EX-4.7 13 dex47.htm AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT TRIUS THERAPEUTICS, INC. AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT
Exhibit 4.7
TRIUS THERAPEUTICS, INC.
AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT
THIS AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT (the “Agreement”) is entered into as of March 19, 2008, by and among TRIUS THERAPEUTICS, INC., a Delaware corporation (the “Company”) and the investors listed on Exhibit A hereto (referred to hereinafter as the “Investors” and each individually as an “Investor”).
WHEREAS, in connection with the Company’s prior sale of its Series A-2 Preferred Stock (the “Series A-2 Stock”), the Company and certain of the Investors entered into that certain Amended and Restated Investor Rights Agreement dated February 13, 2007 (the “Prior Agreement”);
(a) “Common Stock” means the Company’s Common Stock, $0.0001 par value.
(b) “Exchange Act” means the Securities Exchange Act of 1934, as amended.
(c) “Form S-3” means such form under the Securities Act as in effect on the date hereof or any successor or similar registration form under the Securities Act subsequently adopted by the SEC which permits inclusion or incorporation of substantial information by reference to other documents filed by the Company with the SEC.
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(d) “Holder” means any Investor owning of record Registrable Securities that have not been sold to the public or any assignee of record of such Registrable Securities in accordance with Section 2.9 hereof.
(e) “Initial Offering” means the Company’s first firm commitment underwritten public offering of the Common Stock registered under the Securities Act.
(f) “Register,” “registered,” and “registration” refer to a registration effected by preparing and filing a registration statement in compliance with the Securities Act, and the declaration or ordering of effectiveness of such registration statement or document.
(g) “Registrable Securities” means (a) Common Stock issuable or issued upon conversion of the Shares and (b) any Common Stock issued as (or issuable upon the 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, such above-described securities. Notwithstanding the foregoing, Registrable Securities shall not include any securities (i) sold by a person to the public either pursuant to a registration statement or Rule 144, (ii) sold in a private transaction in which the transferor’s rights under Section 2 of this Agreement are not assigned or (iii) held by a Holder (together with its affiliates) if, as reflected on the Company’s list of stockholders, such Holder (together with its affiliates) holds less than 1% of the outstanding Common Stock (treating all shares of Series Preferred on an as-if-converted basis), the Company has completed its Initial Offering and all shares of Common Stock issuable or issued upon conversion of the Shares held by and issuable to such Holder (and its affiliates) may be sold pursuant to Rule 144 during any 90-day period.
(h) “Registrable Securities then outstanding” shall be the number of shares of the Common Stock that are Registrable Securities and either (a) are then issued and outstanding or (b) are issuable pursuant to then exercisable or convertible securities.
(i) “Registration Expenses” shall mean all expenses incurred by the Company in complying with Sections 2.2, 2.3 and 2.4 hereof, including, without limitation, all registration and filing fees, printing expenses, fees and disbursements of counsel for the Company, reasonable fees and disbursements of a single special counsel for the Holders, blue sky fees and expenses, and the expense of any special audits incident to or required by any such registration (but excluding the compensation of regular employees of the Company which shall be paid in any event by the Company).
(j) “Rule 144” shall mean Rule 144 promulgated under the Securities Act.
(k) “SEC” or “Commission” means the Securities and Exchange Commission.
(l) “Securities Act” shall mean the Securities Act of 1933, as amended.
(m) “Selling Expenses” shall mean all stock transfer taxes, underwriting discounts and selling commissions applicable to the sale.
(n) “Series A-1 Stock” shall mean the Company’s Series A-1 Preferred Stock.
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(o) “Series Preferred” shall mean the Series A-1 Stock, the Series A-2 Stock and the Series B Stock.
(p) “Shares” shall mean the Series Preferred held from time to time by the Investors listed on Exhibit A hereto and their permitted assigns and, except for Sections 2.2 and 2.4, the Series A-1 Stock and Series A-2 Stock issuable upon exercise of the Warrants.
(q) “Special Registration Statement” shall mean (i) a registration statement relating to any employee benefit plan or (ii) with respect to any corporate reorganization or transaction under Rule 145 of the Securities Act, any registration statements related to the issuance or resale of securities issued in such a transaction or (iii) a registration related to stock issued upon conversion of debt securities.
(r) “Warrants” shall mean (i) that certain warrant to purchase Series A-1 Stock held by Xxxxxxxx Biotechnology Group, Inc. dated November 1, 2004, (ii) that certain warrant to purchase Series A-1 Stock held by VenCore Solutions LLC dated December 20, 2005, (iii) that certain warrant to purchase Series A-1 Stock held by VenCore Solutions LLC dated October 13, 2006, (iv) that certain warrant to purchase Series A-2 Stock held by VenCore Solutions LLC dated June 14, 2007 and (v) that certain warrant to purchase Series A-2 Stock held by TriplePoint Capital LLC dated September 14, 2007.
SECTION 2. REGISTRATION; RESTRICTIONS ON TRANSFER.
(a) Each Holder agrees not to make any disposition of all or any portion of the Shares or Registrable Securities unless and until:
(i) there is then in effect a registration statement under the Securities Act covering such proposed disposition and such disposition is made in accordance with such registration statement; or
(ii) (A) The transferee has agreed in writing to be bound by the terms of this Agreement, (B) such Holder shall have notified the Company of the proposed disposition and shall have furnished the Company with a detailed statement of the circumstances surrounding the proposed disposition, and (C) if reasonably requested by the Company, such Holder shall have furnished the Company with an opinion of counsel, reasonably satisfactory to the Company, that such disposition will not require registration of such shares under the Securities Act. It is agreed that the Company will not require opinions of counsel for transactions made pursuant to Rule 144, except in unusual circumstances. After its Initial Offering, the Company will not require any transferee pursuant to Rule 144 to be bound by the terms of this Agreement if the shares so transferred do not remain Registrable Securities hereunder following such transfer.
(b) Notwithstanding the provisions of subsection (a) immediately above, no such restriction shall apply to a transfer by a Holder that is (A) a partnership transferring to its partners or former partners their respective partnership interests in accordance with the terms of the applicable partnership agreement, (B) a corporation transferring to a wholly-owned subsidiary or a parent
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corporation that owns all of the capital stock of the Holder, (C) a limited liability company transferring to its members or former members their respective interest in the limited liability company in accordance with the terms of the limited liability company agreement, or (D) an individual transferring to the Holder’s family member or trust for the benefit of an individual Holder; provided that in each case the transferee will agree in writing to be subject to the terms of this Agreement to the same extent as if he were an original Holder hereunder.
(c) Each certificate representing Shares or Registrable Securities shall be stamped or otherwise imprinted with legends substantially similar to the following (in addition to any legend required under applicable state securities laws):
THE SECURITIES REPRESENTED HEREBY HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “ACT”) AND MAY NOT BE OFFERED, SOLD OR OTHERWISE TRANSFERRED, ASSIGNED, PLEDGED OR HYPOTHECATED UNLESS AND UNTIL REGISTERED UNDER THE ACT OR UNLESS THE COMPANY HAS RECEIVED AN OPINION OF COUNSEL SATISFACTORY TO THE COMPANY AND ITS COUNSEL THAT SUCH REGISTRATION IS NOT REQUIRED.
THE SALE, PLEDGE, HYPOTHECATION OR TRANSFER OF THE SECURITIES REPRESENTED BY THIS CERTIFICATE IS SUBJECT TO THE TERMS AND CONDITIONS OF A CERTAIN INVESTOR RIGHTS AGREEMENT BY AND BETWEEN THE STOCKHOLDER AND THE COMPANY. COPIES OF SUCH INVESTOR RIGHTS AGREEMENT MAY BE OBTAINED UPON WRITTEN REQUEST TO THE SECRETARY OF THE COMPANY.
(d) The Company shall be obligated to reissue promptly unlegended certificates at the request of any Holder thereof if the Company has completed its Initial Offering and the Holder shall have obtained subject to Sections 2.1(a) and 2.1(b) an opinion of counsel (which counsel may be counsel to the Company) reasonably acceptable to the Company to the effect that the securities proposed to be disposed of may lawfully be so disposed of without registration, qualification and legend; provided, that the second legend listed above shall be removed only at such time as the Holder of such certificate is no longer subject to any restrictions hereunder.
(e) Any legend endorsed on an instrument pursuant to applicable state securities laws and the stop-transfer instructions with respect to such securities shall be removed upon receipt by the Company of an order of the appropriate blue sky authority authorizing such removal.
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(a) Subject to the conditions of this Section 2.2, if the Company shall receive a written request from the Holders of at least 20% of the Registrable Securities (the “Initiating Holders”) that the Company file a registration statement under the Securities Act covering the registration of at least 20% of the Registrable Securities then outstanding (or a lesser percent if the anticipated aggregate offering price, net of underwriting discounts and commissions, is at least $5,000,000), then the Company shall, within 30 days of the receipt thereof, give written notice of such request to all Holders, and subject to the limitations of this Section 2.2, effect, as expeditiously as reasonably possible, the registration under the Securities Act of all Registrable Securities that all Holders request to be registered.
(b) If the Initiating Holders intend to distribute the Registrable Securities covered by their request by means of an underwriting, they shall so advise the Company as a part of their request made pursuant to this Section 2.2 or any request pursuant to Section 2.4 and the Company shall include such information in the written notice referred to in Section 2.2(a) or Section 2.4(a), as applicable. In such event, the right of any Holder to include its Registrable Securities in such registration shall be conditioned upon such Holder’s participation in such underwriting and the inclusion of such Holder’s Registrable Securities in the underwriting to the extent provided herein. All Holders proposing to distribute their securities through such underwriting shall enter into an underwriting agreement in customary form with the underwriter or underwriters selected for such underwriting by the Holders of a majority of the Registrable Securities held by all Initiating Holders (which underwriter or underwriters shall be reasonably acceptable to the Company). Notwithstanding any other provision of this Section 2.2 or Section 2.4, if the underwriter advises the Company that marketing factors require a limitation of the number of securities to be underwritten (including Registrable Securities) then the Company shall so advise all Holders of Registrable Securities that would otherwise be underwritten pursuant hereto, and the number of shares that may be included in the underwriting shall be allocated to the Holders of such Registrable Securities on a pro rata basis based on the number of Registrable Securities held by all such Holders (including the Initiating Holders); provided, however, that the number of shares of Registrable Securities to be included in such underwriting and registration shall not be reduced unless all other securities of the Company are first entirely excluded from the underwriting and registration; provided further, that if such reduction shall reduce the amount of Registrable Securities held by such Holders to be included in such underwriting and registration below 50% of the total amount of Registrable Securities requested to be included in such registration by the Initiating Holders, then such registration shall not be counted as a registration effected pursuant to Section 2.2 or Section 2.4. Any Registrable Securities excluded or withdrawn from such underwriting shall be withdrawn from the registration.
(c) The Company shall not be required to effect a registration pursuant to this Section 2.2:
(i) prior to the earlier of (A) the third anniversary of the date of this Agreement or (B) of the expiration of the restrictions on transfer set forth in Section 2.11 following the Initial Offering;
(ii) after the Company has effected two registrations pursuant to this Section 2.2, such registrations have been declared or ordered effective, there are no stop orders in effect and the Company has otherwise complied with its obligations set forth in Section 2.6 hereof with respect to such registrations, each at the time of any subsequent request to effect any additional registration pursuant to this Section 2.2;
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(iii) during the period starting with the date of filing of, and ending on the date 180 days following the effective date of the registration statement pertaining to the Initial Offering (or such longer period as may be determined pursuant to Section 2.11 hereof); provided that the Company makes reasonable good faith efforts to cause such registration statement to become effective;
(iv) if within 30 days of receipt of a written request from Initiating Holders pursuant to Section 2.2(a), the Company gives notice to the Holders of the Company’s intention to file a registration statement for its Initial Offering within 90 days of the time of the Company’s receipt of such written request in which the Initiating Holders have been or will be permitted to include all the Registrable Securities so requested to be registered, subject to Section 2.2(b);
(v) if the Company shall furnish to Holders requesting a registration statement pursuant to this Section 2.2 a certificate signed by the Chairman of the Board stating that in the good faith judgment of the Board of Directors of the Company (the “Board”), it would be seriously detrimental to the Company and its stockholders for such registration statement to be effected at such time, in which event the Company shall have the right to defer such filing for a period of not more than 90 days after receipt of the request of the Initiating Holders; provided that such right to delay a request under this Section 2.2(c)(v) (together with any similar right in the case of a registration under Section 2.4) shall be exercised by the Company not more than twice in any 12-month period;
(vi) if the Initiating Holders propose to dispose of shares of Registrable Securities that may be immediately registered on Form S-3 pursuant to a request made pursuant to Section 2.4 below; or
(vii) in any particular jurisdiction in which the Company would be required to qualify to do business or to execute a general consent to service of process in effecting such registration, qualification or compliance.
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(a) promptly give written notice of the proposed registration, and any related qualification or compliance, to all other Holders of Registrable Securities; and
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(b) as soon as practicable, effect such registration and all such qualifications and compliances as may be so requested and as would permit or facilitate the sale and distribution of all or such portion of such Holder’s or Holders’ Registrable Securities as are specified in such request, together with all or such portion of the Registrable Securities of any other Holder or Holders joining in such request as are specified in a written request given within 15 days after receipt of such written notice from the Company; provided, however, that the Company shall not be obligated to effect any such registration, qualification or compliance pursuant to this Section 2.4:
(i) if Form S-3 is not available for such offering by the Holders, or
(ii) if the Holders, together with the holders of any other securities of the Company entitled to inclusion in such registration, propose to sell Registrable Securities and such other securities (if any) at an aggregate price to the public of less than $1,000,000, or
(iii) if within 30 days of receipt of a written request from any Holder or Holders pursuant to this Section 2.4, the Company gives notice to such Holder or Holders of the Company’s intention to file a registration statement for a public offering within 90 days, other than pursuant to a Special Registration Statement, or
(iv) if the Company shall furnish to the Holders a certificate signed by the Chairman of the Board stating that in the good faith judgment of the Board, it would be seriously detrimental to the Company and its stockholders for such Form S-3 registration to be effected at such time, in which event the Company shall have the right to defer the filing of the Form S-3 registration statement for a period of not more than 60 days after receipt of the request of the Holder or Holders under this Section 2.4; provided, that such right to delay a request under this Section 2.4(b)(iv) (together with any similar right in the case of a registration under Section 2.2) shall be exercised by the Company not more than twice in any 12-month period, or
(v) if the Company has, within the 12-month period preceding the date of such request, already effected two registrations on Form S-3 for the Holders pursuant to this Section 2.4, such registrations have been declared or ordered effective, there are no stop orders in effect and the Company has otherwise complied with its obligations set forth in Section 2.6 hereof with respect to such registrations, each at the time of any subsequent request to effect any additional registration pursuant to this Section 2.4, or
(vi) in any particular jurisdiction in which the Company would be required to qualify to do business or to execute a general consent to service of process in effecting such registration, qualification or compliance.
(c) Subject to the foregoing, the Company shall file a Form S-3 registration statement covering the Registrable Securities and other securities so requested to be registered as soon as practicable after receipt of the requests of the Holders. Registrations effected pursuant to this Section 2.4 shall not be counted as demands for registration or registrations effected pursuant to Section 2.2.
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(a) prepare and file with the SEC a registration statement with respect to such Registrable Securities and use all reasonable efforts to cause such registration statement to become effective, and, upon the request of the Holders of a majority of the Registrable Securities registered thereunder, keep such registration statement effective for up to 180 days or, if earlier, until the Holder or Holders have completed the distribution related thereto; provided, however, that at any time, upon written notice to the participating Holders and for a period not to exceed 60 days thereafter (the “Suspension Period”), the Company may delay the filing or effectiveness of any registration statement or suspend the use or effectiveness of any registration statement (and the Holders hereby agree not to offer or sell any Registrable Securities pursuant to such registration statement during the Suspension Period) if the Company reasonably believes that there is or may be in existence material nonpublic information or events involving the Company, the failure of which to be disclosed in the prospectus included in the registration statement could result in a Violation (as defined below). In the event that the Company shall exercise its right to delay or suspend the filing or effectiveness of a registration hereunder, the applicable time period during which the registration statement is to remain effective shall be extended by a period of time equal to the duration of the Suspension Period. The Company may extend the Suspension Period for an additional consecutive 60 days with the consent of the holders of a majority of the Registrable Securities registered under the applicable registration statement. If so directed by the
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Company, all Holders registering shares under such registration statement shall (i) not offer to sell any Registrable Securities pursuant to the registration statement during the period in which the delay or suspension is in effect after receiving notice of such delay or suspension; and (ii) use their best efforts to deliver to the Company (at the Company’s expense) all copies, other than permanent file copies then in such Holders’ possession, of the prospectus relating to such Registrable Securities current at the time of receipt of such notice. Notwithstanding the foregoing, the Company shall not be required to file, cause to become effective or maintain the effectiveness of any registration statement other than a registration statement on Form S-3 that contemplates a distribution of securities on a delayed or continuous basis pursuant to Rule 415 under the Securities Act.
(b) Prepare and file with the SEC such amendments and supplements to such registration statement and the prospectus used in connection with such registration statement as may be necessary to comply with the provisions of the Securities Act with respect to the disposition of all securities covered by such registration statement for the period set forth in subsection (a) above.
(c) Use its reasonable efforts to register and qualify the securities covered by such registration statement under such other securities or Blue Sky laws of such jurisdictions as shall be reasonably requested by the Holders; provided that the Company shall not be required in connection therewith or as a condition thereto to qualify to do business or to file a general consent to service of process in any such states or jurisdictions.
(d) In the event of any underwritten public offering, enter into and perform its obligations under an underwriting agreement, in usual and customary form, with the managing underwriter(s) of such offering. Each Holder participating in such underwriting shall also enter into and perform its obligations under such an agreement; provided, however, each Holder’s (i) representations and warranties thereunder shall be limited to matters respecting its ownership of the Registrable Securities and such other information it adds to the registration statement regarding itself, and (ii) indemnification thereunder shall be (x) limited to the information in item (i) immediately above, and be expressly subject to the net proceeds from the offering received by such Holder in the offering, and (y) shall be a several obligation of such Holder (and shall not be a joint and several obligation of all of the Holders).
(e) Notify each Holder of Registrable Securities covered by such registration statement at any time when a prospectus relating thereto is required to be delivered under the Securities Act of the happening of any event as a result of which the prospectus included in such registration statement, as then in effect, includes an untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the statements therein not misleading in the light of the circumstances then existing. The Company will amend or supplement such prospectus in order to cause such prospectus not to include any untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein not misleading in the light of the circumstances then existing.
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(f) Use its reasonable efforts to furnish, on the date that such Registrable Securities are delivered to the underwriters for sale, if such securities are being sold through underwriters, (i) an opinion, dated as of such date, of the counsel representing the Company for the purposes of such registration, in form and substance as is customarily given to underwriters in an underwritten public offering, addressed to the underwriters, if any, and (ii) a letter, dated as of such date, from the independent certified public accountants of the Company, in form and substance as is customarily given by independent certified public accountants to underwriters in an underwritten public offering addressed to the underwriters.
(g) Make generally available to its security holders, and to deliver to each Holder participating in the registration statement, an earnings statement of the Company that will satisfy the provisions of Section 11(a) of the Securities Act covering a period of 12 months beginning after the effective date of such registration statement as soon as reasonably practicable after the termination of such 12-month period.
2.7 Delay of Registration; Furnishing Information.
(a) No Holder shall have any right to obtain or seek an injunction restraining or otherwise delaying any such registration as the result of any controversy that might arise with respect to the interpretation or implementation of this Section 2.
(b) It shall be a condition precedent to the obligations of the Company to take any action pursuant to Sections 2.2, 2.3 or 2.4 that the selling Holders shall furnish to the Company such information regarding themselves, the Registrable Securities held by them and the intended method of disposition of such securities as shall be required to effect the registration of their Registrable Securities.
(c) The Company shall have no obligation with respect to any registration requested pursuant to Section 2.2 or Section 2.4 if the number of shares or the anticipated aggregate offering price of the Registrable Securities to be included in the registration does not equal or exceed the number of shares or the anticipated aggregate offering price required to originally trigger the Company’s obligation to initiate such registration as specified in Section 2.2 or Section 2.4, whichever is applicable.
(a) The Company will indemnify and hold harmless each Holder, the partners, members, officers and directors of each Holder, any underwriter (as defined in the Securities Act) for such Holder and each person, if any, who, directly or indirectly, controls, is controlled by or is under common control with such Holder or underwriter within the meaning of the Securities Act or the Exchange Act, against any losses, claims, damages, or liabilities (joint or several) (or actions in respect thereto) to which any of the foregoing entities or persons may become subject under the Securities Act, the Exchange Act or other federal or state law, insofar as such losses, claims, damages or liabilities (or actions in respect thereto) arise out of or are based upon any of the following statements, omissions or violations (collectively a “Violation”) by the Company: (i) any untrue statement or alleged untrue statement of a material fact contained in such registration statement or incorporated by reference therein, including any preliminary prospectus
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or final prospectus contained therein or otherwise filed with the SEC or any amendments or supplements thereto, (ii) the omission or alleged omission to state therein a material fact required to be stated therein, or necessary to make the statements therein not misleading, or (iii) any violation or alleged violation by the Company of the Securities Act, the Exchange Act, any state securities law or any rule or regulation promulgated under the Securities Act, the Exchange Act or any state securities law in connection with the offering covered by such registration statement; and the Company will reimburse each such Holder, partner, member, officer, director, underwriter or control person for any legal or other expenses reasonably incurred by any of them in connection with investigating or defending any such loss, claim, damage, liability or action; provided however, that the indemnity agreement contained in this Section 2.8(a) shall not apply to amounts paid in settlement of any such loss, claim, damage, liability or action if such settlement is effected without the consent of the Company, which consent shall not be unreasonably withheld or delayed, nor shall the Company be liable in any such case for any such loss, claim, damage, liability or action to the extent that it arises out of or is based upon a Violation which occurs in reliance upon and in conformity with written information furnished expressly for use in connection with such registration by such Holder, partner, member, officer, director, underwriter or control person of such Holder.
(b) Each Holder will, if Registrable Securities held by such Holder are included in the securities as to which such registration qualifications or compliance is being effected, severally and not jointly and severally, indemnify and hold harmless the Company, each of its directors, its officers and each person, if any, who, directly or indirectly, controls, is controlled by or is under common control with the Company within the meaning of the Securities Act, any underwriter and any other Holder selling securities under such registration statement or any of such other Holder’s partners, members, directors or officers or any person who, directly or indirectly, controls, is controlled by or is under common control with such Holder, against any losses, claims, damages or liabilities (joint or several) (or actions in respect thereto) to which the Company or any such director, officer, control person, underwriter or other such Holder, or partner, member, director, officer or control person of such other Holder may become subject under the Securities Act, the Exchange Act or other federal or state law, insofar as such losses, claims, damages or liabilities (or actions in respect thereto) arise out of or are based upon any of the following statements: (i) any untrue statement or alleged untrue statement of a material fact contained in such registration statement or incorporated by reference therein, including any preliminary prospectus or final prospectus contained therein or otherwise filed with the SEC or any amendments or supplements thereto, (ii) the omission or alleged omission to state therein a material fact required to be stated therein, or necessary to make the statements therein not misleading, or (iii) any violation or alleged violation by the Company of the Securities Act (collectively, a “Holder Violation”), in each case to the extent (and only to the extent) that such Holder Violation occurs in reliance upon and in conformity with written information furnished by such Holder under an instrument duly executed by such Holder and stated to be specifically for use in connection with such registration; and each such Holder will reimburse any legal or other expenses reasonably incurred by the Company or any such director, officer, control person, underwriter or other Holder, or partner, member, officer, director or control person of such other Holder in connection with investigating or defending any such loss, claim, damage, liability or action if it is judicially determined that there was such a Holder Violation; provided, however, that the indemnity agreement contained in this Section 2.8(b) shall not apply to amounts paid in settlement of any such loss, claim, damage, liability or action if such settlement is
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effected without the consent of the Holder, which consent shall not be unreasonably withheld or delayed; provided further, that in no event shall any indemnity under this Section 2.8 exceed the net proceeds from the offering received by such Holder.
(c) Promptly after receipt by an indemnified party under this Section 2.8 of notice of the commencement of any action (including any governmental action), such indemnified party will, if a claim in respect thereof is to be made against any indemnifying party under this Section 2.8, deliver to the indemnifying party a written notice of the commencement thereof and the indemnifying party shall have the right to participate in, and, to the extent the indemnifying party so desires, jointly with any other indemnifying party similarly noticed, to assume the defense thereof with counsel mutually satisfactory to the parties; provided, however, that an indemnified party shall have the right to retain its own counsel, with the fees and expenses thereof to be paid by the indemnifying party, if representation of such indemnified party by the counsel retained by the indemnifying party would be inappropriate due to actual or potential differing interests between such indemnified party and any other party represented by such counsel in such proceeding. The failure to deliver written notice to the indemnifying party within a reasonable time of the commencement of any such action shall relieve such indemnifying party of any liability to the indemnified party under this Section 2.8 to the extent, and only to the extent, prejudicial to its ability to defend such action, but the omission so to deliver written notice to the indemnifying party will not relieve it of any liability that it may have to any indemnified party otherwise than under this Section 2.8.
(d) If the indemnification provided for in this Section 2.8 is held by a court of competent jurisdiction to be unavailable to an indemnified party with respect to any losses, claims, damages or liabilities referred to herein, the indemnifying party, in lieu of indemnifying such indemnified party thereunder, shall to the extent permitted by applicable law contribute to the amount paid or payable by such indemnified party as a result of such loss, claim, damage or liability in such proportion as is appropriate to reflect the relative fault of the indemnifying party on the one hand and of the indemnified party on the other in connection with the Violation(s) or Holder Violation(s) that resulted in such loss, claim, damage or liability, as well as any other relevant equitable considerations. The relative fault of the indemnifying party and of the indemnified party shall be determined by a court of law by reference to, among other things, whether the untrue or alleged untrue statement of a material fact or the omission to state a material fact relates to information supplied by the indemnifying party or by the indemnified party and the parties’ relative intent, knowledge, access to information and opportunity to correct or prevent such statement or omission; provided, that in no event shall any contribution by a Holder hereunder exceed the net proceeds from the offering received by such Holder.
(e) The obligations of the Company and Holders under this Section 2.8 shall survive completion of any offering of Registrable Securities in a registration statement and, with respect to liability arising from an offering to which this Section 2.8 would apply that is covered by a registration filed before termination of this Agreement, such termination. No indemnifying party, in the defense of any such claim or litigation, shall, except with the consent of each indemnified party, consent to entry of any judgment or enter into any settlement which does not include as an unconditional term thereof the giving by the claimant or plaintiff to such indemnified party of a release from all liability in respect to such claim or litigation.
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2.11 “Market Stand-Off” Agreement. Each Holder hereby agrees that such Holder shall not sell, transfer, make any short sale of, grant any option for the purchase of, or enter into any hedging or similar transaction with the same economic effect as a sale, any Common Stock (or other securities of the Company) held by such Holder (other than those included in the registration or those acquired in or following the Initial Offering) for a period specified by the representative of the underwriters of Common Stock (or other securities of the Company) not to exceed 180 days following the effective date of the Initial Offering (or such longer period after the expiration of the 180-day period, as the underwriters or the Company shall request in order to comply with NASD Rule 2711 or NYSE Member Rule 472 or any successor or similar rule or regulation); provided, that all officers and directors of the Company (and any entities affiliated with such directors) are bound by and have entered into similar agreements for the same period of time.
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and this Section 2.12 shall not apply to a Special Registration Statement. The Company may impose stop-transfer instructions with respect to the shares of Common Stock (or other securities of the Company) subject to the foregoing restriction until the end of said 10-day period. Each Holder agrees that any transferee of any shares of Registrable Securities shall be bound by Sections 2.11 and 2.12. The underwriters of the Company’s stock are intended third party beneficiaries of Sections 2.11 and 2.12 and shall have the right, power and authority to enforce the provisions hereof as though they were a party hereto.
(a) Make and keep public information available, as those terms are understood and defined in Rule 144 or any similar or analogous rule promulgated under the Securities Act, at all times after the effective date of the first registration filed by the Company for an offering of its securities to the general public;
(b) File with the SEC, in a timely manner, all reports and other documents required of the Company under the Exchange Act; and
(c) So long as a Holder owns any Registrable Securities, furnish to such Holder forthwith upon request: a written statement by the Company as to its compliance with the reporting requirements of Rule 144 and of the Exchange Act (at any time after it has become subject to such reporting requirements); a copy of the most recent annual or quarterly report of the Company filed with the Commission; and such other reports and documents as a Holder may reasonably request in connection with availing itself of any rule or regulation of the SEC allowing it to sell any such securities without registration.
SECTION 3. COVENANTS OF THE COMPANY.
3.1 Basic Financial Information and Reporting.
(a) The Company will maintain true books and records of account in which full and correct entries will be made of all its business transactions pursuant to a system of accounting established and administered in accordance with generally accepted accounting principles consistently applied (except as noted therein or as disclosed to the recipients thereof), and will set aside on its books all such proper accruals and reserves as shall be required under generally accepted accounting principles consistently applied.
(b) So long as an Investor (with its affiliates) holds any shares of Registrable Securities (a “Current Investor”), the Company will furnish each such Current Investor, as soon as practicable after the end of each fiscal year of the Company, and in any event within 90 days thereafter, a balance sheet of the Company, as at the end of such fiscal year, and a statement of income and a statement of cash flows of the Company, for such year, all prepared in accordance with generally accepted accounting principles consistently applied (except as noted therein or as disclosed to the recipients thereof) and setting forth in each case in comparative form the figures for the previous fiscal year, all in reasonable detail. The Company will also furnish each Current Investor, as soon as
15.
practicable after the end of each fiscal year of the Company, and in any event within 150 days thereafter, such financial statements accompanied by a report and opinion thereon by independent public accountants of national standing selected by the Board.
(c) The Company will furnish each Current Investor, as soon as practicable after the end of the first, second and third quarterly accounting periods in each fiscal year of the Company, and in any event within 45 days thereafter: (i) a balance sheet of the Company as of the end of each such quarterly period, and a statement of income and a statement of cash flows of the Company for such period and for the current fiscal year to date, prepared in accordance with generally accepted accounting principles consistently applied (except as noted therein or as disclosed to the recipients thereof), with the exception that no notes need be attached to such statements and year-end audit adjustments may not have been made.
(d) The Company will furnish each Current Investor (i) at least 30 days prior to the beginning of each fiscal year an annual budget and operating plans for such fiscal year (and as soon as available, any subsequent written revisions thereto) and (ii) as soon as practicable after the end of each month, and in any event within 30 days thereafter, a balance sheet of the Company as of the end of each such month, and a statement of income and a statement of cash flows of the Company for such month and for the current fiscal year to date, prepared in accordance with generally accepted accounting principles consistently applied (except as noted thereon or as disclosed to the recipients thereof), with the exception that no notes need be attached to such statements and year-end audit adjustments may not have been made.
16.
such Investor or its affiliated entities may currently or in the future be developing information internally, or receiving information from other parties, that is similar to the confidential information received from the Company. Accordingly, nothing in this Section 3.3 will prohibit such Investor or its affiliated entities from developing or having developed for it products, concepts, systems or techniques that are similar to or compete with the products, concepts, systems or techniques contemplated by or embodied in the confidential information of the Company.
17.
18.
SECTION 4. RIGHTS OF FIRST REFUSAL.
19.
Equity Securities within 90 days of the notice provided pursuant to Section 4.2, the Company shall not thereafter issue or sell any Equity Securities, without first offering such securities to the Current Investors in the manner provided above.
(a) Equity Securities issued upon conversion of the Series Preferred;
(b) any Equity Securities issued in connection with any stock split, stock dividend, stock distribution or recapitalization by the Company;
(c) Equity Securities issued after the date of this Agreement to employees, officers or directors of, or consultants or advisors to the Company pursuant to stock purchase or stock option plans or other arrangements that either (1) exist as of the date of this Agreement and have been approved by the Board or (2) are approved after the date of this Agreement by the Board;
(d) Equity Securities issued or issuable pursuant to any rights or agreements, options, warrants or convertible securities outstanding as of the date of this Agreement; and Equity Securities issued pursuant to any such rights or agreements granted after the date of this Agreement, so long as the rights of first refusal established by this Section 4 were complied with, waived, or were inapplicable pursuant to any provision of this Section 4.6 with respect to the initial sale or grant by the Company of such rights or agreements;
20.
(e) any Equity Securities issued for consideration other than cash pursuant to a merger, consolidation, acquisition, strategic alliance or similar business combination approved by the Board, including the approval of a majority of the directors elected by the holders of the Series Preferred (the “Preferred Directors”);
(f) any Equity Securities issued pursuant to any equipment loan or leasing arrangement, real property leasing arrangement, or debt financing from a bank or similar financial institution approved by the Board, including the approval of a majority of the Preferred Directors;
(g) any Equity Securities issued to third-party service providers in exchange for or as partial consideration for services rendered to the Company approved by the Board;
(h) any Equity Securities issued in connection with strategic transactions involving the Company and other entities, including, without limitation, (i) joint ventures, manufacturing, marketing or distribution arrangements or (ii) technology transfer or development arrangements; provided that such transactions are primarily for purposes other than raising capital and the terms of such business relationship with such entity have been approved by the Board, including the approval of a majority of the Preferred Directors;
(i) any Equity Securities issued in connection with a Qualified Public Offering; and
(j) any Series B Stock issued by the Company pursuant to the terms of the Purchase Agreement.
5.1 Governing Law. This Agreement shall be governed by and construed under the laws of the State of California in all respects as such laws are applied to agreements among California residents entered into and to be performed entirely within California, without reference to conflicts of laws or principles thereof. The parties agree that any action brought by either party under or in relation to this Agreement, including without limitation to interpret or enforce any provision of this Agreement, shall be brought in, and each party agrees to and does hereby submit to the jurisdiction and venue of, any state or federal court located in the County of San Diego, California.
21.
(a) Except as otherwise expressly provided, this Agreement may be amended or modified, and the obligations of the Company and the rights of the Holders under this Agreement may be waived, only upon the written consent of the Company and the holders of at least 66 2/3% of the Registrable Securities then outstanding, voting together as a single class on an as-converted basis; provided that, that no amendment or waiver shall adversely affect the rights of any Investor with respect to any series of Series Preferred held by such Investor in a manner differently than the rights of other Investors with respect to such series of Series Preferred, unless such amendment or waiver is agreed to in writing by such adversely affected Investor; provided further that each Current Investor shall receive notice of such amendment or waiver within a reasonable period of time following the effectiveness of such amendment or waiver.
(b) For the purposes of determining the number of Holders or Investors entitled to vote or exercise any rights hereunder, the Company shall be entitled to rely solely on the list of record holders of its stock as maintained by or on behalf of the Company.
22.
23.
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24.
IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT as of the date set forth in the first paragraph hereof.
COMPANY: | ||
TRIUS THERAPEUTICS, INC. | ||
By: | /S/ XXXXXXX XXXXX | |
XXXXXXX XXXXX, PH.D. | ||
President and Chief Executive Officer |
Address: | 0000 Xxxxx Xxxxx Xxxxx, Xxxxx 000 | |
Xxx Xxxxx, XX 00000 |
A-1.
IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT as of the date set forth in the first paragraph hereof.
INVESTOR: | ||
KPCB HOLDINGS, INC., AS NOMINEE | ||
By: | /s/ Xxxxx Xxxxx | |
Name: | Xxxxx Xxxxx | |
Title: | Senior Vice President |
Address: | c/o Kleiner, Perkins, Xxxxxxxx & Xxxxx | |
0000 Xxxx Xxxx Xxxx | ||
Xxxxx Xxxx, XX 00000 |
A-2.
IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT as of the date set forth in the first paragraph hereof.
INVESTOR: | ||
FINTECH GIMV FUND LP | ||
By: | FGF (GP) Management Limited | |
Its: | General Partner | |
By: | /s/ Xxxxxx Xxxxxxx | |
Xxxxxx Xxxxxxx | ||
Director |
Address: | La Xxxxx Xxxxxxxx, | |
Xx Xxxxxx | ||
Xxxxxx | ||
Xxxxxxx Xxxxxxx | ||
XX0 0XX |
A-3.
IN WITNESS WHEREOF, the parties hereto have executed this AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT as of the date set forth in the first paragraph hereof.
INVESTOR: | ||
SOFINNOVA VENTURE PARTNERS VII, L.P. | ||
By: | Sofinnova Management VII, L.L.C. | |
its General Partner | ||
By: | /s/ Xxxxxxx Xxxxxx | |
Xxxxxxx Xxxxxx | ||
Managing General Partner |
Address: | 000 Xxxxx Xxxxxx, 00xx Xxxxx | |
Xxx Xxxxxxxxx, Xxxxxxxxxx 00000 |
A-4.
INVESTOR: | ||
INTERWEST PARTNERS IX, LP | ||
By: | InterWest Management Partners IX, LLC | |
its General Partner | ||
By: | /s/ Xxxx Xxxxxxxx | |
Xxxx Xxxxxxxx | ||
Venture Member |
Address: | 0000 Xxxx Xxxx Xxxx, Xxxxxx Xxxxx | |
Xxxxx Xxxx, Xxxxxxxxxx 00000 |
A-5.
INVESTOR: | ||
VERSANT VENTURE CAPITAL III, L.P. | ||
By: | Versant Ventures III, LLC | |
its General Partner | ||
By: | /s/ Xxxxx X. Xxxxxx | |
Name: | Xxxxx X. Xxxxxx | |
Title: | Managing Director |
Address: | 0000 Xxxx Xxxx Xxxx | |
Xxxxxxxx 0, Xxxxx 000 | ||
Xxxxx Xxxx, Xxxxxxxxxx 00000 |
VERSANT SIDE FUND III, L.P. | ||
By: | Versant Ventures III, LLC | |
its General Partner | ||
By: | /s/ Xxxxx X. Xxxxxx | |
Name: | Xxxxx X. Xxxxxx | |
Title: | Managing Director |
Address: | 0000 Xxxx Xxxx Xxxx | |
Xxxxxxxx 0, Xxxxx 000 | ||
Xxxxx Xxxx, Xxxxxxxxxx 00000 |
A-6.
INVESTOR: | ||
PRISM VENTURE PARTNERS V, L.P. | ||
By: | Prism Investment Partners V, L.P. | |
its General Partner | ||
By: | Prism Venture Partners V, L.L.C. | |
its General Partner | ||
By: | /s/ Xxxxxx Xxx | |
Managing Director |
Address: | 000 Xxxxxxxx Xxxxxx, Xxxxx 000 | |
Xxxxxxx, XX 00000 |
PRISM VENTURE PARTNERS V-A, L.P. | ||
By: | Prism Investment Partners V, L.P. | |
its General Partner | ||
By: | Prism Venture Partners V, L.L.C. | |
its General Partner | ||
By: | /s/ Xxxxxx Xxx | |
Managing Director |
Address: | 000 Xxxxxxxx Xxxxxx, Xxxxx 000 | |
Xxxxxxx, XX 00000 |
A-7.
INVESTOR: | ||
XXXXX XXXXXXXXXX AND XXXXXXXX X. XXXXXXXXXX FAMILY TRUST UTD 16 JULY 1993 | ||
By: | /s/ Xxxxx Xxxxxxxxxx, Co. Trustee | |
Name: | Xxxxx Xxxxxxxxxx | |
Title: | Co. Trustee |
Address: | 0000 Xxxxxxx Xxxxx | |
Xxx Xxx, XX 00000 |
A-8.
INVESTOR: | ||
XXXXX X. XXXXXX TRUST DATED 2/17/89 | ||
By: | /s/ Xxxxx X. Xxxxxx | |
Name: | Xxxxx X. Xxxxxx | |
Title: | Trustee |
Address: | 0000 Xxxxxxxxxxx Xxxxx | |
Xx Xxxxx, Xxxxxxxxxx 00000 |
A-9.
INVESTOR: | ||
XXXXX XXXXXXXXXX XXXXX TRUST 1998 U/A DTD 12/18/98 | ||
By: | /s/ Xxxxx X. Xxxxx | |
Name: | Xxxxx X. Xxxxx | |
Title: | Trustee |
Address: | 00000 Xxxxxxxxxx Xxxx | |
Xxx Xxxxx, Xxxxxxxxxx 00000 |
A-10.
INVESTOR: | ||
/S/ XXXXXXXX X. XXXXXXXXXX | ||
XXXXXXXX X. XXXXXXXXXX |
Address: | 000 Xxxxxxxx Xxx. X.X. Xxxxx 000 X Xxxxxxxxxx, XX 00000 |
A-11.
INVESTOR: | ||
THE XXXXXXXX XXXXX AND XXXXX XXXXXXX TRUST, AUGUST 1, 1993 | ||
By: | /s/ Xxxxxxxx Xxxxx | |
Name: | Xxxxxxxx Xxxxx | |
Title: | Trustee |
Address: | 0000 Xxxxxxx xx xxx Xxxxx Xx Xxxxx, Xxxxxxxxxx 00000 |
A-12.
INVESTOR: | ||
XXXXXX FAMILY TRUST DATED JUNE 21, 2002 | ||
By: | /s/ Xxxx X. Xxxxxx | |
Name: | Xxxx X. Xxxxxx | |
Title: | Trustee |
Address: | 0000 Xx Xxxxx Xxxxxxxxx, Xxxx #000 Xx Xxxxx, XX 00000 |
A-13.
INVESTOR: | ||
KIYOIZUMI FAMILY TRUST DATED FEBRUARY 6, 2003 | ||
By: | /s/ Xxxxxxx Xxxxxxxxx | |
Name: | Xxxxxxx Xxxxxxxxx | |
Title: | Trustee |
Address: | 00000 Xxxxx Xxxx Xxxxx Xxx Xxxxx, Xxxxxxxxxx 00000 |
A-14.
INVESTOR: | ||
/S/ XXXX XXXXXX | ||
XXXX XXXXXX |
Address: | 0000 Xxxxxxxxx #000 Xxx Xxxxx, Xxxxxxxxxx 00000 |
A-15.
INVESTOR: | ||
THE XXXXX X. AND XXXXXX XXX XXXXX FAMILY TRUST U/D/T DATED 4/23/01 | ||
By: | /s/ Xxxxx X. Xxxxx | |
Name: | Xxxxx X. Xxxxx | |
Title: | Trustee |
Address: | 0000 Xxxxxxxx Xxxxxxxx Xxx Xxx, Xxxxxxxxxx 00000 |
A-16.
INVESTOR: | ||
THE XXXXX & XXXXXXX XXXXXX FAMILY TRUST DTD 5/96 | ||
By: | /s/ Xxxxxxx X. Xxxxxx Xx. | |
Name: | Xxxxxxx X. Xxxxxx Xx. | |
Title: | TTEF |
Address: | 0000 Xxxxxxxx Xxxxx Xxxxxx xxx Xxx, Xxxxxxxxxx 00000 |
A-17.
INVESTOR: | ||
XXXXXXX X. XXXXXXX AND XXXX X. XXXXXXX FAMILY TRUST | ||
By: | /s/ Xxxxxxx X. Xxxxxxx | |
Name: | Xxxxxxx X. Xxxxxxx | |
Title: | Trustee |
Address: | 0000 Xxxxxxx Xxx Xxx Xxx Xxxxx, Xxxxxxxxxx 00000 |
A-18.
INVESTOR: | ||
/S/ XXXXXXXX XXXXXXXXXX III | ||
XXXXXXXX XXXXXXXXXX III |
Address: | 0000 Xxxxxxx Xxxxxx Xx Xxxxx, XX 00000 |
A-19.
INVESTOR: | ||
STRATEGY ADVISORS, LLC DEFINED BENEFIT PLAN | ||
By: | /s/ Xxxxx X. Xxxxxxxx | |
Name: | Xxxxx X. Xxxxxxxx | |
Title: | Plan Administrator |
Address: | X.X. Xxx 0000 (XXXX) 00000 Xxxxx Xxx Xxx (FedEx or UPS) Xxxxxx Xxxxx Xx, Xxxxxxxxxx 00000 |
XXXXX X. & XXXXX X. XXXXXXXX FAMILY TRUST DATED 2/24/00 | ||
By: | /s/ Xxxxx X. Xxxxxxxx, Trustee | |
Name: | Xxxxx X. Xxxxxxxx | |
Title: | Trustee |
Address: | X.X. Xxx 0000 (XXXX) 00000 Xxxxx Xxx Xxx (FedEx or UPS) Xxxxxx Xxxxx Xx, Xxxxxxxxxx 00000 |
A-20.
INVESTOR: | ||
XXX X. XXXXXXXXX 2000 TRUST | ||
By: | /s/ Xxx Xxxxxxxxx | |
Name: | Xxx Xxxxxxxxx | |
Title: | Trustee |
Address: | 0000 Xxxxxxxxx Xxxxx Xx Xxxxx, XX 00000 |
A-21.
INVESTOR: | ||
/S/ XXXXXXX XXXXX | ||
XXXXXXX XXXXX, PH.D. |
Address: | 00000 Xxxxxxxx Xxxxxx Xxx Xxxxx, Xxxxxxxxxx 00000 |
A-22.
EXHIBIT A
SCHEDULE OF INVESTORS
NAME AND ADDRESS | ||||
KPCB HOLDINGS, INC., AS NOMINEE c/o Kleiner, Perkins, Xxxxxxxx & Xxxxx 0000 Xxxx Xxxx Xxxx Xxxxx Xxxx, XX 00000 Attention: Xxxx Xxxxx, Ph.D. | ||||
FINTECH GIMV FUND XX Xx Xxxxx Xxxxxxxx Xx Xxxxxx Xxxxxx Xxxxxxx Xxxxxxx XX0 0XX Attention: Xxxxxx Xxxxxxx | ||||
SOFINNOVA VENTURE PARTNERS VII, L.P. 000 Xxxxx Xxxxxx, 00xx Xxxxx Xxx Xxxxxxxxx, Xxxxxxxxxx 00000 Attention: Xxxxxxx Xxxxxx, Ph.D. | ||||
INTERWEST PARTNERS IX, LP 0000 Xxxx Xxxx Xxxx, Xxxxxx Xxxxx Xxxxx Xxxx, Xxxxxxxxxx 00000 Attention: Xxxx Xxxxxxxx | ||||
VERSANT VENTURE CAPITAL III, L.P. 0000 Xxxx Xxxx Xxxx Xxxxxxxx 0, Xxxxx 000 Xxxxx Xxxx, Xxxxxxxxxx 00000 Attention: Xxxxx X. Xxxxxx | ||||
VERSANT SIDE FUND III, L.P. 0000 Xxxx Xxxx Xxxx Xxxxxxxx 0, Xxxxx 000 Xxxxx Xxxx, Xxxxxxxxxx 00000 Attention: Xxxxx X. Xxxxxx |
A-23.
NAME AND ADDRESS | ||||
PRISM VENTURE PARTNERS V, L.P. 000 Xxxxxxxx Xxxxxx, Xxxxx 000 Xxxxxxx, XX 00000 Attention: Xxxxxxx X’Xxxxx, Ph.D. | ||||
PRISM VENTURE PARTNERS V-A, L.P. 000 Xxxxxxxx Xxxxxx, Xxxxx 000 Xxxxxxx, XX 00000 Attention: Xxxxxxx X’Xxxxx, Ph.D. | ||||
XXXXX X. XXXXX 0000 Xxxxx Xxxxxx Xxx Xxxxxxx, Xxxxxxxxxx 00000-0000 | ||||
XXXXX X. XXXXXX TRUST DATED 2/17/89 0000 Xxxxxxxxxxx Xxxxx Xx Xxxxx, Xxxxxxxxxx 00000 | ||||
XXXXX XXXXXXXXXX XXXXX TRUST 1998 U/A DTD 12/18/98 00000 Xxxxxxxxxx Xxxx Xxx Xxxxx, Xxxxxxxxxx 00000 | ||||
XXXXXXXX FAMILY TRUST U/A 10/21/96 000 Xxx Xxxxxxxx Xxxxx Xxxxxx Xxxxxxx, Xxxxxxxxxx 00000 | ||||
XXXX XXXXX 0000 Xxxxxxx Xxx Xxxxxx Xxxxx, Xxxxxxxxxx 00000 | ||||
XXXXXXX X. XXXXX 0000 Xxxxx Xxxxxxx Xxxxxx Xxxxx Xxxxxxx, Xxxxxxxxxx 00000 | ||||
KIYOIZUMI FAMILY TRUST DATED FEBRUARY 6, 2003 00000 Xxxxx Xxxx Xxxxx Xxx Xxxxx, Xxxxxxxxxx 00000 |
A-24.
NAME AND ADDRESS | ||||
THE XXXX XXXXXX PROFIT SHARING & 401(K) PLAN, U/T/D 3/11/05 00000 Xxxxxxxx Xxxxxx Xxx Xxx, Xxxxxxxxxx 00000 | ||||
XXX XXXXX 0000 Xxxxxxxx Xxxxxx Xxx Xxxxx, Xxxxxxxxxx 00000 | ||||
THE XXXXXXXX XXXXX AND XXXXX XXXXXXX TRUST, AUGUST 1, 1993 8540 Xxxxxxx xx xxx Xxxxx Xx Xxxxx, Xxxxxxxxxx 00000 | ||||
THE XXXXX X. AND XXXXXX XXX XXXXX FAMILY TRUST U/D/T DATED 4/23/01 0000 Xxxxxxxx Xxxxxxxx Xxx Xxx, Xxxxxxxxxx 00000 | ||||
PAPPELBAUM FAMILY TRUST 10/87 0000 Xxxxxx xxx Xxx, Xxxxx 000 Xxx Xxx, Xxxxxxxxxx 00000 | ||||
THE XXXXXXX AND XXXXXX XXXXXXX FAMILY TRUST 000 Xxxxx Xxxxxx Xxxxx Xxxxxxx, Xxxxxxxxxx 00000 | ||||
THE XXXXX & XXXXXXX XXXXXX FAMILY TRUST DTD 5/96 0000 Xxxxxxxx Xxxxx Xxxxxx xxx Xxx, Xxxxxxxxxx 00000 | ||||
XXXXXXX X. XXXXXXX AND XXXX X. XXXXXXX FAMILY TRUST 0000 Xxxxxxx Xxx Xxx Xxx Xxxxx, Xxxxxxxxxx 00000 | ||||
XXXXXXX XXXXX, PH.D. 00000 Xxxxxxxx Xxxxxx Xxx Xxxxx, Xxxxxxxxxx 00000 |
A-25.
NAME AND ADDRESS | ||||
STRATEGY ADVISORS, LLC DEFINED BENEFIT PLAN X.X. Xxx 0000 (XXXX) 00000 Xxxxx Xxx Xxx (XxxXx or UPS) Xxxxxx Xxxxx Xx, Xxxxxxxxxx 00000 | ||||
SERAPHIM FUND I, LLC X.X. Xxx 00000 Xxxxxx, Xxxxxxxxxx 00000-0000 | ||||
XXXX XXXXXX 0000 Xxxxxxxxx #000 Xxx Xxxxx, Xxxxxxxxxx 00000 | ||||
XXXXXX XXXXXXX AND XXXXX XXXXXXX XXXXXXX TRUST OF 1994 U/A DATED 4/13/94 0000 Xx Xxxxx Xxxxxx Xx. Xx Xxxxx, Xxxxxxxxxx 00000-0000 | ||||
XXXXXX FAMILY TRUST DATED JUNE 21, 2002 0000 Xx Xxxxx Xxxxxxxxx, Xxxx #000 Xx Xxxxx, XX 00000 | ||||
XXX X. XXXXXXXXX 2000 TRUST 0000 Xxxxxxxxx Xxxxx Xx Xxxxx, XX 00000 | ||||
XXXXXXXX XXXXXXXXXX III 0000 Xxxxxxx Xxxxxx Xx Xxxxx, XX 00000 | ||||
XXXXXXXX X. XXXXXXXXXX 000 Xxxxxxxxxxxx Xxx. X.X. Xxxxxxxxxx, XX 00000 | ||||
XXXXX XXXXXXXXXX AND XXXXXXXX X. XXXXXXXXXX FAMILY TRUST UTD 16 JULY 1993 0000 Xxxxxxx Xxxxx Xxx Xxx, XX 00000 |
A-26.
NAME AND ADDRESS | ||||
XXXXX X. & XXXXX X. XXXXXXXX FAMILY TRUST DATED 2/24/00 X.X. Xxx 0000 Xxxxxx Xxxxx Xx, XX 00000 |
A-27.
AMENDMENT AGREEMENT
THIS AMENDMENT AGREEMENT (this “Amendment”) is made and entered into as of November 5, 2009, by and among TRIUS THERAPEUTICS, INC., a Delaware corporation (the “Company”) and the parties who are signatories hereto (the “Existing Holders”).
“(g) “Registrable Securities” means (a) Common Stock issuable or issued upon conversion of the Shares, (b) Common Stock issuable or issued upon the conversion of: (i) the notes issued to the Investors pursuant to that certain Note Purchase Agreement by and among the Company and the parties listed as “Purchasers” thereunder dated November , 2009 (the “Notes”); or (ii) the Series B Stock issuable or issued upon conversion of the Notes, and (c) any Common Stock issued as (or
issuable upon the 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, such above-described securities.”
(a) Except as specifically amended by this Amendment, the terms and conditions of the Investor Rights Agreement shall remain in full force and effect.
(b) This Amendment may be executed in any number of counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument. Facsimile signatures shall be as effective as original signatures.
(c) Each party hereto agrees to execute and deliver, or cause to be executed and delivered, such further instruments or documents or take such other actions as may be reasonably necessary to consummate the transactions contemplated by this Amendment.
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2
COMPANY: | ||
TRIUS THERAPEUTICS, INC. | ||
By: | /s/ Xxxxxxx Xxxxx | |
Name: | Xxxxxxx Xxxxx | |
Title: | President and CEO |
[SIGNATURE PAGE TO AMENDMENT AGREEMENT]
EXISTING HOLDERS: | ||
KPCB HOLDINGS, INC., AS NOMINEE | ||
By: | /s/ Xxxxxx X. Xxxxx | |
Name: | Xxxxxx X. Xxxxx | |
Title: | Senior Vice President |
Address: | c/o Kleiner, Perkins, Xxxxxxxx & Xxxxx 2700 Xxxx Xxxx Xxxx Xxxxx Xxxx, XX 00000 |
[SIGNATURE PAGE TO AMENDMENT AGREEMENT]
SOFINNOVA VENTURE PARTNERS VII, L.P. | ||
By: | Sofinnova Management VII, L.L.C. | |
its General Partner | ||
By: | /s/ Xxxxxxx Xxxxxx | |
Xxxxxxx Xxxxxx | ||
Managing General Partner |
Address: | 140 Xxxxx Xxxxxx, 00xx Xxxxx Xxx Xxxxxxxxx, Xxxxxxxxxx 00000 |
[SIGNATURE PAGE TO AMENDMENT AGREEMENT]
INTERWEST PARTNERS IX, LP | ||
By: | InterWest Management Partners IX, LLC | |
its General Partner | ||
By: | /s/ Xxxx Xxxxxxxx | |
Xxxx Xxxxxxxx | ||
Venture Member |
Address: | 2700 Xxxx Xxxx Xxxx, Xxxxxx Xxxxx Xxxxx Xxxx, Xxxxxxxxxx 00000 |
[SIGNATURE PAGE TO AMENDMENT AGREEMENT]
VERSANT VENTURE CAPITAL III, L.P. | ||
By: | Versant Ventures III, LLC | |
its General Partner | ||
By: | /s/ Xxxxx X. Xxxxxx | |
Name: | Xxxxx X. Xxxxxx | |
Title: | Managing Director |
Address: | 3000 Xxxx Xxxx Xxxx Xxxxxxxx 0, Xxxxx 000 Xxxxx Xxxx, Xxxxxxxxxx 00000 |
VERSANT SIDE FUND III, L.P. | ||
By: | Versant Ventures III, LLC | |
its General Partner | ||
By: | /s/ Xxxxx X. Xxxxxx | |
Name: | Xxxxx X. Xxxxxx | |
Title: | Managing Director |
Address: | 3000 Xxxx Xxxx Xxxx Xxxxxxxx 0, Xxxxx 000 Xxxxx Xxxx, Xxxxxxxxxx 00000 |
[SIGNATURE PAGE TO AMENDMENT AGREEMENT]
PRISM VENTURE PARTNERS V, L.P. | ||
By: | Prism Investment Partners V, L.P. | |
its General Partner | ||
By: | Prism Venture Partners V, L.L.C. its General Partner | |
By: | /s/ Xxxxxxx X’Xxxxx | |
Managing Director |
Address: | 110 Xxxxxxxx Xxxxxx, Xxxxx 000 Xxxxxxx, XX 00000 |
PRISM VENTURE PARTNERS V-A, L.P. | ||
By: | Prism Investment Partners V, L.P. | |
its General Partner | ||
By: | Prism Venture Partners V, L.L.C. | |
its General Partner | ||
By: | /s/ Xxxxxxx X’Xxxxx | |
Managing Director |
Address: | 110 Xxxxxxxx Xxxxxx, Xxxxx 000 Xxxxxxx, XX 00000 |
[SIGNATURE PAGE TO AMENDMENT AGREEMENT]
FINTECH GIMV FUND LP | ||
By: | FGF (GP) Management Limited | |
Its: | General Partner | |
By: | /s/ Xxxxxx Xxxxxxx | |
Xxxxxx Xxxxxxx | ||
Director |
Address: | La Moxxx Xxxxxxxx, Xx Xxxxxx Xxxxxx Xxxxxxx Xxxxxxx XX0 0XX |
[SIGNATURE PAGE TO AMENDMENT AGREEMENT]