================================================================================
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
-----------------------
SCHEDULE 13D
Under the Securities Exchange Act of 1934
-----------------------
BOTTOMLINE TECHNOLOGIES (DE), INC.
(Name of Issuer)
COMMON STOCK, PAR VALUE $0.001 PER SHARE
(Title of Class of Securities)
101388106
(CUSIP Number)
THOMAS J. MURPHY
C/O GENERAL ATLANTIC SERVICE CORPORATION
3 PICKWICK PLAZA
GREENWICH, CONNECTICUT 06830
TEL. NO.: (203) 629-8600
(Name, Address and Telephone Number of
Person Authorized to Receive Notices
and Communications)
-----------------------
JANUARY 8, 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 Rule 13d-1(e), 1(f) or 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 Rule 13d-1(a) 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).
================================================================================
----------------------------- -----------------------------
101388106 Page 2 of 16
----------------------------- -----------------------------
--------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
General Atlantic Partners, LLC
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X]
(b) [_]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
--------------------------------------------------------------------------------
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 -0-
SHARES ------------------------------------------------
BENEFICIALLY OWNED BY EACH 8 SHARED VOTING POWER
REPORTING
PERSON 2,700,000
WITH ------------------------------------------------
9 SOLE DISPOSITIVE POWER
-0-
------------------------------------------------
10 SHARED DISPOSITIVE POWER
2,700,000
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,700,000
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[_]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
17.0%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
OO
--------------------------------------------------------------------------------
----------------------------- -----------------------------
101388106 Page 3 of 16
----------------------------- -----------------------------
--------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
General Atlantic Partners 74, L.P.
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X]
(b) [_]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
--------------------------------------------------------------------------------
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 -0-
SHARES ------------------------------------------------
BENEFICIALLY OWNED BY EACH 8 SHARED VOTING POWER
REPORTING
PERSON 2,700,000
WITH ------------------------------------------------
9 SOLE DISPOSITIVE POWER
-0-
------------------------------------------------
10 SHARED DISPOSITIVE POWER
2,700,000
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,700,000
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[_]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
17.0%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
--------------------------------------------------------------------------------
----------------------------- -----------------------------
101388106 Page 4 of 16
----------------------------- -----------------------------
--------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
GapStar, LLC
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X]
(b) [_]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
--------------------------------------------------------------------------------
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 -0-
SHARES ------------------------------------------------
BENEFICIALLY OWNED BY EACH 8 SHARED VOTING POWER
REPORTING
PERSON 2,700,000
WITH ------------------------------------------------
9 SOLE DISPOSITIVE POWER
-0-
------------------------------------------------
10 SHARED DISPOSITIVE POWER
2,700,000
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,700,000
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[_]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
17.0%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
OO
--------------------------------------------------------------------------------
----------------------------- -----------------------------
101388106 Page 5 of 16
----------------------------- -----------------------------
--------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
GAP Coinvestment Partners II, L.P.
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X]
(b) [_]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
--------------------------------------------------------------------------------
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 -0-
SHARES ------------------------------------------------
BENEFICIALLY OWNED BY EACH 8 SHARED VOTING POWER
REPORTING
PERSON 2,700,000
WITH ------------------------------------------------
9 SOLE DISPOSITIVE POWER
-0-
------------------------------------------------
10 SHARED DISPOSITIVE POWER
2,700,000
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,700,000
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[_]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
17.0%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
--------------------------------------------------------------------------------
----------------------------- -----------------------------
101388106 Page 6 of 16
----------------------------- -----------------------------
--------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
GAPCO GmbH & Co. KG
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X]
(b) [_]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e)
[_]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Germany
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF -0-
SHARES ------------------------------------------------
BENEFICIALLY OWNED BY EACH 8 SHARED VOTING POWER
REPORTING
PERSON 2,700,000
WITH ------------------------------------------------
9 SOLE DISPOSITIVE POWER
-0-
------------------------------------------------
10 SHARED DISPOSITIVE POWER
2,700,000
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,700,000
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[_]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
17.0%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
--------------------------------------------------------------------------------
----------------------------- -----------------------------
101388106 Page 7 of 16
----------------------------- -----------------------------
--------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
GAPCO Management GmbH
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X]
(b) [_]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e)
[_]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Germany
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF -0-
SHARES ------------------------------------------------
BENEFICIALLY OWNED BY EACH 8 SHARED VOTING POWER
REPORTING
PERSON 2,700,000
WITH ------------------------------------------------
9 SOLE DISPOSITIVE POWER
-0-
------------------------------------------------
10 SHARED DISPOSITIVE POWER
2,700,000
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,700,000
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[_]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
17.0%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
CO
--------------------------------------------------------------------------------
----------------------------- -----------------------------
101388106 Page 8 of 16
----------------------------- -----------------------------
ITEM 1. SECURITY AND ISSUER.
The title of the class of equity securities of Bottomline
Technologies (de) Inc., a Delaware corporation (the "Company"), to which this
statement relates is the Company's Common Stock, par value $0.001 per share (the
"Common Stock"). The address of the principal executive office of the Company is
155 Fleet Street, Portsmouth, New Hampshire 03801.
ITEM 2. IDENTITY AND BACKGROUND.
This statement is being filed by a group, as defined in Rule
13d-5 of the General Rules and Regulations under the Securities Exchange Act of
1934, as amended (the "Exchange Act"). The members of the group are General
Atlantic Partners, LLC, a Delaware limited liability company ("GAP"), General
Atlantic Partners 74, L.P., a Delaware limited partnership ("GAP 74"), GapStar,
LLC, a Delaware limited liability company ("GapStar"), GAP Coinvestment Partners
II, L.P., a Delaware limited partnership ("GAPCO II"), GAPCO GmbH & Co. KG, a
German limited partnership ("KG"), and GAPCO Management GmbH, a German
corporation ("GmbH Management" and, collectively with GAP, GAP 74, GapStar,
GAPCO II and KG, the "Reporting Persons"). The Reporting Persons (other than KG
and GmbH Management) are located at 3 Pickwick Plaza, Greenwich, Connecticut
06830. KG and GmbH Management are located c/o General Atlantic Partners GmbH,
Koenigsallee 62, 40212 Duesseldorf, Germany. Each of the Reporting Persons is
engaged in acquiring, holding and disposing of interests in various companies
for investment purposes. The general partner of GAP 74 is GAP. GAP is also the
Managing Member of GapStar. GmbH Management is the general partner of KG. The
managing members of GAP are Steven A. Denning, Peter L. Bloom, Peter Currie,
Mark F. Dzialga, Erik Engstrom, Klaus Esser, David C. Hodgson,
----------------------------- -----------------------------
101388106 Page 9 of 16
----------------------------- -----------------------------
William O. Grabe, William E. Ford, Braden R. Kelly, Rene M. Kern, William J.
Lansing, Clifton S. Robbins, Matthew Nimetz, Franchon M. Smithson, Tom C.
Tinsley, Florian Wendelstadt and John Wong (collectively, the "GAP Managing
Members"). The GAP Managing Members (other than Mr. Esser) are also the general
partners of GAPCO II. Mr. Grabe is a member of the Board of Directors of the
Company (the "Board"). The business address of each of the GAP Managing Members
(other than Messrs. Esser, Currie, Kelly, Kern, Lansing, Wendelstadt and Wong)
is 3 Pickwick Plaza, Greenwich, Connecticut 06830. The business address of Mr.
Esser is Koenigsallee 88, 40212, Duesseldorf, Germany. The business address of
Messrs. Kern and Wendelstadt is 83 Pall Mall, Sixth Floor, London SW1Y 5ES,
United Kingdom. The business address of Messrs. Currie, Kelly and Lansing is 630
Hansen Way, Palo Alto, California 94304. The business address of Mr. Wong is 24
Raffles Place, 29-04 Clifford Center, Singapore 048621. Messrs. Esser, Kern and
Wendelstadt are citizens of Germany; Mr. Engstrom is a citizen of Sweden; and
Mr. Wong is a citizen of Singapore. The present principal occupation or
employment of each of the GAP Managing Members is as a managing member of GAP.
Each of the GAP Managing Members, other than Messrs. Engstrom, Esser, Kern,
Wendelstadt and Wong, is a citizen of the United States.
None of the Reporting Persons and none of the above
individuals has, during the last five years, been (i) convicted in a criminal
proceeding (excluding traffic violations or similar misdemeanors) or (ii) a
party to a civil proceeding of a judicial or administrative body of competent
jurisdiction or subject to any judgment, decree or final order finding any
violation of federal or state securities laws or enjoining future violations of,
or prohibiting or mandating activities subject to, such laws.
----------------------------- -----------------------------
101388106 Page 10 of 16
----------------------------- -----------------------------
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.
This statement is being filed as a result of the Reporting
Persons entering into a Stock Purchase Agreement, dated January 8, 2002, by and
among the Company, GAP 74, GapStar, GAPCO II, KG and the other parties named
therein ("Stock Purchase Agreement"), pursuant to which the Company agreed to
sell, and GAP 74, GapStar, GAPCO II and KG agreed to purchase, an aggregate of
2,700,000 shares of Common Stock for an aggregate purchase price of $22,275,000.
The transactions contemplated by the Stock Purchase Agreement closed on January
15, 2002. See Item 6 for a more complete description.
All of the funds were obtained from contributions from
partners of GAP 74, GAPCO II and KG, and advances under an existing credit
facility for GapStar.
ITEM 4. PURPOSE OF TRANSACTION.
The Reporting Persons acquired beneficial ownership of the
shares of Common Stock described in this Schedule 13D for investment purposes.
From time to time the Reporting Persons may acquire additional shares of Common
Stock and dispose of some or all of the shares of Common Stock owned by them.
None of the Reporting Persons has any other plans which relate to or would
result in any of the items listed in paragraphs (a) through (j) of Item 4.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
(a) As of the date hereof, GAP, GAP 74, GapStar, GAPCO II
and KG each own of record no shares of Common Stock, 2,218,725 shares of Common
Stock, 173,846 shares of Common Stock, 303,985 shares of Common Stock and 3,444
shares of Common Stock, respectively, 0.0%, 13.9%, 1.1%, 1.9% and 0.0%,
respectively, of the Company's issued and outstanding shares of Common Stock.
----------------------------- -----------------------------
101388106 Page 11 of 16
----------------------------- -----------------------------
By virtue of the fact that (i) the GAP Managing Members (other
than Mr. Esser) are also the general partners authorized and empowered to vote
and dispose of the securities held by GAPCO II, (ii) GAP is the general partner
of GAP 74 and the managing member of GapStar and (iii) the GAP Managing Members
are authorized and empowered to vote and dispose of the securities held by KG,
the Reporting Persons may be deemed to share voting power and the power to
direct the disposition of the shares of Common Stock, which each owns of record.
As of the date hereof, each of the Reporting Persons may be deemed to own
beneficially an aggregate of 2,700,000 shares of Common Stock , or 17.0% of the
Company's issued and outstanding shares of Common Stock.
(b) Each of the Reporting Persons has the shared power to
direct the vote and the shared power to direct the disposition of the 2,700,000
shares of Common Stock that may be deemed to be owned beneficially by each of
them.
(c) Except as set forth herein, to the knowledge of the
Reporting Persons with respect to the persons named in response to paragraph
(a), none of the persons named in response to paragraph (a) has effected any
transactions in shares of Common Stock during the past 60 days.
(d) No person other than the persons listed is known to
have the right to receive or the power to direct the receipt of dividends from,
or the proceeds from the sale of, any securities owned by any member of the
group.
(e) Not Applicable.
----------------------------- -----------------------------
101388106 Page 12 of 16
----------------------------- -----------------------------
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIP WITH RESPECT TO
THE ISSUER.
As noted above, the GAP Managing Members (other than Mr.
Esser) are authorized and empowered to vote and dispose of the securities held
by GAPCO II and KG, and GAP is authorized and empowered to vote and dispose of
the securities held by GAP 74 and GapStar. Accordingly, GAP and the GAP Managing
Members may, from time to time, consult among themselves and coordinate the
Common Stock voting and disposition of the shares of the Company's shares of
Common Stock, as well as such other action taken on behalf of the Reporting
Persons with respect to the Company's shares of Common Stock as they deem to be
in the collective interest of the Reporting Persons.
As described in Item 3 above, (i) on January 8, 2002, GAP 74,
GapStar, GAPCO II and KG entered into the Stock Purchase Agreement pursuant to
which GAP 74, GapStar, GAPCO II and KG agreed to purchase an aggregate of
2,700,000 shares of Common Stock for an aggregate purchase price of $22,275,000
and (ii) the transactions contemplated by the Stock Purchase Agreement closed on
January 15, 2002.
Pursuant to the Stock Purchase Agreement, the Company agreed
to cause the Board to cause one vacancy to be created and appoint a designee of
GAP 74 to fill such vacancy. As long as GAP 74, GapStar, GAPCO II, KG and their
affiliates (as defined in Rule 12b-2 of the General Rules and Regulations under
the Exchange Act) hold in the aggregate either (i) at least 5% of the shares of
Common Stock outstanding or (ii) 30% of the shares of Common Stock purchased
pursuant to the Stock Purchase
----------------------------- -----------------------------
101388106 Page 13 of 16
----------------------------- -----------------------------
Agreement, GAP 74 shall be entitled to designate one designee to the Board,
which designee shall be reasonably acceptable to the Board.
In addition, pursuant to the Stock Purchase Agreement, if the
Company wishes to issue any capital stock of the Company or any other securities
convertible into or exchangeable for capital stock of the Company pursuant to a
private placement exempt from registration under the Securities Act of 1933, as
amended, and the rules and regulations promulgated thereunder (the "Securities
Act") ("New Securities") (other than certain Exempt Issuances as defined in the
Stock Purchase Agreement), the Company shall offer such New Securities first to
GAP 74, GapStar, GAPCO II and KG and such persons have the right to purchase up
to the entire amount of the New Securities.
Furthermore, pursuant to the Stock Purchase Agreement, on or
prior to January 8, 2003, GAP 74, GapStar, GAPCO II and KG shall not engage in
any of the following: (i) short sales of the Common Stock, (ii) buying or
selling puts or calls on the Common Stock, (iii) transactions in publicly-traded
options relating to the Common Stock, (iv) use of the Common Stock to secure a
margin loan (except for loans obtained by GapStar to purchase shares of Common
Stock) or (v) actions that could have the effect of hedging or eliminating the
economic risk associated with the Common Stock, provided that the foregoing
shall in no way limit or restrict the Reporting Persons from selling any shares
of Common Stock in accordance with the Securities Act.
The Company, GAP 74, GAPCO II, GapStar and KG also entered
into the Registration Rights Agreement, dated January 15, 2002 (the
"Registration Rights Agreement"). Pursuant to the Registration Rights Agreement,
GAP 74, GAPCO II, GapStar and KG, as a group, have one demand registration right
for an underwritten offering, and customary "piggy-back" registration rights
pursuant to which they have a
----------------------------- -----------------------------
101388106 Page 14 of 16
----------------------------- -----------------------------
right to participate in registrations initiated by the Company or other
stockholders of the Company.
The foregoing summaries of the Stock Purchase Agreement and
the Registration Rights Agreement are qualified in their entirety by reference
to Exhibits 4 and 5.
ITEM 7. MATERIALS TO BE FILED AS EXHIBITS.
Exhibit 1: Agreement relating to the filing of joint
acquisition statements as required by Rule
13d-1(k)(1) under the Securities Exchange
Act of 1934, as amended.
Exhibit 2: Power of Attorney dated January 7, 2002
appointing Thomas J. Murphy Attorney-in-Fact
for GAP.
Exhibit 3: Power of Attorney dated January 7, 2002
appointing Thomas J. Murphy Attorney-in-Fact
for GAPCO II.
Exhibit 4: Stock Purchase Agreement, dated January 8,
2002, by and among Bottomline Technologies
(de), Inc., General Atlantic Partners 74,
L.P., GAP Coinvestment Partners II, L.P.,
GapStar, LLC, GAPCO GmbH & Co. KG and the
Persons listed on Schedule I thereto.
Exhibit 5: Registration Rights Agreement, dated January
15, 2002, by and among Bottomline
Technologies (de), Inc., General Atlantic
Partners 74, L.P., GAP Coinvestment Partners
II, L.P., GapStar, LLC and GAPCO GmbH & Co.
KG.
----------------------------- -----------------------------
101388106 Page 15 of 16
----------------------------- -----------------------------
SIGNATURES
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.
Dated January 17, 2002.
GENERAL ATLANTIC PARTNERS, LLC
By: /s/ Thomas J. Murphy
---------------------------------------
Name: Thomas J. Murphy
Title: Attorney-in-Fact
GENERAL ATLANTIC PARTNERS 74, L.P.
By: General Atlantic Partners, LLC,
Its general partner
By: /s/ Thomas J. Murphy
---------------------------------------
Name: Thomas J. Murphy
Title: Attorney-in-Fact
GAPSTAR, LLC
By: General Atlantic Partners, LLC,
Its managing member
By: /s/ Thomas J. Murphy
---------------------------------------
Name: Thomas J. Murphy
Title: Attorney-in-Fact
GAP COINVESTMENT PARTNERS II, L.P.
By: /s/ Thomas J. Murphy
---------------------------------------
Name: Thomas J. Murphy
Title: Attorney-in-Fact
GAPCO GMBH & CO. KG
By: GAPCO Management GmBH,
Its general partner
By: /s/ Thomas J. Murphy
---------------------------------------
Name: Thomas J. Murphy
Title: Procuration Officer
----------------------------- -----------------------------
101388106 Page 16 of 16
----------------------------- -----------------------------
GAPCO MANAGEMENT GMBH
By: /s/ Thomas J. Murphy
---------------------------------------
Name: Thomas J. Murphy
Title: Procuration Officer