EXHIBIT 10.38
THIRD ADDENDUM TO
FOURTH AMENDED AND RESTATED INVESTORS' RIGHTS AGREEMENT
THIS THIRD ADDENDUM (this "Addendum") dated as of January 24, 2000, to
the Fourth Amended and Restated Investors' Rights Agreement dated as of May 18,
1999 as amended (the "Rights Agreement"), by and among xxxxxxxxx.xxx, inc., a
Delaware corporation (the "Company") and the parties listed on Exhibit A hereto
hereby adds certain securities to the definition of "registrable securities"
under the Rights Agreement. Two prior addenda to the Rights Agreement dated as
of June 17, 1999 and July 26, 1999 remain in full force and effect.
RECITALS
A. The Company and Xxxxxx.xxx, Inc. ("Xxxxxx.xxx") have entered into
a letter agreement (the "Stock Purchase Letter Agreement"), a copy of which is
attached as Exhibit B hereto, pursuant to which the Company will sell to
Xxxxxx.xxx and Xxxxxx.xxx will purchase from the Company 1,066,667 of shares of
the Company's Common Stock in a private placement transaction (the "Amazon
Private Placement"). The Company and the Investors party to the Rights Agreement
are willing to grant Xxxxxx.xxx registration rights with regard to such shares.
B. Pursuant to Section 5.2 of the Rights Agreement, this Addendum is
being executed by the Company and the holders of at least two-thirds (2/3) of
the Registrable Securities presently outstanding, thereby permitting the Rights
Agreement be amended hereby.
C. Capitalized terms used herein and not defined shall have the
meanings given to them in the Rights Agreement.
AGREEMENT
1. The parties agree that for purposes of Section 1 of the Rights
Agreement, shares of Common Stock of the Company issued to Xxxxxx.xxx pursuant
to the Amazon Private Placement shall be deemed to be "Registrable Securities"
for all purposes and subject to all conditions of the Rights Agreement.
2. This Addendum shall become effective immediately upon the receipt
of the required two-thirds (2/3) consent. Upon such effectiveness:
(a) all references in any document to the Rights Agreement shall
be deemed to be references to the Rights Agreement as modified by this
Addendum; and
(b) except as specifically modified hereby, the Rights Agreement
shall continue in full force and effect in accordance with the provisions
thereof.
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3. This Addendum, which shall be governed, construed and interpreted
in accordance with the laws of the State of California, without giving effect to
principles of conflicts of laws, may be executed in counterparts.
[Signature Page Follows]
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The parties have executed this Third Addendum to the Fourth Amended
and Restated Investors' Rights Agreement as of the date first above written.
COMPANY: INVESTORS:
XXXXXXXXX.XXX, INC., RITE AID CORPORATION,
By: By:
------------------------------- ------------------------------
Xxxxx X. Xxxxxxx Name:
President Title:
Address: Address:
00000 XX Xxxxxxxx Xxx 00 Xxxxxx Xxxx
Xxxxx 000 Xxxx Xxxx, XX 00000
Xxxxxxxx, XX 00000
GENERAL NUTRITION COMPANIES, INC.
By:
------------------------------
Name:
Title:
Address:
000 0xx Xxxxxx
Xxxxxxxxxx, XX 00000
VULCAN VENTURES INCORPORATED,
By:
------------------------------
Name:
Title:
Address:
000 000xx Xxxxxx XX, Xxxxx 000
Xxxxxxxx, XX 00000
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XXXXXXX XXXXXXX XXXXXXXX & XXXXX
VIII, L.P.,
By: KPCB VIII Associates, L.P., its
General Partner
By:
------------------------------
a General Partner
Address:
0000 Xxxx Xxxx Xxxx
Xxxxx Xxxx, XX 00000
KPCB VIII FOUNDERS FUND, L.P.,
By: KPCB VIII Associates, L.P., its
General Partner
By:
------------------------------
a General Partner
Address:
0000 Xxxx Xxxx Xxxx
Xxxxx Xxxx, XX 00000
KPCB LIFE SCIENCES ZAIBATSU FUND II,
L.P.
By: KPCB VII Associates, L.P., its
General Partner
By:
------------------------------
a General Partner
Address:
0000 Xxxx Xxxx Xxxx
Xxxxx Xxxx, XX 00000
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XXXXXX.XXX, INC.
By:
------------------------------
Name:
Title:
Address:
0000 0xx Xxxxxx
Xxxxxxx, XX 00000
XXXXX X. XXXXXXX
---------------------------------
Xxxxx X. Xxxxxxx
Address:
00000 XX Xxxxxxxx Xxx, Xxxxx 000
Xxxxxxxx, XX 00000
XXXXXXXXX.XXX FOUNDATION
By:
------------------------------
Name:
Title:
Address:
00000 XX Xxxxxxxx Xxx, Xxxxx 000
Xxxxxxxx, XX 00000
MAVERON EQUITY PARTNERS, L.P.
By:
------------------------------
Name:
Title:
Address:
000 Xxxxx Xxx., Xxxxx 0000
Xxxxxxx, XX 00000
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LIBERTY DS, INC.
By:
------------------------------
Name:
Title:
Address:
0000 Xxxxx Xxxxxx Xxxxxx
Xxxxxxxxx, XX 00000
XXXXX XXXXXXX
---------------------------------
Xxxxx Xxxxxxx
Address:
c/o Kleiner Xxxxxxx Xxxxxxxx
& Xxxxx
0000 Xxxx Xxxx Xxxx
Xxxxx Xxxx, XX 00000
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EXHIBIT A
INVESTORS
Name and Address
----------------
Rite Aid Corporation
00 Xxxxxx Xxxx
Xxxx Xxxx, XX 00000
General Nutrition Companies, Inc.
000 0xx Xxxxxx
Xxxxxxxxxx, XX 00000
Vulcan Ventures Incorporated
000xx Xxxxxx Xxxxxxxxx, Xxxxx 000
Xxxxxxxx, XX 00000
Xxxxxxx Xxxxxxx Xxxxxxxx & Xxxxx VIII
0000 Xxxx Xxxx Xxxx
Xxxxx Xxxx, XX 00000
KPCB VIII Founders Fund, L.P.
0000 Xxxx Xxxx Xxxx
Xxxxx Xxxx, XX 00000
KPCB Life Sciences Zaibatsu Fund II, L.P.
0000 Xxxx Xxxx Xxxx
Xxxxx Xxxx, XX 00000
Xxxxx Xxxxxxx
c/x Xxxxxxx Xxxxxxx Xxxxxxxx & Xxxxx
0000 Xxxx Xxxx Xxxx
Xxxxx Xxxx, XX 00000
Xxxxxx.xxx, Inc.
0000 0xx Xxxxxx
Xxxxxxx, XX 00000
Attn: General Counsel
Xxxxx X. Xxxxxxx
00000 XX Xxxxxxxx Xxx, Xxxxx 000
Xxxxxxxx, XX 00000
Maveron Equity Partners, L.P.
000 Xxxxx Xxxxxx, Xxxxx 0000
Xxxxxxx, XX 00000
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Liberty DS, Inc.
0000 Xxxxx Xxxxxx Xxxxxx
Xxxxxxxxx, XX 00000
xxxxxxxxx.xxx Foundation
Attn: Xxxxxx X. Xxxxxx
00000 XX Xxxxxxxx Xxx, Xxx. 000
Xxxxxxxx, XX 00000
