Investor Rights Agreement(投資者權(quán)利協(xié)議)-6

-11-InvestorRightsAgreement(投資者權(quán)利協(xié)議)核心提示：AAAINC.THIRDAMENDEDANDRESTATEDINVESTORRIGHTSAGREEMENTThisThirdAmendedandRestatedInvestorRightsAgreement(thisAgreement)ismadeandenteredintoasof_________,_________,_________(M,D,Y)byandamongAAAInc.,a_________(PlacenameAAAINC.THIRDAMENDEDANDRESTATEDINVESTORRIGHTSAGREEMENTThisThirdAmendedandRestatedInvestorRightsAgreement(thisAgreement)ismadeandenteredintoasof_________,_________,_________(M,D,Y)byandamongAAAInc.,a_________(Placename)corporation(theCompany)formerlyknownasInternetTechnologies_________(Country)Incorporated,andthepersonsandentitieswhoaresignatoriesheretoandlistedonExhibitAhereto(individually,anInvestorand,collectively,theInvestors).RECITALSA.TheInvestorshavepurchasedfromtheCompany,andtheCompanyhassoldtotheInvestors,sharesoftheCompany’sSeriesBConvertiblePreferredStock(SeriesBPreferredStock),theCompany’sSeriesB-1ConvertiblePreferredStock(SeriesB-1PreferredStock),theCompany’sSeriesCConvertiblePreferredStock(SeriesCPreferredStock)ortheCompany’sSeriesDConvertiblePreferredStock(SeriesDPreferredStock)(SeriesBPreferredStock,SeriesB-1PreferredStock,SeriesCPreferredStockandSeriesDPreferredStocktogether,PreferredStock)onthetermsandconditionssetforthin(a)aSeriesBPreferredStockPurchaseAgreement(theSeriesBPurchaseAgreement)datedasof_________,_________,_________(M,D,Y)betweentheCompanyandtheInvestorsnamedtherein,(b)aSeriesB-1PreferredStockPurchaseAgreement(theSeriesB-1PurchaseAgreement)datedasof_________,_________,_________(M,D,Y)betweentheCompanyandtheInvestornamedtherein,(c)aSeriesCPreferredStockPurchaseAgreement(theSeriesCPurchaseAgreement)datedasof_________,_________,_________(M,D,Y)betweentheCompanyandtheInvestorsnamedthereinand(d)oneormoreSeriesDPreferredStockPurchaseAgreementsbetweentheCompanyandtheInvestorsnamedtherein(theSeriesDPurchaseAgreements,togetherwiththeSeriesBPurchaseAgreement,theSeriesB-1PurchaseAgreementandtheSeriesCPurchaseAgreement,thePurchaseAgreements).B.TheCompanyandtheInvestorswhicharepartiestotheSeriesBPurchaseAgreement,theSeriesB-1PurchaseAgreementandtheSeriesCPurchaseAgreement(theInitialInvestors)arepartiestoaSecondAmendedandRestatedInvestorRightsAgreementdatedasof_________,_________,_________(M,D,Y)(theSecondAmendedandRestatedInvestorRightsAgreement);C.CertainoftheobligationsoftheCompanyandoftheInvestorswhicharepartiestheretoundertheSeriesDPurchaseAgreements(theAdditionalInvestors)areconditionedupontheamendmentandrestatementoftheSecondAmendedandRestatedInvestorRightsAgreementtoaddtheAdditionalInvestorsaspartiesandtomakesuchadditionalchangesasaresetforth.NOW,THEREFORE,inconsiderationoftheforegoingrecitals,themutualpromiseshereinaftersetforth,andothergoodandvaluableconsideration,thereceiptandsufficiencyofwhichareherebyacknowledged,thepartiesheretoagreeasfollows:1.INFORMATIONRIGHTS.1.1InformationandInspectionRights.TheCompanycovenantsandagreesthatforsolongasanInvestorholdsanysharesofPreferredStockissuedunderthisAgreementoranyofthePurchaseAgreements,theCompanywilldelivertosuchInvestor:(a)auditedannualfinancialstatementswithin90daysaftertheendofeachfiscalyear;(b)unauditedquarterlyfinancialstatementswithin45daysoftheendofeachfiscalquarter;(c)unauditedmonthlyfinancialstatementswithin30daysoftheendofeachmonth;(d)anannualbudgetforthefollowingfiscalyearwithin30dayspriortotheendofeachfiscalyear;and(e)uponthewrittenrequestbytheInvestor,suchotherinformationastheInvestorshallreasonablyrequest,includingwithoutlimitationtablesofstockownershipintheCompanynotlessfrequentlythanquarterly.TheCompanyfurthercovenantsandagreesthatforsolongasanInvestorholdsanysharesofPreferredStockissuedunderthisAgreementorthePurchaseAgreements,suchInvestorshallhavestandardinspectionrights.TheseinformationandinspectionrightsshallterminateuponconsummationofanunderwritteninitialpublicofferingofsharesofCommonStockoftheCompany(theIPO).FollowingtheIPO,theCompanyshalldelivertotheInvestorcopiesoftheCompany’s10-K’s,10-Q’s,8-K’sandAnnualReportstoShareholderspromptlyaftersuchdocumentsarefiledwiththeSEC.1.2BoardObserver.SolongasanInvestorholdsatleast190,000sharesofPreferredStock(suchnumbertobeproportionatelyadjustedforstocksplits,stockdividends,andsimilarevents),theCompanywillpermitarepresentativeofsuchInvestor(theObserver)toattendallmeetingsoftheCompany’sBoardofDirectors(theBoard)andallcommitteesthereof(whetherinperson,telephonicorother)inanon-voting,observercapacityandshallprovidetotheInvestor,concurrentlywiththemembersoftheBoard,andinthesamemanner,noticeofsuchmeetingandacopyofallmaterialsprovidedtosuchmembers;provided,thatifarepresentativeofanInvestorisamemberoftheBoard,suchInvestorshallnothavetherighttoappointanObserver.TheCompanyacknowledgesthatanyInvestorwilllikelyhave,fromtimetotime,informationthatmaybeofinteresttotheCompany(Information)regardingawidevarietyofmattersincluding,bywayofexampleonly,(1)Investor’stechnologies,plansandservices,andplansandstrategiesrelatingthereto,(2)currentandfutureinvestmentsInvestorhasmade,maymake,mayconsiderormaybecomeawareofwithrespecttoothercompaniesandothertechnologies,productsandservices,including,withoutlimitation,technologies,productsandservicesthatmaybecompetitivewiththeCompany’s,and(3)developmentswithrespecttothetechnologies,productsandservices,andplansandstrategiesrelatingthereto,ofothercompanies,including,withoutlimitation,companiesthatmaybecompetitivewiththeCompany.TheCompanyrecognizesthataportionofsuchInformationmaybeofinteresttotheCompany.SuchInformationmayormaynotbeknownbytheObserver.TheCompany,asamaterialpartoftheconsiderationforthisAgreement,agreesthateachInvestoranditsObservershallhavenodutytodiscloseanyInformationtotheCompanyorpermittheCompanytoparticipateinanyprojectsorinvestmentsbasedonanyInformation,ortootherwisetakeadvantageofanyopportunitythatmaybeofinteresttotheCompanyifitwereawareofsuchInformation,andherebywaives,totheextentpermittedbylaw,anyclaimbasedonthecorporateopportunitydoctrineorotherwisethatcouldlimitsuchInvestor’sabilitytopursueopportunitiesbasedonsuchInformationorthatwouldrequireInvestororObservertodiscloseanysuchInformationtotheCompanyorofferanyopportunityrelatingtheretototheCompany.1.3GAAPFinancialStatements.Fromandafterthedatehereof,allauditedandunauditedfinancialstatementspreparedbytheCompanyshallbepreparedinaccordancewith_________(Country)generallyacceptedaccountingprinciples(GAAP),andallauditsoftheCompany’sfinancialstatementsshallbeconductedbyoneofthe_________(Country)basedBigFiveaccountingfirms.2.REGISTRATIONRIGHTS.2.1Definitions.ForpurposesofthisSection2:(a)Registration.Thetermsregister,registered,andregistrationrefertoaregistrationeffectedbypreparingandfilingaregistrationstatementincompliancewiththeSecuritiesActof1933,asamended,(theSecuritiesAct),andthedeclarationororderingofeffectivenessofsuchregistrationstatementbytheSEC.(b)RegistrableSecurities.ThetermRegistrableSecuritiesmeans:(1)anyCommonStockoftheCompanyissuedortobeissuedpursuanttoconversionofanysharesofPreferredStockissued(A)underthePurchaseAgreements,and(B)pursuanttotheRightofParticipation(definedinSection3hereof),(2)anysharesofCommonStockoftheCompanyissuedas(orissuableupontheconversionorexerciseofanywarrant,rightorothersecuritywhichisissuedas)adividendorotherdistributionwithrespectto,orinexchangefororinreplacementof,anysharesofPreferredStockdescribedinclause(1)ofthissubsection(b)and(3)anyotherCommonStockoftheCompanyownedorhereafteracquiredbytheInvestor,provided,however,thatsharesofCommonStockoftheCompanynowownedorhereafteracquiredbyanyofEdwardB.Roberts,BrantC.BinderorNicholasNegroponteupontheexerciseofoptionsorwarrantsorupontheconversionintoCommonStockofsharesofSeriesAConvertiblePreferredStockoftheCompanyownedbyhimshallnotbeRegistrableSecurities.Notwithstandingtheforegoing,RegistrableSecuritiesshallexcludeanyRegistrableSecuritiessoldbyapersoninatransactioninwhichrightsunderthisSection2arenotassignedinaccordancewiththisAgreementoranyRegistrableSecuritiessoldinapublicoffering,whethersoldpursuanttoRule144promulgatedundertheSecuritiesAct,orinaregisteredoffering,orotherwise.(c)RegistrableSecuritiesThenOutstanding.ThenumberofsharesofRegistrableSecuritiesthenoutstandingshallmeanthenumberofsharesofCommonStock