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
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January 14, 2000 (the "Effective Date"), is entered into by and among Greenwich
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Technology Partners, Inc., a Delaware corporation (the "Corporation") and those
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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").
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This Amendment amends that certain Investment Agreement (Series E Preferred
Stock) dated September 10, 1999 (the "Original Agreement").
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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")
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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 Xxxxx, Xxxxxxx & Xxxxxxxxx, LLP, 000 Xxxx Xxxxxx, Xxxxxx,
Xxxxxxxxxxxxx, 00000, 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"."
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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
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replaced with the attached Exhibit A hereto.
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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/ Xxxxxx X. Xxxxx
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Name: Xxxxxx X. Xxxxx
Title: CFO
INVESTORS:
CHASE VENTURE CAPITAL ASSOCIATES, L.P.
By:
By: /s/ Xxxxxxx X. Xxxxxx
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Name: Xxxxxxx X. Xxxxxx
Title: General Partner
CREDIT SUISSE FIRST BOSTON VENTURE FUND I,
L.P.
By: QBB Management I, LLC, Its General
Partner
By: /s/ Xxxxxx Xxxxxxx
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Name: Xxxxxx Xxxxxxx
Title: Member
STV PARTNERS III, L.L.C.
By:
By: /s/ Xxxxxx X. Xxxxxx
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Name: Xxxxxx X. Xxxxxx
Title: Managing Member
FG-GTPF
By:
By: /s/ Xxxxxxxx X. Xxxxxxxxx
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Name: Xxxxxxxx X. Xxxxxxxxx
Title: Managing Director
VANTAGEPOINT COMMUNICATIONS PARTNERS, LP
By:
By: /s/ Xxxxxxx Xxxxxxxxx Xxxxxxxx
----------------------------------------
Name: Xxxxxxx Xxxxxxxxx Xxxxxxxx
Title: Managing Director
VANTAGEPOINT VENTURE PARTNERS 1996, L.P.
By: Vantagepoint Communications Associates,
LLC, Its General Partner
By: /s/ Xxxxxxx Xxxxxxxxx Xxxxxxxx
----------------------------------------
Name: Xxxxxxx Xxxxxxxxx Xxxxxxxx
Title: Managing Director
XXXXXXXX PARTNERS II L.P.
By:
By: /s/ Xxxxx Xxxxxx
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Name: Xxxxx Xxxxxx
Title: General Partner
EXHIBIT A
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Schedule of Investors
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Initial Closing
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Aggregate
Number of Series E Purchase Price
Shares to be for Series E
Name of Series E Investor Purchased Shares
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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
Xxxxxxxx Partners II L.P. 473,934 $ 1,000,000.74
TOTAL: 7,582,940 $16,000,003.40
First Additional Closing
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Aggregate
Number of Series E Purchase Price
Shares to be for Series E
Name of Series E Investor Purchased Shares
------------------------- --------- ------
Xxxxx X. X'Xxxx 7,108 14,997.88
Xxxx Stopper 23,696 49,998.56
Xxxxxxxx Xxxxxx 4,739 9,999.29
Xxxxx Xxxx 50,236 105,997.96
Xxxxx Xxxxx 59,241 124,998.51
Xxxxxx Xxxxxx 11,848 24,999.28
Xxxx X. Xxxxxxx 11,848 24,999.28
L. Xxxxx Xxxxxxxx and Xxxxxx X. Xxxxxxxx 2,369 4,998.59
Xxxxx X. Xxxxxxxxxx 23,696 49,998.56
Xxxxx X. Xxxxxx 4,739 9,999.29
Xxxx X. Xxxxxxx 2,369 4,998.59
Xxxx X. Xxxxx 7,109 14,999.99
Xxxxx X. Xxxxxxx 4,739 9,999.29
Xxxxxxx X. Xxxxxxxxxxxxx 4,739 9,999.29
Xxxxxxx X. Xxxxxxxx 5,924 12,499.64
Xxxx Xxxx 11,848 24,999.28
EPFL Partners 4,739 9,999.29
Xxxx X. Xxxxxx 11,848 24,999.28
Xxxxxxx X. Xxxxxxxxxx 2,369 4,998.59
Xxxxxx X. Xxxxxx and Xxxxxxxxx X. Xxxxxx 11,848 24,999.28
Xxxx X. Xxxxxxx and Xxxxxxxx X. Xxxxxxx 9,478 19,998.58
Clemente Family Trust 9,478 19,998.58
BMZ Investments 23,696 49,998.56
Xxxxxxx X. Xxxxx 9,952 20,998.72
Xxxxxxx X. Xxxxxxxx 23,696 49,998.56
Xxxx Xxxxxx 5,924 12,499.64
Xxxxx X. Xxxxxx 47,393 99,999.23
Xxxxx X. Xxxxx 4,739 9,999.29
Xxxxx X. Xxxxx 18,957 39,999.27
Xxxxxx X. Xxxxxxx 11,848 24,999.28
Xxxxx Xxxxxx 23,696 49,998.56
Xxxxxxx X. Xxxxxx 47,393 99,999.23
Xxxxx XX Xxxxxx 11,848 24,999.28
Xxxxxx X. Xxxxx 18,957 39,999.27
XXX FBO Xxxxxx X. Xxxxx 28,435 59,997.85
S. Xxxxxxxxx Xxxxx and Xxxx Xxxxxx Xxxx 10,000 21,100
Xxxx X. Xxxxx 18,957 39,999.27
Xxxxx Xxxxxx 142,180 299,999.80
Highwood Partners LLC 14,218 29,999.98
Xxxxxxx X. Xxx III and Xxxxxxxx X. Xxx 9,478 19,998.58
Xxxxxxx X. Xxxxxx 11,848 24,999.28
Xxxx X. Xxxxxxx 7,109 14,999.99
Xxxxxx X. Xxxxx and Xxxxxxx X. Xxxxx 11,848 24,999.28
Xxxxxx Xxxxxxx 7,109 14,999.99
Xxxx Xxxxxxx 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
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Aggregate
Number of Series E Purchase Price
Shares to be for Series E
Name of Series E Investor Purchased Shares
------------------------- --------- ------
Xxxx X. Xxxxxxxxx 11,848 24,999.28
Xxxx Xxxxxxxxxxxx 23,696 49,998.56
Xxxxx X. Xxxxxxxx 4,739 9,999.29
Xxxxxxx Xxxxx 4,739 9,999.29
Xxxxxxx Xx 4,739 9,999.29
Xxxx Xxxxx 11,848 24,999.28
UGE Enterprises LLC 4,739 9,999.29
Xxxxxx Street Partners 7,109 14,999.99
Xxxxxx X. Xxxxx 14,218 29,999.98
Xxxx Xxxxxxx 4,739 9,999.29
Xxxxx Xxxxxxxxx 11,848 24,999.28
Xxxxxx Xxxxxxxxx 23,696 49,998.56
Xxxxxx Xxxxxxxxx 9,478 19,998.58
Xxxxx X. Xxxxx 11,848 24,999.28
Xxxxx Xxxxxxxx 23,696 49,998.56
Xxxxxxx Xxxxxxxx 35,545 74,999.95
Xxxxx X. Xxxxx 23,696 49,998.56
Xxxxxxx Trousett 23,696 49,998.56
S. Xxxxxxxxx Xxxxx and Xxxx Xxxxxx Xxxx 20,000 42,200.00
Xxxxxxx Xxxxxxx 100,000 211,000.00
Xxxxx Xxxxx 4,739 9,999.29
High Street Investors 2000 47,393 99,999.23
TOTAL: 428,049 $903,183.39
