Exhibit 10.2
FOURTH SUPPLEMENTAL INDENTURE
          FOURTH SUPPLEMENTAL INDENTURE (this “Supplemental Indenture”), dated
as of April 12, 2010, among SS&C Technologies, Inc., a Delaware corporation (the
“Company”), Tradeware Global Corp., a Delaware corporation and wholly-owned
subsidiary of the Company (“Tradeware”), and Wells Fargo Bank, National
Association, as trustee under the indenture referred to below (the “Trustee”).
W I T N E S S E T H
          WHEREAS, the Company and certain of its subsidiaries have heretofore
executed and delivered to the Trustee an indenture (the “Indenture”), dated as
of November 23, 2005, providing for the issuance of $205,000,000 aggregate
principal amount of 11 3/4 % Senior Subordinated Notes due 2013 (the “Notes”),
as supplemented by the First Supplemental Indenture, dated as of April 27, 2006
(the “First Supplemental Indenture”), the Second Supplemental Indenture, dated
as of September 1, 2009 (the “Second Supplemental Indenture”), and the Third
Supplemental Indenture, dated as of December 22, 2009 (the “Third Supplemental
Indenture”);
          WHEREAS, the Indenture provides that under certain circumstances a
Domestic Subsidiary acquired by the Company after the date of the Indenture will
execute and deliver to the Trustee a supplemental indenture pursuant to which
such Domestic Subsidiary will become a Guarantor and will unconditionally
guarantee all of the Company’s obligations under the Notes and the Indenture on
the terms and conditions set forth herein (“Note Guarantee”);
          WHEREAS, the Company acquired Tradeware on December 31, 2009;
          WHEREAS, the Company desires to amend and supplement the Indenture to
add Tradeware as a Guarantor thereunder; and
          WHEREAS, pursuant to Section 9.01 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
Company, Tradeware and the Trustee covenant and agree for the equal and ratable
benefit of the Holders of the Notes as follows:
1. Capitalized Terms. Capitalized terms used herein without definition will have
the meanings assigned to them in the Indenture.
2. Note Guarantee.
     (a) Tradeware, jointly and severally with all other Guarantors of the
Notes, unconditionally guarantees to each Holder of a Note authenticated and
delivered by the Trustee and to the Trustee and its successors and assigns,
regardless of the validity and enforceability of

 

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the Indenture, the Notes or the obligations of the Company under the Indenture
or the Notes, that:

  (i)   the principal of, interest, premium and Liquidated Damages, if any, on
the Notes will be promptly paid in full when due, whether at maturity, by
acceleration, redemption or otherwise, and interest on the overdue principal of
and interest on the Notes, if any, if lawful, and all other obligations of the
Company to the Holders or the Trustee thereunder or under the Indenture shall be
promptly paid in full or performed, all in accordance with the terms thereof;
and     (ii)   in the case of any extension of time of payment or renewal of any
Notes or any of such other obligations, that same shall be promptly paid in full
when due or performed in accordance with the terms of the extension or renewal,
whether at stated maturity, by acceleration or otherwise.

     (b) Failing payment when due of any amount so guaranteed or any performance
so guaranteed for whatever reason, Tradeware agrees that it will be jointly and
severally obligated with the other Guarantors to pay the same immediately.
Tradeware agrees that this is a guarantee of payment and not a guarantee of
collection.
     (c) Tradeware hereby agrees that its obligations hereunder shall be
unconditional, irrespective of the validity, regularity or enforceability of the
Notes or the Indenture, the absence of any action to enforce the same, any
waiver or consent by any Holder of the Notes with respect to any provisions
hereof or thereof, the recovery of any judgment against the Company, any action
to enforce the same or any other circumstance which might otherwise constitute a
legal or equitable discharge or defense of a guarantor.
     (d) Tradeware hereby waives diligence, presentment, demand of payment,
filing of claims with a court in the event of insolvency or bankruptcy of the
Company, any right to require a proceeding first against the Company, protest,
notice and all demands whatsoever and covenants that this Note Guarantee shall
not be discharged except by complete performance of the obligations contained in
the Notes and the Indenture.
     (e) Tradeware also agrees to pay any and all costs and expenses (including
reasonable attorneys’ fees) incurred by the Trustee or any Holder in enforcing
any rights under this Section 2.
     (f) If any Holder or the Trustee is required by any court or otherwise to
return to the Company, the Guarantors or any custodian, trustee, liquidator or
other similar official acting in relation to either the Company or the
Guarantors, any amount paid either to the Trustee or such Holder, this Note
Guarantee, to the extent theretofore discharged, shall be reinstated in full
force and effect.
     (g) Tradeware agrees that it shall not be entitled to any right of
subrogation in relation to the Holders in respect of any obligations guaranteed
hereby until payment in full of all obligations guaranteed hereby. Tradeware
further agrees that, as between the Guarantors, on the

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one hand, and the Holders and the Trustee, on the other hand, (x) the maturity
of the obligations guaranteed hereby and under the Indenture may be accelerated
as provided in Article 6 of the Indenture for the purposes of the Note
Guarantees, notwithstanding any stay, injunction or other prohibition preventing
such acceleration in respect of the obligations guaranteed hereby or under the
Indenture, and (y) in the event of any declaration of acceleration of such
obligations as provided in Article 6 of the Indenture, such obligations (whether
or not due and payable) shall forthwith become due and payable by the Guarantors
for the purpose of the Note Guarantees.
     (h) Tradeware shall have the right to seek contribution from any non-paying
Guarantor so long as the exercise of such right does not impair the rights of
the Holders under the Note Guarantees.
     (i) This Note Guarantee shall remain in full force and effect and continue
to be effective should any petition be filed by or against the Company for
liquidation or reorganization, should the Company become insolvent or make an
assignment for the benefit of creditors or should a receiver or trustee be
appointed for all or any significant part of the Company’s assets, and shall, to
the fullest extent permitted by law, continue to be effective or be reinstated,
as the case may be, if at any time payment and performance of the Notes are,
pursuant to applicable law, rescinded or reduced in amount, or must otherwise be
restored or returned by any obligee on the Notes or Note Guarantees, whether as
a “voidable preference,” “fraudulent transfer” or otherwise, all as though such
payment or performance had not been made. In the event that any payment or any
part thereof, is rescinded, reduced, restored or returned, the Notes shall, to
the fullest extent permitted by law, be reinstated and deemed reduced only by
such amount paid and not so rescinded, reduced, restored or returned.
     (j) In case any provision of this Note Guarantee shall be invalid, illegal
or unenforceable, the validity, legality, and enforceability of the remaining
provisions shall not in any way be affected or impaired hereby.
     (k) Each payment to be made by Tradeware in respect of this Note Guarantee
shall be made without set-off, counterclaim, reduction or diminution of any kind
or nature.
3. Subordination of Note Guarantee.
     The obligations of Tradeware under this Note Guarantee pursuant to this
Supplemental Indenture shall be junior and subordinated to the prior payment in
full in cash or cash equivalents, or such payment duly provided for to the
satisfaction of the holders of such Guarantor Senior Debt, of the Guarantor
Senior Debt of Tradeware on the same basis as the Notes are junior and
subordinated to Senior Debt of the Company. For the purposes of the foregoing
sentence, the Trustee and the Holders shall have the right to receive and/or
retain payments by Tradeware only at such times as they may receive and/or
retain payments in respect of the Notes pursuant to the Indenture, including
Article 12 thereof, the First Supplemental Indenture, the Second Supplemental
Indenture, the Third Supplemental Indenture and this Supplemental Indenture.

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4. Limitation on Guarantor Liability.
     Tradeware, and by its acceptance of Notes, each Holder, hereby confirm that
it is the intention of all such parties that this Note Guarantee not constitute
a fraudulent transfer or conveyance for purposes of Bankruptcy Law, the Uniform
Fraudulent Conveyance Act, the Uniform Fraudulent Transfer Act or any similar
federal or state law to the extent applicable to this Note Guarantee. To
effectuate the foregoing intention, the Trustee, the Holders and Tradeware
hereby irrevocably agree that the obligations of each Guarantor shall be limited
to the maximum amount as will, after giving effect to such maximum amount and
all other contingent and fixed liabilities of such Guarantor that are relevant
under such laws and after giving effect to any collections from, rights to
receive contribution from or payments made by or on behalf of any other
Guarantor in respect of the obligations of such other Guarantor under Article 10
of the Indenture, the First Supplemental Indenture, the Second Supplemental
Indenture, the Third Supplemental Indenture or this Supplemental Indenture,
result in the obligations of such Guarantor under its Note Guarantee not
constituting a fraudulent conveyance or fraudulent transfer under applicable
law. Each Guarantor that makes a payment under its Note Guarantee shall be
entitled upon payment in full of all guaranteed obligations under the Indenture,
the First Supplemental Indenture, the Second Supplemental Indenture, the Third
Supplemental Indenture or this Supplemental Indenture to a contribution from
each other Guarantor in an amount equal to such other Guarantor’s pro rata
portion of such payment based on the respective net assets of all the Guarantors
at the time of such payment determined in accordance with GAAP.
5. Execution and Delivery.
     (a) To evidence its Note Guarantee set forth in Section 2, Tradeware hereby
agrees that a notation of such Note Guarantee substantially in the form of
Exhibit D to the Indenture shall be endorsed by an officer of Tradeware on each
Note authenticated and delivered by the Trustee after the date hereof and that
this Supplemental Indenture shall be executed on behalf of Tradeware by its
President or one of its Vice Presidents.
     (b) Tradeware hereby agrees that its Note Guarantee set forth in Section 2
shall remain in full force and effect notwithstanding the absence of the
endorsement of any notation of such Guarantee on the Notes.
     (c) If an Officer whose signature is on this Supplemental Indenture no
longer holds that office at the time the Trustee authenticates any Note, this
Note Guarantee will be valid nevertheless.
     (d) The delivery of any Note by the Trustee, after the authentication
thereof under the Indenture, shall constitute due delivery of the Note Guarantee
set forth in this Supplemental Indenture on behalf of Tradeware.
6. Subrogation.
     Each Guarantor shall be subrogated to all rights of Holders of Notes
against the Company in respect of any amounts paid by any Guarantor pursuant to
the provisions of Section 2 hereof,

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Section 2 of the First Supplemental Indenture, Second 2 of the Second
Supplemental Indenture, Section 2 of the Third Supplemental Indenture or
Section 10.01 of the Indenture; provided that, if an Event of Default has
occurred and is continuing, no Guarantor shall be entitled to enforce or receive
any payments arising out of, or based upon, such right of subrogation until all
amounts then due and payable by the Company under the Indenture or the Notes
shall have been paid in full.
7. Benefits Acknowledged.
     Tradeware acknowledges that it will receive direct and indirect benefits
from the financing arrangements contemplated by the Indenture and that the
guarantee and waivers made by it pursuant to its Note Guarantee are knowingly
made in contemplation of such benefits.
8. Release of Note Guarantee.
     (a) A Note Guarantee by a Guarantor shall be automatically and
unconditionally released and discharged, and no further action by such
Guarantor, the Company or the Trustee is required for the release of such
Guarantor’s Note Guarantee:

  (i)   in connection with any sale or other disposition of all or substantially
all of the assets of that Guarantor (including by way of merger or
consolidation) to a Person that is not (either before or after giving effect to
such transaction) the Company or a Restricted Subsidiary of the Company, if the
sale or other disposition does not violate Section 4.10 of the Indenture;    
(ii)   in connection with any sale or other disposition of all of the Capital
Stock of that Guarantor to a Person that is not (either before or after giving
effect to such transaction) Sunshine or a Restricted Subsidiary of Sunshine, if
the sale or other disposition does not violate Section 5.01 of the Indenture;  
  (iii)   if the Company designates such Guarantor as an Unrestricted Subsidiary
in accordance with Section 4.18 of the Indenture;     (iv)   if the Company
exercises its legal defeasance option or covenant defeasance pursuant to
Section 8.01 of the Indenture; or     (v)   if such Guarantor is released and
discharged from all of its Indebtedness under the Credit Agreement and all of
its guarantees of any Indebtedness outstanding under the Credit Agreement and
all obligations under any of the Company’s other Indebtedness or any
Indebtedness of the Guarantors;

such Guarantor delivering to the Trustee an Officer’s Certificate and an Opinion
of Counsel, each stating that all conditions precedent provided for in the
Indenture relating to such transaction have been complied with in all material
respects.

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     (b) At the request and at the expense of the Company, the Trustee shall
execute and deliver any instrument evidencing such release.
9. Guarantors May Consolidate, Etc. on Certain Terms.
     (a) Except as set forth in Section 10.07 of the Indenture, Section 8 of the
First Supplemental Indenture, Section 8 of the Second Supplemental Indenture,
Section 8 of the Third Supplemental Indenture or Section 8 of this Supplemental
Indenture, no Guarantor may sell or otherwise dispose of all of its assets to,
or consolidate with or merge with or into (whether or not such Guarantor is the
surviving Person), another Person, other than the Company or another Guarantor,
unless: (i) immediately after giving effect to such transaction, no Default or
Event of Default exists and (ii) either (A) subject to Section 10.07 of the
Indenture, Section 8 of the First Supplemental Indenture, Section 8 of the
Second Supplemental Indenture, Section 8 of the Third Supplemental Indenture and
Section 8 of this Supplemental Indenture, the Person acquiring the property in
any such sale or disposition or the Person formed by or surviving any such
consolidation or merger unconditionally assumes all the obligations of that
Guarantor under the Indenture, the First Supplemental Indenture, the Second
Supplemental Indenture, the Third Supplemental Indenture, this Supplemental
Indenture, its Note Guarantee and the Registration Rights Agreement on the terms
set forth herein or therein, pursuant to a supplemental indenture in form and
substance reasonably satisfactory to the Trustee; or (B) the Net Proceeds of
such sale or other disposition are applied in accordance with the applicable
provisions of the Indenture, including without limitation Section 4.10 thereof.
     (b) In case of any such consolidation, merger, sale or conveyance and upon
the assumption by the successor Person, by supplemental indenture, executed and
delivered to the Trustee and satisfactory in form to the Trustee, of the Note
Guarantee endorsed upon the Notes and the due and punctual performance of all of
the covenants and conditions of the Indenture, the First Supplemental Indenture,
the Second Supplemental Indenture, the Third Supplemental Indenture and this
Supplemental Indenture to be performed by the Guarantor, such successor Person
will succeed to and be substituted for the Guarantor with the same effect as if
it had been named as a Guarantor under the Indenture, the First Supplemental
Indenture, the Second Supplemental Indenture, the Third Supplemental Indenture
or this Supplemental Indenture. All the Note Guarantees so issued will in all
respects have the same legal rank and benefit under the Indenture, the First
Supplemental Indenture, the Second Supplemental Indenture, the Third
Supplemental Indenture and this Supplemental Indenture as the Note Guarantees
theretofore and thereafter issued in accordance with the terms of the Indenture,
the First Supplemental Indenture, the Second Supplemental Indenture, the Third
Supplemental Indenture and this Supplemental Indenture as though all of such
Note Guarantees had been issued at the date of the execution hereof.
     (c) Except as set forth in Articles 4 and 5 of the Indenture, and
notwithstanding clauses (a)(ii)(A) or (B) above, nothing contained in the
Indenture, the First Supplemental Indenture, the Second Supplemental Indenture,
the Third Supplemental Indenture, this Supplemental Indenture or in any of the
Notes will prevent any combination or merger of a Guarantor with or into the
Company or another Guarantor, or will prevent any sale or conveyance of the
property of a Guarantor as an entirety or substantially as an entirety to the
Company or another Guarantor.

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10. No Recourse Against Others. No past, present or future director, officer,
employee, incorporator, stockholder or agent of any Guarantor, as such, will
have any liability for any obligations of the Company or the Guarantor under the
Notes, any Note Guarantees, the Indenture, the First Supplemental Indenture, the
Second Supplemental Indenture, the Third Supplemental Indenture or this
Supplemental Indenture or for any claim based on, in respect of, or by reason
of, such obligations or their creation. Each Holder of the Notes by accepting a
Note waives and releases all such liability. The waiver and release are part of
the consideration for issuance of the Notes. Such waiver may not be effective to
waive liabilities under the federal securities laws and it is the view of the
Securities and Exchange Commission that such a waiver is against public policy.
11. New York Law to Govern. THIS SUPPLEMENTAL INDENTURE WILL BE GOVERNED BY, AND
CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK.
12. Counterparts. The parties may sign any number of copies of this Supplemental
Indenture. Each signed copy will be an original, but all of them together
represent the same agreement.
13. Effect of Headings. The Section headings herein are for convenience only and
will not affect the construction hereof.
14. The Trustee. The Trustee will 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 Tradeware and the Company.
[Remainder of Page Intentionally Left Blank.]

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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.

            SS&C TECHNOLOGIES, INC.
      By:   /s/ Patrick J. Pedonti         Name:   Patrick J. Pedonti       
Title:   Senior Vice President and Chief
Financial Officer     

            Guarantor:

TRADEWARE GLOBAL CORP.
      By:   /s/ Patrick J. Pedonti         Name:   Patrick J. Pedonti       
Title:   Vice President, Chief Financial
Officer and Treasurer        WELLS FARGO BANK, NATIONAL ASSOCIATION,
As Trustee
      By:   /s/ Martin Reed         Name:   Martin Reed        Title:   Vice
President     

[Signature Page to Fourth Supplemental Indenture]