SECOND AMENDMENT TO STOCKHOLDERS' AGREEMENT
SECOND AMENDMENT TO STOCKHOLDERS' AGREEMENT
THIS SECOND AMENDMENT, dated as of December 10, 2004 (this "Amendment"), to the STOCKHOLDERS' AGREEMENT, dated as of June 13, 2003 (the "Agreement"), by and among NationsRent Companies, Inc., a Delaware corporation (the "Company") and the stockholders (the "Stockholders") listed on the signature pages thereto as amended by that certain First Amendment to the Stockholders' Agreement, dated as of July 9, 2003. Capitalized terms not defined herein shall have the meaning set forth in the Agreement.
WHEREAS, the parties to the Agreement have determined that it is in the best interest of the Company and its stockholders to amend the Agreement as set forth herein.
NOW, THEREFORE, in consideration of the foregoing and of the mutual covenants herein contained, the Agreement is hereby amended as follows:
ARTICLE I
AMENDMENT TO THE AGREEMENT
Section 1.1 Amendments to Article 1. Section 1.9 of the Agreement is hereby amended by deleting such Section in its entirety and replacing such Section 1.9 with the following:
| "1.9 "Permitted Transferee" shall mean (i) the spouse, siblings, parents, the natural and legally adopted children, descendents (including the issue of such Original Common Stockholder's spouse, including by adoption) of an Original Common Stockholder; (ii) any Stockholder or any Affiliate of a Stockholder; (iii) the executors, administrators, testamentary trustees, legatees, beneficiaries or successors by testamentary or intestate succession of an Original Common Stockholder; (iv) a trust or custodianship, the beneficiaries of which include only Original Common Stockholders or their Permitted Transferees as herein defined; (v) any Person, who as of June 13, 2003, was a creditor of an Original Common Stockholder and who receives or is entitled to receive, in satisfaction of any obligations owed by such Original Common Stockholder to such creditor in connection with a transaction entered into prior to June 13, 2003, any Securities held by such Original Common Stockholder; and (vi) a corporation, partnership or other entity, the stockholders, limited and general partners or other equity owners of which include (and continue to include during the term such entity holds any equity interest in the Company) only Permitted Transferees as defined herein. |
ARTICLE II
MISCELLANEOUS
Section 2.1 Ratification; Effect of Amendment. Except as expressly amended hereby, all of the provisions of the Agreement shall remain unamended and in full force and effect to the same extent as if fully set forth herein. As of the effective date of this Amendment, the Agreement shall be amended as provided herein and the Agreement, as amended, shall be binding on all parties thereto.
Section 2.2 Governing Law. This Amendment is to be governed by and construed in accordance with the laws of the State of Delaware applicable to agreements between Delaware residents entered into and to be performed entirely within Delaware.
Section 2.3 Separate Counterparts. This Amendment may be executed by the parties hereto in separate counterparts (including executed counterparts delivered and exchanged by facsimile transmission), each of which shall be deemed an original but all of which shall together constitute one and the same instrument.
[Signature page follows]
IN WITNESS WHEREOF, the parties hereto have executed this Amendment as of the day and year first above written.
| THE COMPANY: NATIONSRENT COMPANIES, INC. By: /s/ Xxxxxx X. Xxxxxxxx Name: Xxxxxx X. Xxxxxxxx Title: Executive Vice President, General Counsel and Secretary |
| COMMON AND PREFERRED STOCKHOLDERS: AG RENTAL, L.L.C. |
| By: AG Private Equity Partners II, LP By: AG Funds, LP By: /s/ Xxxxxxx X. Xxxxxx Name: Xxxxxxx X. Xxxxxx Title: Authorized Signatory BAUPOST GROUP SECURITIES, LLC BAUPOST PRIVATE INVESTMENTS A-1, L.L.C. BAUPOST PRIVATE INVESTMENTS B-1, L.L.C. BAUPOST PRIVATE INVESTMENTS C-1, L.L.C. BAUPOST PRIVATE INVESTMENTS H-1, L.L.C. BAUPOST PRIVATE INVESTMENTS P-1, L.L.C. BAUPOST PRIVATE INVESTMENTS Y-1, L.L.C. BAUPOST PRIVATE INVESTMENTS BVI-1, L.L.C. BAUPOST PRIVATE INVESTMENTS BVII-1, L.L.C. BAUPOST PRIVATE INVESTMENTS BVIII-1, L.L.C. By: /s/ Xxxxxx X. Xxxxxxxxxx Name: Xxxxxx X. Xxxxxxxxxx Title: Managing Director |
| BEAR, XXXXXXX & CO, INC. By: /s/ Xxxx Xxxxxx Name: Xxxx Xxxxxx Title: Senior Managing Director CYPRESSTREE INVESTMENT PARTNERS I, LTD. By: /s/ Xxxxxxx X. Xxxxxx, Xx. Name: Xxxxxxx X. Xxxxxx, Xx. Title: Managing Director ERSTE BANK By: /s/ Xxxxx X. Lync Name: Xxxxx X. Xxxxx Title: First Vice President FIRST ALL AMERICA FINANCIAL LIFE By: /s/ Xxxxxxx X. Xxxxxx, Xx. Name: Xxxxxxx X. Xxxxxx, Xx. Title: Managing Director XXXXXXXXXX XXXXX By: /s/ Xxxxxxxxxx Xxxxx Name: Xxxxxxxxxx Xxxxx FSC CORP. By: /s/ Xxxxx Xxxxxxxx Name: Xxxxx Xxxxxxxx Title: Vice President XXXXX X. XXXX By: /s/ Xxxxx X. Xxxx Name: Xxxxx X. Xxxx XXXXXX XXXXXXXXXX By: /s/ Xxxxxx Xxxxxxxxxx Name: Xxxxxx Xxxxxxxxxx XXXX X. XXXXXX By: /s/ Xxxx X. Xxxxxx Name: Xxxx X. Xxxxxx XXXXXXX X. XXXXXX By: /s/ Xxxxxxx X. Xxxxxx Name: Xxxxxxx X. Xxxxxx XXXXXX XXXXX By: /s/ Xxxxxx Xxxxx Name: Xxxxxx Xxxxx XXXXXX X. XXXXX By: /s/ Xxxxxx X. Xxxxx Name: Xxxxxx X. Xxxxx XXXXXX X. XXXXXXXX By: /s/ Xxxxxx X. Xxxxxxxx Name: Xxxxxx X. Xxxxxxxx XX XXXXXX XXXXX BANK By: /s/ Xxxxxxx Xxx Name: Xxxxxxx Xxx Title: Authorized Signatory XXXX X. XXXXXXX By: /s/ Xxxx X. Xxxxxxx Name: Xxxx X. Xxxxxxx XXXXXX XXXXXX By: /s/ Xxxxxx Xxxxxx Name: Xxxxxx Xxxxxx XXXX X. XXXXXX By: /s/ Xxxx X. Xxxxxx Name: Xxxx X. Xxxxxx XXXXXX GUARANTY TRUST CO. By: /s/ Xxxx Xxxxx Xxxxx Name: Xxxx Xxxxx Xxxxx Title: Vice President NATIONSRENT UNSECURED CREDITOR'S LIQUIDATING TRUST By: /s/ Xxxxx Xxxxxxxxx Name: Xxxxx Xxxxxxxxx Title: Liquidating Trustee PHOENIX FUNDING I, LLC By: /s/ Xxxxxxx X. Xxxxxxx, Xx. Name: Xxxxxxx X. Xxxxxxx, Xx. Title: Managing Member XXXXXXXX XXXXXX By: /s/ Xxxxxxxx Xxxxxx Name: Xxxxxxxx Xxxxxx XXXXXX X. XXXXXX By: /s/ Xxxxxx X. Xxxxxx Name: Xxxxxx X. Xxxxxx XXXXX X. XXXX By: /s/ Xxxxx X. Xxxx Name: Xxxxx X. Xxxx XXXX X. XXXXXXXXX By: /s/ Xxxx X. Xxxxxxxxx Name: Xxxx X. Xxxxxxxxx XXXX X. XXXXXXX By: /s/ Xxxx X. Xxxxxxx Name: Xxxx X. Xxxxxxx XXXXXXX X. XXXXXX By: /s/ Xxxxxxx X. Xxxxxx Name: Xxxxxxx X. Xxxxxx XXXXXXX XXXXXXX By: /s/ Xxxxxxx Xxxxxxx Name: Xxxxxxx Xxxxxxx XXXXXXX X. XXXXXXX By: /s/ Xxxxxxx X. Xxxxxxx Name: Xxxxxxx X. Xxxxxxx XXXXXXX X. XXXXXXX, XX. By: /s/ Xxxxxxx X. Xxxxxxx, Xx. Name: Xxxxxxx X. Xxxxxxx, Xx. THE BANK OF NOVA SCOTIA By: /s/ Xxxxxx Xxxxxx Name: Xxxxxx Xxxxxx Title: Director |
Exhibit A
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XX Xxxxxx Chase Bank 000 Xxxx Xxxxxx Xxx Xxxx, XX 00000 Attention: Xxxxxxx Xxxxxxx Telephone: (000) 000-0000 Facsimile: (000) 000-0000 Email: xxxxxxx.xxxxxxx@xxxxxxxx.xxx |
Baupost Group Securities, LLC. 00 Xx. Xxxxx Xxxxxx Xxxxx 0000 Xxxxxx , XX 00000 Attention: Xxx Xxxxxx Telephone: (000) 000-0000 Facsimile: n/a Email: xxx@xxxxxxx.xxx |
|
Bear, Xxxxxxx & Co, Inc. 000 Xxxxxxx Xxxxxx 0xx Xxxxx Xxx Xxxx, XX 00000 Attention: Xxxx Xxxxxx (Primary) Telephone: (000) 000-0000 Facsimile: (000) 000-0000 Email: xxxxxxx@xxxx.xxx |
FSC Corp. 000 Xxxxxxx Xxxxxx, 00/X Xxxxxx, XX 00000 Attention: Xxxx X. Xxxxxxx Telephone: (000) 000-0000 Facsimile: (000) 000-0000 Email: xxxx_xxxxxxx@xxxxx.xxx |
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CypressTree Investment Partners I, Ltd. First All America Financial Life 0 Xxxxxxx Xxxx, #0 Xxxxxx, XX 00000 Attention: n/a Telephone: (000) 000-0000 Facsimile: (000) 000-0000 |
Erste Bank 000 Xxxx Xxxxxx, 00xx Xxxxx Xxx Xxxx, XX 00000 Attention: Xxxxx XxXxxxxx (Primary) Telephone: (000) 000-0000 Facsimile: (000) 000-0000 Email: xxxxxxxxxx@xxxxxxxxx.xxx |
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Xxxxxx Guaranty Trust Co. 000 Xxxx Xxxxxx, 00xx Xxxxx Xxx Xxxx, XX 00000 Attention: Xxxx Xxxxx Xxxxx and Xxxxxxx Xxxxx Telephone: (000) 000-0000 Facsimile: n/a Email: xxxxxxxxx.xxxxx@xxxxxxxx.xxx Email: xxxxxxx.x.xxxxx@xxxxxxxx.xxx |
NationsRent Unsecured Creditor's Liquidating Trust Traxi LLC 000 Xxxx 00xx Xxxxxx Xxx Xxxx, XX 00000 Attention: Xxxxx Xxxxxxxxx Telephone: (000) 000-0000 Facsimile: (000) 000-0000 Email: xxxxxxxxxx@xxxxx.xxx |
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The Bank of Nova Scotia Xxx Xxxxxxx Xxxxx Xxx Xxxx, XX 00000 Attention: Xxxxxx Xxxxxx (primary) and Xxxxxx Xxxxxxxxx Telephone: (000) 000-0000 Facsimile: (000) 000-0000 Email: xxxxxx_xxxxxx@xxxxxxxxxxxxx.xxx Email: xxxx_xxxxxxxxx@xxxxxxxxxxxxx.xxx |
Phoenix Funding I, LLC c/o NationsRent, Inc. 000 Xxxx Xxx Xxxx Xxxxxxxxx, 00xx Xxxxx Xxxx Xxxxxxxxxx, XX 00000 Attention: Xxxxxxx X. Xxxxxxx, Xx. Telephone: (000) 000-0000 Facsimile: (000) 000-0000 Email: xxxxxxxx@xxxxxxxxxxx.xxx |
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AG Rental, L.L.C. 000 Xxxx Xxxxxx, 00xx Xxxxx Xxx Xxxx, XX 00000 Attention: Xxxxxx Xxxx Telephone: (000) 000-0000 |
Xxxx Xxxxxx 000 X.X. 00xx Xxx Xxxx Xxxxxxxxxx, XX 00000 Telephone: (000)0000-0000 |
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Xxxxxxxxxx Xxxxx 0000 Xxxxxxxxxxx Xxxx Xxxxxxxx, XX 00000 |
Xxxxx Xxxx 0000 Xxx Xxxxxx Xxxxx Xxxx Xxxxxxxxxx, XX 00000 |
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Xxxxxx Xxxxxxxxxx 000 Xxxxxxxxxxx Xxxxx Xxxxxxxxx, XX 00000 |
Xxxx Xxxxxx 0000 Xxxxxxxxx Xxxxx Xxxxxx, XX 00000 |
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Xxxxxxx X. Xxxxxx 0000 Xxxxxxxxxx Xxxxx Xxxxxx, XX 00000 |
Xxxxxx Xxxxx 00 Xxxxxxxxxx Xxxx Xxxxxxxxx XX 00000 |
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Xxxxxx Xxxxx 0000 XX 000xx Xxxxx Xxxxx Xxxxxxx, XX 00000 |
Xxxxxx Xxxxxxxx 0000 XX 000xx Xxxxxx Xxxxx Xxxxx Xxxxx, XX 00000 |
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Xxxx Xxxxxxx 0000 Xxxxxxxxx Xxxxxx Xxxxxxxxx, XX 00000 |
Xxxxxx Xxxxxx 00 Xxxxxxxxxx Xxxxx Xxxxxx Xxxxx Xxxxxx, XX 00000 |
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Xxxxxxxx Xxxxxx 000 XX 00xx Xxxx Xxxxx, XX 00000 |
Xxxxxx Xxxxxx 0000 Xxxxxxxxx Xxxxx Xxxx Xxxxxxxxxx, XX 00000 |
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Xxxxx Xxxx 00000 Xxxxxxx Xxxxxx, #0000 Xxxxx Xxxxx, XX 00000 |
Xxxx Xxxxxxxxx 0000 Xxxxxxx Xxxxx Xxxxxxxx, XX 00000-0000 |
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Xxxx Xxxxxxx 0000 Xxxxxxx Xxxx Xxxxxxxx, XX 00000 |
Xxxxxxx Xxxxxx 0000 X.X. 00xx Xx. Xxxxxxxxxx Xxxxx, XX 00000 |
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Xxxxxxx Xxxxxxx 000 Xxxxxx Xxxx Xxxxxxxx, XX 00000 |
Xxxxxxx Xxxxxxx 0000 Xxxx Xxxxxx Xxxxxxxxxx, XX 00000 |
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Xxxxxxx Xxxxxxx, Xx. 000 Xxxx Xxxxxx Xxxxxxxx, XX 00000 |
