0001104659-05-062302.txt : 20051222 0001104659-05-062302.hdr.sgml : 20051222 20051222133933 ACCESSION NUMBER: 0001104659-05-062302 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20051222 DATE AS OF CHANGE: 20051222 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: MOORES JOHN J CENTRAL INDEX KEY: 0001056840 IRS NUMBER: 465721765 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 14100 SOUTHWEST FREEWAY, SUITE 500 CITY: SUGARLAND STATE: TX ZIP: 77478 BUSINESS PHONE: 18005056366 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: NEON SYSTEMS INC CENTRAL INDEX KEY: 0001072978 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 760345839 STATE OF INCORPORATION: DE FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-57737 FILM NUMBER: 051281287 BUSINESS ADDRESS: STREET 1: 14100 SOUTHWEST FREEWAY STREET 2: STE 500 CITY: SUGARLAND STATE: TX ZIP: 77478 BUSINESS PHONE: 8005056366 MAIL ADDRESS: STREET 1: 14100 SOUTHWEST FREEWAY STREET 2: STE 500 CITY: SUGARLAND STATE: TX ZIP: 77478 SC 13D/A 1 a05-22240_1sc13da.htm AMENDMENT

UNITED STATES

SECURITIES AND EXCHANGE
COMMISSION

Washington, D.C. 20549

SCHEDULE 13D/A

Under the Securities Exchange Act of 1934
(Amendment No. )*

NEON Systems, Inc.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

640509105

(CUSIP Number)

Elizabeth Toner

12680 High Bluff Drive, #200

San Diego, CA 92130

(858) 259-2500

(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)

December 20, 2005

(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 person's 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).

CUSIP No. 640409105

	1.	Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only) John J. Moores

	2.	Check the Appropriate Box if a Member of a Group (See Instructions)
		(a)			o
		(b)			o

	3.	SEC Use Only

	4.	Source of Funds (See Instructions) PF

	5.	Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) o

	6.	Citizenship or Place of Organization US Citizen

Number of Shares Beneficially Owned by Each Reporting Person With			7.	Sole Voting Power 3,458,303

			8.	Shared Voting Power 744,265

			9.	Sole Dispositive Power 3,458,303

			10.	Shared Dispositive Power 744,265

	11.	Aggregate Amount Beneficially Owned by Each Reporting Person 4,202,568

	12.	Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) o N/A

	13.	Percent of Class Represented by Amount in Row (11) 44%(1)

	14.	Type of Reporting Person (See Instructions) IN

(1) Based on 9,558,198 shares of common stock outstanding on November 10, 2005.

This amendment on Schedule 13D/A amends the previously filed Schedule13D, as amended, as specifically set forth below.

Item 1.	Security and Issuer
	N/A

Item 2.	Identity and Background
	N/A

Item 3.	Source and Amount of Funds or Other Consideration
	N/A

Item 4.	Purpose of Transaction
Item 4 of the Schedule 13 D is hereby restated in its entirety as follows: On December 19, 2005, NEON Systems, Inc. (the “Company”), Progress Software Corporation, a Massachusetts corporation (“Progress”), and Noble Acquisition Corp., a Delaware corporation and a wholly owned direct subsidiary of Progress (“Purchaser”), entered into an Agreement and Plan of Merger (the “Merger Agreement”). Pursuant to the Merger Agreement, Purchaser will commence a cash tender offer (the “Offer”) to acquire all of the issued and outstanding shares of common stock of the Company at $6.20 per share in cash. Consummation of the Offer is conditioned upon the tender of a majority of the outstanding shares of Company common stock (including shares of Company common stock issuable pursuant to outstanding options and warrants that are vested and exercisable as of April 19, 2006), as well as other customary conditions, which may be subject to waiver. The Merger Agreement provides that following the Offer, Purchaser will be merged with and into the Company, with the Company surviving as a wholly-owned subsidiary of Progress (the “Merger”). In connection with the Merger, the shares of Company common stock that are not tendered in the Offer would be converted into the right to receive $6.20 per share in cash. On December 20, 2005, Progress and Purchaser entered into a Voting and Tender Agreement dated as of December 19, 2005 with Mr. Moores (the “Voting and Tender Agreement”). Pursuant to the Voting and Tender Agreement, Mr. Moores has agreed, among other things, to vote (i) in favor of the adoption of the Merger Agreement and the approval of the Merger and (ii) against any Acquisition Proposal or Superior Offer (as such terms are defined in the Merger Agreement). Mr. Moores has also agreed to tender in the Offer the Company common stock owned and controlled by him. The Voting and Tender Agreement terminates upon the earliest to occur of the following: (i) such date and time as Purchaser accepts for payment all of the shares held by Mr. Moores; (ii) such date and time as the Merger Agreement has been amended by the parties thereto to lower or change the form of consideration set forth in the Offer

Price; and (iii) such date and time as the Merger Agreement shall have been validly terminated pursuant to Article 8 thereof.

The foregoing description of the Voting and Tender Agreement does not purport to be complete and is qualified in its entirety by reference to the Voting and Tender Agreement filed as Exhibit 99.1 hereto and incorporated into this report by reference.

Item 5.	Interest in Securities of the Issuer
Paragraphs (a) and (b) of Item 5 are hereby amended to read in their entirety as follows: (a) and (b) 9,558,198 shares of Company common stock were outstanding as of November 10, 2005. Mr. Moores is deemed to be the beneficial owner of 4,202,568 shares of Company common stock (the “Shares”). The Shares constitute approximately 44% of the total issued and outstanding shares of Company common stock. Mr. Moore has the sole power to vote and dispose of 3,458,303 shares of Company common stock and shared power with various trusts to vote and dispose of 744,265 shares of Company common stock.

Item 6.	Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer
See Item 4 above.

Item 7.	Material to Be Filed as Exhibits
Exhibit 99.1		–	Voting and Tender Agreement by and among Progress Software Corporation, Noble Acquisition Corp. and John J. Moores.

Signature

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

	December 21, 2005
	Date
	/s/ John J. Moores
	Signature
	John J. Moores
	Name/Title

EX-99.1 2 a05-22240_1ex99d1.htm EXHIBIT 99

Exhibit 99.1

Voting and Tender Agreement

This Voting and Tender Agreement (this “Agreement”), is made and entered into as of December 19, 2005, by and among Progress Software Corporation, a Massachusetts corporation (“Parent”), Noble Acquisition Corp., a Delaware corporation and a wholly owned subsidiary of Parent (“Merger Sub”), and the undersigned stockholder (“Stockholder”) of NEON Systems, Inc., a Delaware corporation (the “Company”).

Recitals

A. Concurrently with the execution of this Agreement, Parent, Merger Sub and the Company are entering into an Agreement and Plan of Merger (the “Merger Agreement”) pursuant to which Merger Sub has agreed to make a tender offer (the “Offer”) for all outstanding shares of common stock, par value $0.01 per share, of the Company (“Company Common Stock”) at a price per share of $6.20, net to the seller in cash and subject to adjustment as set forth in the Merger Agreement (the “Offer Price”), such tender offer to be followed by the merger of Merger Sub with and into the Company (the “Merger”). Capitalized terms used but not defined herein shall have the meanings given to them in the Merger Agreement.

B. Stockholder is the record holder of such number of outstanding shares of Company Common Stock as is indicated on the signature pages to this Agreement.

C. As a material inducement to enter into the Merger Agreement, Parent and Merger Sub desire Stockholder to agree, and Stockholder is willing to agree, to vote and tender the Shares (as defined in Section 1.1 below), and such other shares of capital stock of the Company over which Stockholder has voting power, so as to facilitate consummation of the Offer and the Merger.

In consideration of the foregoing and the representations, warranties, covenants and agreements set forth in this Agreement, the parties agree as follows:

1. Tender and Voting of Shares.

1.1 Shares. The term “Shares” shall mean all issued and outstanding shares of Company Common Stock owned of record and beneficially owned by Stockholder or over which Stockholder exercises sole voting power, in each case, as of the date of this Agreement. Stockholder agrees that any shares of capital stock of the Company that Stockholder purchases or with respect to which Stockholder otherwise acquires beneficial ownership or over which Stockholder exercises sole voting power after the date of this Agreement and prior to the termination of this Agreement pursuant to Section 4 below shall be subject to the terms and conditions of this Agreement to the same extent as if they constituted Shares as of the date hereof.

1.2 Agreement to Tender Shares. Stockholder hereby covenants and agrees to tender and, subject to the satisfaction of the Minimum Condition, to sell to Merger Sub, not later than one (1) business day prior to the initial expiration date of the Offer, without regard to any

extension thereof (the “Initial Expiration Date”), all the Shares, pursuant to and in accordance with the Offer and this Agreement. Stockholder agrees that Stockholder shall deliver or cause to be delivered to the depositary for the Offer, not later than one (1) business day before the Initial Expiration Date of the Offer, either a letter of transmittal together with the certificates for the Shares, if available, or a “Notice of Guaranteed Delivery”, if the certificates for the Shares are not available. After such tender Stockholder shall not withdraw any such Shares, until this Agreement is terminated in accordance with its terms. Stockholder further agrees not to enter into any agreement or understanding with any person the effect of which would be inconsistent with or violative or any provision contained in this Section 1.2.

1.3 Agreement to Vote Shares. Stockholder hereby covenants and agrees that during the period commencing on the date hereof and continuing until this Agreement terminates pursuant to Section 4 hereof, at any meeting (whether annual or special and whether or not an adjourned or postponed meeting) of the stockholders of the Company, however called, and in any action by written consent of the stockholders of the Company, Stockholder shall appear at the meeting or otherwise cause any and all Shares to be counted as present thereat for purposes of establishing a quorum and vote (or cause to be voted) any and all Shares: (i) in favor of the approval and adoption of the Merger Agreement and the approval of the Merger; and (ii) against any Acquisition Proposal or Superior Offer. Stockholder further agrees not to enter into any agreement or understanding with any person the effect of which would be inconsistent with or violative of any provision contained in this Section 1.3.

1.4 Irrevocable Proxy. Concurrently with the execution of this Agreement, Stockholder agrees to deliver to Parent a proxy in the form attached hereto as Exhibit I (the “Proxy”), which shall be irrevocable, with respect to the Shares, subject to the other terms of this Agreement.

1.5 Adjustments Upon Changes in Capitalization. In the event of any change in the number of issued and outstanding shares of Company Common Stock by reason of any stock split, reverse split, stock dividend (including any dividend or distribution of securities convertible into Company Common Stock), combination, reorganization, recapitalization or other like change, conversion or exchange of shares, or any other change in the corporate or capital structure of the Company, the term “Shares” shall be deemed to refer to and include the Shares as well as all such stock dividends and distributions and any shares into which or for which any or all of the Shares may be changed or exchanged.

2. Transfer and Other Restrictions. Stockholder represents, covenants and agrees that, except for the proxy granted in Section 1.4 hereof and as contemplated by this Agreement: (i) Stockholder shall not, directly or indirectly, during the period commencing on the date hereof and continuing until this Agreement terminates pursuant to Section 4 hereof, offer for sale or agree to sell, transfer, tender, assign, pledge, hypothecate or otherwise dispose of or enter into any contract, option or other arrangement or understanding with respect to, or consent to, the offer for sale, sale, transfer, tender, pledge, hypothecation, encumbrance, assignment or other disposition of, or create any Encumbrance of any nature whatsoever with respect to any or all of the Shares or any interest thereon; (ii) Stockholder shall not grant any proxy, irrevocable proxy or power of attorney or deposit any Shares into a voting trust or enter into a voting agreement or arrangement with respect to the voting of Shares (each a “Voting Proxy”) to any person except as provided by this Agreement; and (iii) Stockholder has granted no Voting Proxy which is currently (or which will hereafter become) effective with respect to the Shares, and if any Voting Proxy has been granted to any person, such Voting Proxy is hereby revoked. Notwithstanding the foregoing, Stockholder may transfer any Shares as a bona fide gift or gifts, provided that it shall be a condition to such transfer that each donee thereof executes and delivers to Parent (A) an agreement with Parent and Merger Sub in the form of this Agreement and (B) an irrevocable proxy in the form attached hereto as Exhibit I, in each case with respect to any and all Shares so transferred.

3. Representations and Warranties of Stockholder. Stockholder represents and warrants to Parent and Merger Sub that:

3.1 Authority; Validity. Stockholder has all requisite capacity, power and authority to enter into this Agreement and to consummate the transactions contemplated hereby, including, without limitation, to sell, assign, transfer and deliver to Parent and/or Merger Sub, pursuant to the terms and subject to the conditions of this Agreement and the Merger Agreement, the Shares. The execution and delivery of this Agreement by Stockholder and the consummation by Stockholder of the transactions contemplated hereby have been duly and validly authorized by all necessary action on the part of Stockholder. This Agreement has been duly executed and delivered by Stockholder. If this Agreement is being executed in a representative or fiduciary capacity with respect to Stockholder, the person signing this Agreement has full power and authority to enter into and perform such Agreement.

3.2 Non-Contravention. The execution, delivery and performance of this Agreement does not, and the consummation of the transactions contemplated hereby and compliance with the provisions hereof will not, contravene, conflict with, or result in any violation of, breach of or default by (with or without notice or lapse of time, or both) Stockholder under, or give rise to a right of termination, cancellation or acceleration of any obligation under, or result in the creation of any Encumbrance upon any of the properties or assets of Stockholder under, any provision of (i) any loan or credit agreement, note, bond, mortgage, indenture, lease or other agreement, instrument, permit, concession, franchise or license applicable to Stockholder or (ii) any judgment, order, decree, statute, law, ordinance, injunction, rule or regulation applicable to Stockholder or any of Stockholder’s properties or assets, other than, in the case of clauses (i) and (ii), any such conflicts, violations, defaults, rights, or Encumbrances that, individually or in the aggregate, would not materially impair the ability of Stockholder to perform Stockholder’s obligations hereunder or prevent, limit or restrict the consummation of any of the transactions

contemplated hereby. There is no beneficiary or holder of a voting trust certificate or other interest of any trust of which Stockholder is settlor or trustee or any other person or Governmental Entity whose consent, approval, order or authorization is required by or with respect to Stockholder for the execution, delivery and performance of this Agreement by Stockholder or the consummation by Stockholder of the transactions contemplated hereby.

3.3 Title. Stockholder is the record owner of the shares of Company Common Stock indicated on the signature pages hereto, which, on and as of the date hereof, are free and clear of any Encumbrances that would adversely affect the ability of Stockholder to carry out the terms of this Agreement. The number of Shares set forth on the signature pages hereto are the only Shares owned of record or beneficially owned by Stockholder or over which Stockholder exercises voting power and, except as set forth on such signature pages, Stockholder holds no options or warrants to purchase or rights to subscribe for or otherwise acquire any securities of the Company and has no other interest in or voting rights with respect to any securities of the Company.

3.4 Power. Stockholder has sole voting power and sole power to issue instructions with respect to the matters set forth in Section 1 and Section 2 hereof, sole power of disposition and sole power to agree to all of the matters set forth in this Agreement, in each case with respect to all of the Shares, with no limitations, qualifications or restrictions on such rights (subject to applicable securities laws).

3.5 No Other Rights. Except for this Agreement, there are no outstanding options, warrants or other rights to purchase or acquire any of the Shares.

4. Effectiveness; Termination; No Survival. This Agreement shall become effective upon its execution by Stockholder, Parent and Merger Sub and upon the execution of the Merger Agreement. This Agreement may be terminated at any time by mutual written consent of Stockholder, Parent and Merger Sub. This Agreement, and the obligations of Stockholder hereunder, including, without limitation, Stockholder’s obligations under Section 1 and Section 2 above, shall terminate, without any action by the parties hereto, upon the earliest to occur of the following: (i) such date and time as the Merger shall become effective in accordance with the terms and provisions of the Merger Agreement; (ii) such date and time as Merger Sub accepts for payment all of the Shares held by Stockholder; (iii) such date and time as the Merger Agreement has been amended by the parties thereto to lower or change the form of consideration set forth in the Offer Price; and (iv) such date and time as the Merger Agreement shall have been validly terminated pursuant to Article 8 thereof.

5. Further Assurances. Subject to the terms of this Agreement, from time to time, Stockholder shall execute and deliver such additional documents and use commercially reasonable efforts to take, or cause to be taken, all such further actions, and to do or cause to be done, all things reasonably necessary, proper or advisable under applicable laws and regulations to consummate and make effective the transactions contemplated by this Agreement.

6. Miscellaneous.

6.1 Severability. If any term, provision, covenant or restriction of this Agreement is held by a court of competent jurisdiction to be invalid, void or unenforceable, the remainder of the terms, provisions, covenants and restrictions of this Agreement shall remain in full force and effect and shall in no way be affected, impaired or invalidated.

6.2 Binding Effect and Assignment. This Agreement and all of the provisions hereof shall be binding upon and inure to the benefit of the parties hereto and their respective successors and permitted assigns, but, except as otherwise specifically provided herein, neither this Agreement nor any of the rights, interests or obligations of the parties hereto may be assigned by either of the parties without the prior written consent of the other. Any purported assignment in violation of this Section 6.2 shall be void.

6.3 Amendments and Modification. This Agreement may not be modified, amended, altered or supplemented except upon the execution and delivery of a written agreement executed by the parties hereto.

6.4 Specific Performance; Injunctive Relief; Attorneys Fees. The parties hereto acknowledge that Parent and Merger Sub 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. Therefore, it is agreed that, in addition to any other remedies that may be available to Parent or Merger Sub upon any such violation, Parent and Merger Sub shall have the right to enforce such covenants and agreements by specific performance, injunctive relief or by any other means available to Parent or Merger Sub at law or in equity and Stockholder hereby irrevocably and unconditionally waives any objection to Parent and Merger Sub seeking so to enforce such covenants and agreements by specific performance, injunctive relief and other means. If any action, suit or other proceeding (whether at law, in equity or otherwise) is instituted concerning or arising out of this Agreement or any transaction contemplated hereunder, the prevailing party shall recover, in addition to any other remedy granted to such party therein, all such party’s costs and attorneys fees incurred in connection with the prosecution or defense of such action, suit or other proceeding.

6.5 Notices. All notices and other communications hereunder shall be in writing and shall be deemed given upon delivery either personally or by commercial delivery service, or sent via facsimile (receipt confirmed) to the parties at the following addresses or facsimile numbers (or at such other address or facsimile numbers for a party as shall be specified by like notice):

if to Parent or Merger Sub, to:

Progress Software Corporation
14 Oak Park
Bedford, MA 01730

Facsimile: (781) 280-4304
Attention: Joseph W. Alsop, Chief Executive Officer

with copies to:

Progress Software Corporation
14 Oak Park
Bedford, MA 01730

Facsimile: (781) 280-4035
Attention: James D. Freedman, Senior Vice President

and General Counsel

and

Foley Hoag LLP
Seaport World Trade Center West
155 Seaport Boulevard
Boston, Massachusetts 02210
Facsimile: (617) 832-7000
Attention: Robert L. Birnbaum, Esq. and

William R. Kolb, Esq.

if to Stockholder, at its address set forth on the signature pages hereto,

with a copy (which shall not constitute notice) to each of:

NEON Systems, Inc.

14100 Southwest Freeway, Suite 500

Sugar Land, TX 77478

Facsimile: (281) 242-3880

Attention: Mark J. Cresswell, Chief Executive Officer

and

Wilson Sonsini Goodrich & Rosati, Professional Corporation

8911 Capital of Texas Highway North

Austin, TX 78759

Facsimile: (512) 338-5499

Attention: Paul Tobias, Esq.

6.6 Governing Law; Submission to Jurisdiction. This Agreement shall be governed by and construed in accordance with the laws of the State of Delaware, regardless of the laws that might otherwise govern under applicable principles of conflicts of law thereof. The parties hereby irrevocably and unconditionally consent to submit to the exclusive jurisdiction of the courts of the United States of America located in Boston, Massachusetts for any actions, suits or proceedings arising out of or relating to this Agreement (and the parties agree not to commence any action, suit or proceeding relating thereto except in such courts), and further agree that service of any process, summons, notice or document by U.S. certified mail shall be effective service of process for any action, suit or proceeding brought against the parties in any such court. The parties hereby irrevocably and unconditionally waive any objection to the laying of venue of any action, suit or proceeding arising out of this Agreement, in the courts of the United States of America located in Boston, Massachusetts, and hereby further irrevocably and unconditionally

waive and agree not to plead or claim in any such court that any such action, suit or proceeding brought in any such court has been brought in an inconvenient forum.

6.7 Entire Agreement. The Merger Agreement, this Agreement and the Proxy granted hereunder constitute and contain the entire agreement and understanding of the parties with respect to the subject matter hereof and supersede any and all prior negotiations, correspondence, agreements, understandings, duties or obligations between the parties respecting the subject matter hereof.

6.8 Counterparts. This Agreement may be executed in counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument.

6.9 Captions. The captions to sections of this Agreement have been inserted only for identification and reference purposes and shall not be used to construe or interpret this Agreement.

6.10 Stockholder Capacity. Notwithstanding anything herein to the contrary, Stockholder makes no agreement or understanding herein in his capacity as a director or officer of the Company or any subsidiary of the Company, and the agreements set forth herein shall in no way restrict Stockholder in the exercise of his fiduciary duties as a director or officer of the Company or any subsidiary of the Company or limit or affect any actions taken by Stockholder in his capacity as an officer or director of the Company or any subsidiary of the Company. Stockholder has executed this Agreement solely in his capacity as the record and/or beneficial holder of Shares.

In Witness Whereof, the parties hereto have caused this Voting and Tender Agreement to be executed as of the date first above written.

	Progress Software Corporation


	By:	/s/ Joseph W. Alsop
	Name: Joseph W. Alsop
	Title: Chief Executive Officer


	Noble Acquisition Corp.


	By:	/s/ Joseph W. Alsop
	Name: Joseph W. Alsop
	Title: President

	Stockholder:


	/s/ John J. Moores
	John J. Moores, individually and in his capacity as trustee or officer of each of the trusts, corporations or other entities noted on Exhibit A hereto and incorporated by reference
	(Stockholder Name)


	Stockholder’s Address for Notice:




	Attention:


		Outstanding Shares of Company Common Stock Beneficially Owned by Stockholder:

		See Exhibit A


		Options, Warrants or Rights to purchase Company Common Stock Beneficially Owned by Stockholder:

		None

Exhibit I

Irrevocable Proxy

The undersigned stockholder (“Stockholder”) of NEON Systems, Inc., a Delaware corporation (the “Company”), hereby irrevocably appoints and constitutes the members of the Board of Directors of Progress Software Corporation (“Parent”) and each such Board member (collectively, the “Proxyholders”), the agents, attorneys-in-fact and proxies of the undersigned, with full power of substitution and resubstitution, to the full extent of the undersigned’s rights with respect to the shares of capital stock of the Company which are listed below (the “Shares”), and any and all other shares or securities issued or issuable in respect thereof on or after the date hereof and prior to the date this proxy terminates, to vote the Shares as follows: the Proxyholders named above are empowered at any time prior to termination of this proxy to exercise all voting and other rights (including, without limitation, the power to execute and deliver written consents with respect to the Shares) of the undersigned at every annual, special or adjourned meeting of the Company’s stockholders, and in every written consent in lieu of such a meeting, or otherwise, (i) in favor of the approval and adoption of the Agreement and Plan of Merger (the “Merger Agreement”) by and among Parent, Noble Acquisition Corp., a Delaware corporation and wholly owned subsidiary of Parent (“Merger Sub”), and the Company and the approval of the merger of Merger Sub with and into the Company (the “Merger”); and (ii) against approval of any Acquisition Proposal or Superior Offer (each as defined in the Merger Agreement).

The Proxyholders may not exercise this proxy on any other matter. Stockholder may vote the Shares on all matters other than those set forth in the immediately preceding paragraph. The proxy granted by Stockholder to the Proxyholders hereby is granted as of the date of this Irrevocable Proxy in order to secure the obligations of Stockholder set forth in Section 1.3 of the Voting Agreement, and is irrevocable and coupled with an interest in accordance with Section 212 of the Delaware General Corporation Law.

This proxy will terminate upon the termination of the Voting Agreement in accordance with its terms. Upon the execution hereof, all prior proxies given by the undersigned with respect to the Shares and any and all other shares or securities issued or issuable in respect thereof on or after the date hereof are hereby revoked and no subsequent proxies will be given until such time as this proxy shall be terminated in accordance with its terms. Any obligation of the undersigned hereunder shall be binding upon the successors and assigns of the undersigned. The undersigned Stockholder authorizes the Proxyholders to file this proxy and any substitution or revocation of substitution with the Secretary of the Company and with any Inspector of Elections at any meeting of the stockholders of the Company.

* * * * *

This proxy is irrevocable and shall survive the insolvency, incapacity, death or liquidation of the undersigned. Dated:

	/s/ John J. Moores
	Signature
	John J. Moores, individually and in his capacity as trustee or officer of each of the trusts, corporations or other entities noted on Exhibit A hereto and incorporated by reference
	Name (and Title)

Shares of Company Common Stock beneficially owned: See Exhibit A

Under the Securities Exchange Act of 1934 (Amendment No. )*