AMENDED AND RESTATED MEMORANDUM OF UNDERSTANDING AND STOCK OPTION AGREEMENTMemorandum of Understanding and Stock Option Agreement • July 3rd, 2001 • Guitar Center Inc • Retail-radio, tv & consumer electronics stores • Delaware
This Amended and Restated Memorandum of Understanding and Stock Option Agreement (the "Agreement") is entered into effective as of December 30, 1996, by and among the officers and other key managers of Guitar Center, Inc. identified on the signature pages hereto (collectively, "Management") and Chase Venture Capital Associates, L.P. ("CVCA"), Wells Fargo Small Business Investment Company ("Wells") and Weston Presidio Capital II, L.P. ("Weston" and, collectively with CVCA and Wells, the "Funds").
