**Exhibit 10.2.2**

 

**AMENDMENT NO. 2 TO AMENDED AND RESTATEDINVESTORS’ AGREEMENT**

 

This Amendment (the “**Amendment**”)dated as of July 23, 2004 to the Amended and Restated Investors’ Agreementdated as of October 6, 2000, and as subsequently amended by Amendment No. 1dated 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), theDLJIP 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 thePutnam Entities are parties to the Amended and Restated Investors’ Agreementdated as of October 6, 2000, as amended (the “**Investors’Agreement**”); and

 

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

 

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

 

**Section 1.**         ***Definitions;References***.  Unlessotherwise specifically defined herein, each term used herein which is definedin the Investors’ Agreement shall have the meaning assigned to such term in theInvestors Agreement.  Each reference to“hereof”, “hereunder”, “herein”, and hereby and each other similar referenceand each reference to “this Agreement” and each other similar referencecontained in the Investors’ Agreement shall from and after the date hereofrefer to the Investors’ Agreement as amended hereby.

 

**Section 2.**         ***Amendmentto Definition of Senior Preferred Stock***.  The definition of Senior Preferred Stock inthe Investors’ Agreement is amended to be the Senior Redeemable ExchangeablePreferred Stock of Opco, as amended from time to time.

 

**Section 4.**         ***GoverningLaw***.  This Amendment shallbe governed by, and construed in accordance with, the laws of the State of NewYork, without regard to the conflicts of laws rules of such state.

 

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

 

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

 

**Section 6.**         ***Effectof Amendment***.  Except asexpressly set forth herein, the amendments contained herein shall notconstitute 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 arehereby ratified and confirmed in all respects.

 

[**Remainder of pageintentionally left blank; next page is signature page]**

 

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**INWITNESS WHEREOF**, the parties hereto have caused thisAmendment to be duly executed by their respective authorized officers as of theday 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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