EXHIBIT 6
INVESTORS AGREEMENT
dated as of
December 18, 1997
among
IPC INFORMATION SYSTEMS, INC.
CABLE SYSTEMS HOLDING, LLC
AND
CERTAIN OTHER PERSONS NAMED HEREIN
________________
* Cable Systems International, Inc. to be added as a signatory in the
event CSI owns IPC stock.
TABLE OF CONTENTS
Page
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ARTICLE 1 DEFINITIONS
Section 1.01. Definitions.....................................................1
ARTICLE 2 CORPORATE GOVERNANCE AND MANAGEMENT
Section 2.01. Composition of the Board........................................6
Section 2.02. Removal.........................................................7
Section 2.03. Vacancies.......................................................7
Section 2.04. Action by the Board.............................................7
Section 2.05. Conflicting Charter or Bylaw Provision..........................8
Section 2.06. IXNET Board.....................................................8
ARTICLE 3 RESTRICTIONS ON TRANSFER
Section 3.01. General.........................................................8
Section 3.02. Legends.........................................................8
Section 3.03. Permitted Transferees...........................................9
Section 3.04. Restrictions on Transfers by Xxxxxxxxxxx Shareholders...........9
Section 3.05. Restrictions on Transfers by Xxxxx Shareholders and Xxxxxxxx
Shareholders....................................................9
ARTICLE 4 TAG-ALONG RIGHTS; DRAG-ALONG RIGHTS
Section 4.01. Rights to Participate in Transfer..............................10
Section 4.02. Right to Compel Participation in Certain Transfers.............12
ARTICLE 5 REGISTRATION RIGHTS
Section 5.01. Demand Registration............................................13
Section 5.02. Piggyback Registration.........................................16
Section 5.03. Holdback Agreements............................................17
Section 5.04. Registration Procedures........................................17
Section 5.05. Indemnification by the Company.................................20
Section 5.06. Indemnification by Participating Shareholders..................21
Section 5.07. Conduct of Indemnification Proceedings.........................21
Section 5.08. Contribution...................................................22
Section 5.09. Participation in Public Offering...............................23
Section 5.10. Rule 144.......................................................24
Section 5.11. No Transfer of Registration Rights.............................24
ARTICLE 6 CERTAIN COVENANTS AND AGREEMENTS
Section 6.01. Limitations on Subsequent Registration.........................24
Section 6.02. Limitation on Purchase of Common Stock.........................24
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ARTICLE 7 MISCELLANEOUS
Section 7.01. Entire Agreement...............................................25
Section 7.02. Binding Effect; Benefit........................................25
Section 7.03. Assignability..................................................25
Section 7.04. Amendment; Waiver; Termination.................................25
Section 7.05. Notices........................................................26
Section 7.06. Headings.......................................................28
Section 7.07. Counterparts...................................................28
Section 7.08. Governing Law..................................................28
Section 7.09. Specific Enforcement...........................................29
Section 7.10. Certain Actions................................................29
Section 7.11. Consent to Jurisdiction; Expenses..............................29
Section 7.12. Severability...................................................30
Section 7.13. Additional Stockholder.........................................30
Section 7.14. Schedule I.....................................................30
Section 7.15 Effectiveness..................................................30
Schedule I Securities Ownership
Exhibit A Form of Joinder Agreement
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SCHEDULE I
Securities Ownership
EXHIBIT A
Form of Joinder Agreement
IPC Information Systems, Inc.
00 Xxxx Xxxxxx
Xxx Xxxx, Xxx Xxxx 00000
Attention: Chief Executive Officer
Gentlemen:
In consideration of the transfer to the undersigned of _____ Shares of
Common Stock, par value $.01 per share, [Describe any other security being
transferred] of IPC Information Systems, Inc., a Delaware corporation (the
"Company"), the undersigned represents that it is a Permitted Transferee of
[Insert name of transferor] and agrees that, as of the date written below, [he]
[she] [it] shall become a party to, and a Permitted Transferee as defined in,
that certain Investors Agreement dated as of December 18, 1998, as such
agreement may have been or may be amended from time to time (the "Agreement"),
among the Company and the persons named therein, and as a Permitted transferee
shall be fully bound by, and subject to, all of the covenants, terms and
conditions of the Agreement that were applicable to the undersigned's transferor
as though an original party thereto and shall be deemed a [Xxxxxxxxxxx
Shareholder] [CSH Shareholder] for purposes thereof.
Executed as of the day of ,
TRANSFEREE:
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Address:
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