Fifth Amendment to Fourth Amended and Restated Registration Rights Agreement by and among SpeechWorks International, Inc., Dr. Susan Hertz, and Investors

Summary

This amendment adds Dr. Susan Hertz as a party to the existing Registration Rights Agreement among SpeechWorks International, Inc. and its investors. The change is required as part of a merger in which Dr. Hertz, the sole shareholder of Eloquent Technology, Inc., will receive shares in SpeechWorks. The agreement confirms that all other terms of the Registration Rights Agreement remain in effect and that Dr. Hertz will have the same registration rights as other investors. The amendment is effective as of January 5, 2001.

EX-10.1 2 a2048818zex-10_1.txt EX-10.1 Exhibit 10.1 FIFTH AMENDMENT TO FOURTH AMENDED AND RESTATED REGISTRATION RIGHTS AGREEMENT THIS FIFTH AMENDMENT, dated as of January 5th, 2001 (this "Agreement"), to the Fourth Amended and Restated Registration Rights Agreement dated as of April 11, 2000 as amended by the First Amendment thereto dated May 16, 2000, the Second Amendment thereto dated June 5, 2000, the Third Amendment thereto dated June 28, 2000 and the Fourth Amendment thereto dated June 28, 2000 (the "Registration Rights Agreement"), by and among SPEECHWORKS INTERNATIONAL, INC., a Delaware corporation (the "Company") and the stockholders of the Company named therein, is by and among the Company, Dr. Susan Hertz (the "New Investor") and the persons named on the signature page hereto as Investors (collectively, the "Investors"). All other capitalized terms used herein and not otherwise defined have their respective meanings set forth in the Registration Rights Agreement. WHEREAS, the Company and the New Investor are parties to the Agreement and Plan of Merger, dated as of December 19, 2000 (the "Merger Agreement"), by and among the Company, SpeechWorks Acquisition Sub, Inc. (the "Merger Sub"), Eloquent Technology, Inc. ("Eloquent") and the New Investor pursuant to which Eloquent will be merged with and into Merger Sub (the "Merger"); WHEREAS, the New Investor is the sole shareholder of Eloquent; WHEREAS, upon consummation of the Merger and in consideration therefor, the Company will issue 299,873 shares of the Common Stock, $0.001 par value per share (the "Shares"), of the Company to the New Investor pursuant to the terms of the Merger Agreement; WHEREAS, it is a condition to the consummation of the Merger that the Registration Rights Agreement shall be amended to add the New Investor as a party to the Registration Rights Agreement; and WHEREAS, the Investors who are signatories hereto hold in the aggregate a sufficient number of shares of Registrable Stock to amend the Registration Rights Agreement in accordance with Section 14 thereof to add the New Investor as party thereto. NOW, THEREFORE, in consideration of the mutual covenants and agreements set forth herein, the parties agree as follows: 1. AMENDMENT TO SCHEDULE RRA (4TH REVISED). From and after the date hereof, SCHEDULE RRA (4TH REVISED) to the Registration Rights Agreement is deleted and replaced by SCHEDULE RRA (5TH REVISED), dated the date hereof and attached hereto and the term "Investors" as used therein and herein shall mean and refer to all the persons and entities identified on said SCHEDULE RRA (5TH REVISED). 2. CONTINUED EFFECT. As amended hereby, the Registration Rights Agreement is hereby ratified and confirmed and agreed to by all of the parties hereto and continues in full force and effect. 3. COUNTERPARTS. This Agreement may be executed in any number of counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument. 4. GOVERNING LAW. This Agreement shall be governed by, and construed in accordance with the laws of the State of Delaware. [signature pages follow] 2 IN WITNESS WHEREOF, the parties hereto have caused this Fifth Amendment to the Fourth Amended and Restated Registration Rights Agreement to be executed by their respective officers thereunto duly authorized, as of the date first above written. SPEECHWORKS INTERNATIONAL, INC. By: /s/ Stuart Patterson ------------------------------------------ Stuart Patterson, President and Chief Executive Officer NEW INVESTOR: ------------------------------------------ Dr. Susan Hertz INVESTORS: NET2PHONE, INC. By: --------------------------------------- Name: Title: AMERICA ONLINE, INC. By: --------------------------------------- Name: Title: AT&T CORP. By: --------------------------------------- Name: Title: 3 Signature Page to Fifth Amendment to Fourth Amended and Restated Registration Rights Agreement IGATE VENTURES I, L.P. By: /s/ David C. Whitmore --------------------------------------- Name: David C. Whitmore Title: Manager REUTERS HOLDINGS SWITZERLAND SA By: --------------------------------------- Name: Title: CITICORP STRATEGIC TECHNOLOGY CORP. By: --------------------------------------- Name: Title: GE CAPITAL EQUITY INVESTMENTS, INC. By: --------------------------------------- Name: Title: MCI WORLDCOM VENTURE FUND, INC. By: /s/ Douglas C. Webster --------------------------------------- Name: Douglas C. Webster Title: Vice President CHARLES RIVER PARTNERSHIP VII, LP by Charles River VII GP, LP Its General Partner By: /s/ Richard M. Burnes --------------------------------------- Name: Richard M. Burnes Title: General Partner 4 Signature Page to Fifth Amendment to Fourth Amended and Restated Registration Rights Agreement ATLAS VENTURE FUND II, L.P. By: Atlas Venture Associates II, L.P., its general partner By: /s/ Barry J. Fidelman --------------------------------------- Name: Barry J. Fidelman Title: General Partner QUESTMARK PARTNERS, L.P. By: /s/ Thomas R. Hitchner --------------------------------------- Name: Thomas R. Hitchner Title: General Partner INTEL 64 FUND, LLC By: INTEL 64 FUND OPERATIONS, INC., its Coordinating Member By: /s/ Kala Srinivasan --------------------------------------- Name: Kala Srinivasan Title: Assistant Treasurer BANK OF AMERICA VENTURES By: /s/ Robert M. Obuch --------------------------------------- Name: Robert M. Obuch Title: Principal BA VENTURE PARTNERS III By: /s/ Robert M. Obuch --------------------------------------- Name: Robert M. Obuch Title: General Partner 5 Signature Page to Fifth Amendment to Fourth Amended and Restated Registration Rights Agreement RIGGS CAPITAL PARTNERS By: /s/ J. Carter Beese, Jr. --------------------------------------- Name: J. Carter Beese, Jr. Title: President MINTZ LEVIN INVESTMENTS LLC By: --------------------------------------- Name: Title: ------------------------------------------ Steven P. Rosenthal ------------------------------------------ Suzanne Abair and Kathleen MacDonald /s/ Robert S. Fore ------------------------------------------ Robert S. Fore LEE CAPITAL HOLDINGS By: /s/ O. Lee --------------------------------------- Name: O. Lee Title: President CITIZENS CAPITAL INCORPORATED By: /s/ Robert E. Garrow --------------------------------------- Name: Robert E. Garrow Title:President /s/ Joseph Murphy ------------------------------------------ JOSEPH MURPHY 6 Signature Page to Fifth Amendment to Fourth Amended and Restated Registration Rights Agreement DIGITAL BANDWIDTH LLC By: --------------------------------------- Name: David B. Weinberg Title: President INTEL CORPORATION By: /s/ Kala Srinivasan --------------------------------------- Name: Kala Srinivasan Title: Assistant Treasurer SAP AMERICA, INC. By: --------------------------------------- Name: Title: /s/ Paul Yovovich ------------------------------------------ Paul Yovovich /s/ Ralph Mor ------------------------------------------ Ralph Mor ------------------------------------------ Hedva Mor ------------------------------------------ Jeffrey Mor /s/ Jean Guy Dahan ------------------------------------------ Jean Guy Dahan /s/ Naim Murad ------------------------------------------ Naim Murad /s/ John Meyrick ------------------------------------------ John Meyrick /s/ Brett Phaneuf ------------------------------------------ Brett Phaneuf 7 Signature Page to Fifth Amendment to Fourth Amended and Restated Registration Rights Agreement ------------------------------------------ William J. O'Farrell ------------------------------------------ Noreen D. O'Farrell ------------------------------------------ William Ledingham /s/ William Haney ------------------------------------------ William Haney /s/ Anne G. Haney ------------------------------------------ Anne G. Haney LIGHTHOUSE CAPITAL PARTNERS, L.P. By: LIGHTHOUSE MANAGEMENT PARTNERS, L.P., its general partner By: LIGHTHOUSE CAPITAL PARTNERS, INC., its general partner By: --------------------------------------- Title: ----------------------------------- /s/ Mark Holthouse ------------------------------------------ Mark Holthouse /s/ Stephen Smith ------------------------------------------ Stephen Smith /s/ Sol Lerner ------------------------------------------ Sol Lerner ------------------------------------------ Henry Lerner /s/ Bernice F. Epstein, Trustee of Leonard Epstein Revocable Trust ------------------------------------------ Leonard Epstein Revocable Trust 8 Signature Page to Fifth Amendment to Fourth Amended and Restated Registration Rights Agreement ------------------------------------------ Bella Lerner ------------------------------------------ Miriam Epstein /s/ Brian S. Eberman ------------------------------------------ Brian S. Eberman /s/ Edward J. McCaffrey ------------------------------------------ Edward J. McCaffrey /s/ Joyce V. McCaffrey ------------------------------------------ Joyce V. McCaffrey INTERVOICE-BRITE, INC. By: /s/ Rob Roy J. Graham --------------------------------------- Name: Rob Roy J. Graham Title: CFO 9 Signature Page to Fifth Amendment to Fourth Amended and Restated Registration Rights Agreement SCHEDULE RRA (5TH REVISED) January 5, 2001 INVESTORS AND MAILING ADDRESSES: - ------------------------------- Dr. Susan Hertz 24 Highgate Circle Ithaca, NY 14850 Net2Phone, Inc. 171 Main Street Hackensack, NJ 07601 Attn: General Counsel Fax: (201) 530-4159 America Online, Inc. 22000 AOL Way Dulles, Virginia 20166 Attn: General Counsel AT&T Corp. 295 North Maple Avenue Basking Ridge, NJ 07920 iGate Ventures I, L.P. 1004 McKee Road Oakdale, PA 15071 Reuters Holdings Switzerland SA 153 Route de Thonon 1245 Collogne-Bellerive Switzerland (with copies to: Reuters Limited 85 Fleet Street London EC4P 4AJ United Kingdom Attention: General Counsel) Citicorp Strategic Technology Corp. 909 Third Avenue, 16th Floor, New York, NY 10043 Attention: William F. Carson 10 GE Capital Equity Investments, Inc. 120 Long Ridge Road, Stamford, CT 06927 Attention: General Counsel MCI WorldCom Venture Fund, Inc. 1801 Pennsylvania Avenue N.W. 6th Floor Washington D.C. 20006 Mintz Levin Investments LLC One Financial Center Boston, MA 02111 Attention: Steven P. Rosenthal, Esq. Steven P. Rosenthal 40 Bartlett Street Marblehead, MA 01945 Suzanne Abair & Kathleen MacDonald 130 Pembroke St. #1 Boston, MA 02118 Atlas Venture Fund II, L.P. 222 Berkeley Street Boston, MA 02116 Attention: Axel Bichara Charles River Partnership VII 1000 Winter Street Suite 3300 Waltham, MA 02154 Attention: Richard Burnes Digital Bandwidth LLC Bank One Plaza 21 South Clark Street, Suite 3140 Chicago, IL 60603 Attention: David B. Weinberg 11 Bank of America Ventures 950 Tower Lane, Suite 700 Foster City, CA 94404 Attention: Robert Obuch BA Venture Partners III 950 Tower Lane, Suite 700 Foster City, CA 94404 Attention: Robert Obuch Intel Corporation 5200 N.E. Elam Young Parkway Hillsboro, OR 07123 Attention: Ken Matthews SAP America, Inc. 3999 WestChester Pike Newton Square, PA 19073 Attention: Gary Fromer QuestMark Partners, L.P. One South Street, Suite 800 Baltimore, Maryland 21202 Attention: Tim Krongard Riggs Capital Partners 800 17th Street, N.W. Washington, DC 20006-3944 Attention: Vicken Dombalagian Intel 64 Fund Operations, Inc. 2200 Mission College Blvd. Santa Clara, CA 95052 Attn: Portfolio Manager - M/S: RN6-46 With a copy to: Intel Corporation 2200 Mission College Blvd. Santa Clara, CA 95052 Attention: General Counsel Robert S. Fore 520 Georgetown Avenue San Mateo, CA 94402 Edward J. and Joyce V. McCaffrey 23 Warwick Road Winnetka, IL 60093 12 Paul Yovovich Lake Capital 676 N. Michigan, Suite 3900 Chicago, IL 60611 Ralph Mor 11 Brook Road Sharon, MA 02067 Hedva Mor Rechov Hatziporen 6-Aleph Bet Shemesh, ISRAEL 99000 Jeffrey Mor Rechov Hatziporen 6-Aleph Bet Shemesh, ISRAEL 99000 Jean Guy Dahan 12 Colburne Crescent, Apt. #3 Brookline, MA 02146 Naim Murad 75 Glengarry #502 Town of Mount Royal, PQ H3R 1A2 Canada John Meyrick 22 Lotus Avenue Scituate, MA 02066 Brett Phaneuf 380 Pine Street Marshfield, MA 02050 William J. O'Farrell 76 Taber Avenue Providence, RI 02906 Noreen D. O'Farrell 76 Taber Avenue Providence, RI 02906 William Ledingham 15 Wingate Road Wellesley, MA 02181 13 William Haney 61 Lincoln Road Wayland, MA 01778 Anne G. Haney 61 Lincoln Road Wayland, MA 01778 Lighthouse Capital Partners, L.P. 500 Drake's Landing, Suite 260 Greenbrae, CA ###-###-#### Mark Holthouse 163 Upland Road Newtonville, MA ###-###-#### Stephen Smith 4806 Jamestown Road Bethesda, MD 20816 Sol Lerner 10 Flintlock Road Sharon, MA 02067 Henry Lerner One Celler Road Edison, NJ Leonard Epstein 193 Cheswick Road Brighton, MA 02135 Bella Lerner One Celler Road Edison, NJ Miriam Epstein 193 Chiswick Road Brighton, MA 02135 Brian S. Eberman 10 LaFayette Road Newton, MA 02162 14 Lee Capital Holdings, LLC One International Place Boston, MA 02110 Attn: Jonathan Lee Citizens Capital Incorporated 28 State Street, 15th Floor Boston, MA 02109 Attn: Robert Garrow Joseph Murphy 40 Maynard Farm Road Sudbury, MA 01776 Intervoice-Brite, Inc. 17811 Waterview Parkway Dallas, TX 75252 15