THIRD AMENDMENT TO THE SIXTH AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT
Exhibit 4.10
THIRD AMENDMENT TO THE
SIXTH AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT
THIS THIRD AMENDMENT TO THE SIXTH AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT (this “Amendment”) made as of the 8th day of May 2012, by and among (i) KAYAK Software Corporation, a Delaware corporation (the “Company”), (ii) those persons and entities listed under the heading “Investors” on Schedule I hereto (the “Investors”) and (iii) those persons listed under the heading “Founders” on Schedule I hereto (the “Founders”). Capitalized terms not defined herein shall have the meanings ascribed to them in the Agreement (as defined below).
W I T N E S S E T H:
WHEREAS, the Company, the Investors and the Founders have heretofore entered into a Sixth Amended and Restated Investor Rights Agreement, dated as of March 22, 2010, as subsequently amended on October 1, 2010, and February 10, 2012 (together with all exhibits thereto, the “Agreement”); and
WHEREAS, the Company, the Investors and the Founders, constituting the Requisite Investors, have mutually agreed to amend a certain provision contained in the Agreement.
NOW, THEREFORE, in consideration of good and valuable consideration, the receipt and legal sufficiency of which is hereby acknowledged, the Company, the Investors and the Founders hereby agree as follows:
1. Section 1. Section 1 of the Agreement is hereby amended by deleting in its entirety the definition of “Reserved Employee Shares” found therein and replacing it with the following:
“Reserved Employee Shares” shall mean up to 13,431,815 shares of Common Stock (appropriately adjusted to reflect stock splits, stock dividends, combinations of shares and the like with respect to the Common Stock occurring after March 22, 2010) reserved by the Company from time to time for (i) the sale or issuance of shares of Common Stock to employees, consultants or non-employee directors of the Company or (ii) the issuance and/or exercise of options to purchase Common Stock granted to employees, consultants or non-employee directors of the Company, all pursuant to arrangements approved by the Board of Directors and the Series A Directors.
2. Effect of Amendment. This Amendment will be effective in accordance with Section 15(d) of the Agreement upon execution by Company, the Investors and the Founders. Except as expressly provided herein and as amended hereby, the Agreement shall remain in full force and effect in accordance with its terms.
3. Counterparts. This Amendment may be executed in counterparts.
IN WITNESS WHEREOF, the Company, the Investors and the Founders have executed this Third Amendment to the Sixth Amended and Restated Investor Rights Agreement as of the date first above written.
COMPANY:
KAYAK SOFTWARE CORPORATION
By: | /s/ Xxxxxx Xxxxxxx Xxxxxx | |
Name: | Xxxxxx Xxxxxxx Xxxxxx | |
Title: | Chief Executive Officer |
Signature Page to the 3rd Amendment to the Investor Rights Agreement
FOUNDERS:
/s/ Xxxxxx Xxxxxxx Xxxxxx |
Xxxxxx Xxxxxxx Xxxxxx |
/s/ Xxxx Xxxxxxx |
Xxxx Xxxxxxx |
Signature Page to the 3rd Amendment to the Investor Rights Agreement
INVESTORS:
GENERAL CATALYST GROUP II, L.P. | GENERAL CATALYST GROUP III, L.P. | |||||||
By: | General Catalyst Partners II, L.P. | By: | General Catalyst Partners III, L.P. | |||||
Its General Partner | Its General Partner | |||||||
By: | General Catalyst XX XX, LLC | By: | General Catalyst GP III, LLC | |||||
Its General Partner | Its General Partner | |||||||
By: | /s/ Xxxxxxx X. Xxxxxxxxxx |
By: | /s/ Xxxxxxx X. Xxxxxxxxxx | |||||
Name: | Xxxxxxx X. Xxxxxxxxxx | Name: | Xxxxxxx X. Xxxxxxxxxx | |||||
Title: | Member and Chief Financial Officer | Title: | Member and Chief Financial Officer | |||||
GC ENTREPRENEURS FUND II, L.P. | GC ENTREPRENEURS FUND III, L.P. | |||||||
By: | General Catalyst Partners II, L.P. | By: | General Catalyst Partners III, L.P. | |||||
Its General Partner | Its General Partner | |||||||
By: | General Catalyst XX XX, LLC | By: | General Catalyst GP III, LLC | |||||
Its General Partner | Its General Partner | |||||||
By: | /s/ Xxxxxxx X. Xxxxxxxxxx |
By: | /s/ Xxxxxxx X. Xxxxxxxxxx | |||||
Name: | Xxxxxxx X. Xxxxxxxxxx | Name: | Xxxxxxx X. Xxxxxxxxxx | |||||
Title: | Member and Chief Financial Officer | Title: | Member and Chief Financial Officer | |||||
GENERAL CATALYST GROUP V, L.P. | GC ENTREPRENEURS FUND V, L.P. | |||||||
By: | General Catalyst Partners V, L.P. | By: | General Catalyst Partners V, L.P. | |||||
Its General Partner | Its General Partner | |||||||
By: | General Catalyst GP V, LLC | By: | General Catalyst GP V, LLC | |||||
Its General Partner | Its General Partner | |||||||
By: | /s/ Xxxxxxx X. Xxxxxxxxxx |
By: | /s/ Xxxxxxx X. Xxxxxxxxxx | |||||
Name: | Xxxxxxx X. Xxxxxxxxxx | Name: | Xxxxxxx X. Xxxxxxxxxx | |||||
Title: | Member and Chief Financial Officer | Title: | Member and Chief Financial Officer | |||||
GENERAL CATALYST GROUP V SUPPLEMENTAL, L.P. | ||||||||
By: | General Catalyst Partners V, L.P. | |||||||
Its General Partner | ||||||||
By: | General Catalyst GP V, LLC | |||||||
Its General Partner | ||||||||
By: | /s/ Xxxxxxx X. Xxxxxxxxxx |
|||||||
Name: | Xxxxxxx X. Xxxxxxxxxx | |||||||
Title: | Member and Chief Financial Officer |
Signature Page to the 3rd Amendment to the Investor Rights Agreement
ACCEL LONDON II L.P. | ACCEL LONDON INVESTORS 2006 L.P. | |||||||
By: | Accel London II Associates L.P. | By: | Accel London II Associates L.L.C. | |||||
Its General Partner | Its General Partner | |||||||
By: | Accel London II Associates L.L.C. | |||||||
Its General Partner | ||||||||
By: | By: | |||||||
Name: | /s/ Xxxxxxxx Xxxxx |
Name: | /s/ Xxxxxxxx Xxxxx | |||||
Title: | Attorney in Fact | Title: | Attorney in Fact |
Signature Page to the 3rd Amendment to the Investor Rights Agreement
SEQUOIA CAPITAL XI | ||
SEQUOIA TECHNOLOGY PARTNERS XI | ||
SEQUOIA CAPITAL XI PRINCIPALS FUND | ||
By: | SC XI Management, LLC | |
A Delaware Limited Liability Company | ||
General Partner of Each | ||
By: | /s/ Xxxxxxx Xxxxxx | |
Name: | Xxxxxxx Xxxxxx | |
Title: | Managing Member |
SEQUOIA CAPITAL GROWTH FUND III
SEQUOIA CAPITAL GROWTH PARTNERS III
SEQUOIA CAPITAL GROWTH III PRINCIPALS FUND
By: | SCGF III Management, LLC | |
A Delaware Limited Liability Company | ||
General Partner of Each | ||
By: | /s/ Xxxxxxx Xxxxxx | |
Name: | Xxxxxxx Xxxxxx | |
Title: | Managing Member |
Signature Page to the 3rd Amendment to the Investor Rights Agreement
|
Xxxx Xxxxxxxxx |
Signature Page to the 3rd Amendment to the Investor Rights Agreement
/s/ Xxxxxx Xxxxxxx Xxxxxx |
Xxxxxx Xxxxxxx Xxxxxx |
Signature Page to the 3rd Amendment to the Investor Rights Agreement
/s/ Xxxx Xxxxxxx |
Xxxx Xxxxxxx |
Signature Page to the 3rd Amendment to the Investor Rights Agreement
TRIDENT CAPITAL FUND-V, L.P
TRIDENT CAPITAL FUND-V AFFILIATES FUND, L.P.
TRIDENT CAPITAL FUND-V AFFILIATES FUND (Q), L.P.
TRIDENT CAPITAL FUND-V PRINCIPALS FUND, L.P.
TRIDENT CAPITAL PARALLEL FUND-V, C.V.
Executed on behalf of the foregoing funds
by the undersigned, as an authorized signatory
of the respective general partner of each such fund:
|
(signature) |
|
(print name) |
Signature Page to the 3rd Amendment to the Investor Rights Agreement
NORWEST VENTURE PARTNERS VII-A, LP | NORWEST VENTURE PARTNERS X, LP | |||||||
By: | Itasca VC Partners VII-A, LLC | By: | Genesis VC Partners X, LLC | |||||
Its General Partner | Its General Partner | |||||||
By: |
|
By: |
| |||||
Name: |
|
Name: |
| |||||
Title: |
|
Title: |
|
Signature Page to the 3rd Amendment to the Investor Rights Agreement
OAK INVESTMENT PARTNERS XII, LIMITED PARTNERSHIP |
By: | Oak Associates XII, LLC, its General Partner | |
By: | /s/ Xxxxxxx X. Xxxxx | |
Name: | Xxxxxxx X. Xxxxx | |
Title: | Managing Member |
Signature Page to the 3rd Amendment to the Investor Rights Agreement
TENAYA CAPITAL V, L.P. | ||
By: | Tenaya Capital V GP, L.P., its General Partner | |
By: | Tenaya Capital V GP, LLC, its General Partner | |
By: |
| |
Name: |
| |
Title: |
| |
TENAYA CAPITAL V-P, L.P. | ||
By: | Tenaya Capital V GP, L.P., its General Partner | |
By: | Tenaya Capital V GP, LLC, its General Partner | |
By: |
| |
Name: |
| |
Title: |
| |
TENAYA CAPITAL B, LP | ||
By: |
| |
By: |
| |
By: |
| |
Name: |
| |
Title: |
|
Signature Page to the 3rd Amendment to the Investor Rights Agreement
GOLDHILL VENTURE LENDING 03, L.P. | ||
By: |
| |
Name: | ||
Title: |
Signature Page to the 3rd Amendment to the Investor Rights Agreement
Schedule I
Investors:
General Catalyst Group II, L.P.
GC Entrepreneurs Fund II, L.P.
General Catalyst Group III, L.P.
GC Entrepreneurs Fund III, L.P.
General Catalyst Group V, L.P.
General Catalyst Group V Supplemental, L.P.
GC Entrepreneurs Fund V, L.P.
00 Xxxxxxxxxx Xxxx, Xxxxx 000
Xxxxxxxxx, XX 00000
Fax: (000) 000-0000
Attn: Xxxx Xxxxxx
Sequoia Capital Growth Fund III
Sequoia Capital Growth Partners III
Sequoia Capital Growth III Principals Fund
Sequoia Capital XI
Sequoia Technology Partners XI
Sequoia Capital XI Principals Fund
0000 Xxxx Xxxx Xxxx
Xxxx 0, Xxxxx 000
Xxxxx Xxxx, XX 00000
Xxxxxx Xxxxxxx Xxxxxx
[ADDRESS]
Xxxx Xxxxxxx
[ADDRESS]
Xxxx Xxxxxxxxx
[ADDRESS]
Signature Page to the 3rd Amendment to the Investor Rights Agreement
Accel London II, L.P.
Accel London Investors 2006 L.P.
000 Xxxxxxxxxx Xxxxxx
Xxxx Xxxx, XX 00000-0000
Fax: (000) 000-0000
Attn: Xxxxxxx Xxxxxxxx
Notices also sent to
Accel Partners
00 Xx. Xxxxx’x Xxxxxx
Xxxxxx XX0X 0XX
Xxxxxx Xxxxxxx
Fax: x00 (0) 00 0000 0000
Attn: Xxxxxxxx Xxxxx
Attn: Xxxxx Xxxxx
Norwest Venture Partners VII-A
Norwest Venture Partners X, LP
000 Xxxxxxxxxx Xxxxxx
Xxxx Xxxx, Xx. 00000
650.321.8000
Oak Investment Partners XII, Limited Partnership
One Xxxxxx Xxxxxx
Xxxxxxxx, XX 00000
Attn: Xxxxxxx X. Xxxxx
Xxxxxx Capital V, L.P.
Tenaya Capital V-P, L.P.
Tenaya Capital B, LP
0000 Xxxxxxxx Xxxx, Xxxxx X
Xxxxxxxx, Xxxxxxxxxx 00000
Trident Capital Fund-V, L.P
Trident Capital Fund-V Affiliates Fund, L.P.
Trident Capital Fund-V Affiliates Fund (Q), L.P.
Trident Capital Fund-V Principals Fund, L.P.
Trident Capital Parallel Fund-V, C.V.
000 Xxxxxxxx Xxx, Xxxxx 000
Xxxx Xxxx, XX 00000
Gold Hill Venture Lending 03, L.P.
00 Xxxxxxxxx Xxxx Xxxx, Xxxxx 000
Xxxxxxxxx, XX 00000
The Xxxx X. English 2009 Charitable Remainder Unitrust I
[ADDRESS]
The Xxxx X. English 2009 Charitable Remainder Unitrust II
[ADDRESS]
Signature Page to the 3rd Amendment to the Investor Rights Agreement
The English Family 2010 Trust
[ADDRESS]
Xxx Xxxxxxx
[ADDRESS]
Signature Page to the 3rd Amendment to the Investor Rights Agreement
Founders:
Xxxxxx Xxxxxxx Xxxxxx
[ADDRESS]
Xxxx Xxxxxxx
[ADDRESS]
Signature Page to the 3rd Amendment to the Investor Rights Agreement