EXHIBIT 10.1.3

 

AMENDMENT NO. 3 TO STOCKHOLDERS AGREEMENT AND CONSENT OF STOCKHOLDERS

 

AMENDMENT NO. 3 AND CONSENT OF STOCKHOLDERS dated as of May 15, 2001 (“Amendment
No. 3”), among USS Holdings, Inc., a Delaware corporation (the “Corporation”),
and the stockholders of the Corporation (each a “Stockholder” and collectively
the “Stockholders”) listed on the signature pages hereof, to the Stockholders
Agreement (the “Agreement”) dated as of February 9, 1996, as amended, among the
Corporation and the Stockholders. In this Amendment No. 3, unless otherwise
defined herein or unless the context requires otherwise, capitalized terms shall
have the meaning ascribed to them in the Agreement.

 

1. The parties hereto, being the parties to the Agreement required to amend the
Agreement in accordance with Section 18(a) thereof, hereby amend the Agreement,
which amendment shall become effective upon execution of this Amendment No. 3 by
the Corporation, a Majority of the Institutional Stockholders and a Majority of
the DGHA Stockholders, as follows:

 

Section 2(a) of the Agreement is hereby deleted and replaced with the following:

 

“(a) Election of Directors Generally. Each Stockholder shall from time to time
take such action, in his capacity as a stockholder of the Corporation, including
the voting of all Securities owned or controlled by such Stockholder, as may be
necessary to cause the Corporation to be managed at all times by a Board,
consisting of eight members to be designated as follows:

 

  (i)   for so long as D. George Harris and his Affiliates own 50% or more of
the Securities (other than DGHA Restricted Shares) held by them on the Original
Agreement Date, two directors shall be designated by D. George Harris, one of
which designated directors shall be D. George Harris (each a “George Harris
Director” and together the “George Harris Directors”);

 

  (ii)   for so long as Anthony J. Petrocelli and his Affiliates own 50% or more
of the Securities (other than DGHA Restricted Shares) held by them on the
Original Agreement Date, one director shall be designated by Anthony J.
Petrocelli (the “Petrocelli Director”);

 

  (iii)   four directors shall be designated by a Majority of the Institutional
Stockholders (each an “Initial Institutional Director” and together the “Initial
Institutional Directors”);

 

  (iv)   one director shall be the President of the Corporation;

 

  (v)   for so long as D. George Harris shall be elected as a director he shall
also be elected as the Chairman of the Board and Chief Executive Officer of the
Corporation, and for so long as Anthony J. Petrocelli shall be elected as a
director he shall also be elected as the Vice-Chairman of the Board;

 

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Nothwithstanding the foregoing, in the event of a Termination Event with respect
to D. George Harris or Anthony J. Petrocelli, the DGHA Stockholder with respect
to which such Termination Event has occurred shall not be entitled to designate
any directors and the Harris Directors or the Petrocelli Director, as
applicable, shall thereafter be designated by the Majority of the DGHA
Stockholders.”

 

2. The Requisite Stockholders consent, pursuant to Section 4(a)(vii) of the
Agreement to the following amendment to the By-Laws so that Section 2.02 of the
By-Laws shall read as follows:

 

“Directors need not be stockholders. The number of directors which shall
constitute the whole Board shall be not less than three nor more than ten, and
the number of directors which shall initially constitute the whole Board shall
be eight, provided, however, that upon the occurrence of a Trigger Event (as
defined in the Stockholders Agreement) and the giving of notice to the
Corporation as provided by Section 2(b) of the Stockholders Agreement in
connection therewith, the number of directors which shall then constitute the
whole Board shall be increased by two and shall equal ten. Subject to the terms
and conditions of the Stockholders Agreement, such number may be increased or
decreased and subsequently again from time to time increased or decreased by an
amendment to these By-Laws. For purposes of these By-Laws, “Stockholders
Agreement” shall mean the Stockholders Agreement dated as of February 9, 1996
among the Corporation and the stockholders of the Corporation party thereto, as
the same may be amended or modified from time to time.”

 

3. This Amendment No. 3 may be executed simultaneously in two or more
counterparts, any one of which need not contain the signatures of more than one
party, but all such counterparts taken together will constitute one and the same
agreement. It shall not be necessary in making proof of this Amendment No. 3 to
produce or account for more than one such counterpart.

 

4. All questions concerning the construction, interpretation and validity of
this Amendment No. 3 shall be governed by, and construed in accordance with the
domestic laws of the State of New York without giving effect to any choice or
conflict of law provision or rule (whether in the State of New York or any other
jurisdiction) that would cause the application of the laws of any jurisdiction
other than the State of New York.

 

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IN WITNESS WHEREOF, the parties hereto have executed this Amendment No. 3 on the
date first written above.

 

USS HOLDINGS, INC. By:        

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Name:

Title:

 

J. P. MORGAN PARTNERS (23A SBIC), LLC By:        

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Name:

Title:

 

MASSACHUSSETTS MUTUAL LIFE INSURANCE COMPANY

By:

 

David L. Babson & Company Inc.,

its Investment Advisor

By:        

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Name:

Title:

 

MASSMUTUAL CORPORATE INVESTORS By:        

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Name:

Title:

 

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MASSMUTUAL PARTICIPATION INVESTORS By:        

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Name:

Title:

 

MASSMUTUAL CORPORATE VALUE PARTNERS LIMITED

By:

  David L. Babson & Company Inc., under delegated authority from Massachusetts
Mutual Life Insurance Company, as Investment Manager By:        

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Name:

Title:

 

     

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D. George Harris

 

     

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Anthony J. Petrocelli

 

     

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Richard J. Donahue

 

     

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Donald G. Kilpatrick

 

     

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Richard J. Nick

 

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Anne Cortazzi

 

TRUST UNDER AGREEMENT OF D. GEORGE HARRIS DATED NOVEMBER 18, 1994 F/B/O ROBERT
HARRIS By:        

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Anthony J. Petrocelli, Trustee

 

By:        

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Donald G. Kilpatrick, Trustee

 

TRUST UNDER AGREEMENT OF D. GEORGE HARRIS DATED NOVEMBER 18, 1994 F/B/O MARGARET
HARRIS By:        

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Anthony J. Petrocelli, Trustee

 

By:        

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Donald G. Kilpatrick, Trustee

 

TRUST UNDER AGREEMENT OF D. GEORGE HARRIS DATED NOVEMBER 18, 1994 F/B/O PAIGE
COLEMAN By:        

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Anthony J. Petrocelli, Trustee

 

By:        

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Donald G. Kilpatrick, Trustee

 

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TRUST UNDER AGREEMENT OF D. GEORGE HARRIS DATED NOVEMBER 18, 1994 F/B/O KEITH
COLEMAN By:        

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Anthony J. Petrocelli, Trustee

 

By:        

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Donald G. Kilpatrick, Trustee

 

TRUST UNDER AGREEMENT OF D. GEORGE HARRIS DATED NOVEMBER 18, 1994 F/B/O AUGUSTUS
NORTHRIDGE By:        

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Anthony J. Petrocelli, Trustee

 

By:        

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Donald G. Kilpatrick, Trustee

 

TRUST UNDER AGREEMENT OF D. GEORGE HARRIS DATED JANUARY 31, 1995 F/B/O P.G.F.
SCURR By:        

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Anthony J. Petrocelli, Trustee

 

By:        

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Donald G. Kilpatrick, Trustee

 

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THE PETROCELLI FAMILY TRUST, D. GEORGE HARRIS & CHARLES J. CASSATA, AS TRUSTEES
By:        

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D. George Harris, Trustee

 

By:        

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Charles J. Cassata, Trustee

 

TRUST UNDER AGREEMENT OF ANTHONY J. PETROCELLI DATED OCTOBER 29, 1990 F/B/O
SERENA PETROCELLI By:        

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Anthony J. Petrocelli, Trustee

 

By:        

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Charles J. Cassata, Trustee

 

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