Second Amendment to Registration Rights Agreement among InterDent, Inc., Requisite Holders, and Additional Holders

Summary

This amendment updates a previous Registration Rights Agreement between InterDent, Inc. and certain investors. It adds several banks and financial institutions as new parties, granting them the same rights and obligations to register their securities as the original holders. All other terms of the original agreement remain unchanged. The amendment is effective as of April 13, 2001, and is signed by representatives of InterDent, the new banks, and the existing requisite holders.

EX-10.7 9 a2056426zex-10_7.htm EXHIBIT 10.7 Prepared by MERRILL CORPORATION
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SECOND AMENDMENT TO REGISTRATION RIGHTS AGREEMENT

    THIS SECOND AMENDMENT TO REGISTRATION RIGHTS AGREEMENT (the "Amendment"), dated as of April 13, 2001, is made and entered into among INTERDENT, INC. ("the Company"), the Requisite Holders and Union Bank of California, N.A., The Chase Manhattan Bank, Bank of America, N.A., Citizens Bank of Massachusetts, First National Bank, Fleet Capital Corporation, Sovereign Bank and U.S. Bank National Association (collectively, the "Additional Holders").

    WHEREAS, the Company has entered into a Registration Rights Agreement dated as of March 11, 1999 (the "Registration Rights Agreement"), pursuant to which the Holders received registration rights with respect to certain securities of the Company owned by the Holders; and

    WHEREAS, the Additional Holders desire to become parties to the Registration Rights Agreement, as amended hereby.

    NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties agree as follows:

    1.  Capitalized terms used but not otherwise defined herein shall have the meanings ascribed to such terms in the Registration Rights Agreement.

    2.  Pursuant to Section 19 thereof, the Registration Rights Agreement is hereby amended as follows:

        (a) For all purposes of the Registration Rights Agreement, each Additional Holder shall be considered a Holder and entitled to all rights and subject to all obligations under the Registration Rights Agreement, as amended pursuant to this Amendment.

        (b) Schedule I to the Registration Rights Agreement is hereby amended to add at the end thereof, the following text:

      Union Bank of California, N.A.
      400 California St., 8th Floor
      San Francisco, CA 94104
      Attention: Nancy Perkins, Vice President
      Telephone: (415)  ###-###-####
      Telecopier: (415)  ###-###-####

      The Chase Manhattan Bank
      1166 Sixth Avenue, 16th Floor
      New York, NY 10036
      Attention: Eric Groberg, Vice President
      Telephone: (212)  ###-###-####
      Telecopier: (212)  ###-###-####

      Bank of America, N.A.
      South Coast Financial Center
      675 Anton Blvd., 2nd Floor
      Costa Mesa, CA ###-###-####
      Attention: Ronald Parisi, Senior Vice President
      Telephone: (714)  ###-###-####
      Telecopier: (714)  ###-###-####

      Citizens Financial Group, Inc.
      53 State Street, 8th Floor
      Boston, MA 02109

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      Attention: Larry Jacobs, Vice President
      Telephone: (617)  ###-###-####
      Telecopier: (617)  ###-###-####

      First National Bank
      401 West "A" Street
      San Diego, CA 92101
      Attention: Daniel T. Grenci, Senior Vice President
      Telephone: (619)  ###-###-####
      Telecopier: (619)  ###-###-####

      Fleet Capital Corporation
      15260 Ventura Blvd., Suite 400
      Sherman Oaks, CA ###-###-####
      Attention: Leslie Reuter, Senior Vice President
      Telephone: (818)  ###-###-####
      Telecopier: (818)  ###-###-####

      Sovereign Bank
      100 Pearl Street, 5th Floor
      Hartford, CT 06103
      Attention: Roland Lamothe
      Telephone: (860)  ###-###-####
      Telecopier: (860)  ###-###-####

      U.S. Bank National Association
      601 Second Avenue South
      MPFP2516
      Minneapolis, MN ###-###-####
      Attention: Daniel Falstad, VP
      Telephone: (612)  ###-###-####
      Telecopier: (612)  ###-###-####

    3.  All other provisions of the Registration Rights Agreement shall remain in full force and effect.

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    IN WITNESS WHEREOF, the parties have executed and delivered this Second Amendment to Registration Rights Agreement as of the day and year first above written.

    INTERDENT INC.

 

 

 

 
    By: /s/ MICHAEL T. FIORE
Michael T. Fiore
Co-Chairman of the Board
and Chief Executive Officer

ADDITIONAL HOLDERS:

 

 

 

 

 

UNION BANK OF CALIFORNIA, N.A.

 

 

 

 
    By: /s/ THOMAS FRATAR
    Name: Thomas Fratar
    Title: Vice President

 

 

THE CHASE MANHATTAN BANK

 

 

 

 
    By: /s/ ERIC GROBERG
    Name: Eric Groberg
    Title: Vice President

 

 

BANK OF AMERICA, N.A.

 

 

 

 
    By: /s/ RONALD J. PARISI
    Name: Ronald J. Parisi
    Title: Sr. Vice President

 

 

CITIZENS FINANCIAL GROUP, INC.

 

 

 

 
    By: /s/ LAWRENCE E. JACOBS
    Name: Lawrence E. Jacobs
    Title: Vice President

 

 

FIRST NATIONAL BANK

 

 

 

 
    By: /s/ DANIEL T. GRENCY
    Name: Daniel T. Grency
    Title: CEO

 

 

FLEET CAPITAL CORPORATION

 

 

 

 
    By: /s/ LESLIE REUTER
    Name: Leslie Reuter
    Title: Sr. Vice President

 

 

SOVEREIGN BANK

 

 

 

 
    By: /s/ ROLAND D. LAMOTHE
    Name: Roland D. Lamothe
    Title: Vice President

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U.S. BANK NATIONAL ASSOCIATION

 

 

 

 
    By: /s/ DANIEL J. FALSTAD
    Name: Daniel J. Falstad
    Title: Vice President

REQUISITE HOLDERS:

 

 

 
    J.P MORGAN PARTNERS (23A SBIC), LLC

 

 

By:

J.P. Morgan Partners (23A SBIC), Inc.
its Managing Member

 

 

 

 
    By: /s/ J.P. MORGAN PARTNERS
    Name:   
    Title:   

 

 

SPROUT CAPITAL VII, L.P.

 

 

By:

DLJ Capital Corp.,
its Managing General Partner

 

 

 

 
    By: /s/ ROBERT FINZI
Robert Finzi
Attorney in Fact

SPROUT GROWTH II, L.P.

 

 

 

 

 

By:

DLJ Capital Corp.,
its Managing Genberal Partner

 

 

 

 
    By: /s/ ROBERT FINZI
Robert Finzi
Attorney in Fact

 

 

THE SPROUT CEO FUND, L.P.

 

 

By:

DLJ Capital Corp.,
its General Partner

 

 

 

 
    By: /s/ ROBERT FINZI
Robert Finzi
Attorney in Fact

 

 

DLJ CAPITAL CORP.

 

 

 

 
    By: /s/ ROBERT FINZI
Robert Finzi
Attorney in Fact

 

 

DLJ FIRST ESC L.L.C.

 

 

 

 
    By: /s/ ROBERT FINZI
Robert Finzi
Attorney in Fact

4



 

 

LEVINE LEICHTMAN CAPITAL PARTNERS II, L.P.

 

 

By:

Levine Leichtman Capital Partners, Inc.

 

 

 

 
    By: /s/ LEVINE LEICHTMAN CAPITAL PARTNERS, INC.
    Name:   
    Title:   

 

 

SRM '93 Children's Trust

 

 

 

 
    By: /s/ MICHAEL T. FIORE
    Name:   
    Title:   

 

 

 

 
    /s/ MICHAEL T. FIORE
Michael T. Fiore

 

 

 

 
    /s/ DR. STEVEN R. MATZKIN
Dr. Steven R. Matzkin

 

 

 

 
    /s/ L. THEODORE VAN EERDEN
L. Theodore Van Eerden

 

 

 

 
    /s/ NORMAN R. HUFFAKER
Norman R. Huffaker

 

 

 

 
    /s/ RANDY HENRY
Randy Henry

 

 

 

 
    /s/ GRANT M. SADLER
Grant M. Sadler

 

 

 

 
    /s/ DAVID P. NICHOLS
David P. Nichols

 

 

 

 
    /s/ MITCHELL B. OLAN
Mitchell B. Olan

 

 

 

 
    /s/ ROBERT FINZI
Robert Finzi

 

 

 

 
    /s/ ERIC GREEN
Eric Green

 

 

 

 
    /s/ PAUL H. KECKLEY
Paul H. Keckley

 

 

 

 
    /s/ H. WAYNE POSEY
H. Wayne Posey

 

 

 

 
    /s/ ROBERT F. RAUCCI
Robert F. Raucci

 

 

 

 
    /s/ CURTIS LEE SMITH, JR.
Curtis Lee Smith, Jr.

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