Exhibit 10.2.2

 

AMENDMENT NO. 2 TO AMENDED AND RESTATED INVESTORS’ AGREEMENT

 

This Amendment (the “Amendment”) dated as of July 23, 2004 to the Amended and
Restated Investors’ Agreement dated as of October 6, 2000, and as subsequently
amended by Amendment No. 1 dated as of December 31, 2001 among DeCrane Holdings
Co. (the “Company”) and DeCrane Aircraft Holdings, Inc. (“Opco” and, together
with the Company, the “Companies”), the DLJ Entities (as defined therein), the
DLJIP Entities (as defined therein), the Putnam Entities (as defined therein)
and certain other Stockholders named therein.

 

W  I  T  N  E  S  S  E  T  H:

 

WHEREAS, the Companies, the DLJ Entities, the DLJIP Entities and the Putnam
Entities are parties to the Amended and Restated Investors’ Agreement dated as
of October 6, 2000, as amended (the “Investors’ Agreement”); and

 

WHEREAS, the parties hereto desire to amend the Investors’ Agreement as provided
herein;

 

NOW, THEREFORE, intending to be legally bound, the parties hereto agree as
follows:

 

Section 1.         Definitions; References.  Unless otherwise specifically
defined herein, each term used herein which is defined in the Investors’
Agreement shall have the meaning assigned to such term in the Investors
Agreement.  Each reference to “hereof”, “hereunder”, “herein”, and hereby and
each other similar reference and each reference to “this Agreement” and each
other similar reference contained in the Investors’ Agreement shall from and
after the date hereof refer to the Investors’ Agreement as amended hereby.

 

Section 2.         Amendment to Definition of Senior Preferred Stock.  The
definition of Senior Preferred Stock in the Investors’ Agreement is amended to
be the Senior Redeemable Exchangeable Preferred Stock of Opco, as amended from
time to time.

 

Section 4.         Governing Law.  This Amendment shall be governed by, and
construed in accordance with, the laws of the State of New York, without regard
to the conflicts of laws rules of such state.

 

Section 5.         Counterparts; Effectiveness.  This Amendment may be executed
in any number of counterparts, each of which shall be deemed to be an original,
with the same effect as if the signatures thereto and hereto were upon the same
instrument.  This Amendment shall become effective when this Amendment

 

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or a counterpart hereto has been executed by the Company (with the approval of
the board of directors of the Company) and Stockholders holding at least 75% of
the outstanding Shares, calculated on a Fully Diluted basis.

 

Section 6.         Effect of Amendment.  Except as expressly set forth herein,
the amendments contained herein shall not constitute an amendment of any term or
condition of the Investors’ Agreement, and all such terms and conditions shall
remain in full force and effect and are hereby ratified and confirmed in all
respects.

 

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IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be duly
executed by their respective authorized officers as of the day and year first
above written.

 

 

DECRANE HOLDINGS CO.

 

 

 

 

 

By:

/s/ R. JACK DECRANE

 

 

 

Name:

R. Jack DeCrane

 

 

Title:

Chief Executive Officer

 

 

 

 

 

DECRANE AIRCRAFT HOLDINGS, INC.

 

 

 

 

 

 

 

By:

/s/ R. JACK DECRANE

 

 

 

Name:

R. Jack DeCrane

 

 

Title:

Chief Executive Officer

 

 

 

 

 

 

 

DLJ MERCHANT BANKING PARTNERS II, L.P.

 

 

 

 

 

 

 

BY DLJ MERCHANT BANKING II, INC., Managing General
Partner

 

 

 

 

 

 

 

By:

/s/ MICHAEL S. ISIKOW

 

 

 

Name:

Michael S. Isikow

 

 

Title:

Vice President

 

 

 

 

 

 

 

DLJ MERCHANT BANKING PARTNERS II-A, L.P.

 

 

 

 

 

 

 

BY DLJ MERCHANT BANKING PARTNERS II, INC.,
Managing General Partner

 

 

 

 

 

 

By:

/s/ MICHAEL S. ISIKOW

 

 

 

Name:

Michael S. Isikow

 

 

Title:

Vice President

 

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DLJ OFFSHORE PARTNERS II, C.V.

 

 

 

 

 

 

 

BY DLJ MERCHANT BANKING PARTNERS II, INC.,
Advisory General Partner

 

 

 

 

 

 

By:

/s/ MICHAEL S. ISIKOW

 

 

 

Name:

Michael S. Isikow

 

 

Title:

Vice President

 

 

 

 

 

 

 

DLJ DIVERSIFIED PARTNERS, L.P.

 

 

 

 

 

BY DLJ DIVERSIFIED PARTNERS, INC., Managing General
Partner

 

 

 

 

 

 

 

By:

/s/ MICHAEL S. ISIKOW

 

 

 

Name:

Michael S. Isikow

 

 

Title:

Vice President

 

 

 

 

 

 

 

DLJ DIVERSIFIED PARTNERS-A, L.P.

 

 

 

 

 

 

 

BY DLJ DIVERSIFIED PARTNERS, INC., Managing General
Partner

 

 

 

 

 

 

 

By:

/s/ MICHAEL S. ISIKOW

 

 

 

Name:

Michael S. Isikow

 

 

Title:

Vice President

 

 

 

 

 

 

 

DLJMB FUNDING II, INC.

 

 

 

 

 

 

 

By:

/s/ MICHAEL S. ISIKOW

 

 

 

Name:

Michael S. Isikow

 

 

Title:

Vice President

 

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DLJ EAB PARTNERS, L.P.

 

 

 

 

 

 

 

BY DLJ LBO PLANS MANAGEMENT CORPORATION,
General Partner

 

 

 

 

 

 

 

By:

/s/ MICHAEL S. ISIKOW

 

 

 

Name:

Michael S. Isikow

 

 

Title:

Vice President

 

 

 

 

 

 

 

DLJ MILLENNIUM PARTNERS, L.P.

 

 

 

 

 

 

 

BY DLJ MERCHANT BANKING II, INC., Managing General
Partner

 

 

 

 

 

 

 

By:

/s/ MICHAEL S. ISIKOW

 

 

 

Name:

Michael S. Isikow

 

 

Title:

Vice President

 

 

 

 

 

 

 

UK INVESTMENT PLAN 1997 PARTNERS

 

 

 

 

 

 

 

BY UK INVESTMENT PLAN 1997, INC., General Partner

 

 

 

 

 

 

 

By:

/s/ MICHAEL S. ISIKOW

 

 

 

Name:

Michael S. Isikow

 

 

Title:

Vice President

 

 

 

 

DLJ FIRST ESC L.P.

 

 

 

 

 

BY DLJ LBO PLANS MANAGEMENT CORPORATION,
General Partner

 

 

 

 

 

 

 

By:

/s/ MICHAEL S. ISIKOW

 

 

 

Name:

Michael S. Isikow

 

 

Title:

Vice President

 

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DLJ ESC II L.P.

 

 

 

 

 

BY DLJ LBO PLANS MANAGEMENT CORPORATION,
General Partner

 

 

 

 

 

 

 

By:

/s/ MICHAEL S. ISIKOW

 

 

 

Name:

Michael S. Isikow

 

 

Title:

Vice President

 

 

 

 

 

 

 

 

 

DLJ MILLENNIUM PARTNERS-A, L.P.

 

 

 

 

 

 

 

BY DLJ MERCHANT BANKING II, INC., Managing General
Partner

 

 

 

 

 

 

 

By:

/s/ MICHAEL S. ISIKOW

 

 

 

Name:

Michael S. Isikow

 

 

Title:

Vice President

 

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DLJ INVESTMENT PARTNERS, L.P.

 

 

 

 

 

 

 

BY DLJ INVESTMENT PARTNERS II, INC., Managing
General Partner

 

 

 

 

 

 

 

By:

/s/ JOHN M. MORIARTY, JR.

 

 

 

Name:

John M. Moriarty, Jr.

 

 

Title:

Managing Director

 

 

 

 

 

 

 

DLJ INVESTMENT PARTNERS II, L.P.

 

 

 

 

 

 

 

BY DLJ INVESTMENT PARTNERS II, INC., Managing
General Partner

 

 

 

 

 

 

 

By:

/s/ JOHN M. MORIARTY, JR.

 

 

 

Name:

John M. Moriarty, Jr.

 

 

Title:

Managing Director

 

 

 

 

 

 

 

DLJIP HOLDINGS, L.P.

 

 

 

 

 

 

 

BY DLJ INVESTMENT PARTNERS II, INC., Managing
General Partner

 

 

 

 

 

 

 

By:

/s/ JOHN M. MORIARTY, JR.

 

 

 

Name:

John M. Moriarty, Jr.

 

 

Title:

Managing Director

 

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PUTNAM INVESTMENT MANAGEMENT, LLC on behalf
of:

 

PUTNAM VARIABLE TRUST - PUTNAM VT HIGH
YIELD FUND

 

PUTNAM HIGH YIELD TRUST

 

 

 

 

 

By:

/s/ MICHAEL E. DEFAO

 

 

 

Name:

Michael E. DeFao

 

 

Title:

Senior Vice President

 

 

 

 

NEON CAPITAL LIMITED

 

 

 

 

 

 

 

By:

/s/ PAUL COPE

 

 

 

Name:

Paul Cope

 

 

Title:

Director

 

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