Document:

exv10w13

 

EXHIBIT 10.13

JOINDER AGREEMENT

     Pacific Asset Partners, LLC (the “undersigned”) is executing and delivering this Joinder
Agreement (this “Agreement”) pursuant to Section 10(h)(2) of that certain Note Purchase Agreement,
dated as of December 29, 2006, by and among Berliner Communications, Inc. (“Berliner”) and certain
investors set forth in Schedule A attached thereto (the “Note Purchase Agreement”). Capitalized
terms used but not otherwise defined herein shall have the meanings ascribed to them in the Note
Purchase Agreement.

RECITALS

     WHEREAS, the undersigned desires to purchase a Note in the principal amount of $1,000,000 and
warrants to purchase 500,000 shares of Common Stock; and

     WHEREAS, the undersigned desires to enter into this Agreement to become, for all purposes, a
Buyer and an Investor under the Note Purchase Agreement and to thereby evidence its intention to
agree to be bound by the terms of the Note Purchase Agreement as if it were an original party
thereto.

AGREEMENT

     In consideration of the premises, the agreements herein contained and other good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged, the undersigned agrees
as follows:

     1. The undersigned hereby acknowledges, agrees, and confirms that upon execution and delivery
of this Agreement, the undersigned (and any successor in interest thereto) shall irrevocably become
and be deemed to be a “Buyer” and an “Investor” under the Note Purchase Agreement and shall have
all of the obligations, rights and benefits of a “Buyer” and an “Investor” (as such terms are
defined and used in the Note Purchase Agreement) for all purposes under the Note Purchase
Agreement. The undersigned shall further be deemed to be a secured party pursuant to the Security
Agreement and a beneficiary under the Guaranty, and shall have all the obligations, rights and
benefits as such under such agreements.

     2. The undersigned hereby acknowledges, agrees, and confirms that upon execution and delivery
of this Agreement, the undersigned (or any successor in interest thereto) shall not be entitled to
any obligations, rights or benefits expressly provided to Sigma Opportunity Fund, LLC or its
affiliates (“Sigma”), in their individual capacity, under the Note Purchase Agreement.

     3. The undersigned hereby acknowledges, agrees, and confirms that upon execution and delivery
of this Agreement, all representations and warranties made by Berliner under the Note Purchase
Agreement speak as of the date of execution of the Note Purchase Agreement, or such other date as
expressly set forth therein.

Joinder Agreement

 

     4. The undersigned hereby acknowledges, agrees, and confirms that upon execution and
delivery of this Agreement, all representations and warranties made by the undersigned as a “Buyer”
under the Note Purchase Agreement speak as of the date of execution of this Agreement.

     5. The undersigned represents and warrants that it has fully reviewed and understands the Note
Purchase Agreement and acknowledges that it is not being, and has not been, represented by legal
counsel for Berliner or Sigma. The undersigned further acknowledges that it has been advised to
seek legal counsel independent of any party to the Note Purchase Agreement before executing this
Agreement, and represents that independent legal counsel has been consulted to the extent deemed
necessary by the undersigned or its duly authorized representatives.

     6. (a) The undersigned hereby irrevocably designates Sigma Opportunity Fund, LLC as
collateral agent (the “Collateral Agent”) for the ratable benefit of the holders of the Notes and
Other Notes, with full authority in the place and stead of the undersigned and in the name of the
undersigned, from time to time in the Collateral Agent’s discretion, to take any action and to
execute any instrument which the Collateral Agent may deem necessary or advisable or required by
applicable law to perfect and protect the security interest granted by the Security Agreement or to
enable the undersigned to exercise and enforce its rights and remedies under the Security Agreement
with respect to any of the collateral thereunder. Without limiting the generality of the
foregoing, the Collateral Agent may execute and file such financing or continuation statements, or
amendments thereto, and such other instruments or notices as may be necessary or advisable or
required by applicable law or that the Collateral Agent may reasonably request to protect and
preserve the security interests granted by the Security Agreement, without the signature of the
undersigned. The Collateral Agent may perform any of its duties hereunder by and through its
agents or employees. The undersigned authorizes the Collateral Agent to execute on its behalf any
intercreditor agreement the Collateral Agent enters into with any senior lender permitted pursuant
to the terms of the Note Purchase Agreement or the Note.

     (b) The undersigned shall not have the right to cause the Collateral Agent to take any action
with respect to the collateral, with only the holders of a majority interest of the Notes (the
“Majority Holders”) having the right to direct the Collateral Agent to take any such action. If
the Collateral Agent shall request instructions from the Majority Holders with respect to any act
or action (including failure to act), the Collateral Agent shall be entitled to refrain from such
act or taking such action unless and until it shall have received instructions from the Majority
Holders, and to the extent requested, appropriate indemnification in respect of actions to be taken
by the Collateral Agent; and the Collateral Agent shall not incur liability to any Person by reason
of so refraining. Without limiting the foregoing, the undersigned shall not have any right of
action whatsoever against the Collateral Agent as a result of the Collateral Agent acting or
refraining from acting hereunder in accordance with the instructions of the Majority Holders or as
otherwise specifically provided in the Agreement.

     (c) The Collateral Agent shall have no duties or responsibilities except those expressly set
forth in this Agreement. Neither the Collateral Agent nor any of its members, managers, employees
or agents shall be liable for any action taken or omitted by it or them as such pursuant to this
Agreement or in connection herewith, unless caused by its or their gross

Joinder Agreement

 

negligence or willful misconduct. The duties of the Collateral Agent shall be mechanical and administrative in nature
and the Collateral Agent shall not have a fiduciary relationship in respect of the undersigned.
Nothing in this Agreement, expressed or implied, shall be construed as to impose upon the
Collateral Agent any obligation except as expressly set forth herein. Neither the Collateral Agent
nor any of its members, managers, employees or agents shall be liable for any act it or they may do
or omit to do while acting in good faith and in the exercise of its or their own best judgment.
The Collateral Agent shall have the right at any time to consult with counsel on any question
arising pursuant hereto and any act taken or omitted to be taken in reliance upon advice of counsel
shall conclusively be deemed to have been done or omitted in good faith. The Collateral Agent
shall incur no liability for any delay reasonably required to obtain the advice of counsel.

     (d) The authority granted hereunder to the Collateral Agent shall continue and remain in full
force and effect so long as the Senior Subordinated Secured Convertible Promissory Note issued by
Berliner to the undersigned is outstanding and unpaid.

     7. The undersigned further agrees to execute any and all additional documents, instruments or
certificates, including, without limitation, a counterpart signature page to the Note Purchase
Agreement, that Berliner may reasonably request be executed in order for the undersigned to become
a party to the Note Purchase Agreement.

     8. This Agreement may be signed and delivered by facsimile signature and in any number of
counterparts, each of which shall be deemed an original, but all of which together shall constitute
one instrument.

     9. This Agreement shall be governed by, and construed and interpreted in accordance with, the
laws of the State of New York, without regard to the principles of conflicts of laws thereof.

[Signature Page Follows]

Joinder Agreement

 

     IN WITNESS WHEREOF, the undersigned has caused this Joinder Agreement to be executed as of the
2nd day of February, 2007.

	 	 	 	 	 
	 	PACIFIC ASSET PARTNERS, LLC

 	 
	 	By:  	/s/ Robert M. Stafford
 	 
	 	 	Name:  	Robert M. Stafford 	 
	 	 	Title:  	General Partner 	 
	 

Agreed as to Section 6

SIGMA OPPORTUNITY FUND, LLC

By: Sigma Capital Advisors, managing member

	 	 	 	 	 
	 	 	 
	By:  	/s/ Thom Waye
 	 	 
	 	Thom Waye 	 	 
	 	Manager 	 	 
	 

ACKNOWLEDGED AND AGREED:

	 	 	 	 	 
	BERLINER COMMUNICATIONS, INC.

 	 	 
	By:  	/s/ Rich Berliner
 	 	 
	 	Name:  	Rich Berliner 	 	 
	 	Title:  	Chief Executive Officer 	 	 
	 

	 	 	 	 	 
	BCI COMMUNICATIONS, INC.

 	 	 
	By:  	/s/ Rich Berliner
 	 	 
	 	Name:  	Rich Berliner 	 	 
	 	Title:  	Chief Executive Officer 	 	 

Joinder Agreementexv10w14

 

EXHIBIT 10.14

JOINDER AGREEMENT

     Operis Partners I LLC (the “undersigned”) is executing and delivering this Joinder Agreement
(this “Agreement”) pursuant to Section 10(h)(2) of that certain Note Purchase Agreement, dated as
of December 29, 2006, by and among Berliner Communications, Inc. (“Berliner”) and certain investors
set forth in Schedule A attached thereto (the “Note Purchase Agreement”). Capitalized terms used
but not otherwise defined herein shall have the meanings ascribed to them in the Note Purchase
Agreement.

RECITALS

     WHEREAS, the undersigned desires to purchase a Note in the principal amount of $500,000 and
warrants to purchase 250,000 shares of Common Stock; and

     WHEREAS, the undersigned desires to enter into this Agreement to become, for all purposes, a
Buyer and an Investor under the Note Purchase Agreement and to thereby evidence its intention to
agree to be bound by the terms of the Note Purchase Agreement as if it were an original party
thereto.

AGREEMENT

     In consideration of the premises, the agreements herein contained and other good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged, the undersigned agrees
as follows:

     1. The undersigned hereby acknowledges, agrees, and confirms that upon execution and delivery
of this Agreement, the undersigned (and any successor in interest thereto) shall irrevocably become
and be deemed to be a “Buyer” and an “Investor” under the Note Purchase Agreement and shall have
all of the obligations, rights and benefits of a “Buyer” and an “Investor” (as such terms are
defined and used in the Note Purchase Agreement) for all purposes under the Note Purchase
Agreement. The undersigned shall further be deemed to be a secured party pursuant to the Security
Agreement and a beneficiary under the Guaranty, and shall have all the obligations, rights and
benefits as such under such agreements.

     2. The undersigned hereby acknowledges, agrees, and confirms that upon execution and delivery
of this Agreement, the undersigned (or any successor in interest thereto) shall not be entitled to
any obligations, rights or benefits expressly provided to Sigma Opportunity Fund, LLC or its
affiliates (“Sigma”), in their individual capacity, under the Note Purchase Agreement.

     3. The undersigned hereby acknowledges, agrees, and confirms that upon execution and delivery
of this Agreement, all representations and warranties made by Berliner under the Note Purchase
Agreement speak as of the date of execution of the Note Purchase Agreement, or such other date as
expressly set forth therein.

Joinder Agreement

 

     4. The undersigned hereby acknowledges, agrees, and confirms that upon execution and delivery
of this Agreement, all representations and warranties made by the undersigned as a “Buyer” under
the Note Purchase Agreement speak as of the date of execution of this Agreement.

     5. The undersigned represents and warrants that it has fully reviewed and understands the Note
Purchase Agreement and acknowledges that it is not being, and has not been, represented by legal
counsel for Berliner or Sigma. The undersigned further acknowledges that it has been advised to
seek legal counsel independent of any party to the Note Purchase Agreement before executing this
Agreement, and represents that independent legal counsel has been consulted to the extent deemed
necessary by the undersigned or its duly authorized representatives.

     6. (a) The undersigned hereby irrevocably designates Sigma Opportunity Fund, LLC as
collateral agent (the “Collateral Agent”) for the ratable benefit of the holders of the Notes and
Other Notes, with full authority in the place and stead of the undersigned and in the name of the
undersigned, from time to time in the Collateral Agent’s discretion, to take any action and to
execute any instrument which the Collateral Agent may deem necessary or advisable or required by
applicable law to perfect and protect the security interest granted by the Security Agreement or to
enable the undersigned to exercise and enforce its rights and remedies under the Security Agreement
with respect to any of the collateral thereunder. Without limiting the generality of the
foregoing, the Collateral Agent may execute and file such financing or continuation statements, or
amendments thereto, and such other instruments or notices as may be necessary or advisable or
required by applicable law or that the Collateral Agent may reasonably request to protect and
preserve the security interests granted by the Security Agreement, without the signature of the
undersigned. The Collateral Agent may perform any of its duties hereunder by and through its
agents or employees. The undersigned authorizes the Collateral Agent to execute on its behalf any
intercreditor agreement the Collateral Agent enters into with any senior lender permitted pursuant
to the terms of the Note Purchase Agreement or the Note.

     (b) The undersigned shall not have the right to cause the Collateral Agent to take any action
with respect to the collateral, with only the holders of a majority interest of the Notes (the
“Majority Holders”) having the right to direct the Collateral Agent to take any such action. If
the Collateral Agent shall request instructions from the Majority Holders with respect to any act
or action (including failure to act), the Collateral Agent shall be entitled to refrain from such
act or taking such action unless and until it shall have received instructions from the Majority
Holders, and to the extent requested, appropriate indemnification in respect of actions to be taken
by the Collateral Agent; and the Collateral Agent shall not incur liability to any Person by reason
of so refraining. Without limiting the foregoing, the undersigned shall not have any right of
action whatsoever against the Collateral Agent as a result of the Collateral Agent acting or
refraining from acting hereunder in accordance with the instructions of the Majority Holders or as
otherwise specifically provided in the Agreement.

     (c) The Collateral Agent shall have no duties or responsibilities except those expressly set
forth in this Agreement. Neither the Collateral Agent nor any of its members, managers, employees
or agents shall be liable for any action taken or omitted by it or them as such pursuant to this
Agreement or in connection herewith, unless caused by its or their gross

Joinder Agreement

 

negligence or willful misconduct. The duties of the Collateral Agent shall be mechanical and
administrative in nature and the Collateral Agent shall not have a fiduciary relationship in
respect of the undersigned. Nothing in this Agreement, expressed or implied, shall be construed as
to impose upon the Collateral Agent any obligation except as expressly set forth herein. Neither
the Collateral Agent nor any of its members, managers, employees or agents shall be liable for any
act it or they may do or omit to do while acting in good faith and in the exercise of its or their
own best judgment. The Collateral Agent shall have the right at any time to consult with counsel
on any question arising pursuant hereto and any act taken or omitted to be taken in reliance upon
advice of counsel shall conclusively be deemed to have been done or omitted in good faith. The
Collateral Agent shall incur no liability for any delay reasonably required to obtain the advice of
counsel.

     (d) The authority granted hereunder to the Collateral Agent shall continue and remain in full
force and effect so long as the Senior Subordinated Secured Convertible Promissory Note issued by
Berliner to the undersigned is outstanding and unpaid.

     7. The undersigned further agrees to execute any and all additional documents, instruments or
certificates, including, without limitation, a counterpart signature page to the Note Purchase
Agreement, that Berliner may reasonably request be executed in order for the undersigned to become
a party to the Note Purchase Agreement.

     8. This Agreement may be signed and delivered by facsimile signature and in any number of
counterparts, each of which shall be deemed an original, but all of which together shall constitute
one instrument.

     9. This Agreement shall be governed by, and construed and interpreted in accordance with, the
laws of the State of New York, without regard to the principles of conflicts of laws thereof.

[Signature Page Follows]

Joinder Agreement

 

     IN WITNESS WHEREOF, the undersigned has caused this Joinder Agreement to be executed as of the
2nd day of February, 2007.

	 	 	 	 	 
	 	OPERIS PARTNERS I LLC, a Delaware limited liability company

 	 
	 	By:  	/s/ Lior Avneri
 	 
	 	 	Name:  	Lior Avneri 	 
	 	 	Title:  	Managing Member 	 
	 

Agreed as to Section 6

SIGMA OPPORTUNITY FUND, LLC

By: Sigma Capital Advisors, managing member

	 	 	 	 	 
	 	 	 
	By:  	/s/ Thom Waye
 	 	 
	 	Thom Waye  	 	 
	 	 	Manager 	 	 
	 

ACKNOWLEDGED AND AGREED:

	 	 	 	 	 
	BERLINER COMMUNICATIONS, INC.

 	 	 
	By:  	/s/ Rich Berliner
 	 	 
	 	Name:  	Rich Berliner 	 	 
	 	Title:  	Chief Financial Officer 	 	 
	 
	BCI COMMUNICATIONS, INC.

 	 	 
	By:  	/s/ Rich Berliner
 	 	 
	 	Name:  	Rich Berliner 	 	 
	 	Title:  	Chief Financial Officer 	 	 

Joinder Agreement

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