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ASSIGNMENT AND ASSUMPTION AGREEMENT
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By the execution of this Assignment and Assumption Agreement, Xxxxxx
Xxxxxxx Xxxx Xxxxxx Equity Funding, Inc. ("Transferor") and the Originators
Investment Plan, L.P. ("Transferee") agree as follows:
(a) ACKNOWLEDGEMENT. Transferee acknowledges that Transferee is
acquiring certain shares of Series A Convertible Preferred Stock (the
"Transferred Shares") of Symix Systems, Inc. (the "Company") from Transferor,
subject to the terms and conditions of certain agreements entered into by the
Transferor as an investor in the Company (the "Agreements").
(b) AGREEMENTS. Transferee agrees that by reason of its acquisition of
the Transferred Shares, it shall be bound by and subject to the terms of the
Agreements, with the same force and effects as if it were originally a party to
the Agreements.
(c) RIGHTS. Transferor agrees that all rights which Transferor enjoys
by reason of its ownership of the Transferred Shares, including but not limited
to those arising under the Agreements, shall be transferred to Transferee.
(d) REGISTER. The parties hereto agree that Transferor's name shall
remain on the Company's register until such time as the Company or its agents
may enter Transferee's name thereon.
(e) NOTICE. Any notice required or permitted by the Agreements shall be
given to Transferee at the address listed beneath Transferee's signature below.
EXECUTED AND DATED this 24th day of November, 2000.
TRANSFEROR TRANSFEREE
XXXXXX XXXXXXX XXXX ORIGINATORS INVESTMENT
XXXXXX EQUITY FUNDING INC. PLAN, L.P.
By: /s/ Xxxxxx Xxxxxxx By: /s/ Xxxxxxx Xxxxxxx
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Name and Title Name and Tile
Vice President PG Investors III, Inc. vice president
Acting for and on behalf of the
Transferee
Address: 0000 Xxxxxxxx Address: 0000 Xxxxxxxx
Xxx Xxxx, Xxx Xxxx 00000 Xxx Xxxx, Xxx Xxxx 00000
Accepted and Agreed:
SYMIX SYSTEMS, INC.
By: /s/ Xxxxxx X. Xxxxxxx
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Name: Xxxxxx X. Xxxxxxx
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Title: Vice President, Chief Financial Officer and Secretary
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