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EXHIBIT 10.1.1
AMENDMENT NO. 1 TO THE SECURITIES PURCHASE AGREEMENT
DATED MARCH 27, 2001
THIS AMENDMENT NO. 1 TO THE SECURITIES PURCHASE AGREEMENT, dated as of April 2,
2001 (the "Amendment"), by and between Net2000 Communications, Inc. (the
"Company") and Boston Ventures LP VI, Nortel Networks Inc., BancBoston Capital
Inc., Carlyle U.S. Venture Partners, L.P., Carlyle Venture Coinvestment, L.L.C.,
Carlyle Venture Partners, L.P., C/S Venture Investors, L.P., PNC Capital Corp.,
Wood Street Partners I (the "Buyers"), amends the Securities Purchase Agreement,
dated as of March 27, 2001 (the "Agreement"), by and between the Company and the
Buyers. Capitalized terms used herein but not defined herein shall have the
meanings assigned to them in the Agreement.
WHEREAS, the Company and the Buyers have previously entered into the
Agreement, and now the Company and the Buyers desire to amend certain provisions
relating to the Closing Date pursuant to the Agreement.
NOW, THEREFORE, in consideration of the premises and the mutual
covenants herein contained, and for other good and valuable consideration, the
receipt and sufficiency of which are acknowledged, the parties hereto agree as
follows:
Section 1. Amendment
Section 1(b) of the Agreement is amended to extend the Closing Date to
April 16, 2001, subject to the satisfaction (or waiver) of the conditions to the
Closing set forth in Section 6 and 7 of the Agreement (or such later date as is
mutually agreed to by the Company and the Buyers).
Section 2. Amendment
Section 9(l) of the Agreement is amended to extend the Closing Date to
April 16, 2001. The Termination rights, as outlined in the Agreement, shall
remain in force and effect.
Section 3. Effect of Amendment
Upon execution of this Amendment, the Agreement shall be, and be deemed
to be, modified and amended in accordance herewith and the respective rights,
limitations, obligations, duties, liabilities and immunities of the Company and
the Buyers shall hereafter be determined, exercised and enforced subject in all
respects to such modifications and amendments, and all the terms and conditions
of this Amendment shall be and be deemed to be part of the terms and conditions
of the Agreement for any and all purposes. Each of the Company and the Buyers
confirms that the Agreement, as amended by this Amendment, shall remain in full
force and effect and is hereby ratified and confirmed in all respects.
Section 4. Counterparts
This Amendment may be executed in several counterparts, each of which
shall be an original and all of which shall constitute but one and the same
instrument.
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IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be
executed and delivered by their duly authorized signatories as of the date
hereof.
COMPANY:
NET2000 COMMUNICATIONS, INC.
By: /s/ Xxxxxx X. Xxxxxx
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Name: Xxxxxx X. Xxxxxx
Title: Chief Financial Officer &
Executive Vice President
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BUYERS:
BOSTON VENTURES LP VI
By: /s/ Xxxxxxx X. Xxxxxxx
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Name: Xxxxxxx X. Xxxxxxx
Title: Managing Director
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NORTEL NETWORKS INC.
By: /s/ Xxxxx Xxxxx
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Name: Xxxxx Xxxxx
Title: Director
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CARLYLE U.S. VENTURE PARTNERS, L.P.
By: TCG Ventures, L.L.C., its General
Partner
By: TC Group, L.L.C., its Sole Member
By: TCG Holdings, L.L.C., its Managing
Member
By: /s/ Xxxx X. Xxxxxx
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Name: Xxxx X. Xxxxxx
Title: Managing Director and CFO
CARLYLE VENTURE COINVESTMENT, L.L.C.
By: TCG Ventures, L.L.C., its Managing
Member
By: TC Group, L.L.C., its Sole Member
By: TCG Holdings, L.L.C., its Managing
Member
By: /s/ Xxxx X. Xxxxxx
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Name: Xxxx X. Xxxxxx
Title: Managing Director and CFO
CARLYLE VENTURE PARTNERS, L.P.
By: TCG Ventures, Ltd., its General Partner
By: TCG Ventures, L.L.C., its Sole
Shareholder
By: TC Group, L.L.C., its Sole Member
By: TCG Holdings, L.L.C., its Managing
Member
By: /s/ Xxxx X. Xxxxxx
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Name: Xxxx X. Xxxxxx
Title: Managing Director and CFO
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C/S VENTURE INVESTORS, L.P.
By: TCG Ventures, Ltd., its Managing
General Partner
By: TCG Ventures, L.L.C., its Sole
Shareholder
By: TC Group, L.L.C., its Sole Member
By: TCG Holdings, L.L.C., its Managing
Member
By: /s/ Xxxx X. Xxxxxx
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Name: Xxxx X. Xxxxxx
Title: Managing Director and CFO
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BANCBOSTON CAPITAL INC.
By: /s/ Xxxxxxx X. Chazman
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Name: Xxxxxxx X. Chazman
Title: Director
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PNC CAPITAL CORP.
By: /s/ XXXXX MCL. XXXXXXX
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Name: Xxxxx McL. Xxxxxxx
Title: Executive Vice President
WOOD STREET PARTNERS I
By: /s/ XXXXX MCL. XXXXXXX
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Name: Xxxxx McL. Xxxxxxx
Title: Executive Vice President
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