EXHIBIT 10.30
FIFTH AMENDMENT TO STOCKHOLDERS' AGREEMENT
This Fifth Amendment (this "Amendment"), dated as of May 22, 2006, to the
Original Agreement (as defined below) is by and among DLJ Merchant Banking
Partners, L.P., DLJ International Partners, C.V., DLJ Offshore Partners, C.V.,
DLJ Merchant Banking Funding, Inc., DLJ Capital Corporation, DLJ First ESC,
L.P., DLJ ESC II, L.P., Sprout Growth II, L.P., Sprout Capital VII, L.P., Sprout
Capital IX, L.P., Sprout Entrepreneurs' Fund, L.P., Sprout IX Plan Investors,
L.P., Sprout CEO Fund L.P., Thomas J. Barry, Larry Cormier, Randy Fodero, Robert
Freiburghouse, Bob Gailus, N. Robert Hammer, David H. Ireland, Lou Miceli, Tom
Miller, Scotty R. Neal and CommVault Systems, Inc., a Delaware corporation.
WITNESSETH:
WHEREAS, the parties hereto previously entered into a Stockholders'
Agreement, dated as of May 22, 1996, as amended by the First Amendment thereto,
dated July 23, 1998, the Second Amendment thereto, dated November 6, 2000, the
Third Amendment thereto, dated February 14, 2002, and the Fourth Amendment
thereto, dated September 2, 2003 (as so amended, the "Original Agreement");
WHEREAS, the parties hereto desire to amend the Original Agreement to
extend certain provisions of the Original Agreement as set forth herein; and
WHEREAS, in compliance with Section 6.4(a) of the Original Agreement, this
Amendment has been approved by the Board and the signatories hereto represent
holders of at least 85% of the Fully Diluted Common Stock held by parties to the
Original Agreement.
NOW THEREFORE, the parties hereto agree that the Original Agreement shall
be amended as follows:
Section 1. Definitions. Capitalized terms used but not defined herein shall have
the meaning assigned such terms in the Original Agreement.
Section 2. Extension. Each provision of the Original Agreement that was in full
force and effect immediately prior to the execution of this Amendment, and had
not expired or terminated pursuant to its terms prior to the date hereof, shall
hereby be extended, and the rights and obligations set forth in each such
provision shall continue in full force and effect, until the earlier of (a) the
first anniversary of the date of this Amendment and (b) the consummation of an
Initial Public Offering.
Section 3. Miscellaneous.
(a) This Amendment shall be binding upon and shall inure to the benefit of
the parties to the Original Agreement.
(b) This Amendment may be executed in any number of counterparts, each of
which shall be deemed to be an original and all of which together shall be
deemed one and the same instrument.
*****
IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be
duly executed by their respective authorized officers as of, the day and year
first above written.
DLJ MERCHANT BANKING PARTNERS, L.P.
By: DLJ Merchant Banking, Inc.
Managing General Partner
By: /s/ Goerge R. Hornig
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Name: George R. Hornig
Title: Attorney-In-Fact
DLJ INTERNATIONAL PARTNERS, C.V.
By: DLJ Merchant Banking, Inc.
Advisory General Partner
By: /s/ George R. Hornig
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Name: George R. Hornig
Title: Attorney-In-Fact
DLJ OFFSHORE PARTNERS, C.V.
By: DLJ Merchant Banking, Inc.
Advisory General Partner
By: /s/ George R. Hornig
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Name: George R. Hornig
Title: Attorney-In-Fact
DLJ MERCHANT BANKING FUNDING, INC.
By: /s/ George R. Hornig
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Name: George R. Hornig
Title: President
DLJ CAPITAL CORPORATION
By: /s/ Amy Yeung
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Name: Amy Yeung
Vice President
DLJ FIRST ESC, L.P.
By: DLJ LBO Management Corporation,
its General Partner
By: /s/ George R. Hornig
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Name: George R. Hornig
Title: President
DLJ ESC II, L.P.
By: DLJ LBO Management Corporation,
its General Partner
By: /s/ George R. Hornig
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Name: George R. Hornig
Title: President
SPROUT GROWTH II, L.P.
By: DLJ Capital Corporation
Managing General Partner
By: /s/ Amy M. Yeung
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Name: Amy M. Yeung
Vice President
SPROUT CAPITAL VII, L.P.
By: DLJ Capital Corporation
Managing General Partner
By: /s/ Amy M. Yeung
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Name: Amy M. Yeung
Vice President
SPROUT CAPITAL IX, L.P.
By: DLJ Capital Corporation
Managing General Partner
By: /s/ Amy M. Yeung
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Name: Amy M. Yeung
Vice President
SPROUT IX PLAN INVESTORS, L.P.
By: DLJ Capital Corporation
Managing General Partner
By: /s/ Amy M. Yeung
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Name: Amy M. Yeung
Attorney-In-Fact
SPROUT CEO FUND L.P.
By: DLJ Capital Corporation
Managing General Partner
By: /s/ Amy M. Yeung
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Name: Amy M. Yeung
Vice President
SPROUT ENTREPRENEURS' FUND
By: DLJ Capital Corporation
Managing General Partner
By: /s/ Amy M. Yeung
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Name: Amy M. Yeung
Vice President
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THOMAS J. BARRY
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LARRY CORMIER
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RANDY FODERO
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ROBERT FREIBURGHOUSE
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BOB GAILUS
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N. ROBERT HAMMER
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DAVID H. IRELAND
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LOU MICELI
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TOM MILLER
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SCOTTY R. NEAL
COMMVAULT SYSTEMS, INC.
By: /s/ N. Robert Hammer
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Name: N. Robert Hammer
Title: President