Document:

exv10w06

 

Exhibit 10.06

NSI SOFTWARE, INC.

Stock Option Certificate

And Agreement

	 	 	 	 	 
	Date of Grant:

	 	Option No.
	 	 
	Name of Optionee:
	 	 	 	 
	Number of Shares:
	 	 	 	 
	Price Per Share:
	 	 	 	 
	Expiration Date:
	 	 	 	 

     Effective on the date of grant specified above (the “Date of Grant”), the Board of Directors
(“Board”), or the Stock Option Committee (“Committee”) designated by the Board, of NSI Software,
Inc. (the “Company”) has granted to the above-named optionee (the “Optionee”) an option (the
“Option”) to purchase from the Company, for the price per share set forth above, the number of
shares (the “Shares”) of Common Stock, $.001 par value per share (the “Stock”) of the Company set
forth above pursuant to the terms and conditions of the 2003 Employee Stock Option Plan (“Plan”)
which is incorporated in this Option as though set forth in full. This Option is intended to be
treated as an “incentive stock option” within the meaning of Section 422A of the Internal Revenue
Code of 1954, as amended (the “Code”).

     The terms and conditions of the Option granted hereby, are as follows:

     1. The number and price of the Shares subject to this Option shall be the number and price set
forth above, subject to any adjustments which may be made pursuant to Section 9 below.

     2. Subject to the terms and conditions set forth in this Option, this Option may be exercised
to purchase the Shares covered by this Option as follows: commencing on the Date of Grant, all
options granted hereunder shall vest in equal amounts on a quarterly basis for a period of four
years. This Option shall terminate and no Shares may be purchased after 5:00 p.m. (New York time)
on the Expiration Date.

     3. Except as provided in Section 7 of this Option, this Option may not be exercised unless the
Optionee is in the employ of the Company or one of its parent or subsidiary corporations (as within
the meaning of Section 425(e) and (f) of the Code respectively) on the date of such exercise and
shall have been such employee continuously since the Date of Grant of this Option.

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     4. Subject to the terms and conditions set forth in this Option, this Option is exercisable by
a written notice signed by you and delivered to the Company at its executive offices, signifying
your election to exercise this Option. The notice must state the number of Shares as to which your
Option is being exercised, must contain a statement by you (in a form acceptable to the Company)
that such Shares are being acquired by you for investment and not with a view to their distribution
or resale (unless a Registration Statement covering the Shares has been declared effective by the
Securities and Exchange Commission) and must be accompanied by the full purchase price of the
Shares being purchased. Payment shall be in cash, or by certified or bank cashier’s check payable
to the order of the Company, free from all collection charges; provided, however, that payment may
be made in shares of Mature Stock owned by the Optionee having a market value on the date of
exercise equal to the aggregate purchase price, or in a combination of cash and Mature Stock. For
the purposes of this provision, Mature Stock shall mean shares of the Company’s Common Stock that
are owned by the Optionee for a minimum of six months prior to the date the Optionee exercises this
Option. For these purposes, the market value per share of Stock shall be: (i) if the Stock is
traded on a national securities exchange or on the Nasdaq National Market System (“NMS”), the per
share closing price of the Stock on the principal securities exchange on which they are listed or
on NMS, as the case may be, on the date of exercise (or if there is no closing price for such date
of exercise, then the last preceding business day on which there was a closing price); or (ii) if
the Stock is traded in the over-the-counter market and quotations are published on the Nasdaq
quotation system (but not on NMS), the closing bid price of the Stock on the date of exercise as
reported by Nasdaq (or if there are no closing bid prices for such date of exercise, then the last
preceding business day on which there was a closing bid price); or (iii) if the Stock is traded in
the over-the-counter market but bid quotations are not published on Nasdaq, the closing bid price
per share for the Stock as furnished by a broker-dealer which regularly furnishes price quotations
for the Stock.

          If notice of the exercise of this Option is given by the person or persons other than you, the
Company may require, as a condition to the exercise of this Option, the submission to the Company
of appropriate proof of the right of such person or person to exercise this Option.

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Certificate for Shares so purchased will be issued as soon as practicable. The Company, however,
shall not be required to issue or deliver a certificate for any Shares until it has complied with
all requirements of the Securities Act of 1933, as amended, the Securities Exchange Act of 1934, as
amended, any stock exchange on which the Company’s Stock may then be listed and all applicable
state laws in connection with the issuance or sale of such Shares or the listing of such Shares on
such exchange. Until the issuance of the certificate for such Shares, you or such other person as
may be entitled to exercise this Option, shall have none of the rights of a stockholder with
respect to Shares subject to this Option.

     5. As soon as practicable after the Company receives payment for the Shares, it shall deliver
a certificate or certificates representing the Shares so purchased to the Optionee.

     6. This Option is personal to the Optionee and during the Optionee’s lifetime may be exercised
only by the Optionee. This Option shall not be transferable other than by will or the laws of
descent and distribution.

     7. In the event that an option holder ceases to be an employee of the Company or of any
subsidiary for any reason other than permanent disability (as determined by the Board of Directors)
or death, this Option, including any unexercised portion thereof, which was otherwise exercisable
on the date of termination, shall expire unless exercised within a period of three months from the
date on which the Optionee ceased to be so employed, but in no event after the Expiration Date. In
the event of the death of Optionee during this three month period, this Option shall be exercisable
by his or her personal representatives, heirs or legatees to the same extent that the Optionee
could have exercised this Option if he or she had not died, for the three months from the date of
death, but in no event after the Expiration Date. In the event of the permanent disability of
Optionee while an employee of the Company or of any subsidiary, this Option shall be exercisable
for twelve (12) months after the date of permanent disability, but in no event after the Expiration
Date. In the event of the death of the Optionee while an employee of the Company or any
Subsidiary, or during the twelve (12) month period after the date of permanent disability of the
Optionee, that portion of the Option which had become exercisable on the date of death shall be
exercisable by his or her personal representatives, heir or legatees at any time prior to the

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expiration of twelve (12) months from the date of the death of Optionee, but in no event after the
Expiration Date.

     8. This Option does not confer on the Optionee any right to continue in the employ of the
Company or interfere in any way with the right of the Company to determine the terms of the
Optionee’s employment.

     9. In the event of a reorganization, recapitalization, stock split, stock dividend,
combination of shares, merger, consol-idation, rights offering, or any other change in the
corporate structure or Stock of the Company after January 18, 1996, the Board shall make such
adjustments, if any, as it deems appropriate in the number and kind of shares covered by this
Option, or in the Option price, or both. Notwithstanding any provision to the contrary, the
Committee or the Board may cancel, amend, alter or supplement any term or provision of this Option
to avoid the penalty provisions of Section 4999 of the Code.

     10. This Option shall be subject to the requirement that if at any time the Board shall
determine that the registration, listing or qualification of the Shares covered hereby upon any
securities exchange or under any federal or state law, or the consent or approval of any
governmental regulatory body is necessary or desirable as a condition of, or in connection with,
the granting of this Option or the purchase of the Shares, this Option may not be exercised unless
and until such registration, listing, qualification, consent or approval shall have been effected
or obtained free of any conditions not acceptable to the Board. The Board may require that the
person exercising this Option shall make such representations and agreements and furnish such
information as it deems appropriate to assure compliance with the foregoing or any other applicable
legal requirements.

     11. This Option is intended to qualify for “incentive stock option” treatment under the
provisions of Section 422A of the Internal Revenue Code of 1954, as amended. However, you are
urged to consult with your individual tax advisor prior to exercising this Option since the
exercise of this Option may result in adverse tax consequences including the payment of additional
federal and/or state income taxes.

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     12. All notices hereunder to the Company shall be delivered or mailed to the following
address:

NSI Software, Inc.

Two Hudson Place, Suite 700

Hoboken, NJ 07030

Attention: Chief Financial Officer

     Such address for the service of notices may be changed at any time provided notice of such
change is furnished in advance to the Optionee.

	 	 	 	 	 	 	 
	 	 	NSI SOFTWARE, INC.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 	 	 
	 
	 	 	 	 	 	 

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OPTION EXERCISE FORM

	 	 	 	 	 	 	 
	 

	    TO:	 	 	NSI Software, Inc.
	 	 
	 

	 	 	 	Two Hudson Place, Suite 700	 	 
	 
	 

	 	 	 	Hoboken, NJ 07030	 	 

     The undersigned holder hereby irrevocably elects to exercise the right to purchase                     
shares of Common Stock covered by this Option Agreement according to the conditions hereof and
herewith makes full payment of the Exercise Price of such shares.

     Kindly deliver to the undersigned a certificate representing the Shares.

          INSTRUCTIONS FOR DELIVERY

	 	 	 	 	 
	Name:

	 	 	 	 
	 

	 	 	 	 
	 

	 	(please typewrite or print in block letters)	 	 

	 	 	 	 	 
	Address:

	 	 	 	 
	 

	 	 	 	 

	 	 	 	 	 
	Dated:

	 	 	 	 
	 

	 	 	 	 

	 	 	 	 	 
	Signature

	 	 	 	 
	 

	 	 	 	 

6exv10w11

 

Exhibit 10.11

AMENDED AND RESTATED

REGISTRATION RIGHTS AGREEMENT

AMONG

NSI SOFTWARE, INC.

AND

THE HOLDERS NAMED HEREIN

OCTOBER 6, 2004

 

 

AMENDED AND RESTATED

REGISTRATION RIGHTS AGREEMENT

          THIS AMENDED AND RESTATED REGISTRATION RIGHTS AGREEMENT (this “Agreement”) is entered into as
of October 6, 2004 by and among (i) NSI Software, Inc., a Delaware corporation (the “Company”),
(ii) the Series B Investors listed on Exhibit A hereto (each individually a “Series B
Investor” and collectively, the “Series B Investors”) and (iii) the Series C Investors listed on
Exhibit B hereto (each individually a “Series C Investor” and collectively, the “Series C
Investors”). The Series B Investors and the Series C Investors, together with any other persons
who shall hereafter acquire Registrable Securities (as hereinafter defined) and execute a
counterpart hereto pursuant to the provisions of, and subject to the restrictions and rights set
forth in, this Agreement, are referred to herein collectively as the “Holders” and individually as
a “Holder.”

     WHEREAS, the Company’s predecessor, Network Specialists, Incorporated, and the
Series B Investors are parties to a Registration Rights Agreement dated as of November 13, 2002, as
amended on September 26, 2003 (the “Prior Agreement”); and

          WHEREAS, pursuant to a Series C Preferred Stock Purchase Agreement of even date
herewith (the “Purchase Agreement”), the Company proposes to issue up to 7,717,398 shares of its
Series C Stock to the Series C Investors; and

          WHEREAS, as a condition to entering into the Purchase Agreement, the Series C Investors have
requested that the Company grant to them registration rights and certain other rights and covenants
as set forth herein; and

          WHEREAS, the parties to the Prior Agreement wish to amend and restate the Prior Agreement to
reflect the issuance of Series C Stock and to make certain other changes to the Prior Agreement
pursuant to Section 3.1 thereof;

          WHEREAS, the Series B Investors who are parties to this Agreement are the holders of at least
a majority of the outstanding Registrable Securities (as that term is defined in the Prior
Agreement), as required for amendment of the Prior Agreement pursuant to Section 3.1 thereof; and

          WHEREAS, capitalized terms used in this Agreement shall have the meanings ascribed to them in
Article 2 hereof.

          NOW, THEREFORE, in consideration of the mutual promises, representations, warranties,
covenants and conditions set forth in this Agreement and in the Purchase Agreement and for other
good and valuable consideration, the

 

 

receipt and sufficiency of which are hereby acknowledged, the parties hereto agree that, by the
execution and delivery of this Agreement, the Prior Agreement be hereby amended and restated in its
entirety as follows:

1. REGISTRATION RIGHTS

          1.1.1 Demand Registration Rights

          At any time after six (6) months following an IPO, one or more Series B Investors or Series C
Investors holding, in the aggregate, at least twenty percent (20%) of the Registrable Securities
then held by all Series B Investors and Series C Investors, may request registration for sale under
the Act of all or part of the Registrable Securities then held by them, and upon such request the
Company will promptly take the actions specified in Section 1.1.2.

          1.1.2. Demand Procedures

          Within ten (10) Business Days after receipt by the Company of a written registration request
under Section 1.1.1 (which request shall specify the number of shares proposed to be registered and
sold and the manner in which such sale is proposed to be effected), the Company shall promptly give
written notice to all other Holders of the proposed demand registration, and such other Holders
shall have the right to join in the proposed registration and sale, upon written request to the
Company (which request shall specify the number of shares proposed to be registered and sold)
within ten (10) Business Days after receipt of such notice from the Company. The Company shall
thereafter, as expeditiously as practicable, use commercially reasonable efforts to (i) file with
the SEC under the Act a registration statement on the appropriate form concerning all Registrable
Securities specified in the demand request and all Registrable Securities with respect to which the
Company has received the written request from the other Holders and (ii) cause the registration
statement to be declared effective. At the request of the Holders requesting registration, the
Company shall cause each offering pursuant to Section 1.1.1 to be managed, on a firm commitment
basis, by a recognized regional or national underwriter selected by the participating Holders and
approved by the Company, such approval not to be unreasonably withheld. All Holders proposing to
distribute their securities through such underwriting shall enter into an underwriting agreement in
customary form. The Company shall not be obligated to effect more than three (3) registrations
requested by the Holders under Section 1.1.1, provided, however, that any such request shall be
deemed satisfied only when a registration statement covering all of the Registrable Securities
specified in notices received as aforesaid, for sale in accordance with the method of disposition
specified by the Holders, has become effective.

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          1.1.3. Delay by Company

          The Company shall not be required to effect a demand registration under the Act pursuant to
Section 1.1.1 above if (i) the Company receives a request for registration under Section 1.1.1 less
than 90 days preceding the anticipated effective date of a proposed underwritten public offering of
securities of the Company approved by the Company’s Board of Directors prior to the Company’s
receipt of the request and in such event the Company shall not be required to effect any such
requested registration until 120 days after the effective date of such proposed underwritten public
offering; (ii) within 120 days prior to any such request for registration, a registration of
securities of the Company has been effected in which the Holders had the right to participate
pursuant to this Section 1.1 or Section 1.3 hereof; or (iii) the Board of Directors of the Company
reasonably determines in good faith that effecting such a demand registration at such time would
have a material adverse effect upon a proposed sale of all (or substantially all) of the assets of
the Company, or a merger, reorganization, recapitalization, or business combination materially
affecting the capital structure or equity ownership of the Company, or would otherwise be seriously
detrimental to the Company because the Company was then in the process of raising capital in the
public or private markets; provided, however, that the Company may only delay a demand registration
pursuant to this Section 1.1.3 for a period not exceeding 120 days (or until such earlier time as
such transaction is consummated or no longer proposed) and may only defer any such filing pursuant
to this Section 1.1.3 once per calendar year. The Company shall promptly notify in writing the
Holders requesting registration of any decision not to effect any such request for registration
pursuant to this Section 1.1.3, which notice shall set forth in reasonable detail the reason for
such decision and shall include an undertaking by the Company promptly to notify such Holders as
soon as a demand registration may be effected, and such Holders will hold the information in
confidence.

          1.1.4. Reduction

          If a demand registration initiated by any Series B Investor or Series C Investors pursuant to
Section 1.1.1 is an underwritten registration and the managing underwriters advise the Company and
the Holders participating in the demand registration in writing that in their opinion the number of
shares of Common Stock requested to be included in such registration exceeds the number which can
be sold in such offering, then the amount of such shares that may be included in such registration
shall be allocated pro rata among the Holders participating in the demand registration based on the
number of shares of Registrable Securities held on a fully diluted basis with all other Holders of
Registrable Securities.

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          1.1.5. Withdrawal

          Holders participating in any demand registration pursuant to this Section 1.1 may withdraw at
any time before a registration statement is declared effective, and the Company may withdraw such
registration statement if no Registrable Securities are then proposed to be included (and if
withdrawn by the Company the Holders shall not be deemed to have requested a demand registration
for purposes of Section 1.1.1 hereof). If the Company withdraws a registration statement under
this Section 1.1.5 in respect of a registration for which the Company would otherwise be required
to pay expenses under Section 1.6.2 hereof, the Holders that shall have withdrawn shall reimburse
the Company for all expenses of such registration in proportion to the number of shares each such
withdrawing Holder shall have requested to be registered.

     1.2. Piggyback Registration Rights

          1.2.1. Request

          If at any time or times after the date of this Agreement the Company proposes to file a
registration statement covering any of its securities under the Act (whether to be sold by it or by
one or more selling stockholders), other than an offering pursuant to a demand registration under
Section 1.1.1 or Section 1.3 hereof or an offering registered on Form S-8 or Form S-4, or successor
forms relating to employee stock plans and business combinations, the Company shall, not less than
20 days prior to the proposed filing date of the registration form, give written notice of the
proposed registration to all Holders specifying in reasonable detail the proposed transaction to be
covered by the registration statement, and at the written request of any Holder delivered to the
Company within 20 days after giving such notice, shall include in such registration and offering,
and in any underwriting of such offering, all Registrable Securities as may have been designated in
the Holder’s request. The Company shall have no obligation to include shares of Common Stock owned
by any Holder in a registration statement pursuant to this Section 1.2, unless and until such
Holder (a) in connection with any underwritten offering, agrees to enter into an underwriting
agreement, a custody agreement and power of attorney and any other customary documents required in
an underwritten offering all in customary form and containing customary provisions and (b) shall
have furnished the Company with all information and statements about or pertaining to such Holder
in such reasonable detail and on such timely basis as is reasonably deemed by the Company to be
legally required with respect to the preparation of the registration statement.

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          1.2.2. Reduction

          If a registration in which any Holder has the right or is otherwise permitted to participate
pursuant to this Section 1.2 is (i) the IPO, the Company may limit, to the extent so advised in
writing by the underwriters, the amount of securities (including Registrable Securities) to be
included in the registration by the Company’s stockholders (including the Holders), or may exclude,
to the extent so advised in writing by the underwriters, such securities (including Registrable
Securities) entirely from the IPO, or (ii) an underwritten registration subsequent to the IPO and
the managing underwriters advise the Company in writing that in their opinion the number of
securities requested to be included in such registration exceeds the number which can be sold in
such offering, the Company shall include in such registration (i) first, the shares proposed to be
sold by Holders exercising rights under Section 1.2.1, allocated pro rata among such Holders in
proportion to the number of Registrable Securities owned by them, (ii) second, by any other
stockholders proposing to sell shares of Common Stock pursuant to such registration; and (iii)
third, the shares proposed to be sold by the Company.

     1.3. Registration on Form S-3

          Subject to the limitations set forth in Section 1.1.3, if at any time the Company is eligible
to use Form S-3 (or any successor form) for secondary sales any Series B Investor or Series C
Investor may request (by written notice to the Company stating the number of Registrable Securities
proposed to be sold and the intended method of disposition) that the Company file a registration
statement on Form S-3 (or any successor form) for a public sale of all or any portion of the
Registrable Securities beneficially owned by it, provided that the reasonably anticipated aggregate
price to the public of such Registrable Securities shall be at least $1,000,000. At the written
request of the Holder requesting such registration, such registration shall be for a delayed or
continuous offering under Rule 415 under the Act. Upon receiving such request, the Company shall
use commercially reasonable efforts to promptly file a registration statement on Form S-3 (or any
successor form) to register under the Act for public sale in accordance with the method of
disposition specified in such request, the number of shares of Registrable Securities specified in
such request and shall otherwise carry out the actions specified in Section 1.1.2 and 1.4. There
shall be no limitation on the number of registrations on Form S-3 which may be requested and
obtained under this Section 1.3.

     1.4. Registration Procedures

          Whenever any Holder has requested that any shares of Common Stock be registered pursuant to
Sections 1.1, 1.2 or 1.3 hereof, the Company shall, as expeditiously as reasonably possible:

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          (1) prepare and file with the SEC a registration statement with respect to such shares and use
commercially reasonable efforts to cause such registration statement to become effective as soon as
reasonably practicable thereafter (provided that before filing a registration statement or
prospectus or any amendments or supplements thereto, the Company shall furnish counsel for such
Holder with copies of all such documents proposed to be filed);

          (2) prepare and file with the SEC such amendments and supplements to such registration
statement and prospectus used in connection therewith as may be necessary to keep such registration
statement effective for a period of not less than 90 days (two (2) years in the case of a
registration pursuant to Section 1.3 hereof), or until such earlier time as Holder has completed
the distribution described in such registration statement, whichever occurs first;

          (3) furnish to such Holder such number of copies of such registration statement, each
amendment and supplement thereto, the prospectus included in such registration statement (including
each preliminary prospectus), and such other documents as such Holder may reasonably request;

          (4) use commercially reasonable efforts to register or qualify such shares under such other
securities or blue sky laws of such jurisdictions as such Holder requests (and to maintain such
registrations and qualifications effective for the applicable period of time set forth in Section
1.4(2) hereof), and to do any and all other acts and things which may be necessary or advisable to
enable such Holder to consummate the disposition in such jurisdictions of such shares (provided
that the Company will not be required to (i) qualify generally to do business in any jurisdiction
where it would not be required but for this subsection (4), (ii) subject itself to taxation in any
such jurisdiction, or (iii) file any general consent to service of process in any such
jurisdiction); provided that, notwithstanding anything to the contrary in this Agreement with
respect to the bearing of expenses, if any such jurisdiction shall require that expenses incurred
in connection with the qualification of such shares in that jurisdiction be borne in part or full
by such Holder, then such Holder shall pay such expenses to the extent required by such
jurisdiction;

          (5) notify such Holder, at any time when a prospectus relating thereto is required to be
delivered under the Act within the period that the Company is required to keep the registration
statement effective, of the happening of any event as a result of which the prospectus included in
any such registration statement contains an untrue statement of a material fact or omits any fact
necessary to make the statements therein not misleading, and promptly prepare, file and furnish to
the Holder a supplement or amendment to such prospectus so that, as thereafter delivered to the
purchasers of such shares, such prospectus will not contain an untrue statement of a material fact
or omit to state a material fact

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required to be stated therein or, in light of the circumstances then existing, necessary to make
the statements therein not misleading;

          (6) cause all such shares to be listed on securities exchanges, if any, on which similar
securities issued by the Company are then listed (or if not then listed, on such exchanges as are
requested by a majority of the participating Holders);

          (7) provide a transfer agent and registrar for all such shares not later than the effective
date of such registration statement;

          (8) enter into such customary agreements and take all such other customary actions as such
Holder reasonably requests (and subject to its reasonable approval) in order to expedite or
facilitate the disposition of such shares;

          (9) make available for inspection by such Holder, by any underwriter participating in any
distribution pursuant to such registration statement, and by any attorney, accountant or other
agent retained by such Holder or by any such underwriter, all financial and other records,
pertinent corporate documents, and properties (other than confidential intellectual property) of
the Company; and

          (10) in connection with an underwritten offering pursuant to a registration statement filed
pursuant to Section 1.1 hereof, enter into an underwriting agreement in customary form and
containing reasonable customary provisions, including provisions for indemnification of
underwriters and contribution, if so requested by any underwriter.

     1.5. Holdback Agreement

          (a) Notwithstanding anything in this Agreement to the contrary, if after any registration
statement to which the rights hereunder apply becomes effective (and prior to completion of any
sales thereunder), the Company’s Board of Directors determines in good faith that the failure of
the Company to (i) suspend sales of stock under the registration statement or (ii) amend or
supplement the registration statement, would have a material adverse effect on the Company, the
Company shall so notify each Holder participating in such registration and each Holder shall
suspend any further sales under such registration statement until the Company advises the Holder
that the registration statement has been amended or that conditions no longer exist which would
require such suspension, provided that the Company may impose any such suspension for no more than
60 days and no more than two (2) times during any twelve month period.

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          (b) If requested by the Company or its underwriters, none of the Holders will sell their
Registrable Securities for a specified period (not to exceed one hundred and eighty (180) days)
following the effective date of the IPO; provided that (i) all executive officers, directors,
holders of one percent (1%) or more of the Company’s outstanding Equity Securities, and all other
persons with registration rights enter into similar agreements and (ii) that in the event any
person subject to any lock-up agreement related to the offering (a “Released Person”) is released
from the restrictions therein (the “Lock-up Restrictions”), a percentage of shares of the Common
Stock held by each Holder equal to the amount of shares released in favor of such Released Person
divided by the total number of shares of Common Stock held by such person that is subject to the
Lock-up Restrictions shall be immediately and fully released from any remaining Lock-up
Restrictions. Furthermore, with respect to any shares of the Company offered or traded in the
public market (including pursuant to the IPO or any market that may develop pursuant to Rule 144A
promulgated under the Securities Act), investors shall be permitted to acquire or dispose of any
such shares without regard to such market standoff provision. The terms of the market standoff may
not be amended as to any investment company without the consent of such investment company.

     1.6. Registration Expenses

          1.6.1. Holder Expenses

          If, pursuant to Sections 1.1, 1.2 or 1.3 hereof, Registrable Securities are included in a
registration statement, then the Holder thereof shall pay all transfer taxes, if any, relating to
the sale of its shares, and any underwriting discounts or commissions or the equivalent thereof
applicable to the sale of its shares.

          1.6.2. Company Expenses

          Except for the fees and expenses specified in Section 1.6.1 hereof and except as provided
below in this Section 1.6.2, the Company shall pay all expenses incident to the registration of
shares by the Company and any Holders pursuant to Sections 1.1, 1.2 or 1.3 hereof, and to the
Company’s performance of or compliance with this Agreement, including, without limitation, all
registration and filing fees, fees and expenses of compliance with securities or blue sky laws,
underwriting discounts, fees and expenses (other than any Holder’s portion of any underwriting
discounts or commissions or the equivalent thereof), printing expenses, messenger and delivery
expenses, and reasonable fees and expenses of counsel for the Company and a single counsel for all
Holders selling shares and all independent certified public accountants and other persons retained
by the Company.

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          1.6.3. Indemnity and Contribution

          (a) In the event that any shares owned by a Holder are proposed to be offered by means of a
registration statement pursuant to Section 1.1, 1.2 or 1.3 hereof, to the extent permitted by law,
the Company agrees to indemnify and hold harmless such Holder, any underwriter participating in
such offering, each officer, partner, manager and director of such person, each person, if any, who
controls or may control such Holder or underwriter within the meaning of the Act and each
representative of any Holder serving on the Board of Directors of the Company (such Holder or
underwriter, its officers, partners, managers directors and representatives, and any such other
persons being hereinafter referred to individually as an “Investor Indemnified Person” and
collectively as “Investor Indemnified Persons”) from and against all demands, claims, actions or
causes of action, assessments, losses, damages, liabilities, costs, and expenses, including,
without limitation, interest, penalties, and attorneys’ fees and disbursements, asserted against,
resulting to, imposed upon or incurred by such Investor Indemnified Person, directly or indirectly
(hereinafter referred to in this Section 1.6.3 in the singular as a “claim” and in the plural as
“claims”), based upon, arising out of or resulting from any breach of representation or warranty
made by the Company in any underwriting agreement or any untrue statement of a material fact
contained in the registration statement or any omission to state therein a material fact necessary
to make the statements made therein, in the light of the circumstances under which they were made,
not misleading, except insofar as such claim is based upon, arises out of or results from
information furnished to the Company in writing by such Investor Indemnified Person for use in
connection with the registration statement.

          (b) Each Holder shall, if securities held by him or it are included among the securities as to
which such registration, qualification or compliance is being effected, indemnify the Company, each
of its directors and officers, and each person who controls (as defined in the Securities Act) the
Company (the Company, its directors, officers and each person who controls the Company being
hereinafter referred to individually as a “Company Indemnified Person” and collectively as “Company
Indemnified Persons”), against all claims, losses, damages and liabilities (or actions in respect
thereof) arising out of or based on any untrue statement (or alleged untrue statement) of a
material fact contained in any such registration statement, prospectus, offering circular or other
document, or any omission (or alleged omission) to state therein a material fact required to be
stated therein or necessary to make the statements therein not misleading, and shall reimburse the
Company Indemnified Persons, for any legal or any other expenses reasonably incurred in connection
with investigating or defending any such claim, loss, damage, liability or action, in each case to
the extent, but only to the extent, that such untrue statement (or alleged untrue statement) or
omission (or alleged omission) is made in such registration statement, prospectus, offering
circular or

9

 

other document in reliance upon and in conformity with written information furnished to the Company
by such Holder specifically for use therein; provided, however, that the obligations of such Holder
hereunder shall be limited to an amount equal to the net proceeds to such Holder of securities sold
in such offering as contemplated herein.

          (c) The indemnification provisions set forth herein shall be in addition to any liability the
Company or any Holder may otherwise have to the Investor Indemnified Persons or Company Indemnified
Persons. The Company Indemnified Persons and Investor Indemnified Persons are hereinafter referred
to as “Indemnified Persons.” Promptly after receiving notice of any claim in respect of which an
Indemnified Person may seek indemnification under this Section 1.6.3, such Indemnified Person shall
submit written notice thereof to either the Company or the Holders, as the case may be (sometimes
being hereinafter referred to as an “Indemnifying Person”). The omission of the Indemnified Person
so to notify the Indemnifying Person of any such claim shall not relieve the Indemnifying Person
from any liability it may have hereunder except to the extent that (a) such liability was caused or
increased by such omission, or (b) the ability of the Indemnifying Person to reduce such liability
was materially adversely affected by such omission. In addition, the omission of the Indemnified
Person so to notify the Indemnifying Person of any such claim shall not relieve the Indemnifying
Person from any liability it may have otherwise than hereunder. The Indemnifying Person shall have
the right to undertake, by counsel or representatives of its own choosing, the defense, compromise
or settlement (without admitting liability of the Indemnified Person) of any such claim asserted,
such defense, compromise or settlement to be undertaken at the expense of the Indemnifying Person,
and the Indemnified Person shall have the right to engage separate counsel, at its own expense,
whom counsel for the Indemnifying Person shall keep informed and consult with in a reasonable
manner; provided, however, that the Indemnified Person shall have the right to retain one separate
counsel, with the fees and expenses to be paid by the Indemnifying Person, if representation of
such Indemnified Person by the counsel retained by the Indemnifying Person would be inappropriate
due to actual or potential differing interests between such Indemnified Person and any other party
represented by such counsel in such proceeding. In the event the Indemnifying Person shall elect
not to undertake such defense by its own representatives, the Indemnifying Person shall give prompt
written notice of such election to the Indemnified Person, and the Indemnified Person shall
undertake the defense, compromise or settlement (without admitting liability of the Indemnified
Person) thereof on behalf of and for the account of the Indemnifying Person by counsel or other
representatives designated by the Indemnified Person. Notwithstanding the foregoing, no
Indemnifying Person shall be obligated hereunder with respect to amounts paid in settlement of any
claim if such settlement is effected without the consent of such Indemnifying Person (such consent
not to be unreasonably withheld).

10

 

          (d) If the indemnification provided for in this Section 1.6 is held by a court of competent
jurisdiction to be unavailable to an Indemnified Person, then the Indemnifying Person, in lieu of
indemnifying such Indemnified Person hereunder, shall contribute to the amount paid or payable by
such Indemnified Person as a result of any losses or claims in such proportion as is appropriate to
reflect the relative fault of the Indemnified Person on the one hand and the Indemnifying Person on
the other in connection with the statements or omissions that resulted in such losses or claims as
well as any other relevant equitable considerations. The relative fault of the Indemnified Person
and the Indemnifying Person shall be determined by reference to, among other things, whether the
untrue or alleged untrue statement of a material fact or the omission to state a material fact
relates to information supplied by the Indemnifying Person or by the Indemnified Person and the
parties’ relative intent, knowledge and access to information and opportunity to correct or prevent
such statement or omission. In no event will the liability of any Holder for contribution exceed
the net proceeds received by such Holder in any sale of securities to which such liability relates.

     1.7. Grant and Transfer of Registration Rights

     Except for registration rights granted by the Company after the date hereof which are
subordinate to the rights of the Holders hereunder, the Company shall not grant any registration
rights to any other person or entity without the prior written consent of holders of two-thirds of
all Registrable Securities held by the Holders, on a fully-diluted as converted to Common Stock
basis, which consent shall not be unreasonably withheld or delayed. Holders shall have the right
to transfer or assign the rights contained in this Agreement (i) to any limited partner or
affiliate of a Holder in connection with the transfer of any Registrable Securities; (ii) to any
third party transferee acquiring at least five percent (5%) of all Equity Securities then
outstanding, on a fully-diluted as converted to Common Stock basis; or (iii) in the event that the
transferring or assigning Holder owns less than five percent (5%) of all Equity Securities on a
fully-diluted as converted to Common Stock basis, to any third party transferee acquiring all (but
not less than all) of the Registrable Securities held by such Holder; provided: (a) the Company
is, within a reasonable time after such transfer, furnished with written notice of the name and
address of such transferee or assignee and the securities with respect to which such registration
rights are being assigned; (b) such transferee or assignee agrees in writing to be bound by and
subject to the terms and conditions of this Agreement; and (c) such assignment shall be effective
only if immediately following such transfer the further disposition of such securities by the
transferee or assignee is restricted under the Act.

11

 

     1.8. Information from Holder

          It shall be a condition precedent to the obligations of the Company to take any action
pursuant to this Section 1 with respect to the Registrable Securities of any selling Holder that
such Holder shall furnish to the Company such information regarding itself, the Registrable
Securities held by it, and the intended method of disposition of such securities as shall be
required to effect the registration of such Holder’s Registrable Securities.

     1.9 Rule 144 Requirements

          Immediately after the date on which a registration statement filed by the Company under the
Act becomes effective, the Company shall undertake to make publicly available, and available to the
Holders, such information as is necessary to enable the Holders to make sales of Registrable
Securities pursuant to Rule 144 of the Act. The Company shall furnish to any Holder, upon request,
a written statement executed by the Company as to the steps it has taken to comply with the current
public information requirements of Rule 144.

     1.10 Sale of Series B Stock or Series C Stock to Underwriter

          Notwithstanding any provision of this Agreement to the contrary, in lieu of converting any
shares of Series B Stock or Series C Stock prior to the filing of any registration statement filed
pursuant to this Agreement, the holder of such shares may sell such shares of Series B Stock or
Series C Stock to the underwriters of the offering being registered upon the undertaking of such
underwriters to convert the Series B Stock or Series C Stock to Common Stock, each such step to be
effective at the closing of the offering. In such event, the Company agrees to cause the Common
Stock issuable on the conversion of the Series B Stock or Series C Stock to be issued within such
time period as will permit the underwriters to make and complete the distribution contemplated by
the underwriting.

     1.11 Changes in Series B Stock, Series C Stock or Common Stock

          If, and as often as, there is any change in the Series B Stock, Series C Stock or Common Stock
by way of a stock split, stock dividend, combination or reclassification, or through a merger,
consolidation, reorganization or recapitalization, or by any other means, appropriate adjustment
shall be made in the provisions hereof so that the rights and privileges granted hereby shall
continue with respect to the Series B Stock, Series C Stock or Common Stock as so changed.

12

 

2. DEFINITIONS

          The capitalized terms contained in this Agreement shall have the following meanings unless
otherwise specifically defined:

          “Act” shall mean the Securities Act of 1933, as amended.

          “Agreement” shall mean this Amended and Restated Registration Rights Agreement.

          “Business Day” shall mean Monday through Friday and shall exclude any federal or bank holidays
observed in New York City.

          “Company” shall mean NSI Software, Inc., a Delaware corporation, or any successor thereto.

          “Common Stock” shall mean the common stock of the Company, $.001 par value per share.

          “Equity Securities” shall mean the Common Stock, the Series B Stock, the Series C Stock and
any warrants or other rights to subscribe for or to purchase, or any options for the purchase of,
Common Stock, any stock or security convertible into or exchangeable for Common Stock or any other
stock, security or interest in the Company whether or not convertible into or exchangeable for
Common Stock.

          “Holders” shall mean the Series B Investors and Series C Investors who hold Registrable
Securities, and any other person or entity that is a valid transferee of the rights granted
hereunder pursuant to Section 1.7 hereof.

          “Indemnified Person” shall have the meaning ascribed to that term in Section 1.6.3.

          “Indemnifying Person” shall have the meaning ascribed to that term in Section 1.6.3.

          “IPO” shall mean the initial public offering of the Company’s Equity Securities registered
under the Act.

          “Series B Stock” shall mean the Series B Preferred Stock, par value $.01 per share, of the
Company.

          “Series C Stock” shall mean the Series C Preferred Stock, par value $.01 per share, of the
Company.

13

 

          “Registrable Securities” shall mean (i) shares of Common Stock, issued or issuable upon
conversion of the Series B Stock, now held or subsequently acquired by the Holder, (ii) shares of
Common Stock, issued or issuable upon conversion of the Series C Stock, now held or subsequently
acquired by the Holder and (iii) any equity securities issued as a distribution with respect to or
in exchange for or in replacement for any of the shares referred to in clauses (i) and (ii);
provided, however, that Registrable Securities shall not include any securities that have been
previously sold pursuant to a registration statement filed under the Act or under Rule 144
promulgated under the Act, or which have otherwise been transferred in a transaction in which the
transferor’s rights under this Agreement are not assigned, or, as to any Holder, all of such
Holder’s shares if all of such shares are then eligible for sale in a single transaction under Rule
144(k), promulgated under the Act.

          “SEC” shall mean the United States Securities and Exchange Commission.

3. MISCELLANEOUS

     3.1. Entire Agreement; Amendment

          This Agreement constitutes the entire agreement among the parties hereto with respect to the
matters provided for herein, and it supersedes all prior oral or written agreements, commitments or
understandings with respect to the matters provided for herein. Subject to the provisions of
Section 1.7 hereof, this Agreement may not be amended without the written consent of the Company
and Holders who beneficially own at least a majority of the outstanding Registrable Securities then
held by all Holders.

     3.2. Waiver

          No delay or failure on the part of any party hereto in exercising any right, power or
privilege under this Agreement or under any other instruments given in connection with or pursuant
to this Agreement shall impair any such right, power or privilege or be construed as a waiver of
any default or any acquiescence therein. No single or partial exercise of any such right, power or
privilege shall preclude the further exercise of such right, power or privilege, or the exercise of
any other right, power or privilege. No waiver shall be valid against any party hereto unless made
in writing and signed by the party against whom enforcement of such waiver is sought and then only
to the extent expressly specified therein.

14

 

     3.3. Termination

          This Agreement shall forthwith become wholly void and of no effect upon the earlier to occur
of the following: (i) as to any Holder (including any assignee of Holder), at such time as all of
such Holder’s Registrable Securities are then eligible for sale in a single transaction under Rule
144(k), promulgated under the Act, or (ii) seven years from the closing date of the Company’s IPO.

     3.4. No Third Party Beneficiaries

          Except to the extent that the rights hereunder are assigned in accordance with Section 1.7, it
is the explicit intention and agreement of the parties hereto that no person or entity other than
the parties hereto is or shall be entitled to bring any action to enforce any provision of this
Agreement against any of the parties hereto, and the covenants, undertakings and agreements set
forth in this Agreement shall be solely for the benefit of, and shall be enforceable only by, the
parties hereto or their respective successors, heirs, executors, administrators, legal
representatives and permitted assigns.

     3.5. Binding Effect

          This Agreement shall be binding upon and shall inure to the benefit of the parties hereto and
their respective successors, heirs, executors, administrators, legal representatives and permitted
assigns, including any successor corporation upon a reincorporation of the Company into another
jurisdiction.

     3.6. Governing Law

          This Agreement, the rights and obligations of the parties hereto, and any claims or disputes
relating thereto, shall be governed by and construed in accordance with the laws of the State of
New York (excluding the choice of law rules thereof).

     3.7. Notices

          All notices, demands, requests, or other communications which may be or are required to be
given, served, or sent by any party to any other party pursuant to this Agreement shall be in
writing and shall be hand-delivered, sent by overnight courier service or mailed by first-class,
registered or certified mail, return receipt requested, postage prepaid, addressed as follows:

15

 

	 	(i)	 	If to the Company:
	 
	 	 	 	NSI Software, Inc.

Baker Waterfront Plaza

Two Hudson Place, Suite 700

Hoboken, New Jersey 07030

Attention: Donald E. Beeler, Jr.

Facsimile: (201) 656-2727

     with a copy (which shall not constitute notice) to:

	 	 	 	Goldstein & DiGioia, LLP

45 Broadway, 11th Floor

New York, New York 10006

Attention: Victor J. DiGioia

Facsimile: (212) 557-0295
	 
	 	(ii)	 	If to ABS:
	 
	 	 	 	ABS Capital Partners IV, L.P.

400 East Pratt Street

Suite 910

Baltimore, MD 21202

Attention: Laura Witt
	 
	 	 	 	with a copy (which shall not constitute notice) to:
	 
	 	 	 	Hogan & Hartson L.L.P.

111 South Calvert Street

Suite 1600

Baltimore, Maryland 21202

Attention: Michael J. Silver
	 
	 	(iii)	 	If to any other Holder, such Holder’s address as appearing on
the records of the Company.

Each party may designate by notice in writing a new address to which any notice, demand, request or
communication may thereafter be so given, served or sent. Each notice, demand, request, or
communication which shall be hand-delivered or mailed in the manner described above, shall be
deemed sufficiently given, served, sent, received or delivered for all purposes at such time as it
is delivered to the addressee (with the return receipt or the delivery receipt being deemed
conclusive, but not exclusive, evidence of such delivery) or at such time as delivery is refused by
the addressee upon presentation.

16

 

     3.8. Execution in Counterparts

          To facilitate execution, this Agreement may be executed in as many counterparts as may be
required; and it shall not be necessary that the signatures of, or on behalf of, each party, or
that the signatures of all persons required to bind any party, appear on each counterpart; but it
shall be sufficient that the signature of, or on behalf of, each party, or that the signatures of
the persons required to bind any party, appear on one or more of the counterparts. All
counterparts shall collectively constitute a single agreement. It shall not be necessary in making
proof of this Agreement to produce or account for more than a number of counterparts containing the
respective signatures of, or on behalf of, all of the parties hereto.

17

 

     IN WITNESS WHEREOF, the undersigned have duly executed this Agreement, or have caused this
Agreement to be duly executed on their behalf, as of the day and year first hereinabove set forth.

	 	 	 	 	 	 	 
	 	 	NSI SOFTWARE, INC.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 	 	 
	 

	 	Name:	 	 	 	 
	 

	 	 	 	 	 	 
	 

	 	Title:	 	 	 	 
	 

	 	 	 	 	 	 
	 

	 	 	 	 	 	 

	 	 	 	 	 
	 	ABS CAPITAL PARTNERS IV, L.P.

By: ABS Partners IV, LLC

Its: General Partner

 	 
	 	By:  	 	 
	 	 	Name:  	Laura Witt 	 
	 	 	Title:  	Managing Member 	 
	 
	 	ABS CAPITAL PARTNERS IV-A, L.P.

By: ABS Partners IV, LLC

Its: General Partner

 	 
	 	By:  	 	 
	 	 	Name:  	Laura Witt 	 
	 	 	Title:  	Managing Member 	 
	 

[Signature Page to Amended and Restated Registration Rights Agreement]

 

	 	 	 	 	 
	 	ABS CAPITAL PARTNERS IV OFFSHORE, L.P.

By: ABS Partners IV, LLC

Its: General Partner

 	 
	 	By:  	 	 
	 	 	Name:  	Laura Witt 	 
	 	 	Title:  	Managing Member 	 
	 
	 	ABS CAPITAL PARTNERS IV SPECIAL OFFSHORE, L.P.

By: ABS Partners IV, LLC

Its: General Partner

 	 
	 	By:  	 	 
	 	 	Name:  	Laura Witt 	 
	 	 	Title:  	Managing Member 	 
	 

[Signature Page to Amended and Restated Registration Rights Agreement]

 

	 	 	 	 	 	 	 
	 	 	SELIGMAN COMMUNICATIONS AND INFORMATION FUND, INC.
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 	 	 
	 

	 	Its:	 	 	 	 
	 

	 	 	 	 	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 	 	 
	 

	 	Name:	 	 	 	 
	 

	 	 	 	 	 	 
	 

	 	Title:	 	 	 	 
	 

	 	 	 	 	 	 
	 
	 	 	 	 	 	 
	 	 	SELIGMAN INVESTMENT OPPORTUNITIES (MASTER) FUND-NTV
PORTFOLIO
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 	 	 
	 

	 	Its:	 	 	 	 
	 

	 	 	 	 	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 	 	 
	 

	 	Name:	 	 	 	 
	 

	 	 	 	 	 	 
	 

	 	Title:	 	 	 	 
	 

	 	 	 	 	 	 
	 
	 	 	 	 	 	 
	 	 	SELIGMAN INVESTMENT OPPORTUNITIES (MASTER) FUND-NTV II
PORTFOLIO J&W
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 	 	 
	 

	 	Its:	 	 	 	 
	 

	 	 	 	 	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 	 	 
	 

	 	Name:	 	 	 	 
	 

	 	 	 	 	 	 
	 

	 	Title:	 	 	 	 
	 

	 	 	 	 	 	 
	 

	 	 	 	 	 	 

 

	 	 	 	 	 	 	 
	 	 	SELIGMAN NEW TECHNOLOGIES FUND, INC.
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 	 	 
	 

	 	Its:	 	 	 	 
	 

	 	 	 	 	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 	 	 
	 

	 	Name:	 	 	 	 
	 

	 	 	 	 	 	 
	 

	 	Title:	 	 	 	 
	 

	 	 	 	 	 	 
	 

	 	 	 	 	 	 

[Signature Page to Amended and Restated Registration Rights Agreement]

 

	 	 	 	 	 	 	 
	 	 	DELL USA LP	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 	 	 
	 

	 	Its:	 	 	 	 
	 

	 	 	 	 	 	 

	 	 	 	 	 	 	 
	 

	 	By:
	 	 
	 	 
	 

	 	 	 	 	 	 
	 

	 	Name:	 	 	 	 
	 

	 	 	 	 	 	 
	 

	 	Title:	 	 	 	 
	 

	 	 	 	 	 	 

	 	 	 	 	 	 	 
	 	 	THE FOLINO REVOCABLE LIVING TRUST	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 	 	 
	 

	 	Its:	 	 	 	 
	 

	 	 	 	 	 	 

	 	 	 	 	 	 	 
	 

	 	By:
	 	 
	 	 
	 

	 	 	 	 	 	 
	 

	 	Name:	 	 	 	 
	 

	 	 	 	 	 	 
	 

	 	Title:	 	 	 	 
	 

	 	 	 	 	 	 

	 	 	 	 	 	 	 
	 	 	 	 	 
	 	 	LAWRENCE KAPLAN	 	 
	 
	 	 	 	 	 	 
	 	 	 	 	 
	 	 	RICHARD FRIEDMAN	 	 
	 
	 	 	 	 	 	 
	 	 	 	 	 
	 	 	JEFFREY MARKOWITZ	 	 

[Signature Page to Amended and Restated Registration Rights Agreement]

 

 

	 	 	 	 	 	 	 
	 	 	 	 	 
	 	 	RICHARD FELDMAN	 	 
	 
	 	 	 	 	 	 
	 	 	 	 	 
	 	 	DONALD S. TUCK	 	 
	 
	 	 	 	 	 	 
	 	 	 	 	 
	 	 	MARC SUVAL	 	 
	 
	 	 	 	 	 	 
	 	 	 	 	 
	 	 	STEWART L. KRUG	 	 
	 
	 	 	 	 	 	 
	 	 	 	 	 
	 	 	ERIK SILVER	 	 
	 
	 	 	 	 	 	 
	 	 	 	 	 
	 	 	MICHAEL GOLDSTEIN	 	 
	 
	 	 	 	 	 	 
	 	 	 	 	 
	 	 	STANLEY GOLDSTEIN	 	 
	 
	 	 	 	 	 	 
	 	 	 	 	 
	 	 	BARRY LAX	 	 
	 
	 	 	 	 	 	 
	 	 	 	 	 
	 	 	VICTOR J. DIGIOIA	 	 

[Signature Page to Amended and Restated Registration Rights Agreement]

 

 

	 	 	 	 	 	 	 
	 	 	 	 	 
	 	 	BRIAN C. DAUGHNEY	 	 
	 
	 	 	 	 	 	 
	 	 	 	 	 
	 	 	SCOTT MEYERS	 	 
	 
	 	 	 	 	 	 
	 	 	 	 	 
	 	 	DONALD E. BEELER, JR.	 	 
	 
	 	 	 	 	 	 
	 	 	 	 	 
	 	 	LARRY BARATZ	 	 
	 
	 	 	 	 	 	 
	 	 	 	 	 
	 	 	LINDA BARATZ	 	 

	 	 	 	 	 	 	 
	 	 	ALLIANCE CAPITAL INVESTMENT CORP.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 	 	 
	 

	 	Its:	 	 	 	 
	 

	 	 	 	 	 	 

	 	 	 	 	 	 	 
	 

	 	By:
	 	 
	 	 
	 

	 	 	 	 	 	 
	 

	 	Name:	 	 	 	 
	 

	 	 	 	 	 	 
	 

	 	Title:	 	 	 	 
	 

	 	 	 	 	 	 

	 	 	 	 	 	 	 
	 	 	 	 	 
	 	 	STUART W. SANDERSON	 	 

[Signature Page to Amended and Registration Rights Agreement]

 

 

	 	 	 	 	 	 	 
	 	 	 	 	 
	 

	 	STANLEY
	 	KAPLAN
	 	 

[Signature Page to Amended and Restated Registration Rights Agreement]

 

 

Exhibit A

Series B Investors

	 	 	 	 	 
	ABS Capital Partners IV L.P.
	 	 	 	 
	ABS Capital Partners IV–A L.P.
	 	 	 	 
	ABS Capital Partners IV Offshore, L.P.
	 	 	 	 
	ABS Capital Partners IV Offshore Special, L.P.
	 	 	 	 
	Seligman Communications and Information Fund, Inc.
	 	 	 	 
	Seligman Investment Opportunities (Master) Fund-NTV Portfolio
	 	 	 	 
	Seligman Investment Opportunities (Master) Fund-NTV II Portfolio
	 	 	 	 
	Seligman New Technologies Fund, Inc.
	 	 	 	 
	Dell USA LP
	 	 	 	 
	The Folino Revocable Living Trust
	 	 	 	 
	Alliance Capital Investment Corp.
	 	 	 	 
	Lawrence Kaplan
	 	 	 	 
	Richard Friedman
	 	 	 	 
	Jeffrey Markowitz
	 	 	 	 
	Richard Feldman
	 	 	 	 
	Donald S. Tuck
	 	 	 	 
	Marc Suval
	 	 	 	 
	Stewart L. Krug
	 	 	 	 
	Erik Silver
	 	 	 	 
	Michael Goldstein
	 	 	 	 
	Stanley Goldstein
	 	 	 	 
	Barry Lax
	 	 	 	 
	Victor J. DiGioia
	 	 	 	 
	Brian C.Daughney
	 	 	 	 
	Scott Meyers
	 	 	 	 
	Donald E. Beeler, Jr.
	 	 	 	 
	Larry Baratz
	 	 	 	 
	Linda Baratz
	 	 	 	 
	Stuart W. Sanderson
	 	 	 	 
	Stanley Kaplan
	 	 	 	 

 

 

Exhibit B

Series C Investors

	 	 	 	 	 
	ABS Capital Partners IV, L.P.
	 	 	 	 
	 
	 	 	 	 
	ABS Capital Partners IV-A, L.P.
	 	 	 	 
	 
	 	 	 	 
	ABS Capital Partners IV Offshore, L.P.
	 	 	 	 
	 
	 	 	 	 
	ABS Capital Partners IV Special Offshore, L.P.
	 	 	 	 

 

 

TABLE OF CONTENTS

	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	Page 
	1.	 	REGISTRATION RIGHTS	 	 	2	 
	 
	 	1.1.1	 	Demand Registration Rights 	 	 	2	 
	 
	 	 	 	1.1.2. Demand Procedures 	 	 	2	 
	 
	 	 	 	1.1.3. Delay by Company 	 	 	3	 
	 
	 	 	 	1.1.4. Reduction 	 	 	3	 
	 
	 	 	 	1.1.5. Withdrawal 	 	 	4	 
	 
	 	1.2.	 	Piggyback Registration Rights 	 	 	4	 
	 
	 	 	 	1.2.1. Request 	 	 	4	 
	 
	 	 	 	1.2.2. Reduction 	 	 	5	 
	 
	 	1.3.	 	Registration on Form S-3 	 	 	5	 
	 
	 	1.4.	 	Registration Procedures 	 	 	5	 
	 
	 	1.5.	 	Holdback Agreement 	 	 	7	 
	 
	 	1.6.	 	Registration Expenses 	 	 	8	 
	 
	 	 	 	1.6.1. Holder Expenses 	 	 	8	 
	 
	 	 	 	1.6.2. Company Expenses 	 	 	8	 
	 
	 	 	 	1.6.3. Indemnity and Contribution 	 	 	9	 
	 
	 	1.7.	 	Grant and Transfer of Registration Rights 	 	 	11	 
	 
	 	1.8.	 	Information from Holder 	 	 	12	 
	 
	 	1.9	 	Rule 144 Requirements 	 	 	12	 
	 
	 	1.10	 	Sale of Series B Stock or Series C Stock to Underwriter 	 	 	12	 
	 
	 	1.11	 	Changes in Series B Stock, Series C Stock or Common Stock 	 	 	12	 
	2.	 	DEFINITIONS	 	 	13	 
	3.	 	MISCELLANEOUS	 	 	14	 
	 
	 	3.1.	 	Entire Agreement; Amendment 	 	 	14	 
	 
	 	3.2.	 	Waiver 	 	 	14	 
	 
	 	3.3.	 	Termination 	 	 	15	 
	 
	 	3.4.	 	No Third Party Beneficiaries 	 	 	15	 
	 
	 	3.5.	 	Binding Effect 	 	 	15	 
	 
	 	3.6.	 	Governing Law 	 	 	15	 
	 
	 	3.7.	 	Notices 	 	 	15	 
	 
	 	3.8.	 	Execution in Counterparts 	 	 	17	 

-i-

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