-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, IUAFmbdXUeV0K2INnD50n5cXjC/RPcikuOm38yrP/pLcFahDGj1a6cLP95hWgEIB iSXtr5ThsWXDdMMkWep9lw== 0000899140-02-000738.txt : 20021004 0000899140-02-000738.hdr.sgml : 20021004 20021004141459 ACCESSION NUMBER: 0000899140-02-000738 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20021004 GROUP MEMBERS: WARBURG PINCUS LLC GROUP MEMBERS: WARBURG, PINCUS &CO. FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: WARBURG PINCUS EQUITY PARTNERS LP CENTRAL INDEX KEY: 0001075598 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 466 LEXINGTON AVE. CITY: NEW YORK STATE: NY ZIP: 10017 BUSINESS PHONE: 2128780600 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: EEX CORP CENTRAL INDEX KEY: 0001023060 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 752421863 STATE OF INCORPORATION: TX FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-51475 FILM NUMBER: 02781858 BUSINESS ADDRESS: STREET 1: 2500 CITYWEST BLVD STREET 2: STE 1400 CITY: HOUSTON STATE: TX ZIP: 77042 BUSINESS PHONE: 7132433100 MAIL ADDRESS: STREET 1: 2500 CITYWEST BLVD. STREET 2: SUITE 1400 CITY: HOUSTON STATE: TX ZIP: 77042 FORMER COMPANY: FORMER CONFORMED NAME: ENSERCH EXPLORATION INC /TX/ DATE OF NAME CHANGE: 19970812 FORMER COMPANY: FORMER CONFORMED NAME: LONE STAR ENERGY PLANT OPERATIONS INC DATE OF NAME CHANGE: 19960917 SC 13D/A 1 ex1105828.txt AMENDMENT NO. 2 TO SCHEDULE 13D SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 - -------------------------------------------------------------------------------- SCHEDULE 13D/A Under the Securities Exchange Act of 1934 (Amendment No. 2) EEX Corporation - -------------------------------------------------------------------------------- (Name of the Issuer) Common Stock, par value $.01 per share - -------------------------------------------------------------------------------- (Title of Class of Securities) 26842V108 - -------------------------------------------------------------------------------- (CUSIP Number) Scott A. Arenare Managing Director and General Counsel Warburg Pincus LLC 466 Lexington Avenue New York, New York 10017 (212) 878-0600 - -------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) September 25, 2002 - -------------------------------------------------------------------------------- (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 which is the subject of this Schedule 13D, and is filing this schedule because of Section 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. [ ] Page 2 of 7 SCHEDULE 13D CUSIP NO. 26842V108 - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Warburg, Pincus Equity Partners, L.P. I.D. # 13-3986317 - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [x] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS WC - -------------------------------------------------------------------------------- 5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS [ ] REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- NUMBER 7 SOLE VOTING POWER OF 0 SHARES ----------------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER OWNED 19,845,000* BY ----------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER REPORTING 0 PERSON ----------------------------------------------------------------- WITH 10 SHARED DISPOSITIVE POWER 19,845,000* - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 19,845,000* - -------------------------------------------------------------------------------- 12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 31.8%** - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON PN - -------------------------------------------------------------------------------- * Represents (i) 9,922,500 shares of Common Stock issuable upon exercise of the Series A Warrants (as defined herein) at an exercise price of $12 per share; (ii) 2,362,500 shares of Common Stock issuable upon exercise of the Series B Warrants (as defined herein) at an exercise price of $12 per share; and (iii) 7,560,000 shares of Common Stock issuable upon exercise of the Series C Warrants (as defined herein) at an exercise price of $12 per share. Each of the Series A Warrants, Series B Warrants and Series C Warrants become exercisable after August 31, 1999. However, the Series C Warrants will be exercisable only as a stock appreciation right. ** Based on the number of shares reported as outstanding as of July 31, 2002 by the Company in its Quarterly Report on Form 10-Q for the three months ended June 30, 2002. Page 3 of 7 SCHEDULE 13D CUSIP NO. 26842V108 - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Warburg, Pincus & Co. I.D. # 13-6358475 - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [x] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS N/A - -------------------------------------------------------------------------------- 5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS [ ] REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION New York - -------------------------------------------------------------------------------- NUMBER 7 SOLE VOTING POWER OF SHARES ----------------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER OWNED 21,000,000* BY ----------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER REPORTING PERSON ----------------------------------------------------------------- WITH 10 SHARED DISPOSITIVE POWER 21,000,000* - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 21,000,000* - -------------------------------------------------------------------------------- 12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 33.0%** - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON PN - -------------------------------------------------------------------------------- * Represents (i) 10,500,000 shares of Common Stock issuable upon exercise of the Series A Warrants (as defined herein) at an exercise price of $12 per share; (ii) 2,500,000 shares of Common Stock issuable upon exercise of the Series B Warrants (as defined herein) at an exercise price of $12 per share; and (iii) 8,000,000 shares of Common Stock issuable upon exercise of the Series C Warrants (as defined herein) at an exercise price of $12 per share. Each of the Series A Warrants, Series B Warrants and Series C Warrants become exercisable after August 31, 1999. However, the Series C Warrants will be exercisable only as a stock appreciation right. ** Based on the number of shares reported as outstanding as of July 31, 2002 by the Company in its Quarterly Report on Form 10-Q for the three months ended June 30, 2002. Page 4 of 7 SCHEDULE 13D CUSIP NO. 26842V108 - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Warburg Pincus LLC (f/k/a E.M. Warburg, Pincus & Co., LLC) I.D. # 13-3536050 - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [x] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS N/A - -------------------------------------------------------------------------------- 5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS [ ] REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION New York - -------------------------------------------------------------------------------- NUMBER 7 SOLE VOTING POWER OF SHARES ----------------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER OWNED 21,000,000* BY ----------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER REPORTING 0 PERSON ----------------------------------------------------------------- WITH 10 SHARED DISPOSITIVE POWER 21,000,000* - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 21,000,000 - -------------------------------------------------------------------------------- 12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 33.0%** - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON OO - -------------------------------------------------------------------------------- * Represents (i) 10,500,000 shares of Common Stock issuable upon exercise of the Series A Warrants (as defined herein) at an exercise price of $12 per share; (ii) 2,500,000 shares of Common Stock issuable upon exercise of the Series B Warrants (as defined herein) at an exercise price of $12 per share; and (iii) 8,000,000 shares of Common Stock issuable upon exercise of the Series C Warrants (as defined herein) at an exercise price of $12 per share. Each of the Series A Warrants, Series B Warrants and Series C Warrants become exercisable after August 31, 1999. However, the Series C Warrants will be exercisable only as a stock appreciation right. ** Based on the number of shares reported as outstanding as of July 31, 2002 by the Company in its Quarterly Report on Form 10-Q for the three months ended June 30, 2002. Page 5 of 7 EXPLANATORY NOTE This Amendment No. 2 amends the Schedule 13D filed on behalf of Warburg, Pincus Equity Partners, L.P., a Delaware limited partnership ("WPEP"), Warburg, Pincus & Co., a New York general partnership ("WP"), and Warburg Pincus LLC (f/k/a E.M. Warburg, Pincus & Co., LLC), a New York limited liability company ("WPLLC") on May 18, 1999, as amended on May 30, 2002, relating to the common stock, par value $0.01 per share, of EEX Corporation, a Delaware corporation (the "Company"). Unless the context otherwise requires, references herein to the "Common Stock" are to the common stock of EEX Corporation, par value $0.01 per share. ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER.. Item 6 of the Schedule 13D is hereby amended by adding a new third paragraph thereto as follows: On September 25, 2002, Newfield, WPEP, Warburg, Pincus Netherlands Equity Partners I, C.V., Warburg, Pincus Netherlands Equity Partners II, C.V., Warburg, Pincus Netherlands Equity Partners III, C.V., Thomas M. Hamilton, David R. Henderson, Richard S. Langdon, David A. Trice and Terry W. Rathert entered into an Agreement of Correction in order to correct inaccuracies contained in the Voting Agreement, pursuant to which, among other things, the Voting Agreement was amended to reflect that WPEP, Warburg, Pincus Netherlands Equity Partners I, C.V., Warburg, Pincus Netherlands Equity Partners II, C.V. and Warburg, Pincus Netherlands Equity Partners III, C.V. may assign or transfer their shares of Series B Preferred Stock of the Company to an entity that is wholly owned by one or more of them if such entity agrees to be bound by the terms of the Voting Agreement in an instrument reasonably acceptable to Newfield. ITEM 7. MATERIAL TO BE FILED AS EXHIBITS. Exhibit 1 Agreement of Correction, dated as of September 25, 2002, by and among Newfield Exploration Company, Warburg, Pincus Equity Partners, L.P., Warburg, Pincus Netherlands Equity Partners I, C.V., Warburg, Pincus Netherlands Equity Partners II, C.V., Warburg, Pincus Netherlands Equity Partners III, C.V., Thomas M. Hamilton, David R. Henderson, Richard S. Langdon, David A. Trice and Terry W. Rathert. Page 6 of 7 SIGNATURES After reasonable inquiry and to the best of our knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct. Dated: October 4, 2002 WARBURG, PINCUS EQUITY PARTNERS, L.P. By: Warburg, Pincus & Co. General Partner By: /s/ Scott A. Arenare ------------------------------ Scott A. Arenare Partner Dated: October 4, 2002 WARBURG, PINCUS & CO. By: /s/ Scott A. Arenare ------------------------------ Scott A. Arenare Partner Dated: October 4, 2002 WARBURG PINCUS LLC By: /s/ Scott A. Arenare ------------------------------ Scott A. Arenare Managing Director Page 7 of 7 EXHIBIT INDEX Exhibit 1 Agreement of Correction, dated as of September 25, 2002, by and among Newfield Exploration Company, Warburg, Pincus Equity Partners, L.P., Warburg, Pincus Netherlands Equity Partners I, C.V., Warburg, Pincus Netherlands Equity Partners II, C.V., Warburg, Pincus Netherlands Equity Partners III, C.V., Thomas M. Hamilton, David R. Henderson, Richard S. Langdon, David A. Trice and Terry W. Rathert. EX-1 4 ex1107150.txt AGREEMENT OF CORRECTION EXHIBIT 1 --------- AGREEMENT OF CORRECTION This Agreement of Correction (the "Agreement") is entered into as of September 25, 2002 by and among Newfield Exploration Company, a Delaware corporation ("Newfield"), Warburg, Pincus Equity Partners, L.P., a Delaware limited partnership, Warburg, Pincus Netherlands Equity Partners I, C.V., a Dutch limited partnership, Warburg, Pincus Netherlands Equity Partners II, C.V., a Dutch limited partnership, and Warburg, Pincus Netherlands Equity Partners III, C.V., a Dutch limited partnership (collectively, the "Warburg Shareholders"), Thomas M Hamilton, David R. Henderson and Richard S. Langdon (collectively, the "Individual Shareholders") and David A. Trice and Terry W. Rathert. WHEREAS, the parties hereto have entered that certain Voting Agreement and Irrevocable Proxy, dated as of May 29, 2002 (the "Voting Agreement"); WHEREAS, Annex A to the Voting Agreement is inaccurate with respect to the Shareholder Shares (as defined in the Voting Agreement) held by the Individual Shareholders; and WHEREAS, the parties hereto desire to amend Annex A to correct such inaccuracies; NOW, THEREFORE, in consideration of the foregoing premises, the mutual covenants and agreements contained herein and in the Voting Agreement and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto, intending to be legally bound hereby, agree as follows: Section 1. Corrections to Voting Agreement. (a) Section 1.5 of the Voting Agreement is hereby corrected by adding the following proviso at the end thereof: "; provided, however, that the Warburg Shareholders shall be permitted to assign or transfer any Shareholder Shares held by the Warburg Shareholders to any entity that is wholly owned by one or more of the Warburg Shareholders, but only if such entity agrees to be bound by the terms of this Agreement pursuant to an instrument reasonably acceptable to Parent." (b) Annex A to the Voting Agreement is hereby replaced in its entirety by the corrected Annex A set forth in Exhibit 1 hereto. Each of the parties hereto acknowledges and agrees that the parties may substitute such corrected Annex A in the Voting Agreement and that such corrected Annex A shall be deemed to have been a part of the Voting Agreement for all purposes as of its effective date as if such corrected Annex A were originally set forth therein. (c) Except as provided in this Section 1, the Voting Agreement shall remain in full force and effect. Section 2. Definitions. Capitalized terms that are used but not defined in this Agreement shall have the meanings set forth in the Voting Agreement. Section 3. Counterparts. This Agreement may be executed in two or more counterparts, all of which shall be considered one and the same agreement. Section 4. Governing Law. This Agreement shall be governed and construed in accordance with the internal laws of the State of Texas, without giving effect to the principles of conflicts of law thereof that would require the application of another state's law. Each of the parties hereto hereby irrevocably and unconditionally consents to submit to the exclusive jurisdiction of the courts of the State of Texas for any litigation arising out of or relating to this Agreement and the transactions contemplated hereby (and agrees not to commence any litigation relating thereto except in such courts), waives any objection to the laying of venue of any such litigation in such courts and agrees not to plead or claim that litigation brought in such courts has been brought in an inconvenient forum. Section 5. Amendment. This Agreement may not be modified, amended, altered or supplemented, except upon the execution and delivery of a written agreement executed by each of the parties hereto. [signature pages follow] 2 IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date first set forth above. NEWFIELD EXPLORATION COMPANY By: /s/ David A. Trice ------------------------------ Name: David A. Trice Title: President and Chief Executive Officer WARBURG, PINCUS EQUITY PARTNERS, L.P. By: Warburg, Pincus & Co., its General Partner By: /s/ Peter R. Kagan ------------------------------ Name: Peter R. Kagan Title: Managing Director WARBURG, PINCUS NETHERLANDS EQUITY PARTNERS I, C.V. By: Warburg, Pincus & Co., its General Partner By: /s/ Peter R. Kagan ------------------------------ Name: Peter R. Kagan Title: Managing Director WARBURG, PINCUS NETHERLANDS EQUITY PARTNERS II, C.V. By: Warburg, Pincus & Co., its General Partner By: /s/ Peter R. Kagan ------------------------------ Name: Peter R. Kagan Title: Managing Director WARBURG, PINCUS NETHERLANDS EQUITY PARTNERS III, C.V. By: Warburg, Pincus & Co., its General Partner By: /s/ Peter R. Kagan ------------------------------ Name: Peter R. Kagan Title: Managing Director /s/ Thomas M. Hamilton ------------------------------ Thomas M. Hamilton /s/ David R. Henderson ------------------------------ David R. Henderson /s/ Richard S. Langdon ------------------------------ Richard S. Langdon /s/ David A. Trice ------------------------------ David A. Trice /s/ Terry W. Rathert ------------------------------ Terry W. Rathert EXHIBIT 1 - CORRECTED ANNEX A ----------------------------- ANNEX A SHAREHOLDER SHARES
Shares of Company Shares of Company Shareholder Common Stock Preferred Stock ----------- ------------ --------------- Warburg, Pincus Equity Partners, L.P. - 1,830,888 Warburg, Pincus Netherlands Equity Partners I, C.V. - 58,123 Warburg, Pincus Netherlands Equity Partners II, C.V. - 38,749 Warburg, Pincus Netherlands Equity Partners III, C.V. - 9,687 Thomas M Hamilton 397,149 - David R. Henderson 80,375 - Richard S. Langdon 76,252 - Total Shareholder Shares 553,776 1,937,447
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