sc13dza
|
|
|
|
OMB APPROVAL |
|
|
OMB Number: 3235-0145 |
|
|
Expires: February 28, 2009 |
|
|
Estimated average burden hours per response...10.4 |
|
|
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 4 )*
(Name of Issuer)
Common Stock, par value $0.0001 per share
(Title of Class of Securities)
(CUSIP Number)
Carla S. Newell
c/o Technology Crossover Ventures
528 Ramona Street
Palo Alto, California 94301
(650) 614-8200
(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)
(Date of Event Which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. o
Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See §240.13d-7 for other parties to whom copies are to be sent.
* The remainder of this cover page shall be filled out for a reporting persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed to be filed for the purpose of Section 18 of the Securities Exchange Act of 1934 (Act) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
Persons who respond to the collection of information contained in this form are not required to respond
unless the form displays a currently valid OMB control number.
|
|
|
|
|
|
1 |
|
NAMES OF REPORTING PERSONS:
TCV IV, L.P. |
| |
|
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY): |
|
See item 2 for identification of the General Partner |
|
|
|
2 |
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS):
|
|
(a) o |
|
(b) þ |
|
|
|
3 |
|
SEC USE ONLY: |
|
|
|
|
|
|
|
4 |
|
SOURCE OF FUNDS (SEE INSTRUCTIONS): |
|
|
|
AF, OO |
|
|
|
5 |
|
CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e): |
|
|
|
o |
|
|
|
6 |
|
CITIZENSHIP OR PLACE OF ORGANIZATION: |
|
|
|
DELAWARE
|
|
|
|
|
|
7 |
|
SOLE VOTING POWER: |
|
|
|
NUMBER OF |
|
-0- SHARES OF COMMON STOCK |
|
|
|
|
SHARES |
8 |
|
SHARED VOTING POWER: |
BENEFICIALLY |
|
|
OWNED BY |
|
2,958,508 SHARES OF COMMON STOCK (A) |
|
|
|
|
EACH |
9 |
|
SOLE DISPOSITIVE POWER: |
REPORTING |
|
|
PERSON |
|
2,958,508 SHARES OF COMMON STOCK (A) |
|
|
|
|
WITH |
10 |
|
SHARED DISPOSITIVE POWER: |
|
|
|
|
|
-0- SHARES OF COMMON STOCK |
|
|
|
11 |
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON: |
|
|
|
2,958,508 SHARES OF COMMON STOCK (A) |
|
|
|
12 |
|
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS): |
|
|
|
o
|
|
|
|
13 |
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): |
|
|
|
10.1% |
|
|
|
14 |
|
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS): |
|
|
|
PN |
(A) Please see Item 5.
|
|
|
|
|
|
1 |
|
NAMES OF REPORTING PERSONS:
TCV IV STRATEGIC PARTNERS, L.P. |
| |
|
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY): |
|
See item 2 for identification of the General Partner |
|
|
|
2 |
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS):
|
|
(a) o |
|
(b) þ |
|
|
|
3 |
|
SEC USE ONLY: |
|
|
|
|
|
|
|
4 |
|
SOURCE OF FUNDS (SEE INSTRUCTIONS): |
|
|
|
AF, OO |
|
|
|
5 |
|
CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e): |
|
|
|
o |
|
|
|
6 |
|
CITIZENSHIP OR PLACE OF ORGANIZATION: |
|
|
|
DELAWARE
|
|
|
|
|
|
7 |
|
SOLE VOTING POWER: |
|
|
|
NUMBER OF |
|
-0- SHARES OF COMMON STOCK |
|
|
|
|
SHARES |
8 |
|
SHARED VOTING POWER: |
BENEFICIALLY |
|
|
OWNED BY |
|
110,319 SHARES OF COMMON STOCK (A) |
|
|
|
|
EACH |
9 |
|
SOLE DISPOSITIVE POWER: |
REPORTING |
|
|
PERSON |
|
110,319 SHARES OF COMMON STOCK (A) |
|
|
|
|
WITH |
10 |
|
SHARED DISPOSITIVE POWER: |
|
|
|
|
|
-0- SHARES OF COMMON STOCK |
|
|
|
11 |
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON: |
|
|
|
110,319 SHARES OF COMMON STOCK (A) |
|
|
|
12 |
|
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS): |
|
|
|
o
|
|
|
|
13 |
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): |
|
|
|
Less than 1% |
|
|
|
14 |
|
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS): |
|
|
|
PN |
(A) Please see Item 5.
|
|
|
|
|
|
1 |
|
NAMES OF REPORTING PERSONS:
Technology Crossover Management IV, L.L.C. |
| |
|
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY): |
|
See item 2 for identification of the Managing Members |
|
|
|
2 |
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS):
|
|
(a) o |
|
(b) þ |
|
|
|
3 |
|
SEC USE ONLY: |
|
|
|
|
|
|
|
4 |
|
SOURCE OF FUNDS (SEE INSTRUCTIONS): |
|
|
|
AF, OO |
|
|
|
5 |
|
CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e): |
|
|
|
o |
|
|
|
6 |
|
CITIZENSHIP OR PLACE OF ORGANIZATION: |
|
|
|
DELAWARE
|
|
|
|
|
|
7 |
|
SOLE VOTING POWER: |
|
|
|
NUMBER OF |
|
-0- SHARES OF COMMON STOCK |
|
|
|
|
SHARES |
8 |
|
SHARED VOTING POWER: |
BENEFICIALLY |
|
|
OWNED BY |
|
3,068,827 SHARES OF COMMON STOCK (A) |
|
|
|
|
EACH |
9 |
|
SOLE DISPOSITIVE POWER: |
REPORTING |
|
|
PERSON |
|
3,068,827 SHARES OF COMMON STOCK (A) |
|
|
|
|
WITH |
10 |
|
SHARED DISPOSITIVE POWER: |
|
|
|
|
|
-0- SHARES OF COMMON STOCK |
|
|
|
11 |
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON: |
|
|
|
3,068,827 SHARES OF COMMON STOCK (A) |
|
|
|
12 |
|
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS): |
|
|
|
o
|
|
|
|
13 |
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): |
|
|
|
10.4% |
|
|
|
14 |
|
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS): |
|
|
|
OO |
(A) Please see Item 5.
|
|
|
|
|
|
1 |
|
NAMES OF REPORTING PERSONS:
JAY C. HOAG |
| |
|
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY): |
|
|
|
|
|
2 |
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS):
|
|
(a) o |
|
(b) þ |
|
|
|
3 |
|
SEC USE ONLY: |
|
|
|
|
|
|
|
4 |
|
SOURCE OF FUNDS (SEE INSTRUCTIONS): |
|
|
|
AF, OO |
|
|
|
5 |
|
CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e): |
|
|
|
o |
|
|
|
6 |
|
CITIZENSHIP OR PLACE OF ORGANIZATION: |
|
|
|
UNITED STATES CITIZEN
|
|
|
|
|
|
7 |
|
SOLE VOTING POWER: |
|
|
|
NUMBER OF |
|
-0- SHARES OF COMMON STOCK |
|
|
|
|
SHARES |
8 |
|
SHARED VOTING POWER: |
BENEFICIALLY |
|
|
OWNED BY |
|
3,085,493 SHARES OF COMMON STOCK (A) |
|
|
|
|
EACH |
9 |
|
SOLE DISPOSITIVE POWER: |
REPORTING |
|
|
PERSON |
|
3,085,493 SHARES OF COMMON STOCK (A) |
|
|
|
|
WITH |
10 |
|
SHARED DISPOSITIVE POWER: |
|
|
|
|
|
-0- SHARES OF COMMON STOCK |
|
|
|
11 |
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON: |
|
|
|
3,085,493 SHARES OF COMMON STOCK (A) |
|
|
|
12 |
|
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS): |
|
|
|
o
|
|
|
|
13 |
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): |
|
|
|
10.5% |
|
|
|
14 |
|
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS): |
|
|
|
IN |
(A) Please see Item 5. This includes options issued under the Companys 2002 Stock Plan and held directly by Mr. Hoag that can be
immediately exercised for a total of 12,500 shares and 4,166 shares held directly by Mr. Hoag that were issued under the Companys 2002
Stock Plan and are subject to repurchase rights that lapse over time.
|
|
|
|
|
|
1 |
|
NAMES OF REPORTING PERSONS:
RICHARD H. KIMBALL |
| |
|
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY): |
|
|
|
|
|
2 |
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS):
|
|
(a) o |
|
(b) þ |
|
|
|
3 |
|
SEC USE ONLY: |
|
|
|
|
|
|
|
4 |
|
SOURCE OF FUNDS (SEE INSTRUCTIONS): |
|
|
|
AF, OO |
|
|
|
5 |
|
CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e): |
|
|
|
o |
|
|
|
6 |
|
CITIZENSHIP OR PLACE OF ORGANIZATION: |
|
|
|
UNITED STATES CITIZEN
|
|
|
|
|
|
7 |
|
SOLE VOTING POWER: |
|
|
|
NUMBER OF |
|
-0- SHARES OF COMMON STOCK |
|
|
|
|
SHARES |
8 |
|
SHARED VOTING POWER: |
BENEFICIALLY |
|
|
OWNED BY |
|
3,068,827 SHARES OF COMMON STOCK (A) |
|
|
|
|
EACH |
9 |
|
SOLE DISPOSITIVE POWER: |
REPORTING |
|
|
PERSON |
|
3,068,827 SHARES OF COMMON STOCK (A) |
|
|
|
|
WITH |
10 |
|
SHARED DISPOSITIVE POWER: |
|
|
|
|
|
-0- SHARES OF COMMON STOCK |
|
|
|
11 |
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON: |
|
|
|
3,068,827 SHARES OF COMMON STOCK (A) |
|
|
|
12 |
|
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS): |
|
|
|
o
|
|
|
|
13 |
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): |
|
|
|
10.4% |
|
|
|
14 |
|
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS): |
|
|
|
IN |
(A) Please see Item 5.
TABLE OF CONTENTS
ITEM 1. SECURITY AND ISSUER.
This statement relates to shares of common stock, par value $0.0001 per share (the Common Stock),
of Altiris, Inc., a Delaware corporation (Altiris or the Company). The Companys principal
executive offices are located at 588 West 400 South Lindon, Utah 84042.
ITEM 2. IDENTITY AND BACKGROUND.
(a)-(c), (f). This statement is being filed by (1) TCV IV, L.P., a Delaware limited partnership
(TCV IV), (2) TCV IV Strategic Partners, L.P., a Delaware limited partnership (Strategic
Partners IV), (3) Technology Crossover Management IV, L.L.C., a Delaware limited liability company
(Management IV), (4) Jay C. Hoag (Mr. Hoag) and (5) Richard H. Kimball (Mr. Kimball). TCV IV,
Strategic Partners IV, Management IV, Mr. Hoag and Mr. Kimball are sometimes collectively referred
to herein as the Reporting Persons. The agreement among the Reporting Persons relating to the
joint filing of this statement is attached as Exhibit 1 hereto.
TCV IV, Strategic Partners IV and Management IV are each principally engaged in the business of
investing in securities of privately and publicly held companies. Management IV is the sole general
partner of TCV IV and Strategic Partners IV. The address of the principal business and office of
each of TCV IV, Strategic Partners IV and Management IV is 528 Ramona Street, Palo Alto, California
94301.
Mr. Hoag and Mr. Kimball are the managing members of Management IV. Mr. Hoag and Mr. Kimball are
each United States citizens, and the present principal occupation of each is a venture capital
investor. The business address of each of Mr. Hoag and Mr. Kimball is 528 Ramona Street, Palo Alto,
California 94301.
(d), (e). During the last five years, none of TCV IV, Strategic Partners IV, Management IV, Mr.
Hoag or Mr. Kimball has (1) been convicted in a criminal proceeding (excluding traffic violations
or similar misdemeanors) or (2) been a party to a civil proceeding of a judicial or administrative
body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment,
decree or final order enjoining future violations of, or prohibiting or mandating activities
subject to, federal or state securities laws or finding any violation with respect to such laws.
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.
On January 26, 2007, the Company, Symantec Corporation, a Delaware corporation (Symantec) and
Atlas Merger Corp. (Atlas) (a wholly-owned subsidiary of Symantec) entered into an Agreement and
Plan of Merger (the Merger Agreement) under which Symantec, upon the terms and subject to
satisfaction or waiver of the conditions therein, will acquire all of the shares of the Companys
common stock for a purchase price of $33.00 per share, net to the holders thereof in cash. Holders
of shares of the Companys common stock will be entitled to receive $33.00 per share in cash in the
Merger. Holders of restricted stock awards will receive the right to receive per share cash merger
consideration. All options will be assumed by Symantec.
As an inducement for Symantec to enter into the Merger Agreement, Symantec and TCV IV and Strategic
Partners IV (TCV IV and Strategic Partners IV collectively referred to as the TCV IV Funds)
entered into a voting agreement dated January 26, 2007 (the TCV Voting Agreement,) and Symantec
and Mr. Hoag entered into a voting agreement dated January 26, 2007 (the Hoag Voting
Agreement)(the Hoag Voting Agreement and, collectively with the TCV Voting Agreement, the Voting
Agreements). Under the Voting Agreements the TCV IV Funds agreed to vote all of the shares held
of record by the TCV IV Funds (the TCV IV Shares) and Mr. Hoag agreed to vote all of the shares
held of record by Mr. Hoag (the Hoag Shares) in favor of the approval of the Merger Agreement and
against any matter that would reasonably be expected to prevent, delay, postpone or frustrate the
purpose of the Merger and granted irrevocable proxies (theProxies) to certain representatives of
Symantec to vote the TCV IV Shares and the Hoag Shares for such purposes. Neither Symantec nor
Atlas paid additional consideration to the TCV IV Funds or Mr. Hoag in connection with the
execution and delivery of the Voting Agreements or the grant of the Proxies. In addition, no
shares were purchased by the TCV IV Funds or Mr. Hoag pursuant to the Voting Agreement, and thus no
funds were used for such purpose.
The Merger Agreement is attached to this filing as Exhibit 3 and incorporated by reference herein,
the TCV Voting Agreement is attached to this filing as Exhibit 4 and the Hoag Voting Agreement is
attached to this filing as Exhibit 5.
ITEM 4. PURPOSE OF TRANSACTION.
(a)-(b). Please see Item 3 above.
The Merger Agreement includes other customary closing conditions, including among others,
regulatory review and Company stockholder approval. Under the Merger Agreement, upon satisfaction
of the closing conditions, Atlas will be merged with and into the Company, with the Company
surviving the merger as a wholly-owned subsidiary of Symantec (the Merger).
(c). Not applicable.
(d). Upon the consummation of the Merger, the directors of Atlas immediately prior to the
effectiveness of the Merger will become the directors of the surviving corporation, and the
officers of the Company immediately prior to the effectiveness of the merger shall continue as the
officers of the surviving corporation, in each case until their respective successors shall have
been duly elected, designated or qualified.
(e). Other than as a result of the Merger as described elsewhere in this Item 4, not applicable.
(f). Not applicable
(g). Upon consummation of the Merger, the certificate of incorporation shall be amended in its
entirety to read as set forth in the Certificate of Merger and the bylaws shall be amended in their
entirety to read as the bylaws of Atlas until thereafter amended as provided by applicable law.
(h)-(i). Following the consummation of the Merger, the Company capital stock will be deregistered
under the Act and delisted from the Nasdaq Global Market.
(j)The Reporting Persons acquired their shares of Company capital stock for investment
purposes. Depending on the factors discussed herein and subject to the restrictions in the Voting
Agreements, the Reporting Persons may, from time to time, acquire additional shares of Common Stock
and/or retain and/or sell or otherwise dispose of all or a portion of their shares in the open
market, through transactions registered under the Securities Act, through privately negotiated
transactions or through distributions to their respective partners or otherwise. Any actions the
Reporting Persons might undertake will be dependent upon restrictions in the Voting Agreements and
the Reporting Persons review of numerous factors, including, among other things, the price levels
of the Common Stock; general market and economic conditions; ongoing evaluation of the Companys
business, financial condition, operating results and prospects; the relative attractiveness of
alternative business and investment opportunities; and other future developments.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
(a), (b). As of the close of business on January 26, 2007, TCV IV, Strategic Partners IV,
Management IV, Mr. Hoag and Mr. Kimball owned directly and/or indirectly the following shares:
|
|
|
|
|
|
|
|
|
Number of |
|
Percentage of |
|
|
Total Shares |
|
Outstanding Shares (*) |
Name of Investor |
|
(Including Options) |
|
(Including Options) |
TCV IV |
|
|
2,958,508 |
|
|
10.1% |
Strategic Partners IV |
|
|
110,319 |
|
|
Less than 1% |
Management IV |
|
|
3,068,827 |
|
|
10.4% (**) |
Mr. Hoag |
|
|
3,085,493 |
|
|
10.5% (**)(***) |
Mr. Kimball |
|
|
3,068,827 |
|
|
10.4% (**) |
|
|
|
(*) |
|
All percentages in this table are based on the 29,386,546 shares of Common Stock of the
Company outstanding as of January 24, 2007, as reported in the Merger Agreement filed as Exhibit
10.01 to the Form 8-K filed by the Company on January 29, 2007. |
|
(**) |
|
Certain Reporting Persons disclaim beneficial ownership as set forth below. |
|
(***) |
|
This includes options issued under the Companys 2002 Stock Plan and held directly by Mr.
Hoag that can be immediately exercised for a total of 12,500 shares; and 4,166 shares held directly
by Mr. Hoag that were issued under the Companys 2002 Stock Plan and subject to repurchase rights
which lapse over time. |
Each of TCV IV and Strategic Partners IV (together the TCV IV Funds) has the sole power to
dispose or direct the disposition of the Common Stock held directly by them and as reported herein.
As a result of the Voting Agreements and the grant of the Proxies, each of the TCV IV Funds and
Symantec may be deemed to have the shared power to direct the vote of the Common Stock held by each
of the TCV IV Funds. Management IV, as the sole general partner of the TCV IV Funds, may also be
deemed to have the sole power to dispose or direct the disposition of the Common Stock held the TCV
IV Funds. As a result of the Voting Agreements, Management IV and Symantec may be deemed to have
the shared power to direct the vote of the Common Stock held by TCV IV Funds. Management IV and
Symantec disclaim beneficial ownership of such securities except to the extent of its pecuniary
interest therein.
Messrs. Hoag and Kimball are the managing members of Management IV. Under the operating agreement
of Management IV, each of Messrs. Hoag and Kimball have the independent power to cause the funds
managed by Management IV to buy and sell securities of publicly traded portfolio companies;
however, in general, they must act by unanimous consent with respect to all other matters,
including directing the voting of such securities. Each of Messrs. Hoag and Kimball may be deemed
to each have the sole power to dispose or direct the disposition of the Common Stock held by TCV IV
Funds. As a result of the Voting Agreements, each of Symantec, Hoag and Kimball may be deemed to
have the shared power to direct the vote of the Common Stock held by each of the TCV IV Funds.
Messrs. Hoag and Kimball and Symantec disclaim beneficial ownership of the securities owned by TCV
IV Funds except to the extent of their pecuniary interest therein. Mr. Hoag has the sole power to
dispose and direct the disposition of the shares of Common stock received upon exercise of options
granted to Mr. Hoag under the Companys 2002 Stock Plan and the restricted shares received by Mr.
Hoag and issued under the Companys 2002 Stock Plan once vested. As a result of the Hoag Voting
Agreement, Mr. Hoag and Symantec may be deemed to have the shared power to direct the vote of his
shares of Common Stock to be received upon exercise of the options granted to Mr. Hoag under the
Companys 2002 Stock Plan and the restricted shares held by Mr. Hoag which were issued under the
Companys 2002 Stock Plan. Symantec disclaims beneficial ownership of the shares to be received
upon exercise of the options and the restricted shares held by Mr. Hoag.
The Reporting Persons may be deemed to be acting as a group in relation to their respective
holdings in the Company but do not affirm the existence of any such group.
Except as set forth in this Item 5(a) (b), each of the Reporting Persons disclaims beneficial
ownership of any Common Stock owned beneficially or of record by any other Reporting Person.
(c). On June 19, 2006, the Kimball Family Trust Uta Dtd 2/23/94 gifted 2,700 shares of Common Stock
of the Company.
On August 1, 2006, the Kimball Family Trust Uta Dtd 2/23/94 gifted 345 shares of Common Stock of
the Company.
On September 8, 2006, the Kimball Family Trust Uta Dtd 2/23/94 gifted 500 shares of Common Stock of
the Company.
On October 4, 2006, the Kimball Family Trust Uta Dtd 2/23/94 gifted 47,063 shares of Common Stock
of the Company.
(d). Not applicable.
(e). Not applicable.
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE
ISSUER.
Please see Item 3 and Item 4.
Pursuant to the Voting Agreements each of the TCV IV Funds and Mr. Hoag may not, among other
things, subject to certain exceptions, grant an option with respect to, sell, exchange, pledge or
otherwise dispose of or encumber the TCV IV Shares and Hoag Shares, respectively. In addition,
prior to the expiration of the Voting Agreements, each of the TCV IV Funds and Mr. Hoag may not,
directly or indirectly, grant any proxies or powers of attorney with respect to any of the TCV IV
Shares or Hoag Shares, respectively, deposit any such shares into a voting trust, enter into any
other voting or similar binding commitment with respect to any such shares.
The Voting Agreements terminate after the Expiration Date of the Merger Agreement.
Mr. Hoag serves as a director of the Company.
Except as set forth herein and as set forth in the Reporting Persons initial statement on Schedule
13D with respect to the Companys securities, filed May 24, 2002 (which is incorporated by
reference herein), none of the Reporting Persons has any contracts, arrangements, understandings or
relationships (legal or otherwise) with any person with respect to any securities of Company,
including but not limited to any contracts, arrangements, understandings or relationships
concerning the transfer or voting of such securities, finders fees, joint ventures, loan or option
arrangements, puts or calls, guarantees of profits, division of profits or losses, or the giving or
withholding of proxies.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS.
Exhibit 1 Joint Filing Agreement (incorporated by reference from Exhibit 1 to the Schedule 13D
relating to the common stock of the Company filed on May 24, 2002)
Exhibit 2 Statement Appointing Designated Filer and Authorized Signatories dated November 5, 2001
(incorporated by reference from Exhibit A to the Schedule 13D/A relating to the common stock of
Digital Generation Systems, Inc. filed on March 21, 2002)
Exhibit 3 Agreement and Plan of Merger dated January 26, 2007 (incorporated by reference from
Exhibit 10.01 to the Form 8-K filed by the Company on January 29, 2007)
Exhibit 4 Voting Agreement by and between Symantec and Jay Hoag dated January 26, 2007
Exhibit 5 Voting Agreement by and between Symantec and the TCV IV Funds dated January 26, 2007
SIGNATURE
After reasonable inquiry and to the best of each of the undersigneds knowledge and belief, each of
the undersigned certifies that the information set forth in this statement is true, complete and
correct.
Dated: February 5, 2007
|
|
|
|
|
TCV IV, L.P. |
|
|
|
|
|
|
|
By:
|
|
/s/ Carla S. Newell |
|
|
|
|
|
|
|
Name:
|
|
Carla S. Newell |
|
|
Its:
|
|
Authorized Signatory |
|
|
|
|
|
|
|
TCV IV STRATEGIC PARTNERS, L.P. |
|
|
|
|
|
|
|
By:
|
|
/s/ Carla S. Newell |
|
|
|
|
|
|
|
Name:
|
|
Carla S. Newell |
|
|
Its: Authorized Signatory |
|
|
|
|
|
|
|
TECHNOLOGY CROSSOVER |
|
|
MANAGEMENT IV, L.L.C. |
|
|
|
|
|
|
|
By:
|
|
/s/ Carla S. Newell |
|
|
|
|
|
|
|
Name:
|
|
Carla S. Newell |
|
|
Its: Authorized Signatory |
|
|
|
|
|
|
|
JAY C. HOAG |
|
|
|
|
|
|
|
By:
|
|
/s/ Carla S. Newell |
|
|
|
|
|
|
|
Name:
|
|
Carla S. Newell |
|
|
Its: Authorized Signatory |
|
|
|
|
|
|
|
RICHARD H. KIMBALL |
|
|
|
|
|
|
|
By:
|
|
/s/ Carla S. Newell |
|
|
|
|
|
|
|
Name:
|
|
Carla S. Newell |
|
|
Its: Authorized Signatory |
|
|
EXHIBIT INDEX
Exhibit 1 Joint Filing Agreement (incorporated by reference from Exhibit 1 to the Schedule 13D
relating to the common stock of the Company filed on May 24, 2002)
Exhibit 2 Statement Appointing Designated Filer and Authorized Signatories dated November 5, 2001
(incorporated by reference from Exhibit A to the Schedule 13D/A relating to the common stock of
Digital Generation Systems, Inc. filed on March 21, 2002)
Exhibit 3 Agreement and Plan of Merger dated January 26, 2007 (incorporated by reference from
Exhibit 10.01 to the Form 8-K filed by the Company on January 29, 2007)
Exhibit 4 Voting Agreement by and between Symantec and Jay Hoag dated January 26, 2007
Exhibit 5 Voting Agreement by and between Symantec and the TCV IV Funds dated January 26, 2007
Exhibit 4
Voting Agreement
This VOTING AGREEMENT (this Agreement) is entered into as of January 26, 2007, by and
between Symantec Corporation, a Delaware corporation (Acquiror), and the undersigned stockholder
(Stockholder) of Altiris, Inc., a Delaware corporation (the Company). Terms not otherwise
defined herein shall have the respective meanings ascribed to them in the Merger Agreement (as
defined below).
Recitals
A. The execution and delivery of this Agreement by Stockholder is a material inducement to the
willingness of Acquiror to enter into that certain Agreement and Plan of Merger, dated as of
January 26, 2007 (the Merger Agreement), by and among Acquiror, Atlas Merger Corp., a Delaware
corporation and wholly-owned subsidiary of Acquiror (Merger Sub), and the Company, pursuant to
which Merger Sub will merge with and into the Company (the Merger), and the Company will survive
the Merger and become a wholly-owned subsidiary of Acquiror.
B. Stockholder is the beneficial owner (as defined in Rule 13d-3 under the Securities Exchange
Act of 1934, as amended) of such number of shares of the Company Capital Stock as is indicated on
the signature page of this Agreement.
C. In consideration of the execution of the Merger Agreement by Acquiror, Stockholder (solely
in such Stockholders capacity as such) has agreed, subject to the terms and conditions set forth
herein, to vote the Shares (as defined below) and such other shares of Company Capital Stock over
which Stockholder has voting power, so as to facilitate the consummation of the Merger.
D. Stockholder understands and acknowledges that the Company and Acquiror are entitled to rely
on (i) the truth and accuracy of Stockholders representations contained herein and (ii)
Stockholders performance of the obligations set forth herein.
NOW, THEREFORE, in consideration of the premises and the covenants and agreements set forth in
the Merger Agreement and in this Agreement, and other good and valuable consideration, the receipt
and sufficiency of which are hereby acknowledged, the parties hereto hereby agree as follows:
1. Restrictions on Shares. Subject to the terms and conditions herein and in the
Merger Agreement,
(a) Stockholder shall not, directly or indirectly, transfer (except as may be specifically
required by court order or by operation of law), grant an option with respect to, sell, exchange,
pledge or otherwise dispose of or encumber the Shares (as such term is defined in Section 4 below)
or any New Shares (as such term is defined in Section 1(d) below), or make any offer or enter into
any agreement providing for any of the foregoing, at any time prior to the Expiration Date;
provided,
however, that nothing contained herein will be deemed to restrict the
ability of Stockholder to (i) exercise, prior to the Expiration Date, any Company Options held by
Stockholder, (ii) transfer or otherwise dispose of Shares to a charitable organization qualified
under Section 501(c)(3) of the Internal Revenue Code of 1986, as amended, (iii) if an individual
Stockholder, transfer or otherwise dispose of Shares to any member of Stockholders immediate
family; or to a trust for the benefit of Stockholder or any member of Stockholders immediate
family, (iv) if an entity Stockholder, transfer any Shares to any affiliated fund, or (v) if an
entity Stockholder, transfer, by way of a distribution in kind following the record date for the
Company Stockholders Meeting (as defined in the Merger Agreement), any Shares, to its limited
partners
1
and/or general partner in accordance with the terms of its limited partnership agreement;
provided however, that any transfer referred to in clauses (ii), (iii), and (iv) of
this section shall be permitted only if, as a precondition to such transfer, the transferee,
whether a charitable organization, affiliated entity, individual or trust, agrees to be bound by
the terms of this Agreement and, if requested by Acquiror, to execute a Proxy (as hereinafter
defined). As used herein, the term Expiration Date shall mean the earlier of (i) the Effective
Time and (ii) the date and time of the valid termination of the Merger Agreement in accordance with
its terms.
(b) Prior to the Expiration Date, Stockholder shall not, directly or indirectly, grant any
proxies or powers of attorney with respect to any of the Shares, deposit any of the Shares into a
voting trust, enter into a voting agreement (other than this Agreement) or similar binding
commitment with respect to any of the Shares.
(c) Prior to the Expiration Date, Stockholder shall not, directly or indirectly, take any
action (other than any action of Stockholder or any representative of Stockholder or employee or
member of any Affiliate of Stockholder (each a Representative), in such Stockholders or
Representatives capacity as a director or officer of the Company, in the exercise of such
Stockholders fiduciary or other duties with respect to an Alternative Transaction Proposal or
Superior Proposal in compliance with the terms of the Merger Agreement) that would make any
representation or warranty contained herein untrue or incorrect or have the effect of impairing the
ability of Stockholder to perform such Stockholders obligations under this Agreement or preventing
or delaying the consummation of any of the transactions contemplated hereby.
(d) Any shares of Company Common Stock or other voting securities of the Company that
Stockholder purchases or with respect to which Stockholder otherwise acquires voting rights after
the date of this Agreement and prior to the Expiration Date, including pursuant to the exercise of
options or warrants to purchase shares of Company Common Stock (collectively, the New Shares)
shall be subject to the terms and conditions of this Agreement to the same extent as if they
constituted the Shares.
2. Agreement to Vote Shares. Prior to the Expiration Date, at every meeting of the
stockholders of the Company called with respect to any of the following matters, and at every
adjournment or postponement thereof, and on every action or approval by written consent or
resolution of the stockholders of the Company with respect to any of the following matters,
Stockholder shall vote, to the extent not voted by the person(s) appointed under the Proxy (as
defined in Section 3 below), (i) the Shares, (ii) any shares of Company Common Stock that have
ceased to be Shares as a result of a transfer pursuant to Section 1(a)(v) above (provided that
Stockholder is the stockholder of record as of the applicable record date and accordingly legally
entitled to vote such shares of Company Common Stock described in this clause (ii)), and (iii) any
New Shares held by Stockholder at the time any such vote is taken in favor of adoption of the
Merger Agreement and any matter proposed in connection with the Merger that is reasonably necessary
to facilitate the Merger, and against any Alternative Transaction Proposal and any other matter
that would reasonably be expected to prevent, delay, postpone or frustrate the purposes of the
Merger (other than any adjournment or postponement of any aforementioned meeting of the
stockholders of the Company).
3. Irrevocable Proxy. Concurrently with the execution and delivery of this Agreement,
Stockholder shall deliver to Acquiror a duly executed proxy in the form attached hereto as
Exhibit A (the Proxy), which proxy is coupled with an interest, and, until the Expiration
Date, shall be irrevocable to the fullest extent permitted by Applicable Law, with respect to each
and every meeting of stockholders of the Company or action or approval by written resolution or
consent of stockholders of the Company with respect to the matters contemplated by Section 2
covering the total number of Shares, any shares of
2
Company Common Stock that have ceased to be Shares as a result of a transfer pursuant to
Section 1(a)(v) above, and New Shares in respect of which Stockholder is entitled to vote at any
such meeting or in connection with any such written consent. Upon the execution of this Agreement
by Stockholder, (i) Stockholder hereby revokes any and all prior proxies (other than the Proxy)
given by Stockholder with respect to the voting of the Shares in connection with the matters set
forth in Section 2, and (ii) Stockholder shall not grant any subsequent proxies with respect to the
voting of the Shares in connection with the matters set forth in Section 2, or enter into any
agreement or understanding with any Person to vote or give instructions with respect to the Shares
and the New Shares in any manner inconsistent with the terms of Section 2, until after the
Expiration Date.
4. Representations, Warranties and Covenants of Stockholder. Stockholder hereby
represents, warrants and covenants to Acquiror as follows as of the date hereof (except as
specifically set forth below):
(a) Stockholder is the beneficial or record owner of, or has the right to exercise voting
power over, that number of shares of Company Common Stock set forth on the signature page hereto
(all such shares owned beneficially or of record by Stockholder, or over which Stockholder
exercises voting power, on the date hereof, are collectively, the Shares; provided that Shares
subsequently transferred as permitted in Section 1(a) above shall from and after such transfer
cease to be considered Shares and provided further, that any references in this agreement to
Shares, New Shares, Company Common Stock, company voting securities and the like shall specifically
exclude any shares held of record by TCV IV, L.P. and TCV IV Strategic Partners, L.P. which shares
shall not in any respect be subject to the terms of this agreement regardless of any voting rights
Stockholder may have with respect thereto). As of the date hereof, the Shares constitute
Stockholders entire interest in the outstanding shares of Company Common Stock and Stockholder is
not the beneficial or record holder of, and does not exercise voting power over, any other
outstanding shares of Company Capital Stock. No person who is not a signatory to this Agreement
has a beneficial interest in or a right to acquire or vote any of the Shares (other than, (i) if
Stockholder is a partnership, the rights and interest of persons and entities that own partnership
interests in Stockholder under the partnership agreement governing Stockholder and applicable
partnership law or (ii) if Stockholder is a married individual and resides in a State with
community property laws, the community property interest of his or her spouse to the extent
applicable under such community property laws). The Shares are and will be at all times up until
the Expiration Date free and clear of any security interests, liens, pledges, options, rights of
first refusal, co-sale rights, agreements, limitations on Stockholders voting rights, charges and
other encumbrances of any nature that would materially and adversely affect Stockholders ability
to perform his, her or its obligations under this Agreement. Stockholders current principal
residence or current place of business is set forth on the signature page hereto.
(b) Stockholder has all requisite power, capacity and authority to enter into this Agreement
and to consummate the transactions contemplated hereby. The execution and delivery of this
Agreement by Stockholder and the consummation by Stockholder of the transactions contemplated
hereby have been duly authorized by all necessary corporate or similar action, if any, on the part
of Stockholder. This Agreement has been duly executed and delivered by Stockholder and, assuming
the due authorization, execution and delivery of this Agreement by Acquiror, constitutes a valid
and binding obligation of Stockholder, enforceable against Stockholder in accordance with its
terms, subject to applicable bankruptcy, insolvency, fraudulent conveyance, reorganization,
moratorium and similar laws affecting creditors rights and remedies generally and to general
principles of equity.
(c) The execution and delivery of this Agreement does not, and the consummation of the
transactions contemplated hereby and compliance with the provisions hereof will not, conflict with,
result in a breach or violation of or default (with or without notice or lapse of time or both)
under, or
3
require notice to or the consent of any person under, any contract, law, rule, regulation,
judgment, order or decree by which Stockholder is bound, except for such conflicts, breaches,
violations or defaults that would not, individually or in the aggregate, materially and adversely
affect Stockholders ability to perform his, her or its obligations under this Agreement.
(d) If the Stockholder is an entity and not an individual, until the Expiration Date, such
Stockholder, in its capacity as a stockholder of the Company only, shall not, and shall not
authorize or permit any of its general partners, officers, managers, employees or affiliated
investment funds to, directly or indirectly, solicit, initiate, seek, endorse, recommend or
support, or knowingly encourage or facilitate, any inquiry, proposal or offer from, furnish any
non-public information to, or participate in any discussions or negotiations with (except to
disclose the existence of the provisions of this Section 4), or enter into any agreement with, any
party or group regarding any Alternative Transaction, provided that nothing herein shall
prevent any director of the Company from exercising such directors fiduciary duties to the
stockholders of the Company.
5. Consent and Waiver; Termination of Existing Agreements. Stockholder hereby agrees
to give any consents or waivers that are reasonably required for the consummation of the Merger
under the terms of any agreement or instrument to which Stockholder is a party or subject or in
respect of any rights Stockholder may have in connection with the Merger (whether such rights exist
under the certificate of incorporation or bylaws of the Company, any Contract to which the Company
is a party or by which it is, or any of its assets are, bound under statutory or common law or
otherwise). Without limiting the generality or effect of the foregoing, Stockholder hereby waives
any and all rights to contest or object to the execution and delivery of the Merger Agreement, the
Company Board of Directors actions in approving and recommending the Merger, the consummation of
the Merger and the other transactions provided for in the Merger Agreement, or to seek damages or
other legal or equitable relief in connection therewith. From and after the Effective Time,
Stockholders right to receive cash on the terms and subject to the conditions set forth in the
Merger Agreement shall constitute Stockholders sole and exclusive right against the Company and/or
Acquiror in respect of Stockholders ownership of the Shares and the New Shares or status as a
stockholder of the Company or any agreement or instrument with the Company pertaining to the Shares
or New Shares or Stockholders status as a stockholder of the Company.
6. Confidentiality. Until the Acquiror has publicly disclosed the Merger, Stockholder
shall hold any information regarding this Agreement and the Merger in strict confidence and shall
not divulge any such information to any third person.
7. Appraisal Rights. Stockholder agrees not to exercise any rights of appraisal or
any dissenters rights that Stockholder may have (whether under Applicable Law or otherwise) or
could potentially have or acquire in connection with the Merger.
8. Miscellaneous.
(a) Notices. All notices and other communications hereunder shall be in writing and
shall be deemed given on (i) the date of delivery, if delivered personally or by commercial
delivery service, or (ii) on the date of confirmation of receipt (or the next Business Day, if the
date of confirmation of receipt is not a Business Day), if sent via facsimile (with confirmation of
receipt), to the parties hereto at the following address (or at such other address for a party as
shall be specified by like notice):
4
|
|
|
Symantec Corporation
20330 Stevens Creek Blvd.
Cupertino, CA 95014
Attention: Arthur F. Courville
Fax Number: (408) 517-8121 |
|
|
|
|
with a copy (which shall not constitute notice) to: |
|
|
|
|
Fenwick & West LLP
801 California Street
Mountain View, CA 94041
Attention: Daniel J. Winnike, Esq.
Douglas N. Cogen, Esq.
Andrew Y. Luh, Esq.
Facsimile No.: (650) 938-5200
Telephone No.: (650) 988-8500 |
|
|
(ii) |
|
if to Stockholder, to the address set forth for
the Stockholder on the signature page hereof. |
(b) Specific Performance; Injunctive Relief. The parties hereto acknowledge that
Acquiror will be irreparably harmed and that there will be no adequate remedy at law for a
violation of any of the covenants or agreements of Stockholder set forth herein or in the Proxy.
Therefore, it is agreed that, in addition to any other remedies that may be available to Acquiror
upon any such violation of this Agreement or the Proxy, Acquiror shall have the right to enforce
such covenants and agreements and the Proxy by specific performance, injunctive relief or by any
other means available to Acquiror at law or in equity and Stockholder hereby waives any requirement
for the security or posting of any bond in connection with such enforcement.
(c) Counterparts. This Agreement may be executed in one or more counterparts, all of
which shall be considered one and the same instrument and shall become effective when one or more
counterparts have been signed by each of the parties and delivered to the other parties hereto; it
being understood that all parties need not sign the same counterpart.
(d) Entire Agreement; Nonassignability; Parties in Interest. This Agreement and the
documents and instruments and other agreements specifically referred to herein or delivered
pursuant hereto (including, without limitation, the Proxy) (i) constitute the entire agreement
among the parties with respect to the subject matter hereof and supersede all prior agreements and
understandings, both written and oral, among the parties with respect to the subject matter hereof
and (ii) are not intended to confer, and shall not be construed as conferring, upon any person
other than the parties hereto any rights or remedies hereunder. Neither this Agreement nor any of
the rights, interests, or obligations under this Agreement may be assigned or delegated, in whole
or in part, by operation of law or otherwise, by Stockholder without the prior written consent of
Acquiror, and any such assignment or delegation that is not consented to shall be null and void.
This Agreement, together with any rights, interests or obligations of Acquiror hereunder, may be
assigned or delegated in whole or in part by Acquiror to any affiliate of Acquiror without the
consent of or any action by Stockholder upon notice by Acquiror to Stockholder as herein provided.
Subject to the preceding sentence, this Agreement shall be binding upon, inure to the benefit of,
and be enforceable by, the parties hereto and their respective successors and assigns.
(e)
Severability. In the event that any provision of this Agreement, or the
application thereof, becomes or is declared by a court of competent jurisdiction to be illegal,
void or
5
unenforceable, the remainder of this Agreement shall continue in full force and effect and the
application of such provision to other persons or circumstances shall be interpreted so as
reasonably to effect the intent of the parties hereto. The parties hereto further agree to use
their commercially reasonable efforts to replace such void or unenforceable provision of this
Agreement with a valid and enforceable provision that shall achieve, to the extent possible, the
economic, business and other purposes of such void or unenforceable provision.
(f) Remedies Cumulative. Except as otherwise provided herein, any and all remedies
herein expressly conferred upon a party shall be deemed cumulative with and not exclusive of any
other remedy conferred hereby, or by law or equity upon such party, and the exercise by a party of
any one remedy shall not preclude the exercise of any other remedy.
(g) Governing Law. This Agreement shall be governed by and construed in accordance
with the laws of the State of Delaware without reference to such states principles of conflicts of
law.
(h) Rules of Construction. The parties hereto agree that they have been represented
by legal counsel during the negotiation, preparation and execution of this Agreement and,
therefore, waive the application of any law, regulation, holding or rule of construction providing
that ambiguities in an agreement or other document shall be construed against the party drafting
such agreement or document.
(i) Additional Documents, Etc. Stockholder shall execute and deliver any additional
documents necessary or desirable, in the reasonable opinion of and as reasonably requested by
Acquiror, to carry out the purpose and intent of this Agreement.
(j) Termination. This Agreement shall terminate and shall have no further force or
effect from and after the Expiration Date, and thereafter there shall be no liability or obligation
on the part of the Stockholder, provided, that no such termination shall relieve any party from
liability for any breach of this Agreement prior to such termination.
(k) WAIVER OF JURY TRIAL. EACH OF THE PARTIES HERETO HEREBY IRREVOCABLY WAIVES ALL
RIGHT TO TRIAL BY JURY IN ANY ACTION, PROCEEDING OR COUNTERCLAIM (WHETHER BASED ON CONTRACT, TORT,
OR OTHERWISE) ARISING OUT OF OR RELATING TO THIS AGREEMENT OR THE ACTIONS OF ANY PARTY HERETO IN
NEGOTIATION, ADMINISTRATION, PERFORMANCE OR ENFORCEMENT HEREOF.
[Signature Page Follows]
6
IN WITNESS WHEREOF, the parties hereto have caused this Voting Agreement to be executed as of
the date first above written.
|
|
|
|
|
|
|
|
|
|
|
|
|
SYMANTEC CORPORATION |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
By: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Name: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Title: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
STOCKHOLDER: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(Signature) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(Print name and title if signing on behalf of an entity) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(Print Address) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(Print Address) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(Print Telephone Number) |
|
|
|
|
|
|
|
|
|
|
|
|
|
Shares beneficially owned on the date hereof: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
shares of Company Common Stock |
|
|
[SIGNATURE PAGE TO VOTING AGREEMENT]
EXHIBIT A
IRREVOCABLE PROXY
TO VOTE STOCK OF
ALTIRIS, INC.
The undersigned stockholder of Altiris, Inc., a Delaware corporation (the Company), hereby
irrevocably (to the fullest extent permitted by applicable law) appoints Arthur Courville and James
Beer of Symantec Corporation, a Delaware corporation (Acquiror), and each of them, as the sole
and exclusive attorneys and proxies of the undersigned, with full power of substitution and
resubstitution, to vote and exercise all voting and related rights (to the fullest extent that the
undersigned is entitled to do so) with respect to all of the shares of capital stock of the Company
that now are or hereafter may be beneficially owned by the undersigned, and any and all other
shares or securities of the Company issued or issuable in respect thereof on or after the date
hereof (but not including shares transferred as permitted and in accordance with Section 1(a)(ii),
(iii), or (iv) of that certain Voting Agreement dated as of even date herewith by and between
Acquiror and the undersigned (the Voting Agreement)) (collectively, the Shares) in accordance
with the terms of this Irrevocable Proxy; provided, however, that for purposes of this proxy,
Shares shall not include any shares of the capital stock of the Company held by TCV IV, L.P. or TCV
IV Strategic Partners, L.P.. The Shares beneficially owned by the undersigned stockholder of the
Company as of the date of this Irrevocable Proxy are listed on the final page of this Irrevocable
Proxy. Upon the undersigneds execution of this Irrevocable Proxy, any and all prior proxies given
by the undersigned with respect to any Shares are hereby revoked and the undersigned agrees not to
grant any subsequent proxies or enter into any agreement or understanding with any Person (as
defined in the Merger Agreement (as defined below)) to vote or give instructions with respect to
the Shares in any manner inconsistent with the terms of this Irrevocable Proxy until after the
Expiration Date (as defined below).
Until the Expiration Date, this Irrevocable Proxy is irrevocable (to the fullest extent
permitted by applicable law), is coupled with an interest, is granted pursuant to the Voting
Agreement, and is granted in consideration of Acquiror entering into that certain Agreement and
Plan of Merger, dated as of January 26, 2007, by and among Acquiror, Atlas Merger Corp., a Delaware
corporation and wholly-owned subsidiary of Acquiror (Merger Sub) and the Company (the Merger
Agreement), pursuant to which Merger Sub will merge with and into the Company (the Merger), and
the Company will survive the Merger and become a wholly-owned subsidiary of Acquiror. As used
herein, the term Expiration Date shall mean the earlier to occur of (i) such date and time as the
Merger shall become effective in accordance with the terms and provisions of the Merger Agreement,
and (ii) the date and time of the valid termination of the Merger Agreement in accordance with its
terms.
The attorneys and proxies named above, and each of them, are hereby authorized and empowered
by the undersigned, at any time prior to the Expiration Date, to act as the undersigneds attorney
and proxy to vote the Shares, and to exercise all voting and other rights of the undersigned with
respect to the Shares (including, without limitation, the power to execute and deliver written
consents pursuant to the Delaware General Corporation Law, at every annual, special or adjourned
meeting of the stockholders of the Company and in every written consent in lieu of such meeting as
follows: (i) in favor of adoption of the Merger Agreement and any matter proposed in connection
with the Merger that is reasonably necessary to facilitate the Merger, and (ii) against any
Alternative Transaction Proposal (as such term is defined in Article I of the Merger Agreement) and
any other matter that would reasonably be expected to prevent, delay, postpone or frustrate the
purposes of the Merger (other than any adjournment or postponement of any aforementioned meeting of
the stockholders of the Company).
The attorneys and proxies named above may not exercise this Irrevocable Proxy on any other
matter except as provided above. The undersigned stockholder may vote the Shares on all other
matters.
All authority herein conferred shall survive the death or incapacity of the undersigned and
any obligation of the undersigned hereunder shall be binding upon the heirs, personal
representatives, successors and assigns of the undersigned.
[Signature Page Follows]
This Irrevocable Proxy is coupled with an interest as aforesaid and is irrevocable. This
Irrevocable Proxy may not be amended or otherwise modified without the prior written consent of
Acquiror. This Irrevocable Proxy shall terminate, and be of no further force and effect,
automatically upon the Expiration Date.
Dated: January 26, 2007
|
|
|
|
|
|
|
|
|
|
|
|
(Signature) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(Print name and title if signing on behalf of an entity)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(Print Address) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(Print Address) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(Print Telephone Number) |
|
|
|
|
|
|
|
|
|
Shares beneficially owned on the date hereof: |
|
|
|
|
|
|
|
|
|
shares of Company Common Stock |
|
|
[SIGNATURE PAGE TO IRREVOCABLE PROXY]
Exhibit 5
Voting Agreement
This VOTING AGREEMENT (this Agreement) is entered into as of January 26, 2007, by and
between Symantec Corporation, a Delaware corporation (Acquiror), and the undersigned stockholder
(Stockholder) of Altiris, Inc., a Delaware corporation (the Company). Terms not otherwise
defined herein shall have the respective meanings ascribed to them in the Merger Agreement (as
defined below).
Recitals
A. The execution and delivery of this Agreement by Stockholder is a material inducement to the
willingness of Acquiror to enter into that certain Agreement and Plan of Merger, dated as of
January 26, 2007 (the Merger Agreement), by and among Acquiror, Atlas Merger Corp., a Delaware
corporation and wholly-owned subsidiary of Acquiror (Merger Sub), and the Company, pursuant to
which Merger Sub will merge with and into the Company (the Merger), and the Company will survive
the Merger and become a wholly-owned subsidiary of Acquiror.
B. Stockholder is the beneficial owner (as defined in Rule 13d-3 under the Securities Exchange
Act of 1934, as amended) of such number of shares of the Company Capital Stock as is indicated on
the signature page of this Agreement.
C. In consideration of the execution of the Merger Agreement by Acquiror, Stockholder (solely
in such Stockholders capacity as such) has agreed, subject to the terms and conditions set forth
herein, to vote the Shares (as defined below) and such other shares of Company Capital Stock over
which Stockholder has voting power, so as to facilitate the consummation of the Merger.
D. Stockholder understands and acknowledges that the Company and Acquiror are entitled to rely
on (i) the truth and accuracy of Stockholders representations contained herein and (ii)
Stockholders performance of the obligations set forth herein.
NOW, THEREFORE, in consideration of the premises and the covenants and agreements set forth in
the Merger Agreement and in this Agreement, and other good and valuable consideration, the receipt
and sufficiency of which are hereby acknowledged, the parties hereto hereby agree as follows:
1. Restrictions on Shares. Subject to the terms and conditions herein and in the
Merger Agreement,
(a) Stockholder shall not, directly or indirectly, transfer (except as may be specifically
required by court order or by operation of law), grant an option with respect to, sell, exchange,
pledge or otherwise dispose of or encumber the Shares (as such term is defined in Section 4 below)
or any New Shares (as such term is defined in Section 1(d) below), or make any offer or enter into
any agreement providing for any of the foregoing, at any time prior to the Expiration Date;
provided,
however, that nothing contained herein will be deemed to restrict the
ability of Stockholder to (i) exercise, prior to the Expiration Date, any Company Options held by
Stockholder, (ii) transfer or otherwise dispose of Shares to a charitable organization qualified
under Section 501(c)(3) of the Internal Revenue Code of 1986, as amended, (iii) if an individual
Stockholder, transfer or otherwise dispose of Shares to any member of Stockholders immediate
family; or to a trust for the benefit of Stockholder or any member of Stockholders immediate
family, (iv) if an entity Stockholder, transfer any Shares to any affiliated fund, or (v) if an
entity Stockholder, transfer, by way of a distribution in kind following the initial record date
set for the Company Stockholders Meeting (as defined in the Merger Agreement), any Shares, to its
1
limited partners and/or general partner in accordance with the terms of its limited
partnership agreement; provided however, that any transfer referred to in clauses
(ii), (iii), and (iv) of this section shall be permitted only if, as a precondition to such
transfer, the transferee, whether a charitable organization, affiliated entity, individual or
trust, agrees to be bound by the terms of this Agreement and, if requested by Acquiror, to execute
a Proxy (as hereinafter defined). As used herein, the term Expiration Date shall mean the
earlier of (i) the Effective Time and (ii) the date and time of the valid termination of the Merger
Agreement in accordance with its terms.
(b) Prior to the Expiration Date, Stockholder shall not, directly or indirectly, grant any
proxies or powers of attorney with respect to any of the Shares, deposit any of the Shares into a
voting trust, enter into a voting agreement (other than this Agreement) or similar binding
commitment with respect to any of the Shares.
(c) Prior to the Expiration Date, Stockholder shall not, directly or indirectly, take any
action (other than any action of Stockholder or any representative of Stockholder or employee or
member of any Affiliate of Stockholder (each a Representative), in such Stockholders or
Representatives capacity as a director or officer of the Company, in the exercise of such
Stockholders fiduciary or other duties with respect to an Alternative Transaction Proposal or
Superior Proposal in compliance with the terms of the Merger Agreement) that would make any
representation or warranty contained herein untrue or incorrect or have the effect of impairing the
ability of Stockholder to perform such Stockholders obligations under this Agreement or preventing
or delaying the consummation of any of the transactions contemplated hereby.
(d) Any shares of Company Common Stock or other voting securities of the Company that
Stockholder purchases or with respect to which Stockholder otherwise acquires voting rights after
the date of this Agreement and prior to the Expiration Date, including pursuant to the exercise of
options or warrants to purchase shares of Company Common Stock (collectively, the New Shares)
shall be subject to the terms and conditions of this Agreement to the same extent as if they
constituted the Shares.
2. Agreement to Vote Shares. Prior to the Expiration Date, at every meeting of the
stockholders of the Company called with respect to any of the following matters, and at every
adjournment or postponement thereof, and on every action or approval by written consent or
resolution of the stockholders of the Company with respect to any of the following matters,
Stockholder shall vote, to the extent not voted by the person(s) appointed under the Proxy (as
defined in Section 3 below), (i) the Shares, (ii) any shares of Company Common Stock that have
ceased to be Shares as a result of a transfer pursuant to Section 1(a)(v) above (provided that
Stockholder is the stockholder of record as of the applicable record date and accordingly legally
entitled to vote such shares of Company Common Stock described in this clause (ii)), and (iii) any
New Shares held by Stockholder at the time any such vote is taken in favor of adoption of the
Merger Agreement and any matter proposed in connection with the Merger that is reasonably necessary
to facilitate the Merger, and against any Alternative Transaction Proposal and any other matter
that would reasonably be expected to prevent, delay, postpone or frustrate the purposes of the
Merger (other than any adjournment or postponement of any aforementioned meeting of the
stockholders of the Company).
3. Irrevocable Proxy. Concurrently with the execution and delivery of this Agreement,
Stockholder shall deliver to Acquiror a duly executed proxy in the form attached hereto as
Exhibit A (the Proxy), which proxy is coupled with an interest, and, until the Expiration
Date, shall be irrevocable to the fullest extent permitted by Applicable Law, with respect to each
and every meeting of stockholders of the Company or action or approval by written resolution or
consent of stockholders of the Company with respect to the matters contemplated by Section 2
covering the total number of Shares, any shares of
2
Company Common Stock that have ceased to be Shares as a result of a transfer pursuant to
Section 1(a)(v) above, and New Shares in respect of which Stockholder is entitled to vote at any
such meeting or in connection with any such written consent. Upon the execution of this Agreement
by Stockholder, (i) Stockholder hereby revokes any and all prior proxies (other than the Proxy)
given by Stockholder with respect to the voting of the Shares in connection with the matters set
forth in Section 2, and (ii) Stockholder shall not grant any subsequent proxies with respect to the
voting of the Shares in connection with the matters set forth in Section 2, or enter into any
agreement or understanding with any Person to vote or give instructions with respect to the Shares
and the New Shares in any manner inconsistent with the terms of Section 2, until after the
Expiration Date.
4. Representations, Warranties and Covenants of Stockholder. Stockholder hereby
represents, warrants and covenants to Acquiror as follows as of the date hereof (except as
specifically set forth below):
(a) Stockholder is the beneficial or record owner of, or has the right to exercise voting
power over, that number of shares of Company Common Stock set forth on the signature page hereto
(all such shares owned beneficially or of record by Stockholder, or over which Stockholder
exercises voting power, on the date hereof, are collectively, the Shares; provided that Shares
subsequently transferred as permitted in Section 1(a) above shall from and after such transfer
cease to be considered Shares). As of the date hereof, the Shares constitute Stockholders entire
interest in the outstanding shares of Company Common Stock and Stockholder is not the beneficial or
record holder of, and does not exercise voting power over, any other outstanding shares of Company
Capital Stock. No person who is not a signatory to this Agreement has a beneficial interest in or
a right to acquire or vote any of the Shares (other than, (i) if Stockholder is a partnership, the
rights and interest of persons and entities that own partnership interests in Stockholder under the
partnership agreement governing Stockholder and applicable partnership law or (ii) if Stockholder
is a married individual and resides in a State with community property laws, the community property
interest of his or her spouse to the extent applicable under such community property laws). The
Shares are and will be at all times up until the Expiration Date free and clear of any security
interests, liens, pledges, options, rights of first refusal, co-sale rights, agreements,
limitations on Stockholders voting rights, charges and other encumbrances of any nature that would
materially and adversely affect Stockholders ability to perform his, her or its obligations under
this Agreement. Stockholders current principal residence or current place of business is set
forth on the signature page hereto.
(b) Stockholder has all requisite power, capacity and authority to enter into this Agreement
and to consummate the transactions contemplated hereby. The execution and delivery of this
Agreement by Stockholder and the consummation by Stockholder of the transactions contemplated
hereby have been duly authorized by all necessary corporate or similar action, if any, on the part
of Stockholder. This Agreement has been duly executed and delivered by Stockholder and, assuming
the due authorization, execution and delivery of this Agreement by Acquiror, constitutes a valid
and binding obligation of Stockholder, enforceable against Stockholder in accordance with its
terms, subject to applicable bankruptcy, insolvency, fraudulent conveyance, reorganization,
moratorium and similar laws affecting creditors rights and remedies generally and to general
principles of equity.
(c) The execution and delivery of this Agreement does not, and the consummation of the
transactions contemplated hereby and compliance with the provisions hereof will not, conflict with,
result in a breach or violation of or default (with or without notice or lapse of time or both)
under, or require notice to or the consent of any person under, any contract, law, rule,
regulation, judgment, order or decree by which Stockholder is bound, except for such conflicts,
breaches, violations or defaults that would not, individually or in the aggregate, materially and
adversely affect Stockholders ability to perform his, her or its obligations under this Agreement.
3
(d) If the Stockholder is an entity and not an individual, until the Expiration Date, such
Stockholder, in its capacity as a stockholder of the Company only, shall not, and shall not
authorize or permit any of its general partners, officers, managers, employees or affiliated
investment funds to, directly or indirectly, solicit, initiate, seek, endorse, recommend or
support, or knowingly encourage or facilitate, any inquiry, proposal or offer from, furnish any
non-public information to, or participate in any discussions or negotiations with (except to
disclose the existence of the provisions of this Section 4), or enter into any agreement with, any
party or group regarding any Alternative Transaction, provided that nothing herein shall
prevent any director of the Company from exercising such directors fiduciary duties to the
stockholders of the Company.
5. Consent and Waiver; Termination of Existing Agreements. Stockholder hereby agrees
to give any consents or waivers that are reasonably required for the consummation of the Merger
under the terms of any agreement or instrument to which Stockholder is a party or subject or in
respect of any rights Stockholder may have in connection with the Merger (whether such rights exist
under the certificate of incorporation or bylaws of the Company, any Contract to which the Company
is a party or by which it is, or any of its assets are, bound under statutory or common law or
otherwise). Without limiting the generality or effect of the foregoing, Stockholder hereby waives
any and all rights to contest or object to the execution and delivery of the Merger Agreement, the
Company Board of Directors actions in approving and recommending the Merger, the consummation of
the Merger and the other transactions provided for in the Merger Agreement, or to seek damages or
other legal or equitable relief in connection therewith. From and after the Effective Time,
Stockholders right to receive cash on the terms and subject to the conditions set forth in the
Merger Agreement shall constitute Stockholders sole and exclusive right against the Company and/or
Acquiror in respect of Stockholders ownership of the Shares and the New Shares or status as a
stockholder of the Company or any agreement or instrument with the Company pertaining to the Shares
or New Shares or Stockholders status as a stockholder of the Company.
6. Confidentiality. Until the Acquiror has publicly disclosed the Merger, Stockholder
shall hold any information regarding this Agreement and the Merger in strict confidence and shall
not divulge any such information to any third person.
7. Appraisal Rights. Stockholder agrees not to exercise any rights of appraisal or
any dissenters rights that Stockholder may have (whether under Applicable Law or otherwise) or
could potentially have or acquire in connection with the Merger.
8. Miscellaneous.
(a) Notices. All notices and other communications hereunder shall be in writing and
shall be deemed given on (i) the date of delivery, if delivered personally or by commercial
delivery service, or (ii) on the date of confirmation of receipt (or the next Business Day, if the
date of confirmation of receipt is not a Business Day), if sent via facsimile (with confirmation of
receipt), to the parties hereto at the following address (or at such other address for a party as
shall be specified by like notice):
4
|
|
|
Symantec Corporation
20330 Stevens Creek Blvd.
Cupertino, CA 95014
Attention: Arthur F. Courville
Fax Number: (408) 517-8121
|
|
|
|
|
with a copy (which shall not constitute notice) to: |
|
|
|
|
Fenwick & West LLP
801 California Street
Mountain View, CA 94041
Attention: Daniel J. Winnike, Esq.
Douglas N. Cogen, Esq.
Andrew Y. Luh, Esq.
|
|
|
|
|
Facsimile No.: (650) 938-5200
Telephone No.: (650) 988-8500 |
|
(ii) |
|
if to Stockholder, to the address set forth for
the Stockholder on the signature page hereof. |
(b) Specific Performance; Injunctive Relief. The parties hereto acknowledge that
Acquiror will be irreparably harmed and that there will be no adequate remedy at law for a
violation of any of the covenants or agreements of Stockholder set forth herein or in the Proxy.
Therefore, it is agreed that, in addition to any other remedies that may be available to Acquiror
upon any such violation of this Agreement or the Proxy, Acquiror shall have the right to enforce
such covenants and agreements and the Proxy by specific performance, injunctive relief or by any
other means available to Acquiror at law or in equity and Stockholder hereby waives any requirement
for the security or posting of any bond in connection with such enforcement.
(c) Counterparts. This Agreement may be executed in one or more counterparts, all of
which shall be considered one and the same instrument and shall become effective when one or more
counterparts have been signed by each of the parties and delivered to the other parties hereto; it
being understood that all parties need not sign the same counterpart.
(d) Entire Agreement; Nonassignability; Parties in Interest. This Agreement and the
documents and instruments and other agreements specifically referred to herein or delivered
pursuant hereto (including, without limitation, the Proxy) (i) constitute the entire agreement
among the parties with respect to the subject matter hereof and supersede all prior agreements and
understandings, both written and oral, among the parties with respect to the subject matter hereof
and (ii) are not intended to confer, and shall not be construed as conferring, upon any person
other than the parties hereto any rights or remedies hereunder. Neither this Agreement nor any of
the rights, interests, or obligations under this Agreement may be assigned or delegated, in whole
or in part, by operation of law or otherwise, by Stockholder without the prior written consent of
Acquiror, and any such assignment or delegation that is not consented to shall be null and void.
This Agreement, together with any rights, interests or obligations of Acquiror hereunder, may be
assigned or delegated in whole or in part by Acquiror to any affiliate of Acquiror without the
consent of or any action by Stockholder upon notice by Acquiror to Stockholder as herein provided.
Subject to the preceding sentence, this Agreement shall be binding upon, inure to the benefit of,
and be enforceable by, the parties hereto and their respective successors and assigns.
(e)
Severability. In the event that any provision of this Agreement, or the
application thereof, becomes or is declared by a court of competent jurisdiction to be illegal,
void or
5
unenforceable, the remainder of this Agreement shall continue in full force and effect and the
application of such provision to other persons or circumstances shall be interpreted so as
reasonably to effect the intent of the parties hereto. The parties hereto further agree to use
their commercially reasonable efforts to replace such void or unenforceable provision of this
Agreement with a valid and enforceable provision that shall achieve, to the extent possible, the
economic, business and other purposes of such void or unenforceable provision.
(f) Remedies Cumulative. Except as otherwise provided herein, any and all remedies
herein expressly conferred upon a party shall be deemed cumulative with and not exclusive of any
other remedy conferred hereby, or by law or equity upon such party, and the exercise by a party of
any one remedy shall not preclude the exercise of any other remedy.
(g) Governing Law. This Agreement shall be governed by and construed in accordance
with the laws of the State of Delaware without reference to such states principles of conflicts of
law.
(h) Rules of Construction. The parties hereto agree that they have been represented
by legal counsel during the negotiation, preparation and execution of this Agreement and,
therefore, waive the application of any law, regulation, holding or rule of construction providing
that ambiguities in an agreement or other document shall be construed against the party drafting
such agreement or document.
(i) Additional Documents, Etc. Stockholder shall execute and deliver any additional
documents necessary or desirable, in the reasonable opinion of and as reasonably requested by
Acquiror, to carry out the purpose and intent of this Agreement.
(j) Termination. This Agreement shall terminate and shall have no further force or
effect from and after the Expiration Date, and thereafter there shall be no liability or obligation
on the part of the Stockholder, provided, that no such termination shall relieve any party from
liability for any breach of this Agreement prior to such termination.
(k) WAIVER OF JURY TRIAL. EACH OF THE PARTIES HERETO HEREBY IRREVOCABLY WAIVES ALL
RIGHT TO TRIAL BY JURY IN ANY ACTION, PROCEEDING OR COUNTERCLAIM (WHETHER BASED ON CONTRACT, TORT,
OR OTHERWISE) ARISING OUT OF OR RELATING TO THIS AGREEMENT OR THE ACTIONS OF ANY PARTY HERETO IN
NEGOTIATION, ADMINISTRATION, PERFORMANCE OR ENFORCEMENT HEREOF.
[Signature Page Follows]
6
IN WITNESS WHEREOF, the parties hereto have caused this Voting Agreement to be executed as of
the date first above written.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
SYMANTEC CORPORATION |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
By: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Name: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Title: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
STOCKHOLDER: |
|
|
|
|
|
|
TCV IV, L.P. |
|
|
|
|
|
|
TCV IV Strategic Partners, L.P. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
By Technology Crossover Management IV, L.L.C., |
|
|
|
|
|
|
their General Partner |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(Signature) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Carla S. Newell, Attorney in Fact |
|
|
|
|
|
|
|
|
|
|
|
|
|
(Print name and title if signing on behalf of an entity) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
528 Ramona Street |
|
|
|
|
|
|
|
|
|
|
|
|
|
(Print Address) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Palo Alto, CA 94301 |
|
|
|
|
|
|
|
|
|
|
|
|
|
(Print Address) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
650-614-8224 |
|
|
|
|
|
|
|
|
|
|
|
|
|
(Print Telephone Number) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Shares beneficially owned on the date hereof: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
TCV IV, L.P. holds 2,958,508 shares of Company Common
Stock |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
TCV IV Strategic Partners, LLC. holds 110,319 shares of
Company Common Stock |
|
|
[SIGNATURE
PAGE TO VOTING AGREEMENT]
EXHIBIT A
IRREVOCABLE PROXY
TO VOTE STOCK OF
ALTIRIS, INC.
The undersigned stockholder of Altiris, Inc., a Delaware corporation (the Company), hereby
irrevocably (to the fullest extent permitted by applicable law) appoints Arthur Courville and James
Beer of Symantec Corporation, a Delaware corporation (Acquiror), and each of them, as the sole
and exclusive attorneys and proxies of the undersigned, with full power of substitution and
resubstitution, to vote and exercise all voting and related rights (to the fullest extent that the
undersigned is entitled to do so) with respect to all of the shares of capital stock of the Company
that now are or hereafter may be beneficially owned by the undersigned, and any and all other
shares or securities of the Company issued or issuable in respect thereof on or after the date
hereof (but not including shares transferred as permitted and in accordance with Section 1(a)(ii),
(iii), or (iv) of that certain Voting Agreement dated as of even date herewith by and between
Acquiror and the undersigned (the Voting Agreement)) (collectively, the Shares) in accordance
with the terms of this Irrevocable Proxy. The Shares beneficially owned by the undersigned
stockholder of the Company as of the date of this Irrevocable Proxy are listed on the final page of
this Irrevocable Proxy. Upon the undersigneds execution of this Irrevocable Proxy, any and all
prior proxies given by the undersigned with respect to any Shares are hereby revoked and the
undersigned agrees not to grant any subsequent proxies or enter into any agreement or understanding
with any Person (as defined in the Merger Agreement (as defined below)) to vote or give
instructions with respect to the Shares in any manner inconsistent with the terms of this
Irrevocable Proxy until after the Expiration Date (as defined below).
Until the Expiration Date, this Irrevocable Proxy is irrevocable (to the fullest extent
permitted by applicable law), is coupled with an interest, is granted pursuant to the Voting
Agreement, and is granted in consideration of Acquiror entering into that certain Agreement and
Plan of Merger, dated as of January 26, 2007, by and among Acquiror, Atlas Merger Corp., a Delaware
corporation and wholly-owned subsidiary of Acquiror (Merger Sub) and the Company (the Merger
Agreement), pursuant to which Merger Sub will merge with and into the Company (the Merger), and
the Company will survive the Merger and become a wholly-owned subsidiary of Acquiror. As used
herein, the term Expiration Date shall mean the earlier to occur of (i) such date and time as the
Merger shall become effective in accordance with the terms and provisions of the Merger Agreement,
and (ii) the date and time of the valid termination of the Merger Agreement in accordance with its
terms.
The attorneys and proxies named above, and each of them, are hereby authorized and empowered
by the undersigned, at any time prior to the Expiration Date, to act as the undersigneds attorney
and proxy to vote the Shares, and to exercise all voting and other rights of the undersigned with
respect to the Shares (including, without limitation, the power to execute and deliver written
consents pursuant to the Delaware General Corporation Law, at every annual, special or adjourned
meeting of the stockholders of the Company and in every written consent in lieu of such meeting as
follows: (i) in favor of adoption of the Merger Agreement and any matter proposed in connection
with the Merger that is reasonably necessary to facilitate the Merger, and (ii) against any
Alternative Transaction Proposal (as such term is defined in Article I of the Merger Agreement) and
any other matter that would reasonably be expected to prevent, delay, postpone or frustrate the
purposes of the Merger (other than any adjournment or postponement of any aforementioned meeting of
the stockholders of the Company).
The attorneys and proxies named above may not exercise this Irrevocable Proxy on any other
matter except as provided above. The undersigned stockholder may vote the Shares on all other
matters.
All authority herein conferred shall survive the death or incapacity of the undersigned and
any obligation of the undersigned hereunder shall be binding upon the heirs, personal
representatives, successors and assigns of the undersigned.
[Signature Page Follows]
This Irrevocable Proxy is coupled with an interest as aforesaid and is irrevocable. This
Irrevocable Proxy may not be amended or otherwise modified without the prior written consent of
Acquiror. This Irrevocable Proxy shall terminate, and be of no further force and effect,
automatically upon the Expiration Date.
Dated: January 26, 2007
|
|
|
|
|
|
|
TCV IV, L.P. |
|
|
|
|
TCV IV Strategic Partners, L.P. |
|
|
|
|
|
|
|
|
|
By Technology Crossover Management IV, L.L.C., |
|
|
|
|
their General Partner |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(Signature) |
|
|
|
|
|
|
|
|
|
Carla S. Newell, Attorney in Fact |
|
|
|
|
(Print name and title if signing on behalf of an entity)
|
|
|
|
|
|
|
|
|
|
528 Ramona Street |
|
|
|
|
(Print Address)
|
|
|
|
|
|
|
|
|
|
Palo Alto, CA 94301 |
|
|
|
|
(Print Address)
|
|
|
|
|
|
|
|
|
|
650-614-8224 |
|
|
|
|
(Print Telephone Number)
|
|
|
|
|
|
|
|
|
|
Shares beneficially owned on the date hereof: |
|
|
|
|
|
|
|
|
|
TCV IV, L.P. holds 2,958,508 shares of Company Common
Stock |
|
|
|
|
|
|
|
|
|
TCV IV Strategic Partners, LLC. holds 110,319 shares of
Company Common Stock |
|
|
[SIGNATURE PAGE TO IRREVOCABLE PROXY]