Document:

exv4w1

Exhibit 4.1

AMENDMENT

TO

RIGHTS AGREEMENT

     This Amendment to Rights Agreement (the “Amendment”) is entered into as of January 3, 2011, by
and between CPEX Pharmaceuticals, Inc., a Delaware corporation (the “Company”), and American Stock
Transfer & Trust Company, LLC, a New York limited liability trust company (the “Rights Agent”).

WITNESSETH:

     WHEREAS, the Company is party to that certain Rights Agreement, dated as of June 13, 2008 (the
“Rights Agreement”) with the Rights Agent. All capitalized terms used herein and not otherwise
defined shall have the meaning ascribed thereto in the Rights Agreement;

     WHEREAS, pursuant to Section 27 of the Rights Agreement, prior to the Distribution Date, the
Company and the Rights Agent shall, if the Company so directs, supplement or amend any provision of
the Rights Agreement without the approval of any holders of certificates representing shares of
Common Stock of the Company; and

     WHEREAS, the Board of Directors of the Company has determined that an amendment to the Rights
Agreement as set forth in this Amendment is necessary and desirable and has approved this
Amendment, and pursuant to Section 27 of the Rights Agreement, the Company hereby directs that the
Rights Agreement be amended as set forth in this Amendment.

     NOW THEREFORE, in consideration of the premises and the mutual agreements herein set forth,
the parties hereby agree as follows:

     1. Amendments to Section 1.

          (a) Section 1 of the Rights Agreement is hereby amended by adding the following
definitions:

	 	(ll)	 	“Buyer Entity” shall mean each of NewCo and Merger Sub.
	 
	 	(mm)	 	“Effective Time” shall have the meaning
set forth in the Merger Agreement.
	 
	 	(nn)	 	“Merger” shall have the meaning set
forth in the Merger Agreement.
	 
	 	(oo)	 	“Merger Agreement” shall mean the
Agreement and Plan of Merger, dated as of January 3, 2011, by and
among NewCo, Merger Sub and the Company, as may be amended from time
to time.

 

 

	 	(pp)	 	“Merger Sub” shall mean FCB I
Acquisition Corp., a Delaware corporation and a wholly-owned
subsidiary of NewCo.
	 
	 	(qq)	 	“NewCo” shall mean FCB I Holdings Inc.,
a Delaware corporation.
	 
	 	(rr)	 	“Seller Stockholder” shall have the
meaning set forth in the Merger Agreement.
	 
	 	(ss)	 	“Voting Agreements” shall mean the
Voting Agreements, dated as of January 3, 2011, by and among NewCo,
Merger Sub and certain Seller Stockholders.

     (b) The definition of “Acquiring Person” in Section 1(a) of the Rights Agreement is hereby
amended and supplemented by inserting the following sentence at the end thereof:

“Notwithstanding the foregoing or any other provision of this Agreement to
the contrary, none of (i) the execution and delivery of the Merger
Agreement, (ii) the execution and delivery of any or all of the Voting
Agreements, (iii) stockholder approval of the Merger Agreement or (iv) the
consummation of the Merger or the other transactions contemplated by the
Merger Agreement and the Voting Agreements shall be deemed to result in
any Buyer Entity or any of their respective Affiliates or Associates
becoming an Acquiring Person.”

     (c) The definition of “Beneficial Owner” in Section 1(d) of the Rights Agreement is hereby
amended and supplemented by inserting the following sentence at the end thereof:

“Notwithstanding the foregoing or any other provision of this Agreement to
the contrary, none of (i) the execution and delivery of the Merger
Agreement, (ii) the execution and delivery of any or all of the Voting
Agreements, (iii) stockholder approval of the Merger Agreement or (iv) the
consummation of the Merger or the other transactions contemplated by the
Merger Agreement and the Voting Agreements shall be deemed to result in
any Buyer Entity or any of their respective Affiliates or Associates
becoming Beneficial Owner of, or to beneficially own or to have Beneficial
Ownership of the shares of Common Stock subject to the Merger Agreement or
any of the Voting Agreements.”

     (d) The definition of “Stock Acquisition Date” in Section 1(ff) of the Rights Agreement is
hereby amended and supplemented by inserting the following sentence at the end thereof:

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“Notwithstanding the foregoing or any other provision of this Agreement to
the contrary, none of (i) the execution and delivery of the Merger
Agreement, (ii) the execution and delivery of any or all of the Voting
Agreements, (iii) stockholder approval of the Merger Agreement or (iv) the
consummation of the Merger or the other transactions contemplated by the
Merger Agreement and the Voting Agreements shall be deemed to result in a
Stock Acquisition Date.”

     2. Amendment to Section 3(a). Section 3(a) of the Rights Agreement is hereby amended
and supplemented to add the following sentence at the end thereof:

“Notwithstanding anything in this Agreement to the contrary, none of (i)
the execution and delivery of the Merger Agreement, (ii) the execution and
delivery of any or all of the Voting Agreements, (iii) stockholder
approval of the Merger Agreement or (iv) the consummation of the Merger or
the other transactions contemplated by the Merger Agreement and the Voting
Agreements shall be deemed to result in a Distribution Date.”

     3. Amendment to Section 7(a). Section 7(a) of the Rights Agreement is hereby amended
and restated in its entirety such that Section 7(a) shall read as follows:

“(a) Subject to Section 7(e) hereof, at any time after the Distribution
Date, the registered holder of any Rights Certificate may exercise the
Rights evidenced thereby (except as otherwise provided herein, including,
without limitation, the restrictions on exercisability set forth in
Section 9(c), Section 11(a)(iii) and Section 23(a) hereof) in whole or in
part upon surrender of the Rights Certificate, with the form of election
to purchase and the certificate on the reverse side thereof duly executed,
to the Rights Agent at the principal office or offices of the Rights Agent
designated for such purpose, together with payment of the aggregate
Purchase Price with respect to the total number of one one-thousandths of
a share (or other securities, cash or other assets, as the case may be) as
to which such surrendered Rights are then exercisable, at or prior to the
earliest of (i) 5:00 P.M., New York City time, on June 13, 2018, or such
later date as may be established by the Board of Directors prior to the
expiration of the Rights (such date, as it may be extended by the Board of
Directors, the “Final Expiration Date”), (ii) the time at which
the Rights are redeemed or exchanged as provided in Section 23 and Section
24 hereof and (iii) immediately prior to the Effective Time (the earliest
of (i), (ii), and (iii) being herein referred to as the “Expiration
Date”).”

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     4. Amendment to Section 11. Section 11(a)(ii) of the Rights Agreement is hereby
amended and supplemented by adding the following sentence at the end thereof:

“For the avoidance of doubt and notwithstanding anything in this
Agreement to the contrary, the occurrence of (i) the execution and
delivery of the Merger Agreement, (ii) the execution and delivery of any
or all of the Voting Agreements, (iii) stockholder approval of the Merger
Agreement and/or (iv) the consummation of the Merger or the other
transactions contemplated by the Merger Agreement and the Voting
Agreements shall not be deemed to be a Section 11(a)(ii) Event and shall
not cause the Rights to be adjusted or exercisable in accordance with, or
any other action to be taken or obligation to arise pursuant to, this
Section 11(a)(ii).”

     5. Amendment to Section 13. Section 13(a) of the Rights Agreement is hereby amended
and supplemented by adding the following sentence at the end thereof:

“For the avoidance of doubt and notwithstanding anything in this Agreement
to the contrary, the occurrence of (i) the execution and delivery of the
Merger Agreement, (ii) the execution and delivery of any or all of the
Voting Agreements, (iii) stockholder approval of the Merger Agreement
and/or (iv) the consummation of the Merger or the other transactions
contemplated by the Merger Agreement and the Voting Agreements shall not
be deemed to be a Section 13 Event and shall not cause the Rights to be
adjusted or exercisable in accordance with, or any other action to be
taken or obligation to arise pursuant to, this Section 13.”

     6. Effectiveness. This Amendment shall be deemed effective as of the date first above
written, as if executed on such date. Except as expressly set forth herein, this Amendment shall
not by implication or otherwise alter, modify, amend or in any way affect any of the terms,
conditions, obligations, covenants or agreements contained in the Rights Agreement, all of which
are ratified and affirmed in all respects and shall continue in full force and effect and shall be
otherwise unaffected.

     7. Governing Law. This Amendment shall be deemed to be a contract made under the laws
of the State of Delaware and for all purposes shall be governed by and construed in accordance with
the laws of such state applicable to contracts to be made and performed entirely within such state.

     8. Counterparts. This Amendment may be executed in any number of counterparts, which
shall for all purposes be deemed an original, and all such counterparts together shall constitute
but one and the same instrument.

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[Remainder of page has intentionally been left blank]

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     IN WITNESS WHEREOF, the parties have caused this Amendment to be duly executed as of the
day and year first above written.

	 	 	 	 	 	 	 

	 	 	 	 	CPEX PHARMACEUTICALS, INC.
	Attest:	 	 	 	 
	 
	 	 	 	 	 	 
	/s/ Robert P. Hebert	 	By:	 	/s/ John A Sedor
	 	 	 	 	 
	Name:

	 	Robert P. Hebert
	 	Name:
	 	John A. Sedor
	Title:

	 	Vice President and Chief Financial
Officer
	 	Title:
	 	President and Chief Executive Officer

	 	 	 	 	 	 	 

	 	 	 	 	AMERICAN STOCK TRANSFER & TRUST COMPANY, LLC
	 
	 	 	 	 	 	 
	Attest:	 	 	 	 
	 
	 	 	 	 	 	 
	/s/ Barry S. Rosenthal	 	By:	 	/s/ H. J. Lemmer
	 	 	 	 	 
	Name:

	 	Barry S. Rosenthal
	 	Name:
	 	Herbert J. Lemmer
	Title:

	 	Vice President
	 	Title:
	 	Vice President

(Signature
Page to Amendment to Rights Agreement)exv10w1

Exhibit 10.1

VOTING AGREEMENT

     THIS VOTING AGREEMENT (“Agreement”), dated as of January 3, 2011, by and among FCB I
Holdings Inc., a Delaware corporation (“NewCo”), FCB I Acquisition Corp., a Delaware
corporation and a wholly-owned subsidiary of NewCo (“Merger Sub”), and the undersigned
holder (“Seller Stockholder”) of shares of common stock (the “Shares”) of CPEX
Pharmaceuticals, Inc., a Delaware corporation (“Seller”).

     WHEREAS, NewCo, Merger Sub and Seller have entered into an Agreement and Plan of Merger, dated
of even date herewith (the “Merger Agreement”), providing for the merger of Merger Sub with
and into Seller (the “Merger”);

     WHEREAS, Seller Stockholder beneficially owns and has sole or shared voting power with respect
to the number of Shares indicated opposite Seller Stockholder’s name on Schedule 1 attached
hereto;

     WHEREAS, as an inducement and condition to the Buyer Entities entering into the Merger
Agreement, and in consideration of the substantial expenses incurred and to be incurred by the
Buyer Entities in connection therewith, Seller Stockholder has agreed to enter into and perform
this Agreement; and

     WHEREAS, all capitalized terms used in this Agreement without definition herein shall have the
meanings ascribed to them in the Merger Agreement.

     NOW, THEREFORE, in consideration of, and as an inducement and condition to, the Buyer Entities
entering into the Merger Agreement and proceeding with the transactions contemplated thereby, and
in consideration of the expenses incurred and to be incurred by it in connection therewith, Seller
Stockholder, NewCo and Merger Sub agree as follows:

     1. Agreement to Vote Shares. Seller Stockholder agrees that, prior to the Expiration
Date (as defined in Section 2 below), at any meeting of the stockholders of Seller or any
adjournment or postponement thereof, or in connection with any written consent of the stockholders
of Seller, with respect to the Merger, the Merger Agreement or any Acquisition Proposal, Seller
Stockholder shall:

     (a) appear at such meeting or otherwise cause the Shares and any New Shares (as defined
in Section 3 below) to be counted as present thereat for purposes of calculating a quorum;

     (b) from and after the date hereof until the Expiration Date, vote (or cause to be
voted), or deliver a written consent (or cause a written consent to be delivered) covering
all of the Shares and any New Shares that such Seller Stockholder shall be entitled to so
vote: (i) in favor of adoption and approval of the Merger Agreement and to take other
actions necessary to support the consummation of the Merger; (ii) against any action,
proposal or agreement that, to the knowledge of Seller Stockholder, would reasonably be
expected to result in a breach of any covenant, representation or warranty of Seller under
the Merger Agreement or that would reasonably be expected to result in

 

 

any of the conditions to Seller’s obligations under the Merger Agreement not being
fulfilled; (iii) against any Acquisition Proposal, or any agreement, transaction, proposal
or other matter that is intended to, or would reasonably be expected to, impede, interfere
with, delay, postpone, discourage or adversely affect the consummation of the Merger and all
other transactions contemplated by the Merger Agreement; and (iv) against any material
change in the present capitalization of Seller or any amendment of the Certificate of
Incorporation or Bylaws.

     2. Expiration Date. As used in this Agreement, the term “Expiration Date”
shall mean the earliest to occur of (a) the Effective Time, (b) such date and time as the Merger
Agreement shall be terminated pursuant to its terms, or (c) upon mutual written agreement of the
parties hereto to terminate this Agreement. Upon termination or expiration of this Agreement, no
party shall have any further obligations or liabilities under this Agreement; provided,
however, such termination or expiration shall not relieve any party from liability for any
willful breach of this Agreement prior to termination hereof.

     3. Additional Purchases. Seller Stockholder agrees that any shares of capital stock
or other equity securities of Seller that Seller Stockholder purchases or with respect to which
Seller Stockholder otherwise acquires sole or shared voting power after the execution of this
Agreement and prior to the Expiration Date, whether by the exercise of any stock options or
otherwise (“New Shares”), shall be subject to the terms and conditions of this Agreement to
the same extent as if they constituted the Shares.

     4. Agreement to Retain Shares. From and after the date hereof until the Expiration
Date, Seller Stockholder shall not, directly or indirectly, (a) sell, assign, transfer, tender, or
otherwise dispose of (including, without limitation, by the creation of any Liens (as defined in
Section 5(c) below)) any Shares or New Shares, (b) deposit any Shares or New Shares into a voting
trust or enter into a voting agreement or similar arrangement with respect to such Shares or New
Shares or grant any proxy or power of attorney with respect thereto (other than this Agreement),
(c) enter into any contract, option, commitment or other arrangement or understanding with respect
to the direct or indirect sale, transfer, assignment or other disposition of (including, without
limitation, by the creation of any Liens) any Shares or New Shares or (d) take any action that
would make any representation or warranty of Seller Stockholder contained herein untrue or
incorrect or have the effect of preventing, impairing or disabling Seller Stockholder from
performing Seller Stockholder’s obligations under this Agreement. Notwithstanding the foregoing,
Seller Stockholder may make (a) transfers by will or by operation of law, in which case this
Agreement shall bind the transferee, (b) transfers in connection with estate and charitable
planning purposes, including transfers to relatives, trusts and charitable organizations, subject
to the transferee agreeing in writing to be bound by the terms of, and perform the obligations of
Seller Stockholder under, this Agreement and (c) as NewCo and Merger Sub may otherwise agree in
writing in their discretion.

     5. Representations and Warranties of Seller Stockholder. Seller Stockholder hereby
represents and warrants to NewCo and Merger Sub as follows:

     (a) Seller Stockholder has the full power and authority to execute and deliver this
Agreement and to perform Seller Stockholder’s obligations hereunder;

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     (b) this Agreement has been duly authorized, executed and delivered by or on behalf of
Seller Stockholder and, assuming this Agreement constitutes a valid and binding agreement of
NewCo and Merger Sub, constitutes a legal, valid and binding obligation of Seller
Stockholder, enforceable against Seller Stockholder in accordance with its terms, except as
enforcement may be limited by general principles of equity whether applied in a court of law
or a court of equity and by bankruptcy, insolvency and similar laws affecting creditors’
rights and remedies generally;

     (c) except as set forth on Schedule 1, Seller Stockholder beneficially owns the
number of Shares indicated opposite such Seller Stockholder’s name on Schedule 1,
and will own any New Shares, free and clear of any liens, claims, charges or other
encumbrances or restrictions of any kind whatsoever (“Liens”), and has sole, and
otherwise unrestricted, voting power with respect to such Shares or New Shares and none of
the Shares or New Shares is subject to any voting trust or other agreement, arrangement or
restriction with respect to the voting of the Shares or the New Shares, except as
contemplated by this Agreement;

     (d) Seller Stockholder does not beneficially own any securities of Seller except as set
forth on Schedule 1;

     (e) the execution and delivery of this Agreement by Seller Stockholder does not, and
the performance by Seller Stockholder of his or her obligations hereunder and the compliance
by Seller Stockholder with any provisions hereof will not, violate or conflict with, result
in a material breach of or constitute a default (or an event that with notice or lapse of
time or both would become a material default) under, or give to others any rights of
termination, amendment, acceleration or cancellation of, or result in the creation of any
Liens on any Shares or New Shares pursuant to, any agreement, instrument, note, bond,
mortgage, contract, lease, license, permit or other obligation or any order, arbitration
award, judgment or decree to which Seller Stockholder is a party or by which Seller
Stockholder is bound, or any law, statute, rule or regulation to which Seller Stockholder is
subject or, in the event that Seller Stockholder is a corporation, partnership, trust or
other entity, any bylaw or other organizational document of Seller Stockholder; and

     (f) the execution and delivery of this Agreement by Seller Stockholder does not, and
the performance of this Agreement by Seller Stockholder does not and will not, require any
consent, approval, authorization or permit of, or filing with or notification to, any
governmental or regulatory authority by Seller Stockholder except for applicable
requirements, if any, of the Exchange Act, and except where the failure to obtain such
consents, approvals, authorizations or permits, or to make such filings or notifications,
would not prevent or delay the performance by Seller Stockholder of his or her obligations
under this Agreement in any material respect.

     6. Irrevocable Proxy. Subject to the penultimate sentence of this Section 6, by
execution of this Agreement, Seller Stockholder does hereby appoint NewCo with full power of
substitution and resubstitution, as Seller Stockholder’s true and lawful attorney and irrevocable
proxy, to the fullest extent of the undersigned’s rights with respect to the Shares and New Shares,

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if any, to vote each of such Shares and New Shares, if any, solely with respect to the matters
set forth in Section 1 hereof. NewCo may exercise the irrevocable proxy granted to it hereunder at
any time only if Seller Stockholder fails to comply with or breaches any of the provisions of this
Agreement. Seller Stockholder intends this proxy to be irrevocable and coupled with an interest
hereunder until the Expiration Date and hereby revokes any proxy previously granted by Seller
Stockholder with respect to the Shares, and New Shares, if any. This irrevocable proxy shall
survive death, disability, incompetency or bankruptcy of Seller Stockholder. Seller Stockholder
affirms that the irrevocable proxy is given in connection with, and in consideration of, the
execution of the Merger Agreement and that such irrevocable proxy is given to NewCo by Seller
Stockholder to secure the performance of the duties of the Seller Stockholder under this Agreement.
Seller Stockholder agrees not to grant any subsequent proxies to or enter into any agreement with
any person to vote or give voting instructions with respect to the Shares or New Shares in any
manner inconsistent with the terms of this irrevocable proxy until after the Expiration Date.
Notwithstanding anything contained herein to the contrary, this irrevocable proxy shall
automatically terminate upon the Expiration Date of this Agreement. Seller Stockholder hereby
revokes any proxies or powers of attorney previously granted with respect to the Shares and New
Shares and represents that none of such previously-granted proxies or powers of attorney is
irrevocable.

     7. No Solicitation. From and after the date hereof until the Expiration Date, Seller
Stockholder shall not, directly or indirectly, (i) initiate, solicit, or knowingly encourage or
knowingly facilitate the submission of any inquiry, indication of interest, proposal or offer that
constitutes, or would reasonably be expected to lead to, an Acquisition Proposal, (ii) participate
in any discussions or negotiations regarding, or furnish any non-public information to any Person
in connection with, an Acquisition Proposal, (iii) enter into any letter of intent or agreement
related to an Acquisition Proposal, (iv) approve or recommend an Acquisition Proposal or (v) make,
or participate in, a “solicitation” of “proxies” or consents (as such terms are used in the rules
of the Securities and Exchange Commission) in opposition to the adoption and approval of the Merger
Agreement, the Merger and the other transactions contemplated by the Merger Agreement. In the
event that Seller Stockholder is a corporation, partnership, trust or other entity, it shall not
permit any of its Subsidiaries or Affiliates to, nor shall it authorize any officer, director or
representative of Stockholder, or any of its Subsidiaries or Affiliates to, undertake any of the
actions contemplated by this Section 7.

     8. Waiver of Appraisal Rights. Seller Stockholder hereby waives, and agrees not to
exercise or assert, any appraisal rights under applicable law, including Section 262 of the DGCL in
connection with the Merger.

     9. No Limitation on Discretion of Seller Stockholder as Director or Fiduciary.
Notwithstanding anything herein to the contrary, the covenants and agreements set forth herein
shall not prevent Seller Stockholder, if Seller Stockholder is serving on the Seller Board, from
exercising his or her duties and obligations as a director of Seller or otherwise taking any
action, subject to the applicable provisions of the Merger Agreement, while acting in such capacity
as a director of Seller, and no such action taken (or omitted to be taken) by Seller Stockholder
shall be deemed to constitute a breach or default under any provision of this Agreement. Seller
Stockholder is executing this Agreement solely in his, her or its capacity as a stockholder and

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nothing herein shall limit or in any way affect any actions taken (or omissions to take any
action) by Seller Stockholder in his or her capacity as a director, officer, employee or fiduciary
of Seller.

     10. Specific Enforcement; Other Remedies. The parties hereto agree that irreparable
damage would occur in the event any provision of this Agreement was not performed in accordance
with the terms hereof or was otherwise breached. It is accordingly agreed that the parties shall
be entitled to seek specific relief hereunder, including, without limitation, an injunction or
injunctions to prevent and enjoin breaches of the provisions of this Agreement and to enforce
specifically the terms and provisions hereof, in any state or federal court in any competent
jurisdiction, in addition to any other remedy to which they may be entitled at law or in equity.
Any requirements for the securing or posting of any bond with respect to any such remedy are hereby
waived. Any and all remedies herein expressly conferred upon a party shall be deemed cumulative
with and not exclusive of any other remedy conferred hereby, or by law or equity upon such party,
and the exercise by a party of any remedy will not preclude the exercise of any other remedy and
nothing in this Agreement shall be deemed a waiver by any party of any right to specific
performance or injunctive relief.

     11. Further Assurances. Seller Stockholder shall, from time to time, execute and
deliver, or cause to be executed and delivered, such additional or further consents, documents and
other instruments as NewCo, Merger Sub or Seller may reasonably request for the purpose of
effectively carrying out the transactions contemplated by this Agreement and the Merger Agreement.

     12. Notice. All notices and other communications hereunder shall be in writing and
shall be deemed given if delivered personally or sent by overnight courier (providing proof of
delivery) or by facsimile transmission (providing confirmation of transmission) to NewCo, Merger
Sub or Seller, as the case may be, in accordance with Section 9.3 of the Merger Agreement and to
each Seller Stockholder at its address set forth on Schedule 1 attached hereto (or at such
other address for a party as shall be specified by like notice).

     13. Severability. If any term or other provision of this Agreement is determined to
be invalid, illegal or incapable of being enforced by any rule of law or public policy, all other
conditions and provisions of this Agreement shall nevertheless remain in full force and effect.
Upon such determination that any term or other provision is invalid, illegal or incapable of being
enforced, the parties hereto shall negotiate in good faith to modify this Agreement so as to effect
the original intent of the parties as closely as possible to the fullest extent permitted by
applicable law in an acceptable manner to the end that the transactions contemplated hereby are
fulfilled to the extent possible.

     14. Binding Effect and Assignment. This Agreement shall be binding upon, and inure to
the benefit of, the respective parties and their permitted successors, assigns, heirs, executors,
administrators and other legal representatives, as the case may be. This Agreement may not be
assigned by any party hereto without the prior written consent of the other parties hereto.

     15. No Third Party Beneficiaries. This Agreement is not intended, and shall not be
deemed, to confer any rights or remedies upon any person other than the parties hereto and their

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respective successors and permitted assigns, to create any agreement of employment with any
person or to otherwise create any third-party beneficiary hereto.

     16. No Waivers. No waivers of any breach of this Agreement extended by NewCo or
Merger Sub to Seller Stockholder shall be construed as a waiver of any rights or remedies of NewCo
or Merger Sub, as applicable, with respect to any other stockholder of Seller who has executed an
agreement substantially in the form of this Agreement with respect to Shares held or subsequently
held by such stockholder or with respect to any subsequent breach of Seller Stockholder or any
other such stockholder of Seller. No waiver of any provisions hereof by any party shall be deemed
a waiver of any other provisions hereof by any such party, nor shall any such waiver be deemed a
continuing waiver of any provision hereof by such party.

     17. Governing Law; Jurisdiction and Venue; WAIVER OF JURY TRIAL. This Agreement shall
be governed by and construed in accordance with the laws of the State of Delaware without regard to
its rules of conflict of laws. Each of the parties hereto (a) consents to submit itself to the
exclusive personal jurisdiction of the Delaware Courts in any action or proceeding arising out of
or relating to this Agreement or any of the transactions contemplated by this Agreement, (b) agrees
that all claims in respect of such action or proceeding may be heard and determined in any such
court, (c) agrees that it will not attempt to deny or defeat such personal jurisdiction by motion
or other request for leave from any such court, and (d) agrees not to bring any action or
proceeding arising out of or relating to this Agreement or any of the transactions contemplated by
this Agreement in any other court. Each of the parties hereto waives any defense of inconvenient
forum to the maintenance of any action or proceeding so brought and waives any bond, surety or
other security that might be required of any other party with respect thereto. To the extent
permitted by applicable law, any party hereto may make service on another party by sending or
delivering a copy of the process to the party to be served at the address and in the manner
provided for the giving of notices in Section 9.3 of the Merger Agreement. Nothing in this Section
17, however, shall affect the right of any party to serve legal process in any other manner
permitted by law. EACH OF THE PARTIES HERETO HEREBY IRREVOCABLY WAIVES ALL RIGHTS TO TRIAL BY JURY
IN ANY ACTION, PROCEEDING OR COUNTERCLAIM (WHETHER BASED ON CONTRACT, TORT OR OTHERWISE) ARISING
OUT OF OR RELATING TO THIS AGREEMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY OR THE ACTIONS OF THE
PARTIES HERETO IN THE NEGOTIATION, ADMINISTRATION, PERFORMANCE AND ENFORCEMENT HEREOF.

     18. No Agreement Until Executed. Irrespective of negotiations among the parties or
the exchanging of drafts of this Agreement, this Agreement shall not constitute or be deemed to
evidence a contract, agreement, arrangement or understanding between the parties hereto unless and
until (a) the Seller Board has approved, for purposes of any applicable anti-takeover laws and
regulations and any applicable provision of the Seller Certificate of Incorporation, the
transactions contemplated by the Merger Agreement, (b) the Merger Agreement is executed by all
parties thereto, and (c) this Agreement is executed by all parties hereto.

     19. Entire Agreement; Amendment. This Agreement supersedes all prior agreements,
written or oral, among the parties hereto with respect to the subject matter hereof and contains
the entire agreement among the parties with respect to the subject matter hereof. This

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Agreement may not be amended, supplemented or modified, and no provisions hereof may be
modified or waived, except by an instrument in writing signed by each party hereto.

     20. Effect of Headings. The section headings herein are for convenience only and
shall not affect the construction of interpretation of this Agreement.

     21. Definition of Merger Agreement. For purposes of this Agreement, the term
“Merger Agreement” may include such agreement as amended or modified as long as such
amendments or modifications do not change the form of consideration or reduce the Merger
Consideration in either case in a manner adverse to Seller Stockholder.

     22. Counterparts. This Agreement may be executed in one or more counterparts, each of
which will be deemed an original but all of which together shall constitute one and the same
instrument.

     23. Disclosure. Seller Stockholder shall permit NewCo, Merger Sub and Seller to
publish and disclose in all documents and schedules filed with the SEC, and any press release or
other disclosure document that NewCo and Merger Sub determines to be necessary or desirable in
connection with the Merger and any transactions contemplated by the Merger, the Seller
Stockholder’s identity and ownership of Shares and New Shares and the nature of Seller
Stockholder’s commitments, arrangements and understandings under this Agreement. Seller
Stockholder agrees to notify as promptly as practicable NewCo or Merger Sub of any required
corrections with respect to any written information supplied by Seller Stockholder specifically for
use in any such disclosure document.

[Remainder of Page has Intentionally Been Left Blank]

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     EXECUTED as of the date first above written.

	 	 	 	 	 
	 	FCB I HOLDINGS INC.

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 
	 	FCB I ACQUISITION CORP.

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 

 

 

	 	 	 	 	 

	 	 	 	 	 
	 	SELLER STOCKHOLDER

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 

 

 

Schedule of Signatories

FCB I Holdings Inc.

FCB I Acquisition Corp.

Each of:

Nils Bergenhem

James R. Murphy

Robert D. Prentiss

Robert P. Hebert

Paul McCollum

John W. Spiegel

Lance Berman

Michael McGovern

John A. Sedor

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00182-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00182-of-00352.parquet"}]]