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EX-10.17 11 w24360a5exv10w17.htm EX-10.17 exv10w17
Exhibit 10.17
WRITTEN CONSENT IN LIEU OF A SPECIAL MEETING
OF THE PREFERRED STOCKHOLDERS OF
SOURCEFIRE, INC.
OF THE PREFERRED STOCKHOLDERS OF
SOURCEFIRE, INC.
In lieu of a Special Meeting of the preferred stockholders (the Stockholders) of Sourcefire, Inc., a Delaware corporation (the Corporation), effective as of October 25, 2006 (the Effective Date), the undersigned Stockholders of the Corporation, collectively being the holders of record of at least (i) two-thirds (2/3) of the issued and outstanding shares of Series A Convertible Preferred Stock, par value $0.001 per share of the Corporation (the Series A Stock), (ii) sixty percent (60%) of the issued and outstanding shares of Series B Convertible Preferred Stock, par value $0.001 per share of the Corporation (the Series B Stock), (iii) a majority of the issued and outstanding shares of Series C Convertible Preferred Stock, par value $0.001 per share of the Corporation (the Series C Stock), and (iv) a majority of the issued and outstanding shares of Series D Convertible Preferred Stock, par value $0.001 per share of the Corporation (the Series D Stock), and, being entitled to vote on the matters set forth below, hereby consent to, approve and authorize the following resolutions:
Initial Public Offering
WHEREAS: The Board of Directors of the Corporation (the Board), together with executive management of the Corporation and outside advisors, has considered whether it is advisable and in the best interests of the Corporation to sell and issue shares of its common stock, par value $0.001 per share (the Common Stock), in an Initial Public Offering (as defined below) of such stock under the Securities Act of 1933 (as amended);
WHEREAS: The Board, in independently considering the merits of the proposed Initial Public Offering and the transactions contemplated thereby to the Corporation and the Corporations stockholders, has considered the following factors among others (given their interrelationship), in no particular order of weight or priority:
- | the stage of the Corporations development and the current financial position of the Corporation; | ||
- | the cost and effort required to maintain the organizational, technical, sales and marketing staffs necessary to continue and maintain business operations; | ||
- | the availability and advisability of seeking additional and alternative means of financing, including, without limitation, debt financing, bridge loan financing and other forms of equity financing; | ||
- | the strategic and tactical alternatives for the Corporation if the proposed Initial Public Offering does not occur (including, without limitation, the likelihood of other equity or debt financings or acquisitions and access to the capital needed to continue successful operations); |
- | prevailing market conditions (both in the Corporations industry and generally); and | ||
- | the terms and conditions of the proposed Initial Public Offering, including, without limitation, the valuation represented by the Initial Public Offering and the impact of the Initial Public Offering on the capital structure of the Corporation and the holders of capital stock of the Corporation; and |
WHEREAS: Certain stockholders of the Corporation have expressed their interest in participating in the Initial Public Offering by selling a certain number of shares of Common Stock currently owned by such stockholders, or to be owned by such stockholders upon the conversion of the Corporations issued and outstanding preferred stock into shares of Common Stock, pursuant to the Corporations Fifth Amended and Restated Certificate of Incorporation (the Charter).
NOW, THEREFORE, BE IT
RESOLVED: That the undersigned stockholders hereby authorize, empower and direct each of the Corporations officers to execute, deliver and file with appropriate government authorities all such agreements, instruments, certificates, permits and other documents as may be necessary, required or advisable in order to effectuate the intent of the following resolutions:
Public Offer, Issuance and Sale of Common Stock
RESOLVED: That the undersigned Stockholders hereby authorize, empower and direct the officers of the Corporation to undertake a public offering (the Initial Public Offering) in which the Corporation shall offer, issue and sell, in a firm commitment underwritten public offering pursuant to a registration statement on Form S-1 (the Registration Statement) under the Securities Act of 1933, as amended (the 1933 Act), shares of its Common Stock having an aggregate value of up to $125,000,000, or such greater or lesser amount as shall be determined in the discretion of the Pricing Committee of the Board, at a price per share to be determined by the Pricing Committee, which shall include (i) shares of Common Stock to be offered by the Corporation in connection with the underwriters firm purchase commitment, (ii) shares of Common Stock that may be sold by selling stockholders in connection with the Initial Public Offering and (iii) shares of Common Stock to be offered by the Corporation to cover the exercise of any over-allotment option granted to the underwriters or sold by the selling stockholders(collectively, the Shares);
RESOLVED, FURTHER: That the Initial Public Offering be and hereby is, authorized and approved in all respects;
RESOLVED, FURTHER: That the officers of the Corporation designated by the Board (the Designated Officers) be, and each of them hereby is, authorized and directed, in the name and on behalf of the Corporation, to cause to be prepared, delivered, filed,
issued and circulated one or more preliminary and final prospectuses with respect to the Shares and any amendments or supplements thereto, each in such form as any Designated Officer may approve, such approval to be conclusively evidenced by the issuance thereof; and
RESOLVED, FURTHER: That all lawful actions taken by any officers or directors of the Corporation in connection with the Initial Public Offering as authorized by the Board are hereby authorized, ratified and confirmed.
Mandatory Conversion of Preferred Stock
WHEREAS: Pursuant to Article V, Section C.5 of the Charter, all outstanding shares of Series A Stock, Series B Stock, Series C Stock and Series D Stock (collectively, the Preferred Stock) shall automatically convert to Common Stock, par value $0.001 per share, of the Corporation (the Common Stock) upon the closing of a Qualifying Public Offering (as defined in the Charter) at the then effective and applicable Conversion Price (as defined in the Charter); and
WHEREAS: In connection with the approval of the Initial Public Offering, the undersigned Stockholders have determined that it is in the best interests of the Corporation that the Initial Public Offering consummated by the Corporation be deemed to be a Qualifying Public Offering under the Charter regardless of whether the price per share of the Common Stock sold to the public is equal to or greater than one and one-half (1 1/2) times the applicable Original Issue Price for the Series D Stock (as defined in the Charter), and that upon the closing of the Initial Public Offering all of the Preferred Stock shall automatically convert into Common Stock in accordance with Article V, Section C.5 of the Charter.
NOW, THEREFORE, BE IT
RESOLVED: That the undersigned Stockholders hereby agree and consent that, regardless of whether the price per share of the Common Stock sold to the public in the Initial Public Offering is equal to or greater than one and one-half (1 1/2) times the applicable Original Issue Price for the Series D Stock, the Initial Public Offering consummated by the Corporation will be deemed to be a Qualifying Public Offering (as such term is defined in the Charter) and that upon the closing of the Initial Public Offering all outstanding shares of Preferred Stock shall automatically convert into shares of Common Stock at the then effective and applicable Conversion Price in accordance with Article V, Section C.5 of the Charter.
Termination of Rights Under Investor Rights Agreement
WHEREAS: The Corporation is a party to that certain Fourth Amended and Restated Investor Rights Agreement (the IR Agreement), dated May 24, 2006, with the Purchasers named therein;
WHEREAS: Under Section 3 of the IR Agreement, the Purchasers have certain rights of first refusal with respect future issuances of securities by the Corporation;
WHEREAS: Under Section 4 of the IR Agreement the Corporation is subject to certain covenants relating to the operation of its business and the disclosure of certain financial information to the Purchasers; and
WHEREAS: Under the terms of the IR Agreement, the rights of the Purchasers under Section 3 of the IR Agreement and the obligations of the Corporation under Section 4 of the IR Agreement shall terminate upon the closing of the Qualifying Public Offering.
NOW, THEREFORE, BE IT
RESOLVED: That pursuant to Section 3.1(f)(viii) of the IR Agreement, the undersigned acknowledge and agree that the Purchasers rights of first refusal under Section 3 of the IR Agreement shall not apply to the shares of Common Stock issued in connection with the Initial Public Offering, and the undersigned hereby waive all such rights with respect to the Initial Public Offering; and
RESOLVED, FURTHER: That the undersigned Stockholders hereby agree and consent that the Initial Public Offering consummated by the Corporation will be deemed to be a Qualifying Public Offering (as defined in the IR Agreement) and that upon the closing of the Initial Public Offering the rights of the Purchasers under Section 3 of the IR Agreement and the obligations of the Corporation under Section 4 of the IR Agreement shall terminate and be of no further force or effect.
Termination of Right of First Refusal and Co-Sale Agreement
WHEREAS: The Corporation is a party to that certain Fourth Amended and Restated Right of First Refusal and Co-Sale Agreement (the Co-Sale Agreement), dated May 24, 2006, with the Purchasers and Key Holders named therein; and
WHEREAS: Under the Co-Sale Agreement, the Key Holders are subject to certain transfer restrictions with respect to the proposed transfer of any Shares (defined therein), and the Corporation and Purchasers have certain rights of first refusal and co-sale with respect to proposed transfers of Shares by Key Holders; and
WHEREAS: Under Section 8.1 of the Co-Sale Agreement, upon the closing of a Qualifying Public Offering (as defined therein) the Co-Sale Agreement automatically terminates, and, under Section 8.2 of the Co-Sale Agreement the rights of first refusal and co-sale of the Corporation and Purchasers set forth in provisions 3, 4, 5 and 6 therein with respect to proposed transfers of Shares by Key Holders shall not apply.
NOW, THEREFORE, BE IT
RESOLVED: That the undersigned Stockholders hereby agree and consent that the Initial Public Offering consummated by the Corporation will be deemed to be a Qualifying Public Offering (as defined in the Co-Sale Agreement) and that, pursuant to Section 8.2 of the Co-Sale Agreement, the provisions of Sections 3, 4, 5 and 6 shall not apply to any sale of Shares transferred pursuant to the Initial Public Offering, and that pursuant to Section 8.1 of the Co-Sale Agreement, upon the consummation of the Initial Public Offering the Co-Sale Agreement shall terminate and be of no further force or effect.
Termination of Voting Agreement
WHEREAS: The Corporation is a party to that certain Fourth Amended and Restated Voting Agreement (the Voting Agreement), dated May 24, 2006, with the Purchasers and Stockholders named therein; and
WHEREAS: Pursuant to Section 3(b) of the Voting Agreement, upon the closing of a Qualifying Public Offering (as defined therein), the Voting Agreement shall terminate.
NOW, THEREFORE, BE IT
RESOLVED: That the undersigned Stockholders hereby agree and consent that the Initial Public Offering consummated by the Corporation will be deemed to be a Qualifying Public Offering (as defined in the Voting Agreement) and that, pursuant to Section 3(b) of the Voting Agreement, upon the consummation of the Initial Public Offering the Voting Agreement shall terminate and be of no further force or effect.
General
RESOLVED: That the appropriate officer or officers of the Corporation, acting for, on behalf of, and in the name of, the Corporation, shall be, and hereby are, authorized, empowered and directed to take any and all actions and to execute, deliver and file any and all agreements, instruments, and documents as the officer or officers so acting shall determine to be necessary or appropriate to consummate the transactions contemplated by the foregoing resolutions, the taking of such actions to be conclusive evidence that the same was deemed to be necessary or appropriate and was authorized hereby;
RESOLVED, FURTHER: That all actions heretofore taken by the officers of the Corporation with respect to the transactions contemplated thereby and by the foregoing resolutions are hereby ratified, confirmed, approved and adopted in all respects; and
RESOLVED, FURTHER: That this Written Consent may be executed with counterpart signatures and that when all of the counterpart signatures are assembled together, this Written Consent shall be considered fully executed and all of the resolutions herein adopted and approved.
[Signatures Appear on the Following Pages]
IN WITNESS WHEREOF, each of the undersigned Stockholders, as of the Effective Date set forth above, by executing this Written Consent, waives notice of the time, place and purpose of the Special Meeting of the Stockholders and agrees to the transaction of the business of the Special Meeting by written consent of the Stockholders in lieu of such meeting.
SERIES D PREFERRED STOCKHOLDERS: | ||||||
MERITECH CAPITAL PARTNERS III L.P. | ||||||
By: Meritech Capital Associates III L.L.C., its General Partner | ||||||
By: Meritech Management Associates III L.L.C. a managing member | ||||||
By: | ||||||
Michael B. Gordon, a managing member | ||||||
MERITECH CAPITAL AFFILIATES III L.P. | ||||||
By: Meritech Capital Associates III L.L.C., its General Partner | ||||||
By: Meritech Management Associates III L.L.C. a managing member | ||||||
By: | ||||||
Michael B. Gordon, a managing member | ||||||
NEW ENTERPRISE ASSOCIATES 10, | ||||||
LIMITED PARTNERSHIP | ||||||
By: | NEA Partnership 10, Limited Partnership | |||||
Its: | General Partner | |||||
By: | /s/ Charles W. Newhall III | |||||
Name: | Charles W. Newhall III | |||||
Title: | General Partner | |||||
SEQUOIA CAPITAL FRANCHISE FUND | ||||||
SEQUOIA CAPITAL FRANCHISE PARTNERS | ||||||
By: SCFF Management, LLC | ||||||
a Delaware Limited Liability Company | ||||||
General Partner of Each | ||||||
By: | /s/ Doug Leone | |||||
Name: | Doug Leone |
SERIES D PREFERRED STOCKHOLDERS: | ||||||
SIERRA VENTURES VIII-A, L.P. | ||||||
By: | /s/ Tim Guleri | |||||
Name: | Tim Guleri | |||||
Title: | Manager | |||||
on behalf of Sierra Ventures Associates VIII, LLC the | ||||||
General Partner of Sierra Ventures VIII-A, L.P. | ||||||
SIERRA VENTURES VIII-B, L.P. | ||||||
By: | /s/ Tim Guleri | |||||
Name: | Tim Guleri | |||||
Title: | Manager | |||||
on behalf of Sierra Ventures Associates VIII, LLC the | ||||||
General Partner of Sierra Ventures VIII-B, L.P. | ||||||
SIERRA VENTURES ASSOCIATES VIII, L.L.C., | ||||||
as nominee for its members: | ||||||
By: | /s/ Tim Guleri | |||||
Name: | Tim Guleri | |||||
Title: | Manager | |||||
SIERRA VENTURES VII, L.P. | ||||||
By: | /s/ David C. Schwab | |||||
Name: | David C. Schwab | |||||
Title: | Manager | |||||
on behalf of Sierra Ventures Associates VII, LLC the | ||||||
General Partner of Sierra Ventures VII, L.P. | ||||||
SIERRA VENTURES ASSOCIATES VII, L.L.C., | ||||||
as nominee for its members | ||||||
By: | /s/ David C. Schwab | |||||
Name: | David C. Schwab | |||||
Title: | Manager |
SERIES D PREFERRED STOCKHOLDERS: | ||||||
CORE CAPITAL PARTNERS, L.P. | ||||||
By: | /s/ Pascal Luck | |||||
Name: | Pascal Luck | |||||
Title: | Managing Director | |||||
MINOTAUR LLC | ||||||
By: | /s/ Mark Levine | |||||
Name: | Mark Levine | |||||
Title: | Managing Member | |||||
MINOTAUR ANNEX LLC | ||||||
By: | /s/ Mark Levine | |||||
Name: | Mark Levine | |||||
Title: | Managing Member | |||||
INFLECTION POINT VENTURES L.P. | ||||||
By: | Inflection Point Associates, L.P. | |||||
/s/ Timothy Webb | ||||||
By: | Inflection Point Management, LLC | |||||
Its: | General Partner | |||||
Name: | Timothy Webb | |||||
Title: | Authorized Manager | |||||
INFLECTION POINT VENTURES II, L.P. | ||||||
/s/ Timothy Webb | ||||||
By: | Inflection Point SBIC Associates, LLC | |||||
Its: | General Partner | |||||
Name: | Timothy Webb | |||||
Title: | Authorized Manager |
SERIES D PREFERRED STOCKHOLDERS: | ||||||
BIG BASIN PARTNERS, L.P. | ||||||
By: | /s/ Frank Marshall | |||||
Its: | General Partner | |||||
CROSS CREEK CAPITAL, L.P. | ||||||
By: | Cross Creek Capital GP, L.P. | |||||
Its Sole General Partner | ||||||
By: | Cross Creek Capital, LLC | |||||
Its Sole General Partner | ||||||
By: | Wasatch Advisors, Inc. | |||||
Its Sole Member | ||||||
BY: | ||||||
Name: Daniel Thurber | ||||||
Title: Vice President | ||||||
CROSS CREEK CAPITAL EMPLOYEES FUND, L.P. | ||||||
By: | Cross Creek Capital GP, L.P. | |||||
Its Sole General Partner | ||||||
By: | Cross Creek Capital, LLC | |||||
Its Sole General Partner | ||||||
By: | Wasatch Advisors, Inc. | |||||
Its Sole Member | ||||||
By: | ||||||
Name: Daniel Thurber | ||||||
Title: Vice President |
SERIES D PREFERRED STOCKHOLDERS: | ||||||
MARYLAND DEPARTMENT OF BUSINESS | ||||||
AND ECONOMIC DEVELOPMENT | ||||||
By: | /s/ Rayman B. Dizon | |||||
Name: | RAYMAN B. DIZON | |||||
Its: | MANAGING DIRECTOR | |||||
/s/ MARK A. FRANTZ | ||||||
MARK A. FRANTZ |
SERIES C PREFERRED STOCKHOLDERS: | ||||||
SEQUOIA CAPITAL FRANCHISE FUND | ||||||
SEQUOIA CAPITAL FRANCHISE PARTNERS | ||||||
By: SCFF Management, LLC | ||||||
a Delaware Limited Liability Company | ||||||
General Partner of Each | ||||||
By: | /s/ Doug Leone | |||||
Name: | Doug Leone | |||||
NEW ENTERPRISE ASSOCIATES 10, | ||||||
LIMITED PARTNERSHIP | ||||||
By: | NEA Partnership 10, Limited Partnership | |||||
Its: | General Partner | |||||
By: | /s/ Charles W. Newhall III | |||||
Name: | Charles W. Newhall III | |||||
Title: | General Partner |
SERIES C PREFERRED STOCKHOLDERS: | ||||||||
SIERRA VENTURES VIII-A, L.P. | ||||||||
By: Name: | /s/ Tim Guleri | |||||||
Title: | Manager | |||||||
on behalf of Sierra Ventures Associates VIII, LLC the General Partner of Sierra Ventures VIII-A, L.P. | ||||||||
SIERRA VENTURES VIII-B, L.P. | ||||||||
By: | /s/ Tim Guleri | |||||||
Name: | Tim Guleri | |||||||
Title: | Manager | |||||||
on behalf of Sierra Ventures Associates VIII, LLC the General Partner of Sierra Ventures VIII-B, L.P. | ||||||||
SIERRA VENTURES ASSOCIATES VIII, L.L.C., | ||||||||
as nominee for its members: | ||||||||
By: | /s/ Tim Guleri | |||||||
Name: | Tim Guleri | |||||||
Title: | Manager | |||||||
SIERRA VENTURES VII, L.P. | ||||||||
By: | /s/ David C. Schwab | |||||||
Name: | David C. Schwab | |||||||
Title: | Manager | |||||||
on behalf of Sierra Ventures Associates VII, LLC the General Partner of Sierra Ventures VII, L.P. | ||||||||
SIERRA VENTURES ASSOCIATES VII, L.L.C., | ||||||||
as nominee for its members | ||||||||
By: | /s/ David C. Schwab | |||||||
Name: | ||||||||
Title: | Manager |
SERIES C PREFERRED STOCKHOLDERS: | ||||||||
CORE CAPITAL PARTNERS, L.P. | ||||||||
By: | /s/ Pascal Luck | |||||||
Name: | Pascal Luck | |||||||
Title: | Managing Director | |||||||
MINOTAUR FUNDS, LLC | ||||||||
By: | /s/ Mark Levine | |||||||
Name: | Mark Levine | |||||||
Title: | Managing Member | |||||||
INFLECTION POINT VENTURES L.P. | ||||||||
By: | Inflection Point Associates, L.P. | |||||||
/s/ Timothy Webb | ||||||||
By: | Inflection Point Management, LLC | |||||||
Its: | General Partner | |||||||
Name: | Timothy Webb | |||||||
Title: | Authorized Manager | |||||||
INFLECTION POINT VENTURES II, L.P. | ||||||||
/s/ Timothy Webb | ||||||||
By: | Inflection Point SBIC Associates, LLC | |||||||
Its: | General Partner | |||||||
Name: | Timothy Webb | |||||||
Title: | Authorized Manager | |||||||
BIG BASIN PARTNERS, L.P. | ||||||||
/s/ Frank Marshall | ||||||||
By: | Frank Marshall | |||||||
Its: | General Partner |
SERIES C PREFERRED STOCKHOLDERS: | ||||||
Asheem Chandna and Aarti Chandna, as Trustees of the Chandna Family Revocable Trust as of April 13, 1998 | ||||||
By: | /s/ Asheem Chandna | |||||
By: | /s/ Aarti Chandna | |||||
/s/ MARK A. FRANTZ | ||||||
MARK A. FRANTZ | ||||||
/s/ FRANK A. BONSAL, JR. | ||||||
FRANK A. BONSAL, JR. |
SERIES B PREFERRED STOCKHOLDERS: | ||||||
NEW ENTERPRISE ASSOCIATES 10, LIMITED PARTNERSHIP | ||||||
By: NEA Partners 10, Limited Partnership | ||||||
By: | /s/ Charles W. Newhall III | |||||
Name: Charles W. Newhall III Title: General Partner | ||||||
NEA VENTURES 2003, LIMITED PARTNERSHIP | ||||||
By: | /s/ Pamela J. Clark | |||||
Name: Pamela J. Clark Title: Vice President |
SERIES B PREFERRED STOCKHOLDERS: | ||||
SIERRA VENTURES VIII-A, L.P. | ||||
By: | /s/ Tim Guleri | |||
Name: Tim Guleri | ||||
Title: Manager | ||||
on behalf of Sierra Ventures Associates VIII, LLC the General Partner of Sierra Ventures VIII-A, L.P. | ||||
SIERRA VENTURES VIII-B, L.P. | ||||
By: | /s/ Tim Guleri | |||
Name: Tim Guleri | ||||
Title: Manager | ||||
on behalf of Sierra Ventures Associates VIII, LLC the General Partner of Sierra Ventures VIII-B, L.P. | ||||
SIERRA VENTURES ASSOCIATES VIII, L.L.C., as nominee for its members: | ||||
By: | /s/ Tim Guleri | |||
Name: Tim Guleri | ||||
Title: Manager | ||||
SIERRA VENTURES VII, L.P. | ||||
By: | /s/ David C. Schwab | |||
Name: David C. Schwab | ||||
Title: Manager | ||||
on behalf of Sierra Ventures Associates VII, LLC the General Partner of Sierra Ventures VII, L.P. | ||||
SIERRA VENTURES ASSOCIATES VII, L.L.C., as nominee for its members | ||||
By: | /s/ David C. Schwab | |||
Name: David C. Schwab | ||||
Title: Manager |
SERIES B PREFERRED STOCKHOLDERS: | ||||||
CORE CAPITAL PARTNERS, L.P. | ||||||
By: Name: | /s/ Pascal Luck | |||||
Title: | Managing Director | |||||
MINOTAUR FUNDS, LLC | ||||||
By: | /s/ Mark Levine | |||||
Name: | Mark Levine | |||||
Title: | Managing Member | |||||
INFLECTION POINT VENTURES L.P. | ||||||
By: | Inflection Point Associates, L.P. | |||||
/s/ Timothy Webb | ||||||
By: | Inflection Point Management, LLC | |||||
Its: | General Partner | |||||
Name: | Timothy Webb | |||||
Title: | Authorized Manager | |||||
INFLECTION POINT VENTURES II, L.P. | ||||||
/s/ Timothy Webb | ||||||
By: | Inflection Point SBIC Associates, LLC | |||||
Its: | General Partner | |||||
Name: | Timothy Webb | |||||
Title: | Authorized Manager |
SERIES B PREFERRED STOCKHOLDERS: | ||||
BIG BASIN PARTNERS, L.P. | ||||
/s/ Frank Marshall | ||||
Its: General Partner | ||||
/s/ Frank A. Bonsal Jr. | ||||
/s/ Mark A. Frantz |
SERIES A PREFERRED STOCKHOLDERS: | ||||||
SIERRA VENTURES VIII-A, L.P. | ||||||
By: Name: | /s/ Tim Guleri | |||||
Title: | Manager | |||||
on behalf of Sierra Ventures Associates VIII, LLC the General Partner of Sierra Ventures VIII-A, L.P. | ||||||
SIERRA VENTURES VIII-B, L.P. | ||||||
By: Name: | /s/ Tim Guleri | |||||
Title: | Manager | |||||
on behalf of Sierra Ventures Associates VIII, LLC the | ||||||
General Partner of Sierra Ventures VIII-B, L.P. | ||||||
SIERRA VENTURES ASSOCIATES VIII, L.L.C., | ||||||
as nominee for its members: | ||||||
By: Name: | /s/ Tim Guleri | |||||
Title: | Manager | |||||
SIERRA VENTURES VII, L.P. | ||||||
By: Name: | /s/ David C. Schwab | |||||
Title: | Manager | |||||
on behalf of Sierra Ventures Associates VII, LLC the General Partner of Sierra Ventures VII, L.P. | ||||||
SIERRA VENTURES ASSOCIATES VII, L.L.C., | ||||||
as nominee for its members | ||||||
By: Name: | /s/ David C. Schwab | |||||
Title: | Manager |
SERIES A PREFERRED STOCKHOLDERS: | ||||||
INFLECTION POINT VENTURES L.P. | ||||||
By: Inflection Point Associates, L.P. | ||||||
/s/ Timothy Webb | ||||||
By: | Inflection Point Management, LLC | |||||
Its: | General Partner | |||||
Name: | Timothy Webb | |||||
Title: | Authorized Manager | |||||
INFLECTION POINT VENTURES II, L.P. | ||||||
/s/ Timothy Webb | ||||||
By: | Inflection Point SBIC Associates, LLC | |||||
Its: | General Partner | |||||
Name: | Timothy Webb | |||||
Title: | Authorized Manager | |||||
CORE CAPITAL PARTNERS, L.P. | ||||||
By: Name: | /s/ Pascal Luck | |||||
Title: | Managing Director | |||||
MINOTAUR FUNDS, LLC | ||||||
By: Name: | /s/ Mark Levine | |||||
Title: | Managing Member | |||||
BIG BASIN PARTNERS, L.P. | ||||||
By: Name: | /s/ Frank Marshall | |||||
Its: | General Partner |
SERIES A PREFERRED STOCKHOLDERS: | ||||||
MARYLAND DEPARTMENT OF BUSINESS | ||||||
AND ECONOMIC DEVELOPMENT | ||||||
By: Name: | /s/ Raymar B. Dizon | |||||
Its: | Managing Director | |||||
Asheem Chandna and Aarti Chandna, as | ||||||
Trustees of the Chandna Family Revocable | ||||||
Trust as of April 13, 1998 | ||||||
By: | /s/ Asheem Chandna | |||||
By: | /s/ Aarti Chandna | |||||
/s/ E. Wayne Jackson, III | ||||||
E. Wayne Jackson, III |