{"id":42985,"date":"2015-09-17T11:25:58","date_gmt":"2015-09-17T16:25:58","guid":{"rendered":"https:\/\/content.findlaw-admin.com\/ability-legal\/contracts\/uncategorized\/agreement-and-plan-of-contribution-investment-and-merge3.html"},"modified":"2015-09-17T11:25:58","modified_gmt":"2015-09-17T16:25:58","slug":"agreement-and-plan-of-contribution-investment-and-merge3","status":"publish","type":"corporate_contracts","link":"https:\/\/corporate.findlaw.com\/contracts\/planning\/agreement-and-plan-of-contribution-investment-and-merge3.html","title":{"rendered":"Agreement and Plan of Contribution, Investment and Merger &#8211; National Broadcasting Co. Inc., NBC Internet Inc. and Xoom.com Inc."},"content":{"rendered":"<pre>                                                               EXECUTION COPY\n                                          \n                                          \n                                          \n         FIRST AMENDMENT TO SECOND AMENDED AND RESTATED AGREEMENT AND PLAN\n                       OF CONTRIBUTION, INVESTMENT AND MERGER\n                                          \n     This First Amendment to Second Amended and Restated Agreement and Plan of\nContribution, Investment and Merger, dated as of October 20, 1999 (hereinafter,\n'Amendment No. 1'), among National Broadcasting Company, Inc., a Delaware\ncorporation ('NBC'), GE Investments Subsidiary, Inc., a Delaware corporation,\nNeon Media Corporation, a Delaware Corporation, NBC Internet, Inc., a Delaware\ncorporation ('NBCi,' referred to as 'Xenon 2' in the Original Contribution\nAgreement hereinafter identified), and XOOM.com, Inc.,  a Delaware corporation \n('Xoom')\n                                          \n                                W I T N E S S E T H:\n\n     WHEREAS, the parties hereto have previously entered into that certain\nSecond Amended and Restated Agreement and Plan of Contribution, Investment and\nMerger dated as of July 8, 1999 (the 'Original Contribution Agreement'); and\n\n     WHEREAS, the parties now wish to amend the Original Contribution Agreement\nas provided below;\n\n     NOW THEREFORE, the Original Contribution Agreement is amended in the\nfollowing respects:\n\n     1.   Section 5.2(b) of the Original Contribution Agreement is amended in\nits entirety to provide as follows:\n\n          '(b) issue, purchase or redeem, or authorize or propose the issuance,\n     purchase or redemption of, or make any distribution with respect to, any\n     equity interests of SNAP or any class of securities convertible into, or\n     rights, warrants or options to acquire, any such equity interests or other\n     convertible securities, other than (i) pursuant to employee options\n     outstanding on the date hereof or issued in accordance herewith, (ii) SNAP\n     Options issued pursuant to commitments to issue SNAP Options that were\n     included in job offers outstanding as of May 9, 1999, as identified on\n     SCHEDULE 4.1(t) as amended and (iii) additional options that, when added to\n     SNAP Options previously outstanding, do not exceed options for units equal\n     in number to 17% of the units of SNAP.'\n\n     2.   SCHEDULE 3.7 to the Original Contribution Agreement is amended by\nreplacing the reference to 'Thomas Rogers' under the item 'NBC Directors' with a\nreference to 'Scott M. Sassa'.\n\n     3.   SCHEDULE 4.2(t) to the Original Contribution Agreement is amended by\nthe addition thereto of the items listed on SCHEDULE 4.2(t)-2 hereto.\n\n\n\n     4.   SCHEDULE 6.9 to the Original Contribution Agreement is amended by\ndeleting the reference to 'August 25, 1998' and replacing it with 'September 14,\n1999,' and the parties acknowledge and agree that NBCi shall, accordingly, be\nobligated pursuant to Section 6.9 of the Contribution Agreement to repay and\nterminate the indebtedness represented by that certain Credit Agreement dated\nSeptember 14, 1999 between SNAP and Bank of America National Trust and Savings\nAssociation, and use its best efforts to cause the guarantee of such\nindebtedness by General Electric Company to be fully released immediately\nfollowing the Closing.\n\n     5.   EXHIBIT A to the Original Contribution Agreement is amended by\nincreasing the value of the Spots to be provided by NBC to Xenon 2 to $405\nmillion and by establishing that the aggregate value of the Spots to be provided\nin the fourth quarter of 1999 shall be no less than $45 million.\n\n     6.   In all other respects, the Original Contribution Agreement is\nunchanged and shall remain in full force and effect.\n\n     7.   GOVERNING LAW.  THIS AMENDMENT NO. 1 SHALL BE GOVERNED AND CONSTRUED\nIN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK APPLICABLE TO AGREEMENTS\nMADE TO BE PERFORMED WITHIN SUCH STATE.\n     \n\n     [THE REMAINDER OF THIS PAGE IS INTENTIONALLY BLANK.]\n\n\n\n8.     Article X of the Original Merger Agreement shall apply MUTATIS MUTANDIS\nto this Amendment No. 1.\n\n     IN WITNESS WHEREOF, the parties have caused this Amendment No. 1 to be duly\nexecuted as of the date first above written.\n\n                         NATIONAL BROADCASTING COMPANY, INC.\n\n                         BY: \/s\/ Martin Yudkovitz\n                             --------------------\n                         \n                         Name: Martin Yudkovitz\n                         Title: President, NBC Interactive\n                         \n                         GE INVESTMENTS SUBSIDIARY, INC.\n\n                         BY: \/s\/ Robert E. Healing\n                             ---------------------\n                         \n                         Name: Robert E. Healing\n                         Title: Vice President\n                         \n                         NEON MEDIA CORPORATION\n\n                         BY: \/s\/ Martin Yudkovitz\n                             --------------------\n                         Name: Martin Yudkovitz\n                         Title: President, NBC Interactive\n                         \n                         NBC INTERNET, INC. (formerly, Xenon 2, Inc.)\n\n                         BY: \/s\/ John Harbottle\n                             ------------------\n\n                         Name: John Harbottle\n                         Title: Chief Financial Officer and \n                                Executive Vice President\n                         \n                         XOOM.COM, INC.\n\n                         BY: \/s\/ John Harbottle\n                             ------------------\n                         Name: John Harbottle\n                         Title: Chief Financial Officer and \n                                Executive Vice President\n\n\n\n<\/pre>\n","protected":false},"template":"","meta":{"_acf_changed":false,"_stopmodifiedupdate":true,"_modified_date":"","_cloudinary_featured_overwrite":false},"corporate_contracts_companies":[7615,9374],"corporate_contracts_industries":[9510,9452],"corporate_contracts_types":[9622,9626],"class_list":["post-42985","corporate_contracts","type-corporate_contracts","status-publish","hentry","corporate_contracts_companies-general-electric-co","corporate_contracts_companies-xoom-inc","corporate_contracts_industries-technology__programming","corporate_contracts_industries-manufacturing__conglomerates","corporate_contracts_types-planning","corporate_contracts_types-planning__merger"],"acf":[],"_links":{"self":[{"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts\/42985","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts"}],"about":[{"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/types\/corporate_contracts"}],"wp:attachment":[{"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/media?parent=42985"}],"wp:term":[{"taxonomy":"corporate_contracts_companies","embeddable":true,"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts_companies?post=42985"},{"taxonomy":"corporate_contracts_industries","embeddable":true,"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts_industries?post=42985"},{"taxonomy":"corporate_contracts_types","embeddable":true,"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts_types?post=42985"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}