AMENDMENT NO.2 TO STOCKHOLDERS AGREEMENT
AMENDMENT NO 2 TO STOCKHOLDERS AGREEMENT made this 11th day of August,
2005 ("Amendment") by and among Voxware, Inc., a Delaware corporation (the
"Company") and certain holders of Common Stock or options or warrants to acquire
Common Stock whose names are set forth under the heading "Holders" on SCHEDULE I
hereto. As used herein "Person" means an individual, corporation, partnership,
joint venture, trust, or unincorporated organization, or a government or any
agency or political subdivision thereof. All defined terms used but not defined
herein shall have the respective meanings ascribed to them in the Prior
Agreement, defined below.
WITNESSETH:
WHEREAS, simultaneously herewith, the Company is issuing and selling an
aggregate of up to 206,250,000 shares (the "Shares") of the Company's Common
Stock, par value $0.001 per share (the "Common Stock"), pursuant to a certain
Common Stock Purchase Agreement dated as of August 11, 2005, to certain
investors (the "Purchase Agreement").
WHEREAS, the Company and the Holders are parties to a Stockholders
Agreement dated as of June 27, 2003 and amended on April 30, 2004 (the "Prior
Agreement").
WHEREAS, the Company and the Holders wish to amend the Prior Agreement
pursuant to Section 14 thereof as set forth in this Amendment.
NOW, THEREFORE, in consideration of the mutual covenants herein
contained and other good and valuable consideration, the receipt and sufficiency
of which are hereby acknowledged, the Company and the Holders agree as follows:
1. The parties hereby acknowledge and agree that the Prior
Agreement, and the respective rights and obligations of the parties thereto,
shall be amended such that the Prior Agreement shall terminate by an instrument
in writing executed by the Company and the Holders of a majority in interest of
the shares of Common Stock issued or issuable to the Holders (including shares
of Common Stock into which any share of preferred stock are convertible).
2. The parties hereby acknowledge and agree that this Amendment,
upon execution by Company and the Holders of a majority in interest of the
shares of Common Stock issued or issuable to the Holders (including shares of
Common Stock into which any share of preferred stock are convertible), shall
represent the instrument contemplated in Section 1 above and shall terminate the
Prior Agreement in all respects.
3. This Amendment constitutes the entire agreement among the
parties with respect to the subject matter hereof and supersede all prior
agreements and understandings between them or any of them as to such subject
matter.
4. In case any one or more of the provisions contained in this
Amendment shall for any reason be held to be invalid, illegal or unenforceable
in any respect, such invalidity, illegality or unenforceability shall not affect
any other provision of this Amendment and such invalid, illegal and
unenforceable provision shall be reformed and construed so that it will be
valid, legal, and enforceable to the maximum extent permitted by law.
5. This Amendment may be executed in two or more counterparts, each
of which shall be deemed an original, but all of which together shall constitute
one and the same instrument.
6. This Amendment shall be construed and enforced in accordance
with and governed by the General Corporation Law of the State of Delaware as to
matters within the scope thereof, and as to all other matters shall be construed
and enforced in accordance with and governed by the internal laws of the State
of New Jersey, without regard to its principles of conflicts of laws.
[REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]
IN WITNESS WHEREOF, the undersigned have executed this Amendment as a
sealed instrument as of the day and year first above written.
THE COMPANY: HOLDERS:
VOXWARE, INC. EDISON VENTURE FUND V, L.P.
By: __________________________ By: EDISON PARTNERS V, L.P.,
Name:_____________________ its General Partner
Title:____________________
By:_____________________________________
000 Xxxxxxxx Xxxxxx Xxxx Name:_______________________________
Xxxxxxxxxxxxx, XX 00000 Title:______________________________
Telephone: 000-000-0000
Fax: 000-000-0000 0000 Xxxxx Xxxxx #0
Xxxxxxxxxxxxx, Xxx Xxxxxx 00000
Telephone: (000) 000-0000
Fax: (000) 000-0000
CROSS ATLANTIC TECHNOLOGY FUND II, L.P.
By: XATF Management II, LP, its General
Partner,
By: CROSS ATLANTIC CAPITAL PARTNERS II,
INC., its General Partner
By:_____________________________________
Name:_______________________________
Title:______________________________
Five Radnor Corporate Center, Xxxxx 000
000 Xxxxxxxxxx Xxxx
Xxxxxx, XX 00000
Telephone: (000) 000-0000
Fax: (000) 000-0000
________________________________________
XXXXXX XXXXXXX
Address:________________________________
Address:________________________________
Telephone:______________________________
Fax:____________________________________
________________________________________
XXXXXXXX XXXXXXXX
Address:________________________________
Address:________________________________
Telephone:______________________________
Fax:____________________________________
BURNBRAE LTD.
By:_____________________________________
Name:_______________________________
Title:______________________________
Address:________________________________
Address:________________________________
Telephone:______________________________
Fax:____________________________________
________________________________________
XXXXXXX XXXXXXXX
Address:________________________________
Address:________________________________
Telephone:______________________________
Fax:____________________________________
________________________________________
XXXXXXX X. X. XXXXXX
Address:________________________________
Address:________________________________
Telephone:______________________________
Fax:____________________________________
X X XXXXXXXX LLC
By:_____________________________________
Name:_______________________________
Title:______________________________
Address:________________________________
Address:________________________________
Telephone:______________________________
Fax:____________________________________
________________________________________
JUERGEN X. X. XXXXXXXXXX
Address:________________________________
Address:________________________________
Telephone:______________________________
Fax:____________________________________
________________________________________
XXXXX X. XXXX
Address:________________________________
Address:________________________________
Telephone:______________________________
Fax:____________________________________
________________________________________
XXXXXX X. XXXXX
Address:________________________________
Address:________________________________
Telephone:______________________________
Fax:____________________________________
________________________________________
XXXXXXXX XXXXXX
Address:________________________________
Address:________________________________
Telephone:______________________________
Fax:____________________________________
PICTET PRIVATE EQUITY INVESTORS SA
By:_____________________________________
Name:_______________________________
Title:______________________________
Address:________________________________
Address:________________________________
Telephone:______________________________
Fax:____________________________________
________________________________________
XXXXXX X. XXXXXXXX
Address:________________________________
Address:________________________________
Telephone:______________________________
Fax:____________________________________
SCORPION NOMINEES (BVI) LIMITED
By:_____________________________________
Name:_______________________________
Title:______________________________
Address:________________________________
Address:________________________________
Telephone:______________________________
Fax:____________________________________
________________________________________
XXXXXX X. XXXXXX
Address:________________________________
Address:________________________________
Telephone:______________________________
Fax:____________________________________
________________________________________
XXXXXXX X. XXXXXXXX
Address:________________________________
Address:________________________________
Telephone:______________________________
Fax:____________________________________
CASTLE CREEK TECHNOLOGY PARTNERS LLC
By:_____________________________________
Name:_______________________________
Title:______________________________
Address:________________________________
Address:________________________________
Telephone:______________________________
Fax:____________________________________
________________________________________
XXXXXXX X XXXXXX
Address:________________________________
Address:________________________________
Telephone:______________________________
Fax:____________________________________
Creafund NV
By:_____________________________________
Name:_______________________________
Title:______________________________
Address:________________________________
Address:________________________________
Telephone:______________________________
Fax:____________________________________
AVVISION BVBA
By:_____________________________________
Name:_______________________________
Title:______________________________
Address:________________________________
Address:________________________________
Telephone:______________________________
Fax:____________________________________
________________________________________
XXX XXXXXXXX
Address:________________________________
Address:________________________________
Telephone:______________________________
Fax:____________________________________
________________________________________
XXXX XXXXXXX XXXXXX VAN CUTSEM
Address:________________________________
Address:________________________________
Telephone:______________________________
Fax:____________________________________
________________________________________
EMILIE ELISE XXXXXXXXX VAN CUTSEM
Address:________________________________
Address:________________________________
Telephone:______________________________
Fax:____________________________________
WILLBRO NOMINEES LIMITED
By:_____________________________________
Name:_______________________________
Title:______________________________
Address:________________________________
Address:________________________________
Telephone:______________________________
Fax:____________________________________
________________________________________
XXXXXXXX M. N. BINDER
Address:________________________________
Address:________________________________
Telephone:______________________________
Fax:____________________________________
INTERCONTINENTAL SERVICES LTD.
By:_____________________________________
Name:_______________________________
Title:______________________________
Address:________________________________
Address:________________________________
Telephone:______________________________
Fax:____________________________________
________________________________________
XXXXXX XXXX XXXXX XXXXXXXXXXXX
Address:________________________________
Address:________________________________
Telephone:______________________________
Fax:____________________________________
________________________________________
XXXX XXXX
Address:________________________________
Address:________________________________
Telephone:______________________________
Fax:____________________________________
________________________________________
XXXXXX XXXXXX
Address:________________________________
Address:________________________________
Telephone:______________________________
Fax:____________________________________
PRODUCTIVE NOMINEES LIMITED
By:_____________________________________
Name:_______________________________
Title:______________________________
Address:________________________________
Address:________________________________
Telephone:______________________________
Fax:____________________________________
VOXWARE, INC.
SCHEDULE OF HOLDERS AND INVESTORS
---------------------------------
Names Total No. of Shares of Common Stock(1)
----- -----------------------------------
HOLDERS
-------
Agarwal, Xxxxxx
Xxxxxxxx, Yildiray
Avvision BVBA
Xxxxxx, Xxxxxxxx M. N.
Burnbrae Ltd.
Castle Creek Technology Partners LLC
Creafund NV
Cross Atlantic Technology Fund, X.X.
Xxxxxxxx, Xxx
Xxxxxx Venture Fund V, X.X.
Xxxxxxxx, Xxxxxxx
Xxxxxx, Xxxxxxx X
Xxxxxxxxxxxx, Xxxxxx Xxxx Xxxxx
Xxxxxx, Xxxxxxx X. X.
Intercontinental Services Ltd.
X X Xxxxxxxx LLC
Xxxxxxxxxx, Xxxxxxx X. X.
Xxxx, Xxxxx X.
Xxxxx, Xxxxxx X.
Xxxxxx, Xxxxxxxx
Xxxx, Xxxx
Pictet Private Equity Investors SA
Productive Nominees Limited
Rafner, Xxxxxx
Xxxxxxxx, Xxxxxx X.
Scorpion Nominees (BVI) Limited
Xxxxxx, Xxxxxx X.
van Cutsem, Emilie Elise Xxxxxxxxx
van Cutsem, Xxxx Xxxxxxx Xxxxxx
Willbro Nominees Limited
(1) Gives effect to the conversion of the Series D Preferred Stock as
contemplated by the Purchase Agreement and excludes shares issuable upon
outstanding warrants.
