AMENDMENT TO
AMENDED AND RESTATED VOTING AGREEMENT
THIS AMENDMENT (this "Amendment") TO THE AMENDED AND RESTATED VOTING
AGREEMENT dated as of the 12th day of March, 1998 (the "Agreement") is made as
of the 5th day of May, 1998, by and among Rhythms NetConnections Inc., a
Delaware corporation (the "Company") and the parties listed on the Schedule of
Investors attached thereto as SCHEDULE A.
1. VOTING TRUST. The Agreement is hereby amended to add a new section 16
to read as follows:
"16. VOTING TRUST. Notwithstanding anything to the contrary
herein, Sprout Capital VII, L.P. ("Sprout VII") may transfer its
Series A Shares and Series B Shares to First UnionTrust Company,
National Association, as Trustee (the "Trustee") pursuant to the
Voting Trust Agreement dated as of May 5, 1998 by and among Sprout
VII, Xxxxxxxxx Xxxxxx & Xxxxxxxx, Inc. and the Trustee (the "Voting
Trust Agreement") and all of the Series A Shares and Series B Shares
held by the Trustee pursuant to the Voting Trust Agreement shall be
considered to be held by Sprout for purposes of determining the number
of Preferred Shares held by Sprout within the meaning of Section l.a
of the Agreement."
2. TRUSTEE. The Trustee hereby becomes a party to the Agreement, as
amended hereby, and agrees to be bound by all the provisions of the Agreement
(as amended from time to time) as if the Trustee was a party to the Agreement.
3. SCHEDULE OF PREFERRED INVESTORS. Schedule A, to the Agreement, the
Schedule of Preferred Investors, is hereby amended to add the name and address
of the Trustee as set forth below under the captions "NAME AND ADDRESS OF SERIES
A INVESTORS" and "NAME AND ADDRESS OF SERIES B INVESTORS":
First UnionTrust Company National Association, as Trustee
One Xxxxxx Square
First Floor
000 Xxxx Xxxxxx
Xxxxxxxxxx, XX 00000
4. GOVERNING LAW. This Amendment shall be governed by and construed
under the laws of the State of Delaware.
5. COUNTERPARTS. This Amendment may be executed in two or more
counterparts, each of which shall be deemed an original, but all of which
together shall constitute one and the same instrument.
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IN WITNESS WHEREOF, the parties hereto have executed this Amendment as of
the day and year hereinabove written.
THE COMPANY:
RHYTHMS NETCONNECTIONS INC.
By: /s/ Xxxxxxxxx X. Xxxxx
-----------------------------------------
Xxxxxxxxx X. Xxxxx,
President and Chief Executive Officer
THE PREFERRED INVESTORS:
SPROUT CAPITAL VII, L.P.
By: DLJ Capital Corporation
Managing General Partner
By: /s/ Xxxxx X. Xxxxxxx
-----------------------------------------
THE SPROUT CEO FUND, L.P.
By: DLJ Capital Corporation
Its General Partner
By: /s/ Xxxxx X. Xxxxxxx
-----------------------------------------
Xxxxx X. Xxxxxxx
Attorney-In-Fact
DLJ CAPITAL CORPORATION
By: /s/ Xxxxx X. Xxxxxxx
-----------------------------------------
Xxxxx X. Xxxxxxx
Attorney-In-Fact
[COUNTERPART SIGNATURE PAGE TO AMENDMENT TO VOTING AGREEMENT]
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DLJ FIRST ESC L.L.C.
By: DLJ LBO Plans Management Corporation
Its: Manager
By: /s/ Xxxxx X. Xxxxxxx
----------------------------------
Xxxxx X. Xxxxxxx
Attorney-In-Fact
ENTERPRISE PARTNERS III, L.P.
By: /s/ X. X. Xxxxxxxx
-----------------------------------------
Its: General Partner
-----------------------------------------
ENTERPRISE PARTNERS III ASSOCIATES, L.P.
By: /s/ X. X. Xxxxxxxx
-----------------------------------------
Its: General Partner
-----------------------------------------
XXXXXXX XXXXXXX XXXXXXXX & XXXXX VIII
By: /s/ Xxxxx X. Xxxxxxx
-----------------------------------------
Its: General Partner
-----------------------------------------
KPCB VIII FOUNDERS FUND
By: /s/ Xxxxx X. Xxxxxxx
-----------------------------------------
Its: General Partner
-----------------------------------------
[COUNTERPART SIGNATURE PAGE TO AMENDMENT TO VOTING AGREEMENT]
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KPCB VIII INFORMATION SCIENCES
ZAIBATSU FUND II
By: /s/ Xxxxx X. Xxxxxxx
-----------------------------------------
Its: General Partner
-----------------------------------------
BRENTWOOD ASSOCIATES VII, L.P.
By: Brentwood VII Ventures, L.P.
its General Partner
By: /s/ Xxxx Xxxxxxx
-----------------------------------------
Its: General Partner
-----------------------------------------
BRENTWOOD AFFILIATE FUND, L.P.
By: Brentwood VII Ventures, L.P.
its General Partner
By: /s/ Xxxx Xxxxxxx
-----------------------------------------
Its: General Partner
-----------------------------------------
ENRON COMMUNICATIONS GROUP, INC.
By: /s/ Xxx X. Xxxxxxxx
-----------------------------------------
Its:
-----------------------------------------
FIRST UNION TRUST COMPANY, NATIONAL
ASSOCIATION,
not in its individual capacity but solely as
voting trustee
By: /s/ (illegible)
-----------------------------------------
Its: Assistant Vice President
-----------------------------------------
[COUNTERPART SIGNATURE PAGE TO AMENDMENT TO VOTING AGREEMENT]
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SCHEDULE A
SCHEDULE OF PREFERRED INVESTORS
Name and Address of Series B
Name and Address of Series A Investors Investors
-------------------------------------- ---------------------------------
The Sprout Group The Sprout Group
0000 Xxxx Xxxx Xxxx 0000 Xxxx Xxxx Xxxx
Xxxxxxxx 0, Xxxxx 000 Building 4, Suite 270
Menlo Park, CA 94025 Xxxxx Xxxx, XX 00000
Attn: Xxxxx Xxxxxxx Attn: Xxxxx Xxxxxxx
Fax: (000) 000-0000 Fax: (000) 000-0000
Enterprise Partners Enterprise Partners
0000 Xxxxxxx Xxxxxx, Xxxxx 000 0000 Xxxxxxx Xxxxxx, Xxxxx 000
Xx Xxxxx, XX 00000 XxXxxxx, XX 00000
Attn: Xxxxxxx Xxxxxxxx Attn: Xxxxxxx Xxxxxxxx
Fax: (000) 000-0000 Fax: (000) 000-0000
Xxxxxxx Xxxxxxx Xxxxxxxx & Xxxxx Xxxxxxx Xxxxxxx Xxxxxxxx & Xxxxx
0000 Xxxx Xxxx Xxxx 0000 Xxxx Xxxx Xxxx
Xxxxx Xxxx, XX 00000 Xxxxx Xxxx, XX 00000
Attn: Xxxxx Xxxxxxx Attn: Xxxxx Xxxxxxx
Fax: (000) 000-0000 Fax: (000) 000-0000
Brentwood Associates Brentwood Associates
0000 Xxxx Xxxx Xxxx 0000 Xxxx Xxxx Xxxx
Xxxxxxxx 0, Xxxxx 000 Building 4, Suite 270
Menlo Park, CA 94025 Xxxxx Xxxx, XX 00000
Attn: Xxxx Xxxxxxx Attn: Xxxx Xxxxxxx
Fax: (000) 000-0000 Fax: (000) 000-0000
Enron Communications Group, Inc.
000 Xxxxxxxxx Xxxxxxxx Xxxxxx,
Xxxxx 000
Xxxxxxxx, XX 00000
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