<PAGE>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. )*
Claremont Technology Group, Inc.
- --------------------------------------------------------------------------------
(Name of Issuer)
Common Stock
- --------------------------------------------------------------------------------
(Title of Class of Securities)
180243107
- --------------------------------------------------------------------------------
(CUSIP Number)
Robert C. Bensky
c/o Technology Crossover Ventures
56 Main Street, Suite 210, Millburn, NJ 07041
(973) 467-5320
- --------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person Authorized to Receive
Notices and Communications)
August 13, 1997
- --------------------------------------------------------------------------------
(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition which is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(b)(3) or (4), check the following box [ ].
NOTE: Six copies of this statement, including all exhibits, should be filed with
the Commission. See Rule 13d-1(a) for other parties to whom copies are to be
sent.
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter
disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
<PAGE>
SCHEDULE 13D
- ----------------------------------------- -------------------------------------
CUSIP No. 180243107 Page 2 of 22 Pages
-------- ------
- ----------------------------------------- -------------------------------------
- -------- -----------------------------------------------------------------------
1 NAME OF REPORTING PERSON Technology Crossover Ventures, L.P.
See Item 2 for identification of General Partner
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
- -------- -----------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) [ ]
(b) [ X ]
- -------- -----------------------------------------------------------------------
3 SEC USE ONLY
- -------- -----------------------------------------------------------------------
4 SOURCE OF FUNDS (SEE INSTRUCTIONS)
WC
- ------- ------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2(e) [ ]
- -------- -----------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- -------- -----------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 321,465(A)
SHARES ------ ----------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 0(A)
EACH ------ ----------------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON 321,465(A)
WITH ------ ----------------------------------------------------
10 SHARED DISPOSITIVE POWER
0(A)
- -------------------- ------ ----------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
321,465(A)
- --------- ----------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
(SEE INSTRUCTIONS)
[ X ]
- --------- ----------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
3.9%
- --------- ----------------------------------------------------------------------
14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
PN
- --------- ----------------------------------------------------------------------
(A) Excludes an aggregate of 150,258 shares owned beneficially by the other
reporting persons indicated in this Schedule 13D, as to which this
reporting person disclaims beneficial ownership.
<PAGE>
SCHEDULE 13D
- ----------------------------------------- -------------------------------------
CUSIP No. 180243107 Page 3 of 22 Pages
------ ------
- ----------------------------------------- -------------------------------------
- -------- -----------------------------------------------------------------------
1 NAME OF REPORTING PERSON Technology Crossover Ventures, C.V.
See Item 2 for a list of General Partners
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
- -------- -----------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) [ ]
(b) [ X ]
- -------- -----------------------------------------------------------------------
3 SEC USE ONLY
- -------- -----------------------------------------------------------------------
4 SOURCE OF FUNDS (SEE INSTRUCTIONS)
WC
- -------- -----------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2(e) [ ]
- -------- -----------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Netherlands Antilles
- -------- -----------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 25,458(A)
SHARES ------ ----------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 0(A)
EACH ------ ----------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON 25,458(A)
WITH ------ ----------------------------------------
10 SHARED DISPOSITIVE POWER
0(A)
- -------------------- ------ ----------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
25,458(A)
- --------- ----------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
(SEE INSTRUCTIONS)
[ X ]
- --------- ----------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.3%
- --------- ----------------------------------------------------------------------
14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
PN
- --------- ----------------------------------------------------------------------
(A) Excludes an aggregate of 446,265 shares owned beneficially by the other
reporting persons indicated in this Schedule 13D, as to which this
reporting person disclaims beneficial ownership.
<PAGE>
SCHEDULE 13D
- ----------------------------------------- -------------------------------------
CUSIP No. 180243107 Page 4 of 22 Pages
------ ------
- ----------------------------------------- -------------------------------------
- -------- -----------------------------------------------------------------------
1 NAME OF REPORTING PERSON Technology Crossover Management, L.L.C.
See Item 2 for list of Managing Members
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
- -------- -----------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) [ ]
(b) [ X ]
- -------- -----------------------------------------------------------------------
3 SEC USE ONLY
- -------- -----------------------------------------------------------------------
4 SOURCE OF FUNDS (SEE INSTRUCTIONS)
OO
- -------- -----------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2(e) [ ]
- -------- -----------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- -------- -----------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 346,923(A)
BENEFICIALLY ------ ----------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH 0(A)
REPORTING ------ ----------------------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
WITH 346,923(A)
------ ----------------------------------------------------
10 SHARED DISPOSITIVE POWER
0(A)
- -------------------- ------ ----------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
346,923(A)
- --------- ----------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
(SEE INSTRUCTIONS)
[ X ]
- --------- ----------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
4.2%
- --------- ----------------------------------------------------------------------
14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
OO
- --------- ----------------------------------------------------------------------
(A) Excludes an aggregate of 124,800 shares owned beneficially by the other
reporting persons indicated in this Schedule 13D, as to which this
reporting person disclaims beneficial ownership.
<PAGE>
SCHEDULE 13D
- ----------------------------------------- -------------------------------------
CUSIP No. 180243107 Page 5 of 22 Pages
------ ------
- ----------------------------------------- -------------------------------------
- -------- -----------------------------------------------------------------------
1 NAME OF REPORTING PERSON Technology Crossover Ventures II, L.P.
See Item 2 for identification of General Partner
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
- -------- -----------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) [ ]
(b) [ X ]
- -------- -----------------------------------------------------------------------
3 SEC USE ONLY
- -------- -----------------------------------------------------------------------
4 SOURCE OF FUNDS (SEE INSTRUCTIONS)
WC
- -------- -----------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2(e) [ ]
- -------- -----------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- -------- -----------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 59,703(A)
BENEFICIALLY ------ ----------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH 0(A)
REPORTING ------ ----------------------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
WITH 59,703(A)
------ ----------------------------------------------------
10 SHARED DISPOSITIVE POWER
0(A)
- -------------------- ------ ----------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
59,703(A)
- --------- ----------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
(SEE INSTRUCTIONS)
[ X ]
- --------- ----------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.7%
- --------- ----------------------------------------------------------------------
14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
PN
- --------- ----------------------------------------------------------------------
(A) Excludes an aggregate of 412,020 shares owned beneficially by the other
reporting persons indicated in this Schedule 13D, as to which this
reporting person disclaims beneficial ownership.
<PAGE>
SCHEDULE 13D
- ----------------------------------------- -------------------------------------
CUSIP No. 180243107 Page 6 of 22 Pages
------ ------
- ----------------------------------------- -------------------------------------
- -------- -----------------------------------------------------------------------
1 NAME OF REPORTING PERSON TCV II (Q), L.P.
See Item 2 for identification of General Partner
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
- -------- -----------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) [ ]
(b) [ X ]
- -------- -----------------------------------------------------------------------
3 SEC USE ONLY
- -------- -----------------------------------------------------------------------
4 SOURCE OF FUNDS (SEE INSTRUCTIONS)
WC
- -------- -----------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2(e) [ ]
- -------- -----------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- -------- -----------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 45,898(A)
BENEFICIALLY ------ ----------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH 0(A)
REPORTING ------ ----------------------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
45,898(A)
------ ----------------------------------------------------
10 SHARED DISPOSITIVE POWER
0(A)
-------------------- ------ ---------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
45,898(A)
- --------- ----------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
(SEE INSTRUCTIONS)
[ X ]
- --------- ----------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.6%
- --------- ----------------------------------------------------------------------
14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
PN
- --------- ----------------------------------------------------------------------
(A) Excludes an aggregate of 425,825 shares owned beneficially by the other
reporting persons indicated in this Schedule 13D, as to which this
reporting person disclaims beneficial ownership.
<PAGE>
SCHEDULE 13D
- ----------------------------------------- -------------------------------------
CUSIP No. 180243107 Page 7 of 22 Pages
------ ------
- ----------------------------------------- -------------------------------------
- -------- -----------------------------------------------------------------------
1 NAME OF REPORTING PERSON TCV II Strategic Partners, L.P.
See Item 2 for identification of General Partner
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
- -------- -----------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) [ ]
(b) [ X ]
- -------- -----------------------------------------------------------------------
3 SEC USE ONLY
- -------- -----------------------------------------------------------------------
4 SOURCE OF FUNDS (SEE INSTRUCTIONS)
WC
- -------- -----------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2(e) [ ]
- -------- -----------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- -------- -----------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 8,145(A)
BENEFICIALLY ------ ----------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH 0(A)
REPORTING ------ ----------------------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
WITH 8,145(A)
------ ----------------------------------------------------
10 SHARED DISPOSITIVE POWER
0(A)
- -------------------- ------ ----------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
8,145(A)
- --------- ----------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
(SEE INSTRUCTIONS)
[ X ]
- --------- ----------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.1%
- --------- ----------------------------------------------------------------------
14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
PN
- --------- ----------------------------------------------------------------------
(A) Excludes an aggregate of 463,578 shares owned beneficially by the other
reporting persons indicated in this Schedule 13D, as to which this
reporting person disclaims beneficial ownership.
<PAGE>
SCHEDULE 13D
- ----------------------------------------- -------------------------------------
CUSIP No. 180243107 Page 8 of 22 Pages
------ ------
- ----------------------------------------- -------------------------------------
- -------- -----------------------------------------------------------------------
1 NAME OF REPORTING PERSON Technology Crossover Ventures II, C.V.
See Item 2 for a list of General Partners
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
- -------- -----------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) [ ]
(b) [ X ]
- -------- -----------------------------------------------------------------------
3 SEC USE ONLY
- -------- -----------------------------------------------------------------------
4 SOURCE OF FUNDS (SEE INSTRUCTIONS)
WC
- -------- -----------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2(e) [ ]
- -------- -----------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Netherlands Antilles
- -------- -----------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 9,114(A)
BENEFICIALLY
OWNED BY ------ ----------------------------------------------------
EACH 8 SHARED VOTING POWER
REPORTING 0(A)
PERSON ------ ----------------------------------------------------
WITH 9 SOLE DISPOSITIVE POWER
9,114(A)
------ ----------------------------------------------------
10 SHARED DISPOSITIVE POWER
0(A)
- -------------------- ------ ---------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9,114(A)
- --------- ----------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
(SEE INSTRUCTIONS)
[ X ]
- --------- ----------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.1%
- --------- ----------------------------------------------------------------------
14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
PN
- --------- ----------------------------------------------------------------------
(A) Excludes an aggregate of 462,609 shares owned beneficially by the other
reporting persons indicated in this Schedule 13D, as to which this
reporting person disclaims beneficial ownership.
<PAGE>
SCHEDULE 13D
- ----------------------------------------- -------------------------------------
CUSIP No. 180243107 Page 9 of 22 Pages
------ ------
- ----------------------------------------- -------------------------------------
- -------- -----------------------------------------------------------------------
1 NAME OF REPORTING PERSON TCV II, V.O.F.
See Item 2 for a list of Managing General Partners
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
- -------- -----------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) [ ]
(b) [ X ]
- -------- -----------------------------------------------------------------------
3 SEC USE ONLY
- -------- -----------------------------------------------------------------------
4 SOURCE OF FUNDS (SEE INSTRUCTIONS)
WC
- -------- -----------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2(e) [ ]
- -------- -----------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Netherlands Antilles
- -------- -----------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 1,940(A)
BENEFICIALLY ------ ----------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH 0(A)
REPORTING ------ ----------------------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
WITH 1,940(A)
------ ----------------------------------------------------
10 SHARED DISPOSITIVE POWER
0(A)
- -------------------- ------ ----------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,940(A)
- --------- ----------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
(SEE INSTRUCTIONS)
[ X ]
- --------- ----------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
less than 0.1%
- --------- ----------------------------------------------------------------------
14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
PN
- --------- ----------------------------------------------------------------------
(A) Excludes an aggregate of 469,783 shares owned beneficially by the other
reporting persons indicated in this Schedule 13D, as to which this
reporting person disclaims beneficial ownership.
<PAGE>
SCHEDULE 13D
- ----------------------------------------- -------------------------------------
CUSIP No. 180243107 Page 10 of 22 Pages
------ ------
- ----------------------------------------- -------------------------------------
- -------- -----------------------------------------------------------------------
1 NAME OF REPORTING PERSON Technology Crossover Management II, L.L.C.
See Item 2 for a list of Managing Members
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
- -------- -----------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) [ ]
(b) [ X ]
- -------- -----------------------------------------------------------------------
3 SEC USE ONLY
- -------- -----------------------------------------------------------------------
4 SOURCE OF FUNDS (SEE INSTRUCTIONS)
OO
- -------- -----------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2(e) [ ]
- -------- -----------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- -------- -----------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 124,800(A)
BENEFICIALLY
OWNED BY ------ ---------------------------------------------------
EACH 8 SHARED VOTING POWER
REPORTING 0(A)
PERSON ------ ---------------------------------------------------
WITH 9 SOLE DISPOSITIVE POWER
124,800(A)
------ ---------------------------------------------------
10 SHARED DISPOSITIVE POWER
0(A)
- -------------------- ------ ----------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
124,800(A)
- --------- ----------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
(SEE INSTRUCTIONS)
[ X ]
- --------- ----------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
1.5%
- --------- ----------------------------------------------------------------------
14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
OO
- --------- ----------------------------------------------------------------------
(A) Excludes an aggregate of 346,923 shares owned beneficially by the other
reporting persons indicated in this Schedule 13D, as to which this
reporting person disclaims beneficial ownership.
<PAGE>
SCHEDULE 13D
- ----------------------------------------- -------------------------------------
CUSIP No. 180243107 Page 11 of 22 Pages
------ ------
- ----------------------------------------- -------------------------------------
- -------- -----------------------------------------------------------------------
1 NAME OF REPORTING PERSON Jay C. Hoag
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
- -------- -----------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) [ ]
(b) [ X ]
- -------- -----------------------------------------------------------------------
3 SEC USE ONLY
- -------- -----------------------------------------------------------------------
4 SOURCE OF FUNDS (SEE INSTRUCTIONS)
OO
- -------- -----------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2(e) [ ]
- -------- -----------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S. Citizen
- -------- -----------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 0
BENEFICIALLY ------ ----------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH 471,723
REPORTING ------ ----------------------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
WITH 471,723
------ ----------------------------------------------------
10 SHARED DISPOSITIVE POWER
0
- ------------------- ------ -----------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
471,723
- --------- ----------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
(SEE INSTRUCTIONS)
[ ]
- --------- ----------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
5.7%
- --------- ----------------------------------------------------------------------
14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN
- --------- ----------------------------------------------------------------------
<PAGE>
SCHEDULE 13D
- ----------------------------------------- -------------------------------------
CUSIP No. 180243107 Page 12 of 22 Pages
------ ------
- ----------------------------------------- -------------------------------------
- -------- -----------------------------------------------------------------------
1 NAME OF REPORTING PERSON Richard H. Kimball
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
- -------- -----------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) [ ]
(b) [ X ]
- -------- -----------------------------------------------------------------------
3 SEC USE ONLY
- -------- -----------------------------------------------------------------------
4 SOURCE OF FUNDS (SEE INSTRUCTIONS)
OO
- -------- -----------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2(e) [ ]
- -------- -----------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S. Citizen
- -------- -----------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 0
BENEFICIALLY ------ ----------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH 471,723
REPORTING ------ ----------------------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
WITH 471,723
------ ----------------------------------------------------
10 SHARED DISPOSITIVE POWER
0
------------------- ------ ----------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
471,723
- --------- ----------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
(SEE INSTRUCTIONS)
[ ]
- --------- ----------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
5.7%
- --------- ----------------------------------------------------------------------
14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN
- --------- ----------------------------------------------------------------------
<PAGE>
SCHEDULE 13D
- ----------------------------------------- -------------------------------------
CUSIP No. 180243107 Page 13 of 22 Pages
------ ------
- ----------------------------------------- -------------------------------------
Item 1.
Security and Issuer.
-------------------
The title of the class of securities to which this Schedule 13D relates is
Common Stock ("Common Stock") of Claremont Technology Group, Inc., an Oregon
corporation (the "Issuer"). The principal executive offices of the Issuer are
located at 1600 N W Compton Drive, Suite 210, Beaverton, OR 97006.
Item 2.
Identity and Background.
-----------------------
Set forth below is the following information with respect to each of
the persons filing this Schedule 13D (together, the "Filing Persons") and, in
addition, each of such person's managing partners or managing members, as the
case may be, and, if applicable, the persons controlling such managing partners
or managing members (such additional persons, together with the Filing Persons,
the "Item 2 Persons"): (a) name; (b) address of principal offices (if entity)
or residence or business address (if individual); (c) principal business (if
entity) or principal occupation and name, business and address of employer (if
individual); (d) information concerning criminal convictions during the last
five years; (e) information concerning civil or administrative proceedings under
state or federal securities laws during the past five years with respect to any
state or federal securities laws and (f) citizenship (if individual) or
jurisdiction of organization (if entity).
I.
a) Technology Crossover Ventures, L.P., a Delaware limited partnership ("TCV I,
L.P."). The General Partner of TCV I, L.P. is Technology Crossover
Management, L.L.C., a Delaware limited liability company ("TCM I"). The sole
Managing Members of TCM I are Jay C. Hoag ("Hoag") and Richard H. Kimball
("Kimball").
b) 575 High Street, Suite 400, Palo Alto, CA 94301
c) TCV I, L.P. is an investment fund.
d) No criminal convictions(1)
e) No adverse civil judgments for violations of securities laws(1)
f) Delaware
II.
a) Technology Crossover Ventures, C.V., a Netherlands Antilles limited
partnership ("TCV I, C.V."). The General Partners of TCV I, C.V. are TCM I
and Technology Crossover Administrator, N.V., a Netherlands Antilles
corporation ("TCA I"). TCA I is ultimately controlled by Hoag and Kimball.
b) Pietermaai 15, Willemstad, Curacao, Netherlands Antilles
c) TCV I, C.V. is an investment fund.
d) No criminal convictions(1)
e) No adverse civil judgments for violations of securities laws(1)
f) Netherlands Antilles
III.
a) Technology Crossover Management, L.L.C., a Delaware limited liability
company.
b) 575 High Street, Suite 400, Palo Alto, CA 94301
<PAGE>
SCHEDULE 13D
- ----------------------------------------- -------------------------------------
CUSIP No. 180243107 Page 14 of 22 Pages
------ ------
- ----------------------------------------- -------------------------------------
c) TCM I is an investment fund manager.
d) No criminal convictions(1)
e) No adverse civil judgments for violations of securities laws(1)
f) Delaware
IV.
a) Technology Crossover Administrator, N.V., a Netherlands Antilles
corporation.
b) Pietermaai 15, Willemstad, Curacao, Netherlands Antilles
c) TCA I is the Administrative General Partner of TCV I, C.V.
d) No criminal convictions(1)
e) No adverse civil judgments for violations of securities laws(1)
f) Netherlands Antilles
V.
a) Technology Crossover Ventures II, L.P., a Delaware limited partnership
("TCV II, L.P."). The General Partner of TCV II, L.P. is Technology
Crossover Management II, L.L.C., a Delaware limited liability company ("TCM
II"). The sole Managing Members of TCM II are Hoag and Kimball.
b) 575 High Street, Suite 400, Palo Alto, CA 94301
c) TCV II, L.P. is an investment fund.
d) No criminal convictions(1)
e) No adverse civil judgments for violations of securities laws(1)
f) Delaware
VI.
a) TCV II (Q), L.P., a Delaware limited partnership ("TCV II (Q)"). The General
Partner of TCV II (Q) is TCM II.
b) 575 High Street, Suite 400, Palo Alto, CA 94301
c) TCV II (Q) is an investment fund.
d) No criminal convictions(1)
e) No adverse civil judgments for violations of securities laws(1)
f) Delaware
VII.
a) TCV II Strategic Partners, L.P., a Delaware limited partnership ("TCV II
Strategic Partners"). The General Partner of TCV II Strategic Partners is
TCM II.
b) 575 High Street, Suite 400, Palo Alto, CA 94301
c) TCV II Strategic Partners is an investment fund.
d) No criminal convictions(1)
e) No adverse civil judgments for violations of securities laws(1)
f) Delaware
VIII.
a) Technology Crossover Ventures II, C.V., a Netherlands Antilles limited
partnership ("TCV II, C.V."). The General Partners of TCV II, C.V. are TCM
II and Technology Crossover Administrator II, N.V., a Netherlands Antilles
corporation ("TCA II"). TCA II is ultimately controlled by Hoag and Kimball.
b) Pietermaai 15, Willemstad, Curacao, Netherlands Antilles
c) TCV II, C.V. is an investment fund.
<PAGE>
SCHEDULE 13D
- ----------------------------------------- -------------------------------------
CUSIP No. 180243107 Page 15 of 22 Pages
------ ------
- ----------------------------------------- -------------------------------------
d) No criminal convictions(1)
e) No adverse civil judgments for violations of securities laws(1)
f) Netherlands Antilles
IX.
a) TCV II, V.O.F., a Netherlands Antilles general partnership ("TCV II,
V.O.F."). The Managing General Partners of TCV II, V.O.F. are TCM II and TCA
II.
b) Pietermaai 15, Willemstad, Curacao, Netherlands Antilles
c) TCV II, V.O.F. is an investment fund.
d) No criminal convictions(1)
e) No adverse civil judgments for violations of securities laws(1)
f) Netherlands Antilles
X.
a) Technology Crossover Management II, L.L.C., a Delaware limited liability
company.
b) 575 High Street, Suite 400, Palo Alto, CA 94301
c) TCM II is an investment fund manager.
d) No criminal convictions(1)
e) No adverse civil judgments for violations of securities laws(1)
f) Delaware
XI.
a) Technology Crossover Administrator II, N.V., a Netherlands Antilles
corporation.
b) Pietermaai 15, Willemstad, Curacao, Netherlands Antilles
c) TCA II is the Administrative General Partner of TCV II, C.V. and
TCV II, V.O.F.
d) No criminal convictions(1)
e) No adverse civil judgments for violations of securities laws(1)
f) Netherlands Antilles
XII.
a) Jay C. Hoag
b) 575 High Street, Suite 400, Palo Alto, CA 94301
c) Hoag is a Managing Member of both TCM I and TCM II.
d) No criminal convictions(1)
e) No adverse civil judgments for violations of securities laws(1)
f) Citizen of the United States of America
XIII.
a) Richard H. Kimball
b) 575 High Street, Suite 400, Palo Alto, CA 94301
c) Kimball is a Managing Member of both TCM I and TCM II.
d) No criminal convictions(1)
e) No adverse civil judgments for violations of securities laws(1)
f) Citizen of the United States of America
<PAGE>
SCHEDULE 13D
- ----------------------------------------- -------------------------------------
CUSIP No. 180243107 Page 16 of 22 Pages
------ ------
- ----------------------------------------- -------------------------------------
- --------------------
(1) During the last five years, no person listed above has been convicted
in a criminal proceeding (excluding traffic violations or similar misdemeanors),
nor has any such person been a party to a civil proceeding of a judicial or
administrative body of competent jurisdiction that resulted in such person
becoming subject to a judgment, decree or final order enjoining future
violations of, or prohibiting or mandating activities subject to, federal or
state securities laws or finding any violation with respect to such laws.
Item 3.
Source and Amount of Funds or Other Consideration.
-------------------------------------------------
All of the securities of the Issuer disclosed on the cover pages to this
Schedule 13D are held of record by the entities listed below. The source of
funds used in the acquisition of such securities, in each case, was the general
working capital of such entities. Such working capital was contributed by such
entities' respective partners.
Aggregate
Number of Aggregate Weighted Average
Holder Shares(1) Amount Paid Price Per Share
------ --------- ----------- ---------------
TCV I, L.P. 321,465 $4,086,296 $12.71
TCV I, C.V. 25,458 $323,611 $12.71
TCV II, V.O.F. 1,940 $32,062 $16.53
TCV II, L.P. 59,703 $986,820 $16.53
TCV II (Q) 45,898 $758,638 $16.53
TCV II Strategic Partners 8,145 $134,630 $16.53
TCV II, C.V. 9,114 $150,647 $16.53
Totals 471,723 $6,472,704 $13.72
- ----------
(1) Includes both open market purchases of Common Stock and Common Stock
purchased from shareholders of the Issuer in a private resale transaction
completed prior to the Issuer's initial public offering.
Item 4.
Purpose of Transaction.
----------------------
The acquisitions of the shares of the Issuer's Common Stock that are the
subject of this filing were made for the purpose of investment and not with a
view to distribution of the shares or with a view toward acquiring control of
the Issuer. The Item 2 Persons with the power to do so may sell, or cause to be
sold, all or part of such shares or acquire, or cause to be acquired, additional
securities of the Issuer depending on market conditions and other economic
factors.
Except as described above, no reporting person has any current plans or
proposals that relate to or would result in:
<PAGE>
SCHEDULE 13D
- ----------------------------------------- -------------------------------------
CUSIP No. 180243107 Page 17 of 22 Pages
------ ------
- ----------------------------------------- -------------------------------------
a. The acquisition by any person of additional securities of the Issuer, or
the disposition of securities of the Issuer;
b. An extraordinary corporate transaction, such as a merger, reorganization
or liquidation, involving the Issuer or any of its subsidiaries;
c. A sale or transfer of a material amount of assets of the Issuer or any of
its subsidiaries;
d. Any change in the present board of directors or management of the Issuer,
including any plans or proposals to change the number or term of
directors or to fill any existing vacancies on the board;
e. Any material change in the present capitalization or dividend policy of
the Issuer;
f. Any other material change in the Issuer's business or corporate
structure;
g. Changes in the Issuer's charter, bylaws or instruments corresponding
thereto or other actions which may impede the acquisition of control of
the Issuer by any person;
h. Causing a class of securities of the Issuer to be delisted from a
national securities exchange or to cease to be authorized to be quoted
in an inter-dealer quotation system of a registered national securities
association;
i. A class of equity securities of the Issuer becoming eligible for
termination of registration pursuant to Section 12(g)(4) of the Exchange
Act; or
j. Any action similar to any of those enumerated above.
Item 5.
Interest in Securities of the Issuer.
------------------------------------
(a) and (b) Except to the extent otherwise expressly stated herein, this
Schedule 13D shall not be construed as an admission that any Item 2 Person is,
either for purposes of Section 13(d) or 13(g) of the Act or for other purposes,
the beneficial owner of any Common Stock disclosed in this Schedule 13D. The
aggregate number and percentage of the class of securities identified pursuant
to Item 1 of this Schedule 13D that are beneficially owned by each Item 2 Person
are as follows:
<PAGE>
SCHEDULE 13D
- ----------------------------------------- -------------------------------------
CUSIP No. 180243107 Page 18 of 22 Pages
------ ------
- ----------------------------------------- -------------------------------------
<TABLE>
<CAPTION>
Common Stock
Beneficially Dispositive
Item 2 Person Owned % of Class(1) Voting Power Power
------------- ----- ------------- ------------ -----
<S> <C> <C> <C> <C>
TCV I, L.P. (2) 321,465 3.9% sole sole
TCV I, C.V. (2) 25,458 0.3% sole sole
TCM I 346,923 4.2% sole sole
TCA I 0 0% N/A N/A
TCV II, L.P. (3) 59,703 0.7% sole sole
TCV II (Q) (3) 45,898 0.6% sole sole
TCV II Strategic Partners 8,145 0.1% sole sole
(3)
TCV II, C.V. (3) 9,114 0.1% sole sole
TCV II, V.O.F. (3) 1,940 less than 0.1% sole sole
TCM II 124,800 1.5% sole sole
TCA II 0 0% N/A N/A
Hoag (4) 471,723 5.7% shared sole
Kimball (4) 471,723 5.7% shared sole
</TABLE>
- ----------
(1)
All percentages in this table are based, pursuant to Rule 13d-1(e) of the
Securities Exchange Act of 1934, on the 8,218,961 shares of Common Stock of
the Company outstanding as of May 6, 1997, as reported in the Company's
Quarterly Report on Form 10-Q for the period ended March 31, 1997.
(2)
Each noted entity (together, the "TCV I Funds") is the holder of record of the
securities set forth opposite the name of such entity and has sole voting and
investment power with respect to such securities. TCM I, as sole General
Partner of TCV I, L.P. and as Investment General Partner of TCV I, C.V., may
also be deemed to have sole voting and investment power with respect to such
securities. TCM I disclaims beneficial ownership of such securities except to
the extent of its pecuniary interest therein.
(3)
Each noted entity (together, the "TCV II Funds") is the holder of record of
the securities set forth opposite the name of such entity and has sole voting
and investment power with respect to such securities. TCM II, as sole General
Partner of TCV II, L.P., TCV II (Q) and TCV II Strategic Partners and as
Investment General Partner of TCV II, C.V. and TCV II, V.O.F., may also be
deemed to have sole voting and investment power with respect to such
securities. TCM II disclaims beneficial ownership of such securities except to
the extent of its pecuniary interest therein.
<PAGE>
SCHEDULE 13D
- ----------------------------------------- -------------------------------------
CUSIP No. 180243107 Page 19 of 22 Pages
------ ------
- ----------------------------------------- -------------------------------------
(4)
Under the operating agreements of both TCM I and TCM II, Hoag and Kimball have
the independent power to cause the funds managed by such entities to buy and
sell securities of publicly traded portfolio companies, however, in general,
they must act by unanimous consent with respect to all other matters,
including directing the voting of such securities. As a result, Hoag and
Kimball may also be deemed to have sole dispositive power and shared voting
power with respect to the securities held by the TCV I Funds and the TCV II
Funds. Hoag and Kimball disclaim beneficial ownership of such securities
except to the extent of their respective pecuniary interests therein.
(c) The following is a list of all transactions in the Issuer's securities by
the Item 2 Persons effected after the July 14, 1997 filing of Amendment No. 1 to
the Schedule 13D originally filed by the filers hereof on June 19, 1997. All of
such transactions were open market transactions.
<TABLE>
<CAPTION>
Aggregate Percentage Ownership
of All Item 2 Persons After
Shares Price Per Transactions Effected on Date
Purchaser Date Purchased Share Listed(1)
- --------- ---- --------- ----- ---------
<S> <C> <C> <C> <C>
TCV I, L.P. 8-13-97 35,212 $14.03 5.5%
TCV I, C.V. 8-13-97 2,788 $14.03 5.5%
TCV II, V.O.F. 8-13-97 591 $14.03 5.5%
TCV II, L.P. 8-13-97 18,178 $14.03 5.5%
TCV II (Q) 8-13-97 13,976 $14.03 5.5%
TCV II Strategic Partners 8-13-97 2,480 $14.03 5.5%
TCV II, C.V. 8-13-97 2,775 $14.03 5.5%
TCV I, L.P. 8-15-97 3,151 $15.25 5.6%
TCV I, C.V. 8-15-97 249 $15.25 5.6%
TCV II, V.O.F. 8-15-97 25 $15.25 5.6%
TCV II, L.P. 8-15-97 766 $15.25 5.6%
TCV II (Q) 8-15-97 588 $15.25 5.6%
TCV II Strategic Partners 8-15-97 104 $15.25 5.6%
TCV II, C.V. 8-15-97 117 $15.25 5.6%
TCV I, L.P. 8-15-97 7,876 $14.75 5.7%
TCV I, C.V. 8-15-97 624 $14.75 5.7%
</TABLE>
<PAGE>
SCHEDULE 13D
- ----------------------------------------- -------------------------------------
CUSIP No. 180243107 Page 20 of 22 Pages
------ ------
- ----------------------------------------- -------------------------------------
<TABLE>
<CAPTION>
Aggregate Percentage Ownership
of All Item 2 Persons After
Shares Price Per Transactions Effected on Date
Purchaser Date Purchased Share Listed(1)
- --------- ---- --------- ----- ---------
<S> <C> <C> <C> <C>
TCV II, V.O.F. 8-15-97 62 $14.75 5.7%
TCV II, L.P. 8-15-97 1,914 $14.75 5.7%
TCV II (Q) 8-15-97 1,471 $14.75 5.7%
TCV II Strategic Partners 8-15-97 261 $14.75 5.7%
TCV II, C.V. 8-15-97 292 $14.75 5.7%
</TABLE>
- ---------------
(1)
All percentages in this table are based on the 8,218,961 shares of Common
Stock of the Company outstanding as of May 6, 1997, as reported in the
Company's Quarterly Report on Form 10-Q for the quarterly period ended March
31, 1997.
(d) Inapplicable.
(e) Inapplicable.
Item 6.
Contracts, Arrangements, Understandings or Relationships with Respect
---------------------------------------------------------------------
to Securities of the Issuer.
- ---------------------------
There are no contracts, arrangements or understandings among any of the
Item 2 Persons made or entered into specifically with respect to holding,
voting or disposing of the Common Stock of the Issuer.
Under the terms of the respective Partnership Agreements of the TCV I
Funds, TCM I possesses the power to manage the investment activities of the
TCV I Funds, including the power to direct the voting and direct the
disposition of the Common Stock of the Issuer. Under the terms of the
respective Partnership Agreements of the TCV II Funds, TCM II possesses the
power to manage the investment activities of the TCV II funds, including the
power to direct the voting and disposition of the Common Stock of the Issuer.
Under the Operating Agreements of TCM I and TCM II, Hoag and Kimball (the sole
Managing Members of each of such entities) possess the power to cause TCM I
and TCM II to exercise such voting and dispositive power with respect to the
securities of the Issuer held by the TCV I Funds and the TCV II Funds.
Item 7.
Material to be Filed as Exhibits.
--------------------------------
The following exhibit was filed as Exhibit A to the originally filed
Schedule 13D relating to the Common stock of the Issuer filed by the
undersigned with the Commission on June 19, 1997 and is hereby incorporated
herein by reference:
A - Statement Appointing Designated Filer and Authorized Signer dated
June 2, 1997
<PAGE>
SCHEDULE 13D
- ----------------------------------------- -------------------------------------
CUSIP No. 180243107 Page 21 of 22 Pages
------ ------
- ----------------------------------------- -------------------------------------
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify
that the information set forth in this statement is true, complete and correct.
Dated August 25, 1997
TECHNOLOGY CROSSOVER VENTURES, L.P.,
a Delaware Limited Partnership
By: /s/ Robert C. Bensky
--------------------------------------
Robert C. Bensky, Authorized Signatory
TECHNOLOGY CROSSOVER VENTURES, C.V.,
a Netherlands Antilles Limited Partnership
By: /s/ Robert C. Bensky
--------------------------------------
Robert C. Bensky, Authorized Signatory
TECHNOLOGY CROSSOVER MANAGEMENT, L.L.C.,
a Delaware Limited Liability Company
By: /s/ Robert C. Bensky
--------------------------------------
Robert C. Bensky, Authorized Signatory
TECHNOLOGY CROSSOVER VENTURES II, L.P.,
a Delaware Limited Partnership
By: /s/ Robert C. Bensky
--------------------------------------
Robert C. Bensky, Authorized Signatory
TCV II (Q), L.P.,
a Delaware Limited Partnership
By: /s/ Robert C. Bensky
--------------------------------------
Robert C. Bensky, Authorized Signatory
TCV II STRATEGIC PARTNERS, L.P.,
a Delaware Limited Partnership
By: /s/ Robert C. Bensky
--------------------------------------
Robert C. Bensky, Authorized Signatory
TECHNOLOGY CROSSOVER VENTURES II, C.V.,
a Netherlands Antilles Limited Partnership
By: /s/ Robert C. Bensky
--------------------------------------
Robert C. Bensky, Authorized Signatory
TCV II, V.O.F.,
a Netherlands Antilles General Partnership
By: /s/ Robert C. Bensky
--------------------------------------
Robert C. Bensky, Authorized Signatory
<PAGE>
SCHEDULE 13D
- ----------------------------------------- -------------------------------------
CUSIP No. 180243107 Page 22 of 22 Pages
------ ------
- ----------------------------------------- ------------------------------------
TECHNOLOGY CROSSOVER MANAGEMENT II, L.L.C.,
a Delaware Limited Liability Company
By: /s/ Robert C. Bensky
--------------------------------------
Robert C. Bensky, Authorized Signatory
Jay C. Hoag
By: /s/ Robert C. Bensky
--------------------------------------
Robert C. Bensky, Authorized Signatory
Richard H. Kimball
By: /s/ Robert C. Bensky
--------------------------------------
Robert C. Bensky, Authorized Signatory
