ITS ACTIVITIES IN THE
ORDINARY COURSE OF BUSINESS CONSISTENT WITH PAST PRACTICE, IN ACCORDANCE WITH
SECTION 7.5.8 OF THE AGREEMENT, (II) PROMPTLY PROVIDE TO THE BENEFICIARY AND ITS
ADVISERS WITH ALL INFORMATION RELATING TO THE OPERATIONS OF THE COMPANY,
INCLUDING ACCESS AT ALL REASONABLE TIMES TO ALL EMPLOYEES, BOOKS, RECORDS AND
FILES, AND OTHER RELEVANT INFORMATION AND ALL CO-OPERATION AND ASSISTANCE, AS
MAY BE REASONABLY REQUIRED BY THE BENEFICIARY, AND, (III) WITHOUT LIMITING THE
FOREGOING, UNDERTAKE AND CAUSE THE COMPANY, NOT TO TAKE OR COMMIT TO TAKE ANY
ACTION SET FORTH IN SCHEDULE A .
(E)
THE PARTIES SHALL USE THEIR BEST EFFORTS TO
CAUSE THE TRANSFER OF THE OPTION SHARES DATE TO TAKE PLACE ON JANUARY 2, 2008.
IN THE FIRST SENTENCE OF SECTION 7.3 OF THE AGREEMENT, THE TERMS "15 DAYS" ARE
HEREBY DELETED AND REPLACED WITH THE TERMS "THREE (3) BUSINESS DAYS".
(F)
THE OPTION PURCHASE PRICE SHALL BE 1.46
TIMES THE COMPANY'S SALES REVENUE FOR CONCEPTUS PRODUCTS FOR THE FISCAL YEAR
2007. IN THE CHART ENTITLED "ON OPTION PERIOD 1" OF SECTION 7.2.1 OF THE
AGREEMENT, THE FIGURES "1.62" AND "2006" ARE HEREBY DELETED AND RESPECTIVELY
REPLACED WITH THE FIGURES "1.46." AND "2007".
(G)
THE SECOND AMENDMENT SHALL BE EFFECTIVE UPON
THE DATE HEREOF, WHEREUPON THE AGREEMENT SHALL BE, AND HEREBY IS, AMENDED AS SET
FORTH HEREIN.
(H)
THE PROVISIONS OF THE AGREEMENT THAT ARE NOT
MODIFIED BY THE SECOND AMENDMENT REMAIN UNCHANGED.
(I)
THE SECOND AMENDMENT SHALL BE
EXCLUSIVELY GOVERNED AND CONSTRUED IN ACCORDANCE WITH FRENCH LAW. ALL DISPUTES
ARISING OUT OF OR IN CONNECTION WITH THE SECOND AGREEMENT (INCLUDING WITHOUT
LIMITATION WITH RESPECT TO ITS SIGNATURE, VALIDITY, PERFORMANCE, INTERPRETATION,
TERMINATION AND POST-TERMINATION OBLIGATIONS HEREOF) SHALL BE SUBMITTED TO THE
EXCLUSIVE JURISDICTION OF THE COMMERCIAL COURT OF PARIS
[The next page is the signature page.]
3
Made on October 31st, 2007 in sixteen (16) identical copies.
/s/ Yves Guillemain D'Echon
/s/ Mark Siezckarek
Mr. Yves GUILLEMAIN D'ECHON
CONCEPTUS Inc.
By: Mr. Mark SIEZCKAREK
Pursuant to Article 1415 of the French Civil Code, the undersigned Mrs Catherine
Guillemain d'Echo hereby expressly accepts all the undertakings made by Mr. Yves
Guillemain d'Echon pursuant to this Agreement.
Title: President and Chief Executive Officer
/s/ Yves Guillemain D'Echon
Mrs Catherine GUILLEMAIN D'ECHON
/s/ Yves Guillemain D'Echon
/s/ Yves Guillemain D'Echon
Mr. Jean-Christophe BODIN
CONCEPTUS SAS
By: Mr. Yves GUILLEMAIN D'ECHON
Title: President
/s/ Yves Guillemain D'Echon
/s/ Yves Guillemain D'Echon
Mrs Catherine GUILLEMAIN D'ECHON
Mr. Florent GUILLEMAIN D'ECHON
/s/ Yves Guillemain D'Echon
/s/ Yves Guillemain D'Echon
Mr. Alban GUILLEMAIN D'ECHON
Mr. Tristan GUILLEMAIN D'ECHON
/s/ Yves Guillemain D'Echon
/s/ Yves Guillemain D'Echon
Mr. Jean GUILLEMAIN D'ECHON
Mrs. Katia BODIN
/s/ Yves Guillemain D'Echon
/s/ Yves Guillemain D'Echon
Miss. Fabienne GAIRIN
Miss Isabelle VIROULET
/s/ Yves Guillemain D'Echon
/s/ Yves Guillemain D'Echon
Miss Aurélie Blanchard
Mr. Didier PINGET
/s/ Yves Guillemain D'Echon
/s/ Yves Guillemain D'Echon
Mr. Eric TOURRAUD
Mr. Philippe MARECHAL
4
Schedule A
List of prohibited actions
(I)
DECREASE OR REDEMPTION OF THE SHARE CAPITAL OF