AMENDMENT NO. 1 TO FOURTH AMENDED AND RESTATEDSTOCKHOLDERS AGREEMENT

EX-4.1.2 3 a05-5983_1ex4d1d2.htm EX-4.1.2

Exhibit 4.1.2

 

AMENDMENT NO. 1 TO

FOURTH AMENDED AND RESTATED STOCKHOLDERS AGREEMENT

 

This Amendment No. 1 (the “Amendment”) to the Fourth Amended and Restated Stockholders Agreement (the “Agreement”), dated as of June 27, 2002, by and among Eschelon Telecom, Inc., a Delaware corporation (the “Company”), certain holders of the Company’s Series A Preferred Stock, par value $0.01 per share, certain holders of the Company’s common stock, par value $0.01 per share, and certain individuals identified on the schedule of minority stockholders attached to the Agreement, is made as of December 23, 2004, and amends the Agreement, pursuant to Section 12.2 of the Agreement, to the extent expressly set forth herein.  All capitalized terms not otherwise defined herein shall have the meanings ascribed thereto in the Agreement.

 

1.             A new Section 16 shall be added to the Agreement and shall state as follows:

 

The holders of the Company’s Series B Preferred Stock, par value $0.01 per share (the “Series B Preferred Stock”), identified on the Schedule of Series B Holders attached hereto and such other holders of Series B Preferred Stock who from time to time become a party hereto by executing a counterpart signature page (each, a “Series B Holder” and together the “Series B Holders”), with each Series B Holder’s respective number of shares of Series B Preferred Stock (“Series B Shares”) listed thereon, shall be deemed parties to this Agreement and shall have the same rights and obligations as Series A Holders with respect to Section 3 (“Tag Along” and “Drag Along” Rights), Section 4 (Transfer Rights), Section 6 (Preemptive Rights), Section 7 (Registration Rights), Section 9 (Certain Issuances and Transfers, Etc.), Section 10 (Remedies) and Section 11 (Legends) of the Agreement as if their Series B Shares were Series A Shares.  For the purposes of the Agreement, the Series B Shares shall be considered Shares and shall vote with the Series A Shares in order to determine actions taken by the Majority Series A Holders, with each Series A Share and each Series B Share carrying the right to cast one vote.

 

2.             This Amendment will become effective simultaneously with the “Closing” as that term is defined in the Series B Preferred Stock Purchase Agreement, dated as of December 23, 2004, by and among the Company and each of the persons listed on the schedule of purchasers attached thereto.

 

3.             Except as modified or supplemented by this Amendment, each of the terms of the Agreement remain unmodified and in full force and effect.

 


 

IN WITNESS WHEREOF, each of the undersigned has duly executed this Amendment as of the date first above written.

 

 

BAIN CAPITAL FUND VI, L.P.

 

By:

  Bain Capital Partners VI, L.P., its general partner

 

By:

  Bain Capital Investors , LLC, its general partner

 

 

 

 

 

 

 

By:

  /s/ Ian Loring

 

 

Name:

Ian Loring

 

 

Title:

Managing Director

 

 

 

 

 

 

 

 

 

 

BCIP ASSOCIATES II

 

BCIP ASSOCIATES II-B

 

BCIP ASSOCIATES II-C

 

By:

  Bain Capital Investors, LLC, their managing partner

 

 

 

 

 

 

 

By:

  /s/ Ian Loring

 

 

Name:

Ian Loring

 

 

Title:

Managing Director

 


 

 

 

PEP INVESTMENTS PTY. LIMITED

 

By:

  Bain Capital Investors, LLC, its attorney-in-fact

 

 

 

 

 

 

 

By:

  /s/ Ian Loring

 

 

Name:

Ian Loring

 

 

Title:

Managing Director

 

 

 

 

 

 

 

RGIP, LLC

 

 

 

 

 

 

 

  /s/ R. Bradford Malt

 

Name:

R. Bradford Malt

 

Title:

Managing Member

 

 

 

 

 

 

 

RANDOLPH STREET PARTNERS IV

 

 

 

 

 

 

 

  /s/ Matthew Sternmetz

 

Name:

Matthew Sternmetz

 

Title:

Partner

 


 

 

WIND POINT PARTNERS IV, L.P.

 

By:

  Wind Point Investor IV, L.P., as General Partner

 

By:

  Wind Point Advisor, L.L.C., as General partner

 

 

 

 

 

 

 

By:

  /s/ James P. TenBroeck

 

 

Name:

James P. TenBroeck

 

 

Title:

Managing Member

 

 

 

 

 

By:

  /s/ James E. Forrest

 

 

Name:

James E. Forrest

 

 

Title:

Managing Member

 

 

 

 

 

 

 

WIND POINT IV EXECUTIVE ADVISOR
PARTNERS, L.P.

 

By:

  Wind Point Investor IV, L.P., as General Partner

 

By:

  Wind Point Advisor, L.L.C., as General partner

 

 

 

 

 

 

 

By:

  /s/ James P. TenBroeck

 

 

Name:

James P. TenBroeck

 

 

Title:

Managing Member

 

 

 

 

By:

  /s/ James E. Forrest

 

 

Name:

James E. Forrest

 

 

Title:

Managing Member

 

 

 

 

 

 

 

WIND POINT ASSOCIATES IV, L.L.C.

 

By:

  Wind Point Investor IV, L.P., as General Partner

 

By:

  Wind Point Advisor, L.L.C., as General partner

 

 

 

 

 

 

 

By:

  /s/ James P. TenBroeck

 

 

Name:

James P. TenBroeck

 

 

Title:

Managing Member

 

 

 

 

 

By:

  /s/ James E. Forrest

 

 

Name:

James E. Forrest

 

 

Title:

Managing Member

 


 

 

STOLBERG, MEEHAN & SCANO II, L.P.

 

By:

  Stolberg, Meehan & Scano, L.L.C., General Partner

 

 

 

 

 

 

 

By:

  /s/ Peter VanGenderen

 

 

Name:

Peter VanGenderen

 

 

Title:

Authorized Representative

 

 

 

 

SMS II-A, L.P.

 

By:

  Stolberg, Meehan & Scano, L.L.C., General Partner

 

 

 

 

 

 

 

By:

  /s/ Peter VanGenderen

 

 

Name:

Peter VanGenderen

 

 

Title:

Authorized Representative

 


 

 

 

YALE UNIVERSITY

 

 

 

 

 

 

 

By:

  /s/ David F. Swensen

 

 

Name:

David F. Swensen

 

 

Title:

Chief Investment Officer

 


 

 

ESCHELON TELECOM, INC.

 

 

 

 

 

By:

  /s/ Richard A. Smith

 

 

Name:

Richard A. Smith

 

 

Title:

President & CEO

 


 

SCHEDULE OF SERIES B HOLDERS

 

Names and Addresses

 

No. of Shares of
Series B Preferred Stock

 

Bain Capital Fund VI, L.P.

 

7,634 ###-###-####

 

111 Huntington Avenue

 

 

 

Boston, MA 02199

 

 

 

Attn:

 

 

 

 

 

 

 

BCIP Associates II

 

1,231,036.0000

 

111 Huntington Avenue

 

 

 

Boston, MA 02199

 

 

 

Attn:

 

 

 

 

 

 

 

BCIP Associates II-B

 

337 ###-###-####

 

111 Huntington Avenue

 

 

 

Boston, MA 02199

 

 

 

Attn:

 

 

 

 

 

 

 

BCIP Associates II-C

 

396 ###-###-####

 

111 Huntington Avenue

 

 

 

Boston, MA 02199

 

 

 

Attn:

 

 

 

 

 

 

 

RGIP, LLC

 

98 ###-###-####

 

111 Huntington Avenue

 

 

 

Boston, MA 02199

 

 

 

Attn:

 

 

 

 

 

 

 

Randolph Street Partners IV

 

98 ###-###-####

 

200 East Randolph Drive

 

 

 

Chicago, IL 60601

 

 

 

Attn:

 

 

 

 

 

 

 

PEP Investments PTY Ltd.

 

25 ###-###-####

 

111 Huntington Avenue

 

 

 

Boston, MA 02199

 

 

 

Attn:

 

 

 

 

 

 

 

Wind Point Partners IV, L.P.

 

7,832 ###-###-####

 

One Town Square

 

 

 

Suite 780

 

 

 

Southfield, MI 48076

 

 

 

Attn: Jim TenBroek

 

 

 

 

 

 

 

Wind Point IV Executive Advisor Partners, L.P.

 

58 ###-###-####

 

One Town Square

 

 

 

Suite 780

 

 

 

Southfield, MI 48076

 

 

 

Attn: Jim TenBroek

 

 

 

 

 

 

 

Wind Point Associates IV, L.L.C.

 

29,010.9333

 

One Town Square

 

 

 

Suite 780

 

 

 

Southfield, MI 48076

 

 

 

Attn: Jim TenBroek

 

 

 

 


 

Stolberg, Meehan & Scano II, L.P.

 

300,000.0000

 

370 17th Street

 

 

 

Suite 3650

 

 

 

Denver, CO 80202

 

 

 

Attn:

 

 

 

 

 

 

 

SMS II-A, L.P.

 

900,000.0000

 

370 17th Street

 

 

 

Suite 3650

 

 

 

Denver, CO 80202

 

 

 

Attn:

 

 

 

 

 

 

 

Yale University

 

1,058,080.0000

 

Yale Investments Office

 

 

 

230 Prospect Street

 

 

 

New Haven, CT 06511

 

 

 

Attn: David Swensen