EXHIBIT 10.8
AMENDMENT NO. 1
TO
AMENDED AND RESTATED REGISTRATION RIGHTS,
RESTRICTED STOCK AND STOCK OPTION AGREEMENT
THIS AMENDMENT NO. 1 is dated as of June 26, 1991, among Adra Systems,
Inc., a Delaware corporation ("Company"), Adage GmbH, a German limited liability
company ("Adage"), National Computer Systems, Inc., a Minnesota corporation
("NCS") and those other parties listed as Stockholders on the signature pages
hereto (the "Stockholders").
WHEREAS, the Company and the Stockholders are parties to a certain Amended
and Restated Registration Rights, Restricted Stock and Stock Option Agreement,
dated as of October 11, 1988 (the "Agreement"); and
WHEREAS, pursuant to an asset purchase agreement (the "Asset Purchase
Agreement") dated the date hereof, the Company is purchasing 122,900 shares (the
"Purchased Shares") of the Company's Class D Convertible Preferred Stock, $1.00
par value (the "Class D Preferred Stock"); and
WHEREAS, as a condition to entering into the Asset Purchase Agreement,
Adage and NCS have requested and the Company desires to grant registration
rights with respect to the Purchased Shares to the same extent as such rights
were granted and are in effect with respect to other holders of the Company's
Class D Preferred Stock; and
WHEREAS, the Company and the Stockholders desire to amend the Agreement as
hereinafter set forth and Adage desires to become a party to the Agreement as
amended hereby;
NOW, THEREFORE, the parties agree as follows:
1. All capitalized terms used in the Agreement not otherwise defined
herein shall have the meaning given to them in the Agreement. For purposes of
any notice to be sent to Adage under the Agreement, notice shall be deemed given
when delivered in accordance with Section 7.3 of the Asset Purchase Agreement.
2. Section 1.10 of the Agreement is hereby amended by adding to the end
thereof the following:
"or (d) to Adage pursuant to the Asset Purchase Agreement."
3. Article I of the Agreement is hereby amended by adding the following
sections:
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"Section 1.29 `Adage' means Adage GmbH, a German limited liability company
or, upon transfer of the shares of Stock acquired by Adage to NCS as
contemplated by the Asset Purchase Agreement, NCS.
"Section 1.30 `Asset Purchase Agreement' means the Asset Purchase
Agreement, dated the date of Amendment No. 1 to this Agreement, among the
Company, Adage, NCS and Adra Computerhandels GmbH i. Cr.
"Section 1.31 `NCS' means National Computer Systems, Inc., a Minnesota
corporation."
4. By executing this Agreement, Adage and NCS each hereby becomes a party
to the Agreement and shall be bound by all of the obligations and shall be
entitled to all of the rights set forth therein, as amended by this Amendment
No. 1.
5. Except as amended by the provisions of this Amendment No. 1, the
Agreement shall remain in full force and effect.
6. This Amendment No. 1 shall become effective upon execution by the
Company, Adage, NCS and by Stockholders holding a majority of the aggregate
outstanding shares of Class A Preferred Stock, Class B Preferred Stock, Class C
Preferred Stock, Class D Preferred Stock, Class E Preferred Stock and the Merger
Common Stock.
7. This Amendment No. 1 may be executed in any number of counterparts,
each of which shall be deemed to be an original.
IN WITNESS WHEREOF, the parties hereto have executed this Agreement under
seal as of the date first above written.
ADRA SYSTEMS, INC.
[CORPORATE SEAL]
By: /s/ Authorized Signatory
-----------------------------------------
Title:
ADAGE GMBH
By: /s/ Authorized Signatory
-----------------------------------------
Title:
NATIONAL COMPUTER SYSTEMS, INC.
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By: /s/ Authorized Signatory
-----------------------------------------
Title:
STOCKHOLDERS
------------
DIGITAL EQUIPMENT CORPORATION
/s/ Xxxxxxx X. Xxxxx
--------------------------------------------
Xxxxxxx X. Xxxxx
/s/ Xxxxx Xxxxx
--------------------------------------------
Xxxxx Xxxxx
XXXXXX, XXXXXXX FUND, L.P.
By its general partner,
Xxxxxx, Holland Partners
By: /s/ Authorized Signatory
----------------------------------------
Managing General Partner
NEW COURT PARTNERS
By its managing partner,
OneRock Associates
By: /s/ Authorized Signatory
----------------------------------------
ARROW CAPITAL, N.V.
By: /s/ Authorized Signatory
----------------------------------------
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ARROW PARTNERS C.V.
By: /s/ Authorized Signatory
----------------------------------------
ROTHSCHILD INC., as Agent
for Horizon Capital
By: /s/ Authorized Signatory
----------------------------------------
THE XXXXXX XXXXX FUND
By: /s/ Authorized Signatory
----------------------------------------
AMERICAN RESEARCH &
DEVELOPMENT I, L.P.
By its general partner,
ARD Partners I, L.P.
By: /s/ Authorized Signatory
----------------------------------------
General Partner
VENTURE FOUNDERS 1983,
LIMITED PARTNERSHIP
By its general partner,
Venture Management Limited
Partnership
By: /s/ Authorized Signatory
-----------------------------------------
General Partner
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VENTURE FOUNDERS CAPITAL
LIMITED PARTNERSHIP
By its general partner,
Venture Founders Partners
Limited Partnership
By: /s/ Authorized Signatory
-----------------------------------------
OXFORD VENTURE FUND II,
LIMITED PARTNERSHIP
By its general partner,
Oxford Partners II,
Limited Partnership
By: /s/ Authorized Signatory
-----------------------------------------
Title:
OXFORD VENTURE FUND III,
LIMITED PARTNERSHIP
By its general partner,
Oxford Partners III,
Limited Partnership
By: /s/ Authorized Signatory
-----------------------------------------
Title:
EVERGREEN I LIMITED PARTNERSHIP
By its general partner,
Back Bay Partners, L.P.
by one of its general partners,
Xxxx Xxxxxxx Venture Capital
Management Inc.
-6-
By: /s/ Authorized Signatory
-----------------------------------------
Title:
DSV PARTNERS III, L.P.
By: /s/ Authorized Signatory
-----------------------------------------
Title:
DSV PARTNERS IV, L.P.
By DSV Management, Ltd.
its General Partner
By: /s/ Authorized Signatory
-----------------------------------------
Title:
BERKSHIRE PARTNERS, L.P.
By: /s/ Authorized Signatory
-----------------------------------------
Title:
BERKSHIRE PARTNERS II, L.P.
By: /s/ Authorized Signatory
-----------------------------------------
Title:
A T COMMERCIAL CORPORATION
By: /s/ Authorized Signatory
-----------------------------------------
Title:
ACCEL CAPITAL L.P.
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By: /s/ Authorized Signatory
-----------------------------------------
Title:
ACCEL CAPITAL (INTERNATIONAL) L.P.
By:
By: /s/ Authorized Signatory
-----------------------------------------
Title:
ASEA-Harvest Partners I
By: /s/ Authorized Signatory
-----------------------------------------
Title:
BNP VENTURE CAPITAL CORPORATION
By: /s/ Authorized Signatory
-----------------------------------------
Title:
XXXXXX CAPITAL CORP.
By: /s/ Authorized Signatory
-----------------------------------------
Title:
XXXXXXX X. XXXXXXXXX PARTNERS
By: /s/ Authorized Signatory
-----------------------------------------
Title:
ELRON TECHNOLOGIES, INC.
-8-
By: /s/ Authorized Signatory
-----------------------------------------
Title:
EUROPEAN DEVELOPMENT
CAPITAL CORP. N.V.
By: /s/ Authorized Signatory
-----------------------------------------
Title:
FAIRFIELD VENTURE CAPITAL
FUND, L.P.
By: Fairfield Venture Partners L.P.
Its General Partner
By: /s/ Authorized Signatory
-----------------------------------------
Title:
XXXX XXXXXXX VENTURE CAPITAL
FUND, L.P.
By: /s/ Authorized Signatory
-----------------------------------------
By: /s/ Authorized Signatory
-----------------------------------------
Title:
XXXXXXXXXX BRIDGE FUND II, L.P.
By: Xxxxxxxxxx Securities
Its General Partner
By: /s/ Authorized Signatory
-----------------------------------------
Title:
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XXXXXXXXXX XXXXXX INVESTMENTS
LIMITED
By: Xxxxxxxxxx Securities
Its General Manager
By: /s/ Authorized Signatory
-----------------------------------------
Title:
XXXXXXXXXX PRIVATE INVESTMENTS
PARTNERSHIP
By: Xxxxxxxxxx Securities
Its General Manager
By: /s/ Authorized Signatory
-----------------------------------------
Title:
NORDIC INVESTORS, LTD.
By:
By: /s/ Authorized Signatory
-----------------------------------------
Title:
NORO CAPITAL LTD.
By:
By: /s/ Authorized Signatory
-----------------------------------------
Title:
-00-
XXXX XXXXXXX PARTNERS IV
By:
By: /s/ Authorized Signatory
-----------------------------------------
Title:
IAI VENTURE PARTNERS
By: Investment Advisers, Inc.
Its General Partner
By: /s/ Authorized Signatory
-----------------------------------------
Title:
IAI STOCK FUND, INC.
By: /s/ Authorized Signatory
-----------------------------------------
Title:
/s/ Xxxxxxx X. Xxxxxxxx
--------------------------------------------
Xxxxxxx X. Xxxxxxxx
/s/ Xxxxxxxx Xxxx
--------------------------------------------
Xxxxxxxx Xxxx
/s/ Xxxxxx X. Xxxxxxxxx
--------------------------------------------
Xxxxxx X. Xxxxxxxxx
/s/ Xxxxxxx X. Xxxxx
--------------------------------------------
Xxxxxxx X. Xxxxx
/s/ Xxxxx Xxxxx
--------------------------------------------
Xxxxx Xxxxx
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/s/ Xxxx X. Xxxx
--------------------------------------------
Xxxx X. Xxxx
/s/ Xxxxxxx Xxxxxxx
--------------------------------------------
Xxxxxxx Xxxxxxx
PROCORDIA HARVEST PARTNERS I
By:
By: /s/ Authorized Signatory
-----------------------------------------
Title:
767 VCI VENTURES NV
By:
By: /s/ Authorized Signatory
-----------------------------------------
Title:
XXXXXX FAMILY PARTNERSHIP
By: /s/ Authorized Signatory
-----------------------------------------
By: /s/ Authorized Signatory
-----------------------------------------
Title:
/s/ Xxxxx X. Xxxxxx
--------------------------------------------
Xxxxx X. Xxxxxx
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VENAD II
By: Xxxxx & Company
By: /s/ Authorized Signatory
-----------------------------------------
Title:
VENAD III
By:
By: /s/ Authorized Signatory
-----------------------------------------
Title:
VENAD IV
By:
By: /s/ Authorized Signatory
-----------------------------------------
Title:
VENAD IV-A
By:
By: /s/ Authorized Signatory
-----------------------------------------
Title:
By: /s/ Xxxxxxxxx X. Xxxxx
-----------------------------------------
Xxxxxxxxx X. Xxxxx
By: /s/ Xxxxxx Xxxxx
-----------------------------------------
Xxxxxx Xxxxx
