AMENDMENT TO SECURITIES PURCHASE AGREEMENT
Exhibit 10.11
AMENDMENT TO SECURITIES
PURCHASE AGREEMENT
PURCHASE AGREEMENT
This Amendment to
Securities Purchase Agreement (the
“Amendment”) dated as of February 13, 2007 by and among Santa Xxxxxx Media Corporation, a Delaware corporation (the “Company”),
and Santa Xxxxxx Capital Partners, LLC, a Delaware limited liability company (“Buyer”), is made
with reference to the following:
The parties have entered into that certain Securities Purchase Agreement dated as of April
19, 2006 (the “Agreement”) and wish to amend the Agreement
as set forth herein. Capitalized terms not defined herein shall
have the meanings ascribed to them in the Agreement.
NOW THEREFORE, the
Company and Buyer hereby amend the Agreement as follows:
| 1. | The minimum size of a Qualified IPO shall be reduced to $100,000,000 and any reference to Deutsche Bank Securities, Inc. in the Agreement shall be deleted. | ||
| 2. | In all other respects, the Agreement remains in full force and effect. |
IN WITNESS WHEREOF, the undersigned Buyer and the Company have caused this Amendment to be
duly executed as of the date first above written.
| SANTA XXXXXX MEDIA CORPORATION | ||||
By:
|
/s/ Xxxxx Xxxxxxxx
|
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| Chief Executive Officer | ||||
| BUYER: | ||||
| SANTA XXXXXX CAPITAL PARTNERS, LLC | ||||
| By Santa Xxxxxx Capital Corp., its Manager | ||||
By:
|
/s/ Xxxxx Xxxxxxxx
|
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