EXHIBIT 10.19
AMENDMENT NO. 1 TO SECURITYHOLDERS AGREEMENT
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This Amendment No. 1 to Securityholders Agreement (this "Amendment")
is made as of September __, 1997, by and among The Xxxxxxxx Companies, Inc., a
Delaware corporation formerly known as BrightView Communications Group, Inc.
(the "Company"), Xxxxxxxx Holdings, L.L.C., a Delaware limited liability company
("Holdings"), and the other Persons executing this Amendment and listed on the
Schedule of Investors attached hereto (each, an "Investor" and all of such
Persons, collectively, the "Investors").
The Company, Holdings and the Investors are parties to a
Securityholders Agreement, dated as of September 30, 1996 among the Company,
Holdings and the Investors (the "Securityholders Agreement"), and wish to amend
the Securityholders Agreement as provided herein. The execution and delivery of
this Amendment is a condition to the obligations of the Company and the
Investors under the Contribution and Recapitalization Agreement, dated as of
September __, 1997, by and among the Company and the Investors (the
"Contribution Agreement").
In consideration of the mutual agreements set forth herein and in the
Contribution Agreement and other good and valuable consideration, the receipt
and sufficiency of which is hereby acknowledged, the parties hereto agree as
follows:
1. Section 2.1(b) of the Securityholders Agreement is hereby amended
and restated to read in its entirety as set forth below:
"(b) The provisions of this Section 2.1 shall terminate automatically
and be of no further force or effect as of the day twenty-one (21)
calendar months after the consummation of the Contribution
Transactions, as defined in the Contribution and Recapitalization
Agreement, dated as of September __, 1997, among The Xxxxxxxx
Companies, Inc., Xxxxxx Xxxxx, Nassau Capital Partners II, L.P., NAS
Partners I, L.L.C. and the other Persons listed on the Schedule of
Investors attached thereto, as amended.
2. The following is added as Section 6.1(f) of the Securityholders
Agreement:
"(f) The provisions of this Section 6.1 shall terminate automatically
and be of no further force or effect upon a Qualified IPO."
3. This Amendment may be executed in two or more counterparts, all
of which taken together will constitute one and the same agreement.
* * * * *
IN WITNESS WHEREOF, the parties hereto have executed this Amendment No. 1
to Securityholders Agreement as of the date first written above.
THE XXXXXXXX COMPANIES, INC.
By:
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Name:
Title:
XXXXXXXX HOLDINGS, L.L.C.
By: The Xxxxxxxx Companies, Inc.
Its: Manager
By:
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Name:
Title:
XXXXXX XXXXX & PARTNERS, L.P.
By: Xxxxxx Xxxxx & Partners, L.L.C.
Its: General Partner
By:
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Name: Xxxxxx X. Xxxxxxxxxx
Title: Managing Director
NASSAU CAPITAL PARTNERS II, L.P.
By: Nassau Capital, L.L.C.
Title: General Partner
By:
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Name:
Title:
NAS PARTNERS I, L.L.C.
By:
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Name:
Title:
[Signature Page to Amendment No. 1 to Securityholders Agreement]
XXXXXXXX PROPERTIES
By:
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Name: Xxxxxx X. Xxxxxxxx
Title: Chairman of the Board
CHASE EQUITY ASSOCIATES, L.P.
By: Chase Capital Partners
Its: General Partner
By:
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Name:
Title: General Partner
BANKAMERICA INVESTMENT CORPORATION
By:
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Name:
Title:
CIVC PARTNERS II
By:
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Name:
Title: A General Partner
CIBC WG ARGOSY MERCHANT FUND 2, L.L.C.
By:
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Name:
Title:
ALLSTATE INSURANCE COMPANY
By:
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Name:
Title:
[Signature Page to Amendment No. 1 to Securityholders Agreement]
FUI, INC.
By:
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Name:
Title:
NORWEST EQUITY CAPITAL, L.L.C.
By: Itasca NEC, L.L.C.
Its: Managing Member
By:
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Name:
Title:
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Xxxxx X. Xxxxxxx, Xx.
THE XXXXXXXX X. XXXXX AND XXXXX XXXXX
TRUST
By:
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Name: Xxxxxxxx X. Xxxxx
Title:
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Xxxxxx Xxxx
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Xxxxxx X. Xxxxxxx
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Xxxxx Xxxx
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Xxxxxxx Xxxxxxx
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X. Xxxxxx Xxxxxxxxxx
[Signature Page to Amendment No. 1 to Securityholders Agreement]
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Xxxx Xxxxxx
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Xxxxxxx X Xxxxxx
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Xxxx Xxxxxx
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Xxxxxxx X. Xxxxx
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Xxxx Xxxxxxxxx
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Xxxxx Xxxxx
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Xxx Xxxxxx
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Xxx Xxxxxx
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Xxxxxxx Xxxxxxxxx
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Xxxxxx XxXxxxxxx
[Signature Page to Amendment No. 1 to Securityholders Agreement]
XXXX XXXXXX XXXXXXXX, Custodian for
Xxxxxx XxXxxxxxx XXX Rollover
By:
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Name:
Title:
MLPF&S, Custodian FPO Xxxxx Xxxxxxx XXX
FBO Xxxxx Xxxxxxx
By:
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Name:
Title:
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Xxxxxxxxx Xxxxxxx
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Xxx Xxxxxxx
