EXHIBIT 10.29
JOINDER TO AMENDED AND RESTATED INFORMATION AND REGISTRATION RIGHTS AGREEMENT
THIS JOINDER TO AMENDED AND RESTATED INFORMATION AND REGISTRATION
RIGHTS AGREEMENT (this "Joinder Agreement") is made as of this 18th day of
September, 2001 by and among Bentley Systems, Incorporated, a Delaware
corporation (the "Company"), Xxxxxxx Xxxxxx, Xxxxxxxxx Xxxxxx, Xxxxxxx X.
Xxxxxx, Xxxxxx Xxxxxxxxxx, Xxxxxxx Xxxxx and Xxxxxx Xxxxxxx (collectively, the
"Purchasers"). All initially capitalized terms used but not otherwise defined in
this Joinder Agreement shall have the meanings given to such terms in the
Registration Rights Agreement (as such term is hereinafter defined).
BACKGROUND
1. On December 26, 2000, the Company entered into the Amended and
Restated Information and Registration Rights Agreement (the "Registration Rights
Agreement") with the several purchasers named in Schedule 1 attached thereto
(the "Initial Purchasers"), Bachow Investment Partners III, L.P., a Delaware
limited partnership ("Bachow"), PNC Bank, National Association ("PNC") and
Citibank, N.A. ("Citibank") in respect of certain registration rights granted by
the Company.
2. On July 2, 2001, Argosy Investment Partners II, L.P. and Xxxxxxx X.
Xxxxxx (the "Second Round Purchasers") joined in the Registration Rights
Agreement in connection with their purchase of Class C Common Stock and Common
Stock Purchase Warrants to purchase shares of Class B Common Stock of the
Company.
3. On the date hereof, the Company and the Purchasers have executed a
Joinder and Amendment to Securities Purchase Agreement ("Joinder and Amendment
to Securities Purchase Agreement") in connection with the Purchasers' purchase
of an aggregate 35,000 shares of Class C Common Stock and Common Stock Purchase
Warrants to purchase an aggregate 485,333 shares of Class B Common Stock of the
Company. Accordingly, the Purchasers desire to join in the Registration Rights
Agreement in accordance with the terms hereof.
NOW THEREFORE, in consideration of the promises and the
agreements contained herein, the parties hereto, intending to be legally bound,
hereby agree as follows:
1.1 Joinder. In connection with the purchase by him of the
securities indicated on Schedule I attached to the Joinder and Amendment to
Securities Purchase Agreement, each of the Purchasers hereby acknowledges and
agrees that, effective as of the date hereof, he shall be added as a party to
the Registration Rights Agreement, as amended by the Amendment to Amended and
Restated Information and Registration Rights Agreement dated as of July 2, 2001,
and shall be bound by all provisions of the Registration Rights Agreement, as so
amended, to the same extent as each of the Initial Purchasers and the Second
Round Purchasers.
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1.2 Counterparts. This Joinder Agreement may be executed in
any number of counterparts, all of which taken together shall constitute one and
the same instrument, and any of the parties hereto may execute this Joinder
Agreement by signing any such counterpart.
[signature page follows]
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IN WITNESS WHEREOF, the parties hereto, intending to be legally bound,
have caused this Joinder Agreement to be executed as of the date first above
written.
COMPANY:
BENTLEY SYSTEMS, INCORPORATED
By: /s/ Xxxxx X. Nation
-----------------------------------------
Name: Xxxxx X. Nation
Title: Senior Vice President
PURCHASERS:
/s/ Xxxxxxx Xxxxxx
--------------------------------------------
Xxxxxxx Xxxxxx
/s/ Xxxxxxxxx Xxxxxx
--------------------------------------------
Xxxxxxxxx Xxxxxx
/s/ Xxxxxxx X. Xxxxxx
--------------------------------------------
Xxxxxxx X. Xxxxxx
/s/ Xxxxxx Xxxxxxxxxx
--------------------------------------------
Xxxxxx Xxxxxxxxxx
/s/ Xxxxxxx Xxxxx
--------------------------------------------
Xxxxxxx Xxxxx
/s/ Xxxxxx Xxxxxxx
--------------------------------------------
Xxxxxx Xxxxxxx
[Signature Page 1 of 1 to Joinder to Amended and Restated
Information and Registration Rights Agreement]
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JOINDER TO AMENDED AND RESTATED INFORMATION AND REGISTRATION RIGHTS AGREEMENT
THIS JOINDER TO AMENDED AND RESTATED INFORMATION AND REGISTRATION
RIGHTS AGREEMENT (this "Joinder Agreement") is made as of this 18th day of
September, 2001 by and among Bentley Systems, Incorporated, a Delaware
corporation (the "Company"), Xxxxxxx Xxxxxx and Xxxxxxxxx Xxxxxx (collectively,
the "Purchasers"). All initially capitalized terms used but not otherwise
defined in this Joinder Agreement shall have the meanings given to such terms in
the Registration Rights Agreement (as such term is hereinafter defined).
BACKGROUND
1. On December 26, 2000, the Company entered into the Amended and
Restated Information and Registration Rights Agreement (the "Registration Rights
Agreement") with the several purchasers named in Schedule 1 attached thereto
(the "Initial Purchasers"), Bachow Investment Partners III, L.P., a Delaware
limited partnership ("Bachow"), PNC Bank, National Association ("PNC") and
Citibank, N.A. ("Citibank") in respect of certain registration rights granted by
the Company.
2. On July 2, 2001, Argosy Investment Partners II, L.P. and Xxxxxxx X.
Xxxxxx (the "Second Round Purchasers") joined in the Registration Rights
Agreement in connection with their purchase of Class C Common Stock and Common
Stock Purchase Warrants to purchase shares of Class B Common Stock of the
Company.
3. On the date hereof (a) the Company is acquiring Geopak Corporation,
a Florida corporation ("Geopak"), through the merger of Geopak into a wholly
owned subsidiary of the Company (the "Merger"), (b) in partial consideration of
the Merger, the Company is issuing an aggregate 35,000 Class C Shares to the
stockholders of Geopak (the "Stockholders") including the Purchasers, and (c)
the Stockholders and the Company are entering into a Joinder to Registration
Rights Agreement with respect to such purchase and sale of the 35,000 Class C
Shares.
4. On the date hereof, the Company and the Purchasers are entering into
a Joinder to Securities Purchase Agreement ("Joinder to Securities Purchase
Agreement") in connection with the Purchasers' purchase of an additional
aggregate 5,000 Class C Shares. Accordingly, the Purchasers desire to join in
the Registration Rights Agreement in accordance with the terms hereof.
NOW THEREFORE, in consideration of the promises and the
agreements contained herein, the parties hereto, intending to be legally bound,
hereby agree as follows:
1.1 Joinder. In connection with the purchase by him of the
securities indicated on Schedule I attached to the Joinder to Securities
Purchase Agreement, each of the
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Purchasers hereby acknowledges and agrees that, effective as of the date hereof,
he shall be added as a party to the Registration Rights Agreement, as amended by
the Amendment to Amended and Restated Information and Registration Rights
Agreement dated as of July 2, 2001, and shall be bound by all provisions of the
Registration Rights Agreement, as so amended, to the same extent as each of the
Initial Purchasers, the Second Round Purchasers and the Stockholders.
1.2 Counterparts. This Joinder Agreement may be executed in
any number of counterparts, all of which taken together shall constitute one and
the same instrument, and any of the parties hereto may execute this Joinder
Agreement by signing any such counterpart.
[signature page follows]
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IN WITNESS WHEREOF, the parties hereto, intending to be legally bound,
have caused this Joinder Agreement to be executed as of the date first above
written.
COMPANY:
BENTLEY SYSTEMS, INCORPORATED
By: /s/ Xxxxx X. Nation
---------------------------------------
Name: Xxxxx X. Nation
Title: Senior Vice President
PURCHASERS:
/s/ Xxxxxxx Xxxxxx
------------------------------------------
Xxxxxxx Xxxxxx
/s/ Xxxxxxxxx Xxxxxx
------------------------------------------
Xxxxxxxxx Xxxxxx
[Signature Page 1 of 1 to Joinder to Amended and Restated
Information and Registration Rights Agreement]
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