EX-4.6



 Exhibit 4.6 

EXECUTION VERSION 
 SECOND
AMENDMENT TO SECOND SUPPLEMENTAL INDENTURE 
 among 

UNIVAR INC. 
 as Issuer

 THE GUARANTORS LISTED ON SIGNATURE PAGES HEREOF 

as Guarantors 
 and 

WELLS FARGO BANK, NATIONAL ASSOCIATION 

as Trustee 
 October 28, 2010








 THIS AMENDMENT TO SECOND SUPPLEMENTAL INDENTURE (this “Amendment”) is entered into as of
October 28, 2010 among Univar Inc., a Delaware corporation (the “Issuer”), the Guarantors listed on signature pages hereof and Wells Fargo Bank, National Association, a national banking association (the
“Trustee”). 
 RECITALS 

WHEREAS, the Issuer, the Guarantors and the Trustee have entered into that certain Indenture, dated as of October 11, 2007 (as amended by the First
Supplemental Indenture, dated as of October 17, 2007 and the Second Supplemental Indenture, dated as of September 20, 2010 (such supplemental indenture, the “Second Supplemental Indenture”) and as otherwise amended,
supplemented or modified from time to time, the “Indenture”), relating to the 12% Senior Subordinated Notes due 2015 in the aggregate original principal amount of $600 million issued by the Issuer (such notes, as amended, and any
notes issued in exchange, substitution or replacement therefor, the “Securities”); 
 WHEREAS, the Issuer and the Holders wish to make
certain amendments to various provisions of the Indenture and the Second Supplemental Indenture; and 
 WHEREAS, pursuant to Section 9.02 of the
Indenture, the Issuer has obtained written consent to the proposed amendments from the Holders holding 100% of the aggregate principal amount of the Securities outstanding. 

WHEREAS, on or prior to the date hereof, the Trustee has received an Opinion of Counsel and Officer’s Certificate pursuant to Sections 9.06 and 13.04 of
the Indenture with respect to the amendments to the Indenture that are to become effective on the date of this Amendment, regardless of whether the Second Supplemental Indenture Effective Date shall occur. 

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

Section 1. 

Amendment to the Second Supplemental Indenture 

The Second Supplemental Indenture is hereby amended to replace Annex A attached thereto with the Indenture attached as Annex A to this Amendment, to reflect
the blacklined changes set forth in Annex A to this Second Supplemental Indenture, such that, subject to Section 2 of this Amendment, the effective Indenture on the Second Supplemental Indenture Effective Date shall be as set forth in Annex A
attached hereto. All capitalized terms used herein without definition shall have the meanings assigned to such terms in Annex A. 







 Section 2. 

Miscellaneous 
 1. THE INTERNAL LAW OF THE
STATE OF NEW YORK (WITHOUT REGARD TO THE CONFLICTS OF LAWS PRINCIPLES THEREOF THAT WOULD REQUIRE THE APPLICATION OF LAWS OF ANY OTHER STATE) SHALL GOVERN AND BE USED TO CONSTRUE THIS SECOND SUPPLEMENTAL INDENTURE. 

2. This Amendment may be signed in various counterparts, which together will constitute one and the same instrument. Each signed copy shall be an original,
but all of them together represent the same agreement. 
 3. Upon execution and delivery of this Amendment, the Indenture shall be modified and amended in
accordance with this Amendment and, as applicable the Second Supplemental Indenture, as amended hereby, 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 Amendment will control. The Indenture, as modified and amended by this Amendment, is hereby ratified and confirmed in all respects and shall bind every Holder of Notes. In case of conflict between the terms and conditions
contained in the Notes and those contained in the Indenture, as modified and amended by this Amendment, the provisions of the Indenture, as modified and amended by this Amendment, shall control. 

4. Except as amended hereby, each provision of the Indenture shall remain in full force and effect and, as amended hereby, the Indenture is in all respects
agreed to, ratified, and confirmed by the Issuer, the Guarantors and the Trustee. The consent of the Holders to this Amendment shall not constitute an amendment or waiver of any provision of the Indenture except to the extent expressly set forth
herein, and shall not be construed as a waiver of or consent to any further or future action on the part of the Issuer or any Guarantor or waiver of any Default or Event of Default, except to the extent expressly set forth herein. 

5. Each Guarantor hereby reaffirms its obligations under its Guarantee and under Article 11 of the Indenture each as hereby amended by this Amendment. The
Issuer and each Guarantor hereby reaffirms its obligations under the Registration Rights Agreement. 
 6. In case any one or more of the provisions in this
Amendment shall be held invalid, illegal or unenforceable, in any respect for any reason, the validity, legality and enforceability of any such provision in every other respect and of the remaining provisions shall not in any way be affected or
impaired thereby, it being intended that all of the provisions hereof shall be enforceable to the full extent permitted by law. 

  
 3 








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

			
	 UNIVAR INC.
 as
Issuer

		
	By:	 	




	Name: 	 	DOUGLAS R. DREW
	Title:	 	V.P. TREASURER
	
	 CHEMPOINT, INC.
 as
Guarantor

		
	By:	 	




	Name: 	 	DOUGLAS R. DREW
	Title:	 	V.P. TREASURER
	
	 UNIVAR USA INC.
 as
Guarantor

		
	By:	 	




	Name: 	 	DOUGLAS R. DREW
	Title:	 	V.P. TREASURER
	
	 WELLS FARGO BANK, NATIONAL ASSOCIATION

as Trustee

		
	By:	 	  

	Name: 	 	


 [Second Supplemental Indenture] 







 
					
	UNIVAR INC., as Company
		
	By:	 	  

		 	Name:	 	
		 	Title:	 	
	
	MAGNABLEND HOLDINGS, INC.
		
	By:	 	  

		 	Name:	 	
		 	Title:	 	
	
	MAGNABLEND, INC.
		
	By:	 	  

		 	Name:	 	
		 	Title:	 	
	
	PMF CAPITAL, LLC.
		
	By:	 	  

		 	Name:	 	
		 	Title:	 	
	
	WELLS FARGO BANK, NATIONAL ASSOCIATION, AS TRUSTEE
		
	By:	 	 /s/ Lynn M. Steiner

		 	Name:	 	Lynn M. Steiner
		 	Title:	 	Vice President









 ANNEX A 

AMENDED COMPOSITE CONFORMED COPY OF THE INDENTURE TO 

INCORPORATE SECOND SUPPLEMENTAL INDENTURE, AS AMENDED 

PURSUANT TO THIS AMENDMENT 







 ANNEX B 

FORM OF CONSENT TO AMENDMENT TO SECOND SUPPLEMENTAL 

INDENTURE 
 October
[    ], 2010 
 Pursuant to Section 9.02 of the Indenture, the undersigned Holders, holding 100% of the aggregate principal amount
of the Securities outstanding, hereby consent to the Amendment, dated as of the date of this Consent, to the Second Supplemental Indenture, dated as of September 20, 2010, among the Issuer, the Guarantors and the Trustee, in the form attached
hereto. Capitalized terms used, but not defined, in this Consent shall have the meaning defined (including by reference) in such Amendment. 

[REMAINDER OF PAGE INTENTIONALLY LEFT BLANK] 







 IN WITNESS WHEREOF, the undersigned have caused this instrument to be duly executed as of the date first above
written. 
  

			
	GSMP V ONSHORE US, LTD.
		
	By:	 	  

	Name:	 	
	Title:	 	
	
	GSMP V OFFSHORE US, LTD.
		
	By:	 	  

	Name:	 	
	Title:	 	
	
	GSMP V INSTITUTIONAL US, LTD.
		
	By:	 	  

	Name:	 	
	Title:	 	


 [Consent of Holders]