1
EXHIBIT 4.2.2
STATE COMMUNICATIONS, INC.
MASTER AMENDMENT AGREEMENT & CONSENT
This MASTER AMENDMENT AGREEMENT & CONSENT (the "Agreement") is made and
entered into this 20th day of March, 2000 by and among STATE COMMUNICATIONS,
INC., a South Carolina corporation (the "Company"), the holders of the Company's
common stock listed on SCHEDULE I (the "Holders"), the Existing Investors listed
on SCHEDULE II (the "Existing Investors"), the New Investors listed on SCHEDULE
III (the "New Investors"), Xxxxxxx Xxxxxx ("Xxxxxx"), Xxxxx Overseas Technology
Venture Fund, LDC and Xxxxx Technology Venture Fund, LLC, and Seruus Telecom
Fund, L.P. ("Seruus").
WHEREAS, the Company and certain of the Existing Investors are parties
to that certain Preferred Stock Purchase Agreement dated February 1, 2000, (the
"First Preferred Stock Purchase Agreement") and that certain Registration Rights
Agreement, dated February 1, 2000 (the "Registration Rights Agreement"); and
WHEREAS, the Company, the Holders and the Existing Investors are
parties to a Second Amended and Restated Stockholders' Agreement, dated February
1, 2000 (the "Stockholders' Agreement", and collectively with the Registration
Rights Agreement, the "Agreements"); and
WHEREAS, pursuant to the terms of a Preferred Stock Purchase Agreement
of even date herewith, the form of which is attached hereto as EXHIBIT A (the
"Second Preferred Stock Purchase Agreement"), between the Company, certain
Existing Investors and the New Investors, the Company has agreed to issue
4,214,703 shares (the "New Shares") of its Series C Convertible Preferred Stock
to the New Investors; and
WHEREAS, the Company desires to amend the Agreements in order to add
the New Investors as parties and to reflect the issuance of the New Shares by
the Company; and
WHEREAS, the Existing Investors desire to consent to the issuance of
the New Shares pursuant to the Second Preferred Stock Purchase Agreement to the
New Investors and waive any preemptive rights they may have with respect to the
issuance of the New Shares; and
WHEREAS, Richland Ventures II, L.P. has transferred 133,334 of its
shares of the Company's Series B Convertible Preferred Stock, par value $0.01
per share (the "Series B Stock") to Xxxxxx; and
WHEREAS, Xxxxx Global Investments, Ltd. has transferred 1,333,333 of
its shares of its Series B Stock and 517,648 of its shares of Series C Stock to
its affiliate Xxxxx Overseas Technology Venture Fund, LDC and Remington
Investment Strategies, L.P. has transferred 1,333,333 of its shares of its
Series B Stock and 517,648 of its shares of Series C Stock to its affiliate
Xxxxx Technology Venture Fund, LLC; and
2
WHEREAS, Boston Millennia Partners Limited Partnership has transferred
400,000 of its shares of Series B Stock to its affiliate Citizens Capital
Corporation; and
WHEREAS, the parties hereto desire that Xxxxxx, Xxxxx Overseas
Technology Venture Fund, LDC and Xxxxx Technology Venture Fund, LLC become
parties to the Stockholders' Agreement; and
WHEREAS, Citizens Capital Corporation desires to have the rights and
obligations of a Holder under, and as defined in, the Registration Rights
Agreement dated July 29, 1999 by and among the Company and the parties listed on
Schedule I thereto (the "Series B Registration Rights Agreement"), and Xxxxx
Overseas Technology Venture Fund, LDC and Xxxxx Technology Venture Fund, LLC
desire to have the rights and obligations of a Holder under, and as defined in,
the Series B Registration Rights Agreement with respect to their Series B Stock
and the rights and obligations of a Holder under, and as defined in, the
Registration Rights Agreement with respect to their Series C Stock;
NOW, THEREFORE, the parties hereto agree as follows:
ARTICLE I
Amendments to Stockholders' Agreement
1.1 Substitution of Schedules I & II. Schedule I to the Stockholders'
Agreement is hereby deleted in its entirety and, in lieu thereof, new Schedule I
attached hereto as EXHIBIT B is hereby inserted. Schedule II to the
Stockholders' Agreement is hereby deleted in its entirety and, in lieu thereof,
new Schedule II attached hereto as EXHIBIT C is hereby inserted.
1.2 Addition of New Investors. Upon the execution and delivery of this
Agreement, the New Investors, Xxxxxx, Xxxxx Overseas Technology Venture Fund,
LDC and Xxxxx Technology Venture Fund, LLC shall be deemed parties to the
Stockholders' Agreement and agree to be bound as Investors (as defined therein)
by the terms and conditions contained therein, except that Xxxxxx Xxxxxxx
Xxxxxxx shall be bound as a Holder (as defined therein) with respect to shares
of the Company's Common Stock, par value $0.001 per share (the "Common Stock")
and options to purchase Common Stock held by him.
1.3 Super-Majority Approval for Future Amendments. Section 5.2 of the
Stockholders' Agreement is hereby deleted in its entirety and replaced with the
following:
5.2 Amendment. This Agreement may be amended or supplemented, and the
observance of any term hereof or thereof may be waived, with the
written consent of (i) the Company, (ii) Investors holding 66.66% of
the Securities held by the Investors, and (iii) holders of a majority
of the Securities held by all Holders and Investors as a group;
provided that in the case of any amendment, supplementation or waiver
that adversely affects any Investor and does not similarly adversely
affect all Investors, such amendment, supplementation or waiver must be
approved by each adversely-affected Investor.
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ARTICLE II
Amendment to Registration Rights Agreement
2.1 Substitution of Schedule I. Schedule I to the Registration Rights
Agreement is hereby deleted in its entirety and, in lieu thereof, new Schedule I
attached hereto as EXHIBIT D is hereby inserted.
2.2 Addition of New Investors. Upon the execution and delivery of this
Agreement, the New Investors shall be deemed parties to the Registration Rights
Agreement and agree to be bound by the terms and conditions contained therein.
ARTICLE III
AGREEMENT TO BE BOUND AS HOLDERS UNDER
REGISTRATION RIGHTS AGREEMENT &
SERIES B REGISTRATION RIGHTS AGREEMENT
3.1 Affiliate Transferees of Series B Holders. As provided in Paragraph
11(b) of the Series B Registration Rights Agreement, Citizens Capital
Corporation, Xxxxx Overseas Technology Venture Fund, LDC and Xxxxx Technology
Venture Fund, LLC, each as an affiliate transferee of a Holder, as defined in
the Series B Registration Rights Agreement, hereby agrees to be bound by the
obligations imposed upon such a Holder to the same extent as if it was such a
Holder.
3.2 Affiliate Transferees of Series C Holders. As provided in Paragraph
11(b) of the Registration Rights Agreement, Xxxxx Overseas Technology Venture
Fund, LDC and Xxxxx Technology Venture Fund, LLC, each as an affiliate
transferee of a Holder, as defined in the Registration Rights Agreement, hereby
agrees to be bound by the obligations imposed upon such a Holder to the same
extent as if it was such a Holder.
ARTICLE IV
CONSENT TO ISSUANCE OF NEW SHARES
& WAIVER OF PREEMPTIVE RIGHTS
4.1 Consent to Issuance of New Shares. Each Existing Investor, Xxxxxx,
Xxxxx Overseas Technology Venture Fund, LDC and Xxxxx Technology Venture Fund,
LLC hereby consent to the issuance of the New Shares to the New Investors as
contemplated in the Second Preferred Stock Purchase Agreement.
4.2 Waiver of Preemptive Rights and Notice of Issuance of New Shares.
Each Existing Investor, Xxxxxx, Xxxxx Overseas Technology Venture Fund, LDC and
Xxxxx Technology Venture Fund, LLC hereby waive any preemptive rights with
respect to the issuance of the New Shares to the New Investors and any rights to
notice of the proposed issuance of the
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New Shares to the New Investors they may have pursuant to the Shareholders'
Agreement or otherwise.
4.3 Consent of Series A and Series B Preferred Stock Holders and Seruus
to Grant of Registration Rights to New Investors. Each Existing Investor who is
a holder of any of the Company's Series A Convertible Preferred Stock and/or the
Company's Series B Convertible Preferred Stock (each, a "Series A Holder" and/or
a "Series B Holder" respectively), Xxxxxx (who is a Series B Holder), Xxxxx
Overseas Technology Venture Fund, LDC and Xxxxx Technology Venture Fund, LLC
(each of whom are Series B Holders) and Seruus hereby consent to the grant by
the Company of the registration rights set forth in the Registration Rights
Agreement to the New Investors with respect to the New Shares. Without limiting
the foregoing, each Series A Holder, each Series B Holder, and Seruus
specifically consent to the alteration of the priority provisions set forth in
all other registration rights agreements to which they are parties and which
pertain to securities of the Company and agree that this Agreement shall
constitute an amendment to each such person's existing registration rights
agreements with the Company to the extent necessary to harmonize such
registration rights agreements with the Registration Rights Agreement as amended
hereby.
ARTICLE V
Miscellaneous
5.1 Counterparts. This Agreement may be executed in any number of
counterparts, each of which shall be deemed an original instrument, but all of
which together shall constitute but one agreement.
5.2 Headings. The headings of the various sections of this Agreement
have been inserted for convenience of reference only and shall not be deemed to
be a part of this Agreement.
5.3 All Other Terms and Conditions Ratified. All other terms and
conditions of the Agreements are hereby ratified and confirmed by the parties
and shall remain in full force and effect.
5.4 Governing Law. This Agreement shall be governed by and construed in
accordance with the laws of the State of South Carolina, without giving effect
to principles governing conflicts of laws.
[SIGNATURES BEGIN ON NEXT PAGE]
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IN WITNESS WHEREOF, the Company and each of the parties hereto have
executed this Master Amendment Agreement as of the date first above written.
STATE COMMUNICATIONS, INC.
By:
----------------------------------------------
Title:
-------------------------------------------
EXISTING INVESTORS
RICHLAND VENTURES II, L.P.
By: Richland Partners II, Inc., General Partner
By:
----------------------------------------------
Title:
-------------------------------------------
RICHLAND VENTURES III, L.P.
By: Richland Partners III, Inc., General Partner
By:
----------------------------------------------
Title:
-------------------------------------------
FIRST UNION CAPITAL PARTNERS, INC.
By:
----------------------------------------------
Title:
-------------------------------------------
XXXXX GLOBAL INVESTMENTS, LTD.
By: Xxxxx Capital Management, Inc.,
Trading Advisor
By:
----------------------------------------------
Title:
-------------------------------------------
REMINGTON INVESTMENT STRATEGIES, L.P.
By: Xxxxx Capital Advisors, L.L.C.,
General Partner
By:
----------------------------------------------
Title:
-------------------------------------------
[SIGNATURES CONTINUED ON NEXT PAGE]
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IN WITNESS WHEREOF, the Company and each of the parties hereto have
executed this Master Amendment Agreement as of the date first above written.
BOSTON MILLENNIA PARTNERS LIMITED PARTNERSHIP
By: Xxxx Partners Limited Partnership,
General Partner
By:
----------------------------------------------
Title:
-------------------------------------------
BOSTON MILLENNIA ASSOCIATES I PARTNERSHIP
By:
----------------------------------------------
Title:
-------------------------------------------
CITIZENS CAPITAL, INC.
By:
----------------------------------------------
Title:
-------------------------------------------
[SIGNATURES CONTINUED ON NEXT PAGE]
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IN WITNESS WHEREOF, the Company and each of the parties hereto have
executed this Master Amendment Agreement as of the date first above written.
SOUTHEASTERN TECHNOLOGY FUND
By:
----------------------------------------------
By:
----------------------------------------------
Title:
-------------------------------------------
(SEAL)
-------------------------------------------
Xxxxxx X. Xxxxxx
(SEAL)
-------------------------------------------
Xxxxxxx X. Xxxxxx
(SEAL)
-------------------------------------------
Xxxxxxx X. Xxxxxx
(SEAL)
-------------------------------------------
Xxxxxxx X. Xxxxxx
(SEAL)
-------------------------------------------
Xxxxxx X. Xxxxxxxx
(SEAL)
-------------------------------------------
Xxxxxx X. Xxxxxxxxx
(SEAL)
-------------------------------------------
Xxxxxx Xxxxxxxx
(SEAL)
-------------------------------------------
Xxxxx Xxxxxx
SERUUS TELECOM FUND, L.P.
By: , its General Partner
-----------------------
By:
----------------------------------------------
Title:
-------------------------------------------
[SIGNATURES CONTINUED ON NEXT PAGE]
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IN WITNESS WHEREOF, the Company and each of the parties hereto have
executed this Master Amendment Agreement as of the date first above written.
SERUUS VENTURES, LLC.
By:
----------------------------------------------
Title:
-------------------------------------------
(SEAL)
-------------------------------------------
Xxxxxxxx X. Xxxxxxx III
(SEAL)
-------------------------------------------
Xxxx X. Xxxxxxx
-------------------------------------------------
Xxxx X. Xxxxx, Xx.
XXXXX XXXXXXX PROFIT SHARING PLAN FUND II
By:
----------------------------------------------
By:
----------------------------------------------
Title:
-------------------------------------------
WILLOU & CO.
By:
----------------------------------------------
Title:
-------------------------------------------
[SIGNATURES CONTINUED ON NEXT PAGE]
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IN WITNESS WHEREOF, the Company and each of the parties hereto have
executed this Master Amendment Agreement as of the date first above written.
XXXXXX CHARITABLE REMAINDER UNITRUST
By:
----------------------------------------------
Title:
-------------------------------------------
VFO PARTNERS, LTD.
By:
----------------------------------------------
By:
----------------------------------------------
Title:
-------------------------------------------
TORONTO DOMINION CAPITAL (U.S.A.), INC.
By:
----------------------------------------------
Title:
-------------------------------------------
NEWCOURT COMMERCIAL FINANCE
CORPORATION, an affiliate of The CIT
Group, Inc.
By:
----------------------------------------------
Title:
-------------------------------------------
[SIGNATURES CONTINUED ON NEXT PAGE]
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IN WITNESS WHEREOF, the Company and each of the parties hereto have
executed this Master Amendment Agreement as of the date first above written.
BANCAMERICA CAPITAL INVESTORS SBIC I, L.P.
By: BancAmerica Capital Management SBIC I, LLC,
Its general partner
By: BancAmerica Capital Management I, L.P.,
Its sole member
By: BACM I GP, LLC,
Its general partner
By:
----------------------------------------------
Name: Xxxxxx X. Xxxxxxxx, III
Title: Member
CAPITAL INSIGHTS GROWTH INVESTORS, L.P.
By:
----------------------------------------------
Title:
-------------------------------------------
-------------------------------------------------
Xxxxx X. Xxxxxxxxxx, Xx.
-------------------------------------------------
Xxxxx X. Xxxxx
-------------------------------------------------
Xxxxxxx Xxxxxxx
[SIGNATURES CONTINUED ON NEXT PAGE]
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IN WITNESS WHEREOF, the Company and each of the parties hereto have
executed this Master Amendment Agreement as of the date first above written.
-------------------------------------------------
Xxxxxx X. Xxxxxxxx
-------------------------------------------------
Xxxxx Xxxxxx
***************************
-------------------------------------------------
Xxxxxxx Xxxxxx
XXXXX OVERSEAS TECHNOLOGY VENTURE FUND, LDC
By:
----------------------------------------------
By:
----------------------------------------------
Title:
-------------------------------------------
XXXXX TECHNOLOGY VENTURE FUND, LLC
By:
----------------------------------------------
By:
----------------------------------------------
Title:
-------------------------------------------
[SIGNATURES CONTINUED ON NEXT PAGE]
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IN WITNESS WHEREOF, the Company and each of the parties hereto have
executed this Master Amendment Agreement as of the date first above written.
NEW INVESTORS
CIBC WMC INC.
By:
----------------------------------------------
Title:
-------------------------------------------
NORTEL NETWORKS INC.
By:
----------------------------------------------
Title:
-------------------------------------------
WACHOVIA CAPITAL INVESTMENTS, INC.
By:
----------------------------------------------
Title:
-------------------------------------------
-------------------------------------------------
Xxxxx XxXxxxxxx
-------------------------------------------------
Xxxxxxx Xxxx
-------------------------------------------------
Xxxxxxx Xxxxx
-------------------------------------------------
Xxxxxx Xxxxx
-------------------------------------------------
Xxxxxxxx X. Xxxxxxx, III
[SIGNATURES CONTINUED ON NEXT PAGE]
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IN WITNESS WHEREOF, the Company and each of the parties hereto have
executed this Master Amendment Agreement as of the date first above written.
-------------------------------------------------
Xxxxx Xxxx
-------------------------------------------------
Xxxx X. Xxxx Trustee for Xxxxxx X. Xxxxxxxx
-------------------------------------------------
Xxxxx Xxxxxx
-------------------------------------------------
XxXxx Xxxxxxxx
-------------------------------------------------
G. Xxxxxxx Xxxxxxx
XXXXX X. XXXXXX SSB XXX ROLLOVER
By:
----------------------------------------------
Title:
-------------------------------------------
[SIGNATURES CONTINUED ON NEXT PAGE]
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IN WITNESS WHEREOF, the Company and each of the parties hereto have
executed this Master Amendment Agreement as of the date first above written.
-------------------------------
Xxxxxx X. Xxxxxx
------------------------------- ----------------------------------
Xxxxxxx X. Xxxx Xxxx Xxxx Xxxxxx
------------------------------- ----------------------------------
Xxxxx X. Xxxxxxxx Xxxxxxx Xxx Xxxxxxxxx
Xxxxx Xxxxxx Xxxxxxxx Management Trust The Xxxxxxxx 1998 Children's Trust
By: By:
---------------------------- -------------------------------
Name: Name:
-------------------------- -----------------------------
Title: Title:
------------------------- ----------------------------
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IN WITNESS WHEREOF, the Company and each of the parties hereto have
executed this Master Amendment Agreement as of the date first above written.
XXXXX TECHNOLOGY VENTURE FUND II L.P.
By:
---------------------------------------------
By:
---------------------------------------------
Title:
------------------------------------------
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EXHIBIT A
FORM OF
SECOND PREFERRED STOCK PURCHASE AGREEMENT
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EXHIBIT B
SCHEDULE I
[TO STOCKHOLDERS' AGREEMENT AS AMENDED HEREBY]
STOCKHOLDERS
Name Issued Shares Options
---- ------------- -------
Xxxxxx X. Xxxxxx 1,904,000 850,000
00 Xxxxxxxx Xxxxxx
Xxxxxxxxxx, Xxxxx Xxxxxxxx 00000
Xxxxxxx X. Xxxxxx 1,800,000 250,000
00 Xxxxxxxx Xxxxx
Xxxxxxxxxx, Xxxxx Xxxxxxxx 00000
Xxxxxxx X. Xxxxxx 1,255,114 1,680,000
00000 Xxxxxxxx Xxxxxx
Xxxxxxxx Xxxxxxx, Xxxxxxx 00000
Xxxxxxx X. Xxxxxx 904,000 650,000
000 Xxxxxxxx Xxxxxx
Xxxxxxxxxx, Xxxxx Xxxxxxxx 00000
Xxxxxx X. Xxxxxxxx 300,000 319,110
000 Xxxxxxxx Xxxxxxx
Xxxxxxxxxx, Xxxxx Xxxxxxxx 00000
Xxxxxx X. Xxxxxxxxx 100,000 349,110
000 Xxxxxxxx Xxxxx Xxxx
Xxxxxxxxxx, Xxxxx Xxxxxxxx 00000
Seruus Ventures, LLC 200,000 0
000 Xxxxx Xxxx Xxxxxx, Xxxxx 000
Xxxxxxxxxx, Xxxxx Xxxxxxxx 00000
Seruus Telecom Fund, L.P. 861,110 0
000 Xxxxx Xxxx Xxxxxx, Xxxxx 000
Xxxxxxxxxx, Xxxxx Xxxxxxxx 00000
Xxxxxxxx X. Xxxxxxx 26,000 121,110
00 Xxxxx Xxxxxxxxx Xxxxx
Xxxxxxxxxx, Xxxxx Xxxxxxxx 00000
Xxxxx Xxxxxx 0 251,041
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2031 Harris Grove Xxxxxx Xxxx
Xxxx Xxxxx, Xxxxx Xxxxxxxx 00000
Xxxxxx Xxxxxxxx 102,260 0
000 Xxxxx Xxxx Xxxxxx, Xxxxx 000
Xxxxxxxxxx, Xxxxx Xxxxxxxx 00000
Xxxxxx Xxxxxxx Xxxxxxx 81,178 750,000
[Address to be provided]
---------------------------------------
TOTAL 7,533,662 5,220,371
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EXHIBIT C
SCHEDULE II
[TO STOCKHOLDERS' AGREEMENT AS AMENDED HEREBY]
INVESTORS
Series A Convertible Series B Convertible Series C Convertible
Name Preferred Stock Preferred Stock Preferred Stock
---- -------------------- -------------------- --------------------
Richland Ventures II, L.P. 2,083,334 533,332 588,235
0000 Xxxx Xxx Xxxxxx, Xxxxx 000
Xxxxxxxxx, XX 00000-0000
(000) 000-0000
Fax: (000) 000-0000
Richland Ventures III, L.P. 0 2,666,667 1,035,295
0000 Xxxx Xxx Xxxxxx, Xxxxx 000
Xxxxxxxxx, XX 00000-0000
(000) 000-0000
Fax: (000) 000-0000
Xxxxxx X. Xxxxxx 0 0 28,236
Xxxxx Xxxxxx Xxxxxxxx Management Trust 0 0 11,765
The Xxxxxxxx 1998 Children's Trust 0 0 11,765
c/o Merrill Xxxxx & Co., Inc.
World Financial Center
Xxxxx Xxxxx - 00xx Xxxxx
Xxx Xxxx, XX 00000-0000
Attn: Xxxx X. Xxxxxxxx, Trustee
(000) 000-0000
Fax: (000) 000-0000
Xxxxxxx X. Xxxx 0 0 5,882
Xxxx Xxxx Xxxxxx 0 0 5,882
Xxxxx X. Xxxxxxxx 0 0 1,176
Xxxxxxx Xxx Xxxxxxxxx 0 0 1,176
First Union Capital Partners, Inc. 2,083,334 1,466,667 1,176,471
One First Union Center
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Series A Convertible Series B Convertible Series C Convertible
Name Preferred Stock Preferred Stock Preferred Stock
---- -------------------- -------------------- --------------------
000 Xxxxx Xxxxxxx Xxxxxx, Xxxxx 0
Xxxxxxxxx, XX 00000-0000
(000) 000-0000
Fax: (000) 000-0000
Xxxxx Global Investments, Ltd. 0 1,333,334 517,647
C/o Citco Fund Services (Bahamas), Ltd.
Bahamas Financial Center
Charlotte & Xxxxxxx Street
P.O. Box CB 13136
Nassau, Bahamas
Xxxxx Overseas Technology 0 1,333,333 517,648
Venture Fund, LDC
c/o Moore Capital Management, Inc.
0000 Xxxxxx xx xxx Xxxxxxxx, 00xx Xxxxx
Xxx Xxxx, XX 00000
(000) 000-0000
Fax: (000) 000-0000
Remington Investments Strategies, L.P. 0 1,333,334 517,647
0000 Xxxxxx xx xxx Xxxxxxxx
Xxx Xxxx, XX 00000
(000) 000-0000
Fax: (000) 000-0000
Xxxxx Technology Venture Fund, LLC 0 1,333,333 517,648
c/o Moore Capital Advisors, L.L.C.
0000 Xxxxxx xx xxx Xxxxxxxx, 00xx Xxxxx
Xxx Xxxx, XX 00000
(000) 000-0000
Fax: (000) 000-0000
Xxxxx Technology Venture Fund II L.P. 0 0 282,352
0000 Xxxxxx xx xxx Xxxxxxxx
Xxx Xxxx, XX 00000
Attn: Xxxxxx Xxxxxxxxxx
(000) 000-0000
Fax: (000) 000-0000
Southeastern Technology Fund 0 533,333 117,647
0000 Xxxxx Xxxxxxxx Xxxxxxx, Xxxxx X
Xxxxxxxxxx, XX 00000
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Series A Convertible Series B Convertible Series C Convertible
Name Preferred Stock Preferred Stock Preferred Stock
---- -------------------- -------------------- --------------------
(000) 000-0000
Fax: (000) 000-0000
Boston Millennia Partners Limited Partnership 0 1,444,257 1,279,080
00 Xxxxx Xxxxx, Xxxxx 000
Xxxxxx, XX 00000
(000) 000-0000
Fax: (000) 000-0000
Boston Millennia Associates I Partnership 0 22,410 15,038
00 Xxxxx Xxxxx, Xxxxx 000
Xxxxxx, XX 00000
(000) 000-0000
Fax: (000) 000-0000
Citizens Capital, Inc. 0 400,000 352,941
00 Xxxxx Xxxxx, Xxxxx 000
Xxxxxx, XX 00000
(000) 000-0000
Fax: (000) 000-0000
Xxxx X. Xxxxxxx 0 20,000 51,765
c/o Richland Ventures
000 00xx Xxxxxx Xxxxx, Xxxxx 000
Xxxxxxxxx, Xxxxxxxxx 00000
Xxxxxxx X. Xxxxxx 41,667 166,666 0
000 Xxxxx Xxxxx
00000 Xxxxxxxx Xxxxxx
Xxxxxxxx Xxxxxxx, XX 00000
Xxxxxx Charitable Trust 41,667 66,666 0
C/o Cornerstone Management
Attn: Xxxxx Xxxxxx
0000 Xxxxxxxxx Xxxxxxxxxx Xxxx.
Xxxxx 000
Xxxxxxxx, XX 00000
Xxxx X. Xxxxx, Xx. 0 100,000 0
000 Xxxx Xxxxx Xxxx Xxxxx
Xxxxxxxxxx, XX 00000
Willou & Co. 416,670 266,666 0
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Series A Convertible Series B Convertible Series C Convertible
Name Preferred Stock Preferred Stock Preferred Stock
---- -------------------- -------------------- --------------------
X/x Xxxxx Xxxxxxx
X.X. Xxx 00000 XX
Xxxxxxxxxx, XX 00000
VFO Partners, Ltd. 45,000 0 0
C/O Xxxxx XxXxxxxxx
00 Xxxxxxxxx Xxxx
Xxxxxxxxxx, XX 00000
Xxxxx Xxxxxxx Profit Sharing Plan Fund II 0 33,333 0
x/x Xxxx Xxxx
X.X. Xxx 000
Xxxxxxxxxx, XX 00000
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Series A Convertible Series B Convertible Series C Convertible
Name Preferred Stock Preferred Stock Preferred Stock
---- -------------------- -------------------- --------------------
Toronto Dominion Capital (U.S.A.), Inc.
00 Xxxx 00xx Xxxxxx, 00xx Xxxxx 0 0 2,352,941
Xxx Xxxx, XX 00000
Newcourt Commercial Finance Corporation,
an affiliate of
the CIT Group, Inc. 0 0 1,176,471
0 Xxxxxxxx Xxxxx
Xxxxxxxxxx, XX 00000
BancAmerica Capital Investors SBIC I, L.P.
000 X. Xxxxx Xxxxxx, 00xx Floor 0 0 1,176,471
Xxxxxxxxx, XX 00000
Capital Insights Growth Investors, L.P.
000 X. Xxxxxxxxxxxx Xxxxx, Xxxxx 2-D 0 66,666 0
Xxxx Xxxxxx Xxx 00000
Xxxxxxxxxx, XX 00000-0000
Xxxxx X. Xxxxxxxxxx, Xx. 0 266,666 0
Ness, Motley, Loadholt, Richardson & Xxxxx
0000 Xxxxxxx Xxxxxx
Xxxxxxxx, XX 00000
Xxxxx X. Xxxxx 0 266,666 0
Xxxx Xxxxxx Xxx 0000
Xxxxxxxxxx, XX 00000
Xxxxxx X. Xxxxxxxx 0 53,333 50,000
0000 Xxxxxxxx Xxxx
XxXxxx, XX 00000
Xxxxxxx Xxxxxxx 0 26,667 70,588
000 Xxxxxxxx Xxxxxx
Xxxxxxxxxx Xxxxx, XX 00000
Xxxxx Xxxxxx 0 0 100,000
0000 Xxx Xxxxx Xxxxxx
XxXxxx, XX 00000
Xxxxxxx Xxxxxx 0 133,334 0
CIBC WMC Inc. 0 0 1,764,706
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Series A Convertible Series B Convertible Series C Convertible
Name Preferred Stock Preferred Stock Preferred Stock
---- -------------------- -------------------- --------------------
c/o CIBC Capital Partners
000 Xxxxxxxxx Xxxxxx
Xxx Xxxx, XX 00000
Attn: Xxxxxxx Xxxxx
(000) 000-0000
Fax: (000) 000-0000
Nortel Networks Inc. 0 0 1,176,471
GMS 991 15 A40
0000 Xxxxxxxx Xxxx.
Xxxxxxxxxx, Xxxxx 00000-0000
Attention: Xxxxxxxx X. Xxxxx
Director, Customer Finance North America
(000) 000-0000
Fax: (000) 000-0000
Wachovia Capital Investments,Inc. 0 0 470,588
000 Xxxxxxxxx Xxxxxx, XX
XX 000, 00xx Xxxxx
Xxxxxxx, Xxxxxxx 00000
Attention: Xxxxxx Xxxx
(000) 000-0000
Fax: (000) 000-0000
Xxxxx XxXxxxxxx 0 0 23,529
Xxxxxxx Xxxx 0 0 10,000
Xxxxxxx Xxxxx 0 0 20,000
Xxxxxx Xxxxx 0 0 52,941
Xxxxxxxx X. Xxxxxxx, III 0 0 5,000
Xxxxx Xxxx 0 0 23,529
Xxxx X. Xxxx Trustee for Xxxxxx X. Xxxxxxxx 0 0 5,000
Post Office Drawer 13 (29938)
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Series A Convertible Series B Convertible Series C Convertible
Name Preferred Stock Preferred Stock Preferred Stock
---- -------------------- -------------------- --------------------
00-X Xxxxxxx Xxxx Xxxx, Xxxxx 000
Xxxxxx Xxxx, XX 00000
(000) 000-0000
Fax: (000) 000-0000
Xxxxx Xxxxxx 0 0 35,000
0000 Xxxxxxx Xxxxxx Xxxxx
Xxxxx Xxxxx, XX 2206
Fax: (000) 000-0000
XxXxx Xxxxxxxx 0 0 5,000
G. Xxxxxxx Xxxxxxx 0 0 212,940
Xxxxx X. Xxxxxx SSB XXX Rollover 0 0 10,000
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EXHIBIT D
SCHEDULE I
[TO REGISTRATION RIGHTS AGREEMENT AS AMENDED HEREBY]
INVESTORS
Richland Ventures II, L.P.
Richland Ventures III, L.P.
Xxxx Xxxx Xxxxxxx
Xxxxxx X. Xxxxxx
Xxxxx Xxxxxx Xxxxxxxx Management Trust
The Xxxxxxxx 1998 Children's Trust
Xxxxxxx X. Xxxx
Xxxx Xxxx Xxxxxx
Xxxxx X. Xxxxxxxx
Xxxxxxx Xxx Xxxxxxxxx
First Union Capital Partners, Inc.
Xxxxx Global Investments, Ltd.
Xxxxx Overseas Technology Venture Fund, LDC
Remington Investments Strategies, X.X.
Xxxxx Technology Venture Fund, LLC
Xxxxx Technology Venture Fund II L.P.
Southeastern Technology Fund
Boston Millennia Partners Limited Partnership
Boston Millennia Associates I Partnership
Toronto Dominion Capital (U.S.A.), Inc.
Newcourt Commercial Finance Corporation
BancAmerica Capital Investors SBIC I, L.P.
CIBC WMC Inc.
Nortel Networks Inc.
Wachovia Capital Investments, Inc.
Xxxxx XxXxxxxxx
Xxxxxxx Xxxx
Xxxxxxx Xxxxx
Xxxxxx Xxxxx
Xxxxxxxx X. Xxxxxxx, III
Xxxxx Xxxx
Xxxx X. Xxxx Trustee for Xxxxxx X. Xxxxxxxx
Xxxxx Xxxxxx
XxXxx Xxxxxxxx
G. Xxxxxxx Xxxxxxx
Xxxxx X. Xxxxxx SSB XXX Rollover
27
Schedule I
HOLDERS
Xxxxxx X. Xxxxxx
Xxxxxxx X. Xxxxxx
Xxxxxxx X. Xxxxxx
Xxxxxxx X. Xxxxxx
Xxxxxx X. Xxxxxxxx
Xxxxxx X. Xxxxxxxxx
Seruus Ventures, LLC
Seruus Telecom Fund, X.X.
Xxxxxxxx E. Xxxxxxx
Xxxxx Xxxxxx
Xxxxxx Xxxxxxxx
28
Schedule II
EXISTING INVESTORS
RICHLAND VENTURES II, L.P.
RICHLAND VENTURES III, L.P.
FIRST UNION CAPITAL PARTNERS, INC.
XXXXX GLOBAL INVESTMENTS, LTD.
REMINGTON INVESTMENTS STRATEGIES, L.P.
BOSTON MILLENNIA PARTNERS LIMITED PARTNERSHIP
BOSTON MILLENNIA ASSOCIATES I PARTNERSHIP
CITIZENS CAPITAL INCORPORATED
SOUTHEASTERN TECHNOLOGY FUND
Xxxxxxx X. Xxxxxx
SERUUS TELECOM FUND, L.P.
Xxxx X. Xxxxxxx
Xxxx X. Xxxxx, Xx.
XXXXX XXXXXXX PROFIT SHARING PLAN FUND II
WILLOU & CO.
XXXXXX CHARITABLE REMAINDER UNITRUST
VFO PARTNERS, LTD.
TORONTO DOMINION CAPITAL (U.S.A.), INC.
NEWCOURT COMMERCIAL FINANCE CORPORATION,
an affiliate of The CIT Group, Inc.
BANCAMERICA CAPITAL INVESTORS SBIC I, L.P.
CAPITAL INSIGHTS GROWTH INVESTORS, L.P.
Xxxxx X. Xxxxxxxxxx, Xx.
Xxxxx X. Xxxxx
Xxxxxxx Xxxxxxx
Xxxxxx X. Xxxxxxxx
Xxxxx Xxxxxx
29
Schedule III
NEW INVESTORS
Xxxx Xxxx Xxxxxxx
Xxxxxx X. Xxxxxx
Xxxxx Xxxxxx Xxxxxxxx Management Trust
The Xxxxxxxx 1998 Children's Trust
Xxxxxxx X. Xxxx
Xxxx Xxxx Xxxxxx
Xxxxx X. Xxxxxxxx
Xxxxxxx Xxx Xxxxxxxxx
XXXXX TECHNOLOGY VENTURE FUND II L.P.
CIBC WMC INC.
NORTEL NETWORKS INC.
WACHOVIA CAPITAL INVESTMENTS, INC.
Xxxxx XxXxxxxxx
Xxxxxxx Xxxx
Xxxxxxx Xxxxx
Xxxxxx Xxxxx
Xxxxxxxx X. Xxxxxxx, III
Xxxxx Xxxx
Xxxx X. Xxxx Trustee for Xxxxxx X. Xxxxxxxx
Xxxxx Xxxxxx
XxXxx Xxxxxxxx
G. Xxxxxxx Xxxxxxx
Xxxxx X. Xxxxxx SSB XXX Rollover
