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EXHIBIT 10.6a
AMENDMENT TO
SECOND AMENDED AND RESTATED
FIRST REFUSAL AND CO-SALE AGREEMENT
THIS AMENDMENT TO THE SECOND AMENDED AND RESTATED FIRST REFUSAL AND
CO-SALE AGREEMENT (this "Amendment") is made as of the 27th day of September
2000 and amends that certain Second Amended and Restated First Refusal and
Co-Sale Agreement dated as of December 22, 1999 among the Company and the
Investors and Founders listed on Schedule A (the "Agreement").
WHEREAS, Section 6.4 of the Agreement provides that the Agreement may be
amended only with the written consent of (i) Founders holding a majority of the
Common Stock of the Company then held by all of the Founders, (ii) the Company
and (iii) Investors holding sixty percent (60%) of the of the Common Stock
issuable or issued upon conversion of the Preferred Stock of the Company then
held by all Investors; and
WHEREAS, the undersigned include (i) Founders holding a majority of the
Common Stock of the Company then held by all of the Founders, (ii) the Company
and (iii) Investors holding sixty percent (60%) of the of the Common Stock
issuable or issued upon conversion of the Preferred Stock of the Company then
held by all Investors; and
WHEREAS, under Section 6.1 of the Agreement, the Agreement terminates
immediately prior to the closing of a bona fide firm commitment underwritten
public offering of the Company's Common Stock, the public offering price of
which was not less than $7.60 per share (adjusted to reflect subsequent stock
dividends, stock splits or recapitalizations), and $30,000,000 gross proceed to
the Company (before deducting underwriters' discounts, commissions and
expenses); and
WHEREAS, the undersigned and the Company desire to amend Section 6.1 of
the Agreement to reduce the public offering price pursuant to which the
Agreement shall terminate;
NOW, THEREFORE, in consideration of the mutual promises and covenants set
forth herein, the parties hereto hereby amend the Agreement, effective as of the
date hereof, to amend Section 6.1 of the Agreement to replace "$7.60 (adjusted
to reflect subsequent stock dividends, stock splits and recapitalizations)" with
"$7.00 (without adjustment to reflect subsequent stock dividends, stock splits
and recapitalizations)."
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IN WITNESS WHEREOF, the parties have executed this Agreement as of the
date first above written.
THE COMPANY:
WEBRIDGE, INC.
By: GARY N. FIELLAND
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Gary N. Fielland
Chief Executive Officer
Address: 1925 N.W. AmberGlen Parkway
Beaverton, Oregon 97006
INVESTORS:
MERITECH CAPITAL PARTNERS L.P.
By: Meritech Capital Associates L.L.C.
its General Partner
By: Meritech Management Associates L.L.C.
a managing member
By: MICHAEL B. GORDON
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Michael B. Gordon, a managing member
MERITECH CAPITAL AFFILIATES L.P.
By: Meritech Capital Associates L.L.C.
its General Partner
By: Meritech Management Associates L.L.C.
a managing member
By: MICHAEL B. GORDON
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Michael B. Gordon, a managing member
Signature Page to Webridge, Inc.
Amendment to Second Amended and Restated First Refusal and Co-Sale Agreement
2
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Address: 90 Middlefield Road, Suite 201
Menlo Park, CA 94025
SEVIN ROSEN FUND V L.P.
By: SRB Associates V L.P.
Its General Partner
By: JOHN V. JAGGERS
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(signature)
Name: John V. Jaggers
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Title: General Partner
SEVIN ROSEN V AFFILIATES FUND L.P.
By: SRB Associates V L.P.
Its General Partner
By: JOHN V. JAGGERS
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(signature)
Name: John V. Jaggers
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Title: General Partner
SEVIN ROSEN BAYLESS MANAGEMENT COMPANY
By: JOHN V. JAGGERS
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(signature)
Name: John V. Jaggers
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Title: Vice President
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Address: c/o The Sevin Rosen Funds
13455 Noel Road, Suite 1670
Dallas, Texas 75240
Signature Page to Webridge, Inc.
Amendment to Second Amended and Restated First Refusal and Co-Sale Agreement
3
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OLYMPIC VENTURE PARTNERS IV, L.P.
By: OVMC IV, L.L.C., General Partner
By: GERARD H. LANGELER
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(signature)
Name: Gerard H. Langeler
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Title: Member
Address: 2420 Carillon Point
Kirkland, Washington 98033
OVP IV ENTREPRENEURS FUND, L.P.
By: OVMC IV, L.L.C., General Partner
By: GERARD H. LANGELER
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(signature)
Name: Gerard H. Langeler
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Title: Member
Address: 2420 Carillon Point
Kirkland, Washington 98033
KAUFMAN FAMILY LLC
By: HENRY KAUFMAN
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Name: Henry Kaufman
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Title: Member
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Address: 660 Madison Avenue, 15th Floor
New York, NY 10021
INDIVIDUAL INVESTOR:
GARY N. FIELLAND
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Gary N. Fielland
Address: 11255 NW Ridge Road
Portland, Oregon 97229
INDIVIDUAL INVESTOR:
Signature Page to Webridge, Inc.
Amendment to Second Amended and Restated First Refusal and Co-Sale Agreement
4
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WILLIAM W. LATTIN
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William W. Lattin, as Trustee for The William
and June Lattin Revocable Living Trust
Address: The William and June Lattin Revocable
Living Trust
10911 NW Quarry Road
Portland, Oregon 97231
INDIVIDUAL INVESTOR:
GREGORY DARMOHRAY
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Gregory Darmohray
Address: 8350 NW Ash
Portland, OR 97229
INDIVIDUAL INVESTOR:
MARCIA HOOPER
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Marcia Hooper
Address: 4 Claybrook Road
Dover, MA 02030
FOUNDER:
GARY N. FIELLAND
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Gary N. Fielland
Address: c/o Webridge, Inc.
1925 N. AmberGlen Parkway
Beaverton, Oregon 97006
FOUNDER:
MARK S. ANASTAS
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Mark S. Anastas
Address: c/o Webridge, Inc.
1925 N. AmberGlen Parkway
Beaverton, Oregon 97006
Signature Page to Webridge, Inc.
Amendment to Second Amended and Restated First Refusal and Co-Sale Agreement
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FOUNDER:
GARY M. RAETZ
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Gary M. Raetz
Address: c/o Webridge, Inc.
1925 N. AmberGlen Parkway
Beaverton, Oregon 97006
FOUNDER:
ARUN GARG
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Arun Garg
Address: c/o Webridge, Inc.
1925 N. AmberGlen Parkway
Beaverton, Oregon 97006
FOUNDER:
JEFFREY J. BERKOWITZ
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Jeffrey J. Berkowitz
Address: c/o Webridge, Inc.
1925 N. AmberGlen Parkway
Beaverton, Oregon 97006
FOUNDER:
JOSEPH A. HULL
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Joseph A. Hull
Address: c/o Webridge, Inc.
1925 N. AmberGlen Parkway
Beaverton, Oregon 97006
FOUNDER:
GARY A. WHITNEY
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Gary A. Whitney
Signature Page to Webridge, Inc.
Amendment to Second Amended and Restated First Refusal and Co-Sale Agreement
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Address: c/o Webridge, Inc.
1925 N. AmberGlen Parkway
Beaverton, Oregon 97006
FOUNDER:
STEVEN A. SHAPIRO
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Steven A. Shapiro
Address: c/o Webridge, Inc.
1925 N. AmberGlen Parkway
Beaverton, Oregon 97006
FOUNDER:
PETER J. BRAY
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Peter J. Bray
Address: c/o Webridge, Inc.
1925 N. AmberGlen Parkway
Beaverton, Oregon 97006
FOUNDER:
LAURA M. FREEMAN
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Laura M. Freeman
Address: c/o Webridge, Inc.
1925 N. AmberGlen Parkway
Beaverton, Oregon 97006
FOUNDER:
STEVE P. PAQUIN
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Steve P. Paquin
Address: c/o Webridge, Inc.
1925 N. AmberGlen Parkway
Beaverton, Oregon 97006
Signature Page to Webridge, Inc.
Amendment to Second Amended and Restated First Refusal and Co-Sale Agreement
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FOUNDER:
PHILLIP E. HOCHSTETLER
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Phillip E. Hochstetler
Address: c/o Webridge, Inc.
1925 N. AmberGlen Parkway
Beaverton, Oregon 97006
Signature Page to Webridge, Inc.
Amendment to Second Amended and Restated First Refusal and Co-Sale Agreement
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