1
EXHIBIT 10.6a
AMENDMENT TO
SECOND AMENDED AND RESTATED
FIRST REFUSAL AND CO-SALE AGREEMENT
THIS AMENDMENT TO THE SECOND AMENDED AND RESTATED FIRST REFUSAL AND
CO-SALE AGREEMENT (this "Amendment") is made as of the 27th day of September
2000 and amends that certain Second Amended and Restated First Refusal and
Co-Sale Agreement dated as of December 22, 1999 among the Company and the
Investors and Founders listed on Schedule A (the "Agreement").
WHEREAS, Section 6.4 of the Agreement provides that the Agreement may be
amended only with the written consent of (i) Founders holding a majority of the
Common Stock of the Company then held by all of the Founders, (ii) the Company
and (iii) Investors holding sixty percent (60%) of the of the Common Stock
issuable or issued upon conversion of the Preferred Stock of the Company then
held by all Investors; and
WHEREAS, the undersigned include (i) Founders holding a majority of the
Common Stock of the Company then held by all of the Founders, (ii) the Company
and (iii) Investors holding sixty percent (60%) of the of the Common Stock
issuable or issued upon conversion of the Preferred Stock of the Company then
held by all Investors; and
WHEREAS, under Section 6.1 of the Agreement, the Agreement terminates
immediately prior to the closing of a bona fide firm commitment underwritten
public offering of the Company's Common Stock, the public offering price of
which was not less than $7.60 per share (adjusted to reflect subsequent stock
dividends, stock splits or recapitalizations), and $30,000,000 gross proceed to
the Company (before deducting underwriters' discounts, commissions and
expenses); and
WHEREAS, the undersigned and the Company desire to amend Section 6.1 of
the Agreement to reduce the public offering price pursuant to which the
Agreement shall terminate;
NOW, THEREFORE, in consideration of the mutual promises and covenants set
forth herein, the parties hereto hereby amend the Agreement, effective as of the
date hereof, to amend Section 6.1 of the Agreement to replace "$7.60 (adjusted
to reflect subsequent stock dividends, stock splits and recapitalizations)" with
"$7.00 (without adjustment to reflect subsequent stock dividends, stock splits
and recapitalizations)."
2
IN WITNESS WHEREOF, the parties have executed this Agreement as of the
date first above written.
THE COMPANY:
WEBRIDGE, INC.
By: XXXX X. XXXXXXXX
------------------------------------------
Xxxx X. Xxxxxxxx
Chief Executive Officer
Address: 0000 X.X. XxxxxXxxx Xxxxxxx
Xxxxxxxxx, Xxxxxx 00000
INVESTORS:
MERITECH CAPITAL PARTNERS L.P.
By: Meritech Capital Associates L.L.C.
its General Partner
By: Meritech Management Associates L.L.C.
a managing member
By: XXXXXXX X. XXXXXX
------------------------------------------
Xxxxxxx X. Xxxxxx, a managing member
MERITECH CAPITAL AFFILIATES L.P.
By: Meritech Capital Associates L.L.C.
its General Partner
By: Meritech Management Associates L.L.C.
a managing member
By: XXXXXXX X. XXXXXX
------------------------------------------
Xxxxxxx X. Xxxxxx, a managing member
Signature Page to Webridge, Inc.
Amendment to Second Amended and Restated First Refusal and Co-Sale Agreement
2
3
Address: 00 Xxxxxxxxxxx Xxxx, Xxxxx 000
Xxxxx Xxxx, XX 00000
XXXXX XXXXX FUND V L.P.
By: SRB Associates V L.P.
Its General Partner
By: XXXX X. XXXXXXX
------------------------------------------
(signature)
Name: Xxxx X. Xxxxxxx
----------------------------------------
Title: General Partner
XXXXX XXXXX V AFFILIATES FUND L.P.
By: SRB Associates V L.P.
Its General Partner
By: XXXX X. XXXXXXX
------------------------------------------
(signature)
Name: Xxxx X. Xxxxxxx
----------------------------------------
Title: General Partner
XXXXX XXXXX XXXXXXX MANAGEMENT COMPANY
By: XXXX X. XXXXXXX
------------------------------------------
(signature)
Name: Xxxx X. Xxxxxxx
----------------------------------------
Title: Vice President
---------------------------------------
Address: c/o The Xxxxx Xxxxx Funds
00000 Xxxx Xxxx, Xxxxx 0000
Xxxxxx, Xxxxx 00000
Signature Page to Webridge, Inc.
Amendment to Second Amended and Restated First Refusal and Co-Sale Agreement
3
4
OLYMPIC VENTURE PARTNERS IV, L.P.
By: OVMC IV, L.L.C., General Partner
By: XXXXXX X. XXXXXXXX
------------------------------------------
(signature)
Name: Xxxxxx X. Xxxxxxxx
----------------------------------------
Title: Member
Address: 0000 Xxxxxxxx Xxxxx
Xxxxxxxx, Xxxxxxxxxx 00000
OVP IV ENTREPRENEURS FUND, L.P.
By: OVMC IV, L.L.C., General Partner
By: XXXXXX X. XXXXXXXX
------------------------------------------
(signature)
Name: Xxxxxx X. Xxxxxxxx
----------------------------------------
Title: Member
Address: 0000 Xxxxxxxx Xxxxx
Xxxxxxxx, Xxxxxxxxxx 00000
XXXXXXX FAMILY LLC
By: XXXXX XXXXXXX
------------------------------------------
Name: Xxxxx Xxxxxxx
----------------------------------------
Title: Member
---------------------------------------
Address: 000 Xxxxxxx Xxxxxx, 00xx Xxxxx
Xxx Xxxx, XX 00000
INDIVIDUAL INVESTOR:
XXXX X. XXXXXXXX
---------------------------------------------
Xxxx X. Xxxxxxxx
Address: 00000 XX Xxxxx Xxxx
Xxxxxxxx, Xxxxxx 00000
INDIVIDUAL INVESTOR:
Signature Page to Webridge, Inc.
Amendment to Second Amended and Restated First Refusal and Co-Sale Agreement
4
5
XXXXXXX X. XXXXXX
---------------------------------------------
Xxxxxxx X. Xxxxxx, as Trustee for The Xxxxxxx
and Xxxx Xxxxxx Revocable Living Trust
Address: The Xxxxxxx and Xxxx Xxxxxx Revocable
Living Trust
00000 XX Xxxxxx Xxxx
Xxxxxxxx, Xxxxxx 00000
INDIVIDUAL INVESTOR:
XXXXXXX XXXXXXXXX
---------------------------------------------
Xxxxxxx Xxxxxxxxx
Address: 0000 XX Xxx
Xxxxxxxx, XX 00000
INDIVIDUAL INVESTOR:
XXXXXX XXXXXX
---------------------------------------------
Xxxxxx Xxxxxx
Address: 0 Xxxxxxxxx Xxxx
Xxxxx, XX 00000
FOUNDER:
XXXX X. XXXXXXXX
---------------------------------------------
Xxxx X. Xxxxxxxx
Address: c/o Webridge, Inc.
0000 X. XxxxxXxxx Xxxxxxx
Xxxxxxxxx, Xxxxxx 00000
FOUNDER:
XXXX X. XXXXXXX
---------------------------------------------
Xxxx X. Xxxxxxx
Address: c/o Webridge, Inc.
0000 X. XxxxxXxxx Xxxxxxx
Xxxxxxxxx, Xxxxxx 00000
Signature Page to Webridge, Inc.
Amendment to Second Amended and Restated First Refusal and Co-Sale Agreement
5
6
FOUNDER:
XXXX X. XXXXX
---------------------------------------------
Xxxx X. Xxxxx
Address: c/o Webridge, Inc.
0000 X. XxxxxXxxx Xxxxxxx
Xxxxxxxxx, Xxxxxx 00000
FOUNDER:
XXXX XXXX
---------------------------------------------
Xxxx Xxxx
Address: c/o Webridge, Inc.
0000 X. XxxxxXxxx Xxxxxxx
Xxxxxxxxx, Xxxxxx 00000
FOUNDER:
XXXXXXX X. XXXXXXXXX
---------------------------------------------
Xxxxxxx X. Xxxxxxxxx
Address: c/o Webridge, Inc.
0000 X. XxxxxXxxx Xxxxxxx
Xxxxxxxxx, Xxxxxx 00000
FOUNDER:
XXXXXX X. XXXX
---------------------------------------------
Xxxxxx X. Xxxx
Address: c/o Webridge, Inc.
0000 X. XxxxxXxxx Xxxxxxx
Xxxxxxxxx, Xxxxxx 00000
FOUNDER:
XXXX X. XXXXXXX
---------------------------------------------
Xxxx X. Xxxxxxx
Signature Page to Webridge, Inc.
Amendment to Second Amended and Restated First Refusal and Co-Sale Agreement
6
7
Address: c/o Webridge, Inc.
0000 X. XxxxxXxxx Xxxxxxx
Xxxxxxxxx, Xxxxxx 00000
FOUNDER:
XXXXXX X. XXXXXXX
---------------------------------------------
Xxxxxx X. Xxxxxxx
Address: c/o Webridge, Inc.
0000 X. XxxxxXxxx Xxxxxxx
Xxxxxxxxx, Xxxxxx 00000
FOUNDER:
XXXXX X. XXXX
---------------------------------------------
Xxxxx X. Xxxx
Address: c/o Webridge, Inc.
0000 X. XxxxxXxxx Xxxxxxx
Xxxxxxxxx, Xxxxxx 00000
FOUNDER:
XXXXX X. XXXXXXX
---------------------------------------------
Xxxxx X. Xxxxxxx
Address: c/o Webridge, Inc.
0000 X. XxxxxXxxx Xxxxxxx
Xxxxxxxxx, Xxxxxx 00000
FOUNDER:
XXXXX X. XXXXXX
---------------------------------------------
Xxxxx X. Xxxxxx
Address: c/o Webridge, Inc.
0000 X. XxxxxXxxx Xxxxxxx
Xxxxxxxxx, Xxxxxx 00000
Signature Page to Webridge, Inc.
Amendment to Second Amended and Restated First Refusal and Co-Sale Agreement
7
8
FOUNDER:
XXXXXXX X. XXXXXXXXXXX
---------------------------------------------
Xxxxxxx X. Xxxxxxxxxxx
Address: c/o Webridge, Inc.
0000 X. XxxxxXxxx Xxxxxxx
Xxxxxxxxx, Xxxxxx 00000
Signature Page to Webridge, Inc.
Amendment to Second Amended and Restated First Refusal and Co-Sale Agreement
8