Exhibit 10.4
VSTREAM INCORPORATED
FIRST AMENDMENT
TO
AMENDED AND RESTATED STOCKHOLDERS' AGREEMENT
This First Amendment to the Amended and Restated Stockholders' Agreement,
dated as of November 17, 1999 (the "Stockholders' Agreement"), is entered into
as of December 15, 1999, by and among VStream Incorporated, a Delaware
corporation (the "Company"), and the parties identified as additional
stockholders on the signature pages attached hereto (the "Additional
Stockholders") (this "First Amendment").
RECITALS
Whereas, the Company and the holders of the Company's Series B Preferred
Stock, Series C Preferred Stock, Series D Preferred Stock identified on the
signature pages thereto are parties to the Stockholders' Agreement;
Whereas, in connection with and as a condition to the purchase by the
Additional Stockholders of 4,761,334 shares of the Company's Series D Preferred
Stock, the Company has agreed to provide the Additional Stockholders the rights
set forth in the Stockholders' Agreement;
Whereas, under Section 7.4 of the Stockholders' Agreement, the
Stockholders' Agreement may be amended with written consent of the Company and
the holders of at least 66-2/3% of the Shares (as defined in the Stockholders'
Agreement); and
Whereas, at least 66-2/3% of the Shares (as defined in the Stockholders
Agreement) (voting on an as converted basis) have consented in writing to this
First Amendment.
In consideration of the mutual agreements, covenants and considerations
contained herein, the parties hereto agree as follows:
1. Amendment. The first paragraph of the Stockholders' Agreement is
hereby amended in its entirety to read as follows:
Amended and Restated Stockholders' Agreement (this "Agreement") dated
as of November 17, 1999 by and among (i) VStream Incorporated, a
Delaware corporation (the "Company"), (ii) the holders of the
Company's Series B Preferred Stock, Series C Preferred Stock and
Series D Preferred Stock identified on the signature pages hereto (the
"Investors"), (iii) the members of the Company's management identified
on the signature pages hereto or that have otherwise agreed to be
bound by the provisions hereof (the "Management Holders"), and (iv)
the parties identified as additional stockholders on the signature
pages
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hereto (the "Additional Stockholders"). The Investors, the Management
Holders and the Additional Stockholders are referred to collectively as
the "Stockholders."
2. Definitions. All capitalized terms used herein without definition shall
have the meanings ascribed to them in the Stockholders' Agreement.
3. Additional Purchasers. Upon the effectiveness of this First Amendment to
the Stockholders' Agreement, the Additional Stockholders agree to be bound by
all of the terms and conditions of the Stockholders' Agreement as amended
herein.
4. Notices. All notices sent to the Company pursuant to the Stockholders'
Agreement shall be sent to the Company at 0000 Xxxxxxx Xxxxx, Xxxxxxxxxx,
Xxxxxxxx 00000.
5. Effect of Amendment. Except as amended as set forth above, the
Stockholders' Agreement shall continue in full force and effect.
6. Governing Law. This First Amendment shall be governed and construed in
accordance with the laws of the State of Colorado as though made solely among
residents of the State of Colorado without regard to conflicts of law
principals.
[The Remainder of this Page is Intentionally Left Blank.]
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IN WITNESS WHEREOF, the undersigned parties have executed this First
Amendment to the Amended and Restated Stockholders' Agreement as of the date set
forth in the first paragraph hereof.
COMPANY:
VSTREAM INCORPORATED
By: /S/ Xxxx X. Xxxxxxxxx
---------------------------------
Title: Chief Executive Officer
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[Signature Page to First Amendment to
Stockholders' Agreement]
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ADDITIONAL INVESTORS:
CENTENNIAL FUND VI, L.P.
By: Centennial Holdings VI, LLC
Its General Partner
By: /s/ Xxxxxx X. Xxxxxxx, Xx.
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Xxxxxx X. Xxxxxxx, Xx., Managing Principal
CENTENNIAL ENTREPRENEURS FUND VI, L.P.
By: Centennial Holdings VI, LLC
Its General Partner
By: /s/ Xxxxxx X. Xxxxxxx, Xx.
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Managing Principal
CENTENNIAL HOLDINGS I, LLC
By: /s/ Xxxxxx X. Xxxxxxx, Xx.
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Xxxxxx X. Xxxxxxx, Xx., Sr. Vice President
UNIVERSITY OF COLORADO FOUNDATION, INC.
By: /s/
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Title:
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[Signature Page to First Amendment to
Stockholders' Agreement]
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/s/ Xxx N.C. Xxxxxx
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Xxx N.C. Xxxxxx
/s/ Xxxx X. Xxxxx
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Xxxx X. Xxxxx, Xx.
/s/ Xxxx X. Xxxxxxxxxx
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Xxxx X. Xxxxxxxxxx
/s/ Xxxxxxx X. Xxxxxxxxx
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Xxxxxxx X. Xxxxxxxxx
/s/ Xxxxxxx X. Xxxxxxx
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Xxxxxxx X. Xxxxxxx
/s/ Xxxxx X. Xxxxxxxx
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Xxxxx X. Xxxxxxxx
/s/ T. Xxxxxxx Xxxx
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T. Xxxxxxx Xxxx TTEE FBO T. Xxxxxxx Xxxx 1997
Revocable trust DTD 9/30/97
/s/ Xxx Xxxxxxxx
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Xxx Xxxxxxxx
/s/ Xxxx Xxxxxxxx
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Xxxx Xxxxxxxx
/s/ Xxxxxx X. Xxxxxx
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Xxxxxx X. Xxxxxx
/s/ Xxxxx X. Xxxxxx
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Xxxxx X. Xxxxxx
/s/ Xxxxxx Xxxxxxx
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Xxxxxx Xxxxxxx
/s/
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Xxxxxxx Xxxxxx & Co., Inc. FBO Austin R. Xxxxxxx
XXX Acct #36500127
/s/ Xxxxxx Xxxxxxxx
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Xxxxxx Xxxxxxxx
[Signature Page to First Amendment to
Stockholders' Agreement]
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/s/ Xxxxx Xxxxxxxx
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Xxxxx Xxxxxxxx
/s/ Xxxxxxxx Xxxxxxxxxxx
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Xxxxxxxx Xxxxxxxxxxx
/s/ Xxxxxx Xxxxxxxxxxx
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Xxxxxx Xxxxxxxxxxx
/s/ Xxxxxxx X. Xxxxxx
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Xxxxxxx X. Xxxxxx
/s/ Xxxxx X. Xxxxxxxxxxx
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Xxxxx X. Xxxxxxxxxxx
/s/ Xxxxxx X. Xxxxxxxxxxx
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Xxxxxx X. Xxxxxxxxxxx
/s/ Xxxxxx X. Xxxxx
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Xxxxxx X. Xxxxx
/s/ Xxxxxx X. Xxxxx
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Xxxxxx X. Xxxxx
/s/ Xxxxxxxx Xxxxxx
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Xxxxxxxx Xxxxxx
[Signature Page to First Amendment to
Stockholders' Agreement]
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SOFTBANK TECHNOLOGY VENTURES V, L.P.
By: SBTV V LLC
By: /s/ Xxxxxxx X. Xxxx
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Managing Director
SOFTBANK TECHNOLOGY VENTURES ADVISORS
FUND V, L.P.
By: SBTV V LLC
By: /s/ Xxxxxxx X. Xxxx
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Managing Director
SOFTBANK TECHNOLOGY VENTURES
ENTREPRENEURS FUND V, L.P.
By: SBTV V LLC
By: /s/ Xxxxxxx X. Xxxx
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Managing Director
SOFTBANK TECHNOLOGY VENTURES IV, L.P.
By: STV IV LLC
By: /s/ Xxxxxxx X. Xxxx
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Managing Director
SOFTBANK TECHNOLOGY ADVISORS FUND, L.P.
By: STV IV LLC
By: /s/ Xxxxxxx X. Xxxx
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Managing Director
[Signature Page to First Amendment to
Stockholders' Agreement]
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