AMENDMENT TO FIFTH AMENDED AND RESTATED INVESTORS RIGHTS AGREEMENT June 22, 2006 AMENDMENT TO FIFTH AMENDED AND RESTATED INVESTORS RIGHTS AGREEMENT
Contract Categories:
Business Finance
- Investor Rights Agreements
EX-4.3 12 v045996_ex4-3.htm
AMENDMENT TO
FIFTH AMENDED AND RESTATED
INVESTORS’ RIGHTS AGREEMENT
June 22, 2006
AMENDMENT TO
FIFTH AMENDED AND RESTATED
INVESTORS’ RIGHTS AGREEMENT
THIS AMENDMENT TO THE FIFTH AMENDED AND RESTATED INVESTORS’ RIGHTS AGREEMENT ("Amendment") is made as of the 22nd day of June, 2006, by and among Wintegra, Inc., a Delaware corporation (the “Company”) and at least the Majority of the Preferred Registrable Securities and at least one Founder, all as defined in the Fifth Amended and Restated Investors' Rights Agreement executed as of January, 2006 between the Company and certain Investors named therein (the "IRA").
RECITALS
WHEREAS, the Company and the parties hereto wish to amend the IRA;
NOW, THEREFORE, THE PARTIES HEREBY AGREE AS FOLLOWS:
1. | Amendment. Section 3.1(iv) shall be amended in its entirety as follows: |
(iv) | “Shares” shall not include: (i) the issuance or sale of shares of stock (or options therefor) to employees, directors and consultants under stock plans approved by the Company’s Board of Directors; (ii) the issuance of securities pursuant to the conversion or exercise of convertible or exercisable securities; (iii) any dividend payable in shares of Common Stock or any shares issued upon a subdivision or combination of such shares; (iv) the issuance of securities in connection with acquisitions of assets, businesses or companies, made by the Company or settlements of claims involving the Company (v) the issuance of securities constituting up to 10% of the outstanding share capital of the Company immediately prior to such issuance, to a Strategic Investor, (herein defined as an entity that has entered into a material agreement with the Company such as an OEM agreement, agreement for purchase and/or sale of goods, or a joint project), which Strategic Investor has been designated as a Strategic Investor by a majority of the Board of Directors with the affirmative vote of at least two of the Board members appointed by the holders of Preferred Stock; (vi) the issuance and sale of shares of Common Stock in connection with an Initial Offering; and (vi) issuance of securities or warrants to a lending institution in connection with a Hybrid Financing, as defined in and subject to subsection 3.2 (v ) below. |
2. | Survival. Except as explicitly stated herein, the IRA shall remain in full force and effect. |
3. | Governing Law. Since certain of the Investors are based in Israel, this Amendment shall be governed by and construed under the laws of the State of Israel as applied to agreements among Israel residents entered into and to be performed entirely within Israel. However, corporate law matters will be governed by and construed under the laws of the State of Delaware. |
4. | Counterparts. This Amendment may be executed in two or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument. |
[REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]
2
Signature page -
Amendment to Fifth Amended and Restated Investors' Rights Agreement - Company
IN WITNESS WHEREOF, the parties have executed this Amendment as of the date first above written.
3