SC 13D/A 1 a2120895zsc13da.txt SCHEDULE 13D UNITED STATES OMB APPROVAL SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 OMB Number: 3235-0145 Expires: December 31, 2005 SCHEDULE 13D Estimated average burden hours per response......11 UNDER THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. 2) INFOCROSSING, INC. -------------------------------------------------------------------------------- (Name of Issuer) COMMON STOCK, $0.01 PAR VALUE -------------------------------------------------------------------------------- (Title of Class of Securities) 205265101 -------------------------------------------------------------------------------- (CUSIP Number) MIDOCEAN CAPITAL PARTNERS, L.P. C/O MIDOCEAN PARTNERS, L.P. 345 PARK AVENUE, 16th FLOOR NEW YORK, NY 10154 -------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) COPY TO: GEORGE P. STAMAS, ESQ. Kirkland & Ellis 655 15th Street, NW Washington, DC 20009 (202) 879-2000 OCTOBER 21, 2003 -------------------------------------------------------------------------------- (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 Sections 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. / / NOTE: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Section 240.13d-7 for other parties to whom copies are to be sent. 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). CUSIP No. 205265101 13D Page 2 of 12 Pages ------------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS / I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (entities only) Ultramar Capital, Ltd. ------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) / / (b) / / ------------------------------------------------------------------------------- 3 SEC USE ONLY ------------------------------------------------------------------------------- 4 SOURCE OF FUNDS Not Applicable -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(D) OR 2 (E) / / -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Cayman Islands ------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 375,000 SHARES ---------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER OWNED BY EACH REPORTING ---------------------------------------------------- PERSON 9 SOLE DISPOSITIVE POWER WITH 375,000 ---------------------------------------------------- 10 SHARED DISPOSITIVE POWER ------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 375,000 ------------------------------------------------------------------------------- 12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES / / ------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 2.5% ------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON CO ------------------------------------------------------------------------------- CUSIP No. 205265101 13D Page 3 of 15 Pages ------------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS / I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (entities only) J. Edward Virtue ------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) / / (b) / / ------------------------------------------------------------------------------- 3 SEC USE ONLY ------------------------------------------------------------------------------- 4 SOURCE OF FUNDS Not Applicable -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(D) OR 2 (E) / / -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States ------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 375,000 SHARES ---------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER OWNED BY EACH REPORTING ---------------------------------------------------- PERSON 9 SOLE DISPOSITIVE POWER WITH 375,000 ---------------------------------------------------- 10 SHARED DISPOSITIVE POWER ------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 375,000 ------------------------------------------------------------------------------- 12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES / / ------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 2.5% ------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON IN ------------------------------------------------------------------------------- CUSIP No. 205265101 13D Page 4 of 15 Pages ------------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS / I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (entities only) MidOcean Associates, SPC ------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) / / (b) / / ------------------------------------------------------------------------------- 3 SEC USE ONLY ------------------------------------------------------------------------------- 4 SOURCE OF FUNDS Not Applicable -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(D) OR 2 (E) / / -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Cayman Islands ------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 375,000 SHARES ---------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER OWNED BY EACH REPORTING ---------------------------------------------------- PERSON 9 SOLE DISPOSITIVE POWER WITH 375,000 ---------------------------------------------------- 10 SHARED DISPOSITIVE POWER ------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 375,000 ------------------------------------------------------------------------------- 12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES / / ------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 2.5% ------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON CO ------------------------------------------------------------------------------- CUSIP No. 205265101 13D Page 5 of 15 Pages ------------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS / I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (entities only) MidOcean Partners, LP ------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) / / (b) / / ------------------------------------------------------------------------------- 3 SEC USE ONLY ------------------------------------------------------------------------------- 4 SOURCE OF FUNDS Not Applicable -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED TO ITEMS 2(D) OR 2 (E) / / -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Cayman Islands ------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 375,000 SHARES ---------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER OWNED BY EACH REPORTING ---------------------------------------------------- PERSON 9 SOLE DISPOSITIVE POWER WITH 375,000 ---------------------------------------------------- 10 SHARED DISPOSITIVE POWER ------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 375,000 ------------------------------------------------------------------------------- 12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES / / ------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 2.5% ------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON PN ------------------------------------------------------------------------------- CUSIP No. 205265101 13D Page 6 of 15 Pages ------------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS / I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (entities only) Existing Fund GP, Ltd. ------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) / / (b) / / ------------------------------------------------------------------------------- 3 SEC USE ONLY ------------------------------------------------------------------------------- 4 SOURCE OF FUNDS Not Applicable -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(D) OR 2 (E) / / -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Cayman Islands ------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 375,000 SHARES ---------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER OWNED BY EACH REPORTING ---------------------------------------------------- PERSON 9 SOLE DISPOSITIVE POWER WITH 375,000 ---------------------------------------------------- 10 SHARED DISPOSITIVE POWER ------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 375,000 ------------------------------------------------------------------------------- 12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES / / ------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 2.5% ------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON CO ------------------------------------------------------------------------------- CUSIP No. 205265101 13D Page 7 of 15 Pages ------------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS / I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (entities only) MidOcean Capital Partners, L.P. ------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) / / (b) / / ------------------------------------------------------------------------------- 3 SEC USE ONLY ------------------------------------------------------------------------------- 4 SOURCE OF FUNDS Not Applicable -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(D) OR 2 (E) / / -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware ------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 375,000 SHARES ---------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER OWNED BY EACH REPORTING ---------------------------------------------------- PERSON 9 SOLE DISPOSITIVE POWER WITH 375,000 ---------------------------------------------------- 10 SHARED DISPOSITIVE POWER ------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 375,000 ------------------------------------------------------------------------------- 12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES / / ------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 2.5% ------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON PN ------------------------------------------------------------------------------- CUSIP No. 205265101 13D Page 8 of 15 Pages ------------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS / I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (entities only) MidOcean Capital Inestors, L.P. ------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) / / (b) / / ------------------------------------------------------------------------------- 3 SEC USE ONLY ------------------------------------------------------------------------------- 4 SOURCE OF FUNDS Not Applicable -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(D) OR 2 (E) / / -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware ------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 375,000 SHARES ---------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER OWNED BY EACH REPORTING ---------------------------------------------------- PERSON 9 SOLE DISPOSITIVE POWER WITH 375,000 ---------------------------------------------------- 10 SHARED DISPOSITIVE POWER ------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 375,000 ------------------------------------------------------------------------------- 12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES / / ------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 2.5% ------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON PN ------------------------------------------------------------------------------- CUSIP No. 205265101 13D Page 9 of 15 Pages ITEM 1. SECURITY AND ISSUER This Amendment No. 2 ("Amendment") amends the Schedule 13D filed on May 10, 2000, as amended by Amendment No. 1 filed on February 21, 2003 (the "Schedule 13D"), and relates to the Common Stock, $0.01 par value, of Infocrossing, Inc., a Delaware corporation (the "Issuer"). This Amendment is being filed with the Securities and Exchange Commission pursuant to Rule 13d-2(a) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION Not Applicable. ITEM 4. PURPOSE OF TRANSACTION The response to Item 4 of Schedule 13D is hereby amended and supplemented as follows: On October 21, 2003, pursuant to an Exchange Agreement among MidOcean Capital Investors, L.P. (formerly, DB Capital Investors, L.P.) ("MCIL"), the Issuer and various other parties, MCIL exchanged 78,688.50 shares of Series A Convertible Preferred Stock convertible into 1,143,304 shares of Common Stock and Common Stock Purchase Warrants to purchase 1,405,612 shares of Common Stock for $12,520,875 in aggregate principal amount of loans, evidenced by promissory notes of the Issuer under a Term Loan Agreement with the Issuer, as Borrower, and $27,545,925 in cash. As a result of the foregoing transactions, the Reporting Persons no longer beneficially own greater than 5% of the outstanding Common Stock of the Issuer, and as a result, the Reporting Persons will no longer be required to file amendments with the Reporting Persons' holdings of Common Stock on Schedule 13D pursuant to Rule 13d-2(a) of the Exchange Act. The Exchange Agreement and the Term Loan Agreement are set forth as Exhibits 2 and 3, respectively, hereto. In addition, on October 21, 2003, MCIL, the Issuer and the other parties named therein entered into a Second Amended and Restated Registration Rights Agreement. Pursuant to the Registration Rights Agreement, MICL has the right, among other things, on the terms and conditions set forth therein, to (a) require the Company on one occasion to register for sale to the public the shares of Common Stock issuable upon the exercise of the Options and (b) to include the shares of Common Stock issuable upon exercise of the Options in registration statements filed by the Issuer on its own behalf or at the request of other holders of the Issuer's capital stock. The Second Amended Registration Rights Agreement is set forth as Exibit 4 hereto. Further, on October 21, 2003, MCIL, the Issuer and the other parties named therein entered into a Termination of Stockholders' Agreement in which each of the parties thereto agreed to voluntarily terminate all provisions of the Second Amended and Restated Stockholders' Agreement, dated February 1, 2002, by and among MCIL, the Issuer and the other parties named therein. In connection therewith, on October 21, 2003 Tyler Zachem, a Managing Director of MidOcean US Advisor, LLC (an affiliate of MCIL), and Timothy Billings, a Vice President of MidOcean US Advisor, LLC (an affiliate of MCIL), designees of MCIL to the board of directors (the "Board") of the Issuer have resigned from the Board. The Termination of Stockholders' Agreement is set forth as Exhibit 5 hereto. The foregoing summaries of the Exchange Agreement, the Term Loan Agreement, the Second Amended and Restated Registration Rights Agreement and the Termination of Stockholders' Agreement are CUSIP No. 205265101 13D Page 10 of 15 Pages qualified in their entirety by reference to Exhibits 2 through 5 to this Statement which are hereby incorporated herein by reference. ITEM 5. INTEREST IN SECURITIES OF THE ISSUER The response to Item 5 of Schedule 13D is hereby amended and supplemented as follows: All ownership percentages set forth herein assume that the Issuer has 15,126,527 shares of Common Stock outstanding as of October 21, 2003, as represented by the Issuer to MICL on October 21, 2003. Pursuant to an Option Agreement, dated as of May 10, 2000, between Zach Lonstein, Chairman of the Board and Chief Executive Officer of the Issuer, and MCIL, MCIL has an irrevocable option to purchase up to 375,000 shares of Common Stock held by him at $25.00 per share. The Option Agreement was an exhibit to the initial filing of the Schedule 13D. As of the date of this Amendment, this option to purchase Common Stock represents the sole interest of the Reporting Persons in the Common Stock of the Issuer. MCIL's direct beneficial ownership of 375,000 shares of Common Stock approximately pursuant to the Option Agreement constitutes direct beneficial ownership of 2.5% of the total number of shares of outstanding Common Stock. MCIL has the sole power to vote and the sole power to dispose of the entire number of shares directly beneficially owned by it. Each of Ultramar Capital, Ltd., MidOcean Capital Partners, L.P., Existing Fund GP, Ltd., MidOcean Partners, LP and MidOcean Associates, SPC may all be deemed to be beneficial owners of the securities and to have sole power to vote and sole power to dispose of the entire number of shares directly beneficially owned by MCIL as a result of their direct or indirect control relationship with MCIL. J. Edward Virtue may be deemed the beneficial owner of the securities because he indirectly controls MCIL, but disclaims beneficial ownership except to the extent of his pecuniary interest therein. As of October 21, 2003, the Reporting Persons ceased to be the beneficial owner of more than 5% of the Common Stock of the Issuer. ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERTAKINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER The response to Item 6 of Schedule 13D is hereby amended and supplemented as follows: The Exchange Agreement between MCIL and the Issuer that resulted in the disposition of its shares of Series A Convertible Preferred Stock and Common Stock Purchase Warrants is described in Item 5. The Option Agreement that continues to be held by MCIL is described in Item 5. ITEM 7. MATERIAL TO BE FILED AS EXHIBITS 1. Joint Filing Agreement 2. Exchange Agreement 3. Term Loan Agreement 4. Amended Registration Rights Agreement 5. Termination of Stockholders' Agreement CUSIP No. 205265101 13D Page 11 of 12 Pages SIGNATURES After reasonable inquiry and to the best of each of the undersigned's knowledge and belief, each of the undersigned certify that the information set forth in this statement is true, complete and correct. Date: October 21, 2003 ULTRAMAR CAPITAL, LTD. By: /s/ J. Edward Virtue ------------------------------------------- Name: J. Edward Virtue Title: Director and Chief Executive Officer J. EDWARD VIRTUE /s/ J. Edward Virtue ----------------------------------------------- J. Edward Virtue MIDOCEAN ASSOCIATES, SPC, on behalf of MidOcean Partners Segregated Portfolio By: Ultramar Capital, Ltd., sole director of MidOcean Associates, SPC By: /s/ J. Edward Virtue ------------------------------------------ Name: J. Edward Virtue Title: Director and Chief Executive Officer MIDOCEAN PARTNERS, LP By: MidOcean Associates, SPC, on behalf of MidOcean Partners Segregated Portfolio, as general partner By: Ultramar Capital, Ltd., sole director of MidOcean Associates, SPC By: /s/ J. Edward Virtue ------------------------------------------- Name: J. Edward Virtue Title: Director and Chief Executive Officer CUSIP No. 205265101 13D Page 12 of 12 Pages EXISTING FUND GP, LTD. By: MidOcean Associates, SPC, sole director of Existing Fund GP, Ltd. By: Ultramar Capital, Ltd., sole director of MidOcean Associates, SPC By: /s/ J. Edward Virtue ------------------------------------------- Name: J. Edward Virtue Title: Director and Chief Executive Officer MIDOCEAN CAPITAL PARTNERS, L.P. By: Existing Fund GP, Ltd., its general partner By: MidOcean Associates, SPC, sole director By: /s/ J. Edward Virtue ------------------------------------------- Name: J. Edward Virtue Title: Chief Executive Officer MIDOCEAN CAPITAL INVESTORS, L.P. By: MidOcean Capital Partners, L.P., its general partner By: Existing Fund GP, Ltd., its general partner By: MidOcean Associates, SPC, sole director By: /s/ J. Edward Virtue ------------------------------------------- Name: J. Edward Virtue Title: Chief Executive Officer EXHIBIT A SCHEDULE 13D JOINT FILING AGREEMENT In accordance with the requirements of Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended, and subject to the limitations set forth therein, the parties set forth below agree to jointly file the Schedule 13D to which this joint filing agreement is attached, and have duly executed this joint filing agreement as of the date set forth below. Date: October 21, 2003 ULTRAMAR CAPITAL, LTD. By: /s/ J. Edward Virtue -------------------------------------------- Name: J. Edward Virtue Title: Director and Chief Executive Officer J. EDWARD VIRTUE /s/ J. Edward Virtue ------------------------------------------------ J. Edward Virtue MIDOCEAN ASSOCIATES, SPC, on behalf of MidOcean Partners Segregated Portfolio By: Ultramar Capital, Ltd., sole director of MidOcean Associates, SPC By: /s/ J. Edward Virtue ------------------------------------------- Name: J. Edward Virtue Title: Director and Chief Executive Officer MIDOCEAN PARTNERS, LP By: MidOcean Associates, SPC, on behalf of MidOcean Partners Segregated Portfolio, as general partner By: Ultramar Capital, Ltd., sole director of MidOcean Associates, SPC By: /s/ J. Edward Virtue ------------------------------------------- Name: J. Edward Virtue Title: Director and Chief Executive Officer EXISTING FUND GP, LTD. By: MidOcean Associates, SPC, sole director of Existing Fund GP, Ltd. By: Ultramar Capital, Ltd., sole director of MidOcean Associates, SPC By: /s/ J. Edward Virtue ------------------------------------------- Name: J. Edward Virtue Title: Director and Chief Executive Officer MIDOCEAN CAPITAL PARTNERS, L.P. By: Existing Fund GP, Ltd., its general partner By: MidOcean Associates, SPC, sole director By: /s/ J. Edward Virtue -------------------------------------------- Name: J. Edward Virtue Title: Chief Executive Officer MIDOCEAN CAPITAL INVESTORS, L.P. By: MidOcean Capital Partners, L.P., its general partner By: Existing Fund GP, Ltd., its general partner By: MidOcean Associates, SPC, sole director By: /s/ J. Edward Virtue -------------------------------------------- Name: J. Edward Virtue Title: Chief Executive Officer