Exhibit 10.7
FOURTH ADDENDUM TO
FOURTH AMENDED AND RESTATED INVESTORS' RIGHTS AGREEMENT
THIS FOURTH ADDENDUM (this "Addendum") dated as of September 29, 2000, to
the Fourth Amended and Restated Investors' Rights Agreement dated as of May 18,
1999 as amended (the "Rights Agreement"), by and among xxxxxxxxx.xxx, inc., a
Delaware corporation (the "Company") and the parties listed on Exhibit A hereto,
hereby amends the number of demand registration rights available under the
Rights Agreement. Three prior addenda to the Rights Agreement dated as of June
17, 1999, July 26, 1999 and January 24, 2000 remain in full force and effect.
RECITALS
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A. The Company has agreed to allow three instead of the currently allowed
two demand registrations under Section 1.2 of the Rights Agreement in exchange
for the agreement by certain of the holders of the registrable securities of the
Company to waive their right to register their shares of Common Stock on the
registration statement on Form S-3 filed by the Company with the Securities and
Exchange Commission on September 6, 2000 (the "Resale Shelf") pursuant to the
Company's agreement to register the 8,101,264 shares of common stock and
4,593,989 shares of common stock issuable upon conversion of the Series 1
Preferred Stock, issued in the private placement that closed on August 4, 2000.
B. Pursuant to Section 5.2 of the Rights Agreement, this Addendum is being
executed by the Company and the holders of at least two-thirds (2/3) of the
Registrable Securities presently outstanding, thereby permitting the Rights
Agreement to be amended hereby.
C. Capitalized terms used herein and not defined shall have the meanings
given to them in the Rights Agreement.
AGREEMENT
---------
1. This Addendum shall become effective immediately upon the receipt of
the required two-thirds (2/3) consent. Upon such effectiveness:
(a) all references in any document to the Rights Agreement shall be
deemed to be references to the Rights Agreement as modified by this
Addendum; and
(b) except as specifically modified hereby, the Rights Agreement
shall continue in full force and effect in accordance with the provisions
thereof.
2. Subsection 1.2(d) of the Rights Agreement is hereby amended by deleting
the number "two (2)" appearing in clause (i) thereof and inserting, in lieu
thereof "three (3)".
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3. This Addendum, which shall be governed, construed and interpreted in
accordance with the laws of the State of California, without giving effect to
principles of conflicts of laws, may be executed in counterparts.
[Signature Page Follows]
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The parties have executed this Fourth Addendum to the Fourth Amended and
Restated Investors' Rights Agreement as of the date first above written.
COMPANY: INVESTORS:
XXXXXXXXX.XXX, INC., RITE AID CORPORATION,
By: /s/ Xxxxx X. Xxxxxxx By: /s/ Xxxxxx X. Xxxxxx
------------------------- -------------------------
Xxxxx X. Xxxxxxx Name: Xxxxxx X. Xxxxxx
President Title: Sr. Exec. V.P.
Address: Address:
00000 XX Xxxxxxxx Xxx 00 Xxxxxx Xxxx
Xxxxx 000 Xxxx Xxxx, XX 00000
Xxxxxxxx, XX 00000
GENERAL NUTRITION COMPANIES, INC.
By: /s/ Xxxx Xxxxxxx
-------------------------
Name: Xxxx Xxxxxxx
Title: Vice President
Address:
000 0xx Xxxxxx
Xxxxxxxxxx, XX 00000
VULCAN VENTURES INCORPORATED,
By: /s/ Xxxxxxx X. Xxxxx
-------------------------
Name: Xxxxxxx X. Xxxxx
Title: President
Address:
000 000xx Xxxxxx XX, Xxxxx 000
Xxxxxxxx, XX 00000
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XXXXXXX XXXXXXX XXXXXXXX & XXXXX VIII,
L.P.,
By: KPCB VIII Associates, L.P., its
General Partner
By: /s/ Xxxxx X. Xxxxx
-------------------------
Name: Xxxxx X. Xxxxx
a General Partner
Address:
0000 Xxxx Xxxx Xxxx
Xxxxx Xxxx, XX 00000
KPCB VIII FOUNDERS FUND, L.P.,
By: KPCB VIII Associates, L.P., its
General Partner
By: /s/ Xxxxx X. Xxxxx
-------------------------
Name: Xxxxx X. Xxxxx
a General Partner
Address:
0000 Xxxx Xxxx Xxxx
Xxxxx Xxxx, XX 00000
KPCB LIFE SCIENCES ZAIBATSU FUND II,
L.P.
By: KPCB VII Associates, L.P., its
General Partner
By: /s/ Xxxxx X. Xxxxx
-------------------------
Name: Xxxxx X. Xxxxx
a General Partner
Address:
0000 Xxxx Xxxx Xxxx
Xxxxx Xxxx, XX 00000
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XXXXXX.XXX, INC.
By: /s/ Xxxxxxx Xxxxxxxxxxx
-------------------------
Name: Xxxxxxx Xxxxxxxxxxx
Title: Treasurer
Address:
0000 0xx Xxxxxx
Xxxxxxx, XX 00000
XXXXX X. XXXXXXX
/s/ Xxxxx X. Xxxxxxx
----------------------------
Xxxxx X. Xxxxxxx
Address:
00000 XX Xxxxxxxx Xxx, Xxxxx 000
Xxxxxxxx, XX 00000
XXXXXXXXX.XXX FOUNDATION
By: /s/ Xxxxx X. Xxxxxxx
-------------------------
Name: Xxxxx X. Xxxxxxx
Title: President
Address:
00000 XX Xxxxxxxx Xxx, Xxxxx 000
Xxxxxxxx, XX 00000
MAVERON EQUITY PARTNERS, L.P.
By: /s/ Xxx Xxxxxxx
-------------------------
Name: Xxx Xxxxxxx
Title: Manager, MAVERON
GENERAL PARTNER LLC
Address:
000 Xxxxx Xxx., Xxxxx 0000
Xxxxxxx, XX 00000
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LIBERTY DS, INC.
By: /s/ Xxxx X. Xxxxxxx
-------------------------
Name: Xxxx X. Xxxxxxx
Title: EVP: CFO
Address:
0000 Xxxxx Xxxxxx Xxxxxx
Xxxxxxxxx, XX 00000
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EXHIBIT A
INVESTORS
Name and Address
----------------
Rite Aid Corporation
00 Xxxxxx Xxxx
Xxxx Xxxx, XX 00000
General Nutrition Companies, Inc.
000 0xx Xxxxxx
Xxxxxxxxxx, XX 00000
Vulcan Ventures Incorporated
000xx Xxxxxx Xxxxxxxxx, Xxxxx 000
Xxxxxxxx, XX 00000
Xxxxxxx Xxxxxxx Xxxxxxxx & Xxxxx VIII
0000 Xxxx Xxxx Xxxx
Xxxxx Xxxx, XX 00000
KPCB VIII Founders Fund, L.P.
0000 Xxxx Xxxx Xxxx
Xxxxx Xxxx, XX 00000
KPCB Life Sciences Zaibatsu Fund II, L.P.
0000 Xxxx Xxxx Xxxx
Xxxxx Xxxx, XX 00000
Xxxxxx.xxx, Inc.
0000 0xx Xxxxxx
Xxxxxxx, XX 00000
Attn: General Counsel
Xxxxx X. Xxxxxxx
00000 XX Xxxxxxxx Xxx, Xxxxx 000
Xxxxxxxx, XX 00000
Maveron Equity Partners, L.P.
000 Xxxxx Xxxxxx, Xxxxx 0000
Xxxxxxx, XX 00000
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Liberty DS, Inc.
0000 Xxxxx Xxxxxx Xxxxxx
Xxxxxxxxx, XX 00000
xxxxxxxxx.xxx Foundation
Attn: Xxxxxx X. Xxxxxx
00000 XX Xxxxxxxx Xxx, Xxx. 000
Xxxxxxxx, XX 00000
