Investor‘’s Rights Agreement(投資者權(quán)利協(xié)議)

-20-Investor’’sRightsAgreement(投資者權(quán)利協(xié)議)核心提示：INVESTOR’SRIGHTSAGREEMENT*Confidentialtreatmenthasbeenrequestedfortheomittedportionsofthisagreement,whichrequesthasbeenfiledseparatelywiththeSecuritiesandExchangeCommission.THISINVESTOR’SRIGHTSAGREEMENT(thisAgreementINVESTOR’SRIGHTSAGREEMENT*Confidentialtreatmenthasbeenrequestedfortheomittedportionsofthisagreement,whichrequesthasbeenfiledseparatelywiththeSecuritiesandExchangeCommission.THISINVESTOR’SRIGHTSAGREEMENT(thisAgreement),datedasof_________,_________,_________(M,D,Y),betweenAAAINC.,a_________corporation(theCompany),andBBBBV,aprivatecompanywithlimitedliability(beslotenvennootschapmetbeperkteaansprakelijkheid),organizedunderthelawsofThe_________(theInvestor),andasubsidiaryofCCCCorporation,a_________corporation.RECITALSWHEREAS,theCompanyandtheInvestorarepartiestotheCommonStockandWarrantPurchaseAgreement,datedasof_________,_________,_________(M,D,Y),(asthesamemaybeamendedfromtimetotime,thePurchaseAgreement);WHEREAS,inordertoinducetheCompanytoapprovetheissuanceofcommonstock,parvalue$,_________pershare,oftheCompany(theCommonStock),andtoinducetheInvestortoinvestfundsintheCompanypursuanttothePurchaseAgreement,theInvestorandtheCompanyherebyagreetoenterintothisAgreementwhichshallsetforththerightsoftheInvestortocausetheCompanytoregistersharesofCommonStockissuedorissuabletotheInvestorunderthePurchaseAgreementandcertainothermattersassetforthherein;NOW,THEREFORE,inconsiderationofthepremisesandthemutualagreementsandcovenantshereinaftersetforth,andforgoodandvaluableconsideration,thereceiptandsufficiencyofwhichisherebyacknowledged,theCompanyandtheInvestorherebyagreeasfollows:1.Definitions.Unlessotherwisedefinedherein,thetermsbelowshallhavethefollowingmeanings(suchmeaningsbeingequallyapplicabletoboththesingularandpluralformofthetermsdefined).CapitalizedtermsusedbutnotdefinedhereinshallhavethemeaningsascribedtotheminthePurchaseAgreement.(a)13DGroupmeansanygroupofpersonsformedforthepurposeofacquiring,holding,votingordisposingofVotingStockwhichwouldberequiredunderSection13(d)oftheExchangeAct,andtherulesandregulationspromulgatedthereunder,tofileastatementonSchedule13D(aSchedule13D)pursuanttoRule13d1(a)oftherulesandregulationspromulgatedundertheExchangeActoraSchedule13GpursuanttoRule13d1(c)oftherulesandregulationspromulgatedundertheExchangeActwiththeSECasapersonwithinthemeaningofSection13(d)(3)oftheExchangeActifsuchgroupbeneficiallyownedVotingStockrepresentingmorethan5%ofanyclassofVotingStockthenoutstanding.(b)Affiliatemeans,withrespecttoanyspecifiedPerson,anyPersonthatdirectlyorindirectlythroughoneormoreintermediaries,Controls,isControlledby,orisundercommonControlwith,suchspecifiedPerson.(c)BusinessDayshallmeananydaythatisnotaSaturday,aSundayoradayonwhichcommercialbanksarerequiredorpermittedbylawtobeclosedinSanJose,CaliforniaorHelsinki,FinlandandanydaysnotreferredtoasBusinessDaysshallbecalendardays.(d)CalculatedPercentageshallmeantheInvestor’spercentageofownershipoftheoutstandingCommonStockdeterminedbydividing(i)thenumberofsharesofCommonStockheldbytheInvestoronthedeterminationdateby(ii)thenumberofsharesofCommonStockoutstandingonthedeterminationdate,excludingtheExcludedSecurities(asdefinedbelow)withrespecttowhichtheInvestordidnotexerciseitsrightstopurchasesharesofCommonStockpursuanttoSection8(b).(e)ChangeofControlTransactionmeansanyofthefollowing:(i)anysale,lease,exchange,transferorotherdispositionofallorsubstantiallyalloftheassetsoftheCompany;or(ii)anyconsummationofamergerorconsolidationoftheCompanywithorintoanotherentityoranyothercorporatereorganization,ifpersonswhowerenotstockholdersoftheCompanyimmediatelypriortosuchmerger,consolidationorotherreorganizationownimmediatelyaftersuchmerger,consolidationorotherreorganization50%ormoreofthevotingpoweroftheoutstandingsecuritiesofeachof(A)thecontinuingorsurvivingentityand(B)anydirectorindirectparentcorporationofsuchcontinuingorsurvivingentity;or(iii)anytransactionasaresultofwhich(A)anypersonorentitythatisastrategicinvestoreither(1)becomesthebeneficialowner(asdefinedinRule13d3undertheExchangeAct),directlyorindirectly,ofsecuritiesoftheCompanyrepresentinggreaterthan50%ofthetotalvotingpowerrepresentedbytheCompany’sthenoutstandingvotingsecuritiesor(2)becomesthebeneficialowner(asdefinedinRule13d3undertheExchangeAct),directlyorindirectly,ofsecuritiesoftheCompanyrepresentinggreaterthan35%ofthetotalvotingpowerrepresentedbytheCompany’sthenoutstandingvotingsecuritiesandobtainsthevotingpowerorrighttodesignateamajorityofthemembersontheBoardofDirectorsoftheCompany(theCompanyBoard)aftersuchtransactionisconsummatedor(B)anypersonorentitythatisafinancialinvestorbecomesthebeneficialowner(asdefinedinRule13d3undertheExchangeAct),directlyorindirectly,ofsecuritiesoftheCompanyrepresentinggreaterthan50%ofthetotalvotingpowerrepresentedbytheCompany’sthenoutstandingvotingsecuritiesandobtainsthevotingpowerorrighttodesignateamajorityofthemembersontheCompanyBoardaftersuchtransactionisconsummated.(f)CommercialAgreementshasthemeaningsetforthinthePurchaseAgreement.(g)Control(includingthetermsControlledbyandundercommoncontrolwith,butexcludingthetermsChangeofControlTransactionandChangeofControlNotice)means,thepossession,directlyorindirectly,ofthepowertodirectorcausethedirectionofthemanagementandpoliciesofaPerson,whetherthroughtheownershipofvotingsecurities,astrusteeorexecutor,bycontractorotherwise,including,withoutlimitation,theownership,directlyorindirectly,ofsecuritieshavingthepowertoelectamajorityoftheboardofdirectorsorsimilarbodygoverningtheaffairsofsuchPerson.(h)ExchangeActmeanstheSecuritiesExchangeActof1934,asamended,andtherulesandregulationspromulgatedthereunder.(i)ExcludedSecuritiesmeans(A)securitiesissued(oroptionsorwarrantstherefor)toemployees,directors,consultants,suppliers,customersorotherbusinesspartnersfortheprimarypurposeofsolicitingorretainingtheirservices,(B)securitiesissuedpursuanttotheconversionorexerciseofconvertibleorexercisablesecurities,(C)securitiesissuedinconnectionwithabonafidestrategicinvestmentbyorbusinessacquisitionoforbytheCompany,whetherbymerger,consolidation,saleofassets,saleorexchangeofstockorotherwise,or(D)securitiesissuedpursuanttoequipmentleasesorsecureddebtfinancings.(j)FormS3meanssuchformundertheSecuritiesActasineffectonthedatehereof,anysuccessorregistrationformoranyotherregistrationformundertheSecuritiesActsubsequentlyadoptedbytheSECthatpermitsinclusionorincorporationofsubstantialinformationbyreferencetootherdocumentsfiledbytheCompanywiththeSEC.(k)HoldermeanstheInvestorandanyotherpersonowningorhavingtherighttoacquireRegistrableSecuritiesoranyassigneethereofinaccordancewithSection2.11hereof.(l)HolderAffiliatehasthemeaningsetforthinSection2.9.(m)InvestorControlledPersonshallmeananypersonoverwhomtheInvestorexercisesorhastherightorabilitytoexercise,directlyorindirectly,Control.(n)NASDmeanstheNationalAssociationofSecuritiesDealers,Inc.,oranysuccessorentitythereof.(o)Personmeansanyindividual,partnership,firm,corporation,association,trust,unincorporatedorganizationorotherentity,aswellasanysyndicateorgroupthatwouldbedeemedtobeapersonunderSection13(d)(3)oftheExchangeAct.(p)register,registered,andregistrationrefertoaregistrationeffectedbypreparingandfilingaregistrationstatementorsimilardocumentincompliancewiththeSecuritiesAct,andthedeclarationororderingofeffectivenessofsuchregistrationstatementordocument.(q)RegistrableSecuritiesmeans(i)thesharesoftheCommonStockoriginallyissuedunderthePurchaseAgreement,(ii)anysharesoftheCommonStockissueduponexerciseoftheWarrant(asdefinedinthePurchaseAgreement),(iii)anysharesofCommonStockpurchasedbytheInvestorpursuanttoitspreemptiverightsunderSection3oritsrightstopurchasesharesofCommonStockunderSection8(b)and(c),and(iv)anyCommonStockoftheCompanyissuableorissuedordistributedinrespectofanyoftheCommonStockidentifiedinclauses(i),(ii)or(iii),bywayofstockdividend,stocksplitorinconnectionwithacombinationofshares,recapitalizationorreorganization.ForpurposesofthisAgreement,RegistrableSecuritiesshallceasetobeRegistrableSecuritieswhenaRegistrationStatementcoveringsuchRegistrableSecuritieshasbeendeclaredeffectiveundertheSecuritiesActbytheSECandsuchRegistrableSecuritieshavebeendisposedofpursuanttosucheffectiveRegistrationStatement.(r)RegistrationStatementshallmeantheDemandRegistrationStatement,thePiggyBackRegistrationStatementand/ortheShelfRegistrationStatement(eachasdefinedinSection2),asthecasemaybe.(s)Rule144meansRule144promulgatedundertheSecuritiesAct.(t)Salemeansanysale,assignment,transfer,distributionorotherdispositionthereoforofaparticipationtherein,orotherconveyanceoflegalorbeneficialinteresttherein,whethervoluntaryorbyoperationoflaw.(u)SECmeantheSecuritiesandExchangeCommission.(v)SecuritiesActmeanstheSecuritiesActof1933,asamended,andtherulesandregulationspromulgatedthereunder.(w)SellingExpensesmeanunderwritingcommissions,brokerfeesandcounselfeesforthesellingHolderorHolders.(x)StandstillPeriodshallmeantheperiodbeginningonthedatehereofandendingonthelaterofthethirdanniversaryoftheClosingandsixmonthsaftersuchtimeastheCalculatedPercentageoftheInvestorandtheHolderAffiliatesceasestobeatleast5%.(y)SubsidiaryofanyPersonmeansanycorporation,partnership,limitedliabilitycompany,jointventure,associationorotherlegalentityofwhichsuchPerson(eitheraloneortogetherwithanyotherSubsidiary),owns,directlyorindirectly,morethan50%ofthestockorotherequityinterests,theholdersofwhicharegenerallyentitledtovotefortheelectionoftheboardofdirectorsorothergoverningbodyofsuchcorporationorotherlegalentity.(z)TerminationEventmeansanyofthefollowingevents:(i)theCalculatedPercentageoftheInvestorandtheHolderAffiliatesshallceasetobeatleast5%;or(ii)theInvestororanAffiliateoftheInvestorshallhaveacquiredControlofanentity,orsubstantiallyalloftheassetsofanentity,orshallhaveenteredintoadistributionagreementwithanentity,ineachcasewiththepurposeofsellingtocustomersorpotentialcustomersoftheCompanyproductsorservicesofthekindsoldbytheCompany(CompetitiveProducts)and,afterconsultationwiththeInvestor,theBoardofDirectorsoftheCompanyshallhavedetermined,initsgoodfaithjudgment,thatsuchactionismateriallyadversetotheCompany;provided,however,thatdistributionbytheInvestororitsAffiliatesofasmallvolumeofCompetitiveProductsoutsideNorthAmericaforthepurposeofmeetinguniquelocalrequirementsshallnotbedeemedtobemateriallyadversetotheCompany;(iii)theCompanyshallhaveterminatedtheCommercialAgreementsorAmendment6totheSystemIntegratorAgreement,datedthedatehereof,betweentheCompanyandCCCCorporation(Amendment6)inaccordancewiththetermsthereof,asaresultofabreachbyInvestorthatwasnotcuredinaccordancewiththeapplicableCommercialAgreementorAmendment6;or(iv)InvestorfailstopurchasetheminimumlevelsofInternalUseEquipmentassetforthintheCommercialAgreementorAmendment6orInvestor’spurchasesfailtorepresent[*]and,afterInvestorhashadanopportunitytoconsultwiththeCompany,theBoardofDirectorsoftheCompanyshallhavedetermined,initsgoodfaithjudgment,thatnotwithstandinganytechnologycooperationprojectswithInvestor,itisnolongerintheCompany’sbestinteresttohaveInvestor’srepresentativeasamemberoftheCompany’sBoardofDirectors.(aa)VotingStockshallmeansharesofCommonStockandanyothersecuritiesoftheCompanyoritssuccessorhavingthepowertovoteintheelectionofmembersoftheCompanyBoardortheboardofdirectorsofitssuccessor.(bb)WarrantshallhavethemeaningsetforthinthePurchaseAgreement.2.RegistrationRights.2.1DemandRegistration.(a)AfterreceiptofawrittenrequestfromtheHolderrequestingthattheCompanyeffectaregistration(aDemandRegistration)undertheSecuritiesActcoveringallorpartoftheRegistrableSecuritiesheldbysuchHolderwhichspecifiestheintendedmethodormethodsofdispositionthereof,theCompanyshall,asexpeditiouslyasispossible,butinanyeventnolaterthan60days(or30daysiftheCompanyiseligibletouseFormS3)afterreceiptofawrittenrequestforaDemandRegistration,filewiththeSECanduseitsreasonablebesteffortstocausetobedeclaredeffectiveassoonasreasonablypracticable,aregistrationstatement(aDemandRegistrationStatement)relatingtoallsharesofRegistrableSecuritieswhichtheCompanyhasbeensorequestedtoregisterbytheHolderforsale,totheextentrequiredtopermitthedisposition(inaccordancewiththeintendedmethodormethodsthereof,asaforesaid)oftheRegistrableSecuritiessoregistered;provided,however,thattheaggregatevalue,netofunderwritingdiscountsandcommissions,oftheRegistrableSecuritiesrequestedtoberegisteredbeatleast$,_________,basedontheclosingtradingpriceoftheCommonStockonthedatethedemandtofilesuchDemandRegistrationStatementisreceivedbytheCompany.(b)IftheHolderrequeststhattheofferingbeunderwrittenwithamanagingunderwriterselectedinthemannersetforthinSection2.10belowandsuchmanagingunderwriterofsuchDemandRegistrationadvisestheCompanyinwritingthat,initsopinion,thenumberofsecuritiesrequestedtobeincludedinsuchofferingisgreaterthanthetotalnumberofsecuritieswhichcanbesoldthereinwithouthavingamaterialadverseeffectonthedistributionofsuchsecuritiesorotherwisehavingamaterialadverseeffectonthemarketabilityorpricingthereof(theMaximumNumberofSecurities),thentheCompanyshallincludeinsuchDemandRegistrationtheRegistrableSecuritiesthattheHolderhasrequestedtoberegisteredthereunderonlytotheextentthenumberofsuchRegistrableSecuritiesdoesnotexceedtheMaximumNumberofSecurities.IftheamountofsuchRegistrableSecuritiesdoesnotexceedtheMaximumNumberofSecurities,theCompanymayincludeinsuchRegistrationanyothersecuritiesoftheCompanyandothersecuritiesheldbyothersecurityholdersoftheCompany,astheCompanymayinitsdiscretiondetermineorbeobligatedtoallow,inanamountwhichtogetherwiththeRegistrableSecuritiesincludedinsuchDemandRegistrationshallnotexceedtheMaximumNumberofSecurities.Insuchevent,therightoftheCompanyoranyothersecurityholderoftheCompanytoincludeitsCommonStockinsuchregistrationshallbeconditioneduponsuchparty’sparticipationinsuchunderwritingandtheinclusionofsuchparty’sCommonStockintheunderwritingtotheextentprovidedherein.(c)IftheCompanyiseligibletouseFormS3,anyDemandRegistrationStatementmayberequiredbytheHoldertobeinanappropriateformundertheSecuritiesAct(aShelfRegistrationStatement)relatingtoanyoralloftheRegistrableSecuritiesinaccordancewiththemethodsanddistributionsetforthintheShelfRegistrationStatementandRule415undertheSecuritiesAct(theShelfRegistration).AnysuchdemandtofileaShelfRegistrationStatementshallrequiretheuseofoneDemandRegistrationrequestandshallbesubjecttothetermsofSection2.1(a).TheHoldershallbeentitledtoanaggregateoftworegistrationsofRegistrableSecuritiespursuanttothisSection2.1;provided,thataregistrationrequestedpursuanttothisSection2.1shallnotbedeemedtohavebeeneffectedforpurposesofthisSection2.1(d)unless(i)ithasbeendeclaredeffectivebytheCommission,(ii)ithasremainedeffectivefortheperiodsetforthinSection2.4(a),and(iii)theofferingofRegistrableSecuritiespursuanttosuchregistrationisnotsubjecttoanystoporder,injunctionorotherorderorrequirementoftheSEC(otherthananys