxxxxxxx Xxxxxx
Xxxxxx, XX 00000
Attention: Xxxxxx X. Xxxxxxxxx, Vice President Telephone No.: Telephone No:
(000) 000 0000
Facsimile No.: (000) 000-0000
OR, IF BY HAND, TO:
000 Xxxxxx Xxxxxx
00xx Xxxxx
Xxxxxx, XX 00000
with a copy to, which shall not constitute notice, to:
Xxxxxxxx and Worcester, LLP
Xxx Xxxx Xxxxxx Xxxxxx
Xxxxxx, XX 00000
Facsimile No.: (000) 000-0000
Attention: Xxxxx X. Xxxxxxx, Esq.
FIDELITY INVESTORS II LIMITED PARTNERSHIP
c/o Fidelity Capital
00 Xxxxxxxxxx Xxxxxx
Xxxxxx, XX 00000
Attention: Xxxxxx X. Xxxxxxxxx, Vice President
Telephone No. (000) 000 0000
Facsimile No.: (000) 000-0000
OR, IF BY HAND, TO:
000 Xxxxxx Xxxxxx
00xx Xxxxx
Xxxxxx, XX 00000
with a copy to, which shall not constitute notice, to:
Xxxxxxxx and Worcester, LLP
Xxx Xxxx Xxxxxx Xxxxxx
Xxxxxx, XX 00000
Facsimile No.: (000) 000-0000
Attention: Xxxxx X. Xxxxxxx, Esq.
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XXXXXXX XXXXXX
00000 Xxxxxx Xxxxxx Xxxx
Xxxxxxxx, XX 00000
Telephone No.: (000) 000-0000
Facsimile No.: (000) 000-0000
XXXXXX X. XXXXX TRUST
0000 Xxxxxxxxx Xxxxxx
Xxxx, XX 00000
Telephone No.: (000) 000-0000
Facsimile No.: None
XXXXXX X.X. XXXXX
00 Xxxx Xxxxx, Xxxx Xxxxxx
Xxxxxx XX0 0XX Xxxxxxx
Telephone No.: 000 00 000 000-0000
Facsimile No.: 011 44 171 483-2657
with a copy to, which shall not constitute notice, to:
Xxxxx, Xxxxxxx & Xxxxxxxxx, LLP
High Street Tower
000 Xxxx Xxxxxx
Xxxxxx, XX 00000
Facsimile No.: (000) 000-0000
Attention: Xxxxxx X. Xxxxxxxxx, Esq.
XXXXXXX XXXXXXXXXX
00 Xxx Xxx Xxxx
Xxxxxxx, XX 00000
Telephone No.: (000) 000-0000
Facsimile No.: (000) 000-0000
XXXXXXX XXXXXXXXXX
00 Xxx Xxx Xxxx
Xxxxxxx, XX 00000
Telephone No.: (000) 000-0000
Facsimile No.: (000) 000-0000
XXXXX XXXXX
0 Xxxxxxx Xxxxxx
Xxxxxx, XX 00000
Telephone No.: (000) 000-0000
Facsimile No.: [ ]
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XXXXX X. XXXXXXX
00 Xxxxxx Xxxxx Xxxx
Xxxx Xxxxxxxxx, XX 00000
Telephone No.: (000) 000-0000
Facsimile No.: (000) 000-0000
XXXXX X. XXXXXXXX TRUST
0 Xxxxxxx Xxxxx Xxxx
Xxxxxxxx, XX 00000
Telephone No.: (000) 000-0000
XXXXX XXXXX
000 Xxxxxxxx Xxxxxx
Xxxxx X-0
Xxxxxxxxx, XX 00000
Telephone No.: (000) 000-0000
Facsimile No.: (000) 000-0000
XXXXX-XXXXX 1997 TRUST
0000 0xx Xxxxxx
Xxx Xxxxxxxxx, XX 00000
Telephone No.: (000) 000-0000
Facsimile No.: (000) 000-0000
XXXX X. XXXXXX
00 Xxxxxxxxxxx Xxxxxx
Xxx Xxxxxx, XX 00000
Telephone No.: (000) 000-0000
Facsimile No.: (000) 000-0000
XXXXXX X. XXXXX
00 Xxx Xxxxxx
Xxxxx Xxxxxxxx, XX 00000
XXXXX XXXXXXX
00 Xxxxxxxx Xxxx
Xxxx, XX 00000
Telephone No.: (000) 000-0000
Facsimile No.: (000) 000-0000
XXXXX X. ACH III
0 Xxxxxxxxx Xxxxxx
Xxxxxxxxxx, XX 00000
Telephone No.: (000) 000-0000
Facsimile No.: (000) 000-0000
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XXXX XXXXXXXX
0 Xxxxxxxxx Xxxx
Xxxxxxx, XX 00000
XXXXX XXXXXX
0 Xxxxx Xxxxxxx
Xxxxxxx, XX 00000
XXXX XXXXXXX
00 Xxxx Xxxxxx Xxxx
Xxxxxxxx, XX 00000
XXXX XXXXXXXX
000 Xxxxxxxx Xxxxx
Xxxxx Xxxxxxx, XX 00000
XXXXXX XXXXXXX SENIOR FUNDING, INC.
0000 Xxxxxxxx
Xxx Xxxx, XX 00000
Telephone No.:
Facsimile No.:
With a copy, which shall not constitute notice, to:
SHEARMAN & STERLING
000 Xxxxxxxxx Xxxxxx
Xxx Xxxx, XX 00000
Telephone No.: (000) 000-0000
Facsimile: (000) 000-0000
Attention: Xxxxxx X. Xxxxxxxxx, Esq.
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