references to we, us or our company refer to Santa Monica Media Corporation
EX-10.11 14 v26347a9exv10w11.htm EXHIBIT 10.11 exv10w11
Exhibit 10.11
AMENDMENT TO SECURITIES
PURCHASE AGREEMENT
PURCHASE AGREEMENT
This Amendment to Securities Purchase Agreement (the Amendment) dated as of February 13, 2007 by and among Santa Monica Media Corporation, a Delaware corporation (the Company), and Santa Monica Capital Partners, LLC, a Delaware limited liability company (Buyer), is made with reference to the following:
The parties have entered into that certain Securities Purchase Agreement dated as of April 19, 2006 (the Agreement) and wish to amend the Agreement as set forth herein. Capitalized terms not defined herein shall have the meanings ascribed to them in the Agreement.
NOW THEREFORE, the Company and Buyer hereby amend the Agreement as follows:
1. | The minimum size of a Qualified IPO shall be reduced to $100,000,000 and any reference to Deutsche Bank Securities, Inc. in the Agreement shall be deleted. | ||
2. | In all other respects, the Agreement remains in full force and effect. |
IN WITNESS WHEREOF, the undersigned Buyer and the Company have caused this Amendment to be duly executed as of the date first above written.
SANTA MONICA MEDIA CORPORATION | ||||
By: | /s/ David Marshall | |||
Chief Executive Officer | ||||
BUYER: | ||||
SANTA MONICA CAPITAL PARTNERS, LLC | ||||
By Santa Monica Capital Corp., its Manager | ||||
By: | /s/ David Marshall |