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KOPPERS INC.
as Issuer,
 
The GUARANTORS named herein
 
and
 
JPMORGAN CHASE BANK, NA
as Trustee
 
——————————————————
 
FIRST SUPPLEMENTAL INDENTURE
 
Dated as of December 2, 2005
 
to
 
INDENTURE
 
Dated as of October 15, 2003
 
——————————————————
 
9⅞% Senior Secured Notes due 2013
 

 

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FIRST SUPPLEMENTAL INDENTURE, dated as of December 2, 2005 (the “Supplemental
Indenture”), to the Indenture, dated as of October 15, 2003 (the “Indenture”)
among Koppers Inc., a corporation organized under the laws of Pennsylvania (the
“Company”), the Guarantors party thereto and JPMorgan Chase Bank, NA (formerly
known as JPMorgan Chase Bank), as Trustee (the “Trustee”).

W I T N E S S E T H:
 
WHEREAS, the Company has duly authorized the execution and delivery of the
Indenture to provide for the issuance of 9⅞% Senior Secured Notes due 2013 (the
“Securities”);

WHEREAS, Section 9.02 of the Indenture provides that the Company and the Trustee
may amend the Indenture with the consent of the Holders of at least a majority
in aggregate principal amount of the Securities then outstanding, excluding for
such purpose any Securities owned by the Company and certain of its affiliates
(the “Requisite Consents”);

WHEREAS, pursuant to the Consent Solicitation Statement dated November 16, 2005
(the “Consent Solicitation”), the Company solicited consents from Holders of
Securities to amend certain provisions of the Indenture, as set forth in Article
I hereof;

WHEREAS, the Requisite Consents to the amendments effected by this Supplemental
Indenture have been received; and
 
WHEREAS, this Supplemental Indenture has been duly authorized by all necessary
corporate action on the part of the Company.
 
NOW, THEREFORE, the Company and the Trustee agree as follows for the equal and
ratable benefit of the Holders of the Securities:
 

ARTICLE I
 
Amendments
 
SECTION 1.01.  Amendments to Article 1. Upon effectiveness of the amendments set
forth in this Article, Section 1.01 (Definitions) of the Indenture is hereby
amended by replacing the “;” at the end of clause (1) of the definition of
“Change of Control” with a “.” and adding the following sentence:
 

For purposes of this clause (1), a public offering of the common stock of the
parent of the Company will be deemed a public offering of common stock of the
Company;

 
 

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SECTION 1.02.  Trustee’s Acceptance. The Trustee hereby accepts this
Supplemental Indenture and agrees to perform the same under the terms and
conditions set forth in the Indenture.
 
ARTICLE II
 
Miscellaneous
 
SECTION 2.01.  Interpretation. Upon execution and delivery of this Supplemental
Indenture and the effectiveness of the amendments set forth in Article I, the
Indenture shall be modified and amended in accordance with this Supplemental
Indenture, and all the terms and conditions of both shall be read together as
though they constitute one instrument, except that, in case of conflict, the
provisions of this Supplemental Indenture shall control. The Indenture, as
modified and amended by this Supplemental Indenture, is hereby ratified and
confirmed in all respects and shall bind every Holder of Securities. In case of
conflict between the terms and conditions contained in the Securities and those
contained in the Indenture, as modified and amended by this Supplemental
Indenture, the provisions of the Indenture, as modified and amended by this
Supplemental Indenture, shall control.
 
SECTION 2.02.  Conflict with Trust Indenture Act. If any provision of this
Supplemental Indenture limits, qualifies or conflicts with any provision of the
TIA that is required under the TIA to be part of and govern any provision of
this Supplemental Indenture, the provision of the TIA shall control. If any
provision of this Supplemental Indenture modifies or excludes any provision of
the TIA that may be so modified or excluded, the provision of the TIA shall be
deemed to apply to the Indenture as so modified or to be excluded by this
Supplemental Indenture, as the case may be.
 
SECTION 2.03.  Severability. In case any provision in this Supplemental
Indenture shall be invalid, illegal or unenforceable, the validity, legality and
enforceability of the remaining provisions shall not in any way be affected or
impaired thereby.
 
SECTION 2.04.  Terms Defined in the Indenture. All capitalized terms not
otherwise defined herein shall have the meanings ascribed to them in the
Indenture.
 
SECTION 2.05.  Headings. The Article and Section headings of this Supplemental
Indenture have been inserted for convenience of reference only, are not to be
considered a part of this Supplemental Indenture and shall in no way modify or
restrict any of the terms or provisions hereof.
 
SECTION 2.06.  Benefits of Supplemental Indenture, etc. Nothing in this
Supplemental Indenture or the Securities, express or implied, shall give to any
Person, other than the parties hereto and thereto and their successors hereunder
and thereunder and the Holders of the Securities, any benefit of any legal or
equitable right, remedy or claim under the Indenture, this Supplemental
Indenture or the Securities.
 

 
 

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SECTION 2.07.  Successors. All agreements of the Company in this Supplemental
Indenture shall bind its successors. All agreements of the Trustee in this
Supplemental Indenture shall bind its successors.
 
SECTION 2.08.  Trustee Not Responsible for Recitals. The recitals contained
herein shall be taken as the statements of the Company and the Trustee assumes
no responsibility for their correctness.
 
SECTION 2.09.  Certain Duties and Responsibilities of the Trustee. In entering
into this Supplemental Indenture, the Trustee shall be entitled to the benefit
of every provision of the Indenture relating to the conduct or affecting the
liability or affording protection to the Trustee, whether or not elsewhere
herein so provided.
 
SECTION 2.10.  Governing Law. This Supplemental Indenture shall be governed by,
and construed in accordance with, the laws of the State of New York 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.
 
SECTION 2.11.  Counterpart Originals. 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.
 
SECTION 2.12.  Effectiveness of Amendments. This Supplemental Indenture shall be
effective upon execution hereof by the Company and the Trustee; however the
amendments to the Indenture set forth in Article I shall not become operative
until the consent payment pursuant to the Consent Solicitation is made by the
Company and written notice is delivered by the Company to the Trustee that such
consent payment has been made. The Company shall promptly notify the Trustee in
writing of any oral or written notice it gives to D.F. King & Co., Inc., as
Tabulation Agent.
 
 
 
 

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

 
KOPPERS INC.

By: /s/ Brian H. McCurrie
Name: Brian H. McCurrie
Title: Vice President & CFO

 
WORLD-WIDE VENTURES CORPORATION
 
By: /s/ M. Claire Schaming
Name: M. Claire Schaming
Title: Vice President
 
KOPPERS CONCRETE PRODUCTS, INC.
 
By: /s/ Brian H. McCurrie
Name: Brian H. McCurrie
Title: Treasurer
 
KOPPERS DELAWARE, INC.
 
By: /s/ Brian H. McCurrie
Name: Brian H. McCurrie
Title: President
 
CONCRETE PARTNERS, INC.
 
By: /s/ Brian H. McCurrie
Name: Brian H. McCurrie
Title: Treasurer

 
 

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KOPPERS REDEMPTION, INC.
 
By: /s/ Brian H. McCurrie
Name: Brian H. McCurrie
Title: President
 
KOPPERS INVESTMENT SUBSIDIARY PTY LTD.
 
By: /s/ Brian H. McCurrie
Name: Brian H. McCurrie
Title: Director
 

 
KOPPERS AUSTRALIA PTY. LIMITED,

By: /s/ Brian H. McCurrie
Name: Brian H. McCurrie
Title: Director
 

 
KOPPERS WOODS PRODUCTS PTY. LTD.

By: /s/ Brian H. McCurrie
Name: Brian H. McCurrie
Title: Director
 

 
KOPPERS CARBON MATERIAL & CHEMICALS PTY. LTD.

By: /s/ Brian H. McCurrie
Name: Brian H. McCurrie
Title: Director

 
 

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CONTINENTAL CARBON AUSTRALIA PTY. LTD.

By: /s/ Brian H. McCurrie
Name: Brian H. McCurrie
Title: Director
 
KOPPERS SHIPPING PTY. LTD.
 
By: /s/ Brian H. McCurrie
Name: Brian H. McCurrie
Title: Director
 
KOPPERS AUSTRALIA HOLDING COMPANY PTY LIMITED
 
By: /s/ Brian H. McCurrie
Name: Brian H. McCurrie
Title: Director
 

 

 
 

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JPMORGAN CHASE BANK, NA
 
as Trustee
 

By: /s/ Alfia Monastra
    Name: Alfia Monastra
    Title: Vice President