Document:

Amendment No. 2 to Senior Subordinated Discount Note

 Exhibit 10.29 
 AMENDMENT NUMBER 2 TO SENIOR SUBORDINATED DISCOUNT NOTE 
 This Amendment Number 2 to Senior
Subordinated Discount Note (this “Amendment Number 2”) dated as of March 28, 2007, is made and entered into by and between Verticalnet, Inc., a Pennsylvania corporation (the “Company”), and Radcliffe SPC, Ltd. for
and on behalf of the Class A Convertible Crossover Segregated Portfolio (the “Holder”). Capitalized terms used but not defined herein shall have the meanings ascribed to such terms in the Senior Subordinated Discount Note dated
May 16, 2006 issued by the Company in favor of the Holder (the “Original Note”). 
 WHEREAS, the Original Note was in
the aggregate principal amount of $5,300,000 and had a maturity date of the earlier of (i) November 18, 2007, (ii) the date on which any Fundamental Transaction is consummated or (iii) such earlier time as provided in the
Original Note; 
 WHEREAS, on December 20, 2006, the Company and the Holder executed a Amendment Number 1 to Senior Subordinated
Discount Note (the “Amendment Number 1”), whereby, among other things, the Original Note was amended to increase the aggregate principal amount of the Original Note from $5,300,000 to $5,500,000 and simultaneously extend the
maturity date of the Original Note to the earlier of (i) April 1, 2008, (ii) the date on which any Fundamental Transaction is consummated or (iii) such earlier time as provided in the Original Note (the Original Note as amended
pursuant to the Amendment Number 1 is hereinafter referred to as the “Amended Note”); 
 WHEREAS, the Company and the Holder
desire to (i) amend the Amended Note to (a) provide Verticalnet with the unilateral option to further extend the maturity date of the Amended Note to September 30, 2008, such option exercisable by Verticalnet no later than
December 31, 2007; (b) provide that upon the exercise of such option, the then outstanding principal amount of the Amended Note will increase by $575,000.00; and (c) provide that if the Company completes an equity financing
transaction which would not otherwise be deemed to constitute a Fundamental Transaction while the Amended Note is outstanding, then 25% of the gross proceeds of such equity financing transaction shall be used to repay the then outstanding principal
amount of the Amended Note, and (ii) set forth the Company’s agreement to pay the Holder the amount set forth herein in consideration of the Holder granting the option referenced above. 
 NOW, THEREFORE, in consideration of the foregoing recitals and the mutual promises and covenants hereinafter set forth and for other good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto, intending to be legally bound hereby, agree as follows: 
 1.
Maturity. The second sentence of Section (1) (MATURITY) of the Amended Note is hereby amended and restated in its entirety to read as follows: 
 “The “Maturity Date” shall be the earlier of (i) (a) if the Company has not exercised the Maturity Date Extension Option, April 1, 2008, or (b) if the Company has exercised
the Maturity Date Extension Option, September 30, 2008, (ii) the date on which any Fundamental Transaction is consummated or (iii) such earlier time as provided herein.” 

 2. Maturity Date Extension Option. Section (5) of the Amended Note is hereby amended and restated in its
entirety to read as follows: 
 “The Company shall have the option (the “Maturity Date Extension Option”), which shall
be exercisable by it in its sole discretion at any time on or prior to December 31, 2007 by providing written notice to the Holder in accordance with Section 8(f) of the Note Purchase Agreement that it is exercising the Maturity Date
Extension Option and therefore the Maturity Date under the Note will then mean the earlier of (i) September 30, 2008, (ii) the date on which any Fundamental Transaction is consummated or (iii) such earlier time as provided
herein. If the Company exercises the Maturity Date Extension Option, then the Principal then outstanding shall be increased by $575,000.00 from and after the date the Company exercises the Maturity Date Extension Option.” 
 3. Covenants. Section (14) (COVENANTS) of the Amended Note is hereby amended to add a new subsection (h), which shall read as follows: 
 “(h) So long as this Note is outstanding, in the event the Company completes a financing transaction pursuant to which the Company sells Common Stock
or securities convertible into or exercisable or exchangeable for Common Stock, and provided that such financing transaction would not otherwise be deemed to constitute a Fundamental Transaction (in which event the Note would be immediately due and
payable, in full, in accordance with Section 1 hereof), then, provided that the Senior Indebtedness has been paid in full, the Company shall pay to the Holder an amount equal to 25% of the gross proceeds received by the Company upon completion
of such financing transaction, which shall by applied to and reduce the then outstanding Principal. Notwithstanding the foregoing, this Section 14(h) shall not apply to (i) shares of Common Stock, options or other equity securities or
rights issued to consultants, employees, officers or directors of the Company pursuant to any stock plan, option plan or equity compensation plan duly adopted by the Company or to the issuance of Common Stock upon exercise or conversion of such
securities or rights, (ii) any equity securities issued pursuant to any equipment leasing arrangement or debt financing from a bank or similar financial institution whose primary business is lending money and not investing in securities,
(iii) any equity securities issued in connection with strategic transactions involving the Company and other entities, the primary purpose of which is not to raise capital, including (A) joint ventures, manufacturing, marketing or
distribution arrangements or (B) technology transfer or development arrangements, (iv) any securities issued for consideration other than cash pursuant to a merger, 

 
consolidation, acquisition or similar business combination, (v) any securities issued in connection with the settlement of pending or threatened
litigation or similar proceeding, (vi) shares of Common Stock issued in conjunction with any stock split, stock dividend or recapitalization of the Company, (vii) any securities issuable upon the exercise or conversion of, or pursuant to
the anti-dilution provisions contained within, any agreement, option, restricted stock awards, preferred stock, promissory note, convertible promissory note or warrants outstanding on the date hereof, (viii) any shares of Common Stock issuable
pursuant to the Senior Indebtedness and (ix) shares of Common Stock issued to vendors in exchange for services rendered to the Company.” 
 4.
Restatement of Amended Note. Except as amended hereby or agreed to herein, all of the provisions of the Amended Note shall remain in full force and effect. This Amendment Number 2 does not constitute a novation. 
 5. Commitment Fee. In consideration of the grant of the Maturity Date Extension Option to the Company by the Holder, on the date that is the earlier of
(i) the date that the Senior Indebtedness has been paid in full or (ii) the Maturity Date, the Company shall pay to the Holder a fee of $58,8501 (the “Commitment Fee”). Such fee shall be deemed fully earned and
non-refundable when due. 
 6. Governing Law. This Amendment Number 2 shall be construed and enforced in accordance with, and all questions concerning
the construction, validity, interpretation and performance of this Amendment Number 2 shall be governed by, the internal laws of the Commonwealth of Pennsylvania, without giving effect to any choice of law or conflict of law provision or rule
(whether of the Commonwealth of Pennsylvania or any other jurisdictions) that would cause the application of the laws of any jurisdictions other than the Commonwealth of Pennsylvania. 
 7. Counterparts. This Amendment Number 2 may be executed in any number of counterparts (delivery of which may occur via facsimile or e-mail in pdf format), each of which when so executed and delivered shall be
an original hereof, and it shall not be necessary in making proof of this Amendment Number 2 to produce or account for more than one counterpart hereof. 
 8. Severability. The provisions of this Amendment Number 2 and other agreements and documents referred to herein are to be deemed severable, and the invalidity or unenforceability of any provision shall not affect or impair the
remaining provisions which shall continue in full force and effect. 
 [Signature page follows] 
  

	 1
	 Should equal 1.07% to compensate Radcliffe for time value. 

 IN WITNESS WHEREOF, the parties have caused this Amendment Number 2 to Senior Subordinated Discount Note
to be executed effective as of the date first written above. 
  

			
	VERTICALNET, INC.
		
	By:	 	 /s/ Nathanael Lentz

	Name:	 	Nathanael Lentz
	Title:	 	President and CEO

  

							
	 RADCLIFFE SPC, LTD.
 for and on behalf of the Class A Convertible Crossover
Segregated Portfolio

		
	By:	 	RG Capital Management, L.P.
			
		 	By:	 	RGC Management Company, LLC
			
		 	By:	 	 /s/ Gerald Stahlecker

		 	Name:	 	Gerald Stahlecker
		 	Title:	 	Managing DirectorForm of Consent, Waiver and Amendment No. 1 to Warrant

 Exhibit 10.30 
 CONSENT, WAIVER AND AMENDMENT NO. 1 TO WARRANT 
 This CONSENT, WAIVER AND AMENDMENT NO. 1 TO WARRANT
dated as of December 19, 2006 (this “Agreement”) is made and entered into by and between Verticalnet, Inc., a Pennsylvania corporation (the “Company”), and
                     (the “Noteholder”). 
 BACKGROUND 
 WHEREAS, the Company and the Noteholder are parties to that certain Note and Warrant
Purchase Agreement, dated as of August 16, 2005, as amended (the “August Agreement”), by and among the Company and the Purchasers set forth on Exhibit A thereto (the “Purchasers”), pursuant to which:
(i) the Company issued and sold to the Purchasers, and the Purchasers purchased from the Company, Senior Secured Convertible Promissory Notes due July 2, 2007, as amended (the “August Notes”), in the aggregate principal
amount of Six Million Six Hundred Thousand Dollars ($6,600,000); (ii) the Company issued to the Noteholder that certain Warrant, dated as of August 16, 2005 (the “Warrant”), to purchase
         shares of the Company’s common stock at an exercise price of $5.39 per share, each as adjusted for the Company’s June 12, 2006 one-for-seven reverse split; and (iii) the
Company and the Noteholder entered into that certain Security Agreement, dated as of August 16, 2005, by and among the Company and the Purchasers (the “Security Agreement” and together with the August Agreement, the August
Notes and the Warrant, the “Transaction Documents”), pursuant to which the Company granted to the Noteholder a security interest with respect to the Collateral (as defined in the Security Agreement); 
 WHEREAS, pursuant to Section 4.7 of the Security Agreement, the Company must obtain the Noteholder’s written consent to grant any Lien (as
defined in the Security Agreement) with respect to the Collateral; 
 WHEREAS, pursuant to that certain Note Purchase Agreement, dated as of
May 15, 2006 (the “May Agreement”), by and between the Company and RADCLIFFE SPC, LTD. for and on behalf of the Class A Convertible Crossover Segregated Portfolio (the “Buyer”): (i) in consideration
for the Buyer loaning the Company Four Million Dollars ($4,000,000), the Company issued the Buyer that certain Senior Subordinated Discount Note in the principal amount of Five Million Three Hundred Thousand Dollars ($5,300,000) (the “May
Note”); and (ii) the Company agreed to seek the Purchasers’ consent to permit the Company and its subsidiaries to grant the Buyer a lien and security interest in all of the Company’s and its subsidiaries’ assets,
including the Collateral, to secure the Company’s obligations under the May Note (the “Radcliffe Lien”); and 
 WHEREAS, in consideration for the Company reducing the exercise price of the Warrant from $5.39 per share to $0.88 per share and the Company and the Buyer entering into the Subordination and Intercreditor Agreement in substantially the form
attached hereto as Exhibit A by and among the Buyer, the Company, the Noteholder and the other signatories thereto (the “Subordination and Intercreditor Agreement”), the Noteholder desires to grant its consent to permit the
Company and its domestic subsidiaries to grant the Buyer the Radcliffe Lien and to enter into, and otherwise approve the terms and conditions of, (i) the Security Agreement in 

 
substantially the form attached hereto as Exhibit B by the Company and each domestic subsidiary of the Company in favor of the Buyer (the
“Radcliffe Security Agreement”) and (ii) the Guaranty and Suretyship Agreement in substantially the form attached hereto as Exhibit C by and among the Company and each of its domestic subsidiaries (the “Guaranty
and Suretyship Agreement”). 
 NOW, THEREFORE, the parties hereto, intending to be legally bound, for good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged, and in consideration of the mutual representations, warranties, agreements and covenants contained herein, hereby agree as follows: 
 1. Consent and Waiver to Security Interest. Pursuant to Section 7.7(b) of the Security Agreement, the Noteholder hereby: 
 a. consents to the Company and its domestic subsidiaries granting the Radcliffe Lien to the Buyer pursuant to the terms and conditions of the Radcliffe
Security Agreement; 
 b. consents to the Company and its domestic subsidiaries entering into, and otherwise approves the terms and
conditions of, the Radcliffe Security Agreement, the Guaranty and Suretyship Agreement and the Subordination and Intercreditor Agreement (collectively, the “New Security Agreements”); and 
 c. waives any and all objections, rights or claims arising from the Transaction Documents or otherwise with respect to the Company and its domestic
subsidiaries (i) granting the Radcliffe Lien pursuant to the Radcliffe Security Agreement, (ii) entering into each of the New Security Agreements and (iii) filing any and all Uniform Commercial Code financing statements, certificate
of title documentation and other documentation evidencing the Radcliffe Lien. 
 2. Amendment to the Warrant. The defined term
“Warrant Price” set forth in Section 9 of the Warrant is hereby amended and restated in its entirety as follows: 
 ““Warrant Price” means $0.88, as such price may be adjusted from time to time as shall result from the adjustments specified in this Warrant, including Section 4 hereto.” 
 3. Miscellaneous. 
 a. Except as
amended hereby, the Transaction Documents shall remain in full force and effect. 
 b. This Agreement may be executed in any number of
counterparts, all of which taken together shall constitute one and the same instrument and shall become effective when counterparts have been signed by each party and delivered to the other parties hereto, it being understood that all parties need
not sign the same counterpart. 
 c. This Agreement is executed voluntarily and without any duress or undue influence on the part or behalf
of any of the parties hereto. The parties hereto acknowledge that 

 
they have read this Agreement and the New Security Agreement in their entirety, that they have been provided with the opportunity to consult with their legal
counsel in connection with this Agreement and the New Security Agreements, that they understand the terms and consequences of this Agreement and the New Security Agreements, and that they are fully aware of the legal and binding effect of this
Agreement and the New Security Agreements. 
 d. This Agreement shall be governed by and construed in accordance with the internal laws of
the State of New York, without giving effect to any of the conflicts of law principles which would result in the application of the substantive law of another jurisdiction. This Agreement shall not be interpreted or construed with any presumption
against the party causing this Agreement to be drafted. 
 e. The Company shall not provide any other Purchaser with additional consideration
beyond the consideration set forth herein, to obtain the consent and agreement of such other Purchaser to the terms and conditions set forth in this Agreement, unless the Company offers the same additional consideration to the Noteholder.

 IN WITNESS WHEREOF, the parties hereto have caused this Consent, Waiver and Amendment No. 1 to Warrant to be duly executed as of the
date first above written. 
  

			
	VERTICALNET, INC.
		
	By:	 	 /s/ Nathanael V. Lentz

	Name:	 	Nathanael V. Lentz
	Title:	 	President and CEO
	
	NOTEHOLDER: Entity Name
		
	By:	 	  

	Name:	 	  

	Title:	 	  

 EXHIBIT A 
 Subordination and Intercreditor Agreement 

 EXHIBIT B 
 Radcliffe Security Agreement 

 EXHIBIT C 
 Guaranty and Suretyship Agreement 

 Noteholders 
  

			
	 Noteholder
	  	Warrant
Shares
	 Alpha Capital AG
	  	51,072
	 Bristol Investment Fund, Ltd.
	  	51,072
	 CAMOFI Master LDC
	  	51,072
	 Castle Creek Technology Partners LLC
	  	102,143
	 DKR Soundshore Oasis Holding Fund Ltd.
	  	51,072
	 Harborview Master Fund LP
	  	40,858
	 Iroquois Master Fund, Ltd.
	  	117,465
	 JGB Capital L.P.
	  	30,643
	 Nite Capital LP
	  	25,536
	 Platinum Long term Growth I, LLC
	  	25,536
	 Portside Growth and Opportunity Fund
	  	25,536
	 Smithfield Fiduciary LLC
	  	51,072
	 Whalehaven Capital Fund Limited
	  	51,072

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