HYBRID NETWORKS, INC.
AMENDMENT TO
AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT
The Amended and Restated Investor Rights Agreement dated as of September
18, 1997 among Hybrid Networks, Inc. (the "COMPANY") and certain holders of
securities of the Company, as amended by the amendment dated as of October
16, 1997 (the "ORIGINAL AGREEMENT"), is hereby amended by this amendment
(this "AMENDMENT") dated as of November 6, 1997 among the Company, Alcatel
SEL AG ("ALCATEL"), and the holders of a majority of the Registrable
Securities outstanding immediately prior to this Amendment. Except as
provided otherwise herein, the terms used in this Amendment that are defined
in the Original Agreement have the same meanings as those terms have in the
Original Agreement.
1. The Original Agreement is hereby amended as follows:
(a) Alcatel will have the same registration rights (including,
without limitation, the right to transfer or assign such registration rights)
under the Original Agreement as amended by this Amendment (the "AGREEMENT"),
with respect to the shares of Common Stock of the Company issued or issuable
upon exercise of the warrant issued by the Company to Alcatel pursuant to
that certain Warrant Purchase Agreement between the Company and Alcatel dated
November 3, 1997 (the "ALCATEL WARRANTS"), as the Note Warrant Investors
have with respect to the shares of Common Stock that are issued or issuable
upon exercise of the Note Warrants.
(b) The definition of "Registrable Securities" in Section 1.1(b) of
the Original Agreement is amended to include (i) shares of Common Stock of
the Company issuable or issued upon exercise of any Alcatel Warrants and (ii)
any Common Stock of the Company issued as (or issuable upon conversion or
exercise of any warrant, right or other security which is issued as) a
dividend or other distribution with respect to, or in exchange for or in
replacement of, any Alcatel Warrants or Common Stock described in (i).
(c) Alcatel will have, with respect to Alcatel Warrants or shares
of Common Stock of the Company that have been issued upon exercise of any
Alcatel Warrants, the same right as any Note/Warrant Holder has to
participate in the one demand shelf-registration provided for in Section
1.10(b) of the Original Agreement (including, without limitation, the same
right to transfer or assign such right to participate).
(d) As signatory of this Amendment, Alcatel will be bound by the
provisions of Section 1.12 of the Original Agreement (Market Stand-Off
Agreement).
(e) The Company shall deliver financial statements to Alcatel as
provided in Sections 2.1 and 2.2 of the Original Agreement.
2. Except as amended as provided in Section 1 above, the Original
Agreement continues in full force and effect.
3. This Amendment may be executed in two or more counterparts, each of which
will be deemed an original but, all of which together will constitute one and
the same instrument.
SIGNATURE PAGE
DATED AS OF NOVEMBER 6, 1997 TO THE HYBRID NETWORKS, INC.
CONSENT, WAIVER AND AMENDMENT REGARDING AMENDED AND
RESTATED INVESTOR RIGHTS AGREEMENT
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TUDOR BVI FUTURES, LTD.
By: Tudor Investment Corporation,
Investment Adviser
By:
---------------------------------
Xxxxxx X. Xxxxxxxx,
Vice President
Address: c/o Tudor Global Trading, Inc.
00 Xxxxx Xxxxx
Xxxxxx, XX 00000
Facsimile No.: x/x Xxxxxxx, Xxxx & Xxxxx LLP
(000) 000-0000
Attn: Xxxxxx X. Xxxx, Esq.
TUDOR ARBITRAGE PARTNERS, L.P.
By: Tudor Global Trading, Inc.,
General Partner
By:
-------------------------------------
Xxxxxx X. Xxxxxxxx,
Vice President
Address and facsimile no. same as immediately above
RAPTOR GLOBAL FUND, LTD.
By: Tudor Investment Corporation,
Investment Adviser
By:
---------------------------------------
Xxxxxx X. Xxxxxxxx,
Vice President
Address and facsimile no. same as immediately above
RAPTOR GLOBAL FUND, L.P.
By: Tudor Investment Corporation,
General Partner
By:
---------------------------------------
Xxxxxx X. Xxxxxxxx,
Vice President
Address and facsimile no. same as immediately above
SIGNATURE PAGE
DATED AS OF NOVEMBER 6, 1997 TO THE HYBRID NETWORKS, INC.
CONSENT, WAIVER AND AMENDMENT REGARDING AMENDED AND
RESTATED INVESTOR RIGHTS AGREEMENT
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ALEX. XXXXX & SONS INCORPORATED
By:
---------------------------------
Xxxxxx X. Xxxxxxxx, Principal
Address: 000 X. Xxxxxxxxx Xxxxxx
Xxxxxxxxx, XX 00000
Facsimile Number: (000) 000-0000
SIGNATURE PAGE
DATED AS OF NOVEMBER 6, 1997 TO THE HYBRID NETWORKS, INC.
CONSENT, WAIVER AND AMENDMENT REGARDING AMENDED AND
RESTATED INVESTOR RIGHTS AGREEMENT
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X.X. XXXX CO., INC.,
By:
---------------------------------
Xxxxxx Xxxx, Xx.
Address: 000 Xxxx Xxxxxx Xxxx
P. O. Xxx 000
Xxxxxx, XX 00000-0000
Facsimile Number: (000) 000-0000
SIGNATURE PAGE
DATED AS OF NOVEMBER 6, 1997 TO THE HYBRID NETWORKS, INC.
CONSENT, WAIVER AND AMENDMENT REGARDING AMENDED AND
RESTATED INVESTOR RIGHTS AGREEMENT
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OSCCO III, L.P.
By:
---------------------------------
Xxxxxxx X. Xxxxxxx
Address: 0000 Xxxx Xxxx Xxxx
Xxxxxxxx 0, Xxxxx 000
Xxxxx Xxxx, XX 00000
Facsimile Number: (000) 000-0000
SIGNATURE PAGE
DATED AS OF NOVEMBER 6, 1997 TO THE HYBRID NETWORKS, INC.
CONSENT, WAIVER AND AMENDMENT REGARDING AMENDED AND
RESTATED INVESTOR RIGHTS AGREEMENT
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----------------------------
Xxxx X. Xxxxxx
Address: 00 Xxxxxxxx Xxxx
Xxxxxxxx, XX 00000
Facsimile Number: (000) 000-0000
SIGNATURE PAGE
DATED AS OF NOVEMBER 6, 1997 TO THE HYBRID NETWORKS, INC.
CONSENT, WAIVER AND AMENDMENT REGARDING AMENDED AND
RESTATED INVESTOR RIGHTS AGREEMENT
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AT&T VENTURE COMPANY, L.P.
By: AT&T Venture Partners,
Its: General Partner
By:
----------------------------
Its:
----------------------------
Address: 0000 Xxxx Xxxx Xxxx
Xxxxxxxx 0, Xxxxx 000
Xxxxx Xxxx, XX 00000
Facsimile Number: (000) 000-0000
SIGNATURE PAGE
DATED AS OF NOVEMBER 6, 1997 TO THE HYBRID NETWORKS, INC.
CONSENT, WAIVER AND AMENDMENT REGARDING AMENDED AND
RESTATED INVESTOR RIGHTS AGREEMENT
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SEQUOIA CAPITAL VI
By:
----------------------------------
Its:
----------------------------------
Address: 0000 Xxxx Xxxx Xxxx,
Xxxxxxxx 0, Xxxxx 000
Xxxxx Xxxx, XX 00000
Facsimile Number: (000) 000-0000
SEQUOIA TECHNOLOGY PARTNERS VI
By:
----------------------------------
Its:
----------------------------------
Address: 0000 Xxxx Xxxx Xxxx,
Xxxxxxxx 0, Xxxxx 000
Xxxxx Xxxx, XX 00000
Facsimile Number: (000) 000-0000
SEQUOIA XXIV
By:
----------------------------------
Its:
----------------------------------
Address: 0000 Xxxx Xxxx Xxxx,
Xxxxxxxx 0, Xxxxx 000
Xxxxx Xxxx, XX 00000
Facsimile Number: (000) 000-0000
SIGNATURE PAGE
DATED AS OF NOVEMBER 6, 1997 TO THE HYBRID NETWORKS, INC.
CONSENT, WAIVER AND AMENDMENT REGARDING AMENDED AND
RESTATED INVESTOR RIGHTS AGREEMENT
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ACCEL IV L.P. ACCEL KEIRETSU L.P.
By: Accel IV Associates L.P. By: Accel Partners & Co.,Inc.
Its: General Partner Its: General Partner
By: By:
------------------------------ -------------------------------
Its: Its:
----------------------------- -----------------------------
Address: One Xxxxxx Square Address: Xxx Xxxxxx Xxxxxx
Xxxxxxxxx, XX 00000 Xxxxxxxxx, XX 00000
Facsimile Number: (000) 000-0000 Facsimile Number: (000) 000-0000
ACCEL INVESTORS '95 X.X. XXXXXXX X. XXXXXXXXX PARTNERS
By: By:
------------------------------ -------------------------------
Its: Its:
----------------------------- -----------------------------
Address: One Xxxxxx Square Address: Xxx Xxxxxx Xxxxxx
Xxxxxxxxx, XX 00000 Xxxxxxxxx, XX 00000
Facsimile Number: (000) 000-0000 Facsimile Number: (000) 000-0000
SIGNATURE PAGE
DATED AS OF NOVEMBER 6, 1997 TO THE HYBRID NETWORKS, INC.
CONSENT, WAIVER AND AMENDMENT REGARDING AMENDED AND
RESTATED INVESTOR RIGHTS AGREEMENT
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INTEL CORPORATION
By:
-------------------------------
Its:
-------------------------------
Address: 0000 Xxxxxxx Xxxxxxx Xxxx.
Xxxxx Xxxxx, XX 00000-0000
Facsimile Number: (000) 000-0000
SIGNATURE PAGE
DATED AS OF NOVEMBER 6, 1997 TO THE HYBRID NETWORKS, INC.
CONSENT, WAIVER AND AMENDMENT REGARDING AMENDED AND
RESTATED INVESTOR RIGHTS AGREEMENT
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ITOCHU Corporation
By:
-------------------------------
Its:
-------------------------------
Address: 5-1, Xxxx-Xxxxxx 0-xxxxx
Xxxxxx-XX, Xxxxx 000-00
Xxxxx
Facsimile Number: 011-81-3-3497-3131
SIGNATURE PAGE
DATED AS OF NOVEMBER 6, 1997 TO THE HYBRID NETWORKS, INC.
CONSENT, WAIVER AND AMENDMENT REGARDING AMENDED AND
RESTATED INVESTOR RIGHTS AGREEMENT
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BG SERVICES LIMITED
By:
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Its:
-------------------------------
Address: x/x Xxxxxx Xxxxx
0 Xxxxxx Xxxxx
Xx. Helier
Jersey, Channel Islands
Attention: Xxx Xxxxx
Facsimile Number: (0) 0000-000000
SIGNATURE PAGE
DATED AS OF NOVEMBER 6, 1997 TO THE HYBRID NETWORKS, INC.
CONSENT, WAIVER AND AMENDMENT REGARDING AMENDED AND
RESTATED INVESTOR RIGHTS AGREEMENT
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Xxxxxx X. Xxxxxxx
Address: P. O. Xxx 000
Xxxxxxxxxx, XX 00000
Facsimile No.: (000) 000-0000
SIGNATURE PAGE
DATED AS OF NOVEMBER 6, 1997 TO THE HYBRID NETWORKS, INC.
CONSENT, WAIVER AND AMENDMENT REGARDING AMENDED AND
RESTATED INVESTOR RIGHTS AGREEMENT
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VENTURE BANKING GROUP, a division
of Cupertino National Bank
By:
-------------------------------
Its:
-------------------------------
Address: Three Xxxx Xxxx Xxxxxx, Xxxxx 000
Xxxx Xxxx, XX 00000
Attention: Xxx Xxxxxxxx
Facsimile Number: (000) 000-0000
