Exhibit 10.41.2

 

SECOND AMENDMENT TO SECOND AMENDED AND RESTATED CREDIT

AGREEMENT

 

THIS SECOND AMENDMENT TO SECOND AMENDED AND RESTATED CREDIT AGREEMENT (this
“Amendment”) is made as of the 17th day of September, 2004, by and among CADMUS
COMMUNICATIONS CORPORATION (the “Borrower”), the LENDERS party hereto, WACHOVIA
BANK, NATIONAL ASSOCIATION, as Administrative Agent, BANK OF AMERICA, N.A., as
Syndication Agent, BNP PARIBAS, ING CAPITAL LLC, and THE ROYAL BANK OF SCOTLAND
PLC, as Co-Documentation Agents, and the GUARANTORS party hereto.

 

R E C I T A L S:

 

The Borrower, the Administrative Agent and the Lenders have entered into a
certain Second Amended and Restated Credit Agreement dated January 28, 2004 (as
amended by the First Amendment to Second Amended and Restated Credit Agreement
dated as of June 15, 2004, the “Credit Agreement”). Capitalized terms used in
this Amendment which are not otherwise defined in this Amendment shall have the
respective meanings assigned to them in the Credit Agreement.

 

The Guarantors have executed or otherwise become a party to a certain Amended
and Restated Guaranty Agreement dated as of January 28, 2004 (the “Guaranty”).

 

The Borrower and Guarantors have requested the Administrative Agent and the
Lenders to amend the Credit Agreement upon the terms and conditions hereinafter
set forth.

 

NOW, THEREFORE, in consideration of the Recitals and the mutual promises
contained herein and for other good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, the Borrower, the Administrative
Agent and the Lenders, intending to be legally bound hereby, agree as follows:

 

SECTION 1. Recitals. The Recitals are incorporated herein by reference and shall
be deemed to be a part of this Amendment.

 

SECTION 2. Amendment. Section 6.29 of the Credit Agreement is hereby amended by
inserting the following at the end of the first paragraph of Section 6.29:

 

For purposes of making the calculation required by clause (5) of the immediately
preceding sentence, the aggregate amount of all repurchases of the Borrower’s
common stock under subsection (D) of this Section 6.29 shall be reduced by the
aggregate amount received by the Borrower after the Effective Date as a result
of the exercise of stock options issued by the Borrower and the issuance of new
common stock of the Borrower in connection therewith.

 

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SECTION 3. Conditions to Effectiveness. The effectiveness of this Amendment and
the obligations of the Lenders hereunder are subject to the following
conditions:

 

(a) receipt by the Administrative Agent from each of the parties hereto of a
duly executed counterpart of this Amendment signed by the Borrower, the
Guarantors, and the Required Lenders;

 

(b) receipt by the Administrative Agent from the Borrower of any and all fees
and expenses to be paid by the Borrower to the Administrative Agent in
connection with this Amendment; and

 

(c) the fact that the representations and warranties of the Borrower contained
in Article V of the Credit Agreement and in Section 5 of this Amendment shall be
true on and as of the date hereof.

 

SECTION 4. No Other Amendment. Except for the amendments set forth above, the
text of the Credit Agreement shall remain unchanged and in full force and
effect. This Amendment is not intended to effect, nor shall it be construed as,
a novation. The Credit Agreement and this Amendment shall be construed together
as a single agreement. Nothing herein contained shall waive, annul, vary or
affect any provision, condition, covenant or agreement contained in the Credit
Agreement, except as herein amended, nor affect nor impair any rights, powers or
remedies under the Credit Agreement as hereby amended. The Lenders and the
Administrative Agent do hereby reserve all of their rights and remedies against
all parties who may be or may hereafter become secondarily liable for the
repayment of the Obligations. The Borrower promises and agrees to perform all of
the requirements, conditions, agreements and obligations under the terms of the
Credit Agreement, as heretofore and hereby amended, the Credit Agreement, as
amended, being hereby ratified and affirmed. The Borrower hereby expressly
agrees that the Credit Agreement, as amended, is in full force and effect.

 

SECTION 5. Representations and Warranties. The Borrower hereby represents and
warrants to each of the Lenders as follows:

 

(a) No Default under the Credit Agreement has occurred and is continuing
unwaived by the Lenders on the date hereof.

 

(b) The Borrower and Guarantors have the power and authority to enter into this
Amendment and to do all acts and things as are required or contemplated
hereunder to be done, observed and performed by them.

 

(c) This Amendment has been duly authorized, validly executed and delivered by
one or more authorized officers of the Borrower and Guarantors and constitutes a
legal, valid and binding obligation of the Borrower, and each Guarantor
enforceable against it in accordance with its terms, provided that such
enforceability is subject to general principles of equity.

 

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(d) The execution and delivery of this Amendment and the performance of the
Borrower and Guarantors hereunder do not and will not require the consent or
approval of any regulatory authority or governmental authority or agency having
jurisdiction over the Borrower or any Guarantor, nor be in contravention of or
in conflict with the articles of incorporation or bylaws of the Borrower, or any
Guarantor, or the provision of any statute, or any judgment, order or indenture,
instrument, agreement or undertaking, to which the Borrower, or any Guarantor is
party or by which the assets or properties of the Borrower and Guarantors are or
may become bound.

 

SECTION 6. Counterparts. This Amendment may be executed in multiple
counterparts, each of which shall be deemed to be an original and all of which,
taken together, shall constitute one and the same agreement.

 

SECTION 7. Governing Law. This Amendment shall be governed by, and construed in
accordance with, the law of the State of North Carolina.

 

SECTION 8. Consent by Guarantors. The Guarantors consent to the foregoing
amendments. The Guarantors promise and agree to perform all of the requirements,
conditions, agreements and obligations under the terms of the Guaranty and
Indemnity, Subrogation and Contribution Agreement, said Guaranty and Indemnity,
Subrogation and Contribution Agreement being hereby ratified and affirmed. The
Guarantors hereby expressly agree that the Guaranty and Indemnity, Subrogation
and Contribution Agreement are in full force and effect.

 

[The remainder of this page intentionally left blank.]

 

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IN WITNESS WHEREOF, the parties hereto have executed and delivered, or have
caused their respective duly authorized officers or representatives to execute
and deliver, under seal, this Amendment as of the day and year first above
written.

 

BORROWER:

CADMUS COMMUNICATIONS CORPORATION

By:

 

/s/ Paul K. Suijk

  (SEAL)

Name:

 

Paul K. Suijk

Title:

 

Senior VP & CFO

 

Signature Page of

Second Amendment to Second Amended and Restated Credit Agreement

Page 1 of 9

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WACHOVIA BANK, NATIONAL ASSOCIATION, as Administrative Agent and as a Lender

By:

 

/s/ Laura Kubwak

  (SEAL)

Name:

 

Laura Kubwak

   

Title:

 

Associate

   

 

Signature Page of

Second Amendment to Second Amended and Restated Credit Agreement

Page 2 of 9

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BANK OF AMERICA, N.A., as Syndication Agent and a Lender

By:

 

/s/ Scott K. Mitchell

  (SEAL)

Name:

 

Scott K. Mitchell

   

Title:

 

Senior Vice President

   

 

Signature Page of

Second Amendment to Second Amended and Restated Credit Agreement

Page 3 of 9

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BNP PARIBAS, as Co-Documentation Agent and a Lender By:  

/s/ Christopher Perras

Name:

 

Christopher Perras

Title:

 

Associate

By:  

/s/ Shayn March

Name:

 

Shayn March

Title:

 

Director

 

Signature Page of

Second Amendment to Second Amended and Restated Credit Agreement

Page 4 of 9

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ING CAPITAL LLC, as Co-Documentation Agent and a Lender By:  

/s/ William C. Beddingfield

  (SEAL)

Name:

 

William C. Beddingfield

   

Title:

 

Managing Director

   

 

Signature Page of

Second Amendment to Second Amended and Restated Credit Agreement

Page 5 of 9

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THE ROYAL BANK OF SCOTLAND PLC, as Co-Documentation Agent and a Lender By:  

/s/ Maria Amaral-LeBlanc

  (SEAL)

Name:

 

Maria Amaral-LeBlanc

   

Title:

 

Senior Vice President

   

 

Signature Page of

Second Amendment to Second Amended and Restated Credit Agreement

Page 6 of 9

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NATIONAL CITY BANK, as a Lender     By:  

/s/ Heather M. Mclotyre

  (SEAL)

Name:

 

Heather M. Mclotyre

   

Title:

 

Vice President

   

 

Signature Page of

Second Amendment to Second Amended and Restated Credit Agreement

Page 7 of 9

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HARRIS TRUST AND SAVINGS BANK, as a Lender By:  

/s/ Thomas A. Batterham

  (SEAL)

Name:

 

Thomas A. Batterham

   

Title:

 

Managing Director

   

 

Signature Page of

Second Amendment to Second Amended and Restated Credit Agreement

Page 8 of 9

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GUARANTORS:

CADMUS INTERNATIONAL HOLDINGS, INC.;

CADMUS JOURNAL SERVICES, INC.; CADMUS

MARKETING GROUP, INC.; CADMUS

PRINTING GROUP, INC.; MACK PRINTING

COMPANY; PORT CITY PRESS, INC.; SCIENCE

CRAFTSMAN INCORPORATED; WASHBURN

GRAPHICS, INC.

By:  

/s/ Christopher T. Schools

  (SEAL)

Name:

 

Christopher T. Schools

   

Title:

 

VP & Treasurer

   

CADMUS INVESTMENTS, LLC

By:  

/s/ Christopher T. Schools

  (SEAL)

Name:

 

Christopher T. Schools

   

Title:

 

President/Assistant Treasurer

   

CDMS MANAGEMENT, LLC

By:  

/s/ Christopher T. Schools

  (SEAL)

Name:

 

Christopher T. Schools

   

Title:

 

Treasurer

   

 

Signature Page of

Second Amendment to Second Amended and Restated Credit Agreement

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