W I T N E S S E T H :
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EXHIBIT 9.6
FIFTH AMENDMENT TO FIRST AMENDED
AND RESTATED INVESTORS' AGREEMENT
This Fifth Amendment to the First Amended and Restated Investors'
Agreement (this "AGREEMENT") dated as of February 24, 2000 is entered into by
and among Xxxxx Pet Care Enterprises, Inc., formerly known as DPC Acquisition
Corp. (the "COMPANY"), Xxxxx Pet Care Company, formerly known as Xxxxx Products
Company ("XXXXX"), and the other Persons that have executed this Agreement as
indicated on the signature pages hereto.
W I T N E S S E T H :
WHEREAS, certain stockholders and warrantholders of the Company are
parties to or bound by that certain First Amended and Restated Investors'
Agreement dated as of August 3, 1998, as amended to date (the "ORIGINAL
AGREEMENT");
WHEREAS, the undersigned, constituting the holders of more than 75% of
the shares of Common Stock of the Company (including the Warrants on an "as-if
exercised" basis) desire to amend the Original Agreement on the terms of this
Agreement and, except as amended by this Agreement, ratify the terms of the
Original Agreement.
NOW, THEREFORE, for good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, and in exchange for the mutual
covenants herein, the parties hereto agree as follows:
AGREEMENTS
1. Defined Terms. Capitalized terms used in this Agreement that are not defined
herein shall have the meanings given to them in the Original Agreement.
2. Amendments. The Original Agreement is hereby amended so that the sale by
Walid and Xxxxx Xxxxxx of the shares of Class A Common Stock on Exhibit A to the
Xxxxx employees listed on Exhibit A shall not trigger any rights of first offer
under Section 4.1 or any tag-along rights under Section 4.2 of the Original
Agreement. The undersigned agree that such Xxxxx employees will not become
parties to the Original Agreement, as amended, but instead shall enter into a
form of employee stockholder agreement similar to that entered into by other
Xxxxx employees upon their acquisition of common stock from the Company.
3. Ratification. Except as expressly set forth herein, the terms and provisions
of the Original Agreement, as amended prior to the date hereof, are hereby
ratified and confirmed.
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4. Miscellaneous. This Agreement may be executed in one or more counterparts,
each of which shall be deemed to be an original, but all of which shall
constitute one and the same agreement.
IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be
duly executed by their respective authorized officers as of the day and year
first above written.
XXXXX PET CARE ENTERPRISES, INC.
By: /s/ XXXXXX X. XXXXXXXXXX
-------------------------------------
Xxxxxx X. Xxxxxxxxxx
Senior Vice President & CFO
XXXXX PET CARE COMPANY
By: /s/ XXXXXX X. XXXXXXXXXX
-------------------------------------
Xxxxxx X. Xxxxxxxxxx
Senior Vice President & CFO
SUMMIT CAPITAL INC.
By: /s/ XXXXXX X. XXXXX
----------------------------------
Xxxxxx X. Xxxxx
Chairman
CHASE MANHATTAN INVESTMENT
HOLDINGS, INC.
By: /s/ XXXXXXX X. XXXXXX
----------------------------------
Name: Xxxxxxx X. Xxxxxx
--------------------------------
Title: CEO
-------------------------------
BASEBALL PARTNERS
By: /s/ XXXXX XXXXXXX
----------------------------------
Name: Xxxxx Xxxxxxx
--------------------------------
Title: General Partner
-------------------------------
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SUMMIT/DPC PARTNERS, L.P.
BY: SUMMIT CAPITAL, INC.,
its General Partner
By: /s/ XXXXXX X. XXXXX
----------------------------------
Xxxxxx X. Xxxxx
Chairman
DLJ MERCHANT BANKING PARTNERS, L.P.,
a Delaware Limited Partnership
BY: DLJ MERCHANT BANKING, INC.
Managing General Partner
By: /s/ XXXXX XXXXXX
----------------------------------
Name: Xxxxx Xxxxxx
--------------------------------
Title: Managing Director
-------------------------------
DLJ INTERNATIONAL PARTNERS, C.V.
BY: DLJ MERCHANT BANKING, INC.
Advisory General Partner
By: /s/ XXXXX XXXXXX
----------------------------------
Name: Xxxxx Xxxxxx
--------------------------------
Title: Managing Director
-------------------------------
DLJ OFFSHORE PARTNERS, C.V.
BY: DLJ MERCHANT BANKING, INC.
Advisory General Partner
By: /s/ XXXXX XXXXXX
----------------------------------
Name: Xxxxx Xxxxxx
--------------------------------
Title: Managing Director
-------------------------------
DLJ FIRST ESC, L.L.C.
By: /s/ XXXXX XXXXXX
----------------------------------
Name: Xxxxx Xxxxxx
--------------------------------
Title: Managing Director
-------------------------------
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DLJ MERCHANT BANKING FUNDING, INC.
By: /s/ XXXXX XXXXXX
----------------------------------
Name: Xxxxx Xxxxxx
--------------------------------
Title: Managing Director
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THE XXXXXXXXX 1989 TRUST
By:
----------------------------------
Name:
--------------------------------
Title:
-------------------------------
By:
-------------------------------------
Xxxx X. Xxxxx
By:
-------------------------------------
Xxxxx X. Xxxxxxx
By: /s/ XXX X. XXXXXXXX
-------------------------------------
Xxx X. Xxxxxxxx
XXXXXXXX MANAGEMENT L.P.
By: /s/ XXX X. XXXXXXXX
----------------------------------
Name: Xxx X. Xxxxxxxx
--------------------------------
Title: Managing Partner
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XXX X. XXXXXXXX GRANTOR RETAINED
ANNUITY TRUST
By: /s/ XXX X. XXXXXXXX
----------------------------------
Name: Xxx X. Xxxxxxxx
--------------------------------
Title: Trustee
-------------------------------
XXXXXXX X. XXXXXXXX GRANTOR RETAINED
ANNUITY TRUST
By: /s/ XXX X. XXXXXXXX
----------------------------------
Name: Xxx X. Xxxxxxxx
--------------------------------
Title: Trustee
-------------------------------
By:
-------------------------------------
Xxxxxxx X. Xxxxxxxx
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By:
-------------------------------------
Xxx X. Xxxx
By:
-------------------------------------
Xxxx X. Xxxxxxxx
By:
-------------------------------------
J. Xxxxx Xxxxxx
By:
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Xxxxx Xxxxxxx Xxxxxx
By: /s/ XXXXX XXXXXX
-------------------------------------
Xxxxx Xxxxxx
THE KAREEM XXXXXX XXXXXX TRUST
By: /s/ XXXXX XXXXXX
-------------------------------------
Xxxxx Xxxxxx, Trustee
THE XXXX XXXXX XXXXXX TRUST
By: /s/ XXXXX XXXXXX
-------------------------------------
Xxxxx Xxxxxx, Trustee
THE XXXXX XXXXXX XXXXXX TRUST
By: /s/ XXXXX XXXXXX
-------------------------------------
Xxxxx Xxxxxx, Trustee
By:
-------------------------------------
Xxxx X. Xxxxxxxxx
By:
-------------------------------------
Xxx X. Xxxxxxxxx
By:
-------------------------------------
Xxxx X. Xxxxxxxxx
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The following signatories are the "XXXXX XXXX INVESTORS." Each of the
Xxxxx Xxxx Investors and IBJ Whitehall Bank & Trust Company ("IBJ") are parties
to an escrow and pledge agreement dated August 3, 1998 pursuant to which IBJ, as
escrow and collateral agent, is the record holder of all shares of Common Stock
beneficially owned by the Xxxxx Xxxx Investors. Each of the undersigned Xxxxx
Xxxx Investors, as evidenced by its signature below, hereby directs IBJ to enter
into this Agreement.
DARTFORD PARTNERSHIP, L.L.C.
By: /s/ XXX XXXXX
----------------------------------
Name: Xxx Xxxxx
--------------------------------
Title: Partner
-------------------------------
BRUCKMANN, XXXXXX, XXXXXXXX & CO., L.P.
By: /s/ XXXXXXX XXXXXXXX
---------------------------------
Name: Xxxxxxx Xxxxxxxx
--------------------------------
Title: Managing Director
-------------------------------
PNC CAPITAL CORP
By:
----------------------------------
Name:
--------------------------------
Title:
-------------------------------
XXXXX XXXX PET FOOD COMPANY L.L.C.
By: /s/ XXX XXXXX
----------------------------------
Name: Xxx Xxxxx
--------------------------------
Title: Vice President
-------------------------------
-------------------------------------
Xxxxxx X. Xxxx
-------------------------------------
F. Xxxxxx Xxxxx, Xx.
-------------------------------------
Xxxxxx X. Xxxx
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-------------------------------------
Xxxxx X. Xxxx, Xx.
-------------------------------------
Xxx X. XxXxxxx
-------------------------------------
Xxxxxx X. Xxxxxx
-------------------------------------
Xxxxxxx Xxxxxxxx
BCB PARTNERSHIP, XXXXX X. XXXXXXXXX,
XXXXXX X. XXXXXXXXX, XXXX X. XXXXXXXX,
NAZ PARTNERSHIP, XXXXXX X. XXXXXX, H.
XXXXXX XXXXXXXX, XXXXXXX X. XXXXXXXX,
XXXXX X. XXXXX, XXXXXXXXX XXXXXXX,
XXXXXXX PLACE, BY THE FOLLOWING PERSONS:
By: /s/ XXXXXXX X. XXXXXXXX
-------------------------------------
Xxxxxxx X. Xxxxxxxx, Attorney-in-Fact
/s/ XXXXXXX X. XXXXXXXX
-------------------------------------
Xxxxxxx X. Xxxxxxxx, Individually
The undersigned joins in this Agreement only if required under the terms of the
escrow and pledge agreement among the undersigned financial institution and the
Xxxxx Xxxx Investors, as amended from time to time.
BANK OF NEW YORK (formerly IBJ Whitehall
Bank & Trust Company), as escrow and
collateral agent and record holder for
the shares of Common Stock beneficially
owned by the Xxxxx Xxxx Investors set
forth above.
By:
-------------------------------------
Name:
-----------------------------------
Title:
----------------------------------
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The undersigned, being the duly elected Secretary of Xxxxx and the Company,
hereby executes this Agreement to evidence the fact that this Agreement has been
approved by the respective Boards of Directors of Xxxxx and the Company at
meetings duly convened on February 24, 2000.
/s/ XXXXXX X. XXXXXXXXXX
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Xxxxxx X. Xxxxxxxxxx, Secretary
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EXHIBIT A
TO
FIFTH AMENDMENT TO FIRST AMENDED
AND RESTATED INVESTORS' AGREEMENT
EXECUTIVE OFFICER NUMBER OF SHARES
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Xxxx Xxxxxxxx 1000
Xxxx Xxxxxx 10,000
Xxxxxx Xxxxxxxxx 5,000
Xxxxx Xxxxxxxx 10,000
Xxxx Xxxxxxxx 5,000
