Exhibit 10.2

 

 

 

 

SECOND SUPPLEMENTAL INDENTURE

 

Dated as of April 30, 2009

 

among

 

TICKETMASTER ENTERTAINMENT, INC.

 

The Guarantors Party Hereto

 

and

 

THE BANK OF NEW YORK MELLON,

 

as Trustee

 

 

 

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THIS SECOND SUPPLEMENTAL INDENTURE (this “Supplemental Indenture”), entered into
as of April 30, 2009, among TICKETMASTER ENTERTAINMENT, INC., a Delaware
corporation formerly known as Ticketmaster (the “Issuer”), the guarantors party
hereto (the “Guarantors”), and THE BANK OF NEW YORK MELLON, as trustee (the
“Trustee”).

 

RECITALS

 

WHEREAS, the Issuer, the Guarantors other than (i) FLMG Holdings Corp., a
Delaware corporation (“FLMG”), and (ii) the entities set forth on Exhibit A (the
“Additional Guarantors”), and the Trustee entered into the Indenture, dated as
of July 28, 2008 (the “Indenture”), relating to the Issuer’s 10.75% Senior Notes
due 2016 (the “Notes”);

 

WHEREAS, the Issuer, the Guarantors other than the Additional Guarantors, and
the Trustee entered into the First Supplemental Indenture, dated as of
August 20, 2008 (the “First Supplemental Indenture”), pursuant to which FLMG
unconditionally guaranteed all of the Issuer’s obligations under the Notes and
the Indenture on the terms set forth in the Indenture;

 

WHEREAS, the Additional Guarantors other than TicketWeb, LLC, a Delaware limited
liability company (“TicketWeb”), became Domestic Restricted Subsidiaries of the
Issuer as a result of the acquisition by FLMG of 75% of the common stock, par
value $0.01 per share, of Front Line Management Group, Inc. (the “Acquisition”),
and Sections 4.13 and 9.01 of the Indenture require the Additional Guarantors
other than TicketWeb to execute and deliver to the Trustee this Supplemental
Indenture pursuant to which the Additional Guarantors other than TicketWeb shall
unconditionally guarantee all of the Issuer’s obligations under the Notes and
the Indenture on the terms set forth in the Indenture;

 

WHEREAS, in connection with the Acquisition, the Issuer formed TicketWeb and
merged TicketWeb Inc., a Delaware corporation and current guarantor under the
Indenture, with and into TicketWeb; and

 

WHEREAS, Sections 9.01, 10.03 and 10.04 of the Indenture require TicketWeb to
execute and deliver to the Trustee this Supplemental Indenture pursuant to which
TicketWeb shall unconditionally guarantee all of the Issuer’s obligations under
the Notes and the Indenture on the terms set forth in the Indenture and shall
succeed to and be substituted for TicketWeb Inc. under the Indenture, and
TicketWeb Inc. shall be released from all of its obligations under the
Indenture;

 

WHEREAS, the Guarantors, Additional Guarantors and the Issuer have requested
that the Trustee execute and deliver this Supplemental Indenture; and

 

WHEREAS, all things necessary have been done to make this Supplemental
Indenture, when executed and delivered by the Guarantors, the Additional
Guarantors and the Issuer, the legal, valid and binding agreement of the
Guarantors, the Additional Guarantors and the Issuer, in accordance with its
terms.

 

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AGREEMENT

 

NOW, THEREFORE, in consideration of the premises and mutual covenants herein
contained and intending to be legally bound, the parties to this Supplemental
Indenture hereby agree as follows:

 

Section 1.  Capitalized terms used herein and not otherwise defined herein are
used as defined in the Indenture.

 

Section 2.  The Additional Guarantors, by their execution of this Supplemental
Indenture, agree to be Guarantors under the Indenture and to be bound by the
terms of the Indenture applicable to Guarantors, including, but not limited to,
Article 10 thereof.

 

Section 3.  TicketWeb Inc., upon execution of this Supplemental Indenture, shall
be released from its obligations as a Guarantor under the Indenture.

 

Section 4.  This Supplemental Indenture shall be governed by and construed in
accordance with the laws of the State of New York.

 

Section 5.  This Supplemental Indenture may be signed in various counterparts
which together will constitute one and the same instrument.

 

Section 6.  This Supplemental Indenture is an amendment supplemental to the
Indenture and the Indenture, the First Supplemental Indenture and this
Supplemental Indenture will henceforth be read together.

 

Section 7.  The recitals contained herein are made by the Issuer, the Guarantors
and Additional Guarantors and not by the Trustee, and the Trustee assumes no
responsibility for the correctness thereof.  The Trustee makes no representation
as to the validity or sufficiency of this Supplemental Indenture.  All rights,
protections, privileges, indemnities and benefits granted or afforded to the
Trustee under the Indenture shall be deemed incorporated herein by this
reference and shall be deemed applicable to all actions taken, suffered or
omitted by the Trustee under this Supplemental Indenture.

 

[Signature Pages Follow]

 

2

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

 

 

 

 

TICKETMASTER ENTERTAINMENT, INC., as Issuer

 

 

 

 

 

 

 

By:

/s/ Brian Regan

 

 

Name:

Brian Regan

 

 

Title:

Executive Vice President

 

 

 

and Chief Financial Officer

 

 

 

 

 

 

 

 

FLMG HOLDINGS CORP.,

 

 

IAC PARTNER MARKETING, INC.,

 

 

MICROFLEX 2001 LLC,

 

 

TICKETMASTER ADVANCE TICKETS, LLC,

 

 

TICKETMASTER CALIFORNIA GIFT CERTIFICATES L.L.C.,

 

 

TICKETMASTER CHINA VENTURES, L.L.C.,

 

 

TICKETMASTER EDCS LLC,

 

 

TICKETMASTER FLORIDA GIFT CERTIFICATES L.L.C.,

 

 

TICKETMASTER GEORGIA GIFT CERTIFICATES L.L.C.,

 

 

TICKETMASTER INDIANA HOLDINGS CORP.,

 

 

TICKETMASTER L.L.C.,

 

 

TICKETMASTER MULTIMEDIA HOLDINGS LLC,

 

 

TICKETMASTER NEW VENTURES HOLDINGS, INC.,

 

 

TICKETMASTER WEST VIRGINIA GIFT CERTIFICATES L.L.C.,

 

 

TICKETMASTER-INDIANA, L.L.C.,

 

 

TM VISTA INC.,

 

 

as Guarantors

 

 

 

 

 

 

 

By:

/s/ Brian Regan

 

 

Name:

Brian Regan

 

 

Title:

Executive Vice President

 

 

 

and Chief Financial Officer

 

Signature Page to Second Supplemental Indenture

 

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ECHOMUSIC, LLC,

 

 

EVENTINVENTORY.COM, INC.,

 

 

NETTICKETS.COM, INC.,

 

 

OPENSEATS, INC.,

 

 

PACIOLAN, INC.,

 

 

PREMIUM INVENTORY, INC.,

 

 

SHOW ME TICKETS, LLC,

 

 

THE V.I.P. TOUR COMPANY,

 

 

TICKETSNOW.COM, INC.,

 

 

TNOW ENTERTAINMENT GROUP, INC.,

 

 

as Guarantors

 

 

 

 

 

 

 

By:

/s/ Brian Regan

 

 

Name:

Brian Regan

 

 

Title:

Vice President

 

 

 

 

 

 

 

 

FRONT LINE MANAGEMENT GROUP, INC.,

 

 

AZOFF PROMOTIONS LLC,

 

 

FEA MERCHANDISE INC.,

 

 

FRONT LINE BCC LLC,

 

 

ILAA, INC.,

 

 

ILA MANAGEMENT, INC.,

 

 

SPALDING ENTERTAINMENT, LLC,

 

 

ENTERTAINERS ART GALLERY LLC,

 

 

as Guarantors

 

 

 

 

 

 

 

By:

/s/ Colin Hodgson

 

 

Name:

Colin Hodgson

 

 

Title:

Authorized Person

 

 

 

 

 

 

 

 

TICKETWEB, LLC,

 

 

as Guarantor

 

 

 

 

 

 

 

By:

/s/ Chris Riley

 

 

Name:

Chris Riley

 

 

Title:

Senior Vice President, Deputy General Counsel and Secretary

 

Signature Page to Second Supplemental Indenture

 

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THE BANK OF NEW YORK MELLON,

 

as Trustee

 

 

 

 

 

 

 

By:

/s/ Sherma Thomas

 

 

Name:

Sherma Thomas

 

 

Title:

Assistant Treasurer

 

Signature Page to Second Supplemental Indenture

 

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EXHIBIT A

 

FRONT LINE MANAGEMENT GROUP, INC.
AZOFF PROMOTIONS LLC
FEA MERCHANDISE INC.
FRONT LINE BCC LLC
ILAA, INC.
ILA MANAGEMENT, INC.
SPALDING ENTERTAINMENT, LLC
TICKETWEB, LLC

 

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