SECURITIES PURCHASE AGREEMENT
Exhibit A
THIS SECURITIES PURCHASE AGREEMENT (the “Agreement”), dated as of February 6, 2009, is
made by and among Paperboy Ventures LLC, a Delaware limited liability company (“Seller”),
and the purchasers listed on Exhibit A hereto (each a “Buyer” and, collectively,
the “Buyers”).
RECITAL
WHEREAS, Seller desires to sell to the Buyers and the Buyers desire to purchase from Seller,
on the terms and conditions set forth in this Agreement, all of the Shares and Warrants of the
Company set forth on Exhibit A hereto.
NOW, THEREFORE, in consideration of the mutual covenants and conditions hereinafter set forth
and for other good and valuable consideration, the receipt and sufficiency of which are hereby
acknowledged, the Parties agree as follows:
AGREEMENT
SECTION 1 Defined Terms. As used herein, the following terms shall have the following meanings:
“Affiliate” of another Person shall mean any Person directly or indirectly
controlling, controlled by, or under common control with, such other Person.
“Agreement” shall have the meaning assigned to it in the introductory paragraph.
“Buyers” shall have the meaning assigned to it in the introductory paragraph.
“Closing Date” shall have the meaning assigned to it in Section 3 hereof.
“Company” shall mean Corcept Therapeutics Incorporated, a Delaware corporation.
“Consideration” shall have the meaning assigned to it in Section 2(b) hereof.
“Lien” shall mean any mortgage or deed of trust, pledge, hypothecation, assignment,
deposit arrangement, lien, charge, claim, restriction, purchase option, right of first refusal,
title exception or defect in title, security interest, easement or encumbrance, or preference,
priority or other security agreement or preferential arrangement of any kind or nature whatsoever
(including any lease or title retention agreement, any financing lease having substantially the
same economic effect as any of the foregoing, and the filing of, or agreement to give, any
financing statement perfecting a security interest under the UCC or comparable law of any
jurisdiction).
“Lien Release Agreement” shall have the meaning assigned to it in Section 2(c) hereof.
“Longitude” shall have the meaning assigned to it in Section 7(c) hereof.
“Other Buyers” shall mean, collectively, the purchasers listed on Exhibit B
hereto.
“Other Sales” shall mean, collectively, the sale by Seller to each Other Buyer the
applicable shares of common stock of the Company and warrants to purchase additional shares of
common stock of the Company set forth on Exhibit B hereto.
“Parties” shall mean the Buyers and Seller, and “Party” shall refer to each of
them.
“Person” shall mean natural persons, corporations, limited liability companies,
limited partnerships, general partnerships, limited liability partnerships, joint ventures, trusts,
land trusts, business trusts, or other organizations, irrespective of whether they are legal
entities, and governments and agencies and political subdivisions thereof.
“Registered Entity” shall mean an organization registered under any state or federal
law.
“Sales” shall have the meaning assigned to it in Section 2(a) hereof.
“Seller” shall have the meaning assigned to it in the introductory paragraph.
“Shares” shall have the meaning assigned to it in Section 2(a) hereof.
“Transfer Agent” shall mean Continental Stock Transfer and Trust Company.
“Warrants” shall have the meaning assigned to it in Section 2(a) hereof.
SECTION 2 Sale of Shares and Warrants.
(a) Upon the terms and subject to the conditions set forth in this Agreement, at the Closing,
Seller shall sell to each Buyer the applicable shares of common stock of the Company (collectively,
the “Shares”) and warrants to purchase additional shares of common stock of the Company
(collectively, the “Warrants”) set forth on Exhibit A hereto (such sales of Shares
and Warrants, collectively, the “Sales”).
(b) In consideration of the sale of the applicable Shares and Warrants, each Buyer shall, at
the Closing, pay to the Company in cash denominated in United States Dollars the applicable amounts
set forth on Exhibit A hereto (collectively, the “Consideration”).
(c) At the Closing, Seller shall cause (i) the certificates representing the Shares to be
delivered to the Transfer Agent with instructions (prepared in conjunction with the Company) for
the Transfer Agent to issue certificates representing new shares with duly executed powers of
assignment to the applicable Buyers in the amounts set forth on Exhibit A hereto, and (ii)
the
Company to issue new warrants with duly executed powers of assignment to the applicable Buyers
in the amounts set forth on Exhibit A, each pursuant to the terms of the Lien Release
Agreement between Seller and the Company, dated as of February 5, 2009 (the “Lien Release
Agreement”).
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SECTION 3 Closing. The consummation of the transactions contemplated by this Agreement (the
“Closing”) shall take place on the date on which the following conditions have been
satisfied (the “Closing Date”):
(a) all Buyers shall pay to the Company the Consideration, which shall happen on the same day,
for further distribution in accordance with the Lien Release Agreement;
(b) the Other Sales shall occur simultaneously with the Sales; and
(c) all representations and warranties of the Parties contained in this Agreement shall be
true and correct in all respects.
SECTION 4 Representations and Warranties of Seller. Seller represents and warrants to the Buyers
that the statements contained in this Section 4 are correct and not materially misleading as of the
Closing Date:
(a) Seller is a duly-organized and validly existing limited liability company under the laws
of the State of Delaware and is in good standing.
(b) The execution, delivery and performance of this Agreement are within Seller’s powers, have
been duly authorized and are not in contravention of law, the terms of Seller’s governing or
charter documents or any indenture, agreement or undertaking to which Seller is a party or by which
it is bound.
(c) As of the Closing Date, Seller is the owner of the Shares and Warrants free from any
adverse interest, Lien, security interest or encumbrance granted by any agreement of Seller or by
operation of law.
(d) All information furnished by Seller to the Buyers concerning any of the Shares, Warrants
or otherwise, is or will be, at the time the same is furnished, accurate and correct in all
material respects and complete in so far as completeness may be necessary to give the Buyers true
and accurate knowledge of the subject matter.
(e) No further notice, material order, permission, consent, approval, license, authorization,
registration or filing by or with any third party or government agency having jurisdiction over
Seller is required to be given, obtained or made by Seller for the execution, delivery or
performance by Seller of this Agreement.
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SECTION 5 Representations and Warranties of the Buyers. Each Buyer, severally and not jointly,
hereby represents and warrants to Seller that the statements contained in this Section 5 are
correct and not materially misleading as of the Closing Date:
(a) If such Buyer is a Registered Entity, the execution, delivery and performance of this
Agreement are within such Buyer’s powers, have been duly authorized and are not in contravention of
law, the terms of such Buyer’s governing or charter documents or any indenture, agreement or
undertaking to which such Buyer is a party or by which it is bound.
(b) No further notice, material order, permission, consent, approval, license, authorization,
registration or filing by or with any third party or government agency having jurisdiction over
such Buyer is required to be given, obtained or made by such Buyer for the execution, delivery or
performance by such Buyer of this Agreement.
SECTION 6 Post-Closing Covenants. The Parties agree as follows with respect to the period
following the Closing: in case at any time after the Closing any further action is desirable to
carry out the purposes of this Agreement, each of the Parties will take such further action
(including the execution and delivery of such further instruments and documents) as any other Party
may reasonably request. Reasonable third-party costs incurred as a result of this provision shall
be borne by the requesting Party.
SECTION 7 Payment of Fees and Expenses.
(a) The Parties shall each bear their own costs and expenses incurred in connection with the
transactions contemplated in this Agreement including, without limitation, the fees and expenses of
their counsel and accountants.
(b) With respect to any dispute arising from this Agreement, the fees and expenses (including
reasonable legal fees and expenses) of the prevailing Party related thereto shall be paid by the
non-prevailing Party.
(c) Notwithstanding the foregoing, Seller shall pay $10,000 in cash to Longitude Venture
Partners, L.P. (“Longitude”) to reimburse Longitude for all expenses it has incurred in
connection with this Agreement and the transactions contemplated hereby, including reasonable legal
fees, within 10 days after the later to occur of: (i) the Closing Date, and (ii) Longitude
providing to Seller invoices relating to such expenses.
SECTION 8 Choice of Law; Forum Selection; Waiver of Jury Trial.
(a) This Agreement shall be governed by, and shall be construed and enforced in accordance
with, the laws of the State of California without regard to the application of its conflict of laws
rules.
(b) Each Party hereby consents and agrees that the state or federal courts located in
California shall have exclusive jurisdiction to hear and determine any claims or disputes between
the Parties pertaining to this Agreement or to any matter arising out of or relating to this
Agreement; provided, that the Parties acknowledge that any appeals from those courts may
have to be heard by a court located outside of California. Each Party expressly submits and
consents
in advance to such jurisdiction in any action or suit commenced in any such court, and each
Party hereby waives any objection which such Party may have based upon lack of personal
jurisdiction, improper venue or forum non conveniens and hereby consents to
the granting of such legal or equitable relief as is deemed appropriate by such court.
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(c) The Parties hereto waive all right to trial by jury in any action, suit, or proceeding
brought to resolve any dispute, whether sounding in contract, tort or otherwise, among the Parties
arising out of, connected with, related to, or incidental to the relationship established among
them in connection with, this Agreement or the transactions related hereto.
SECTION 9 Miscellaneous.
(a) This Agreement constitutes the entire agreement of the Parties hereto with respect to the
subject matter hereof and supersede all previous and contemporaneous oral or written negotiations,
agreements, arrangements and understandings relating to the subject matter hereof.
(b) This Agreement shall not be amended, supplemented or modified except by an instrument in
writing signed and delivered by the authorized representatives of each of the Parties hereto.
(c) The representations, warranties, agreements and covenants of the Parties set forth in this
Agreement shall survive the Closing Date.
(d) This Agreement may be executed in any number of counterparts, and by each of the
undersigned on separate counterparts, and each such counterpart shall be deemed to be an original,
but all such counterparts put together shall constitute but one and the same Agreement.
(e) This Agreement shall be binding upon and shall inure to the benefit of the Parties hereto
and their respective successors and permitted assigns, if any.
(f) The headings preceding the text of exhibits, schedules and sections of this Agreement are
provided for convenience and reference only and should not be used in construing this Agreement.
(g) Except as otherwise set forth herein, no remedy set forth in this Agreement or otherwise
conferred upon or reserved to any Party shall be considered exclusive of any other remedy available
hereunder, at law or in equity to any Party, but the same shall be distinct, separate and
cumulative and may be exercised from time to time as often as occasion may arise or as may be
deemed expedient.
(h) If any provision of this Agreement is or becomes invalid, illegal or unenforceable in any
respect, it shall be ineffective to the extent of such invalidity, illegality or unenforceability,
and the validity, legality and enforceability of the remaining provisions contained herein shall
not be affected thereby.
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(i) No Party hereto shall make any public disclosure of the specific terms of this Agreement
or other Closing Documents, except as required by law or regulation. In connection with the
negotiation of this Agreement and the preparation for the consummation of the
transactions contemplated hereby, each Party acknowledges that it will have access to
confidential information relating to the other Parties. Each Party shall treat such information as
confidential, preserve the confidentiality thereof and not duplicate or use such information,
except to advisors, consultants and Affiliates in connection with the transactions contemplated
hereby, and except as required to comply with any law or regulation, or any provision of this
Agreement.
(j) All notices, requests, demands and other communications which are required or may be given
under this Agreement shall be in writing and shall be deemed to have been duly given when received
if personally delivered; when transmitted if transmitted by telecopy, electronic or digital
transmission method; the day after it is sent, if sent for next day delivery to a domestic address
by recognized overnight delivery service (e.g., Federal Express); and upon receipt, if sent by
certified or registered mail, return receipt requested. In each case notice shall be sent to:
If to Seller: | Paperboy Ventures LLC | |||
0000 X Xxxxxx, Xxxxx 000 | ||||
Xxxxxxxxxx X.X. 00000 | ||||
Tel: (000) 000-0000 | ||||
Fax: (000) 000-0000 | ||||
Email: xxx@xxxxxxxxxxxxxxxx.xxx | ||||
If to the Buyers: | The applicable address set forth for each Buyer on the signature page to this Agreement. |
or to such other place and with such other copies as any Party may designate as to itself by
written notice to the others.
[Signature Pages Follow]
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IN WITNESS WHEREOF, the Parties hereto or the authorized representatives of the Parties hereto
have executed and delivered this Agreement as of the date first above written.
THE BUYERS: | ||||||||
LONGITUDE VENTURE PARTNERS, LP | ||||||||
By: Longitude Capital Partners, LLC, its General Partner | ||||||||
By: | /s/ Xxxxxxx Xxxxxxx | |||||||
Name: | Xxxxxxx Xxxxxxx | |||||||
Title: | Managing Member | |||||||
Address: | 000 Xx Xxxxxx, Xxxxx Xxxx, XX 00000 | |||||||
LONGITUDE CAPITAL ASSOCIATES, LP | ||||||||
By: Longitude Capital partners, LLC, its General Partner | ||||||||
By: | /s/ Xxxxxxx Xxxxxxx | |||||||
Name: | Xxxxxxx Xxxxxxx | |||||||
Title: | Managing Member | |||||||
Address: | 000 Xx Xxxxxx, Xxxxx Xxxx, XX 00000 |
XXXXXX XXXX VENTURES, | ||||||||
A CALIFORNIA LIMITED PARTNERSHIP | ||||||||
By: | /s/ Xxxxx Xxxx | |||||||
Name: | Xxxxx Xxxx | |||||||
Title: | Managing Director of the General Partner | |||||||
Address: | 000 Xxxx Xxxx | |||||||
Xxxxx X 000 | ||||||||
Xxxx Xxxx, XX 00000 | ||||||||
XXXXX X. XXXXXXXX, TRUSTEE OF | ||||||||
THE XXXXXXXX LIVING TRUST U/A/D 1/22/98 | ||||||||
By: | /s/ Xxxxxx Xxx, By Xxxxxx Xxx Under Power of Attorney | |||||||
Name: | Xxxxx X. Xxxxxxxx | |||||||
Title: | Trustee | |||||||
Address: | 000 Xxxx Xxxx | |||||||
Xxxxx X 000 | ||||||||
Xxxx Xxxx, XX 00000 | ||||||||
ANVEST, L.P. | ||||||||
By: | /s/ Xxxxxx Xxx, By Xxxxxx Xxx Under Power of Attorney | |||||||
Name: | Xxxxx X. Xxxxxxxx | |||||||
Title: | Trustee | |||||||
Address: | 000 Xxxx Xxxx | |||||||
Xxxxx X 000 | ||||||||
Xxxx Xxxx, XX 00000 | ||||||||
G. XXXXXXX XXXXX, XX. AND XXXX XXXX XXXXX, | ||||||||
CO-TRUSTEES OF THE XXXXX REVOCABLE TRUST U/A/D 2/3/03 | ||||||||
By: | /s/ Xxxxxx Xxx, By Xxxxxx Xxx Under Power of Attorney | |||||||
Name: | G. Xxxxxxx Xxxxx, Xx. | |||||||
Title: | Trustee | |||||||
Address: | 000 Xxxx Xxxx | |||||||
Xxxxx X 000 | ||||||||
Xxxx Xxxx, XX 00000 |
XXXXXXXX HOLDINGS, L.P. | ||||||||
By: | /s/ Xxxxxx Xxx, By Xxxxxx Xxx Under Power of Attorney | |||||||
Name: | G. Xxxxxxx Xxxxx, Xx. | |||||||
Title: | General Partner | |||||||
Address: | 000 Xxxx Xxxx | |||||||
Xxxxx X 000 | ||||||||
Xxxx Xxxx, XX 00000 | ||||||||
YOVEST, L.P. | ||||||||
By: | /s/ Xxxxxx Xxx, By Xxxxxx Xxx Under Power of Attorney | |||||||
Name: | Xxxxxxx X. Xxxxxxx, Xx. | |||||||
Title: | Trustee of The Younger Living Trust U/A/D | |||||||
1/20/95, General Partner | ||||||||
Address: | 000 Xxxx Xxxx | |||||||
Xxxxx X 000 | ||||||||
Xxxx Xxxx, XX 00000 | ||||||||
XXXXXXX X. XXXXX AND XXXXX X.X. XXXXX AS TRUSTEES OF | ||||||||
XXXXXXX X. AND XXXXX X.X. XXXXX TRUST AGREEMENT DATED 2/24/99 | ||||||||
By: | /s/ Xxxxxx Xxx, By Xxxxxx Xxx Under Power of Attorney | |||||||
Name: | Xxxxxxx X. Xxxxx | |||||||
Title: | Trustee | |||||||
Address: | 000 Xxxx Xxxx | |||||||
Xxxxx X 000 | ||||||||
Xxxx Xxxx, XX 00000 | ||||||||
TALLACK PARTNERS, L.P. | ||||||||
By: | /s/ Xxxxxx Xxx, By Xxxxxx Xxx Under Power of Attorney | |||||||
Name: | Xxxxx X. Xxxxxxx | |||||||
Title: | General Partner | |||||||
Address: | 000 Xxxx Xxxx | |||||||
Xxxxx X 000 | ||||||||
Xxxx Xxxx, XX 00000 |
XXXXXXX X. XXXX AND XXXXXXXXX X. XXXX AS TRUSTEES OF | ||||||||
XXXXXXX X. AND XXXXXXXXX X. XXXX TRUST AGREEMENT DATED 10/31/00 | ||||||||
By: | /s/ Xxxxxx Xxx, By Xxxxxx Xxx Under Power of Attorney | |||||||
Name: | Xxxxxxx X. Xxxx | |||||||
Title: | Trustee | |||||||
Address: | 000 Xxxx Xxxx | |||||||
Xxxxx X 000 | ||||||||
Xxxx Xxxx, XX 00000 | ||||||||
XXXXXX X. XXXXXXX AND XXXXXX X. XXXXXXX AS | ||||||||
TRUSTEES OF XXXXXXX 2003 TRUST | ||||||||
By: | /s/ Xxxxxx Xxx, By Xxxxxx Xxx Under Power of Attorney | |||||||
Name: | Xxxxxx X. Xxxxxxx | |||||||
Title: | Trustee | |||||||
Address: | 000 Xxxx Xxxx | |||||||
Xxxxx X 000 | ||||||||
Xxxx Xxxx, XX 00000 | ||||||||
XXXXX X. XXXXX AND XXXXX X. XXXXX AS TRUSTEES OF THE | ||||||||
XXXXX AND XXXXX XXXXX LIVING TRUST DATED 7/6/04 | ||||||||
By: | /s/ Xxxxxx Xxx, By Xxxxxx Xxx Under Power of Attorney | |||||||
Name: | Xxxxx X. Xxxxx | |||||||
Title: | Trustee | |||||||
Address: | 000 Xxxx Xxxx | |||||||
Xxxxx X 000 | ||||||||
Xxxx Xxxx, XX 00000 |
XXXXX FARGO BANK, N.A. FBO | ||||||||
SHV Profit Sharing Plan FBO Xxxxx Xxxx | ||||||||
By: | /s/ Xxxxx X. Xxxxxx | |||||||
Name: | Xxxxx X. Xxxxxx | |||||||
Title: | Assistant Vice President, Trust Officer | |||||||
Address: | Xxxxx Fargo Bank, N.A., Trustee | |||||||
Attention: Xxxxx Xxxxxx | ||||||||
000 Xxxxxxxxxx Xxxxxx, 00xx Xxxxx | ||||||||
XXX X0000-000 | ||||||||
Xxx Xxxxxxxxx, XX 00000 | ||||||||
Phone: (000) 000-0000 | ||||||||
Fax: (000) 000-0000 | ||||||||
Email: xxxxxx@xxxxxxxxxx.xxx | ||||||||
XXXXX FARGO BANK, N.A. FBO | ||||||||
SHV Profit Sharing Plan FBO Xxxxx X. Xxxxx | ||||||||
By: | /s/ Xxxxx X. Xxxxxx | |||||||
Name: | Xxxxx X. Xxxxxx | |||||||
Title: | Assistant Vice President, Trust Officer | |||||||
Address: | Xxxxx Fargo Bank, N.A., Trustee | |||||||
Attention: Xxxxx Xxxxxx | ||||||||
000 Xxxxxxxxxx Xxxxxx, 00xx Xxxxx | ||||||||
XXX X0000-000 | ||||||||
Xxx Xxxxxxxxx, XX 00000 | ||||||||
Phone: (000) 000-0000 | ||||||||
Fax: (000) 000-0000 | ||||||||
Email: xxxxxx@xxxxxxxxxx.xxx |
XXXXX FARGO BANK, N.A. FBO | ||||||||
SHV Profit Sharing Plan FBO Xxxxx X. Xxxx | ||||||||
By: | /s/ Xxxxx X. Xxxxxx | |||||||
Name: | Xxxxx X. Xxxxxx | |||||||
Title: | Assistant Vice President, Trust Officer | |||||||
Address: | Xxxxx Fargo Bank, N.A., Trustee | |||||||
Attention: Xxxxx Xxxxxx | ||||||||
000 Xxxxxxxxxx Xxxxxx, 00xx Xxxxx | ||||||||
XXX X0000-000 | ||||||||
Xxx Xxxxxxxxx, XX 00000 | ||||||||
Phone: (000) 000-0000 | ||||||||
Fax: (000) 000-0000 | ||||||||
Email: xxxxxx@xxxxxxxxxx.xxx | ||||||||
XXXXX FARGO BANK, N.A. FBO | ||||||||
SHV Profit Sharing Plan FBO Yu-Xxxx Xxxx (Rollover) | ||||||||
By: | /s/ Xxxxx X. Xxxxxx | |||||||
Name: | Xxxxx X. Xxxxxx | |||||||
Title: | Assistant Vice President, Trust Officer | |||||||
Address: | Xxxxx Fargo Bank, N.A., Trustee | |||||||
Attention: Xxxxx Xxxxxx | ||||||||
000 Xxxxxxxxxx Xxxxxx, 00xx Xxxxx | ||||||||
XXX X0000-000 | ||||||||
Xxx Xxxxxxxxx, XX 00000 | ||||||||
Phone: (000) 000-0000 | ||||||||
Fax: (000) 000-0000 | ||||||||
Email: xxxxxx@xxxxxxxxxx.xxx |
XXXXX FARGO BANK, N.A. FBO | ||||||||
SHV Profit Sharing Plan FBO Xxxxxxxx Xxx (Post) | ||||||||
By: | /s/ Xxxxx X. Xxxxxx | |||||||
Name: | Xxxxx X. Xxxxxx | |||||||
Title: | Assistant Vice President, Trust Officer | |||||||
Address: | Xxxxx Fargo Bank, N.A., Trustee | |||||||
Attention: Xxxxx Xxxxxx | ||||||||
000 Xxxxxxxxxx Xxxxxx, 00xx Xxxxx | ||||||||
XXX X0000-000 | ||||||||
Xxx Xxxxxxxxx, XX 00000 | ||||||||
Phone: (000) 000-0000 | ||||||||
Fax: (000) 000-0000 | ||||||||
Email: xxxxxx@xxxxxxxxxx.xxx | ||||||||
XXXXX FARGO BANK, N.A. FBO | ||||||||
SHV Profit Sharing Plan FBO Xxxxxx Xxx | ||||||||
By: | /s/ Xxxxx X. Xxxxxx | |||||||
Name: | Xxxxx X. Xxxxxx | |||||||
Title: | Assistant Vice President, Trust Officer | |||||||
Address: | Xxxxx Fargo Bank, N.A., Trustee | |||||||
Attention: Xxxxx Xxxxxx | ||||||||
000 Xxxxxxxxxx Xxxxxx, 00xx Xxxxx | ||||||||
XXX X0000-000 | ||||||||
Xxx Xxxxxxxxx, XX 00000 | ||||||||
Phone: (000) 000-0000 | ||||||||
Fax: (000) 000-0000 | ||||||||
Email: xxxxxx@xxxxxxxxxx.xxx |
PAPERBOY VENTURES LLC | ||||||||
By: | /s/ Xxxxxxx X. Xxxxxxx | |||||||
Name: | Xxxxxxx X. Xxxxxxx | |||||||
Title: | CFO |
EXHIBIT A
Total | Consideration | Number | Consideration | Number of | ||||||||||||||||
Buyer | Consideration | for Shares | of Shares | for Warrants | Warrants | |||||||||||||||
Longitude Venture
Partners, LP |
$ | 3,186,137.50 | $ | 3,125,333.11 | 4,551,625 | $ | 60,804.39 | 486,443 | ||||||||||||
Longitude Capital
Associates, LP |
$ | 63,862.50 | $ | 62,643.65 | 91,232 | $ | 1,218.85 | 9,750 | ||||||||||||
Xxxxxx Hill Ventures,
a California limited
partnership |
$ | 351,337.00 | $ | 344,632.07 | 501,910 | $ | 6,704.93 | 53,640 | ||||||||||||
Xxxxx X. Xxxxxxxx,
Trustee of the
Xxxxxxxx Living Trust
U/A/D 1/22/98 |
$ | 40,700.80 | $ | 39,924.06 | 58,144 | $ | 776.74 | 6,213 | ||||||||||||
Anvest, L.P. |
$ | 40,700.80 | $ | 39,924.06 | 58,144 | $ | 776.74 | 6,213 | ||||||||||||
G. Xxxxxxx Xxxxx, Xx.
and Xxxx Xxxx Xxxxx,
Co-Trustees of the
Xxxxx Revocable Trust
U/A/D 2/3/03 |
$ | 399,998.20 | $ | 392,364.63 | 571,426 | $ | 7,633.57 | 61,069 | ||||||||||||
Xxxxxxxx Holdings, L.P. |
$ | 100,002.00 | $ | 98,093.56 | 142,860 | $ | 1,908.44 | 15,267 | ||||||||||||
Yovest, L.P. |
$ | 86,368.80 | $ | 84,720.53 | 123,384 | $ | 1,648.27 | 13,186 | ||||||||||||
Xxxxxxx X. Xxxxx and
Xxxxx X.X. Xxxxx as
Trustees of Xxxxxxx X.
and Xxxxx X.X. Xxxxx
Trust Agreement Dated
2/24/99 |
$ | 13,909.00 | $ | 13,643.56 | 19,870 | $ | 265.44 | 2,123 | ||||||||||||
Tallack Partners, L.P. |
$ | 13,624.80 | $ | 13,364.78 | 19,464 | $ | 260.02 | 2,080 | ||||||||||||
Xxxxxxx X. Xxxx and
Xxxxxxxxx X. Xxxx as
Trustees of Xxxxxxx X.
and Xxxxxxxxx X. Xxxx
Trust Agreement Dated
10/31/00 |
$ | 12,030.90 | $ | 11,801.30 | 17,187 | $ | 229.60 | 1,836 | ||||||||||||
Xxxxxx X. Xxxxxxx and
Xxxxxx X. Xxxxxxx as
Trustees of Xxxxxxx
2003 Trust |
$ | 10,709.30 | $ | 10,504.92 | 15,299 | $ | 204.38 | 1,635 | ||||||||||||
Xxxxx X. Xxxxx and
Xxxxx X. Xxxxx as
Trustees of the Xxxxx
and Xxxxx Xxxxx Living
Trust Dated 7/6/04 |
$ | 4,769.10 | $ | 4,678.09 | 6,813 | $ | 91.01 | 728 | ||||||||||||
Xxxxx Fargo Bank, N.A.
FBO SHV Profit Sharing
Plan FBO Xxxxx Xxxx |
$ | 110,298.30 | $ | 108,193.36 | 157,569 | $ | 2,104.94 | 16,839 |
A-1
Total | Consideration | Number | Consideration | Number of | ||||||||||||||||
Buyer | Consideration | for Shares | of Shares | for Warrants | Warrants | |||||||||||||||
Xxxxx Fargo Bank, N.A.
FBO SHV Profit Sharing
Plan FBO Xxxxx X.
Xxxxx |
$ | 13,360.20 | $ | 13,105.23 | 19,086 | $ | 254.97 | 2,039 | ||||||||||||
Xxxxx Fargo Bank, N.A.
FBO SHV Profit Sharing
Plan FBO Xxxxx X. Xxxx |
$ | 350.00 | $ | 343.32 | 500 | $ | 6.68 | 53 | ||||||||||||
Xxxxx Fargo Bank, N.A.
FBO SHV Profit Sharing
Plan FBO Yu-Xxxx Xxxx
(Rollover) |
$ | 350.00 | $ | 343.32 | 500 | $ | 6.68 | 53 | ||||||||||||
Xxxxx Fargo Bank, N.A.
FBO SHV Profit Sharing
Plan FBO Xxxxxxxx Xxx
(Post) |
$ | 1,316.00 | $ | 1,290.89 | 1,880 | $ | 25.11 | 200 | ||||||||||||
Xxxxx Fargo Bank, N.A.
FBO SHV Profit Sharing
Plan FBO Xxxxxx Xxx |
$ | 175.00 | $ | 171.66 | 250 | $ | 3.34 | 26 | ||||||||||||
Total |
$ | 4,450,000.20 | $ | 4,365,076.10 | 6,357,143 | $ | 84,924.100 | 679,393 | ||||||||||||
A-2
EXHIBIT B
Total | Consideration | Number of | Consideration | Number of | ||||||||||||||||
Other Buyer | Consideration | for Shares | Shares | for Warrants | Warrants | |||||||||||||||
Xxxxxx X. Xxxxxxxx |
$ | 800,000.00 | $ | 784,732.67 | 1,142,857 | $ | 15,267.33 | 122,140 | ||||||||||||
Pelmea LP |
$ | 200,000.00 | $ | 196,182.99 | 285,714 | $ | 3,817.01 | 30,534 | ||||||||||||
Xxxxxx X. Xxxx, Xx.
and Xxxxxx Xxxx
Tenants in Common |
$ | 206,780.00 | $ | 202,833.80 | 295,400 | $ | 3,946.20 | 31,570 | ||||||||||||
Farview Management,
L.P. |
$ | 94,333.40 | $ | 92,533.14 | 134,762 | $ | 1,800.26 | 14,402 | ||||||||||||
Xxxxxx X. Xxxx, Xx.
XXX Rollover |
$ | 168,000.00 | $ | 164,793.88 | 240,000 | $ | 3,206.12 | 25,649 | ||||||||||||
The Xxxxxx X. Xxxx
& Xxxxxx X. Xxxx,
Xx. Foundation,
Inc. |
$ | 91,667.10 | $ | 89,917.72 | 130,953 | $ | 1,749.38 | 13,995 | ||||||||||||
Xxxxxx X. Xxxxxxxxx
and Xxxxxxxxx X.
Xxxxxxxxx, JTWROS |
$ | 24,500.00 | $ | 24,032.44 | 35,000 | $ | 467.56 | 3,740 | ||||||||||||
Xxxxxx X. Xxxx, III
and Xxxxxx X. Xxxx,
Tenants in Common |
$ | 28,910.00 | $ | 28,358.28 | 41,300 | $ | 551.72 | 4,413 | ||||||||||||
Xxxxxx X. Xxxx, III
XXX Rollover |
$ | 21,000.00 | $ | 20,599.24 | 30,000 | $ | 400.76 | 3,206 | ||||||||||||
Xxxxxx X. Xxxxxx |
$ | 225,000.00 | $ | 220,705.70 | 321,428 | $ | 4,294.30 | 34,351 | ||||||||||||
The Xxxxx X Xxxxxxx
and Xxxxxxxxx X
Xxxxx 1998 Family
Trust |
$ | 200,000.00 | $ | 196,182.99 | 285,714 | $ | 3,817.01 | 30,534 | ||||||||||||
Xxxxxx X. Xxxxxx |
$ | 130,000.00 | $ | 127,518.88 | 185,714 | $ | 2,481.12 | 19,847 | ||||||||||||
Xxxxxxxxx X. Xxxxxx |
$ | 100,000.00 | $ | 98,091.50 | 142,857 | $ | 1,908.50 | 15,267 | ||||||||||||
Xxxxxx X. Xxxxxx
Revocable Trust |
$ | 70,000.00 | $ | 68,664.12 | 100,000 | $ | 1,335.88 | 10,687 | ||||||||||||
Xxxxxxx and Xxxxx
Xxxxxx Revocable
Trust |
$ | 70,000.00 | $ | 68,664.12 | 100,000 | $ | 1,335.88 | 10,687 | ||||||||||||
Xxx X. Xxxxxx |
$ | 57,000.00 | $ | 55,911.82 | 81,428 | $ | 1,088.18 | 8,702 | ||||||||||||
Total |
$ | 2,487,190.50 | $ | 2,439,723.29 | 3,553,127 | $ | 47,467.21 | 379,724 | ||||||||||||
B-1