EXHIBIT 10.12
Amendment No. 2
to
Registration Rights Agreement
This Amendment No. 2 ("Amendment") to the Registration Rights Agreement
dated as of July 8, 1998 (the "Original Agreement"), as amended by Amendment No.
1 dated as of February 18, 1999, is made as of June 30, 1999, among Choice One
Communications Inc., a Delaware corporation (the "Corporation"), and the Holders
listed on the signature pages hereto.
WHEREAS, the Corporation and the initial Investor Holders and Management
Holders entered into the Original Agreement on July 8, 1998 which provides for
certain rights and obligations of the Corporation and such Holders with respect
to registration of the Common Stock under the Securities Act;
WHEREAS, certain additional persons have become Management Holders pursuant
to the terms of the Original Agreement subsequent to July 8, 1998;
WHEREAS, First Union Capital Partners, Inc. became an Investor Holder on
February 18, 1999;
WHEREAS, General Electric Capital Corporation ("General Electric") has
entered into the Transaction Agreement and certain related agreements relating
to its investment (through the LLC) in the Corporation;
WHEREAS, the Corporation and the Holders desire to amend the Original
Agreement to include General Electric as an Investor Holder thereunder;
NOW, THEREFORE, the parties hereto hereby amend the Original Agreement as
follows:
Section 1. Amendment to Definitions. The definition of "Investor Holders"
in Section 1.01 of the Original Agreement is deleted in its entirety and
replaced with the following:
"Investor Holders" means MSCP, Fleet, Xxxxxx-Xxxxxx, Xxxxx X. Xxxxxxx,
First Union Capital Partners, Inc. and General Electric Capital Corporation and
any Transferee that becomes an Investor Holder pursuant to Section 2.08.
Section 2. Agreement to be Bound. General Electric hereby adopts,
executes and delivers, and agrees to be bound by, the Original Agreement as
amended hereby.
Section 3. Other Defined Terms. Capitalized terms used in this Amendment
and not otherwise defined have the meanings ascribed to them in the Original
Agreement.
Section 4. Effect of Amendment; Governing Law. Except as amended hereby,
the Original Agreement shall remain unchanged. The Original Agreement, as
amended hereby, shall remain in full force and effect. This Amendment shall be
governed by, and construed under, the laws of the State of Delaware, all rights
and remedies being governed by said laws, without regard to conflict of laws
principles.
Section 5. Counterparts. This Amendment may be executed simultaneously in
two or more counterparts, any one of which need not contain the signatures of
more than one party, but all such counterparts taken together shall constitute
one and the same agreement.
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IN WITNESS WHEREOF, the parties hereto have executed this Amendment as of
the date first written above.
CHOICE ONE COMMUNICATIONS INC.
By: /s/ Xxxxx X. Xxxxxx
----------------------------------
Its: President and Chief Executive Officer
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GENERAL ELECTRIC CAPITAL
CORPORATION
By: /s/ Xxxxx X. Xxxxxx
----------------------------------
Its: Authorized Person
----------------------------------
MANAGEMENT HOLDERS
/s/ Xxxxx X. Xxxxxx
------------------------------------
Xxxxx X. Xxxxxx, as a Management
Member and as Chief Executive Officer
of Choice One Communications, Inc.
/s/ Xxx Xxxxxx-Xxx
------------------------------------
Xxx Xxxxxx-Xxx
/s/ Xxxxx Xxxxxxx
------------------------------------
Xxxxx Xxxxxxx
/s/ Xxxxxxx Xxxxxx
------------------------------------
Xxxxxxx Xxxxxx
/s/ Xxxxxx Xxxxxx
------------------------------------
Xxxxxx Xxxxxx
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/s/ Xxxxxxxxx Xxxxx
------------------------------------
Xxxxxxxxx Xxxxx
/s/ Xxxxxx Xxxxxxx
------------------------------------
Xxxxxx Xxxxxxx
/s/ Xxxxxxxx Xxxxxx
------------------------------------
Xxxxxxxx Xxxxxx
/s/ Xxxxx Xxxxxxx
------------------------------------
Xxxxx Xxxxxxx
/s/ Xxxx Xxxxxx
------------------------------------
Xxxx Xxxxxx
/s/ Xxxxx Xxxxx
------------------------------------
Xxxxx Xxxxx
/s/ Xxxxxxx Xxxxxxxxx
------------------------------------
Xxxxxxx Xxxxxxxxx
/s/ Xxxxxx X. Xxxx
------------------------------------
Xxxxxx X. Xxxx
/s/ Xxxxxxx X'Xxxxxx
------------------------------------
Xxxxxxx X'Xxxxxx
/s/ Xxxxxx Xxxxxxx
------------------------------------
Xxxxxx Xxxxxxx
/s/ Xxx Xxxxxxx
------------------------------------
Xxx Xxxxxxx
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INVESTOR HOLDERS
XXXXXX XXXXXXX CAPITAL PARTNERS III, L.P.
By MSCP III, L.P., its general partner
By Xxxxxx Xxxxxxx Capital Partners III, Inc., its
general partner
By /s/ Xxxxxxx Xxxxxx
----------------------------------
Its Managing Director
----------------------------------
By /s/ Xxxx Xxxxxxxxxx
----------------------------------
Its Managing Director
----------------------------------
MSCP III 892 INVESTORS, L.P.
By MSCP III, L.P., its general partner
By Xxxxxx Xxxxxxx Capital Partners III, Inc., its
general partner
By /s/ Xxxxxxx Xxxxxx
----------------------------------
Its Mananging Director
----------------------------------
By /s/ Xxxx Xxxxxxxxxx
----------------------------------
Its Principal
----------------------------------
XXXXXX XXXXXXX CAPITAL INVESTORS, L.P.
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By MSCP III, L.P., its general partner
By Xxxxxx Xxxxxxx Capital Partners III, Inc., its
general partner
By /s/ Xxxxxxx Xxxxxx
----------------------------------
Its Managing Director
----------------------------------
By /s/ Xxxx Xxxxxxxxxx
----------------------------------
Its Principal
----------------------------------
XXXXXXXX PARTNERS III, L.P.
By Silverado III, L.P., its General Partner
By Silverado III Corp., its General Partner
By /s/ Xxxxxx X. Xxx Xxxxx
----------------------------------
Xxxxxx X. Xxx Xxxxx
Chairman & CEO
XXXXXXX PLAZA PARTNERS
By /s/ Xxxxxx X. Xxx Xxxxx
----------------------------------
Xxxxxx X. Xxx Xxxxx
Managing General Partner
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FLEET VENTURE RESOURCES, INC.
By /s/ Xxxxxx X. Xxx Xxxxx
----------------------------------
Xxxxxx X. Xxx Xxxxx
Chairman & CEO
FLEET EQUITY PARTNERS VI, L.P.
By Fleet Growth Resources II, Inc., its
General Partner
By /s/ Xxxxxx X. Xxx Xxxxx
----------------------------------
Xxxxxx X. Xxx Xxxxx
Chairman & CEO
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XXXXXX-XXXXXX MEDIA PARTNERS, L.P.
By Xxxxxx Xxxxxx Media, L.L.C. its general
partner
By /s/ Xxxxx Xxxxxxxxx
----------------------------------
Xxxxx Xxxxxxxxx
Chief Executive Officer
FIRST UNION CAPITAL PARTNERS, INC.
By: /s/ Xxxxxx Xxxxxx
----------------------------------
Its: Managing Partner
----------------------------------
GENERAL ELECTRIC CAPITAL
CORPORATION
By: /s/ Xxxxx X. Xxxxxxxxx
----------------------------------
Its: Manager Operations
----------------------------------
XXXXX X. XXXXXXX
/s/ Xxxxx X. Xxxxxxx
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