EXHIBIT
10.1
JOINDER
AGREEMENT
[NOTEHOLDER] (the “undersigned”) is
executing and delivering this Joinder Agreement (this
“Agreement”) pursuant to Section 10(h)(2) of that
certain Note Purchase Agreement, dated as of December 29, 2006, by
and among Berliner Communications, Inc. (“Berliner”)
and certain investors set forth in Schedule A attached thereto (the
“Note Purchase Agreement”). Capitalized terms used but
not otherwise defined herein shall have the meanings ascribed to
them in the Note Purchase Agreement.
WHEREAS
, the undersigned desires to
purchase a Note in the principal amount of [PRINCIPAL] and warrants
to purchase [NUMBER OF] shares of Common Stock; and
WHEREAS
, the undersigned desires to enter
into this Agreement to become, for all purposes, a Buyer and an
Investor under the Note Purchase Agreement and to thereby evidence
its intention to agree to be bound by the terms of the Note
Purchase Agreement as if it were an original party
thereto.
In consideration of the premises, the agreements
herein contained and other good and valuable consideration, the
receipt and sufficiency of which are hereby acknowledged, the
undersigned agrees as follows:
1. The
undersigned hereby acknowledges, agrees, and confirms that upon
execution and delivery of this Agreement, the undersigned (and any
successor in interest thereto) shall irrevocably become and be
deemed to be a “Buyer” and an “Investor”
under the Note Purchase Agreement and shall have all of the
obligations, rights and benefits of a “Buyer” and an
“Investor” (as such terms are defined and used in the
Note Purchase Agreement) for all purposes under the Note Purchase
Agreement. The undersigned shall further be deemed to be a secured
party pursuant to the Security Agreement and a beneficiary under
the Guaranty, and shall have all the obligations, rights and
benefits as such under such agreements.
2. The
undersigned hereby acknowledges, agrees, and confirms that upon
execution and delivery of this Agreement, the undersigned (or any
successor in interest thereto) shall not be entitled to any
obligations, rights or benefits expressly provided to Sigma
Opportunity Fund, LLC or its affiliates (“Sigma”), in
their individual capacity, under the Note Purchase
Agreement.
3. The
undersigned hereby acknowledges, agrees, and confirms that upon
execution and delivery of this Agreement, all representations and
warranties made by Berliner under the Note Purchase Agreement speak
as of the date of execution of the Note Purchase Agreement, or such
other date as expressly set forth therein.
4. The
undersigned hereby acknowledges, agrees, and confirms that upon
execution and delivery of this Agreement, all representations and
warranties made by the undersigned as a
“Buyer” under the Note
Purchase Agreement speak as of the date of execution of this
Agreement.
5. The
undersigned represents and warrants that it has fully reviewed and
understands the Note Purchase Agreement and acknowledges that it is
not being, and has not been, represented by legal counsel for
Berliner or Sigma. The undersigned further acknowledges that it has
been advised to seek legal counsel independent of any party to the
Note Purchase Agreement before executing this Agreement, and
represents that independent legal counsel has been consulted to the
extent deemed necessary by the undersigned or its duly authorized
representatives.
6. (a) The
undersigned hereby irrevocably designates Sigma Opportunity Fund,
LLC as collateral agent (the “Collateral Agent”) for
the ratable benefit of the holders of the Not