Investors' Rights Agreement - RightNow Technologies Inc., Summit Partners LP, Greylock, Dorsey & Whitney LLP and Gunderson Dettmer LLP
RIGHTNOW TECHNOLOGIES, INC.
AMENDED AND RESTATED INVESTORS' RIGHTS AGREEMENT
December 14, 2000
TABLE OF CONTENTS
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1. | DEFINITIONS | 1 | ||||
2. | REGISTRATION RIGHTS | 2 | ||||
2.1 | Demand Registration | 2 | ||||
2.2 | Company Registration | 3 | ||||
2.3 | Form S-3 Registration | 4 | ||||
2.4 | Obligations of the Company | 5 | ||||
2.5 | Termination of Registration Rights | 6 | ||||
2.6 | Furnish Information | 6 | ||||
2.7 | Indemnification | 6 | ||||
2.8 | Rule 144 Reporting | 8 | ||||
2.9 | Assignment of Registration Rights | 8 | ||||
2.10 | Amendment of Registration Rights | 9 | ||||
2.11 | Limitations on Subsequent Registration Rights | 9 | ||||
2.12 | "Market Stand-Off" Agreement | 9 | ||||
3. | COVENANTS OF THE COMPANY | 9 | ||||
3.1 | Basic Financial Information and Reporting | 9 | ||||
3.2 | Inspection Rights | 10 | ||||
3.3 | Confidentiality of Records | 10 | ||||
3.4 | Employee Agreements | 11 | ||||
3.5 | Insurance | 11 | ||||
3.6 | Internal Revenue Code Section 1202 | 11 | ||||
3.7 | Vesting of Stock Options | 11 | ||||
3.8 | Termination of Covenants | 11 | ||||
4. | RIGHTS OF FIRST REFUSAL | 11 | ||||
4.1 | Subsequent Offerings | 11 | ||||
4.2 | Exercise of Rights | 12 | ||||
4.3 | Issuance of Equity Securities to Other Persons | 12 | ||||
4.4 | Termination of Rights of First Refusal | 12 | ||||
4.5 | Transfer of Rights of First Refusal | 12 | ||||
4.6 | Excluded Securities | 12 | ||||
5. | LEGENDS | 13 | ||||
5.1 | Legends | 13 | ||||
6. | MISCELLANEOUS | 13 | ||||
6.1 | Governing Law | 13 | ||||
6.2 | Survival | 13 | ||||
6.3 | Entire Agreement | 13 | ||||
6.4 | Aggregation of Stock | 14 | ||||
6.5 | Successors and Assigns | 14 | ||||
6.6 | Severability | 14 | ||||
6.7 | Amendment and Waiver | 14 | ||||
6.8 | Delays or Omissions | 14 | ||||
6.9 | Notices, etc. | 14 | ||||
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6.10 | Attorneys' Fees | 14 | ||||
6.11 | Titles and Subtitles | 14 | ||||
6.12 | Counterparts | 14 |
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RIGHTNOW TECHNOLOGIES, INC.
AMENDED AND RESTATED INVESTORS' RIGHTS AGREEMENT
This Amended and Restated Investors' Rights Agreement (the "Agreement") is entered into as of December 14, 2000, by and among RightNow Technologies, Inc., Delaware corporation (the "Company"), those holders of Series A Preferred Stock of the Company (the "Series A Investors") and those holders of Series B Preferred Stock of the Company (the "Series B Investors") as listed on Exhibit A hereto (collectively the "Investors" and individually an "Investor").
Recitals
A. In connection with the prior issuance of its outstanding Series A Preferred Stock (the "Series A Preferred Stock") to the Series A Investors, the Company entered into the Investors' Rights Agreement dated as of December 13, 1999 (the "Original Investors' Rights Agreement") pursuant to which the Company granted the Series A Investors certain registration, first refusal, information and other rights.
B. The Company and the Series B Investors are parties to a Series B Preferred Stock Purchase Agreement (the "Series B Agreement") dated as of December 14, 2000, pursuant to which the Company shall issue and sell 5,000,000 shares of its Series B Preferred Stock (the "Series B Preferred Stock").
C. The execution of this Agreement is a condition to the closing of the transactions contemplated by the Series B Agreement.
D. The Company, the Series A Investors and the Series B Investors wish to enter into this Agreement to amend and supersede the Original Investors' Rights Agreement so as to modify the registration, first refusal, information and other rights contained therein to be as set forth herein and to extend such rights to the Series B Investors.
NOW, THEREFORE, in consideration of the foregoing and the mutual promises and covenants contained herein, the parties hereby agree as follows:
1. DEFINITIONS
1.1 The term "Holder" means any Investor owning of record or having the right to acquire Registrable Securities that have not been sold to the public or any assignee of record of such Registrable Securities in accordance with Section 2.9 hereof.
1.2 The terms "register," "registered," and "registration" refer to a registration effected by preparing and filing a registration statement in compliance with the Securities Act, and the declaration or ordering of effectiveness of such registration statement.
1.3 The term "Registrable Securities" means (a) Common Stock of the Company issuable or issued upon conversion of the Series A Preferred Stock or Series B Preferred Stock held by the Holders (the "Preferred Stock"); (b) shares of Common Stock purchased by the Holders or issuable or issued to Holders upon conversion of other securities purchased by Holders pursuant to their right of first refusal in Section 4 of this Agreement; and (c) any Common Stock of the Company issued as (or issuable upon the conversion or exercise of any warrant, right or other security which is issued as) a dividend or other distribution with respect to, or in exchange for or in replacement of, such above-described securities. Notwithstanding the foregoing, Registrable Securities shall not include any securities sold by a person either pursuant to an effective registration statement, Rule 144 or in a private transaction in which the transferor's rights under Section 2 of this Agreement with respect to such registration rights are not assigned.
1.4 "Securities Act" shall mean the Securities Act of 1933, as amended, or any similar United States federal statute and the rules and regulations of the Commission thereunder, all as the same shall be in effect at the time.
1.5 The term "Form S-3" means such form under the Securities Act as in effect on the date hereof or any successor registration form under the Securities Act subsequently adopted by the SEC which permits inclusion or incorporation of substantial information by reference to other documents filed by the Company with the SEC.
1.6 The term "SEC" or "Commission" means the Securities and Exchange Commission.
2. REGISTRATION RIGHTS
2.1 Demand Registration
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2.2 Company Registration. The Company shall promptly notify all Holders of Registrable Securities in writing at least thirty (30) days prior to the filing of any registration statement under the Securities Act for purposes of a public offering of equity securities of the Company (including, but not limited to, registration statements relating to secondary offerings of equity securities of the Company, but excluding registration statements relating to employee benefit plans or a transaction covered by Rule 145 under the Securities Act) and will afford each such Holder an opportunity to include in such registration statement all or part of such Registrable Securities held by such Holder. Each Holder desiring to include in any such registration statement all or any part of the Registrable Securities held by it shall, within fifteen (15) days after the effective date of the above-described notice from the Company as defined in Section 6.7, so notify the Company in writing. Such notice shall state the intended method of disposition of the Registrable Securities by such Holder. If a Holder decides not to include all of its Registrable Securities in any registration statement thereafter filed by the Company, such Holder shall nevertheless continue to have the right to include any Registrable Securities in any subsequent registration statement or registration statements as may be filed by the Company with respect to offerings of its securities, all upon the terms and conditions set forth herein.
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pursuant to this Section 2.2 shall be conditioned upon such Holder's participation in such underwriting and the inclusion of such Holder's Registrable Securities in the underwriting to the extent provided herein. All Holders proposing to distribute their Registrable Securities through such underwriting shall enter into an underwriting agreement in customary form with the underwriter or underwriters selected for such underwriting. If the underwriter determines in good faith that marketing factors require a limitation of the number of shares to be underwritten, the number of shares that may be included in the underwriting shall be allocated, first, to the Company for its own account; second, to the Holders on a pro rata basis based on the total number of Registrable Securities held by the Holders; and third, to any stockholder (other than a Holder) invoking contractual rights to have their securities registered, if any, on a pro rata basis; provided, in the Initial Offering, the underwriters and the Company, may exclude all of the Registrable Securities held by the Holders. If any Holder disapproves of the terms of any such underwriting, he or she may elect to withdraw therefrom by written notice to the Company and the underwriter. Any Registrable Securities excluded or withdrawn from such underwriting shall be withdrawn from the registration.
2.3 Form S-3 Registration. In case the Company shall receive from any Holder or Holders of Registrable Securities a written request or requests that the Company effect a registration on Form S-3 with respect to all or a part of the Registrable Securities owned by such Holder or Holders, the Company will:
(i) promptly give written notice of the proposed registration to all other Holders of Registrable Securities; and
(ii) use its reasonable best efforts to effect, as soon as practicable, such registration and all qualifications and compliances as may be so requested and as would permit or facilitate the sale and distribution of all or such portion of such Holder's or Holders' Registrable Securities as are specified in such request, together with all or such portion of the Registrable Securities of any other Holder or Holders joining in such request as are specified in a written request given within fifteen (15) days after the effective date of such written notice from the Company as defined in Section 6.7; provided, however, that the Company shall not be obligated to effect any such registration pursuant to this Section 2.3: (a) if Form S-3 is not available for such offering by the Holders, (b) if the Holders, together with the holders of any other securities of the Company entitled to inclusion in such registration, propose to sell Registrable Securities at an aggregate price to the public of less than $1,000,000, (c) if the Company shall furnish to the Holders a certificate signed by the Chief Executive Officer or President of the Company stating that in the good faith judgment of the Board of Directors of the Company, it would be seriously detrimental to the Company and its stockholders for such Form S-3 Registration to be effected at such time, in which event the Company shall have the right to defer the filing of the Form S-3 registration statement for a period of not more than one hundred and twenty (120) days after receipt of the request of the Holder or Holders under this Section 2.3; provided, however, that such right may be exercised by the Company no more than once in any 12 month period, or (d) if the Company has, within the twelve (12) month period preceding the date of such request, already effected one (1) registration on Form S-3 for the Holders pursuant to this Section 2.3.
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(iii) Subject to the foregoing, the Company shall file a Form S-3 registration statement covering the Registrable Securities and other securities so requested to be registered as soon as practicable after receipt of the request or requests of the Holders. The Company shall pay all expenses incurred in connection with any registrations requested pursuant to this Section 2.3 (excluding underwriters' discounts and commissions, which shall be paid by the selling Holders pro rata and any fees and disbursements of counsel for the selling Holders), including without limitation all registration, filing, qualification, printers' and accounting fees, and fees and disbursements of counsel for the Company.
2.4 Obligations of the Company. Whenever required to effect the registration of any Registrable Securities, the Company shall, as expeditiously as reasonably possible:
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requesting registration of Registrable Securities and (ii) a letter dated as of such ate, from the independent certified public accountants of the Company, in form and substance as is customarily given by independent certified public accountants to underwriters in an underwritten public offering and reasonably satisfactory to a majority in interest of the Holders requesting registration, addressed to the underwriters, if any, and to the Holders requesting registration of Registrable Securities.
2.5 Termination of Registration Rights. All registration rights granted under this Section 2 shall terminate and be of no further force and effect as to any Holder upon the earlier of (a) the date five (5) years following the closing of the Initial Offering or (b) such time as such Holder could sell all of the Registrable Securities held by such Holder in any one three-month period under the terms of Rule 144 under the Securities Act, provided that the Company is subject to the reporting requirements of the 1934 Act (as defined below).
2.6 Furnish Information. It shall be a condition precedent to the obligations of the Company to take any action pursuant to Sections 2.1, 2.2 or 2.3 that the selling Holders shall furnish to the Company such information regarding themselves, the Registrable Securities held by them, and the intended method of disposition of such securities as shall be required to effect the registration of their Registrable Securities.
2.7 Indemnification. In the event any Registrable Securities are included in a registration statement under Sections 2.1, 2.2 or 2.3.
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unreasonably withheld), nor shall the Company be liable in any such case for any such loss, claim, damage, liability or action to the extent that it arises out of or is based upon a Violation which occurs in reliance upon and in conformity with written information furnished expressly for use in connection with such registration by such Holder, partner, officer, director, underwriter or controlling person of such Holder.
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contribute to the amount paid or payable by such indemnified party as a result of such loss, claim, damage or liability in such proportion as is appropriate to reflect the relative fault of the indemnifying party on the one hand and of the indemnified party on the other in connection with the Violation(s) that resulted in such loss, claim, damage or liability, as well as any other relevant equitable considerations. The relative fault of the indemnifying party and of the indemnified party shall be determined by a court of law by reference to, among other things, whether the untrue or alleged untrue statement of a material fact or the omission to state a material fact relates to information supplied by the indemnifying party or by the indemnified party and the parties' relative intent, knowledge, access to information and opportunity to correct or prevent such statement or omission.
2.8 Rule 144 Reporting. With a view to making available the benefits of certain rules and regulations of the Commission which may at any time permit the sale of the Registrable Securities to the public without registration, after such time as a public market exists for the Common Stock of the Company, the Company agrees to use its reasonable best efforts to:
2.9 Assignment of Registration Rights. The rights to cause the Company to register Registrable Securities pursuant to this Section 2 may be assigned by a Holder to a transferee or assignee of Registrable Securities; provided, however, that no such transferee or assignee shall be entitled to
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registration rights under Sections 2.1, 2.2 or 2.3 hereof unless it owns a minimum of 100,000 shares of Registrable Securities (as presently constituted and subject to subsequent adjustments for stock splits, stock dividends, reverse stock splits and similar events), and the Company shall promptly be furnished with written notice of the name and address of such transferee or assignee and the securities with respect to which such registration rights are being assigned. Notwithstanding the foregoing, rights to cause the Company to register securities may be assigned to any subsidiary or parent company of a Holder or any partner or affiliated entity of any Holder.
2.10 Amendment of Registration Rights. Any provision of this Section 2 may be amended and the observance thereof may be waived (either generally or in a particular instance and either retroactively or prospectively), only with the written consent of the Company and the Holders of a majority of the Registrable Securities. Any amendment or waiver effected in accordance with this Section 2.10 shall be binding upon each Holder and the Company. By acceptance of any benefits under this Section 2, Holders of Registrable Securities hereby agree to be bound by the provisions hereunder.
2.11 Limitations on Subsequent Registration Rights. After the date of this Agreement, the Company shall not, without the prior written consent of the Holders of a majority of the Registrable Securities, enter into any agreement with any holder or prospective holder of any securities of the Company that would permit such holder or prospective holder (a) to include such securities in any registration filed under Section 2.1 hereof, unless under the terms of such agreement, such holder or prospective holder may include such securities in any such registration only to the extent that the inclusion of his or her securities will not reduce the amount of the Registrable Securities of the Holders which is included or (b) to make a demand registration which could result in such registration statement being declared effective prior to the earlier of either of the dates set forth in subsection 2.1 or within one hundred twenty (120) days of the effective date of any registration effected pursuant to Section 2.1.
2.12 "Market Stand-Off" Agreement. Each Holder hereby agrees that during the one hundred eighty (180)-day period following the effective date of a registration statement of the Company filed under the 1933 Act, it shall not, to the extent requested by the Company and the managing underwriter, sell or otherwise transfer or dispose of (other than to donees who agree to be similarly bound) any Common Stock of the Company held by it at any time during such period except Common Stock included in such registration; provided, however, that:
In order to enforce the foregoing covenant, the Company may impose stop-transfer instructions with respect to the Registrable Securities of each Holder (and the shares or securities of every other person subject to the foregoing restriction) until the end of such period.
3. COVENANTS OF THE COMPANY
3.1 Basic Financial Information and Reporting.
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3.2 Inspection Rights. So long as a Holder shall own at least 250,000 shares of Registrable Securities (as presently constituted and subject to subsequent adjustments for stock splits, stock dividends, reverse stock splits and similar events), each such Holder (at such Holder's expense) shall have the right to visit and inspect any of the properties of the Company or any of its subsidiaries, and to discuss the affairs, finances and accounts of the Company or any of its subsidiaries with its officers, all at such reasonable times and as often as may be reasonably requested; provided, however, that the Company shall not be obligated under this Section 3.2 with respect to a competitor of the Company or with respect to information which the Board of Directors determines in good faith is confidential and should not, therefore, be disclosed.
3.3 Confidentiality of Records. Each Holder agrees to use, and to use its reasonable best efforts to insure that its authorized representatives use, the same degree of care as such Holder uses to protect its own confidential information to keep confidential any information furnished to it which the Company identified or marked as being confidential or proprietary (so long as such information is not in the public domain), except that such Holder may disclose such proprietary or confidential information to any partner, subsidiary or parent of such Holder for the purpose of evaluating its investment in the Company as long as such partner, subsidiary or parent is advised of the confidentiality provisions of this Section 3.3.
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3.4 Employee Agreements. All future employees of the Company and consultants to the Company shall be required to execute an Employee Inventions and Proprietary Rights Assignment Agreement substantially in the form attached as Exhibit G to the Series B Agreement, with such amendments thereto or deviations therefrom as the Board of Directors may from time to time deem appropriate.
3.5 Insurance. The Company agrees to maintain valid policies of workers' compensation insurance and, to the extent such insurance is available on commercially reasonable terms, insurance with respect to its properties and business of the kinds and in the amounts not less than is customarily obtained by corporations engaged in the same or similar business and similarly situated, including, without limitation, insurance against loss, damage, fire, theft, public liability and other risks. In addition, the Company agrees to maintain a key man life insurance policy on Greg Gianforte.
3.6 Internal Revenue Code Section 1202. The Company shall furnish to each Purchaser, and shall make such filings with the Internal Revenue Service, as shall from time to time be required pursuant to Section 1202(d)(1) of the Internal Revenue Code of 1986, as amended (the "Code"). In addition, the Company agrees that it will not make any purchases of its stock within the meaning of and which would exceed the limitation contained in Section 1202(c)(3)(B) of the Code, unless such purchases (i) have been consented to by holders of a majority of the Series A Preferred and Series B Preferred, acting together as a single class, or (ii) are required by contractual obligations entered into prior to the closing of the transaction contemplated by the Series A Agreement. Any such information provided to the Investor under this Section 3.6 shall not be disclosed by any Investor to any party except as required and solely in order for such Purchaser to claim any benefits under Section 1202 of the Code.
3.7 Vesting of Stock Options. After the closing of the transaction contemplated by the Series A Agreement, the standard vesting schedule for options to purchase shares of Common Stock of the Company granted to employees and directors of the Company under the Company's 1998 Long-Term Incentive and Stock Option Plan and any other stock option plans of the Company shall provide for vesting over a four (4)-year period, although alternative vesting schedules may be used with respect to certain options if deemed by the Board of Directors of the Company to be in the best interest of the Company. All stock options or rights to purchase stock of the Company granted to employees, officers, directors or consultants shall grant to the Company a right of first refusal to purchase any and all stock acquired on exercise of the option or other right to purchase such stock.
3.8 Termination of Covenants. All covenants of the Company contained in Section 3 of this Agreement shall expire and terminate as to each Holder upon the date that the Company first becomes subject to the reporting obligations of the 1934 Act.
4. RIGHTS OF FIRST REFUSAL.
4.1 Subsequent Offerings. Each Holder shall have a right of first refusal to purchase its pro rata share of all Equity Securities (as defined below) that the Company may, from time to time, propose to sell and issue after the date of this Agreement, other than the Equity Securities excluded by Section 4.6 hereof. Each Holder's pro rata share is equal to the ratio of the number of shares of Preferred Stock (or Common Stock issuable upon conversion thereof) with respect to which such Holder is deemed to be a holder immediately prior to the issuance of such Equity Securities to the total number of outstanding shares of Preferred Stock or Common Stock of the Company. Equity Securities shall mean shares of, or securities convertible into or exercisable for any shares of, any class of the Company's capital stock.
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4.2 Exercise of Rights. If the Company proposes to issue any Equity Securities, it shall give each Holder written notice of its intention, describing the Equity Securities, the price, and the terms and conditions upon which the Company proposes to issue the same. Each Holder shall have fifteen (15) days from the effective date of such notice as defined in Section 6.7 to agree to purchase its pro rata share of the Equity Securities for the price and upon the terms and conditions specified in the notice by giving written notice to the Company and stating therein the quantity of Equity Securities to be purchased. Notwithstanding the foregoing, the Company shall not be required to offer or sell such Equity Securities to any Holder who would cause the Company to be in violation of applicable federal securities laws by virtue of such offer or sale.
4.3 Issuance of Equity Securities to Other Persons. If the Holders fail to exercise in full the rights of first refusal within such fifteen (15)-day period, the Company shall have ninety (90) days thereafter to sell the Equity Securities in respect of which the Holders' rights were not exercised, at a price and upon terms and conditions no more favorable to the purchasers thereof than specified in the Company's notice to the Holders pursuant to Section 4.2 hereof. If the Company has not sold such Equity Securities within such ninety (90) days, the Company shall not thereafter issue or sell any Equity Securities, without first offering such securities to the Holders in the manner provided above.
4.4 Termination of Rights of First Refusal. The rights of first refusal established by this Section 4 shall terminate upon the closing of an underwritten public offering of Common Stock of the Company made pursuant to an effective registration statement under the Securities Act.
4.5 Transfer of Rights of First Refusal. The rights of first refusal of each Holder under this Section 4 may be transferred (a) to any subsidiary or parent company of such Holder, to any partner or affiliated entity of such Holder or to any successor in interest to all or substantially all the assets of such Holder, or (b) with respect to at least 100,000 shares of Registrable Securities (as presently constituted and subject to subsequent adjustments for stock splits, stock dividends, reverse stock splits and similar events), to a transferee other than a direct competitor of the Company, provided that the Company is given written notice by the Holder stating the name and address of the transferee and identifying the Registrable Securities with respect to which the rights under this Section 4 are being assigned.
4.6 Excluded Securities. The rights of first refusal established by this Section 4 shall have no application to any of the following Equity Securities:
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5. LEGENDS.
5.1 Legends. Each Investor understands that the share certificates evidencing any Registrable Securities shall be endorsed with the following legends (in addition to any legends required under applicable state securities laws):
6. MISCELLANEOUS.
6.1 Governing Law. This Agreement shall be governed in all respects by the laws of California.
6.2 Survival. The representations, warranties, covenants, and agreements made herein shall survive any investigation made by any Holder and the closing of the transactions contemplated hereby. All statements as to factual matters contained in any certificate or other instrument delivered by or on behalf of the Company pursuant hereto in connection with the transactions contemplated hereby shall be deemed to be representations and warranties by the Company hereunder solely as of the date of such certificate or instrument.
6.3 Entire Agreement. This Agreement constitutes the entire understanding and agreement among the parties with regard to the subject matter herein. All prior agreements among any of the parties (including the Original Investors' Rights Agreement) are hereby terminated effective immediately.
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6.4 Aggregation of Stock. All shares of Registrable Securities held or acquired by affiliated entities or persons shall be aggregated together for the purpose of determining the availability of any rights under this Agreement.
6.5 Successors and Assigns. Except as otherwise expressly provided herein, the provisions hereof shall inure to the benefit of, and be binding upon, the successors, assigns, heirs, executors, and administrators of the parties hereto and shall inure to the benefit of and be enforceable by each person who shall be a holder of Registrable Securities from time to time; provided, however, that prior to the receipt by the Company of adequate written notice of the transfer of any Registrable Securities specifying the full name and address of the transferee, the Company may deem and treat the person listed as the holder of such shares in its records as the absolute owner and holder of such shares for all purposes, including the payment of dividends or any redemption price.
6.6 Severability. In case any provision of the Agreement shall be invalid, illegal, or unenforceable, the validity, legality, and enforceability of the remaining provisions shall not in any way be affected or impaired thereby.
6.7 Amendment and Waiver.
6.8 Delays or Omissions. It is agreed that no delay or omission to exercise any right, power, or remedy accruing to any Holder, upon any breach, default or noncompliance of the Company under this Agreement shall impair any such right, power, or remedy, nor shall it be construed to be a waiver of any such breach, default or noncompliance, or any acquiescence therein, or of or in any similar breach, default or noncompliance thereafter occurring. It is further agreed that any waiver, permit, consent, or approval of any kind or character on any Holder's part of any breach, default or noncompliance under the Agreement or any waiver on such Holder's part of any provisions or conditions of this Agreement must be in writing and shall be effective only to the extent specifically set forth in such writing. All remedies, either under this Agreement, by law, or otherwise afforded to Holders, shall be cumulative and not alternative.
6.9 Notices, etc. Any notice required or permitted by this Agreement shall be in writing and shall be deemed effective on the date of delivery, when delivered personally or by overnight courier, upon electronic confirmation of receipt when or sent by telegram or fax, or forty-eight (48) hours after being deposited in the U.S. mail, as certified or registered mail, with postage prepaid, and addressed to the party to be notified at such party's address or fax number as set forth on Exhibit A, or as subsequently modified by written notice.
6.10 Attorneys' Fees. If legal action is brought to enforce or interpret this Agreement, the prevailing party shall be entitled to recover its reasonable attorneys' fees and legal costs in connection therewith.
6.11 Titles and Subtitles. The titles of the paragraphs and subparagraphs of this Agreement are for convenience of reference only and are not to be considered in construing this Agreement.
6.12 Counterparts. This Agreement may be executed in any number of counterparts, each of which shall be an original, but all of which together shall constitute one instrument.
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IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date set forth in the first paragraph hereof.
COMPANY:
RIGHTNOW TECHNOLOGIES, INC. | |||
By: | /s/ GREG GIANFORTE Greg Gianforte, Chief Executive Officer |
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SERIES B INVESTORS: | ||||||||||
SUMMIT ACCELERATOR FUND, L.P. | ||||||||||
By: | SUMMIT ACCELERATOR PARTNERS, L.L.C. Its General Partner | |||||||||
By: | Summit Accelerator Management, L.P. A Member | |||||||||
By: | Summit Accelerator Management, L.L.C. Its General Partner | |||||||||
By: | /s/ CW SHEELINE A Managing Member | |||||||||
SUMMIT ACCELERATOR FOUNDERS FUND, L.P. | ||||||||||
By: | Summit Accelerator Partners, L.L.C. Its General Partner | |||||||||
By: | Summit Accelerator Management, L.P. A Member | |||||||||
By: | Summit Accelerator Management, L.L.C. Its General Partner | |||||||||
By: | /s/ CW SHEELINE A Managing Member | |||||||||
SUMMIT (SAF) INVESTORS IV, L.P. | ||||||||||
By: | SUMMIT ACCELERATOR PARTNERS, L.L.C. Its General Partner | |||||||||
By: | Summit Accelerator Partners, L.L.C. | |||||||||
By: | /s/ CW SHEELINE A Managing Member |
GREYLOCK IX LIMITED PARTNERSHIP | ||||
By: | Greylock IX GP Limited Partnership, its general partner | |||
By: | /s/ ROGER EVANS General Partner | |||
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GREYLOCK X LIMITED PARTNERSHIP | ||||
By: | Greylock X GP Limited Partnership, its general partner | |||
By: | /s/ ROGER EVANS General Partner | |||
GREYLOCK X-A LIMITED PARTNERSHIP | ||||
By: | Greylock X GP Limited Partnership, its general partner | |||
By: | /s/ ROGER EVANS General Partner | |||
CFSB TECHNOLOGY HOLDINGS 2000, LLC | ||||
By: | /s/ WJB BRADY | |||
U.S. BANK, NATIONAL ASSOCIATION, AS TRUSTEE OF DORSEY & WHITNEY MASTER TRUST FBO JOHN MANNING | ||||
By: | /s/ M.R. BRAUN Trustee | |||
/s/ ROBERT J. RYAN Robert J. Ryan | ||||
/s/ NAREN GUPTA Naren Gupta Trustee, Narendra & Vinita Gupta Living Trust, Dated 12/2/94 | ||||
/s/ WILLIAM J. LANSING William J. Lansing | ||||
/s/ MARGARET L. TAYLOR Margaret L. Taylor | ||||
Brooks Stough | ||||
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G&H Partners | ||||
/s/ BROOKS STOUGH By: Brooks Stough, its Partner | ||||
/s/ KRAIG LANG Kraig Lang | ||||
/s/ BRUCE A. MACKENZIE Bruce A. MacKenzie | ||||
D&W Ventures II, LLC | ||||
By: | William H. Hippee, Jr., Manager | |||
John W. Manning | ||||
/s/ LAWRENCE T. MARTINEZ Lawrence T. Martinez |
SERIES A INVESTORS: | ||||
GREYLOCK IX LIMITED PARTNERSHIP | ||||
By: | Greylock IX GP Limited Partnership, its general partner | |||
By: | /s/ ROGER L. EVANS Roger L. Evans, General Partner | |||
GREYLOCK X LIMITED PARTNERSHIP | ||||
By: | Greylock X GP Limited Partnership, its general partner | |||
By: | /s/ ROGER L. EVANS Roger L. Evans, General Partner | |||
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GREYLOCK X-A LIMITED PARTNERSHIP | ||||
By: | Greylock X GP Limited Partnership, its general partner | |||
By: | /s/ ROGER L. EVANS Roger L. Evans, General Partner |
SUMMIT ACCELERATOR FUND, L.P. | ||||||||||
By: | SUMMIT ACCELERATOR PARTNERS, L.L.C. Its General Partner | |||||||||
By: | Summit Accelerator Management, L.P. A Member | |||||||||
By: | Summit Accelerator Management, L.L.C. Its General Partner | |||||||||
By: | /s/ CW SHEELINE A Managing Member | |||||||||
SUMMIT ACCELERATOR FOUNDERS FUND, L.P. | ||||||||||
By: | Summit Accelerator Partners, L.L.C. Its General Partner | |||||||||
By: | Summit Accelerator Management, L.P. A Member | |||||||||
By: | Summit Accelerator Management, L.L.C. Its General Partner | |||||||||
By: | /s/ CW SHEELINE A Managing Member | |||||||||
19
SUMMIT (SAF) INVESTORS IV, L.P. | ||||||||||
By: | Summit Accelerator Partners, L.L.C. | |||||||||
By: | /s/ CW SHEELINE A Managing Member | |||||||||
/s/ ROBERT J. RYAN Robert J. Ryan | ||||||||||
/s/ GREG R. GIANFORTE Greg R. Gianforte | ||||||||||
/s/ SUSAN J. CARSTENSEN Susan J. Carstensen |
20
EXHIBIT A
SERIES A INVESTORS
GREYLOCK IX LIMITED PARTNERSHIP
GREYLOCK X LIMITED PARTNERSHIP
GREYLOCK X-A LIMITED PARTNERSHIP
Address: | 2929 Campus Drive, Suite 400 San Mateo, California 94403-2590 | |
Fax: 650-493-5575 | ||
GREG R. GIANFORTE | ||
Address: | c/o RightNow Technologies, Inc. 77 Discovery Drive Bozeman, Montana 59718 | |
Fax: 406-522-4208 | ||
ROBERT J. RYAN | ||
Address: | 77 Storm King Road Hamilton, Montana 59840 | |
Fax: 406 363-0155 | ||
SUSAN J. CARSTENSEN | ||
Address: | c/o RightNow Technologies, Inc. 77 Discovery Drive Bozeman, Montana 59718 | |
Fax: 406-522-2908 | ||
SUMMIT ACCELERATOR FUND, L.P. SUMMIT ACCELERATOR FOUNDERS FUND, L.P. SUMMIT (SAF) INVESTORS IV, L.P. | ||
Address: | 499 Hamilton Ave., Suite 200 Palo Alto, California 94301 Attention: Kip Sheeline | |
Fax: 650 321-1188 |
EXHIBIT A
SERIES B INVESTORS:
SUMMIT ACCELERATOR FUND, L.P. | ||
Address: | 499 Hamilton Ave., Suite 200 Palo Alto, California 94301 Attention: Kip Sheeline | |
Fax: 650-614-6194 | ||
SUMMIT ACCELERATOR FOUNDERS FUND, L.P. | ||
Address: | 499 Hamilton Ave., Suite 200 Palo Alto, California 94301 Attention: Kip Sheeline | |
Fax: 650-614-6194 | ||
SUMMIT (SAF) INVESTORS IV, L.P. | ||
Address: | 499 Hamilton Ave., Suite 200 Palo Alto, California 94301 Attention: Kip Sheeline | |
Fax: 650-614-6194 | ||
GREYLOCK IX LIMITED PARTNERSHIP | ||
Address: | 2929 Campus, Suite 400 San Mateo, California 94403-2590 | |
Fax: 650-493-5575 | ||
GREYLOCK X LIMITED PARTNERSHIP | ||
Address: | 2929 Campus, Suite 400 San Mateo, California 94403-2590 | |
Fax: 650-493-5575 | ||
GREYLOCK X-A LIMITED PARTNERSHIP | ||
Address: | 2929 Campus, Suite 400 San Mateo, California 94403-2590 | |
Fax: 650-493-5575 | ||
CREDIT SUISSE FIRST BOSTON CORPORATION | ||
Address: | 1776 Sacramento, Street # 406 San Francisco, CA 94109 | |
Fax: 415-775-7994 | ||
ROBERT J. RYAN | ||
Address: | 77 Storm King Road Hamilton, Montana 59840 | |
Fax: 406-363-0155 | ||
NAREN GUPTA | ||
Address: | 201 Moffett Park, Dr. Sunnyvale, CA 94089 | |
Fax: 650-850-1154 | ||
WILLIAM J. LANSING | ||
Address: | 225 Bush Street San Francisco, CA 94104 | |
Fax: (415) 373-6820 | ||
MARGARET L. TAYLOR | ||
Address: | c/o Nevada Pacific 956 Lakeshore Blvd. Incline Village, NV 89451 | |
Fax: 775-831-7711 | ||
KRAIG LANG | ||
Address: | P.O. Box 322 Choteau, MT 59422 | |
Fax: 406-466-3535 | ||
G&H PARTNERS | ||
Address: | c/o Jonathan Gleason 155 Constitution Drive Menlo Park, CA 94025 | |
Fax: 650-321-2800 | ||
D&W VENTURES II, LLC | ||
Address: | c/o William H. Hippee, Jr. 220 South Sixth Street Minneapolis, MN 55402 | |
Fax: 612-340-7800 | ||
BRUCE A. MACKENZIE | ||
Address: | 507 Davidson Building 8 Third Street North Great Falls, MT 59401 | |
Fax: 406-727-3638 | ||
LAWRENCE MARTINEZ | ||
Address: | 507 Davidson Building 8 Third Street North Great Falls, MT 59401 | |
Fax: 406-727-3638 | ||
JOHN W. MANNING | ||
Address: | 507 Davidson Building 8 Third Street North Great Falls, MT 59401 | |
Fax: 406-727-3638 |