Exhibit 10.3

INVESTOR RIGHTS AGREEMENT

               This Investor Rights Agreement (the "Agreement") is made and
entered into as of this 14th day of June, 2004 by and among VitalStream
Holdings, Inc., a Nevada corporation (the "Company"), the "Stockholders" listed
on the Schedule of Stockholders attached hereto (the "Stockholders") and the
Investors listed on the Schedule of Investors attached hereto (each, an
"Investor"; collectively, the "Investors") in connection with the closing of the
transactions described in that certain Purchase Agreement dated as of the date
hereof by and among the Company, the Major Investor and certain other investors
(the "Purchase Agreement"). The Stockholders, the Investors, and any permitted
transferees of the Stockholders and Investors who are party (or required to be a
party) to this Agreement are hereinafter referred to separately as a "Party" and
collectively as the "Parties."

               The Parties hereby agree as follows:

                1.   Certain Definitions.

As used in this Agreement, the following terms shall have the following
meanings:

                "Affiliate" means, with respect to any person, any other person
which directly or indirectly Controls, is Controlled by, or is under common
Control with, such person.

                "Board of Directors" means the Board of Directors of the
Company.

                "Common Stock" shall mean the Company's common stock, par value
$0.001 per share, and any securities into which such shares may hereinafter be
reclassified.

                "Control" (including the terms "controlling," "controlled by" or
"under common control with") means the possession, direct or indirect, of the
power to direct or cause the direction of the management and policies of a
Person, whether through the ownership of voting securities, by contract or
otherwise.

                "Major Investor" means WaldenVC II, L.P.

                "Major Investor's Director" has the meaning set forth in Section
2 of this Agreement.

                "Major Investor Shares" shall mean the Shares and Warrant Shares
and any other securities issued or issuable with respect to or in exchange for
Major Investor Shares.

                "Observer" has the meaning set forth in Section 3 of this
Agreement.

                "Person" means an individual, a partnership, a corporation, a
limited liability company, an association, a joint stock company, a trust, a
joint venture, an unincorporated organization or any other similar entity or
organization or a governmental entity or any department, agency or political
subdivision thereof.

                "Preferred Stock" means the Series A Preferred Stock and the
Series B Preferred Stock.

                "Regulation" means all constitutions, statutes, laws, treaties,
codes, ordinances, regulations, rules, orders, judgments, writs, injunctions,
acts, determinations, directions or decrees of any governmental entity with
jurisdiction over the respective Party or any stock exchange or market on which
any securities of the Company are listed.

                "Series A Preferred Stock" shall mean the Company's 2003 Series
A Preferred Stock, par value $0.001 per share, and any securities into which
such shares may hereinafter be reclassified.

                "Series B Preferred Stock" shall mean the Company's 2003 Series
B Preferred Stock, par value $0.001 per share, and any securities into which
such shares may hereinafter be reclassified.

                "Shares" means the shares of Common Stock issued to the Major
Investor pursuant to the Purchase Agreement.

                "Transfer" means a sale, assignment, transfer, pledge,
encumbrance or other disposition.

                "Voting Shares" shall mean shares of Common Stock, shares of
Series A Preferred Stock, shares of Series B Preferred Stock, any other equity
securities issued by the Company with rights to vote with respect to the
election of directors and any securities into which any of the foregoing may
hereinafter be reclassified (each to the extent issued and outstanding).

                "Warrants" means the warrants to purchase shares of Common Stock
issued to the Major Investor pursuant to the Purchase Agreement.

                "Warrant Shares" means the shares of Common Stock issuable upon
the exercise of the Warrants.

                2.   Board of Directors.

                (a)   Election Rights. At any time following June 30, 2004 and
from time to time until the date that the Major Investor Shares constitute no
more than five (5) percent of the Company's outstanding Common Stock (on a fully
diluted basis assuming exercise or conversion of all options, warrants,
conversion rights and other rights exercisable for or convertible into Common
Stock), each Party shall vote all of its Voting Shares now or hereafter owned by
such Party or over which such Party has voting control, and shall take all other
necessary actions within its control (whether in its capacity as a stockholder,
director, member of the Board of Directors or any committee thereof, officer of
the Company or otherwise (except to the extent such actions, upon advice of
counsel, would be a breach of, contrary to or otherwise in conflict with any
applicable Regulation or fiduciary duty imposed thereby)), and including,
without limitation (except to the extent such actions, upon advice of counsel,
would be a breach of, contrary to or otherwise in conflict with any applicable
Regulation or fiduciary duty imposed thereby), attendance at meetings in person
or by proxy for purposes of obtaining a quorum and execution of written consents
in lieu of meetings, and the Company shall take all necessary or desirable
actions within its control, including without limitation calling special Board
of Directors and stockholder meetings, so that:

                                (i)   one individual (who initially will be Phil
Sanderson) designated by the Major Investor (the "Major Investor's Director")
shall be nominated for election and elected to the Board of Directors;

                                (ii)   to the extent permitted under applicable
Regulation, the removal from the Board of Directors (with or without cause) of
the Major Investor's Director shall be at the written request of the Major
Investor but only upon such written request and under no other circumstances;
and

                                (iii)   in the event that the Major Investor's
Director ceases to serve as a member of the Board of Directors during his term
of office (whether by death, resignation or removal), the resulting vacancy on
the Board of Directors shall be filled by an individual designated by the Major
Investor.

                (b)   Expenses and Board Compensation. The Company shall pay the
reasonable out-of-pocket expenses incurred by the Major Investor's Director and
the Observer in connection with attending the meetings of the Board of Directors
and other travel requested by the Company associated with the Major Investor's
investment in the Company to the extent the Company receives reasonable
documentation evidencing the amount and purposes of such expenditures. In
addition, the Company shall pay the reasonable out-of-pocket expenses, up to an
aggregate of $8,000 per annum, incurred by the Major Investor's Director, the
Observer and Persons designated by either of them in connection with travel
reasonably associated with the business of the Company to the extent the Company
receives reasonable documentation of the amount and purposes of such
expenditures. The Company also agrees to provide compensation to the Major
Investor's Director and each other director of the Company affiliated with any
stockholders that beneficially own more than 5% of the outstanding Common Stock
of the Company that shall be not less than the compensation (if any) provided to
any other director of the Company affiliated with greater than 5% stockholders
of the Company.

                (c)   Failure to Designate Major Investor's Director. If the
Major Investor fails to designate an individual to fill the Major Investor's
Directorship pursuant to the terms of this Section 2, the individual previously
holding such directorship shall be elected to such position, or if such
individual fails or declines to serve, the election of an individual to such
directorship shall be accomplished in accordance with the Company's Bylaws and
applicable Regulation; provided that each Party shall vote all Voting Shares now
or hereafter owned by such Party or over which such Party has voting control to
remove such individual at that time when the Major Investor desires to designate
an individual to fill the Major Investor's Directorship.

                (d)   Failure to Vote.

                                (i)   With Respect to a Scheduled Meeting. In
the event that any Party shall fail to vote all shares of Voting Shares now or
hereafter owned by such Party or over which such Party has voting control at a
duly noticed meeting of shareholders of the Company with respect to which the
election or removal of directors is included in the notice of meeting so as to
achieve any election or removal of a Major Investor's Director, as set forth in
this Section 2, such Party shall be deemed immediately upon the existence of
such breach to have granted to the Chairman of the Board of Directors (or, if no
Chairman of the Board of Directors has been elected, the Chief Executive Officer
of the Company), a proxy to all shares of Voting Shares now or hereafter owned
by such Party or over which such Party has voting control to solely ensure (and
only to the extent required to ensure) that all such shares or other securities
will be voted as prescribed in this Section 2, of this Agreement. Each Party
acknowledges that each proxy granted hereby, including any successive proxy, is
coupled with an interest and is given to secure the performance of a duty and
shall be irrevocable until the duty is performed.

                                (i)   With Respect to Consent or Other Meeting.
In the event that any Party shall fail to vote all shares of Voting Shares now
or hereafter owned by such Party or over which such Party has voting control
with respect to a written consent or at any meeting of shareholders other than a
duly noticed meeting of shareholders of the Company with respect to which the
election or removal of directors is included in the notice of meeting so as to
achieve any election or removal of a Major Investor's Director, as set forth in
this Section 2, such Party shall be deemed (if such breach is not cured within
five business days of such Party's receipt of notice of such breach) to have
granted to the Chairman of the Board of Directors (or, if no Chairman of the
Board of Directors has been elected, the Chief Executive Officer of the
Company), a proxy to all shares of Voting Shares now or hereafter owned by such
Party or over which such Party has voting control to solely ensure (and only to
the extent required to ensure) that all such shares or other securities will be
voted as prescribed in this Section 2, of this Agreement. Each Party
acknowledges that each proxy granted hereby, including any successive proxy, is
coupled with an interest and is given to secure the performance of a duty and
shall be irrevocable until the duty is performed.

                3.   Board of Director Observation Rights. At any time until the
date that the Major Investor Shares constitute no more than five (5) percent of
the Company's outstanding Common Stock (on a fully diluted basis assuming
exercise or conversion of all options, warrants, conversion rights and other
rights exercisable for or convertible into Common Stock), the Company shall give
the Major Investor written notice of each meeting of the Board of Directors, at
the same time and in the same manner as notice is given to the directors of the
Board of Directors, and the Company shall permit one representative selected by
the Major Investor (the "Observer") to attend, as an observer, all such
meetings. The Observer shall be entitled to receive all written materials and
other information (including, without limitation, copies of meeting minutes)
given to directors of the Board of Directors in connection with such meetings at
the same time such materials and information are given to such directors. The
Company shall provide a copy of any proposed action by written consent in lieu
of a meeting of directors of the Company to the Observer prior to the effective
date upon delivery to the members of the Board of Directors of such consent
describing in reasonable detail the nature and substance of such action. In
connection with the attendance of any meeting, or the receipt of any materials
and other information by the Observer, to the extent required by Regulation FD
promulgated under the Securities Act of 1933, as amended, or any other
applicable securities law or Regulation that would, absent such confidentiality
agreement, require public disclosure of the information learned by the Observer
at such meeting or through the receipt of such information or materials, the
Observer shall sign a confidentiality agreement in form and substance reasonably
satisfactory to the Observer and the Company. Notwithstanding anything in this
Section 3 to the contrary, at any time the Major Investor's Director is serving
on the Board of Directors, any notice, consent, explanation, written material or
other information delivered to the Major Investor's Director shall be deemed to
have been delivered to the Observer.

                4.   Legend. Each instrument evidencing the Voting Shares held
by a Person who is a signatory to this Agreement, and each instrument issued in
exchange for or upon the Transfer of any Voting Shares held by a Person who is a
signatory to this Agreement shall be stamped or otherwise imprinted with a
legend in substantially the following form:

"THE SECURITIES REPRESENTED BY THIS INSTRUMENT ARE SUBJECT TO AN INVESTOR RIGHTS
AGREEMENT, DATED AS OF JUNE 14, 2004, AMONG THE ISSUER OF SUCH SECURITIES (THE
"COMPANY"), THE STOCKHOLDERS OF THE COMPANY, AND THE MAJOR INVESTOR REFERRED TO
THEREIN, AS AMENDED, RESTATED AND MODIFIED FROM TIME TO TIME. A COPY OF SUCH
INVESTOR RIGHTS AGREEMENT SHALL BE FURNISHED WITHOUT CHARGE BY THE COMPANY TO
THE HOLDER HEREOF UPON WRITTEN REQUEST."

                5.   Miscellaneous.

                (a)   Amendments and Waivers. This Agreement may be amended only
by a writing signed by the Company, the Major Investor and the holders of a
majority of the votes of Voting Shares (excluding any Major Investor Shares)
held by the Investors, and the holders of a majority of the votes of the Voting
Shares held by the Stockholders.

                (b)   Notices. Unless otherwise provided, any notice required or
permitted under this Agreement shall be given in writing and shall be deemed
effectively given as hereinafter described (i) if given by personal delivery,
then such notice shall be deemed given upon such delivery, (ii) if given by
e-mail or telecopier, then such notice shall be deemed given upon receipt of
confirmation of complete transmittal, (iii) if given by mail, then such notice
shall be deemed given upon the earlier of (A) receipt of such notice by the
recipient or (B) three days after such notice is deposited in first class mail,
postage prepaid and (iv) if given by an internationally recognized overnight air
courier, then such notice shall be deemed given one business day after delivery
to such carrier. All notices shall be addressed to the Party to be notified at
the address as follows, or at such other address as such Party may designate by
ten days' advance written notice to the other Parties:

If to the Company or the Major Investor:

to the addresses set forth on the signature pages hereto.

If to the Stockholders:

to the addresses set forth on the Schedule of Stockholders attached hereto.

                (c)   Assignments and Transfers by Parties. The provisions of
this Agreement shall be binding upon and inure to the benefit of the Parties and
their respective successors and assigns. Except as provided in the following
sentence, a Party may not Transfer, in whole or in part, its Voting Shares
unless such Party complies with all Regulations applicable thereto, such party
provides written notice of the assignment to the Company promptly after such
assignment is effected and the assignee executes a counterpart to this Agreement
assuming all rights and obligations of a Party hereunder. Notwithstanding the
foregoing, any Party may Transfer its Voting Shares (but not its rights
hereunder) to a Person that is not an Affiliate of the Transferring Party
pursuant to Rule 144 promulgated under the Securities Act of 1933, as amended,
or in an offering registered under the Securities Act of 1933, as amended,
without complying with the requirements set forth in the preceding sentence.

                (d)   Assignments and Transfers by the Company. This Agreement
may not be assigned by the Company (whether by operation of law or otherwise)
without the prior written consent of the Major Investor and the holders of a
majority of the votes of Voting Shares (excluding any Major Investor Shares)
held by the Stockholders, provided, however, that the Company may assign its
rights and delegate its duties hereunder to any surviving or successor
corporation in connection with a merger or consolidation of the Company with
another corporation, or a sale, transfer or other disposition of all or
substantially all of the Company's assets or Voting Shares to another Person
without the prior written consent of the Major Investor and the holders of a
majority of the votes of Voting Shares held by the Stockholders, after notice
duly given by the Company to each Party; provided that such Person or successor
corporation assumes the Company's obligations under this Agreement.

                (e)   Benefits of the Agreement. The terms and conditions of
this Agreement shall inure to the benefit of and be binding upon the respective
permitted successors and assigns of the parties. Nothing in this Agreement,
express or implied, is intended to confer upon any party other than the parties
hereto or their respective successors and assigns any rights, remedies,
obligations, or liabilities under or by reason of this Agreement, except as
expressly provided in this Agreement.

                (f)   Counterparts; Faxes. This Agreement may be executed in two
or more counterparts, each of which shall be deemed an original, but all of
which together shall constitute one and the same instrument. This Agreement may
also be executed via facsimile, which shall be deemed an original.

                (g)   Titles and Subtitles. The titles and subtitles used in
this Agreement are used for convenience only and are not to be considered in
construing or interpreting this Agreement.

                (h)   Severability. Any provision of this Agreement that is
prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction,
be ineffective to the extent of such prohibition or unenforceability without
invalidating the remaining provisions hereof but shall be interpreted as if it
were written so as to be enforceable to the maximum extent permitted by
applicable Regulation, and any such prohibition or unenforceability in any
jurisdiction shall not invalidate or render unenforceable such provision in any
other jurisdiction. To the extent permitted by applicable Regulation, the
parties hereby waive any provision of Regulation which renders any provisions
hereof prohibited or unenforceable in any respect.

                (i)   Further Assurances. The parties shall execute and deliver
all such further instruments and documents and take all such other actions as
may reasonably be required to carry out the transactions contemplated hereby and
to evidence the fulfillment of the agreements herein contained.

                (j)   Entire Agreement. This Agreement is intended by the
parties as a final expression of their agreement and intended to be a complete
and exclusive statement of the agreement and understanding of the parties hereto
in respect of the subject matter contained herein. This Agreement supersedes all
prior agreements and understandings between the parties with respect to such
subject matter; provided, however, this Agreement shall not supersede,
terminate, amend or affect the Amended and Restated Investor Rights Agreement
dated September 30, 2003 among the Company and the parties thereto.

                (k)   Governing Law; Consent to Jurisdiction; Waiver of Jury
Trial. This Agreement shall be governed by, and construed in accordance with,
the internal laws of the State of California without regard to the choice of law
principles thereof. Each of the parties hereto irrevocably submits to the
exclusive jurisdiction of the state and federal courts of the State of
California for the purpose of any suit, action, proceeding or judgment relating
to or arising out of this Agreement and the transactions contemplated hereby.
Service of process in connection with any such suit, action or proceeding may be
served on each party hereto anywhere in the world by the same methods as are
specified for the giving of notices under this Agreement. Each of the parties
hereto irrevocably consents to the jurisdiction of any such court in any such
suit, action or proceeding and to the laying of venue in such court. Each party
hereto irrevocably waives any objection to the laying of venue of any such suit,
action or proceeding brought in such courts and irrevocably waives any claim
that any such suit, action or proceeding brought in any such court has been
brought in an inconvenient forum. EACH OF THE PARTIES HERETO WAIVES ANY RIGHT TO
REQUEST A TRIAL BY JURY IN ANY LITIGATION WITH RESPECT TO THIS AGREEMENT AND
REPRESENTS THAT COUNSEL HAS BEEN CONSULTED SPECIFICALLY AS TO THIS WAIVER.

[signature page follows]

 

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                IN WITNESS WHEREOF, the parties have executed this Agreement or
caused their duly authorized officers to execute this Agreement as of the date
first above written.

 

The Company:

 

VITALSTREAM HOLDINGS, INC.

                   

By:

/s/ Paul Summers

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Name:

Paul Summers

   

Title:

President

           

VitalStream Holdings, Inc.
One Jenner, Suite 100
Irvine, California 92618
Attention: Chief Operating Officer
Fax: (949) 453-8686

                       

 

 

 

 

[Signature Page to Investor Rights Agreement]

 

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The Stockholders:

 

Epoch Hosting, Inc.

                   

By:

/s/ R. Gregory Breetz

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Name:

R. Gregory Breetz

   

Title:

CFO

                   

DOLPHIN COMMUNICATIONS FUND II, L.P.

                   

By:

Dolphin Communications II, L.P.,
Its General Partner

           

By:

Dolphin Communications, L.L.C.,
Its General Partner

           

By:

/s/ Dennis O'Connell

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Name:

Dennis O'Connell

   

Title:

                     

DOLPHIN COMMUNICATIONS PARALLEL FUND II (NETHERLANDS), L.P.

                   

By:

Dolphin Communications II, L.P.,
Its General Partner

           

By:

Dolphin Communications, L.L.C.,
Its General Partner

           

By:

/s/ Dennis O'Connell

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Name:

Dennis O'Connell

   

Title:

         

 

[Signature Page to Investor Rights Agreement]

 

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Stockholders (cont.)

   

/s/ Paul Summers

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Paul Summers, an individual

                     

/s/ Philip N. Kaplan

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Philip N. Kaplan, an individual

                     

/s/ David R. Williams

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David R. Williams, an individual

                     

/s/ Steve Smith

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Steve Smith, an individual

               

 

 

 

 

[Signature Page to Investor Rights Agreement]

 

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Investor:

 

WALDENVC II, L.P.

           

By:

WaldenVC LLC,
Its General Partner

                   

By:

/s/ Phil Sanderson

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Name:

Phil Sanderson

   

Title:

General Partner

           

Address:

750 Battery Street, Suite 700
San Francisco, CA 94111
Attention: Phil Sanderson
Telephone: (415) 391-7225
Fax: (415) 391-7262

                       

 

 

 

[Signature Page to Investor Rights Agreement]

 

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Investor:

 

ThinkEquity Investment Partners IV LLC

           

By:

ThinkEquity Holdings, LLC, Manager

                   

By:

/s/ Robert Schooler

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Name:

Robert Schooler

   

Title:

CFO

       

Address for Notice:

 

475 Sansome Street, Suite 800
San Francisco, CA 94111
Telephone: 415-249-2900
Facsimile: 415-249-0975
Email: bschooler@thinkequity.com

           

with a copy to:

Att: Peter Bailey
ThinkEquity Partners LLC
475 Sansome Street, Suite 800
San Francisco, CA 94111
Telephone: 415-249-1351
Facsimile: 415-249-0975
Email: pbailey@thinkequity.com

       

 

 

 

 

[Signature Page to Investor Rights Agreement]

 

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Investor:

 

Newlight Associates II, L.P.

                   

By:

/s/ Robert M. Brill

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Name:

Robert M. Brill

   

Title:

General Partner

       

Address for Notice:

 

Newlight Associates II, LP
500 North Broadway
Suite 144
Jericho, NY 11753
Telephone: 516-433-0090
Facsimile: 516-433-0412
Email: mcmorrow@nlventures.com

           

with a copy to:

__________________________________
__________________________________
__________________________________
__________________________________
__________________________________

       

 

 

 

 

 

[Signature Page to Investor Rights Agreement]

 

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Investor:

 

Newlight Associates II, (BVI), L.P.

                   

By:

/s/ Robert M. Brill

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Name:

Robert M. Brill

   

Title:

General Partner

       

Address for Notice:

 

Newlight Associates II, (BVI), LP
500 North Broadway
Suite 144
Jericho, NY 11753
Telephone: 516-433-0090
Facsimile: 516-433-0412
Email: mcmorrow@nlventures.com

           

with a copy to:

__________________________________
__________________________________
__________________________________
__________________________________
__________________________________

       

 

 

 

 

[Signature Page to Investor Rights Agreement]

 

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Investor:

 

Newlight Associates II-E, L.P.

                   

By:

/s/ Robert M. Brill

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Name:

Robert M. Brill

   

Title:

General Partner

       

Address for Notice:

 

Newlight Associates II-E, LP
500 North Broadway
Suite 144
Jericho, NY 11753
Telephone: 516-433-0090
Facsimile: 516-433-0412
Email: mcmorrow@nlventures.com

           

with a copy to:

__________________________________
__________________________________
__________________________________
__________________________________
__________________________________

       

 

 

 

 

[Signature Page to Investor Rights Agreement]

 

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Investor:

 

NanoCap Fund, LP

                   

By:

/s/ P. Bart Stephens

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Name:

P. Bart Stephens

   

Title:

Managing Partner

       

Address for Notice:

 

Stephens Investment Management
One Sansome St. Suite 2900
San Francisco, CA 94104
Telephone: (415) 835-3819
Facsimile: (415) 835-3827
Email: bart@stephensim.com

           

with a copy to:

Dan Nero
Hedgeworks, LLC
1900 Wright Place, Suite 100
Carlsbad, CA 92008
Attn: SIM file
Telephone:760-804-7695
Facsimile: 760-804-9304
Email: dtnero@hedgeworks.com

                       

 

 

 

[Signature Page to Investor Rights Agreement]

 

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Investor:

 

Nanocap Qualified Fund, LP

                   

By:

/s/ P. Bart Stephens

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Name:

P. Bart Stephens

   

Title:

Managing Partner

       

Address for Notice:

 

Stephens Investment Management
One Sansome St. Suite 2900
San Francisco, CA 94104
Telephone: (415) 835-3819
Facsimile: (415) 835-3827
Email: bart@stephensim.com

           

with a copy to:

Dan Nero
Hedgeworks, LLC
1900 Wright Place, Suite 100
Carlsbad, CA 92008
Attn: SIM file
Telephone:760-804-7695
Facsimile: 760-804-9304
Email: dtnero@hedgeworks.com

                       

 

 

 

[Signature Page to Investor Rights Agreement]

 

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Investor:

 

RS Orphan Fund, LP.

                   

By:

/s/ Paul H. Stephens

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Name:

Paul H. Stephens

   

Title:

Investment Advisory General Partner

       

Address for Notice:

 

c/o RS Investments
89 Market Street, Suite 1700
San Francisco, CA 94111
Telephone: (415) 591-2700
Facsimile: (415) 591-2852
Email: mwilliamson@rsinvestments.com
pstephens@rsinvestments.com

           

with a copy to:

__________________________________
__________________________________
__________________________________
__________________________________
__________________________________

                       

 

 

 

[Signature Page to Investor Rights Agreement]

 

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Investor:

 

Michael F. Linos

                   

By:

/s/ Michael F. Linos

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Address
41 Parkcrest
Irvine, CA 92620
Attn: Michael F. Linos
Telephone: 714-368-1392
Facsimile: 714-368-1394

               

 

 

 

[Signature Page to Investor Rights Agreement]

 

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Investor:

 

Mark Z. Belzowski

                   

By:

/s/ Mark Z. Belzowski

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[Signature Page to Investor Rights Agreement]

 

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Investor:

 

Arturo Sida

                   

By:

/s/ Arturo Sida

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Address
26625 Honey Creek Rd.
Rancho Palos Verdes, CA 90275
Attention:
Telephone: (310) 541-7609
Fax:

               

 

 

 

 

[Signature Page to Investor Rights Agreement]

 

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Investor:

 

David R. Williams

                   

By:

/s/ David R. Williams

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Address
363 Newport Glen Court
Newport Beach, CA 92660
Attention:
Telephone:
Fax:

               

 

 

 

 

[Signature Page to Investor Rights Agreement]

 

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SCHEDULE OF STOCKHOLDERS

 

Name and Address

Number of Shares of
Common Stock and 2003 Series A Preferred Stock Prior to Conversion

 

Epoch Hosting, Inc.
c/o Dolphin Equity Partners
750 Lexington Avenue
16th Floor
New York, NY 10022
Attention: Mr. Richard J. Brekka
Facsimile: (212) 446-1638

3,848,760 Common

No Preferred

 

Dolphin Communications Fund II, L.P.
Dolphin Communications Parallel Fund II (Netherlands), L.P.
750 Lexington Avenue
16th Floor
New York, NY 10022
Attention: Mr. Richard J. Brekka
Facsimile: (212) 446-1638

95,889 Common
9,650 Common

495 Preferred
55 Preferred

 

Paul Summers (held in trust)
5 Running Brook Drive
Coto de Caza CA 92679
Telephone: (949) 459-8561

3,804,444 Common
No Preferred

 

Philip N. Kaplan
7 Cavaillon
Newport Coast, CA 92657
Telephone: (949) 706-9436

3,804,444 Common
50 Preferred

 

David R. Williams
363 Newport Glen Court
Newport Beach, CA 92660
Telephone: (949) 646-3168

568,944 Common
No Preferred

 

Steve Smith
1103 N. Lowell Street
Santa Ana, CA 92703
Telephone: (949) 678-0292

534,786 Common
25 Preferred

 

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SCHEDULE OF INVESTORS

 

Name and Address

Number of Shares of
Common Stock

       

WaldenVC II, L.P.
750 Battery Street, Suite 700
San Francisco, CA 94111
Attention: Phil Sanderson
Telephone: (415) 391-7225
Facsimile: (415) 391-7262

9,782,821

 

Dolphin Communications Fund II, L.P.
Dolphin Communications Parallel Fund II (Netherlands), L.P.
750 Lexington Avenue
16th Floor
New York, NY 10022
Attention: Mr. Richard J. Brekka
Facsimile: (212) 446-1638

3,078,165
345,823

 

ThinkEquity Investment Partners IV LLC
475 Sansome Street, Suite 800
San Francisco, CA 94111
Telephone: (415) 249-2900
Facsimile: (415) 249-0975

751,647

 

NewLight Associates II, L.P.
NewLight Associates II, (BVI), L.P.
NewLight Associates II-E, L.P.

500 North Broadway, Suite 144
Jericho, NY 11753
Telephone: (516) 433-0090
Facsimile: (516) 433-0412

1,078,393
378,595
173,482

 

NanoCap Fund LP
Nanocap Qualified Fund LP
c/o Stephens Investment Management
One Sansome St., Suite 2900
San Francisco, CA 94104
Telephone: (415) 835-3819
Facsimile: (415) 835-3827

472,836
342,399

 

RS Orphan Fund, LP.
c/o RS Investments
388 Market Street, Suite 1700
San Francisco, CA 91111
Telephone: (415) 591-2700
Facsimile: (415) 591-2852

815,236

 

Michael Linos
41 Parkcrest
Irvine, CA 92620
Telephone: (714) 368-1392
Facsimile: (714) 368-1394

329,355

 

Mark Belzowski
27 Abeto
Irvine, CA 92620
Telephone: (714) 573-1250

195,656

 

Arturo Sida
26625 Honey Creek Rd.
Rancho Palos Verdes, CA 90275
Telephone: (310) 541-7609

40,762

 

David Williams
363 Newport Glen Court
Newport Beach, CA 92660
Telephone: (949) 646-3168

150,003

 

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