SECOND AMENDMENT TO RIGHTS AGREEMENT
SECOND AMENDMENT TO RIGHTS AGREEMENT
THIS SECOND AMENDMENT TO RIGHTS AGREEMENT (the Amendment) is made and entered into as of February 4, 2014 by and between BIOLASE, INC., a Delaware corporation (the Company), and COMPUTERSHARE, INC., a Delaware corporation, as successor to U.S. Stock Transfer Corporation, a California corporation (the Rights Agent).
WHEREAS, the Company and the Rights Agent entered into a Rights Agreement dated as of December 31, 1998 (the Agreement); and
WHEREAS, the Company desires to amend the Agreement;
NOW, THEREFORE, for good consideration, the adequacy of which is hereby acknowledged, the Company hereby agrees to amend the Agreement in accordance with the approval of the Board of the Directors as required by Section 27 thereof as follows:
1. | Section 1 is hereby amended by replacing 15% Ownership Date with 20% Ownership Date. All references in the Agreement to 15% Ownership Date shall be amended and replaced with 20% Ownership Date. |
2. | Section 1 is hereby amended by replacing 15% Stockholder with 20% Stockholder. All references in the Agreement to 15% Stockholder shall be amended and replaced with 20% Stockholder. |
3. | Exhibit A to the Agreement is amended by replacing 15% Stockholder with 20% Stockholder. All references in Exhibit A to 15% Stockholder shall be amended and replaced with 20% Stockholder. |
Except as modified hereby, the Agreement is reaffirmed in all respects, and all references therein to the Agreement shall mean the Agreement, as modified hereby.
[Signature page follows]
IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be duly executed as of the date first written above.
BIOLASE, INC. | ||
By: | /s/ Federico Pignatelli | |
Name: Federico Pignatelli | ||
Title: Chief Executive Officer |