Exhibit 4.3
R2 TECHNOLOGY, INC.
AMENDED AND RESTATED
STOCKHOLDER RIGHTS AGREEMENT
This Amended and Restated Stockholder Rights Agreement (the "Agreement") is
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effective as of December 6, 2001, by and among R2 Technology, Inc., a Delaware
corporation (the "Company"), the investors listed on Schedule A attached hereto
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(the "Investors"), and the holders of Common Stock listed on Schedule B attached
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hereto each of whom is herein referred to as a "Founder."
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WHEREAS, the Company and certain investors (the "Common Investors") are
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parties to the Common Stock Purchase Agreement dated September 1993 (the "Common
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Stock Agreement");
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WHEREAS, the Company, certain of the Common Investors and certain other
investors (the "Series A Subscription Investors") are parties to the Series A
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Preferred Stock Subscription Agreement dated January 1994 to April 1994 (the
"Series A Subscription Agreement");
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WHEREAS, the Company and certain investors (the "Series A Purchase
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Investors") are parties to the Series A-1 Preferred Stock Purchase Agreement
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dated June 2, 1994 (the "Series A Purchase Agreement");
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WHEREAS, the Company, certain of the Series A Subscription Investors and
certain other investors (the "Series B Subscription Investors") are parties to
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the Series B Preferred Stock Subscription Agreement (the "Series B Subscription
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Agreement");
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WHEREAS, the Company and certain investors (the "Series B Purchase
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Investors") are parties to the Series B-1 Preferred Stock Purchase Agreement
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dated March 8, 1996 (the "Series B Purchase Agreement");
WHEREAS, the Company was originally incorporated in the State of California
and subsequently reincorporated in the State of Delaware in November 1996;
WHEREAS, the Company and certain other investors (the "Series C Purchase
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Investors") are parties to the Series C-1 Preferred Stock Purchase Agreement
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dated January 28, 1997 (the "Series C Purchase Agreement");
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WHEREAS, the Company and certain other investors (the "Series D Purchase
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Investors) are parties to the Series D-1 Preferred Stock Purchase Agreement
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dated May 11, 1998 (the "Series D Purchase Agreement");
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WHEREAS, the Company and certain other investors (the "Series E Purchase
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Investors) are parties to the Series E-1 Preferred Stock Purchase Agreement
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dated May 14, 1999 (the "Series E Purchase Agreement");
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WHEREAS, the Company and certain other investors (the "Series F Purchase
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Investors") are parties to the Series F-1 Preferred Stock Purchase Agreement
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dated November 22, 2000 (the "Series F Purchase Agreement");
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WHEREAS, the Company and certain other investors (the "Series G Purchase
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Investors") are parties to the Series G-1 Preferred Stock Purchase Agreement of
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even date herewith (the "Series G Purchase Agreement");
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WHEREAS, the Company has granted certain of the Investors registration
rights, information rights, rights of first offer and other rights pursuant to a
Stockholder Rights Agreement dated May 14, 1999 (the "1999 Rights Agreement");
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WHEREAS, the Company has granted certain of the Investors registration
rights, information rights, rights of first offer and other rights pursuant to
the Amended and Restated Stockholder Rights Agreement dated November 22, 2000
(the "Prior Rights Agreement"); and
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WHEREAS, in order to induce the Company and certain of the Investors to
enter into the Series G Purchase Agreement, the Investors, the Founders and the
Company hereby agree to terminate the Prior Rights Agreement in its entirety and
to accept in lieu of the Prior Rights Agreement, the registration rights,
information rights, rights of first offer and other rights and obligations
provided for herein.
NOW, THEREFORE, in consideration of the foregoing premises and the mutual
promises contained herein, the parties agree as follows:
1. Registration Rights.
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1.1 Definitions. For purposes of this Section 1:
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(a) The term "register", "registered," and "registration" refer
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to a registration effected by preparing and filing a registration statement or
similar document in compliance with the Act, and the declaration or ordering of
effectiveness of such registration statement or document;
(b) The term "Registrable Securities" means (1) the Founder
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Shares, (2) the Common Stock issuable or issued upon conversion of the Preferred
Stock issued pursuant to the "Investment Agreements," (3) the Common Stock
issuable or issued upon conversion of the Preferred Stock into which the
warrants issued pursuant to the Series G Agreement may be exercised, and (4) any
Common Stock of the Company issued as (or issuable upon the conversion or
exercise of any warrant, right or other security which is issued as) a dividend
or other distribution with respect to, or in exchange for or in replacement of,
such Preferred Stock or Common Stock, excluding in all cases, however, (i) any
Registrable Securities sold by a person in a transaction in which such person's
rights under this Section 1 are not assigned, (ii) any Registrable Securities
sold to or through a broker or dealer or underwriter in a public distribution or
a public securities transaction, or (iii) any Registrable Securities which may
be sold under Rule 144 under the Securities Act during any ninety (90) day
period and which are not, during such 90-day period, subject to volume
restrictions imposed on the Holder by Rule 144;
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(c) The number of shares of "Registrable Securities then
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outstanding" shall be determined by the number of shares of Common Stock
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outstanding which are, and the number of shares of Common Stock issuable
pursuant to then exercisable or convertible securities which are, Registrable
Securities;
(d) The term "Preferred Stock" shall refer to the shares of
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Series A-1 Preferred Stock and any shares of Preferred Stock issued upon
conversion of such Series A-1 Preferred Stock, the shares of Series B-1
Preferred Stock and any shares of Preferred Stock issued upon conversion of such
Series B-1 Preferred Stock, the shares of Series C-1 Preferred Stock and any
shares of Preferred Stock issued upon conversion of such Series C-1 Preferred
Stock, the shares of Series D-1 Preferred Stock and any shares of Preferred
Stock issued upon conversion of such Series D-1 Preferred Stock, the shares of
Series E-1 Preferred Stock and any shares of Preferred Stock issued upon
conversion of such Series E-1 Preferred Stock; the shares of Series F-1
Preferred Stock and any shares of Preferred Stock issued upon conversion of such
Series F-1 Preferred Stock; and the shares of Series G-1 Preferred Stock and any
shares of Preferred Stock issued upon conversion of such Series G-1 Preferred
Stock.
(e) The term "Founder Shares" means (1) the Common Stock held by
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the Founders as of the date of this Agreement, (2) the Common Stock issuable or
issued upon conversion of Options outstanding as of June 2, 1994 and (3) any
Common Stock of the Company issued as (or issuable upon the conversion or
exercise of any warrant, right or other security which is issued as) a dividend
or other distribution with respect to, or in exchange for or in replacement of,
such Options or Common Stock;
(f) The term "Investment Agreements" shall refer to the Common
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Stock Agreement, the Series A Subscription Agreement, the Series A Purchase
Agreement, the Series B Subscription Agreement, the Series B Purchase Agreement,
the Series C Purchase Agreement, the Series D Purchase Agreement, the Series E
Purchase Agreement, the Series F Purchase Agreement and the Series G Purchase
Agreement;
(g) The term "Holder" means any person owning or having the right
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to acquire Registrable Securities or any assignee thereof in accordance with
Section 1.13 hereof,
(h) The term "Form S-Y" means such form under the Act as in
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effect on the date hereof or any registration form under the Act subsequently
adopted by the Securities and Exchange Commission (the "SEC") which permits
inclusion or incorporation of substantial information by reference to other
documents filed by the Company with the SEC; and
(i) The term "Act" shall mean the Securities Act of 1933, as
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amended.
1.2 Request for Registration.
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(a) If the Company shall receive at any time after the earlier of
(i) April 30, 2003 or (ii) three (3) months after the effective date of the
first registration statement for a public offering of securities of the Company
(other than a registration statement relating either to the sale of securities
to employees of the Company pursuant to a stock option, stock purchase or
similar plan or an SEC Rule 145 transaction), a written request from the Holders
of at least forty percent (40%) of the Registrable Securities then outstanding
(including securities
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convertible into Registrable Securities but excluding Founder Shares) that the
Company file a registration statement under the Act covering the registration of
Registrable Securities, with an anticipated aggregate offering price, net of
underwriting discounts and commissions, which would exceed $5,000,000, then the
Company shall, within ten (10) days of the receipt thereof, give written notice
of such request to all Holders (including the holders of Founder Shares) and
shall, subject to the limitations of Section 1.2(b), effect as soon as
practicable, and in any event within 90 days of the receipt of such request, the
registration under the Act of all Registrable Securities which the Holders
request to be registered within twenty (20) days of the mailing of such written
notice by the Company; provided, however, that the Company shall not be
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obligated to take any action to effect any such registration, qualification or
compliance pursuant to this Section 1.2(a):
(i) During the period starting with the date sixty (60)
days prior to the Company's estimated date of filing of, and ending on the date
120 days immediately following the effective date of, any registration statement
pertaining to securities of the Company (other than a registration of securities
in a Rule 145 transaction or with respect to an employee benefit plan), provided
that the Company is actively employing in good faith all reasonable efforts to
cause such registration statement to become effective;
(ii) After the Company has effected three such
registrations pursuant to this Section 1.2(a), and such registrations have been
declared or ordered effective; or
(iii) If the Company shall furnish to such Holders a
certificate signed by the President of the Company stating that in the good
faith judgment of the Board of Directors it would be seriously detrimental to
the Company or its stockholders for a registration statement to be filed at such
time, then the Company's obligation to use its best efforts to register, qualify
or comply under this Section 1.2(a) shall be deferred for a period not to exceed
120 days from the date of receipt of written request from the Holders; provided,
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however, that the Company may not utilize this right more than once in any
twelve-month period.
(b) If the Holders initiating the registration request hereunder
(the "Initiating Holders") intend to distribute the Registrable Securities
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covered by their request by means of an underwriting, they shall so advise the
Company as a part of their request made pursuant to this Section 1.2 and the
Company shall include such information in the written notice referred to in
Section 1.2(a). In such event, the right of any Holder to include his
Registrable Securities in such registration shall be conditioned upon such
Holder's participation in such underwriting and the inclusion of such Holder's
Registrable Securities in the underwriting (unless otherwise mutually agreed by
a majority in interest of the Initiating Holders and such Holder) to the extent
provided herein. All Holders proposing to distribute their securities through
such underwriting shall (together with the Company as provided in Section
1.4(e)) enter into an underwriting agreement in customary form with the
underwriter or underwriters selected for such underwriting by a majority in
interest of the Initiating Holders. Notwithstanding any other provision of this
Section 1.2, if the underwriter advises the Initiating Holders in writing that
marketing factors require a limitation of the number of shares to be
underwritten, then the Initiating Holders shall so advise all Holders of
Registrable Securities which would otherwise be underwritten pursuant hereto,
and the number of shares of Registrable Securities that may be included in the
underwriting (after excluding the Founder Shares) shall be allocated among all
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Holders thereof, including the Initiating Holders, in proportion (as nearly as
practicable) to the amount of Registrable Securities of the Company owned by
each Holder.
1.3 Company Registration. If (but without any obligation to do so)
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the Company proposes to register (including for this purpose a registration
effected by the Company for stockholders other than the Holders) any of its
stock or other securities under the Act in connection with the public offering
of such securities solely for cash (other than a registration relating solely to
the sale of securities to participants in a Company stock plan, or a
registration on any form which does not include substantially the same
information as would be required to be included in a registration statement
covering the sale of the Registrable Securities), the Company shall, at such
time, promptly give each Holder written notice of such registration. Upon the
written request of each Holder given within twenty (20) days after mailing of
written notice by the Company, the Company shall, subject to the provisions of
Section 1.8, cause to be registered under the Act all of the Registrable
Securities that each such Holder has requested to be registered.
1.4 Obligations of the Company. Whenever required under this Section
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1 to effect the registration of any Registrable Securities, the Company shall,
as expeditiously as reasonably possible:
(a) Prepare and file with the SEC a registration statement with
respect to such Registrable Securities and use its best efforts to cause such
registration statement to become effective, and, upon the request of the Holders
of a majority of the Registrable Securities registered thereunder, keep such
registration statement effective for up to ninety (90) days.
(b) Prepare and file with the SEC such amendments and supplements
to such registration statement and the prospectus used in connection with such
registration statement as may be necessary to comply with the provisions of the
Act with respect to the disposition of all securities covered by such
registration statement.
(c) Furnish to the Holders such numbers of copies of a
prospectus, including a preliminary prospectus, in conformity with the
requirements of the Act, and such other documents as they may reasonably request
in order to facilitate the disposition of Registrable Securities owned by them.
(d) Use its best efforts to register and qualify the securities
covered by such registration statement under such other securities or Blue Sky
laws of such jurisdictions as shall be reasonably requested by the Holders,
provided that the Company shall not be required in connection therewith or as a
condition thereto to qualify to do business or to file a general consent to
service of process in any such states or jurisdictions.
(e) In the event of any underwritten public offering, enter into
and perform its obligations under an underwriting agreement, in usual and
customary form, with the managing underwriter of such offering. Each Holder
participating in such underwriting shall also enter into and perform its
obligations under such an agreement provided that such underwriting agreement
shall not provide for indemnification or contribution obligations on the part of
the holders greater than the obligations set forth in Section 1.10(b).
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(f) Notify each Holder of Registrable Securities covered by such
registration statement at any time when a prospectus relating thereto is
required to be delivered under the Act of the happening of any event as a result
of which the prospectus included in such registration statement, as then in
effect, includes an untrue statement of a material fact or omits to state a
material fact required to be stated therein or necessary to make the statements
therein not misleading in the light of the circumstances then existing.
(g) Furnish, at the request of any Holder requesting registration
of Registrable Securities pursuant to this Section 1, on the date that such
Registrable Securities are delivered to the underwriters for sale in connection
with a registration pursuant to this, Section 1, if such securities are being
sold through underwriters, or, if such securities are not being sold through
underwriters, on the date that the registration statement with respect to such
securities becomes effective, (i) an opinion, dated such date, of the counsel
representing the Company for the purposes of such registration, in form and
substance as is customarily given to underwriters in an underwritten public
offering, addressed to the underwriters, if any, and to the Holders requesting
registration of Registrable Securities and (ii) if such offering is being
underwritten, a letter dated such date, from the independent certified public
accountants of the Company, in form and substance as is customarily given by
independent certified public accountants to underwriters in an underwritten
public offering, addressed to the underwriters.
1.5 Furnish Information. It shall be a condition precedent to the
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obligations of the Company to take any action pursuant to this Section 1 with
respect to the Registrable Securities of any selling Holder that such holder
shall furnish to the Company such information regarding itself, the Registrable
Securities held by it, and the intended method of disposition of such securities
as shall be required to effect the registration of such Holder's Registrable
Securities.
1.6 Expenses of Demand Registration. All expenses other than
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underwriting discounts and commissions incurred in connection with the
registration, filing or qualification pursuant to Section 1.2 (which right may
be assigned as provided in Section 1.13), including all registration, filing and
qualification fees, printers' and accounting fees, fees and disbursements of
counsel for the Company, and the reasonable fees and disbursements of one
counsel for the selling Holders shall be borne by the Company; provided,
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however, that the Company shall not be required to pay for any expenses of any
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registration proceeding begun pursuant to Section 1.2 if the registration
request is subsequently withdrawn at the request of the Holders of a majority of
the Registrable Securities to be registered (in which case all Holders
participating in such registration shall bear such expenses pro rata in
accordance with the number of shares sought to be registered), unless the
Holders of a majority of the Registrable Securities agree to forfeit their right
to a demand registration pursuant to Section 1.2; provided further, however,
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that if at the time of such withdrawal, the Holders have learned of a material
adverse change in the condition, business, or prospects of the Company from that
known to the Initiating Holders at the time of their request, then the Holders
shall not be required to pay any of such expenses and shall retain their rights
pursuant to Section 1.2.
1.7 Expenses of Company Registration. The Company shall bear and pay
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all expenses incurred in connection with three (3) registrations of Registrable
Securities pursuant to Section 1.3 and Section 1.12 for each Holder (which right
may be assigned as provided in
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Section 1.13), including all registration, filing, and qualification fees,
printers and accounting fees relating or apportionable thereto and the fees and
disbursements of one counsel for the selling Holders selected by them, but
excluding underwriting discounts and commissions relating to Registrable
Securities.
1.8 Underwriting Requirements. In connection with any offering
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involving an underwriting of shares being issued by the Company, the Company
shall not be required under Section 1.3 to include any of the Holders'
securities in such underwriting unless they accept the terms of the underwriting
as agreed upon between the Company and the underwriters selected by it, and then
only in such quantity as will not, in the opinion of the underwriters,
jeopardize the success of the offering by the Company; provided that such
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underwriting agreement shall not provide for indemnification or contribution
obligations on the part of the Holders greater than the obligations set forth in
Section 1.10(b). If the total amount of securities, including Registrable
Securities, requested by stockholders to be included in such offering exceeds
the amount of securities sold other than by the Company that the underwriters
reasonably believe compatible with the success of the offering, then the Company
shall be required to include in the offering only that number of such
securities, including Registrable Securities, which the underwriters believe
will not jeopardize the success of the offering (the securities so included to
be apportioned pro rata. among the selling stockholders, after excluding the
Founders Shares, according to the total amount of securities entitled to be
included therein owned by each selling stockholder or in such other proportions
as shall mutually be agreed to by such selling stockholders) but in no event
shall the number of Registrable Securities to be included in such offering be
less than 25% of the total number of securities to be included in such offering,
unless such offering is the initial public offering of the Company's Common
Stock and such initial registration does not include shares of any other selling
shareholders, in which event any or all of the Registrable Securities of the
Holders may be excluded from such offering. For purposes of apportionment, any
selling stockholder which is a Holder of Registrable Securities and which is a
partnership or corporation, the partners, retired partners and affiliates of
such Holder, or the estates and family members of any such partners and retired
partners and any trusts for the benefit of any of the foregoing persons shall be
deemed to be a single "selling stockholder", and any pro rata reduction with
respect to such "selling stockholder" shall be based upon the aggregate amount
of shares carrying registration rights owned by all entities and individuals
included in such "selling stockholder", as defined in this sentence.
1.9 Delay of Registration. No Holder shall have any right to obtain
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or seek an injunction restraining or otherwise delaying any such registration as
the result of any controversy that might arise with respect to the
interpretation or implementation of this Section 1.
1.10 Indemnification. In the event any Registrable Securities are
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included in a registration statement under this Section 1:
(a) To the extent permitted by law, the Company will indemnify
and hold harmless each Holder, officers and directors of each Holder, any
underwriter (as defined in the Act) for such Holder and each person, if any, who
controls such Holder or underwriter within the meaning of the Act or the
Securities Exchange Act of 1934, amended (the "1934 Act"), against any losses,
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claims, damages, or liabilities (joint or several) to which they may become
subject under the Act, the 1934 Act or other federal or state law, insofar as
such losses, claims,
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damages, or liabilities (or actions in respect thereof) arise out of or are
based upon any of the following statements, omissions or violations
(collectively a "Violation"): (i) any untrue statement or alleged untrue
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statement of a material fact contained in such registration statement, including
any preliminary prospectus or final prospectus contained therein or any
amendments or supplements thereto, (ii) the omission or alleged omission to
state therein a material fact required to be stated therein, or necessary to
make the statements therein not misleading, or (iii) any violation or alleged
violation by the Company of the Act, the 1934 Act, any state securities law or
any rule or regulation promulgated under the Act, the 1934 Act or any state
securities law; and the Company will pay to each such Holder, officer, director,
underwriter or controlling person, as incurred, any legal or other expenses
reasonably incurred by them in connection with investigating or defending any
such loss, claim, damage, liability, or action; provided, however, that the
indemnity agreement contained in this Section 1.10(a) shall not apply to amounts
paid in settlement of any such loss, claim, damage, liability, or action if such
settlement is effected without the consent of the Company (which consent shall
not be unreasonably withheld), nor shall the Company be liable in any such case
for any such loss, claim, damage, liability, or action to the extent that it
arises out of or is based upon a Violation which occurs in reliance upon and in
conformity with written information furnished expressly for use in connection
with such registration by any such Holder, officer, director, underwriter or
controlling person.
(b) To the extent permitted by law, each selling Holder,
severally and not jointly, will indemnify and hold harmless the Company, each of
its directors, each of its officers who has signed the registration statement,
each person, if any, who controls the Company within the meaning of the Act, any
underwriter, any other Holder selling securities in such registration statement
and any controlling person of any such underwriter or other Holder, against any
losses, claims, damages, or liabilities (joint or several) to which any of the
foregoing persons may become subject, under the Act, the 1934 Act or other
federal or state law, insofar as such losses, claims, damages, or liabilities
(or actions in respect thereto) arise out of or are based upon any Violation, in
each case to the extent (and only to the extent) that such Violation occurs in
reliance upon and in conformity with written information furnished by such
Holder expressly for use in connection with such registration; and each such
Holder, severally and not jointly, will pay, as incurred, any legal or other
expenses reasonably incurred by any person intended to be indemnified pursuant
to this Section 1.10(b), in connection with investigating or defending any such
loss, claim, damage, liability, or action; provided, however, that the indemnity
agreement contained in this Section 1.10(b) shall not apply to amounts paid in
settlement of any such loss, claim, damage, liability or action if such
settlement is effected without the consent of the Holder, which consent shall
not be unreasonably withheld; provided, that, in no event shall any indemnity
under this Section 1.10(b) exceed the net proceeds from the offering received by
such Holder.
(c) Promptly after receipt by an indemnified party under this
Section 1.10 of notice of the commencement of any action (including any
governmental action), such indemnified party will, if a claim in respect thereof
is to be made against any indemnifying party under this Section 1.10, deliver to
the indemnifying party a written notice of the commencement thereof and the
indemnifying party shall have the right to participate in, and, to the extent
the indemnifying party so desires, jointly with any other indemnifying party
similarly noticed, to assume the defense thereof with counsel mutually
satisfactory to the parties; provided, however, that an indemnified party shall
have the right to retain its own counsel, with
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the fees and expenses to be paid by the indemnifying party, if representation of
such indemnified party by the counsel retained by the indemnifying party would
be inappropriate due to actual or potential differing interests between such
indemnified party and any other party represented by such counsel in such
proceeding. The failure to deliver written notice to the indemnifying party
within a reasonable time of the commencement of any such action, if prejudicial
to its ability to defend such action, shall relieve such indemnifying party of
any liability to the indemnified party under this Section 1.10, but the omission
to so deliver written notice to the indemnifying party will not relieve it of
any liability that it may have to any indemnified party otherwise than under
this Section 1.10.
(d) If the indemnification provided for in this Section 1.10 is
held by a court of competent jurisdiction to be available to an indemnified
party with respect to any losses, claims, damages or liabilities referred to
herein, the indemnifying party, in lieu of indemnifying such indemnified party
thereunder, agrees to contribute to the amount paid or payable by such
indemnified party as a result of such loss, claim, damages or liability in such
proportion as is appropriate to reflect the relative fault of the indemnifying
party on the one hand and the indemnified party on the other hand in connection
with the Violation(s) that resulted in such loss, claim, damages or liability,
as well as any other relevant equitable considerations. The relative fault of
the indemnifying party and of the indemnified party shall be determined by a
court of law by reference to, among other things, whether the untrue or alleged
untrue statement of a material fact or the omission to state a material fact
relates to information supplied by the indemnifying party or by the indemnified
party and the parties' relative intent, knowledge, access to information and
opportunity to correct or prevent such statement or omission; provided, that in
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no event shall any contribution by a Holder hereunder exceed the net proceeds
received by such Holder upon its sale of Registrable Securities included in the
registration statement. No person guilty of fraudulent misrepresentation (within
the meaning of Section 11(f) of the Securities Act) shall be entitled to
contribution hereunder from any person who was not guilty of such fraudulent
misrepresentation.
(e) The obligations of the Company and Holders under this Section
1.10 shall survive the completion of any offering of Registrable Securities in a
registration statement under this Section 1, and otherwise.
1.11 Reports Under Securities Exchange Act of 1934. With a view to
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making available to the Holders the benefits of Rule 144 promulgated under the
Act and any other rule or regulation of the SEC that may at any time permit a
Holder to sell securities of the Company to the public without registration or
pursuant to a registration on Form S-3, the Company agrees to:
(a) make and keep public information available, as those terms
are understood and defined in SEC Rule 144, at all times after the effective
date of the first registration statement filed by the Company for the offering
of its securities to the general public;
(b) take such action, including the voluntary registration of its
Common Stock under Section 12 of the 1934 Act, as is necessary to enable the
Holders to utilize Form S-3 for the sale of their Registrable Securities, such
action to be taken as soon as practicable after the end of the fiscal year in
which the first registration statement filed by the Company for the offering of
its securities to the general public is declared effective;
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(c) file with the SEC in a timely manner all reports and other
documents required of the Company under the Act and the 1934 Act; and
(d) furnish to any Holder, so long as the Holder owns any
Registrable Securities, forthwith upon request (i) a written statement by the
Company that it has complied with the reporting requirements of SEC Rule 144 (at
any time after the effective date of the first registration statement filed by
the Company), the Act and the 1934 Act (at any time after it has become subject
to such reporting requirements), or that it qualifies as a registrant whose
securities may be resold pursuant to Form S-3 (at any time after it so
qualifies), (ii) a copy of the most recent annual or quarterly report of the
Company and such other reports and documents so filed by the Company and (iii)
such other information as may be reasonably requested in availing any Holder of
any rule or regulation of the SEC which permits the selling of any such
securities without registration or pursuant to such form.
1.12 Form S-3 Registration.
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(a) In case the Company shall receive from any Holder or Holders
who hold in excess of five percent (5%) of the Company's Registrable Securities,
a written request or requests that the Company effect a registration on Form S-3
and any related qualification or compliance with respect to all or a part of the
Registrable Securities owned by such Holder or Holders, the Company will:
(i) promptly give written notice of the proposed
registration, and any related qualification or compliance, to all other Holders;
and
(ii) as soon as practicable, effect such registration and
all such qualifications and compliances as may be so requested and as would
permit or facilitate the sale and distribution of all or such portion of such
Holder's or Holders' Registrable Securities as are specified in such request,
together with all or such portion of the Registrable Securities of any other
Holder or Holders joining in such request as are specified in a written request
given within 15 days after receipt of such written notice from the Company;
provided, however, that the Company shall not be obligated to effect any such
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registration, qualification or compliance, pursuant to this Section 1.12: (1) if
Form S-3 is not available for such offering by the Holders; (2) if the Holders,
together with the holders of any other securities of the Company entitled to
inclusion in such registration, propose to sell Registrable Securities and such
other securities (if any) at an aggregate price to the public (net of any
underwriters' discounts or commissions) of less than $2,000,000; (3) if the
Company shall furnish to the Holders a certificate signed by the President of
the Company stating that in the good faith judgment of the Board of Directors of
the Company, it would be seriously detrimental to the Company and its
stockholders for such Form S-3 Registration to be effected at such time, in
which event the Company shall have the right to defer the filing of the Form S-3
registration statement for a period of not more than 120 days after receipt of
the request of the Holder or Holders under this Section 1.12; provided, however,
--------
that the Company shall not utilize this right more than once in any twelve (12)
month period; or (4) in any particular jurisdiction in which the Company would
be required to qualify to do business or to execute a general consent to service
of process in effecting such registration, qualification or compliance.
10
(b) If the Holders initiating the registration request hereunder
(the "Initiating Holders") intend to distribute the Registrable Securities
------------------
covered by their request by means of an underwriting, they shall so advise the
Company as part of their request made pursuant to this Section 1.12 and the
Company shall include such information in the written notice referred to in
Section 1.12(a)(i). In such event, the right of any Holder to include his
Registrable Securities in such registration shall be conditioned upon such
Holder's participation in such underwriting and the inclusion of such Holder's
Registrable Securities in the underwriting (unless otherwise mutually agreed by
a majority in interest of the Initiating Holders and such Holder) to the extent
provided herein. All Holders proposing to distribute their securities through
such underwriting shall (together with the Company as provided in Section
1.4(e)) enter into an underwriting agreement in customary form with the
underwriter or underwriters selected for such underwriting by a majority in
interest of the Initiating Holders. Notwithstanding any other provision of this
Section 1.12, if the underwriter advises the Initiating Holders in writing that
marketing factors require a limitation of the number of shares to be
underwritten, then the Initiating Holders shall so advise all Holders of
Registrable Securities which would otherwise be underwritten pursuant hereto,
and the number of shares of Registrable Securities that may be included in the
underwriting shall be allocated among all Holders thereof, including the
Initiating Holders, in proportion (as nearly as practicable) to the amount of
Registrable Securities of the Company owned by each Holder.
(c) Subject to the foregoing, the Company shall file a
registration statement covering the Registrable Securities and other securities
so requested to be registered as soon as practicable after receipt of the
request or requests of the Holders. All expenses incurred in connection with a
registration requested pursuant to Section 1.12 (which right may be assigned as
provided in Section 1.13), including all registration, filing, qualification,
printer's and accounting fees and the reasonable fees and disbursements of one
counsel for the selling Holders selected by them, but excluding any
underwriters' discounts or commissions associated with Registrable Securities,
shall be borne by the Company. Registrations effected pursuant to this Section
1.12 shall not be counted as demands for registration or registrations effected
pursuant to Section 1.2 or 1.3, respectively.
1.13 Assignment of Registration Rights. The rights to cause the
---------------------------------
Company to register Registrable Securities pursuant to this Section 1 may be
assigned by a Holder to a transferee or assignee who acquires at least 250,000
shares of Registrable Securities, provided the Company is, within a reasonable
--------
time after such transfer, furnished with written notice of the name and address
of such transferee or assignee and the securities with respect to which such
registration rights are being assigned; and provided, further, that such
assignment shall be effective only if immediately following such transfer the
further disposition of such securities by the transferee or assignee is
restricted under the Act. Notwithstanding the above, such rights may be assigned
by a Holder to a limited partner, general partner or other affiliate of an
Investor (the "Transferee") regardless of the number of shares acquired by such
Transferee.
1.14 Limitations on Subsequent Registration Rights. From and after the
---------------------------------------------
date of this Agreement, the Company shall not, without the prior written consent
of the Holders of at least a majority of the outstanding Registrable Securities,
enter into any agreement with any holder or prospective holder of any securities
of the Company which would allow such holder or prospective holder to include
such securities in any registration filed under Section 1.2 or 1.3
11
hereof, unless under the terms of such agreement, such holder or prospective
holder may include such securities in any such registration only to the extent
that the inclusion of his securities will not reduce the amount of the
Registrable Securities of the Holders which is included.
1.15 "Market Stand-Off" Agreement. Each holder of securities which are
---------------------------
or at one time were Registrable Securities (or which are or were convertible
into Registrable Securities) hereby agrees that, during a period not to exceed
180 days, following the effective date of a registration statement of the
Company filed under the Act, it shall not, to the extent requested by the
Company and such underwriter, sell or otherwise transfer or dispose of (other
than to a donee who agrees to be similarly bound) any Common Stock of the
Company held by it at any time during such period except Common Stock included
in such registration; provided, however, that:
-------- -------
(a) such agreement shall be applicable only to the first such
registration statement of the Company which covers Common Stock (or other
securities) to be sold on its behalf to the public in an underwritten offering;
and
(b) all officers and directors of the Company, all stockholders
holding more than 0.5% of the outstanding Capital Stock of the Company, and all
other persons with registration rights (whether or not pursuant to this
Agreement) enter into similar agreements.
In order to enforce the foregoing covenant, the Company may impose
stop-transfer instructions with respect to the Registrable Securities of each
Investor (and the shares or securities of every other person subject to the
foregoing restriction) until the end of such period.
1.16 Termination of Registration Rights. No stockholder shall be
----------------------------------
entitled to exercise any right provided for in this Section 1 after seven (7)
years following the consummation of the sale of securities pursuant to a
registration statement filed by the Company under the Act in connection with the
initial firm commitment underwritten offering of its securities to the general
public. In addition, a stockholder's registration rights shall expire when all
Registrable Securities held by and issuable to such stockholder (and its
affiliates) may be sold under Rule 144 under the Securities Act during any
ninety (90) day period; provided, however, that the right of any Holder to
request registration or inclusion in any registration pursuant to this Section 1
shall be restored as to such Holder's Registrable Securities if such Holder may
not sell such Holder's Registrable Securities under Rule 144 during any 90-day
period due to volume restrictions imposed by Rule 144.
2. Right of First Offer.
--------------------
2.1 Grant of Right. Subject to the terms and conditions specified in
--------------
this Section 2, the Company hereby grants to each Major Investor (as hereinafter
defined) a right of first offer with respect to future sales by the Company of
its Future Shares (as hereinafter defined). A "Major Investor" shall mean any
--------------
Investor or its assignee (including any general partners and affiliates of an
Investor) who, in the aggregate, holds at least 250,000 shares of Preferred
Stock (the "Shares") (or Common Stock issued or issuable upon the conversion of
------
such Preferred Stock). A Major Investor shall be entitled to apportion the right
of first offer hereby granted among itself and its partners and affiliates in
such proportions it deems appropriate.
12
2.2 Future Shares. "Future Shares" shall mean shares of any capital
------------- -------------
stock of the Company, whether now authorized or not, and any rights, options or
warrants to purchase such capital stock, and securities of any type that are, or
may become, convertible into such capital stock; provided however, that "Future
----------------
Shares" do not include (i) the shares of Preferred Stock or the Common Stock
issued or issuable upon the conversion of such Preferred Stock, (ii) securities
offered pursuant to a registration statement filed under the Act, (iii)
securities issued pursuant to the acquisition of another corporation by the
Company by merger of, purchase of substantially all of the assets or other
reorganization, and (iv) securities issued or issuable to officers, directors,
employees or consultants of the Company pursuant to any employee or consultant
stock offering, plan or arrangement approved by the Board of Directors of the
Company.
2.3 Notice. In the event the Company proposes to offer any of its
------
Future Shares, the Company shall first make an offering of such Future Shares to
each Major Investor in accordance with the following provisions:
(a) The Company shall deliver a notice by certified mail (the
"Notice") to the Major Investors stating (i) its bona fide intention to offer
------
such Future Shares, (ii) the number of such Future Shares to be offered, (iii)
the price, if any, for which it proposes to offer such Future Shares, and (iv) a
statement as to the number of days from receipt of such Notice within which the
Investor must respond to such Notice.
(b) Within 20 calendar days after receipt of the Notice, the
Major Investor may elect to purchase or obtain, at the price and on the terms
specified in the Notice, up to that portion of such Future Shares which equals
the proportion that the number of shares of Common Stock issued and held, or
issuable upon conversion of the Shares then held, by such Major Investor bears
to the total number of shares of Common Stock issued and outstanding, including
shares issuable upon conversion of convertible securities issued and
outstanding. The Company shall promptly, in writing, inform each Major Investor
which purchases all the Future Shares available to it (the "Fully-Exercising
----------------
Investor") of any other Major Investor's failure to do likewise. During the
- --------
ten-day period commencing after receipt of such information, each Fully-
Exercising Investor shall be entitled to obtain that portion of the Future
Shares offered to the Major Investors which was not subscribed for, which is
equal to the proportion that the number of shares of Common Stock issued and
held, or issuable upon conversion of the Shares then held, by such Fully-
Exercising Investor bears to the total number of shares of Common Stock
issued and outstanding, including shares issuable upon conversion of convertible
securities issued and outstanding then held, by all Fully-Exercising Investors
who wish to purchase some of the unsubscribed shares.
2.4 Sale after Notice. If all such Future Shares referred to in the
-----------------
Notice are not elected to be obtained as provided in Section 2.3 hereof, the
Company may, during the 90-day period following the expiration of the period
provided in Section 2.3 hereof, sell the remaining unsubscribed Future Shares to
any person or persons at a price not less than, and upon terms no more favorable
to the offeree than those specified in the Notice. If the Company does not sell
such Future Shares within such period, the right provided hereunder shall be
deemed to be revived and such Future Shares shall not be offered unless first
reoffered to the Major Investors in accordance herewith.
13
2.5 Expiration. The right of first offer granted under this Section 2
----------
shall expire for each Major Investor on the date which such Major Investor no
longer holds a minimum of 250,000 shares of Preferred Stock (including any
shares of Common Stock into which shares of Preferred Stock are convertible) of
the Company.
2.6 Assignment. The right of first offer granted under this Section 2
----------
is assignable by the Major Investors to any transferee of a minimum of 250,000
shares of Common Stock (including shares of Preferred Stock on an as-converted
to Common Stock basis).
2.7 Termination of Rights. No stockholder shall be entitled to
---------------------
exercise any right provided for in this Section 2 (i) upon the consummation of
the sale of securities pursuant to a registration statement filed by the Company
under the Act in connection with the initial firm commitment underwritten
offering of its securities to the general public or (ii) when the Company first
becomes subject to the periodic reporting requirements of Section 12(g) or 15(d)
of the Securities Exchange Act of 1934, whichever event shall first occur.
3. Other Covenants of the Company.
------------------------------
3.1 Delivery of Financial Statements. The Company shall deliver to
--------------------------------
each Major Investor (as defined in Section 2.1):
(a) as soon as practicable, but in any event within ninety (90)
days after the end of each fiscal year of the Company commencing with the fiscal
year ending December 31, 1994, a balance sheet, and statements of operations and
cash flow for such fiscal year. Such year end financial reports to be in
reasonable detail, prepared in accordance with generally accepted accounting
principles ("GAAP"), and audited and certified by independent public accountants
----
of nationally recognized standing selected by the Company. In addition, within
ninety (90) days after the end of each fiscal year of the Company, a
capitalization chart setting forth the principal stockholders of the Company;
(b) within thirty (30) days of the end of each quarter, and until
a public offering of Common Stock of the Company, an unaudited statement of
operations and balance sheet for and as of the end of such quarter, in
reasonable detail and prepared in accordance with GAAP, subject to year end
audit adjustments and the absence of footnotes;
(c) within forty-five (45) days prior to the end of each fiscal
year, a budget and business plan for the next fiscal year, prepared on a monthly
basis, including a balance sheet and statement of operations for such months
and, as soon as prepared, any other budgets or revised budgets prepared by the
Company;
(d) with respect to the financial statements called for in
subsection (b) of this Section 3. 1, an instrument executed by the Chief
Financial Officer, President or Chairman of the Company certifying that such
financials were prepared in accordance with GAAP consistently applied with prior
practice for earlier periods and fairly present the financial condition of the
Company and its results of operation for the period specified, subject to
year-end audit adjustments and the absence of footnotes; and
14
(e) such other information relating to the financial condition,
business, prospects or corporate affairs of the Company as the Investor or any
assignee of the Investor may from time to time request, provided, however, that
--------
the Company shall not be obligated to provide information which it deems in good
faith to be proprietary.
3.1.1 Confidential Information. Each Major Investor agrees
------------------------
that it will keep confidential and will not disclose any confidential,
proprietary or secret information which such Major Investor may obtain from the
Company, and which the Company has prominently marked "confidential",
"proprietary" or "secret" or has otherwise identified as being such, pursuant to
financial statements, reports and other materials submitted by the Company as
required hereunder, unless such information is or becomes known to the Major
Investor from a source other than the Company without violation of any rights of
the Company, or is or becomes publicly known, or unless the Company gives its
written consent to the Major Investor's release of such information, except that
no such written consent shall be required (and the Major Investor shall be free
to release such information to such recipient) if such information is to be
provided to a Major Investor's counsel, in response to a subpoena or regulatory
inquiry, or to an officer, director or affiliate of a Major Investor, provided
that the Major Investor shall inform the recipient of the confidential nature of
such information, and such recipient must agree in advance of disclosure to
treat the information as confidential.
3.2 Employee Stock Options. The Company agrees that options granted
----------------------
or stock sold to officers, directors, employees and consultants of the Company
pursuant to the Company's stock option plan or other agreement shall be made
pursuant to agreements in a form approved by the Company's Board of Directors.
Unless a majority of the Board of Directors decides otherwise, one quarter (1/4)
of the shares subject to the option or other agreement shall vest twelve months
after the option grant date or date of sale (as the case shall be) and an
additional 1/48th of the total shares granted shall vest at the end of each
month thereafter.
3.3 Market Stand-Off Agreements. Unless a majority of the Board of
---------------------------
Directors decides otherwise, the Company shall cause all future purchasers of
Common Stock, and all future holders of options to purchase Common Stock, to
execute and deliver Market Stand-Off Agreements (or comparable provisions
contained in purchase agreements or option grant forms) pursuant to which each
purchaser and holder agrees not to sell or otherwise transfer such Common Stock
for a period of up to 180 days in connection with the Company's first public
offering.
3.4 Proprietary Information Agreement. Unless a majority of the Board
---------------------------------
of Directors decides otherwise, each person employed by the Company either as an
employee or a consultant, shall, as a condition to the commencement and
continuation of their employment or consulting relationship with the Company,
execute a Proprietary Information and Inventions Agreement in substantially the
form provided to counsel to the Investors.
3.5 Inspection Rights. Each Major Investor shall have the right to
-----------------
visit and inspect any of the properties of the Company or any of its
subsidiaries, and to discuss the affairs, finances and accounts of the Company
or any of its subsidiaries with its officers, and to obtain and review such
information as is reasonably requested all at such reasonable times and as often
as may reasonably be requested; provided, however, that the Company shall not be
--------
obligated
15
under this Section 3.5 with respect to information which the Board of Directors
determines in good faith is confidential and should not, therefore, be
disclosed.
3.6 Transfer of Rights. The rights of each Investor under this
------------------
Section 3 may be transferred to the same parties, subject to the same
restrictions as any transfer of registration rights pursuant to Section 1.13.
3.7 Termination of Covenants. The covenants set forth in this Section
------------------------
3 shall terminate and be of no further force or effect when the sale of
securities pursuant to a registration statement filed by the Company under the
Act in connection with the firm commitment underwritten offering of its
securities to the general public is consummated or when the Company first
becomes subject to the periodic reporting requirements of Section 12(g) or 15(d)
of the Securities Exchange Act of 1934, whichever event shall first occur.
4. Termination of Prior Rights Agreements. The Prior Rights Agreement is
--------------------------------------
hereby terminated and superseded by this Agreement. This termination is
effective upon the execution of this Agreement by the Company and Investors who
are holders of a majority of the Registrable Securities under the Prior Rights
Agreement.
5. Waiver of Right of First Offer. To the extent that a Major Investor
------------------------------
under the Prior Rights Agreement is not purchasing its pro rata share of Series
F-1 Preferred Stock pursuant to the Series F Purchase Agreement, all rights
under the Right of First Offer set forth in Section 2 of the Prior Rights
Agreement to purchase such securities are hereby waived. This waiver is
effective upon the execution of this Agreement by the Company and the holders of
a majority of the Shares held by the Major Investors.
6. Miscellaneous Provisions.
------------------------
6.1 Waivers and Amendments. Any term of this Agreement may be amended
----------------------
and the observance of any term of this Agreement may be waived (either generally
or in a particular instance and either retroactively or prospectively), only
with the written consent of the Company and the holders of at least a majority
of the shares of Registrable Securities (with regard to Sections 2 and 3.1 with
the written consent of the Company and the holders of a majority of the Shares
held by the Major Investors). Any amendment or waiver effected in accordance
with this Section 6.1 shall be binding upon each person or entity which is
granted certain rights under this Agreement and the Company.
6.2 Notices. All notices and other communications required or
-------
permitted hereunder shall be in writing and, except as otherwise noted herein,
shall be deemed effectively given upon personal delivery, delivery by nationally
recognized courier or five business days after deposit with the United States
Post Office (by first class mail, postage prepaid), addressed: (a) if to the
Company, at 325 Distel Circle, Los Altos, CA 94022 (or at such other address as
the Company shall have furnished to the Holders in writing) to the attention of
the President, with a copy to Alan C. Mendelson, Esq., Latham & Watkins, 135
Commonwealth Drive, Menlo Park, CA 94025, and (b) if to a Holder, at the latest
address of such person shown on the Company's records.
16
6.3 Descriptive Headings. The descriptive headings herein have been
--------------------
inserted for convenience only and shall not be deemed to limit or otherwise
affect the construction of any provisions hereof.
6.4 Governing Law. This Agreement shall be governed by and interpreted
-------------
under the laws of the State of Delaware as applied to agreements among Delaware
residents, made and to be performed entirely within the State of Delaware.
6.5 Counterparts. This Agreement may be executed in one or more
------------
counterparts, each of which shall for all purposes be deemed to be an original
and all of which shall constitute the same instrument, but only one of which
need be produced.
6.6 Expenses. If any action at law or in equity is necessary to enforce or
--------
interpret the terms of this Agreement, the prevailing party shall be entitled to
reasonable attorney's fees, costs and necessary disbursements in addition to any
other relief to which such party may be entitled.
6.7 Successors and Assigns. Except as otherwise expressly provided in this
----------------------
Agreement, this Agreement shall benefit and bind the successors, assigns, heirs,
executors and administrators of the parties to this Agreement.
6.8 Entire Agreement. This Agreement constitutes the full and entire
----------------
understanding and agreement between the parties with regard to the subject
matter of this Agreement.
6.9 Separability; Severability. Unless expressly provided in this
--------------------------
Agreement, the rights of each Investor under this Agreement are several rights,
not rights jointly held with any other Investors. Any invalidity, illegality or
limitation on the enforceability of this Agreement with respect to any Investor
shall not affect the validity, legality or enforceability of this Agreement with
respect to the other Investors. If any provision of this Agreement is judicially
determined to be invalid, illegal or unenforceable, the validity, legality and
enforceability of the remaining provisions shall not be affected or impaired.
6.10 Stock Splits. All references to numbers of shares in this Agreement
------------
shall be appropriately adjusted to reflect any stock dividend, split,
combination or other recapitalization of shares by the Company occurring after
the date of this Agreement.
17
IN WITNESS WHEREOF, the parties have executed this Amended and Restated
Stockholder Rights Agreement on the day and year first set forth above.
COMPANY:
R2 TECHNOLOGY, INC.
By: /s/ Michael S. Klein
-----------------------------------
Title: President and CEO
---------------------------------
INVESTORS:
SERIES A-1 INVESTORS
SIGMA PARTNERS II, L.P.
By: /s/
------------------------------------
Title:
----------------------------------
SIGMA ASSOCIATES II, L.P.
By: /s/
-----------------------------------
Title:
----------------------------------
ALTA V LIMITED PARTNERSHIP
By Alta V Management Partners, L.P.
By: /s/ Eileen McCarthy
------------------------------------
Title: General Partner
----------------------------------
AMENDED & RESTATED STOCKHOLDER RIGHTS AGREEMENT
CUSTOMS HOUSE PARTNERS
By: /s/ Eileen McCarthy
-------------------------------------
Eileen McCarthy, Under Power of Attorney
----------------------------------------
TECHNOLOGY FUNDING VENTURE PARTNERS V
AN AGGRESSIVE GROWTH FUND, L.P.
By: Technology Funding Inc.,
Managing General Partner
By:
-------------------------------------
Title:
----------------------------------
TECHNOLOGY FUNDING MEDICAL
PARTNERS I, L.P.
By: Technology Funding Inc.,
Managing General Partner
By:
-------------------------------------
Title:
---------------------------------
AMENDED & RESTATED STOCKHOLDER RIGHTS AGREEMENT
ARCH VENTURE FUND II, L.P.,
a Delaware limited partnership
By: ARCH MANAGEMENT
PARTNERS II, L.P.
a Delaware limited partnership,
its general partner
By: ARCH Venture Partners, L.P.,
a Delaware limited partnership,
its general partner
By: ARCH Venture Corporation,
an Illinois corporation,
its general partner
By:
-------------------------------------
Its Managing Director
GC&H INVESTMENTS
By:
-------------------------------------
Title:
---------------------------------
OTHER A-1 HOLDERS:
THE JOSEPH W. CHESSARE TRUST DATED
MAY 6, 1994
By:
-------------------------------------
Title:
----------------------------------
THE NANCY L. CHESSARE TRUST
DATED MAY 6, 1994
By:
------------------------------------
Title:
----------------------------------
AMENDED & RESTATED STOCKHOLDER RIGHTS AGREEMENT
CRANHAM PARTNERSHIP
By:
------------------------------------------
Title:
---------------------------------------
---------------------------------------------
Paul & Elinor Foley
---------------------------------------------
Robert Foley
---------------------------------------------
William Gietz
/s/ Brent M. Gullixson
---------------------------------------------
Brent M. Gullixson
/s/ Mary S. Gullixson, Trustee
---------------------------------------------
Mary S. Gullixson of the Mary S. Gullixson
Irrevocable Living Trust dated
February 17, 1996
---------------------------------------------
Allan M. Haggar
---------------------------------------------
Steven S. Helms
---------------------------------------------
Jui-Lien Li
AMENDED & RESTATED STOCKHOLDER RIGHTS AGREEMENT
THE TIMOTHY N. MERRILL TRUST DATED
SEPTEMBER 11, 1991
By:
-------------------------------------------
Title:
----------------------------------------
THE REGGIE K. BECKMAN TRUST DATED
SEPTEMBER 11, 1991
By:
-------------------------------------------
Title:
----------------------------------------
----------------------------------------------
John L. Morgan
----------------------------------------------
Raymond S. Poon and Associates
----------------------------------------------
Thomas A. Predey
----------------------------------------------
Jimmy Roehrig
----------------------------------------------
Trudy Rucker
----------------------------------------------
Stephen Shapiro
AMENDED & RESTATED STOCKHOLDER RIGHTS AGREEMENT
--------------------------------------------
Ronald J. Sharbaugh
--------------------------------------------
Roger V. Smith
--------------------------------------------
Steven J. Smith
--------------------------------------------
Thomas J. Spackman
--------------------------------------------
Gordon & Lily Starr
/s/ Tom Thorner
--------------------------------------------
Tom Thorner, Thorner Ventures, Managing
General Partner
--------------------------------------------
Roberta E. Thorpe
--------------------------------------------
Carl J. Vyborny
--------------------------------------------
S.P. Bob Wang
--------------------------------------------
Geraldine Whitaker
--------------------------------------------
Todd Wilder
--------------------------------------------
P. Roger Williamson
AMENDED & RESTATED STOCKHOLDER RIGHTS AGREEMENT
WS INVESTMENT CO.
By:
----------------------------------------
Title:
-------------------------------------
SERIES B-1 INVESTORS:
STF II, L.P.
By: /s/
----------------------------------------
Title: General Partner
-------------------------------------
THE TRAVELERS INSURANCE COMPANY
By: /s/
----------------------------------------
Title: Attorney-in-fact
-------------------------------------
VERTEX INVESTMENT (II) LTD.
By:
----------------------------------------
Title:
-------------------------------------
AMENDED & RESTATED STOCKHOLDER RIGHTS AGREEMENT
HWH INVESTMENT PTE LTD.
By:
----------------------------------------
Title:
-------------------------------------
PENN JANNEY FUND, INC.
By:
----------------------------------------
Title:
-------------------------------------
WINFUND, INC.
By:
----------------------------------------
Title:
-------------------------------------
SIGMA PARTNERS II, L.P.
By:
----------------------------------------
Title:
-------------------------------------
SIGMA ASSOCIATES II, L.P.
By:
----------------------------------------
Title:
-------------------------------------
AMENDED & RESTATED STOCKHOLDER RIGHTS AGREEMENT
ALTA V LIMITED PARTNERSHIP
By: /s/ Eileen McCarthy
----------------------------------------
Title: General Partner
-------------------------------------
CUSTOMS HOUSE PARTNERS
By: /s/ Eileen McCarthy
----------------------------------------
Title: Under Power of Attorney
-------------------------------------
ARCH VENTURE FUND II, L.P., a Delaware
limited partnership
By: ARCH MANAGEMENT
PARTNERS II, L.P.
a Delaware limited partnership,
its general partner
By: ARCH Venture Partners, L.P.,
a Delaware limited partnership,
its general partner
By: ARCH Venture Corporation,
an Illinois corporation, its
general partner
By:
----------------------------------------
Its Managing Director
AMENDED & RESTATED STOCKHOLDER RIGHTS AGREEMENT
TECHNOLOGY FUNDING VENTURE PARTNERS V AN
AGGRESSIVE GROWTH FUND, L.P.
By: Technology Funding Inc.,
Managing General Partner
By:
-----------------------------------------
Title:
--------------------------------------
TECHNOLOGY FUNDING MEDICAL PARTNERS I L.P.
By: Technology Funding Inc.,
Managing General Partner
By:
-----------------------------------------
Title:
--------------------------------------
--------------------------------------------
Steven S. Helms
--------------------------------------------
Maryellen Giger
--------------------------------------------
Carl J. Vyborny
--------------------------------------------
Wei Zhang
--------------------------------------------
Jennifer Williams
AMENDED & RESTATED STOCKHOLDER RIGHTS AGREEMENT
----------------------------------------------
Roger V. Smith
----------------------------------------------
Takeshi Doi
----------------------------------------------
R.M. Ulmann
OTHER B-1 HOLDERS:
----------------------------------------------
Reggie K. Beckman
----------------------------------------------
Thomas Braun
----------------------------------------------
Joseph W. Chessare
THE JOSEPH W. CHESSARE TRUST DATED MAY 6, 1994
By:
-------------------------------------------
Title:
----------------------------------------
----------------------------------------------
Nancy L. Chessare
THE NANCY L. CHESSARE TRUST DATED MAY 6, 1994
By:
-------------------------------------------
Title:
----------------------------------------
AMENDED & RESTATED STOCKHOLDER RIGHTS AGREEMENT
---------------------------------------------
Janice Chinn
---------------------------------------------
Paul H. Dombrowksi, M.D.
---------------------------------------------
Allan M. Haggar
---------------------------------------------
Timothy N. Merrill
---------------------------------------------
Issa Muasher, M.D.
---------------------------------------------
Thomas A. Predey
---------------------------------------------
Harlan M. Romsdahl, Sr.
---------------------------------------------
Steven J. Smith
---------------------------------------------
Gordon Starr
---------------------------------------------
Lily Starr
AMENDED & RESTATED STOCKHOLDER RIGHTS AGREEMENT
THORNER VENTURES
By: /s/ Tom Thorner
-----------------------------------------
Title: Managing General Partner
--------------------------------------
--------------------------------------------
Thomas R. Williams
--------------------------------------------
Carl J. Vyborny
--------------------------------------------
Harold Friedman
--------------------------------------------
Robert A. Breit
--------------------------------------------
Frances Breit
--------------------------------------------
Julie D'Acci
PLOTKIN, COHEN & BREIT MD PA Amended and
Restated Profit Sharing Plan and Trust
By:
-----------------------------------------
Title:
--------------------------------------
AMENDED & RESTATED STOCKHOLDER RIGHTS AGREEMENT
SERIES C-1 INVESTORS:
MORGAN STANLEY VENTURE PARTNERS
By:
-----------------------------------------
Title:
--------------------------------------
STF II, L.P.
By: /s/
-----------------------------------------
Title: General Partner
--------------------------------------
THE TRAVELERS INSURANCE COMPANY
By:
-----------------------------------------
Title:
--------------------------------------
VERTEX INVESTMENT (II) LTD.
By:
-----------------------------------------
Title:
--------------------------------------
HWH INVESTMENT PTE LTD.
By:
-----------------------------------------
Title:
--------------------------------------
AMENDED & RESTATED STOCKHOLDER RIGHTS AGREEMENT
PENN JANNEY FUND, INC.
By:
------------------------------------------
Title:
---------------------------------------
SIGMA PARTNERS 11, L.P.
By:
------------------------------------------
Title:
---------------------------------------
SIGMA ASSOCIATES II, L.P.
By:
------------------------------------------
Title:
---------------------------------------
ALTA V LIMITED PARTNERSHIP
By: /s/ Eileen McCarthy
------------------------------------------
Title: General Partner
---------------------------------------
CUSTOMS HOUSE PARTNERS
By: /s/ Eileen McCarthy
------------------------------------------
Title: Under Power of Attorney
---------------------------------------
AMENDED & RESTATED STOCKHOLDER RIGHTS AGREEMENT
ARCH VENTURE FUND III, L.P.,
By: ARCH Venture Partners, LLC,
its general partner
By:
-----------------------------------------
Robert Nelsen
Managing Director
WINFUND, INC.
By:
-----------------------------------------
Title:
--------------------------------------
--------------------------------------------
Ewout Mante
--------------------------------------------
EBT F/B/O Carl J. Vyborny
--------------------------------------------
MPPT F/B/O Carl J. Vyborny
--------------------------------------------
Carl J. Vyborny
--------------------------------------------
Thomas A. Predey
--------------------------------------------
Allan M. Haggar
--------------------------------------------
Thomas W. Braun
AMENDED & RESTATED STOCKHOLDER RIGHTS AGREEMENT
/s/ Mary S. Gullixson, Trustee
-------------------------------------------
Mary S. Gullixson of the Mary S. Gullixson
Revocable Living Trust dated February 17,
1996.
-------------------------------------------
Dr. IR. A.J.H. Mante
-------------------------------------------
Hedvig Hricak Margulis
THORNER VENTURES
By: /s/ Tom Thorner
----------------------------------------
Title: Managing General Partner
-------------------------------------
-------------------------------------------
Issa Muasher, M.D.
-------------------------------------------
Bharat R. Gupte
-------------------------------------------
Roger V. Smith
BAYVIEW INVESTORS LIMITED
By:
----------------------------------------
Title:
-------------------------------------
AMENDED & RESTATED STOCKHOLDER RIGHTS AGREEMENT
MORGAN STANLEY VENTURE PARTNERS, III, L.P.
MORGAN STANLEY VENTURE INVESTORS III, L.P.
THE MORGAN STANLEY VENTURE PARTNERS
ENTREPRENEUR FUND, L.P.
By: Morgan Stanley Venture Partners III,
L.L.C., as General Partner of each of the
limited partnerships named above
By: Morgan Stanley Venture Capital III, Inc.
as Member
By: /s/ Scott Halsted
-----------------------------------------
Name: Scott Halsted
Title: General Partner
SERIES D-1 INVESTORS
EQUITY ASSET INVESTMENT TRUST,
a Delaware Business Trust
By: /s/ Jonathan K. Sprole
-----------------------------------------
By: GE Capital Services Equity Corp.,
Its Manager, as Attorney in Fact
THE TRAVELERS INSURANCE COMPANY
By:
-----------------------------------------
Title:
--------------------------------------
AMENDED & RESTATED STOCKHOLDER RIGHTS AGREEMENT
VERTEX INVESTMENT (II) LTD.
By:
-----------------------------------------
Title:
--------------------------------------
HWH INVESTMENT PTE LTD.
By:
-----------------------------------------
Title:
--------------------------------------
SIGMA PARTNERS II, L.P.
By:
-----------------------------------------
Title:
--------------------------------------
SIGMA ASSOCIATES II, L.P.
By:
-----------------------------------------
Title:
--------------------------------------
ALTA V LIMITED PARTNERSHIP
By: Alta V Management Partners, L.P.
By:
-----------------------------------------
General Partner
AMENDED & RESTATED STOCKHOLDER RIGHTS AGREEMENT
CUSTOMS HOUSE PARTNERS
By: /s/ Eileen McCarthy
-----------------------------------------
Under Power of Attorney
ARCH VENTURE FUND III, L.P.,
By: ARCH Venture Partners, LLC,
its general partner
By:
-----------------------------------------
Robert Nelson
Managing Director
MORGAN STANLEY VENTURE PARTNERS, III, L.P.
By:
-----------------------------------------
Title:
--------------------------------------
MORGAN STANLEY VENTURE INVESTORS III, L.P.
By:
-----------------------------------------
Title:
--------------------------------------
SERIES E-1 INVESTORS:
MORGAN STANLEY VENTURE INVESTORS III, L.P.
By:
-----------------------------------------
Title:
--------------------------------------
AMENDED & RESTATED STOCKHOLDER RIGHTS AGREEMENT
MORGAN STANLEY VENTURE PARTNERS III, L.P.
By:
-------------------------------------------
Title:
----------------------------------------
ALTA V LIMITED PARTNERSHIP
By: Alta V Management Partners, L.P
By: /s/ Eileen McCarthy
-------------------------------------------
General Partner
CUSTOMS HOUSE PARTNERS
By: /s/ Eileen McCarthy
-------------------------------------------
General Partner
SIGMA PARTNERS II, L.P.
By:
-------------------------------------------
Title:
----------------------------------------
SIGMA ASSOCIATES II, L.P.
By:
-------------------------------------------
Title:
----------------------------------------
ARCH VENTURE FUND III, L.P.,
By: ARCH Venture Partners, LLC,
its general partner
By:
-------------------------------------------
Robert Nelson
Managing Director
AMENDED & RESTATED STOCKHOLDER RIGHTS AGREEMENT
STF II, L.P.
By: /s/
-----------------------------------------
Title: General Partner
--------------------------------------
THE TRAVELERS INSURANCE COMPANY
By:
-----------------------------------------
Title:
--------------------------------------
EQUITY ASSET INVESTMENT TRUST,
a Delaware Business Trust
By: /s/ Jonathan K. Sprole
-----------------------------------------
By: GE Capital Services Equity Corp.,
Its Manager, as Attorney in Fact
MARUBENI AMERICA CORPORATION
By: /s/ Takeshi Nakabayashi
-----------------------------------------
Title: Senior Vice President and COO
--------------------------------------
MARUBENI CORPORATION
By:
-----------------------------------------
Title:
--------------------------------------
AMENDED & RESTATED STOCKHOLDER RIGHTS AGREEMENT
VERTEX TECHNOLOGY FUND (II) PTE. LTD.
By:
----------------------------------------
Title:
-------------------------------------
SERIES F-1 INVESTORS:
EASTMAN KODAK COMPANY
By: /s/
----------------------------------------
Title: Secretary
-------------------------------------
INVESTOR
Alta V Limited Partnership
By: Alta V Management Partners, L.P.
By: /s/ Eileen McCarthy
----------------------------------------
General Partner
INVESTOR
Customs House Partners
By: /s/ Eileen McCarthy
-----------------------------------------
Title: Under Power of Attorney
--------------------------------------
INVESTOR
Name: /s/ Swift G. Barnes
--------------------------------------
Title: COO, Origin Capital Management LLC
------------------------------------
AMENDED & RESTATED STOCKHOLDER RIGHTS AGREEMENT
ARCH VENTURE FUND III, L.P.,
By: ARCH Venture Partners, LLC,
its general partner
By: /s/ Keith Crandell
----------------------------------------
Keith Crandell
Managing Director
ARCH VENTURE FUND II, L.P.,
a Delaware limited partnership
By: ARCH MANAGEMENT
PARTNERS II, L.P.
a Delaware limited partnership,
its general partner
By: ARCH Venture Partners, L.P.,
a Delaware limited partnership,
its general partner
By: ARCH Venture Corporation,
an Illinois corporation,
its general partner
By: /s/ Keith Crandell
----------------------------------------
Keith Crandell
Its Managing Director
AMENDED & RESTATED STOCKHOLDER RIGHTS AGREEMENT
LATHAM & WATKINS
By:
-----------------------------------------
Title:
--------------------------------------
Name: /s/ Alan C. Mendelson
--------------------------------------
Alan C. Mendelson
AMENDED & RESTATED STOCKHOLDER RIGHTS AGREEMENT
ORIGIN INVESTORS LIMITED
Name:
---------------------------------------
By:
------------------------------------
Title:
------------------------------------
ASWIN CONTINENTAL S.A.
Name:
---------------------------------------
By:
------------------------------------
Title:
------------------------------------
STEELER FUND LTD.
Name:
---------------------------------------
By:
------------------------------------
Title:
------------------------------------
DUQUESNE FUND LP
Name:
---------------------------------------
By:
------------------------------------
Title:
------------------------------------
NO MARGIN FUND LP
Name:
---------------------------------------
By:
------------------------------------
Title:
------------------------------------
ORIGIN INVESTORS LP
Name:
---------------------------------------
By:
------------------------------------
Title:
------------------------------------
AMENDED & RESTATED STOCKHOLDER RIGHTS AGREEMENT
SERIES G-1 INVESTORS:
SERIES G-1 INVESTOR
Name: Taishin Venture Capital Investment
---------------------------------------
Co., Ltd.
---------------------------------------
By: /s/ Jeffrey T. S. Wu
------------------------------------------
Title: Vice Chairman
---------------------------------------
CHINA UNITED INVESTMENTS INC.
By: /s/ Charles Tseng
-----------------------------------------
Print: Charles Tseng
---------------------------------------
Title: Executive Director
---------------------------------------
UC FUND II
By: /s/ Charles Tseng
----------------------------------------
Print: Charles Tseng
-------------------------------------
Title: Executive Director
------------------------------------
UNITED VENTURE CAPITAL CORPORATION
By: /s/ Charles Tseng
----------------------------------------
Print: Executive Director
-------------------------------------
INVESTOR
Name: Mary S. Gullixson, Trustee
--------------------------------------
Mary S. Gullixson Irrevocable
Living Trust dated February 17, 1996
AMENDED & RESTATED STOCKHOLDER RIGHTS AGREEMENT
INVESTOR
Name: /s/ Brent M. Gullixson
--------------------------------------
LIMAK PARTNERS LLC
By: /s/
----------------------------------------
Title: Manager
-------------------------------------
INVESTOR
Name: /s/ Thomas M. Prescott
--------------------------------------
INVESTOR
Name: /s/ H. Geoffrey Weiss
--------------------------------------
MARFA
By: /s/
----------------------------------------
INVESTOR
For and on behalf of UOB Hermes Asia
Technology Fund
By UOB Venture Management Private Limited
/s/ Seah Kian Wee
--------------------------------------------
Deputy Managing Director
CHINA DEVELOPMENT INDUSTRIAL BANK INC.
/s/ Tai-Ying Liu
--------------------------------------------
Title: Chairman and CFO
-------------------------------------
AMENDED & RESTATED STOCKHOLDER RIGHTS AGREEMENT
MORGAN STANLEY VENTURE
INVESTORS III, L.P.
Print:
----------------------------------
Title:
----------------------------------
MORGAN STANLEY VENTURE
PARTNERS III, L.P.
Print:
----------------------------------
Title:
----------------------------------
AMENDED & RESTATED STOCKHOLDER RIGHTS AGREEMENT
ALTA V LIMITED PARTNERSHIP
By: Alta V Management Partners, L.P.
/s/ Eileen McCarthy
-----------------------------------------------
Print: Eileen McCarthy
-----------------------------------------
Its: General Partner
CUSTOMS HOUSE PARTNERS
/s/ Eileen McCarthy
-----------------------------------------------
Under Power of Attorney
-----------------------------------------------
AMENDED & RESTATED STOCKHOLDER RIGHTS AGREEMENT
SIGMA PARTNERS II, L.P.
------------------------------------------
Print:
------------------------------------
Title:
------------------------------------
SIGMA ASSOCIATES II, L.P.
------------------------------------------
Print:
------------------------------------
Title:
------------------------------------
AMENDED & RESTATED STOCKHOLDER RIGHTS AGREEMENT
ARCH VENTURE FUND III, L.P.,
By: ARCH Venture Partners, LLC,
its general partner
By:
------------------------------------------
Robert Nelsen
Managing Director
ARCH VENTURE FUND II, L.P.,
a Delaware limited partnership
By: ARCH MANAGEMENT
PARTNERS II, L.P.
a Delaware limited partnership,
its general partner
By: ARCH Venture Partners, L.P.,
a Delaware limited partnership,
its general partner
By: ARCH Venture Corporation,
an Illinois corporation,
its general partner
By:
------------------------------------------
Robert T. Nelson
Its Managing Director
AMENDED & RESTATED STOCKHOLDER RIGHTS AGREEMENT
UOB VENTURE MANAGEMENT
Print:
-----------------------------------------------
Title:
-----------------------------------------------
AMENDED & RESTATED STOCKHOLDER RIGHTS AGREEMENT
GE CAPITAL EQUITY INVESTMENTS,
INC.
By: /s/ Jonathan K. Sprole
--------------------------------------------------
Print: Jonathan K. Sprole
-----------------------------------------------
Title: Managing Director
-----------------------------------------------
THORNER VENTURES
/s/ Tom Thormex
-----------------------------------------------------
Print: Tom Thormex
-----------------------------------------------
Title: Managing General Partner
-----------------------------------------------
LATHAM & WATKINS
By: /s/ Christopher Kaufman
--------------------------------------------------
Title: Partner
-----------------------------------------------
Investor:
Name:
-----------------------------------------------
Alan C. Mendelson
QUANTUM PARTNERS LDC
Name: /s/ Richard D. Holahan Jr.
------------------------------
By: Richard D. Holahan Jr.
Title: Attorney in Fact
AMENDED & RESTATED STOCKHOLDER RIGHTS AGREEMENT
SCHEDULE A
SCHEDULE OF INVESTORS
SERIES A PURCHASE INVESTORS
SIGMA PARTNERS II, L.P.
SIGMA ASSOCIATES II, L.P.
ALTA V LIMITED PARTNERSHIP
CUSTOMS HOUSE PARTNERS
TECHNOLOGY FUNDING VENTURE PARTNERS V
AGGRESSIVE GROWTH FUND, L.P.
TECHNOLOGY FUNDING MEDICAL PARTNERS I, L.P.
ARCH VENTURE FUND II, L.P.
GC&H INVESTMENTS
SERIES A SUBSCRIPTION INVESTORS
JOSEPH W. CHESSARE
CRANHAM PARTNERSHIP
ELINOR FOLEY
PAUL FOLEY
ROBERT FOLEY
WILLIAM GIETZ
BRENT M. GULLIXSON
MARY S. GULLIXSON
ALLAN M. HAGGAR
STEVEN S. HELMS
JUI-LIEN LI
TIMOTHY N. MERRILL
JOHN L. MORGAN
RAYMOND S. POON AND ASSOCIATES
THOMAS A. PREDEY
JIMMY ROEHRIG
TRUDY RUCKER
STEPHEN SHAPIRO
RONALD J. SHARBAUGH
ROGER V. SMITH
STEVEN J. SMITH
THOMAS J. SPACKMAN
GORDON & LILY STARR
TOM THORNER
ROBERTA E. THORPE
CARL J. VYBORNY
S.P. BOB WANG
GERALDINE WHITAKER
1
TODD WILDER
P. ROGER WILLIAMSON
WS INVESTMENT CO.
SERIES B PURCHASE INVESTORS
STF II, L.P.
THE TRAVELERS INSURANCE COMPANY
VERTEX INVESTMENT (II) LTD.
HWH INVESTMENT PTE LTD.
PENN JANNEY FUND, INC.
WINFUND, INC.
SIGMA PARTNERS II, L.P.
SIGMA ASSOCIATES II, L.P.
ALTA V LIMITED PARTNERSHIP
CUSTOMS HOUSE PARTNERS
ARCH VENTURE FUND II, L.P.
TECHNOLOGY FUNDING VENTURE
PARTNERS V AGGRESSIVE GROWTH FUND, L.P.
TECHNOLOGY FUNDING MEDICAL PARTNERS
STEVEN S. HELMS
MARYELLEN GIGER
CARL J. VYBORNY
WEI ZHANG
JENNIFER WILLIAMS
ROGER V. SMITH
TAKESHI DOI
R.M. ULMANN
SERIES B SUBSCRIPTION INVESTORS
REGGIE K. BECKMAN
THOMAS BRAUN
JOSEPH W. CHESSARE
JOSEPH W. CHESSARE TRUST DATED MAY 6, 1994
NANCY L. CHESSARE
NANCY L. CHESSARE TRUST DATED MAY 6, 1994
JANICE CHINN
PAUL H. DOMBROWSKI, M.D.
ALLAN M. HAGGAR
ISSA MUASHER, M.D.
TIMOTHY N. MERRILL
THOMAS A. PREDEY
HARLAN M. ROMSDAHL, SR.
STEVEN J. SMITH
THORNER VENTURES
CARL J. VYBORNY
2
THOMAS R. WILLIAMS
SERIES C PURCHASE INVESTORS
MORGAN STANLEY VENTURE PARTNERS III, L.P.
MORGAN STANLEY VENTURE INVESTORS III, L.P.
STF II, L.P.
THE TRAVELERS INSURANCE COMPANY
VERTEX INVESTMENT (II) LTD.
HWH INVESTMENT PTE LTD.
PENN JANNEY FUND, INC.
SIGMA PARTNERS II, L.P.
SIGMA ASSOCIATES II, L.P.
ALTA V LIMITED PARTNERSHIP
CUSTOMS HOUSE PARTNERS
ARCH VENTURE FUND III, L.P.
WINFUND, INC.
BAYVIEW INVESTORS LIMITED
THOMAS BRAUN
MARY S. GULLIXSON
ALLAN M. HAGGAR
DR. IR. A.J.H. MANTE
EWOUT MANTE
HEDVIG HRICAK MARGULIS
ISSA MUASHER
THOMAS A. PREDEY
THORNER VENTURES
ROGER V. SMITH
BHARAT R. GUPTE
SERIES D PURCHASE INVESTORS
EQUITY ASSET INVESTMENT TRUST
MORGAN STANLEY VENTURE PARTNERS III, L.P.
MORGAN STANLEY VENTURE INVESTORS III, L.P.
THE TRAVELERS INSURANCE COMPANY
VERTEX INVESTMENT (II) LTD.
HWH INVESTMENT PTE LTD.
SIGMA PARTNERS II, L.P.
SIGMA ASSOCIATES II, L.P.
ALTA V LIMITED PARTNERSHIP
CUSTOMS HOUSE PARTNERS
ARCH VENTURE FUND III, L.P.
SERIES E PURCHASE INVESTORS
MORGAN STANLEY VENTURE INVESTORS III, L.P.
3
MORGAN STANLEY VENTURE PARTNERS III, L.P.
ALTA V LIMITED PARTNERSHIP
CUSTOMS HOUSE PARTNERS
SIGMA PARTNERS II, L.P.
SIGMA ASSOCIATES II, L.P.
ARCH VENTURE FUND III, L.P.,
STF II, L.P.
VERTEX TECHNOLOGY FUND (II) PTE. LTD.
THE TRAVELERS INSURANCE COMPANY
EQUITY ASSET INVESTMENT TRUST
MARUBENI AMERICA CORPORATION
MARUBENI CORPORATION
SERIES F PURCHASE INVESTORS
Morgan Stanley Venture Investors III, L.P.
Morgan Stanley Venture Partners III, L.P.
Alta V Limited Partnership
Customs House Partners
Sigma Partners II, L.P.
Sigma Associates II, L.P.
ARCH Venture Fund III, L.P.
Vertex Technology Fund Ltd.
Thorner Ventures
Winfund, Inc.
Gordon Starr
Allan Haggar
Joel Josephs
Bruce Ashby
Bill Warren
SJR Investments, LLC
Origin Capital Management Group
Origin Investors, LP
No Margin Fund, LP
Duquesne Fund, LP
Steeler Fund, LTD
Aswin Continental SA
Quantum Partners LDC
Eastman Kodak
Emerging Growth Management Medical
Technology Fund LP
Emerging Growth Management Medical
Technology Offshore Fund
Latham & Watkins
Alan C. Mendelson
GC&H Investments
The Travelers Insurance Company
4
William J. Mercer
Keith Ashby
Maryellen Geiger
Marubeni America Corporation
SERIES G PURCHASE INVESTORS
ARCH Venture Fund II, L.P.
ARCH Venture Fund III, L.P.
Thorner Ventures
Mary S. Gullixson, Trustee of the Mary S. Gullixson
revocable living trust dated February 17, 1996
Brent M. Gullixson
Alan Mendelson
Latham & Watkins
China Development Industrial Bank, Inc.
UOB Hermes Asia Technology Fund
United Venture Capital Corporation
UC Fund
China United Investments Inc.
Taishin Venture Capital Investment Corporation Ltd.
Limak Partners
Geoffrey Weiss & Associates Ret Plan DTD 12/22/98
Thomas M. Prescott
Marfam
5
SCHEDULE B
SCHEDULE OF COMMON INVESTORS
KUNIO DOI
RICHARD S. ENCK, JR.
ROBERT M. FOLEY
MARYELLEN L. GIGER
ROBERT P. HUNT
ROBERT M. NISHIKAWA
JIMMY R. ROEHRIG
HAROLD G. RUTHERFORD
ROBERT A. SCHMIDT
DONALD F. SPECHT
SHIH-PING BOB WANG
ALAN STEIN
JIM PELL
COMMON INVESTORS
---------------------------------
Kunio Doi
---------------------------------
Richard S. Enck, Jr.
---------------------------------
Robert M. Foley
---------------------------------
Robert P. Hunt
---------------------------------
Jimmy R. Roehrig
---------------------------------
Harold G. Rutherford
---------------------------------
Donald F. Specht
---------------------------------
Shih-Ping Bob Wang
AMENDED & RESTATED STOCKHOLDER RIGHTS AGREEMENT
----------------------------------------
Maryellen Giger
----------------------------------------
Robert M. Nishikawa
----------------------------------------
Robert A. Schmidt
----------------------------------------
Carrie Jean Hunt Klagenberg
----------------------------------------
Bruce Cochran Hunt
----------------------------------------
Robert Scott Hunt
----------------------------------------
Steven Luke
----------------------------------------
Christie Luke
----------------------------------------
Maureen Jacobsen
The Hunt-Stevenson Living Trust dated
March 9, 2000, Robert P. Hunt and Marlene
Stevenson, Trustees
By:________________________________
Title:_____________________________
AMENDED & RESTATED STOCKHOLDER RIGHTS AGREEMENT