Exhibit 4.9
AMENDMENT NO. 2 TO STOCKHOLDERS AGREEMENT
THIS AMENDMENT NO. 2 TO STOCKHOLDERS AGREEMENTis entered into effective this 19th day of September, 2007 (this “Amendment No. 2”), by and among Cardiovascular Systems, Inc., a Minnesota Corporation (the “Company”), the Series A-1 Convertible Preferred Stockholders listed on Exhibit A hereto (“Series A-1 Investors”), and the Holders and Investors signatory hereto.
RECITALS
WHEREAS, this Amendment No. 2 amends a Stockholders Agreement, dated July 19, 2006 (the “Stockholders Agreement”) by and between the Company and the “Holders”, “Investors”, and “Section 5 Holders” set forth on Schedule I thereto, as amended by that certain Amendment No. 1 to Stockholders Agreement, dated October 3, 2006 by and between the Company, ITX International Equity Corp. and the Holders and Investors signatory thereto;
WHEREAS, the Company has agreed to sell up to 2,941,177 shares of Series A-1 Convertible Preferred Stock to the Series A-1 Investors (the “Offering”) in accordance with the terms of that certain Private Placement Memorandum dated May 16, 2007, as supplemented on August 8, 2007 and those certain Subscription Agreements by and between the Company and the Series A-1 Investors received in connection with the Offering (the “Subscription Agreements”);
WHEREAS, on May 21, 2007, the Company’s Board of Directors approved the sale of up to 1,175,000 shares of Series A-1 Convertible Preferred Stock to the Series A-1 Investors and the transactions contemplated by the Subscription Agreements including this Amendment No. 2, and on August 7, 2007 the Board further authorized that the Offering be increased to not more than 2,941,177 shares of Series A-1 Convertible Preferred Stock;
WHEREAS, Holders executing this Amendment No. 2 hold a majority of the Shares subject to the Stockholders Agreement; and
WHEREAS, Investors executing this Amendment No. 2 hold a majority in interest of the shares of Common Stock issued or issuable to the Investors.
NOW THEREFORE, in consideration of the mutual covenants and agreements contained in this Amendment No. 2, the sufficiency of which is hereby acknowledged, the parties hereto agree as set forth below:
| 1. | | Defined Terms. Capitalized terms not defined herein shall have the meanings ascribed to them in the Stockholders Agreement. |
1
| 2. | | The Series A-1 Convertible Preferred Stock sold in the Offering shall be deemed additional shares of Series A Convertible Preferred Stock for purposes of the Stockholders Agreement. |
|
| 3. | | Schedule I is hereby amended to include each of the Series A-1 Investors as an Investor as set forth below and each of the Series A-1 Investors shall be deemed an Investor as that term is used in the Stockholders Agreement. |
| | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | No. of | | | | | | No. of |
| | | | | | No. of Option/ | | Shares of | | No. of | | Shares of |
| | No. of Shares | | Warrant | | Series A | | Series A | | Series A-1 |
| | of Common | | Common | | Preferred | | Warrant | | Preferred |
Investor | | Stock | | Shares | | Stock | | Shares | | Stock |
Abrasive Technology, Inc. Profit Sharing Plan | | | — | | | | — | | | | — | | | | — | | | | 32,000 | |
Michael Adrian | | | 50,000 | (1) | | | 3,200 | (1) | | | 8,943 | | | | 1,270 | | | | 3,552 | |
Mark R. Alvig | | | 6,250 | | | | — | | | | — | | | | — | | | | 6,000 | |
Shahla Amiri | | | — | | | | — | | | | — | | | | — | | | | 5,000 | |
Anthony Angelini | | | — | | | | — | | | | — | | | | — | | | | 12,000 | |
Michael J. Antonello | | | 99,883 | | | | 12,500 | | | | 35,937 | | | | 5,103 | | | | 18,255 | |
Massoud Arbabzadeh, MD | | | — | | | | — | | | | — | | | | — | | | | 5,882 | |
Naoum Baladi | | | — | | | | — | | | | — | | | | — | | | | 28,000 | |
Michael S. Barish | | | | | | | | | | | 44,474 | | | | 6,315 | | | | 11,928 | |
Frederick L. Betz and Cynthia A. Betz, JTWROS | | | — | | | | — | | | | — | | | | — | | | | 6,000 | |
RBC Dain Rauscher Cust FBO Frederick L. Betz IRA | | | — | | | | — | | | | — | | | | — | | | | 9,500 | |
Charles Schwab & Co. Cust FBO John A. Beyer IRA | | | — | | | | — | | | | — | | | | — | | | | 5,882 | |
Thomas M. Bies and Edith C. Bies, JTWROS | | | — | | | | — | | | | — | | | | — | | | | 5,882 | |
Gerry Black | | | — | | | | — | | | | — | | | | — | | | | 5,882 | |
Brent G. Blackey | | | — | | | | — | | | | — | | | | — | | | | 5,900 | |
Pensco Trust Company Cust FBO Michael J. Bogart IRA | | | — | | | | — | | | | — | | | | — | | | | 4,900 | |
William Bold | | | — | | | | — | | | | — | | | | — | | | | 3,600 | |
John R. Borrell | | | 23,000 | | | | — | | | | — | | | | — | | | | 11,764 | |
Robert Brady | | | — | | | | — | | | | — | | | | — | | | | 9,000 | |
Larry Brandt and Judy Brandt JTWROS | | | 12,500 | (2) | | | — | | | | 8,943 | | | | 1,270 | | | | 4,120 | |
David Brink | | | 40,000 | | | | — | | | | 10,260 | | | | 1,457 | | | | 17,000 | |
Gerald F. Bubnick | | | — | | | | — | | | | — | | | | — | | | | 2,942 | |
Brian P. Burns, Jr. | | | — | | | | — | | | | — | | | | — | | | | 7,500 | |
Marlyn and Margaret Buss, Ttees, Marlyn and Margaret Buss Rev. Living Trust | | | 6,000 | | | | — | | | | — | | | | — | | | | 5,882 | |
Wedbush Morgan Securities Cust FBO Richard E. Bye IRA | | | — | | | | — | | | | — | | | | — | | | | 7,050 | |
Timothy Byrne and Sandra Byrne, Trustees, Byrne Family Trust | | | — | | | | — | | | | — | | | | — | | | | 5,882 | |
Christopher Campbell | | | — | | | | — | | | | — | | | | — | | | | 2,941 | |
H. Daniel Caparo | | | — | | | | — | | | | — | | | | — | | | | 5,882 | |
2
| | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | No. of | | | | | | No. of |
| | | | | | No. of Option/ | | Shares of | | No. of | | Shares of |
| | No. of Shares | | Warrant | | Series A | | Series A | | Series A-1 |
| | of Common | | Common | | Preferred | | Warrant | | Preferred |
Investor | | Stock | | Shares | | Stock | | Shares | | Stock |
Charles Schwab & Co., Inc. Cust FBO Franklin G. Capitanini IRA | | | — | | | | — | | | | — | | | | — | | | | 5,800 | |
Joseph Anthony Cardenas | | | — | | | | — | | | | — | | | | — | | | | 29,400 | |
Curtis L. Carlson Family Foundation | | | — | | | | — | | | | 43,783 | | | | 6,217 | | | | 29,414 | |
Charles Schwab & Co., Inc. Cust FBO Steven W. Carter IRA | | | — | | | | — | | | | — | | | | — | | | | 5,882 | |
CAVA Partners, LLC | | | — | | | | — | | | | — | | | | — | | | | 5,882 | |
John F. Cavanaugh | | | — | | | | — | | | | — | | | | — | | | | 3,000 | |
Vijay T. Char | | | — | | | | — | | | | — | | | | — | | | | 5,882 | |
Scott Chase | | | — | | | | — | | | | — | | | | — | | | | 17,647 | |
Richard J. Cherry and JoAnn Cherry, JTWROS | | | — | | | | — | | | | — | | | | — | | | | 2,942 | |
George Jean Chilazi | | | — | | | | — | | | | — | | | | — | | | | 6,777 | |
Charles Schwab & Co., Inc. Cust FBO Bruce A. Church IRA | | | — | | | | — | | | | — | | | | — | | | | 5,882 | |
Pershing LLC Custodian FBO Walter Douglas Clark IRA | | | 19,000 | (3) | | | — | | | | — | | | | — | | | | 5,882 | |
David E. Cohen, M.D. | | | — | | | | — | | | | — | | | | — | | | | 5,884 | |
Sean Collins | | | — | | | | — | | | | — | | | | — | | | | 11,765 | |
Wachovia Securities Cust FBO Sean Collins IRA | | | — | | | | — | | | | — | | | | — | | | | 12,941 | |
Tom Correia | | | — | | | | — | | | | — | | | | — | | | | 5,882 | |
Ralph D. Crawford | | | — | | | | — | | | | — | | | | — | | | | 11,750 | |
Carla C. Dahl | | | — | | | | — | | | | — | | | | — | | | | 590 | |
Thomas P. Davis, MD | | | — | | | | — | | | | — | | | | — | | | | 5,882 | |
Keith Donnan | | | — | | | | — | | | | — | | | | — | | | | 5,882 | |
Peter S. Dougan, M.D. | | | — | | | | — | | | | — | | | | — | | | | 2,941 | |
Charles Schwab & Co., Inc. Cust FBO Mark W. DuPont IRA | | | — | | | | — | | | | — | | | | — | | | | 6,000 | |
Keith M. Eastman | | | — | | | | — | | | | — | | | | — | | | | 4,000 | |
Joane Evans and Lyell Evans JTWROS | | | — | | | | — | | | | — | | | | — | | | | 2,942 | |
Ryan E. Evans | | | — | | | | — | | | | — | | | | — | | | | 5,883 | |
Gary Jay Fishbein, MD | | | — | | | | — | | | | — | | | | — | | | | 6,000 | |
Jeffrey Fleming | | | — | | | | — | | | | — | | | | — | | | | 2,942 | |
James Flynn | | | — | | | | — | | | | — | | | | — | | | | 5,882 | |
Linda M. Foster | | | — | | | | — | | | | 17,890 | | | | 2,540 | | | | 2,404 | |
Michael D. Fugit, M.D. | | | — | | | | — | | | | — | | | | — | | | | 2,941 | |
Michael Furlong | | | — | | | | — | | | | — | | | | — | | | | 5,882 | |
Geoffrey T. Gainor | | | — | | | | — | | | | — | | | | — | | | | 5,882 | |
Dennis R. Gancarz | | | — | | | | — | | | | — | | | | — | | | | 5,882 | |
GDN Holdings, LLC | | | 49,167 | | | | 2,000 | | | | 131,349 | | | | 18,652 | | | | 41,913 | |
Kenneth L. Gibbs, MD and Beverly T. Gibbs JTWROS | | | — | | | | — | | | | — | | | | — | | | | 2,950 | |
Scott Kean Goodman | | | 23,000 | | | | — | | | | — | | | | — | | | | 19,059 | |
UBS Financial Services, Inc. Cust FBO R. Hunt Greene IRA | | | 13,500 | (3) | | | — | | | | — | | | | — | | | | 6,500 | |
3
| | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | No. of | | | | | | No. of |
| | | | | | No. of Option/ | | Shares of | | No. of | | Shares of |
| | No. of Shares | | Warrant | | Series A | | Series A | | Series A-1 |
| | of Common | | Common | | Preferred | | Warrant | | Preferred |
Investor | | Stock | | Shares | | Stock | | Shares | | Stock |
Daniel Patrick Greenleaf and Diane Francis Greenleaf | | | — | | | | — | | | | — | | | | — | | | | 10,000 | |
Barry K. Griffith | | | — | | | | — | | | | — | | | | — | | | | 18,750 | |
Edith Guglielmi | | | — | | | | — | | | | — | | | | — | | | | 7,060 | |
David J. Gunther | | | — | | | | — | | | | — | | | | — | | | | 2,941 | |
Rob Hadley | | | — | | | | — | | | | — | | | | — | | | | 2,941 | |
Fiserv ISS & Co. Cust FBO Rob Hadley IRA | | | — | | | | — | | | | — | | | | — | | | | 5,882 | |
Scott Robert Hannum | | | — | | | | — | | | | — | | | | — | | | | 11,764 | |
Scott Merle Hanson | | | — | | | | — | | | | — | | | | — | | | | 600 | |
Steven J. Healy | | | — | | | | — | | | | 8,815 | | | | 1,252 | | | | 9,431 | |
Syntel, LLC Profit Sharing Plan FBO Alfred Harry Herget, Alfred Harry Herget, Trustee | | | — | | | | — | | | | — | | | | — | | | | 5,882 | |
Richard R. Heuser and Sharon L. Heuser, Trustees, R&S Trust dated 8/3/99 | | | 14,000 | (4) | | | — | | | | — | | | | — | | | | 5,882 | |
Charles Schwab & Co., Inc. Cust FBO David Richard Hewitt IRA | | | — | | | | — | | | | — | | | | — | | | | 13,000 | |
Robert C. Hinckle | | | — | | | | — | | | | — | | | | — | | | | 17,647 | |
William Hoffman and Lilia Helen Hoffman JTWROS | | | — | | | | — | | | | — | | | | — | | | | 5,882 | |
Jeremy Houseman | | | — | | | | — | | | | — | | | | — | | | | 2,942 | |
Derek J. Howe | | | 6,500 | | | | — | | | | — | | | | — | | | | 8,000 | |
Wende S. Hutton, Trustee, Hutton Living Trust dtd 12/10/96 | | | — | | | | — | | | | — | | | | — | | | | 5,882 | |
Innovasc, LLC | | | — | | | | — | | | | — | | | | — | | | | 4,500 | |
Michael Iovanni and Linda Iovanni, JTWROS | | | — | | | | — | | | | — | | | | — | | | | 2,941 | |
Andrew J. Iseman and Shelly D. Iseman JTWROS | | | — | | | | — | | | | 17,657 | | | | 2,407 | | | | 7,108 | |
ITX International Equity Corp. | | | — | | | | — | | | | 350,263 | | | | 49,737 | | | | 47,079 | |
Sean Janzer | | | 10,000 | | | | — | | | | — | | | | — | | | | 11,765 | |
Sara Jay | | | — | | | | — | | | | — | | | | — | | | | 5,900 | |
Takemito Jimbo | | | — | | | | — | | | | — | | | | — | | | | 11,765 | |
Charles David Joffe, MD | | | — | | | | — | | | | — | | | | — | | | | 6,000 | |
Darla R. Johnson and John A. Beyer JTWROS | | | — | | | | — | | | | — | | | | — | | | | 3,529 | |
Elias H. Kassab | | | — | | | | — | | | | — | | | | — | | | | 5,882 | |
Salva Kassab and Suha Kassab JTWROS | | | — | | | | — | | | | — | | | | — | | | | 3,529 | |
KD Holding, Inc. | | | — | | | | — | | | | — | | | | — | | | | 6,000 | |
Puneet K. Khanna and Monica Khanna JTWROS | | | — | | | | — | | | | — | | | | — | | | | 17,647 | |
Yazan Khatib | | | — | | | | — | | | | — | | | | — | | | | 2,941 | |
Farhad Khosravi, Ttee, Farhad Khosravi and Flora Shirzad Khosravi Trust U/A | | | — | | | | — | | | | — | | | | — | | | | 5,882 | |
Bertram W. Klein | | | — | | | | — | | | | — | | | | — | | | | 10,000 | |
4
| | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | No. of | | | | | | No. of |
| | | | | | No. of Option/ | | Shares of | | No. of | | Shares of |
| | No. of Shares | | Warrant | | Series A | | Series A | | Series A-1 |
| | of Common | | Common | | Preferred | | Warrant | | Preferred |
Investor | | Stock | | Shares | | Stock | | Shares | | Stock |
E*Trade as Cust FBO Joseph F. Koziol IRA | | | — | | | | — | | | | — | | | | — | | | | 5,883 | |
Al Kraus and Eileen Kraus JTWROS | | | — | | | | — | | | | — | | | | — | | | | 8,825 | |
Al Kraus | | | — | | | | — | | | | — | | | | — | | | | 2,942 | |
David Kraus, M.D. | | | — | | | | — | | | | — | | | | — | | | | 3,000 | |
Scott Kraus | | | 7,400 | | | | — | | | | — | | | | — | | | | 22,600 | |
John T. Kuzara | | | — | | | | — | | | | — | | | | — | | | | 5,882 | |
Habib John Lahlouh | | | — | | | | — | | | | — | | | | — | | | | 6,000 | |
David Lamadrid | | | — | | | | — | | | | — | | | | — | | | | 2,942 | |
Aaron Lew | | | — | | | | — | | | | — | | | | — | | | | 17,000 | |
MLPF&S Cust FBO Aaron Lew IRA | | | — | | | | — | | | | — | | | | — | | | | 23,529 | |
Robert Lindmeier and Sheryl Lindmeier | | | — | | | | — | | | | — | | | | — | | | | 11,764 | |
William Andrew Lindmeier and Susan J. Lindmeier JTWROS | | | — | | | | — | | | | — | | | | — | | | | 5,000 | |
Wells Fargo Bank, N.A. as Trustee of the Donald M. Longlet Rev Tr | | | — | | | | — | | | | — | | | | — | | | | 11,764 | |
Louis Lopez, MD | | | — | | | | — | | | | — | | | | — | | | | 11,765 | |
Richard A. Lotti | | | — | | | | — | | | | — | | | | — | | | | 5,882 | |
Jonathan K. Lubkert | | | — | | | | — | | | | — | | | | — | | | | 600 | |
Kenneth H. Lubkert and Elizabeth R. Lubkert JTWROS | | | — | | | | — | | | | — | | | | — | | | | 4,706 | |
Satyaprakash Makam | | | — | | | | — | | | | — | | | | — | | | | 5,882 | |
Louis Manfredo and Genevieve Manfredo JTWROS | | | — | | | | — | | | | — | | | | — | | | | 2,942 | |
Carol A. Martin, Sole Trustee, Martin Family Revocable Trust | | | — | | | | — | | | | — | | | | — | | | | 5,882 | |
Lynne Martin and Tevis P. Martin III | | | — | | | | — | | | | — | | | | — | | | | 1,200 | |
Maverick Fund, L.D.C. | | | — | | | | — | | | | 770,212 | | | | 109,370 | | | | 103,524 | |
Maverick Fund USA, Ltd. | | | — | | | | — | | | | 310,952 | | | | 44,155 | | | | 41,795 | |
Maverick Fund II, Ltd. | | | — | | | | — | | | | 670,149 | | | | 95,161 | | | | 90,075 | |
MaxBee Holding Company LLC | | | — | | | | — | | | | — | | | | — | | | | 5,882 | |
Gary McCord | | | 25,000 | | | | — | | | | — | | | | — | | | | 17,647 | |
Christopher W. McNeill | | | — | | | | — | | | | — | | | | — | | | | 5,882 | |
John J. Mehalchin | | | 101,984 | | | | 11,250 | | | | — | | | | — | | | | 11,765 | |
Jacob P. Mercer | | | — | | | | — | | | | — | | | | — | | | | 3,000 | |
Mitsui & Co. Venture Partners II, LP | | | — | | | | — | | | | 675,148 | | | | 95,871 | | | | 117,647 | |
Amir Motarjeme, Trustee, Amir Motarjeme Profit Sharing Plan FBO Amir Motarjeme | | | 9,800 | (3) | | | — | | | | — | | | | — | | | | 5,882 | |
Padmini Natarajan and B. R. Natarajan JTWROS | | | — | | | | — | | | | — | | | | — | | | | 5,882 | |
Fiserv ISS & Co. Cust FBO Thomas P. Neslund IRA | | | — | | | | — | | | | — | | | | — | | | | 5,882 | |
Thomas P. Neslund | | | — | | | | — | | | | — | | | | — | | | | 2,941 | |
Hajime Oshita | | | — | | | | — | | | | — | | | | — | | | | 2,400 | |
5
| | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | No. of | | | | | | No. of |
| | | | | | No. of Option/ | | Shares of | | No. of | | Shares of |
| | No. of Shares | | Warrant | | Series A | | Series A | | Series A-1 |
| | of Common | | Common | | Preferred | | Warrant | | Preferred |
Investor | | Stock | | Shares | | Stock | | Shares | | Stock |
Marco Ovikian and Catherine Ovikian, JTWROS | | | — | | | | — | | | | — | | | | — | | | | 8,823 | |
Ashish Pal | | | — | | | | — | | | | — | | | | — | | | | 30,000 | |
Tom Pardubeck | | | — | | | | — | | | | — | | | | — | | | | 3,000 | |
Daryl L. Peterman | | | — | | | | — | | | | 1,027 | | | | 146 | | | | 5,000 | |
Loyal M. Peterman, Jr. | | | 25,000 | | | | — | | | | 20,564 | | | | 2,920 | | | | 16,124 | |
John N. Phillips | | | — | | | | — | | | | — | | | | — | | | | 5,882 | |
Cassandra Piippo | | | — | | | | — | | | | — | | | | — | | | | 589 | |
Pinnacle Investment Group, LLC | | | — | | | | — | | | | — | | | | — | | | | 9,000 | |
Sridhar Prativadi | | | — | | | | — | | | | — | | | | — | | | | 5,882 | |
Rolando E. Prieto | | | — | | | | — | | | | — | | | | — | | | | 2,941 | |
Dave B. Radovich | | | 5,000 | | | | 500 | | | | 7,203 | | | | 1,023 | | | | 25,169 | |
Robert K. Ranum | | | 500 | | | | — | | | | — | | | | — | | | | 2,941 | |
Ambika Ravindran | | | — | | | | — | | | | — | | | | — | | | | 12,000 | |
Redmile Capital, LP | | | — | | | | — | | | | — | | | | — | | | | 7,569 | |
Redmile Ventures, LLC | | | — | | | | — | | | | — | | | | — | | | | 5,882 | |
Redmile Capital Offshore, Ltd. | | | — | | | | — | | | | — | | | | — | | | | 27,725 | |
Michael Reilly and Lisa Reilly | | | — | | | | — | | | | — | | | | — | | | | 11,764 | |
Ronald Reuss and Rita Reuss JTWROS | | | — | | | | — | | | | — | | | | — | | | | 3,000 | |
Stacey Rickert | | | — | | | | — | | | | — | | | | — | | | | 10,000 | |
Benjamin S. Rinkey | | | 20,000 | | | | — | | | | — | | | | — | | | | 4,000 | |
Caleb Rivera | | | — | | | | — | | | | — | | | | — | | | | 2,940 | |
Edward Todd Robbins | | | — | | | | — | | | | — | | | | — | | | | 2,941 | |
Cecilia S. Roberts, Trustee David K. Roberts Residuary Trust | | | — | | | | — | | | | — | | | | — | | | | 21,200 | |
David K. Roberts | | | — | | | | — | | | | — | | | | — | | | | 11,800 | |
Todd A. Roberts and Debra D. Roberts | | | — | | | | — | | | | — | | | | — | | | | 5,882 | |
Peter Lars Runquist | | | — | | | | — | | | | — | | | | — | | | | 5,882 | |
Paul W. Schaffer | | | — | | | | — | | | | 10,216 | | | | 1,451 | | | | 20,000 | |
James W. Schlesing and Dona Connelly | | | — | | | | — | | | | — | | | | — | | | | 7,059 | |
Marc S. Schwartzberg | | | — | | | | — | | | | — | | | | — | | | | 2,941 | |
Gary M. Scott and Malisa M. Scott, Ttees of the Gary and Malisa Scott Rev Trust | | | — | | | | — | | | | — | | | | — | | | | 29,500 | |
R. Randolph Scott | | | — | | | | — | | | | — | | | | — | | | | 5,882 | |
Gino J. Sedillo, MD | | | 9,800 | | | | — | | | | — | | | | — | | | | 5,882 | |
David Shaskey | | | — | | | | — | | | | — | | | | — | | | | 5,882 | |
Pamela Shaw and James Shaw JTWROS | | | — | | | | — | | | | — | | | | — | | | | 5,882 | |
Neil J. Sheehan | | | — | | | | — | | | | — | | | | — | | | | 2,000 | |
Chiemsee Money Purchase Plan, dtd 03/11/97, FBO Robert T. Shepard | | | — | | | | — | | | | — | | | | — | | | | 6,000 | |
Robert Shepard and Celia Shepard, Ttees of the Shepard Family Trust dated 2/1/99 | | | — | | | | — | | | | — | | | | — | | | | 6,000 | |
6
| | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | No. of | | | | | | No. of |
| | | | | | No. of Option/ | | Shares of | | No. of | | Shares of |
| | No. of Shares | | Warrant | | Series A | | Series A | | Series A-1 |
| | of Common | | Common | | Preferred | | Warrant | | Preferred |
Investor | | Stock | | Shares | | Stock | | Shares | | Stock |
Harvinder Paul Singh, MD | | | — | | | | — | | | | — | | | | — | | | | 5,882 | |
Kevin Spanier | | | 22,500 | (5) | | | 2,000 | (5) | | | — | | | | — | | | | 1,200 | |
Kathleen A. Stauter | | | — | | | | — | | | | — | | | | — | | | | 1,775 | |
Steven Mendelow, Trustee, Teledata Financial Services Corp. Profit Shar Plan | | | 12,500 | | | | — | | | | — | | | | — | | | | 23,529 | |
Charles Schwab & Co., Inc. Cust FBO Robert J. Thatcher IRA | | | — | | | | — | | | | — | | | | — | | | | 12,000 | |
Kimberley J. Thomas and A. Conrade Thomas JTWROS | | | — | | | | — | | | | — | | | | — | | | | 5,890 | |
TMP, LLLP | | | 106,550 | | | | 6,000 | | | | 53,217 | | | | 7,557 | | | | 56,768 | |
Top Medical Holding B.V. | | | — | | | | — | | | | — | | | | — | | | | 4,000 | |
Leslie Trigg and Michael Trigg, Trustees, Trigg Family Trust | | | — | | | | — | | | | — | | | | — | | | | 2,942 | |
Edwin C. Tyska | | | — | | | | — | | | | — | | | | — | | | | 11,765 | |
Hector J. Vasquez and Sandra L. Vasquez | | | — | | | | — | | | | — | | | | — | | | | 3,000 | |
Greg Vella and Michelle Vella, Ttees, Greg Vella and Michelle Vella Family Tr | | | — | | | | — | | | | — | | | | — | | | | 5,882 | |
Chris Vieira | | | — | | | | — | | | | — | | | | — | | | | 4,588 | |
Douglas A. Waldo, MD | | | — | | | | — | | | | — | | | | — | | | | 3,000 | |
Joseph A. Wasselle and Stacie Poole | | | — | | | | — | | | | — | | | | — | | | | 2,941 | |
Charles Schwab & Co., Inc. Cust FBO Burton M. Waxman IRA | | | — | | | | — | | | | — | | | | — | | | | 7,058 | |
Wellspring Capital | | | — | | | | — | | | | — | | | | — | | | | 176,470 | |
Wellspring Management, LLC | | | — | | | | — | | | | — | | | | — | | | | 58,823 | |
Martin F. Whalen | | | — | | | | — | | | | — | | | | — | | | | 5,882 | |
Fiserv ISS & Co. Cust FBO Kimberly Williamson IRA | | | — | | | | — | | | | — | | | | — | | | | 5,882 | |
Steven Wishnia | | | — | | | | — | | | | — | | | | — | | | | 3,000 | |
Sharon T. Wooster | | | — | | | | — | | | | — | | | | — | | | | 2,941 | |
| | |
(1) | | Held jointly with Betty Adrian. |
|
(2) | | Includes 4,167 shares held individually. |
|
(3) | | Held individually. |
|
(4) | | Held in two IRA accounts. |
|
(5) | | Held jointly with Bonnie Spanier. |
| 4. | | This Amendment No. 2 may be executed in any number of original or facsimile counterparts, and each such counterpart hereof shall be deemed to be an original instrument, but all such counterparts together shall constitute but one agreement. Any counterpart or other signature to this Amendment No. 2 that is delivered by facsimile shall be deemed for all purposes as constituting good and valid execution and delivery by such party of this Amendment No. 2. |
7
| 5. | | Except as set forth herein, all other terms and conditions of the Stockholders Agreement remain the same. |
[REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]
8
IN WITNESS WHEREOF, the parties hereto have executed this Amendment No. 2 to Stockholders Agreement effective the date first written above.
| | | | |
| COMPANY
CARDIOVASCULAR SYSTEMS, INC. | |
| By: | /s/ James E. Flaherty | |
| | Name: | James E. Flaherty | |
| | Title: | Chief Financial Officer | |
|
9
| | | | |
IN WITNESS WHEREOF, the parties hereto have executed this Amendment No. 2 to Stockholders Agreement effective the date first written above. |
| | | | | | | | | | |
HOLDERS | | | | | | | | |
| | | | | | | | | | |
APPLECREST PARTNERS LTD PARTNERSHIP | | | | LEHMKUHL FAMILY LIMITED PARTNERSHIP | | |
| | | | | | | | | | |
By: | | /s/ Gary M. Petrucci | | | | By: | | /s/ Larry A. Lehmkuhl | | |
| | Name: Gary M. Petrucci | | | | | | Name: Larry A. Lehmkuhl | | |
| | Title: General Partner | | | | | | Title: General Partner | | |
| | | | | | | | | | |
/s/ Gary M. Petrucci | | | | /s/ Larry A. Lehmkuhl | | |
| | | | | | |
Gary M. Petrucci | | | | Larry A. Lehmkuhl | | |
| | | | | | | | | | |
/s/ James E. Flaherty | | | | /s/ Judith L. Flaherty | | |
| | | | | | |
James E. Flaherty | | | | Judith L. Flaherty | | |
| | | | | | | | | | |
GDN HOLDINGS, LLC | | | | SONORA WEB LIMITED LIABILITY PARTNERSHIP |
| | | | | | | | | | |
By: | | /s/ Glen D. Nelson | | | | By: | | /s/ Roger J. Howe | | |
| | | | | | | | | | |
| | Name: Glen D. Nelson | | | | | | Name: Roger J. Howe | | |
| | Title: Member | | | | | | Title: | | |
| | | | | | | | | | |
/s/ Geoffrey O. Hartzler | | | | /s/ Roger J. Howe | | |
| | | | | | |
Geoffrey O. Hartzler, individually and as Trustee, Geoffrey O. Hartzler Rev. Trust dtd 1/8/97, as amended | | | | Roger J. Howe, Ph. D. | | |
| | | | | | | | | | |
/s/ Michael J. Kallok | | | | | | | | |
| | | | | | | | |
Michael J. Kallok | | | | | | | | |
10
IN WITNESS WHEREOF, the parties hereto have executed this Amendment No. 2 to Stockholders Agreement effective the date first written above.
| | | | | | |
| | INVESTORS | | |
| | | | | | |
| | EASTON HUNT CAPITAL PARTNERS, L.P. | | |
| | | | | | |
| | By: EHC GP, L.P. its General Partner | | |
| | By: EHC GP, Inc., its General Partner | | |
| | | | | | |
| | By: | | /s/ John H. Friedman Name: John H. Friedman | | |
| | | | Title: President | | |
| | | | | | |
| | EASTON CAPITAL PARTNERS, LP | | |
| | | | | | |
| | By: ECP GP, LLC | | |
| | By: ECP GP, Inc., its Manager | | |
| | | | | | |
| | By: | | /s/ John H. Friedman Name: John H. Friedman | | |
| | | | Title: President | | |
11
IN WITNESS WHEREOF, the parties hereto have executed this Amendment No. 2 to Stockholders Agreement effective the date first written above.
| | | | | | |
| | INVESTORS | | |
| | | | | | |
| | MAVERICK FUND, L.D.C. | | |
|
| | By: Maverick Capital, Ltd. Its Investment Advisor | | |
| | | | | | |
| | By: | | /s/ John T. McCafferty Name: John T. McCafferty | | |
| | | | Title: Limited Partner and General Counsel | | |
| | | | | | |
| | MAVERICK FUND USA, LTD. | | |
| | | | | | |
| | By: Maverick Capital, Ltd. Its Investment Advisor | | |
| | | | | | |
| | By: | | /s/ John T. McCafferty | | |
| | | | | | |
| | | | Name: John T. McCafferty | | |
| | | | Title: Limited Partner and General Counsel | | |
| | | | | | |
| | MAVERICK FUND II, LTD. | | |
| | | | | | |
| | By: Maverick Capital, Ltd. Its Investment Advisor | | |
| | | | | | |
| | By: | | /s/ John T. McCafferty | | |
| | | | | | |
| | | | Name: John T. McCafferty | | |
| | | | Title: Limited Partner and General Counsel | | |
12
IN WITNESS WHEREOF, the parties hereto have executed this Amendment No. 2 to Stockholders Agreement effective the date first written above.
| | | | |
| INVESTORS
SERIES A-1 CONVERTIBLE PREFERRED INVESTORS |
| By: | /s/ James E. Flaherty | |
| | James E. Flaherty, as Attorney-in-Fact for the Series A-1 Convertible Preferred Investors named on Exhibit A hereto | |
13
EXHIBIT A
SERIES A-1 CONVERTIBLE PREFERRED INVESTORS
|
Abrasive Technology, Inc. |
Profit Sharing Plan |
Michael Adrian |
Mark R. Alvig |
Shahla Amiri |
Anthony Angelini |
Michael J. Antonello |
Massoud Arbabzadeh, MD |
Naoum Baladi |
Michael S. Barish |
Frederick L. Betz and |
Cynthia A. Betz, JTWROS |
RBC Dain Rauscher Cust |
FBO Frederick L. Betz IRA |
Charles Schwab & Co. Cust |
FBO John A. Beyer IRA |
Thomas M. Bies and |
Edith C. Bies, JTWROS |
Gerry Black |
Brent G. Blackey |
Pensco Trust Company Cust |
FBO Michael J. Bogart IRA |
William Bold |
John R. Borrell |
Robert Brady |
Larry Brandt and |
Judy Brandt JTWROS |
David Brink |
Gerald F. Bubnick |
Brian P. Burns, Jr. |
Marlyn and Margaret Buss, |
Ttees, Marlyn and Margaret |
Buss Rev. Living Trust |
Wedbush Morgan Securities |
Cust FBO Richard E. Bye IRA |
Timothy Byrne and Sandra Byrne, Trustees, Byrne Family Trust |
Christopher Campbell |
H. Daniel Caparo |
Charles Schwab & Co., Inc. Cust |
FBO Franklin G. Capitanini IRA |
Joseph Anthony Cardenas |
Curtis L. Carlson Family |
Foundation |
Charles Schwab & Co., Inc. |
Cust FBO Steven W. Carter IRA |
CAVA Partners, LLC |
John F. Cavanaugh |
Vijay T. Char |
Scott Chase |
|
Richard J. Cherry and |
JoAnn Cherry, JTWROS |
George Jean Chilazi |
Charles Schwab & Co., Inc. Cust |
FBO Bruce A. Church IRA |
Pershing LLC Custodian |
FBO Walter Douglas Clark IRA |
David E. Cohen, M.D. |
Sean Collins |
Wachovia Securities Cust |
FBO Sean Collins IRA |
Tom Correia |
Ralph D. Crawford |
Carla C. Dahl |
Thomas P. Davis, MD |
Keith Donnan |
Peter S. Dougan, M.D. |
Charles Schwab & Co., Inc. Cust |
FBO Mark W. DuPont IRA |
Keith M. Eastman |
Joane Evans and |
Lyell Evans JTWROS |
Ryan E. Evans |
Gary Jay Fishbein, MD |
Jeffrey Fleming |
James Flynn |
Linda M. Foster |
Michael D. Fugit, M.D. |
Michael Furlong |
Geoffrey T. Gainor |
Dennis R. Gancarz |
GDN Holdings, LLC |
Kenneth L. Gibbs, MD and |
Beverly T. Gibbs JTWROS |
Scott Kean Goodman |
UBS Financial Services, Inc. Cust |
FBO R. Hunt Greene IRA |
Daniel Patrick Greenleaf and |
Diane Francis Greenleaf |
Barry K. Griffith |
Edith Guglielmi |
David J. Gunther |
Rob Hadley |
Fiserv ISS & Co. Cust |
FBO Rob Hadley IRA |
Scott Robert Hannum |
Scott Merle Hanson |
Steven J. Healy |
Syntel, LLC Profit Sharing Plan |
FBO Alfred Harry Herget, Alfred |
Harry Herget, Trustee |
14
|
Richard R. Heuser and Sharon L. |
Heuser, Trustees, R&S Trust dated 8/3/99 |
Charles Schwab & Co., Inc. Cust |
FBO David Richard Hewitt IRA |
Robert C. Hinckle |
William Hoffman and |
Lilia Helen Hoffman JTWROS |
Jeremy Houseman |
Derek J. Howe |
Wende S. Hutton, Trustee, |
Hutton Living Trust dtd 12/10/96 |
Innovasc, LLC |
Michael Iovanni and |
Linda Iovanni, JTWROS |
Andrew J. Iseman and |
Shelly D. Iseman JTWROS |
ITX International Equity Corp. |
Sean Janzer |
Sara Jay |
Takemito Jimbo |
Charles David Joffe, MD |
Darla R. Johnson and |
John A. Beyer JTWROS |
Elias H. Kassab |
Salva Kassab and |
Suha Kassab JTWROS |
KD Holding, Inc. |
Puneet K. Khanna and |
Monica Khanna JTWROS |
Yazan Khatib |
Farhad Khosravi, Ttee, Farhad Khosravi and Flora Shirzad Khosravi Trust U/A |
Bertram W. Klein |
E*Trade as Cust |
FBO Joseph F. Koziol IRA |
Al Kraus and |
Eileen Kraus JTWROS |
Al Kraus |
David Kraus, M.D. |
Scott Kraus |
John T. Kuzara |
Habib John Lahlouh |
David Lamadrid |
Aaron Lew |
MLPF&S Cust FBO Aaron Lew IRA |
Robert Lindmeier and Sheryl Lindmeier |
William Andrew Lindmeier and Susan J. Lindmeier JTWROS |
Wells Fargo Bank, N.A. as Trustee of the Donald M. Longlet Rev Tr |
Louis Lopez, MD |
Richard A. Lotti |
Jonathan K. Lubkert |
|
Kenneth H. Lubkert and Elizabeth R. Lubkert JTWROS |
Satyaprakash Makam |
Louis Manfredo and Genevieve Manfredo JTWROS |
Carol A. Martin, Sole Trustee, Martin Family Revocable Trust |
Lynne Martin and Tevis P. Martin III |
Maverick Fund, L.D.C. |
Maverick Fund USA, Ltd. |
Maverick Fund II, Ltd. |
MaxBee Holding Company LLC |
Gary McCord |
Christopher W. McNeill |
John J. Mehalchin |
Jacob P. Mercer |
Mitsui & Co. Venture Partners II, LP |
Amir Motarjeme, Trustee, Amir Motarjeme Profit Sharing Plan FBO Amir Motarjeme |
Padmini Natarajan and B. R. Natarajan JTWROS |
Fiserv ISS & Co. Cust FBO Thomas P. Neslund IRA |
Thomas P. Neslund |
Hajime Oshita |
Marco Ovikian and Catherine Ovikian, JTWROS |
Ashish Pal |
Tom Pardubeck |
Daryl L. Peterman |
Loyal M. Peterman, Jr. |
John N. Phillips |
Cassandra Piippo |
Pinnacle Investment Group, LLC |
Sridhar Prativadi |
Rolando E. Prieto |
Dave B. Radovich |
Robert K. Ranum |
Ambika Ravindran |
Redmile Capital, LP |
Redmile Ventures, LLC |
Redmile Capital Offshore, Ltd. |
Michael Reilly and Lisa Reilly |
Ronald Reuss and Rita Reuss JTWROS |
Stacey Rickert |
Benjamin S. Rinkey |
Caleb Rivera |
Edward Todd Robbins |
Cecilia S. Roberts, Trustee David K. Roberts Residuary Trust |
David K. Roberts |
Todd A. Roberts and Debra D. Roberts |
15
|
Peter Lars Runquist |
Paul W. Schaffer |
James W. Schlesing and Dona Connelly |
Marc S. Schwartzberg |
Gary M. Scott and Malisa M. Scott, Ttees of the Gary and Malisa Scott Rev Trust |
R. Randolph Scott |
Gino J. Sedillo, MD |
David Shaskey |
Pamela Shaw and James Shaw JTWROS |
Neil J. Sheehan |
Chiemsee Money Purchase Plan, dtd 03/11/97, FBO Robert T. Shepard |
Robert Shepard and Celia Shepard, Ttees of the Shepard Family Trust dated 2/1/99 |
Harvinder Paul Singh, MD |
Kevin Spanier |
Kathleen A. Stauter |
Steven Mendelow, Trustee, Teledata Financial Services Corp. Profit Shar Plan |
Charles Schwab & Co., Inc. Cust FBO Robert J. Thatcher IRA |
Kimberley J. Thomas and A. Conrade Thomas JTWROS |
TMP, LLLP |
Top Medical Holding B.V. |
Leslie Trigg and Michael Trigg, Trustees, Trigg Family Trust |
Edwin C. Tyska |
Hector J. Vasquez and Sandra L. Vasquez |
Greg Vella and Michelle Vella, Ttees, Greg Vella and Michelle Vella Family Tr |
Chris Vieira |
Douglas A. Waldo, MD |
Joseph A. Wasselle and Stacie Poole |
Charles Schwab & Co., Inc. Cust FBO Burton M. Waxman IRA |
Wellspring Capital |
Wellspring Management, LLC |
Martin F. Whalen |
Fiserv ISS & Co. Cust FBO Kimberly Williamson IRA |
Steven Wishnia |
Sharon T. Wooster |
16