Form of Amendment to the Investor Rights Agreement dated as of April 1, 2004 (this "Amendment"), among Memory Pharmaceuticals Corp. and the investors set forth on the signature page hereto (the "Investors") A. The Company and the Investors entered...
Exhibit 4.8
Form of
Amendment to the Investor Rights Agreement dated as of April
1, 2004 (this "Amendment"), among Memory Pharmaceuticals Corp.
and the investors set forth on the signature page hereto (the
"Investors")
A. The Company and the Investors entered into a Fourth Amended and
Restated Investor Rights Agreement dated as of September 11, 2003, as amended by
an Agreement dated as of December 18, 2003, among the Company, Dr. Xxxx Xxxxxx
and the Investors and an Amendment dated as of March 15, 2004 among the Company
and the Investors (the "Investor Rights Agreement"). Capitalized terms used and
not otherwise defined herein shall have the meanings ascribed to such terms in
the Investor Rights Agreement.
B. The Company and the Investors wish to amend the definition of
"Initial Public Offering" in the Investor Rights Agreement.
C. Pursuant to Section 8.3 of the Investor Rights Agreement, this
Amendment requires the Company's consent and the consent in writing of holders
of at least two-thirds (2/3) of the outstanding shares of Preferred Stock.
The Company and the Investors hereby agree as follows:
1. Section 1.3 of the Investor Rights Agreement is hereby amended to
delete the definition of "Initial Public Offering" in its entirety and replace
it with the following:
"Initial Public Offering" shall mean the closing of a firm
commitment underwritten public offering pursuant to an
effective registration statement under the Securities Act of
1933, as amended, covering the offer and sale of Common Stock
for the account of the Company to the public at an initial
public offering price per share of not less than $7.00 (such
dollar amount being subject to equitable adjustment in the
event of any stock dividend, stock split, combination,
reorganization, recapitalization or similar event involving a
change in the Common Stock) with net proceeds to the Company
of not less than $25,000,000."
2. Except as specifically amended by this Amendment, the Investor
Rights Agreement remains in full force and effect. Wherever the terms of this
Amendment and the Investor Rights Agreement conflict, this Amendment controls.
All references in the Investor Rights Agreement to "this Agreement" shall mean
the Investor Rights Agreement, as amended hereby.
3. This Agreement may be executed in counterparts, which together
shall constitute one and the same instrument.
In witness whereof, the undersigned have executed this Amendment to
the Investor Rights Agreement as of the date first above written.
Company: Memory Pharmaceuticals Corp.
By:
----------------------------------
Name:
Title:
Investors: Oxford Bioscience Partners II L.P.
By: OBP Management II L.P.
By:
----------------------------------
Name:
Title:
Oxford Bioscience Partners (Bermuda)
II Limited Partnership
By: OBP Management II (Bermuda)
Limited Partnership
By:
----------------------------------
Name:
Title:
Oxford Bioscience Partners (Adjunct)
II, L.P.
By: OBP Management II L.P.
By:
----------------------------------
Name:
Title:
Oxford Bioscience Partners
(Gs-Adjunct) II, L.P.
By: OBP Management II L.P.
By:
----------------------------------
Name:
Title:
Healthcare Ventures V L.P.
By:
----------------------------------
Name:
Title:
Xxxxxx Trust
By:
----------------------------------
Name:
Title:
Venrock Associates
By:
----------------------------------
Name:
Title:
Venrock Associates II, L.P.
By:
----------------------------------
Name:
Title:
Alta Embarcadero Partners II LLC
By:
----------------------------------
Name:
Title:
GLSLP Investment I Ltd.
By:
----------------------------------
Name:
Title:
S.R. One Limited
By:
----------------------------------
Name:
Title:
Alexandria Real Estate Equities, L.P.
By:
----------------------------------
Name:
Title:
Pharma/w Health
By:
----------------------------------
Name:
Title:
Finsbury Worldwide Pharmaceutical
Trust
By:
----------------------------------
Name:
Title:
Xxxxx Xxxxx Worldwide Health Sciences
Portfolio
By:
----------------------------------
Name:
Title:
Artal Services N.V.
By:
----------------------------------
Name:
Title:
Venrock Entrepreneuers Fund, L.P.
By:
----------------------------------
Name:
Title:
Medica II Investment (Israel), LP
By:
----------------------------------
Name:
Title:
Medica II Investment (International),
LP
By:
----------------------------------
Name:
Title:
GIMV
By:
----------------------------------
Name:
Title:
Memories Plus, LLC
By:
----------------------------------
Name:
Title:
M&G Equities
By:
----------------------------------
Name:
Title:
-------------------------------------
Xxxxxxx X. Xxxxxx
-------------------------------------
Xxxxx Xxxxxx
Adviesbeheer Gimv Life Sciences
By:
----------------------------------
Name:
Title:
Bioveda Fund Pte Ltd
By:
----------------------------------
Name:
Title:
Medica II Investments (P.F.)(Israel)
L.P.
By:
----------------------------------
Name:
Title:
Oxford Bioscience Partners II (Annex)
L.P.
By: OBP Management II L.P.
By:
----------------------------------
Name:
Title:
The Yasuda Enterprise Development I
Limited Partnership
By:
----------------------------------
Name:
Title:
Xxxx Ghost, LLC
By:
----------------------------------
Name:
Title:
MC Life Science Ventures, Inc.
By:
----------------------------------
Name:
Title:
-------------------------------------
Xxxxxxx X. Xxxxxxxx, Ph.D.
-------------------------------------
Xxxx-Xxxxxx Xxxx, Ph.X.
Xxxxxx, Divincent, Allessi, Inc.
By:
----------------------------------
Name:
Title:
XX Xxxxx Ventures II, LP
By: Societe Generale Investment
Corporation, Its General Partner
By:
----------------------------------
Name:
Title:
RHO Management Trust II
By: Rho Capital Partners, Inc.,
Investment Advisor
By:
----------------------------------
Name:
Title:
Yamanouchi Venture Capital, LLC
By:
----------------------------------
Name:
Title:
Alta California Partners II, L.P.
By: Alta California Management
Partners II, LLC, Its General
Partner
By:
----------------------------------
Name:
Title:
Biomedicine L.P.
By: International Bm Biomedicine
Holdings (Cayman) Ltd.,
Its General Partner
By:
----------------------------------
Name:
Title:
New England Partners Capital, L.P.
By: Nep Capital, LLC, Its General
Partner
By:
----------------------------------
Name:
Title:
Xxxxxx Xxxxxxxxx Middlegate Ventures,
LLC
By:
----------------------------------
Name:
Title:
-------------------------------------
Xxxxx X. Xxxxx
-------------------------------------
Xxxxx X. Xxxxxx
-------------------------------------
Xxxxx Xxxxxx
-------------------------------------
Xxxxx Xxxxxx
-------------------------------------
Xxxxxxx X. Xxxxxxxxx
-------------------------------------
Xxxxxxxxx X. Xxxxxxxxx
-------------------------------------
Xxxxxxxxx Xxxxxxxxx, M.D.
-------------------------------------
Xxxxx Xxxxx
-------------------------------------
Xxxxxx Xxxxx
-------------------------------------
Xxxxxxx Xxxxx
-------------------------------------
Xxxxxx Xxxxx
Xxxxxxxx-Xx Xxxxx Inc.
By:
----------------------------------
Name:
Title:
