comScore, Inc. 11465 Sunset Hills Road, Suite 200 Reston, Virginia 20190 May 25, 2007
Exhibit 10.21
May 25, 2007
Citadel Equity Fund Ltd.
000 Xxxxx Xxxxxxxx
00xx Xxxxx
Xxxxxxx, XX 00000
Fax: (000) 000-0000
000 Xxxxx Xxxxxxxx
00xx Xxxxx
Xxxxxxx, XX 00000
Fax: (000) 000-0000
Re: | Termination of Board Observer Right |
Dear Sir or Madam:
Pursuant to Section 6 of that certain Fourth Amended and Restated Investor Rights Agreement,
dated as of August 1, 2003 (the “Investor Rights Agreement”), by and among the comScore Networks,
Inc. (now comScore, Inc.) (the “Company”), the Purchasers and the Founders (as such terms are
defined therein), Citadel Equity Fund Ltd. or its affiliates (“Citadel”) have the right to
designate one individual as an observer at all meetings of the Company’s Board of Directors (and
any committees thereof) and to receive any materials distributed to the members of the Company’s
Board of Directors (and any committees thereof) (the “Board Observer Rights”).
In light of the fact that Citadel sold all of its capital stock of the Company on November 27,
2006, comScore would like to clarify that Citadel no longer holds Board Observer Rights.
Accordingly, by executing this letter agreement, Citadel agrees that the Board Observer Rights are
terminated and that the Investor Rights Agreement shall be amended such that the Board Observer
Rights that Citadel may still hold are deleted from the Investor Rights Agreement and shall have no
further force and effect.
[Signature Page Follows]
Please acknowledge Citadel’s agreement to the foregoing by executing this letter agreement in
the space provided below and returning the same to my attention. Please do not hesitate to contact
me at (000) 000-0000 with any questions.
Sincerely, COMSCORE, INC., a Delaware corporation |
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By: | /s/ Xxxxxxxxxx Xxx | |||
Name: | Xxxxxxxxxx Xxx | |||
Title: | General Counsel | |||
ACCEPTED AND AGREED: | ||||
CITADEL EQUITY FUND LTD. | ||||
By:
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Citadel Limited Partnership, Portfolio Manager | |||
By:
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GLB Partners, L.P., its General Partner | |||
By:
|
Citadel Investment Group, L.L.C., its General Partner | |||
By:
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/s/ Xxxxxxx Xxxxxxxxx | |||
Name: Xxxxxxx Xxxxxxxxx | ||||
Title:
Managing Director and Deputy General Counsel |