We use cookies on our site to analyze traffic, enhance your experience, and provide you with tailored content.
Explore a free library of open-source, peer-reviewed contract standards, adopted by thousands of business around the world and signed millions of times.
Exhibit 10.2 ADDENDUM TO SHAREHOLDERS' AGREEMENT Pursuant to paragraph 3(a) of the Shareholders' Agreement (and the references contained therein) dated February 27, 1995 by and between Xxx Enterprises, Incorporated ("Xxx") and Journal Limited Partnership ("JLP") (the "Shareholders' Agreement"), National Bank of Commerce Trust and Savings Association, acting as trustee on behalf of the Trust U/W of Xxxx X. Xxxxxxxx/Xxxx X. Xxxxxxxx share (the "Trustee" and the "Trust"), a limited partner of JLP, has notified JLP of the Trustee's desire for JLP to distribute to the Trust a 7.425% limited partnership interest in JLP, which will result in 244,526 shares of Xxx Common Stock being distributed by JLP to the Trustee through the registration of the transfer of such shares in the name of the Trustee, subject to, inter alia, the Trustee's execution of a counterpart of the Shareholders' Agreement. In consideration of the receipt of Xxx Common Stock, the Trustee hereby executes a counterpart of this Shareholders' Agreement and agrees to be bound by all the provisions, acknowledgements, understandings, representations, warranties and other agreements contained within the Shareholders' Agreement in accordance with its terms as if the Trustee were an original signatory to the Shareholders' Agreement. The Trustee represents and warrants that the execution, delivery and performance of the terms, obligations and duties of the Shareholders' Agreement have been duly authorized by all necessary actions of the Trustee as authorized or directed by the agreement evidencing the Trust. NATIONAL BANK OF COMMERCE TRUST AND SAVINGS ASSOCIATION, Trustee of the Trust U/W of Xxxx X. Xxxxxxxx/Xxxx X. Xxxxxxxx Share By: /s/ Xxxx X. Xxxxx -------------------------------- Xxxx X. Xxxxx, Vice President and Trust Officer Exhibit 10.2 SECOND ADDENDUM TO SHAREHOLDERS' AGREEMENT THIS AGREEMENT is entered into this 18th day of April, 1997 by and among XXX ENTERPRISES, INCORPORATED, a Delaware corporation ("Xxx"), NATIONAL BANK OF COMMERCE TRUST AND SAVINGS ASSOCIATION, as trustee on behalf of the Trust U/W of Xxxx X. Xxxxxxxx/Xxxx X. Xxxxxxxx Share (the "MTS Trustee" and the "MTS Trust") and as trustee on behalf of the Xxxxx X. Xxxxxxxx Revocable Trust (the "JCS Trustee" and the "JCS Trust"), and JOURNAL LIMITED PARTNERSHIP, a Nebraska limited partnership ("JLP"), for itself and as agent and authorized representative for all partners of JLP not signatories hereto (hereinafter sometimes referred to as the "JLP Partners"). W I T N E S S E T H: WHEREAS, pursuant to paragraph 4(b) of the Shareholders' Agreement (and the references contained therein) originally dated February 27, 1995, as amended, by and among Xxx, JLP and the MTS Trust (the "Shareholders' Agreement"), JLP, the MTS Trustee and the JCS Trustee have notified Xxx of their desire for Xxx to prepare, file with the Securities and Exchange Commission ("SEC") and cause to become effective a registration statement on Form S-3 (the "Registration Statement") under the Securities Act of 1933, as amended (the "Securities Act") with respect to 3,293,286 shares of Xxx Common Stock, $2.00 par value (the "Shares") held by the undersigned (the "Selling Stockholders"). NOW THEREFORE, in consideration of Xxx'x filing of the Registration Statement, the undersigned hereby agree as follows: 1. Compliance with Securities Laws and Transfer Requirements. Each of the Selling Stockholders agrees that the Selling Stockholder will fully comply with all requirements under the Securities Act and the Securities Exchange Act of 1934, as amended (the "Exchange Act"), including without limitation the prospectus delivery requirements under the Securities Act and the provisions of Rule 10b-6 of the Exchange Act, in connection with any Transfer (as defined below) of the Shares pursuant to the Registration Statement. 2. Transfers of Shares After Registration; Amended Registration Statement. If Xxx notifies the Selling Stockholders that the Registration Statement may be required to be amended or supplemented so that a Transfer of the Shares pursuant to the Registration Statement can be effected in compliance with the Securities Act and the Exchange Act (the "Suspension Notice"), then (i) Xxx shall, as soon as reasonably practicable after the date of such notice, file an amendment or supplement to the Registration Statement to permit the Selling Stockholder to utilize the Registration Statement to effect a Transfer of the Shares in compliance with the Securities Act and the Exchange Act, and (ii) until such amendment or supplement becomes effective pursuant to the rules and regulations promulgated under the Securities Act, none of the Selling Stockholders shall effect any Transfer of the Shares pursuant to the Registration Statement. Notwithstanding the foregoing, the obligation of Xxx to file any amendment or supplement to the Registration Statement shall not apply with respect to any amendment or supplement relating to information supplied by any of the Selling Stockholders or any other person selling Shares pursuant to the Registration Statement unless the Selling Stockholders or such other person shall have given prior written notice to Xxx that an amendment or supplement is required, in which case, (i) Xxx shall file such amendment or supplement as soon as reasonably practical following the date such notice is received by Xxx, and (ii) until such amendment or supplement becomes effective pursuant to the rules and regulations promulgated under the Securities Act, none of the Selling Stockholders shall effect any Transfer of the Shares pursuant to the Registration Statement. The term "Transfer" shall mean any disposition of any of the Shares or any interest therein for value, whether by sale, assignment, pledge or otherwise. 3. Notices. Except for the Suspension Notice under paragraph 2, any notice or other communication provided for herein or given hereunder to a party hereto shall be in writing and shall be delivered in person or sent by telecopy to the address or telecopy number set forth below and a copy of such notice shall be mailed by first class registered or certified mail, postage prepaid, addressed as follows: If to Xxx: --------- Xxxxx Xxxxxx, Director of Financial Services Xxx Enterprises, Incorporated 400 Xxxxxx Building 000 X. Xxxx Xxxxxx Xxxxxxxxx, XX 00000 Telephone: (000) 000-0000 Fax: (000) 000-0000 Copy: ---- X. X. Xxxxxxxx III, Esq. Lane & Xxxxxxxx 600 Norwest Bank Building 000 X. Xxxx Xxxxxx Xxxxxxxxx, XX 00000-0000 Telephone: (000) 000-0000 Fax: (000) 000-0000 If to JLP: --------- Xxxxx Xxxxxx, President Journal Corporation X.X. Xxx 00000 Xxxxxxx, XX 00000 Telephone: (000) 000-0000 Fax: (000) 000-0000 If to MTS Trust or JCS Trust: ---------------------------- Xxxx X. Xxxxx National Bank of Commerce 0000 X Xxxxxx X.X. Xxx 00000 Xxxxxxx, XX 00000-0000 Telephone: (000) 000-0000 Fax: (000) 000-0000 Copy: ---- Xxxxxxx X. Xxxxxxx, Esq. Cline, Williams, Xxxxxx, Xxxxxxx & Xxxxxxxxx One Pacific Place 0000 X. 000xx, Xxx. 000 Xxxxx, XX 00000-0000 Telephone: (000) 000-0000 Fax: (000) 000-0000 A Suspension Notice shall be sent via facsimile and followed by transmittal of such notice via overnight delivery. 4. Shareholders' Agreement to Remain in Effect. Except as modified, amended or superseded by this Second Addendum to Shareholders' Agreement, the terms and conditions of the Shareholders' Agreement, as amended, shall remain in full force and effect. 5. Counterparts. This Agreement may be executed in one or more counterparts, each of which shall be deemed an original but all of which shall constitute but one instrument. 6. Signatures. The parties agree that signatures on facsimile copies will be deemed to have the same effect as original signatures, provided that an original counterpart shall be promptly transmitted by overnight mail or courier. Xxx Enterprises, Incorporated Journal Limited Partnership by Journal Corporation By /s/ X. X. Xxxxxxxx III By /s/ Xxxxx Xxxxxx ---------------------- -------------------------------------------- X. X. Xxxxxxxx III, Xxxxx Xxxxxx, President Secretary NATIONAL BANK OF COMMERCE TRUST AND SAVINGS ASSOCIATION, Trustee of the Trust U/W of Xxxx X. Xxxxxxxx/Xxxx X. Xxxxxxxx Share By /s/ Xxxx X. Xxxxx -------------------------------------------- Xxxx X. Xxxxx, Vice President and Trust Officer NATIONAL BANK OF COMMERCE TRUST AND SAVINGS ASSOCIATION, Trustee of the Xxxxx X. Xxxxxxxx Revocable Trust By /s/ Xxxx X. Xxxxx -------------------------------------------- Xxxx X. Xxxxx, Vice President and Trust Officer Exhibit A XXX ENTERPRISES, INCORPORATED Suspension Notice Xxx hereby notifies you to suspend any Transfer of the Shares until (_____________________, 199__) (further notice) pursuant to Section 2 of the Second Addendum to the Shareholders Agreement dated April 18, 1997 in order to permit Xxx to amend the Registration Statement. XXX ENTERPRISES, INCORPORATED By ____________________________ Its ____________________________