EXHIBIT 4.4
-----------
SECOND AMENDMENT TO
-------------------
SHAREHOLDERS RIGHTS AGREEMENT
-----------------------------
THIS AMENDMENT TO SHAREHOLDERS RIGHTS AGREEMENT is made as of the 25th day of
May, 2000.
WHEREAS: The parties hereto are all the parties to that certain Shareholders
Rights Agreement dated as of June 22, 1999 (the "SRA") and;
WHEREAS: The parties hereto desire to amend the terms of the SRA as provided
below.
NOW THEREFORE, the parties hereto hereby agree as follows:
1. All terms used herein shall have the meaning ascribed to them in the SRA
unless the context otherwise requires.
2. Effective immediately upon the closing of the initial public offering of
Ordinary Shares of Accord Networks Ltd. pursuant to a registration statement
under the U.S. Securities Act of 1933, as amended, or pursuant to a
prospectus or similar document under the Israeli Securities Law, 1968, or
the securities laws of another jurisdiction, Section 3 of the SRA regarding
Pre-Emptive Rights and Section 4 of the SRA regarding the Right of First
Refusal will be canceled and will become null and void, and no such rights
shall thereafter exist.
3. Except as expressly amended hereby, the provisions of the SRA shall remain
in full force and effect.
IN WITNESS WHEREOF the parties have signed this Agreement as of the date first
hereinabove set forth.
ACCORD NETWORKS LTD. GILDE IT FUND B.V.
By: /s/ Xxxxx XxXxxxx By: /s/ [ILLEGIBLE]
----------------------- ---------------------
Name: Xxxxx XxXxxxx Name: [ILLEGIBLE]
Title: Chairman & CEO Title: Executive Director
ONE LIBERTY FUND III LIMITED NITZANIM FUND (1993) LTD.
PARTNERSHIP
By: /s/ [ILLEGIBLE] By: /s/ Xxxxx Xxxx
------------------------------ ---------------------------
Name: [ILLEGIBLE] Name: Xxxxx Xxxx
----------------------------
Title: Executive Director Title: Managing Partner
ADVANCED TECHNOLOGY VENTURES IV, SVE STAR VENTURES
L.P. ENTERPRISES NO. II GbR
By: /s/ Xxx Xxxxxxx By: /s/ Xxxx Xxxxx
------------------------------ ---------------------------
Name: Xxx Xxxxxxx Name: SVM Star Ventures Management
Title: General Partner GmbH No. 3--Managing Partner
Title: Xxxx Xxxxx--Managing Director
SVE STAR VENTURES ENTERPRISES NO. SVE STAR VENTURES
III GbR ENTERPRISES NO. IIIA GbR
By: /s/ Xxxx Xxxxx By: /s/ Xxxx Xxxxx
------------------------------ ---------------------------
Name: SVM Star Ventures Management Name: SVM Star Ventures Management
GmbH No. 3--Managing Partner GmbH No. 3--Managing Partner
Title: Xxxx Xxxxx--Managing Director Title: Xxxx Xxxxx--Managing Director
STAR MANAGEMENT OF INVESTMENTS SVM STAR VENTURES
(1993) LIMITED PARTNERSHIP MANAGEMENT GmbH NR. 3
& CO. BETEILIGUNGS KG
By: /s/ Xxxx Xxxxx By: /s/ Xxxx Xxxxx
------------------------------ ---------------------------
Name: SVM Star Ventures Management Name: SVM Star Ventures Management
GmbH No. 3--Managing Partner GmbH No. 3--Managing Partner
Title: Xxxx Xxxxx--Managing Director Title: Xxxx Xxxxx--Managing Director
UNICYCLE TRADING COMPANY L.P. MANAKIN INVESTMENTS LTD.
By: /s/ Xxxx Xxxxx By: /s/ Xxxxxx Xxxxxxxxx
------------------------------ ---------------------------
Name: Xxxx Xxxxx Name: Xxxxxx Xxxxxxxxx
Title: President Title: Manager
VTEL CORPORATION COURSES INVESTMENTS IN
TECHNOLOGY L.P.
By: /s/ By: /s/ Xxxx Xxxx
------------------------------ ---------------------------
Name: Name: Xxxx Xxxx
----------------------------
Title: Title: CFO
---------------------------
-3-
K.T. CONCORD VENTURE K.T. CONCORD VENTURE
FUND (ISRAEL), L.P. FUND (CAYMAN) L.P.
By: /s/ Xxxxx Xxxx/Xxxx Xxxxxx By: /s/ Xxxxx Xxxx/Xxxx Xxxxxx
------------------------------------ ------------------------------------
Name: Xxxxx Xxxx/Xxxx Xxxxxx Name: Xxxxx Xxxx/Xxxx Xxxxxx
Title: Managing Partner/General Partner Title: Managing Partner/General Partner
/s/ Xxxx Xxxxxx /s/ Xxx Xxxxxxxxx
--------------------------------------- ---------------------------------------
XXXX XXXXXX XXX XXXXXXXXX
/s/ Xxxxx Xxxxxx /s/ Xxxxxx Xxxxxxxxx
--------------------------------------- ---------------------------------------
XXXXX XXXXXX XXXXXX XXXXXXXXX
/s/ [ILLEGIBLE]
---------------------------------------
XXXXXXX XXXXXX/VAMOS LTD.
NORWEST EQUITY CAPITAL L.L.C. XXXXX X. XXXX FAMILY TRUST
By: /s/ [ILLEGIBLE] By: /s/ Xxxxx X. Xxxx
------------------------------------ ------------------------------------
Itasca NEC, L.L.C., Managing Member Xxxxx X. Xxxx, Trustee
/s/ Xxxxx X. Xxxx
-----------------------------------
Xxxxx X. Xxxx, Member
