EXHIBIT 10.61

 

Supplemental Indenture

dated February 11, 2009

 

SUPPLEMENTAL INDENTURE

 

This Supplemental Indenture (the “Supplemental Indenture”), dated as of
February 11, 2009, among GLCC LAUREL, LLC, BIOLAB COMPANY STORE, LLC and BIOLAB
FRANCHISE COMPANY, LLC (each a “Guaranteeing Subsidiary” and, together, the
“Guaranteeing Subsidiaries”), each an indirect subsidiary of Chemtura
Corporation (or its permitted successor), a Delaware corporation (the
“Company”), the Company, the other Guarantors (as defined in the Indenture
referred to herein) and Wells Fargo Bank, N.A., as trustee under the Indenture
referred to below (the “Trustee”).

 

W I T N E S S E T H

 

WHEREAS, the Company has heretofore executed and delivered to the Trustee an
Indenture, dated as of April 24, 2006, (the “Indenture”), providing for the
issuance of 6.875% Notes due 2016 (the “Securities”);

 

WHEREAS, the Indenture provides that under certain circumstances each
Guaranteeing Subsidiary shall execute and deliver to the Trustee a supplemental
indenture pursuant to which each Guaranteeing Subsidiary shall unconditionally
guarantee all of the Company’s obligations under the Securities and the
Indenture on the terms and conditions set forth herein and therein; and

 

WHEREAS, pursuant to Section 901 of the Indenture, the Trustee is authorized to
execute and deliver this Supplemental Indenture.

 

NOW THEREFORE, in consideration of the foregoing and for other good and valuable
consideration, the receipt of which is hereby acknowledged, the Guaranteeing
Subsidiaries and the Trustee mutually covenant and agree for the equal and
ratable benefit of the Holders of the Securities as follows:

 

1.                                       CAPITALIZED TERMS.  Capitalized terms
used herein without definition shall have the meanings assigned to them in the
Indenture.

 

2.                                       AGREEMENT TO GUARANTEE.  Each
Guaranteeing Subsidiary hereby agrees to provide an unconditional Guarantee on
the terms and subject to the conditions set forth in the Indenture, including
but not limited to Article 15 thereof.

 

3.                                       NEW YORK LAW TO GOVERN.  THE INTERNAL
LAW OF THE STATE OF NEW YORK SHALL GOVERN AND BE USED TO CONSTRUE THIS
SUPPLEMENTAL INDENTURE BUT WITHOUT GIVING EFFECT TO APPLICABLE PRINCIPLES OF
CONFLICTS OF LAW TO THE EXTENT THAT THE APPLICATION OF THE LAWS OF ANOTHER
JURISDICTION WOULD BE REQUIRED THEREBY.

 

4.                                       COUNTERPARTS.  The parties may sign any
number of copies of this Supplemental Indenture.  Each signed copy shall be an
original, but all of them together represent the same agreement.

 

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5.                                       EFFECT OF HEADINGS.  The
Section headings herein are for convenience only and shall not affect the
construction hereof.

 

6.                                       THE TRUSTEE.  The Trustee shall not be
responsible in any manner whatsoever for or in respect of the validity or
sufficiency of this Supplemental Indenture or for or in respect of the recitals
contained herein, all of which recitals are made solely by each Guaranteeing
Subsidiary and the Company.

 

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IN WITNESS WHEREOF, the parties hereto have caused this Supplemental Indenture
to be duly executed and attested, all as of the date first above written.

 

 

 

GLCC LAUREL, LLC

 

 

 

 

 

By:

/s/ Billie S. Flaherty

 

 

Name: Billie S. Flaherty

 

 

Title: Vice President

 

 

 

 

 

BIOLAB COMPANY STORE, LLC

 

 

 

 

 

By:

 /s/ James R. Sanislow

 

 

Name: James R. Sanislow

 

 

Title: Secretary

 

 

 

 

 

BIOLAB FRANCHISE COMPANY, LLC

 

 

 

 

 

By:

/s/ James R. Sanislow

 

 

Name: James R. Sanislow

 

 

Title: Secretary

 

 

 

 

 

CHEMTURA CORPORATION

 

 

 

 

 

By:

/s/ James R. Sanislow

 

 

Name: James R. Sanislow

 

 

Title: Assistant Secretary

 

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A & M CLEANING PRODUCTS, LLC

 

AQUA CLEAR INDUSTRIES, LLC

 

ASCK, INC.

 

ASEPSIS, INC.

 

BIOLAB TEXTILE ADDITIVES, LLC

 

BIO-LAB, INC.

 

CNK CHEMICAL REALTY CORPORATION

 

CROMPTON COLORS INCORPORATED

 

CROMPTON HOLDING CORPORATION

 

CROMPTON MONOCHEM, INC.

 

GREAT LAKES CHEMICAL CORPORATION

 

GREAT LAKES CHEMICAL GLOBAL, INC.

 

GT SEED TREATMENT, INC.

 

HOMECARE LABS, INC.

 

ISCI, INC.

 

KEM MANUFACTURING CORPORATION

 

MONOCHEM, INC.

 

NAUGATUCK TREATMENT COMPANY

 

RECREATIONAL WATER PRODUCTS, INC.

 

UNIROYAL CHEMICAL COMPANY LIMITED (DELAWARE)

 

WEBER CITY ROAD LLC

 

WRL OF INDIANA, INC.

 

 

 

 

 

By:

/s/ James R. Sanislow

 

 

Name: James R. Sanislow

 

 

Title: Secretary

 

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WELLS FARGO BANK, N.A.,

 

 

as Trustee

 

 

 

By:

/s/ Lynn M. Steiner

 

 

Authorized Signatory

 

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