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Exhibit 10.15
March 15, 2000
SeraNova, Inc.
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Re: Common Stock Purchase
Dear Sirs:
You have provided us with copies of the form of Stock Purchase Agreement,
Stockholders Agreement and Registration Rights Agreement (the "Investment
Agreements"), pursuant to which certain investors are on the date hereof
purchasing 50 shares of Common Stock of SeraNova, Inc. (the "Company"). In
consideration of the payment of $10,000 and other valuable consideration,
receipt of which is hereby acknowledged, and intending to be legally bound
hereby, Global Emerging Markets North America Inc. ("GEM") hereby covenants and
agrees that, at the Company's option exercisable by written notice to GEM at any
time prior to April 15, 2000, GEM will, or will cause its affiliates to,
purchase from the Company up to 25 shares of Company Common Stock (the number of
shares, up to but not exceeding 25, to be designated by the Company in its
exercise notice to GEM). Such purchase and sale of Company Common Stock will be
completed at the price and on the other terms and conditions as are contained in
the Investment Agreements, and the parties hereto agree to execute and deliver
comparable agreements upon the closing of the investment by GEM or its
affiliates (which shall occur as promptly as practicable) if the Company
exercises its option hereunder.
Confirmed and Agreed:
GLOBAL EMERGING MARKETS
NORTH AMERICA INC.
By: /s/ ▇▇▇▇▇▇ ▇▇▇
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Name: ▇▇▇▇▇▇ ▇▇▇
Title: Director
Confirmed and Agreed:
SERANOVA, INC.
By: /s/ ▇▇▇▇ ▇▇▇▇▇
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Name: ▇▇▇▇ ▇▇▇▇▇
Title: Executive Vice President and
Chief Financial Officer
