UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 19)
The Sports Club Company, Inc.
--------------------------------------------------------------------------------
(Name of Issuer)
Common Stock, par value $0.01 per share
--------------------------------------------------------------------------------
(Title of Class of Securities)
84917P10
--------------------------------------------------------------------------------
(CUSIP Number)
Eric R. Landau, Esq.
Paul, Hastings, Janofsky & Walker LLP
Park Avenue Tower
75 East 55th Street
(212) 318-6000
--------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person Authorized to Receive Notices and
Communications)
February 8, 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 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 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).
(Page 1 of 26)
CUSIP No. 84917P10
--------- ----------------------------------------------------------------------
(1) Name of Reporting Person
I.R.S. Identification No. of Above Person (Entities Only)
Millennium Partners LLC
--------- ----------------------------------------------------------------------
(2) Check the Appropriate Box if a Member of a Group (See Instructions)
(a)|X|
(b)|_|
--------- ----------------------------------------------------------------------
(3) SEC Use Only
--------- ----------------------------------------------------------------------
(4) Source of Funds (See Instructions)
See Item 3.
--------- ----------------------------------------------------------------------
(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
--------------------- ------- --------------------------------------------------
(7) Sole Voting Power
2,253,863
------- --------------------------------------------------
Number of Shares (8) Shared Voting Power
Beneficially Owned 0
by Each Reporting ------- --------------------------------------------------
Person With (9) Sole Dispositive Power
2,253,863
------- --------------------------------------------------
(10) Shared Dispositive Power
0
--------------------- ------- --------------------------------------------------
(11) Aggregate Amount Beneficially Owned by Each Reporting Person
10,157,469
--------- ----------------------------------------------------------------------
(12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares
(See Instructions) |_|
--------- ----------------------------------------------------------------------
(13) Percent of Class Represented by Amount in Row (11)
46.3(1)1%
--------- ----------------------------------------------------------------------
(14) Type of Reporting Person (See Instructions)
OO
--------- ----------------------------------------------------------------------
--------
1 Based on (a) 18,977,638 shares of common stock, par value $0.01 per share
(the "Common Stock"), of The Sports Club Company, Inc., a Delaware
corporation (the "Issuer"), outstanding at November 19, 2004, as reported
in the Issuer's Quarterly Report on Form 10-Q for the quarter ended
September 30, 2004; (b) the Issuer's issuance of 2,000 shares of series C
convertible preferred stock to MDP Ventures II LLC on September 6, 2002,
which shares are presently convertible by MDP Ventures II LLC into 692,731
shares of Common Stock; and (c) the Issuer's issuance of 45,000 shares of
series D convertible preferred stock to MDP Ventures II LLC on March 12,
2004, which shares are presently convertible by MDP Ventures II LLC into
2,250,000 shares of Common Stock.
(Page 2 of 26)
CUSIP No. 84917P10
--------- ----------------------------------------------------------------------
(1) Name of Reporting Person
I.R.S. Identification No. of Above Person (Entities Only)
Millennium Partners Management LLC
--------- ----------------------------------------------------------------------
(2) Check the Appropriate Box if a Member of a Group (See Instructions)
(a)|X|
(b)|_|
--------- ----------------------------------------------------------------------
(3) SEC Use Only
--------- ----------------------------------------------------------------------
(4) Source of Funds (See Instructions)
See Item 3.
--------- ----------------------------------------------------------------------
(5) Check if Disclosure of Legal roceedings is Required Pursuant to Items
2(d) or 2(e) |_|
--------- ----------------------------------------------------------------------
(6) Citizenship or Place of Organization
New York
--------------------- ------- --------------------------------------------------
(7) Sole Voting Power
2,253,863
------- --------------------------------------------------
Number of Shares (8) Shared Voting Power
Beneficially Owned 0
by Each Reporting ------- --------------------------------------------------
Person With (9) Sole Dispositive Power
2,253,863
------- --------------------------------------------------
(10) Shared Dispositive Power
0
--------------------- ------- --------------------------------------------------
(11) Aggregate Amount Beneficially Owned by Each Reporting Person
10,157,469
--------- ----------------------------------------------------------------------
(12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares
(See Instructions) |_|
--------- ----------------------------------------------------------------------
(13) Percent of Class Represented by Amount in Row (11)
46.3%
--------- ----------------------------------------------------------------------
(14) Type of Reporting Person (See Instructions)
OO
--------- ----------------------------------------------------------------------
(Page 3 of 26)
CUSIP No. 84917P10
--------- ----------------------------------------------------------------------
(1) Name of Reporting Person
I.R.S. Identification No. of Above Person (Entities Only)
Millennium Manager I, Inc.
--------- ----------------------------------------------------------------------
(2) Check the Appropriate Box if a Member of a Group (See Instructions)
(a)|X|
(b)|_|
--------- ----------------------------------------------------------------------
(3) SEC Use Only
--------- ----------------------------------------------------------------------
(4) Source of Funds (See Instructions)
See Item 3.
--------- ----------------------------------------------------------------------
(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
--------------------- ------- --------------------------------------------------
(7) Sole Voting Power
2,253,863
------- --------------------------------------------------
Number of Shares (8) Shared Voting Power
Beneficially Owned 0
by Each Reporting ------- --------------------------------------------------
Person With (9) Sole Dispositive Power
2,253,863
------- --------------------------------------------------
(10) Shared Dispositive Power
0
--------------------- ------- --------------------------------------------------
(11) Aggregate Amount Beneficially Owned by Each Reporting Person
10,157,469
--------- ----------------------------------------------------------------------
(12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares
(See Instructions) |_|
--------- ----------------------------------------------------------------------
(13) Percent of Class Represented by Amount in Row (11)
46.3%
--------- ----------------------------------------------------------------------
(14) Type of Reporting Person (See Instructions)
CO
--------- ----------------------------------------------------------------------
(Page 4 of 26)
CUSIP No. 84917P10
--------- ----------------------------------------------------------------------
(1) Name of Reporting Person
I.R.S. Identification No. of Above Person (Entities Only)
Christopher M. Jeffries
--------- ----------------------------------------------------------------------
(2) Check the Appropriate Box if a Member of a Group (See Instructions)
(a)|X|
(b)|_|
--------- ----------------------------------------------------------------------
(3) SEC Use Only
--------- ----------------------------------------------------------------------
(4) Source of Funds (See Instructions)
See Item 3.
--------- ----------------------------------------------------------------------
(5) Check 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
10,157,469
------- --------------------------------------------------
Number of Shares (8) Shared Voting Power
Beneficially Owned 0
by Each Reporting ------- --------------------------------------------------
Person With (9) Sole Dispositive Power
10,157,469
------- --------------------------------------------------
(10) Shared Dispositive Power
0
--------------------- ------- --------------------------------------------------
(11) Aggregate Amount Beneficially Owned by Each Reporting Person
10,157,469
--------- ----------------------------------------------------------------------
(12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares
(See Instructions) |_|
--------- ----------------------------------------------------------------------
(13) Percent of Class Represented by Amount in Row (11)
46.3%
--------- ----------------------------------------------------------------------
(14) Type of Reporting Person (See Instructions)
IN
--------- ----------------------------------------------------------------------
(Page 5 of 26)
CUSIP No. 84917P10
--------- ----------------------------------------------------------------------
(1) Name of Reporting Person
I.R.S. Identification No. of Above Person (Entities Only)
Millennium Entertainment Partners L.P.
--------- ----------------------------------------------------------------------
(2) Check the Appropriate Box if a Member of a Group (See Instructions)
(a)|X|
(b)|_|
--------- ----------------------------------------------------------------------
(3) SEC Use Only
--------- ----------------------------------------------------------------------
(4) Source of Funds (See Instructions)
See Item 3.
--------- ----------------------------------------------------------------------
(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
--------------------- ------- --------------------------------------------------
(7) Sole Voting Power
625,000
------- --------------------------------------------------
Number of Shares (8) Shared Voting Power
Beneficially Owned 0
by Each Reporting ------- --------------------------------------------------
Person With (9) Sole Dispositive Power
625,000
------- --------------------------------------------------
(10) Shared Dispositive Power
0
--------------------- ------- --------------------------------------------------
(11) Aggregate Amount Beneficially Owned by Each Reporting Person
10,157,469
--------- ----------------------------------------------------------------------
(12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares
(See Instructions) |_|
--------- ----------------------------------------------------------------------
(13) Percent of Class Represented by Amount in Row (11)
46.3%
--------- ----------------------------------------------------------------------
(14) Type of Reporting Person (See Instructions)
PN
--------- ----------------------------------------------------------------------
(Page 6 of 26)
CUSIP No. 84917P10
--------- ----------------------------------------------------------------------
(1) Name of Reporting Person
I.R.S. Identification No. of Above Person (Entities Only)
Millennium Entertainment Associates L.P.
--------- ----------------------------------------------------------------------
(2) Check the Appropriate Box if a Member of a Group (See Instructions)
(a) |X|
(b) |_|
--------- ----------------------------------------------------------------------
(3) SEC Use Only
--------- ----------------------------------------------------------------------
(4) Source of Funds (See Instructions)
See Item 3.
--------- ----------------------------------------------------------------------
(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
--------------------- ------- --------------------------------------------------
(7) Sole Voting Power
625,000
------- --------------------------------------------------
Number of Shares (8) Shared Voting Power
Beneficially Owned 0
by Each Reporting ------- --------------------------------------------------
Person With (9) Sole Dispositive Power
625,000
------- --------------------------------------------------
(10) Shared Dispositive Power
0
--------------------- ------- --------------------------------------------------
(11) Aggregate Amount Beneficially Owned by Each Reporting Person
10,157,469
--------- ----------------------------------------------------------------------
(12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares
(See Instructions) |_|
--------- ----------------------------------------------------------------------
(13) Percent of Class Represented by Amount in Row (11)
46.3%
--------- ----------------------------------------------------------------------
(14) Type of Reporting Person (See Instructions)
PN
--------- ----------------------------------------------------------------------
(Page 7 of 26)
CUSIP No. 84917P10
--------- ----------------------------------------------------------------------
(1) Name of Reporting Person
I.R.S. Identification No. of Above Person (Entities Only)
Millennium Entertainment Corp.
--------- ----------------------------------------------------------------------
(2) Check the Appropriate Box if a Member of a Group (See Instructions)
(a)|X|
(b)|_|
--------- ----------------------------------------------------------------------
(3) SEC Use Only
--------- ----------------------------------------------------------------------
(4) Source of Funds (See Instructions)
See Item 3.
--------- ----------------------------------------------------------------------
(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
--------------------- ------- --------------------------------------------------
(7) Sole Voting Power
625,000
------- --------------------------------------------------
Number of Shares (8) Shared Voting Power
Beneficially Owned 0
by Each Reporting ------- --------------------------------------------------
Person With (9) Sole Dispositive Power
625,000
------- --------------------------------------------------
(10) Shared Dispositive Power
0
--------------------- ------- --------------------------------------------------
(11) Aggregate Amount Beneficially Owned by Each Reporting Person
10,157,469
--------- ----------------------------------------------------------------------
(12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares
(See Instructions) |_|
--------- ----------------------------------------------------------------------
(13) Percent of Class Represented by Amount in Row (11)
46.3%
--------- ----------------------------------------------------------------------
(14) Type of Reporting Person (See Instructions)
CO
--------- ----------------------------------------------------------------------
(Page 8 of 26)
CUSIP No. 84917P10
--------- ----------------------------------------------------------------------
(1) Name of Reporting Person
I.R.S. Identification No. of Above Person (Entities Only)
MDP Ventures I LLC
--------- ----------------------------------------------------------------------
(2) Check the Appropriate Box if a Member of a Group (See Instructions)
(a)|X|
(b)|_|
--------- ----------------------------------------------------------------------
(3) SEC Use Only
--------- ----------------------------------------------------------------------
(4) Source of Funds (See Instructions)
See Item 3.
--------- ----------------------------------------------------------------------
(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
--------------------- ------- --------------------------------------------------
(7) Sole Voting Power
72,100
------- --------------------------------------------------
Number of Shares (8) Shared Voting Power
Beneficially Owned 0
by Each Reporting ------- --------------------------------------------------
Person With (9) Sole Dispositive Power
72,100
------- --------------------------------------------------
(10) Shared Dispositive Power
0
--------------------- ------- --------------------------------------------------
(11) Aggregate Amount Beneficially Owned by Each Reporting Person
10,157,469
--------- ----------------------------------------------------------------------
(12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares
(See Instructions) |_|
--------- ----------------------------------------------------------------------
(13) Percent of Class Represented by Amount in Row (11)
46.3%
--------- ----------------------------------------------------------------------
(14) Type of Reporting Person (See Instructions)
OO
--------- ----------------------------------------------------------------------
(Page 9 of 26)
CUSIP No. 84917P10
--------- ----------------------------------------------------------------------
(1) Name of Reporting Person
I.R.S. Identification No. of Above Person (Entities Only)
Millennium Development Partners L.P.
--------- ----------------------------------------------------------------------
(2) Check the Appropriate Box if a Member of a Group (See Instructions)
(a)|X|
(b)|_|
--------- ----------------------------------------------------------------------
(3) SEC Use Only
--------- ----------------------------------------------------------------------
(4) Source of Funds (See Instructions)
See Item 3.
--------- ----------------------------------------------------------------------
(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
--------------------- ------- --------------------------------------------------
(7) Sole Voting Power
1,051,000
------- --------------------------------------------------
Number of Shares (8) Shared Voting Power
Beneficially Owned 0
by Each Reporting ------- --------------------------------------------------
Person With (9) Sole Dispositive Power
1,051,000
------- --------------------------------------------------
(10) Shared Dispositive Power
0
--------------------- ------- --------------------------------------------------
(11) Aggregate Amount Beneficially Owned by Each Reporting Person
10,157,469
--------- ----------------------------------------------------------------------
(12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares
(See Instructions) |_|
--------- ----------------------------------------------------------------------
(13) Percent of Class Represented by Amount in Row (11)
46.3%
--------- ----------------------------------------------------------------------
(14) Type of Reporting Person (See Instructions)
PN
--------- ----------------------------------------------------------------------
(Page 10 of 26)
CUSIP No. 84917P10
--------- ----------------------------------------------------------------------
(1) Name of Reporting Person
I.R.S. Identification No. of Above Person (Entities Only)
Millennium Development Associates L.P.
--------- ----------------------------------------------------------------------
(2) Check the Appropriate Box if a Member of a Group (See Instructions)
(a)|X|
(b)|_|
--------- ----------------------------------------------------------------------
(3) SEC Use Only
--------- ----------------------------------------------------------------------
(4) Source of Funds (See Instructions)
See Item 3.
--------- ----------------------------------------------------------------------
(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
--------------------- ------- --------------------------------------------------
(7) Sole Voting Power
1,051,000
------- --------------------------------------------------
Number of Shares (8) Shared Voting Power
Beneficially Owned 0
by Each Reporting ------- --------------------------------------------------
Person With (9) Sole Dispositive Power
72,100
------- --------------------------------------------------
(10) Shared Dispositive Power
978,900
--------------------- ------- --------------------------------------------------
(11) Aggregate Amount Beneficially Owned by Each Reporting Person
10,157,469
--------- ----------------------------------------------------------------------
(12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares
(See Instructions) |_|
--------- ----------------------------------------------------------------------
(13) Percent of Class Represented by Amount in Row (11)
46.3%
--------- ----------------------------------------------------------------------
(14) Type of Reporting Person (See Instructions)
PN
--------- ----------------------------------------------------------------------
(Page 11 of 26)
CUSIP No. 84917P10
--------- ----------------------------------------------------------------------
(1) Name of Reporting Person
I.R.S. Identification No. of Above Person (Entities Only)
Millennium Limited Partners L.P.
--------- ----------------------------------------------------------------------
(2) Check the Appropriate Box if a Member of a Group (See Instructions)
(a)|X|
(b)|_|
--------- ----------------------------------------------------------------------
(3) SEC Use Only
--------- ----------------------------------------------------------------------
(4) Source of Funds (See Instructions)
See Item 3.
--------- ----------------------------------------------------------------------
(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
--------------------- ------- --------------------------------------------------
(7) Sole Voting Power
0
------- --------------------------------------------------
Number of Shares (8) Shared Voting Power
Beneficially Owned 0
by Each Reporting ------- --------------------------------------------------
Person With (9) Sole Dispositive Power
0
------- --------------------------------------------------
(10) Shared Dispositive Power
978,900
--------------------- ------- --------------------------------------------------
(11) Aggregate Amount Beneficially Owned by Each Reporting Person
10,157,469
--------- ----------------------------------------------------------------------
(12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares
(See Instructions) |_|
--------- ----------------------------------------------------------------------
(13) Percent of Class Represented by Amount in Row (11)
46.3%
--------- ----------------------------------------------------------------------
(14) Type of Reporting Person (See Instructions)
PN
--------- ----------------------------------------------------------------------
(Page 12 of 26)
CUSIP No. 84917P10
--------- ----------------------------------------------------------------------
(1) Name of Reporting Person
I.R.S. Identification No. of Above Person (Entities Only)
Millennium Development Corp.
--------- ----------------------------------------------------------------------
(2) Check the Appropriate Box if a Member of a Group (See Instructions)
(a)|X|
(b)|_|
--------- ----------------------------------------------------------------------
(3) SEC Use Only
--------- ----------------------------------------------------------------------
(4) Source of Funds (See Instructions)
See Item 3.
--------- ----------------------------------------------------------------------
(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
--------------------- ------- --------------------------------------------------
(7) Sole Voting Power
1,051,000
------- --------------------------------------------------
Number of Shares (8) Shared Voting Power
Beneficially Owned 0
by Each Reporting ------- --------------------------------------------------
Person With (9) Sole Dispositive Power
1,051,000
------- --------------------------------------------------
(10) Shared Dispositive Power
0
--------------------- ------- --------------------------------------------------
(11) Aggregate Amount Beneficially Owned by Each Reporting Person
10,157,469
--------- ----------------------------------------------------------------------
(12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares
(See Instructions) |_|
--------- ----------------------------------------------------------------------
(13) Percent of Class Represented by Amount in Row (11)
46.3%
--------- ----------------------------------------------------------------------
(14) Type of Reporting Person (See Instructions)
CO
--------- ----------------------------------------------------------------------
(Page 13 of 26)
CUSIP No. 84917P10
--------- ----------------------------------------------------------------------
(1) Name of Reporting Person
I.R.S. Identification No. of Above Person (Entities Only)
MDP Ventures II LLC
--------- ----------------------------------------------------------------------
(2) Check the Appropriate Box if a Member of a Group (See Instructions)
(a)|X|
(b)|_|
--------- ----------------------------------------------------------------------
(3) SEC Use Only
--------- ----------------------------------------------------------------------
(4) Source of Funds (See Instructions)
See Item 3.
--------- ----------------------------------------------------------------------
(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
--------------------- ------- --------------------------------------------------
(7) Sole Voting Power
6,227,606
------- --------------------------------------------------
Number of Shares (8) Shared Voting Power
Beneficially Owned 0
by Each Reporting ------- --------------------------------------------------
Person With (9) Sole Dispositive Power
6,227,606
------- --------------------------------------------------
(10) Shared Dispositive Power
0
--------------------- ------- --------------------------------------------------
(11) Aggregate Amount Beneficially Owned by Each Reporting Person
10,157,469
--------- ----------------------------------------------------------------------
(12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares
(See Instructions) |_|
--------- ----------------------------------------------------------------------
(13) Percent of Class Represented by Amount in Row (11)
46.3%
--------- ----------------------------------------------------------------------
(14) Type of Reporting Person (See Instructions)
OO
--------- ----------------------------------------------------------------------
(Page 14 of 26)
CUSIP No. 84917P10
--------- ----------------------------------------------------------------------
(1) Name of Reporting Person
I.R.S. Identification No. of Above Person (Entities Only)
Millennium Development Partners II LLC
--------- ----------------------------------------------------------------------
(2) Check the Appropriate Box if a Member of a Group (See Instructions)
(a)|X|
(b)|_|
--------- ----------------------------------------------------------------------
(3) SEC Use Only
--------- ----------------------------------------------------------------------
(4) Source of Funds (See Instructions)
See Item 3.
--------- ----------------------------------------------------------------------
(5) Check 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
6,227,606
------- --------------------------------------------------
Number of Shares (8) Shared Voting Power
Beneficially Owned 0
by Each Reporting ------- --------------------------------------------------
Person With (9) Sole Dispositive Power
6,227,606
------- --------------------------------------------------
(10) Shared Dispositive Power
0
--------------------- ------- --------------------------------------------------
(11) Aggregate Amount Beneficially Owned by Each Reporting Person
10,157,469
--------- ----------------------------------------------------------------------
(12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares
(See Instructions) |_|
--------- ----------------------------------------------------------------------
(13) Percent of Class Represented by Amount in Row (11)
46.3%
--------- ----------------------------------------------------------------------
(14) Type of Reporting Person (See Instructions)
OO
--------- ----------------------------------------------------------------------
(Page 15 of 26)
CUSIP No. 84917P10 SCHEDULE 13D -- AMENDMENT NO. 19
The Schedule 13D filed with the Securities and Exchange Commission (the
"Commission") on July 1, 1997 by Millennium Entertainment Partners L.P., a New
York limited partnership ("MEP LP"), and Millennium Entertainment Associates
L.P., a New York limited partnership ("MEA LP"), relating to shares of common
stock, par value $0.01 per share (the "Common Stock"), of The Sports Club
Company, Inc. (the "Issuer"), as amended on August 11, 1997 to, among other
things, add Millennium Partners LLC, a New York limited liability company
("MPL"), Brian J. Collins, a citizen of the United States of America ("BJC"),
Millennium Development Partners L.P., a New York limited partnership ("MDP LP"),
Millennium Development Associates LP, a New York limited partnership ("MDA LP"),
Millennium Development Corp., a New York corporation ("MD Corp.") and
Christopher M. Jeffries, a citizen of the United States of America ("CMJ"), as
additional reporting persons, and as further amended on November 7, 1997,
January 13, 1998, August 12, 1998, October 23, 1998, and as further amended on
September 21, 1999, to, among other things, add Millennium Partners Management
LLC, a New York limited liability company ("MPM LLC"), Millennium Manager I,
Inc., a New York corporation ("MMI"), Millennium Entertainment Corp., a New York
corporation ("ME Corp."), MDP Ventures I LLC, a New York limited liability
company ("MDP Ventures I"), MDP Ventures II LLC, a New York limited liability
company ("MDP Ventures II"), Millennium Limited Partners L.P., a New York
limited partnership ("MLP LP") and Millennium Development Partners II LLC, a
Delaware limited liability company ("MDP II LLC"), as reporting persons, and as
further amended on February 2, 2001 to report additional acquisitions of Common
Stock, and as further amended on December 12, 2002 to report additional
acquisitions of Common Stock and preferred stock of the Issuer convertible into
Common Stock, and as further amended on April 3, 2003 to report additional
acquisitions of Common Stock and the transactions contemplated by the Term Sheet
(the "Original Term Sheet"), dated March 31, 2003, by and among MPL, MEP LP, MDP
Ventures I, MDP Ventures II and MDP LP (collectively, the "Reporting Person
Parties"), Palisade Concentrated Equity Partnership, L.P. ("Palisade"), Rex
Licklider ("Licklider"), David Michael Talla ("Talla") and Kayne Anderson
Capital Advisors L.P. ("Kayne"), as further amended on April 16, 2003 to report
additional shares of Common Stock owned by BJC and that the Reporting Person
Parties had entered into an Amended and Restated Term Sheet (the "Amended and
Restated Term Sheet"), amending and restating the Original Term Sheet, dated as
of April 9, 2003, with Palisade, Licklider, Talla and Kayne, as further amended
on October 23, 2003 to report that the Reporting Person Parties had abandoned
the transactions contemplated by the Amended and Restated Term Sheet, as further
amended on February 27, 2004 to report that BJC had withdrawn from the Reporting
Person group and the transactions contemplated by the New Term Sheet, as further
amended on March 18, 2004 to report the consummation of the transactions
contemplated by the New Term Sheet and an additional acquisition of Common
Stock, as further amended on September 16, 2004 to report that certain of the
Reporting Persons (as defined below) had submitted an indication of interest to
the Issuer with respect to the purchase of certain assets of the Issuer, as
further amended to report that an affiliate of the Reporting Persons has
submitted a non-binding proposal to the Issuer with respect to the purchase of
certain assets of the Issuer, as further amended to report that an affiliate of
the Reporting Persons has submitted a non-binding proposal to the Issuer to
either purchase certain assets of the Issuer or to acquire the Issuer through a
merger, as further amended to report that an affiliate of the Reporting Person
has withdrawn its previous proposal and has submitted a revised non-binding
proposal to purchase certain assets of the Issuer, and as further amended to
report the acceptance by MDP Ventures II of 1,000,000 shares of Common Stock
from Talla in full satisfaction of Talla's Obligation (as defined below) under
the Note (as defined below) and the Loan Agreement (as defined below), is hereby
amended to report that an affiliate of the Reporting Persons has entered into a
non-binding letter of intent with the Issuer with respect to the purchase of
certain assets of the Issuer by the affiliate of the Reporting Persons and
certain other related transactions.
(Page 16 of 26)
CUSIP No. 84917P10 SCHEDULE 13D -- AMENDMENT NO. 19
Item 1. Security and Issuer
No amendments or supplements.
Item 2. Identity and Background
The following information amends and supplements Item 2.
This statement is being filed by MEP LP, MEA LP, MPL, MDP LP, MDA LP, MD
Corp., CMJ, MPM LLC, MMI, ME Corp., MDP Ventures I, MDP Ventures II, MLP LP and
MDP II LLC (collectively, the "Reporting Persons"). There have been no changes
in the background, occupations or addresses of the each of the Reporting Persons
since the changes disclosed in Amendment No. 12 to this Schedule 13D.
Item 3. Source and Amount of Funds or Other Consideration
No amendments or supplements.
Item 4. Purpose of Transaction
The following information amends and restates Item 4:
Pursuant to the Letter Agreement dated March 13, 1997, as amended by the
Letter Agreement dated June 10, 1997 (as so amended, the "Letter Agreement") by
and between MEP LP and the Issuer, MEP LP agreed to purchase an aggregate of
2,105,263 shares of Common Stock. Pursuant to the Agreement of Transfer dated as
of June 20, 1997 between MPL and MEP LP (the "Transfer Agreement"), simultaneous
with its acquisition of Common Stock, MEP LP assigned to MPL 1,052,632 shares of
Common Stock in exchange for $5,000,000.00 in cash payable at the direction of
MEP LP.
Pursuant to the Letter Agreement, MEP LP has the right to cause the
Issuer to include in any registration of the securities of the Issuer under the
Securities Act of 1933, as amended (the "Securities Act") (other than a
registration of shares relating to an employee benefit plan or a transaction
pursuant to Rule 145 under the Securities Act) effected by the Issuer such
number of shares as MEP LP shall request, subject to underwriter cutbacks.
In addition, pursuant to the Letter Agreement, for so long as MEP LP
shall have at least a 10% interest in Equity Securities (as defined in the
Letter Agreement) of the Issuer, if the Issuer shall issue any additional Equity
Securities, MEP LP shall have the right to purchase, at a price equal to the
proposed offering price, an amount of such Equity Securities so that MEP LP may
maintain its current ownership percentage of Equity Securities.
On June 24, 1997, pursuant to the Letter Agreement, a designee of MEP LP
was appointed as a Class 2 Director of the Issuer and so long as MEP LP
maintains at least a 12% interest in the Equity Securities of the Issuer: (i)
upon the expiration of the term of such designee, the Issuer shall include and
support a designee of MEP LP as one of management's nominees for the board of
directors of the Issuer, and (ii) upon the termination of such designee's
services as a director other than upon the expiration of term of office, the
Issuer shall appoint in his place a replacement designee of MEP LP. In addition,
two principals of the Issuer agree to vote Equity Securities which they own (or
with respect to which they have the power to direct the vote) in an amount
sufficient to elect such designee of MEP LP to the board of directors of the
Issuer.
(Page 17 of 26)
CUSIP No. 84917P10 SCHEDULE 13D -- AMENDMENT NO. 19
Under Section 141 of the Delaware General Corporation Law, the business
of the Issuer is to be managed by or under the direction of its board of
directors.
Pursuant to that certain Preferred Stock Purchase Agreement entered into
as of September 6, 2002 by and among the Issuer, MDP Ventures II and the other
investors named therein (the "Series C Preferred Stock Purchase Agreement"), MDP
Ventures II purchased 2,000 shares of the Issuer's series C convertible
preferred stock, par value $.01 per share (the "Series C Preferred Stock"), from
the Issuer on September 6, 2002 for an aggregate purchase price of
$2,000,000.00. Each share of the Series C Preferred Stock is convertible at the
option of its holder at any time into one share of Common Stock at an initial
conversion price of $3.00 per share (subject to adjustment under certain
circumstances).
The Series C Preferred Stock entitles each holder thereof to one vote
for each share of Common Stock into which such Series C Preferred Stock in
convertible and dividends at an annual rate of $90.00 per share. Dividends are
cumulative, do not accrue interest and, at the Issuer's option, may be paid in
additional shares of the Series C Preferred Stock.
With respect to dividend rights and rights in the event of the
liquidation or dissolution of the Issuer, the Series C Preferred Stock ranks
senior to the Common Stock, pari passu with the Issuer's series B convertible
preferred stock, par value $.01 per share (the "Series B Preferred Stock"), and
junior to the Issuer's Series D Preferred Stock (as defined below). The Issuer
is prohibited from issuing any capital stock that ranks senior to, or pari passu
with, the Series C Preferred Stock without the consent of the holders of
eighty-one percent (81%) of the outstanding shares of the Series C Preferred
Stock.
Upon the liquidation or dissolution of the Issuer, holders of the Series
C Preferred Stock are entitled to receive, prior to any distribution to any
other stockholder other than the holders of the Series B Preferred Stock and the
Series D Preferred Stock, a liquidation amount equal to $1,000.00 per share
(subject to adjustment under certain circumstances), together with all accrued
and unpaid dividends with respect to such shares.
The Issuer may redeem, in whole or in part, the outstanding shares of
the Series C Preferred Stock at a redemption price equal to $1,000.00 per share,
together with all accrued and unpaid dividends with respect to such shares.
In connection with MDP Ventures II's acquisition of its shares of the
Series C Preferred Stock, the Issuer, MDP Ventures II and the other investors in
the Series C Preferred Stock (collectively, the "Series C Investors") entered
into that certain Investors' Rights Agreement dated as of September 6, 2002 (the
"Series C Investors' Rights Agreement"), which agreement governs, among other
things, the right of the Series C Investors to cause the Issuer to register
under the Securities Act the shares of Common Stock into which their Series C
Preferred Stock is convertible.
On February 19, 2004, the Reporting Person Parties agreed to make an
investment in the Issuer in accordance with the terms set forth in a non-binding
Term Sheet (the "New Term Sheet") agreed to with Licklider and Kayne. Licklider
and Kayne are referred to herein as the "13D Parties". The Reporting Person
Parties and the 13D Parties are referred to herein as the "New Term Sheet
Parties." Licklider and Kayne are significant beneficial owners of the Issuer's
Common Stock and have filed either a Schedule 13D or Schedule 13G pursuant to
the Act. The New Term Sheet set forth a non-binding plan for the New Term Sheet
Parties to consummate a transaction whereby the New Term Sheet Parties would
purchase an aggregate of 65,000 shares of series D convertible preferred stock,
par value $.01 per share (the "Series D Preferred Stock"), of the Issuer at $100
per share.
(Page 18 of 26)
CUSIP No. 84917P10 SCHEDULE 13D -- AMENDMENT NO. 19
On March 12, 2004, MDP Ventures II purchased an aggregate of 45,000
shares of the Series D Preferred Stock for an aggregate purchase price of
$4,500,000.00, and affiliates of the 13D Parties purchased an aggregate of
20,000 shares of the Series D Preferred Stock for an aggregate purchase price of
$2,000,000.00, in each case pursuant to the terms of a Stock Purchase Agreement,
dated as of March 11, 2004, by and among the Issuer, MDP Ventures II and
affiliates of the 13D Parties. Each share of the Series D Preferred Stock is
convertible at the option of its holder at any time into one share of Common
Stock at an initial conversion price of $2.00 per share (subject to adjustment
under certain circumstances). The shares of Series D Preferred Stock are also
subject to mandatory conversion into Common Stock under certain circumstances.
The Series D Preferred Stock entitles each holder thereof to one vote
for each share of Common Stock into which such Series D Preferred Stock in
convertible and dividends at an annual rate of $9.00 per share. Dividends are
cumulative, do not accrue interest and, at the Issuer's option, may be paid in
additional shares of the Series D Preferred Stock.
With respect to dividend rights and rights in the event of the
liquidation or dissolution of the Issuer, the Series D Preferred Stock ranks
senior to the Common Stock, the Series B Preferred Stock and the Series C
Preferred Stock. The Issuer is prohibited from issuing any capital stock that
ranks senior to, or pari passu with, the Series D Preferred Stock without the
consent of the holders of eighty-five percent (85%) of the outstanding shares of
the Series D Preferred Stock.
Upon the liquidation or dissolution of the Issuer, holders of the Series
D Preferred Stock are entitled to receive, prior to any distribution to any
other stockholder, a liquidation amount equal to $100.00 per share (subject to
adjustment under certain circumstances), together with all accrued and unpaid
dividends with respect to such shares.
The Issuer may, at any time after March 12, 2010, redeem, in whole or in
part, the outstanding shares of the Series D Preferred Stock at a redemption
price equal to $100.00 per share, together with all accrued and unpaid dividends
with respect to such shares.
In connection with the purchase of the Series D Preferred Stock, the
Issuer, MDP Ventures II and affiliates of the 13D Parties entered into that
certain Investors' Rights Agreement, dated as of March 10, 2004 (the "Series D
Investors' Rights Agreement"), which agreement governs, among other things, the
rights of the purchasers of the Series D Preferred Stock to cause the Issuer to
register under the Securities Act the shares of Common Stock into which their
Series D Preferred Stock is convertible. The Series D Investors' Rights
Agreement also affords MDP Ventures II (together with its affiliates) and the
13D Parties (together with their respective affiliates) certain consent rights
with respect to the operation of the Issuer's business. MDP Ventures II
(together with its affiliates) also will have the right to designate two
directors (one of which must be an independent director) to serve on the
Issuer's board of directors and each of the 13D Parties (together with their
respective affiliates) also will have the right to designate one director to
serve on the Issuer's board of directors. MDP Ventures II (together with its
affiliates) and the 13D Parties (together with their respective affiliates) have
agreed to take all actions necessary to elect each such designee to the board of
directors of the Issuer. The consent rights and director designation rights
described above will terminate if certain specified Common Stock ownership
thresholds are not satisfied. The rights granted to MDP Ventures II (together
with its affiliates) set forth in the Series D Investors' Rights Agreement with
respect to the designation of directors supercede the rights granted in the
Letter Agreement.
As a result of certain of the provisions set forth in the Series D
Investors' Rights Agreement, the Reporting Persons have formed a "group" with
the 13D Parties for purposes of Section 13(d) of the Act and the rules and
regulations promulgated thereunder. Accordingly, each of the Reporting Persons
may
(Page 19 of 26)
CUSIP No. 84917P10 SCHEDULE 13D -- AMENDMENT NO. 19
be deemed to be the beneficial owner of the shares of the Issuer's Common Stock
beneficially owned by the 13D Parties as reported on their respective Schedule
13D or Schedule 13G. Each of the Reporting Persons expressly disclaims
beneficial ownership of the Issuer's Common Stock beneficially owned by the 13D
Parties.
Pursuant to (i) the Amended and Restated Promissory Note, dated as of
December 30, 1997, executed and delivered by Talla, as maker, to MDP Ventures
II, as payee, as amended by the Note Modification Agreement, dated as of March
1, 2001, by and between Talla and MDP Ventures II (the "Note") and (ii) the
Amended and Restated Loan and Stock Pledge Agreement, dated as of December 30,
1997, by and between Talla and MDP Ventures II, as amended by the First
Amendment to the Amended and Restated Loan and Stock Pledge Agreement, dated as
of March 1, 2001, by and between Talla and MDP Ventures II (the "Loan
Agreement"), Talla was obligated to pay to MDP Ventures II the principal amount
of the Note, and all accrued and unpaid interest thereon (collectively, the
"Obligation"), on March 1, 2004. The Obligation was secured by 1,000,000 shares
of Common Stock, registered in the name of Talla (the "Collateral"). Talla
failed to pay MDP Ventures II the Obligation on March 1, 2004, which resulted in
an event of default under the Loan Agreement. Pursuant to a Confirmation of
Foreclosure and Acceptance of Collateral, dated as of November 30, 2004, by and
between MDP Ventures II and Talla (the "Confirmation of Foreclosure"), MDP
Ventures II agreed to accept the Collateral in full satisfaction of the
Obligation secured by the Collateral and Talla consented to the acceptance by
MDP Ventures II of the Collateral in full satisfaction of the Obligation. The
Confirmation of Foreclosure provided that the acceptance of the Collateral shall
occur on January 2, 2005. Accordingly, on January 2, 2005 MDP Ventures II
acquired 1,000,000 shares of Common Stock.
As previously disclosed by the Issuer, the Issuer has engaged an
independent investment banker to assist it in selling certain assets and fitness
facilities in order to generate cash for working capital purposes and to retire
a portion of its existing indebtedness. On September 14, 2004, certain of the
Reporting Persons submitted an indication of interest to the Issuer with respect
to the purchase of the assets, and in some cases the leases, of the Issuer's
fitness facilities located in Washington, D.C., San Francisco, California,
Boston, Massachusetts and Miami, Florida. On November 9, 2004, an affiliate of
the Reporting Persons (the "Bidder") submitted a non-binding proposal (the
"Initial Proposal") to the Issuer to acquire either (i) the assets of the
fitness facilities located in New York (the Reebok Club), New York, New York
(the East Side Club), New York, Washington, D.C., San Francisco, California,
Boston, Massachusetts and Miami, Florida (the "Clubs") for a purchase price of
$80 million or (ii) the assets of the fitness facilities located in Washington,
D.C., San Francisco, California, Boston, Massachusetts and Miami, Florida for a
purchase price of $40 million. One of the Reporting Persons and its affiliates
currently own the fitness facility located in Miami, Florida, which facility is
managed by the Issuer, and certain of the Reporting Persons or their affiliates
currently serve as the landlords for the remainder of such fitness facilities.
The Initial Proposal was non-binding and was subject to a number of conditions,
including the contemporaneous sale of all of the Issuer's other assets to
parties unaffiliated with the Reporting Persons.
On December 7, 2004, the Bidder submitted a non-binding proposal to the
Issuer which confirmed its interest in acquiring the assets of the Clubs for $80
million on substantially the same terms as contained in the Initial Proposal.
The Bidder also indicated that it would require the Issuer to provide certain
ongoing management and administrative services to the Bidder for up to one year
in the event such assets were purchased. The Bidder proposed in the alternative
acquiring the Issuer through a merger (the "Merger Proposal") in which the
Bidder would pay $2.00 for each outstanding share of the Issuer's Common Stock
(other than shares held by the Reporting Persons and certain other stockholders
of the Issuer to be determined). The Merger Proposal is non-binding and is
subject to a number of conditions, including: (i) the sale of the Issuer's
fitness facilities located in Los Angeles, California, Beverly Hills, California
and Orange County, California for a purchase price of at least $125 million;
(ii) that all of the
(Page 20 of 26)
CUSIP No. 84917P10 SCHEDULE 13D -- AMENDMENT NO. 19
Issuer's preferred stockholders consent to roll their preferred stock into
preferred stock of the surviving corporation of the merger; and (iii) that
sufficient holders of the Issuer's Common Stock roll into common stock of the
surviving corporation of the merger.
By letter dated December 15, 2004, the Bidder advised the Issuer that it
was withdrawing the proposal made in the Bidder's December 7, 2004 letter and
submitting a revised non-binding proposal to the Issuer in which the Bidder
confirmed its interest in acquiring for a total cash consideration of $200
million and otherwise on terms similar to those of the December 7, 2004 proposal
certain assets and partnership interests from the Issuer consisting of its
sports and fitness facilities (including the Issuer's California facilities but
excluding its Rockefeller Center facility) and all related operating and other
assets. The Bidder indicated that, to the extent that the Issuer owns a less
than 100% partnership or equity interest in any of the entities that own and
operate the California facilities, the Bidder will require that the interest not
now owned by the Issuer be acquired as necessary and conveyed to the Bidder as
part of the assets to be acquired. The proposal is subject to a number of
conditions. The Bidder withdrew the alternative proposal made in the December 7,
2004 proposal to acquire the Issuer through a merger.
On February 8, 2005, the Bidder entered into a non-binding letter of
intent (the "LOI") with the Issuer to acquire substantially all of the assets,
properties and rights of the Issuer in connection with the management and
operation of the fitness facilities located in New York (the Reebok Club), New
York, New York (the East Side Club), New York, New York (the Rockefeller Center
Club), New York, Washington, D.C., San Francisco, California, Miami, Florida and
Boston, Massachusetts. One of the Reporting Persons and its affiliates currently
own the fitness facility located in Miami, Florida, which facility is managed by
the Issuer, and certain of the Reporting Persons or their affiliates currently
serve as the landlords for four of such fitness facilities. In addition, the LOI
contemplates that (i) the Bidder will contribute to a newly formed entity
("Newco") all of the shares of Common Stock that are owned by the Reporting
Persons in exchange for common stock of Newco, (ii) certain of the Issuer's
other stockholders (the "Principal Stockholders") will contribute to Newco all
of the Issuer's Common Stock and preferred stock that is owned by the Principal
Stockholders in exchange for common stock and preferred stock of Newco and (iii)
Newco will merge with and into the Issuer and all of the Issuer's stockholders
(other than the Reporting Persons and the Principal Stockholders) will receive
cash equal to $2.00 per share for each share of Common Stock held by them. The
LOI is non-binding and the transactions contemplated thereby are subject to a
number of conditions, including satisfactory completion of the Bidder's due
diligence investigation, the negotiation and execution of definitive agreements
(including a transition services agreement and an operating agreement), the
receipt by the Issuer of a fairness opinion with respect to certain of the
transactions contemplated by the LOI, the approval of the transactions
contemplated by the LOI by the Special Committee of the Issuer's Board of
Directors and the Issuer's stockholders and the receipt of consents to the
transfer of certain leases. Each of the Reporting Persons expressly disclaims
beneficial ownership of the Issuer's Common Stock beneficially owned by the
Principal Stockholders.
The Reporting Persons, in the aggregate, are the beneficial owners of
10,157,469 shares of Common Stock (which number does not include the shares of
Common Stock beneficially owned by the 13D Parties, which shares the Reporting
Parties expressly disclaim beneficial ownership of as disclosed above). At each
respective time of purchase or other acquisition, the purchasing/acquiring
Reporting Person purchased/acquired the subject shares of Common Stock for
investment purposes.
Except as described above in this Item 4 and below in Item 6, none of
the Reporting Persons has any plans or proposals that relate to or would result
in any of the actions or events specified in clauses (a)
(Page 21 of 26)
CUSIP No. 84917P10 SCHEDULE 13D -- AMENDMENT NO. 19
through (j) of Item 4 of Schedule 13D. Notwithstanding the foregoing, the
Reporting Persons may determine to change their investment intent with respect
to the Issuer at any time in the future. The Reporting Persons intend to vote
their respective shares of Common Stock, Series C Preferred Stock and Series D
Preferred Stock as each deems appropriate from time to time. In determining from
time to time whether to sell their shares of Common Stock, Series C Preferred
Stock or Series D Preferred Stock (and in what amounts) or to retain such
shares, the applicable Reporting Persons will take into consideration such
factors as they deem relevant, including the business and prospects of the
Issuer, anticipated future developments concerning the Issuer, existing and
anticipated market conditions from time to time, general economic conditions,
and other opportunities available to the Reporting Persons. Each of the
Reporting Persons reserves the right to acquire additional securities of the
Issuer in the open market, in privately negotiated transactions (which may be
with the Issuer or with third parties) or otherwise, to dispose of all or a
portion of its holdings of securities of the Issuer or to change their intention
with respect to any or all of the matters referred to in this Item 4.
Item 5. Interest in Securities of the Issuer
The following information amends and supplements Item 5:
No securities of the Issuer have been acquired or disposed of by the
Reporting Persons since the acceptance by MDP Ventures II of 1,000,000 shares of
Common Stock from Talla as disclosed in Amendment No. 18 to this Schedule 13D.
Item 6. Contracts, Arrangements, Understandings or Relationships With Respect
to Securities of the Issuer
No amendments or supplements.
Item 7. Material to Be Filed as Exhibits
1. Letter Agreement dated March 13, 1997 by and between Millennium
Entertainment Partners L.P. and The Sports Club Company, Inc.*
2. Letter Agreement dated June 10, 1997 by and between Millennium
Entertainment Partners L.P. and The Sports Club Company, Inc. *
3. Agreement of Transfer dated as of June 20, 1997 between
Millennium Partners LLC and Millennium Entertainment Partners
L.P. *
4. Certificate of Designation of Series C Convertible Preferred
Stock of the Sports Club Company, Inc., incorporated herein by
reference to Exhibit 99.1 to the Issuer's Current Report on Form
8-K filed with the Commission on September 9, 2002.
5. Investors' Rights Agreement entered into as of September 6, 2002
by and among the Sports Club Company, Inc., MDP Ventures II LLC,
Rex A. Licklider, as trustee of the Licklider Living Trust, and
David M. Talla, as trustee of the Talla Family Irrevocable Trust,
incorporated herein by reference to Exhibit 99.2 to the Issuer's
Current Report on Form 8-K filed with the Commission on September
9, 2002.
6. Preferred Stock Purchase Agreement entered into as of September
6, 2002 by and among the Sports Club Company, Inc., MDP Ventures
II LLC, Rex A. Licklider, as trustee of
(Page 22 of 26)
CUSIP No. 84917P10 SCHEDULE 13D -- AMENDMENT NO. 19
the Licklider Living Trust, and David M. Talla, as trustee of the
Talla Family Irrevocable Trust, incorporated herein by reference
to Exhibit 99.3 to the Issuer's Current Report on Form 8-K filed
with the Commission on September 9, 2002.
7. Indemnification and Contribution Agreement entered into as of
July 3, 2001 by and among the Sports Club Company, Inc., Rex A.
Licklider, D. Michael Talla and MDP Ventures II LLC, incorporated
herein by reference to Exhibit 2 to the Issuer's Report on Form
8-K filed with the Commission on July 17, 2001.
8. Certificate of Designation of Series D Convertible Preferred
Stock of the Sports Club Company, Inc., incorporated herein by
reference to Exhibit 99.1 to the Issuer's Current Report on Form
8-K filed with the Commission on March 17, 2004.
9. Investors' Rights Agreement entered into as of March 10, 2004 by
and among the Sports Club Company, Inc., MDP Ventures II LLC, Rex
A. Licklider, as trustee of the Licklider Living Trust, Arbco
Associates, L.P., Kayne Anderson Non-Traditional Investments,
L.P. and Kayne Anderson Select Investments A, L.P., incorporated
herein by reference to Exhibit 99.2 to the Issuer's Current
Report on Form 8-K filed with the Commission on March 17, 2004.
10. Preferred Stock Purchase Agreement entered into as of March 10,
2004 by and among the Sports Club Company, Inc., MDP Ventures II
LLC, Rex A. Licklider, as trustee of the Licklider Living Trust,
Arbco Associates, L.P., Kayne Anderson Non-Traditional
Investments, L.P. and Kayne Anderson Select Investments A, L.P.,
incorporated herein by reference to Exhibit 99.3 to the Issuer's
Current Report on Form 8-K filed with the Commission on March 17,
2004.
11. Power of Attorney of Christopher M. Jeffries appointing Philip H.
Lovett Attorney-in-Fact.*
* Previously filed.
(Page 23 of 26)
CUSIP No. 84917P10 SCHEDULE 13D -- AMENDMENT NO. 19
Schedule I
----------
Name of Individual Position
------------------ --------
Christopher M. Jeffries President, director and majority stockholder of
MMI, ME Corp. and MD Corp; President of MDP
Ventures I, MDP Ventures II and MDP II LLC.
Philip E. Aarons Vice President and director of MMI, ME Corp. and
MD Corp; Vice President of MDP Ventures I, MDP
Ventures II and MDP II LLC.
Philip H. Lovett Vice President and director of MMI, ME Corp. and
MD Corp; Vice President of MDP Ventures I, MDP
Ventures II and MDP II LLC.
Steven L. Hoffman Vice President, Treasurer and Assistant Secretary
of MMI, ME Corp., MD Corp., MDP Ventures I and
MDP II LLC; director of ME Corp.; Vice President
and Assistant Secretary of MDP Ventures II.
George Von Werz Vice President of ME Corp. and MD Corp.
The principal business of each of the above-named persons is the development of
real estate projects. The principal business address of each of the above-named
persons is: c/o Millennium Partners Management LLC; 1995 Broadway; New York, New
York 10023.
(Page 24 of 26)
CUSIP No. 84917P10 SCHEDULE 13D -- AMENDMENT NO. 19
SIGNATURE
After reasonable inquiry and to the best of its knowledge and belief,
each of the undersigned certifies that the information set forth in this
statement is true, complete and correct and agrees that this statement may be
filed jointly with the other undersigned party.
Dated: February 10, 2005 /s/ PHILIP H. LOVETT
-------------------------------------------
PHILIP H. LOVETT
*In his capacity as an attorney-in-fact
pursuant to the Power of Attorney filed
under Item 7 with respect to Christopher M.
Jeffries and in his capacity as an
authorized officer of each of the following
entity Reporting Persons:
MILLENNIUM PARTNERS MANAGEMENT LLC
By: MILLENNIUM MANAGER I, INC.,
its manager
MILLENNIUM MANAGER I, INC.
MILLENNIUM ENTERTAINMENT PARTNERS L.P.
By: MILLENNIUM ENTERTAINMENT ASSOCIATES
L.P., its general partner
By: MILLENNIUM ENTERTAINMENT
CORP., its general partner
MILLENNIUM ENTERTAINMENT ASSOCIATES L.P.
By: MILLENNIUM ENTERTAINMENT CORP., its
general partner
MILLENNIUM ENTERTAINMENT CORP.
MDP VENTURES I LLC
By: MILLENNIUM DEVELOPMENT PARTNERS
L.P., its managing member
(Page 25 of 26)
CUSIP No. 84917P10 SCHEDULE 13D -- AMENDMENT NO. 19
By: MILLENNIUM DEVELOPMENT
ASSOCIATES L.P., its general
partner
By: MILLENNIUM DEVELOPMENT
CORP., its general
partner
MILLENNIUM DEVELOPMENT PARTNERS L.P.
By: MILLENNIUM DEVELOPMENT ASSOCIATES
L.P., its general partner
By: MILLENNIUM DEVELOPMENT CORP.,
its general partner
MILLENNIUM DEVELOPMENT ASSOCIATES, L.P.
By: MILLENNIUM DEVELOPMENT CORP., its
general partner
MILLENNIUM LIMITED PARTNERS L.P.
By: MILLENNIUM DEVELOPMENT CORP., its
general partner
MILLENNIUM DEVELOPMENT CORP.
MDP VENTURES II LLC
By: MILLENNIUM DEVELOPMENT PARTNERS II
LLC, its managing member
MILLENNIUM DEVELOPMENT PARTNERS II LLC
(Page 26 of 26)