This Amendment amends that certain Investment Agreement (Series E Preferred Stock) dated September 10, 1999 (the "Original Agreement"). ------------------
EXHIBIT 10.12
AMENDMENT NO. 1 TO
INVESTMENT AGREEMENT
(Series E Preferred Stock)
This Amendment No. 1 to Investment Agreement (the "Amendment") dated as of
---------
January 14, 2000 (the "Effective Date"), is entered into by and among Greenwich
--------------
Technology Partners, Inc., a Delaware corporation (the "Corporation") and those
-----------
parties executing the signature page hereto, representing at least 66 2/3% of
the Corporation's outstanding Series E Preferred Stock, $0.01 par value per
share (the "Series E Shares").
---------------
This Amendment amends that certain Investment Agreement (Series E Preferred
Stock) dated September 10, 1999 (the "Original Agreement").
------------------
Capitalized terms used herein and not otherwise defined, shall have the
meanings set forth in the Original Agreement.
NOW, THEREFORE, in accordance with Section 10.2 of the Original Agreement,
the parties hereto agree that the Original Agreement shall be amended as
follows:
1. Section 2.2(b) shall be deleted in its entirety and replaced with the
following:
"(b) One or more additional closings (each an "Additional Closing")
------------------
of the sale and purchase of up to an additional 4,265,402 of the
Series E Shares under this Agreement shall take place at the offices
of ▇▇▇▇▇, ▇▇▇▇▇▇▇ & ▇▇▇▇▇▇▇▇▇, LLP, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇,
▇▇▇▇▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇, at 1:00 p.m. on such date or dates as is
mutually agreeable to the Additional Investors participating in such
Additional Closing, and the Company."
2. Section 2.2(c) shall be deleted in its entirety and replaced with the
following:
"(c) The Initial Closing and the Additional Closings are each
referred to herein as a "Closing"."
-------
3. Section 2.5 shall be deleted in its entirety and replaced with the
following:
"2.5 Counterpart Signature Pages. At each Additional Closing, the
Additional Investors participating in such Additional Closing shall
execute a counterpart signature page to this Agreement, the
Shareholders' Agreement and the Registration Rights Agreement."
4. Exhibit A, Schedule of Investors shall be deleted in its entirety and
---------
replaced with the attached Exhibit A hereto.
---------
5. All other provisions of the Original Agreement shall be unmodified and
shall remain in full force and effect.
6. This Amendment may be signed in one or more counterparts, each of
which shall be deemed to be an original and all of which shall be considered one
and the same agreement and shall become effective when each of the parties has
signed and delivered a counterpart to the other.
7. This Amendment shall be governed by and interpreted in accordance with
the laws of the State of Delaware, but without giving effect to any Delaware
choice of law provisions which might otherwise make the laws of a difference
jurisdiction govern or apply.
[Remainder of Page Left Blank Intentionally]
IN WITNESS WHEREOF, this Amendment has been executed as of the date and year
first above written.
CORPORATION:
GREENWICH TECHNOLOGY PARTNERS, INC.
By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇
---------------------------------------
Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇
Title: CFO
INVESTORS:
CHASE VENTURE CAPITAL ASSOCIATES, L.P.
By:
By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇
---------------------------------------
Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇
Title: General Partner
CREDIT SUISSE FIRST BOSTON VENTURE FUND I,
L.P.
By: QBB Management I, LLC, Its General
Partner
By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇
---------------------------------------
Name: ▇▇▇▇▇▇ ▇▇▇▇▇▇▇
Title: Member
STV PARTNERS III, L.L.C.
By:
By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇
---------------------------------------
Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇
Title: Managing Member
FG-GTPF
By:
By: /s/ ▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇
----------------------------------------
Name: ▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇
Title: Managing Director
VANTAGEPOINT COMMUNICATIONS PARTNERS, LP
By:
By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇
----------------------------------------
Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇
Title: Managing Director
VANTAGEPOINT VENTURE PARTNERS 1996, L.P.
By: Vantagepoint Communications Associates,
LLC, Its General Partner
By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇
----------------------------------------
Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇
Title: Managing Director
▇▇▇▇▇▇▇▇ PARTNERS II L.P.
By:
By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇
---------------------------------------
Name: ▇▇▇▇▇ ▇▇▇▇▇▇
Title: General Partner
EXHIBIT A
---------
Schedule of Investors
---------------------
Initial Closing
---------------
Aggregate
Number of Series E Purchase Price
Shares to be for Series E
Name of Series E Investor Purchased Shares
------------------------- --------- ------
Chase Venture Capital Associates, L.P. 4,739,337 $10,000,001.07
Credit Suisse First Boston Venture Fund I, L.P. 236,967 $ 500,000.37
STV Partners III, L.L.C. 473,934 $ 1,000,000.74
FG-GTPF 236,967 $ 500,000.37
Vantagepoint Communications Partners, LP 947,867 $ 1,999,999.37
Vantagepoint Venture Partners 1996, L.P. 473,934 $ 1,000,000.74
▇▇▇▇▇▇▇▇ Partners II L.P. 473,934 $ 1,000,000.74
TOTAL: 7,582,940 $16,000,003.40
First Additional Closing
------------------------
Aggregate
Number of Series E Purchase Price
Shares to be for Series E
Name of Series E Investor Purchased Shares
------------------------- --------- ------
▇▇▇▇▇ ▇. ▇'▇▇▇▇ 7,108 14,997.88
▇▇▇▇ Stopper 23,696 49,998.56
▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ 4,739 9,999.29
▇▇▇▇▇ ▇▇▇▇ 50,236 105,997.96
▇▇▇▇▇ ▇▇▇▇▇ 59,241 124,998.51
▇▇▇▇▇▇ ▇▇▇▇▇▇ 11,848 24,999.28
▇▇▇▇ ▇. ▇▇▇▇▇▇▇ 11,848 24,999.28
L. ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ and ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ 2,369 4,998.59
▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ 23,696 49,998.56
▇▇▇▇▇ ▇. ▇▇▇▇▇▇ 4,739 9,999.29
▇▇▇▇ ▇. ▇▇▇▇▇▇▇ 2,369 4,998.59
▇▇▇▇ ▇. ▇▇▇▇▇ 7,109 14,999.99
▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ 4,739 9,999.29
▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇▇▇▇ 4,739 9,999.29
▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ 5,924 12,499.64
▇▇▇▇ ▇▇▇▇ 11,848 24,999.28
EPFL Partners 4,739 9,999.29
▇▇▇▇ ▇. ▇▇▇▇▇▇ 11,848 24,999.28
▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ 2,369 4,998.59
▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ and ▇▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ 11,848 24,999.28
▇▇▇▇ ▇. ▇▇▇▇▇▇▇ and ▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ 9,478 19,998.58
Clemente Family Trust 9,478 19,998.58
BMZ Investments 23,696 49,998.56
▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ 9,952 20,998.72
▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ 23,696 49,998.56
▇▇▇▇ ▇▇▇▇▇▇ 5,924 12,499.64
▇▇▇▇▇ ▇. ▇▇▇▇▇▇ 47,393 99,999.23
▇▇▇▇▇ ▇. ▇▇▇▇▇ 4,739 9,999.29
▇▇▇▇▇ ▇. ▇▇▇▇▇ 18,957 39,999.27
▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ 11,848 24,999.28
▇▇▇▇▇ ▇▇▇▇▇▇ 23,696 49,998.56
▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ 47,393 99,999.23
▇▇▇▇▇ ▇▇ ▇▇▇▇▇▇ 11,848 24,999.28
▇▇▇▇▇▇ ▇. ▇▇▇▇▇ 18,957 39,999.27
▇▇▇ FBO ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ 28,435 59,997.85
S. ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ and ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇ 10,000 21,100
▇▇▇▇ ▇. ▇▇▇▇▇ 18,957 39,999.27
▇▇▇▇▇ ▇▇▇▇▇▇ 142,180 299,999.80
Highwood Partners LLC 14,218 29,999.98
▇▇▇▇▇▇▇ ▇. ▇▇▇ III and ▇▇▇▇▇▇▇▇ ▇. ▇▇▇ 9,478 19,998.58
▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ 11,848 24,999.28
▇▇▇▇ ▇. ▇▇▇▇▇▇▇ 7,109 14,999.99
▇▇▇▇▇▇ ▇. ▇▇▇▇▇ and ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ 11,848 24,999.28
▇▇▇▇▇▇ ▇▇▇▇▇▇▇ 7,109 14,999.99
▇▇▇▇ ▇▇▇▇▇▇▇ 7,109 14,999.99
The CIT Group/Equity Investments, Inc. 473,934 1,000,000.74
Chase Venture Capital Associates, L.P. 473,933 999,998.63
VantagePoint Venture Partners 1996, L.P. 157,820 333,000.20
VantagePoint Communications Partners, L.P. 316,114 667,000.54
Total: 2,224,199 $4,693,059.89
Second Additional Closing
-------------------------
Aggregate
Number of Series E Purchase Price
Shares to be for Series E
Name of Series E Investor Purchased Shares
------------------------- --------- ------
▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇ 11,848 24,999.28
▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇▇ 23,696 49,998.56
▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ 4,739 9,999.29
▇▇▇▇▇▇▇ ▇▇▇▇▇ 4,739 9,999.29
▇▇▇▇▇▇▇ ▇▇ 4,739 9,999.29
▇▇▇▇ ▇▇▇▇▇ 11,848 24,999.28
UGE Enterprises LLC 4,739 9,999.29
▇▇▇▇▇▇ Street Partners 7,109 14,999.99
▇▇▇▇▇▇ ▇. ▇▇▇▇▇ 14,218 29,999.98
▇▇▇▇ ▇▇▇▇▇▇▇ 4,739 9,999.29
▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ 11,848 24,999.28
▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ 23,696 49,998.56
▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ 9,478 19,998.58
▇▇▇▇▇ ▇. ▇▇▇▇▇ 11,848 24,999.28
▇▇▇▇▇ ▇▇▇▇▇▇▇▇ 23,696 49,998.56
▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ 35,545 74,999.95
▇▇▇▇▇ ▇. ▇▇▇▇▇ 23,696 49,998.56
▇▇▇▇▇▇▇ Trousett 23,696 49,998.56
S. ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ and ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇ 20,000 42,200.00
▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ 100,000 211,000.00
▇▇▇▇▇ ▇▇▇▇▇ 4,739 9,999.29
High Street Investors 2000 47,393 99,999.23
TOTAL: 428,049 $903,183.39