1
Exhibit 10.21
SUPPLEMENTAL AGREEMENT
TO
AMENDMENT TO STOCK PURCHASE AGREEMENT
AND
FIRST AMENDMENT TO, AND WAIVER OF CERTAIN TERMS OF,
STOCKHOLDERS' AGREEMENT
THIS SUPPLEMENTAL AGREEMENT (this "Supplemental Agreement") is
entered into on this 9th day of March, 1998 by and among Medscape, Inc. (the
"Company"), the Series C Stockholders of the Company (collectively, the "Series
C Stockholders") and ▇▇▇▇▇▇▇▇▇▇▇/▇▇▇▇▇▇ Information Partners I, L.P. ("BTIP").
WHEREAS, the Company and the Series C Stockholders entered into a
Stock Purchase Agreement ("Stock Purchase Agreement") and a Stockholders'
Agreement ("Stockholders' Agreement"), each dated as of October 31, 1997;
WHEREAS, the Company and the Series C Stockholders have recently
acted to permit BTIP to purchase 699,301 Acquired Preferred Shares for an
aggregate purchase price of $3,000,000 on substantially the same terms and
conditions as contained in the Stock Purchase Agreement (the "BTIP Sale"), and
in furtherance thereof executed a certain Amendment to the Stock Purchase
Agreement dated February 19, 1998 ("Stock Purchase Amendment") and a certain
First Amendment to, and Waiver of Certain Provisions of, the Stockholders'
Agreement dated February 19, 1998 ("First Stockholders' Amendment");
WHEREAS, the Company has received a written offer from Media
Technology Ventures, L.P. and Media Technology Ventures Entrepreneurs Fund,
L.P., both of which are Series C Stockholders (collectively, "MTV"), to
purchase, in the aggregate, an additional 233,100 Acquired Preferred Shares for
an aggregate purchase price of $1,000,000, or $4.29 per share, on substantially
the same terms and conditions as set forth in the Stock Purchase Agreement as
though acquired as of October 31, 1997 (the "MTV Sale");
WHEREAS, the Company, the Series C Stockholders and BTIP desire to
effect the MTV Sale as though the terms and conditions thereof were contemplated
by, and approved pursuant to, the Stock Purchase Amendment and the First
Stockholders' Amendment; and
WHEREAS, it is necessary to amend the Stock Purchase Amendment and
the First Stockholders' Amendment to reflect the aforesaid agreements.
NOW, THEREFORE, for good and valuable consideration, the parties
hereto agree as follows:
SECTION 1. Definitions. Capitalized terms used but not defined
herein shall have the meanings set forth in the Stock Purchase Agreement, as
amended.
2
SECTION 2. Amendments.
(a) The Stock Purchase Amendment and the First Stockholders'
Amendment are each hereby amended, respectively, to include therein the terms
and conditions of the MTV Sale as though consummated as of October 31, 1997, and
any and all actions, amendments, waivers and consents taken, made or rendered
thereby are, to the extent necessary in order to permit the consummation of the
MTV Sale, hereby amended to encompass and effectuate the MTV Sale, including,
specifically, and without limitation, (i) the waiver by each Series C
Stockholder of its rights of first offer under Section 3 of the Stockholders'
Agreement with respect to the MTV Sale, and (ii) the agreement by each Series C
Stockholder, solely for purposes of consummating the MTV Sale, to omit from
Section 10 of the Stock Purchase Agreement the phrase "within ninety (90) days
after the date of the Closing."
(b) Schedule A of the Stock Purchase Agreement is hereby
amended and restated in its entirety as Schedule A hereto, and Schedule 6.3 of
the Stock Purchase Agreement is hereby amended and restated in its entirety as
Schedule 6.3 hereto.
(c) Upon (i) MTV's payment to the Company of the aggregate
purchase price of $1,000,000 for an aggregate of 233,100 Acquired Preferred
Shares, and (ii) MTV's execution of the Addendum Signature Page to the Stock
Purchase Agreement, attached hereto as Schedule B, the Addendum Signature Page
shall be made part of the Stock Purchase Agreement and the Company shall deliver
to MTV stock certificates for the additional Acquired Preferred Shares purchased
by MTV hereunder.
SECTION 3. Conditions to Effectiveness. This Supplemental Agreement
shall become effective upon the execution hereof by the Company, each of the
Series C Stockholders, MTV and BTIP.
SECTION 4. Severability. Any provision of this Supplemental
Agreement which is prohibited or unenforceable in any jurisdiction shall, as to
such jurisdiction, be ineffective to the extent of such prohibition or
unenforceability without invalidating the remaining provisions hereof or
affecting the validity or enforceability of such provision in any other
jurisdiction.
SECTION 5. Captions. The captions in this Supplemental Agreement are
for convenience of reference only and shall not define or limit any of the terms
or provisions hereof.
SECTION 6. Full Force and Effect. Except as amended hereby, the
Stock Purchase Amendment and the First Stockholders' Amendment shall remain in
full force and effect and are hereby ratified, adopted and confirmed in all
respects.
SECTION 7. Governing Law. This Supplemental Agreement shall be
governed and construed in accordance with the laws of the State of New York.
-2-
3
SECTION 8. Counterparts. This Supplemental Agreement may be executed
in any number of counterparts and by different parties hereto on separate
counterparts, each of which counterparts, when so executed and delivered, shall
be deemed to be an original and all of which counterparts taken together, shall
constitute but one and the same agreement.
[The remainder of this page intentionally left blank]
-3-
4
IN WITNESS WHEREOF, the parties hereto have executed this
Supplemental Agreement as of the date first set forth above.
MEDSCAPE, INC.
By: /s/ ▇▇▇▇ ▇. ▇▇▇▇▇▇
----------------------------
Name: ▇▇▇▇ ▇. ▇▇▇▇▇▇
Title: President and CEO
CSK VENTURE CAPITAL CO., LTD., as
investment manager for CSK-1(A)
Investment Fund
By: /s/ Masahiro Aozono
-----------------------------------
Name: Masahiro Aozono
Title: President
CSK VENTURE CAPITAL CO., LTD., as
investment manager for CSK-1(B)
Investment Fund
By: /s/ Masahiro Aozono
-----------------------------------
Name: Masahiro Aozono
Title: President
CSK VENTURE CAPITAL CO., LTD., as
investment manager for CSK-2 Investment
Fund
By: /s/ Masahiro Aozono
-----------------------------------
Name: Masahiro Aozono
Title: President
MEDIA TECHNOLOGY VENTURES,
L.P.
By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇
-----------------------------------
Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇
Title: General Partner
MEDIA TECHNOLOGY VENTURES
ENTREPRENEURS FUND, L.P.
By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇
-----------------------------------
Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇
Title: General Partner
▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇.
▇▇▇▇▇▇▇▇, ▇▇▇▇▇ ▇. ▇▇▇▇, AND
▇▇▇▇▇▇▇▇ ▇.
▇▇▇▇▇▇▇▇▇▇▇▇ TRUSTEES U/A
DATED 9/3/64 F/B/O ▇▇▇▇▇▇ ▇.
▇▇▇▇▇▇▇▇ FAMILY
By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇
-----------------------------------
Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇
Title: Trustee
-4-
5
▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇.
▇▇▇▇▇▇▇▇, ▇▇▇▇ ▇. ▇▇▇▇, AND
▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇▇▇
TRUSTEES U/W/D ▇▇▇▇▇▇▇
▇. ▇▇▇▇▇▇▇▇ F/B/O ▇▇▇▇▇▇ ▇.
▇▇▇▇▇▇▇▇ ARTICLE 9TH
By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇
-----------------------------------
Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇
Title: Trustee
APA EXCELSIOR IV, L.P.
By: APA Excelsior IV Partners, L.P.
its General Partner
By: Patricof & Co. Managers, Inc.
its General Partner
By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇
-----------------------------------
Name: ▇▇▇▇ ▇▇▇▇▇▇▇▇
Title:
APA EXCELSIOR IV/OFFSHORE, L.P.
By: Patricof & Co. Ventures, Inc.
its Investment Advisor
By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇
-----------------------------------
Name: ▇▇▇▇ ▇▇▇▇▇▇▇▇
Title:
THE PATRICOF PRIVATE
INVESTMENT CLUB, L.P.
By: APA Excelsior IV Partners, L.P.
its General Partner
By: Patricof & Co. Managers, Inc.
its General Partner
By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇
-----------------------------------
Name: ▇▇▇▇ ▇▇▇▇▇▇▇▇
Title:
▇▇▇▇▇▇▇ FRERES
By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇
-----------------------------------
Name: ▇▇▇▇▇▇ ▇▇▇▇▇▇▇
Title: Administrateur
BE PARTNERS
By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇
-----------------------------------
Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇
Title: Partner
/s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇
-----------------------------------
▇▇▇▇▇▇ ▇▇▇▇▇▇
▇▇▇▇▇▇▇▇▇▇▇ & CO., INC.
By: /s/ ▇▇▇▇▇▇▇ ▇. ▇.
-----------------------------------
Name: ▇▇▇▇▇▇▇ ▇. ▇.
Title: Managing Director
-5-
6
TOLEDOT INVESTMENTS, L.P.
By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇
-----------------------------------
Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇
Title:
/s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇
▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇
/s/ ▇▇▇▇▇▇ ▇▇▇▇▇
-----------------------------------
▇▇▇▇▇▇ ▇▇▇▇▇
/s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇
-----------------------------------
▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇
/s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇
-----------------------------------
▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇
/s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇
-----------------------------------
▇▇▇▇ ▇▇▇▇▇▇▇▇▇
/s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇
-----------------------------------
▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇, M.D.
▇▇▇▇▇▇▇▇▇▇▇/▇▇▇▇▇▇
INFORMATION PARTNERS I, L.P.
By: ▇▇▇▇▇▇▇▇▇▇▇/▇▇▇▇▇▇ Information
Partners L.L.C., its General Partner
By:/s/ Oakleigh ▇▇▇▇▇▇
-----------------------------------
Name: Oakleigh ▇▇▇▇▇▇
Title: Co-President
-6-
7
SCHEDULE A
================================================================================
Number of
Investor Address Acquired Shares Purchase Price
-------- ------- --------------- --------------
--------------------------------------------------------------------------------
CSK Venture Capital 7th Floor, Kenchiku- 434,783(1) $2,000,000
Co., Ltd. kaikan,
▇-▇▇-▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇-▇▇,
▇▇▇▇▇ ▇▇▇, ▇▇▇▇▇
--------------------------------------------------------------------------------
Media Technology One First Street, 591,583(2) $2,657,288
Ventures, L.P. ▇▇▇▇▇ ▇▇
▇▇▇ ▇▇▇▇▇, ▇▇ ▇▇▇▇▇
--------------------------------------------------------------------------------
Media Technology One First Street, 76,397(3) $ 343,159
Ventures ▇▇▇▇▇ ▇▇
▇▇▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇▇, ▇▇ ▇▇▇▇▇
L.P.
--------------------------------------------------------------------------------
▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇, Bernhard Management 32,609 $ 150,000
▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇, ▇ ▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇
▇▇▇▇▇ ▇. ▇▇▇▇, and ▇▇▇▇ ▇▇▇▇▇
▇▇▇▇▇▇▇▇ ▇. ▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇
Buttenweiser,
Trustees U/A Dated
9/3/64 F/B/O ▇▇▇▇▇▇
▇. ▇▇▇▇▇▇▇▇ Family
--------------------------------------------------------------------------------
▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇ Management 32,608 $ 150,000
▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇, ▇ ▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇
▇▇▇▇ ▇. ▇▇▇▇, and 28th Floor
▇▇▇▇▇▇▇▇ ▇. ▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇
Buttenweiser,
Trustees U/W/D
▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇
F/B/O ▇▇▇▇▇▇ ▇.
▇▇▇▇▇▇▇▇ Article 9th
--------------------------------------------------------------------------------
----------
(1) Includes 123,974 shares of Series C Preferred Stock issued to CSK as
a result of the Series B Exchange.
(2) 206,433 shares of which are being acquired at $4.29 per share
pursuant to this Supplemental Agreement as of October 31, 1997.
(3) 26,667 shares of which are being acquired at $4.29 per share
pursuant to this Supplemental Agreement as of October 31, 1997.
8
--------------------------------------------------------------------------------
▇▇▇▇▇▇▇ Freres Banque D'Escompte 108,696 $ 500,000
▇▇ ▇▇▇▇. ▇▇▇▇▇▇▇▇▇
▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇
--------------------------------------------------------------------------------
▇▇▇▇▇▇▇▇▇▇▇ & Co., World Financial Center 65,217 $ 300,000
Inc. ▇▇▇▇ ▇▇▇▇▇
▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇
Attn: ▇▇▇▇ ▇▇▇▇▇▇▇▇
--------------------------------------------------------------------------------
RHL Ventures LLC c/o ▇▇▇▇▇▇ ▇▇▇▇▇▇ 54,348 $ 250,000
▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇.
▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇
--------------------------------------------------------------------------------
▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ Mole Constructors 21,739 $ 100,000
▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇
▇▇▇▇▇, ▇▇ ▇▇▇▇▇-▇▇▇▇
--------------------------------------------------------------------------------
▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Opus Capital Partners 10,869 $ 50,000
▇▇▇▇ ▇▇▇▇▇▇▇▇
▇▇▇▇ ▇▇▇▇▇
▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇
--------------------------------------------------------------------------------
Toledot Investments, Opus Capital Partners 10,870 $ 50,000
L.P. ▇▇▇▇ ▇▇▇▇▇▇▇▇
▇▇▇▇ ▇▇▇▇▇
▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇
--------------------------------------------------------------------------------
▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Dechert, Price & ▇▇▇▇▇▇ 3,261 $ 15,000
▇▇ ▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇
▇▇▇▇ ▇▇▇▇▇
▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇
--------------------------------------------------------------------------------
▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Dechert, Price & ▇▇▇▇▇▇ 7,609 $ 35,000
▇▇ ▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇
▇▇▇▇ ▇▇▇▇▇
▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇
--------------------------------------------------------------------------------
BE Partners ▇▇▇ ▇▇. ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ 21,739 $ 100,000
▇▇▇▇▇ ▇▇▇▇
▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇
--------------------------------------------------------------------------------
▇▇▇▇▇▇ ▇▇▇▇▇ EDventure Holdings, Inc. 10,870 $ 50,000
▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇
▇▇▇▇ ▇▇▇▇▇
▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇-▇▇▇▇
--------------------------------------------------------------------------------
▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇, Patient Care Technologies 10,870 $ 50,000
M.D. ▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇ ▇▇
▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇
--------------------------------------------------------------------------------
9
--------------------------------------------------------------------------------
APA Excelsior IV, Patricof & Co. Ventures, 181,826 $ 836,400
L.P. Inc.
▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇
▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇
--------------------------------------------------------------------------------
APA Excelsior IV Patricof & Co. Ventures, 32,087 $ 147,600
Offshore, L.P. Inc.
▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇
▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇
--------------------------------------------------------------------------------
The Patricof Private Patricof & Co. Ventures, 3,478 $ 15,999
Investment Club Inc.
▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇
▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇
--------------------------------------------------------------------------------
▇▇▇▇▇▇▇▇▇▇▇/▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇/▇▇▇▇▇▇ 699,301(4) $3,000,000
Information Partners Information Partners
I, L.P. ▇.▇. ▇▇▇ ▇▇▇
▇▇▇▇ ▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇
================================================================================
----------
(4) Acquired at a purchase price of $4.29 per share.
10
SCHEDULE B
Addendum Signature Page to Stock Purchase Agreement
11
ADDENDUM SIGNATURE PAGE
TO
STOCK PURCHASE AGREEMENT
BY AND BETWEEN
MEDSCAPE, INC.
AND
EACH OF THE PERSONS LISTED ON SCHEDULE A
DATED: OCTOBER 31, 1997
This Agreement is executed by the undersigned on February ___,
1998, as though executed as of October 31, 1997; provided, however, that for
purposes of the undersigned's execution of this Agreement and its purchase, in
the aggregate, of 233,100 Acquired Preferred Shares, the Purchase Price shall be
$4.29 per share.
MEDIA TECHNOLOGY VENTURES, L.P.
By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇
---------------------------
Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇
Title: General Partner
MEDIA TECHNOLOGY VENTURES
ENTREPRENEURS FUND, L.P.
By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇
---------------------------
Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇
Title: General Partner
20
12
SCHEDULE 6.3
Shares Owned Options Granted
------------------------------------------------------ ---------------
Series A Series B Series C Class A Class B
Preferred Preferred Preferred Common Common Total
Stockholders Stock Stock Stock Stock Stock Options
------------ ----- ----- ----- ----- ----- -------
The Excelsior Fund I 788,200 264,600
▇▇▇▇▇ ▇▇▇▇▇▇▇▇ 431,600 122,600 103,800
▇▇▇▇▇▇▇ ▇▇▇▇▇▇ 324,000
▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ 152,267 13,333
▇▇▇▇ ▇▇▇▇▇▇▇ 9,000
▇▇▇▇ ▇▇▇▇▇▇▇▇ (and designees) 6,000 46,000
▇▇▇▇▇▇ ▇▇▇▇▇ 10,870 3,000 15,000
▇▇▇▇▇▇ ▇▇▇▇▇▇▇ 6,000 12,000
▇▇▇▇▇▇▇ ▇▇▇▇▇ 16,800 45,601
▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ 3,089
▇▇▇▇▇ ▇▇▇▇▇▇▇▇ 102
▇▇▇▇▇▇▇▇▇ ▇▇▇▇ 21,600 72,000
▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ 32,200
Patricof & Co. Ventures, Inc. 31,200
APA Excelsior IV, L.P. 181,826
APA Excelsior IV/Offshore, L.P. 32,087
The Patricof Private Investment Club 3,478
Louis Del ▇▇▇▇▇▇▇ 15,600
▇▇▇▇▇▇ ▇▇▇▇ 11,600
▇▇▇▇▇▇▇ ▇▇▇▇▇▇ 4,000
▇▇▇▇▇ ▇▇▇▇▇▇▇ 7,620
Medscape Employees 525,089
Employee Reserved Options 181,039
SCP Employees 196,660
▇▇▇▇▇▇/▇▇▇▇▇▇ 100,000
CSK Venture
Capital Co., Ltd. 434,783
Media Technology
Ventures, L.P. 591,583
Media Technology Ventures
Entrepreneurs Fund, L.P. 76,397
13
SCHEDULE 6.3 (continued)
Shares Owned Options Granted
------------------------------------------------------ ---------------
Series A Series B Series C Class A Class B
Preferred Preferred Preferred Common Common Total
Stockholders Stock Stock Stock Stock Stock Options
------------ ----- ----- ----- ----- ----- -------
▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇,
▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇,
▇▇▇▇▇ ▇. ▇▇▇▇, and ▇▇▇▇▇▇▇▇
▇. ▇▇▇▇▇▇▇▇▇▇▇▇, Trustees U/A
Dated 9/3/64 F/B/O ▇▇▇▇▇▇ ▇.
▇▇▇▇▇▇▇▇ Family 32,609
▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇,
▇▇▇▇ ▇. ▇▇▇▇, and ▇▇▇▇▇▇▇▇ ▇.
▇▇▇▇▇▇▇▇▇▇▇▇, Trustees U/W/D
▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ F/B/O ▇▇▇▇▇▇ ▇.
▇▇▇▇▇▇▇▇ Article 9th 32,608
▇▇▇▇▇▇▇ Freres 108,696
▇▇▇▇▇▇▇▇▇▇▇ & Co., Inc. 65,217
RHL Ventures LLC 54,348
▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ 10,869
Toledot Investments, L.P. 10,870
▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ 21,739
BE Partners 21,739
▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ 3,261
▇▇▇▇ ▇▇▇▇▇▇▇▇▇ 7,609
▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇, M.D. 10,870
▇▇▇▇▇▇▇▇▇▇▇/▇▇▇▇▇▇ Information
Partners I, L.P. 699,301
------- -------- --------- ------- ------- ---------
TOTAL: 788,200 0 2,410,760 431,600 698,278 1,643,522