AMENDMENT TO PROMISSORY NOTES
AMENDMENT
TO
AMENDMENT
TO PROMISSORY NOTES (this
“Amendment”),
dated
as of October 25, 2007, by and among EyeTel Imaging, Inc., a Delaware
corporation (the “Company”),
and
each of the other persons and entities listed on the signature pages hereto
(the
“Holders”),
amending
those certain Promissory Notes dated October 1, 2007 (the “Notes”),
issued by the Company to the Holders. Capitalized
terms used but not otherwise defined herein shall have the meanings ascribed
to
such terms in the
Notes.
WHEREAS,
in
connection with a proposed initial public offering of Common Stock of the
Company, the parties hereto desire to amend the Notes as set forth
below;
NOW,
THEREFORE,
in
consideration of the premises and mutual covenants contained herein, the parties
hereto hereby agree as follows:
1. Maturity.
Section
2(a) of the Notes is hereby amended and restated to read in its entirety as
follows:
“(a) the
date
that is five (5) business days after the closing date of an underwritten public
offering pursuant to an effective registration statement under the Securities
Act of 1933, as amended, covering the offer and sale of the Company’s common
stock, par value $.001 per share, for the account of the Company;
and”
2. Ratification;
References.
Except
as otherwise modified by this Amendment, the provisions of the Stockholders
Agreement shall continue to be and remain in full force and effect, and any
reference thereto shall hereafter mean the Stockholders Agreement, as amended
hereby.
3. Counterparts.
This
Amendment may be executed in one or more counterparts (including by facsimile).
Each such counterpart shall be deemed an original, and all of such counterparts
together shall be one instrument.
4. Governing
Law.
This
Amendment shall be governed by and construed in accordance with the laws of
the
State of New York as applied to agreements among New York residents entered
into
and performed entirely within New York.
[SIGNATURE
PAGES FOLLOW]
IN
WITNESS WHEREOF,
the
parties hereto have caused this Amendment to Amended and Restated Stockholders
Agreement to be executed as of the date first set forth above.
EYETEL
IMAGING, INC.
By:
/s/
Xxxx X.
Xxxxxxxxx
Print
Name: Xxxx X. Xxxxxxxxx
Title:
President and Chief Executive Officer
XXXX
CAPITAL VENTURE FUND 2001, LP
By:
Xxxx
Capital Venture Partners, LP, its
General
Partner
By:
Xxxx
Capital Venture Investors, LLC,
its
General Partner
By:
/s/
Xxxxx X.
Xxxxxxx
Name:
Xxxxx X. Xxxxxxx
Title:
Managing Director
BROOKSIDE
CAPITAL PARTNERS FUND,
L.P.
By:
Brookside Capital Investors, L.P., its
General
Partner
By:
Brookside Capital Management, LLC,
its
General Partner
By:
/s/
Xxxx XxXxxxxxx
Name:
Xxxx XxXxxxxxx
Title:
Managing Director
BCIP
ASSOCIATES III, LLC
By:
BCIP
Associates III, its
sole
member and manager
By:
Xxxx
Capital Investors, LLC,
their
Managing Partner
By:
/s/
Xxxxx X.
Xxxxxxx
Name:
Xxxxx X. Xxxxxxx
Title:
Managing Director
RGIP,
LLC
By:
/s/
Xxxxxx X.
Xxxx
Name:
Xxxxxx X. Xxxx
Title:
Managing Member
RADIUS
VENTURE PARTNERS II, LP
By:
Radius Venture Partners II, LLC, its
General
Partner
By:
/s/
Jordan X. Xxxxx
Name:
Jordan X. Xxxxx
Title:
Managing Member