JOINT REPORTING AGREEMENT AND POWER OF ATTORNEY
Exhibit 1
JOINT REPORTING AGREEMENT
AND
POWER OF ATTORNEY
WHEREAS, the statement on Schedule 13D/A ("Amendment No. 3") to which this joint reporting agreement and power of attorney (the "Agreement") is an exhibit is being filed on behalf of two or more persons (collectively, the "Reporting Persons") with respect to their beneficial ownership of shares of Common Stock of Childtime Learning Centers, Inc., a Michigan corporation (the "Issuer");
WHEREAS, Amendment No. 3 amends and supplements a Statement on Schedule 13D (the "13D"), dated July 24, 2000, as subsequently amended on August 22, 2000 ("Amendment No. 1") and September 1, 2000 ("Amendment No. 2" and, collectively with the 13D, Amendment No. 1 and Amendment No. 3, the "Joint Statement"); and
WHEREAS, the Reporting Persons prefer to file Amendment No. 3 on behalf of all of the Reporting Persons rather than individual statements on Schedule 13D on behalf of each of the Reporting Persons;
NOW THEREFORE, the undersigned hereby agree as follows with each of the other Reporting Persons:
1. Each of the Reporting Persons is responsible for the timely filing of Amendment No. 3 and any further amendments to the Joint Statement.
2. Each of the Reporting Persons is responsible for the completeness and accuracy of the information concerning such Reporting Person contained in the Joint Statement.
3. None of the Reporting Persons is responsible for the completeness or accuracy of the information concerning the other Reporting Persons contained in the Joint Statement, unless such Reporting Person knows or has reason to believe that such information is inaccurate.
4. The undersigned agrees Amendment No. 3 is being, and any further amendment to the Joint Statement will be, filed on behalf of each of the Reporting Persons.
5. The undersigned hereby appoints Xxxxxxxx X. Xxxxxxxx as attorney-in-fact for the undersigned with authority to execute and deliver on behalf of the undersigned (i) any and all documents (including any amendments thereto) required to be filed by the undersigned or otherwise executed and delivered by the undersigned pursuant to the Securities Exchange Act of 1934, as amended, the Securities Act of 1933, as amended, all other federal, state and local securities and corporation laws, and all regulations promulgated thereunder relating to the undersigned's beneficial ownership of securities of the Issuer, and (ii) any and all amendments hereto for the purpose of adding additional Reporting Person(s) parties hereto.
6. This Agreement may be executed in one or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same document.
Dated: September 23, 2002 |
|
*By: |
/s/ Xxxxxxxx X. Xxxxxxxx |
Xxxxxxxx Partners |
By: |
/s/ Xxxxxxxx X. Xxxxxxxx |
| JP Acquisition Fund II, L.P. (Name of Reporting Person) |
| By: | JPAF Limited Partnership Its General Partner |
| By: |
/s/ Xxxxxxxx X. Xxxxxxxx
Xxxxxxxx X. Xxxxxxxx President |
| JPAF Limited Partnership (Name of Reporting Person) |
| By: | JPAF, Inc. Its General Partner |
| By: |
/s/ Xxxxxxxx X. Xxxxxxxx Xxxxxxxx X. Xxxxxxxx President |
| JPAF, Inc. (Name of Reporting Person) |
| By: |
/s/ Xxxxxxxx X. Xxxxxxxx Xxxxxxxx X. Xxxxxxxx President |
| JP Acquisition Fund III, L.P. (Name of Reporting Person) |
| By: | JPAF III LLC Its General Partner |
| By: | Xxxxxxxx Partners Its Sole Member |
| By: |
/s/ Xxxxxxxx X. Xxxxxxxx Xxxxxxxx X. Xxxxxxxx Managing Partner |
| JPAF III LLC (Name of Reporting Person) |
| By: | Xxxxxxxx Partners Its Sole Member |
| By: |
/s/ Xxxxxxxx X. Xxxxxxxx Xxxxxxxx X. Xxxxxxxx Managing Partner |
| Xxxxxxxx X. Xxxxxxxx (Name of Reporting Person) /s/ Xxxxxxxx X. Xxxxxxxx |
| Brandywine Managers, LLC (Name of Reporting Person) |
| By: |
/s/ Xxxxx X. Xxxxxxxxx Xxxxx X. Xxxxxxxxx Managing Director |
Amcito G.P.
(Name of Reporting Person)
By: /s/ Xxxxxxx X. Little
Name: Xxxxxxx X. Little
Title: General Partner
Xxxxx X. Xxxxxxxxx
(Name of Reporting Person)
/s/ Xxxxx X. Xxxxxxxxx
Xxxxxxx X. Little
(Name of Reporting Person)
/s/ Xxxxxxx X. Little
Xxxxxxxxxx X. Xxxxxx
(Name of Reporting Person)
/s/ Xxxxxxxxxx X. Xxxxxx
| Xxxxxxx Xxxxxxxxx (Name of Reporting Person) /s/ Xxxxxxx Xxxxxxxxx |
| Xxxxx X. Xxxxxx (Name of Reporting Person) /s/ Xxxxx X. Xxxxxx |
